good morning vince ,
attached is a note written by a former phd student of mine . he comments on
the calif power problem and i thought you and others at enron might enjoy
his insights .
john
- california is worth 50 basis points . doc
john d . martin
carr p . collins chair in finance
finance department
baylor university
po box 98004
waco , tx 76798
254 - 710 - 4473 ( office )
254 - 710 - 1092 ( fax )
j _ martin @ baylor . edu
web : http : / / hsb . baylor . edu / html / martinj / home . html