RE: Exelon + Enron -- Do the financials look good?

We are certainly two different companies. At first blush, the stable cash flow from the utility business is certainly a good thing. A foothold in PJM may also be beneficial. Combined market cap would be about $25 million--debt-to-cap still high, offset by more stable cash flows. EXC's ROA and ROE appears much stronger. More later....

-----Original Message-----
From: Steffes, James D.
Sent: Friday, October 26, 2001 8:29 AM
To: Schneider, Chip
Subject: Exelon + Enron -- Do the financials look good?

Chip --

Did you get the chance to look at the combined company? Just interested.

Thanks