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WallStreet Web address fails to sell

15 October 2007  |  3728 views  |  0 Dot COM

The WallStreet.com Web address failed to sell at a Florida auction last week after bids fell short of the owners' $5 million reserve price.

The highest bid for the domain was a reported $3 million - below the $4 million to $5 million the owners wanted - at the auction managed by Moniker.com.

WallStreet.com had been tipped to challenge Porn.com, which sold for $9.5 million in May, for the title of most expensive domain name of the year.

The Web address has been idle since a European Internet entrepreneur and two other investors bought it from a Caribbean-based casino for $2.3 million four years ago. The owners are reportedly now seeking higher bids through a Web-based auction.

Computer.com sold for $2.2 million in last week's auction, while Investment.com fetched $900,000.

Sex.com is believed to be the most expensive domain name ever sold - it went for a reported $12 million in a private sale in January 2005, whilst Vodka.com sold for about $3 million earlier this year.

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