Buckle up and hold tight.  Like I said before, you've got an immense amount of support and respect from your group, irrespective of the outcome.  Man, who ever woulda thunk...

FYI:  Calger came down from Portland to talk to the troops--he was pretty darn tough on his criticism of old management (the one's who have left) and said the new team is pushing hard to clean things up and right the ship---he did a pretty good job.  Guess the question remains, Is the mess too big to clean up?

Also, touch based with Jim when you get a minute re: meeting today with Edison to try to get our money back.  Edison is being an absolute *$#-hole.  Their bottom line, if you can believe it, is that WE OWE THEM money.  The arrogance is astounding. We're contemplating as an option recommending to you and management that we join with others and threaten to take Edison in involuntarily---just contemplating at this point, though. ??If you have any questions, just let me know.  But essentially, the meeting followed along the outlines of the note I sent out a couple of days ago outlining Edison's position (which I'm re-attaching).??Best,?Jeff?? -----Original Message-----?From: 	Dasovich, Jeff  ?Sent:	Tuesday, October 30, 2001 4:59 PM?To:	Tribolet, Michael; Mellencamp, Lisa; Swain, Steve; Huddleson, Diann; Steffes, James D.; Curry, Wanda; Mara, Susan; Shapiro, Richard?Subject:	Conversation with Fielder of Edison??The call was pretty tough. ?Quick side bar:  Edison is very concerned about TURN getting a stay from the court on the EIX/PUC settlement .?At the start of the call, Fielder said that he'd fax me the judge's ruling in the TURN appeal, but based on how the call went, I'm not sure if he'll send it. ?As we conjectured sometime back, Edison is indeed talking about charging us (through a reduced PX credit) for our "share" of the undercollection.?Our "share" would be paid down through a reduction in the PX credit over the life of the settlement (presumably about 2-3 years).?In short, with one hand Edison would pay us what they owe us; with the other hand, Edison would take it back.?Edison intends (as we conjectured) to base the amount of the undercollection owed by DA customers on the percentage of load they represent (e.g., if DA is (was) 10% of the load, they would pay for 10% of the undercollection).?We had a very "animated" discussion that went back and forth for some time.  ?I told him that there's been some gross misunderstanding since his proposal simply doesn't track.?Fielder said that they believe their argument is solid.?Here's how we left it--he's going to get back to us by COB today or tomorrow and tell us what Edison's calculation is of our "share" of the undercollection.?We can discuss further on the call that Wanda's setting up for tomorrow.??If you have any questions between now and then, 	give a holler.??Best,?Jeff? -----Original Message-----?From: 	Dasovich, Jeff  ?Sent:	Monday, October 29, 2001 6:55 PM?To:	Dasovich, Jeff; Steffes, James D.; Mara, Susan; Tribolet, Michael; Mellencamp, Lisa; Curry, Wanda; Williams, Robert C.; 'Mike Day (E-mail)'?Cc:	Shapiro, Richard; Sanders, Richard B.; Sharp, Vicki?Subject:	RE: Proposed SCE Negotiation Strategy??Couple of additional pieces of information:??In conjunction with the issue paying ESPs past due PX amounts, Edison has affirmed that it will be making a proposal regarding how it wants to calculate the PX credit going forward.?It remains unclear whether Edison will try to fold controversial issues into negotiations on getting paid past due PX credit amounts(e.g., PX credit contributed to undercollection and therefore DA customers should help pay down the undercollection; DA customers must pay for stranded DWR contracts, etc.).  ?So while Edison is making good noises about wanting to settle (which is a certainly a step in the right direction), it's still unclear whether they intend to attach terms to the deal that make the whole thing a nonstarter.?Got a call into John Fielder to try to get answers to some of these questions.?Will report back when (and if) we get some answers.??Best,?Jeff?? -----Original Message-----?From: 	Dasovich, Jeff  ?Sent:	Monday, October 29, 2001 5:27 PM?To:	Steffes, James D.; Mara, Susan; Tribolet, Michael; Mellencamp, Lisa; Curry, Wanda; Williams, Robert C.; 'Mike Day (E-mail)'?Cc:	Shapiro, Richard; Sanders, Richard B.; Sharp, Vicki?Subject:	RE: Proposed SCE Negotiation Strategy??With respect to past due PX credit amounts, Edison has told folks today that:??Edison will distribute a one-pager by mid-day tomorrow laying out its proposal for how to handle payment of past due PX credit amounts.?Edison is trying to meet individually with all ESPs prior to the Nov. 7th prehearing conference at the PUC to discuss and hopefully reach agreement with ESPs on its proposal.?Edison hopes to make progress with the ESPs between now and the Nov. 7th prehearing conference, and if so, intends to tell the judge that the PUC should delay action on the complaints pending settlement.??We'll distribute Edison's proposal as soon as we get it.??Best,?Jeff???