Re: Brazil

FYI. This is a deal I've been helping them value correctly.
Here Remi is, ostensibly the head of trading in Brazil, and he doesn't even
know what a digital option is. Scary!

Grant.

---------------------- Forwarded by Grant Masson/HOU/ECT on 03/30/2000 10:23
AM ---------------------------

Remi Collonges@ENRON_DEVELOPMENT
03/29/2000 07:53 AM
To: Grant Masson/HOU/ECT@ECT
cc:
Subject: Re: Odebrecht/Ita Deal

Thanks for taking the time to look at this transaction. I'm currently trying
to understand what a digital option is, but besides this I can say you've got
it right.

Remi