There's no business like show-business
While I don't agree with Snoop's bearish views on the LLL market and the general consensus among the domain-blogging community (sic) to downgrade LLLs over the past couple of couple of months, I think Bmugford and Michael's positions are somewhat exaggerated on the other end of the spectrum. One should look at a reasonable middle-ground between these two extremes.
First it is important to note that, as Snoop mentioned, MLL had been on the boards for sale for quite a long time and it is not fair to say that it did not have exposure. Anyone in the business looking for acquisitions and frequenting the boards would have seen it and had a chance to make an offer. This was not one of those "I need to sell within 48h" type of sales, where IMO prices don't reflect the market value. Talk is sweet, but the reality is that at the time, nobody was willing to pay more. And to be fair, other LLLs of similar quality were selling around that price point whether on the boards, Sedo or Namejet...
Now I agree with Bmugford that you need to bring end user prices in the equation. What makes quality LLLs attractive and a good long term investment is that each one has such a vast amount of potential end user usage. The end user base is global and you don't need to worry about language barriers. And if you look at what kind of end users typically enjoy using such acronyms it is clear we are dealing mostly with high-end clients.
This is why setting mid to high five-figure price targets for such quality LLLs is far from being unrealistic, and also why there has always been a flow of private transactions going on at six-figure levels. This is obviously not a very liquid market at those levels, but it is clearly a good reason to buy and hold quality LLLs.
Now getting back to MDD.COM and it's appraisal, I think $30-40k looks like a good price target in the current environment.
