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Register.com Hoarding?

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devolution

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I've noticed a lot of expired domains at Register.com that have their contact details changed over to:

Organization:
register.com
Unpaid Names Department-R
575 Eighth Avenue
New York, NY 10018
US
Phone: 212-798-9200
Fax..: 212-594-9876
Email: admin@register.com

Some domains have been expired for quite a long time - anyone know any more about this? Is there some kind of facility they are doing where you can buy them?
 
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