Message-ID: <13615280.1075863598878.JavaMail.evans@thyme> Date: Fri, 28 Jul 2000 06:25:00 -0700 (PDT) From: robert.badeer@enron.com To: rmills@calpx.com, mathompson@calpx.com, dabrabb@calpx.com Subject: Block Forward Financial Deals Cc: christian.yoder@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: christian.yoder@enron.com X-From: Robert Badeer X-To: rmills@calpx.com, mathompson@calpx.com, dabrabb@calpx.com X-cc: Christian Yoder X-bcc: X-Folder: \Robert_Badeer_Aug2000\Notes Folders\Discussion threads X-Origin: Badeer-R X-FileName: rbadeer.nsf Sir, For the month of August, 2000, we will take 50% of our open Block Forward position financial instead of physical. We would like to make this change because we think the elimination of physical risk will benefit us commercially. Thus for bona fide commercial reasons, we will go financial with 50% of our open Block Forward position. Bob Badeer Manager West Power Trading Enron North America