Here is the ABB contract you referenced in your email. I am working on a 97-10 compliant EPC contract for NEPCO/EECC. However, I wonder about the challenges presented with the need for NEPCO to enter into subcontracts and purchase orders which preserve the accounting treatment all the way down the line. This is a very tall order given the contracting environment. Your email is an excellent description of the challenges of doing a deal off the balance sheet, and worthy of further discussion. Kay
Answer: ABB Purchase Agreement - Final Version
Sara We have a bid on the 91,674 MLMG shares held in account # 102-25786-USD-27 at Bear Stearns. . Paul Voigt from Jefferies (00 1 203 708 5800) showed us a bid of $2.25 several days ago. The bid now may be $1.50 only due to size of the holding & illiquidity in the name. We've discussed selling this position with Mike Breughel & Alexander Sheers at Bear Stearns, and Alexander has asked for you to talk to Bears directly. Can you call Alex & ask if one of the Bears prime brokers can contact Jefferies to execute the trade, and also to arrange for the proceeds to be paid back to our Citibank account in London. Thanks
Answer: MLMG shares in Bears
Good Monday Morning - Comments From The Local Guys! The Federal Reserve meets again tomorrow. The wide consensus is that they will lower short-term interest rates again by 50 basis points. At this stage, the markets have factored in a virtual halt in the economy and consumer spending. There is no good news that anyone is anticipating. Often, the consensus is wrong. In fact, it seems that the low in consumer sentiment has coincided with major lows in the market. Over the last 15 months, inventory levels have declined significantly. There has also been a great deal of fiscal and monetary stimulation. The dollar is strong. The markets may react more positively to any unexpected good news than anyone anticipates. The 30 -year bond yield is 5.37%.
Answer: The Morning Market Call - Monday October 1st, 2001.
Jaime, This CA accidentally was sent to you with choice of law being New York. It should be Texas law. If Questar has seen this doc., we need to let them know. Thanks.
Answer:
Questar CA