Dear Mr Kean,

Thank you for your reply. Ultimately I intend to return to Australia, and I
regularly monitor the on-going developments taking place in the Australian
power market (as well as the converging natural gas market). I will
endeavour to contact Mark next week and hopefully discuss Enron's activities
in Australia and areas in which I may be able to contribute.

As I mentioned in my previous email, I am also hopeful of gaining further
experience in international energy markets, particularly the US. I think my
experience and contacts among Asia Pacific countries, and the skills I've
developed, can be applied to the North American market and that I could
offer a very positive contribution to Enron either on the regulatory or
commercial side.

As I am being married in the US this July, and am able to obtain an
appropriate (non-expat) working visa, I would be very interested in suitable
opportunities with Enron either in Houston or other parts of the US. Do you
believe that I am being realistic in pursuing opportunities in the US market
or should I rather concentrate on the Australian market?

Thank you again for your assistance in this matter.

Yours sincerely,

Alastair L. Stevenson
Energy Economist (Australia)
Asia Pacific Energy Research Centre (APERC)

-----Original Message-----
From: Steven.J.Kean@enron.com [mailto:Steven.J.Kean@enron.com]
Sent: Friday, April 14, 2000 10:08 PM
To: stevenson@aperc.ieej.or.jp
Cc: Mark.Schroeder@enron.com
Subject: Re: Enron Opportunities in the US

Thanks for your message.  Do you have any interest in returning to
Australia?  We have significant activity in the power markets there and may
need some additional (nonexpat) support.  If you are interested, the person
you would need to speak with is Mark Schroeder (44-207-783-6664), or you
can send me an e-mail reply and I will be sure he gets it.  Mark will be
out next week, but will return the following week.

"Alastair L. Stevenson" <stevenson@aperc.ieej.or.jp> on 04/14/2000 03:03:56
AM

To:   "Steve Kean" <skean@enron.com>
cc:
Subject:  Enron Opportunities in the US

Dear Mr Kean,

I am writing to you following a suggestion from Edith Terry (in Enron's DC
office) that I introduce myself to you with respect to prospective
employment with Enron. I will be permanently relocating to the United
States
just prior to my marriage in Michigan this July and am looking to continue
my career in the energy sector. In particular, I have a strong interest in
the energy revolution taking place in the US, both on the commercial and
regulatory side and I would enjoy working for organisations, such as Enron,
that are leading this revolution. Edith suggested that you may be in a good
position to suggest opportunities within Enron for which I may be suitable.

I am currently based in Tokyo as the Australian energy representative to
the
Asia Pacific Energy Research Centre (APERC), where I have developed a
strong
knowledge of the Asia Pacific energy market. In this position I have been
closely involved in the development of the APEC Energy Demand and Supply
Outlook, as well as ongoing research in the fields of energy efficiency,
natural gas development and energy pricing. Moreover, as part of my work
with APERC I have maintained a close contact with APEC Energy Working Group
activities, including the APEC Energy Business Network.

Prior to my appointment at APERC, I worked at the Australian Bureau of
Agricultural and Resource Economics (ABARE) in Canberra. During my term at
ABARE, I was closely involved in the development of the economic research
underlying Australia's position for the Kyoto climate change conference,
and
also in the analysis of APEC (Asia Pacific) energy markets.

For you information, I have enclosed a brief resume which summarises my
background qualifications and experience.
Knowing that you have a busy schedule I would be most grateful for any
advice or assistance you are able to offer.

Yours sincerely,

Alastair L. Stevenson
Energy Economist (Australia)
Asia Pacific Energy Research Centre (APERC)

encl.

(See attached file: Alastair Stevenson Resume.PDF)


Gina, this one is going to   Enron Transportation Services - Houston

I want to take a moment to say "thank you" to all the employees who
participated in the ETS Food & Toy Drive. We delivered over 10 boxes of food
and toys on Friday to the Downtown location of the Head Start program.

There are many people in the Houston community who need our help and support,
especially during the Holiday Season.  Through your kindness, the Head Start
Program, ETS' adopted United Way agency,  will be able to help those less
fortunate.

The pictures below capture some of our employees displaying the donations
that were collected in the Enron building.  The collections in Three Allen
Center were significant as well.

Thank you, again, for your overwhelming generosity.


---------------------- Forwarded by Michael Burke/Houston/Eott on 03/16/2000
02:50 PM ---------------------------

Steve Duffy
03/16/2000 01:53 PM
To: Michael Burke/Houston/Eott@Eott
cc:

Subject: Re: Steve Todoroff--CONFIDENTIAL/SUBJECT TO ATTORNEY-CLIENT PRIVILEGE

fyi
---------------------- Forwarded by Steve Duffy/Houston/Eott on 03/16/2000
01:51 PM ---------------------------

Steve Duffy
03/16/2000 01:51 PM
To: Walt Zimmerman/Houston/Eott@Eott
cc: jdegeeter@velaw.com, dharvin@velaw.com, Dana Gibbs/Houston/Eott@Eott,
Susan Ralph/Houston/Eott@Eott, wlawler@velaw.com, mtuohey@velaw.com

Subject: Re: Steve Todoroff--CONFIDENTIAL/SUBJECT TO ATTORNEY-CLIENT
PRIVILEGE

Thanks for the update, but Steve's position is pretty pathetic. If (when) the
grand jury indicts him, he's going to have a pretty tough time with a
defamation or libel suit. I think its a deluded puff.  SWD

WALT
ZIMMERMAN
03/16/2000 01:00 PM

To: jdegeeter@velaw.com, dharvin@velaw.com
cc: Steve Duffy/Houston/Eott@Eott, Dana Gibbs/Houston/Eott@Eott, Susan
Ralph/Houston/Eott@Eott, wlawler@velaw.com, mtuohey@velaw.com

Subject: Steve Todoroff--CONFIDENTIAL/SUBJECT TO ATTORNEY-CLIENT PRIVILEGE

I wanted you to be aware of something we learned today from one of our
trading counterparties.  Dana Gibbs spoke with an individual at Koch who has
recently spoken with Todoroff.  Apparently, Todoroff is in the job market.
He has apparently indicated that he intends to sue EOTT for defamation as
soon as EOTT links his name with the NGL theft.  He also apparently told Koch
that his attorneys are "ready to go with the lawsuit" as soon as EOTT links
his name with the theft.

Todoroff's "planned lawsuit"  may just be some more yarn in this fabrication,
but it emphasizes again the need to keep this matter as confidential as
possible (at least until Todoroff is indicted).

On a side note, Todoroff has certainly developed an interesting interview
technique!  Just imagine going in for a job interview and saying, "My former
employer is alleging that a former trader stole millions of $$$.   I'm just
waiting on them to say that I'm the thief so I can sue them."  With that
story, I'm surprised employers aren't beating down his door to give him a job.


We would need to protest, but of course strategically.  Can we discuss
anything that goes out?

Roger

Mona L Petrochko@ENRON
11/02/2000 04:48 PM

To:   Roger Yang, Harry Kingerski/NA/Enron@Enron, James D
Steffes/NA/Enron@Enron
cc:   jdasovic@.enron.com, Susan J Mara/NA/Enron@Enron, Sandra
McCubbin/NA/Enron@Enron, Joseph Alamo/NA/Enron@ENRON, Lysa
Akin/PDX/ECT@ECT, Paul Kaufman, Mary Hain/HOU/ECT@ECT
Subject:  PG&E A/L Setting Interim Value for Hydro

The phoenix keeps rising.  PG&E has submitted a new advice letter seeking
to establish an interim valuation for its remaining hydro assets at $2.8
billion effective June 23,00.

We have 20 days from October 26 to protest.  I would assume we will want to
protest, unless I hear differently.

Thanks.


~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Want to help?  Forward this e-mail to your friends, and have them
sign-up @ http://www.bushetrain.com
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Bush Recount News
http://www.georgewbush.com

Contents:

1    Talking Points: Summary of Florida Supreme Court Decision

2    Help the Bush Cheney Florida Recount Effort

3    Dissenting Opinion of Chief Justice Charles J. Wells

4    Statement By Secretary James Baker

5    What They're Saying...

"Well, if you're a fan of chaos, you're in Nirvana."
- John Shubin [Florida Elections Expert] MSNBC, 12/08/00

_________________________________________________________________

1
SUMMARY OF FLORIDA SUPREME COURT DECISION

~ A deeply divided Florida Supreme Court has opened up a Pandora's
  box of inconsistent standards, flawed hand counting, and delays
  that call into question Florida's ability to be represented in
  the Electoral College.

~ Further, the court's narrow, liberal majority has made a mockery
  of the idea of "counting every vote" by selecting only certain
  ballots and providing no standard to count them.  The four
  activist justices rewrote Florida's election laws after the
  election -- a clear violation of federal law.

~ Florida Supreme Court Chief Justice Wells offered a stinging and
  forceful dissent; concluding:

  ~ "The majority's decision cannot withstand the scrutiny which
    will certainly immediately follow under the United States
    Constitution"

  ~ "The majority's decision to return the case to the circuit
    court for a count of the under-votes from Miami-Dade County or
    all counties has no foundation in the law of Florida as it
    existed on November 7, 2000..."

  ~ "I have a deep and abiding concern that the prolonging of
    judicial process in this counting contest propels this country
    and this state into an unprecedented and unnecessary
    constitutional crisis.

  ~ Judge Wells said the county-by county decision-making on the
    "clear indication of the intent of the voter":  "is fraught with
    equal protection concerns which will eventually cause the
    election results in Florida to be stricken by the federal courts
    or Congress."

~ For example, in Miami-Dade County, the justices reinstated 168
  votes that were awarded to Gore as the result of manual recounts
  conducted in only some precincts - all of them overwhelmingly
  Democratic. This would be the ultimate in treating some votes
  differently from others.

~ The Court ordered a recount of all counties' undervotes, but
  there are five major problems:

  ~ First, in many counties the undervotes aren't even segregated,
    so they will have to be machine tabulated and separated. We
    know this causes chads to fall off ballots and other
    degradation of ballots.

  ~ Second, 16 counties don't even know which of their non-votes
    are undervotes and which are overvotes.

  ~ Third, even in counties that have attempted to separate the
    undervote, there are serious problems. In Miami-Dade, the
    number of undervotes submitted to the Circuit Court is
    different from the number identified in the November 8
    machine recount. There can be no confidence that the pool of
    undervotes is untainted and consistent.

  ~ Fourth, the majority accepted two different standards (the
    liberal Broward standard and the more objective Palm Beach
    standard) further proving votes are treated differently in
    each county.

  ~ Fifth, as Chief Justice Wells said, the liberal court
    majority failed "to make provision for: (1) the
    qualifications of those who count; (2) what standards are
    used in the count-are they the same standards for all
    ballots statewide or a continuation of the county-by-
    county constitutionally suspect standards; (3) who is to
    observe the count; (4) how one objects to the count; (5)
    who is entitled to object to the count; (6) whether a
    person may object to a counter; (7) the possible lack of
    personnel to conduct the count; (8) the fatigue of the
    counters; and (9) the effect of the differing intra-county
    standards.

_________________________________________________________________

2
HELP THE BUSH-CHENEY FLORIDA RECOUNT EFFORT

Want to help? Forward this e-mail to your friends.  Then, if you
have not yet given to the Bush Cheney Recount, contribute online
using our secure servers here:
https://www.econtributor.net/Contribution/Contribution.cfmAID=IVFFBXFAZHGH

AOL Users: Bush Cheney Recount

_________________________________________________________________

3
DISSENT OF CHIEF JUSTICE CHARLES J. WELLS

"I...believe that the majority's decision cannot withstand
scrutiny which will certainly immediately follow under the United
States Constitution."

Excerpt:

"I want to make it clear at the outset of my separate opinion that
I do not question the good faith or honorable intentions of my
colleagues in the majority.  However, I could not more strongly
disagree with their decision to reverse the trial court and
prolong this judicial process.  I also believe that the majority's
decision cannot withstand the scrutiny which will certainly
immediately follow under the United States Constitution.

"My succinct conclusion is that the majority's decision...has no
foundation in the law of Florida as it existed on November 7, 2000,
or at anytime until the issuance of this opinion.  The majority
returns the case to the circuit court for this partial recount of
under-votes on the basis of unknown or, at best, ambiguous
standards with authority to obtain help from others, the
credentials, qualifications, and objectivity of whom are totally
unknown.  That is but a first glance at the imponderable problems
that the majority creates.

"This case has reached the point where finality must take
precedence over continued judicial process.  I agree with a quote
from John Allen Paulos, a professor of mathematics at Temple
University, when he wrote that, "[t]he margin of error in this
election is far greater than the margin of victory, no matter who
wins."  Further judicial process will not change this self-evident
fact and will only result in confusion and disorder.  Justice
Terrell and this Court wisely counseled against such a course of
action sixty-four years ago.  I would heed that sound advice and
affirm Judge Sauls.

Full Opinion:
http://a388.g.akamai.net/f/388/21/1d/www.cnn.com/ELECTION/200/resources/fla.sc
.opin1208.pdf

_________________________________________________________________

4
STATEMENT BY FORMER SECRETARY OF STATE JAMES A. BAKER, III
December 8, 2000

Ladies and Gentlemen,

This has been a rather eventful day here in Tallahassee.  Two
Circuit Court opinions throwing out challenges to absentee ballots
in Seminole and Martin counties.  A federal judge ordering the
counting of overseas absentee ballots in many counties that were
not counted for technical reasons.  And of course, the
disappointing 4 to 3 decision of the Florida Supreme Court just
announced, which will require manually recounting tens of
thousands of non-votes and undervotes in all Florida counties that
have not yet had a manual recount - and trying to do so by
December 12.

This is what happens when for the first time in modern history, a
candidate resorts to lawsuits to try to overturn the outcome of
an election for President.  It is very sad.  For Florida, for the
nation, and for our democracy.

Today's ruling by four justices of the Florida Supreme Court is of
course a disappointment.  Its reasoning and result place the Court
once again at odds with sound judgments of Florida's lower courts,
the Florida Legislature, local election officials, and, in our
view, the US Supreme Court.  This action will unfortunately
produce ongoing uncertainty and could ultimately disenfranchise
Florida's votes in the Electoral College.

The ruling of the Florida Court's four justices is flawed in much
the same way we think as its November 21 ruling that was vacated
unanimously by the United States Supreme Court.

Let me read you what Chief Justice Wells said in part of his
dissent today:
"I...believe that the majority's decision cannot withstand the
scrutiny which will certainly immediately follow under the United
States Constitution...  [T]he majority's decision to return this
case to the circuit court for a count of the under-votes from
either Miami-Dade County or all counties has no foundation in the
law of Florida as it existed on November 7, 2000, or at any time
until the issuance of this opinion...  [T]he prolonging of
judicial process in this counting contest propels this country and
this state into an unprecedented and unnecessary constitutional
crisis.  I have to conclude that there is a real and present
likelihood that this constitutional crisis will do substantial
damage to our country, our state, and to this Court as an
institution." [pp. 41-42]

We agree with the three justices who dissented from the action of
the other four.  We believe this ruling is inconsistent with
Florida law, federal law, and the United States Constitution.
Therefore, we have no alternative other than to appeal once again
to the United States Supreme Court for relief.  We have already
put in motion the process to do so.

_________________________________________________________________

5
WHAT THEY'RE SAYING...

Judge Andrew Napolitano  [Fox News Legal Analyst]:  "...what is
this doing?  Changing the rules yet again, in the face of a federal
law that says you can't change counting procedures and rules after
six days prior to the election."
-Fox News Channel, 12/08/00

Jim Axelrod [CBS News Correspondent]: "One of the first people I
saw after the Supreme Court ruling was Dexter Douglass, a member of
the Gore legal team.  I asked him what was next.  He said, 'Chaos.'
So far, nothing's been done to help clarify the situation."
-CBS Evening News, 12/08/00

Tim Russert  [NBC News]:  "...we could have chaos and a
constitutional crisis...This is as close to a political civil war
as I've ever witnessed."
-NBC Nightly News, 12/08/00

Mike Isikoff  [Newsweek Magazine]:  "...The Republicans got a bit
of a shot in the arm.  I was just reading the dissent of Chief
Justice Wells on this case, and he is pretty stinging.  It is
surprising language from a chief justice of a state court.  He
pretty much says flatly that his colleagues were wrong as a matter
of law.  They're going to be reversed by--he predicts they will be
reversed by the U.S. Supreme Court, and also projects--talks about
a constitutional crisis that is going to flow from this.  So if
the Republicans need some leg to hang their position on, they've
got it in this dissent..."

John Gibson:  "Mike Isikoff, a crucial question is here.  What
standard is this recount going to be counted under?  Any clue?"

Mike Isikoff:  "No.  That is exactly the question that I think is
going to loom largest over the next few days."

-Fox News Channel, 12/08/00

_________________________________________________________________

Paid for by Bush-Cheney Recount
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>From: "Daniel Miller" <d-miller@nga.gov>
>To: <Gbearjc_2000@yahoo.com>
>CC: <Tina_Leavy@msn.com>, <resqdisp@yahoo.com>
>Subject: Fwd: FW: Ice sculpture,
>Date: Thu, 21 Feb 2002 09:47:58 -0500
>

_________________________________________________________________
Send and receive Hotmail on your mobile device: http://mobile.msn.com

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

From:  <d-miller@nga.gov>
To: Gbearjc_2000@yahoo.com
CC: Tina_Leavy@msn.com, resqdisp@yahoo.com
Date: Thursday, February 21, 2002 2:47:58 GMT
Subject:


=DJ Enron Turns Internal Credit-Risk Tool Into New Product
Dow Jones, 04/04/01

Duke, Enron Get 1st-Qtr Profit Boost From California: Outlook
Bloomberg, 04/04/01

Edison, PG&E File to End Williams's Open-Market Sales (Update1)
Bloomberg, 04/04/01

Enron Europe Pres Sees NETA Boosting Trade Volumes
Dow Jones News Service, 04/04/01

CANADA: Enron calls on Ontario to open power market quickly.
Reuters English News Service, 04/04/01

BG Group: UK Court Rules In Favor Of Co Against Enron Unit
Dow Jones International News, 04/04/01

GERMANY: Enron starts online quotes for German gas market.
Reuters English News Service, 04/04/01

BG to get back 51 mln stg as House of Lords finds against Enron's Teesside Gas
AFX News, 04/04/01

Utilities' merger faces challenge
The Oregonian, 04/04/01

Wholesale market bright for PGE
The Oregonian, 04/04/01

=DJ Enron Turns Internal Credit-Risk Tool Into New Product
2001-04-04 17:19 (New York)

   By Christina Cheddar
   Of DOW JONES NEWSWIRES

  NEW YORK (Dow Jones)--With the number of corporate bankruptcies on the rise,
knowing the creditworthiness of one's customers is becoming more and more
important.
  For Enron Corp. (ENE), the world's largest energy trading company, keeping
track of credit risk has always been part of doing business. That became even
more true with the company's launch of EnronOnline, its Internet-based
commodities trading network.
  In order to deal with the accelerated volume and speed of transactions on
EnronOnline, the company developed a tool to help its own commercial traders
manage the credit risk.
  Early last year, Enron rolled out this tool, Enron Credit, on a limited
basis. Gradually, the company expanded its use and scope. Last month, the
company re-launched Enron Credit in its current format.
  Enron Credit tracks more than 10,000 companies, giving each a rating known
as
the "Enron cost of credit." The rating is expressed as an interest rate.
  The Web site also provides news, a company's expected chance of bankruptcy
and other related information.
  While much of this information is free to registered users, Enron also has
turned the product into a new revenue stream.
  Users may download data into a spreadsheet and receive periodic updates for
a
fee.
  The site also can sell a user a "digital bankruptcy swap," which is a way to
hedge against credit exposure.
  The price of the swap is determined by a rating Enron's staff assigns to a
company and the amount of credit exposure a company needs to protect against.
  For a supplier, the main advantage of a swap is that if a customer is unable
to pay due to bankruptcy, the supplier will be paid immediately.
  According to Enron Europe President John Sherriff, the goal of Enron Credit
is to create a more efficient credit market by increasing trading liquidity.
  The tool is important because "in just a short amount of time, a company's
credit can go from stellar to bad literally overnight."
  At present, some analysts haven't factored in revenue from Enron Credit into
their earnings models. However, as the commodity markets Enron trades in
mature, it is possible the need for products such as Enron Credit could
increase.
  -By Christina Cheddar, Dow Jones Newswires; 201-938-5166;

Duke, Enron Get 1st-Qtr Profit Boost From California: Outlook
2001-04-04 17:21 (New York)

Duke, Enron Get 1st-Qtr Profit Boost From California: Outlook

     Houston, April 4 (Bloomberg) -- Duke Energy Corp., Enron
Corp. and other power sellers continued to reap the benefits of
California's electricity shortage in the first quarter, with some
bringing in record profits, analysts said.
     Duke, which owns generation in California that can light more
than 3 million homes, had an 18 percent increase in per-share
profit, forecasters say. Earnings at Enron, which sells
electricity and natural gas in California and helps companies
protect themselves from the risks of energy price movements, rose
about 13 percent, analysts estimated.
     Jeffrey Skilling, chief executive of Houston-based Enron,
said demand is rising for the Houston-based company's business of
helping companies cut energy costs by reducing consumption and
finding lower-priced suppliers.
     ``We're seeing the positive effect of the chaos going on out
in California,'' Skilling told investors in March.
     California officials and consumers have criticized energy
suppliers for profiting from their crisis.
     Power prices in the state averaged nine times higher in the
quarter than a year earlier because a shortage of power plants
limited supplies, and generators demanded higher payments to
offset the risk of selling to the state's near-bankrupt utilities.
     Most of the big suppliers sell electricity worldwide and
insist California is a small part of total sales. Dynegy Inc.,
which for example, has said California power sales accounted for
about 15 percent of last year's profit in marketing and trading.

                           Higher Prices

     Dynegy said on Monday that first-quarter profit rose to 40
cents a share from 26 cents a year earlier because of increased
demand and higher energy prices. The Houston-based company was
expected to earn 31 cents.
     San Jose, California-based Calpine Corp. said Thursday it
earned almost twice as much as it had forecast to analysts in the
quarter, helped by sales in California. Calpine said it made 20
cents to 25 cents a share, about three times as much as it earned
a year earlier.
     Atlanta-based Mirant Corp. said March 14 it would earn 46
cents to 48 cents a share in the quarter, more than twice as much
as expected, because of gains in its natural gas and electricity
business in the U.S. West.
     Avista Corp., which also sells energy in the western U.S.,
said in March it would earn 33 cents to 35 cents a share in the
quarter, more than the 30-cent average estimate of analysts polled
by First Call/Thomson Financial.
     Enron said in March it expected to earn $1.70 to $1.75 this
year, but wouldn't break out first-quarter estimates. First Call
estimates are that Enron will make 45 cents a share, up from 40
cents a year earlier.

                         Seeking Payments

     Enron's shares fell 30 percent in the quarter, partly on
concern about debts owed by customers in California. Investors
questioned whether Enron and others would be paid for power and
gas they delivered to the utilities owned by PG&E Corp. and Edison
International.
     The utilities have more than $14 billion in debt because
regulators wouldn't allow them to pass on all of soaring power-
buying costs to consumers. Prices jumped as high as $3,000 a
megawatt-hour in December -- about 100 times normal levels --
because of the power shortage, cold weather and high natural-gas
prices.
     California regulators approved a $4.8 billion annual rate
increase on March 27 to help PG&E and Edison pay the bills. The
rise isn't expected to cover all the power-buying costs. PG&E and
Edison have delayed reporting fourth-quarter earnings because of
their financial problems and haven't said when they'll report
first-quarter results.
     Several suppliers agreed during the first quarter to sell
electricity to California, which is buying on behalf of nearly
bankrupt PG&E and Edison. The contracts' average price is less
than half the average price utilities paid last year, but more
than double the average price in 1999.
     In the fourth quarter, power suppliers, including Duke and
Reliant, set aside money for bills they might not be able to
collect from California customers. Duke offered in March to take
less money if given guarantees of payment for the power it sold.

                           Summer Boost

     California could endure blackouts this summer if more
generation isn't built quickly.  Generators may see even bigger
profits then than in the winter, analysts said.
     Harvey Padewer, president of Duke's energy-services division,
said the summer shortage could total as many as 10,000 megawatts,
enough to light 10 million homes.
     Water reservoirs in the Pacific Northwest, which fuel
hydroelectric power plants that supply California, will be at
their lowest levels in history going into the summer, Skilling
said. That's because the water was used to produce power in
January, when it's not normally needed, to avert blackouts.
     That puts the summer burden primarily on gas-fired plants.
Gas prices skyrocketed last year because of increased demand for
the power-plant fuel.
     ``If we have a warm summer this summer, I think natural gas
has a lot of escalation left to do,'' Skilling said in a recent
speech in Dallas.
     The power shortage in California, the most populous state,
may impact energy prices across the country, analysts said.
     ``There are going to be good earnings for people who have
plants across the country and for people marketing gas across the
country,'' Salomon Smith Barney analyst Raymond Niles said.

Company                  1st-Qtr        Year-ago       Number of
                         Estimate       EPS            analysts

AES Corp.                $0.43          $0.42          6
Avista Corp.+**          $0.30-$0.35    $0.20          2
Calpine Corp.**          $0.20-$0.25    $0.07
Duke Energy Corp.        $0.58          $0.49          4
Dynegy Inc.**            $0.40          $0.26
Edison International     N/A            $0.32          N/A
Enron Corp.              $0.45          $0.40          13
Mirant Corp.**           $0.46-$0.48    $0.28
PG&E Corp.               N/A            $0.78          N/A Reliant
Energy Inc.      $0.66          $0.47          1
Sempra Energy            $0.49          $0.49          3
Williams Cos.**          $0.65-$0.75    $0.30

Estimates based on surveys by First Call/Thomson Financial and
IBES International Inc. Year-ago numbers supplied by First Call.

+ Numbers from IBES.
** Estimates provided by companies, not by analysts

--Margot Habiby in Dallas, (214) 740-0873 or
mhabiby@bloomberg.net, through the Princeton newsroom (609) 279-
4000/slb/alp

Edison, PG&E File to End Williams's Open-Market Sales (Update1)
2001-04-04 17:14 (New York)

Edison, PG&E File to End Williams's Open-Market Sales (Update1)

     (Adds Williams comment in fourth paragraph. For more on the
California energy crisis, see {EXTRA <GO>}.

     Washington, April 4 (Bloomberg) -- PG&E Corp. and Edison
International, owners of California's two largest utilities, asked
federal regulators to stop Williams Cos. from selling power at
market-based rates in the state.
     PG&E's Pacific Gas & Electric and Edison International's
Southern California Edison filed with the U.S. Federal Energy
Regulatory Commission to stop Williams's California power sales at
rates that aren't ``just and reasonable,'' the filing said.
     Tulsa, Oklahoma-based Williams, a natural-gas pipeline
company that's become one of the largest U.S. energy traders, was
licensed to sell power at market rates in California in March
1998. The utilities say Williams and other generators can
manipulate electricity prices.
     Williams spokeswoman Paula Hall-Collins said she couldn't
comment on whether the company would continue to sell power in
California if it had to do so at prices set by federal regulators.
     The average price of electricity in the California-Oregon
border region rose ninefold last quarter from a year ago,
according to Bloomberg Energy Service statistics.
     Other companies selling power in California include Duke
Energy Corp., Enron Corp., Reliant Energy Inc., Calpine Corp., El
Paso Corp. Mirant Corp. and AES Corp.
     Edison, based in Rosemead, California, and PG&E, based in San
Francisco, have lost more than $14 billion buying power in the
open market at prices that far exceeded what they could charge
customers.
     Williams sells gas to AES Corp., the largest U.S.
power-plant developer, to fuel California generators, and also
sells the power from those plants in the open market.
     Shares of Williams rose 11 cents to $40.26. PG&E rose 12
cents to $11.65, and Edison rose 16 cents to $12.98.

--Mark Johnson in Washington, (202) 624-1849 or
mjohnson7@bloomberg.net, through the Princeton newsroom,
(609) 279-4000/slb/pjm

Enron Europe Pres Sees NETA Boosting Trade Volumes
By Christina Cheddar
Of DOW JONES NEWSWIRES

04/04/2001
Dow Jones News Service
(Copyright (c) 2001, Dow Jones & Company, Inc.)

NEW YORK -(Dow Jones)- Enron Europe President John Sheriff expects the U.K.'s
New Electricity Trading Arrangements, or NETA, to lead to "dramatically"
higher power trading volumes in the second quarter for his company.
NETA, which has been touted as the most far-reaching reform of an electricity
market in the world, went into effect last Tuesday. The system replaces the
previous wholesale power market with a physically settled, bilateral,
day-ahead market that is paired with a continuously traded balancing market.
However, in the first quarter, the flow of transactions in the U.K. was hurt
as companies operating there focused on integrating new computer systems
associated with the new standard.
Now that the system has been implemented, Sheriff told Dow Jones Newswires
that he expects to see a pickup in the flow of transactions.
Sheriff couldn't put a dollar figure on his estimate. He also didn't know
whether the total volume of transactions had risen or declined from the
fourth quarter.
NETA is aimed at creating liquidity to reduce the cost of wholesale power.
An increase in the cost of fuel in the region may place companies that
haven't hedged fuel costs in difficult positions, Sheriff said, explaining
that power prices have fallen, while the cost of fuels used to generate power
has risen.
Enron Europe, a unit of Houston-based Enron Corp. (ENE), is among the largest
buyers and sellers of gas and power in Europe.
In 2000, wholesale natural-gas trading volumes in Europe and other regions
outside North America rose 131% to 3.6 trillion British thermal units per day
from 1999, while power trading volumes jumped 372% to 55 million megawatt
hours.
-By Christina Cheddar, Dow Jones Newswires; 201-938-5166;
christina.cheddar@dowjones.com

Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.

CANADA: Enron calls on Ontario to open power market quickly.
By Scott Anderson

04/04/2001
Reuters English News Service
(C) Reuters Limited 2001.

TORONTO, April 4 (Reuters) - Enron Corp. , North America's biggest buyer and
seller of natural gas and electricity, put pressure on the Ontario government
on Wednesday to deregulate the provincial energy market, Canada's biggest, as
quickly as possible.
Ontario has already pushed back its previous deadline of November 2000 by one
year to sort out its deregulation problems and avoid the problems encountered
by California in energy deregulation.
The delays have frustrated potential corporate players.
"We think the right thing for Ontario is to move ahead with this plan, open
the markets and get them working," Kenneth Lay, Enron's chairman, said at a
breakfast speech at the Toronto Board of Trade.
"Let people start building the new power plants and, of course, providing a
lot of the types of services we provide elsewhere."
Lay warned that the longer the government drags its feet on the issue, the
more it places itself at risk of scaring off potential investors.
"The delays continue to create uncertainty and uncertainty tends to
discourage investment," Lay told reporters. "By discouraging investment, as
the market keeps growing, it could be that Ontario is going to have a tough
time keeping up with the needs of the economy."
Enron plans to build a $250-million generating plant near the southwestern
Ontario town of Sarnia, but has delayed the project until Ontario sets a firm
date for deregulation.
Lay said Enron is "committed to Ontario" even though other companies have
said they will move to other jurisdictions if the government does not open up
the market by the fall.
He said Ontario is far better prepared for deregulation than was California.
"I think what California shows is that if you're going to do it, you've got
to do it right. And California did it wrong," he told reporters.
"Increasingly politicians are understanding that. You can't deregulate half
the market, but not the other half. You can't set up a system that does not
allow price signals to be sent to consumers and even after prices go up, you
can't just keep shielding consumers from price signals and get no response."
Power demand from California's industries and 32 million residents has
increased dramatically, but the state has not seen any new generating
capacity added in about 10 years.
The crisis there has been blamed on California's own 1996 power deregulation
law, which required utilities to buy energy on the spot market, where prices
have skyrocketed, but maintained caps on the rates they could charge
consumers.
The problem was then compounded by California's own surging demand, resulting
in the rolling blackouts and voluntary power cutbacks of the past months.

Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.

BG Group:UK Court Rules In Favor Of Co Against Enron Unit

04/04/2001
Dow Jones International News
(Copyright (c) 2001, Dow Jones & Company, Inc.)

LONDON -(Dow Jones)- BG Group PLC (BRG) said the U.K.'s House of Lords
Wednesday found in favor of its 51.18% owned Central Area Transmission System
(CATS) in a dispute with Teeside Gas Transportation Ltd.
The latest ruling overturns a Court of Appeal decision made in 1999 which
found in favor of Teeside Gas, a unit of Enron Corp (ENE).
The dispute between BG and Teeside Transportation involved a 25-year
capacity, transportation and reservation agreement signed in 1990. A BG
spokeswoman told Dow Jones Newswires Wednesday that Teeside ended its
payments connected to the agreement in February 1995.
The CATS pipeline and terminal system began transporting gas from the North
Sea fields of Everest and Lomond in 1993. It currently handles around 1.7
billion cubic feet a day of natural gas, which represents about 20% of U.K.
gas production, the spokeswoman said.
BG Group said Teeside is now required to repay CATS the money gained
following the 1999 ruling, plus interest. It said its share of the payment
will amount to about GBP34 million, plus interest of approximately GBP17
million.
The other shareholders in CATS are BP Amoco PLC (BP), Amerada Hess Corp.
(AHC), Phillips Petroleum Co. (P), Totalfina Elf (TOT) and Agip SPA (I.AGI).
-By Sarah Turner, Dow Jones Newswires; 44-20-7842-9299;
sarah.turner@dowjones.com -0- 04/04/01 15-16G

Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.

GERMANY: Enron starts online quotes for German gas market.

04/04/2001
Reuters English News Service
(C) Reuters Limited 2001.

FRANKFURT, April 4 (Reuters) - Enron Energie GmbH, the German divison of the
U.S. energy giant , has started quoting German gas prices on its website, it
said on Wednesday.
"We have launched spot gas quotes for the domestic delivery point at
Lampertheim," managing director Andreas Radmacher told Reuters in an
interview.
"This is a good point to choose to generate liquidity and to create a
wholesale market inside Germany, because there is a range of suppliers."
"We hope that other traders will also get involved."
Enron on its trading platform enrononline.com currently quotes gas offers and
bids for the day ahead, the weekend and the week ahead in parcels of 20
megawatt hours in euros.
Lampertheim lies near Heidelberg in south-west Germany on the border of the
Hesse and Baden-Wuerttemberg states. So far, the market had been restricted
to border quotes in a market controlled by five incumbents involved in
importing gas, which account for 80 percent of total requirements.
Gas trading inside the country is only just beginning to start, because
distributors and customers have taken years to agree on voluntary terms for
network access and transport.
Radmacher said it was difficult to start a reliable gas business because
current transmission and supply agreements were still not clearly defined or
binding.
Supply contracts had not been standardised and shippers had to negotiate with
three or four pipeline owners per deal.
But new suppliers were ready to overcome the bureaucracy.

Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.

BG to get back 51 mln stg as House of Lords finds against Enron's Teesside Gas

04/04/2001
AFX News
(c) 2001 by AFP-Extel News Ltd

LONDON (AFX) - BG Group plc said it will receive some 34 mln stg and 17 mln
interest from Enron Corp unit Teesside Gas Transportation Ltd (TGTL), after
the House of Lords overturned a Court of Appeal decision on TGTL's dispute
with BG's 51.18 pct-owned Central Area Transmission System (CATS).
The other owners of the CATS pipeline and terminal system are BP Amoco PLC,
the operator, with 29.53 pct; Amerada Hess Corp with 17.72 pct; Phillips
Petroleum Co with 0.66 pct; TotalFinaElf with 0.57 pct; and ENI Spa unit Agip
with 0.34 pct.
The Court of Appeal decision in favour of TGTL was made in July 1999.
CATS began transporting gas from the Everest and Lomond fields in the Central
North Sea in 1993. It currently handles around 1.7 bln cubic feet per day of
natural gas.
The dispute involvedthe Capacity Reservation and Transportation Agreement
(CRTA) signed in 1990 between CATS' owners and TGTL for the provision of a
25-year transportation service. Under the terms of that agreement, TGTL would
pay for 300 mmscf/d of reserved capacity, whether or not it was used.
The CATS pipeline was completed in March 1993 and TGTL began making payments
the next month, even though it had no contracted field ready to use its
capacity at that time. In Feb 1995, it stopped payments and reclaimed its
previous payments, after which CATS' owners issued proceedings against TGTL
for the outstanding monies.
jsa For more information and to contact AFX: www.afxnews.com and
www.afxpress.com

Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.

Utilities' merger faces challenge
PGE's dance card may take awhile to fill if its deal with Sierra Pacific
fails
Wednesday, April 4, 2001
By Gail Kinsey Hill of The Oregonian staff
If Sierra Pacific Resources leaves Portland General Electric at the altar,
other suitors may cool their heels awhile before proposing.
Not only has the West's energy crisis apparently spoiled the pending marriage
of Nevada's Sierra Pacific and PGE, it has chilled a consolidation trend that
just a year ago was as hot as a starlet's love life .
"I don't see any eager buyers out there," said Justin McCann, a senior
analyst with Standard & Poor's. "Things are pretty rocky at the moment."
Still, possibilities exist. Analysts suggest that Northwest Natural Gas in
Portland, Puget Energy in Bellevue, Wash., and IdaCorp in Boise could be
interested in going after PGE if Sierra Pacific and Enron Corp., PGE's parent
company, part ways.
On May 5, either Enron or Sierra Pacific can walk away from the transaction
if closing documents aren't signed by then.
Officials from both companies have said they remain committed to the deal,
but they admit that changing regulatory and financial conditions make closure
unlikely.
Houston-based Enron said it's prepared to wait patiently for another offer.
"This is not a fire sale," said Mark Palmer, an Enron spokesman.
Enron, an energy and trading company, bought PGE in 1997, eager to benefit
from markets that were being opened to greater competition and less
government regulation. But officials grew impatient with the plodding pace of
deregulation and decided to jettison such capital-intensive, slow-growing
assets as PGE.
In November 1999, Sierra Pacific Resources announced plans to buy PGE for
$3.1 billion in cash and assumed debt, an amount similar to what Enron paid
two years earlier.
After more than a year of leaping regulatory hurdles, the deal appeared close
to completion. Then last summer, energy shortages and sky-high wholesale
electricity prices swept through California and the rest of the West.
Wholesale prices, 10 times year-ago levels, have gouged Sierra Pacific's
bottom line. The company owns generating plants that supply electricity for
some business and residential customers, but it also buys on the wholesale
market.
Sierra Pacific had intended to become increasingly reliant on the wholesale
market and to sell many of its generating facilities. The utility was to use
proceeds from the sales to buy down its debt and secure financing for the PGE
purchase.
But the Nevada Legislature is close to slapping a moratorium on the sales of
any generating plants. Lawmakers worry that divestitures could pinch energy
supplies still further and roil wholesale markets for months to come.
Sierra Pacific's weakened financial state also means that the federal
Securities and Exchange Commission likely won't approve the merger. The SEC
is the remaining regulatory body that must sanction the deal.
PGE isn't in on the negotiations, but officials agree that the sale looks
shaky.
"It's anyone's guess right now," Peggy Fowler, PGE president and chief
executive officer, recently told The Oregonian's editorial board.
So far, talk about replacement bidders is more speculation than fact.
Analysts said a utility based in the West is the most likely scenario.
"It's probably going to be somebody close by," said Doug May, a senior
portfolio manager with Wells Fargo Private Asset Management in Grand
Junction, Colo. "It's tough to come in from another part of the country."
But don't rule out foreign companies, May added. When ScottishPower bought
Portland-based PacifiCorp in December 1999, it became the first foreign
concern to buy a U.S. electric utility. The merger stirred up talk of more
international linkups.
Regionally, Northwest Natural's name comes up as a potential suitor.
The Portland-based utility already works cooperatively with PGE in a number
of business arrangements, including a joint meter-reading program.
"A lot of programs we're doing are the kinds of things other electric and gas
utilities are doing under one utility," said Mark Dodson, Northwest Natural
vice president of public affairs and general counsel. "I'm not at all
surprised people might speculate that we would acquire" PGE.
Dodson declined to comment directly on whether Northwest Natural might try to
buy PGE.
"As long as there's an agreement in place, it's inappropriate for us to talk
about it," he said.
Officials of IdaCorp, a holding company whose primary subsidiary is electric
utility Idaho Power, also declined to discuss whether they have been eyeing
PGE.
"We can't really comment on deals we might get into," said Russ Jones, an
IdaCorp spokesman.
IdaCorp made an unsuccessful bid for PGE two years ago when Enron first
solicited offers, Jones said. But, he said, "I don't know the answer to
whether we'd be interested now.
"If it becomes available," Jones added, "we'll probably investigate, as we
would with any other assets that might become available."
Puget Energy, a holding company for Puget Sound Energy, also declined to
comment.
"We never speculate on rumors," said Grant Ringel, Puget Energy's director of
corporate communications.
Puget Sound Energy serves electric and natural gas customers in Western
Washington and is the result of the 1997 merger of Puget Sound Power and
Light with Washington Energy, the parent of Washington Natural Gas.
The merged utilities, serving about 1.4 million customers, formed the largest
electric and natural gas utility in the Northwest.
In the 1990s, as federal laws began deregulating electric power markets,
utility mergers became increasingly common. Industry executives and analysts
attributed the trend to increased competition and a drive toward greater
efficiency.
"With deregulation, economies of scale are very important," said Wells
Fargo's May. "It's very difficult to do well as a small company.
The trend has taken in couplings of electric utilities and natural gas
utilities -- "convergence" in industry parlance -- as well as linkups of
electric utilities.
Yet, analysts note that the industry's consolidation has slowed of late. The
uncertain regulatory environment throughout the United States, the energy
shortage in the West and the electricity crisis in California are putting the
brakes on the trend, they say.
"This whole California thing has made everyone very cautious," said Standard
& Poor's McCann. "People want to see the situation sort itself out."
You can reach Gail Kinsey Hill by e-mail at gailhill@news.oregonian.com or by
telephone at 503-221-8590.

Wholesale market bright for PGE
The utility reports $1.17 billion in revenue in fiscal 2000 from reselling
electricity
Wednesday, April 4, 2001
By Gail Kinsey Hill of The Oregonian staff
Enron Corp. views Portland General Electric as a sluggish asset, weighted
down by regulatory laws and political uncertainties.
Maybe so. But PGE posted healthy financial gains in fiscal 2000, benefiting
from the region's energy shortage and spiking wholesale electricity prices.
Revenue from wholesale power sales jumped to a record $1.17 billion last
year, more than triple the 1999 wholesale sales figure of $355 million.
Bottom line: PGE recorded earnings of $139 million in 2000, up 10 percent
from 1999 earnings of $126 million.
"It was a banner year for us," said Jim Piro, PGE's chief financial officer.
The utility's financial strength should continue, even if a pending sale to
Sierra Pacific Resources falters, according to analysts.
"I don't think PGE will be tainted as an asset" if the utility again is put
on the block, said Doug May, senior portfolio manager for Wells Fargo Private
Asset Management in Grand Junction, Colo.
In contrast with PGE, Sierra Pacific suffered from high wholesale power
prices, reporting losses of $39.78 million in 2000, a sharp decline from 1999
earnings of $51.75 million.
Utility-owned hydroelectric and coal- and gas-fired generation plants supply
about half of the electricity that's needed to serve PGE's 725,000 business
and residential customers. The company buys the rest of its power on the
wholesale market.
Until last summer, wholesale prices remained relatively stable. Then, pushed
by electricity shortages and California's botched deregulation plan, prices
soared: from between $20 and $30 a megawatt hour to more than $200 a megawatt
hour. The market became so volatile that on some days short-term, or "spot"
prices, spiked above $600 a megawatt hour.
Soaring prices cut into the financial reserves of utilities caught short of
power and forced to the market for last-minute buys. But PGE, with
experienced wholesale traders and a conservative purchasing strategy, had
secured long-term contracts as a hedge against the market. The approach kept
spot purchases to a minimum.
In fact, PGE bought more electricity than its customers could use. The "long"
position allowed PGE to resell the electricity -- California was among its
customers -- for a tidy profit.
"We were fortunate to be in a good situation last year," Piro said.
Wholesale electricity sales accounted for 52 percent of PGE's operating
revenue last year, a turnaround from prior years when retail sales dominated
financial returns.
Wholesale sales proved so lucrative that PGE withdrew a request to raise
rates by 16.5 percent. The utility may raise rates late this year, officials
said, or if cash continues to pour in, it may issue refunds to customers.
PGE's expenses also have gone up dramatically. The utility spent $1.5 billion
on electric power and fuel purchases last year, up from $654 million in 1999.


------------------------------------------------------------------------------
------------------------
W E E K E N D   S Y S T E M S   A V A I L A B I L I T Y

F O R

December 08, 2000 5:00pm through December 11, 2000 12:00am
------------------------------------------------------------------------------
------------------------

SCHEDULED SYSTEM OUTAGES:

ARDMORE DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages.

AZURIX: No Scheduled Outages.

EB34 DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages.

EDI SERVER: No Scheduled Outages.

EI:   SEE ORIGINAL REPORT

ENRON NORTH AMERICAN LANS:  No Scheduled Outages.

FIELD SERVICES:  No Scheduled Outages.

INTERNET: No Scheduled Outages.

MESSAGING:   SEE ORIGINAL REPORT

MARKET DATA: No Scheduled Outages.

NT: No Scheduled Outages.

OS/2:  No Scheduled Outages.

OTHER SYSTEMS: HR   SEE ORIGINAL REPORT

OTHER SYSTEMS: UNIX     SEE ORIGINAL REPORT

OTHER SYSTEMS: REMEDY
Impact:  CORP
Time:  Fri 12/8/2000 at  5:00:00 PM CT thru Fri 12/8/2000 at  5:15:00 PM CT
 Fri 12/8/2000 at  3:00:00 PM PT thru Fri 12/8/2000 at  3:15:00 PM PT
 Fri 12/8/2000 at  11:00:00 PM London thru Fri 12/8/2000 at  11:15:00 PM
London
Outage:  RmailSniffer
Environments Impacted:  All
Purpose: Review of Mail logs has shown that between 7:00 p.m. and 9:00 p.m.
50% of mail messages fail.  The update will copy failed messages to another
directory for an admin to process.
Backout: Reset RmailSniffer service to original settings.
Contact(s):  Carlos Perez    713-345-708
  Christian Smerz   713-345-7410

SITARA:  No Scheduled Outages.

SUN/OSS SYSTEM: No Scheduled Outages.

TELEPHONY:   SEE ORIGINAL REPORT

TERMINAL SERVER:  No Scheduled Outages.

UNIFY:  No Scheduled Outages.

------------------------------------------------------------------------------
-------------------------------------------------------
FOR ASSISTANCE

(713) 853-1411   Enron Resolution Center
(713) 853-5536   Information Risk Management

Specific Applications Help:
Unify On-Call      (713) 284-3757  [Pager]
Sitara On-Call     (713) 288-0101  [Pager]
RUS/GOPS/GeoTools/APRS   (713) 639-9726  [Pager]
OSS/UA4/TARP    (713) 285-3165  [Pager]
CPR      (713) 284-4175  [Pager]
EDI Support      (713) 327-3893  [Pager]


-----Original Message-----
From: leslie@gripfast.com [mailto:leslie@gripfast.com]
Sent: Friday, December 01, 2000 1:47 PM
To: lindab@arn.net; margo@coredata.net; moe@amaonline.com;
leslied@completedata.com; john@amaonline.com; lisa.eason@med.va.gov;
BeckyMcKi@aol.com
Subject: The last statistic is the good one

Subject:  The last statistic is the good one

Important statistics:

Counties won by Gore: 677
Counties won by Bush: 2,434

Population of counties won by Gore: 127 million
Population of counties won by Bush: 143 million

Square miles of country won by Gore: 580,000
Square miles of country won by Bush: 2,427,000

States won by Gore: 19
States won by Bush: 29

Average Murder per 100,000 residents in counties won by Gore: 13.2
Average Murder per 100,000 residents in counties won by Bush: 2.1

Ah ? those Gore voters.

And may I add that the map of the territory Bush won was the land owned
by the people of this great Country. Not the citizens living in cities
in housing owned by the government.and living off the government.

(Source: Professor Joseph Olson of the Hamline University School of Law
in St. Paul Minnesota)


What are your thoughts on Team Leadership?  Several of the managers in the
group were using them last year for coaching and I have received very
positive feedback.   I would like for them to be able to continue with the
counseling, but wanted to see what you thought.

Thanks!
Sheri


Big Bang??  Are you saying I was born out of the lowest form of life on earth?

"Immer, Ingrid" <Ingrid.Immer@Williams.com> on 04/05/2000 12:43:26 PM
To: "'Chris Germany'" <Chris.Germany@enron.com>
cc:
Subject: RE: Cheese

I'll take you anywhere, anytime, but only if you truly believe in the
theories of Evolution and the Big Bang - believe them even more than I do.

> -----Original Message-----
> From: Chris Germany [SMTP:Chris.Germany@enron.com]
> Sent: Wednesday, April 05, 2000 11:54 AM
> To: ingrid.immer@williams.com
> Subject: Cheese
>
>
>
> I guess you won't be taking me out for a cheeseburger this evening will
> you ?
>


deal  471553 should be under Pinnacle West Capital Corporation  not APS.

Thanks!!


CALENDAR ENTRY:	APPOINTMENT

Description:
	Des Moines Luncheon w/Shelley

Date:		5/3/2001
Time:		12:00 PM - 1:30 PM (Central Standard Time)

Chairperson:	Outlook Migration Team

Detailed Description:


Hello,

This is the presentations I have promised.
Please, send me your fax  #  for more info.

Vince Kaminski


Taffy:
Could you please schedule a meeting for next week for our entire group
(including Jason Peters) for 11/2 hours to go over changes that need to be
made to our forms?  It might be nice given the amount of time to schedule
around the lunch hour and order lunch.  Thanks.

Carol


This is the note that I mentioned that I sent to Philippe today about space
in the new building.  You can take up the cause with Philippe when he
returns.  I am meeting with Tammy Shepperd at 1:30 tomorrow on some space
planning details.  I will tell her that Sheri's group should be located with
yours, and by that time I should be able to tell her that Sheri's group will
be reporting to you.

I will call you tomorrow after I talk with Sheri - should be by 11:00 am.
--Sally

---------------------- Forwarded by Sally Beck/HOU/ECT on 04/11/2001 06:08 PM
---------------------------

	Enron North America Corp.

	From:  Sally Beck                           04/11/2001 10:00 AM

To: Philippe A Bibi/HOU/ECT
cc: Sheri Thomas/HOU/ECT@ECT
Subject: Space Planning - Product Control Group

According to Tammy Shepperd who is very involved in space allocation for the
new building, a location for Sheri Thomas' Product Control Group remains up
in the air.  Sheri, Andy Zipper, John Cummings, and Surresh have met to
discuss space, and all agree that Sheri's group needs to be located with
their groups.  My understanding is that you have designated a certain number
of spaces for ENW on the trading floors, but that Sheri's group is not
included in that count.  Can we get together when you return to the office
next week and discuss floor space?  Thanks.  --Sally


Next Tuesday, December 19th, the 50th floor will be open to all employees for
the Annual Holiday Open House from 3:00pm until 5:00pm.  Similar to last
year, we will provide food, beverage and musical entertainment and will also
decorate eight executive offices to reflect the Festival of Lights.  Our goal
is to expose our employees to different celebrations around the world and
simultaneously demystify the 50th floor.

For your reference, the offices that will be decorated are listed below:
St. Lucia - Ken Lay
Kwaanza - Jeff Skilling
Los Posadas - Rob Walls
Chinese New Year - Cindy Olson
Hanukkah - Andy Fastow
Ramadan - Rick Buy
Devali - Rick Causey
Christmas - Jim Derrick

We would welcome Executive Committee members to volunteer to greet employees
in the 50th floor elevator lobby or serve punch.   Time slots are available
in 15-minute increments from 3:00pm to 5:00pm.  Please reply to this e-mail
if you would like to volunteer for this event and I will provide additional
information for your reference at that time.

This annual affair is an employee favorite and you may contact me with any
comments or questions.

Charla Reese
Manager, Community Relations
x35202


fyi
---------------------- Forwarded by Steven J Kean/HOU/EES on 07/31/2000 09:05
AM ---------------------------
From: Tanja Murray@ENRON on 07/28/2000 06:25 PM
To: Steven J Kean/HOU/EES@EES
cc:
Subject: Confidential

Below find the proposed message that we intend to send to all US employees
regarding the alleged "gifting clubs."  I wanted you to be aware of the
Company's position concerning these "gifting clubs" in the event that your
staff was to receive any questions concerning this matter.

Thank you.

Kriste Sullivan
EB 4861
Ext. 37557

----- Forwarded by Tanja Murray/Corp/Enron on 07/28/2000 06:19 PM -----

	Kriste Sullivan
	Sent by: Tanja Murray
	07/28/2000 06:14 PM

		 To: Cindy Olson/Corp/Enron@ENRON, Rob Walls/NA/Enron@Enron
		 cc:
		 Subject: Confidential

Below find a draft of the All Employee communication regarding "gifting
clubs."  Please provide me with your comments.

Thank you.

&The Company has become aware that Company employees have been solicited for
participation in &gifting clubs.8  These clubs appear to be illegal pyramid
schemes.  If you are approached about joining a club but aren,t sure if it,s
an illegal gifting club, contact the Better Business Bureau.

Please be advised that use of the Company,s premises without management,s
prior approval or use of any of the Company,s communication services
equipment (i.e. email, fax machines, telephones, etc.) for non-business
related ventures is against Company policy.8

  KKS/tmm

Kriste K. Sullivan
Enron Corp. Legal
1400 Smith, EB 4861
Houston, TX  77002
(713) 853-7557
(713) 646-5847 Fax
KSulliv@Enron.com

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


To:		All Enron Employees

From:	Raymond Bowen, Jr.
		EVP, Finance & Treasurer

Subject:	Update on Employee Expense Reimbursement

Post-Petition Expenses

Effective immediately, the processing of expense reimbursement for business expenses incurred by employees after Enron Corp.'s Chapter 11 filing (after December 2nd) has returned to normal.  Expenses will be reimbursed promptly upon submission.  Employees should conduct business travel in the ordinary course of business as approved by direct supervisors.  New travel and entertainment guidelines regarding business travel and other employee expenses will be forthcoming.  In the meantime, please use discretion as you incur expenses.  All expenditures should be made with consideration given to Enron's current financial situation.

Pre-Petition Expenses

We will immediately begin to reimburse pre-petition expenses for current and former employees (incurred prior to the December 2nd Chapter 11 filing) up to a maximum of $5,000.  We understand that a number of employees have pre-petition expenses in excess of $5,000.  However, under the first day orders of the bankruptcy court, there is a $15,000 allowance per employee for unpaid pre-petition compensation, benefits, and related employee expenses.  This $15,000 cap was imposed without input from Enron management and counsel.  We have sought clarification from the bankruptcy court to assure that this $15,000 cap does NOT include the reimbursement of medical, dental, or vision related expenses.

We have commenced a manual review of every individual with pending pre-petition expenses in excess of $5,000.  Even prior to clarification from the court regarding the medical/dental/vision expense issue, we will begin to reimburse pre-petition expenses in excess of $5,000 and up to $15,000 as soon as we can verify that the aggregate reimbursements to an individual employee have not exceeded the $15,000 cap.  Unfortunately, since this will be a manual process, it will take some time to work through.  Employees with pre-petition business expenses in excess of $5,000 can assist us with this manual review process by providing a brief email summary of their situation, including the total amount of pending pre-petition medical/dental/vision claims, to expensereport@enron.com.

Thank you for your patience.


so we are going to meet at my place at 630?


[IMAGE] Forums Discuss these points in the Forums:  Forexnews Forum       Technicals Live Charts Analysis available from: Cornelius Luca   J.P. Chorek   Technical Research Ltd.   Charts & News featuring Standard & Poor's       Interest Rates   US: Japan: Eurozone: UK: Switzerland:   2.5%  0.15%  3.75%  4.5%  1.75-2.75%       [IMAGE] 	 [IMAGE]  Japanese Forex Trading Preview  October 18, 7:00 PM: EUR/$..0.9026 $/JPY..121.11 GBP/$..1.4434 $/CHF..1.6370  Japanese Forex Trading Preview by Darko Pavlovic  No key data.   The dollar erased morning gains vs. the euro after the release of the October Philadelphia Fed Survey showed manufacturing dropped to  27.4 more than market expected. (Expectations were of  16). German Finance Minister Eichel said that Europe's biggest economy would likely expand 0.75%, less than half the official forecast six months ago. (previous expectations were at 2.1%). Analysts say that downgrade in German growth imminently lead to demote in European growth. The widely followed IFO survey, due on Friday, is another significant indicator of the economic outlook in Germany, the Euro-zone's biggest economy. The latest Reuters poll projects the IFO index will decline to a new 5-year low of 88.1 from the previous 89.5. The index was at its highest levels at 107.3 in November 1990, and its lowest point of 76.7 was reached in 1982. The single currency is also undermined by market perception that the ECB is behind the curve in cutting interest rates to promote growth. Today's release of the Bank's October Bulletin echoed last week's statements by Bank Chief Duisenberg that the Bank is closely monitoring monetary developments. It reiterated that monetary developments showed no risks of inflation but still called for vigilance. But even if increased hints of a near-term rate cut might appear to ease the euro's undecisiveness, the mounting jobless situation in the Eurozone is also taking its toll on the region's economy. More than 650,000 jobs were lost over the last couple of months. EUR/$ faces resistance at the congestion area of 90.70-75, followed by 91.35, which is the 20-day moving average . Support stands at 90 cents backed by 89.70 and 88.38, which is the 50% retracement of the rise from 83.90 to 93.35.  The Organization of Economic Cooperation and Development (OECD) said it would cut its 2002 growth forecast by half according to a preliminary report. US 2002 growth forecast revised to 1.3% from the earlier 3.1%, EU 2002 growth forecast revised to 1.5% from 2.7%, Japan 2002 growth down to -0.8% from earlier projections of 1.1%.   USD/JPY remained in mostly lethargic trade deviating little from its 200-day Moving Average of 121. The last 6 trading session had seen increasingly tight ranges reflecting the uncertainty on behalf of traders, reflecting risk aversion by Japanese traders to venture. The yen rose after the ex US Secretary of Treasury  Rubin said  a weak yen is not an answer to Japan's economic problems  and  solution lies in the area of structural reform, things like open credit markets and dealing with fiscal problems  Japanese Finance Minister Shiokawa said the yen is still strong and should weaken a bit more, which could hint further forex interventions ahead. Japanese govt. sold around $25 bln in yen in seven forex interventions to weaken its currency which is making exports less competitive and adding to more problems to already weak economy. The govt. plans to spend some 95 bln yen to boost subsidies for unemployed as part of its half-trillion yen spending for employment in the supplementary budget for fiscal 2001. Winter bonuses for Japanese employees are likely to decline on average by 3% , a fifth consecutive year of decline, which is likely to further weigh on spending. Two day meeting in Shanghai by ministers from 21 Pacific Rim economies will likely produce a  strong commitment  to free trade as a way to fight terrorism. Support starts at 120.80 backed by 120.50 and 120.20. Upside seen capped at 121.20-25, with follow-up buying testing 121.50 and 121.80.  Markets will consider tomorrow's release of the September Ifo survey from Germany (4 AM Eastern Time ,  8AM GMT) expected to drop to a fresh 5-year low of 88 from the previous 89.5. The report, this week's most important release from the Eurozone, should reflect a substantial period after the Sep 11 attacks, thus will likely show a fresh arrest of business confidence and expectations. 4   hours later, US markets will see the release of the September CPI, which is expected to rise by 0.6% from August's 0.1% with the increase mainly stemming from a temporary boost in gasoline prices. Also at 8:30 AM is the August trade data expected to show an improvement in the deficit to -$27 bln from -$27.9 .    	[IMAGE] Audio Mkt. Analysis Euro Closes Below 90.50 Despite New Anthrax Cases       Articles & Ideas  EURO: German IFO Will Remind ECB to Build Growth    Dollar Comeback Stopped by Risk of Terrorism       Articles & Ideas Forex Glossary   Economic Indicators   Forex Guides   Link Library      [IMAGE]
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Here's what's making headlines today:

U.S. bombing of Taliban targets was halted as diplomats stepped up talks
on the future of Afghanistan. The Northern Alliance said it has given the
Taliban a three-day ultimatum to surrender, while the U.S. is promising
more money to Afghans to reveal Osama bin Laden's whereabouts.
http://abcnews.go.com/sections/world/DailyNews/STRIKE_MAIN.html

Police in Spain believe they have made some of the most significant
arrests yet in connection with the Sept. 11 attacks.
http://www.abcnews.go.com/sections/us/DailyNews/WTC_Investigation.html

Investigators believe anthrax-laced letters to Sen. Leahy and Sen. Daschle
came from same source.
http://www.abcnews.go.com/sections/us/DailyNews/US_ANTHRAX.html

Plus,

Is anthrax misdiagnosis understandable?
http://abcnews.go.com/sections/living/DailyNews/anthrax_misdiagnosis011120.html

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Scherlyn,  Per our conversation here is the  meter 986296, and the months of
Feb and March this meter needs to go to the 012-41500-02-015 contract.
Thank you Sherlyn.  let me know and I'll enter the new track Id's.   Tom.


Per your voice mail.


This weekend is out of the question - the BIG race is on Sunday up in the Big
Apple.  Megan and I leave for NYC on Friday afternoon.  We will be getting
back on Monday.  Watch ABC between 10:00am and 3:00pm, they play it down
here.  Good deal with KMI.  I sent Susan a congratulations email this
morning.  I'll talk to you soon.
Ben


Just a note re: "Miller Balish O'Neil PC" on the list from the 25th.  I just
had a conversation with Mark about that one, it sounds awfully like a law
firm to us.  Unless a member of the Legal Dept. requests a guest ID for a law
firm doing legal research for us, we should never grant guest ID's to a law
firm.  It can only hurt us!  It's possible it could be an accounting firm.
Per Mark, we wouldn't want to grant accounting firms access either.  "PC"
(for professional corporation) is a good giveaway that we might have one or
the other.


Hello sunshine.  I haven't heard from you, I trust everything is okay.  I
have sad news to report.  My neighbor died this morning. You remember the
little neighbor who got burned, and no one told her that her father had lung
cancer, well he expired.  Please pray for the family.  I feel so sorry for
his wife.  I know I never have good news, and if you ever get tired of me
telling you bad news just let me know.  The devil is so busy, I have to ask
for help to fight him.  I really appreciate your willing ear. My other
neighbor went to the emergency room Monday and they will keep her until
today. She
thought she was having a heart attack.  We do not know what is wrong with her
she will go for test on next Thursday.  Help me pray for these families.  You
know I love you.  I will talk to you later.  Tell all the Saints I said
hello.

Be Blessed in Jesus Name
Kat


Due to some problems with my email yesterday, I may not have received your
RSVP.....please excuse any confusion this may have caused.

RSVP REQUESTED!

The Environmental Strategies Group will convene an "Emissions Strategy
Meeting" on Friday, May 18 to discuss global emissions issues -- such as air
quality regulation, climate change and U.S. multipollutant legislation -- and
explore some of the potential business opportunities for Enron commercial
groups.

WHEN:  Friday, May 18
TIME:   10:00 am - 3:00 pm - lunch will be provided
WHERE:  Enron Building, 8C1 (8th floor)

A video conference is being organized to enable broad participation from the
London office and a teleconference will be set up for others who would like
to call in.

The primary objectives of the session are to 1) provide you with the latest
information on emissions regulation, markets, and Enron's advocacy efforts
worldwide and 2) receive feedback on your commercial interests and input on
policy options so that we may develop the best business and policy strategies
for Enron in both the short and long term.  We invite you or a member of your
group to participate in this important strategic discussion.

Please RSVP as soon as possible and let us know if you plan to participate in
person, via teleconference or via video conference from the London office.

An agenda is forthcoming.  If you have any questions or suggestions in
advance of the meeting, please do not hesitate to contact me or Jeff Keeler.

We look forward to your participation.

Lisa Jacobson
Enron
Manager, Environmental Strategies
1775 Eye Street, NW
Suite 800
Washington, DC 20006

Phone: +(202) 466-9176
Fax: +(202) 331-4717


Do you want to go over to the game in two weeks?  I got four tickets - 2 for
your brother and 1 for me.  Ashley is staying home.  Let me know.
PL


Deregulation: `Conspiracy of Incompetence'
Even if energy prices are being manipulated, it may not be illegal

David Lazarus, Chronicle Staff Writer
STATE -- Profit-hungry power companies may be manipulating California's
electricity prices, industry insiders say, but the attorney general will have
a tough time finding a smoking gun in his price-fixing probe. Even if he does
prove that electricity generators are ``gaming'' the market with a variety of
price-influencing techniques, it's a whole other matter as to whether their
actions violate the law.
State legislators will attempt to shed some light on this murky matter during
hearings today in Sacramento.
What they will quickly discover is that power companies are having a field
day as California muddles through deregulation of its electricity market.
Among other things, power generators are said to be rigging electricity
auctions and holding back juice until higher demand drives up wholesale
prices, representing perhaps the single most glaring example of gaming, or
price-fixing, the market.
However, the generators aren't the only ones to blame for the current mess.
``This has literally been a conspiracy of incompetence,'' said Michael
Shames, executive director of the Utility Consumers' Action Network, a San
Diego grass- roots organization. ``Almost every player has made major
mistakes or a series of mistakes.''
Utilities, he said, are also to blame for whopping price increases by
mishandling power purchases. Meanwhile, state and federal regulators have
demonstrated a virtually unwavering reluctance to weigh in and help stabilize
electricity rates.
At the same time, legislators themselves share some of the blame for
California's energy woes by drafting rules for the deregulated market that
are too easily bent, if not broken.
``All the market participants are taking advantage of very lax rules,'' said
Loretta Lynch, president of the California Public Utilities Commission. ``The
market is not competitive.''
As a stopgap, Gov. Gray Davis yesterday called on the PUC to cut San Diego
electricity prices in half over the next two years, although he was vague on
how this can be accomplished.
1996 DEREGULATION
When electricity deregulation was approved in 1996, the goal was to lower
prices by boosting competition.
In practice, however, only about a half-dozen power generators are now
responsible for as much as three-quarters of the state's energy supply, and
they can set prices pretty much as they see fit.
Officials at the California Power Exchange, the wholesale market where power
companies sell their juice and utilities go shopping, insist that they
closely monitor all transactions.
But they admit that it is impossible to know what may transpire among
generators off the trading floor.
``There are hundreds of ways that somebody could do it,'' exchange spokesman
Jesus Arredondo said of whether price-fixing is possible. ``You could argue
that it happens every day.
``But I don't see how you could call this gaming,'' he said. ``You call it
business.''
There's the rub. Although residents of San Diego, the first California city
to feel the full effects of deregulation, have seen average power bills more
than double over the past three months, power generators say this is simply a
result of supply and demand.
SUPPLY LIMITED, DEMAND RISING
With supply severely limited -- no major power plants have been built in the
state in a decade -- and demand rapidly rising, it is only natural, they say,
that electricity prices would go through the roof.
``It's a feast-or-famine business,'' said Gary Ackerman, executive director
of Menlo Park's Western Power Trading Forum, an energy industry group. ``You
make a lot of money when times are good, and lose a lot of money when times
are bad.''
At the moment, times are very good for power generators. An unusually hot
summer has combined with a booming, tech-fueled economy to push California's
power grid nearly to the breaking point on an almost daily basis.
The question is: Are power companies benefiting from what are, for them,
lucky circumstances, or are they making a bad situation even worse with
practices that may not be illegal but still could be viewed as highly
irresponsible?
FOUR WHOLESALE MARKETS
There are four major wholesale markets for electricity in California. The
biggest is called the daily forward market, where generators and utilities
meet each morning to buy and sell power on an hour-by-hour basis covering the
next 24 hours.
Electricity at times of expected low demand, such as 1 a.m., might go for as
little as $25 per megawatt, while electricity during peak demand -- 3 p.m. to
7 p.m. -- often sells for the maximum allowable amount, or $250 per megawatt.
Longer-term contracts are negotiated on what is called the block forward
market, where prices are more stable.
But, industry sources say, power companies are increasingly focusing more on
the hourly and real-time markets, where the potential for profit is greater
than on the daily forward market because buyers have less room to maneuver --
they have to meet immediate demand.
``Of course people are gaming the market,'' said Dan Richard, senior vice
president of Pacific Gas and Electric Co. ``They know when to make bids and
how to get what they want. Is that illegal? I honestly don't know.''
Brian Rahman, who oversees the real-time wholesale market on behalf of the
California Independent System Operator, agreed that the legality of such
moves has yet to be determined.
``The power marketers know our rules,'' he said, ``and they use them to their
benefit.''
Even so, Power Exchange officials said they will tell legislators today that
their own study of wholesale electricity prices shows that California rates
in June and July were in fact lower than in other states.
``This makes it harder to make a case that market power is being exerted by
power generators,'' said the exchange's Arredondo. ``It's exceedingly
difficult to prove that there's market power.''
NO HEDGING IN SAN DIEGO
Meanwhile, San Diego Gas & Electric has been accused of adding to electricity
price volatility in the Southern California city by not securing long-term
contracts for energy at a steady rate -- a process known as ``hedging.''
Instead, the utility exposed its customers to daily price spikes, which
resulted in power bills surging skyward.
``San Diego is bearing the brunt (of deregulation) for a couple of reasons:
poor hedging and poor hedging,'' Arredondo said.
For its part, PG&E has said it learned its lesson from San Diego and will
make active use of hedging when its customers face the impact of
deregulation, perhaps as soon as next summer.
Davis called last week for Attorney General Bill Lockyer to investigate
``possible manipulation'' in the wholesale electricity market. He also has
asked federal regulators to rule that California's energy market is not
competitive and to mandate ``just and reasonable'' rates.
But regulators at both the federal and state levels so far have been
reluctant to act, preferring instead to allow deregulation to run its course.
For all these reasons, California's energy market has been especially
vulnerable to exploitation by those who may not have consumers' best
interests at heart.
``The system of responsibility is fragmented,'' the PUC's Lynch said, ``and
because it is fragmented, it allows various players to game the market.''
WHAT CAN BE DONE
The solution? It depends who you ask. Most of those on the energy playing
field believe that some degree of regulation is necessary to stabilize
electricity prices, but no one yet knows how far legislators should go in
drafting revised rules.
Increased generating capacity will go a long way toward solving California's
problems, but it will be years before enough new plants come online to bring
supply and demand into balance.
Today's hearings in Sacramento will presumably lay the groundwork for future
initiatives. Although few if anyone knows how to fix things, everyone at
least agrees that something -- anything -- needs to be done.
``Government messes things up a lot of times, and the private sector messes
things up a lot of times,'' said PG&E's Richard. ``But in the end, solutions
emerge because it's just too important. That's the case now.''
E-mail David Lazarus at davidlaz@sfgate.com.
******************************************************************************
******************************************************************************
*****
Gov. Davis Calls for Cut in Electricity Bills
PUC under no obligation to heed unclear request
David Lazarus, Lynda Gledhill, Greg Lucas, Chronicle Staff Writers
Thursday, August 10, 2000
,2000 San Francisco Chronicle
URL:
http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2000/08/10/B
U99453.DTL&type=business
Gov. Gray Davis yesterday called on the California Public Utilities
Commission to cut soaring San Diego electricity bills in half during the next
two years.
However, it was not clear how he expects the PUC to accomplish this goal or
whether the commission will even heed the governor's request. Davis does not
have the authority to order the PUC to act.
``This is not a rate freeze,'' Davis told reporters in Sacramento. ``It is a
rate-stabilization plan.''
It appears that what he has in mind is having San Diego Gas & Electric, the
local utility, level out power bills by spreading its wholesale costs over
longer periods. This would reduce customers' bills in the summer but raise
bills at other times of the year.
``This is an oraclelike document,'' Michael Shames, executive director of San
Diego's Utility Consumers' Action Network, said after reading a press release
outlining the governor's position. ``You can read almost anything into it.''
Calling electricity prices in San Diego exorbitant, Davis said he wants the
PUC to reduce average residential power bills from the current level of about
$120 a month to approximately $65.
``Electricity is the pulse of our economy,'' he said. ``Without it, consumers
and businesses are put at risk. California simply cannot afford any more
price spikes or blackouts.''
Carl Wood, a Davis appointee on the PUC, said he believes the governor is
seeking a so-called level pricing program for SDG&E customers. The PUC is
empowered to order the utility to implement such a program.
The utility itself already is urging ratepayers to adopt a similar pricing
plan, thereby paying consistent electricity fees throughout the year.
``We can't make the prices go away, but we can set up a system where the
prices are level and deferred,'' Wood said.
PUC President Loretta Lynch said she will call a special meeting of the
commission for August 21 to discuss the governor's proposal.
Davis' comments came ahead of a joint hearing today at 10 a.m. on
California's energy woes by the Senate and Assembly utilities committees in
the Capitol Building.
Also today, state Sen. Dede Alpert, D-Coronado (San Diego County), and
Assemblywoman Susan Davis, D-Kensington, are expected to introduce identical
bills seeking to roll back electricity rates in San Diego to prederegulation
levels.
``We appreciate what the governor has done, but we feel there needs to be a
parallel track in the Legislature where we find a solution for San Diego
ratepayers,'' Alpert said.
The governor said he will contact President Clinton and James Hoecker,
chairman of the Federal Energy Regulatory Commission, to urge them to
expedite an investigation of California's wholesale electricity market.
He also has called on Attorney General Bill Lockyer to probe suspected price
fixing by power generators.
``I believe in making a profit,'' Davis said. ``I believe in success. But
charging seven, eight, nine times the price you pay for electricity is simply
unconscionable. It's not fair to California. It will bring down our economy,
and it augers very poorly for America.''
Meanwhile, the U.S. Navy said it may sail to the rescue in San Diego by
bringing in its own electricity- generating equipment to keep its extensive
bases in the area humming.
The Navy is SDG&E's single biggest customer, drawing about 3 percent of the
utility's total output.
The Navy said in a statement that it is looking into transporting 10
750-kilowatt generators from its facility in Port Heuneme to San Diego.
For its part, the California Grocers Association said its members will reduce
electricity usage by 10 percent during periods of unusually heavy demand.
This could include lowering store lighting and cutting air conditioning at
some supermarkets.
``Although consumers may notice some differences while in their local
supermarket, the energy-saving measures will not affect normal store
operations,'' said Peter Larkin, president of the association. ``Also, none
of these measures will have a negative impact on food safety or quality.''


Attached please find the interview schedule, resume, and evaluation form for
Iris Mack.  Iris will be interviewing on December 28, 2000.  Please contact
me with any comments or concerns.

Thank you,
Cheryl Arguijo
EWS Staffing
713-345-4016


Sara and I were told this morning, by our London office, that the MG
acquisition has closed.  Based on what we have heard about MG's New York
activities, that may mean that Enron is now the owner of some
CFTC/NFA-licensees (such as FCM's, CTA's, pool operators, etc.).

I realize we may well not have acquired the domestic businesses to which I am
referring, and if we have, someone may already be addressing this.
Regardless -- do you think it would be a good idea for us to focus on this
Monday, i.e., get with whoever is overseeing the MG acquisition from ENA
Legal's perspective, and just make sure futures regulatory issues are being
properly addressed?  let me know what you think -- Bob


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/26/2001
04:47 PM ---------------------------

	Enron North America Corp.

	From:  V Charles Weldon                           01/22/2001 09:18 AM

To: Mike A Roberts/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT, Stinson
Gibner/HOU/ECT@ECT
cc:
Subject: Turnover Document


Chris:

Indeed I am very happy that you did the release yourself.  Since the offer is
biddable, I've gone in as the Pipeline Administrator to put the offer in an
"approved" status.  So now it's up for bids.  When the bid period is over and
if no one bids on the offer, then the capacity will be awarded to Boston Gas.

Ivy

Chris.Germany@enron.com wrote:

> I think you will be happy with me.  I believe I was able to release the
> capacity for April under offer #50169.
>
>     -----Original Message-----
>    From:   "Ivy Kao" <ivy_kao@iroquois.com>@ENRON
>    Sent:   Friday, March 01, 2002 10:53 AM
>    To:     Germany, Chris
>    Subject:  Re: Capacity Release
>
>    Chris:
>
>    I'll write up an IOL trouble ticket at our end and I will have our IT
>    guy to
>    call you and help you with the access.
>
>    And I have another question:  who at Enron should be receiving invoices?
>    Could
>    you please tell me.  It used to go to Ryan Keith.  Is he still there?
>    If not,
>    who should the person be?  Please let me know.  Thanks.
>
>    Ivy
>
>    Chris.Germany@enron.com wrote:
>
>    > I was getting an error messge until I downloaded something from the
>    IOL
>    > Setup & Help tab.
>    > Now, I go to http://www.iroquois.com/igts/info/section-frame.html and
>    > select "Transportation" at the top of the screen.
>    > Then I select "Customer Activities" from the left side of the screen.
>    > And this is where I used to get an error message, now I just get a
>    small
>    > symbol - looks like some sort of "flash" plug in is not loaded.
>    >
>    >     -----Original Message-----
>    >    From:   "Ivy Kao" <ivy_kao@iroquois.com>@ENRON
>    >    Sent:   Friday, March 01, 2002 10:15 AM
>    >    To:     Germany, Chris
>    >    Subject:  Re: Capacity Release
>    >
>    >    Good morning Chris:
>    >
>    >    Please tell me your exact problem in getting into the EBB or the
>    error
>    >    message
>    >    that you got or just a general description of what happened when
>    you
>    >    clicked on
>    >    Customer Activities on our website.
>    >
>    >    Yes, the capacity was awarded to Boston Gas.  I sent an email
>    message to
>    >    Jeff
>    >    LoConte and Liz Danehy about the release.  Haven't heard back from
>    them.
>    >    I
>    >    told them they can nom on the released quantity.
>    >
>    >    Ivy
>    >
>    >    Chris.Germany@enron.com wrote:
>    >
>    >    > I still am unable to get into the EBB.  Did the capacity get
>    awared to
>    >    > Boston Gas?
>    >    >
>    >    >     -----Original Message-----
>    >    >    From:   "Ivy Kao" <ivy_kao@iroquois.com>@ENRON
>    >    >    Sent:   Tuesday, February 26, 2002 1:03 PM
>    >    >    To:     Germany, Chris
>    >    >    Cc:     robin_zaleski@iroquois.com
>    >    >    Subject:  Re: Capacity Release
>    >    >
>    >    >    Chris:
>    >    >
>    >    >    The offer is now on our Iroquois OnLine system and has an
>    offer
>    >    number
>    >    >    of 50153.  The only thing I've added is Liz Dennehy's email
>    address
>    >    >    which I have as ldenehy@keyspanenergy.com.
>    >    >
>    >    >    Also the offer term end date is 4/1/2002 at 09:00.  If I left
>    it at
>    >    your
>    >    >    3/31/2002 09:00 then they wouldn't be able to nominate it on
>    the
>    >    very
>    >    >    last day of the month.  Please let me know if that is ok.
>    Thanks.
>    >    >
>    >    >    Ivy
>    >    >
>    >    >    "Germany, Chris" wrote:
>    >    >
>    >    >    > Ivy
>    >    >    >
>    >    >    > I have been having problems trying to log into Iroquois EBB
>    to
>    >    release
>    >    >    capacity to Boston Gas.  Please release the following capacity
>    to
>    >    Boston
>    >    >    Gas for March 2002, pre-arranged, subject to bid.  It should
>    be the
>    >    same
>    >    >    as offer 50136 for February 2002.
>    >    >    >
>    >    >    > Releasing shipper contact               Chris Germany
>    >    >    > Phone number                            713-853-4743
>    >    >    > Fax number                              713-646-3037
>    >    >    > email address
>    chris.germany@enron.com
>    >    >    > Releasing contract number:              6999
>    >    >    > Begin Term                              3/1/2002
>    >    >    > End Term                                3/31/2002
>    >    >    > MDQ                                     35,465
>    >    >    > Minimum bid volume                      35,465
>    >    >    > Receipt Point                           Waddington
>    >    >    > Delivery        Point                           Tenn/Wright
>    >    >    > Bid period start                                2/26/02 1:00
>    PM
>    >    >    > Bid period end                          2/26/02 2:00 PM
>    >    >    > Prearranged bid rate                    100% of max rate
>    >    >    > Prearranged bidder                      Boston Gas
>    >    >    > Prearranged bidder contact              Liz Danehy
>    >    >    > Phone number                            617-723-5512
>    >    >    > Fax number                              617-323-5372
>    >    >    > email address
>    >    >    >
>    >    >    > Let me know if I missed something.
>    >    >    >
>    >    >    > Thanks
>    >    >    > Chris Germany
>    >    >    >
>    >    >    >
>    >
>    **********************************************************************
>    >    >    > 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.
>    >    >    >
>    >
>    **********************************************************************
>    >    >
>    >    >     - ivy_kao.vcf << File: ivy_kao.vcf >>
>    >
>    >     - ivy_kao.vcf << File: ivy_kao.vcf >>
>
>     - ivy_kao.vcf << File: ivy_kao.vcf >>

 - ivy_kao.vcf


----- Forwarded by Shelly Mansfield/Enron Communications on 09/05/00 02:38 PM
-----

	Shelly Mansfield
	09/05/00 01:24 PM

		 To: Ken Rice/Enron Communications@Enron Communications, Kevin Hannon/Enron
Communications@Enron Communications, Gil Melman/Enron Communications@Enron
Communications, Kristina Mordaunt/Enron Communications@Enron Communications,
Ed Smida/Enron Communications@Enron Communications
		 cc: Dorothy Dalton/Enron Communications@Enron Communications, Carol Ann
Brown/Enron Communications@Enron Communications, Kelly Kimberly/Enron
Communications@Enron Communications, Meredith Philipp/Corp/Enron@ENRON, Paula
Rieker/Enron Communications@Enron, Mark Koenig/Corp/Enron@Enron, Marissa
Womble/Enron Communications@Enron Communications, Stacy Walker/Enron
Communications@Enron Communications, Quincy Hicks/Enron Communications@Enron
Communications, Kris Caldwell/Enron Communications@Enron Communications
		 Subject: nCUBE/Blockbuster/Enron News Release - DRAFT

Attached is a press release announcing the selection of nCUBE as the video
streaming platform for the Blockbuster entertainment on-demand service.  I
apologize for the quick turnaround, but we just received approval from nCUBE
and Blockbuster.  It will be issued tomorrow prior to the IBC conference in
Amsterdam where Enron and Blockbuster are exhibiting with nCUBE.

Please let me know if you have any comments by 5:00 p.m. today.  Thanks.

Shelly Mansfield
Enron Broadband Services
713-853-4589 office
713-646-8887 fax
877-929-7889 pager
713-303-4720 cellular


Kathy,

Vladi asked me to give you a call.  I will be out of the office until about 2:00 today so I wanted to let you know what we did to populate Form A.
We gave all post-id's that were calculated on Nov-30th to Zhiyong Wei.  From there, he dumped all of that information into excel and we formatted it from there into the required buckets.  It will take a few hours for IT to get the file ready to use so I recommend getting that together ASAP.

Let me know what I can do to help.

Thanks

Kam
x3-5781


I fixed it, no idea where those megawiggles went

 -----Original Message-----
From: 	Williams III, Bill
Sent:	Monday, July 23, 2001 7:13 AM
To:	Semperger, Cara
Subject:	Position manager

Cara,
We are short 14 mws at the Portland General System in position manager for Friday, July 20th.  HE 5 and HE 6.  Pacificorp deal #694155 is not in for those hours.
Could you look into this?
Thanks,
Bill


You need to delete the lines with dates prior to 1/1/01 on the new tickets.

D

Michael Olsen@ENRON
02/26/2001 02:54 PM
To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: deal 637225

This is the deal we made for El Paso last Friday to replace deal 235670,
which had Teco.  Julie Meyers needs a price to be added to the deal.  Which
price should I add?


Today we announced the appointment of Jeff McMahon as Enron's chief financial officer.  In my continued discussions with the financial community yesterday and today, it became clear that this move was required to restore investor confidence.  Jeff has unparalleled qualifications and a deep and thorough understanding of Enron.  He is already on the job and hard at work on the issues before us.  Andy Fastow will be on a leave of absence from the company.

Jeff had been serving as chairman and CEO of Enron Industrial Markets. He joined Enron in 1994 and spent three years in the London office as chief financial officer for Enron's European operations.  Upon returning to the U.S., Jeff was executive vice president of finance and treasurer for Enron Corp.  In 2000, he was named president and chief operating officer of Enron Net Works.

I know all of you are concerned about the continuing decline in our share price.  I am too, and we are working very hard to turn it around.  Appointing Jeff as CFO is one important step in that process.  But most of the solution involves just continuing to do our jobs with excellence.  The fundamentals of our business are strong, and I think the market will begin to see that as we continue to perform.

Please join me in giving Jeff your full support, and thank you for all of your continued hard work.