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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
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
Buyer None yet
Price/Date of sale Asking price $45,000