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Originally Posted by yowow
My question whats the use of registering a domain name and don't use it for anything except to put search ads etc.?
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Many domains/sites are earning money with that simple ads. If they have traffic (mostly from previous site that went off) they can (mis)use it in many ways.
Also, domains are assets just like any other property (well almost, you never "own" a domain name). You never know when and if their value will skyrocketed.
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Also another question I found out most of the domain name are register by registrats fabulous.com??? is this domain registering company and why do people use this company?
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Fabulous is a kind of place where you can park your otherwise unused (undeveloped) domains and still get something out of it through advertisers.
For Fabulous you need at least 70-80 domains to be able to use their services.
Similar services for small number of domains are offered by Sedo, Afternic, etc.