left you a voice mail.   Have we ever done a basis swap with Phibro or the UK 
entitiy?  What is the payment date?  This deal concluded about a month ago.  
SS




Bernice Rodriguez
07/06/99 09:02 AM
To: Sara Shackleton/HOU/ECT@ECT
cc:  
Subject: Phibro Inc - EX6176.1

Another new week....
 Any updates on this .....


---------------------- Forwarded by Bernice Rodriguez/HOU/ECT on 07/06/99 
09:02 AM ---------------------------


Bernice Rodriguez
07/02/99 02:14 PM
To: Sara Shackleton/HOU/ECT@ECT
cc:  
Subject: Phibro Inc - EX6176.1

Hi there !!

Any updates on this....

BR

---------------------- Forwarded by Bernice Rodriguez/HOU/ECT on 07/02/99 
02:14 PM ---------------------------


Bernice Rodriguez
06/30/99 10:13 AM
To: Sara Shackleton/HOU/ECT@ECT
cc:  
Subject: Phibro Inc - EX6176.1

I will be faxing you the confirmation and deal ticket on this trade.  This is 
the first CFD we've had with Phibro Inc. 

Please review and if you have questions, please call.

Thanks 
Bernice
x37972