IN: Master Netting Group: I just want to personally thank all of you for all of your hard work the past few weeks in addressing our counterparties' requests for Master Netting Agreements. We have been able to sign up a number of them as a result of your efforts and have managed to keep certain counterparties from cutting us off in trading. Thanks again for your efforts and for putting up with one fire drill after another! Hopefully we all learned alot in the process.

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OUT: Message from Carol St. Clair

IN: Vasant, I spoke with Norma about getting a special reward for Sevil, in lieu of bonus. Please, send to Norma the list of projects Sevil worked on. Vince

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OUT: Sevile

IN: Tom, The Lukens' storage model is very similar to yours. I got a paper from the lead developer Dr. Hugh Li, explaining in significant details about their model. Let us compare notes after you read it. We have both DP approach (mine) and optimization approach (yours). We may combine the advatanges of the two approach into one product, and then we can claim we have the best Storage Model (and sell it if Vince feels like it). Sounds like a plan ? Zimin

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OUT: Storage model

IN: Are these numbers consistent with your expectations. We will submit to HR if no onjections. Traditionally Sutton has looked at the range and made the decision where to be inside the range. I don't know if Skilling will do the same. I have a voice mail into him to see. Rick

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OUT:
EcoElectrica/Corinto Valuations for Compensation Purposes