Comments on: VeriSign Sends You An Early Christmas Present: .Com and .Net Fees To Increase 7%

By: George Kirikos

George Kirikos — Fri, 18 Dec 2009 18:55:49 +0000

Folks should remember that the tariff for toll-free numbers (see SMS800.com, Documents, Tariff, page 80 of the PDF) is 10.49 CENTS per month, and has been going DOWN, not UP (it used to be 13.13 cents/month). And DNS/internet technology should be far cheaper than telephony, not 500%+ more expensive. Domain registrants/consumers worldwide are being gouged, by literally hundreds of millions of dollar per year.

The fact that people individually might appear to be able to “afford” to be gouged doesn’t matter. LCD makers and others have been found guilty and fined routinely for anti-competitive behaviour. Consumers still bought the TVs or notebooks that incorporated those LCDs, or other products — however they overpaid for them relative to a competitive market.

As other posters have rightly suggested, higher costs are simply a tax, and that transfer of wealth benefits only VeriSign shareholders.

By: Domain Investor

Domain Investor — Fri, 18 Dec 2009 17:44:51 +0000

Tommy,
I don’t know where you are but the employment climate in the U.S. is tough.

A friend of mine took a 20% cut in salary this year so everyone else could continue to work. (everyone took the cut.)
He figures he would rather get 80% instead of an unemployment check and a slim chance of finding a job immediately. Plus, he didn’t want to move his whole family if he finds a job somewhere else.

Maybe, the Verisign employees in Wash.,DC and Calif. should be happy with just having a job?

The registrars are not making much on yearly renewals but it is cumulative.
They are making ALL of MONEY on selling your domains.
When Netsol, Enom, Tucows, Fab, Moniker, Directi, Namescout, Godaddy sells your domain, ROI is off the chart. Basically, their only cost is 1 yr. renewal (at their cost), cost of running the auction and credit card fees.

Also, if you think when the big boys drop their good domains you will end up with them, you are wishful thinking.

By: BullS

BullS — Fri, 18 Dec 2009 17:34:26 +0000

There will be county tax,local tax, city tax,state tax, and federal tax , transaction tax, etc etc and all adds up to be $50 per domain.

By: Tommy

Tommy — Fri, 18 Dec 2009 16:58:46 +0000

Do you think the employees of Verisign get annul pay increases? Maybe, say 5% or do you think their annual operating costs might increase? I can go on….. If they are making so much undeserved profits then buy their stock (you can hedge anything today).

Domain Investor -

Who owns 200,000 pieces of waterfront property?

“Eminent domain”, good one….you might control where your domains point but you surely don’t own the names. How much does your registrar and DNS servers cost you?

By: Domain Investor

Domain Investor — Fri, 18 Dec 2009 16:24:51 +0000

Quote-
“I hope prices double or triple to flush out some domains from the big portfolios.”

I hope they triple the taxes on waterfront property so I can own it.

I assume you are also in favor of “eminent domain” so they can take the house away from a little old lady and build a condo or casino on the property.

By: MHB

MHB — Fri, 18 Dec 2009 16:05:14 +0000

Tommy

That is not the issue.

The issue is that there were other companies that wanted to perform this service for less cost for the consumer and they never got a chance to bid.

They are basically a regulated utility and need to be governed as such

By: howard Neu

howard Neu — Fri, 18 Dec 2009 15:49:23 +0000

Anybody know what the present status of the CFIT case is? Has anything been set now that it is back in Federal District Court after Verisign lost CFIT’s appeal?

By: Tommy

Tommy — Fri, 18 Dec 2009 15:47:59 +0000

I love when people talk about how much there names are worth and how they are like real estate, but complain about a $7 to $10 per year maintenance charge. Does anyone pay $7 to $10 a year in property tax for a piece of real estate?

I hope prices double or triple to flush out some domains from the big portfolios.

One person’s problem just might be another person’s opportunity.

By: everything.tv

everything.tv — Fri, 18 Dec 2009 03:00:13 +0000

Michael you make the greatest point, Why the difference between the .com and .net ? There is no way it can be 50 % greater in any logical way. I guess Verisign will say why did we raise prices ? Why does a dog lick his balls ? Because he can.

By: Steve M

Steve M — Fri, 18 Dec 2009 01:34:34 +0000

Verisign: Intel of the Internet.