Jeff,

Thanks for this analysis. I think we would all agree that the solution to
put power
100% in the hand of the state is an extremely frightening proposition.
Unfortunately, it
falls in-line with what Gov. Davis likes to do, which is to control all of
the process himself.
I know John will not be able to digest all of this, but will brief him over
the phone on the
excellent arguments you make here against support for AB1X.

I will give you all feedback from the meetings tomorrow. Thanks for all
your help.

Laura

At 10:02 AM 2/14/2001 -0600, Jeff.Dasovich@enron.com wrote:

>Hi Laura:  I've attached three things, but first wanted to give you a bit
>of an update on events transpiring in Sacramento and at the Public
>Utilities Commission.
>
>Move to Prohibit Customer Choice
>As you may know, AB1X, the bill that the Legislature recently passed and
>the Governor signed, gives the California Department of Water Resources the
>authority to buy power on behalf of the utilities.  Included in that bill,
>however, is a provision that prohibits "Direct Access,"  California's term
>for customer choice.
>
>In sum, the bill, in its current form, prohibits businesses and consumers
>from chosing an alternative energy service provider, like Enron.  Our
>understanding is that the Department of Finance called for the prohibition.
>Their reasoning is that they need a "captive" customer base to pay for the
>bonds that the State will issue in order to finance DWR's power purchases.
>
>Customer choice was of course the foundation of California's restructuring
>law, AB 1890, and is arguably the only bright spot in an otherwise fatally
>flawed plan.  For example, the only businesses and consumers that were
>protected in San Diego when rates were deregulated last year were those
>businesses and consumers that had signed fixed price power deals with
>competitive service providers.  Ironically, the recently passed legislation
>takes choices away from consumers and diminishes their ability to manage
>their energy costs.  Before AB 1890, consumers and businesses had one
>choice--the monopoly  utility.  With the passage of AB 1X, they again will
>have one choice. But this time their only choice will be to buy from a
>government agency DWR.
>
>A broad coalition of consumer groups has expressed its opposition to the
>prohibition and Senator Debra Bowen (a key player on the Senate side), and
>Fred Keeley (a key player on the Assembly side), have promised to "fix" the
>prohibition in another bill "SB27X."  I'll forward in another email the
>language that the coalition has drafted and hopes Bowen and Keeley will
>carry.
>
>Unfortunately, we are now hearing rumors that the Governor intends to
>direct the California Public Utilities to immediately implement the
>provisions of AB1X prohibiting Direct Access, despite the fact that a large
>coalition of consumers and service providers are actively working with Bown
>and Keeley to amend the prohibition language.
>
>It would be extremely useful if the folks participating in the meeting on
>Thursday with the Governor let him know that taking choices away from
>businesses and customers is the wrong way to go and that he and the
>legislative leaders need to work with the coalition to fix it.  You'll note
>in the language developed by the coalition that the proposal strikes a
>reasonable balance between the Dept of Finance's concerns about recouping
>DWR's costs of buying power, and the need to give consumers and businesses
>maximum flexible in managing their energy costs.
>
>Move to Have the State Take Over the Electric Industry in California
>
>John Burton, the Democratic leader of the Senate, insists that, "if
>California is going to 'bail out' the utilities, the State needs to get
>something in return."  Burton wants the state to buy and operate PG&E's and
>Edison's transmission system and create a state power authority that would
>get in the business of (among other things) developing, financing,
>constructing and operating power plants and natural gas pipelines.  Burton
>got both of these bills designed to take over the industry passd out of his
>committee yesterday (SB6X and SB33X).  It is unclear how much support he
>has in the full Senate or in the Assembly, but the possibility of passage
>is certainly greater than zero at this juncture.
>
>Others experts are offering a better alternative.  When the federal
>government helped Chrysler out of its financial difficulties 20 years ago,
>the federal government received stock warrants in return.  Until recently,
>the Governor favored warrants, but more recently he has waivered in his
>statements regarding a state take over.  Burton appears to have negotiating
>leverage with the Governor and appears to be using it.
>
>Again, it would be extremely useful for folks to let the Govenor know in
>the meetings on Thursday that a State take over of the industry is an
>extreme move and bad public policy.  I will forward to you in a separate
>email letters that we sent to Burton expressing our opposition to his bills
>and the reasons for our opposition.  In brief, there is no shortage of
>private capital ready and willing to invest in California's energy
>infrastructure (i.e., power plants, electric transmission lines, gas
>pipelines).  All California needs to do is create the investment climate
>necessary to attract the capital.  In addition, history shows that the
>State is extremely ill-equipped to become California's mega-utility.
>
>Here are the attachments:
>
>    A demand buy-down proposal.  We made this proposal to the Governor (and
>    continue to propose it to policymakers in Sacramento, Washington D.C.
>    and just about everywhere else).  In short, the notion is that, if the
>    market is willing to pay power producers, say, 7 cents/kwh to "produce"
>    power, then the market ought to be willing to pay businesses and
>    consumers 7 cents/kwh to "reduce" power consumption.
>
>    This approach is critical for two reasons:  first, it provides
>    businesses and consumers the financial incentives necessary (and that
>    California currently lacks) to conserve energy and use energy more
>    efficiently.  Second, because California delayed identifying and
>    implementing a solution to California's energy crisis, its options for
>    addressing the severe shortages that are likely occur this summer are
>    very limited.  Reducing demand represents one of the few options that
>    can help to immediately reduce the gap between supply and demand.
>    Putting financial incentives in place now to reduce demand and "free up"
>    electrons is an investment with significant payback.
>
>    A "manifesto" recently released by a group of Berkeley and Stanford
>    economists and industry experts urging the Govenor to pursue a
>    "market-oriented" solution to California's energy crisis.
>
>    An editorial in yesterday's Wall Street Journal by Dan McFadden, a nobel
>    prize-winning economist from Berkeley echoing the proposal advanced in
>    the "manifesto."  McFadden was one of the manifesto's signatories.
>
>Finally, we are working on "model Legislation" proposing a market-based
>solution that we will share with you soon and that we hope the business
>community--and the Valley in particular--can embrace and advocate.
>
>I realize that this is a lot of information and I apologize for the length
>of this note, but I wanted to try to make sure that you're up-to-date.
>Please don't hesitate to give me a call if you'd like to discuss further.
>
>Best,
>Jeff
>
>
>(See attached file: Manifesto-final version.doc)(See attached file:
>McFadden Editorial in WSJ.doc)(See attached file: Demand buy-down
>proposal.doc)
>
>


Type:Single Meeting
Organizer:Haedicke, Mark E.
Start Time:Friday, July 27, 2001 2:00 PM
End Time:Friday, July 27, 2001 2:30 PM
Time Zone:Central Time (US & Canada)
Location:EB3325

*~*~*~*~*~*~*~*~*~*


----- Forwarded by Tana Jones/HOU/ECT on 01/23/2001 09:25 AM -----

	Walter Guidroz@ENRON
	01/22/2001 05:33 PM

		 To: Karen Lambert/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Samuel
Schott/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Brant Reves/HOU/ECT@ECT, Debbie
R Brackett/HOU/ECT@ECT, David Hardy/LON/ECT@ECT, Lesli Campbell/HOU/ECT@ECT,
Cynthia Clark/Corp/Enron@ENRON, Mary G Gosnell/HOU/ECT@ECT, Enron Europe
Global Contracts and Facilities, Enron Europe Global
CounterParty/LON/ECT@ECT, Stephanie Sever/HOU/ECT@ECT, Bradley
Diebner/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT, Adnan Patel/Corp/Enron@ENRON,
Claudia Clark/HOU/ECT@ECT, William S Bradford/HOU/ECT@ECT, Lisa
Lees/HOU/ECT@ECT, Juana Fayett/Corp/Enron@Enron, Jana Morse/Corp/Enron@Enron,
Trang Le/HOU/ECT@ECT, Paul Maley/LON/ECT@ECT, Sonya Clarke/LON/ECT@ECT, Lee
Munden/LON/ECT@ECT, Tim Davies/LON/ECT@ECT, Karen O'Day/NA/Enron@Enron, Tanya
Rohauer/HOU/ECT@ECT, Kelly Lombardi/NA/Enron@Enron, Kelly
Lombardi/NA/Enron@Enron
		 cc:
		 Subject: EOL credit approvals, 1-22-01

Please see attached; thanks.


We have received an executed Assignment and Assumption Agreement by and among
Vidriera Mexicali, S.A. de C.V. ("Mexicali"), Vitro Corporativo, S.A. de C.V.
("Vitro"), and Enron North America Corp. ("ENA"), effective February 6, 2001,
which assigns a trade entered into between Mexicali and ENA from Mexicali to
Vitro.

Copies will be distributed.

Stephanie


Stephanie, Carr have come back to me and say they have some kind of contract with Enron Capital and Trade International but the person I spoke to needs managerial approval to send me a copy.
The manager is my normal contact so will hopefully be able to get a copy tomorrow...

regards

James

-----Original Message-----
From: Panus, Stephanie
Sent: 20 November 2001 16:34
To: Canney, James
Subject: FW: Carr Futures

James,
Can you confirm whether or not ECTRIC has a futures agreement with Carr Futures and what the date of such agreement is?  We need to provide Carr with an Enron Corp. Guaranty.

Thanks,
Stephanie Panus
Senior Legal Specialist
Enron Wholesale Services
1400 Smith Street, EB3803C
Houston, Texas  77002
ph:  713.345.3249
fax:  713.646.3490
email:  stephanie.panus@enron.com

-----Original Message-----
From: Horn, Cindy
Sent: Tuesday, November 20, 2001 10:32 AM
To: Glover, Sheila; Panus, Stephanie
Cc: Hall, D. Todd
Subject: RE: Carr Futures

Please talk to James Canney as he works with Carr daily.  There should be an ECTRIC agreement but have never seen it so....
Thanks Cindy

-----Original Message-----
From: Glover, Sheila
Sent: Tuesday, November 20, 2001 3:58 PM
To: Panus, Stephanie
Cc: Hall, D. Todd; Horn, Cindy
Subject: RE: Carr Futures

Stephanie,
Todd or Cindy may be able to help you. Todd and Cindy: Do you know if ECTRIC has an agreement with CARR Futures?
Sheila

-----Original Message-----
From: Panus, Stephanie
Sent: Tuesday, November 20, 2001 9:55 AM
To: Glover, Sheila
Subject: FW: Carr Futures

Sheila,
Do you know who in London works on futures/brokerage agreements?  I'm trying to find out if ECTRIC has an agreement with Carr.

-----Original Message-----
From: Shackleton, Sara
Sent: Monday, November 19, 2001 5:42 PM
To: Panus, Stephanie
Subject: FW: Carr Futures

Stephanie:

Scroll all the way down to Sheila's original message for contact person and the two Enron companies being guaranteed.  You will need to verify with London that ECTRIC has a futures agreement with Carr (maybe you can get a copy of it for our records).  Can you prepare a draft guaranty and ask Tanya for a cap.  Thanks.  Sara

-----Original Message-----
From: Glover, Sheila
Sent: Monday, November 19, 2001 5:33 PM
To: Rohauer, Tanya; Shackleton, Sara
Subject: RE: Carr Futures

Pls see me original e-mail below.
sg

-----Original Message-----
From: Rohauer, Tanya
Sent: Monday, November 19, 2001 5:24 PM
To: Shackleton, Sara; Glover, Sheila
Subject: FW: Carr Futures

I assume the parties are  ENA and ECTRIC with Carr Futures, Inc. I do not have any information about this though nor do I have a contact.  Sheila can you provide this information to Sara?

-----Original Message-----
From: Shackleton, Sara
Sent: Monday, November 19, 2001 4:37 PM
To: Rohauer, Tanya
Cc: Panus, Stephanie
Subject: FW: Carr Futures

Tanya:  Just let us know the parties and guaranty cap.  I am not familiary with any Carr arrangements other than the ENA futures agreement.  Also, do you have a contact at Carr?

Thanks.  Sara

-----Original Message-----
From: Kitchen, Louise
Sent: Monday, November 19, 2001 2:42 PM
To: Rohauer, Tanya; Shackleton, Sara; Bradford, William S.
Subject: RE: Carr Futures

No objections

-----Original Message-----
From: Rohauer, Tanya
Sent: Monday, November 19, 2001 12:51 PM
To: Shackleton, Sara; Bradford, William S.; Kitchen, Louise
Subject: FW: Carr Futures
Importance: High

Are there any objections to issuing the gty? We just did the same thing last week for FIMAT Issuing seems the simplest rather than having to stop trading, although traditionally we have not issued corp gtys.  Please advise.

Tanya

-----Original Message-----
From: Glover, Sheila
Sent: Monday, November 19, 2001 11:28 AM
To: Rohauer, Tanya
Cc: Su, Ellen
Subject: Carr Futures
Importance: High

Tanya,
I received a call from Carr Futures this morning.  Their parent, Cr?dit Agricole Indosuez, is requesting a parent guanantee to continue trading with Enron North America Corp. and Enron Capital and Trade Resources International.

I spoke with Gary this morning and he said that we could stop trading with them.  I said that others do trade with Carr.  He suggested then that the energy guys can proceed if they wish to continue trading with Carr.

Rick Farina, 312-441-4420, called me with Larry Anderson and Patty Chambers.

How do you want to proceed?

Sheila


Kay and Carlos:

Greg Lang advises that they are targeting a financial closing with their
lenders on Thursday, April 19.  If this bears out, the escrow would be
funded three business days later, on Tuesday, April 24.  However, ENA can
terminate the letter agreement if the escrow is not funded on or before
Friday, April 20.  Therefore, PPL may (although I have not confirmed their
intent in this regard) fund the escrow immediately following their financial
closing, rather than waiting the three business days.  They are proceeding
under the assumption that an acceleration of payments to GE will be
negotiated.  If not, Plan B (the "non-disturbance" lien) requires additional
documentation with their lenders and with ENA that may result in some delay.
Resolution of this issue is obviously critical to the timetable.  Let me
know if you have any questions or comments.  Thanks.

Carolyn M. Campbell
King & Spalding
713-276-7307 (phone)
713-751-3280 (fax)
ccampbell@kslaw.com <mailto:ccampbell@kslaw.com>

Confidentiality Notice
This message is being sent by or on behalf of a lawyer.  It is intended
exclusively for the individual or entity to which it is addressed.  This
communication may contain information that is proprietary, privileged or
confidential or otherwise legally exempt from disclosure.  If you are not the
named addressee, you are not authorized to read, print, retain, copy or
disseminate this message or any part of it.  If you have received this
message in error, please notify the sender immediately by e-mail and delete
all copies of the message.


Thanks for calling.  As discussed, please  see the attached letter.

I look forward to working with you on this agreement.

Best regards,

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


Mr Skilling,

I would like the opportunity to talk to you at some point to discuss your vision and goals for the Broadband
Operating System (BOS), and strategic development in general in Enron/EBS.

Since EBS is currently focused almost exclusively on short-term tactical delivery  (which it should be), I'm not
sure how strategic efforts like the BOS fits into those goals.   Balancing these tactical vs. strategic goals is
becoming _very_ difficult.  Indeed, because of the current customer-specific tactical deliverables, there is
very little strategic development going on in general in EBS.  Yet I know that BOS is still a very important
deliverable.

I want to make sure we're doing everything we need to do to support your goals and vision for EBS.

It would _really_ help me if I could hear a little bit more about your short/med/long term goals for the BOS,
and perhaps some of your thoughts about EBS' technology and products in general.  Then we could discuss
ways to properly balance the tactical and strategic efforts to achieve those goals.

---

On a different topic, I understand that you are currently thinking about potential projects for the Xcelerator.
And I understand that you are focusing on technical products and capabilities that do not overlap the current
& past initiatives at other business units.  I think that there are many great opportunities in that approach.

I have seen a number of very interesting product concepts from various people in Enron that
would fit that model perfectly.  And I'm sure there are many many more.   As a sample, I've attached
a short document  listing just a few of the technology-focused ideas that I have heard about.

I also included the idea of commercializing BOS as a stand-alone product on that list.  Perhaps this is
one way that BOS could continue developing within Enron without interfering with the current tactical focus.
Obviously, EBS would still be the primary customer for BOS no matter how it is developed.

....just a thought....

Thank you for your time.

		-larry

---------

Lawrence A. Ciscon           Enron Broadband Services, Inc.
VP Software Architecture     1400 Smith Street
Phone: (713)345-7757         Mail Stop 4517
larry_ciscon@enron.net       Houston, TX 77002


The attached file contains our daily volume requirements for    and  the
following day(s) as listed .    There are three  worksheets labelled as
follows:

'Total Reqs':  Contains the volumes that CES is requesting from Enron at each
of the delivery points and dates indicated in the columns labelled "NOM".
The
Enron schedulers will want to check this sheet to see how much gas is needed
at
a specific point.   The AGL volumes are not timely and should be ignored until
further notice.    CES schedulers note:  the attached file is archived on
P:\Energy Ops\Enron\April_00\Daily\ *.xls, so you don't have to save a
duplicate copy elsewhere on the network.
'Daily Change' :  shows the change (increase +/decrease -) in the daily volume
needed from Enron at the designated citygate delivery point relative to the
supply volumes arranged previously with Enron prior to the current date.  For
the current gas day, the change is an intra-day change and is calculated using
the previous day's volume request for the current day (e.g., If the current
gas
day is 3/28, then the change is computed with respect to the 3/27 request for
3/28.  Note that this procedure assumes that the prior day supply change was
in
fact effectuated).  For tomorrow's gas day and any subsequent ones shown, the
change is computed as the latest Dth Nomination requirement less the
First-of-the-month supply volume plus or minus any adjustments made since the
first-of-the-month to the FOM supply for the (future) days shown.  (e.g., If
today is 3/28, then the change for 3/29, 3/30, etc. is computed with respect
to
the first-of-the-month volumes for those days adjusted for any additional
purchases or sell-backs since the first-of-the-month thru 3/27.)   This sheet
should be useful in determining prices for daily changes in gas volumes that
we
take or turn back.   The column labelled "ENA Daily Swing +/- vs FOM volume'
shows the absolute magnitude of the daily swings allowed by ENA at
pre-specified prices.  Prices for Swing volumes exceeding these magnitudes or
for swings at delivery points without pre-specified pricing must be
negotiated.
'TCO Storage':  Shows the daily swings taken by CES on its (paper) storage
injection for the month.    Daily swings on TCO storage may be used to meet
some or all of the daily swings at delivery points off TCO as shown in the
"Daily Change' worksheet.   Omitted pending resolution of TCO storage issues.

Doug Kinney
Ph:  703-561-6339
Fax:  703-561-7317

 - 04-13-00 Daily VolsAM.xls


MARK YOUR LUNCH CALENDARS NOW !

You are invited to attend the EWS Brown Bag Lunch Series

Featuring:  MICHAEL L. MILLER

Topic:  Principal Investments

Thursday, May 17, 2001
11:30 a.m. - 12:30 p.m.
EB 5 C2

You bring your lunch,										Limited Seating
We provide drinks and dessert.								RSVP  e-mail Kathie Grabstald
													      or call x 3-9610


Does anyone have this file?  If so, can I borrow it for 5 minutes?  Thanks.

Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com


Doug -- Following up on our discussion, attached is the single definition of
ERCOT Unplanned B product currently traded on EOL.  Although a different
transition can be arranged with EOL, they ordinarily show a 'banner' on the
day that the product change is instituted and for a couple days afterwards,
stating that the product definition has changed and very briefly summarizing
the change.  Let's talk about what should be done to the definition below.
My understanding is that new Operating Guides are not being published at or
before the June 1 market transition.

----- Forwarded by David Portz/HOU/ECT on 05/07/2001 05:50 PM -----

	Chris Walker/ENRON@enronXgate
	05/07/2001 05:35 PM

		 To: David Portz/HOU/ECT@ECT
		 cc:
		 Subject: ERCOT language

David,

Here is the current description as it appears on EnronOnline.

US Pwr Phy Unp B ERCOT Peak              Jun01           USD/MWh

A US Power Transaction with Enron Power Marketing, Inc. under which the
Seller shall sell and the Buyer shall purchase a quantity of Unplanned B
energy as defined in Section E of Operating Guide No 1 - System Control  of
the most recent version of the Operating Guides of the Electric Reliability
Council of Texas, Inc. ("ERCOT") equal to the Hourly Quantity at the Contract
Price.  The Contract Price shall be as submitted by the Counterparty via the
Website.
The transaction is for the applicable hours as set forth herein on each
Delivery Day for the Effective Date 01 Jun 2001 to the Termination Date 30
Jun 2001.
The transaction is for delivery or receipt of energy within ERCOT that is
"Undelivered" in accordance with the most recent version of the ERCOT Market
Guides.
The price is quoted in US Dollars per unit of volume, which will be the
Contractual Currency.
The unit of measure against which the price is quoted shall be megawatt-hours
(MWh) and the quantity shown shall be in MW's delivered in each applicable
hour for the duration of the Transaction (the "Hourly Quantity').
The transaction is for on-peak ("Peak") hours on each Delivery Day beginning
with the hour ending 0700 (6:00 am) and concluding with the hour ending 2200
(10:00 pm) Central Prevailing Time. "Delivery Day" means a day during the
term of the transaction that is a Monday, Tuesday, Wednesday, Thursday, or
Friday, excluding any day that is a NERC holiday.

CW
3-7533


careful what you say........

----- Original Message -----
From: Andy Mullally
Sent: Monday, February 18, 2002 8:11 PM
To: Mike Snell (E-mail); Chuck & Lisa Hutchinson (E-mail); David Oubrea (E-mail); Les Parker (E-mail); Mike Scott (E-mail); The Harper's (E-mail); The Boeker's (E-mail); The Knipe's (E-mail 2)
Subject: Radio Prank

Be sure and listen to the last sentence. There are a few strong words that
kids don't need to hear.

Regards,
Andy
Andy Mullally
281-225-8013


On Thu, 7 Feb 2002, Robert Lundqvist wrote:

> I have tried to find a neat way to include graphs from R in LaTeX documents,
> but have not succeeded (I work with a WinEdt/MikTeX combination). The two
> roads I have stumbled along so far are the following:
>
> *Generate postscript files and convert them into EPS files by means of
> GhostScript or other not so straightforward tools.

Generate .eps directly by using dev.copy2eps or from the menu on the
graphics window or by following the instructions in ?postscript.
No conversion should be needed.

> *Generate pictex files and include these.

That driver does work but is minimally-featured.  Not recommended.

> None of these solutions have worked so far. I haven't spent so much time
> trying to find out what goes wrong, but since there might both LaTeX gurus
> and R wizards among you, I simply thought it would be better to lean on that
> expertize first. Any suggestions about how to achieve what really should be
> a simple task?

It really is a simple task.  Use dev.copy2eps and then the graphicx
package in latex.  You give us no clue as to your problems, so it is
difficult to give any advice.

--
Brian D. Ripley,                  ripley@stats.ox.ac.uk
Professor of Applied Statistics,  http://www.stats.ox.ac.uk/~ripley/
University of Oxford,             Tel:  +44 1865 272861 (self)
1 South Parks Road,                     +44 1865 272860 (secr)
Oxford OX1 3TG, UK                Fax:  +44 1865 272595

-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-
r-help mailing list -- Read http://www.ci.tuwien.ac.at/~hornik/R/R-FAQ.html
Send "info", "help", or "[un]subscribe"
(in the "body", not the subject !)  To: r-help-request@stat.math.ethz.ch
_._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._


Start Date: 12/20/01; HourAhead hour: 7;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2001122007.txt


You probably saw the announcement that Mike Mcconnell is now CEO of Enron
Global Markets.  EGM will be focussing on a number of new and existing
markets (including coal, LNG, crude and products, interest rates,
agricultural commodities, equities, weather, etc).  One of the markets Mike's
group is actively considering is transport capacity.  I mentioned your work
in the area.  He is anxious to see it and meet with you after he has had a
chance to review it.


Enron North America Corp.

	From:  Shanna Husser @ EES                           02/06/2001 02:08 PM

To: Eric Bass/HOU/ECT@ECT
cc:
Subject: Friday

---------------------- Forwarded by Shanna Husser/HOU/EES on 02/06/2001 02:08
PM ---------------------------

"Ferrarini S (Sheila)" <SFerrarini@equiva.com> on 02/06/2001 02:07:55 PM
To: "'shanna.husser@enron.com'" <shanna.husser@enron.com>
cc:
Subject: Friday

Hey Shanna -

How was your weekend in Louisiana?  Did you and Eric have fun?  I'm emailing
because last weekend I was really sick and had to cancel dinner and dancing.
I went to the doctor and found out I had pneumonia.  I rescheduled dinner
for this Friday, so if you and Eric are free, I would love for the two of
you to come.  Dinner is at Lupe Tortilla at 8:30.  We'll probably go dancing
afterwards!

Let me know if you guys can come.

Take care -
Sheila Ferrarini
Exchange Analyst
EQUIVA Trading Company
Refined Products Inventory Management
Tel:  (713) 277-6236
Fax: (713) 246-8753


Per your request, I have attached all transmission purchased in the Northwest
for calendar year 1999 and 2000.  I have broken it out per customer and
year.  I also have detail of your request if you have any additional
questions.

Diana Schotles


Mark,

Any luck  on finding the original Australian Exchange agreement?

thanks,
lorie


Attached is a copy of the agenda for Thursday's meeting.  In preparation for
the meeting, please think about and be prepared to discuss what "valuation"
means to you in the systems you support or the job you do.

If you have any questions, feel free to contact me at 5-9353.

Thanks.
Chris


PG&E Gen is most interested in Pastoria and had several questions/concerns
that they asked about during my discussion with them:

* What is Enron's intent re: continuing involvement?  PG&E is
concerned about any potential requirements that they might be required to
either purchase fuel from Enron or engage Enron as the power marketer.
* What is status of EPC negotiations.  Will they be required to engage
NEPCO as the EPC contractor?  Does the EPC contractor have control over the
turbines?
* They also questioned whether there would be any "agricultural
restrictions"?

This message is for the named person's use only.  It may contain
confidential, proprietary or legally privileged information.  No
confidentiality or privilege is waived or lost by any mistransmission.
If you receive this message in error, please immediately delete it and all
copies of it from your system, destroy any hard copies of it and notify the
sender.  You must not, directly or indirectly, use, disclose, distribute,
print, or copy any part of this message if you are not the intended
recipient. CREDIT SUISSE GROUP and each of its subsidiaries each reserve
the right to monitor all e-mail communications through its networks.  Any
views expressed in this message are those of the individual sender, except
where the message states otherwise and the sender is authorised to state
them to be the views of any such entity.
Unless otherwise stated, any pricing information given in this message is
indicative only, is subject to change and does not constitute an offer to
deal at any price quoted.
Any reference to the terms of executed transactions should be treated as
preliminary only and subject to our formal written confirmation.


Hi Vince,

I am enclosing a report on my thoughts about risk and return behaviour of an
insurance portfolio. Your input on this will be very helpful.

I have given Vasant a copy of this report and am working with him towards
improving  this. In the mean time, I happened to mention this idea in a
meeting with David  Porter, Per Sekse, Brad Blesie and David Hoog and there
seems to be some  interest in understanding how this works. In fact, David
Hoog subsequently  reviewed this with me and suggested some changes. Those
changes have been included in this report.

The idea here is simple and just a starting point.  While it provides a broad
picture on how risk and return will behave at portfolio level,  I am hoping
to be able to relax some of the assumptions to get more realistic picture in
near future.

Looking forward to your input,

Sincerely,

Amitava


Benjamin:

Southern Energy has decided NOT to pursue the assets in the Mid-West
(Lincoln Center & Wheatland).  Kim Heinz, our project director has notified
CSFB of this decision.  Thanks!

-----Original Message-----
From: Benjamin.Rogers@enron.com [mailto:Benjamin.Rogers@enron.com]
Sent: Monday, October 09, 2000 7:32 PM
To: BEGreen@seiworldwide.com
Subject: Re: Site Visits - Peakers

Barbara:
If you could send me a list of people and their cell phone numbers who are
going to the sites as well as exact times that you will be there, I would
appreciate it.  Please let me know if you have any other questions.
Thanks!
Ben


Kay,

Attached is a form of a reimburseble contract that can be used for the Coop
City project.   I have not read the agreement, but think it is a good
starting point.  I understand you will try to conform it with David Lund's
term sheet.  After you have done so, please distribute it back to us for
review  before you send it to the client, per our phone conversation.  You
will appreicate that I 'm still reserving my comments on the contract since I
have yet to actually read it.

John Schwartzenburg

Shirley Oliver
EECC - Legal Department
(713) 345-5775 Phone
(713) 646-6280 Facsimile
----- Forwarded by Shirley Oliver/ENRON_DEVELOPMENT on 02/01/2001 03:35 PM
-----

	John G Rigby
	12/11/2000 09:49 AM

		 To: John Schwartzenburg/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 cc:
		 Subject: Larry Bishops form of Reimburseable contract for Eletrobolt


i am having the weekend kickoff tonight at woody's.  sat i think i am going
to hit woodrows  to catch the lsu game.  what are you doing?  did you go to
dave matthews?


As we discussed, please let me know if you think the reporter would benefit
from a follow-up conversation
with Scott Gahn - commodity market expert.
Thanks
Peggy

Mona L Petrochko@ENRON
11/27/2000 08:45 PM

To:   Peggy Mahoney/HOU/EES@EES
cc:   Susan J Mara/NA/Enron@ENRON, jdasovic@.enron.com, Sandra
      McCubbin/NA/Enron@Enron, Joseph Alamo/NA/Enron@ENRON, Marcie
      Milner/Corp/Enron@ENRON, Paul Kaufman, Lysa Akin/PDX/ECT@ECT, Mary
      Hain/HOU/ECT@ECT, Alan Comnes, Harry Kingerski/NA/Enron@Enron
Subject:  FW: Interview w/LA Times/Edelman PR Contact List/Tomorrow Consume
      r Advocates Announce Their Energy Plan

I participated in a call with Nancy Vogel, energy reporter from the LA
Times, today and 2 other ARM members, Peter Bray, The New Power Company and
Rick Counihan, Green Mountain.  The conversation was mostly to provide
background on retail issues.  I emphasized that Peter and Rick were the
spokespeople for the coalition and I was there for background purposes
only.  She was very receptive and seemed to grasp the importance of
developing a retail market.

We discussed how AB 1890 was mostly geared toward developing a competitive
wholesale market and provided very little guidance about retail market
structure.  We discussed that during the rate freeze, there was no impetus
for consumers to shop, so long as they were insulated from market prices.
We also stated that the transition period was used more for ensuring
stranded cost recovery and not for developing a retail market structure.
We said that we have been raising the lack of retail market structure in
various proceedings at the CPUC.  Now that deregulation is center stage in
the administration, and likely the legislature, we feel it is important to
include retail competition as a solution to the problems in the market
today.

There was discussion about the utilities being required to purchase on a
spot basis through the PX and passing those costs directly to consumers.
With the spikes over the summer, consumers in San Diego revolted against
such substantial increases, without notice.  Because the retail market was
essentially undeveloped, consumers didn't know they had somewhere else to
go for relief.

Nancy asked why the retail market has not developed.

Rick responded that some of the authors of the legislation either believed
that competition at the wholesale level would provide adequate benefits to
consumers and therefore retail competition was not valuable or that the
rate freeze, insulation from price increases, was an adequate quid pro quo
to utility recovery of stranded costs.  Regulators have moved very slowly
on cost separation issues, allowing the utilities to continue to recover
the costs of their retail services through distribution rates from all
customers, make their prices appear to be cheaper.  Lastly, neither the
legislature nor the Commission determined what the utilities role in the
new restructured environment would be:  are they a pipes/wires company, are
they facilitators for direct access, are they competitors?

We explained that we believe there is a strong reason to define the
utilities obligation to serve residential and small commercial customers
now.  Large customers can take care of themselves.  Why is this important?
As the utilities enter into contracts, they need clarity on for whom they
have an obligation to purchase.  This minimizes any potential for future
stranded cost claims any claims that the utilities could make absent such
direction up front.  Secondly, it reduces the utilities ability to charge
an exit fee or other financial claim on departing customers who decide to
go direct access.

The next piece of the puzzle would be to define the default service for
residential and small commercial customers.  The utility would provide a
fixed-rate product to small residential and commercial customers for a
transitional period of time.  Based upon the San Diego experience, it is
politically imperative that smaller customers have rate certainty.  This
also provides a target against which other service providers can compete.
The utility's price is a fixed price with no true-up.  The utility would
have purchasing flexibility to meet the target price.  The price could be
set by the CPUC.  A certain portion of the utility's purchases will still
be met through spot market purchaes.  Customer migration, res and small
commercial, should not be an issue.

The last piece of the puzzle would be to encourage competition for the
default provider role, ala PECO, where 20% of the residential customers
went through an auction process.  (This issues is important to Shell and
The New Power Company.)

She seemed very interested in the issue, recognized that no one else was
talking about it and she may want to follow up with individuals later.
Getting customer affadavits would be another indicator of value for
developing a retail market that would be helpful for our PR efforts with
ARM and Edelman and for responding to press inquiries.

---------------------- Forwarded by Mona L Petrochko/NA/Enron on 11/27/2000
08:12 PM ---------------------------

"Fairchild, Tracy" <tracy.fairchild@edelman.com> on 11/27/2000 08:10:46 PM

To:   "Aaron Thomas (E-mail)" <athomas@newenergy.com>, "Andrea Weller
      (E-mail)" <aweller@sel.com>, "andrew Chau (E-mail)"
      <anchau@shellus.com>, "Bill Chen (E-mail)" <bchen@newenergy.com>,
      "Douglas Oglesby (E-mail)" <doao@chevron.com>, "Jeffrey Hanson
      (E-mail)" <jeff.hanson@phaser.com>, "jennifer Chamberlin (E-mail)"
      <jnnc@chevron.com>, "john Barthrop (E-mail)"
      <jbarthrop@electric.com>, "John Leslie (E-mail)" <jleslie@luce.com>,
      "Joseph Alamo (E-mail)" <jalamo@enron.com>, "Kathleen Magruder
      (E-mail)" <kmagruder@newpower.com>, "Marcie Milner (E-mail)"
      <Marcie.Milner@enron.com>, "'Michael Nelson'" <mnelson@electric.com>,
      "Mona Petrochko (E-mail)" <mpetroch@enron.com>, "Peter Bray (E-mail)"
      <pbray@newpower.com>, "Rebecca Schlanert (E-mail)"
      <rschlanert@electric.com>, "Richard Counihan (E-mail)"
      <rick.counihan@greenmountain.com>, "Sue Mara (E-mail)"
      <smara@enron.com>
cc:   "Beiser, Megan" <Megan.Beiser@edelman.com>, "Allen, Stevan"
      <stevan.allen@edelman.com>, "Manuel, Erica"
      <Erica.Manuel@edelman.com>, "Warner, Jami" <jami.warner@edelman.com>,
      "Fairchild, Tracy" <tracy.fairchild@edelman.com>

Subject:  FW: Interview w/LA Times/Edelman PR Contact List/Tomorrow Consume
      r Advocates Announce Their Energy Plan

I shall try this again--with the attachment this time.

>  Hello to the ARM Team,
>
> Peter, Rick and Mona did an excellent job briefing LA Times reporter
Nancy
> Vogel on retail energy markets, ARM and ARM's recommendations for changes
> to the current retail markets.  She has just finished what she terms her
> "opus" on dereg and admitted that she has avoided retail up to now and
> said "but the fact that you guys came to see me means I can't do that
> anymore."  She was pleased to be the first reporter to be approached by
> the retail side of the industry to explain "our side of the story" and
> will definitely be in touch with ARM folks in the future regarding
> possible stories.
>
> Attached you will find your contact list for the Edelman team.  Please
> respond with your cell phone, pager and home phone #s as well as the
names
> of your assistant and his/her phone number, if applicable.  We are
> available to you at all times, so please do not hesitate to use the home
> phone numbers that we have provided if you find it necessary.
>
> Heads Up Announcement: California's consumer groups are banding together
> tomorrow for an 11 a.m. Capitol Press conference in Room 1190 to make an
> announcement regarding dereg policy--it is assumed that they will be
> kicking off another initiative-though this has not been confirmed.
>
>  <<ARM Contact List.doc>>
> Tracy Fairchild
> Account Supervisor
> Edelman Public Relations Worldwide
> (916) 442-2331
> tracy.fairchild@edelman.com
>

(See attached file: ARM Contact List.doc)

 - ARM Contact List.doc


Jeff,

I am in the office today.  Any isssues to deal with for the stagecoach?

Phillip


Dear Ken,
The purpose of this message is to request a meeting with you at your convenience.  In light of my work in the past with Enron, I hope this request is not presumptuous on my part; certainly, my intent is to be helpful.  We met briefly five years ago when I was a director at McKinsey working with David Noble at Enron on leadership team and organization issues.  Dave introduced me to you because he felt that my experience was particularly relevant to several of the challenges you were facing.  However, we all concluded that it would be difficult for me to work with Jeff Skilling at that time because of his earlier junior/senior relationship with me at McKinsey.
Shortly after that discussion, I retired from McKinsey on very friendly terms to form my own firm.  Katzenbach Partners LLC specializes in organizational performance, leadership capability, and employee commitment issues.  We have a particularly distinctive competence in helping organizations use cultural and value-based elements to build "peak performance" across important segments or all of the employee base.  We believe we are unique in applying the intellectual creativity and analytical rigor of top strategy firms to these kinds of organizational and cultural challenges.  Our firm now has over fifty highly qualified professionals, and we serve a range of leading and successful companies on these issues.
Based on my previous recollections of some of the people challenges facing Enron and the leadership transition you are likely undergoing, I feel that Katzenbach Partners could be particularly useful to you and your organization right now.  Since leaving McKinsey, I have continued to conduct extensive research in the areas of leadership, cultural change, and employee motivation.  In addition, my firm has significant experience with leading companies helping them organize to establish new values and change cultural behavior to improve enterprise performance.
Based upon our limited current exposure to Enron, the recent number of leadership changes appear very likely to create cultural issues and gaps that may warrant new, creative approaches to realign behaviors and commitment within the company.  If you find these kinds of issues relevant and timely, I would be very interested in meeting to discuss and trade current perspectives.  I will ask my colleague in Houston, Kenny Kurtzman, to call to see if it would be appropriate for us to get together.
Sincerely,
Jon R. Katzenbach
Senior Partner
Katzenbach Partners LLC
381 Park Avenue South, Suite 501
New York, NY  10016
212-213-5505


Ina:
Can you get this paid on a rush basis?
thanks,john
---------------------- Forwarded by John Arnold/HOU/ECT on 02/28/2001 06:53
AM ---------------------------

"Mark Sagel" <msagel@home.com> on 02/02/2001 10:39:38 AM
To: "John Arnold" <jarnold@enron.com>
cc:
Subject: Invoice for advisory work

Attached is an invoice that covers the three-month trial  period.? Hope all
is well.
?
Mark Sagel
 - invoice enron 9938.doc


What is the purpose of this meeting?     I may not be able to make it.

--------- Inline attachment follows ---------

From:  </O=ENRON/OU=NA/CN=RECIPIENTS/CN=KCAMPOS>
Date: Friday, October 12, 2001 7:59:09 GMT
Subject:

Attendees:

Wes Colwell
Brent Price
Kent Castleman
Beth Apollo


Can someone call me at x33399.  I'm in the middle of doing these again and it
won't let me submit the form.

	Enron Messaging Security@ENRON
	03/20/2001 01:08 PM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: Re: eRequests

Good afternoon Ms. Jones,

No request were found for Angela Davis, Linda Sietzema and Sharon Crawford;
if you have the request numbers, please provide them (sometimes eRequest will
not find the client by name).  The request for Marcus Nettelton appears OK.

Have a nice day,
Gary Sta. Maria

From: Tana Jones@ECT on 03/20/2001 10:32 AM
To: Enron Messaging Security/Corp/Enron@ENRON
cc:

Subject: Re: eRequests

I just did a request to get Angela Davis in the Houston Office and Linda
Sietzema and Sharon Crawford in the Calgary offices edit access to the
Financial Trading Agreement Database.  I also requested that Marcus Nettelton
get edit access to the ENA Legal Online Trading Database.  I'm not sure if I
did the "erequest" all ok.  Can you check to make sure your got all four?
Thanks!

	Enron Messaging Security@ENRON
	02/27/2001 01:12 PM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: Re: eRequests 20721 & 20740

Good afternoon,

Please submit an eRequest for the access request (all 5-7 people can be
placed on one request).

To view the Group members, please open the ECT Address book, click on Groups,
then double-click on the name of the group.  Please let us know if there are
any questions.

Have a nice day,
Gary Sta. Maria

From: Tana Jones@ECT on 02/27/2001 11:31 AM
To: Enron Messaging Security/Corp/Enron@ENRON
cc:

Subject: Re: eRequests 20721 & 20740

ECT HOU_LN1/ECT
Legal\new_swp.nsf

I will be having about 5-7 other people that I will need added to this
database.  Should I send these requests back directly to you, or do them
through the system as well?

Also, there are two ways of getting edit access through this database.  One
is for employees of Legal, who can then enter Legal comments, and the other
is for employees of Credit, who can then enter Credit comments.  Do you see
that choice?  Is there some way for me to verify which employees of Legal and
which employees of Credit have what access?  I know that some employees of
Credit have Legal access by mistake.  Can I get lists of the Legal and Credit
breakdowns?

	Enron Messaging Security@ENRON
	02/27/2001 11:17 AM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: eRequests 20721 & 20740

Good morning,

Please provide the path to the Financial Trading Agreement database.  The
information can be found by right-clicking on the database icon, then
selecting Database properties.  The Server and File name will be under the
Basic tab.

Have a nice day,
Gary Sta. Maria
Enron Messaging Security


FYI, wtg to hear from Andy in terms of whom else to distribute to.

----- Forwarded by Carlos Sole/NA/Enron on 05/14/2001 02:08 PM -----

	"Thomas Hetherington" <thetherington@bracepatt.com> 05/14/2001 01:59 PM 	   To: <carlos.sole@enron.com>  cc: <andrew.edison@enron.com>  Subject: Westinghouse Insurance Issues

I have reviewed the insurance policy and selected correspondence relating to the "wet turbine" issue with Westinghouse.  Westinghouse has provided estimates to repair the wet turbine for approximately 5.9 million and to replace it for approximately 3.4 million.  The adjusters for the insurance company have advised in correspondence dated April 25, 2001 that their investigation is ongoing and that Enron should conduct itself as a "prudent uninsured" pending a complete investigation of the claim.  The adjusters have also stated that Underwriter's liability will be limited to the reasonable costs of repairs directly caused by the contact of the turbine unit with sea water.  The adjusters have indicated that additional damage, such as rusting, resulted from a failure to protect the turbine unit following the initial damage caused by the sea water.

Enron is concerned that the replacement cost of the "wet turbine" (approximately 3.4 million) will increase if Enron chooses to delay replacing the unit until the insurance company completes its investigation.  Enron has also asked whether the adjuster's statement that Enron should act as a "prudent uninsured" requires Enron to replace the unit now at the lower cost.  It is my understanding that Enron does not currently have a project in which it could place the turbine.  It is also my understanding the Enron does not know whether the repair or replacement cost is likely to increase should Enron delay repairing or replacing the turbine unit until after the insurance company has completed its investigation.

Section 19.2.1 of the Purchase Contract between Enron and Westinghouse requires Enron to maintain cargo insurance to insure "Equipment against loss or damage arising from customary 'all-risk' marine perils . . ."  Section 19.2.1 also states that the cargo policy must specify Westinghouse as an additional insured.  Although the policy I have reviewed does not specifically name Westinghouse as an additional insured, I am told by Enron representatives that Westinghouse was in fact properly named as an additional insured on the policy.

The policy itself contains several clauses that are important to this analysis.  The Duty of Assured Clause states:

It is the duty of the Insured and their Agents, in all cases, to take such measures as may be reasonable for the purpose of averting or minimizing a loss and to ensure that all rights against carriers, bailees or third parties are properly preserved and exercised.

The policy also contains a Time for Suit Clause which provides in part:

No suit or action on this Policy, for the recovery of any claim, shall be sustainable in any Court of Law or Equity unless the Insured shall have fully complied with all the terms and conditions of this Policy, nor unless commenced within twelve months next after the happening of the loss . . . .

The policy is silent on the specific issue of what happens in the event that repair or replacement costs increase over time.  The policy also does not specifically define a "prudent uninsured."  Under New York law, however, the measure of the duty that is placed on an uninsured owner in this context is that action which a prudent uninsured owner would take under similar circumstances.  See Intermondale Trading Co. v. North River Ins. Co. of New York, 100 F. Supp. 128, 132 (S.D.N.Y. 1951).  Additionally, the Duty of Assured Clause set forth above sets forth a similar "reasonableness" standard for the conduct of the named Insureds under the policy.  Thus, the "prudent uninsured" advisory given by the adjuster is a real standard which Enron must consider in making its determination of whether to replace the "wet turbine."  Furthermore, the insurance company's ongoing investigation will not operate permit an inference of waiver of a contractual limitations period when the insurer advises the insured to act as a prudent uninsured.  See Issa v. Reliance Ins. Co. of New York, 683 F. Supp. 82, 83 (S.D.N.Y. 1988).  Thus, Enron should pay careful attention to the Time for Suit Clause which requires that a suit be brought against the Insurer within one year from the date of loss, in this case sometime in July of 2001.

In light of the policy provisions and the "prudent uninsured" standard, the question becomes whether it is "prudent" for Enron to replace the turbine unit now for 3.4 million or wait until such time as Enron has a use for the unit or until the Insurer agrees to provide full coverage.  It is possible that the adjuster will agree with Westinghouse that the unit was a total loss on the date the initial damage occurred.  However, in view of the adjuster's April correspondence, it is a possibility that the Insurer will maintain that subsequent damage, such as rusting, occurred as a result of Enron and Westinghouse's failure to protect the unit after the initial sea water damage.  In that case, the coverage could be less than the full replacement value.

Enron's decision to pay for a replacement unit now also requires consideration of the disputes between Enron and Westinghouse regarding delivery and risk of loss.  Based on our previous analysis of the delivery issues, Enron has a plausible legal position that Westinghouse should bear the cost to replace or repair the damaged unit.  As an additional insured under the policy and in light of its own legal position, Westinghouse must also conduct itself in a reasonable manner.  Why is it any more prudent for Enron to pay to replace the unit now and fight with the insurance company for full coverage then it is for Westinghouse to do the same thing?  If either party absorbed the cost of the replacement unit now, that party would look first to the Insurer for full coverage and failing that would seek to recover the uninsured portion of the replacement from the other party.  This will not change whether the cost to replace the unit goes up or down.  Further, Westinghouse has control of whether the repair and replacement costs go up or down.  If Enron chooses not to pay to replace the unit now and the cost goes up, Westinghouse would be opening itself up to a larger claim in the event that the Insurer did not cover the full replacement cost.

Finally, it does not appear at this time that Enron is required to purchase the replacement unit now under the "prudent uninsured" standard.  First, Enron has a good faith position that Westinghouse is obligated to replace the unit because risk of loss had not passed to Enron at the time the unit was damaged.  Second, it is our understanding from discussions with Enron representatives that Enron has no reason to believe that the replacement cost will in fact go up over time.  Thus, Enron has no reason to believe that purchasing the replacement unit now will minimize the loss as required by the Duty of Assured Clause.  Third, Enron does not currently have a project in which it can place the unit.  When and if Enron did have a project for the unit, it would seem prudent to go ahead and purchase the replacement at that time.

Based on the above analysis, Enron can make a compelling argument that it has acted prudently and in accordance with the Purchase Contract and the Policy.  Enron should note, however, that the "prudent uninsured" standard will ultimately be determined by the trier of fact.  Thus, it is ultimately a business decision for Enron whether to go ahead and replace the unit now.  Additionally, Enron may wish to consider filing a declaratory judgment action or other claim against Westinghouse, the Insurer or both to determine who will bear the ultimate responsibility with respect to repair and replacement of the damaged unit.

I trust this e-mail is responsive to your request.  If you would like a more detailed analysis in memo form please let me know.

TFAH


Thanks.  As for getting talked into buying all the extras, I'm not as easily
convinced of things as some people I know ( Cow fingers?).  Halloween at the
Big E wasn't nearly as fun as I'd hoped...I mean, they keep the candy in
machines and you have to actually pay for it...that just borders on cruel.

Susan

By the way,  you'll have to question  the college coaches and sports writers
out there if you have any issues with the rankings.  I am merely the
messenger.


Kay,

I took a whack at redlining for CO#1 Fountain Valley Agreement.  You'll need
to do some touch-ups, I believe.

Let me know what other changes will be necessary.

Thanks,

Lee

-----Original Message-----
From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com]
Sent: Monday, December 11, 2000 3:37 PM
To: michael.storm@ss.ps.ge.com
Cc: Ed.Dannhaus@enron.com; mtezyk@enron.com; lee.johnson@ss.ps.ge.com;
Ben.Jacoby@enron.com; Alan.Larsen@enron.com; Lisa.Bills@enron.com;
Roseann.Engeldorf@enron.com
Subject: Re: CO#6 for Fountain Valley

Gentlemen,

Since we are moving the equipment from WestLB and into TurboPark, and since
we are just about there with the breakout contracts, we need to process
this as change order #1 to the Fountain Valley contract.  I also believe we
need the site specific stuff for this project.

Kay

michael.storm@ss.ps.ge.com on 12/11/2000 03:17:27 PM

To:   Kay.Mann@enron.com, Ed.Dannhaus@enron.com, mtezyk@enron.com
cc:   lee.johnson@ss.ps.ge.com

Subject:  CO#6 for Fountain Valley

All,

Attachment contains latest revision reflecting order for two additional
stacks, six power stabilizers and moving cost for the Fountain Valley
Project.  Please review and let me know if additional changes are required
or recommended.

 <<changeorder#6rev2.doc>>
Please note new contact information below:

Mike Storm

          g              GE Aero Energy Products
          ___________________________________
                    A GE Power Systems Business
          Michael E. Storm
          Projects
          Phone: (281) 864-2601  Dial Com 8*326-2601
          Fax:  (281) 864-2116, Pager 888 487 5741

(See attached file: changeorder#6rev2.doc)

 - PSCO_changeorder#1_121100.doc


Looks good to me.  We will need to amend our outgoing gty by increasing the
amount from $10MM to $20MM and also expand gty coverage to cover all agmts
which are financially settled w/ ENA.

Ed Sacks

 -----Original Message-----
From:  Panus, Stephanie
Sent: Thursday, April 19, 2001 11:25 AM
To: Sacks, Edward
Cc: Shackleton, Sara
Subject: Con Ed of NY

Ed,

Please review the attached revised confirm for Con Ed.  The revision is to
the Exposure Threshold/Credit Ratings on page 1 of Annex B-1.  As ENA does
not have a credit rating above BBB+, we have inserted $20 mil. (the BBB+
threshold) for those ratings above BBB+.

Please contact either Sara or myself.

Thanks,
Stephanie

 << File: 153Aconf (Con Ed NY).doc >>

Sara - I spoke to Clement about the revised guaranty and have emailed him
clean and blacklined copies.


Magnus:

Thank you for your recent call.  I understand from Laurel Adams that we are unable to reconcile the FRA's due to insufficient detail.  For those trades, can you please send additional detail such as a fixed rate or trade date?  You can contact Laurel directly if you have any questions (713-853-7035).

Regards.  Sara

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


---------------------- Forwarded by Andrea Ring/HOU/ECT on 05/02/2001 03:50 PM ---------------------------
From:	Michele Winckowski/ENRON@enronXgate on 04/04/2001 03:12 PM
To:	Andrea Ring/HOU/ECT@ECT, Teb Lokey/ENRON@enronXgate, Maria Salazar/OTS/Enron@ENRON
cc:
Subject:	FW: Humor

A Preacher wanted to raise money for his church, and being told that there
was a fortune in Horse Racing, he decided to purchase a horse and enter him
in the race.  However, at the local auction the going price for horses was
so steep that he ended up buying a Donkey instead.  He figured that since he
had it, he might as well go ahead and enter it in the races, and to his
surprise, the Donkey came in third.

The  next day the racing form carried this headline, "Preacher's Ass shows".
The Preacher was so pleased with the  Donkey that he entered it in the race
again, and this time it won.  The next day the form said, "Preacher's Ass, out in front!"

The Bishop was so upset with this kind of publicity, that he ordered the
Preacher not to enter the Donkey in another race.  The newspaper printed
this headline; "Bishop scratches Preacher's Ass."

This was just too much for the Bishop, and he ordered the Preacher to get rid
of the animal. The Preacher decided to give it to a Nun in a nearby convent.
The headline next day read, "Nun has the best Ass in town."

The Bishop fainted. He informed the Nun that she would have to
dispose of the Donkey. She finally found a Farmer who was willing to buy
it for $10. Next day the paper said, "Nun peddles her Ass for ten bucks."
They buried the Bishop the next day.


Enron is forming a new organization - - the Enron Xcelerator - - to drive the
formation and development of new businesses at Enron.  Enron's unique ability
to start and develop new businesses has driven most of our growth over the
years.  Lou L. Pai, currently Chairman and CEO of Enron Energy Services, will
lead the Xcelerator.  Over his years at Enron, Lou has been key to the
creation and rapid growth of our wholesale gas, wholesale power and energy
service businesses.  The existing business units will continue their
development of core businesses, while the Xcelerator will be responsible for
developing new business opportunities that are natural extensions of Enron's
business model and core skills, but not currently under development elsewhere
in Enron.

Dave Delainey, currently President and CEO of Enron Americas, will become
Chairman and CEO of Enron Energy Services.  Dave brings a wealth of
experience and accomplishment from Enron Wholesale Services' businesses where
he led the growth of our Canadian business and our North American origination
activity and, most recently, had a great year in Enron Americas.

Dave is forming an Office of the Chairman in EES.  Joining Dave in the Office
of the Chairman are Dan Leff, President of EES, Global Energy Services, and
Marty Sunde, President of EES, Global Marketing and Services.  Dan and Marty
have been instrumental in the development and execution of the successful EES
business model.  Also joining the Office of the Chairman of EES is Janet
Dietrich as Chief Operating Officer.  Janet, currently is Managing Director
in Enron Americas, where she has been successful in many of Enron Wholesale's
core businesses, including gas trading, risk management and structural
origination.  Tom White will continue as Vice Chairman of EES and will focus
on the development and expansion of EES' customer relationships.  Lou, Tom,
Dan, Marty and the entire EES organization have developed a great business
model with great growth prospects.  EES has become an essential part of
Enron's market valuation and growth story.  This new leadership structure
will enable EES to continue on its path of sustained growth and increasing
profitability.

John Lavorato will succeed Dave as President and CEO of Enron Americas.  John
has been an essential part of Enron's energy trading success over the years
and is a key part of Enron Wholesale Services' continuing success story.
Joining John is Louise Kitchen, currently President and CEO of Enron
NetWorks.  Louise, who accelerated Enron's outstanding growth with the
deployment of EnronOnline, will take over as Chief Operating Officer of Enron
Americas.

Philippe Bibi, currently Chief Operating Officer of Enron NetWorks will take
over as President and CEO of Enron NetWorks.  Under Philippe's leadership,
Enron has become a technology leader and the leading e-commerce company.
Joining Philippe as Chief Operating Officer is Greg Piper, currently Managing
Director of Enron NetWorks.  Greg currently leads Enron NetWork's origination
activity and was responsible for the creation and deployment of ClickPaper,
Enron's successful online pulp and paper marketplace.

Please join us in congratulating all of these individuals on their
achievements and their new responsibilities.


Mike Day asked me to update my PG&E city-gate comparison to show, contrary
to the PD in the Gas OIR, that recent months have not called into question
the benefits of the PG&E city-gate market.  Attached is a figure with NGI
data from May through November for the PG&E city-gate and for Topock plus
Baja transport.  The city-gate is higher than Topock plus Baja only in
October, when the city-gate did not drop as quickly as Topock did in the
aftermath of the El Paso explosion.  I did not include the Malin plus
Redwood comparison, which has been consistently below the city-gate this
summer (Malin prices were consistently and significantly lower than Topock
this summer).  However, little Redwood capacity is available, so I would
argue that Malin plus Redwood is not an option for most end users.

Tom Beach

 - PG&E Citygate Comparison Nov00.xls


HI - I have given Marcus Nettelton the PPL file - my understanding is that we
are near completion.  Let me know if there is anything I can do (I've met
Eric a couple of times at EEI meetings so .....)
thanks
eas

	Edward Sacks/ENRON@enronXgate
	03/26/2001 06:55 PM

		 To: Elizabeth Sager/HOU/ECT@ECT
		 cc: John Malowney/HOU/ECT@ECT
		 Subject: PPL Montana

Since Shari's departure, John and I were just wanted to find out which of
your attys would be inheriting the PPL Montana Confirm and EEI.  Please let
us know.  thks

Ed Sacks


Guys

This is the list of customers sent by Richard Ring. Let's cross check his list with a list that you guys can generate by querying the following utilities:

Public Service Electric & Gas Co.
PECO Energy Company
PPL Electric Utilities
Baltimore Gas & Electric Co.
Pennsylvania Electric Co. (GPU)
Metropolitan Edison Co. (GPU)
Jersey Central Power & Light Co. (GPU)
Potomac Electric Power Co.
Delmarva Power & Light Co. (Conectiv)
Altlantic Electric Co. (Conectiv)

This may be overkill since Richard has identified only physical customers behind PECO.

Thx

Berney

 -----Original Message-----
From: 	Ring, Richard
Sent:	Monday, December 10, 2001 4:17 PM
To:	Aucoin, Berney C. ; Furrow, Dale
Subject:	PJM (PECO ENERGY COMPANY)

Berney & Dale,

The attached spreadsheet indicates the fifteen (15) accounts in the PJM Control Area that EESI currently delivers physical power to.  The fifteen (15) accounts are all behind PECO Energy Company.  Most of the contracts were "commodity only" deals that have expired, with the exception of American College which expires 01/31/2002.

The other accounts are behind bundled outsource deals (i) Simon Properties (Cheltenham Shopping & SDG Macerich Properties) and (ii) Suiza Foods (Lehigh Valley Dairies) and (iii) Prudential Insurance Companies.

Let me know if I can be of further assistance.

Richard


dude, which way's florida going to go?  and what happened with the Cal
legislature.  D's get 2/3's in the senate?


You go girl.

From: Tana Jones on 19-05-2000 04:12 PM
To: Frank L Davis/HOU/ECT@ECT, Sheri Thomas/HOU/ECT@ECT, Lisa
Gillette/HOU/ECT@ECT, Stephanie Sever/HOU/ECT@ECT
cc: Tom Moran/HOU/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT
Subject: Counterparty Approval List for 5/4/00

Sorry for my hold up on this list.  I had an issue with the division/dba
approvals that I needed to resolve with Dave Forster and Mark Taylor.  We
will be issuing a policy (as soon as I draft it) about how to deal with
divisions/dba's in the future.  For this Koch counterparty:

Per my conversation with Stephanie, I am provisionally approving this
counterparty only with understanding that the online trading account name
gets amended to read as follows:

Koch Industries, Inc., acting through its Koch Hydrocarbon Company Division.

If the counterparty will not agree to this name change on its account let me
know, I will talk to the Koch lawyer.  (FYI, this is the way we styled the
ISDA Master Agreement, at the direction of the Koch lawyer.)


Dear Mark,

Thanks for your thoughts and mark up.  I agree with the points that you
make.  I've redone the definition which l think now covers the SP and BP
amounts.  I've run it by Slaughter's and they are happy with it.  Let me know
if you are and then we can knock it on the head!!

Best wishes, Edmund.

	From:  Mark Taylor                           03/02/2000 01:52 AM

To: Edmund Cooper/LON/ECT@ECT
cc:

Subject: EOL Credit Derivatives - Long Descriptions

Edmund -

I have reviewed the long descriptions I was given for the credit derivatives
(I can't tell if they are current) and have substantial comments - I have
attached what I have come up with (sorry it's in 2 pieces).  Basically I
don't think we should be restating something in the Long Description that is
already covered (sometimes with different language) in the GTC - this only
creates an ambiguity and is not necessary to form a complete contract.  My
other concern - and I have not been able to draft language to fix it - is
that I can't find any definition of the Seller Payment amount and I don't
think the Buyer Payment language works  -  can you give me a call so we can
discuss my concerns?


EFF_DT PORTFOLIO_ID DOWN95
1/5/01  MANAGEMENT-CRD 24,752.
1/5/01  MANAGEMENT-GAS 220,002.
1/5/01  MANAGEMENT-PWR 127,715.
1/5/01  AGG-MANAGEMENT 330,482.


-----Original Message-----
From: Mary Christ
Sent: Thursday, May 10, 2001 8:43 AM
To: Marketing Team; Leslie Haight; Jerry Watson; Tom Conley; Matt
Pitner; Mary Schaeffer; Preetish Nijhawan
Subject: FW: National Poetry Month

hilarious ...

>
> This is a poem made up entirely of actual quotes from
> George W. Bush. The quotes have been arranged only for
> aesthetic purposes, by Washington Post writer Richard
> Thompson. This is especially appropriate as April is
> National Poetry Month...
>
> MAKE THE PIE HIGHER
>
> by George W. Bush
>
> I think we all agree, the past is over.
> This is still a dangerous world.
> It's a world of madmen and uncertainty
> and potential mental losses.
> Rarely is the question asked
> Is our children learning?
> Will the highways of the internet become more few?
> How many hands have I shaked?
> They misunderestimate me.
> I am a pitbull on the pantleg of opportunity.
> I know that the human being and the fish can coexist.
> Families is where our nation finds hope, where our
> wings take dream.
> Put food on your family!
> Knock down the tollbooth!
> Vulcanize Society!
> Make the pie higher! Make the pie higher!
> --
> CYBERAL
>


John,

Further to our conversation, attached is a draft of a GISB for your
consideration.  At your convenience,  please give me a call to discuss same.

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


------------------------------------------------------------------------------------------------------
W E E K E N D   S Y S T E M S   A V A I L A B I L I T Y

F O R

May 11, 2001 5:00pm through May 14, 2001 12:00am
------------------------------------------------------------------------------------------------------

SCHEDULED SYSTEM OUTAGES:

ARDMORE DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages.

AZURIX: No Scheduled Outages.

EB34 DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages.

EDI SERVER: No Scheduled Outages.

ENRON CENTER SOUTH DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages

ENRON NORTH AMERICAN LANS:
Impact:  EES
Time:  Sat 5/12/2001 at   1:00:00 PM CT thru Sat 5/12/2001 at  5:00:00 PM CT
	Sat 5/12/2001 at 11:00:00 AM PT thru Sat 5/12/2001 at  3:00:00 PM PT
	Sat 5/12/2001 at  7:00:00 PM London thru Sat 5/12/2001 at  11:00:00 PM London
Outage:  Move vlans for EES in Enron Building
Environments Impacted:  EES in Enron Building
Purpose: Provide more capacity to the network
Backout: paste in old configs
Contact(s): 	Gail Kettenbrink    713-853-4524
		Michael Huang      713-345-3201

FIELD SERVICES:  No Scheduled Outages.

INTERNET: No Scheduled Outages.

MESSAGING: No Scheduled Outages.

MARKET DATA: No Scheduled Outages.

NT: No Scheduled Outages.

OS/2:  No Scheduled Outages.

OTHER SYSTEMS:
Impact:  Corp, OTS, ETS
DATE:  MAY 15, 2001/2/2001 at  5:30:00 PM
Outage:  Migrate DSS Server to GTHOU-APPSQ03P
Environments Impacted:  DSS users will not be able to access the old server (ENEDS01_ADAPT)after this date
Purpose: The existing server is outdated, migrating to SQL 2000 provides increased
functionality and conforms to database platform requirements.
Backout:
Contact(s): 	Mary Vollmer          713-853-3381
		Joe Hellsten           713-853-7346      713-545-4164

Impact:  CORP
Time:  Fri 5/11/2001 at  8:00:00 PM CT thru Sat 5/12/2001 at  10:00:00 PM CT
	Fri 5/11/2001 at  6:00:00 PM PT thru Sat 5/12/2001 at    8:00:00 PM PT
	Sat 5/12/2001 at  2:00:00 AM London thru Sun 5/13/2001 at  4:00:00 AM London
Outage:  CPU replacement on server sennacca.
Environments Impacted:  RMS
Purpose: Replace faulty CPU that is offline.
Backout: Restore server to old configuration.
Contact(s): 	Malcolm Wells    713-345-3716

Impact:  CORP
Time:  Fri 5/11/2001 at  5:00:00 PM CT thru Fri 5/11/2001 at  5:15:00 PM CT
	Fri 5/11/2001 at  3:00:00 PM PT thru Fri 5/11/2001 at  3:15:00 PM PT
	Fri 5/11/2001 at  11:00:00 PM London thru Fri 5/11/2001 at  11:15:00 PM London
Outage:  Decommission of the following servers:  intra, intra-dev, conman1, aserv1, ardent, dbadmin
Environments Impacted:  Corp
Purpose: Server no longer used.  The servers will be decommissioned or redeployed where necessary.
Backout:
Contact(s): 	Malcolm Wells    713-345-3716

Impact:  CORP
Time:  Sat 5/12/2001 at   2:00:00 AM CT thru Sun 5/13/2001 at  5:00:00 PM CT
	Sat 5/12/2001 at 12:00:00 AM PT thru Sun 5/13/2001 at  3:00:00 PM PT
	Sat 5/12/2001 at  8:00:00 AM London thru Sun 5/13/2001 at 11:00:00 PM London
Outage:  Resource and OS upgrade to server fracture.
Environments Impacted:  Global company RMS  ECM
Purpose: An OS upgrade is needed to provide the disk upgrade solution.  Additionanl memory is needed as well.
Backout: Attach the old disk solution and reboot to old configuration.
Contact(s): 	Malcolm Wells    713-345-3716

Impact:  ENA
Time:  Sat 5/12/2001 at  10:00:00 PM CT thru Sat 5/12/2001 at  10:15:00 PM CT
	Sat 5/12/2001 at    8:00:00 PM PT thru Sat 5/12/2001 at     8:15:00 PM PT
	Sun 5/13/2001 at  4:00:00 AM London thru Sun 5/13/2001 at  4:15:00 AM London
Outage:  Bounce PWRPROD1 database
Environments Impacted:  Enpower User
Purpose: Change some configuration to improve database performance
Backout: Use the old parameter file.
Contact(s): 	Tantra Invedy  713 853 4304

SITARA:  No Scheduled Outages.

SUN/OSS SYSTEM: No Scheduled Outages.

TELEPHONY:
Impact:
Time:  Sat 5/12/2001 at  10:00:00 PM CT thru Sun 5/13/2001 at  1:00:00 AM CT
	Sat 5/12/2001 at    8:00:00 PM PT thru Sat 5/12/2001 at 11:00:00 PM PT
	Sun 5/13/2001 at  4:00:00 AM London thru Sun 5/13/2001 at  7:00:00 AM London
Outage:  Quarterly Maintenance - Telephone System
Environments Impacted:  All
Purpose: Quarterly maintenance. While voicemail nodes are being serviced (one box at a time), a slight disruption will be experienced.
Messages will continue to be stored but will not be delivered until each node of voicemail is back up and operational.
CMS call center management reporting will not be availalble during this time.
Backout:
Contact(s): 	Cynthia Siniard    713-853-0558

TERMINAL SERVER:  No Scheduled Outages.

UNIFY:
Impact:  CORP
Time:  Fri 5/11/2001 at  6:00:00 PM CT thru Fri 5/11/2001 at  7:00:00 PM CT
	Fri 5/11/2001 at  4:00:00 PM PT thru Fri 5/11/2001 at  5:00:00 PM PT
	Sat 5/12/2001 at 12:00:00 AM London thru Sat 5/12/2001 at  1:00:00 AM London
Outage:  Memory replacement for server electron.
Environments Impacted:  Unify Users
Purpose: Replace faulty memory module.
Backout: Get new memory if necessary
Restart server with out memory as last resort
Contact(s): 	Malcolm Wells    713-345-3716

-----------------------------------------------------------------------------------------------------------------------------
								FOR ASSISTANCE

(713) 853-1411   Enron Resolution Center

Specific Help:
Information Risk Management			(713) 853-5536
SAP/ISC                                                                               (713) 345-4727
Unify On-Call 					(713) 284-3757  [Pager]
Sitara On-Call					(713) 288-0101  [Pager]
RUS/GOPS/GeoTools/APRS			(713) 639-9726  [Pager]
OSS/UA4/TARP				(713) 285-3165  [Pager]
CPR						(713) 284-4175  [Pager]
EDI Support 					(713) 327-3893  [Pager]
EES Help Desk					(713)853-9797 OR (888)853-9797


> -----Original Message-----
> From: Donny Cox
> Sent: Thursday, October 05, 2000 2:32 PM
> To:   Rob Adams
> Subject:  FW: Do Not take this guy hunting!
>
>
>  <<AHMED.MPEG>>

 - AHMED.MPEG


Tricia,

I was wondering how I get set up with shaw cable internet access. Do you have a number I can call?

Chris


Start Date: 4/20/01; HourAhead hour: 16;  No ancillary schedules awarded.
Variances detected.
Variances detected in Generation schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042016.txt

---- Generation Schedule ----
$$$ Variance found in table tblGEN_SCHEDULE.
     Details: (Hour: 16 / Preferred:  80.00 / Final:  79.97)
  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/20/01
  UNIT_ID: HARBGN_7_UNITS


chris, i think this is the deal you were asking about.  in order for this to
flow i would need
---------------------- Forwarded by Joann Collins/Corp/Enron on 01/31/2000
12:05 PM ---------------------------

mstiles@columbiaenergygroup.com on 01/31/2000 11:04:11 AM
To: Joann Collins/Corp/Enron@ENRON
cc:

Subject: 2/00 Suburban increase

Effective, 2/1 we need to increase Suburban (67-1) 99 dth per day.   I will
now
need a total of 150 dth per day.   Please advise of a contract number when it
is available.   Thanks.


Sorry.  I guess I'm too late to attend.  Re. the prices below $65.  I don't
know what the customer is talking about.  Let us know when ytou find out.

	George Waidelich@EES
	11/28/2000 05:02 PM

		 To: Susan J Mara/NA/Enron@ENRON, Mona L Petrochko/NA/Enron@Enron
		 cc: Eric Letke/DUB/EES@EES
		 Subject: BOMA Meeting 29 Nov 00

Sue, Mona,

1.  Tomorrow Martin Wenzel is speaking at a 1200 BOMA Luncheon at the
Sheraton Palace Hotel at the Corner of Market and New Montgomery in San
Francisco.  Martin was hoping that one of you might be available to attend.
He thought that if you were not busy it might be valuable to have a
government affairs expert available in case any tough regulatory questions
came up.  If you are both busy I am sure we will get by.  We are currently
trying to structure a new offering for their membership in the greater East
Bay Area.

2.  Below is an excerpt from an e-mail I received from a customer.  My first
inclination is that the customer is talking about the $65.00 rate cap in
place in SDG&E and does not understand the implementation.  But this customer
happens to be very savvy and is normally very involved in the regulatory
environment.  Is there a new issue regarding some type of $65.00 rate cap
that is being discussed for 2001 that is different from the current SDG&E
proposal?  If so, what are the details.  As you can see below, depending on
how it is implemented, it could be a problem.  My interpretation of the
comments below is that this customer thinks a $65.00 rate cap is going to be
put in place in 2001 and any charges above this cap are going to be shared by
all rate payers equally. Therefore, it does them no good to lock in a higher
price with an ESP if the market price is above $65.00.  I have a phone call
in to the customer to get more details.

"We should talk about prices for next year, because it is my belief that UDC
prices must be below $65.00 next year; any price above that mark should be
ignored by customers, and I would be happy to explain why."

George Waidelich
925-543-3801


Hello Everyone:

Next week is around the corner and I want to inform each of you of some
details.

Location:  Omni Interlocken
   500 Interlocken Boulevard
   Broomfield, CO  80021
   Phone#:303-438-6600
   Fax#:303-438-7224
   Check-in time  3:00 p.m.
   Check-out time  12:00 p.m. (Noon)

Shuttle Service & Driving Directions:  Each person is responsible for their
own transportation to/from the airport.  Please see the attached airport
shuttle schedule.

 - SuperShuttle.doc
 - Directions from DIA with map.doc

Meeting Place on morning of June 14:  The meeting will take place in
"Interlocken A" conference room.  The meeting will begin @ 8:15 AM and will
conclude by 11:30 am.  A continental breakfast will be served beginning at
7:00 am.

Agenda:

Lunch:  I have made arrangements for Box Lunches to be available for everyone
directly after the meeting.  They will be served outside of the meeting room
at 11:30 AM.

Attire:   I'm all for CASUAL

Golf:  Tee times are set as follows: 12:39, 12:48, 12:57, 1:06, 1:15, &
1:24pm.  The Eldorado is the course you will be playing on.  A shuttle has
been scheduled to pick up everyone beginning at 11:45 am.  All golfers are to
check in at the golf shop; from there your clubs and carts will be
assigned.   I will e:mail the teams list next week, along with your tee
time.  Golf attire: Proper golf attire includes golf slacks, golf shorts, and
spikeless golf shoes.  Men must wear collared shirts, and women must wear
"golf appropriate" shirts.  Player's not conforming to this policy will not
be given access to the golf course.

Whitewater Rafting: A deluxe motorcoach is scheduled to pick-up the rafters
at 12:30 pm at the East Entrance/Garden level of the resort.  Folks, the
water will be cold; it might be a good idea to take a towel or jacket for the
ride back to the resort.  Also, rivershoes are recommended for this activity,
as well as, sunscreen and hats.   No cotton or flip-flop sandals.  Have
Fun!!!!

Hiking: A deluxe motorcoach is scheduled to pick-up the hikers at 12:30 pm at
the East Entrance/Garden Level of the resort.  Please check the attached link
for a weather update below.   Recommended attire:  Shorts or hiking attire,
appropriate footwear, sunglasses, sunscreen and hats.

Spa Services:  If you have not made your spa arrangements, please do so
soon.  The number to call for spa services is 303-438-6600

Dinner:  A buffet dinner will be served at the fairways tent (at the golf
course).  You can't miss it!!!!!  Your choice of transportation to the golf
course is up to you.  You can either walk (about 1 mile on sidewalk) or take
the shuttle.   It is best to request the service 15-20 minutes prior to
dinner time or drinks time.   Dinner will begin at 7:00pm and wine & beer
will be served 30 minutes prior.

Weather: Please click on the attached link for a Colorado weather update.

 http://www.weather.com/weather/local/USCO0105

Final Reservation/Activity List:  Attached is the final list of
arrivals/departures, as well as, activities everyone is participating in.

Thanks and please don't hesitate to call if you have any questions.

gngr
713-853-7751


> >
> >
> >
> >
> >A police officer pulls a guy over for speeding and has the following
> >exchange:
> >
> >Officer: May I see your driver's license?
> >
> >Driver: I don't have one. I had it suspended when I got my 5th DUI.
> >
> >Officer: May I see the owner's card for this vehicle?
> >
> >Driver: It's not my car. I stole it.
> >
> >Officer: The car is stolen?
> >
> >Driver: That's right. But come to think of it, I think I saw the owner's
> >card
> >in the glove box when I was putting my gun in there.
> >
> >Officer: There's a gun in the glove box?
> >
> >Driver: Yes sir. That's where I put it after I shot and killed the woman
> >who
> >owns this car and stuffed her in the trunk.
> >
> >Officer: There's a BODY in the TRUNK?!?!?
> >
> >Driver: Yes, sir.
> >
> >Hearing this, the officer immediately called his captain. The car was
> >quickly
> >surrounded by police and the captain approached the driver to handle the
> >tense
> >situation:
> >
> >Captain: Sir, can I see your license?
> >
> >Driver: Sure. Here it is.
> >
> >It was valid.
> >
> >Captain: Who's car is this?
> >
> >Driver: It's mine, officer. Here's the owner's card.
> >
> >The driver owned the car.
> >
> >Captain: Could you slowly open your glove box so I can see if there's a
gun
> >  in
> >it?
> >
> >Driver: Yes, sir, but there's no gun in it.
> >
> >Sure enough, there was nothing in the glove box.
> >
> >Captain: Would you mind opening your trunk? I was told you said there's a
> >body
> >in it.
> >
> >Driver: No problem.
> >
> >Trunk is opened; no body.
> >
> >Captain: I don't understand it. The officer who stopped you said you told
> >him
> >you didn't have a license, stole the car, had a gun in the glove box, and
> >that
> >there was a dead body in the trunk.
> >
> >Driver: Yeah, I'll bet the lying s.o.b. told you I was speeding, too
> >
> >
> >Brian  Braisted
> >RYDER  Communications
> >(973) 940-7350  x227
> >(973) 940-7355  fax
> >brian@rydrcom.com
> >www.rydrcom.com
> >
> >
> >
> >
> >
> >
> >
> >
> >
> >
> >
> >
> >
> >
> >
> >
>
> _________________________________________________________________
> Get your FREE download of MSN Explorer at http://explorer.msn.com
>


Stinson,

A reminder.

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/16/2001 04:19 PM ---------------------------

Vince J Kaminski
03/31/2001 10:17 AM
To:	Jim Garven <James_Garven@baylor.edu> @ ENRON
cc:	Vince J Kaminski/HOU/ECT@ECT, Shirley Crenshaw/HOU/ECT@ECT, Stinson Gibner/HOU/ECT@ECT
Subject:	Re: recommendation of an outstanding Baylor MBA student for summer internship

Jim,

I shall contact Althea and make sure Rusty meets with the Research Group members.

Vince

Jim Garven <James_Garven@baylor.edu> on 03/28/2001 01:01:42 PM
To:	Stinson_Gibner@enron.com
cc:	vince_j_kaminski@enron.com
Subject:	recommendation of an outstanding Baylor MBA student for summer  internship

Dear Stinson,

I would like to call your attention to Rusty Parks, who is an MBA student here and has been serving as my research assistant since last fall.  Rusty is a very outstanding individual with a very impressive work ethic and interest in topics such as financial engineering and technology, particularly as these issues pertain to the energy industry.   In fact, you met Rusty during your recent visit to Baylor (specifically, last month over dinner at the Gamma Iota Sigma chartering  ceremony).

I happen to know that Rusty is already scheduled to visit Enron for an interview for a summer internship on April 19.  He has been invited by Althea Gordon.  If there is any possibility that you could meet with him during his visit, I am sure that he would be most grateful.   Rusty is one of the very best research assistants I have ever had, and I am sure that Enron would benefit from having him aboard during the coming summer.

Sincerely,

Jim Garven

P.S.: Please find Rusty's resume attached to this email.

_________________________________________
James R. Garven, Ph.D.
Professor of Finance & Insurance
Department of Finance, Insurance and Real Estate
Hankamer School of Business
HSB 336
Baylor University
Box 98004
Waco, TX  76798

Voice: (254) 710-6207
Fax: (603) 994-6680

E-mail: James_Garven@baylor.edu
Home Page: http:// garven.baylor.edu
Vita: http:// garven.baylor.edu/dossier.html
Research Paper Archive: http:// garven.baylor.edu/research.html
_________________________________________
 - Rusty Parks Resume.doc

<Embedded StdOleLink>


Polite BUT it says we are expencting our money.  Let's see if she responds.
If not, I'll expense it, but I wanted to give her a chance to redeem her boo
boo.  I thought you'd get a kick out of the email, I did while writing it.

	Kay Mann@ENRON
	06/06/2001 11:17 AM

		 To: Suzanne Adams/HOU/ECT@ECT
		 cc:
		 Subject: Re: Refund for Managing Credit Risk Seminar March 22-23,2001

How polite.

From: Suzanne Adams@ECT on 06/06/2001 11:15 AM
To: pyoung@eei.org
cc: kay.mann@enron.com

Subject: Refund for Managing Credit Risk Seminar March 22-23,2001

Tricia, thank you for Kay Mann's  refund in the amount of $500 for the
above-referenced seminar.  The cost of the seminar, however,  was $595.  I
cancelled this seminar two days before the cancellation deadline of March13,
2001 (cancellation number X197033661), but Kay was still charged the $95
cancellation administrative fee.  Please advise when she can expect this $95
to be credited to her American Express card.

Thanks, Suzanne Adams


Jeff:

Please include the Chamber of Commerce on the petition for re-hearing.

Dominic.

 -----Original Message-----
From: 	Dasovich, Jeff [mailto:Jeff.Dasovich@ENRON.com]
Sent:	Tuesday, September 25, 2001 9:05 AM
To:	Dasovich, Jeff; Delaney Hunter ; 'Lenny Goldberg' ; 'Jack M. Stewart' ; 'John R. Redding (PS, NE) (E-mail)' ; 'Evelyn Kahl' ; 'Keith McCrea' ; 'Mike Kahl' ; 'Jeff Dasovich (E-mail)' ; 'Bill Booth' ; 'Dorothy Rothrock' ; 'Ann Cohn' ; 'Jan Smutny-Jones' ; 'John Fielder (E-mail)' ; 'Barbara Barkovich' ; 'Dominic DiMare' ; 'Karen Terranova' ; 'Marc D. Joseph' ; 'Art Carter' ; 'Bill Dombrowski' ; 'Derek Naten' ; 'John White' ; 'Robert Albergotti (E-mail)' ; 'Diana Liebman (E-mail)' ; 'Linda Sherif (E-mail)' ; Mike Florio (E-mail) ; Phil Isenberg (E-mail) ; Tom McMorrow (E-mail)
Subject:	RE: FERC To Examine Alleged Market Manipulation By Calif ISO.  FERC Meeting in California on Monday.  CSFB on PCG Proposal.

I've been informed that the CSFB report on PG&E's reorg didn't make it first time round.  Trying again.
Best,
Jeff
 << File: 092101PCG.pdf >>

 -----Original Message-----
From: 	Dasovich, Jeff
Sent:	Friday, September 21, 2001 7:23 PM
To:	'Delaney Hunter '; ''Lenny Goldberg' '; ''Jack M. Stewart' '; ''John R. Redding (PS, NE) (E-mail)' '; ''Evelyn Kahl' '; ''Keith McCrea' '; ''Mike Kahl' '; ''Jeff Dasovich (E-mail)' '; ''Bill Booth' '; ''Dorothy Rothrock' '; ''Ann Cohn' '; ''Jan Smutny-Jones' '; ''John Fielder (E-mail)' '; ''Barbara Barkovich' '; ''Dominic DiMare' '; ''Karen Terranova' '; ''Marc D. Joseph' '; ''Art Carter' '; ''Bill Dombrowski' '; ''Derek Naten' '; ''John White' '; ''Robert Albergotti (E-mail)' '; ''Diana Liebman (E-mail)' '; ''Linda Sherif (E-mail)' '; 'Mike Florio (E-mail) '; 'Phil Isenberg (E-mail) '; 'Tom McMorrow (E-mail) '
Subject:	FERC To Examine Alleged Market Manipulation By Calif ISO.  FERC Meeting in California on Monday.  CSFB on PCG Proposal.

FYI.
Thought folks might be interested in the following story.
In addition, I've attached at the end for those that are interested a CSFB report on PG&E's POR announced yesterday.
Very much enjoyed working with this group on a solution for California.  Perhaps, given were things stand, we'll have another shot at helping get the market, California energy policy, and Edison, back on their feet.
Best,
Jeff

FERC To Examine Alleged Market Manipulation By Calif ISO
Updated: Friday, September 21, 2001 04:53 PM ET By Jason Leopold Of DOW JONES NEWSWIRES
LOS ANGELES (Dow Jones)--Federal energy regulators may investigate whether the operator of California's wholesale electricity market has been manipulating its power-purchasing practices to reduce the costs of power the state purchased under long-term contracts, according to documents obtained Friday by Dow Jones Newswires Friday.
At issue is whether the California Independent System Operator has violated its own market rules by purchasing expensive power secured by the state under contracts rather than cheaper power available in the spot market. The state's need to sell off surplus power secured under those contracts has proven embarrassing for Gov. Gray Davis, who signed $43 billion in deals to head off a summer of spiking prices and blackouts that never materialized.
The Federal Energy Regulatory Commission will hold a meeting in California Monday to address generators' complaints. The energy companies say that the California ISO's purchasing decisions are difficult to comprehend and out of line with the market, according to a letter sent by Andrea Wolfman, lead FERC counsel for market oversight and enforcement.
The letter was sent to the ISO, the California Department of Water Resources - which has been buying power in lieu of the state's struggling utilities since mid-January - and several generators, all of which were to attend the meeting.
"Recently we have become concerned that the scheduling and dispatch procedures of the California ISO, as they have had to change in the last nine months, are not well understood or are not well suited to the current market structure," Wolfman said in her letter. "The purpose of the meeting is to develop agreement between the ISO and those that participate in the scheduling and dispatch (generators, utilities, CDWR) on appropriate practices and procedures."
ISO Procedures Need Explaining -FERC
The ISO's main responsibility is keeping power supply and demand in balance on the state's electrical grid. As part of that job, the ISO determines which power plants to call into service and which suppliers to buy power from.
If the ISO can't explain how it makes its decisions, FERC may conduct an audit of the organization and investigate the possibility it has manipulated the market, Wolfman's office said.
"As discussed, FERC may schedule a technical conference and operational audit of CAISO," a second letter from FERC's market oversight and enforcement division states. "This unprecedented examination of CAISO operations could lead to the belief that complaints by generators of market manipulation and other practices by the ISO should be investigated."
The ISO's operating rules generally call for it to purchase the cheapest power first.
"The information that (generators) have provided all leads to a theory that the CAISO is manipulating the market in order to purchase surplus DWR power at high prices and protect Gov. Davis from political embarrassment," the second letter says.
The ISO has said only that the market isn't operating as intended, and declined to answer other questions about the allegations or discuss Monday's meeting.
Generators Confused
Generators, including Mirant Corp. (MIR <http://quicken.excite.com/investments/quotes/?symbol=MIR>, news <http://quicken.excite.com/investments/news/?symbol=MIR>, msgs <http://quicken.excite.com/investments/discuss/?symbol=MIR>), Reliant Energy Inc. (REI <http://quicken.excite.com/investments/quotes/?symbol=REI>, news <http://quicken.excite.com/investments/news/?symbol=REI>, msgs <http://quicken.excite.com/investments/discuss/?symbol=REI>), Williams Cos. (WMB <http://quicken.excite.com/investments/quotes/?symbol=WMB>, news <http://quicken.excite.com/investments/news/?symbol=WMB>, msgs <http://quicken.excite.com/investments/discuss/?symbol=WMB>), Duke Energy (DUK <http://quicken.excite.com/investments/quotes/?symbol=DUK>, news <http://quicken.excite.com/investments/news/?symbol=DUK>, msgs <http://quicken.excite.com/investments/discuss/?symbol=DUK>) and Dynegy Inc. (DYN <http://quicken.excite.com/investments/quotes/?symbol=DYN>, news <http://quicken.excite.com/investments/news/?symbol=DYN>, msgs <http://quicken.excite.com/investments/discuss/?symbol=DYN>), have bought apparently inexpensive power in the ISO's spot market only to find weeks later that the price was much higher. That's because, according to the allegations, the ISO is letting DWR supply expensive power into the market as "out-of-market" purchases that aren't averaged into the real-time prices that ISO market participants see.
DWR continues to buy out-of-market power regularly at the ISO's request, DWR operations chief Pete Garris has said, but those purchases are being made in the spot market and are never being satisfied by power from DWR's long-term contracts.
The out-of-market purchases appear to be expensive, however. According to the ISO's August market report, the average out-of-market price for peak hours was $55.90 a megawatt-hour, compared with $26.49/MWh on the ISO computerized market. Brokered prices of western electricity have been lower than the out-of-market prices for months.
None of the companies mentioned was willing to comment on the record.
The meeting is scheduled to be held at the ISO's headquarters in Folsom, Calif., and representatives from power producers, utilities and the state are expected to attend. FERC will serve as facilitator, Wolfman said. The meeting isn't open to the public.
The meeting will begin with a presentation by the ISO on its practices and operational procedures, followed by adjustments that may be needed to improve the market.
"The objective is to develop a written set of procedures that is agreed to by all the market participants and that is consistent with good utility practices," Wolfman said in the letter.
-By Jason Leopold, Dow Jones Newswires; 323-658-3874; jason.leopold@dowjones.com <mailto:jason.leopold@dowjones.com>
   << File: 092101PCG.pdf >>
**********************************************************************
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.
**********************************************************************


Sorry.  The systems have been crazy all day.

I'll send you  up the ticket.


CALENDAR ENTRY:	INVITATION

Description:
	Stacey out of office - vacation

Date:		6/5/2001
Time:		2:30 PM - 5:00 PM (Central Standard Time)

Chairperson:	Stacey W White

Detailed Description:


FERC will take up the California investigation?as Item E-2  of next week's
agenda.? (FERC did formally?raise the possibility of  striking the item from
the agenda; while this is always a possibility, it is  unusual that FERC
would expressly so state.)? In addition to the San Diego  complaint and
FERC's own investigation of the events of this past summer, the  caption also
encompasses the EOB, CMUA, CARE and Puget complaints, as well as  the
Reliant/Dynegy complaint dealing with whether the ISO's right to prohibit
exports during System Emergencies.??


Feast your eyes on Enron Business' cool and colorful new look.  You'll find
it in your mailbox at home and online at home.enron.com under Publications,
Enron Business, and "Volume 2, 2001".  (And if you're in Houston, you might
find a few extra copies at the Plaza Java in the lobby of the Enron Building.)

In this issue:
? Enron Direct plays hard to win small customers
? Extreme Enron debuts with exciting stories about employees who ride the edge
? Meteorologists brew science with good business
? Enron's new Vision ) how will we do it?
? Enron fights to keep the California energy crisis from spreading
? Driving business profits where you'd least expect them
? The Insider: Sprechen Zie security?
? Assisting earthquake victims in India
? Find out who won the Word Search ) and enter our Cartoon Craziness Contest
for a chance to win a $200 American Express gift certificate!  Don't dally )
the deadline for entries is Friday, May 11


Ami,

Let Kim know when you have this done.

D
---------------------- Forwarded by Daren J Farmer/HOU/ECT on 02/09/2000
11:16 AM ---------------------------

	Kimberly Vaughn
	02/07/2000 10:54 AM

To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: meter 2186 - Feb

Daren.  I need a nom at this meter for Feb (entex)
thanks.  kim

Also, could you switch the meter 6572 noms for the  past few days to the new
logical 7346..  thank you.