Message-ID: <22210624.1075855217211.JavaMail.evans@thyme> Date: Thu, 13 Dec 2001 08:33:21 -0800 (PST) From: rick.wurlitzer@enron.com To: m..presto@enron.com, john.arnold@enron.com, harry.arora@enron.com Subject: Wholesale Power and Gas Trading operation Mime-Version: 1.0 Content-Type: text/plain; charset=ANSI_X3.4-1968 Content-Transfer-Encoding: 7bit X-From: Wurlitzer, Rick X-To: Presto, Kevin M. , Arnold, John , Arora, Harry X-cc: X-bcc: X-Folder: \John_Arnold_Jan2002_1\Arnold, John\Inbox X-Origin: Arnold-J X-FileName: jarnold (Non-Privileged).pst 8214 Colonial Oaks Lane Spring, Texas 77379 December 13, 2001 Regarding: energy trading positions To Kevin Presto, Harry Arora, and John Arnold: I am writing to you to express my desire to be apart of the Wholesale Power and Gas Trading operation that will potentially be created with an entity that has a high credit rating. I have been working for Rogers Herndon in Enron Wholesale Services on the Options Desk. In this role I have modeled the power options that are embedded in the various deals done through Enron Energy Services with large industrial and commercial clients. In addition, I profitably managed the positions and priced deals for structurers and originators. I realize that now is a difficult time but am confident that I would make an excellent addition to your team for several key reasons: ? Proven experience in the financial markets and direct trading experience in various markets, including electricity and natural gas, mortgage backed securities, U.S. Treasury securities, foreign exchange, EuroCurrency and EuroDollar deposits ? Team player and high work ethic, successfully balancing trading opportunities with managing risk ? Solid portfolio management and risk management experience in electricity and mortgage banking ? Five years direct experience in trading, risk management, structured products and marketing of electricity for the United States ? Actively involved in the physical markets and strong understanding of the western grid ? Experience trading OTC forwards and options at major hubs in other NERC regions such as Cinergy, Entergy, ERCOT, NEPOOL and PJM ? Worked for both unregulated power marketers and regulated utility ? Extensive experience in derivatives and structured products ? Ability to effectively work with marketers pricing and structuring deals for industrial and commercial end users of energy ? Strength in mentoring junior traders Thank you, Rick J. Wurlitzer Home: (281)251-6210, Work: (713)853-5049 E-Mail: Home: r.wurlitzer@att.net , Work: rwurlitz@enron.com