Message-ID: <14369354.1075861704065.JavaMail.evans@thyme> Date: Wed, 14 Nov 2001 06:31:54 -0800 (PST) From: rogers.herndon@enron.com To: m..presto@enron.com, john.lavorato@enron.com Subject: Retail Mid-Offer Soreads Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Herndon, Rogers X-To: Presto, Kevin M. , Lavorato, John X-cc: X-bcc: X-Folder: \JLAVORA (Non-Privileged)\Lavorato, John\Deleted Items X-Origin: Lavorato-J X-FileName: JLAVORA (Non-Privileged).pst Kevin/John - I will be widening our mid-offer spreadss substantially (25%) today to account for our lack of liquidity in the power markets. Will continue to monitor and increase/decrease as we feel appropriate. This may cause some heartburn with EES but I feel my approach is better than the alternative. When appropriate I would like to sit down with you and review current initiatives. Would like to do this in a smaller group than our typical Thursday meetings. Thanks, Rogers