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Get Yourself a Dot-Com Mansion
Like New Yorkers who comb obituaries for apartment leads, real estate agents are reading between the tech-slump headlines to hunt for hungry sellers. Consider Austin (Tex.) realtor Roxann Coffman. Last year, she had a client--Dell Computer Co-President (DELL
) James T. Vanderslice, an IBM transplant from New York--but no house fit for a tech titan. She did, however, have a newspaper.
So Coffman called Donald Hackett, then the CEO of drkoop.com Inc., and asked if he would sell his posh digs. The beleaguered dot-commer had wanted to sell for a while. Hackett says the home, which sold for $4.5 million, was an investment anyway. Since its appraised value was $2.8 million, Hackett made money. And he is starting up MyDNA.com Corp. to boot. Too bad drkoop stock didn't do as well. By Andrew Park  
Big Blue (Collar, That Is) Online The Internet is still making inroads into the masses. The biggest gain in
home Web access in the past year has been the 52% jump among blue-collar
workers--twice the rate the home Web audience in the U.S. has grown since
Web stocks began wobbling in March, 2000.
Online 3/2000 Online Now
(millions) (millions) % Change
Factory Operator/Laborer 6.2 9.5 52%
Homemaker 1.6 2.4 49%
Retired 6.6 8.5 28%
Self-Employed 7.4 9.2 24%
Executive/Management 11.9 14.4 21%
Data: Nielsen/Net Ratings survey
 
Billboard Battles
Oracle Corp. (ORCL
) is shocked, shocked. Oracle marketing chief Mark Jarvis is driving to work in March, and right next to Oracle's Silicon Valley campus he discovers...this! IBM (IBM
) has put up a billboard with pseudo-astronauts announcing, "They Have Come in Search of Better Software: IBM." Oracle CEO Lawrence J. Ellison has been down this road before, and within 48 hours, Oracle's freeway-side riposte is right next to IBM's jab: "If you've come in search of better software, you've come to the right place...Oracle."
IBM's $500,000-a-year ad is part of a campaign to close the one-percentage-point market-share gap between Big Blue and Big Larry in database software. Surprise, the billboard trick is true IBM: not quite original enough to be hip. In 1997, rival Informix Corp. put a now-legendary sign outside Oracle featuring a samurai sword--a sly reference to Informix' "datablade" technology and Ellison's love of Japanese culture. Within a year, Oracle poached Informix' key programmers, making the company an also-ran until Apr. 24, when IBM paid $1 billion to buy its database unit.
IBM spokesman Joe Stunkard isn't scared. "We're a rather confident bunch," he says. But Eastern wisdom says: Be careful when you tick off Silicon Valley's richest man. By Jim Kerstetter
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