Enron Mail

From:fletcher.sturm@enron.com
To:melba.lozano@enron.com
Subject:Product description for Daily Basis Swaps
Cc:phillip.allen@enron.com
Bcc:phillip.allen@enron.com
Date:Wed, 28 Jun 2000 09:03:00 -0700 (PDT)

Melba,

The description you sent to me yesterday seems a little confusing...How about
the following:

Floating price A: Gas Daily midpoint for Henry Hub

Floating price B: Gas Daily midpoint for __________

Buyer pays Floating price A plus applicable basis, seller pays Floating
price B


We should substitute your long description for "Gas Daily midpoint" above.
Run this by everyone ASAP so we can activate these products.

Fletch Sturm
x3-6219