Joe, Jeff

It seems MS wants to be only on one side of the transaction.
I think it re

Joe, Jeff

It's interesting MS wants to be only on one side of the transaction.
I think it reflects their ability to hedge. Any other thoughts?

Vince
 -----Original Message-----
From: 	Hirl, Joseph  
Sent:	Tuesday, August 21, 2001 3:19 AM
To:	Shankman, Jeffrey A.; Kaminski, Vince J
Subject:	FW: Index 

Jeff/Vince,

One of our potential customers provided us with MS's daily price sheet from earlier this week.  Interesting to see the JCC offers that have been provided.  Some of the WTI offers look fairly rich as well, particularly the 10 yr price.  MS also requires fairly hefty cash collateral requirements.

Thought this might be of interest in determing how competitive we could be with JCC.

Joe

 -----Original Message-----
From: 	Higaki, Akiko  
Sent:	Tuesday, August 21, 2001 5:09 PM
To:	Hirl, Joseph
Subject:	Index 

 << File: Morgan Stanley Index1.tif >> 

***********************************
Akiko Higaki
Enron Japan Corp.
Tel: +81-3-5219-4634(Direct)
      +81-3-5219-4500(General)
Fax: +81-3-5219-4510
URL:http://www.enron.co.jp
***********************************