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    Highlights of the ICANNWatch Archive
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    This discussion has been archived. No new comments can be posted.
    Could Verisign's Registrar Acquisitions Help Industry & Hurt Verisign? | Log in/Create an Account | Top | 7 comments | Search Discussion
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    What is Euro909?
    by lextext on Thursday June 21 2001, @08:31AM (#929)
    User #6 Info | http://www.lextext.com
    By the way, what is Euro909? As near as I can tell, neither it nor its domain name registration subsidiary (NetName-Solutions) was an ICANN-accredited registrar. Which suggests that it was reselling under someone else's license, Core, OpenSRS or perhaps even NSI. The press release describing the tight historic relationship with Verisign makes me think it might simply have been a reseller for NSI, which wouldn't change the numbers on NSI's market share. Any ideas about what Euro909 actually is?

    -- Bret

    [ Reply to This | Parent ]
    Re: Could Verisign's Registrar Acquisitions Help I
    by hofjes on Thursday June 21 2001, @08:50AM (#930)
    User #60 Info
    Verisign's value is based on a lot more than just its registrar services. Its registry contract, incredible cash holdings, and other businesses add substantially to its valuation.

    The sale price for Registrars should not be misconstrued as its value. The owners sold because Verisign offered a huge amount of money (though the amount may be much less than the actual value). The american dream is to build a business, sell out, and retire. Registrars accomplished this.
    [ Reply to This | Parent ]
    by lextext on Thursday June 21 2001, @10:47AM (#933)
    User #6 Info | http://www.lextext.com
    Where do you get the $34.7 per domain name registrant figure? -- Bret
    [ Reply to This | Parent ]
    Re: Could Verisign's Registrar Acquisitions Help I
    by larry on Sunday June 24 2001, @06:02AM (#953)
    User #2751 Info
    I don't agree that the press release indicates that they paid 9 million. This is what the press release says:

    "Under the terms of the transaction, VeriSign, Inc. agrees to pay Network Commerce all cash
    for Registrars.com. As of June 18, 2001, the Company's cash position was approximately
    $9.0 million or approximately $1.67 per share."

    You are trying to infer a price paid for registrars.com from the cash position of the parent company or the value of the stock of the entire company. The value of a part of a company could easily be more than the entire company when various liabilities are taken into account.

    If they wanted to disclose what was paid for registrars.com they would have stated what they paid for the company.
    [ Reply to This | Parent ]
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