Tuesday, August 03, 2004

greed - 1; the common man - 0.

From the Indianapolis Star:

Web address's price too steep for buyers

By Tim Evans

An Internet auction for the Web site www.kerryedwards.com failed to attract the $150,000 minimum bid sought by the Indianapolis man who owns it.

The site became a hot property after Democratic presidential candidate John Kerry named John Edwards as his running mate.

It has belonged to 34-year-old Kerry Edwards since March 2002, when he registered the name to post family photographs.

After Kerry, a senator from Massachusetts, named Sen. Edwards, of North Carolina, as his vice presidential pick, Kerry Edwards decided to try to sell the prophetic Web address through the online auction company Sedo.com. The sale was set to conclude at midnight Saturday.

But Keith Watson, who handles public relations for the firm that specializes in selling Internet domain names, said Sunday that no sale had transpired. Watson said he knew no other details.

Edwards, a local bail bondsman, did not return calls Sunday. In a previous interview with The Indianapolis Star, he said the site got 51,000 hits the day Kerry named Edwards as his running mate and that he had been offered $30,000 for the site.
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Let this be a lesson in greed, boys and girls. If you have a chance to make a 15,000% return on an investment, DON'T HOLD OUT FOR A 75,000% RETURN!!!!

Ol' Kerry Edwards had a chance to make a pretty penny, but greed got the better of him. *tsk tsk*
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