Enron Mail

From:wilson.kriegel@enron.com
To:jeff.skilling@enron.com, kenneth.lay@enron.com, mike.mcconnell@enron.com,jay.fitzgerald@enron.com
Subject:Global eBusiness
Cc:greg.whalley@enron.com, tspiller@enron.com, greg.piper@enron.com,bruce.garner@enron.com, stephen.horn@enron.com, kevin.garland@enron.com, marty.sunde@enron.com, jeff.harbert@enron.com, ellen.fowler@enron.com, drew.ries@enron.com, jayshree.desai@enro
Bcc:greg.whalley@enron.com, tspiller@enron.com, greg.piper@enron.com,bruce.garner@enron.com, stephen.horn@enron.com, kevin.garland@enron.com, marty.sunde@enron.com, jeff.harbert@enron.com, ellen.fowler@enron.com, drew.ries@enron.com, jayshree.desai@enro
Date:Wed, 15 Mar 2000 10:24:00 -0800 (PST)

Dow wows Wall Street
The Dow Jones industrial average catapulted Wednesday, posting its biggest
point gain since October
1998, as investors dumped high-flying technology stocks, replacing them with
unloved drug makers and financials. Click
here for full CNNfn coverage.
http://www.cnnfn.com/news/specials/eyes_on_market/

FreeMarkets in $325M deal E-business auctioneer buys online
used-equipment, inventory marketplace
Online business auctioneer FreeMarkets Inc. announced on Wednesday that it
will acquire privately held iMark.com, which
operates an online surplus marketplace, for $325.1 million in stock.
Through the deal, FreeMarkets (FMKT: Research, Estimates) aims to be a
leader in the business-to-business
online surplus asset space by combining its online auction business with
iMark.com's focus on surplus equipment and
inventory.
http://www.cnnfn.com/2000/03/15/deals/wires/freemarkets_wg/

Phillips buys Arco assets
Phillips Petroleum Co. agreed Wednesday to purchase Atlantic Richfield Co.'s
oil-producing assets in
Alaska for roughly $7 billion, clearing away a major concern of federal
officials
who had sought to block BP Amoco's $27.1 billion buyout of Arco for
antitrust reasons.
http://www.cnnfn.com/2000/03/15/deals/arco/

Sema buys LHS for $4.7B
Computer services company Sema agreed to buy Atlanta-based LHS Group
Wednesday, in a $4.7 billion
stock deal aimed at boosting Sema's reach into the booming mobile
communications and Internet services market.
http://www.cnnfn.com/2000/03/15/europe/sema/

AEP merger deal approved Federal regulators OK AEP deal to
create nation's largest utility company
Federal regulators Wednesday ended years of wrangling and approved the
merger of American Electric Power Co. Inc. and
Central and South West Corp., creating an electric mega-utility supplying
power to millions in 11 states from Michigan to Texas.
The merger will create the nation's largest electric utility based on
generating capacity.
The combined company, to be called American Electric Power, will control
38,000 megawatts
of generation or about five percent of total U.S. capacity.
http://www.cnnfn.com/2000/03/15/deals/wires/utility_wg/

eBay enters B2B fray
eBay launched a new exchange Wednesday featuring such items as office
equipment, computers, software
and other tools aimed at small businesses.
http://www.cnnfn.com/news/technology/

Robertson chairman resigns Investment firm Robertson Stephens
chairman McCaffrey leaves in September
Robertson Stephens announced on Wednesday that its chairman, Mike McCaffery,
will leave the
investment firm in September to manage Stanford University's $7.9 billion
investment portfolio.
In January, McCaffery, 46, was promoted to chairman, a position created for
him, after six years as
chief executive at the growth-oriented investment bank that focuses on the
technology sector.
http://www.cnnfn.com/2000/03/15/companies/robertson/

Inference and WellBid Explore Ways to Provide Knowledge Management
and e-Business Solutions to the Oil and Gas Industry
WellBid Looks to Extend Its Use of Inference k-Commerce Support Technology
Beyond Web-based
Self-Service Customer Support
Inference Corp. (Nasdaq:INFR - news), a leading provider of personalized,
one-to-one sales, service and
support solutions over the Web and WellBid, Inc., the leading provider of
online procurement solutions for
well-related oil and gas activity, announced today at the E-Commerce: Oil
and Gas -- Realities and Lessons
Learned conference in Houston that the companies have signed an agreement to
evaluate the development,
marketing, integration and distribution of knowledge management and
e-Business solutions for the exploration
and production (E&P) sector of the oil and gas industry.
http://biz.yahoo.com/bw/000315/tx_inferen_1.html

pennNET Unveils Oil & Gas Journal Exchange at Houston E-Commerce Show
Context Integration Plays Pivotal Role in Building B2B Exchange For Oil and
Gas Industry
pennNET (www.pennNET.com), a leader in creating secure, reliable
e-marketplaces for business professionals
in critical global markets, today announced that Context Integration
(www.context.com), has
completed the integration of back-end auction technology into pennNET's Oil &
Gas Journal Exchange site (www.OGJExchange.com).
As a leading Internet professional services firm, Context Integration
designed, developed and deployed a seamless
integration between Ariba's Market Suite(TM), a leading-edge application
which provides dynamic pricing,
and Oil & Gas Journal Exchange's existing user interface and rich content.
The solution makes pennNET's
flagship e-commerce hub, Oil & Gas Journal Exchange, the first fully
Web-enabled producing property auction
for the oil and gas industry.
http://biz.yahoo.com/bw/000315/ca_pennnet_1.html

DownstreamEnergy.com Launches E-commerce, Online Community Portal
for Refined Petroleum Products Industry
- DownstreamEnergy.com has launched its business-to-business Internet
solution for the refined
products energy industry. This new e-commerce portal will give wholesalers
and suppliers real-time product
pricing, aggregated market information, historical market analysis, two-way
communication, excess inventory
marketability, and true integration of pricing and inventory data into
internal scheduling and accounting systems via the desktop.
DownstreamEnergy.com's ``Integrated Information Online'' portal will build an
e-business community where
both suppliers and wholesalers benefit from decreased transaction completion
time, lower communications costs,
increased liquidity, enhanced transaction efficiency and inventory
management capabilities, and expanded
cost-effective marketing capabilities.
http://biz.yahoo.com/prnews/000315/tx_downstr_1.html

Energy Argus Inc. to Carry Earthsat Corp. Weather Information Tailored
for the Electricity Trading Community
Energy Argus Inc. has entered into an agreement with
Earthsat Corp. to publish weather information tailored to the electricity
trading community.
Earthsat, in cooperation with Energy Argus has developed a set of temperature
forecasts for the various
power trading regions around the country. The forecasts use
population-averaging and departures from normal
to deliver an accurate indication of temperature impact on electricity
demand in Cinergy, Entergy, PJM, New
England, New York, TVA, ERCOT, ComEd, MAIN, MAPP and WSCC. All the
information is displayed on one page,
enabling traders to gauge weather impact on power prices at one glance.
http://biz.yahoo.com/prnews/000315/md_energy__1.html

Made2Manage Systems Brings VerticalNet Manufacturing Content to
Customers Through New m2mEport.com Web Site
New Collaboration Provides Small and Midsize Manufacturers the Ability to
Research and Locate Tools and Industry
Information that Meet Their Exact Specifications
As part of its ongoing strategy to provide small and midsize enterprises with
the tools and resources previously available
only to larger manufacturers, enterprise business system provider Made2Manage
Systems, Inc. announced today at National
Manufacturing Week that it has partnered with VerticalNet, Inc. to power
sections of the Marketplace Center within its new
m2mEport.com Web site. Made2Manage will make available three VerticalNet
Manufacturing and Metals vertical
business-to-business market communities on its m2mEport.com Web site.
These include: machinetoolsonline.com, metrologyworld.com, and
toolingonline.com
http://biz.yahoo.com/prnews/000315/in_made2ma_2.html

InSITE SERVICES Secures Funding From Leading Venture Capital Firm;
Greystone Capital Leads Second-Round of Funding
InSITE SERVICES LLC, the pioneering application service provider that fosters
next-generation utilities through strategic, customer-focused, and
Web-enabled billing solutions, announced
today the successful completion of second-round funding from Atlanta-based
Greystone Capital Group, LLC.
http://biz.yahoo.com/prnews/000315/ny_insite__1.html

Iridium satellites may go down in flames
Iridium, a U.S. satellite telephone company operating under bankruptcy
protection, is on the verge of one
of the most spectacular business flameouts ever--literally set to burn up
billions of dollars' worth of
Earth-orbiting assets. Barring the last-minute arrival of a qualified
buyer, the company plans to begin
"de-orbiting" the 66 satellites that make up the world's first low-orbit
system for wireless telephone service.
That means the first global satellite telephone network--variously reported
to have cost $5 billion to $7
billion--would be vaporized as its satellites, bumped by their thrusters,
plunge from 485 miles (781 km)
above the Earth to burn up over the ocean.
http://news.cnet.com/news/0-1004-200-1573481.html?tag=st.cn.1.lthdne

Online stock trading goes wireless
Add online stock trading to the list of Web activities soon to be untethered.
Online brokerages Suretrade and Quick & Reilly plan to offer trading over
wireless devices as early as next week, joining an elite
group of e-tailers and brokerages that are positioning themselves in
anticipation of widespread wireless Internet access.
Both online discount brokers, subsidiaries of FleetBoston Financial, will
offer wireless trading services in
three ways: through Palm Computing's Palm III, V, and VII devices; over
cellular phones with Internet
capability; and via pagers manufactured by Research in Motion (RIM).
http://news.cnet.com/news/0-1007-200-1573506.html?tag=st.ne.ron.lthd.1007-200-
1573506

E-commerce firms hip to B2B before it was hot
Business-to-business e-commerce is all the rage these days, but a few
consumer e-commerce companies such as eBay
entered the market before it was hot. The leading auction house opened a
small-business exchange today
where companies can buy everything from computer printers to nail guns. But
the move is more of a change in marketing
than a sudden shift in focus, analysts say. Business trades have been
quietly happening on eBay for some time, and its
format inspired many of the exchanges that have cropped up, such as
AutoExchange and Chemdex.
http://news.cnet.com/news/0-1007-200-1573358.html?tag=st.ne.ron.lthd.1007-200-
1573358

NetTrends: Battle of the E-Marketplace
Everybody wants to be a marketplace.
In sectors from cars to chemicals to food ingredients, companies are trying
to join all of
the participants into Internet-based markets for their industries in hopes
of making businesses more efficient.
In some cases, they're taking the idea a step further, setting up virtual
markets that
collect fees for all of the goods traded, creating what they hope are highly
valued companies in the process.
Agricultural giant Cargill was the latest to join the trend, creating a
market for the $300 billion food industry this week. The Big
Three automakers recently launched a combined e-commerce venture for auto
parts ordering that they said would handle $500
billion in parts ranging from glass to semiconductors.
http://www.mercurycenter.com/svtech/news/breaking/internet/docs/321401l.htm

Telmex, Microsoft to launch Web portal for Spanish-speakers
Mexican businessman Carlos Slim, Latin America's richest man, will March 21
meet the world's wealthiest,
Microsoft Corp. Chairman Bill Gates, to launch a Web portal aimed at
Spanish-speakers from Canada to Patagonia.
The entrepreneurs will launch the Internet site ``T1'' from Miami, Florida, a
source close to the organisation committee
told Reuters Wednesday.
http://www.mercurycenter.com/svtech/news/breaking/merc/docs/012407.htm

Allegis CEO Says Partner Relationship
Management Is an Essential B2B eCommerce Enabler
META Group Says 90 Percent of Global 2000 Companies Will Participate In
Partner Relationship
Management Communities by 2003/4
At the Credit Suisse First Boston etc.2000 eBusiness Technology Conference
today, Allegis Corporation
president and CEO Dennis Ryan addressed an elite group of investors and
research analysts interested in learning
more about a new category of business-to-business ecommerce enabling
solutions called Partner Relationship Management (PRM).