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Domain Name is future real estate

Do you believe in this statment? "The domain name is 21st century real estate," says Warren Adelman, president of GoDaddy.com, the world's largest domain name registrar, with 12.9 million. "The economy is being increasingly driven by the Internet sector."

Here are some examples:

Business.com $8 million
The details: Bought by the Californian-based eCompanies. They plan to develop the site as a business-to-business service.

AsSeenOnTv.com $5.1 million
The details: Bought for an extortionate sum and now the place to buy all your As Seen On TV products.

Altavista.com $3.3 million