Enron Mail

From:paul.smith@enron.com
To:stinson.gibner@enron.com, paul.quilkey@enron.com, raymond.yeow@enron.com,pinnamaneni.krishnarao@enron.com
Subject:Re: Real Options
Cc:vince.kaminski@enron.com
Bcc:vince.kaminski@enron.com
Date:Thu, 5 Apr 2001 03:00:00 -0700 (PDT)

Stinson / Krishna,

Paul Q, Raymond Y and I will call 5.30pm Houston time Thursday afternoon to
discuss. That is 8.30am Sydney time. If that is not convenient, I will call
Krishna to arrange another time.

Regards,
Paul




Stinson Gibner@ECT
05/04/2001 07:29 AM

To: Paul Smith/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Pinnamaneni Krishnarao/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT
Subject: Re: Real Options

Paul,

Krishna and I are thinking that you may be able to book this type of option
as a call swaption on power. If you would like to discuss further, let's
set up a time when we can call you.

--Stinson


---------------------- Forwarded by Stinson Gibner/HOU/ECT on 04/04/2001
04:27 PM ---------------------------


Vince J Kaminski
04/02/2001 08:16 AM
To: Paul Smith/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Stinson Gibner/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT, Paul
Quilkey/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Raymond
Yeow/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: Re: Real Options

Paul,

We have done a lot of work in this area. I shall call you later
today (Monday my time), Tuesday morning your time with
some recommendations.

Vince

P.S. Shirley, please send a Real Options binder to Paul.

Vince



From: Paul Smith@ENRON_DEVELOPMENT on 03/30/2001 08:42 AM ZE10
To: Vince J Kaminski@ECT
cc: Paul Quilkey/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Raymond
Yeow/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: Real Options

Vince,

The Sydney office is currently evaluating a proposal that involves an option
to participate in building a wind farm. Should this proceed, we would like to
mark this option "to market".

Have the Research group completed any work on methods for booking and
remarking real options? Alternatively, do you have any suggestions as to the
best way to value, and book, real options fairly?

Regards
Paul Smith