Meeting with Brazos

I agreed to report to you after my meeting with Brazos on where things
stand. Such is the purpose of this email.
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Unfortunately, all I can tell you at this point is that Brazos is
considering its options and deciding on?its best course of action.
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Insofar as timing is concerned,?I do not anticipate hearing from them until
after Thanksgiving. In the interim, I do not recommend that you attempt to
contact Brazos or its counsel.
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One of the subjects that we covered at the meeting was the results of the
legal analysis on the damage issue. In that regard,?I would like to thank
Karl and Tom for getting me the information I?requested. I was able to work
that information into the meeting. I did not, however, hear from any of you
on incidental or consequential damages. If you?think that you will have
those damages, you should let me know. I will forward that information to
Brazos and its counsel.
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In the interim, I plan on calling Rick one or two more times to make sure
that I fully understand all of the numbers. The part of the meeting dealing
with the numbers was very illuminating for Brazos and its counsel, and I
would like to?thank Carl and Rick for all of their effort. That should not,
however,?be interpreted as a sign that Brazos will accept your proposal.
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If I don't speak to you before the holiday, I want to wish all of you a good
holiday.