Message-ID: <25289491.1075854842732.JavaMail.evans@thyme> Date: Fri, 29 Jun 2001 06:18:25 -0700 (PDT) From: m..presto@enron.com To: rogers.herndon@enron.com Subject: RE: 13 Mw on-peak IMC - Florida Supply for july Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Presto, Kevin M. X-To: Herndon, Rogers X-cc: X-bcc: X-Folder: \Presto, Kevin M (Non-Privileged)\Presto, Kevin M.\Sent Items X-Origin: Presto-K X-FileName: Presto, Kevin M (Non-Privileged).pst No problem. $0.50/Mwh is enough for this service. You don't need to pay a $1.00/Mwh. I would say anytime she gets more that $75/Mwh, she gets a $1.00/Mwh to keep her motivated to sell at the highest price. Sound OK? -----Original Message----- From: Herndon, Rogers Sent: Friday, June 29, 2001 8:13 AM To: Presto, Kevin M. Subject: 13 Mw on-peak IMC - Florida Supply for july Kevin - Billy closed this deal yesterday in the mid $70's. i was planning on having Laura liquidate this position daily and pay her something like $1.00 per Mwh. I would want her to liquidate daily and help me stay informed of what is going on down there and then reserve the right to sell for longer terms - if i say nothing the she would assume to continue to liquidate hourly. However, my intent is to stay in tune with the market to maintain a good feel of issues in the South so i plan to speak to her daily. Your thoughts? RH