WWWW (Web.com Group)
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  • 03/11/09

Why I Love This Stock

By:sarah z

Date:09 10 08

Web.com, a leading provider of online marketing for small businesses, recently announced that its Board of Directors has authorized the repurchase of up to $20 million of the Company's outstanding common shares over the next eighteen months.
``Web.com's share repurchase program is in line with our strong ongoing commitment to enhance shareholder value,'' stated David Brown, Chairman and CEO of Web.com. ``With strong profitability margins, growing cash flow and confidence in our long-term growth strategy, we believe our stock repurchase plan is an excellent use of our cash at this time.''
The stock trades for 9x cash flow.
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By:Pro

Date:11 30 -1

Downgraded by Roth Capital from Buy to Hold
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Why I Hate This Stock
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