Message-ID: <21964916.1075863436683.JavaMail.evans@thyme> Date: Fri, 10 Aug 2001 09:08:56 -0700 (PDT) From: j.kaminski@enron.com To: titman@mail.utexas.edu Subject: RE: Spring 2001 Energy Finance Conference Participation by Jeffrey K. Skilling Cc: vkaminski@aol.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: vkaminski@aol.com X-From: Kaminski, Vince J X-To: 'Sheridan Titman @ENRON' X-cc: 'vkaminski@aol.com' X-bcc: X-Folder: \VKAMINS (Non-Privileged)\Kaminski, Vince J\Sent Items X-Origin: Kaminski-V X-FileName: VKAMINS (Non-Privileged).pst Sheridan, I am going out to lunch with Rick Buy today and will mention the valuation seminar. I shall ask Rick how many employees from his group he would send to this program. I have no suggestions regarding the program, except that the last year selection of topics was very interesting. You can include e-bus and on-line trading as the topics for 2002. My address is: 1400 Smith Houston, TX 77002 - 7361 Room EB1962 Vince -----Original Message----- From: Sheridan Titman @ENRON [mailto:IMCEANOTES-Sheridan+20Titman+20+3Ctitman+40mail+2Eutexas+2Eedu+3E+40ENRON@ENRON.com] Sent: Thursday, August 09, 2001 6:25 PM To: Kaminski, Vince J Cc: vkaminski@aol.com; Kaminski, Vince J Subject: RE: Spring 2001 Energy Finance Conference Participation by Jeffrey K. Skilling Vince: Ehud and I will meet tomorrow to start sketching out the February conference. Let me know if you have any strong opinions of issues that you think we should discuss. Ehud will write a formal letter to Skilling inviting him to the conference. When we have the opportunity, I would like to have a discussion with you about what the people at Enron think they understand and do not understand about valuation. Also, do you think it is an advantage that you are doing business with relatively naive financial institutions or a disadvantage? I'm thinking that it might make sense to run a one or two day executive program on valuation which would include participants from energy companies and financial institutions. Let me know if you think you could get support for this at Enron? By the way, I still need a name and address to send my check back. I think Shirley can take care of it. Thanks, regards, Sheridan >Sheridan, > >I am aware of the duplicate check problem and I owe you phone call >about this. I am still trying to mobilize internal support for the >valuation >study we discussed at San Antonio. Mark Ruane whom you met, moved on >to a new job and his successor is a bit skeptical about the need for a >study. >Internal Enron perception is that we understand the process of decision >making >inside big financial institutions (or lack of it), especially in the >energy area, >regarding valuation of investment projects. Any study would just reveal >what we >already understand about quite simplistic tools they use: DCF with a >discount >rate being subject to negotiations within a very broad band of potential >values. > >It will help if I get the agenda of the conference soon to pass it on to >Jeff Skilling. It would >also help if you could write a formal letter to him. > > >Vince > > > -----Original Message----- > From: Sheridan Titman @ENRON > [mailto:IMCEANOTES-Sheridan+20Titman+20+3Ctitman+40mail+2Eutexas+2Eedu+3E+40 ENRON@ENRON.com] > > > Sent: Thursday, August 02, 2001 3:49 PM > To: Kaminski, Vince J > Subject: RE: Spring 2001 Energy Finance Conference Participation by > Jeffrey K. Skilling > > Dear Vince: > > That is great news that Jeffrey Skilling will be speaking at our > conference. By getting Skillings involvement we should be able to > increase > the quality of the conference by at least a few notches. > > By the way, Shirley may have mentioned to you that I somehow received > two > checks for the work I did last spring. I went off to Hong Kong this > summer > and didn't follow up on this other than to mention it to Shirley before > I > left. (I just got back last Friday.) Shirley left me a phone message to > mail the check back to her. If you can email Shirley's last name and > mailing address to me I'll send her the check. Also, if you are > interested > in having me do some work on the valuation issues we discussed at the > Texas > Finance Festival please let me know. > > One more thing: The university that I'm affliliated with in Hong Kong > (HKUST) just hired a new president, Paul Chu, who is from Houston and > has > some sort of relationship with Ken Lay. The Dean at the HKUST business > school mentioned that Paul Chu was meeting with Ken Lay this summer and > would discuss possible avenues of collaboration. If you can think of > anything that you would be interested in let me know and I can discuss > it > with the Dean. > > I hope you are having a great summer and look forward to seeing you when > you come to Austin this fall for our energy finance class and in > February > for the conference. > > regards, > > Sheridan > Sheridan Titman > Department of Finance > College of Business Administration > University of Texas > Austin, Texas 78712-1179 > > 512-232-2787 (phone) > 512-471-5073 (fax) > > titman@mail.utexas.edu > > > > >********************************************************************** >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. >********************************************************************** > Sheridan Titman Department of Finance College of Business Administration University of Texas Austin, Texas 78712-1179 512-232-2787 (phone) 512-471-5073 (fax) titman@mail.utexas.edu