Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854
----- Forwarded by Susan J Mara/NA/Enron on 04/17/2001 03:03 PM -----

	"Weller, Andrea" <AWeller@sel.com>
	04/17/2001 03:01 PM

		 To: "'arem@electric.com'" <arem@electric.com>
		 cc: "'Fairchild, Tracy'" <tracy.fairchild@edelman.com>,
"'nplotkin@tfglobby.com'" <nplotkin@tfglobby.com>
		 Subject: FW: SENATORS CALL FOR INVESTIGATION INTO EFFECTIVENESS OF FEDERAL
ENERGY REGULATION

I thought you should all be aware that this call is out there....

Andrea Weller
Market Strategist
Strategic Energy, LLC
949.230.3404
aweller@sel.com

SENATORS CALL FOR INVESTIGATION INTO EFFECTIVENESS OF FEDERAL ENERGY
REGULATION

Senators Joe Lieberman, D-Conn., and Jean Carnahan, D-Mo., have asked the
General Accounting Office (GAO) to inquire into whether the Federal Energy
Regulatory Commission (FERC) is carrying out its responsibilities to ensure
that wholesale electricity sales throughout the country are reasonable and
that interstate natural gas pipelines are fulfilling their obligations to
customers. "Under federal law, FERC has the responsibility to ensure just
and
reasonable prices for interstate wholesale transmission," the Senators said
in a letter to GAO, "but there is mounting evidence that FERC may not have
fulfilled this role in the California situation." Following is text of the
letter:

April 12, 2001

Mr. David M. Walker
Comptroller General of the United States
U.S. General Accounting Office
441 G Street, N.W.
Washington, D.C. 20548

Dear Mr. Walker:

We have been watching with dismay as the state of California suffers
sporadic
rolling blackouts with impacts on electricity supplies and prices throughout

the western United States, a situation that may get worse this summer when
the demand for electricity increases. We understand that there are many
factors that have contributed to the current situation, and few short term
options to create more electricity for this market. At the same time we are
extremely troubled that California's Independent System Operator (ISO)
recently asserted that suppliers of electricity in California have allegedly

been charging many times more than what it actually costs to generate the
electricity, an overcharge amounting to $6.8 billion according to the
operator. Some experts believe that these high prices reflect a
non-functioning market that has, in turn, exacerbated the state's
electricity
shortage.With the possibility of electricity deregulation occurring soon in
additional states such as Missouri, we are concerned whether there is
adequate federal oversight to guard against potential abuse of market power
by suppliers. Without such oversight, the nation may not progress towards
achieving what many see as the promise of deregulation: lower consumer
prices, greater reliability, increased choice, and more efficient
generation.
Deregulation legislation being considered in Missouri would transfer the
oversight authority from the Missouri Public Service Commission (PSC), which

works closely with the utilities to provide direction if there are capacity
or reliability concerns and sets appropriate customer rates, to the Federal
Energy Regulatory Commission (FERC). Under federal law, FERC has the
responsibility to ensure just and reasonable prices for interstate wholesale

transmission, but there is mounting evidence that FERC may not have
fulfilled
this role in the California situation. FERC Commissioner William Massey
recently said: "Ensuring just and reasonable prices in wholesale markets
requires that we clearly define market power, and aggressively intervene
when
the markets are not producing reasonable prices. The commission's actions to

date have been insufficient." (March 20, 2001 testimony to the House Energy
Committee's Subcommittee on Energy and Air quality).We are requesting that
the General Accounting Office (GAO) assess whether FERC is properly
exercising its role to enforce reasonable electricity rates. Specifically,
we
ask GAO to answer the following questions:

1) Has FERC fulfilled its mandate to ensure just and reasonable rates? Is
FERC adequately monitoring and appropriately regulating based on its
statutes
power supply, demand, and pricing in California? In other Western states? In

the Central Midwest and in the Northeast?

2) Has FERC devoted sufficient resources to carry out its oversight
obligations in a timely and effective manner? And does FERC have the
necessary resources to carry out its future oversight role?

3) Does FERC need additional authority to carry out its mission of ensuring
just and reasonable prices given that widespread partial deregulation is now

occurring in so many states?

4) As we understand the situation from some experts, the number of
transactions in electricity that occur in the deregulated wholesale market
place is voluminous. This situation may increase the difficulties of
guarding
against market abuse. Is there a role for another agency or independent
organization to exercise an oversight role with respect to these
transactions? If so, what would be an appropriate oversight role?

5) We have been advised by some experts that greater transparency of prices
relating to the buying and selling of electricity in a deregulated market
would help guard against market abuses. We understand the need to keep
prices
confidential for a period of time to ensure against collusion. After this
appropriate period of time has passed, would greater transparency be
beneficial?

We are also concerned about recent allegations by the California Public
Utility Commission (CPUC) that market power has been abused in the
transmission of natural gas, which has in turn contributed to the spiraling
cost of electricity generation in the state. The CPUC maintains that the
price of natural gas transmitted by the El Paso pipeline has been
manipulated
so that prices in California over the last year have been up to five times
the national average. Because an increasing number of states, including
California, rely heavily on natural gas fired power plants, any manipulation

of that commodity can have severe consequences. Additionally, because such a

large percent of our future nationwide generation capacity will use natural
gas, we are concerned that these types of alleged market abuses will have
even more profound effects. Therefore, we ask GAO to answer the following
questions:

1) Has FERC fully met its responsibilities to adequately regulate interstate

pipelines? If not, what areas require improvement?

2) Is there a continuing role for FERC to play in ensuring equal access to
the limited amount of space in our current natural gas pipelines? Should
this
role be enhanced or clarified, and if so, how?

3) Is there the possibility of this same type of alleged abuse in other
parts
of the country, aside from California, where the natural gas pipeline
capacity is similarly limited? Please provide any details.We appreciate all
the good work that GAO does and we look forward to hearing from you soon.

Sincerely,J

oseph I. Lieberman
Jean Carnahan


Hi Richard,

I like this - can you let me know where we are with delivering this initiative. I would like the initiative to combine all business units if possible.

Thanks

Mark Pickering
Chief Technology Officer

Enron Net Works, LLC

  _____

 -----Original Message-----
From: 	Burchfield, Richard
Sent:	26 September 2001 12:44
To:	Pickering, Mark; Beck, Sally
Subject:	FW: Project Management Focus Group - Executive Summary

Sally & Mark,
	Attached below is the executive summary for Beth's project management initiative. I would be happy to discuss this effort in more detail if you like. There is several deliverables to the organization before the end of year to help with monitoring and consistency of projects across ENA/EGM/EIM. Also, EES, ETS, and EEL have been in discussions as to our direction and timing and the solutions they currently have in place.

Richard

 -----Original Message-----
From: 	Hall, Rich
Sent:	Tuesday, September 25, 2001 1:16 PM
To:	Perlman, Beth; Yanowski, Tommy J.; Johnson, Jeff; Stock, Stephen; Wong, Joe; Burchfield, Richard; Elrod, Hal; Rao, Ramesh
Subject:	Project Management Focus Group - Executive Summary

I've prepared the attached presentation for your review as sponsors of the Project Management Focus Group effort.  It is an overview of our initiative with high-level status and schedule information.

 << File: PM Focus Group - Executive Summary 092501.ppt >>

I will schedule a more detailed status update meeting within the next 2 weeks.

Please call with any questions you may have.

Rich


Tanya:

	This is what was sent over by Duke.  I will be reviewing it later on, but let me know what credit provisions we would like to see.

Jeff

 -----Original Message-----
From: 	"Joseph Forbes" <jjforbes@duke-energy.com>@ENRON
Sent:	Monday, October 29, 2001 5:37 PM
To:	Hodge, Jeffrey T.
Cc:	Janna Blanter; Ken Macri
Subject:	Master Gas Agreement

Jeff, this Agreement should replace the GISB and any other gas agreement
between the parties.  The collateral language is incorporated into the
document.  Also, with respect to the Collateral Agreement for Duke Energy
Merchants LLC ("DEM"), Duke would like to propose assigning all of the
Enron transactions with DEM into one Enron entity and then using the form
of collateral agreement submitted to ENA (with some tweaking to allow for a
Guaranty from Duke Capital Corporation) to cover the transactions between
the Enron counterparty and DEM.  Duke can present a list of companies which
it has outstanding transactions with if Enron would like.  Please let me
know if you have any questions in this regard.  Thanks - Joe

(See attached file: DETM Master 10-29-01.doc)
 - DETM Master 10-29-01.doc


CALENDAR ENTRY:	APPOINTMENT

Description:
	Manual Scheduling  EB4194

Date:		8/14/2000
Time:		3:00 PM - 4:00 PM (Central Standard Time)

Chairperson:	Outlook Migration Team

Detailed Description:


Mark, these two have apparently been involved with / driven our weather
derivates group in Houston. A very good friend of mine (NOT me!!) has been
offered a position with a fund in the set-up of which these two are involved.
Could you give me any intelligence on them?
Jeffrey Bortniker  and Lynda Clemmons


By the way, they have seen the turbine contract.
---------------------- Forwarded by Kay Mann/Corp/Enron on 04/27/2001 08:56
AM ---------------------------

Kay Mann
04/27/2001 06:52 AM
To: Bill Williams/PDX/ECT@ECT
cc:

Subject: Re: Status of GE and ABB Breakout Contracts

I would think that Dale would have the legal lead, since he is the project's
lawyer.  Lisa Bills, Roseann Engeldorf and Catherine Clark are the people I
send TurboPark stuff to.

Kay

Bill Williams@ECT
04/26/2001 06:37 PM
To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: Re: Status of GE and ABB Breakout Contracts

OK.  Our input is for technical information (Scope and performance)
Who is responsible for this document overall?  If the answer is me...please
let me know.  Who do I contact in Global finance.


Thanks for the speech.  Hope to see you at the law conference.  Mark

	Chris Gaffney
	04/23/2001 03:48 PM

		 To: Mark E Haedicke/HOU/ECT@ECT, Peter Keohane/CAL/ECT@ECT
		 cc:
		 Subject: Ontario Deregulation - Minister Jim Wilson's Statement

Mark and Peter - Attached is a copy of the speech made today by the Ontario
Minister of Energy.  Of course we would have been much happier with an
outside date or target of November 1, 2001 or  an unconditional May 1, 2002
date; however, it at least shows a commitment to deregulation.

While Enron Toronto will be busy with ongoing marketing and certain major
projects in the near future (the OEFC NUG Contract Management Agreement, the
G6 retail initiative and the ENERconnect amendment),  the obvious umber one
priority of this office in the short term will be negotiating an extension to
the British Energy Supply Contract.

Regards
CJG

----- Forwarded by Chris Gaffney/TOR/ECT on 04/23/2001 04:31 PM -----

	Garrett Tripp
	04/23/2001 04:11 PM

		 To: ECT Toronto
		 cc:
		 Subject: Jim Wilson's Statement

Mr. Speaker:
This Legislature passed the Energy Competition Act in 1998 to help meet the
province's long-term electricity needs and ensure that Ontarians have a safe,
reliable and affordable supply of power.
When this government came to office in 1995, we had our work cut out for us.
Ontario's electricity sector was failing us.
Consumers and businesses had no choice of who supplied them with power. And
we went from having one of the lowest prices for electricity to the third
highest in Canada.
The monopoly we had come to rely on for safe, reliable and
competitively-priced electricity was no longer working. It had become out of
date, inefficient and too expensive. Something had to be done.
That's why I'm proud to stand up in the Legislature today to announce that:
The government is confident that conditions necessary to open the electricity
market to competition will exist by May 2002. The government is committed to
an open market while guaranteeing a safe, affordable and reliable supply.
There are some who are fundamentally opposed to opening this market to
competition. Our government believes, however, that open, competitive markets
are beneficial. They keep costs low, encourage innovation and benefit
consumers.
There are others who share our desire to open the market, but who would like
to see it done even sooner. As government, we bear a responsibility to ensure
the opening is done right for all involved. To do this, we are committed to
opening the market at the earliest possible date, while ensuring all of the
conditions required for a smooth transition to competition are met.
And I'm pleased to tell you, Mr. Speaker, that the four principles guiding
the government's vision have been, or will be met, by May 2002.

First and foremost, protecting consumers and offering more choice. The
overall market design and regulatory framework for introducing competition
puts customers first. Over the long term, a competitive market will lead to
the lowest possible costs and better service for all.
Second, creating a strong business climate with a reliable supply of
electricity. Ontario already has sufficient supply to meet our current needs.
Announcing a firm market opening deadline today provides greater certainty to
potential new investors who have already announced 3 billion dollars in new
generation projects.
Thirdly, we will protect our environment. My colleague, the Minister of the
Environment has announced tough new emission caps for the electricity sector.
They will be among the toughest in North America, matching the requirements
of the U.S. Environmental Protection Agency.
Also today, Minister Witmer is announcing changes to ensure that new
electricity projects are reviewed in a clear and consistent manner under the
province's environmental assessment process.
And fourth, we will encourage new ways of doing business and support the
search for alternative sources of power. For the first time, customers will
be able to make clean air a priority by choosing the type of power they want,
including wind, fuel cells and solar. Giving them choice will help promote
the demand for cleaner, greener electricity.
And so, Mr. Speaker, I am proud to announce that Ontario's electricity sector
will open by May 2002. The government is keeping its promise to introduce a
competitive electricity market. We will do it, and we have put the principles
in place to ensure that we do it right.

Thank you.


FX is a total fucking mess in Calgary. I have actually thought about the
problems a little bit. Call me if you want to talk about specifics (x3-1663).
Things in Houston are good. The weather is great now. Year round golf is
nice. Power is a total shit show. The volatility is crazy and this is the off
season. I need to get rested up for the summer. Take it easy

CD


---------------------- Forwarded by Robin Rodrigue/HOU/ECT on 12/18/2000
08:47 AM ---------------------------

8886424977@pagenetmessage.net on 12/07/2000 11:20:02 PM
To: robin.rodrigue@enron.com
cc:
Subject:

Robin, Just wanted to let you know that I am going to miss you sooo much.Have
fun and remember that there will be somebody in Houston dying to see you
again. Take care.                             P.S. I am writing this from my
apt. I just got back from your place.


I checked both of these deals, and they each show no broker fee. Mark Fischer
might have just changed this, but let me know if it's still not showing up in
your system.

Thanks,
kate

Evelyn Metoyer@ENRON
12/13/2000 11:55 AM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Fee discrepancies

Mark Fischer- traded 12-12-00
deals 478539 and 478546
Amerex shows no fee on these deals and we show $.0075

Thanks!!


<TITLE>Sample Ebay Text</TITLE>

ITEM: ? ? blah blah

DESCRIPTION: ? ?Edward Jablonski

MEASUREMENTS: ? ?Doubleday & Company, Inc., Book Club
Edition

CONDITION: ? ?blah

SHIPPING/HANDLING: ? ?$5.00 book rate for U.S
locations.

PAYMENT: ? ?Payment must be received within 10 days
of auction end. ??I accept money orders, credit cards with PayPal and BidPay,
and personal checks which are held until they clear. ?Texas residents add
8.25% to cover state sales tax.

TERMS: ? If bid retractions occur 48 hours before
this auction ends, all bids will be null and void and this auction will be
restarted. ?Seller reserves the right to cancel bids at any time.

Please see my other auctions for more .
?
 ?

I accept PayPal
payments!
Now Available for International Users

???

--
---
Angelica M. Paez


Attached is an article about ConAgra announcing it will have to restate its
earning due to accounting irregularities.  I'm sure most of you know IBP had
a similar problem (which blew apart the Tyson merger).  As two industry
giants have recently had problems with this, it seems at least conceivable
that the SEC may decide to enhance its scrutiny in the ag/food sector

http://www.msnbc.com/news/577734.asp

Robert E. Bruce
Senior Counsel
Enron Wholesale Services
T (713) 345-7780
F (713) 646-3393
robert.bruce@enron.com


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/13/2000
05:20 PM ---------------------------

"Vicky Windsor" <vicki@risk.co.uk> on 04/13/2000 01:00:18 PM
Please respond to "Vicky Windsor" <vicki@risk.co.uk>
To: <vkamins@enron.com>
cc:
Subject: Maths course

Dear Vince,
?
I just wondered whether you have had chance to  look at your bullet points
and bio for the maths course. If so please could  could email them to me as
soon as possible. Could you also let me know whether  your company
affiliation should now be Enron North America.
?
Thanks Vince and best regards,
?
Vicky


I wish I could take credit for the link success but none of the things I was
trying were what actually did it.  Seems that if you copy from Netscape and
paste into this e-mail system it happens automatically.

Now this one is actually the result of extra geek effort on my part: BVI
Weather.

I'm leaving for a conference here in Houston now and may not be back in the
office before leaving for NY.  I'll have my computer with me but am notorious
for being incapable of accessing my e-mail on the road so telephone is
probably the safest way to reach me from here on.  I check messages at the
office fairly often.

(713)853-7459 (office)
(713)863-7190 (home)
(281)367-1100 (Woodlands Resort & Conference Center - tonight)
(212)355-3000 (Waldorf - arriving Saturday afternoon)

Mark


Kern River Open Season

Kern River is holding an open season through Aug. 18 to determine interest in
year-round FT to Nevada
and California and interest in capacity relinquishment by existing firm
shippers. The pipeline said it can
offer significantly reduced FT rates based on recent FERC approval of Kern
River's Extended Term
Rate Program (ET Program). Under ET Program, customers could receive a rate
reduction from $0.64/Dth
to approximately $0.42 under a 15-year contract. Because system expansion can
be accomplished by the
addition of compression facilities, it could result in an overall lowering of
rolled-in rates for all shippers, Kern
River said. Depending on open season results, the pipeline is proposing a
mainline expansion of up to 500
MMcf/d with an in-service target date of May 1, 2002. If goals can be met
using relinquished capacity and no
new facilities are required, new service could begin as early as Oct. 1,
2001. Call Laurie Brown at
(801) 584-6410 or Greg Snow at -7270 for more information.

Panda Links to Transmission Grid for Gila Bend Plant

Panda Energy International inked a firm electrical transmission agreement
with Arizona Public Service to
supply power from its proposed natural gas-fired 2,000 MW plant to be located
in the town of Gila Bend. The
proposed plant is before the Arizona Corporation Committee for review. Senior
vice president of merchant
plant development for Panda, Garry Hubbard, said that the firm contract is "a
critical step forward for the
plant." The new plant is on schedule to commence construction later this
year, with start up 18 months later,
he added. Powering the plant will be eight General Electric 7 FA natural gas
turbines operating in combined
cycle.


You will be migrated to outlook on Monday night 5/14/01.  You will be
receiving a series of four emails between now and then, please open and read.

Let me know if you have any questions.

Thanks
-Ina Rangel


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 02/26/2001
10:52 AM ---------------------------

"Btu" <subs@btu.net> on 02/23/2001 04:00:24 PM
To: "Btu Weekly" <>
cc:
Subject: Btu Weekly

Attached is the latest issue of Btu Weekly.

e-mail: info@Btu.net
phone: 732-758-8222
fax: 732-758-8286

 - wg022601.pdf


I've changed these to Firm energy.

Kate

	From:  Sharen Cason                           02/08/2001 01:43 PM

To: Kate Symes/PDX/ECT@ECT
cc:

Subject: energy type

These two deals have Palo Verde delivery point and CAISO energy.

#517814
#517813

Thanks!


Taffy,  these are all finance deals that Sara worked on.  Can you work with
her to get copies of the ISDA Masters for this guy in the Audit group.  Check
Lotus Notes to see if we have blue files, and if not, check w/Sara.
----- Forwarded by Tana Jones/HOU/ECT on 10/16/2000 10:55 AM -----

	Brad Lawson
	10/11/2000 04:38 PM

		 To: Tana.Jones@enron.com
		 cc:
		 Subject: Prepaid Contracts

Tana,
Here is the listing as we discussed:
 Chase III
 Chase Mahonia III
 Chase IV
 Delta Rosevelt
 Truman
 Jethro
 Yosemite Bridge
 Yosemite I
 Yosemite II
 Yosemite III

If you have any questions, just give me a call.  I'm located at X53919 and
EB2465a.
Thanks.
Brad


now that we are officially behind a chinese wall can this process be
reevaluated?  I think that it will be increasingly difficult to scale at the
pace we need to over the coming months if we can not design an automated
process.  Are we trying to avoid actually misusing confidential information
or the perception of misusing the information?  our intent is to begin to
scale on a massive level from now until we have reached over a million
reference credits.

bs

From: Mark Taylor on 31/05/2000 09:29 CDT
To: Bryan Seyfried/LON/ECT@ECT
cc: Denis O'Connell/LON/ECT@ECT, Edmund Cooper/LON/ECT@ECT, Markus
Fiala/LON/ECT@ECT, Paul Simons/LON/ECT@ECT, Rod Nelson/HOU/ECT@ECT, Tomas
Valnek/LON/ECT@ECT, William S Bradford/HOU/ECT@ECT

Subject: Re: additional names

Bryan -

The process for approving these involves sending the names to the General
Counsels of the various operating companies here in Houston.  Several of them
then send the lists to the senior business people in their organizations.
Unless there is a real urgency, I would suggest that we send the list all at
once instead of piecemeal.  What do you think?

Mark

	Bryan Seyfried
	05/30/2000 08:09 AM

		 To: Rod Nelson/HOU/ECT@ECT, Paul Simons/LON/ECT@ECT, Edmund
Cooper/LON/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Denis O'Connell/LON/ECT@ECT
		 cc: Markus Fiala/LON/ECT@ECT, William S Bradford/HOU/ECT@ECT, Tomas
Valnek/LON/ECT@ECT
		 Subject: additional names

We are in the process of selecting a large number of reference credits to be
approved for display on the web site.  Our intention is to have 1000 names on
line by the end of the quarter.  We are internally scrubbing the lists now
and will forward them soon.  In the meantime, can we get approval to quote
the following on line:

Transocean Sedco Forex Inc.
KPN N.V.
Deutsche Telekom
Technost International
Vivendi
Ryder Systems
Petrocanada

thanks


Eric Linder has accepted a position with the West Real Time  group effective
March 12th.  Eric previously worked as a  financial advisor at Paine Webber.
Please join me in welcoming Eric to the West Desk.

B. Williams


Dear Kay,
Attached you will find the Proposed Litigation Budget for City of Coconut
Creek vs. City of Deerfield Beach/Enron.
If you are unable to open  the attachment please let me know.
Thank you,
Karen Waters
(954)468-1763
Assistant to Paul D. D'Arelli
and Catherine Maus

_______________________________________________________________
The information contained in this transmission may contain
privileged and confidential information.  It is intended only
for the use of the person(s) named above. If you are not the
intended recipient,  you are hereby notified that any review,
dissemination, distribution or duplication of this
communication is strictly prohibited. If you are not the
intended recipient, please contact the sender by reply email
and destroy all copies of the original message.

To reply to our email administrator directly, please send an
email to postmaster@gtlaw.com.
 <<08102001.TIF>>


Bill,

Could you send me and Donna Shediun an e-mail, documenting the Decline to Harbor and Martel (Wheel Abrator)
for supplimental 6/8/01, HE 1, interval 1 and 2.

Jim


Dear Haas Students,

We still have many unclaimed tickets left for the Secretary Summers
Research Dialogue Program "Keeping the Economy Growing" at 1:45 on Tuesday,
December 6 in the Andersen Auditorium.

The deadline for Haas students to pick up tickets for this event is this
Friday, December 1 at 2pm.

After the Friday deadline, we will offer all of the unclaimed tickets to
other Cal students who have been clamoring for these tickets.

The Dean's Office is open from 9am to 5pm daily and Evening MBA students
can pick up their tickets at the EMBA Office after 5pm.

Thanks for your cooperation!

The Dean's Staff


Attached are the EPMI-EES sale prices for the first week of February. I will
resume responsibility for maintaining and sending the spreadsheet tomorrow,
and you can expect to receive it daily. Thanks for your patience while we
were working out the kinks on this one.

Kate


Nothing has changed - we are looking forward to having you work with us as
soon as possible and to the extent possible within your other constraints.

	Francisco Pinto Leite@ENRON_DEVELOPMENT
	11/09/2000 07:08 PM

		 To: Mark Taylor@ECT
		 cc:
		 Subject: Latest News

Mark:

I just wanted to check whether or not I was already fired before being hired
as a result of this latest reorg?

On a more serious note, I just wanted to confirm that the latest reorg did
not change what we agreed yesterday.

Many thanks

FPL


Sorry that I missed your message....  I took off Friday at about 4:30 in order to do volunteer work in the name of Mother Enron.  I will, however, be available for drinks at any time!

I understand that this will be a turbulent and interesting week.  It may be a nice contrast to the programming that I will be buried in.    Paula tells me that you were stuck in Argentina last week - one of my old stomping grounds.  I have read that the economy there has crashed - quite a change from when it was my second home from 1991 to 1994.  Even then their prosperity appeared to me to be a facade but I hear that that has fallen away.  You'll have to tell me what it was like.

I had a nice visit with Kristin Walsh yesterday primarily to inform her how much her workplace has changed during her six weeks maternity leave.  She looked a bit shell-shocked.  She returns today.  There is another candidate for drinks!

Let me know when you need to converse on all things non-Enron.  I possess a wealth of such knowledge.


Weekly Update
Dec. 8, 2000

SHARE YOUR HOLIDAYS
Members of the Houston Texans front office, including Bob McNair and Charley
Casserly, donated clothing and canned goods Friday morning to KTRK/ABC-13,s
annual Share Your Holidays food drive.

Share Your Holidays is a community-wide effort sponsored by KTRK to collect
canned goods and other non-perishables for the needy in Houston and
surrounding areas. The Texans dropped off their items at the HEB Pantry Foods
store at the corner of Westheimer and Fountain View near the Galleria.

This year marks the 20th anniversary of KTRK,s Share Your Holidays. Last
year, the food drive helped collect 1,475,000 pounds of food at 45 sites.
More than 10 million pounds of food have been collected since 1980. Click
here for more information on Share Your Holidays.

http://www.houstontexans.com/home/general.cfm?cont_id=37438

OUT AND ABOUT
Casserly was the keynote speaker at the first Houston Texans Junior Training
Camp, held last Saturday at Memorial Park. The camp was for children ages
7-14. Participants learned the fundamentals of football through seven drill
stations manned by NFL Alumni, including former Oilers Charlie Hennigan, Ken
Houston and Don Trull.

Casserly and other members of the Texans, football operations staff also
attended league meetings in Dallas earlier in the week before returning to
Houston Thursday.

STADIUM TAKING SHAPE
The west side of Reliant Stadium is taking shape as the holidays approach.
These photos were taken from atop Reliant Astrodome. Texans PSLs and season
tickets are available by calling 877-NFL-2002.

http://www.houstontexans.com/facility/construction.cfm
---
You are currently subscribed to texansnews as: GWHALLE@ENRON.COM
To unsubscribe send a blank email to
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EXECUTIVE SUMMARY
?	California Budget Resolved
?	FERC Ordered Energy Settlements Stall MOU/Plan B

BUDGET
California legislators in the House have once again established a tentative reserve amount for the state's depleted budget.  Both sides are reportedly uneasy with the $2.74B compromise and sources indicate that the four Republican votes needed to pass the budget  in the Assembly are likely far more obtainable than the one Republican vote needed in the Senate.  California's current redistricting process may provide Republicans with future seats that could translate into immediate bargaining power in energy and budget matters.  Adding to the frustration, sources indicate that consumer activist Harvey Rosenfield plans to pressure State  Treasurer Angelides into battling with legislators for progress on the budget and revenue bonds.

ENERGY SETTLEMENTS
Today marked opening negotiations for California state energy officials and the several large energy providers who are charged with price gouging Californians.  Sources close to California State Sen. Burton report that the results from the15 days of negotiations before the FERC appointed Administrative Law Judge, Curtis Wagener, will significantly influence the state's efforts in promoting any Plan B or MOU.  Burton indicated that FERC would need to order between $3 and $4B in generator refunds before the state would finalize a SoCal bail-out.  Of that amount, SoCal would most likely be infused with $1B, however, without substantial contributions from power providers that sold into California and currently fall outside FERC's jurisdiction (i.e. BC Hydro & LA DWP), a $3 to $5B refund would be impossible to achieve.  Regardless of legislators' desires, sources believe that  consistent with the PG&E bankruptcy advisor's view, a multibillion dollar refund from FERC is unlikely.  Sources will continue to monitor and report on these negotiations.


WPO MIND/BODY HEALTH SEMINAR
Tampa, Florida
April 17 - 21, 2001

This is your last chance to sign up for the WPO Mind/Body Health Seminar for
2001! Due to the popularity of the event, we decided to increase our maximum
attendance and we have just a few spaces left to fill.

Don't miss out on the opportunity to discuss health issues with some of the
most influential practitioners in alternative medicine and whole body
wellness! Get answers to some of today's hot topics such as the latest
anti-aging techniques, news on vitamins and herbal supplements and new
alternative healing methods on the market. You will also have the chance to
receive personalized guidance through one-on-one sessions with our
resources.

To register, just click on the attachment "Registration Form.doc" below,
complete the form and fax

to WPO with your credit card number for your deposit or mail it along with a
check.

For more information on the Mind/Body Health Seminar, contact Kristi Nowak,
WPO Event Manager, at knowak@wpo.org  or by phone at (703) 684-4933. We hope
to see you there!

(If you have already registered for this seminar, please disregard this
email.)

 <<registration form.doc>>
------------------------------------
Kristina M. Nowak
Event Manager
World Presidents' Organization
ph. 703/684-4933
fax 703/684-4955

 - registration form.doc


Hey there!

How are you?  How's your summer? I'm nearing the end
of summer school and cannot wait til it's over. The
class has been a new low point in terms of educational
value-it sucks! ...in fact, I'm in class now.

Work is fine-not thrilling.  Again-I'm thinking about
taking advantage of Sun's flexible work deal and
moving back up to the city. I do not like the south
bay much.

Trying to get a happy hour together in August...are
you around?

Let me know how you are...
Courtney

__________________________________________________
Do You Yahoo!?
Make international calls for as low as $.04/minute with Yahoo! Messenger
http://phonecard.yahoo.com/


You ran off with the list..... what happens if they call and want to verify ?

Mark Pickering
Chief Technology Officer

Enron Net Works, LLC

  _____


Louise,

It would be a good commercial for Enron. What can we do to help him and
get free publicity?

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/18/2000
01:40 PM ---------------------------

ekrapels <ekrapels@esaibos.com> on 01/18/2000 12:00:12 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Risk report on "Guide to Electricxity Hedging" and Request for Gu
est Access to Enrononline

Dear Vince,

Greetings from Boston, where we're doing all we can to help keep the price
of gas high.

As I may have told you earlier, I'm writing a "Guide to Electricity Hedging"
for Risk Publications similar to the report on Oil. I had planned to write a
significant section on Enrononline, and in the midst of my research on the
topic was denied access by Enron's gatekeeper. Can you help get me in?

As always, the best from here.

Ed Krapels

-----Original Message-----
From: Donna Greif [mailto:dcorrig@ect.enron.com]
Sent: Tuesday, January 18, 2000 12:37 PM
To: ekrapels@esaibos.com
Subject: Request for Guest Access

Dear Mr. Krapels:

Thank you for requesting guest access to EnronOnLine.  Unfortunately, we are
unable to give you quest access at this time.
EnronOnLine is exclusively for those companies who can transact wholesale
energy
commodities and related products.

In addition, you had indicated within the comments section of your email
that
you are preparing a "Guide to Electricity Hedging"
for Risk Publications.  I have forwarded your inquiry to our Public
Relations
Department along with your contact information.

Should you not hear back from anyone within a reasonable amount of time,
please
feel free to contact our Call Center at
713 853-HELP (4357).

Sincerely,

Donna Corrigan Greif
EnronOnline Help Desk
713/853-9517

 - att1.htm


Meet me downstairs.

Robin


I will be staying at the office later than I initially anticipated this evening.  If either of you are able to talk simply let me know the time and I will give you a call.

Thank you,
Susan


Real Time Traders,

I just wanted to pass on the value the RT group is adding to Enron with your
help managing Willamette's. To date this month Enron has made $320k as our
share of Willamette's sales.

Thanks for your continued efforts.

Les


Dear Jessica and Chuck:

I want to let you know that Kate Cole, Asst. Sec. of the subject entity, has
signed the consent of sole member that gives Charles W. Falkenstein, Jr.
authority to execute real property agreements for and in the name and on
behalf of the LLC.   The consent is dated October 1 and has been entered into
the corporate notebook.

A copy of this resolution will be placed in our EMS file, and I'll send you
each a copy in Denver.

Best wishes,
Mary C. Ogden
Legal Specialist
Enron North America Corp./Legal
713-853-7796


Attached is a draft press release regarding the deal between EnronOnline and
TrueQuote.  This is a follow-up to last year's announcement.  The system is
being tested today.  If the testing goes as planned, they expect to release
this when the system goes live next week, which could be as early as Monday,
June 4.

If you have any comments, please forward to me by Monday, June 4 at 10:00
am.  Thanks.

Eric


FYI....

This change went in for the Deal Validation group.   It gives them the
ability to change counterparties names after bridge back.

Impact to Logistics - Unify
If a counterparty name change takes place to deals that have been bridge
backed, it could cause problems on EDI pipes as that new counterparty name
will flow over to Unify and repathing should eventually take place.
One problem may be with the Imbalance data sets, which are not in production
yet......(EDI Imbalance Qtys would not match up to paths)
This may also cause an issue with the scheduled quantities (especially where
nominations were sent for entire month)
can't remember the rules on this one, but I think Unify does have some safe
guards (idiot proofs) to force re-pathing.
Unify does have the ability to over-ride duns numbers, yet would still cause
an additional step for EDI the scheduler would need to think through in order
to get a clean quick response.
What are (if any) impacts to Vol Mgt if counterparty name changes take
place?  (prior periods?  re-pathing?)

I have a call into Diane and Dave both.  After speaking w/ them, hopefully I
can get a clear understanding of the true impact.  I am sure we'll need to
put some processes and procedures together for Deal Validation to follow when
these type of changes are needed.

Will keep you posted.

Thanks,

dg

	From:  Thomas Engel                           04/05/2000 09:44 AM

To: Kathryn Cordes/HOU/ECT@ECT, Dana Daigle/Corp/Enron@ENRON, Elizabeth L
Hernandez/HOU/ECT@ECT, Julie Meyers/HOU/ECT@ECT, B Scott Palmer/HOU/ECT@ECT,
Stephanie Sever/HOU/ECT@ECT, Dianne J Swiber/HOU/ECT@ECT, Peggy
Hedstrom/CAL/ECT@ECT, Dianne Seib/CAL/ECT@ECT
cc: Sylvia A Campos/HOU/ECT@ECT, Linda S Bryan/HOU/ECT@ECT, Faye
Ellis/HOU/ECT@ECT, Donna Consemiu/HOU/ECT@ECT, Scott Mills/HOU/ECT@ECT, Russ
Severson/HOU/ECT@ECT, Martha Stevens/HOU/ECT@ECT, Karie Hastings/HOU/ECT@ECT,
Regina Perkins/HOU/ECT@ECT, Imelda Frayre/HOU/ECT@ECT, William E
Kasemervisz/HOU/ECT@ECT, Hunaid Engineer/HOU/ECT@ECT, Steven
Gullion/HOU/ECT@ECT, Larrissa Sharma/HOU/ECT@ECT, Donna Greif/HOU/ECT@ECT
Subject: Sitara Release (Re: Changes in Global due to Consent to Assignment)

Regarding the ability to change counterparties on deals in SITARA with
confirmed volumes - Tom's words of caution:

If someone calls you and wants to change a counterparty - we created the
ability for you to invalidate the deal - and
then change the counterparty - however - I did add a warning message:

"Warning - changing counterparty on deal with confirmed volumes - make sure
pipeline allows this change."

Some pipelines do not allow us to change counterparties after there is
feedback - I assume for the same reasons
we had this rule - it used to blow up our old scheduling systems
(pre-UNIFY).  Some pipelines will require a new
deal and we will have to zero out the old deal.

Before you make the change - make sure the logistics person is aware - just
in case it causes problems with their
pipeline.   Sorry - I don't know which pipes these are - you will have to ask
the UNIFY team.

There is one rule still in place - you can change from ENA-IM East to ENA-IM
Market East - but not from
ENA-IM Texas to HPLC-IM HPLC - when changing business units - they must be
the same legal entity.
"Warning - not the same legal entity"

Also - beware of making contract and counterparty changes to Service deals
(Transport Capacity, Storage, Cash Out).
Once the deal is invalidated - there are no rules.  Don't forget - the items
were locked down for a reason.
 If you invalidate a service deal - and change the previously locked down
data that was validated - and someone used these
deals in UNIFY - it is highly likely that the UNIFY deals and paths created
using these deals will get corrupted.  Always check
with someone from UNIFY to make sure no one used these deals for anything in
UNIFY.

---------------------- Forwarded by Thomas Engel/HOU/ECT on 04/05/2000 09:47
AM ---------------------------
From: Scott Mills on 04/04/2000 07:38 PM
To: Kathryn Cordes/HOU/ECT@ECT, Dana Daigle/Corp/Enron@ENRON, Elizabeth L
Hernandez/HOU/ECT@ECT, Julie Meyers/HOU/ECT@ECT, B Scott Palmer/HOU/ECT@ECT,
Stephanie Sever/HOU/ECT@ECT, Dianne J Swiber/HOU/ECT@ECT
cc: Steve Jackson/HOU/ECT@ECT, Thomas Engel/HOU/ECT@ECT, Sylvia A
Campos/HOU/ECT@ECT, Linda S Bryan/HOU/ECT@ECT, Faye Ellis/HOU/ECT@ECT, Donna
Consemiu/HOU/ECT@ECT
Subject: Sitara Release (Re: Changes in Global due to Consent to Assignment)

With the release that was put out Tuesday evening, Deal Validation should be
able to change the counterparty on deals where the volume is something other
than expected (e.g. confirmed, nominated, scheduled, etc.).

In addition, this release will also capture "near-time" the contract changes
that are made in global.  This means that need for server bounces will not be
necessary.

 New/Changes to contracts will show up without having to get out of deal
manager.
 New Counterparties, and new/changes to facilities will require getting out
of all active Sitara apps (except for launch pad).
  Once out of all apps, start a new app - the respective information that you
are looking for will appear.

I mention "near-time" because we are constrained by the amount of time it
takes for the change in Global data to trigger an alert for Sitara who then
updates its information

SRM (x33548)

Cyndie Balfour-Flanagan@ENRON
04/04/2000 03:41 PM
To: Connie Sutton/HOU/ECT@ECT, Linda S Bryan/HOU/ECT@ECT, Kathryn
Cordes/HOU/ECT@ECT, Scott Mills/HOU/ECT@ECT, Richard Elwood/HOU/ECT@ECT, Dave
Nommensen/HOU/ECT@ECT, Kenneth M Harmon/HOU/ECT@ECT, Dana
Daigle/Corp/Enron@ENRON, Kathryn Cordes/HOU/ECT@ECT, Elizabeth L
Hernandez/HOU/ECT@ECT, Julie Meyers/HOU/ECT@ECT, B Scott Palmer/HOU/ECT@ECT,
Stephanie Sever/HOU/ECT@ECT, Dianne J Swiber/HOU/ECT@ECT, Gayle
Horn/Corp/Enron@ENRON, Brant Reves/HOU/ECT@ECT, Russell Diamond/HOU/ECT@ECT,
Debbie R Brackett/HOU/ECT@ECT, Steve Jackson/HOU/ECT@ECT
cc:
Subject: Changes in Global due to Consent to Assignment

The following changes will be made in the Global Contracts database due to
receipt of executed Consent to Assignment for the following contracts:

Current Counterparty Name   Contract Type  Contract #   'New' Counterparty
Name
CES - Commonwealth Energy Services  GISB   96029892  Commonwealth Energy
Services

CES - Samuel Gary Jr. & Associates, Inc  GISB   96029302  Samuel Gary Jr. &
Associates

CES - South Jersey Gas Company  GISB   96029143  South Jersey Gas Company

CP name change and Contract Type correction (Contract Type different than
that provided by CES)
Per CES
CES - Southwest Gas Corporation  1/1/98 GISB  96029146

Per Contract File
CES - Southwest Gas Corporation  04/14/93 Master Purchase/Sale Interruptible
(will edit Global #96029146)
&
CES - Southwest Gas Corporation  12/01/94 Master Sale Firm   (created new
Global record to accommodate this K, #96037402)

Please note that Southwest Gas Corporation has consented to the assignment of
both of these contracts.


Sara - I have read the loan documentation and believe that Pariabs should be financing our variation margins not just our initial margin.  Would you look at the docs and give me your opionion?  The accountants tell me that in practice, Pariabs will only fund initial margin.  Thanks, Sarah


Are you guys up for a little guys night out tonight?? Call me 713-853-6203
or leave a message for me at home 713-668-3712.

MC


At the request of Sara, I am attaching the ETA.  I am also sending the PA,
just in case...


This may have been unclear in the earlier memo:  all the attorneys please
provide the documents requested.  If you are unable to locate, then call Hope
Vargas to see what they have.  Mary

Enron North America Corp.
Mary Cook
1400 Smith, 38th Floor, Legal
Houston, Texas   77002-7361
(713) 345-7732 (phone)
(713) 646-3490 (fax)
mary.cook@enron.com
----- Forwarded by Mary Cook/HOU/ECT on 09/11/2000 03:57 PM -----

	Mary Cook
	09/11/2000 12:45 PM

		 To: Hope Vargas/HOU/ECT@ECT, Michael S Galvan/HOU/ECT@ECT, Brian
Schwertner/NA/Enron@Enron, Sara Shackleton/HOU/ECT@ECT, Lisa
Mellencamp/HOU/ECT@ECT, Peter del Vecchio/HOU/ECT@ECT, Barton
Clark/HOU/ECT@ECT, Dan Lyons/HOU/ECT@ECT, Travis McCullough/HOU/ECT@ECT,
Peter Keohane/CAL/ECT@ECT, Teresa G Bushman/HOU/ECT@ECT, James
Grace/Corp/Enron@ENRON, Scott Sefton/HOU/ECT@ECT
		 cc: Mark Taylor/HOU/ECT@ECT, Julia Murray/HOU/ECT@ECT, Stuart
Zisman/HOU/ECT@ECT
		 Subject: Raptor I Swaps for Private Investments

Please see the attached working memo.

Enron North America Corp.
Mary Cook
1400 Smith, 38th Floor, Legal
Houston, Texas   77002-7361
(713) 345-7732 (phone)
(713) 646-3490 (fax)
mary.cook@enron.com


The StockBottom.com Newsletter          Thursday 06-07-2001 1 of 1
"The Successful Stock Trader's Edge"

Copyright , 2001, All rights reserved.
Redistribution in any form is strictly prohibited.

Posted online for members at: http://www.StockBottom.com

The entire newsletter is best viewed in COURIER 10 for alignment
=================================================================
To stop receiving this StockBottom Update,
send email to remove@stockbottom.com

To view this email newsletter in HTML format with imbedded
charts and graphs, click here:
http://www.stockbottom.com/htmlemail/3541_1.asp
=================================================================

In this newsletter:

Market Wrap: Chip Fest 2001
Definition of The Day: Buying Power
Sector Watch: One support alert was hit Thursday...
Play of the Day: FOE

-----------------------------------------------------------------
MARKET WRAP
===========

Chip Fest 2001

Intel (NASDAQ:INTC +1.32) gave its first-ever mid-quarter update
just after the bell, reaffirming second quarter guidance and
suggesting stronger earnings in the second half.  The company said
that second quarter sales would be at the lower end of the
expectations, but within expectations at least, as the world's
largest semiconductor maker struggles with a slowdown in PC sales.
Shares of semis were moving up in response during after-hours trading.

The company has been pummeled by weak demand for microprocessors
in the current economic downturn.  When it reported first-quarter
earnings, however, Intel had said it saw "encouraging" signs for a
stronger second half. This was despite first-quarter net income
plunging 82 percent on a 16 percent decline in sales.  Shares of
Intel have fallen 59 percent since its record high of 74.88 in
August, compared to the Nasdaq Composite index (COMPX) fall of 47
percent during that time period.  Intel gained 4.43 percent to
31.16 today during regular trading.

During the day, positive expectations about the Intel report
helped spark a rush to buy semiconductor shares.  In addition,
despite a weak earnings forecast from National Semiconductor
(NYSE:NSM +3.10) for the next quarter, the company commented in
its conference call that the improvement in the quarter has come
from quick-turnover orders from cell phone companies.  As a
result, the rally spread to stocks such as Qualcomm (NASDAQ:QCOM
+2.42), Nokia (NYSE:NOK +1.24), and Motorola (NYSE:MOT +0.74).
Applied Micro (NASDAQ:AMCC +1.93) led the communication IC stocks
higher.  C.E. Unterberg Towbin analysts left a meeting with the
company with the notion that near-term order cancellations, push-
outs, and de-bookings had nearly evaporated.  That news also lit a
fire under PMC Sierra (NASDAQ:PMCS +4.65).

Also, last night the Semiconductor Industry Association projected
20.5 percent growth in 2002, which was revised upward from 10
percent, and 25 percent for 2003.  The revision may indicate that
a bottom is near in the sector.  Corroborating that view was Banc
of America Securities, which said that "motherboard checks"
(sounds like fun) at Computex in Taiwan showed positive
indications for the third quarter.  They also noted that
conversations with four large Taiwanese manufacturers showed an
increase in OEM activity.  The Semiconductor Index (SOXX) has
jumped 19 percent since last Wednesday,s low of 578.40.  It,s now
at 697.04 ) a 7.7 percent gain today ) just beyond its pivotal
200-day moving average, which last month acted as strong
resistance that turned back the index nearly 20 percent.  Can it
move through it this time?

All of the action today was on moderate volume, which showed some
caution ahead of the Intel comments.  But when the dust settled,
the tech-bound Nasdaq Composite index (COMPX) picked up 46.27
points, or 2.09 percent, to reach 2,264.  The S&P 500 (SPX)
bigcaps were up 6.93, or 0.55 percent, to 1,276.96.  And the Dow
Jones Industrials (DJI), after being underwater this morning,
closed up 20.50 points, or 0.19 percent, to 11,090.74.

In other tech news, chipmaker Broadcom (NASDAQ:BRCM +4.67) warned
of a steeper-than-expected sales decrease in its second quarter
and announced cost cutting plans.  The company slashed second-
quarter revenue expectations late yesterday, citing continued
weakness in the technology sector.  Nonetheless, Broadcom said in
its conference call that it saw signs of increasing new orders
that may well lead to renewed growth by year,s end.

Discouraging news from the retail sector came in today.
Unseasonable weather in the Midwest and Northeast lowered clothing
purchases in May, and high fuel prices and consumer concerns about
the economy reduced mall traffic, resulting in slow monthly retail
sales.  Large retailers including Gap (NYSE:GPS +0.61) and
Federated Department Stores (NYSE:FD )1.90) warned of additional
weakness in sales and/or earnings.  Also, Pacific Sunwear
(NASDAQ:PSUN )0.78) was downgraded.  All in all, it seems the
overall same-store retail sales pickup in April may not have been
the precursor to recovery that was thought.  Nonetheless,
electronic retailers were up today, partially due to good news out
of Best Buy (NYSE:BBY +2.38), which posted a 25 percent increase
in Q1 sales and said that quarterly earnings would be in line with
estimates. This news also sparked Circuit City (NYSE:CC +0.44), up
2.81 percent, and Radio Shack (NYSE:RSH +0.81), up 2.89 percent.

Shares of Philip Morris (NYSE:MO )1.48) and other tobacco stocks
started to plunge in after hours trading yesterday after an L.A.
jury ordered a record $3 billion payout to a smoker with incurable
lung and brain cancer.  Nonetheless, analysts -- and even
antismoking activists -- said the verdict likely would be reduced
by the judge or overturned on appeal.  Philip Morris closed off
its lows for the day to lose 2.96 percent at 48.52.  R.J. Reynolds
(NYSE:RJR )3.19) was down further, though, at 5.42 percent, to
55.69.

In other news, banking regulators said U.S. commercial banks
earned a record $19.9 billion during the first quarter.  This
number was "padded" by $1.2 billion worth of securities sales,
however, which masked more fundamental concerns about the sector.
The Federal Deposit Insurance Corp. added that troubled commercial
and industrial loans continued to increase, especially at larger
banks, and interest rate margins continued to decline.  Banks
charged off $7 billion in bad loans in the first quarter, a 38
percent rise from the same period last year.

New state jobless claims rose to the highest level since November
1992, last week, revealing a still weakening job market, which may
not have bottomed yet.  New claims soared above the key 400,000-
level for the third straight week ) the longest string since
September of 1992.  Economists had expected a modest drop in
claims from the prior week.  Here comes the Fed?

Treasury prices gained early as a result of the aforementioned
jobless claims report that raised expectations of further interest
rate cuts by the Federal Reserve.  Then they weakened, as the 30-
year bond ) the most vulnerable to a potential inflation-igniting
recovery ) shed 31/32 at 95 5/32, with a yield of 5.72 percent,
for a gain of 7 basis points.  The 10-year Treasury lost 11/32 at
97 24/32, to yield 5.30 percent, a pickup of 5 basis points.  The
5-year note dropped 4/32 at 99 1/32 to yield 4.85 percent for a
gain of 3 basis points.  Finally, the Fed-sensitive 2-year note
was flat at 100 9/32, for a yield of 4.10 percent.

For Tomorrow:

There is a gap between what Intel is saying about the future and
what it,s box-maker customers are saying.  Who,s right?  We,ll be
watching to see how this plays out tomorrow.  See Intel run.  See
the market react.

Bruce Feldman
Staff Analyst
www.stockbottom.com

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======================
Definition of The Day:
======================

Buying Power

Buying power has many forms but the most basic definition refers
to institutional sized accumulation or distribution over a long
period. BOP tells you whether the underlying activity in a stock
is characterized by systematic buying or selling.

Go to
http://stockbottom.com/glossary/viewglossary.asp?glossaryid=51
for complete definition.

-----------------------------------------------------------------
Sector Watch:
=================================================================

As of Market Close ) Thursday 06/07/2001

One support alert was hit Thursday.  The Airline Index
(XAL) was unable to pull out of its nose dive in time to
prevent a support alert from being hit.  I doubt we'll see
any support alerts being hit in technology sectors in the
near future after Intel's postive guidance.  Lowering
support (XAL).

                                  Key Benchmarks
Broad Market           Last     Support/Resistance   Alert
***********************************************************

DOW   Industrials      11,090      10,650  11,400
SPX   S&P 500           1,276       1,240   1,385
COMPX NASD Composite    2,264       2,050   2,400
OEX   S&P 100             658         640     690
RUT   Russell 2000        514         480     520
NDX   NASD 100          1,963       1,760   2,250
MSH   High Tech           615         525     690

BTK   Biotech             649         520     710
XCI   Hardware            880         740   1,000
GSO.X Software            240         210     260
SOX   Semiconductor       697         540     765
NWX   Networking          440         338     570
INX   Internet            217         180     260

BIX   Banking             664         620     680
XBD   Brokerage           523         475     620
IUX   Insurance           766         750     850

RLX   Retail              906         875     975
DRG   Drug                411         390     456
HCX   Healthcare          847         800     890
XAL   Airline             145         132     168
OIX   Oil & Gas           338         325     375      **

-----------------------------------------------------------------
For a description of how to interpret "Sector Watch" or if you
have problems with your E-mail service stripping out formatting
spaces use this link for the Web site graphic version:
http://www.stockbottom.com/sectorwatch/060701_1.asp

Copyright , 2001  StockBottom.com.
Do not duplicate or redistribute in any form.

-----------------------------------------------------------------

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alerts, plays, education and daily commentary.
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===============
Play of The Day (Long)
===============

FOE - Ferro Corp. $22.54 +0.23  s/l $21.00

Ferro Corporation is a worldwide producer of performance materials
for manufacturers. The Company's portfolio of products includes
coatings for ceramics and metal, electronic materials, pigments,
fine chemicals and polymer additives, specialty plastic compounds
and colors. The Company's materials are used in a wide variety of
markets. These include building and renovation, major appliances,
household furnishings, transportation and industrial products.
Ferro's products are sold principally in the United States and
Europe, however, operations extend to the Latin America and Asia-
Pacific

Tonight, we add a small cap company in the chemical group to the
play list as a long. Since the beginning of the year, the Russell
2000 index of small capitalization companies has turned in a 5+%
positive return while the Nasdaq Composite is sitting with a 10%
loss. Looking at the S&P Chemical Index (CEX.X), buyers have
obviously been stepping up to the plate, with the index tacking on
an impressive 13+% gain since the beginning of Q2 alone. What
makes Ferro even more appealing is the fact that the group has
pulled back from gains of 20+%, retracing all the way back to the
20-dma; but bounced firmly off this support point last Friday, and
advancing 3.6 points or 0.8% today. Fundamentally speaking, Ferro
is experiencing weaker profits like the rest of the world, but did
manage to grow revenues 5% sequentially as reported in its last
earnings report on 4/24. The company posted revenue of $370.7
million and net income of $14.0 million or $0.37 cents per share
as compared with $0.48 in the first quarter of 2000. In a press
release, the firm's CEO, Hector R. Ortino, discussed several cost
cutting measures to assist in the earnings battle including a
program to reduce employment costs on a worldwide basis by more
than $12 million annually. When the markets are to fully recover,
deep cyclicals like FOE, as well as others in the group will need
to lead the way. While the stock was recently downgraded by
McDonald / Key Corp., we like what we see on the chart. Shares
have broken out of a trading range between $20 and $21.50, and
have done so on volume numbers that are far above average. With
the exception of some small speed bumps in the road, there really
is very little to stop FOE from making an attempt at a new 52-week
high ($24.70). Participation was a bit light today, however. MACD
sits firmly above the trigger line, as well as in positive
territory. As for an entry point, with $24.70 being a nice gain
from here, we see no reason not to get on board now. The more
conservative, really an oxymoron when talking about a chemical
stock, may want to wait for a pullback and bounce off of the
$20.00 to $20.15 level, if it happens.

Average Daily Volume = 125K
52-week: High = $24.70 Low = $17.62
Next Earnings 07-24 est = N/A versus = N/A

Chart= http://www.stockbottom.com/charts/charts.asp?symbol=FOE

DISCLAIMER
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Rhonda and/or Christian:
Could someone revise the amendment that I sent around to amend these
confirms?  Thanks.

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

	Rhonda L Denton
	06/06/2001 04:58 PM

		 To: Wendy Conwell/ENRON@enronXgate @ ENRON
		 cc: Melissa Ann Murphy/HOU/ECT@ECT, Carol St Clair/HOU/ECT@ECT, Tracy
Ngo/ENRON@enronXgate@ENRON, Christian Yoder/ENRON@enronXgate@ENRON
		 Subject: RE: MEGA Deals to Assigned

The following deal confirmations do not contain the product definitions for
SP-15 delivery (CAISO) and Palo Verde/Mid Columbia (West Firm)

226189 (SP15)
220051 (SP15)
220052 (SP15)
249547 (PV)
200536 (MidC)

Therefore, the amendment will need to contain the definition of CAISO Energy
and West Firm Energy.

From: Wendy Conwell/ENRON@enronXgate on 06/06/2001 03:31 PM
To: Rhonda L Denton/HOU/ECT@ECT
cc: Melissa Ann Murphy/HOU/ECT@ECT, Carol St Clair/HOU/ECT@ECT, Tracy
Ngo/ENRON@enronXgate, Christian Yoder/ENRON@enronXgate
Subject: RE: MEGA Deals to Assigned

To Rhonda,

My bad...It looks like MEGA is assigning ALL of its physical power positions
with EPMI to ENA.  The attached spreadsheet below has the options in the
lower section, which should really be part of the "to be assigned" group.

To All,

Sorry for the confusion,

Wendy

 -----Original Message-----
From:  Conwell, Wendy
Sent: Wednesday, June 06, 2001 2:53 PM
To: Denton, Rhonda
Cc: Murphy, Melissa Ann; St Clair, Carol; Ngo, Tracy; Yoder, Christian
Subject: MEGA Deals to Assigned

Please find attached a spreadsheet which matches up the MEGA Deals with the
EPMI deals to be assigned from MEGA to Morgan.  Please review deal numbers
for accuracy and then review the confirms to ensure that all necessary West
Product Definitions are either in the confirm.  If they are not in the
confirm, they need to be identified in the amendment to the Master Agreement
with Morgan.

Thanks,
Wendy

 << File: Deals COB 052801 (to assign to mscg).xls >>


Samantha,

A Counterparty has traded two deals on EOL in which their Trader was logged
in as the wrong entity.  Correct Counterparty is TransCanada Energy Financial
Products Limited.  The entity they traded under (and are not allowed to do
Financial deals under) is TransCanada Energy Marketing USA, Inc.  Can you
have someone create an Assignment Agreement to move these to the correct
entity?  The deal numbers are QF1574.1 (EOL #668266), and QF2534.1 (EOL
#670690), both traded on December 7, 2000.  Enron entity is Enron Canada Corp.

Thanks,
Joe


Excellent.  I'll start with Knippa but probably need to work through his boss
or Barbara Gray to resolve this.  DF

Susan Scott
01/24/2001 10:24 AM
To: Kevin Hyatt/ET&S/Enron@Enron, James Centilli/ET&S/Enron@ENRON, Drew
Fossum@ENRON, Kim Kouri/ET&S/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON
cc:

Subject: ECS Gallup contract: Update

I spoke with the person who administers the Members Only website at
TriState.  I explained to her that we had been a customer under Rate No. 21
since July but only obtained access recently.  She processes the request
forms, and seemed to indicate that obtaining access is really a matter of
routine.  She said we should have been able to get access as soon as we
became a customer.  I told her we had signed a confidentiality agreement and
she confirmed this was routine also.  I did not press her on the specifics of
how ECS/TW obtained access, as I felt she had already given me enough
information to tend to confirm our suspicions.  She was helpful, and had we
known to contact her or someone in her department I feel certain we could
have talked our way thru the red tape (if any really existed).
---------------------- Forwarded by Susan Scott/ET&S/Enron on 01/24/2001
10:14 AM ---------------------------

Susan Scott
01/21/2001 12:45 PM
To: Kevin Hyatt/ET&S/Enron@Enron, James Centilli/ET&S/Enron@ENRON, Drew
Fossum@ENRON
cc: Steven Harris/ET&S/Enron@ENRON

Subject: ECS Gallup contract

Here are some bullet points based on our conversation Friday morning
regarding the ECS Compression Service Agreement.  These bullet points
summarize our position and are intended to be a starting point for a
conversation between persons at TW and at ECS (who are yet to be determined)
regarding the additional power costs incurred by Transwestern as a result of
the lack of a system for monitoring peak loads on CDEC.  If you have
additional comments, please let me know.

We still need to decide who is going to call whom; I am going to leave that
up to you, but do let me know if I can help.

-  ECS is under an obligation to work in good faith with CDEC to establish a
monitoring system that would automatically
alert TW to peak loading conditions on CDEC's system.

-  Rate No. 21 became effective in July 2000.  ECS did not obtain permission
for TW to access the "Members Only" portion of CDEC's website (which contains
load data) until January 2001.  Access to the information required a
confidentiality agreement, which was executed in December.

-  ECS blames the delay on Tri-State/CDEC, who allegedly would not work on
the confidentiality agreement until the merger was completed.   "Good faith"
by ECS would reasonably include alerting TW to any such delay or any
difficulty in getting access to CDEC's information.  TW was never contacted
in this regard.

-  Since Rate No. 21 contains a rebate for customers that avoid peak load
times, we assume that CDEC is under an obligation to provide such customers
with access to peak load information (I have not been able to verify this,
but it makes sense).  If this is true, we should have been able to have
access immediately upon the effectiveness of Rate No. 21.

-  Most if not all of the $325,000 peak load costs incurred by TW since July
could have been avoided had TW had access to a monitoring system.  Because it
did not alert TW to difficulties/delay in getting the necessary information
from CDEC, ECS did not act in good faith in obtaining such access and should
therefore take responsibility for its share of the consequences.

-  ECS needs to act without further delay to build an automated monitoring
system to eliminate the need for someone to continuously monitor the
website.  An estimated completion date should be provided.

I've left messages at CDEC to ask about access to the Members Only part of
the website; I'll follow up.  The website states only that access is granted
"on a case-by-case basis."  I hope to make contact on Monday and will let you
know what I'm able to learn from them.


Yea...can you come by around 5:30?

Sarah Wesner@ENRON
09/06/2000 03:29 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Re:

Progress is good.  Do you want to meet up today?

John Arnold@ECT
09/06/2000 11:51 AM
To: Sarah Wesner/Corp/Enron@Enron
cc:

Subject:

just checking up on the status of the margin project....


Bob, David and Jeff,

Please find the following EMail as a piece of the EBS / Compaq history.
This is the amendment language developed to address the five clarification
points rasied during the EBS / Compaq meetings in August and September
2000.   These meetings were held to gain mutual understanding and clearly
identify the requirements of the January 2000 Product and Server Supply
Agreement.

Bob, I appreciated the honesty and perspective shared between us this
morning.   I look forward to resolution of these perspectives.

thanks,

Kim
----- Forwarded by Kim Godfrey/Enron Communications on 12/19/00 08:42 AM -----

	Kim Godfrey
	11/30/00 07:16 PM

		 To: derrick.deakins@compaq.com
		 cc: Bryan Williams/Enron Communications@Enron Communications
		 Subject: Server Agreement Amendment Language

Derrick,

Please find attached proposed language for the Amendment to address the four
items that we discussed today in our Conference Call.   We believe that this
will achieve discussed changes to the Server Purchase and Product Supply
Agreement.   We look forward to resolving this in a timely fashion and thank
you in advance for your assistance.

Kim Godfrey
Director, Enterprise Services
Enron Broadband Services
phone : 713 345 8813
cell :      713 501 8105
fax:        713 853 7354


I also need to sign up for the executive impact and influence course

Thanks

---------------------- Forwarded by Hunter S Shively/HOU/ECT on 07/22/2000
08:13 PM ---------------------------

Becky Tlucek
07/20/2000 04:00 PM
To: Alonzo Williams/HOU/ECT@ECT, Andrea Ring/HOU/ECT@ECT, Andrew H
Lewis/HOU/ECT@ECT, Andrew R Conner/HOU/ECT@ECT, Ashton
Soniat/Corp/Enron@ENRON, Bhavna Pandya/HOU/ECT@ECT, Bill
Berkeland/Corp/Enron@Enron, Bill Rust/HOU/ECT@ECT, Bob Crane/HOU/ECT@ECT,
Brad McKay/HOU/ECT@ECT, Brian O'Rourke/HOU/ECT@ECT, Bruce
Hebert/GCO/Enron@ENRON, Caroline Abramo/Corp/Enron@Enron, Chad
Starnes/Corp/Enron@Enron, Charles H Otto/HOU/ECT@ECT, Charlie
Jewell/HOU/ECT@ECT, Chris Gaskill/Corp/Enron@Enron, Chris
Germany/HOU/ECT@ECT, Chris Lenartowicz/Corp/Enron@ENRON, Clint
Dean/Corp/Enron@Enron, Colleen Sullivan/HOU/ECT@ECT, Corry
Bentley/HOU/ECT@ECT, Craig Breslau/HOU/ECT@ECT, Cyril Price/HOU/ECT@ECT, Dan
Junek/HOU/ECT@ECT, Daniel Diamond/HOU/ECT@ECT, Daniel Reck/HOU/ECT@ECT,
Darren Delage/HOU/ECT@ECT, David J Vitrella/HOU/ECT@ECT, David
Ryan/Corp/Enron@ENRON, David Zaccour/HOU/ECT@ECT, Dean Laurent/HOU/ECT@ECT,
Diana Allen/Corp/Enron@ENRON, Dick Jenkins/HOU/ECT@ECT, Don
Baughman/HOU/ECT@ECT, Douglas Miller/ECF/Enron@ENRON, Douglas
SMITH/ENRON@Gateway, Ed Smith/HOU/ECT@ECT, Edward D Baughman/HOU/ECT@ECT,
Elsa Piekielniak/Corp/Enron@Enron, Eric Saibi/Corp/Enron@ENRON, Erik
Serio/Corp/Enron@Enron, Fletcher J Sturm/HOU/ECT@ECT, Frank
Ermis/HOU/ECT@ECT, Fred Lagrasta/HOU/ECT@ECT, Gary Hickerson/HOU/ECT@ECT,
Geoff Storey/HOU/ECT@ECT, George Hopley/HOU/ECT@ect, George
McClellan/HOU/ECT@ECT, George N Gilbert/HOU/ECT@ECT, George
Wood/Corp/Enron@Enron, Gerald Gilbert/HOU/ECT@ECT, Greg
Trefz/Corp/Enron@ENRON, Greg Whalley/HOU/ECT@ECT, Greg Woulfe/HOU/ECT@ECT,
Gretchen Lotz/HOU/ECT@ECT, Hunter S Shively/HOU/ECT@ECT, James E
Terrell/HOU/ECT@ECT, Jane M Tholt/HOU/ECT@ECT, Janel
Guerrero/Corp/Enron@Enron, Janelle Scheuer/HOU/ECT@ECT, Jared
Kaiser/HOU/ECT@ECT, Jason Choate/Corp/Enron@ENRON, Jason
Crawford/Corp/Enron@Enron, Jay Reitmeyer/HOU/ECT@ECT, Jay
Wills/Corp/Enron@ENRON, Jeff King/Corp/Enron@Enron, Jeff
Kinneman/HOU/ECT@ECT, Jeffrey A Shankman/HOU/ECT@ECT, Jennifer
Fraser/HOU/ECT@ECT, Jennifer Shipos/HOU/ECT@ECT, Jim Homco/HOU/ECT@ECT, Joe
Errigo/Corp/Enron@Enron, Joe Parks/Corp/Enron@ENRON, Joe
Stepenovitch/Corp/Enron@Enron, John Arnold/HOU/ECT@ECT, John
Berger/HOU/ECT@ECT, John Craig Taylor/HOU/ECT@ECT, John D Suarez/HOU/ECT@ECT,
John Grass/Corp/Enron@ENRON, John Greene/HOU/ECT@ECT, John
Kinser/HOU/ECT@ECT, John Llodra/Corp/Enron@ENRON, John M
Singer/Corp/Enron@ENRON, John Zufferli/HOU/ECT@ECT, John Zurita/HOU/EES@EES,
Juan Hernandez/Corp/Enron@ENRON, Judy Townsend/HOU/ECT@ECT, Kate
Fraser/HOU/ECT@ECT, Kayne Coulter/HOU/ECT@ECT, Keith
Comeaux/Corp/Enron@Enron, Keith Holst/HOU/ECT@ect, Keller
Mayeaux/Corp/Enron@Enron, Kelli Stevens/HOU/ECT@ECT, Kevin
Cline/Corp/Enron@Enron, Kevin M Presto/HOU/ECT@ECT, Kevin
McGowan/Corp/Enron@ENRON, Kyle Schultz/HOU/ECT@ECT, Larry
Jester/Corp/Enron@ENRON, Larry May/Corp/Enron@Enron, Larry
Valderrama/HOU/ECT@ECT, Laura Podurgiel/HOU/ECT@ECT, Lawrence
Clayton/Corp/Enron@Enron, Lisa Burnett/Corp/Enron@Enron, Lisa
Lees/HOU/ECT@ECT, Lloyd Will/HOU/ECT@ECT, Lucy Ortiz/HOU/ECT@ECT, Madhup
Kumar/Corp/Enron@ENRON, Madhur Dayal/HOU/ECT@ECT, Marc Bir/Corp/Enron@ENRON,
Maria Valdes/Corp/Enron@Enron, Mark Anthony Rodriguez/HOU/ECT@ECT, Mark Dana
Davis/HOU/ECT@ECT, Mark Smith/Corp/Enron@Enron, Mark Symms/Corp/Enron@ENRON,
Martin Cuilla/HOU/ECT@ECT, Matt Lorenz/HOU/ECT@ECT, Matthew
Arnold/HOU/ECT@ECT, Matthew Goering/HOU/ECT@ECT, Maureen Smith/HOU/ECT@ECT,
Michael W Bradley/HOU/ECT@ECT, Michelle D Cisneros/HOU/ECT@ECT, Mike
Carson/Corp/Enron@Enron, Mike Curry/HOU/ECT@ECT, Mike
Fowler/Corp/Enron@ENRON, Mike Grigsby/HOU/ECT@ECT, Mike
Maggi/Corp/Enron@Enron, Mitch Robinson/Corp/Enron@Enron, Nelson
Ferries/Corp/Enron@ENRON, Patrice L Mims/HOU/ECT@ECT, Patrick
Hanse/HOU/ECT@ECT, Paul Pizzolato/HOU/ECT@ECT, Per Sekse/NY/ECT@ECT, Peter F
Keavey/HOU/ECT@ECT, Phillip K Allen/HOU/ECT@ECT, Pushkar Shahi/HOU/ECT@ECT,
Randall L Gay/HOU/ECT@ECT, Richard Hrabal/HOU/ECT@ect, Robert
Benson/Corp/Enron@ENRON, Robin Barbe/HOU/ECT@ECT, Rogers Herndon/HOU/ECT@ect,
Ronald Acevedo/LON/ECT@ECT, Sandra F Brawner/HOU/ECT@ECT, Scott
Goodell/Corp/Enron@ENRON, Scott Hendrickson/HOU/ECT@ECT, Scott
Neal/HOU/ECT@ECT, Steve Olinde/Corp/Enron@Enron, Steven Kleege/HOU/ECT@ECT,
Steven P South/HOU/ECT@ECT, Susan W Pereira/HOU/ECT@ECT, Susan
Wood/HOU/ECT@ECT, Sylvia S Pollan/HOU/ECT@ECT, Sylvia S Pollan/HOU/ECT@ECT,
Tammi DePaolis/Corp/Enron@ENRON, Terri Clynes/HOU/ECT@ECT, Theresa
Branney/HOU/ECT@ECT, Todd DeCook/Corp/Enron@Enron, Tom Donohoe/HOU/ECT@ECT,
Tom Dutta/HOU/ECT@ECT, Tom May/Corp/Enron@Enron, Tom Mcquade/HOU/ECT@ECT,
Tori Kuykendall/HOU/ECT@ECT, Troy Black/Corp/Enron@ENRON, Wayne
Herndon/Corp/Enron@ENRON, William Patrick Lewis/HOU/ECT@ECT, William
Stuart/HOU/ECT@ECT
cc: Jeffrey T Hodge/HOU/ECT@ECT, Mark E Haedicke/HOU/ECT@ECT, Mark
Frevert/NA/Enron@Enron, David W Delainey/HOU/ECT@ECT, John J
Lavorato/Corp/Enron@Enron
Subject: Antitrust Training

Please see the attached memo regarding the Antitrust Training.


Here's my first cut at the Co-op City letter outlining the results of our
meeting. Some of the engineering numbers will be ready today, the rest by
9:00am Monday.

Please comment,

Mark
3-7516


Teco Tap       60.000 / Enron ; 65.000 / HPL IFERC

LS HPL LSK IC       15.000 / HPL IFERC


I have a question on the generation number we are pulling from your
database.  The hydro numbers are coming in positive and negative.  Could you
please explain the difference there when you get a chance.  Thanks for your
help.

Matt Lenhart


Thanks Lance,
I have a question:  on the Ercot transmission outage  page,   the TU  Bellmead station is listed as having trouble - the buss is damaged due to storm.    Is this the reason that there are TU CSC's, as mentioned on the Ercot conference call?  The station is to be out until August 10th.  We have had a significant price split and I think that this might be the specific reason.
I have tried powerworld,  but I couldnt turn off this station.

What do you think?

JMF

 -----Original Message-----
From: 	Cunningham, Lance
Sent:	Thursday, August 09, 2001 1:29 PM
To:	Ballato, Russell; Curry, Mike; Day, Smith L.; Dean, Clint; Forney, John M.; Gilbert-smith, Doug; Jester, Larry
Cc:	Lin, Martin; Shanbhogue, Vasant; Yaman, Sevil
Subject:	ERCOT LMP at peak

Doug,

A few weeks back I showed you a picture of what ERCOT could look like with LMP prices.  The attached figure has the lines removed as you requested and areas identified by price.

 << File: 2001 Summer Peak LMP.doc >>

Lance


61

 -----Original Message-----
From: 	daryl.dworkin@americas.bnpparibas.com@ENRON [mailto:IMCEANOTES-daryl+2Edworkin+40americas+2Ebnpparibas+2Ecom+40ENRON@ENRON.com]
Sent:	Tuesday, August 14, 2001 10:15 AM
To:	daryl.dworkin@americas.bnpparibas.com
Subject:	BNP PARIBAS Commodity Futures Weekly AGA Survey

Good Morning,

Please provide your estimate for this week's AGA storage survey.

Here are this week's stats:

AGA Last Year       +52
5 yr AVG            +68
Lifetime High            +93  1996
Lifetime Low             +37  1995
Gas in STGE              2283
5yr AVG             2152
+/- to 2000              +298
+/- to 5yr AVG           +198

Please have your estimates in by Noon (11:00 CST) Wednesday.  Thank you.

(Embedded image moved to file: pic16721.pcx)

_____________________________________________________________________________________________________________________________________

Ce message et toutes les pieces jointes (ci-apres le "message") sont etablis a l'intention exclusive de ses destinataires et sont confidentiels. Si vous recevez ce message par erreur, merci de le detruire et d'en avertir immediatement l'expediteur.

Toute utilisation de ce message non conforme a sa destination, toute diffusion ou toute publication, totale ou partielle, est interdite, sauf autorisation expresse.

L'internet ne permettant pas d'assurer l'integrite de ce message, BNP PARIBAS (et ses filiales) decline(nt) toute responsabilite au titre de ce message, dans l'hypothese ou il aurait ete modifie.
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Any use not in accord with its purpose, any dissemination or disclosure, either whole or partial, is prohibited except formal approval.

The internet can not guarantee the integrity of this message. BNP PARIBAS (and its subsidiaries) shall (will) not therefore be liable for the message if modified.
_____________________________________________________________________________________________________________________________________

 - pic16721.pcx << File: pic16721.pcx >>


C-

so i'm thinkin' this is not a good time to be sporting
my enron lands end sweatshirt.

i read that enron sold their energy trading division.
i was assuming this was your territory.  what are your
plans my friend?

i am on call tonight.  delivered 4 babies earlier
today- it is such an amazing experience.  i got 4 more
cookin' right now.  if them bitches keep complaining
of pain, i'm gonna give 'em somethin' to cry about.
shit.
love, trey

__________________________________________________
Do You Yahoo!?
Great stuff seeking new owners in Yahoo! Auctions!
http://auctions.yahoo.com


> Dear Jeff,
>
> Although I don't think we've met each other in person, we've been together
> in McKinsey for at least several years. I joined the Firm in 86 and left
> in 98 to become EVP at Endesa. Since then, we have had sporadic contacts
> with your people at this side of the Atlactic, specifically with Marc
> Frevert and Eric Gonzales.
>
> As you may know, we are right now in the process of merging with
> Iberdrola, the second Spanish electric company. If the merger is
> successful, we will be  "reinventing ourselves", as we will divest close
> to $15b of Spanish electric assets and reinvest the proceedings in new
> businesses and geographies.
>
> Last week, I discussed with Rafael Miranda, my boss and Endesa CEO, our
> interest to develop a formal contact with his counterpart at Enron, and I
> suggested him that I would contact you in that  respect. If the interest
> exists also on your part, please let me know.
>
> As a reference, I am attaching you the presentation we have been using
> with investors and analysts in our more recent roadshow.
>
> I hope to meet you in person soon. Warmest regards.
>
>  <<LEO_Equity_Story_C(10)_English.ppt>>
>
> Luis Rivera
> Director General de Planificaci?n y Medios
> ENDESA
> Tel.: +34915668615
> lrivera@endesa.es
> _________________________________________________________________________
> 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. ENDESA 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.
> _______________________________________________________________
>
>
>
>
>
>
 - LEO_Equity_Story_C(10)_English.ppt


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Hi Gerald.  Ron Coker is talking with Stephanie about how to get Kern River's
approval of substitute security to be put up by Calpine in order to get ENA
released.  Could you send to me and to Ron the current version of the
transportation agreement itself (which I understand has been negotiated with
Kern but wouldn't be executed until later).  Also, is my understanding
correct that the firm commitment that ENA would put in place n the 15th would
be accomplished by another amendment to the Precedent Agreement?  Does a
draft of this additional amendment exist?

If you need to reach me, my direct number is (503)464-8692, and fax is
(503)464-8058.  Thanks.


Huber Pkg #1 (700 Mcfd)  TSA #1913
Huber Pkg #2 (3,000 Mcfd) TSA #1968

He is faxing me the complete TSA's.

Tyrell Harrison
303 575 6478


To get off the list, please send an e-mail to: LISTSERV@LIST.RTOWEST.ORG and
in the subject line, please put "SIGNOFF RRGA-L"

Thank you!

- Sarah

----- Original Message -----
From: "Nickeson-Moore, Nikki" <NNicke@PUGET.COM>
To: <RRGA-L@LIST.RTOWEST.ORG>
Sent: Tuesday, May 15, 2001 4:50 PM

> Please remove my name from future mailings.  Kimberly Harris of Puget
Sound
> Energy should be receiving all information relating to RTO.  Thanks!
>
> > ----------
> > From:         Dalia, Keith A - TOS-DITT1[SMTP:kadalia@BPA.GOV]
> > Reply To:     RTO West Regional Representatives Group
> > Sent:         Tuesday, May 15, 2001 4:39 PM
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> > to all the people  who have subscribed. All commands must  be sent to
the
> > "LISTSERV  address",   LISTSERV@LIST.RTOWEST.ORG.  It   is  very
> > important to understand  the difference between the  two, but
fortunately
> > it is  not complicated. The  LISTSERV address is  like a FAX  number
that
> > connects you  to a  machine, whereas  the list address  is like  a
normal
> > voice line connecting you to a person. If you make a mistake and dial
the
> > FAX number  when you  wanted to talk  to someone on  the phone,  you
will
> > quickly realize  that you used the  wrong number and call  again. No
harm
> > will have been done. If on the  other hand you accidentally make your
FAX
> > call  someone's  voice  line,  the  person receiving  the  call  will
be
> > inconvenienced, especially if your FAX then re-dials every 5 minutes.
The
> > fact that  most people  will eventually  connect the  FAX machine  to
the
> > voice line to  allow the FAX to  go through and make the  calls stop
does
> > not mean  that you  should continue  to send FAXes  to the  voice
number.
> > People would just get mad at you.  It works pretty much the same way
with
> > mailing  lists, with  the difference  that  you are  calling hundreds
or
> > thousands of people  at the same time, and consequently  you can expect
a
> > lot of people to get upset if  you consistently send commands to the
list
> > address.
> >
> > You may leave the list at any  time by sending a "SIGNOFF RRGA-L"
command
> > to LISTSERV@LIST.RTOWEST.ORG. You can also tell LISTSERV how you
> > want it to confirm  the receipt of messages you send to  the list. If
you
> > do not trust  the system, send a "SET RRGA-L  REPRO" command and
LISTSERV
> > will send you a  copy of your own messages, so that you  can see that
the
> > message was distributed and did not get damaged on the way. After a
while
> > you  may find  that this  is getting  annoying, especially  if your
mail
> > program does not  tell you that the  message is from you  when it
informs
> > you that new mail has arrived from  RRGA-L. If you send a "SET RRGA-L
ACK
> > NOREPRO" command, LISTSERV will mail you a short acknowledgement
instead,
> > which  will look  different in  your  mailbox directory.  With most
mail
> > programs you  will know immediately  that this is an  acknowledgement
you
> > can read  later. Finally,  you can  turn off  acknowledgements
completely
> > with "SET RRGA-L NOACK NOREPRO".
> >
> > Following  instructions from  the list  owner, your  subscription
options
> > have been set to "NOFILES REPRO" rather than the usual LISTSERV
defaults.
> > For more  information about subscription  options, send a  "QUERY
RRGA-L"
> > command to LISTSERV@LIST.RTOWEST.ORG.
> >
> > Contributions sent to this list are automatically archived. You can get
a
> > list of the available archive files  by sending an "INDEX RRGA-L"
command
> > to  LISTSERV@LIST.RTOWEST.ORG. You  can then  order these  files
> > with a "GET RRGA-L LOGxxxx"  command, or using LISTSERV's database
search
> > facilities. Send an  "INFO DATABASE" command for more  information on
the
> > latter.
> >
> > This  list is  available  in digest  form.  If you  wish  to receive
the
> > digested version of the postings, just issue a SET RRGA-L DIGEST
command.
> >
> > Please note that  it is presently possible for other  people to
determine
> > that  you are  signed up  to the  list through  the use  of the
"REVIEW"
> > command,  which  returns   the  e-mail  address  and  name   of  all
the
> > subscribers. If  you do not  want your name to  be visible, just  issue
a
> > "SET RRGA-L CONCEAL" command.
> >
> > More  information on  LISTSERV  commands  can be  found  in the
LISTSERV
> > reference  card, which  you can  retrieve  by sending  an "INFO
REFCARD"
> > command to LISTSERV@LIST.RTOWEST.ORG.
> >


Andy, Kathy - can you help with this?

Linda J Ewing
02/23/2001 02:00 PM
To: Scott Neal/HOU/ECT@ECT
cc:
Subject: Sempra Energy trading

I need the desk id for Sempra Energy trading Temp # 67083 for 01/2001
production  (Supply)

Thanks
Linda


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I'm on it.

-----Original Message-----
From: Steffes, James D.
Sent: Thursday, November 01, 2001 8:49 PM
To: Williams, Robert C.
Cc: Mara, Susan
Subject: FW: Supreme Court Petition - 1st draft
Importance: High

CA supreme court filing.

[Steffes, James D.]
 -----Original Message-----
From: Mara, Susan
Sent: Wednesday, October 31, 2001 3:57 PM
To: Steffes, James D.
Cc: Dasovich, Jeff; Kaufman, Paul
Subject: FW: Supreme Court Petition - 1st draft
Importance: High

Jim,

Will someone in legal want to involved in this filing?  Let me know.  Jeff and I are actively seeking additional sign-ons to this -- especially some customers.

Sue
-----Original Message-----
From: Ed Duncan [mailto:EDuncan2@ArterHadden.com]
Sent: Tuesday, October 30, 2001 5:12 PM
To: Mara, Susan
Cc: douglass@energyattorney.com
Subject: Supreme Court Petition

Sue,

Attached is a draft of the Petition which can be circulated.

I recommend that an Alliance member join the Alliance as a Petitioner to eliminate any issue about standing.  I am assuming that there is at least one willing member who was also a formal party to the proceeding which resulted in the Preferred Policy Decision.  Was the Alliance a formal party to that proceeding?

The basic structure of the Petition is complete.  I shall complile the Exhibits and then review same to determine whether the citations and to add any arguments which have been overlooked.

I would like to file on November 9.  I think that this Petition and the Commonwealth Petition should be filed on the same day.  If you concur, I will coordinate with Commonwealth's counsel.

I look forward to your comments.  EWD


send non-enron- email.

-----Original Message-----
From: Buy, Rick [mailto:Rick.Buy@enron.com]
Sent: Wednesday, December 05, 2001 8:44 AM
To: Fishkin, Charles A
Subject: RE: NOTE

thanks for note. laid off two thirds of staff on monday. have learned a
tremendous amount and may go on lecture circuit. i wonder if a board of
directors would pay to hear my story? all is ok thanks, rick

-----Original Message-----
From: Fishkin, Charles A [mailto:cfishkin@kpmg.com]
Sent: Wednesday, December 05, 2001 1:20 AM
To: Buy, Rick
Subject: NOTE

I assume that you are doing OK.

While it's painful now, several years ahead you will be able to look
back on
the whole thing realize how much one has learned from this experience.

hang in.

reach out if you need help.

caf
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Hi Sheila,

I'm not up on this part of the deal.

ckm
---------------------- Forwarded by Kay Mann/Corp/Enron on 12/11/2000 04:43
PM ---------------------------

	From:  Rebecca Walker                           12/11/2000 04:40 PM

To: Kay Mann/Corp/Enron@Enron
cc: Ben Jacoby/HOU/ECT@ECT, Catherine Clark/HOU/ECT@ECT

Subject: ESA Option Execution

Kay

For ESA to exercise its LM 6000 purchase option, it must pay the Option
Exercise Price of $101,249,431 (per section 3A of the Option Agreement) plus
an additional charge of $21,500 per day for each day after November 22d (per
section 3B of the Option Agreement).  If the option is exercised on December
13th, the total amount to be paid would be:

Option Exercise Price      $101,249,431
Plus: Additional Costs: $21,500 per day x 21 days =     $        451,500
Option Exercise Price plus Additional Costs  $101,700,931

Please let me know if the execution date changes because this will also
change the total dollar amount.

Thanks,
Rebecca
x57968


- 10_17_01LO.xls
 - 10_17_01GO.xls
 - 10_17_01OH.xls


I read the same.  It was crazy.  Their solution is to tell us to do what we said didn't make sense.  We won't give the FERC made up information.

Jim

 -----Original Message-----
From: 	Lawner, Leslie
Sent:	Friday, October 12, 2001 12:13 PM
To:	Shapiro, Richard; Steffes, James D.; Kean, Steven J.; Kingerski, Harry; Cantrell, Rebecca W.; Calcagno, Suzanne; Fulton, Donna
Cc:	Pharms, Melinda
Subject:	FERC rehearing of the California monthly gas sales reporting requirement, RM01-9

This is not intended to be summary of the FERC rehearing just issued on the Monthly Marketers' Report of Gas Sales to California, but just a heads-up on one issue.  We argued that since we manage our business on an aggregated basis, we cannot report the sales, purchases and transportation on the back-to-back basis contemplated in the rule.  FERC's response was that did not relieve us of the need to report and that since everything is aggregated, then all purchases and transportation should be allocated pro rate to the sales made into CA.  This interpretation is as arbitrary and meaningless as the after-the-fact allocations of supply and transport to specific sales woud have been, that we argued against.  And it is probably just as labor intensive.  When Becky gets back we will look into the burden of compliance, but we have the option to seek further rehearing on this issue.