RE: Customer - Wants to Sell back gas options

Thanks to you, Louise...I Would love to hear from you some general criteria for the type of transactions that we don't feel comfortable doing now, and what needs to happen to get back to 100% business as usual.
Best regards.

-----Original Message-----
From: Kitchen, Louise
Sent: Monday, November 12, 2001 7:41 PM
To: Williams, Jaime
Subject: RE: Customer - Wants to Sell back gas options

no, do not do this transaction.

Thanks

Louise

-----Original Message-----
From: Williams, Jaime
Sent: Monday, November 12, 2001 6:19 PM
To: Kitchen, Louise
Subject: RE: Customer - Wants to Sell back gas options

If we make 1 ct. of orig, we would do $44,000. The $4.796 MM is the quote from the Trader. The position would then be closed.

-----Original Message-----
From: Kitchen, Louise
Sent: Monday, November 12, 2001 6:06 PM
To: Williams, Jaime
Subject: RE: Customer - Wants to Sell back gas options

If you unwind - what's the mtm for you and closing the position?
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