[thelist] advice on acquiring a web property

[Marc Seyon]

Greetings all,

I'd greatly appreciate some advice on a current idea I have.

I recently met someone who has for sale a site bearing a very high value 
URL. I'd rather not disclose the name of the site. But it is along the 
lines of [popularword].co.[countrydomain].

I have some observations and impressions about the site.

1. As stated, the domain is an EXTREMELY common internet term.
2. In this country, .co.country domains are much less well known. Very few 
companies use them. Most tend to go for .com domains. Very few even use 
.org or .net
3. The site has been online for about 3-4 years, but has only been at that 
address for about 2 years.
4. The site is by consensus of several experienced developers very poorly 
done and I'm not sure there many people who would revisit it, as it is now.

That said, do you think that if the site is purchased, redeveloped and 
properly marketed it can be of value, or would the existing site have 
already created an irreparable damage in those who have visited? Something 
along the lines of "This sucks, I'm never coming here again".

Thanks.
-marc