Enron Mail

From:m..presto@enron.com
To:stuart.zisman@enron.com
Subject:RE: New Albany Analysis
Cc:
Bcc:
Date:Tue, 29 May 2001 04:46:14 -0700 (PDT)

Please schedule a meeting with TJ Black (3-5800)

-----Original Message-----
From: Stuart Zisman
Sent: Thursday, May 24, 2001 4:38 PM
To: Kevin M Presto
Cc: Don Miller
Subject: New Albany Analysis

Kevin,

Don has asked me to provide you with some sort of valuation matrix based on your request of the other day. I have spent some time with Stacey White, Jody Pierce and Georgeanne Hodges in an effort to better understand how New Albany is being valued/treated for accounting purposes. When you have a free moment, could you spend a few minutes with me to give me a better idea of what you would like to see. Thanks

Zisman

As an aside, we heard from CLECO on New Albany. They gave us a bid range of $98MM- $122MM without any suggestion that they would insist upon a toll for this summer.