
Date: Wed, 18 Jul 2001 02:16:00 -0700 (PDT)
From: amr.ibrahim@enron.com
To: richard.shapiro@enron.com
Subject:  Dr. Lay's Visit
Cc: ban.sharma@enron.com, james.steffes@enron.com
Bcc: ban.sharma@enron.com, james.steffes@enron.com

Rick:

This is very good, and succinct, summary from Ban.  Notwithstanding his
analysis, I think that we are going to be there for a longer-than-desired
period, and Dr. Ley's visit should have been kept for a more opportune time.
Of course, I hope that I am wrong.

It follows that the likely way out shall be "renegotiation", "stabilizing",
then convergence with the arbitration route in "existing".


Best regards

AI



