THE WELCH COMPANY
440 Davis Court #1602
San Francisco, CA 94111-2496
415 781 5700



May 3, 2000

03 00050 61 00050301




Mr. Jack Park
jackpark@thinkalong.com
Street address
Palo Alto, CA Zip

Subject:   Proposal for DKR and SDS

Dear Jack,

Thanks very much for your ideas on moving ahead with the DKR project. I sent Eric a letter asking him to call about a proposal for using SDS as the core capability of knowledge management. I have not yet heard from Eric, but hope to visit with him soon.

The basic elements, phasing, time and business issues are set out in the record of the discussion between you and I earlier today.

My feeling is that preliminary ground work should be done on receptiveness by key people in advance of a formal filing. Please let me know what you think, when time permits.

Sincerely,

THE WELCH COMPANY



Rod Welch
rowelch@attglobal.net