I'm so sorry it's taken me this long to get back to you. It's been truly 
chaotic around here with the California situation, and the lawyers are 
obviously preoccupied, so Christian hasn't gotten back to me yet. I finally 
went back to Chris Mallory, and we determined that the language in this 
confirm is fine as long as it matches the confirm language for the original 
deal - 459996. This was the sale to Constellation at index + $1, but now that 
we're trying to clear all our positions with the California Power Exchange, 
we had to buy it back at index + $3. Does that make any sense, or am I just 
rambling? It's been a long day. Check the confirm for 459996, and make sure 
485446 matches up. Otherwise, call me.

Thanks for your patience,
Kate


   
	
	
	From:  Kimberly Allen                           01/17/2001 11:11 AM
	

To: Kate Symes/PDX/ECT@ECT
cc:  

Subject: Re: #485446

Kate, did we ever find out if this language for Price on the the 
Constellation confirms was o.k.?

KI
---------------------- Forwarded by Kimberly Allen/HOU/ECT on 01/17/2001 
01:11 PM ---------------------------
   
	Enron North America Corp.
	
	From:  Kimberly Allen                           01/10/2001 10:45 AM
	

To: Kate Symes/PDX/ECT@ECT
cc:  
Subject: Re: #485446  

Man what planet did you come from:) Your awesome!

KI


   Kate Symes                01/10/2001 10:34 AM

To: Kimberly Allen/HOU/ECT@ECT
cc:  
Subject: Re: #485446  

Thanks! I handed off the fax to Christian, who said he was extremely busy 
today but would try to get to it this afternoon. In the meantime, I've been 
told by Chris Mallory that the most important issue is that all 
index-forwards get uniform confirmation language. As far as what that 
language is, I'm not sure. Is this different than the confirm letters you've 
received in the past? Let me know if you need me to expedite the process and 
get someone else's opinion.

Thanks,
Kate


   
	
	
	From:  Kimberly Allen                           01/10/2001 06:57 AM
	

To: Kate Symes/PDX/ECT@ECT
cc:  

Subject: Re: #485446  

Kate, I just faxed over the Constellation confirm just in case you need to 
view it. 

Thanks,

Kimberly


   Kate Symes                01/09/2001 06:51 PM

To: Kimberly Allen/HOU/ECT@ECT
cc:  
Subject: Re: #485446  

I've forwarded this message onto Christian Yoder, one of our lawyers. Chris 
Mallory and Jeff Richter suggested I check with Christian first on the 
language of these confirms. I'll get back to you first thing tomorrow.

Thanks,
Kate


   
	
	
	From:  Kimberly Allen                           01/09/2001 01:48 PM
	

To: Kate Symes/PDX/ECT@ECT
cc:  

Subject: #485446

Kate,
I received and index trade into NP15 that Chris Mallory did. For Price the 
confirmations states: 

The average day ahead, post congestion price for the Constrained Price as 
published by the California Power Exchange for the on in the period of 
delivery stated herein plus 3.00.

Is this language o.k. to accept on the confirmation.

Thanks,

Kimberly Indelicato
33031