SwingTrade Member Forum

[MikeDDKing]

PWEB DD (06/23/09)

PWEB is a stock that has multi-bagger potential. PWEB provides web software tools, electronic business storefront hosting and internet payment systems for small to mid-sized businesses in the US. They last traded at $0.125/share and earned $0.007/share last quarter on revenue of $3.2M. They have guided for Q2 revenue in excess of $5M. In the Q1 earnings press release they stated that they expect revenue and earnings to continue to accelerate throughout the year. The improved results are coming from a refocus of the business towards higher profit margin accounts. They have also built out their infrastructure for future growth. In a 6/10/09 PR they stated: "We are now in a position to double or triple our customer base with limited costs going forward." They also recently added internet marketing to their suite of services.

Here are some links to recent press releases:
Q1 Report Press Release - http://finance.yahoo.com/news/Pacific-WebWorks-Reports-1st-bw-357771038.html?x=0&.v=5
Guidance Press Release - http://finance.yahoo.com/news/Pacific-WebWorks-Offers-Q2-bw-1562802450.html?x=0&.v=3
Infrastructure Buildout PR - http://finance.yahoo.com/news/Pacific-WebWorks-Builds-bw-715214105.html?x=0&.v=2
Expansion into Internet Marketing PR - http://finance.yahoo.com/news/Pacific-WebWorks-Expands-bw-2989491504.html?x=0&.v=2