Please see attached the July first of the month prices corresponding to the
deal list you provided me.  Sorry for the delay, but I.T. ran into a major
snag when they tried to pull these.

Thanks,

Errol McLaughlin -- X5-8274

GDP-CAL BORDER    4.91
GDP-CGT/APPALAC   4.52
GDP-CHI. GATE  4.43
GDP-CNG/APPALACH  4.56
GDP-HEHUB   4.36
GDP-ELPO/PERM2  4.35
GDP-ELPO/SANJUA  4.12
GDP-HPL/SHPCH  4.38
GDP-KERN/OPAL  3.92
GDP-MALIN-CTYGA  4.47
GDP-MICHCON   4.45
GDP-NTHWST/CANB  4.07
GDP-PAN/TX/OK  4.20
GDP-PG&E/CITIGA  4.97
GDP-TENN/500  4.24
GDP-TRCOZ6/NY  4.93
GDP-TETCO/M3  4.72
GDP-WAHA   4.27
NW STANF/1ST-GD  4.02


Tracy:

I have not heard from Jan.  Please consider the attached as a back of the envelope preliminary analysis based on readily available information provided by Dan and Jan.

Call me if you have any questions.

Denis

X 35648

 -----Original Message-----
From: 	Tu, Denis
Sent:	Thursday, October 25, 2001 9:55 AM
To:	Fancler, Dan; Moore, Jan
Subject:	SAN JUAN IMBALANCE GAS ANALYSIS

Attached is a draft analysis of comparing revenues from different uses of some of the TW excess retained fuel for this year:

Keep San Juan shippers whole and get imbalance gas back by year end

Cut San Juan shippers deliveries and sell excess retained fuel right away

A break even settled San Juan imbalance gas cash out price is determined.

If the settled cash out price is above $4.23/MMBtu, keeping the shippers whole is a better alternative.

Please review and comment on the draft analysis and make sure that I didn't misinterpret the information provided by you.

Thanks!


?
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															Enerfax Daily

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																							Enerfax  Daily? -? Page  ? -? November 15,  2000

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																													Enerfax  Daily? -?  Page 4? -?  November 15, 2000 -? ?  Past  Issues
Available on Sagewave

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																					US  Negotiates at Climate Meeting

																					? ?  At the UN conference in the Hague, environmental groups are accusing
the US of seeking loopholes to avoid cutting pollution. The  conference
opened to set rules for reducing harmful gases released  into the atmosphere.
One major issue revolved around how much  countries could trade off against
their commitments to roll back  their own pollution by helping other
countries reduce theirs or by  planting new forests to absorb greenhouse
gases. The US advocates  unlimited emissions trading, but the EU and some
developing  countries fear it will defeat the effort to force the biggest
polluters to change their ways. The US argues that emissions trading  is the
most cost-effective way to meet the global target of reducing  greenhouse
gases by 5.2% from 1990 levels, and would give time for  the transition to
cleaner energy and expensive new technologies.  About 6,000 bureaucrats,
scientists, environmentalists and  businessmen attended the opening. That
number was expected to grow  to 10,000 during the second week with the
arrival of 100 government  ministers for the culmination of negotiations.
Months of talks have  preceded the conference. Three years ago at Kyoto,
governments drew  up targets for rolling back emissions of carbon-based gases
but  could not agree on the details. Europe agreed to cut emissions by  8%,
the US by 7% and Japan by 6%. Each was allowed to decide how it  would make
the required reductions. So far, 30 countries have  ratified the Kyoto
Protocol. Mexico is the most industrialized  country on the list, and none is
among the heaviest polluting  countries. The agreement needs the ratification
of 55 countries,  representing at least 55% of the harmful emissions, before
it will  come into force.

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																									Allegheny to Buy Power Plants from Enron

																									?  ? ?Allegheny Energy plans to buy three natural gas fired  power plants in
the Midwest from Enron. Terms have not been  disclosed. The plants, which
opened in June, are in Wheatland, IN;  Manhattan, IL; and Gleason, TN. They
can generate a total of 1,710  MW of electricity. Allegheny plans to pay for
the plants with stock  and debt. The purchase is expected to close in the
second quarter.

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Ted, thanks for forwarding.  They are great.
mike


Joann -

To open the TIFF file, try "open with" then "Imaging."

Mike

>>> joann.scott@FERC.FED.US 12/01/01 01:22PM  >>>
Attachment B  doesn't open with my view file.  Next option??
>>>  MRP@DWGP.COM 11/30/01 07:02PM >>>
Attached are State Water Contractors' responses to FERC Staff discovery  requests 1-18.  Use "open with" option to access documents.  The TIFF  file opens with the viewer option.


Dear Mr. Abby:

Q: My husband wants a threesome with my best friend and me.

A: Obviously your husband cannot get enough of you! Knowing that there is
only one of you he can only settle for the next best thing - your best
friend. Far from being an issue, this can bring you closer together. Why
not get some of your old college roommates involved too? If you arestill
apprehensive, maybe you should let him be with your friends without you.
If you're still not sure then just perform oral on him and cook him a nice
meal while you think about it.

Dear Mr. Abby:

Q: My husband continually asks me to perform oral sex on him.

A: Do it... Sperm can help you loose weight and gives a great glow to your
skin. Interestingly, men know this. His offer to allow you to perform oral
sex on him is totally selfless. This shows he loves you. The best thing to
do is to thank him by performing it twice a day. Then cook him a nice meal.

Dear Mr. Abby:

Q: My husband has too many nights out with the boys.

A: This is perfectly natural behavior and it should be encouraged. The man
is a hunter and he needs to prove his prowess with other men. A night out
chasing young single girls is a great stress relief and can foster a more
peaceful and relaxing home. Remember, nothing can rekindle your
relationship better than the man being away for a day or two (it's a great
time to clean the house too)! Just look at how emotional and happy he is
when he returns to his stable home. The best thing to do when he gets home
is for you and your best friend to perform oral on him. Then cook him a
nice meal.

Dear Mr. Abby:

Q: My husband doesn't know where my clitoris is.

A: Your clitoris is of no concern to your husband. If you must mess with
it, do it in your own time or ask your best friend to help. You may wish to
videotape yourself while doing this, and present it to your husband as a
birthday gift. To ease your selfish guilt, perform oral sex on him and coo
him a delicious meal.

Dear Mr. Abby:

Q: My husband is uninterested in foreplay.

A: You are a bad person for bringing it up and should seek sensitivity
training. Foreplay to a man is very stressful and time consuming. Sex
should be available to your husband on demand with no pesky requests for
foreplay.  What this means is that you do not love your man as much as you
should he should never have to work to get you in the mood. Stop being so
selfish!Perhaps you can make it up to him by performing oral sex on him and
cook him a nice meal.

Dear Mr. Abby:

Q: My husband always has an orgasm then rolls over and goes to sleep never
giving me one.

A: I'm not sure I understand the problem. Perhaps you've forgotten to cook
him a nice meal.

******************************************************************
This email and any files transmitted with it from the ElPaso
Corporation are confidential and intended solely for the
use of the individual or entity to whom they are addressed.
If you have received this email in error please notify the
sender.
******************************************************************


looks fine.
PL


We had fun.  Shanna got sick, though, so we left around 1.  You?

Nick Hiemstra
05/01/2000 07:58 AM
To: Eric Bass/HOU/ECT@ECT
cc:
Subject: Re: GAME TONIGHT @ 7:45

I should be there, work permitting.  Good time Saturday night?

	Enron North America Corp.

	From:  Eric Bass                           05/01/2000 07:53 AM

To: Brian Hoskins/HOU/ECT@ECT, Luis Mena/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Amir Ahanchian/HOU/ECT@ECT, Matthew Lenhart/HOU/ECT@ECT, Timothy
Blanchard/HOU/EES@EES, Bryan Hull/HOU/ECT@ECT, Jeffrey C Gossett/HOU/ECT@ECT,
O'Neal D Winfree/HOU/ECT@ECT, David Baumbach/HOU/ECT@ECT, Kenneth
Shulklapper/HOU/ECT@ECT, Nick Hiemstra/HOU/ECT@ECT
cc:
Subject: GAME TONIGHT @ 7:45

If the weather holds out ...  Let me know whether or not you will be there.
Please try to make it by 7:15.


fyi
----- Forwarded by Steven J Kean/NA/Enron on 02/09/2001 07:58 AM -----

	Ken Rice@ENRON COMMUNICATIONS
	02/08/2001 10:07 PM

		 To: Philippe A Bibi/HOU/ECT@ECT@ENRON
		 cc: Steven J Kean/NA/Enron@ENRON
		 Subject: Re: 363 numbering

I think it would be very cool also and I would be willing to help as long as
I don't have to spend any time or money.  The best source for this kind of
help would be Steve Kean and Mark Palmer.

	Philippe A Bibi@ECT
	02/08/2001 10:34 AM

		 To: Ken Rice/Enron Communications@Enron Communications
		 cc:
		 Subject: 363 numbering

Ken,

I mentionned to Jeff that it would be cool if we could have a 363 (ENE) area
code for Houston he thinks its a great idea.
We need to lobby do you have any desire to help?

I know that in the overall scheme of things this is really not important but
I think that this should be followed up.

Let me know what you think

Regards

P.

---------------------- Forwarded by Philippe A Bibi/HOU/ECT on 02/08/2001
10:36 AM ---------------------------
From: Martin Bucknell/ENRON@enronXgate on 02/08/2001 10:11 AM
To: Philippe A Bibi/HOU/ECT@ECT
cc: Tony Alvarado/ENRON@enronXgate, Jenny Rub/ENRON@enronXgate
Subject: 363 numbering

Philippe,

Here is an outline of the 363 numbering information we talked about, the
process is very complicated and may need us to set down with the senior
management to explain how it works and the implications, my suggestion is
that Ken Rice would be the best one to take it forward, as he understands the
market and has some profile as the head of a bandwidth / telecoms company

Tony Alvarado is the lead for this one, his extension is 37801 let me know
how you want to proceed


Larry and Joe,

Is there any additional moral pressure that we can put on Westinghouse to get
the resources needed to expedite the resolution of the Gleason 501FD issues
and the vibration issues at Wheatland?  The phone call by Larry to GE has
made a world of difference.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 05/17/2000
08:18 PM ---------------------------

Gavin Gaul@ENRON_DEVELOPMENT
05/17/2000 03:01 PM
To: Mark Dobler/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: John Normand/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mike J
Miller/HOU/ECT@ECT, Mitch Robinson/Corp/Enron@Enron, David W Delainey@ECT,
Robert P Virgo@ECT, Bill Fox/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Larry L
Izzo/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Dennis
Alexander/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: Re: Gleason Blade Ring Schedule

Mark,

We have been working diligently with Westinghouse to get a schedule for the
removal and modification of the blade rings at Gleason.  I requested
Westinghouse begin to prepare for this work on Sunday after you confirmed
that we could no longer tolerate the operating restriction being added to the
unit.  Based on discussions with Westinghouse on Sunday, we estimated that
the work could be completed in 14 days.  The site began disassembly of unit
#2 on Monday.  Unit #1 disassembly began on Tuesday because we had to wait
for the unit to cool down.

The first verbal schedule from Westinghouse was received Monday night.  It
showed the blade rings being machined in series at a single shop and resulted
in the lasy unit being delayed about 4 days.  I told Westinghouse this would
not be acceptable and that the blade rings needed to be machined in
parallel.  Westinghouse agreed and has made a second shop available.  Another
schedule was published yesterday afternoon that required an additional step
in the disassembly that I felt was not required and added a day to the
duration.  Westinghouse suggested that we remove the compressor blades from
the rotor before we remove the blade rings.  I have since concluded that
removing the rotor blades first is in fact the correct procedure.

As we discussed at the meeting this morning, this schedule for the blade
rings, which has been at the site since last night,  will be distributed to
everyone today.  In addition, the site will incorporate the remaining startup
activities and issue an integrated schedule tonight.

As we discussed at the meeting this morning, it is very unlikely that Gleason
#1 and #2 can be available by June 1.  Our optimistic estimate from the
meeting this morning was June 4-7.

Gavin

To: John Normand/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Gavin
Gaul/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Mike J Miller/HOU/ECT@ECT, Mitch Robinson/Corp/Enron@Enron, David W
Delainey@ECT, Robert P Virgo@ECT, Bill
Fox/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Larry L
Izzo/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: Gleason Blade Ring Schedule

John/Gavin -

We have made progress over the last week in getting GE attention focused on
the emissions problems at Lincoln.  After 6 days of daily conferences on the
subject, GE has arrived in force at Lincoln, with the personnel and resources
required to address the problem.  We are not out of the woods yet, but I
believe everything is now being done that can be done to get as many machines
available as possible by June 1.

Enron needs the same focus from Westinghouse, on  issues currently plagueing
Wheatland and Gleason.  Unlike Lincoln, where the machines are capable of
producing MW's, these two sites have units that cannot operate.  Namely,
vibration issues on units 1 and 2 at Wheatland and compressor blade ring
issues on units 1 and 2 at Gleason.

ENA has been requesting since Monday this week, a definitve and complete
schedule from EECC, showing the disassembly, shipping, machining, reassembly
and testing of units 1 and 2 blade rings at Gleason.  We still do not have
this schedule.  Furthermore, it would appear that after this morning's
meeting, there is some confusion on what work actually needs to be performed
in order to accomplish this task and what impact that may have on the 14-day
schedule committed to ENA by Gavin Gaul on 5/15.  I am not sure whether the
communication breakdown is between business units at Westinghouse or between
Enron and Westinghouse, but a schedule and plan is the first step towards
getting the work done and we are two days into the work.  I am expecting this
plan to be circulated today.

Lastly, although we have been verbally assured by Westinghouse that there
will be no operating restrictions, other than routine borescope inspections
during off-peak periods, OEC would be more comfortable getting this in
writing.  We are requesting a formal notice from Westinghouse, identifying
any operational restrictions (post-blade ring repair) on these units.

If there is any assistance you require, please do not hesitate to request
it.  We collectively have 14 days to declare all 15 units ready for
commercial operation.

MSD


Jim.

You may find this presentation about the Cuiaba story interesting .  I
developed it March 99 as a training tool for our new developers.  It took me
through December 99 to negotiate the remaining PPA indexation issues.  There
are two embedded Word files in the document (Sept 97 logs). From your
perspective,  you can subtitle it  "make up the regulation on-the-go". Such
is life in the developing world. When you read the log you will see that
under the circumstances, you always have one foot in and another out (getting
ready to terminate)

Rick Lammers is still continuing to close financing but facing other issues.
Primarily,  1) construction delays in the pipeline due to governmental
interference with the route (after getting construction license), 2)
technical problems with the Siemens turbines, 3) getting consent documents
out of the public entity bureaucracy, 4) getting the Central Bank to clarify
the US$ account regulations for the project.

Jose


i'm just entering those deals.

Evelyn Metoyer@ENRON
02/09/2001 12:57 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: 2-9-01 Checkout

I am missing the following deals for Matt Motley per Prebon:

Buy from Salt River Project 25 mw of March Palo Verde at $205
Sell to Merrill 25 mw of Q3'01 NP -15 at $272
Sell to SMUD 50 mw of Q3'01 NP-15 off-peak  $165
Buy from Duke 50 mw of MEAD CAL'02- Cal'06 at $84
Sell to Duke 50 mw of Palo Verde Cal'02-Cal'06 at $75


Shirley,
do you think we can get another room with better speaker phone?
Or, may be we can get better speaker phone?

Tanya

Viacheslav Danilov
04/19/2001 12:58 PM
To:	Tanya Tamarchenko/HOU/ECT@ECT
cc:	Stig Faltinsen/EU/Enron@Enron, Kirstee Hewitt/LON/ECT@ECT
Subject:	VaR meetings in Houston

Hi Tanya,

in my view it is very good if Stig and Kirstee are involved in your VaR meetings. Therefore, I think it is very useful for them to call Houston.

Could we get a little bit better equipment to allow them to hear everything well?

many thanks,

Slava

---------------------- Forwarded by Viacheslav Danilov/LON/ECT on 19/04/2001 12:55 ---------------------------

Stig Faltinsen@ENRON
19/04/2001 16:23
To:	Viacheslav Danilov/LON/ECT@ECT
cc:	Kirstee Hewitt/LON/ECT@ECT

Subject:	VaR meetings in Houston

Hi Slava,

Kirstee and I find it useful to listen in on the VaR meetings in Houston on Wednesdays.
However, it is very difficult to follow the discussion due to a practical problem: we hear little or nothing at times.
A possible solution to this problem might be to ask whether one could install a "spider phone" in the VaR meeting room.
What I mean is a phone similar to the one in the RAC morning meetings which have several remote speakers going out
from the main phone (do you understand what I mean?). If this is done, we would  hear everyone around the table,
not just those seated close to the phone.

What is you opinion on
A. us in  London calling in  to these meetings
B. getting some better equipment which would make it easier to follow the conversation ("spider phone" or  bigger speaker ..)

Please let me know what your thoughts are,

Best regards,

Stig

<Embedded StdOleLink>


I'm wolfing down some pasta and will be over as soon as I get through.  Do you want to go over the stuff with me?

Kathleen

 -----Original Message-----
From: 	Mann, Kay
Sent:	Wednesday, December 12, 2001 1:13 PM
To:	Carnahan, Kathleen
Subject:

I'll give you $5 to help me finish up MDEA.  Don't make me beg.


PRC Meetings begin on Monday, November 20th.  If you have not already done
so, please go in to PEP at http://pep.corp.enron.com and complete the
requests for feedback on the employees listed below.

If you have any questions, please call the PEP Help Desk at:

Houston:  1-713-853-4777, Option 4
London:  44-207-783-4040, Option 4
E-mail:  perfmgmt@enron.com

Thank you for your participation.

    CHRISTIANSEN, SUZANNE D
    FRANK, CAROLE C
    GAY, RANDALL L
    LENHART, MATTHEW F
    LUCCI, PAUL T
    WOLFE, JASON


Dave and my comments were very similar...I want to forward my memo to the
larger group b/c it contains some background information for those not as
familiar with the environmental regs.

Mary Schoen
Environmental Strategies
Enron Corp
713-345-7422


Stuart:
Here is their response to our Draft version.  Let me know what you think.
Thanks
Ben


Dave, please disregard my previous e-mail about the date and location in June, unless June 4-7 in Park City, UT, is not it.  As Jeff has to be in Wyoming on the evening of the 7th, it is possible that he speak in Park City that morning and then go on to Wyoming for the dinner he's attending there.  I'll be back in touch once Jeff has seen this e-mail and responded with his interest...SRS

David W Delainey@EES
04/30/2001 05:12 PM
To:	Jeff Skilling/Corp/Enron@ENRON
cc:

Subject:	Macerich Conferences

Jeff,

I will be heading out to Macerich's offices to meet Macerich's management team. At that meeting, we will be discussing the outsource and the future relationship between the companies.  He would also like me to speak to his direct reports about change management and other cultural characteristics of Enron.  However, he would really like you to provide a presentation on the same general topics to the Macerich Company Conference in June.  He has heard you speak and believes your approach and perspective can benefit the conference.

Obviously, these guys are an important relationship and reference for our commercial and real estate business.

Let me know your interest.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/EES on 04/30/2001 05:05 PM ---------------------------

Angela Schwarz
04/27/2001 04:17 PM
To:	David W Delainey/HOU/EES@EES
cc:	Jeremy Blachman/HOU/EES@EES
Subject:	Macerich Conferences

these are the conferences we discussed on Thursday.    Will discuss further with you on Monday.  thanks

ams
---------------------- Forwarded by Angela Schwarz/HOU/EES on 04/27/2001 04:16 PM ---------------------------

Eric_Salo@macerich.com on 04/27/2001 02:09:53 PM
To:	aschwarz@enron.com
cc:	Arthur_Coppola@macerich.com, Rick_Bayer@macerich.com, David_Contis@macerich.com
Subject:	Macerich Conferences

Angela - thanks for making time to have dinner with us on Wednesday:  it
was great to see you.

As Art mentioned, since the time we have started working with you, we have
made frequent references to our operating teams about Enron's
accomplishments in the areas of customer excellence and employee
satisfaction.  More generally, we've held Enron out as an example of a
highly accomplished company in all the areas Macerich is currently focusing
on as an organization (operational integration, customer orientation,
scalability, change leadership, and strategic focus).

All of that being said, we would be extremely appreciative of an
opportunity to have either Jeff Skilling or Dave Delainey speak at either
of these conferences.  In any event, we're delighted that you would make an
effort to see if this can be put together.

Relative to upcoming Macerich events, there are two scheduled:

(1) University of Notre Dame Executive Education Program, May 7 - 9 in
South Bend.  The curriculum is centered on change leadership and strategic
thinking (officially "Enhanced Leadership and Strategy in the New
Economy").  Attendees include our Executive Team (Art, David, Rick,Tom, Ed,
and Larry Sidwell) and our Operating Team (17 SVPs).  There is also a
round-table discussion scheduled with our Board on May 9.

(2) Macerich's Company Conference, June 4 - 7 in Park Cities, Utah.  The
emphasis of the conference will be on our "e-Business Transformation" (more
specifically on becoming wholly integrated across functional roles,
customer facing, and highly scalable) and capturing value in our "Value
Network" (relationships we have with retailers, partners, vendors,
shoppers, etc.)  The attendees for this event include the same people at
UND as well as our managerial professionals from the malls and our
corporate offices (about 250 people, total).

Let me know if you need any additional background or information.

Eric


As promised, please find the attached agenda for our follow-up meeting regarding CPM and additional P&L requirements.  See you at 1:00...

Steve


Thank you.  That was quick.

DG

 -----Original Message-----
From: 	Hogan, Irena D.
Sent:	Thursday, September 27, 2001 3:53 PM
To:	Giron, Darron C.
Subject:	RE: Carole Frank's Letter of Recommendation

Done

 -----Original Message-----
From: 	Giron, Darron C.
Sent:	Thursday, September 27, 2001 3:50 PM
To:	Hogan, Irena D.
Cc:	Frank, Carole
Subject:	FW: Carole Frank's Letter of Recommendation

Irena,
Please print the attached file on Enron letterhead and give it to Carole.  Thanks.

DG

 << File: FrankRecommend.doc >>

 -----Original Message-----
From: 	Frank, Carole
Sent:	Thursday, September 27, 2001 2:21 PM
To:	Giron, Darron C.
Subject:	RE: Carole Frank's Letter of Recommendation

Darron,

Thank you so much.  It is an awesome letter. I appreciate the time and effort you spent.  One favor...do you think you could ask your admin to put the letter on letterhead?  Jeff wants hard copies, and I thought stationary would look nice.  If not, I can ask her.  Irena, right?  Thanks again.  Have fun in Chicago and tell Phillip hi for me!

Carole

 -----Original Message-----
From: 	Giron, Darron C.
Sent:	Thursday, September 27, 2001 2:06 PM
To:	Frank, Carole
Subject:	RE: Carole Frank's Letter of Recommendation

Let me know what you think.  Please add any changes you want.

DG

 << File: FrankRecommend.doc >>

 -----Original Message-----
From: 	Frank, Carole
Sent:	Friday, September 21, 2001 1:39 PM
To:	Lagrasta, Fred; Grigsby, Mike; Ermis, Frank; Giron, Darron C.
Cc:	Bike, Anne
Subject:	FW: Carole Frank's Letter of Recommendation

Also, the letter should be addressed to Jeff Davis in HR for the Analyst Program.

Carole

 -----Original Message-----
From: 	Frank, Carole
Sent:	Friday, September 21, 2001 1:32 PM
To:	Ermis, Frank; Lagrasta, Fred; Grigsby, Mike; Giron, Darron C.
Cc:	Bike, Anne
Subject:	Carole Frank's Letter of Recommendation

Thank you for agreeing to write a letter of recommending me for the Analyst Program.  I appreciate your time and opinion.  I have included a one page outline to help give you an idea of my accomplishments, job performance, and job development.  This outline is a guideline to help you.

Please let me know if you have any questions.  Thank you again.

Sincerely,

Carole Frank

 << File: Outline for Carole.doc >>


FYI.....
-----Original Message-----
From: Frazier, Doug [mailto:Douglas@chelanpud.org]
Sent: Thursday, October 04, 2001 12:54 PM
To: Interchange Scheduling & Accounting Subcommittee (ISAS)
Subject: RE: Business Practice #11

I have to tell you more than you want to know to preface this response.
There are 5 hydro projects in the Mid-Columbia region. These 5 projects are owned and controlled by 3 control areas - Douglas County PUD, Chelan County PUD and Grant County PUD. Some of the generation from these 5 projects has been sold on a long-term basis to several participants. I'm not familiar with the term "take away rights", but every mwh generated at these 5 projects is either used for load in the 3 control areas or it is moved away to participant's control areas. The fact that some want to represent their share of generation as being part of a "single bus" and claiming it can be moved away without naming a transmission provider does not accurately represent the transfer of energy from one control area to another. Douglas, Chelan and Grant are the only control areas at the Mid-Columbia with other adjacent control areas.

Each participant has transmission capability (either their own or purchased) to transfer their share of generation from one of our control areas to their own. These transmission paths serve one of two purposes. 1) dynamic schedules or fixed schedules to serve load or 2) transfers for sale or resale.

The "single bus" idea at the Mid-C will soon be correctly represented for 4 of the 5 projects. Chelan and Grant plan to combine their control area boundaries (for scheduling and tagging purposes only) and call it the Mid-C HUB. This HUB is registered as a TP with NERC as MHUB and will accomodate transfers of energy BETWEEN participants. All other transactions will require other transmission to move energy OUT OF the Mid-C HUB. Douglas County PUD is not part of the Mid-C HUB or MHUB.

-----Original Message-----
From: Hackney, Mark W(Z39911) [ <mailto:Mark.Hackney@aps.com>]
Sent: Wednesday, October 03, 2001 3:04 PM
To: Interchange Scheduling & Accounting Subcommittee (ISAS)
Subject: Business Practice #11

"For transactions that occur at only one bus (i.e. no OASIS/GF transmission
involved) use a willing TP on the second line with the same PSE as on the
first line and the words "Single Bus" in the OASIS reservation field and
"7-F" as the Product."

Is this practice not being practiced?  I've seen/heard that at the MID
Columbia folks selling energy to those who have take away rights at MID C
are have their tags denied because the tag creators are not using a "TP
specific transmission path or designation".  It was agreed to use "Single
Bus" in these situations to avoid the implications of transmission service
where no transmission service was necessary from the MID C.

If the sink control area is bringing the energy back to their system at that
point then the sink should have it indicated that it's not a single bus for
their transmission portion, but may be "GF" or "No reservation required"
from the bus to the system.  But in this circumstance then the path is not
MIDC-MIDC but MIDC-SYS.  That's my take.  Others wish to pipe in?

Mark W. Hackney
Section Leader
Pre and Real-time Transmission Scheduling
APS OATT Administration
Arizona Public Service Company
602.250.1128 - Office
602.908.1423 - Cell
602.250.1155 - Fax
<mailto:Mark.Hackney@aps.com>
_________________________________________________________________
Click to add my contact info to your organizer:
<http://my.infotriever.com/cc2tf0ey>


Tana:
Per my voice mail, Luannne Giessen's phone number is 212-902-0580.
Carol


-----Original Message-----
From: 	Vanderhorst, Barry
Sent:	Tuesday, May 28, 2002 2:56 PM
To:	Germany, Chris
Subject:	RE: Physical Gas Flow

East business is done on a pre-payment basis with TXU Energy Trading Company LP and Marathon/ Quantum Energy Services.
Let me know if more info is required.
BV
3-3317

 -----Original Message-----
From: 	Germany, Chris
Sent:	Tuesday, May 28, 2002 2:52 PM
To:	Draper, David; Hewitt, Jess P.; Shireman, Kristann; Gonzales, Kathryn; McMichael Jr., Ed; Barbe, Robin; Kelly, Katherine L.; Knippa, Mark; Vanderhorst, Barry
Cc:	Sharp, Greg; Hagelmann, Bjorn; 'carol.north@enron.com'
Subject:	Physical Gas Flow

Due to credit concerns, Carol and Bjorn would like to know all counter parties that we are currently buying or selling spot gas with.

Ex:  I've been buying gas from Reliant Energy Services, Inc. each month to serve one of my term markets.  According to Bjorn, the Credit Committee will no longer approve of my prepayments to Reliant for base load supply.


Dear SVMG Member Company Representative -

We need a Host Site for a major Energy Summit on May 4.

As you know, we partnered last month with San Jose Mayor Ron Gonzales,
County Board of Supervisors Chair Jim Beall, and each Santa Clara County
Mayor on an Energy Summit.

To meet the ambitious conservation and load management goals necessary to
help fend off rolling black-outs this summer, all fifteen cities and the
county agreed that we should partner on a second Summit, as soon as
possible, to gain quantifiable commitments from both the public and private
sector to reduce energy use in Silicon Valley.

The location for the second Summit - slated for Friday, May 4, from 7:15am
until 12 noon, needs to accomodate 150-200 people.

I NEED YOUR HELP.  We need a Member Company to host this important gathering
of public and private sector leaders, which includes a space to seat 150-200
people, along with light refreshments.  In addition, we will have numerous
state and federal legislators, and probably a lot of (positive) media
interest.

If your company can accomodate such a gathering, and you would be willing to
serve as our host site, please let me know asap.  We hope to have "save the
date" flyers out by this coming Friday, April 6.  I apologize for this short
notice, but with summer fast approaching, we need to move as expeditiously
as possible.

Sincerely,

Carl Guardino


---------------------- Forwarded by Kayne Coulter/HOU/ECT on 11/30/2000 04:13
PM ---------------------------

Patrick Hanse
11/30/2000 10:03 AM
To: Terri Clynes/HOU/ECT@ECT, Dave Mangskau/Corp/Enron@ENRON, Mitch
Robinson/Corp/Enron@Enron, Kayne Coulter/HOU/ECT@ECT, Christi L
Nicolay/HOU/ECT@ECT
cc: Matt Lorenz/HOU/ECT@ECT, Edward D Baughman/HOU/ECT@ECT
Subject: Re: Notice of Pending Changes (effective 12/18/2000) to MAPP's Loss
Repayment Procedure

I called MAPP to get a better understanding of the pending Dec. 18th LRP
changes as explained in detail below.
Currently the "source" generator is responsible for the Losses.  The new
policy states that the Scheduling customer is now responsible for Losses.
MAPP is implementing this change as a requirement under their tariff.
Changes to software and systems has delayed this change from being
implemented any earlier.
What it means to Enron as a Schedule F customer:
 1)  Enron (or any Schedule F customer) is responsible for  losses based on a
yet to be published Loss Matrix that MAPP will provide on it web page.  The
loss  calculation matrix and methodolgy will not change, just the party
responsible for providing the losses.  When scheduling energy, Enron must
either schedule physical losses or buy losses from a designated Source
Scheduling participant (SSP).  The SSP will then be responsible for
disbursing the losses to each designated CA a week later.
The identity of the SSP will be the Source of power (if a MAPP member), or
the POR on your Schedule F (If Source is outside MAPP).

Terri Clynes
11/20/2000 10:40 AM
To: Matt Lorenz/HOU/ECT@ECT, Patrick Hanse/HOU/ECT@ECT
cc:
Subject: Notice of Pending Changes (effective 12/18/2000) to MAPP's Loss
Repayment Procedure

---------------------- Forwarded by Terri Clynes/HOU/ECT on 11/20/2000 10:40
AM ---------------------------

"Dan S. Fredrickson" <DS.Fredrickson@mapp.org>@mapp.org on 11/17/2000
05:21:59 PM
Sent by: owner-pemc@mapp.org
To: <rtc@mapp.org>, <pemc@mapp.org>, <mrc@mapp.org>, <rin@mapp.org>
cc:
Subject: Notice of Pending Changes (effective 12/18/2000) to MAPP's Loss
Repayment Procedure

Notice of new MAPP Loss Repayment Policies and Procedures

At the direction of the Regional Transmission Committee of MAPP, new Loss
Repayment Policies and Procedures will be implemented on December 18, 2000.
These changes make the transmission customer, as identified on the OASIS
reservation, responsible for paying energy losses on MAPP Schedule F
transmission service.  Previously, the MAPP Source entity has been
responsible for paying these losses.  These changes do not modify the
application of MAPP's Loss Repayment Procedure (LRP) to MAPP Member Open
Access Transmission Tariff (OATT) customers.  Changes to the administration
of Schedule F loss repayment include:
o The Schedule F transmission customer will now be responsible for the LRP
losses on their energy schedules.
o Payment of third party impacts due to "through flowing" Schedule F
transactions (where the Source and Sink are both outside MAPP) will be
included in the LRP.
o To facilitate the payment of third party losses, the Customer will make
arrangements with the Source Scheduling Participant (SSP), as defined on the
transmission reservation, to pay for energy transaction losses at the onset
of a schedule.
o The SSP will bank the losses for repayment of third party losses, one week
later, to the day. The repayment is done, as it is today, according to a
schedule sent out by the MAPP Center.
For additional information please see the business practices section of
MAPP's Schedule F OASIS:
http://mapp.oasis.mapp.org/documents/MAPP/practices.html

Questions may be e-mailed to Tom White at the MAPP Center:
ts.white@mapp.org

Answers to frequently asked questions will be posted at the URL given above.

A copy of the revised section five of the policies and procedures document
is attached.

Dan Fredrickson
MAPP Transmission Operations

 - lrppolicy20001218.doc


---------------------- Forwarded by Daren J Farmer/HOU/ECT on 04/11/2000
11:54 AM ---------------------------

	Enron North America Corp.

	From:  Brenda F Herod                           04/10/2000 05:24 PM

To: Steve Van Hooser/HOU/ECT@ECT
cc: Michael C Bilberry/HOU/ECT@ECT, Brian M Riley/HOU/ECT@ECT, Daren J
Farmer/HOU/ECT@ECT, Pat Clynes/Corp/Enron@ENRON, Gregory L Sharp/HOU/ECT@ECT,
Edward D Gottlob/HOU/ECT@ECT
Subject: Re: Coastal Deal-With Exxon Participation under the Project
Agreement

Thanks for the info!

As Greg mentioned in the staff meeting today, the intent is that this
restructured deal is papered effective 4/1/00.  The impact is potentially
that the gas is not pathed properly by counterparty or on the appropriate
transport/gathering agreements, etc.  If any rates are changing, then those
need to be changed in our systems also.  There may be other areas of changes
also - I'm not attempting to list them all.  Rather I just want to make
people aware that retroactive deals can have impacts on the daily operations.

Thanks for the information.

Pat/Daren:  Can you get with Mike and/or Brian to determine the potential
impact, if any?  Thanks.

	From:  Steve Van Hooser                           04/10/2000 03:06 PM

To: Brenda F Herod/HOU/ECT@ECT
cc: Michael C Bilberry/HOU/ECT@ECT, Brian M Riley/HOU/ECT@ECT
Subject: Coastal Deal-With Exxon Participation under the Project Agreement

Brenda,

Per your request, attached are the Draft documents which will be used to
finalize the new  Gathering Arrangment between HPL and Coastal, the revenue
sharing arrangement between Exxon and HPL (Transaction Agreement) and the
Residue Gas Purchase Agreement between Coastal, as Seller and HPL as Buyer
(Amendment to Wellhead purchase agreeement).

I do not have a copy of the Processing Agreement between Exxon and Coastal,
as such agreement does not involve us (and I believe it is far from
finalized. The only other document that I plan to prepare is a termination
agreement relative to the current Liquifiables Purchase Agreement between
Exxon as purchaser and HPL as seller--this termination will be affective as
of 4/1/2000.

If I can be of any further assistance, please let me know.

Steve


---------------------- Forwarded by Judy Hernandez/HOU/ECT on 10/12/2000
09:21 AM ---------------------------

Shauncy Mathews
10/11/2000 10:50 AM
To: Janet Warri/NA/Enron@Enron, Lisa Shoemake/HOU/ECT@ECT, Judy
Hernandez/HOU/ECT@ECT, Melissa Rodriguez/HOU/ECT@ECT, Andrea R
Guillen/HOU/ECT@ECT
cc:
Subject: FW: Two Boxes

---------------------- Forwarded by Shauncy Mathews/HOU/ECT on 10/11/2000
10:49 AM ---------------------------

	Elida Aguilar @ ENRON

	10/11/2000 10:42:50 AM

To: Albernita Travis/Corp/Enron@Enron, Lori Boutte/Corp/Enron@Enron, Eileen
Buerkert/NA/Enron@Enron, Donna Ruff/Corp/Enron@ENRON, Shauncy
Mathews/HOU/ECT@ECT, Felicia Salewsky/HOU/ECT@ECT, PFlores@corestaff.com,
bheiman@worldnet.att.net, Valerie Villareal/HOU/EES@EES
cc:
Subject: FW: Two Boxes

----- Forwarded by Elida Aguilar/Corp/Enron on 10/11/2000 10:41 AM -----

	"Guzman, Julia" <Julia.Guzman@photomask.com>
	10/11/2000 09:27 AM

		 To: "Hernandez, Esther" <Esther.Hernandez@photomask.com>,
MTIGHTROPE@aol.com, c-trevino@worldnet.att.net, DCastillo@gfbank.com,
neudag@ttuhsc.edu, DWatson@connectsouth.com, gabrielacevedo@yahoo.com,
kim_moss@amat.com, Elida.Aguilar@enron.com, mhernandez@thermon.com,
mguzman@fcoa.com, loco-13@excite.com, Ted_Guillen@vtel.com,
Tiffany_Franks@tivoli.com
		 cc:
		 Subject: FW: Two Boxes

Julia Guzman
Global Traffic Analyst
DuPont Photomasks Inc
131 Old Settlers' Blvd
Round Rock, TX   78664
(512) 310-6548 (phone)
(512) 310-6503 (fax)
(512) 507-5170 (cell)

-----Original Message-----
From: Tiffany_Franks@tivoli.com [mailto:Tiffany_Franks@tivoli.com]
Sent: Wednesday, October 11, 2000 9:13 AM
To: nebittings@txlutheran.edu; Megan.Zeitler@photomask.com;
Julia.Guzman@photomask.com; rednoni@hotmail.com;
Tanya.L.Kimbrough@usa.conoco.com; cd07643@swt.edu;
gatchiso@tnrcc.state.tx.us
Subject: FWD: Two Boxes

---------------------- Forwarded by Tiffany Franks/Tivoli Systems on
10/11/2000 09:12 AM ---------------------------
nebittings <nebittings@txlutheran.edu> on 10/09/2000 06:59:29 PM
To:   Tiffany Franks/Tivoli Systems@Tivoli Systems, Dana Gottsman
      <danagottsman@hotmail.com>, James Rogers
      <James.Rogers@Corp.OneMain.com>, Lois Osborn <LOsborn@avhs.net>
cc:
Subject:  FWD: Two Boxes

>===== Original Message From "Tally Neal" <Tally_Neal@seguin.isd.tenet.edu>
=====
>> I have in my hands two boxes which God gave me to hold
>> > He said, "Put all your sorrows in the black,
>> > And all your joys in the gold."
>> > I heeded His words, and in the two boxes
>> > Both my joys and sorrows I stored
>> > But though the gold became heavier each day
>> > The black was as light as before
>> > With curiosity, I opened the black
>> > I wanted to find out why
>> > And I saw, in the base of the box, a hole
>> > Which my sorrows had fallen out
>> > I showed the hole to God, and mused aloud,
>> > "I wonder where my sorrows could be."
>> > He smiled a gentle smile at me."
>> > "My child, they're all here with me."
>> > I asked, "God, why give me the boxes,
>> > Why the gold, and the black with the hole?"
>> > "My child, the gold is for you to count your
>> > blessings, The black is for you to let go."
>> > We should consider all of our friends a  blessing.
>> >
>> > Send this to a friend today just to let them know
>> > you
>> > are thinking of them and that they are a joy in
>> > your life.
>> > A ball is a circle, no beginning, no end.
>> >  It keeps us together Like our Circle of Friends
>> > but
>> > the treasure inside for you to see is the treasure
>> > of
>> >  friendship you've granted to me.
>> > Today I pass the friendship ball to you.
>> > Pass it on to someone who is a friend to you, instantly,
>> > when you receive this letter


New years i am on call at the hospital, i will be bringing in the new year
with some hot nurse,  i hope.

As for the final four, two to four whatever is manageable.  huge iou if you
can hook me up with tics!!!!  Thanks for the help!!

where are you and the wife headed for the new year celebration?

From: "Benjamin Rogers" <brogers2@ect.enron.com>
To: "D.Michael Gioffre, DDS" <dgioffre@hotmail.com>
Subject: Re:
Date: Tue, 14 Dec 1999 09:54:36 -0600

Hey Mike,
Thanks for the pics.  Where were the ones from which  looks to be a wedding?
Hey, how many tickets were you thinking about? Were you thinking two for you
and
your Dad?  That weekend is April 1 & 3, 2000.  I'm not sure whether that is
Easter weekend or not.  One other way to get tics is to go to
www.finalfourseats.com  Let me know your situation.  Where are you spending
the
New Year?  Talk to you later.
Ben

______________________________________________________
Get Your Private, Free Email at http://www.hotmail.com


?
-----Original Message-----
From: Beth Miller  [mailto:beth@billjones.org]
Sent: Monday, July 16, 2001 9:53  PM
To: beth@billjones.org
Subject: Campaign Update  7-16-01

To:???????  Republican Leaders

?

From:??? Beth  Miller

????????????  Communications Director

?

RE:?????? Campaign  Update

?

Sorry  for the delay in getting you all the happenings of last week.? Bill
Jones has been going full steam  ahead every day.? In fact, this week  has
picked up right where we left off last week.? Let me take a minute to bring
you up to  speed.

?

Bill Jones  Exposes Massive Conflicts of Interests in Gray,s Energy  Team

?

Thanks  to Bill Jones dogged determination, the Governor,s energy advisors
and  consultants are going to follow the laws!?  First, Bill called for
complete public disclosure by Davis, 45 advisors  by filing their
legally-required statements of economic interests to protect  against any
conflicts of interest.?  You can read about Bill,s call for action in
Thursday,s Sacramento Bee at
http://www.billjones.org/CAPolitics/CAPolitics.cfm?ID=2070&c=1.

Bet you  can guess what happened next(the Governor,s office lied and
stonewalled until  they couldn,t stand the pressure from the media.? So, they
hastily prepared 24 of the 45  advisor,s statements (some incomplete, some
very sloppily prepared ) perjury,  anyone?) and made them available late on
Thursday afternoon.?

?

Well,  wouldn,t you know ) there are astounding and disturbing conflicts of
interest by  a number of the consultants and some potentially criminal
violations too.? But don,t take our word for it ) you can  see what the Los
Angeles Times,  San  Francisco Chronicleand  Sacramento  Beehad to  say after
reviewing the conflicts in the disclosure reports

?

"More  than half a dozen consultants hired by the state to purchase
electricity and to  negotiate long-term power deals own stock in generating
companies such as  Calpine and Enron that have profited handsomely during
California's energy  crisis," wrote  the Los  Angeles Times. To  read the
article, visit http://www.billjones.org/CAPolitics/CAPolitics.cfm?ID=2072&c=1
.?? The SF Chronicle's analysis of the situation  netted this fact.
"According to statements filed with the state's Fair Political  Practice
Commission, six of  45 new consultants hired by Davis own stock in San Jose-
based Calpine  Corp.,while  one has investments in Enron Corp.  of Houston.
Both companies are power generators that sell electricity to the  state," the
Chroniclereported.? Check it out the  Chronicle story at
http://www.billjones.org/CAPolitics/CAPolitics.cfm?ID=2071&c=1. Or the
Sacramento Bee,s coverage  at
http://www.billjones.org/CAPolitics/CAPolitics.cfm?ID=2073&c=1.

?

Be sure  to check out the newspapers on Tuesday, July 17, for coverage of
Bill,s press  conference today in Los Angeles where he demanded that AG Bill
Lockyer  immediately open an investigation into criminal misconduct and these
outrageous  conflicts.? Bill also called on the  Fair Political Practices
Commission to broaden the scope of their ongoing  investigation into
conflicts with Gray,s communications consultants ) Lehane and  Fabiani (This
investigation is thanks again to Bill,s efforts.)?

?

The  facts are clear ) check out Bill,s remarks, some examples of specific
conflicts  that have and are occurring with your tax dollars!? Visit the
Secretary of State,s web site  at
http://ss.ca.gov/executive/press_releases/news_releases.htm  for all  the
information.

?

Look for coverage tonight on LA TV stations  KCBS Ch. 2 and KTTV (Fox) Ch. 11
as well as radio stations around the  state.? We,ll be sure to share with
you tomorrow,s newspaper stories.

?

In  other happenings last week:

?

Fighting  for A Fair Reapportionment:? At an Assembly Committee field
hearing  in Orange County on Friday, Bill put the Legislature on  notice:

&If the redistricting plans and maps which  are created by the Legislature do
not meet the standards of fairness and equity  described in judicial
decisions which should be familiar to all of those  involved in the process,

I  will initiate whatever legal action, in whatever court is necessary, to
guarantee that while I am Secretary of State, Californians will have fair
and  accurate districts from which to select their  leaders.

?

Visiting  with the Grassroots:?  Bill met  this Saturday with old friends and
new at the California Republican Assembly,s  Board of Directors Meeting in
Simi Valley.?  Bill was warmly received and, according to &insiders8 at the
event, Bill  came across as &very

statesman-like,  firm and authoritative.8? We agree )  that,s the look of a
leader with the experience and vision for the job!? But the comment we like
the best(.&Jones  was very gubernatorial." Couldn,t have said it better
myself!

?

Labeling  Riordan a RINO:?  Dick  Riordan has earned the ire of many in our
Party who believe he is a Democrat  wolf in Republican sheep,s clothing!?
Check out California Political Review  editor William E. Saracino,s &Richard
Riordan * the Ultimate RINO8in  which Saracino says, &Riordan,s  record jars
with the Bush-wants-him-for-governor story.Turns  out the story,s as wobbly
as Dick,s GOP credentials.8? You can find the article on line at  ?
http://www.cppf.org/CPR/Columns/RiordanUltimateRINOS710.html

If Riordan,s record  bothers you ) you,re not alone.?  Phil Sheldon of
ConservativePetitions.com wants to send a clear message  to Riordan through
his &No Riordan8 petition. As Phil points out: "In short,  Richard Riordan is
a RINO who should not carry the banner of the Republican  Party to run for
California Governor. The state of California should have a  clear choice
between a conservative Republican and a Democrat -- not a choice  between a
Republican In Name Only and an ultra-liberal in the Democrat  Party.?
Republican leaders should  not encourage Richard Riordan to run for
Governor."? If you'd like to sign the "No Riordan"  petition, go to:
http://www.conservativepetitions.com/petition.html?name=no_riordan

?

That,s it for this week  ) stay tuned as Bill Jones continues to hold Gray
Davis accountable to the  people of California.? Bill Jones )  the &straight
shooter8 who will restore integrity and leadership to the  Governor,s office.

?

Have a great  week!


This is a classic.   I want to bring this guy in for an interview.   If he is as good as he says he is, we have to hire the guy.   You will get some good laughs.

---------------------- Forwarded by Kevin M Presto/HOU/ECT on 05/16/2001 09:26 AM ---------------------------

Paul J Broderick
05/16/2001 08:34 AM
To:	Kevin M Presto/HOU/ECT@ECT
cc:
Subject:	Load Forecasting Technology

---------------------- Forwarded by Paul J Broderick/HOU/ECT on 05/16/2001 08:33 AM ---------------------------

Craig Carmichael <cgcarmic@uswest.net> on 05/15/2001 04:38:41 PM
To:	robert.benson@enron.com, jeff.king@enron.com, kyle.schultz@enron.com, doug.gilbert-smith@enron.com, matt.lorenz@enron.com, paul.j.broderick@enron.com, tom.may@enron.com, mike.carson@enron.com
cc:
Subject:	Load Forecasting Technology

To whom it may concern:

My name is Craig Carmichael.  I am a PhD student at Iowa State
University, working under Dr. Bartlett in the Adaptive Computing Lab.
Please lend me your attention for a brief moment.  Enron's team of power
traders is the first contact I have made in this nature.

I strongly believe that I have developed technology that can make Enron
millions in the very near-term future.  If you are a power trader whose
success is proportional to the accuracy of your load forecasts, then I
believe I can deliver an enormous opportunity to Enron and you.  If I am
way off base on my assessment, please let me know and I will go
somewhere else.  I CHALLENGE EACH OF YOU TO DISCREDIT MY BELIEFS.

Here are some of my credentials, so that you can verify that it might be
promising to read the remainder of this email.

	1.  Finishing up ISU PhD work this summer.
	2.  Invented multiple neural network methods and inductive learning
techniques.
	2.  Recently DEVELOPED THE MOST ACCURATE electric load models in the
Chicago area for ComEd.
	3.  Saved ComEd millions of $ over the last couple years because of
this.
	4.  Can verify the above claims and that I did this single-handedly.
	5.  Wrote the new inductive learning algorithm for New Energy
Associates in Atlanta.
	6.  My software will be the new learning engine of NEA's NOSTRADAMUS
future v5.0
	7.  Can verify that I single-handedly wrote NOSTRADAMUS's new training
engine (not yet released)
	8.  Am the world's best electric load forecaster using advanced
inductive learning methods.

This is the situation:

	I am giving my Final Defense on July 16th in areas of advanced
forecasting methods.  In 1999, I developed highly advanced neural
network models for Commonwealth Edison, under Robert Abboud (working at
ComEd) through the Adaptive Computing Lab at Iowa State University.  The
models were the most accurate available.  At the time, ComEd was using
the EPRI models, NEA's Nostradamus, Tesla, and the ISU models (those
that I developed).  Still, I knew of many ways for improvement and have
been waiting for my graduation to release this technology.  Preliminary
studies show that my most recent work is more accurate than anything
that is available at any price.

	Since I have felt oppressed by the system (being a student), I have
awaited graduation (am finished mid-July) to unleash the technology that
I have developed outside of the university (my funding comes from the
Meteorology department and has nothing to do with load forecasting).
This is unpublished, provocative, state-of-the-art stuff that can smoke
even the multi-million dollar EPRI models, and only I know how they
work.  The technology could also put Tesla out of business.  The errors
appear to be LESS THAN HALF OF THOSE OF NOSTRADAMUS.

John Snead from Tesla knows me and feared my models so much that he
tried to merge his company with RGA Labs.  Robert Abboud from ComEd,
Excelon (and now RGA Labs) knows who I am.  Rick Hunt, the project
manager from New Energy Associates does also, since I wrote the software
for their yet-to-be-released inductive learning engine.

Ok.  Here are the possibilities.

	1.  I am making all of this up and did't really invent leading
forecasting technology
	2.  I am a nut who doesn't even know what he's talking about
	3.  This guy couldn't possibly do this sort of thing on his own clock
all by himself
	4.  Maybe there's something to what this guy is saying.  We might as
well send him a data set to test his claims.

I feel that someone will continue to try to take advantage of me if I
don't act now.  Within the next 6 months, someone will probably own my
technology besides myself.  I want to prove that I can be an immense
asset to Enron.  I would like to sell my technology to Enron as part of
your in-house modeling efforts.

Someone else might come along and try to make the same claims that I am
making.  They might razzle-dazzle you with their marketing sense and
ability to sell you their gem.

What I am saying is that if you give me a chance to show you what I can
do, if you care about accuracy and not razzle-dazzle, then I will not
disappoint you.  Give a data set to me and a thousand other people and
companies.  Let me show you that I'm not making all of this up.  I will
show you flaws in other "gems".

I hope this email wasn't too long.  My family & I, as of now, have a
fairly uncertain financial future (until I enter the workforce and have
a fairly cushy job).  Because of this, I am obligated to see what
opportunities exist with my intellectual property.  If I fail in
convincing Enron that I have a gold mine in my possession, then I will
go to the #2 spot on my list, and will offer to provide them with the
leading forecasting package available today.  In some way, shape or
form, in this scenario my software will then compete with Enron.

Thank you for lending me your ear.  I hope you don't think I'm a lunatic
for sending you this lengthy email.

Craig Carmichael
cgcarmic@uswest.net


Dear David,

Thanks for your message.  To make our request clearer, for the past two weeks
we have put out a preliminary DPR every morning at 8 am our time (seen by
commercial heads, Jeff Skilling, Ken Lay, RAC, anyone with access to the
DPR).  All groups world-wide are able to provide us preliminary figures by 7
am our time for:

positions,
maturity gap,
VAR, and
P&L

This is the information that we would like you to provide as well.

I understand that you have some hurdles to get over to be able to provide us
these figures, and while you keep working to get over these hurdles, we would
be happy if you provide us the information you are currently able to (i.e. if
you can only provide P&L we'd like to start with that, if you can only
provide us with one commodities information we would like to have that).
Please remember that the information we are requesting is preliminary
information.  We would expect that there would be some changes between what
you give us at 7 am and the final information you give us by 11 am.

Best regards

Shona

David A Wall@ECT
10/27/2000 06:57 AM
To: Shona Wilson/NA/Enron@Enron
cc: James New/LON/ECT@ECT, Chris Abel/HOU/ECT@ECT, Sheila Foo/LON/ECT@ECT,
Michael Kass/EU/Enron@Enron

Subject: DPR Summary

Shona,

Just to summarise the main thrust of our discussion yesterday:

Preliminary P/L due @ 1PM Local (7pm Houston)

As I understand, Sally is the sponsor of this project with the goal of
presenting Skilling with a DPR by 8a.m. the following day.
I have asked all mgmrs to assess how we can achieve this.  We will discuss
this in meeting early next week.
A major obstacle that we face, is limited IT resource to re-engineer and
expedite our processes.  This will require buy in of senior mgmt and
commercial business heads to reallocate resources away from current projects.
(James to discuss.)
Additionally, there are certain dependencies on depts in Houston, which are
prerequisite for DPR completion in London. Notably Continental Power has a
dependency on Portcalc IT support in Houston.
Shift work and 16 hour days are more difficult (not impossible) to implement
in London as the labour market is very tight and such working conditions
would make Enron very uncompetitive as a prospective employer.  Bear in mind
that we compete directly with all the big investment houses for the best
talent.  A decision to use shift's would have to be made at the highest level
considering the possible implications on the corporate image.  This might
suggest that additional IT resource is the only feasible way forward.

I could easily say that we can do the preliminary p/l but I assume that we
wish to retain the qualatitive features of our reporting.  Therefore I have
tempered my comments to reflect what I believe are real issues that we in
London will have to address.   We will get back to you with our proposals.,
after we have discussed these issues early next week.

Same day DPR

This is the long term goal and is such a large project that it would have to
be sponsored at the highest level here in Europe.
James to discuss with Fernley & Mike.

Regards,

Dave


Gina, please locate these motions on the docket and see if any  (1) a
response was filed and (2) an order was entered.  thanks.

Mark C. Ellenberg
Cadwalader, Wickersham & Taft
1201 F Street, NW
Washington, DC  20004
202.862.2234

                    "Mann, Kay"
                    <Kay.Mann@ENRO       To:     "Concannon, Ruth"
                    N.com>                <Ruth.Concannon@ENRON.com>,
                                          mark.ellenberg@cwt.com, sproctor@akllp.com,
                    Office:               melanie.gray@weil.com
                                         cc:     "McMichael Jr., Ed"
                    05/20/02 11:09        <Ed.McMichael@ENRON.com>, "Garza, Maria"
                    AM                    <Maria.Garza@ENRON.com>, "Germany, Chris"
                                          <Chris.Germany@ENRON.com>, "Barbe, Robin"
                                          <Robin.Barbe@ENRON.com>,
                                          michael.koss@us.pwcglobal.com, "Vanderhorst,
                                          Barry" <Barend.Vanderhorst@ENRON.com>
                                         Subject:     RE: Nation Fuel Gas Supply
                                          Corporation  ---  ENA & EES Motions

Ruth, this was before my time, but I can check with Jeff Hodge and/or Steve
Van H.

>  -----Original Message-----
> From:         Concannon, Ruth
> Sent:         Monday, May 20, 2002 10:07 AM
> To:           Mann, Kay; 'mark.ellenberg@cwt.com'; 'sproctor@akllp.com'
> Cc:           McMichael Jr., Ed; Garza, Maria; Germany, Chris; Barbe,
Robin; 'michael.koss@us.pwcglobal.com'; Vanderhorst, Barry
> Subject:           Nation Fuel Gas Supply Corporation  ---  ENA & EES
Motions
>
> We just found out that National Fuel Gas Supply, NFGS, filed motions with
the bankruptcy court on December 18, 2001 to (1) vacate the automatic stay
and allow NFGS to terminate the firm and interruptible transport
agreements, (2) compel the Debtor to assume or reject the agreements, or
(3) provide adequate assurance of future performance by the Debtor.  A
separate motion for ENA and EES was filed.  The hearing looks like it was
scheduled on January 3, 2002.
>
> I do not believe that ENA's and EES's commercial groups were aware that
these NFGS's motions had been made to the court.  Was Legal involved in a
response to these motions?  If ENA and EES did not respond at the court
hearing, is the decision of the court to terminate the agreements?
>
> Most of the agreements were for interruptible services that had no future
value to the Estate.  One of the two firm ENA agreements was tied to a
"producer netback" transaction that Enron Canada is working on a settlement
with the producer.  The other firm ENA agreement is out-of-the-money and
would have been rejected anyway.
>
> Please confirm that by ENA and EES taking no action at the hearing that
the agreements have been terminated.  I will get with Enron Canada so that
fact can be included in their settlement with the producer.
>
> Thanks for your help,
> Ruth Concannon
>
> 713-853-1667
> ruth.concannon@enron.com
>
>

**********************************************************************
This e-mail is the property of Enron Corp. and/or its relevant affiliate
and may contain confidential and privileged material for the sole use of
the intended recipient (s). Any review, use, distribution or disclosure by
others is strictly prohibited. If you are not the intended recipient (or
authorized to receive for the recipient), please contact the sender or
reply to Enron Corp. at enron.messaging.administration@enron.com and delete
all copies of the message. This e-mail (and any attachments hereto) are not
intended to be an offer (or an acceptance) and do not create or evidence a
binding and enforceable contract between Enron Corp. (or any of its
affiliates) and the intended recipient or any other party, and may not be
relied on by anyone as the basis of a contract by estoppel or otherwise.
Thank you.
**********************************************************************

==============================================================================
NOTE:  The information in this email is confidential and may be legally privileged.  If you are not the intended recipient, you must not read, use or disseminate the information.  Although this email and any attachments are believed to be free of any virus or other defect
that might affect any computer system into which it is received and opened, it is the responsibility of the recipient to ensure that it is virus free and no responsibility is accepted by Cadwalader, Wickersham
& Taft for any loss or damage arising in any way from its use.

==============================================================================

==============================================================================
NOTE:  The information in this email is confidential and may be legally privileged.  If you are not the intended recipient, you must not read, use or disseminate the information.  Although this email and any attachments are believed to be free of any virus or other defect
that might affect any computer system into which it is received and opened, it is the responsibility of the recipient to ensure that it is virus free and no responsibility is accepted by Cadwalader, Wickersham
& Taft for any loss or damage arising in any way from its use.

==============================================================================


To: Energy Law Professionals

On December 6-7, the Rocky Mountain Mineral Law Foundation
is sponsoring a Special Institute on Natural Gas Transportation
and Marketing. The brochure may be downloaded from our
website at www.rmmlf.org.

If you have any questions, please feel free to contact us.
If you have trouble opening or printing the PDF file from the
website, please E-Mail us with your fax number. We hope
to see you at this cutting-edge program in Houston.

Mark Holland
Rocky Mountain Mineral Law Foundation
9191 Sheridan Blvd., Suite 203
Westminster, CO 80031
tel 303-321-8100, ext. 106
fax 303-321-7657
mholland@rmmlf.org
www.rmmlf.org


CALENDAR ENTRY:	APPOINTMENT

Description:
	Shelley's Staff Mtg. EB4102

Date:		5/17/2001
Time:		9:30 AM - 11:30 AM (Central Standard Time)

Chairperson:	Outlook Migration Team

Detailed Description:


Wayne -  many thanks.    If we don't get to Korea tomorrow, I will be in
Houston next
week (Tuesday-Thursday) and could discuss it with you and whomever else is
needed.

David

To: David Merrill/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT@ENRON
cc: Angie Buis/Enron Communications@Enron Communications, Ban
Sharma/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT@ENRON, Beth Wapner/Enron
Communications@Enron Communications, Bill White/Enron Communications@Enron
Communications, Cynthia Harkness/Enron Communications@Enron Communications,
Donald Lassere/Enron Communications@Enron Communications, James Ginty/Enron
Communications@Enron Communications, Jan Haizmann/LON/ECT@ECT@ENRON
COMMUNICATIONS, Jane Wilson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT@ENRON, Jeff
Dasovich/NA/Enron@ENRON, Kristin Albrecht/Enron Communications@Enron
Communications, Lara Leibman/Enron Communications@Enron Communications,
Michael Grimes/AP/Enron@Enron, Michelle Hicks/Enron Communications@Enron
Communications, Mike Dahlke/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT@ENRON, Rajen
Shah/LON/ECT@ECT@ENRON COMMUNICATIONS, Richard Anderson/Enron
Communications@Enron Communications, Robbi Rossi/Enron Communications@Enron
Communications, Sue Nord/NA/Enron@Enron

Subject: Re: Proposed Agenda for 12/7/00 Meeting @ 0830

David,
We should specifically address the Singapore licensing issue in our
discussion of point two and three.

As for Korea, given that the group has assigned it a fairly low priority, we
have not been able to review your note.  I would be happy to stay on after
the meeting to discuss the issues.  Alternatively, I'd be willing to arrange
a separate conference call if you would give me a range of times that you
would be available.

W. Wayne Gardner
Enron Broadband Services
1400 Smith Street
Houston, TX  77002-7361
Phone:  713 853 3547
Fax:  713 646 2532

	David Merrill@ENRON_DEVELOPMENT
	06/12/2000 05:47

		 To: Wayne Gardner/Enron Communications@ENRON COMMUNICATIONS@ENRON
		 cc: Donald Lassere/Enron Communications@Enron Communications@ENRON, Sue
Nord/NA/Enron@Enron, Michelle Hicks/Enron Communications@Enron
Communications@ENRON, Cynthia Harkness/Enron Communications@Enron
Communications@ENRON, Lara Leibman/Enron Communications@Enron
Communications@ENRON, Jan Haizmann/LON/ECT@ECT@ENRON COMMUNICATIONS@ENRON,
Rajen Shah/LON/ECT@ECT@ENRON COMMUNICATIONS@ENRON, Richard Anderson/Enron
Communications@Enron Communications@ENRON, James Ginty/Enron
Communications@Enron Communications@ENRON, Beth Wapner/Enron
Communications@Enron Communications@ENRON, Robbi Rossi/Enron
Communications@Enron Communications@ENRON, Ban
Sharma/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jane
Wilson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jeff Dasovich/NA/Enron@ENRON,
Mike Dahlke/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Michael
Grimes/AP/Enron@Enron, Bill White/Enron Communications@Enron
Communications@ENRON, Kristin Albrecht/Enron Communications@Enron
Communications@ENRON, Angie Buis/Enron Communications@Enron
Communications@ENRON
		 Subject: Re: Proposed Agenda for 12/7/00 Meeting @ 0830

Wayne - to remind, there are two operational issues that had been on the
agenda that keep
getting deferred : the Singapore license entity and a regulatory issue in
Korea.   The deferral of
the Singapore one defers our license application and our timeline for
Singapore.  I
told the commercial team  we hoped to deal with it in this week's call, but
that even then
the license would slip to January, with Singapore processing time.   So we
need to try
to decide the entity this week or next, either in this call, or by e-mail, or
in a separate
call - - whatever is the most efficient way.   Otherwise with the holidays we
may lose
an additional month.   What is the best mechanism to decide this?

In Singapore, if we can see our way clear to go with the already established
entity, of course
that would be simpler, but I defer to the group's judgment.

For the Korea question, perhaps all we need to do is agree to ask Kim and
Chang
to look at it (including mine and Jan Haizman's and Jae-Moo Lee's thoughts)
and
give us their advice.  If legal authorizes that I can get some material worked
up to send.

I will be on the Thursday call from the beginning unless I am in the air in
which case
I will join around 60-90 minutes into the call.

Thanks.

To: Donald Lassere/Enron Communications@Enron Communications, Sue
Nord/NA/Enron@Enron, Michelle Hicks/Enron Communications@Enron
Communications, Cynthia Harkness/Enron Communications@Enron Communications,
Lara Leibman/Enron Communications@Enron Communications, Jan
Haizmann/LON/ECT@ECT, Rajen Shah/LON/ECT@ECT, Richard Anderson/Enron
Communications@Enron Communications, James Ginty/Enron Communications@Enron
Communications, Beth Wapner/Enron Communications@Enron Communications, David
Merrill/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Robbi Rossi/Enron
Communications@Enron Communications, Ban
Sharma/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jane
Wilson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jeff Dasovich/NA/Enron@ENRON,
Mike Dahlke/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Michael
Grimes/AP/Enron@Enron, Bill White/Enron Communications@Enron Communications,
Kristin Albrecht/Enron Communications@Enron Communications
cc: Angie Buis/Enron Communications@Enron Communications

Subject: Proposed Agenda for 12/7/00 Meeting @ 0830

1.  Review attached note to confirm that we are restricted to one option (the
"Regulatory Structure") from a regulatory standpoint with respect to the
trading of Japanese bandwidth.

2.  Determine whether there are similar restrictions in SIngapore or Hong
Kong requiring us to adopt a similar Regulatory Structure.

3.  Review the tax costs and risks arising from the Regulatory Structure and
describe the steps that must be taken to manage the tax risks.

4.  Given the foregoing, determine what specific steps are necessary to
implement the Regulatory Structure and manage the concomitant tax, legal,
accounting, and credit risks.

5.  Review what steps, if any, are necessary to permit bandwidth trading by
the US (and UK?) trading desks of bandwidth terminating in Australia.

6.  Time permitting, determine whether regulatory considerations require that
we adopt a structure similar to the Regulatory Structure in Mexico, Brazil,
or Argentina.

7.  Time permitting, review what steps, if any, are necessary to permit
bandwidth trading by the US (and the UK?) trading desks of bandwidth
terminating in Canada.

Questions and comments are invited.  Thanks.

W. Wayne Gardner
Enron Broadband Services
1400 Smith Street
Houston, TX  77002-7361
Phone:  713 853 3547
Fax:  713 646 2532
----- Forwarded by Wayne Gardner/Enron Communications on 05/12/2000 08:28
-----

	Wayne Gardner
	17/11/2000 18:12

		 To: Sue Nord/NA/Enron
		 cc: James Ginty/Enron Communications@Enron Communications, Donald
Lassere/Enron Communications@Enron Communications, David
Merrill/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 Subject: Japan Trading

Dear Sue,
Because of the important role of Japan in the trading business of EBS, I want
to make sure I understand very clearly our regulatory options.  For the sake
of simplicity, I limit the discussion below to trading of segments between
Japan and the US on the grounds that the Japanese principles that apply to
any other trading of international segments would be identical.  The
discussion is further limited to the purchase of IPLCs because that is the
standard form of telecom capacity available for purchase out of Japan.
Finally, based on input from Regulatory, the discussion assumes that the
purchased IPLCs are divided into half-circuits.  The Japan half-circuit
terminates in Japan and in the middle of the Pacific.  The US half-circuit
terminates in the middle of the Pacific (picking up where the Japan
half-circuit terminates) and in the US.

I.  Our only option from a regulatory standpoint:
We understand that the only option from a regulatory prespective is as
follows:  EBS Networks YK ("YK") purchases the Japan half-circuits because it
has an ST2 license and switch in Japan through which it will route ALL
trades.  EBS Trading L.P. ("Trading") purchases the US half-circuits only.
Each of Trading and YK can resell their respective half-circuits in the form
of capacity under the EBS Master Services Agreement (the "Master") to others,
who may be resellers or end-users.

II.  Tax consequences of structuring trades in accordance with this option:
At best, the tax consequences of the foregoing are that half of the earnings
on Japan to US trading will be subject to 42% immediate Japan income tax
(with no ability to defer the cash payment of tax with Enron's US tax loss
carryforward).  In addition there may be significant exposure to US income
tax (we are in the midst of quantifying this risk and evaluating potential
ways around it) which would incrementally increase the effective income tax
rate  to 62%.  If instead Trading undertook all the Trading activity,
virtually all of the earnings of Japan to US trading would be subject to a
single rate of US income tax (35%) and the payment of such tax could be
deferred for a significant period of time due to Enron's large US tax loss
carryforward.

III.  The following options have been ruled out by Regulatory for the
following reasons:

Unworkable Option 1:
Trading does not acquire an ST2 license.  Trading buys US and Japan
half-circuits directly and resells them in the form of capacity under the
Master to others, who may be resellers or end-users.

This option is illegal from a regulatory standpoint even though YK has an ST2
license.  Japanese telecom regs provide that a reseller of Japanese IPLC
capacity must hold an ST2 license directly.  In other words, the regulations
provide that no affiliate of the YK licensee may resell IPLCs unless that
affiliate itself acquires a license.  Moreover, Trading cannot claim that it
is not engaged in resale activities that require an ST2 license.  Japanese
telecom regulations treat the resale of capacity under the Master as a resale
of the underlying IPLC.

Unworkable Option 2:
Trading does not acquire an ST2 license.  YK purchases the Japan
half-circuits.  Trading purchases the US half-circuits.  YK then resells the
Japan half-circuits to Trading.  Trading then resells the entire circuits
under the Master to others, who may be resellers or end-users.

For the reasons set forth under Option 1, this option is illegal from a
regulatory standpoint, even if the sale from the YK to Trading and the
subsequent resale by Trading occur in tandem one immediately after the other.

Unworkable Option 3:
EBS Trading L.P. forms a wholly-owned US special purpose vehicle ("SPV")
which obtains an ST2 license.  SPV executes a cost-plus contract with EBS
Networks YK.  The cost-plus contract provides that SPV has the right to use
and control the telecom equipment owned by EBS Networks YK in exchange for
periodic payments based on the cost of the equipment.  SPV buys entire
circuits and resells them in the form of capacity under the Master to others,
who may be resellers or end-users.

This option is illegal from a regulatory standpoint because SPV does not own
or lease the equipment through which it trades capacity.  Even if it were
legal from a regulatory standpoint, this option is NOT workable because the
companies that control the Japanese capacity market would sell only to a
licensed Japanese company.

Unworkable Option 4:
EBS Trading L.P. forms a wholly-owned US special purpose vehicle ("SPV")
which obtains an ST2 license.  SPV establishes a local branch in Japan and
controls a nominal amount of the telecom equipment in Japan through which the
SPV's Japanese trading is switched or routed.   SPV buys Japan to US full
circuit IPLCs and resells them in the form of capacity under the Master Sales
Agreement.

This option is illegal from a regulatory standpoint because SPV does not own
or lease ALL the equipment through which it trades capacity.  Even if it were
legal from a regulatory standpoint, this option is NOT workable because the
companies that control the Japanese capacity market would sell only to a
licensed Japanese company.

Unworkable Option 5:
EBS Trading L.P. forms a wholly-owned US special purpose vehicle ("SPV")
which obtains an ST2 license.  SPV establishes a local branch in Japan and
controls ALL of the telecom equipment in Japan through which the SPV's
Japanese trading is switched or routed.   SPV buys Japan to US full circuit
IPLCs and resells them in the form of capacity under the Master Sales
Agreement.

Although perfectly legal from a regulatory standpoint, this option is NOT
workable because the companies that control the Japanese capacity market
would sell only to a licensed Japanese company.  This also creates a tax
problem in that Japan would treat the SPV as having a Japanese permanent
establishment subject to Japanese income tax on the earnings attributed to it.

Please confirm, clarify where ambiguous, or correct where inaccurate.  Due to
the extremely tax inefficient results of what appears to be our only option,
we need to be absolutely certain that our understanding is correct.  Is it
clear that there are no other options here?

Thanks.

W. Wayne Gardner
Enron Broadband Services
1400 Smith Street
Houston, TX  77002-7361
Phone:  713 853 3547
Fax:  713 646 2532


Hey:
Do you have JP's email address?

John


At the request of Travis McCullough, I am attaching a copy of the
Non-Disclosure Agreement, revised to delete the non-solicitation clause.


Please discontinue distribution of this message to Mike McConnell at his
e-mail address mike.mcconnell@enron.com.  Please contact Cathy Phillips at
713-853-6898 or cathy.phillips@enron.com if you have any questions.  Thank
you.

Cathy Phillips for
Mike McConnell

Tom_Rigamonti@Dell.com on 07/31/2000 10:09:09 AM
To:
cc:
Subject: Dell News Network: July 28, 2000

NewsLine:?July?28, 2000
Re:?GLOBAL NEWS AND  INFORMATION

?
?
IN  THIS ISSUE
?
DELL  NEWS
Dell Goes Direct in  India
Dell Strengthens Lead in U.S.  Market
Moving Up on Fortune Global 500?
Dell PowerEdge  2450 Server Wows 'Em?
Dell?ScoresBig Win in Korea
?
INDUSTRY  NEWS
Intel, AMD to  Announce New Chip Speeds
Succession Plan  for Lou Gerstner?
Compaq Settles  Overcharging Claims
?
?
DELL NEWS
Dell Goes Direct in India:  Dell has established a wholly-owned subsidiary in
India with direct sales  and support operations in major cities, such as
Bangalore, New Delhi and  Calcutta. Currently, Dell is building the necessary
infrastructure and  completing the requirements for implementation of the
direct model in India.  Chip Saunders, president, Asia Pacific/Japan,
announced in New Delhi that the  company is excited about going direct in
India, &the last frontier for the IT  industry.8 According to International
Data Corp. figures in the first quarter,  Dell is the fastest growing among
the top 10 computer vendors in India. For  more of this story, go to
http://biz.yahoo.com/rf/000727/del196595.html.
?
Dell Strengthens Lead in U.S.  Market: Dell has  increased its market share
in U.S. PC sales, strengthening its lead over No. 2  Compaq, according to
International Data Corp. (IDC). Compaq leads worldwide  but Dell has narrowed
the gap at No. 2. Strong demand in Asia boosted  worldwide unit growth to
14.5 percent, said IDC, the market research firm  based in Framingham, Mass.
Read the story online:
http://dallasnews.com/business/116779_pcmarket_bus24.html
?
Moving Up  on Fortune Global 500: The July 21  issue of Fortune magazine
shows Dell has moved up to No. 154 on the  Fortune Global 500, up from No.
210 last year. This prestigious list also is  available online:
http://library.northernlight.com/LH20000713010000412.html?cb=13&sc=0#doc??
?
Dell PowerEdge 2450 Wows 'Em: In its  first competitive product review, the
Dell PowerEdge 2450 claimed two awards  from InternetWeek: the "Best of
Breed" and the "InternetWeek Approved"  awards. The magazine was most
impressed by the feature-packed server and  praised the PowerEdge 2450's
availability features, serviceability and solid  management tools.
http://www.internetwk.com/reviews00/rev071700.htm?
?
Dell?ScoresBig Win in Korea: Korea Telecom, the country,s second-largest
telecommunications company, had to  ensure system-readiness for a
demonstration of an Internet Broadcasting  project to be witnessed on Aug. 5
by the president of Korea.?Korea  Telecom called on Dell,s expertise on
Internet infrastructure. The order  consisted of 23 PowerEdge 8450s, 21
PowerEdge 6450s, 55 Precision Workstation  420s and close to 30 units of
PowerEdge 2450, OptiPlex GX200, Precision 620  and Latitude LS combined.?This
was  just the first order, andevery single  system?was delivered by Dell
within  seven business days.
?
INDUSTRY NEWS
?
Intel,  AMD to Announce New Chip Speeds: Intel is set  to release a 1.13-GHz
Pentium III on Monday, July 31. Longtime chip rival  Advanced Micro Devices
(AMD) is planning its own 1.1-GHz Athlon release on  Aug. 28. Dell is
expected to be one of the first to offer Intel,s new chip to  customers. AMD,
on the other hand, is developing a new version of Athlon  called &Corvette,8
for deluxe notebooks and desktops, and &Camaro,8 for budget  portables. Both
chips are expected to be releasedin the fourth quarter. For details, go  to
http://news.cnet.com/news/0-1003-200-2371409.html?tag=st.cn.1.lthd.ne.
?
Succession  Plan for Lou Gerstner?:IBM has named Sam  Palmisano as president
and chief operating officer and John M. Thompson to the  position of vice
chairman, both veteran IBM executives. Palmisano will be  responsible for
IBM's operating units, including all product and services  divisions, sales
and distribution and global financing businesses. Thompson  will be
responsible for IBM's efforts in emerging growth areas such as  Internet
services, wireless technology and Linux. More detailsareavailable at
http://news.cnet.com/news/0-1003-200-2336172.html?tag=st.cn.1.lthd.ne.
?
Compaq Settles Overcharging  Claims: Compaq  Computer?Corp. has agreed to
pay  (US) $4.5 million to settle charges that Digital Equipment, a company
it  acquired in 1998, overcharged the U.S. Defense Department for computer
network installation. For more on this story, go to
http://www.planetit.com/techcenters/docs/systems_management/news/PIT20000727S0
050.
?

?

?

 - DNN.jpg
 - bluespace.gif


There will be a kick-off meeting held on Wednesday July 26 at 10:00 am to
kick-off Project Phoenix. I will e-mail the location of the meeting and the
phone number that can be used to access the meeting if you are unable to
attend. At this meeting we will hand out the information that we have to date
and begin our planning on the due diligence for this possible acquisition.
EOTT is under a confidentiality agreement regarding this project and I would
appreciate it if everyone could keep this meeting as confidential as possible.

This is a very exciting possiblity, and could be very accreative to our cash
flow. If you have any questions, please leave me a phone mail or e-mail. I am
on vacation but, I am checking both several times a day and will respond as
soon as I get your inquiry.

Thanks

Joe


Harib,

Attached is the latest update for the DPC project. A printed copy of project
photos is being forwarded to you seperately. If you have any questions,
please feel free to call me at 713 345-5855.

Best Regards,

Paul


Can you give view access only to Marie Heard, Robbi Rossi, and Cynthia
Harkness with Bandwidth Legal to the referenced database.   Thanks!


As luck would have, I have to leave town this week. I need to cancel this
class.

Thanks,

Kay

Ernie
07/12/2000 09:23 AM
Sent by: Stacey Dempsey
To: Kay Mann/Corp/Enron@CORP
cc:

Subject: Development Center Class Reminder  - Fundamentals of Corporate
Finance

You are scheduled to attend:

Fundamentals of Corporate Finance
Class Days and Times:
  7/20/2000  08:00:00 AM - 05:00:00 PM
  7/21/2000  08:00:00 AM - 12:00:00 PM
Room # & Location: EB552,  Houston
Participant Fee: $ 700
Note: Please bring a laptop and a financial calculator with you to class.

If you are unable to attend this class, the registration must be canceled by
5:00 p.m. on  July 17, 2000 to prevent a charge of $ 700 to your RC number.

 We look forward to seeing you at 08:00:00 AM on July 20 - 21, 2000.  Please
call the Development Center Team at 713-853-0357 if you have any questions.

 Thank you.


Gary, Peter,

This is a copy of my London presentation. I expect to
make some minor changes to this presentation for March 13.

Vince

Vince Kaminski

"Jackson, Gary L." <gljackson2@tva.gov> on 02/27/2000 03:07:13 PM
To: Vince J Kaminski/HOU/ECT@ECT, "'Peter Tufano'" <ptufano@hbs.edu>
cc: "DeMars, Suzanne" <sdemars@tva.gov>
Subject: RE: March Real Options Conference

 <<REAL OPTIONS VALUATION IN THE NEW ECONOMY>>

This is a draft of what I was thinking of presenting.  I was not planning to
go over any specific options or OPAs (these are covered by confidentiality
clauses and I have to be careful from a competitive standpoint) but to give
the audience a few of the "real world" applications and challenges.  I
welcome any thoughts or comments.

Gary

> ----------
> From:  Peter Tufano[SMTP:ptufano@hbs.edu]
> Sent:  Friday, February 18, 2000 4:56 PM
> To:  vkamins@ect.enron.com; gljackson2@tva.gov
> Subject:  RE: March Real Options Conference
>
> Dear Vince and Gary,
>
> We are all speaking at the March Real Options Session in NY.   My work in
> real options in the energy field has come, to a large part, from my
> casewriting in your two organizations, so I feel that we should probably
> allocate more time toward your presentations and less to mine.   While we
> have a two hour block among the three of us, I think we can freely
> re-arrange things to produce the best result.  Would you two like to
> schedule a brief conference call to coordinate our talks?    I am free
> virtually all of next Wednesday 2/23, perhaps we could talk at 10 am (EST)
> or 2 pm (EST)?   I am happy to arrange the call, if you send me your phone
> numbers.  Thanks.
>
> Peter Tufano
>
>
> ---------------------------
> Prof. Peter Tufano
> Harvard Business School
> Morgan Hall 377
> Soldiers Field
> Boston, Massachusetts 02163
> phone: (617) 495-6855
> fax:   (617) 496-6592
> email: ptufano@hbs.edu
> http://www.people.hbs.edu/ptufano
>

 - REAL OPTIONS VALUATION IN THE NEW ECONOMY.ppt


Jeff,
For what it is worth, I  wanted to provide my recommendations of individuals
to oversee the Program.  The major business units should be represented so
that there is not a perception that any unit is more important than another.
Additionally, if they have all bought in and agree it should make the
facilitation of rotations, etc. less difficult to accomplish.  It should be a
very small group and consist of individuals who are well respected in the
organization.

Dave Delainey - ENA   (ENA has 50% of the Associates and Analysts and Dave
has been very supportive of the Programs' objectives.  He has facilitated one
of the Super Saturdays and offered to do others.  He has also agreed to
facilitate the Associate PRC).

Dan Leff - EES  ( Dan is the role model in the organization for leadership
and support of the goals and objectives of the Program and the Company.  At
his direction, his entire organization has been involved in the recruiting
process and the rotation process.  He actually set up a Steering Committee of
his senior executives who meet with Program Management on a monthly basis
regarding the Associates/Analysts.  Dan has been extremely supportive from
day one, prior to anyone being told it would affect their PRC rating.  He is
also the Executive lead on two (2) schools.  The recruiters, candidates,
staffers and Associates & Analysts love him.  If I had to choose one person
in the organization whom I would give an award for his dedication to and
participation in the Program, it would be Dan. )

Jim Fallon - EBS  (Jim has shown greater involvement in the Program lately.
He has interviewed on Super Saturday on several occasions and has agreed to
chair the Analyst PRC)

John Sherriff - London (There continues to be a disconnect between London and
Houston.  It would be helpful to have John actively involved.)

Thanks
Charlene


a couple more thoughts.  certainly losing lots of indutrial demand both to
switching and slowdown in economy.  Big 3 automakers all temporarily closing
plants for instance.  switching is significant and has led to cash in the
gulf expiring weak everyday.  gas daily spread to prompt trading at
$1....need some very cold weather to justify that.  this seems to be the test
of the next 3-5 days.   Will the switching/loss of demand/storage management
keep cash futures spread at reasonable levels or will it blow to $5+. Not too
many years ago we had a $50 print on the Hub.  unless we get some crazy
prints, you have to question the steep backwardation in the market.

funny watching the flies in the front.  Bot large chunk of g/h/j at $.50
friday morning.  probably worth 1.30 now.  crazy.  people have seen each
front spread be weak since forever and are already starting to eye up g/h.

what's the thoughts on distillates...  is it tight enough such that gas
switching is the marginal mmbtu of demand and pulls it up or is the market
too oversupplied to care?


I'd prefer that we give them a high level bullet point type summary rather
than a draft of the filing itself.  DF

	From:  Susan Scott                           07/18/2000 10:12 AM

To: Mary Kay Miller/ET&S/Enron@ENRON
cc: Drew Fossum@ENRON, Glen Hass/ET&S/Enron@ENRON, Mary
Darveaux/ET&S/Enron@ENRON, Shelley Corman/ET&S/Enron@ENRON

Subject: Re: TW Capacity Options

As I have mentioned already a couple of times, the Commercial Group feels it
is important to have something to present to customers.  My concern is that
if we just tell them about it over lunch or over the phone, something is
going to be ignored or lost in the translation, and then we'll have a dozen
protests to contend with.  Surely we've presented new services to customers
before in advance of filing...if so, how did we go about it?

Also, are you OK with filing July 31, or just as soon as we can get a
prefiling conference with FERC?

	From:  Mary Kay Miller                           07/18/2000 10:06 AM

To: Susan Scott/ET&S/Enron@ENRON, Drew Fossum
cc: Glen Hass/ET&S/Enron@ENRON, Mary Darveaux/ET&S/Enron@ENRON

Subject: Re: TW Capacity Options

I'm going over it and hope to have comments to you shortly-  we don't usually
share the draft, just the concept which I don't see any hold up on that, but
since we're still working on it, I don't want to give them a hardcopy-  MK

	From:  Susan Scott                           07/18/2000 09:59 AM

To: Glen Hass/ET&S/Enron@ENRON
cc: Mary Kay Miller/ET&S/Enron@ENRON, Mary Darveaux/ET&S/Enron@ENRON

Subject: Re: TW Capacity Options

I spoke with Steve Stojic about this and he had the same concern.  Even
though I was trying to keep this out of the new rate schedule requirements by
not making it a rate schedule, I believe I still managed to cover many
checklist items.  One that is not covered is testimony similar to what might
be filed in a rate case, in order to justify market based rates.  We are
planning to include a revenue estimate.  I'll go over these and make sure
everything is addressed before filing.

Are you OK with this filing from a general conceptual standpoint?  The
marketers want to start giving a draft to customers for them to review
beginning TODAY.

	From:  Glen Hass                           07/17/2000 05:35 PM

To: Susan Scott/ET&S/Enron@ENRON
cc: Mary Kay Miller/ET&S/Enron@ENRON, Mary Darveaux/ET&S/Enron@ENRON

Subject: Re: TW Capacity Options

Susan,

 In reviewing the proposed filing I had some questions.  On page 2 in the
discussion of ensuring sufficient capacity we offer to establish position
guidelines, do we need to outline these and either include them as an exhibit
or have them ready for reply to either protesters or a staff data request?
Secondly, if we regard this as a new service does our filing comply with all
aspects of 154.202 (a) (ii), (iii), (iv) (A) & (B), (v), (vi), (viii) and
(ix)?  In recent filings the staff has challenged our filings in terms of
addressing each of these requirements.  I believe many our covered but
thought you might like to double check for compliance.  What about a revenue
estimate? Seems like we need one, even if its still very speculative.

Glen

	From:  Susan Scott                           07/12/2000 03:19 PM

To: Steven Harris/ET&S/Enron@ENRON, Jeffery Fawcett/ET&S/Enron@ENRON, Kevin
Hyatt/ET&S/Enron@Enron, Lorraine Lindberg/ET&S/Enron@ENRON, TK
Lohman/ET&S/Enron@ENRON, Michele Lokay/ET&S/Enron@Enron, Christine
Stokes/ET&S/Enron@ENRON, Bill Cordes/ET&S/Enron@ENRON, Mary Kay
Miller/ET&S/Enron@ENRON, Julia White/ET&S/Enron@ENRON, Shelley
Corman/ET&S/Enron@ENRON, sstojic@gbmdc.com, Mary Darveaux/ET&S/Enron@ENRON,
Glen Hass/ET&S/Enron@ENRON, Drew Fossum@ENRON, John
Buchanan/ET&S/Enron@ENRON, Ramona Betancourt/ET&S/Enron@ENRON
cc: Tony Pryor/ET&S/Enron@ENRON, Brian Hensley/ET&S/Enron@Enron

Subject: TW Capacity Options

Attached for your review is a draft of Transport Options filing that
incorporates the comments and suggestions I've received since last week.
Please provide any further suggestions/changes to me as soon as possible, but
in no case later than close of business, Friday, July 14.

The timeline I've discussed with TW Commercial for this project is as follows:

Final draft comments   Friday, July 14

Circulate draft to customers,
customer meetings, time for
customers to respond, informal
discussion with FERC   Mon. July 17 - Wed. July 26

Final internal review/edit of filing  Thursday, July 27

FERC filing    Monday, July 31

Please let me know your comments on this proposed timeline as well.  Thank
you.


Attached is a confidential draft of the Consulting Services Agreement between
you and Enron North America Corp.

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

Michelle Cash
Enron North America Corp.
1400 Smith Street, EB 3823
Houston, Texas  77002
(713) 853-6401
michelle.cash@enron.com

This message may contain confidential information that is protected by the
attorney-client and/or work product privileges.


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