Greetings: As folks heard, Ken Lay met with some California CEOs last Friday back East. As a result of that meeting, McNealy, CEO for Sun, asked for some background and more detail on what Ken Lay proposed as a solution for California during his meetings in California over the past couple of weeks. McNealy and others have expressed a willingness to make phone calls to policymakers, etc. to try to advance the ball. I pulled this together very hastily on Friday and take responsibility for all errors, omissions, ramblings, etc. Wanted to distribute, however, to make sure that all had the info that is getting distributed. Know folks are busy, but this will likely get distributed to other CEOs this week, so any comments, suggestions, etc. about how to improve are welcome and appreciated. Best,

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Backgrounder for McNealy