wallstreet dot com expects $10m

Another..if only I thought of that..

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At an auction of internet domain names on Friday, "Wallstreet.com" is expected to fetch at least $10m.

"Porn.com" sold for $9.5m (£4.8m) earlier this year.

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The current owners of the domain bought it from an online gambling company which found itself unable to trade in its main, US, market after the passage of the Unlawful Internet Gambling Enforcement Act in autumn 2006.

The cost of the entire business last winter was $1(50p).

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At the other end of the scale, lackofimagination.net was still available on Friday for $5.99 (£2.95).

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http://www.msnbc.msn.com/id/21263488/

I remember going to wallstreet . com for stock info.. and every single time would be taken aback by the casino portal. Interesting that they sold for so much.

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At the other end of the scale, lackofimagination.net was still available on Friday for $5.99 (£2.95).

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very funny Mojo.. lol

I can understand why porn.com sold for so much but think that $10M must be a little optimistic for Wallstreet.com isn't it?

Sounds about right. Computer.com just sold for 2.2 million. The domain name market is hot right now. These are the sales this week:

computer.com $2,200,000
investment.com $900,000
sportinggoods.com $450,000
cowboys.com $275,000
cateringservice.com $270,000
table.com $260,000
crosswordpuzzles.com $210,000
criminallawyers.com $195,000
promotion.com $170,000
poker.mobi $150,000
ringtones.mobi $145,000
caribbeanvacations.com $130,000
newlyweds.com $130,000
singlesonline.com $125,000
news.mobi $110,000
manufacture.com $90,000
europeanvacations.com $85,000
moneylenders.com $75,000

If you've been following the domain business for the past year you'll realize the above sales are not abnormal. The people making the real money online are not affiliates, they are domain name brokerage firms.