THE WELCH COMPANY

440 Davis Court #1602

San Francisco, CA 94111-2496

415 781 5700








September 8, 1998                                                                    03 00050 61 98090804



Ms. Mary Ann Malinak
Vice President
Growth and Development
M Squared, Inc.
235 Montgomery Street, Suite 760
San Francisco, CA  94104-2910

Subject:  Communication Metrics
                 Delivers "Intelligence" via Internet

Ref:   a. Welch letter to PMI July 30, 1998
          b. Mary Ann's call on July 22, 1998

Dear Mary Ann,


First, did your ad run in the PMI Newsletter?  Your

request on July 22
was submitted to Bill DeHart, and I

spoke to him
about it on July 28, 1998.




Second, I would like to hear about your work with consultants, based on

your advertisement
submitted to PMI. I have a new kind of service that
provides "intelligence" for business.
It can be implemented through consultants, and is explained on my

web site.
You can get the idea by clicking on the links in this letter.




Sincerely,


THE WELCH COMPANY






Rod Welch