Enron Mail

From:louise.kitchen@enron.com
To:andy.zipper@enron.com
Subject:Re: Gross Error language
Cc:david.forster@enron.com, mark.taylor@enron.com
Bcc:david.forster@enron.com, mark.taylor@enron.com
Date:Tue, 22 Aug 2000 07:35:00 -0700 (PDT)

Is there not something better than a percentage? Noticce the lack of a
better answer from me.




Andy Zipper@ENRON
22/08/2000 11:44
To: David Forster/Corp/Enron@Enron, Louise Kitchen/HOU/ECT@ECT, Mark
Taylor/HOU/ECT@ECT
cc:

Subject: Re: Gross Error language

I think 5% is way too small. At certin physical locations for both gas and
power, a 5% move is easily achievable in the normal course of business i.e.
35 mwh power to 45mwh or Transco Z6 from 5.00 to 5.50 in the next trade. I
think something in the neighborhood of 20% to 25% is
commercially reasonable.