Subject: Confidential Memo For Thursday Meeting
From: [email-masked]
To: [email-masked], [email-masked]
Cc: [email-masked]
Date: Mon, 30 Oct 2000 07:38:00 -0800 (PST)

Richard and Elizabeth,

At Christian's suggestion, I am sending a memo I prepared summarizing some of 
the more exotic strategies used by our traders.  Christian has reviewed the 
memorandum and believes that it will assist you both in preparing for our 
Thursday meeting.  Between now and Thursday, Christian and I are going to 
analyze the ISO tariff to determine if the tariff prohibits any of these 
strategies.

Steve