Message-ID: <11772432.1075840887082.JavaMail.evans@thyme> Date: Fri, 26 Oct 2001 14:20:24 -0700 (PDT) From: f..calger@enron.com To: louise.kitchen@enron.com Subject: Longview DASH Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Calger, Christopher F. X-To: Kitchen, Louise X-cc: X-bcc: X-Folder: \ExMerge - Kitchen, Louise\'Americas\Portland X-Origin: KITCHEN-L X-FileName: louise kitchen 2-7-02.pst Louise, Chip will want to talk with you about the Longview equipment. We are circulating a DASH to enable us to continue making payments. If we do not continue to make payments, we forfeit the equipment and take a $23MM hit. This is approximately 35% of the total equipment contract. I think the equipment is worth more (than 65%) and I believe that we will get out of this problem with less than a $22MM hit. I therefore recommend that we commit the extra $ for this equipment. It will continue to be funded off B/S. We continue to have discussions/negotiations with Calpine, NRG and TransAlta. We have also opened up general equipment discussions with Mirant and AES. Regards, Chris Calger 503-464-3735