
Date: Wed, 21 Mar 2001 03:51:00 -0800 (PST)
From: steve.hall@enron.com
To: jbennett@gmssr.com
Subject: Re: Draft Comments on DWR Letter
Cc: christopher.f.calger@enron.com, jeff.dasovich@enron.com,
pgboylston@stoel.com, elizabeth.sager@enron.com,
steve.c.hall@enron.com, christian.yoder@enron.com,
mollie.gustafson@enron.com, brenda.whitehead@enron.com
Bcc: christopher.f.calger@enron.com, jeff.dasovich@enron.com,
pgboylston@stoel.com, elizabeth.sager@enron.com,
steve.c.hall@enron.com, christian.yoder@enron.com,
mollie.gustafson@enron.com, brenda.whitehead@enron.com

Jeanne,

Looks great.  I don't have any changes.

I like your characterization of the "bond cap" issue Pat and I mentioned this
morning.  My bet is that, ultimately, this will drive the CPUC to increase
the CPA.  Once the legislators figure out that the general fund will not be
fully reimbursed if the bond issue is less than $10 billion, they will put
pressure on the CPUC to make sure the CPA is as large as possible.

Steve




