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Deloitte Consulting. An open letter

September 2000

‘Internet Consulting Companies Disappear from IPO Calendars’ – Thestreet.com Sept 12 2000
‘Web Consulting Firms Slammed by Wall Street’ – Yahoo.com Sept 1 2000
‘Internet Consultants Get Whacked’ – CBS.Marketwatch.com Sept 1 2000

An open letter from Deloitte Consulting to all employees of Pure Play Internet Consulting Firms.

 Recent business headlines have highlighted the precipitous decline in the share price of Internet consulting firm stocks. Deloitte Consulting, on the other hand, has become the world’s forth largest consulting firm by building a foundation based on strength, stability and innovation. While others have grabbed the headlines by taking a ride into the dot.com world, we have been quietly and steadily building a powerhouse e-Business consulting practice. Did you know Deloitte Consulting:

·        Has completed nearly 1000 e-Business engagements, primarily focused on today’s and tomorrow’s Global 2000 companies.

·        Has racked up 149 consecutive quarters of profitability

·        Was the fastest growing major consulting firm in 1999

·        Recently implemented an innovative, worldwide compensation and rewards system that includes v-unit awards, which are linked to our pre-IPO and strategic alliance investments

At Deloitte Consulting, we have always focused our attention on our clients and our people. While the stock market gyrates, we have concentrated our efforts on translating the hype of e-Business into the reality of sustainable business results.

If you are tired of watching the value of your stock options rise and fall like a roller coaster, then think about joining an innovative firm with a rock solid foundation. Think about Deloitte Consulting – we’re in it for the long haul. Visit us today at www.dc.com to learn more about the Deloitte Consulting Family. 

Douglas McCracken – CEO, Deloitte Consulting