I had meant to include you on the original distribution.

Wanda
---------------------- Forwarded by Wanda Curry/HOU/EES on 05/07/2001 04:51 PM ---------------------------

Wanda Curry
05/07/2001 04:41 PM


To:	Robert C Williams/ENRON@enronxgate, James D Steffes/NA/Enron@Enron, Harry Kingerski/NA/Enron@Enron, Jeff Dasovich/NA/Enron@Enron, William S Bradford/Enron@EnronXGate, Michael Tribolet/ENRON@enronXgate
cc:	Evan Hughes/HOU/EES@EES, Diann Huddleson/HOU/EES@EES, Wes Colwell/Enron@EnronXGate, Mary Lynne Ruffer/HOU/EES@EES, Scott Mills/HOU/EES@EES 
Subject:	PX Credits

I have summarized my understanding of the top three issues relating to the PX Credits.

1) Interim Methodology
2) SCE & PG&E Regulatory Requests and Historical Exposures
3) Forward Exposure

Please see attached file.  Call if you would like to discuss. 

Wanda Curry