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Enron Mail |
Mark, I understand we need to act very quickly once we have turned you loose
to price the swap. I think this is a Harris and Nelson call, so lets talk tomorrow. I'll look at the contracts again to verify our risks in locking in before we are 100% sure we are going ahead with the project. DF Mark Knippa@ECT 01/31/2000 04:27 PM To: David Foti/ET&S/Enron@ENRON, Steve Harris/HOU/ECT@ECT, Drew Fossum/ET&S/Enron@ENRON cc: Subject: Gallup - Conversion Agreement Pricing Just wanted to communicate that I contacted Drew earlier today to suggest that we check the pricing and execute the Conversion Agreement for Gallup. As you guys know, the recent price valuation for deliveries associated with Gallup have been well below the earlier market quotes. Given the short term market reaction to the colder weather, we may be able establish prices similar to the earlier market quote. Based on the response from Dave and Drew I have requested the pricing and hope to have that information by mid-day tomorrow.
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