bidding for Israel.com will begin at $5.5 mil

Globes: Israel.com for sale. "The New York Post" quotes the owner of the domain name, Jean-Noel Frydman, as saying, "I didn't want anyone to misuse it. That's why I registered it." He registered the name in 1994, and agreed to sell it because of the 60th anniversary of Israeli independence. He retains final approval on the sale."