Subject: projects update
From: [email-masked]
To: [email-masked]
Cc: [email-masked]
Date: Wed, 27 Dec 2000 12:16:00 -0800 (PST)

Vince,

A quick project update.

1.   Sandeep and I spoke with  Robert Schenck in Adelaide.   He will email a 
Henwood proposal to us.  They already figured that we must be interested in 
modelling Dabhol.
2.  The WTI EOL trading simulation had an error.   We were counting a 
mid-offer spread profit on each trade, but we actually would make the spread 
on each round-trip transaction (one trade to open, one trade to close).    I 
modified the calculation and sent the new numbers to Greg Whalley (he is the 
one who caught the mistake, so there goes my bonus for the year.) and John 
Lavorato.   I should probably re-run the earning volatility numbers, and 
update Ted Murphy as well.

--Stinson