Message-ID: <31836889.1075843949616.JavaMail.evans@thyme> Date: Tue, 5 Dec 2000 03:59:00 -0800 (PST) From: michel.decnop@enron.com To: chris.mahoney@enron.com Subject: Re: garcia munte update Cc: john.sherriff@enron.com, michael.brown@enron.com, mike.mcconnell@enron.com, jeffrey.shankman@enron.com, john.nowlan@enron.com, tim.davies@enron.com, david.hardy@enron.com, ted.murphy@enron.com, steve.young@enron.com, mark.evans@enron.com, robert.quick@enron.com, adam.nye@enron.com, graham.cane@enron.com, tani.nath@enron.com, anastasia.karabatsos@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: john.sherriff@enron.com, michael.brown@enron.com, mike.mcconnell@enron.com, jeffrey.shankman@enron.com, john.nowlan@enron.com, tim.davies@enron.com, david.hardy@enron.com, ted.murphy@enron.com, steve.young@enron.com, mark.evans@enron.com, robert.quick@enron.com, adam.nye@enron.com, graham.cane@enron.com, tani.nath@enron.com, anastasia.karabatsos@enron.com X-From: Michel Decnop X-To: Chris Mahoney X-cc: John Sherriff, Michael R Brown, Mike McConnell, Jeffrey A Shankman, John L Nowlan, Tim Davies, David Hardy, Ted Murphy, Steve W Young, Mark Evans, Robert Quick, Adam Nye, Graham Cane, Tani Nath, Anastasia Karabatsos X-bcc: X-Folder: \Mark_McConnell_June2001\Notes Folders\Garcia munte X-Origin: MCCONNELL-M X-FileName: mmcconn.nsf Chris ref previous talks, my 2 cts on this new development : 1/ we should keep the old gasoil issue - which still carry balance due of abt 7 million -, separated from the new gasoline factor which is a new business to analyze on its own merits. 2/GM will not be able to repay the 7 million within december, if we don t take an alternative view by deliveries directly to all customers, not obliging GM to prepay all. They cannot do both (ref my mail nov 21st). 3/Due to lack of GM commercial person, it may help that you contact Miguel Medina and take him as consultant (maybe be unofficially) so that you have an ex insider view. Thanks Michel