COVENANT NOT TO COMPETE

         THIS COVENANT NOT TO COMPETE (the "Agreement") is made and entered into
this  _____  day  of  May,  2000  by  Steve  Naremore  ("Seller")  in  favor  of
eonthestreet.com, Inc., a Delaware corporation ("Purchaser").

                                                      Recitals:

         WHEREAS, pursuant to an Asset Purchase Agreement and Assignment of even
date herewith by and among Seller,  Purchaser and JVWeb,  Inc. (the  "Company"),
Seller sold to  Purchaser  all of the assets (the  "Assets")  planned to used by
Seller  in  connection  with a site  on  the  World  Wide  Web  currently  under
development that proposes to use the domain name "www.discoverystocks.com"; and

         WHEREAS,  in consideration of such sale, the Company agreed to issue to
Seller an  aggregate  of  200,000  shares of the  Company's  common  stock  (the
"Shares"); and

         WHEREAS,  Seller agreed to enter into this Agreement in connection with
the sale of the Assets,  and Purchaser  would not have purchased the Assets from
Seller and the  Company  would not have  issued to Seller the Shares but for the
execution and delivery of this Agreement;

                                                     Agreement:

         NOW THEREFORE,  for and in consideration of the above premises, and for
and in consideration of the mutual promises  hereinafter  contained,  Seller and
Purchaser hereby agree as follows:

         1. Covenant Not to Compete.
            -----------------------

         In further  consideration of the Company's  issuance of the Shares, and
other  independent  valuable  consideration  (the receipt of which Seller hereby
acknowledges), Seller agrees as follows:

                  (a) For a period  of five  (5)  years  from  the date  hereof,
         Seller  shall  not  directly  or  indirectly,  acting  alone  or in any
         capacity with any other  business  entity:  (i) engage  anywhere in the
         world in a  subscription-based,  Internet-related  financial newsletter
         business or  publication  that  derives any portion of its  revenues by
         promoting  publicly  traded  companies  on a fee basis,  Seller  hereby
         acknowledging  that the business that Purchaser  intend to conduct with
         the Assets is expected to be  worldwide  in  geographical  scope;  (ii)
         solicit,  deal,  negotiate,  enter  into an  arrangement,  contract  or
         attempt to do any of the  foregoing,  in any respect  pertaining to the
         financial  newsletter  business as described in Section  1(a)(i) above,
         with any person who becomes a customer of Purchaser with respect to the
         Assets during the  five-year  period of this  Agreement,  or attempt to
         cause any such  person not to  continue  with  Purchaser  its  business
         relationship with Purchaser;  or (iii) disclose to any person, firm, or
         corporation any trade secrets, proprietary data or any details relating
         to the methods of operation  that Seller  proposes to use in connection
         with  the  proposed  business  to be  conducted  with  the  Assets,  or
         otherwise attempt to take any form of advantage of such information.

                  (b) Notwithstanding the foregoing provisions,  Seller shall be
         permitted  to own up to  five  percent  (5%)  of  the  publicly  traded
         securities,  whose  securities are  registered  under Section 12 or who
         file reports  under  Section  15(d) of the  Securities  Exchange Act of
         1934,  of any company that is in the financial  newsletter  business as
         described in Section 1(a)(i) above.

                  (c) Seller hereby  specifically  acknowledges  and agrees that
         the temporal and other restrictions  contained in (a) immediately above
         are  reasonable  and necessary to protect the business  that  Purchaser
         intends to conduct  with the Assets,  and that the  enforcement  of the
         provisions of this section will not work an undue hardship on him.

                  (d)  Seller  further  agrees  that  in the  event  either  the
         duration,  geographical  scope,  or any other  restriction,  or portion
         thereof,  set  forth  in (a)  immediately  above  is held to be  overly
         restrictive and  unenforceable in any court  proceeding,  the court may
         reduce or modify such  restrictions to those which it deems  reasonable
         and enforceable  under the circumstances and the parties agree that the
         restrictions  of (a)  immediately  above will  remain in full force and
         effect as reduced or modified.

                  (e) Seller further agrees and acknowledges that Purchaser does
         not have an adequate remedy at law for the breach or threatened  breach
         by him of the covenants  contained in (a) immediately above, and Seller
         therefore  specifically  agrees  that  Purchaser,  in addition to other
         remedies  which may be  available to it  hereunder,  may file a suit in
         equity to enjoin Seller from such breach or threatened breach.

                  (f) Seller further agrees,  in the event that any provision of
         (a)  immediately  above is held to be invalid or against public policy,
         the remaining  provisions of (a) immediately above and the remainder of
         this Agreement shall not be affected thereby.

         2. Miscellaneous.  THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF DELAWARE.  This Agreement  embodies the
entire  agreement and  understanding  between the parties hereto with respect to
the subject matter hereof and supersede all prior agreements and understandings,
whether written or oral,  relating to the subject matter hereof.  This Agreement
shall be binding  upon and shall inure to the  benefit of each party  hereto and
his or its respective successors, heirs, assigns, and legal representatives, but
neither this  Agreement  nor any rights  hereunder  may be assigned by any party
hereto without the consent in writing of the other party. No remedy conferred by
any of the specific  provisions of this Agreement is intended to be exclusive of
any other remedy,  and each and every remedy shall be cumulative and shall be in
addition to every other remedy given  hereunder or now or hereafter  existing at
law or in equity or by statute or  otherwise.  The  election  of any one or more
remedies  by any  party  hereto  shall not  constitute  a waiver of the right to
pursue other available remedies.

         IN WITNESS  WHEREOF,  the parties  hereto have executed this  Agreement
effective as of the date and year first hereinabove written.

                                    "SELLER"



                                    /s/ Steve Naremore
                                   ---------------------------------------------
                                    Steve Naremore

                                   "PURCHASER"

                                   EONTHESTREET.COM, INC.



                                   BY:  /s/ Jordan Ness
                                   --------------------------------
                                   Jordan Ness, President