Message-ID: <13646508.1075841341971.JavaMail.evans@thyme> Date: Fri, 2 Nov 2001 14:16:08 -0800 (PST) From: paul.choi@enron.com To: matt.motley@enron.com Subject: FW: NYMEX Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Choi, Paul X-To: Motley, Matt X-cc: X-bcc: X-Folder: \ExMerge - Motley, Matt\Inbox\ENE Portland\Middle Market X-Origin: MOTLEY-M X-FileName: matt motley 6-26-02.pst -----Original Message----- From: ckwinter@deseretgt.com [mailto:ckwinter@deseretgt.com] Sent: Friday, November 02, 2001 1:52 PM To: Choi, Paul Subject: Re: NYMEX Paul, Actually, we are interested in a straight monthly puts -- probably 25 MWs per month -- on our NYMEX position (i.e., at the money monthly strikes with put premium for year paid within first 3 business days after 1/1/2002. Curt >>> "Choi, Paul" 11/02/01 10:42AM >>> Curt, Are you interested in doing a similar structure for your NYMEX index positions? We can incorporate the unit contingent component into the deal with how we did handled it in our previous transaction and also enhance it by paying you the difference between DJ index and NYMEX for when Bonanza goes down since you may be concerned that the NYMEX price you are receiving will not match the market prices that you may have to pay to replace the energy. Give me a call to discuss this and I am getting the ball rolling on getting you a copy of the ISDA. Best Regards, Paul Choi ********************************************************************** This e-mail is the property of Enron Corp. and/or its relevant affiliate and may contain confidential and privileged material for the sole use of the intended recipient (s). Any review, use, distribution or disclosure by others is strictly prohibited. If you are not the intended recipient (or authorized to receive for the recipient), please contact the sender or reply to Enron Corp. at enron.messaging.administration@enron.com and delete all copies of the message. This e-mail (and any attachments hereto) are not intended to be an offer (or an acceptance) and do not create or evidence a binding and enforceable contract between Enron Corp. (or any of its affiliates) and the intended recipient or any other party, and may not be relied on by anyone as the basis of a contract by estoppel or otherwise. Thank you. **********************************************************************