Message-ID: <7498015.1075857278685.JavaMail.evans@thyme> Date: Tue, 8 Aug 2000 07:11:00 -0700 (PDT) From: jonathan.hoff@enron.com To: jinsung.myung@enron.com, benjamin.rogers@enron.com Subject: Revised Cinergy Model Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Jonathan Hoff X-To: Jinsung Myung, Benjamin Rogers X-cc: X-bcc: X-Folder: \Benjamin_Rogers_Dec2000_4\Notes Folders\Genco-jv_ipo X-Origin: Rogers-B X-FileName: brogers.nsf Gents, I made the following changes to this model: I adjusted all the NPV functions to be as of 12/31/2000. I incorporated the seasonal availabilities and capacities into revenue calculations. Previous to this revision, all monthly merchant revenue was calculated using the Winter availability and Summer capacity. All monthly PPA revenues were calculated using annual average availability and Summer capacity. I cleaned up the update macro and added a nifty status bar progress indicator while the thing's running. Let me know if you have any other revisions or corrections. Jon