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.
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