Subject: Re: Gross Error language
From: [email-masked]
To: [email-masked]
Cc: [email-masked], [email-masked]
Date: Tue, 22 Aug 2000 07:35:00 -0700 (PDT)

Is there not something better than a percentage?  Noticce the lack of a 
better answer from me.

Andy Zipper@ENRON
22/08/2000 11:44
To: David Forster/Corp/Enron@Enron, Louise Kitchen/HOU/ECT@ECT, Mark 
Taylor/HOU/ECT@ECT
cc:  

Subject: Re: Gross Error language  

I think 5% is way too small. At certin physical locations for both gas and 
power, a 5% move is easily achievable in the normal course of business i.e. 
35 mwh power to 45mwh or Transco Z6 from 5.00 to 5.50 in the next trade. I 
think something in the neighborhood of 20% to 25% is
commercially reasonable.