Enron Mail

From:john.arnold@enron.com
To:slafontaine@globalp.com
Subject:Re: utilites?
Cc:
Bcc:
Date:Tue, 13 Mar 2001 23:30:00 -0800 (PST)

very funny today...during the free fall, couldn't price jv and xh low enough
on eol, just kept getting cracked. when we stabilized, customers came in to
buy and couldnt price it high enough. winter versus apr went from +23 cents
when we were at the bottom to +27 when april rallied at the end even though
it should have tightened theoretically. however, april is being supported
just off the strip. getting word a lot of utilities are going in front of
the puc trying to get approval for hedging programs this year.




slafontaine@globalp.com on 03/13/2001 11:07:13 AM
To: jarnold@enron.com
cc:
Subject: utilites?



hey johnny. hope all is well. what u think hrere? utuilites buying this break
down? charts look awful but 4.86 ish is next big level.
jut back from skiing in co, fun but took 17 hrs to get home and a 1.5 days to
get there cuz of twa and weather.