Latest draft.
----- Forwarded by Sara Shackleton/HOU/ECT on 08/23/2000 10:39 AM -----

	Sara Shackleton
	08/21/2000 02:27 PM
		 
		 To: Kevin Howard/Enron Communications@Enron Communications, Kevin 
Garland/Enron Communications@Enron Communications, James Ginty/Enron 
Communications@Enron Communications, Kristina Mordaunt/Enron 
Communications@Enron Communications, Gordon McKillop/NA/Enron@ENRON, AnnMarie 
Tiller/Corp/Enron@ENRON, Brent Vasconcellos/Corp/Enron@ENRON, Ryan 
Siurek/Corp/Enron@ENRON
		 cc: 
		 Subject: Raptor - confirm - blackline

All:  Please review for content.  This deal has been recast as a "Price 
Return Swap" and I hope it is self-explanatory (i.e., you won't have to drag 
out the 1996 Equity Definitions).  I will forward a draft letter shortly.