Message-ID: <21597301.1075862246686.JavaMail.evans@thyme> Date: Tue, 20 Nov 2001 09:37:21 -0800 (PST) From: seabron.adamson@frontiereconomics.com To: richard.shapiro@enron.com, d..steffes@enron.com Subject: RE: Merger analysis Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Seabron Adamson X-To: Shapiro, Richard , Steffes, James D. X-cc: X-bcc: X-Folder: \RSHAPIRO (Non-Privileged)\Shapiro, Richard\Deleted Items X-Origin: Shapiro-R X-FileName: RSHAPIRO (Non-Privileged).pst Rick: (cc: Jim) Will do. I'll send you the article (by an academic who works with us occasionally) and a short summary of why I think it might be relevant to your current merger issues. Speak to you soon. Seab This e-mail, and any attachments thereto, is intended only for use by the addressee(s) named herein and may contain legally privileged and/or confidential information. If you are not the intended recipient of this e-mail, you are hereby notified that any dissemination, distribution or copying of this e-mail, and any attachments thereto, is strictly prohibited. If you have received this e-mail in error, please immediately notify me at (617) 354-0060 and permanently delete the original and any copy of any e-mail and any printout thereof. Seabron Adamson Frontier Economics Inc Two Brattle Square Cambridge, MA 02138 USA Ph: (617) 354-0060 Fax: (617) 354-0640 seabron.adamson@frontier-economics.com www.frontier-economics.com -----Original Message----- From: Shapiro, Richard [mailto:Richard.Shapiro@ENRON.com] Sent: Tuesday, November 20, 2001 12:12 PM To: seabron.adamson@frontier-economics.com; Steffes, James D. Subject: RE: Merger analysis Please send it...I'm going to be intimately involved in the regulatory approvals process. Thanks. I'll give you a call early next week to discuss. -----Original Message----- From: Seabron Adamson [mailto:seabron.adamson@frontiereconomics.com] Sent: Tuesday, November 20, 2001 11:14 AM To: Steffes, James D.; Shapiro, Richard Subject: Merger analysis I realize both of you are probably crazy busy, but I thought I'd drop a line. I hope everything is going OK during the upheaval. I have a very good argument (and paper by an academic) to send you regarding market power analysis for the Enron-Dynegy merger approval process if you are involved in all of that. Seems like the FERC is going to be trying very hard to figure out how to do this. All the best, Seab This e-mail, and any attachments thereto, is intended only for use by the addressee(s) named herein and may contain legally privileged and/or confidential information. If you are not the intended recipient of this e-mail, you are hereby notified that any dissemination, distribution or copying of this e-mail, and any attachments thereto, is strictly prohibited. If you have received this e-mail in error, please immediately notify me at (617) 354-0060 and permanently delete the original and any copy of any e-mail and any printout thereof. Seabron Adamson Frontier Economics Inc Two Brattle Square Cambridge, MA 02138 USA Ph: (617) 354-0060 Fax: (617) 354-0640 seabron.adamson@frontier-economics.com www.frontier-economics.com ********************************************************************** This e-mail is the property of Enron Corp. and/or its relevant affiliate and may contain confidential and privileged material for the sole use of the intended recipient (s). Any review, use, distribution or disclosure by others is strictly prohibited. If you are not the intended recipient (or authorized to receive for the recipient), please contact the sender or reply to Enron Corp. at enron.messaging.administration@enron.com and delete all copies of the message. This e-mail (and any attachments hereto) are not intended to be an offer (or an acceptance) and do not create or evidence a binding and enforceable contract between Enron Corp. (or any of its affiliates) and the intended recipient or any other party, and may not be relied on by anyone as the basis of a contract by estoppel or otherwise. Thank you. **********************************************************************