Web Street - WEBS- Profile

Web Street, Inc.. The Company provides brokerage service to individual investors, primarily in the United States, Europe, Asia and Latin America through the company's web site. Through the company's web site customers can track stock quotes that automatically update in real time as the market moves, view up-to-date news and financial market headlines, buy and sell securities, including stock and options, receive quick confirmation of executed trades and check securities positions and account balances. Major services provided by the Company are stock and options trading, mutual funds, margin accounts, market data and financial information, portfolio tracking and record management. Other services provided include refinance, home equity, auto, personal and small business loan and mortgage. The company has international operations in Germany, Austria, Switzerland and Italy. Transaction revenue accounted for 81% of 2000 revenues; interest income, 17% and other, 2%. Provides online brokerage services to individual investors in the United States, Europe, Asia and Latin America