
08-07-2007, 10:40 AM
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Senior Member
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Join Date: Jun 2007
Posts: 2,350
Rep Power: 21
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Pharmacy.com is for sale!
Another top generic domain name is for sale: Pharmacy.com
This is the first time this domain name is for sale since 1994
Quote:
“Based on modeling, we’re putting it way over $50 million,” said Joshua Bourne, co-founder of FairWinds Partners, an Internet consultancy that is brokering the sale.
Dictionary.com was recently purchased for $100 million and Business.com fetched about $350 million, but those domains were already supporting multimillion-dollar businesses. Dictionary.com serves up banner and text ads and offers reference services, while Business.com also delivers ads and provides basic yellow page services.
By contrast, Pharmacy.com’s owner, Orlando, Florida-based medical equipment seller Rotech, is hoping to bring in tens of millions of dollars for a mere eight letters. The Website itself serves up little more than an enticing promotion pointing out that consumers last year made 100 million purchases through online pharmacies, which are expected to generate $12 billion in revenue this year.
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full article here
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