Please print.  Thanks. DF
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 03/17/2000 
08:16 AM ---------------------------


Dave Waymire
03/16/2000 05:11 PM
To: Bill Cordes/ET&S/Enron@ENRON, Mary Kay Miller/ET&S/Enron@ENRON, Michel 
Nelson/ET&S/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON, Maria 
Pavlou/ET&S/Enron@ENRON, Charlie Graham/ET&S/Enron@ENRON, James 
Centilli/ET&S/Enron@ENRON
cc: Marsha Eurek/ET&S/Enron@ENRON, Tim Kissner/ET&S/Enron@ENRON 

Subject: TW COMPRESSOR MONETIZATION

Attached is the updated summary sheet for TW's compressor monetization based 
on the criteria decided on in todays meeting.  The 5% COS reduction 
translates to  $149,000 benefit to TW's customers each year.  The sales price 
of $14.8MM will yeild a gain of approximately $3.2MM before tax and after the 
deduction for employee termination expenses estimated at $160,000.