On Friday, September 26, 2003, at 01:37 AM, Cameron Gregory wrote:
Swerve wrote:
Under the settlement, Network Solutions is prohibited from falsely stating that a domain is about to expire, or that a domain name transfer is a renewal.
Wow .. netsol must be laughing .. they have been required to follow the law like everybody else...
(well "everybody" might also be stretching the truth)
sigh... but wait .. there is some justice:
Security software provider VeriSign in 2000 acquired Network Solutions <http://news.com.com/2100-1023-237656.html?tag=nl> in a deal then valued at $21 billion. The company today has a market capitalization of $3.3 billion.
Not right now. They're on a ski slope. Try 3.1 billion...
http://finance.yahoo.com/q/bc?s=VRSN&t=5d
And the CEO Sclavos will soon be at a 98% disapproval rating at Forbes (let's get him there before the end of the month)...
http://www.forbes.com/2003/05/01/cx_ceointernetpoll.html
He's the first person, ever, to do worse than Microsoft's Steve Balmer's 93% disapproval.
They've lost $1 a day of their stock price in the last 3 days. And when you started at $16, a $1 a day is rather alarming.
