Enron Mail

From:m..presto@enron.com
To:henry.emery@ubspainewebber.com
Subject:RE: Portfolio
Cc:
Bcc:
Date:Fri, 8 Jun 2001 06:40:56 -0700 (PDT)

Thanks.

-----Original Message-----
From: "Emery, Henry" <henry.emery@ubspainewebber.com<@ENRON [mailto:IMCEANOTES-+22Emery+2C+20Henry+22+20+3Chenry+2Eemery+40ubspainewebber+2Ecom+3E+40ENRON@ENRON.com]
Sent: Friday, June 08, 2001 8:31 AM
To: Presto, Kevin M.
Subject: RE: Portfolio

Will do. Let me figure something out for the online portfolio. The only
problems we have for the online portfolio are that it is pretty limited in
our parameters. We'll figure something out though.

Thanks,
Hank Emery

-----Original Message-----
From: Kevin.M.Presto@enron.com [mailto:Kevin.M.Presto@enron.com]
Sent: Thursday, June 07, 2001 7:15 PM
To: henry.emery@ubspainewebber.com
Subject: RE: Portfolio


I think you forgot the cash position. I would rather have on-line
valuation, even if the $'s aren't perfect. I like to look at my personal
equity portfolio (includes Enron hedging) separate from Enron granted stock
and option value.

One portfolio is liquid and the other is not and I monitor differently.

-----Original Message-----
From: "Emery, Henry" <henry.emery@ubspainewebber.com<@ENRON

[mailto:IMCEANOTES-+22Emery+2C+20Henry+22+20+3Chenry+2Eemery+40ubspainewebbe
r+2Ecom+3E+40ENRON@ENRON.com]


Sent: Thursday, June 07, 2001 5:13 PM
To: Presto, Kevin M.
Subject: RE: Portfolio

Mr. Presto,
Why don't I just do this for you on a monthly basis? Please see attached
PDF
Acrobat file. Please let me know if you have trouble opening it.

Thanks,
Hank Emery




-----Original Message-----
From: Kevin.M.Presto@enron.com [mailto:Kevin.M.Presto@enron.com]
Sent: Thursday, June 07, 2001 4:00 PM
To: henry.emery@ubspainewebber.com
Subject: RE: Portfolio


Thanks.

-----Original Message-----
From: "Emery, Henry" <henry.emery@ubspainewebber.com<@ENRON


[mailto:IMCEANOTES-+22Emery+2C+20Henry+22+20+3Chenry+2Eemery+40ubspainewebbe
r+2Ecom+3E+40ENRON@ENRON.com]


Sent: Thursday, June 07, 2001 3:54 PM
To: Presto, Kevin M.
Subject: RE: Portfolio

Mr. Presto,
I'll work on some things. let me play with it for awhile and I'll see
what
we can figure out.

Thanks,
Hank Emery


-----Original Message-----
From: Kevin.M.Presto@enron.com [mailto:Kevin.M.Presto@enron.com]
Sent: Thursday, June 07, 2001 3:48 PM
To: henry.emery@ubspainewebber.com
Subject: RE: Portfolio


Except it can't be negative because they were grants at no cost to
me.
The problem is the combination of restricted stock which is total
market
value and options which is gain/loss need to be added together to get
total
portfolio value.

I was hoping you could trick the system so portfolio value was
accurate.

-----Original Message-----
From: "Emery, Henry" <henry.emery@ubspainewebber.com<@ENRON



[mailto:IMCEANOTES-+22Emery+2C+20Henry+22+20+3Chenry+2Eemery+40ubspainewebbe
r+2Ecom+3E+40ENRON@ENRON.com]


Sent: Thursday, June 07, 2001 3:30 PM
To: Presto, Kevin M.
Subject: RE: Portfolio

Mr. Presto,
That is true, I was wondering if we shouldn't just figure that the
Gain/Loss(Difference between the current market value and the cost
basis)
represents the actual value of the stock option portfolio. Does
that
make
sense?

Thanks,
Hank Emery

-----Original Message-----
From: Presto, Kevin M. [mailto:Kevin.M.Presto@enron.com]
Sent: Thursday, June 07, 2001 2:20 PM
To: henry.emery@ubspainewebber.com
Subject: Portfolio


The options are not valued properly. The market value is
calculated
based upon the value of the underlying, which grossly overstates
the
market value of the portfolio. The restricted stock (basis of $0)
is
valued OK, but the options are not.

In addition, the year restricted stock and option grant is not yet
in
the portfolio.


Notice Regarding Entry of Orders and Instructions: Please
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Notice Regarding Entry of Orders and Instructions: Please
do not transmit orders and/or instructions regarding your
UBS PaineWebber account(s) by e-mail. Orders and/or instructions
transmitted by e-mail will not be accepted by UBS PaineWebber and
UBS PaineWebber will not be responsible for carrying out such orders
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Notice Regarding Entry of Orders and Instructions: Please
do not transmit orders and/or instructions regarding your
UBS PaineWebber account(s) by e-mail. Orders and/or instructions
transmitted by e-mail will not be accepted by UBS PaineWebber and
UBS PaineWebber will not be responsible for carrying out such orders
and/or instructions. Notice Regarding Privacy and Confidentiality:
UBS PaineWebber reserves the right to monitor and review the content of
all e-mail communications sent and/or received by its employees.
- PRESTO-MAY.pdf << File: PRESTO-MAY.pdf <<


Notice Regarding Entry of Orders and Instructions: Please
do not transmit orders and/or instructions regarding your
UBS PaineWebber account(s) by e-mail. Orders and/or instructions
transmitted by e-mail will not be accepted by UBS PaineWebber and
UBS PaineWebber will not be responsible for carrying out such orders
and/or instructions. Notice Regarding Privacy and Confidentiality:
UBS PaineWebber reserves the right to monitor and review the content of
all e-mail communications sent and/or received by its employees.