Message-ID: <16276145.1075844209958.JavaMail.evans@thyme> Date: Tue, 22 May 2001 05:42:00 -0700 (PDT) From: jeff.dasovich@enron.com To: skean@enron.com, james.steffes@enron.com, richard.shapiro@enron.com, sandra.mccubbin@enron.com, karen.denne@enron.com, mpalmer@enron.com, michael.tribolet@enron.com, susan.mara@enron.com Subject: More Follow-up with Hertzberg et. al. Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Jeff Dasovich X-To: skean@enron.com, James D Steffes, Richard Shapiro, Sandra McCubbin, Karen Denne, mpalmer@enron.com, Michael Tribolet, Susan J Mara X-cc: X-bcc: X-Folder: \Richard_Shapiro_June2001\Notes Folders\All documents X-Origin: SHAPIRO-R X-FileName: rshapiro.nsf I spoke again briefly with Hertzberg last night and had a lengthy discussion late last night with the guy from CSFB who's been providing Hertzberg with pro bono financial advice on the crisis. Hertzberg is still hot on putting all of the utility past due on the noncore, though his consultant and I agreed that, politically, the number is more likely to end up somewhere south of 100% (if this thing gets legs). Hertzberg asked for, and we provided today, a "fifth scenario," which shows how the numbers work out if 100% of core's share of utility past due is shifted to noncore. It's attached. Will report back with any further developments. Note: Please discard the file that I sent you yesterday and replace it with this one. That file accidentally had the same cents/kwh, noncore rate for both Edison and PG&E. Edison's rate should be 12.98 cents/kwh NOT 12.21 cents/kwh. It's the line that reads "Total cost to Noncore under CPUC's Recent Decision." Best, Jeff