squatters?

[Jim Jones, Jr.]

Someone scooped up a name that was recently deleted... and immediately put a
for sale sign on the home page.  I inquired and he said that he was asking
$5000.

Is this right ?  I already have the .net and .org forthis domain... it is
for my family's use. and I wanted the .com just to be complete.  How
anoying.

Jim