Good speculation on how Sauron percieved the power of his Ring to affect others Findegil!
Sauron could never really understand that his ring held more of a pull than just the desire for power, and that it in itself was what drew the person (basically) not just the power it gives. Like you say, why should he? All he knows is that it gives huge power, and that he desires the power... it is part of him remember.
How then could he feel that anyone would possess the ring if they did not want the power associated with it? How could he possibly concieve that anyone would want to destroy it. His assumptions that whoever possessed it was just carrying it until it was given to a more powerful wielder, did not go without at least some justification. I can now sympathize with his reasoning, or more importantly lack thereof...
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'A thinking tyrant, it seemed to Vetinari, had a much harder job than a ruler raised to power by some idiot system like democracy. At least HE could tell the people he was THEIR fault.'
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