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Article #1673

Re: INTERNET BEGINS FEE-BASED REGISTRATION

#1673
From: William Gianopoulos {84718}
Date: Wed, 13 Sep 1995 00:00
45 lines
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rpwhite@best.com (rpwhite) writes:

>(Interesting piece of email showed up in my box this morning. It is
>appended in it's entirety below. I know it was misaddressed but I had 
>________________________________________________________________________
>7.	DRAFT NEWS RELEASE

>FOR RELEASE 6 A.M. EDT, MONDAY, SEPTEMBER 18, 1995
>Contact:	Dave Graves, Business Manager
>		Network Solutions
>		703-742-4884

>INTERNET BEGINS FEE-BASED REGISTRATION	
>which currently total more than 100,000 domain names.  A five-week backlog has

OK there are 100,000 current domains at $50 per year = $5 million.

>	New commercial, network and not-for-profit registrants will pay a $100 
>fee to register a name for two years; thereafter, they will pay $50 annually. 

>$5.5 million from federal taxes.  Eventually, the registration process will

NSI currently gets $5.5 million annually for this process (evidently
a figure aggreed to in the competitive bidding process).

>spokesman Dave Graves.  "It's estimated that by the end of this year, the
>figure will have topped 20,000 per month.  The volume has created a five-week

OK 20,000 new ones a month = $2 million a month or $24 million a year.

>and their disposition for related activities accounted for.  Seventy percent of
>the fees received will be retained by Network Solutions as consideration for
>its services and will be audited by the NSF.  The remaining 30 percent will be

NSI keeps 70% of this $29 million per year or $20.3 million per year.

Seems like we end up paying these people 3.7 times more to do the
same thing.  This obviously means that it should go out for a new
competitive bid.

-- 
William A. Gianopoulos; Raytheon Electronic Systems
wag@swl.msd.ray.com
--------------------------------------------------------
This is my personal opinion and not that of my employer.
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From: wag@swl.msd.ray.com (William Gianopoulos {84718})
Subject: Re: INTERNET BEGINS FEE-BASED REGISTRATION
Date: 1995/09/13
Message-ID: <436sul$9p6@swlpak.msd.ray.com>
X-Deja-AN: 110065078
distribution: inet
references: <434mdq$c3r@shell1.best.com>
organization: Raytheon Company
newsgroups: best.general,best.announce,best.www,ba.internet,comp.protocols.tcp-ip.domains,talk.bizarre