Message-ID: <6402720.1075862277852.JavaMail.evans@thyme> Date: Thu, 8 Nov 2001 17:36:29 -0800 (PST) From: rod.hayslett@enron.com To: jim.piro@enron.com Subject: RE: FW: Are we to stop IT spending on equipment upgrades???? Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Hayslett, Rod X-To: Piro, Jim X-cc: X-bcc: X-Folder: \RHAYSLE (Non-Privileged)\Hayslett, Rod\Sent Items X-Origin: Hayslett-R X-FileName: RHAYSLE (Non-Privileged).pst Thanks. -----Original Message----- From: Piro, Jim Sent: Thursday, November 08, 2001 4:51 PM To: Hayslett, Rod Subject: Re: FW: Are we to stop IT spending on equipment upgrades???? no in fact we are increasing our short term lines of credit until the Enron situation is cleared in the market. We had planned on a $250 million bond deal in October after the market had absorbed the news about the PGE acquisition but then Enron stock cratered and the bankers told us their was no economic deal that could be done. So we are waiting for things to clear up a bit and hopefully get into the market before year end. We requested the additional short term lines in case this problem continues through next year which it may. Call me if you would like further info. Stan is already aware of this situation. >>> "Hayslett, Rod" 11/7/01 11:00:37 AM >>> Got me to thinking, how are you guys doing? Where are you in the cash management world? I know you were tight before, is the situation any better? > -----Original Message----- > From: Hayslett, Rod > Sent: Wednesday, November 07, 2001 12:31 PM > To: Lowry, Phil; Cordes, Bill; Hotte, Steve; McCarty, Danny; Fossum, > Drew; Smith, Gary; Ambler, John; Umanoff, Adam; Garrison, John L; > Stanley, Brian; Hughes, James A.; Walls Jr., Rob > Subject: FW: Are we to stop IT spending on equipment upgrades???? > > This message was sent earlier today to the > finance/accounting/operational support people in the group to make > them aware that we are in need of slowing down the cash outflow. Your > assistance in this regard is important to the success of preserving > capital at this critical time. > > -----Original Message----- > From: Hayslett, Rod > Sent: Wednesday, November 07, 2001 11:19 AM > To: Barnes, Caroline > Cc: Lindholm, Tod A.; Sommers, Jeffrey E.; Marlow, Keith; Barnes, > Caroline; Brassfield, Morris; Campos, Kathy; Centilli, James; Daily, > Pamela; Geaccone, Tracy; Gilbert, Steve; Keiser, John; Peters, Jerry; > Rosenberg, David E.; Saunders, James; Tu, Denis > Subject: Are we to stop IT spending on equipment upgrades???? > > All spending that can be delayed needs to be delayed. I want to make > it clear that items for health, safety, security and reliability that > need to be spent will be spent, if necessary, but all other spending > needs to be slowed down as much as possible and delayed until further > notice. This is a directive I have just received from Stan. > > Rod Hayslett > EB4054 > 713-853-6178 > > > > ********************************************************************** This e-mail is the property of Enron Corp. and/or its relevant affiliate and may contain confidential and privileged material for the sole use of the intended recipient (s). Any review, use, distribution or disclosure by others is strictly prohibited. If you are not the intended recipient (or authorized to receive for the recipient), please contact the sender or reply to Enron Corp. at enron.messaging.administration@enron.com and delete all copies of the message. This e-mail (and any attachments hereto) are not intended to be an offer (or an acceptance) and do not create or evidence a binding and enforceable contract between Enron Corp. (or any of its affiliates) and the intended recipient or any other party, and may not be relied on by anyone as the basis of a contract by estoppel or otherwise. Thank you. **********************************************************************