Enron Mail

To:frank.hayden@enron.com, john.lavorato@enron.com, louise.kitchen@enron.com,vladimir.gorny@enron.com
Subject:RE: COB 06.13.01 NG PNL Estimate
Date:Wed, 13 Jun 2001 10:50:00 -0700 (PDT)

What ?
We had $89m of value-at-risk concentrated primarily in Nymex short positions
through July, August and September 01and we were $30m over our VaR limit for
this commodity as at last night's close.
I wouldn't be doing my job if I didn't say this looks way out of bounds.
Has this been sanctioned ?


-----Original Message-----
From: Hayden, Frank
Sent: Wednesday, June 13, 2001 5:39 PM
To: Lavorato, John; Kitchen, Louise; Port, David; Gorny, Vladimir
Subject: COB 06.13.01 NG PNL Estimate

The gas desk made approx. 50MM today. Additionally, it appears as if we got
shorter approx. 20 - 30bcf this summer.