What a mess.  Keeping discovery at bay should, obviously, continue to be a
very high priority for us.  Let me know if these strange events signal an
increased likelihood that Gynberg will be able to pursue discovery.  Thanks.
df

STACI
HOLTZMAN
12/11/2000 09:06 AM

To: Michael Moran/ET&S/Enron@ENRON, Dorothy McCoppin/FGT/Enron@Enron, Drew
Fossum/ET&S/Enron@ENRON
cc:

Subject: Status Conference before Judge Downes

FYI.  (I have not yet had an opportunity to talk to Charlie about any of
this.)
---------------------- Forwarded by Staci Holtzman/FGT/Enron on 12/11/2000
09:07 AM ---------------------------

"Tetrault, Charles D." <ctetrault@velaw.com> on 12/07/2000 04:31:10 PM
To: "Richard B. Sanders (E-mail)" <Richard.B.Sanders@enron.com>, "Staci
Holtzman (E-mail)" <sholtzm@enron.com>
cc: "Barrett H. Reasoner (E-mail)" <breasoner@Gibbs-Bruns.com>

Subject: Status Conference before Judge Downes

There was a lengthy status conference this afternoon, lasting about an hour
and a quarter.  It was marred by extremely poor telephone connections.  The
technical difficulties frustrated the parties and the judge and made the
conference a mess.

Without trying to summarize the conference, I note a few things that the
Court decided to do based on the discussions.

1.   Quinque.  Judge Downes agreed to have oral argument on the motion to
remand in Quinque on January 3, 2001 at 1:15 p.m. in Casper.  One hour was
set aside for argument.  He declined Mike Beatty's suggestion of an
additional executive summary of the briefing.  The judge was the first one
to suggest the oral argument.  The plaintiffs suggested that the Court rule
on the papers, but quickly acquiesced to the Court's suggestion when the
defendants said that they wanted argument.

2.    Osterhoudt.   Osterhoudt appeared pro se.  Motion to disqualify
Wright's counsel (Phillips & Cohen) and estopping Mr. Wright on some claims.
Both Osterhoudt and Wright want oral argument.  Wright defendants and DOJ
didn't object.  Osterhoudt was appearing pro se, and so there was a long
rambling discussion of the matter.  The judge was reluctant to cut off a pro
se party, but ultimately did.  Regrettably, the rambling discussion set the
tone for the rest of the call.

3.   Osterhoudt.   Government's motion to dismiss Ousterhoudt's case.
Government wants its motion to dismiss Grynberg's valuation claims to be
heard at the same time.  The government claims these relator status issues
are holding up the Shell $56 million settlement and any future settlements.
Grynberg objected to having the motion in Grynberg heard at the same time.
Grynberg wants discovery from Wright and the government.

4.    Pending Motions.  The Court, of out frustration at the inability to
hear the parties and at the attempts by some to argue the merits of things
that the Court was not prepared to address, set down two hours for oral
argument on February 22, 2001, at 10:00 a.m. on all pending  motions in
Wright and Grynberg that address the jurisdictional issues discussed on the
call and the motions to dismiss.  This obviously will create some problems.
It was far from clear precisely which motions that the Court had in mind.
While there are not that many motions pending, some of the pending
government motions likely could affect public disclosure / original source
motions that the defendants could, but have not yet, filed.  The defendants
have not filed those motions yet because of a desire to first test the
complaints on Rule 9(b) grounds.

5.   Discovery.   Parties who want discovery on those issues (Grynberg and
probably the Wright defendants) were given one day to present their position
by letter to the Court.  Other parties then will have two days to respond.

6.    Liaison Counsel.   The Court designated Tom Nicholas as Liaison
Counsel for the defendants in the Wright case and Don Schultz as Liaison
Counsel for the defendants in the Quinque case.

7.    February 22 hearing.  Phil Figa, one of Grynberg's lawyers, was given
the task of leading the consultation among counsel concerning how the
pending motions should be addressed at the hearing and how the time should
be divided.

Charles D. Tetrault
Vinson & Elkins L.L.P.
1455 Pennsylvania Ave., N.W.
Washington, D.C. 20004-1008
ctetrault@velaw.com
202.639.6551 [voice]
202.639.6604 [fax]

          ++++++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


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PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042616.txt

---- Energy Import/Export Schedule ----
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/26/01
  TIE_POINT: PVERDE_5_DEVERS
  INTERCHG_ID: CISO_EPMI_DESERT
  ENGY_TYPE: NFRM


Hi, Mark:

ECT Investments, Inc. is trying to finalize a "Terms of Business Letter" with Goldman Sachs International ("GSI") in London (for trading foreign listed equity options).  GSI is resisting the inclusion of any limitation of liability language in the agreement.  Our agreement is governed by English law.  I have requested the following simple statement:

	"Neither party shall have any liability arising from this Letter or from any obligations which relate to this Letter for any indirect, special, punitive, exemplary, incidental or consequential loss of damage."

Do you even use such a provision in your documents goverened under English law?  What language (if any) would you propose for use with an English party?

I'd appreciate your insight.

Regards,
Sara

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


Laurie -- At this time, all transactions are  on hold.  I will let you know if the hold will be lifted and will then be able to discuss this with you.
Thanks.
Jo Ann

 -----Original Message-----
From: 	Knight, Laurie
Sent:	Thursday, November 08, 2001 11:32 AM
To:	Hill, Jo Ann
Subject:	SPHERION

Good Afternoon Jo Ann

I would like to take advantage of the outplacement services Enron is offering.  There was no telephone number listed in the letter.  At your convenience would you please forward that telephone number to me.

Thanks
Laurie Knight
614/760-2704


[IMAGE]
  [IMAGE] OCTOBER 2001 Edition   Dear Richard,   Thank you for visiting LoanWeb/4Insurance. On behalf of our sister site www.iHomeowner.com , we're sending this useful iHomeowner Monthly Newsletter to you. It's specifically dedicated to the needs of Homeowners such as yourself. For much more, please visit www.iHomeowner.com , a one-stop solution for all of your homeownership needs before, during, and after the sale.  [IMAGE]    DECORATING DOS AND DON'TS  9 Stylish Lessons    [IMAGE]Review these home decorating lessons to enhance the true beauty of each room in your house.  You'll decorate like a professional! Click here to learn more.     REFINANCE REFRESHER - A QUICK CHECKLIST  Rates are the Lowest in Years    Now is the perfect time to refinance your mortgage and save money.  But, be sure to read this checklist before you shop around. Click here to learn more.     15-MINUTE MEAL RECIPES  15 Recipes for 15-Minute Meals    [IMAGE]These speedy recipes will both drastically reduce your meal preparation time and have you and your family eating within minutes. Click here to learn more.     HOW TO HOST A SUCCESSFUL DINNER PARTY  Impress Your Guests with a Personal Touch    Hosting a dinner party is your chance to shine.  Here's what to do to make it a unique and memorable experience for everyone. Click here to learn more.     EASY FIX-IT SOLUTIONS FOR THE HOME  Why Hire a Professional - Do It Yourself    [IMAGE]Learn how to fix common household problems like a pro.  Simple instructions will show you how and save you money. Click here to learn more.     SCREAM THIS HALLOWEEN  Costumes, Decorations, Treats, & More    [IMAGE]Carve the perfect pumpkin.  Create the best costume.  Bake the ideal treats.  Enjoy a haunting Halloween! Click here to learn more.      [IMAGE]   [IMAGE] Get Your FICO
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PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042707.txt


Hey Dover,

You are the only one who figured out what the hell I was saying.  So many
people sent back dumbass responses such as your not that fat.  I thought I
was being very creative but obviously not.  I was in Rio for new years and
it was a sick time.  I have some digital pictures I will send you next time
I download to a floppy disk.  The people in Rio were so cool and showing as
much skin as possible is the custom.  I am trying to finish up my
applications while out here and I think I will be submitted by the end of
January.  I hear OB actually has to go back to work!  I hope he can handle
it.  I visited him before Christmas and he was partying like senior year of
college.

I still have not forgotten your wedding gift and am getting it when I am in
the Far East.  Something you guys will always remember-how many slaves do
you think you need, they are real cheap.

Chobs

> -----Original Message-----
> From: Benjamin Rogers [SMTP:brogers2@ect.enron.com]
> Sent: Sunday, January 09, 2000 2:26 PM
> To: CHOBY, C.
> Subject: Re: New Address
>
>
>
> Hey there;
> "Do you know who your "big toe" is yet?  Do you swallow alot of aggression
> along
> with alot of pizzas?  Well if you do, then you are going to be a lean,
> mean
> fighting machine.  I finally finished all of my applications and have had
> several interviews with Columbia and Rice.  Duke is in a couple of weeks.
> I'll
> probably here from NYU in the next couple of weeks.  We were in St. Barts
> for
> New Years and it was awesome.  We need to have a huge party when you get
> back in
> the summer.  I talk to Gioffre quite a bit now and we are trying to get a
> lot of
> people together this summer.  Hope your trip is going well and Keep in
> touch.
> I'll let you know how the B-School results come in.  Talk to you soon.
> Ben
>
>


Here is the current copy, we are still waiting for information from the
structuring group for the last slide.
Ben


Toni,

FYI.

Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 10/09/2000
11:12 AM ---------------------------

"Martin Jermakyan" <martin@electrapartners.com> on 10/09/2000 10:55:34 AM
Please respond to "Martin Jermakyan" <martin@electrapartners.com>
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Updated resume

Dear Vince,

Attached please find my upgraded resume.  Look forward to hearing from you.

Regards,
Martin

 - martin .doc


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PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002013002.txt


The attached report is an estimated analysis of the parties who will receive January 2002 Alert day penalty invoices, excluding January 3, 4 & 8.  If you have questions or need further detail, give me a call at X35146.
Sheila


<<MF June 18th 2001.pdf>>

			Good Monday Morning - Comments From The Local Guys!

On Friday, it was reported that Industrial Production fell by 0.8%  in May,
after falling a downward-revised 0.6% in April. Additionally, Capacity
Utilization fell to 77.4%, its lowest point since August 1983. This data
increases the odds of a 50 basis point interest rate cut from the Federal
Reserve at the June 26/27  meeting.

The 30-year US T-Bond yield is 5.68%.
The 10-year note yield is 5.22%.
The 5-year is trading at 4.67%.
Spot crude oil is trading at $27.82 p/b.
Natural Gas - Henry Hub -  is trading at $4.08 p/mcf.

			AD Time:

New Federal Insider-Trading Rule (Rule 10b5-1) have been adopted by the SEC
under the Securities Exchange Act of 1934. This rule greatly enhances an
insider's/employee's ability to trade his/her corporate shares during
blackout periods.
Previously, without the protection of this new SEC rule, employees and
insiders could safely trade only outside of designated blackout windows.
Under this new rule, insiders/employees may have the ability to purchase and
sell their corporate shares even during blackout periods if a written plan
was established and in force when the insider/employee was not in possession
of material, non-public information.
The new rule contains other restrictions and should be reviewed carefully.

Lehman Brothers has established a turn-key plan that take into account the
regulatory procedures for establishing such a plan.    Please email us or
call us for more information.

				Lehman Brothers' Research.

INITIATING COVERAGE

Neurocrine Biosciences(NBIX) 1 - Strong Buy M. Wood, .212.526.4035
Initiating Coverage with a Strong Buy (C)
OLD NEW STREET P/E
Price: $34.42 EPS 2000 N/A -$1.30 N/A N/A
52 Wk Ra: $46 - 14 EPS 2001 N/A -$1.73E N/A N/A
Mkt Cap: $874.3MM EPS 2002 N/A -$1.24E N/A N/A
FY: 12/31 Price Target N/A $60
Rank N 1
*We are initiating coverage of Neurocrine (NBIX) with a Strong Buy rating
and a 12 month price target of $60.
*Lead product NBI 34060 could take a meaningful portion of the insomnia
market, currently worth an estimated $1.5 billion. We
expect this product to enter Phase III later this year.
*Neurocrine has a particularly strong pipeline for a company of its size.
This includes CRF Antagonists for the treatment of anxiety,
depression and IBD, as well as two cancer products.
*Near term potential catalysts include announcement of further Phase II data
on NBI-34060 (July) and two new corporate partnerships
(2H-2001).
*Our EPS forecasts in 2001-05 are $1.92 loss, $1.24 loss, $1.78 loss, $1.35
loss, $0.79 and $3.77.

FOCUS STOCKS

McDonald's Corp(MCD) 1 - Strong Buy M. Speiser, .212.526.3255
Disappointing Outlook - Interim Update Review
OLD NEW STREET P/E
Price: $28.67 EPS 2000 N/A $1.46 N/A N/A
52 Wk Ra: $35 - 25 EPS 2001 $1.38E $1.38E $1.49E 20.8
Mkt Cap: $38.0B EPS 2002 $1.53E $1.53E $1.67E 18.7
FY: 12/31 Price Target $38 $38
Rank 1 1
*The outlook is disappointing so the turnaround time is delayed. However, we
lowered our EPS forecast primarily due to Cost issues
& ForEx, not Sales & the worst appears to be over. Maintain 1-rating & $38
9-12 month p-target
*Mgmt guided 2Q EPS to $0.34-$0.35, -10 to -13% vs. Street of $0.38. Full
yr, All-in guidance now at $1.40 vs. our low-end view of
$1.46; Constant $ '01 EPS guidance now flat, reduced from +6-10%, Forex '01
run-rate now -$0.06/shr. We cut our 1) 2Q EPS view
to $0.34 2) '01 EPS view to $1.38 & 3) '02 forecast to 1.53, +11%
*Silver linings; 1) 2Q Constant currency (K$) EPS s/b improved from 1Q &
forward 2) K$ system sales +6% ytd & 3) Unit growth
remains Unch. So 1Q EPS appears to be trough & issues are more cost related
(beef, energy) & FX, not Sales
*Maintain 1-rating & $38 9-12 mo target; target P/E now about a 10% premium
to S&P, still within 5-yr ranges. 1Q the worst,
visibility on '02 rebound & New mgmt to fuel P/E

Fannie Mae(FNM) 1 - Strong Buy B. Harting, .212.526.3007
18% EPS Growth This Year; Trades at 14 Times '02 EPS (A)
OLD NEW STREET P/E
Price: $80.66 EPS 2000 N/A $4.28 N/A N/A
52 Wk Ra: $89 - 48 EPS 2001 $5.00E $5.05E $5.05E 16.0
Mkt Cap: $80.7B EPS 2002 $5.70E $5.75E $5.70E 14.0
FY: 12/31 Price Target $95 $95
Rank 1 1
*We reiterate our 1- Strong Buy rating on Fannie Mae and our price target of
$95. FNM has delivered 14 years of consecutive double
digit earnings growth, and our new EPS estimate represents 18% growth this
year. And yet, the stock is trading at 14 times our 02
EPS.
*Fannie Maes monthly number showed strong purchase commitment volume, an
excellent net interest margin and very strong credit.
We are raising our 01 and 02 EPS estimate by $0.05 each.
*OFHEOs annual report was released on June 15, which concluded that FNM
exceeded safety and soundness standards in every
category examined. These categories included credit risk, market risk,
operational risk and corporate governance.
*We also reiterate our 1-Strong Buy rating and $75 price targets for Freddie
Mac. FRE also passed OFHEOs annual examination, and
we expect the company to deliver 20% EPS growth in 01. It is currently
trading at 14 times our 02 EPS.

QUALCOMM Inc(QCOM) 1 - Strong Buy T. Luke, .212.526.4993
Update: 3Q Appears On Track w/Modest Expectations (A,C)
OLD NEW STREET P/E
Price: $49.37 EPS 2000 N/A $1.05 N/A N/A
52 Wk Ra: $108 - 43 EPS 2001 $1.05E $1.05E $1.04E 47.0
Mkt Cap: $39.8B EPS 2002 $1.29E $1.29E $1.33E 38.3
FY: 9/30 Price Target $85 $85
Rank 1 1
*Following recent sector weakness across the wireless equip. group, we
thought it timely to provide an update on trends at wireless
innovator QUALCOMM. We maintain our 1 Strong Buy.
*While market conditions remain subdued, we believe that demand remains
in-line w/QCOM's modest earnings guidance, revised post
2Q01. We believe revs & EPS in 3Q of $627M & $0.21 remain achievable. 3Q
chipsets likely to be approx. 14M in period, w/range
of 70-80M units for CY01.
*We consider subscriber growth trends in major CDMA markets in Japan, Korea
& US are trending broadly in-line w/01 ests.
*Catalysts for stock in 2H01 include 1x roll-outs, spin-off (expected
Sept/Oct 01), licensing deals w/NOK, ALA & Siemens. Target
$85.

COMPANY/INDUSTRY UPDATES

Exodus Communications(EXDS) 2 - Buy H. Blount, .212.526.9128
Meeting with Management (C)
OLD NEW STREET P/E
Price: $4.61 EPS 2000 N/A -$0.54 N/A N/A
52 Wk Ra: $69 - 4 EPS 2001 -$0.65E -$0.65E -$0.61E N/A
Mkt Cap: $2.4B EPS 2002 -$0.19E -$0.28E -$0.16E N/A
FY: 12/31 Price Target $15 $9
Rank 2 2
*We are maintaining our Buy rating but reducing our 2002 revenue forecast
and price target.
*EXDS management recognizes the challenges ahead and is making progress on
multiple fronts.
*We believe the 2Q conference call will be critical to reigniting equity
interest in the company.
*Churn peaked in March and has trended down sequentially, however, the macro
environment remains challenging. Therefore, we are
reducing our 2002 revenue forecast from $2.5B to $2.0B and our price target
from $15 to $9.
*EXDS has $1.1 billion in cash and $450 million in remaining bank lines
available. We continue to believe the company will receive
a waiver on its bank line covenants.
*We believe the previously announced cost reductions and lower capex will
allow the company to reach cash flow positive. However,
the company must begin demonstrating progress in 2Q01.

Carnival Corp(CCL) 3 - Market Perform F. Kantor, .212.526.5562
Expecting Downward Revisions for Remainder of the Year
OLD NEW STREET P/E
Price: $26.40 EPS 2000 N/A $1.64 N/A N/A
52 Wk Ra: $35 - 18 EPS 2001 $1.62E $1.62E $1.66E 16.3
Mkt Cap: $15.5B EPS 2002 $1.85E $1.85E $1.93E 14.3
FY: 11/30 Price Target N/A N/A
Rank 3 3
*The current economic overhang coupled with an aggressive capacity build-out
for at least the next 3 years leads us to maintain our
cautious outlook on the industry as a whole.
*CCL reports 2Q01 EPS on Thurs 6/21. Our EPS est of $0.30 vs $0.32 (in line
with the street) assumes a net yield increase of 3%.
Given anecdotes of pricing weakness in the Caribbean, Alaska and Europe, we
believe that our net yield outlook is too high and thus
our cruise revenue est of $1.08bn (vs $845.3MM) is at risk. CCL could meet
our EPS est, though, given lwr op exp per PPCD,
SG&A or interest expense.
*While CCL's 10.5% retreat from its recent high of $30 seems to imply that a
2Q disappointment is factored into the stock, we
maintain that further downward net yield revisions could cause the shares to
trade closer to their July 2000 levels implying a stock
price of $22.

CVS Corp(CVS) 1 - Strong Buy M. Adler, .212.526.7146
Strong Overreaction = Buying Opportunity
OLD NEW STREET P/E
Price: $47.55 EPS 2000 N/A $1.80 N/A N/A
52 Wk Ra: $64 - 33 EPS 2001 $2.10E $2.10E $2.10E 22.6
Mkt Cap: $19.5B EPS 2002 $2.45E $2.45E $2.42E 19.4
FY: 12/31 Price Target $66 $66
Rank 1 1
*Friday, a sell-side competitor downgraded and lowered estimates on CVS
based on a survey his team conducted. This survey was
conducted to attempt to further explain the recent deceleration in pharmacy
comps that began in March and concluded that shortage
of pharmacy staff and the EPIC pharmacy system were to blame.
*CVS countered these conclusions and stated the weaker flu and allergy
seasons, the lack of blockbuster drugs introduced, and the loss
of a managed care contract all contributed to decelerating pharmacy sales
*While we acknowledge that CVS is experiencing a labor shortage in a number
of its markets, we do not believe this is a new
phenomenon. This is an industry-wide issue that all drug stores are and will
continue to experience into the future.
*The stock is down tremendously as a result of the downgrade. We believe
this is an over reaction and view this as a buying
opportunity. We reiterate our 1-Strong Buy and maintain our estimates of
$0.52 for 2Q01 and $2.10 for FY01.

David C. Morris
Sr. VP Lehman Brothers
713-652-7112/800-227-4537
dcmorris@lehman.com

Disclosure Legend: A-Lehman Brothers Inc. managed or co-managed within the
past three years a public offering of securities for this company. B-An
employee of Lehman Brothers Inc. is a director of this company. C-Lehman
Brothers Inc. makes a market in the securities of this company. G-The
Lehman Brothers analyst who covers this company also has position in its
securities.
Key to Investment Rankings: This is a guide to expected total return (price
performance plus dividend) relative to the total return of the stock's local
market over the next 12 months. 1 = Strong Buy (expected to outperform the
market by 15 or more percentage points); 2=Buy (expected to outperform
the market by 5-15 percentage points); 3=Market Perform (expected to perform
in line with the market, plus or minus 5 percentage points); 4=Market
Underperform (expected to underperform the market by 5-15 percentage
points); 5=Sell (expected to underperform the market by 15 or more
percentage
points).
This document is for information purposes only. We do not represent that
this information is complete or accurate. All opinions are subject to
change.
The securities mentioned may not be eligible for sale in some states or
countries. This document has been prepared by Lehman Brothers Inc., Member
SIPC, on behalf of Lehman Brothers International (Europe), which is
regulated by the SFA. ?Lehman Brothers, Inc.

------------------------------------------------------------------------------
This message is intended only for the personal and confidential use of the designated recipient(s) named above.  If you are not the intended recipient of this message you are hereby notified that any review, dissemination, distribution or copying of this message is strictly prohibited.  This communication is for information purposes only and should not be regarded as an offer to sell or as a solicitation of an offer to buy any financial product, an official confirmation of any transaction, or as an official statement of Lehman Brothers.  Email transmission cannot be guaranteed to be secure or error-free.  Therefore, we do not represent that this information is complete or accurate and it should not be relied upon as such.  All information is subject to change without notice.

 - MF June 18th 2001.pdf


---------------------- Forwarded by Jeff Dasovich/SFO/EES on 09/09/2000 02:33
PM ---------------------------

Jeff Dasovich
09/08/2000 01:03 PM
To: skean@enron.com, Richard Shapiro/HOU/EES@EES, James D
Steffes/HOU/EES@EES, Mary Hain/HOU/ECT@ECT, Joe Hartsoe/Corp/Enron@ENRON,
Sarah Novosel/Corp/Enron@ENRON, Christi L Nicolay/HOU/ECT@ECT,
Sandra_McCubbin@ees.enron.com, Paul Kaufman/PDX/ECT@ECT, Susan J
Mara/SFO/EES@EES, Mona L Petrochko/SFO/EES@EES, Harry Kingerski/HOU/EES@EES,
Maureen McVicker/NA/Enron@Enron, Elizabeth Linnell/NA/Enron@Enron, Cynthia
Sandherr/Corp/Enron@ENRON
cc:
Subject: DRAFT message points for FERC hearing in San Diego

Attached are the draft message points.  As always, all comments, suggestions,
etc. are encouraged and welcome.  I have five minutes.  Consequently, based
on what other panelists say, and general tenor of the hearing, may end up
emphasizing some points more and others less in opening, and use any Q & A to
round things out.  Joe/Mary:  any final word on format/participants?  Thanks.

Best,
Jeff


ThinkBank went live with a bang last Friday!  The Idea Vault already has more
than 20 innovative entries, and the eThink team has been busy routing these
ideas to the right people.

There are ideas about everything from new trading opportunities to hot air
balloons.  Visit the ThinkBank today.  Got an idea?  Make a deposit.  Need
some help?  Make a withdrawal.

eMeet has a brand-new look.  Have you seen it yet?  We took your feedback --
thanks for posting it right there in eMeet -- and created a more dynamic and
informative site for you.  Check it out.  Go to eMeet now!

Don't miss Cindy Olson's eSpeak this Thursday, November 3 at 10:00 am Houston
time.  Cindy, executive vice president of Human Resources & Community Affairs
will be answering your questions about the new Enron employee stock option
program.
And, if you can't make the live event (all together now), be sure to
pre-submit your question(s) on the eSpeak site!

You know you have the stuff to increase Enron's competitive advantage.  Put
it in the Edge today.


Tana - many thanks.

Imelda - all makes sense to me.

Justin

From: Tana Jones on 05/12/2000 10:46 CST
To: Imelda Frayre/LON/ECT@ECT
cc: Justin Boyd/LON/ECT@ECT, Lisa Lees/HOU/ECT@ECT, Stephanie
Sever/HOU/ECT@ECT

Subject: Re: New Counterparty - President & Fellows of Harvard College

Per email from Leslie Hansen, one of our power attorneys, counterparty cannot
transact US physical power.  On the financial side, we just got an ISDA
Master Agreement in place with this Counterparty, so they should be ok for
all financial (except Credit Derivatives (bankruptcy swaps)).  We will only
consider those on a case by case basis.  Per Sara Shackleton, an attorney in
the Swap Group, there is nothing about this counterparty that would require
any special reps and counterparty should not in any way be considered a
"governmental".  No Argentina gas for any non-Argentina counterparties.  All
other US products appear to be OK.

----- Forwarded by Tana Jones/HOU/ECT on 12/05/2000 09:46 AM -----

	Leslie Hansen
	11/30/2000 12:49 PM

		 To: Tana Jones/HOU/ECT@ECT, Imelda Frayre/LON/ECT@ECT
		 cc:
		 Subject: Re: New Counterparty - President & Fellows of Harvard College

Tana:

This CP is not authorized to trade physical US power products.  I will leave
it to you to determine if it should be granted access to any other
commodities.

Leslie
----- Forwarded by Leslie Hansen/HOU/ECT on 11/30/2000 12:48 PM -----

	Imelda Frayre
	11/21/2000 06:57 AM

		 To: Leslie Hansen/HOU/ECT@ECT
		 cc:
		 Subject: Re: New Counterparty - President & Fellows of Harvard College

Just forwarding this to you per Justin Boyd's request.  The CP above is
applying for trade access on EnronOnline.  Please let me know if you have any
comments.

Imelda Frayre
---------------------- Forwarded by Imelda Frayre/LON/ECT on 21/11/2000 12:59
---------------------------

Justin Boyd
21/11/2000 09:38
To: Imelda Frayre/LON/ECT@ECT
cc:

Subject: Re: New Counterparty - President & Fellows of Harvard College

Imelda

You will need to ask the US group whether this gives rise to any
issues....ask Leslie Hansen

Thanks.
Justin

To: Justin Boyd/LON/ECT@ECT, ECT London Credit, Enron Europe Global
CounterParty
cc: Enron London - EOL Product Control Group/LON/ECT@ECT, EOL Marketing
Europe@ECT, Lindsay F Edmonds/EU/Enron@Enron, Hamish M Scutt/EU/Enron@Enron,
Diana Higgins/LON/ECT@ECT, Alan Jamieson/EU/Enron@Enron, Britta
Dinnendahl/LON/ECT@ECT, Alex Heath/LON/ECT@ECT, Robert Brewis/LON/ECT@ECT,
Chris Shapland/LON/ECT@ECT

Subject: New Counterparty - President & Fellows of Harvard College

Hi

We've received a PA registration form from President & Fellows of Harvard
College  for EnronOnline.  I've entered the customer details in the customer
database (s:/access database).  Please review and confirm via return e-mail
once approval is completed.  Attached is the PA registration form for your
review.

Regards

Imelda Frayre

---------------------- Forwarded by Imelda Frayre/LON/ECT on 21/11/2000 07:53
---------------------------

London Fax System
20/11/2000 22:07
To: Enron London - EOL Product Control Group/LON/ECT@ECT
cc:

Subject: New fax received (Likely sender: 713 646 8511).

You have received a new fax from 713 646 8511

The image contains 3 page(s).


Herman Moore 31
Graham  11
Thrash   1
Mason   0


We are proud to announce that Enron will partner with Knowledge Beginnings,
one of the leaders in the childcare industry, to provide high quality,
conveniently located, customer service-oriented childcare for Enron employees
in Houston.  Knowledge Beginnings is a part of the Knowledge Universe
Company, a family of companies focused on lifelong learning.

Our childcare center will be located on Louisiana Street across from our
corporate headquarters.  The anticipated opening date is the fall of 2001.
Any full-time or part-time Enron employee who will have a child/children
between the ages of six weeks and four years by the opening date of the
center will be eligible to utilize the center.

Please review the attachment to learn more about Enron,s onsite childcare
center.  We are in the process of building a web page dedicated to this
important project and hope that it will provide you with frequent updates and
answers to any future questions you may have.  Watch your email for our
launch date!  We are excited about this new venture and look forward to the
center,s opening.


Please tell me that this isn't the morale booster.

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 04/17/2001 05:10
PM ---------------------------

Becky Spencer@ECT
04/17/2001 04:58 PM
To: Alan Aronowitz/HOU/ECT@ECT, Peggy Banczak/HOU/ECT@ECT, Sandi M
Braband/HOU/ECT@ECT, Teresa G Bushman/HOU/ECT@ECT, Michelle Cash/HOU/ECT@ECT,
Harry M Collins/HOU/ECT@ECT, Peter del Vecchio/HOU/ECT@ECT, Stacy E
Dickson/HOU/ECT@ECT, Shawna Flynn/HOU/ECT@ECT, Barbara N Gray/HOU/ECT@ECT,
Wayne Gresham/HOU/ECT@ECT, Mark E Haedicke/HOU/ECT@ECT, Leslie
Hansen/HOU/ECT@ECT, Dan J Hyvl/HOU/ECT@ECT, Anne C Koehler/HOU/ECT@ECT, Dan
Lyons/HOU/ECT@ECT, Travis McCullough/HOU/ECT@ECT, Lisa
Mellencamp/HOU/ECT@ECT, Janet H Moore/HOU/ECT@ECT, Janice R
Moore/HOU/ECT@ECT, Julia Murray/HOU/ECT@ECT, Gerald Nemec/HOU/ECT@ECT, David
Portz/HOU/ECT@ECT, Michael A Robison/HOU/ECT@ECT, Elizabeth
Sager/HOU/ECT@ECT, Richard B Sanders/HOU/ECT@ECT, Lance
Schuler-Legal/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, Carol St
Clair/HOU/ECT@ECT, Lou Stoler/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Sheila
Tweed/HOU/ECT@ECT, Steve Van Hooser/HOU/ECT@ECT, Ann Elizabeth
White/HOU/ECT@ECT, Stuart Zisman/HOU/ECT@ECT, Barton Clark/HOU/ECT@ECT, Bob
Carter/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, James
Grace/Corp/Enron@ENRON, Kay Mann/Corp/Enron@Enron, John
Viverito/Corp/Enron@Enron, Michelle Blaine/ENRON@enronXgate, Gail
Brownfeld/ENRON@enronXgate, Robert Bruce/NA/Enron@Enron, Dominic
Carolan/Enron@EnronXGate, Mary Cook/HOU/ECT@ECT, Nancy
Corbet/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt, Ned E
Crady/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Eddy Daniels/NA/Enron@Enron,
Angela Davis/NA/Enron@Enron, Andrew Edison/NA/Enron@Enron, Roseann
Engeldorf/Enron@EnronXGate, Robert H George/NA/Enron@Enron, Mark
Greenberg/NA/Enron@ENRON, Brent Hendry/NA/Enron@Enron, Cheryl
Nelson/NA/Enron@Enron, Marcus Nettelton/NA/Enron@ENRON, Francisco Pinto
Leite/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mark Powell/CAL/ECT@ECT, Coralina
Rivera/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Daniel R
Rogers/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Frank
Sayre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Carlos Sole/NA/Enron@Enron, Randy
Young/NA/Enron@Enron, Susan Bailey/HOU/ECT@ECT, Kimberlee A
Bennick/HOU/ECT@ECT, Genia FitzGerald/HOU/ECT@ECT, Nony Flores/HOU/ECT@ECT,
Linda R Guinn/HOU/ECT@ECT, Ed B Hearn III/HOU/ECT@ECT, Mary J
Heinitz/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Deb Korkmas/HOU/ECT@ECT, Matt
Maxwell/Corp/Enron@ENRON, Laurie Mayer/HOU/ECT@ECT, Mary Ogden/HOU/ECT@ECT,
Debra Perlingiere/HOU/ECT@ECT, Robert Walker/HOU/ECT@ECT, Kay
Young/HOU/ECT@ECT, Merrill W Haas/HOU/ECT@ECT, Samantha Boyd/NA/Enron@Enron,
Martha Braddy/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt, Sarah
Bruck/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt, Kathleen Carnahan/NA/Enron@Enron,
Diane Goode/NA/Enron@Enron, Stephanie Panus/NA/Enron@Enron, Kaye
Ellis/HOU/ECT@ECT, Twanda Sweet/HOU/ECT@ECT, Brenda Whitehead/HOU/ECT@ECT,
Linda J Simmons/HOU/ECT@ECT, Dina Snow/Corp/Enron@Enron, Janette
Elbertson/HOU/ECT@ECT, Carolyn George/Corp/Enron@ENRON, Suzanne
Adams/HOU/ECT@ECT, Taffy Milligan/HOU/ECT@ECT, Connie
Castillo/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Margaret
Doucette/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Keegan Farrell/NA/Enron@Enron,
Esmeralda Gonzalez/ENRON@enronXgate, Vanessa Griffin/ENRON@enronXgate, Holly
Keiser/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, MaryHelen
Martinez/NA/Enron@Enron, Becky Spencer/HOU/ECT@ECT, Stephanie
Truss/Enron@EnronXGate, Martha Keesler/ENRON@enronXgate, Theresa
Zucha/NA/Enron@Enron
cc:

Subject: Happy Hour Invitation


Due to a last minute conflict in Maria's schedule the Global Settlement meeting which is scheduled for Thursday, Nov. 1 has been cancelled.  Please adjust your calendars.  Thanks.

Lorraine


I am arriving early to attend a meeting with our copywriters at 11am - please
feel free to attend

Its with David MIckleberg (212 468 3038) at DMBB Advertising, 7th Floor, 1675
Broadway (between 52nd and 53rd St) at 11am.

Following this we move to Sullivan & Cromwell at 14:00.  We (myself and Dave)
are scheduled to return to Houston on the 19:45 CO1927 from La Guardia.

Please give me a ring - I have a Skilling Business Review this morning which
should be over mid afternoon - but I'll ring you at 8:15 your time (just in
case your email is still not working).

L


(See attached file: HPLN0403.xls)

 - HPLN0403.xls


---------------------- Forwarded by Veronica Valdez/HOU/ECT on 02/11/2000
04:06 PM ---------------------------

Ted Murphy
02/11/2000 04:06 PM
Sent by: Veronica Valdez
To: Rick Buy/HOU/ECT@ECT, Richard Causey/Corp/Enron@ENRON
cc:
Subject: Review of Business Unit Internal Controls

Attached is a document that I am not sure is entirely necessary; however,
depending on the response will indicate the need for implementation.


Best wishes.  I enjoyed working with you.  Hope you stay in touch.

Marc

-----Original Message-----
From: Mary.Hain@enron.com [mailto:Mary.Hain@enron.com]
Sent: Friday, March 23, 2001 10:24 AM
To: David_Aamodt@pgn.com; dapnucc@teleport.com; dick@pnucc.org;
seabron.adamson@frontier-economics.com; Frank_Afranji@pgn.com;
raa@vnf.com; Joseph.Alamo@enron.com; ajaldrich@snopud.com;
Jeff.Alexander@enron.com; Al.Alexanderson@enron.com;
Keonee.Almaida@enron.com; hollis.alpert@ferc.fed.us;
Brenda.Anderson@enron.com; angles@howry.com; Alan.B.Aronowitz@enron.com;
gdb@vnf.com; npbaker@bpa.gov; ellen@tca-us.com; paulb@citizenspower.com;
paulb@citizenspower.com; garybarbour@email.msn.com;
jbartus@cammckenna.com; glynda.becker@mail.house.gov;
Samuel.Behrends@enron.com; bbennett@bpa.gov; sberman@hewm.com;
ramsen.betfarhad@mail.house.gov; KBILAS@SKADDEN.COM; sbooye@Skadden.com;
raymond.r.boyce@state.or.us; tbradley@bracepatt.com;
scott.brattebo@pacificorp.com; sbrose@steptoe.com;
sbuchheit@bracepatt.com; alanb@wutc.wa.gov;
AddressListTooLong-Suppressed
Subject: I'm Leaving Enron
I am going to be the Senior Regulatory Counsel at ISO New England starting
on April 9, 2001.   My last day in the Portland area will be March 31,
2001.  I enjoyed working with you and wish you the best of everything.  My
new address will be:

Mary Hain
Senior Regulatory Counsel
ISO New England Inc.
One Sullivan Road
Holyoke, MA  01040-2841
(413) 535-4000
mhain@ISO-NE.com


Please replace the other deal team list as there were several mistakes on the
last one sent out.  Thanks, Sarah


Here is an action item list for the Duke LNG dispute.

Items          Responsible

1.   Interview Witnesses        Sanders/Rivera

      a.  Rebecca McDonald
      b.  Wayne Perry
      c.  Transportation Witness
      d.  Curve Witness

2.   Send letter requesting information re economic hardship   Rivera

3.   Select arbitrator        Sanders/Rivera

       a.  Research regarding Mike Beatty      Rivera

4.    Compile documents/data for exchange of information
Sanders/Hodge/Boyt

5.   Confidentiality agreement for loss of supply information   Sanders

6.   Response to all outstanding correspondence from Duke's attorneys  Rivera


fyi...

-----Original Message-----
From: navigator@nisource.com [mailto:navigator@nisource.com]
Sent: Thursday, October 18, 2001 9:04 AM
To: navigator@nisource.com
Subject: LINE SM-123

                      COLUMBIA GAS TRANSMISSION CORPORATION
                        NOTICE TO ALL INTERESTED PARTIES
                                OCTOBER 18, 2001

Notice ID: 3193
5 - NO RESPONSE REQUIRED

NOTE:  The following is being provided by Columbia as notice to all of its
shippers of potential outages or reductions in available capacity in the
identified portions of the system due to construction activities, routine
maintenance, modifications, tests or repairs undertaken to protect the
integrity and performance capability of its storage and transmission
facilities.  The information provided below is subject to change for numerous
reasons, including but not limited to, third-party controlled events and
decisions, weather, work schedules, equipment availability, force majeure
events, etc.  Thus, while Columbia is willing to provide this notice and update
it periodically as necessary, Columbia is unable to represent and warrant that
the specific activities will occur, or that they will occur on or near the
specified dates.

SUBJECT:   LINE SM-123

Columbia anticipates that between October 25th and October 27th, Line SM-123
will be taken out of service due to long-wall mining activity.  Columbia
estimates the line to be out of service for twenty-one (21) days.  The start
date and duration of the outage is contingent upon the actual timing and
progress of the long-wall mining activity.  Given the level of firm commitments
in this area, Columbia believes that there will be no available capacity for
interruptible transportation.

The following receipt points will be affected:

   Equitable Gas:    Beaver Creek      (H1)
                     Hi Hat            (F3)

   CNR Pipeline:     Boldman           (CNR02)
                     Conoway           (CNR03)
                     Johns Creek       (CNR08)
                     Canada            (CNR09)
                     Canada            (CNR10)
                     Stafford          (CNR11)
                     Thacker/Majestic  (CNR12)
                     Briar Mtn.        (CNR13)
                     Huff Creek        (CNR14)

   Conoco:           Grant             (P1)

The same is true with respect to any Appalachian production flowing directly
into Columbia's Line KA between Columbia's Boldman Compressor Station and
Columbia's Huff Creek Compressor Station as well as production flowing into
Columbia's Lines SM-116, KA-15, PM-3 and PM-17.

If you have any questions, feel free to contact your Customer Services Team.


Good morning.  Do you guys have access to these ECTRIC ISDAs below?

Thanks,
Diane

 -----Original Message-----
From: 	Latham, Jenny
Sent:	Thursday, December 13, 2001 9:28 AM
To:	Hunter, Larry Joe; Anderson, Diane
Cc:	Shivers, Lynn
Subject:	ISDA'S for London
Importance:	High

Joe/Diane,

We urgently need to receive copies of the ISDA's for the following counterparties (with ECTRIC):

Paul Hartmann AG
Sodra Skogsagama Ek

Please let me know when you will be able to send these to me.  We are very minimally staffed over here (as I'm sure you are as well) and really need your assistance.  Thanks.  Jenny.


Dan,

Here is the Burlington base contract.

 - gisblt.doc


I sold 30,000 for the balance of the month starting tomorrow to CES
(Aristech) at CGLF/Mainline (deal 210987).

Who schedules this gas?


Start Date: 1/30/02; HourAhead hour: 20;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002013020.txt


Am faxing you the presentation right now.  jeff


---------------------- Forwarded by Dan Junek/HOU/ECT on 12/23/99 01:30 PM
---------------------------

pdrexel@columbiaenergygroup.com on 12/23/99 12:33:16 PM
To: Dan Junek/HOU/ECT@ECT, "        -         *germany, Chris"
<BLOCK@columbiaenergygroup.com>
cc:
Subject: REVISED - January 2000 Tennessee deliveries to WKY

---------------------- Forwarded by Paul Drexelius/CES/ColumbiaGas on 12/23/99
12:39 PM ---------------------------

Marianne Stiles
12/23/99 12:11 PM

To: Karen Bobb/CES/ColumbiaGas@ColumbiaGas
cc: Noel Bartlo/CES/ColumbiaGas@ColumbiaGas, Paul
Drexelius/CES/ColumbiaGas@ColumbiaGas, Joanne
Swogger/CES/ColumbiaGas@ColumbiaGas, Nancy Diel/CES/ColumbiaGas@ColumbiaGas,
Phil Villagomez/CES/ColumbiaGas@ColumbiaGas
Subject: REVISED - January 2000 Tennessee deliveries to WKY

Please note in red the revised volumes
---------------------- Forwarded by Marianne Stiles/CES/ColumbiaGas on
12/23/99
01:10 PM ---------------------------

Marianne Stiles
12/23/99 11:05 AM

To: Karen Bobb/CES/ColumbiaGas@ColumbiaGas
cc: Phil Villagomez/CES/ColumbiaGas@ColumbiaGas, Noel
Bartlo/CES/ColumbiaGas@ColumbiaGas, Paul
Drexelius/CES/ColumbiaGas@ColumbiaGas,
Joanne Swogger/CES/ColumbiaGas@ColumbiaGas, Nancy
Diel/CES/ColumbiaGas@ColumbiaGas
Subject: January 2000 Tennessee deliveries to WKY

Per the sales reps and GMS I will need the following:

100 dth per day to meter # 020030
596 dth per day to meter # 020028

I will receive a final number for these next week but this is an estimate.
(should not be that far off).


sounds good


Rick,

FYI

Vince


>
>
> The following is an aerial photo of the WTC area.  It kinda brings on
> vertigo, but is a phenomenal shot.
>
> http://userwww.service.emory.edu/~rdgarr/WTC.htm


Just to add to Tim's note - I suggest that the number of overlap issues would be few and far between and can be resolved at the operating level.  I think ENA can offer up representatives from each region that have an open line of communication with the appropriate EES people.  If ENA and EES provided each other with a short list of contacts there should be no need to deal with this at the OTC level.  For example, Chris Foster (ENA West Power Mid Market) would direct  questions/opportunities to EES and field calls from EES people looking at deals in the western power market.

ENA Interface List:

Power:
West:  Foster
Midwest: Baughman
East: Pagan
Texas: Sukaly

Gas:
West: Tycholiz
Midwest: Luce
East: Vickers
Texas: Martin

Dave knows all of these people and I believe that they do things in the best interest of "One-Enron".

Regards,

Chris
---------------------- Forwarded by Christopher F Calger/PDX/ECT on 03/25/2001 01:18 PM ---------------------------

	  From:  Tim Belden                           03/21/2001 07:05 AM

To:	Louise Kitchen/HOU/ECT@ECT
cc:	Chris H Foster/HOU/ECT@ECT, Christopher F Calger/PDX/ECT@ECT
Subject:	EES/EPMI Split

i heard dave's voicemail.  i appreciate his concern.  however, i don't think that the delineation is easy to do.  i am confident that my team knows what we are good at and what we aren't good at.  if we aren't best suited to serve the load, we will act like "one enron" and send the account over to the them.  the split should really be driven by the customer's needs and which utility they are behind.  for example, montana power has a wonderful balancing tariff where the utility looks at the scheduled volume and compares it to the actual volumes and settles directly with the customer for imbalances.  we don't do any metering, we don't do any unique billing, the loads range anywhere from 1 MW to 25 MW.  ena is definitely best suited to serve these industrials because commodity price is their top interest.  the pugest system is about to open up with a structure that is similar to montana's.  ena will be very well positioned to serve this load.  the same company could have a plant in california.  we wouldn't serve that load because the expertise needed to manage the ctc risk (before this thing blew up anyway), the challenge of metering and tracking metered volumes on a schedule vs. actual basis, and the load forecasting.  the same company could also own gas stations in the west.  we have no interest in serving gas stations.

i also heard the message attached to dave's from scott dann (sp?).  his message did little to open communication between groups.  he provided no details on what the issue was in the west with respect to epmi (ena) and ees.  for us to do this right, ees and ena need to be able to solve problems without involving the office of the chair of each company.  i would be happy to work with anyone from ees to resolve who should be covering which accounts.

i still can't think of a clean way to divide customers.  each approach has its problems.  each company (ees and ena) has its strengths.  our strength is commodity pricing and delivering a mw to anywhere on the western grid.  their strength is in tariff analysis, energy management, and aggregating loads.

for the west, i am confident that chris calger and i can sort out any disputes with ees that are reasonable.  we know what we are good at.  we have a proven track record with a large number of industrials in the west.  i still believe that our customers and shareholders are best served with our favored approach.  it will require better communication on the operating level between ees and ena.


All,

Please plan to attend the project status meeting for the ERMT database migration to Oracle 8i, scheduled for July 14.  If you're unable to attend, please send a representative on your behalf.

Thanks & regards,

Karima Husain
Project Manager, TAGG/ERMS
(713) 345-7252


The attached brochure is pretty good reference material for the project.
I've asked these guys to freshen up the status.

---------------------- Forwarded by Jeffery Fawcett/ET&S/Enron on 10/11/2000
08:47 AM ---------------------------

"George Briden" <gbriden.snakehill@worldnet.att.net> on 10/11/2000 07:22:02 AM
To: "Jeff Fawcett" <Jeffery.Fawcett@enron.com>
cc: "Tim Prenger" <tcprenger@aol.com>

Subject: Fw: Transwestern

Jeff;
Let us know if you require anything further on this subject.
GB

----- Original Message -----
From: <TCPrenger@aol.com>
To: <gbriden.snakehill@worldnet.att.net>
Sent: Friday, October 06, 2000 4:04 PM
Subject: Re: Transwestern

> George,
>
> The latest EIS Newsletter with schedule dates is attached and can be
> forwarded to Transwestern. It contains general information about the EIS
> process and status along with the schedule.
>
> Tim
>

 - 8-00news.pdf


FYI
---------------------- Forwarded by Mark - ECT Legal Taylor/HOU/ECT on
03/12/99 09:29 AM ---------------------------

Paul Simons
03/12/99 08:53 AM
To: ECT London European Trading
cc:
Subject: Weather Derivatives: European Legal Due Diligence

FYI - bon weekend!
---------------------- Forwarded by Paul Simons/LON/ECT on 03/12/99 02:54 PM
---------------------------

Paul Simons
03/12/99 12:08 PM
To: Nick Mooney/LON/ECT@ECT
cc:
Subject: Weather Derivatives: European Legal Due Diligence

As requested, a thumb-nail sketch of the above. As you will see, the sky is
generally blue , but follow up work will be required in one or two countries
before we can give the all-clear.

Executive Summary

Generally, only the Czech Republic, Poland, the Netherlands (options and
swaptions only) and Spain (options only) are countries/transaction types in
respect of which we cannot begin marketing and trading now.

In Germany, Hungary, Italy, Norway, Sweden and the UK, the marketing and
trading of ALL weather derivatives products can commence immediately.

In France, the marketing and trading of ALL weather products can begin when
we receive acceptance from SFA of our French passport application (in the
next few weeks).

The marketing of, and trading in, Dutch weather swaps and Spanish swaps and
swaptions can commence immediately.
------------------------------------------------------------------------------
------------------------------------------------------------------------------
----------------------------------
The following questions are addressed in the case of each country

1. are weather derivatives regulated ( eg marketing restrictions/
licence/capital requirements etc)?
2.  could they be construed to be unauthorised insurance contracts?
3.  could they be construed to be gaming contracts?

Czech Republic  ---  1.  Totally unregulated
                                               2.  Possibly, yes (especially
options) with criminal consequences if unauthorised
                                               3.  Unlikely if transacted for
commercial purpose

France  ---  1.  Regulated in the same way as commodity derivatives (ISD
passport available to EEFT)
                        2.  Unlikely
                        3.  No

Germany ---  1. Totally unregulated
                            2.  Not insurance contracts
                            3.  Carve out from gaming law possibly not
available, but no problem if in good faith believe c'party is hedging
(English law may improve analysis)

Hungary  ---  1.  Totally unregulated
                         2.  Highly unlikely (if individually negotiated)
                         3.  Highly unlikely

Italy  ---  1.  Totally unregulated
                  2.  No
                  3.  Probably not if transacted for commercial reason

Netherlands  ---  1.  Same as commodity derivatives, but capital requirements
may apply to options and swaptions (we are checking this)
                                       2.  Unlikely
                                       3.  Unlikely if transacted for a valid
commercial purpose (but we will clarify in light of possible criminal
sanctions)

Norway  ---  1. Totally unregulated
                          2.  Probably not insurance contracts, but may be
prudent to check with Banking Securities and Insurance Commission
                          3.  No problem if in good faith believe c'party is
transacting for sound financial/commercial reason

Poland  ---   1.  No specific requirements now (eg under the Energy law)
                          2.  Unlikely, but unclear: need to check with
Minister of Finance (English law would not help) -  up to 2 yrs' imprisonment
for breaches
                          3.  Unlikely if transacted for commercial reasons,
but need to check with  Minister of Finance (risk of 3 yrs' imprisonment and
loss of power licence)

Spain  ---  1.  Totally unregulated if OTC
                      2.  Swaps and swaptions, no. Options, unclear (risk
higher if a premium is payable and contract a hedge). Result: options may be
void
                      3.  No problem if one party transacts for valid
commercial purpose

Sweden  ---  1.  Regulated in the same way as commodity derivatives
                            2.  No
                            3.  No

United Kingdom  ---  1. Regulated by SFA (must be transacted through EEFT etc)
                                             2.  No
                                             3.  No, provided one part
transacts by way of business (Enron will).

Let's discuss this note before we distribute it more widely (including any
comments you may have).

Paul


Heard from Lawrence this morning who said AB 60x (Hertzberg) is likely to be
heard in the Senate Energy Committee on Tuesday next week.  He said the
committee at this time is fairly neutral on the bill since he doesn't see
that it does anything.  He understands our problems with the bill, but
suggested we may want to recommend a solution.  IEP will be meeting with him
this afternoon to give him the problem at the 50,000 foot level.  Individual
companies may want to give him the specifics.

Where are we with our meetings with members of the committee?

IEP met with Kip in Sher's office who was noncommittal, but agreed with our
arguments against the bill. IEP's meeting with Alarcon was cancelled.  We
are trying to reschedule.  Since this is a special session bill, Dunn and
Poochigian will be voting on the bill.

Julee Malinowski-Ball
Senior Associate
Edson + Modisette
916-552-7070
FAX-552-7075
jmball@ns.net


I'm suggesting that we make progress on it before we agree to a CEO summit

	Nate Ellis@EES
	03/02/2001 02:01 PM

		 To: Steven J Kean/NA/Enron@ENRON
		 cc:
		 Subject: RE: Dates for Emerson Meeting

Agreed.  It's great that these guys want to sell us product, but what's in it
for Enron?  I'm already pushing that point with Emerson and will continue to
do so.  I definitely want to bring it up at the CEO summit.

Thanks for your input, Steve.

Nate

From: Steven J Kean@ENRON on 03/02/2001 01:16 PM
To: Nate Ellis/HOU/EES@EES
cc:
Subject: RE: Dates for Emerson Meeting

I think I can recommend that the time be set aside, but it would be helpful
if we pointed out to Emerson that it must be clear that there is a clear
opportunity for Enron before we schedule the meeting.  Maybe you could use
this to get some progress on a bundled outsource deal.

	Nate Ellis@EES
	02/28/2001 03:05 PM

		 To: Marty Sunde/HOU/EES@EES, Jeremy Blachman/HOU/EES@EES, Michael
Mann/HOU/EES@EES, Troy Henry/HOU/EES@EES
		 cc: Martin Wenzel/SFO/HOU/EES@EES, Micah Hatten/HOU/EES@EES, Joannie
Williamson/Corp/Enron@ENRON, Sherri Sera/Corp/Enron@ENRON, Steven J
Kean/NA/Enron@Enron
		 Subject: RE: Dates for Emerson Meeting

Gentlemen:

Situation:

Emerson is aggressively seeking at least a three hour time slot for a meeting
with Jeff Skilling in April or May 2001.  Mr. Skilling's office is hesitant
to allocate more than two hours without your recommendation.  Emerson is
being persistent.

The key players from Emerson are David Farr, newly appointed CEO, and James
Berges, President and effectively the leader of Emerson's strategic
development effort.  It is anticipated that both would attend the meeting.

Emerson execs want to (i) get to know Mr. Skilling and other senior
management, (ii) discuss mutual business opportunities, and (iii) hold a
discussion about the transformation of Enron from a pipeline company to its
current form.  The last point has to do with Emerson's continuing
self-transformation effort and how Enron achieved its transformation.

I need your advice and recommendation.  Please respond by e-mail or telephone
(x5-4040).

Background:

Emerson initiated this latest round of contact with Enron in November 2000,
when Mike Train and Mark Proudfoot, both Emerson VPs of Corporate
Development, visited the Enron building hosted by Steve Kean.  I met them at
that time.

Since that initial meeting, Emerson has aggressively pursued a business joint
venture as preferred supplier with Martin Wenzel and the distributed power
business, I believe with promising results.  My sense is that Emerson is
uniquely positioned as EES' partner in that business.  I am waiting to
receive an update from Martin.

Emerson is also interested in becoming a preferred supplier for EES's DSM
business.  While we generally support that idea, we are pressing Emerson to
reciprocate by becoming a customer of our bundled outsource business.
Emerson is highly decentralized, and our efforts to date have been
unsuccessful.

I want to use the meeting as an opportunity to press Emerson to consider a
proposal from EES's bundled outsource business.

Please let me know your recommendation on this matter.

Thanks,

Nate

---------------------- Forwarded by Nate Ellis/HOU/EES on 02/28/2001 02:21 PM
---------------------------

"Train, Mike [CORP/STL]" <Mike.Train@emrsn.com> on 02/27/2001 08:51:23 PM
To: "'Nate Ellis'" <nellis2@enron.com>
cc:
Subject: RE: Dates

Nate,

Thanks for the note - - I have dropped some ideas to Thad to follow up on
during my absence from the office.

I am a little nervous about having only two hours - - is it possible to get
a larger block of time to get to know each other better and talk through
some of the mutual business opportunities?

Mike
(from Hong Kong)

-----Original Message-----
From: Nate Ellis [mailto:nellis2@enron.com]
Sent: Tuesday, February 27, 2001 6:16 PM
To: mike.train@emrsn.com
Subject: Dates

---------------------- Forwarded by Nate Ellis/HOU/EES on 02/27/2001 06:14
PM
---------------------------

Nate Ellis
02/26/2001 04:28 PM

To:   thad.ewald@emrsn.com
cc:
Subject:  Dates

Skilling's calendar is amazingly full!  Let's shoot for one of the
following.
Let's schedule it ASAP.

March is unavailable for a two-hour meeting.

Monday, April 2nd:  12:00p to 2:00p

Tuesday, April 3rd: 9:00a to 11:00a

Wednesday, May 2nd: 10:00a to 12:00p or
                 1:00p to   3:00p

Thursday, May 3rd:         10:00a to 12:00p or
                1:00p to   3:00p

Call or e-mail when you have a suggestion.

Nate


mpakulsk@swbell.net


Football bets 200 each

Minn -9.5
Buff +2.5
Phil -7
Indi -4.5
Cinnci +7
Det +6
clev +16
Den +9.5
Dall +7.5
Jack +3.5


Start Date: 2/1/02; HourAhead hour: 17;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002020117.txt


Yeah, I'm still here.  Still trying to tie out the basis.  I'll let you
know.  I'm beginning to think I'll just tell them I haven't accomplished
anything and be done with it.  There's no chance I'll get promoted
anyway...my PRC rep doesn't even know I'm a girl.  In the email he sent
Gossett he kept saying summarize "his" accomplishments, and "his" strengths,
etc.  Goss thought it was hilarious.

I'll let you know how everything's going, or I'll call you when I leave.

RR


We will be having a group meeting on May 10th at 4 PM. We will be discussing
tagging, changing fundamentals, and group changes.  Pizza will be provided.
I would like to have these meetings on a monthly basis to stay on top of the
changing market and to keep everyone updated with changes on the floor.  If
you cannot make the meeting or have something in particular you would like
discussed, or have a preference in pizza, please let me know as soon as
possible.

Thanks,
Bill


Ken,

Attached is the agenda for Enron's upcoming Management Conference.  I've
received valuable input from numerous members of Enron's management team and
this is the result.  While it is quite a departure from the traditional
conference agenda, I think it will prove to be engaging and
thought-provoking.  I'll look forward to your input.

If you are comfortable with the agenda, I'd like to send a copy of it to the
Executive Committee accompanied by a memo from the Office of the Chairman
explaining the goals and objectives for the conference.  It is important that
senior management understand the change in format and their role, if any, on
the agenda.  (I recognize that some executives look forward to presenting at
this conference and their absence from the agenda may be an issue for them.)

I am working with some talented people to create a slide template for all
presenters.  We're also asking that all presenters use PowerPoint.  A
standardized template and format will ensure that all the presentations, even
those from external presenters, have a similar look and feel.   I'll run that
template by you as soon as it is finalized.

Please let me know if you have any questions, comments or concerns.


[IMAGE]	 	[IMAGE]	[IMAGE]

             [IMAGE] [IMAGE]   [IMAGE] [IMAGE] Upgrades  [IMAGE] DownGrades  [IMAGE] Coverage Initiated  [IMAGE] Stock Splits  [IMAGE] Buybacks  [IMAGE] Pos Pre-Announce  [IMAGE] Neg Pre-Announce  [IMAGE] Todays IPOs  [IMAGE] IPO - Quiet Periods   [IMAGE] IPO - Postponements  [IMAGE] IPO - Withdrawals  [IMAGE] IPO - Latest Pricing  [IMAGE] IPO - Lockup Period     [IMAGE]   [IMAGE]   [IMAGE]  [IMAGE]  [IMAGE] Unsubscribe  [IMAGE] Update my Membership / Profile  [IMAGE] Forgot Username / Password  [IMAGE] Add / Edit Alerts  [IMAGE] View My Alerts   [IMAGE] [IMAGE] [IMAGE] [IMAGE]   [IMAGE]  [IMAGE]    [IMAGE] [IMAGE] [IMAGE] 	  As requested, your News Alert for YHOO  follows from EquityAlert.com.     J.D. Power and Associates and Yahoo! Inc. Report: Travelers Strongly Prefer Federal Involvement in Airport Security Screening Process   AGOURA HILLS, Calif., Nov 19, 2001 (BUSINESS WIRE) -- As the busiest holiday travel period approaches, consumers are still planning to increase air travel. Last week's crash of Flight 587 did not dramatically reduce confidence in air travel, however, travelers want more federal involvement in security measures, according to the J.D. Power and Associates and Yahoo! Inc. (Nasdaq:YHOO) report released today.   Among those who have traveled within the last three months, 62 percent of air travelers say they are "already comfortable" with air travel. This same group reports the level of travelers reporting they will "never" be comfortable rose from 3 percent to 5 percent.   The report shows being "afraid to fly" is still the most often-cited reason for curtailing air travel plans, with nearly 50 percent of leisure travelers mentioning it as their number one reason. One-third of business travelers cited either economic conditions or company restrictions on air travel as their top reasons for not flying.   Travelers have a strong preference for federal involvement in the airport security screening process, according to the report.   "The highly publicized recent stories of security lapses have greatly reduced the public's opinion of private airport security companies," said Michael Taylor, director of travel services at J.D. Power and Associates. "The public also feels stronger that a search of checked baggage is necessary for airport security."   One thing that hasn't changed in the past month is the public's faith in technology to provide greater security. High-tech scanners and bomb "sniffers" top the list of items travelers would like to see in airports. A ban on restaurant cutlery and national ID cards have the least impact on how safe consumers feel.   "As for what can be done to increase in-flight security, armored cockpit doors would inspire as much confidence as sky marshals posted on random flights," said Taylor.   The percentage of people that feel air travel has "changed forever" is slowly dropping, while the percentage of people perceiving "no difference" increased from 8 percent to 12 percent. The Flight 587 tragedy did not affect the percentage of travelers who are still undecided about their comfort level in flying, which remained steady at one in five travelers.   The survey was conducted two months after the worst air catastrophes in the history of the United States, September 11, and one day after the crash of Flight 587. J.D. Power and Associates and Yahoo! collected data from more than 2,600 adult respondents. The public opinion poll was conducted among random visitors to Yahoo's Web site the week of November 12. More than 1,200 of the respondents reported having air travel experiences within the past three months.   Headquartered in Agoura Hills, Calif., J.D. Power and Associates is a global marketing information services firm operating in key business sectors including market research, forecasting, consulting, training and customer satisfaction. The firm's quality and satisfaction measurements are based on actual responses from millions of consumers annually. J.D. Power and Associates can be accessed through the Internet at www.jdpa.com. Media e-mail contact: jessica.smith@jdpa.com, or michael.greywitt@jdpa.com.   Yahoo! Inc. is a leading global Internet communications, commerce and media company that offers a comprehensive branded network of services to more than 210 million individuals each month worldwide. Yahoo! is the No. 1 Internet brand globally and reaches the largest audience worldwide. The company's global Web network includes 24 world properties. Yahoo! has offices in Europe, Asia, Latin America, Australia, Canada and the United States, and is headquartered in Sunnyvale, Calif.   This press release is provided for editorial use only. No advertising or other promotional use can be made of the information in this release or J.D. Power and Associates survey results without the express prior written consent of J.D. Power and Associates.   CONTACT:          J.D. Power and Associates                   Jessica Smith, 203/221-1998, East Coast                   Michael P. Greywitt, 818/707-9526, West Coast URL:              http://www.businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page.  Copyright (C) 2001 Business Wire.  All rights reserved.  -0-   KEYWORD:          CALIFORNIA AUSTRALIA INTERNATIONAL ASIA PACIFIC CANADA INDUSTRY KEYWORD: ADVERTISING/MARKETING                   AEROSPACE/DEFENSE                   AIRLINES                   GOVERNMENT                   PUBLISHING                   MARKETING                   AGREEMENTS                   PRODUCT                   SOURCE:                   J.D.                   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Ben:

As we have done with El Paso, Aquila and Duke; is it possible for us (Tax) to
speak directly to the LG&E Tax Professionals.  We have found this to be the
most efficient and effective means of handling the tax issues.  Please advise.

Thanks.

- Matt
x33979

Benjamin Rogers
10/24/2000 04:24 PM
To: Patrick Maloy/HOU/ECT@ECT, Matthew F Gockerman/HOU/ECT@ECT, Warren
Schick/Corp/Enron@ENRON
cc: Don Miller/HOU/ECT@ECT
Subject:

Guys:
Here are questions from LG&E regarding the peaker assets.  Some of these
questions are tax related.  Please assist us in answering these questions.
Thanks for your help.
Ben
3-7998


Mike:

We are currently being billed for Freese Notis Weather.  I will need to
allocate these charges to the appropriate cost center.  If you would like to
continue this service I could allocate it directly to your cost center or
send you the bill directly.  If you know of anyone else who uses this
application please let me know and I will split the cost among the
departments.

Thank you,

Danielle Marcinkowski


http://www.consultrci.com

************************************************************************

TrueQuote completes connection to EnronOnline and receives equity investment
from PG&E. Find out more about SCIENTECH'S E-Commerce InfoGrid at:
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************************************************************************

===============================================================
SCIENTECH IssueAlert, October 26, 2000
TXU Sued By 23 Texas Cities Over Franchise Fees
By: Will McNamara, Director, Electric Industry Analysis
===============================================================

The City of Denton, Texas, has filed a lawsuit against TXU Electric & Gas,
claiming that the utility intentionally underpaid Denton its franchise
fees by not accurately reporting its gross revenues, on which franchise
fees are based. To date, 23 cities have signed resolutions to join Denton
in the lawsuit and more are expected. An initial audit by Denton claims
that the amount that TXU owes could potentially exceed $240 million.

ANALYSIS: Over this last year, several utilities in Texas have come under
fire for allegedly not paying the full amount of franchise fees for which
various cities claim they are obligated. This suit against TXU is just
the latest, but it follows a judgment against Reliant Energy earlier this
spring and a pending suit against CPL (a subsidiary of AEP/CSW).

Franchise fees are essentially rental payments that a city has the right
to charge a utility for use of the city's public streets and grounds for
the placement of pipelines, poles and utility cables. Texas state law allows
cities to charge utilities 2 percent of their gross revenues for the right
to franchises within a city's limits. Some utilities such as Reliant entered
into agreements*stretching back to the 1950s*that obligate them to pay
4 percent of gross revenues earned in a city in exchange for 50-year
franchises.
In any case, the cities are arguing that franchise fees should be based
on gross revenue, not net revenue, that the utilities have earned from
providing service within the city limits.

Herein lies the core of the litigation as, in this case, the City of Denton
is claiming that TXU intentionally reported lower gross revenue, thereby
reducing the amount it was required to pay to Denton and the other cities
involved in the lawsuit. The cities involved in the suit claim they are
entitled to not only unpaid franchise fees from TXU, but punitive damages
as well.

The prognosis may not be very good for TXU, if a similar case against Reliant
Energy is any indication. In May, a Houston jury ruled that Reliant-HL&P
"acted with malice by intentionally underpaying cities for decades for
the exclusive right to sell electricity in those cities." The state district
court ordered HL&P to pay $34.2 million to the cities of Pasadena, Galveston
and Wharton. The award consisted of $30 million in punitive damages, another
$3 million because it was determined that HL&P had defrauded the cities,
and $1.2 million in actual damages. That seemed to be just the start of
Reliant's problems, as following that case 47 additional cities, including
Houston, came together and launched a class-action suit against Reliant
HL&P, again claiming that the utility intentionally underpaid franchise
fees for the sole right to provide power in the cities. This lawsuit is
claiming $113 million in damages, the bulk of which ($77 million) is allotted
for the City of Houston.

However, illustrating how polarized this issue is, just last week a state
district judge overturned the $34.2 million ruling for the first three
cities, and reduced the damages down to $1.2 million. In addition, the
same judge overturned the separate ruling that had given the green light
for the 47 cities to proceed with the class-action suit. Both rulings are
still being appealed by the cities in hopes to reinstate the award for
fraud and punitive damages. In addition, the 47 cities involved in the
new lawsuit against Reliant are proceeding*just with 47 individual cases
instead of one. Sound confusing? It certainly is, and it will no doubt
amount to one big mess if the cities are not permitted to band together
in one class-action suit.

Here's Reliant's position in the litigation, which is presently supported
by the Texas State District Court. Reliant claims that transactions that
do not generate profits or represent the selling of power in a city*such
as reconnection fees, renting pole space to other utilities and sending
electricity to other markets*should not be considered part of gross revenue
and, therefore, not subject to franchise fees. Thus, the figure Reliant
reported as gross revenue may indeed be lower than the cities expected
it to be*but it is an accurate number, based on Reliant's interpretation.

As noted, CPL is also involved in a pending lawsuit with the City of San
Juan, Texas, and a group of about 30 other cities. These cities claim that
CPL underpaid franchise fees and seek damages of up to $300 million plus
attorney's fees. CPL has filed a counterclaim for overpayment of franchise
fees and intends to defend itself against the cities' claims.

How all of this will impact the case against TXU is unclear, but certainly
the momentum is growing against the utilities in Texas. TXU, like Reliant
and CPL, maintains that it has done nothing wrong and that it has paid
in full all of the fees owed to the over 330 Texas cities and towns to
which it provides electric service. Again, the center of the dispute lies
in how to calculate gross revenues. TXU contends that gross revenue includes
only the direct proceeds it has received from the sale of electricity and
natural gas. The City of Denton, on the other hand, argues that gross revenue
also should include other income such as taxes and fees collected for bad
checks, which conceivably could result in a much higher figure, especially
when calculated over a 40-year period.

TXU had 1999 operating revenues of approximately $17.1 billion so, like
Reliant, a settlement in the $1.2 million range would not wield much financial
impact. However, more important to these utilities may be the fact that
this could be just the beginning of a string of similar lawsuits, brought
forward by cities across Texas. Consider the class action suit against
Reliant, to the tune of $113 million. If that suit is allowed to proceed,
we're talking about big money, especially when attorney fees are added
to the equation. In addition, the reputation of these utilities is at stake.
The cities initiating the lawsuits are using such terms as "unlawful business
practices" and claiming that every dollar utilities like TXU and Reliant
have not paid to the cities means a dollar increase in taxes for citizens.
As deregulation continues to unfold, a utility's reputation will be one
of the foundations on which it attracts new customers and retains current
ones.

It's also important to note that under Texas' restructuring law, once
competition
begins in the state (January 2002) the formula to determine franchise fees
in the state will switch from a revenue formula to a consumption formula.
In other words, the amount that utilities collected as gross revenue in
1998 will be divided by the amount of total kilowatt hours consumed within
the city limits during the same year, and that will be the amount of the
franchise fee owed by utilities to cities. The franchise fee shall be equal
to the charge per kilowatt hour determined for 1998, multiplied times the
number of kilowatt hours delivered within the city limits. Of course, all
of these pending lawsuits are bringing into question the amount of gross
revenue that was collected during 1998, which might make this formula
difficult
to calculate. In any case, I don't see these issues subsiding any time
soon as they are based on a fundamentally different interpretation of how
to define gross revenue. The real winners in these lawsuits may be the
attorneys themselves, as undoubtedly these cases will remain in litigation
for several years.
===============================================================
Discover a world of utilities information in our new e-zine, SourceBook
Weekly, which will be launched on December 1, 2000. Get a free SourceBook
Weekly article at:
http://www.consultrci.com/web/rciweb.nsf/Web+Pages/SBEntrance.html
===============================================================

SCIENTECH is pleased to provide you with your free, daily IssueAlert. Let
us know if we can help you with in-depth analyses or any other SCIENTECH
information products. If you would like to refer a colleague to receive
our free, daily IssueAlerts, please reply to this email and include their
full name and email address or register directly at:

http://www.consultrci.com/web/infostore.nsf/Products/IssueAlert

Sincerely,

Will McNamara
Director, Electric Industry Analysis
wmcnamara@scientech.com
===============================================================
Feedback regarding SCIENTECH's IssueAlert should be sent to
wmcnamara@scientech.com
===============================================================

SCIENTECH's IssueAlerts are compiled based on independent analysis by
SCIENTECH
consultants.  The opinions expressed in SCIENTECH's IssueAlerts are not
intended to predict financial performance of companies discussed or to
be the basis for investment decisions of any kind.  SCIENTECH's sole purpose
in publishing its IssueAlerts is to offer an independent perspective regarding
the key events occurring in the energy industry, based on its long-standing
reputation as an expert on energy and telecommunications issues.

Copyright 2000.  SCIENTECH, Inc.

If you do not wish to receive any further IssueAlerts from SCIENTECH, please
reply to this message and in the body of the email type "remove."


Thanks for the update.
m

Liz M Taylor
07/21/2000 10:11 AM
To: Mike McConnell/HOU/ECT@ECT
cc: Jeffrey McMahon/HOU/ECT@ECT
Subject: Space Planning for Floo 27

Mike,

Previously, Fastow's group was scheduled to vacate floor 27 on the 24th of
August.  There were a few unexpected construction problems and now the vacate
date is September 8.

Of course we are not moving to floor 27 "as is".   I expect the rest of the
month of September to be used for constructing floor 27 to our
specifications.  We can probably start moving down the first weekend in
October.  I'm requesting a very aggressive , around-the-clock, construction
crew.

I'll advise as necessary.

Many Thanks,

Liz

Groups to Occupy Floor 27
Office of the Chairman
Bill Brown/Mike Patrick
Greg Piper
Fitzgerald/Horn/Sommer
Harry Arora
Tom Gros
EOL Overflow


John,
You caught me.  I've been hit again with the bug, the 3rd time in November,
and the combination of drugs has me wide awake.  I did promise Chris that I
wouldn't run off to the office when this occurs but she didn't tell me I
couldn't do a lot of emails from home! - there is always a catch!

Actually I'm back to bed to try again after this one.

Hope all is well in merry old England.

Cheers,
Mike

John Sherriff
11/30/2000 01:56 AM
To: Mike McConnell/HOU/ECT@ECT
cc:
Subject: Re: VP Candidate - Bridget Fraser.

Thanks Mike - are you up in the middle of the night again?

John

Mike McConnell
30/11/2000 07:39
To: John Sherriff/LON/ECT@ECT
cc:

Subject: Re: VP Candidate - Bridget Fraser.

John, I'm in.  She was outstanding.  If you don't want her, I'll take her!

I have a PRC conflict during the next execom meeting.  If i'm not there
please feel free to pass on my strong support.

Cheers,
Mike


Try this new webcam,,,,,

 <<SONY_WEBCAM_T.pps>>

 - SONY_WEBCAM_T.pps


Dave:

The attached sheet provides a summary of information on the turbines.

Brett

David W Delainey@ECT
12/08/2000 06:38 PM
To: Brett R Wiggs/SA/Enron@Enron
cc: Joe Kishkill/SA/Enron@Enron
Subject: MEH Turbines

Brett, can you give me the particulars on the four MEH turbines (ie)
scheduled delivery, price, fuel options, heat rate, output,etc - including
transferablility to NA.

Regards
Delainey


---------------------- Forwarded by Ami Chokshi/Corp/Enron on 01/28/2000
10:58 AM ---------------------------

troy_a_benoit@reliantenergy.com on 01/28/2000 10:53:30 AM
To: Ami Chokshi/Corp/Enron@ENRON
cc:

Subject: COPANNO CHANGES

(See attached file: HPL-Jan.xls)

 - HPL-Jan.xls


Who is authorized to sign on behalf of this company?

Thanks,

Kay


11-20 Enovate.xls


Cyndi --

Per your request, I attach a list of those individuals who are currently exempt from the electronic mail retention policy.  As I mentioned to you last week, we will soon be eliminating the EBS folks from this list (that is, all EBS employees will be subject to the e-mail retention policy).  I will give you more details later this week on when to put the EBS employees back on the e-mail retention policy.
Thanks.


Put my name in the pool.


EFF_DT PORTFOLIO_ID DOWN95
11/17/00 MANAGEMENT-CRD 0
11/17/00 MANAGEMENT-GAS 2,922,796
11/17/00 MANAGEMENT-PWR 196,716
11/17/00 AGG-MANAGEMENT 2,993,595


Vince:

We will have cocktails with Andrew at Mi Luna in the Village (on
University, south side of the street between Kirby and Morningside) at 5:30
Monday evening.  You can join in there or meet up with the dinner crew at
the appointed place.

We'll see you Monday.

bbo


Thanks for following up, Jenny. I contacted you at Willie Harrell's
suggestion, so I appreciate your quick response, and I'll contact Donnie in
the future.

Kate

	From:  Jenny Latham                           04/02/2001 12:26 PM

To: Donald Wayne Vinson/HOU/ECT@ECT
cc: Steve Venturatos/HOU/ECT@ECT, Jenny Helton/HOU/ECT@ect, Kelly
Lombardi/NA/Enron@Enron, Willie Harrell/HOU/ECT@ECT, Kate Symes/PDX/ECT@ECT

Subject: Re: New Pub Posting Request

FYI:

I am no longer part of the Power group - I'm was just checking on the
progress of outstanding issues.  Please use Donnie Vinson as your contact for
future correspondence related to this issue.  Jenny.
---------------------- Forwarded by Jenny Latham/HOU/ECT on 04/02/2001 02:24
PM ---------------------------

	Enron North America Corp.

	From:  Willie Harrell                           04/02/2001 01:16 PM

To: Jenny Latham/HOU/ECT@ECT
cc: Steve Venturatos/HOU/ECT@ECT, Jenny Helton/HOU/ECT@ect, Kelly
Lombardi/NA/Enron@Enron
Subject: Re: New Pub Posting Request

This request require  your group  to setup Pub Codes in Enpower Pub Posting
for daily rates.  Enpower currently have monthly rates setup for these
curves.  Thanks,  wlh


Rex: You will love this. I hope all is well, see you in Nov. brad

 -----Original Message-----
From: 	Griffith, John
Sent:	Wednesday, October 24, 2001 10:32 AM
To:	Mckay, Brad; Zipper, Andy; Maggi, Mike; Arnold, John; Quigley, Dutch; Taylor, Craig; 'mattc@elitebrokers.net'
Subject:	FW: Why Palestenians throw rocks

 -----Original Message-----
From: 	Moon, Eric
Sent:	Wednesday, October 24, 2001 10:28 AM
To:	Griffith, John
Subject:	FW: Why Palestenians throw rocks

 -----Original Message-----
From: 	"Tami, Eric and Jake Moon" <etjmoon@prodigy.net>@ENRON
Sent:	Wednesday, October 24, 2001 9:58 AM
To:	Julie Turner; Papa; Moon, Eric; Granny; Frank Jimenez
Subject:	Fw: Why Palestenians throw rocks

Subject: FW: Why Palestenians throw rocks

> --------------------------------------------------------------------------
--
> --- <<ATT279523.txt>>  <<WHYPALES.MPE>>
>

 - ATT279523.txt
 - WHYPALES.MPE


Greetings:

Attached please find the ISO's comments, as filed at FERC (including 3
attachments), and the Market Surveillance Committee's comments, which we are
unclear whether these were filed or not. IEP is currently reviewing them in
light of the accusations made today and with respect to the overall flaws
with the ISO Market Stabilization Plan.  We will keep you posted.

Katie Kaplan
Manager of State Policy Affairs
Independent Energy Producers Association
(916) 448-9499

 - ISO Comments attch A.pdf
 - ISO Comments attch B.pdf
 - ISO Comments attch C.pdf
 - ISO Comments on FERC Mitigation.pdf
 - MSC Comments on FERC mitigation.pdf


FYI
---------------------- Forwarded by Kay Mann/Corp/Enron on 08/29/2000 05:00
PM ---------------------------

	Enron North America Corp.

	From:  Mark Dobler @ ENRON                           08/29/2000 04:44 PM

To: John Normand/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Mitch Robinson@Enron@ENRON_DEVELOPMENT, Kay Mann@ENRON@ENRON_DEVELOPMENT,
Bill Fox/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Ross
Newlin/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Gavin
Gaul/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Bob
Greene/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Dennis
Alexander/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Scott
Dieball/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: Re: Westinghouse Meeting

John -

Have spoke with Mitch and he and I agree that he, Ross Newlin and myself
should go along with Bill Fox if he's available (Bob Greene if he's not).
Our preference is to go on Sept 11 and return same day if possible, return
the 12th if not.  Let us know if this works for EECC and SWPC.

MSD

John Normand@ENRON_DEVELOPMENT
08/28/2000 05:46 PM
To: Mitch Robinson@Enron, Mark Dobler/NA/Enron@Enron, Kay Mann@ENRON
cc: Bill Fox/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Ross
Newlin/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Gavin
Gaul/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Bob
Greene/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Dennis
Alexander/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Scott
Dieball/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: Westinghouse Meeting

I heard from Westinhouse today concerning the sound, missing megawatts, and
heat rate issues, and the possibility of a meeting to discuss how we are
going to work together on these issues.  Matt Coffman, S/WEC suggested that
the meeting be held in Orlando and that it be held on Friday, 8 Sep 00, or
early the following week (11, 12, or 13 Sep 00).  Please let me know your
availability and I will set up the meeting.  I think that this meeting should
be held without lawyers.

Thanks,   John


Chris--So as not to delay things more than I already have, the table below
shows our March '00 Requirements on AGL by pipeline.  I will put these values
into the spreadsheet that I sent earlier, but this will give you an idea of
what the numbers look like.

The above values for storage withdrawals assume that we are maximizing the
withdrawals from the so-called "Directly Assigned Storage" that ENA schedules
on our behalf.  I believe that notwithstanding the above storage withdrawal
values, we will still have storage inventory left at the end of March since
our
withdrawals to date have been so low.   Both the Storage withdrawals shown
above and the Flowing gas should flow on Primary firm capacity since we have
been assigned this capacity by AGL.    The above numbers also assume that we
will be maximizing our withdrawals of AGL's IBSS (Incremental Bundled Storage
Service) during March.  The IBSS withdrawals are not  included in the storage
withdrawal volumes shown above, since we schedule the IBSS ourselves at AGL's
citygate.

Please call me if you have questions and I will be forwarding you a final copy
of the spreadsheet with these numbers in a short while.

Sorry for the delay!

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


CGoering@nyiso.com writes to the NYISO_TECH_EXCHANGE Discussion List:

The NYISO is reserving the following hours in the October 7, 2001 Real-Time
Market per ECA 20010908B to verify prices:

HQ:  23:00
OH:  23:00
NE:  23:00
PJM: 23:00

All other prices in the October 7, 2001 Real-Time Market are correct.
Prices in the October 8, 2001 Day-Ahead Market are correct.

This e-mail information is a copy of the official posting which can be
found at the following address of our website:
http://mis.nyiso.com/public/htm/OperMessages/CurrentOperMessages.htm#mm


Was that you walking in this morn when I was?  How's everything?


Tana,

I am currently working on an audit of the Risk Controls Group sanctioned by
Enron North America.
As a part of this audit, one of my objectives is to become more familiar with
the NYMEX Limits
set for traders.  Specifically I want to:
 1.   Ensure that the limits are correct
 2.  See appropriate action was taken to satisfy the request of the Trader
  (ie.  If a request was made today to raise the limits, approval from the
NYMEX
  should be obtained.
and 3. I'd like to see all the documentation taking place between
trader-Legal-Nymex.
  -- Does legal call NYMEX, or e-mail them? Please indicate the specific
documentation involved.

I realize that this is a bit vague, but I just wanted to give a heads up on
what my basic objectives were.
I was hoping that you could point me in the right direction, or perhaps let
me know someone in your group
from whom I can get further information.

I certainly appreciate all of your help.
If you have any questions I can be reached at x31684.

Sincerely,

Jack Ehrig


We are still doing business with Bear, but we are in the process of winding down the entire book.  Considering our future prospects are somewhere between slim and none I doubt any agreements going forward will matter.

 -----Original Message-----
From: 	Shackleton, Sara
Sent:	Thursday, November 15, 2001 4:45 PM
To:	Doukas, Tom
Subject:	Bear Stearns Securities Corp. ("Bear") - you asked what this was about

Tom:  You sent me documents for Thos. Weisel to clear through Bear.

I guess you are no longer interested in Bear.  Am I correct?

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


Hartsoe-Commissions order on 75 O888 compl programs
Maya WeberGordon Weil
Dave Marquart
Richard Tabors


Enron in Action can be accessed through the new Community Relations web site at http://cr.enron.com/eia.html .  In this week's issue you will find out information regarding:

Enron Happenings
BEAR Holiday Fundraiser
2001 Holiday Shopping Card benefiting the American Cancer Society
Enron Kids 2001 Holiday Program
Support the Museum of Natural Science at the Crate & Barrel Opening Night Preview Party
Enron Night with the Houston Aeros
Free Carwashes for Enron Employees
American Heart Association "Heart Walk"

Enron Volunteer Opportunities
Volunteer for the 2001 Nutcracker Market "A World of Holiday Shopping"

Enron Wellness
CPR/First Aid Training
Mammogram Screening
November is Lung Cancer Awareness Month

Involved Employees
Par "Fore" Pets Golf Tournament

In addition, Enron in Action is available through a channel on my.home.enron.com.  To add this channel to your set-up click on the channels link at the top of the screen and under announcements check the Enron in Action box.

If you wish to add an announcement to Enron in Action, please fill out the attached form below and submit it to mailto:eia@enron.com no later than 12 PM Thursday each week.


ditto


Actually Drow, the repeat arteriogram on Grumbles wasn't all for naught.  The
cardiologist probably pocketed $1500 on the deal.  Beware of those guys, they
tend to be"stent happy".  Now urologists, on the other hand, would never take
such advantage.  If we tell you your prostate's gone to shit, that baby
better be coming out of there.  Take it to the bank.  Glad Grumbles' chest
pipes passed muster.

                                                        -kai-
                                                     B.Miller

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At Homecoming 2000, the BETA TENT had the biggest crowd by far.  Stay connected and consider a future homecoming BETA reunion.  It's incredible...forget the 20 years in between...everyone just seems to pick it up right where they left off years ago.

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