Greg, As you asked, I have taken a quick look at Global Crossing. I think it is a close call, but they certainly have a decent shot of making it (by "making it" I mean the equity will have value and the company will not be restructured through bankruptcy). Their assets, customers, and cash might marginally outweigh the debt load that the company has. Most importantly, they definitely have a currency (Global Crossing stock) that has more value than anything in EBS. If there is a potential deal to contribute assets of EBS into Global Crossing in exchange for equity, then I would recommend pursuing it even if it means contributing up to $100 million in cash to get it done. However, I would make sure that Enron has no more contingent liabilities, consolidated burn or cash commitments. The real question is will Global Crossing want what we have at any price. I suspect that once they perform due diligence, they will "run away" (just as the knights did when faced with the killer rabbit in Monte Python's Search for the Holy Grail). Thanks,
Q: What is a potential subject line for this email?
answer: Assessment of Global Crossing
U.S. GEOLOGICAL SURVEY NATIONAL EARTHQUAKE INFORMATION CENTER World Data Center for Seismology, Denver Reply to: sedas@neis.cr.usgs.gov or neic@usgs.gov The following is a release by the United States Geological Survey, National Earthquake Information Center: A major earthquake occurred NEAR THE COAST OF SOUTHERN PERU, about 120 miles (190 km) west of Arequipa or about 375 miles (600 km) southeast of Lima at 2:33 PM MDT today, Jun 23, 2001 (3:33 PM local time in Peru). A PRELIMINARY MAGNITUDE OF 7.9 WAS COMPUTED FOR THIS EARTHQUAKE. The magnitude and location may be revised when additional data and further analysis results are available. No reports of damage or casualties have been received at this time; however, this earthquake may have caused substantial damage and casualties due to its location and size. EDIS-06-23-01 1523 PDT
Answer: [EDIS] EQ MAG 7 9 NEAR COAST OF PERU [News: Statewide]
Here is an email: Houston has requested we sit down with them on the phone and go over all the in-the-money contracts we have. By their count we have about 50. They want to account for each and understand why we may not be delivering on them. Ed Baughman will be sending his master list in advance of a 11:30 call in Mt. Bachelor. Please send at least one representative from each of the regional desks to discuss the list. Thanks,
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A: Conference Call with Houston
Q: A draft of a Master Firm Purchase/Sale Agreement was sent via Federal Express Monday to Thad Shumway of Cinnabar for review. I left a message this morning for Mr. Shumway and await is call. If Cinnabar agrees to the Master, we will accept a fax of their signature on page 5, and follow with originals for execution. Dan Hyvl informed me you will contact Cinnabar today as well. I will advise you of our progress. Please let me know if I can be of further assistance. Debra
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A: Cinnabar Energy
IN: First, good luck next week. Also, I will be in the office all next week and if you need anything, ENW related or not, call me or have someone call me and I will help. I am focused on making sure EOL and ENW do not pop up on your list of things to think about. Webb and Richter have been told that EOL up and performing well is critical. As you know, the trade counts looked good last week and Jay and Brad have been getting data to Louise on the specifics of certain counterparties, etc.

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OUT: next week
IN: This is an email
I need to call that lady back, what should I say? Do you know who Colin Tonks is? did you forward that e-mail to me? heart me

What is the subject?

OUT:
fire logs