QUESTION: Ozzie, Steve Van Hooser forwarded two agreement for electric service from CP&L for the Elizabethtown and the Lumbertown cogen facilities for my review. I have reviewed the documents and they are standard tariff type service agreements. There are two items to which I would like to draw your attention. These deals look to have a 10 year term since they are being served from Transmission Service. 1. If Customer terminate earlier, there would be a termination payment equal to the loss in salvage value of the facilities used to serve the Customer. Not sure what this value is, but might be significant, depending on what facilities CP&L would install to serve these plants. 2. There is a minimum bill each month that Customer would have to pay, even if there was no usage of power by Customer. If you are OK with these issues, I will initial the agreements and forward these to you for signature. Please contact me at x33512 if you would like to discuss.
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ANS: CP&L Electric Service Agreements

QUESTION: Good morning! Thanks for your help yesterday. Would you please CALL A&K and make sure that they add Angela Davis to the distribution? Thanks. Sara
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ANS: Enron/Project Tahiti

QUESTION: Our records indicate that you did not have any transactions in Compaq stock [other than possible purchases of Compaq stock through the ESPP, deferred comp. or 401(k) plan] for the month of May. If this is true, then you do not need to respond. If this assumption is incorrect, please email me by the end of the day on Tuesday, June 5, with transactions for open market trades, stock option exercises, deferred compensation or 401(k) exchanges (including purchases from dividend reinvestments), gifts, shares held by family members or trusts in which you have a controlling interest, etc. If you have any questions please call me at 281-518-2189 or Linda at 281-514-1433. Regards,
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ANS:
Compaq Stock Transaction Inquiry for the Month of May