2001 Plan

Wes, can you adjust West Power numbers for the drop in headcount.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 11/13/2000
12:36 PM ---------------------------

Christopher F Calger
11/12/2000 04:42 PM
To: David W Delainey/HOU/ECT@ECT
cc: Tim Belden/HOU/ECT@ECT
Subject: 2001 Plan

Dave,

You asked about office costs, depreciation and headcount:

Office Costs are correct and include rent, supplies, backoffice expenses,
general marketing and charitable contributions.

Depreciation includes leashold improvements (walls, carpet and paint) and
certain computers/IT not covered in the IT allocation (Tim is checking on the
$278K)

Headcount is close: my actual 2000 headcount is 38, not 36 and Tim's plan for
2001 may be overstated by one or two; overall headcount increase is probably
15, not 18.

Hope this clarifies the plan.

Regards,

Chris