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    Highlights of the ICANNWatch Archive
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    New.net Name Expirations | Log in/Create an Account | Top | 23 comments | Search Discussion
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    Re: Serious Scam!
    by fnord (groy2kNO@SPAMyahoo.com) on Wednesday May 01 2002, @03:39PM (#6115)
    User #2810 Info
    Which is awesome, if all you want is people who are disoriented wandering through your site. A beer store closed down the street, so you take it over to sell diapers. Customers who are lost buy them anyway, just because they're there, right? Tell me another one. And you can switch diapers and beer and get the same result.

    Or wait, you've taken over a former beer (or diapers) site and are continuing to serve those looking for that actual item. That should work. Except that it didn't work for the last person who registered it for that reason, and they registered it thinking they knew what they were doing, not because they were a speculator. But you'll do better, right? Tell me another one.

    Or the address did work for the previous owner, and you and Veri$ign are about to be sued because it was dropped in error. Veri$ign will intimidate them or cut them a deal. And then what will you do for your less than $10 investment. Hire a lawyer?

    But wait, you have it figured, you'll be like Ultimate Domains and just redirect traffic for a potential affiliate fee. So Veri$ign, your affiliate, and you get sued. You're still on your own, and you're still out the money, and perhaps more. The affiliate, when notified of this transgression, won't even send you whatever pittance you've already earned, they won't deal with you again, and they've coughed up your payment details to the lawyers even if you were otherwise trying to be hard to find.

    Sorry, this doesn't wash. It is the same sort of anon hype that launched the original speculator frenzy (buy a dotcom name and make millions!) and, if you weren't paying attention, that didn't work for anyone other than the hypesters. Now that even the sucker born every cyberminute doesn't fall for that anymore, we go on to Plan B to keep the money rolling in to Veri$ign (and now SnapNames). This time the risks are far greater to the new registrant and the potential profits are far less than the starry eyed $Millions, but hey, let's all get on the gravy train. Invest $10 x number of sites (and later change that $10 to $40 to pay for Veri$ign's WLS), and you might make $Hundreds, right? Tell me another one. Excuse me, Mr. Conductor, how come the rails of this gravy train lead to that greased mine shaft? -g

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