Message-ID: <27486561.1075848125563.JavaMail.evans@thyme>
Date: Fri, 12 Jan 2001 11:24:00 -0800 (PST)
From: roger.yang@enron.com
To: stephen.swain@enron.com
Subject: Re: Financial Analysis of PG&E and Proposed Terms for Settlement
Cc: james.steffes@enron.com, steven.kean@enron.com, richard.shapiro@enron.com, 
	mark.palmer@enron.com, michael.tribolet@enron.com, 
	harry.kingerski@enron.com, jeff.dasovich@enron.com, 
	susan.mara@enron.com, joe.hartsoe@enron.com, sarah.novosel@enron.com, 
	linda.robertson@enron.com, alan.comnes@enron.com, 
	mary.hain@enron.com, paul.kaufman@enron.com, 
	sandra.mccubbin@enron.com, scott.stoness@enron.com, 
	robert.badeer@enron.com, tim.belden@enron.com, 
	travis.mccullough@enron.com, andre.cangucu@enron.com, 
	shelia.benke@enron.com, vicki.sharp@enron.com, wanda.curry@enron.com, 
	don.black@enron.com, gordon.savage@enron.com, donna.fulton@enron.com, 
	william.bradford@enron.com
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
Bcc: james.steffes@enron.com, steven.kean@enron.com, richard.shapiro@enron.com, 
	mark.palmer@enron.com, michael.tribolet@enron.com, 
	harry.kingerski@enron.com, jeff.dasovich@enron.com, 
	susan.mara@enron.com, joe.hartsoe@enron.com, sarah.novosel@enron.com, 
	linda.robertson@enron.com, alan.comnes@enron.com, 
	mary.hain@enron.com, paul.kaufman@enron.com, 
	sandra.mccubbin@enron.com, scott.stoness@enron.com, 
	robert.badeer@enron.com, tim.belden@enron.com, 
	travis.mccullough@enron.com, andre.cangucu@enron.com, 
	shelia.benke@enron.com, vicki.sharp@enron.com, wanda.curry@enron.com, 
	don.black@enron.com, gordon.savage@enron.com, donna.fulton@enron.com, 
	william.bradford@enron.com
X-From: Roger Yang
X-To: Stephen Swain
X-cc: James D Steffes, Steven J Kean, Richard Shapiro, Mark Palmer, Michael Tribolet, Harry Kingerski, Jeff Dasovich, Susan J Mara, Joe Hartsoe, Sarah Novosel, Linda Robertson, Alan Comnes, Mary Hain, Paul Kaufman, Sandra McCubbin, Scott Stoness, Robert Badeer, Tim Belden, Travis McCullough, Andre Cangucu, Shelia Benke, Vicki Sharp, Wanda Curry, Don Black, Gordon Savage, Donna Fulton, William S Bradford
X-bcc: 
X-Folder: \Steven_Kean_June2001_4\Notes Folders\Discussion threads
X-Origin: KEAN-S
X-FileName: skean.nsf

The underlying assumptions for the resources are that they return to some 
business as usual amortization of these assets (a 20 to 30 year amortization) 
assuming that none of the generating assets are uneconomic.  Further, it 
assumes non-revenue earning regulatory assets (other than the TRA 
undercollections) are amortized over the next 5 years.

Roger