BUSINESS HIGHLIGHTS

Weather Group
On Wednesday, December 6th, The Weather Channel aired an episode of their
show "Atmospheres," which included a fifteen minute segment focusing on
Enron's Weather Risk Management business.  Mark Tawney, Steven Vu, Gary
Taylor, and Steve Bennett were featured.  The Weather Channel has aired the
episode periodically since then.  The parts that make it through the Enron
cutting room floor will be coming soon to an elevator near you!  If you would
like to view a copy of the episode in its entirety, please contact Yvette
Simpson at ext. 3-9595.

The Weather Risk Management group completed the first ever Power Demand
transaction this week.  The transaction was a swap based on the PJM demand
index.  Power Demand contracts use average peak power demand as an index and
allow power market participants (generators, btu distributors, marketers,
etc...) to mitigate volumetric exposures.  Weekly swaps are available on
EnronOnline and the desk has placed option contracts on this index in the
broker market.  Inquiries regarding this product should be directed to
Claudio Ribeiro, product manager ext. 3-7313, Gary Taylor ext. 3-1511, or
Valter Stoiani ext. 3-6906.

West Power Trading
It,s been a wild and crazy holiday season in the West.  Electricity prices
have remained extremely bullish throughout the entire WSCC, due in large part
to below-normal temperatures, &less than stellar8 river flows in the
Northwest and Northern California, tremendously volatile natural gas prices,
and a number of generating plants down for both planned and unplanned
maintenance.  Recently, the Federal Regulatory Energy Commission (FERC) has
stepped in to implement several orders in an effort to try to correct this
&extremely flawed market.8  Stay tuned sports fans; some have the feeling
that the best is yet to come.

HAPPY HOLIDAYS
Seasons Greetings from ENA PR.  The EnTouch newsletter will be on holiday
break next week.  If you have information for future issues of EnTouch,
please send it to Michelle Vitrella.  We hope you have a wonderful and safe
holiday.  See you next year!

WELCOME

New Hires ENA/EIM/EGM
ENA ) Kimberly Hardy, Adam Johnson, Daniel Lisk, William Fleenor, Stacey
Wales, Jason Fischer, Aparna Rajaram

LEGAL STUFF

The information contained in this newsletter is confidential and proprietary
to Enron Corp. and its subsidiaries.  It is intended for internal use only
and should not be disclosed.


Tana -

I spoke to John.  They are comfortable with the changes made by GM.  Please
finalize the NDA and let's see if we can route it to them today for signature.

Thanks.

Mark
Senior Counsel, ENA
Phone:     713-345-8897
Facsimile: 713-646-3940
E-Mail:      Mark.Greenberg@enron.com
----- Forwarded by Mark Greenberg/NA/Enron on 04/12/2001 04:01 PM -----

	richard.dix@gm.com
	04/12/2001 08:08 AM

		 To: Mark.Greenberg@enron.com
		 cc: John.Allario@enron.com, Kay.Young@enron.com, kenneth.wong@gm.com,
Mark.Greenberg@enron.com, Tana.Jones@enron.com
		 Subject: Re: Confidentiality Agreement

We have provided comments to your NDA.  Please review and if acceptable
forward
documents for signature.

Thanks
Richard

(See attached file: NDAenron041101v1.doc)

 - NDAenron041101v1.doc


---------------------- Forwarded by Don Miller/HOU/ECT on 10/28/2000 02:27 PM
---------------------------

"Daigh, John" <JDaigh@utilicorp.com> on 10/27/2000 04:04:11 PM
To: "'Don.Miller@enron.com'" <Don.Miller@enron.com>
cc:
Subject: RE: Wheatland

Don, I don't recall if I asked this before so please forgive me if I
have....

Does the warranty cover the DCS System?

>


The DPR for today is final and posted to the Executive Reports website.


I remember you mentioned that you and your friends were planning a trip.
This website is offered by the Tourism Authority of Thailand.  I took a look
at it, and thought that it was good.  I would even use it to lure my
boyfriend to visit home with me next year.

Virawan

http://www.tat.or.th/index2.html


||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||

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ok, so did you have a good trip

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Thursday, January 03, 2002 12:56 PM
To:	Maggi, Mike
Subject:	RE:

no why?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Thursday, January 03, 2002 12:56 PM
To:	Nelson, Michelle
Subject:	RE:

are you being mean

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Thursday, January 03, 2002 12:55 PM
To:	Maggi, Mike
Subject:	RE:

whatever.  good.  how about you?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Thursday, January 03, 2002 12:55 PM
To:	Nelson, Michelle
Subject:	RE:

i just thought that it might be better no not talk for a while, sorry, how were your holidays

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Thursday, January 03, 2002 12:54 PM
To:	Maggi, Mike
Subject:	RE:

oh so you are talking to me now?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Thursday, January 03, 2002 12:54 PM
To:	Nelson, Michelle
Subject:	RE:

so, how are you

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Thursday, January 03, 2002 12:52 PM
To:	Maggi, Mike
Subject:	RE:

yes

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Thursday, January 03, 2002 12:22 PM
To:	Nelson, Michelle
Subject:

are you here


need attachment
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 10/18/99 08:51
AM ---------------------------

Susan Bailey
10/18/99 08:47 AM
To: Andrea Bertone/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Don
Black/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Brent
Hendry/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Robert H
George/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sara Shackleton/HOU/ECT@ECT
cc:
Subject: Southern Cone Financial Master Agreements Schedule

All,

Attached is the revised version of the captioned Schedule (dated as of
10/18/99).


John,

See below.
---------------------- Forwarded by David Oxley/HOU/ECT on 07/11/2000 10:55
AM ---------------------------
From: Sheila Knudsen@ENRON on 07/11/2000 10:43 AM
To: David Oxley/HOU/ECT@ECT
cc: Jeanette Salinas/HOU/ECT@ECT
Subject: Re: July 5 Grant Awards

David -

Jeannette is out this week.  I confirmed with Corp. Compensation the
following:

July grants were priced on July 5 - grant price of $66.4375

Belden and Swerzbin are each receiving 20,000 options ($400,000 value @ $20
Black-Scholes for 5-year options).

Let me know if you have any other questions.

Sheila

David Oxley@ECT
07/10/2000 08:02 AM
To: Jeanette Salinas/HOU/ECT@ECT
cc: Sheila Knudsen/Corp/Enron@ENRON

Subject: Re: July 5 Grant Awards

Jeannette,

Two things:

1 - I was told comp committe met Friday 7th so I guess I just want to be sure
about July 5 strike price
2 - Belden and Swerzbin had 5 year options what were their scholes and
exactly how many were they granted?

Thanks

David

Jeanette Salinas
07/07/2000 11:52 AM
To: Cindy Skinner/HOU/ECT@ECT, Robert Jones/Corp/Enron@ENRON, Sheila
Walton/HOU/ECT@ECT, Gary Buck/HOU/ECT@ECT, Kim Melodick/HOU/ECT@ECT, Brad
McSherry/HOU/ECT@ECT, Norma Villarreal/HOU/ECT@ECT, Hector
McLoughlin/Corp/Enron@Enron, Teresa Bien/Corp/Enron@Enron, Philip
Conn/Corp/Enron@ENRON, Fran L Mayes/HOU/ECT@ECT, Dawn Doucet/CAL/ECT@ECT,
Ryan Seleznov/Corp/Enron@Enron, Ted C Bland/HOU/ECT@ECT, Edward
Anderson/Corp/Enron@ENRON, Mark Broadfoot/HOU/ECT@ECT, Jennifer
Cronin/Corp/Enron@ENRON, Amanda Curless/Corp/Enron@ENRON, Becky
Quintana/Corp/Enron@ENRON, Jennifer Richard/HOU/ECT@ECT, Debi
Vanwey/HOU/ECT@ECT, Tony Vasut/HOU/ECT@ECT, Chris Williams/HOU/ECT@ECT,
Elspeth Inglis/Corp/Enron@Enron, Valeria A Hope/HOU/ECT@ECT, Jane
Allen/HOU/ECT@ECT, Toni Graham/Corp/Enron@Enron, Shanna
Funkhouser/Corp/Enron@ENRON, Neil Davies/Corp/Enron@ENRON, Chris
Williams/HOU/ECT@ECT, Dave Hill/Corp/Enron@Enron, Amy FitzPatrick/PDX/ECT@ECT
cc: Yvonne Laing/HOU/ECT@ECT, Kari Oquinn/HOU/ECT@ECT, Sheila
Knudsen/Corp/Enron@ENRON, Donna Salazar/Corp/Enron@ENRON, Cynthia
Gonzalez/Corp/Enron@Enron, Janet De La Paz/HR/Corp/Enron@ENRON, Irma
Alvarez/HOU/ECT@ECT, David Oxley/HOU/ECT@ECT, Ramona
Perkins/Corp/Enron@Enron, Cynthia Ramirez/HOU/ECT@ECT, Simone Scott
Walker/Corp/Enron@ENRON, Marlow Anderson/Corp/Enron@Enron, Todd
Burke/NA/Enron@ENRON, Rhonna Palmer/HOU/ECT@ECT
Subject: July 5 Grant Awards

To All:

Per Corporate Compensation, all miscellaneous stock awards (June submission
-July Grant Awards) have been approved with a grant date of July 5.  These
awards were approved at the closing price on July 5 - $66.4375, and at a
Black - Scholes value of $25 for a 7 -  year term and $28 for a 10 - year
term.

The ratio for a 7-year option remains at  .365.  This ratio  will be reviewed
and updated as needed and is subject to change. Please encourage the focus on
the dollar value the equity grant is intened to deliver vs. how many options
will be awarded.  With the volatility of Enron stock, the BSV can change from
time to time, which could effect the number of options awarded.

Regards,
Jeanette

I


Laura with Paula Rieker's office called.  She wants to know if you could attend a Analyst meeting on 3/8 at 3:15p.m. with Brian DeChristopher & Ranjit Rajamani w/Putnam?  It would be held in your office.  Are you interested?  Your calendar is open.

I have left your calendar for tomorrow in your message holder along with the questions for the Enside interview with Kathie Grabstald at 1:15p.m.

Calendar for tomorrow:

	10:00 - 1:00 p.m. - Mtg. w/Lavorato, Colwell, Killen, J. Hodges & J. Deffner in 50M03 RE: Balance sheet review

	1:15 p.m. - Enside interview

	2:00 p.m. - Floor talk w/Lavorato on 31-East Power

	2:30 p.m. - Budget Mtg.

	4:00 p.m. - Dr. Gunn

Faith is printing color copies for your binders and should get it to you tomorrow.

Have a good evening and I will see you in the morning!

Tammie


GREAT NEWS !!!!

The second iteration of functional testing for Project Sunrise AR_AP and Earnings products successfully completed.  Users have signed off on the products and production loads are underway.

A number of users representing ENW, ENA, EES, ETS, EGM, and EBS participated in user testing; and more than 200 users have requested access to the data warehouse.  See business unit stats below.

EGM London Settlements	11
EGM Houston Settlements	10
ENA Houston Energy Operations	81
ENA Canada Accounting	5
EES Receivables Management	7
Enron Direct, Canada	3
Global Strategic Sourcing	22
EIM Mid Office Operations	20
EBS Trading Support	2
ETS Marketing, Accounting, Credit	33
ENW Financial Operations	20

Another round of thanks to everyone - technical developers, report developers, analysts, DBA, business analysts, ISC consultants, SMEs, business unit coordinators, and product managers -  who labored to deliver analysis and reporting tools that will greatly impact the everyday lives of Enron employees.   Great job team!!!!

Get ready,
	Get set,
		and stay tuned for the go.... message that will be delivered to data warehouse users on Monday.

Regards,
Pamela


Question:

Do we have a schedule of assets to be involved in the transaction?  I recall
that Janelle had some stuff that wasn't on the list.

Thanks,

Kay


---------------------- Forwarded by Don Miller/HOU/ECT on 04/06/2001 03:24 PM ---------------------------

Jon Cartwright <JCartwright@FI.RJF.com> on 04/06/2001 01:23:12 PM
To:	"'RJF Energy-Gram'" <cartwrit@bloomberg.net>
cc:
Subject:	ENERGY: PG&E Bankruptcy (Calpine & Mirant) Note

> Recapping my verbal comments from the 1:30 PM call:
>
> *	PG&E Conf Call is 2:15 EST (415) 228-4835 Conf # 5056296
> *	Calpine has $305 million (pre-tax now that I think about it) in
> accruals with PG&E as of last week.  Our numbers and the company's
> guidance previously has been that all financial forecasts the firm has
> made exclude those numbers, i.e. any recovery would be a benefit to
> guidance.
> *	Mirant has never broken out its exposure, but most recent guidance
> excluding PG&E's numbers as well.  We think MIR's exposure is close to
> $0.10 per share, which if ever collected would be additive to estimates.
> *	What happens in bankruptcy?  Well basically a federal judge will
> precede over the filing and immediately determine operating costs for PG&E
> so that it can remain a going concern.  As such, as a letter of the law,
> operating costs (which in this case would be purchasing power from CPN,
> MIR, DYN, etc) are to be kept current.  Bottom line the credit risks of
> not getting paid go away immediately, net-net CPN and MIR will start
> getting paid every day as opposed to accruing revenue like they had been
> doing for the past several months.
> *	While the filing has surprised investors, the weakness being
> experienced across the board in the electric power space is way overdone
> in our opinion.  We would take advantage of the weakness.
> *	We will obviously have more later today and Monday, but this is
> actually a positive turn of events for merchant power producers.  For PG&E
> bond and common stock owners, that's a whole different story.
>
> CPN: SB1
> 	2001 EPS $1.80
> 	2002 EPS $2.50
> MIR SB1
> 	2001 EPS $1.60
> 	2002 EPS $1.95
>
>
>
> Fred Schultz - Houston
>
>
Portable Document Format (PDF), are viewable using Adobe Acrobat Reader(tm),
available as freeware at
http://www.adobe.com/products/acrobat/readstep2.html>

Jon Kyle Cartwright
VP & Senior Energy Analyst
Raymond James & Associates
Taxable Fixed Income Research
Raymond James Financial Center
Tower III, Third Floor
880 Carillon Parkway
St. Petersburg, FL 33733-2749
Telephone: 727-573-8366
Facsimile: 815-425-4161
JCartwright@fi.rjf.com

 Raymond James & Associates, Inc.
Member New York Stock Exchange/SIPC
Institutional clients may call for additional information: High Grade
Trading 800-248-8863 ext. 8336 * High Yield Trading 800-448-6623
This communication is not an offer to sell or a solicitation to buy any
securities mentioned herein. High grade and High yield securities mentioned
herein may not be suitable for all investors. Raymond James & Associates,
Inc. or its affiliates (RJA) may perform investment banking or other
services for, or solicit investment banking business from, any company
mentioned in this report. RJA or its officers, employees, or affiliates may
own shares, options, rights or warrants and/or execute transactions in the
securities mentioned in this report, which may not be consistent with the
report's conclusions. Additionally, RJA may at times elect to make markets
in particular high yield securities, but there can be no guarantee that our
market making activities will be uninterrupted. All expressions of opinion
reflect the judgment of the Research Department of Raymond James &
Associates, Inc., at the time of publication and may be subject to change
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Further information on the securities mentioned herein is available upon
request.
? 2001 Raymond James & Associates, Inc.


?
?	'VentureWire'
	Tuesday, November 21, 2000	?
?	CONTENTS | COMPANIES | INVESTORS	?
?

	top stories

	* The Sprout Group Raises $1.6 Billion in New Fund
	* Suez Lyonnaise Takes 30% of Europatweb with $255 Million
	* Lockheed Spin-off TeraConnect Raises $40 Million Round One
	* Yazam Chief Executive Yaacov Ben-Yaacov Resigns

	INFINITY IN THE PALM

	What Scotch is to tape, what Xerox is to photocopies, what
	Kleenex is to facial tissue, Palm is rapidly becoming to
	handheld computers. Come listen to the man responsible for
	a brand so successful it's getting stuck to his competitors'
	products. Carl Yankowski is the CEO of Palm Computing, and
	he's just one of six keynote speakers at Technology Outlook
	2000. You'll also hear from:
	* Michael Ramsay, CEO of TiVo
	* Henry Yuen, CEO of Gemstar-TV Guide International
	* Claude Leglise, VP, New Business Group & GM, Home
	Products Group, Intel
	* Michel Mayer, GM, Pervasive Computing, IBM
	* Larry Smarr, Professor, Department of Computer Science
	and Engineering, UC San Diego

	Technology Outlook 2000: The Future of Pervasive Computing
	December 4 and 5, San Franciscohttp://technologicpartners.com/tp/conf/to2000/

	new money

	* Software Firm Valaran Raises $10.2 Million First Round
	* Heathcare Tech Firm Eko Systems Gets $2.3 Million Round One
	* Network Security ASP NetPlexus Has $5 Million First Round
	* Software Firm PowerLoom Raises $1.1 Million Seed Round
	* Software Firm SmartSignal Closes Round One at $7.4 Million
	* Waveguide Components Firm Optical CrossLinks Gets Seed Funds
	* Wireless Services Firm NearMe Raises First Part of Series A
	* Data Communication Firm Bravida Lands $33 Million Series B
	* E-Business Firm TIS Worldwide Gets $23 Million in Round Two
	* E-Learning System Firm WebCT Closes $70 Million Sixth Round
	* HyperTrust, Hosted Security Firm, Has $1 Million Funding
	* Camp Web Site Iluvcamp.com Receives $2.1 Million Series B
	* Online Aplications Firm Fullscope Gets $10 Million Round Two
	* Internet Consulting Firm CyberTouch Secures $6 Million
	* Optical Wireless Firm fSona  Raises $18.4 Million Series C
	* Web Publisher BizSpace Secures $1.2 Million in Third Round

	bad news

	* Independent Web Network Bla-bla Cuts Staff by 30%
	* CheMatch.com Lays Off 8 Employees But Expects More Funding

	new products

	* Linux-Based Net Service Apps Developer Filanet Launches
	* Investment Consortium Led by CVC Asia Launches Mercury Corp.
	* HR Tech Firm TalentPoint Changes Name to Kenexa
	* Monitoring Firm Gecko Software Now Eccord Systems
	* Online Software Firm iSwag.com Changes Name to Develos

	m&a

	* E-Payment Firm Trintech Buys Globeset for $31 Million
	* Government Web Services Firm Netgov.com Acquires Gov24.com
	* Global Supply Chain Firm FreeBorders Buys Applied Intranet
	* Palmspring Acquires Mobile Generation, Now Called Handmark
	* Wireless Firm Stellcom Acquires Interface Firm Digital Asylu
	* XML Provider Cape Clear Acquires Java Tech Firm Orbware

	new directors

	* Transcription Firm WordWave Adds Mainspring Exec to Board
	* AT&T'S Bruce Goemaat Named to ASP Mi8's Board of Directors
	* Auto Site Developer BVerticals Appoints Auto Exec To Board
	* Red Oak Software Names Information Technology Execs to Board
	* Telecomm Broker Chapel Hill Broadband Names First Chairman

	new people

	* Multimedia Firm KeeBoo Appoints Bertelsman Exec as CEO
	* Global Telecom Provider edge2net Names New CEO, Chairman
	* Net Marketplace Apps Developer TechTrader Announces New CEO
	* Multimedia Tech Firm ViaGate Technologies Announces New CEO
	* New CEO, President Named At Wireless Tech Firm TracerNET
	* Sales & Marketing Apps Firm Promptu Appoints Tech Exec CEO

	vc fund news

	* British Telecom Establishing New Incubator, Brightstar
	* At First Close, Odin Capital Has $40.6 Million For New Fund
	* Electronics for Imaging Starts Venture Fund with $20 Million

	vc personnel

	* ETF Group Opens Two More European Offices

	TOP STORIES... NEW MONEY... BAD NEWS... NEW PRODUCTS... M&A... NEW
DIRECTORS... NEW PEOPLE... VC FUND NEWS... VC PERSONNEL

	Where will you find the world's leaders in the optical
	communications industry discussing the latest trends,
	developments, and future direction of the field?
	Optix2001 Feb 11-14 in Pasadena CA.

	Be on the cutting edge of optical communications technology
	with industry experts and scholars such as Joe Bass, VP and
	GM of the Wavelength Routing Business Unit at Cisco Systems,
	and John E. Bowers, Professor and Director of the
	Multidisciplinary Optical Switching Technology Center at
	UC Santa Barbara.

	Also participating are CEOs from the top 48 optical
	communications organizations, providing attendees with an
	unparalleled inside look at the companies and players in
	this dynamic field.

	Participation at this event is subject to approval and is
	limited to senior executives involved in the optical
	communications industry. For your registration pack link to:
	communications industry. For your registration pack link
to:http://www.optix2001.com/optix_reg.html

	top stories
	?
	The Sprout Group Raises $1.6 Billion in New Fund
	?	?	MENLO PARK, Calif. (VENTUREWIRE) -- The Sprout Group, a venture capital firm ?that focuses on technology-based companies, said it raised $1.6 billion in ?its eleventh fund. The fund will be used over a three-year period with each ?investment ranging in size from $10 million to $50 million.  Since its ?inception in 1969, the Sprout Group has financed more than 350 companies and ?raised nearly $3.5 billion in committed capital. The company raised $860 ?million in its previous fund.    ?	http://www.sproutgroup.com?	?	Suez Lyonnaise Takes 30% of Europatweb with $255 Million?

	PARIS (VENTUREWIRE) -- Group Arnault announced that Suez Lyonnaise des Eaux
would take a 30% equity stake in its wholly-owned subsidiary Europatweb with
an investment of EUR 300 million ($255 million). Four of Europatweb's 50
company holdings that will not receive investment from Suez Lyonnaise are
expected to reach separate marketing agreements with the company. The
investment comes as part of a larger agreement between Group Arnault and Suez
Lyonnaise. This past June, Group Arnualt said that Europatweb would not make
a previously planned initial public offering. Europatweb was launched last
year with EUR 500 million ($425 million).
	http://www.europatweb.com

	Lockheed Spin-off TeraConnect Raises $40 Million Round One
	?	?	NASHUA, N.H. (VENTUREWIRE) -- Optical component company TeraConnect said it ?completed its spin off from Lockheed Martin company Sanders with a $40 ?million first round funded by Goldman Sachs, Kodiak Venture Partners, and ?Spectrum Equity Investors. The company said it will use the funding for ?further product development. Kodiak Venture Partners managing general partner ?Dave Furneaux is chairman of TeraConnect's board of directors. TeraConnect ?develops optical components for router, server, and telecommunications ?infrastructure markets. Telephone 603-885-2988.?	?	Yazam Chief Executive Yaacov Ben-Yaacov Resigns?

	JERUSALEM (VENTUREWIRE) -- Yaacov Ben-Yaacov, chief executive officer of
Yazam, an investment and acceleration firm for new technology companies, has
resigned, according to a spokesperson for the company. The status of Mr. Ben
Yaacov and Yazam's president, Phillip Garfinkle, has been uncertain for the
past week. The company would not comment on whether Mr. Garfinkle remains
with Yazam. A source at the company said that an executive search firm had
been hired to seek a replacement for Mr. Ben-Yaacov. According to the
company, Yazam has $40 million in available capital and several tens of
millions more under management. Despite the surrounding turmoil the company
continues to make investments, including the approval of $3 million in
funding for three new startups confirmed by the company's committment
committee. Yazam is backed by JP Morgan, Merrill Lynch, Texas Pacific Group,
Carlyle Internet ! Partners Europe, Apax Partners, Itochu International, the
China Development Industrial Bank, and Charles Schwab.
	http://www.yazam.com

	new money
	?
	Software Firm Valaran Raises $10.2 Million First Round
	?	?	WAYNE, Pa. (VENTUREWIRE) -- Valaran, which makes software for communication ?service providers, said it has raised $10.2 million in its first round of ?funding from leads TL Ventures and EnerTech Capital Partners and from Celtic ?House International and Kinsman Capital. Mike Burns, a partner at TL ?Ventures; Bill Kingsley, managing director of EnerTech Capital Partners; and ?Debi Rosati, general partner of Celtic House International, will sit on ?Valaran's board. The company said it will use the funds to build its staff, ?develop the business, and launch its products.   ?	http://www.valaran.com?	?	Heathcare Tech Firm Eko Systems Gets $2.3 Million Round One?

	BETHESDA, Md. (VENTUREWIRE) -- Eko systems, which develops healthcare
software and hardware, said it has raised $2.3 million in its first round of
funding from BeaconVentureCapital.com. The company said it will use the funds
to build its management team and to bring its patient data application
Frontiers to market.
	http://www.ekosystems.com

	Network Security ASP NetPlexus Has $5 Million First Round
	?	?	FAIRFAX, Va. (VENTUREWIRE) -- NetPlexus, a network security application ?security provider, said it received $5 million in its first round of funding ?led by MCG Capital. eMedia club also participated in the round. The company ?said it will use the funds to develop its management team, expand its ?network-operating center, and for sales and marketing. Members from MCG and ?eMedia will join the board of directors.?	http://www.netplexus.com?	?	Software Firm PowerLoom Raises $1.1 Million Seed Round?

	PITTSBURGH (VENTUREWIRE) -- PowerLoom, which makes software for Internet
trading marketplaces, said it has raised $1.1 million in a seed round of
funding from institutional investor Topps, a sports collectibles firm, and
from individuals including Raj Reddy, ex-dean of the computer science
department at Carnegie Mellon and co-chair of the President's IT Committee;
Jaime Carbonell, director of language technologies at Carnegie Melon; and
Venkat Srinivasan, CEO of eCredit, a financial services Web site. PowerLoom
said it will build an online exchange site for Topps for an additional
$500,000, which will count as revenue. Steve Katz and Warren Friss,
co-directors of Topps' Internet unit, will share a seat on PowerLoom's
board.
	http://www.powerloom.com

	Software Firm SmartSignal Closes Round One at $7.4 Million
	?	?	LISLE, Ill. (VENTUREWIRE) -- SmartSignal, a developer of error detection ?software for equipment that uses electronic sensors, said it closed a $7.4 ?million first round of funding with a $1 million investment from Archer ?Daniels Midland Company, a food processing and distribution company. The ?company also received first round funding from CID Equity Partners, Fawn ?Capital Partners, Perfect World Technologies, ARCH Development, and SSC ?Investors.      ?	http://www.smartsignal.com?	?	Waveguide Components Firm Optical CrossLinks Gets Seed Funds?

	KENNETT SQUARE, Pa. (VENTUREWIRE) -- Optical CrossLinks, which designs and
manufacturers single mode and multi-mode waveguide components for fiber optic
transmissions systems, said it has closed a multi-million dollar capital seed
round led by a Lehigh Valley, Pa.-based group of telecommunications
executives and other professionals. Other investors included Essex Investment
Management Company and individuals in the investment banking and equity
market communities.
	http://www.opticalcrosslinks.com

	Wireless Services Firm NearMe Raises First Part of Series A
	?	?	SEATTLE (VENTUREWIRE) -- NearMe, a wireless services provider that supplies ?information on a user's immediate locale, said it has raised an undisclosed ?amount of funding from undisclosed investors as part of its still-open Series ?A round. The company also announced that David Bluhm, a former executive at ?Motorola and co-founder of 2Way Corp., has been appointed as the company's ?first CEO. The company, which spun off from location-based technology firm ?MapInfo, added it will relocate to Seattle but will retain its Albany, N.Y. ?site for research and development. The company said it will use the funds to ?establish its Seattle headquarters, accelerate the launch of its products, ?and for technology development.    ?	http://www.nearme.com?	?	Data Communication Firm Bravida Lands $33 Million Series B?

	PALO ALTO, Calif. (VENTUREWIRE) -- Bravida, a developer of data
communications infrastructure products, said it received $33 million in its
Series B round of funding, led by Patricof & Co. Ventures. Advanced
Technology Ventures, Anila Fund, i-Hatch Ventures, Onset, and St. Paul
Ventures also participated. Michael Duran of Patricof & Co. and Moses S.
Joseph from Anila Fund will join the company's board of directors. The
company will use the funds for product development and to expand its staff.
	http://www.bravidacorp.com

	E-Business Firm TIS Worldwide Gets $23 Million in Round Two
	?	?	NEW YORK (VENTUREWIRE) -- TIS Worldwide, an online business integrator that ?specializes in delivering Internet-based sales and customer service ?applications, said it raised $23 million in its second round led by ?Silverline Technologies and Westbury Equity Partners. Previous investor ?Goldman Sachs also participated, along with Pogue Capital Management and Rana ?Investment Company. Shankar Iyer, CEO of Silverline Technologies, and Joseph ?Fogg, chairman of Westbury Capital Partners, joined the board of directors. ?The company will use the funds to develop new services, expand its ?technology, and for corporate branding.?	http://www.tisworldwide.com?	?	E-Learning System Firm WebCT Closes $70 Million Sixth Round?

	LYNNFIELD, Mass.  (VENTUREWIRE) -- WebCT, a provider of integrated Internet
learning systems for the higher education market, said it completed a $70
million sixth round of financing with a new undisclosed amount of funding
from the Munder NetNet Fund. WebCT opened the round earlier this year. SCT, a
provider of software and services to support the business processes of higher
education, made a strategic investment in WebCT in June. Thomson Learning, a
division of the publicly traded Thomson Corp., also made a strategic
investment in September. The company has raised a total of $125 million to
date. Previous investors include CMGI @Ventures, the venture capital
affiliate of CMGI; Chase Capital Partners; BancBoston Ventures; NetInvest;
Boston Millennia Partners; Welch & Forbes; Duke Management, the investment
arm of the Duke University Endowment Fund; Kestrel Venture Management; and
MTDC.
	http://www.webct.com

	HyperTrust, Hosted Security Firm, Has $1 Million Funding
	?	?	LEUVEN, Belgium (VENTUREWIRE) -- HyperTrust, which is developing a hosted ?platform for secure communications and transactions based on digital ?signatures, said it raised EUR 1.24 million ($1 million) in its first ?funding. Investors in the round included Belgian business accelerator ?AdValvas Group and IT-Partners. The company said it will use the funding to ?continue its product development. HyperTrust rents secured infrastructure ?space to customers with a guarantee of security measures. Sir Martin Lagauw ?of AdValvas Group and Stefaan Nicolay of IT-Partners will both take seats on ?the company's board of directors. ?	http://www.hypertrust.com?	?	Camp Web Site Iluvcamp.com Receives $2.1 Million Series B ?

	AUSTIN, Texas (VENTUREWIRE) -- Iluvcamp.com, an Internet-based service that
connects parents with their children at camp and campers with their friends,
said it received  $2.1 million as part of its Series B round from Prime New
Ventures and several individual investors, including Prime's managing
director, Greg Marchbanks. The company said it would use the funding to
further develop its products.
	http://www.iluvcamp.com

	Online Aplications Firm Fullscope Gets $10 Million Round Two
	?	?	ANN ARBOR, Mich. (VENTUREWIRE) -- Fullscope, a provider of online ?applications and services, said it  received $10 million in its second round ?of funding led by Massey Burch and River Cities Capital Funds. Previous ?investors EDF Ventures, Operon Partners, Scient, and Wakefield Group also ?participated. The company said it will use the funds to expand and develop ?its sales and marketing initiatives. Bill Earthman, a partner with Massey ?Burch, and Carter McNabb, an associate with River Cities Capital Funds, will ?join Fullscope's board of directors. The company is also backed by individual ?investors. Fullscope has raised $14.5 million to date. ?	http://www.fullscope.com?	?	Internet Consulting Firm CyberTouch Secures $6 Million?

	KUALA LUMPUR (VENTUREWIRE) -- CyberTouch, a Pan-Asian full service Internet
consulting firm, said it raised $5 million in funding from venture firm
Walden International Investment Group, and $1 million from BroadVision, a
supplier of personalized Internet business applications. The company said it
will use the funds to continue its expansion into Asia, and to expand its
services. The company expects to open new offices in Hong Kong and China
within the next year. Telephone 650-261-5940.

	Optical Wireless Firm fSona  Raises $18.4 Million Series C
	?	?	VAN COUVER, British Columbia (VENTUREWIRE) -- fSona Communications, an ?optical wireless communications firm, said it has raised $18.4 million in its ?Series C round from new investors Signal Lake Ventures Fund II, The Photonics ?Fund, Equitek Capital, Network Capital and from previous investors Royal Bank ?Ventures, Working Opportunity Fund, and High Street Partners. The company ?said it will use the funds to expand its production facilities and to develop ?and research new products.    ?	http://www.fsona.com?	?	Web Publisher BizSpace Secures $1.2 Million in Third Round?

	KANSAS CITY, Mo. (VENTUREWIRE) -- BizSpace, a  developer of Web sites that
target the technology and telecommunications industries, said it raised $1.2
million in is third round of funding led by previous investor St. Joseph
News-Press & Gazette. Other investors included individual investor George H.
Young, managing director of Lehman Brothers' global communications, and K.C.
Venture Group. The company said it will use the funds for general corporate
purposes.
	http://www.bizspace.com

	bad news
	?
	Independent Web Network Bla-bla Cuts Staff by 30%
	?	?	NEW YORK (VENTUREWIRE) -- Bla-bla.com, an online portal for independent ?content, said it cut 16 people, or 30% of its staff. The company cut ?employees from every department, but said the strongest hit were the ?technology and software departments. The company said the lay-offs were a ?result of a downturn in the online advertising market. Bla-bla also said it ?just received an undisclosed amount of funding which a company spokesperson ?said would keep it 'extremely healthy for at least a year,' but would not ?release further details. The company hopes to increase its marketing and ?sales to increase revenue. Bla-bla is funded by Silicon Alley Venture ?Partners, Hudson Venture Partners, Liberty View Equity Partners, SBIC, ?Youngtree Partners, and Stonehenge Capital.?	http://www.bla-bla.com?	?	CheMatch.com Lays Off 8 Employees But Expects More Funding?

	HOUSTON (VENTUREWIRE) -- CheMatch.com, a marketplace for buying and selling
bulk commodity chemicals, plastics, and fuel products, said it laid off 8
employees, reducing its workforce to 85. The company, which withdrew its IPO
in October, also said it expects new funding before the end of the year from
investors that include its original backers. CheMatch is backed by Battery
Ventures, Bayer, Computer Sciences Corp., E.E. DuPont de Nemours & Co.,
Methanex, Millennium Chemicals, H. Muehlstein & Co., Reed Elsevier, Sprout
Group, Stolt-Nielsen, and TownsendTarnell.
	http://www.chematch.com

	new products
	?
	Linux-Based Net Service Apps Developer Filanet Launches
	?	?	SUNNYVALE, Calif. (VENTUREWIRE) -- Filanet, a developer of Internet service ?appliances, announced it has launched. The company has developed a ?Linux-based Internet service appliance that allows information technology ?service providers to remotely deliver and manage IT, Internet, and ?application services to their small and medium size business customers. The ?company was founded by Avner Ben-Dor, a former vice president of engineering ?at Kalpana Networks, later acquired by Cisco. Filanet is backed by Weiss, ?Peck & Greer, now Lightspeed Venture Partners; Menlo Ventures; Stanford ?University; Canaan Partners; Advent International; Ricoh Silicon Valley; and ?individual investors.    ?	http://www.filanet.com?	?	Investment Consortium Led by CVC Asia Launches Mercury Corp.?

	SEOUL, Korea (VENTUREWIRE) -- A consortium of investors led by CVC Asia
Pacific said they acquired the networking, switching, and fiber optic cable
business of Daewoo Telecom and were launching it as a new company, Mercury
Corp. Other investors in the buy out include CVC Capital Partners, The
Carlyle Group, PPM Ventures, and Citigroup. Financial details of the
acquisition and subsequent launch were undisclosed. CVC Asia Pacific will
have two seats on the new company's board of directors and The Carlyle Group
and PPM Ventures will each have one seat on the board as a result of their
involvement in the launch of the new company. Telephone +44-207-420-4240.

	HR Tech Firm TalentPoint Changes Name to Kenexa
	?	?	WAYNE, Pa. (VENTUREWIRE) -- TalentPoint, a provider of services and ?technology for recruiting, deploying, and retaining corporate talent, said it ?will change its name to Kenexa. The company said the name Kenexa enables it ?to differentiate itself from other companies presently using "talent" in ?their corporate names. The company had changed its name from Raymond Karsan ?Associates in May. Kenexa is backed by Parthenon Capital. ?	http://www.talentpoint.com?	?	Monitoring Firm Gecko Software Now Eccord Systems?

	SAN JOSE, Calif. (VENTUREWIRE) -- Gecko Software, a provider of technology
that enables IT firms to monitor the performance quality of critical business
services in real time, said it changed its name to Eccord Systems. The
company raised $2 million of first round funding from Pond Vetnure Partners
that was announced in August.
	http://www.eccordsystems.com

	Online Software Firm iSwag.com Changes Name to Develos
	?	?	LAS VEGAS (VENTUREWIRE) -- iSwag.com, which develops and markets software ?products and services for Internet, Intranet and extranet applications, said ?it has changed its name to Develos. The company, which was formed as a ?business-to-business site for brand merchandising and promotional products ?companies, said it will now provide online services to a variety of markets, ?including the printing, media, and food and beverage industries. Develos is ?backed by Grand Capital, Spotlight Interactive, Zanett Securities, and ?individual investors.   ?	http://www.develos.com?	?	m&a?	??	E-Payment Firm Trintech Buys Globeset for $31 Million ?

	SAN MATEO, Calif. (VENTUREWIRE) -- Trintech, a publicly-traded provider of
electronic payment infrastructure technology, said it has acquired another
e-payment firm, Globeset, and all of its intellectual property rights to its
software products. Globeset was acquired for $10 million in stock, $21
million in cash, and the assumption of liabilities. Globeset is backed by
Compaq, CitiGroup, Deustche Bank, Chase Manhattan, American Express, and
individual investors.
	http://www.globeset.com
	http://www.trintech.com

	Government Web Services Firm Netgov.com Acquires Gov24.com
	?	?	CHICAGO (VENTUREWIRE) -- Netgov.com, a provider of Internet services to local ?governments and government institutions, said it acquired Gov24.com, a ?provider of Web-based products for courts and other government agencies. ?Terms of the deal were undisclosed. Gov24.com and its 25 employees will stay ?in Cleveland, Ohio. Willem Sellenraad, co-founder and CEO of Gov24.com, will ?remain with the company as senior vice president of court solutions. ?Netgov.com is backed by Minotaur Capital Management, Blue Chip Venture ?Company, Gazelle Tech Ventures, and Softbank Venture Capital. Gov24.com is ?backed by Big Sky Capital.?	http://www.gov24.com?	http://www.netgov.com?	?	Global Supply Chain Firm FreeBorders Buys Applied Intranet?

	SAN FRANCISCO (VENTUREWIRE) -- FreeBorders, a provider of international
supply chain technology for the apparel, textile, and retail industry, said
it has acquired Applied Intranet Technologies, which provides collaborative
product design and development applications. The financial terms of the
acquisition were not disclosed. Freeborders, which raised $25 million in a
recent second round, is backed by ICG Asia, IBM, Fountain Set, Crystal Group,
Luen Thai, a garment manufacturer, Tal Apparel, Orient Holding International,
Grupo Mina, McKinsey and Co., EMVA and Saints Venture Advisors. Applied
Intranet was backed by Internet Capital Group.
	http://www.freeborders.com

	Palmspring Acquires Mobile Generation, Now Called Handmark
	?	?	KANSAS CITY, Mo. (VENTUREWIRE) -- Palmspring, a Palm OS based devices ?software developer, said it acquired Mobile Generation Software, and its Web ?site, mobilegeneration.com, which serves the Palm OS handheld market, for an ?undisclosed amount. The acquisition gives Palmspring software titles for Palm ?OS devices, including MobileDB, used for Palm OS handhelds; Four.Zero, the ?student software used on college campuses and in high schools; and 12 ?additional applications. Palmspring also announced that the company will ?change its name to Handmark by the end of this year. Cassidy Lackey, founder ?of Mobile Generation, will become vice president of engineering for ?Handmark.  The companies are backed by undislcosed investors.     ?	http://www.handmark.com?	http://www.mobilegeneration.com?	?	Wireless Firm Stellcom Acquires Interface Firm Digital Asylu?

	SAN DIEGO (VENTUREWIRE) -- Stellcom, a San Diego-based wireless systems
integration and mobile workforce applications firm, said it has acquired
Digital Asylum, a self-funded, usability focused interface and design firm,
for an undisclosed amount. The company said that Digital Asylum, also San
Diego-based, will move into Stellcom headquarters. Stellcom raised $50
million in its Series B round of financing earlier this month from Goldman
Sachs and Frontenac.
	http://www.digitalasylum.com
	http://www.stellcom.com

	XML Provider Cape Clear Acquires Java Tech Firm Orbware
	?	?	DUBLIN (VENTUREWIRE) -- Cape Clear Software, which provides XML ?infrastructure, said it acquired London-based Orbware, which provides ?products based on Java technology. The acquisition was made with a ?combination of cash and stock. All of Orbware's management and employees will ?be retained and absorbed into Cape Clear. Cape Clear Software is backed by ?ACT Venture Capital. The company's product suite provides transport, ?workflow, and transformation capability that enables middelware components to ?be integrated with XML-based Internet applications. ?	http://www.capeclear.com?	http://www.orbware.com?	?	new directors?	??	Transcription Firm WordWave Adds Mainspring Exec to Board?

	BOSTON (VENTUREWIRE) -- WordWave, a provider of digitized information
transcription and searchable multimedia, said it appointed Ron Frank to its
board of directors. Mr. Frank is vice president and managing director at
Mainspring, which provides electronic commerce strategy consulting services.
WordWave is backed by Highland Capital Partners and Berkshire Partners.
	http://www.wordwave.com

	AT&T'S Bruce Goemaat Named to ASP Mi8's Board of Directors
	?	?	NEW YORK (VENTUREWIRE) -- Mi8, an application service provider for small and ?mid-size organizations, said that it named Bruce Goemaat to its board of ?directors. Mr. Goemaat has held various positions at AT&T for more than 25 ?years and currently serves as vice president of special markets. Mi8 received ?an undisclosed equity investment from Safeguard Scientifics in March and is ?also backed by individual investors.   ?	http://www.mi8.com?	?	Auto Site Developer BVerticals Appoints Auto Exec To Board?

	CORTE MADERA, Calif. (VENTUREWIRE) -- BVerticals, which develops automotive
Web sites for car enthusiasts, said it has appointed John Waraniak to the
board as its third member. Mr. Waraniak was an executive at Johnson Controls,
an automotive facilities and systems control firm, and has worked at several
companies including General Motors and Hughes Aircraft. BVerticals is backed
by outside investors.
	http://www.bverticals.com

	Red Oak Software Names Information Technology Execs to Board
	?	?	MOUNTAIN LAKES, N. J. (VENTUREWIRE) -- Software firm Red Oak Software said it ?has appointed Gregor Bailar, executive vice president and CIO for the ?National Association of Securities Dealers, and Ed Coleman, former IBM ?executive and president and CEO of equipment reseller CompuCom, as its ?board's third and fourth members. Red Oak Software recently launched the ?Legacy Integrator, an enterprise application integration product. Red Oak ?raised $2 million from Opticality Ventures in its first round of funding ?earlier this year.   ?	http://www.redoaksw.com?	?	Telecomm Broker Chapel Hill Broadband Names First Chairman ?

	CARY, N.C. (VENTUREWIRE) -- Chapel Hill Broadband, a carrier-neutral broker
of wholesale telecommunications services, said it named the company's
president Brent Wilkins as its first chairman of the board. Mr. Wilkins has
been the company's president since it started in March. Prior to joining the
company, Mr. Wilkins was the director of wholesale services at Interpath
Communications, a subsidiary of Carolina Power and Light. Chapel Hill
Broadband is funded by Star Supply, an oil and gas broker.
	http://www.chbroadband.com

	new people
	?
	Multimedia Firm KeeBoo Appoints Bertelsman Exec as CEO
	?	?	BOSTON (VENTUREWIRE) -- KeeBoo, which makes multimedia Web books and digital ?content applications, said it has appointed Michael C. Hedegaard, former CFO ?of Grupo Editorial Bertelsman, a division of Bertelsman, as CEO. He replaces ?Michael Safars, who will become chairman of the board. Earlier this month ?KeeBoo raised $11 million in its second round of financing led by Paribas ?Affaires Industrielles.?	http://www.keeboo.com?	?	Global Telecom Provider edge2net Names New CEO, Chairman?

	KIRKLAND, Wash. (VENTUREWIRE) -- edge2net, a provider of international
telecommunications services, said it has appointed Tom Pardun chief executive
officer and chairman of the board. Mr. Pardun previously served as president
of MediaOne's Asia Pacific operation. He also serves on the board of Western
Digital Corporation. Mr. Pardun is expected to help the company build develop
its enhanced circuit and IP based networks. edge2net is backed by AT&T
Ventures, Cedar Grove Investments, Columbia Capital, and individuals.
	http://www.edge2net.net

	Net Marketplace Apps Developer TechTrader Announces New CEO
	?	?	WASHINGTON (VENTUREWIRE) -- TechTrader, which develops software for ?business-to-business Internet marketplaces, said it has named Matt ?Suffoletto, former senior vice president and general manager at Primavera ?Systems, as CEO, replacing founder Jacob Pechenik, who will remain chairman ?of the board. TechTrader raised $19 million in its second round of financing ?led by J Net Enterprises and Vistaar.    ?	http://www.techtrader.com?	?	Multimedia Tech Firm ViaGate Technologies Announces New CEO?

	BRIDGEWATER, N. J. (VENTUREWIRE) -- ViaGate Technologies, which designs and
distributes multimedia access products, said it has appointed Dennis Roth as
president and CEO. Mr. Roth replaces Brian Chen, who will now be CTO and will
remain on the board. Idanta Partners and Needham Capital Partners invested
$25 million in ViaGate earlier this year.
	http://www.viagate.com

	New CEO, President Named At Wireless Tech Firm TracerNET
	?	?	CHANTILLY, Va. (VENTUREWIRE) -- TracerNET, which provides integrated wireless ?location and message technology, said Eric Oganesoff, formerly chief of ?electronic marketing strategy of Louisiana Pacific Corp., has joined the ?company as its new president and chief executive officer. Before working at ?Louisiana Pacific, Mr. Oganesoff was chairman and CEO of GreenStone ?Industries, which he founded. TracerNet is backed by undisclosed individual ?and institutional investors.?	http://www.tracernet.com?	?	Sales & Marketing Apps Firm Promptu Appoints Tech Exec CEO?

	MILPITAS, Calif. (VENTUREWIRE) -- Promptu, a Web-based marketing and sales
applications firm, said it has appointed Godfrey Sullivan as its chief
executive officer. Mr. Sullivan is former vice president of business
marketing at Apple Computer and executive vice president at Autodesk, a
design automation firm. He replaces founder and current CEO Alan Chase, who
will remain chairman of the board. Promptu raised $3.3 million in its Series
B round from Swander Pace Capital in August of this year.
	http://www.promtu.com

	vc fund news
	?
	British Telecom Establishing New Incubator, Brightstar
	?	?	LONDON (VENTUREWIRE) -- BT, the English telecommunications firm, said it was ?forming a new incubator, Brightstar, to take enable BT employees to utilize ?the company's technologies and develop businesses. A spokesperson for BT said ?that the company would only incubate those technologies that could attain a ?GBP 100 million market capitalization within three years. Brightstar, based ?in the company's Advanced Communications Technology Center at Adastral Park, ?will bring six or seven of its ideas under development to the launch stage by ?2001, according to the company. ?	http://www.bt.com?	?	At First Close, Odin Capital Has $40.6 Million For New Fund?

	OMAHA, Neb. (VENTUREWIRE) -- Odin Capital Group, a private equity investment
firm, said it has completed the initial close of its first fund, raising
$40.6 million. The fund will invest $1 million to $5 million in information
services, niche financial services, and electronic commerce companies.
Investors in the fund are the Omaha School Employees' Retirement System and
eOne Global, a new payment technology company founded by First Data Corp. and
iFormation Group. The fund is managed by Odin's founding partners, David
McLeese, Thompson Rogers and Donna Walsh.
	http://www.odincapital.com

	Electronics for Imaging Starts Venture Fund with $20 Million
	?	?	FOSTER CITY, Calif. (VENTUREWIRE) -- Electronics for Imaging, a publicly ?traded company that develops network printing technology, said it invested in ?two companies through its newly formed venture capital fund. The fund, first ?announced in October, was formed with an initial investment of $20 million in ?order to back early-stage companies developing imaging technologies. The ?first of these investments was in D2P, which provides workflow and online ?graphics solutions for the graphic arts industry. The company links ?publishers, advertising agencies, design studios, and their clients with ?printers, output bureaus, and copy centers. Electronics for Imaging also ?invested in DOR Ventures, a venture capital fund that invests in new media ?publishing, printing, and imaging related technologies.?	http://www.efi.com?	?	vc personnel?	??	ETF Group Opens Two More European Offices?

	MANNO, Switzerland (VENTUREWIRE) -- ETF Group, an investment firm that
focuses on emerging technology, media and telecommunications companies, said
it opened new offices in London and Paris. Maurice Khawam, formerly a partner
with Apax Partners, will run the Paris office, and Olav Oftin, previously
director at Enskilda Securities, will run the London office. The company
opened its first U.S. office last week.
	http://www.etfgroup.com

	company index
	?	?	BizSpace, Bla-Bla.com, Bravida, British Telecommunications, BVerticals, Cape ?Clear Software, Chapel Hill Broadband, CheMatch.com, Develos, Digital Asylum, ?Eccord Systems, edge2net, Eko Systems, Electronics for Imaging, ETF, ?Europ@web, Filanet, FreeBorders, fSona Communications, Fullscope, Globeset, ?Gov24.com, Handmark, HyperTrust, Iluvcamp.com, KeeBoo, Mi8, Mobile Generation ?Software, NearMe, Netgov.com, NetPlexus, Odin Capital Group, Optical ?CrossLinks, Orbware, PowerLoom, Promptu, Red Oak Software, SmartSignal, ?Sprout Group, Stellcom, TalentPoint, TechTrader, TIS Worldwide, TracerNET, ?TrinTech Group, Valaran, ViaGate Technologies, WebCT, WordWave, Yazam.com?	?	?	?	A HUNDRED THINGS YOU HAVE NOT DREAMED OF?	?	Technology Outlook 2000 will bring together the CEOs of?	100 of the most exciting start-ups developing pervasive?	and mobile-computing technologies.  Tracks include:?	?	Consumer Devices, Consumer Software, Electronic Books,?	Enabling Technology, Home Networking, Internet Appliances,?	Mobile Commerce, Access Technology, Mobile Services,?	Communication Solutions, Video Solutions, Distributed?	Computing, Systems Software, Location-Based Services,?	Voice Portals, and Telephony?	?	Only a handful of tickets remain for this unique event?	Technology Outlook 2000: The Future of Pervasive Computing?	December 4 and 5, San Franciscohttp://technologicpartners.com/tp/conf/to2000/?	?	?	investor index?

	AdValvas Group, Advanced Technology Ventures, Anila Fund, Beacon Ventures,
Celtic House International, eMedia Club, EnerTech Capital Partners, Equitek
Capital, Essex Investment Management, Goldman Sachs Group, High Street
Partners, i-Hatch Ventures, IT-Partners, K.C. Venture Group, Kinsman Capital,
MCG Credit, Munder NetNet Fund, Network Capital, News Press & Gazette, Onset
Ventures, Patricof & Co. Ventures, Photonics Fund, Pogue ! Capital
Management, Prime New Ventures, Rana Investment, Royal Bank Ventures, Signal
Lake Venture Fund, Silverline Technologies, St. Paul Venture Capital, TL
Ventures, Topps, Westbury Equity Partners, Working Opportunity Fund

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We are injecting gas into EGAN storage today through Monday, off of Texas Gas
and CGLF.  We will be withdrawing this gas ratably in Dec into Texas Gas.  I
will probably make a mistake or two on my deals because I'm kinda sleepy.

Crystal will help me set up the deals on EGAN.  I am currently using a CPR
Storage deal ticket and I believe that is incorrect.  I will let everyone
know the deal tickets by the end of the day.


Tyrell,  I am assuming that Cannon has not signed the amendment to the letter
agreement yet and we can just modify that letter.  Let me know and I will
modify the amendment letter to reflect the new payment date.

----- Forwarded by Gerald Nemec/HOU/ECT on 04/23/2001 09:30 AM -----

	Barry Tycholiz@ENRON
	04/21/2001 10:03 AM

		 To: Tyrell Harrison/NA/Enron@Enron
		 cc: Julie A Gomez/HOU/ECT, Gerald Nemec/HOU/ECT@ECT
		 Subject: Re: Cannon Interests' Payment

Yes, we can make that payment for any date.  Let's raise a letter amending
the payment from 30 days to whatever date he wants.
BT


Steve Stonestreet said you have an email address for our team.  I would like
to have that please.

I need to know what our demand charges are for some contracts that start in
November.

thanks


(See attached file: aga122801.PDF)

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 - aga122801.PDF


Jim:  We delivered a draft to our trader on 2/7/00 and I believe that you
also received a copy.  We would need to re-evaluate given the lapse of time
since the prior draft.  Thanks.  Sara

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com

	Jimdelani@aol.com
	01/17/2001 04:11 PM

		 To: Sara.Shackleton@enron.com
		 cc:
		 Subject: ENERGY NEW ENGLAND / ENRON ISDA STATUS INQUIRY

Sara:

Just doing a follow up inquiry regarding the status of our request for an
ISDA Agreement with Enron. Also to inquire if there is anything else you may
need as part of your eveluation.

Thanks
Jim Delani


===================== FOOLWATCH - THE MOTLEY FOOL ===============
                       Wednesday, October 24, 2001
rshapiro@enron.com
=================================================================
Editor's Picks:
---------------------
- Stock Tricks or Treats?
- Online Seminar: Tom and David's Tips for Turbulent Times
- Will Intel Bounce Back?
- Still Not Buying Amazon
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  When the economy recovers will Intel leap out of the discount
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  Jeff Fischer loves Amazon's service, but given lackluster
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MsgId: msg-25124-2001-10-24_17-54-57-644973_1_Plain_MessageAddress.msg-18:50:07(10-24-2001)
X-Version: mailer-sender-master,v 1.84
X-Version: mailer-sender-daemon,v 1.84
Message-Recipient: rshapiro@enron.com


fyi
----- Forwarded by Mark E Haedicke/HOU/ECT on 04/10/2001 08:44 AM -----

	Philippe A Bibi/ENRON@enronXgate
	04/06/2001 01:45 PM

		 To: Mark E Haedicke/HOU/ECT@ECT
		 cc: Nigel Denty/LON/ECT@ECT
		 Subject: FW: IT assistance

 Mark,

 As discussed from a legal perspective please make sure that you get back to
Nigel prior to Monday if you do not feel comfortable with this.....

 Regards

 P.
 -----Original Message-----
From:  Denty, Nigel
Sent: Friday, April 06, 2001 11:40 AM
To: Bibi, Philippe A.
Cc: Cline, Wade; Rub, Jenny; Pickering, Mark
Subject: RE: IT assistance

Phillipe,
I have spoken with Wade, we plan to send Barry Sangster out early next week
to coordinate activities. Assuming we can get the Visa's  sorted Barry should
be able to leave  London Tuesday morning at the latest,
regards,
Nigel

From: Philippe A Bibi/ENRON@enronXgate on 06/04/2001 08:27 CDT
To: Wade Cline/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Nigel Denty/LON/ECT@ECT, Jenny Rub/ENRON@enronXgate

Subject: RE: IT assistance

 Wade,

 I have asked Nigel Denty who runs Infrastructure in Europe to call you and
coordinate the removal of sensitive data from our servers located
 in India and have these stored on our servers Physically located in the UK
that you may access.

 Nigel, please treat this as high priority.

 Thanks,

 P.

 -----Original Message-----
From:  Cline, Wade
Sent: Friday, April 06, 2001 1:29 AM
To: Bibi, Philippe A.
Subject: IT assistance

Philippe,

I would like to speak to someone in your group who can help us on a specific
request. We've been bogged down over here with commercial disputes, so I have
not been able to keep up with your current organization. If Dan Bruce is
still involved in assisting you, he would be great, or maybe there is someone
else who can help.

In our current dispute with the gov't, we are concerned about possibilities
of raids by gov't to seize documents, files, etc. We are in the process of
removing hard files from India, taking them to our attorneys' offices in
London. However, I am very concerned about electronic files and e-mails and
such related stuff that could also be seized. This is true of servers,
desktops, laptops and other computer devices.

Who can I speak to to get some guidance about how we can very quickly remove
these items from our systems and hardware here in India? My immediate concern
is getting this stuff out of the country as soon as we can. Once out, I can
worry about indexing and making available specific items upon request to
people in India when they need it.

Thanks for your input.
Wade


tina horowitz
4701 pine street m8
philadelphia, PA 19143
tinah53374@aol.com

To Mr. Ken Lay,

I'm writing to urge you to donate the millions of dollars you made from selling Enron stock before the company declared bankruptcy to funds, such as Enron Employee Transition Fund and REACH, that benefit the company's employees, who lost their retirement savings, and provide relief to low-income consumers in California, who can't afford to pay their energy bills.  Enron and you made millions out of the pocketbooks of California consumers and from the efforts of your employees.

Indeed, while you netted well over a $100 million, many of Enron's employees were financially devastated when the company declared bankruptcy and their retirement plans were wiped out.  And Enron made an astronomical profit during the California energy crisis last year.  As a result, there are thousands of consumers who are unable to pay their basic energy bills and the largest utility in the state is bankrupt.

The New York Times reported that you sold $101 million worth of Enron stock while aggressively urging the company's employees to keep buying it.  Please donate this money to the funds set up to help repair the lives of those Americans hurt by Enron's underhanded dealings.

Sincerely,

tina horowitz


Enron North America Corp.

	From:  David W Delainey                           07/12/2000 03:54 PM

Sent by: Kay Chapman
To: Brian Redmond/HOU/ECT@ECT, Jean Mrha/NA/Enron@Enron, Julie A
Gomez/HOU/ECT@ECT, Mark Frevert/NA/Enron@Enron, John J
Lavorato/Corp/Enron@Enron
cc: Lillian Carroll/HOU/ECT@ECT, Melissa Jones/NA/Enron@ENRON, Venita
Coleman/Corp/Enron@Enron, Jennifer Burns/HOU/ECT@ECT, Nicki
Daw/NA/Enron@Enron, Kimberly Hillis/HOU/ECT@ect
Subject: Re: QBR HPL/LRC/Upstream Origination

Well, we have a slight problem.  Mark has just replied to my memo and he will
not be in Houston on that date.  Could we make it for August 28, 2000 ?

Thanks,

Kay  3-0643

	Enron North America Corp.

	From:  David W Delainey                           07/12/2000 03:40 PM

Sent by: Kay Chapman
To: Brian Redmond/HOU/ECT@ECT, Jean Mrha/NA/Enron@Enron, Julie A
Gomez/HOU/ECT@ECT, Mark Frevert/NA/Enron@Enron, John J
Lavorato/Corp/Enron@Enron
cc: Lillian Carroll/HOU/ECT@ECT, Melissa Jones/NA/Enron@ENRON, Venita
Coleman/Corp/Enron@Enron, Jennifer Burns/HOU/ECT@ECT, Nicki
Daw/NA/Enron@Enron, Kimberly Hillis/HOU/ECT@ect
Subject: QBR HPL/LRC/Upstream Origination

Dave and Mark have asked me to arrange a meeting, QBR HPL/LRC/Upstream
Origination, and I would like to know if August 22, 2000 from 1:00 - 5:00 pm
will work for all of you?

Thank you in advance for your promt attention to this matter.

Thanks,

Kay 3-0643


Is that # right? What gives?

	Andrew Edison@ENRON 06/02/2001 10:53 AM 	   To: Eileen Kisluk/Enron@EnronXGate, Rob Cole/Enron@EnronXGate  cc: Michelle Cash/HOU/ECT@ECT, Richard B Sanders/HOU/ECT@ECT  Subject: Tom Hall Lawsuit

I have settled the Ecogas/Enron/Randy Maffett lawsuit.  No need to thank me,just send me gifts.  Seriously, I talked this morning with Tom Hall and we agreed that Ecogas would pay him $53,000.  Hall has agreed to release Enron, Ecogas, Maffett and every affiliate, related party and subsidiary.  He will also release any and all patent issues. The goal is for him to move on with his life and for us to move on as well.  I have asked Doug Daniels to prepare the settlement papers reflecting such an agreement.


FYI.  Some interesting articles on Chicago natural gas issues.

Laura - I am in the office on Tuesday.  Would you like to talk about these
matters?

Jim

----- Forwarded by James D Steffes/NA/Enron on 01/15/2001 10:19 AM -----

	Susan M Landwehr
	01/14/2001 10:52 AM

		 To: James D Steffes/NA/Enron@Enron
		 cc: Harry Kingerski/NA/Enron@Enron, Janine Migden/NA/Enron@Enron, Roy
Boston/HOU/EES@EES
		 Subject: Crain's - January 15, 2001

Jim--please take a look at these articles that will come out in the Crains
magazine tomorrow.  You'll see that there are both opportunities and potholes
for us on this issue.    It is very likely that we will get sucked into this
debate----the ENA/ Peoples deal which has generally floated under the
regulatory radar in the past is inevitably going to become more prominent.
(Evidence even before these articles is that I received a call from the ICC
staff late last week asking if we could participate in an ICC meeting on
natural gas issue on Jan 23).

The articles (and the gossip that I have heard in the past few weeks) point
out that Peoples is in hot water politically--I would hate to see us dragged
into that sesspool.  On the other hand, if ENA sees significant business
opportunities that could be opened up to them in Illinois by a change in the
regulatory climate, this could be the time to make the play....while the
issue is hot and there may be pressure on the ICC to take some steps that
they normally would not.

I'd appreciate it if we could plan a call to talk about strategy on
Illinois.  I am going to have to give a response to ICC on Tuesday and we
will need to determine who would particpate in the meeting at the ICC.  Roy
and I had put in a call to Laura Luce last Thursday to discuss the request
from the ICC...I have not heard back from her, but Roy may have.

Are you available on Tuesday for a conference call?

----- Forwarded by Susan M Landwehr/NA/Enron on 01/14/2001 10:32 AM -----

	"Fein, David I. - CHI" <david.fein@piperrudnick.com>
	01/13/2001 06:03 PM

		 To: "'Susan_M_Landwehr@enron.com'" <Susan_M_Landwehr@enron.com>,
"'rboston@enron.com'" <rboston@enron.com>
		 cc: "Townsend, Christopher J. - CHI" <chris.townsend@piperrudnick.com>
		 Subject: Crain's - January 15, 2001

Sue & Roy -- We thought that you would find the attached articles regarding
the high natural gas prices in Illinois to be of interest.

To solve gas bill crisis, turn heat up on Peoples
Crain's Editorial - January 15, 2001
Considering the finger-pointing that's going on between politicians,
regulators and Peoples Energy Corp. executives, one thing is becoming
obvious: Fixing blame for the recent astronomical rise in natural gas prices
is much simpler than fixing the problem.
Nonetheless, all of these factions bear some responsibility for this
winter's monthly home heating bills, which, for many residents, are soaring
by hundreds of dollars over last winter's tabs. Each of these groups should
be held accountable for working to devise systems and strategies designed to
blunt future price spikes.
Make no mistake about it, this crisis will not melt away with the spring
thaw. Limited natural gas supplies and increased demand will continue to
pump up bills, rattle price stability and, along with other climbing energy
rates, become the economy's unwelcome "X" factor.
The weight of dealing with these pressures rests with the utilities,
especially Peoples Energy, the city's natural gas provider. To start with,
the utility's management must protect customers by anticipating escalating
demand, hedging risk and locking in gas prices when it can.
These are common business practices, used by corporations and even some
conservative utilities. In Michigan, for example, gas providers charge fixed
rates to customers and hedge their risk by purchasing gas years in advance
under long-term supply contracts. Right now, Michigan pays 29 cents per
therm, compared with the Chicago area's whopping 98 cents.
Peoples argues that it tried to lock in prices but was shot down when it
could not reach an agreement with the Illinois Commerce Commission (ICC),
which regulates the utility, on what the fixed rate should be. In walking
away from the deal, Peoples left customers with the current rate system and
dumped the burden of price fluctuations onto them.
In essence, instead of managing risk, it put its customer base at risk.
Considering that decision and the subsequent fallout, critics are asking
whether Peoples, a regulated monopoly designed to profit from the public's
needs, is acting in the best interest of its customers. Those paying heating
bills - which in some cases are as much as 300% higher than last winter's -
are right to say no, as is Mayor Richard Daley, who's outraged at Peoples.
More troubling are concerns that Peoples management may not be up to the
challenge of resolving this crisis, especially if its recent handling of the
political fallout is an indication. The company acts as if the public has no
right to question its tactics or motivations. And when the Chicago City
Council held a public hearing about the heating bills issue last week,
Peoples Energy Chairman Richard Terry didn't show up.
At these prices, it's not asking too much for the chairman of the gas
utility to explain his company's position. That's not a job meant for a
public relations executive or a consultant, who were among the Peoples
advocates who actually did attend the council hearing.
The ICC shoulders its share of the blame, too. It should have more zealously
monitored the gas supply situation and the utility's plans. Now, the
commission is playing catch-up by holding an investigation into what Peoples
knew about the soaring gas prices and when it knew it.
Let's get an answer to that important question and find out once and for all
if there is price-gouging going on.
Just as critical, however, is the need to foster a statewide regulatory
environment that encourages gas utilities to use more hedging, storing and
price-control strategies. If there is any ambiguity in state law about the
utility's ability to do this, then the General Assembly should change the
rules and open up the process.
Peoples management, regulators and politicians must get beyond the blame
game and find a way to better insulate the public from surprise spikes in
energy prices.
Otherwise, we're all just burning money.

Gas flare-up gives city hot idea: Become a utility
But co-ops mean high risks, mild rewards

Utility man: William Abolt, head of Chicago's Department of the Environment,
is examining ways to cut residents' natural gas bills. One option: opening a
city-owned buying co-op. Photo: Steve Leonard
January 15, 2001
By Steve Daniels <mailto:sdaniels@crain.com>
It's easier said than done.
That's something an angry and frustrated Mayor Richard Daley is about to
learn as his staff begins investigating plans to take on some gas-purchasing
duties on behalf of city residents.
Mr. Daley is livid over what he contends is Peoples Energy Corp.'s failure
to anticipate the rising cost of natural gas, to mitigate a huge run-up in
residents' monthly heating bills this winter. He thinks the city can aid
bill-payers, and punish Peoples, by developing a system that will funnel
lower-cost gas to ratepayers.
But the track record of other municipal gas utilities, or buying
cooperatives, shows that such a system isn't likely to achieve more than
modest rate savings unless the city is willing to take on significant
financial risks.
To protect against the kind of price spikes that have hit customers this
winter, the city would have to buy futures, or long-term contracts, that
could leave it exposed if prices were to decline substantially.
In addition, the city would have to contend with thorny issues such as the
collection of overdue bills and potential cutoffs of service to non-paying
customers - activities for which municipalities are ill-suited.
Despite the risks, utility critics contend that city intervention is
appropriate.
"It's a creative approach, and we need those," says Martin R. Cohen,
executive director of the Citizens Utility Board, a consumer watchdog group.
"These are extreme times, and innovative approaches are called for."
Most municipalities that have gotten into the gas-buying business have been
unwilling to enter into long-term, fixed-price contracts that can shield
consumers against the sort of price spikes that have sent this year's
home-heating bills soaring nearly 300% compared with last year's. That's
because such arrangements can boomerang on customers, locking them into
higher-than-market gas costs if prices fall.
New York experience
"We wrestled with this: Should government really be in this business?" says
David Fountaine, village administrator in Hamburg, N.Y., a suburb of Buffalo
that formed a buying group for its residents in April 1999. "In our case, by
being in it, we've helped our residents."
Hamburg and nearby Sloan, N.Y., together hired a unit of Texaco Inc. to
supply gas to residents who signed up for the communities' program. New York
opened its natural gas market to competition five years ago, so residents
can choose either to remain with their gas utility or select an outside
marketer.
About one-third of Hamburg's 3,300 households buy gas from the village.
Those residents' gas bills last winter were 8% lower than the bills of
households that stayed with Buffalo gas utility National Fuel Gas Co. Last
month, when gas prices shot up, the village's price was 15% lower than the
utility's.
But Mr. Fountaine says the village takes no outsized risks, making no
long-term bets on the direction of gas prices. Rather, it simply relies on
its contractor to manage gas supplies as efficiently as possible.
Chicago officials are looking at programs like the one in the Buffalo area,
but also may be willing to take bigger risks to achieve greater savings.
"We know there are a lot of relatively new risk-management techniques being
used by large (natural gas) consumers," says William Abolt, commissioner of
the city's Department of Environment. "We want to know, what does the
industry do to manage (price) risk? That's what the reasonable company does,
but that's not what the local gas company does."
City officials need look no further than Downstate, where the Illinois
Municipal Gas Agency buys natural gas on behalf of 20 communities that
provide monopoly gas service to their residents. Last September, the agency
locked in prices for 50% to 75% of their customers' winter gas needs,
rolling with the market for the remainder.
That strategy is serving the agency's customers well. They're paying around
70 cents per therm - the measurement the gas industry uses for billing -
this month, compared with the 98 cents per therm that Peoples is charging
Chicago-area customers.
"There's no reason why investor-owned utilities couldn't do the same thing,"
says John Bell, the Municipal Gas Agency's general manager. "I think (a city
program) is a viable alternative if they don't like what they've got."
For its part, Peoples supports the city's desire to become involved in the
market. The move poses no threat to the utility because it doesn't profit on
gas purchases and still would make money on the delivery of the gas to
customers.
Meanwhile, the city is just beginning to consider alternatives. Although Mr.
Abolt says no system will be developed in time to help Chicagoans during
this trying season, a program most likely will be launched next winter.
Weighing the risks
The city's top priority will be to help low-income residents most vulnerable
to escalating heating bills, but all Chicago residents might be able to
choose between the city's program or remaining with Peoples. And one
possibility being considered would enable residents to choose either a fixed
price for gas before winter starts or rates that rise and fall with the
market.
While a fixed-price approach certainly looks good in hindsight right now, it
can have a downside if not managed properly.
In the Buffalo area, the two major private gas marketers offering fixed
prices to households recently dropped out of the residential market, forcing
some 23,000 customers to scramble back to the local utility for gas service.
To meet the unanticipated demand, the utility was forced to purchase gas on
the sky-high spot market.
It just such risks that Chicago officials are weighing. Says Mr. Abolt:
"This is not an overnight thing. You don't just snap your fingers and it
happens."

David I. Fein
Piper Marbury Rudnick & Wolfe
203 N. LaSalle Street
Suite 1800
Chicago, Illinois  60601
(W) 312-368-3462
(F) 312-630-7418
e-mail:  david.fein@piperrudnick.com

PLEASE NOTE THAT MY E-MAIL ADDRESS HAS CHANGED TO REFLECT THE MERGER OF
PIPER & MARBURY AND RUDNICK & WOLFE

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The information contained in this communication may be confidential, is
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For more information about Piper Marbury Rudnick & Wolfe, please visit us at
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____________________________________________________________________________


We are pleased to announce that Dave Duran will replace Janet Dietrich to
co-lead the East Power Wholesale business at Enron.  Dave will continue to
run the highly successful Generation Investments business.

The East Power team will continue to have a single income statement and joint
accountability toward its financial goals as was set out in the
reorganization in late 2000.

Within Dave's Generation Investments group; Michael J. Miller will lead the
effort to acquire new QF projects, Chuck Ward will lead the restructuring
efforts on existing QF projects, and Carl Tricoli will lead the initiative to
develop and market capital products to IPP's.  In addition, Mitch Robinson
will lead a new initiative to evaluate opportunities with coal fired
generation.  Dave and Kevin Presto will attempt to leverage the Generation
Investments business and the Origination activities through a tighter
integration between the two groups.

Dave has over nine years of direct experience in gas and power origination at
Enron including an outstanding performance over the last couple of years
building the Generation Investments business.  He also spent two years
managing Enron's Retail Gas Marketing business in Dublin, Ohio.

The East Power group has had a great start to the year and we feel confident
that the leadership team of Kevin and Dave will lead to continued success.


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

Dear Market Participants:

On the November 1999 & December 1999 Transmission Customer Monthly
Statements many customers have noted under the "Energy Settlement" section
for "Forward Energy" a change in MW-Hrs with no associated change in dollar
amounts.  This is because of a correction in the sign convention for the
MW-Hrs related to external generation transactions (transactions from a
proxy bus to the NYISO reference bus).  For all other types of transactions
the NYISO charges customers the appropriate TUC or LBMP  based on the MWs
that flowed, but for external generation transactions, customers receive
payments from the NYISO, and therefore these types of transactions have an
opposite sign convention.

The dollars associated with the external generation transactions have
always had the proper sign convention, but the MW-Hrs have not.  On
01/17/2000 this sign convention was corrected for all billing months going
forward resulting in the correct MW-Hr values being reported from February
2000 to date.  However, November 1999 - January 2000 did not have the
proper MW-Hrs reported on the Transmission Customer Monthly Statements.
With the latest settlement adjustments posted the MW-Hrs are being
corrected with the proper sign convention.  Transmission Customers will see
similar changes in their forward energy MW-Hrs for January 2000's
settlement adjustment.

If you have any questions please contact your Customer Relations
representative at 518-356-6060.


-----Original Message-----
From:  Williams, Robert C.
Sent: Tuesday, June 19, 2001 12:18 PM
To: 'JBennett <JBennett@GMSSR.com>@ENRON'; Kingerski, Harry; 'Jeff Dasovich
(E-mail)'; 'Jim Steffes (E-mail)'; Smith, Martin; 'Sue Mara (E-mail)'; Frank,
Robert
Cc: 'MDay'; Sharp, Vicki; Smith, Mike; Sanders, Richard B.
Subject: RE: Draft and Alternate Decisions re PX Credit and Suspension of
Dire ct Access

The language relating to negative CTC we need taken out of the Bilas draft
begins on page 9 with the paragraph beginning with "We note . . . "  through
the first two sentences of the next paragraph to the sentence beginning "As
proclaimed . . . ."

 -----Original Message-----
From:  JBennett <JBennett@GMSSR.com>@ENRON
[mailto:IMCEANOTES-JBennett+20+3CJBennett+40GMSSR+2Ecom+3E+40ENRON@ENRON.com]
Sent: Monday, June 18, 2001 3:22 PM
To: Kingerski, Harry; Jeff Dasovich (E-mail); Jim Steffes (E-mail); Smith,
Martin; Williams, Robert C.; Sue Mara (E-mail); Frank, Robert
Cc: MDay
Subject: Draft and Alternate Decisions re PX Credit and Suspension of Dire ct
Access
Importance: High

On Friday, June 15th, a Draft Decision (by ALJ Barnett) and an Alternate
Decision (by Commissioner Bilas) were released addressing the suspension of
the PX credit and the suspension of direct access.  In short, both the Draft
and the Alternate granted SCE's Petition to suspend payment of the PX credit
as of January 5, 2001.  The Draft Decision continues by invoking Section
80110 of the Water Code (enacted under ABX1 1) and suspending new Direct
Access transactions as of July 1, 2001.  The Alternate does not suspend
direct access but requests comments on how the Commission can accommodate
the concerns of DWR with respect to continuation of direct access (besides
suspension) without violating Section 80110.

Barnett Draft Decision

The Barnett draft goes through an illustration of the PX credit with the
intent of showing that during the rate freeze period "should a direct access
customer pay less than the PX energy price to its ESP, the direct access
customer is being subsidized by the public utility and, perhaps the
utility's ratepayers."  The decision goes on to say, that "we note in the
stipulation between SCE, Enron and WPTF, there is no mention of a cash
refund to direct access customers -- the reference is to a credit." There is
no provision in the stipulation which would require SCE to make a cash
payment in lieu of a credit.  "Utility cash which is in short supply, should
be conserved to provide reliable service, not subsidize direct access."
The draft decision continues by suspending DA as of July 1, 2001 and
applying the order to PG&E as well.

Bilas Alternate

The Bilas Alternate goes through a similar analysis with respect to the PX
credit payments (without as much verbiage as to the subsidization of DA
customers).  Bilas also makes it clear that while payment of cash is
suspended, "SCE must continue to track and accrue credits for DA customers."

With respect to the suspension of direct access, the Bilas Alternate holds
off.  It appends a letter from DWR to the Commission as to its concerns
about the impact of the continuation of Direct Access on the issuance of the
bonds and asks parties to comment thereon. It is letter, DWR has set forth
what it believes will be required in the way of exit fees by DA customers to
allow the issuance of long term bonds with investment grade.

In addition, Bilas is looking for comments on getting away from the PX
credit and going to a bottoms up calculation of DA customer bills.

Comments

Comments on Both the Draft and Alternate are due on Monday the 25th.

Comments on moving to a bottoms up approach are due on July 6th.

Copies of the decisions have been faxed to Sue Mara in SF and Jim Steffes in
Houston. They are also available on the commission's web site under the
"currently open for comment" section.  If anyone would like me to fax them a
copy directly, let me know.

Jeanne Bennett


The Win2k Project Team is currently looking for qualified individuals to
assist us in testing applications for Windows 2000. These individuals called
Subject Matter Experts, or SMEs will be needed to ensure certain applications
are running  Properly under Win2k.  Below is the application group you are
listed under.  If you are familiar with these applications and would be
willing to help out, or if you would like to designate some one in your
group, please reply by calling the SME hotline at x30333.

Thanks you,
Erica Fields

Application: Altrade Power


Janet:
Thanks.  After reviewing these agreements, we would like to see the
Acquisition Agreement whereby the Partnership acquires its interest in the
Trust.  Alos, we would like to confirm with Henry that after giving effect to
all of the transactions that are described in the Master Agreement that the
Partnership's only asset will be its interest in the Trust and the
distributions that are made with respect to such interest.  Is that correct?
Does the Partnership have any other source of csah flow?

Carol St. Clair
EB 3892
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com

	jowens@eqt.com
	06/27/2000 09:28 AM

		 To: cstclai@enron.com
		 cc:
		 Subject: Trust and Master Agreement

Per your request

-----Original Message-----
From: Joyce Bishop [mailto:JBishop@winston.com]
Sent: Tuesday, June 27, 2000 10:25 AM
To: jowens@eqt.com
Subject: Equitable documents

** High Priority **

Per Henry Reich's request.

 - Equitable - 2d A&R Trust Agreement.doc
 - Equitable - Master Agreement.doc


At this time the dates of March 6-7 looks ok.

Greg Kardos
Burlington Resources
505-326-9508
gkardos@br-inc.com

-----Original Message-----
From: Mathis, Charles R. [mailto:Charles.Mathis@ElPaso.com]
Sent: Monday, January 14, 2002 3:13 PM
To: Charles Goodding; Chuck Thompson - PNM; Corina Veloz; Darrell
Schoolcraft; David Campbell; Francis Roemer; Frank Gallegos; Kardos
Greg; Jerry Graves - Enron; Johnny Hunt; Lane Ayers; Ron Matthews;
Stahl, Danny - Williams; Steve Flaim; Terry Hardman
Cc: Wilcox, Bud
Subject: Meeting Location

We have had an offer from Jerry Graves with Enron to host the meeting in
Houston on March 7, to include dinner the night of the 6th.  Possibly a
no-host golf outing the afternoon of the 7th after the meeting.

Please let me know if this will work for you.  Offer alternate locations or
dates if you don't like these.

Charles R. Mathis
Consultant, Western Pipelines
El Paso Corporation
(719) 667-7712

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


Oscar Wyatt and Tom Bachtell have agreed with our recommendation to hold off doing anything pending the results of the MCN/MCNIC arbitration scheduled July 23 - August 10.

They also were unaware that our convertible preferred was non-voting which effectively ruled out doing anything at the June shareholder meeting along the lines they were considering since the record date has passed.

 -----Original Message-----
From: 	Lydecker Jr., Richard
Sent:	Friday, May 11, 2001 5:15 PM
To:	Skilling, Jeff
Cc:	Redmond, Brian; Kitchen, Louise; Lavorato, John
Subject:	Crown Energy

I spoke with Oscar Wyatt this afternoon on Crown and subsequently to Tom Bachtell, an attorney in Utah who is attempting to organize shareholders to replace existing management.  Crown has an asphalt oil sand production facility in northeast Utah and an asphalt distribution company.  Bachtell owns about 4-5% of the stock.  Mr. Wyatt indicated he had a "small" holding.  I indicated that we would consider any proposal that might result in salvaging some value from this investment.

We hold convertible preferred and a small amount of common at an original cost of $5.5 million in 1997.  Fully converted, our ownership would be approximately 25%.  The Company has a net deficit of $21 million and a "going concern" paragraph in its audit opinion.  We have written down our carrying value to nil.

The Company in engaged in an arbitration proceeding against MCN Energy and MCNIC Pipeline.  MCNIC has interests in the asphalt assets and is a lender to Crown.  MCNIC attempted to foreclose on certain Crown assets and Crown in turn counter-sued for $100 million.  The arbitration hearing will be held July 23 - August 10.  If Crown obtained an award from the arbitration, some value could be restored to our investment.

We will get further information from Bachtell on the details of his plans and recommend what position Enron should take in this matter.


I changed the pipeline and the meter on deal 628466 from NFUL #7126 to TRCO
#7126.