Tracking the Rise of Dot-Com Dominance, Dot-Bomb Implosions - Former Web Stars Survive as Mere Shells (
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Yet
another famous IT domain name, Prime.com, the name of a long-defunct
minicomputer manufacturer that was once a major competitor of DEC, is now just
a shell site on the Web. Its current owner is apparently just waiting for a
buyer who might want to turn it back into a working corporate domain.
Even
No. 1 on the list, Symbolics.com, is just a shell site with the primary mission
of advertising its status to prospective investors as the oldest domain name on
the Web. As of March 12, the site was running a clock showing there were only
two days and 18 hours before the 25th anniversary of the registration of the
first .com domain name.
It
was originally the domain name of Symbolics, now long defunct, which used to
manufacture computers that were optimized to run the LISP programming language.
After it got out of the manufacturing business the company continued to sell
the Open Genera Lisp System. However, according to Wikipedia, the domain was
sold to its current owner, XF.com Investments, in August 2009.
What
is important to remember is that when the first 100 domain names were created,
the Web was not the highly graphical and easily navigated environment familiar
to the millions of computer users around the world today. The Internet was
still mainly a text-based environment that was used by government agencies,
universities, research centers and government contractors to send messages,
transmit files and share information.
This
was in the very early days of GUIs, which were found mainly on the Apple
Macintosh and on expensive and specialized computer workstations. It would be
more than five years before Windows 3.0 brought the graphical interface to
millions of PC users in the early 1990s. It wouldn't be until the mid-'90s that
Netscape Navigator, a graphical browser running mainly on Windows, would give
millions of PC users their first opportunity to visit all the new .com URLs
that were springing up on the Web.
Netscape
went from its founding in March 1994 to an IPO (initial public offering) that
was worth $75 per share in August 1995. But in 1995 Microsoft introduced its
Internet Explorer browser built into the Windows operating system as just
another add-on utility. It was IEr that ended the meteoric rise of Netscape. By
the end of 1997 Netscape had stopped growing and by early in 1998 it was laying
off employees. Before the end of 1998, another dot-com dynamo, AOL,
bought Netscape in a stock swap worth $4.2 billion.
By
that time, millions of Web users were switching to IE, which soon forced AOL
to decide that it wasn't worth updating the Netscape browser any more.
So
where is Netscape's domain name now after spending the first years of its brief
life as one of the most popular sites on the Web? The brand name is now a just
sub-address buried inside the vast AOL
domain.