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Microcap & Penny Stocks : DWNS - Netbilling, an emerging e-commerce play.
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To: Zappo3 who wrote ()3/28/1999 1:53:00 PM
From: MasterConfucius  Read Replies (1) of 33
 
I am very interested in investing in this company.

A few questions pop up though:

1)What makes Netbilling's business proprietary? Could competitors easily set up similar operations? Or is it more the case of "first on the scene" like the major on-line auction sites? I guess what I am getting at is whether or not netbilling has any tangible competitive advantages.

2) Will there be any share dilution after the reverse merger? I ask this because I've been involved in shell companies where the value of my holdings became greatly diluted because of adverse changes in the number of authorized and outstanding shares.

Thank you in advance for any insight.
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