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Here's what the major media sources are reporting:
"Forget condos and strip malls. Domain names, the real estate of the Web, have been delivering far greater returns."
"Parked domains may become a billion-dollar industry, both for paid search operators like Google and Yahoo as well as a new breed of Internet real estate developers."
"Internet domain names are a hot commodity again. But unlike the 1990s, when speculators bought up Web addresses in hopes of reselling them later for a big payday, many of today's purchases are aimed at cashing in on the boom in online advertising."
"The domain name is 21st century real estate," says Warren Adelman, president of GoDaddy.com, the world's largest domain name registrar, with 12.9 million. "The economy is being increasingly driven by the Internet sector."
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