Having several domains under one plan, is it OK for search engines?

[yomama]

Hello
With my hosting account (www.infinology.com) i am allowed to have more than one domain. I think they may charge a transfer fee but with sooooo much excess space on my current plan it would take many many domains to fill the space. The plan also gives me 50 gigs of transfer and with my small pages that will not be a problem either.

But, i am virtually hosted, which is the way things seem to be these days. Will adding another domain hurt me in any way. Will we be sharing an IP, i would think not since we are hosted virtually???? Are there any drawbacks in general?

Thanks

[Mntsnow]

No it doesnt hurt

I run Multiple sites on a single IP and as long as total bandwidth requirements are lower than the though-put your hardware is capable of dishing out it will be seamless to the end-visitor of your sites.

For example
www.digitalmntsnow.com
www.xtremepccentral.com
www.utmtnsnow.com
www.xtremewebdreams.com
www.shootfingers.com
www.ezsurreal.com
and several others are on the same server.