Quoting Mike on Friday March 25, 2005:
| 
| Imagine if you were or are an ordinary shareholder of a company who was 
| successful in the previous generic auction process that was run, paying 
| $100K+ for a generic domain..
| Continue imagining the business goes belly up.
| Imagine the look on the Administrator's face when he goes to sell the 
| 100K domain name..
| LOL
| I reckon auDA might be in for a fight.

A domain registration is a limited license under specific terms. If
someone thinks they have a perpetual immutable right to a domain name,
then that is through their own stupidity. I am sure domain names aren't
the only things in this world that are non-transferable.

kim