Message-ID: <20513208.1075855667313.JavaMail.evans@thyme> Date: Fri, 27 Oct 2000 03:30:00 -0700 (PDT) From: phillip.allen@enron.com To: jeff.richter@enron.com, robert.badeer@enron.com, tim.belden@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: Jeff Richter, Robert Badeer, Tim Belden X-cc: X-bcc: X-Folder: \Phillip_Allen_Dec2000\Notes Folders\All documents X-Origin: Allen-P X-FileName: pallen.nsf We linked the file you sent us to telerate and we replace >40000 equals $250 to a 41.67 heat rate. We applied forward gas prices to historical loads. I guess this gives us a picture of a low load year and a normal load year. Prices seem low. Looks like November NP15 is trading above the cap based on Nov 99 loads and current gas prices. What about a forecast for this November loads. Let me know what you think. Phillip