Since the word "were" is a very common one in every day language, overture stats don't mean a lot here. There's generic and there is too generic.
Too generic for very short domains CAN be excellent, but to me, "were" has a negative connotation because it's about something in the past. I just have a hard time seeing it as something brandable. Using it as "we're" like were.com does is a hard sell in secondary market.
I'm Canadian and have been in the domain business for 4+ years now and doing business online a lot longer... and with many large companies across a number of industries... and I can't figure out one type of business that might be attracted to the domain unless it was a significant part of their company name. They aren't easy acronym letters either.
As a .com, it could easily be $2X,XXX with right buyer.... .ca? $5k *maybe*... and that would be Canadian $ - so $4k US. More realistic would be $2k. Fast turnover half that. Clarification: The $1k was referring to end user purchasing.