FYI
---------------------- Forwarded by James Derrick/Corp/Enron on 12/11/2000
01:50 PM ---------------------------

Marty Keyser@EES
12/09/2000 08:24 AM
To: Vicki Sharp/HOU/EES@EES
cc: James Derrick/Corp/Enron@ENRON

Subject: Re: Outside Counsel - Klett Rooney

Vicki:  I am familiar with the firm, but we have never used them to represent
any of the EFS companies to my knowledge.  I am certain that we do not have
any current matters with this firm.  You will note that they do not appear on
our list of approved counsel.  We typically use Reed Smith in Pittsburgh.

 I do know some people at this firm if I can be of any assistance.  I went to
law school with Artie Rooney at Duquesne University.  You may know that his
family owns the Pittsburgh Steelers.  Let me know the particular attorney you
are having difficulty with and I will help in any way can.  By the way, New
Power's ads have hit the airwaves in Pittsburgh.  I am enrolling as a New
Power customer!  Thanks, Marty

Vicki Sharp
12/08/2000 10:30 PM
To: Marty Keyser/EFS/EES@EES
cc:
Subject: Outside Counsel - Klett Rooney

Marty,  I assume we do not have a relationship with this firm.  Please let me
know if I am incorrect.
---------------------- Forwarded by Vicki Sharp/HOU/EES on 12/08/2000 09:58
PM ---------------------------

James Derrick@ENRON
12/08/2000 07:24 PM
To: Rob Walls/NA/Enron@Enron, Mark E Haedicke/HOU/ECT@ECT, Kristina
Mordaunt/Enron Communications@Enron Communications, Vicki Sharp/HOU/EES@EES
cc: Marc Manly/HOU/EES@EES
Subject: Outside Counsel - Klett Rooney

Please let Marc Manly know of any relationship your group has with the firm
mentioned below.  Thank you.  JIm
---------------------- Forwarded by James Derrick/Corp/Enron on 12/08/2000
07:21 PM ---------------------------

Marc Manly@EES
12/07/2000 12:14 PM
To: James Derrick/Corp/Enron@ENRON
cc: Joe Halprin/TNPC/EES@EES

Subject: Outside Counsel - Klett Rooney

Jim:  please see the attached, from Joe Halprin.  Does the Enron family have
any relationships with the Klett Rooney law firm that we should bring to
their attention?  In all events, please be aware that they are taking a
particularly adverse position.  Thanks.  Marc
---------------------- Forwarded by Marc Manly/HOU/EES on 12/07/2000 01:09 PM
---------------------------

From: Joe Halprin on 12/07/2000 11:08 AM CST
To: Marc Manly/HOU/EES@EES
cc:
Subject: Outside Counsel - Klett Rooney

Marc:  In connection with a dispute regarding a commercial arrangement
between NewPower and Campus Dimensions, Inc. (also known as College Credit
Card Corporation), Campus Dimensions, Inc. ("CDI") has engaged the law firm
Klett Rooney Lieber & Schorling - headquartered in Pittsburgh, PA - to
represent them against NewPower.  Klett Rooney has conducted themselves in a
fashion that I would consider to be particularly unreasonable.  I would like
to know if Enron has a relationship with Klett Rooney or CDI. If they do, I
would recommend that the firm be removed from further engagements. Thanks.

Joe Halprin
The New Power Company
10 Glenville Street
Greenwich, CT 06831
p: 203-531-0400
f: 203-513-0404
e: jhalprin@newpower.com

CONFIDENTIALITY NOTICE: This communication and any accompanying document(s)
are confidential and privileged.  They are intended for the sole use of the
addressee.  If you receive this transmission in error, you are advised that
any disclosure, copying, distribution, or the taking of any action in
reliance upon the communication is strictly prohibited.  If you have received
this communication in error, please contact the sender at the Internet
address indicated or by telephone at (203) 531-0400. Thank you.


Fixed.

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

Can you figure something out for these guys?

Thanks

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

Jeff,

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

thanks

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

Here you go!

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

How about Canada?

John

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

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

Do you need Power as well?  Let me know.

John


---------------------- Forwarded by Kay Mann/Corp/Enron on 01/04/2001 04:00
PM ---------------------------

"Campbell, Carolyn" <CCampbell@KSLAW.com> on 01/04/2001 12:42:34 PM
To: "'kay.mann@enron.com'" <kay.mann@enron.com>
cc: "Keffer, John" <JKeffer@KSLAW.com>

Subject: Closing Checklist

 <<2RR403!.DOC>>

Kay:

An updated closing checklist is enclosed.

Carolyn M. Campbell
King & Spalding
713-276-7307 (phone)
713-751-3280 (fax)
ccampbell@kslaw.com <mailto:ccampbell@kslaw.com>

Enclosure: 129280v3

                    Confidentiality Notice
This message is being sent by or on behalf of a lawyer.  It is intended
exclusively for the individual or entity to which it is addressed.  This
communication may contain information that is proprietary, privileged or
confidential or otherwise legally exempt from disclosure.  If you are not the
named addressee, you are not authorized to read, print, retain, copy or
disseminate this message or any part of it.  If you have received this
message in error, please notify the sender immediately by e-mail and delete
all copies of the message.

 - 2RR403!.DOC


I will need a replacement for Chuck unless I get another trading track
person.  I will also need a replacement for Ben Pham, for which Dave(bench)
will also need a replacement.
PL


Start Date: 12/22/01; HourAhead hour: 3;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2001122203.txt
###Cannot locate a Preferred or Revised_Preferred Schedule that matches the FINAL Individual Interchange Schedule.  Unable to assign deal number.
###Cannot locate a Preferred or Revised_Preferred Schedule that matches the FINAL Individual Interchange Schedule.  Unable to assign deal number.
###Cannot locate a Preferred or Revised_Preferred Schedule that matches the FINAL Individual Interchange Schedule.  Unable to assign deal number.


I will be in Jacksonville Florida this week negotiating a transaction with
New Jersey Natural Gas.  It is a project development deal utilizing fuel
cells.  The commercial lead is Jeff Ader.  I will leave tomorrow afternoon,
returning on Friday afternoon.

Kay


- NGAS2000.xls


Please update the Excel worksheet T:\COMMON\AR 50K_30.xls by 12 p.m. tomorrow (Tuesday, 10/30). The updates that you provide will be used for the Customer Accounts meeting on Wednesday and should include the reason the invoices have not been paid, the accounting period for which payment has not been received and when the outstanding issues will be resolved.

If you have received payments that will bring your shipper's outstanding amount to less than $50,000, apply the payments today and provide me a copy of  the cash application instructions being sent to Credit and I will remove your shipper from the report.

Partial payments should be applied using the new cash application procedures. (See T:\Common\Market Services Training\ARNettingProcedures.ppt).

You may contact me at x36951 if  you have questions or need assistance.


The proxy price will be Gas Daily and Cantor Fitzgerald for Ca deliveries.
How do we submit prices to Cantor Fitzgerald?  Anne, we will need to come up
with  a cash report, much like our monthly index report for the
publications.  Our data submitted will be under scrutiny at some point in the
future.  It is important that all of our cash (one day) deals are reported
accurately each day.

Thanks,
Mike


The attached spreadsheet reflects adjustments to wellhead meters effective
3/16/01.  The nominations were changed to volumes in the "To"  column.

Bob


Ginger:

Could you please forward this along to the Quinn-Gillespie folks---David
Lugar in particular?  Thanks very much.

Others:
Attached are excerpts from the California Leg Analyst's Report--an
"independent" institution in Sacramento--on the electricity crisis, the plan
thus far to address it, and the effect that the solution might have on the
State's financial position.  Also have attached URL to full report.
http://www.lao.ca.gov/analysis_2001/2001_pandi/pandi_toc_anl2001.html

Best,
Jeff


can you call me regarding this

 -----Original Message-----
From: 	Hayden, Frank
Sent:	Tuesday, January 29, 2002 4:18 PM
To:	Belden, Tim; Presto, Kevin M.; Zufferli, John; Lavorato, John
Cc:	Gossett, Jeffrey C.; White, Stacey W.; Postlethwaite, John; Reeves, Kathy
Subject:	UBS Trade Products

My apologies if this has been done, but I'm in process of assembling list of products that UBS will be trading.  If this list has been compiled, please direct it to me.

I'm interested in getting the greatest granularity possible breaking it out by VaR portfolio name, trader, trading book, commodity, instrument, location, tenor, relative liquidity for each instrument expressed in contract/day (i.e. could impact holding period for VAR) and best risk mitigator.  (Regarding best risk mitigator, I'm not looking for liquidating position comments, but rather best hedge given curve location.)  This will help in directing correlation efforts for VAR.  See attached spreadsheet for suggested format.

Thanks,
Frank

 << File: Trading Universe.xls >>


----- Forwarded by Tana Jones/HOU/ECT on 07/05/2000 12:36 PM -----

	Tom Moran
	07/05/2000 10:39 AM

		 To: Frank L Davis/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT, Tana
Jones/HOU/ECT@ECT, Samuel Schott/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT, Sheri
Thomas/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Bernice Rodriguez/HOU/ECT@ECT,
Brant Reves/HOU/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT, David
Hardy/LON/ECT@ECT, Lesli Campbell/HOU/ECT@ECT, Lisa Gillette/HOU/ECT@ECT,
Linda S Bryan/HOU/ECT@ECT, Connie Sutton/HOU/ECT@ECT, Sylvia A
Campos/HOU/ECT@ECT, Molly Harris/HOU/ECT@ECT, Cynthia Clark/Corp/Enron@ENRON,
Mary G Gosnell/HOU/ECT@ECT, Enron Europe Global Contracts and Facilities,
Enron Europe Global CounterParty, Stephanie Sever/HOU/ECT@ECT, Bradley
Diebner/HOU/ECT@ECT, Stacey Richardson/HOU/ECT@ECT
		 cc:
		 Subject: EOL / Credit / GCP Responses 6/30/00

I don't think Tom sent anything out for Friday.


Carolyn,

On the insurance, I would prefer that we go with set insurance requirements,
$10m in coverage (without aggregate), deductible no greater than $25,000 for
which they are responsible.  We also need a Best rating of A-XIII or better.
Also, we need a specific reference to the fact that the new member will be
responsible for the insurance required in article 19.2 of the turbine
contract.  The certificate of insurance should be a buyer deliverable at
closing.

Would it be better to address our ability to put the member interest to them
on or before [some date- maybe Dec 02], just to get it on the table?

Term- I'm thinking we may want to be indemnified for longer than 60 days
after commercial ops, as a claim could be brought against us for something
they did (and for which we should be indemnified) for longer than that, but
we would be out of luck, except to the extent insurance took care of it.
Maybe we should address reps/warranties separate from indemnities, with the
indemnities lasting longer.

I'd make the confidentiality agreement last for 2  years in this deal.

I'd broaden 9 (xii) to include the acquisition of the equipment, not just the
facility agreement.

14.  I would reformulate 14 to negotiate around the statement that the
equipment is being acquired from ENA.  I would also eliminate "or any other
third party" on the fifth line.

Defined terms:  "Commercial operations" isn't in the definitions of the
turbine contract, although there may be a definition imbedded in their
somewhere (an EECC specialty).  Please verify.

Do we intend to attach a form LLC agreement?

Thanks,

Kay


For your review.
----- Forwarded by Jeffrey T Hodge/HOU/ECT on 06/07/2001 08:30 AM -----

	Molly Magee/ENRON@enronXgate
	06/01/2001 01:59 PM

		 To: Jeffrey T Hodge/HOU/ECT@ECT, Janette Elbertson/HOU/ECT@ECT
		 cc:
		 Subject: Resumes

Attached are four resumes which have not yet been scanned into our recruit
tracking software.  Tammy Kemp is an internal candidate; Jeannette Blanchette
and Stephanie Granado were referred by Debra Perlingiere; and Tammy Brown has
been referred by Theresa Zucha.   I will also be sending you some other
candidates who have actually posted for the position.   Please let me know
when you are avialable to begin interviewing and whom you would like to see.

Thanks,
Molly
x34804


Jim, this issue is adequately covered in the lease and related documents which were blessed by you and the storage reservoir engineers.  Why this late expressed  concern?..........if you have facts which lead you to believe that AEP/HPL is operating this facility contrary to safe/industry standards or regulatory requirements or is otherwise endangering the facility, related facilities or the integrity thereof, please call me ASAP.   Sincerely

Barbara

	Jim Schwieger/ENRON@enronXgate 06/07/2001 04:16 PM 	   To: Brian Redmond/ENRON@enronXgate, Barbara N Gray/HOU/ECT@ECT  cc: John J Lavorato/ENRON@enronXgate, Thomas A Martin/ENRON@enronXgate  Subject: Bammel Lease Question

I was wondering if the Bammel lease to AEP contains any operating parameters to protect the integrity of the facility.  The question arises from the fact that Bammel  had about 24 BCF of remaining capacity when Enron turned the facility over to AEP.  We believe their plan is to max inject in June which would reduce the remaining capacity to around 12 BCF.  It could become a challenge to keep injections under the remaining 12 BCF level during the reaming 4-5 months of the injection cycle.  Enron always operated the facility with the understanding that a Gas In Place volume greater than 117.5 BCF could create a high enough pressure to jeopardize the safety of the wellhead casings and some of the abandoned wells.  We would not want the Texas RRC to question the safety of the Bammel facility.  From the other end of the perspective if the Gas In Place is taken below 65 BCF their is a high probability of watering out the outer wells and the facility itself.


The report named: Enron Americas Position Report <http://erv.corp.enron.com/linkFromExcel.asp?report_cd=102&report_name=Enron+Americas+Position+Report&category_cd=2&category_name=ENRON%20CONSOLIDATED&toc_hide=1&sTV1=2&TV1Exp=Y&current_efct_date=11/09/2001>, published as of 11/09/2001 is now available for viewing on the website.

Publisher's Notes:

FINAL


De nada.

From: Carlos Sole@ENRON_DEVELOPMENT on 11/10/2000 09:25 AM
To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: Re: Opportunities at ENA

Thanks for your help.


Tuesday, September 5 at 10:00 a.m. Houston time, join us for an eSpeak with
Dan Leff, president and CEO of Global Energy Services.  Dan will be
discussing Enron's efforts to profitably deliver on commitments, build strong
customer relationships, and create incremental value in existing contracts.
Can't make the live event?  Pre-submit your questions on the eSpeak site.

"Competitive intelligence is like putting your ear to the ground to hear a
distant train....  If it is done effectively...thousands of ears placed on
the tracks...Enron's strategy stays on track."
Dr. Ben Gilad 8/29/00 eSpeak.  Keep your ear on the track.  Click the Edge
today!


Dear Colleagues,

We know you have many questions about your new benefits plan, payroll issues and other changes that will occur over the next few weeks. Human Resources and Communications are preparing a thorough Q&A, which we will send to you tomorrow and will regularly update as more information is available.

Meanwhile, please read the announcement below from Security about how you can obtain a new UBS Warburg access card that will allow you to enter our new office space after Friday.

I am confident that you share my enthusiasm about our new opportunity.  We look forward to working along side each of you in the coming days.

David Oxley
Head, Human Resources
____________________________________________________________________

Access Cards

There will be a two-day transition for the new UBS Warburg access cards. Beginning Monday, February 11, access to the 5th and 6th floors of Enron Center South will require these new cards. UBS Warburg access cards can be picked up from 7 a.m. to 7 p.m. at the reception area on the 5th floor of Enron Center South on Thursday, February 7th ; Friday, February 8th ; and Monday, February 11. Enron Security will produce new access cards with existing photographs, then simultaneously issue the new and collect the old cards. Employees without UBS Warburg cards will be allowed into the Enron Center South building on Monday but will have to collect their new cards as soon as possible to gain access to the 5th and 6th floors.

Employees who fail to collect their new cards by 7 p.m. Monday will be required to contact Enron Security's general information number at 713-853-5360 to arrange to pick them up.

There will be security staff available at the pick up point on ECS 5 to help with any problems you might have.

It is suggested employees wear their access cards at all times while on the premise.

Accessible Areas - The new cards will allow UBS-W employees to enter:
5th & 6th floors and Plaza area of Enron Center South ,
The Sky Ring
Body Shop, Enron Center North Plaza and therefore access the Credit Union and Cafeteria from either building.

Restricted Areas - Employees must submit to Enron Security a Restricted Access Request form (available by calling 713 8535360 ) and signed by Bob McAuliffe (713-853-7468) to enter:
Enron Center South, 8th and 9th floors
Enron Center North, 22nd and 34th floor
Ardmore Data Center.

Employees staying with the Enron estate while visa and other issues are completed - Employees in this group who are on assignment arrangements to UBS-W will be issued a regular access card - available in the same way as other new UBS-W employees.

Estate employees who are working with UBS-W on transition issues  - If they will be based in UBS-W office space they should talk to their UBS-W counterpart for approval and then UBSW HR for the issue of a UBS-W contractor card (in addition to their regular Enron badge).


Assistants, please forward to your groups.
  Attn: Gas Logistics-we will be eating all five days this Bid Week.

Wednesday, November 22st

Breakfast:  Assorted Breakfast Tacos/Fruit
Lunch: Domino's Pizza
Assorted Pizza and Soft Drinks

Monday, November 27th

Breakfast:  Assorted Pastries/Fruit
Lunch:  James Coney Island
Two Coney's (Chilli, Cheese, Onions)
or
One Hamburger (Cheese, Lettuce, Tomato, Pickles, Onions)
Assorted Chips
Cookie or Brownie
Assorted Soft Drinks

Tuesday, November 28th

Breakfast:  Assorted Crossiant Sandwiches/Fruit
Lunch:  Crumley's
Assorted Sandwiches
Tortilla or Baked Potato Soup
Assorted Desserts
Iced Tea

Wednesday, November 29th

Breakfast:  Assorted Breakfast Tacos/Fruit
Lunch:  Trigg's
Barbecued Beef Brisket, Chicken, Smoked Ham, Sausage
Potato Salad/Cole Slaw/Pinto Beans/Jambalaya
Special Recipe Barbecue Sauce
Bread/Cookies
Assorted Soft Drinks

Thursday, November 30th

Breakfast:  Assorted Pastries/Fruit
Lunch:  Kelly's
Chicken Fried Steak
or
Meat Loaf
Mashed Potatoe's/Corn/Green Beans
Assorted Desserts
Iced Tea


Here are the buy/sells we did after lunch.

Supply Deal Market Deal
153071  153057
153096  153135
153109  153109

The purchases are from CPA and the sells are to CES.  Originally these deals
were done for the 21st, I just extended the date and the volumes through the
24th.

Let me know if you have any questions.


this was not the letter I attached to Shudeish

 -----Original Message-----
From:  jose.dumenigo@ps.ge.com@ENRON
Sent: Friday, October 26, 2001 4:12 PM
To: Eisenstein, Arnold L.; Rance, Byron
Cc: vadim.nisman@ps.ge.com; Davide.Iannucci@np.ge.com;
lucamaria.rossi@np.ge.com
Subject: FW: ENRON-TRANSWESTERN/PARTICULATES

Byron,

Below is the letter I committed to provide Arnold this afternoon.  I see
that Vadim beat me to it by sending you an earlier email.  As a general
commentary, I would however, like to make the following clarifications on
the subject which ETS may find useful.

Particulate matter in the gas tubine exhaust comes from a variety of sources
and may include smoke, ash, corrosion and erosion products, condensable
hydrocarbons, inlet air particulates and particulates from the fuel and
injected water or steam when applicable.  In addition, SO3 in the exhaust is
generally trapped on a wet collection medium as H2SO4 and may appear as
particulates due to the measurement procedure.

Gas turbines are very clean burning and are not, in general, sources of
significant quantities of particulate emissions when burning good quality
fuels.  With distillate fuel containing less than 0.5% by weight, sulfur,
total particulates at high power are expected to be less than 0.6 lbs. per
1000 lb. fuel as measured by EPA Method 5.  Please note that the method used
for measuring particulate matter can have a significant impact on the
particulate level determined.  For estimating purposes, all particulates may
be considered to be in the size range less than 10 micrometers.

With pipeline quality natural gas, there is virtually no smoke and the fuel
contains no sulfur or ash.  As a result, total engine generated particulate
emissions are generally undetectable by EPA Method 5.  Due to other
particulate sources and the sensitivity of the measurement method, total
particulates with pipeline quality natural gas for the LM2500 are estimated
to be less than 3 pounds per hour assuming cleanliness levels for the inlet
air, fuel, and water/steam injection in accordance with GE requirements.

Regards, Jos,.

 <<Transwestern particulate emissions.pdf>>

 <<Transwestern particulate emissions.pdf>>
 - Transwestern particulate emissions.pdf
 - Transwestern particulate emissions.pdf


Disregard the last email from me.  Attached are the prepared comments that
Steve Kean will have at the FERC meeting tomorrow.

----- Forwarded by Sarah Novosel/Corp/Enron on 11/08/2000 06:37 PM -----

	"Jeffrey Watkiss" <dwatkiss@bracepatt.com>
	11/08/2000 06:36 PM

		 To: <snovose@enron.com>
		 cc:
		 Subject:

 - 0133819.01


BLOOMBERG
569021 - changed to Bloomberg

PREBON
Tom Alonso
checked with broker - Tom Alonso did not do this deal - Jeff Richter did a
similar one but it is with Williams, not Reliant......???

Jeff Richter
closest deal I can see is 569178 - all same terms except it's at NP not SP

AMEREX
Mike Swerzbin
569315 - added Amerex as broker

Evelyn Metoyer@ENRON
04/03/2001 02:20 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: 4/3 Checkout

BLOOMBERG

deal 569021
I think the broker should be Bloomberg instead of APB

PREBON  WEST

Tom Alonso
I am missing the following deal
Enron sells to Reliant 25mw 4/5-4/30 SP-15 at $263

Jeff Richter
I am missing:
Enron sells to WESCO 25 mw 4/5-4/30 SP-15 at $286

AMEREX WEST

Mike Swerzbin
I am missing:
Enron sells EES 50mw May-Dec NP-15 light at $200.


First I want to thank you for all of your help in Kansas City, I think the training went very well.  If you have any suggestions for improvements I would really appreciate your feedback.  Secondly, If you had any comments or suggestions from the customers during the training I'm trying to get them together so I can include them with the feedback given at the other break sessions.  You can send them via e-mailing or come by my desk.

Also several of you mentioned given the new hires the training document, I think this is a great idea so I'm attaching a copy.  If after going over the document there are some questions, let me know and I will be glad to meet with them.

Thanks,

Maggie


- 1_25_02LO.xls
 - 1_25_02GO.xls
 - 1_25_02OH.xls


Poor Bobby!  What a way to go out.  I actually do feel sorry for the guy.  He
should have gone out on better terms, but now some people will think of him
only in this context.
Ben


Dave,

I left you a voice mail that I am available to assist in this process at your
convenience.  Let me know how you want to proceed.

Michelle

	Enron Capital Management

	From:  David Baumbach                           10/27/2000 10:57 AM

To: Michelle Cash/HOU/ECT@ECT
cc:
Subject:

Michelle, I appreciate your help in finding the services agreement for
Bridgeline.  However, Trevor Mihalik and I would like to get an agreement set
up for the outsourcing of Enron's Risk employees.  Do you know who could help
me get this agreement set up?

Dave


Gee, I was kinda hoping we would have the opportunity to dump stuff on EEOS,
not the other way around.

ckm

John Schwartzenburg@ENRON_DEVELOPMENT
03/19/2001 08:54 AM
To: Carlos Sole/NA/Enron@ENRON
cc: Kay Mann/Corp/Enron@ENRON

Subject: Re: Organizational Announcement - Introducing Enron Engineering and
Operational Services

With the exception of Tex-Mex. You get Tex Mess, right?  JWVS

	Carlos Sole@ENRON
	03/19/2001 08:52 AM

		 To: John Schwartzenburg/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 cc: Carlos Sole/NA/Enron@Enron@ENRON_DEVELOPMENT, Kay
Mann/Corp/Enron@ENRON@ENRON_DEVELOPMENT
		 Subject: Re: Organizational Announcement - Introducing Enron Engineering and
Operational Services

By no means, should this reorg be interpreted as meaning that I get Kay's
Mexico's work again.  She has specifically told me that she wants it back and
this provides the perfect opportunity.

Carlos Sole'
Senior Counsel
Enron North America Corp.
1400 Smith Street
Houston, Texas 77002-7361

(713) 345-8191 (phone)
713 646-3393 (fax)

	John Schwartzenburg@ENRON_DEVELOPMENT
	03/19/2001 07:31 AM

		 To: Kay Mann/Corp/Enron@ENRON
		 cc: Carlos Sole/NA/Enron@Enron
		 Subject: Re: Organizational Announcement - Introducing Enron Engineering and
Operational Services

Yep, uh-huh. EWA'll have a real first class operation. Uh-huh.

JWVS

	Kay Mann@ENRON
	03/19/2001 07:12 AM

		 To: John Schwartzenburg/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 cc: Carlos Sole/NA/Enron@Enron
		 Subject: Organizational Announcement - Introducing Enron Engineering and
Operational Services

Hi John,

Sounds like we are now reunited in the same legal group, EWS.  True?

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 03/19/2001 07:09
AM ---------------------------

	From:  Mark Frevert & Dave Delainey                           03/16/2001
08:55 PM

Sent by: Enron Announcements
To: All Enron Worldwide
cc:

Subject: Organizational Announcement - Introducing Enron Engineering and
Operational Services

In order to better align our engineering and operations capabilities with the
commercial businesses they support, we are pleased to announce the following
organizational change will be effective immediately.  A new business unit,
Enron Engineering and Operational Services (EEOS), is being formed which will
include our existing operations in Enron Engineering and Construction Company
(EE&CC), Operational Energy Corporation (OEC), and National Energy Production
Corporation (NEPCO).

Brian Stanley, as President and Chief Executive Officer, and Keith Dodson, as
Chief Operating Officer will provide the leadership for this new
organization, reporting to the Office of the Chairman of Enron Wholesale
Services.  NEPCO will continue to operate as a stand-alone business under
John Gillis, President.

With the majority of EE&CC and OEC,s activities focused on assets and
projects which are in Wholesale Services, this will better align the efforts
of EEOS with the commercial businesses it supports.  While EEOS will be a
stand-alone unit within Enron Wholesale Services it will work very closely
with and have direct accountability to the business units it supports.

This realignment also centralizes our engineering and operations capabilities
in a single business segment and should ensure that innovation and best
practices are shared and implemented across our many operations and will also
allow for better identification of priorities and more effective allocation
of resources to these projects.  Consistent with this approach, Development
Engineering will have dual reporting to both EEOS and the business units
which they support.

With an extensive and varied portfolio of assets around the world and a wide
variety of new development opportunities available to Enron, it is critical
that we continue to maintain the best in class capability to design,
construct, commission, and effectively manage and operate Enron,s assets on a
global basis.

This new global business unit should insure that we will continue to enhance
these demonstrated capabilities and provide us with a sustainable advantage
as we advance our business strategy around the world.

Please join us in congratulating Brian and Keith on their new assignments.

Mark Frevert & Dave Delainey


Pls pay.

 -----Original Message-----
From: 	enron_update@concureworkplace.com@ENRON
Sent:	Wednesday, November 28, 2001 11:01 AM
To:	James Steffes
Subject:	<<Concur Expense Document>> - CY 11/27/01

The following expense report is ready for approval:

Employee Name: Charles H. Yeung
Status last changed by:  Automated Administrator
Expense Report Name: CY 11/27/01
Report Total: $2,230.28
Amount Due Employee: $2,230.28

To approve this expense report, click on the following link for Concur Expense.
http://expensexms.enron.com


Welcome : New team member Michael Taylor

Need for Monday ,

                (1) $10 ( Registration Fee Enron Employee )

                (2) "Assumption of Risk and Release of Liability" form

                (3) Send me contact information

                Miscellaneous : note attached  ( Roster and Schedule)

Scott - please collect above information  and touch base with Michael (3-1885)

-----Original Message-----
From: Dinh, Huy
Sent: Monday, October 15, 2001 10:42 AM
To: Harris, Tony; Binns, Darran; Sera, Eddie; Avila, Rafael; 'JNGUYEN@CAMDENLIVING.COM'; 'HXDINH@HOTMAIL.COM'; Orellana, Richard; Tackett, Scott; Pounds, Rahman; 'longha624@yahoo.com'; Nguyen, Michael; 'BPVinh@CMSenergy.com'; 'baovinh@yahoo.com'; 'bluengold99@yahoo.com'; 'CAL021@Yahoo.com'; Hatten, Micah; Vaughn, Kevin
Subject: Tonite's game (9:45PM)
Importance: High

*** I 'm going in for reconstructive knee surgery Thursday , in my absence Rafael and  Scott will coordinate all team functions.

STILL NEEDED

(Give registration fee and "Assumption..." to Scott and Rafael),

                (1) $10 ( Registration Fee Enron Employee )

                (2) "Assumption of Risk and Release of Liability" form

 -----Original Message-----
From: Dinh, Huy
Sent: Thursday, October 11, 2001 11:37 AM
To: Harris, Tony; Binns, Darran; Sera, Eddie; Avila, Rafael; 'JNGUYEN@CAMDENLIVING.COM'; 'HXDINH@HOTMAIL.COM'; Orellana, Richard; Tackett, Scott; Pounds, Rahman; 'longha624@yahoo.com'; Nguyen, Michael; 'BPVinh@CMSenergy.com'; 'baovinh@yahoo.com'; 'bluengold99@yahoo.com'; 'CAL021@Yahoo.com'; Hatten, Micah; Vaughn, Kevin
Subject: I need headcount for Monday's game (9:45PM) - Be @ the Field by 7:00PM (Practice)
Importance: High

-----Original Message-----
From: Dinh, Huy
Sent: Wednesday, October 10, 2001 1:08 PM
To: Vaughn, Kevin
Cc: Harris, Tony; Binns, Darran; Sera, Eddie; Avila, Rafael; 'JNGUYEN@CAMDENLIVING.COM'; 'HXDINH@HOTMAIL.COM'; Orellana, Richard; Tackett, Scott; Pounds, Rahman; 'longha624@yahoo.com'; 'APNikko@Yahoo.com''; Nguyen, Michael; 'BPVinh@CMSenergy.com'; 'baovinh@yahoo.com'; 'bluengold99@yahoo.com'; 'CAL021@Yahoo.com'; Hatten, Micah
Subject: Flag Football : New Team Member
Importance: High

Welcome : New team member Kevin Vaughn

Need for Monday ,

                (1) $10 ( Registration Fee Enron Employee )

                (2) "Assumption of Risk and Release of Liability" form

                (3) Send me contact information

                Miscellaneous : note attached  ( Roster and Schedule)

HXD

-----Original Message-----
From: Dinh, Huy
Sent: Mon 10/8/2001 12:40 PM
To: Binns, Darran; Sera, Eddie; Harris, Tony; Avila, Rafael; 'JNGUYEN@CAMDENLIVING.COM'; 'HXDINH@HOTMAIL.COM'; Orellana, Richard; Tackett, Scott; Pounds, Rahman; 'longha624@yahoo.com'; 'APNikko@Yahoo.com''; Nguyen, Michael; 'BPVinh@CMSenergy.com'; 'baovinh@yahoo.com'; 'bluengold99@yahoo.com'; 'CAL021@Yahoo.com'; Hatten, Micah; Green, Aaron
Cc:
Subject: GAME :Monday Oct 8 @ 8:45PM

BE AT THE FIELD BY  6:30pm (Practice)

Need for Monday (give to Rafael) .For those that haven't done so ,

                (1) $15 non Enron Employee , $10 Enron Employee

                (2) "Assumption of Risk and Release of Liability" form

NOTE: I can't make it to the game- mess up knee yesterday.

              Scott will run  the defense.

              Mein will run the offence.

              Rafael pick up the flags and footballs from me.

                       Directions: Louisiana

                                           (L) Lamar becomes Allen Parkway

                                           (R) S. Sherpherd (go under bridge)

                                           (L)Floyd

                                           (R) Reinerman   - 704 Reinerman

Good Luck.

 -----Original Message-----
From:   Dinh, Huy
Sent:   Thursday, October 04, 2001 7:28 AM
To:     Binns, Darran; Sera, Eddie; Harris, Tony; Avila, Rafael; 'JNGUYEN@CAMDENLIVING.COM'; 'HXDINH@HOTMAIL.COM'; Green, Aaron; Orellana, Richard; Tackett, Scott; Pounds, Rahman; 'longha624@yahoo.com'; 'CAN021@Yahoo.com'; 'APNikko@Yahoo.com''; Nguyen, Michael; 'BPVinh@CMSenergy.com'; 'baovinh@yahoo.com'; 'bluengold99@yahoo.com'

Subject:        Who's Playing Monday  (8:45 PM) ?
Importance:     High

 -----Original Message-----
From:   Dinh, Huy
Sent:   Tuesday, October 02, 2001 2:23 PM
To:     Binns, Darran; Sera, Eddie; Harris, Tony; Avila, Rafael; 'JNGUYEN@CAMDENLIVING.COM'; 'HXDINH@HOTMAIL.COM'; Taylor, Gary; Green, Aaron; Orellana, Richard; Tackett, Scott; Pounds, Rahman; 'longha624@yahoo.com'; 'CAN021@Yahoo.com'; 'APNikko@Yahoo.com''; Nguyen, Michael; 'BPVinh@CMSenergy.com'; 'baovinh@yahoo.com'; 'bluengold99@yahoo.com'

Subject:        Flag Football Rules - Pls review by 10/8 (Monday)
Importance:     High

<<FLAG FOOTBALL RULES.doc>>

 -----Original Message-----
From:   Dinh, Huy
Sent:   Monday, October 01, 2001 8:29 AM
To:     Binns, Darran; Sera, Eddie; Harris, Tony; Avila, Rafael; 'JNGUYEN@CAMDENLIVING.COM'; 'HXDINH@HOTMAIL.COM'; Taylor, Gary; Green, Aaron; Orellana, Richard; Tackett, Scott; Pounds, Rahman; 'longha624@yahoo.com'; 'CAN021@Yahoo.com'; 'APNikko@Yahoo.com''; Nguyen, Michael; 'BPVinh@CMSenergy.com'; 'baovinh@yahoo.com'; 'bluengold99@yahoo.com'

Subject:         I need head count for tonite's game
Importance:     High

 -----Original Message-----
From:   Dinh, Huy
Sent:   Wednesday, September 26, 2001 2:08 PM
To:     Binns, Darran; Sera, Eddie; Harris, Tony; Avila, Rafael; 'JNGUYEN@CAMDENLIVING.COM'; 'HXDINH@HOTMAIL.COM'; Taylor, Gary; Green, Aaron; Orellana, Richard; Tackett, Scott; Pounds, Rahman; 'longha624@yahoo.com'; 'CAN021@Yahoo.com'; 'APNikko@Yahoo.com''; Nguyen, Michael; 'BPVinh@CMSenergy.com'

Subject:        FW: Revised Schedule
Importance:     High

REMINDER -  WE ARE NOT PLAYING AT POST OAK YMCA  ,SEE ATTACHED MAP FOR DIRECTIONS.  CALL ME IF YOU NEED                          CLARIFICATIONS.

                GIVE YOURSELF ABOUT 45 MINUTE COMMUTING TIME (RUSH HOUR).

<<ASSUMPTION OF RISK AND RELEASE OF LIABILITY.doc>> <<Roster.xls>> <<Schedule & Map.doc>>

 -----Original Message-----
From:   Dinh, Huy
Sent:   Wednesday, September 26, 2001 1:31 PM
To:     Binns, Darran; Sera, Eddie; Harris, Tony; Avila, Rafael; 'BPVinh@CMSenergy.com,'; 'JNGUYEN@CAMDENLIVING.COM'; 'HXDINH@HOTMAIL.COM'; Taylor, Gary; Green, Aaron; Orellana, Richard; Tackett, Scott; Pounds, Rahman; 'longha624@yahoo.com'; 'CAN021@Yahoo.com'; 'APNikko@Yahoo.com''; Nguyen, Michael

Subject:        Revised Schedule
Importance:     High

We are playing Monday Oct 1 @ 6:45PM.  Attached is the revised schedule.

 I need for Monday .For those that haven't done so ,

                (1) $15 non Enron Employee , $10 Enron Employee

                (2) "Assumption of Risk and Release of Liability" from

                (3) EMAIL ME IF YOU CAN PLAY.

<<fall2001mondayfootball.doc>>

Huy Dinh
Enron Global Markets
Weather Risk Management
W(713)853-9696
C(713)303-3271

 -----Original Message-----
From:   Dinh, Huy
Sent:   Tuesday, September 25, 2001 8:03 AM
To:     Binns, Darran; Sera, Eddie; Harris, Tony; Avila, Rafael; 'BPVinh@CMSenergy.com,'; 'JNGUYEN@CAMDENLIVING.COM'; 'HXDINH@HOTMAIL.COM'; Taylor, Gary; Green, Aaron; Orellana, Richard; Tackett, Scott; Pounds, Rahman; 'longha624@yahoo.com'; 'CAN021@Yahoo.com'; 'APNikko@Yahoo.com''

Subject:        FW: Practice
Importance:     High

For those  that are going to practice tonite :

Directions:             From Enron (1400 Smith St)
                        Louisiana
                        (L)Prairie  becomes Memorial
                                Pass Detering , Westcott, Memorial Blvd

                        (L)Picnic

                        *across from the softball stadium .  Call me on my cell (713)-303-3271 if you 're lost

HXD

 -----Original Message-----
From:   Dinh, Huy
Sent:   Monday, September 24, 2001 4:45 PM
To:     Binns, Darran; Sera, Eddie; Harris, Tony; Avila, Rafael; 'BPVinh@CMSenergy.com,'; 'JNGUYEN@CAMDENLIVING.COM'; 'HXDINH@HOTMAIL.COM'; Taylor, Gary; Green, Aaron; Orellana, Richard; Tackett, Scott; Pounds, Rahman; 'longha624@yahoo.com'; 'CAN021@Yahoo.com'; 'APNikko@Yahoo.com'

Subject:        Practice
Importance:     High

Practice                Memorial Park

Time                    6:30PM

Pls  email  me if you will be available.


BUSINESS HIGHLIGHTS

US Natural Gas Teams
The US Natural Gas Marketing Originations Teams have had a successful 1Q
2001.  In addition to Mid Market Activity led by Fred Lagrasta, new
Origination Desk Heads and Marketing Teams have been set up across the US and
are led by the following: West Gas Origination - Barry Tycholiz, Central Gas
Origination - Laura Luce, East Gas Origination - Frank Vickers.  These teams
have made significant inroads in 2001, focusing on Customer Coverage, New
Accounts, Transportation Syndication, Risk Management Products and Market
Intelligence.  All of these individuals are open to any questions regarding
the new businesses.

Siebel Summary
EIM's ability to rapidly transform its designated forest products and steel
markets is dependent upon its ability to effectively manage the market
participants and accelerate their adoption of EIM's business strategy.  To
achieve this objective, EIM will implement Siebel Sales Enterprise, a
customer-focused centralized database that effectively leverages all
information learned about our customers and enables sharing of this
information throughout the front, mid and back offices.  Siebel is designed
to help in-house and mobile sales professionals in large organizations manage
accounts, contacts, activities and opportunities associated with the sales
cycle.  EIM Fundamentals is leading the Siebel implementation effort.

IN THE NEWS

Enron is hosting the New York Energy Risk Management Seminar at the St. Regis
Hotel in New York City on April 5, 2001.  Topics include: Power Outlook,
Natural Gas Outlook, and Weather Risk Management. To RSVP, contact Laura Pena
at x 3-5376.

WELCOME
New Hires
EGM  - Sherman Franzen, Fariba Karimi, Ryan Krogmeier, Lawrence Marcus
EIM   - Ronald Barnes, Paul Hanks, Chad Ihrig, Stella Pedroza, Linda Silva
ENA  - Hagar Kedem, Steven Merriss, Courdney Williams, Diane Fellers

Transfers
ENA ) Tammie Schoppe, Lynna Kacal, Johnna Kokenge, Karen Jones, Stuart
Zisman, Anne Labbe
EGM ) Justin Cornett, George Thomas, Richard Yeboah, Phi Khanh Wolfe, Alan
Harvey, Philip Berry, Ethan Schultz, Sanjeev Khanna, Mingcheng Lian

NUGGETS & NOTES

 "We have to move paper, make money AND move the industry."  -- Rodney
Malcolm,  Vice President/Forest Products EIM

Congratulations to Angela and Chris Connelly, manager in Coal Trading. They
are the proud parents of Nicholas Connelly, born on March 17 and weighed
7lbs.11oz.  (Rumor has it that at 48 hours of age, he had more hair than his
father!)

Congratulations to Carmen and Glenn Wright, director in Steel Origination who
welcomed little Lauren Nicole born March 12.  She weighed in at 7lbs.13oz.and
debuted with a full head of hair and "making lots of noise."

LEGAL STUFF
The information contained in this newsletter is confidential and proprietary
to Enron Corp. and its subsidiaries.  It is intended for internal use only
and should not be disclosed.


Here is my bootcamp class.? Thought you could print this up and frame it.? I
know that you are so proud to be dating someone in this picture!

-----Original Message-----
From: Sean Conner [mailto:seanconner231@hotmail.com]
Sent: Thursday, April 12, 2001 9:22 PM
To: Christina.Busse@quest.com; SDivers@aol.com; Waldrop, Barbara
(CBI-Houston); bentley_n@hotmail.com; divedeep2001@hotmail.com;
glenn.hatcher@cingular.com; jeremybowling@hotmail.com;
jrice@ctbsltd.com; mmy1@houston.rr.com; Triathlon4ever@aol.com;
rstainbk@earthlink.net; samantha.kennedy@bankofamerica.com;
sspatterson@hotmail.com; tjboatwright@yahoo.com
Subject: Bootcamp 73

Hi team,

Enjoy the photos...Hooyah!!!!!!!!!

Sean

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

?
 - bootcamp73.JPG


Note that the No "Out" version requires us to pay the premium on Tuesday!


Christie,

Thanks for the invitation.
I shall see you on Friday.

Vince

Christie Patrick
01/10/2001 05:35 PM
To: Thomas E White/HOU/EES@EES, Judy G Smith/HOU/EES@EES, Terence H
Thorn/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, James Prentice/GPGFIN/Enron@ENRON,
Peter E Weidler/NA/Enron@Enron, Vince J Kaminski/HOU/ECT@ECT, Christi L
Nicolay/HOU/ECT@ECT, Peggy Menchaca/Corp/Enron@ENRON, Ted
Ryther/OTS/Enron@ENRON, Dom Izzo/HOU/EES@EES, Larry L
Izzo/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Anne Jolibois/FGT/Enron@ENRON,
Linda Harris/FGT/Enron@Enron, Ann M Schmidt/Corp/Enron@ENRON, Cindy
Richardson/Corp/Enron@ENRON, Alhamd Alkhayat/NA/Enron@ENRON, Traci
Warner/Enron Communications@Enron Communications, Dave
Schafer/NA/Enron@ENRON, Julia White/ET&S/Enron@ENRON, Gene
Humphrey/Enron@EnronXGate, James Saunders/FGT/Enron@ENRON, Philip
Bazelides/HOU/AZURIX@AZURIX, James M
Bannantine/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Lohit
Datta-Barua/OTS/Enron@Enron, Janice Hogan/GPGFIN/Enron@ENRON, Kenneth
Lay/Corp/Enron@ENRON, Larry Reynolds/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rob
Walls/NA/Enron@Enron, Cindy Hodges/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Rockford Meyer/FGT/Enron@ENRON, Steven J Kean/NA/Enron@Enron, Ken Rice/Enron
Communications@Enron Communications, Chris Holmes/HOU/EES@EES, Kelly
Allen/HOU/EES@EES, Carol Barcus/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rick
Craig/OTS/Enron@ENRON, James D Steffes/NA/Enron@Enron, Richard
Shapiro/NA/Enron@Enron
cc:
Subject: Leonard Hilton Reception-DIRECTIONS-PARKING

Dear Friends,

Attached please find the EASIEST directions to   the University of Houston
Athletic/Alumni Center (from downtown).

I've also indicated the preferred parking areas.  The page looks large on
your screen, but prints normally.

Just to make sure everyone's set, I'm also attaching the invitation.

The PROGRAM will take place from 5:50 - 6:20, though the reception and track
meet will start before and continue thereafter.

I am very honored you will be able to join me.

Sincere thanks!

--Christie.


I didn't know where to ask, so here goes.  Please advise me of  whom I need to contact.   I recently was going thru My dad and mother's belongings,  I  found a life insurance policy for my dad.  It was issued by  Northwestern National Life Insurance Company, thru Northern Natural Gas  Company to Lawrence Maitland Rowden in October of 1952.     I am trying to find out if it is still in affect,  as my dad  passed away in 1999.  Any help or guidance would be greatly  appreciated.   Michael Rowden ( surviving son) 7000 Millennium Dr. Fort Smith, AR  72916 (501-788-8907)  Work #

____________________________________________________[IMAGE]  IncrediMail - Email has finally evolved -  Click  Here


Erin,

A book by Martha Amram and Nalin Kulatilaka is an excellent
non-technical introduction to real options and it contains all the most
important
references to more advanced books and papers.
The book has an endorsement  by Jeff Skilling on the cover page.

The Research Group offered  several one-day seminars on real options
and applications to the energy industry. We still have a few binders with
the presentation materials available if you are interested.
We plan to repeat the seminar sometimes in the fall.
The first part of the seminar (about 4 hours in the morning) covers general
concept of real options
and their applicability to the energy business.
The second, more technical afternoon session, covers stochastic processes used
to model price uncertainty in the energy markets and specific case
studies (valuation of natural gas storage facilities and of peaking gas-fired
power plants).

The real options approach has been developed specifically to address the
problem of making
investment decisions under uncertainty. Nobody in this field claims that this
is a
perfect tool, but it represents a significant progress compared to other
techniques developed
earlier.

Discounted cash flow analysis that tries to incorporate uncertainty through
analysis of several, in most cases, arbitrary scenarios (most likely,
optimistic,
pessimistic). These scenarios don't identify explicitly the risk drivers
and don't specify the future proactive management decisions.

The real, option approach is very powerful because it allows to (1) capture
uncertainty in an explicit way and  (2) to design investment projects that
allow to exploit future positive developments and reduce future exposures to
downside risk.
This approach allows also create a link between investment decisions and
future
operational decisions. Forward-looking investment decisions create options
that are exercised
in the future through active management of a project.

The real options technology relies heavily on advanced statistical tools to
come
up with the representation of future possible states of the world. The real
challenge is
to use these tools in a sensible way. I have seen in my career (almost 30
years
of applying mathematical tools to business and economic problems) many quants
armed with
powerful computers who reminded me of monkeys armed with hammers. The
challenge is not
to run mechanically  thousands of simulations based on arbitrary assumptions
but to translate in a  creative   way the insights of people who understand
specific  businesses
into parsimonious quantitative models. It is especially critical to
stress-test the assumptions
of any model and to ask the question if the outcome of a model depends
critically on any set of assumptions.
If this is the case one should use common sense to examine the underlying
assumptions.
I remember that in the early eighties quite a few models simulated the
dynamics of oil prices,
but all the stochastic scenarios represented fluctuations around a very
optimistic  upward trend.
One would have been better off stepping back and asking a simple question
what Economics 101
teaches about cartels and the dynamics of supply and demand.

	Enron North America Corp.

	From:  Erin Rice @ ENRON                           06/27/2000 03:52 PM

To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Pre-submitted question on eSpeak

Good news!  There is already a question waiting for your July 12 eSpeak
session.  I have pasted it below, although you don't have to respond until
the actual event.  Don't forget to send a bulleted list of discussion topics
if you would still like us to advertise the event on the elevator screens.

Thanks.

- er

submitted by breineck
I was doing some reading about the application of real options in the
evaluation of non-financial assets. Would you recommend any texts or articles
for a
more in-depth study of this area? Is quantification of risk or uncertainty
the major challenge in using this concept? Can statistical tools be used with
this to do
a sort of sensitivity analysis?


Forgot to tell you that Joe and I went to see the Jim Rome show when he was
in Houston a couple of weeks ago .  It was pretty good.  Too bad you'll never
see him in Omaha.  Guess what else?  We got a memo today that Enron is giving
all of its employees a home  computer and will subsidize their internet
connection.  Gift is part of their commitment to techonology.  Does your
company do this with your telephones?


FYI

Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/14/2000
08:16 AM ---------------------------

"NW Whitepapers Download" <Whitepapers@bdcimail.com> on 04/14/2000 03:33:59 AM
Please respond to "Whitepapers Download Help" <NWReplies@bellevue.com>
To: <vkamins@enron.com>
cc:
Subject: Whitepaper Download

NETWORK WORLD FUSION FOCUS: Whitepaper Download newsletter
04/13/00

Dear Wincenty Kaminski,

LIVE showdown of network industry experts
at a FREE webcast!

Completely LIVE and unrehearsed! Join Network World's John Gallant and
leading experts as they take opposing sides to debate hot networking
issues taken from the headlines. Premieres May 5 at 1:00 p.m. ET.
Register now at:
http://www.itworld.com/itwebcast/nw

Today's Focus: Whitepaper Download
---------------------------------------------------------------
By Keith Shaw

Welcome back to another exciting issue of Network World,s White Paper
Download! Our continuing mission is to provide you with the latest
technology and product information, right from the vendors themselves,
as well as a quick summary and link to the white paper itself.

This week we look at memory definitions, intelligent networks, Windows
2000 certification and Web hosting solutions for e-business. Enjoy!

Crucial Technology
Memory: The Next Generation

Rambus (RDRAM) and DDR (Double Data Rate) SDRAM are two new types of
memory promising to make your computer run faster. They are also the
subject of much debate as industry experts analyze the performance,
cost, and availability of both technologies.
Learn more about the differences between Rambus (RDRAM) and Double Data
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how the memory types differ structurally and at performance analysis.
http://www.nwfusion.com/go/wp041300_crucial.html
??FORE Systems?The Case for the Intelligent Infrastructure??As networks converge to support voice, video and data applications,?you,ll need networks that are intelligent to allow the deployment of?additional bandwidth without increasing administrative costs.?This paper describes an evolutionary approach to managing networks and?establishing an Intelligent Infrastructure capable of supporting?application convergence and increases in capacity without costly?network upgrades.?http://www.nwfusion.com/go/wp041300_fore.html?

Microsoft
The Business Value of Certified Applications

For a technology to have maximum value, it must deliver core benefits
to IT and to the organization. Simply put, these core benefits must
make life better and the job easier for IT while lowering the
technology's total cost of ownership (TCO) for the company.

The process of Windows 2000 Certification can help meet both of these
demands. This paper looks at the value and procedures involved of
Windows 2000 certification. It explains the process of certification
and also presents case studies of seven different companies who are
seeking or have received Windows 2000 certification.
http://www.nwfusion.com/go/wp041300_microsite.html
??Sprint?EBusiness / Web hosting??You,ve gotten your company past the year 2000 bug. Now what? As?businesses move beyond the Industrial Age and into the e-business age,?Web hosting is becoming a core tool for this migration.??This paper explores the issues and advantages of Web hosting, as well?as provides Sprint,s answer for a Web hosting solution for your company:?Part 1 -- http://www.nwfusion.com/go/wp041300_sprintebiz.html?Part 2 -- http://www.nwfusion.com/go/wp041300_sprintweb.html?

Editor,s Note: Last week,s link to Arrowpoint,s white paper was broken
for a bit, so if you couldn,t get to it here,s the updated link and
summary:

Arrowpoint Communications
Web Switching Defined: The Top 12 Benefits of Content
Intelligence
Exponential increases in Web traffic are causing major traffic jams at
the &exit ramps8 to Web servers and caches because today,s networking
equipment isn,t optimized for Web traffic. Enter Web switches, which
are armed with sophisticated URL load balancing, Network Address
Translation and embedded DNS intelligence capabilities.
http://www.nwfusion.com/go/wp041300_arrowpoint.html
??Want more white papers? Visit our Vendor White Paper area of?Network World Fusion:?http://www.nwfusion.com/whitepapers/index.html??

The white papers in this newsletter are provided by vendors who sponsor
their white papers on the Network World Fusion Web site. If your
company would like to sponsor its white papers on Fusion and in this
newsletter, call Sales Manager Jamie Kalbach at 610-971-1588.

?Subscription Services??To subscribe or unsubscribe to any Network World e-mail newsletter, go?to?http://www.nwwsubscribe.com/news/scripts/notprinteditnews.asp??To change your e-mail address, go to:?http://www.nwwsubscribe.com/news/scripts/changeemail.asp??Subscription questions? Contact Customer Service by replying to this?message.??Other questions/comments??Have editorial comments? Write Keith Shaw at kshaw@nww.com??Network World Fusion is part of IDG.net, the IDG Online Network.?IT All Starts Here:?http://www.idg.com??Copyright Network World, Inc., 2000?


Chris,  My comments are as follows:

 1.    The term (Article 4) was revised from the previous draft (month to
month) to now being a definitive term with no evergreen provision.  Is this
acceptable commerically?  Should we add an evergreen provision on to the end
of the current definitive term?

 2.  Section  9.9 - Doesn't give a time frame for this approval process.
Hattiesburg has no obligations under this agreement until this approval
occurs.   What if it doesn't occur for 3 years?  Need either (i) ability to
walk away from this agreement if not done by date certain, or (ii) assurances
from   Hattiesburg that this is a short process or has already been
accomplished.

 3.  Definition 1.2 in the GTC of "day".  Does this day match the gas day for
the interstate pipelines?  If not will this cause problems in scheduling.

 4.  General Comment:  Does this interruptible agreement provide the level of
service that this power plant will commercially   require?  Hattiesburg can
interrupt service at any time at  its discretion and furthermore, never
provide service under this   agreement by indicating to Caledonia that its
storage capacity is full with other storage committments.  Does this work?

	Chris Meyer
	05/19/2000 12:49 PM

		 To: Gerald Nemec/HOU/ECT@ECT, Jim Homco/HOU/ECT@ECT
		 cc: John Hodge/Corp/Enron@ENRON
		 Subject: FW: Hattiesburg Storage

Attached below is a revised copy of the Hattiesburg storage contract.  Please
review and comment ASAP.

chris
x31666

---------------------- Forwarded by Chris Meyer/HOU/ECT on 05/19/2000 12:47
PM ---------------------------

"Grindal, Corey" <GrindalC@EPEnergy.com> on 05/19/2000 11:33:53 AM
To: "'chris.meyer@enron.com'" <chris.meyer@enron.com>
cc:
Subject: FW: Hattiesburg Storage

> -----Original Message-----
> From: Grindal, Corey
> Sent: Thursday, May 18, 2000 2:47 PM
> To: 'john.hodge@enron.com'
> Subject: FW: Hattiesburg Storage
>
> John--
>
> Take a look see and see if this is acceptable.
>
> Corey
> (See attached file: Caledonia Hattiesburg Storage1.doc) <<Caledonia
> Hattiesburg Storage1.doc>>

******************************************************************
This email and any files transmitted with it from El Paso
Energy Corporation are confidential and intended solely
for the use of the individual or entity to whom they are
addressed. If you have received this email in error
please notify the sender.
******************************************************************

 - Caledonia Hattiesburg Storage1.doc


---------------------- Forwarded by Chris Germany/HOU/ECT on 12/27/99 11:20
AM ---------------------------

pdrexel@columbiaenergygroup.com on 12/27/99 08:04:15 AM
To: Dan Junek/HOU/ECT@ECT, Chris Germany/HOU/ECT@ECT
cc:
Subject: Revised CNG deliveries - Hope #'s Jan 00

---------------------- Forwarded by Paul Drexelius/CES/ColumbiaGas on 12/27/99
08:10 AM ---------------------------

Marianne Stiles
12/27/99 07:27 AM

To: Morgan Sharifi/CES/ColumbiaGas@ColumbiaGas
cc: Noel Bartlo/CES/ColumbiaGas@ColumbiaGas, Paul
Drexelius/CES/ColumbiaGas@ColumbiaGas
Subject: Revised CNG deliveries - Hope #'s Jan 00

Here are the final numbers to my retail deliveries.

 - Book2.xls


Please delete the following names from your distribution list for GCP changes
IMMEDIATELY:

Cyndie Balfour-Flanagan
Anthony Campos
Susan Elledge
Bridgette Anderson
Stacey Richardson

Thanks,
Stacey

Paul de Canha
10/25/2000 12:10 PM
To: Daniela de Lisi/LON/ECT@ECT
cc: Enron Europe Global CounterParty, Enron Europe CP Name Changes, Sanjeev
Gupta/NA/Enron@ENRON, Oscar Rivera/NA/Enron@Enron
Subject: Merger - New Name E.on Kraftwerke GmbH

Bayernwerk Konventionelle Warmekraftwerke AG  and PreussenElectra Kraftwerke
AG and Co. KG are now inactive on GCP system .

They have now merged  and Formed E.on Kraftwerke GmbH .

Attached below is a fax confirming This . This has also been confirmed by
Neil Anderson and Anna Reich in Credit .

Regards
Paul
35593

Paul de Canha
25/10/2000 11:41
To: Stephen Furter/LON/ECT@ECT
cc:

Subject: E.on Kraftwerke GmbH - Merger

London Fax System
23/10/2000 17:53
To: ECT MAILIN LON UK EU GlobalCP DB ECTLONLN3@ECT
cc:

Subject: New fax received (Likely sender: 020 7783 8029).

You have received a new fax from 020 7783 8029

The image contains 1 page(s).


Please see attached memo for this evening's conference call.  (5:00 PM CST)


Just a reminder I will be out of the office tomorrow, Wednesday the 25th.  I
am also planning on being out of the office on November 7th.  Please reach me
early today if you need anything by tomorrow.  I will be back in the office
early on Thursday.


Did you see pacific ga sna delectric ' stock today?


ELECTRONIC SCHEDULING WORK GROUP (Partial Listing)

We have received information that you are a member of the new
Electronic Scheduling Work Group.  This group will be part of our
new 2002 Directory and Calendar of Meetings.  Therefore, we will
need information from you to complete our listing.

Please furnish me with the following:

	Complete Name
	Mailing Address
	Phone Number
	Fax Number

Please provide this information as soon as possible.  Our goal is to
complete this directory by Friday at the latest.

Thank you for your assistance.

Evelyn Emerson
Senior Administrative Coordinator
PH (801) 582-0353
FX (801) 582-3918
EM  evelyn@wscc.com


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/06/2001
05:38 PM ---------------------------

"Angela Dorsey" <Angela.Dorsey@bus.utexas.edu> on 04/03/2001 03:12:14 PM
To:
cc:
Subject: Energy Finance Conference presentations available

FYI:
You can now retrieve most all the speaker presentations of the 2001 Energy
Finance Conference (Feb 22-23) from our website at
http://cefer.bus.utexas.edu, with the exception of presentations made by John
McCormack, Peter Nance, Sailesh Ramamurtie, and Ehud Ronn / Anoop Kapoor,
which I hope to still receive.

Sincerely,
Angela

**************
Angela Dorsey
Assistant Director
Center for Energy Finance Education & Research
The University of Texas at Austin
Department of Finance, CBA 6.222
Austin, TX 78712
angela.dorsey@bus.utexas.edu
**************


The Bond Legislation
The Democrats in the Assembly and Sentate have agreed to language to create a Dedicated Rate Component to repay the budget and de-link the bonds from the DWR contracts.
But the Republicans have still not agreed to go along.
The bill would require a 2/3's vote to keep the bond issuance on schedule, so Republican votes are necessary.
The Republicans are trying to meet tonite or tomorrow to determine whether to go along.

The Conference Committee
Senator Burton does not like the idea of a conference committee and at this point prefers to use the existing committee structure to hear the core/noncore proposal.
Using the existing committee structure could take longer to produce a bill than using the conference committee structure, but how much longer is uncertain.
No sense yet of when hearings on the core/noncore proposal---in conference committee or otherwise--will take place, though Burton continues to say that he wants to "give it a chance."

The Core/Noncore Legislative Language
The negotiating group continues to work on the language.
The language was supposed to be delivered to Hertzberg by COB today, but more work needs to be done and it is now scheduled to be delivered first thing tomorrow morning.

Senator Dunn's Investigative Committee Hearing
The hearing's been moved from tomorrow to Wednesday.

Best,
Jeff


----- Forwarded by Cindy Derecskey/Corp/Enron on 10/26/2000 06:32 AM -----

	"John Martin" <J_Martin@baylor.edu>
	10/25/2000 06:58 PM

		 To: <Cindy.Derecskey@enron.com>
		 cc:
		 Subject: RE: Enron Case Study

Cindy,

Great to hear from you and I look forward to getting our interviews done.  I
am answering this from a hotel in Seattle so I don't have questions for you
at this time but can get them together for you.  I will contact Vince next
week and get a set of questions together for each of the three individuals
you mentioned.  I will have to talk to Vince about others who would be of
interest to interview.  I really appreciate your help in getting this
together and I'll work hard to get everything together for you next week.  I
don't have Vince's e-mail address with me here so I would appreciate your
forwarding this message on to him for me.

Thanks again,

John

-----Original Message-----
From: Cindy.Derecskey@enron.com [mailto:Cindy.Derecskey@enron.com]
Sent: Wednesday, October 25, 2000 11:23 AM
To: J_Martin@baylor.edu
Cc: Christie.Patrick@enron.com; Vince.J.Kaminski@enron.com
Subject: Enron Case Study
Importance: High

Good morning Mr. Martin,

I would like to introduce myself.  I currently work with Christie Patrick
and Michael B Rosen in the Enron University Affairs department.

In recent discussions with Christie, she has suggested that I liaise with
you and our management in preparation for your and Vince Kaminski's case
study.  Christie has forwarded recent emails sent by you suggesting a few
convenient times that work with your schedule.  I will work with our
management and do my best to schedule one hour time slots for interviews
that fit with your outline.

Initially, I will schedule interviews with: Ken Lay - chairman and CEO,
Jeff Skilling - president and COO, and Andy Fastow - CFO.  If you feel that
you may need to speak with additional management, we will definitely try to
work something out the same day, so you don't have to travel back here.  I
will forward your project outline to the aforementioned participants once
the interviews are scheduled.  Do you anticipate drafting specific
questions?  If so, I would greatly appreciate a copy when convenient.

I greatly look forward to working with you and I hope that we can touch
base very soon.

Regards,

Cindy Derecskey
Enron University Affairs
(713) 853-5670


Cheryl,

Do you have any documentation on a gas lift deal with Coastal?Engage? at
meter 098-1520?  Thanks.  George x3-6992

---------------------- Forwarded by George Weissman/HOU/ECT on 04/19/2000
06:48 PM ---------------------------

Lauri A Allen
04/19/2000 02:40 PM
To: Heidi Withers/HOU/ECT@ECT
cc: william.c.falbaum@enron.com, George Weissman/HOU/ECT@ECT,
dfarmer@enron.com
Subject: Re: HPL Delivery Meter 1520

Heidi-  There should be a deal ticket in Sitara for this sale to Engage, but
it looks as though 12/99 was the last month a deal was entered
(IF/HSC+1.00).  George/Craig- could you guys coordinate who should be rolling
this deal or let us know if this gas should not be flowing?  Heidi-
historically we've been charging $.60/mm for this transport.

	Enron North America Corp.

	From:  Heidi Withers                           04/19/2000 10:27 AM

To: Lauri A Allen/HOU/ECT@ECT
cc:
Subject: HPL Delivery Meter 1520

I am finding flow out there on HPL 215 for meter 1520 (Tx City Coastal
States) starting 4/1/00 (actually, no volume was scheduled but looks like it
has been allocated since March 1).  Did you want a premium rate for this?


A short time ago, we introduced a new hiring process utilizing the Position Request Form.  The idea is to complete the form and get the required approvals before beginning the recruitment process.  However, I do understand there may be times when we need to "slam dunk" a new hire and we'll make sure we do our best to not be a barrier to your hiring/recruiting needs.

However, please bear in mind that the forms contain salary information and we need to ensure that they remain secure.  Any requisition forms that require approval should be directed to me either through Confidential interoffice mail, secured fax (974-6985) or secured email (Dawn.Doucet@enron.com).  I will forward all requests to Rob Milnthorp for approval.

I've revised the form (slightly)....

It will also be available on the Enron Canada HR website:  http://hrweb.enron.com/ect/

Thanks.....


Online Auction benefiting March of Dimes

Wednesday, April 25 and Thursday, April 26
Auction opens promptly at 9:00 a.m. on Wednesday and closes Thursday at 4:00
p.m.

To make your bid, click on:
http://my.home.enron.com  or
http://ecweb05e.enron.net/apps/auction.nsf/

Great items to bid on. 100% of proceeds benefiting March of Dimes. Don't miss
out!


---------------------- Forwarded by Eric Bass/HOU/ECT on 09/21/2000 02:02 PM
---------------------------

"Michael Ballases" <mballases@hotmail.com> on 09/21/2000 01:53:39 PM
To: stormtrooper@fireman.net, ezra@airmail.net, bhoskins@hotmail.com,
claydo40@hotmail.com, douglo@hotmail.com, ebass@enron.com,
gfortunov@hotmail.com, gordomcc@rocketmail.com, hcampos@enron.com,
Jason.Bass2@compaq.com, lhunsmi@hotmail.com, Lenine.Jeganathan@enron.com,
shelleyzee@mail.utexas.edu, simpson_molly@hotmail.com, psamarti@austinc.edu,
rz411@hotmail.com, westont@swbell.net
cc:
Subject: Fwd: Football season is here.....this one is terrible, nonetheless,
it is funny - GIG 'EM AGGIES!!

GO HORNS!!!!!!!!!!!

Subject:  Football season is here.....this one is terrible, nonetheless, it
is
       funny

 >Good one!
 >
 >>A Longhorn fan used to amuse himself by scaring
 >>every A & M fan he would
 >>see strutting down the side of the road in their
 >>obnoxious burgandy and white
 >>colors.
 >>
 >>He would swerve his van as if to hit them, and
 >>then he would swerve back
 >>on the road just before hitting them.
 >>
 >>One day, as the van driver was driving along, he
 >>saw a priest. He thought
 >>he would do a good deed and pulled the van over.
 >>He asked the priest,
 >>"Where are you going, Father?"
 >>
 >>"I'm going to give Mass at St. Patrick's Church,
 >>about five miles down the road," replied the priest.
 >>
 >>"No problem, Father! I'll give you a lift. Climb
 >>in!"  The priest climbed
 >>into the passenger seat, and the van continued
 >>down the road.
 >>
 >>Suddenly, the driver saw a A & M fan strutting
 >>down the road, and
 >>instinctively, he swerved as if to hit him. But,
 >>as usual, just in time,
 >>he swerved back to the road, narrowly missing the guy.
 >>
 >>Even though he was certain he missed the guy, he
 >>still heard a loud
 >>"THUD." Not understanding where the noise came
 >>from,  he glanced in his mirrors,
 >>but he didn't see anything.
 >>
 >>He then remembered the priest, and he turned  to
 >>the priest and said, "I'm
 >>sorry, Father. I almost hit that Aggie fan."
 >>
 >>"That's OK," replied the priest. "I got
 >>  him with the door."
 >>
 >>FOOTBALL SEASON'S HERE!  AND SO IT BEGINS.........
 >>GO LONGHORNS!
 >>
 >
 >_________________________________________________________________________
 >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.
 >
 >

_________________________________________________________________________
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.


Become a Sponsor/Advertiser for only  $15.00per year!

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Attached is a list of EES retail issues regarding the matters we discussed
yesterday.  We are beginning to track down answers to these issues, and we
look forward to coordinating our efforts.  MDS


Good idea.  3:00 CDT is good with me.

Stacey Bolton
Environmental Strategies
Enron Corp
713-853-9916 direct
713-303-2632 cell
stacey.bolton@enron.com <mailto:stacey.bolton@enron.com>

 -----Original Message-----
From: 	Thome, Jennifer
Sent:	Monday, October 22, 2001 8:31 AM
To:	Mainzer, Elliot; Bryson, Jesse; Bolton, Stacey; Ring, Richard
Subject:	Renewables call tomorrow - reschedule?

Due to the all employees meeting tomorrow at 10am Central, I would like to try to reschedule our weekly call.  My schedule is open the rest of the day.

How about 3pm tomorrow?

 -----Original Message-----
From: 	Enron Announcements/Corp/Enron@ENRON   On Behalf Of Ken Lay@ENRON
Sent:	Monday, October 22, 2001 6:29 AM
To:	All Enron Worldwide@ENRON
Subject:	All-Employee Meeting

I want to remind you about our All-Employee Meeting this Tuesday, Oct. 23, at 10 a.m. Houston time at the Hyatt Regency.  We obviously have a lot to talk about.  Last week we reported third quarter earnings.  We have also been the subject of media reports discussing transactions with LJM, a related party previously managed by our chief financial officer.  Today, we announced that we received a request for information from the Securities and Exchange Commission regarding related party transactions.

I know you will have a number of questions about these issues and events, which I will address.   As usual, I will be as candid as I can.  I will do my best to provide answers and talk about where we go from here.  I encourage each of you to attend or tune in tomorrow.


Dave,

See below broad summary from certain key Eurpoean jurisdictions. The
"concern" countries are Belgium and the Netherlands.

J

---------------------- Forwarded by Justin Boyd/LON/ECT on 26/05/2000 12:58
---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "West, Nick" <nick.west@linklaters.com>
26/05/2000 12:58

To: "'jboyd@enron.com'" <jboyd@enron.com>
cc: "Didizian, Marly" <marly.didizian@linklaters.com>

Subject: Enron online/sports.com competition

Dear Justin

You asked for a summary of the UK and foreign advice which we have collated
on the lawfulness of the Enron online/sports.com "spread betting"
competition. I have set out a short note below. Marly and I would be happy
to discuss it with you further by telephone at any time this afternoon.

I have assumed that the competition is based predominantly on chance. I have
also assumed that there is no element of indirect consideration required to
enter the competition. We may need to discuss these points in more detail.

UK:

There appears to be no problem. The competition cannot be a lottery as the
contestants do not pay to enter. The competition may fall within the
definition of gaming, but only unlawful gaming is prohibited. The
competition format which you have described is unlikely be an unlawful game.

Germany:

There appears to be no problem as far as gaming laws on lotteries and the
German Trading Regulations are concerned, because the participants will not
pay to enter the competition. However, it is possible that there may a
breach of unfair competition laws. One of Enron's customers without online
trading capacity or one of Enron's competitors could argue that the
competition is anti-competitive i.e. Enron is trying to influence the
decision of its online trading customers as to whether they should trade
with Enron at all. We should consider this risk in greater detail. If the
game was held to be anti-competitive, Enron would have to cease to offer it
to German customers.

Netherlands:

Under the Dutch Games of Chance Act (GCA), games of chance are generally
prohibited, even if participation is free.  However, we have been advised
that, to date, it is not clear whether the GCA even applies to internet
games. We have also been advised that, in any event, the Dutch authorities
are unlikely to consider it a high priority to try to enforce the GCA
against a game offered for a limited time with only a moderate prize.
Finally, we have been advised that if the game complies with the law in the
country of its origin, this would decrease the likelihood of any Dutch
action. Thus the key decision in the Netherlands is whether the commercial
benefits of the competition outweighs the risk of a fine for contravention
of the GCA - maximum NLG 25,000 (approx 10,000 USD).

The GCA also only applies to games of chance. The provisions of the act
could be avoided if a greater degree of skill was introduced in to the
competition.

Italy:

You may recall that under Italian law, it appears that Enron will need to
get the approval of the Italian Ministry of Finance to offer the game to
Italian customers as it falls within the definition of an "advertising
contest". Having discussed this matter with our Italian colleagues, it seems
that Enron will be unable to avoid this requirement unless it does not offer
prizes. Authorisation is likely to take a minimum of 30 days - there is no
fast track process. Furthermore, since the website will be co-branded Enron
online/sports.com, we have been advised that both parties would need to seek
authorisation. Failure to obtain authorisation may result in a fine of up to
15m Lire (approx 7,500 USD) and continuing an unauthorised game in
contravention of an order of the Ministry of Finance may result in a fine of
up to 100m Lire (approx 50,000 USD).

We have also been advised that the Italian Ministry of Finance does not
undertake regular or thorough searches of the internet to identify
potentially unlawful advertising contests. With this is mind, Enron may
consider that the commercial benefits of running the competition in Italy
outweighs the risk of being fined. We may need to consider this issue in
more detail.

Belgium:

The advice we received from our Belgian colleague is inconclusive. The game
does not fall foul of the new Law on Games of Chance as no entry fee is
charged. However, we have been advised that there is a small risk that the
game may be prohibited under the Law on Lotteries of 1851 since it is a game
of chance. This risk can be alleviated by limiting the access to the game to
defined group of users - as is the case here - and by increasing the level
of skill involved. We may need to consider this risk in more detail since
civil and criminal sanctions may be imposed on the organisers of a
non-authorised lottery - imprisonment for up to 3 months and a fine of up to
BEF 600,000 (approx 14,000 USD) for the organiser of the competition (Enron)
as well as a fine for the distributor (sports.com) of up to BEF 200,000
(approx 4,500 USD)

Switzerland:

There appears to be no problem under Swiss law as the contestants do not
need to pay to participate.

____________________________________________________________

This message is confidential. It may also be privileged or
otherwise protected by work product immunity or other legal
rules. If you have received it by mistake please let us know
by reply and then delete it from your system; you should not
copy the message or disclose its contents to anyone.
____________________________________________________________


gary,

 thanks for the info.


I started the process with Oxy to approve an agreement with ENA similar to the one with EES in December of 2001.  We should have it tomorrow morning, it can be signed and faxed to them and you will be able to do a deal.

We will get regular, hard copies of the agreement back via regular mail.

Post-petition monies cannot be set off against pre-petition, but if someone wants to send me the short paragraph you are using....we will incorporate it.  I am adding the necessary bankruptcy wording to the GISB.

Christy

-----Original Message-----
From: Barbe, Robin
Sent: Monday, June 17, 2002 2:54 PM
To: Finelli, Christina; Darmitzel, Paul
Cc: McMichael Jr., Ed; Schneider, Chip; Concannon, Ruth; Germany, Chris
Subject: RE: GISB Base Contract - Occidental Energy Marketing, Inc.

fyi,

very few phone lines are recorded post petition.  my phone line is not.  we can send out a written confirm.

robin

-----Original Message-----
From: Finelli, Christina
Sent: Monday, June 17, 2002 11:53 AM
To: Barbe, Robin
Cc: Darmitzel, Paul
Subject: RE: GISB Base Contract - Occidental Energy Marketing, Inc.

Robin,

I have reviewed the GISB sent by Occi.  The GISB between Occi and EES does NOT contain the special provisions contained in the within GISB.  I can tell them we want the wording exactly the same, but we are dealing with different types of deals.

The main reason EES was able to negotiate them out, was EES did not record.  EES prefers to have a written confirmation, does Wholesale?

Paul, since Wholesale records, I would think that the second special provision would apply, and the first one certainly could or could not, depending upon whether this is the practice of Wholesale.  If this is merely Occidental's practice, then I will propose wording to change the reading to reflect that we do WANT all confirmations of less than one month to be confirmed.

The third special provision, can go either way, your call?

The fourth provision, seems fine, again your call?

Normally the pre-payment (by Occy) does not go in the actual GISB agreement.  I would like to have Carol Wilson insert our bankruptcy language right before the signatures on page one.

Also, I would suggest under confirming party on page one, that it read:  Enron Wholesale, unless you do not prefer to confirm, but I am pretty sure you do.

Let me know later.

Christy

-----Original Message-----
From: Barbe, Robin
Sent: Friday, June 14, 2002 1:43 PM
To: Finelli, Christina
Subject: FW: GISB Base Contract - Occidental Energy Marketing, Inc.

here's the gisb.  thanks for your help.

robin
37177

-----Original Message-----
From: Carol_Wilson@oxy.com [mailto:Carol_Wilson@oxy.com]
Sent: Thursday, June 13, 2002 3:24 PM
To: Barbe, Robin
Subject: GISB Base Contract - Occidental Energy Marketing, Inc.

Robin,

How are you doing?  It has been a few years since we've seen each other.
John Fitzpatrick asked that I send to you the GISB contract for your review.
If you will complete the information on the right-hand side of the first
page and email back to me I will prepare originals for execution.

Let me know if you have any questions.

Sincerely,

 <<GISB-new.DOC>>

Carol Wilson
Occidental Energy Marketing, Inc.
Tel. # 713-215-7182
Fax # 713-215-7486
carol_wilson@oxy.com


I believe it is timely to discuss this again and I agree with Cynthia that
stand alone legislation does nothing to address the essential transmission
structural issues.

I am open minded on the issue if someone can make a compelling case to
support stand alone legislation, BUT my gut reaction is that it would be  a
serious mistake.  Congress would happily put off dealing with this issue for
years if it passes reliability only legislation.  I think the legislation
itself makes little or no progress on our issues and may even set us back on
making progress at FERC and in other fora.

I realize that if this gets going it may be hard to stop, but it would be
such a cynically ineffective approach to the real reliability problems that
we should help whomever we can to put a stop to it.  If it gets through
committee, I have no confidence in this Congress to actually amend it into
something better and broader, so, again, I have difficulty seeing why we
should go that route.

I look forward to the discussion.

Cynthia Sandherr@ENRON
07/17/2000 02:20 PM

To: Joe Hartsoe/Corp/Enron@ENRON
I
cc: Richard Shapiro/HOU/EES@EES, Steven J Kean/HOU/EES@EES,
dwatkiss@bracepatt.com, cingebretson@bracepatt.com, Joe
Hillings/Corp/Enron@ENRON, ed@buckham.com, Jeff Brown/HOU/EES@EES
Subject: Re: Stand-alone Reliability Legislation

Joe:  thanks.  Allison is arranging a brief (thirty minutes) Conference Call
for sometime tomorrow  so we can assure that we are all on the same page on
this issue.  Although we had supported the policy agreement, we had been on
record to oppose for political reasons the bill's movement on a stand-alone
basis since policing the grid does nothing to address the essential
transmission structural changes the market is crying to have addressed in
order to provide reliability.  However, given Jeff Brown's efforts, the
political need for inoculation and other political developments, it is timely
to once again discuss Enron's position.  I look forward to our call sometime
tomorrow. Cynthia

Joe Hartsoe
07/17/2000 03:09 PM
To: Richard Shapiro/HOU/EES@EES, Cynthia Sandherr/Corp/Enron@ENRON
cc:

Subject: Stand-alone Reliability Legislation

FYI.  Thoughts?  JOE
---------------------- Forwarded by Joe Hartsoe/Corp/Enron on 07/17/2000
03:01 PM ---------------------------

janderson <janderson@elcon.org> on 07/17/2000 12:34:47 PM
To: jhartso@enron.com
cc: myacker@elcon.org, dwatkiss@bracepatt.com

Subject: Stand-alone Reliability Legislation

Joe,

It is my understanding that you were on the call for a short time this
morning of the group dealing with reliability language.  The discussion
covered the chances of stand-alone reliability legislation.

Where do you stand on this issue?

As you are aware, ELCON has been opposed to any kind of stand-alone
legislation -- including reliability.  At first, we were not strongly
opposed to the stand-alone reliability piece.  However, we have become more
opposed as time has passed and we have seen how the vertically-integrated
recalcitrant utilities have been able dominate NERC and stifle any
progressive market-oriented movement.  We think things would be as bad --
if not worse -- with the stand-alone creation of NAERO.  The establishment
of NAERO -- alone -- would not be good for the development of markets.

Given this, we are concerned about how things are going.  However, we
aren't doing much on our own since we would be very ineffective.  We are
open to ideas.

John


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 05/02/2001
03:10 PM ---------------------------

Zimin Lu
05/02/2001 01:41 PM
To: Paulo Issler/HOU/ECT@ECT
cc:  (bcc: Vince J Kaminski/HOU/ECT)
Subject: Re: Asian Option for Pavel

Our convention is whoever finalizes the model should write the
documentation.  It does not make sense
to write one when changes are anticipated.  You have been working on this
almost a year, it never
strikes you that we need a documentation ?

I created Exotica.xll, does that also give you an excuse not working on
Exotica documentation ?

Zimin

Paulo Issler
05/02/2001 11:52 AM
To: Zimin Lu/HOU/ECT@ECT
cc: Tai Woo/ENRON@enronXgate @ ENRON, Pavel Zadorozhny/Enron@EnronXGate
Subject: Re: Asian Option for Pavel

I am surprised that we do not have the documentation ready.
I can make that for you. It is not there because you did not put that
together by the time it was created and all the changes I have made did not
required changes on the functionality.
Paulo Issler

Zimin Lu
05/02/2001 11:29 AM
To: Tai Woo/ENRON@enronXgate @ ENRON, Paulo Issler/HOU/ECT@ECT
cc: Pavel Zadorozhny/Enron@EnronXGate
Subject: Re: Asian Option for Pavel

Tai Woo,

Here are the c-codes for the CrudeAPO.  'Sig' is the spot
volatility meaning the price volatility within the delivery period.
You should consult  with Pavel for the definition of this "extra"
parameters.   We
would like to see the Position Monitor once you get it running.
We might have some additional suggestions.

Paulo,

Why don't we have a documentation on CrudeAPO you worked on ?
I can not find it in Exotica help file.   Please supply that to Tai, thanks.

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

From: Tai Woo/ENRON@enronXgate on 05/02/2001 09:55 AM
To: Paulo Issler/HOU/ECT@ECT
cc: Kara Maloney/ENRON@enronXgate, Zimin Lu/HOU/ECT@ECT
Subject: Asian Option for Pavel

This morning, Zimin told me that Pavel is using a special model in evaluating
his Asian option portfolio.
He asked me to talk to you in order to access to the code so that I can see
the difference made to the model.

As I cannot find the doc. describing this model, please tell me what that new
input parameter 'Sig' is.

Thanks,


---------------------- Forwarded by Jinsung Myung/Corp/Enron on 10/09/2000
10:04 AM ---------------------------

	Enron North America Corp.

	From:  Richard Broussard                           10/09/2000 08:47 AM

To: Mitch Robinson/Corp/Enron@Enron
cc: Jinsung Myung/Corp/Enron@Enron, Chris Lenartowicz/Corp/Enron@ENRON

Subject: Re: Y2K Site Directions...

Jinsung,

Attached is an Excel file with contact information and maps for all of the
plants.

Rick


---------------------- Forwarded by Sanjay Gupta/HOU/ECT on 12/04/2000 04:03
PM ---------------------------

Kathy Reeves
12/04/2000 03:49 PM
To: Sanjay Gupta/HOU/ECT@ECT
cc: John D Postlethwaite/HOU/ECT@ECT
Subject: Canada Currency Issues.

Sanjay,
In order to calc our book every day our C$ calc must be able to calc any USD
deals that are in the book.  Currently the book errors out.  See postID 7746
deal 473233.  The C$ book should take the USD MTM and multiply it by that
day's fx curve in order to derive the C$ amount.

Also, In order to manage our currency exposures there are certain reports
that we are going to need:

Daily Change Report:  This report needs to be amended so that p&l due to
currency curveshift is separately stated.  This p&l would be calculated as:
Yesterday's USD position x (today's fx rate - yesterday's fx rate)

Currency position report:  This is a report needs to show by month (by day
for the current and prompt month) what our USD and CAD$ position is.  Our USD
position would be the estimated cashflows for all of our deals denominated is
USD.  Our C$ position would be the estimated cashflows for all of our deals
denominated in C$.  We will use the USD position report in order to enter
into offsetting currency hedges.

We are going to need this as soon as possible.

Kathy


pls print.  thanks df
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 03/12/2001
08:03 AM ---------------------------
From: Susan Scott/ENRON@enronXgate on 03/09/2001 03:05 PM
To: Drew Fossum/ET&S/Enron@ENRON
cc:

Subject: Red Rock open season

See the attached.  The notice assumes Calpine's bid is not binding.


.. Wilma had a very perverted idea, that gave her butterflies in her stomach.
She wanted to suck the sex-crazed beast's huge cock.
It was a part of her favorite fantasy, and so tempting that she couldn't resist....
To be continued...

CLICK HERE  <http://www.newpowerdomain.com>

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Dear Colleague:

We are honored to have Chairman Pat Wood of the Public Utility Commission of
Texas as the distinguish speaker for the meeting of the Central Texas Chapter
of the United States Association for Energy Economics.  Chairman Wood is the
main architect of electric industry restructuring in Texas and this meeting
offers a unique opportunity to hear his speech entitled:

"Texas' Future Competitive Electric Industry"

Please mark your calendars and join us on Wednesday, November 29 at 5:00 PM
at the Lower Colorado River Authority's Board Room, Located at 3700 Lake
Austin Blvd (Hancock Building), Austin, Texas.  The meeting will open with
refreshments and Chairman Wood's presentation will begin at 5:30 PM.  The
meeting is open to the public and is free. We extend a special invitation to
all members of the USAEE that reside in the central Texas area. Please plan
to meet David DeAngelo, President of USAEE, who we are fortunate to have as
our special guest. David will be happy to answer any questions you have about
the IAEE and USAEE.

About the CTAEE

The Central Texas Association for Energy Economics (CTAEE) focuses on current
energy events and research at the state, national, and international level.
It is an excellent forum to meet, network, and exchange ideas in the regional
energy community.  Local programs will be held six to eight times a year.

The CTAEE is a local chapter of an international association known as the
International Association for Energy Economics (IAEE).  CTAEE is a non-profit
organization and is a totally non-partisan forum for stimulating discussion
and dialogue on major energy policy and analysis issues.  To provide
exceptional meeting topics and dialogue we need your local membership.  Your
participation in CTAEE can bring new ideas to help promote effective energy
policy.

About the IAEE and USAEE

The International Association for Energy Economics (IAEE), founded in 1977,
provides a forum for the exchange of ideas, experience and issues among
professionals interested in energy economics. Its scope is worldwide, as are
its members, who come from diverse backgrounds -- corporate, academic,
scientific, and government. The United States Association for Energy
Economics (USAEE) is an affiliate of the International Association for Energy
Economics.  As a member of IAEE you will gain a broader understanding of
energy economics, policymaking and theory. Members are kept well informed by
IAEE and USAEE publications and conferences on events within the energy
industry and energy challenges that lie ahead. Furthermore, membership
provides you with the opportunity to network within the largest association
of energy professionals in the world.

Mina M. Dioun, Ph.D.                 Neil
McAndrews                            Karl J. Nalepa
CTAEE President                        CTAEE Vice President
CTAEE Treasurer
(512) 473-3333 x-2549                 (512)
415-3227                            (512) 463-8574
mdioun@lcra.org  nmcandrew@austin.rr.com
karl.nalepa@rrc.state.tx.us

 - ctaee-Meeting.doc


Hi Evening MBA students,

Please find attached Evening MBA course information for Spring 2002,
including class dates and locations.

CLASSES BEGIN:
Tuesday, January 22 (for core and electives)
(Monday classes begin January 28)

SPRING 2002 Holidays:
Martin Luther King:  Monday, January 21
Presidents' Day:  Monday, February 18

2nd & 3rd Year Students:  Spring Break March 25-28
1st Year Students:  core classes will be held March 25-28

Thanks and see you,
TJ


AT APPROXIMATELY 22:00 10-23-01 A U - HAUL RENTAL TRUCK WAS FOUND IN
NEWARK SUB STATION.   SUB IS LOCATED

20 MILES EAST OF COLUMBUS OHIO. IT IS 69- 4 KV WITH SIX DISTRUBITION
FEEDERS SERVING 3795 CUSTOMERS.  THE TRUCK

 HAD CRASHED THROUGH THE GATE AND KNOCKED OVER A METERING PEDESTAL.  A
BRICK HAD BEEN WEDGED TO HOLD

 THE GAS PETAL DOWN .  LOCAL AUTHORITIES WERE ADVISED, AND THE
INVESTIGATION IS ONGOING.  NO OUTAGES WERE

EXPERIENCED.


ISO Market Participants:

The attached document contains the CERS May Settlement figures:

 <<CERS May Settlement.xls>>
Client Relations Communications
CRCommunications@caiso.com


We have received the Mutual Non-Disclosure Agreement effective as of 11/1/00
by and among the referenced Counterparty and Enron Net Works LLC and
EnronOnline, LLC.  Copies will be distributed.


FYI.
---------------------- Forwarded by Susan Scott/ET&S/Enron on 08/03/2000
04:49 PM ---------------------------

Christine Stokes
08/03/2000 01:51 PM
To: Steven Harris/ET&S/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON, Mary Kay
Miller/ET&S/Enron@ENRON, Glen Hass/ET&S/Enron@ENRON, Mary
Darveaux/ET&S/Enron@ENRON, Bill Cordes/ET&S/Enron@ENRON
cc: Kevin Hyatt/ET&S/Enron@Enron, Susan Scott/ET&S/Enron@ENRON, Ted
Chavez/GPGFIN/Enron@ENRON, Richard Abramowicz/ET&S/Enron@ENRON, Toby
Kuehl/ET&S/Enron@ENRON

Subject: Transwestern IOS Approval

TRANSWESTERN PIPELINE
INTERACTIVE OPEN SEASON APPROVAL

Please review the attached announcement of Transwestern's Interactive Open
Season to be held Thursday, August 10, 2000.  Transwestern will be offering
14,000 Dth/d of East of Thoreau to PG&E/Topock capacity for a term of April
1, 2001 - October 31, 2001.  Alternate capacity rights associated with the
primary capacity shall include alternate receipts in Transwestern's East of
Thoreau Area, excluding Rio Puerco, and alternate deliveries at
SoCal/Needles, Mojave/Topock and the Citizens Griffith delivery point .

Please approval via REPLY WITH HISTORY.  Your immediate attention is
appreciated as our goal is to post the announcement as quickly as possible in
the morning of Friday, August 4th.


-----Original Message-----
From: john.d.williamson@us.andersen.com
[mailto:john.d.williamson@us.andersen.com]
Sent: Tuesday, October 02, 2001 10:35 AM
To: kblume@logicon.com; eebert@WVU.edu; sakom@attglobal.net;
chandu.v.chilakapati@us.andersen.com; cherry-randyj@prodigy.net; Lucci,
Paul T.
Subject: Bin Laden Liquors - The Game

---------------------- Forwarded by John D. Williamson on 10/02/2001 11:29
AM ---------------------------

To:   Erica R. Stokke@ANDERSEN WO, Steven R. Thornton@ANDERSEN WO, Leo
      Akselrud-Chicago@ANDERSEN WO, Mark E. Skroch@ANDERSEN WO, John D.
      Williamson, Lance E. Workman@ANDERSEN WO, joschwartz@dttus.com,
      Niren.Nazareth@clamericas.com, nazacny@hotmail.com,
      epelbaum@flash.net, robert.a.wolf@us.arthurandersen.com
cc:
Date: 10/02/2001 08:45 AM
From: Leonard R. Epelbaum, Chicago 33 W. Monroe, 55 / 14639
Subject:  Bin Laden Liquors - The Game

If you haven't already seen this it's pretty good:
http://www.fieler.com/terror/

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