JUNE 16             TECO TAP                  97.500/ HPL IFERC
                               HPL KATY (DBND)     5.000/ ENRON

                                LS HPL KATY              25.000/ ENRON



JUNE17                 TECO TAP                  40.000/ ENRON

75.000/ HPL IFERC



JUNE 18                  TECO TAP                  40.000/ ENRON
                                 50.000/ HPL IFERC