GCP_ENA modifications are highlighted in red.



Rgds.

Samuel x3-9890
(GCP_ENA)





Walter Guidroz@ENRON
11/20/2000 09:45 AM
To: Camille Gerard/Corp/Enron@ENRON, Mary G Gosnell/HOU/ECT@ECT, Samuel 
Schott/HOU/ECT@ECT, Adnan Patel/Corp/Enron@ENRON, Tanya Rohauer/HOU/ECT@ECT, 
Paul Radous/Corp/Enron@ENRON, Tom Moran/HOU/ECT@ECT, Bradley 
Diebner/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT, 
Stacey Richardson/HOU/ECT@ECT, Frank L Davis/HOU/ECT@ECT, Noel 
Petterson/Corp/Enron@Enron, Walter Guidroz/NA/Enron@Enron
cc:  
Subject: ClickPaper approvals, 11-20-00

Attached are ClickPaper approvals for November 20, 2000.  Please note that 
the credit limits in the spreadsheet reflect one-tenth of the actual credit 
limit that we have assigned for a given counterparty since the headroom 
within ClickPaper is calculated using Sigma Factor * Volume rather than 
Pprice * Volume.  We will assign all future limits by using one-tenth of the 
assigned credit limit since using the Sigma factor in these calculations 
generates a value of roughly one-tenth of the full limit.  Hopefully this 
will eliminate some of the recent problems we've had with counterparties 
busting their credit limits.  Please call or send a note if you have any 
questions.  Thanks.

Walter