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arnold-j/sent/382.
subject: Re: content: sec 222 row 2
arnold-j/sent/383.
subject: Re: content: ---------------------- Forwarded by John Arnold/HOU/ECT on 03/28/2000 10:49 AM --------------------------- Matthew Arnold 03/28/2000 06:35 AM To: John Arnold/HOU/ECT@ECT cc: Subject: Re: I'm in. John Arnold 03/27/2000 08:54 AM To: Matthew Arnold/HOU/ECT@ECT cc: Subject: lyle lovett national anthem nolan ryan first pitch dwight gooden first real pitch
arnold-j/sent/384.
subject: Re: content: 7:00 game can you let me know tomorrow??
arnold-j/sent/385.
subject: content: lyle lovett national anthem nolan ryan first pitch dwight gooden first real pitch
arnold-j/sent/386.
subject: content: Hello: I just wanted to arrange to meet for the Astros tickets. I work and live downtown. My cell phone number is 713-557-3330. Thanks, John
arnold-j/sent/387.
subject: Re: content: i just had the whole it staff up here. I just got two good tickets to Thursday's Astros/Yankees game
arnold-j/sent/388.
subject: content: hey: when are you back in town??
arnold-j/sent/389.
subject: content: Hey : Just wanted to see if you're doing anything tonight... Any interest in getting dinner? John
arnold-j/sent/39.
subject: Re: NY content: Hello: It is the Blue Men Group. Two friends highly recommend it. It's in the Astor Theatre on Lafayette in the Village. 43rd should be good. I think you woul dhave had more flavor in Harlem though "Jennifer White" <[email protected]> on 11/21/2000 01:54:16 PM To: [email protected] cc: Subject: NY I've been tasked with getting tickets to a show. Was it 'Blue Men Group' that you recommended we see? And Michelle lives on W43rd, so it's not as bad as you thought. ___________________________________________________________________ To get your own FREE ZDNet Onebox - FREE voicemail, email, and fax, all in one place - sign up today at http://www.zdnetonebox.com
arnold-j/sent/390.
subject: Re: Enron Online content: Please grant Steven Vu execution privileges on EOL John Arnold
arnold-j/sent/391.
subject: Re: EnronOnline Approval Access Request content: Pleas approve Tricia's request to become an authorized EOL trader
arnold-j/sent/392.
subject: Re: AOL Instant Messenger Confirmation (ziEbq0PbJo enronjda) content: ok
arnold-j/sent/393.
subject: Re: Defense content: maine impossible to get to .. next idea?
arnold-j/sent/394.
subject: RE: waiting content: maine impossible to get to...next option?
arnold-j/sent/395.
subject: Re: Natural gas update content: mark: what are your thoughts on crude and gasoline? "Mark Sagel" <[email protected]> on 05/13/2001 09:23:02 PM To: "John Arnold" <[email protected]> cc: Subject: Natural gas update Latest natural report - ng051301.doc
arnold-j/sent/396.
subject: Re: content: most bullish thing at this point is moving closer to everyone's psychological $4 price target and that everybody and their dog is still short. next sellers need to be from producer community. saw a little this week with williams hedging the barrett transaction but wouldnt say thats indicative of the rest of the e&p community. short covering rallies will get more common here. velocity of move down has slowed significantly for good (except maybe in bid week). my concern is if we go to $4 and people want to cover some shorts, who's selling it to them? might feel a lot like it did when we were trying to break $5.
arnold-j/sent/397.
subject: content: most bullish thing at this point is moving closer to everyone's psychological $4 price target and that everybody and their dog is still short. next sellers need to be from producer community. saw a little this week with williams hedging the barrett transaction but wouldnt say thats indicative of the rest of the e&p community. short covering rallies will get more common here. velocity of move down has slowed significantly for good (except maybe in bid week). my concern is if we go to $4 and people want to cover some shorts, who's selling it to them? might feel a lot like it did when we were trying to break $5.
arnold-j/sent/398.
subject: RE: waiting content: yea "Eva Pao" <[email protected]> on 05/13/2001 03:50:42 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: RE: waiting nevermind. are you at work? -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Sunday, May 13, 2001 5:42 PM To: [email protected] Subject: RE: waiting huh? "Eva Pao" <[email protected]> on 05/13/2001 03:32:22 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: RE: waiting No english? i got the math. -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Sunday, May 13, 2001 5:24 PM To: [email protected] Subject: RE: waiting probability * payout = 1 heads .5 0 = 0 tails 2 heads .25 1 = .25 tails 3 heads .125 2 = .25 tails 4 heads .0625 4 = .25 tails 5 heads .03125 8 = .25 "Eva Pao" <[email protected]> on 05/13/2001 03:23:47 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: RE: waiting which game is that? -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Sunday, May 13, 2001 5:16 PM To: [email protected] Subject: Re: waiting Expected value of game = 1/2 * 0 + 1/4 * 1 + 1/8 *2 + 1/16 *4 +1/32 * 8+.... = 0 +.25 +.25 +.25 +.25 +... = infinity "Eva Pao" <[email protected]> on 05/13/2001 03:11:46 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: waiting -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Sunday, May 13, 2001 4:37 PM To: [email protected] Subject: Re: Extra credit rules to a game: You flip a coin. If you get tails you win 0. if you get heads, i give you $1. Keep flipping until you get a tails, at which point you walk away with the money. however, each heads you get after the first you double your money. So if you flip heads 3 times and then tails, you get $4. What's you bid/offer on playing this game? (would you pay $.5 to play? $1? $2? what you charge me play against you?)
arnold-j/sent/399.
subject: content: most bullish thing at this point is moving closer to everyone's psychological $4 price target and that everybody and their dog is still short. next sellers need to be from producer community. saw a little this week with williams hedging the barrett transaction but wouldnt say thats indicative of the rest of the e&p community. short covering rallies will get more common here. velocity of move down has slowed significantly for good (except maybe in bid week). my concern is if we go to $4 and people want to cover some shorts, who's selling it to them? might feel a lot like it did when we were trying to break $5.
arnold-j/sent/4.
subject: Re: content: and they say it was purely coincidental the announcement came today. 6 is fine. "Jennifer White" <[email protected]> on 12/13/2000 01:18:41 PM To: [email protected] cc: Subject: Hmmm... interesting news at Enron today. Should I plan to come to your place around 6PM? ___________________________________________________________________ To get your own FREE ZDNet Onebox - FREE voicemail, email, and fax, all in one place - sign up today at http://www.zdnetonebox.com
arnold-j/sent/40.
subject: Re: ENSIDE Newsletter content: I'm always here so just coordinate with my assistant, Ina Rangle. Thanks, John Kathie Grabstald 11/20/2000 02:32 PM To: John Arnold/HOU/ECT@ECT cc: Subject: ENSIDE Newsletter Good Afternoon, John! Thanks for agreeing to be one of the Profile articles in the next issue of the ENSIDE. Michelle Vitrella assured me that you would be an interesting topic! Our newsletter is set for publication in February and I am setting my interview schedule now. I would love to sit down and visit with you for about 30 minutes in the early part of December. Please let me know a day and time that is convenient for you. I look forward to hearing from you! Kathie Grabstald ENA Public Relations x 3-9610
arnold-j/sent/400.
subject: RE: waiting content: huh? "Eva Pao" <[email protected]> on 05/13/2001 03:32:22 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: RE: waiting No english? i got the math. -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Sunday, May 13, 2001 5:24 PM To: [email protected] Subject: RE: waiting probability * payout = 1 heads .5 0 = 0 tails 2 heads .25 1 = .25 tails 3 heads .125 2 = .25 tails 4 heads .0625 4 = .25 tails 5 heads .03125 8 = .25 "Eva Pao" <[email protected]> on 05/13/2001 03:23:47 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: RE: waiting which game is that? -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Sunday, May 13, 2001 5:16 PM To: [email protected] Subject: Re: waiting Expected value of game = 1/2 * 0 + 1/4 * 1 + 1/8 *2 + 1/16 *4 +1/32 * 8+.... = 0 +.25 +.25 +.25 +.25 +... = infinity "Eva Pao" <[email protected]> on 05/13/2001 03:11:46 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: waiting -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Sunday, May 13, 2001 4:37 PM To: [email protected] Subject: Re: Extra credit rules to a game: You flip a coin. If you get tails you win 0. if you get heads, i give you $1. Keep flipping until you get a tails, at which point you walk away with the money. however, each heads you get after the first you double your money. So if you flip heads 3 times and then tails, you get $4. What's you bid/offer on playing this game? (would you pay $.5 to play? $1? $2? what you charge me play against you?)
arnold-j/sent/401.
subject: content: most bullish thing at this point is moving closer to everyone's psychological $4 price target and that everybody and their dog is still short. next sellers need to be from producer community. saw a little this week with williams hedging the barrett transaction but wouldnt say thats indicative of the rest of the e&p community. short covering rallies will get more common here. velocity of move down has slowed significantly for good (except maybe in bid week). my concern is if we go to $4 and people want to cover some shorts, who's selling it to them? might feel a lot like it did when we were trying to break $5.
arnold-j/sent/402.
subject: Re: Defense content: don't make me type the math on the computer pooks "Eva Pao" <[email protected]> on 05/13/2001 03:05:12 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: Defense What's your defense for you bid 0 for the company? Why was the info assymetry at 100%??? -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Sunday, May 13, 2001 4:54 PM To: [email protected] Subject: RE: Extra credit have you taken any finance courses yet? what's good?
arnold-j/sent/403.
subject: RE: waiting content: probability * payout = 1 heads .5 0 = 0 tails 2 heads .25 1 = .25 tails 3 heads .125 2 = .25 tails 4 heads .0625 4 = .25 tails 5 heads .03125 8 = .25 "Eva Pao" <[email protected]> on 05/13/2001 03:23:47 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: RE: waiting which game is that? -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Sunday, May 13, 2001 5:16 PM To: [email protected] Subject: Re: waiting Expected value of game = 1/2 * 0 + 1/4 * 1 + 1/8 *2 + 1/16 *4 +1/32 * 8+.... = 0 +.25 +.25 +.25 +.25 +... = infinity "Eva Pao" <[email protected]> on 05/13/2001 03:11:46 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: waiting -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Sunday, May 13, 2001 4:37 PM To: [email protected] Subject: Re: Extra credit rules to a game: You flip a coin. If you get tails you win 0. if you get heads, i give you $1. Keep flipping until you get a tails, at which point you walk away with the money. however, each heads you get after the first you double your money. So if you flip heads 3 times and then tails, you get $4. What's you bid/offer on playing this game? (would you pay $.5 to play? $1? $2? what you charge me play against you?)
arnold-j/sent/404.
subject: RE: Extra credit content: i think it's 100 "Eva Pao" <[email protected]> on 05/13/2001 03:01:23 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: RE: Extra credit fill in $ ____2_ per/share -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Sunday, May 13, 2001 4:54 PM To: [email protected] Subject: RE: Extra credit fill in $ _____ per/share "Eva Pao" <[email protected]> on 05/13/2001 02:39:23 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: RE: Extra credit what's my bid for what?? ps don't no crap me. -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Sunday, May 13, 2001 4:30 PM To: [email protected] Subject: Re: Extra credit no crap, what's your bid? "Eva Pao" <[email protected]> on 05/13/2001 12:48:23 AM Please respond to <[email protected]> To: <[email protected]> cc: Subject: Extra credit break even on info ass-symetry is 100%, any project above that level is profitable to Pooks&Co. -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Sunday, May 13, 2001 1:04 AM To: [email protected] Subject: RE: try this one... For extra credit.... If the company is worth 150% more under management A rather than 50% more, does your answer change? "Eva Pao" <[email protected]> on 05/11/2001 05:13:59 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: RE: try this one... will you do all of my homework? -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Friday, May 11, 2001 8:41 AM To: [email protected] Subject: Re: try this one... i'll pay a grand total of 0 "Eva Pao" <[email protected]> on 05/10/2001 05:15:59 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: try this one... Please read the following problem very carefully, and write in a number at the end. You should be ready to defend your answer. Only a number is allowed, not an algebraic equation. Acquiring a Company In the following exercise you will represent Company A (the acquirer), which is currently considering acquiring Company T (the target) by means of a tender offer. You plan to tender in cash for 100% of Company T's shares but are unsure how high a price to offer. The main complication is this: the value of Company T depends directly on the outcome of a major oil exploration project it is currently undertaking. Indeed, the very viability of Company T depends on the exploration outcome. If the project fails, the company under current management will be worth nothing--$0/share. But if the project succeeds, the value of the company under current management could be as high as $100/share. All share values between $0 and $100 are considered equally likely. By all estimates, the company will be worth considerably more in the hands of Company A than under current management. In fact, whatever the ultimate value under current management, the company will be worth fifty percent more under the management of A than under Company T. If the project fails, the company is worth $0/share under either management. If the exploration project generates a $50/share value under current management, the value under Company A is $75/share. Similarly, a $100/share value under Company T implies a $150/share value under Company A, and so on. The board of directors of Company A has asked you to determine the price they should offer for Company T's shares. This offer must be made now, before the outcome of the drilling project is known. From all indications, Company T would be happy to be acquired by Company A, provided it is at a profitable price. Moreover, Company T wishes to avoid, at all cost, the potential of a takeover bid by any other firm. You expect Company T to delay a decision on your bid until the results of the project are in, then accept or reject your offer before the news of the drilling results reaches the press. Thus, you (Company A) will not know the results of the exploration project when submitting your price offer, but Company T will know the results when deciding whether or not to accept your offer. In addition, Company T will accept any offer by Company A that is greater than the (per share) value of the company under current management. Thus, if you offer $50/share, for instance, Company T will accept if the value of the company to Company T is anything less than $50. As the representative of Company A, you are deliberating over price offers in the range of $0/share (this is tantamount to making no offer at all) to $150/share. What price offer per share would you tender for Company T's stock? $______ per/share
arnold-j/sent/405.
subject: Re: waiting content: Expected value of game = 1/2 * 0 + 1/4 * 1 + 1/8 *2 + 1/16 *4 +1/32 * 8+.... = 0 +.25 +.25 +.25 +.25 +... = infinity "Eva Pao" <[email protected]> on 05/13/2001 03:11:46 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: waiting -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Sunday, May 13, 2001 4:37 PM To: [email protected] Subject: Re: Extra credit rules to a game: You flip a coin. If you get tails you win 0. if you get heads, i give you $1. Keep flipping until you get a tails, at which point you walk away with the money. however, each heads you get after the first you double your money. So if you flip heads 3 times and then tails, you get $4. What's you bid/offer on playing this game? (would you pay $.5 to play? $1? $2? what you charge me play against you?)
arnold-j/sent/406.
subject: Re: Constellation content: i think its a jv with the trading side mostly staffed by goldman folks "Eva Pao" <[email protected]> on 05/13/2001 03:06:01 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: Constellation so, its a goldman co, but it also controls Duquesne and BGE? -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Sunday, May 13, 2001 4:58 PM To: [email protected] Subject: RE: Extra credit yes "Eva Pao" <[email protected]> on 05/13/2001 03:03:17 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: RE: Extra credit is constellation energy a goldman company? -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Sunday, May 13, 2001 4:55 PM To: [email protected] Subject: RE: Extra credit me thinks you missed a 9 "Eva Pao" <[email protected]> on 05/13/2001 02:58:28 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: RE: Extra credit 1.99999999999999999999999999999999999 -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Sunday, May 13, 2001 4:37 PM To: [email protected] Subject: Re: Extra credit rules to a game: You flip a coin. If you get tails you win 0. if you get heads, i give you $1. Keep flipping until you get a tails, at which point you walk away with the money. however, each heads you get after the first you double your money. So if you flip heads 3 times and then tails, you get $4. What's you bid/offer on playing this game? (would you pay $.5 to play? $1? $2? what you charge me play against you?)
arnold-j/sent/407.
subject: Re: am i right??? content: no "Eva Pao" <[email protected]> on 05/13/2001 03:02:45 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: am i right??? wait, of course i am. i always am. -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Sunday, May 13, 2001 4:55 PM To: [email protected] Subject: RE: Extra credit me thinks you missed a 9 "Eva Pao" <[email protected]> on 05/13/2001 02:58:28 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: RE: Extra credit 1.99999999999999999999999999999999999 -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Sunday, May 13, 2001 4:37 PM To: [email protected] Subject: Re: Extra credit rules to a game: You flip a coin. If you get tails you win 0. if you get heads, i give you $1. Keep flipping until you get a tails, at which point you walk away with the money. however, each heads you get after the first you double your money. So if you flip heads 3 times and then tails, you get $4. What's you bid/offer on playing this game? (would you pay $.5 to play? $1? $2? what you charge me play against you?)
arnold-j/sent/408.
subject: RE: Extra credit content: yes "Eva Pao" <[email protected]> on 05/13/2001 03:03:17 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: RE: Extra credit is constellation energy a goldman company? -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Sunday, May 13, 2001 4:55 PM To: [email protected] Subject: RE: Extra credit me thinks you missed a 9 "Eva Pao" <[email protected]> on 05/13/2001 02:58:28 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: RE: Extra credit 1.99999999999999999999999999999999999 -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Sunday, May 13, 2001 4:37 PM To: [email protected] Subject: Re: Extra credit rules to a game: You flip a coin. If you get tails you win 0. if you get heads, i give you $1. Keep flipping until you get a tails, at which point you walk away with the money. however, each heads you get after the first you double your money. So if you flip heads 3 times and then tails, you get $4. What's you bid/offer on playing this game? (would you pay $.5 to play? $1? $2? what you charge me play against you?)
arnold-j/sent/409.
subject: Re: 2 content: are you prepared to defend your answer? "Eva Pao" <[email protected]> on 05/13/2001 03:01:04 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: 2 -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Sunday, May 13, 2001 4:54 PM To: [email protected] Subject: RE: Extra credit and your offer? "Eva Pao" <[email protected]> on 05/13/2001 02:58:28 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: RE: Extra credit 1.99999999999999999999999999999999999 -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Sunday, May 13, 2001 4:37 PM To: [email protected] Subject: Re: Extra credit rules to a game: You flip a coin. If you get tails you win 0. if you get heads, i give you $1. Keep flipping until you get a tails, at which point you walk away with the money. however, each heads you get after the first you double your money. So if you flip heads 3 times and then tails, you get $4. What's you bid/offer on playing this game? (would you pay $.5 to play? $1? $2? what you charge me play against you?)
arnold-j/sent/41.
subject: Re: Cal02 content: isn't market making on electronic systems fun??? [email protected] on 11/20/2000 01:17:35 PM To: [email protected] cc: Subject: Cal02 I cant go take a pee w/o you sneaking up on me on ICE, ICE BABY.
arnold-j/sent/410.
subject: RE: Extra credit content: me thinks you missed a 9 "Eva Pao" <[email protected]> on 05/13/2001 02:58:28 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: RE: Extra credit 1.99999999999999999999999999999999999 -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Sunday, May 13, 2001 4:37 PM To: [email protected] Subject: Re: Extra credit rules to a game: You flip a coin. If you get tails you win 0. if you get heads, i give you $1. Keep flipping until you get a tails, at which point you walk away with the money. however, each heads you get after the first you double your money. So if you flip heads 3 times and then tails, you get $4. What's you bid/offer on playing this game? (would you pay $.5 to play? $1? $2? what you charge me play against you?)
arnold-j/sent/411.
subject: RE: Extra credit content: have you taken any finance courses yet? what's good?
arnold-j/sent/412.
subject: RE: Extra credit content: fill in $ _____ per/share "Eva Pao" <[email protected]> on 05/13/2001 02:39:23 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: RE: Extra credit what's my bid for what?? ps don't no crap me. -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Sunday, May 13, 2001 4:30 PM To: [email protected] Subject: Re: Extra credit no crap, what's your bid? "Eva Pao" <[email protected]> on 05/13/2001 12:48:23 AM Please respond to <[email protected]> To: <[email protected]> cc: Subject: Extra credit break even on info ass-symetry is 100%, any project above that level is profitable to Pooks&Co. -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Sunday, May 13, 2001 1:04 AM To: [email protected] Subject: RE: try this one... For extra credit.... If the company is worth 150% more under management A rather than 50% more, does your answer change? "Eva Pao" <[email protected]> on 05/11/2001 05:13:59 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: RE: try this one... will you do all of my homework? -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Friday, May 11, 2001 8:41 AM To: [email protected] Subject: Re: try this one... i'll pay a grand total of 0 "Eva Pao" <[email protected]> on 05/10/2001 05:15:59 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: try this one... Please read the following problem very carefully, and write in a number at the end. You should be ready to defend your answer. Only a number is allowed, not an algebraic equation. Acquiring a Company In the following exercise you will represent Company A (the acquirer), which is currently considering acquiring Company T (the target) by means of a tender offer. You plan to tender in cash for 100% of Company T's shares but are unsure how high a price to offer. The main complication is this: the value of Company T depends directly on the outcome of a major oil exploration project it is currently undertaking. Indeed, the very viability of Company T depends on the exploration outcome. If the project fails, the company under current management will be worth nothing--$0/share. But if the project succeeds, the value of the company under current management could be as high as $100/share. All share values between $0 and $100 are considered equally likely. By all estimates, the company will be worth considerably more in the hands of Company A than under current management. In fact, whatever the ultimate value under current management, the company will be worth fifty percent more under the management of A than under Company T. If the project fails, the company is worth $0/share under either management. If the exploration project generates a $50/share value under current management, the value under Company A is $75/share. Similarly, a $100/share value under Company T implies a $150/share value under Company A, and so on. The board of directors of Company A has asked you to determine the price they should offer for Company T's shares. This offer must be made now, before the outcome of the drilling project is known. From all indications, Company T would be happy to be acquired by Company A, provided it is at a profitable price. Moreover, Company T wishes to avoid, at all cost, the potential of a takeover bid by any other firm. You expect Company T to delay a decision on your bid until the results of the project are in, then accept or reject your offer before the news of the drilling results reaches the press. Thus, you (Company A) will not know the results of the exploration project when submitting your price offer, but Company T will know the results when deciding whether or not to accept your offer. In addition, Company T will accept any offer by Company A that is greater than the (per share) value of the company under current management. Thus, if you offer $50/share, for instance, Company T will accept if the value of the company to Company T is anything less than $50. As the representative of Company A, you are deliberating over price offers in the range of $0/share (this is tantamount to making no offer at all) to $150/share. What price offer per share would you tender for Company T's stock? $______ per/share
arnold-j/sent/413.
subject: RE: Extra credit content: and your offer? "Eva Pao" <[email protected]> on 05/13/2001 02:58:28 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: RE: Extra credit 1.99999999999999999999999999999999999 -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Sunday, May 13, 2001 4:37 PM To: [email protected] Subject: Re: Extra credit rules to a game: You flip a coin. If you get tails you win 0. if you get heads, i give you $1. Keep flipping until you get a tails, at which point you walk away with the money. however, each heads you get after the first you double your money. So if you flip heads 3 times and then tails, you get $4. What's you bid/offer on playing this game? (would you pay $.5 to play? $1? $2? what you charge me play against you?)
arnold-j/sent/414.
subject: Re: Extra credit content: rules to a game: You flip a coin. If you get tails you win 0. if you get heads, i give you $1. Keep flipping until you get a tails, at which point you walk away with the money. however, each heads you get after the first you double your money. So if you flip heads 3 times and then tails, you get $4. What's you bid/offer on playing this game? (would you pay $.5 to play? $1? $2? what you charge me play against you?)
arnold-j/sent/415.
subject: Re: Extra credit content: no crap, what's your bid? "Eva Pao" <[email protected]> on 05/13/2001 12:48:23 AM Please respond to <[email protected]> To: <[email protected]> cc: Subject: Extra credit break even on info ass-symetry is 100%, any project above that level is profitable to Pooks&Co. -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Sunday, May 13, 2001 1:04 AM To: [email protected] Subject: RE: try this one... For extra credit.... If the company is worth 150% more under management A rather than 50% more, does your answer change? "Eva Pao" <[email protected]> on 05/11/2001 05:13:59 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: RE: try this one... will you do all of my homework? -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Friday, May 11, 2001 8:41 AM To: [email protected] Subject: Re: try this one... i'll pay a grand total of 0 "Eva Pao" <[email protected]> on 05/10/2001 05:15:59 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: try this one... Please read the following problem very carefully, and write in a number at the end. You should be ready to defend your answer. Only a number is allowed, not an algebraic equation. Acquiring a Company In the following exercise you will represent Company A (the acquirer), which is currently considering acquiring Company T (the target) by means of a tender offer. You plan to tender in cash for 100% of Company T's shares but are unsure how high a price to offer. The main complication is this: the value of Company T depends directly on the outcome of a major oil exploration project it is currently undertaking. Indeed, the very viability of Company T depends on the exploration outcome. If the project fails, the company under current management will be worth nothing--$0/share. But if the project succeeds, the value of the company under current management could be as high as $100/share. All share values between $0 and $100 are considered equally likely. By all estimates, the company will be worth considerably more in the hands of Company A than under current management. In fact, whatever the ultimate value under current management, the company will be worth fifty percent more under the management of A than under Company T. If the project fails, the company is worth $0/share under either management. If the exploration project generates a $50/share value under current management, the value under Company A is $75/share. Similarly, a $100/share value under Company T implies a $150/share value under Company A, and so on. The board of directors of Company A has asked you to determine the price they should offer for Company T's shares. This offer must be made now, before the outcome of the drilling project is known. From all indications, Company T would be happy to be acquired by Company A, provided it is at a profitable price. Moreover, Company T wishes to avoid, at all cost, the potential of a takeover bid by any other firm. You expect Company T to delay a decision on your bid until the results of the project are in, then accept or reject your offer before the news of the drilling results reaches the press. Thus, you (Company A) will not know the results of the exploration project when submitting your price offer, but Company T will know the results when deciding whether or not to accept your offer. In addition, Company T will accept any offer by Company A that is greater than the (per share) value of the company under current management. Thus, if you offer $50/share, for instance, Company T will accept if the value of the company to Company T is anything less than $50. As the representative of Company A, you are deliberating over price offers in the range of $0/share (this is tantamount to making no offer at all) to $150/share. What price offer per share would you tender for Company T's stock? $______ per/share
arnold-j/sent/416.
subject: Re: content: i need significant lead time to prepare for boots day. please advise earlier next time. From: Margaret Allen@ENRON on 05/11/2001 06:09 PM To: John Arnold/HOU/ECT@ECT cc: Subject: Re: I'll be here until tomorrow afternoon, then off to Waco to see my mom. I just got back to my desk after being in meetings all day. Who knows how long I'll be here tonight and I have a shit load of work to do tomorrow. Why do I work here again? What's up with you? I bought some guest to your floor today but you weren't around. And I have on boots with curly hair. Take care, MSA Oh, let's chat about Guggenheim next week. Are you going on the 17th too? John Arnold@ECT 05/11/2001 11:58 AM To: Margaret Allen/Corp/Enron@ENRON cc: Subject: you in town this weekend?
arnold-j/sent/418.
subject: content: Kim: I will not be at the may 18 management mtg as I will be in NY on business.
arnold-j/sent/419.
subject: Re: myrtle beach content: Appreciate the offer but I won't be able to get out of work, "Piasio, Stephen [FI]" <[email protected]> on 05/10/2001 11:23:18 AM To: "'[email protected]'" <[email protected]> cc: Subject: myrtle beach do you or any one of your colleagues at the mighty Enron want to join us at our annual golf outing in Myrtle Beach. You pay the air, we've got the rest. Only 4 rules: no cologne no top button buttoned on the golf shirt not permitted to break 100 no cameras reminder: Friday June 1 2 rounds Saturday, June 2 1 round/poolside Sunday, June 3 1 round Enron has an open invite. Please let me know.
arnold-j/sent/42.
subject: content: best GUESS P&L tonight is +7
arnold-j/sent/420.
subject: RE: try this one... content: For extra credit.... If the company is worth 150% more under management A rather than 50% more, does your answer change? "Eva Pao" <[email protected]> on 05/11/2001 05:13:59 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: RE: try this one... will you do all of my homework? -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Friday, May 11, 2001 8:41 AM To: [email protected] Subject: Re: try this one... i'll pay a grand total of 0 "Eva Pao" <[email protected]> on 05/10/2001 05:15:59 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: try this one... Please read the following problem very carefully, and write in a number at the end. You should be ready to defend your answer. Only a number is allowed, not an algebraic equation. Acquiring a Company In the following exercise you will represent Company A (the acquirer), which is currently considering acquiring Company T (the target) by means of a tender offer. You plan to tender in cash for 100% of Company T's shares but are unsure how high a price to offer. The main complication is this: the value of Company T depends directly on the outcome of a major oil exploration project it is currently undertaking. Indeed, the very viability of Company T depends on the exploration outcome. If the project fails, the company under current management will be worth nothing--$0/share. But if the project succeeds, the value of the company under current management could be as high as $100/share. All share values between $0 and $100 are considered equally likely. By all estimates, the company will be worth considerably more in the hands of Company A than under current management. In fact, whatever the ultimate value under current management, the company will be worth fifty percent more under the management of A than under Company T. If the project fails, the company is worth $0/share under either management. If the exploration project generates a $50/share value under current management, the value under Company A is $75/share. Similarly, a $100/share value under Company T implies a $150/share value under Company A, and so on. The board of directors of Company A has asked you to determine the price they should offer for Company T's shares. This offer must be made now, before the outcome of the drilling project is known. From all indications, Company T would be happy to be acquired by Company A, provided it is at a profitable price. Moreover, Company T wishes to avoid, at all cost, the potential of a takeover bid by any other firm. You expect Company T to delay a decision on your bid until the results of the project are in, then accept or reject your offer before the news of the drilling results reaches the press. Thus, you (Company A) will not know the results of the exploration project when submitting your price offer, but Company T will know the results when deciding whether or not to accept your offer. In addition, Company T will accept any offer by Company A that is greater than the (per share) value of the company under current management. Thus, if you offer $50/share, for instance, Company T will accept if the value of the company to Company T is anything less than $50. As the representative of Company A, you are deliberating over price offers in the range of $0/share (this is tantamount to making no offer at all) to $150/share. What price offer per share would you tender for Company T's stock? $______ per/share
arnold-j/sent/421.
subject: RE: in content: you dont like my ideas "Eva Pao" <[email protected]> on 05/09/2001 05:06:50 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: RE: in i'll call -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Sunday, April 29, 2001 8:15 PM To: [email protected] Subject: pookie: check this out: www.sailmainecoast.com/index.html
arnold-j/sent/422.
subject: content: you in town this weekend?
arnold-j/sent/423.
subject: PG&E Energy Trading content: ---------------------- Forwarded by John Arnold/HOU/ECT on 05/11/2001 11:53 AM --------------------------- From: Jason R Williams/ENRON@enronXgate on 05/11/2001 10:50 AM To: Phillip K Allen/HOU/ECT@ECT, Scott Neal/HOU/ECT@ECT, Hunter S Shively/ENRON@enronXgate, Thomas A Martin/ENRON@enronXgate, John Arnold/HOU/ECT@ECT cc: William S Bradford/ENRON@enronXgate, Tanya Rohauer/ENRON@enronXgate, Russell Diamond/ENRON@enronXgate Subject: PG&E Energy Trading Phillip, Scott, Hunter, Tom and John - Just to reiterate the new trading guidelines on PG&E Energy Trading: 1. Both financial and physical trading are approved, with a maximum tenor of 18 months 2. Approved entities are: PG&E Energy Trading - Gas Corporation PG&E Energy Trading - Canada Corporation NO OTHER PG&E ENTITIES ARE APPROVED FOR TRADING 3. Both EOL and OTC transactions are OK 4. Please call Credit (ext. 31803) with details on every OTC transaction. We need to track all new positions with PG&E Energy Trading on an ongoing basis. Please ask the traders and originators on your desks to notify us with the details on any new transactions immediately upon execution. For large transactions (greater than 2 contracts/day or 5 BCF total), please call for approval before transacting. Thanks for your assistance; please call me (ext. 53923) or Russell Diamond (ext. 57095) if you have any questions. Jay
arnold-j/sent/424.
subject: Re: Question? content: yes Ina Rangel 05/10/2001 05:47 PM To: John Arnold/HOU/ECT@ECT cc: Subject: Question? John, Do you think we need to see about sending an IT Tech for you and Maggi on Friday to make sure everything is working okay? If we do, we would have to pay for their travel expenses. It would be beneficial to you instead of having to be on the phone with IT for any problems. Let me know. -Ina
arnold-j/sent/425.
subject: Re: try this one... content: i'll pay a grand total of 0 "Eva Pao" <[email protected]> on 05/10/2001 05:15:59 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: try this one... Please read the following problem very carefully, and write in a number at the end. You should be ready to defend your answer. Only a number is allowed, not an algebraic equation. Acquiring a Company In the following exercise you will represent Company A (the acquirer), which is currently considering acquiring Company T (the target) by means of a tender offer. You plan to tender in cash for 100% of Company T's shares but are unsure how high a price to offer. The main complication is this: the value of Company T depends directly on the outcome of a major oil exploration project it is currently undertaking. Indeed, the very viability of Company T depends on the exploration outcome. If the project fails, the company under current management will be worth nothing--$0/share. But if the project succeeds, the value of the company under current management could be as high as $100/share. All share values between $0 and $100 are considered equally likely. By all estimates, the company will be worth considerably more in the hands of Company A than under current management. In fact, whatever the ultimate value under current management, the company will be worth fifty percent more under the management of A than under Company T. If the project fails, the company is worth $0/share under either management. If the exploration project generates a $50/share value under current management, the value under Company A is $75/share. Similarly, a $100/share value under Company T implies a $150/share value under Company A, and so on. The board of directors of Company A has asked you to determine the price they should offer for Company T's shares. This offer must be made now, before the outcome of the drilling project is known. From all indications, Company T would be happy to be acquired by Company A, provided it is at a profitable price. Moreover, Company T wishes to avoid, at all cost, the potential of a takeover bid by any other firm. You expect Company T to delay a decision on your bid until the results of the project are in, then accept or reject your offer before the news of the drilling results reaches the press. Thus, you (Company A) will not know the results of the exploration project when submitting your price offer, but Company T will know the results when deciding whether or not to accept your offer. In addition, Company T will accept any offer by Company A that is greater than the (per share) value of the company under current management. Thus, if you offer $50/share, for instance, Company T will accept if the value of the company to Company T is anything less than $50. As the representative of Company A, you are deliberating over price offers in the range of $0/share (this is tantamount to making no offer at all) to $150/share. What price offer per share would you tender for Company T's stock? $______ per/share
arnold-j/sent/426.
subject: RE: in content: newport?? "Eva Pao" <[email protected]> on 05/09/2001 05:06:50 PM Please respond to <[email protected]> To: <[email protected]> cc: Subject: RE: in i'll call -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Sunday, April 29, 2001 8:15 PM To: [email protected] Subject: pookie: check this out: www.sailmainecoast.com/index.html
arnold-j/sent/427.
subject: Re: eBay End of Auction - Item # 1236142249 (DAVE MATTHEWS TICKETS content: 199.99+ $18 o/n shipping = 217.99 Visa 4128 0033 2341 1978 exp 8/02 shipping and billing address : John Arnold 909 Texas Ave #1812 Houston, TX 77002 713-557-3330 [email protected] on 05/10/2001 01:20:57 AM To: <[email protected]> cc: Subject: Re: eBay End of Auction - Item # 1236142249 (DAVE MATTHEWS TICKETS HOUSTON 4TH ROW 5/12) Pay Patrick Kenne, [email protected], at paypal.com or bidpay.com, bid plus $12 for Fed-Ex Saver, or $18 for Fed-Ex overnight shipping. Put shipping info in note section. If you want Fed-Ex c.o.d., get a money order for bid plus $25 to Paula Fowler ready to give to fed-ex and e-mail me your shipping address. If you want to use paypal, add 1% to total, they charge me 2.3% now!! If you are sending a money order, send to Patrick Kenne 2879 Timber Range Court Columbus, Ohio 43231. Please include auction # and all shipping info. Thanks, Pat 614-891-9707
arnold-j/sent/428.
subject: Option Advisory Committee Meeting May 31 content: ---------------------- Forwarded by John Arnold/HOU/ECT on 05/10/2001 02:21 PM --------------------------- "Schaefer, Matthew" <[email protected]> on 05/10/2001 01:26:57 PM To: Brad Banky <[email protected]>, David Rosenberg <[email protected]>, James Haupt <[email protected]>, Jeff Frase <[email protected]>, Jeff Ong <[email protected]>, Jim Adams <[email protected]>, John Arnold <[email protected]>, Kayvan Scott Malek <[email protected]>, Michael Maggi <[email protected]>, Robert Collins <[email protected]>, Russ Knutsen <[email protected]>, Sanjiv Khosla <[email protected]>, William Coorsh <[email protected]> cc: Subject: Option Advisory Committee Meeting May 31 Please be advised that the Option Advisory Committee meeting will be at 4:00 eastern time, May 31, 2001. Matthew Schaefer New York Mercantile Exchange 212.299.2612
arnold-j/sent/43.
subject: Re: content: get lost
arnold-j/sent/430.
subject: (01-154) Implementation of New NYMEX Rule 9.11A (Give-Up Trades) content: ---------------------- Forwarded by John Arnold/HOU/ECT on 05/10/2001 08:18 AM --------------------------- [email protected] on 05/10/2001 07:50:19 AM To: [email protected] cc: Subject: (01-154) Implementation of New NYMEX Rule 9.11A (Give-Up Trades) IMPORTANT MEMO Notice # 01-154 May 7, 2001 TO: All NYMEX Division Members and Member Firms FROM: Neal L. Wolkoff, Executive Vice President RE: Implementation of New NYMEX Rule 9.11A ("Give-Up Trades") DATE: May 7, 2001 =========================================================== Please be advised that beginning on the trade date of Friday, June 1, 2001, new NYMEX Rule 9.11A ("Give-Up Trades") will go into effect. ! In the absence of an applicable give-up agreement, new Rule 9.11A will define the respective responsibilities/obligations to an order of executing brokers, customers and Clearing Members. ! The term "executing broker" as used in Rule 9.11A refers to the registered billing entity, Member Firm or Floor Broker to whom the order is transmitted. ! Rule 9.11 will provide that, in the absence of an applicable give-up agreement, a Clearing Member may reject a trade only if: (1) the trade exceeds trading limits established by the Clearing Member for that customer that have been communicated to the executing broker as provided by the rule or (2) the trade is an error for which the executing broker is responsible. ! The new rule also places affirmative obligations on executing brokers to confirm Clearing Member authorization for an account. For example, prior to an executing broker accepting and executing an initial order for any new customer account, such executing broker must confirm with the Clearing Member by telephonic, electronic or written means, that: (a) the customer has a valid account with the Clearing Member; (b) the account number; (c) the brokerage rate; (d) the customer is authorized by the Clearing Member to place orders with the executing broker for that account; and (e) a listing or summary of persons authorized to place orders for that account. Moreover, the executing broker must retain a copy of the authorization or the specifics of the telephonic confirmation, which includes: opposite party, date, time, and any other relevant information. The Compliance Department will conduct periodic audits of such records, and falsification of such information shall be the basis for disciplinary action. If you have any questions concerning this new rule, please contact Bernard Purta, Senior Vice President, Regulatory Affairs and Operations, at (212) 299- 2380; Thomas LaSala, Vice President, NYMEX Compliance Department, at (212) 299-2897; or Arthur McCoy, Vice President, Financial Surveillance Section, NYMEX Compliance Department, at (212) 299-2928, NEW RULE 9.11A ("Give-Up Trades") (Entire rule is new.) Rule 9.11A Give-Up Trades In the absence of a give-up agreement whose terms and conditions govern the responsibilities/obligations of executing brokers, customers and Clearing Members, the following rules shall define the respective responsibilities/obligations of those parties to an order. The "executing broker", as used in this rule, is the registered billing entity, Member Firm or Floor Broker to whom the order is transmitted. (A) Responsibilities/Obligations of Clearing Members (1). Limits Placed by Clearing Member. A Clearing Member may, in its discretion, place trading limits on the trades it will accept for give-up for a customer's account from an executing broker, provided however, that the executing broker receives prior written or electronic notice from the Clearing Member of the trading limits on that account. Notice must be received by the executing broker in a timely manner. A copy of such notice shall be retained by the Clearing Member. (2). Trade Rejection. A Clearing Member may reject ("DK") a trade only if: (1) the trade exceeds the trading limits established under Section I(A) of this rule for that customer and it has been communicated to the executing broker as described in Subsection (A); or (2) the trade is an error for which the executing broker is responsible. If a Clearing Member has a basis for rejecting a trade, and chooses to do so in accordance with the provisions of Rule 2.21(B), it must notify the executing broker promptly. (3). Billing. A Clearing Member will pay all floor brokerage fees incurred for all transactions executed by the executing broker for the customer and subsequently accepted by the Clearing Member by means of the ATOM system. Floor brokerage fees will be agreed upon in advance among the Clearing Member, customer and the executing broker. (B) Responsibilities/Obligations of Executing Brokers (1) Customer Order Placement. An executing broker will be responsible for determining that all orders are placed or authorized by the customer. Once an order has been accepted, a broker or the broker's clerk must: (a) confirm the terms of the order with the customer; (b) accurately execute the order according to its terms; (c) confirm the execution of the order to the customer as soon as practicable; and (d) transmit such executed order to the Clearing Member as soon as practicable in accordance with Exchange Rules and procedures. 2. Use of Other Persons. Unless otherwise agreed in writing, the executing broker is allowed to use the services of another broker in connection with the broker's obligations under these rules. The executing broker remains responsible to the customer and Clearing Member under these rules. 3. Executing Broker Responsibility for Verifying Clearing Member Authorization. Prior to a broker accepting and executing an initial order for any new customer account, the executing broker must confirm with the Clearing Member by telephonic, electronic or written means, that: (f) the customer has a valid account with the Clearing Member; (g) the account number; (h) the brokerage rate; (i) the customer is authorized by the Clearing Member to place orders with the executing broker for that account; and (j) a listing or summary of persons authorized to place orders for that account. The executing broker must retain a copy of the authorization or the specifics of the telephonic confirmation, which includes: opposite party, date, time, and any other relevant information. The falsification of such information shall be the basis for disciplinary action. 4. Rejection of Customer Order. Where an executing broker has confirmed Clearing Member authorization to execute orders on behalf of a customer in accordance with this Rule 9.11A, the broker may, in the broker's discretion, reject an order that the customer transmits to the broker for execution. The broker shall promptly notify the customer and the Clearing Member(s) of any such rejection. Carr Futures 150 S. Wacker Dr., Suite 1500 Chicago, IL 60606 USA Tel: 312-368-6149 Fax: 312-368-2281 [email protected] http://www.carrfut.com
arnold-j/sent/431.
subject: FW: details for long term flat price swap on Nat Gas Houston Ship content: Russell: Just fyi, they're willing to take us for 20 years. ---------------------- Forwarded by John Arnold/HOU/ECT on 05/10/2001 08:17 AM --------------------------- From: Eric Bass/ENRON@enronXgate on 05/10/2001 07:42 AM To: John Arnold/HOU/ECT@ECT cc: Subject: FW: details for long term flat price swap on Nat Gas Houston Ship Channel Inside FERC John, Attached are the volumes associated with the 20 yr Soc Gen deal we talked about. I have yet to hear from credit. I will let you know the status as it becomes available. Eric -----Original Message----- From: [email protected]@ENRON [mailto:IMCEANOTES-Alexander+2EWERNER+40us+2Esocgen+2Ecom+40ENRON@ENRON.com] Sent: Thursday, May 10, 2001 7:34 AM To: Bass, Eric Subject: details for long term flat price swap on Nat Gas Houston Ship Channel Inside FERC Hi Eric, Please find below the detailed terms of a possible deal that we have been talking about during our phone conversation this morning. Nature of deal : If the transaction takes place, Societe Generale would sell a financial fixed price swap (flat price, not basis differential) to Enron. The monthly settlement would be financial. There would not be any exchange of physical product. Period of the deal : June 1st, 2001 to January 31st, 2021. Used Reference : Natural Gas-Houston Ship Channel Index Inside FERC , monthly settlement. Volumes of the financial swap transaction : Please find below the volumes given month by month in MMBTU. (See attached file: volumes-10-5-01-for-Enron.xls) Since there is a tiny chance that the deal trades today, could you please check if you have credit with SG for this period. If not, could you find out how much time it approximately takes to get the credit. In terms of credit, SG is good with Enron for this period. Thank you, Alexander Werner ************************************************************************** The information contained herein is confidential and is intended solely for the addressee(s). It shall not be construed as a recommendation to buy or sell any security. Any unauthorized access, use, reproduction, disclosure or dissemination is prohibited. Neither SOCIETE GENERALE nor any of its subsidiaries or affiliates shall assume any legal liability or responsibility for any incorrect, misleading or altered information contained herein. ************************************************************************** ************************************************************************** The information contained herein is confidential and is intended solely for the addressee(s). It shall not be construed as a recommendation to buy or sell any security. Any unauthorized access, use, reproduction, disclosure or dissemination is prohibited. Neither SOCIETE GENERALE nor any of its subsidiaries or affiliates shall assume any legal liability or responsibility for any incorrect, misleading or altered information contained herein. ************************************************************************** - volumes-10-5-01-for-Enron.xls
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subject: Re: reminder -pira dinner sund may 13 th 7.45 pm st regis content: i think the velocity of the down move will be much less severe from here. still dont think this is equilibrium. need to see aga coming in lower than expectations for a couple weeks signaling that we've moved down the demand curve. think a lot of spec shorts are looking to take profits as we get close to the psychological 400 target. market needs producer selling to get us through there. have seen some as williams is starting to hedge barrett : hence the weakness in the back of the curve recently. still going lower but it will be a tougher move from here. From: Jennifer Fraser/ENRON@enronXgate on 05/09/2001 02:12 PM To: John Arnold/HOU/ECT@ECT cc: Subject: reminder -pira dinner sund may 13 th 7.45 pm st regis what do you think now? see you sunday
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subject: RE: content: maybe they're for more sophisticated palates From: Kim Ward/ENRON@enronXgate on 05/09/2001 02:27 PM To: John Arnold/HOU/ECT@ECT cc: Subject: RE: I pawned them off on my unsuspecting coworker - Phil. He liked them!! -----Original Message----- From: Arnold, John Sent: Wednesday, May 09, 2001 2:27 PM To: Ward, Kim S. Subject: Re: it's an aquired taste From: Kim Ward/ENRON@enronXgate on 05/09/2001 02:25 PM To: John Arnold/HOU/ECT@ECT cc: Subject: those things are TERRIBLE!!!!
arnold-j/sent/434.
subject: Re: content: Hot like wasabi when I bust rhymes Big like Leann Rimes Because I'm all about value
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subject: Re: content: it's an aquired taste From: Kim Ward/ENRON@enronXgate on 05/09/2001 02:25 PM To: John Arnold/HOU/ECT@ECT cc: Subject: those things are TERRIBLE!!!!
arnold-j/sent/436.
subject: content: i couldnt do it. it took 13 minutes for my alarm to wake me up.
arnold-j/sent/437.
subject: gas message board access content: is there a password or just knowing the address ---------------------- Forwarded by John Arnold/HOU/ECT on 05/08/2001 05:08 PM --------------------------- From: Alex Mcleish/ENRON@enronXgate on 05/08/2001 10:40 AM To: John Arnold/HOU/ECT@ECT cc: Subject: gas message board access John, is access to the board on a password basis now? If so, when you get a chance could you authorise access for myself and Andew Hill (a colleague in crude fundamentals) please? A similar board for crude and products should be ready within a couple of weeks. Thanks Alex
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subject: RE: content: i'm just kidding. i'm getting a haircut from 530-600. i'll call you when i get out. From: Kim Ward/ENRON@enronXgate on 05/08/2001 04:49 PM To: John Arnold/HOU/ECT@ECT cc: Subject: RE: I guess that's fair - considering the deal you worked out with Dean. -----Original Message----- From: Arnold, John Sent: Tuesday, May 08, 2001 4:48 PM To: Ward, Kim S. Subject: RE: you i guess. From: Kim Ward/ENRON@enronXgate on 05/08/2001 04:23 PM To: John Arnold/HOU/ECT@ECT cc: Subject: RE: so who are the drinks on until I do ? . . . . . -----Original Message----- From: Arnold, John Sent: Tuesday, May 08, 2001 2:25 PM To: Ward, Kim S. Subject: RE: drinks on tickleknees if you do From: Kim Ward/ENRON@enronXgate on 05/08/2001 02:03 PM To: John Arnold/HOU/ECT@ECT cc: Subject: RE: you're killing me!!! I WILL close two of the three!!! and I predict that I will make $500,000 - on two tiny little gas deals. -----Original Message----- From: Arnold, John Sent: Tuesday, May 08, 2001 2:04 PM To: Ward, Kim S. Subject: RE: maybe we need a closer in that seat From: Kim Ward/ENRON@enronXgate on 05/08/2001 01:56 PM To: John Arnold/HOU/ECT@ECT cc: Subject: RE: he's a cheapskate - I am just sitting here on the edge of my seat with three customers that won't pull the trigger! -----Original Message----- From: Arnold, John Sent: Tuesday, May 08, 2001 1:53 PM To: Ward, Kim S. Subject: RE: how about we celebrate the near completion of your deal and have tickleless pay for it. From: Kim Ward/ENRON@enronXgate on 05/08/2001 01:26 PM To: John Arnold/HOU/ECT@ECT cc: Subject: RE: push the summer down about $.03-.04 so I can get one of my deals done and we could celebrate! -----Original Message----- From: Arnold, John Sent: Tuesday, May 08, 2001 1:07 PM To: Ward, Kim S. Subject: wanna get sauced after work?
arnold-j/sent/439.
subject: RE: content: you i guess. From: Kim Ward/ENRON@enronXgate on 05/08/2001 04:23 PM To: John Arnold/HOU/ECT@ECT cc: Subject: RE: so who are the drinks on until I do ? . . . . . -----Original Message----- From: Arnold, John Sent: Tuesday, May 08, 2001 2:25 PM To: Ward, Kim S. Subject: RE: drinks on tickleknees if you do From: Kim Ward/ENRON@enronXgate on 05/08/2001 02:03 PM To: John Arnold/HOU/ECT@ECT cc: Subject: RE: you're killing me!!! I WILL close two of the three!!! and I predict that I will make $500,000 - on two tiny little gas deals. -----Original Message----- From: Arnold, John Sent: Tuesday, May 08, 2001 2:04 PM To: Ward, Kim S. Subject: RE: maybe we need a closer in that seat From: Kim Ward/ENRON@enronXgate on 05/08/2001 01:56 PM To: John Arnold/HOU/ECT@ECT cc: Subject: RE: he's a cheapskate - I am just sitting here on the edge of my seat with three customers that won't pull the trigger! -----Original Message----- From: Arnold, John Sent: Tuesday, May 08, 2001 1:53 PM To: Ward, Kim S. Subject: RE: how about we celebrate the near completion of your deal and have tickleless pay for it. From: Kim Ward/ENRON@enronXgate on 05/08/2001 01:26 PM To: John Arnold/HOU/ECT@ECT cc: Subject: RE: push the summer down about $.03-.04 so I can get one of my deals done and we could celebrate! -----Original Message----- From: Arnold, John Sent: Tuesday, May 08, 2001 1:07 PM To: Ward, Kim S. Subject: wanna get sauced after work?
arnold-j/sent/44.
subject: ACCESS Trades for 11/09/00 content: ---------------------- Forwarded by John Arnold/HOU/ECT on 11/09/2000 03:54 PM --------------------------- "Mancino, Joseph (NY Int)" <[email protected]> on 11/09/2000 08:32:32 AM To: "'[email protected]'" <[email protected]> cc: Subject: ACCESS Trades for 11/09/00 Here are the trades executed on ACCESS last night: S 50 Z 5350 S 50 Z 5335 B 9 Z 5330 B 2 Z 5320 B 4 Z 5322 B 6 Z 5323 B 5 Z 5345 B 10 Z 5355 B 3 Z 5355 B 5 Z 5358 B 100 Z 5323 S 100 F 5369 Joseph Mancino E.D. & F. Man International (212)566-9700
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subject: RE: content: drinks on tickleknees if you do From: Kim Ward/ENRON@enronXgate on 05/08/2001 02:03 PM To: John Arnold/HOU/ECT@ECT cc: Subject: RE: you're killing me!!! I WILL close two of the three!!! and I predict that I will make $500,000 - on two tiny little gas deals. -----Original Message----- From: Arnold, John Sent: Tuesday, May 08, 2001 2:04 PM To: Ward, Kim S. Subject: RE: maybe we need a closer in that seat From: Kim Ward/ENRON@enronXgate on 05/08/2001 01:56 PM To: John Arnold/HOU/ECT@ECT cc: Subject: RE: he's a cheapskate - I am just sitting here on the edge of my seat with three customers that won't pull the trigger! -----Original Message----- From: Arnold, John Sent: Tuesday, May 08, 2001 1:53 PM To: Ward, Kim S. Subject: RE: how about we celebrate the near completion of your deal and have tickleless pay for it. From: Kim Ward/ENRON@enronXgate on 05/08/2001 01:26 PM To: John Arnold/HOU/ECT@ECT cc: Subject: RE: push the summer down about $.03-.04 so I can get one of my deals done and we could celebrate! -----Original Message----- From: Arnold, John Sent: Tuesday, May 08, 2001 1:07 PM To: Ward, Kim S. Subject: wanna get sauced after work?
arnold-j/sent/441.
subject: RE: content: maybe we need a closer in that seat From: Kim Ward/ENRON@enronXgate on 05/08/2001 01:56 PM To: John Arnold/HOU/ECT@ECT cc: Subject: RE: he's a cheapskate - I am just sitting here on the edge of my seat with three customers that won't pull the trigger! -----Original Message----- From: Arnold, John Sent: Tuesday, May 08, 2001 1:53 PM To: Ward, Kim S. Subject: RE: how about we celebrate the near completion of your deal and have tickleless pay for it. From: Kim Ward/ENRON@enronXgate on 05/08/2001 01:26 PM To: John Arnold/HOU/ECT@ECT cc: Subject: RE: push the summer down about $.03-.04 so I can get one of my deals done and we could celebrate! -----Original Message----- From: Arnold, John Sent: Tuesday, May 08, 2001 1:07 PM To: Ward, Kim S. Subject: wanna get sauced after work?
arnold-j/sent/442.
subject: RE: content: how about we celebrate the near completion of your deal and have tickleless pay for it. From: Kim Ward/ENRON@enronXgate on 05/08/2001 01:26 PM To: John Arnold/HOU/ECT@ECT cc: Subject: RE: push the summer down about $.03-.04 so I can get one of my deals done and we could celebrate! -----Original Message----- From: Arnold, John Sent: Tuesday, May 08, 2001 1:07 PM To: Ward, Kim S. Subject: wanna get sauced after work?
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subject: RE: content: is that with or without two snoozes? From: Kim Ward/ENRON@enronXgate on 05/08/2001 01:24 PM To: John Arnold/HOU/ECT@ECT cc: Subject: RE: and get up at 5:07 a.m.? -----Original Message----- From: Arnold, John Sent: Tuesday, May 08, 2001 1:07 PM To: Ward, Kim S. Subject: wanna get sauced after work?
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subject: content: wanna get sauced after work?
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subject: Re: RISK Magazine Interview content: Jennifer: I don't think we have much interest in doing this interview since it primarily pertains to our views of the market. I would speak in such generalities that it probably wouldn't be a good interview. John Jennifer Walker@ENRON 05/07/2001 08:57 AM To: John Arnold/HOU/ECT@ECT cc: Subject: RISK Magazine Interview John: Kevin Foster with Risk Magazine is working on an article for the June issue regarding Gas Markets in the U.S. Basically, he is interested in Enron's opinion of: 1. Physical Supply/Demand of gas and how this is affecting financial trades 2. Where do we anticipate gas prices going over the summer? 3. The state of the industry--any major issues that may affect the market? If this sounds like a story we would be interested in doing, please let me know and I will coordinate a short phone interview with Kevin Foster. I know it usually works best for your schedule to do this after 4pm, so please let me know if Tuesday after 4 would be good for you. Thanks for your help and please call me with any questions. Jennifer Walker Public Relations x3-9964
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subject: RE: you shudda been in vegas content: that night i had so much brain damage i couldnt function. as opposed to ???? "Lafontaine, Steve" <[email protected]> on 05/07/2001 06:29:44 AM To: [email protected] cc: Subject: RE: you shudda been in vegas was a great time-sat at bo collins dinner table spoke briefly. by that nite i had so much brain damage i couldnt function. -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Friday, May 04, 2001 11:31 AM To: LaFontaine, Steve Subject: Re: its never gonna break your guys are probably seeing this as well, but, 50 cents higher our customer biz was 95/5 from buy side. now it's 50/50. can almost smell blood among the producers. only problem is trade is sooooo short they cant see straight. were the market still not so fundamentally overvalued right now i'd be looking for a 25 cent move up. just can't see that happening at this level though. ********************Legal Disclaimer************************** This email may contain confidential information and is only for the use of the intended or named recipient. It has been prepared solely for informational purposes from sources believed to be reliable, and is not a solicitation, commitment or offer. All information is subject to change without notice, and is provided without warranty as to its completeness or accuracy. If you are not the intended recipient, you are hereby notified that any review, dissemination, distribution, copying or other use of this email and its attachments (if any) is strictly prohibited and may be a violation of law. If you have received this email in error, please immediately delete this email and all copies of it from your system (including any attachments), destroy any hard copies of it, and notify the sender. Thank you.
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subject: Re: ng content: i guess i have to keep my 395 price target. just nothing bullish in the near term except crude. and that's not enough now. need to get to a new price regime to pick up more demand quickly. From: Jennifer Fraser/ENRON@enronXgate on 05/06/2001 05:47 PM To: John Arnold/HOU/ECT@ECT cc: Subject: ng what do you think this week and next 3 weeks-----june expiry 4.20? -----Original Message----- From: Arnold, John Sent: Wednesday, April 25, 2001 7:00 PM To: Fraser, Jennifer Subject: Re: please fill in--i lost the scrap of paper my numbers from mar 15. would raise jun-augy by 10 cents because of the supportive weather we had from mar 15-apr 15 From: Jennifer Fraser/ENRON@enronXgate on 04/19/2001 01:17 PM To: John Arnold/HOU/ECT@ECT cc: Subject: please fill in--i lost the scrap of paper arnold May-01 455 Jun-01 395 Jul-01 370 Aug-01 350 Sep-01 350 Oct-01 360 Nov-01 360 Dec-01 325 Jan-02 280 Jen Fraser Enron Global Markets Fundamentals 713-853-4759
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subject: Re: content: none From: John J Lavorato/ENRON@enronXgate on 05/07/2001 07:46 AM To: Phillip K Allen/HOU/ECT@ECT, John Arnold/HOU/ECT@ECT, Harry Arora/ENRON@enronXgate, Berney C Aucoin/HOU/ECT@ECT, Edward D Baughman/ENRON@enronXgate, Tim Belden/ENRON@enronXgate, Christopher F Calger/ENRON@enronXgate, Derek Davies/CAL/ECT@ECT, Mark Dana Davis/HOU/ECT@ECT, Joseph Deffner/ENRON@enronXgate, Paul Devries/TOR/ECT@ECT, W David Duran/HOU/ECT@ECT, Chris H Foster/ENRON@enronXgate, Chris Gaskill/ENRON@enronXgate, Doug Gilbert-Smith/Corp/Enron@ENRON, Rogers Herndon/HOU/ECT@ect, Ben Jacoby/HOU/ECT@ECT, Scott Josey/ENRON@enronXgate, Kyle Kitagawa/CAL/ECT@ECT, Fred Lagrasta/ENRON@enronXgate, John J Lavorato/ENRON@enronXgate, Eric LeDain/CAL/ECT@ECT, Laura Luce/Corp/Enron@Enron, Thomas A Martin/ENRON@enronXgate, Jonathan McKay/CAL/ECT@ECT, Ed McMichael/HOU/ECT@ECT, Don Miller/ENRON@enronXgate, Michael L Miller/ENRON@enronXgate, Rob Milnthorp/CAL/ECT@ECT, Jean Mrha/ENRON@enronXgate, Scott Neal/HOU/ECT@ECT, David Parquet/SF/ECT@ECT, Kevin M Presto/HOU/ECT@ECT, Brian Redmond/ENRON@enronXgate, Hunter S Shively/ENRON@enronXgate, Fletcher J Sturm/HOU/ECT@ECT, "Swerzbin, Mike" <[email protected]>@SMTP@enronXgate, C John Thompson/ENRON@enronXgate, Carl Tricoli/Corp/Enron@Enron, Barry Tycholiz/NA/Enron@ENRON, Frank W Vickers/NA/Enron@Enron, Lloyd Will/HOU/ECT@ECT, Greg Wolfe/ENRON@enronXgate, Max Yzaguirre/NA/Enron@ENRON, John Zufferli/CAL/ECT@ECT cc: Subject: I asked everyone for their A/A needs and received very little feedback. Please respond promptly. Thanks John
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subject: Re: its never gonna break content: your guys are probably seeing this as well, but, 50 cents higher our customer biz was 95/5 from buy side. now it's 50/50. can almost smell blood among the producers. only problem is trade is sooooo short they cant see straight. were the market still not so fundamentally overvalued right now i'd be looking for a 25 cent move up. just can't see that happening at this level though.
arnold-j/sent/45.
subject: Re: Resume content: Alan: I received your email. I'll make sure it goes through the proper channels. It may help if you give specific positions that interest you most as Enron is such a big place, it will help focus the resume to the right people. John
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subject: Re: content: only if you promise to post regular updates on the trucking market. call chris gaskill to get the password. From: Matthew Arnold/ENRON@enronXgate on 05/04/2001 10:22 AM To: John Arnold/HOU/ECT@ECT cc: Subject: sign me up for the gas message board
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subject: RE: content: will see you there (most probably) From: Kim Ward/ENRON@enronXgate on 05/04/2001 10:18 AM To: John Arnold/HOU/ECT@ECT cc: Subject: RE: My floor looks good - now i just have to paint. Have fun in San Antonio. Monday morning? -----Original Message----- From: Arnold, John Sent: Friday, May 04, 2001 9:38 AM To: Ward, Kim S. Subject: Re: i like that feeling...as long as someone doesnt punch you in the gut. i'm going to san antonio at lunch today to play soccer so i just took the day off. catching up on 2 weeks of email. i know how to relax don't i From: Kim Ward/ENRON@enronXgate on 05/04/2001 09:34 AM To: John Arnold/HOU/ECT@ECT cc: Subject: Every single muscle in my stomach is sore.
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subject: Re: Hi content: Hey Adam: sorry for the delay. just been very busy. congrats on joining enron. think you made the right chioce. i would recommend structuring. it's a good way to understand how enron works, how we look at and manage risk, and you get close to the trading component. a friend of mine, ed mcmichael runs the gas structuring group. try emiling him probably at [email protected]. keep in touch, john "Bayer, Adam Ryan" <[email protected]> on 04/10/2001 03:06:34 PM To: [email protected] cc: Subject: Hi Hi John, I hope your gas markets are moving nicely this week. Its been a long time since we talked, but a lot has happened. But the most important thing has been my decision to join Enron. At this point, I am looking around for a rotation, and I have received a lot of advice pointing me towards Gas/Power Structuring and RAC rotations. I am wondering if you know some people in these areas who might be looking for analysts. I have heard that traders work closely with the structured finance and RAC guys, true? If you have time please let me know if you know of anything. Thanks, Adam Bayer
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subject: Re: <<Concur Expense Document>> - Quigley050401 content: this is my idea of vacation...
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subject: Re: Fimat (Soc Gen Line) content: yes i will From: Sarah Wesner/ENRON@enronXgate on 05/04/2001 09:50 AM To: John Arnold/HOU/ECT@ECT cc: Joseph Deffner/ENRON@enronXgate Subject: Fimat (Soc Gen Line) John - I got a call from Warren Tashnek today. He is concerned about the usage of the Fimat line because the trading volume is not covering its costs. He wanted to know how to increase business with Enron. I referred him to you. As you know, he is so nice and not trying to start a fight with us but needs more trades to justify the cost of the line. Will you please address this with him? Thanks, Sarah
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subject: option candlesticks technical paper content: ---------------------- Forwarded by John Arnold/HOU/ECT on 05/04/2001 09:40 AM --------------------------- [email protected] on 05/04/2001 09:31:27 AM To: [email protected] cc: Subject: option candlesticks technical paper Several people have asked how to read the Carr Futures option candlestick charts. Attached is a research note discussing tracking and trading option volatility. (See attached file: Tracking and Trading Nat Gas Vols.pdf) Carr Futures 150 S. Wacker Dr., Suite 1500 Chicago, IL 60606 USA Tel: 312-368-6149 Fax: 312-368-2281 [email protected] http://www.carrfut.com - Tracking and Trading Nat Gas Vols.pdf
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subject: <<Concur Expense Document>> - Quigley050401 content: do you know what my user id and password are? ---------------------- Forwarded by John Arnold/HOU/ECT on 05/04/2001 09:33 AM --------------------------- [email protected] on 05/04/2001 10:37:18 AM To: "[email protected]" <[email protected]> cc: Subject: <<Concur Expense Document>> - Quigley050401 The following expense report is ready for approval: Employee Name: Henry Quigley Status last changed by: Automated Administrator Expense Report Name: Quigley050401 Report Total: $107.45 Amount Due Employee: $107.45 To approve this expense report, click on the following link for Concur Expense. http://xms.enron.com
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subject: Re: content: i like that feeling...as long as someone doesnt punch you in the gut. i'm going to san antonio at lunch today to play soccer so i just took the day off. catching up on 2 weeks of email. i know how to relax don't i From: Kim Ward/ENRON@enronXgate on 05/04/2001 09:34 AM To: John Arnold/HOU/ECT@ECT cc: Subject: Every single muscle in my stomach is sore.
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subject: Re: content: absolutely...though i'm not sure how you do it. call chris gaskill and he should be abl to help. From: Kevin McGowan/ENRON@enronXgate on 05/04/2001 09:33 AM To: John Arnold/HOU/ECT@ECT cc: Subject: John, Could I get access to the gas message board? KJM
arnold-j/sent/459.
subject: content: Jeff: To explain the P&L of -349,000 : We executed the trade when you gave the order (the delta anyway), first thing in the morning. The market rallied 8 cents from the morning, with the back rallying about 2.5 cents. On 904 PV contracts, curve shift was -226,000. The balance, $123,000, is almost exactly $.01 bid/mid, which I think is pretty fair considering the tenor of the deal and that it included price and vol. Cal 3 straddles, for instance, are $1.39 / $1.45. Looking out for you bubbeh: John
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subject: Re: content: I almost forget about your debt, but then your BMW 315ia reminded me of it.
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subject: Re: No Cracks content: almost forgot about you.... will take care of . we'll keep you guys together close to the traders. From: Mike A Roberts 05/01/2001 09:48 AM To: John Arnold/HOU/ECT@ECT cc: Subject: No Cracks Johnny, Please don't let my group fall through the cracks! We'd like to be as close to your desk in the new building as possible (8 seats) unless you think we should focus on one of the geographical desks - Mike
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subject: Re: Please respond content: no [email protected] on 05/01/2001 11:44:40 AM To: [email protected] cc: Subject: Please respond Carr is hosting an enymex presentation at our office in New York this Monday, May 7th from 2-4 PM. We are double checking our head count to make sure that we will be ready for the people attending the presentation. If you would, please reply to this email with a yes or a no to indicate your intentions of attending this enymex presentation. Thank you. Carr Futures 150 S. Wacker Dr., Suite 1500 Chicago, IL 60606 USA Tel: 312-368-6149 Fax: 312-368-2281 [email protected] http://www.carrfut.com
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subject: option candlesticks as a hot link content: ---------------------- Forwarded by John Arnold/HOU/ECT on 05/01/2001 08:10 AM --------------------------- [email protected] on 05/01/2001 07:51:18 AM To: [email protected] cc: Subject: option candlesticks as a hot link 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. , 2001 Carr Futures The charts are now available on the web by clicking on the hot link(s) contained in this email. If for any reason you are unable to receive the charts via the web, please contact me via email and I will email the charts to you as attachments. Option Candlesticks http://www.carrfut.com/research/Energy1/candlesticks48.pdf Carr Futures 150 S. Wacker Dr., Suite 1500 Chicago, IL 60606 USA Tel: 312-368-6149 Fax: 312-368-2281 [email protected] http://www.carrfut.com
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subject: content: Stranger: Any interest in getting a drink or dinner Tuesday? havent seen you in forever.
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subject: RE: Your note content: my email as far as i know is [email protected]. not on msn though. i made space for your 8 people as well as ferries, roberts, and the other person (??) you requested. Come down tomorrow and i'll show you the layout again. john From: Jean Mrha/ENRON@enronXgate on 04/30/2001 08:34 PM To: John Arnold/HOU/ECT@ECT cc: Subject: RE: Your note Arnold, I am trying to talk via MSN messenger service and it will not accept [email protected] or any other reasonable email path. What is your official email path? I am assuming that you are using Outlook. I am here at work trying to close a deal. I will forward your message to Grass, but I want to visually see the layout of the floor. I will end up having spots on five and six. Also, Nelson Ferries' and Linda Roberts' location are very important to the Wellhead/Ecommerce effort. And yes, John will need room to grow. What did you think of the article? Mrha -----Original Message----- From: Arnold, John Sent: Monday, April 30, 2001 8:23 PM To: Mrha, Jean Subject: Jean: I think the location i talked about before is actually better for you. The area towards the edge of the building borders the northeast gas group, long-term originators, and mid-market orig group. not exactly who you need to be around. the location in the center is much closer to the east gulf group, specifically sandra, and the same distance to the central and texas trading groups. most importantly, it provides room for both your group and the trading group to expand. call me if you want to talk further.... thanks for the article. john
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subject: Advisory invoice content: can you take care of this... ---------------------- Forwarded by John Arnold/HOU/ECT on 04/30/2001 08:26 PM --------------------------- "Mark Sagel" <[email protected]> on 04/27/2001 10:14:42 AM To: "John Arnold" <[email protected]> cc: Subject: Advisory invoice John: ? Attached is the invoice covering the current period. ? Hope all is well. No changes on analysis.? Market will have occasional rallies (not significant) but all evidence shows lower levels to be seen.? Most bearish case shows decline until late May or first two weeks of June.? Prices from 420 - 380. - invoice enron 9943.doc
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subject: content: Jean: I think the location i talked about before is actually better for you. The area towards the edge of the building borders the northeast gas group, long-term originators, and mid-market orig group. not exactly who you need to be around. the location in the center is much closer to the east gulf group, specifically sandra, and the same distance to the central and texas trading groups. most importantly, it provides room for both your group and the trading group to expand. call me if you want to talk further.... thanks for the article. john
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subject: Re: March 2001/1Q 2001 Reporting Package content: would like to meet to review to make sure i understand. may only take a couple minutes. are you free at 330 on tuesday? From: Edie Leschber/ENRON@enronXgate on 04/30/2001 10:28 AM To: John Arnold/HOU/ECT@ECT cc: Subject: March 2001/1Q 2001 Reporting Package John, I have the reporting package for March 2001 and 1Q 2001 for the Financial Team for you. Would you like to meet to review or would you prefer that I just deliver it to you for your review? Thank you, Edie Leschber X30669
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subject: Re: pulaski content: remind jim how the h/j/k spread acted this year. granted it won't behave that way again until close to expiry, but i like the j/k outright much moreso than the condor. Caroline Abramo@ENRON 04/30/2001 12:24 PM To: John Arnold/HOU/ECT@ECT cc: Subject: pulaski ---------------------- Forwarded by Caroline Abramo/Corp/Enron on 04/30/2001 01:23 PM --------------------------- Jim Pulaski <[email protected]> on 04/30/2001 12:17:09 PM To: "Caroline. Abramo (E-mail)" <[email protected]> cc: Subject: btw, that wasnt me buying the f-g/j-k on friday at 4
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subject: natural update content: ---------------------- Forwarded by John Arnold/HOU/ECT on 04/30/2001 09:30 AM --------------------------- "Mark Sagel" <[email protected]> on 04/29/2001 06:50:29 PM To: "John Arnold" <[email protected]> cc: Subject: natural update Latest comments FYI - ng042901.doc
arnold-j/sent/47.
subject: content: Hello: I am not able to pull up the link for the short term outlook for natural gas. Can you please make sure the link is updates. Thanks, John
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subject: content: can you get me the number of our contact at the Delano. I have a personal favor to ask them. john
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subject: content: pookie: check this out: www.sailmainecoast.com/index.html
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subject: content: 212 836 5030
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subject: content: kimberly: any interest in accompanying me to maggi's bd party sat nite?