On 24 Sep 2002, at 20:34, Andy Linton wrote:
Surely the cost of implementing the SRS should be paid from the large cash reserves that Domainz and its sole shareholder InternetNZ have accumulated over the last few years.
A point about this. InternetNZ funded NZRS with 1/3 equity and 2/3 short term loan. InternetNZ treated (well when I was treasurer) the capital as sunk cost and does not expect it to be repaid. Also all the costs before NZRS was incorporated were absorbed by InternetNZ (about 300k). The loan is expected to be repaid within 6 -9 months or so (I dont have the spreadsheets on me) with a good hunk being paid when the prepaid fees that domainz has in cash and as a liability, are turned over to the new registry. Also starting at the time of the SRS Domainz will be running at a projected loss so money is required to pay for that in the _short_ term (October next year)
I'd still like to know why I can register a domain name in .com and .net etc for a fraction of the cost of doing it in New Zealand.
Street price is about $40 in NZ... street price for a .com is about $15 US... I dont really see a great deal of price difference. On a related note I would like to know why Domainz's large clients were being subsidised by their small clients (when the reverse is almost always true). SPH - To unsubscribe from nznog, send email to majordomo(a)list.waikato.ac.nz where the body of your message reads: unsubscribe nznog