Enron Mail

From:frank.hayden@enron.com
To:john.lavorato@enron.com
Subject:Delivery margin requirements
Cc:georganne.hodges@enron.com, david.port@enron.com
Bcc:georganne.hodges@enron.com, david.port@enron.com
Date:Thu, 25 Oct 2001 06:44:35 -0700 (PDT)

Going delivery long requires full value of contract, unless there is letter of credit
Going short requires approx. $5,500 of margin per contract. ie. 100contracts would need $550,000