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Technology Stocks : Network Solutions (NSOL)

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To: Duane Greg who wrote (822)4/10/1999 5:20:00 PM
From: KeepItSimple  Read Replies (2) of 1377
 
>You don't think this Forbes 500 company is a good business with good earnings?

Network Solutions is a joke. Their customer service is non-existant, their servers have pathetic response times, and their profitability is based entirely on the monopoly they happened to get from the government for a service that is easily recreated by any kid with 20 thousand bucks to spend on some fast servers.

In short, once the rules are changed to allow competition, Network Solutions has no chance at all. Competitors have already announced they will offer the same service for 5-10 dollars a year, which will literally kill any fat profit margin NSOL currently has.

Fortune 500 company only due to internet stock mania. Not through operations.
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