Re: volatility conference

Todd,

Thanks for the invitation to speak on the panel. It was a real pleasure
to join you and other leading professionals in the energy area in the
discussion
on the state of the electricity markets in the US.

I want to wish you a very Happy and Successful New Year.

Vince Kaminski

"Strauss, Todd" <tstrauss@haglerbailly.com< on 12/20/99 03:41:27 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: volatility conference

Vince --

Thanks for participating in the INFOCAST volatility conference in Houston 10
days ago. Your penetrating analysis of the current state of electricity
markets, and what the trends may be, was a very useful contribution to the
conference.

Happy holidays, and wishing you a healthy and prosperous new year / century
/ millenium.

Todd Strauss
Principal

PHB Hagler Bailly, Inc._______
Management and Economic Consultants

1776 Eye Street, N.W.
Washington, DC 20006-3700
(202) 828-3964
(202) 296-3858 (facsimile)

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