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arnold-j/_sent_mail/245.
|
subject: Re: Vacation
content: Must be nice to be a Wall Street executive
"Frank F. Zerilli" <[email protected]> on 08/23/2000 10:11:35 PM
To: [email protected]
cc:
Subject: Vacation
John,
I will be out of the office vacationing up in Martha's Vineyard with the
family through Labor Day. Good Luck with Debby...talk to you in Sep.
| ||
arnold-j/_sent_mail/246.
|
subject:
content: Hey:
So I was thinking about your NY problem...I might have an answer. The site
http://www.bestfares.com/internet_charts/hotel_internet.htm
lists cheap hotel specials. The problem is they won't list them until the
Wednesday before the weekend. Check it out though. They have some
reasonable deals.
John
| ||
arnold-j/_sent_mail/247.
|
subject: Re:
content: Thanks. This is a project we should have done 5 years ago.
John
Sarah Wesner@ENRON
08/22/2000 11:10 AM
To: John Arnold/HOU/ECT@ECT
cc: Dutch Quigley/HOU/ECT@ECT
Subject: Re:
Futures' information - will work with Dutch, may take several days
Margin Financing Agreement terms:
Warren Tashnek left me a message today saying that the Soc Gen documents were
coming.
John Arnold@ECT
08/22/2000 07:04 AM
To: Sarah Wesner/Corp/Enron@Enron
cc: Dutch Quigley/HOU/ECT@ECT
Subject:
Sarah:
Can you create a spreadsheet summarizing Enron's open futures interest broken
down by commodity and broker, including maintenance and initial margin for
all commodities (including rates, currencies, gas, crude, etc).
Also, can you create a list of all margin financing agreements in place and
the rates we pay.
Thanks,
John
| ||
arnold-j/_sent_mail/248.
|
subject: Re: ENA Fileplan Project - Needs your approval
content: Fine
Ina Rangel
08/22/2000 02:08 PM
To: Phillip K Allen/HOU/ECT@ECT, Hunter S Shively/HOU/ECT@ECT, Scott
Neal/HOU/ECT@ECT, Fred Lagrasta/HOU/ECT@ECT, John Arnold/HOU/ECT@ECT, Thomas
A Martin/HOU/ECT@ECT
cc: Kimberly Brown/HOU/ECT@ECT, Airam Arteaga/HOU/ECT@ECT, Becky
Young/NA/Enron@Enron, Laura Harder/Corp/Enron@Enron
Subject: ENA Fileplan Project - Needs your approval
Carolyn Gilley who is a department head in our records management group has
hired the firm, Millican & Assoicates to come in and compile all of our
current and archived files into a more suitable fileplan. Enron has given
permission for this firm to handle this, but they need further approval from
each one of you to deal with your backoffice people and with your assistants
in compiling this information to complete their project. Below is a more
detailed letter from the firm explaining their work here.
Please respond to me that I have your approval to give for them to complete
your project.
Thank You,
Ina Rangel
---------------------- Forwarded by Ina Rangel/HOU/ECT on 08/22/2000 01:56 PM
---------------------------
Sarah Bolken@ENRON
08/22/2000 08:17 AM
Sent by: Sara Bolken@ENRON
To: Ina Rangel/HOU/ECT@ECT
cc:
Subject: ENA Fileplan Project
Ina, here is information concerning the scope and purpose of our project:
We are records and information management consultants from Millican &
Associates, who have been hired by Carolyn Gilley, ENA's Records Manager, to
formulate a Fileplan for all of ENA's business records. The approach we're
taking to develop this Fileplan is to perform a generic inventory of each
ENA organization's records. Now, we generally meet with an executive (usually
a vice president, director or manager) within each group to first explain
this project and seek permission to perform the inventory. We'll then ask
that executive to designate someone within his/her area to serve as our
working contact. The contact is usually someone who is very familiar with
their department's record, and can be a manager or support staff.
There are a number of reasons we are working on this ENA Fileplan Project.
Enron, as I am sure you know, creates volumes of paper and electronic
records--much of it has never been captured on a records retention schedule.
Many departments are keeping records well beyond their legal retention
requirements, taking up valuable and expensive office space. The Fileplan,
once completed, will document what is being created, who has responsibility
for it, and how long it must be maintained.
Enron has also invested in a software product called Livelink. Livelink is an
imaging system whereby you can scan your documents into it, index them, and
then use the "imaged" document viewable from your computer as the working
copy. After scanning, the paper can either be destroyed or transferred to
offsite storage, depending upon its retention requirements.
During our inventory we will attempt to capture both paper and electronic
records. We'll also try to identify any computer systems your area uses, i.e.
MSA, SAP, etc.. The inventory itself is painless and non-invasive, in that we
do not open or look into file cabinets or desk drawers. It's simply an
interview process where the contact answers a few easy, simple questions.
If you have any additional questions, please feel free to give me a call.
Thank you.
Sara Bolken
X35150
| ||
arnold-j/_sent_mail/249.
|
subject:
content: Sarah:
Can you create a spreadsheet summarizing Enron's open futures interest broken
down by commodity and broker, including maintenance and initial margin for
all commodities (including rates, currencies, gas, crude, etc).
Also, can you create a list of all margin financing agreements in place and
the rates we pay.
Thanks,
John
| ||
arnold-j/_sent_mail/25.
|
subject: re:mkts
content: Z/F !!!! wow. Who would have thunk it. Prompt gas at $6+ and Z/F as
wide as last year. Hard to think of a better scenario for it to flip.
Rather, hard to think of any scenario for any z/f to be contango. if it
couldn't do it this year....
A lot of boys max withdrawing out of storage because that's what the curve
told them to do last bid week. Obviously, more gas trying to come out than
is being burned, so you have to incentivize an economic player, like an
Enron, to inject. Problem is if we stick it in the ground now, we're pulling
it out in G. When you had z/g at 35 back and cash getting priced off g,
cash/z looks awfully weak, thus putting a lot of pressure on z/f. Storage
economics will always dictate this market except maybe latter half of
winter. Buyers of h/j at 70 certainly hope so anyways.
Agree with you that back half of the winter should be strong. storage boys
are withdrawing today and buying that. bottom fishing in f/g yet or is it
going to zero?
[email protected] on 11/22/2000 06:50:46 AM
To: [email protected]
cc:
Subject: re:mkts
agree on jan/feb-i cudnt resist sold a little yest at 39-will prob end up
buying
em back at +45 and piss away the rest of my month
fyi-if you ever have a chance to speak on the phone feel free to call-my time
is
busy but managed only by me not paper flow and eol. so i dont bother you with
calls just an occasional email to give you the time to respond when you have
the
time. im also susprised about dec/jan-mad a few bucks trading it both ways but
one cant help wonder given these loads-gass crazy out west-the so called
impact
of husbanding by end users yet the frontn of the curve still cant backwardate
at
all-indeed makes all the sprds look very rich agaon.
also will be curious how these "loan deals" by pipes work ouut. man these
guys cud really be getting themselves in trouble-another big reason dec cash
hasnt been able to go over jan-but i think it will make them strong longs in
the
back of the mkt?? ie are they taking the gas back in march, april?? shud keep
that part of the curve very strong agree?
be cool my man-talk later
| ||
arnold-j/_sent_mail/250.
|
subject: Re: stock option grant agreement
content: Jennifer:
I'll be here, 3221F, tomorrow from 7:00 - 8:00 and 8:30-9:00 am.
Thanks
John
Jennifer Milligan
08/21/2000 11:15 AM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: stock option grant agreement
John,
I am a new generalist on your Human Resources team and I would like to
deliver your Stock Option Grant Agreement. We are required to deliver these
documents in person, so please email me with your current EB location or call
me with a convenient delivery time.
Thanks,
Jennifer
X35272
| ||
arnold-j/_sent_mail/251.
|
subject: Re:
content: And I'm expecting the same from you.
Brian Hoskins
08/21/2000 12:52 PM
To: John Arnold/HOU/ECT@ECT
cc: Mike Maggi/Corp/Enron@Enron, Larry May/Corp/Enron@Enron, Peter F
Keavey/HOU/ECT@ECT
Subject: Re:
John,
I trust you have set a good example for all of us to follow by contributing
20% of your gross income. Don't let us down.
Brian
John Arnold
08/21/2000 12:49 PM
To: Mike Maggi/Corp/Enron@Enron, Larry May/Corp/Enron@Enron, Peter F
Keavey/HOU/ECT@ECT, Brian Hoskins/HOU/ECT@ECT
cc:
Subject:
Dear fellows,
Please remember to fill out your pledge card for United Way (even if you
don't plan on contributing) if you haven't done so thus far.
Thanks,
John
| ||
arnold-j/_sent_mail/252.
|
subject:
content: Dear fellows,
Please remember to fill out your pledge card for United Way (even if you
don't plan on contributing) if you haven't done so thus far.
Thanks,
John
| ||
arnold-j/_sent_mail/253.
|
subject: Bi-weekly Meeting
content: Ina:
1. Vacation is fine.
2. Please put meeting below on calendar.
3. I am going to analyst presentation at Vanderbilt. Find out when it is and
put on calendar.
4. Can you find out who is on the ENA management committee meeting I went to
along with their title and responsibilities.
5. Can you schedule a meeting for Tuesday or Wednesday late afternoon with
Phillip, Hunter, and Fletch about EOL
Thanks.
---------------------- Forwarded by John Arnold/HOU/ECT on 08/21/2000 12:26
PM ---------------------------
Enron North America Corp.
From: Airam Arteaga 08/18/2000 05:26 PM
To: Phillip K Allen/HOU/ECT@ECT, Thomas A Martin/HOU/ECT@ECT, Scott
Neal/HOU/ECT@ECT, John Arnold/HOU/ECT@ECT, Hunter S Shively/HOU/ECT@ECT,
Sally Beck/HOU/ECT@ECT, Grant Masson/HOU/ECT@ECT, Beth Perlman/HOU/ECT@ECT,
Ted Murphy/HOU/ECT@ECT, Vladimir Gorny/HOU/ECT@ECT
cc: Rita Hennessy/NA/Enron@Enron, Cherylene R Westbrook/HOU/ECT@ECT, Patti
Thompson/HOU/ECT@ECT, Ina Rangel/HOU/ECT@ECT, Laura Harder/Corp/Enron@Enron,
Kimberly Brown/HOU/ECT@ECT
Subject: Bi-weekly Meeting
Please mark your calendars for the following Bi-Weekly Meeting, on Tuesdays,
starting on August, 29th.
Date: Tuesday, August 29
Time: 3:00 pm - 4:00 pm
Location: EB32C2
Topic: Var, Reporting and Resources Meeting
If you have any questions/conflicts, please feel free to call me.
Thanks,
Rain
x.31560
| ||
arnold-j/_sent_mail/254.
|
subject: Re: trading the dots time again?
content: does the arnolds' worldwide notoriety surprise you?
John Buckner Thomas
08/21/2000 12:20 PM
To: John Arnold/HOU/ECT@ECT
cc: Matthew Arnold/HOU/ECT@ECT
Subject: Re: trading the dots time again?
season started saturday. ends in may. i'm pretty open..... bring it.
arsenal v liverpool tonite.
me and hugh grant are neighbors (notting hill)... and he's been asking about
the arnolds...
or something.
John Arnold
21/08/2000 18:16
To: John Buckner Thomas/LON/ECT@ECT
cc:
Subject: Re: trading the dots time again?
when are we invited??
John Buckner Thomas
08/21/2000 11:51 AM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: trading the dots time again?
when are you and your brother coming over to watch some premier league?
| ||
arnold-j/_sent_mail/255.
|
subject: Re: trading the dots time again?
content: when are we invited??
John Buckner Thomas
08/21/2000 11:51 AM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: trading the dots time again?
when are you and your brother coming over to watch some premier league?
| ||
arnold-j/_sent_mail/256.
|
subject: Re:
content: Is that hugs or kisses?
John J Lavorato@ENRON
08/21/2000 10:42 AM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Re:
XXXX XXX
| ||
arnold-j/_sent_mail/257.
|
subject:
content: Due to VAR reasons, you and I both need to sell today. Vol and price are
going up, implying Enron can carry fewer contracts today than Friday. Have
your desk net sell 400 today.
John
| ||
arnold-j/_sent_mail/258.
|
subject:
content: Had Carlos Franco just shot a 49 yesterday instead of a 70, you would have
won.
| ||
arnold-j/_sent_mail/259.
|
subject:
content: Hey,
Can you add Whalley and/or Andy Zipper to Pedrone's interview schedule. He
can come in earlier if necessary.
If you need to talk to him, he is staying at the Omni and his cell number is
917-699-2222.
John
| ||
arnold-j/_sent_mail/26.
|
subject: Nat Gas intraday update
content: Please tell me he's not analyzing bollinger bands.
---------------------- Forwarded by John Arnold/HOU/ECT on 11/27/2000 05:42
PM ---------------------------
"Bob McKinney" <[email protected]> on 11/27/2000 09:46:13 AM
To: "Capstone" <[email protected]>
cc:
Subject: Nat Gas intraday update
Attached please find a follow up to today's Natural Gas market analysis.
?
Thanks,
?
Bob
- 11-27-00 Nat Gas intraday update 1.doc
| ||
arnold-j/_sent_mail/260.
|
subject:
content: I had a dream that you were laid off yesterday, the day before your deal.
Just checking on Saturday with third eye blind...
| ||
arnold-j/_sent_mail/261.
|
subject:
content: If J. Franco wins, you win $2425
If he loses, you lose $75
| ||
arnold-j/_sent_mail/262.
|
subject: FW: Bumping into the husband....
content: ---------------------- Forwarded by John Arnold/HOU/ECT on 08/17/2000 02:20
PM ---------------------------
08/17/2000 02:12 PM
Brenda Flores-Cuellar@ENRON
Brenda Flores-Cuellar@ENRON
Brenda Flores-Cuellar@ENRON
08/17/2000 02:12 PM
08/17/2000 02:12 PM
To: Jeffrey A Shankman/HOU/ECT@ECT, John Arnold/HOU/ECT@ECT
cc:
Subject: FW: Bumping into the husband....
This is too funny.
-Bren
- hyundai.mpeg
| ||
arnold-j/_sent_mail/263.
|
subject:
content: Web server noticeably slow today. I'm getting a lot of bad failed trades
(2-3 seconds behind when I change a price).
Not necessarily slower than yesterday, but definitely slower than a month
ago.
| ||
arnold-j/_sent_mail/264.
|
subject:
content: z/f trading 4
| ||
arnold-j/_sent_mail/265.
|
subject: Re:
content: Thanks...anxiously awaiting
Andy Zipper@ENRON
08/16/2000 09:28 AM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Re:
Yeah yeah I know....
The roll out for phase II EOL is (for now) 8/28/00. Options are qeued next
after that. Unfortu ately I wish I could give you a hard date, but it is out
of my hands and in Jay Webb's shop. I am pushing as hard as I can but Louise
has set phase II as the priority. I know this sounds like a lame excuse, but
I don't know what else to say. The application is built, it just needs to be
tested. Please don't get too frustrated and keep the pressure up on us.
Andy
| ||
arnold-j/_sent_mail/266.
|
subject:
content: Andy:
Just checking on the options. Any idea on rollout date?
John
| ||
arnold-j/_sent_mail/267.
|
subject:
content: Congrats on your new job..
| ||
arnold-j/_sent_mail/268.
|
subject: Re: daily charts 8/10
content: Scott:
Congrats on some great tech analysis of late. You've called it near
perfectly over the past month.
John
[email protected] on 08/10/2000 07:04:53 AM
To: [email protected]
cc:
Subject: daily charts 8/10
The information contained herein is based on sources that we believe to be
reliable, but we do not represent that it is accurate or complete. Nothing
contained herein should be considered as an offer to sell or a solicitation
of an offer to buy any financial instruments discussed herein. Any
opinions expressed herein are solely those of the author. As such, they
may differ in material respects from those of, or expressed or published by
on behalf of Carr Futures or its officers, directors, employees or
affiliates. , 2000 Carr Futures
The charts are now in the most recent version of Adobe Acrobat 4.0 and they
should print clearly from Adobe Acrobat Reader 3.0 or higher. Adobe Acrobat
Reader 4.0 may be downloaded for FREE from www.adobe.com.
(See attached file: ngas.pdf)(See attached file: crude.pdf)
- ngas.pdf
- crude.pdf
| ||
arnold-j/_sent_mail/269.
|
subject: suicide at press conference
content: ---------------------- Forwarded by John Arnold/HOU/ECT on 08/09/2000 05:47
PM ---------------------------
"Zerilli, Frank" <[email protected]> on 08/09/2000 08:49:34 AM
To: "'[email protected]'" <[email protected]>
cc:
Subject: suicide at press conference
suicide
- suicide.avi
| ||
arnold-j/_sent_mail/27.
|
subject: Re: not good for the under
content: good seats sill available
Matthew Arnold
11/27/2000 12:33:48 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: not good for the under
guess who is a sponsor of the galleryfurniture.com bowl? tickets available
in the energizer for $8.
| ||
arnold-j/_sent_mail/270.
|
subject: Re: Carr Futures Presentation
content: I will not be able attend but Errol will be there in my place.
Thanks,
John
PAMELA
SONNIER
08/09/2000 10:27 AM
To: David P Dupre/HOU/ECT@ECT, Larry Joe Hunter/HOU/ECT@ECT, Dutch
Quigley/HOU/ECT@ECT, Errol McLaughlin/Corp/Enron@ENRON, Dart
Arnaez/HOU/ECT@ECT, DeMarco Carter/Corp/Enron@ENRON, Aneela
Charania/HOU/ECT@ECT, Theresa T Brogan/HOU/ECT@ECT, Shifali
Sharma/NA/Enron@Enron, Bob Bowen/HOU/ECT@ECT, John Weakly/Corp/Enron@ENRON,
Curtis Smith/HOU/ECT@ECT, Jeremy Wong/HOU/ECT@ECT, Jennifer K
Longoria/HOU/ECT@ECT, Patricia Bloom/HOU/ECT@ECT, Bob Klein/HOU/ECT@ECT,
Gerri Gosnell/HOU/ECT@ECT, Spencer Vosko/HOU/ECT@ECT, John
Wilson/NA/Enron@ENRON, John Arnold/HOU/ECT@ECT
cc: Jefferson D Sorenson/HOU/ECT@ECT, Maria Sandoval/HOU/ECT@ECT
Subject: Carr Futures Presentation
Your attendance is requested for this Carr presentation Friday, August 11th
in 32C2 at 11:30a.
Jeff Koehler, Senior VP of Global Client Services along with Scott Oblander,
Assistant VP, Energy Division and Hamilton Fonseca, VP, Customer Support
will be in our office on Friday.
These gentlemen will be here to demonstrate Carr's electronic clearing
capabilities.
This presentation is for Enron's mid/back office and IT personnel that are
involved in exchange traded futures and options. The presentation is real
time via the internet and takes approximately 1 1/2 to 2 hours depending on
the number of questions that are raised.
Lunch will be served and we look forward to seeing each of you present. If
for any reason you are unable to attend please inform me that I might order
lunch accordingly.
Thank You.
Pamela Sonnier
(x3 7531)
| ||
arnold-j/_sent_mail/271.
|
subject: Re:
content: thx
Liz M Taylor
08/09/2000 08:54 AM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Re:
Hi Johnny,
I was out yesterday and did not receive your message until now. However, I
did not have any tickets. I'll make it up to you. Let me know when you
would like to attend a game.
Liz
John Arnold
08/08/2000 01:45 PM
To: Liz M Taylor/HOU/ECT@ECT
cc:
Subject:
Hey:
Do you have any extras for tonight's game?
John
PS. How's you bowl
| ||
arnold-j/_sent_mail/272.
|
subject: Re: Forward-forward Vol Implementation Plan
content: Hello,
Just checking to see if things are progressing as scheduled.
Thanks,
John
From: Vladimir Gorny 07/31/2000 06:35 PM
To: John J Lavorato/Corp/Enron@Enron, Jeffrey A Shankman/HOU/ECT@ECT, John
Arnold/HOU/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT, Frank
Hayden/Corp/Enron@Enron, Stephen Stock/HOU/ECT@ECT
cc:
Subject: Forward-forward Vol Implementation Plan
Plan of action for implementation of the VaR methodology change related to
forward-forward volatilities:
1. Finalize the methodology proposed (Research/Market Risk) - Done
2. Testing of the new methodology for the Natural Gas Desk in Excel (Market
Risk) - Done
3. Get approval for the methodology change from Rick Buy (see draft of the
memo attached) - John Lavorato and John Sherriff - by 8/7/00
- John Lavorato, any comments on the memo?
- Would you like to run this by John Sherriff or should I do it?
4. Develop and implement the new methodology in a stage environment
(Research/IT) - by 8/14/00
5. Test the new methodology (Market Risk, Traders) - by 8/27/00
6. Migrate into production (Research/IT) - 8/28/00
Please let me know if this is reasonable and meets everyone's expectations.
Vlady.
| ||
arnold-j/_sent_mail/273.
|
subject: Reuters Story on E-Exchange
content: ---------------------- Forwarded by John Arnold/HOU/ECT on 08/08/2000 05:54
PM ---------------------------
"Zerilli, Frank" <[email protected]> on 08/08/2000 08:17:19 AM
To: "David D'alessandro (E-mail)" <[email protected]>,
"'[email protected]'" <[email protected]>
cc: "Glynn,Kevin" <[email protected]>, "Wolkwitz, Rick"
<[email protected]>, "Kelly, Joseph" <[email protected]>
Subject: Reuters Story on E-Exchange
By Fiona O'Brien
LONDON, Aug 8 (Reuters) - The head of the largest yet Internet
exchange for energy products said it will combine traditional anonymity
with transparency to give traders a better overview of market activity.
The InterContinentalExchange (ICE), an Atlanta-based venture
initiated by seven major oil companies and banks is due to launch August
24 for trade in precious metals swaps, with energy products trade to go
live soon afterwards.
While market transparency will increase as dealers used to
over-the-counter (OTC) telephone-based market trade on a screen, users
of the ICE will remain nameless up until the point of trade, Jeffrey
Sprecher, ICE's chief executive officer told Reuters in an interview.
"As soon as you hit the deal, the system reveals both
counterparties," he said. "The real strength is that you (still) get the
ability to manage your own counterparties.
"You can list all of the people you want to do business with and put
in the credit terms under which you will do business."
This information will then be processed by what Sprecher called a
"giant matrix" within the system.
"(At the moment) people in the over-the-counter market aren't sure
they have ever seen the entire market," he said.
"(On the ICE), deals you can do will appear in white and deals you
can't do will be in grey, but you can see the entire market."
Giving players a fuller complement of figures than they are currently
aware of in a telephone-dominated market should increase market
transparency, as they can keep abreast of the activities of dealers who
fall outside their own trading criteria, Sprecher said.
The exchange is expected to function in real time around the clock
and will be accessible via the public internet or a private network
connection.
Initial liquidity will be provided by founder members BP Amoco
<BPA.L>, Deutsche Bank <DBKGn.DE>, Goldman Sachs <GS.N>, Morgan Stanley
Dean Witter <MWD.N>, Royal Dutch/Shell <RD.AS><SHEL.L>, Societe Generale
<SOGN.PA> and TotalfinaElf <TOTF.PA>.
Shell runs the industry's largest international oil trading operation
and Goldman Sachs' J.Aron commodities arm last year was dominant
internationally in unregulated OTC oil derivatives.
Late in July the original cast was joined by six gas and power
companies, American Electric Power <AEP.N,> Utilicorp's Aaquila Energy
<UCU.N,> Duke Energy <DUK.N,> El Paso Energy <EPG.N>, Reliant Energy
<REI.N> and Southern Company Energy Marketing <SO.N>.
Sprecher said continued liquidity would be ensured by the fact that
the founding members will pay fees even if they do not trade and will
face additional penalties if they fail to live up to their commitment to
trade a minimum volume.
TRADERS STILL TO DO OWN CLEARING
As well as increasing awareness of market moves, Sprecher believes
trading over the Internet could boost trading profits.
"The economics (of the system) will be driven by the fact that a
paperless back office can really save a lot of money," he said.
However such savings on trading the ICE appear some way off given
that dealers will initially have to continue using their own clearing
systems, as they do in current OTC systems.
Under the ICE, once a deal has been struck both counterparties will
receive an electronic deal ticket which will then go through those
players' own risk management systems.
But the exchange is eager to look at ways of introducing its own
clearing system.
"No one really knows how at the moment," Sprecher said. "There might
be some hybrid between traditional exchange clearing and what now exists
peer to peer."
In terms of participation costs, no membership fees will be incurred
except those associated with trading. Membership is open to any
commercial market participant.
Each product will have its own published commission schedule, which
Sprecher assessed at "slightly below the best prices someone would pay
in the voice broker business". ((London newsroom +44 20 7542 7930)
For related news, double click on one of the following codes:
[O] [E] [ACD] [U] [ELE] [ELN] [UKI] [EMK] [MD] [CRU] [PROD] [ELG] [NGS]
[WWW] [US] [GB] [FR] [DE] [BNK] [DRV] [EUROPE] [WEU] [MEAST] [LEN]
[RTRS]
[BPA.L\c] [DBKGn.DE\c] [GS.N\c] [MWD.N\c] [SHEL.L\c] [SOGN.PA\c]
For related price quotes, double click on one of the following codes:
<BPA.L> <DBKGn.DE> <GS.N> <MWD.N> <SHEL.L> <SOGN.PA>
Tuesday, 8 August 2000 13:24:31
RTRS [nL08439249]
| ||
arnold-j/_sent_mail/274.
|
subject: Re: BNP PARIBAS Weekly AGA Survey
content: 67
[email protected] on 08/08/2000 09:32:47 AM
To: [email protected]
cc:
Subject: BNP PARIBAS Weekly AGA Survey
Good Morning,
Here are this week's stats:
AGA Last Year +45
5 yr AVG +67
Lifetime High +80 1996
Lifetime Low +45 1999
Gas in STGE 1920
5yr AVG 2132
+/- to 1999 -386
+/- to 5yr AVG -212
Please have your estimates in by Noon (11:00 CST) tomorrow. Thanks.
(Embedded image moved to file: pic24924.pcx)
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- pic24924.pcx
| ||
arnold-j/_sent_mail/275.
|
subject:
content: Hey:
Do you have any extras for tonight's game?
John
PS. How's you bowl
| ||
arnold-j/_sent_mail/276.
|
subject: Re: HeHub Basis Sep00
content: Yes, I managed it while she was on vacation.
David Forster@ENRON
08/07/2000 10:01 AM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: HeHub Basis Sep00
I note that Sandra Brawner is managing this product today, but your ID had it
Friday night.
Does this sound right?
Dave
---------------------- Forwarded by David Forster/Corp/Enron on 08/07/2000
10:01 AM ---------------------------
David Forster
08/04/2000 08:18 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: HeHub Basis Sep00
Was live as of 8:15 this evening.
I suspended it.
Dave
| ||
arnold-j/_sent_mail/277.
|
subject:
content: JP:
Hope things are going well.
I'm trying to get the email address of your new partner, Tracy.
If you have, can you forward?
Thx,
John
| ||
arnold-j/_sent_mail/278.
|
subject: Re: Houston Street
content: Although I would prefer to see the counterparty name for failed transactions,
it is not of great importance and I certainly understand a third party system
not supplying us with that info.
Andy Zipper@ENRON
07/31/2000 01:51 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Houston Street
John,
As you are probably aware we did a click through deal with Houston Street,
whereby EOL prices would be posted on their platform. The initial thought was
that this would be transparent to the trading desks; they wouldn't care
whether the trade came from Houston Street, True Quote or EOL (although we
could make the platform name available to you if you so desired.) This still
will be the case except for one problem: Houston Street does not want us to
reveal the counterparty name to the trader in the event of a failed
transaction. I don't know whether this is an issue for you or not, but I
would like to know. We will probably run into this issue with any platform we
deal with for obvious anonymity reasons. I would really appreciate your
thoughts/concerns.
-Andy
| ||
arnold-j/_sent_mail/279.
|
subject: Re: west africa
content: thx
Phil Clifford
08/02/2000 04:25 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: west africa
thought you might find this interesting. looks like heavy tropical wave
moving off the coast.
http://www.intellicast.com/Tropical/World/UnitedStates/AtlanticLoop/
| ||
arnold-j/_sent_mail/28.
|
subject: Re: Service Agreement
content: The agreement is fine. I'll mail it out.
"Mark Sagel" <[email protected]> on 11/27/2000 03:16:15 PM
To: "John Arnold" <[email protected]>
cc:
Subject: Service Agreement
John:
?
Thanks again for the opportunity to provide my technical service.? Attached
is an agreement that covers our arrangement.? Let me know if you have any
questions.? If it's ok, please sign and fax back to me at (410)308-0441.? I
look forward to working with you.?
?
Mark Sagel
Psytech Analytics
(410)308-0245
- Agree-Enron.doc
| ||
arnold-j/_sent_mail/280.
|
subject: Re: SCHEDULE - Stephen Bennett
content: I am leaving early on Friday. If they want I'll try to talk to the kid for
15 minutes around lunch.
John
---------------------- Forwarded by John Arnold/HOU/ECT on 08/03/2000 03:55
PM ---------------------------
Kevin G Moore
08/01/2000 01:22 PM
To: Toni Graham/Corp/Enron@ENRONVince J Kaminski/HOU/ECT@ECT, Mike A
Roberts/HOU/ECT@ECT, Jose Marquez/Corp/Enron@ENRON, Shirley
Crenshaw/HOU/ECT@ECT, Jeffrey A Shankman/HOU/ECT@ECT, John
Arnold/HOU/ECT@ECT, Hunter S Shively/HOU/ECT@ECT, Barbara Lewis/HOU/ECT@ECT,
Kimberly Hillis/HOU/ECT@ectBETTY CONEWAY
cc:
Subject: Re: SCHEDULE - Stephen Bennett
Hello,
I have several changes.
Vince Kaminski 9:00-10:00 Conf.EB19C1
Toni Graham 10:00-11:00 Conf.EB32C2
Mike Roberts and Jose Marquez - Lunch
Mark Tawney 1:00-1:30 Conf.EB32C2
Grant Masson 1:45-2:10 Conf.EB19C1
Stinson Gibner 2:15-2:30 Conf.EB19C1
Maureen Raymond 2:30-2:45 Conf.EB19C1
Hunter Shively 3:00-3:15 EB3241
Jeff Shankman 3:15-3:30 EB3241
John Arnold 3:30-3:45 EB3241
Please call me at x34710 with any questions or new information.
Thanks
Kevin
Moore
| ||
arnold-j/_sent_mail/281.
|
subject: Re: Sydney Olympics & IDRC
content: Please take me off email list.
mailreply <[email protected]> on 08/03/2000 09:15:53 AM
To: [email protected]
cc:
Subject: Sydney Olympics & IDRC
Planning to attend the Olympics in Sydney, Australia?
Here is a networking opportunity for our international IDRC visitors to
experience some warm Aussie hospitality.
The Sydney Chapter would love to offer our international IDRC members an
opportunity to combine the Olympics with a real Aussie Bush Barbeque in one
of our National Parks close to Sydney.
The Chapter has set aside Thursday, 14 September 2000 for an IDRC
International "Wine & Wisdom" event in the form of a Bush BBQ. The time is
4:00 - 6:00 pm for a BBQ, a little informal information sharing, and some
warm Aussie hospitality.
Just let us know who you are, how we can contact you, your particular social
or business interest, and we will be in touch with more detail. It's then up
to you!
Contact John Fox, IDRC Australia Regional Director, tel (612) 9977 0732,
email: [email protected]
Regards,
Bruce Richards
Australia Regional Council Chair
John Fox
Australia Regional Director
Visit our website for news and information www.idrc.org
| ||
arnold-j/_sent_mail/282.
|
subject:
content: The following is a summary of the trades EES did today:
# buys # sells
Sep 5 / day 5 / day
Oct 4 / day
Nov-Mar 3 / day 2 / day
Apr-Oct 1.5 / day 2.5 / day
Total contracts traded = 2045
Thought you should know...
John
| ||
arnold-j/_sent_mail/283.
|
subject:
content: Hello:
There is one feature that has not been transferred to the new stack manager.
When I sort by both counterparty and product at the bottom of the screen, the
position summary does not sort by both product and counterparty, just by
product. It would be very useful if you can replace this.
Thanks,
John
| ||
arnold-j/_sent_mail/284.
|
subject:
content: z/f 10/12
| ||
arnold-j/_sent_mail/285.
|
subject:
content: Hey:
Do you have JP's email address?
John
| ||
arnold-j/_sent_mail/286.
|
subject: wv love story
content: ---------------------- Forwarded by John Arnold/HOU/ECT on 08/03/2000 07:34
AM ---------------------------
Matthew Arnold
08/02/2000 06:46 PM
To: John Arnold/HOU/ECT@ECT, Tom Mcquade/HOU/ECT@ECT
cc:
Subject: wv love story
---------------------- Forwarded by Matthew Arnold/HOU/ECT on 08/02/2000
06:44 PM ---------------------------
Jonathon Pielop
07/31/2000 07:55 AM
To: Mo Bawa/HOU/ECT@ECT, Matthew Arnold/HOU/ECT@ECT, Brian
O'Rourke/HOU/ECT@ECT
cc:
Subject:
| ||
arnold-j/_sent_mail/287.
|
subject: wv love story
content: ---------------------- Forwarded by John Arnold/HOU/ECT on 08/03/2000 07:31
AM ---------------------------
Matthew Arnold
08/02/2000 06:46 PM
To: John Arnold/HOU/ECT@ECT, Tom Mcquade/HOU/ECT@ECT
cc:
Subject: wv love story
---------------------- Forwarded by Matthew Arnold/HOU/ECT on 08/02/2000
06:44 PM ---------------------------
Jonathon Pielop
07/31/2000 07:55 AM
To: Mo Bawa/HOU/ECT@ECT, Matthew Arnold/HOU/ECT@ECT, Brian
O'Rourke/HOU/ECT@ECT
cc:
Subject:
| ||
arnold-j/_sent_mail/288.
|
subject: wv love story
content: ---------------------- Forwarded by John Arnold/HOU/ECT on 08/03/2000 07:24
AM ---------------------------
Matthew Arnold
08/02/2000 06:46 PM
To: John Arnold/HOU/ECT@ECT, Tom Mcquade/HOU/ECT@ECT
cc:
Subject: wv love story
---------------------- Forwarded by Matthew Arnold/HOU/ECT on 08/02/2000
06:44 PM ---------------------------
Jonathon Pielop
07/31/2000 07:55 AM
To: Mo Bawa/HOU/ECT@ECT, Matthew Arnold/HOU/ECT@ECT, Brian
O'Rourke/HOU/ECT@ECT
cc:
Subject:
| ||
arnold-j/_sent_mail/289.
|
subject: wv love story
content: ---------------------- Forwarded by John Arnold/HOU/ECT on 08/03/2000 07:22
AM ---------------------------
Matthew Arnold
08/02/2000 06:46 PM
To: John Arnold/HOU/ECT@ECT, Tom Mcquade/HOU/ECT@ECT
cc:
Subject: wv love story
---------------------- Forwarded by Matthew Arnold/HOU/ECT on 08/02/2000
06:44 PM ---------------------------
Jonathon Pielop
07/31/2000 07:55 AM
To: Mo Bawa/HOU/ECT@ECT, Matthew Arnold/HOU/ECT@ECT, Brian
O'Rourke/HOU/ECT@ECT
cc:
Subject:
| ||
arnold-j/_sent_mail/29.
|
subject: Re:
content: who were you trying to bet on??
John J Lavorato@ENRON
11/26/2000 08:55 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Re:
That's cheap
| ||
arnold-j/_sent_mail/290.
|
subject: Re: Guest
content: That is fine...Just make sure you ensure the confidentiality of the floor is
not compromised. Do not let him see any EOL entry screens.
Thanks,
John
David P Dupre
08/02/2000 02:09 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Guest
I have a friend at Prudential Securities who is interested in visiting the
trading floors this week.
He is in my capacity (back office) at Pru.
Please let me know,
Thanks
David
3-3528
Steno: 275
| ||
arnold-j/_sent_mail/291.
|
subject: baby
content: ---------------------- Forwarded by John Arnold/HOU/ECT on 08/02/2000 10:46
AM ---------------------------
"Zerilli, Frank" <[email protected]> on 08/01/2000 02:58:03 PM
To: "Kelly, Joseph" <[email protected]>, "Marcotte, Tom"
<[email protected]>, "Lynch, Justin" <[email protected]>,
"Fioriello, John" <[email protected]>, "Dennis, Robert"
<[email protected]>, "Glynn,Kevin" <[email protected]>,
"Leo, Andre" <[email protected]>, "Sergides, Melissa"
<[email protected]>, "Bill Horton (E-mail)" <[email protected]>,
"Lew G. Williams (E-mail)" <[email protected]>, "Lew G. Williams
(E-mail 2)" <[email protected]>, "Christine Zerilli (E-mail)"
<[email protected]>, "Sharon C. Zerilli (E-mail)"
<[email protected]>, "Stacey & Dave Hoey (E-mail)" <[email protected]>,
"Jeannine & Rob Votruba (E-mail)" <[email protected]>, "Pat Creem
(E-mail)" <[email protected]>, "josh Faber (E-mail)"
<[email protected]>, "Jason D'alessandro (E-mail)" <[email protected]>,
"David D'alessandro (E-mail)" <[email protected]>, "Eric Carlstrom
(E-mail)" <[email protected]>, "Sean Jacobs (E-mail)"
<[email protected]>
cc: "'[email protected]'" <[email protected]>
Subject: baby
baby
- baby.mpg
| ||
arnold-j/_sent_mail/292.
|
subject: daily crude & nat gas charts and nat gas strip matrix 8/2
content: ---------------------- Forwarded by John Arnold/HOU/ECT on 08/02/2000 08:02
AM ---------------------------
[email protected] on 08/02/2000 06:41:29 AM
To: [email protected]
cc:
Subject: daily crude & nat gas charts and nat gas strip matrix 8/2
The information contained herein is based on sources that we believe to be
reliable, but we do not represent that it is accurate or complete. Nothing
contained herein should be considered as an offer to sell or a solicitation
of an offer to buy any financial instruments discussed herein. Any
opinions expressed herein are solely those of the author. As such, they
may differ in material respects from those of, or expressed or published by
on behalf of Carr Futures or its officers, directors, employees or
affiliates. , 2000 Carr Futures
The charts are now in the most recent version of Adobe Acrobat 4.0 and they
should print clearly from Adobe Acrobat Reader 3.0 or higher. Adobe Acrobat
Reader 4.0 may be downloaded for FREE from www.adobe.com.
Mike Heffner will be on vacation the rest of this week. No charts until
Monday.
(See attached file: Stripmatrix.pdf)(See attached file: ngas.pdf)(See
attached file: crude.pdf)
- Stripmatrix.pdf
- ngas.pdf
- crude.pdf
| ||
arnold-j/_sent_mail/293.
|
subject: Re: SCHEDULE - Stephen Bennett
content: ---------------------- Forwarded by John Arnold/HOU/ECT on 08/01/2000 03:34
PM ---------------------------
Kevin G Moore
08/01/2000 01:22 PM
To: Toni Graham/Corp/Enron@ENRONVince J Kaminski/HOU/ECT@ECT, Mike A
Roberts/HOU/ECT@ECT, Jose Marquez/Corp/Enron@ENRON, Shirley
Crenshaw/HOU/ECT@ECT, Jeffrey A Shankman/HOU/ECT@ECT, John
Arnold/HOU/ECT@ECT, Hunter S Shively/HOU/ECT@ECT, Barbara Lewis/HOU/ECT@ECT,
Kimberly Hillis/HOU/ECT@ectBETTY CONEWAY
cc:
Subject: Re: SCHEDULE - Stephen Bennett
Hello,
I have several changes.
Vince Kaminski 9:00-10:00 Conf.EB19C1
Toni Graham 10:00-11:00 Conf.EB32C2
Mike Roberts and Jose Marquez - Lunch
Mark Tawney 1:00-1:30 Conf.EB32C2
Grant Masson 1:45-2:10 Conf.EB19C1
Stinson Gibner 2:15-2:30 Conf.EB19C1
Maureen Raymond 2:30-2:45 Conf.EB19C1
Hunter Shively 3:00-3:15 EB3241
Jeff Shankman 3:15-3:30 EB3241
John Arnold 3:30-3:45 EB3241
Please call me at x34710 with any questions or new information.
Thanks
Kevin
Moore
| ||
arnold-j/_sent_mail/294.
|
subject:
content: fyi
jan red jan 32/33 with sep @392
| ||
arnold-j/_sent_mail/295.
|
subject:
content: Vlade:
I have not heard back from you. What is the schedule for changing the VAR
process?
Please reply,
John
| ||
arnold-j/_sent_mail/296.
|
subject:
content: fyi:
Jan Red Jan trading 28.5 with Sep @ 381
| ||
arnold-j/_sent_mail/297.
|
subject:
content: Hey:
What's the update on Larry May's VAR issues. Again, this is a priority as
we will lose Lavorato's VAR soon.
Thanks,
John
| ||
arnold-j/_sent_mail/298.
|
subject: Re: ALS Charity - It's Time to Collect
content: Liz:
Come by anytime...
Thanks,
John
Liz M Taylor
07/25/2000 05:22 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: ALS Charity - It's Time to Collect
John,
Thank you for sponsoring me for ALS (Lou Gehrig's disease). I need to turn
all funds in by Wednesday, July 26. Please make your check payable to
"MDA." (Cash is also accepted.) Call me when ready and I'll come collect or
send to EB2801e.
Many Thanks,
Liz Taylor x31935
EB2801e
John Arnold $100.00
| ||
arnold-j/_sent_mail/299.
|
subject: Re: FW: trading with Campbell
content: thanks
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Re: FW: trading with Campbell
FYI. I spoke with Steve. Seems like they have not been successful with plan
A, i.e. to get their investors to give them authority to trade OTC as well as
futures. They have moved on to plan B which is to take one of their domestic
funds (approx. $500mm under mgt) off the floor (futures only) and into OTC
trading. Still has the rating problem with Enron, but I am trying to get him
to arrange a conference call with their CFO so I can discuss ways around it.
He will try to do so this week. Mind you, I left it at this point the last
time I spoke with him a couple of months ago and it seemed to stall. I'll
keep chasing it. Per
John Arnold
07/07/2000 08:50 AM
To: Per Sekse/NY/ECT@ECT
cc:
Subject: Re: FW: trading
Per:
I've talked to him several times in the past. I told him that you would call
because of your experience with setting up funds. They have two main
problems. One is setting up their internal systems. Second, they have
credit problems with a BBB+.
Please call and introduce yourself.
Thanks,
john
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Re: FW: trading
John, did you answer him or should I respond? Per
John Arnold
06/26/2000 05:18 PM
To: Per Sekse/NY/ECT@ECT
cc:
Subject: FW: trading
---------------------- Forwarded by John Arnold/HOU/ECT on 06/26/2000 04:17
PM ---------------------------
Steve List <[email protected]> on 06/26/2000 12:32:02 PM
To: "'[email protected]'" <[email protected]>
cc:
Subject: FW: trading
> -----Original Message-----
> From: Steve List
> Sent: Monday, June 26, 2000 1:26 PM
> To: '[email protected]'
> Subject: trading
>
>
> John,
>
> I hope all is well down in Houston, though it would seem your baseball
> team is, well, terrible.
> We may be close to resolving our internal issues as our CEO indicated on
> Friday. We are awaiting some
> confirmation but it seems we are close. How is the credit standing for
> Enron?
> Is there a chance of upgrade or well, you can tell me the status.
>
> Thanks
>
> Steve List
| ||
arnold-j/_sent_mail/3.
|
subject:
content: remember when you said there is a reason they call them bear spreads?
bring up a chart of f/g or g/h.
f/g is tighter now than anytime since march 99 when ff1 was worth 2.50
amazing
| ||
arnold-j/_sent_mail/30.
|
subject: Re:
content: Oak -11 or Atl +11 ????
Bet voided
John J Lavorato@ENRON
11/23/2000 09:42 AM
To: John Arnold/HOU/ECT@ECT
cc:
Subject:
250 per
New England +6
Over 37 1/2 NE/DET
Minn -7 1/2
Buff +3 1/2
Miami +5 1/2
Phil +6 1/2
Clev +16
Chic +7
Oak +11
Jack +3 1/2
Den -3
KC -2
Giants/Ariz over 38
Current 3730
| ||
arnold-j/_sent_mail/300.
|
subject: Schedule Interview for Stephen Bennett
content: ---------------------- Forwarded by John Arnold/HOU/ECT on 07/24/2000 03:16
PM ---------------------------
Kevin G Moore
07/24/2000 01:09 PM
To: Vince J Kaminski/HOU/ECT@ECT, Mike A Roberts/HOU/ECT@ECT, Jose
Marquez/Corp/Enron@ENRON, Shirley Crenshaw/HOU/ECT@ECT, Jeffrey A
Shankman/HOU/ECT@ECT, John Arnold/HOU/ECT@ECT, Hunter S Shively/HOU/ECT@ECT,
Barbara Lewis/HOU/ECT@ECT, Kimberly Hillis/HOU/ECT@ect
cc:
Subject: Schedule Interview for Stephen Bennett
Friday , August 4,2000
Interview begins at 9:00 a.m.
9:00 a.m. Vince Kaminski - EB1962
10:00 a.m. John Lavarato - No Interview
11:15 a.m. Mike Roberts / Jose Marquez
(Luncheon Interview)
3:00 p.m. Hunter Shively - EB32C2
3: 15 p.m. Jeff Shankman - EB32C2
3:30 p.m. John Arnold - EB32C2
3:45 p.m. Toni Graham-
Itinerary and Resume will follow ......
Thanks
Kevin Moore
Please note: DO NOT OFFER Mr. Bennett a position without JOHN LAVARATO
APPROVAL
| ||
arnold-j/_sent_mail/301.
|
subject: Re: Stress Testing
content: Frank:
One of the most likely scenarios for a VAR blowout would be a severe cold
front hitting the country in the middle to latter part of the winter. In
such a circumstance, cash may separate from prompt futures similar to how
Midwest power traded $5000+ on specific days last year while prompt futures
were $200. The correlation between prompt and cash is normally very strong,
and is indicated by the small VAR associated with a spread position
currently. But in the winter that may change.
Another thing to keep in mind while developing this scenario is the
assymetric risk presented by having a spread position on. Assuming we enter
the winter with normal to below normal storage levels, a position of long
cash, short prompt futures has a long tail only on the positive p&l side.
While such a trade in an efficient market has expected payout of 0, the
payout probabilities may look like the following:
20% $ -.05
40% $ -.02
20% $ 0
19% $ .03
1% $ 1
Enron North America Corp.
From: Frank Hayden @ ENRON 07/20/2000 02:12 PM
To: Fletcher J Sturm/HOU/ECT@ECT, John Arnold/HOU/ECT@ECT
cc:
Subject: Stress Testing
RAC is working on developing some "canned" stress tests regarding VaR. For
example, one test could be called "hurricane", were the prompt month is
"stressed" on both price and vols, holding all other inputs constant.
Anyway, I would like to know of any likely/realistic stress scenarios you can
think of....
Let me know,
Frank
| ||
arnold-j/_sent_mail/302.
|
subject: Re: VaR Methodology Change
content: Vlady:
The plan looks good. Can you please attach a time schedule to the different
steps and send it back.
Thanks,
John
From: Vladimir Gorny 07/17/2000 07:30 PM
To: John J Lavorato/Corp/Enron@Enron, Ted Murphy/HOU/ECT@ECT, Vince J
Kaminski/HOU/ECT@ECT, John Arnold/HOU/ECT@ECT
cc:
Subject: VaR Methodology Change
Gentlemen,
Below is a plan of action for moving along with the VaR methodology change
related to forward-forward volatility:
1. Finalize the methodology proposed (Research/Market Risk)
- determine the time period used to calculated forward-forward vols vs.
correlations (20 days vs. 60 days)
- stabilize the calculation for curves and time periods where the curve does
not change based on historical prices, implying volatility of 0%
2. Get approval for the methodology change from Rick Buy (see draft of the
memo attached) - John Lavorato and John Sherriff
3. Develop and implement the new methodology in a stage environment
(Research/IT)
4. Test the new methodology (Market Risk, Traders)
5. Migrate into production (Research/IT)
Please let me know if this is reasonable and meets everyone's expectations.
Vlady.
| ||
arnold-j/_sent_mail/303.
|
subject: Re: FALL RECRUITING TEAM LISTINGS
content: VP
ENA
Nat Gas Trading
3-3230
Debbie Flores
07/18/2000 09:01 AM
To: James Armstrong/HOU/ECT@ECT, John Arnold/HOU/ECT@ECT
cc:
Subject: FALL RECRUITING TEAM LISTINGS
I am needing to update the following information for Beth Miertschin's Fall
Recruiting team listings.
Please forward me the following:
Title
Company
Business Unit/Function
Extension
Location
Your response is greatly appreciated.
Debbie Flores
Recruiting Coordinator
Analyst Program
| ||
arnold-j/_sent_mail/304.
|
subject: Re: Give Up Agreements: Banc One
content: Mary:
These agreements are acceptable. Please sign the give up agreements with
Banc One.
John
MARY COOK
07/19/2000 02:30 PM
To: John Arnold/HOU/ECT@ECT, Sarah Wesner/Corp/Enron@Enron
cc:
Subject: Give Up Agreements: Banc One
I have received the executed counterparts of the Give Up Agreements from Banc
One for our signature contemplating several executing brokers. It is my
understanding that trades were recently pulled from Banc One and therefore,
these agreements may not now be warranted. John, please advise me regarding
whether you will want to sign these agreements with Banc One or not. Thank
you. Mary Cook ENA Legal
| ||
arnold-j/_sent_mail/305.
|
subject:
content: Jeff:
In regards to the antitrust training, can you please schedule that at least
one of the sessions starts at 3:00 or later to ensure participation by all.
Thanks,
John
| ||
arnold-j/_sent_mail/306.
|
subject: Re: New Counterparty Transaction
content: Russell:
My risk group frequently uses the New Counterparty label for internal
counterparties that do not have a trading book. This transaction was a hedge
for the acquisition of the paper plant we announced recently. I'm not sure
who the internal group is that did the transaction. Dutch Quigley should be
able to help.
John.
From: Russell Diamond
07/19/2000 05:22 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: New Counterparty Transaction
John
A trade came across our morning report listed as a 'New Counterparty'. It
was about 17BCF Swap from Sep "00 - Aug '07. Can you give me some details
on the counterparty.
Thank you,
Russell
Credit
| ||
arnold-j/_sent_mail/307.
|
subject: Re:
content: Thanks.
Andy Zipper@ENRON
07/19/2000 08:27 AM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Re:
By the version of EOL do you mean the new version of stack manager ? If you
do, we should have finished testing by today. That means we will roll out
today or tomorrow, but Louise wants a more developed roll out plan, so that
might slow things down a bit. Not to make excuses, but we have had some
serious technical problems with the new release and have had to redesign
whole parts of the back end of the system. The problem is around how many
things can be linked to a single product and stack manager performance,
obviously a serious issue. It has taken us, obviously, a lot longer than we
thought to fix it. I think there are still some minor issues that we should
discuss, but they should not get in the way of release.
If you mean by new version, the phase II website version with sexy content,
we are scheduled (cum grano salis) to roll that out in mid august.
any questions please feel free to call.
-andy
| ||
arnold-j/_sent_mail/308.
|
subject:
content: Andy:
Is the new version of EOL coming out soon. I'm waiting to put new products
on until it comes...
John
| ||
arnold-j/_sent_mail/309.
|
subject: Re: "Strike Out" ALS
content: I think you're cheating trying to get a fixed amount.... I'll give $1 per
pin.
Good luck,
John
Liz M Taylor
07/17/2000 03:57 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Re: "Strike Out" ALS
John,
Please a flat amount. Don't hold me to pins. Everyone is giving a flat
amount. I'm NOT a bowler.
Liz
John Arnold
07/17/2000 03:56 PM
To: Liz M Taylor/HOU/ECT@ECT
cc:
Subject: Re: "Strike Out" ALS
Is it per game or point or what?
Liz M Taylor
07/17/2000 02:33 PM
To: John J Lavorato/Corp/Enron@Enron, Jeffrey A Shankman/HOU/ECT@ECT, Kevin M
Presto/HOU/ECT@ECT, Scott Neal/HOU/ECT@ECT, Gary Hickerson/HOU/ECT@ECT, John
Arnold/HOU/ECT@ECT, Stephen R Horn/HOU/ECT@ECT, Wes Colwell/HOU/ECT@ECT, Mark
E Haedicke/HOU/ECT@ECT, Paul Racicot/Enron Communications@Enron
Communications, Jean Mrha/NA/Enron@Enron
cc:
Subject: "Strike Out" ALS
Enron/MDA
Beach Bowl 2000
To Benefit ALS Research
I'm bowling to help "strike out" ALS (Lou Gehrig's disease). If you have not
sponsored someone else, I would very much like for you to sponsor me. The
event takes place on July 29. I will need all donations by July 26.
Any donation is greatly appreciated and matched by Enron.
Many Thanks,
Liz
| ||
arnold-j/_sent_mail/31.
|
subject:
content: adams 30 631
| ||
arnold-j/_sent_mail/310.
|
subject: Re: "Strike Out" ALS
content: Is it per game or point or what?
Liz M Taylor
07/17/2000 02:33 PM
To: John J Lavorato/Corp/Enron@Enron, Jeffrey A Shankman/HOU/ECT@ECT, Kevin M
Presto/HOU/ECT@ECT, Scott Neal/HOU/ECT@ECT, Gary Hickerson/HOU/ECT@ECT, John
Arnold/HOU/ECT@ECT, Stephen R Horn/HOU/ECT@ECT, Wes Colwell/HOU/ECT@ECT, Mark
E Haedicke/HOU/ECT@ECT, Paul Racicot/Enron Communications@Enron
Communications, Jean Mrha/NA/Enron@Enron
cc:
Subject: "Strike Out" ALS
Enron/MDA
Beach Bowl 2000
To Benefit ALS Research
I'm bowling to help "strike out" ALS (Lou Gehrig's disease). If you have not
sponsored someone else, I would very much like for you to sponsor me. The
event takes place on July 29. I will need all donations by July 26.
Any donation is greatly appreciated and matched by Enron.
Many Thanks,
Liz
| ||
arnold-j/_sent_mail/311.
|
subject:
content: Jim:
The list I gave you is a list of brokers that can clear through you, NOT
brokers that you clear exclusively. You do not clear any of my brokers
exclusively. All trades that clear through you will be done on discretionary
trade-by trade basis. You MUST have your floor personnel reverse everything
they they told my brokers this morning.
I am not happy.
John
| ||
arnold-j/_sent_mail/312.
|
subject:
content: Jim:
The following are the authorized floor brokers to accept trades from:
Man
Paribas
SDI
Refco
Carr
the old Fimat group (don't know what their name is now)
Flatt Futures
ABN
Thanks,
John
| ||
arnold-j/_sent_mail/313.
|
subject:
content: Frank:
The $5,000,000 extra VAR disappears in about a week. There MUST be a
band-aid to the term VAR curve before this expires. Again, the back of the
board is realizing 35-60% vol and it's being credited with 15% vol.
Thanks,
John
| ||
arnold-j/_sent_mail/314.
|
subject:
content: Hello:
A recent posting on the Enron bulletin board indicated that you are looking
for academic tutors. I may be available to help at nights in math. Can you
please respond with details about the program, how old the kids are, the
commitment required, etc.
Thanks,
John Arnold
| ||
arnold-j/_sent_mail/315.
|
subject: Re: Market Opinion about AGA's
content: Interesting observation...but I'm not sure I agree. I think consensus
opinion is that anything under 2.7 TCF is very dangerous entering the
winter. A month ago, analysts were predicting we would end the injection
season with around 2.6 - 2.7 in the ground. With the most recent AGA, those
projections seem to be closer to 2.7. With supply of gas very inelastic to
price in the short and medium term, you must look at the demand side of the
equation. The market is trying to price out the right amount of demand
(mostly through lost industrial load and fuel switching) such that supplies
will be stored rather than burned. Each AGA number is another data point as
to whether nat gas is high enough to price out enough demand to reach a
comfortable level in storage entering the winter. A low AGA number
indicates we haven't priced out enough demand and the market must go up.
Certainly, the 97 throws a curve in the bull argument, but the number may be
a function of very mild weather, a four day holiday weekend, and reporting
noise rather than indicative of a structural shift in the supply/demand
equilibrium. We'll know a lot more as the next two weeks' numbers come out.
If we get two low injections, watch out.
Enron North America Corp.
From: Frank Hayden @ ENRON 07/12/2000 04:39 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Market Opinion about AGA's
John,
I think the AGA's are not as important to bulls as to bears. In the
beginning of the season, AGA's were very important in framing the bull
case. The current expectation is that we will go into the winter under
stored. I don't believe any additional AGA news can significantly change
that expectation.
However, I believe Bears, as evidenced today, will feed more heavily off of
bearish AGA news, than bulls will off bullish AGA news.
At this juncture, I believe that the most potent bullish news has to come
from the physical market and weather.
I hope you don't mind me expressing my view point on this issue.
Thanks,
Frank
| ||
arnold-j/_sent_mail/316.
|
subject:
content: Frank:
Just following up on two topics.
One: Larry May's book continues to run at a VAR of 2,500,00 despite the fact
his P&L is never close to that. Can you check that his exotics book
positions are being picked up in his VAR calcs.
Second: Have you looked into applying a band-aid to the understating longer
term Vol problem until we change formulas?
John
| ||
arnold-j/_sent_mail/317.
|
subject: Re: Screen shots
content: Margaret:
As you can imagine, most information and procedures on the floor are
extremely confidential. We look at the gas market uniquely and using
different tools than anybody else. It is one of our competitive advantages.
I'm hesistant to approve the use of any documents for external purposes.
If you provide more information about what you're trying to show, who the
target audience is, and what format it will be presented, I may be able to
help you.
John
Margaret Allen@ENRON
07/13/2000 11:09 AM
To: Ann M Schmidt/Corp/Enron@ENRON, John Arnold/HOU/ECT@ECT
cc:
Subject: Screen shots
Did you get this? My computer registered that it didn't go....delete if you
already did.
---------------------- Forwarded by Margaret Allen/Corp/Enron on 07/13/2000
11:03 AM ---------------------------
Margaret Allen
07/13/2000 10:45 AM
To: Ann M Schmidt/Corp/Enron@ENRON, John Arnold/HOU/ECT@ECT
cc:
Subject: Screen shots
John,
Please look over this file and let me know if it is okay for us to use it as
the screen shot that is on all the monitors in the commercial. Please
include Ann on your response, as she will be passing it through legal since
I'm out of the office.
Ann,
Once he gets this back to you, please run it by Mark Taylor. If he is okay
with it, email the final version back to me, because the crew in Toyko needs
it ASAP.
Thanks! Margaret
---------------------- Forwarded by Margaret Allen/Corp/Enron on 07/13/2000
10:35 AM ---------------------------
From: Kal Shah @ ECT 07/13/2000 09:17 AM
To: Margaret Allen/Corp/Enron@ENRON
cc:
Subject: Screen shots
Margaret -- It's critical that you get John Arnold's permission before using
the attached spreadsheet and graphs. They contain curves through July 12th.
Also, you may want to get legal permission from Mark Taylor.
kal
---------------------- Forwarded by Kal Shah/HOU/ECT on 07/13/2000 09:12 AM
---------------------------
Heather Alon
07/13/2000 09:08 AM
To: Kal Shah/HOU/ECT@ECT
cc:
Subject: Screen shots
Hi Kal,
Here are some screen shots, let me know if they will work for you. I think
we may need to double check with John Arnold- the trader- before using them
for sure. But I was told they would be okay.
Heather
| ||
arnold-j/_sent_mail/318.
|
subject: Re: El Paso Energy Corporation Reports Record Second Quarter
content: Good job....I've got 10% of my portfolio in CGP. Keep up the good work.
"Cooper, Sean" <[email protected]> on 07/11/2000 08:03:41 PM
To:
cc:
Subject: El Paso Energy Corporation Reports Record Second Quarter Earnings
Per Share
http://biz.yahoo.com/prnews/000711/tx_el_paso_2.html
Tuesday July 11, 5:42 pm Eastern Time
Company Press Release
SOURCE: El Paso Energy Corporation
El Paso Energy Corporation Reports Record Second Quarter Earnings Per Share
HOUSTON, July 11 /PRNewswire/ -- El Paso Energy Corporation (NYSE: EPG
<http://finance.yahoo.com/q?s=epg&d=t> - news </n/e/epg.html>) today
announced second quarter 2000 adjusted diluted earnings per share of $0.69,
an increase of 73 percent over second quarter 1999 adjusted diluted earnings
per share of $0.40. The second quarter 2000 results exclude $0.13 per share
of one-time merger-related items. Diluted average common shares outstanding
for the second quarter 2000 totaled 242 million. Consolidated adjusted
earnings before interest expense and income taxes (EBIT) for the second
quarter increased by 55 percent to $408 million, compared with $263 million
in the year-ago period.
EBIT from the company's non-regulated businesses more than tripled in the
quarter to $246 million, and represented 60 percent of consolidated EBIT.
``Outstanding growth in Merchant Energy and continued strong performance in
our other non-regulated segments produced these record results,'' said
William A. Wise, president and chief executive officer of El Paso Energy
Corporation. ``Reflecting our long-standing strategy of building a portfolio
of flexible gas and power assets, Merchant Energy's earnings continued to
accelerate in the second quarter.''
For the first six months of 2000, adjusted diluted earnings per share
increased 84 percent to $1.40 per share, compared with $0.76 for the first
six months of 1999. Consolidated EBIT for the six months, excluding
non-recurring items, increased 55 percent to $798 million compared with $515
million in the year-ago period.
Second Quarter Business Segment Results
The Merchant Energy segment reported record EBIT of $152 million in the
second quarter 2000, compared with $6 million in the same period last year
and $50 million in the first quarter 2000. The physical and financial gas
and power portfolio developed over the past several years is creating
significant value in the current volatile energy environment. Enhanced
trading opportunities around our asset positions, continued strong wholesale
customer business, and management fees from Project Electron (the company's
off-balance sheet vehicle for power generation investments) all contributed
to the record second-quarter performance.
The Production segment reported a 30-percent increase in second quarter EBIT
to $52 million compared with $40 million a year ago, reflecting higher
realized gas and oil prices and lower operating costs following the
reorganization of its business in 1999. Weighted average realized prices for
the quarter were $2.26 per million cubic feet (MMcf) of natural gas and
$19.21 per barrel of oil, up 12 percent and 29 percent, respectively, from
the year-ago levels. Average natural gas production totaled 512 MMcf per day
and oil production averaged 14,275 barrels per day.
The Field Services segment reported second quarter EBIT of $30 million,
nearly double an adjusted $16 million in 1999. The increase was due
primarily to higher realized gathering and processing margins, together with
the acquisition of an interest in the Indian Basin processing plant in March
2000. Second quarter gathering and treating volumes averaged 4.1 trillion
Btu per day (TBtu/d), while processing volumes averaged 1.1 TBtu/d.
Coming out of one of the warmest winters on record, the Natural Gas
Transmission segment reported second quarter EBIT of $190 million compared
with an adjusted $187 million a year ago, reflecting the realization of cost
savings from the Sonat merger. Overall system throughput averaged 11.3
TBtu/d. During the quarter, Southern Natural Gas received Federal Energy
Regulatory Commission approval of its comprehensive rate case settlement
filed in March.
The International segment reported second quarter EBIT of $12 million
compared with $16 million in 1999. Higher equity income from projects in
Brazil and Argentina largely offset lower equity earnings from the company's
investment in the Philippines.
Telecom Update
``We have made substantial progress in the development of our
telecommunications business, El Paso Global Networks,'' said William A.
Wise. ``Reflecting our market-centric approach to developing new businesses,
we have named Greg G. Jenkins, the current president of El Paso Merchant
Energy, to head our telecommunications business. Our expertise in building
businesses in rapidly commoditizing markets, as demonstrated by our Merchant
Energy success, provides us with a key competitive entry point in the
telecommunications marketplace.''
Quarterly Dividend
The Board of Directors declared a quarterly dividend of $0.206 per share on
the company's outstanding common stock. The dividend will be payable October
2, 2000 to shareholders of record as of the close of business on September
1, 2000. There were 237,786,853 outstanding shares of common stock entitled
to receive dividends as of June 30, 2000.
With over $19 billion in assets, El Paso Energy Corporation provides
comprehensive energy solutions through its strategic business units:
Tennessee Gas Pipeline Company, El Paso Natural Gas Company, Southern
Natural Gas Company, El Paso Merchant Energy Company, El Paso Energy
International Company, El Paso Field Services Company, and El Paso
Production Company. The company owns North America's largest natural gas
pipeline system, both in terms of throughput and miles of pipeline, and has
operations in natural gas transmission, merchant energy services, power
generation, international project development, gas gathering and processing,
and gas and oil production. On May 5, the stockholders of both El Paso
Energy and The Coastal Corporation overwhelmingly voted in favor of merging
the two organizations. The combined company will have assets of $35 billion
and be one of the world's leading integrated energy companies. The merger is
expected to close in the fourth quarter of this year, concurrent with the
completion of regulatory reviews. Visit El Paso Energy's web site at
www.epenergy.com <http://www.epenergy.com>.
Cautionary Statement Regarding Forward-Looking Statements
This release includes forward-looking statements and projections, made in
reliance on the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. The company has made every reasonable effort to ensure
that the information and assumptions on which these statements and
projections are based are current, reasonable, and complete. However, a
variety of factors could cause actual results to differ materially from the
projections, anticipated results or other expectations expressed in this
release. While the company makes these statements and projections in good
faith, neither the company nor its management can guarantee that the
anticipated future results will be achieved. Reference should be made to the
company's (and its affiliates') Securities and Exchange Commission filings
for additional important factors that may affect actual results.
EL PASO ENERGY CORPORATION
CONSOLIDATED STATEMENT OF INCOME
(In Millions, Except per Share Amounts)
(UNAUDITED)
Second Quarter Ended Six Months Ended
June 30, June 30,
2000 1999 2000 1999
Operating revenues $4,227 $2,597 $7,333 $4,875
Operating expenses
Cost of gas and other products 3,451 1,949 5,829 3,590
Operation and maintenance 226 223 436 469
Merger related costs
and asset impairment charges 46 131 46 135
Ceiling test charges --- --- --- 352
Depreciation, depletion,
and amortization 148 141 293 289
Taxes, other than income taxes 36 36 77 76
3,907 2,480 6,681 4,911
Operating income (loss) 320 117 652 (36)
Equity earnings and other income 42 64 100 113
Earnings before interest expense,
income taxes, and other charges 362 181 752 77
Interest and debt expense 127 110 250 212
Minority interest 27 4 49 8
Income (loss) before income
taxes and other charges 208 67 453 (143)
Income tax expense (benefit) 68 23 142 (52)
Preferred stock dividends
of subsidiary 6 6 12 12
Income (loss) before extraordinary
items and cumulative effect
of accounting change 134 38 299 (103)
Extraordinary Items, net
of income taxes --- --- 89 ---
Cumulative effect of accounting
change, net of income taxes --- --- --- (13)
Net income (loss) $134 $38 $388 $(116)
Diluted earnings (loss)
per common share:
Adjusted diluted earnings
per common share (a) $0.69 $0.40 $1.40 $0.76
Extraordinary items --- --- 0.37 ---
Cumulative effect
of accounting change --- --- --- (0.06)
Merger related costs,
asset impairment, and other
non-recurring charges (0.13) (0.36) (0.13) (0.36)
Ceiling test charges --- --- --- (0.94)
Gain on sale of assets --- 0.05 --- 0.05
Resolution of regulatory issues --- 0.08 --- 0.08
Proforma diluted earnings (loss)
per common share $0.56 $0.17 $1.64
$(0.47)(b)
Reported diluted earnings (loss)
per common share $0.56 $0.17 $1.64
$(0.51)(b)
Basic average common shares
outstanding (000's) 229,539 226,877 229,064 226,471
Diluted average common shares
outstanding (000's) 241,710 237,955 240,117 237,161
(a) Adjusted diluted earnings per common share represents diluted
earnings
per share before the impact of certain non-recurring charges.
Second
quarter 2000 results exclude merger related charges of $(46) million
pretax, or $(31) million aftertax. Second quarter 1999 results
exclude merger related charges of $(131) million pretax, or
$(86) million aftertax, a gain on sale of assets of $19 million
pretax, or $12 million aftertax, and the resolution of regulatory
issues of $30 million pretax, or $20 million aftertax. Year-to-date
2000 results exclude the extraordinary gain on the sale of the East
Tennessee and Sea Robin systems of $89 million aftertax and merger
related charges of $(46) million pretax, or $(31) million aftertax.
Year-to-date 1999 results exclude the cumulative effect of an
accounting change of $(13) million aftertax, merger related charges
of
$(135) million pretax, or $(86) million aftertax, ceiling test
charges
of $(352) million pretax, or $(222) million aftertax, a gain on sale
of assets of $19 million pretax, or $12 million aftertax, and the
resolution of regulatory issues of $30 million pretax, or $19
million
aftertax.
(b) Proforma diluted loss per common share reflects reported diluted
earnings per share but assumes dilution. Reported diluted loss per
common share does not assume dilution because dilution would reduce
the amount of loss per share.
SOURCE: El Paso Energy Corporation
******************************************************************
This email and any files transmitted with it from El Paso
Energy Corporation are confidential and intended solely
for the use of the individual or entity to whom they are
addressed. If you have received this email in error
please notify the sender.
******************************************************************
| ||
arnold-j/_sent_mail/319.
|
subject:
content: Per:
Can you give the Campbell fund read-only access to EOL. It may speed up the
process if they see they can trade pre-market.
John
| ||
arnold-j/_sent_mail/32.
|
subject:
content: adams bot 1/2 6365
| ||
arnold-j/_sent_mail/320.
|
subject:
content: I spoke to Vlady this afternoon regarding the alternative VAR methodologies.
I think changing to a Riskmetrics historical VAR system is more defendable
and objective, will provide more consistent results, and will create more
realistic results. I understand Vince has a similar opinion.
John.
| ||
arnold-j/_sent_mail/321.
|
subject: Re:
content: 8 pm to 2 am
Gregory Carraway@ENRON
07/10/2000 04:32 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Re:
What time do the festivities begin?
| ||
arnold-j/_sent_mail/322.
|
subject: Re:
content: Greg's always on vacation. You need to teach him some work habits. Next
Tuesday will work.
John
Liz M Taylor
07/10/2000 02:57 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Re:
Hi John!
Greg and Mary are on vacation this week in Germany. May I put you on the
calendar for Tuesday of next week? Greg will travel to Philly on Monday.
Liz
John Arnold
07/10/2000 12:36 PM
To: Liz M Taylor/HOU/ECT@ECT
cc:
Subject:
Hey,
Can Greg fit me in for about 30 minutes tomorrow afternoon?
--- Your secret admirer
| ||
arnold-j/_sent_mail/323.
|
subject: Re:
content: I'll send 2 invites up. What's your location?
Gregory Carraway@ENRON
07/10/2000 02:36 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Re:
Thank you for the invitation. I would love to attend. I would like to invite
my wife, if that would be ok. Also, could you tell me where the Mercantile
bar is located? Thank you!!!
| ||
arnold-j/_sent_mail/324.
|
subject: Re: Forward-forward Vol
content: I'm free from 4:00-5:00 today
From: Vladimir Gorny 07/10/2000 02:14 PM
To: John Arnold/HOU/ECT@ECT
cc: Tanya Tamarchenko/HOU/ECT@ECT, Frank Hayden/Corp/Enron@Enron
Subject: Forward-forward Vol
John,
Per your and Jeff's request, Research and Market Risk Groups have conducted
an extensive analysis of the forward-forward vol methodology used in the
Value-at-Risk calculation.
We analyzed and compared two methodologies:
the existing methodology - based on forward (implied) vols
an alternative methodology - based on historical vols
I would like to schedule about 30 minutes to walk you through the pros and
cons of each methodology and get your input.
Vlady.
| ||
arnold-j/_sent_mail/325.
|
subject:
content: Hello,
Bill Perkins of Small Ventures USA is having a party this Saturday at the
Mercantile bar downtown. He has rented out the place, has a band, open
bar... usually pretty fun. He asked me to give both of you an invite in
appreciation of the work you've done for him. If you have interest, ccmail
me with whether you need one or two invites each.
John
| ||
arnold-j/_sent_mail/326.
|
subject:
content: Hey,
Can Greg fit me in for about 30 minutes tomorrow afternoon?
--- Your secret admirer
| ||
arnold-j/_sent_mail/327.
|
subject: Re: FW: trading
content: Per:
I've talked to him several times in the past. I told him that you would call
because of your experience with setting up funds. They have two main
problems. One is setting up their internal systems. Second, they have
credit problems with a BBB+.
Please call and introduce yourself.
Thanks,
john
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Re: FW: trading
John, did you answer him or should I respond? Per
John Arnold
06/26/2000 05:18 PM
To: Per Sekse/NY/ECT@ECT
cc:
Subject: FW: trading
---------------------- Forwarded by John Arnold/HOU/ECT on 06/26/2000 04:17
PM ---------------------------
Steve List <[email protected]> on 06/26/2000 12:32:02 PM
To: "'[email protected]'" <[email protected]>
cc:
Subject: FW: trading
> -----Original Message-----
> From: Steve List
> Sent: Monday, June 26, 2000 1:26 PM
> To: '[email protected]'
> Subject: trading
>
>
> John,
>
> I hope all is well down in Houston, though it would seem your baseball
> team is, well, terrible.
> We may be close to resolving our internal issues as our CEO indicated on
> Friday. We are awaiting some
> confirmation but it seems we are close. How is the credit standing for
> Enron?
> Is there a chance of upgrade or well, you can tell me the status.
>
> Thanks
>
> Steve List
| ||
arnold-j/_sent_mail/328.
|
subject:
content: world cup 2006 -- Germany
BOO!
| ||
arnold-j/_sent_mail/329.
|
subject:
content: Dinner tonite....birthday boy???
| ||
arnold-j/_sent_mail/33.
|
subject: Re: Not nice
content: Hey:
Hope you're enjoying the Holidays. I don't have your cell phone #, so call
me if you get bored this week. Sorry I didn't return your call Monday. I'll
be in the Big D. You can reach me on my cell or, better yet, at 972 934 3440.
Adios amigos:
John
| ||
arnold-j/_sent_mail/330.
|
subject:
content: Please top level the following P&L out of my book because the market settled
limit down.
End of day position Amount settle was off in my estimation Total amount
V0 -1700 -.035 595,000
X0 6400 -.025 -1,6000,000
Z0 -1450 -.020 290,000
F1 4750 -.015 -712,500
---------------
-1,427,500
| ||
arnold-j/_sent_mail/331.
|
subject: Re: options and other stuff
content: How about 4:00 ??
Andy Zipper@ENRON
06/30/2000 05:02 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Re: options and other stuff
Pick a time on Wednesday to come by and take a look at the Options manager.
Have a good 4th.
-andy
| ||
arnold-j/_sent_mail/332.
|
subject: Re: options and other stuff
content: Andy:
Sorry...I was on vacation last week and fell behind my email. Anytime you
want to talk is fine. I'll be around today if it works for you.
john
Andy Zipper@ENRON
06/16/2000 11:48 AM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: options and other stuff
john,
I'd like the chance to review some assumptions re: options manager ( yes, we
are still on schedule) with you as well as discuss some other issues related
to putting Enron's prices on other platforms. some time on monday would work
best for me. Let me know.
andy
| ||
arnold-j/_sent_mail/333.
|
subject: Re: FW: trading
content: Steve:
Good hearing from you. Hope all is going well. I gave your name to Per
Sekse in our New York office. He deals with a couple hedge funds we
currently do business with and has addressed some of the obstacles that we
face with other counterparties. He is on vacation this week but will call
next week. If you have any problems or concerns, feel free to call.
John
Steve List <[email protected]> on 06/26/2000 12:32:02 PM
To: "'[email protected]'" <[email protected]>
cc:
Subject: FW: trading
> -----Original Message-----
> From: Steve List
> Sent: Monday, June 26, 2000 1:26 PM
> To: '[email protected]'
> Subject: trading
>
>
> John,
>
> I hope all is well down in Houston, though it would seem your baseball
> team is, well, terrible.
> We may be close to resolving our internal issues as our CEO indicated on
> Friday. We are awaiting some
> confirmation but it seems we are close. How is the credit standing for
> Enron?
> Is there a chance of upgrade or well, you can tell me the status.
>
> Thanks
>
> Steve List
| ||
arnold-j/_sent_mail/334.
|
subject:
content: euro 2004 in portugal
|
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