All these shorts have no idea what they are dealing with. Let them short, they will get burned. NSOL is positioned so well, and the infrastructure that they have built, and the deals that they have signed are rock solid, and secure. Remember, registering domain names is not a 1 time deal, it is a subscription. Many people fail to realize this. Nobody is going to put their domain in the hands of unknown upstart company to save a few bucks.
Heres more:
It's an Internet Lifetime Until Competition Starts
A lot of people are making a lot of noise about the competition for domain name registration in the year 2000. Keep in mind that it's an Internet lifetime until then. In the meantime, millions of people, companies, organizations, etc. have to register and millions of registrants have to be served. By the time the government figures out how to have multiple companies run the business (as if this were easy to do) NSOL will have cooperative agreements with almost everybody to support almost everything, including domain name registrations. This is a sharp company whose majority shareholder (Science Applications International Corp.) is even sharper. Unfortunately, SAIC isn't publicly traded. Even after SAIC completes its secondary offering of 4.5 million shares in late February, it will retain 7 million or so shares. Believe me, SAIC wouldn't be retaining 7 million shares if it expected NSOL to disappear next year. |
