Mark Cuban owns 9.1% of Register.com

[The_Desertfox]

Hi Folks,

this might be interesting for some of you:

One of my stock news services I subscribe to just posted this headline

RCOM Register.com: Mark Cuban reports 9.1% stake in co

No other info was posted, except the headline.

What's Cuban up to?

 

[The Equivocate]

He's got the money, so why not? Might as well get some other interests outside of basketball..

 

[-db-]

Being from Dallas, and being a sports fan, I see him every time I turn around. He's quite a character. Almost nothing would surprise me, investment wise. He's got more money than he knows what to do with. He's like a big kid, and the world is his personal toy store.

 

[faisj]

Being from Dallas, and being a sports fan, I see him every time I turn around. He's quite a character. Almost nothing would surprise me, investment wise. He's got more money than he knows what to do with. He's like a big kid, and the world is his personal toy store.

so true!

 

[CrazyTech]

Was just watching Your World with Cavuto on Fox and they had Cuban on. He confirmed that he does indeed own 9.1% of Register.com.

 

[Joey]

Nice investment for him!

 

[vimkar]

yes .. good investments . :lala:

 

[DJ_Guvana]

Very Nice indeed. Next they will be telling me David Beckham ownS 12% oF download.com. These sports starts put there fingers in to many pies, they got shares in places you wouldn't expect.

 

[The_Desertfox]

Here is an update:

RCOM Register.com: Mark Cuban reports 13.7% stake in RCOM, after reporting 9.1% stake on 6/29 (7.57 )

 

[Element]

Thats a good thing for him.

 

[Riceman]

rumor has it he owns a lil bit of tucows as well

 

[Venolus]

I dont think its so big news to own a share at a big company...

 

[worldstar]

Haha, Profitable business! The more share the better!

 

[Venolus]

I would buy 51% and take the hold

 

[BriGuy20]

Perhaps a good investment, but aren't register's prices pretty high?

I remember paying something like $30 on there for a domain that cost me $6 elsewhere.

 

[slaughterbeck]

Perhaps a good investment, but aren't register's prices pretty high?

I remember paying something like $30 on there for a domain that cost me $6 elsewhere.

Very true and more experienced domainers don’t use them but if you were new you would probably type in register when searching for a place to snap up your domain quickly and with so many new markets opened it still seems like a solid investment.

 

[BriGuy20]

Very true and more experienced domainers don’t use them but if you were new you would probably type in register when searching for a place to snap up your domain quickly and with so many new markets opened it still seems like a solid investment.

Yup.... exactly what happened in my case.

The first domain I registered was with register.com, but as soon as I saw the lower prices, I took my business elsewhere. Still, given the multitude of people that have yet to get a domain, it seems a sensible business.