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Greg,
E-commerce related proposal from Dale Nesbitt. Vince ---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 05/16/2000 10:02 AM --------------------------- "Dale Nesbitt" <dale.nesbitt@altosmgmt.com< on 04/06/2000 01:47:15 AM To: <vkamins@enron.com< cc: Subject: MarketPoint Business Plan Summary Vince: Thanks very much for your interest in our MarketPoint product, and thanks for the hour you gave me this morning. As promised, I am enclosing our executive summary and first chapter from our business plan for you to take forward to your management as a prospective Enron-MarketPoint investment collaboration. I want to reiterate that should Enron elect to be the lead investor here, you will be exclusive in your industry if you want. If Enron wants to be the lead and ensure the entire second round of resources we need, we would not offer and investment opportunity to other trading companies, pipelines, or electrics until the third or subsequent rounds and then only with your participation as a MarketPoint board member. I am aware you have coinvested with SAP in the past and that you might want to coinvest with them again. I presume you would not have a problem with non-competitors such as EPRI, our management consulting service provider partner, or our VC partner (but I would want guidance from you in this arena). I think you would find our VC partner very suitable and very attractive. They have done several interesting energy and trading plays, and they would provide good management skills I believe. I hope we can move forward together. I am looking forward to a positive response. Thanks again and best regards. Dale Nesbitt PS: You might hear from Drew Ries of your Investments group. I spoke with him after speaking with you about many of the same issues. - longexecsum.DOC
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