Enron Mail

From:clayton.vernon@enron.com
To:vince.kaminski@enron.com
Subject:eol trade size discrepancies
Cc:vasant.shanbhogue@enron.com
Bcc:vasant.shanbhogue@enron.com
Date:Wed, 7 Jun 2000 04:16:00 -0700 (PDT)

Vince-

I have discovered the two sources of discrepancy in the "transaction dollars"
on EOL, between my numbers and those of EOL. First, EOL records all index
trades with the Henry Hub price (since the index price isn't, inadvertently,
recorded with the trade, as I told you), whereas I went back and appended the
contemporaneous index price to the trades. Second, EOL ignores all Basis
trades in reporting transaction dollars, whereas I append a rough size to
them of the "price" as the basis, times the quantity.

I'm sorry I wasn't ready in time with my numbers; I took the task of accuracy
very seriously.

Clayton