05-20-2003, 07:57 AM
Good arguments but please consider followings
1) Your point that Loans.com may not have value for me??? No way... I wish I could have that domain. Because my dear now a days good generic internet domain names are also being "Leased" and "Rented" out on "Rent Per Click" basis. good generic domains are perpetual gold mines. So, who'll like to kill the hen?? This argument is not working. When Bank of America bought Loans.com, probably they worked out all potential benefits from the domain before agreeing and paying the price. It could've been equally beneficial to any other bank like BOA. Similarly ABN Amro Bank bought Mortgage.com for about US$ 700,000 (I don't remember the exact figure.) I think their decisions were based upon pure merit of the bargains.
2)Your point regarding traffic is absolutely right. But still, traffic may be "One" of factors to be considered. Sometimes, names by itself never attract any traffic but it's the "Brand Building" which generates traffic. Look at Yahoo.com or Google.com or eBay.com ???? How commonly we see these names out of cyber world?? In these cases actually it was brand building not the "originality" or "popularity" of names.
3) Your argument that may be after some years or after a reasonable period, Loans.com would of no worth to anybody but Bank of America???? Think again... your conclusion should be otherway round. Please note we are talking about "Generic" names not Trade Marks or Branded service marks.... In my opinion, suppose after certain period everybody comes to know that Loans.com is owned by BOA and suppose, somehow, BOA loses that domain to some other registrant.... think what would happen??? My dear may be at that time, BOA would be ready to pay double or even more than the price earlier paid. It's not my perception or "Andaza".. It had already happened at so many occasions. I read quite a time ago that Microsoft had mistakenly lost domain "Passport.com" which it uses for "Hotmail" service. Resultantly, all email handling servers were down because domain name was not there to reach those servers. So, it was bought back by Microsoft for an undisclosed amount....
Now please let me know what do you think....??
Edited by - TheOne on May 20 2003 030404 AM
1) Your point that Loans.com may not have value for me??? No way... I wish I could have that domain. Because my dear now a days good generic internet domain names are also being "Leased" and "Rented" out on "Rent Per Click" basis. good generic domains are perpetual gold mines. So, who'll like to kill the hen?? This argument is not working. When Bank of America bought Loans.com, probably they worked out all potential benefits from the domain before agreeing and paying the price. It could've been equally beneficial to any other bank like BOA. Similarly ABN Amro Bank bought Mortgage.com for about US$ 700,000 (I don't remember the exact figure.) I think their decisions were based upon pure merit of the bargains.
2)Your point regarding traffic is absolutely right. But still, traffic may be "One" of factors to be considered. Sometimes, names by itself never attract any traffic but it's the "Brand Building" which generates traffic. Look at Yahoo.com or Google.com or eBay.com ???? How commonly we see these names out of cyber world?? In these cases actually it was brand building not the "originality" or "popularity" of names.
3) Your argument that may be after some years or after a reasonable period, Loans.com would of no worth to anybody but Bank of America???? Think again... your conclusion should be otherway round. Please note we are talking about "Generic" names not Trade Marks or Branded service marks.... In my opinion, suppose after certain period everybody comes to know that Loans.com is owned by BOA and suppose, somehow, BOA loses that domain to some other registrant.... think what would happen??? My dear may be at that time, BOA would be ready to pay double or even more than the price earlier paid. It's not my perception or "Andaza".. It had already happened at so many occasions. I read quite a time ago that Microsoft had mistakenly lost domain "Passport.com" which it uses for "Hotmail" service. Resultantly, all email handling servers were down because domain name was not there to reach those servers. So, it was bought back by Microsoft for an undisclosed amount....
Now please let me know what do you think....??
Edited by - TheOne on May 20 2003 030404 AM
