Thank you, Lane. Finally! A bull that focuses on the issue that matters instead of upcoming earnings or BS technical analysis. Now let's examine your points:
On the "retail" or competitive side of the business, what should one expect margins to be? I would bet, eventually, they'll be ZERO, as web hosting companies give away the one time registration in order to get the recurring revenue stream of the web hosting business.
On the "wholesale" or monopoly side, what should the margins be? Well that remains to be seen. But think for a moment about what it SHOULD be and forget for a moment that you own the stock. The DNS system was created with your tax dollars, and a monopoly contract to manage it was given to a well connected group of individuals. Should they be able to operate it so that they achieve the "tremendous" margins you say they will generate? I think not. Should any government created monopoly be able to extract monopoly pricing? No. That's why states have utility commissions that dictate your electricity rates based on return-on-equity criteria for the utility companies.
Think of an analogy: If, though my well connected friends, I gained control of a government contract to manage the distrbution of driver's licenses nationwide, and then proceeded to do so at "tremendous" margins, shouldn't you object when you receive my bill to renew your license every four years? Shouldn't I have to operate the business at cost-plus and generate some reasonable return on capital?
If you disagree, and think it would be right for NSOL to extract big profits from a monopoly contract to manage a system created with your tax dollars because you own the stock, then shame on you.
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