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To: HG who wrote (87340)	12/14/1999 11:08:00 AM
From: H James Morris	Read Replies (1) \| Respond to of 164684

<<Sold WHIT @58 >> Me too. I looked at the deal last night and I didn't like it. Whit's financials look great, while USWB looks terrible. Why USWB comes out as the majority shareholder is beyond me. I guess in this new economy the company with the losses, wins out over the one with the profits. Go figure that out. I can't!! <<Burt Young, who would be chief financial officer, called the financial position of the new company very strong, with over $1 billion in annualized revenues, $300 million in cash and no debt on the books. "This has got tremendous financial capabilities," Young, currently chief financial officer at Whittman-Hart, said on the conference call. The main headquarters of the merged company would be in Chicago, with executive offices also maintained in California in close proximity to Silicon Valley, executives said. Total employees would be more than 8,000. Whittman had profit of $21.3 million on revenue of $342.7 million in the first three quarters of the year while USWeb/CKS had losses of $118 million on revenue of $324 million. 18:56 12-13-99