
Date: Tue, 24 Apr 2001 07:06:00 -0700 (PDT)
From: robert.williams@enron.com
To: richard.shapiro@enron.com
Subject: FW: DA Account Balances
Cc: james.steffes@enron.com, vicki.sharp@enron.com, mike.smith@enron.com,
harry.kingerski@enron.com
Bcc: james.steffes@enron.com, vicki.sharp@enron.com, mike.smith@enron.com,
harry.kingerski@enron.com

Rick,

We are within 5% of SCE's negative CTC calculation up to January 17 (approx.
$125 million).  However, as you can see from the attached chart, SCE would
give us a $60 million-plus haircut with the methodology they are proposing
for calculating negative CTC for post-Jan. 18.  Our protest to this
methodology is due to be filed tomorrow, April 25.  I will call you to
discuss the next step with SCE.
