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From:richard.park@enron.com
To:
Subject:GenCo Valuation Model
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Date:Fri, 10 Mar 2000 06:17:00 -0800 (PST)

FYI
---------------------- Forwarded by Richard Park/ENRON_DEVELOPMENT on
03/10/2000 02:14 PM ---------------------------


Clement Lau@ECT
03/07/2000 07:00 PM
To: Don Miller/HOU/ECT@ECT, Richard Park/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Jonathan Hoff/HOU/ECT@ect
cc:

Subject: GenCo Valuation Model

Attached is the model.

p.s The 2000 capacity prices that Jenny gave us for the 1999 peakers seems
way too high unless she is only calculating the peak periods.