Subject: Tom Martin VaR
From: [email-masked]
To: [email-masked]
Cc: [email-masked]
Date: Mon, 18 Dec 2000 11:42:00 -0800 (PST)

Can we take one of your wonderchildren in fundementals and let them spend 1-2 hours a day on VAR.  If yes, talk to Frank.
---------------------- Forwarded by John J Lavorato/Corp/Enron on 12/18/2000 07:37 AM ---------------------------
   
	  From:  Frank Hayden                           12/15/2000 02:42 PM	

To:	John J Lavorato/Corp/Enron@Enron
cc:	Ted Murphy/HOU/ECT@ECT 

Subject:	Tom Martin VaR

John,
Bilal reconciled Tom Martin's VAR, dropping it from $3.5 to $1.246. Texas desk VaR dropped to $3.8

Frank
PS.  Bilal has been very helpful in dealing with the VAR issues, and I think it has given him a better idea of what trading is about.  Would you consider sharing some of the analyst/traders, much like Bilal, for a couple of months, maybe longer, maybe mornings only, to help on VAR issues, as it relates to both power and gas?  I think it would be an excellent way to introduce them to VAR, systems, risk management and trading.  Let me know your thoughts