RE: Mark to Market of DWR Contracts

Am I reading this right? The gas contracts are $5B out of the money (from CA's perspective)? Are they straight gas deals?

-----Original Message-----
From: Comnes, Alan
Sent: Wednesday, October 03, 2001 12:47 PM
To: Alonso, Tom; Alvarez, Ray; Badeer, Robert; Belden, Tim; Blair, Kit; Calger, Christopher F.; Choi, Paul; Dasovich, Jeff; Driscoll, Michael M.; Fischer, Mark; Foster, Chris H.; Gang, Lisa; Guzman, Mark; Hall, Steve C. (Legal); Heizenrader, Tim; Kaufman, Paul; Mainzer, Elliot; Mallory, Chris; Malowney, John; Mara, Susan; Motley, Matt; Perrino, Dave; Platter, Phillip; Rance, Susan; Rawson, Lester; Richter, Jeff; Rosman, Stewart; Savage, Gordon; Scholtes, Diana; Semperger, Cara; Stokley, Chris; Swain, Steve; Swerzbin, Mike; Symes, Kate; Walton, Steve; Williams III, Bill
Subject: Mark to Market of DWR Contracts

Tim asked me to forward this to West Desk traders. Prepared by Mo Elafandi and Heather Dunton, it showsw who's in the money with DWR at this point, based on executed contracts

Alan Comnes

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