Re: PGT Deal ,
 FYI,

I have no doubt that this deal will heat up on December 28 or 29.

Steve
----- Forwarded by Steve Van Hooser/HOU/ECT on 12/15/2000 03:51 PM -----

	Steve Van Hooser
	12/15/2000 03:49 PM
		
		 To: Stephanie Miller/Corp/Enron@ENRON
		 cc: 
		 Subject: Re: PGT Deal

Stephanie,

Here is a revised version of the Term Sheet which follows the pricing 
approach we discussed earlier today.  Let me know what you think.

Steve





	Stephanie Miller@ENRON
	12/14/2000 01:36 PM
		 
		 To: Steve Van Hooser/HOU/ECT@ECT
		 cc: 
		 Subject: PGT Deal

I am expecting Calpine's response to the term letter we sent last week  to 
arrive shortly. I already know that they wanted to strengthen the "first 
look" provision and have a reopener on the price after a two year period. 

Can you please review attached? Comments/suggestions?

Please call

Stephanie  x31688
gerald.nemec@enron.com