VeriSign, Domain Names, Dot Coms

Forget the new gTLDs (and the coming morass of confusion, litigation, trademark issues, etc., incited by ICANN) -- "dot Com" is and will continue to be the "gold" of the domain business --

VeriSign 2nd-Quarter Profit Up 23% on Higher Revenue - WSJ.com: "VeriSign Inc.'s (VRSN) second-quarter profit jumped 23% as the Internet-domain-name company reported a double-digit increase in revenue and higher operating margins, lifting results above Wall Street's expectations. The company has posted double-digit revenue gains and higher income for nine consecutive quarters. VeriSign has spent the past few years shedding several Internet-related businesses, making it almost totally dependent on the mainstay Internet domain operation. VeriSign's domain-name business--which operates the registry for .com, .net and other domains--is based on a contract from the Internet Corporation for Assigned Names and Numbers, overseen by the U.S. Commerce Department. . . ."

more news below

Follow @vcexp