I agree that we should not move the business at this time, but we do need cross-training to occur.  Eventually the business should come here to Houston.  The decision was made to bring the physical trading business to the Houston office and I do not believe that that task has been completed.  My feelings are for continuity that all operations involving trading and scheduling of physical gas should move here under your firm control and direction.  I also think that some of our counterparties are confused as to who to call concerning these types of deals and that trading decisions are being made in Denver without our knowledge until after the fact.  This is something that I have heard from you and Barry that should not be happening.

I would still like to go to Denver for the cross-training to occur and we can determine the eventual placement of these operations after things calm down.

Jay

 -----Original Message-----
From: 	Grigsby, Mike  
Sent:	Tuesday, November 27, 2001 2:36 PM
To:	Reitmeyer, Jay
Subject:	Denver

In light of the current circumstances with the company and the concerns that our counterparties have at this time, I would like to leave the upstream business in Denver.  Moving this business would lead to confusion with our customers and to our Denver based employees.  Let me know if you have any issues with this.

If you would like to go up there for coordination and training, then feel free to travel to Denver.

Thanks,
Grigsby