Subject: COB 05.16.01 NG PNL Estimate
From: [email-masked]
To: [email-masked], [email-masked], [email-masked], [email-masked]
Cc: [email-masked]
Date: Wed, 16 May 2001 14:05:03 -0700 (PDT)

The gas desk made approx $33.5MM.  Preliminary numbers suggest VAR will be unchanged to higher, with the Central desk selling 41bcf (June) and the fin desk only buying a total of 28bcf throughout the term structure.  West desk reduced SoCal position by 500

?	Financial desk is forecasting a gain of $72MM and the west desk is forecasting a loss of $72MM

Frank