Geoff, based on implied default levels, we would look to transact this trade
in the  +$1.50 range

-----Original Message-----
From: Storey, Geoff [mailto:Geoff.Storey@enron.com]
Sent: Monday, November 05, 2001 1:35 PM
To: O'Neal, Randall
Subject: 


Randall, 

Bank of America is the proposed counterparty.

I wrote the exposure incorrectly on my last email. The trades are the
same, but your exposure to Enron is reduced and replaced with exposure
to Bank of America. 

Please let me know what you think.

Geof Storey

Work:713-853-7058
Cell: 713-412-4632


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