In a conference call today with Alcoa on the Services business we are pursuing, the following issues with regard to credit were mentioned:

1.  Alcoa has revoked a $10MM credit line they had open with Enron.

2.  Alcoa was uncomfortable taking on more Enron exposure given the recent press.  In addition to the power/gas exposure, there is metals exposure.

3.  Future deals will need to be closely reviewed by Alcoa's credit group.

By copy of this e-mail, I am requesting that Ed Sacks contact Mike Fry of Alcoa's credit group in Atlanta.  Please advise if you need his phone number.  Also, we want to move ahead with getting the EEI in place as Alcoa's represents one of our strongest prospects for the new Services business.  We will need to get Alcoa comfortable with our credit issues.

In addition, we are talking to Alcoa on various other pieces of business at their various smelters in PJM and TVA as well as rainfall hedges for their hydro operations.

Oscar Dalton


contact person Pat Ratford x39282


Mr. Skilling will be travelling and unable to attend on May 24.

Thanks,
Joannie Williamson
713-345-7774

Debbie Long <dlong@houstontech.org> on 05/16/2001 05:30:21 PM
To: Administrator <Administrator@houstontech.org>
cc:

Subject: Houston Mentor Network Breakfast 5.24.01

Dear Mentors:

 The Houston Technology Center would like to invite you to attend the
Houston Mentor Network Breakfast during which we will introduce a selection
of our newest companies. After the introductions, the Mentors and the
companies will be allowed time to network and to find appropriate "mentor
connections."

The breakfast will be held on Thursday, May 24, at the Briar Club, 2603
Timmons from 7:00 a.m. - 9:00 a.m.  The cost of the event is $15.  No cash
will be accepted at the door.  Please register online at:
http://www.houstontech.org/calendar/caldetail.asp?ID=118&DATE=5/24/2001

AGENDA

7:00-7:30                   Registration

7:30-8:30                   Breakfast/Introduction to Candidate Companies

8:30-9:00                   Wrap-up/Networking

I look forward to a great turnout!

Sincerely,

Massimo Marolo
Development Manager
Houston Technology Center
mmarolo@houstontech.org


---------------------- Forwarded by Matthew Lenhart/HOU/ECT on 03/06/2001
01:53 PM ---------------------------

Matthew Lenhart
02/07/2001 01:10 PM
To: Craig Breslau/HOU/ECT@ECT
cc:

Subject:


Gore Calls For Recount Of Supreme Court Vote

WASHINGTON, DC-- An increasingly desperate Al Gore called for a recount
Tuesday of the
U.S. Supreme Court's 9-0 decision in Bush v. Palm Beach County Canvassing
Board. "There
is reason to suspect that these nine votes were not properly counted and that
as many as five
justices who sided with Mr. Bush did not intend to do so," Gore said. "It is
therefore in the best
interest of our democracy for the U.S. Supreme Court to suspend judgment in
this case until we
can be absolutely certain that this court did, in fact, intend to rule in Mr.
Bush's favor." Gore added
that if his recount request is denied, he will file an appeal with the
Interplanetary Supreme Court.


Kevin, Steve, and Shashi--Per your request,  attached is a memo that
addresses regulatory issues with Enron's potential minority investment in a
software company providing tagging or scheduling software to the electric
transmission industry.  Aside from possible routine reporting requirements
and possible additional standards of conduct precluding the sharing of
information with the traders, there are no issues pertaining to PUHCA  and
the Fed. Power Act.  Christi 37007
---------------------- Forwarded by Christi L Nicolay/HOU/ECT on 10/11/99
01:35 PM ---------------------------

"Andrea Settanni" <asettanni@bracepatt.com> on 10/11/99 01:02:58 PM
To: Christi L Nicolay/HOU/ECT@ECT, Joe Hartsoe/Corp/Enron@Enron, Sarah
Novosel/Corp/Enron@Enron
cc:
Subject: REVISED - Memo On Software Company

Please disregard the fax sent earlier today and use this updated memo
pursuant to Christi's request.  We added two sentences - one at the end of
the first paragraph and one at the end of the second paragraph (under
Executive Summary).  I have attached it in wordperfect and word.

Andrea

 - 0114436.03
 - software.doc


Good Morning,

Mike Purcell has accepted a position in the Volume Management group and will
be joining that team effective April 23rd.

Mike has worked on the Preschedule desk for over a year scheduling the
Northwest, and has done a fine job representing Enron to our counterparties.
His technical ability and grace under pressure will be missed as we roll into
the summer months!

Please join me in wishing Mike well in his new position.

Cara


Attention AB 1890 Group Members!

SAVE THE DATE!

What: AB 1890 Annual Retreat
When: November 13th, 14th, 15th
Where: The Villagio Inn, Napa
R.S.V.P. attendance ASAP!
(More information to follow)

See you there!

Delaney Hunter
Legislative Director
Smith & Kemtpon


Hi Tana,  Are any of the deals assigned Power financial deals?

Thanks,
Melissa

From: Tana Jones on 08/15/2000 05:23 PM
To: Bob Bowen/HOU/ECT@ECT, Jefferson D Sorenson/HOU/ECT@ECT, Laurel
Adams/HOU/ECT@ECT, Andrea R Guillen/HOU/ECT@ECT, Willie Harrell/HOU/ECT@ECT,
Larry Joe Hunter/HOU/ECT@ECT, Melba Lozano/HOU/ECT@ECT, Chris
Walker/HOU/ECT@ECT, David P Dupre/HOU/ECT@ECT, Pamela Sonnier/HOU/ECT@ECT,
Jarrod Cyprow/HOU/ECT@ECT, Sheetal Patel/HOU/ECT@ECT, Gordon
Heaney/Corp/Enron@ENRON, Souad Mahmassani/Corp/Enron@ENRON, William S
Bradford/HOU/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT, Nidia
Mendoza/HOU/ECT@ECT, Tanya Rohauer/HOU/ECT@ECT, Brant Reves/HOU/ECT@ECT, Rod
Nelson/LON/ECT@ECT, Tracy Ngo/PDX/ECT@ECT, John Suttle/HOU/ECT@ECT, Lesli
Campbell/HOU/ECT@ECT, Molly Harris/HOU/ECT@ECT, Veronica
Espinoza/Corp/Enron@ENRON, Paul Radous/Corp/Enron@ENRON, Wendi
LeBrocq/Corp/Enron@Enron, Brad Schneider/Corp/Enron@Enron, Brent
Hendry/NA/Enron@Enron, Sara Shackleton/HOU/ECT@ECT, Carol St
Clair/HOU/ECT@ECT, Susan Bailey/HOU/ECT@ECT, Mary Cook/HOU/ECT@ECT, Samantha
Boyd/NA/Enron@Enron, Robert Bruce/NA/Enron@Enron, Stephanie
Panus/NA/Enron@Enron, Mary Solmonson/HOU/ECT@ECT, Marilyn
Colbert/HOU/ECT@ECT, Diane Ellstrom/HOU/ECT@ECT, Lynn E Shivers/HOU/ECT@ECT,
Bill D Hare/HOU/ECT@ect, Leslie Reeves/HOU/ECT@ECT, Jason Moore/HOU/ECT@ECT,
Dianne Seib/CAL/ECT@ECT, Samuel Schott/HOU/ECT@ECT, Anthony
Campos/HOU/ECT@ECT, Bernice Rodriguez/HOU/ECT@ECT, Mary G
Gosnell/HOU/ECT@ECT, Dale Neuner/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT,
Frank L Davis/HOU/ECT@ECT, Carrie Southard/LON/ECT@ECT, Amber
Ebow/HOU/ECT@ECT, Adnan Patel/Corp/Enron@ENRON, Melissa Ann
Murphy/HOU/ECT@ECT, Stacey Richardson/HOU/ECT@ECT, Bridgette
Anderson/Corp/Enron@ENRON
cc:
Subject: Assignment/Merchant Energy Group of the Americas, Inc.

We have received the following executed documents:

Consent to Assignment dated as of June 12, 2000 between Merchant Energy Group
of the Americas, Inc. ("MEGA") and ENA, wherein MEGA assigned to Morgan
Stanley Capital Group, Inc.  its interest in certain financial transactions
it had entered into with ENA; and

Amendment to Consent to Assignment dated as of June 13, 2000 wherein  MEGA,
ENA and Morgan Stanley agreed that the Transactions assigned in the above
Agreement will be governed by the ISDA Master Agreement between ENA and
Morgan Stanley.

Copies will be distributed.


Chris--have we cleared the balance yet or is it still sitting out there?

Chris Germany
09/11/2000 03:13 PM
To: Colleen Sullivan/HOU/ECT@ECT
cc: Angie Zeman/Corp/Enron@ENRON, Brad Bangle/Corp/Enron@Enron
Subject: Re: IROQ Parking

Below is a parking problem we have with IROQ.  In this example, we were
notified 1 month after the effective flow date.  Comments?

Angie has documentation from Iroq that she will leave on your desk.

Angie, for now, please schedule this as parked as current day activity.
---------------------- Forwarded by Chris Germany/HOU/ECT on 09/11/2000 03:09
PM ---------------------------

Brad Bangle@ENRON
09/08/2000 10:00 AM
To: Angie Zeman/Corp/Enron@ENRON, Chris Germany/HOU/ECT@ECT
cc: Sherry Anastas/HOU/ECT@ECT
Subject: Re: IROQ Parking

Angie/Chris

Just an FYI update on the Iroquois 06/26 parking issue.  This might be
redundant, but the history is that Iroquois notified us on 07/26/00 that we
were cut 364 MMBtu's (from 24,502 to 24,138) @ Canajoharie on the evening
cycle of 06/26/00 (yes, exactly one month lag in notification), & the cut
volume was placed into PALS.  As I understand it, the late notification was a
trickle down, i.e. Beth @ CNG notified Iroquois on 07/26, & Iroquois notified
us when they found out.  Anyway, the 364 MMBtu's are on the August
Transportation Statement as a beginning balance on 08/01, not withdrawn,
incurring parking charges of $173.77 for the month (364 MMBtu's x 31 days =
11,284 MMBtu's @ $0.0154 = $173.77).  Per Angie's previous e:mail on this
item, it sounds like we've got a problem with the late notification, & this
parking charge is related, & so, may be disputable.  Either way, the volume's
currently not in Unify as parked, & will not show up on the Service
Verification at present.

Are there any updates to the status on this item?  Thanks.

Brad
x 5-7516

Angie Zeman
08/30/2000 05:40 PM
To: Brad Bangle/Corp/Enron@Enron
cc:

Subject: IROQ Parking

Brad-

I got your message this morning, and I'm not ignoring you- I have just been
extremely busy with bid week activities and cleaning for August.  I think I
know what you're talking about, and I handed that issue over to Chris Germany
earlier this month.  I have not followed up with it since then, and that is
my fault.  The main problem I have with this that we were not notified about
the volume change until later the NEXT MONTH which would not be a timely
notification by any means.  I think that Chris was looking into this issue
with Colleen Sulllivan, because of the late notification.  I will badger
Chris in the morning, but I can't guarantee an answer until later this week
after the dust has settled from the 1st.  Thanks for understanding.  -Angie


Randy from operations side we wouldn't have a problem operating the system if
it can be worked out through legal. If it's decided that we will do this
there might be some additional equipment needed. We can get an operating cost
together if you would like.
Thanks
Rich

Jeffery Fawcett
11/27/2000 03:00 PM
To: Randy Rice/OTS/Enron@ENRON, Rich Jolly/ET&S/Enron@ENRON
cc: Susan Scott/ET&S/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON, Kevin
Hyatt/ET&S/Enron@Enron, Mary Kay Miller/ET&S/Enron@ENRON, Drew
Fossum/ET&S/Enron@ENRON, Julia White/ET&S/Enron@ENRON

Subject: Citizens request for proposal

Citizens Utilities is in the process of selling off all of its
non-telecommunications businesses throughout North America.  One of their
principal assets, Louisiana Gas Service (LGS) is one of those companies
recently sold by Citizens.  LGS provided gas control and operations services
to other non-LGS companies, including the Citizens Utilities LDC assets in
Arizona.  With the consummation of the sale of LGS, Citizens has told me
confidentially that they have no reasonable way of operating the
interconnect, metering and 1.5 mile lateral pipeline facilities that
interconnects TW and EPNG to the recently constructed Griffith Energy Power
Plant.   Therefore, Citizens is looking to possibly have a 3rd party provide
contract operations services under an operating agreement.  TW has been asked
in writing by Citizens to consider making a proposal to operate these
facilities.

Does TW have an interest in providing contract operations services for
Citizens?  In a related legal/regulatory question, does TW have the authority
to conduct contract services on behalf of others, or would we have to perform
these services as a separate legal entity?  If we do, does this present an
affiliate problem for us if we "share" operating employees?  If these
threshold questions can be accommodated, and TW is not only able to provide
contract operations services for Citizens, but has a commercial desire to do
so, what would we charge Citizens for this service?  Although it would appear
at first blush to be a relatively simple matter to operate these facilities,
remember that Citizens will be receiving gas (potentially) from both TW and
EPNG simultaneously, presenting not only a challenge to balance pressure
between the pipes, but to account for and reconcile deliveries and receipts
from both pipes as well as the plant site.

Although I'm the principal commercial representative for Citizens as regards
transportation matters, I'm certainly willing to step out of the middle of
this negotiation if Operations desires to handle it themselves.  I will be
happy to provide you a copy of the brief 1/2 page letter Citizens sent to me
on the 17th soliciting TW's interest.   Given the relatively short lead time
until LGS operations is sold, Citizens has requested expedited
consideration.  Please let me know how you want to proceed.  Call if you have
any questions.


No ancillary schedules awarded.  Variances detected.
Variances detected in Generation schedule.
Variances detected in SC Trades schedule.

    LOG MESSAGES:

PARSING FILE -->> H:\Netco Finals\HA0116 Finals.txt

---- Generation Schedule ----
$$$ Variance found in table GEN_SCHEDULE.
     Details: (Hour: 1 / Preferred: 3 / Final: 1.5)
  TRANS_TYPE: FINAL
  MKT_TYPE: HA
  FROM_LOCATION_ID: CARBGN_6_UNIT 1

---- SC Trades Schedule ----
$$$ Variance found in table INT_INTRCHNGE.
     Details: (Hour: 1 / Preferred: GetFieldValue Error: field POWER_QTY not found! / Final: 3.5)
  TRANS_TYPE: FINAL
  MKT_TYPE: HA
  TRADING_SC: AEPS
  FROM_LOCATION_ID: NP15
  SCHED_TYPE: ENGY
  PURCH_SALE: B
$$$ Variance found in table INT_INTRCHNGE.
     Details: (Hour: 1 / Preferred: 10 / Final: 5)
  TRANS_TYPE: FINAL
  MKT_TYPE: HA
  TRADING_SC: ECH1
  FROM_LOCATION_ID: NP15
  SCHED_TYPE: ENGY
  PURCH_SALE: S
$$$ Variance found in table INT_INTRCHNGE.
     Details: (Hour: 1 / Preferred: 1 / Final: 0.8)
  TRANS_TYPE: FINAL
  MKT_TYPE: HA
  TRADING_SC: ECH1
  FROM_LOCATION_ID: SP15
  SCHED_TYPE: ENGY
  PURCH_SALE: B
$$$ Variance found in table INT_INTRCHNGE.
     Details: (Hour: 1 / Preferred: 1 / Final: 0.7)
  TRANS_TYPE: FINAL
  MKT_TYPE: HA
  TRADING_SC: ECH1
  FROM_LOCATION_ID: SP15
  SCHED_TYPE: ENGY
  PURCH_SALE: S


Oops, I sent you the wrong nom...  Here is the correct HPL Nom for August 11,
2000..  Sorry....

(See attached file: hpl0811.xls)

 - hpl0811.xls


Lucy,

Here is a schedule of the most recent utility bills and the overages.  There
are alot of overages.  It will probably get worse this month because of all
the cold weather.

You need to be very clear with all new tenants about the electricity cap.
This needs to be handwritten on all new leases.

I am going to fax you copies of the bills that support this spreadsheet.  We
also need to write a short letter remind everyone about the cap and the need
to conserve energy if they don't want to exceed their cap.  I will write
something today.

Wait until you have copies of the bills and the letter before you start
collecting.

Phillip


just to let you know - s. davis is worth much more than taylor and m.
robinson is worth much more than george (even if george is starting).

garner and toomer for taylor

"Bass, Jason" <Jason.Bass2@COMPAQ.com> on 09/20/2000 12:31:08 PM
To: "'Eric.Bass@enron.com'" <Eric.Bass@enron.com>
cc:
Subject: RE:

For Stephen Davis and Marcus Robinson, I will give you Taylor and George.

You are going to say no to this and I know this, but in 2-3 weeks we will
revisit the offer.

Jason Bass
TSE
Compaq Computer Corporation

 -----Original Message-----
From:  Eric.Bass@enron.com [mailto:Eric.Bass@enron.com]
Sent: Wednesday, September 20, 2000 12:24 PM
To: Bass, Jason
Subject: RE:

that's great!
what do you want for taylor?

"Bass, Jason" <Jason.Bass2@COMPAQ.com> on 09/20/2000 12:09:01 PM

To:   "'Eric.Bass@enron.com'" <Eric.Bass@enron.com>
cc:
Subject:  RE:

Let me quote from another source how I feel about trading Taylor.

"Let me get this right: You've waited three weeks for Taylor to get
healthy,
perhaps costing you a win or two, and now you want to trade him? No. Even
if
you think Taylor's going to get hurt again this year (that's a fairly safe
assumption), this is not the time to trade him. Get him in the lineup this
week and keep him there for a couple of weeks. Then, once his value has
maxed out again, that's the time to consider trading him. By that point,
you'll be offered a whole lot more than Anderson and Dudley."

Now, this does not mean I am unwilling to trade or barter, but I will treat
Taylor as the top 5 running back that he is and I will value him as such.
If that is an arena you want to trade in let me know and I will see what we
might be able to do.

Jason Bass
TSE
Compaq Computer Corporation

 -----Original Message-----
From:     Eric.Bass@enron.com [mailto:Eric.Bass@enron.com]
Sent:     Wednesday, September 20, 2000 12:05 PM
To:  Bass, Jason
Subject:

what do you want for taylor?


Credit previously provided.  Please prepare language to include within this
confirmation and provide such to Joe.

thanks
brant


Ryan, I had already purchased tickets to go to LA and then Las Vegas for that
6 day break i have at the end of the month, so I won't be able to work the
night of the 26th


Did we ever make any progress on this request?

thanks
brant

---------------------- Forwarded by Brant Reves/HOU/ECT on 12/06/2000 07:12
PM ---------------------------

Brant Reves
11/20/2000 10:44 AM
To: Samantha Boyd/NA/Enron@Enron, Stephanie Panus/NA/Enron@Enron, Susan
Bailey/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT
cc: Jennifer Fraser/HOU/ECT@ECT
Subject: Amendment request: Irving

This morning I had a conversation with the management of Irving Pulp & Paper,
Limited.  They have asked us to review the executed Master Agreement, put in
place for pulp and paper hedging, for possible energy commodity trading.  The
original contract was assigned to ENA from ECC.  Could someone please prepare
an amendment per the following request:

currency = USD
MAC = for Irving it should be unilateral
Independant Amount = for Irving it should be $500M.  Also can we include LC:
IMDC/TOR/S/313954, issued by the Bank of Montreal for $1,080,000, expiring
Jul 31, 2001 as an additional amount.  This trade was provided as a specific
term of an individual trade.  I have tried to pull both of the individual
confirmations outstanding but I have had no luck.  Trade numbers of these
deals are:  ns1968 and n09878.

Contact and Address Information:

Mark Bettle
Irving Pulp & Paper Limited
300 Union Street
St. Johns, New Brunswick  E2L 4M3

Let me know if I can be of any futher assistance.

thanks
brant


Thanks for your response.  Brian Dawson had them.
FYI...per Brian's question/suggestions I will be implementing a file check
out policy procedure for our files that will help control their whereabouts.
Starting with the E-schedules and tax files there will be an additional
hanging file folder inside the cabinet with sign out forms inside.  Everyone
will be expected to govern themselves accordingly for file usage.  Thanks for
your cooperation.

Dana

From: Brian Schwertner@ENRON on 01/31/2001 10:09 AM
To: Dana Davis/HOU/ECT@ECT
cc:
Subject: Re: E-Schedules

i do not have them.

	From:  Dana Davis @ ECT                           01/31/2001 09:37 AM

To: Brian Schwertner/NA/Enron@Enron, Rosalyn Lum/Corp/Enron@Enron, Lisa
Best/Corp/Enron@Enron, Lisa King/HOU/ECT@ECT, Kristi
Fredericks/NA/Enron@ENRON, Laynie East/HOU/ECT@ECT, Susan
Rance/NA/Enron@Enron, Stacy Hardy/Corp/Enron@ENRON, Brian K
Dawson/NA/Enron@ENRON, Dana Davis/HOU/ECT@ECT, Tammy Barta/HOU/ECT@ECT,
Rufino Doroteo/HOU/ECT@ECT, Brad Carey/NA/Enron@Enron, Stephen
Wolfe/HOU/ECT@ECT
cc:

Subject: E-Schedules

Who has the E-schedules for co. 1n2 and 272?  Marnie is looking for them and
the aren't in the file cabinet.  Call me and I'll take them to her.

Thanks.

Dana


If I understand you correctly, it may depend to an extent on season basis
differentials as well.
Why don't you give me a call so I could better understand what you're trying
to do.

Kevin
x3-6320


TODAY: AOL and Sony partner,
Macromedia integrates Allaire,
Transmeta challenges Intel and more.
Read on.

================= Advertisement ================
Buy stocks for just $3!

Here's a great way to invest for the long-term.
ShareBuilder lets you make dollar-based investments
in the stocks and index shares you choose.
Transactions cost just $3 ($2 for a child's account!)
and there are no account or investment minimums.

http://service.bfast.com/bfast/click?bfmid=29150849&siteid=38314164&bfpage=home
------------------------------------------------

Featured article this week:
Strong Buys:
AOL and Sony: Microsofts Worst Nightmare.
Salomon Smith Barney released two reports on May 15,
both of which rated AOL Time Warner as Buy. One was
related to a news item, and one examined a facet of
AOLs business in depth. The first report deals with
AOLs HBO network. Salomon examines the networks
business model.
Click here.
http://theinternetanalyst.com/individual/010517sections/strongbuys.asp?i=1

Click here to go directly to the website:
http://theinternetanalyst.com/default.asp?i=2

Or go to AOL Keyword Internet Analyst

Or click here to download the PDF of issue #112:
http://theinternetanalyst.com/pdfversions/010517tianl.pdf?i=3

Or click here to download TIA to your PDA:
http://avantgo.com/channels/detail.html?cha_id=2502

E-mail your feedback to The Internet Analyst at:
mailto:tia@multex.com

Scroll down and click links below to
go right to a specific article:

Strong Buys:
AOL and Sony: Microsofts Worst Nightmare
Click here.
http://theinternetanalyst.com/individual/010517sections/strongbuys.asp?i=4

================= Advertisement ================
Online Trading with a Personal Touch!

If you haven't heard of Scottrade, then you haven't been
trading stocks for $7, while enjoying the security of a
local branch office -- 130+ offices nationwide! Financial
services include: IRAS, CDs, wireless trading, FREE quotes
& charts and no transaction fees on mutual funds! Apply now!

http://www.scottrade.com/index.asp?supbid=2461
------------------------------------------------

The Sell Report:
Razorfish: Still On The Road To Anarchy
Click here.
http://theinternetanalyst.com/individual/010517sections/sellreport.asp?i=5

Upgrades & Downgrades:
Valuation Is Too Rich For Cisco.
Click here.
http://theinternetanalyst.com/individual/010517sections/updown.asp?i=6

Executives Zero In:
Chairman and Chief Executive Office of
Macromedia Discusses The Integration Of
Allaire.
Click here.
http://theinternetanalyst.com/individual/010517sections/zeroin.asp?i=7

The Real Deal:
Gunfight At The Wall Street Corral
Click here.
http://theinternetanalyst.com/individual/010517sections/realdeal.asp?i=8

================= Advertisement ================

Open an account and get commission-free Internet equity trades for
1 month. Plus, you always get 24/7 customer service, e-mail alerts
and free research. Why wait? Learn more at www.ameritrade.com

http://ad.doubleclick.net/clk;2815094;5677087;u?http://www.ameritrade.com/o.cgi?a=dev&o=rjm&p=/html/25mf.fhtml
------------------------------------------------

Venture Capital:
The Private Equity Enigma --
Finding the Five-Tool Company
Part II
Click here.
http://theinternetanalyst.com/individual/010517sections/venture.asp?i=9

The Analyst's Spotlight:
Pacific Growth Equities Analyst Talks
About How Transmeta Is Challenging
Intel And AMD.
Click here.
http://theinternetanalyst.com/individual/010517sections/spotlight.asp?i=10

IPO Update:
Instinet Puts Final Touch on IPO.
Click here.
http://theinternetanalyst.com/individual/010517sections/ipoupdate.asp?i=11

Rants & Raves:
Look At Some Numbers And Go From There.
Click here.
http://theinternetanalyst.com/individual/010517sections/rantrave.asp?i=12

RESEARCH REPORT SPOTLIGHT:
Amazon (AMZN): How much is Amazon's customer base worth?
Not much, according to Prudential, who reiterates its Sell
rating on the e-commerce company. Find out why it thinks
the company isn't worth it's current stock price in its report
which is available for $10.
Click here.
http://multexinvestor.com/AF001215/download.asp?docid=20564860&ticker=amzn&i=13

Put in your two cents worth on the Internet
issues that interest you on The Internet Analyst's
message boards.
Click here.
http://www.sageonline.com/boards/user/non-frames/list.asp?forumid=20210&i=14

Like a specific article? Now you can send it
to a friend with just a click. Check out the
send to a friend feature next to each article.

For article reprints, send e-mail to:
mailto:lopkine@multex.com

To advertise in this e-mail, ASK FOR TIA at:
mailto:advertise@multex.com

If you do not wish to receive further issues of The Internet
Analyst, please click on the REPLY button on your email
software, and reply to THIS e-mail message with the word
UNSUBSCRIBE in the subject line.


Sara-

An agency agreement has been contemplated between Tokyo and Houston.  I
believe it would be best to have Susan Musch advise on this issue, as she is
handling the tax aspects relating to these activities and was also involved
in the arrangements between Sydney and Houston.  I have copied Susan on this
correspondence.

As to the netting issue, please confirm my understanding, that the issues
are; (i) that we do not want different Enron entities (i.e. Enron Japan Corp.
and ENA) entering into ISDAs with the same Japanese counterparties; and (ii)
that if Enron Japan Corp. is transacting with a bank, with which ENA has an
ISDA in place, we would amend such existing ISDA to cover the multibranch
situation.

I have not yet had detailed discussions with Mark regarding the issues you
have raised.

Best regards,

John

	Sara Shackleton@ECT
	08/28/2000 10:48 AM

		 To: John Viverito/Corp/Enron@Enron
		 cc: Madhur Dayal/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT
		 Subject: Enron Japan agreements (ISDA/futures/brokerage)

John:  I just wanted to stay in the loop for Japan as to Gary Hickerson's
FX/rate/equity counterparties.  My understanding from Gary is that  EGM
(through ENA) will continue to hedge the business originating in Japan,
subject to tax and any regulatory input.  I don't know if this has
necessitated an agency arrangement  between Japan and Houston (or another
office, similar to London or Australia).  Also, for netting reasons, Japan
would not duplicate existing counterparty  ISDA's with ENA, and to the extent
Japan is transacting with a bank having an agreement with ENA, we could amend
the agreement for multibranch purposes if necessary (e.g., Bank of Montreal
if the bank is transacting from multiple locations that need to be added to
ENA's agreement).

Please advise if you have already had these discussions with Mark Taylor.  I
look forward to hearing from you.  Sara


Fletch,

In case you need them, my ID and Password are:

TLowell
nhy67ujm


we will get there early and get a table.  it is on 59 feeder in between kirby
and shepherd (north side of 59)

Jason Bass <JBass@stdauto.com> on 03/30/2001 10:13:54 AM
To: "'Eric.Bass@enron.com'" <Eric.Bass@enron.com>
cc:
Subject: RE: funnies

Ok, where exactly is Lupe Tortillas and will we make it to the show by 8??
Isn't there usually an hour wait?

-----Original Message-----
From: Eric.Bass@enron.com [mailto:Eric.Bass@enron.com]
Sent: Friday, March 30, 2001 9:46 AM
To: JBass@stdauto.com
Subject: RE: funnies

we were thinking lupe tortillas @ 6:30

Jason Bass <JBass@stdauto.com> on 03/30/2001 10:08:04 AM

To:?? "'Eric.Bass@enron.com'" <Eric.Bass@enron.com>
cc:
Subject:? RE: funnies

How about we meet at that Restaurant right next to the Aerial theatre at
6:45?

-----Original Message-----
From: Eric.Bass@enron.com [mailto:Eric.Bass@enron.com]
Sent: Friday, March 30, 2001 8:39 AM
To: JBass@stdauto.com
Subject: Re: funnies

i got your tickets

Jason Bass <JBass@stdauto.com> on 03/30/2001 08:51:12 AM

To:
cc:
Subject:? funnies

(See attached file: fortune.jpg)
(See attached file: bombtech.jpg)
(See attached file: airolane.jpg)
(See attached file: watchp.jpg)


Thanks Jeff. I really hope that he agrees. I would think Enron would surely
want to be represented and to make sure its viewpoints are aired, and I know
everyone else feels it is important to learn from this. I just learned that
John Fielder, SCE's Senior Vice President for Regulatory Policy and Affairs,
is confirmed as a panelist.

We are awaiting word from you on the sponsorship, and won't say anything
until you can tell us what.

Best,
Lee

-----Original Message-----
From: Jeff.Dasovich@enron.com [mailto:Jeff.Dasovich@enron.com]
Sent: Friday, October 06, 2000 10:10 AM
To: Lee S. Friedman
Cc: jdasovic@enron.com; tim.belden@enron.com
Subject: Re: Nov. 13 UC summit conference on electricity

Lee:  I'm not certain that it will be possible to get Skilling, but I'll
get back to you soon.  Also, I want to manage expectations a bit about the
possibility of having Enron stream the conference.  Just don't want us to
get ahead of ourselves.  I'd prefer that it not go out in any announcement
at this juncture.  Thanks a bunch.

Best,
Jeff

"Lee S. Friedman"
<lfried@uclink4.ber        To:     "Tim Belden"
<tim.belden@enron.com>, "Jeff Dasovich"
keley.edu>                 <jdasovic@enron.com>
cc:
10/04/2000 05:52 PM        Subject:     Nov. 13 UC
summit conference on electricity

Jeff and Tim,

Tim, I know Jeff knows all about the conference we are organizing and I
hope
you do as well.

Rob, I and the rest of the conference organizers are wondering if you could
help us find out if Jeff Skilling from Enron would be willing to be one of
our panelists? He has been an articulate critic of the current state of our
electricity markets, and we definitely would like the genco perspective
represented.

Naturally we are hoping to get a quick answer because our publicity about
the conference will be going out shortly.

A brief description of the conference is appended below. Please let me know
if you need any additional information.

Thanks very much for your help and advice.
Lee

The summer of San Diego has prompted the School, in collaboration with UC's
Energy Institute and Competition Policy Center, to sponsor a high-level
summit conference on electricity deregulation. The focus, and the audience,
will be national, but heavily informed and influenced by the California
crisis.  The conference will evaluate (1) the wisdom of deregulation and
(2)
how the pitfalls encountered so far can be avoided and remedied. The
University will facilitate an open, honest and reasoned exchange between
executive-level players from various perspectives: industry, regulators,
consumers, legislators, academics, and market and system operators.

The format entails two roundtable discussions with six speakers and a
moderator.  During the panel sessions, the speakers will engage in a
debate/dialogue on the current situation in electricity deregulation, where
we have come from, what the future holds, and what solutions lie on the
horizon. Each speaker will have uninterrupted time to speak, followed by
Q&A
and discussion.  We expect a live audience of about 200, including a large
press presence.  One sponsor has tentatively offered to provide internet
streaming video services.  We hope to have a balanced group of sponsors
ranging from the American Public Power Association to energy companies.

The speakers are being arranged at this time. We have commitments from:
Loretta Lynch (Chair, CPUC), and PJM CEO Phil Harris. We have a preliminary
acceptance from Steven Littlechild (England's former primary electricity
regulator) and Laura Tyson (former Chair, President's Council of Economic
Advisors and National Economic Council, currently Dean, Haas School of
Business). We have invited FERC Commissioner Curt Hebert, and U.S.
Representative Edward
Markey, executive-level managers from several energy companies and state
legislators. Former DOJ chief economist Carl Shapiro will be on one of the
panels, as will economist Severin Borenstein, Director of UCEI and
Professor
of Business and Public Policy. Michael Florio from The Utility Reform
Network (TURN) will be a consumer advocate on one of the panels. Lee
Friedman, economist and Professor of Public Policy, will briefly provide an
introduction to the panel discussions with his talk "Lighting the Stage:
The
Electricity of Deregulation."

A dinner for the panelists and organizers will be hosted at UC's Goldman
School of Public Policy following the conference proceedings. We have
reserved rooms for our speakers at Berkeley's landmark Claremont Hotel. We
can reimburse those speakers who request it for coach airfare expenses and
other ordinary local expenses.

Forfurther information, please contact:
Lee S. Friedman
Professor of Public Policy
Goldman School of Public Policy
University of California
2607 Hearst Avenue
Berkeley, CA 94720-7320
Ph:  (510) 642-7513
Fax: (510) 643-9657
email: lfried@uclink4.berkeley.edu


well, don't seem to be an electronic copy out there.  trying to get a hard
copy.

	Susan Scott
	11/09/2000 09:41 AM

		 To: Jeff Dasovich
		 cc:
		 Subject: New OII

The proceeding is I0011002; I think the order was issued Nov. 2.

---------------------- Forwarded by Susan Scott/ET&S/Enron on 11/09/2000
09:40 AM ---------------------------

Susan Scott
11/06/2000 02:28 PM
To: Jeff Dasovich
cc:

Subject: New OII

Jeff, I read in Gas Daily that the Cal PUC has issued an OII on the adequacy
of supply and pipeline infrastructure in southern California.  Could you have
someone send me a copy of the order whenever it is issued?  Steve thinks it's
something we might want to get involved in, but I need to know more.

Great to see you last week.

Ciao,
Susan


We have not yet received (and I have checked with Dave) any information with
regards to the due diligence completed in terms of how this runs through the
EOL system - eg can Guest Users who will have no transaction status when they
sign a PA see the numbers?  Do the PA and ETA work for Brankrupcty swaps in
each of the jurisdictions will see the swaps?  How many of those
jurisdictions .  These are the issues we are to deal with when you give us
the due diligence work performed.    We only got the contract today.

I know you spoke to Mark Taylor and believe that you discuss  agreed on the 2
weeks timing which I assume is why the 8th March appears.  But please let
Dave know if you want to move the dates radically.  We are purely working on
2 weeks from receiving the info as long as you think we'll get it 2 weeks
before the 8th March then we should have no problems with the press release
below.

Comments on questions
EnronOnline is not a 24 hour system
We don't give out data on numbers of customers on EOL (primarily as its only
about 200).

Louise

Bryan Seyfried
02/18/2000 12:50 PM
To: Louise Kitchen/LON/ECT@ECT, David Forster/LON/ECT@ECT
cc: John Sherriff/LON/ECT@ECT

Subject: Updated EnronCredit.com release and Q&A

Louise - we are adament about including EnronOnline in the initial press
release with a firm date for bringing the products onto the platform.  Please
have a look at the current version and let us know your thoughts.

If you would like to discuss please give me a call.

Thanks

bs
---------------------- Forwarded by Bryan Seyfried/LON/ECT on 18/02/2000
12:44 ---------------------------

Eva Hoeffelman
18/02/2000 12:37
To: John Sherriff/LON/ECT@ECT, Bryan Seyfried/LON/ECT@ECT
cc: Katja Schilling/LON/ECT@ECT, Jackie Gentle/LON/ECT@ECT

Subject: Updated EnronCredit.com release and Q&A

I have incorporated the points made this morning in release and Q&A.

TX
Eva


ool. At keast one Reliant guy is on our side with IEP.
----- Forwarded by Susan J Mara/NA/Enron on 12/13/2000 02:22 PM -----

	richard_n_wheatley@reliantenergy.com
	12/13/2000 01:16 PM

		 To: Susan.J.Mara@enron.com
		 cc:
		 Subject: Re: Comments on conference call

I'll be on vacation Tuesday, but am reachable by phone. And, yes, my
position is that I want trade associations taking a firm stance in cases
such as we face in Calif.

Having worked with many trade groups over the years, including API, IPAA,
SGA, AGA and the various Mid-Continent O/G assns. as a lobbyist and from a
public affairs standpoint, know a weak assn. does one no good in the long
run. It's imperative that the stronger members drive the process.

Unfortunately, arriving at consensus is far from easy, and many trade
groups would rather let the individual companies get out front because the
assn. can't reach consensus among its wishy-washy members.

We've had to do that somewhat in Calif. and have been working very hard
with selected media on our own to educate them since the issue arose in the
summer. Believe we are making headway, but can't let up now.

RW


We may not give guest access to see credit derivatives products to any
customer without approval from legal.

I will send lists of customers for whom I have received the approval in
advance - if any request for guest access specifically to see credit
derivatives is received, please chack with:

US  Mark Taylor
Europe Edmund Cooper.

Please note that the Credit derivatives guest customer currently set up is
for internal users.

NO CREDIT DERIVATIVES PROFILES OF ANY SORT MAY BE ISSUED TO CUSTOMERS FROM
THE  FOLLOWING JURISDICTIONS:

CANADA
FRANCE
SPAIN
ITALY
IRELAND
NETHERLANDS

rgds

M

ps - Mark/ Edmund,

pse let me know if you have alternates.


Jim, good idea.  I had not thought about that.  Thanks. Lynn

 -----Original Message-----
From: 	Studebaker, James
Sent:	Wednesday, August 22, 2001 4:26 PM
To:	Blair, Lynn
Subject:	The Pop Up Notice

Lynn,

I talked with John Buchanan and we decided not to do the pop up notice for the new scheduled quantities report because we reserved that means of communication for instant critical notices.  So, we are going to send an email notice to all users using the email distribution list that we have for critical notices.  This email list should cover all active users whether they are online users or EDI users.  Also, I can put more info in an email notice.

Jim


Please see attached file titled "MWindRiver" first.

 - MWindRiv.DOC
 - Blacklin.DOC
 - Blacklin.DOC
 - Blacklin.DOC
 - Blacklin.DOC
 - Blacklin.DOC
 - Blacklin.DOC
 - Blacklin.DOC
 - Blacklin.DOC
 - Blacklin.DOC
 - Blacklin.DOC
 - Blacklin.DOC
 - Blacklin.DOC
 - WindRive.DOC
 - Blacklin.DOC
 - Blacklin.DOC


I'll be calling in from out of the office, as will Sheila.


Richard Sanders and I talked with Elizabeth (an attorney with AEP).  She was
not sure that their was a question that needed to be answered.  Richard
opined that the question may have related to the effect on HPL if it lost the
Taub lawsuit.  This suit relates to an alleged violation of the surface
rights agreement (Collateral Agreement) which was entered into with certain
surface owners after the Unit Agreement was signed.  Richard explained that
if HPL lost the suit, it would lose its rights to maintain a pipeline and
well facilities on the property subject to the lawsuit.  In that event HPL
would have to either locate its pipeline around the property or  use its
condemnation rights to acquire an easement across the property.  Because the
Collateral Agreement relates to surface rights, losing those rights would not
affect HPL's rights under the Unit Agreement and thus the Taubs would not
have the right to drill a well to produce the gas that HPL has in storage.


Please do not forget to send me the update on Canadian agreements.

Thanks, have a great weekend!

Debra Perlingiere
Enron North America Corp.
1400 Smith Street, EB 3885
Houston, Texas 77002
dperlin@enron.com
Phone 713-853-7658
Fax  713-646-3490


Diane,

The Chicago region is just me.  If you need my salary, let me know.  I travel
to Chicago about once a month ($1,750/Trip).  I am a CPA so I like to take
about 30 hours of classes per year.  I sincerely apologize about my
tardiness.  Thanks so much for your help.

DG    3-9573


Attached please find the EPMI Power Credit Watch List as of 03/27/01.  Please
direct any questions and/or comments to the Credit Hotline (713-853-1803).

Please note that SEATTLE CITY & LIGHT has been added to the watchlist.

Thank you,
Veronica Gonzalez


Hi  Jeff,

I am following up on  a confidential manuscript I sent you a few days ago of "Digital Storm  - Fresh business strategies from the Electronic Marketplace".  Is is a book about B2B E-Commerce and E-Markets after the hype. It will be  distributed by Wiley this summer as an A+ title (lead category) and Hasso  Plattner, CEO of SAP wrote the preface.

Enron is  featured as the most successful marketplace to date with a bright  future.

I was wondering,  whether you would like to include a testimonial for the book.  It would certainly also be good marketing for Enron's entry into new  marketplaces. For your convenience I include a potential  quote:

Running  the world's largest electronic marketplace, we embrace the opportunities and  challenges of B2B E-Commerce. In 'Digital Storm' Philipp Gerbert and his  colleagues give a powerful analysis of what has been learnt and invaluable  insights for future strategies in this area.
(you can of course  write what you want; more ideas are in the attachment, which also contains  additional information).

I apologize that  this is a bit urgent - the deadline is Friday this week  May 18th).

I very much hope  that you enjoy the manuscript. Perhaps you would be interested to further  discuss the ideas.

Best regards, Phil  Gerbert

PS: Due to the  urgency I used your e-mail from our McKinsey alumni directory.  PhG

New address and phone  number:
Phil A. Gerbert
Partner
The McKenna Group
2350 W. El Camino Real, Ste.  200
Mountain View, CA 94040,  USA

phone direct: (1-650)  919-4477
cell phone: (1-650) 814 3914
phone assistant: (1-650) 919-4520  (Dinh Tran)
fax: (1-650) 494 - 8660

 - Jeff Skilling.doc


Attached below are the two files for TW CMS/TMS requirements on flow direction and current process for inside/outside the path requirements.

Please review these documents and let me know if you have any questions or  corrections to apply to either document by COB
8/31/01.

Linda, please keep me in the loop on both of the projects since they interface directly with TMS.

Thanks Ramona


The report named: VaR and Off-Peak Position Report By Trader <http://erv.corp.enron.com/linkFromExcel.asp?report_cd=23&report_name=VaR+and+Off-Peak+Position+Report+By+Trader&category_cd=5&category_name=EAST&toc_hide=1&sTV1=5&TV1Exp=Y&current_efct_date=10/02/2001>, published as of 10/02/2001 is now available for viewing on the website.

(Revision: 4)


Andreas,

I shall be glad to serve as the Chairman.
I am currently located in Enron N.A.

It stands for Enron North America. In Enron the orgchart changes every
3 months.

Vince

"Andreas Simou" <andreas@garpmail.com> on 09/20/2000 06:38:09 AM
To: <Vince.J.Kaminski@enron.com>
cc:
Subject: The GARP 2001 Convention

Dear Vince
?
I would like to invite you to Chair the stream on  Energy and Corporate risk
management at the GARP Convention. Is this something  that would be of
interest to you?
?
Also, can I please confirm, because I am having a  few IT problems at
present, that the following title is correct for  you:

Vince Kaminski, Managing Director, Research, Enron  Corp.
I look forward to your response in due course.
?
Kind regards
?
Andreas

____________________________
Andreas Simou
GARP 2001 - Conference  Producer
Tel? +44 (0) 20 7626 9301
Fax +44 (0) 20 7626  9900


Discussion regarding the duplicate invoices & Balance before bookout statements.


----- Forwarded by Steven J Kean/NA/Enron on 02/28/2001 02:48 PM -----

	Jeff Dasovich
	Sent by: Jeff Dasovich
	02/16/2001 08:49 AM

		 To: Sandra McCubbin/NA/Enron@Enron, Susan J Mara/NA/Enron@ENRON,
MDay@GMSSR.com, Hedy Govenar <hgovenar@mail.acom2.com> @ ENRON, Scott Govenar
<sgovenar@govadv.com>, Paul Kaufman/PDX/ECT@ECT, James D
Steffes/NA/Enron@Enron, Harry Kingerski/NA/Enron@Enron, Richard
Shapiro/NA/Enron@Enron, skean@enron.com, mpalmer@enron.com, Karen
Denne/Corp/Enron@ENRON, BTC <BCragg@GMSSR.com>
		 cc:
		 Subject: Ken Lay's email to Sen. Brulte

Greetings All:

First, I am apologizing in advance for any typos in this email.  Schedule is
very tight, but I wanted to make sure that everyone had it first thing this
morning, with some back-up info that I've included below.

Attached is the email that was sent to Ken Lay's office yesterday evening for
delivery to Sen. Brulte.  It's of course confidential.  Few points:

I don't have Bev's email, so if you could please forward to her, that would
be appreciated.
As we discussed (Jim, Mike, Bev, Scott, Hedy) on our lengthy call on
Wednesday, I'm assuming that the plan is still to "wallpaper" Sacramento with
our proposed legislation.
This email does not contain the legislation.  Mike sent the "final" versions
of our legislation out yesterday, except for the siting piece, which I
believe Brian Cragg of Mike's office is finalizing today.
You'll note that we promise Senator Brulte in the email that we'll deliver to
his office today the proposed legislation.  Again, based on our call on
Wednesday, I'm assuming that we would simultaneously release the proposed
legislation to the rest of the world at the same time.
When we spoke on Wednesday, we decided that the Sacramento team would
determine to whom we would circulate the proposed legislation at the same
time that we deliver the Senator Brulte. I'm assuming that you folks will
handle that end of things.  Please let us know at your convenience to whom
you've decided to circulate.
This email does, however, include a "summary" of our proposed legislation.
But I'm not certain that the summary included in this email is the
appropriate language to distribute "to the world," or if we'll need instead
to tailor some new language.  I think we all agreed that we need a "one
pager" to accompany the legislative package so that we can communicate the
package effectively.
We also discussed the need to quickly develop a coalition to support our
proposals.  We didn't finalize that plan.  Perhaps the Sacramento team could
propose a plan to do that.  Perhaps we could start with our friends in the
Direct Access coalition?
We also talked about the need at this point to engage in PR and to get the PR
machinery activated, also with the goal of effectively communicating our
legislative package/message.  We're in a meeting with folks today where we
can discuss getting that side of things going and Karen Denne has contacted
Marathon and they're pondering some things that we can do in the near term.
You'll note that there's a considerable amount of information about the DWR
credit issue.  As I recollect, we discussed the issue in depth on the call.
You note that attached to the email is a "legislative fix" to AB1X that could
solve the credit issue and an attached set of "taking points" related to a
second alternative to solving the credit issue:  a PUC order clarifying that
DWR will get its money for power purchase costs.
Note also that Steve Kean reminded me that we've got to continue to push to
get the utilities out of the merchant function.  Accordingly, I've put a
brief paragraph on that issue in the note to Brulte in the last section
(legislative solution) under the topic "create a real competitive retail
market in California."  To the best of my knowledge, we don't have
legislative language on that piece yet, and it seems that we'll need to
discuss it in considerably more depth before doing so.

If you have any questions about any of the materials in the email, please
don't hesitate to contact me or Jim or Sandi to discuss.  I can be best
reached to day by pager at 888.916.7184.

Thanks to all for helping pull this together.

Best,
Jeff

----- Forwarded by Jeff Dasovich/NA/Enron on 02/16/2001 08:27 AM -----

	Jeff Dasovich
	Sent by: Jeff Dasovich
	02/15/2001 06:11 PM

		 To: jdasovic@enron.com, skean@enron.com, Richard Shapiro/NA/Enron@Enron,
James D Steffes/NA/Enron@Enron
		 cc:
		 Subject:

Steve:
Here's a substantially more cleaned-version, with attachments.  There's a
hard copy on your chair.

Best,
Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 02/15/2001 05:57 PM -----

	Jeff Dasovich
	Sent by: Jeff Dasovich
	02/15/2001 05:56 PM

		 To: jdasovic@enron.com
		 cc:
		 Subject:

Jim:
It was a pleasure speaking with you yesterday.  Based on our conversation,
this email includes the following:

An Enron contact to discuss developing small-scale generation on Tribal lands.

Our views on the impediments to distributed generation and suggestions on how
to remove those impediments.

A description of the credit issues that continue to impede DWR,s ability to
sign contracts with power suppliers, and options to resolve them. Two
possible options for addressing the credit issue are 1) a California PUC
order clarifying that DWR will recover its power purchase costs through
rates, and 2) an amendment to AB1X designed to accomplish the same goal.  I
have attached talking points regarding the California PUC order and proposed
amendments to AB1X.  We believe that an amendment to AB1X is the preferable
option.

Our assessment of the supply/demand picture in California.

Our suggestions for a legislative package designed to solve both the near-
and long-term electricity crisis in California.  We will deliver to your
office tomorrow detailed legislative language.  In those materials we will
also identify existing bills that we believe can easily accommodate our
proposed language.

I hope that the information is useful.  Please do not hesitate to contact me
if you would like to discuss these materials further, or if there is anything
else that I can do to assist you.

Regards,
Ken

Contact Information to Discuss Interest Expressed by Native American Tribes
in Installing Small-scale Generation on Tribal Lands

David Parquet, Vice-President
Enron North America
101 California Street, Suite 1950
San Francisco, CA 94111
Phone: 415.782.7820
Fax: 415.782.7851

2. Key Barriers to Distributed Generation

Excessive and Unnecessary Utility Stand-by Charges

Solution: The executive orders issued by the Governor on February 14th took a
step in the right direction.  Utility stand-by charges have always been
designed by the utilities to protect their monopoly position, extract
monopoly prices from customers, or both.  But there is no reason to limit the
elimination of these charges to generation facilities that are less than
1MW.  These limits will only lengthen unnecessarily the time it takes for
California to close the significant gap between supply and demand and reduce
the risk of black outs this summer.  We would propose lifting the cap by
offering amendments to SB27X, which is designed to facilitate development of
distributed generation.

Excessive delays and costs related to interconnecting facilities with
investor-owned and municipal utilities

Solution:   The Governor,s executive order regarding interconnection is a
step in the right direction*D-D-26-01 requires utilities to complete
interconnection studies within 7 days.  California should ensure that this
requirement applies to all generation facilities, including distributed
generation.  In addition, the financial conflicts the utilities face when
interconnecting generation facilities are simply too powerful to overcome
through executive orders or other regulations.  To the greatest extent
possible, California should shift control over interconnection away from the
utility and place that control with the California ISO.  This could be
accomplished through amendments to SB 27X.

Permitting and Air Quality Issues
Developers of distributed (i.e., &on-site8) generation that is 50 MWs or
greater must receive certification from the California Energy Commission and
therefore face all of the impediments to development that large-scale
generation faces.

Solution: California should ensure that the executive orders (D-22-01 thru
D-26-01) issued by the Governor to expedite plant siting and maximize plant
output apply equally to smaller scale, &distributed generation8 facilities.
In addition, distributed generation that is less than 50 MWs continues to
face local opposition.  The State should ensure that local, parochial
interests cannot block otherwise beneficial distributed generation projects.
These objectives could be accomplished through amendments to SB27X.

3. Credit Concerns Regarding Authority Granted to DWR in AB1X to Purchase
Electricity on Behalf of the Utilities

Enron responded to the RFP issued by DWR to enter into power contracts with
suppliers.
Enron is in active discussions with DWR to establish contract terms with the
goal of entering into a power purchase agreement as soon as possible.
However, ambiguities contained in AB1X have created significant credit risk
concerns that need to be resolved in order to finalize contract terms.
We understand that the lion,s share of counterparties share Enron,s credit
risk concerns.
Enron has proposed several options for resolving the credit risk issues and
is working with DWR to arrive at a solution that is mutually agreeable to
both sides and that might serve as a template for power purchase agreements
going forward.

Summary of the Source of the Credit Risk Issue

Ambiguous Ratemaking Authority
The language in AB1X is ambiguous as to whether DWR has any authority to
charge California ratepayers for the costs of purchasing power.  From our
analysis of the bill, the language in AB1X appears to leave intact the
California PUC,s exclusive jurisdiction over ratemaking in California.  As
such, suppliers have no assurance that the PUC will agree to include in rates
adequate charges to cover DWR,s costs of power purchases.

Ambiguous Regulatory Authority Regarding Contract &Prudence8
The language in AB1X leaves open the possibility that the California Public
Utilities Commission could determine that power purchases made by DWR are
&imprudent.8  On the basis of such a finding, the CPUC could then refuse to
allow DWR to collect from ratepayers the costs associated with its power
purchases.  Consequently, suppliers have no assurance that the PUC will agree
to include in rates the charges to cover the costs of power contracts that
DWR has entered into with suppliers.

Ambiguous Language Regarding the Ratemaking Mechanism that Will Be Used to
Recover DWR,s Costs of Power Purchases
In addition to the ambiguity regarding ratemaking and regulatory authority
noted above, the language in the bill is equally ambiguous with respect to
the specific ratemaking &mechanics8 that AB1X directs the PUC to employ to
permit DWR to recover its power purchase costs. Based on our analysis, it is
extremely difficult to determine how the PUC would design the rates to ensure
DWR recovers its power purchase costs.  Moreover, as currently drafted, it is
difficult to determine whether AB1X would even permit the PUC to include in
rates all of the charges necessary to fully recover DWR,s power purchase
costs.  Again, this ambiguity raises significant credit risk concerns since
suppliers have little assurance that DWR will have the ability to recover
from ratepayers the costs of purchasing power.

Options to Resolve Concerns Regarding Credit Risk

We have been working diligently with DWR officials to resolve the credit risk
issues.  We have identified three options:

Amend AB1X
The amendments, which are attached to this email, would clarify that a) the
PUC would accept as &prudent and reasonable8 all purchase costs incurred by
DWR, and b) the PUC is obligated to include in rates the charges necessary to
ensure that DWR fully recovers its costs of power purchases.  This is the
preferred option, though we understand that the there may be some political
challenges standing in the way of amending AB1X.  (See attached file
entitled, &AmendAB1X.doc8.)

Clarify the Ambiguities in AB1X through an Order Issued by the PUC, and
through Contract Language
This is the option that we are currently working with DWR officials to
implement.  However, it is more complicated and could take significantly more
time to implement than the "legislative" fix.  We have attached electronic
copies of the talking points related to the order that the California PUC
would need to issue under this option.  (See attached file entitled,
&cpuctalkingpoints.doc.8)

Make Use of Other Instruments Designed to Address Credit Risk
As indicated in our letter responding to DWR,s RFP, we are willing to accept
other forms of credit from DWR.  Those options include a letter of credit,
cash prepayment, or an acceptable form of collateral.  DWR officials have
indicated to us that DWR prefers to pursue the second options. That is, DWR
prefers to clarify the ambiguities in AB1X through a PUC order and through
contract amendments.

4. California,s Supply-demand Picture Heading into Summer 2001

Both the California Energy Commission and Cambridge Energy Research
Associates (CERA), a private sector energy think tank, have issued reports
showing that California faces a severe supply-demand imbalance.  They differ
only on how much and how soon additional supply will be made available.  All
credible sources agree that supply will be very tight throughout the Summer
of 2001 and that unless a solution is found immediately, blackouts are
likely.

CEC and CERA both forecast that California will be short of supply this
summer by approximately 5,000 MW.   These numbers are in line with our
estimates.  California,s supply base currently has a 6% capacity margin, well
below the average 15-20%, which is recommended for reliable system operation
in the West.  Since the West relies more heavily upon hydroelectric power
than other regions, reserves are particularly important, owing to the
unpredictability of the weather and the dry year the West has experienced to
date. In the event of a low rain and snow period, the system must possess the
flexibility to respond to the reduced availability of power supply.
California,s very low reserve margin makes it especially susceptible to this
requirement.

Other reasons for reduced supply for the Summer of 2001 include the early
draw-down of reservoirs in the continual effort to manage California's severe
supply-demand gap; emissions restrictions on existing plants; and a reduced
number of customers who can be curtailed under their contracts with the
utilities.  Cambridge Energy Research Associates asserts that at the current
pace of siting, permitting and construction, adequate supplies will not be
added to correct the market imbalance until 2003 at the earliest.

CERA predicts that California is likely to face approximately 20 hours of
rolling black outs this summer.  The CEC paints a considerably more
optimistic scenario, betting that California will bring an additional 5,000
MWs on line to meet peaking summer demand.  It is our view that California
should view the CEC's "rosy scenario" with considerable skepticism.

5. Suggested Package of Legislative Proposals Designed to Solve California,s
Electricity Crisis

This email offers an overview of our proposed legislative solution.  We will
deliver to your office tomorrow specific legislative language and existing
bills that we believe can accommodate our proposals.

As we have suggested throughout the crisis, any solution to California's
crisis must focus on four issues:

Increase supply
Decrease demand
Establish a truly competitive retail electricity market
Return California,s Investor-owned utilities to solvency

Increase supply--Legislative vehicle: SB28X (Sher)
To site and construct a power plant in Texas takes approximately 2 years.
Enron and others have completed the entire process in other states in less
than a year.  In California, it takes about six years, or longer.

The Governor,s executive orders and Senator Sher,s siting reform legislation
are steps in the right direction.  Our suggested amendments can improve those
efforts by further addressing the difficulties that project developers face
in securing air emission reduction credits to meet the air permit
requirements included in the CEC's certification requirements.  Enron,s
proposal seeks to streamline the process for 1) obtaining credits and 2)
transfering credits between air districts.  In addition, it creates an
innovative emissions reduction bank to allow project sponsors to fund
emissions in advance of obtaining certification, and permits the affected air
districts to use those funds to finance projects that will produce the
required reductions in pollution emissions.

Decrease demand*Legislative Vehicle:   AB31X (Wright)
Because of the delay in getting a solution in place in California, closing
the supply-demand gap through energy conservation and efficiency offers the
best chance of avoiding blackouts this summer.  This can be accomplished most
effectively and quickly in two ways:

Buy-down demand
California is tapping into an enormous amount of money from the General Fund
to finance DWR,s power purchases.  California could likely reduce demand more
economically by running an auction to determine the payments businesses would
be willing to receive to reduce their demand for a sustained period (e.g.,
through the summer months).  DWR could easily run an on-line auction to
determine the price it could pay for these demand reductions.  To
participate, businesses would be required to have the metering equipment
necessary to monitor and verify that they are actually achieving the
reductions.  Enron has developed an on-line auction software package, &Deal
Bench,8 that it would be willing to contribute to the effort.

Use Price Signals to Incent Voluntary Curtailment
To be successful, customers need access to the following key elements:

An internet based hour-ahead price posting system to track the market price
for hour-ahead power in real time.
Real-time metering systems for baseline demand and voluntarily curtailment
verification.
Settlement process that allows for market clearing prices of energy to be
paid for load reduction (&Negawatts8).

The potential benefits of an effective demand response program would include:

&creation8 of additional summer peaking capacity in California, particularly
in the short term, without requiring construction of additional generation
resources.
reduction of  peak or super-peak load on the over-stressed California
electric system, thus potentially reducing the overall cost of electricity in
the state.
fostering of demand elasticity without subjecting customers to the full risk
of hourly market price volatility by passing market price signals to
customers and allowing them to voluntarily shed load and be compensated for
responding.

We estimate that we could generate a summer 2001 on-peak demand response in
excess of 400 MW during certain high cost hours, and a demand response for
summer 2002 on-peak hours that could exceed 1000 MW.  We further estimate
that the market response to this program from all ESPs could be 2 to 3 times
that amount.  We recommend that the State of California provide rebates
directly to customers to fund the installation of advanced metering and
control systems that would support load curtailment implementation.

Establish a truly competitive retail electricity market*Legislative vehicle:
SB27X
The only customers who were protected from price volatility in San Diego were
customers who chose Direct Access and signed fixed price deals with energy
service providers.  Ironically, AB1X takes that important option away from
customers and businesses.  It is critical that AB1X be amended to remove the
prohibition against Direct Access.

Enron's legislative proposal would give customers freedom to enter into a
direct access transaction, while simultaneously addressing the Department of
Water Resources' concerns about stranded power costs that might result from
customer migration.

In addition, California will only achieve a competitive retail market when
the utility is removed completely from the procurement function.  Procurement
is not a utility core competency, as evidenced by the dire financial
condition in which the utilities now find themselves.  California should
therefore begin immediately to phase the utility out of the procurement
function entirely, with the goal of having all customers served by a
non-utility provider within 36 months.  To execute the transition, California
should hold a series of competitive solicitations over the 36-month period in
which competing service providers would bid for the right to serve segments
of utility load.

Return California,s Investor-owned utilities to solvency*Legislative vehicle:
AB18X
Utility bankruptcy will not increase supply and it will not decrease demand.
In short, bankruptcy does nothing to solve California,s supply-demand
imbalance.  In addition, bankruptcy increases the likelihood that consumers
and businesses will bear the significant financial risks of having California
State government assume the role of &electricity buyer8 for an extended
period of time.  Finally, bankruptcy will undermine both investor confidence
in California's energy markets and the private sector's willingness to
participate in that market.

California can return the utilities to financial solvency by implementing a
series of staged rate increases.  California should design those rate
increases with the dual goal of returning the utilities to solvency without
&shocking8 the economy or household budgets For example, California could
amortize the recovery of the utilities, past debt over a 5-10 year period.
In addition, the magnitude of the rate increase can be reduced in two ways:
First, the utilities could absorb some portion of their existing debt in
recognition of the risk they accepted when they agreed to the structure of AB
1890.  Second, California can &net8 the revenues the utilities have received
from selling electricity into the Power Exchange against the debts they have
accrued due to the retail price cap.


Sibyl:  We are faxing signature pages now.
We have confirmation that the prior fax (in its entirety) went through.
Call if you have a problem.
Sara

 -----Original Message-----
From: 	Shackleton, Sara
Sent:	Tuesday, November 06, 2001 3:30 PM
To:	'"Peyer, Sibyl" <sibyl.peyer@gs.com>@ENRON'
Subject:	RE: new account agreement

Sibyl:  We are faxing docs now.  Sara

Sara Shackleton
Enron Wholesale Services
1400 Smith Street, EB3801a
Houston, TX  77002
Ph:  (713) 853-5620
Fax: (713) 646-3490

 -----Original Message-----
From: 	"Peyer, Sibyl" <sibyl.peyer@gs.com>@ENRON
Sent:	Tuesday, November 06, 2001 1:13 PM
To:	Shackleton, Sara
Subject:	RE: new account agreement

Tried to call with more questions:
Where is the money coming from?
Why is this trade being done out of this entity and not Enron Corp like the
others?

-----Original Message-----
From: Peyer, Sibyl
Sent: Tuesday, November 06, 2001 1:42 PM
To: 'Shackleton, Sara'
Subject: RE: new account agreement

Hi Sara
No one here seems to know anything about ERMT Corp.
Can you confirm it's not a regulated entity?  (Public Utility, etc.)
Can we get a copy of its Cert. of Incorporation (whatever you have in your
files is fine.)
Anything else you can tell me about the activity of the entity would also be
helpful.

Thanks.

-----Original Message-----
From: Shackleton, Sara [mailto:Sara.Shackleton@ENRON.com]
Sent: Tuesday, November 06, 2001 12:57 PM
To: Peyer, Sibyl
Subject: new account agreement

Sibyl:

Did you want me to dupe the Enron Corp. documents, i.e., change
signature lines?
I have a copy of the Corporate Account Agreement (including the
Schedule) but not the Repo.

Thanks.  Sara

Sara Shackleton
Enron Wholesale Services
1400 Smith Street, EB3801a
Houston, TX  77002
Ph:  (713) 853-5620
Fax: (713) 646-3490

**********************************************************************
This e-mail is the property of Enron Corp. and/or its relevant affiliate and
may contain confidential and privileged material for the sole use of the
intended recipient (s). Any review, use, distribution or disclosure by
others is strictly prohibited. If you are not the intended recipient (or
authorized to receive for the recipient), please contact the sender or reply
to Enron Corp. at enron.messaging.administration@enron.com and delete all
copies of the message. This e-mail (and any attachments hereto) are not
intended to be an offer (or an acceptance) and do not create or evidence a
binding and enforceable contract between Enron Corp. (or any of its
affiliates) and the intended recipient or any other party, and may not be
relied on by anyone as the basis of a contract by estoppel or otherwise.
Thank you.
**********************************************************************


Dear Salomon Smith Barney Client:

Your Salomon Smith Barney trade confirmation(s) has been delivered to Salomon Smith Barney Access for online viewing. To view your trade confirmation(s) online, click on the link below. You will be required to enter your Salomon Smith Barney Access User Name and Password.

https://www.salomonsmithbarney.com/cgi-bin/edelivery/econfirm.pl?47d10745b585f445e58555143323030313

Note: If you cannot access your confirmation through the link provided in this e-mail, "cut and paste" or type the full URL into your browser. You can also choose to view your confirmations directly from your Salomon Smith Barney Access Portfolio page by clicking the Portfolio tab and selecting "Confirms".

Any prospectuses related to these trade confirmations will be sent under separate cover. If you opted to receive your prospectuses online, you will receive an e-mail notice when they are available for online viewing.

If you are experiencing difficulty when viewing your confirmation online, you may need to adjust your Adobe Acrobat Options settings or upgrade your Adobe Acrobat software.  Please visit our Frequently Asked Questions area on Adobe Acrobat for assistance:

https://www.salomonsmithbarney.com/cust_srv/faq/

If you have any questions or need any assistance viewing your trade confirmations online, please contact the Online Client Service Center at 1-800-221-3636 (available 24 hours, seven days a week). If you have questions about the trades that generated the confirms, please contact your Salomon Smith Barney Financial Consultant.

Thank you.
Salomon Smith Barney

Please do not respond to this e-mail.

Salomon Smith Barney Access is a registered service mark of Salomon Smith Barney Inc.


Hi Ben,

Thanks for the note.  Let me suggest that we get together on Friday, 18 Feb
at 2:30-3:00 i my office.  Please confirm.  I look forward to meeting you.

Cheers,

Dave Jemison

 .....................................................

 David B. Jemison
Senior Associate Dean for Academic Affairs
Foster Parker Centennial Professor of Management and Finance
Texas Business School   GSB 2.104
University of Texas at Austin
Austin, TX  78712
Voice: (512) 471-8757   Fax: (512) 471-7725
David.Jemison@bus.utexas.edu

-----Original Message-----
From: Benjamin Rogers [mailto:brogers2@ect.enron.com]
Sent: Tuesday, February 08, 2000 4:20 PM
To: David.Jemison@bus.utexas.edu
Subject: School Visit!

Mr. Jemison:

My name is Ben Rogers and I am currently applying to The Texas Business
School for the Fall of 2000. I was referred to you by David Martin, graduate
of the Business School and the son of John Martin, former Finance Professor.
I have worked with David at Enron for a couple of years and have learned a
great deal about the School.  I was also referred to you by Kyle Kettler,
who graduated from the Business School in 1998 and who worked in the
investment fund. I have been working in several different finance positions
within Enron for the last two and a half years.  Before coming to Enron I
worked for three years in a portfolio management group with State Street
Bank in Boston. I am very interested in the combination of energy and
corporate finance and have the desire to continue working in these
industries after business school, specifically with an Investment Bank in
their M&A department. I am coming to visit the school on Friday, Feb. 18th
and was wondering if you had time to talk to me about the Business School.
I have also read  "Managing Acquisitions"  and I am very interested in your
courses.  If you could please let me know if your available, I would greatly
appreciate it. If your not available that day, I would still like to talk
with you about the program and your courses. You can either e-mail me back
or you can reach me at Enron in Houston at (713) 853-7998. Please let me
know if you want me to send you my resume, so that you have a better
understanding of my background. The admissions office has my complete
application with my resume. Thanks in advance for taking the time to talk
with me. Hope to hear from you soon.

Ben Rogers

 - att1.htm


if you want a jet allocation we need to talk about it.  as fare as these folks are concerned they get zero hours.  make thaat clear to avaition, or call liz and tell her to cancel their authorization.

-----Original Message-----
From: Fallon, Jim
Sent: Wed 08/08/2001 14:43
To: Whalley, Greg
Cc:
Subject: FW: Corp Jet Summary

On a serious note - it would appear that a fair number of folks get personal allocations for the corporate jet.  Do I get any allocation for personal aircraft usage above my current compensation level?

Regards,
Jim
 -----Original Message-----
From:   Pearce, Barry
Sent:   Tuesday, August 07, 2001 6:07 PM
To:     Fallon, Jim
Subject:        Corp Jet Summary

<<Corp Aircraft Summary.xls>>

B.


- Experiencing God Week 9.doc


Tom-  Is it OK with you this Saturday?   Lyne

----- Original Message -----
From: Mary Martin
Sent: Tuesday, October 16, 2001 12:20 PM
To: Lyne Martin
Subject: Re: Visit

Sorry I've been so absent. My weekends have pretty
much just been catching up on my chores. I'd love to
have dinner with you either Sat.10/20 or 10/27.
I'm house sitting at Barb & Rick's this week
(281/482-8069) and then at Michael's next week
(713/868-9776). I'll be at Ken & Mary Ann's on the
Saturdays.
Also I would like to do Halloween with ya'll, if
you're gonna do your usual trick or treating. Maybe
I'll catch up with Tom downtown and take the HOV home
with him that day.
See ya soon!
Love,
Mary
--- Lyne Martin <lynemartin@msn.com> wrote:
> Hi Aunt Mary!  This is Matthew.  I have been wanting
> to come see you.  I have been talking about you for
> the last 2 days and everytime we go somewhere, I
> tell my Mom, "Let's go see Aunt Mary" now.  I hope
> to see you soon.
>
> Love,  Matthew
>
>
> Mary - We were wondering if you would like to come
> over for dinner sometime in the next few weekends.
> LyneGet more from the Web.  FREE MSN Explorer
> download : http://explorer.msn.com
>
__________________________________________________
Do You Yahoo!?
Make a great connection at Yahoo! Personals.
http://personals.yahoo.com


Steve,

You requested that I put together a Knowledge Management working group.

To tell you the truth, I got the best support from Elizabeth Linnell.  She
did a splendid job of coordination and had great ideas of implementation.
She kept the group alive.

Our main obstacle, aside from other responsibilities, is that other groups,
specially the eKnow team liked the idea so much that they started calling
everything "knowledge management" or "expert " without a clear idea of all
the implications.

A positive discovery was that throughout Enron there are a number of efforts
that are trying achieve a better situation with respect to information,
communication and knowledge.  Unfortunately many of this groups are not a
priority within their business units.

We have an operational  pilot webpage with some interesting content.

We also drafted two documents.  A first draft of a business plan and a theory
support document with respect to knowledge.

Our last meeting must have been around August and it is my fault that we have
not met again but it has to do with my workload in Mexico.  I hope to
continue with this project by establishing a monthly meeting to arrive to the
full launch of ther program in our area  A.S.A.P or whenever you set the
deadline (2nd quarter 2001?)

I would recommend  implementation but, perhaps due to Elizabeth's and my
responsibilities we would need someone else that devotes more time to the
implementation of this project.

I think it would be important to develop a working group for training within
our area.  They could develop programs, ask for changes in current programs
so that they are also focused to what we do.  Promote the assistance of our
team to different courses, internal and external, etc.

Please call if I can be of assistance.

Best,

Ricardo

	Steven J Kean
	Sent by: Maureen McVicker
	11/20/2000 10:12 AM

		 To: Jose Bestard/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Scott Bolton/Enron
Communications@Enron Communications, Hap Boyd/EWC/Enron@Enron, Jeff
Brown/NA/Enron@Enron, Ricardo Charvel/NA/Enron@Enron, Paul Dawson/Govt.
Affairs/LON/ECT@ECT, Joe Hillings/Corp/Enron@ENRON, Harry
Kingerski/NA/Enron@Enron, Nicholas O'Day/AP/Enron@Enron, Richard
Shapiro/NA/Enron@Enron, James D Steffes/NA/Enron@Enron
		 cc: Richard Shapiro/NA/Enron@Enron, Mark Schroeder/LON/ECT@ECT, Marcia A
Linton/NA/Enron@Enron, Ginger Dernehl/NA/Enron@Enron, Lora
Sullivan/Corp/Enron@ENRON, Rubena
Buerger/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Tracy Cooper/Enron
Communications@Enron Communications, Beverley Ashcroft/LON/ECT@ECT
		 Subject: WORKING GROUP PROGRESS

Please provide me an update on the progress of the working group you have led
this year.  There are several things I would like you to cover in this regard.

Did the working group function through the year or was it terminated (I
recognize there may be good reasons for the latter, but would like to
understand those reasons).

What did the group accomplish?

Would you recommend continuing it?   Any changes?

Are there other topics we should consider for working groups in the future?
Any changes to the working group process itself?

Please provide input on the individuals you worked with.  You should be able
to do this through the PEP system.  If you cannot, please provide the
feedback by confidential e-mail to me.  Because the PRC is coming up soon,
please provide the feedback by December 1.


The Vacation Carry-Over Report is due to Payroll by the end of this week.
Below are the days that the system shows for your carry over.  Please let
me know if this is correct as soon as possible.

Vince Kaminski   40.00 hours
Stephen Bennett  30.00 hours
Anita DuPont   14.00 hours
Seksan Kiatsupaibul  20.00 hours
Sandeep Kohli   40.00 hours
Kate Lucas   40.00 hours
Youyi Feng   36.00 hours
Shane Green   40.00 hours
Jose Marquez   40.00 hours
Kevin Moore   13.00 hours
Mike Roberts   40.00 hours
Sam Smith   10.50 hours
Hector Campos   40.00 hours
Rabi De   10.00 hours
Shalesh Ganjoo  40.00 hours
Paulo Issler   40.00 hours
Martin Lin   40.00 hours
Zimin Lu   40.00 hours
Kenneth Parkhill   10.00 hours
Roman Zadorozhny  40.00 hours
Joe Hrgovcic   40.00 hours
Nelson Neale   10.00 hours
Vasant Shanbhogue  28.00 hours
Lance Cunningham  -4.00 hours
Tom Halliburton   14.00 hours
Alex Huang   40.00 hours
Praveen Mellacheruvu  14.00 hours
Jason Sokolov   8.32 hours
Tanya Tamarchenko  40.00 hours
Sevil Yaman   13.32 hours

Thanks!

Shirley


Chaun Roberts (conf.rm)


Transwestern Pipeline Co. posted new notice(s) since our last check at
12/13/2000 4:00:01 PM, the newest notice looks like:

 Capacity Constraint, Dec 13 2000  4:03PM, Dec 14 2000  9:00AM, Dec 15 2000
8:59AM, 2241, Allocation - San Juan Lateral

Please click the following to go to the web site for detail.

http://ios.ets.enron.com/infoPostings/shared/et_noncritical_notice.asp?company
=60


Sorry, just read this e-mail and don't think I did the trade you are
referring to.  Let me know.  Fletch


---------------------- Forwarded by Scott Neal/HOU/ECT on 04/05/2001 12:42 PM
---------------------------

"barry crouch" <bcrouch@hotmail.com> on 04/04/2001 03:07:22 PM
To: billnealmd@hotmail.com, chrisn@thisco.com, muddywaters@hubserv.com,
sneal@ect.enron.com, todd.neal@chron.com, sneal12@mindspring.com
cc:
Subject: house

i can;t get my e-mail to go to conrad, so here we go. i have replaced the
window that conrad cloud broke to get in the house. i also washed all the
slip covers, as he had a dog in there with him. i don;t know if he is out of
jail or not at this time, i have not seen him. will continue to keep a close
watch on the house.  barry
_________________________________________________________________
Get your FREE download of MSN Explorer at http://explorer.msn.com


All gas controllers must complete the Skills Qualification Manual (SQM) by June 1,2002.  For those who have not completed SMQ please contact you assigned verifier when you are ready.  The current status as of March 18, 2002 is listed below:

	Completed
Jerry Graves
Steve Coash	2/15/02
Jeff Cochran	2/15/02
Helen Cummings	2/22/02
Crandal Hardy	3/12/02
Alan Muntz	3/12/02

Dale Ratliff
Roy Armitage	2/22/02
Rory Calhoun	3/6/02
Ron Spain	3/12/02
Gayle Henley	3/11/02

Darrell Schoolcraft
Rodney Barnes	2/28/02
Jesse Alvarado	2/26/02
Richard Barry	2/20/02
Keith Braswell	2/21/02
Rob Munson	2/23/02

Gary Spraggins
Jeff Moore	3/15/02
Margaret Hall	2/21/02
Ed Welsh
Bart Monden	3/15/02

If you have any questions call me at xs31534

Dale


Christian,

About two years ago I asked Joe Hrgovcic
to look tinto EVT applications. As far as I know
he is the only person in the group, in addition to me, looking at EVT.

Vince

Christian Werner@ENRON_DEVELOPMENT on 08/18/2000 07:00:42 PM
To: Vince J Kaminski@ECT
cc:
Subject: extreme value theory applied to weathet

---------------------- Forwarded by Christian Werner/ENRON_DEVELOPMENT on
19/08/2000 10:06 ---------------------------

Christian Werner on 19/08/2000 02:08:56
To: Vince.Kaminski@enron.com
cc:

Subject: extreme value theory applied to weather

---------------------- Forwarded by Christian Werner/ENRON_DEVELOPMENT on
19/08/2000 01:15 ---------------------------

Christian Werner on 19/08/2000 01:55:56
To: vkamins@enron.com
cc:

Subject: extreme value theory applied to weather

Dear Vince,

Back in July, when you visited our Sydney office you mentioned extreme value
theory. I am wondering whether research is looking into the application
of extreme value theory to power and esp. to weather. In a recent news
article it was highlighted that a trend in the industry towards t_max, t_min,
etc.

I am in particular referring to the news article below:

http://213.219.22.254/i-wex/resources/ef290600.htm

In the past we have observed a similar trend where customers are asking for
t_max, t_min, or below or above precipitation structures. The choice in the
past has been the burn analysis on historical data. However, we are in
particular interested in the extreme events, and the application of EVT could
provide a meaningful tool for the analysis.

Has the research group looked into the application of EVT to weather? EVT has
a long history of application in hydrology (which would cover parts
of the precipitation structures...). Also, research (esp. at ETH in Zuerich)
is indicating the application of EVT to V@R....

Thank you!

Regards,
Christian


Paul Flack asked me to ask each of you if you have received any materials relating to lawsuits about which you have not yet informed us.  Paul's question arises from our learning about a motion that was filed in federal court in Texarkana in a case styled Davis, et al. v. Enron, et al., in which you were named as defendants, and about which we have received no prior notice.

Thank you for your assistance.

Terri Richardson
Assistant to J.C. Nickens

This e-mail and any attached files may be confidential and subject to attorney/client privilege. If you received it in error, please immediately notify the sender by return e-mail or by calling (713)654-7600.


Comrades:

How goes the phoning endeavor? Let me know if you are
having any troubles with numbers, names, mysterious
questions or what have you.

Remember the reception for the new admits this
Thursday during the break.  If you can be there, your
presence will be helpful in cementing the connections
we are building.

Thanks very much, JT

__________________________________________________
Do You Yahoo!?
Yahoo! Auctions - buy the things you want at great prices
http://auctions.yahoo.com/


Attached is the (near) final draft of the organization announcement.

If you have any comments, please contact me as soon as possible.


FYI - The desk heads do not get to see p&l sheets for the floor.  Be careful
letting them know what you have.  We also wouldn't want Lavorato to find out
that more people or seeing these reports than he thinks.

Dave


Thanks- You guys need a rest. Have a great holiday. Rick


Western Government Affairs
WEEKLY SCHEDULES
For the Week of May 21 - 25, 2001

Paul Kaufman

Mon  5/21  Houston TX
Tue  5/22  Houston TX
Wed  5/23  Portland OR office, a.m.; Helena, p.m.
Thur  5/24  Helana
Fri  5/25  Portland OR office

Sue Mara

Mon  5/21  San Francisco CA office, a.m.;
10 - 4 Real-TIme Pricing Workshop [2 pm Dentist]
Tue  5/22  San Francisco CA office
Wed  5/23  San Francisco CA office
Thur  5/24  ISO Board, Folsom and IEP Board, Sacramento
Fri  5/25  San Francisco CA office, a.m.;
9 - 11 AReM Meeting
Vacation beginning 11:30 am

Jeff Dasovich

Mon  5/21  San Francisco CA office
Tue  5/22  San Francisco CA office
Wed  5/23  San Francisco CA office
Thur  5/24  Vacation
Fri  5/25  Vacation

Sandi McCubbin

Mon  5/21  Sacramento CA
Tue  5/22  Sacramento CA
Wed  5/23  Sacramento CA
Thur  5/24  Sacramento CA
Fri  5/25  Vacation

Mona Petrochko

Mon  5/21  Dallas TX
Tue  5/22  Washington DC
Wed  5/23  Houston TX
Thur  5/24  Houston TX
Fri  5/25  San Francisco CA

Alan Comnes

Mon  5/21  Portland OR office
Tue  5/22  Portland OR office
Wed  5/23  Portland OR office
Thur  5/24  Portland OR office
Fri  5/25   Portland OR office


Actually, the money that is in Clarica is part pension and part rrsp,
     however the pension money, (that should cause it to be locked in) is
     actually not locked in. I guess that it was not vested. As a result of
     this, I am looking to transfer it all the one rrsp.
     Let me know if you or Jacy have questions.
     Rob

______________________________ Reply Separator _________________________________
Subject: RE: Re[4]: Pension Rollover
Author:  "Tycholiz  Barry" <Barry.Tycholiz@ENRON.com> at Internet-Mail
Date:    8/23/2001 10:07 AM

Jacy called me last night and I think will get in touch with you
today... Is the money that I have with you locked in or part of a RRSP
or is this just going to be self directed income.

BT

PS more e-mails in 1 day than in a lifetime.... wow !!

-----Original Message-----
From: rob_mcdill_at_love-&-persson@ricemail.ricefinancial.com
[mailto:rob_mcdill_at_love-&-persson@ricemail.ricefinancial.com]
Sent: Thursday, August 23, 2001 8:56 AM
To: Tycholiz, Barry
Subject: Re[4]: Pension Rollover

     OK, got it.
     Rob

______________________________ Reply Separator
_________________________________
Subject: RE: Re[2]: Pension Rollover
Author:  "Tycholiz  Barry" <Barry.Tycholiz@ENRON.com> at Internet-Mail
Date:    8/22/2001 1:52 PM

I want to leave those funds with Jacy....

BT

-----Original Message-----
From: rob_mcdill_at_love-&-persson@ricemail.ricefinancial.com
[mailto:rob_mcdill_at_love-&-persson@ricemail.ricefinancial.com]
Sent: Wednesday, August 22, 2001 2:29 PM
To: Tycholiz, Barry
Subject: Re[2]: Pension Rollover

     Barry: I will send a note to Jacy. Also the funds I think we will
go
     into are going to be more heavily weighted towards stocks, but will

     have some bonds as well, that what makes them a balanced fund.
Also,
     do want us to manage the money Jacy has, or do you want to leave it

     with him? No problem either way, just let me know.
     Rob

______________________________ Reply Separator
_________________________________
Subject: RE: Pension Rollover
Author:  "Tycholiz  Barry" <Barry.Tycholiz@ENRON.com> at Internet-Mail
Date:    8/22/2001 10:27 AM

I wasn't worried for a second.

I would like to have these funds in a portfolio that has a better
performance than money markets. I already have a decent amount of money
( 60K) in the Rice portfolio thru andrew agencies in Virden. You may
want to look at exactly what that is, contact Jacy Whyte at Andrew
Agencies... he will get you the details for Kim and I.

Was there a particular index fund you had in mind? What do you mean by
balanced ? Once we put it there I don't plan on touching or managing
this until I return to Canada.

Thanks, talk to you soon.

BT

-----Original Message-----
From: rob_mcdill_at_love-&-persson@ricemail.ricefinancial.com
[mailto:rob_mcdill_at_love-&-persson@ricemail.ricefinancial.com]
Sent: Tuesday, August 21, 2001 4:45 PM
To: Tycholiz, Barry
Subject: Pension Rollover

     Barry:

     You probably thought I had forgotten about you! I had not. I wanted
to
     iron out some areas of concern from my end here. As you know, I am
not
     supposed to do an investment for you while you are a resident of
the
     US. I have discovered that if we put the money into an account and
not
     make moves on it until you move back to Canada, then we can do it
if I
     use a Canadian address. I was advised to put the money into a
balanced
     fund and leave it there for now. My thoughts are to move it to a
     couple of funds in a self administered account and NOT make any
moves
     with it.

     Please review this note, and let me know what you think. If all is
ok
     I will mail you the forms to sign (which you signed here), and we
will
     get this moving.

     Hope all is well with you down there.

     Regards
     Rob

**********************************************************************
This e-mail is the property of Enron Corp. and/or its relevant affiliate

and may
contain confidential and privileged material for the sole use of the
intended
recipient (s). Any review, use, distribution or disclosure by others is
strictly
prohibited. If you are not the intended recipient (or authorized to
receive for
the recipient), please contact the sender or reply to Enron Corp. at
enron.messaging.administration@enron.com and delete all copies of the
message.
This e-mail (and any attachments hereto) are not intended to be an offer

(or an
acceptance) and do not create or evidence a binding and enforceable
contract
between Enron Corp. (or any of its affiliates) and the intended
recipient or any
other party, and may not be relied on by anyone as the basis of a
contract by
estoppel or otherwise. Thank you.
**********************************************************************


Mr. Sanders -

Attached please find pdf version of the Wilson v. PG&E complaint faxed to
you on Friday.

Thank you.
Jane

Jane Chen
Brobeck, Phleger & Harrison, LLP
Assistant to Gary Fergus & Kirstin Wolf
SF ext. 2944
SF rm. 2917
DD (415) 979-2944

 Wilson v. PG&E.pdf
 <<Wilson v. PG&E.pdf>>

=======================================================
This email message is for the sole use of the intended recipient(s) and may
contain confidential and privileged information. Any unauthorized review,
use, disclosure or distribution is prohibited. If you are not the intended
recipient, please contact the sender by reply email and destroy all copies of
the original message.

To reply to our email administrator directly, send an email to
postmaster@brobeck.com
BROBECK PHLEGER & HARRISON LLP
http://www.brobeck.com

 - Wilson v. PG&E.pdf


Hi Theresa, hope you are doing well.

We received a wire from ENA on 10/3/01 for $778,637.99.  This one doesn't ring a bell with me.  Can you tell me what it was for?

Thanks.


The coal team have provided a list of counterparties that they are initially
interested in trading with.  These are a sub set of the whole list that was
sent to you a few days ago.  Both lists are attached in the spreadsheet and
labelled as follows:

Priority - this is a list of the counterparties that the coal team are
initially interested in for trading online (these are also included in the
list entitled Now);
Now - this is the list of the following:
Current coal profiles on EOL
Customers initially reviewed / preapproved but not on EOL yet
New Counterparties for EOL for review

Please note that all these counterparties need to be reviewed as soon as
possible,  with an initial focus on the priority list.

Regards

Arfan
x35378

---------------------- Forwarded by Arfan Aziz/LON/ECT on 13/04/2000 17:49
---------------------------

Edmund Cooper
11/04/2000 19:43
To: Enron London - EOL Product Control Group/LON/ECT@ECT
cc: David Hardy/LON/ECT@ECT, Lee Munden/LON/ECT@ECT, Justin Boyd/LON/ECT@ECT,
Janine Juggins/LON/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT, Mark
Taylor/HOU/ECT@ECT, ECT London Credit, Enron London - EOL Product Control
Group/LON/ECT@ECT, Mark Dilworth/LON/ECT@ECT, Peter Bradley/LON/ECT@ECT,
David Forster/Corp/Enron@Enron, Frank L Davis/HOU/ECT@ECT, Product Control -
Houston, Robert Quick/LON/ECT@ECT, Paul Simons/LON/ECT@ECT

Subject: Re: Coal Counterparties

Please take note of the following:

The revised EOL coal documentation (which is still being worked on), and the
product itself, provides for financial close-out of the contract in certain
circumstances as opposed to physical delivery.  This revised product now
falls within the ambit of regulation for financial settled derivative
products and should therefore be treated as such in your counterparty review.

Please feel free to contact myself or Paul Simons if you have any queries on
the regulatory perspective of this, or myself or Peter Bradley if you have
any queries on the product structure.

Thanks, Edmund.

   Enron London - EOL Product Control Group                04/11/2000 07:35 PM

Sent by: Arfan Aziz
To: David Hardy/LON/ECT@ECT, Lee Munden/LON/ECT@ECT, Edmund
Cooper/LON/ECT@ECT, Justin Boyd/LON/ECT@ECT, Janine Juggins/LON/ECT@ECT,
Debbie R Brackett/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT
cc: ECT London Credit, Enron London - EOL Product Control Group/LON/ECT@ECT,
Mark Dilworth/LON/ECT@ECT, Peter Bradley/LON/ECT@ECT, David
Forster/Corp/Enron@Enron, Frank L Davis/HOU/ECT@ECT, Product Control -
Houston

Subject: Caol Counterparties

Please find attached a list of counterparties for European coal trading that
needs to be reviewed for EOL. The list is made up as follows:

 The first section of this list is a download form EOL and shows the current
access that EOL active counterparties have to coal products.  Can we use
these same profiles when we go live with our European Coal product ?
Please note that T stands for execute status on EOL and R only read access.
Also the column entitled C shows whether the counterparty has With Collateral
(labelled N) or Without Collateral  (labelled Y) GTCs currently marked on EOL.
The second half of this list (which begans at row 1561) are the new
Counterparties that the UK Coal traders would like to get approved for
trading Coal online.
Please note that these customers have not applied for EOL as yet and those
labelled NEW are new to Enron (GCP has also been informed)

Please contact me if you have any further queries,

Regards

Arfan


I am contacting you on the recommendation of Pug Winokur, who is on our Board
of Directors.    Enron has formed an Advisory Council which consists of
academicians, public policy thinkers and media, together with Enron
executives.  I would like to invite you to address the group on E-Commerce
issues at our next meeting  (Friday, September 8th in Houston).

Attached is a list of our Advisory Council members.

I think you will find this group interesting and thought provoking.

Please contact me at your earliest convenience at 713-853-1586.