Enron Mail

From:kate.symes@enron.com
To:cara.semperger@enron.com
Subject:Desk-to-Desk v. Cross-Portfolio
Cc:
Bcc:
Date:Mon, 12 Feb 2001 07:35:00 -0800 (PST)

I'm not quite sure how this exchange began, but it sounds like Kroum is
referring to several different issues here. First of all, our forward
obligation report does not reflect cross-portfolio deals, an application
issue that Will Smith, and it looks like Kroum as well, has been working on
for the past few weeks.

Also, deal 498488 is a forward deal done on EOL between STSW and their own
desk. I haven't seen a trade WITHIN a desk before, but I'm sure anything is
possible. At any rate, this doesn't look like a cross-portfolio deal at all.
Am I missing something?

As for the zeroed out deals, I'm pretty sure everyone here knows how to
properly kill deals in Enpower; however, it takes so long that sometimes we
simply zero out the volume in the interest of time. I've often wondered if
this litters the system and makes it more confusing for other people to do
their jobs - do you know anything about that?

I just thought I'd ask these questions while the subject was being raised.
Please let me know if I can help facilitate these changes or improvements in
any way.

Thanks,
Kate
---------------------- Forwarded by Kate Symes/PDX/ECT on 02/12/2001 03:18 PM
---------------------------
From: Kroum Kroumov/ENRON@enronXgate on 02/12/2001 11:02 AM CST
To: Cara Semperger/PDX/ECT@ECT
cc: Monica Lande/PDX/ECT@ECT, Kate Symes/PDX/ECT@ECT

Subject: RE: FW: FWDOBL


Cara,

I think the report should work that way even now.

I think I found a deal like that 498488 between EPMI Southwest and EPMI
Southeast,
Region R7, please take a look at that when you test the report.


I saw lots of deals on the report with volume 0 and price 0, they were
entered that way
in Portland. There might be another reason, but I think someone wanted
to kill the deals.
There is an option in Deal Entry to do that, if one opens a deal and
right click with the
mouse on the status (Done), one can kill a deal.


Kroum





-----Original Message-----
From: Semperger, Cara
Sent: Thursday, February 08, 2001 1:06 PM
To: Kroumov, Kroum
Cc: Lande, Monica; Symes, Kate
Subject: Re: FW: FWDOBL

The "two sides of a cross-portfolio deal" language is a bit vague and
misleading. A cross-portfolio deal is kind of like a desk to desk deal.
Another Enron book has traded with one of ours.

Two important things need to happen with cross-portfolio deals.
1. They need to only show on the forward obligation report when "Desk to
Desk" is selected.
2. They are only financial in nature, no physical delivery is ever done
cross portfolio.

I don't think "both sides" is correct. We need to only see our buy or our
sale when we query for our point. When the other portfolio queries their
stuff, they should see their side.

C




From: Kroum Kroumov/ENRON@enronXgate on 02/08/2001 11:36 AM CST
To: Cara Semperger/PDX/ECT@ECT
cc:
Subject: FW: FWDOBL


Cara,

This is all I have so far. I would appreciate your help to make it
clearer.

If you find a deal No like that, I think it will make my job easier.


Thanks,
Kroum



-----Original Message-----
From: Project Manager<Unknown.Man@enron.com<@ENRON
[mailto:IMCEANOTES-Project+20Manager+3CUnknown+2EMan+40enron+2Ecom+3E+40ENRON@
ENRON.com]
Sent: Thursday, February 08, 2001 10:31 AM
To: Kroumov, Kroum
Subject: FWDOBL


Forward Obs should show two sides of a Cross-Portfolio deal. Find out what
needs to be done. Contact Monica
Lande or Kate Symes in Portland for more details