Message-ID: <11946880.1075857435708.JavaMail.evans@thyme>
Date: Thu, 27 Jan 2000 00:36:00 -0800 (PST)
From: richard.tomaski@enron.com
To: hunter.shively@enron.com, fletcher.sturm@enron.com
Subject: Storage Deal
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X-From: Richard Tomaski
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Hunter - 

Our storage proposal was signed last night, so Peoples is ready to go.  Tony 
is out of the office this morning, but Dave Wear can transact if the spread 
comes our way.  As discussed, we would like to buy 5 BCF physical fix price 
March and sell physical fix price May for flat.  We would consider buying 
some April if March can't be done for flat.  We will be watching the screen 
this morning, but let us know if you see an opportunity to transact.  I think 
there is a big incentive for Enron to get these hedges on, because I expect 
that Peoples will want to roll the hedges with market movement, which, of 
course, will also be at your bid/offer.  I hope to get a meeting set up  with 
you guys and Peoples guys later today to further discuss execution strategy, 
but I didn't want to market to get away from us, if the spread was there this 
morning.

Richard