No a domain that has been sold to another person is not in any way shape or form deemed as a "dropped" domain as it has not expired and been released onto the open market.
I read someone once that Google wipes clean all BL and PR from an expired domain so even if the site has PR with BL at the beginning as soon as it's re-indexed it loses them.
However, if your smart about acquiring expired domains you can quickly regain the BL and PR in a shorter amount of time that you would from a fresh reg.
KP
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