david do you have time to review this.  I''ll give you a term sheet I 
recently did.  
thanks 
---------------------- Forwarded by Elizabeth Sager/HOU/ECT on 03/08/2000 
02:36 PM ---------------------------


Ray Hoppe@ENRON
03/06/2000 04:34 PM
To: Elizabeth Sager/HOU/ECT@ECT
cc:  
Subject: Formosa Term Sheet

Elizabeth, can you please review and comment on the attached term sheet.