Message-ID: <10874275.1075844932155.JavaMail.evans@thyme>
Date: Thu, 30 Dec 1999 06:06:00 -0800 (PST)
From: kent.miller@enron.com
To: stan.horton@enron.com
Subject: Component IDD Deal
Cc: bill.cordes@enron.com, morgan.gottsponer@enron.com, sue.neville@enron.com, 
	larry.pavlou@enron.com
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X-From: Kent Miller
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Stan,

Attached is an update of the component IDD deal that we entered into 2 weeks 
ago.  As predicted by the techinicals, the market has dropped considerably 
and our IDD spread has grown from an initial value of $0.34/mmbtu to the 
current spread of $0.43/mmbtu.   The price risk on the December, '00 
locked-in price is currently trading at a $0.105/mmbtu gain.

Kent