This is the result of processing the Media Grok Newsletter Template:
=====================================================================
                            THE STANDARD'S
                          M E D I A  G R O K
            A Commentary on What the Press Is Reporting and Why
=====================================================================
                                        | http://www.thestandard.com |

Wednesday, June  6, 2001

TOP GROKS:
* Napster Is Dead, Long Live Napster
* Will Lucent Cut From the Middle?
* If It's Wednesday, That Must Be Traveling Music

MORE NEWS:
* Napster Signs With the Major Labels
* Lucent to Ax an Additional 5,000 Jobs
* Amazon Looks Forward to 2002
* Sega to Enter Chinese Game Software Market in June

/=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= advertisement =-=-=

**The Standard's new COMPANY INDEX**
Find information about hundreds of companies in our new COMPANY
INDEX.  Browse through the alphabetical listings, industries and
categories, or perform a search to find the company you're looking
for. The Company Dossier hosts articles, a company profile, stock
information and financial overviews, key players and contact information.
http://click.email-publisher.com/oaaab7qaaP7YrbVAtCeaaaacSb/

=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=/

TOP GROKS
~~~~~~~~~
Napster Is Dead, Long Live Napster

We haven't heard this much talk of legitimacy since we read "Bastard
Out of Carolina." Napster has signed with MusicNet (the
pay-per-download service to be launched by three of the five major
labels), giving Napster that much-discussed legitimacy at last. That's
good, right? Not if Napster as we know it is already six feet under,
said some reporters.

The Globe and Mail said MusicNet "relegates (Napster) to a pale
imitation of its former self." The alliance is "another step backward
for the once-proud file-swapping service," added News.com. There was
much talk of the supposedly valuable Napster "brand," but The Register
argued, "Say Napster to someone, and the first reaction will most
likely be 'failure.'" Either that or "pig Latin."

Since Napster nailed down its filtering technique, there's no arguing
that its membership has dropped. But by how much? The New York Times
reported on "Napster's more than 70 million users" (maybe that refers
to anyone who has ever tried the service), a MusicNet adviser
elsewhere mentioned "6 million music fans," and a Webnoize report that
measured only simultaneous users counted a drop from 1.5 million to
840,000. "Users are still there," insisted a Webnoize analyst.
Probably not 70 million of them, however.

Napster is still getting sued by members of the MusicNet consortium,
believe it or not, and a Napster-MusicNet service won't go live until
Napster works out some more copyright-related details. Meanwhile,
Wired News reminded us that "Thomas Middelhoff, Bertelsmann's
chairman, has repeatedly claimed that Napster's new secure service
would be launched by no later than July." Tick tock, Tom. - Jen
Muehlbauer

Napster Signs With the Major Labels
http://www.thestandard.com/article/0,1902,26900,00.html

Napster Service Gets Legit
http://www.wired.com/news/mp3/0,1285,44322,00.html

MusicNet snags Napster's 6 million fans
http://seattlep-i.nwsource.com/business/26189_napster06.shtml

Napster Near Accord on Music Sales
http://www.nytimes.com/2001/06/05/technology/05MUSI.html
(Registration required.)

Napster Signs Deal to Offer Music From Record Giants
http://www.washingtonpost.com/wp-dyn/articles/A26643-2001Jun5.html

Napster cuts deal with majors
http://news.cnet.com/news/0-1005-200-6198507.html

Napster signs deal with MusicNet
http://www.siliconvalley.com/docs/news/svtop/napstr060601.htm

Napster strikes deal with foes
http://www.globeandmail.ca/servlet/RTGAMArticleHTMLTemplate/D,C,C/20010606/w
napsdeal?tf=RT/fullstory_Bus.html&cf=RT/config-neutral&vg=BigAdVariableGener
ator&slug=wnapsdeal&date=20010606&archive=RTGAM&site=Business&ad_page_name=b
reakingnews-business

Napster nears deal with music industry
http://www.theregister.co.uk/content/6/19455.html

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

Will Lucent Cut From the Middle?

Hey! Everybody! Lucent says it's turning itself around! Buy Lucent!
Buy tech stocks!

Not so fast.

Though Lucent boss Henry Schacht made some optimistic comments on
Tuesday that helped send the Nasdaq north, it also surfaced Tuesday
that Lucent may try to sweet-talk at least 10,000 high-paid managers
into early retirement to help with that promised turnaround. (Is
"retirement package" some new code for "severance"?)

For analysts and investors, that may still be good news. Lucent hasn't
cut nearly as many jobs as it promised in January, and some observers
have started to squirm - though not as much as Lucent employees.

How many bosses could prematurely hop in their RVs and head for
Florida? Reuters said Lucent would offer buyouts to "several thousand"
managers, the New York Times cited "more than 10,000," and the Wall
Street Journal said "up to 15,000." The Financial Times' source said
5,000 managers, but that's on top of 10,000 jobs already on the
chopping block. The Times may have summed it up best: "It is not clear
how many managers will receive or accept buyout offers." We suspect
the trouble-free loss of even a few thousand middle managers would
support many cube-dwellers' opinions of their supervisors' usefulness.

Nor does anyone know what the early retirement package would include.
Both the Journal and the Times heard a calculation that if half the
managers in question accept the buyout, Lucent could save $100 million
- but neither outlet seemed willing to bet the house on that number.
Sources did seem to agree that middle management, not execs, will get
the buyout pitch. After all, Lucent is having enough trouble finding a
permanent replacement for the CEO it ousted in October. - Jen
Muehlbauer

Lucent to Ax Additional 5,000 Jobs
http://www.thestandard.com/article/0,1902,26922,00.html

Lucent to offer management buyouts (Reuters)
http://investor.cnet.com/investor/news/newsitem/0-9900-1028-6198480-0.html

Lucent to Offer Early-Retirement Packages To 15,000 Managers, Reaffirms
Guidance
http://interactive.wsj.com/articles/SB991747862792871939.htm
(Paid subscription required.)

Lucent Is Said to Be Ready to Offer Buyouts to 10,000
http://www.nytimes.com/2001/06/06/technology/06LUCE.html
(Registration required.)

Lucent Technologies to shed 5,000 more jobs
http://news.ft.com/ft/gx.cgi/ftc?pagename=View&c=Article&cid=FT3ITBM2MNC

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

If It's Wednesday, That Must Be Traveling Music

Trent Lott is officially out of the loop today, and so is Priceline's
Jay Walker. But while the ex-Senate leader crankily steps down, Walker
is probably whistling a happy tune as he exits. The man who insisted
Priceline was a stroke of brilliance has cashed out of the biz. What
does Walker's move mean? Most media outlets switched on the muzak.

According to reporters, Hong Kong businessman Li Ka-shing scarfed up
25 million shares of Priceline on Tuesday. Added to the 35 million he
bought in February through two conglomerates he controls, the
billionaire - pegged by Reuters as Hong Kong's richest man - now owns
30 percent of the former Net darling. He also now controls three of
Priceline's 11 board seats, the Financial Times said.

But don't expect the $110 million investment to enrich Priceline.
According to Reuters, the shares are a private sale by Walker. He
still owns 14.9 million shares in the company, but the media were
unclear on what will become of them. The Associated Press reported
that Priceline said Walker has sold the shares, or plans to. The
Financial Times countered that Walker's remaining stake is subject to
complications such as "options, forward contracts or other private
agreements with investors." So the sale to Li Ka-shing effectively
reduces Walker's stake to nothing, as the peach paper put it.

Doesn't it look bad when a company founder cashes out? Not to a
Priceline spokesman who gamely spun the deal as a positive one that
increases the involvement of two strategic partners, Reuters reported.
The wire service's coverage of the sale provided the best context for
the deal by offering an explanation of the two companies' businesses
and their potential plans for the investment. Cheung Kong and
Hutchison Whampoa are multinationals with holdings that range from
hotels to Internet operations, according to Reuters, and Priceline's
spokesman said the idea is to begin talks with Asian investors to plan
"Priceline-type services" for that market.

Last week Lott famously wrote in a memo that a plurality isn't a
majority. Then again, like the Senate, Net companies aren't always
democratic. - Deborah Asbrand

Hong Kong's Biggest Tycoon Ups His Stake in Priceline.com (Reuters)
http://www.thestandard.com/article/0,1902,26918,00.html

Hong Kong Tycoon Gets 30% of Priceline
http://www.nypost.com/business/31971.htm

Cheung Kong, Hutchison Whampoa Increase Their Stakes in Priceline.com
http://interactive.wsj.com/articles/SB991774702675956266.htm
(Paid subscription required.)

Hong Kong Tycoon Boosts Priceline Stake to 30%
http://news.ft.com/ft/gx.cgi/ftc?pagename=View&c=Article&cid=FT3OAYYHMNC&live=true&tagid=FTDDMJNIFEC

Priceline founder to sell own 30 percent stake (AP)
http://news.cnet.com/news/0-1007-200-6199387.html

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

/=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= advertisement =-=-=

NOMINATIONS WANTED FOR THE BUSINESS TRANSFORMATION AWARDS

Nominate your favorite company for The Industry Standard's
Business Transformation Awards, to be announced in October at
the Net Returns conference. Click on the url below for more information.

http://click.email-publisher.com/oaaack1aaP8MHbVAtCeaaaacTb/

=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=/

/=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= advertisement =-=-=

GET 4 FREE ISSUES OF THE INDUSTRY STANDARD

The Industry Standard is the only weekly newsmagazine devoted
to covering the New Economy--and you're invited to sample 4
issues--absolutely risk-free!  Click on the url below to order today.

http://click.email-publisher.com/oaaab7saaP7YtbVAtCeaaaacUb/

=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=/

MORE NEWS AT THESTANDARD.COM
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Napster Signs With the Major Labels
By Michael Learmonth
The deal will give the song-swap service access to tunes from BMG,
Warner Music and EMI - and ups its odds for survival as a subscription
service.
http://www.thestandard.com/article/0,1902,26900,00.html?nl=mg

Lucent to Ax an Additional 5,000 Jobs
By  IDG
The troubled telco equipment maker may offer buy-outs or early
retirement to a swathe of mid-level managers, on top of the 10,000 job
cuts announced in January.
http://www.thestandard.com/article/0,1902,26922,00.html?nl=mg

Amazon Looks Forward to 2002
By Miguel Helft
Offering its first guidance for next year, the e-retailer says it'll
be 'well-positioned' for pro-forma operating profits. Many analysts
shrug.
http://www.thestandard.com/article/0,1902,26908,00.html?nl=mg

Sega to Enter Chinese Game Software Market in June
By  Reuters
The Japanese company behind "Sonic The Hedgehog" hopes to revive its
fortunes by capturing 10 percent of the Chinese gaming market in one
year.
http://www.thestandard.com/article/0,1902,26925,00.html?nl=mg

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

MORE LINKS
~~~~~~~~~~
Internet Lottos Prized By Web Surfers
http://www0.mercurycenter.com/local/center/weblot0606.htm

Tech Doubter Gets Aboard
http://washingtonpost.com/wp-dyn/articles/A26650-2001Jun5.html

Branson and NTL Try to Sell Virgin.net
http://tm0.com/sbct.cgi?s=24677699&i=350665&d=1444474

Amazon Expanding Into Computer Sales
http://seattletimes.nwsource.com/html/businesstechnology/134303327_amazon06.html

Plaintive E-Mail Outrages Israel (Reuters)
http://www.wired.com/news/culture/0,1284,44303,00.html

Survival Of The Losers
http://www.salon.com/tech/feature/2001/06/06/darwin_s_web/index.html

A Helping Handheld for the Disabled
http://www.businessweek.com/bwdaily/dnflash/jun2001/nf2001066_171.htm

Microsoft ends free support for Office 97
http://news.cnet.com/news/0-1003-200-6196458.html

STAFF
~~~~~
Written by Deborah Asbrand (dasbrand@world.std.com), Michaela
Cavallaro (mcavalla@maine.rr.com),Keith Dawson (dawson@world.std.com),
Jen Muehlbauer (jen@englishmajor.com) and David Sims
(davesims@sonic.net).

Edited by Jimmy Guterman (guterman@vineyard.com).

Copyedited by Jim Duffy (jduffy@thestandard.com).

GET THE MAGAZINE
~~~~~~~~~~~~~~~~
4 RISK-FREE issues at this URL:
http://click.email-publisher.com/maaacnFaaP8U8bVAtCeb/

GET MORE NEWSLETTERS
~~~~~~~~~~~~~~~~~~~~
The Standard newsletters cover the media, stock market,
e-commerce, music, law and more. To SUBSCRIBE to other
newsletters, click here:
http://click.email-publisher.com/maaacnFaaP8U9bVAtCeb/

To unsubscribe, click here:
http://thestandard.email-publisher.com/u/?bUrKAM.bVAtCe

ADVERTISING INFORMATION
~~~~~~~~~~~~~~~~~~~~~~~
For more information on advertising in The Standard
Newsletters, contact:

Erik VanderKolk (evanderkolk@thestandard.com)

FEEDBACK AND PROBLEMS
~~~~~~~~~~~~~~~~~~~~~
Send letters to the editor to letters@thestandard.com.

Please contact us with any problems that arise:
http://www.thestandard.com/service
customerservice@thestandard.com

You can also contact us via phone or mail:
    Standard Media International, Customer Service
    866-776-9890 (phone)

Copyright 2001 Standard Media International


----- Forwarded by Steven J Kean/NA/Enron on 12/27/2000 02:03 PM -----

	Alan Comnes@ECT
	12/22/2000 03:46 PM

		 To: Steven J Kean/NA/Enron@Enron, Ginger Dernehl/NA/Enron@Enron, Tim
Belden/HOU/ECT@ECT, Robert Badeer/HOU/ECT@ECT
		 cc:
		 Subject: Re: Charts

Use this file:  I have dated the forward price curve chart so that it is
clear it is prices as of today.

GAC

Alan Comnes
12/22/2000 01:39 PM
To: Steven J Kean/NA/Enron@Enron, Ginger Dernehl/NA/Enron@Enron
cc: Tim Belden/HOU/ECT@ECT, Robert Badeer/HOU/ECT@ECT

Subject: Charts

Steve, Ginger:

The first file has the charts and data you requested.

I am also forwading some charts on price caps.  You may be interested in the
charts on California Stage 1/2/3 emergencies.

Alan Comnes


I called the counterparty this morning at the California location
(415-927-1700) and spoke to Stephanie Ludwick; she confirmed that Pacific
Forest Resources does indeed have Inc. at the end of the name.  I also asked
if the same was true for the Connecticut location (since that is the location
reflected in GCP) and she again said yes, that there is an Inc. at the end of
the name for that location too.

If you have any further questions please feel free to give me a call at ext
5-8136.

Ruby Kyser
 -----Original Message-----
From:  Johnson, Cheryl
Sent: Friday, May 25, 2001 2:40 PM
To: Kyser, Ruby
Cc: Coleman, Tandra; Rodriguez, Bernice
Subject: FW: ClickPaper Approvals, 05-14-01 _ GCP Response

Ruby, can you please follow through on this request from Tana, I left you a
note, along with the Articles and Lex-Nex info.  If there has been no name
change to include "Inc", please let Bernice know so the name can be updated
in GCP.

Thanks!

 -----Original Message-----
From:  Jones, Tana
Sent: Friday, May 25, 2001 1:24 PM
To: Johnson, Cheryl
Subject: RE: ClickPaper Approvals, 05-14-01 _ GCP Response

It's on its way!

	Cheryl Johnson/ENRON@enronXgate 05/25/2001 12:46 PM 	   To: Tana
Jones/HOU/ECT@ECT  cc: Bernice Rodriguez/ENRON@enronXgate, Tandra
Coleman/ENRON@enronXgate  Subject: RE: ClickPaper Approvals, 05-14-01 _ GCP
Response

Hi Tana,

We did have it set up in the system without "Inc." but I got a request from
the settlements group to add "Inc." to the name.  I personally verified it
with the counterparty, and changed the record in GCP.  Lexis-Nexis shows that
it was incorporated in California in 1984 as Pacific Forest Resources, Inc.
Yes, please fax the articles to 713 646 5797, so I can get this clarified
once and for all.

Thanks,

Cheryl x33103

 -----Original Message-----
From:  Jones, Tana
Sent: Friday, May 25, 2001 11:25 AM
To: Johnson, Cheryl
Cc: Schott, Samuel
Subject: RE: ClickPaper Approvals, 05-14-01 _ GCP Response

Re: Pacific Forest Resources

Unless this is another company or they have changed their name subsequent to
the execution of the ISDA Master in 1998, we have an ISDA Master in place
with this counterparty and have a copy of their Articles of Incorporation in
the file, and there is no "Inc." at the end of this company's name.  If you
would like me to send you a company of the company's Articles of
Incorporation I will be happy to do so.
----- Forwarded by Tana Jones/HOU/ECT on 05/25/2001 11:22 AM -----

	Samuel Schott/ENRON@enronXgate 05/22/2001 02:52 PM 	   To: Aparna
Rajaram/ENRON@enronXgate, Kelly Lombardi/ENRON@enronXgate, Steve
Venturatos/ENRON@enronXgate, Tanya Rohauer/ENRON@enronXgate, Tom
Moran/ENRON@enronXgate, Tana Jones/HOU/ECT@ECT, Frank L
Davis/ENRON@enronXgate, Ken Curry/ENRON@enronXgate, Nicole
Hunter/ENRON@enronXgate, Lesli Campbell/ENRON@enronXgate, Angela Y
Brown/ENRON@enronXgate, Amber Ebow/ENRON@enronXgate, Karen
Lambert/ENRON@enronXgate, Fraisy George/ENRON@enronXgate, Tandra
Coleman/ENRON@enronXgate, Wendi Lebrocq/ENRON@enronXgate, Thu Pham
Arnold/ENRON@enronXgate  cc:   Subject: RE: ClickPaper Approvals, 05-14-01 _
GCP Response

 Any GCP adjustments will be highlighted in blue.

  << File: CP 05-14-01.xls >>
 Rgds.

 Samuel x3-9890
 Enron Net Works _ Global Counterparty Team


Does EGM management support quoting prices for financial JCC business developed by the Tokyo office? Is so, we need to communicate that to Bill White, Chris Glaas and Richard Slovenski. If not, then we need to tell Joe and his troops. My assesment (and please correct me if I am wrong) is that the long term success of our Singapore and Tokyo offices is dependent on how they interact on physical and financial trades (like Project Sato) in the region.

 -----Original Message-----
From: 	Leach, Doug
Sent:	Tuesday, September 25, 2001 10:42 AM
To:	Slovenski, Richard
Cc:	De la roche, Marc; Neale, Nelson
Subject:	JCC

With Joe Hirl in town tomorrow with Nissho Iwai I'm sure the subject of JCC hedging will come up. As you know Marc de la Roche and I have been working with Enron's Research department and it appears Nelson Neale has done some great work on JCC and it's relationship to Brent crude. I also understand that you are not inclined to want to quote prices for the JCC index. Is that a fair statement? Where I become confused is that the management in Houston supports the Tokyo office efforts and yet unless the Global Products Singapore office steps up to help, then neither office will prosper. Trust me, I do not want the Singapore office to bear all of the price/basis risk of the Tokyo office, but if we can't compete with Morgan Stanley or J. Aron then why do we have either office? I will talk to Hirl, Shankman and McConnell and see what they want Global Products to do or not do regarding JCC hedging. Your comments on this subject would be much appreciated.


The following companies were granted a declaratory judgment from the
Imperial County Supreme Court to suspend deliveries of capacity and
energy to Edison, and to resell energy and capacity to other purchasers:

Salton Sea Power Generation
Fish Lake Power
Vulcan/BN Geothermal Power Company
Elmore, LP
Leathers, LP
Del Ranch, LP


Hello, Researchers:

This Friday we have Paulo Issler speaking on "Implied Trees and Edgworth
Binomial Trees".
Time: 12 Noon, May 26; Place: 19C2.

The brown bag series has been a success thanks to your participation.  Hope to
see you again this Friday.

Zimin,
Alex.


Legal has informed us that we will need to collect all of the confirmations for all of the terminated transactions.  If you and Brian can give me all of the deal numbers associated with the commodity trades, I'll take care of pulling the documentation.

Thanks again for your help.

 -----Original Message-----
From: 	Adams, Laurel
Sent:	Thursday, January 17, 2002 10:59 AM
To:	McLaughlin Jr., Errol
Subject:	RBC

Errol,

I need the RBC valuations as of 12/4/01 which is the date they terminated their contracts with us.  Thanks for your help!


Start Date: 1/23/02; HourAhead hour: 8;  HourAhead schedule download failed. Manual intervention required.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002012308.txt
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
Error: dbCaps97Data: Cannot perform this operation on a closed database
Error: dbCaps97Data: Cannot perform this operation on a closed database
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
Error: dbCaps97Data: Cannot perform this operation on a closed database


Please be advised that this stemmed from myself talking to Gossett. So If any
one in my group does not take the time to do the mini-book
or communicate a change to another group I will be talking to them. So please
take the time to check every deal that you enter or change.
Especially look at middle market or structuring tickets when they are entered
and make copies for the appropriate desk.

IF YOU ARE NOT SURE ABOUT A CHANGE MINI-BOOK IT AND TALK TO ME.

Please email me once you read this so I know that everyone is on board.

DUTCH

---------------------- Forwarded by Dutch Quigley/HOU/ECT on 10/20/2000 11:40
AM ---------------------------

	Enron North America Corp.

	From:  Jeffrey C Gossett                           10/20/2000 11:25 AM

To: William Kelly/HOU/ECT@ECT, Darron C Giron/HOU/ECT@ECT, Dutch
Quigley/HOU/ECT@ECT, David Baumbach/HOU/ECT@ECT, Kam Keiser/HOU/ECT@ECT
cc:
Subject: Changing Deals

Effective immediately,  if anyone changes any deal for any reason,  they need
to provide a minibook with a before and after of exactly what they did.  This
used to be a common courtesy,  but it looks like we need a stated policy in
place.  You guys will therefore have to get minibook access to calc all books
on a mini-book level from Jeremy.  Please let me know the timing Jeremy gives
for getting the appropriate people mini-book access as soon as possible.  It
is critical that we get this done right away.  I know that this is not a
one-sided issue.  No group is better or more important than any other group.
It is therefore important that we do a better job of communicating across
groups.

Thanks,

Jeff


That would be great.  Let me know so I could get tix to a ballgame if the
Astros are in town that weekend.
I'm going to the game next Monday to see McGwire and the Cards.  Glad to hear
everything's going well.

I got a call from Peremes on Saturday.  She heard I got engaged and was
pissed I didn't tell her.  I think she's
smoking serious crack 'cause I told her when I talked to her about 6 mos.
ago.  I guess she just chose to ignore
me as usual.

Talk to you soon.

KR

P.S.  We just closed on a house this past Friday.  It's in need of some
serious work.  Hopefully it'll be
habitable by the time you see it.


I brought some of my natural gas and options books from home.  Please come by my desk if you want to read one during the day or make copies of some chapters to take home with you.

KK


Start Date: 4/3/01; HourAhead hour: 12;  No ancillary schedules awarded.
Variances detected.
Variances detected in Generation schedule.
Variances detected in SC Trades schedule.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001040312.txt

---- Generation Schedule ----
$$$ Variance found in table tblGEN_SCHEDULE.
     Details: (Hour: 12 / Preferred:  20.00 / Final:  22.77)
  TRANS_TYPE: FINAL
  SC_ID: TOSCO
  MKT_TYPE: 2
  TRANS_DATE: 4/3/01
  UNIT_ID: UNCHEM_1_UNIT

---- SC Trades Schedule ----
$$$ Variance found in table tblInt_Interchange.
     Details: (Hour: 12 / Preferred: -462.00 / Final: -450.00)
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/3/01
  TRADING_SC: NES1
  PNT_OF_INTRC: SP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 1
  DEAL_NO: 1

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 12 / Preferred:   5.51 / Final:   4.53)
  TRANS_TYPE: FINAL
  LOAD_ID: PGE2
  MKT_TYPE: 2
  TRANS_DATE: 4/3/01
  SC_ID: EPMI
$$$ Variance found in table tblLoads.
     Details: (Hour: 12 / Preferred:  50.30 / Final:  42.09)
  TRANS_TYPE: FINAL
  LOAD_ID: PGE3
  MKT_TYPE: 2
  TRANS_DATE: 4/3/01
  SC_ID: EPMI


Thanks for the offer (and the call) but I haven't been able to secure a
sitter for Michael.

My schedule should be getting better (famous last words), and I hope we can
get together soon.  I would like to introduce you to Carlos Sole, if you
haven't met him yet.

Thanks again,

Kay

"Clark Thompson" <cthompson@bracepatt.com> on 04/20/2001 12:47:05 PM
To: <alan.aronowitz@enron.com>, <Barbara.N.Gray@enron.com>,
<carlos.sole@enron.com>, <dan.lyons@enron.com>, <jordan.mintz@enron.com>,
<kay.mann@enron.com>, <lisa.mellencamp@enron.com>, <Sheila.Tweed@enron.com>,
<steve.van.hooser@enron.com>, <Stuart.Zisman@enron.com>
cc:

Subject: Astros Diamond Box Tickets

I noticed this morning that the firm's Diamond Box seats for tonight's game
against St. Louis had not been claimed and so claimed them.  I apologize for
the late notice, but if you would be interested in going tonight, I would be
happy to make them available to you and your spouse, date, etc.  I'm still
trying to arrange my schedule to go, but wanted you to have the opportunity,
even if I couldn't make it.  Please call me or my secretary, Becky, at your
earliest convenience to let me know if you would like to use these tickets.

cgt

Clark G. Thompson, Jr.
Bracewell & Patterson, L.L.P.
711 Louisiana, Suite 2900
Houston, Texas  77002-2781
Phone: 713.221.1477
Fax:      713.221.2116
email:    cthompson@bracepatt.com

CONFIDENTIALITY STATEMENT:
This information is intended only for the use of the individual or
entity to which it is addressed and may contain information that is
privileged, confidential, and/or exempt from disclosure under applicable
law.  If you are not the intended recipient, you are hereby notified
that any dissemination of this information is strictly prohibited.  If
you have received this information in error, please notify us
immediately by telephone at (713) 221-1477 or by fax at (713) 221-2116,
and confirm that you have destroyed this information and any copies.
Thank you.


Please find attached the EGM Management Summary and Hot List as of 11/09.
Please contact me if you have any questions/comments.

Thanks,
Jeff

---------------------- Forwarded by Jeff Smith/HOU/ECT on 11/10/2000 03:23 PM
---------------------------

	From:  Patricia Anderson                           11/10/2000 01:51 PM

To: Jeff Smith/HOU/ECT@ECT
cc:
Subject: Mgmt Summary & Hot List

For distribution

Thanks,
Patricia


fyi, I asked Dale Kasler at the Sacramento Bee for advance questions for
Jeff's phone interview next Wednesday, and these are what he sent -- gives
you an idea of where he's headed...  Let's talk about any concerns you may
have, and we can certainly prep Jeff for this one.  thx. kd
---------------------- Forwarded by Karen Denne/Corp/Enron on 03/22/2001
04:53 PM ---------------------------

Dale Kasler <DKasler@sacbee.com> on 03/22/2001 04:39:43 PM
To: "'Karen.Denne@enron.com'" <Karen.Denne@enron.com>
cc:

Subject: RE: Skilling interview

Here's the gist of my questions:
??????? - You were opposing the "Poolco" model of deregulation as far back as
June 94, when you testified at a PUC hearing in LA. Why do you think you
weren't able to convince them? Do you think, as Nymex's Bob Levin believes,
that their minds were already made up?

??????? - Enron is this big influential company, on the cutting edge of
energy deregulation; why weren't you able to get California to go along with
your idea of direct access?

??????? - In some of Enron's testimony, the company was warning that the
Poolco was ripe for manipulation by the investor-owned utilities. In
retrospect, given the utilities' financial state, that's clearly not the
case. But explain what your company was thinking at the time.

??????? - Did Enron get PG&E to accept the big Edison-sponsored memorandum of
understanding in fall 95? Steve Peace says so.

??????? - I'm told that Enron was among those pushing for divestiture of
plants by the IOUs. Why didn't you then buy any of them?

??????? - Did Enron lose the debate (over poolco vs. direct access) but end
up winning anyway, because it did fairly well in the direct retail market,
and made money trading in the wholesale market in California?

???????
??????? I have a few more, but that should get us started.
??????? Thanks.

-----Original Message-----
From: Karen.Denne@enron.com [mailto:Karen.Denne@enron.com]
Sent: Thursday, March 22, 2001 1:39 PM
To: Dale Kasler
Subject: Re: Skilling interview

I'll place the call from Skilling's office.? Do you have specific questions
I can pass along to Jeff ahead of time?? It's probably a good idea since
you'll be talking about events 8 years ago, and he'll need some time to
think about it.? thx. kd

Dale Kasler <DKasler@sacbee.com> on 03/22/2001 02:38:46 PM

To:?? "'kdenne@enron.com'" <kdenne@enron.com>
cc:

Subject:? Skilling interview

Karen,
??????? 2 p.m. Calif time on the 28th is fine for the Skilling interview.
You calling me, or vice versa?
DK


Nicole,

sounds great -- do you know what time the bus picks up ect?  Dana would like
to know also.

Susan

	From:  Nicole Mendez @ ECT                           12/08/2000 02:05 PM

To: Susan Rance/NA/Enron@ENRON
cc:

Subject: Re: Enron Kids

Great.  I will put you down.  There will be bus transportation available for
the sponsors.

Nicole


FYI.

Shirley (3-5290) is making travel arrangements for me.

It makes sense for all of us to stay in the same hotel,
irrespective of individual travel arrangements

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 02/29/2000
07:30 AM ---------------------------

"Rudy, Robert" <Robert.Rudy@kmv.com> on 02/28/2000 08:20:10 PM
To: "'Vince J Kaminski'" <Vince.J.Kaminski@enron.com>
cc:
Subject: RE: Meeting on the 20th of March

Dear Vince,

Thanks for your note.  I look forward to seeing you on the 20th.

We usually recommend our visitors to stay at the Park Hyatt on Battery
Street.  It's a 5 minute cab ride (or an easy 15 minute walk) to our
offices.  Should you decide to walk, it is important that you take Sansome
Street rather than Montgomery.  They are one block apart, but one goes up to
the top of Telegraph hill and ends before continuing at the bottom of a
cliff and the other is relatively flat and is continuous.  There are
detailed directions on our website (www.kmv.com).

See you on the 20th.

Regards,

Rob

-----Original Message-----
From: Vince J Kaminski [mailto:Vince.J.Kaminski@enron.com]
Sent: Monday, February 28, 2000 9:35 AM
To: Robert.Rudy@kmv.com
Cc: Vince J Kaminski; Shirley Crenshaw
Subject: Meeting on the 20th of March

Robert,

This is to confirm the meeting on March the 20th at 9:00 a.m. Enron will be
represented by
Bill Bradford, Bryan Seyfried,,Vasant Shanbhogue and myself.

Could you, please, advise me what is the best hotel where we could stay
overnight,
close to your location?

Vince Kaminski
ENRON  Corp.
1400 Smith Street, Room 1962
Houston, TX 77251-1188
Phone: (713) 853 3848
Fax  :     (713) 646 2503
E-mail: vkamins@enron.com


What time are you leaving today?

Amanda K. Huble
Gas Fundamentals
Phone: (713) 853-4384
Pager: (877) 482-0772
Fax: (713) 646-8453


Yes the guaranty does cover the ENA gas master.   Also, as you may know  this
gty terminates on 10/1/01.

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


Hi Folks,

We've been downgrading Chicago WR Marcus Robinson already with Shane
Matthews throwing the ball but here's more bad news from my friends at
www.nfltalk.com

http://www.sportstalk.com/nfl/rumors/index.shtml From the article:  The
Chicago Bears have informed NFLtalk that wide receiver Marcus Robinson
suffered a lower back strain with muscle spasms in practice yesterday. He
was admitted to Northwestern Memorial Hospital for treatment and observation
last night and was evaluated by Bears team orthopedist Michael Schafer.
Robinson is listed on the Bears injury report as questionable for this
weekend's game with Green Bay and his status will be updated tomorrow.

More as I hear it but right now it's not looking too good.

Joe

To unsubscribe from this group, send an email to:
cheatsheets-unsubscribe@egroups.com


Ben, I think we are OK with switchyard issues for now. Thanks
John

-----Original Message-----
From: Benjamin.Rogers@enron.com [mailto:Benjamin.Rogers@enron.com]
Sent: Monday, October 30, 2000 8:24 PM
To: JDaigh@Utilicorp.com
Cc: Don.Miller@enron.com
Subject:

John:
We are trying to set up a meeting tomorrow to discuss the Wheatland
switchyard issues.  We will have someone from legal, Mitch Robinson and Don
Miller attending for Enron.  Please let me know what time works best for
you for tomorrow morning.  Thanks!
Ben Rogers
(713) 853-7998


Since our department has grown, we have realized the need to add 3 new temporary IDs.  Following the instructions below, please add calendar access rights for EWS Legal Temp IDs 9, 10, and 11 (as show in blue below). While doing this, would you mind checking the other IDs as well to be sure they are listed.  When logging in temporaries we have discovered that some access rights work with some temp IDs, but not all.  Thank you!
================================
For Outlook users only!

Since we have migrated to Outlook, we have not been able to give calendar/e-mail access to the temporaries filling in for our department.  Apparently, the access rights we all had set up in Lotus Notes cannot be migrated to Outlook.  Thus, we need all attorneys and specialists to give access rights to all the department Temporary IDs as soon as possible.  You can control how much access you would like to give, and for what.  For example, you could give full revision access to your calendar and read-only for your e-mail or access only to your calendar and no access to your e-mail.  It's up to you.

Please give access to the following IDs:
EWS Legal Temp 1
EWS Legal Temp 2
EWS Legal Temp 3
EWS Legal Temp 4
EWS Legal Temp 5
EWS Legal Temp 6
Note:  Do not use-Temp 7 is not designated for our temporaries.
EWS Legal Temp 8
EWS Legal Temp 9
EWS Legal Temp 10
EWS Legal Temp 11

To set up access:
1.	Right click on "Outlook Today" at the top of the folders list (if your folders list is not visible, click on "View" and
	then "Folder List")

2.	Left Click on "Properties" at the bottom of the list that pops up

3.	Left click on the "Permissions" tab

4.	Left click on "Add".
	Type "EWS"-the address list will stop on our temp IDs.
	Left click on one of the Temp ID you are adding, left click on the "Add" button.  Repeat for each ID.  (Be careful not
	to add EWS Temp ID 7.  This is not used for our temporaries.)
	Left Click "OK"

5. 	You should now be back in the "properties" box.  Select the first ID you just added, hold down the "Shift" key, then
	left click all the other ID's.  With all IDs now selected and not holding the Shift key down, click in the boxes which
	access you would like to allow the temporaries to have.  (Note:  Do not select anything that has "own" or "owner"
	in it as you are the owner.)  Left Click on "Apply", then "OK".

6.	Right click on your "Calendar" folder and repeat steps 2-5 above.

7.	[Optional].  To give access to e-mail or any other folders you may have, right click on that folder and repeat steps
	 2-5 above.

Regarding the Legal Temp IDs, these set-up instructions need to be completed only once. If your Assistant ever changes, these instructions will come in handy!
Thank you for your time and patience.


Rick asked that I get the US/Canada Goverment Affairs "Working Group" list to
everyone, so here it is!

gngr


Vince,   Iris received an error message when sending this to you so she ask I
forward it to you.     She is currently living in California.

---------------------- Forwarded by Toni Graham/Corp/Enron on 11/15/2000
09:49 AM ---------------------------

"iris mack" <irismmack@hotmail.com> on 11/14/2000 11:20:15 PM
To: vincent.kaminski@enron.com
cc:

Subject: F/U from Iris Mack, MBA/Phd to Enron

Dear Dr. Kaminski,

     How are you?  I seemed to have lost contact with you.  The last contact
was with a Ms. Graham - regarding my coming to Houston for an interview -
while I was still living in London.

     I am now back in the states - where I spent the last few months working
for a dot.com.  Although this internet opportunity was interesting, it was
not a viable one.  I guess part of the technology firm shake out.

     Therefore I am now interviewing again - with investment banks and
insurance companies.  Is Enron still interested in having me come down for
an interview?  If so, please let me know how to proceed.

     Thank you in advance for your time and consideration.

Kind regards,
Iris Mack

925.933.7833
_________________________________________________________________________
Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com.

Share information about yourself, create your own public profile at
http://profiles.msn.com.

 - CV for Iris Mack, MBA, PhD.doc


Stinson,

Cantekin has an interesting background. Please, take a look at his resume.
It's on his web-site. Project on radio and TV broadband.

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 03/29/2000
12:30 PM ---------------------------

"Cantekin Dincerler" <cantekin@mail.utexas.edu> on 03/28/2000 11:48:53 AM
Please respond to cantekin@mail.utexas.edu
To: vkamins@ect.enron.com
cc:  (bcc: Vince J Kaminski/HOU/ECT)
Subject: summer internship

Hi Vince,

I am writing you at this time to inquire as to the potential of renewing my
internship at Enron for the Summer of 2000.

While the date of my request is later than I would have wished, the reason
is that I had originally planned to go back to Turkey this summer and get
my mandatory military duty done. However, I now realize I can put it off to
a further date. That left me wondering if you believe there is a project
that I can get involved in this summer and be useful. If that were the
case, I would be more than happy to postpone my military duty and spend the
summer with the research group. I discussed this with Dr. Ronn, and he is
very supportive of this idea.

I apologize again for bringing up this issue late, and look forward to
hearing from you.

Best regards,

 ---------oOOo-----oOOo----------
Cantekin Dincerler

Doctoral Candidate
The University of Texas at Austin
Graduate School of Business
Department of Finance
office: (512) 471-1676
fax   : (512) 471-5073
home  : (512) 472-5356
http://uts.cc.utexas.edu/~cantekin
 -------------oooO-----Oooo----------


Just a reminder:  Enron offices will be closed on Monday, February 18, for Presidents' Day.  Enjoy the long weekend.


We just received this in electronic form, and are reviewing.
---------------------- Forwarded by Ray Alvarez/NA/Enron on 07/12/2001 05:38
PM ---------------------------

"Ronald Carroll" <rcarroll@bracepatt.com> on 07/12/2001 05:36:02 PM
To: <mmilner@coral-energy.com>, <rreilley@coral-energy.com>,
<ray.alvarez@ei.enron.com>, <acomnes@enron.com>,
<Christi.L.Nicolay@enron.com>, <dfulton@enron.com>, <jsteffe@enron.com>,
<linda.robertson@enron.com>, <richard.sanders@enron.com>,
<robert.frank@enron.com>, <smara@enron.com>, <snovose@enron.com>
cc:

Subject: Fwd: Wagner's Recommendation

Date: Thu, 12 Jul 2001 16:20:56 -0500
From: "Tracey Bradley" <tbradley@bracepatt.com>
To: "Andrea Settanni" <asettanni@bracepatt.com>, "Dan Watkiss"
<dwatkiss@bracepatt.com>, "Ronald Carroll" <rcarroll@bracepatt.com>
Subject: Wagner's Recommendation
Mime-Version: 1.0
Content-Type: multipart/mixed; boundary="=_4D173548.B5D4A936"

** High Priority **

It's attached.  Please take care of getting it to the appropriate people at
Coral and Enron.

 - wagner recommendation.txt


You're booked in Mt. Bachelor from 9:30 to 11 a.m. on Tuesday. I'll swing by
Starbucks in the morning and pick up a variety of bagels and cream cheese for
six people. We'll get a pot of coffee in there and you should be set. Let me
know if there's anything else I can do.

Kate


The information contained herein is based on sources that we believe to be
reliable, but we do not represent that it is accurate or complete.  Nothing
contained herein should be considered as an offer to sell or a solicitation
of an offer to buy any financial instruments discussed herein.  Any
opinions expressed herein are solely those of the author.  As such, they
may differ in material respects from those of, or expressed or published by
on behalf of Carr Futures or its officers, directors, employees or
affiliates.  ? 2001 Carr Futures

The charts are now available on the web by clicking on the hot link(s)
contained in this email. If for any reason you are unable to receive the
charts via the web, please contact me via email and I will email the charts
to you as attachments.

Option Candlesticks
http://www.carrfut.com/research/Energy1/candlesticks24.pdf

Carr Futures
150 S. Wacker Dr., Suite 1500
Chicago, IL 60606  USA
Tel:  312-368-6149
Fax:  312-368-2281
soblander@carrfut.com
http://www.carrfut.com


Hi Vince!

Attached is Part 1 for the "Tiger Team" Application.  NB: Can Shirley please
fill in your fax number?

Thanks!

--Christie.


Bill, I want to thank you and your team for everything you are doing to assist our cause.  I am confident that, together, we shall ultimately prevail.  Good luck on the appeal.  All the best.  Jim


-----Original Message-----
From: 	<Money_Magazine@customersvc.com>@ENRON [mailto:IMCEANOTES-+3CMoney+5FMagazine+40customersvc+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Thursday, June 21, 2001 2:35 PM
To:	Dorland, Chris
Subject:	MONEY order received-Thanks!

Dear Chris:

Thank you for ordering MONEY magazine.  We're confident that MONEY's
in-depth coverage of stocks, funds and personal finance will help you
reach your goals.

We received your order for 12 issues of MONEY on 06/21/01.  Your first
issue should arrive in approximately four weeks.  For your records,
we've included a detailed summary of your order.

Mailing/Account Summary:
--------------------------------------------------------------------
CHRIS DORLAND
ENRON
5151 EDLOE ST APT 14306
HOUSTON       TX 77005-1192

Account Number: 577005DRLEL151C91
(Please keep this for future reference)
--------------------------------------------------------------------

Billing Summary:
====================================================================
Item:     MONEY Magazine
Term:     12 Issues
Payment:  $19.95
Status:   To Be Billed -- Thank You!
====================================================================

BONUS:  You can easily access your subscription details online with
your account number at the MONEY Customer Service site:
http://www.money.com/customerservice.  At this site, you also have
24-hour access to a wide variety of customer service capabilities
including:
** changing your mailing address,
** renewing your subscription,
** paying for your MONEY magazine, and
** ordering gift subscriptions for your friends and family.

Please don't hesitate to contact us if we can be of service in the
future. We can be reached online at
http://www.money.com/customerservice or by phone at 1-800-633-9970.

Thank you again for your order.

Account Number Ref:  577005DRLEL151C91


COMMENTS

Route: 1
 - (Approved) PURSUANT TO LETTER AGREEMENT

FOR THROUGHPUT                                           Market Services
                                                         DATE:  Oct 29, 2001
                                                         CR# 108433 RQST#  42247
                        CONTRACT APPROVAL FORM

NATURE OF CONTRACT: TFX

PARTIES:     Northern Natural Gas Company
             MIDAMERICAN ENERGY COMPANY

SUMMARY OF PRINCIPAL POINTS:

The contract contains Non-Standard Language.

Total Discount: $0.00

Account Manager: FRANK SEMIN, (402) 398-7376

Approval is required of the departments marked with an asterisk (*).
Contact the account manager for additional information.  Please send approval
or comments to EB4135R, Phone:713-853-6182,  Fax: 713-646-8260   ASAP.

  *Marketing, Account Manager: _______________________________   DATE: _________

  *Law, Sr. Counsel:           _______________________________   DATE: _________

  *Regulatory Affairs, Director:_______________________________  DATE: _________

  *Marketing, Regional V.P.:   _______________________________   DATE: _________

________________________________________________________________________
   * Required Signatures


sarah doesn't get in until midnight on the 22nd so unless we can change it to
the 23rd she won't be able to attend


Sonja Matanovic
sonjamatanovic@hotmail.com

To Mr. Ken Lay,

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

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

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

Sincerely,

Sonja Matanovic


Suz,

Please print two originals of this CA (in my CA directory) InterGen North
America CA May 18 rev 1.

Thanks,

Kay


Tana, most happy to send you a copy if this is necessary but a copis of ISDA
Agreements are already sent to Laurie Mayer in ENA Legal. Copies are also
sent to Rod in Credit. Please advise if this arrangement is satisfactory. If
separate copies are required could you come to an arrangement with Laurie?
This would be preferable to couriering another copy across the Pacific!

Copies of the Duke and Citipower ISDAs I believe have already been
distributed. The Duke Guarantee I recall arrived last week and will be faxed
off today. Citipower Pty. had no guarantee.

So Tana probably Laurie would be your best source of our ISDAs, and failing
that Shari Wicks here in Sydney.

To: David Minns/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Juana Fayett/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Tana Jones/HOU/ECT@ECT

Subject: contracts

Hello David.

 I just received a call from ENA legal (EOL) requesting a copy of the
executed Duke Energy Trading & Marketing Pty Limited ISDA with the executed
guarantee attached.  I told them that you had sent me a copy, but it did not
include the guarantee.  From a Credit perspective, I have approved this cp to
trade on-line effective immediately.  However, when you have a chance, please
send a copy of the contract to Tana Jones in ENA Legal.

Also, the same people are looking for a copy of the Citipower Pty ISDA.  I
was not sure that this contract had been executed.  When this contract is
executed, please copy ENA Legal (Tana I suppose) with the guarantee
attached.  Again, from a Credit perspective, Citipower is approved to trade
on-line effective immediately.

Thanks, David.

Rod


---------------------- Forwarded by Chris Germany/HOU/ECT on 03/16/2000 06:28
AM ---------------------------

bperron@columbiaenergygroup.com on 03/15/2000 05:32:31 PM
To: " - *Herzog, Hans" <hherzog@columbiaenergygroup.com>, " - *Kinney, Doug"
<dkinney@columbiaenergygroup.com>, " - *Porter, Jeffrey"
<jporte1@columbiaenergygroup.com>, " - *Dalphon, Charles"
<cdalpho@columbiaenergygroup.com>, " - *Destephanis, Kara"
<kdestep@columbiaenergygroup.com>, " - *Boyd, Heidi"
<hboyd@columbiaenergygroup.com>, " - *Bizik, Kim"
<knovsek@columbiaenergygroup.com>, " - *Stiles, Marianne"
<mstiles@columbiaenergygroup.com>, " - *Flewellyn, Melissa"
<mflewellyn@columbiaenergygroup.com>
cc: " - *Whited, John" <jwhited@columbiaenergygroup.com>, " -
*Chris.Germany@enron.com" <Chris.Germany@enron.com>
Subject: Out of Office

Everyone,

I will be out of the office tomorrow, and Friday, 3/16 & 3/17.  Please contact
Charlie Dalphon, 703-561-6469, if you need gas or have questions.  If there is
an emergency I will have my cell with me, 410-440-4118, or you can try me at
home 410-727-8941.  If you try to call me Friday, please speak loudly, as I
plan to be in a crowd watching basketball and celebrating St. Patrick's day.

Brian


Bloomberg was mistaken on this one. They'll be sending out a new confirm soon.

Thanks,
Kate

Stephanie Piwetz   12/19/2000 02:19 PM

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

Subject: deal 482760.01

Kate,
trade of Tom Alonso
we have term in system as 12/21/00-12/31/00 mon-sat
Bloomberg shows 12/26/00-12/30-00  mon-sat

please check and let me know
Stephanie


CALENDAR ENTRY:	APPOINTMENT

Description:
	Dr. Burbridge Leave at 10:00 for 10:30 appt.

Date:		2/13/2001
Time:		10:00 AM - 11:30 AM (Central Standard Time)

Chairperson:	Outlook Migration Team

Detailed Description:


Can you believe this?  We have more red tape than Washington on this.
---------------------- Forwarded by Randall L Gay/HOU/ECT on 10/17/2000 06:39
AM ---------------------------

	From:  Bryce Baxter                           10/16/2000 05:13 PM

To: Audrey Cook/HOU/ECT@ECT
cc: Stacy E Dickson/HOU/ECT@ECT, Randall L Gay/HOU/ECT@ECT, Julie
Meyers/HOU/ECT@ECT
Subject: Penalties

Stacy Dickson called, and she said penalties for non-performance in the past
have been handled by supplying information to Legal and they will then write
a letter to the counterparty stating that per the contract you were supposed
to deliver X but you didn't perform, so now you owe us $Y.  I asked her what
she would need to do this and she gave me the following list of items.
Please coordinate getting this to her - the spreadsheet you prepared may
already have the volume comparison, prices, and penalty calc in it - we just
need to get copies of the confirms and contracts.  Let me know if you have
any questions.  Thanks.

Counterparty Legal Name
Copy of contract
Confirm
Actual Volumes
Prices (prob gas daily)
Amount we think the penalty should be


-----Original Message-----
From: Emmert, Caroline
Sent: Thursday, September 13, 2001 2:43 PM
To: DL-Portland World Trade Center
Subject: FW: Tribute to the United States

This is so uplifting and appropriate for today, even though it was originally broadcast by Gordon Sinclair (a Canadian radio broadcaster) nearly 30 years ago (1973)!

See also this website:  <http://sinclair.quarterman.org/sinclair/who/gordon.html>

 >TRIBUTE TO THE UNITED STATES
>
>
>The Americans
>
>"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 Americans who poured in billions of dollars and
>forgave
>other billions 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 was there. 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, warmongering 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 spend here.
>
>
>
>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 the Americans 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!
>
>+++++++++++++++++++++++++++++++++++++++++++++++++
>
>This is one of the best editorials that I have ever
>
>read regarding the United States. It is nice that one
>
>man realizes it. I only wish that the rest of the
>
>world would realize it. We are always blamed for
>
>everything, and never even get a thank you for the
>
>things we do.
>
>
>
>Maybe each of you can send this to at least one person
>
>and they might send it to one of their friends until this letter
>
>is sent to every person on the web.
>
>I am just a single
>American that has read this,
>
>I SURE HOPE THAT A LOT MORE READ IT SOON.
>

_________________________________________________________________
Get your FREE download of MSN Explorer at http://explorer.msn.com/intl.asp

  _____

Get more from the Web. FREE MSN Explorer download : <http://explorer.msn.com>


Tempest Reinsurance Company Limited to ACE Tempest Reinsurance Ltd.

Please be advised that the ERMS short name will be changed tomorrow morning,
Friday, December 29.

 Thanks,

Cheryl x33103


Well, what can I say.  It represents job security for all of us!


Howdy all!

Just a reminder that Steve Swain and Gordon Savage will be hosting a Brown Bag Information Session for the URM Specialist, Sr. Specialist or Analyst level opening(s). If you are interested in the position or would like more information, please stop by! See below for details (note room change):

Utility Risk Management Information Session
Specialist, Sr. Specialist, or Analyst opening(s)
Date: Friday, October 5th
Time: 12:00pm - 1:00pm
NEW Location: Mt. Bachelor

If you have any questions, please see me or Julie.

Thanks,
Grace
x8321

 -----Original Message-----
From: 	Kearney, Julie
Sent:	Monday, October 01, 2001 4:40 PM
To:	DL-Portland World Trade Center
Subject:	URM Opening

We currently have an opening(s) in the Utility Risk Management (URM) group reporting to Steve Swain.  Based upon the candidate skill level, the opening(s) will be at the Specialist, Sr. Specialist or Analyst level.

Responsibilities will include:
Building and maintaining forward price curves for a number of utility tariff rates across the WSCC.
Tracking and analyzing URM's portfolio of retail positions.
Preparing daily reports for management that analyze various factors contributing to changes in positions, P/L, hedges, etc.
Performing research and analysis on legislative and regulatory changes that could impact our price cuves and/or positions.
Working closely with the Retail Gen desk to coordinate activities involved in managing EWS's overall retail position.
Research to support the development of effective hedging strategies for the various risk exposures inherent to the URM book.

The ideal candidate(s) will possess sound Excel modeling skills (including at least superficial knowledge of Visual Basic), some familiarity with database systems and/or experience collecting and analyzing large amounts of data, excellent organizational skills, and a solid understanding of financial statements.  While some experience with regulated tariffs and utility cost of service modeling would be helpful, it is not necessary.

For those interested in learning more about the position, or about URM in general, Steve Swain and Gordon Savage will be hosting a Brown Bag Info  Session on Friday, 10/5 from 12-1 PM in Mt. Hood.

If you are interested in this opportunity, please let Julie Kearney know by close of business on Friday 10/5.


ATTORNEY WORK PRODUCT: NOT DISCOVERABLE

 Pursuant to a letter faxed to TVA today, January 27th, we notified TVA that
EPMI was terminating the MOPA effective February 11, 2000 (earliest date
permitted under the MOPA).  At the same time, we filed an amended petition
with the court in Tennessee where EPMI's current claim against TVA (interface
issue) is pending seeking a declaratory judgment that EPMI had the right to
terminate the MOPA.  In order to include this additional claim in the already
filed petition, we will need the approval of the court.

   Copies of the letter will be distributed later .

 Elizabeth Sager
 36349


Go to the first website shown below (http://www.enerfax.com).  Scroll down once you get to this website and you will see an article about fuel cells.

---------------------- Forwarded by Chris Germany/HOU/ECT on 05/09/2001 08:00 AM ---------------------------

"Enerfax Energy" <enerfax1@bellsouth.net> on 05/09/2001 06:32:20 AM
To:	<e@enerfax.com>
cc:
Subject:	Gas Futures Up

Enerfax Daily
NORTH AMERICA'S FREE POWER AND GAS INFORMATION SOURCE
Wednesday, May 9, 2001 No. 736
Visit our website at: http://www.enerfax.com,
if you would like to receive our daily free email write
Enerfax-subscribe@egroups.com.

For Oil Prices & News write enerfaxgold-subscribe@egroups.com
or go to http://www.enerfaxgold.com

Please view in a fixed-width font such as Courier.

GAS FUTURES
Henry Hub
12 Month Strip  4.5322  +0.0236
18 Month Strip  4.4734  +0.0115
| Month | High  |  Low  | Close | Change |
| JUN   | 4.320 | 4.200 | 4.279 | +0.040 |
| JUL   | 4.380 | 4.270 | 4.353 | +0.039 |
| AUG   | 4.457 | 4.360 | 4.425 | +0.035 |
| SEP   | 4.487 | 4.390 | 4.455 | +0.030 |
| OCT   | 4.527 | 4.440 | 4.493 | +0.028 |
| NOV   | 4.710 | 4.625 | 4.673 | +0.023 |
| DEC   | 4.885 | 4.800 | 4.853 | +0.018 |
| JAN   | 4.960 | 4.860 | 4.923 | +0.018 |
| FEB   | 4.820 | 4.820 | 4.803 | +0.018 |
| MAR   | 4.640 | 4.570 | 4.613 | +0.018 |
| APR   | 4.320 | 4.250 | 4.293 | +0.013 |
| MAY   | 4.260 | 4.190 | 4.223 | +0.003 |

PHYSICAL GAS PRICES
| Gulf/Eastern Region              |        |
| Agua Dulce                       |  4.13  |
| ANR SE                           |  4.13  |
| Carthage TG                      |  4.16  |
| Chicago Citygate                 |  4.36  |
| Columbia Gulf Onshore            |  4.17  |
| Dominion TTT South(CNG S. Point) |  4.45  |
| Henry Hub                        |  4.21  |
| Houston Ship Channel             |  4.26  |
| Katy Hub                         |  4.22  |
| NGPL - Midcontinent              |  4.16  |
| NGPL STX                         |  4.11  |
| NGPL TX/OK                       |  4.17  |
| Niagara                          |  4.48  |
| Sonat Tier 1                     |  4.17  |
| TCO IPP Pool                     |  4.44  |
| Tetco ELa                        |  4.16  |
| Tetco M-3                        |  4.57  |
| Tetco STX                        |  4.10  |
| TGP Zone 0                       |  4.11  |
| TGP Zone 1                       |  4.19  |
| TGT Zone SL                      |  4.18  |
| New York Citygate                |  4.58  |
| Transco Station 65               |  4.23  |
| Transco Zone 6 (NY)              |  4.58  |
| Trunk ELa                        |  4.05  |
| Western Region                   |        |
| California Border                | 12.60  |
| El Paso Permian                  |  4.12  |
| El Paso San Juan                 |  3.76  |
| Waha Hub                         |  4.16  |
| Canadian/Rockies Region          |        |
| Nova/Aeco (in C$/GJ)             |  5.76  |
| Dawn Hub/Union                   |  4.48  |
| Northwest Stanfield              |  4.28  |
| Wyoming Pool                     |  3.76  |
| Opal                             |  3.76  |
| PGT-Malin                        |  5.01  |
| Sumas                            |  4.22  |

POWER FUTURES
| Month |   COB   |  Change  |    PV    | Change  |
| JUN   | 350.00  |  +0.00   |  365.00  | +10.00  |
| JUL   | 420.00  |  +45.00  |  430.00  | +10.00  |
| AUG   | 515.00  |  -10.00  |  535.00  |  -5.00  |
| SEP   | 305.00  | -120.00  |  295.00  | +10.00  |
| OCT   | 325.00  |  +0.00   |  190.00  |  +0.00  |
| NOV   | 285.00  |  +0.00   |  135.00  |  +0.00  |
| DEC   | 315.00  |  +0.00   |  140.00  |  +0.00  |
| JAN   | 255.00  |  +0.00   |  130.00  |  +0.00  |
| FEB   | 250.00  |  +0.00   |  120.00  |  +0.00  |
| MAR   | 190.00  |  +0.00   |  110.00  |  +0.00  |
| APR   | 117.00  |  +0.00   |  114.00  |  +0.00  |
| MAY   | 117.00  |  +0.00   |  114.00  |  +0.00  |
| Month | Entergy |  Change  | Cinergy  | Change  |
| JUN   |  71.25  |  +4.25   |  62.75   |  -3.50  |
| JUL   | 110.00  |  +6.00   |  97.50   |  -5.00  |
| AUG   | 110.00  |  +6.00   |  97.50   |  -5.00  |
| SEP   |  45.50  |  +1.50   |  38.75   |  -1.75  |
| OCT   |  40.25  |  +0.75   |  38.25   |  -1.25  |
| NOV   |  40.25  |  +0.75   |  38.25   |  -1.25  |
| DEC   |  40.25  |  +0.75   |  38.25   |  -1.25  |
| JAN   |  43.75  |  +0.75   |  42.50   |  -1.00  |
| FEB   |  43.75  |  +0.75   |  42.50   |  -1.00  |
| MAR   |  38.00  |  +0.25   |  36.00   |  -1.00  |
| APR   |  38.00  |  +0.25   |  36.00   |  -1.00  |
| MAY   |  45.00  |  +0.50   |  41.75   |  -0.25  |

POWER FUTURES
| Month |   PJM   | Change |
| JUN   |  65.50  | +3.50  |
| JUL   | 101.50  | +4.50  |
| AUG   | 101.50  | +4.50  |
| SEP   |  40.25  | -2.50  |
| OCT   |  39.00  | +0.25  |
| NOV   |  39.00  | +0.25  |
| DEC   |  39.00  | +0.25  |
| JAN   |  43.00  | -1.50  |
| FEB   |  43.00  | -1.50  |
| MAR   |  37.00  | -0.75  |
| APR   |  37.00  | -0.75  |
| MAY   |  42.25  | +1.50  |

NATURAL GAS OPTIONS
|       | Closing | Days | Implied ATM |
| Month |  Price  | Left | Volatility  |
| JUN   |  4.279  |  18  |   53.83%    |
| JUL   |  4.353  |  50  |   54.67%    |
| AUG   |  4.425  |  80  |   54.45%    |
| SEP   |  4.455  | 113  |   54.21%    |
| OCT   |  4.493  | 141  |   55.41%    |
| NOV   |  4.673  | 172  |   55.52%    |
| DEC   |  4.853  | 204  |   55.01%    |

PHYSICAL POWER PRICES
|            |  High   |   Low   | Average |
|            |  $/MWh  |  $/MWh  |  $/MWh  |
| Cinergy    |  30.00  |  25.75  |  27.50  |
| ECAR       |  32.15  |  26.50  |  28.25  |
| ERCOT      |  43.50  |  42.50  |  43.00  |
| Entergy    |  39.00  |  34.00  |  36.35  |
| TVA        |  27.25  |  27.00  |  27.15  |
| ComEd      |  28.50  |  27.00  |  27.40  |
| PJM West   |  36.00  |  32.75  |  33.55  |
| Main       |  28.00  |  27.25  |  27.65  |
| MAPP       |  34.00  |  28.50  |  32.00  |
| Palo Verde | 370.00  | 265.00  | 299.95  |
| Mid C      | 360.00  | 285.00  | 327.95  |
| COB        | 360.00  | 360.00  | 360.00  |
| 4 Corners  | 330.00  | 300.00  | 315.00  |
| Mead       | 330.00  | 315.00  | 322.50  |
| NP 15      | 312.00  | 310.00  | 311.00  |
| SP 15      | 270.00  | 270.00  | 270.00  |
________________________________________________

For a Free White Paper Report from FAME:

Forward Curves Managing Price Risk

Go to http://www.fame-energy.com/fcreg.htm
_________________________________________________

Today's Power Bulletins
 * California Says BC Hydro Withholds Power on Credit Concerns
 * California Senator Feinstein Praises Williams Support of Interim Power
Price Caps
 * FPL Group Capital Sells $500 Million 6-Year Notes
 * California Power Prices Soar a Day After Rolling Blackouts
 * AES Suspends $2.5 Billion in Brazilian Investments
 * Enron Bidding on UK Power Plants to Increase Profit and Reduce Risk
 * Lenders to Enron's Troubled Dabhol Power Project in India May Cut
Interest Rate on Almost $2 Billion in Loans to Prevent Default
 * Enron Moves Executives Families Out of India
 * India's Maharashtra State Electricity Board May Fine Dabhol $158 Million
for Allegedly Failing to Generate Power to Full Capacity within 3 Hours of
Starting Plant After 12-Hour Break
 * New World Power Terminates Discussions to Acquire Block Island Power
Company, a Regulated Rhode Island Utility
 * American Electric Power Supplements Investment in Altra Energy
Technologies
 * Niagara Mohawk Files Proposed Settlement on Sale of Nine Mile Point
Nuclear Stations
 * Fitch Encouraged By Nuclear Regulatory Commission's Recent Actions

More stories with bulletins at http://www.enerfactsdaily.com
____________________________________________________

GET REAL about energy risk management with KWI

In today's fast moving energy markets you need to be able to manage risk in
real time.

That means knowing before you hit a risk problem, not afterwards when it may
be too late to prevent big losses spreading right through your enterprise.

With kW3000(tm), our multi-commodity, integrated front to back office
software, you can monitor your Profit At Risk(tm), counterparty risk and
mark-to-market all in real time.

Keep alert to risk. Do it in real time. Call KWI - http://www.kwi.com

Americas: +1-281-681-3301 / Europe: +44 (0) 20-7386-2700 / Asia Pacific:
+61(0) 2-9976-6111
________________________________________________

Today's Gas Bulletins
 * Canadian Natural Resources 1st Quarter Earnings Up 86% on Higher Sales
and Prices
 * Anderson Exploration 1st Quarter Profit Jumps 350%, Beating Expectations
 * National Fuel Gas Expects Acquisition of Player Petroleum to Raise 2002
Earnings Past Analysts' Current Expectations
 * Statoil Says EU Rules May Reduce European Natural Gas Supplies
 * EU Sues French Government to Force Opening of Natural Gas Market
 * Canadian Rigs Drilling Up 7 in Past Week
 * Soaring Natural Gas Prices Help BP to 7th Consecutive Record Quarterly
Profit; Up 52% from a Year Ago
 * Ultramar Raised to Strong Buy on Valero Bid
 * FERC Approves El Paso Plan to Convert 785 Miles of Existing Crude Oil
Pipeline to Transport 230 MMcf per Day of Natural Gas from Texas to
California Border

More stories with bulletins at http://www.enerfactsdaily.com
__________________________________________________

North American Gas Storage Conference
Storage 2001 - 2002:
Source of Stability or Chaos?
June 22, Houston

Find the answers at Ziff Energy's natural gas storage conference.  A
blockbuster roster of industry leaders from the utility, trading, pipeline
and storage sectors in each of the North American storage regions will
present timely, relevant information you can use. This conference will
assist you in making critical decisions about your natural gas storage
strategy for peaking and the remaining seasonal base fill. The game has
changed - storage strategy has been kicked up a notch from buying for
seasonal fill to real-time risk management.

Session 1 Supply Shortage or Storage Inefficiencies: Last Winter's Saga
El Paso Corporation - Byron Wright, VP
Energy Information Administration, DOE - Jim Thompson, Industry Analyst
Keyspan Energy - David Manning, Senior VP, Corporation Affairs
Axia Energy - David Modesett, VP

Session 2 The Changing Storage Paradigm:
Dynamic Storage Service vs Seasonal Fill
AEC Storage & Hub Services Inc. - Rick Daniel, President
Williams Energy Marketing & Trading - Blake Herndon, Director, Risk
Management
NiSource Inc. - T.J. Aruffo, VP Energy Supply Services
Enron North America - Paul Bieniawski, Director
Duke Energy Gas Transmission - David Nightingale, VP MHP

Session 3 Pricing it Right and Reducing Risk:
Can We Expect Stability or Chaos in Winter 2001 - 2001?
Aquila Energy - Mark Cook, VP The Exchange Center Conoco Gas and Power
Marketing - Brad King, VP Storage
Sempra Energy Trading - Dan Guertin, Meteorologist

For more information or to register visit
http://www.ziffenergyconferences.com, call 1-800-853-6252,
or email us at gasconference@ziffenergy.com
________________________________________________

Natural Gas Futures End Higher

    Natural gas futures on the NYMEX closed higher yesterday as traders
sought to cover their short positions due to a feeling that the market was
oversold following the steep decline of the last several days. The June
contract climbed
$0.04 to $4.279 per MMBtu. June rose $0.039 to $4.353 per MMBtu. The market
was basically just marking time until the AGA releases the latest storage
injection figures this afternoon. The AGA is expected to announce an
addition to storage of about 100 Bcf. A somewhat lower injection could spark
a rally because the market has already discounted a triple digit build.
However, an injection of over 115 Bcf could send the market to $4.00 in a
hurry. A year ago, stocks for the same week rose 58 Bcf, and the five-year
average injection is 61 Bcf. Since the AGA began reporting storage data, the
highest ever recorded was 78 Bcf in 1998. If current weather models hold up,
the Midwest and Texas will escape much of the summer's hottest temperatures,
and right now, temperatures are mild across most of the nation. Look for
technical support at the $4.20 level, and resistance is expected at $4.40.
Natural gas for next day delivery across the US and Canada generally slipped
$0.10  $0.15 per MMBtu yesterday, except in the west where most spot prices
rose due to hot weather. Natural for next day delivery at the Henry hub
dropped $0.12 to $4.21 per MMBtu.
________________________________________________

25TH Annual CIS Conference
May 15-18, 2001
Albuquerque, NM

The CIS Conference provides utility management personnel unequaled insight
and current information on customer relationship management (CRM),
e-commerce, technologies and marketing. Fifty-four workshops conducted by
utility industry representatives will focus on issues facing the industry
with over 125 companies exhibiting the latest technologies and services.
Former President George Bush is this year's honored keynote speaker.

Plan now to attend the CIS Conference, May 15 to May 18, in Albuquerque, New
Mexico. To learn more about the Conference and register on-line, please
visit our website at http://www.cisconference.org
_________________________________________________

Natural Gas NYMEX Volume
01JUN   31,687
01JLY    8,252
01AUG    3,731
01SEP    2,665
01OCT    2,878
01NOV    1,411
01DEC    1,912
02JAN    2,614
02FEB    2,190
02MAR    1,617
02APR    2,027
02MAY      998
02JUN       73
02JLY      175
02AUG      128
02SEP       45
02OCT      255
02NOV      176
02DEC      115
03JAN      870
03FEB       87
03MAR       86
03APR       26
03MAY       23
_______________________________________________

ENERGY.
@ENERGY, FEA's Complete Suite of Energy Products,
BUILT FOR THE FUTURE.

*Manage all your energy risks.
*Build and Price deals.
*Value physical assets (generation, storage, etc.)
*Report and reduce your energy risks

FEA
FINANCIAL ENGINEERING ASSOCIATES
http://www.fea.com
_________________________________________________

Fuel Cells 2000 Unveils New Career Center

     Fuel Cells 2000 has launched an online resource center for individuals
interested in pursuing a professional career in the fuel cell industry.  The
resource was created in response to the hundreds of emails and letters
inquiring about employment opportunities in the growing fuel cell job
market. The Fuel Cell Career Center
(www.fuelcells.org/careercenter/fccenterhome.html) provides information in
three separate areas of activity - Education, Employment Opportunities, and
Professional Development - to service every stage of the job search, from
laying the groundwork with a fuel cell-focused degree to training and
workshops at the professional level. * The Educational Activities section
includes background information for students interested in pursuing an
undergraduate or graduate degree involving fuel cell technologies,
internship opportunities and information on curriculum materials and
educational kits for teachers. * For job seekers, the Employment
Opportunities section of the Career center has listings and links to
websites offering jobs within the fuel cell industry, company profiles to
learn more about individual fuel cell companies and their activities, and
will soon have job posting boards for companies to display employment
listings. * For Professional Activities, Fuel Cells 2000 has compiled a
listing of workshops and seminars to provide opportunities for information
exchange and networking in the fuel cell industry as well as links to
Professional Associations related to engineering, fuel cells and renewable
energy.
__________________________________________________

"New Horizons Solutions for the 21st Century"

An Energy Efficiency Workshop and Exposition
Kansas City, Missouri
June 3 - June 6, 2001

For more information go to http://www.energy2001.eee.doe.gov
_________________________________________________

TransCanada to Sell Natural Gas Marketing Unit

    TransCanada PipeLines plans to sell its money losing natural gas
marketing unit to concentrate on more profitable power generating plants and
pipelines. It expects to begin the sale process within the next couple of
months. The natural gas marketing unit had a C$6 million loss in the first
quarter, compared with a C$10 million profit a year ago. Last year,
TransCanada shed C$3.4 billion in unprofitable businesses.
_________________________________________________

SUNGARD

Solutions for Success in Energy Trading

Epsilon and Panorama Energy
Risk and complexity are inevitable components of every trading transaction
within today's volatile energy market.  Having the right tools to manage and
control those risks has become a determining success factor.  SunGard
provides those tools with Epsilon and Panorama Energy - comprehensive
solutions designed to create measurable competitive advantages for energy
trading organizations and utility companies worldwide.

To receive more information or a free demonstration, we invite you to
contact us at 713-266-7771 or visit our web site at
http://risk.sungard.com/energy.
________________________________________________

Weather

    NOAA says last week's total of 26 heating degrees days was 22 less than
the previous week, 26 below normal and 12 below the same week last year. It
also reported a total of 24 cooling degree days last week, 12 more than the
previous week, 12 above normal and seven above the same week last year. The
latest NWS 6 to 10-day forecast calls for above-normal temperatures for most
of the West and Southeast, with below normal readings expected in the
Northeast. Seasonal temperatures were predicted for the Mid-Atlantic, upper
Midwest and parts of Texas, Florida and the Northwest.
________________________________________________

Upcoming Energy Seminars

Power Techniques for Power Purchasing
Baltimore May 10-11, Kansas City Oct 4-5, Las Vegas Nov 29-30

Gas Contracts A - Z 101 & 202
Houston - Fall(see web page for update)

Natural Gas 101
Dallas June 4-5, Houston July 17-18, Philadelphia Aug 9-10,
Houston Sept 13-14, Atlanta Oct 11-12, Houston Nov 27-28,
Oklahoma City Dec 6-7

FASB 133: Accounting for Derivatives
Houston June 15

Basis Trading - Natural Gas
Houston June 13-14, Philadelphia July 12-13,
Houston Aug 16-17, Toronto Sept 20-21, Houston Oct 16-17,
Atlanta Nov 8-9, Houston Dec 13-14

Petroleum Products Hedging
Houston June 26-27, Houston Sept 27-28, Houston Nov 27-28,

Gas Processing Contracts
Oklahoma City Sept 11-12, Houston Nov 13-14

Electricity 101
Houston Jun 13-14, Houston Sept 5-6, Washington DC Oct 23-24, Houston Dec
5-6

Electricity 202
Houston May 8-9, Houston Nov 6-7

Energy Seminars, Inc
Phone 281-362-7979
See http://www.energyseminars.com for more details.
________________________________________________

Enron's Lay Calls for Open Access to Transmission Grid

    Ken Lay, chairman of Enron, says that generators should have easier
access to the power grid. Lay spoke after receiving the US Energy
Association's 2001 US Energy Award, saying that today we don't have open
access to the transmission grid, and we could get more power into the West
if we had open access. He says the FERC should open up the power grid
throughout the nation so generators no longer have to pay a series of
separate fees to move electricity from one region to another. He also says
FERC has the authority to open up the power grid in the same way that
natural gas pipeline transmissions work. It's clear we've under-invested in
energy infrastructure in the last 10 to 15 years, and it's going to take a
few years to correct that.
________________________________________________

And now there's FASB 133.  So history will affect reported earnings, because
hedge efficiencies and derivative valuations will hit the bottom line.

At FAME, we deliver quality historical information and analysis. For your
FREE copy of the recent report, Protecting Your Earnings: Managing the FASB
133 Challenge, visit www.fame-energy.com
_______________________________________________

Kinder Morgan and Calpine Offer 2 Open Seasons
for Sonoran Pipeline

    Kinder Morgan Energy Partners and Calpine have announced that two open
seasons have begun and will continue through June 1st on the recently
announced Sonoran Pipeline.  A binding open season is being held on Phase
One of Sonoran - which would run from the San Juan Basin in New Mexico to
the California border - to give shippers the opportunity to commit to firm
capacity on the pipeline.  A non-binding open season is being held
simultaneously on Phase Two of the project - which would extend the pipeline
from the California border to the San Francisco Bay area - to give potential
shippers the opportunity to express their interest in obtaining firm
capacity to California delivery points.  Sonoran has received a binding
commitment from Calpine Energy Services for 400,000 Dth per day on Phase One
and a non-binding commitment for 500,000 Dth per day for Phase Two. The
proposed pipeline will be a 1,030-mile, high-pressure interstate natural gas
pipeline from the San Juan Basin in northern New Mexico to markets in
California and is projected to be in-service date by the summer of 2003.
_______________________________________________

Progas Storage Services, Inc

was recently organized to offer specialized natural gas storage services to
marketers and end users servicing the upper Midwest and Northeast market
regions along the major transmission systems in Indiana, Illinois, Kentucky,
and Michigan. PGSMI has 10 bcf of potential working capacity which will
offer service along TXG, ANR, Midwestern, and is currently evaluating for
purchase another 21 bcf of potential working capacity which can be serviced
by these and other systems in the region. PGSMI also explores for natural
gas in the Gulf Coast region through a wholly owned subsidiary. Progas
intends to go public through a route of private industry offerings, and an
IPO or registration. For more information on services or the company mail
to: gastorage@aol.com or for AOL mail to gastorage@aol.com; web site
currently under construction at: http://www.progas.net/wip.

The company's executive and administrative office is located in Abilene,
Texas with storage operations in Owensboro, KY and exploration operations in
Corpus Christi, TX.

Progas Storage Services, Inc
8610 S. Hwy 277
Abilene, TX 79606

Ph 915 698 3699
Fx 915 698 2859
_____________________________________________

Power Suppliers to Meet with California Governor

    Executives from energy suppliers are meeting with Californias governor
today, and several are willing to discuss concessions that include price
limits on power sold within the state. Last week the governor said he would
seek to force the suppliers to accept reduced payment for billions of
dollars owed by the states utilities. In the face of a state investigation
into alleged market manipulation, some generators are willing to discuss
limits on prices for some electricity sold to the state. Williams says it is
prepared to support temporary price controls that would extend through the
summer of 2002. Williams is also willing to discuss a range of possible
alternatives for repayment of past debts owed to it. Reliant will reiterate
an earlier offer to sell some electricity to the state at $20 per MWh if the
buyer will pay for the natural gas to generate the power. Duke Energy has
proposed accepting less than full payment for power sold to the state in
return for an end to state and federal investigations into the prices they
charged. Duke, Enron, AES, Dynegy, Mirant, El Paso Energy, Reliant, and
Williams will all send executives to Sacramento to the meeting.
______________________________________________

GasTrader.Net

BULLS CAUTIOUS
In spite of slip sliding natural gas prices, analysts are still cautiously
bullish. There seems to be little incentive to abandon the bullish cause
with the prospects of hot summer weather looming."This is a weak market, but
I think that below $4.60 you have to anticipate the return of industrial
demand. It's really a wild card as to whether that demand will take the edge
off the current large injections. Over the past month, the market has gone
through a major change. Production has increased, storage  is higher, and
the injection last week at 102 BCF was the largest since June of 1998,' says
George Ellis, broker analyst with BNP Paribas, New York. "I was skeptical of
 the whole concept of demand erosion, but it's obviously real and when you
combine that with an increase in production, the supply demand balance
becomes clear. There is potentially more room to the downside, but the wild
card is weather and if that kicks in, prices could move sharply higher. If
prices fell to $4.38 then that would be a reason to put on another 25%
hedge. As long as we're holding these prices I think there's a good chance
prices will rally higher. I'm cautiously bullish. I would not be an
aggressive seller," he said.

For a Complimentary 5 week GasTrader Subscription go to
http://www.gastrader.net or call 303/761-7470
_____________________________________________________

TRENTON/BLACKRIVER "BOOM" IN WEST VIRGINIA

Land and Mineral Development LLC., Vienna, West Virginia, owns 85,000 acres
of mineral rights in Southeastern West Virginia. The first
Trenton/Blackriver production found in the state, was in a well drilled in
1962 by Tidewater Oil Company adjoining our property. We need an industry
partner. Geophysicist report and other information available.  The 85000
acres would also make a great gas storage field.

We also have another small storage field for sale near the new Trenton
Wells.

Email - Driller@wirefire.com
Qualified Industry Principals only please.
This is not an offer to sell anything to anyone.

Land and Mineral Development LLC.,
P.O. Box 5370
Vienna, West Virginia, 26105
(304) 295-3333
_______________________________________________

Blackouts Hit California Again

    California residents suffered through a second day of rolling blackouts
yesterday as temperatures soared, driving demand ahead of supply. The
California ordered that as of 3:10 PM the state's utilities must cut 400 MW.
Blackouts had been forecast by the ISO since early in the morning with the
heat coming at a time when many power plants are still off-line for
maintenance. The Los Angeles Department and Power, was as usual was excluded
from the blackouts. The LADWP is not under the ISO's control and has more
than enough generation to meet its demand. The ISO said demand was running
about 1,000 MW above Monday's levels. Earlier Tuesday, the ISO had projected
blackouts could be ordered before noon, but the return to service of two
500-kilovolt lines operated by BC Hydro meant more power was able to flow
south. About 700 MW produced by small suppliers, known as Qualifying
Facilities, are currently offline because they have not been paid. The hot
temperatures are likely to continue today, with the threat of more
blackouts.
_______________________________________________

CAMINUS
ENERGY SOFTWARE
SHOWCASE 2001
HOUSTON, TEXAS

You're Invited
To a four hour exposition of software and services that will set the new
standard for the energy trading, scheduling, and risk management. Join us
and compare your existing system with our latest product offerings.

Thursday, June 14, 2001. 3p.m. to 7p.m.
Houston Petroleum Club
800 Bell Avenue, 43rd Floor

For more information or to register on-line, visit http://www.caminus.com.
You may invite up to two qualified colleagues to join you.

Nucleus Software . ZaiNet Software
ZaiNet Gasmaster 2 . ZaiNet WeatherDelta
___________________________________________________

FINANCIAL SUMMARY
The TSE 300 gained 41.60 points to 8064.20
The CRB Index lost 0.02 points to 214.60
The US Dollar increased 0.69 points to 116.08
The Dow declined 51.66 points to 10883.51
The S&P 500 lost 2.31 points to 1261.20
The Nasdaq was up 25.20 points to 2198.77
June NYMEX Crude Oil dropped 0.47 to 27.39
Canadian-US Exchange rose .0041 to 1.5444
___________________________________________________

EnerfactsDaily Job Center at http://www.enerfactsdaily.com

New Job Postings Include:
 * Sales-Business Development
 * Operations Specialist
 * Account Director -Marketing/Transportation
_____________________________________________________

Need a past issue of Enerfax Daily or Enerfax GOLD. Past issues are
available on Sagewave at
http://www.sagewave.com/D2/autolog/common/log.asp?KEY=enerfax
______________________________________________________

Please welcome our advertisers by visiting these websites.
http://www.kwi.com
http://www.fea.com
http://www.caminus.com
http://www.progas.net/wip
http://www.fame-energy.com
http://www.cisconference.org
http://www.energyseminars.com
http://risk.sungard.com/energy
http://www.energy2001.eee.doe.gov
http://www.ziffenergyconferences.com

Enerfax Daily is North America's gas and power information source. it is
sent to you free of charge. Enerfax Daily may be copied and redistributed in
its entirety to all interested energy professionals. Please e-mail us at
enerfax@enerfax.com, or for AOL e-mail to enerfax@enerfax.com with the
e-mail addresses of other energy professionals that would like to be added
to Enerfax Daily's growing distribution list of thousands of energy
professionals in the US and Canada, or to be removed. The information
contained herein was obtained from sources which Enerfax Daily believes to
be reliable, but does not guarantee its accuracy. Your support of our
advertisers is greatly appreciated and will keep Enerfax Daily free. Thank
you. Your comments are welcome.

For information on advertising, please write advertise@enerfax.com, or for
AOL write to advertise@enerfax.com


Great!  I look forward to our dinner on Thurs. 12/7 evening.  Hopefully your
flight will be on time... although having watched 60 minutes last night and
suffered from a # of delays lately, let's hope that the "weather blame"
doesn't get in the way.  It's best to leave me a message @ my usual work #
on Thurs., 914 253 4187, ... I can easily check it in Houston.

I'll be staying @ the Westin Oaks in The Galleria... any preferred place
that I can book (& for what time)??  Coming over to down town won't be a
problem for me either.

Will be great to see you again.
Soussan
914 253 4187

 -----Original Message-----
From:  Vince.J.Kaminski@enron.com [mailto:Vince.J.Kaminski@enron.com]
Sent: Monday, November 27, 2000 12:10 PM
To: faizs@texaco.com
Cc: Vince.J.Kaminski@enron.com
Subject: Re: Houston visit

Soussan,

Thanks for your message. It would be great to meet you when you come to
Houston.
 I shall be in town on December 7,  flying back from Philly in the morning.
Assuming that the flight is on schedule, I shall be available for dinner.
Please, let me know how I can contact you on Thursday, December the 7th,
to confirm.

Look forward to meeting you.

Vince

"Faiz, Soussan" <faizs@texaco.com> on 11/26/2000 09:04:01 PM

To:   "'Vince.J.Kaminski@enron.com'" <Vince.J.Kaminski@enron.com>
cc:
Subject:  Houston visit

Dear Vince,

Greetings from NY and hope that all is well and you had a great
Thanksgiving.  I'll be coming to Houston for 12/6-12/7 and hope you are
available either evening for dinner.  Would be great to see you again and
catch up with the latest... I really enjoyed my visit last April, your
insights, and the risk book you gave me.

I do hope you're available to meet and pls let me know which evening suits
you better.

Best,
Soussan Faiz
Texaco Inc.
914 253 4187


Start Date: 4/20/01; HourAhead hour: 3;  HourAhead schedule download failed.
Manual intervention required.


Thank you for subscribing to the Alaska Airlines and Horizon Air Web
Specials Announcement Service.

Web Specials are a great way to save on flights with Alaska Airlines and
Horizon Air.  Web Specials can only be purchased online through the Alaska
Airlines/Horizon Air Web Site.

Alaska Airlines and Horizon Air offer Web Specials for travel originating
Thursday, 1/04/01 or Saturday, 1/06/01, and returning Saturday, 1/06/01
or Monday, 1/08/01 or Tuesday, 1/09/01.

Hurry, seats are limited, prices and markets subject to change.

The current specials are shown below (all fares quoted in US dollars)
without airport fees and segment tax:

Roundtrip Coach fares for travel between:

Anchorage, AK       -   Cordova, AK       $139.00
Anchorage, AK       -   Sitka, AK         $239.00
Boise, ID           -   Lewiston, ID      $ 59.00
Boise, ID           -   San Jose, CA      $ 99.00
Burbank, CA         -   Juneau, AK        $299.00
Burbank, CA         -   Portland, OR      $189.00
Cordova, AK         -   Anchorage, AK     $139.00
Eugene, OR          -   Los Angeles, CA   $219.00
Eugene, OR          -   Portland, OR      $ 59.00
Fresno, CA          -   Seattle, WA       $149.00
Juneau, AK          -   Burbank, CA       $299.00
Juneau, AK          -   Ketchikan, AK     $119.00
Juneau, AK          -   Wenatchee, WA     $239.00
Ketchikan, AK       -   Juneau, AK        $119.00
Lewiston, ID        -   Boise, ID         $ 59.00
Los Angeles, CA     -   Eugene, OR        $219.00
Los Angeles, CA     -   Spokane, WA       $209.00
Oakland, CA         -   Portland, OR      $109.00
Ontario, CA         -   Wenatchee, WA     $209.00
Pasco, WA           -   Portland, OR      $ 59.00
Phoenix, AZ         -   Seattle, WA       $199.00
Portland, OR        -   Burbank, CA       $189.00
Portland, OR        -   Eugene, OR        $ 59.00
Portland, OR        -   Oakland, CA       $109.00
Portland, OR        -   Pasco, WA         $ 59.00
Portland, OR        -   Sacramento, CA    $ 70.00
Portland, OR        -   San Diego, CA     $189.00
Portland, OR        -   Spokane, WA       $ 60.00
Sacramento, CA      -   Portland, OR      $ 70.00
Sacramento, CA      -   Wenatchee, WA     $119.00
San Diego, CA       -   Portland, OR      $189.00
San Diego, CA       -   Wenatchee, WA     $209.00
San Francisco, CA   -   Seattle, WA       $119.00
San Francisco, CA   -   Wenatchee, WA     $119.00
San Jose, CA        -   Boise, ID         $ 99.00
Seattle, WA         -   Fresno, CA        $149.00
Seattle, WA         -   Phoenix, AZ       $199.00
Seattle, WA         -   San Francisco, CA $119.00
Seattle, WA         -   Wenatchee, WA     $ 59.00
Sitka, AK           -   Anchorage, AK     $239.00
Spokane, WA         -   Los Angeles, CA   $209.00
Spokane, WA         -   Portland, OR      $ 60.00
Spokane, WA         -   Tucson, AZ        $219.00
Tucson, AZ          -   Spokane, WA       $219.00
Wenatchee, WA       -   Juneau, AK        $239.00
Wenatchee, WA       -   Ontario, CA       $209.00
Wenatchee, WA       -   Sacramento, CA    $119.00
Wenatchee, WA       -   San Diego, CA     $209.00
Wenatchee, WA       -   San Francisco, CA $119.00
Wenatchee, WA       -   Seattle, WA       $ 59.00

Additional markets are available at
http://shopping.alaskaair.com/webspecials/start.asp. Check the Alaska Web
Specials page periodically as additional markets and dates may be added.

Web Special details:
Valid on Alaska Airlines or Horizon Air only.
Seats are limited and may not be available on all flights/dates.
Offer is for a very limited time and is subject to change without notice.
Valid on new bookings only.
Reservations must be made using the Alaska Airlines Web Site. Tickets
require immediate purchase by credit card when reservations are made.
Ticketing will be electronic, using Instant Ticket services.
Tickets are non-refundable, non-changeable and are of no value after the
last date of your planned travel.
Fares quoted do not include Passenger Facilities Charges of up to $12 or
segment fees of $2.50 per flight segment. A flight segment is defined as
one takeoff and one landing.
Other restrictions apply.

For special value rates at Hilton Hotels in Alaska Airlines cities visit
the Hilton Web site at:
http://www.hilton.com/specials/values/akairvalues.html

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 to our Email Notification Service 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.


Nelson, are you in contact with this customer?  I have not heard from them
regarding the draft of the master.   Please advise of status.  Also, I do not
have a phone number for Mr. Madden.  Would you send me his phone / fax number.

Thanks,
DP


have you sent it to frank?

 -----Original Message-----
From: 	Postlethwaite, John
Sent:	Monday, December 10, 2001 10:29 AM
To:	White, Stacey W.
Subject:	RE: trader performance for November:

It's already done, unless there is more to do that I am not aware of.

 -----Original Message-----
From: 	White, Stacey W.
Sent:	Monday, December 10, 2001 7:59 AM
To:	Evans, Casey; Postlethwaite, John
Subject:	trader performance for November:

Could you have someone put together the trader performance spreadsheet for November?

Thanks,
Stacey
 -----Original Message-----
From: 	Hayden, Frank
Sent:	Monday, December 10, 2001 9:00 AM
To:	Gossett, Jeffrey C.; White, Stacey W.
Subject:

I've been getting plenty of request for perf reports.   Any chance you guys could send me pnl history by trader for month of November?
Thanks,
Frank