----- Forwarded by Steven J Kean/NA/Enron on 02/28/2001 02:39 PM -----

	Michael Tribolet/ENRON@enronXgate
	02/24/2001 08:07 AM
		 
		 To: Steven J Kean/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron, James D 
Steffes/NA/Enron@Enron, Susan J Mara/NA/Enron@ENRON
		 cc: 
		 Subject: FW: Your advice on Saybrook Letter

FYI:

 

 -----Original Message-----
From:  Gary Ackerman <foothill@lmi.net>@ENRON 
[mailto:IMCEANOTES-Gary+20Ackerman+20+3Cfoothill+40lmi+2Enet+3E+40ENRON@ENRON.
com] 
Sent: Friday, February 23, 2001 8:28 PM
To: Tribolet, Michael
Subject: Your advice on Saybrook Letter

Michael,

I received today the attached letter from Jonathon Rosenthal of Saybrook
Capital.

Based on the conversation you and I had yesterday, I think that a proper
counter proposal would be to meet in LA, organize a credit committee,
and instruct Saybrook to seek funding from PG&E and SCE.  But, I would
be interested in hearing your thoughts.

gba

 - WPTF jmw_.doc