IN: The NYMEX will hold the following classes in Houston in June. Those of you so inclined might want to reserve a seat now, as they go fast. All the February classes are already booked. You can call the NYMEX at 713/658-9292 if you would like to attend. 1. Introduction to NYMEX Products-held June 7 2. Intermediate Hedging-June 14 (Intro a prerequisite) 3. Intermediate Options-June 17 (Intro a prerequisite)

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OUT: FYI-NYMEX Training

IN: I'd told my theory to my friend Linda, who wanted to be a social scientist and was always coming up with theories herself. I'd concluded that breasts were to sex what pillows were to sleep. "Guys might think they want a pillow, but they'll sleep just as well without one." She'd said, "Guys will sleep anywhere if they're really tired."

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OUT: Excerpt from new book

IN: Guys, I appreciate the quality work and deal flow that you are generating. In an effort to measure and reward performance from our middle market groups we have attempted to come up with several standardized reports to be issued monthly and to be reviewed at the QBR. I am a strong believer in that what is measured and rewarded gets done. As well, the middle market capability is crucial to the continued growth of our business; therefore, reporting metrics which define high performance will ensure great deal makers get rewarded and that you will be able to attract high quality talent into the mid market groups. Baughman and Presto have created a number of reports and metrics for the East Power group, I would like you to take a look and let me know how they should be changed to reflect the business in the West. Upon agreement on the metrics, I would like issue these reports on a monthly basis. Tammy Sheppherd will get you a copy of the reports/metrics utilized in the East. Regards

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OUT: EPMI WEST - Recent Trades with Long term Duration

IN: Pablo: I am forwarding this message that I send to Patricia last week. She may be out of town or otherwise engaged. Would it be possible for you (or someone else in the firm) to respond to my two questions? I only need a short explanation. If you need to reach me, my telephone is (713) 853-5620 and my fax is (713) 646-3490. Thank you for your assistance. Regards. Sara

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OUT:
Meeting in BA