PG&E is saying publicly (and the news is reporting) that PG&E has $500 
million in cash, and it's payables are $583 M.



	"Ronald Carroll" <rcarroll@bracepatt.com>
	01/11/2001 09:05 AM
		 
		 To: <rreilley@coral-energy.com>, <acomnes@enron.com>, <dfulton@enron.com>, 
<jdasovic@enron.com>, <jhartso@enron.com>, <jsteffe@enron.com>, 
<mary.hain@enron.com>, <smara@enron.com>, <snovose@enron.com>
		 cc: 
		 Subject: PG&E Can't Make Next PX Payment

I have been informed that PG&E announced at the CPUC hearing yesterday that 
it will not be able to make its next payment to the PX.  It owes $500+ 
million.