Physical only is great!  We now await word from Tom.
Thanks!


From: Tana Jones@ECT on 09/26/2000 02:37 PM
To: Camille Gerard/Corp/Enron@ENRON
cc: Tom Moran/HOU/ECT@ECT, Harry M Collins/HOU/ECT@ECT 

Subject: ClickPaper-Woodlands Forest Product

Per our conversation, the above counterparty is approved by Legal to trade 
online physical pulp & paper only.  We cannot trade financial until Credit 
receives financial statements and can determine whether they are an eligible 
swap participant or not.