Enron Mail

From:f..calger@enron.com
To:louise.kitchen@enron.com
Subject:Turbine Puts Broker/Agency - EOL
Cc:
Bcc:
Date:Wed, 10 Oct 2001 08:42:23 -0700 (PDT)

Louise,

A third party developer wants to pay us a small fee ($75K - $100K) for the right to use EOL. They own LM6000's and want to buy puts. Understandably we offered them a very high premium and a very low strike so they instead want to pay us for the distribtion channel. Even though they may be competing with our turbine position, I think we should do it subject to legal. Steve Thome is talking with Brad Richter about it.

Please let me know if you disagree.

Regards,


Chris Calger
503-464-3735