---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 11/27/2000 
01:33 PM ---------------------------


"iris mack" <irismmack@hotmail.com> on 11/23/2000 01:13:26 PM
To: Vince.J.Kaminski@enron.com
cc:  
Subject: Re: F/U to Dr. Kaminski @ Enron from Iris Mack


Hi again,

Here is the second document:


2.  The second word document describes a hybrid derivatives structure I I
workded on at BNP Paribas.  It has applications to the energy industry.


Regards,
Iris


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 - Real Options Business Specs, Part I.doc