One other argument we could make:  according to the traders, the gas market 
is very liquid.  Because the gas market is very liquid, generators will sell 
their gas and turn off their units.  So the ISO will create a reliability 
problem.


From: James D Steffes@ENRON on 10/27/2000 11:09 AM CDT
To: dwatkiss@bracepatt.com, dexickson@mwe.com, Joe Hartsoe/Corp/Enron@ENRON, 
Steven J Kean/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron, Mary 
Hain/HOU/ECT@ECT, Susan J Mara/SFO/EES@EES, Jeff Dasovich/NA/Enron@Enron
cc:  
Subject: Pleading to Stop ISO

Here is the outline of some points to make in the filing today.