Message-ID: <7889042.1075857816850.JavaMail.evans@thyme> Date: Thu, 17 Feb 2000 09:01:00 -0800 (PST) From: kevin.ruscitti@enron.com To: dclolin@nicorinc.com Subject: What's up? Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Kevin Ruscitti X-To: dclolin@nicorinc.com X-cc: X-bcc: X-Folder: \Kevin_Ruscitti_Dec2000\Notes Folders\Discussion threads X-Origin: Ruscitti-K X-FileName: kruscit.nsf Dave, It was great getting a chance to finanlly meet the other night. Hope you enjoyed dinner. Since then, I've been thinking abt some of our conversation re: the PBR. I have a quick question - why wouldn't you under withdraw in Feb and over withdraw in Mar if Mar is currently higher than Feb. You could lock this in by buying Mar forward. Also, what happens if you withdraw in Mar and the Summer peaks higher than what you withdrew at? How is this accounted for? I'll talk to you after you get back from Houston. Kevin