Enron Mail

From:m..presto@enron.com
To:rogers.herndon@enron.com
Subject:RE: Back end natty activity
Cc:
Bcc:
Date:Fri, 20 Jul 2001 07:40:58 -0700 (PDT)

That is very possible because Calpine was selling 02 and 03 natty early yesterday.

-----Original Message-----
From: Herndon, Rogers
Sent: Friday, July 20, 2001 9:23 AM
To: Presto, Kevin M.
Subject: Back end natty activity

Kevin-

Some of this back end activity may be the buyers of the Calpine retail supply. Calpine probably sold their length earlier this week or last as they closed these deals and the new buyers (Shell, Reliant, etc) may just be stepping in for some.

RH