Enron Mail

From:ketan.parekh@msdw.com
To:kelly.templeton@enron.com
Subject:Re: Trading Edge conference call
Cc:mike.fowler@enron.com, sara.shackleton@enron.com, ketan@ms.com,sheila.glover@enron.com
Bcc:mike.fowler@enron.com, sara.shackleton@enron.com, ketan@ms.com,sheila.glover@enron.com
Date:Tue, 21 Nov 2000 02:35:00 -0800 (PST)

OK with me.
Ketan


==============================================================
Kelly.Templeton@enron.com wrote:

< Please advise if you will be available at 9:00 a.m. on Wednesday, November
< 22, 2000 for this conference call.
<
< Thanks,
< Kelly
< x39945
< ---------------------- Forwarded by Kelly Templeton/Corp/Enron on
< 11/21/2000 08:22 AM ---------------------------
<
<
< (Embedded Enron North America Corp.
< image moved
< to file: From: Sheila Glover @ ECT
< pic17673.pcx) 11/20/2000 01:10 PM
<
<
<
<
< To: Mike Fowler/Corp/Enron@ENRON, Sara Shackleton/HOU/ECT@ECT,
< ketan@ms.com
< cc: Kelly Templeton/Corp/Enron@ENRON
<
< Subject: Re: Trading Edge conference call
<
< I will ask Kelly to set up a conference call with the 4 of us for this
< Wednesday to discuss what infommation should be provided to Trading Edge.
< Sheila
< ---------------------- Forwarded by Sheila Glover/HOU/ECT on 11/20/2000
< 01:08 PM ---------------------------
<
< Mike Fowler@ENRON
< 11/20/2000 07:59 AM
<
< To: Sheila Glover/HOU/ECT@ECT
< cc: ketan@ms.com, Sara Shackleton/HOU/ECT@ECT
< Subject: Re: Trading Edge (Document link: Sheila Glover)
<
< Ketan is the person I spoke with Friday. The appropriate contact at
< Trading Edge is their credit manager, Joe Greenburg at 646-375-1318. As
< noted below, Joe agreed to accept a qualitative statement from Morgan
< Stanley that the $25 million limit we are proposing is not excessive based
< on our relationship with Morgan Stanley.
<
< Thanks.
<
< Mike
<
<
< (Embedded Enron North America Corp.
< image moved
< to file: From: Sheila Glover @ ECT
< pic04664.pcx) 11/17/2000 05:33 PM
<
<
<
<
< To: ketan@ms.com, Sara Shackleton/HOU/ECT@ECT
< cc: Mike Fowler/Corp/Enron@ENRON
<
< Subject: Trading Edge
<
< (Embedded
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<
<
<
< Ketan,
< I do not know who Mike spoke to at Morgan Stanley. Do you agree that this
< is a statement that Morgan, Stanley would make? Would you please run the
< traps at Morgan to confirm but do not provide any info to Trading Edge
< until confirmed by me after I have received notification from Enron Legal
< that they are okay with this approach. Ketan, Mike Fowler will send you,
< Sara and I the name of whom he spoke with.
< Thanks. Sheila
<
< Sara,
< What do you think?
<
< ---------------------- Forwarded by Sheila Glover/HOU/ECT on 11/17/2000
< 05:26 PM ---------------------------
<
< Mike Fowler@ENRON
< 11/17/2000 05:07 PM
<
< To: Sheila Glover/HOU/ECT@ECT
< cc: Paul Pizzolato/HOU/ECT@ECT
< Subject: Trading Edge
<
< As you are aware, Jeff Kinneman would like to establish agreements for ENA
< and ECT Investments to begin online bond trading with Buy Side Direct and
< Trading Edge. Given that we will not provide 1) financial statements for
< ENA and ECT Investments, or 2) a guarantee from Enron Corp., Trading Edge
< has requested information from our prime broker Morgan Stanley in order to
< determine a limit for our Trading Edge activity.
<
< We intend to ask Trading Edge to establish a $25 million daily trading
< limit for our activity. Based on a discussion with Trading Edge, it appears
< that they would accept a qualitative statement from Morgan Stanley that
< this is not excessive based on our relationship with Morgan Stanley. Our
< account rep informed me that Enron has approximately $400 million of equity
< under management with Morgan Stanley. Jeff prefers not to provide specific
< trading statistics to Trading Edge, but would be comfortable with having
< Morgan Stanley state that our holdings are well in excess of the proposed
< daily trading limit. In addition, Morgan Stanley referred to a letter of
< good standing that they could provide on our behalf to Trading Edge.
<
< Our Morgan Stanley rep wanted to ensure that any request for information be
< approved by your area. Who from your area should I work with on this
< matter ?
<
< Please let me know if you would like to discuss. Thanks.
<
< Mike
< x39990
<
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