California Update 5/23/01 ,
 There will be a press conference by the Assembly Republicans at 10:30 a.m. PDT to announce their counter-proposal to the MOU.  This should give further insight and generate market reaction as to whether SoCal can be saved.  The Republicans are almost certain to offer something less generous that the original Davis transmission line offer.
john.lavorato@enron.com, louise.kitchen@enron.com