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Enron Mail |
pls print. thanks df
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 12/11/2000 08:03 AM --------------------------- Debbie Moseley 12/08/2000 04:16 PM To: Bob Chandler/ET&S/Enron@ENRON, Paul Cherry/GPGFIN/Enron@ENRON, John Dushinske/ET&S/Enron@ENRON, Dan Fancler/ET&S/Enron@ENRON, Jeffery Fawcett/ET&S/Enron@ENRON, Lee Ferrell, Drew Fossum/ET&S/Enron@ENRON, Steve Gilbert/ET&S/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON, Rod Hayslett/FGT/Enron@ENRON, Gerrad Heep/AA/Corp/Enron@Enron, Stanley Horton/Corp/Enron@Enron, Danny McCarty/ET&S/Enron@Enron, Mike McGowan/ET&S/Enron@ENRON, Kent Miller/ET&S/Enron@ENRON, Mary Kay Miller/ET&S/Enron@ENRON, Heather Mueck/AA/Corp/Enron@ENRON, Dave Neubauer/ET&S/Enron@ENRON, Jerry Peters/NPNG/Enron@ENRON, Tony Pryor/ET&S/Enron@ENRON, James Saunders/FGT/Enron@ENRON, Susan Scott/ET&S/Enron@ENRON cc: Subject: ETS Hedged and Open Positions/Financial Exposure Positions Please Note: We have changed the correlation of the Transwestern's hedges to the same index(El Paso Permian) that the derivatives were transacted. We feel it is appropriate to make this correlation change due to management's anticipation to make the 2001 sales at an El Paso Permian index. Due to this change TW has a perfect correlation, therefore the associated Value at Risk will be zero.
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