Message-ID: <32581347.1075862276761.JavaMail.evans@thyme>
Date: Tue, 6 Nov 2001 06:53:35 -0800 (PST)
From: rod.hayslett@enron.com
To: a..howard@enron.com
Subject: RE: Transwestern Fair Value
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There is fair value, and you can figure it out by comparing the Form 2 with the GAAP financials.

-----Original Message-----
From: Howard, Kevin A. 
Sent: Tuesday, November 06, 2001 8:51 AM
To: Hayslett, Rod
Subject: RE: Transwestern Fair Value


To confirm, in tpc's financials, tangible net worth does not reflect any increase for fair value. I seemed to recall that the 1B in equity included such amount.
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