David:

In the midst of leaving my voice mail, I think I realized my error.  
I believe that a guarantor can be a "corporation,....entity" having total 
asssts exceeding $10million.  However, that subpart (I) guarantor cannot be 
one that falls into the subpart (III) category (which is different from the 
prior law).




Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com