SECURITIES  AND  EXCHANGE  COMMISSION
                             WASHINGTON,  D.C.  20549

                                   FORM  10-QSB

(Mark  One)

[X]   Quarterly  report under Section 13 or 15(d) of the Securities Exchange Act
      of  1934  for  the  quarterly  period  ended:  March  31,  2001

[  ]   Transition  report  under Section 13 or 15(d) of the  Securities Exchange
      Act  of  1934 for the  transition  period  from  _________  to  __________

                           Commission  File  No.  0-28833


                            NetWeb  OnLine.Com, Inc.
                          ----------------------------
        (Exact  Name  of  Small  Business  Issuer  as  Specified in Its Charter)

               Texas                             75-2767933
     -------------------------------           -----------------
     (State  or  Other  Jurisdiction  of           (I.R.S.  Employer
     Incorporation  or  Organization)         Identification  No.)

     1450 S. Dixie Highway, Ste 101-A, Boca  Raton,  FL  33432
     --------------------------------------------------------------
               (Address  of  Principal  Executive  Offices)

                               (561)-289-5175
                           -----------------------
              (Issuer's  Telephone  Number,  Including  Area  Code)


Check  whether the issuer: (1) filed all reports required to be filed by Section
13  or  15(d) of the Exchange Act during the past 12 months (or for such shorter
period  that the registrant was required to file such reports), and (2) has been
subject  to  such  filing  requirements  for  past  90  days.

Yes  X   No
    ---      ---




                      APPLICABLE  ONLY  TO  CORPORATE  ISSUERS

     As  of  March 31,  2001,  the  issuer  had  7,590,478 shares of its common
stock,  par  value  $0.001  per  share, issued and outstanding.

Transitional  Small  Business  Disclosure  Format  (check  one):

Yes       No  X
    ---      ---


                                        1
<PAGE>






                              NETWEB  ONLINE.COM  INC
                              INDEX  TO  FORM  10-QSB



PART  I  -  FINANCIAL  INFORMATION                               PAGE  NO.

Item  1     Financial  statements                                p.  3

Item  2     Management's  discussion  and  analysis  or  plan
            of  operation                                        p.  4

PART  II  -  OTHER  INFORMATION                                  p.  4

Item  1     Legal  proceedings                                   p.  4

Item  2     Changes  in  Securities  and  use  of  proceeds      p.  4

Item  3     Defaults  upon  senior  securities                   p.  4

Item  4     Submission  of  matters  to  a  vote  of
            security  holders                                    p.  4

Item  5     Other  information                                   p.  4

Item  6(a)  Exhibits                                             p.  4

Item  6(b)  Reports  on  Form  8-K                               p.  4

Signatures                                                       p.  5

                                        2
<PAGE>

                                     PART  I
                              FINANCIAL  INFORMATION

Item  1.  Financial  Statements.

                                        3
<PAGE>



                             NETWEB ONLINE.COM, INC.
                              FINANCIAL STATEMENTS
                         SIX MONTHS ENDED MARCH 31, 2000
                                  (UNAUDITED)

                                TABLE OF CONTENTS


                                                                 Page  No.
                                                                 ---------



Consolidated Balance  Sheet  -  March 31, 2001 (Unaudited)        F-2

Consolidated Statements  of  Operations  -  For the Three
 and Six  Months Ended March  31, 2000 and 2001  (Unaudited)      F-3

Consolidated Statements  of  Cash  Flows  -  For  the
 Six  Months Ended  March  31,  2000 and 2001  (Unaudited)        F-4

Notes  to  Financial  Statements                                  F-5

                                      F-1
<PAGE>


                             NETWEB ONLINE.COM INC.
                           CONSOLIDATED BALANCE SHEET
                           MARCH 31, 2001 (UNAUDITED)



ASSETS

Current Assets
   Cash                                               $    10,502
   Investments                                                500
                                                      ___________
Total Current Assets                                       11,002
                                                      ___________
Total assets                                               11,002
                                                      ===========

LIABILITIES AND STOCKHOLDERS' EQUITY

Liabilities

Current Liabilities
   Accounts payable                                        7,937
                                                      ___________
Stockholders' equity
   Common stock, $0.001 par value, 30 million shares
     authorized, 7,590,478 issued and
     outstanding                                           7,590
   Preferred stock, $0.001 par value, 5 million shares
     authorized:                                               -
Additional paid in capital                               431,010
Accumulated other comprehensive loss                      (9,500)
Accumulated deficit                                     (426,035)
                                                      __________

Stockholder's equity                                       3,065
                                                      __________
Liabilities and Stockholders' Equity                      11,002
                                                      ==========

See Notes to Consolidated Financial Statements

                               F-2

<PAGE>
                          NETWEB ONLINE.COM, INC.
                  CONSOLIDATED STATEMENTS OF OPERATIONS

                                Three Months Ended    Six Months Ended
                                     March 31,            March 31,
                                2000          2001    2000        2001
                                ____          ____    ____        ____


Sales                        $  14,225     $       -  $  14,225   $       -

Cost of goods sold              (6,277)                  (6,277)
                             _________     _________  _________   _________

Gross profit                     7,948                    7,948

Operating expenses              66,094         2,531     71,114      19,171
                             _________     _________  _________   _________
Income (loss) from
 operations                    (58,146)       (2,531)   (63,166)    (19,171)
                             _________     _________  _________   _________

Other income (expense):
  Interest expense              (2,812)                  (2,812)
  Income from forfeiture                      25,000                 25,000
  Realized loss on investment                 (2,500)                (2,500)
                             _________     _________  _________   _________
                                (2,812)       22,500     (2,812)     22,500
                             _________     _________  _________   _________

Income (loss) before provision
 for income taxes              (60,958)       19,969    (65,978)      3,329

Provision for income tax             -             -          -           -
                             _________     _________  _________   _________

Net income (loss)            $ (60,958)    $  19,969  $ (65,978)  $   3,329
                             _________     _________  _________   _________
Other comprehensive
income (loss), net of tax:
  unrealized loss on
  available-for-sale
  securities                                  (3,000)                (3,000)
                             _________     _________  _________   _________

Comprehensive income (loss)  $ (60,958)    $  16,969  $ (65,978)  $     329
                             =========     =========  =========   =========

Net income (loss) per share
(Basic and fully diluted)    $(  .013)     $       *  $(  .014)   $       *
                             =========     =========  =========   =========

Weighted average number of
common shares outstanding    4,647,447     7,562,598  4,473,605   6,955,628
                             =========     =========  =========   =========
*less than $.01 per share

See Notes to Consolidated Financial Statements

                                        F-3
<PAGE>

                      NETWEB ONLINE.COM, INC.
               CONSOLIDATED STATEMENTS OF CASH FLOWS
                             (UNAUDITED)

                                                 Six Months Ended
                                                     March 31,
                                                2000          2001
                                                ____          ____

Cash Flows From Operating Activities:

   Net income (loss)                         $ (65,978)    $     329

   Adjustments to reconcile net
   income (loss) to net cash
   provided by (used for)
   operating activities:

       Depreciation and amortization             6,219
       Prepaid expenses                         (5,811)
       Inventories                               5,637
       Receivables                             (19,100)
       Trademarks and web site costs          (103,810)
       Accounts payable                          5,489         2,392
       Unrealized loss on securities                           3,000
       Option loss                                             2,500
                                             _________     _________
         Net cash provided
         by (used for)
         operating activities                 (177,354)        8,221
                                             _________     _________

Cash Flows from Investing Activities:

     Purchase of fixed assets                   (7,250)
                                             _________     _________
         Net cash provided
         by (used for)
         investing activities                   (7,250)
                                             _________     _________

Cash Flows from Financing Activities:

     Sales of common and preferred stock       125,223
     Proceeds from notes receivable            114,490
                                             _________     _________
         Net cash provided
         by (used for)
         financing activities                  239,713
                                             _________     _________

Net Increase (Decrease) In Cash                 55,109         8,221

Cash At The Beginning Of The Period                883         2,281
                                             _________     _________

Cash At The End Of The Period                $  55,992     $  10,502
                                             =========     =========

Schedule of Non-Cash Investing and Financing Activities

In December, 1999 the Company issued 700,000 shares of preferred
stock and a net 589,000 shares of common stock in connection with
the acquisition of NetWeb Online.Com, Inc., whose assets were valued
at $57,750. The Company also issued 33,737 shares of series I
preferred stock in December, 1999 in exchange for a 90% interest
in the web site E-trade Golf.Com, which was valued at $67,439.

In March, 2001 the Company issued 1,200,000 common shares to an
Officer in exchange for forgiveness of amounts due of $10,000.

See Notes to Consolidated Financial Statements


<PAGE>                          F-4


                             NETWEB ONLINE.COM, INC.
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                         SIX MONTHS ENDED MARCH 31, 2001

NOTE  1      UNAUDITED  FINANCIAL  STATEMENTS

The accompanying unaudited financial statements have been prepared in accordance
with  generally accepted accounting principles for interim financial information
and  with  the  instructions  to  Form  10-Q  and  Rule 310(b) of Regulation SB.
Accordingly, they do not include all of the information and footnote disclosures
normally  included  in complete financial statements prepared in accordance with
generally  accepted  accounting  principles.  For further information, including
significant  accounting  policies followed by the Company, refer to the notes to
the  Company's  audited financial statements at September 30, 2000 - Form 10KSB.

In  the  opinion  of  management, the unaudited financial statements include all
necessary  adjustments  (consisting  of  normal,  recurring accruals) for a fair
presentation  of the financial position, results of operations and cash flow for
the  interim  periods  presented.  Preparing  financial  statements  requires
management to make estimates and assumptions that affect the reported amounts of
assets,  liabilities,  revenues  and  expenses.  Actual  results may differ from
these  estimates.  Interim results are not necessarily indicative of results for
a  full  year.  The  results  of  operations  for  the  six month period ended
March 31,  2001  are  not  necessarily indicative of operating results to be
expected  for  a  full  year.

NOTE  2      SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES

Business
--------
NetWeb Online.Com, Inc. (the "Company") was incorporated, in the State of Texas,
under  the  name  GEAC,  Inc., on November 5, 1997.  In July, 1999, the name was
changed  to The Golfing Network.Com, Inc.  In December 1999, in conjunction with
the  acquisition  of  NetWeb Online.Com, Inc., the Company changed to that name.

The  Company was formed for the purpose of engaging in the marketing and sale of
golf  related  products,  including  the  purchase  of  the patent rights to the
Wonderstick(R).  The  Company  subsequently  expanded  its  business purposes to
include  the development, acquisition and operation of a variety of Internet web
sites.  On June 30, 2000, the Company transferred its golf related net assets to
two  stockholders,  and  the  Company remained inactive from that point forward.


                                        F-5
<PAGE>
                              NETWEB ONLINE.COM, INC.
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                         SIX MONTHS ENDED MARCH 31, 2001

NOTE  2      SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES  -  CONTINUED


Principles of Consolidation
---------------------------

The accompanying consolidated financial statements include the accounts of
NetWeb Online.Com, Inc. and its wholly owned subsidiary. All intercompany
accounts and transactions have been eliminated.

Use  of  Estimates
------------------
The  preparation  of  financial statements in conformity with generally accepted
accounting  principles  requires  management  to  make  certain  estimates  and
assumptions  that directly affect the results of reported assets and liabilities
and  disclosure  of  contingent  assets  and liabilities as of the balance sheet
date,  and  the  reported  amounts  of  revenues  and  expenses  for  the period
presented.  Actual  results  could  differ  from  these  estimates.

Investments
-----------
The Company classifies its investments as available-for-sale, which are reported
at  market  value.

Unrealized holding gains and losses are excluded from earnings and reported as a
separate  component  of  comprehensive  income.  Realized  gains  and losses are
reported  in  earnings based on the adjusted cost of the specific security sold.

Cash  and  Cash  Equivalents
----------------------------
The  Company  considers  all cash and cash equivalents highly liquid investments
with  an  original  maturity  of  three  months  or less to be cash equivalents.

Net Income (Loss)  per  Share
-----------------------------------
The net income (loss) per share is computed by dividing the net income
(loss) by the weighted average number of shares of common outstanding.
Warrants, stock options, and common stock issuable upon conversion of the
Company's preferred stock are not included in the computation if the effect
of such inclusion would be anti-dilutive and would increase the earnings or
decrease loss per share.



                                        F-6
<PAGE>
                              NETWEB ONLINE.COM, INC.
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                         SIX MONTHS ENDED MARCH 31, 2001


NOTE  3      INCOME  TAXES

Deferred income taxes arise from the temporary differences between financial
statement and income tax recognition of net operating losses. These loss
carryovers are limited under the Internal Revenue Code should a significant
change in ownership occur.

At March 31, 2001 the Company had approximately $415,000 of unused federal
net operating loss carryforwards, which begin to expire in the year 2018.
A deferred tax asset has been offset by a 100% valuation allowance.
The Company accounts for income taxes pursuant to SFAS 109. The components
of the Company's deferred tax assets and liabilities are as follows:



                                      March 31,
                                        2001

                                   --------------
Deferred tax liability             $           -
Deferred tax asset arising from:
  Net operating loss carryforwards       166,154
                                   --------------
                                         166,154
Valuation allowance                     (166,154)
                                   --------------

Net Deferred Taxes                 $           0
                                   ==============

Income taxes at federal and state statutory rates are reconciled to the
Company's actual income taxes for the six months ended March 31, 2001 as
follows:


                                        March 31,
                                          2001
                                     --------------

Tax at federal statutory rate (34%)  $       1,132
State income tax (5%)                          166
Decrease in valuation allowance             (1,298)
                                     --------------

Income Tax Expense                   $           0
                                     ==============

                                       F-7
<PAGE>
                              NETWEB ONLINE.COM, INC.
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                         SIX MONTHS ENDED MARCH 31, 2001


NOTE  4      GOING  CONCERN  UNCERTAINTY

These financial statements are presented assuming the Company will continue as a
going  concern.  The  Company  has  no  established source of revenue, recurring
losses  from  operations,  negative  working  capital  and  stockholders' equity
deficiency.  This  raises  substantial  doubt about its ability to continue as a
going  concern.  Management's  plan  in regard to these matters includes raising
working  capital  to  assure  the Company's viability, through private or public
equity  offerings  and/or  debt  financing and/or through the acquisition of new
business  or  private  ventures.

NOTE  5      SUBSEQUENT  EVENTS

On April 4, 2001, the Company signed an agreement to acquire all of the
outstanding shares of Micro Bytes Computer Centers, Inc., a computer parts
retailer, in exchange for 120,476 common shares of the Company, with said
agreement to be closed on or around May 15, 2001.


                                      F-8
<PAGE>

Item  2.  Management's  Discussion  and  Analysis  or
          Plan  of  Operation.

PLAN  OF  OPERATIONS
--------------------

          Management's  current  business  plan  is  to  continue  to  seek  out
potential acquisitions of one or more companies with operating revenues, without
regard  to  specific  industry  sectors.  In  addition,  the  Company intends to
continue  to  seek financing in the form of equity, debt or strategic partnering
to  carry  out  its  business  plan  and  enhance  shareholder  value.


                                     PART II
                                OTHER INFORMATION

Item  1.    Legal  Proceedings.

            None

Item  2.    Changes  in  Securities  and  Use  of  Proceeds.

            On January 8, 2001 the Company issued 1,200,000 common shares to
a related party for loans due in the amount $10,000, and on March 12, 2001
holders of 13,940 preferred series I shares converted those shares into
41,820 common shares.


Item  3.    Defaults  Upon  Senior  Securities.

            None.

Item  4.    Submission  of  Matters  to  a  Vote  of  Security  Holders.

            None.

Item  5.    Other Information.

Changes In and Disagreements With Accountants on Accounting and Financial
Disclosure.

In April, 2001 the Board of Directors approved the engagement of
Ronald R. Chadwick, P.C. as its independent auditor for the fiscal year
ended September 30, 2001, to replace the firm of Sewell and Company, PA.
The decision by the Board of Directors to change accountants was based on a
contemplated acquisition and the accedence by the Board to use the
acquiree's auditor as the Company's independent auditor.

There were no adverse opinions, disclaimer of opinions, or modifications of
opinions as to audit scopes or accounting principles issued by Sewell and
Company, P.A. for the most recent fiscal year, its tenure as auditor.
Sewell and Company, P.A. did issue the Company a going concern paragraph on
its opinion dated November 30, 2000 for the Company's fiscal year ended
September 30, 2000. During the most recent fiscal year and subsequent
interim period there were no disagreements with the former accountants on
accounting principles or practices, financial statement disclosure, or
auditing scope and procedures.


Item  6.    Exhibits  and  Reports  on  Form  8-K.

A.          Exhibits

            -- Incorporated by reference.  Stock  Purchase  Agreement
between  NetWeb Online, Inc. as purchaser, and David W. Larry, sole
shareholder of Micro Bytes Computer Centers, Inc., Seller, dated
April 4th, 2001, filed with Information Statement on April 14, 2001.

            16.1 Response letter of Sewell and Company, P.A.

B.          Reports on Form 8-K

            There were no reports on Form 8-K during the six months ended March
31, 2001.

                                       4
<PAGE>
                                   SIGNATURES

     In  accordance  with  the  requirements of the Exchange Act, the registrant
caused  this  report to be signed on its behalf by the undersigned, thereto duly
authorized.


                                        NETWEB  ONLINE.COM,  INC.

                                        By  /s/  Harvey  Judkowitz
                                        -------------------------
                                        Harvey  Judkowitz
                                        Chairman  and  CEO
Date:  April 18, 2001

                                       5
<PAGE>


EXHIBIT 16.1

Former Accountants' response letter


Sewell and Company, PA
Certified Public Accountants

April 24, 2001

Office of the Chief Accountant
SECPS Letter File
Mail Stop 1103
Securities and Exchange Commission
450 5th Street, N.W.
Washington, D.C. 20549

This is to confirm that the client-auditor relationship between
NetWeb Online.Com, Inc. and Sewell and Company, P.A. has ceased, and that
during the past fiscal year and until the date our relationship with
NetWeb Online.Com, Inc. ceased, there were no material disagreements with
NetWeb Online.Com, Inc. on any matter of accounting principles or practices,
financial statement disclosure, or auditing scope or procedures.

We have read Item 5 on Form 10-QSB of NetWeb Online.Com, Inc., which will be
filed for the second quarter ended March 31, 2001, and we agree with the
statements contained therein with respect to us.

Very truly yours,

/S/Thomas E. Sewell
Thomas E. Sewell, CPA
SEWELL AND COMPANY, PA