Enron Mail

From:v.weldon@enron.com
To:mason.hamlin@enron.com, nick.hiemstra@enron.com
Subject:Algonquin Pricing Analysis
Cc:
Bcc:
Date:Thu, 17 May 2001 13:14:00 -0700 (PDT)

Per our conversation, I recommend using Tetco M3 plus the avg seasonal basis to Alg CG (Summer =~0, Winter =~.10) Note the volatility in these that I graphed. This volatility willl likely need to be taken into account in your model if/when you get to that level of detail.

Charlie