Message-ID: <17893868.1075852518944.JavaMail.evans@thyme> Date: Tue, 21 Aug 2001 12:33:03 -0700 (PDT) From: d..steffes@enron.com To: john.lavorato@enron.com Subject: RE: Latest Info on CPUC Suspending Direct Access Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Steffes, James D. X-To: Lavorato, John X-cc: X-bcc: X-Folder: \JSTEFFE (Non-Privileged)\Steffes, James D.\Sent Items X-Origin: Steffes-J X-FileName: JSTEFFE (Non-Privileged).pst John -- How about I take the "delay" side for $200? Jim -----Original Message----- From: Lavorato, John Sent: Tuesday, August 21, 2001 1:41 PM To: Steffes, James D. Subject: RE: Latest Info on CPUC Suspending Direct Access -----Original Message----- From: Steffes, James D. Sent: Tuesday, August 21, 2001 1:08 PM To: Delainey, David; Dietrich, Janet; Leff, Dan; Sharp, Vicki; Frazier, Lamar; Keeney, Kevin; Blachman, Jeremy; Gahn, Scott; Belden, Tim; Swain, Steve; Lavorato, John Cc: Dasovich, Jeff; Mara, Susan; Kaufman, Paul; Shapiro, Richard; Kean, Steven J. Subject: Latest Info on CPUC Suspending Direct Access Latest information on CPUC Decision -- Commissioner Bilas filed an Alternative Draft for the CPUC that would: * hold DA suspension and have the CPUC conduct hearings that would work out details including impact on bonds and phasing ending of DA, * resolved issues related to credits and payments of Negative CTC, and * hold hearings dealing with bottoms-up ratemaking for DA. This is effectively an updated version of the alternate that Bilas put out last time the CPUC considered this issue. It is a long-shot that this alternative would be approved. Our current information is still that the CPUC will vote to suspend DA as of Sept 1. Jim [Lavorato, John] I bet you 100 bucks they delay the decision. [Lavorato, John]