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Enron Mail |
As a follow-up to my voice mail, attached is a copy of the one page Overview
that I forwarded to Mark Palmer, Mark Koenig, Mark Metts and Mitch Taylor providing an overview of the Application that we are planning on filing with the SEC tomorrow. The attachment is in Power Point. Because the Application will be filed via Edgar, it will be publicly available and thus the reason for alerting Mark Palmer and Mark Koenig. Joe Sutton approved the filing yesterday, and I am waiting to hear back from Jim Derrick that Ken Lay and Jeff Skilling have approved making the filing. As soon as I get a "green light," I will make the filing. Mark Metts and Mitch Taylor will use the Overview to orally brief Sierra Pacific. The important point for Sierra Pacific is that the Application is being made by Enron for legitimate business purposes unrelated to the PGE sale, and will not affect the PGE application. In this regard, we have expressly indicated in the Application that the PGE application should take priority and not delay the PGE transaction, and we will visit with SEC Staff to confirm this treatment. In any event, the SEC would request us to identify which application should take priority, and given the fact that the Application would become moot following a sale of PGE (and at which time we would withdraw the Application), the SEC should concur. Please call me if you have any questions. I also previously prepared a longer presentation for other members of our management and can provide this to you if you need further information. Regards, Robert
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