Circuit City, Linens ‘n Things, and a Domain Name Industry -
Will we see domain name companies go bust in 2009?
It’s capitalism at its best. Circuit City is being liquidated after failing to find a buyer. Linens ‘n Things is finishing up the liquidation process (I wonder when they’ll sell the LNT.com domain?).
And that’s how it’s supposed to be. Weak companies fail, strong ones thrive. Thank goodness the government didn’t step in to bailout Circuit City. Best Buy (NYSE: BBY) offers a superior shopping experience. ... read more ...
Tag Archives: banks.com
Mon 19th January 2009
Thu 17th July 2008
Domain Name Stocks Pummeled in 2008 -
Stocks of domain name companies take beating with the market — and beyond.
It’s been a rough year for stock markets, and domain name companies’ stocks are having a tough run as well. The good news is that two “pure play” domain companies’ stocks are performing much better than the market overall. Here’s a quick run down of domain related stocks and how they are doing year-to-date as of yesterday’s close. For comparison, the SP 500 is down 15% this ... read more ...