Enron Mail

From:rick.buy@enron.com
To:jeannie.mandelker@enron.com
Subject:Re: clarification on corrections
Cc:
Bcc:
Date:Wed, 6 Dec 2000 02:33:00 -0800 (PST)

No- the conclusion is incorrect. The peakers help to mitigate the risk
created by market positions. Maybe just change the last sentence to read
"Because the peakers offset the contract, the VAR is substantially reduced. "
Rick