Re:

Thanks. Remind me to tell you the story of the time that I was on a panel
with him. Yours is the most succint description of him that I've heard to
date. Was curious whether his rant was getting any traction with people that
matter. Sounds like it isn't.

Tim Belden@ECT
10/19/2000 05:36 PM

To: Jeff Dasovich/Na/Enron@ENRON
cc:
Subject: Re:

I don't know if you know the history behind McCullough. He is a consultant
who primarily advises industrial loads. He advised his customers that prices
were going down and that they should go on index based tariffs rather than
fixed-price tariffs. Needless to say, his advise cost his customers a great
deal of money. Notable examples are Bellingham Cold Storage and Georgia
Pacific in Puget Sound Energy's service territory. Rather than acknowledge
that he was wrong, Robert is on a witch hunt. His data is bad, his analysis
is horrible, he lies with numbers but does a good job being pompous and
putting together flashy power point presentations. I have not heard of
anybody agreeing with him, including the NWPPC, CEC, CAISO, CAPX. He is a
loud entertaining speaker, so I am sure that he will continue to get coverage.

From: Jeff Dasovich@ENRON on 10/19/2000 05:24 PM CDT
Sent by: Jeff Dasovich@ENRON
To: Tim Belden/HOU/ECT@ECT
cc:
Subject:

Have there been any more reactions to the presentation that McCullough made
at the "volatility conference" in Portland last week?