Domain Names Predicted to be Outstanding Investment Opportunities

Jun 02, 2005, 01:00 ET from Law Offices of Stephen H. Sturgeon & Associates, P.C.

    WASHINGTON, June 2 /PRNewswire/ -- Domain name owners from around the
 world gathered for a conference last week in Las Vegas to discuss strategies
 for developing domain names into profitable sources of revenue and valuable
 assets.  Speakers said that they are now seeing a solid, mature increase in
 the value of domain names after the period of over-speculation that the dot-
 com industry experienced a few years ago.
     The three-day TRAFFIC Conference featured presentations by venture
 capitalists, entrepreneurs, lawyers and Internet marketing experts who
 discussed numerous techniques for developing domain names into profitable
 websites and successful business ventures.  The 230 participants also had an
 opportunity to discuss their portfolios and their domain names for sale.
     According to one of the speakers, Stephen H. Sturgeon, a Washington, D.C.
 attorney, "Increasing numbers of investors are finding that domain names can
 be an excellent investment opportunity.  Limited liability companies are being
 established to permit investors to joint-venture with domain owners and
 industry experts to increase the profitability of good domains and their
 websites.  As the domains are developed, the revenue stream can be increased
 dramatically -- resulting in substantial increases in the asset value of the
 domain name.  One extraordinary example that was discussed during the
 conference was the reported sale of MEN.COM for $1.3 million after it had been
 purchased for $15,000 four years earlier.  Some other recent sales have
 reportedly been LOCAL.COM for $700,000, GOSPELMUSIC.COM for $150,000 and
 PETSUPPLIES.COM for $75,000."

SOURCE Law Offices of Stephen H. Sturgeon & Associates, P.C.