Demand Buy Down Proposals for Hertzberg

Greetings:

On the call between Ken Lay and Bob Hertzberg, Hertzberb asked us to resend
any thoughts (and any more detail) we have on demand buy-downs. I've
combined our on-line auction proposal with the "federal" solution recently
worked up for the Cheney meetings (I tailored it for California
consumption).

Hertzberg wanted it today in advance of meetings that he's having in
Washington next week. Scott Governor will deliver this to Hertzberg's office
today. Sorry for quick turn around, but if folks have comments, could you
send them to me pronto so that Scott can deliver to Hertzberg's office before
COB? Thanks very much.

Best,
Jeff