Message-ID: <22043740.1075854838668.JavaMail.evans@thyme>
Date: Tue, 18 Sep 2001 16:56:36 -0700 (PDT)
From: m..presto@enron.com
To: rogers.herndon@enron.com
Subject: RE: Retail Positions and Hedge Management Reserves
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Let's discuss tommorow.

 -----Original Message-----
From: 	Herndon, Rogers  
Sent:	Tuesday, September 18, 2001 3:23 PM
To:	Presto, Kevin M.
Subject:	Retail Positions and Hedge Management Reserves



Kevin -

Retail Commodity book (East) should now be essentially flat on a portfolio basis.  We have approximately $40 MM in Hedge Management reserve.  We will assess how much we should release in Q3 and I will discuss with you.

Rogers