Enron Mail

From:drew.fossum@enron.com
To:stanley.horton@enron.com, danny.mccarty@enron.com
Subject:RE: MOPS
Cc:dave.neubauer@enron.com
Bcc:dave.neubauer@enron.com
Date:Mon, 22 Oct 2001 12:58:28 -0700 (PDT)

Understood. DF

-----Original Message-----
From: =09Horton, Stanley =20
Sent:=09Monday, October 22, 2001 2:16 PM
To:=09Fossum, Drew; McCarty, Danny
Cc:=09Neubauer, Dave
Subject:=09RE: MOPS

We just need to get this closed now.

-----Original Message-----
From: =09Fossum, Drew =20
Sent:=09Monday, October 22, 2001 10:00 AM
To:=09McCarty, Danny
Cc:=09Horton, Stanley; Neubauer, Dave
Subject:=09MOPS

I wanted to confirm where we are and give you the chance to redirect me if =
necessary. I understand that John Goodpasture expects to leave, apparently=
around the end of the month. I have also been advised that Steve Dowd is =
getting up to speed on the MOPS deal and will be prepared to jump in if nec=
essary. Per my conversation with John this morning, I understand John inte=
nds to validate the list of open issues with Dan McVay today. It is possib=
le that the key issue--the "material adverse effect" clause--has been elimi=
nated along the lines you, John and I outlined in your office about 10 days=
ago. If not, we will need to discuss with you our recommendation for res=
olving the open issues by tomorrow or Wed. and then present that recommenda=
tion to Stan for his decision as necessary. Armed with that decision on th=
e scope of our authority, John would be able to try to close the deal this =
week. If that chronology holds up John's departure plans should not be a p=
roblem. Otherwise, the handoff to Steve will need to happen and we'll clos=
e the remaining issues as soon as possible thereafter. I will keep you pos=
ted on any material changes in where we are. Thanks. DF