Q: FYI - 1. Please do not ever, under any circumstances, modify EOL deals in any way. These deals have an embedded contract in them which is created at the moment a counterparty hits your bid or lifts your offer. Also, EOL deals may not be extended in Deal Scheduling. 2. When entering deals to account for ancillary services (i.e. deals with no fixed price, only demand charge price), please make any changes or extensions in Deal Entry rather than Deal Scheduling. Demand charge price is not accounted for when the deal is only extended in Scheduling. Let me know if you have questions about either of these reminders. Thanks for reading this all the way through.
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A: Quick Reminders - PLEASE READ

Q: Attorney-Client Privileged Communication Not Discoverable Hi Tim Leslie Reeves recently spoke to me about an outstanding receivable we still have relating to PCA. PCA went into bankruptcy in 1998. At the time of PCA's bankruptcy, PCA owed a $5.3 million receivable to EPMI. On EPMI's books, this uncollected receivable amount was offset by an out-of-the money forward position EPMI had with PCA which we were able to take to zero when PCA defaulted (contract provided for one way payments upon the occurrence of an event of default) and some funds from credit. After netting all these amounts, there is still a $600,000 receivable showing up as owed from PCA to EPMI. Based on the current bankruptcy proceedings, it is not likely that EPMI will receive any additional funds from PCA (we have taken a very low key approach in the bankruptcy due to the lack of PCA funds, the extensive amounts owed by PCA to other creditors, the assertions being made by PCA against some of the other creditors, and the legal effect of the one-way payment termination payment that provided us a significant offset to the receivable). Accordingly, unless I hear otherwise from you, I will talk to Leslie and tell her to go ahead and clean up the $600,000 PCA receivable now, and in the unlikely event PCA makes payments to any creditors, we would then give such amounts received from PCA back to you. Call me if you have any questions. Thanks
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A: Receivable Write-off -- Power Company of America (PCA)

Q: A few people have requested the agenda for the offsite tomorrow and Friday. We had originally intended to distribute it at the meeting tomorrow, but here it is! PLEASE NOTE THAT WE START AT 8:30 BOTH DAYS. Please let me know if you have any questions. If you need directions to the San Luis Hotel in Galveston, please call Sharron Westbrook or me. Thanks!
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A: Agenda - Global Accounting Leadership Conference - Sept 20 & 21

Q: I am putting a Master Gas Agreement in place w/ Connective. Russell Diamond has asked me to contact you re their guaranty. I need for their guaranty to us to also cover physical gas trades. Please advise. Thanks,
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A:
Connective Energy Supply, Inc.