Mike,

Please, stay on top of this development.

Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/24/2000 
10:27 AM ---------------------------


Vince J Kaminski
01/21/2000 12:55 PM
To: Rick Buy/HOU/ECT@ECT, Ted Murphy/HOU/ECT@ECT
cc: Vince J Kaminski/HOU/ECT@ECT 
Subject: California Power

Rick & Ted,

One more thing to watch. California power prices next  summer.
We see the possibility of higher prices and of spikes (bad hydro conditions
in California, growing demand for power).

Vince