Message-ID: <496963.1075841431315.JavaMail.evans@thyme>
Date: Mon, 28 Jan 2002 11:08:31 -0800 (PST)
From: d..steffes@enron.com
To: l..nicolay@enron.com, m..presto@enron.com, paul.racicot@enron.com, 
	sue.nord@enron.com, lloyd.will@enron.com
Subject: RE: EPMI's FRCC membership
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X-From: Steffes, James D. </O=ENRON/OU=NA/CN=RECIPIENTS/CN=JSTEFFE>
X-To: Nicolay, Christi L. </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Cnicola>, Presto, Kevin M. </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Kpresto>, Racicot, Paul </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Pracico>, Nord, Sue </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Snord>, Will, Lloyd </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Lwill>
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X-FileName: kevin presto 2-7-02.pst

No issue from my end.


 -----Original Message-----
From: 	Nicolay, Christi L.  
Sent:	Monday, January 28, 2002 11:33 AM
To:	Presto, Kevin M.; Racicot, Paul; Steffes, James D.; Nord, Sue; Will, Lloyd
Subject:	EPMI's FRCC membership

Dick Basford (formerly, a consultant for Enron on Florida matters) called me with a recommendation that EPMI withdraw from FRCC membership before EPMI is invoiced in February for $5750 (1/4 of annual dues of $23,000).  There is no pre-notice period for withdrawal and Dick feels that it would leave the FRCC relationship in a better light if EPMI withdraws, rather than not paying the invoice.  I tend to agree if EPMI has no further ongoing interests in trading in Florida.

UBS trading can make an application and join at any time, without an initiation fee.

Kevin/Paul--Is it ok for EPMI to withdraw?  If so, I'll draft the letter.  

Thanks.  Christi  37007