Mark: Thus far, I have uncovered only one "nondocumented" electronic agreement. The equity desk uses the services of POSIT which is an electronic trading system which matches orders six times daily for institutions and broker dealers. There is no agreement for this matching service. I am not aware of other "matching services" and whether any agreements are in place. Let me know if you have any concerns. Thanks. Sara
Answer: ITG POSIT ( a "division" of the ITG trading desk }
I will be recruiting at Wellsley College for the Analyst Program on Thursday, September 28. I will fly back from Boston on Friday, September 29 and I should be back in the office between 11:30 and 12:00. My assistant, Patti Thompson (x39106) has numbers where I can be reached. While I am out of the office, the following persons will serve as key contacts: Gas Operations Bob Hall x36956 Leslie Reeves x37962 Steve Jackson x37070 Power Operations Jenny Latham x33982 Leslie Reeves x37962 DPR Mike Moscoso x35242 MPR David Maxwell x36983
Answer: Analyst Recruiting: Out of Office 9/28/00
Please be advised that a conference call has just been scheduled regarding Project Stanley and has been set for Friday, July 14, 2000, 10:30am central time. The dial in number for this call is 1-800-998-2462. The pincode is 4309724.
Answer: Project Stanley Conference Call
Karen: Here is our response to your e-mail comments: 1. We can put back VI(c)(i) but the reason that we deleted it was because the provisions in VI(c)(ii) and VI(E) really deal with how an LC can be drawn upon and the language in VI(c)(i) seemed unnecessary and perhaps inconsistent with those sections. If we put it back in, it should be made subject to those other sections. 2. With respect to your points regarding the amount that can be drawn, I am unclear as to what your position is. In one place you want to limit it to amounts owed and in another you want to limit it to Exposure Amount. What is your position. We thought that the formula that we set forth in Section 4(b) of the amendment was what everyone had agreed to. 3. The reason for the change in E.4. (c) is because the Event of Default situation has already been addressed in VI(c)(ii). 4. I need to check with our credit people regarding the transferability issue. I will note that the current form that is attached to the Master permits transfers. Why is this an issue with you? I look forward to hearing from you. My number is 713-853-3989. Carol
Answer:
Response to Comments