NSOL tanking...if it goes well below 80 I'm buying.
Here's a good article regarding the registrars. The important thing to keep in mind is that NSOL gets 9 bucks apiece per year for doing less work. Registrations will explode once AOL gets into the act and NSOL's revenue will increase with it. They're the market leader and will continue to get most of the Non-AOL registrations so it's win-win for them. IMHO:
5 Picked To Register Web Addresses
AP Online, Thursday, April 22, 1999 at 03:39
By TED BRIDIS Associated Press Writer WASHINGTON (AP) - The organization that will manage much of the Internet selected five companies, including America Online, to help consumers register Web addresses.
The decision by the Internet Corporation for Assigned Names and Numbers represents an important 60-day experiment aimed at opening the worldwide computer network to capitalist competition.
Consumers who want to register addresses now must pay $35 each year to Virginia-based Network Solutions Inc., which has enjoyed a lucrative exclusive agreement with the government since 1993.
Under plans announced Wednesday, people can instead pay AOL or four other companies or continue doing business with Network Solutions, which also will continue to administer a master list of more than 4 million Web addresses ending in ''com,'' ''net'' or ''org.''
AOL Senior Vice President George Vradenburg called it ''an important step in the Internet's evolution.''
Robert Seidman, who distributes an e-mail newsletter about AOL to 50,000 subscribers, predicted that AOL, the world's largest Internet provider, will encourage its more than 17 million members to register vanity Web addresses.
''It's pretty easy to see that they'll try to get to the space of personal vanity Web site hosting,'' Seidman said. ''They have a huge infrastructure from a promotional point of view to support that. The opportunity for them is going to be huge. There, they'll have an advantage over anyone.''
In exchange for Network Solutions administering the master list of addresses, the five companies agreed to pay it a one-time fee of $100,000, plus $9 per year for each address they register. That helped propel Network Solutions stock 53 percent higher Wednesday; it rose $32 to close at $92.
AOL hasn't decided what price it will ultimately charge consumers, spokesman Jim Whitney said, adding that ''questions of marketing, pricing, are all for down the road.''
Network Solutions said it will continue charging $35 a year.
The U.S. government announced last year it plans to largely end its management of the Internet and turn over control of most functions to the Internet Corporation for Assigned Names and Numbers, a California-based nonprofit group.
The government would still be responsible for assigning Internet addresses with the ''gov'' and ''mil'' suffixes for federal agencies and military institutions, respectively.
The other four companies selected were the Internet Council of Registrars, France Telecom, Melbourne IT and Register.Com.
|