Message-ID: <20707016.1075840548674.JavaMail.evans@thyme> Date: Tue, 24 Apr 2001 22:38:00 -0700 (PDT) From: larry.jester@enron.com To: doug.gilbert-smith@enron.com Subject: Gas Meeting Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Larry Jester X-To: Doug Gilbert-Smith X-cc: X-bcc: X-Folder: \ExMerge - Gilbert-smith, Doug\Personal X-Origin: GILBERTSMITH-D X-FileName: doug gilbert smith 6-25-02.PST Doug, I had two very positive meetings this evening with Tom Martin and Jim Schwieger. They are looking for a Carthage Hub physical trader. Tom is planning on talking I think to Lavorato to discuss the details. It's interesting because with the HPL sale now their physical guys are moving into an environment where they don't have an asset to trade around and have to be flat daily. Gee, I wonder what that's like? Given ERCOT liquidity and vol I had to chuckle on the inside (welcome to the real world). I really appreciate your support during all of this. Some bosses could consider a situation like this a slight against them and bear out their resentment personally or to others to stymie that person's movement. You have been nothing but a class act in that regard, and although I indeed would have liked a look at the ST-ERCOT book, I don't hold that against you. In fact I don't even hold it against management. It's no different than trading. Just because someone smart is selling it doesn't mean it won't get bid up and run through them. I am confident that wherever I end up I will be successful -- no different than any other time in my life. I don't know another way. The one time that I had some short-term hardship last year, you and I agree that I was sold too early, and that too will become self-evident. As I stated yesterday, the end of this week looks to be the time frame where I will make my a final decision. Thanks for all of you runderstanding, Larry