FW: Sithe memo

See attached memo. Greg Whiting will be directly in charge of acctg for Sithe and monitoring the income and cash flows. We are expecting approx $6.8 mm in 2002 earnings which we can monitor against that expectation. I have told them to take any earnings against the intangible asset as you and I have discussed. If you want to edit this we can sit down with you and do so.

Is there someone you want commercially responsible?

-----Original Message-----
From: Hodges, Georganne
Sent: Friday, September 14, 2001 3:10 PM
To: Colwell, Wes
Subject: FW: Better, Faster, Simpler Memo

Here are all the pieces and the accounting. I will send the to-date numbers in a separate email.

-----Original Message-----
From: Whiting, Greg
Sent: Friday, September 14, 2001 2:14 PM
To: Hodges, Georganne
Cc: Schield, Elaine
Subject: Better, Faster, Simpler Memo

Hopefully this will cover what Wes is looking for. More can be added, but these are the high points.