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Week of November 14, 2000
A Weekly Travel Newsletter from  TravelNow.com

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Dear Eric,
It's getting colder outside and it seems like winter is here  to stay. To
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deals now!

??This Week in Here's the Deal

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The two canadian points (Dawn and Niagara) are quoted in US dollars so a
basis can be calculated.  We also need to add NIT (AECO).  John McKay manages
this product.  He should know the hours of trading and which day should be
selected for index calculation.

Hunter


Hi, Sara!

Cynthia asked me to check with you guy about a Korean entity.  Michael
Moulton has done a swap with a Korean entity that will be confirmed under a
confirmation with Annex A attached.  Are there any special provisions we need
to add for a Korean entity?

Thanks!

Marie

Marie Heard
Senior Legal Specialist
Enron Broadband Services
Phone:  (713) 853-3907
Fax:  (713) 646-8537
Marie_Heard@Enron.net


I would let her know that there is no definite timeline but we are closing a transaction next week.

-----Original Message-----
From: Fuller, Dave
Sent: Thursday, October 11, 2001 12:09 PM
To: Whitt, Mark; Tycholiz, Barry
Subject: FW: EPNG Space

Any suggestions before I respond to this?

-----Original Message-----
From: Barry, Penny [mailto:barryp@bp.com]
Sent: Thursday, October 11, 2001 1:06 PM
To: Fuller, Dave
Subject: RE: EPNG Space

Dave,

Just wanted to clarify what kind of deadline your aiming for with this
transport proposal.  The reason I am asking is I have taken this to the next
level and we will probably need several days to run through our internal
processes.  I know you are working with multiple parties so if you let me
know how you would like to proceed then we can be working on a similar
timeline.

Thanks,  Penny

-----Original Message-----
From: Fuller, Dave [mailto:Dave.Fuller@enron.com]
Sent: Wednesday, October 10, 2001 4:59 PM
To: Barry, Penny
Subject: RE: EPNG Space

Sorry its taking me so long the guy I need to tlk to is out.  I'll get
you the particulars tomorrow.

Dave

-----Original Message-----
From: Barry, Penny [mailto:barryp@bp.com]
Sent: Wednesday, October 10, 2001 11:25 AM
To: Fuller, Dave
Subject: RE: EPNG Space

Dave, you also mentioned space on TW - do you have any more information
on
this?

Thanks, Penny

-----Original Message-----
From: Fuller, Dave [mailto:Dave.Fuller@enron.com]
Sent: Tuesday, October 09, 2001 9:49 AM
To: barryp@bp.com
Subject: EPNG Space

Hey Penny,

One more thought on the EPNG capacity valuation we've been discussing...
physical gas in the San Juan is selling at a discount to index,
therefore we are incorporating that into our valuation.  I thought you
might want to consider that as well.

Thanks,

Dave Fuller
Enron North America
503-464-3732

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intended recipient (s). Any review, use, distribution or disclosure by
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If HR can not find this signed review, can Clara communicate with someone in
your group in Houston to be able to access a copy of the review by 11:00 am
on Friday?  That is the deadline for the final tally on completed reviews
(defined strictly by HR as their having received - and retained, I guess -
the signed review).  The goal is 100% completion by then, for reporting in
the ENA Office of the Chair staff meeting on Friday afternoon.  Although many
employees are now not under the ENA umbrella, we are tracking the completion
of reviews by their operating company assignment at the mid-year PRC time.
Thanks.

Of course, I believe you said that this guy left the company, and if that is
the case we may be alright without the review.  But getting a second copy
from Clara would probably be the best bet.  Thanks.

	From:  Sheila Glover                           10/12/2000 08:34 AM

To: Hector McLoughlin/Corp/Enron@Enron, Sally Beck/HOU/ECT@ECT
cc: Clara Carrington/HOU/ECT@ECT
Subject: Re: Demarco Carter

Hector,
DeMarco Carter's mid-year was completed and turned in with the others, per
Clara.

I you still can not find, Clara can make a copy for you next Tuesday when she
returns from the London office.
Sheila
---------------------- Forwarded by Sheila Glover/HOU/ECT on 10/12/2000 08:28
AM ---------------------------

Clara Carrington
10/12/2000 03:35 AM
To: Kelly Templeton/Corp/Enron@ENRON
cc: Sheila Glover/HOU/ECT@ECT
Subject: Re: Demarco Carter

Yes.  The signed copy was turned in with the others.

Clara

Kelly Templeton@ENRON
10/11/2000 03:22 PM
To: Clara Carrington/HOU/ECT@ECT
cc:
Subject: Demarco Carter

Did you do a performance review for Demarco?  Please let me or Sheila know.

Thanks,
Kelly
x39945


Jeff,

Attached is a file that contains an analysis that Bob Badeer asked me to do
for you.  The results are displayed on the "graphs" page in two graphs:

1. This (top) graph shows a typical portfolio that the utility might want to
use to cover its short position.  I have displayed here a representative
average monthly peak load shape for the year (it is acutally the CAISO avg
peak load for the previous 12 months).  We have assumed that the utility has
available 15GW of capacity ("utility-owned resources"), and that the
remainder will be served through one of four types of contracts: a 10-yr
fixed price, a 5-year fixed price, a 1-yr fixed price, or "monthly" prices
(i.e., spot or balance of the month type prices).  We have then allocated the
net short position among these four contracts in varying amounts, assuming
that the utility would not want to be over-exposed to any one term.

2.  This (bottom) graph shows peak prices (using an average of NP and SP) for
the next five years (1) for the four contracts listed above ("Monthly" is
simply our forward curve) and (2) for a weighted average price assuming the
allocation shown in the first graph.  We note that we have assumed a cost to
generate for the utility's resources of $40/Mwh.

Hope this is somewhat clear.  If you have any questions, please call me at
503-464-8671.  Thanks.


Please see Q71102.2 for the reversal of the original deal done on EOL.

Jean Bell@ECT
11/02/2000 01:36 PM
To: Errol McLaughlin/Corp/Enron@ENRON
cc:

Subject: COOK

ENA did an EOL deal with Cook on 11/1/00 (Q71102.1, EOL #539925).  Kevin,
Cook, has called to verbal the reversal of this deal and I do not find in
Tagg where this deal has been reversed.  Please  check and let me know that
you find so that I can call Kevin back.  Thanks.

   Reversal: Cook Buys and pays $4.555
     20,000/day, December, 2000
     ENA sells and pays last day

Jean


This deal is entered with a span of two weeks on the top half of deal entry
and one day on the lower half.  Can you check it out?

Thanks!


----- Forwarded by Tana Jones/HOU/ECT on 05/03/2000 08:45 AM -----

	Tom Moran
	05/03/2000 08:43 AM

		 To: Frank L Davis/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT, Tana
Jones/HOU/ECT@ECT
		 cc: Tom Moran/HOU/ECT@ECT, Sheri Thomas/HOU/ECT@ECT, Mark
Taylor/HOU/ECT@ECT, Bernice Rodriguez/HOU/ECT@ECT, Brant Reves/HOU/ECT@ECT,
Debbie R Brackett/HOU/ECT@ECT, David Hardy/LON/ECT@ECT, Lesli
Campbell/HOU/ECT@ECT, Lisa Gillette/HOU/ECT@ECT, Linda S Bryan/HOU/ECT@ECT,
Connie Sutton/HOU/ECT@ECT, Sylvia A Campos/HOU/ECT@ECT, Matthew
Allan/LON/ECT@ECT, Molly Harris/HOU/ECT@ECT, Cynthia Clark/Corp/Enron@ENRON,
Enron Europe Global CounterParty
		 Subject: EOL / Credit / GCP Responses 5/2/00

Please find attached Credit's EOL responses for 5/2/00

Regards
tm


Bill and Tanya:

Clint would like to finalize Lehman and CSFB, in that order.  We are in the
midst of transferrring a swap from Merrill to Lehman.  Thanks for your help.
Sara


You have received this message because someone has attempted to send you an e-mail from outside of Enron with an attachment type that Enron does not allow into our messaging environment. Your e-mail has been quarantined and is being held at the MailSweeper server.

Sender:  Scott.Tanner@truequote.com
Date:  Tue, 5 Jun 2001 09:22:13 -0400
Subject:  FW: True Quote Login Information
Attachment Type: Scenarios/Incoming/Inbound EXE Catcher: A filename matching the file mask was detected: 'tq_tutorial.exe'.
Scenarios/Incoming/Inbound DOC Catcher: A filename matching the file mask was detected: 'truequote users guide 5-29.doc'.

If the intended email is of valid business-related content and you believe it requires Enron resources to retrieve it, you may call your Help Desk and ask to have it released from quarantine and delivered to your e-mail Inbox. Your message will be scanned and checked for viruses prior to requested release.  If it contains a virus or there is reason to suspect it is malicious code, it will not be delivered.

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Please DO NOT reply to this address as it is not a monitored system mailbox.


Shirley,

Please, set up a meeting with me, Nelson and Vasant.

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 05/02/2001
09:23 AM ---------------------------
From: Shalesh Ganjoo@ENRON COMMUNICATIONS on 05/01/2001 10:48 AM
To: Vince J Kaminski/HOU/ECT@ECT@ENRON
cc: Elsa Piekielniak/Corp/Enron@Enron
Subject: Re: Trading Ag Prods.

Vince,

Just wanted to let you know that I have done some preliminary, high level,
research into this commodity and would be glad to share it.  Please let me
know if you would be interested in it.  Thank you.

Shalesh Ganjoo

	Vince J Kaminski@ECT
	05/01/01 10:20 AM

		 To: Shalesh Ganjoo/Enron Communications@ENRON COMMUNICATIONS@ENRON
		 cc: Elsa Piekielniak/Corp/Enron@Enron
		 Subject: Re: Trading Ag Prods.

Shalesh,

A good idea.  I shall forward it to the AG traders.

Vince

From: Shalesh Ganjoo@ENRON COMMUNICATIONS on 05/01/2001 10:12 AM
To: Nelson Neale/NA/Enron@ENRON
cc: Vince J Kaminski/HOU/ECT@ECT
Subject: Trading Ag Prods.

Nelson,

I know you are focusing on agricultural products for trading, so I just
wanted to know if we are looking at Wool.  I know that it's traded in
Australia and New Zealand, so we might be able to look into it as well.
Please let me know.  Thank you.

Shalesh Ganjoo


---------------------- Forwarded by Kori Loibl/HOU/ECT on 09/21/2000 04:01 PM
---------------------------
   Alicia Perkins                09/21/2000 03:14 PM

To: Chris Jantz/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jennifer
Reside/HOU/ECT@ECT, Kori Loibl/HOU/ECT@ECT, Michael Kolman/HOU/ECT@ECT, Purvi
Patel/HOU/ECT@ECT, Erika44@ufl.edu, gatorda@aol.com, huge4ever@aol.com
cc:
Subject: Air Plane Safety Procedues

This is what I tried to send lase time.
I think its pretty funny.


Greetings:

Are we supposed to do the reading and the Oracle and Legal Services cases for
Thursday?  Syllabus says yes, but I gather from Tasker's Izio not that we'll
be in the computer center all class doing modeling.  (I'd email her, but she
doesn't get my emails apparently.)  Anyone have a clue?

Best,
Jeff


i'm not.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Tuesday, November 27, 2001 9:36 AM
To:	Nelson, Michelle
Subject:	RE:

just kidding

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Tuesday, November 27, 2001 9:33 AM
To:	Maggi, Mike
Subject:	RE:

you might not need to tell me that.  i am about to do it on my own.  :)  and that's not very nice anyway

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Tuesday, November 27, 2001 9:33 AM
To:	Nelson, Michelle
Subject:	RE:

what if i say jump

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Tuesday, November 27, 2001 9:32 AM
To:	Maggi, Mike
Subject:	RE:

i always give you your way.  you say drive i drive.  there is something wrong with this picture!  I AM COLD!!!

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Tuesday, November 27, 2001 9:30 AM
To:	Nelson, Michelle
Subject:	RE:

what do you mean again, theres a first time for everything


Congratulations, I can tell you are very excited about this.  Speaking of
digging, on Thursday, they had a crew in our neighborhood digging to lay
fiber-optic cable,  they hit a sewer line and then the gas line and blew up 2
houses.  I walked over there yesterday,  one house is completely gone, the
house next door is only half there and the houses across the street are all
boarded up because they blew the windows out of it.  Such excitement.  Thank
God no one was killed.


Hello, Enron.


PUC Member Brownell Named to FERC

A.P. INDEXES: TOP STORIES | NEWS | SPORTS | BUSINESS | TECHNOLOGY |
ENTERTAINMENT

By THE ASSOCIATED PRESS

Filed at 5:52 p.m. ET
WASHINGTON (AP) -- President Bush nominated Pennsylvania Public Utility
Commissioner Nora Mead Brownell to the Federal Energy Regulatory Commission on
Tuesday.
Brownell, a member of the state panel since 1997, would serve on the federal
commission through 2006 if confirmed by the Senate.
The five-member Federal Energy Regulatory Commission regulates wholesale power
markets and interstate natural gas pipelines.
During her time on the state commission, Brownell helped oversee
Pennsylvania's electricity deregulation, which has been praised as a national
model.
She has supported research into renewable sources of energy and was
instrumental in having the commission create a $21 million fund to be used for
investment in clean energy projects including wind, solar and biogas ventures.
The 53-year-old native of Erie, Pa., previously served as executive director
of the Regional Performing Arts Center in Philadelphia and was a senior vice
president of Meridian Bancorp Inc. She attended Syracuse University.


Resume attached per my voice mail to you.  This guy is currently at Compaq, but wants to do something else.  Any interest?  As I said in my voice mail, I will be glad to call my friend Dave Schempf to get more info on this guy if you would like.  --Sally
---------------------- Forwarded by Sally Beck/HOU/ECT on 04/02/2001 05:43 PM ---------------------------

"Moses, Mathew" <Mathew.Moses@COMPAQ.com> on 04/02/2001 02:01:51 AM
To:	Sally.beck@enron.com
cc:
Subject:	Trading position

Dear Sally,

Thank you for agreeing to review my resume and qualifications for a position
at Enron.  Your company has a fine reputation for innovation and growth.
I will call you Tuesday afternoon concerning any questions we both may have
and to arrange an interview if we deem it is appropriate at that time.
I appreciate you consideration and look forward to meeting you.

Sincerely,
Matt Moses
(936) 273-3732 Home
(281) 518-3036 Work

 <<Sally_Beck Cover Letter.doc>>  <<MMoses_trader.doc>>

 - Sally_Beck Cover Letter.doc
 - MMoses_trader.doc


I found out that this was written in the 70's  during the Vietnam War.  Could certainly apply today.
A question.  I have tried sending you emails  but they always come back.  The address that I have for you is the same so  what's up?  :o)
Blessings on your day!  Karyn <><  karyn@dewittec.net
----- Original Message -----
From:  White, Stacey W.
To: Reeves, Leslie  ; Stevens,  Martha  ; Brad McDonald (E-mail)  ; Bridget  Hennessey (E-mail)  ; Charla & Bobby Jones (E-mail)  ; Chris C Albrecht (E-mail)  ; Chelsea N  Walker (E-mail)  ; Christopher J.  Herbold (E-mail)  ; Deanna Harris (E-mail)  ; Jane E Champion (E-mail)  ;  Jeff C  Harris (E-mail)  ; Jeffrey J. Schroeder  (E-mail)  ; Jennie & Jake Aubert (E-mail)  ; Jennifer Melton  (E-mail)  ; Jennifer Staton (E-mail)  ;  Jill Vogelfang  (E-mail)  ; Jon Butler (E-mail)  ; Julie Storey  (E-mail)  ; Karyn Elder (E-mail)  ; Karyn White  (E-mail)  ; Kathy Stegall (E-mail)  ; Kelly & Kevin Kampe  (E-mail)  ; Kimberly Elder Roberts (E-mail)  ; Kim  Duren Sachtleben (Business Fax)  ; Kristi & Jeff Stegall (E-mail)  ; Kristi L. Bishop (E-mail)   ; Mandy McCourt Hurt (E-mail)  ; Marty Angermiller (E-mail)   ; Michelle Procell  (E-mail)  ; Russell T White (E-mail)  ;  Stayton & Mildred Weldon  (E-mail)  ; Susanne Stiles Wheat (E-mail)  ; Travis C Droupy (E-mail)  ; Tuija Walsh  (E-mail)  ; Chang, Fran  ; Dunton,  Heather  ; Law, Samantha  ; Postlethwaite, John  ; Warner, Nicholas
Sent: Thursday, September 13, 2001 11:24  AM
Subject: FW: Combined Infol - please pass  on
I  typically do not send chain e-mails, but the editorial below from a Canadian  gave me goose bumps numerous times and made me extremely proud to be an  American.

Stacey
-----Original Message-----
From: Vinson, Donald Wayne
Sent: Thursday, September 13, 2001 10:53 AM
To: Carter,  Tim; Chapman, Tom; Chen, Hai; Dahlke, Andrea; Estrada, Israel; Evans, Casey;  Franklin, Warrick; Lewis, Jon Paul; Mattox, Michael; White, Stacey  W.
Subject: FW: Combined Infol - please pass on

-----Original Message-----
From: Schlesinger, Judith
Sent: Thursday, September 13, 2001 10:19 AM
To: Vinson,  Donald Wayne
Subject: FW: Combined Infol - please pass  on

-----Original Message-----
From: Jennifer Marshall  [mailto:jennifer@ceimail.com]
Sent: Thursday, September 13, 2001  10:10 AM
To: Will Maack; VICTORIAR; Veronica; Traci Rasmussen; Tom  Dunn; toad hoover; TheTravelTree@aol.com ; Tammy McLain;  Stephanie Snell Beville; Stef !!; Walker, Stacy; soilfarm@mail.ev1.net ; Smashtray;  Scotty Trahan; Schlesinger, Judith; sarthur@indigopool.com ; Sandy; RandalPrice@aol.com ; Peggy Martin;P  atricia Biedka; Pamel & Bubba Schmidt; Nancy Carey; Michelle Sharp;  Michelle & Brian Dunwell; Melissa Ashburn; Marty; martha_lallie; mariella  Borza; Marguerite Ryder; lsmith2@sial.com ; Loretta Runyan (E-mail);  Looooassssss; Linda 2; Lee Obrien; Laurie Bolderick; Kim Stewart; Katie  Fitzpatrick; KARYN; kari kelly; juliarose@hotmail . com (E-mail); Jpressman@att . net (E-mail); joel.shaw@weatherford.com ; Joan  Laughlin; Jerry Baiamonte; Jenny Wenzrel; Janet Moos; Jackie Vitulli; Holly  Guillaume; Handy Ann Provine; Greg Marshall; Glenn Gelder; Elizabeth Tucker;  Dr. Stan Zyblot; Douglas T. Lowry; Dick Hanson; Debbie Van Winkle; Dave  Tillman; Dave "Badboy" Mooney; DarrylM artin Vallot; Cynthia Foteh (E-mail);  Cutie Pie Angel Bunny; Courtney West; Christy Oelsen; Christine Garcia;  Charles Melton; Chad Stewart; Cathy @SPCA; Buddy Fojt; Bob Dad Fife; Beverly  Mc Conn; Bennie; Barry Wade; Amy Vanny-Fanny Hodges; Amy Dunn; Amy "Mother"  Bonnette; Alexandra Sanders; Adam Elvis Kliebert
Subject: Combined  Infol - please pass on
AT  6P.M. FRIDAY, THERE WILL BE A MOMENT OF SILENCE.  IT IS  ASKED THAT YOU PLEASE STOP WHAT YOUR DOING AND LIGHT A CANDLE IN MEMORY OF ALL  THAT HAVE PASSED.

Please pass  on!

TRIBUTE TO THE UNITED STATES
> >
> >  This, from a Canadian newspaper, it's worth sharing.
> > Widespread  but only partial news coverage was given
> > recently to a  remarkablee ditorial broadcast from
> > Toronto by Gordon Sinclair, a  Canadian television
> > Commentator. What follows is the full text of  his
> > trenchant remarks as printed in the Congressional
>  > Record:
> > America: The Good Neighbor.
> >
>  > "This Canadian thinks it is time to speak up for the
> >  Americans as the most generous and possibly the
> > least appreciated  people on all the earth. Germany,
> > Japan and, to a lesser extent,  Britain and Italy
> > were lifted out of the debris of war by  the
> >A mericans who poured in billions of dollars and
> >  forgave otherb illions in debts.
> >
> > None of these  countries is today paying even the
> > interest on its remaining  debts to the United
> > States. When France was in danger of  collapsing in
> > 1956, it was the Americans who propped it up,  and
> > their reward was to be insulted and swindled on the
>  > streets of Paris. I wast here. I saw it.
> >
> > When  earthquakes hit distant cities, it is the
> > United States that  hurries in to help. This spring,
> > 59 American communities were  flattened by tornadoes.
> > Nobody helped. The Marshall Plan and the  Truman
> > Policy pumped billions of dollars into discouraged
>  > countries. Now newspapers in those countries are
> > writing  about the decadent, war mongering Americans.
> >
> > I'd  like to see just one of those countries that is
> > gloating over the  erosion of the United States
> > dollar build its own airplane. Does  any other
> > country in the world have a plane to equal the
>  > Boeing Jumbo Jet, the Lockheed Tri-Star, or the
> > Douglas  DC10?
> >
> > If so, why don't they fly them? Why do all  the
> > International lines except Russia fly American
> >  Planes? Why does no other land on earth even
> > consider putting a  man or woman on the moon? You
> > talk about Japanese technocracy,  and you get radios.
> > You talk about German technocracy, and you  get
> > automobiles. You talk about American technocracy,
>  > and you find men on the moon - not once, but several
> > times -  and safely home again.
> >
> > You talk about scandals, and  the Americans put
> > theirs right in the store window for everybody  to
> > look at. Even their draft-dodgers are not pursued
> >  and hounded. They are here on our streets, and most
> > of them,  unless they are breaking Canadian laws, are
> > getting American  dollars from ma and pa at home to
> > spendh ere.
>  >
> > When the railways of France, Germany and India were
>  > breaking down through age, it was the Americans who
> > rebuilt  them. When the Pennsylvania Railroad and the
> > New York Central  went broke, nobody loaned them an
> > old caboose. Both are still  broke.
> >
> > I can name you 5000 times when theA mericans  raced
> > to the help of other people in trouble. Can you  name
> > me even one time when someone else raced to the
> >  Americans in trouble? I don't think there was
> > outside help even  during the San Francisco
> > earthquake.
> >
> >  Our neighbors have faced it alone, and I'm one
> > Canadian who is  damned tired of hearing them get
> > kicked around. They will come  out of this thing
> > with their flag high. And when they do, they  are
> > entitled to thumb their nose at the lands that are
>  > gloating over their present troubles. I hope Canada
> > is not  one of those."
> >
> > Stand proud, America! Wear it  proudly!!
> >
> > This is one of the best editorials that I  have ever
> > readr egarding the United States. It is nice  that
> > one man realizes it. I only wish that the rest of
>  > the world would realize it. We area lways blamed for
> >  everything, and never even get a thank you for the
> > things we  do.
> To show the terrorists that  we Americans  stick together, FRIDAY
> SEPTEMBER  14, is "Flags Across  America."
> > All Americans  are asked to display the American  flag  either in
> their homes or cars.
> > Let's keep the  meaning  of UNITED in "United States".
> > Pass it  on.

LET'S STAND BEHIND OUR COUNTRY AND DRESS IN OUR COLORS  TOMORROW.
in memory of all those who perished this morning; thep  assengers and the
pilots on the United Air and AA flights, the workers in  the World Trade
Center and the Pentagon, and all the innocent bystanders.  Our prayers go
out to the friends and families of the deceased. Send this  to at least 10
people to show your support. DON'T BREAK IT!!!!!!   God's speed to all those who
have lost their lives...GOD BLESS  AMERICA and the freedom it represents
tomorrow is US pride day, everyone  wear US colors (jeans areb lue,
everyone owns a white t-shirt, etc).   try to be wearing as much red white and
blue as you can.  send  this message to as many otherp eople you know.  Lets get
the whole  country into it.  At least send it to 10 other people.
Please forward this  message on to whomever I may have inadvertently missed.
**********************************************************************
This  e-mail is the property of Enron Corp. and/or its relevant affiliate and may  contain confidential and privileged material for the sole use of the intended  recipient (s). Any review, use, distribution or disclosure by others is  strictly prohibited. If you are not the intended recipient (or authorized to  receive for the recipient), please contact the sender or reply to Enron Corp.  at enron.messaging.administration@enron.com and delete all copies of the  message. This e-mail (and any attachments hereto) are not intended to be an  offer (or an acceptance) and do not create or evidence a binding and  enforceable contract between Enron Corp. (or any of its affiliates) and the  intended recipient or any other party, and may not be relied on by anyone as  the basis of a contract by estoppel or otherwise. Thank you.
**********************************************************************


Scott - Please distribute to the Enron side.

(See attached file: PROJECT TIMBER - Term Sheet MTBE.doc)(See attached
file: PROJECT TIMBER - Mt Belvieu.doc)

Dana R. Gibbs
713-993-5288
 - PROJECT TIMBER - Term Sheet MTBE.doc
 - PROJECT TIMBER - Mt Belvieu.doc


Hello,
Just checking to see if things are progressing as scheduled.
Thanks,
John

	From:  Vladimir Gorny                           07/31/2000 06:35 PM

To: John J Lavorato/Corp/Enron@Enron, Jeffrey A Shankman/HOU/ECT@ECT, John
Arnold/HOU/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT, Frank
Hayden/Corp/Enron@Enron, Stephen Stock/HOU/ECT@ECT
cc:
Subject: Forward-forward Vol Implementation Plan

Plan of action for implementation of the VaR methodology change related to
forward-forward volatilities:

1. Finalize the methodology proposed (Research/Market Risk) - Done

2. Testing of the new methodology for the Natural Gas Desk in Excel (Market
Risk)  - Done

3. Get approval for the methodology change from Rick Buy (see draft of the
memo attached) - John Lavorato and John Sherriff - by 8/7/00

 - John Lavorato, any comments on the memo?
 - Would you like to run this by John Sherriff or should I do it?

4. Develop and implement the new methodology in a stage environment
(Research/IT) - by 8/14/00

5. Test the new methodology (Market Risk, Traders) - by 8/27/00

6. Migrate into production (Research/IT) - 8/28/00

Please let me know if this is reasonable and meets everyone's expectations.
Vlady.


Thanks

From: Tana Jones on 05/09/2000 01:55 PM
To: Trey Hardy/HOU/ECT@ect
cc:
Subject: Re: ECT Legal Consolidation Financials

The date our annual exemption expires in approval letter the NYMEX sends us
when they approve our exemptions.  Because we have so many commodities we are
applying for now, and the form is quite lengthy, it took the NYMEX quite a
while last year to approve our requests, which moved the date back to July 26
(last year our renewals were due the 1st week of July).  So we've got a lttle
more time to work on it.  I will probably start notifying the various group's
that provide information for the exemptions request sometime around the
middle or toward the end of May.

	Trey Hardy
	05/09/2000 01:43 PM

		 To: Tana Jones/HOU/ECT@ECT
		 cc: Darin Talley/Corp/Enron@ENRON
		 Subject: Re: ECT Legal Consolidation Financials

When I was looking at last year's data, I noticed that the due date on last
year's NYMEX financials was the end of June.  Did the due date get moved back
to July?  Please let me know as soon as possible.

Thanks

Trey Hardy

	Enron North America Corp.

	From:  Tana Jones                           03/14/2000 09:08 AM

To: Trey Hardy/HOU/ECT@ect
cc:
Subject: Re: ECT Legal Consolidation Financials

I am still the person who does the NYMEX filings.  They are due the end of
July, so we should probably target them to be done a little earlier, since we
always seem to need more time.


i am confused---i thought you guys are coming over friday evening for dinner


Ben,

As per a voicemail I left you today, one of the Enron Global Markets Teams
(Global Risk Markets) is awaiting the reversal of a check (to Goldman Sachs)
that was wired out instead.  Kortney Brown and Dana Davis had worked with you
and Lupy Spencer on this before.  Last anyone heard, it had made it to your
desk.

I was checking to see if that was the case and if there would be any
difficulty in voiding a legacy MSA check on the new SAP system.  Please let
me know what you find or if you need any further information.

Stephen


---------------------- Forwarded by Daren J Farmer/HOU/ECT on 07/27/2000
08:00 AM ---------------------------

"Glover, Rusty" <rglover@halff.com> on 07/26/2000 04:07:59 PM
To: "DAREN (E-mail)" <daren.j.farmer@enron.com>
cc:
Subject: FW: More Megan Pics

?
-----Original Message-----
From: Clay Carbaugh  [mailto:clay@ectisp.net]
Sent: Wednesday, July 26, 2000 11:29  AM
To: Wade Dinkins; Victor & debbie; Tonya & JAy; Tish &  Kenneth;
themcmeans@uswest.net; Teenagalva@aol.com; Stacy.S.Steen@Lowes.Com;  shirley
kubin; Glover, Rusty; rebecca & jeff; Lux Family; Kyle; Krysta  patterson;
Katherine; john agee; Doc Durbin; Debbie Holmelin; Dan & Mary;  Cynthia Aunt;
Brian & Wendy; Brenda & Scott Mitchell; Bill& Gay  Carbaugh; Audra & Ronnie;
Amy Cate
Subject: More Megan  Pics

Here are a couple more pics of the new  baby.
 - Megan4.jpg
 - Megan5.jpg


Yes we are


See attached


i forgot to call them yesterday.  i will try tonight.  i leave sat for n.o.
for the cruise.  i will be back the following sunday.


509402.  Can you see if this is the correct CP.  We don't have a contract
with them.  If it is correct, that's fine, just let me know.


Susan,

The legal name of the comapny is: Barcel M,xico, S.A. de C.V. and yes, this
company is one of the companies of Grupo Bimbo.
Let me know if you have another question,

Regards,

Agustin.

Susan M Scott@ECT
11/13/2000 02:59 PM
To: Agustin Perez/NA/Enron@ENRON
cc:

Subject: Deal # NW8903 (legs 5 & 6)

Agustin,

I am trying to confirm the counterparty on one of your deals so that it can
be properly assigned in TAGG.  The ticket for the deal in question reads
Barcel Mexico.  However, I spoke recently with Beatrice Reyna who informed me
that you believed the counterparty to be one of the Bimbo companies.  If you
wouldn't mind looking into this and getting back to me with the correct
counterparty name it would be much appreciated.

Thanks,
Susan

Deal Parameters - Costless Collar

Deal Date:       8/24/00
Delivery Point:  Avg (IF-TETCO/STX and PGE)
Time Frame:  9/01/00 - 02/28/2001
Volume:  38,000 MMBTU/month
ENA Sells:  $5.20 Call
ENA Buys:  $4.00 Put


I guess this means "back to the drawing board".  Weijun has decided not to
interview.

Lance
---------------------- Forwarded by Lance Cunningham/NA/Enron on 04/18/2001
09:40 AM ---------------------------

"Ji, Weijun" <Weijun.Ji@austinenergy.com> on 04/18/2001 08:06:44 AM
To: "'Lance.Cunningham@enron.com'" <Lance.Cunningham@enron.com>
cc:

Subject: Please call me

Dear Lance,

Thank you very much for all of your help through this process.

At present, I am really tied up with Mock Market activities in Austin
Energy. It would be inappropriate for me to leave at this time since the
whole project will be jeopardized. Therefore, I decided not coming to
Houston for an interview.  I sincerely apologize for any inconvenience this
may cause you.

I do appreciate what you did and hope we can keep in touch in the future.

Thank you again for your help and wish you best.

Sincerely,

Weijun Ji


Another update to slide 8.

Thanks,

Sharon


-----Original Message-----
From: Starwood Preferred Guest [mailto:Starwood@spg.0mm.com]
Sent: Monday, October 22, 2001 9:12 AM
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Subject: Earn 1,000 bonus Starpoints each night.

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to change without notice. Starwood Hotels & Resorts is not
responsible for typographical errors. For a complete list of
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If you would like to receive future promotional e-mails in HTML
format when available, click the link below:
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Here are the final (dare I say it!) Credit GTCs reflecting recent final
comments

Without collateral

With collateral


Hi Robin,

Here they are.

Brian.  : )


Jorge:

The Bank of Montreal ("BMO") master agreement provides for Market Quotation
in the event of early termination for non-commodity based products. BMO
prepared the letter to document our agreement to a different valuation
methodology for the terminated transaction.  Please execute the letter.

P.S.  Do know the difference between Market Quotation and Loss?

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

	Jorge A Garcia@ENRON
	02/09/2001 04:22 PM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc: Laurel Adams/HOU/ECT@ECT
		 Subject: Bank of Montreal- Early Termination Letter

Good Afternoon Sara,

I wanted to document our discussion this afternoon regarding the Early
Termination Letter for our Deal No. M368796 that settled on 2/2/01, with the
Bank of Montreal. You stated that the Master ISDA Agreement states that the
valuation method for early termination should be the process of obtaining
Market Quotations from Reference Market Makers. This Early Termination Letter
reflects that BMO determined the value through its ordinary valuation methods
instead. This was agreed upon by, the trader, Ellen Su. Therefore, you
provided your approval for us to execute this letter. Please respond with
your agreement for our files.

Many Thanks,

Jorge A. Garcia
Manager- Risk Management
Enron Global Markets LLC
713/853-5596


Carie Robert (pronounced Robear) X33522 does floor tours for visitors

---------------------- Forwarded by Hunter S Shively/HOU/ECT on 01/25/2001
01:26 PM ---------------------------
From: Cary M Carrabine@ENRON on 01/24/2001 11:11 AM
To: Gregg Penman/Corp/Enron@Enron@ECT, Hunter S Shively/HOU/ECT@ECT
cc:
Subject: T J Aruffo in Houston

FYI.   We need to get back to Doug as soon as possible.  This should be a
good
opportunity to meet his new boss.

----- Forwarded by Cary M Carrabine/Corp/Enron on 01/24/2001 10:51 AM -----

	"Walker, R. Douglas" <rdwalker@nisource.com>
	01/24/2001 09:06 AM

		 To: "Cary Carrabine (E-mail)" <ccarrab@ect.enron.com>
		 cc:
		 Subject: T J Aruffo in Houston

As we discussed, my new boss, TJ Aruffo is interested in a tour of Enron's
Houston Trade Floor.  He is available the morning of the 1st.  He is flying
out of Intercontinental at 2:45 PM.  As far as I know he will be travelling
alone.  He  has not requested my presence yet.

The purpose of his visit is to see first-hand a world-class energy trade
floor and to begin networking with key industry personnel.  He is new to
this side of the business.  His previous role was NiSource CIO; so he comes
into his new position with a systems and process oriented view.   His
responsibilities at NiSource encompass the regulated gas supply management
and gas control operations of eight of NiSource's gas utilities (two are
primarily managed by EnergyUSA-TPC - NIFL and Kokomo).  He is responsible
for Bay State (and Northern Utilities), NIPSCO, and the Columbia
Distribution Companies (five LDC's).  We are currently fragmented in
Massachusetts, Columbus and Indiana and are in the process of evaluating how
to bring this together, functionally, locationally, or not at all.  TJ
reports to Pat Mulchay, who is President of the Merchant Energy Division.
Pat reports directly to Gary Neale, our CEO.

TJ's previous background includes a stint at Fidelity Investments, so a
trade floor is not new to him.

Please confirm Enron's address and if you don't mind, recommend a hotel that
is convenient.  Let me know who will be meeting TJ then we can  turn the
details of finalizing the arrangements over to TJ and your designee.  Thanks
for your help.

 - C.DTF


Nancy - #4870

> -----Original Message-----
> From: Nancy Light
> Sent: Monday, December 06, 1999 6:18 PM
> To: #  All Robert Mondavi
> Subject: Two RM Wines in the Spectator Top 10!
>
>
> The Wine Spectator has just published it's annual list of  Top 100 wines
and Robert Mondavi has two wines in the Top 10 and three in the Top 100!
Selection for this honor by the magazine's board of editors is based on
overall quality (score),  availability, price and excitement.
>
> Ranked # 2  Opus One 1996
>
> Ranked #9 Robert Mondavi Winery Cabernet Sauvignon Reserve 1996
>
> Also part of the top 100 is Byron Chardonnay Santa Maria Valley 1997 which
ranked #83.
>
> Following is the complete top 10:
>
> Rank Score Price Wine
> 1 95 $ 28 Chateau St. Jean Cabernet Sauvignon Sonoma County Cinq Cepages
1996
> 2  96 $125 Opus One Napa Valley 1996
> 3 96 $ 38 Isole e Olena Toscana Cepparello 1997
> 4 95 $ 45 Kistler Chardonnay Sonoma Valley Durell Vineyard 1996
> 5 96 $ 55 Peter Michaels Les Pavots Knights Valley 1996
> 6 96 $ 50 Pahlmeyer Chardonnay Napa Valley 1997
> 7 97 $ 60 Barossa Valley Estate Shiraz Barossa Valley E&E Black Pepper 1996
> 8 95 $ 71 Chateau Montrose St. Estephe 1996
> 9 95 $100 Robert Mondavi Cabernet Sauvignon Napa Valley Reserve 1996
> 10 95 $ 75 Chateau Cos-d'Estournel St. Estephe 1996
>
> Congratulations to the fabulous winemaking teams at Robert Mondavi Winery,
Opus One and Byron Vineyard and Winery.


Sheila Tweed, the lawyer for this turbine product, has approved all of the counterparties on the attached list to trade this product, EXCEPT The City of Tacoma, Dept. of Public Utilities.  Let me know if you need anything further from me.
 -----Original Message-----
From: 	Meredith, Kevin
Sent:	Thursday, September 20, 2001 3:58 PM
To:	Jones, Tana; Lambert, Karen
Subject:	FW: CGT Option Credit Access List

The attached document is a list of counterparties that must be reviewed and approved by 2:00PM Friday.  All counterparties will have "read" access to the product, which is a Physical Turbine option, and the following list will have execute access.  Please contact me at 3-9555 or Karen O'Day at 5-4135 if you have questions.

Kevin

 -----Original Message-----
From: 	Thome, Stephen
Sent:	Thursday, September 20, 2001 3:05 PM
To:	Meredith, Kevin; Puthigai, Savita; Bradford, William S.
Subject:	CGT Option Credit Access List

Here is a list of 24 customers who are likely purchasers of the CGT option product.  It really doesn't matter if all of them get access, as long as the whole of EOL can see the product.  Credit can pick from amongst number of these counterparties for initial access.


i don't get it


-----Original Message-----
From: Crenshaw, Shirley
Sent: Tuesday, December 04, 2001 10:08 AM
To: Barbara Taylor (E-mail); Carol Fuentes (E-mail); Irene Yoars (E-mail); Jenifer & John McIntyre (E-mail); Jimmy Gordon (E-mail); Kathy Crenshaw (E-mail); Kelly Summers1 (E-mail); Moore, Kevin G.; Cunningham, Lance; Linda Kolander (E-mail); Marstrand, Pamela; Pat Arnold (E-mail); Veronica Kubeczka (E-mail); Kaminski, Vince J; Virginia & Harold Melville (E-mail); Smith, William
Subject: Latest USMC Bumper Sticker

This is great!

"IT'S GOD'S RESPONSIBILITY TO FORGIVE BIN LADEN... IT'S OUR
RESPONSIBILITY TO ARRANGE THE MEETING!!!"

 - United States Marines


Start Date: 5/1/01; HourAhead hour: 14;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

ERROR: File O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001050114.txt is empty.
PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001050114.txt

---- Energy Import/Export Schedule ----
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 5/1/01
  TIE_POINT: FCORNR_5_PSUEDO
  INTERCHG_ID: EPMI_CISO_PV
  ENGY_TYPE: NFRM


This is the memo that Sam sent back to Enron with a few revisions to my draft
procedures.  We are currently
 reviewing these changes and will discuss them during our conference call.

Ruth
---------------------- Forwarded by Ruth Concannon/HOU/ECT on 11/28/2000
06:37 AM ---------------------------

"Lee, Sam" <slee@Sithe.com> on 09/28/2000 01:12:19 PM
To: "'Ruth.Concannon@enron.com'" <Ruth.Concannon@enron.com>,
"'mroserberg@sithe.com'" <mroserberg@sithe.com>, "Oliver, Jason"
<joliver@Sithe.com>, "Hughes, Bill" <bhughes@Sithe.com>, "Fernandez, Bill"
<bfernandez@Sithe.com>, "Messina, Larry" <lmessina@Sithe.com>, "Lee, Sam"
<slee@Sithe.com>, "Maher, Janine" <jmaher@Sithe.com>, "Scherfling, Bob"
<bscherfling@Sithe.com>, "Grady, Mike" <mgrady@Sithe.com>
cc: "'Jeff.Donahue@enron.com'" <Jeff.Donahue@enron.com>,
Todd.Busby@enron.com, "Lee, Sam" <slee@Sithe.com>
Subject: Revised Procedures

Please see the revised procedures below:

 <<Sithe Empire Deal Procedures2.doc>>

 - Sithe Empire Deal Procedures2.doc


In the same Decision that the CPUC is considering voting out on suspending
Direct Access, the CPUC is considering a SoCal Edison recommendation to
suspend further payment of the Negative CTC to marketers.

The Decision would find that the earlier Stipulation does not require SCE to
make a cash payment in lieu of a bill credit (even though SCE has already
paid cash in previous periods for the Negative CTC).
The Decision orders SCE to not make cash payments to satisfy the Negative CTC
credit.
The Decision is unclear as to whether or not this is simply a suspension of
payment or would be permanent.
The Decision would apply the same findings and rulings to PG&E and SDG&E.

The key issue is that rather than having a cash receivable, EES would now
have a bill credit receivable.  In addition, because EES re-sourced its
customers, the Utility account that holds the bill credit is EES, not the
customer account.  The only method to obtain the economic value of the bill
credit is to utilize the Utilities' services.  Even if EES physically serves
the customers going forward, it may not be the same account that has the bill
credit.

The outcome of this case would impact our current Complaint, but it is
unclear exactly how the CPUC would apply this Decision to that case.

We are intending to (a) try to remove this issue from the CPUC Decision, (b)
trying to clarify the suspension is not meant as a vehicle to deny us
payment, and (c) trying to determine that the Utilities' tariff would allow
us to be paid if our account became "inactive".

One other option to consider (at least for SCE) would be to contact SCE
management to work out a bill credit application process to allow EES to
route the economic value to our DA customers.

If anyone has any questions, please call me to discuss.

Jim


I was in Austin for most of the weekend.  A friend of mine was supposed to have a boat party on Lake Travis Friday night, but that was cancelled due to the rain.  We just went out on 4th Street instead.  Went to the game Sat. night.  We won so that was good.  How was the girls road trip?

-----Original Message-----
From: Guerrero, Janel
Sent: Tuesday, September 04, 2001 5:10 PM
To: Nemec, Gerald
Subject: Austin

Hi.  I just wanted to let you know that the conference I was going to attend in Austin next week was cancelled and the organizers of the conference are now defunct.  Oh well.....I think I'll pass on going to Austin for the game.  I need a weekend at home to myself after SC and the Vegas/Grand Canyon adventure.

Did you enjoy the long weekend?


Wednesday, April 25 at 10 a.m. Houston time, join Sherri Sera, executive
assistant to Jeff Skilling, on eSpeak.  Sherri will answer questions about
how her job has changed since Jeff became CEO.

If you can't make the live event, post your questions on eSpeak now.  Sherri
will answer them during her eSpeak, and you can find the answers in the
transcript later.

Have you been wondering what happened to the information about Enron's
severance pay policy?   Would you like to see an innovation suggestion for
the Saturn's ring that will connect the two Enron buildings?  Read the new
postings in the "Office of the Chairman" category in eMeet.

Thanks for the great response to the new "Cost Reduction" category in the
Idea Vault!  Visit the ThinkBank today and read the suggestions for cutting
costs; and, while you're there, add your own.


Attached is an updated senior management org chart with admins. names,
phone/fax numbers and mail codes.  If you have any questions, please feel
free to call.

Thanks,
Sandy

-----Original Message-----
From: Rohde, Lisa
Sent: Wednesday, March 22, 2000 9:18 AM
To: HOU CEOSec
Subject: CEO Org Chart

 <<cap org0301assts.ppt>>

Lisa Rohde
Executive Assistant
Office of Michael Capellas, President & CEO
Compaq Computer Corporation
281-514-1297 (phone)
281-518-9882 (fax)
lisa.rohde@compaq.com <mailto:lisa.rohde@compaq.com>

 - cap org0301assts.ppt


---------------------- Forwarded by Maureen McVicker/NA/Enron on 08/21/2000
11:43 AM ---------------------------

"Elizabeth A. VanDersarl" <liz@luntz.com> on 08/21/2000 09:19:26 AM
To: "'skean@enron.com'" <skean@enron.com>
cc:

Subject: RE: Luntz Focus Groups (4 of 4)

Attached please find a sheet of pro and con statements.

 <<Statements.doc>>

 - Statements.doc


Start Date: 1/12/02; HourAhead hour: 10;  HourAhead schedule download failed. Manual intervention required.


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 03/09/2000
09:58 PM ---------------------------

Lenos Trigeorgis <lenos@ucy.ac.cy> on 02/09/2000 03:29:59 PM
To: lenos@rogroup.com
cc: amicaliz@sda.uni-bocconi.it
Subject: NY March Real Options Conference

Please find attached the final program for an exciting conference on "REAL
OPTIONS VALUATION IN THE NEW ECONOMY: Internet/E-commerce,
R&D/Pharmaceuticals, Energy." The conference, organised in New York City
March 13-15 by the Real Options Group and co-sponsored by Ernst & Young
LLP, is addressed to a corporate audience.

The chairman of the conference is Prof. Michael J. Brennan of UCLA who will
deliver the opening address, and the keynote speaker is Prof. Stewart C.
Myers of MIT.  Many of the world/s thought leaders in real options
analysis, along with prominent experts from many leading corporations will
also share their ideas and experiences.

Please note that the deadline for hotel registration is February 21 (see
the attached brochure for hotel details) and conference fees increase by
20% for those registering after March 1. The (full) conference brochure and
on-line conference registration are available at our website www.rogroup.com

We hope that you will be able to participate and would appreciate it if you
could also communicate this announcement among other interested colleagues.

In fact, it would be most helpful to us and would be greatly appreciated, if
you could send me (also cc. to amicaliz@sda.uni-bocconi.it) a list of 5-10
colleagues to whom we can send the electronic version of the brochure.

Best wishes,

Lenos Trigeorgis
President, Real Options Group

 - ROGNYConference.pdf

Lenos Trigeorgis
Professor of Finance
University of Cyprus
Dept of Business
75 Kallipoleos, PO Box 20537
CY 1678 Nicosia CYPRUS

Tel: +357 2 892261
Fax:        339063


I've modified these deals to read as follows:

572069
West Services buys from APX
NP-15
On Peak - 12 MW @ $245 for flow 4/6-4/7
Off Peak - 12 MW @ $150 for flow 4/7
TOTAL MWH = 480

576468
West Services buys from APX
NP-15
Off Peak - 12 MW @ $140 for flow 4/6
TOTAL MWH = 96

Please let me know if this is correct. (I hope!) And don't hesitate to call
me with questions or other deal corrections. I will be running between two
different desks today, so if you can't reach me at my regular extension
(503-464-7486), I can be reached at 503-464-3823.

Thanks,
Kate

	From:  Chris H Foster                           04/10/2001 07:52 AM

To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Deal #576468.1 & 572069.1 (4/6/2001 & 4/7/2001)

Kate:

Can you please modify that deal that you made the price $140 yesterday to
make it for the 6th only?  The 7th is all at $150.

Thanks

C
---------------------- Forwarded by Chris H Foster/HOU/ECT on 04/10/2001
09:58 AM ---------------------------

Audrey Cook
04/10/2001 07:51 AM
To: Chris H Foster/HOU/ECT@ECT
cc:
Subject: Deal #576468.1 & 572069.1 (4/6/2001 & 4/7/2001)

Chris,
Good morning!  Hey, one thing I probably did not clarify to you yesterday on
was that when the new deal ticket was set up for the $140 price strip (Deal
#576468.1), the deal should only be in for (4/6/2001) according to APX's
statement (not including 4/7/2001).  Therefore, the entire offpeak for your
deal would be booked on Deal #572069.1 for the $150 price for 4/7/2001.  Let
me know if you have any questions.  Thanks.
ajc

---------------------- Forwarded by Audrey Cook/HOU/ECT on 04/10/2001 09:44
AM ---------------------------

Audrey Cook
04/06/2001 01:27 PM
To: Chris H Foster/HOU/ECT@ECT
cc:
Subject: APX - 4/6/2001

Chris,
One more quick thing on 4/6/2001- APX is showing 2 different prices for
offpeak ($140 & $150 - different MW per strip).  EPMI is showing $150 @ 12/MW
per offpeak hours.  This difference amounts to a $144 difference (APX has
lower invoice).  Can you verify?  Everything else is fine....talk to you next
week.  Have a good weekend.
ajc


---------------------- Forwarded by Sherri Sera/Corp/Enron on 10/27/2000
02:45 PM ---------------------------

	Enron Global Finance

	From:  Bridget Maronge @ ECT                           10/27/2000 02:11 PM

To: Sherri Sera/Corp/Enron@ENRON
cc:

Subject: EGF Org Chart


Please let me know if there are any issues on financial transactions with
Virginia Electric & Power Company.  Thanks,      Ed Sacks


I have some appointments outside the office this afternoon and will need to
leave early today.


Mr. Kohler:

Michael Law has asked us to finalize execution copies of the Master Agreement between Enron Canada Corp. and Albchem, Industries Ltd.  In order to complete the documentation, we will need the following information:

1.	Exhibit A - Notice -- please provide me with the name and fax number for the individual or group who should receive notices under the Master Agreement.

2.	Page 2 of the Enron Corp. Guaranty - please provide me with the name and fax number for the individual or group who should receive notices under the guaranty.

Once I have this information, I will finalize execution copies of the documents and forward them to our office in Calgary for execution.  In addition, I will request the original Enron Corp. guaranty and related certificates.

Thank you for your assistance and, should you have any questions, please do not hesitate to contact me.

Marie Heard
Senior Legal Specialist
Enron North America Corp.
Phone:  (713) 853-3907
Fax:  (713) 646-3490
marie.heard@enron.com


Dear Sir or Madam,

The FEDERALISM PROJECT at the American Enterprise Institute cordially invites you to attend this upcoming event.
Your RSVP is required by June 15th (acceptances only); please email kkosman@aei.org or phone (202) 862-4883.

Free Trade vs. States' Rights:
Globalization and the Challenge to Local Democratic Government

Tuesday, 26 June 2001, 12:00 p.m.

Wohlstetter Conference Center, Twelfth Floor, AEI, 1150 Seventeenth Street, N.W., Washington, D.C. 20036

Even as America is experiencing a revival of states' rights, globalization has begun to strain domestic federalism arrangements. State policymakers are finding their authority constrained by the rules of international trade organizations. At the same time, the states' increasingly active role in foreign policy is making it more difficult for the United States to project a single, coherent policy in the international arena. Are federalism and globalization headed for a collision? How should we reconcile the conflicting values of economic efficiency, state autonomy, and democratic governance? How should states respond to the challenges of globalization? What role should the federal government play in ensuring that international organizations (such as the WTO) and global capitalism do not undermine state autonomy? Mark Gordon - whose paper "Democracy's New Challenge: Globalization, Governance, and the Future of American Federalism" will soon be released by Demos - will be joined in the discussion by Michael Greve and two distinguished guest panelists.
__________________________________________________________________

EVENT SCHEDULE  (Noon to 2:00 p.m.)

Luncheon

Introduction
MICHAEL S. GREVE, Director, Federalism Project

Panelists
MARK C. GORDON, Associate Professor, Columbia University; Adjunct Fellow, Demos
THE HONORABLE DAVID L. AARON, Senior International Advisor, Dorsey & Whitney LLP
EARL H. FRY, Professor, Brigham Young University

Question & Answer Period
__________________________________________________________________

Kim Kosman
Federalism Project
www.federalismproject.org
(p) 202 862 4883
(f) 202 862 7178


Vince:

I have rewritten the paragragh for chapter 3.  Please read and return your
comments.

Thanks,
Grant.
---------------------- Forwarded by Grant Masson/HOU/ECT on 02/16/2000 02:48
PM ---------------------------

Chris Strickland <chris_strickland@compuserve.com> on 02/15/2000 05:28:42 AM
To: Grant Masson@ECT, vkamins@ect
cc:
Subject: Energy Book

Hi Grant,

Hope all is well with you. I trust you got my message via the voicemail
that Ileft with Vince late Friday afternoon about my inability to travel -
I'm trying to rearrange my trip for a couple of week's time when my ear has
cleared up, and I look forward to meeting with you one day.

I wrote to Vince last week asking for a favour, but I'm not sure ifhe is
there in Houston. I know that you guys are probably very busy but I was
wondering if you can write a few sentences for me. I'm sending out some
sample chapters to the people who responded positively (all of them!) to my
request for some feedback on the book. Chapter 1 has an 'overview' of the
book with just a couple of sentences on each chapter. Could you please
write a sentence or two for your chapter?

I'm including what I have already written (although I think it has changed
slightly from this version) so that you can see the style.

Many thanks and best regards.

Chris.

2 Overview of this Book

This book aims to provide an in-depth understanding of the pricing and risk
management of energy derivatives.  In the remainder of this chapter we give
an overview of the fundamental principals needed to model and price energy
assets, and which underlie the rest of the book.  As well as introducing
the techniques that underlie the Black-Scholes modelling framework we
discuss the numerical techniques of trinomial trees and Monte Carlo
simulation for derivative pricing which are used extensively later in the
book.

In Chapter 2 we analyse spot energy prices.  Apart from describing
empirical prices we propose a number of processes that can be used to model
the prices. We look at the well-know process of GBM as well as mean
reversion, stochastic volatility and jump processes, discussing each, and
showing how they can be simulated and their parameters estimated.

Chapter 3, written by Vince Kaminski, Grant Masson and Ronnie Chahal of
Enron Corporation, discusses volatility estimation in energy commodity
markets. This chapter builds on the previous one.  It examines in detail
the methods, merits and pitfalls of the volatility estimation process
assuming different pricing models introduced in chapter 2.  Examples
from crude, gas, and electricity markets are used to illustrate the
technical and interpretative aspects of calculating volatility.

Chapter 4 examines forward curves in the energy markets.  Although such
curves are well understood and straight forward in the world debt markets
the difficulty of storage in many energy markets leads to less well defined
curves.  What we do in this chapter

Chapter 5 presents an overview of the common and not-so-common derivative
structures in the energy markets and discusses their uses.  Examples of
products analysed in this chapter include a variety of swaps, caps, floors
and collars, as well as energy swaptions, compound options, Asian (or
average rate) options, Barriers, lookbacks, and ladder options.

Chapter 6 investigates single and multi-factor models of the energy spot
price and the pricing of some standard energy derivatives.  Closed form
solutions for forward prices, forward volatilities, and European option
prices are derived and presented for all the models in this chapter
including a three factor stochastic convenience yield and interest rate
model with jumps.

Chapter 7 shows how the prices of path dependent and American style options
can be evaluated for the models in chapter 6.  Simulation schemes are
developed for the evaluation of European style options and applied to a
variety of path dependent options.  In order to price options which
incorporate early exercise opportunities, a trinomial tree scheme is
developed.  This tree is built to be consistent with the observed forward
curve and can be used to price exotic as well as standard American style
options.

Chapter 8 develops a new methodology for valuing energy options based on
modelling the market observed forward curve.  The approach results in a
multi-factor model that is able to capture realistically the evolution of a
wide range of energy forward curves and where the user defined volatility
structures can be of an extremely general form.  Closed-form solutions are
developed for pricing standard European options and efficient Monte Carlo
schemes for exotic options.  The chapter finishes with a discussion of the
valuation of American style options.

Chapter 9 focuses on the risk management of energy derivative positions.
In this chapter we discuss the management of price risk for institutions
that sell options or other derivatives to a client and who is then faced
with the problem of managing the risk through time.  We begin with delta
hedging a portfolio containing derivatives and look at extensions to gamma
hedging - using the models from chapters 5 and 7.  The general model of
chapter 7 ideally suited to multi-factor hedging and this is also
discussed.

Chapter 10 looks at the key risk-management concept of Value at Risk
applied to portfolios containing energy derivative portfolios.  After
discussing the concept of the measure, we look at how the key inputs
(volatilities, covariances, correlations, etc) can be estimated.  We then
compare the fours major methodologies for computing VaR; Delta,
Delta-gamma, historical simulation and Monte-Carlo simulation.  Finally, we
look at testing the VaR estimates for various underlying energy market
variables.


I have revised the option form consistent (except where noted) with comments
sent by Herman and Lisa, and have attached a redline version.  Herman, I
dealt with your comment regarding the defn of Optionee by tinkering a little
with the 1st paragraph.  I also construed your comment regarding Enron's
right to terminate the option to NOT preclude termination if our counterparty
is in default.  Please confirm that this is acceptable.

Lisa, I did not change the notice info since the first entity will the the
project co, with ENA Legal receiving a copy.

Please advise if you have any comments.

Kay


Louise,

Please email this to my work email. For some reason probably my own
incompetence, I can't get the file to open after it is downloaded.

Cheers and welcome aboard!!

JC

john.costas@ubsw.com


I would try Tom Moran x33017.

-----Original Message-----
From: Greenberg, Mark
Sent: Wednesday, October 24, 2001 9:10 AM
To: Jones, Tana
Subject: FW: Assignment Draft

Tana -

I do have some issues with the attached docuement, but am more concerned about the move from APB Energy Inc. to an new LLC from a credit perspective.  Who is our contact in Credit on APB or BrokerClient?  Please let me know when you get a chance.

Thanks.

Mark

-----Original Message-----
From: Shults, Bob
Sent: Wednesday, October 24, 2001 9:03 AM
To: Greenberg, Mark
Cc: Jones, Tana
Subject: FW: Assignment Draft

Mark,

This new company was created for tax purposes.  Do you see any problem with the assignment.  The letter of credit will need to change.

-----Original Message-----
From: Chris S. Edmonds [mailto:chris.edmonds@truequote.com]
Sent: Wednesday, October 24, 2001 7:13 AM
To: Shults, Bob
Cc: Joe Wright (E-mail)
Subject: Assignment Draft

Bob:

Per our conversation yesterday, please find attached herewith the draft of
the Assignment.

Please let me know if you have any questions.

Best regards,
Chris


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October 15, 2001

Jurisdictional Disputes Intensify
As FERC Seeks to Extend Its Authority

By Will McNamara
Director, Electric Industry Analysis

  <http://secure.scientech.com/rci/wsimages/will100border_copy.jpg>

[News item from Dow Jones] The U.S. Federal Energy Regulatory Commission (FERC) kicks off a week of workshops today as part of its effort to reframe rules requiring utilities to turn control of their power-grid assets to independent management. The controversial effort to carve up the nation's electricity system under control of four or five regional transmission organizations (RTOs) is a top objective for FERC Chairman Pat Wood III. The workshops, dubbed "RTO Week," were called by FERC to garner what Wood calls "buy in" for the effort, which is encountering stiff opposition from some utilities, state regulators and members of Congress.

Analysis: The objective of this week's workshops may be to gain support from the industry for FERC's controversial mandate, but they are also having the effect of casting light on what is a growing debate over FERC's jurisdictional boundaries. The issue has become rather evenly divided. On one side, critics say that FERC has gone too far in its most recent RTO order, which as noted has become somewhat of a "cause c?l?bre" for new Chairman Wood. On the other hand, supporters say Wood has breathed new life into the commission and is taking an important step to ensure equal access for all power suppliers into the nation's transmission system. By Wood's own directive, the discrepancy over how far FERC can extend its regulatory oversight into what were previously considered state or utility matters is reaching a boiling point, as a Dec. 15 deadline that carries stiff penalties for resistant utilities is fast approaching.

Certainly, the arrival of Pat Wood as FERC chairman (after replacing Curt H?bert last month) has signaled a new era for the federal commission, which oversees much of the energy industry's wholesale market and the nation's power grid. As noted, Pat Wood has made the formation of RTOs one of his key objectives. Wood recently demonstrated that FERC would become much more interventionist when he declared a deadline of Dec. 15, by which time transmission-owning electric utilities across the country must submit plans to join an existing RTO in one of four large regional entities. Using what he has referred to as a "big stick," Wood warned that failing to comply with the Dec. 15 deadline would cost transmission-owning utilities their right to charge market-based rates for power and could delay any merger proceedings in which the utilities might become engaged.

This issue alone has drawn a line in the sand, but has also sparked an intense debate on the regulatory power that FERC should be given in the deregulating energy market. Standing up to lead the effort to put more constraints on FERC's authority are many state regulatory officials and congressional leaders, who view the commission as stepping into areas in which they traditionally have been the sole jurisdictional gatekeepers. State regulators, particularly from Southern states where electricity prices remain comparatively low, argue that that their system is working just fine the way it is. Such states want to retain their present regulatory oversight (rather than completely forfeit control of these assets over to FERC), and also believe that now is not the time to be making huge changes to the way in which the nation's transmission system is managed. Also in question is the extent to which regulatory conflicts may arise between state and federal commissioners if FERC is successful in mandating very large and broad RTOs that transcend state boundaries.

Southern Company is one utility that has refuted FERC's authority to force it to participate in an RTO. In its July order, FERC directed Southern Company (along with the Southwest Power Pool, Entergy Corp. and Grid South) to form a single RTO for the Southeast region, most likely adopting a structure modeled after Grid South. However, Southern Company already has sunk about $3 billion into its own 26,000-mile system, over which it wants to retain independent control.

FERC has said that the formation of regional RTOs will result in significant cost savings for customers because the barriers to competitively priced electricity will be removed and transmission costs will be reduced. However, Southern Company claims that the cost to establish a large regional RTO could run as high as $100 million, which could be passed on to customers in the form of higher rates. Southern also disagrees with FERC from a philosophical point of view and questions whether or not the commission's vision of four regional RTOs will truly make transmission activity more efficient. One of Southern's concerns is that the four regional RTOs could become too large and end up operating like monopolies. Ironically, the issue has caused dissension between Southern and its former subsidiary Mirant, which as an independent power producer seeks equal access to the transmission grid. While Southern disagrees with FERC's authority to force RTO participation, Mirant supports the federal government's efforts to streamline transmission activity.

Leaders of RTO West-the transmission entity in which FERC wants to include the transmission assets of states in the Northwest, Southwest and California-also question the value of a large regional entity and are resisting FERC's authority to mandate this structure. Leaders in the region have said that the formation of RTO West would result in substantially higher rates, considering that the Northwest transmission grid currently lacks the capacity to meet high demand in the area. In other words, although FERC may be endorsing market-based rates for those transmission-owning utilities that join RTOs, some transmission grids remain unstable and may not be ready for increased activity.

Nevertheless, along with Mirant stand fellow generating companies such as Dynegy and Enron, which have sunk billions into building merchant facilities and want to ensure that they have access to transmission systems. Hence, these companies agree with FERC's emphasis on RTO formations, as generation companies want to ensure that control of transmission facilities is moved from utilities to independent management companies.

In addition to the RTO issue, the bankruptcy proceedings of Pacific Gas & Electric Co. have also brought the issue of state versus federal jurisdictional authority to a head. The utility's parent PG&E Corp. is pursuing a "ring fencing" strategy in the restructuring related to the bankruptcy proceedings of Pacific Gas & Electric Co. Put simply, PG&E Corp. is trying to protect other valuable assets by transferring them into a new, federally regulated subsidiary. The restructuring plan has raised jurisdictional issues because the California Public Utility Commission, which presently regulates the utility operations of Pacific Gas & Electric Co., believes that it has the right to approve the transfer of assets into a new subsidiary. Further, the state government in California believes that PG&E Corp.'s plan would give too much regulatory control to FERC, and by the same token reduce the amount of control that California would have over generation assets that are presently contained in a regulated subsidiary.

The complicated issues surrounding how far FERC should be allowed to extend its regulatory authority are presently working their way through the federal legal system. In fact, last week the Supreme Court began hearing arguments from federal lawyers, state regulators and private industry, addressing not only FERC's authority to mandate RTOs but also the commission's 1996 order that required utilities to provide equal access to their transmission systems. Measures are also moving through Congress that would clarify the Federal Power Act to explicitly give FERC the authority to mandate participation in an RTO. At present, the commission had danced around the issue by calling for "voluntary" participation, yet still affixing stiff penalties for utilities that refuse to comply.

In addition, Rep. Joe Barton (R-Texas), chairman of the Energy and Air Quality Subcommittee, is reportedly working on a broad electric restructuring bill that he hopes to introduce during this congressional session (which could prove difficult as legislators want to close the current session by early November). Barton is a strong supporter of RTOs, and his draft bill reportedly would give FERC the ability to order RTO membership for public and private utilities that own power lines. At the same time, however, it is believed that Barton's draft bill would give utilities the option for an expedited federal court hearing if they disagree with FERC's order, which again would further temper the extent to which FERC has unrestricted authority on transmission issues.

Moreover, Congress and federal courtrooms may be the best venues for this debate over FERC's authority as disputes between state and federal regulatory oversight are sure to increase as thorny deregulation issues emerge. However, given FERC's deadline of Dec. 15 for RTO participation, the issue has gained a sense of urgency as big utilities such as Southern Company dig in their heels and rebuff the federal commission's mandate.

An archive list of previous IssueAlerts is available at
www.scientech.com <http://secure.scientech.com/issuealert/>

We encourage our readers to contact us with their comments. We look forward to hearing from you. Nancy Spring  <mailto:nspring@scientech.com>

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Copyright 2001. SCIENTECH, Inc. All rights reserved.

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---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 08/09/2000
04:43 PM ---------------------------

Zimin Lu
08/09/2000 01:08 PM
To: Vince J Kaminski/HOU/ECT@ECT, Stinson Gibner/HOU/ECT@ECT, Stinson
Gibner/HOU/ECT@ECT
cc:
Subject: TRANSPORTATION MODEL

The Friday meeting is set at 11:15 in 30C1.

Zimin

---------------------- Forwarded by Zimin Lu/HOU/ECT on 08/09/2000 01:04 PM
---------------------------

	Enron North America Corp.

	From:  Colleen Sullivan                           08/09/2000 12:11 PM

To: Keith Holst/HOU/ECT@ect, Andrew H Lewis/HOU/ECT@ECT, Fletcher J
Sturm/HOU/ECT@ECT, Larry May/Corp/Enron@Enron, Kate Fraser/HOU/ECT@ECT, Zimin
Lu/HOU/ECT@ECT, Greg Couch/HOU/ECT@ECT, John Griffith/Corp/Enron@Enron,
Sandra F Brawner/HOU/ECT@ECT, John J Lavorato/Corp/Enron@Enron, Hunter S
Shively/HOU/ECT@ECT, Phillip K Allen/HOU/ECT@ECT, Scott Neal/HOU/ECT@ECT,
Thomas A Martin/HOU/ECT@ECT, Steve Jackson/HOU/ECT@ECT
cc: Julie A Gomez/HOU/ECT@ECT, Stephanie Miller/Corp/Enron@ENRON
Subject: TRANSPORTATION MODEL

Please plan to attend a meeting on Friday, August 11 at 11:15 a.m. in 30C1 to
discuss the transportation model.  Now that we have had several traders
managing transportation positions for several months, I would like to discuss
any issues you have with the way the model works.   I have asked Zimin Lu
(Research), Mark Breese and John Griffith (Structuring) to attend so they
will be available to answer any technical questions.   The point of this
meeting is to get all issues out in the open and make sure everyone is
comfortable with using the model and position manager, and to make sure those
who are managing the books believe in the model's results.   Since I have
heard a few concerns, I hope you will take advantage of this opportunity to
discuss them.

Please let me know if you are unable to attend.


Start Date: 1/28/02; HourAhead hour: 5;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002012805.txt
###Cannot locate a Preferred or Revised_Preferred Schedule that matches the FINAL Individual Interchange Schedule.  Unable to assign deal number.


Start Date: 1/13/02; HourAhead hour: 9;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002011309.txt


Larry,

Glad the conditions work for you.  Those are the only conditions I had any
question about.  We never share entire draft permits before public notice.
Occasionally, if there is a question about a specific issue, we'll share
one or two conditions.  That's what happened here.

                    Larry.Campbell
                    @enron.com            To:     Roger Kohn/R9/USEPA/US@EPA
                                          cc:
Arnold.L.Eisenstein@enron.com, William.Kendrick@enron.com,
                    09/24/2001            John.Shafer@enron.com
                    07:36 AM              Subject:     Re: Draft Permit
Conditions for Transition Period

Roger, these conditions will work out just fine for the generators.  I have
passed them on to our project director and he has given them the thumbs up.
I really appreciate you giving me the opportunity to comment on the
conditions.  Id like to have a peek at the other conditions in the permit
as you develop them, just to expidite the issuance.  Thanks for working
with us on this.....

Kohn.Roger@epamail.epa.gov on 09/20/2001 02:52:05 PM

To:   lcampbe@enron.com
cc:

Subject:  Draft Permit Conditions for Transition Period

Hi Larry,

Per our conversation today, I want to make sure I understand your intent
for the transition periods for Klagetoh and Leupp.  Below are two
conditions from the draft Klagetoh permit.  We would use the same approach
for Leupp.  Please let me know whether we have understood your intent
correctly.  Note that there will also be some associated recordkeeping
requirements.

Roger Kohn
U.S. EPA Region 9
75 Hawthorne St., Mail Code AIR-3
San Francisco, CA  94105
phone: (415) 744-1238
fax:   (415) 744-1076

*    *    *    *    *    *    *    *     *
From the draft Klagetoh permit:

The following conditions apply during the transition period.  The
transition period is defined as the six month period that starts on the
first day that Emission Unit 404 (GE gas turbine) or Emission Units  423 or
424 (Catepillar generator engines) operates.

     1.        During the transition period, Emission Units 401, 402, and
          403 (Clark compressor engines) shall not operate simultaneously
          with Emission Unit 404 (GE gas turbine). [40 CFR
          71.6(a)(13)(iii), 71.6(b), 71.7(e)(1)(i)(A)(4)(i)]

     2.        During the transition period, either Emission Unit 421 or
          422 (Waukesha generator engines) may operate simultaneously with
          either Emission Unit 423 or 424 (Catepillar generator engines).
          Under no circumstances may Emission Unit 421 operate
          simultaneously with Emission Unit 422, nor may Emission Unit 423
          operate simultaneously with Emission Unit 424. [40 CFR
          71.6(a)(13)(iii), 71.6(b), 71.7(e)(1)(i)(A)(4)(i)]

**********************************************************************
This e-mail is the property of Enron Corp. and/or its relevant affiliate
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Thanks!

Stacey

 -----Original Message-----
From: 	Lee, Norman
Sent:	Monday, October 15, 2001 10:41 AM
To:	White, Stacey W.
Cc:	Hu, Wei
Subject:	RE: New instrument type code from ENPower

Dear Stacey,

	Wei's email is about how to capture Power PortCalc positions and P&L into the RiskTrac ( VATR) system. Both Spread Option and Index-Option's positions are stored in two columns in the VATR result table, whereas an Option deal would be in one column only, so Wei has to treat Index-Option the same as Spread Option in capturing the numbers.

	Regards,

Norman.

 -----Original Message-----
From: 	White, Stacey W.
Sent:	Monday, October 15, 2001 9:25 AM
To:	Lee, Norman
Subject:	FW: New instrument type code from ENPower

I understand all the following except the Index-Option.  Why would it be treated as a Spread-Option?

Stacey

 -----Original Message-----
From: 	Hayden, Frank
Sent:	Wednesday, October 10, 2001 6:48 PM
To:	White, Stacey W.
Subject:	FW: New instrument type code from ENPower

Are you okay with this?

 -----Original Message-----
From: 	Hu, Wei
Sent:	Wednesday, October 10, 2001 5:29 PM
To:	Hayden, Frank
Cc:	Ramesh, Ganapathy
Subject:	New instrument type code from ENPower

Frank,

We were just informed by Norman Lee's group that ENPower is going to put out a new instrument type code called 'TRANSMISSION' and it basically is a kind of SPREADOPTION, so we will modify the code and capture them as SPREADOPTION.

Also we were told that we should handle one existing instrument type code INDEX-OPTION as SPREADOPTION too.  INDEX-OPTION has been captured as OPTION so far.  We will also make the code change for this.

Anytime when ENPower introduces new instrument type code in the future, we need to be informed because there are 15 - 20 instruemnt type codes existing in ENPower system and we need to convert them into one of the six instrument type codes in RisktRAC.

I am going to make the changes tomorrow.

Regards,

Wei


Yes, I would be happy to.   Mark Haedicke

	Stacy Carey <SCAREY@ISDA.ORG>
	04/23/2001 12:11 PM

		 To: Mark Haedicke <Mark.E.Haedicke@enron.com>, Damian Kissane
<damian.kissane@db.com>, Jonathan Moulds <jonm@crt.com>
		 cc: Robert Pickel <RPICKEL@isda.org>, Ruth Ainslie <RAinslie@isda.org>
		 Subject: Financial Times Article on Electronic Trading

The FT has contacted ISDA regarding our contribution to an upcoming article
they are writing on the emergence of electronic trading.

ISDA staff will give them regulatory background in US and Europe.  I thought
it might be worthwhile for them to hear a business/legal perspective as
well.

Would you be interested in speaking with the reporter within the next couple
of days?  Please advise.  Many thanks!

Stacy Carey
Policy Director  & Media Relations
International Swaps and Derivatives Association
600 5th Avenue, 27th Floor
Rockefeller Center
New York, NY  10020
(212) 332-1202 ph
(212) 332-1212 fax
(917) 543-9622 cell
scarey@isda.org


As long as he leaves after me I think it's great!!!


Grab me when you get a minute.  I have your bonus and merit info.  You're
going to like it.

D


Jay,

I want to set up a monthly automatic transfer from my checking account but
have had trouble getting a PIN number from the phone number that was mailed
to me.  I want to have $1,065 transferred into the CMA account; on the 15th
of each month if possible.  I would like $150 transferred into 226-27211 and
then used to purchase the mutual fund already in the account, $175
transferred into 226-27210 and then used to purchase the mutual fund already
in the account, and then have the remaining amount ($740) used to purchase
the mutual fund in the CMA account (226-27209).  Please help.  Thanks.

DG
713-853-9573


thnx

 -----Original Message-----
From: 	Hernandez, Felipe
Sent:	Tuesday, August 07, 2001 11:01 AM
To:	Quigley, Dutch
Subject:	RE: Kobra-book

 << File: Gas-Financials-Trading2.kob >>
Sorry, This is the correct one. Felipe


Tracey,

We will have to change the org_region codes for all of our books today.  I will send you the updated book requests today once IT has agreed to the changes.  That should solve your problem.

Thanks

Kam

 -----Original Message-----
From: 	Gossett, Jeffrey C.
Sent:	Monday, January 14, 2002 5:57 PM
To:	Keiser, Kam
Subject:	FW: Book requests

Can you figure something out for these guys?

Thanks

 -----Original Message-----
From: 	Irvin, Tracey
Sent:	Monday, January 14, 2002 4:59 PM
To:	Gossett, Jeffrey C.
Cc:	Whiting, Greg
Subject:	FW: Book requests

Jeff,

I have a concern regarding these new book requests for netco.  As you can see from the attached files, all the firm books have the same book code, "MF".  When accounting pulls the liquidations from TAGG, it is by book code and region.  When we pull the "MF" book code with "Financial" as the region, we will be getting the liquidations for John Arnold's book, Mike Maggi's book, etc.  We will have no way to determine which liquidations belong to which book.  I just have a concern that if/when we have variances we would not be able to determine which trader's book was the cause of the variance.  Do you know of another field that would provide this information?

thanks

 -----Original Message-----
From: 	Stevens, Mechelle
Sent:	Monday, January 14, 2002 3:48 PM
To:	Irvin, Tracey
Subject:	FW: Book requests

Here you go!

 -----Original Message-----
From: 	Valdes, John
Sent:	Monday, January 14, 2002 3:08 PM
To:	Stevens, Mechelle
Subject:	FW: Book requests

How about Canada?

John

 -----Original Message-----
From: 	Valdes, John
Sent:	Monday, January 14, 2002 3:07 PM
To:	Stevens, Mechelle
Subject:	Book requests

 << File: Book Request Form  Financial final.xls >>  << File: Book Request Form Central final.xls >>  << File: Book Request Form East final.xls >>  << File: Book Request Form Texas final.xls >>  << File: Book Request Form West final.xls >>

Do you need Power as well?  Let me know.

John


I have to leave work early tomorrow at 5 p.m. for an appointment.
 -----Original Message-----
From: 	Shackleton, Sara
Sent:	Tuesday, October 23, 2001 6:23 PM
To:	Boyd, Samantha; Cook, Mary; Gray, Barbara N.; Heard, Marie; Hendry, Brent; Jones, Tana; Koehler, Anne C.; Leite, Francisco Pinto; Taylor, Mark E (Legal); Nelson, Cheryl; Panus, Stephanie; Sayre, Frank; Bailey, Susan
Cc:	Rozycki, Joanne
Subject:	Wednesday, October 24

I have an 8:30 a.m. doctor's appointment.

Sara Shackleton
Enron Wholesale Services
1400 Smith Street, EB3801a
Houston, TX  77002
Ph:  (713) 853-5620
Fax: (713) 646-3490


President George Bush has declared Friday,  September 15, a National Day of Prayer.  We are providing the attached  summary of services being held in the downtown area for you and your  employees.
 - NATIONAL DAY OF PRAYER.doc


A new version of CQG has been deployed to all current CQG users.  When you log out and log back in you may not initially see your saved layouts.
If this occurs, please follow the below instructions to retrieve your layouts.

If you need assistance please contact the resolution center at x31411 and your floor support technician will be able to assist.

Thank You.

Restoring user layouts after upgrades to 275.

once you are logged into CQG

goto SYSTEM
goto Auto Backup user setups
goto Restore from Archive tab
select most recent date prior to current day...... "its format is yyyymmddnn.zip
hit RESTORE NOW button
hit OK


You are correct!

gngr
713-853-7751

	Jeff Dasovich
	Sent by: Jeff Dasovich
	05/16/2001 05:08 PM

		 To: Ginger Dernehl/NA/Enron@Enron
		 cc:
		 Subject: Re:

Thank you.  So the leadership call is otherwise 4:30 PM CDT on Thursdays?


Not a "date" date.  Just somebody to go with me.  It could have been a girl
for all I cared.  But I'm glad I didn't bring anybody.  The party was lame.
I didn't invite Dave just to spite him because I'm immature like that :)
When we started seeing eachother again, the whole seeing other people was
left up in the air.  But it was made clear that neither of us would like it
if we found out the other person was dating someone else.  And we could not
sleep with anybody else by any means!  But it's become more strict and very
evident that neither of us even want to see anybody else.  I just have my
guard up right now.  So even though we are basically back together, I don't
want to make it official.  I'm still letting him stir.

-----Original Message-----
From: Mark.Guzman@enron.com [mailto:Mark.Guzman@enron.com]
Sent: Monday, November 06, 2000 10:51 AM
To: Katie.Trullinger@wfsg.com
Subject: RE:

How come you wanted a date for halloween then?


-----Original Message-----
From: 	Fitzgerald, Genia
Sent:	Monday, September 17, 2001 2:07 PM
To:	Noske, Linda J.
Subject:	FW: THIS IS SWEET!!!!

 -----

 - Afgani-Stealth.JPG


Did you make your reservation?


Business Week article speaking on how deregulation is the solution for power
markets.


Please meet with Bob Hall in EB32c2 at 10am.

  If for any reason you will not be able to attend, please let me know.

  Thank you,
  Heather Choate, x33278


---------------------- Forwarded by Sandra F Brawner/HOU/ECT on 04/12/2001
09:38 AM ---------------------------

"Jon Schnitzer" <jons@amerexenergy.com> on 04/12/2001 08:22:39 AM
To: "Suzann Schnitzer" <sschnitz@jcpenney.com>, "susan schnitzer"
<s.schnitzer@worldnet.att.net>, "Sandra F Brawner"
<Sandra.F.Brawner@enron.com>, <robert.k.rodriguez@db.com>, "Morris, Lamar
\(SUGARCREEK XGH 317\)" <LMorris1@pclient.ml.com>, "Mike Bilotti"
<michael.bilotti@capco.com>, <mhandler@natsource.com>, "lance jordan"
<lcjo@dynegy.com>, "keith taylor" <kata@dynegy.com>, <JSEGAUL44@aol.com>,
"john shaw" <john.shaw@glencore-us.com>, "jeremy davis" <jjda@dynegy.com>,
"Janet Schnitzer" <jrschnitzer@hotmail.com>, "gerardo ruiz"
<gee_ruiz@hotmail.com>, "diana hollier" <dhollier@energyusa.com>, "david
dunnavandt" <ddunnavant@reliantenergy.com>, "Chris Paul"
<cpaul@dwintegrated.com>, "chaw" <chaw@crcom.net>, "Brian York"
<byork@dwintegrated.com>, "anrew o ertel" <aertel@evomarkets.com>,
<allison_kushnick@mhhs.org>
cc:
Subject: Fw: Colin Powell's apology to China

----- Original Message -----
From: "Herb Lee" <herbl@amerexenergy.com>
To: "Jon Schnitzer" <jons@amerexenergy.com>
Sent: Thursday, April 12, 2001 7:58 AM
Subject: Fw: Colin Powell's apology to China

>
>

 - chinese2.jpg