UNITED STATES

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                   FORM 10-QSB

[X]      Quarterly report pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
                  For the quarterly period ended:  December 31, 1999

[ ]      Transition report pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
                  For the transition period from _______ to _________

                        Commission file number: 000-24001

                                   JVWEB, INC.

     (Exact name of small business issuer as specified in its charter)

                   Delaware                             76-0552098

      (State or other jurisdiction of                (I.R.S. Employer
       incorporation or organization                identification No.)

    5444 Westheimer, Suite 2080, Houston, Texas         77056
-------------------------------------------------     -------
    (Address of principal executive officer)           (Zip Code)

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 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 the past 90 days. Yes _X_No __

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS  DURING THE
PRECEDING FIVE YEARS

         Check whether the registrant  filed all documents and reports  required
to be  filed  by  Section  12,  13 or  15(d)  of  the  Exchange  Act  after  the
distribution of securities under a plan confirmed by a court Yes No ___

APPLICABLE ONLY TO CORPORATE ISSUERS

         The number of shares of common stock, $0.01 par value,
outstanding as December 31, 1999: 10,414,057 shares

Transitional Small Business Disclosure Format (check one): Yes__ No X


<PAGE>



                                JVWEB, INC.
                          PERIOD ENDED DECEMBER 31, 1999

                                      INDEX

PART I.  FINANCIAL INFORMATION
                                                                         Page

         Item 1.  Financial Statements

         Condensed financial statements of JVWeb, Inc.:

              Balance sheet as of December 31, 1999                        3

              Income statements for thethree months and six months
                  ended December 31, 1999 and 1998                         4

              Statements of stockholders' equity through December
                  31, 1999                                                 5

              Statements of cash flows for the six months ended
                     December 31, 1999 and 1998                            6

              Notes to financial statements                                7

         Item 2.  Management's Discussion and Analysis of Financial
                           Condition And Results of Operations             8

PART II. OTHER INFORMATION

         Item 2.     Changes in Securities and Use of Proceeds             9

         Item 6.     Exhibits and Reports on Form 8-K.                     9

                             (a)Exhibits


SIGNATURE                                                                  9


<PAGE>


PART 1.   FINANCIAL INFORMATION

Item 1.   Financial Statements

                                   JVWeb, Inc.

                                  Balance Sheet

                             As of December 31, 1999

                      ASSETS
<TABLE>

<S>                                                                                                     <C>
Cash                                                                                                    $   14,512
Accounts receivable                                                                                         50,328
Note receivable                                                                                             52,333

     Total Current Assets                                                                                  117,173

Office equipment and furniture (net of
     $2,580 accumulated depreciation)                                                                        1,910

Linksxpress.com, Inc. investment   60,000
Linksxpress.co.uk                                                                                          288,000
Investment in AMP3                                                                                         100,000
                 -                                                                                         -------

     Total Assets                                                                                      $  567,083
                                                                                                       ==========


      LIABILITIES & STOCKHOLDERS' EQUITY

Accounts payable                                                                                        $   71,793
Accrued interest                                                                                            15,883
Notes payable to related parties                                                                           359,223
                                                                                                           -------

     Total Liabilities                                                                                     446,899

Common stock, $0.01 par, 50,000,000 shares
     authorized, 10,414,057 shares issued and
     outstanding                                                                                          104,141
Paid-in capital                                                                                         1,888,960
Retained Earnings                                                                                      (1,872,917)
                                                                                                       ----------

     Total Stockholders' Equity                                                                           120,184
                                                                                                          -------

     Total Liabilities & Stockholders' Equity                                                          $  567,083
                                                                                                       ==========


</TABLE>
















                                       F-1


<PAGE>



                                   JVWeb, Inc.
                                Income Statements
          For the Three and Six Months Ended December 31, 1999 and 1998

<TABLE>
<CAPTION>

                                                    3 Months          6 Months         3 Months          6 Months
                                                      Ended             Ended            Ended             Ended
                                                     Dec. 31,          Dec. 31,        Dec. 31,          Dec. 31,
                                                       1999              1999            1998              1998


<S>                                                 <C>              <C>                <C>                 <C>
REVENUES                                            $  40,138        $  62,971
COST OF SALES                                          40,459           40,459

    Gross Margin                                         (321)          22,512

EXPENSES

    General & administrative                          325,243          576,221       $ 125,762          $ 305,043
    Depreciation                                           98              439             244                439

                                                      325,341          576,660         126,006            305,482

    Operating (Loss)                                 (325,662)        (554,148)       (126,006)          (305,482)

INTEREST INCOME                                         1,000            2,000
INTEREST EXPENSE                                     (  4,408)        (  8,942)


       NET LOSS                                     $(329,070)       $(561,090)      $(126,006)        $(305,482)


NET LOSS PER COMMON SHARE                           $(    .04)       $(    .06)      $(    .02)        $(    .04)

WEIGHTED AVERAGE COMMON
       SHARES OUTSTANDING                           9,716,057        9,626,057       7,894,160         7,497,080


</TABLE>






















                                       F-2


<PAGE>



                                   JVWeb, Inc.
                        Statement of Stockholders' Equity
                            Through December 31, 1999
<TABLE>
<CAPTION>

                                                                                                 Accumulated
                                                                                                  Deficit
                                                                                                  During the
                                                              Common Stock             Paid-in    Development
                                                      Shares            Amount          Capital      Stage              Totals

<S>                                                     <C>                <C>            <C>          <C>                  <C>
Shares issued at
    inception to founding
     shareholder for cash                           6,200,000         $  62,000        $   7,516                          $  69,516

Shares issued:
  for cash                                            700,000             7,000           48,000                             55,000
  for services                                        200,000             2,000           58,000                             60,000
  deposit on purchase
   of subsidiary                                       70,000               700          129,300                            130,000

Returnable shares                                                                       (130,000)                          (130,000)

Net (deficit)                                                                                            $(174,620)        (174,620)

Balances, June 30,
 1999 (Audited)                                     7,170,000            71,700          112,816          (174,620)           9,896

Shares issued:
    for cash                                          620,240             6,202          116,976                            123,178
    for services                                      358,860             3,589           66,454                             70,043

Shares returned from
    subsidiary purchase

      deposit                                      (   70,000)         (    700)             700

Fractional shares issued                               45,060               451         (    451)

Shares repurchased from

    founding shareholder                           (  150,000)         (  1,500)        (    900)                          (  2,400)

Net deficit                                                                                               (305,482)        (305,482)

Balance, December 31,
 1999 (Unaudited)                                   7,974,160         $  79,742        $ 295,595         $(480,102)       $(104,765)

</TABLE>

<PAGE>



                                   JVWeb, Inc.
                            Statements of Cash Flows
               For the Six Months Ended December 31, 1999 and 1998


<TABLE>
<CAPTION>

                                                                                      6 Months           6 Months
                                                                                        Ended              Ended
                                                                                    December 31,       December 31,
                                                                                        1999               1998

CASH FLOWS FROM OPERATIONS
<S>                                                                                    <C>               <C>
   Net deficit                                                                         $(561,090)        $(305,482)
   Adjustments to reconcile net
     deficit to cash provided
       from operating activities
         Depreciation                                                                        780              439
         Common stock issued for
           services                                                                      290,589            70,043
         Changes in:
           Accounts receivable                                                          ( 50,328)
           Write off of deposits on
           purchase of subsidiary                                                                           55,000
Net changes in:
           Employee advance                                                                                  2,550
           Inventory                                                                                      (  3,641)
           Prepaid legal expenses                                                         47,624            15,200
           Accounts payable                                                               31,926            11,956
     NET CASH USED BY OPERATING
         ACTIVITIES                                                                     (240,499)         (153,935)

CASH FLOWS FROM INVESTING ACTIVITIES
   Deposit on purchase of subsidiary                                                             ( 30,000        )
     NET CASH USED BY INVESTING
         ACTIVITIES                                                                              ( 30,000        )

CASH FLOWS FROM FINANCING ACTIVITIES
   Change in notes payable to founding
     shareholder                                                                         197,585            64,500
   Payments on note payable                                                             ( 24,927)          ( 1,250)
   Proceeds from notes payable                                                            20,000
   Issuance of common stock                                                               20,000           120,778
     NET CASH PROVIDED BY FINANCING
       ACTIVITIES                                                                        213,288           184,028

     NET INCREASE (DECREASE) IN CASH                                                    ( 28,221)               93
     CASH BEGINNING                                                                       42,733               412
     CASH ENDING                                                                       $  14,512         $     505
</TABLE>












                                       F-3


<PAGE>



                                   JVWeb, Inc.
                          NOTES TO FINANCIAL STATEMENTS


NOTE A - BASIS OF PRESENTATION

The accompanying  unaudited interim financial statements of JVWeb, Inc., a Texas
corporation  (`Company'),  have  been  prepared  in  accordance  with  generally
accepted  accounting  principles  and the rules of the  Securities  and Exchange
Commission ("SEC"), and should be read in conjunction with the audited financial
statements  and notes thereto  contained in the  Company's  latest Annual Report
filed  with  the  SEC  on  From  10-KSB.  In  the  opinion  of  management,  all
adjustments,  consisting of normal recurring  adjustments,  necessary for a fair
presentation of financial position and the results of operations for the interim
periods  presented  have been  reflected  herein.  The results of operations for
interim periods are not necessarily indicative of the results to be expected for
the full year.  Notes to the  financial  statements  which  would  substantially
duplicate the disclosure  contained in the audited financial  statements for the
most recent fiscal year,1999, as reported in Form 10-KSB, have been omitted.

NOTE B - ACQUISITION OF LINKSXPRESS.COM, INC.

On September 15, 1999, the Company acquired  500,000 shares of  Linksxpress.com,
Inc. in exchange for 150,000 shares of Company  stock,  valued at current market
price of $.40 per share.

NOTE C - ACQUISITION OF LINKSXPRESS.CO.UK

On      the Company acquired      shares of Linksxpress.co.uk in exchange for
600,000 shares of company stock, valued at current market value of $.48 per
share.








<PAGE>








                       MANAGEMENT DISCUSSION AND ANALYSIS

GENERAL DISCUSSION

Results from  operations for the first fiscal  quarter  ending 9/30/99  suffered
from a variety of unexpected setbacks. Primary to that involved the relationship
with Lernout and Hauspie, and the significant investment in AMP3.COM.

With Lernout and Hauspie,  despite a year-long  mutual courting of an agreement,
the support  that had been  promised  towards the  www.crisis-communications.com
program failed to materialize over the course of the quarter.  As a result, with
the exception of one significant opportunity that we hope will mature early next
year, management was unable to significantly capitalize on the marketing efforts
that  had been  opened  up  through  our New York  presence.  Significant  staff
reductions  within the L&H division that management was dealing with have caused
us to reach out to new  contacts  at L&H to further  the  relationship.  We have
opened  up  encouraging  dialogue  within  the U.S.  divisions  of L&H,  and are
continuing to pursue that relationship.

Therefore,  the focus of our  marketing  efforts  is being  re-directed  towards
capturing  marketing and on-line corporate  sponsorship  consulting  revenue for
clients and projects  generated by management.  Specifically,  for example,  our
www.ihomeline.com   joint  venture   represents   opportunities   for  corporate
sponsorships and joint marketing campaigns.

With  www.amp3.com,  the significant event for the quarter was their sponsorship
of the emerging  artist stage at Woodstock in July. That  sponsorship,  of which
JVWeb had been instrumental in supporting, was anticipated to catapult AMP3 into
a material  presence in the emerging digital music download,  or MP3,  Industry.
Although,  as of this time, that investment has not yet realized its anticipated
potential, management is optimistic that a return on that investment will occur.

On-going  efforts have  concentrated  on the following  areas: 1) continuing the
development of www.ihomeline.com. Management is anticipating a live simulcast of
the program will soon take place. Once this occurs, this will give the ihomeline
joint  venture a platform to  simultaneously  webcast and broadcast on the radio
programs   that  can  be   syndicated   into  a  variety  of  avenues.   2)  the
www.linksxpress.com investment.  Linksxpress has a strong management team and is
well-funded.  There are  proving  to be a number of  opportunities  for  synergy
between our two  organizations,  and we are presently in  negotiations  to fully
capitalize on those synergies.  Management is optimistic that those  discussions
will bring positive results. 3) In the hosting area, management has had a number
of meetings  with various GTE  representatives,  in order to fully  maximize our
co-location  facility in Phoenix.  At least two significant  proposals have been
issued in conjunction with GTE.  However,  none have yet resulted in significant
contracts,   although  some  minor  revenue  is  beginning  to  materialize.  4)
Considerable  energies have been applied in securing  additional joint ventures.
Management has striven to be prudent in securing good agreements with worthwhile
projects. As a result, although we continue to be in serious negotiations with a
variety of ventures, as of this time, no additional agreements have been signed.

For the future, management is consolidating its resources into the generation of
immediate  consulting  revenue.  Management  will also  continue to work towards
developing www.ihomeline.com, which is presently in a capital raising phase.

Management   has  recently  begun   exploring   various   business   combination
possibilities to create greater momentum for the company. No serious discussions
are underway at this time.  However,  management believes internet market forces
and  technology  changes  continue to rapidly  create new business  models,  and
challenge existing ones.  Therefore,  an alignment with a compatible entity with
additional resources could be a benefit.

PART II. OTHER INFORMATION


Item 1.  Legal Proceedings

      On or about  January 17, 2000,  the Company was served with a Summons with
Notice dated December 30, 1999 regarding a lawsuit  instituted by Louis Ferro, a
former  consultant  of the Company.  This lawsuit was  instituted in the Supreme
Court of the State of New York,  County of New York (Index No.  605883)  against
the Company and Greg J. Micek, a Director and the President of the Company. (The
Supreme  Court of the State of New York is the initial  level trial court of the
State of New  York.)  Under the  procedural  law of the  State of New York,  the
Summons  with  Notice  received  by the  Company  is not  required  to give much
information  regarding the specifics of the claims being  asserted,  and no such
specifics  were given.  However,  such Summons with Notice did indicate that the
nature of the action is breach of contract,  unjust  enrichment  and libel,  and
that Mr. Ferro is seeking  $1,042,132.89 (plus interest) in damages. The Company
otherwise had until about February 17, 2000 to answer this lawsuit; however, the
Company  procured an extension from Mr. Ferro's  counsel,  giving to the Company
the  right to file its  answer at any time on or prior to March  15,  2000.  The
Company  believes  that the  lawsuit is without  merit and that the  Company has
valid counterclaims  against Mr. Ferro, having values that will more than offset
any amounts Mr.  Ferro is likely to recover  against the  Company.  Accordingly,
unless  settled soon,  the Company  intends to answer this  lawsuit,  vigorously
defending against all claims asserted and asserting all available counterclaims.
Notwithstanding the preceding,  to avoid the excessive costs of litigation,  the
Company has reached a verbal, non-binding settlement with Mr. Ferro in which the
Company  would pay to Mr. Ferro an amount  extremely  small in comparison to the
amount sought by him. The ultimate  completion of this settlement depends on one
contingency,  the outcome of which is uncertain. As a consequence,  the ultimate
outcome  of  the  proposed  settlement  and  of  this  lawsuit  can  not  now be
determined.

Item 2.  Changes in Securities and Use of Proceeds

         For services  rendered and agreed to be rendered the Company granted to
a person providing services to the Company an option to purchase up to 1,000,000
shares of the Company's common stock at an exercise price of $.21 per share. The
issuance of the option is claimed to be exempt,  and the  issuance of the common
stock underlying the option will be claimed to be exempt, pursuant to Regulation
D under the Securities Act of 1933.

         On May 12,  1998,  the  Company's  Registration  Statement on Form SB-2
(Commission File No. 333-43379) was declared effective by the U.S Securities and
Exchange  Commission.  The  Company's  Quarterly  Report on Form  10-QSB for the
quarter ended March 31, 1998  contained a detail  discussion  of the  securities
registered by this  Registration  Statement.  This  discussion  remains true and
correct as of the end of the quarter  ended  December 31, 1999 except in certain
regards  discussed in the remainder of this paragraph.  First,  the Common Stock
and the Company's Class A Warrants ("Class A Warrants") have commenced  trading.
In addition, 10,240 Class A Warrants have been exercised, and proceeds from such
exercises in the aggregate  amount of $10,240 have been received by the Company.
All such proceeds have been used for general corporate purposes and were paid to
persons other than directors and officers of the Company and persons owning more
than 10% of any class of equity securities of the Company. Moreover, the Company
believes that LS Capital  Corporation has sold material numbers of the shares of
Common Stock and Class A Warrants previously owned by it.

Item 6.  Exhibits and Reports on Form 8-K

         (a)      The  following  exhibits  are filed  with  this  Quarterly
Report or are incorporated herein by reference:

                  Exhibit

                  Number            Description

                  10.1              Stock Purchase  Agreement dated December
                                    21,   1999   between   the  Company  and
                                    LinksXpress.com, Inc.

         (b)      Reports on Form 8-K

                                    SIGNATURE

         In accordance with the requirements of the Exchange Act, the Registrant
has duly  caused  this  Report to be signed  on its  behalf by the  undersigned,
thereunto duly authorized.

                                                     JVWEB, INC.
                                                     (Registrant)


                                                     By: /s/Greg J. Micek
                                                     Greg J. Micek,
                                                     President
                                                     (Principal Executive
                                                     Officer, Principal
                                                     Financial Officer and
                                                     Principal
                                                     Accounting Officer)

Dated: February 22, 2000



                                 EXHIBITS INDEX

  Exhibit

  Number             Description

10.1                       Stock Purchase  Agreement dated December 21, 1999
                                    between       the       Company      and
                                    LinksXpress.com, Inc.

27                Financial Data Schedule