Subject: "Reply - NCL Update".

Body: Technology is wonderful - I can log on here in the London office just as I do in Houston. I feel very in touch. Sounds like you have been busy - I think that the variety of items for the Sunday meeting sounds good. Thanks for taking care of all of this. London is cold but sunny - so very nice. I do love coming here - hope to make the trip once a quarter this year. I will be back at home by Friday evening, so let me know if there is anything that I can do before the meeting. Otherwise I will see you on Sunday. Too bad that Nancy doesn't want the input from the girls on presentation. I think that taking likes and dislikes would be good - no commitment to make changes that the girls' might suggest, but I think that it would be wonderful to have their input. They are the honorees. Oh, well .....as you say, this is volunteer work and probably not worth getting too worked up over the whole thing. --Sally

Subject: "Aspect,Helmerick & Payne, Wilmar, etc amendment revision".

Body: Debra, Based on further discussions with the customer, Jill Zivley has negotiated a revised price for the amendment that you recently prepared for the Aspect, Helmerick & Payne, et al. contract. The revised pricing should be 80% of FOM at IF Houston Ship Channel less .075 and 20% of FOM at GD less .065. Please let me know if you have any questions regarding these changes to the amendment. We need to send this to the customer by tomorrow morning. Thanks,

Subject: "adjustment of swap deals on GDaily top page".

Body: Errol, I looked at your post ids 1405076 (Nov 16) and 1403081 (Nov 15). For a Gas daily swap deal, its gamma, vega, theta, rho, drift, 2nd order should be zero. The change between today and prior day comes from forward value of new deals, changed value of old deals, curve shift of old deals, and liquidation of old deals. We can put it in a simplified formula, Today Value - Prior Day Value = New deals + Changed Deals + Curve Shift - Liquidation of old deals If you look at the gas top page, its liquidation actually includes both existing deals and new deals. The liquidation value for existing deals are 444,192 and liquidation value of new deals is -33,500. The Liquidation of new deals does not contribute to the daily change, so we got -33,502 off here.

Subject: "Yo".

Body:
Looks like we are getting another $5,000.00 from the asbestos settlement. Maybe I should just keep this to myself. I'm so poor and I need so much. Don, why don't I mail this other ag exemption to you and you can fill it out just like the first one you sent in? What mailing address should I use? I'm going to the doctor this afternoon for my allergies. I hate getting old.