FW: www.MichaelMcDermott.com In case your interested

---------------------- Forwarded by Chris Dorland/CAL/ECT on 02/17/2000 01:26
PM ---------------------------

Rob Laird <rlaird@oebi.com< on 02/17/2000 11:57:22 AM
To: "'chris.dorland@enron.com'" <chris.dorland@enron.com<
cc:
Subject: FW: www.MichaelMcDermott.com In case your interested

-----Original Message-----
From: Michael McDermott [mailto:Michael.McDermott@spectrongroup.com]
Sent: Thursday, February 17, 2000 11:51 AM
To: 'Doug Laird'; 'Rob Laird'; 'Perry Undseth'; 'Tony Browning'
Subject: www.MichaelMcDermott.com

< -----Original Message-----
< From: Jim Martinek
< Sent: Thursday, February 17, 2000 6:48 PM
< To: Michael McDermott
< Subject: FW:
<
<
<
< -----Original Message-----
< From: Jim Martinek
< Sent: 17 February 2000 12:49
< To: 'nadam@powerup.com.au'
< Subject: FW:
<
<
<
< -----Original Message-----
< From: Jim Martinek
< Sent: 15 February 2000 15:59
< To: COMMODITIES & AGRICULTURE: Spectron to widen internet trading
< Financial Times, Feb 15, 2000, 215 words
<
< Spectron, the international energy broker, is to launch an
< internet-based system for over-the-counter trading of natural gas and
< electricity.
< The system, expected to go online next week, will be offered to
< Spectron's clients via a secure platform. It follows similar
< initiatives for coal and industrial metals.
< "We will effectively be offering the same service as we already offer
< our gas and electricity clients, but via an internet connection
< instead of the phone," said Jim Martinek, a partner at Spectron.
< The broker believes customers increasingly want to be able to conduct
< business while away from the office, Mr Martinek said. Internet-based
< trading allows them to process bids and offers from a remote point.
< The online system could also encourage increased trading of gas and
< electricity in continental Europe.
< Consumption of gas and electricity in continental Europe is about 10
< times the amount consumed in the UK, but only about 5 per cent is
< traded, Spectron said.
< That contrasts with the UK market, where brokers trade twice the
< volume of natural gas consumed. In Scandinavia, where there is a
< highly developed electricity market, brokers trade five times the
< amount of electricity consumed, Spectron said.
< "Working via an internet connection breaks down barriers such as
< language and time differences, which we hope will help boost trading,"
< Mr Martinek said.
< Spectron has 2,000 subscribers to its internet-based coal trading
< system, and claims to have captured 15 per cent of the US-brokered OTC
< coal market.
< It also provides online trading facilities for specialist metals.
< Copyright , The Financial Times Limited
<
<
< Subject:
<
< COMMODITIES & AGRICULTURE: Spectron to widen internet trading
< Financial Times, Feb 15, 2000, 215 words
<
< Spectron, the international energy broker, is to launch an
< internet-based system for over-the-counter trading of natural gas and
< electricity.
< The system, expected to go online next week, will be offered to
< Spectron's clients via a secure platform. It follows similar
< initiatives for coal and industrial metals.
< "We will effectively be offering the same service as we already offer
< our gas and electricity clients, but via an internet connection
< instead of the phone," said Jim Martinek, a partner at Spectron.
< The broker believes customers increasingly want to be able to conduct
< business while away from the office, Mr Martinek said. Internet-based
< trading allows them to process bids and offers from a remote point.
< The online system could also encourage increased trading of gas and
< electricity in continental Europe.
< Consumption of gas and electricity in continental Europe is about 10
< times the amount consumed in the UK, but only about 5 per cent is
< traded, Spectron said.
< That contrasts with the UK market, where brokers trade twice the
< volume of natural gas consumed. In Scandinavia, where there is a
< highly developed electricity market, brokers trade five times the
< amount of electricity consumed, Spectron said.
< "Working via an internet connection breaks down barriers such as
< language and time differences, which we hope will help boost trading,"
< Mr Martinek said.
< Spectron has 2,000 subscribers to its internet-based coal trading
< system, and claims to have captured 15 per cent of the US-brokered OTC
< coal market.
< It also provides online trading facilities for specialist metals.
< Copyright , The Financial Times Limited
<