PARKED.COM - Official Thread!

[TOXX]

Hi,

Welcome to the OFFICIAL PARKED.COM thread!

 

[goodkarmaco]

domain renewels $50.00 ?

Seabass,

that is weird how they both left and have not said much .

I don't know for sure, but they have to be getting hit too with parking revenues. You also make complete sense about holding cash to buy up names on the cheap as this will be a shake out and many good names will be cheap.

Googles stock has exploded recently, gaining about $30.00 in one day. If you want Google stock be prepared to pay about $530. per share!.


My crystal ball shows me very high inflation coming down the pike shortly, starting this summer. I am not talking .10 percent either, we are having that now. I am talking double digit inflation that leads quickly to hyperinflation.

If that is the case how many domainers who have huge numbers of names will have to let many go if registration fees jump to $35.00 or to $50.00 per year?.

Pay out those registration fees for three to five years if you can afford too. Now this is all from each persons perspective if one acts on this or not. I do know many have laughed and said when I posted many times about a year ago that the economy is slowing down. I remember less than a year ago some say, " what are you talking about, the economy is strong.

As domainers we only know what is in front of us. All is not well for the American dollar and thus the world economies.

 

[thetruman]

If there is inflation, also your domain name will gain value being an assett...you didn t mention this bit

 

[Domagon]

...that is weird how they both left and have not said much...

That doesn't bother me - but what does concerns me a bit is the seemingly less response lately from Donney to this thread...

It's as if Donny has little to nothing more to say about the situation beyond what he already has - a sign this situation is a longterm one, and could get much worse.

I'm certainly glad Parked pays twice a month with only a 5 or so day delay (among the fastest payouts of any parking company :imho: ) and thus little risk of losing any substantial money - if and when things really go south, it will happen fast! :o

...holding cash to buy up names on the cheap as this will be a shake out and many good names will be cheap.

Yep, another reason ... many are chomping at the bit to increase their domain portifolios, if for no other reason, to park (no pun intended) their cash in a relatively safe asset class that's growing in value faster than most any other, and are very easy to manage.

Googles stock has exploded recently, gaining about $30.00 in one day. If you want Google stock be prepared to pay about $530. per share!.

Google's stock has never split ... $30, while seemingly a big swing, really isn't that much relative to Google's share price.

My crystal ball shows me very high inflation coming down the pike shortly, starting this summer. I am not talking .10 percent either, we are having that now. I am talking double digit inflation that leads quickly to hyperinflation.

Higher inflation is definitely here, but hyperinflation is a very different beast often more associated with severe lack of resources, such as due to war, major disasters, etc.

On a related topic, much of the current high commodity prices are speculation driven and not based in reality - ie. oil prices are at $120 barrel even though overall demand for oil has dropped, and in addition there's still a lot of oil in the ground throughout the world.

It's akin to how Enron and other energy traders caused the power crisis in California - there was always enough electricity, and infrastructure - problem was the energy traders were calling the shots instead of the engineers; another reason deregulated utilities are a bad thing, but I digress.

If that is the case how many domainers who have huge numbers of names will have to let many go if registration fees jump to $35.00 or to $50.00 per year?.

.COM and .NET reg fees are capped, and furthermore, the operating costs of the VeriSign registry is so darn low that even if their costs doubled tomorrow, they'd still have an extremely difficult time convincing ICANN to allow an increase above what's already permitted in their 7 year contract; push too hard and run the risk of the U.S. govt taking over those registries.

With that said, other registries outside of .COM / .NET, especially smaller ones, could potentially raise their rates substantially.

Pay out those registration fees for three to five years if you can afford too.

For many TLDs yes, but may not make sense for .COM / .NET because the fees for those are scheduled to increase only slightly; likely lower than the rate of inflation meaning that paying on an annual basis might actually make more sense...

Though paying in advance, as you suggest, has the advantage of piece of mind; that alone is more important to many domainers.

As domainers we only know what is in front of us. All is not well for the American dollar and thus the world economies.

The value of the U.S. dollar has been very low in the past, and bounced back.

Much of the debt / trade with China and other countries, including oil nations, is transacted in dollars - at some point the dollar will stabilize and bounce back ... China and others have far more to lose than the U.S. does if the dollar drops too far for too long.

Ron

 

[netmeg]

I got an answer to a PM from Donny yesterday or the day before, saying he was at a conference with a dicey connection and asking me to email him directly. So I think that's why he hasn't been here.

That said, I'm not sure what you'd expect him to say. The domain parking business is changing, and we all have to change with it.

 

[packrat]

That said, I'm not sure what you'd expect him to say. The domain parking business is changing, and we all have to change with it.

Well some time ago Donny alluded to some changes at Parked, such as
new templates. It would be good to know about the status of those types
of changes. I for one think that more modern looking and more attractive
templates would help with CTR. At least for my domains...

 

[MildSeven]

http://biz.yahoo.com/ap/080422/earns_yahoo.html

Yahoo's 1st quarter profits triple compared to last year's 1st quarter profits.

 

[thetruman]

I read it as well... at the expense of domainers? (parking?)

 

[GILSAN]

http://biz.yahoo.com/ap/080422/earns_yahoo.html

Yahoo's 1st quarter profits triple compared to last year's 1st quarter profits.

Although it had good results it didn't impress Wall Street as the stock dropped 1% after hours. Microsoft is very happy with that.

GIL

 

[Seabass]

If there is inflation, also your domain name will gain value being an assett...you didn t mention this bit

Most assets lose value during bad times - that is why the rich sit back and buy assets in a down market when good folk are selling for pennies on the dollar. Especially luxury items.

If there is sky-high inflation your house will not normally be going up in value - it should drop in price. But it could go up in price to reflect a currency worth less in value that has now reset itself to reflect the currency's true worth. But no added value will be there. No one will want to buy a home in those conditions.
.

I read it as well... at the expense of domainers? (parking?)

It looks like they made the money on a windfall from Alibaba. Without that they really did not improve over last year, first quarter .

Quote from link posted above:

"Most of the first-quarter improvement stemmed from a non-cash gain of $401 million recorded to recognize Yahoo's stake in the parent company of Alibaba.com, a leading e-commerce site in China that went public last year.

If not for the Alibaba windfall, Yahoo would have earned 11 cents per share -- comparable to its profit at the same time last year, on an apples-to-apples basis."

 

[goodkarmaco]

In rough waters, knowledge is your best friend

I stand by my predictions and I know it sounds crazy. I have been spot on for many years. All I do is look past what is said in the newspapers and read what experts say.

Of course I am interested in other opinions. Just like nobody knows what you know, nobody knows what I know. So each of us will chart our courses. I think the waters will be very rough soon.

The inflation is very soon now, the flood of paper back dollars the Fed has thrown at problems that the market should have corrected itself is now heating up the economy. If the problems are large even then the free market takes care of imbalances.


Something is dreadfully wrong with the economy and this spike of inflation proves throwing money to bail out and help Americans is not thes smartest idea hatched lately.


Creating a massive wave after wave of fiat money to stave off panic, the Fed has been planting this landscape of false hope by bailing out the markets. There is a cost to do this, even though it bids them more time to hopefully get the man out of office before the shit hits the fan. The cost is not pleasant to think about. Wall St. will swell to the moon with sheeppeople who are under some kind of spell. How could it be otherwise for all who walk into the incinerator?.

The fan is whirling faster and faster now.

It is picking up more and more damage as the money they printed without backing is now in the economy circulating. When a country quickly grows their money supply in this way the outcome is always the same. Its easy to understand really. Lets say as a nation we produce enough wheat to make one million loafs of bread. The average price of a loaf of bread being $3.00.

Now lets say in that year this certain government for a reason known only to them multiples the money in circulation by a factor of four.

Yippee, look at all this cash is the immediate reaction. As the money percs thru the economy this happens.. since four times as much cash is wanting to buy the one million loafs of bread prices can only rise. That is because dollars are chasing the commoditys.

Cause and effect is powerful karma.

When inflation is coming down the pike the first signs of the intensity of the coming inflation for price surges are food, commodities and hard assets rising.

 

[Seabass]

goodkarmarco, your exactly right - that is what is happening and nobody seems to care except the gold buyers. A good friend of mine in the last two years just made over 20 million dollars buying gold mine options - he has been saying since 2001 that this would happen. I think he was just a few years off. Since the Fed is an expert at manipulating the economy, they have averted disaster and prolonged the coming of the inevitable since 2001.

I was bullish in respect to stocks in the 92' recession, stocks and domains in the 2000 recession, and every other time in my life I have been bullish in regards to investing and the general U.S. business atmostphere, but this time around I am scared for the U.S.

If you listen to the most pessimistic of experts, some say 30% home value drop is coming and others say food rationing is in the foreseeable future. My feeling is they are right. Where did all this new wealth in the U.S. come from? Folks had money in the 1980's - but not this many people lived at this level of comfort. Much of it has to be fake, and thus reality bites eventually.

Okay..... back to talking about Parked. My RPC seems to be inching higher on a very slow incline.
.

 

[Donny]

Sorry I have been away for the past two weeks. First meeting with Yahoo in the UK and then at Domain Roundtable. In both cases my internet access has been limited and today, my email has decided it doesn't want to work very well. So I'll be catching up over the next few days.

Donny

 

[goodkarmaco]

Reshaping the American landscape

Really though the argument that Icaan will not allow registrarrs to raise prices real high is not based in reality.

First off we are not seeing hyperinflation yet. When it happens as the price of oil, commoditys, etc start going thru the roof, everyone is paying more. Their business expenses are costing more and more as this cycle deepens.

Then at that time when places like Godadd- see every business line item is doubling and tripling, they put pressure on Icaan. At frist they drag their feet, then as more and more of their employees bitch and complain that their wages are not keeping abreast of inflation and the bills coming in are alot higher, bills like their hosting fees, electric, heating, transportation to shows Godadd- has to host, you will find registration fees like most things will not be the same.

If you think $120. a barrel for oil, a massive creation of fiat money into the financial system and 150 billion give aways to American taxpayers will not cause problems and inflation you are living in la la land.

Thats ok for those who choose to deal with reality as it hits them.

For those who want to protect their investments it is not a stupid thing to reg out your names for several years if you can afford to do so.

Remember registering names in the late 90'S was way more than $6.95.


Todays smoke and mirrors economy can change everything very quickly. All it will take is for a couple dominoes to start falling, i.e. $6.00 a gallon gas, massive layoffs, shortages, you know normal stuff that usually happens to banana republics.

Donney is back, we better start talking domains, lol.

 

[GILSAN]

Todays smoke and mirrors economy can change everything very quickly. All it will take is for a couple dominoes to start falling, i.e. $6.00 a gallon gas, massive layoffs, shortages, you know normal stuff that usually happens to banana republics.

Donney is back, we better start talking domains, lol.

Here in Europe we pay twice as much for gasoline as Americans do. We are much more advanced in energy conservation than in the US. Planting corn to produce Ethanol is not the solution. The result as we see is higher food prices and food riots around the world. Europe is not as addicted to debt as in the US. Although things are changing many people in Europe still have a culture of saving for a rainy day.

The US has the biggest Foreign Debt in the world and going up all the time. Because of this massive debt the dollar is getting weaker all the time thus making imports more expensive. The next US President, if he/she has the courage, needs to start making radical changes to conserve energy and reduce the US Debt Addiction. If it carries on the way it's going then China, the oil producing contries and others will carry on saying "Thank you America, please keep on spending"

Hugo Chavez, said a few weeks ago that oil would hit $200. At the rate its going, that idiot may be right!

I found this article about the US being deep in debt, very interesting:

http://articles.moneycentral.msn.com/Investing/JubaksJournal/USDeepInDebtAndStillDigging.aspx

Now back to domaining

GIL

 

[panterrasbox]

GILSAN, good points.

 

[Seabass]

Closed up high yesterday at Parked.

 

[vbigdeli]

Dooney is back, we better start talking domains, lol.

Yes,let's talk about oil parking :sold:

 

[GILSAN]

Yes,let's talk about oil parking :sold:

oilparking.com is available :]

GIL

 

[goodkarmaco]

Gilson,

your points about Europe are insightful.

Even though you do not live in America you have described what is going on here better than most who live here.

 

[GILSAN]

Gilson,

your points about Europe are insightful.

Even though you do not live in America you have described what is going on here better than most who live here.

Actually I lived in Califor-i-a for 7 years between 1974-1981. I have a lot of admiration for the US and try to keep up with whats hapening there all the time. Whatever happens in the US affects the rest of the world, especially the economy. We have a saying here that "when the US f_rts it smells all over the world!"

GIL