"Last year, Seattle-based Marchex (NasdaqGM:MCHX - News) paid $164 million to the holder of some 100,000 domain names."CORRECTION:Marchex bought those 100,000 domains from Yun Ye in February of 2005!THREE LONG YEARS AGO (nearly to the day)!http://www.marchex.com/press/20050214.htmlAlso...for the record Marchex's Network revenues DROPPED quarter over quarter recently.http://www.marchex.com/press/20071108.html$10 Million in Q3 down from $13.5 Million in Q2
What is your current position these days...Assume you have gone short?
Don't assume.Regarding the market specifically.I must say cash has been a nice place for a few months. Slept very well over the last few months!