Enron Mail

From: rick.buy@enron.com To: ted.murphy@enron.com Subject: VAR Cc: Bcc: Date: Mon, 4 Dec 2000 23:55:00 -0800 (PST) fyi, rick ---------------------- Forwarded by Rick Buy/HOU/ECT on 12/05/2000 07:54 AM --------------------------- John L Nowlan 12/04/2000 05:53 PM To: Rick Buy/HOU/ECT@ECT, Jeffrey A Shankman/HOU/ECT@ECT, Mike McConnell/HOU/ECT@ECT cc: Subject: VAR Recognizing we were just below daily VAR limits today, coupled with the high volatility in the crude and products markets, we attempted to do an interday calc. Unfortunately it took us some time to get the right person but we did succeed in getting an estimate right at the close which showed we were very near our limits as we were yesterday. I flag this up to point out it is critical in these ,markets that we have some cover or know who we can call if we need this type of interday analysis.