FYG 
---------------------- Forwarded by Neil Bresnan/HOU/EES on 08/07/2001 06:32 PM ---------------------------
From:	Bill Williams III/ENRON@enronXgate on 08/07/2001 05:50 PM
To:	Neil Bresnan/HOU/EES@EES
cc:	 
Subject:	Ancillary Services

Neil,
The revenue for the sale that Phil entered to the CAISO will be captured by our volume management group.  RT will have no access to this revenue.  Consequently, we will not buy or sell it on your behalf to capture it.
Please give me a call tomorrow for a more thorough explanation.
Thanks,
Bill