Re: Long Term

FYI: I did talk with CP&L this morning and Mike Pitman's initial feedback
was that the $0.25 cent demand was too high. He said he'll try to get
everyone together sometime today to get there thoughts. I'll dicuss it with
Mark Templeton (the T&E guy) as well. ONe thing that Mike did mention was
that maybe if they could get the transport at max rate during the winter and
then the $0.25 demand during the summer the $0.25 wouldn't appear so strong,
but that is just his thought . Phil what is yours. I'm assuming if we
sell it bundled we could recover more that max rate in the winter and you may
not want to just release the capacity at max.

I leave today at 11:30 to go to Atlanta and I will not be back in the office
until Thursday morning. But I will call this this afternoon and I will
call Scana as well then I call you.

Thanks.