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Even in uncertain financial times Moniker has in the last few minutes just completed a live auction with 101 names selling ro $2,966,000

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MSM takes a look at the domain for sale .biz In an article titled How to profit from domain names the London Times looks at a couple examples of quick domain flips for profit.

“Two years ago Mark Richards noticed that no one had registered the .com and .co.uk addresses for “latelicence” and “latelicense”. He bought the domains for £20 and sold all four as a package one month later for £6,000.

“And Peter Savage whose best return was http://www.fastpizzapizza.com. He registered the address for $20 after watching the success of Pizza.com, which sold in April for a record $2.6 million. A month later he sold his address on Sedo.co.uk, the website marketplace, for $5,600, earning him £3,122.

ICANN has written back to Afilias confirming it does not see any signifcant competition or security and stability issues with Afilias’ request for a Phased Equitable Reallocation of Non-Compliant .INFO sunrise Domain Names and has requested Afilias submit a proposal for Public Comment. The Proposal and the Public submission will then be submitted to the Board for consideration.

ICANN letter to Afilias
Re: Proposal #2008008, Phased Equitable Rellocation of Non-Compliant .INFO Sunrise Domain Names (.pdf)