Thursday, January 22, 2009

NC man gets $35,000 for Bush library domain name

RALEIGH, N.C. � Web developer George Huger says he turned $5 into $35,000 when he bought the expired Internet domain name for former President George W. Bush's presidential library and then sold it back.

The News & Observer of Raleigh reports Tuesday that Huger was searching through a list of expiring domain names two years ago when he noticed the Web address http://www.GeorgeWBushLibrary.com was about to expire.

He bought the rights for $5, then sat on them for two years.

Huger says he recently sold them for $35,000 to Florida-based Yuma Solutions, which the Bush Library Foundation says is in charge of Web site care. Company owner Mark Mills didn't return the newspaper's calls.

http://news.yahoo.com/s/ap/20090120/ap_on_re_us/odd_bush_library_web;_ylt=AlqxSuSOkjpriHJQFHxfIJDtiBIF