you are dead.



	Susan J Mara
	06/28/2001 01:02 PM
		 
		 To: mday@gmssr.com, Jeff Dasovich/NA/Enron@Enron
		 cc: 
		 Subject: Correction  -- RE: PUC agenda discussion -- Wood not Brown

I'm feeling better now

Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854
----- Forwarded by Susan J Mara/NA/Enron on 06/28/2001 11:01 AM -----

	"Manuel, Erica" <Erica.Manuel@edelman.com>
	06/28/2001 10:49 AM
		 
		 To: "Manuel, Erica" <Erica.Manuel@edelman.com>, "'AReM'" 
<arem@electric.com>, "'Douglas Oglesby (E-mail) (E-mail)'" 
<doao@chevron.com>, "Fairchild, Tracy" <tracy.fairchild@edelman.com>, 
"'Jeffrey Hanson (E-mail) (E-mail)'" <jeff.hanson@phaser.com>, "'Joseph Alamo 
(E-mail) (E-mail)'" <jalamo@enron.com>, "Beiser, Megan" 
<Megan.Beiser@edelman.com>, "''Robert Morgan' (E-mail)'" 
<rmorgan@newenergy.com>
		 cc: 
		 Subject: Correction  -- RE: PUC agenda discussion


Pls forgive my mistake - Commissioner Wood made the negative comments about
direct access., NOT Commissioner Brown.

>  -----Original Message-----
> From:    Manuel, Erica  
> Sent:   Wednesday, June 27, 2001 12:52 PM
> To:   Allen, Stevan; AReM; Douglas Oglesby (E-mail) (E-mail); Fairchild,
> Tracy; Jeffrey Hanson (E-mail) (E-mail); Joseph Alamo (E-mail) (E-mail);
> Megan Beiser; 'Robert Morgan' (E-mail); Warner, Jami
> Subject:   PUC agenda discussion
> 
> The PUC hosted a conference call today to discuss the agenda for
> tomorrow's hearing. Here's what they said about direct access:
> 
> At the request of Assemblyman Hertzberg, the PUC has decided to hold the
> DA agenda item until their continuation meeting on Tuesday, July 3.
> President Lynch said the commission is holding this issue to the "limit of
> their ability." The July 3 hearing date is exactly 30 days prior to the
> date when bond contract negotiations will begin in earnest.
> 
> Commissioner Brown explained that it is "clearly necessary" for the PUC to
> end new enrollments to direct access to ensure a suitable financial
> environment for bond sales. 
> 
> "We need to secure rates as well as ensure that we have customers to pay
> those rates."
> 
> He went on to say that DA was initially a side issue in the deregulation
> process and that it never really became a reality for small customers.
> Even large customers were inconvenienced when problems with the CTC
> complicated matters even further.
> 
> Brown returned to the standard argument that if DA continues, businesses
> will be tempted to bail out on their obligation to help the state pay for
> all the forward contracts it has secured on their behalf.
> 
> "Direct access is about avoiding regulatory decisions for paying the costs
> incurred during this crisis."
> 
> Erica Manuel
> Edelman Worldwide / Sacramento 
> 916/442-2331 phone
> 916/447-8509 fax
> erica.manuel@edelman.com
>