05-11-2003, 10:03 AM
Wow..... I can't hold my breath...!!
Business.com was sold for US$ 7,500,000/- , Loans.com was "grabbed" for US$ 3,000,000/- and registrant of America.com was demanding US$ 30,000,000/- for it....but why? How?? Can my respected Good Oldies give any criteria for valuation of this sort of "Intangible Asset"????? Is there any Accounting Standard for "Domain Names" Valuation????? If yes, then surely I can also be a millionnair (at least) in books... and if there's no such Standard... then who should define One for ICAP or IFAC?. It's totally strange field for Accountants. I'll wait for response.
Edited by - TheOne on May 12 2003 012121 AM
Business.com was sold for US$ 7,500,000/- , Loans.com was "grabbed" for US$ 3,000,000/- and registrant of America.com was demanding US$ 30,000,000/- for it....but why? How?? Can my respected Good Oldies give any criteria for valuation of this sort of "Intangible Asset"????? Is there any Accounting Standard for "Domain Names" Valuation????? If yes, then surely I can also be a millionnair (at least) in books... and if there's no such Standard... then who should define One for ICAP or IFAC?. It's totally strange field for Accountants. I'll wait for response.
Edited by - TheOne on May 12 2003 012121 AM
