Subject: Product description for Daily Basis Swaps
From: [email-masked]
To: [email-masked]
Cc: [email-masked]
Date: Wed, 28 Jun 2000 09:03:00 -0700 (PDT)

Melba,

The description you sent to me yesterday seems a little confusing...How about 
the following:

 Floating price A: Gas Daily midpoint for Henry Hub
 
 Floating price B: Gas Daily midpoint for __________

 Buyer pays Floating price A plus applicable basis, seller pays Floating 
price B

We should substitute your long description for "Gas Daily midpoint" above.  
Run this by everyone ASAP so we can activate these products.

Fletch Sturm
x3-6219