
Date: Thu, 7 Dec 2000 12:15:00 -0800 (PST)
From: william.bradford@enron.com
To: elizabeth.sager@enron.com
Subject: Performance Bond

We are contemplating taking a performance bond as collateral to secure our
position with Duke.   I would like you to review the language of the
performance bond from a legal perspective upon receipt.  My concerns are the
claim process will be slow and will be subject to legal interpretation.  I
would like to discuss with you the risks associated with this type of
security.

Thanks,
Bill




