opinion As .Com registrations surge, is Verisign a good buy?

[Arpit131]

Domain name registrations are outpacing Verisign’s guidance.

There was a rather spirited conversation over at DomainSherpa today about the landrush on short domain names.
Yes, you should buy some Verisign stock:

• Verisign forecasted growth in the domain name base in Q4 of 1.1 to 1.6 million names for .com and .net combined. If the quarter ended today, the domain base would be up a whopping 3.85 million domain names.
• Few people know this because they don’t keep a daily eye on .com/.net registrations, and they don’t know what’s going on in the Chinese market. It’s a buying opportunity.

No, you shouldn’t buy Verisign stock:

• The numeric and short registration binge is almost over. They’re running out of domains to register.
• This is just a one-quarter blip in registrations, and numbers will return to normal next month.

Source

What do you think??

 

[korganian]

Why would this be considered a one-quarter blip in earnings? Don't they keep getting their fees on the renewals as well?