Re: Advisory board meeting

While the more-open gas market may have more tools available than in electric
markets, market solutions have been proposed as an alternative to legislated
rate caps in the hard hit San Diego market.

Gavin -- please send Irwin copies of the articles on the offers made in San
Diego.

Stelzer@aol.com on 08/25/2000 03:14:04 PM
To: skean@enron.com
cc:

Subject: Advisory board meeting

The WSJ report of 8-23 on the power/price situation in Con Ed's territory
contains the following: "And the tools to hedge prices, such as those that
exist in other commodities markets, aren't fully developed yet for th
fledgling deregulated electricity industry."
That might be worthy of comment in my talk. Anything I should see on the
subject?