Attached is the final "Buyback & Deficiency Deals" worksheet for July 2000
activity.

	From:  Robert E Lloyd                           06/30/2000 05:44 PM

To: Gary A Hanks/HOU/ECT@ECT, Angela Henn/HOU/ECT@ECT, Howard B
Camp/HOU/ECT@ECT, Lee L Papayoti/HOU/ECT@ECT, Daren J Farmer/HOU/ECT@ECT,
Gary W Lamphier/HOU/ECT@ECT, David Baumbach/HOU/ECT@ECT, Lisa
Csikos/HOU/ECT@ECT, Joanie H Ngo/HOU/ECT@ECT, Jennifer Blay/HOU/ECT@ECT, Pat
Clynes/Corp/Enron@ENRON
cc: Robert E Lloyd/HOU/ECT@ECT
Subject: Preliminary "Buyback & Deficiency Deals" Worksheet for July 2000
Activity

 Attached is a preliminary "Buyback & Deficiency Deals" worksheet  for July
2000 activity.


----- Forwarded by Jeff Dasovich/NA/Enron on 12/01/2000 05:53 PM -----

	Jeff Dasovich
	Sent by: Jeff Dasovich
	12/01/2000 05:31 PM

		 To: skean@enron.com, Richard Shapiro/NA/Enron@Enron, James D
Steffes/NA/Enron@Enron, mpalmer@enron.com, Karen Denne/Corp/Enron@ENRON,
Sandra McCubbin/NA/Enron@Enron, Paul Kaufman/PDX/ECT@ECT, Alan
Comnes/PDX/ECT@ECT, Mary Hain/HOU/ECT@ECT, Susan J Mara/NA/Enron@ENRON, Mona
L Petrochko/NA/Enron@Enron, Joe Hartsoe/Corp/Enron@ENRON, Sarah
Novosel/Corp/Enron@ENRON, Tim Belden/HOU/ECT@ECT, David Parquet/SF/ECT@ECT,
Robert Badeer/HOU/ECT@ECT, Dennis Benevides/HOU/EES@EES, Neil
Bresnan/HOU/EES@EES, Roger Yang/SFO/EES@EES, Harry Kingerski/NA/Enron@Enron
		 cc:
		 Subject: Governor's Proposals Go Public

In case folks haven't seen them yet, attached are Davis' press release and
the letter he sent to Hoecker today.

Best,
Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 12/01/2000 05:25 PM -----

	"Karen Edson" <kedson@ns.net>
	12/01/2000 03:10 PM

		 To: "Baker Carolyn (E-mail)" <cabaker@duke-energy.com>, "Bill Carlson
(E-mail)" <william_carlson@wastemanagement.com>, "Bill Woods (E-mail)"
<billw@calpine.com>, "Curt Hatton (E-mail)" <curt.hatton@gen.pge.com>,
"Curtis Kebler (E-mail)" <curtis_l_kebler@reliantenergy.com>, "David Keane
(E-mail)" <dnke@dynegy.com>, "David Parquet (E-mail)"
<dparque@ect.enron.com>, "Duane Nelsen (E-mail)" <duanenelsen@msn.com>, "Ed
Tomeo (E-mail)" <ed.tomeo@uaecorp.com>, "Edward Maddox (E-mail)"
<emaddox@seawestwindpower.com>, "Eileen Kock (E-mail)" <eileenk@calpine.com>,
"Ellery Bob (E-mail)" <bellery@spi-ind.com>, "Escalante Bob (E-mail)"
<riobravogm@aol.com>, "Frank DeRosa (E-mail)"
<fderosa@sanfrancisco.usgen.com>, "Greg Blue (E-mail)" <gtbl@dynegy.com>,
"Hap Boyd (E-mail)" <rboyd@enron.com>, "Jack Pigott (E-mail)"
<jackp@calpine.com>, "Jan Smunty-Jones (E-mail)" <smutny@iepa.com>, "Jeff
Dasovich (E-mail)" <jdasovic@enron.com>, "Jim Willey (E-mail)"
<elliottsa@earthlink.net>, "Joe Greco (E-mail)" <joe.greco@uaecorp.com>, "Joe
Ronan (E-mail)" <joer@calpine.com>, "John Stout (E-mail)"
<john_h_stout@reliantenergy.com>, "Jonathan Weisgall (E-mail)"
<jweisgall@aol.com>, "Julee Malinowski-Ball (E-mail)" <jmball@ns.net>, "Katie
Kaplan (E-mail)" <kaplan@iepa.com>, "Kent Fickett (E-mail)"
<kfickett@usgen.com>, "Lynn Lednicky (E-mail)" <lale@dynegy.com>, "Marty
McFadden (E-mail)" <marty_mcfadden@ogden-energy.com>, "Paula Soos (E-mail)"
<paula_soos@ogden-energy.com>, "Robert Lamkin (E-mail)"
<rllamkin@seiworldwide.com>, "Roger Pelote (E-mail)"
<rpelote@energy.twc.com>, "Steve Ponder (E-mail)" <steve_ponder@fpl.com>,
"Steven Kelly (E-mail)" <steven@iepa.com>, "Sue Mara (E-mail)"
<smara@enron.com>, "Tony Wetzel (E-mail)" <twetzel@thermoecotek.com>, "Trond
Aschehoug (E-mail)" <taschehoug@thermoecotek.com>, "William Hall (E-mail)"
<wfhall2@duke-energy.com>, "Baker Carolyn (E-mail)"
<cabaker@duke-energy.com>, "Anne Kelly (E-mail)" <kelly@hnks.com>, "Bev
Hansen (E-mail)" <bhansen@lhom.com>, "Govenar Scott (E-mail)"
<sgovenar@govadv.com>, "Hedy Govenar (E-mail)" <hgovenar@govadv.com>, "Jamie
Parker (E-mail)" <jparker@HMOT.com>, "Jenn Paulsen (E-mail)"
<paulsen@HMOT.com>, "Kassandra Gough (E-mail)" <kgough@calpine.com>, "Marie
Moretti (E-mail)" <marie_moretti@msn.com>, "Maureen O'Haren (E-mail)"
<oharen@HMOT.com>, "Monagan Mike (E-mail)" <mrmonagan@aol.com>, "Paula Soos
(E-mail)" <paula_soos@ogden-energy.com>, "Phil Isenberg (E-mail)"
<isenberg@HMOT.com>, "Pigott Jack (E-mail)" <jackp@calpine.com>, "Richard
Hyde (E-mail)" <rwhyde@duke-energy.com>, "Rob Ross (E-mail)"
<robbiz@cwo.com>, "Roger Pelote (E-mail)" <rpelote@energy.twc.com>, "Ron Tom
(E-mail)" <rtom@govadv.com>, "Rudman Cary (E-mail)" <cjrudman@softcom.net>,
"Sandi McCubbin (E-mail)" <smccubbi@ees.enron.com>, "Stephanie Newell
(E-mail)" <stephanie-newell@reliantenergy.com>, "Susan McCabe (E-mail)"
<sfmccabe@mindspring.com>
		 cc: "Julee Malinowski-Ball (E-mail)" <jmball@ns.net>
		 Subject: Governor's Proposals Go Public

FOR IMMEDIATE RELEASE December 1, 2000
GOVERNOR DAVIS RESPONDS TO FERC WITH INITIATIVES ON ELECTRICITY PRICES,
SUPPLY
SACRAMENTO - Responding to a draft proposal by the Federal Energy Regulatory
Commission (FERC), Governor Gray Davis today announced several initiatives
to ensure reliable and affordable electricity in California.

In a letter to the federal regulators, the Governor outlined a variety of
regulatory and legislative actions to keep the state,s electricity prices at
the lowest reasonable cost. They include innovative measures to encourage
the siting of power plants in compliance with the state,s environmental
laws, restructuring the state,s power-buying agencies to eliminate conflicts
of interests, and promoting energy conservation and voluntary cutbacks by
larger users during periods of high electricity demand.

"If you do your job of protecting consumers by rectifying the wholesale
markets, the steps I have to take can be transitional in nature and limited
in scope," wrote Gov. Davis, who also reiterated his call to FERC to order
retroactive refunds to San Diego and Orange County consumers, and to impose
price caps on the price of wholesale electricity. "I cannot in good
conscience, however, forego any measure that would serve to protect the
people of California until I am satisfied that the sellers in the wholesale
markets will not victimize Californians again."

Governor Davis, who inherited the problems of deregulation as a result of
legislation signed by Governor Pete Wilson in 1996, said that "The free
market applied to electricity can work, but only if market conditions allow
for real competition, and if all parties act responsibly." The Governor
added "Even though FERC had recently concluded that California,s market was
+dysfunctional,, its draft proposal fails to include measures to stop
out-of-state electrical generators from price gouging, and would lead to
higher prices next summer."

The Governor,s proposals include:

Introducing legislation to dramatically change the membership of the ISO and
PX, eliminating members of the board that have what he called "inherent
conflicts of interest" and replacing them with independent members;

Seeking legislation that will allow new approaches - such as emissions
credit trading - to aid in the siting of new power plants;

Calling on the state,s Public Utilities Commission (PUC) to promote
distributed generation and co-generation;

Accelerating voluntary efforts by the private sector as well as state
agencies to reduce their energy use during peak periods;

Expanding "forward contracting" by utilities that would allow multi-year
contracts to reduce price volatility and ensure reliability;

Asking the PUC to expedite its investigation of the state,s electricity
demand reduction programs for commercial users, and adopt new programs to
allow voluntary interruptions that will allow the reduction of electricity
use during peak power periods;

Reviewing new measures to coordinate power-plant maintenance and operating
activities;

Requiring utilities to retain their existing generation facilities instead
of selling them off at least until the market becomes competitive; and

Calling on the PUC and California Energy Commission (CEC) to study providing
"real time price signals" (such as metering) to large energy users to reduce
energy use.

Governor Davis noted that in the decade prior to his administration, no
power plants were built in the state. But since April 1999, six power plants
representing 4,700 MW of new generation have been approved. Twenty more
applications are under review and 11 more are in the pipeline.

"This represents a significant change in policy and performance and responds
to the fact that we must increase supply as rapidly as possible without
abrogating our commitment to state and federal public health and
environmental protection," he said.

The Governor,s initiatives announced today reflects his commitment to FERC
Chairman James Hoecker at a hearing last month in San Diego to provide input
into FERC,s final order on the California electricity market. That decision
could come as early as December 13, 2000.

The Governor will continue to meet with legislative leaders, consumer
groups, and other interested parties to discuss additional options. He said
a more complete plan cannot be developed until FERC,s final order has been
announced and analyzed.


To ensure we are all on the same page, this is the order to fill Choice for
high burn days:

67693 =  54327  (note... we have some CES EU on this contract... about 1000
to 1500 dkt)

67829 = 8527 (Aristech's capacity, seq 1 = coh 7-1 and seq 2 = coh 7-5)

67831 = 3473 (Aristech's capacity, seq 1 = coh 7-1 and seq 2 = coh 7-5)

67830 = 3000  (Aristech's capacity, seq 1 = coh 7-1 and seq 2 = coh 7-5)

IDLE FTS = ask Joann. We have been using 66930 = 4000  and 66931 = 4000.

Calp/ITS =  Do a double nom. If Calp comes up, you can 0 out Calp and still
use IT. If Calp does not come up, then 0 out IT. Make sure Kara does the
double nom also. COH does not tie-out forecast to gain plus nominations, per
Kara.


Florida might be a better location than New Jersey.   Can you say sunshine?

-----Original Message-----
From: Llodra, John
Sent: Thursday, October 11, 2001 10:06 AM
To: Presto, Kevin M.
Subject: RE: EES

This guy claims to have an emerging solar generating technology that he is investigating the feasibility of.  I gave him a primer on what one would need to do to interconnect to the grid and sell to the market.  I invited him to call me if they get to the point of pitching this technology or if they are seeking development capital.  Are you ready to go long solar!!

John

-----Original Message-----
From: Presto, Kevin M.
Sent: Thu 10/11/2001 9:27 AM
To: Llodra, John
Cc:
Subject: FW: EES

Please follow-up with this gentleman.   Never know.

 -----Original Message-----
From:   Thode, Eric
Sent:   Thursday, October 11, 2001 9:23 AM
To:     Presto, Kevin M.
Subject:        FW: EES

Kevin --

I received this note from the EES Business Center.  Can someone from your shop follow-up?  I called this gentleman and couldn't get a definitive answer related to how the power is being generated or how much.  This may be a wild-goose chase.  I'm just not sure.

Eric

 -----Original Message-----
From:   Davis, Sophia
Sent:   Thursday, October 11, 2001 9:16 AM
To:     Thode, Eric
Subject:        EES

                Hello Eric,

                Mr. Pourang Bral from New Jersey requesting information about selling electricity to Enron.
                He is requesting to have someone call him back.  He can be reached at  201.200.1448 or
                201.264.4862.

                Thanks, Raquel Vilts


so was your trip cool or what?
- This message (including any attachments) contains confidential information
intended for a specific individual and purpose, and is protected by law.? -
If you are not the intended recipient, you should delete this message and are
hereby notified that any disclosure, copying, or distribution of this
message, or the taking of any action based on it, is strictly prohibited.


Kit Blair has started working in Volume Management today.

Prior to Enron, Kit worked with Starbucks Coffee Company as a Store Manager
and as a Financial Analyst. He is a '00 graduate of the University of Oregon
with a degree in Business Administration and Finance.

Please welcome Kit to our Portland office!

Thanks - MO


As Enron continues to innovate and move into new markets, our ability to
attract and retain world-class employees becomes ever more critical to our
success.  We view this challenge to be one of the most important
responsibilities of the Office of the Chairman.

One of the most successful efforts Enron has undertaken to attract talented
employees are the Associate and Analyst Programs.  To more closely align the
needs of our businesses with the recruiting process, effective immediately,
the Associate and Analyst Programs will report directly to the Office of the
Chairman.

Charlene Jackson, Managing Director, will have overall responsibility for the
Programs.  Charlene joined Enron in October 1999 from Salomon Brothers.
Charlene started her career at Salomon as an Associate and left as a Managing
Director.  As an investment banker she covered the energy industry.  She has
also had extensive experience with the Associate and Analyst programs.

Celeste Roberts will continue as director of the Programs and will manage the
daily operations.  Celeste joined Enron in December 1995 from McKinsey & Co.
She became director of the Programs in August 1999 and prior to managing the
Programs was director of the Merchant Services Program.

Cindy Olson, Executive Vice President, will continue to be actively involved
in the Programs, in addition to her responsibilities for Enron,s Human
Resources and Community Relations functions.

As Enron continues to innovate and move into new markets, the Programs will
change in response.  We will keep you apprised of those changes as they occur.


thank you very much.  i left a message on her voicemail.  that oughta do for
now.


What's up?!?  I'm so curious to hear about all your crazy adventures in
Vegas this weekend!  Did your sister go with you guys?  Thanks for the
message the other night, morning, whenever it was, that was really sweet.
(Not sure if you remember leaving it or not.)  Regardless, I miss you too.
We have to get together soon.  Did I tell you that I'm going to Vegas in
April?  I'm excited!  I had a thought...  I was thinking that a real man,
such as yourself deserves and needs a much bigger tv then what you have.  I
mean, really.  I think that you should sell the tv back to me for $100 (or
free if you're feeling generous :) and buy yourself a much bigger, more
manly, 26 or 32 inch tv.
What do you think?

Katie Trullinger
Wilshire Credit Corporation (REO Dpt.)
800-776-0100 x7804
katie.trullinger@wfsg.com


FYI

-----Original Message-----
From: infopost@duke-energy.com [mailto:infopost@duke-energy.com]
Sent: Sunday, November 25, 2001 12:00 AM
To: infopost@duke-energy.com
Subject: TE Critical System Warning

November 25, 2001

Texas Eastern Transmission, LP (Texas Eastern) notifies all customers
that, for the reasons described below, scheduled receipts into and
deliveries out of the system must match actual receipts into and
deliveries out of the system.  This system-wide warning is issued as a
result of actual receipts into the system significantly exceeding actual
deliveries.

Weather in the market area continues to be unseasonably mild and
shippers have been filling contract storage inventories in anticipation
of the coming winter heating season.  At this time, Texas Eastern?s
storage capacity is approximately 98% full.  As a result, there is
virtually no storage capacity or linepack available for system
operational purposes and Texas Eastern cannot continue to absorb actual
imbalances left on the system.

Because of the critical nature of this situation and the fact that Texas
Eastern no longer has the ability to further absorb imbalances being
left on the system, Texas Eastern requests that all customers coordinate
with their suppliers the actual quantities received into the system to
match actual customer takes in the market area.

If immediate action does not result in reducing the current volume of
gas being left on the system, Texas Eastern may be forced to issue an
operational flow order (OFO) requiring actual receipts of gas to match
actual deliveries out of the system, which will be subject to the OFO
non-compliance penalty of $25 per dekatherm.  In addition and as
provided for in Texas Easterns FERC Gas Tariff, Texas Eastern will take
any other actions as may be necessary to protect the integrity of its
system, including, but not limited to, suspension of OBA's.

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

NOTE:

Duke Energy Gas Transmission respects your online time and privacy.
You have received this email because you elected to subscribe. To
unsubscribe, login to the E-mail Notification Subscription page at
http://www.link.duke-energy.com/script2/Notification.asp
uncheck the appropriate checkbox, and click the Submit button.


---------------------- Forwarded by Carla Hoffman/PDX/ECT on 10/30/2000 11:17
AM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "Pergher, Gunther" <Gunther.Pergher@dowjones.com>
     10/30/2000 06:09 AM

To: undisclosed-recipients:;
cc:
Subject: DJ Cal-ISO Price Caps Prompt Concern Among Mkt Watchers

13:15 GMT 30 October 2000 =DJ Cal-ISO Price Caps Prompt Concern Among Mkt
Watchers
(This article was originally published Friday)
By Jessica Berthold
OF DOW JONES NEWSWIRES
LOS ANGELES (Dow Jones)--Market watchers and some California Independent
System Operator board members voiced concerns about Thursday's ISO vote to
impose hourly wholesale power price caps.
The vote's opponents say the caps may inhibit forward trading and could
affect the construction of new generation in the state. They also say the
vote should have waited until after the Federal Energy Regulatory Commission
releases its report on California's electricity woes Wednesday.
The price caps, effective Nov. 3 or as soon thereafter as possible, will be
set monthly and will vary based on ISO forecasted load, monthly gas prices
and unit efficiency.
The ISO will multiply the average closing price for natural gas over the
last three days of NYMEX Henry Hub futures contracts by a fixed measure of
generation efficiency at various load levels. For example, if the ISO's
forecasted load is 25,001-30,000, the fixed efficiency rate of 14,175 will
be multiplied by the natural gas price - say $6/mmBTU - to yield a rounded
price cap of $90/MWH.
Market sources, who asked not to be named, said that although the ISO filed
a proposal with FERC Oct. 20 requiring utilities to boost forward market
purchases, the forward market was reacting negatively Friday to the price
caps. The ISO appeared to be encouraging forward contracts with its FERC
filing but its latest vote is an about face, traders said.
"Traders are telling us they are pulling away from forward positions because
they don't know what's going on," said California Power Exchange spokesman
Jesus Arredondo. "On Monday to Thursday we traded 850 contracts and
yesterday we traded 175. Today's there's nothing. There's been one offer at
$59 per megawatt hour for five years and no one is touching it."
CalPX, which operates the state's day-ahead and block forward market, plans
to file a formal response to the ISO proposal with FERC. Market sources said
CalPX wasn't in support of the proposal.
Market watchers also said that if California ever needs to buy power out of
market, those prices will be higher than the cap. Over the summer, the ISO
spent a record $101 million on last-minute out-of-state power purchases last
summer.
"Those inflated out-of-market purchases are what drove the market's high
prices this summer," said one source close to the issue.
California wholesale electricity prices hit unprecedented levels last
summer, and customers in San Diego's fully deregulated market saw their
bills triple as a result.
ISO board member Mike Florio, who wrote the price cap proposal, stressed
that it was a temporary measure that would be terminated as soon as broader
market reforms were in place.
"This is a three-to-four month proposal and not something we are going to
deal with going into the peak period," Florio said.
Generators suggested that capping the market might be a disincentive for
those looking to build new generation in the state, and that the ISO
proposal was untimely given FERC's Nov. 1 release of a report on
California's electricity market problems.
"The ISO said in its (Oct. 20) filing that FERC needs to be that venue that
the wholesale market deals with and we agree with that," said Duke Energy
(DUK) spokesman Tom Williams.
Several ISO members who voted against the proposal also cited FERC's Nov. 1
report as presenting a possible conflict.
"What do I do if FERC comes out with an order contrary (to the caps) on Nov.
1?" said ISO President Terry Winter, who voted against the proposal.
Many board members didn't expect to vote on price caps at Thursday's
meeting, since a vote on broader market redesign proposals was postponed
until November.
"This is the wrong time to vote on this if we are not doing comprehensive
market redesign today," said board member Barbara Barkovich.
Consumer group The Utility Reform Network supported the proposal, saying
that action was needed to control the market immediately. Proposal sponsor
Florio is a member of TURN.
"The ISO has the responsibility to deal with what it can without waiting for
FERC. FERC needs a signal that the ISO is serious," said TURN president
Nettie Hoge.
Hoge also said that she was wary of arguments that the building of
generation will be stifled due to the caps, because the caps "are well
within a reasonable level."
"It's clear the market isn't functioning," Hoge said. "There's going to be
lots of debate about going outside the market versus command and control. I
don't think the discussion is even in that arena. We have a crisis. Those
who say it will get better on its own are living in a fantasy."
-By Jessica Berthold, Dow Jones Newswires; 323-658-3872;
jessica.berthold@dowjones.com
(END) Dow Jones Newswires 10-30-00
0815EST Copyright (c) 1998, Dow Jones & Company Inc

G_nther A. Pergher
Senior Analyst
Dow Jones & Company Inc.
Tel.  609.520.7067
Fax. 609.452.3531

The information transmitted is intended only for the person or entity to
which it is addressed and may contain confidential and/or privileged
material.  Any review, retransmission, dissemination or other use of, or
taking of any action in reliance upon, this information by persons or
entities other than the intended recipient is prohibited. If you received
this in error, please contact the sender and delete the material from any
computer.

 <<Gunther Pergher (E-mail).vcf>>
 - Gunther Pergher (E-mail).vcf


Vince Kaminski
EB1962
3-3848

	Enron North America Corp.

	From:  Community Relations @ ENRON                           01/18/2000 05:52
PM

To: All Enron Downtown
cc:
Subject: String Trio of New York

Mark your calendars for Friday, January 21 from 11:30 am to 1 pm.  The String
Trio of New York will be performing in room 5C2.
This lecture/demonstration will feature the Trio taking an in-depth look at
the labeling and stereotyping in our society,and in particular,
in the arts. It is being provided via the courtesy of DaCamera, and has
received excellent reviews throughout the nation!

This promises to be an entertaining and educational performance.  Please
e-mail your RSVP to Deb Gebhardt. The first 80 people
to respond to this invitation will be notified.  Please feel free to bring
your lunch!


I'm looking forward to your discussion regarding the "reregulation threat" at
the next meeting.  Below are some of my observations:

While it's premature to say we have an energy crisis, we are witnessing the
triple threat of high summer gasoline prices, spiking electricity prices, and
high natural gas prices for the upcoming heating season (I'll send along some
of the data).
There is at least the potential for this to become a prominent national
political issue:  Gore has focussed relentlessly on Bush's ties to "big oil"
(which includes us by the way, though we produce nary a drop); and
Congressional republicans have blamed the current administration for failing
to have a coherent energy policy (though, at least so far, the dominant
characteristic of the administration's policy has been a republicanesque
reliance on the market).
Notwithstanding the issue's potential to become political fodder and its
prominence in the popular press, many Americans seem blissfully ignorant, at
least on the electricity issue.  We did some focus group testing recently in
Southern California -- a mere 15 minutes from the epicenter of the San Diego
price quakes -- and most people knew nothing about it.  So, while the issue
has the potential for political traction, it may not have caught on yet
(except in places like San Diego and New York city.
The reaction in California has been to call for government intervention in
electricity markets.  Investigations of out of state "price gougers and
profiteers" have been undertaken and wholesale and retail price caps have
been put in place.  They have not worked -- at least in wholesale markets.
Suppliers are deciding to site plants elsewhere and when prices are high
elsewhere in the West, power flows out of California to those other markets.
Ironically, though I can't explain it in classical economic terms, the
setting of rate caps in wholesale markets has had the effect of pulling
prices up to the capped levels in offpeak times when there is more than
enough supply.  For the most part, though, the caps and the other political
reactions have been somewhat muted: policy makers have been reluctant to
throw the deregulation plan out and start over, and the retail price caps
have been relatively narrow ... so far.
Outside of California, the authors of other states' deregulation plans have
distinguished their proposals from California's.  Regulators and legislators
from such diverse places as Connecticut, Texas and Alberta have gone out of
their way to defend their plans and explain why "California won't happen
here."  For the most part, then, the reaction to California has been positive
from Enron's perspective in states that have already deregulated.  There does
remain some threat that aspects of the state plans (e.g. utility plant
divestiture) may be postponed or cancelled.  The story is a bit more grim in
states that were considering deregulation but have not gone forward with
their plans:  I think it's off the agenda in most places.  The fact that most
of the major markets (about 70% of total electric revenue) are already
deregulated/deregulating is a blessing in that regard.
At the federal level there has been a combination of the "burn the village in
order to save it" approach  -- allow some price caps to remove the pressure
to reverse the whole deregulation program -- and a more positive call for
comprehensive reform.
All in all, I believe we're OK so far and we need to look at this as an
opportunity:  business is booming;  we sell protection from price volatility
and the need for such protection is now plastered over the front pages of
major newspapers.  On the public policy front we need to convert the
controversy into productive action.  Our target has been FERC -- they are
somewhat removed from the white hot rhetoric in California and they are a
single commissioner's vote away from taking action to further open the
market.
Enron's response:  Initially we hoped to feed information into industry
groups and let them carry the message; our concern was that Enron -- a
company which was in and out of the residential market in Cal. -- would not
make the most attractive champion for the open market message.  We hoped that
the new generators in Cal would take up the mantle.  It's fair to say that
they fumbled the ball:  they are now locked in a pitched battle with the
utilities over price caps and fall all to easily into the out of state
profiteer label .... standing between Aunt Millie and rate relief.  They were
also extremely slow out of the blocks with a more productive message.  We are
now working the issue directly.  We are working the issue on a number of
levels: 1) PR - we have good contacts in the press and have talked to
numerous reporters and editorial writers.  As time goes on, the information
and reporting has gotten somewhat better.  2)  Govt relations - we have been
pushing for power plant siting legislation in California (the market wants to
build capacity but the government won't let it).  This may be the best
environment we'll ever see for streamlining the permitting process.  Also, in
typical Enron fashion, we put a deal on the table.  We offered to sell power
to the local utility at a price which would enable them to lock in stable
rates for their customers at below current rates.  Our offer was followed by
nine others and we tried to make something of the fact that the market was
offering better solutions than California politicians.  SDG&E dropped the
ball, unfortunately.  Instead of seizing the opportunity, they ended up going
along with a government granted rate discount which will cause them to accrue
a massive deferral account.  At the federal level we are contacting members,
the DOE and FERC.  Here we are making a push for FERC action to finish
"leveling the playing field" in wholesale markets so power can get from where
it is to where its needed.  Additionally, we are developing a prepackaged
system (including software) for nondiscriminatory open access (to take away
any lingering excuses or delays).  3) Overall messaging -- we have been
working with a well known political pollster to check our messages for their
resonance at the grassroots level.  As we hone these messages we will be
using them in the fora we are currently working.
Overall, we have more opportunity than risk in the current environment, but
capitalizing on those opportunities continues to be a long shot.
An intersting rhetorical challenge for us is this:  much of the problem in
power markets is blamed on high upstream fuel prices, particularly natural
gas.  The gas market is open and structured pretty much the way we are
advocating for electricity, so how can we maintain that the problem in power
markets is an absence of open markets when the most open commodity market on
the planet (natural gas) is producing such outsized prices?  The answer is
somewhat complicated and therefore a bit unsatisfactory in the current
debate:  gas prices are still lower in real terms than they were
pre-deregulation;  long term prices are also lower than historical levels (
the curve is "backwardated" (sp?) meaning that prices in later years are
lower than today so you can buy gas for 3 years at a price lower than current
spot prices); and the economy is booming and driving up demand for basic
inputs (this begs the question: why didn't the market react sooner and avoid
the spike?).  When all else fails, a big part of the problem can be blamed on
OPEC.  We haven't had this thrown at us yet, but we are trying to anticipate
it and have answers at the ready.

 This is just the tip of the iceberg.  The issue is a great example of the
intersection of our business interests with public policy debates and should
promote a lively discussion when we get together.  Let me know if there is
anything else you need.


I figured we all needed a break from all the 9/11 and Retaliation news we've received lately.

To get everyone in the postseason frame of mind here is a trivia question I'm sure will stump the most avid basebvall fan.

There has been an MVP who reveived the award two years in a row at each position (center field has two), including at pitcher.  Name them.

I will share the answers in a future email.  I'm thinking Bert or DiLeo are the only ones who have half a chance at this one.  Prove me wrong.

Pitcher :

Catcher:

First Base: (no it was not Rich Kampmann)

Second Base:

Third Base:

Short Stop:

Left Field:

Center Field:

Right Field:

  _____

Do You Yahoo!?
NEW from Yahoo! GeoCities - quick and easy web site hosting <http://rd.yahoo.com/mail_us/tag/?http://geocities.yahoo.com/ps/info1>, just $8.95/month.


Hi Jeff,

Don't work to hard on this.

 - JACKIE EXHIBITS.xls
 - FIN group project1204.xls
 - Exhibit A_assumptions and model.doc

Kimberly Kupiecki
Director
A&R Partners
kkupiecki@arpartners.com
(650) 762 2800 main
(650) 762 2825 direct
fax (650) 762 2801


---------------------- Forwarded by Phillip M Love/HOU/ECT on 04/19/2001
10:13 AM ---------------------------
From: Veronica Espinoza/ENRON@enronXgate on 04/19/2001 10:05 AM
To: Janie Aguayo/HOU/ECT@ECT, Diane Anderson/NA/Enron@Enron, Derek
Bailey/Corp/Enron@ENRON, David Baumbach/HOU/ECT@ECT, Jean Bell/HOU/ECT@ECT,
Patricia Boulanger/CAL/ECT@ECT, Bob Bowen/HOU/ECT@ECT, Julie
Brewer/NA/Enron@Enron, Lesli Campbell/ENRON@enronXgate, Celeste
Cisneros/NA/Enron@Enron, Sharon Crawford/CAL/ECT@ECT, Richard
Deming/NA/Enron@Enron, Russell Diamond/ENRON@enronXgate, Cindy
Feldman/CAL/ECT@ECT, Darron C Giron/HOU/ECT@ECT, Veronica
Gonzalez/ENRON@enronXgate, Jeffrey C Gossett/HOU/ECT@ECT, Walter
Guidroz/ENRON@enronXgate, Larry Joe Hunter/HOU/ECT@ECT, Kam
Keiser/HOU/ECT@ECT, Phillip M Love/HOU/ECT@ECT, Errol
McLaughlin/Corp/Enron@ENRON, Nidia Mendoza/ENRON@enronXgate, Tom
Moran/ENRON@enronXgate, Bianca Ornelas/NA/Enron@Enron, Leslie
Reeves/HOU/ECT@ECT, Tanya Rohauer/ENRON@enronXgate, Dianne Seib/CAL/ECT@ECT,
Linda Sietzema/CAL/ECT@ECT, Kim S Theriot/HOU/ECT@ECT, Ellen
Wallumrod/NA/Enron@ENRON, Melinda Whalen/CAL/ECT@ECT, Tiffany
Williams/NA/Enron@Enron
cc:
Subject: Credit Report--4/19/01


Attached is an initial draft of the physical PPA for Project Moosehead.  The
draft for the financial PPA will be ready this afternoon for distribution.
Given the extremely tight time frame we are under I would appreciate any
comments you may have as soon as possible.

Thanks,
Rodney Malcolm


It looks like you made quite a few changes to some deals and I don't see
anything in the comment section.  Can you just take a quick look and see if
you know what you changed on any of these.  If not, I can look it up in the
audit viewer, but it makes things go a lot quicker if we don't have to go
into the audit viewer for each deal.

Thanks!

#508957
#517889
#517881
#517880
#517878
#517875
#517874


TECHNOLOGY FOR ALL UPDATE FOR OCTOBER, 2000

ENRON ANOUNCES EMPLOYEE PROGRAM
 Computers and Broadband access to be given to Employees
 Employees encouraged to donate Computers to TFA

$45 MILLION SMARTFORCE DONATION TO BE ANNOUNCED NOVEMBER 15
 450,000 online courses over three years
 SmartJobs to be Key Component

AMERICA CONNECTS CONSORTIUM
 TFA Participating as "friend"
 Online Resources to be Shared

BLUECURRENT RELATIONSHIP FINALIZED
 Will manage and deliver Corporate Technology Assets
 Potential is 12 million computers redeployed over five year

LINCT COALITION "LEARN AND EARN" PROGRAM TO EMPOWER

DIGITAL DIVIDENDS CONFERENCE, SEATTLE
         TFA begins discussion with Hewlett Packard
  International Contacts developed

ASIA FOUNDATION RELATIONSHIP BEING DEVELOPED

LAY AND TROTTER ASSIST IN FUNDRAISING EFFORTS
 Houston Foundations Approached First with requests for $5 million
 Corporations and Friends Next
 Capital Infusion required to help TFA build capacity and long term
sustainability

PROGRESS CONTINUES ON IVERCITY DEAL
 Content to be created for TFA's constituents
 Convertible Royalty for TFA

ROSEMARIE FOSTER TO JOIN TFA AS ADMINISTRATIVE ASSISTANT

DISCUSSIONS WITH INTERNET POLICY INSTITUTE

NEW YORK, LOS ANGELES, WASHINGTON DC, SAN DIEGO, ATLANTA

ROAD-SHOW.COM DONATES WEBCAST PRODUCTION
****************************************************
ENRON ANOUNCES EMPLOYEE PROGRAM
On October 5, Enron announced "it will give employees of its wholly owned
subsidiaries a high-speed computer and Internet connection, including
broadband connectivity, for use at home, beginning in 2001.   .......Through
a company-wide computer drive, employees will be able to donate their
existing home computers to Technology For All (www.techforall.org) , a
national program working to bridge the digital divide."   Technology For All
thanks Ken Lay for his leadership in this decision that also helps TFA serve
America's underserved and disadvantaged.
For more information, the full press release is located at
http://www4.enron.com/corp/pr/releases/2000/ene/87-PC-Enron.html .

$45 MILLION SMARTFORCE DONATION TO BE ANNOUNCED NOVEMBER 15
On November 15 TFA and SmartForce
(http://www.smartforce.com/corp/marketing/default.htm ) will post a joint
press release announcing the donation of 450,000 scholarships for SmartForce
eLearning courses to be delivered through the TFA secure website to end
users seeking training with TFA collaborative program partners across the
US.  The 600 online courses available through the program are in English and
Spanish and include everything from computer basics to various levels of
technical certification. This generous gift to TFA will be utilized over a
three year period and has a retail value of approximately $45 million. A key
component of the gift will be the inclusion of a "SmartJobs" section on the
web site that will list companies doing business with SmartForce that have
pledged to interview job applicants who successfully complete training
through a TFA/SmartForce course. Scott Yeager will call Greg Priest, CEO of
Smarforce, on behalf of TFA and thank him for this generous gift toward the
Technology For All initiative.

AMERICA CONNECTS CONSORTIUM
TFA is working with the America Connects Consortium (ACC) to help support
Community Technology Centers across the US. The ACC received recently
received a $2 million Department of Education  grant to support CTC efforts.
The benefits to TFA include program support for existing TFA programs and
the ability to share best practices across the US. The consortium will
assist TFA in its city by city model by helping encourage exisiting
organizations to work together. In addition to sharing TFA online content
TFA will also host online curriculum resources created by the consortium on
the private side of our web site.  The work of the Consortium will begin
with an organizational meeting in Boston, November 15-16.  For more
information read the full release posted on the TFA web site at.
http://www.techforall.org/showdoc.cfm?id=35&ret=new

BLUECURRENT RELATIONSHIP FINALIZED
TFA recently signed a Memorandum of Understanding with Bluecurrent.  Through
the relationship Bluecurrent will assist TFA with the management and
donation of corporate technology assets across the US.  Through the creative
use of donated assets as "currency" the Bluecurrent relationship will save
TFA $13.5 million in projected cash expenses over the next five years to
process and redeploy corporate technology assets donated to TFA.  In
addition, we believe this relationship will dramatically increase the
computers available to TFA and its program partners.  For more information
about Bluecurrent go to http://www.bluecurrent.com .

LINCT COALITION "LEARN AND EARN" PROGRAM TO EMPOWER
One of the beneficiaries of the Bluecurrent relationship will be the ability
of TFA to more quickly rollout the TFA/LINCT coalition "Learn and Earn"
Program. This program will allow disadvantaged persons who participate in
the program to learn how to use a computer and then mentor another person
using the same curriculum. By completing both parts of this cross-age peer
tutoring program, participants will then "earn" a computer to take home,
thus creating new opportunities for education and economic empowerment.
More information about the LINCT coalition "learn and earn" program can be
found at http://www.linct.org/

DIGITAL DIVIDENDS CONFERENCE, SEATTLE
Two weeks ago I attended the Digital Dividends Conference in Seattle.  The
focus of the Conference was "creating digital dividends" and exploreing
innovative approaches to closing the global digital divide.  The conference
was hosted by the World Resources Institute, chaired by William D.
Ruckelshaus, and reviewed business modesl and market development strategies
to close the digital divide.  I made several important connections at the
conference including key personnel with Hewlett Packard.  Carly Fiorina,
HP's CEO, announced a huge global initiative by Hewlett Packard to address
the digital divide in 1000 villages across the world.

ASIA FOUNDATION RELATIONSHIP BEING DEVELOPED
Through the introduction of Enron lobbyist David Merrill, former ambassador
to Bangladesh during the Bush adminstration, TFA met last week with the
President and several staff members of the Asia Foundation. The Asia
Foundation supports economic development and other efforts in Asia and is
funded by private contributions and the US State Department. The Asia
Foundation indicated an interest in working together with TFA in the future
as Enron expands its backbone to Japan and other Asian countries.

LAY AND TROTTER ASSIST IN FUNDRAISING EFFORTS
TFA and its local affiliate Technology For All-Houston are working together
to follow through on grant requests of $5 million over a three year period
from Houston area foundations.  We have had initially o\positive responses
from Houston Endowment and the Brown Foundation as well as several smaller
foundations including the Hamman Foundation and the Sterling Turner
Foundation. We are also preparing requests to Houston area corporations and
friends of TFA that will go out in the next few weeks.  A bridge loan from
the Redstone bank has been secured to get us through the next couple of
months. TFA anticipates a need for $4.5 million in cash over the next twelve
months to help us build capacity and long term sustainability.  With the
creative business relationships being created we expect to be able to insure
sustainability of the organization after the initial capacity is secured.
However, until that time, TFA will be dependent upon the cash and in-kind
contributions of foundations, corporations, its board members and friends.

PROGRESS CONTINUES ON IVERCITY DEAL
The IverCity "deal" is an example of an innovative and creative solution for
long-term sustainability.  Through the co-branding of the TFA/IverCity web
site, we hope to drive web users to IverCity content and thus create the
potential for a IverCity liquidity event that will benefit TFA's long term
capital needs.  Jack Clark has done a superb job creating the draft of the
legal document outlining the deal.  We thank Jack Trotter for his suggestion
to create a convertible royalty rather than just equity by itself.  The
benefit to TFA is the ability for TFA to be compensated by the number of
users we direct to the IverCity content which will be useful to TFA
constituents.

ROSEMARIE FOSTER TO JOIN TFA AS ADMINISTRATIVE ASSISTANT
Effective, November 20, Rosemarie Foster will be joining the TFA staff
fulltime as administrative assistant.  She will begin working some partime
hours this week. Thanks to Jack Trotter and Jack Clark for providing office
space for Rosemarie.  Additional TFA staff are being c\interviewed to assist
with fund-raising, program development, web site development and network
infrastructure support.

DISCUSSIONS WITH INTERNET POLICY INSTITUTE
Justin Cornett represented TFA recently at a "town hall" meeting of the
Internet Policy Institute (IPI) in Austin.  The IPI will be working with TFA
in our Washington DC rollout. We will be meeting with them again next week
in DC. We thank Ken Lay for his initial introductions to the board members
and staff of the IPI.

NEW YORK, LOS ANGELES, WASHINGTON DC, SAN DIEGO, ATLANTA
Through introductions from TFA board members and others we are beginning to
develop key contacts in each of the cities noted above. Board assistance
will be required as we also seek to develop co-branding corporate
relationships.  As per the wishes of the board, we are focused on New York,
Washington DC, and Los Angeles first.  We will keep you posted and request
your assistance as appropriate.

ROAD-SHOW.COM DONATES WEBCAST PRODUCTION
Road-Show.com, an Enron customer, recently donated a webcast for TFA to
utilize on its website.  The url for the site is listed below and will soon
be accessible from TFA's web site as well.
http://webevents.road-show.com/rs_TI/9282000/linkto_fta.htm

Thanks for your support!

Will
---------------------------
Technology For All
"Creating Opportunities Through Access"

Will Reed
109 North Post Oak Lane, Suite 425
Houston, Texas  77024
USA

713.316.5750
Direct 713.316.5761
FAX 713.316.5790
Cell 713.806.1622

TFA Network Operations Center
3403 Marquart
Suite 204
Houston, Texas  77027
713.961.0012
http://www.techforall.org
E-Mail will.reed@techforall.org


Please mark you calendar to reflect the following:

  Date:  August 14,  2000
    Monday

  Time:  1:00 pm - 4:00 pm

  Location: 3321

  Topic:  Industrial QBR

I apologize for any any inconvenience this may have caused. If you have any
questions, please feel free to call me.

Thanks

Kay 3-0643


---------------------- Forwarded by Elizabeth Sager/HOU/ECT on 03/27/2000
09:28 AM ---------------------------

Michael Danielson
03/24/2000 12:44 PM
To: Elizabeth Sager/HOU/ECT@ECT, Rogers Herndon/HOU/ECT@ect, John
Berger/HOU/ECT@ECT
cc:
Subject: Valley Energy Contract

This is another aggregator that'll be participating in the TVA 5% program.
They may have as much as 400MW of load.  We need to steer this contract in
the same direction as the other ones.

---------------------- Forwarded by Michael Danielson/HOU/ECT on 03/24/2000
12:35 PM ---------------------------

"Jack W. Simmons" <infinergy@earthlink.net> on 03/24/2000 11:20:26 AM
To: michael.danielson@enron.com, elizabeth.sager@enron.com
cc:
Subject: Valley Energy Contract

Mike Danielson
Elizabeth Sager

Attached are the documents Mike and I discussed.

1) Fact Sheet provided by TVA
2) Draft Master Purchase Agreement between Valley Energy and your company
3) Sample Confirmation Letter for Transactions under the Agreement

Valley Energy Corporation will be acting as purchase agent for an
aggregated group of TVA power distributors totaling about 400 MW.  We will
be purchasing blocks of 5 x 16 liquidated damages firm energy each week.
The minimum block size will be 25 MW delivered to the TVA control area.

The Draft Master Purchase Agreement reflects the requirements and
constraints placed on us as a participant in the TVA program.

Valley energy is in the process of obtaining a Line of Credit to satisfy
the credit requirements of our supplier counterparties.  We are also
interested in similar protection for situations where liquidated damages
may be due from our suppliers.

Please review the attached documents and provide me with feedback as soon
as possible.

Our objective is to be able to conduct business by April 6, 2000, which is
the first day TVA will allow us to participate.  Power purchased on April 6
would be for delivery beginning April 10, 2000.

Call if you have questions.

Thank you very much,

 - ValleyEnergyConfirmation.doc
 - masterpurchase-3-22-00.doc
 - FACT SHEET - WETM1.doc

Jack W. Simmons
Valley Energy Corporation
423 266 1885


Please fix this for me.    Mark
----- Forwarded by Mark E Haedicke/HOU/ECT on 09/19/2000 01:23 PM -----

	Hal McKinney
	09/15/2000 04:45 PM

		 To: Mark E Haedicke/HOU/ECT@ECT, Mark E Haedicke/HOU/ECT@ECT
		 cc:
		 Subject: NYMEX email address...

Mr. Haedicke,

I'm a new hire and was recently advised to become familiar with the NYMEX.com
website.  While I was there, I looked up Enron under NYMEX.com's "member
firms" section.  I found Enron's name and your name as a contact point.  What
was odd though was that although your email address appears correctly as a
hyperlink ("mhaedic@ect.enron.com"), I noticed that the actual email
reference was to someone at El Paso Energy, "morrissont@epenergy.com".  You
can see this by right-clicking on the hyperlink and looking at the link's
properties.   I believe this will cause emails intended for you to go to El
Paso Energy.

I don't know how often this link would even be used so this may not be a big
deal...

If you have any questions I may be reached at extension 53707.

Hal


I just sent Kroum a little missive on our familiarity with the "killed"
feature, as well as why we often zero out deals (Transmission in particular)
in scheduling only. If I have to teach a course on scheduling for him to
understand how to build this report I will do it, but I am not really dying
to do that.

As far as our situation here, If you can properly kill a deal, you should do
that instead of just zeroing the volume. I quite often have great success
having many terminal server sessions open at once, and doing the slow stuff
through a few different channels of TS.  Even as we speak, I am running one
report for 6 different months, 1 in each of the 5 terminal severs, and one
locally.  I learned that trick in our old winframe system, and it has served
me well.

I have torn my hair out over this cross-portfolio vs cross-desk thing.  I
have explained it to both Kroum, Duong Luu, and Will each at least 3 times.
How hard is it to get the concept that anything we sell to ourselves is not a
physical deal?

I would say just keep sending them to me, so we don't all have to pull our
collective hairs out. The deal you reference below is kind of like a life
preserver thing. When the market makes a sudden move, it is sometimes faster
to 'hit' the deal through EOL then pull it on the traders side.  It's not the
best way to go, but better than losing a bunch of money.

c

   Kate Symes                02/12/2001 03:35 PM

To: Cara Semperger/PDX/ECT@ECT
cc:
Subject: Desk-to-Desk v. Cross-Portfolio

I'm not quite sure how this exchange began, but it sounds like Kroum is
referring to several different issues here. First of all, our forward
obligation report does not reflect cross-portfolio deals, an application
issue that Will Smith, and it looks like Kroum as well, has been working on
for the past few weeks.

Also, deal 498488 is a forward deal done on EOL between STSW and their own
desk. I haven't seen a trade WITHIN a desk before, but I'm sure anything is
possible. At any rate, this doesn't look like a cross-portfolio deal at all.
Am I missing something?

As for the zeroed out deals, I'm pretty sure everyone here knows how to
properly kill deals in Enpower; however, it takes so long that sometimes we
simply zero out the volume in the interest of time. I've often wondered if
this litters the system and makes it more confusing for other people to do
their jobs - do you know anything about that?

I just thought I'd ask these questions while the subject was being raised.
Please let me know if I can help facilitate these changes or improvements in
any way.

Thanks,
Kate
---------------------- Forwarded by Kate Symes/PDX/ECT on 02/12/2001 03:18 PM
---------------------------
From: Kroum Kroumov/ENRON@enronXgate on 02/12/2001 11:02 AM CST
To: Cara Semperger/PDX/ECT@ECT
cc: Monica Lande/PDX/ECT@ECT, Kate Symes/PDX/ECT@ECT

Subject: RE: FW: FWDOBL

             Cara,

      I think the report should work that way even now.

     I think I found a deal like that 498488 between EPMI Southwest and EPMI
Southeast,
     Region R7, please take a look at that when you test the report.

       I saw lots of deals on the report with volume 0 and price 0, they were
entered that way
       in Portland. There might be another reason, but I think someone wanted
to kill the deals.
       There is an option in Deal Entry to do that, if one opens a deal and
right click with the
       mouse on the status (Done), one can kill a deal.

           Kroum

 -----Original Message-----
From:  Semperger, Cara
Sent: Thursday, February 08, 2001 1:06 PM
To: Kroumov, Kroum
Cc: Lande, Monica; Symes, Kate
Subject: Re: FW: FWDOBL

The "two sides of a cross-portfolio deal" language is a bit vague and
misleading. A cross-portfolio deal is kind of like a desk to desk deal.
Another Enron book has traded with one of ours.

Two important things need to happen with cross-portfolio deals.
 1. They need to only show on the forward obligation report when "Desk to
Desk" is selected.
 2. They are only financial in nature, no physical delivery is ever done
cross portfolio.

I don't think "both sides" is correct. We need to only see our buy or our
sale when we query for our point.  When the other portfolio queries their
stuff, they should see their side.

C

From: Kroum Kroumov/ENRON@enronXgate on 02/08/2001 11:36 AM CST
To: Cara Semperger/PDX/ECT@ECT
cc:
Subject: FW: FWDOBL

        Cara,

     This is all I have so far. I would appreciate your help to make it
clearer.

     If you find a deal No like that, I think it will make my job easier.

     Thanks,
     Kroum

 -----Original Message-----
From:  Project Manager<Unknown.Man@enron.com>@ENRON
[mailto:IMCEANOTES-Project+20Manager+3CUnknown+2EMan+40enron+2Ecom+3E+40ENRON@
ENRON.com]
Sent: Thursday, February 08, 2001 10:31 AM
To: Kroumov, Kroum
Subject: FWDOBL

Forward Obs should show two sides of a Cross-Portfolio deal.  Find out what
needs to be done.  Contact Monica
Lande or Kate Symes in Portland for more details


OUTLOOK EMAIL NOTIFICATION

Your Date of Migration is: Monday, June 11th

YOU WILL BE UNABLE TO SEND E-MAIL unless you take the following action:
Please go through your Notes email and clean out as many old/un-needed email
items as possible BEFORE your date of migration.? After you are migrated to
Outlook you will only be allocated 100MB of total Mailbox space.?? If more
than this amount of data is migrated to Outlook YOU WILL NOT BE ABLE TO SEND
E-MAIL until it is below the 100MB limit.? Cleaning up your Notes email now
will prevent this from happening to YOU.

Enron,s messaging platform is migrating from Lotus Notes to Microsoft Outlook
2000 worldwide.  You will be accessing Outlook for all of your email
functions.

WHY IS ENRON MIGRATING TO OUTLOOK 2000?

Many factors contributed to the decision to migrate from Lotus Notes to
Microsoft Exchange/Outlook.  The most prominent factors were:

? Significant advantages to moving to a product that is more integrated with
current Enron apps (Windows 2000, Office and Internet Explorer)
? More efficient Shared PC and Roaming User features
? Improved support and integration for Palm/CE devices
? Instant Messaging capabilities

WHAT IS BEING MIGRATED TO OUTLOOK 2000?

? Email Messages.  From the date of your scheduled migration, the last (30)
thirty days of your Email will be converted for use in Outlook.
? All your folders in Notes you use to store email messages in.
? To Do Items
? Journal Items
? Calendar Entries dating from (1) one year in the past to (10) ten years in
the future will be converted.
? Address Books, but NOT your Distribution Lists that you created.  You will
need to re-create these in Outlook.

Thank you,

Outlook 2000 Migration Team


Enron Recruitment Technology is launching a new, easy to use, web-based Employee Referral Program.

	This new site will help you to help Enron find the talent it needs. Referrals are one of the best sources of talent for Enron in terms of quality and fit with Enron's culture. We have found that referrals stay with the company longer and adapt faster than those hired through other sources. This site will help us run a world-class employee referral program with less work and better results.

	There are also incentives for you. If you refer a candidate who is hired, you could be eligible to receive a cash reward of up to $5,000.

	So help someone accelerate their career, make yourself some money, and help us realize our mission of being the World's No. 1 Company.

	Check out the site - let us know what you think -- we want to hear from you. This application should make referring easier for you so if you have suggestions that would enhance the program, send us an e-mail (Referral.Station@enron.com) or contact the Referral Station at (713) 345-3254, option 2.

	David Oxley

	http://enron.referrals.com/promo.asp


FYI

 -----Original Message-----
From: 	Saunders, James
Sent:	Friday, October 26, 2001 9:41 AM
To:	Howard, Kevin A.
Cc:	Miller, Mary Kay; Thompson, Debra; Kissner, Tim; Hayslett, Rod; Chandler, Bob
Subject:	RE: TW & NNG: Rate Base, Capitalization, Overall Return and Return on Equity - CONFIDENTIAL
Sensitivity:	Confidential

CONFIDENTIAL
Kevin, for your use, note, this is confidential information from rate case settlement negotiations.

 -----Original Message-----
From: 	Kissner, Tim
Sent:	Friday, October 26, 2001 9:27 AM
To:	Saunders, James
Cc:	Miller, Mary Kay; Thompson, Debra
Subject:	TW & NNG: Rate Base, Capitalization, Overall Return and Return on Equity - CONFIDENTIAL

Below are the Rate Base, Capitalization, Overall Return and Return on Equity for NNG and TW, in response to query No. 8.  Note, that for TW the only "official" numbers in the RP93-34 Settlement were $68,122,500 for pre-tax return, 14.65% pre-tax return percent and 11.50% return on equity percent. For Northern, the Rate Base and Pre-tax return were stipulated in Article 1 of the RP98-203 Settlement.  The Capitalization Structure and Return on Equity were provided in the "Workpapers" attached to the Settlement.

						NNG					TW

Rate Base				$$1,064,104,088			$465,000,000

Capitalization Structure		Debt: 41.57%; Equity: 58.43%		Debt: 42.00%; Equity: 58.00%

Overall Return					10.35%					10.29%

Return on Equity				12.27%					11.50%


Wendy:

I do not think you need a MAC if you have a tiered Threshold.  Please confirm so that we can prepare the ISDA accordingly.  Thanks

Francisco Pinto-Leite
Enron Americas
1400 Smith Street, EB 3888
Houston, TX 77002-7361

Tel: 713-345-7942
Fax:713-646-3490
fleite@enron.com

 -----Original Message-----
From: 	Conwell, Wendy
Sent:	Monday, November 19, 2001 3:07 PM
To:	Cook, Mary; Leite, Francisco Pinto; Bailey, Susan; Heard, Marie; Panus, Stephanie
Cc:	Davies, Derek; Bradford, William S.; Brown, Kortney; Ngo, Tracy; Radous, Paul; Rance, Susan; Sacks, Edward
Subject:	**HIGH PRIORITY** AltaGas Services Inc. CW for ISDA

Please be advised the attached credit worksheet for AltaGas Services should be put on the High Priority List as their is a potential deal pending with Derek Davies in Calgary.  Please forward draft ISDA with credit terms to Derek Davies for further handling as soon as possible.  Call with questions or comments.

Thanks
Wendy

 << File: AltaGas Services ISDA CW.xls >>


please forward to all East Desk members
---------------------- Forwarded by Scott Neal/HOU/ECT on 03/09/2001 12:01 PM
---------------------------

	From:  Mike A Roberts                           03/09/2001 11:43 AM

To: Cary M Carrabine/HOU/ECT@ECT, Richard Tomaski/Corp/Enron@Enron@ECT, Lee
Fascetti/Corp/Enron@Enron, Paul Burgener/Corp/Enron@ENRON, James
Simpson/HOU/ECT@ECT, Per Sekse/NY/ECT@ECT, Caroline Abramo/Corp/Enron@Enron,
Candace Spencer/CAL/ECT@ECT, Terri Brian/CAL/ECT@ECT, Lisa
McIsaac/CAL/ECT@ECT, Carlee Gawiuk/CAL/ECT@ECT, Gregory
Schockling/Corp/Enron@ENRON, Ragan Bond/Corp/Enron@ENRON,
dan.mccairns@bhlp.com, Brad Horn/HOU/ECT@ECT, Jay Knoblauh/HOU/ECT@ECT, Vince
J Kaminski/HOU/ECT@ECT, Jonathan McKay/CAL/ECT@ECT, Jean Mrha/NA/Enron@Enron,
Sunil Dalal/Corp/Enron, Stephanie Miller/Corp/Enron@ENRON, Charles
Varnell/NA/Enron@Enron, Tyrell Harrison/NA/Enron@Enron, Kevin G
Moore/HOU/ECT@ECT, Mike A Roberts/HOU/ECT@ECT, Theresa
Staab/Corp/Enron@ENRON, Nicole Cortez/NA/Enron@Enron, Eric Scott/HOU/ECT@ECT,
Gregory Schockling/Corp/Enron@ENRON, Ragan Bond/Corp/Enron@ENRON,
dan.mccairns@bhlp.com, Brad Horn/HOU/ECT@ECT, Jay Knoblauh/HOU/ECT@ECT,
Eileen Peebles/ET&S/Enron, Jeff Nielsen/ET&S/Enron, Mike Barry/ET&S/Enron,
Michael Nguyen/HOU/ECT, Joseph Hrgovcic/HOU/ECT, Rajib Saha/HOU/ECT, Brando
Hayden/HOU/ECT@ect, Todd Kimberlain/NA/Enron, David Ryan/Corp/Enron@ENRON,
Todd DeCook/Corp/Enron@Enron, Andy Pace/NA/Enron@Enron, Dean
Sacerdote/NA/Enron@Enron, David J Botchlett/HOU/ECT@ECT, Bill F
Briggs/HOU/ECT@ECT, Phil Clifford/HOU/ECT@ECT, Jim Goughary/HOU/ECT@ECT,
Mario de la Ossa/NA/Enron@ENRON, John J Lavorato/Corp/Enron, John
Arnold/HOU/ECT@ECT, Mike Maggi/Corp/Enron@Enron, Hunter S
Shively/HOU/ECT@ECT, Patrice L Mims/HOU/ECT@ECT, Brad McKay/HOU/ECT@ECT,
Scott Neal/HOU/ECT@ECT, Thomas A Martin/HOU/ECT@ECT, Phillip K
Allen/HOU/ECT@ECT, Mike Grigsby/HOU/ECT@ECT, Jim Schwieger/HOU/ECT@ECT,
Steven Vu/HOU/ECT, Geoff Storey/HOU/ECT@ECT, gateway1@pdq.net,
Rjenkins13@aol.com
cc:
Subject: Research's Summer Outlook

The Research Weather Group has posted the 2001 Summer Outlook on Research
Intranet Page, under the Afternoon Video Report.

The links are:
http://gasfundy.corp.enron.com/Gas/sections/weather/InHouse/MorningComents/dis
cussionContent.asp?item=Afternoon

and  http://enaresearch.corp.enron.com/research/framework/default.asp


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 02/22/2001
09:30 AM ---------------------------
From: Todd Kimberlain/ENRON@enronXgate on 02/21/2001 09:21 AM
To: Hunter S Shively/HOU/ECT@ECT, George Hopley/HOU/ECT@ect, Kyle
Berryman/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Bob Beyer/ENRON@enronXgate,
Reno Casimir/ENRON@enronXgate, Huy Dinh/ENRON@enronXgate, Partho
Ghosh/ENRON@enronXgate, "Gil, Eduardo"
<Eduardo.Gil@ENRON.com>@SMTP@enronXgate, D Todd Hall/ENRON@enronXgate, Joseph
Hrgovcic/ENRON@enronXgate, Michael Nguyen/ENRON@enronXgate, Timothy M
Norton/ENRON@enronXgate, Sandeep Ramachandran/ENRON@enronXgate, Claudio
Ribeiro/ENRON@enronXgate, Rajib Saha/ENRON@enronXgate, Valter
Stoiani/ENRON@enronXgate, Mark Tawney/ENRON@enronXgate, Gary
Taylor/ENRON@enronXgate, Yannis Tzamouranis/ENRON@enronXgate, Steven
Vu/ENRON@enronXgate, Catherine Woolgar/ENRON@enronXgate, Stephen
Bennett/NA/Enron@ENRON, Todd DeCook/Corp/Enron@Enron, Vince J
Kaminski/HOU/ECT@ECT, Jose Marquez/Corp/Enron@ENRON, Andy
Pace/NA/Enron@Enron, Mike A Roberts/HOU/ECT@ECT, David Ryan/Corp/Enron@ENRON
cc:
Subject: PROFESSOR JIM ELSNER'S VISIT:  FEBRUARY 22

Professor Jim Elsner from the Department of Meteorology/Geography at Florida
State University will be visiting the Weather Risk Management group on
Thursday, 22 February 2001.  Professor Elsner is a leading expert in
hurricane climate studies, whose current studies include variations in
tropical cyclone frequency over a variety of time scales and shifts/trends in
hurricane landfall probabilities and their relationship to climate and
climate change; he is noted for his seasonal predictions for number of
hurricanes and landfall probabilities along segments of the U.S. coastline.
Moreover, he is a leading authority in non-linear dynamics and chaos theory
and has published a number of papers on these topics.

His talk will focus on a proposed research topic, which will provide Enron
with climatological instruments for use in the insurance and long-term
derivative markets.  The research involves a
Bayesian analysis of the longest available record of hurricane activity along
the U.S. coastline.  His current, proposed study addresses the hurricane
threat in the United States, but the methodology can be applied elsewhere.
The techniques also can be applied to climate extremes including
precipitation and
temperature.

The talk entitled, "Predictive U.S. Hurricane Climate" is scheduled for 9
a.m. at the Hyatt -- Arboretum 5 (2nd Floor).

All are cordially invited to attend.

Best regards,
Todd Kimberlain


This is ok. Lets review them in the SF Enron office.

 -----Original Message-----
From: 	Cigarroa, Gabriella
Sent:	Monday, August 06, 2001 12:08 PM
To:	Sanders, Richard B.
Subject:	FW: Review of Electronic Documents
Importance:	High

Richard,
  Peter Meringolo, from Brobeck, has requested copies of email files and documents be made for review at the Brobeck offices.  My recommendation is that the review be made at the Enron offices and that only those files that pertain to the case be copied (or printed) to take to Brobeck's offices.  I'd like to minimize the amount of non-pertinent information that leaves our control.  Attached is the message I sent to Dave on this issue.  If you feel it is most appropriate to give them copies of everything, I understand, I just wanted to convey the risks and obtain your acceptance.
  The office manager in San Francisco has had arrangements in place (for the last month) so that Brobeck could review the documents in the San Francisco office.  I understand from Peter that they are getting much closer to needing to complete the review, so if you can let me know what route you decide on that would be great.  THanks.  -gabriella

Director, Business Controls & Security

 -----Original Message-----
From: 	Cigarroa, Gabriella
Sent:	Tuesday, July 31, 2001 2:16 PM
To:	Parquet, David
Subject:	FW: Review of Electronic Documents

Dave,
  	Peter Meringolo, from Brobek, has sent me a request to create copies of Sue Mara's, Mike McDonald's and your email files and documents so that they can be reviewed at Brobeck's offices.  I recommend that the email files and documents be reviewed at your offices, and if necessary, only those messages and documents responsive to the subpoena be copied electronically for use at the Brobeck offices. (The issue with making electronic copies of material is that once it is out of our control we will no longer have any idea of how many copies were made, who had access to the material, or know how it was stored and protected.  Therefore, it is in our best interest to reduce the information copied electronically to only what is essential.)  If printing is adequate then I would recommend that Brobeck print the documents that are responsive to the subpoena.
 	April has set up appropriate access to the system and files so that they can be reviewed in your office spaces.  I have spoken with Peter and promised that I would get your input (as well as Richard Sanders) on the issue.  Please give me a call if you have any questions.  Best regards.  -gabriella

P.S.  I have placed some comments in red next to each of Peter's points.

-----Original Message-----
From: Meringolo, Peter [mailto:PMeringolo@brobeck.com]
Sent: Thursday, July 26, 2001 7:28 PM
To: Cigarroa, Gabriella
Subject: Review of Electronic Documents

Gabriella,

Thank you for taking the time to discuss the copying of email and electronic
documents in the possession of certain employees in Enron's San Francisco
office.  As we discussed, this email sets forth our request and our reasons
this request.  I truly appreciate you discussing this issue with Richard
Sanders and Dave Parquet.

REQUEST:  We request that Enron copy onto CD's certain electronic documents
and emails in the possession of Dave Parquet, Sue Mara and Mike McDonald.
Thereafter, we will review these documents and produce only those documents
and emails that are responsive to subpoenas from the California Senate and
the California Attorney General.  The documents and emails we request to be
copied likely contain documents and emails not responsive to these two
outstanding subpoenas.

REASONS FOR REQUEST:  You raise valid concerns with our proposal insofar as
we ask for copies of documents and emails that are not responsive to the
subpoenas.  We believe our proposal is the best approach for following
reasons:

	(1) We can accurately keep control of what we have reviewed, what we
have deemed responsive, and what we have deemed privileged.  (Folders can be set up for filing and tracking these documents. -gc)

	(2) We can re-review materials in the likely event of further
subpoenas or documents requests.  (All documents and emails are to be retained so that they will be available for future reviews. -gc)

	(3) We can review the materials in the least disruptive manner
possible -- on our own computers and in our offices. (Operating from your office may be an inconvenience, but it minimizes the risk of losing control of sensitive documents that have no bearing on the case. -gc)

	(4) We can review at the pace dictated by the litigation, which is
unpredictable (to say the least).  (As long as access to your office spaces and the system is made available this should not be an issue. -gc)

Concerns about security and confidentiality are common in all litigation and
document review.  We always take these concerns seriously.  We will restrict
access to these documents to only those persons involved with reviewing and
organizing the documents.  We will work with you to ensure that these
documents will remain in strict confidence.

Again, I truly appreciate your taking the time to discuss these matters with
me as well as with Dave and Richard.  If there is any further information
you need, please do not hesitate to ask.

Very truly yours,

Peter Meringolo

=======================================================
This email message is for the sole use of the intended recipient(s) and may contain confidential and privileged information. Any unauthorized review, use, disclosure or distribution is prohibited. If you are not the intended recipient, please contact the sender by reply email and destroy all copies of the original message.

To reply to our email administrator directly, send an email to postmaster@brobeck.com
BROBECK PHLEGER & HARRISON LLP
http://www.brobeck.com


The ponytail, tattoo and the beard were gone when he showed up last Monday.
I hope somebody got some pictures of that!  SRS

"Mark Skilling" <markskilling@hotmail.com> on 07/25/2000 02:27:45 AM
To: Jeff.Skilling@enron.com
cc:

Subject: Re: Hello again...

Sherri,

When I got your message, I was certain I had thrown the ticket away.  But, I
was happy to find that I had procrastinated and still had it.  It will be in
the mail shortly.

The trip did go well; thanks for setting it up.

I'm curious to know whether Jeff kept the ponytail and tattoo?

Mark

>From: Jeff.Skilling@enron.com
>To: markskilling@hotmail.com
>Subject: Hello again...
>Date: Mon, 24 Jul 2000 09:26:57 -0500
>
>Hi Mark.  I heard you guys had a great time in Africa - it's hard to
>believe it has already come and gone!
>
>Just wondering if you still have your unused KLM ticket for the
>Istanbul/Amsterdam/Nairobi leg of the trip.  That is a refundable ticket,
>so if you would return it to me I can get Jeff's card credited for the
>charge - I believe it's in the neighborhood of $2,000.  If you have it,
>just drop it in the mail to:
>
>Sherri Sera
>c/o Enron Corp.
>P.O. Box 1188
>Houston, TX 77251-1188
>U.S.A.
>
>Thanks and take care,
>Sherri
>

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


Steve,

These documents would be useful in the preparation for your upcoming
presentation in Madrid.

The Eurelectric trip to the US (including their visit to Enron building in
Houston) has been rather fruitful - attched is the report Eurelectric
delegates put together upon their return from States and the slides from the
presentation they made in Brussels for the Commission and Members of the
European Parliament. Also attached is the memorandum from the European
Commission on the Californian crisis. The bottomline message is that
liberalisation process is not to be blamed for what happened in CA but rather
a set of very complex conditions. Also, the Commission tried to highlight
that a similar situation is highly unlikely to be reproduced in the European
Member States.

Nailia


Bob,

Go ahead and reduce their volume by 8 hours for that day.

D

	Enron North America Corp.

	From:  Robert Cotten                           06/14/2000 10:49 AM

To: Daren J Farmer/HOU/ECT@ECT
cc: Tom Acton/Corp/Enron@ENRON
Subject: Saxet Thompsonville - Shut-in gas

Daren,

FYI.  Saxet Thompsonville meter #9794 will be shut-in 4 to 8 hours on 6/22.

Bob


---------------------- Forwarded by Matthew Lenhart/HOU/ECT on 12/19/2000
01:30 PM ---------------------------

"Rincon, Jaime" <JARx@pge.com> on 12/19/2000 12:18:52 PM
To: "'matthew.lenhart@enron.com'" <matthew.lenhart@enron.com>
cc:

Subject: FW: You didn't get this from me

> 1. Cleveland Steamer: an act in which one partner hovers above the
> other, and shits on his/her chest.
>
> 2. Tossing Salad: eating out a man or woman's ass. The term was used in
> a segment of an HBO prison documentary.
>
> 3. Rusty Trombone: the process by which one person is tossing a guy's
> salad, and then reaches around and gives them a hand job.
>
> 4. Dirty Sanchez: while fucking a girl doggy style, insert a finger in
> her ass and get it all shitty. Then, reach around to her face and give
> her a shit moustache, a "shitstache" if you will.
>
> 5. Slimy Snatchita: it's basically the same concept as the Dirty
> Sanchez. Instead of shit, get your finger all bloody and she won't know
> anything is wrong until the morning when she awakes with a crusty
> dry-blood moustache.
>
> 6. Dirty Schultz: same as Dirty Sanchez, except you give yourself the
> shitstache.
>
> 7. Dog In a Bathtub: when a man attempts to insert his nuts into a girls
> ass (why anyone would WANT to do this is mind-boggling).  Apparently,
> it's about as difficult to keep them there as it is to keep a dog in a
> bathtub.
>
> 8. Samoan Pile Driver: a sexual position that occurs when a woman's
> back and the bed are perpendicular, but she is upside down. The man
> stands above the woman and points his gig due south, simply bending his
> knees for repeated stroking.
>
> 9. Whale's eye: a Woman's privates.  Ever see the eyes on a blue whale,
> humpback whale, sperm whale, killer whale, etc? If not, check out an
> issue of National Geographic.
>
> 10. Balloon Knot: the Backdoor. The anus. The poop-chute.  The "fudge
> factory", if you will. You know, the asshole.
>
> 11. Coney Island Whitefish: a used condom, usually found floating in the
> water.
>
> 12. New Jersey Meathook: when a man inserts his finger in the ass of his
> partner while screwing her, and feeling her cervix. Most effective from
> behind.
>
> 13. Boston Shocker: when a man sticks his penis in the woman's anus and
> then puts it in her mouth then back to her ass.
>
> 14. Snowballing: when a man comes in a girl*s mouth then she spits it
> back into his mouth or it can be into another girls mouth.
>
> 15. Teabagging: when a man stands above the woman then dips his balls in
> her mouth.
>
> 16. Fanny Batter: in Britain they call a woman's vagina  the FANNY and
> of course all the beautiful homemade lubricant is the BATTER.  It always
> gets the Limeys rolling, when ordering fish & chips, if you ask for the
> haddock with EXTRA fanny batter.
>
> 17. Brushback Pitch: when you're getting head, yell "Batter Up!" Then,
> quickly pull out and give her a dick in the ear.
>
> 18. Cropduster: when spooning with your woman, and you are in front with
> your back to her front, if a fart accidentally sneaks out into her bush,
> it's called crop-dusting.
>
> 19. Dutch Oven: entrapping an unsuspecting sleeping partner in a world
> of ass odor by farting under the covers and pulling them over her head
> (and yours as well if you're into that sort of thing).
>
> 20. Dutch Treat: the unexpected result of a Dutch Oven gone terribly
> wrong. Very messy indeed.
>
> 21. Fountain of Youth: while sitting on her face and having her eat your
> ass, jerk off like a madman.
>
> 22. Tupperware Party: when three guys are triple-teaming a chick: one
> with his penis in her mouth, another in her vagina, and the third in her
> anus. So named because he is air-tight.
>
> 23. Arabian Goggles: a seldom-seen maneuver involving the testicles
> where the satchel is spread wide and placed on the face of the "ride",
> thus resting the balls in the gogglee's eye sockets.
>
> 24. Beef Curtain: The shanked out remains of the labia after being
> stretched like Play-doh from an hour or so of jimmy-jam (a.k.a. Beef
> Drapes, Meat Tarp, Piss Flappers, Quim Nuts, Vertical Bacon Sandwich)
>
>
> Letter to the editor,
> I've heard stories from various people about foods and liquids that can
> affect the taste of semen, some of them with reasons, others without.
> One no-no, is beer.  Beer apparently causes semen to have a bad taste.
> On the plus side though, pineapple juice (while not only tasting good)
> makes semen taste sweet.  Also, 'fake' sugar like NutraSweet and Equal,
> and the sweeteners found in drinks like diet coke, apparently pass
> through the body unprocessed, and will come out of the body in their
> original form.  This can make semen have a sweet taste also.
>
>


----- Forwarded by Elizabeth Sager/HOU/ECT on 06/07/2001 09:00 AM -----

	pmclaughlin@aep.com
	06/07/2001 08:58 AM

		 To: elizabeth.sager@enron.com
		 cc: AKatz@eei.org
		 Subject: EEI Collateral Annex Comments

Please see AEP's comments to the EEI Collateral Annex attached.  I have
revised AEP's comments to correspond to Enron's comments.

Also, I will be attending the EEI meeting, so could you please include my
name on the distribution list.

Thank you.
Patty

(See attached file: AEP's comments to EEI Collateral Annex.doc)
 - AEP's comments to EEI Collateral Annex.doc


Start Date: 1/10/02; HourAhead hour: 22;  HourAhead schedule download failed. Manual intervention required.


George, may I please have the zip code for the address below?  I'll send the
tickets by courier as soon as I get that.  A phone number would be helpful,
also.  I'm glad you mentioned that Paco is planning to attend as I had not
heard from him.  I'll courier over 2 tickets.

Regards,
Sherri Sera
Assistant to Jeff Skilling
713.853.5984
713.646.8381 (fax)
sherri.sera@enron.com

GKoutani@aol.com on 09/27/2000 06:26:57 PM
To: Jeff.Skilling@enron.com
cc:

Subject: Re: Astros Game

If you could send mine and Paco Wood's if he has not recieved it yet to the
same address.  Send it to 9730 townpark drive. suite 100.  I am moving my
bussiness so if you can try and send it by friday.


The latest PA is online.  I have printed out a copy of the current version
and sent it to Alan.

	Thomas D Gros@ENRON
	09/08/2000 02:28 PM

		 To: Alan Aronowitz/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT
		 cc:
		 Subject: CommodityLogic Legal Docs

Hi guys,

Louise was concerned that CommodityLogic might not have borrowed the latest
edition of EOL documents for use on the CommodityLogic website.  Could I
please ask you two to ensure that we are using the latest legal stuff.  I am
not sure who actually holds the definitive copy of the latest EOL legal
docs...

Thanks very much,

Tom


TODAY'S HEADLINES
The New York Times on the Web
Friday, November 23, 2001
------------------------------------------------------------
For news updated throughout the day, visit www.nytimes.com

/-------------------Also From NYTimes.com------------------\

Holiday Shopping

Take advantage of special offers and discounts -- on gifts,
travel and luxury items from NYTimes.com's premium
advertisers -- with the Holiday Shopping E-Mail.

http://www.nytimes.com/services/email/email.html#holiday
\---------------------------------------------------------/

QUOTE OF THE DAY
=========================
"I'm thankful I'm alive, but I feel guilty I'm alive. I'm
trying to remember the guys who aren't here. Their wives
and children. It's a   hollow feeling. You try to laugh
sometimes to keep   your sanity, but you feel bad   about
laughing."
-ROBERT MADDALONE, Firefighter, Squad 1

http://www.nytimes.com/2001/11/23/nyregion/23SQUA.html?todaysheadlines

NATIONAL
=========================
U.S. Airport Task Starts With Staff

As the government takes over the nation's screening system,
experts say it will take more than higher salaries to turn
the screening process around.
http://www.nytimes.com/2001/11/23/national/23SCRE.html?todaysheadlines

-----

Breaking Law or Principles to Give Information to U.S.

Professionals in many fields are re-evaluating long-held
precepts of confidentiality in light of the terrorist
attacks of Sept. 11.
http://www.nytimes.com/2001/11/23/national/23LIBR.html?todaysheadlines

-----

U.S. Hunting Antiviral Drug to Use in Case of Smallpox

Government scientists are conducting studies to find out
whether any existing antiviral drugs  will work against
smallpox.
http://www.nytimes.com/2001/11/23/national/23POXD.html?todaysheadlines

-----

MORE NATIONAL NEWS:
http://www.nytimes.com/pages/national/index.html?todaysheadline

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INTERNATIONAL
=========================
U.S. Hits Caves in bin Laden Hunt; Battle Rages in North

The American military continued its systematic hunt for
Taliban and Al Qaeda leaders in Afghanistan by working down
a target list of cave networks.
http://www.nytimes.com/2001/11/23/international/asia/23MILI.html?todaysheadlines

-----

NATO Plan Offers Russia Equal Voice on Some Policies

The NATO secretary general proposed Thursday to give Russia
equal status with the alliance's 19 permanent members in
devising and executing some policies.
http://www.nytimes.com/2001/11/23/international/europe/23NATO.html?todaysheadlines

-----

In Skirmish, Bold Rebel Attack Swerves to Retreat

Troops of the Northern Alliance scrambled away in sudden
retreat Thursday after launching a misbegotten attack
against a stubborn Taliban stronghold.
http://www.nytimes.com/2001/11/23/international/asia/23BATT.html?todaysheadlines

-----

MORE INTERNATIONAL NEWS:
http://www.nytimes.com/pages/world/index.html?todaysheadline

BUSINESS
=========================
Chase and J. P. Morgan's Paper Anniversary

One year after J. P. Morgan and the Chase Manhattan
Corporation merged, the money-making opportunities that
were supposed to justify the union have largely dried up.
http://www.nytimes.com/2001/11/23/business/23BANK.html?todaysheadlines

-----

Owner of Casual Corner Chain Seen in Deal for Brooks
Brothers

Brooks Brothers, the retailer of classic American men's
wear, is close to being sold to the owner of the Casual
Corner women's apparel chain for about $225 million.
http://www.nytimes.com/2001/11/23/business/23SHOP.html?todaysheadlines

-----

Fuel Targets for Sport Utilities Pose Difficulties for
Automakers

Some auto executives are casting doubt on whether Ford's
fuel economy goal set last year  a 25 percent improvement
by 2005  can be met.
http://www.nytimes.com/2001/11/23/business/23AUTO.html?todaysheadlines

-----

MORE BUSINESS NEWS:
http://www.nytimes.com/pages/business/index.html?todaysheadline

TECHNOLOGY
=========================
Cyberspace Seen as Potential Battleground

Government officials are warning that cyberattacks are
likely as retribution for the United States campaign in
Afghanistan.
http://www.nytimes.com/2001/11/23/technology/23CYBE.html?todaysheadlines

-----

Attacks at Hubs Could Disrupt Phone Lines

Public safety experts and telecommunications executives are
growing increasingly concerned about the possibility of
attacks on the telephone system.
http://www.nytimes.com/2001/11/23/technology/23PHON.html?todaysheadlines

-----

What Did You Do Before the War?

New fears and new data tools are yielding a boom in
background checks -- even after you're hired.
http://www.nytimes.com/2001/11/22/technology/circuits/22CHEC.html?todaysheadlines

-----

MORE TECHNOLOGY NEWS:
http://www.nytimes.com/pages/technology/index.html?todaysheadline

POLITICS
=========================
Inquiries Into Failures of Intelligence Community Are Put
Off Until Next Year

Congressional leaders have agreed to delay until next year
any major investigation into the government's failure to
stop the attacks on the World Trade Center and the
Pentagon.
http://www.nytimes.com/2001/11/23/politics/23INTE.html?todaysheadlines

-----

Saudi Says Bush's Words May Soothe Arab Feelings

Saudi Arabia's foreign minister said he was "very much
encouraged" by statements from the Bush administration on
reviving the quest for Middle East peace.
http://www.nytimes.com/2001/11/23/international/middleeast/23SAUD.html?todaysheadlines

-----

Utah G.O.P. Endangers a Democrat

Because of redistricting, Jim Matheson, a Democratic
representative from Salt Lake City, could be swept out of
Congress by next year.
http://www.nytimes.com/2001/11/23/politics/23UTAH.html?todaysheadlines

-----

MORE POLITICS NEWS:
http://www.nytimes.com/pages/politics/index.html?todaysheadline

SPORTS
=========================
Lions Once Again on Short End in Long Season

The Lions made up all but 2 points of a 16-point deficit in
the final seven minutes with two touchdowns and a 2-point
conversion, before Green Bay survived with a win.
http://www.nytimes.com/2001/11/23/sports/football/23LION.html?todaysheadlines

-----

A Town Where Football Is the Glue and the Hope

Glades Central High School in tiny Belle Glade, Fla.,
provides football stars at all levels of the sport and
gives solace to a poor, rural town where football occupies
a complicated social position.
http://www.nytimes.com/2001/11/23/sports/ncaafootball/23BELL.html?todaysheadlines

-----

A Competitor Who Withdrew From the Game

Leon Gray, a former offensive tackle for the Patriots,
abruptly left football in 1983 after a distinguished
11-year career. For the rest of his life, he performed a
similar disappearing act in the lives of family and
friends.
http://www.nytimes.com/2001/11/23/sports/football/23GRAY.html?todaysheadlines

-----

MORE SPORTS NEWS:
http://www.nytimes.com/pages/sports/index.html?todaysheadline

ARTS
=========================
Lifting the Veil on a Far-Off World

Several new releases  by Iranian filmmakers coincide with  a
surge of American interest in anything having to do with
Islam and the Middle  East.
http://www.nytimes.com/2001/11/23/movies/23ISLA.html?todaysheadlines

-----

Pop Embraces the Teleconcert

No longer just a pleasure sneaked in   between talk show
segments, popular music on television  finds other ways to
thrill.
http://www.nytimes.com/2001/11/23/arts/music/23POWE.html?todaysheadlines

-----

The Timeless Spell of Empire

"Eternal Egypt: Masterworks of Ancient Art   From the
British Museum" at the Brooklyn Museum of Art is a somberly
 beautiful exhibition.
http://www.nytimes.com/2001/11/23/arts/design/23SMIT.html?todaysheadlines

-----

MORE ARTS NEWS:
http://www.nytimes.com/pages/arts/index.html?todaysheadline

NY REGION
=========================
A Parade Steeped in Pageantry, With a Core of Patriotism

The 75th annual Macy's Thanksgiving Day Parade was partly
transformed by patriotic pomp and recast as an affirmation
of New York's resilience in the face of tragedy.
http://www.nytimes.com/2001/11/23/nyregion/23PARA.html?todaysheadlines

-----

An Exhaustive Search for Clues, Down to an Anthrax Victim's
Hairpins

F.B.I. agents and health officials spent Thanksgiving Day
poring through the Oxford, Conn., home of Ottilie W.
Lundgren, who died of anthrax on Wednesday.
http://www.nytimes.com/2001/11/23/nyregion/23ANTH.html?todaysheadlines

-----

Disaster Gives the Uninsured Wider Access to Medicaid

The need for health coverage is a vexing old problem that
has become much worse since Sept. 11.
http://www.nytimes.com/2001/11/23/nyregion/23INSU.html?todaysheadlines

-----

MORE NY REGION NEWS:
http://www.nytimes.com/pages/nyregion/index.html?todaysheadline

OP-ED
=========================
Terrorist Software
By THOMAS L. FRIEDMAN
For Americans, Osama bin Laden is a mass murderer. But for
many young Arabs, bin Laden, even in defeat, is still Robin
Hood.
http://www.nytimes.com/2001/11/23/opinion/23FRIE.html?todaysheadlines

-----

Bravery at Home
By JEAN S. ARBEITER
President Bush says veterans should talk to children about
World War II. A fine idea, but those of us who were
children during that war have something to tell, too.
http://www.nytimes.com/2001/11/23/opinion/23ARBE.html?todaysheadlines

-----

We Have the Right Courts for Bin Laden
By HAROLD HONGJU KOH
If we should capture Osama bin Laden or his accomplices in
the days ahead, where should   we try them?
http://www.nytimes.com/2001/11/23/opinion/23KOH.html?todaysheadlines

-----

MORE OP-ED  NEWS:
http://www.nytimes.com/pages/opinion/index.html?todaysheadline

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Attached for your information is the latest advice on the introduction of
EnronOnline to Australia. I'm not sure how close you want to follow progress
but I'll copy you in until you say to stop .

 There are no  regulatory or contractual concerns that might delay
implementation . However, there will need to be some more work on regulatory
issues when we extend EnronOnline to non-electricity commodity derivatives.

Last year I drafted GTCs for Power trades and amended the Password Agreement
and ETA. These are with outside counsel for external review.

If there are going to be any legal issues they are more likely to be on
procedural matters. For example it is not clear yet which office
counterparties wishing to open an account will call. If it is not here then
we will need to develop a protocol to ensure legislative requirements in
checking potential counterparties are followed.

I am working with our people developing  product descriptions.


Mark,

Dave Forster ask me to forward this note to you.

Frank

---------------------- Forwarded by Frank L Davis/HOU/ECT on 03/03/2000 03:14
PM ---------------------------

David Forster
02/24/2000 09:44 AM
To: Bryan Seyfried/LON/ECT@ECT
cc: Frank L Davis/HOU/ECT@ECT
Subject: Reference Entity Approvals for Credit Derivatives

Bryan,

Just want to make sure that you are aware that at this point, only the
following 7 Reference Entities have been approved for trading on EnronOnline,
of the the 20 which were originally submitted. The others have been rejected.

Dave

Reference Entity    Approval Status

Birka Energi AB     Approved
Graningeverkens A/B    Approved
London Electricity    Approved
Scottish and Southern Energy plc  Approved
Seeboard plc     Approved
Sydkraft AB     Approved
Cinergy Corp     Approved

BC Group plc
Hyder plc
National Power plc
PowerGen UK
Scottish Power UK plc
Duke Energy Corp
Dynegy Inc.
El Paso Energy Corp
Pacific Gas & Electric Company
The Southern Company Inc
Lucent Technologies
Nortel Networks Corp
Reliant Energy Inc


Sean and Diana just returned - found out they had doubled up on those puget
deals - i'm killing 534496 and 534497 right now.

Kerri Thompson@ENRON
02/28/2001 02:53 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Re: apb

the broker does not show these trades twice, already confirmed deals 534167
and 534168.  pls verify that sean or diana did both of these deals twice.

   Kate Symes @ ECT                02/28/2001 04:42 PM

To: Kerri Thompson/Corp/Enron@ENRON
cc:

Subject: Re: apb

Verified with Diana and Sean - these should be APB.

and the Williams deal should be resolved - deal # is 534497

Kerri Thompson@ENRON
02/28/2001 02:39 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: apb

i have 2 more things besides the williams deal.  apb is trying to leave thats
why i was trying to get these deals resolved.

534496
534497

apb does not recognize, these may be duplicated deals that are already in the
system.

thanks


Your presence is requested at a  training session of Profiles Mgr. Testing &
Demo.

Date                                        10/11/00

Time                                         3:30-5:30

Location                                  EB 564

Thanks
Lola


No wanting to incur the wrath of Jen for failing to keep you informed.  Monte
Montgomery will be playing at The Fabulous Satellite Lounge May 6.
Hopefully, we can make this one.


Enclosed is the latest regulatory filing summary, as well as the latest
addtions to the Order 637 Filings.  Please note that the latest round of
Order 637 filings begins on page 9 of that attachment.


Got a delivery failed message when i tried to send this to you the  first time. somehow it went to susan.m.sc@kis.ernet.in???
i am sorry to hear about purget, but it sounds like things may work  out for the best regardless. i am so excited for you and very  excited to visit you in seattle when i return. i must say that you did  a very bold thing turning down UBS without having  another job  lined up. but i agree with you, its definitely best to make a clean  break. are all the employees that agreed to stay with UBS going to  relocate or stay in houston? did lenhart accept? how long did you  have to make your decision? are you still working at enron for the  moment? if so, how long can you stay on and still receive a  paycheck?  what does your mom think about seattle? i cant  believe you could be there by march. sorry for all the questions...  just excited to hear.
yvette and erik have accepted jobs at Huber and are staying in  houston, but signed the contract to sell there house before they  accepted the job. so they will be moving into an apartment.  anything else going on? keep me posted and send me your hotmail  email address. i have it in my address book on hotmail but havent  been able to access the internet in a week. just want to be able to  find you if you leave enron soon.
talk to you soon, take a look at the pictures below on my first week  in kodai.
lisa
------- Forwarded message follows -------
From:           	Lisa Gillette <lisag@kis.ernet.in>
To:             	elizabeth_ivers@eogresources.com, svonderheide@houston.rr.com, tcarter3@houston.rr.com,Cathy.Stevens@EXULT.net, piney@mymailstation.com, vburtonb@pdo.co.santa-clara.ca.us, burtont@nushtel.com, jennaburton2001@yahoo.com, ehillegeist@hotmail.com, Susan.M.Sc
Subject:        	Pictures
Copies to:      	mgille@coair.com, Rufburt@aol.com
Date sent:      	Fri, 1 Feb 2002 13:13:28 +0530
These are pictures taken by Priya's brother. So the first 37 pictures
are of Priya's family in the Andaman Islands. The remaining are
from our first couple of days in Chennai and then the first week in
Kodai.
http://photos.yahoo.com/kirby_knapp
#43 - the guest house I stayed at with Priya's family my 2nd night
in Chennai and the owner (NEW YEARS EVE),
#45 - Priyas mom and stepdad
#46 - Priya, Anna (KIS Staff member), and I about to get on the
overnight train from Chennai to Kodai.
#47 - me on the train trying to find our bunks
#48 - actually quite funny warning message. we saw this as we
were getting off the train though
#50-57, views of a village futher down the hills
#58 - monkeys everywhere
#60-64 my first hike in Kodaikanal
#66-72 - a Kodaikanal Sunrise

------- End of forwarded message -------


Dear Team,

I added some stuff, including the equations, to Dennis's PS#5 to make it
look like the Professor's (page 11 of the Project Management handout). I
printed out the equations using the control-tilda, too.

I also spent some time with Problem 1 from the team handout. I made at
least one important change - only using one bearing size that is then
calculated with shaft sizes for both current and proposed. I had a lot
of trouble with the precision on the graphs (only 2 digits after the
decimal), so I made pass/fail criteria (i.e. IF .005<bearing size-shaft
size<.009, returns a 1=pass, else 0=fail). I made these into report
cells too. I also made another report cell that compares the success of
the two methods - this is getting at question 3. It basically determines
if there is ever a time that the current method gets success when the
proposed method gets failure (I came up with 8.7% on 1000 runs).

Let me know what you think. See you tonight.

Pat

 - REPORT 1.xls
 - PS
 - problem 1.xls


-----Original Message-----
From: 	Parking & Transportation
Sent:	Tuesday, October 23, 2001 3:41 PM
To:	Vuittonet, Laura
Subject:	RE: Clay Garage Parking

Laurie,

Mr. Parks is fine where he is, he does not have to move from the Clay garage, if you have any further questions, you can cotact Martin Katz at x5-9322, his location is ECN306.

Thank you,
Parking & Transportation