Subject: Re: Midway/Ft. Pierce pricing
From: [email-masked]
To: [email-masked]
Cc: [email-masked], [email-masked], [email-masked]
Date: Wed, 2 May 2001 16:30:00 -0700 (PDT)

I'm not in the business of providing firm pricing via e-mail.   As always, all prices from the desk are indicative until customer is ready to pull the trigger.   As a rule of thumb, prices are good for about 15 minutes.

Therefore, let's be clear with the counterparty that we are in a volatile energy market with pricing moving 5-10% on some days.   For example, summer power is down $20.00/Mwh over the past week and June is down $10/Mwh.   Summer 02 and summer 03 are down $7-8/Mwh over the past 3 days.

Thanks.