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To: Cogito Ergo Sum who wrote (2111)11/29/2001 11:12:34 AM
From: stan_hughes  Read Replies (1) | Respond to of 11633
 
Message 16720662



To: Cogito Ergo Sum who wrote (2111)11/29/2001 7:24:31 PM
From: sportsman  Read Replies (1) | Respond to of 11633
 
Kastel,
I received the same answer from PWI, here it is:
<We do have two off-setting hedges with Enron, although the timing on each of them is different putting us at an exposure of $600,000 on the mark-to-market today. In light of our mark-to-market hedging program being $71.2M, the Enron exposure is minimal>
She also said the exposure could increase if NG really tanked.
Sportsman


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