As you can see by the attached memo, we have slightly diffferent
interpretations of what the committee members agreed to.  However, the
direction is still positive.
---------------------- Forwarded by Waters Davis/ADM/HouInd on 05/24/2000
10:40 PM ---------------------------


"Michael McGrath" <MMcGrath@eei.org> on 05/24/2000 04:29:16 PM

To:   <waters-davis@reliantenergy.com>
cc:

Subject:  Re: EEI Support of Forming an EISB with GISB


Waters,
I see the problem - my address is mmcgrath@eei.org - not kmcgrath. Sorry
about that - it was misprinted in a ubp list some time back, and has
haunted me ever since.

Also - be advised we do not yet support the EISB option - we only agree to
find acceptable organizational solutions - which could be an EISB.  If we
jump to EISB at the outset folks will resist.  Let's not introduce that
concept until there is support for it.  I can assure you there will be
resistance to creating another wholesale rule writing group - homework must
be done.

Thanks for your help
  -Mike

>>> <waters-davis@reliantenergy.com> 05/24/00 05:02PM >>>
Resend - -
---------------------- Forwarded by Waters Davis/ADM/HouInd on 05/24/2000
04:02 PM ---------------------------


Waters Davis
05/24/2000 04:00 PM

To:   stanley.horton@enron.com
cc:   kmcgrath@eei.org

Subject:  EEI Support of Forming an EISB with GISB

The next EEI CEO meeting will be held June 18-21.  I believe the CEO EISB
Task Force will recommend to proceed with the next step of working with
GISB to prepare a formal EISB proposed organization plan which would be
voted on by EEI at a future meeting.  We will let you know the outcome of
the June 18-21 meeting.

Waters