Good points.  Since Lara is on vacation this week, and Xi Xi is in Asia,
let's try to put a call together next week sometime.  Please email Tracy your
schedules or preferred times.  Thanks.

	Susan M Landwehr@EES
	08/28/00 09:22 PM

		 To: Lara Leibman/HOU/EES@EES
		 cc: Sue Nord/HOU/EES@EES, Donald Lassere/HOU/EES@EES, Scott Bolton/Enron
Communications@Enron Communications, Richard Shapiro/HOU/EES@EES, Marchris
Robinson/HOU/EES@EES, Steve Montovano/DUB/EES@EES, Jeff Dasovich/SFO/EES@EES
		 Subject: Re: IXC vs. CLEC

Lara--I reviewed this report as well as the memo that Illinois counsel
prepared for you.  A number of questions/concerns come to mind.  I briefly
discussed these concerns with Sue Nord late last week, but wanted to put them
before the group for possible discussion on our next conference call.

When I read the memo from Stamos (Illinois counsel), it appeared to me that
the categories of requirements might be able to be divided into "regulatory"
responsibilities vs "commercial" requirements.  In the regulatory column
would be things like the annual designation of an agent and the annual
identification of the CEO.  Also, the certificate itself needs to be renewed
every 2 years (FYI--I don't think I saw that requirement in the chart)  Other
items such as participation in the One Call Notice System and the tax
contributions might fall into the commercial category.

These requirements not only need to be kept track of and adherred to, but
there is also the consideration of what the resource costs are associated
with them for both the IXC certifcations and the CLEC certifications.  And
are there penalties in place if we don't comply?

Scott/Donald/Sue--can we discuss next call?

   Lara Leibman                08/23/2000 01:42 PM

To: Sue Nord/HOU/EES@EES, Donald Lassere/HOU/EES@EES, Scott Bolton/Enron
Communications@Enron Communications
cc: Richard Shapiro/HOU/EES@EES, Marchris Robinson/HOU/EES@EES, Steve
Montovano/DUB/EES@EES, Susan M Landwehr/HOU/EES@EES, Jeff
Dasovich/SFO/EES@EES
Subject: IXC vs. CLEC

Attached please find a chart that summarizes the differences between IXC and
CLEC obligations for Texas, New York and Illinois.  This project was meant to
incorporate California and Florida; however, I have not yet received any
information from our counsel in CA and I only received the pertinent
information from our counsel in Florida late last night and this morning.  I
apologize that I was not able to include any information from those states.
I will incorporate their information when I return from vacation.

I have asked Gloria to provide some of you with copies of the material that I
received from Florida  to utilize in my absence (e.g., Sue, Donald, Scott).
You should already have the material from TX, IL and NY.

Please let me know if anyone has any questions or concerns.  Thank you.

Regards,

Lara


Drew,

Louise and Robert have brought me into the loop on the employee in London who
has had some issues.  I would appreciate it if you would fax me a copy of his
agreement.  I will be out of the office tomorrow, so, if possible, could you
fax it to my house first thing in the morning?  713-218-7355 is the fax
number.  If you send it around 5:30 am Houston time, then I can have time to
review it and incorporate its provisions into the draft correspondence that I
will prepare on this topic.  I am going to be attending a seminar out of the
office starting around 8:00 am Houston time.

I will prepare draft correspondence and circulate it to you, Robert, and
Louise for comment and dart-throwing.  I can be reached via my cell phone
during the day at 713-302-5522.

Thanks, Drew.

Michelle


Let's book Friday, July 21 for this lunch.  I will work on further details.
Thanks, Sharron.


I am pleased to announce the formation of the Enron Management Committee.  The Management Committee comprises our business unit and function leadership and will focus on the key management, strategy, and policy issues facing Enron.  The Management Committee will supplant the former Policy Committee and will include the following individuals:

Ken Lay - Chairman and CEO, Enron Corp.
Ray Bowen - COO, Enron Industrial Markets
Michael Brown - COO, Enron Europe
Rick Buy - Exec VP & Chief Risk Officer, Enron Corp.
Rick Causey - Exec VP & Chief Accounting Officer, Enron Corp.
Dave Delainey - Chairman and CEO, Enron Energy Services
Jim Derrick - Exec VP & General Counsel, Enron Corp.
Janet Dietrich - President, Enron Energy Services
Jim Fallon - President & CEO, Enron Broadband Services
Andy Fastow - Exec VP & CFO, Enron Corp.
Mark Frevert - Chairman & CEO, Enron Wholesale Services
Ben Glisan - Managing Director & Treasurer, Enron Corp.
Mark Haedicke - Managing Director & General Counsel, Enron Wholesale Services
Kevin Hannon - CEO, Enron Global Assets & Services
Stan Horton - Chairman & CEO, Enron Transportation Services
Jim Hughes - President & COO, Enron Global Assets & Services
Steve Kean - Exec. VP & Chief of Staff, Enron Corp.
Louise Kitchen - COO, Enron Americas
Mark Koenig - Exec VP, Investor Relations, Enron Corp.
John Lavorato - President & CEO, Enron Americas
Mike McConnell - President & CEO, Enron Global Markets
Jeff McMahon - President & CEO, Enron Industrial Markets
Jeff Shankman - COO, Enron Global Markets
John Sherriff - President & CEO, Enron Europe
Greg Whalley - President & COO, Enron Wholesale Services

	After we convene the Management Committee later this week, I will make a further announcement regarding the Executive Committee.


Group,
Virginia is exactly correct on this point.  MAKE IT A HABIT!  The majority of
inadvertancy that we have contributed to (and there hasn't been that much)
has been a result of confusion on times and duration of trades.
Thanks,
Bill

---------------------- Forwarded by Bill Williams III/PDX/ECT on 04/09/2001
05:42 PM ---------------------------

Virginia Thompson
04/09/2001 05:32 PM
To: Portland Shift
cc:

Subject: Purchases and Sales

Dear Real Timers,

As I have been having to pull tapes lately, I cannot stress enough the
importance of stating the hour for which you are trading when you make
deals.  It is imperative that you state (as often as possible) the hours that
you are trading for, and it is extremely helpful when you re-cap the sale at
the end of your trade!! :) please...

There may be deals that we are going to loose the dispute for because neither
trader (on either side) stated clearly what hour we were trading for. I'm
relying on you guys to help me collect 100% on all our trades.

Please see or e-mail me with any questions.

Thanks.

Virginia


> -----Original Message-----
> From: Hall, Rich [SMTP:RCH8@pge.com]
> Sent: Wednesday, April 26, 2000 9:26 AM
> To: 'Craig Chanceller'
> Subject: Wheeler Ridge capacity
>
> Craig -- Attached is a summary of the changes we would like to see in the
> SoCal Settlement proposal regarding the receipt point access rights at
> Wheeler Ridge.  I believe this is more market responsive, by letting the
> market decide the split of Primary Access Rights at Wheeler Ridge.
>
> Additionally, we are concerned with the market perception of the relative
> values of the two packages, as SoCal has defined them.  The market would
> place much greater value on the W.R.-North capacity (becasue of the
> secondary market value of the flexibility).  This would be purchased even
> by
> shippers desiring only K-M access; thereby limiting the perception of the
> quantity / quality of receipt point capacity access to PG&E and  OXY.  I
> would be happy to discuss this further.
>
> Please feel free to share any comments you have with SoCal and other
> parties.
>
>  <<Firm Primary and Secondary Receipt Point Access Rights>>
>
>
> Rich Hall
> 415-972-5115 <<Firm Primary and Secondary Receipt Point Access Rights>>

 - Firm Primary and Secondary Receipt Point Access Rights.doc


Two new winners for the week - Eldon took first place and Cary took 3rd - we
won't talk about the second place winner.

Another big shift in ranking with Donna, Eldon, Mickey and Steve all moving
up nicely.

No one dropped out of the Last Person Standing pool (those still standing
are indicated by an asterisk)

I would like to introduce our new members for this year:

Barrie Eddy - works at Robert Mondavi.  She is the financial manager for the
La Famiglia and Byron brands.

Cary Platkin is an attorney and is in business development with Hungry
Minds.   Check out the Website at HungryMinds.com.  His wife, Leslie, is an
attorney with Brobeck.  They live in San Francisco

Denis Henny is a deputy district attorney for the California Department of
Justice.  He lives in San Francisco with his wife, Lynne, who is a financial
forecasting manager for the California State Automobile Association.

Mike & Lisa Herring are the proud parents of TJ who is about 1 1/2.  They
live in the East Bay.  Mike works with Third Age - check out the Website at
ThirdAge.com.

Next week I'll do send some information on the returning members.

 - Scores99.xls


Karen,

Attached is what you requested. I went ahead and calculated the 10 yr average change of Inv, ship, and prod and I noticed that shipments have increased at a faster rate than prod or inventory.

Monika


It looks like Enron Japan was kept in the loop.  Let's keep it up.  Good luck
---------------------- Forwarded by Steven J Kean/HOU/EES on 02/20/2000 05:23
PM ---------------------------

Loretta Brelsford@ENRON_DEVELOPMENT
02/18/2000 04:59 PM
To: Steven J Kean@EES
cc:
Subject: 5 visitors from Enron Broadband Services (EBS), formerly Enron
Communications Inc

Steve - regarding the voice mail you left for Rebecca about the EBS visitors,
you can see from the note below that Wrobel and Hirl were notified and in
fact they are working out of the E-Power office.  Thanks for ensuring Rebecca
is kept in the loop.  Loretta
---------------------- Forwarded by Loretta Brelsford/ENRON_DEVELOPMENT on
02/18/2000 04:59 PM ---------------------------
From: Michael Grimes on 02/18/2000 09:34 AM
To: Mike Dahlke/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Loretta
Brelsford/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:

Subject: 5 visitors from Enron Broadband Services (EBS), formerly Enron
Communications Inc

FYI
---------------------- Forwarded by Michael Grimes/ENRON_DEVELOPMENT on
02/18/2000 09:37 AM ---------------------------

"Tomoko Shigeta" <shigeta@21stenergy.com> on 02/18/2000 04:08:31 AM
To: "Wrobel Bruce" <wrobel@21stenergy.com>, "Awano Hiroo"
<awano@21stenergy.com>, "Tatsuro Seguchi" <seguchi@21stenergy.com>, "Sloan
Carey" <sloan@21stenergy.com>, Joseph P
Hirl/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Nicholas
O'Day/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: "Maehara Yuuki" <maehara@21stenergy.com>, "Ikemi Yuko"
<Ikemi@21stenergy.com>, "Sumie Uchiyama" <uchiyama@21stenergy.com>, "Takebe
Saeko" <takebe@21stenergy.com>, "Inoue Noriko" <inoue@21stenergy.com>,
"Miyamoto Kyoko" <miyamoto@21stenergy.com>, "Yoshisako Yuji"
<yoshisako@21stenergy.com>, "Uchida Yoshiyasu" <uchida@21stenergy.com>,
"Shirota Toru" <shirota@21stenergy.com>, "Nakamura Tetsuro"
<nakamura@21stenergy.com>, "Kaneda Takehisa" <kaneda@21stenergy.com>,
"Fujinaga Takashi" <fujinaga@21stenergy.com>, "Suzuki Makoto"
<suzuki@21stenergy.com>, "Kobayashi Koji" <kobayashi@21stenergy.com>,
"Kuwabara Jun" <kuwabara@21stenergy.com>, "Sampei Hidenori"
<Sampei@21stenergy.com>, "Arai Daisuke" <arai@21stenergy.com>, Rousseau
Anai/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Seth
Hurwitz/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Michael
Grimes/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, "Sueyoshi Hiroaki"
<Sueyoshi@21stenergy.com>, "Row James.C." <James.C.Row@enron.com>, Sarah
Goodpastor@ENRON COMMUNICATIONS

Subject: 5 visitors from Enron Broadband Services (EBS), formerly Enron
Communications Inc

To all

We have 5 visitors from EBS next week.
Please find their schedules as follows:

Jim Row: IN 20th (Sun)  - OUT 29th (Tue)

Sarah Goodpaster: IN 20th (Sun) -  OUT 29th (Tue)

Colin Jackson: IN 20th (Sun) - OUT 26th (Sat)

Donald Lassere: IN 20th (Sun) - OUT 26th (Sat)

George Babaz: IN 23rd (Wed) - OUT 26th (Sat)

They  are going to stay Park Hyatt Tokyo.

And also please find the contact details for them in Tokyo as follows:

Epower Corporation
Address: Shinjuku Center Building 50th Floor, 1-25-1, Nishi-Shinjuku,
Shinjuku-ku, Tokyo 163-0650 Japan

Office switchboard: (03) 5324-9360 (From overseas: 81-3-5324-9360)
Office fax: (03) 5324-9384 (From overseas: 81-3-5324-9384)
Jim direct in: (03) 5324-9392 (From overseas: 81-3-5324-9392)
Jim cell phone: 090-7188-3706(From overseas 81-90-7188-3706)
Sarah direct in: (03) 5324-9505 (From overseas: 81-3-5324-9505)
Sarah cell phone: 090-7188-2367(From overseas 81-90-7188-2367)
Direct in for Colin, Donald and George: (03) 5324-9389 (From overseas:
81-3-5324-9389)

Park Hyatt Tokyo
Address: 3-7-1-2, Nishi-Shinjuku, Shinjuku-ku, Tokyo 163-1055 Japan

Switchboard: (03) 5322-1234 (From overseas: 81-3-5322-1234)
Fax: (03) 5322-1288 (From overseas: 81-3-5322-1288)

Minasan dozo yoroshiku onegai shimasu.

Regards,
Tomoko Shigeta

 - att1.htm


---------------------- Forwarded by Kay Mann/Corp/Enron on 04/20/2001 10:02
AM ---------------------------

"Reuter, Marisa" <MReuter@KSLAW.com> on 04/20/2001 09:59:38 AM
To: "Keffer, John" <JKeffer@KSLAW.com>, "'kay.mann@enron.com'"
<kay.mann@enron.com>
cc:

Subject: ENA/Blue Dog: conference call with Paul Hastings

When: Friday, April 20, 2001 1:00 PM-2:00 PM (GMT-06:00) Central Time (US &
Canada).

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

Please note that today's call has been rescheduled to 1:00 CST.  I told Paul
Hastings to dial in using the usual Sprint conference call number.

                    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.


---------------------- Forwarded by David M Gagliardi/TTG/HouInd on
06/21/2000 04:19 PM ---------------------------

Tracy Ralston <wdr3@swbell.net> on 06/21/2000 11:59:26 AM

To:   wdr3@swbell.net
cc:

Subject:  FW: True Orange Fax/E-Mail 55

-----Original Message-----
From: TruOrange@aol.com [mailto:TruOrange@aol.com]
Sent: Tuesday, June 20, 2000 8:46 PM
To: TruOrange@aol.com
Subject: True Orange Fax/E-Mail 55

True Orange Fax/E-Mail Service
Volume 8, Fax/E-Mail #55, Tuesday, June 20, 2000
Jerry Scarbrough's True Orange, P. O. Box 26530, Austin, Texas 78755 -
Phone
512-795-8536

Sonny Davis Awaiting Test Score; Barnum Watch Ongoing

DT Sonny Davis is amazed by all the internet speculation that he is headed
for junior college, and he says it isn't necessarily so.
"I haven't got my test score back yet," he said Tuesday from California,
where he is training with the Texas All-Star team that will meet the
California All-Stars Saturday night. If he makes a qualifying score, Davis
said he will be in a Longhorn uniform this fall. If he doesnt, well, that's
why he signed a letter of intent with Mississippi Gulf Coast Community
College, a Mississippi junior college.
"That's my backup plan," Davis said. "I don't know yet what I am going to
do."
Davis has enough core courses to qualify and just needs a qualifying test
score.
* * * *
Greg Barnum, the Killeen Ellison center who was being touted as an
All-America prospect at Tennessee this season before quitting the team,
says
he probably will enroll at Texas or Stephen F. Austin in September to
continue his football career. Tennessee coach Phil Fulmer has refused to
release Barnum to Texas, but has said he will release him to Stephen F.
Austin.
Without a release, Barnum would have to pay his own way for a year if he
enrolls at Texas.
I'd like to see somebody challenge a coach's right to refuse to release a
kid. Scholarships are renewable now on a year-to-year basis, so Fulmer or
any
other coach can get rid of a player by simply refusing to renew his
scholarship. If a school can fire a player, then it's only fair that a
player
be able to fire the school. I know it's an NCAA rule, but there is a thing
called the U. S. Constitution that takes precedence over NCAA rules.
* * * *
Texas has two great DTs in All-America Casey Hampton and Shaun Rogers, but
there is one at Blinn JC who might be just as good. He is Paul Broussard,
formerly of La Porte, which is Shaun Rogers' home town, too. Broussard was
a
great DT as a sophomore at La Porte when he weighed about 280, but he
ballooned up to well over 300 pounds as a junior and senior and was not as
dominating. He is about 6-4 and was back in the 290-pound range last year
as
a freshman at Blinn, and he was outstanding.
He's working in Austin this summer. If his academics are in order, let's
hope
Alfio Randall, the big OT at Blinn who plans to enroll at UT next January,
can talk Broussard into coming along with him.
* * * *
RECRUITING NOTES: The Longhorns have apparently stepped up their recruiting
of running backs. In addition to offering Anthony Johnson of Jefferson last
week, the UT coaches are now actively recruiting Cedric Benson of Midland
Lee, who is on the cover of Dave Campbell's Texas Football magazine, and
Jabari Davis of Tucker, Ga.. . . Six Longhorn recruits were scheduled to
play
in the All-Star game in California Saturday night, but WR B. J. Johnson of
South Grand Prairie is nursing a sprained ankle and had to withdraw. In
addition to Sonny Davis, the other future Longhorns are WRs Roy Williams of
Odessa Permian and Sloan Thomas of Klein, DE Kalen Thornton of Dallas St.
Mark's and center Jason Glynn of Richardson Berkner. That game is supposed
to
kick off at about 9 p.m. Texas time and is supposed to be televised by Fox
in
most areas of Texas.
* * * *
FOOTBALL NOTES: Another internet rumor that has no substance, but has great
interest for Longhorns and Red Raiders is the one that has former Tech
coach
Spike Dykes going to work for Texas. Since Spike is still under contract
with
the Red Raiders, it would cost him well into six figures to go to work for
the Longhorns. It might happen down the road, but not anytime soon. I
normally don't comment on internet rumors, but I have had so many queries
about Sonny Davis and Spike Dykes that I just decided to give the facts to
all of you. . . Sophomore DE Adam McConathy, who weighed about 230 last
season, is up to 252 pounds and hasn't lost any of his speed. He is
battling
Jermain Anderson and Maurice Gordon for the starting job at right end. All
three are outstanding pass rushers, and the coaches want them to get a
little
bigger so they can do a better job against the run. . . If Sonny Davis does
wind up going to a junior college, freshman  Stevie Lee and redshirt
freshman
Marcus Tubbs will back up Hampton and Rogers at DT this year and they will
be
the guys to beat for the starting jobs in 2001. Barring an injury, I don't
think anyone will beat out Stevie Lee.
* * * *
My next fax will be whenever events warrant.
* * * *
The True Orange Fax Service includes  at  least  99 faxes  a year and costs
$99 ($79 by E-Mail). The True Orange Newsletter includes  26 newsletters
and
is published weekly during football season and twice monthly during most of
the other months. It costs $45. Save by subscribing to both for $130 (or
$110
if you take the faxes via E-Mail  or $99 if you take the faxes and
newsletter
via E-Mail). Send check  to address at the top of page. I also  update my
900 number ? 1-900-288-8839 ? frequently with recruiting news. My E-Mail
address is: truorange@aol.com


FYI
---------------------- Forwarded by James Derrick/Corp/Enron on 12/05/2000
02:37 PM ---------------------------

"Dilg, Joe" <jdilg@velaw.com> on 12/05/2000 12:03:37 PM
To: "Derrick, James (Enron)" <james.derrick@enron.com>
cc:

Subject: FW:

Diamond, if you want to forward Jimmy's info directly to Ray his address is
3700 Trammell Crow Center, 2001 Ross Avenue  Dallas Texas 75201-2975 . His
phone number is 214-220-7922.  Joe
-----Original Message-----
From: Ray Hutchison [mailto:rahutch@swbell.net]
Sent: Sunday, December 03, 2000 6:10 PM
To: jdilg@velaw.com
Subject:

Joe:

I just returned to town and picked up your message re Enron General
Counsel's son and SMU. I am going to Washington early in the morning,
returning Wednesday evening.

I would be delighted to send a letter of recommendation to SMU Law School.
As a member of the School's Board of Visitors, I have had some success with
admissions, and would be happy try to help here. If he will send me a copy
of his college summary, I will prepare a letter and send it this week.

Hopefully, it will help. As you know, SMU is a long-time client, and Kay and
I, as well as the Firm, are significant money contributors to the School.

Regards.

Ray H.
          ++++++CONFIDENTIALITY NOTICE+++++
The information in this email may be confidential and/or privileged.  This
email is intended to be reviewed by only the individual or organization
named above.  If you are not the intended recipient or an authorized
representative of the intended recipient, you are hereby notified that any
review, dissemination or copying of this email and its attachments, if any,
or the information contained herein is prohibited.  If you have received
this email in error, please immediately notify the sender by return email
and delete this email from your system.  Thank You


I take Jeff Graham n  drop Koren Robinson


We will be here for Easter.  I am off work on that good friday, it is a nymex
holiday, so we can hang out.  Give me a shout.  Looking forward to it.  Did
Jason go to Vegas this weekend?  I thought you had said he was going.  I had
a blast, won about $650.  Talk to you soon.
PL


This shows the additional amount related to the Fountain Valley change order,
formerly known as Change Order #6.

Hope this helps.

Kay

---------------------- Forwarded by Kay Mann/Corp/Enron on 12/12/2000 09:21
AM ---------------------------

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

 - changeorder#6rev2.doc


No problem.

D

	Enron North America Corp.

	From:  Robert Cotten                           03/28/2001 12:34 PM

To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: f.o.m. HPL nom. eff. April 1, 2001

Daren,

I tried to get KCS to give me the nom earlier but it is just now coming in.
The nom on Vance's spreadsheet was 7,129.  KCS is reducing the gathering
piece to 5,500.

Bob
---------------------- Forwarded by Robert Cotten/HOU/ECT on 03/28/2001 12:26
PM ---------------------------

Bob Withers <rww@KCSEnergy.com> on 03/28/2001 11:16:01 AM
To: "Bob Cotten (E-mail)" <Robert.Cotten@enron.com>
cc: Knox Westmoreland <rkw@KCSEnergy.com>, Stretch Brennan
<djb@kcsenergy.com>, "Tom Acton (E-mail)" <Tom.Acton@enron.com>
Subject: f.o.m. HPL nom. eff. April 1, 2001

This is the estimated Josey Ranch nomination for the month of April 2001.
The HPL nomination volume to be effective 4/1/2001 is:

      5,500 MMBtu/day for KCS Resources
     1,500 MMBtu/day for TEXACO
     7,000 MMBtu/day Total (assumed Btu factor of 1.083
@ 14.65 dry)

If you need additional information, KCS' field contact is Stretch Brennan in
Victoria: 512 / 576 - 1005.

Bob Withers  <* )) >><
KCS Energy, Inc.
5555 San Felipe, Suite 1200
Houston, TX  77056
Voice 713-964-9434   Fax 713-877-1394


Senator Dunn conducted a press briefing earlier today in regards to his
"Select Committee to Investigate Price Manipulation of the Wholesale Energy
Market." ?

Following is a summary of what was discussed:

Today's hearing:
Where: ?Room 3191, 1pm
Who: Carol Coy, South Coast Air Quality Management District
SCE was invited but unable to attend due to the bankruptcy issue which
apparently ?????consumes all of ?their time and resources....
Topic: ?The "laundering" of air emissions credits. ??Apparently the cost of
air emissions credits is pushed up due to the laundering of credits by
generators, and as a result should not be used to justify high electricity
prices. ?

Upcoming Hearings:
When: ?Friday, June 22
Topic: ?Plant operations
Who: ?TBD

When: ?Friday, June 29
Who: ??GENERATORS TESTIFY

Other items discussed:

Documents requests issued to LADWP and DWR. ?LADWP has apparently been very
very very "very cooperative" with the request. ?
Subpoenas have been issued to Duke, Dynegy, AES, NRG, Enron, Reliant,
Williams
A subpoena was issued to SCE requesting the following information:
?1. ?Internal documents related to the surveillance of market
competitiveness. ?2. ?Maintenance records and 3. ?Internal documents related
to the sale of California generation assets.
A subpoena was issued to Morgan Stanley, who was retained to prepare
documents related to the sale of some of California's generation assets.

????????????? ?NOTE: ?The point is that the price paid for generation assets
was "much higher" than many experts anticipated. ?The committee will be
looking into whether generators purchased these assets at significantly
higher prices because they knew they would have market power -- and the
ability to set prices high.

Subpoenas will be issued to PG&E and SDG&E

Please feel free to call if you have any other questions. ?Thanks - Jean

--
Jean Munoz
McNally Temple Associates, Inc.
916-447-8186
916-447-6326 (fx)


Attached please find a clean and redline document reflecting the changes we
discussed this morning.  Please let me know if you need anything further.


The McKinsey Quarterly Newsletter
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Darrell,

Thanks a lot. I really appreciate your quick response.

I shall be in Palo Alto between October 10 and October 20.
Let's meet for dinner. I shall send you the exact date of my
trip in a few days.

Vince

Darrell Duffie <duffie@Stanford.EDU> on 08/17/2000 07:37:51 PM
Please respond to Darrell Duffie <duffie@Stanford.EDU>
To: Vince.J.Kaminski@enron.com
cc:
Subject: Re: Full version

I read the chapter. Generally,
I like it, and find it non-controversial
and well written. Of course, this is
a huge topic and there are things
that you haven't discussed.

I thought the amount of attention
paid to OLS and MLE estimation
was a bit overboard, given that you
didn't really exploit it in your
results. If you were to state
the likelihood function for
the GARCH model, it might justify
the amount of attention to
gave to estimation for
simple iid processes, which could then
be thought of as a simple lead-in
and intuition builder to
the more interesting models that
you do actually use.

By the way, in your discussion of
smiles, you discuss fat tails
extensively. At least for equity markets,
while fat tails contribute, they don't do very
much at all compared to the effect
of risk premia, which you allude to briefly,
using supply-demand language, at the
end of that section.

For the impact of risk premia, see
Jun Pan's paper, which is available
from her web page. But she covers
only SP500, (as do most studies),
and your markets are obviously much different.

The chapter will be a good service to your readers!

Best, Darrell

> X-Lotus-FromDomain: ECT
> From: "Vince J Kaminski" <Vince.J.Kaminski@enron.com>
> To: Darrell Duffie <duffie@Stanford.EDU>
> cc: "Grant Masson" <Grant.Masson@enron.com>, "Vince J Kaminski"
<Vince.J.Kaminski@enron.com>
> Date: Wed, 16 Aug 2000 16:37:53 -0500
> Subject: Re: Full version
> Mime-Version: 1.0
> Content-Disposition: inline
> X-UIDL: 00453eda98c82d709e6123af537e4f63
> X-Keywords:
>
>
>
> Darrell,
>
> Thanks a lot. I really appreciate it. The text is below our usual
> standards but we are completely swamped with work here.
>
> Vince
>
>
>
>
>
>
>
> Darrell Duffie <duffie@Stanford.EDU> on 08/15/2000 04:54:23 PM
>
> Please respond to Darrell Duffie <duffie@Stanford.EDU>
>
> To:   Vince.J.Kaminski@enron.com
> cc:
> Subject:  Re: Full version
>
>
> I'll have a look!
>
> I haven't much time, but can certainly
> get you a quick reaction, at least!
>
> Best, Darrell
>
>
> > X-Lotus-FromDomain: ECT
> > From: "Vince J Kaminski" <Vince.J.Kaminski@enron.com>
> > To: duffie@Stanford.EDU
> > Date: Thu, 10 Aug 2000 14:04:47 -0500
> > Subject: Full version
> > Mime-Version: 1.0
> > Content-Disposition: inline
> > X-UIDL: 9fef7462afa5d4ee6c04c9c02df71b25
> > X-Keywords:
> >
> >
> >
> > Darrell,
> >
> > Grant just alerted me that I sent you only  part of the text.
> >
> > Here is the full chapter with an aged version of Gran't part.
> > What I sent you represents an update of his contribution.
> >
> > Sorry for that.
> >
> > Vince
> >
> >  (See attached file: vol0720.DOC)
>
> _____________________________________________
> Darrell Duffie
> mail  GSB Stanford CA 94305-5015 USA
> phone 650 723 1976
> fax   650 725 7979
> email duffie@stanford.edu
> web   http://www.stanford.edu/~duffie/
> _____________________________________________
>
>
>
>
>
>
>

_____________________________________________
Darrell Duffie
mail  GSB Stanford CA 94305-5015 USA
phone 650 723 1976
fax   650 725 7979
email duffie@stanford.edu
web   http://www.stanford.edu/~duffie/
_____________________________________________


I talked to Bill Newman (Southern) about this proposal yesterday.  I asked Bill if we were correct in reading the proposal to say that Southern was now open to consider the use of financial rights for transmission rather than physical rights.  He said that was correct.  I asked him if they were also willing to consider an auction as a mechanism to allocate financial rights.  He said they would consider an auction as long as they could have a way to obtain the rights needed to serve native load without driving up the cost of that service.

This is a major change in Southern's position and may open the door for resolving the major differences between the SETrans group and the Grids on congestion management functions, assuming the Grids stay with the approach that came out of the FERC mediation sessions.

I also asked Bill if he was negotiating with Entergy to form an RTO.  He said he could not confirm that officially (but confidentially- they were talking a lot more and we should see something in a couple of weeks.  He also indicated that this was the reason they were now open to the financial rights approach).

Based on the above, I think the Southern transmission pricing proposal was their attempt to gain support of the PSCs, by addressing the PSCs concerns about transmission cost increases, and to open the door to resolving the differences Southern has had with Entergy over financial vs physical transmission rights.

As far as the proposal is concerned, and the study by the Analysis Group/Economics,  there are a lot of issues we could raise with both.  The study is only valid for the specific assumptions they made (rolled in rates for all transmission and long-term sales from Henry Hub to PJM) and Southern's proposal, once again, leaves too much unspecified to know exactly what they intended.

I think we would be best served by taking the position that we welcome the study report pointing out the some of the very issues that need to be addressed in the next phase being proposed by FERC for the development of a Southeast RTO, and we are glad to note that the Analysis Group recognized that many of the issues raised could be resolved by  previous proposals to reform transmission pricing, such as the proposal to auction financial rights that Enron has been advocating.  We are also pleased to note that Southern has also recognized the use of financial rights as a viable alternative to physical transmission rights.

Please let me know if you do not agree with the above approach, and I'll give you a list of issues we could raise with the Southern proposal. But, I think we should wait a couple of weeks and see if Southern and Entergy have something put together we can address.

-----Original Message-----
From: Steffes, James D.
Sent: Fri 11/2/2001 9:50 AM
To: Connor, Joe
Cc: Nicolay, Christi L.; Novosel, Sarah
Subject: FW: Southern Company releases reports on nation's transmission system

Joe --

Can you please give me your comments on this report by Southern?  Also, what do you think that Southern intends to gain for itself? I guess that the zonal model would force all generation to site on the boundries of Southern.  This goes against the single rate model for RTOs that FERC appears to desire = continues pancaking.

Jim

 -----Original Message-----
From:   "Samantha Slater" <SSLATER@epsa.org>@ENRON
Sent:   Friday, November 02, 2001 9:21 AM
To:     bhueter@enron.com; Linnell, Elizabeth; Kingerski, Harry; jmigden@enron.com; jsteffe@enron.com; Robinson, Marchris; Petrochko, Mona L.; Kaufman, Paul; rboston@enron.com; rshapiro@enron.com; snord@enron.com; Montovano, Steve; Landwehr, Susan M.

Subject:        Southern Company releases reports on nation's transmission      system

Southern Company releases reports on nation's transmission system

Thursday, November 01, 2001
Contact: Laura A. Gillig, 404-506-5333 or 1-866-506-5333
media@southerncompany.com

Southern Company today released two reports on critical issues facing the nation's electric transmission system that need increased attention by federal policymakers.

The first report authored by the economics consulting firm Analysis Group/Economics, Inc. presents some of the key problems with traditional regulatory policies that are inhibiting investment in new transmission facilities and distorting location decisions by new generators.

On October 10, 2001, Allen Franklin, Southern Company's chairman, president and CEO, testified before Congress regarding the need to provide better transmission pricing signals to generators so that they will be incented to locate closer to customers and in areas not requiring substantial new transmission investment. The problem presented is critical to Southern Company, as over 30,000 MW of new generation is seeking to locate in Southern Company's service area - an amount far greater than will be needed by area consumers. Most of this generation will be sold outside of the region, and will require major expansion of the transmission system. In most of these cases, it would have cost less and have been more reliable to locate the generation closer to its customers, but because generators don't face the true costs they impose on the transmission system, they are more likely to locate closer to sources of gas to fuel the plants, without regard to the transmission costs imposed.

The study conducted by Analysis Group/Economics finds that it generally would be less expensive to locate generation close to consumers and build gas pipelines when needed than to build generation near the gas fields and transmit the power to consumers located far away. Yet under current Federal regulatory policies, where gas pipeline pricing is distance sensitive and transmission pricing is not, exactly the wrong price signal is being provided to generators. Inconsistent pricing simply does not make sense for two competing energy infrastructures.

Southern Company has proposed a solution to this current inefficient pricing regime, which is described in the second report being released today - a "Southern Company Transmission Pricing Proposal." The proposed solution is a regulated pricing framework that takes into account the major factors that affect the incremental costs of providing transmission service - distance, congestion and losses, more closely aligning electric transmission and gas pipeline pricing policies. Distance

sensitivity is factored into the pricing proposal by using a zonal rate system, where longer distance transactions over multiple zones pay more than shorter transactions within a zone. Congestion is dealt with through the use of locational marginal pricing, and losses are handled through

distance-based loss factors or some other method of measuring marginal losses.

The Southern Company proposal also suggests that generators who create the need for transmission upgrades that do not benefit other customers should pay for those upgrades, in return for which they would receive rights to use the transmission system without paying congestion costs. These transmission rights could be sold to third parties in a secondary market. This form of "participant funding" will ensure that generators face the costs of the location decisions they make, leading to more efficient decisions and eliminating uneconomic and unnecessary transmission investment and thus reducing energy costs for consumers.

The Southern Company proposal also points to the importance of sufficient returns on transmission investments to provide the proper incentives for expansion of the networks. The nature of the transmission business is changing dramatically, and returns have to be re-evaluated as a result. Also emphasized is the importance of incentive or performance-based rates, particularly for regional transmission organizations that are being formed around the country, and the need to eliminate regulatory lag for cost recovery of the substantial investments that will be made in the transmission system over the next decade.

 - SO_FullRep.pdf <<SO_FullRep.pdf>>
 - AGE_FullRep.pdf <<AGE_FullRep.pdf>>


Sara,

Our traders want to know the status on the agreements for JP Morgan and Bear
Stearns.  They would also like to begin using these services with additional
brokers and need to know how long it takes legal to provide our comments to
the executing broker from the point that we receive the initial agreement
from them.  Please advise as soon as possible.

Thanks,
Aneela


Hold on.  Dan and I discussed it, but it is not my call whether anyone other than EES bears those costs.  For what it's worth, I agreed with Dan that to the extent Tom and Ken had reached agreement regarding, among other things, Tom's use of the corporate aircraft for non-EES purposes, that it may not make sense to have EES bear those costs.  But it was clear in my conversation with Dan that it was not my call to make.
 -----Original Message-----
From: 	Stubblefield, Wade
Sent:	Friday, August 24, 2001 7:24 PM
To:	Causey, Richard; Butts, Bob
Cc:	Leff, Dan; Kean, Steven J.
Subject:	Tom White Expenses

Rick/Bob,

Dan had a discussion with Steve Kean regarding expense attributable to Tom White during 2001.  It is my understanding from their discussion that they agreed that EES should not have to bear these costs and that I should get with you to get the appropriate place to charge them.

Bob, can you please provide me with the right home.

Please call if you have any questions.

Wade

 << File: Tom White summary2.xls >>


Bought QQQ 6/13
	Bought TIBCO 7/18
	Charties - German Sheppard Dog Rescue of Houston - $533
	Charities - Juvinile Diabetes Foundation $300
	I also had payroll reduction at Enron to United Way

	Paid $533 at closing for real estate taxes.

 -----Original Message-----
From: 	<vicki.l.meszaros@ca.pwcglobal.com>@ENRON [mailto:IMCEANOTES-+3Cvicki+2El+2Emeszaros+40ca+2Epwcglobal+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Tuesday, May 22, 2001 11:15 AM
To:	gstorey@enron.com
Subject:	Stock Purchases

Oops, another outstanding item...

Could you please provide me with the date of purchase of your Tibco and
Nasdaq 100 shares.  You gave me the cost per our phonecall, but I forgot to
get the acquisition dates from you.

Thanks,

Vicki

---------------------- Forwarded by Vicki L. Meszaros/CA/TLS/PwC on
05/22/2001 10:12 AM ---------------------------

Vicki L. Meszaros
05/22/2001 09:14 AM

To:   gstorey@enron.com
cc:
Subject:  Charitable donations

Hi, Geoff,

I have not received your list of charitable donations.  Please send (fax)
to me as soon as possible, so that I may finalize your U.S. return.

Thanks so much,

Vicki Meszaros

PricewaterhouseCoopers LLP
Phone (403) 509-7469
Fax (403) 781-1825

----------------------------------------------------------------
The information transmitted is intended only for the person or entity to
which it is addressed and may contain confidential and/or privileged
material.  Any review, retransmission, dissemination or other use of, or
taking of any action in reliance upon, this information by persons or
entities other than the intended recipient is prohibited.   If you received
this in error, please contact the sender and delete the material from any
computer.


RE:  the tx buyout announced on Friday.  the best info available is the story
in today's WSJ.  that help?

Best,
Jeff


We'll do the regularly scheduled update next week 11/5 when we will hopefully have more market feedback.  Right now we are still working to secure market commitment and design rate structures that meet their needs and Enron's hurdle rates.  Please call me if you have questions.

kh


In addition to World Markets Energy information  <http://esource.enron.com/worldmarket.asp>
 and Country Analysis and Forecasting, <http://esource.enron.com/worldmarket_CountryAnalysis.asp>

eSource now offers free access to World Markets - Regulatory Analysis

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		Daily Reports - Legal, regulatory and policy developments in 185 countries. Comprehensive monitoring of legislative, regulatory and policy
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Rahil is working with me on a presentation that covers what our services are,
the creation of a pricing desk, how that will work (process and revenue
sharing), selling of services for others, our operations pricing model, the
DASH process, key contacts in operations, etc.  I expect to review a draft by
this Friday.  Tomorrow we will have the date set for such a meeting.  We are
checking travel schedules for Laura Luce and Max Y. to see if we can catch
both in Houston sometime next week.  Greg Piper suggests a meeting with all
origination heads at once (a mini offsite).  We will do that if we can set a
date that works for a majority.  If that doesn't work, we will simply do
one-on-ones over the next ten days to get everyone.  Targeted attendees are:

Gas   Frank Vickers (East)
   Laura Luce (Central)
   Barry Tycholiz (West)

Derivatives  Fred LaGrasta

Power  Dave Duran
   Ozzie Pagan
   Ed Baughman
   Bruce Shuckley

Portland  Chris Calger

Calgary  Ladain

Mexico  Max Y.

When you and I met we discussed most of these names.  I added the Calgary guy
and Max.  I also want to share this info with Bob Shults and his EOL
marketing team.  They talk with a lot of customers and may have the
opportunity to bring up our services as well.  We have spent some time with
Jean Mrha and John Grass, and will share the presentation with them as well.

Do you want to add any names?   If we do wind up with one date that will work
for most, I will let you know that tomorrow so that you can attend if you
would like.  --Sally

Louise Kitchen
04/04/2001 03:50 PM
To: Sally Beck/HOU/ECT@ECT
cc:
Subject: Costs

Weren't we supposed to be having a meeting on costs of back office services
with the Heads of Origination?  Are we close to having this?

Thanks

Louise


Sam,

Do we have a new person to cover?

Vince

	Enron North America Corp.

	From:  William Smith @ ENRON                           08/11/2000 10:20 AM

To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Monday's Newsletter

Good morning, Vince!

Would you mind doing a Kaminski Column for Monday?  If you'd rather not, I
can probably get a "new person" piece by then.  Also, will Maureen have Part
2 ready for this coming week?  I hesitate to ask her myself, because I think
it is a sore subject now.

Sincerely,

Sam


Hello,  George.
1.   The actual shift change occurs at 6 am until further,  however,  I expect traders to arrive at least 20 minutes before shift change.
2  the September work schedule is attached
3.  I understand that most park in daily fee, "outside" lots.

Thanks,
JMF

 -----Original Message-----
From: 	Phillips, George
Sent:	Tuesday, September 04, 2001 9:50 AM
To:	Forney, John M.
Subject:	Couple of Questions

John,

Good morning.  Just wanted to pose a couple of questions that I was thinking about this weekend.  First, does the shift begin at 5:30or 6?  I know you had mentioned that you may change the hours.  If you know, what is the general consensus for those  individuals working night and days, as far as parking is concerned. Lastly, please forward me the September schedule when you get a chance?

Thanks John, I'm looking forward to coming up!!!  George


Giuseppe

The dinner is scheduled, as I have mentioned, to you at 7:00 p.m.
Wednesday at Il Fornaio, Canaletto Room.

Both you and Eric are welcome to join us.

Vince


I am working with outside counsel to prepare a standard set of guidelines to
be applied in generating content for EOL.  However, I wanted to circulate a
few general rules of thumb since the final guidelines are not yet ready.

1.  Use of CP names.  As a rule, I would advise against including
counterparty names in EOL content.  Whether we have the rights to publish a
name depends upon the contractual relationship with the particular
counterparty.  As a general rule, I therefore recommend that we just don't
use names.

2.  Publication of Third Party Content.  If we have a contractual
relationship with a content provider, we cannot republish information --
either in its original form or in a compilation -- unless the republication
is permitted by the underlying contract.  So, the information should not be
used unless legal has reviewed the contract.  Since this review takes time,
it's best to avoid using the information if possible.  With regard to other
third party sources, I am also concerned about republishing either direct
copies of or compilations of information derived from third-party sources and
thus advise that if at all possible, internally generated graphs, charts,
etc. is much to be preferred.  We need to discuss this issue in greater
detail early next week.  If we determine that it is desirable to use a
particular source for a good deal of content, it might make sense to approach
the content provider to obtain express rights of republication.

3.  General Advisory Language:  We need to avoid language that leads to the
implication that we are providing advisory services to our counterparties.
We intend to beef up the Legal and Privacy Statement to make clear that Enron
is an arms-length trading partner, not an advisor.  However, the content
included in the site needs to be consistent with this statement.
Accordingly, we need to avoid phrases like "we can help you" (compare to "we
offer products that can help you"), "services", "partner", etc.   I'd like to
consider deleting from Kal's presentations all information relating to
Capital Financing, Debt and Equity and Project Financing.  For direct market
literature, I think these types of discussions have a lot of value.  However,
the EnronOnline garden may not be an appropriate venue for the information.
Let's think about this one.

4.  Balance:  We need to avoid "puffery" and ensure that all presentations
are balances.  Thus, we need to present the downside as well as the upside of
utilizing various products in a balanced manner.  In general, I'm okay with
the content I've seen thus far on this point, but it is a rule of thumb we
all need to follow.

Leslie


To Our Readers:

Here's what's making headlines at this hour:

US. operatives are in northern Afghanistan in an early step towards
forging political and military links with opposition groups fighting the
Taliban, ABCNEWS has learned.
http://abcnews.go.com/sections/world/DailyNews/STRIKE_MAIN.html

The investigation into who is sending "anthrax letters" focuses on West
Trenton, N.J., where two postal workers have the skin form of anthrax.
Dozens of investigators will go mailbox to mailbox searching for clues.
http://abcnews.go.com/sections/us/DailyNews/US_ANTHRAX.html

Plus,

Death or Fear?  What exactly is the point of the anthrax attacks?
http://abcnews.go.com/sections/us/DailyNews/STRIKE_psyche011019.html

Using Patriotism to Sell Products - Bad Taste or Civic Duty?
http://abcnews.go.com/sections/business/DailyNews/patriotic_ads_011019.html

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-----Original Message-----
From: 	kdavis@manfinancial.com@ENRON
Sent:	Friday, November 02, 2001 11:06 AM
To:	Arnold, John
Subject:	RE: Positions

734 and we're done

-----Original Message-----
From: John.Arnold@enron.com [mailto:John.Arnold@enron.com]
Sent: Friday, November 02, 2001 5:09 PM
To: kdavis@manfinancial.com
Subject: RE: Positions

we have already done the aug 03, how many may 02 do you want us to do?

    -----Original Message-----
   From:   kdavis@manfinancial.com@ENRON
   Sent:   Friday, November 02, 2001 10:54 AM
   To:     Arnold, John
   Subject:  RE: Positions

   John

   The simplest thing would be to disregard the 926 Aug'03 instructions and
   to
   do the 1660 May 02 only....

   Your call

   Kevin

   -----Original Message-----
   From: Davis, Kevin (LDN Int)
   Sent: Friday, November 02, 2001 4:48 PM
   To: 'John.Arnold@enron.com'
   Subject: RE: Positions

   The answer would be yes if it were the only ex-pit instructions we
   received
   today.

   Given that you have instructed us already to ex-pit the 926 August 03
   position, we would only want you to transfer 734 of the May 02 futures.

   If you only do the 1660 May 02 or, if you do the 926 august 03 and 734
   May
   02 then YES, we will wire the money immediately after one or other of
   those
   expits are achieved.

   Kevin

   -----Original Message-----
   From: John.Arnold@enron.com [mailto:John.Arnold@enron.com]
   Sent: Friday, November 02, 2001 4:43 PM
   To: kdavis@manfinancial.com
   Subject: RE: Positions

   Will you wire the money immediately when this is done?

       -----Original Message-----
      From:   kdavis@manfinancial.com@ENRON
      Sent:   Friday, November 02, 2001 10:10 AM
      To:     jarnold@enron.com
      Cc:     Wesner-Soong, Sarah; Deffner, Joseph
      Subject:  Positions

      Dear John

      In place of the original transfer of options that we sent you
   yesterday,
      I
      propose the following transfer instead. You will note that it
   includes
      no
      options at all.

      short 1660 May 2002 futures

      Please understand that this entire affair is making me as
   uncomfortable
      as
      it is clearly making you.

      Kind regards
      Kevin R Davis

   **********************************************************************
   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.
   **********************************************************************


CALENDAR ENTRY:	APPOINTMENT

Description:
	Great River Energy - Lia H (4109)

Date:		7/19/2000
Time:		9:00 AM - 10:00 AM (Central Standard Time)

Chairperson:	Outlook Migration Team

Detailed Description:


For your viewing pleasure, the 2001 Customer Event photos can be found in the
following location:

P:\Photos\2001 Customer Event

Enjoy!


I an glad to hear that all our 4Q'93 friends are fine. It is a real sorrow to
know about the classmate that died. These are truly difficult times and we
have to do our best to keep our hopes up. Sorry, but I did not get to check
my personal e-mail till today.

On a better note, let me tell you all that last week I had my civil wedding
with a charming girl from Brasil, named Kelly. We will have our religious
wedding next year in Brasil, hopefully we will see a few there on June 8th.
We are living in Mexico City right now, and would be very glad to hear from
any of you and go out, if you come here once in a while. My phone is
525-281-03-67.

All the best, and try to keep a positive attitude to get through this
international "hump". At the end everything will be better for "that which
does not kill us, only makes us stronger".

                                    Jaime


Hey Greg.

If you ever are in Houston again give me a call.  I want to talk to you about
the order stuff in the second version of
EOL.


Vector Pipeline will be purchasing line pack for gas days November 18
through 20, 2000. Please see attached document.

(See attached file: Offer to Purchase Nov. 18-20.doc)
Keith Irani
Manager, Marketing Services
Vector Pipeline
416 495-5960
keith.irani@cgc.enbridge.com
 - Offer to Purchase Nov. 18-20.doc


FYI fallout
---------------------- Forwarded by Mike A Roberts/HOU/ECT on 05/04/2001 02:05 PM ---------------------------
From:	Sue Neville/ENRON@enronXgate on 05/04/2001 02:02 PM
To:	Mike A Roberts/HOU/ECT@ECT
cc:	Lee Ferrell/ENRON@enronXgate, Kent Miller/ET&S/Enron@ENRON
Subject:	Candlestick Charts

Mike,

I work for Enron Transportation and Storage in their Storage Marketing group.  My group has been using technical analysis from your website to help make daily storage trading revenue decisions.  On your web site, you indicated you would be discontinueing some of the information we use.  We had interviewed external technical service profiders, and chose not to buy their service because we had your information available to us to help us make financial decisions.  Specifically, we need the candlestick charts and analysis on natural gas, and we also need the elliot wave analysis on natural gas.

Can you please reconsider your decision to discontinue the technical analysis data aforementioned?

Sue Neville
Director, Storage Marketing
ETS


see!  be nice.  do you need alcohol to be nice?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 19, 2001 9:24 AM
To:	Nelson, Michelle
Subject:	RE:

you make me mean

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 9:23 AM
To:	Maggi, Mike
Subject:	RE:

because it makes you mean

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 19, 2001 9:22 AM
To:	Nelson, Michelle
Subject:	RE:

why

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 9:20 AM
To:	Maggi, Mike
Subject:	RE:

no i'm not.  take that patch off.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 19, 2001 9:20 AM
To:	Nelson, Michelle
Subject:	RE:

yes you are

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 9:18 AM
To:	Maggi, Mike
Subject:	RE:

i don't think that i am liking you too much today.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 19, 2001 9:17 AM
To:	Nelson, Michelle
Subject:	RE:

it wasnt at the top of my to do list

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 9:16 AM
To:	Maggi, Mike
Subject:

you didn't tell me that becky got engaged.


- MacKayANN.doc


For your information and contemplation.

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 01/04/2001 01:43
PM ---------------------------

michael.o.sandridge@us.abb.com on 01/04/2001 01:42:58 PM
To: ben.jacoby@enron.com, Kay.mann@enron.com
cc: david.onuscheck@us.abb.com, karla.hesketh@us.abb.com

Subject: Contract comments

Ben/Kay,
After reviewing the contract with Dave we found only a couple of points that
we
would like to mention;
1) 1.48 the Maximum Liability Amount should be $768,000 USD
2) The unit will not be delivered until the last 10% (ten percent) retention
is
paid and we will post the surety bond as shown in in Exhibit D
3) ABB would not buy back the unit except from Enron.

Please let me know if there is any way that we may further assist you.

MIKE


Start Date: 12/17/01; HourAhead hour: 2;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2001121702.txt


The information contained herein is based on sources that we believe to be
reliable, but we do not represent that it is accurate or complete.  Nothing
contained herein should be considered as an offer to sell or a solicitation
of an offer to buy any financial instruments discussed herein.  Any
opinions expressed herein are solely those of the author.  As such, they
may differ in material respects from those of, or expressed or published by
on behalf of Carr Futures or its officers, directors, employees or
affiliates.  ? 2001 Carr Futures

The charts are now available on the web by clicking on the hot link(s)
contained in this email. If for any reason you are unable to receive the
charts via the web, please contact me via email and I will email the charts
to you as attachments.

Crude     http://www.carrfut.com/research/Energy1/crude27.pdf
Natural Gas     http://www.carrfut.com/research/Energy1/ngas27.pdf
Distillate     http://www.carrfut.com/research/Energy1/hoil27.pdf
Unleaded     http://www.carrfut.com/research/Energy1/unlded27.pdf

Dec WTI/Brent Spread
http://www.carrfut.com/research/Energy1/clz-qoz.pdf
Dec Heat Crack     http://www.carrfut.com/research/Energy1/heatcrack.pdf
Dec Gas Crack     http://www.carrfut.com/research/Energy1/gascrack.pdf
Dec/May Heat Spread     http://www.carrfut.com/research/Energy1/hoz-hok.pdf
Jan/Feb Heat Spread     http://www.carrfut.com/research/Energy1/hof-hog.pdf
Nov Gas/Heat Spread     http://www.carrfut.com/research/Energy1/hux-hox.pdf
Dec Gas/Heat Spread     http://www.carrfut.com/research/Energy1/huz-hoz.pdf
Nov/Mar Unlead Spread
http://www.carrfut.com/research/Energy1/hux-huh.pdf

Nat Gas Strip Matrix
http://www.carrfut.com/research/Energy1/StripmatrixNG27.pdf
Nat Gas Spread Matrix
http://www.carrfut.com/research/Energy1/SpreadmatrixNG27.pdf

Crude and Products Spread Matrix
http://www.carrfut.com/research/Energy1/SpreadmatrixCL27.pdf

Scott Oblander
312-762-1015
312-762-1014 fax
Carr Futures
150 S. Wacker
Suite 1500
Chicago, IL 60606


Mark,

 Thank you for the offer, but I am not doing the ride this year.
 Good luck.

Phillip


Mr. Kaminsky,
I still need grades for:

ISRANI, Rakhi
LU, Feng
PLANCK, Jeffrey
SO, Winny
TAYLOR, Orlando
WANKHADE, Sanjay
ZHANG, Ning

I will be available by e-mail this evening or by phone (5:30 or so) at
713-668-1704.? I just called the registrar's office and if I bring in the
grades by 8:30 tomorrow morning we will be fine.? Please advise.

Thanks for your help. - Pam

At 08:23 AM 5/4/01 -0500, Vince.J.Kaminski@enron.com wrote:
Pam,

The last group.
Please, let me know if any name is missing.

(Embedded image moved to file: pic25177.pcx)

Grade: A

Thanks a lot. It was a pleasure working with you.

Vince Kaminski


Kim:

Please review and add anything you want and return.

C

John/Sean:

A few thoughts on the Griffith deal:

1.  Term:  PPL indicates they want to do the deal through 2003.  That is really 2003 - 2004 as it incldues Nov - Mar.  Extension until this time might require extension of our underlying deal.  This would be OK with us.
2.  Character of service:   The text indicates that PPL would have the right to request deliveries be made to an alternqate point on TW.  Why would they want this?  This could be a problem if we know the gas wouldn't flow as we would shut in puchases.  We would like to make this on a mutually acceptable basis.
3.  Pricing:  Does the reservation cahrge include variable transport?  I think that is what we proposed.  If not, then the Commodity rate flow needs to include the variable cost of  transport plus fuel.
4.  Conditions:  Noms must be in at 8:00 am.  This is very important and the a deal killer.  We need time to manage the position.  Also, the weekend issue needs to be addressed.  As we have discussed, weekends trade as the same quantity each day.  If they want to vary the daily amoount during the weekend and make Sunday higher than Sat or Monday, that is fairly ewaasy to deal with.  If they want to have lower takes on Sunday, this is more difficult ad increases costs.  We might be able to craft a solution to this however.

Chris

	Enron Capital & Trade Resources Corp.  From:  CoganJA@aol.com                           04/02/2001 12:35 PM

To:	<cfoster@enron.com>
cc:	<sbreen@czn.com>
Subject:	Fwd: Citizens Gas Supply Offer - PPL counter proposal

Chris,

Here is the counter.  I will talk to you before I get own the plane.

John

Return-Path: <tjcrupi@pplweb.com>
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Date: Mon, 2 Apr 2001 15:16:20 -0400
Message-Id: <"H0000f820a8747f1.0986238980.em-srv-a*"@MHS>
Subject: Citizens Gas Supply Offer - PPL counter proposal
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Sean/John,
We'd like to thank you for puttting together this offer for bundled supply to
our Griffith facility.  We are very agreeable to the structure and general
framework that you have laid out.  We did make a few modifications however and
you can find them in the attached redlined version of your proposal.  We will
available to discuss this proposal with Citizens.

Thanks

Terry

 - PPL - Griffith Gas Sales Proposal-rev.doc


Chris,

I am sending Kevin a memo today with the new language.

Stacy


John Brindle has arranged for our office to go to GW hospital now for testing.  We will be out of the office, but reachable by cell and blackberry for the next couple of hours.  Although we are all going to GW per Brindle's instruction, I would guess that only those who have been in Hart since Monday will be given treatment.  Larry Decker is the only person in Hart yesterday and today.  Most Leg staff have been in there since last Thursday.


FYI - I spoke with Kevin today and he volunteered the following individuals to help you curve validation.
Chris Dorland - West
Doug Gilbert-Smith - ERCOT
Dana Davis - NE
Fletch Sturm - MW/SE

Ed


Twanda, would you please schedule a meeting with me, Hector, Sheila W., and
Brian Schaffer re:  follow up to the Bashen information?  I would like to
have this group discuss how to close the loop with Sally's employees and
implement any recommendations for follow-up.
I think the meeting with last approximately 1 1/2 hours.

Thanks.  Michelle


Stacey,

Harlan Murphy informed me that City of Redding has not terminated.  I asked him to have Stephanie Panus take it off of the master list as a "Y".  I called Steve Hall and Steve had Harlan call me with the answer to City of Redding.

Let me know if you need me to help with anything else.

Thanks,
Melissa

 -----Original Message-----
From: 	White, Stacey W.
Sent:	Thursday, January 10, 2002 5:44 PM
To:	Murphy, Melissa; Denton, Rhonda L.; Panus, Stephanie; Portz, David
Cc:	Reeves, Leslie; Theriot, Kim S.
Subject:	Update to Termination Reconciliation

I have not recompared the Master Log to the 'Physical Terminated' spreadsheet.  This is just an update of my initial review.  Any comments would be appreciated.  I have also not included the Auto Terminations that we found out about today.  After tomorrow's updates, I will do these.  We are planning on moving the auto-terminations identified by David and confirmed by Kimberly to the bankruptcy book tomorrow.  If anyone has a problem with the counterparties identified, please let me know as soon as possible

Thanks,

Stacey

 << File: Termination Reconciliation.xls >>


EXECUTIVE SUMMARY
?	DWR Contracts Being Negotiated
?	California Legislature Comment on Plan B

Long Term Contracts
Sources report that the state's lawyers are currently examining how to break the recently negotiated long term power contracts.  Assemblyman Fred Keeley has directed his staff to go through and look for any loopholes and sources also believe that the state is looking for ways to "hold the generators to the contracts they want to keep, but break those contracts that they want to break."

Sources gathered the following information on Plan B through private interviews with California legislatures Sen. John Burton and Assembly Speaker Robert Hertzberg.
Speaker Robert Hertzberg:
?	Speaker Hertzberg has spent most of his time lately on the budget, but continues to make efforts related to the Plan  B.  Hertzberg is very aware how unlikely it is that he will succeed in putting any plan through the  legislature, particularly the Senate.  (He believes it will be possible to put a Plan B through the Assembly).
?	Hertzberg is personally committed to at least attempting to put a Plan B  through the legislature.  This is because he is close to business and wants to see SoCal saved.  He "wants a win under his belt before he leaves the Senate next year" so that he can take that win into whatever he does next.   Davis has laid the burden of bailing out SoCal on Hertzberg.  Hertzberg is determined  to put a piece of legislation on the floor.  However, he does not, at this time, know when this will happen, nor does he know what the share of the dedicated rate component will be for businesses and ratepayers, which remains a key sticking point.
?	When asked about Plan B's chances of passing the Senate, Hertzberg responded  that, "miracles can happen."
?	Hertzberg defended his idea of setting aside a  trust as part of Plan B for the generators to litigate over.  He stated  that his bankruptcy attorney believes that it will work, despite what Goode (the  governor's attorney) has said.

Sen. John Burton:
?	Burton is aware that Hertzberg is trying  to put together Plan B legislation and when asked about Hertzberg's efforts, Burton stated that in the Senate "Plan B has no Republican votes, and there are, at a minimum, 6 Democrats that will vote against it."   Burton said that for a Plan B bailout to pass the Senate, it would have to have three elements:
?	Businesses would pay the entire dedicated rate component.
?	The Edison parent company would have to give the state $1 B.
?	ALL creditors would have to  take a 30% haircut.
?	Burton wants Senator Bowen to hold hearings on the Plan B that will run for at least 3 days,  then have a "long caucus."  At that point the Senate will either "hold an  up-or-down vote on whatever comes from the Assembly or add amendments [stating the three provisions above]."  Burton wants "all Senators to know exactly what they're voting for or against."
?	Burton stated that he would "bet against" a Plan B passing. "This is not gonna happen," he stated. Burton believes that a bailout deal would be bad for the Democratic Party.


-----Original Message-----
From: 	Lebrocq, Wendi
Sent:	Friday, October 19, 2001 5:44 PM
To:	Lambert, Karen; Jones, Tana; Schott, Samuel; Brackett, Debbie R.; Clark, Cynthia; Enron Europe Global CounterParty,; Sever, Stephanie; Moran, Tom; Clark, Claudia; Bradford, William S.; Lees, Lisa; Fayett, Juana; Le, Trang; Maley, Paul; O'day, Karen; Rohauer, Tanya; Lombardi, Kelly; Lindsay, Brian; EOL Call Center; Hare, Bill D.; Heffernan, Amy; Lafuze, Molly; Clark, Danny; Panus, Stephanie; Mandola, Teresa; Ebow, Amber; Coleman, Tandra; Campbell, Lesli; Lebrocq, Wendi; Taylor, Mark E (Legal); Lauer, Kara; Banner, Kimberly; Mcquade, Jennifer; George, Fraisy; Guillory, Michael; Rajaram, Aparna; Monterrey, Maribel; Lebeau, Maria; Escamilla, Albert; Curry, Ken
Subject:	EOL and Clickpaper Approvals for 10-19-01

Please see attached.

Regards,

Wendi LeBrocq
3-3835


Vince and Shirley -

I have verified that his phone is in and working at Stinson's former desk.
Please let me know if I may be of further assistance

Thank you

Paula
----- Forwarded by Paula Corey/Enron Communications on 06/19/00 07:25 AM -----

	Janelle Duree@ECT
	06/19/00 06:59 AM

		 To: Paula Corey/Enron Communications@Enron Communications, Martha
Reyna/Enron Communications@Enron Communications, Guiseppe
Paleologo/NA/Enron@Enron
		 cc:
		 Subject: Guiseppe Paleologo/EXT 39189/EB4444b

Sorry for the inconvenience,  please advise if we can be of further
assistance.

Thank you for your patience.
---------------------- Forwarded by Janelle Duree/HOU/ECT on 06/19/2000 06:58
AM ---------------------------

Linda Richard
06/15/2000 04:49 PM
To: Janelle Duree/HOU/ECT@ECT
cc: Kathy Brooks/NA/Enron@Enron
Subject: Guiseppe Paleologo/EXT 39189/EB4444b

Janelle,

FMS records show that ext. 39189 was installed on 6/1 for Mr. Paleologo,
There is no record to indicate the phone was ever PUDed.

I have requested to Kathy Brooks to re-install the phone.  Kathy says that
she will reseach to find out why the phone was picked up and she will let me
know.

Thanks
Linda


Who is playing on Sunday besides me!


remember these temps are at lower elevations so we can expect colder
---------------------- Forwarded by Eric Bass/HOU/ECT on 12/04/2000 11:13 AM
---------------------------

	Enron North America Corp.

	From:  Eric Bass                           12/04/2000 11:13 AM

To: Shanna Husser/HOU/EES@EES, dfranklin@hanovermeasurement.com,
Jason.Bass2@COMPAQ.com, daphneco64@bigplanet.com, lwbthemarine@bigplanet.com
cc:
Subject: The coldest weather . . .

. . . in the US in the last five years and we will be in the mountains to
enjoy it.  Should be fun!!!   :-)

http://www.weather.com/weather/cities/us_co_telluride.html


Rod:

Attached is a PBA nomination for your approval.  This one is for Bobbie
LaChapelle who has basically molded and created this new data analyst
position within the department.   She has blazed the trail for others to
follow and transition into a higher level of employee.   Her work is helping
us in attempting to identify and correct more measurement data as it comes in
from the Field RTUs.   This effort goes a long way in enhancing customer
service levels and is especially value added work.
Ellis
---------------------- Forwarded by Ellis Stern/GPGFIN/Enron on 10/27/2000
08:13 AM ---------------------------

	From:  Sharon McKnight                           10/26/2000 04:12 PM

To: Ellis Stern/GPGFIN/Enron@ENRON
cc:

Subject: A new one for Bobbie PBA

Disgard all other


Hawker,

What's going on? How are things in Cow town? You trading a book yet? Playing
any poker? Bingham was here for Q-School last week. Didn't go so well.

Cd


John:

Below are the LDC points for Detroit Cold Roll.  I hope this helps.  If not,
please let me know and I'll forward back to Tony.  Thanks for your help again.

Ken
---------------------- Forwarded by Ken Sissingh/Corp/Enron on 11/28/2000
09:26 AM ---------------------------

"Tony Wilson" <twilso2@bellatlantic.net> on 11/28/2000 09:12:35 AM
To: "Ken Sissingh" <ken.sissingh@enron.com>
cc:

Subject:

Dear Ken,

I spoke to Michcon regarding their gas city gates.

They have over 100 connection points in the state. The nearest ones to
Gibraltar (although they will transport it from anywhere because the gas
loses its identity when it is mixed with other gas
already in the pipes) are:

Panhandle.... River Rouge
ANR...........Willow Run
Great Lakes Transmission....Belle River

I am still arranging to get the Pickling invoices. How many months do you
need?

Regards

Tony Wilson


_______________________________________________________________

This message and any attachments are intended for the individual or entity
named above.  If you are not the intended recipient, please do not read,
copy, use or disclose this communication to others; also please notify the
sender by replying to this message, and then delete it from your system.
Thank you.
_______________________________________________________________

     Attached in Word 97 format, please find the Southern California
Generation Coalition Motion to Compel Discovery Responses from Southern
Calfiornia Gas Company and Motion Requesting a Shortened Response Time.

     If you have any questions, please contact Norman Pedersen at (213)
243-2810 or e-mail at napedersen@jonesday.com.  Thank you.

(See attached file: LA1067936.DOC)

Jaki Hawkins (213) 243-2848
Secretary to Norman A. Pedersen

 - LA1067936.DOC


Dan,

I work for Tom Martin on the Texas Gas Trading Desk and he has some questions
on EOL "Force Majeure" language.  Specifically, we buy/sell gas at the Exxon
Katy Plant and were wondering the "Force Majeure" ramifications of the the
Plant closing due to freeze-offs, i.e. can we claim Force Majeure in that
instance and what remedies are provided for in the EOL contract language?
Additionally, we buy/sell gas at HPL pooling points such as Agua Dulce Pool
and were curious about the Force Majeure provisions and remedies for these
pooling zones.

I do not know if you are the right person to contact regarding this
information, but if you can provide any insight I would greatly appreciate it.

Thanks in advance.

Sincerely,

Eric Bass
x3-0977


TECO TAP             110.000/ HPL IFERC
     TECO TAP              33.750/ ENRON

     LS HPL-KATY IC      22.500/ENRON


I spoke to Harry Collins, one of our emissions lawyers, and he said there
should be no problem trading emissions with a governmental entity on the
emissions auction website, as long as they can trade emissions generally.  If
you have any specific questions, call Harry Collins at x39692.


Jennifer,

Sally Beck will be in an all day PRC meeting December 8.

Thanks,
Patti x39106

To: Geynille Dillingham/HOU/ECT@ECT, Jean Mrha/NA/Enron@Enron, Gloria
Solis/HOU/ECT@ECT
cc: Cindy Olson/Corp/Enron@ENRON, Jean Mrha/NA/Enron@Enron, Mariella
Mahan/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sally Beck/HOU/ECT@ECT, Michelle
Cash/HOU/ECT@ECT, Christie Patrick/HOU/ECT@ECT, Carol Jean
Marshall/HOU/ECT@ECT, Elizabeth Shim/Corp/Enron@ENRON, Kelly H
Boots/HOU/ECT@ECT, Stephanie Goldman/Enron Communications@Enron
Communications, Grace Kim/NA/Enron@Enron, Kim Wilkie/ET&S/Enron@ENRON, Mog
Heu/NA/Enron@Enron, Sabina Rank/NA/Enron@Enron, Vanessa Bob/Corp/Enron@ENRON,
Melissa Jones/NA/Enron@ENRON, Isabel
Romero/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Patti Thompson/HOU/ECT@ECT,
Twanda Sweet/HOU/ECT@ECT, Mary Border/Corp/Enron@Enron, Corina
Taylor/NA/Enron@ENRON
Subject: Re: Wellesley Super Saturday Candidates lunch dec 8

 as we discussed, I am arranging a luncheon with Jean Mrha for our ladies on
Friday Dec 8, 11:30-2:30.
My assistant Gloria Solis will be in touch with the details
Thanks
Jen


Attached are  EES's Volumetric NYMEX and Basis positions for 6/29/2000.
Kyle will be out of the office for the rest of the week.  If you have any
questions, you may contact me at X3-5070.

Thanks,

Monica Hwang


I read the chapter. Generally,
I like it, and find it non-controversial
and well written. Of course, this is
a huge topic and there are things
that you haven't discussed.

I thought the amount of attention
paid to OLS and MLE estimation
was a bit overboard, given that you
didn't really exploit it in your
results. If you were to state
the likelihood function for
the GARCH model, it might justify
the amount of attention to
gave to estimation for
simple iid processes, which could then
be thought of as a simple lead-in
and intuition builder to
the more interesting models that
you do actually use.

By the way, in your discussion of
smiles, you discuss fat tails
extensively. At least for equity markets,
while fat tails contribute, they don't do very
much at all compared to the effect
of risk premia, which you allude to briefly,
using supply-demand language, at the
end of that section.

For the impact of risk premia, see
Jun Pan's paper, which is available
from her web page. But she covers
only SP500, (as do most studies),
and your markets are obviously much different.

The chapter will be a good service to your readers!

Best, Darrell

> X-Lotus-FromDomain: ECT
> From: "Vince J Kaminski" <Vince.J.Kaminski@enron.com>
> To: Darrell Duffie <duffie@Stanford.EDU>
> cc: "Grant Masson" <Grant.Masson@enron.com>, "Vince J Kaminski"
<Vince.J.Kaminski@enron.com>
> Date: Wed, 16 Aug 2000 16:37:53 -0500
> Subject: Re: Full version
> Mime-Version: 1.0
> Content-Disposition: inline
> X-UIDL: 00453eda98c82d709e6123af537e4f63
> X-Keywords:
>
>
>
> Darrell,
>
> Thanks a lot. I really appreciate it. The text is below our usual
> standards but we are completely swamped with work here.
>
> Vince
>
>
>
>
>
>
>
> Darrell Duffie <duffie@Stanford.EDU> on 08/15/2000 04:54:23 PM
>
> Please respond to Darrell Duffie <duffie@Stanford.EDU>
>
> To:   Vince.J.Kaminski@enron.com
> cc:
> Subject:  Re: Full version
>
>
> I'll have a look!
>
> I haven't much time, but can certainly
> get you a quick reaction, at least!
>
> Best, Darrell
>
>
> > X-Lotus-FromDomain: ECT
> > From: "Vince J Kaminski" <Vince.J.Kaminski@enron.com>
> > To: duffie@Stanford.EDU
> > Date: Thu, 10 Aug 2000 14:04:47 -0500
> > Subject: Full version
> > Mime-Version: 1.0
> > Content-Disposition: inline
> > X-UIDL: 9fef7462afa5d4ee6c04c9c02df71b25
> > X-Keywords:
> >
> >
> >
> > Darrell,
> >
> > Grant just alerted me that I sent you only  part of the text.
> >
> > Here is the full chapter with an aged version of Gran't part.
> > What I sent you represents an update of his contribution.
> >
> > Sorry for that.
> >
> > Vince
> >
> >  (See attached file: vol0720.DOC)
>
> _____________________________________________
> Darrell Duffie
> mail  GSB Stanford CA 94305-5015 USA
> phone 650 723 1976
> fax   650 725 7979
> email duffie@stanford.edu
> web   http://www.stanford.edu/~duffie/
> _____________________________________________
>
>
>
>
>
>
>

_____________________________________________
Darrell Duffie
mail  GSB Stanford CA 94305-5015 USA
phone 650 723 1976
fax   650 725 7979
email duffie@stanford.edu
web   http://www.stanford.edu/~duffie/
_____________________________________________


I found a mistake in my capacity worksheet.

The term on the Boston Gas capacity, contract 125008, 35,465 MDQ, is 12/1/1998 - 3/31/2007.  I think have the ending date as 2008.


I'm not sure I understand MKM's comment.  We've all approved this deal so its
not urgent, but lets talk about it in our meeting today.  df
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 07/27/2000
08:19 AM ---------------------------

	From:  Mary Kay Miller                           07/26/2000 12:52 PM

To: Christine Stokes/ET&S/Enron@ENRON
cc: Jeffery Fawcett/ET&S/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON, Drew
Fossum/ET&S/Enron@ENRON, Glen Hass/ET&S/Enron@ENRON, Mary
Darveaux/ET&S/Enron@ENRON, Kevin Hyatt/ET&S/Enron@Enron, Susan
Scott/ET&S/Enron@ENRON

Subject: Re: Transwestern Contract Approval Request

This may have been the case in others, but the IOS does say that it bid, if
less than max is not available.  If Drew and Susan are ok to sign off, I can
go with that and we do need to be specfic as to what we are going to include
in the contract in the IOS package.  Lets hope it doesn't come back to bite
us, assuming Drew and Susan sign off.  MK

Christine Stokes
07/26/2000 08:16 AM
To: Mary Kay Miller/ET&S/Enron@ENRON
cc: Jeffery Fawcett/ET&S/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON, Drew
Fossum/ET&S/Enron@ENRON, Glen Hass/ET&S/Enron@ENRON, Mary
Darveaux/ET&S/Enron@ENRON, Kevin Hyatt/ET&S/Enron@Enron, Susan
Scott/ET&S/Enron@ENRON

Subject: Re: Transwestern Contract Approval Request

Mary Kay -  In all of Transwestern's previous Interactive Open Seasons, the
only capacity which Transwestern had posted for bid purposes was the primary
capacity - no associated alternate flexibility was ever posted as being
available to the bidders.  We have traditionally relied on verbal
communication, only if asked by the shipper,  of any potential alternate
rights associated with the primary capacity being auctioned.  I do not feel
that in this recent IOS process that any shipper had possibly NOT increased
their bid due to the impression that there was no additional flexibility
beyond  the primary path rights of the capacity being auctioned.  However,  I
do think that the TW commercial group should discuss how we communicate to
any interested party those alternate rights  associated with future IOS bids
or EnronOnline bids.   Thank you for your comment, please contact me if you
need any additional feedback.

	From:  Mary Kay Miller                           07/25/2000 05:23 PM

To: Christine Stokes/ET&S/Enron@ENRON
cc: Jeffery Fawcett/ET&S/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON, Drew
Fossum/ET&S/Enron@ENRON, Glen Hass/ET&S/Enron@ENRON, Mary
Darveaux/ET&S/Enron@ENRON, Kevin Hyatt/ET&S/Enron@Enron, Susan
Scott/ET&S/Enron@ENRON

Subject: Re: Transwestern Contract Approval Request

I understand that this capacity is what was posted on the IOS, however,
these alternate point rights were not included in the posting as available,
is there a concern that not all were aware of this and therefore they could
have bid differently ?  MK

Christine Stokes
07/25/2000 02:45 PM
To: Jeffery Fawcett/ET&S/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON, Drew
Fossum/ET&S/Enron@ENRON, Mary Kay Miller/ET&S/Enron@ENRON, Glen
Hass/ET&S/Enron@ENRON, Mary Darveaux/ET&S/Enron@ENRON, Bill
Cordes/ET&S/Enron@ENRON
cc: Kevin Hyatt/ET&S/Enron@Enron, Susan Scott/ET&S/Enron@ENRON

Subject: Transwestern Contract Approval Request

TRANSWESTERN PIPELINE CONTRACT APPROVAL REQUEST

Please review the attached standard discount letter for Sempra Energy Trading
Corp.  Sempra was recently awarded 49,000 Dth/d of East of Thoreau (EOT) to
California capacity via Transwestern's Interactive Open Season Auction
process.  The capacity was awarded at a one-part rate of $.285/Dth/d for a
one year term of November 1, 2000 - October 31, 2001.  Sempra shall have
alternate delivery point rights at the California Border as well as alternate
receipt point rights in Transwestern's EOT Area.

Please confirm via REPLY WITH HISTORY.  All Officer approvals will be faxed
to Bill Cordes for final Officer approval.


Ken,  The attached is a letter terminating the purchase agreement under which
Crescendo's gas is currently being purchased by OGE.  Please review and if
acceptable please sign and forward to OGE.  Please note that this letter
needs to be received by OGE by the 1st.  So let's FEDEX as soon as possible.


Chile has been approved to use the North American forms of the Electronic
Trading Agreement and the Password Application for companies located in
Chile.  Please note the Enron entity must not have a permanent establishment
or branch located in Chile and the counterparty should appoint a process
agent in the US.

This approval does not address due diligence issues as it relates to specific
products or counterparties.

Please let me know if you have any questions or comments.
Brent Hendry
Ext. 37124


Mark Haedicke has asked me to submit a list of our "top ten legal risks" -
please let me know of anything you think should be included in the list.


Hey, thats Mr. Turd to you.

"Germany, Mary/COR" <mgermany@CH2M.com> on 04/17/2000 11:39:22 AM
To: "'Chris.Germany@enron.com'" <Chris.Germany@enron.com>
cc:
Subject: RE: Advantages of being a man...

Turd.......

Mary Germany, Manager
Accounts Payable
Payroll
Accounting Support
(303) 713-2151
fax (303) 846-2151
email - mgermany@ch2m.com

-----Original Message-----
From: Chris.Germany@enron.com [mailto:Chris.Germany@enron.com]
Sent: April 17, 2000 10:21 AM
To: mgermany@CH2M.com
Subject: Re: Advantages of being a man...

I love being a MAN!!!  Ain't life great?