Janine --

What does this do to our current book of customers on MSG?  Will our $$ margin evaporate?  Is there some other "solution" on how to restructure the FE retail market?  What wholesale issues does FE need to change to help the EWS desk?

Jim

 -----Original Message-----
From: 	Migden, Janine  
Sent:	Friday, November 09, 2001 10:01 AM
To:	Shapiro, Richard; Steffes, James D.
Cc:	Ibrahim, Amr
Subject:	FE -MSG

FirstEnergy has made a filing with regard to the shopping credit for next year.  In that filing they are claiming that they have reached 20% switching and therefore do not need to increase the percentage spread between the price we buy the MSG at and the shopping credit.  I have been working with Scott Reneicke and Nicole Schwartz and am planning to file an intervention on behalf of Enron and contest the calculation of the 20% (which includes affiliate transactions) and the argument to not increase the percentage spread and any other arguments Scott may identify. 

Given circumstances, I am assuming that since this is something I can handle, I should do so as opposed to involving outside counsel.

Unless I hear otherwise, I will proceed.

Janine