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Internet Explorer first searches for a domain name with a dot.com extension. If it finds one, it connects to that site. If it doesn't, it will search for a dot.net extension and finally a dot.org extension.
If you think you have a really neat name, and dot.com extension is already taken, but dot.net is available, it may not be a good deal. People are conditioned to enter a name followed by ".com" and if you have dot.net or dot.org extension, you just may be sending your clients to a competitors site.
We recently tried to reserve a web site and checked under several names, but all dot.com names, that we initially thought of, were all taken. Rather than settling for a dot.net or dot.org extension, we continued to search until we found one with a dot.com that was appropriate for our business.
Remember - when you do a "Whois" search, dot.com name is on first.
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