I had been watching and waiting to attempt to snipe a domain name that is very relevant to Microblogging and Social Networking.

The name I was after was SocialFeeds.com.

For the past several days, the name had been sitting at $40.00 on TDNAM for almost the entire 10 days. At the time there were 8 bids.

With 2 minutes and 13 seconds remaining I entered my bid. I was on top of the world at 45 bucks for all of perhaps 10 seconds. In the blink of an eye the bid was $165.00. I was still on top but every time I refreshed the page the bids just kept esculating.

Before long, it was over $400.

I had been waiting on a very important phone call – one that would require my full attention – and of course it came during all these bumps.

Do you know how difficult it is to monitor and bid on an auction as it is closing while trying to juggle a phone in one ear and on one shoulder so you can free up both hands? Of course you do. You’ve done the same thing.

The tone of the phone call was serious and I soon found that it indeed require my full intention. A friend, former co-worker, former employer (all the same person) was excited about his eldest son being picked up by a major radio station as a sponsor for boarding (snowboarding and skateboarding). The CEO of the netwoek wanted to meet and discuss promotional material. It was serious enough to turn my attention away and serious in a good way for him and his 17 year old kid who is just an outstanding youngster.

Being kind of in tune with sites and internet stuff, dad (my buddy) was bouncing off the wall with a million and one questions regarding uploading videos, making a website for his son, the domain name game and so on. They wanted me to come with them and sit in on the contract and signing and talk to their people.

Alas, the bidding continued with out me and closed exactly at $500.00. Needless to say, that could be a steal as social networking, social media, and microblogging are all going mainstream, including my journey into this.

There were a total of 8 bidders including me and perhaps somewhere between 30-40 bids entered.

Social networking, in particular Twitter, seem to be coming into its own.

I am a total novice to it but learning as I go along.

It is fascinating and a tremendous marketing tool. Like all tools, your need to learn how to hold it, inspect it, and read the manual before using.

The manual? There are plenty of tips and tipsters out there and books. I have bought a couple, read a couple of sites, and the whole time I was reading I just could not wait to dive in.

Obviously, I am not alone.