Marchex is a company with great assets that keeps coming up short on performance. Shares recently fell to a 3 year low after reporting results which missed expectations and issuing a disappointing outlook for the next quarter. Marchex owns a portfolio of over 200,000 domain names.
Marchex owns a portfolio of over 200,000 domain names. This includes a large number of zip code domain names like 90210.com and domains with semantic or type in value like debts.com or newyorkdoctors.com. They were one of the earliest public companies to invest in domain names for the purpose of monetizing direct navigation traffic. In late 2004, they purchased a portfolio of over 100,000 domain names from Name Development Ltd. for $164.2 million.
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http://internet.seekingalpha.com/article/44377
http://biz.yahoo.com/seekingalpha/070814/44377_id.html
http://www.fool.com/investing/general/2007/08/10/marchex-of-the-sanguine.aspx