Yes, but the flaw in that reasoning is that lack of
article does not
mean lack of notability. In most cases it's probably just that no one
can be bothered writing the article. I normally agree that it's much
preferable to link to the article about the website - but if there's
no article, do you redlink, weblink, or not link? The idea of creating
12 stubs about websites of perhaps borderline notability makes my
stomach churn.
If there is no article, but the website is notable, you have a choice
of redlinking, or making a stub. Either is good.