The past week in the domain aftermarket was the slowest we've seen this year. At first glance one might quickly conclude that the reason for that was the shocking meltdown in the general economy that led the U.S. Congress to pass a $700 billion bailout package for Wall Street. However at the same time that was going on, domain buyers at the T.R.A.F.F.I.C. conference in New York were spending almost $4 million in live auctions and nearly $1 million more in a Moniker online auction associated with the show. That is a lot of money to suck out of the market in one week so it wouldn't be surprising if a lot of those buyers entered this week tapped out.
Wed Oct 08, 2008 8:52 am
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Re: Weak Week in the Aftermarket - The Question is Why?
Thanks for posting news
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