Message-ID: <149133.1075842204754.JavaMail.evans@thyme>
Date: Fri, 25 May 2001 02:40:00 -0700 (PDT)
From: edward.sacks@enron.com
To: carol.clair@enron.com
Subject: Select Energy
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Edward Sacks
X-To: Carol St Clair
X-cc: 
X-bcc: 
X-Folder: \Carol_StClair_June2001\Notes Folders\Power e-mails
X-Origin: STCLAIR-C
X-FileName: cstclai.nsf

Regarding the L/C format, I was wondering if we can simply take out the auto 
renewal clause in all, given that we value the L/C at $0 once we are within 
20 days from expiry.  Please reply.

Ed Sacks