Message-ID: <17790772.1075852305118.JavaMail.evans@thyme>
Date: Mon, 22 Oct 2001 14:19:16 -0700 (PDT)
From: m..forney@enron.com
To: joe.capasso@enron.com, l..day@enron.com, joe.errigo@enron.com, 
	george.phillips@enron.com, iz.wong@enron.com, 
	alexander.mcelreath@enron.com, jeffrey.miller@enron.com, 
	steve.olinde@enron.com, eric.saibi@enron.com
Subject: Frontera position for tomorrow
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I have sold Frontera a financial swap for $28.50 for hours ending 7-12.    The first 3 hours are for size (300 mw's).  
I would buy hours 7-9 tomorrow for up to $20.      I could buy up to the 300 mw's.     Schedule this to load in the North.
I could also use 200 mw's for he 10 and 150 mw's for he 11.

Calpine has had an offer recently for hours ending 7-9.

If you have questions,  please give me a call,  as this is a very important issue.

Words of advice:

Dont go into the market with a $20 bid for 300 mw's.   Quietly accumulate these mw's if possible.     Do not tip your hand on this deal,  as that would contribute to spiking RT prices.

Thanks,
JMF    