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To: TLindt who wrote (599)	12/10/1998 11:56:00 PM
From: Marc	Respond to of 20297

Good article on e-bills. usbanker.faulknergray.com Sorry I don't know how to hotlink it, but it is worth reading. Marc

To: TLindt who wrote (599)	12/11/1998 1:52:00 AM
From: chirodoc	Respond to of 20297

so orcl is now an internet ecommerce company and eds is also ......or at least it could be read the news: new head of eds from cable and wireless--international teleco! quite a group of partners, orcl, eds, this is getting better all the time! EDS names Richard Brown new CEO Cable & Wireless veteran dubbed 'the ideal executive' By Khanh T.L. Tran, CBS MarketWatch Last Update: 8:03 PM ET Dec 10, 1998 NewsWatch PLANO, Texas (CBS.MW) -- Electronic Data Systems Corp. announced Thursday that after a four-month-long search Richard H. Brown, CEO of Cable & Wireless and a 25-year veteran of the telecommunications industry, will become the company's new chairman and chief executive. Breaking News Wall Street gets profit jitters Oracle tops profit target Chip slip clips tech stocks Corporate Europe isn't 'euro ready' Aetna to buy Prudential's health unit More top stories... CBS MarketWatch Columns Updated: 12/10/98 6:34:10 PM ET Brown is to replace Les Alberthal on Jan. 15 to become the information technology services company's third chairman and CEO since its founding in 1962 by H. Ross Perot, the two-time U.S. presidential candidate. "As CEO of Cable & Wireless, [Brown] was remarkably effective in revitalizing and repositioning the company as a global telecommunications leader," said James A. Baker III, chairman of the EDS board's governance committee. "Dick truly is the ideal executive to lead EDS into the next century." During his two-year reign at London-based Cable & Wireless (CWP), Brown negotiated 21 deals valued at more than $20 billion, including overseeing the purchase of MCI's entire Internet backbone and client base, EDS said in a statement. In addition to Alberthal, who announced his retirement last August but stayed with the company till his successor was found, Vice Chairman Gary Fernandes will be leaving EDS at the end of the year. EDS recorded a charge of $36.7 million, or 5 cents per share, related to Alberthal's retirement in the third quarter. Earlier this month, the company said it will take a charge of 2 cents per share in connection with Fernandes' departure. See related story. Alberthal took the helm of EDS after Perot stepped down in 1986, two years after General Motors (GM) bought the company for approximately $2.5 billion. EDS became an independent company again when it split off from General Motors in 1996. Shares of EDS (EDS) fell 13/16 to close at 40 3/4 Thursday, ahead of the CEO announcement