He's re-trading on the retainage.  Let's discuss.

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 01/04/2001 03:11 
PM ---------------------------


michael.o.sandridge@us.abb.com on 01/04/2001 01:42:58 PM
To: ben.jacoby@enron.com, Kay.mann@enron.com
cc: david.onuscheck@us.abb.com, karla.hesketh@us.abb.com 

Subject: Contract comments



Ben/Kay,
After reviewing the contract with Dave we found only a couple of points that 
we
would like to mention;
1) 1.48 the Maximum Liability Amount should be $768,000 USD
2) The unit will not be delivered until the last 10% (ten percent) retention 
is
paid and we will post the surety bond as shown in in Exhibit D
3) ABB would not buy back the unit except from Enron.

Please let me know if there is any way that we may further assist you.

MIKE