You are so right about there being room for spontaneity and whimsy in
writing. Often, in fiction, I struggle between Beckett's idea to "Fail. Fail
Again. Fail Better." and Andre Breton's ideas of poetry or Pollock's action
painting. There's a fine line. Check out the article in the New Yorker on
Godard. Like, doing "Breathless" without a script. Etc & etc. That guy
wasn't afraid of spontaneity.

Thanks a lot for your advise. We'll see what happens with it.

See you later,

Scott

PS Next time we'll get Eldon. I promise.

>From: Jeff.Dasovich@enron.com
>To: "Scott Laughlin" <scottwl@hotmail.com>
>Subject: Re:
>Date: Mon, 20 Nov 2000 16:32:03 -0600
>
>
>There's a place for working and re-working.  There's also a a very
>important place in art--writing in particular--for spontaneity and whim.
>I'd do a tweak here and a snip there, but quickly and only around the
>edges, and submit it as a film review.  It's novel, it's fun, and
>exposure'd a good thing.
>
>Things are good.  Going to be weary for the next 3-4 weeks until schools
>out, though.
>
>Best,
>Jeff
>
>
>
>                     "Scott
>                     Laughlin"            To:     Jeff.Dasovich@enron.com
>                     <scottwl@hotm        cc:
>                     ail.com>             Subject:     Re:
>
>                     11/20/2000
>                     04:15 PM
>
>
>
>
>
>Thanks for your suggestions. It's good to know, not only for this, but for
>the future as well. I don't know what the hell Cameron wants to do. She
>thinks that she is some kind of expert editor, when really she is a goddamn
>
>lawyer who has read a book or two! She does want it to be the best it can
>be, but it is ultimately not that important! Oh well. I'm just going to go
>ahead and do what I want with it anyway.
>
>Hope all's well.
>
>
> >From: Jeff.Dasovich@enron.com
> >To: "Scott Laughlin" <scottwl@hotmail.com>
> >Subject: Re:
> >Date: Mon, 20 Nov 2000 15:59:53 -0600
> >
> >
> >I don't get it.  What does she want to do?
> >
> >
> >
> >                     "Scott
> >                     Laughlin"            To:     jdasovic@enron.com
> >                     <scottwl@hotm        cc:
> >                     ail.com>             Subject:
> >
> >                     11/17/2000
> >                     09:48 PM
> >
> >
> >
> >
> >
> >Jeff,
> >
> >Cameron doens't want you to send that Grinch thing out to anyone. Not
>that
> >she would. She wants to edit it, and try to send it out all at once.
> >Whatever. I'm forced to tell you.
> >
> >B.O.
> >_________________________________________________________________________
> >Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com.
> >
> >Share information about yourself, create your own public profile at
> >http://profiles.msn.com.
> >
> >
> >
> >
> >
>
>_____________________________________________________________________________
________
>
>Get more from the Web.  FREE MSN Explorer download :
>http://explorer.msn.com
>
>
>
>
>

______________________________________________________________________________
_______
Get more from the Web.  FREE MSN Explorer download : http://explorer.msn.com


With the change in segmentation rules on Transco, it has become much more
critical to know the primary receipt and delivery points for the capacity we
are buying.  Mr. Goodell said that Tennessee's EBB will indicate if the
points on the capacity you are buying are secondary or primary.  I would
prefer to know the actual primary points on the contract, especially the
delivery points.

I just bought some Z6-Z6 capacity from Penn Fuel for the balance of the
month.  Steve Gillespie verified that Penn Fuel released the primary receipt
and delivery point on the contract.  But, I'm taking Penn Fuel's word for it
and I am unable to verify the information myself.  It could have a big impact
on what we flow in Z6.

Colleen, can we do anything about this through the regulatory process?  Let
me know if you need specific capacity examples.


Memo on floor meetings, plus my reply to Greg and Philippe.
---------------------- Forwarded by Sally Beck/HOU/ECT on 04/11/2001 07:20 PM
---------------------------

	Enron North America Corp.

	From:  Sally Beck                           04/09/2001 11:53 AM

To: Philippe A Bibi/HOU/ECT, Greg Piper/Corp/Enron
cc:
Subject: Suggestions for Floor Meeting Locations

The floors chosen for these meetings appear to be geared to the IT teams.
Between my operations teams dedicated to EA, EGM and EIM, I have roughly 500
employees in the Enron building.  Do you want all of them to choose one of
the floors noted in your e-mail message, or would it be better to schedule
one or two floor meetings in locations that more easily incorporate this
segment of Net Works?  I have noted below the approximate number of employees
per floor (including only those floors with a significant number of
operations employees):

  29th Floor (trading) 67 employees  EGM risk, vol. mgmt., confirms,
settlements and EIM risk

  30th Floor (trading) 35 employees  EGM risk, confirms, settlements (various
products)

  31st Floor (trading) 52  employees  Power risk, confirms, vol. mgnt.,
settlements and DPR           and MPR teams

  32nd Floor (trading) 117 employees  Gas risk, logistics (all regions),
operational analysis

  37th Floor   148 employees  Gas vol. mgmt., settlements, and global
services
Also, given the fact that operations is a relative "newcomer" to Enron
Networks and yet represents a large number of employees in the group, I would
be happy to work with you on remarks for all of the floor meetings to make it
easier for you to be fully inclusive in these sessions.   --Sally
---------------------- Forwarded by Sally Beck/HOU/ECT on 04/09/2001 10:30 AM
---------------------------
   Office of the Chairman - Enron Net Works LLC

From: Office of the Chairman - Enron Net Works LLC@ENRON on 04/09/2001 10:13
AM
Sent by: Enron Announcements@ENRON
To: ENW-Employees_Houston
cc:
Subject: Net Works Floor Meetings - DATES AND LOCATIONS HAVE CHANGED PLEASE
READ

We will be holding floor meetings on the following dates.  Please join us for
a general overview and Q&A session on one of the following floors:

Tuesday, 4/17/01 - 2:00 - 3:00 p.m.  Location:  In front of EB2711

Wednesday, 4/25/01 - 2:00 - 3:00 p.m. Location:  In front of EB2265

Thursday, 4/26/01 - 2:00 - 3:00 p.m.  Location:  In front of EB2556

Philippe & Greg

Please disregard the email sent on 4/6/01.  We apologize for any
inconvenience.


Stuart-

See attached.  Let me know if this will suffice.

Eric

 -----Original Message-----
From: 	Zisman, Stuart
Sent:	Thursday, December 13, 2001 5:20 PM
To:	Booth, Eric
Cc:	Schneider, Chip; Nemec, Gerald; Redmond, Brian
Subject:

Eric,

Would you please prepare a memo regarding PB-KBB and the work that they are doing.  The memo should include scope of work, amount currently owed, amount to be spend from now until completion and the substance of the conversation that took place today.  I am not looking for a novel but rather something that is concise and can be taken to Don and the cash committee for approval.  I will take what you put together and add some information regarding the importance of getting approval for this contract given our need to complete Cavern #1 in order to satisfy our obligations under the Bridgeline agreements.  Thanks

Stuart


[Moore, Kevin G.]

Happy

             New

                      Year !

Happy  New Year  !

 Happy

                           New

                   Year !


Jason:
Sorry I left you off of this.  Please let Suzanne know if you can attend.  It
will now be held in 38c2.
Carol
----- Forwarded by Carol St Clair/HOU/ECT on 06/14/2000 11:21 AM -----

	Carol St Clair
	06/12/2000 04:49 PM

		 To: Susan Flynn/HOU/ECT@ECT, Samantha Boyd/NA/Enron@Enron, Susan
Bailey/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT
		 cc: Sara Shackleton/HOU/ECT@ECT
		 Subject: Friday's Lunch

Please plan to attend a lunch this coming Friday in 30C2 with Sara and I and
possibly some of the newer credit people to go through basic ISDA, CSA and
confirmation issues.  We'll get started around Noon and probably go until
1:30.

Carol


Dear All,

Please find attached our Weekly Report (16th November 2000) for your
information and perusal.

Regards,

Beverley


Start Date: 4/23/01; HourAhead hour: 13;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042313.txt


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

Dear Market Participants,

In order to assure your messages are delivered to list server
recipients please remember:

- you must be subscribed to the list server in order to send
messages to the list recipients and

- you must unsubscribe your old e-mail address, then subscribe
your new e-mail address from the NYISO list servers when your
e-mail address changes.

The web pages designed to help you with this process are at:

http://www.nyiso.com/services/documents/groups/listserv.html

Regards,
Customer Relations
518-356-6060


Tom -

Pursuant to your request, attached is a draft of the Wells Fargo beta
agreement.

Please let me know if you should need anything further.

Mark
Senior Counsel, ENA
Phone:     713-345-8897
Facsimile: 713-646-3940
E-Mail:      Mark.Greenberg@enron.com


Were we going to try and send off to GE today a revised draft of the contract
which would include the language resulting from the tasks assigned in Peter's
list?

Re the list and those sections to which my name appears:

1.  Takeover - John have you revised the  text of Section 10.3.2 or should I
take a shot at rewrite based on our discussions with GE on    Arcos.

4 and 11 Robust Scope/Change Orders - This issue has not been resolved and we
are awaiting GE's proposal with respect to Arcos.

9   Warranty - Suggested wording has been provided to Peter.

11  Insurance - Section 19 dealing with insurance needs to be reviewed in
light of recent discussions with insurance advisors to ensure    contract
conforms with current insurance market conditions.

	"Thompson, Peter J." <pthompson@akllp.com>
	05/17/2001 08:33 AM

		 To: "Sheila Tweed (E-mail)" <Sheila.Tweed@enron.com>, "Kay Mann (E-mail)"
<kay.mann@enron.com>, "John Rigby (E-mail)" <john.g.rigby@enron.com>, "Scott
Dieball (E-mail)" <scott.dieball@enron.com>, "Roseann Engeldorf (E-mail)"
<roseann.engeldorf@enron.com>, "Bill Williams (E-mail)"
<Bill.Williams@enron.com>, "Ed Hearn (E-mail)" <ed.b.hearn.iii@enron.com>
		 cc:
		 Subject: List of Outstanding Issues for Completion of World Hunger Form
Agreement.DOC

 <<List of Outstanding Issues for Completion of World Hunger Form
Agreement.DOC>>
 Attached is the List of Outstanding Issues for Completion of
World Hunger Form Agreement memo annotated to show who is responsible
for various actions.
 - List of Outstanding Issues for Completion of World Hunger Form
Agreement.DOC


Monday dec 17
2002 traded 40, 40.25 and 40
Dec 18 Tuesday
mar traded 39.5
Wednesday dec 19
Jan traded 39.5 on the back of mar,  38.5
Thursday Dec 20
Jan traded 39.25 q2 traded 37 and cal2002 traded 40  and 40.25 away.
Friday coming up


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 11/02/2000
01:47 PM ---------------------------

Shirley Crenshaw
11/02/2000 08:12 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Expense Reports

Vince:

I am still showing two expense reports outstanding:

$1615.02
#1177.78

Have you received these?

Shirley


Steve -- Here is background for the Japan Public TV interview on Thursday
morning.  Per your request, I asked Nick and Mika for the information and got
this back from Mika on behalf of both.  It's a pretty comprehensive memo, and
I know you're busy, but it appears to be a lot of Japan perspective that you
could benefit from going in.

Vance

----- Forwarded by Vance Meyer/NA/Enron on 01/31/2001 08:10 AM -----

	Mika Watanabe
	01/31/2001 04:12 AM

		 To: Vance Meyer/NA/Enron@ENRON
		 cc: Nicholas O'Day/AP/Enron@Enron, Jackie Gentle/LON/ECT@ECT
		 Subject: NHK Interview Briefing

Vance,
I attached a briefing material for Steve which contained major soundbites,
key messages and some Japan-related issues that may be relevant for the NHK
interview. Some points in this material overlap with the Nikkei briefing
material which Nick gave to Steve two weeks ago. I have refrained from
including some bullet points on our activities in Japan, because Joseph Hirl,
Enron Japan President and CEO, did an interview with NHK yesterday for the
same program. NHK's interview with Steve would likely focus on California,
because many of its questions on Enron Japan's businesses here were answered
by Joe. NHK plans to combine Steve and Joe's interviews for the same program.
If you have any questions, please call me at 813-5219-4581 tomorrow morning
our time or Wednesday afternoon your time.

best regards,
Mika

From: Vance Meyer on 01/30/2001 05:14 PM CST
To: Nicholas O'Day/AP/Enron@Enron, Mika Watanabe/AP/Enron@Enron
cc:

Subject: URGENT REQUEST

Steve Kean will be interviewing with Japanese Public Television on Thursday
morning to complement the work that has already been done on this project in
Japan.  Steve is being asked to talk about deregulation, specifically the
lessons learned from the California crisis and how Japan might do it
differently.

Steve asked me to contact both of you regarding

Common messages being emphasized on the Japan end.
Any difficult issues to be aware of, such as biases the network might bring
to this topic or potentially unanticipated questions that we might encounter.
Also, Steve didn't ask for this, but it might be helpful if you could send a
few bullet points on our current activity, intentions and progress in Japan.

Thank you very much.  Again, I'll need it today (your time) if possible as
the interview is Thursday morning Houston time.

Vance Meyer
Director, Media Relations
713 345 4459


Daren,

Please click on the Supply Analysis tab of the attached spreadsheet to view
the wellhead volumes through 4/4/01.

Bob


Who are these guys and should someone from our group meet with them?
---------------------- Forwarded by Sally Beck/HOU/ECT on 09/12/2000 02:36 PM
---------------------------

David P Dupre
09/12/2000 11:12 AM
To: Sally Beck/HOU/ECT@ECT
cc:
Subject: Houston MG Visit

Hi,
With the visit approaching by Al Pennisi and Craig Young this Wed.Sep 13
through Fri. Sep.15, please let me know
if you have an interest in visiting with them.  I will be helping to
facilitate their meetings.

If you do have an interest, please let me know which times are most
convenient, in order of preference.

Have a pleasant week,

Thanks
David 3-3528
---------------------- Forwarded by David P Dupre/HOU/ECT on 09/12/2000 11:10
AM ---------------------------

Craig Young
09/08/2000 01:06 PM
To: Jeffrey McMahon/HOU/ECT@ECT, Louise Kitchen/HOU/ECT@ECT, Jefferson D
Sorenson/HOU/ECT@ECT, Mike McConnell/HOU/ECT@ECT, Jeffrey A
Shankman/HOU/ECT@ECT, Gary Hickerson/HOU/ECT@ECT, Brent A Price/HOU/ECT@ECT,
Alan Aronowitz/HOU/ECT@ECT, Marco Provenzano/Chemetall
S.p.A./Chemetall@CHEMETALL, Sally Beck/HOU/ECT@ECT, Mary Perkins/HOU/ECT@ECT,
Ben F Glisan/HOU/ECT@ECT, Fred Lagrasta/HOU/ECT@ECT, David P
Dupre/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT,
Stephen H Douglas/HOU/ECT@ECT, Sue Kelly/LON/ECT@ECT, Lara
Fields/LON/ECT@ECT, Lorna Jones/LON/ECT@ECT, Marcus Pullicino/HOU/ECT@ECT,
Paul Garcia/HOU/ECT@ECT, Sheila Glover/HOU/ECT@ECT, Leslie
Speck/EPSC/HOU/ECT@ECT, John Sherriff/LON/ECT@ECT, Paul Chivers/LON/ECT@ECT,
Michael Kopper/HOU/ECT@ECT, Anne Edgley/LON/ECT@ECT, Jay
Fitzgerald/NY/ECT@ECT, Michael R Brown/LON/ECT@ECT, Eric Gadd/LON/ECT@ECT,
Richard Lewis/LON/ECT@ECT, Stuart Staley/LON/ECT@ECT, Joe Gold/LON/ECT@ECT,
Alfred Pennisi/NYC/MGUSA@MGUSA, TJ Pimpinelli/NYC/MGUSA@MGUSA
cc: Craig Young/LON/ECT@ECT
Subject: Houston Visit

Alfred Pennisi and myself will arrive Houston Wed 9/13 and leave Friday. Al
Pennisi is in charge of operations for NY futures/swaps and I head up the
group. Our objective is to meet with each of you or anyone else that can help
us provide/expand internal and external client services for regulated and
nonregulated futures and forwards. We are a U.S. regulated commission house
purchased by Enron Europe through MG London/Enron Trading Services Inc.

Clearing futures exchanges
Combined margin and cash management efficiencies
Broker service across all commodities/financial
Our current client base--- commercial and funds
Meeting desk heads who trade futures
Integrating Enron Net Works/Enron On Line into services and clients
Enron documentation/access for web based non metal
Enron documentation for swaps/OTC non metal
Credit issues --- outside of Metals
Regulation and Govt relations
Fund or Alternative Investment opportunities ---  CTA/CPO
Cross origination opportunities with our clients

Regards
Craig Young
800-932-2343
212-715-2342
917-860-1786
520 Madison Ave
28th Floor
New York, NY 10022


This Friday is my last day at Enron.  I don't have my new address in Boston, but my email address is bthoskins@hotmail.com.  You can also reach me at this address for most of the summer:

5200 Boulder Ct.
Louisville, KY 40207
502-895-0980

Keep in touch!

Brian


Please send a reminder out to Mike Barnas, Kent Shoemaker, Steve Swift, Rose
Engeldorf,
Ben Jacoby, Scott Dieball, and Sheila, and once again include the
instructions (yeah, I know).

thanks,

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 11/28/2000 05:44
PM ---------------------------
From: Sheila Tweed@ECT on 11/28/2000 05:42 PM
To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: Re: World Hunger assignment

Thanks Kay.  I will be on the call tomorrow.  You might get Suzanne to send
out a reminder.


Attached is a newly revised Credit Watch listing.  If there are any
personnel in your group that were not included in this distribution, please
insure that they receive a copy of this report.

To add additional people to this distribution, or if this report has been
sent to you in error, please contact Veronica Espinoza at x6-6002.

For other questions, please contact Bill Bradford at x3-3831, Russell Diamond
at 5-7095, Brant Reves at x3-9897, or the Global Credit Hotline at x3-1803.


Thank you for your reply to my questions.   I suggest we put a GISB in place
if agreeable.

Please advise on how you would like to proceed.  Attached is a draft of our
GISB for your review.

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


This may be a repeat for some of you...

  3 Old Ladies

> >Three older ladies were discussing the travails of getting older.
> >One said, "Sometimes I catch myself with a jar of mayonnaise in
> >my hand in front of the refrigerator and can't remember whether I
> >need to put it away, or start making a sandwich."
> >
> >The second lady chimed in, "Yes, sometimes I find myself on the
> >landing of the stairs and can't remember whether I was on my way
> >up or on my way down."
> >
> >The third one responded, "Well, I'm glad I don't have that
> >problem; knock on wood!" as she rapped her knuckles on the table,
> >then told them "That must be the door, I'll get it!"
> >
> >
> >=================================================================
> >SUBSCRIPTION INFORMATION
> >
> >You are currently subscribed as:
> >  grdnedie@gte.net
> >
> >To UNSUBSCRIBE, simply send a blank email to this email address:
> >  leave-funnymailer-345015T@lists.funnymail.com
> >
> >To get the FunnyMailer FREE in your inbox, visit:
> >  http://www.funnymail.com/lists/
> >or send an email to this email address:
> >  join-funnymailer@lists.funnymail.com
> >
> >If you are having problems subscribing, unsubscribing, or if
> >you wish to CHANGE your address, please send an email to:
> >  help@lists.funnymail.com
> >
> >DO NOT REPLY TO THIS MESSAGE. This mail is sent using an
> >automated mailer, and any replies will NOT be read.
> >


Make sure you send these messages to Andy Edison

	"Ileana Blanco" <iblanco@bracepatt.com>
	02/13/2001 10:46 AM

		 To: <bonnie.white@enron.com>
		 cc: "J. Clifford Gunter" <cgunter@bracepatt.com>, <RSander@ECT.Enron.Com>,
<tmcdade@mfml.com>
		 Subject: McKenna arbitration

Richard Bianchi has proposed August 20 for the arbitration, which he believes
will not last more than a day..  Does that work for you and our possible
witnesses,if any? Short of the offtakers, which Max is concerned about
involving, who would you have in mind--since we are posturing  this as an msj
case?  If the date works, I would suggest that we try to depose McKenna as
soon as possible to see if there is any additional discovery we really need.
Let me hear from you'all and then I'll ask Tom to contact the other
arbitrators about their availability and the preparation of some kind of
scheduling order for discovery, motions, etc. deadlines.


Agree.  Please handle at the Audit Committee meeting.


are those lsu recruits?  where can i see that stuff?


I think that everyone has heard of this by now.     This makes it even more
imperative that our costs are documented.   This includes keeping up the
hourly sheet and having access to the Services generator spreadsheets.
Costs must be "just and reasonable."      Be ready to document opportunity
costs in the NW and the SW.  If you have questions as to what is just and
reasonable,  give me,  Bill,  Steve Hall or Tim B a call.

Note the penalties mentioned in 2. and 3.    We will not "dec load" until
futher notice,  as we dont have the  telemetry to accurately measure whether
we are long or short in any given instance.    Our company preschedules an
amount of energy necessary to cover forecasted load.   If this load is
higher,  we will be subject to the penalties listed below.     The Real Time
group will not expose company to any such charges.

See (3.) There are Services related penalties for all generators that dont
respond to ISO (ADS) instructions.   As everyone is aware,  the ISO has had
problems with this system.    We must be diligent in documenting all problems
with ADS,  as this can be a very costly disagreement.

JMF

---------------------- Forwarded by John M Forney/HOU/ECT on 12/11/2000 08:11
AM ---------------------------

Steve C Hall
12/09/2000 01:10 PM
To: Tim Belden/HOU/ECT@ECT, Christian Yoder/HOU/ECT@ECT, Jeff
Richter/HOU/ECT@ECT, Robert Badeer/HOU/ECT@ECT, John M Forney/HOU/ECT@ECT,
Greg Wolfe/HOU/ECT@ECT, Mary Hain/HOU/ECT@ECT, mwood@stoel.com, Elizabeth
Sager/HOU/ECT@ECT
cc:
Subject: ISO Emergency Tariff Modifications (Tariff Amendment 33)

On Friday, about 3:00 pm, the ISO filed for emergency tariff changes, some of
which are effective as of December 8, 2000 beginning HE 1600, and others that
take effect Tuesday, December 12, 2000.  As a consequence, we no longer have
the luxury of waiting until Jan 1, 2001 to start documenting certain costs;
we must start documenting the verifiable costs to support supplemental energy
and ancillary services energy bids in excess of the $250 soft cap
immediately.  I understand that at least some of the traders have been
informed of these changes, but I thought that it might be helpful for
everyone to have a concise summary of the main points of this filing.

1.  The ISO has changed the $250 hard cap on Supplemental Energy bids and
Ancillary Service Energy bids to a soft cap.  It's similar to the FERC's
proposed soft cap in its Nov. 1 Order.  Sellers can bid over $250 for
supplemental energy bids and ancillary services energy bids.   If the ISO
accepts a bid greater than $250, settlement will be as-bid and subject to
refund if costs cannot be verified.  SCs must submit cost documentation to
the FERC, ISO, and California Electric Oversight Board for all energy
dispatched in excess of the soft cap.  Effective December 8, 2000.

2.  Beginning Trade Day December 12, 2000, the ISO is going to charge SCs who
underschedule load or schedule generation that does not show up in real time,
based on each SC's net regional negative uninstructed deviations.  ("Net
Negative Uninstructed Deviations" is a new ISO defined term, see below.)
These SCs will be charged for (1) amounts paid by the ISO to purchase Energy
from bids above the price cap, and (2) costs for Energy associated with
out-of-market Dispatch instructions issued due to underscheduling.

3.  Participating Generators that fail to respond to ISO Dispatch
instructions will be assessed a penalty equal to double the highest price
paid by the ISO for Energy for the hour in which the Generator failed to
respond.  The penalty will not be assessed if the Generating Unit gave the
ISO advance notice of a de-rate or outage that would limit the Generator's
ability to respond to a Dispatch instruction.  If the outage or de-rate
occurs in real-time, then a reason code provided with a decline or partial
acceptance of an ADS instruction will constitute notice and no penalty will
be assessed (subject to some additional conditions).  If the ISO has to
curtail firm load to manage a System Emergency, the Generator will pay an
additional penalty of $1000/MWh for dispatched energy it failed to deliver.

4.  Bilateral arrangements with the ISO, i.e., out of market purchases, will
not be altered by the ISO's Amendment 33.

5.  From December 1-5, the ISO paid an average of $5 million per day for real
time energy.  On December 5th, the ISO paid $36 million and on December 7th
$81 million.

6.  The published ex post price will not exceed $250.

7.  There is still a hard cap of $250 on Ancillary Services capacity bids.

8.  Net Negative Uninstructed Deviations:  Penalties for being short in
real-time (either underscheduled load or generation scheduled in forward
markets that does not show up) are based on net deviations for each BEEP
interval, based on an SC's entire portfolio, including Load, Generation,
Imports, and Exports.

9.  Action:  We need to start documenting costs of Supplemental Energy and
Ancillary Services Energy bids immediately.  Much of the groundwork for
figuring out what information to collect has been done with respect to the
real-time and services desks, but we need to make sure that someone is
collecting this information on a daily basis.  For now, I am willing to be
the point person to make sure the information is collected and filed with the
appropriate agencies, but eventually  someone from the floor should take on
this responsibility.  I will be here early on Monday, and we can coordinate
our efforts then.

Steve


Here's what Eric wrote:

I revised the contract you sent me to make it site specific.  Those changes
are redlined.  Please note that I have reinserted sections 10.4.1 and 10.4.3
as well as the defined terms that go with them.  These were related to
exhaust temperature and energy.  I know this is a simple cycle plant and they
typically aren't required, but I wanted to see if GE would guarantee it
anyway.  It maybe helpful in the future if Austin Energy goes combined
cycle.  If for some reason GE's lawyers specifically want to leave that out,
then they will probably also want to delete sections 10.4.2 and 10.4.4 (and
their defined terms) since those also talk about specific exhaust
guarantees.  Let me know what they decide.

Exhibit A (site basis conditions) which I also revised was not attached to
your file.  (It's right behind the sign-off pages in my hard copy.)  I
therefor hand marked up a copy and scanned it.  It is now attached as a
separate word file.

Exhibit F is "boiler plate" and shouldn't change.  Exhibit "U" is not in my
hard copy.  My copy only goes up to Exhibit "T."   If you get something from
GE on Exhibit "U", send it to me and I will be glad to review it.


So you're the one who gave me this cold.  Just wanted to let you know that I've been working on the resume (in between work and finals) and will try to have you a draft by end of this week, or next Monday.  Get better.

Best,
Jeff

-----Original Message-----
From: John Morel [mailto:morel@haas.berkeley.edu]
Sent: Monday, December 10, 2001 5:58 PM
To: eveningmba@haas.berkeley.edu
Subject: Career Center closing at 6:00 tonight.

I will be going home after six this evening to nurse my cold.   We should
be open tomorrow evening till the usual 8:15 closing time.  Sorry for any
inconvenience this may cause.--John


Antigen for Exchange found P918D2Vol1.doc.pif infected with
W32/Sircam@mm.Worm (Norman) virus.
The file is currently Removed.  The message, "P918D2Vol1", was
sent from Chuck Jerian  and was discovered in IMC Queues\Inbound
located at Distrivision/NORTHAMERICA/C1PLENAEXI01.


---------------------- Forwarded by Daren J Farmer/HOU/ECT on 02/04/2000
05:02 PM ---------------------------
Stacey Neuweiler   02/04/2000 08:16 AM

To: Edward D Gottlob/HOU/ECT@ECT, Daren J Farmer/HOU/ECT@ECT, Gary A
Hanks/HOU/ECT@ECT, Earl Tisdale/HOU/ECT@ECT
cc:
Subject: FW: Whose Needs????????

> PERFECT!!!!!!!!!
>
> ** Proprietary **
>
>   A husband and wife are getting all snugly
> > > in bed. The passion is heating up.  But then the wife stops and says
> "I
> > > don't feel like it, I just want you to  hold me." The husband says
> > > "WHAT??" The wife explains that he must not  be in tune with her
> > emotional
> > > needs as  a Woman. The  husband realizes that  nothing is going to
> > happen
> > > tonight and  he might as  well deal with it.
> > >
> > >  So the next day the husband takes her  shopping  at a big
> department
> > > store.  He walks around and has her try on  three very  expensive
> > outfits.
> > > She can't  decide. He tells his wife to take all  three of them.
> Then
> > > they go over and  get matching shoes worth $100 each.
> > >  And  then they go  to the Jewelry Dept.  where she gets a set of
> > diamond
> > > ear  rings. The wife  is so excited. She  thinks her husband has
> flipped
> > > out-but she does  not care.
> > > She goes for  the tennis bracelet. The husband says  "but you don't
> > even
> > > play tennis, but  OK if you like it then let's get it."  The wife is
> > > jumping up and down so  excited she cannot even believe what  is
> going
> > on.
> > > She says "I am ready to  go, lets go to the cash register."
> > > The  husband  stops and says, "No, honey I  don't feel like buying
> all
> > > this stuff  now"
> > > The  wife's face goes blank. He says "Honey - I just want you to HOLD
> > > this stuff for  a while." The look on  her face is indescribable and
> she
> > > is  about to  explode and the husband says,
> > >
> > >  "You must not be in tune with my  financial needs as  a Man."
> > >
> >
>
>


I left Dave Onuscheck a voice mail about the issues, and asked him to give me
a call.


Attached are two draft letters to Ernst Haberli and Greg Chafee at Fort James
in regards to the above-referenced matter.  Please review and provide me with
your comments.

Thanks
Richard


Thanks


This CP has merged into PANCANADIAN ENERGY SERVICES INC.

If you do not wish to receive these notices, please let me know.


fyi
---------------------- Forwarded by Kay Mann/Corp/Enron on 12/21/2000 07:27
AM ---------------------------
   Enron Americas - Office of the Chairman
From: David Delainey and John Lavorato on 12/21/2000 02:02 AM
Sent by: Enron Announcements
To: ENA Employees
cc: Joe Kishkill/SA/Enron@Enron, Orlando Gonzalez/SA/Enron@Enron, Brett R
Wiggs/SA/Enron@Enron, Remi Collonges/SA/Enron@Enron, Jeffrey A
Shankman/HOU/ECT@ECT, Mike McConnell/HOU/ECT@ECT, Jeffrey
McMahon/HOU/ECT@ECT, Raymond Bowen/HOU/ECT@ECT, Louise Kitchen/HOU/ECT@ECT,
Philippe A Bibi/HOU/ECT@ECT, Rebecca
McDonald/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, James A
Hughes/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mark Frevert/NA/Enron@Enron, Greg
Whalley/HOU/ECT@ECT, Richard Shapiro/NA/Enron@Enron, Steven J
Kean/NA/Enron@Enron, James D Steffes/NA/Enron@Enron, Ben F
Glisan/HOU/ECT@ECT, Mark Koenig/Corp/Enron@ENRON, Rick Buy/HOU/ECT@ECT, John
Sherriff/LON/ECT@ECT, Jeff Skilling/Corp/Enron@ENRON, Kenneth
Lay/Corp/Enron@ENRON, Cliff Baxter/HOU/ECT@ECT, Michael R Brown/LON/ECT@ECT,
Mark Palmer/Corp/Enron@ENRON
Subject: Re-Alignment

Thanks to all of you, Enron North America has had an outstanding year in
2000.  Some of the more notable accomplishments include:
a) 100% plus increase in EBIT from 1999 actuals to 2000 forecast;
b) significant rationalization of the balance sheet including the sale of the
(i) Wind River/Powder River gathering assets, (ii) East Coast Power
generating assets, (iii) HPL and (iv) five of the six Eastern Peakers;
c) ENA is the leading energy merchant by a factor of two;
d) physical electricity volume grew by 34% YTD 1999 to YTD 2000 forecast;
e) natural gas volumes grew by 82% YTD 1999 to YTD 2000 forecast;
f) 500% growth in daily transactions from November 1999 to November 2000 due
to the highly successful Enron OnLine distribution channel; and
g) ENA reaching its 25% ROCE target.

These are truly outstanding accomplishments and our expectations for growth
and opportunity in Enron North America for 2001 are consistent with that
success.  In order to reach these goals, we felt it necessary to re-align a
number of our organizations. A number of these changes are completed.  The
goals of such re-alignment include:
a) increase overall productivity with the goal to ensure that every employee
is in a position to contribute regardless of skill set;
b) increase overall market coverage, deal flow and information generation
with the goal to increase bid/offer income, increase the velocity of deal
flow, improve customer coverage and promote quality information transfer to
our trading organization;
c) increase deal quality and earnings quality with the goal to (i) allocate
our resources towards the best transactions and (ii) significantly increase
our &mid-market8 originated transactions in our portfolio;
d) promote real time decision making and a closer tie between our trading and
origination (mid-market and structured) organizations in order to better
align those functions to reduce the amount of un-productive internal focus;
e) increase the overall velocity of the capital being utilized consistent
with our goal of a 25% plus return on capital employed; and
f) identify and recognize a host of new leaders in the organization that are
critical to meeting our goals next year.

With these objectives in mind, patterned after the successful business models
in Calgary and Portland, effective immediately the following changes are
being implemented:
a) East Power ) a single East Power Team incorporating trading, mid-market
and origination will be formed under the co-leadership of Kevin Presto and
Janet Dietrich who will report to the Enron Americas - Office of the Chairman
(EA OOC).  This team will have one income statement, one book and a joint
accountability. However, a clear delineation of responsibilities inside these
teams will continue to exist in which the trading organization will manage
the risk, income statement and product development aspects of the
partnership. The originators will have the primary responsibility to generate
origination income, provide coverage, deal flow, lead strategy formulation,
provide information and generate strategic positions.  Overall, the team will
be rewarded based upon increasing the value of the book, meeting
coverage/deal flow targets and meeting its strategic/growth goals in the
Eastern power markets. The team will be responsible for covering the IOU,s,
muni,s/co-ops, industrials and IPP,s and will utilize all ENA,s product
capabilities including the power commodity, assets and capital. The team will
further be broken down into several key strategic regions and business units
including:
  (i) ERCOT ) managed by Doug Gilbert Smith and Bruce Sukaly;
  (ii) NE ) managed by Dana Davis and Jeff Ader;
  (iii) Midwest ) managed by Fletch Sturm and Ed Baughman;
  (iv) SE ) managed by Rogers Herndon and Ozzie Pagan;
  (v) East Power Development ) managed by Ben Jacoby;
  (vi) East Power Structuring  - managed by Bernie Aucoin; and
  (vii) East Power Fundamentals and the &Genco8 ) managed by Lloyd Will

b) West Power ) there will be no changes to the Portland office which is
managed by Tim Belden and Chris Calger .  Both Tim and Chris will continue to
report to the EA OOC.
c) Canada and Mexico ) there will be no changes to the Canadian or Mexican
offices which are managed by Rob Milnthorp and Max Yzaguirre respectively.
Both Rob and Max will continue to report to the EA OOC.
d) U.S. Natural Gas ) there are several changes anticipated in this business
consistent with the goals and objectives described above. The changes
primarily affect the East, Central, West and Texas gas regions. Each region
will consist of a single gas team incorporating trading, mid-market and
origination. Each team will have one income statement, one book and a joint
accountability. However, a clear delineation of responsibilities inside these
teams will continue to exist in which the trading organization will manage
the risk, income statement and product development aspects of the
partnership. The originators will have the primary responsibility to generate
origination income, provide coverage, deal flow, lead strategy formulation,
provide information and generate strategic positions. Overall, the team will
be rewarded based upon increasing the value of the book, meeting
coverage/deal flow targets and meeting its strategic/growth goals in the
Eastern, Western, Central and Texas gas markets.  The team will be
responsible for covering the LDC,s, muni,s/co-ops, industrials, IOU,s, IPP,s
and the producers.  There will be an increasing focus on the upstream side of
the business including the producers, transporters and storage providers in
addition to market area opportunities. The team will utilize all of ENA,s
product capabilities including the gas commodity, assets and capital. Each of
these groups will report directly to the EA OOC;
East Gas ) a single East Gas Team incorporating trading, mid-market and
origination will be formed under the co-leadership of Scott Neal and Frank
Vickers who will be returning from Portland to join this team.
West Gas  ) in a similar manner, a West Gas Team will be formed co-managed by
Phillip Allen and Barry Tycholiz, who will be joining us in Houston from the
Canadian team. The Denver office under Mark Whitt will be integrated under
this team.
Central Gas )  in a similar manner, a Central Gas Team will be formed
co-managed by Hunter Shively and Laura Luce. The Chicago office will be
integrated into this team.
Texas Gas ) the Texas Gas Team will be managed by Tom Martin. This team will
continue to manage the gas trading business around HPL until the pending sale
is concluded in Q2 2001.  After the sale of HPL, this team will build a Texas
gas business without ownership of the HPL assets.
Financial ) this group will continue to be managed by John Arnold with no
significant changes.
Derivatives ) this group, lead by Fred Lagrasta, will offer derivative and
financial mid-market products and services to the natural gas market
specifically targeting CFO,s and treasury departments.  Fred will continue to
maintain certain existing mid-market accounts with a number of producer and
industrial accounts where relationships are well formed. Otherwise,
mid-market coverage will gravitate to the regions. The New York office gas
marketing efforts will continue to be managed by Fred.
Upstream Products ) this group, lead by Jean Mrha, will develop several
distinct product offerings for the upstream segment of the gas market.  This
group will develop and market the product in conjunction with the regions.
This is consistent with our desire to have a broader product offering and
greater market penetration in the upstream segment.  These products include
producer outsourcing, similar to our successful Petro-Canada and Suncor
relationships in Canada, physical storage re-engineering, compressor
services, wellhead liquidity products and offshore asset and capital
products.  In addition, Jean will manage our Bridgeline joint venture with
Texaco.
Gas Structuring ) this group will be lead by Ed McMichael, reporting to Frank
Vickers, will provide structuring and deal support to all the gas teams.
Gas Fundamentals ) this group will be lead by Chris Gaskill, reporting to
Hunter Shively, will provide fundamentals to all the gas teams.

Julie Gomez will continue to support the gas floor through several identified
projects including long-term supply/demand analysis and, natural gas
transportation capacity trading opportunities.

There is an expectation of some customer overlap between the gas and power
groups; for example, the combination utilities and the IPP,s.  The teams will
coordinate with regard to the combination utilities like Con. Edison or
PG&E.  With regard to the IPP,s, to the extent that the product offering
involves an underlying power position, the power teams will manage. We have
asked Janet Dietrich to coordinate such overlaps between the two
organizations in Houston.

e) Technical/Restructuring - In the effort to consolidate and centralize our
technical resources (engineering, development, operations, pipeline) to
ensure that this skill base is available to all ENA groups and utilized
productively across the organization, Brian Redmond will form and manage the
Technical Services Group.  This group will manage ENA,s technical risks and
will provide, on a cost basis, technical services for the entire ENA
organization. This group will manage the interface with EE&CC and OEC.  In
addition, the Restructuring Group, currently managed by Dick Lydecker, will
report to Brian Redmond.  This group is currently monetizing a large portion
of the merchant investment portfolio given our current strategies.  This
group will have continuing responsibility to manage troubled commodity and
capital transactions that need considerable time and attention to manage risk
and monetize.

In addition to these responsibilities, Brian will manage the pending sale and
transition of the HPL asset over the next couple quarters as regulatory and
securities approvals are obtained in order to complete the sale.  Brian will
report to the EA OOC.

f) Principal Investing  )  with the departure of Jeff Donahue to new
opportunities in EBS, ENA,s venture capital function will be managed by
Michael L. Miller.  This group makes small investments in distributed
generation, power quality and technology companies that can benefit from
Enron,s distribution channels and expertise.  Michael will report to the EA
OOC.

g) Corporate Development ) Tim Detmering will assume the corporate
development responsibilities for ENA as Jeff transitions to his new role and
will report to the EA OOC.

h) Generation Investments ) there will be no changes to this group managed by
Dave Duran. Dave will continue to report to the EA OOC.

i) Energy Capital Resources ) there will be no changes to this group
currently lead by C. John Thompson and Scott Josey.  John and Scott will
continue to report to the EA OOC.

As a final note in the interest of keeping things simple, Enron Americas will
have two operating divisions  - Enron North America and Enron South America.
As a result, we will continue to conduct business under these two operating
companies; therefore, eliminating the need to change legal entities et al.
If you are currently a commercial employee of ENA or ESA you will continue to
conduct business in that company.

We look forward to another exciting year in the North American energy
market.  This is certainly a company unrivaled in the marketplace with the
most talented employees.  The opportunities are endless.  We wish you and
your family a very happy and safe holiday season.


Chris,

How the hell are you?

Hope all is well.

I was wondering if you could forward to me a list of all of the pipeline
capacity and storage assets that you have on behalf of CES.  I am in the
process of setting up New Power on the respective pipes.

Credit is an issue.  To better know how much credit NPC needs, I thought it
would be good to see how much FT CES gets on each pipe.

Do you maintain a spreadsheet similar to the one you used to maintain for
EES' assets?

Can you tell what I have?  Make sense?

Thanks.
Mike


Mark,

Can you get this to open?  Is it funny?

Sarah

Sarah Hlavinka McConnell
Associate General Counsel
Compaq Computer Corporation
MS 110701
20555 SH 249
Houston, TX  77070-2698
Phone (281) 514-4933
Facsimile (281) 518-7501
sarah.mcconnell@compaq.com <mailto:sarah.mcconnell@compaq.com>

-----Original Message-----
From: Laura Hlavinka [mailto:Lhlavinka@stjosephbcs.org]
Sent: Tuesday, October 16, 2001 10:30 AM
To: McConnell, Sarah
Subject: FW: Why I'm an aggie

-----Original Message-----
From: Jennifer Stein [mailto:jglenney@hotmail.com]
Sent: Saturday, October 13, 2001 1:12 PM
Subject: Why I'm an aggie

This would be even more funny if the overlay of the tu logo wasn't so obvious!

>
>

  _____

Get your FREE download of MSN Explorer at http://explorer.msn.com <http://go.msn.com/bql/hmtag_itl_EN.asp>

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

From:  <kkenn2@jcpenney.com>
To: Karin Solimine <ksolimin@jcpenney.com>
Date: Friday, October 12, 2001 3:12:16 GMT
Subject:

Yeh

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

From:  <kkinsella@mail.ccsd.k12.co.us>
To: bkinsel@pisd.edu, pete.kinsella@ps.net, Langleycdl@aol.com, dorimcd@hotmail.com, ktwalsh@gateway.net, kristene@aol.com, mchillman@msn.com, khillman@grandhomes.com, azcat_oelze@hotmail.com, jkenney@cisco.com, kkenney@cisco.com, gprynn@cisco.com, lprynn@hotmail.com, zkpk@aol.com, kkenn2@jcpenney.com, timkenney@yahoo.com, lkenney@willers.employees.org
Date: Friday, October 12, 2001 2:51:00 GMT
Subject:

This is why I went to Texas A&M....  Have a good Friday!

---------------------------------
Do You Yahoo!?
Make a great connection at Yahoo! Personals.


Is there a call-in number? It is likely that I will be at V&E working on the pipeline financing.
Thanks.
Jordan

 -----Original Message-----
From: 	Elbertson, Janette   On Behalf Of Haedicke, Mark E.
Sent:	Tuesday, November 13, 2001 9:20 AM
To:	Schuler, Lance (Legal); Murray, Julia; Sager, Elizabeth; Cash, Michelle; Mintz, Jordan; Taylor, Mark E (Legal); Sanders, Richard B.; Del vecchio, Peter; Henry, Joseph
Cc:	Haldeman, Sandy; George, Carolyn; Wright, Alice; Sweet, Twanda; Forsyth, Darlene C.; Keiser, Holly; Keesler, Martha; Laird, Susan
Subject:	Legal Transition Committee

Mark Haedicke is having a Legal Transition Committee meeting today at 5:00 p.m. CST regarding legal transition issues.  The meeting will be held in EB3321.  Please plan to attend.

Thank you.

Janette Elbertson
on behalf of Mark E. Haedicke
Enron Wholesale Services
Legal Department
Telephone:  (713) 853-7906
Fax:  (713) 646-2600
e-mail:  janette.elbertson@enron.com


-----Original Message-----
From: 	"Kenneth G Gruhl" <kggruhl@duke-energy.com>@ENRON [mailto:IMCEANOTES-+22Kenneth+20G+20Gruhl+22+20+3Ckggruhl+40duke-energy+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Thursday, August 09, 2001 1:48 PM
To:	Mulligan, Amy; Allen K Nielsen; blreese@duke-energy.com; Beck Mayberry; wralkema@pplmt.com; Christopher S Smart; dacluff@duke-energy.com; dlsmith@pplweb.com; dtedesco@duke-energy.com; Schoolcraft, Darrell; Darren Stephens; David Bowers; David P Pell; George X Ouzounian; jjbischoff@pplweb.com; jmtaggart@duke-energy.com; jpritchard@citlink.net; James Stebbins; kglenny@duke-energy.com; Kim White; mschneider@duke-energy.com; Michael Kerr; Michael Wells; rjnewson@duke-energy.com; rspear@pplmt.com; Sherry Davis; Steven Fliflet; Steven Fliflet; tedmayes@aol.com; Ted Romo; Todd Hendricks; Tom Carlson; Tyler J Kristensen; ajreiter@duke-energy.com; kggruhl@duke-energy.com; pattersondw@bv.com; swansondj@bv.com
Subject:	Griffith Gas & Electric Estimate - Friday Aug. 10 HE 8:00 AM to Saturday Aug. 11 HE 7:00 AM

Notes:
1) Now anticipating relatively stable operation at reduced MW throughout
the weekend.
2) Testing upsets delayed until Monday or Tuesday.
3) Plant Outage start date also delayed until mid next week.
4) Showing 150 MW average for CT's.  Actual will depend on Chiller checkout
progress.

(Embedded image moved to file: pic31788.pcx)
 - pic31788.pcx


Gus:
Here are some questions, where we need a little more information on.  Thanks!
Ben


Chris,

I need to reinstall SQL on my machine.  Can you send me the link to the setup file in the IT directory.  I can't remember where it is.

Thanks.

Mat


These are the preliminary results of the Global Systems audit.  Not too bad.

---------------------- Forwarded by Mary Solmonson/HOU/ECT on 10/18/2000
12:04 PM ---------------------------

Mary Solmonson
10/18/2000 12:05 PM
To: Stuart Reed/NA/Enron@Enron
cc:
Subject: Global Systems Review - Completion of work, Closing meeting

fyi, my comments are:

SAP interface - we discussed an improved solution for implementation in 4th
Quarter earlier this week

Inactive Employees, etc - In the absence of a corporate process for keeping
this updated, the Global Managers do periodically review who has access and
request changes to access based upon their knowledge of current employee
assignments.  At best, this is a quarterly process.

Passwords -  they are right.  We probably need something.

---------------------- Forwarded by Mary Solmonson/HOU/ECT on 10/18/2000
12:01 PM ---------------------------

Russell Bouwhuis@ENRON
10/18/2000 11:46 AM
To: Stuart Reed/NA/Enron@Enron
cc: Mary Solmonson/HOU/ECT@ECT, Stephen Stock/HOU/ECT@ECT, Sundar
Chitradurga/HOU/ECT@ECT, Ravi Arumbakkam/Corp/Enron@ENRON, Cynthia
Davis/AA/Corp/Enron@ENRON, Gillian Boyer/AA/Corp/Enron@ENRON, Sean
Sipko/AA/Corp/Enron@Enron
Subject: Global Systems Review - Completion of work, Closing meeting

Stuart,

We have completed our work on the Global Systems (Counterparty, Contracts,
Facilities, and Common Codes) in accordance with the Enron North America 2000
Audit Plan.  We met with Sundar Chitradurga and Ravi Arumbakkam on the IT
side and Mary Solmonson on the business side in order to gain an
understanding of the application and its environment.  We were provided the
documentation we requested and are pleased with the cooperation we received.
We appreciate them making time to work with us in completing this audit.

We have closed our preliminary issues with Sundar and Ravi and we agree on
the items in the report.  I am attaching a copy of the preliminary report for
your review.  At Enron's request, the reporting date for the currently open
business audits has been moved to this Friday, the 20th of October.  They
were originally scheduled to report on the 27th.

We would like to give you an opportunity to read through this report and meet
with us to discuss any areas of concern prior to Friday's reporting.  We are
available today, the 18th, throughout the afternoon and all day tomorrow,
Thursday the 19th.  I will also call you this afternoon to discuss meeting to
go over each of these issues.  If you are comfortable with this report and do
not feel it is necessary for us to meet and discuss it, please let me know.
After we have agreed on the accuracy of all issues, they will be placed in
the final reporting format.  We will provide you a copy of the final report
when it is completed.

We appreciate your cooperation and efforts in this regard.

Thanks,

Russ Bouwhuis
3-3173


---------------------- Forwarded by Darron C Giron/HOU/ECT on 01/22/2001
10:11 AM ---------------------------

	Enron North America Corp.

	From:  Darron C Giron                           01/22/2001 08:24 AM

To: Mary Lynne Ruffer/HOU/ECT@ECT
cc:
Subject: Revised

See if this works.

DG


Attached is the referenced list.  No problems with this counterparty.


Louise,

I only spent an hour on this.  However, I would pass.  This would keep a lot of orig/tech/finance people employed for a while in order to manage it and then work off the pieces.

This looks like a fairly impressive private asset company - they appear to be good developers, acquirers, etc.  They even say that they that restructured 8 of their PPA's - presumably they restructured the ones that make sense - further reduces our restructuring proposition.

To me, the QF optionality goes like this:
- If you have a high-variable cost QF that operates as a baseload facility, the math works to shut it down or convert to a peaking PPA when the market is low.
- If the market is high, you have an easy-to-develop expansion.

Problem is, their assets appear to have low variable costs (coal and new gas) so the restructuring play does not jump out at me
...and we are bearish on development

At PV18, this could look like a good diversified low risk business - superior to most of our regulated businesses and most of our international businesses, but I think it would be real tough to get returns >30%.  Besides, I think someone will pay more for it.  Over half the net MW is new 7FA capacity - attractive to Calpine and the Calpine wanabees.   This is actually a cheap way for an IPP to hit its MW growth targets without blowing their brains out in the spot market.

Someone should pay up - not us.

Question: Did we form qf teams in the east and west because of the success of East Coast Power?  Was that success largely driven by the fact that we bought it cheap?  Or did we innovatively restructure the PPA?  If we brought innovative financing to the deal, isn't that the same as buying it cheap?  Was East Coast Power a formal auction or was it a negotiated deal?

I can dig into this some more if you'd like.  Our internal model would be my next step.  Let me know.

Regards,

Chris Calger
503-464-3735


----- Forwarded by Jeff Dasovich/NA/Enron on 02/14/2001 02:03 PM -----

	"Julee Malinowski-Ball" <jmball@ns.net>
	02/14/2001 11:26 AM
	Please respond to "Julee Malinowski-Ball"

		 To: "William Hall" <wfhall2@duke-energy.com>, "Tony Wetzel"
<twetzel@thermoecotek.com>, "Sue Mara" <smara@enron.com>, "Steven Kelley"
<steven@iepa.com>, "Steve Ponder" <steve_ponder@fpl.com>, "Steve Iliff"
<siliff@riobravo-gm.com>, "Stephanie Newell"
<stephanie-newell@reliantenergy.com>, "Ross Ain" <rain@caithnessenergy.com>,
"Roger Pelote" <roger.pelote@williams.com>, "Robert Lamkin"
<rllamkin@seiworldwide.com>, "Richard Hyde" <rwhyde@duke-energy.com>, "Randy
Hickok" <rjhickok@duke-energy.com>, "Paula Soos"
<paula_soos@ogden-energy.com>, "Nam Nguyen" <nam.nguyen@powersrc.com>, "Marty
McFadden" <marty_mcfadden@ogden-energy.com>, "Lynn Lednicky"
<lale@dynegy.com>, "kent Palmerton" <kent.palmerton@williams.com>, "Ken
Hoffman" <khoffman@caithnessenergy.com>, "Kate Castillo"
<ccastillo@riobravo-gm.com>, "Kassandra Gough" <kgough@calpine.com>,
"Jonathan Weisgall" <jweisgall@aol.com>, "John Stout"
<john_h_stout@reliantenergy.com>, "Joe Ronan" <joer@calpine.com>, "Joe Greco"
<joe.greco@uaecorp.com>, "Jim Willey" <elliottsa@earthlink.net>, "Jeff
Dasovich" <Jeff.Dasovich@enron.com>, "Jack Pigott" <jackp@calpine.com>, "Jack
Hawks" <jack.hawks@gen.pge.com>, "Hap Boyd" <rboyd@enron.com>, "Greg Blue"
<gtbl@dynegy.com>, "Frank DeRosa" <fderosa@sanfrancisco.usgen.com>, "Eric
Eisenman" <eric.eisenman@gen.pge.com>, "Eileen Koch" <eileenk@calpine.com>,
"Ed Tomeo" <ed.tomeo@uaecorp.com>, "Duane Nelson" <dnelsen@msn.com>, "Doug
Fernley" <fernley.doug@epenergy.com>, "Dean Gosselin"
<dean_gosselin@fpl.com>, "David Parquet" <dparque@ect.enron.com>, "Curtis
Kebler" <curtis_l_kebler@reliantenergy.com>, "Curt Hatton"
<Curt.Hatton@gen.pge.com>, "Craig Chancellor" <craigc@calpine.com>, "Cody
Carter" <cody.carter@williams.com>, "Carolyn Baker"
<cabaker@duke-energy.com>, "Bob Gates" <bob.gates@enron.com>, "Bob Escalante"
<rescalante@riobravo-gm.com>, "Bob Ellery" <bellery@spi-ind.com>, "Bill
Woods" <billw@calpine.com>, "Bill Carlson"
<william_carlson@wastemanagement.com>, "Larrea, John"
<John.g.Larrea@williams.com>, "Jan Smutny Jones" <smutny@iepa.com>, "Katie
Kaplan" <kaplan@iepa.com>
		 cc: "Dave Modisette" <dmodis@ns.net>
		 Subject: Yesterday's Sen Hearing

The Senate Energy Committee met yesterday afternoon and passed two very
important bills.

SB 6x (Burton/Bowen), as amended, would establish a state power and
financing authority. The measure passed on a party-line vote with no
Republican votes.  What makes SB 6x interesting to IEP members is that is
provides financing through the Authority for environmental improvements to
existing powerplants 30 years or older.  IEP testified in support of the
bill if it was amended to bind Authority,s eminent domain powers.  Senator
Burton agreed and IEP is currently drafting language on this issue.
Similarly, Burton agreed to work with Senator Morrow on language that would
limit the Authority to only supplementing private power generation and not
building power plants where they are not needed.   The amended version is
attached.

SB 33x, as amended, would authorize the Governor to enter into negotiations
with the IOUs to purchase their transmission system.  The Governor,s plan
would have to be approved by the Legislature by only a majority vote.  If
approved the Treasurer would have the authority to issue revenue bonds to
pay for the transmission system.  This measure also passed on a party-line
vote.  IEP submitted written opposition to the bill as introduced, but will
continue to voice its concern with the state being both a market participant
and owning the transmission system as the bill moves through the legislative
process.  The amended version is not in print yet.

Please contact me if you have any questions.

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

 - sbx1_6_bill_20010213_amended_sen.pdf


We are currently experiencing performance problems with the Performance
Management website.  This is due to the number of concurrent users accessing
the application.  Technology is working on a solution to the problems and
will keep you posted as the problems are remedied.

Thank you for your patience.


Steve--Joe, Rick and I expressed concerns about suing TVA under the NERC
"agreements".   Richard Sanders wants to have a conference call next week
with the outside counsel, Bob Madden.
---------------------- Forwarded by Christi L Nicolay/HOU/ECT on 12/17/99
04:13 PM ---------------------------
From: Christi L Nicolay on 12/10/99 08:49 AM
To: Richard Shapiro/HOU/EES@EES
cc: Elizabeth Sager/HOU/ECT@ECT, Joe Hartsoe/Corp/Enron@Enron
Subject: Re: TVA Control Areas - NERC Policies

ATTORNEY WORK PRIVILEGE

NERC is establishing penalties for violations of many of its rules, beginning
in 2000.  I have talked with Kevin Presto and the other operators and
transmission people and hourly desk repeatedly about this.  Generally, we
feel that we can remain in compliance and many of the operational rules are
valid for reliability.  However, then we run into the "interpretation" issues
that have plagued us this summer.  I think one problem is separating the
valid "operational" reliability rules from the rules (like ATC) that have a
huge market impact and can be misinterpreted and manipulated.  Until FERC
actually reviews and approves NERC rules, I share Rick and Joe's concerns.

Richard Shapiro@EES
12/09/99 12:08 PM
To: Elizabeth Sager/HOU/ECT@ECT
cc: Joe Hartsoe/Corp/Enron@Enron@ECT, Christi L Nicolay/HOU/ECT@ECT
Subject: Re: TVA Control Areas - NERC Policies

I have some concern over the impact to us if we were to take the  position
you suggest.--  I'm not sure we would be comfortable with NERC rules
constituting the equivalent of a contract given how "wonderful" so many of
their rules are. Will be interested to hear from Joe and Christi. Thanks.


Chris Kim and Justin Bates are interviewing for a position in Real Time. I have already provided copies of their resumes for review.  Mt. Rainier has been reserved at 8:00am and at 10:00am.

Here is the interview schedule for Friday, June 22nd, 2001:

	8:00am PDT, Mt. Rainier		Justin Bates (503.605.5587)
	10:00am PDT, Mt. Rainier		Chris Kim (213.739.3129)

If you have any questions, please let me know.


Are you able to meet with Tom and I on a different project, which includes LM
6000's.  I have begun the modeling and we wanted to run through the numbers
of this facility with you.  Please let me know what is a good time for you to
meet with us.  Thanks
Ben


This relates to the message on missing deals.
---------------------- Forwarded by Daren J Farmer/HOU/ECT on 01/18/2000
05:02 PM ---------------------------

Julie Meyers
01/18/2000 03:41 PM
To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: Re: Meter 989614

Heads up on this.  They will be putting in a firm ticket starting in January.

I have explained what a problem this causes your group, and we are working on
a solution.  Unfortanuately, this whole thing was missed, until Susan started
asking for a ticket.

Julie

---------------------- Forwarded by Julie Meyers/HOU/ECT on 01/18/2000 03:39
PM ---------------------------

Vance L Taylor
01/18/2000 03:29 PM
To: Julie Meyers/HOU/ECT@ECT, Donald P Reinhardt/HOU/ECT@ECT
cc:
Subject: Re: Meter 989614

Yes,

vlt

Julie Meyers
01/18/2000 03:11 PM
To: Vance L Taylor/HOU/ECT@ECT
cc:
Subject: Re: Meter 989614

Will this be for January forward?

Vance L Taylor
01/18/2000 03:08 PM
To: Julie Meyers/HOU/ECT@ECT
cc: Susan D Trevino/HOU/ECT@ECT, Pat Clynes/Corp/Enron@ENRON, Melissa
Graves/HOU/ECT@ECT, Donald P Reinhardt/HOU/ECT@ECT, Susan Smith/HOU/ECT@ECT
Subject: Re: Meter 989614

Julie,

I have received the partially executed committed reserves contract from
Etoco.  The contract not only has meter #9614 attached to it but also meters
9651 & 9672.  We will generate a ticket to be entered into sitara ASAP.

vlt
x3-6353

Julie Meyers
01/18/2000 02:39 PM
To: Vance L Taylor/HOU/ECT@ECT
cc: Susan D Trevino/HOU/ECT@ECT, Pat Clynes/Corp/Enron@ENRON, Melissa
Graves/HOU/ECT@ECT
Subject: Meter 989614

What is the status of this meter.  This was the deal that was under Etoco.
Have we gotten a ticket setup yet?

Julie

---------------------- Forwarded by Julie Meyers/HOU/ECT on 01/18/2000 02:38
PM ---------------------------

Susan D Trevino
01/18/2000 11:17 AM
To: Julie Meyers/HOU/ECT@ECT
cc: Pat Clynes/Corp/Enron@ENRON
Subject: Meter 989614

Julie,  will there be a new deal/contract set up for this meter?  There are
valid actuals for 1/1 and 1/2 and I need to allocate these volumes to a
contract otherwise I will keep getting an allocation exception error.
Thanks, Susan.

---------------------- Forwarded by Susan D Trevino/HOU/ECT on 01/18/2000
11:11 AM ---------------------------

Susan D Trevino
01/12/2000 11:20 AM
To: Julie Meyers/HOU/ECT@ECT
cc:
Subject: Meter 989614

Julie,

Per our conversation yesterday,  the deals/contracts associated with this
meter have been terminated as of 12/31/99.  Please let me know what the
status is on this matter because the meter is still active and flowing and
there is no contract to allocate to.

Thanks,
Susan
x35796


Sorry about the delay.

	Janet Place@ENRON
	07/20/2000 11:06 AM

		 To: Mark Taylor/HOU/ECT@ECT
		 cc:
		 Subject: Arbritation clause-ISDA

Mark,
     I was wondering if you had an opportunity to look up the abritration
provision that you favor. Any help you could provide would be greatly
appreciated. Thanks Janet


Christie,

Shirley reserved room 49C1 for Monday 4:00 p.m.  presentation.

Can you  issue the formal invitation to our guests with the game/dinner
details? I don't have all the details regarding the Enron Field
box and time. I am out most of the day on Wednesday but we can
discuss the details on Thursday.

Hope to see you on Saturday at  the concert.

Vince