Domain Names Predicted to be Outstanding Investment Opportunities (News Release)   6/3/2005 - 606 views,

WASHINGTON, June 2 /PRNewswire/ — Domain name owners from around the
world gathered for a conference last week in Las Vegas to discuss strategies
for developing domain names into profitable sources of revenue and valuable
assets. Speakers said that they are now seeing a solid, mature increase in
the value of domain names after the period of over-speculation that the dot-
com industry experienced a few years ago.
The three-day TRAFFIC Conference featured presentations by venture
capitalists, entrepreneurs, lawyers and Internet marketing experts who
discussed numerous techniques for developing domain names into profitable
websites and successful business ventures. The 230 participants also had an
opportunity to discuss their portfolios and their domain names for sale.
According to one of the speakers, Stephen H. Sturgeon, a Washington, D.C.
attorney, “Increasing numbers of investors are finding that domain names can
be an excellent investment opportunity. Limited liability companies are being
established to permit investors to joint-venture with domain owners and
industry experts to increase the profitability of good domains and their
websites. As the domains are developed, the revenue stream can be increased
dramatically — resulting in substantial increases in the asset value of the
domain name. One extraordinary example that was discussed during the
conference was the reported sale of MEN.COM for $1.3 million after it had been
purchased for $15,000 four years earlier. Some other recent sales have
reportedly been LOCAL.COM for $700,000, GOSPELMUSIC.COM for $150,000 and
PETSUPPLIES.COM for $75,000.”