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For the faculty meeting: challenges that energy markets pose to financial modeling.
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I shall be able to E-mail the Power Point presentations later this month.
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Vince
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It's a very good job description.
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Vince
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Shirley, Works for me.
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Vince
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Louise, It would be a good commercial for Enron.
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What can we do to help him and get free publicity?
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Vince
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Ed, I sent a message to Louise Kitchen who runs the EnronOnline effort.
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She should be getting back to you shortly.
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Vince
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This person might qualify for the Enterprise-Wide Risk Management effort.
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Vince
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She will come on Thu at 10:15.
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Vince
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Did you have the chance to audit the UK vol generator?
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Vince
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Kim, Thanks a lot.
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I appreciate your kind words.
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Vince
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EB 1962 Vince Kaminski Thanks
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Lou, Thanks a lot.
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Vince
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Shelley, My colleague, Clayton Vernon, who has a background in economics, wrote a short summary of arguments against the ROFR.
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We are working on the second approach to the problem: we try to come up with a numerical estimate of the value of this option.
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The fact that an incumbent shipper has this option has distributional consequences: he has something of value he never paid for.
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Having a numerical estimate of the value of this option could help to argue against it.
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The value of such an option is case specific; so we shall rather produce a template you can use for valuation case by case.
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Vince Kaminski
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Vince Kaminski Enron North America Corp.
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George, This is the first cut at the problem you gave us, done by my associate Clayton Vernon.
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Please, feel free to call him with any question.
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Your friend should check what were the sermons he gave on April 19 and April 25, in 1998 and 1999, respectively.
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Vince
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Shirley, No problem.
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Vince
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Vernon, Please, take a look at it.
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Vince
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Mike, Just got it this morning.
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An area to focus on.
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Vince
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Larry, The copy of the article I mentioned.
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Vince
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Larry, The copy of the article I mentioned to you.
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Vince
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Steve, A very good spec.
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Vince
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Mark, I have an inquiry from a publishing house who are preparing a book on the world power markets.
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They wanted us to sponsor it (at the cost of 19,000 pounds) but the reaction from our power desks was lukewarm.
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They are offering us an opportunity to advertise in this publocatio.
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I am attaching the message with the terms.
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Vince
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Rick & Ted, One more thing to watch.
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California power prices next summer.
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We see the possibility of higher prices and of spikes (bad hydro conditions in California, growing demand for power).
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Vince
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Jonathan, Sounds familiar?
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Vince
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Celeste, We can use this guy as a help for Enron Broad band Svc's.
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We are getting many projects in this area.
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Vince
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Mark, I agree with you.
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They do not seem to have the market penetration we need.
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The benefits don't justify the expense.
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I shall notify them.
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Vince
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FYI, Please, take a look at this resume.
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Vince
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Mike, Please, stay on top of this development.
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Vince
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Hello, I shall be traveling this week.
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I shall be glad to meet you for lunch next week.
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Please give me a call Monday Vince
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Mark, Do u want to send anybody to this conference?
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Vince
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Oliver, I apologize for the delay.
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I was traveling over the last few weeks.
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Please, feel free to edit my bullet points.
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I shall be back in the office on Friday afternoon.
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In the meantime you can reach me on my cell My name: Vince Kaminski (not kaminsky) Managing Director Enron Corp. The Challenge of Valuation of Energy Related Derivatives - Modeling the dynamics of energy prices - Incomplete markets - Complexity of the energy related contracts - embedded options - multiple layers if optionality Vince Kaminski
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Please, take a look at this article: Vince
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Marek, I shall send you the article on fuel cells later tonight.
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I shall be in Portland and San Francisco through the weekend.
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Any plans for Elisir d'Amore"? Please, respond to vkaminski@aol.com Vince
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Shirley, Please, remind me to order flowers for Paula Monday.
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Vince
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Kevin, Thanks for your concern.
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Vince
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Jason, There was a problem with the request.
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I could not approve it (the system would not let me do it).
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There must have been a mistake in the way it was submitted).
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Please, ask Shirley to resubmit.
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Vince
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Chris, No problem.
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Feel free to mention our names.
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Vince
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Shirley, Can you please set up the meeting.
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Vince
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