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Technology Stocks : USWeb (USWB) -- Ignore unavailable to you. Want to Upgrade?

To: Trader Dave who wrote (706)	4/11/1999 11:24:00 AM
From: CalC	Read Replies (1) \| Respond to of 1188

Where are we going to close tomorrow?

To: Trader Dave who wrote (706)	4/12/1999 6:51:00 AM
From: Darren DeNunzio	Respond to of 1188

Dave, you are correct. USWeb did amend their 10-Q for the quarters ending 6/98 and 9/98, after some discussions with the SEC. USWeb reclassified a portion of the value of warrants granted to NBC Multimedia Inc. As a result, the adjusted valuation reflect an increase in USWeb's net loss for the 3 and 6 month periods ending 6/98, of $3.1 million, and a decrease in net loss for the 3 and 9 months ending 9/98, of $7.3 million and $4.2 million, respectively. USWeb, with the concurrence of their independent accountants, said that the original accounting was in accordance with generally accepted accounting principals, and would accept the SEC staff's view with respect to these matters.