updated 3:00 a.m. 5.Jan.2000 PST

SECTIONS
Top Stories
Business
Culture
Technology
Politics
WIRE SERVICE NEWS
Top Headlines
Sports
Finance
FREE DELIVERY
 
STOCKS
Get Quote:
 
Today's Summary
Wired Index | All Indexes
Portfolios
FIND A BOOK

Powered by barnesandnoble.com

WIRED MAGAZINE

Wired Magazine
Issue 8.01
Subscribe to Wired.
Special offer!
HOTWIRED
Frontdoor
Webmonkey
Webmonkey Guides
RGB Gallery
Animation Express
Suck.com
HotBot

Wired News staff

Contact us

Wired News delivered
to handheld devices
by AvantGo,
Outlook Express,
In-Box Direct,
or PointCast




Bidding Farewell to Year 2000
by Andy Patrizio

1:30 p.m. 4.Jan.2000 PST
No one is happier to be rid of Y2K than Peter de Jager.

With the year 2000 "mess" in our collective rear view mirrors, a Y2K consultant has commanded a record US$10 million bid for Year2000.com in an eBay auction.

But he's not spending the money just yet. Already one winning bid has proven fraudulent, so de Jager won't feel confident until he's cashed a check.


Read ongoing Y2K coverage
Read more in E-Biz

Brampton, Canada-based computer consultant Peter de Jager, and the domain name co-owner The Tenagra Corporation, a Houston, Texas-based Internet marketing agency, placed Year2000.com on eBay last week, in advance of the date rollover. De Jager had put more than four years into the site and wanted out.

"My job was done," he said. "I created that site as a central clearing house for info on Y2K, for the purpose of creating awareness, discussions, and creating solutions and getting people to take it seriously. As of December 31, that job was done. So it was time for me to pack up and move on."

Choosing to sell it on eBay was easier then a straight sale.

"The reality is that there are not that many potential clients for an address like that," said de Jager. "Trying to identify those people [is] very tough. Putting it on eBay for public auction makes it a news item, which generates public awareness."

Bidding for the domain name started at $1 million and the price soared past the old record of $7.5 million that Business.com fetched in December. The $10 million winning bid was placed on 1 January.

Despite his prospective windfall, de Jager doesn't plan on retiring, although he will be taking some much-needed downtime.

He thinks the asking price is fair.

"The site's worth that just in terms of visibility to the right buyer," de Jager said. "It's got 25,000 links pointing to it. Plus, the fact that I sold the site would get worldwide coverage."

The content of the site is not included in the bid, since much of the material is copyrighted by de Jager or other authors. He did have contact with one person who offered significantly less than $10 million for the whole site, content and all, and if the eBay bids all prove fraudulent, that deal could be reached.

It all caps what has been a tough year for de Jager, who has been trying to calm fears of a technological Armageddon.

"We were saying for the last year that the telecom system would be fine, power would be fine, transportation would be fine," he said. On New Year's Eve, he was aloft in an airplane flying to Europe.

But in hindsight, with almost no Y2K hiccups except funny bloopers like "1900" listed as the year on the Star Trek Web site, people are complaining about how much was spent on prevention instead of being happy that disaster didn't strike.

"It absolutely floored me," said de Jager. "We succeeded [in averting Y2K] damn it, we got it right. Now, instead of being thanked, we're being crucified? I don't get it."

Have a comment on this article? Send it
Email this to a friend.
Fax this from your computer for free


Related Wired Links:

EToys Relents, Won't Press Suit
29.Dec.1999

You're Out of E-Business.com
23.Dec.1999

Toying with Domain Names
11.Dec.1999

Domain Winner Loses Big
11.Dec.1999

How Much Is Sexballs.com Worth?
9.Jul.1999



Printing? Use this version.
Email this to a friend.
Fax this from your computer for free.



- - - - - - - -
Buy Gifts For Kids
at ZanyBrainy

Harry Potter
Books
BUY THEM!

- - - - - - - -
Tend to business
atCoach.com

Palm (TM)
Organizer Case
$110
MORE INFO!
- - - - - - - -
Editorial policy

  BUSINESS
Today's Headlines
 
Get Yer DSL -- Free!

Did the Oracles Know?

Bidding Farewell to Year 2000

Stocks Take a Nose Dive

Greenspan's Still the Man

UK Consumers Await E-Boom

VA Linux Unveils New Service

Japan's Nikkei Y2K-OK

Amazon.com Tops Shopping Sites

Qwest Stars on Wall Street

AOL Fattens Up Over Holidays

Vodafone Keeps Dukes Up

Gates Warns of Little Messes

Economists: 'Keep On Growing'

Crackers Hit Lloyd's of London

Welcome to the Year 1900 ;-)

Y2K Baby Gets Yahoo Stock

A Great Year to Go Public

Why Value America Failed

Microsoft 's Debt to a Linux Fan

Value America's Binge and Purge






Send us feedback  |  Work at Wired Digital  |  Advertise with us
About Wired Digital  |  Our Privacy Policy

Copyright © 1994-2000 Wired Digital Inc. All rights reserved.