IN: This is an email
Attached is a short memo and summary outlining changes to the Business School Loan Program for the Western Hemisphere. As many of you know, over the past couple of months we have taken a hard look at our approach to business school loans. The updated guidelines better serve Enron's business interests, eliminate credit exposure for the company, and potentially broaden the reach of the Loan Program. If you have any questions, please contact Ted Bland (x35275) who leads Career Development for the Program. Billy

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OUT: Analyst & Associate Program - Business School Loan Program (Western Hemisphere)

IN: This is an email
Wayne- I have run the economics on whether to heel out the cargo and attached the model below. The current NYMEX price for gas in January (which the best price we can get today) is $4.60. Today's cash price for prompt delivery is about $3.80-$3.90. The incentive is about $71,000 at the high end (Jan) and about break even at the low end (prompt). Even at the high end, there isn't much incentive when you take into account the extra day of cooling down you would need. I talked to Jonathan Whitehead about this and he agreed that it probably isn't worth doing on this trip. We will keep an eye on prices and look at locking something in for future trips if the price spikes. Otherwise we will revisit on a trip by trip basis. Dan

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OUT: Heel out on "Hoegh Galleon" delivery June 9, 2001

IN: This is an email
Alright, which one of you sent the "Just a Tip" thing? I haven't opened it yet. Is it ok to open at work? I'm serious. This is a small place, and I just started, and they're pretty straight laced around here. If I open something bad and get fired I wouldn't be too happy.

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OUT:
tip