RE: Edison's Hedging Proposals Under the Rate Settlement It Reached

Cc: stephanie.miller@enron.com, m..tholt@enron.com
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Craver will head up any of these specific deals that Edison enters into. I've known Fielder for a long time (very much the company guy, but pretty easy to work with). I've met Craver, but don't know him as well as Fielder. Won't be a stretch to get a meeting with Craver if we choose to do it. Edison is the counterparty. Regarding the credit issue, in addition to Edison, we should also view the California PUC as a "co-counterparty" to just about anything Edison does over the next 24 months or so.

Best,
Jeff

-----Original Message-----
From: Tycholiz, Barry
Sent: Friday, October 12, 2001 7:25 AM
To: Dasovich, Jeff
Cc: Miller, Stephanie; Tholt, Jane M.
Subject: RE: Edison's Hedging Proposals Under the Rate Settlement It Reached with the California PUC

Jeff, I was talking to Mike Etringer yesterday regarding this subject and he gave me the name of the CFO Ted Craver. I understand that you guys were dealing with John Fielder.

For sure we want to know what they are up to. I think like all deals in California we are going to run into issues with credit, and probably paper but that would pretty much depend on the counterparty. ( is it edison), or DWR?

It is VERY important that trading and marketing are aware of the hedging activities in a very timely fashion so however we need to ensure that happens will be my plan.

Do you know the CFO ?

regards, BT

-----Original Message-----
From: Dasovich, Jeff
Sent: Thursday, October 11, 2001 6:59 PM
To: Tycholiz, Barry; Miller, Stephanie; Tholt, Jane M.
Subject: FW: Edison's Hedging Proposals Under the Rate Settlement It Reached with the California PUC
Importance: High

FYI. Edison's filing for approval to hedge power up to $250MM. If you'd like to get in front of Edison's CFO on this. Let me know.

Best,
Jeff