That is a lifetime...........

 -----Original Message-----
From: 	Steffes, James D.  
Sent:	Thursday, November 29, 2001 12:11 PM
To:	Mihalik, Teresa; Harris, Molly; Bradford, William S.; Shields, Craig; Black, Don; Vanderhorst, Barry; Kingerski, Harry; Nicolay, Christi L.; Leff, Dan
Cc:	Leff, Dan
Subject:	PSE&G Guarantee - Gas Business

PSE&G called yesterday to ask for an LC or cash collateral of $1.0 MM to displace our Corporate Guarantee of $1.3 MM.  They are sending more information in a letter to Bill Bradford copied to me.  THere is a 5 day turnaround - early next week this will be due.