May 11, 1998

Dear Ken,

It was a pleasure talking to you today. I confirm my order for the Cartier American Tank (#913 on your web site). It should be sent to me at home.

I shall send you a check for $3,925 including shipping and insurance. In due course I will select a new strap from Cartier and send you the bill for reimbursement as agreed.

I must compliment you on your web site, which is one of the best that I have seen. It is informative, easy to use, and well designed. I am sure as electronic marketing grows, you will do very well by it. By the way, I am glad to hear that you are holding on to your AT&T stock!

Regards,

William Bangert
Chester, NJ