Message-ID: <2937800.1075857580946.JavaMail.evans@thyme> Date: Mon, 17 Jul 2000 00:50:00 -0700 (PDT) From: john.arnold@enron.com To: frank.hayden@enron.com Subject: Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: John Arnold X-To: Frank Hayden X-cc: X-bcc: X-Folder: \John_Arnold_Dec2000\Notes Folders\Discussion threads X-Origin: Arnold-J X-FileName: Jarnold.nsf Frank: The $5,000,000 extra VAR disappears in about a week. There MUST be a band-aid to the term VAR curve before this expires. Again, the back of the board is realizing 35-60% vol and it's being credited with 15% vol. Thanks, John