
Date: Thu, 8 Mar 2001 03:56:00 -0800 (PST)
From: kimat.singla@enron.com
To: chris.germany@enron.com
Subject: Re: TP3

Chris, remember we discussed this on Tuesday aftenoon - When we came in
Sunday (after physical deals were transfered over to new books) we
recaculated individual P&L's. Your book which had Friday's P&L of ($2,240)
was making $131,808 due to physical deals movement. So we had  to tranfer the
difference of $134,048 from your book to Scott Neal's to bring you back at
Friday's P&L.  This hit came in your Nymex book in March causing you to lose
more than you think in Nymex.

On Monday you would have recovered that physical loss but several deals
Sitara 636796, 636821, 646038 were changed on Monday  resulting in taking the
Sunday's gain away from your book.

Let me know if we need to discuss further. thanks.


Kimat





