Enron Mail

From:vince.kaminski@enron.com
To:jeffrey.shankman@enron.com
Subject:Re: Hyundai Merchant Marine LNG Draft DASH
Cc:vince.kaminski@enron.com
Bcc:vince.kaminski@enron.com
Date:Tue, 29 Aug 2000 08:23:00 -0700 (PDT)

Jeff,

I don't think this transaction makes sense. We should not keep increasing our
exposure
in one area, given that we can deploy our capital in a more efficient way
elsewhere,
without taking illiquid, long-term positions.


Vince






From: Jeffrey A Shankman 08/29/2000 10:30 AM


To: Eric Gonzales/LON/ECT@ECT, Joe Gold/LON/ECT@ECT, Vince J
Kaminski/HOU/ECT@ECT
cc:
Subject: Hyundai Merchant Marine LNG Draft DASH

Has any of you seen this? Ideas, comments, feedback? Thanks for the timely
response. Jeff
---------------------- Forwarded by Jeffrey A Shankman/HOU/ECT on 08/29/2000
10:21 AM ---------------------------



From: Rick Buy
08/29/2000 08:37 AM





To: Jeffrey A Shankman/HOU/ECT@ECT
cc:
Subject: Hyundai Merchant Marine LNG Draft DASH

This is a draft of the dash we are putting together. Michael Tribolet works
in my group and feel free to contact him if you have specific questions. I
also spoke with Frevert re Lng and he informed me that if project Summer
happpens, Lng goes with Summer, if not, it is transferred to you. What
happens in the mean time is anyone's guess. Lets discuss . Rick
---------------------- Forwarded by Rick Buy/HOU/ECT on 08/29/2000 08:32 AM
---------------------------


Michael Tribolet@ENRON
08/28/2000 08:15 PM
To: Rick Buy/HOU/ECT@ECT
cc:
Subject: Hyundai Merchant Marine LNG Draft DASH



Here is the draft of the DASH. While having a positive NPV, many of the
trials run are negative due to defaults.