----- Forwarded by Sara Shackleton/HOU/ECT on 12/27/2000 05:56 PM -----

	Michael.Collins@ubsw.com
	12/27/2000 05:47 PM
		 
		 To: sara.shackleton@enron.com, jeff.nogid@enron.com
		 cc: 
		 Subject: New draft trade confirmation



     Jeff and Sara,

     Please find attached a revised draft trade confirmation.

     You should note the most recent changes in a pink color in the
     document.

     Please call me with any questions.


     Mike Collins
     Executive Director
     Equity Risk Management
     UBS Warburg LLC
     203-719-8385 (phone)
     203-719-7031 (fax)

 - MARKUP.DOC

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