Web.com Group, Inc. (NASDAQ:WWWW)
The Company is a provider of Do-It-For-Me Web services and generation products that enable small and medium-sized businesses to establish, maintain, promote and optimize their Internet presence.
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The business model is based on selling the no obligation trial, but making it practically impossible to cancel before the billing starts. Be afraid, this is nearly SCAM level tactics.
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Nice bubble, but it will eventually burst.
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Baloney.
www.sec.gov/comments/s7-08-09/s70809-3984.pdf
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Member of the "Undervalued Club" bandwagon.
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This is a stong stock. Good company and I think with in the next few years this stock could double.
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Stock looks like it has finally righted the ship here.
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High growth, low PEG
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Best-in-Class leading provider of webdesigh and online marketing solutions for SMB
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growth Total revenue for the fourth quarter of 2006 was $16.4 million, an increase of 46% on a year-over-year basis. For the fourth quarter of 2006, subscription revenue increased 57% to $14.9 million, license revenue decreased 23% to $1.1 million, and professional services revenue increased 17% to $390 thousand, compared to the fourth quarter of 2005.
For the fourth quarter of 2006, the Company reported record net income available to common stockholders, determined in accordance with generally accepted accounting principles (GAAP), of $4.8 million, an increase from net income available to shareholders of $509 thousand in the fourth quarter of 2005. Fully diluted GAAP earnings per share were $0.25 for the fourth quarter of 2006, an increase from earnings of $0.03 per share in the fourth quarter of 2005. Per share amounts are based on weighted average fully diluted shares of 19.7 million and 14.6 million for the fourth quarter of 2006 and 2005, respectively.
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WebsiteBuilder for Pro's with extremely growing opprtunities in SMB now Online Retail Sales will triple according to Forrester Research.
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