Stewart:  I'll have to review their master to be certain (and insure that 
there is no specific prohibition against weather transactions).  In general, 
there is nothing else required specifically, although we may have to add some 
language to the weather confirmations themselves.  Sara



	Stewart Rosman
	06/06/2000 05:26 PM
		 
		 To: Sara Shackleton/HOU/ECT@ECT
		 cc: 
		 Subject: Merced Question

Sara -
Does Merced need to do anything to enter into financial weather transactions 
(remember that they have a ISDA and have done numerous power swaps for the 
past year)?


Thanks 


Stewart