Sex.com Auction Takes A Cold Shower

CNN MONEY - Mar 18 - Buyers lusting after one of the most lucrative domain names in the world, sex.com, will have to wait for their chance to bid on the coveted Internet property. The rights to sex.com were scheduled to be auctioned off Thursday, with bidders required to put up $1M just to get in the door, after the previous owner, Escom, went into foreclosure for unpaid debts. But the auction was postponed after Escom was forced into bankruptcy court late Wednesday by a group of creditors. Matthews said there had been "significant interest" in the domain name, but he declined to say how many bidders were scheduled to take part in the auction. FULL ARTICLE @ CNN MONEY