Message-ID: <3092113.1075863373510.JavaMail.evans@thyme> Date: Thu, 13 Sep 2001 12:37:46 -0700 (PDT) From: l..carson@enron.com To: rick.buy@enron.com, david.gorte@enron.com Subject: DASH Classification - "Proceed - See Other RAC Comments" Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Carson, Rick L. X-To: Buy, Rick , Gorte, David X-cc: X-bcc: X-Folder: \RBUY (Non-Privileged)\Buy, Rick\Inbox X-Origin: Buy-R X-FileName: RBUY (Non-Privileged).pst As we discussed yesterday, in our review of our DASH recommendation vs. actual performance we found 36 DASHes that have been approved since late 1999 that carry the recommendation "Proceed - See Other RAC Comments". Typically the RAC Comments describe substantial issues that must be resolved if the transaction is to be successful. Given RAC's increased visability and accountability for portfolio performance, perhaps a more forceful description than "See Other RAC Comments" would be desirable which could be something like: "Issues - Sr. Management Approval Required" Therefore, the four DASH categories would be as follows: ___ Proceed with Transaction ____ Issues - Sr. Management Approval Required ____ Returns Below Capital Price ____ Do Not Proceed The "See other RAC Comments" could be used as a footnote with an asterisk placed on any of the above categories where we wanted to call the reader's attention to our comment section. We would, however, eliminate "See other RAC Comments" as an official DASH classification category. Please let me know what you think. We can instantly make this change or any variation you would like in both the DASH Template and Library. Regards! Rick C.