Readings for February 3rd, 2008


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Domain Name Wire: $6M Offer for Cricket.com, Rejected

Domain name company Communicate.com (OTCBB: CMNN.ob) rejected a $6M offer for the domain name Cricket.com, according to an article in Kiplinger magazine.

The article by columnist Andrew Feinberg picks Communicate.com as a "smart speculation"? but also uncovers more details about the growing company. The article is likely the reason Communicate.com's stock price soared 38% last week to close at $2.70 per share. With microcap stocks, a little bit of buying activity can move stocks quickly.

Source: Domain Name Wire

Domaining 101 - Outsourcing domain management

I'm a part owner of ParkLogic and we provide an outsourcing service for many domainers but please explore the other options available. While ParkLogic specialize in optimization and increasing the revenue of a domain companies such as dnZoom solve the problem of managing registrars and aggregating information.
Source: Michael Gilmour

DOMAINfest Global 2008 Delivers Dazzling Conference Encore in Hollywood, California

berkens-couple1.gif Above: My good friends Michael And Judy Berkens. I'm on the left chatting with Snapnames CEO Sudhir Bhagwan.
The organizers of the DOMAINfest Global Conference 2008 in Hollywood, California, Oversee.net, did just about everything right during their three-day run at the Renaissance Hotel January 21-23. Well, everything except keeping away the highly unusual (for Southern California) cold rainy weather that prevailed throughout the week. The area was in dire need of the moisture though and inside the Renaissance, the DOMAINfest crew kept attendees in a sunny mood with a well-thought out agenda, comfortable quarters, good food and drink and great people everywhere you turned.
Source: DNJournal

How to Lose $7.2 Billion: A Trader's Tale

In the early afternoon of Saturday, Jan. 19, Jérôme Kerviel was on a weekend break by the sea when he got a call on his mobile phone from his boss at Société Générale. [Jerome Kerviel]

"We need some explanations," said a manager of Delta One, a lowly trading unit that handled humdrum, low-risk trades, according to people familiar with the conversation.

Mr. Kerviel, who was in Deauville, a fashionable seaside resort famed for its horse races and palatial casino, was told to get back to the office in Paris. He caught a train for a three-hour journey to ociété Générale's headquarters.

Today, two weeks after Mr. Kerviel's beach break was cut short, a picture is starting to come together of the junior trader who, undetected, caused the largest single trading hit in banking history. reviously unreleased details of the transaction that first brought him down, along with interviews with bank executives, prosecutors and Mr. Kerviel's own lawyers, reveal a man who knew the risks but thought he could beat them -- and whose undoing has exposed the frictions within one of France's proudest and most elite banks.

Source: WSJ