Rod,
how was the holiday. i hope not as exhausting as mine.
i assume that Cindy Olsen has yet to get you an answer.  Enron may get a
little bump in anticipation of a positive earnings release.  This may give
us an opportunity to create some sort of hedge/collar.  Let me know as soon
as you find out.
Erik

>  -----Original Message-----
> From: 	Solis, Erik  
> Sent:	Thursday, June 21, 2001 12:41 PM
> To:	'rod.hayslett@enron.com'
> Subject:	quick question - confidential
> 
> rod,
> on 1/1/02 you show to acquire a vested release of 50,000 shares at 1.50
> (1/1/98 grant date plan PU98).  this looks much the same as the 50,000
> restricted shares that were redeemed on 1/11/01. could you give me an idea
> of what your expectations as to what will transpire.  at first glance, i
> would think that you would get 50k shares with a basis of 1.50 less taxes
> due (net 30,000 shares). This is what happened this past year with the two
> releases of 1168 & 3604 shares.  I am just wondering about the redemption
> and/or cancellation probabilities of this upcoming release.
> 
> let me know.
> Erik 


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