Here's another one.
---------------------- Forwarded by Mark Taylor/HOU/ECT on 02/11/2000 04:40
PM ---------------------------

Dale Neuner on 02/11/2000 03:01:17 PM
To: Mark Taylor/HOU/ECT@ECT
cc:
Subject: Gas Daily Henry Hub

Mark - the Nat Gas traders would like to commence trading a daily Physical
Index product based on Gas Daily - Henry Hub. Please review the attached and
approve/offer comments.


Greg,

Please find the attached form agreements as requested.  The Sam3102 document
is a Master Firm Enfolio Purchase-Sale Contract.

Eric Gillaspie
713-345-7667
Enron Building 3886


Today, Enron hosted a conference call to give investors a current overview of the company. Here's an update of what we discussed during the call.

We told investors that we're doing everything we can to protect their interests and to regain their confidence. Our focus remains on our credit quality, balance sheet and liquidity, which are essential for our continued success and expansion of our wholesale businesses.

It took more than a few weeks to get where we are today. Here's a snapshot of significant events that led to our current situation:

-- In hindsight, we definitely made some very bad investments in our non-core businesses over the past several years. Those include investments in Azurix, India and Brazil. They have performed far worse that we could have ever imagined when we made these investments;

-- Because of these bad investments, we've become over-leveraged as a company. The negative impact of those investments was exacerbated through the extensive use of debt capital both on and off our balance sheet;

-- We also entered into related party transactions that led to a loss of investor confidence, which has been very damaging;

-- We've been criticized for our lack of transparency and our hard-to-understand financial and operating disclosures; and

-- On top of it all, we discovered errors in our financial statements, as discussed in our 8-K filing last week, that required a restatement of previously reported earnings.

We've taken a new look at our businesses and have separated them into three areas: core businesses, non-core businesses, and businesses under review.

Core Businesses

Our core businesses remain strong and consistent sources of significant earnings and cash flows for the company. They're our competitive advantage. These include:

-- Natural gas pipeline businesses;

-- Gas and power businesses in North America and Europe;

-- Retail businesses in North America and Europe; and

-- Coal businesses in North America and Europe.

The events of the past few weeks have had a temporary negative impact on our projected fourth quarter profitability. It's too early to tell at this time what impact this might have on our operating results. We are considering these actions now so that we can quickly return to normal business in 2002.

I also remain optimistic that the actions we've taken over the past couple of weeks have addressed our customer and counterparty credit and liquidity concerns. According to our business unit leaders, we have definitely seen improvement in our counterparty relationships.

Non-Core Businesses

Our non-core businesses include our global assets group and our broadband division. We have invested more than $8 billion in these businesses, and the return from them has been dismal.

We have an aggressive program in place to exit these businesses and expect that the sale of these businesses will generate billions of dollars in cash that we can use to repay debt and reinvest in our core businesses. We already have more than $800 million in assets contracted for sale this year. They include CEG Rio, a gas LDC in Brazil; EcoElectrica, a power plant and LNG receiving terminal in Puerto Rico; and asset sales of offshore oil and gas properties in India. The approximately $2.9 billion Portland General sale is also on target to close in late 2002 pending regulatory approvals.

Businesses Under Review

These businesses are comprised of those operations outside our power and gas wholesale businesses and include global and industrial markets. While several of these businesses have very strong future prospects, we need to determine if their capital requirements and near-term growth prospects are sufficient enough in terms of earnings and cash generation.

Reviewing our businesses this way will help determine where we need to make reductions to our work force. More information will follow as soon as it becomes available.

Credit Rating/10-Q Filing

We continue to meet regularly with credit rating agencies and believe that our liquidity enhancements and scheduled asset sales will strengthen our balance sheet and maintain our investment grade credit rating. Our current credit ratings by the three major rating agencies are as follows:

-- Moody's at Baa3       "Under Review for Further Downgrade"

-- Fitch at BBB-             "Evolving Status"

-- S&P at BBB-              "CreditWatch Negative"

We also discussed our existing financial vehicles, including Osprey, Marlin and Yosemite, in further detail. We told investors that we will file our 10-Q five days late due to our current activities. It will be filed on Nov. 19.

We will continue to have updates with investors over the coming weeks as well as our frequent updates with you. The full transcript of our conference call will be filed with the Securities and Exchange Commission in the next few days. It will also be posted on our web site at www.enron.com/corp/investors under "SEC Filings."

In connection with the proposed transactions, Dynegy and Enron will file a joint proxy statement/prospectus with the Securities and Exchange Commission. Investors and security holders are urged to carefully read the joint proxy statement/prospectus regarding the proposed transactions when it becomes available, because it will contain important information. Investors and security holders may obtain a free copy of the joint proxy statement/prospectus (when it is available) and other documents containing information about Dynegy and Enron, without charge, at the SEC's web site at www.sec.gov. Copies of the joint proxy statement/prospectus and the SEC filings that will be incorporated by reference in the joint proxy statement/prospectus may also be obtained for free by directing a request to either: Investor Relations, Dynegy Inc., 1000 Louisiana, Suite 5800, Houston, TX 77002, Phone: (713) 507-6466, Fax: (713) 767-6652; or Investor Relations, Enron Corp., Enron Building, 1400 Smith Street, Houston, TX 77002, Phone: (713) 853-3956, Fax: (713) 646-3302.

In addition, the identity of the persons who, under SEC rules, may be considered "participants in the solicitation" of Dynegy and Enron shareholders in connection with the proposed transactions, and any description of their direct or indirect interests, by security holdings or otherwise, are available in an SEC filing under Schedule 14A made by each of Dynegy and Enron.


Wait to send  the agreement until credit  gives the ok regarding credit language.

Thanks
 -----Original Message-----
From: 	Pollan, Sylvia S.
Sent:	Wednesday, August 08, 2001 12:27 PM
To:	Perlingiere, Debra
Subject:

Debra,

Will you send me the master agreement on NG Energy so that I can forwarded it to them to sign.

Thanks,

Sylvia


This just came in - I think Brad is the lead commercial guy on the project.
----- Forwarded by Mark Taylor/HOU/ECT on 11/21/2000 04:10 PM -----

	Brad Alford
	11/21/2000 04:08 PM

		 To: W David Duran/HOU/ECT@ECT, Joseph Deffner/HOU/ECT@ECT, Brian
Kerrigan/HOU/ECT@ECT, Charles Ward/Corp/Enron@ENRON, Lisa
Mellencamp/HOU/ECT@ECT
		 cc: David Leboe/HOU/ECT@ECT, Chip Schneider/NA/Enron@Enron, Lewis
Worthy/HOU/ECT@ECT, Christopher Coffman/Corp/Enron@Enron, Kevin
Liss/Corp/Enron@ENRON, Shirley A Hudler/HOU/ECT@ECT, Stephen H
Douglas/HOU/ECT@ECT, Robert Eickenroht/Corp/Enron@ENRON, Todd
Busby/NA/Enron@Enron, John Griffith/Corp/Enron@Enron, William S
Bradford/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, bkalford@swbell.net,
mattcook@velaw.com, dstone@velaw.com, mspradling@velaw.com
		 Subject: 11-21-00 EPG/ECP Transaction Update

It has been ten very hectic days since I last broadcast an update.  As most
of you know we have had significant issues with El Paso regarding their
willingness to cooperate in the monetization of the Mesquite Notes we were to
receive in the transaction.  The worst issues have revolved around the
structure and strength of the El Paso parent contingent guarantee and the
structure and necessary Mesquite and El Paso disclosures required to monetize
the Notes.  Accordingly we made a proposal to El Paso on Wednesday of last
week to change the fundamental structure of the transaction.

Our proposal was to have El Paso provide us with a commodity contract under
ISDA documents (but without a collateral threshold) and the usual
unconditional parent guarantee that was "in the money" with payment terms
identical to the deferred payments we were to receive under the Mesquite
Notes.  El Paso obtained the necessary clearances for such a transaction
Friday night.  We now expect to pursue this structure instead of the more
difficult 144A monetization.  I have attached a Transaction Summary and a
transaction diagram to help explain the specific of our proposal.  In
addition, I have attached a revised offer analysis; we now expect slightly
lower monetization costs.

With the 144A issues off the table we believe that we will now be able to
sign a Transaction Agreement by the end of next week.  We also expect it to
be much easier to satisfy by year end the resulting shorter list of
conditions precedent to closing.

There have been some other minor changes the most significant of which is
that Merlin will not be selling its $30mm of SubNotes as part of this
transaction.  Please call if you have any questions.


L:ovely choice!

	"Ray & Beryl Mack" <rayberyl.mack@worldnet.att.net>
	05/10/2001 09:32 PM

		 To: <Tana.Jones@enron.com>
		 cc:
		 Subject: Re: May 19 Church Gourmet Cajun Dinner

Looking forward to being with the party.  I will make Banna's Foster.

Ray Mack
----- Original Message -----
From: <Tana.Jones@enron.com>
To: <cttng@pdq.net>; <Alicia.Goodrow@enron.com>; <henryg@shellus.com>;
<ah692217@bcm.tmc.edu>; <rayberyl.mack@worldnet.att.net>
Sent: Wednesday, May 09, 2001 6:31 PM
Subject: May 19 Church Gourmet Cajun Dinner

> I look forward to having you all as guests for an evening of Cajun cooking
> at my home on Saturday, May 19 at 7:00 pm.  Some of us (I won't name
> names!) are hoping we might even have enough time to play a wicked game of
> African Uno!
>
> Below is the list of the individuals attending the dinner at my home, and
> attached below are the recipes for the evening.  I will provide beer, wine
> and soft drinks.  In addition, I will make a big pot of white rice to go
> with the Red Beans & Rice, & Shrimp Etouffe.
>
> Please let me know as soon as possible which recipe you would prefer to
> prepare.
>
> Laura Johnson (1)
> Charles and Janice Thompson (2)
> John Hagood (1)
> Ann Hutson (1)
> Henry and Alicia Goodrow (2)
> Beryl and Ray Mack (2)
> Tana Jones (1)
>
> The directions to my house are as follows:
>
> 1.  Take 59 to the Greenbriar exit (like you are going to Church)
> 2.  Make a right on Greenbriar
> 3.  Quickly get into the left lane because you will have to make the first
> left possible onto a street called Milford
> 4.  Then, make a left onto Shepherd (you need to go back one street in the
> opposite direction)
> 5.  The first right will be Banks Street (it is the street right next to
> the 59 freeway)
> 6.  On Banks, go past the first stop sign, I will be the 3 or 4th house on
> the left, a taupe colored, ivy covered cottage, 1920 Banks
> 7.  My phone number is (713) 529-1038
>
> (See attached file: Church Gourmet 51901.doc)
>
>


Kristina:
This looks fine to me.

Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com

	"Drew, Kristina" <DrewK@merchantenergy.com>
	06/07/2001 10:04 AM

		 To: "'carol.st.clair@enron.com'" <carol.st.clair@enron.com>
		 cc: "'Rhonda.L.Denton@enron.com'" <Rhonda.L.Denton@enron.com>, "Abba Gana,
Mustapha" <AbbaGanaM@merchantenergy.com>
		 Subject: RE: MEGA Assignment

Carol,

For your review, I've attached the adjustments our legal department is
proposing to the Consent to Assignment since receiving your red-lined
version from Rhonda Denton.  As to the transfer effective date, since we are
now into June, we would expect the transfer date to be as of July 1st.
Please let me know as soon as possible your comments on MEGA's most recent
proposed Consent to Assignment (attached below).

 <<MEGA  Assignment Consent Agreement  Version 2 RED_.doc>>

Thanks,

Kristina M. Drew
Contract Administrator
Merchant Energy Group of the Americas, Inc.
410.295.1708

> -----Original Message-----
> From: Rhonda.L.Denton@enron.com [SMTP:Rhonda.L.Denton@enron.com]
> Sent: Wednesday, June 06, 2001 3:24 PM
> To: DrewK@merchantenergy.com
> Cc: Carol.St.Clair@enron.com; Wendy.Conwell@enron.com
> Subject: Re: MEGA Assignment
>
> Kristina, here are the proposed changes to the Assignment Consent
> Agreement.  Our attorney is Carol St. Clair .  Please respond to her (and
> copy me if via email) with your response to the proposed changes.  She
> indicated that we are negotiating an amendment to our master with Morgan
> in
> order to accommodate this assignment so we will not be executing the
> Assignment Consent Agreement until Enron and Morgan sign the amendment to
> our Master with them.   We need to know from MEGA and Morgan what the
> transfer effective date is that establishes the cutoff date for these
> trades as between ourselves and each of Morgan and MEGA.  She indicated
> that her revised draft of the Consent makes it clearer how this cutoff
> date
> works.  Carol's contact information is below.
>
> Carol St. Clair
> 713-853-3989 (Phone)
> 713-646-3393 (Fax)
> carol.st.clair@enron.com
>
> (See attached file: MEGA  Assignment Consent Agreement  Version 2.doc)(See
> attached file: MEGA  Assignment Consent Agreement  Version 2 RED.doc)
>
>  << File: MEGA  Assignment Consent Agreement  Version 2.doc >>  << File:
> MEGA  Assignment Consent Agreement  Version 2 RED.doc >>

 - MEGA  Assignment Consent Agreement  Version 2 RED_.doc


Bruce,  Give me a call when you get a chance.  We have much to talk about in recruiting.  Let's see.......  Albert Hardy, Rodrique Wright, and now Marco Martin.  Unbelievable.  If we could only land Vincent Young.


Eloise,

I shall buy one "Medium".

Vince

Eloise Meza@ENRON
06/20/2000 03:51 PM
To: Vince J Kaminski/HOU/ECT@ECT, Stinson Gibner/HOU/ECT@ECT, Vasant
Shanbhogue/HOU/ECT@ECT, Mike A Roberts/HOU/ECT@ECT, Joseph
Hrgovcic/HOU/ECT@ECT, Grant Masson/HOU/ECT@ECT, Tanya
Tamarchenko/HOU/ECT@ECT, Vincent Tang/HOU/ECT@ECT, Martin Lin/HOU/ECT@ECT,
Maureen Raymond/HOU/ECT@ECT, Paulo Issler/HOU/ECT@ECT, Patricia
Tlapek/HOU/ECT@ECT, Farouk Lalji/HOU/ECT@ECT, Kevin G Moore/HOU/ECT@ECT,
Shalesh Ganjoo/HOU/ECT@ECT, Cantekin Dincerler/HOU/ECT@ECT, Alex
Huang/Corp/Enron@ENRON, William Smith/Corp/Enron@ENRON, Yanna
Crystal/Corp/Enron@ENRON, Jose Marquez/Corp/Enron@ENRON, Chonawee
Supatgiat/Corp/Enron@Enron, Tom Halliburton/Corp/Enron@Enron, Elena
Chilkina/Corp/Enron@Enron, Brad Aimone/NA/Enron@Enron, Datren
Williams/NA/Enron@Enron, Sevil Yaman/Corp/Enron@Enron, Sofya
Tamarchenko/NA/Enron@Enron, Bob Lee/NA/Enron@Enron, Ainsley
Gaddis/NA/Enron@Enron, Gwyn Koepke/NA/Enron@Enron, Guiseppe
Paleologo/NA/Enron@Enron, Eloise Meza/NA/Enron@Enron, Zimin Lu/HOU/ECT@ECT,
Pinnamaneni Krishnarao/HOU/ECT@ECT, Alexios Kollaros/HOU/EES@EES, Osman
Sezgen/HOU/EES@EES, Amitava Dhar/Corp/Enron@ENRON, Kevin
Kindall/Corp/Enron@ENRON, Clayton Vernon/Corp/Enron@ENRON, Samer
Takriti/Enron Communications@Enron Communications
cc: Shirley Crenshaw/HOU/ECT@ECT
Subject: Research Group Denim Shirts

I am going to order denim shirts for the Research Group again.  If you do not
have one or need a new one, please let me know by Friday, June 23, 2000.

FYI - new group members
The Research Group will provide you with a long sleeve denim shirt that says
"Research Group" above the pocket.  The first shirt is free, any after that
you will have to pay for (approximately $45.00).

Please furnish me with your shirt size:  Men Or Women - Small, Medium, Large,
or Extra Large.

Thanks!


---------------------- Forwarded by Judy Hernandez/HOU/ECT on 08/01/2000
08:42 AM ---------------------------

Diane Salcido@ENRON
07/29/2000 07:53 AM
Sent by: Diane Salcido@ENRON
To: Adriana Celedon/HOU/ECT@ECT, Leticia Flores/NA/Enron@Enron, Regina
Blackshear/Corp/Enron@ENRON, Judy Hernandez/HOU/ECT@ECT, Angela
Barnett/HOU/ECT@ECT, Esther Celedon/HOU/EES@EES
cc:
Subject: Re: Fwd: Fw: love ya!

And I love you, too.
Diane

---------------------- Forwarded by Diane Salcido/Corp/Enron on 07/29/2000
07:46 AM ---------------------------

Adriana Celedon@ECT
07/24/2000 04:42 PM
To: Lisa Zarsky/HOU/ECT@ECT, Shelby Malkemes/Corp/Enron@ENRON, Christy
Chapman/HOU/ECT@ECT, Esther Celedon/HOU/EES@EES, Donnis Traylor/HOU/EES@EES,
Kay Chapman/HOU/ECT@ECT, Karen E Campos/NA/Enron@Enron, Kathy
Campos/GPGFIN/Enron@ENRON, mcisnero@rice.edu, Ana Alcantara/HOU/ECT@ECT,
Gabby Perez/Enron Communications@Enron Communications, Adriana
Cortes/HOU/ECT@ECT, Judy Martinez/Corp/Enron@Enron, Lilia Roman/HOU/ECT@ECT,
Yolanda Rivera/HOU/ECT@ECT, Petra Olvera/HOU/ECT@ECT, Paulita
Olvera/HOU/ECT@ECT, Laura Gutierrez/HOU/ECT@ECT, Laura E Lara/HOU/ECT@ECT,
Diane Salcido/Corp/Enron@Enron, Valerie Villareal/HOU/EES@EES
cc:

Subject: Re: Fwd: Fw: love ya!

---------------------- Forwarded by Adriana Celedon/HOU/ECT on 07/24/2000
04:39 PM ---------------------------

Shelby Malkemes@ENRON
07/24/2000 03:16 PM
To: Laura Dudley/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, hddudley@sbec.com, Dana
Hulbert-Edmiston/Enron Communications@Enron Communications,
fword@ballardexpl.com, Adriana Celedon/HOU/ECT@ECT
cc:
Subject: Re: Fwd: Fw: love ya!

---------------------- Forwarded by Shelby Malkemes/Corp/Enron on 07/24/2000
03:16 PM ---------------------------
To: "Dudley, Dale" <hddudley@sbec.com> @ ENRON
cc:  (bcc: Shelby Malkemes/Corp/Enron)

Subject: Re: Fwd: Fw: love ya!

Subject: Love Ya!

Did Anyone Ever Tell You,
Just How Special You Are
The Light that You Emit
Might even Light a Star

Did Anyone Ever Tell You
How Important You Make Others Feel
Somebody out here is Smiling
About Love that is so Real

Did Anyone Ever Tell You
Many Times, When They were Sad
Your E-mail made Them Smile a bit
In Fact It made Them Glad

For the Time You Spend Sending Things
And Sharing whatever You Find
There are No Words to Thank You
But Somebody, Thinks You're Fine

Did Anyone Ever Tell You
Just How Much They Love You
Well,  My Dearest " Online "  Friend
Today I am Telling You

 ++++++++++++++++++

I HOPE I GET THIS BACK

I believe that without a friend
you are missing out on a lot!!!
Don't be confused by friends and
acquaintances, there is a difference!

Because I care about you,

It's national care week . . .
and you get to send messages to
all your friends telling them
that you care about them and
make them feel good about
themselves and if they write
back . . . (just once)
then that means that they care
about you too.

BUT, you have to send it right now!!
Send it to everyone you care
about and if they send it back . . .
that means they care too.
but don't just send it back,
send it on to everyone..

Have a nice day, and I'm glad we
are friends!!!


whatever :)

-----Original Message-----
From: Mark.Guzman@enron.com [mailto:Mark.Guzman@enron.com]
Sent: Thursday, April 19, 2001 9:24 AM
To: Katie.Trullinger@wfsg.com
Subject: RE: FW: hi!

You love it when I pick on you.


Don,

Hey, how's it going?  Gone fishing lately?  I talked to Kayne earlier today
about a posting this guy is interested.  Kayne tells me you are the man with
the opening.  I just wanted to forward this to you so you could take a look
at.  Jay schedules gas for EES and is interested in your position.  I
explained to him generally what the position is about, but things have
changed.  He says he talked to Larry Campbell also. In fact, Larry might have
talked to you about him already.  I haven't worked with him before, so I
can't specifically vouch for his work ability (Larry can fill you in better
in that area), but he does have good communications skills and is easy to get
along with...(team player).  Also, he is an internal employee.   Attached
below is his resume.

John

---------------------- Forwarded by John Zurita/HOU/EES on 04/30/2001 03:29
PM ---------------------------

Jay Blaine
04/24/2001 03:23 PM
To: John Zurita/HOU/EES@EES
cc:
Subject: Job Posting 0000108727 Trader

John, I am interested in the ENA East Power Service DE Trader position
currently being posted under Kayne Coulter.  I was hoping you could speak
with him about my interest and forward my resume.  Let me know what you
think.  Thanks, Jay


apb said this was a void.  thanks

---------------------- Forwarded by Kerri Thompson/Corp/Enron on 04/25/2001
04:45 PM ---------------------------

Kerri Thompson
04/25/2001 04:40 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: apb checkout

missing deal

selling morgan stanley
127.00
25 mw
sp15
26th
off peak
chris


Attached is the EES contact list for next week.  I will be calling in for the
meeting next week, but Scott Stoness and Evan Hughes will be facilitating the
meeting for me.  Should the time of the call conflict with your need to
prepare or attend the CPUC meetings next week, please call Evan Hughes
(713-345-3311).  Evan will be in the office all next week.

I am also trying to collect the contact numbers for Rick Buy, Mark Palmer and
Mark Koenig and will forward them to you in a separate notice.

Thanks,
Wanda Curry
---------------------- Forwarded by Wanda Curry/HOU/EES on 12/22/2000 09:28
AM ---------------------------

	Enron Energy Services

	From:  Carol Moffett                           12/20/2000 03:43 PM
	Phone No: 713-853-6658 Phone
  888-782-3518 Pager
  EB 810a

To: Sunde Direct Reports, Karen Owens/HOU/EES@EES, Judy G Smith/HOU/EES@EES,
Vivian B Metzger/HOU/EES@EES, Anita Llamas-Granado/HOU/EES@EES
cc: Direct Reports' Assistants, Esmeralda Hinojosa/HOU/EES@EES
Subject: Holiday Contact Numbers For Your Reference

Attached for your reference (and use if an emergency arises) is a report with
the contact phone numbers for:

 Marty's direct report team and assistants;
 Risk Management's direct report team and assistants'
 Dan's direct report team and assistants;
 G9 and assistants.

Thanks to Esmeralda for putting this information together for us.


I would have jumped yesterday but couldn't figure out how to get my window
open.  Since I'm on the 7th floor and the snowdrift goes up to the 4th, it
wouldn't have done much good anyway.  Know of any good part time jobs--I need
to supplement the ole' retirement plan!  df


At the request of the NEB, TransCanada has sent out a notice to shippers and interested parties
for comments on TCPL's application addressing the proposed Mainline Services and Pricing
Settlement.  They are also requesting comments on "the need for and the nature of a further process
to consider the Application".   Comments must be filed by Wednesday, May 23,2001.

Kevin Heal from our Calgary Office, represented Enron in the Settlement discussions.  Enron elected
to abstain when the vote was taken to approve the Settlement.  Sithe/Independence voted to
oppose and litigate the Settlement.

To maximize the value of the Sithe/Independence TCPL capacity (i.e. St. Clair to Chippawa & Kirkwall
to Chippawa contracts), it is very important that Sithe continue to actively participate in the
NEB's regulatory process and file comments by the deadline.  Behind the scenes, I
recommend that we work with Sithe's legal counsel to coordinate a response to this
request in case this capacity is assigned to Enron at a later date.

I also recommend that Enron either change our earlier position from abstention to
opposition of the Settlement, or combine the Empress to Chippawa contract that is
dedicated to the Sithe/Independence deal with Sithe's other capacity.  Kevin has
provided the attached information of the other Toll Task Force members that voted to abstain,
oppose, or oppose and litigate the Settlement.  It appears that most of the marketers, cogens and
IPP's fall in this camp.

There are several features to the Settlement that may create additional value that
has not yet been captured in our restructuring analysis.  I believe that only by taking
an aggressive stand in the regulatory process, can this additional value be realized.  TCPL's
"FT Make-Up" and "AOS" features will create additional value for 2001 and 2002.   The "Turnback
Procedure" is designed to mitigate actual costs of TCPL's proposed Waddington and Niagara
expansions.  If some, or all of Sithe's capacity can be turned back to the pipeline, value may be
created starting in late 2002 and possibly through the termination of Sithe's contracts.

If there is any other information needed or I can assist in any way, please call me at x31667.

Ruth


Attached is the Enron Americas GasTrading violation memos for  Maturity Gap
Risk and VaR for June 18, 2001.  The Office of the Chairman for Enron
Americas is responsible for printing out a hard copy of this memo, signing it
and returning the hard copy to Chris Abel at 3155a, who will forward it to
RAC to obtain their signature.

Thank You


Aah, thanks for the clarification.


As part of Enron Industrial Market's (EIM) move into the Pulp, Paper and
Steel markets, our European effort is well underway. Our markets are global
in nature and we believe we need a strong presence in Europe to penetrate
that market effectively. Accordingly, we are pleased to announce that Bruce
Garner has been appointed President and Chief Executive Officer of Enron
Industrial Markets - Europe. In this role, Bruce will be responsible for all
activities for EIM in the European market.

Please join us in congratulating Bruce in his new position.


If anybody's looking for some sunglasses, I just found a website that
has some badass glasses at a pretty good discount.  Anyway, just thought
I'd let you know...

Cheers,

--
Amir Cyrus Ahanchian
acahanchian@zdnetonebox.com - email
(512) 682-6996 ext. 1087 - voicemail/fax

___________________________________________________________________
To get your own FREE ZDNet Onebox - FREE voicemail, email, and fax,
all in one place - sign up today at http://www.zdnetonebox.com

Return-Path: <orenmax@hotmail.com>
Received: from hotmail.com ([64.4.15.152]) by mta01.onebox.com
(InterMail vM.4.01.03.00 201-229-121) with ESMTP          id
<20001207055216.IVMP14056.mta01.onebox.com@hotmail.com>          for
<acahanchian@zdnetonebox.com>; Wed, 6 Dec 2000 21:52:16 -0800
Received: from mail pickup service by hotmail.com with Microsoft SMTPSVC;
Wed, 6 Dec 2000 21:52:15 -0800
Received: from 172.154.42.145 by lw10fd.law10.hotmail.msn.com with HTTP; Thu,
07 Dec 2000 05:52:15 GMT
X-Originating-IP: [172.154.42.145]
From: "Oren Blonstein" <orenmax@hotmail.com>
To: acahanchian@zdnetonebox.com
Subject: afterlasik.com
Date: Wed, 06 Dec 2000 21:52:15 -0800
Mime-Version: 1.0
Content-Type: text/plain; format=flowed
Message-ID: <F152QptgFrYILoygXLs00001386@hotmail.com>
X-OriginalArrivalTime: 07 Dec 2000 05:52:15.0822 (UTC)
FILETIME=[DA387EE0:01C06011]

Hey Amir,

That sunglass company I was working for just put up a website at
http://www.afterlasik.com where they are selling amazing sunglasses.  They
are running a promotion for the first three weeks of December where the
glasses are in the $70-90 range (that's like 30% off).

The sunglasses are the best--better than Maui Jim, Oakley, and Costa Del
Mar.  And those cost about $120-150.  I sent a pair to my brother for
Christmas, and it was less than $80.

Thought I'd pass the deal around.  Speak to you soon,

Oren
______________________________________________________________________________
_______
Get more from the Web.  FREE MSN Explorer download : http://explorer.msn.com


I am flying in on the morning of the 3rd, arriving at approx. 9:30. I will be leaving for Portland at 5:30. That should give us from 10:30 to 3:30.

 -----Original Message-----
From: 	"Michael Kirby" <mlk@pkns.com>@ENRON [mailto:IMCEANOTES-+22Michael+20Kirby+22+20+3Cmlk+40pkns+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Monday, September 24, 2001 11:57 AM
To:	Sanders, Richard B.
Cc:	David Noonan
Subject:	RE: San Francisco/Portland meetings

Richard- I definitely want to attend the FERC briefing with you and Gary Fergus in San Francisco. Is it on Oct 2 or 3? At what time? I have advised Dave Noonan about it and he will go if he isn't in New York. Are you going from San Francisco to Portland on the evening of the 3rd? Let me know. Thanks

The information contained in this e-mail message and any accompanying documents is subject to the attorney-client privilege and/or the attorney work product rule and is confidential business information intended only for the use of the individual or entity named above.  The information herein may also be protected by the Electronic Communications Privacy Act, 18 U.S.C. ?? 2510-2521.  If the reader of this message is not the intended recipient or representative of the recipient, you are hereby notified that any dissemination of this communication is strictly prohibited.  If you have received this communication in error, please notify the Systems Administrator at admin@pkns.com and immediately delete this message from your system.


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/30/2001
05:19 PM ---------------------------

	From:  Jason Sokolov                           04/30/2001 05:02 PM

To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Energy Derivative Project Tracy Pan Part 1

---------------------- Forwarded by Jason Sokolov/HOU/ECT on 04/30/2001 05:01
PM ---------------------------

Tracy Pan <pcp@pop.ruf.rice.edu> on 04/30/2001 11:08:29 AM
Please respond to pcp@rice.edu
To: Jason.Sokolov@enron.com
cc:
Subject: Energy Derivative Project Tracy Pan Part 1

Jason,

I have to break down the file since it exceeds the maximum file size for the
Rice Server.

I'll tell you how many parts you're supposed to receive in my last e-mail.

Thanks for coordinating for the class.

Have a nice day!

Tracy Pan

-----Original Message-----
From: Jason.Sokolov@enron.com [mailto:Jason.Sokolov@enron.com]
Sent: Monday, April 30, 2001 8:16 AM
To: pcp@rice.edu
Subject: Re: About the Energy Derivative Project

Tracy,
Break it down into 8000 files of 1 kB, and send each one in a separate
mail.

Just kidding!
Try to send the whole thing.
If one of the servers refuses to accept it, then break it down into several
pieces.
I know for sure that I can take files as large as 2MB.

Jason

 - 665 Team Project--Tracy Pan Part 1.xls


Jeff,

Just a quick note to say "thank you" for your comments at year end.  I
sincerely appreciated your comments and support.
I hope your Holidays were safe, healthy, and happy.  Say when am I going to
see that new home of yours?  You know it is hard to continue to live
vicariously through you if I don't know what to picture!

Sandra


> On Thursday, September 7, Foundation economist Scott Moody testified
> before the Tax, Finance, and Exports Subcommittee of the House Committee
> on Small Business. Moody presented new estimates of the growing size and
> complexity of the Internal Revenue Code. He explained that even though the
> code's most notoriously complex provisions target large businesses, small
> businesses actually suffer disproportionately from compliance costs. (See
> full testimony at http://www.taxfoundation.org/testimony-compliance.html.)
> Also on the panel with Moody were Rep. Billy Tauzin (R-LA), Rep. Sununu
> (R-NH), Val Oveson; David Lifson; Pamela Olson; Martin Davidoff and Todd
> McCracken.
>
> Of course, that was the same week that the President vetoed estate tax
> repeal, a veto that the House tried in vain to override. Media outlets
> have turned to the Tax Foundation throughout the year for objective
> explanations of how the estate tax works and what repeal might mean, and
> this last legislative gasp brought one more round of inquiries. Most were
> the usual background calls from print reporters who need to fact-check
> their stories, but two radio interviews and one television interview also
> resulted:
>
> * On Friday, September 1, new Executive Director Scott Hodge gave a
> Radio America interview emphasizing the deleterious effects of the tax's
> high rates and monumental complexity.
> * On Thursday, September 7, Tax Foundation Chief Economist Patrick
> Fleenor gave two interviews on the federal estate and gift tax.  On a Cox
> Television segment broadcast across the nation Fleenor argued that these
> taxes discourage entrepreneurism and make it difficult for taxpayers to
> pass small businesses or family farms from one generation to the next.  In
> addition, he argued that they added significant complexity to the tax
> code.
> * Later, on WJR radio in Detroit, Fleenor filled in for House Majority
> Leader Dick Armey, who was called away for a vote, and took calls from
> listeners about the effects of the tax.  Here Fleenor reiterated his
> earlier remarks and argued that the adverse effects of the tax were
> particularly hard to justify in light of the fact that these taxes only
> accounted for about 1 percent of federal revenues.
>
> While spending a lot of time explaining the taxes that are levied after
> death, the staff was also researching the hidden taxes that the living pay
> every day, often without realizing it. Communications director Bill Ahern
> and economist Scott Moody helped ABC News Correspondent John Stossel
> prepare a story on all the taxes that a typical small business owner in
> Missouri faces throughout his workday. If the story is completed as
> scheduled, you can look for the upcoming segment on ABC's 20/20.
>
> If you have any questions or need additional information please contact me
> by phone at 202/661-4226, by e-mail at jrogers@taxfoundation.org or go to
> the Tax Foundation's web site at www.taxfoundation.org.
>
>


Yes, it does.  Thanks so much.

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

	Cris Sherman
	02/22/2001 07:48 AM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: Rep Agreement

Sara, in the interest of time this morning, I thought  I would send a quick
e-mail. I have read the appendix to the repo agreement and think it is OK.
No accounting issues, I think they just want to address the substitution
mechanics.  Technically, repo transactions are FAS 125 transactions (sales of
financial assets), so I presume that is why the "FAS 125" is noted at the top
of the page (I don't believe it is necessary - what value does it add?).  I
think the issue is one for Treasury  - are we OK with the counterparties
ability to terminate the contract if we do not agree to the replacement
(substituted) securities? Hope this helps.


Will send the MARKUP of the Axel Johnson Inc. guaranty later today.  I have
inserted several provisions.  SS

	Enron Capital & Trade Resources Corp.

	From:  Patricia Cini                           07/09/99 10:31 AM

To: Sara Shackleton/HOU/ECT@ECT
cc:
Subject: Guaranty

Sara-

I faxed a guaranty from Sprague Energy Corp. on July 1 for you to review.
Wanted to see if you had a chance to look it over.

Regards,

Pat