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To: CpsOmis who wrote (17644)1/31/2003 2:15:46 PM
From: jim_p  Read Replies (2) | Respond to of 206089
 
RRI is a small glimpse of what will happen when EP unwinds it's mtm accounting.

mtm transactions in RRI were very light and with an average maturity of less than 18 months.

EP's mtm is very heavy with transactions that go out for 10 years or more.

I would not want to be an owner of EP on earnings release day.

Jim