Message-ID: <7959438.1075863301877.JavaMail.evans@thyme> Date: Tue, 14 Aug 2001 11:08:51 -0700 (PDT) From: stanley.cocke@enron.com To: shift.dl-portland@enron.com Subject: Delano Buy-Back Strategy Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Cocke Jr., Stanley X-To: DL-Portland Real Time Shift X-cc: X-bcc: X-Folder: \Williams III, Bill (Non-Privileged)\Bill Williams III X-Origin: Williams-B X-FileName: Williams III, Bill (Non-Privileged).pst Gentlemen, Delano has informed me that they are reducing their variable costs from $40 to $30. So, this pretty much eliminates the morning buy-back strategy, unless of course you can pick up power in SP15 for below $30. Thanks for your help and hard work, Stan