In the shot you posted, it only has one WAB. It's that open book icon.
When you put the copy in, did you get asked to replace the existing file?
Yes, the right click and add sender is very strange.
Two things for you to look at.
Open the C:\Documents and Settings\Robert Tracy\Application Data\Microsoft\Address Book folder, that's where the Robert Tracy.old file is, and see if there is a wab file in there now in addition to the .OLD file.
Other thing, at the top of OE, click View>Layout. Place a check next to Contacts and OK.
Does the Contacts bar with names and/or addresses show up on the left side of OE?
You can try SeaMonkey and run it alongside your existing programs. Just don't set it as the Default.
If you have both OE and the SeaMonkey mail set to leave messages on the server, the messages should download into both.
As long as disk space isn't a concern (it would double the new mail).