Internet domain names drop as their registration - the totals peaked at 32.4 million on June 30, 2000 dropping at that same year to 28.2 million. VeriSign reported 10.8 million new registrations in 2001. The second-half drop came as we saw
the arrival of new suffixes, like ".info" and ".biz." After registering easy-to-remember names for about $30 a year, speculators were able to resell them for hundreds or thousands of dollars. A few names commanded seven figures, including
$7.5 million for business.com in late 1999 and $3 million for loans.com in January 2000. "We are entering 2002 with a solid base, with high-quality paying customers." VeriSign CEO said as speculations seem to be over.
