Lindy, Just wanted to let you know that we have started working on the TW contract and capacity release system. I believe there will be a kick-off meeting sometime next week which you will be invited to attend. We are due to implement on January 14th which gives us very little time to get everything we need to get accomplished so I will be calling and asking you alot of questions in the next month or two. I'd like to try and get together with you soon on two items, inside/outside the path and flow direction. I will be out on vacation next week. If you have time on Friday that would be great, otherwise could we talk by phone next week? Please let me know. Thanks Linda
Answer: New TW Contract System
Steve, Hey, what's up my friend? I hear that business is well in Puerto Rico (although that was quite awhile ago so who knows). I'm assuming that you are, indeed, still there. I can't believe that I've just finished my fifth month with Enron. It's been great, though. Everything is new so I'm learning a ton. Working on a trading floor is quite a different environment than Pirnie. My desk is so small it reminds of Puerto Rico, although there are no bomb threats, the bell does not sound at lunch, and the number of holidays does not exceed the number of work days in the year. I've recently been accepted into a subprogram of the program I'm in to become a trader, so my next year is pretty much planned and eventually I'll start trading. Anyway... I was just thinking the other day that I miss my trips to the island (especially my accomodations at the Excelsior), and I can't help feeling a little shorted that I didn't get a follow-up event of the Reggae tour or diving trip. So I was wondering if maybe I should come down some weekend and make it right., you know put all of the planets back in alignment. So I was wondering if you might be able to put me up for a weekend and maybe do some diving or something. If not, then no big deal, there's about zillion places I'd like to visit in the next few months. Just drop me a note sometime and let me know what you think. Please say hello to Pat, Joanne and Juan Carlos for me. By the way, it was bittersweet to hear Barry left soon after I did. Had he done so sooner, I would have taken his spot! Anyway, wish everyone well and I'm curious to hear what's happening on the island these days. Take care, Mat
Answer: Hola
Mary, I have eight companies that are ranked as 3's. Below are the dates I have tentatively marked down for CB meetings. Since you are the only required attendee, I have not reserved meeting rooms at this point. I think all the 17th floor rooms are pretty well booked anyway. I was thinking we could meet in your cube to discuss these companies on the given dates. Company # Date 551 11/14 1572 11/19 (this is the same day as company 20R. we might be able to do them at the same time) 47E 11/20 890 11/26 986 11/29 1095 12/5 003 12/13 (these are both divisions of 367) 1700 12/13 In addition to these companies, I have the following tentative dates planned for my 4's: Company # Date 1573 11/26 (the same day as 890. both are divisions of 985) 1407 11/28 1650 12/18 (these are all the same type of company, and do not have much activity at all) 1688 12/18 1690 12/18 1691 12/18 1699 12/18 Let me know your thoughts/availability for these dates. I figure we can plan a time around when you are free on each specific day.
Answer: Cumulative Build for 3's and 4's
Robert: Susan Flynn told me that your client is objecting to the deletion of the first part of the first sentence in the "Setoff" language. I just wanted to explain why we are requesting this change. In reviewing our forms during the latter part of 1999, we made a number of changes to both our ISDA Schedule and CSA. One of these changes was the deletion of the preamble language contained in the setoff provision. We concluded that the phrase "Without affecting ...., all payments will be made without setoff ...;provided, however," actually negated the effect of setoff which we WANT to occur UPON THE DESIGNATION OR THE DEEMED DESIGNATION of an Early Termination Date. What purpose do you think the phrase serves if left in the setoff provision? Please feel free to give me a call at 713/853-5620. Thanks. Sara
Answer:
Assignmemt/Amendment