RE: Dynegy view of into GTC product

I am not going to make an into-GTC market. I'm going to make an on the GTC market which is significantly different. I do not want to educate the market on the difference.

-----Original Message-----
From: Braddock, Billy
Sent: Tuesday, September 04, 2001 9:03 AM
To: Presto, Kevin M.
Subject: Dynegy view of into GTC product

Just so you see how others value GTC, Dyn (Tamplen) is offered for 5x16, Cal'02 - '03 @ $2.50 above your SOCO offer. Last we spoke about this, your bid was $0.60 over SOCO mid (approx. $0.35 over SOCO offer)--we're over $2 apart. He's working on his bid for into GTC.

BB