David,
Can you resend 1/26/00 MPR?  I mistakingly deleted file before all worksheets
were printed.

Thanks,
Patti (Sally's assistant)


Privileged & Confidential

David,

As far as I can tell, Mike McCall is not under a current employment
agreement.  I sent you a draft agreement for him on December 2, 1999, and
have heard nothing more about the status of that agreement.

I do not have any other information about the terms of his employment
(salary, options, etc.).

Let me know if you would like any other information from me.

Michelle

David Oxley
01/12/2000 02:42 PM
To: Cindy Skinner/HOU/ECT@ECT
cc: Susan Carrera/HOU/ECT@ECT, Michelle Cash/HOU/ECT@ECT
Subject: Strictly confidential

Mike McCall

What are his current employment terms?

If we were to let him go what would be your advice on deal?

David


Fletch,

The limits have been quoted using the 10d-99 measure. However, UBS will use all three measures.

In Portfolio #2, Gas risk overweighs Power risk. NG-R4 correlation is 60%. If you reduce your NG position, risk will come down. See portfolio 2a with 20,000/day of J-V 02 Gas. Also, see my simple square root of some of squares calc in the updated spreadsheet.

I will run Rob's scenarios sometime today and send it to you.

Vlady.

-----Original Message-----
From: Sturm, Fletcher J.
Sent: Friday, February 01, 2002 7:16 AM
To: Gorny, Vladimir
Subject: RE:

Vladimir,

Which measure are we going to be using at UBS?  VaR on portfolio #2 dosn't make sense to me that adding gas short to same position as #1c. increases risk.  What's up with that?  Also, could you forward the results from Rob Benson's portfolio's to me?  Thanks,

Fletch

-----Original Message-----
From: Gorny, Vladimir
Sent: Thursday, January 31, 2002 3:44 PM
To: Sturm, Fletcher J.
Subject: RE:

See attached. Let me know if you have questions.

-----Original Message-----
From: Sturm, Fletcher J.
Sent: Wednesday, January 30, 2002 3:28 PM
To: Gorny, Vladimir
Cc: Sturm, Fletcher J.
Subject:

 	 Portfolio  #1

 	 a.)  Long 100 N-Q '02 Cin
 	 b.)  Long 250 N-Q '02 Cin
 	 c.)  Long 500 N-Q '02 Cin

 	 Portfolio  #2

 	 Long 500 N-Q '02 Cin
 	 Short 30,000/d J-V '02 NG

 	 Portfolio  #3

 	 Long 500 N-Q '02 Cin
 	 Short 250 N-Q '03 Cin

 	 Portfolio  #4

 	 Long 500 N-Q '02 Cin
 	 Short 250 N-Q '02 PJM

 	 Portfolio  #5

 	 Long 300 N-Q '02 Cin
 	 Short 500 U '02 Cin
 	 Long 1,000 Q4 '02 Cin
 	 Long 200 Cal '03 Cin


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 08/21/2000
05:28 PM ---------------------------

"NW Security and Bug Patch Alert" <Security-BugPatch@bdcimail.com> on
08/21/2000 05:12:07 PM
Please respond to "Security and Bug Patch Alert Help" <NWReplies@bellevue.com>
To: <vkamins@enron.com>
cc:
Subject: New Love Letter variant

NETWORK WORLD FUSION FOCUS: JASON MESERVE on
SECURITY AND BUG PATCH ALERT
TODAY'S FOCUS: New Love Letter variant
08/21/00

Dear Wincenty Kaminski,

~~~~~~~~~~~~~ This newsletter sponsored by
Finjan Software ~~~~~~~~~~~~

YES, THERE ARE ALTERNATIVES TO REACTIVE ANTI-VIRUS TECHNOLOGY
Finjan Software offers proactive security solutions using real-time
behavior monitoring technology to block malicious code WITHOUT relying
on database updates. Get proactive protection for VB Script,.exe
Trojans and worms like ILOVEYOU, ExploreZip and LifeStages. Why rely on
security products that offer updates AFTER you've been hit when you can
block first-strike attacks before damage occurs? Find out more, and
download Finjan's personal security freeware, at:
http://nww1.com/go/1643930a.html
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

11 FREE Newsletter Additions from Network World!
Sign up Today at http://www.nwwsubscribe.com/foc35
Wireless in the Enterprise, Servers, Optical Networking,
The Network Channel, The Edge, Net Worker, Convergence,
Free Stuff, Mobile Computing, The Network World 200, and
Technology Executive
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Today's Focus: New Love Letter variant
---------------------------------------------------------------
By Jason Meserve

Here we go yet again.

The antivirus vendors are all sending out alerts warning their
customers of a new strain of the infamous Love Letter virus that struck
last May. This version comes with the subject line of "resume" and
contains an attachment called "resume.txt.vbs".

The file contains a fake resume, though reports vary on whether it is a
German or a Swiss engineer that is profiled. Makes no difference - the
file infects the host computer and then attempts to send itself to
everyone in the local Outlook address book.

It seems as if the virus is targeted at customers of the United Bank of
Switzerland. The new strain attempts to steal UBS account information
off the infected computer. UBS claims that the virus threatens few
people and that most customer data is secure.

For U.S. users, the problem could be more clogged e-mail pipes. But
hopefully, the general user population is now trained to be wary of any
attachment, especially those ending in .vbs. Most of the antivirus
vendors are updating their virus definition files, and protection
should be available shortly, if not already. For more:
http://www.nwfusion.com/news/2000/0817swissbug.html

Before we get on to today's alerts and patches, I'd like to mention
some upcoming coverage in Network World. A few weeks back I mentioned a
company in London offering "hacker insurance."  A couple of you wrote
in looking for more information. Unfortunately, I do not have the space
to cover such issues here.

Not to fret. Mich Kabay, author of Network World's Security newsletter,
plans to take up the topic in an upcoming edition. Mich has some great
tips for keeping your company network equipment secure, so check out his
newsletter at:
http://www.nwfusion.com/newsletters/sec/

Also, the features department here at Network World is working on a
feature on the subject of hacker insurance, and they are looking for
help. If you've got something to share, check out our forum:
http://www.nwfusion.com/cgi-bin/WebX.cgi?230@@.ee6f1b5

If you're looking for more information, stay tuned to Network World and
Mich's newsletter.

Now on with the latest patches and alerts:

Guninski finds another IE and Windows problem

Famed Microsoft bug hunter Georgi Guninski has found problems in
Internet Explorer 5.5 and Windows 98 that could allow outside users to
take control of the affected system. Both problems revolve around the
Shell DefView ActiveX control. The issue has been confirmed by
independent sources, according to news reports. For more information:
http://www.nat.bg/~joro/ieshelldefview.html
**********

SGI fixes problem with Linux kernel

SGI has released a patch for its ProPack for Linux, which ships with a
modified Linux kernel. A problem in the kernel could allow a local user
on an affected machine to gain root access. For fix information:
http://www.linux.org.uk/VERSION/relnotes.2216.html
**********

Microsoft releases patch for "Specialized Header" vulnerability

A problem in the Windows 2000 version of Microsoft's Internet
Information Server could allow a remote user to view sensitive file
information. The problem can be exploited using a specially formatted
request header. For more information on the problem and to download the
patch:
http://www.microsoft.com/technet/security/bulletin/fq00-058.asp
**********

OS/2 Warp 4.5 FTP vulnerability

For those still running the OS/2 Warp operating system, security
consultancy Vigilante has discovered a vulnerability in the system,s
FTP server. The vulnerability could be used to crash the server. IBM
has released a patch for the problem:
ftp://ftp.software.ibm.com/ps/products/tcpip/fixes/v4.3os2/ic27721/
**********

FreeBSD fixes range of problems:

Zope: The open-source Web application server contains a vulnerability
that could allow DHTML files to be changed remotely. Patches are
available from:
ftp://ftp.FreeBSD.org/pub/FreeBSD/ports/i386/packages-3-stable/www/zope-2.2.0.
tgz
ftp://ftp.FreeBSD.org/pub/FreeBSD/ports/i386/packages-4-stable/www/zope-2.2.0.
tgz
ftp://ftp.FreeBSD.org/pub/FreeBSD/ports/alpha/packages-4-stable/www/zope-2.2.0
.tgz
ftp://ftp.FreeBSD.org/pub/FreeBSD/ports/i386/packages-5-current/www/zope-2.2.0
.tgz
ftp://ftp.FreeBSD.org/pub/FreeBSD/ports/alpha/packages-5-current/www/zope-2.2.
0.tgz

Dhclient: The DHCP client for Linux can be tricked by a rogue DHCP
server into executing arbitrary commands. For patches:
ftp://ftp.FreeBSD.org/pub/FreeBSD/ports/i386/packages-3-stable/net/isc-dhcp3-3
.0.b1.17.tgz
ftp://ftp.FreeBSD.org/pub/FreeBSD/ports/i386/packages-4-stable/net/isc-dhcp3-3
.0.b1.17.tgz
ftp://ftp.FreeBSD.org/pub/FreeBSD/ports/alpha/packages-4-stable/net/isc-dhcp3-
3.0.b1.17.tgz
ftp://ftp.FreeBSD.org/pub/FreeBSD/ports/i386/packages-5-current/net/isc-dhcp3-
3.0.b1.17.tgz
ftp://ftp.FreeBSD.org/pub/FreeBSD/ports/alpha/packages-5-current/net/isc-dhcp3
-3.0.b1.17.tgz

Proftpd: The FTP server could allow both named and anonymous FTP users
to execute arbitrary commands on the server as root. For patches:
ftp://ftp.FreeBSD.org/pub/FreeBSD/ports/i386/packages-3-stable/ftp/proftpd-1.2
.0rc2.tgz
ftp://ftp.FreeBSD.org/pub/FreeBSD/ports/i386/packages-4-stable/ftp/proftpd-1.2
.0rc2.tgz
ftp://ftp.FreeBSD.org/pub/FreeBSD/ports/alpha/packages-4-stable/ftp/proftpd-1.
2.0rc2.tgz
ftp://ftp.FreeBSD.org/pub/FreeBSD/ports/i386/packages-5-current/ftp/proftpd-1.
2.0rc2.tgz
ftp://ftp.FreeBSD.org/pub/FreeBSD/ports/alpha/packages-5-current/ftp/proftpd-1
.2.0rc2.tgz

Ntop: This program is used for monitoring network usage. However, it
can be susceptible to buffer overflow attacks, which can be used to
execute arbitrary commands on the affected server. For patches:
ftp://ftp.FreeBSD.org/pub/FreeBSD/ports/i386/packages-3-stable/net/ntop-1.1.tg
z
ftp://ftp.FreeBSD.org/pub/FreeBSD/ports/i386/packages-4-stable/net/ntop-1.1.tg
z
ftp://ftp.FreeBSD.org/pub/FreeBSD/ports/alpha/packages-4-stable/net/ntop-1.1.t
gz
ftp://ftp.FreeBSD.org/pub/FreeBSD/ports/i386/packages-5-current/net/ntop-1.1.t
gz
ftp://ftp.FreeBSD.org/pub/FreeBSD/ports/alpha/packages-5-current/net/ntop-1.1.
tgz
**********

Red Hat fixes gpm module problems

Red Hat Linux last week announced it has fixed two potential problems
in the gpm module that ships with Version 5.2 and 6.x of the
open-source operating system. The problems could let a local user
launch a denial-of-service attack or execute arbitrary commands using
elevated privilege. For more information:
http://bugzilla.redhat.com/bugzilla/show_bug.cgi?id=11607
**********

Trustix urges users to upgrade Linux mail and perl packages

Two vulnerabilities in mail and perl packages that can be exploited
together to give a user root access have been patched in Trustix's
Secure Linux. The company is urging customers to upgrade as soon as
possible. For source files:
ftp://ftp.trustix.com/pub/Trustix/updates/1.1/SRPMS/mailx-8.1.1-16.src.rpm
ftp://ftp.trustix.com/pub/Trustix/updates/1.1/SRPMS/perl-5.00503-10tr.src.rpm
**********

Today's list of virus alerts:

W32/Sysid - This e-mail worm comes with no subject and could have up to
99 different filenames. The virus infects a number of system files and
attempts to e-mail itself to users listed in an Outlook address book.
(Sophos, Computer Associates)

WM97/Doeii-A - The Word macro virus displays a message, changes a
document's content and adds a password to the document. (Sophos)

W32/Bugfix and VBS/Bugfix - This virus shows up in an inbox claiming to
be a Windows bugfix with an attachment called "bugfix.exe." When the
file is opened it infects all files in the Windows directory and
attempts to send itself to all users listed in an Outlook address book.
(Sophos, Computer Associates)

WM97/Vmpck1-DV - Word macro virus attempts to change the label of the
infected computer's C: drive to "suca." It also tries to replace all
references to "il" in a Word document to "il cazzo duro." (Sophos)

WM97/Marker-FF - Another Word macro virus that tries to change a
document's author information to "Ethan Frome." (Sophos)

WM97/Marker-C - This Word macro virus takes the infected file's summary
information and transmits it to the Codebreaker's Web site. (Sophos)

WM97/Tpro-A - A lame Word macro virus that comes without a payload.
(Sophos)
**********

Miss an issue?

Just point your browser at the following link and you'll be caught up on
all your summer reading in no time:
http://www.nwfusion.com/newsletters/bug/

To contact Jason Meserve:
-------------------------
Jason Meserve is a staff writer with Network World, covering search
engines, portals, videoconferencing, IP Multicast and document
management. He also oversees the "Security Alerts" page on Fusion
(http://www2.nwfusion.com/security/bulletins.html). Jason can be
reached at mailto:jmeserve@nww.com.
-------------------------

Got a security alert or bug patch question related to your
corporate network? Post it at Experts Exchange on Fusion at
http://nwfusion.experts-exchange.com/. Another network
professional may have the solution to your problem.

May We Send You a Free Print Subscription?
You've got the technology snapshot of your choice delivered at your
fingertips each day. Now, extend your knowledge by receiving 51 FREE
issues to our print publication. Apply today at
http://www.nwwsubscribe.com/nl

*********************************************************
Subscription Services

To subscribe or unsubscribe to any Network World e-mail newsletters,
go to:
http://www.nwwsubscribe.com/news/scripts/notprinteditnews.asp

To change your email address, go to:
http://www.nwwsubscribe.com/news/scripts/changeemail.asp

Subscription questions? Contact Customer Service by replying to this
message.

Other Questions/Comments

Have editorial comments? Write Jeff Caruso, Newsletter Editor, at:
mailto:jcaruso@nww.com

For advertising information, write Jamie Kalbach, Account Executive,
at: mailto:jkalbach@nww.com

Network World Fusion is part of IDG.net, the IDG Online Network.
IT All Starts Here:
http://www.idg.com

Copyright Network World, Inc., 2000


Sam,

It's coming.

Vince
-----Original Message-----
From: Smith, William
Sent: Tuesday, November 13, 2001 10:00 AM
To: Kaminski, Vince J
Subject: Kaminski's Column

Hello Vince,

Sorry I didn't remember to ask you after the meeting.  But, don't forget to send me your column today.

Thank You,

Sam


NOTE:  YOU WILL RECEIVE THIS MESSAGE EACH TIME YOU ARE SELECTED AS A REVIEWER.

You have been selected to participate in the Mid-Year 2000 Performance
Management process by providing meaningful feedback on specific employee(s)
that have been identified for you.  Your feedback plays an important role in
the performance management process, and your participation is very critical
to the success of Enron's Performance Management goals.

Please provide feedback on the employee(s) listed below by accessing the
Performance Management System (PEP) and completing an online feedback form as
described in the "Performance Management Quick Reference Guide".  You may
begin your feedback input immediately.  Please have all feedback forms
completed by the date noted below.

If you have any questions regarding PEP or your responsibility in the
process, please call the PEP Help Desk at the following numbers:

In the U.S.:  1-713-853-4777, Option 4
In Europe:  44-207-783-4040, Option 4
In Canada:  1-403-974-6724 (Canada employees only)

Or e-mail your questions to:  perfmgmt@enron.com

Thank you for your participation in this important process.

The following list of employees is a CUMULATIVE list of all feedback
requests, by operating company, that have an "OPEN" feedback status.  An
employee's name will no longer appear once you have completed the feedback
form and select the "SUBMIT" button in PEP.

Review Group: ENRON
Feedback Due Date: Jun 16, 2000

Employee Name                   Supervisor Name                 Date Selected
-------------                   ---------------                 -------------
CAMPOS, ANTHONY                 CONSTANCE  SUTTON               May 18, 2000
DAVIS, FRANK L                  SHERI L THOMAS                  May 22, 2000
HARRELL, WILLIE L               JUDY E. BARNES                  May 19, 2000
ST. CLAIR, CAROL L              MARK  TAYLOR                    May 17, 2000


The new Sitara ticket # is 165331


Set two...  Also notice that I did not participate in picture #25...

Dee

>>> <Gerald.Nemec@enron.com> 09/26/00 01:27PM >>>

Hi Dee,

I am really sorry to hear about your brother's child.  I hope everything
with you and your family is as well as it can be right now.  I will say a
prayer for yall.

I am doing good.  Staying busy with work as you suggested.  Actually we
closed our big deal last Thursday.  That will allow my hours to become
somewhat more normal in the near future.  They are planning a trip to
reward those who worked so hard on this deal.  Guess where? Cabo.

Went to Austin this past weekend to watch my beloved Longhorns play.  They
won, fortunately.  It was good to see some old friends and hang out.   I
wouldn't mind moving back to Austin, but the jobs there just don't pay as
much as in Houston.  Everyone wants to stay in Austin after school, so they
can lowball you on the cash.

Looking forward to the pictures.  Need to refresh my memory of Cabo.  Take
care and talk to you later.

                    "Karry
                    Howton"              To:     <Gerald.Nemec@enron.com>
                    <howton.k@ghc        cc:
                    .org>                Subject:     Re: Hello!

                    09/22/2000
                    05:19 PM

Hi Gerald,

I am still here!  Sorry for not getting back to you sooner.....  My
brother's baby passed away from SID's the week I got back from Cabo and so
we have been dealing with the funeral and all of the emotions that go with
losing someone.  I think the whole ordeal is harder when it is a baby....
So needless to say I have been out of the office way too much and I am so
very much behind!

Good news!  I have some pictures that I will be sending to you next week!
That way you will not be able to forget what I look like.... I keep
forgetting them in my truck but I will make it a priority to send them to
you by Tues.

How is everything going for you?  Keeping busy with work and hopefully your
social life?  I think that you are the type that works way too many hours!!
I am sure that one day you will balance everything out...

Well it has been a full day ( I know it is only 3:00... ) and it is also
Friday so I am going to call it good and go home, take a nap and get up in
a couple of hours and head down to Seattle with Julie and Angie...

Have a great weekend and I will talk to you Tuesday!

Take Care,

Dee

>>> <Gerald.Nemec@enron.com> 09/20/00 11:35AM >>>
Are you still out there?  Sent you an email last week but didn't hear from
you.  Just checking to see if you are still in Seattle or if you moved down
to Cabo for good.

 - 28_25.JPG
 - 03_0A.JPG
 - 04_01A.JPG
 - 05_02A.JPG
 - 07_04A.JPG
 - 08_05A.JPG
 - 09_06A.JPG
 - 10_07A.JPG
 - 11_08A.JPG
 - 12_09.JPG
 - 13_10A.JPG
 - 14_11.JPG
 - 15_12.JPG
 - 16_13.JPG
 - 17_14.JPG
 - 18_15.JPG
 - 19_16.JPG
 - 20_17.JPG
 - 21_18.JPG
 - 23_20.JPG
 - 24_21.JPG
 - 25_22.JPG
 - 26_23.JPG
 - 02_00A.JPG


Hello Everyone,

There is a new version of the database.  Please install by Hitting your Start
Button, Run, Type O:\EOL\EOL REPORTING DATABASE\VIEW DATA\EOL VIEW DATABASE
INSTALLER.BAT.  The new version of the database will automatically shut you
out for 15 minutes everyday when it is necessary to update with the current
trading data.  We apologize for the inconvenience.

The old version of the database no longer contains any data.   Please be sure
to update.

Thanks,

Carrie and Eugenio


I am inquiring about the status of the Oneok Westex Transmission, Inc.
contract that was forwarded to you for your review on October 13, 2000.  I
believe that Stacey Neuweiler wanted you to review this contract before it
was used.  However, Stacey Neuweiler is no longer employed with Enron North
America Corp. and I still have this contract as outstanding to route for
signatures.

Please let me know the status of this contract.

Thank you for your prompt attention in this matter.

Marlene D. Hilliard
3-9167


Sara, what is this about? Jeff's message is a bit vague.

Sara Shackleton
04/26/2000 01:37 PM
To: Rod Nelson/HOU/ECT@ECT, Tanya Rohauer/HOU/ECT@ECT
cc:
Subject: Re: J.P. Morgan ISDA

Rod and Tanya:  Please let me know who is handling so I can pass on the news
to Jeff.  Thanks.  Sara
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 04/26/2000
02:34 PM ---------------------------

	Enron Global Finance

	From:  Jeff Nogid                           04/26/2000 09:18 AM

To: Sara Shackleton/HOU/ECT@ECT
cc:
Subject: Re: J.P. Morgan ISDA

I spoke to Bill Bradford before I left.  He didn't think that there would be
a problem.

Jeff


You may just need warm bodies at this point, big boy


I'm assuming yes, but I don't really have anything to do with this one.  Any
insight Gary or Daren?

Mary M Smith
01/02/2001 01:41 PM
To: Lauri A Allen/HOU/ECT@ECT
cc:
Subject: Dow trspt.

The Dow K# 012-24525-202 was terminated 12/31/00, therefore, a new K# was
setup (96054723).  My question is, does the rate of .025 remain the same for
Oasis Katy to Dow Stratton?  Let me know.  Thanks, Mary


An incident just occurred of which you should be aware.

One of our employees received a call from a person (aka: Jennifer Lewis) claiming to be with Enron's HR department working on a task for Robert Jones.  She requested information about employees, their names, and addresses.  "Jennifer" claimed that she had information that needed to be sent to our team per Robert.  She had an old list of employees as she named several employees who are no longer with the company.  She then requested to be faxed a list of our current employees and their addresses.  The fax number given was a Houston number, but with different prefixes than the Enron numbers.

Obviously, this individual was fraudulent and was requesting confidential information.  If any of you receive a call requesting any information about our employees, their addresses, or even asking to confirm if an employee still works at Enron, do not answer their questions.  Please refer these calls to me immediately and I will handle their inquires.

If you have any questions or need other information, please let me know.  Thank you.

Julie Kearney
ENA HR
503) 464-7404


If you,d like to support friends or family that are affected by Alzheimer,s
disease, put on your walking shoes and join them at Memory Walk 2000 on
October 28.  The walk, sponsored by the Alzheimer,s Association/Houston and
Southeast Texas Chapter, will kick off at 8:00 a.m. at the AMC First Colony
24 Theaters in Sugar Land.  Walk proceeds will be used to support programs
and services for patients, families and caregivers in the Greater Houston
Area.  Proceeds also will be used to fund research for a cure to this tragic
disease.  Don't forget to double the impact we have on theAlzheimer,s
Association by making sure that Enron matches all contributions made by
employees!

If you,d like more information about the walk or would like to make a
donation, contact Diane Bazelides at X55209.


I agree, Susan.  I would simply tell Brian Cherry that you believe we should
file separate exhibits.  All the email I have seen support that.  Mike

-----Original Message-----
From: Susan.Scott@enron.com [mailto:Susan.Scott@enron.com]
Sent: Friday, June 16, 2000 9:20 AM
To: MDay@GMSSR.com
Subject: Re: Final Late Exhibit Draft

Mike, obviously this is unacceptable.  Norm's exhibit contains factual
inaccuracies we cannot live with.  I'm assuming the rest of the group will
react similarly and Norm will be stuck filing his own exhibit.  Your
thoughts?
---------------------- Forwarded by Susan Scott/ET&S/Enron on 06/16/2000
11:15 AM ---------------------------

"Norman A. Pedersen" <napedersen@JonesDay.com> on 06/16/2000 01:08:18 AM

To:   "Cherry, Brian - TPBKC" <BCherry@sempra.com>
cc:   "'Pocta, Robert M.'" <rmp@cpuc.ca.gov>, "Cherry, Brian - TPBKC"
      <BCherry@sempra.com>, "'AlexanMS@sce.com'" <AlexanMS@sce.com>,
      "'paulamirault@aec.ca'" <paulamirault@aec.ca>,
      "'david.bayless@utility.com'" <david.bayless@utility.com>,
      "'Tomb@crossborderenergy.com'" <Tomb@crossborderenergy.com>,
      "'Burkee@cts.com'" <Burkee@cts.com>, "'Craigc@calpine.com'"
      <Craigc@calpine.com>, "'Rick.Counihan@greenmountain.com'"
      <Rick.Counihan@greenmountain.com>, "'Jdasovic@enron.com'"
      <Jdasovic@enron.com>, "'Mday@gmssr.com'" <Mday@gmssr.com>,
      "'bdingwall@unitedgas.com'" <bdingwall@unitedgas.com>,
      "'Douglass@arterhadden.com'" <Douglass@arterhadden.com>,
      "'eke@aelaw.com'" <eke@aelaw.com>, "'Jfawcet@enron.com'"
      <Jfawcet@enron.com>, "'rfoss@coral-energy.com'"
      <rfoss@coral-energy.com>, "'Gileau, Patrick L.'" <plg@cpuc.ca.gov>,
      "'johnj@bcjlaw.com'" <johnj@bcjlaw.com>, "'Johnson_Pamela@lacoe.edu'"
      <Johnson_Pamela@lacoe.edu>, "'karpjos@sf.whitecase.com'"
      <karpjos@sf.whitecase.com>, "'jleslie@luce.com'" <jleslie@luce.com>,
      "'kmccrea@sablaw.com'" <kmccrea@sablaw.com>, "'jmpa@dynegy.com'"
      <jmpa@dynegy.com>, "'porterdk@sce.com'" <porterdk@sce.com>,
      "'RochmanM@cubjpa.org'" <RochmanM@cubjpa.org>, "'RochmanM@spurr.org'"
      <RochmanM@spurr.org>, "'susan.scott@enron.com'"
      <susan.scott@enron.com>, "Betonte, Robert - TP2RSB"
      <RBetonte@socalgas.com>, "Brill, Thomas R." <TBrill@sempra.com>,
      "Follett, B. David - TPDBF" <DFollett@sempra.com>, "Harrigan, James
      P. - TP1JPH" <JHarrigan@socalgas.com>, "Hay, James E."
      <JHay@sempra.com>, "Lorenz, Lad - TPLPL" <LLorenz@socalgas.com>,
      "McVay, Nancy W - TPNWM" <NMcVay@socalgas.com>, "Morrow, Rick -
      TP3RMM" <RMorrow@socalgas.com>, "Purves, Ralph A."
      <RPurves@SDGE.com>, "Sakarias, Wayne P." <WSakarias@SDGE.com>,
      "Schavrien, Lee" <LSchavrien@sempra.com>, "Sullivan, Glen J."
      <GSullivan@sempra.com>, "Surak, Thomas M. - TP1TMS"
      <TSurak@socalgas.com>, "Teeter, James S." <JTeeter@SDGE.com>, "Van
      Lierop, Jan - TP2JXV" <tp2jxv@socalgas.com>, "Watson, Steven -
      TP2SAW" <SWatson@socalgas.com>, "Wright, Gillian - TP1GXW"
      <GWright@sempra.com>, "Barker, David - TPDTB" <DBarker@socalgas.com>,
      "'How-Downing, Lindsey'" <lindseyhowdowning@dwt.com>, "'Jun,
      Christine'" <chj@aelaw.com>, "'Khoury, Dexter'" <bsl@cpuc.ca.gov>,
      "'ack@aelaw.com'" <ack@aelaw.com>, "Nelson, Eric B. - TPEBN"
      <ENelson@socalgas.com>, "Suwara, J.- TPJUS" <JSuwara@sempra.com>,
      "Reed, William" <WReed@sempra.com>, "'Pedersen, Norman'"
      <napedersen@jonesday.com>, "'Paul, Joe'" <jmpa@dynegy.com>,
      "'Hawiger, Marcel'" <marcel@turn.org>, "'Fawcett, Jeff'"
      <jfawcet@enron.com>, "'O'Neill, Ed'" <ewo@jmbm.com>, "'Power, Pat'"
      <pjpowerlaw@aol.com>, "'Ramirez, Jaime'" <jaime.ramirez@swgas.com>,
      "'Black, Larry'" <larry.black@swgas.com>, "Fair, Pam"
      <PFair@SDGE.com>, "'Hall, Rich'" <rch8@pge.com>, "'Eisenman, Eric'"
      <EXE3@pge.com>, "'Stoner, Ron'" <rrs5@pge.com>, "'McConn, Kathy'"
      <mcconnk@epenergy.com>

Subject:  Re: Final Late Exhibit Draft

_______________________________________________________________

This message and any attachments are intended for the individual or entity
named above.  If you are not the intended recipient, please do not read,
copy, use or disclose this communication to others; also please notify the
sender by replying to this message, and then delete it from your system.
Thank you.
_______________________________________________________________

     Your proposed draft exhibit goes substantially beyond the ALJ's order.
ALJ Biren specifically stated that the the late-filed exhibit "should be
narrowly focused on the mismatch of capacity." Tr. 1021.Thus, you need to
eliminate the column entitled "Total Take-away Capacity."  Furthermore, the
column is both suspect (e.g., the representation that EOR is 770 MMcfd) and
misleading (e.g., the inclusion of SWG or PG&E in "S. Calif Take-away
Capacity").  Also, you need to eliminate the "Avg. Daily Market" box.  The
following is what should be submitted to ALJ Biren:
(See attached file: #1070989 v1 - FIRM PIPELINE CAPACITY DELIVERY (EX. TO
I.99-07-003).doc)
(See attached file: #1070989 v1 - FIRM PIPELINE CAPACITY DELIVERY (EX. TO
I.99-07-003).doc)


---------------------- Forwarded by Jason R Wiesepape/HOU/ECT on 02/03/2000
10:32 AM ---------------------------

	Enron North America Corp.

	From:  Michael B Rosen                           02/03/2000 10:18 AM

To: Jason R Wiesepape/HOU/ECT@ECT
cc:
Subject: 2000 Analyst cont'd 2


FYI - response after my call to Brian.  Agreement refers to employees of Enron Americas or its subsidiaries, and those employees involved in natural gas specifically.  Enron Networks is not named, but is definitely an oversight because so much of the support for gas comes from Enron Networks.  Close date on the sale was May 31, 2001 - 12 month non-solicit period starts from that point.  --Sally

 -----Original Message-----
From: 	Redmond, Brian
Sent:	Tuesday, November 20, 2001 9:47 AM
To:	Beck, Sally
Subject:	AEP HR

Sally - I asked Anne Koehler to give you a call - I think the non-solicit period is for one year.  The tricky bit is that we can't prevent our employees approaching AEP for  job ( or responding to AEP advertisements for a job).

Brian


Sounds like a good plan.  I can't wait to hear how it went in Danbury.
Sounds like the CRRA meeting went well.

Kay

	From:  Scott Healy @ ECT                           10/25/2000 06:00 PM

To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: Re: FCE contract

I expect that a number of business issues will be discussed tomorrow.
Whether its tomorrow or Friday, I think to maintain schedule that we will
need to get the draft P.O. (with the legal revisions) to FCE by Friday.  At
this point, I am mainly concerned about the business points and the status of
the technical information.  If we are going to be substantially done by a
week from Friday, we need to move that portion along faster.  If we get
feedback on the business points by early tomorrow, I would like to get those
comments into the draft P.O.  If not, then I want to send the P.O. (with the
changes we have) to FCE so they can review it on the weekend.


----- Forwarded by Mark E Haedicke/HOU/ECT on 10/11/2000 01:48 PM -----

	Dave Martinez@ENRON COMMUNICATIONS
	10/10/2000 09:31 AM

		 To: David Berberian/Enron Communications@Enron Communications, Rick
Bergsieker/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Philippe A Bibi/HOU/ECT@ECT,
Jeremy Blachman/HOU/EES@EES, Raymond Bowen/HOU/ECT@ECT, Harold G
Buchanan/HOU/EES@EES, Bob Butts/GPGFIN/Enron@Enron, Rebecca
Carter/Corp/Enron@ENRON, Wes Colwell/HOU/ECT@ECT, Bill
Cordes/ET&S/Enron@ENRON, David Cox/Enron Communications@Enron Communications,
Larry DeRoin/NPNG/Enron@ENRON, Janet R Dietrich/HOU/ECT@ECT, Wilson
Dietrich/Enron Communications@Enron Communications, Jeff Donahue/HOU/ECT@ECT,
John Echols/Enron Communications@Enron Communications, Steven M
Elliott/HOU/ECT@ECT, Steve Elliott/Enron Communications@Enron Communications,
Jim Fallon/Enron Communications@Enron Communications, Jay
Fitzgerald/NY/ECT@ECT, John Fugh/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Bill
Gathmann/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, johng@nepco.com, Joe
Gold/LON/ECT@ECT, Mark E Haedicke/HOU/ECT@ECT, Rod Hayslett/FGT/Enron@ENRON,
Robert Hermann/Corp/Enron@ENRON, Gary Hickerson/HOU/ECT@ECT, James A
Hughes/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Charlene
Jackson/Corp/Enron@ENRON, Joe Kishkill/SA/Enron@ENRON, Louise
Kitchen/HOU/ECT@ECT, Michael Kopper/HOU/ECT@ECT, Dan Leff/HOU/EES@EES,
Richard Lewis/LON/ECT@ECT, Tod A Lindholm/NA/Enron@ENRON, Danny
McCarty/ET&S/Enron@Enron, George McClellan/HOU/ECT@ECT, Rockford
Meyer/FGT/Enron@ENRON, Michael F Moran/NA/Enron@Enron, Kristina
Mordaunt/Enron Communications@Enron Communications, Mark S
Muller/HOU/EES@EES, Julia Murray/HOU/ECT@ECT, James L
Noles/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jere C Overdyke/HOU/ECT@ECT, Greg
Piper/Corp/Enron@ENRON, James Prentice/GPGFIN/Enron@ENRON, Brian
Redmond/HOU/ECT@ECT, Larry Reynolds/ENRON_DEVELOPMENT@Enron_Development,
Paula Rieker/Corp/Enron@Enron, Matthew Scrimshaw/LON/ECT@ECT, Jeffrey A
Shankman/HOU/ECT@ECT, Richard Shapiro/NA/Enron@ENRON, Rex Shelby/Enron
Communications@Enron Communications, Colleen Sullivan/HOU/ECT@ECT, Marty
Sunde/HOU/EES@EES, Mitchell Taylor/Corp/Enron@ENRON, Mitchell
Taylor/Corp/Enron@ENRON, ce H Thorn/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Elizabeth Tilney/HOU/EES@EES, Adam Umanoff/EWC/Enron@ENRON, Rob
Walls/NA/Enron@ENRON, George Wasaff/NA/Enron@Enron, Dick
Westfahl/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Scott Yeager/Enron
Communications@Enron Communications, Soon
Yeap/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 cc:
		 Subject: Managing Directors Information for Executive Support

My name is Dave Martinez and I am the new Team Lead over the Executive
Support Team.  I have worked Executive Support before so some I know and some
I don't.  If you have any question and or issues that need to be resolved
please let me know,,  my information is located below.  I need to get some
information so that we can better Support the Execs and all their
Assistants.  I would appreciate any assistance possible. Thank you for your
time.

Executive Name
Title-
Company-
Office Phone-
Location-
Cell Phone-
Car Phone-
Pager-N/A
(Optional) International Cell and Office Phone-

Assistants Name -
Title-
Company-
Office Phone-
Location-
Cell Phone-
Car Phone-
Pager-
(Optional) International Cell and Office Phone-

Dave Martinez
Executive Support Team Lead
713-503-6651 cell
713-853-5447 Wk
877-810-8119 pgr
8778108119@skytel.com (email pgr)


Thanks Miss Kim,

How are you hanging in there? This stuff is unbelievable... I need to set up an outside e-mail account and will send it.

Take care and keep in touch!
Laura

 -----Original Message-----
From: 	Ward, Kim S (Houston)
Sent:	Thursday, December 06, 2001 10:59 AM
To:	Mainzer, Elliot; Foster, Chris H.; Forney, John M.; Choi, Paul; Rosman, Stewart; Fuller, Dave; Lucci, Paul T.; Miller, Stephanie; Bronstein, Mara; Polsky, Phil; Wente, Laura; McDonald, Rob; Slone, Jeanie; Cathy Pocock (E-mail); Eric Strickland (E-mail); Gayleen Barrett (E-mail); Kenny Robinson (E-mail); Lisa Rosenberg (E-mail); Lyndon Clark (E-mail); Mary Beer (Ellen) (E-mail); Melissa Reese (E-mail); Mike Wardell (E-mail); Scott Connelly (E-mail); Susie LeJune (E-mail); Theresa Cline (E-mail); Olinger, Kimberly S.; Brewer, Stacey J.
Subject:	info

Some of you may have gotten a similar email before but it seems as though it is appropriate once again - I just wanted to pass on my personal information so that any of you can get in touch with me through a mean others than Enron -

3110 Lake Street
Houston,TX  77098
713-526-7117 (home)
713-412-4571 (cell)
kward1@houston.rr.com

Please keep in touch!

Kim


The attached file has one last change in blue.  If  you have any additional comments, please let me know.

Thank you,
Jeanette
x54600


RSVP:  Yes, I will attend.  I will arrive in San Antonio in time for the
dinner on Tuesday evening.  Count me out for golf on Wednesday - I don't
think they would want me to play!

Breakout Sessions:  SAP Reporting Issues
        Analyst/Associates Program
        (I will be glad to participate in any of the sessions, if there are
needs to move anyone around)

Top 4 Objectives for Accounting Group:  Streamline close process
(from a Non-Accountant!!)     Implement data warehouse for flexible reporting
        Increase visible participation in Analyst and Associate recruiting
and          rotations
        Asssure efficient service from COE (or its replacement),
         providing timely, creative solutions and an extremely high
degree of excellence

Dietary/Special Needs:    Something chocolate for dessert!!!


sorry, i left lou off of the message.
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 01/13/2001
09:46 AM ---------------------------

Drew Fossum
01/13/2001 09:45 AM
To: Norma Hasenjager/ET&S/Enron@ENRON
cc:

Subject: Request to purchase chair(s) for Susan

Lou, do we have any sort of policy on requests like this?  Lee Huber made the
same request last year and we gave her the chair (she only wanted one,
however).  Norma, any thoughts?
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 01/13/2001
09:43 AM ---------------------------

DENISE LAGESSE
01/12/2001 01:14 PM
To: Drew Fossum/ET&S/Enron@ENRON
cc: Susan Scott/ET&S/Enron@ENRON

Subject: Request to purchase chair(s) for Susan

Susan Scott would like authorization to order an Aeron chair for each of her
offices - on 47 and 41.  This particular chair is designed to help with back
problems, which she has.  Many people at Enron already have this type of
chair, but we rarely, if ever, have a surplus because they are so popular.
The cost is $567.77 per chair plus tax.  Please approve the purchase of two.
Thanks!


I think the implementation plan for the Res and Small Commercial makes good
sense.  This is good intelligence for preparing our curves and pricing
models; however, these customers are not our commercial focus and only tend
to show up as a few sites in a portfolio of sites.  SDG&E's plan was our
preferred plan to the extent that the Legislature or Commission had
implemented a mandatory rate cap for all size customers.

With respect to the larger opt-in customers, I expect that this is only
available to Standard Offer customers.  SDG&E should prevent cost shifting to
other customers who do not benefit from the cap, i.e. SO customers who do not
opt-in and DA customers who do not have the option.  Even customers who
opt-in will vary by differing degrees in terms of the size of the customer
and timeframe.  It seems to me, the only equitable implementation plan for
the opt-in customers is a customer-specific balancing account, similar to
that which is implemented for the balanced payment plan; otherwise too much
gaming will ensue which would result in the need for administratively
burdensome tracking.  To the extent that SDG&E makes all customers, including
DA customers, pay for the undercollections, we can switch our customers to
Standard Offer without any negative ramifications.  (Note: It would be
difficult to exercise such a "regulatory switching option" if only those
customers who benefit incur a surcharge into the future, because our
customers would balk at us exercising the option during our contract term and
imposing a future liability on our customer beyond the contract term.)  In
fact, it might be better if all customers were expected to pay for the
undercollections so that we can exercise the regulatory switching option.
What do others think?  I think we can work with either implementation
method.  If it is a customer-specific balancing account, we will make
customers know that the lower rates is the equivalent to a loan they will
need to eventually pay off.  If it is all customers who are expected to pay,
we will exercise the regulatory switching option.  We need to be careful not
to share too much of this strategy and insights with the utility, because
they will counter by imposing new rules and charges for switching customers
between DA and SO.

I don't believe that SDG&E's shareholders should be held accountable for a
percentage of the shortfalls.  This would provide a subsidy to SO service.  I
believe it is more important that customers realize that the utility's SO
service is not the right solution versus trying to drive the utility away
from SO service.  Either outcome works for us.

The last issue I will address is the timing of recovery of the
undercollections.  Will recovery begin during the period of the cap such that
the cap will effectively be implemented as a freeze?  Or will the recovery
begin after the cap expires, resulting in otherwise higher future rates.
Defering cost recovery will always work to our advantage from a book
perspective.  The key for me is to know asap the details, so that we can
properly model our curves for pricing new deals and reflect the changes in
our book.  However, since these questions largely pertain to the smaller
customers in SDG&E's service territory, I do not anticipate a large impact on
our book and our marketing efforts.  In fact, I think the burdens of the
modeling changes would outweigh much of the benefits of this legislation for
us.

Thanks for the intelligence.

Roger

Mona L Petrochko
09/06/2000 06:26 PM
To: Douglas Condon/SFO/EES@EES, James M Wood/HOU/EES@EES, Martin
Wenzel/SFO/HOU/EES@EES, Greg Cordell, Chris Hendrix/HOU/EES@EES, Edward
Hamb/HOU/EES@EES, Jennifer Rudolph/HOU/EES@EES, Dennis Benevides/HOU/EES@EES,
Roger Yang, Harry Kingerski/HOU/EES@EES, Gary Mirich/HOU/EES@EES
cc: West GA, James D Steffes/HOU/EES@EES
Subject: Gov. Davis Press Release

Governor has NOT signed AB 1156, $150 million from the general fund.  He HAS
signed AB 265 (SDG&E rate cap bill) and AB 970 (expedited siting for
non-permanent peaking).

I had a conversation today with Wayne Sakarias from SDG&E about
implementation.   It appears, based on the press release, that the Commission
will act tomorrow to adopt an order that will begin the implementation
process, although the order is not available for review yet.

I asked Wayne how they intended to implement the bill.  He believes that the
opt-in provision for large C&I customers, and any associated undercollections
associated with the customers that opt-in, would be handled separately from
the general application of the rate cap for residential and small commercial
customers.  I asked how they would collect any shortfalls.   It didn't sound
like they had a plan yet.  I suggested balancing account treatment for the
customers that benefit from the opt-in with any shortfalls recovered as
quickly as possible but no later than 1 year.

Relative to Res/Small Commercial:

He said that SDG&E will propose, in response to ARM comments, that the cap
(for res and small commercial) customers would not disadvantage DA
customers.  In other words, they are concerned about the appearances that
SDG&E's rates would be lower than market prices because of the cap and would
make available to DA customers a comparable pricing mechanism, that in
effect, would eliminate any pricing advantage by staying w/ SDG&E.

For example:  If prevailing market prices were 7.5 cents/kWh, SDG&E's res and
small commercial customers would only be charged upto 6.5 cents, and DA
customers would receive a 1 cent/kWh credit against their T&D charges so that
in effect, there is no economic advantage to staying w/ SDG&E.  However, when
it comes time to pay the piper for undercollections, DA and bundled customers
would again be treated comparably.

Their BIG concern is that the Commission will hang them out to dry on
reasonableness.

We agreed to keep the dialogue open.  Things will likely happen quickly.  If
folks have any recommendations or see problems with the above, let me know
asap.  Thanks.

Mona

---------------------- Forwarded by Mona L Petrochko/SFO/EES on 09/06/2000
04:03 PM ---------------------------

Sandra McCubbin
09/06/2000 03:25 PM
To: mpetroch@enron.com, Susan J Mara/SFO/EES@EES, Jeff Dasovich/SFO/EES@EES,
Paul Kaufman/PDX/ECT@ECT, David Parquet/SF/ECT@ECT, Samuel Wehn/HOU/ECT@ECT,
James D Steffes/HOU/EES@EES, Steven J Kean/HOU/EES@EES, Richard Shapiro
cc:
Subject: Gov. Davis Press Release

It doesn't look like he is going to sign the bill that takes 150 million out
of the general fund for San Diego rate payers
---------------------- Forwarded by Sandra McCubbin/SFO/EES on 09/06/2000
03:22 PM ---------------------------

	Joseph Alamo
	09/06/2000 03:15 PM

To: Sandra McCubbin/SFO/EES@EES
cc:
Subject: Gov. Davis Press Release

OFFICE OF THE GOVERNOR

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

L00:091
FOR IMMEDIATE RELEASE
September 6, 2000

GOVERNOR DAVIS SIGNS ELECTRICITY CONSUMER RELIEF LEGISLATION
SACRAMENTO ) Governor Gray Davis continued his commitment to easing the
burden of San Diego ratepayers by signing two major pieces of legislation
designed to stabilize the cost of electricity and streamline the siting
process for new power plants.

"One of the major achievements of this year's legislative session is our
aggressive response to California's energy challenge," Governor Davis said.
"My Administration did not create this problem, but we are 100-percent
committed to solving it. And, now, after a long, hot summer of unconscionably
high energy prices, relief is finally on the way."

AB 265 by Assemblywoman Susan Davis (D-San Diego) and Senator Deirdre Alpert
(D-Coronado) will stabilize the price of electricity for consumers and small
business (including schools and hospitals) in San Diego at 6.5 cents per
kilowatt-hour. These rates will be retroactive from June 1, 2000 and extend
to December 31, 2003.

"In the short term, this will ease the uncertainty of San Diego energy
prices," Governor Davis said. "When it comes to predicting their electric
bills, San Diego consumers have been in the dark long enough. This is an
urgency measure. I am signing this bill today so that the PUC can take
immediate action at its meeting tomorrow."

As a result of this legislation, the average monthly bill for residential
customers in San Diego will be reduced to $68. Small businesses (all schools
and acute-care hospitals are included) will pay an average monthly bill of
$220. Medium businesses (consuming up to 72,000 kilowatt-hours a month) would
also have a price cap of 6.5 cents per kilowatt-hour. For large businesses,
AB 265 would allow for a negotiated payment plan with SDG&E over a longer
period of time.

AB 970 by Assemblywoman Denise Ducheny (D-San Diego) and Assemblyman Jim
Battin (R-La Quinta) will help California overcome the inadequate supply of
energy, one of the biggest obstacles to lower energy prices, by expediting
the siting process for new power plants and streamlining permitting for
upgrades of old facilities.

"Restrictions and red tape have presented a powerful disincentive to those
who would build more power generators in California," Governor Davis said.
"This bill will benefit consumers by increasing supply to meet growing
demand. It will also establish new programs to reduce demand."

Over the last three months, Governor Gray Davis' leadership has been
demonstrated in his response to the San Diego electricity crisis:

On June 14, he called for emergency reduction of electricity use by all state
facilities in the San Francisco Bay area in response to electricity emergency
and rolling blackouts.
On June 15, he called on chairpersons of the Public Utilities Commission
(PUC) to analyze the conditions that led to electricity shortages in the San
Francisco Bay area the previous day, including a statewide perspective on the
price and delivery of electricity. Report was completed, submitted to the
governor and released on August 2.
On July 27, 2000, Governor Davis called on federal and state regulators to
take swift action to extend the caps on wholesale electric rates in
California and provide San Diego ratepayers with million of dollars in
refunds.
In letters written by the governor to two state regulatory agencies and two
California-based panels charged with overseeing California's power market, he
called for a coordinated state effort to urge federal regulators to take
strong measures to reduce power rates in both the short- and long-term.
On August 2, 2000, Governor Davis issued three Executive Orders designed to
reduce energy consumption by state government and speed up the time it takes
new power generating facilities to win approval from state agencies. Please
go to http://www.governor.ca.gov/briefing/execorder/index.shtm to view copies
of Governor Davis' Executive Orders.
On August 9, 2000, Governor Davis called on the Public Utilities Commission
(PUC) to establish a two-year plan that would cut electricity rates by nearly
half for residential and business customers of San Diego Gas & Electric.
The governor also reached an agreement with the California Grocers
Association that will save enough electricity to provide power to between
50,000 and 60,000 homes during periods of peak demand, as grocers agreed to
reduce power consumption by 10 percent during Stage One emergencies.
On August 10, 2000, Governor Davis wrote a letter to President Clinton urging
him to expedite the Federal Energy Regulatory Commission's investigation to
determine whether current electric rates in San Diego were unjust.
On August 22, 2000, Governor Davis called on President Clinton to release
emergency funds from the Low-Income Home Energy Assistance Program (LIHEAP)
to the state to help low-income Californians pay their rapidly-rising
electricity bills.
On August 23, 2000, President Clinton responded to Governor Davis' request by
releasing $2.6 million in emergency funds to help low-income Southern
Californians cope with the surge in their electricity bills. The president
also asked federal regulators to speed up their investigation into the
operation of U.S. power markets and urged the Small Business Administration
to use its credit programs to help small firms hurt by the price increases.
On August 23, 2000, Governor Davis reached agreement with legislators on
legislation to provide relief to San Diego ratepayers. Today's bill signing
is the culmination of that agreement.
# # #

------------------------------------------------------------------------------
--
GOVERNOR GRAY DAVIS   ?   SACRAMENTO, CALIFORNIA 95814    ?     (916) 445-2841


_________________________________________________________________

                   I N V E S T I N G  B A S I C S
                     Wednesday, October 18, 2000

benjamin.rogers@enron.com
_________________________________________________________________

REGISTER TO BECOME A FOOL -- GET FREE STUFF!
http://www.fool.com/m.asp?i=159941
_________________________________________________________________

 Sponsored By: American Express
 American Express has "some of the deepest financial planning
 tools of all the online brokerages" -Gomez Advisors,
 Internet Broker Scorecard. Invest with a brand you know and
 trust!
 http://www.lnksrv.com/m.asp?i=159942

ASK THE FOOL

-- Q. I've just learned that Levi Strauss is a private company,
so I can't buy shares of it. What other major companies are
privately held?

-- A. Take a gander at these biggies: Cargill, Mars, Bertelsmann
AG, Bechtel, Publix Supermarkets, IKEA International, Amway,
Penske, S.C. Johnson & Sons, Montgomery Ward Holding Co.,
Packard Bell NEC, Enterprise Rent-A-Car, Hallmark Cards, Borden,
McCain Foods, Hyatt, Hechinger and Domino's Pizza. Some of these
firms offer shares to employees, but individual investors are
out of luck.

-- Q. I've noticed that stocks jump in price when they're added
to the S&P 500 Index. Why is this, and is there any way to learn
which companies will be added in the future?

-- A. You've noticed correctly. When it was announced recently
that America Online would be added to the S&P 500, its shares
quickly rose about 12 percent.

Stocks get added to these indexes to replace ones deemed no
longer worthy of being included, or ones that have merged with
other companies and therefore disappear. The announcements draw
the attention of investors, sending share prices up. And once
the companies are added, index funds that will have to own these
stocks begin snapping up shares.

Unfortunately, the stocks begin moving as soon as the
announcements are made, before they're even officially added. So
there's little time to sneak in and benefit. But if you've
invested in high-quality, growing companies, chances are you may
eventually see some of them added to important indexes.

Got some questions of your own for the Fool? Head to our Help
area or post your question on the Ask a Foolish Question
discussion board.
http://www.fool.com/m.asp?i=159943
http://www.fool.com/m.asp?i=159944

_________________________________________________________________

INVESTING BASICS - STOCK SPLITS

Wondering whether to buy a stock before or after a split is like
asking, "Should I eat this peanut-butter-and-jelly sandwich
before or after Mom cuts it in half?

Stocks don't become more inexpensive when they split. True, you
get more shares. But each is worth less. Imagine you own 100
shares of Sisyphus Transport Corp. (ticker: UPDWN). They're
trading at $60 each and total $6,000. When Sisyphus splits
2-for-1, you'll own 200 shares, worth about $30 each. Total
value: (drum roll, please) $6,000. Yawn.

Some people drool over stocks about to split, thinking the price
will surge. Stock prices sometimes do pop a little on news of
splits. But these are artificial moves, sustainable only if the
businesses grow to justify them. The real reason to smile at a
split announcement is because it signals that management is
bullish. They're not likely to split their stock if they expect
the price to go down.

Splits come in many varieties, such as 3-for-2 or 4-for-1.
There's even a "reverse split," when you end up with fewer
shares, with each worth more. Reverse splits are usually
employed by companies in trouble, to avoid looking like the
penny stocks they are. If a stock is trading at a
red-flag-raising $2 per share and it does a reverse 1-for-10
split, the price will rise to $20 and those who held 100 shares
will then own 10.

Companies often split their stock so that the price will remain
psychologically appealing. Sometimes, not splitting would mean
that few people could afford even a single share. If Microsoft
hadn't split seven times in the last decade, each share would be
worth more than $6,500.

With stocks, just as with any purchase, examine what you're
getting for the price. Study the company and compare the stock
price to other numbers, such as earnings. A low price might be
inviting, but a $200 stock can be much more of a bargain than a
$20 one. If your funds are limited, you can just buy fewer
shares.

It's always fun to suddenly own more shares, but splits are like
getting change for a dollar. They're not cause for celebration.
_________________________________________________________________

IN THE SPOTLIGHT

-- If you'd like to learn more about various indexes such as the
S&P 500 (and what companies are in them), pop over to our
collection of index resources.
http://www.fool.com/m.asp?i=159945

-- Do your friends and relatives (and us) a favor -- introduce
them to the Fool. If you take a little time to help someone you
care about get on the path toward financial independence, you'll
be giving them an enormous gift. Even if you leave Fool.com out
of it, do spend some time with people, talking finances. There
are few greater gifts you can give someone than a nudge toward
financial independence.
http://www.fool.com/m.asp?i=159946

-- If you've got knowledge to share, you could make a few
dollars for it at Soapbox.com. Consider dropping by Soapbox (a
Motley Fool company) to see what other authors are offering.
http://www.lnksrv.com/m.asp?i=159947
_________________________________________________________________

A NOTE FROM THE AUTHOR(

I hope you're finding this product useful. The content
originally appeared as part of our nationally syndicated
newspaper feature (which I also prepare). Consider giving your
local editor a jingle and suggesting that they think about
carrying the Fool.
http://www.fool.com/m.asp?i=159948

Selena Maranjian
http://www.fool.com/m.asp?i=159949

_________________________________________________________________

My Portfolio: http://www.fool.com/m.asp?i=159950
My Discussion Boards: http://www.fool.com/m.asp?i=159951
My Fool: http://www.fool.com/m.asp?i=159952
Fool.com Home: http://www.fool.com/m.asp?i=159953
My E-Mail Settings: http://www.fool.com/m.asp?i=159954

 Sponsored By: American Express
 American Express has "some of the deepest financial planning
 tools of all the online brokerages" -Gomez Advisors,
 Internet Broker Scorecard. Invest with a brand you know and
 trust!
 http://www.lnksrv.com/m.asp?i=159955

THE SECRET TO A COMFORTABLE RETIREMENT...
 ...is smart planning. Start now with the Motley Fool's
 Roadmap to Retirement online seminar.
http://www.fool.com/m.asp?i=159956

BECOME A FOOL!
 Get a FREE Investing Guide and more...
http://www.fool.com/m.asp?i=159957

FOOL DIRECT E-MAIL SERVICES
 Need to change your address or unsubscribe? You
 can also temporarily suspend mail delivery. Click here:
http://www.fool.com/community/freemail/freemaillogin.asp?email=benjamin.rogers
@enron.com

 Have ideas about how we can improve the Fool Direct or new
 e-mail products you'd like to see? Try our discussion board:
http://www.fool.com/m.asp?i=159958
____________________________________________________
(c) Copyright 2000, The Motley Fool. All rights reserved. This
material is for personal use only. Republication and
redissemination, including posting to news groups, is expressly
prohibited without the prior written consent of The Motley Fool.

MsgId: msg-18262-B10182547Address.msg-20:34:10(10-18-2000)
X-Version: mailer-sender-master,v 1.84
X-Version: mailer-sender-daemon,v 1.84
Message-Recipient: benjamin.rogers@enron.com


<http://isc.dev.corp.enron.com/surveyVPN/images/index_r1_c1_r1_c1.gif>
Now that you have access to the following applications without requiring VPN access...

Outlook Web Access (email and calendar)

PEP

XMS (Expense Reporting application)

And, COMING SOON...
eHROnline (year-end)
Benefits Election (Oct. 29, 2001)
Electronic Pay Stubs (year-end), and
Much More,

through the ClickAtHome Portal and the Internet, do you still believe you need remote access through VPN from home to Enron networks (must have a valid business reason with supervisor approval and a monthly cost)?

 YES NO NOT SURE
Please answer this survey from your computer at work, not via Outlook Web Access.


Dear Priority Investor,

At American Century, we believe in helping shareholders achieve their
dreams.  Having the tools to develop a solid, long-term investment plan
that meets your individual goals is a great way to start.

Recently, Bob Puff, President of American Century Investment Management
sent you a copy of our Taming a Bear Market brochure.  We hope you have
found this brochure to be helpful in evaluating and refining your
investment plan.

If you would like additional information, or to learn more about asset
allocation, dollar cost averaging, and diversification, you may visit us
online at http://www.americancentury.com/info/tools.

It is a pleasure to have you as an American Century Priority Investor.
Please feel free to contact us at
https://www.americancentury.com/contact

Sincerely,

Mark Killen
Senior Vice President
American Century Investment Services, Inc.

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

Any information you provide American Century is kept confidential. Read
more about privacy and security in American Century's Privacy Principles
at
http://www.americancentury.com/sitehelp/topic.jsp?topic=privacy_security

You are a valued investor. If you received this message in error, or
prefer not to receive email announcements of new services, please go to
https://www.americancentury.com/accounts/unsubscribe.jsp to unsubscribe.

If you have difficulty with any of the above links, you can copy and
paste the address directly into your browser's address field.

American Century Investment Services, Inc. , 2001 American Century
Services Corporation.

_______________________________________________
Delivered with IME(TM)
http://www.tumbleweed.com


This weekend marks the first employee move into our new office building, Enron Center South.

Approximately 400 Enron Global Markets employees will occupy the building's 3rd floor next Monday.  In the ensuing six weeks another 1,500 employees from Enron Industrial Markets, Enron Net Works, and our Power and Gas Marketers will follow, occupying levels 4, 5, and 6.

We know all employees are curious to experience this exciting new space.  HOWEVER, since Enron only has an occupancy permit for these specific floors, including limited access corridors from the skywalk, we ask that:

ONLY EMPLOYEES WHO ARE ASSIGNED OFFICE SPACE IN THE NEW BUILDING AND EMPLOYEES WITH STRICT BUSINESS NEEDS TO ACCESS OCCUPIED SPACE ARE PERMITTED TO BE IN THE NEW BUILDING.

Your compliance is appreciated and will assist in our ability to effectively conduct business by not over crowding newly occupied areas with visitors.  In addition, the balance of the building remains under construction and employees are strictly prohibited from entering these areas.

We are planning an open house in late Nov. or early Dec. so that every employee has the opportunity to see for themselves what is truly a world class commercial trading environment.  Thank you for your cooperation.

Office of the Chairman


Dear Mark;  Thank goodness the election is almost over.  We ought to
have a few weeks of peace before someone will start working for 2004.
      The poles have been swamped today and I guess they expect the biggest
vote in the last 40 years.

     I am glad the election is nearly over------after almost 2 years I have
heard enough.
      I got a new tooth inlay this morning and then voted about 10:45 and
already our precinct had had over 180 voters--your mother was one as she went
before she went to the store.  I don't know who she voted for as yet. I was
thinking of putting up some cute sign like (Monica says "Back Bill"); (Nader
says "A vote for me is a vote for Bush"); (Be sure to get behind the right
Bush);(Gore is a Kunkle Head); or (Gore - Gore).  However I decided to put my
halo back on.  You realize I am joking of course.
      I watched the Northwestern-Michigan game last saturday-it had to be the
most exciting college game I have ever seen.  NW lost the ball on downs when
their star runner (he had gained 268 yards running) dropped a pass in the
endzone with no one within 10 yards.  All Michigan had to do was run the
clock down (1:45 left in game) so I turned to ESPN to try to get a Lehigh
score ( I finally did) and I never went back to the NW-Mich game.  I learned
just as I turned the radio off to sleep about 8 hours later that NW had
recovered a fumble and scored on a pass to win 54-51.  NW had beaten
Minnesota the week before on a Hail Mary pass  of 50 yards on the last play
of the game.   Incidentally Lehigh had beaten Colgate 20-14 and they are now
9-0.
     I know you are looking forward to seeing Calvin.  I wish I could be a
mouse to see that meeting. I had better leave now.  Your Mother said I should
send her love.  I add my love to that.  DAD


We are long in Enpower for tomorrow due to a parking arrangement with EPE at
PV.     We added this deal late,  so make sure that the EPE dispatcher knows
of this late preschedule of energy to EPE.
We are long the following hours/mws:

He 7-10    3mw's
He 11-22     10mw's

The length is reflected on deal #476644 and this energy should be marketed
hourly.    We need to communicate early with EPE and make sure that this goes
as smoothly  as possible.     Once sold,  of course enter the sale( under ST
SW book)  and route to the length.
This deal is completely ST SW in Enpower and we will share any profits with
ST SW.

Thanks,
JMF


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

March 16, 2001 5:00pm through March 19, 2001 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.

ENRON NORTH AMERICAN LANS:  No Scheduled Outages.

FIELD SERVICES:  No Scheduled Outages.

INTERNET: No Scheduled Outages.

MESSAGING:     ALSO SEE ORIGINAL REPORT
Impact:  Corp Exchange/Outlook
Time:  Fri 3/16/2001 at  5:15:00 PM CT thru Fri 3/16/2001 at  10:00:00 PM CT
 Fri 3/16/2001 at  3:15:00 PM PT thru Fri 3/16/2001 at    8:00:00 PM PT
 Fri 3/16/2001 at  11:15:00 PM London thru Sat 3/17/2001 at  4:00:00 AM London
Outage:  Chassis swap of NAHOU-MSMSW03V
Environments Impacted:  Users-Corp Exchange/Outlook
Purpose: Problems with the current Hardware.  After the chassis sawp,  will
be testing fail over from one cluster node to the other and for any other
problems or issues.
Backout: NA
Contact(s):  Dalak Malik    713-345-8219

MARKET DATA:   SEE ORIGINAL REPORT

NT: No Scheduled Outages.

OS/2:  No Scheduled Outages.

OTHER SYSTEMS:   ALSO SEE ORIGINAL REPORT
Impact:  CORP
Time:  Fri 3/16/2001 at  6:00:00 PM CT thru Fri 3/16/2001 at  10:00:00 PM CT
 Fri 3/16/2001 at  4:00:00 PM PT thru Fri 3/16/2001 at    8:00:00 PM PT
 Sat 3/17/2001 at  12:00:00 AM London thru Sat 3/17/2001 at  4:00:00 AM London
Outage:  Unix O/S patch upgrades and FDDI migration on servers
Environments Impacted:  All Development Groups. Servers:  Fava, Navy, Europa,
Electron, Spectra, Genesis, Sdv1tib1
Purpose: Stability
Backout: Reinstall previous patch level.
Contact(s):  Wilford Stevens    713-853-7564
  Lakshminarasimhan Srinivasan    713-345-8490

Impact:  CORP
Time:  Sat 3/17/2001 at  5:00:00 PM CT thru Sun 3/18/2001 at  12:00:00 AM CT
 Sat 3/17/2001 at  3:00:00 PM PT thru Sat  3/17/2001 at  10:00:00 PM PT
 Sat 3/17/2001 at  11:00:00 PM London thru Sun 3/18/2001 at  6:00:00 AM London
Outage:  Install Unix O/S Patches and FDDI migration
Environments Impacted:  All Development Groups. Servers:  Eclipse, Sunray,
Madrdid, Quark, Modena
Purpose: Stability
Backout: Reinstall previous patch version
Contact(s):  Wilford Stevens    713-853-7564
  Lakshminarasimhan Srinivasan    713-345-8490

SITARA:  No Scheduled Outages.

SUN/OSS SYSTEM: No Scheduled Outages.

TELEPHONY: No Scheduled Outages     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 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]
EES Help Desk     (713)853-9797 OR (888)853-9797


how does this relate to what we are working on with them ?


HEY FOOL, YOU THOUGHT COLUMBIA WAS BAD, THIS SHIT SUCKS ELEPHANT BALLS.


we have a tee time for noon on sat at longwood.


For those of you who are thinking about contributing, I would like to suggest
we get each of the managers a Leeds Benchmark Durahyde Zippered Padfolio
($15) for each .  If everyone participated, it would be less than $5 each.
They are nice and we can get them from the Signature Shop.  Let me know what
you think.

N


Eva,

Thanks.

Vince


no changes.  Mark

	Cynthia Richards <CRICHARDS@isda.org>
	05/01/2001 09:02 AM

		 To: Mark Haedicke <Mark.E.Haedicke@enron.com>
		 cc:
		 Subject: BOD Bio

 - BOD-Bios.doc


do you know where to buy x b/c i heard she digs that.  what happened to her
boyfriend.


The ISO filed a response at FERC to the PX's request to remove the hard cap
on adjustment bids and
replace it with a floating cap that would track the price of energy in the
market.

The ISO opposes the proposal arguing that it may produce extremely high
constrained Zonal market clearing
prices in the forward markets and may be subject to the exercise of market
power and to gaming.

The ISO suggests the PX fix this by anchoring its Adjustment Bids
(incremental and  decremental bids) prices
to the unconstrained market clearing price, as opposed to absolute Energy
bids.  In other words, the PX would
establish its constrained market clearing price as the sum of the
unconstrained market clearing price and the
Usage Charge resulting from the ISO,s Congestion Management process.

To effectuate this change, the PX would have to impose a new rule that
Adjustment Bids be within $125 of the
unconstrained market clearing price. The PX would then be required to process
the Adjustment Bids prior to
passing them on to the ISO. The PX would have to subtract the unconstrained
market clearing price from each
Adjustment Bid prior to submitting it to the ISO. The ISO would then utilize
these Adjustment Bids, as well as
those submitted by other Scheduling Coordinators, to run its Congestion
Management system. After the ISO
completes its  Congestion Management process, the ISO would then
"post-process" the Adjustment Bids
(add back the unconstrained market clearing price) for use by the PX in
establishing its constrained Zonal
Energy prices and, as needed, by the ISO in real-time Congestion Management.

The ISO says it does not intend, by presenting this alternative to the PX,s
proposal, to preclude consideration
of other solutions that may be presented by one or more of the utilities or
by the EOB.

The ISO also argued that the Commission should impose reporting requirements
on those entities who submit
Adjustment Bids in the ISO,s Congestion Management process.  It recommends
that the Commission require
the submission of all Adjustment Bids to the Commission, the ISO and the
EOB.  It also asked the Commission
to direct the PX Market Monitoring Unit, in concert with the ISO,s Department
of Market Analysis, to increase its
monitoring of Adjustment Bids and bids submitted in the PX forward Energy
markets for evidence of the
exercise of market power.

The ISO argues that the effect of the FERC's December 8 Order on supply
sufficiency in the ISO,s real time
Imbalance Energy market was immediate and beneficial.  It states the
following in support.  Although supply
in California is still very tight, after implementation of Amendment No. 33,
there were bids available in the ISO,s
"BEEP Stack" to address California,s real time balancing needs for the first
time in nearly a week. Immediately
after the order was issued 3000 to 5000 MW of Generation internal to
California and up to an additional 1990 MW
of imports became available to the ISO.  The following day there was only one
hour in which reserves dropped
below 6% and one hour in which reserves were as great as 10%. In addition, it
alleges that the implementation
of Amendment No. 33 has substantially relieved the burden which had
previously been placed on the ISO,s
operators by in-state Generators attempting to negotiate prices in real time
in response to ISO Dispatch instructions.

The ISO also requests that the Commission clarify its December 8 Order to
confirm that sellers submitting bids
above $250 in the ISO,s Imbalance Energy Market are required to report their
bids and provide cost information
on a weekly basis not only to the Commission, but also to the California
Electricity Oversight Board and the ISO.

The ISO requests clarification that the Commission intended to approve the
proposed December 12,
2000 effective date for the cost allocation elements of Amendment No. 33.


No.  I'll have Neil check (he does all that stuff).

From: Suzanne Adams@ECT on 07/28/2000 12:05 PM
To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: Re:

I was just wondering if you got that sorted out this morning.  I have copies
and will get them to you.  Have you checked to see if the checks cleared the
bank?

	Kay Mann@ENRON
	07/28/2000 11:56 AM

		 To: Suzanne Adams/HOU/ECT@ECT
		 cc:
		 Subject:

I have neglected to follow through on those dues checks that didn't make it
to where they should have.  Could I get a copy of copies you kept?

Thanks,

Kay


There are no physical desk to desk deals today.


And --FYI I  Dont do pictures!!!! ever   -


I am faxing the ISDA Schedule and Credit Support Annex to you.  I sent a copy
to you a few days ago.  I hope you should get it shortly.

	Denis O'Connell
	01/10/2001 10:26 AM

		 To: Denis O'Connell/LON/ECT@ECT
		 cc: Tana Jones/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT,
James.Williams@AllenOvery.com @ ENRON, Simon Brooks/LON/ECT@ECT,
Jean-Sebastien Fontaine/Corp/Enron@Enron
		 Subject: Re: Deutsche Bank

Tana -  we really need an awnser on this today - DB have given us assurance
that they are prepared to sign on Fri. mornig - as usch we need to address
any issues tomorrow morning.

Many tks

Denis

Denis O'Connell
10/01/2001 10:15
To: Tana Jones/HOU/ECT@ECT
cc: Sara Shackleton/HOU/ECT@ECT, James.Williams@AllenOvery.com @ ENRON, Simon
Brooks/LON/ECT@ECT, Jean-Sebastien Fontaine/Corp/Enron@Enron

Subject: Re: Deutsche Bank

Tana - can you confirm that the attached refelects what you have agreed with
Deutsche - in particular a ZERO Threshold under the CSA.

many tks,

Denis

Denis O'Connell
09/01/2001 19:19
To: James.Williams@AllenOvery.com @ ENRON
cc: Simon Brooks/LON/ECT@ECT, Jean-Sebastien Fontaine/Corp/Enron@Enron

Subject: Deutsche Bank

James can yourself and James go through the attached tomorrow morning when
you have a chance.  I would like to discuss any material differences with the
Enron Credit Approach.  We should be able to wrap this up this week.

tks & best regards,

Denis

Hi all--

Enclosed please find drafts of the DB--Enron Credit Ltd. ISDA, black-lined
against the DB--Enron North America ISDA that I worked on with Sara
Shackleton at Enron NA.  Please call or e-mail with any questions or
comments.  I look forward to hearing from you soon.

Regards,

Steven Kessler
Director and Counsel
Deutsche Bank AG, New York
(212) 469-8202
Steven.Kessler@db.com

(See attached file: ENRON CREDIT LTD SCHEDULE.doc)(See attached file: ENRON
CREDT LTD. PARAGRAPH 13.doc)(See attached file: Enron Credit LC.doc)

 - ENRON CREDIT LTD SCHEDULE.doc
 - ENRON CREDT LTD. PARAGRAPH 13.doc
 - Enron Credit LC.doc


On Saturday, June 9, Tropical Storm Allison left Houston in chaos dumping more than 20 inches of rain and flooding the city in a matter of hours. As of Sunday night, 17 people had died in the storm and many others are still missing. One of those who perished in the fatal flood was one of our employees, a summer intern in ETS and student at Texas A & M University, Chad Garren. Our condolences go out to his family and co-workers. At this time, Enron Community Relations and Aggies@Enron <mailto:Aggies@Enron> are planning to establish a scholarship fund in his memory.  More information on the fund will be forthcoming.

Enron has made a corporate contribution of $500,000 to the American Red Cross to aid in the victim relief effort. Enron employees are encouraged to donate to relief efforts and to take advantage of our Matching Gift Program to double the impact of your individual donation.   Enron will match your contribution dollar for dollar and your donation will not be counted against your $15,000 annual limit.

Although Enron is supporting the American Red Cross, please feel free to make your donation to the non-profit organization of your choice that is offering aid to flood victims (they must provide proof of their 501c 3 status). Please send your check to EB1635a before Friday, June 15, and we will send it, along with a matching check to the appropriate agency.  On the memo line of your check, please make sure to write "Houston Flood Relief."

We know that many Enron employees have been severely impacted by this devastating flood. Enron cares about you and your family and would like to make sure that your immediate needs are being met. If you have been displaced because of the flood, please contact the Community Relations hotline at ext. 37181 for assistance. Also, if you would like to help your co-workers who have been displaced, an account has been set up at the Enron Federal Credit Union to accept donations. Please bring/send your contribution to the Enron Federal Credit Union and make your checks out to Employee Flood Relief .

There are many agencies in Houston in need of volunteer assistance. If you would like to volunteer, please e-mail your name and extension to communityrelations@enron.com <mailto:communityrelations@enron.com>. Please note if you are willing to lead a project.

Again, our hearts go out to Chad's family and to all of you who have been impacted by this tragedy. Please continue to watch your e-mail for more information.


The way this deal needs to be concluded is to have Scott Neal execute the
deal by phone with Duke and for Scott to then create deal tickets from which
the confirmation will be drafted.  The trade date will be the date Scott
closes the deal by phone with Duke.  For tax reasons it is very important to
keep the formalities in place with all trades executed by an ECT trader and
all documentation coming from ECT Houston to Duke.  We even have to be
careful what we say to Duke in our emails.  Let me know if you have any
questions.

To: Julian Poole/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Don
Black/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Federico
Cerisoli/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Brent
Hendry/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sara Shackleton/HOU/ECT@ECT, Dale
Neuner/HOU/ECT@ECT
cc:
Subject: Re: ISDA

So far as much as I've been able to track, the Houston Confirmation Desk does
not know about this Duke Confirm yet.  Don, can you contact Dale Neuner on
the Confirmation Desk ASAP with the proposed deal terms so he can prepare the
Confirm and get it sent over to Duke.  Thanks!
---------------------- Forwarded by Tana Jones/HOU/ECT on 08/19/99 02:28 PM
---------------------------
From: "Julian Poole/ENRON_DEVELOPMENT" AT ENRON_DEVELOPMENT@CCMAIL on
08/19/99 06:44 PM
To: Tana Jones@ECT
cc: Sara Shackleton@ECT, Federico Cerisoli AT ENRON_DEVELOPMENT@CCMAIL, "Don
Black/ENRON_DEVELOPMENT" AT ENRON_DEVELOPMENT@CCMAIL, Brent Hendry AT
ENRON_DEVELOPMENT@CCMAIL
Subject: Re: ISDA

Tana, do you know what's the "Confirmation Letter" Duke is talking about in
the e-mail below? They are requesting us to send it to them.

Julian
---------------------- Forwarded by Julian Poole/ENRON_DEVELOPMENT on
19/08/99 14:40 ---------------------------

Federico Cerisoli
19/08/99 19:43

To:   "Erik Ludtke" <elludtke@duke-energy.com>
cc:   "Roni A Cappadonna" <vacappadonna@duke-energy.com>, "Alejandro Felices"
<axfelices@duke-energy.com>, Don Black/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Sara Shackleton@ENRON_DEVELOPMENT, Brent
Hendry/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Julian
Poole/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject:  Re: ISDA

Good!  I hope this is the first of a number of transactions we enter into
together.   Please have your people sending the ISDA back to our lawyers in
Houston with Duke's signature so we then complete the loop.

Julian, would you please co-ordinate asap with our Houston staff to have them
sending the confirmation to Roni at the fax number below?  Thanks.

"Erik Ludtke" <elludtke@duke-energy.com> on 08/19/99 10:07:36 AM

To:   Federico Cerisoli/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:   "Carol F. Graebner" <cfgraebner@duke-energy.com>, "Amy J Statler"
<ajstatler@duke-energy.com>, "Roni A Cappadonna"
<vacappadonna@duke-energy.com>, "Alejandro Felices"
<axfelices@duke-energy.com>, "Maria Zocchi" <mzocchi@duke-energy.com>

Subject:  ISDA

We are in receipt of the ISDA agreement, partially executed by ECT.

We would like for ECT to send the confirmation letter to Roni Cappadonna in
Houston, at 713-627-4778.  The fax number is 713-627-6524.


***********************************************
Save 10% on Alaska and Horizon Flights
online at alaskaair.com/horizonair.com
************************************************
________________________________________________________
10% SAVINGS - IT'S THIS EASY - HOW DOES IT WORK

Just purchase your Alaska Airlines or Horizon Air flight online at
alaskaair.com or horizonair.com by March 9, 2001 and you'll save 10% on
travel.
This discount is valid for travel between now and June 30, 2001, so you can
even save on Spring Break travel! You'll save on EVERY published fare you
purchase online to all destinations, including Mexico or Canada.

While you're there, you can rack up hundreds of bonus miles - whether it's
your
first online purchase or hundredth, and now you can even check-in and print
your boarding pass online. So find us today and see why
http://www.alaskaair.com and http://www.horizonair.com are your Internet
Savings Providers.

________________________________________________________
10% SAVINGS RULES

The following rules are available at:
http://www2.alaskaair.com/Promo/PromoTerms.asp

The ten percent discount applies to purchases made online at alaskaair.com or
horizonair.com only.  Discount is valid for tickets purchased by March 9, 2001
and for travel completed by June 30, 2001. Discount applies to published fares
for flights operated by Alaska Airlines and Horizon Air only. Discount applies
to new bookings only, not valid on pre-existing bookings or previously
ticketed
reservations. Discount cannot be combined with other discounts or promotions
including Web Specials, coupons, senior discounts, and all unpublished fares.
Discount does not apply to Alaska Airlines Vacations or Horizon Air Holidays
purchases. Any changes to purchased reservations are subject to a US$50 fee
per
ticket and any applicable changes in fare. Itinerary on reservations is
limited
to a maximum of four flight numbers. Ground travel between an arrival city and
your next departure city counts toward the four flight number limitation. A
credit card is necessary for online purchase. Discount applies to fare level
prior to all applicable taxes, fees, and surcharges. All taxes, fees and rules
of fare purchased apply, including refund, change and travel restrictions.
Discount subject to change without notice and other restrictions may apply.
All fares on the web are shown in US dollars.

==============================================================
You are receiving this message today because you subscribed to our Email
Notification Service.  While we'd be pleased to continue to tell you about our
great products and prices, you can unsubscribe by visiting our Web site at
http://www2.alaskaair.com/listserv/webmail.asp

Please do not respond to this message. Mail sent to this address cannot be
answered.


We're on the 5th floor of the new building--it was full--there's only about 20% of us left.  I've never been through anything like this, so yesterday was very hard for both Paula (she's still here, too!) and myself--to watch alot of our group walking out the door.  It's pretty quiet here, too.

 -----Original Message-----
From: 	Nemec, Gerald
Sent:	Tuesday, December 04, 2001 4:24 PM
To:	Snow, Dina
Subject:	RE:

Still here.  Pretty quiet on the floor though.  How hard did your area get hit?

 -----Original Message-----
From: 	Snow, Dina
Sent:	Tuesday, December 04, 2001 11:17 AM
To:	Nemec, Gerald
Subject:

I saw you in the parking garage this morning.  So, you survived the first round, too, huh?


Molly,

We would like to hire Mr Bhalachandra Mehendale for a summer position.  He is
currently working on his MS Finance at U. of Wisconsin and is scheduled to
finish December 2001.   His resume is attached.

He will be available from about  May 28 until the end of August.   Please let
me know what additional info you need research to provide.

Regards,

Stinson

 - Bhala_Resume.doc


Hess Collection.  Opus.  Sterling.  Mondavi.  Jarvis (if you can get in).

Cameron Sellers
Vice President, Business Development
PERFECT
1860 Embarcadero Road - Suite 210
Palo Alto, CA 94303
cameron@perfect.com
650.798.3366 (direct dial)
650.269.3366 (cell)
650.858.1095 (fax)

-----Original Message-----
From:  Jeff.Dasovich@enron.com [mailto:Jeff.Dasovich@enron.com]
Sent: Tuesday, November 07, 2000 4:52 PM
To: psellers@Haas.Berkeley.EDU; eldon@interx.net;
Nancy.Sellers@RobertMondavi.com; cameron@perfect.com; scottwl@hotmail.com
Subject: Wineries

Good friend of mine's going to Napa to see wineries.  Looking for
everyone's favorites to pass along.  Suggestions?


As we discussed yesterday, the TCPL Mainline Service and Pricing Settlement
language
on the proposed Capacity Turnback Policy may be very important feature of the
Settlement
if ENA ends up reducing its sale to the plant and is responsible for
mitigating the cost of Sithe's
transportation upstream of Chippawa.  The other features such as FT Make-Up
Credits and AOS
Credits on Sithe's transport will create new opportunities to generate
incremental revenues for
ENA and Sithe.  The IT Floor Price  will directly impact the "death spiral"
of future capacity
decontracting and resulting increased demand charges for Sithe if the IT
Floor is placed below
100% of firm tolls.

Here are some additional comments and questions on the draft language on
TCPL's
Turnback Policy:

1) Policy is good only through December 31, 2002, the ending date of the
Settlement.
 There are a couple pipeline expansions (i.e. Iroquois' Eastchester and a
rumored
 alternative to the Canadian portion of Millenium) that have a Fall 2003
in-service
 date.  Will TCPL's "queue" for new capacity kick-off the Turnback Policy?
Is there
 a requirement that TCPL's upstream capacity match up with takeaway capacity
in
 the U.S., for example Iroquois's 230,000 dth/d Eastchester project.  Sithe's
capacity
 may only partially prevent an additional expansion from Dawn to Waddington.
 Sithe's capacity, however, would have higher value if the rumored Dawn to
Niagara
 expansion alternative to Millenium becomes a reality.  Can the language be
clarified
 so that we don't lose out on turning back Sithe's capacity if an expansion
project
 does not quite hit the deadline of December 31, 2002?

2) Requests for Turnback to be only posted on TCPL's bulletin board.  Can
TCPL be
 required to make a written notification to all FT shippers?  What will be
the minimum
 amount of time that shipper will have to prepare turnback bids?  Several
weeks to
 a month is typical for U.S. pipelines and can occur simultaneously during
the Open
 Season for the expansions.

3) Existing FT shippers along the path on the Mainline System being expanded
may
 offer to turnback all, or a portion of, their FT contracts.  What criteria
and who
 determines the path to be expanded?  If a downstream expansion project is for
 10 years, what if TCPL only needs to expand for the first couple of years
and then
 there is more turnback?  It just seems that there is so much TCPL discretion
on the
 bid and evaluation process?  Could some guidelines or goals established ahead
 of time, in addition to the highest NPV process, that would direct how some
of these
 decisions are made?

4) FT Shippers can turnback capacity on a permanent or temporary basis.  Is
this
 the approach that TCPL is proposing to handle that capacity is only needed
for
 say 10 years to match up with Iroquois' Eastchester project?  In the U.S.
shippers
 have ROFR rights to extend their contract after the initial term.  Is
turnback capacity
 and the evaluation process that TCPL is proposing considering extending
contracts
 beyond the primary term?

5) Turnback premiums and turnback discounts.  I believe the goal should be
that
 Shipper's such as Sithe, who have the longest contract term on TCPL's shipper
 list, are protected from any increased rate base that will lead to higher
prices in
 the future if the entire pipeline is not fully contracted.  This is an
optimization step
 that needs to be included during the bid evaluations.  I am not clear whether
 the proposed NPV approach and the Policy Item #7 fully protects long-term
 shippers?

6) During the NPV evaluation, are 100% tolls used or just the reservation
charges?

7) The valuation of the NPV cost of new Facilities and/or "Transportation by
Others"
 capacity to meet new service reuirements.  Sithe's St. Clair to Chippawa
transport
 is already a "TBO" capacity contract from Dawn to Chippawa.  Could the
wording
 be changed in the evaluation formula so that TCPL considers the net cost
impact
 to the TCPL. on the net facility impact, rather than just any new savings in
"TBO"
 capacity costs?

8) All turnback costs and revenues will be recorded in a Flow-Through Deferral
 Account.   Will remaining firm shippers see all the benefit or the cost from
how
 this account will be applied in the next subsequent Test Year?

If you have any questions, please call me at x31667,

Ruth


Patti:  Please forward this message to Tom Hopwood.

Tom:  The good (or bad) news was that I was here late enough to see the memo
come out on e:mail Friday night.  Most will see this on Tuesday after the
holiday.  I did get a few calls tonight from a hardy few that were still here
in the office.  I will call you when I am back from London.  Thanks for all
of your help this week on the two meetings.  --Sally
---------------------- Forwarded by Sally Beck/HOU/ECT on 01/12/2001 11:09 PM
---------------------------

	Enron North America Corp.

	From:  Office of the Chairman @ ENRON                           01/12/2001
07:31 PM

Sent by: Office of the Chairman@ENRON
To: All Enron Worldwide
cc:
Subject: Managing Director and Vice President Elections

The Managing Director PRC Committee met this week to elect individuals to
Managing Director and Vice President positions.  These employees are
recognized as outstanding contributors to the organization, whose individual
efforts have been instrumental in the continued success and growth of the
company.  We are pleased to announce the election of the following new
Managing Directors and Vice Presidents.  Please join us in congratulating
these individuals on their new appointments.

Managing Director ) Commercial

Phillip K. Allen, ENA (EWS) West Gas Trading - Houston
Franklin R. Bay, EBS Entertainment on Demand - Houston
Timothy N. Belden, ENA (EWS) ) West Power Trading - Portland
Michael R. Brown, EEL ) Executive - London
Christopher F. Calger, ENA (EWS) West Power Origination - Portland
Joseph M. Deffner, ENA (EWS) Treasury & Funding - Houston
Timothy J. Detmering, ENA (EWS) Corporate Development - Houston
William D. Duran, ENA (EWS) Generation Investments - Houston
Robert S. Gahn, EES Commodity Structuring - Houston
Kevin C. Garland, EBS Broadband Ventures - Houston
Ben F. Glisan, Jr., Corporate ) Global Equity Markets - Houston
Robert E. Hayes, ETS COMM Marketing - Houston
Phillip R. Milnthorp, ENA (EWS) Canada Origination & Trading - Calgary

Managing Director ) Commercial Support

Sally W. Beck, ENW (EWS) Energy Operations Management - Houston
Fernley Dyson, EEL Finance & Support Services - London

Vice President ) Commercial

Gregory Adams, EES MMC Management - Houston
Robert Bayley, EEL-UK Origination ) London
Jack D. Boatman, ETS Market Development ) Houston
Rhenn Cherry, EES Assets/Labor ) Houston
Niamh Clarke, EGM (EWS) Liquids Trading ) London
Peter Crilly, EEL-UK Origination ) London
Derek J. Davies, ENA (EWS) Canada Origination ) Calgary
Mark D. Davis, Jr., ENA (EWS) East Power Trading ) Houston
Charles Delacey, Corporate Finance ) Houston
Paul Devries, ENA (EWS) Canada Origination ) Toronto
Christopher H. Foster, ENA (EWS) West Power Trading ) Portland
Jeffrey F. Golden, EES Corporate Development ) Houston
Michael D. Grigsby, ENA West Gas Trading Group - Houston
Troy A. Henry, EES Bundled Sales-Heavy Industrial ) Houston
Rogers Herndon, ENA (EWS) East Power Trading ) Houston
James W. Lewis, EES Underwriting ) Houston
Christopher Mahoney, EGM (EWS) Liquids Trading ) London
Andrew Marsden, EBS Broadband Ventures ) London
John McClain, EBS Broadband Wholesale Origination ) Houston
Kevin J. McGowan, EGM (EWS) American Coal ) Houston
Albert E. McMichael, Jr., ENA (EWS) Gas Commodity Structuring ) Houston
Ermes I. Melinchon, Central America Origination ) Houston
Steven R. Meyers, EES Consumption ) Houston
Lloyd D. Miller, ENA (EWS) Portfolio Management ) Houston
Michael A. Miller, Wind Development / Execution-General Administration )
Houston
Marcello Romano, EBS EEL-Broadband Trading ) London
David A. Samuels, ENW (EWS) EnronOnline - Houston
Per A. Sekse, EGM (EWS) Global Risk Markets ) New York
Edward S. Smida, EBS Video on Demand ) Houston
Mark Tawney, EGM (EWS) Weather Trading ) Houston
Jon Thomsen, EBS Business Development ) Latin America/Canada ) Portland
Barry L. Tycholiz, ENA (EWS) West Gas Origination - Houston
Frank W. Vickers, ENA (EWS) East Gas Origination ) Houston
Amit Walia, Corporate, Corporate Development ) Houston
William White, EBS Global Bandwidth Risk Mgmt ) Houston
Jonathan Whitehead, EEL EA Trading ) Japan
Mark Whitt, ENA (EWS) West Gas Origination ) Denver
John A. Zufferli, ENA (EWS) Canada Power Trading - Calgary

Vice President ) Commercial Support

Beth Apollo, EEL Financial Operations Executive ) London
Marla Barnard, EBS Human Resources ) Houston
Karen L. Denne, Corporate, Public Relations ) Houston
Georganne M. Hodges, ENA (EWS) Trading, Origination & Power Plant Accounting
) Houston
Phillip Lord, EEL Transaction Support ) London
Peggy Mahoney, EES Marketing ) Communication ) Houston
Steven Montovano, Corporate, Government & Regulatory Affairs ) Dublin
Laura Scott, ENA (EWS) Canada Accounting ) Calgary
Richard C. Sherman, ENA (EWS) Transaction Support ) Houston
Gregory W. Stubblefield, EES Financial Planning & Reporting ) Houston
Dennis D. Vegas, CALME International Public Relations ) Houston

Vice President ) Specialized Technical

Sami Arap Sobrinho, ESA (EWS) Legal ) Houston
Merat Bagha, EBS Sales Engineering ) Houston
Justin Boyd, EEL Legal ) London
Mary Nell Browning, EBS Legal ) London
Jonathan Chapman, EEL Legal ) London
Robert D. Eickenroht, Corporate, Legal ) Houston
Mark Evans, EEL Legal ) London
David Forster, ENW (EWS) EnronOnline ) Houston
Janine Juggins, EEL Tax ) London
Peter C. Keohane, ENA (EWS) Canada Legal ) Calgary
Pinnamaneni V. Krishnarao, ENA (EWS) Research Group ) Houston
Travis C. McCullough, ENA (EWS) Finance Origination, Mergers/Acquisitions )
Houston
Michael Popkin, ESA (EWS) SA- Risk Management/Network Integration ) Houston
Elizabeth A. Sager, ENA (EWS) Physical Trading ) Houston
Richard B. Sanders, ENA (EWS) Litigation ) Houston
John W. Schwartzenburg, EECC Legal ) Houston
Michael D. Smith, EES Legal ) Houston
Marcus Vonbock Und Polach, EEL Legal ) London
Jay C. Webb, ENW (EWS) EnronOnline Systems ) Houston

Vice President ) Technical

Donald R. Hawkins, ETS Quality Management ) Houston
John R. Keller, ETS Engineering & Construction ) Houston


Attached is PIRA's latest "Electricity Daily Demand Forecast."

If you have any questions regarding the report's content, please contact
Morris Greenberg (email: morris@pira.com) or Victoria Watkins (email:
vwatkins@pira.com), at (212) 686-6808.

Contact John Graziano regarding PIRA report distribution and address changes
at (212) 686-6808, email: support@pira.com.

NOTE: Circulation of the "Electricity Daily Demand Forecast" outside a
Client's licensed distribution area is strictly prohibited. Clients that are
unsure of their licensed distribution or require an extension of their
current license should contact their PIRA sales representative, or email to
sales@pira.com.

PIRA Energy Group

 - ed050401.pdf
 - ed050401.xls


Do you have time to meet with Patrici Thurston today re tax issues with Mid
America?

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


Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com
----- Forwarded by Sara Shackleton/HOU/ECT on 03/26/2001 05:01 PM -----

	Mark Haedicke@ENRON
	Sent by: Enron Announcements@ENRON
	03/02/2001 04:51 PM

		 To: All_ENA_EGM_EIM, Enron Global Assets
		 cc:
		 Subject: LEGAL REVIEW OF THIRD PARTY ELECTRONIC TRADING PLATFORMS

In order to ensure adequate, consistent legal review of on-line terms and
conditions governing use of third party electronic trading platforms, you
must have all registration documentation (including, for example, password
applications and access agreements) approved by the On-Line Trading Legal
Contact before such documentation is submitted or executed.  Any document
that requires acceptance by &clicking8 should be treated like any other legal
document.  You are not authorized to accept any such click agreement without
written approval of the On-Line Trading Legal Contact.  In addition, the
On-Line Trading Legal Contact must review and approve all product
descriptions and other on-line terms and conditions applicable to a product
before a password may be used to trade that product on a third party
electronic trading platform.  Accordingly, before any master user or subuser
uses a password to trade a product, he or she must confirm that the On-Line
Trading Legal Contact has approved all applicable product descriptions and
terms and conditions applicable to such product.

The current On-Line Trading Legal Contact is Mark Greenberg (extension 58897)
(or in his absence, Mark Taylor (extension 37459)).