Believe me, I FEEL your pain. I've been adding shares with almost every 20 point drop. I broke my crystal ball last year, or I'd give you a time-frame. I don't have a problem with your post, all of it has gone through my head a few hundred times these last couple of weeks. I just think that there has been a lot more negative talk/speculation/misinformation etc. about NSOL than other nets. If was only Barron's bashing it like AMZN, then most wouldn't care (not a well respected analytical publication on nets). Here is the latest from Keith Benjamin on the subject. He's been pretty good for me over the last couple of years:
NETWORK SOLUTIONS – This stock has been plagued by competitive
confusion, with the next act in this drama about to be played. Within a
week or two, we expect ICANN to announce the price paid to NSOL for
registrations made by other sales agents. The temporary price was set
at $9 per year. We expect the price to scale down a bit as NSOL reaches
registration milestones, probably measured in multiple millions. Our
best guess is that the floor may reach $5 per year, but this appears to
be more of a political than economic decision. Regardless, it is only
relevant to the degree anybody else registers any significant number of
names. We believe the company's marketing muscle will again allow it to
post powerful growth in domain name registrations for the June quarter,
with almost all of the wanna-be competitors still looking for a business
plan. As such, we expect the stock to recover with the numbers.
endquote--- Sounds great to me, its about time ! |
