Message-ID: <14502298.1075845358986.JavaMail.evans@thyme>
Date: Thu, 17 May 2001 13:14:00 -0700 (PDT)
From: v.weldon@enron.com
To: mason.hamlin@enron.com, nick.hiemstra@enron.com
Subject: Algonquin Pricing Analysis
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Per our conversation, I recommend using Tetco M3 plus the avg seasonal basis to Alg CG (Summer =~0, Winter =~.10)  Note the volatility in these that I graphed.  This volatility willl likely need to be taken into account in your model if/when you get to that level of detail.

Charlie