NYMEX Futures Payment

Chris,

Please let me know if you answered Kate on this.

Virginia

---------------------- Forwarded by Virginia Thompson/PDX/ECT on 04/23/2001 06:30 PM ---------------------------
Kate Symes 04/20/2001 05:03 PM

To: Chris Stokley/HOU/ECT@ECT, Virginia Thompson/PDX/ECT@ECT
cc:

Subject: NYMEX Futures Payment

I received a message today from one of the brokers at ED&F Mann, who said he was waiting on our payment for a Palo Verde futures contract for April. I remember something like this happening last month, and I remember you two coming to the rescue, which is why I'm asking for your assistance. If either of you get a chance on Monday, let's get together and figure out why this hasn't been paid, or maybe why it HAS been paid and not received.

I believe the deal in question is 531782 - Long Term Southwest buys from Avista for the month of April, price $196, trade date 2/26. Doesn't this seem eerily reminiscent of the last contract that ED&F Mann didn't receive payment on? Was it Avista that time too?

The contact at ED&F Mann is Martin, and his number is (212) 566-9329. Just let me know when you have a moment to talk.

Thanks,
Kate