ALL 3-Letter .Biz Gone: Elequa Registers Over 4,600 Domains in One Day!

Duke · Feb 25, 2004

On Monday the last available 3-letter .info was registered by Elequa. Today he turned his attention to 3-letter .biz and took over 4,600 of them in one day to wipe out that category! There is more in an item we just posted in the Lowdown at Domain Name Journal:

The Lowdown at DNJournal.com

We will follow up with a front page article tomorrow afternoon with quotes from Elequa and an executive from .biz registrar Neulevel. Then on March 1 we will expand our coverage of these landmark events with a new Cover Story on .info and .biz with state of the extension comments from registry officials, plus more from Elequa and other key new extension investors and developers.

NameTower · Feb 25, 2004

he just don't stop

Duke · Feb 25, 2004

NameTower said:
he just don't stop

I know we are going to wake up to the news one day that Elequa has registered every single domain in every single extension! Just think, no more talk about WLS!

JMJ · Feb 25, 2004

Great! Smart move if you ask me.

Duke · Feb 25, 2004

JoltHost said:
Great! Smart move if you ask me.

Though many people may not think so now, I think it will also prove to be a good move. Look at some simple math. Here we are in the very earliest days of .biz - the prehistoric era really. I personally have already sold a 3-letter .biz for $1000. So let's say after two more years of development, only 1% of his 4600 .biz threes would sell for $1000 (which I think would be very conservative). That would be $46,000, almost doubling his total investment in just 24 months Try getting a 50% annual return at your local bank (this is just for illustration since he doesn't sell his domains). Of course the real masterstroke is that he creates his own market by eliminating supply from the supply and demand equation. Even the relatively low demand today will put some upward pressure on prices. That move probably doubled the value of his holdings as soon as he registered the last domain.

Cash Is King · Feb 26, 2004

Pre wls movement from the big boys. Its better to be agressive than not. I do not hear buydomains.com making any headway like this. They cannot even beat elequa at pool.com. hehe... Go Elequa!