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Best, Jeff | dev33 |
Congratulations. | dev33 |
Even though it's the EEI agreement, getting Edison to agree to sign something is an achievement. | dev33 |
Good luck landing deals. | dev33 |
Jeff | dev33 |
Guess this means we support it? | dev33 |
(Kidding.) | dev33 |
Cool. | dev33 |
Thanks for the info. | dev33 |
FYI. | dev33 |
Sure the desk wants the details kept confidential, but thought folks might be interested to know. | dev33 |
Rob: Here's a quick and dirty list of some lessons from California that Alberta may not want to repeat. | dev33 |
Steve, let me know if I've missed any messages we're using to describe California's woes (or mangled any, for that matter. If you have any questions, don't hestitate to get in touch. Best, Jeff | dev33 |
Great presentation, but the message seems a little blurred. | dev33 |
OK. | dev33 |
It's done. | dev33 |
Got two places. | dev33 |
One sleeps 8 and is big and is where we can have the party. | dev33 |
The other sleeps 6 and is very close by. | dev33 |
Right on the beach, so surfing will be a must. | dev33 |
Who is on your list for invites so far? | dev33 |
Dave/Sandi: FYI. | dev33 |
In Joseph's absence, his fill-in asked that I take a call yesterday from the Mayor's office. | dev33 |
They called to confirm the meeting set up for Dave, Mike Day and Bev Hanson on Nov. 29th at 4 PM to discuss the serious electricity shortage in SF. | dev33 |
Best, Jeff | dev33 |
Chuckles is a must invite. | dev33 |
Counting on Paul. | dev33 |
I'm adding my two cents. | dev33 |
Here's 3, but not 4. | dev33 |
Few things. | dev33 |
1) I considered that everything was "material." | dev33 |
That reasonable? | dev33 |
2) Dylan, I struggled with the ban on preservatives, but ultimately decided it was unusual, not extraordinary, since the book sez that any write down of inventory is unusual, as opposed to extra. | dev33 |
But a case for extra can still, be made I think. | dev33 |
3) I did not include the 1994 litigation expense associated with the ban, since it seems to me that it's merely an expense that they would have taken in 1994, as opposed to a "potential litigation outcome" that they'd make an allowance for---I could be wrong, though. | dev33 |
4) Finally, I assumed that the depreciation-related gain was already included in the 1995 "income from continuing operations" number, and consequently included it as a footnote on my spreadsheet, rather than make it an explicit line item in the income statement. | dev33 |
I'll look at Kim's #4 and if I have any comments, I'll add them to hers and circulate. | dev33 |
Best, Jeff | dev33 |
OK. | dev33 |
Having taken a second look at the spreadsheet I sent yesterday, here's a revised sheet (there was a math error in the original), and my adds to Kim's #4. | dev33 |
Most significant issue: the discrepancy between Kim's and mine is that Kim's assumes that the $9,5 million includes pluses from things like dep/gain on sale, while mine assumes that it doesn't (i.e., Kim subtracts them, I add them). | dev33 |
No big deal, we just need to make an assumption and go with it. | dev33 |
There's a couple of other differences that are identified in the answer to #4--again, just need to make the call either way. | dev33 |
Best, Jeff | dev33 |
My understanding is the same. | dev33 |
Content looks good. | dev33 |
Message points been developed in the event they're needed? | dev33 |
Best, Jeff | dev33 |
Will have any comments to you pronto. | dev33 |
See attached. | dev33 |
Just a couple of typos corrected in strike-out-underline. | dev33 |
Question: Thought I'd included the gain on sale as "unusual" as opposed to "extraordinary." | dev33 |
If we leave it out, are we assuming it's already included in the $9.5MM? | dev33 |
If so, we might want to include a note at the bottom of the spreadsheet like, $9.5 MM figure includes $750,000 gain on sale of certain assets completed in 1995." | dev33 |
Or am I just totally out lunch on this one. Thanks. This one was a little messy. You did a great job of pulling it together. Best, Jeff | dev33 |
My suggested edits are in CAPS. | dev33 |
FYI. | dev33 |
I like it. | dev33 |
Give it one final read through for final refinements. | dev33 |
Then send to bay guardian, sf weekly, pacific sun (marin), (and the east bay has a weekly mag, too, the name of which escapes me--might be out of berkeley). | dev33 |
Any of these would give good exposure, and likelihood of someone of your caliber getting in is pretty high. | dev33 |
get better. | dev33 |
No problem. | dev33 |
Hi, Marcie. | dev33 |
I've added two things to the end of the update: PG&E/Edison sue the PUC in federal court to recover procurement costs. | dev33 |
Edison files proposal with PUC to declare rate freeze is over and establish a new rate freeze at 110% of old rate freeze that would last for 5 years. | dev33 |
I don't have all the details to fill in, though some of the details might be available from the PG&E/Edison websites, and Sue and Mona might have additional info. | dev33 |
Hope this helps. | dev33 |
Best, Jeff | dev33 |
Might be useful to observe how others react prior to responding. | dev33 |
The good senator may have to fight over the surplus with a lot of teachers looking to spend the $$s on school books. | dev33 |
That fight could get interesting if the backdrop for the debate is a CEC report that sez "no problem, we're in charge." | dev33 |
I'm sure we'd be willing to build a few plants for $2 billion... | dev33 |
my pleasure. | dev33 |
No, you're correct. | dev33 |
In the spreadsheet, there were three sorts of "items": discontinued ops, unusual items, extraordinary items, and accounting changes. | dev33 |
The sale of the assets came about in the attempt to "trim the fat" (or manage earnings, you make the call). | dev33 |
Here's the line item from my spreadsheet: It came right after the entries for the "unusual loss from the government ban." | dev33 |
I included it with the "unusual" items (right after discontinued ops and right before extraordinary items. Big question is, is it included already. I assumed not, since (though it's confusing), the problem makes is sound like none of the additional "agenda items" were accounted for. I don't think it's a huge deal, though. The questions left a lot of room for ambiguity. Best, Jeff | dev33 |
I agree completely, which is why I think the *$(*#-ed case is confusing. Let it go. Leave as is. Think about it no more. See you tonite. Jeff | dev33 |
great time. | dev33 |
thanks a million. | dev33 |
sorry i had to do homework for some of it. | dev33 |
what would you like me to cook/bring for friday? | dev33 |
i make a mean oyster stuffing. | dev33 |
and my homemade cranberry sauce is ok, too. | dev33 |
just let me know. | dev33 |
FYI. | dev33 |
OK!!! | dev33 |
I don't put my stuffing in the bird!!! | dev33 |
The more cranberries the better!!! | dev33 |
Yours truly!!!! | dev33 |
Jeff!!! | dev33 |
p.s. | dev33 |
how did pittsburg lose??!?!?!?!??!?!?!?? | dev33 |
I don't get it. | dev33 |
What does she want to do? | dev33 |
i know!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! | dev33 |
These performance reviews may push me right over the edge. | dev33 |
Good talking to you earlier. | dev33 |
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