Re: DRAFT Slides for Sempra Meeting

I think the presentation looks good. In the meeting itself I think you
should go heavy on the argument that it makes no sense for Sempra
shareholders to be in a commodity market as a regulated entity -- the "heads
they win tails you lose" argument.

Jeff Dasovich
Sent by: Jeff Dasovich
10/13/2000 06:11 PM

To: skean@enron.com, Richard Shapiro/NA/Enron@Enron, James D
Steffes/NA/Enron@Enron, Sandra McCubbin/SFO/EES@EES, Mona L
Petrochko/SFO/EES@EES, Susan J Mara/SFO/EES@EES, Paul Kaufman/PDX/ECT@ECT
cc:
Subject: DRAFT Slides for Sempra Meeting

Attached for your review is a rough cut at slides we're preparing for the
meeting with Sempra next Thursday. Thoughts and comments are appreciated.
Please disregard korny title.