Message-ID: <29493943.1075859514458.JavaMail.evans@thyme> Date: Wed, 5 Jan 2000 01:08:00 -0800 (PST) From: elizabeth.sager@enron.com To: christian.yoder@enron.com Subject: Re: Duke Option Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Elizabeth Sager X-To: Christian Yoder X-cc: X-bcc: X-Folder: \Elizabeth_Sager_Dec2000\Notes Folders\All documents X-Origin: Sager-E X-FileName: esager.nsf Hi Give me a call about Duke's changes. I also disagree w (ii) and really think even (i) is wrong since an Option can either be in the money or out of the money and in either case the full value should be taken and netted against other Gains and Losses. Happy New Year e