By Jay Lyman TechNewsWorld Part of the ECT News Network
07/23/04 12:29 PM PT
Frost & Sullivan senior analyst Mukul Krishna said that while some have called on Edwards to donate the domain to the Democratic cause, reaction to his auction of the site has been generally positive. "He has had that domain registered before," Krishna told TechNewsWorld. "This is a perfectly genuine circumstance. To give it up, he should get some compensation. That is the general feeling."
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An Indianapolis bail bondsman is looking to cash in on the John
Kerry-John Edwards Democratic presidential ticket by selling his
www.kerryedwards.com site to the highest bidder, with a starting price
of US$150,000.
But the man, who has owned rights to the Internet address for nearly two
years, is not what is known as a "squatter," a person who purveys over
Internet domain names using the brand names of large companies or
franchises. The man is Kerry Edwards, a 34-year-old who bought the site
to post family photos.
"I'm not an independently wealthy individual, unfortunately, and so it's
in the interest of my family to auction the rights to the domain,"
Edwards said in a press release from Sedo.com, the Massachusetts company
that is auctioning the site. "Once I received substantial, unsolicited
offers, I believed it was time to engage a professional organization
like Sedo.com that specializes in brokering domain names to maximize
this opportunity for my family," he said.
Honest Luck
Frost & Sullivan senior analyst Mukul Krishna said that while some have
called on Edwards to donate the domain to the Democratic cause, reaction
to his auction of the site has been generally positive.
"He has had that domain registered before," Krishna told TechNewsWorld.
"This is a perfectly genuine circumstance. To give it up, he should get
some compensation. That is the general feeling."
Cambridge-based Sedo.com said it would be auctioning the domain name
through July 31 to coincide with the nearby Democratic National Convention in
Boston. Sedo.com opened the bidding at US$150,000, which was still
the current high price July 23.
Slim Pickings for Squatters
While Krishna said there did not appear to be an attempt to profit from
another's name in the case of Kerry Edwards, there are still cases of
so-called "squatting." However, Krishna said smaller settlements
resulting from such schemes, and court action that has repeatedly favored
trademark holders, has discouraged the practice.
"It's nothing like it used to be," Krishna said. "It's become even more
difficult for cybersquatters to make a quick buck out of registering a
domain name. If you show intent to make a venture out of someone else's
name, you'll certainly lose your case if it goes to court. That's why
these people lose and why settlements, if there are any, are really
down."
Krishna indicated that in addition to wider international legislation
and enforcement on domain names, companies have learned to use hyphens,
prefixes and other small changes to simply get a different domain, letting would-be squatters keep their domain names.
Intent and Image
In the case of Mike Rowe, who had registered his www.mikerowesoft.com site, his contention that he did not mean to encroach on Microsoft's (Nasdaq: MSFT) name were met with skepticism. Microsoft called it infringement, which resulted in bad publicity for the Redmond, Washington-based software giant.
The case was quickly settled out of court as Rowe, a Canadian teen-ager,
agreed to hand the site over for an Xbox gaming console, developer forum
membership, a new site and an invitation to Microsoft headquarters
earlier this year.
Krishna, who said Rowe was "obviously a squatter," indicated that might
have been a special case, and the prospects for squatters in general have
diminished significantly.
"The ramifications of a legal battle with a much larger corporation are
you are not going to win the case easily," Krishna said. "The world has
changed so much over the past five years, especially with a lot of local
governments getting involved, which makes it very difficult for these
people to make money anymore," he said.
You are right on target, I have one intention and that is to see John Kerry elected as ...
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