Hello,

I am currently developing an application that would monitor the web traffic of websites, and would like to set up a site, where I can launch it.
I need a .com, but after I searched for 3 hours, I realized that there is no available name, so I looked on a domain auction site, Sedo, and I found this one
http://www.sedo.com/search/details.p...d=&language=us

How should I proceed? Should I start biding on a big sum, or make him a low offer and start negotiating then. And how much should I offer?
Thanks