07-26-2007, 09:11 AM
Quote:These are boom times in an estimated $2 billion industry that involves the buying and selling of domain names. When people type the generic names into their Web browser's address field, sites that generate pay-per-click advertising revenue appear. Such "direct navigation" bypasses search engines.
"This industry is like the wild, wild West right now and people have no idea how fast it's growing," said Jerry Nolte, managing partner of Domainer's Magazine, a new trade publication devoted to this little-known world.
Some believe the industry's market value could reach $4 billion by 2010 as people continue to purchase approximately 90,000 names a day and the number of domain registrars swells.
At the end of first quarter 2007, at least 128 million domain names had been registered worldwide, a 31% increase over the previous year, according to VeriSign, which runs some of the core domain name directories for the Internet...
full article: http://www.usatoday.com/tech/techinvesto...ling_N.htm
