Enron Mail |
Dear David,
Jeff will see your e-mail later today and will respond to your first question as soon as possible. In the meantime, I'm attaching Jeff's current bio in response to your second question. Regards, Sherri Sera Assistant to Jeff Skilling 713.853.5984 713.646.8381 (fax) sherri.sera@enron.com David V. Porter@EES 10/03/2000 12:10 PM To: Jeff Skilling/Corp/Enron@ENRON cc: Subject: Enron Online Bid/Ask spread question Hello Jeff, I submitted a question that didn't get answered at the meeting. I was hoping you could respond. We routinely see citizens of a country hold an "inferior" currency despite the presence of superior alternatives. The incumbent currency has a smaller bid/ask spread, and a network externality locks-in the inferior currency. Volume creates lower spreads and lower spreads in turn attract more volume, conferring a monopoly status on the incumbent currency. Do you think that Enron Online is taking advantage of a similar network externality? How do our bid/ask spreads compare to the alternatives available to our competitors? Do we stand willing to match our competitors bid/offer? A final note: I was curious to learn what you did to become so successful. Is there a place where your biography or resume is posted? Thanks in advance, David Porter.
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