At 10:32 AM 5/3/2002 -0700, you wrote:
Regarding the value of a name, there most certainly is a high value on
certain domain names. When you spend the resources on marketing a web
site/domain name for several months and spend development dollars
building applications and services that correspond to the web site, you
have converted a mere "arbitrary string of characters" to a valuable
asset.

Yes, but it's the marketing and establishment of business around it that 
does so, not the "quality" of the name.

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