Businessweek Archives

Table: Cybersquatters In The High Rent District


Cover Story -- e.biz -- Home Page

TABLE: Cybersquatters in the High Rent District

How do you cash in on the Internet gold rush without putting in 18-hour

workdays at a Web startup? Internet addresses have become the Web's equivalent

of real estate speculation.

Web address DRUGS.COM

Original owner Eric MacIver, Mesa, Ariz., who wanted to start

an online pharmacy

Buyer Venture Frogs, San Francisco Web investors

Price/Date of sale $823,456 / August, 1999

Web address WALLSTREET.COM

Original owner Ehud Gavron, the owner of an ISProvider in Tuscon, Ariz.

Buyer Players Sportsbook and Casino off the coast of Venezuela

Price/Date of sale $1.03 million / April, 1999

Web address BINGO.COM

Original owner Bingo, Inc., an Anguilla-based game company

Buyer Progressive General Lumber Corp. of Vancouver,

which changed its name to Bingo.com Inc.

Price/Date of sale $1.1 million / January, 1999

Web address PORSCHCAR.COM

Original owner Saeid Yomtobian, a Sherman Oaks (Calif.)-based

Internet nerd

Buyer Porsche Cars North America

Price/Date of sale Zero/Transferred to company by court

order February, 1999

Web address PRESIDENTORRINHATCH.COM

Original owner Joseph Culligan, a Miami private investigator,

goading the Senator into passing a law

against cybersquatting

Buyer None yet

Price/Date of sale Asking price $45,000


Soul Searcher
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus