Enron Mail

From:john.lavorato@enron.com
To:wes.colwell@enron.com
Subject:Power Hedges in Accrual Book
Cc:
Bcc:
Date:Wed, 11 Oct 2000 07:29:00 -0700 (PDT)

This is what I mean aout miscommunication.
---------------------- Forwarded by John J Lavorato/Corp/Enron on 10/11/2000
02:22 PM ---------------------------



From: Kevin M Presto @ ECT 10/10/2000 09:24 AM


To: John J Lavorato/Corp/Enron@Enron
cc:

Subject: Power Hedges in Accrual Book

Stacy White informed me this morning there is discussions on moving all of
the Power Hedges from the accrual book (approx $100 million loss) into the
MTM books. Is this true?

Do I need to be in the loop?

FYI - We successfully bought out of the 2001 supply commitment to OPPD at our
mark ($4.7 million). This leaves us with 3 customer deals that I would like
to set aside as prudency C for East Power (not West Power or gas) for
calender year 2001. The 3 deals are MJMUC, VEPCO, and JEA.

Thanks.