Will Popular Domain Name Be Worth A Million Or A Bust?

fine.com, A Popular High Level, Four Letter With Global Appeal Domain Name For Sale To Test Market Pricing

Will Popular Domain Name Be Worth A Million Or A Bust?

fine.com, A Popular High Level, Four Letter With Global Appeal Domain Name For Sale To Test Market Pricing

Seattle, WA (PRWEB) July 31, 2003 - After years of receiving unsolicited email inquiries about selling its domain name, the Fine family has decided it will sell the domain name, www.fine.com on ebay. Now it needs to find a buyer! The word, fine" is very popular, not only in the USA, but in Japan and Korea.

Among Internet site domain names, fine.com ranks extraordinarily high in terms of a short, easy-to-remember, and positive brand meaning. There has been interest from around the globe. The word fine works for; Fine Art Galleries, Fine Dining, Fine Foods, Fine Dry Cleaning, Fine Chemicals. The family believes fine.com, will continue to build value.

Dan Fine got the idea to sell the domain name when trying to think of a name for his new company and tried searching for a domain name to match. Virtually any decent domain names are taken. When launching a company, you end up with some ridiculous sounding name," he said.

What is the fine.com domain worth? Back during the bubble, Internet domains sold for extraordinary amounts. To date, the name Business.com" which sold for $7.5 million holds the record as the highest price paid for a domain name in the finance/business industry. WallStreet.com" sold for more than $1 million. HitDomains.com also sold Autos.com" for $2.2 million. Bank of America paid $3 million for Loans.com." These kinds of domain names will instantly make that company recognizable worldwide. Domain names have become the 'virtual real estate, of the 21st century.

Today, the market for domain names is quite different and pricing for a name like fine.com has not been tested. The name fine.com" was registered and used to launch the first company to be named a dot com" in February, 1994. fine.com Corporation was a Web site developer that saw itself grow to six offices in three countries. The company went public (FDOT) in September 1997, the same night as Amazon.com. It later sold to Aris Corporation in September 1999.

If the fine.com" domain name auction doesnt meet the minimum amount, the Fine family will pull the name and keep it for personal use. The ebay auction starts July 31, 2003 and ends seven days later on August 8, 2003. The format of the auction is private, so names of bidders and buyer will not be revealed either during or after the process. No reserve price will be set.

For Additional Information Contact: Dan Fine at dan@fine.com or 206-227-8894 for more information. The auction can be found on ebay.

About eBay
eBay is the worlds online marketplace. Founded in 1995, eBay created a powerful platform for the sale of goods and services by a passionate community of individuals and businesses. On any given day, there are millions of items across thousands of categories for sale on eBay, as well as on Half.com, eBays site dedicated to fixed price trading. eBay enables trade on a local, national and international basis with customized sites in markets around the world.