On Fri, Sep 28, 2012 at 1:58 PM, John Sessoms <[email protected]> wrote:

> Stupid really. Why would I buy used domain names from him when I already
> owned them once and decided I didn't want to keep them?

Because domain registrations sometimes lapse accidentally when someone
forgets to pay the bill. The person who swoops in can then hold it for
ransom. This has happened to major firms; for example, Microsoft:

http://www.techdirt.com/articles/20031106/0945203.shtml

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