Message-ID: <21679720.1075858306463.JavaMail.evans@thyme>
Date: Wed, 6 Dec 2000 02:33:00 -0800 (PST)
From: rick.buy@enron.com
To: jeannie.mandelker@enron.com
Subject: Re: clarification on corrections
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Rick Buy
X-To: Jeannie Mandelker
X-cc: 
X-bcc: 
X-Folder: \Richard_Buy_Dec2000\Notes Folders\'sent mail
X-Origin: Buy-R
X-FileName: rbuy.nsf

No- the conclusion is incorrect. The peakers help to mitigate the risk 
created by market positions. Maybe just change the last sentence to read 
"Because the peakers offset the contract, the VAR is substantially reduced. " 
Rick