Hi Sarkie,
no you were not alone in this one. I was there all the time too. They have a tremendous potential, most of all because of their project with UCC.
However, I sold yesterday morning my shares at 35, just before the run up to pay off some law suits I have in Chile. There, the lawyers have made the domain name business a profitable one for themselves. If you register a generic domain, a large company has 30 days time to register as well, then both parties have to pay half of the cost of the lawyers. For some names it is really worth to pay for it, without being sure about the outcome. Who has more right on the name 'www.bingo.cl'? I was the first to register it, a large company wants it now as well. If I win, I make it a search engine, which sounds 'bingo' when you get your results.
Anyway, it was at 17 just some weeks ago. And the combination with CMRC is VERY strong.
Good luck, I'm still long and strong in Gnet and Inkt.
Regards,
Pareto |
