RE: PIRA Draft Report

Good info. Consistent with reports from McGowan. I am now short 02 at $39/ton and long 03-04 at $32.50/ton. Love the spread given my view of natty.

Since the report is almost identical to info I have received from McGowan, I don't see any pressing need to call Alan. You are certainly free to call him if you want.

-----Original Message-----
From: Herndon, Rogers
Sent: Friday, August 24, 2001 9:03 AM
To: Presto, Kevin M.
Subject: PIRA Draft Report

Kevin -

I just received this. You may want to read it and we can give Alan a call if you like.

Rogers
-----Original Message-----
From: "Allan Stewart" <astewart@pira.com<@ENRON [mailto:IMCEANOTES-+22Allan+20Stewart+22+20+3Castewart+40pira+2Ecom+3E+40ENRON@ENRON.com]
Sent: Friday, August 24, 2001 8:21 AM
To: Pradhan, Salil
Cc: Herndon, Rogers
Subject: RE: Request for Information/Status Report

I have attached a copy of a draft section to our upcoming eastern grid for
your comment. I would be interested in your views of our views.

Regards,
Allan Stewart

- COALEast.doc << File: COALEast.doc <<