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[registrars] The world sees the NSI/Doc/ICANN proposed contract
Sorry, Attachment omitted:
To: KM who wrote
Wednesday, Sep 29 1999 4:57PM ET
Reply # of 1306
This is only the beginning. NSOL is a mortgage breaker if held for
the next 4-5 years. As a result of this agreement with the US Federal
Government, NSOL has clear sailing to conduct its business and strengthen
its position as the 500 pound gorilla in this space.
More importantly, anybody wishing to conduct business on the web will
have to put some of their money into NSOL pockets. Whether it is $6/year
coming from domains registered with competitors, or $35/year coming from
domains registered with NSOL, it is going into their pockets.
As such, this has to be a buy, hold and accumulate for many years to
come. Turmoil will be a fact of life in Internet stocks but it is better
to hold than to be like one of many investors who sold their AOL, AMZN or
YHOO back in 1997.
Hold until 2004 and then use your profits to pay your mortgage.