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Old 20th July 2008, 02:47 AM
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法律.com ("LAW" in Chinese) sold US$9,638.00 ?!

Have you heard that - 法律.com ("LAW" in Chinese) sold US$9,638.00 at snapnames.com?!


source - IDNClub.com
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Old 20th July 2008, 02:42 PM
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Re: 法律.com ("LAW" in Chinese) sold US$9,638.00 ?!

Quote:
Originally Posted by IDNer
Have you heard that - 法律.com ("LAW" in Chinese) sold US$9,638.00 at snapnames.com?!
source - IDNClub.com
Hi Allen,
What do they say about this purchase at IDNClub?
A good buy?
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Old 20th July 2008, 04:14 PM
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Re: 法律.com ("LAW" in Chinese) sold US$9,638.00 ?!

Quote:
Originally Posted by bwhhisc
Hi Allen,
What do they say about this purchase at IDNClub?
A good buy?

Most domainer says it's worth to have it!
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Old 20th July 2008, 05:28 PM
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Re: 法律.com ("LAW" in Chinese) sold US$9,638.00 ?!

Quote:
Originally Posted by IDNer
Most domainer says it's worth to have it!
I noticed a couple of people called the purchase a "steal" at another forum so I think they got a great name.
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Old 20th July 2008, 05:40 PM
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Re: 法律.com ("LAW" in Chinese) sold US$9,638.00 ?!

This was ridiculously cheap.

Many have said this was good for domainers. I think it made us look stupid.

This should have gone for 10x that amount right now.
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Old 20th July 2008, 11:31 PM
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Re: 法律.com ("LAW" in Chinese) sold US$9,638.00 ?!

I agree with David, that the name is cheap at 10,000 est.

There are certainly firms in HK or PRC that would or will soon pay 10x in the next
6 months with the right phone calls....

but I think that some IDN owners in China itself are looking for liquidity.
they want to cover their re-reg's........

I can't think of a reason to sell it at this low a level other than that.



In many ways, great names (one word but two characters ) are not often on the market in forums, let alone auctions .....

Not knowing the sale's details, I imagine the buyer may have a private flip in mind.

Does it make IDN'ers look stupid..... I don't know......
I would have hoped for 30,000+ on snapnames......

I also am hoping for an Asian IDN to finally make a showing at a Moniker/ Traffic or Domainfest auction.....

but the old guard of ASCII is going to keep fighting the old PPC fight as Google squeezes the domain parking business to 1/10th of its former liquidity in the next 36 months, and grab this stream to boost rev's for the analyst community to harp the stock back from 500 to 700+ etc......

I would like to see 5 star names sell for xxx,xxxx soon of course.
It is disappointing for this just below the xx,xxx level.

I think the market confusion in China itself about dot Com IDN's vs dot CN IDN's
relative values and fear of CNNIC tampering/ theft/ corruption whatever...will continue.

David's many comments on the strength of IDN dot com's have convinced me, and I have 90% invested based on market data, and long time IDNer comments etc....

I think we need to endure that marketers and speculators in China itself need to find out what we know to be very evident about dot com the brand is a trillion dollar brand as a TLD.

Until the CNNIC alias action happens, my attention is that Russian and German one word names may consistently break the XXX,XXX level routinely first.
do I have names in that arena.?
no...

so it is envy and hope combined.....

thanks.


Steve
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Old 21st July 2008, 02:05 AM
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Re: 法律.com ("LAW" in Chinese) sold US$9,638.00 ?!

Quote:
Originally Posted by sbe18
I agree with David, that the name is cheap at 10,000 est.

Definitely a cheap buy, the name is dual language, so it is effectively paying $4500 for one language!

Far better than buying 200 medicore chinese flips for $100 each and pay for 5 years renewals, and no guarantee they will be worth $9000 in 5 year's time, unlike 法律.com, you can be sure a chinese or japanese lawyer can pay the $9000 anytime.

Last edited by touchring; 21st July 2008 at 02:10 AM..
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Old 21st July 2008, 11:11 AM
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Re: 法律.com ("LAW" in Chinese) sold US$9,638.00 ?!

Quote:
Originally Posted by sbe18
I think that some IDN owners in China itself are looking for liquidity.
they want to cover their re-reg's........

I can't think of a reason to sell it at this low a level other than that.
So this was a sale, not an expired name? If it was an expired name, I'd imagine the owner would be kicking themselves.
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Old 21st July 2008, 11:23 AM
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Re: 法律.com ("LAW" in Chinese) sold US$9,638.00 ?!

Quote:
So this was a sale, not an expired name? If it was an expired name, I'd imagine the owner would be kicking themselves.
Was an expired domain as far as i know. Had around 10 people in on the start of the auction. About 4-5 active bidders in the auction.
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Old 21st July 2008, 03:10 PM
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Re: 法律.com ("LAW" in Chinese) sold US$9,638.00 ?!

Quote:
Originally Posted by mgrohan
Was an expired domain as far as i know. Had around 10 people in on the start of the auction. About 4-5 active bidders in the auction.
Then the former owner would definitely be kicking themselves. $10,000 lost.
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Old 21st July 2008, 03:53 PM
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Re: 法律.com ("LAW" in Chinese) sold US$9,638.00 ?!

Not the first time, won't be the last.
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Old 21st July 2008, 07:20 PM
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Re: 法律.com ("LAW" in Chinese) sold US$9,638.00 ?!

Quote:
Originally Posted by Drewbert
Not the first time, won't be the last.
Does anyone know who owned it? Maybe they've forgotten to renew some other gems.
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Old 23rd July 2008, 02:08 PM
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Re: 法律.com ("LAW" in Chinese) sold US$9,638.00 ?!

It's on DNjournal now -

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Old 23rd July 2008, 03:13 PM
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法律.com , good name & good price !
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