Is it Al Gore or maybe Bill Gates?
Published:
13 August 1999 y., Friday
Drugs.com, the latest high-profile Internet domain name to be put up for sale, has been auctioned off for $823,456 to a soon-to-be-identified ``pioneer' of the World Wide Web, auction broker GreatDomains.com announced Monday. GreatDomains, in a move that appears calculated to stir up further interest following last week_s auction, said it will unveil the name of the buyer Friday at a news conference in San Francisco. GreatDomains said the buyer, who is traveling internationally until Friday, also will appear at the event and unveil his plans for using drugs.com. The name currently exists only as a site address owned by 22-year-old Internet entrepreneur Eric MacIver of Phoenix. MacIver, operator of five-employee Web site designer Sandline Productions, bought the name in May with the goal of opening an online pharmacy. But then he decided to put the name up for sale with a $260,000 asking price. MacIver said Monday that he will use the auction proceeds to triple the size of Sandline over the next three months and open a Web-based bed-and-bath store in the next six months. MacIver and several analysts had predicted the bid for drugs.com which receives more than 4,000 hits per day even though no site actually exists could top $1 million because of the potential for selling prescription and over-the-counter drugs on the Internet. Upstarts such as drugstore.com and PlanetRX.com already have started trying to snag Web-savvy customers seeking discounts and convenience. Additionally, the notion of a million-dollar sale for a Web site is not far-fetched since a similar name with high a recognition factor wallstreet.com sold in May to an online casino for $1.03 million.
Šaltinis:
Daily News
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
On 11 February, heads of state or government of European Union member states will meet in Brussels to seek a commitment towards implementing a revitalised economic strategy to boost employment and growth in the EU.
more »
International Monetary Fund forecasts that Lithuania’s economy will grow 1.6 % this year, making it “the only one of the three Baltic economies expected to be in the positive territory in 2010”.
more »
Raynair announced it would open its 40th and 1st Central European base at Kaunas, Lithuania’s second largest city, in May with 2 based aircraft and 18 routes.
more »
A new Partnership Strategy for Morocco has been approved by the Board of Executive Directors of the World Bank.
more »
The electric car is an opportunity for European industry.
more »
The EBRD’s Board of Directors has adopted a new strategy for Kazakhstan, which reinforces the Bank’s commitment to further support the Kazakh economy and sets out the priorities for its activities in the country over the next three years.
more »
The European Commission has authorised, under EU state aid rules, plans notified by Sweden to provide a guarantee that would enable Saab Automobile AB to access a loan from the European Investment Bank (EIB).
more »
At the informal meeting of the Ministers of Competitiveness (Science and Industry), to be held between 7 and 9 February in San Sebastian, the issues on the table will include placing science at the top of the EU agenda and showcasing its role in economic recovery, as well taking the debate on the electric vehicle to EU level.
more »
The Executive Board of the International Monetary Fund (IMF) today approved a 27-month Stand-By Arrangement with Jamaica in the amount of SDR 820.5 million (about US$1.27 billion) to support the country’s economic reforms and help it cope with the consequences of the global downturn.
more »
Mr. Nadeem Ilahi, chief of an International Monetary Fund (IMF) staff mission to the Kyrgyz Republic, issued the following statement today in Bishkek.
more »