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Technology Stocks : Online Systems Services (WEBB): www.ild!
WEBB 0.00010000.0%Oct 31 9:30 AM EDT
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To: Bo Murphy who wrote (75)5/17/1998 6:03:00 PM
From: DarrenS   of 88
 
It seems that WEBB is good at selling itself to the investing
community but not much else. The stock is up from 1 1/4 to 15
in the last year but the company's current and future prospects
have not confirmed this move. The company has NOTHING of value.
Its biggest claim is that it uses microsoft software. Most
of its gross profit margin is just mark-ups from selling hardware and software. So it looks like WEBB is a glorified computer store.
Dont even mention net profits, they are too painful to talk about.
I'd hate to be left holding the bag when this dog goes under. And for
sure it will. The value of this business without ignoring the
debt is about $2 mil. Including debt, it is worthless.

Good Luck!
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