Q: Mark, The word on the street is that the NewPower folks are getting further in trouble (ie) strange trading activity, etc. Looks and smells a little like the old EES. Couple of opps: - get another shareholder on-side and demand an Enron led audit to confirm financial and operating health; - followed up by hostile exit of mgt team if significant issues arise. Issues: - obviously pushes us into another level of complicity/fiduciary in a blow up or bankruptcy not unlike the issues we faced with Kafus et al; however, given our continued interest a significant control issue could result in a significant acceleration of a write-off of our existing position plus any outstanding credit. I would recommend we force the management team to submit to a detailed audit as a part of a united shareholder iniative - Lets discuss. Rick Buy, what is our current credit position? Greg/John, do you have a view on this one? Rick Causey, we probably need a more "permanent solution" ot the NewPower issue. Regards
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A: NewPower

Q: Tom: EGLI is holding a $420,000 LC that expires 12/21/01 covering a deal with Energy Service Providers LLC. According to our records, this deal has terminated. Have we been paid? Are we owed anything? Would we have any grounds for drawing prior to the expiry date?
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A: LC's

Q: Alain and I are meeting for a little drink (maybe dinner too) tomorrow after work. I won't be in the office tomorrow. Alain, my pager number is 1-800-978-1788. You can leave a voicemail or a numeric message. I will call you tomorrow afternoon around 3 or 4 pm.
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A: Dinner

Q: Kim, Please review this draft. I have not modified any language from the Enfolio to that contained in the draft of their form of contract which you forwarded to me last week. I will read their long form and see if it makes sense to include their language. Remember, in their short form, they had language for short breaks which was slightly diffent from ours but with a little torture, we could have incorporated their language once we got over the hurdle that we can't agree to let them audit our contracts, which means we could never show them what we got for the default quantity.
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A:
SMUD