Enron Mail

From: f..calger@enron.com To: louise.kitchen@enron.com Subject: Longview DASH Cc: Bcc: Date: Fri, 26 Oct 2001 14:20:24 -0700 (PDT) Louise, Chip will want to talk with you about the Longview equipment. We are circulating a DASH to enable us to continue making payments. If we do not continue to make payments, we forfeit the equipment and take a $23MM hit. This is approximately 35% of the total equipment contract. I think the equipment is worth more (than 65%) and I believe that we will get out of this problem with less than a $22MM hit. I therefore recommend that we commit the extra $ for this equipment. It will continue to be funded off B/S. We continue to have discussions/negotiations with Calpine, NRG and TransAlta. We have also opened up general equipment discussions with Mirant and AES. Regards, Chris Calger 503-464-3735