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


To: DlphcOracl who wrote (742)4/5/1999 11:04:00 PM
From: Internet Jones  Read Replies (1) | Respond to of 1377
 
"'Cybersquatters' Face Crackdown

NEW YORK (AP) -- The company that assigns Internet addresses is cracking down on ''cybersquatters'' -- people who register catchy domain names they hope to resell at a profit. Network Solutions Inc. which has an exclusive government contract to register Internet addresses, recently purged 18,000 registrations that it suspected were held by speculators, who typically register thousands of names at once. The company said it had the legal right to reclaim most names because the registrants had not paid on time. Network Solutions charges $70 for a two-year registration of a domain name."

That's a news story from today. A problem that I see with the buy limit order strategy is if the stock gaps up at the open, the order will never fill. Overnight news might defeat the strategy. If it opens at $100, no fill.