Message-ID: <23985609.1075855692470.JavaMail.evans@thyme> Date: Mon, 31 Jan 2000 04:28:00 -0800 (PST) From: phillip.allen@enron.com To: julie.gomez@enron.com Subject: Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Phillip K Allen X-To: Julie A Gomez X-cc: X-bcc: X-Folder: \Phillip_Allen_Dec2000\Notes Folders\'sent mail X-Origin: Allen-P X-FileName: pallen.nsf Julie, The numbers for January are below: Actual flows X gas daily spreads $ 463,000 Actual flow X Index spreads $ 543,000 Jan. value from original bid $1,750,000 Estimated cost to unwind hedges ($1,000,000) Based on these numbers, I suggest we offer to pay at least $500,000 but no more than $1,500,000. I want your input on how to negotiate with El Paso. Do we push actual value, seasonal shape, or unwind costs? Phillip