Problem: BODY: You may already know this, but I heard from guys at Nipsco that they did their first nom on Vector yesterday. Also, Border interconnect expected Dec. 15th. The heater hit a bridge so they are trying to do some field repairs. Not much else to report.
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A: SUBJECT: Nipsco

Problem: BODY: The Homestead precedent agreements are going out this week. They should be self explanatory but please call your account manager or me with any questions or if you need clarifications. Thanks again for your interest in our project. Mike
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A: SUBJECT: Homestead Expansion - Update

Problem: BODY: ... how about an LBO? Certain high net worth executives sponsor the deal in conjunction with a major financial investor such as JPM/Chase or Citibank. Force the share trust participants to go along and cut in all management and employees. It gets the company out of the spotlight and might have some real attraction for deal starved investors... esp at this price level. It could remotivate everyone and provide a way to recover some of the lost value that had accrued to the employees over the years. Obviously, some stakeholders would do better that others but that's the way it goes sometimes. Just a thought. Hang in there. Jim
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A:
SUBJECT: I know this sounds crazy but...