Q: I think I see whats happening. I believe deal 372088 is a bookout with deals 229344 and 229357. Should it also be a bookout with deal 227882? What about deals 169036and 217764? What about dea
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A: ODD CES deal

Q: The confirmation desk recently received a call from Mike Billings who I believe is your Dow trader. Mike is trying to trade financially under the name "The Dow Chemical Company". ECT SHOULD CONTINUE TO TRADE FINANCIALLY WITH "DOW HYDROCARBONS AND RESOURCES INC" (the party that ECT has a Master Agreement with). ECT will NOT agree to change the counterparty on any future trades. When you speak with Mike Billings, you may alert him to this. Thanks. Sara
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A: FYI: Financial swaps and options with Dow Hydrocarbons and Resources Inc.

Q: Today, The American Coal Company paid Enron $113.5 million in principal and interest, which included a prepayment of the remaining $110.7 million balance on its debt with Enron ($75.7 million Senior Note, $35.0 million Subordinated Note). These two notes, with maturities of July 2004 and July 2008 respectively, were established in July 1998 to provide financing for the acquisition of the Galatia Mine by Bob Murray. Despite the termination of the credit relationship, the physical relationship remains in place through December 2006 with projected deliveries of 1,900,000 tons of Galatia coal and 1,200,000 tons of Maple Creek Coal. The value in the remaining coal, supported by puts and fixed price arrangements, is in excess of $25 million. Beyond the value in the transaction, this deal, along with the DPR transaction with Cline in 1998, provided the foundation for Enron's coal business. With this prepayment, Enron has now received over $250 million from its coal investments. The breakdown of the funding and cash flow is shown below: Approved Commitments $275 million Funded Commitments $271 million Enron Funding (Net of Calpers) $240 million Enron Cash Flows Principal $188 million Interest $ 44 million Equity Distributions $ 8 million Marketing Fees $ 7 million Margin on Physical Coal $ 3 million Total $ 250 million In addition to the cash flow received to date, the investments are projected to provide minimum future cash flows as follows: Principal and interest $ 20 million Loans secured by assets Marketing fees $ 39 million Minimum marketing fees Coal commodity margin $ 25 million Value of American Coal physical transaction Equity distributions ??? 42% interest in Dakota & Remington 20% interest in BMR Total $ 84 million + equity distributions
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A: The American Coal Company $113 Million Debt Prepayment

Q: My buddy is looking at lots on Seargent Beach. Drive from your place to Seargent, go over the intercoastal, and take a left. He said lots in there go for about $17,000.00. He wants to buy one canal lot and one or two beach lots. Comments?
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A:
Seargent Beach