But indeed a market like California is not good for Enron.

When there's uncertainty they always think there's another shoe to fall. There is no other shoe to fall.

If there is anything material and we're not reporting it, we'll be breaking the law. We don't break the law.

The problems in California have been that it's been very difficult to site and build new power plants.

Every market is in transition.

But the most important thing is, Enron did not cause the California crisis.

There are no accounting issues, no trading issues, no reserve issues, no previously unknown problem issues.