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For example, isn't an actual yachting site, but it contains numerous ads and links for real yacht companies, boats and cruises.

The owners of the site get paid each time a viewer clicks on one of those links.

Domain Name Disputes and Transactions, and Trademark claims Read more In its meeting with the ICANN Board, the Government Advisory Committee (GAC) representatives Committee from around the world provided some highlights of the issues that may be from around the world Read more NEW YORK (AP) -- Inside a midtown hotel, Larry Fischer is on his cell phone with a financial backer as his partner Ari Goldberger does quick research on a laptop computer. Quick," Fischer barks at Eli, the investor at the end of the phone. Fischer and Goldberger up the ante, and then again. At the end of first quarter 2007, at least 128 million domain names had been registered worldwide, a 31 percent increase over the previous year, according to Veri Sign Inc., which runs some of the core domain name directories for the Internet."It's not about words," said Monte Cahn, founder and CEO of Moniker.com, a company that specializes in domain asset management and held the Manhattan auction. The auctions were held during a domain conference in June that attracts some of the biggest players in this niche business.

They are bidding furiously at this auction of Internet domain names, with hopes of snagging One name -- -- went for million but paled in comparison to the sale of sex.com, which sold for million last year, according to Cahn, who knew the site's buyer and seller.

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Mower Parts also carries a complete line of go-kart parts including roller chain, clutches, brake bands, engine parts, tires and more!

"It's pretty clear that registering a domain name that corresponds to somebody's trademark is actionable.

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When people type the generic names into their Web browser's address field, sites that generate pay-per-click advertising revenue appear. "This industry is like the wild, wild West right now and people have no idea how fast it's growing," said Jerry Nolte, managing partner of Domainer's Magazine, a new trade publication devoted to this little-known world. It's a piece of real estate on the Web that can't be replaced.

These are boom times in an estimated billion industry that involves the buying and selling of domain names.

Goldberger's fascination with the burgeoning industry was sealed."I was an entrepreneur strapped into this suit-and-tie job," Goldberger said.

"Kind of a square peg in a round whole and this lawsuit just kind of changed everything for me."He eventually left the respected Philadelphia law firm where he worked in 1997 and joined a small startup in Manhattan called mail.com, which was buying up domain names.