On the pricing front, several hosting companies are running domain promotions priced below Yahoo’s, including Aplus.net, which has a “limited time offer” of $3.95 for a one-year .com domain. Meanwhile, Netfirms is apparently preparing to end the $4.95 a year pricing it announced in February, as the price is now accompanies by a “hurry, offer ends soon” warning.
The domain name resale market continued to produce big-ticket sales, as South American investor Chris Chena spent a reported $550,000 to buy eight domains, including cheapgas.com ($150,000), Paraguay.com ($150,000) and a series of one-word Spanish-language domains. Chena’s puchases accounted for eight of the top 10 domain sales last week, according to Domain Name Journal.