>FYI.  Please keep confidential.  John White's trying to go after the contracts.  Hap Boyd, who's on his Board, is opposing John's action and asking him not to go forward.  Too bad.  He was ready to launch.  Not sure what Hap's sensitivities are.  John's asked me not to intervene at this point.

Best,
Jeff
> -----Original Message-----
> From: Hap.Boyd@enron.com [mailto:Hap.Boyd@enron.com]
> Sent: Monday, September 10, 2001 10:12 AM
> To: Rachel McMahon
> Cc: Cavanagh, Ralph; steve_ponder@fpl.com; jweisgall@aol.com;
> joer@calpine.com
> Subject: Re: for Board review and comment
>
>
>
> John,
> As you know I do not favor attacking the DWR contracts. I don't want our
> company name associated with such an attack. The companies that
> negotiated
> the contracts did so in good faith at a time when prices were high and
> expected to continue so. We have defended contract sanctity in the past
> and
> should continue to do so. If copanies want to voluntarily renegotiate,
> that
> is up to them and DWR. I intend to stay out of it and would urge CEERT
> to
> do the same.
> Hap
>
>
>
> **********************************************************************
> This e-mail is the property of Enron Corp. and/or its relevant affiliate
> and may contain confidential and privileged material for the sole use of
> the intended recipient (s). Any review, use, distribution or disclosure
> by others is strictly prohibited. If you are not the intended recipient
> (or authorized to receive for the recipient), please contact the sender
> or reply to Enron Corp. at enron.messaging.administration@enron.com and
> delete all copies of the message. This e-mail (and any attachments
> hereto) are not intended to be an offer (or an acceptance) and do not
> create or evidence a binding and enforceable contract between Enron
> Corp. (or any of its affiliates) and the intended recipient or any other
> party, and may not be relied on by anyone as the basis of a contract by
> estoppel or otherwise. Thank you.
> **********************************************************************