Message-ID: <26410290.1075846743617.JavaMail.evans@thyme>
Date: Thu, 7 Dec 2000 05:51:00 -0800 (PST)
From: susan.scott@enron.com
To: sheetal.patel@enron.com
Subject: Option on collar - explaination
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---------------------- Forwarded by Susan M Scott/HOU/ECT on 12/07/2000 01:50 
PM ---------------------------


Zimin Lu
12/07/2000 01:25 PM
To: Susan M Scott/HOU/ECT@ECT
cc: Stinson Gibner/HOU/ECT@ECT 
Subject: Option on collar - explaination



Susan,

I tried to explain the pricing formula in non-technical format. 
Take a look the doc attached below, to see if this is good
enough for the lawyers.

Zimin





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