Enron Mail

From:kay.mann@enron.com
To:fred.mitro@enron.com
Subject:Re: PSEG questions & comments
Cc:
Bcc:
Date:Thu, 15 Feb 2001 02:42:00 -0800 (PST)

Sounds like a good approach to me.




Fred Mitro@ECT
02/14/2001 04:51 PM
To: Ben Jacoby/HOU/ECT@ECT
cc: Rusty Stevens/Corp/Enron@ENRON, Scott Healy/SF/ECT@ECT, Carlos
Sole/NA/Enron@Enron, Kay Mann/Corp/Enron@Enron

Subject: PSEG questions & comments

I talked with PSEG this afternoon. They plan to forward us their comments on
the draft SPA sometime tomorrow. I have reviewed their due diligence
questions and plan to address most of them in a phone call with PSEG tomorrow.

I instructed PSEG to forward me a copy of their proposed side letter
addressing a $300K non-refundable deposit and 30 day exclusivity period. I
told them that we would look at it and let them know if we viewed it as a
viable option. They plan to forward it to us tomorrow along with their legal
comments on the draft SPA.

I will keep you informed.

Fred