Enron Mail

From:steven.kean@enron.com
To:jeff.dasovich@enron.com
Subject:Re: DRAFT talking points for California PUC Hearings on the
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Date:Wed, 27 Dec 2000 02:28:00 -0800 (PST)

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This is very good work. You make all the points we need to make without
spraining anything in the process. You have been doing a superb job under
very difficult circumstances.

On another note: I don't know if you received my page, but the meeting with
Davis was cancelled so I flew back to Houston. We are trying to get another
time, perhaps as early as this week. Davis did meet with Greenspan and
Summers, both of whom we had briefed extensively.
----- Forwarded by Steven J Kean/NA/Enron on 12/27/2000 10:23 AM -----

Jeff Dasovich
Sent by: Jeff Dasovich
12/26/2000 07:05 PM

To: Susan J Mara/NA/Enron@ENRON
cc: Alan Comnes/PDX/ECT@ECT, Dennis Benevides/HOU/EES@EES, Eric
Letke/DUB/EES@EES, George McClellan/HOU/ECT@ECT, Harry
Kingerski/NA/Enron@ENRON, James D Steffes/NA/Enron@ENRON, Jennifer
Rudolph/HOU/EES@EES, Joe Hartsoe/Corp/Enron@ENRON, Kevin
McGowan/Corp/Enron@ENRON, Lisa Yoho/NA/Enron@ENRON, Lysa Akin/PDX/ECT@ECT,
Mary Hain/HOU/ECT@ECT, MDay@GMSSR.com, Mike D Smith/HOU/EES@EES, Paul
Kaufman/PDX/ECT@ECT, Richard Shapiro/NA/Enron@ENRON, Robert C
Williams/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Roger Yang/SFO/EES@EES, Sandra
McCubbin/NA/Enron@ENRON, Sarah Novosel/Corp/Enron@ENRON, Scott
Stoness/HOU/EES@EES, skean@enron.com, Stuart Staley/LON/ECT@ECT, Vicki
Sharp/HOU/EES@EES, Wanda Curry/HOU/EES@EES
Subject: Re: DRAFT talking points for California PUC Hearings on the
27th/28th

You're right, Sue. Rates can't go up w/out declaring the rate freeze over in
some fashion---trying to finesse it. Thanks very much for the comments.
Harry also had a good comment---don't specify the amount of rate increase in
our comments; rather note that the rate increase needs to be well-reasoned
and based on facts and evidence. Will make that change.



Susan J Mara
12/26/2000 06:43 PM

To: Jeff Dasovich/NA/Enron@Enron
cc: Alan Comnes/PDX/ECT@ECT, Dennis Benevides/HOU/EES@EES, Eric
Letke/DUB/EES@EES, George McClellan/HOU/ECT@ECT, Harry
Kingerski/NA/Enron@Enron, James D Steffes/NA/Enron@Enron, Jeff
Dasovich/NA/Enron@Enron, Jennifer Rudolph/HOU/EES@EES, Joe
Hartsoe/Corp/Enron@Enron, Kevin McGowan/Corp/Enron@Enron, Lisa
Yoho/NA/Enron@Enron, Lysa Akin/PDX/ECT@ECT, Mary Hain/HOU/ECT@ECT,
MDay@GMSSR.com, Mike D Smith/HOU/EES@EES, Paul Kaufman/PDX/ECT@ECT, Richard
Shapiro/NA/Enron@Enron, Robert C
Williams/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Roger Yang/SFO/EES@EES, Sandra
McCubbin/NA/Enron@Enron, Sarah Novosel/Corp/Enron@Enron, Scott
Stoness/HOU/EES@EES, skean@enron.com, Stuart Staley/LON/ECT@ECT, Vicki
Sharp/HOU/EES@EES, Wanda Curry/HOU/EES@EES
Subject: Re: DRAFT talking points for California PUC Hearings on the
27th/28th

Jeff,

This looks good. It comes across as moderate in tone-- although probably no
one else will ask to leave the rate freeze in place.

I have a legal question -- Under AB 1890, I don't see anyway that the CPUC
can raise rates without ending the rate freeze first. Am I missing
something? So, how is it clear that the CCPUC can raise the rates on Feb 1?
It's clear,however, that once the retained assets are valued that the rates
can be changed.



Jeff Dasovich
Sent by: Jeff Dasovich
12/26/2000 01:15 PM

To: Jeff Dasovich/NA/Enron@Enron, Alan Comnes/PDX/ECT@ECT, Dennis
Benevides/HOU/EES@EES, Eric Letke/DUB/EES@EES, George McClellan/HOU/ECT@ECT,
Harry Kingerski/NA/Enron@ENRON, James D Steffes/NA/Enron@ENRON, Jennifer
Rudolph/HOU/EES@EES, Joe Hartsoe/Corp/Enron@ENRON, Kevin
McGowan/Corp/Enron@ENRON, Lisa Yoho/NA/Enron@ENRON, Lysa Akin/PDX/ECT@ECT,
Mary Hain/HOU/ECT@ECT, Paul Kaufman/PDX/ECT@ECT, Richard
Shapiro/NA/Enron@ENRON, Roger Yang/SFO/EES@EES, Sandra
McCubbin/NA/Enron@ENRON, Sarah Novosel/Corp/Enron@ENRON, Scott
Stoness/HOU/EES@EES, skean@enron.com, Stuart Staley/LON/ECT@ECT, Susan J
Mara/NA/Enron@ENRON, Vicki Sharp/HOU/EES@EES, Wanda Curry/HOU/EES@EES,
MDay@GMSSR.com, Robert C Williams/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mike D
Smith/HOU/EES@EES
cc:
Subject: DRAFT talking points for California PUC Hearings on the 27th/28th





Attached is a draft of the talking points for the Commission's hearings. Few
points:
Our time is likely to be limited to 5-10 minutes.
Mike Day, our outside counsel, will make the presentation on our behalf.
Mike Day is fleshing out the legal details of our presentation and he will
forward that along for folks review later today.
Comments can be forwarded to me via email, pager (888.916.7184), voicemail
(415.782.7822), or home (415.621.8317).
We will finalize the message points on tomorrow's daily call (10 AM CST).
The call in number is 800.713.8600. Code is 80435.
The Commission's hearings begin tomorrow at 10 AM (PST).