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Technology Stocks : Network Solutions (NSOL) -- Ignore unavailable to you. Want to Upgrade?

To: Brian S. McWilliams who wrote (1287)	8/13/1999 1:41:00 PM
From: Jaime Leiderman	Read Replies (1) \| Respond to of 1377

RESOLUTION SHOULD HELP NETWORK SOLUTIONS - We believe that a resolution is imminent in the ICANN/Network Solutions/Justice Department dispute. We expect that an agreement will soon be announced whereby NSOL will recognize ICANN's authority to govern Internet registrations. We also believe that the agreement will authorize Network Solutions to maintain the Internet registry for a period of up to 5 years. As the keeper of the registry, Network Solutions will be paid for all registrations on the Internet, regardless of the registrar. Currently NSOL receives $18.00 per year for registrations; this will likely be cut in half to start, and we expect that it will ratchet down to a number around $5.00 by the end of the contract. Even at $5.00 fee the annual revenue from the registry business could be in the realm of $500 million. At the registrar level, we believe that the agreement will call for a relaxing of Network Solutions 2-year minimum registration period for domain names. The minimum registration period will likely be a year, but we believe a market may be created for longer (up to 5 years or more) registration periods. This would play into Network Solutions market leading position. We believe that investors have been standing by, waiting for resolution to the dispute. Given the potential proximity of an agreement, we encourage investors to get off the sidelines and back into the stock. <From Keith Benjamin weekly web report> Aug 13/1999