Your advice is appreciated

Vince,

In the morning we were talking about the El Paso candidate who thinks he is
above something and is not
willing to take certain project or responsibility. In real life, we also
occasionally have similar stiuation. (an
example is attached).

I would like to have your guidance when such a situation occurs.

Zimin

---------------------- Forwarded by Zimin Lu/HOU/ECT on 05/02/2001 02:07 PM
---------------------------

Zimin Lu
05/02/2001 01:41 PM
To: Paulo Issler/HOU/ECT@ECT
cc:
Subject: Re: Asian Option for Pavel

Our convention is whoever finalizes the model should write the
documentation. It does not make sense
to write one when changes are anticipated. You have been working on this
almost a year, it never
strikes you that we need a documentation ?

I created Exotica.xll, does that also give you an excuse not working on
Exotica documentation ?

Zimin

Paulo Issler
05/02/2001 11:52 AM
To: Zimin Lu/HOU/ECT@ECT
cc: Tai Woo/ENRON@enronXgate @ ENRON, Pavel Zadorozhny/Enron@EnronXGate
Subject: Re: Asian Option for Pavel

I am surprised that we do not have the documentation ready.
I can make that for you. It is not there because you did not put that
together by the time it was created and all the changes I have made did not
required changes on the functionality.
Paulo Issler

Zimin Lu
05/02/2001 11:29 AM
To: Tai Woo/ENRON@enronXgate @ ENRON, Paulo Issler/HOU/ECT@ECT
cc: Pavel Zadorozhny/Enron@EnronXGate
Subject: Re: Asian Option for Pavel

Tai Woo,

Here are the c-codes for the CrudeAPO. 'Sig' is the spot
volatility meaning the price volatility within the delivery period.
You should consult with Pavel for the definition of this "extra"
parameters. We
would like to see the Position Monitor once you get it running.
We might have some additional suggestions.

Paulo,

Why don't we have a documentation on CrudeAPO you worked on ?
I can not find it in Exotica help file. Please supply that to Tai, thanks.

--------------------------------------

From: Tai Woo/ENRON@enronXgate on 05/02/2001 09:55 AM
To: Paulo Issler/HOU/ECT@ECT
cc: Kara Maloney/ENRON@enronXgate, Zimin Lu/HOU/ECT@ECT
Subject: Asian Option for Pavel

This morning, Zimin told me that Pavel is using a special model in evaluating
his Asian option portfolio.
He asked me to talk to you in order to access to the code so that I can see
the difference made to the model.

As I cannot find the doc. describing this model, please tell me what that new
input parameter 'Sig' is.

Thanks,