Hi there friends.

I currently have a domain name example, xyz.com hosted.
I want to buy 1 more domain name.

So Do I buy one more New Package: Domain Name + Webhosting.

Or Should I just buy the domain name and host on the current server my xyz.com is hosted on.

I currently have 100MB of webspace. Should I share this space among these two domain names, or buy another 100MB Space?

It depends on what you want to do. Most registrars let you do a domain pointer so you could point the second domain name to xyz.com/domainname2. There are some limitations to this as you wouldnt have email at the second domain and if your first domain name goes down so does your second. Something to consider. Also you would have to share resources of the first account such as space and transfer. Good luck.

Its also up to your host as well. Some hosts allow x amount of domains to point to the same acount, usually with a +$1 charge. Others make you buy a new hosting acount for each domain that uses a different acount.

If you have access to DNS service (or you can always use zoneedit.com or granitecanyon.com) and you have dedicated IP address, you can easily do it without asking your provider to set-it up for you :) If you want to forward to some subdirectory you should set-up script - there are some for free floating in internet :) PM if you need some help :)