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To: Wayne Rumball who wrote (5125)3/29/1999 10:53:00 AM
From: Frederick Langford  Respond to of 13776
 
EWEB numbers out, PROFITABLE

(PR Wires) DJ: Euroweb International Corp. Announces Effective Turnarou
DJ: Euroweb International Corp. Announces Effective Turnaround with $.08
Earnings Per Share from Continuing Operations for Fiscal 1998 V's ($.68) Loss
for Fiscal 1997

NEW YORK, March 29 /PRNewswire/ -- Euroweb International Corp. (OTC Bulletin
Board: EWEB) reported through its Chairman, Frank R. Cohen, that Internet
sales for Fiscal 1998 were $1,685,245, compared with Internet sales of
$1,270,135 posted for Fiscal 1997. Net Income for the current reporting
period was $427,524 or $.08 per share as compared to a loss of $2,530,228 or
$.68 per share for the previous year. The 1998 net income includes a gain
of $1,516,548 gain on the sale of a 51% interest in the Company's Internet
subsidiary and a loss from discontinued operations of $119,678 ($.02 per
share loss). The 1997 net loss includes a loss from International
operations of $591,039 ($.16 per share loss). The sales for Fiscal 1998
represent only sales to November 22, 1998, date of the sale of the 51%
Interest. The Internet sales for the entire year of 1998 were $1,958,062,
an increase of 55% over Internet sales for the entire year of 1997.
The Company provides International Internet access to approximately 350
managed leased line large corporate customers as well as to substantial
number of dial-up business customers, complete graphic services including
designing and hosting web sites and value added services for its customers
including developing databases.
Euroweb International Corp.
1998 Fiscal Year 1997 Fiscal Year
Net Revenue - Internet $1,685,245 $1,270,135
Net Income (Loss)
- Continuing Operations $547,202 $(2,530,228)
- Discontinued Operations $(119,678) --
Net Income (Loss) per Share
- Basic
- Continuing Operations $.10 $(.52)
- Discontinued Operations $(.02) $(.16)
$.08 $(.68)
Weighted Average Common Shares
Outstanding 5,553,000 3,728,000
Net Income (loss) per Share
- Diluted
- Continuing Operations $.09 $(.52)
- Discontinued Operations $(.02) $(.16)
$.07 $(.68)
Weighted Average Common Shares
Outstanding 5,906,000 3,728,000
/CONTACT: Frank R. Cohen, Chief Executive Officer of Euroweb International
Corp., 212-758-9870/
10:24 EST
*** end of story ***

Fred



To: Wayne Rumball who wrote (5125)3/29/1999 10:53:00 AM
From: BigTex  Respond to of 13776
 
Check out ECEC,NEWS and here is trading.Could be big.
ECOM ECOM.COM INC

Prices Available: 03/10/99 through 03/26/99

Ticker: ECEC

Date Volume High/Ask Low/Bid Close
-------- ---------- ---------- ---------- ----------
03/11/99 441,000 1 11/16 1 7/16 1 1/2
03/12/99 208,200 1 9/16 1 7/16 1 1/2
03/15/99 87,100 1 1/2 1 3/16 1 3/8
03/16/99 106,100 1 5/16 1 3/16 1 1/4
03/17/99 37,500 1 1/4 1 1/8 1 3/16
03/18/99 38,900 1 1/4 1 1/8 1 1/4
03/19/99 23,300 1 1/4 1 3/16 1 1/4
03/22/99 55,000 1 1/4 1 1/8 1 1/4
03/23/99 47,700 1 7/16 1 1/4 1 5/16
03/24/99 74,200 1 3/8 1 1/8 1 3/8
03/25/99 57,200 1 3/8 1 3/16 1 1/4
03/26/99 56,200 1 3/8 1 3/16 1 1/4



To: Wayne Rumball who wrote (5125)3/29/1999 11:40:00 AM
From: Kim Lim  Respond to of 13776
 
Hi Wayne: INEXD, sound interesting, however, no thread and other information available? If you could please post where can we find some basic information. Thanks.

Bye for now.

Kim.