Summary of Remaining Protests in PGE/Sierra Merger

Attached is a follow-up memorandum from Adam Wenner summarizing the remaining
protests in the PGE/Sierra merger proceeding. We had a good discussion today
with Sierra's attorney and Peter Fox-Penner (Sierra's market power witness
who submitted the Appendix A analysis) about our strategy for answering the
protests (due May 18). I'll keep you posted on our progress.

In the meantime, please call me if you have any questions or comments.

Sarah

---------------------- Forwarded by Sarah Novosel/Corp/Enron on 05/11/2000
03:46 PM ---------------------------

"Wenner, Adam" <awenner@velaw.com< on 05/11/2000 03:18:32 PM
To: "'Novosel, Sarah'" <snovose@enron.com<, "'Dudley, Jay'"
<jay_dudley@pgn.com<
cc:

Subject: comments on merger

Attached is a summary of comments on the merger (not including SMUD/TANC,
which we have previously described).
<<commentsum1.wpd<<

- commentsum1.wpd