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: September 30, 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
September 30, 1999: 9,640,557 shares

Transitional Small Business Disclosure Format (check one):   Yes         No   X_




<PAGE>



                                   JVWEB, INC.
                         PERIOD ENDED SEPTEMBER 30, 1999

                                      INDEX
<TABLE>
<CAPTION>

PART I.  FINANCIAL INFORMATION                                                                                      Page

         Item 1.  Financial Statements

         Condensed financial statements of JVWeb, Inc.:

<S>                                                                                                                 <C>
              Balance sheet as of September 30, 1999                                                                3

              Income statements for the three months ended September
                  30, 1999 and 1998                                                                                 4

              Statements of cash flows for the three months ended
                     September 30, 1999 and 1998                                                                    5

              Notes to financial statements                                                                         6

         Item 2.  Management's Discussion and Analysis of Financial
                           Condition And Results of Operations                                                      7

PART II. OTHER INFORMATION

         Item 2.     Changes in Securities and Use of Proceeds                                                     8

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

                             (a)Exhibits

SIGNATURE                                                                                                          8
</TABLE>



<PAGE>


PART 1.   FINANCIAL INFORMATION

Item 1.   Financial Statements

                                   JVWeb, Inc.
                          (A Development Stage Company)
                                  Balance Sheet
                               September 30, 1999


<TABLE>
<S>                                                                                       <C>
                                   ASSETS

Cash                                                                                $    25,924
Accounts receivable                                                                      10,833
Note receivable                                                                          51,333
Prepaid professional fees                                                                28,137
                                                                                         ------

     Total Current Assets                                                              116,227

Office equipment and furniture (net of
     $2,041 accumulated depreciation)                                                    2,349

iHomeline.com, Inc. investment                                                               0
Linksxpress.com, Inc. investment                                                        60,000
AMP3.com LLC investment                                                                100,000
                                                                                       -------

     Total Assets                                                                  $   278,576
                                                                                   ===========


      LIABILITIES & STOCKHOLDERS? EQUITY

Accounts payable                                                                  $    86,688
Accrued expenses                                                                       11,463
Note payable to an individual                                                          20,000
Notes payable to founding shareholder                                                 254,411
                                                                                      -------

     Total Liabilities                                                                372,562

Preferred stock, $0.01 par, 10,000,000
     shares authorized, no shares issued or
     outstanding
Common stock, $0.01 par, 50,000,000 shares
     authorized, 9,640,557 shares issued and
     outstanding                                                                      96,406
Paid-in capital                                                                    1,353,456
Retained deficit                                                                  (1,543,848)
                                                                                    -----------

     Total Stockholders' Equity                                                   (   93,986)
                                                                                   -----------

     Total Liabilities & Stockholders' Equity                                    $   278,576
                                                                                   ===========

</TABLE>







<PAGE>


                                   JVWeb, Inc.
                                Income Statements
             For the Three Months Ended September 30, 1999 and 1998

<TABLE>
<CAPTION>



                                                                                      1999      1998


<S>                                                                                 <C>                  <C>
REVENUES                                                                            $  22,833           $16,315

Operating Expenses
    General and administrative                                                        250,978           195,596
    Depreciation                                                                          341               195
                                                                                    ---------         ---------
                                                                                     (251,319)         (195,791)
                                                                                    ---------          ---------

    Operating (Loss)                                                                 (228,486)         (179,476)

Interest income                                                                         1,000
Interest(expense)                                                                    (  4,534)
                                                                                    ---------         ---------

Net (loss)                                                                          $(232,020)        $(179,476)
                                                                                    =========          =========


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

WEIGHTED AVERAGE COMMON
    SHARES OUTSTANDING                                                              9,460,557         7,261,638


</TABLE>


























<PAGE>


                                   JVWeb, Inc.
                            Statements of Cash Flows
             For the Three Months Ended September 30, 1999 and 1998


<TABLE>
<CAPTION>

                                                                                 1999                   1998
CASH FLOW FROM OPERATIONS
<S>                                                                               <C>                    <C>
  Net (loss)                                                                   $(232,020)            $(179,476)
  Adjustments to reconcile net loss to cash
provided from operating activities
         Depreciation                                                                341                   195
         Common stock for services                                                55,350                33,943
         Writeoff of deposit on purchase
           of a subsidiary                                                                              55,000
Changes in:
         Employee advances                                                        2,550
        Accounts receivable                                                     (10,833)
        Note receivable                                                          (1,000)
         Inventory                                                                                    (  3,641)
         Prepaid expenses                                                         19,487
        Accrued interest                                                           3,610
         Accounts payable                                                         39,790                 7,316
                                                                               ---------             ---------

   NET CASH USED BY OPERATING ACTIVITIES                                        (125,275)             ( 84,113)
                                                                               ---------              ---------

CASH FLOWS FROM INVESTING ACTIVITIES
Deposit on purchase of subsidiary                                                                      ( 30,000)
                                                                           -------------              ---------

   NET CASH USED BY INVESTING ACTIVITIES                                                               ( 30,000)
                                                                           -------------              ---------

CASH FLOW FROM FINANCING ACTIVITIES
  Change in notes payable
       to founding shareholder                                                    92,773
  Proceeds from notes payable                                                     20,000
  Payments on notes payable                                                     (  4,297)
  Issuance of common stock                                                      120,240
                                                                                ---------           ---------

   NET CASH FROM FINANCING ACTIVITIES                                            108,476               120,240
                                                                               ---------             ---------

   NET INCREASE (DECREASE) IN CASH                                              ( 16,799)             6,127

   CASH - Beginning of period                                                     42,723                412
                                                                               ---------          ----------
          - End of period                                                      $  25,924          $   6,539
                                                                               =========          =========


   DISCLOSURE OF NON-CASH TRANSACTIONS
    Issuance of 150,000 shares of Company
      common stock in exchange for 500,000
      shares of Linksxpress.com, Inc.                                         $  60,000



</TABLE>



<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  Form  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 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 the 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.



























<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 2.  CHANGES IN SECURITIES AND USE OF PROCEEDS

On September 15, 1999,  the Company  exchanged  150,000  shares of the Company's
common stock for 500,000  shares of common stock of  Linksxpress.com,  Inc. This
issuance is claimed to be exempt pursuant to Regulation D under the Act.

         On July 22,  1999,  the Company  agreed to issue to a person  providing
accounting  services  to the  Company  an  aggregate  of  50,000  shares  of the
Company's common stock for an aggregate purchase price of $20,000. This issuance
is claimed to be exempt pursuant to Regulation D under the Act.

         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  September 30, 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.



<PAGE>







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:
<TABLE>
<CAPTION>

                  Exhibit
                  Number            Description


<S>               <C>                  <C>
                  10.1              Agreement dated September _____, 1999 between the Company and LinksXpress.com, Inc.
                  10.2              Stock  Option  Agreement  dated  September ___,  1999  executed  by  the  Company  in  favor  of
                                    LinksXpress.com, Inc.
                  10.3              Stock Option Agreement dated September __,  1999 executed by  LinksXpress.com,  Inc. in favor of
                                    the Company
                  10.4              Warrant dated September _____, 1999 executed by LinksXpress.com, Inc. in favor of the Company
                  27                Financial Data Schedule
</TABLE>

         (b)      Reports on Form 8-K

            None

                                    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: November 19, 1999



                                 EXHIBITS INDEX
<TABLE>
<CAPTION>

  Exhibit
  Number             Description


<S>                   <C>
10.1              Agreement dated September _____, 1999 between the Company and LinksXpress.com, Inc.
10.2              Stock Option Agreement dated September _____,  1999 executed by the Company
                    in favor of  LinksXpress.com,  Inc.
10.3              Stock Option  Agreement dated September _____,  1999  executed by  LinksXpress.com,  Inc.  in favor of the Company
10.4              Warrant dated September _____, 1999 executed by  LinksXpress.com,  Inc. in favor
                    of the Company
27                Financial Data Schedule
</TABLE>