Thanks.  I already got mine.

Debra Davidson
01/08/2001 02:23 PM
To: Phillip Platter/HOU/ECT@ECT, Christian Yoder/HOU/ECT@ECT, Theresa
Villeggiante/PDX/ECT@ECT, Jeff Shields/PDX/ECT@ECT, Mary Hain/HOU/ECT@ECT,
Christopher F Calger/PDX/ECT@ECT, Bill Williams/PDX/ECT@ECT, Susmitha
Nalluri/PDX/ECT@ECT, Ashok Gurusamy/PDX/ECT@ECT, Kourtney Nelson/PDX/ECT@ECT,
Monica Lande/PDX/ECT@ECT, Paul Kaufman/PDX/ECT@ECT, Dale
Rasmussen/HOU/ECT@ECT, Holli Krebs/HOU/ECT@ECT, Cara Semperger/PDX/ECT@ECT,
Valarie Sabo/PDX/ECT@ECT, Lani Pennington/PDX/ECT@ECT, Kathy
Axford/PDX/ECT@ECT, David Poston/PDX/ECT@ECT, Ed Clark/PDX/ECT@ECT, Chris H
Foster/HOU/ECT@ECT, Dave Fuller/PDX/ECT@ECT, Chris Stokley/HOU/ECT@ECT, John
Malowney/HOU/ECT@ECT, Murray P O'Neil/HOU/ECT@ECT, Jim Buerkle/PDX/ECT@ECT
cc: Portland West Desk
Subject: Portland Flu Shots Scheduled for Friday, January 12

A nurse will be at our office on Friday, January 12, to administer flu shots
to employees/spouses from 1 - 2 p.m. in Mt. Adams, as described in the EBS
announcement below.

If you are listed in the "To:" section of this email, you have requested a
flu shot and you should make plans to obtain your shot during this time.
Please let me know if you will be unable to get your shot, which may allow
another person to get one due to your absence.

If you have not yet indicated you wanted to get a flu shot and would like to
sign up, please contact me right away.  Also keep in mind that spouses of
employees are also eligible to get a flu shot.

Let me know if you have any questions.

---------------------- Forwarded by Debra Davidson/PDX/ECT on 01/08/2001
02:24 PM ---------------------------
From: Teckla Anderson@ENRON COMMUNICATIONS on 01/08/2001 02:16 PM
To: Debra Davidson/PDX/ECT@ECT
cc: Herb Caballero/Enron Communications@Enron Communications
Subject: Portland Flu Shots Scheduled for 01-12-01

Flu Shots will be available to Enron North America Employees through Enron
Broadband Services on
Friday, January 12th from 1:00pm - 2:00pm in the Mount Adams Conference Room
of the Three World
Trade Center Building.

If you have any questions, please contact Debra Davidson at extension 3928 or
Teckla Anderson,
at the number listed below.

Teckla Anderson,
Administrative Assistant
Safety and Health Dept.
Enron Broadband Services

Office:  (503) 886-0603
Cell:      (503) 701-2805


Here are the picks for today:

 - 2000PlayoffScoresChamp.xls


pls print for me.  thanks df
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 03/29/2001
07:53 AM ---------------------------
From: Shelley Corman/ENRON@enronXgate on 03/28/2001 04:38 PM
To: Frazier King/ENRON@enronXgate, Drew Fossum/ET&S/Enron@ENRON, Dari
Dornan/ET&S/Enron@ENRON, Maria Pavlou/ENRON@enronXgate
cc:

Subject: FW: Latest Version of Segmentation Brief

 -----Original Message-----
From:  "Monica Douglas" <MRD@vnf.com>@ENRON
[mailto:IMCEANOTES-+22Monica+20Douglas+22+20+3CMRD+40vnf+2Ecom+3E+40ENRON@ENRO
N.com]
Sent: Tuesday, March 27, 2001 3:11 PM
To: rnuschler@akingump.com; rmfmckinne@aol.com; mark.cook@coastalcorp.com;
AlexanderL@dsmo.com; Shelley_Corman@enron.com; hendricksond@epenergy.com;
fkelly@gbmdc.com; cdavis@glgt.com; mike.mcmahon@gulfsouthpl.com;
jdreskin@INGAA.org; Pludwig@INGAA.org; kbdriver@jonesday.com;
Paul_Mallory@kindermorgan.com; dgetchell@mcguirewoods.com;
jblasiak@mcguirewoods.com; jschwitzer@mcguirewoods.com;
carl.fink@neg.pge.com; marsha.palazzi@neg.pge.com; clevander@nisource.com;
kkrieger@nisource.com; jschaefgen@thelenreid.com; coharra@velaw.com;
hmay@velaw.com; jjohnson@velaw.com; John Burnes; Paul Korman; Susan Moore;
tiggka@wbip.com; jneason@wcp.twc.com; scott.c.turkington@williams.com
Subject: Latest Version of Segmentation Brief

Attached is the latest version of the Segmentation Brief.  You should note
that it contains three new sections-III A (drafted by Mark Cook) and III C &
D (drafted by Ken Driver).  I received some comments on the prior versions of
these new sections, but did not incorporate them.  If your comments/concerns
are not addressed in the new sections, let me know.

We hope to circulate tomorrow the title page and signature block.  The next
version of the brief which will be circulated on Friday, March 30th, will
contain table of contents, table of authorities and will be completely cite
checked.  In the meantime, you will notice that there are several incomplete
cites or record references.  We could use help completing these, if you have
the information.

Monica R. Douglas
Legal Assistant
Van Ness Feldman, P.C.
1050 Thomas Jefferson St., N.W.
Washington, D.C.  20007
(202) 298-1862

 - VANDOC_99103_1.DOC


Context of today's data request (2 articles):

US FERC To Compile Data On Calif DWR Power Contracts

04/13/2001
Dow Jones Energy Service
(Copyright (c) 2001, Dow Jones & Company, Inc.)

WASHINGTON -(Dow Jones)- The U.S. Federal Energy Regulatory Commission issued
an order late Thursday requiring 49 electricity providers to file information
regarding contracts they have entered into with the California Department of
Water Resources.
The information, due by the close of business Monday, is being compiled on
behalf of the House Government Reform Committee, which held hearings in
California this week as part of its oversight investigation into the state's
electricity-supply crisis.
Rep. Dan Burton, R-Ind., the committee's chairman, requested the information
from FERC to determine whether the commission's order Dec. 15 designed to
move the state away from reliance on volatile spot markets for power supplies
and into lower-cost long-term contracts has been effective.
The state water department has been purchasing power for months on behalf of
the state's two financially troubled utilities, spending more than $4 billion
at a rate of $50 million daily.
Edison International unit Southern California Edison (EIX) and PG&E Corp.
unit Pacific Gas & Electric Co. have amassed more than $13 billion in
liabilities, because state-regulated retail rates don't allow them to pass
through high-cost wholesale power purchases.
PG&E filed for Chapter 11 bankruptcy protection on behalf of its utility unit
a week ago. Monday, Edison entered into an agreement to sell the state its
transmission lines in a bid to restore financial solvency.
FERC's order Thursday requests information from 49 power suppliers on both
short- and long-term contracts they may have entered into with the department
since Dec. 15. FERC said it will treat the information as confidential,
unless the supplier states otherwise.
One Democratic official in Washington suggested the House panel is engaged in
a partisan "bashing" effort targeting California Gov. Gray Davis, who has
widely been touted as a presidential prospect for the 2004 election.
Davis spokesman Steven Maviglio supported the official's assessment.
"What a shock! Dan Burton is at it again," Maviglio said facetiously of
Burton, who derived a reputation as a partisan foe of former U.S. President
Bill Clinton with his many investigations into Clinton and his
administration.
"The bottom line is they're aiding and abetting the generators," Maviglio
said of Burton's committee.
The governor's spokesman also questioned whether the information FERC amasses
under seal of confidentiality will remain private once turned over to the
committee.
The committee's offices were closed Friday, so no response was immediately
available.
-By Bryan Lee, Dow Jones Newswires, 202-862-6647, bryan.lee@dowjones.com

..............................................................................
.......................................................
?

Congressional Committee Members Question California Utility Officials
Michelle Guido

04/12/2001
KRTBN Knight-Ridder Tribune Business News: San Jose Mercury News - California
Copyright (C) 2001 KRTBN Knight Ridder Tribune Business News; Source: World
Reporter (TM)

Officials from California's two major utilities and two of its smaller power
generators were in the hot seat in San Jose on Wednesday, fielding questions
from federal lawmakers about their role in the state's power crisis.
On Day 2 of a three-day swing through California, three Republican members of
a U.S. House subcommittee on energy policy and three local Democratic
representatives heard testimony from utility officials and from the chairman
of the Federal Energy Regulatory Commission.
The energy crisis is expected to bring rolling blackouts to California
through the summer months and energy officials warned on Wednesday that the
high prices consumers face here undoubtedly will spill over into neighboring
states if FERC doesn't cap prices now.
But FERC Chairman Curt L. Hebert Jr. reiterated what he said Tuesday at a
western energy summit in Boise: He does not support price caps on electricity
-- in California or any of the western states.
"The energy is going to go where the caps are not, and nine out of 11 western
state governors have said they don't want price caps in their states," Hebert
said. "A cap sends us in the wrong direction."
Instead, he said, by May 1, FERC will unveil a plan to monitor energy prices
and in some cases, might mitigate the price of energy sold on California's
more expensive spot markets. He wouldn't elaborate, but made it clear those
adjustments would not include price caps.
Government Reform Committee Chairman Dan Burton of Indiana opened the hearing
by saying the committee's mission was not to "point fingers."
"We wanted to see if there were ways the federal government and the state
government could work together to get past this crisis."
At one point early in the hearing, demonstrators attempted to address the
lawmakers. They were ushered out of the room by security personnel.
Burton was joined by Republican representatives Doug Ose of Woodland and
Steve Horn of Lakewood. Also participating in the hearings were Democratic
representatives Zoe Lofgren and Michael Honda of San Jose and Barbara Lee of
Oakland.
The Democrats pushed strongly for FERC to consider price caps.
"We need to gain control of this out-of-control market and gain control of
the price gouging," Lofgren said.
Honda concurred: "We believe that FERC has a responsibility and they've even
said that rates are unjust and unreasonable. We need short-term caps."
It was clear that Burton doesn't believe that price caps are the answer. In
fact, on several occasions, he suggested that capping energy prices might
result in even more blackouts as summer approaches.
Lee suggested that some people believe the only way out of the crisis is some
form of re-regulation. But Dede Hapner, vice president of regulatory
relations for PG&E, said she wasn't sure that was the answer.
"We still think a correctly structured market could work. It's certainly
working in other states," Hapner said. "In retrospect, the way the
deregulation market was structured was designed to fail."
Today the hearings move to San Diego, where members will hear from
representatives of generators that have been accused of overcharging
California, including Reliant Energy, Sempra Energy and Williams Energy
Services.

..............................................................................
.......................................................

Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.


Fred

First of all I'm going to kill you.  Belfor asked me to advise him on his
portfolio.  I'll do it once.  I have a call with him on Tuesday at 2:00.  Can
you meet me Tuesday morning with all the deals they have with us.

Regards

John

P.S.  I'll never call one of your customers again.


Kay - Can I get these documents from you to forward to Peoples or are there
other concerns?

Thanks,

Gregg
---------------------- Forwarded by Gregg Penman/Corp/Enron on 09/22/2000
03:07 PM ---------------------------

Stephanie Panus
09/22/2000 02:57 PM
To: Gregg Penman/Corp/Enron@Enron
cc:
Subject: ISDA Forms

Gregg -

I have provided Kay Mann with forms for the Schedule to the ISDA Master
Agreement and Paragraph 13 to the Credit Support Annex for both US
corporations and municipalities.

Stephanie


Please remove my name from this list.

Thanks

Jim Sanders


550480 has been changed to Merrill per Sean Crandall

550383 and 550385 - I'm still waiting to hear from Mike Driscoll on these -
I'll let you know.

Thanks,
Kate

Evelyn Metoyer@ENRON
03/20/2001 10:53 AM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: 3/14

Hi Kate, Stephanie Checkout with Prebon because I was out last week and I am
still trying to clear up some deals from the 14th.   The west checkout person
at Prebon is on vacation and his back-up is just now getting back with me on
these discrepancies.

Matt Motley
deal 550383
Prebon says cp should be Neveda Power.,..........we have Sierra Pacific

Matt Motley
deal 550385
Prebon says cp should be Neveda Power.......we have Sierra Pacific

Sean Crandall
deal 550480
Prebon says cp should be Merrill Lynch......we have Morgan Stanley


-----Original Message-----
From: Cisneros, Maria
Sent: Wednesday, February 06, 2002 8:50 AM
To: Paschal, Zelda; Thompson, Debra; Culwell, Christi; Schroeder, Maggie
Subject: FW: FW: How to tell which cat ate your Prozac !!!

Too cute...

--------- Inline attachment follows ---------

From:  <SGarcia@lockeliddell.com>
To: Belinda (E-mail) <BGON111@aol.com>, Cuca Sanchez (E-mail) <ruth_sanchez@deanfoods.com>, David Fierro (E-mail) <fierrod@nmfiber.com>, Delicia (E-mail) <dmontes@andrews-kurth.com>, Heather (E-mail) <mchdhope@msn.com>, Janice (E-mail) <gravesj@tklaw.com>, Juanita (E-mail) <JMandy@lawsnakard.com>, Loretta (E-mail) <lpalguta@prmc.com>, MaryMo (E-mail) <littleone007@hotmail.com>, Rhonda (E-mail) <rgarcia@landam.com>, Sandra Durazo (E-mail) <sdurazo@amresco.com>, SHaron Ward (E-mail) <shward@compucom.com>, Tawana (E-mail) <tawana@tcvp.com>, Vera (E-mail) <veralucero@msn.com>
Date: Tuesday, February 5, 2002 3:43:09 GMT
Subject:


Tana-

Further to my e-mail below, I note that the EOL US weather GTCs (where ENA is
the counterparty) will  require modification for use with Japanese
counterparties.  Presently, Brent Hendry is reviewing the draft EOL Japanese
weather GTCs, which have been developed to utilize Enron Japan Corp. as the
counterparty.

Cheers,

John
----- Forwarded by John Viverito/Corp/Enron on 08/24/2000 01:36 AM -----

	John Viverito
	08/24/2000 01:31 AM

		 To: Tana Jones/HOU/ECT@ECT
		 cc: David Minns/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT@ECT, Mark
Taylor/HOU/ECT@ECT, Alan Aronowitz/HOU/ECT@ECT, Susan
Musch/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 Subject: Re: Japanese & Australian Products

Tana-

For weather derivatives conducted by Enron North America with counterparties
in Japan:

1.  There is a "relatively low risk" (quoting Baker & McKenzie) that such
transactions will be considered gambling in Japan.  However, such risk is
deemed to be even lower, when utilizing an offshore entity.  The risk has
been determined to be sufficiently low to utilize Enron Japan Corp. as the
Enron entity engaging in these transactions, therefore utilizing ENA should
also be acceptable.

2.  I note, there will be foreign exchange reporting requirements for the
Japanese counterparty to the transaction, both at the time the transaction is
entered into and each time a payment is made (or netted).  There are no
Japanese reporting requirements applicable to Enron North America.  Further,
a default by the Japanese counterparty in compliance with its reporting
requirements will not effect the enforceability of the transaction.

3.  I have copied Susan Musch on this correspondence, to obtain her input
from the tax perspective.

Please let me know if you need anything further.

Cheers,

John

	Tana Jones@ECT
	08/23/2000 03:15 PM

		 To: David Minns/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, John
Viverito/Corp/Enron@Enron
		 cc: Mark Taylor/HOU/ECT@ECT
		 Subject: Japanese & Australian Products

You both may already by aware of this, but the online team has contacted me
and it is their desire to have the Japanese & Australian products also
offered out of the U.S. by Enron North America.  They would continue to be
offered by their current companies, "Enron Australia" and "EnronJapan", but
they want the products sold "24 hours a day" and I guess to do this they
would be offered also by Enron North America.  Do you see any legal issues
from your side with a your Japanese or Australia products being offered by
Enron North America too?


While I'm gone,

Call Chuck Goligoski to receive pricing each day for the PGE delivered losses.  509-688-6057
Chuck will be flexible to whatever else you need as well
Enter the price in the trading log each day

A fax will be coming from Sempra Energy Trading for a transaction that I did for July.  Please get it off the fax machine on Thursday and ask Kenton to initial it after you verify
50MW Peak Mid C July $29.25/Mwh for $608,400
Fax to Ed Baughman whose Office Phone is 713-853-6351 and fax is 713-646-3059

Call Ed Baughman @ 713-853-6351 with any issues

Call Paul Choi at AEP with any other immediate needs 503-552-6181

Leave me a voice message if any problems pop up or try my cell number below.

Mo Elafandi
Enron North America
121 SW Salmon, 3WTC0407
Portland, OR 97204
503-464-5106
Fax 503-464-7376
Cellular 503-860-8564


Daren,

Yates Energy has revised their nom for 7/00 at meter # 6598 from 2,939 to
3,096?

Bob


Mark,

We are pricing a deal where we have to quote bankruptcy protection on the
following names. Please reply if we can quote prices and do a trade on the
following names.

American Electric Power
Delmarva
GPU
MEGA
Reliant Energy
PSEG
Southern Co
Statoil
Williams
PGET
Virgina Power
PECO
Aquila
Constellation Energy
PP&L
Coral Energy
Carolina Power and Light
Cinergy
Dynegy
Avista
Entergy
Tracterbel

Thanks and Best Regards
Moazzam


Attached are the month to date flow volumes.


Who has been looking after our interest in the CA PUC competition intiatives
for Socal/SDG&E and PG&E? I am looking for a good summary of where we are to
date (cliff notes!).

Please advise.

Regards,

Stephanie


Any ideas on who to talk to regarding a possible summer internship?

Scott
---------------------- Forwarded by Scott Neal/HOU/ECT on 11/12/2000 07:56 PM
---------------------------

"Christopher Graeter" <cag9783@labs.tamu.edu> on 10/19/2000 02:55:41 PM
To: <scott.neal@enron.com>
cc:
Subject: Internship

Scott-
 Hey there, this is Chris Graeter.  I wanted to check with you to see about
getting in touch with the person in charge of internships.  I am sure he or
she is busy, but in the mean time I was not sure if you or the person who
would be contacting me had my email address.  It is cgraeter@tamu.edu.  I
know that sometimes it is easier to get in touch with someone by email so I
wanted to make sure you had this information.  Thank you again for all your
assistance.  I hope to talk to you soon.

Sincerely,
Chris Graeter


Start Date: 1/17/02; HourAhead hour: 11;  HourAhead schedule download failed. Manual intervention required.

    LOG MESSAGES:

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Alias: dbCaps97Data
Error: dbCaps97Data: Cannot perform this operation on a closed database


FYI
----- Forwarded by Mark E Haedicke/HOU/ECT on 06/26/2000 05:16 PM -----

	Travis McCullough
	06/23/2000 06:03 PM

		 To: shodgson@velaw.com
		 cc: Mark E Haedicke/HOU/ECT@ECT
		 Subject: MG plc

Steve:

Attached is a series of press releases by MG Plc regarding their metals
website, the first of which was launched on or about October 4, 1999.

I also have a message in to the attorneys at Enron that worked closely on the
acquisition, but one of our commercial people understands the site to be an
on-line brokerage system (like E*Trade) -- the press release on the launch of
the system (at the bottom of this message) indicates that the site is an LME
trading and execution system.  I'll forward over any other information I can
find.

USA: Metal exchanges hold firm as Web trading blooms.

06/22/2000
Reuters English News Service
(C) Reuters Limited 2000.

NEW YORK, June 22 (Reuters) - The world's two largest metal exchanges said
they will retain their roles despite the rapid expansion in Internet trading
and as another major metal dealer announced the launch of an online trading
system on Thursday.
The London Metal Exchange (LME) is carefully planning its introduction of
electronic trading in the second-half of this year and refuses to be
"spooked" by those "urging action, any action, as long as it is now,"
Jonathan Haslam, LME director of corporate affairs, told a conference in New
York.
His comments were echoed by Patrick Thompson, president of the New York
Mercantile Exchange (NYMEX), who said it would be very difficult for the new
online trading systems to bring together those elements that underpinned the
success of the traditional exchanges.
Thompson told the Metal Bulletin E-Commerce 2000 conference that said these
elements included the handling of counterparty credit risk, the clearing of
trades and the existing pools of liquidity provided by the different segments
of the metals market which use the exchanges.
Haslam compared the LME's trading turnover averaging $8 billion a day with
the around $1.5 billion a day traded online by U.S. energy giant Enron Corp.
.
Enron's expansion in the e-commerce market was earlier referred to by Thomas
Pimpinelli, senior vice president of MG London Inc. part of U.K.-based metals
trading group MG Plc . In May, MG agreed to a 300 pence per share cash offer
from Enron.
Pimpinelli said MG's own MITS online metals trading system, launched in
October 1999, has to date processed over 135,000 contracts with an overall
value of $5.25 billion.
He told the meeting that between 65 percent to 80 percent of MG's order flow,
mostly from small metals clients, was now done over the Internet.
Pimpinelli said the success of its "Market Maker" real-time trading facility
within MITS for tonnages of up to a 1,000 tonnes, had encouraged the company
to create a new product for the Managed Futures industry called "CTA Trader."
The product will differ from Market Maker in that the customer can trade
larger volumes, request a volume quote on-line, and then have the facility to
book the resulting live on-line quote.
"Once executed the customers will need to breakdown or allocate the
transaction to his individual or multiple pre-approved clearing houses by way
of a dropdown menu," he said. Pimpinelli added that CTA Trader would be
launched in the next month or so.
Sharing a platform with Pimpinelli, Karl Hackert, head of e-commerce at U.S.
trader Koch Metals, announced the impending launch of his company's own
online metals trading system by the end of June. Koch metals is a unit of
Koch Industries Inc. .
Hackert said the issue of the LME's daily forward prices valuation at 5.30
p.m. in London, meant that the level of these quotes wasn't clear during the
rest of the trading day. Under the new Koch system prices will be updated
every five seconds and out to 27 months.
"Koch are the first to do this (offer near real-time forward prices) and it
is a big step forward in terms of market transparency," he said.
Hackert said Koch had built its system to better communicate with its clients
and it did not intend to go into direct competition with the LME.
"Making a generic mass system? I don't think that's the business we're in,"
he said.
((Steve Hays, New York Commodity desk, 212 8591640)).

..............................................................................
.......................................................
?

UK: UPDATE 2-MG to widen access to online metals trade.
By Andy Blamey

06/13/2000
Reuters English News Service
(C) Reuters Limited 2000.

LONDON, June 13 (Reuters) - U.K.-based metals trading group MG plc said on
Tuesday it would broaden access to its online metals trading systems as the
battle for web pre-eminence comes to the boil.
MG, one of the world's leading metals traders, said it would allow London
Metal Exchance clearing members to use the system, which had been restricted
to clients, with immediate effect.
The move comes in response to strong demand for access to the system, an MG
spokesman said. MG has so far signed up 14 Category One (ring dealing) and
Category Two (associate broker clearing) members of the LME.
"We have decided to broaden the availability of Market Maker following the
rapid increase in volumes and substantial uptake by both existing and new
clients," said Michael Hutchinson, CEO of MG's Financial Services Division in
a statement.
"We are confident that we have an online product which will meet demand from
other clearing members of the LME."
The wider access to MG's system need not necessarily pose a threat to other
online marketplaces, said Gavin Gross, head of LME metals at brokerage
Spectron Futures Ltd. Spectron plans to launch online systems to trade London
Metal Exchange contracts later this month.
"They're very different models. MG is a principal in the market, so you're
looking at MG prices only. Spectron is neutral, we're just providing a
platform. It's a multilateral system with lots of dealers interacting with
each other," Gross said.
"The two can exist side by side," he added.
Over 80 percent of MG's clients are now using its online services, the
company said. Market Maker turnover stood at 3,000 contracts in May - a
growth rate of approximately 50 percent per month since the launch in January
of this year.
Online deals still make up a low proportion of MG's total trading turnover,
however.
MG's MITS system launched in October 1999 and has now processed over 95,000
contracts with a dollar value in excess of $3.8 billion and a monthly
turnover in excess of $1 billion.
"We are using it (MITS) for the one or two lot small stop orders that you
previously missed and had the customer ringing up asking if we had done his
trade," said one user of an MG system at an ABCM.
However, it would appear that MG is now limiting the size of the orders it
will accept on MITS from its non-customers, he said.
Metals e-commerce sites are proliferating, but they follow no single business
model. There are portals run by single principals quoting their own prices;
intranets where big market players are cooperating; different rules for
access; and a wide variation in revenue models, the key to profitability.
The company announced in March it had joined Internet Capital Group and
Safeguard International Fund to form the EMETRA joint venture, in which MG
has a 25 percent stake.
EMETRA is building a worldwide business-to-business (B2B) e-commerce
marketplace for the non-ferrous metals markets, including physical trading a
futures and options contracts.
MG contributed its Internet systems to EMETRA and continues to use MITS and
Market Maker under a licence agreement with EMETRA.
In May, MG agreed a 300 pence per share cash offer from U.S. energy and
communications group Enron, a major player in the e-commerce market through
Enron Online, which trades around 840 products in some 13 countries in 11
currencies.

..............................................................................
.......................................................
?

US Enron Bid For MG May Signal End Of LME Outcry Trading
By Adam Aljewicz

05/23/2000
Dow Jones International News
(Copyright (c) 2000, Dow Jones & Company, Inc.)

LONDON -(Dow Jones)- Enron's (ENE) offer to buy London Metal Exchange ring
dealing firm MG PLC (U.MGA) could bring the exchange one step closer to
ending open outcry trading, dealers say.
Both the U.S.-based energy and communications group, and MG have pioneered
electronic trading and are widely seen as being among the only participants
on the LME trading floor capable of making the transition to on-screen
trading. The LME, meanwhile, is also seeking to introduce on-screen
technology for out-of-ring trading sessions.
"We're not surprised in the least to see this tie-up take place," an analyst
at Deutsche Bank told Dow Jones Newswires. "Everything we see now is pointing
toward the removal of the ring-dealing sessions, and it's just a matter of
time before it ends all together," she said.
MG's chairman Tom McKeever said the company won't abandon its position as an
LME ring dealing member, but market watchers doubt whether - after 123 years
- open outcry can survive on the LME as fast-paced technological change
sweeps through the industry.
Enron has made a GBP300 million cash offer for London-based MG in a bid to
gain a foothold in the $120 billion-a-year world metal market. The U.S.
company already has a substantial market share in natural gas and electricity
markets, and with its electronic trading platform, Enron On Line, it has
already executed more than 110,000 transactions valued at over $45 billion
since its launch in November.
"It's not surprising to see a strategic link up between an energy and metals
company because they're both very big in industrial commodities," said an
analyst for a U.S.-based commission house. "I think it's almost inevitable
that open outcry trading will be a thing of the past," he said.
Enron's move into the metals market has also been linked to the LME's growing
interest in initiating an automated trading system, and has lead some market
watchers to suggest that the Enron-MG tie-up will lead to greater
consolidation among LME members.
Metals trading companies and brokerage firms are struggling to survive as
profits wane amid the growth of banks and funds in the metals trading arena.
"Out of the 13 ring dealing firms on the LME, I think only six will be able
to make the transition to on-screen trading," said a dealer for a
London-based bank. "And that's only because we have a banking background," he
said.
The six cited are MG, the metals trading arm of the Bank of Nova Scotia,
U.S.-based brokerage Refco Inc., Credit Lyonnais Rouse, Barclays Capital and
Fimat Metals.
The LME's existing system involves the trading of eight metals within its
circular trading floor. Around 35% of the LME's trading takes place there,
but this figure could drop if the LME decides to abandon open outcry, traders
say. "Market participants will have to decide whether to use the ring
or go through the Internet," said a dealer. "That's how it will start
and will probably lead to the trading floor being bypassed
altogether."

MG, which was spun off from Germany's Metallgesellschaft last September, has
pioneered the use of metals trading on the Internet with the launch in
October of MITS and MARKET MAKER, its Internet trading system.
MG is the second-largest physical merchant of copper, nickel and aluminum in
Europe after Switzerland's Glencore.
"When profit margins are narrowing and so many LME companies are looking more
and more uncertain about their future, MG (is) arguably the pick of the crop
in terms of stability and profitably," said a dealer for a North
American-owned ring dealing firm. LME Considers Screen Trading

Separately, the LME has considered a series of moves that would also hasten
the demise of open outcry trading.
It has repeatedly said it is looking to develop an electronic screen-trading
system for use in out of ring trading sessions, and that it plans to press
ahead with changes to its ownership structure by demutualizing in favor of
becoming a shareholder entity.
"We've made very clear that there are proposals for consequential changes to
the LME's governance," said Jonathan Haslam, director of corporate affairs at
the LME.
The LME set up an eight-member committee in February which comprised four
ring dealing members and four associate broker members to map out a strategy
for the implementation of new technology.
However, it has so far declined to comment on how this technology will be
executed, although Haslam has said the LME is looking at around 20 companies
with the requisite knowledge and background to provide and implement the
on-screen technology.
"We said we would look into setting up an interoffice screen trading system
but we have yet to come to a decision on who our technical partner will be,"
he said. "But we should come to a decision in a couple of weeks."
-By Adam Aljewicz; 44-20-7842-9353; adam.aljewicz@dowjones.com -0- 23/05/00
12-56G

..............................................................................
.......................................................
?

Financial Post
MG exceeds $1B Internet trade target
Martin Hayes
Reuters

04/05/2000
National Post
National
!@SERIES=
C14
(c) Copyright 2000 Financial Post from National Post (formerly The Financial
Post Company). All rights reserved.

LONDON - International metals trader MG PLC said yesterday that business on
its six-month old Internet trading systems had comfortably exceeded its
transaction value target of $1-billion (all figures in U.S. dollars).
"We are at $1.5-billion as of this morning. We are are very pleased with the
progress and the rate of growth," said Tom McKeever, MG chairman.
He noted that online trading in metals is seen growing rapidly, according to
a recent study by Anderson Consulting. Just 2% to 3% of business in the
non-ferrous industry is currently conducted online, while in three to five
years it will be 40% to 60%, he said.
Since the launch in October, volumes on MG's internet systems, known as MITS
and MARKET MAKER, have increased by 50% a month and cumulatively exceed
30,000 contracts now.
MG said it had also gained customers as its systems are the only ones that
currently offer online trading. "When we launched the system, we had requests
from many new customers to register. We registered quite a few new customers.
It is beyond our expectations," Mr. McKeever added.
The increase in on-line business on MITS has been seen round the clock as
customers have become increasingly comfortable with the system.
"We were the first to start the system. It has been late coming to the metals
business, but we think it is good for the industry," he said.
Last month, MG announced it had joined Internet Capital Group and Safeguard
International Fund to form an eMetra joint venture in which it has a 25%
stake.

..............................................................................
.......................................................
?

MG PLC - Trading Update

04/04/2000
Regulatory News Service
Copyright (C) 2000 Regulatory News Service; Source: World Reporter (TM)

MG INTERNET TRADING UPDATE
MG announces that in the first six months of trading on its Internet systems,
MITS and MARKET MAKER, it has surpassed its target of US $1 billion in value
of transactions. The volume of transactions has been increasing by 50% a
month since October and cumulatively exceeds 30,000 contracts.
The trading systems have attracted new customers as well as MG's existing
customers because it is the only system currently available that offers them
an on-line LME trading and execution service.
The launch of MITS was announced in October 1999 by MG. In February, MG
announced that it had joined with Internet Capital Group and Safeguard
International Fund to form the eMetra joint venture, in which MG has a 25%
stake. eMetra is in the process of establishing a worldwide
business-to-business (B2B) e-commerce marketplace for the non-ferrous metals
markets, including physical trading and the trading of futures and options
contracts. MG contributed its Internet systems to eMetra and continues to use
MITS and MARKET MAKER under a licence agreement with eMetra. Once eMetra is
fully operational later this year, MG will become a user of eMetra's
platform.
Michael Hutchinson, Joint Chief Executive of MG plc, said: "We are delighted
that so many customers to date have transferred their business on to the
Internet - we see this trend as increasing significantly in the coming
months. It is proving attractive to new customers and enables us to give our
existing customers a more efficient service."
For further information:
Michael Hutchinson, Joint Chief Executive MG plc Tel: 0171 488 2244
Nick Denton/James Longfield Hogarth Partnership Tel: 0171 357 9477

..............................................................................
.......................................................
?

City: MG plans to launch metals website
James Ashton

02/11/2000
The Daily Telegraph
Copyright (C) 2000 The Daily Telegraph; Source: World Reporter (TM)

MG, the international metals trader, yesterday unveiled plans to develop an
internet marketplace for trading non-ferrous metals, in direct competition
with the London Metals Exchange (LME).
The joint venture with the Internet Capital Group (ICG) and private equity
fund Safeguard International will establish a worldwide business-to-business
e-commerce platform for non-ferrous metals. This will include physical
trading and the trading of options and futures contracts.
MG shares soared 140 1/2 to 337 1/2 p.
"We didn't go into this venture intending to put anyone out of business,"
said chairman Thomas McKeever.
He added that the as-yet-unnamed new venture would attract new clients,
particularly small and medium-sized companies who regard conventional LME
trade as too costly and complex.
He said he also hoped to open up the derivatives market to smaller players.
"When you develop a global marketplace you attract, presumably, most industry
participants," he added.
Safeguard and Nasdaq-listed ICG, which already has stakes in more than 50
companies offering online trading in sectors such as industrial chemicals,
plastics and cattle, have invested a total of $25 million in the venture,
taking 30 and 45pc stakes respectively.
MG, the world's largest copper merchant, will hold an initial 25pc, with an
option to increase that to 50pc within eight months. The company, which
floated last September at 205p, after being spun off from German engineering
group Metallgesellschaft, will continue to operate its internet trading
system Mits for existing customers. It began live internet dealing of
aluminium and copper in January.

..............................................................................
.......................................................
?

MG expects MITS to be a hit.
CHRISTIAN KOHL

10/14/1999
American Metal Market
8
Copyright 1999 Information Access Company. All rights reserved. COPYRIGHT
1999 Cahners Publishing Company

DUSSELDORF -- Only one week after London Metal Exchange trader
Metallgesellschaft Ltd. launched its web site system that allows trade
execution services on the Internet, it is optimistic that the concept will be
a hit.
"It's been quite extraordinary," said Alex Health, MG's director of
e-commerce systems. "We've had something like 300 reactions so far from both
existing customer companies as well as new ones logging on." He said that the
non-customers entering MG'S site (www.mgltd.co.uk) ranged from large groups
MG had wanted to make contact with for a longtime to small companies that
Heath said he'd never heard of.

"Of course, it's LME Week now, so we are busy with socializing and making
contacts there before we can reply to the requests we've received," Heath
said. He noted that LME Week was one important factor in launching the
Metallgesellschaft Internet Trading System (MITS) in time to display it at
Broker's House by Tuesday evening. MG Plc's recent floatation also provided a
major motivation for the project to raise MG's profile, he said:
Heath said that MITS has not had an immediate effect on trading volumes
beyond the regular market, activity, but 70. customers so far had used the
facility for deals. He added that MITS might soon contribute to MG's customer
base, but it would take some time for new parties attracted to the site to be
registered as regular customers.
At the beginning of LME Week, few LME trading companies were prepared to
comment on MITS and its possible effect on metals trading. MG's presentations
at the LME event were aimed at providing a clearer picture. "I'd be extremely
disappointed if the idea didn't spread as the Internet will inevitably be a
big factor in trading," Heath said. He noted that MG put itself under
pressure by moving before some other company with a similar
project-in-the-making could enter the scene.
"Speed is a definite factor in the Internet, and we can claim to be leading
into the new millennium in this regard," he said, adding that MG received
many "flattering comments" from brokers.
Peter Sellars of Barclays Bank Plc conceded that "certainly they got there
before anybody else" but added that "they won't have very much of a lead
time." He said that the Internet was going to be the way of the future and
that Barclays was making similar preparations, but so far offered a web site
order trading system only for non-metallic futures. He noted, however, that
web site trading would not satisfy all requirements. "It's great for the
small bread-and-butter stuff, but for long-term contracts it's gonna be
tricky, isn't it," Sellars said.
A spokesman at Triland Metals Ltd., another LME member, questioned whether MG
was really embracing technology or vice versa. "It could be a gimmick for
customers, and it doesn't really mean they're successful with enlarging their
customer base," he said. He noted that people were always interested in
coming close but weren't necessarily keen on taking the final step. He said
that Triland had no immediate plans for a similar service and that it was
confining its web site plans to statistics and other basic information. "They
jumped the gun to a certain extent, but we'll have to see if it's successful
or not."

..............................................................................
.......................................................
?

European & Emerging Markets
MG Launches First Internet Metals Trade Service
A Wall Street Journal Europe Roundup

10/05/1999
The Wall Street Journal Europe
16
(Copyright (c) 1999, Dow Jones & Company, Inc.)

LONDON -- MG PLC has launched the first Internet-based metals futures trading
system.
MG, which went public on the London Stock Exchange in September, offers a
full trading and execution service on the London Metals Exchange.
The system, which is called MITS, will be supported by a real-time price
screen for all the metals traded on the LME and includes a multi-currency
facility. The LME trades copper, aluminium, lead, zinc, nickel, tin, silver
and aluminium alloy.
In addition, customers can listen to a direct voice commentary from the floor
of the LME during trading sessions.
Technical analysis and market research on all LME metals is available and
regularly updated. Customers can also access their position and valuation
statements over a secure encrypted link to the firm's computer system.
MITS can only be accessed by registered customers of Metallgesellsc haft
Limited, MG's LME brokerage and trading arm.
"It is a customer service and it is live now to our registered customers,"
said Michael Hutchinson, MG's joint chief executive.
MG's customers will also be able to listen to a direct-voice commentary from
the floor of the LME during trading sessions. They will also be able to
access their position and valuation statements over a secure encrypted link
to MG's computer system, MG said.
The LME is the world's largest non-ferrous metals market with 14 ring-dealing
members who participate in the twice-daily important open-outcry sessions.
The LME settlement prices for metals which are realized in the official
morning trading sessions are the benchmark reference prices for most of the
world's physical contracts.
Outside the open-outcry sessions, LME business takes place over a 24-hour
period via an inter-office telephone market.
"We are always interested in any new uses of technology. We will watch this
with interest," an LME spokeswoman said.
MG said it intended to develop its website to eventually include real-time
physical metal prices and premiums.
MG's system is the latest in a series of Internet commodity trading systems.

..............................................................................
.......................................................
?

MG PLC - Re Internet Trading System

10/04/1999
Regulatory News Service
Copyright (C) 1999 Regulatory News Service; Source: World Reporter (TM)

Introduction of the first Internet LME trading system
MG plc, the international metals trading business which floated on the London
Stock Exchange in September 1999, today announces the launch of the world's
first Internet based metals futures trading system, offering a full LME
trading and execution service. The new site can be accessed at
www.mgltd.co.uk and is designed to make dealing more efficient and more
readily accessible to customers of Metallgesellschaft Limited, MG plc's LME
brokerage and trading arm.
The system, which is called MITS, will be supported by a real time price
screen for all the metals traded on the LME and includes a multi-currency
facility. In addition customers can listen to a direct voice commentary from
the floor of the LME during trading sessions. Technical analysis and market
research on all LME metals is available and regularly updated. Customers can
also access their position and valuation statements over a secure encrypted
link to the firm's computer system.
MITS can only be accessed by registered customers of Metallgesellschaft
Limited. Prospective customers can view a demonstration programme at the
website. The system will complement the company's traditional brokerage
activities.
Michael Hutchinson, Joint Chief Executive of MG plc, said today:
"The development of MITS will make our business more efficient and make
dealing for customers more accessible and cost-effective. Being the first LME
broker to provide a comprehensive E-commerce system should further improve
our competitive advantage, enabling us to reach all of our brokerage
customers with timely and accurate information."
MG plc intends to develop a site for its merchanting business, providing
real-time physical metal prices, premiums and other related information.
For further information:
Michael Hutchinson, Joint Chief Executive MG plc Tel: 0171 488 2244
Nick Denton/James Longfield Hogarth Partnership Tel: 0171 357 9477
Background on MG plc
MG plc is a leading independent international metals trading business
providing services to the global metals industry. The group is organised into
two operating divisions: Merchanting and Financial Services. The Merchanting
division is buys, sells, stores, ships and trades non-ferrous metals as a
principal with producers and consumers. It is the world's leading copper
merchant, one of the top three merchants of copper concentrates and nickel
and a leading European merchant of recycled metal. The Financial Services
division is a leading metals broker and market-maker. It is a leading LME
member and operates one of the leading LME metals warehousing businesses. MG
is headquartered in London, and employs 320 people in 14 countries around the
world. It was listed on the London Stock Exchange in September 1999 and has a
current market capitalisation of some #175 million.

..............................................................................
.......................................................

Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.

Travis McCullough
Enron North America Corp.
1400 Smith Street EB 3817
Houston Texas 77002
Phone:  (713) 853-1575
Fax: (713) 646-3490


I spoke w/ Williams yesterday, he is sending the signed confirms back today.

Debra Perlingiere
Enron North America Corp.
Legal Department
1400 Smith Street, EB 3885
Houston, Texas 77002
dperlin@enron.com
Phone 713-853-7658
Fax  713-646-3490


Before Matt left he deposited a confidentiality agreement on my  desk which dates back to August 6,  2001.  Jaime has it now.  What do you want me to do with it?  Sign it?


please read your email.  sent it about 3 hours ago?

	Susan J Mara
	04/04/2001 02:16 PM

		 To: Alan Comnes/PDX/ECT@ECT, Angela Schwarz/HOU/EES@EES, Beverly
Aden/HOU/EES@EES, Bill Votaw/HOU/EES@EES, Brenda Barreda/HOU/EES@EES, Carol
Moffett/HOU/EES@EES, Cathy Corbin/HOU/EES@EES, Chris H Foster/HOU/ECT@ECT,
Christina Liscano/HOU/EES@EES, Christopher F Calger/PDX/ECT@ECT, Craig H
Sutter/HOU/EES@EES, Dan Leff/HOU/EES@EES, Debora Whitehead/HOU/EES@EES,
Dennis Benevides/HOU/EES@EES, Don Black/HOU/EES@EES, Douglas
Huth/HOU/EES@EES, Edward Sacks/Corp/Enron@ENRON, Eric Melvin/HOU/EES@EES,
Erika Dupre/HOU/EES@EES, Evan Hughes/HOU/EES@EES, Fran Deltoro/HOU/EES@EES,
Gayle W Muench/HOU/EES@EES, Ginger Dernehl/NA/Enron@ENRON, Gordon
Savage/HOU/EES@EES, Harold G Buchanan/HOU/EES@EES, Harry
Kingerski/NA/Enron@ENRON, Iris Waser/HOU/EES@EES, James D
Steffes/NA/Enron@ENRON, James W Lewis/HOU/EES@EES, James Wright/Western
Region/The Bentley Company@Exchange, Jeff Messina/HOU/EES@EES, Jeremy
Blachman/HOU/EES@EES, Jess Hewitt/HOU/EES@EES, Joe Hartsoe/Corp/Enron@ENRON,
Karen Denne/Corp/Enron@ENRON, Kathy Bass/HOU/EES@EES, Kathy
Dodgen/HOU/EES@EES, Ken Gustafson/HOU/EES@EES, Kevin Hughes/HOU/EES@EES,
Leasa Lopez/HOU/EES@EES, Leticia Botello/HOU/EES@EES, Mark S
Muller/HOU/EES@EES, Marsha Suggs/HOU/EES@EES, Marty Sunde/HOU/EES@EES,
Meredith M Eggleston/HOU/EES@EES, Michael Etringer/HOU/ECT@ECT, Michael
Mann/HOU/EES@EES, Michelle D Cisneros/HOU/ECT@ECT, mpalmer@enron.com, Neil
Bresnan/HOU/EES@EES, Neil Hong/HOU/EES@EES, Paul Kaufman/PDX/ECT@ECT, Richard
L Zdunkewicz/HOU/EES@EES, Richard Leibert/HOU/EES@EES, Richard
Shapiro/NA/Enron@ENRON, Rita Hennessy/NA/Enron@ENRON, Robert
Badeer/HOU/ECT@ECT, Rosalinda Tijerina/HOU/EES@EES, Sandra
McCubbin/NA/Enron@ENRON, Sarah Novosel/Corp/Enron@ENRON, Scott
Gahn/HOU/EES@EES, Scott Stoness/HOU/EES@EES, Sharon Dick/HOU/EES@EES,
skean@enron.com, Susan J Mara/NA/Enron@ENRON, Tanya Leslie/HOU/EES@EES, Tasha
Lair/HOU/EES@EES, Ted Murphy/HOU/ECT@ECT, Terri Greenlee/NA/Enron@ENRON, Tim
Belden/HOU/ECT@ECT, Tony Spruiell/HOU/EES@EES, Vicki Sharp/HOU/EES@EES,
Vladimir Gorny/HOU/ECT@ECT, Wanda Curry/HOU/EES@EES, William S
Bradford/HOU/ECT@ECT, Jubran Whalan/HOU/EES@EES, triley@enron.com, Richard B
Sanders/HOU/ECT@ECT, Robert C Williams/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
dwatkiss@bracepatt.com, rcarroll@bracepatt.com, Donna
Fulton/Corp/Enron@ENRON, gfergus@brobeck.com, Bruno Gaillard/EU/Enron@Enron,
Linda Robertson/NA/Enron@ENRON, Ren, Lazure/Western Region/The Bentley
Company@Exchange, Michael Tribolet/Corp/Enron@Enron, Phillip K
Allen/HOU/ECT@ECT, Christian Yoder/HOU/ECT@ECT, jklauber@llgm.com, Tamara
Johnson/HOU/EES@EES, Mary Hain/HOU/ECT@ECT, Greg Wolfe/HOU/ECT@ECT, Jeff
Dasovich/NA/Enron@Enron, Dirk vanUlden/Western Region/The Bentley
Company@Exchange, Steve Walker/SFO/EES@EES, James Wright/Western Region/The
Bentley Company@Exchange, Mike D Smith/HOU/EES@EES, Richard
Shapiro/NA/Enron@Enron, Leslie Lawner/NA/Enron@Enron, Robert
Neustaedter/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Steve Walton/HOU/ECT@ECT,
psmith3@enron.com, mjackso7@enron.com, Janel Guerrero/Corp/Enron@Enron, Mark
Fillinger/SF/ECT@ECT, Jennifer Rudolph/HOU/EES@EES, Martin
Wenzel/SFO/HOU/EES@EES, wgang@enron.com, Joseph Alamo/NA/Enron@Enron, Tracy
Ngo/PDX/ECT@ECT, Ray Alvarez/NA/Enron@ENRON, Steve C Hall/PDX/ECT@ECT, David
Leboe/HOU/ECT@ECT, Jay Zoellner/Western Region/The Bentley Company@Exchange,
Fatimata Liamidi/HOU/EES@EES
		 cc:
		 Subject: Dan Walters: Politicians seek shelter as energy Armageddon looms

This person is an influential political columnist in Sacramento.  Perhaps
this column is the reason we're seeing a flurry of activity today -- hearings
-- actions on an "omnibus" bill that has not been released to the public, etc.

http://www.capitolalert.com/news/capalert05_20010404.html

Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854


John:

Per my voice mail. you need to insure that the right people in London keep me
updated on execution and delivery of the appropriate service agreements to
permit the U.K. arranger to act for both ENA and ECT Investments, Inc.

Also, you need to advise me of new platforms you are seeking as well as
CONTACT NAMES and PHONE/FAX numbers.  In that regard,

(1)  What is Autex?  You have never mentioned this one to me.
(2)  I am contacting Instinet but will need the agency agreement which was
requested earlier.
(3)  I am reviewing ITGL/ITG Europe.  (NOTE that Posit in the U.S. has no
written arrangement with us)

Thanks.  Sara

	John Greene
	10/05/2000 08:03 AM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc: Mahesh Lakhani/LON/ECT@ECT, Gary Hickerson/HOU/ECT@ECT, Sheila
Glover/HOU/ECT@ECT, Laurel Adams/HOU/ECT@ECT
		 Subject: Re: vacation

Sara,

According to Mahesh, the London equity trading agent entity (Enron Investment
Services, "EIS") has been established.  Therefore, once the agency agreement
language between EIS and ECT Investments has been finalized we should be able
to begin trading in London.  Instinet, Autex and ITG/Posit are all very
important to our process and, where necessary, we need to get agreements
between EIS and the vendors executed as soon as possible.  Who will be our
contact in Legal regarding all of these agreements in your absence?

Thanks and regards,
John

From: Sara Shackleton on 10/04/2000 06:32 PM
To: Gary Hickerson/HOU/ECT@ECT, Sheila Glover/HOU/ECT@ECT, Laurel
Adams/HOU/ECT@ECT, Jorge A Garcia/NA/Enron@Enron, Clint
Freeland/Corp/Enron@Enron, Jeff Nogid/HOU/ECT@ECT, Larry Joe
Hunter/HOU/ECT@ECT, William S Bradford/HOU/ECT@ECT, Tanya
Rohauer/HOU/ECT@ECT, Edward Sacks/Corp/Enron@Enron, John Greene/LON/ECT@ECT,
Scott Sefton/HOU/ECT@ECT, Ryan Siurek/Corp/Enron@ENRON, William
Stuart/HOU/ECT@ECT, Melissa Ann Murphy/HOU/ECT@ECT, Gordon
McKillop/NA/Enron@ENRON, Julia H Chin/NA/Enron@Enron, Ellen
Su/Corp/Enron@Enron
cc:

Subject: vacation

I will be on vacation from October 6- 13.  Also, the ENA lawyers will be
offsite October 5 and 6.
Should you need assistance during my absence, please contact my assistant
Kaye Ellis at Ext. 35968 who will direct you to a lawyer.
Thanks.  Sara


thanks chris.

Chris Germany
11/26/2000 03:05 PM
To: Scott Neal/HOU/ECT@ECT, Fred Lagrasta/HOU/ECT@ECT
cc:
Subject: Year End 2000 Performance Feedback

OK.  I finnaly finished all my reviews.  I focused on the commercial support
people first and just did all the commercail folks today.  Sorry about that.
I was on vacation when most of these came to me to review.

---------------------- Forwarded by Chris Germany/HOU/ECT on 11/26/2000 03:03
PM ---------------------------

"perfmgmt@enron.com"<perfmgmt on 11/17/2000 09:07:32 PM
To: chris.germany@enron.com
cc:
Subject: Year End 2000 Performance Feedback

NOTE:  YOU WILL RECEIVE THIS MESSAGE EACH TIME YOU ARE SELECTED AS A REVIEWER.

You have been selected to participate in the Year End 2000 Performance
Management process by providing meaningful feedback on specific employee(s).
Your feedback plays an important role in the process, and your participation
is critical to the success of Enron's Performance Management goals.

To complete requests for feedback, access PEP at http://pep.corp.enron.com
and select Perform Review under Performance Review Services.  You may begin
providing feedback immediately and are requested to have all feedback forms
completed by Friday, November 17, 2000.

If you have any questions regarding PEP or your responsibility in the
process, please contact the PEP Help Desk at:

Houston: 1.713.853.4777, Option 4
London:  44.207.783.4040, Option 4
Email: perfmgmt@enron.com

Thank you for your participation in this important process.

The following is a CUMULATIVE list of employee feedback requests with a
status of "OPEN."   Once you have submitted or declined an employee's request
for feedback, their name will no longer appear on this list.

Review Group: ENRON
Feedback Due Date: Nov 17, 2000

Employee Name                   Supervisor Name                 Date Selected
-------------                   ---------------                 -------------
BARBE, ROBIN S                  SCOTT M NEAL                    Nov 12, 2000
FLETCHER, BRENDA H              WILLIAM A KELLY                 Oct 30, 2000
FRASER, KATE B                  SCOTT M NEAL                    Nov 12, 2000
GARCIA, CLARISSA                VICTOR LAMADRID                 Nov 06, 2000
GOODELL, SCOTT E                SCOTT M NEAL                    Nov 01, 2000
HENDRICKSON, SCOTT E            SCOTT M NEAL                    Nov 03, 2000
HYDE, CRYSTAL                   WILLIAM A KELLY                 Nov 07, 2000
JENKINS II, RICHARD L           SCOTT M NEAL                    Nov 12, 2000
MITCHELL, MEREDITH L            VICTOR LAMADRID                 Nov 15, 2000
PANDYA, BHAVNA N                COLLEEN SULLIVAN-SHAKLOVITZ     Oct 30, 2000
PERKINS, ALICIA J               ROBERT S GAHN                   Nov 02, 2000
SENIGAL, MCKENZIE J             JOHN D ARNOLD                   Nov 14, 2000
SEVERSON, RUSS M                SCOTT R MILLS                   Nov 06, 2000
SINGER, JOHN M                  FRED D LAGRASTA                 Oct 25, 2000
TOWNSEND, JUDITH G              SCOTT M NEAL                    Nov 12, 2000
ZEMAN, ANGIE                    VICTOR LAMADRID                 Nov 06, 2000


I will attend.
Larry May
x6731


Chris,

Please take a look at the attached language and forward it to Stacey for her comments.

Thanks,

Kevin

Chris Walker
03/27/2001 12:07 PM
To:	Stacy E Dickson/HOU/ECT@ECT
cc:	Kevin Ruscitti/HOU/ECT@ECT
Subject:	Secondary firm delivery

Stacy,

Kevin Ruscitti has requested a secondary firm ANR ML7 phy gas product for EOL.  I have located some language that you and Dale worked on back in May of 2000.  Please let me know if this language will be OK for our needs.  Also, will the current GTC for Phy gas need to be revised in any way?

Thanks,

CW
3-7533

A US Gas Transaction with Enron North America Corp., under which Seller shall sell and Buyer shall purchase a quantity of natural gas equal to the Daily Contract Quantity at the Contract Price on a secondary firm basis. The Contract Price shall be as submitted by Counterparty via the Website.  The Period of Delivery shall be from the Effective Date through the Termination Date.
The term of the Transaction shall correspond to the date(s) set forth in the Product description on the Website.
The transaction is for delivery at the ANR Pipeline Company ML7 interconnect.  The volumes scheduled to be delivered are subject to reductions due to normal operational constraints on the ANR  Pipeline Company pipelines based upon historical operating conditions.  The reductions caused by these constraints are excused nonperformance and are not considered a failure to receive or deliver firm gas.  In the event that the volumes scheduled are reduced due to such normal operational constraints, Buyer may designate a secondary firm delivery location.
The price is quoted in US Dollars per unit of volume, which will be the Contractual Currency.
The unit of measure against which the price is quoted shall be millions of British thermal units and the quantity shown shall be in millions of BTUs per day.


I still need to understand why we are at the 4.45% and what we can do in the future if anything to control it.   Can someone help me with this?

Thanks

 -----Original Message-----
From: 	Fancler, Dan
Sent:	Wednesday, November 07, 2001 3:36 PM
To:	Weller, Steve; Stage, Michael G.; Geaccone, Tracy; Lev, Jennifer
Cc:	Cobb Jr., John; Chandler, Bob
Subject:	EPPI GPM Oneok agreement

I have attached a summary and schedules which indicate the following.

EPPI owes Oneok/GPM $339,158.69
Oneok owes NNG	$  92,774.99
Net amount due is	$246,383.70  Per Dan Fancler

Oneok invoices total $301,383.96.  Oneok has not recognized that some months they paid under the 4.45% and owe NNG.
 << File: GPM 101021  101073 Recalculation.xls >> Oneok is pushing hard for the money, so I am turning over the resolution of the differences to NNG marketing and the resolution of the cash payment to Tracy Geaccone and/or Jennifer Lev.


Attachment provides a compilation of Enron's policy treatment and considerations in granting employees a leave of absence for military or emergency duty.  After leadership's validation, HR Risk Management would propose distributing this policy guidance to all US domestic HR Generalists.   Thank you for your review and comments.  Regards, Rj.


I understand.  Thanks for the update.


Jennifer,

Can I get a contact from you for a representative at Hewlett-Packard.  I am
needing to get in a 15" and an 18" LCD monitor to compare to other brands for
the trading floors in the new building.

Thank you.

Regards,
Darin Lee Carlisle
Supply Analyst - Global Strategic Sourcing
Enron
713-345-6133 - Office
713-646-6313


PLEASE READ THIS IMPORTANT INFORMATION CONCERNING THE ENRON STOCK FUND IN THE ENRON CORP. SAVINGS AND ESOP PLANS

On Friday, January 11, trading of Enron stock was suspended on the New York Stock Exchange (NYSE).  All Savings and ESOP Plan transactions, including 401(k) payroll contributions,  involving this fund were placed in a pending status until trading resumed.

As announced by Enron's Office of the Chair on Wednesday, January 16, Enron stock would now be traded Over The Counter (OTC).  Upon receiving this information, work began immediately to develop a process that allows for OTC trades in the plans.

On Thursday, January 17, Enron initiated a process to facilitate OTC trades of Enron stock inside the 401(k) and ESOP and all pending transactions were processed using Thursday's closing price.

Now that trading has resumed, we urge you to review your investment elections to ensure that they are consistent with your investment goals.

As things change, we will continue to update you.

Enron Benefits Department


Hello again!

For those of you who are unavailable this afternoon, please send Amy a quick e-mail about your thoughts on Rusty (basically: YES or NO, with any feedback). All others are welcome to send Amy an e-mail as well; if you would prefer to meet with her in person, I will hold the 2pm reservation in Mt. Hood.

Please let me know if you have any questions.

Thanks,
Grace
x8321

 -----Original Message-----
From: 	Rodriguez, Grace
Sent:	Wednesday, May 02, 2001 8:25 AM
To:	Richter, Jeff; O'Neil, Murray P.; Williams III, Bill; Perry, Todd; Foster, Chris H.; Wente, Laura
Cc:	Rodriguez, Grace; Fitzpatrick, Amy
Subject:	Follow-up meeting (re: Rusty Mills)

Hello all!

Amy would like to meet with all of you sometime this afternoon to get the general consensus about Rusty Mills. Are you all available around 2:00pm to chat briefly with Amy (Mt. Hood)? Please let me know!

Thanks,
Grace
x8321


Steve,

Per your request, I've attached a summary of credit exposure with PG&E as of
close of business on February 28th. We are investigating an increase in our
overall position as a result of basis movement in the west over the past few
days.

Please feel free to give me a call at 35856 if I can provide futher
information.


The Enron Building in Houston will be closed for the rest of the day.  The offices in New York and Washington, D.C. have also been closed, and all employees have been accounted for.  We're asking all Houston-based employees not involved in critical operations to go home to be with their families.  We have every reason to believe the Enron Building is safe and secure.  Each Enron location has the discretion to determine what is in the best interest of their employees.  We know of no Enron employee or facility affected by today's tragic events.  Let's keep all the victims of these tragedies in our thoughts and prayers.

If you have information that you believe may be relevant to this matter, please email john.brindle@enron.com <mailto:john.brindle@enron.com>.  For updates, view http://www.enron.com/corp/usbombingcrisisupdate.


Our mid year PRC meeting will be held Monday, June 19, at the Doubletree's
Grainger "B" room.   Please plan to be there to start the meeting at 8:00 AM,
with a continental breakfast available starting at 7:30.  We will take the
time necessary to do a good job, but will also try to be time efficient.
Patti has lunch and snacks ordered, so I would hope to be finished sometime
in the afternoon.

I am broadening the Energy Operations PRC committee beyond my direct reports
to also include all directors in the organization.

I look forward to everyone's participation and will be sending out more
information later.  Included below are the attendees for the meeting.

		PRC Attendees
Energy Operations	HR 	Outside
Kristin Albrecht	Sheila Walton	Wes Colwell - Business Analysis & Reporting
Scott Earnest	Norma Villarreal	David Oxley - Human Resources
Sheila Glover	Hector McLoughlin	Jim Bouillion - Global Risk Markets (Insurance)
Todd Hall	Toni Graham	Brad Blesie - Global Risk Markets (Origination)
Susan Harrison	Janet De La Paz (to run computer)
Peggy Hedstrom
Brenda Herod
Steve Jackson
Scott Mills
Mike Moscoso
Eugenio Perez
Brent Price
Leslie Reeves
Stephen Schwarz
James Scribner
Mary Solmonson
Bob Superty
Sheri Thomas
Steve Venturatos


The paralegal lunch was well, lets just say ok.  Yes work is busy busy especially with all the goings on around here.  Cowboy has called but I was not at home. I hope you are feeling better each day.  Give me a call.

dp

-----Original Message-----
From: Fitzgerald, Genia
Sent: Friday, October 26, 2001 12:03 PM
To: Perlingiere, Debra
Subject:
Importance: High

Hi,

How are you doing?  How was the Paralegal lunch?  After getting sick on Mexican food, there would have been now way I could have eaten it.  What do you have planned for the weekend, I hear the weather is going to be great.  Any news from the cowboy?  Is work still as busy?

gg


Remarketing.


I would think so.

Cordially,
Mary Cook
Enron North America Corp.
1400 Smith, 38th Floor, Legal
Houston, Texas   77002-7361
(713) 345-7732 (phone)
(713) 646-3490 (fax)
mary.cook@enron.com

	Tana Jones
	06/01/2001 02:30 PM

		 To: Mary Cook/HOU/ECT@ECT
		 cc:
		 Subject: (01-184) Reminder on Use of Money Market Funds as Original Margin
Deposits on the NYMEX Division

Does this apply to us too?
----- Forwarded by Tana Jones/HOU/ECT on 06/01/2001 02:30 PM -----

	exchangeinfo@nymex.com
	05/31/2001 11:30 AM

		 To: tana.jones@enron.com
		 cc:
		 Subject: (01-184) Reminder on Use of Money Market Funds as Original Margin
Deposits on the NYMEX Division

Notice # 01-184
May 31, 2001

TO:
All NYMEX Division Members and Member Firms

FROM:
Neal L. Wolkoff, Executive Vice President

RE:
Reminder on Use of Money Market Funds as Original Margin Deposits on the
NYMEX Division

DATE:
May 31, 2001
===========================================================
This Notice is a reminder regarding certain rule changes and related policy
guidelines that will go into effect on June 1, 2001 for the NYMEX Division.
The rule changes going into effect on June 1, 2001 on the NYMEX Division
allow shares of certain money market mutual funds to be acceptable for
purposes of original margin deposits.

Corresponding rule changes for the COMEX Division  have also been approved by
the NYMEX Board of Directors and filed with the CFTC; the changes for the
COMEX Division will be implemented at a later date.

 Rule Amendments
The amendments generally require that in order to be used for such purpose, a
money market fund must be approved by the NYMEX Board and also must comply
with CFTC Regulation o 1.25.  For purposes of original margin, the Exchange,s
Clearing House will value such money market fund shares at 95% of their
market value.  In addition, a Clearing Member,s participation in any approved
fund or any group of approved funds offered by the same issuer shall be
limited to the greater of $250,000 or 25% of the Clearing Member,s total
original margin obligations. Finally, no more than 25% of the total assets of
an approved money market mutual fund may be used to meet original margin
obligations at the Exchange.

Exchange Policy on Money Market Funds
The NYMEX Board of Directors also recently adopted three additional
guidelines that will be applicable to such funds. First, until further notice
from the Exchange, the Board has determined to limit the number of money
market funds available for this purpose to ten. Second, the Board will
require that henceforth each fund applying for such status must have a
minimum value of $5 billion.  Finally, each fund further must provide for
same day payment if notification is made by 3:00 p.m. on that day.

If you have any questions concerning this change, please contact Bernard
Purta, Senior Vice President, Regulatory Affairs and Operations, at (212)
299- 2380; Arthur McCoy, Vice President, Financial Surveillance Section,
NYMEX Compliance Department, at (212) 299-2928; or Joseph Sanguedolce,
Director, Financial Surveillance Section, NYMEX Compliance Department, at
(212) 299-2855.

AMENDMENTS TO NYMEX RULE 9.05 (&MARGINS8)

(Asterisks indicate additions; brackets indicate deletions.)

Rule 9.05. MARGINS

* * * *
(E) Clearing Members may meet original margin calls by depositing:

*(4) Shares in a money market mutual fund that complies with CFTC Regulation
o1.25 and that has been approved by the Board, subject to the following
conditions:

(i) for purposes of original margin, such shares will be valued at 95% of
market value;
(ii) a Clearing Member,s participation in any approved fund or any group of
approved funds offered by the same issuer shall be limited to the greater of
$250,000 or 25% of the Clearing Member,s total original margin obligations;
(iii) no more than 25% of the total assets of an approved money market mutual
fund may be used to meet original margin obligations at the Exchange.*

[Shares of Brown Brothers Harriman & Co. Common Settlement Fund, valued at
95% of market value.]

__________________________________________________
Please click on the link below to indicate you have received this
email.

"
http://208.206.41.61/email/email_log.cfm?useremail=tana.jones@enron.com&refdoc
=(01-184)"

Note: If you click on the above line and nothing happens, please copy
the text between the quotes, open your internet browser,
paste it into the web site address and press Return.


Start Date: 4/20/01; HourAhead hour: 13;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042013.txt


-----Original Message-----
From: 	"LYNN RICHARDSON" <LERICHRD@wapa.gov>@ENRON [mailto:IMCEANOTES-+22LYNN+20RICHARDSON+22+20+3CLERICHRD+40wapa+2Egov+3E+40ENRON@ENRON.com]
Sent:	Monday, June 18, 2001 3:25 PM
To:	Bruce.McIver@BCHydro.bc.ca; Lisa.Will@BCHydro.bc.ca; Navjote.Jagpal@BCHydro.bc.ca; ddelzer@bepc.com; thylden@bepc.com; david_toole@cargill.com; jeffrey_cravens@cargill.com; mark_myers@cargill.com; hgreen@csu.org; skoch@csu.org; philtice@deseretgt.com; fwright@digisys.net; Cherie.L.Steigerwald@dynegy.com; Clemons, Amy; Semperger, Cara; Robinson, Donald; Runswick, Stacy; shultsjw@er.oge.com; rfrancis@idacorpenergy.com; jshadie@idahopower.com; kgillis@idahopower.com; panderson@idahopower.com; tmilam@idahopower.com; TTaylor@idahopower.com; biggst@lac.losalamos.nm.us; Chambellan@lac.losalamos.nm.us; gregg.oetting@mirant.com; ted.bauman@mirant.com; paul.smallwood@ncepower.com; cLangston@NMPPENERGY.org; cstanley@NMPPENERGY.org; dbreithaupt@NMPPENERGY.org; jwoita@NMPPENERGY.org; kgaden@NMPPENERGY.org; lhartgrave@NMPPENERGY.org; dpettinger@oppd.com; transprov@oppd.com; aivars.saukants@pacificorp.com; david.cory@pacificorp.com; dick.dowdy@pacificorp.com; lori.wisbeck@pacificorp.com; Theresa.Andres@pacificorp.com; jthomas@pnm.com; dean.luciuk@powerex.com; malcolm.stewart@powerex.com; marzena.piotrowicz@powerex.com; michelle.hiley@powerex.com; 24hourdesk@powersrc.com; dmpetritz@pplmt.com; jswilliamson@pplmt.com; btomsky@rmgci.com; kamurdoc@srpnet.com; provo.slynsky@state.ut.us; bhorton@tnsk.com; csamson@tnsk.com; slong@tnsk.com; ariella_weis@transalta.com; clint_korchinski@transalta.com; jade_ward@transalta.com; john_esiaw@transalta.com; Karen_Pelley@transalta.com; keith_I_taylor@transalta.com; marzena_plotrowica@transalta.com; meghana_bhat@transalta.com; Murray_Hnatyshyn@transalta.com; wayne_young@transalta.com; mikthe@tristategt.org; shasch@tristategt.org; terry@uamps.com; cevans@utilicorp.com; cherry.smith@williams.com; cyndy.mielke@williams.com; james.donaldson@willliams.com; cliff.barker@xemkt.com
Subject:	Loss Tag Reminder

Transmission Customers:

The Western Area Colorado Missouri control area (WACM) has just implemented a new scheduling package and thought this would be a good time to offer a reminder about how loss energy tags for delivery to WACM are to be completed.

1.  Please ensure that "WACM" is the last PSE on the tag.  This is important as it provides proper credit to the Transmission Customer for losses delivered.
2.  In the 'Comments' field, please put the words "WACM Losses".  If the tags are for a real-time transaction from the previous week, please indicate the date; i.e., "WACM Losses for MM/DD/YY".
3.  Prescheduled transactions require a concurrent tagging of loss energy to WACM.
4.  Real-time transactions require a return of loss energy to be accomplished same day, next week, same profile.
5.  It is allowable to combine losses due in any day/week/month/season on a single tag if that is easier for you to do so.  WACM calculates the amount of loss energy due from a Transmission Customer per day based on prescheduled transaction losses due on Day 0, plus real-time transaction losses due from day -7.

We are working with WACM Operations staff to see if, with the new scheduling software implemented, we will be able to accept real-time transaction loss energy concurrent with the real-time transaction.  If we are able to effect that change, it will be posted on OASIS and we will get an e-mail off to you immediately.

In the meantime, if you have any questions, please give me a call or send an e-mail.

Lynn Richardson
Public Utilities Specialist
RMR
(970) 461-7440


This will confirm the conference call scheduled for today (April 24) from
1:30 to 2:00 p.m. CDT to discuss the FCE Negative CTC.  The call-in numbers
are below:

Domestic: 800-991-9019
International: 847-619-8039
Pass Code: 6686278

Please call me at (713) 345-6355 if you have any problems placing this call.
Thank you.


Jeff,

Do you have time to sit down this afternoon or tomorrow morning to go over
this issue?

Dawn

Jeffrey C Gossett
03/14/2001 07:17 AM
To: Dawn C Kenne/HOU/ECT@ECT, Torrey Moorer/HOU/ECT@ECT
cc: Errol McLaughlin/Corp/Enron@ENRON

Subject: Re: EOL Broker Clean Up

Torrey/Dawn -

Do you guys really think this is a reasonable reqeust.  Looks like there are
in excess of 1500 deals.  If you guys need this field covered,  we need to
come up with a better process than manually changing deals in TAGG.  Let me
know how you would like to handle this or if we need to discuss further.  We
will be happy to assist you any way we can,  short of manually going into
1500 deals.

Thanks

Dawn C Kenne
03/13/2001 05:13 PM
To: Jeffrey C Gossett/HOU/ECT@ECT
cc: Tara Sweitzer/HOU/ECT@ECT, Torrey Moorer/HOU/ECT@ECT
Subject: EOL Broker Clean Up

Jeff,

I am attaching a list of EOL transactions that we need your help "cleaning
up".  With the new Broker-Client application that EOL is bringing on this
weekend, we need to remove EOL from the broker field.  What we have run into
is:  there are many deals in Tagg that have EOL in the broker field but no
EOL number.  We are requesting that risk go through and add the EOL deal
number to the tagg legs where there is none listed.  The reason for this is
that if we remove EOL from the broker field and there is no EOL deal number
reference, then there is no way to no if that deal is an EOL deal.  For audit
purposes, no one could tie back to the deals.

Please give this list to the appropriate risk groups (by index).  Let me know
if you have any further questions.  ALSO, this list is in addition to the
list that I provided Errol yesterday.

Thank you,
Dawn


----- Forwarded by Steven J Kean/NA/Enron on 02/28/2001 02:54 PM -----

	MBD <MDay@GMSSR.com>
	02/15/2001 01:20 PM

		 To: Alan.Comnes@enron.com, Chris.H.Foster@enron.com,
Christian.Yoder@enron.com, Christopher.F.Calger@enron.com,
Cynthia.Sandherr@enron.com, dleff@enron.com, David.W.Delainey@enron.com,
dbenevid@enron.com, dblack@enron.com, Elizabeth.Sager@enron.com,
etilney@enron.com, Eric.Thode@enron.com, gsavage@enron.com,
Greg.Wolfe@enron.com, Jeff.Dasovich@enron.com, Jeffrey.T.Hodge@enron.com,
JKLAUBER@LLGM.COM, Joe.Hartsoe@enron.com, John.J.Lavorato@enron.com,
John.Neslage@enron.com, jwhalan@enron.com, Kathryn.Corbally@enron.com,
Keith.Holst@enron.com, Kristin.Walsh@enron.com, Leslie.Lawner@enron.com,
Linda.Robertson@enron.com, Marcia.A.Linton@enron.com,
Margaret.Carson@enron.com, Mark.Palmer@enron.com, msunde@enron.com,
Mary.Hain@enron.com, Mary.Schoen@enron.com, MBD <MDay@GMSSR.com>,
Michael.Tribolet@enron.com, msmith1@enron.com, Mike.Grigsby@enron.com,
nbresnan@enron.com, Paul.Kaufman@enron.com, Phillip.K.Allen@enron.com,
Rebecca.W.Cantrell@enron.com, Richard.B.Sanders@enron.com,
Richard.Shapiro@enron.com, Rob.Bradley@enron.com, Robert.Badeer@enron.com,
Robert.C.Williams@enron.com, Robert.Frank@enron.com,
Robert.Johnston@enron.com, Sandra.McCubbin@enron.com, sstoness@enron.com,
Shelley.Corman@enron.com, Steve.C.Hall@enron.com, Steve.Walton@enron.com,
Steven.J.Kean@enron.com, Susan.J.Mara@enron.com, Tim.Belden@enron.com,
Tom.Briggs@enron.com, Travis.McCullough@enron.com, Vance.Meyer@enron.com,
vsharp@enron.com, William.S.Bradford@enron.com, "'Harry.Kingerski@enron.com'"
<Harry.Kingerski@enron.com>, James.D.Steffes@enron.com
		 cc: BTC <BCragg@GMSSR.com>, JMB <JBennett@GMSSR.com>, "'Scott Govenar, Enron
lobbyist'" <sgovenar@govadv.com>
		 Subject: Enron legislative package

Here are 4 of the five legislative proposals our office has been asked to
draft.  The only one missing is no. 4, the expedited generation siting
proposal, which will have to be worked on more as we have just received
extensive comments from ENA and outside counsel (McCutchen).  By separate
cover, I will send Jeff Dasovich the summary letter desribing the proposals.
If changes are required, please contact Brian Cragg of our office.
(bcragg@gmssr.com)

Thank you.

Mike Day

 <<PART5.DOC>>  <<PART3.DOC>>  <<PART2.DOC>>  <<PART1.DOC>>

 - PART5.DOC
 - PART3.DOC
 - PART2.DOC
 - PART1.DOC


"Robb, Kathy" <KRobb@hunton.com> writes to the NYISO_TECH_EXCHANGE Discussion
List:

> Howard Fromer, chair of the ICAP Working Group, has scheduled the
> following ICAPWG meetings for January and February 2001:
>
> Thursday, January 11, 2001
> Wednesday, January 24, 2001
> Thursday, February 8, 2001
> Thursday, February 22, 2001
>
> All meetings are 9:30am to 4pm in Albany. Locations and dial-in numbers
> will be announced prior to each meeting.
>
> At the January 11 meeting, we will discuss and finalize the draft Stage 1A
> ICAP Manual, which will be circulated by December 22, 2000 and begin
> discussions on the draft Stage II ICAP Manual. Agendas for the subsequent
> meetings will be announced in January.
>
> Many thanks.
Kathy Robb
Hunton&Williams
212.309.1128
krobb@hunton.com


I will be out of the office from Thursday, October 25 through Friday, October 26.  I will try to respond to your e-mail when I return on Monday.  Thank you.


HI SANDY! I WILL NEED TO TAKE TUESDAY, 1-4-2000 OFF. MY HUSBAND IS HAVING
SURGERGY ON THAT DAY. IF YOU COULD PLEASE PUT IT ON THE JANUARY CALENDER.
THANK YOU!   JUDY HERNANDEZ


Tim Davies has requested that I contact you regarding Soma Ghosh's PRC mid
year review.

You will recall that you were asked to do a review for Soma and to date this
is still outstanding. I would be grateful if you could do this at some stage
today as our review meeting will be held tomorrow.

Thank you for your assistance

Claire Dunnett
37462


Linda & Sharon,

My primary job responsibility is to online trading, and right now EnronOnline
is quite a beast of a customer.  Because of that I please ask that you direct
any future questions you may have with respect to confirmations to our two
paralegals who handle the day to day trading, Susan Bailey at x34737 and
Stephanie Panus at x53249.

With respect to the two current Canadian confirmations, Sara Shackleton, an
attorney in our Group, is working with Credit to resolve the questions on the
Slater Steel and Casco credit worksheets.


Per our conversation, attached is the Authorized Trader List.  Can you have
Gary review it Monday when he gets back, as we are opening a new brokerage
account and we need to provide the list to the brokerage firm.


It appears that we did not cancel the second station service contract with
Monroe County.  This second contract was for construction power supply, and
is now used as an emergency source of power for hotel loads, etc.  Note that
it is not sufficient to start up the plant.  We spend approximately $9,000
per month in demand charges for this emergency hotel load capability;
however, the contract can be canceled by Caledonia Power I, LLC with 90 days'
prior written notice.

Bottom line:  Both contracts belong on DealBench.  Both contracts are still
in force.  Next time we talk with the bidders, I will describe this
capability.

Don, for labeling purposes on DealBench, the one labeled "Power Supply
Contract" is the 480V supply and is not sufficient for starting the plant;
the one labeled "Industrial Power Contract" is at 500kV, and is sufficient
for starting the plant.  I would label them "480V Power Supply Contract" and
"500kV Industrial Power Contract", respectively.

In addition, you can forward this e-mail on to potential bidders.

Mitch


Start Date: 4/20/01; HourAhead hour: 7;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042007.txt

Error retrieving HourAhead price data - process continuing...


Start Date: 4/19/01; HourAhead hour: 20;  No ancillary schedules awarded.
Variances detected.
Variances detected in SC Trades schedule.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041920.txt

---- SC Trades Schedule ----
$$$ Variance found in table tblInt_Interchange.
     Details: (Hour: 20 / Preferred: -144.00 / Final: -125.00)
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/19/01
  TRADING_SC: EPPS
  PNT_OF_INTRC: SP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 1
  DEAL_NO: 1

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 20 / Preferred:   0.51 / Final:   0.34)
  TRANS_TYPE: FINAL
  LOAD_ID: PGE1
  MKT_TYPE: 2
  TRANS_DATE: 4/19/01
  SC_ID: EPMI
$$$ Variance found in table tblLoads.
     Details: (Hour: 20 / Preferred:   5.65 / Final:   3.70)
  TRANS_TYPE: FINAL
  LOAD_ID: PGE2
  MKT_TYPE: 2
  TRANS_DATE: 4/19/01
  SC_ID: EPMI
$$$ Variance found in table tblLoads.
     Details: (Hour: 20 / Preferred:  51.56 / Final:  34.71)
  TRANS_TYPE: FINAL
  LOAD_ID: PGE3
  MKT_TYPE: 2
  TRANS_DATE: 4/19/01
  SC_ID: EPMI


Anita,

Please ask Lance and Martin.

Vince

Anita DuPont@ENRON
04/18/2001 11:54 AM
To:	Vince J Kaminski/HOU/ECT@ECT
cc:	Shirley Crenshaw/HOU/ECT@ECT
Subject:	Attendees at Risk Management Energy Power 2001 - Houston Conference

Rita Hennessy called me to find out what other attendees Research was sending besides Zimin Lu.  You and I discussed this about 2 weeks ago and I forgot to remind you to let me know the names of the other 2 staffers that you want to send.  Please let me know so I can get in touch with Rita and we can get the group discount.  Thanks.  Anita


Below are the current provisions Keeley and Hertzberg are wanting to pass
into legislation (when they return from recess).  Currently, they are not
sure if all of these amendments would be wrapped up into one bill or if they
would just amend bill SB78XX while introducing a new bill SB_XX.  Working
under the assumption that they would amend bill 78XX and introduce a new one,
the following issues are a reflection of their current positions.  If they
decide to introduce one new bill than the issues below would be included into
one piece of legislation.  Please remember, these issues are only their
current thoughts and are such to change.

SoCal Debt
SB _XX
? No provision for debt.
SB 78XX (amended)
? Approximately $2.9B through corporate bond financing supported by a
Dedicated Rate Component (DRC) over a period of time sufficient to pay the
bonds (10-15 years).  Final debt amount to be established by the PUC and the
State Auditor.

Core vs. Non-Core
SB _XX
? For purposes of paying the SoCal debt, creates a Core program for consumers
with a peak demand of less than ?Kw and Non-Core customers of ?Kw or more.
They would share in the cost of SoCal debt retirement: (1) all consumers
share pro rata for the first two years, (2) Non-Core pay 100% after two years.
SB 78XX(amended)
? No Provisions.

Transmission System Purchase
SB _XX and SB 78XX
? No purchase of transmission assets.

Conservation Easements
SB _XX
? No conservation easements.
SB 78XX(amended)
? Specific conservation easements and other land arrangements described in
bill for about 24,000 acres per the Governor's MOU.

Direct Access
SB _XX
? Removes regulatory constraints on a Direct Access program effective January
1, 2002 and permits customers to buy power if there is a net short after
SoCal native generation, bilateral contracts, and DWR contracts.  Residential
and small commercial customers may use direct access from renewable energy
sources.
SB 78XX(amended)
? No provisions for Direct Access.

Ratepayer Benefit Account
SB _XX
? Deposits in the account any refunds or net cash resulting from (a) any
refunds ordered by FERC or from litigation, and (b) any positive DWR Power
Fund revenues; all to be refunded to ratepayers through either bill credits
or rate reductions in proportion to the March, 2001 PUC rate increase.
SB 78XX(amended)
? Does not create a Ratepayer Benefit Account.

Electric Supplier Claims Settlement Trust
SB _XX and SB 78XX
? Does not create a Trust or trustee to negotiate reductions.

Renewable Energy
SB _XX
? Creates a Renewable Portfolio Standard (RPS) to achieve a target of 10% of
all new generating capacity additions through 2010 and overall 20% of
statewide total generating capacity by 2010.  Munis have been exempted from
the RPS.
SB 78XX(amended)
? No provisions for renewable energy.


You'll never believe it but I turned it on at 5:10 so I guess your interview
was over.  If you have a copy, please send me a copy and I'll pay you for it.
How's everything going?  Hope all is well.  Talk to you soon.

Kevin

-----Original Message-----
From: Richard Moller [mailto:Richard.J.Moller@marshmc.com]
Sent: Thursday, October 04, 2001 4:04 PM
To: Ruscitti, Kevin
Subject: Yo!

What's Happenin'?  Did you catch the interview on Fox?  The babe who
interviewed me was sooooooooo hot that all I could think of was how
good she must taste.


Hi Gerald,

I hope that things have gone well with your first set
of law clerks.  I was writing to confirm that I will
be starting work for you next Monday, July 2.  I have
been trying to contact the HR representative that I
spoke with initially, but she hasn't returned my
calls.  I just wanted to make sure that everything was
set for me to begin working.

I also wanted to let you know that I heard from the
HBA about the photograph you recommended me for.  I
wanted to thank you for remembering me.  I think that
will be a great opportunity for me.

If you need to contact me, my phone number is
713-523-4723
or my mobile is 281-814-9934.

Sincerely,

Alisha Mahabir

__________________________________________________
Do You Yahoo!?
Get personalized email addresses from Yahoo! Mail
http://personal.mail.yahoo.com/


I will review and get back to you by no later than tommorrow.

	Stephanie Miller@ENRON
	07/07/2000 01:30 PM

		 To: Gerald Nemec/HOU/ECT@ECT
		 cc:
		 Subject: Williston Basin PA

I asked Fannette to deliver a PA from WBI that needs to be executed and
returned by July 14.  Can you please review and add the standard "management
out" on our side.  I briefly reviewed and noticed that WBI has a couple of
unilateral "outs", but nothing for us.

Please advise.

Thanks

Stephanie


Gloria is already assigned to a desk for the week.

	Taffy Milligan
	10/24/2000 03:29 PM

		 To: Mark Taylor/HOU/ECT@ECT, Ann Elizabeth White/HOU/ECT@ECT, Tana
Jones/HOU/ECT@ECT, Susan Bailey/HOU/ECT@ECT, Kathleen Carnahan/NA/Enron@Enron
		 cc: Kaye Ellis/HOU/ECT@ECT, Brenda Whitehead/HOU/ECT@ECT, Janette
Elbertson/HOU/ECT@ECT
		 Subject: OUT OF THE OFFICE

I will need to leave at 4:30 pm on Wed and Thurs this week, 10/25 & 10/26.

I have a Dr. appt at 9:30 on Friday a.m.  I should be in by noon.

Brenda,

Can Gloria sit at my desk Friday morning?  I don't think a clerk will be
adequate coverage.  There's a good chance Ann Elizabeth will have some word
processing work to be done.

Taffy


Thanks for the info, Bob.  I will get you more details on the tournament in early November.  --Sally

 -----Original Message-----
From: 	Superty, Robert
Sent:	Friday, October  19, 2001 8:28 AM
To:	Beck, Sally
Cc:	Valdez, Christina
Subject:	FW: Names Needed for Golf Tournament

Sally here is the information for the Logistics foursome:

George Smith, Tel #  - 713-853-6993, Handicap - 20
Darren Farmer, Tel # - 713-853-6905, Handicap - 30
Charlie Muzzy, Tel # - 713-853-1520, Handicap - 25
Bob Superty, Tel # - 713-853-0957, Handicap - 36

 -----Original Message-----
From: 	Hall, Bob M
Sent:	Thursday, October 18, 2001 1:46 PM
To:	Superty, Robert; Gossett, Jeffrey C.
Subject:	FW: Names Needed for Golf Tournament

Can you please provide info to Sally.

thanks

bob

 -----Original Message-----
From: 	Beck, Sally
Sent:	Thursday, October 18, 2001 1:45 PM
To:	Sweeney, Kevin; Apollo, Beth; Hall, Bob M; Price, Brent A.
Cc:	Craig, Braedi; Carrizales, Blanca; Choate, Heather; Valdez, Christina
Subject:	Names Needed for Golf Tournament

RE:  Golf Tournament at Ravenaux Country Club, Monday, November 19th
        11:00 am Registration and Range Balls; 12:00 Noon Shotgun Start

Please send me the list players for each foursome, along with their handicaps and phone numbers by Friday this week?   Thanks.

Will provide more information for all players prior to tournament.

Foursomes

Beth Apollo (2):  EES and Global Services

Brent Price (1)

Kevin Sweeney (1)

Bob Hall (2):  Risk and Logistics

Chantelle:  Brent has given me names of players for his foursome - Brent, Scott Earnest; John Swinney and Frank Prejean.  Can you get handicaps and phone numbers (Enron) for me?  Thanks.


Wow! That's so exciting to see the words "clean checkout" associated with OUR
beloved brokers and traders. Thanks for your persistence with all of this - I
know it gets frustrating. Please let me know whenever I can help - I'm trying
to respond quickly to the e-mails coming from Houston confirms, but in the
interest of accuracy I'm also trying to be thorough. So feel free to give me
a nudge every once in awhile.

Thanks,
Kate

Evelyn Metoyer@ENRON
02/20/2001 02:41 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: 2/20 Checkout

Kate,

to cover my you know what.....this will be the new daily checkout for all of
my brokers.  I am sending this to ensure a quality checkout to minimize any
risks associated with our transactions.  Even if I don't have any errors I
will still send a summary everyday of my checkouts for the west deals.  We
have had several deals pop up from the brokers that we didn't know about and
did not verbal the day of the trade and this will serve as proof of the
previous days checkout.

Amerex West Checkout
No errors- Clean Checkout

Prebon West Checkout
No errors-Clean Checkout

Bloomberg Checkout
No errors-Clean Checkout

Thanks!!


Please review and comment on the attached


Just a reminder - timesheets need to be approved by 10:00 A.M. on Tuesday,
February 15.  This is necessary in order to meet the Payroll deadline of
exporting time to ETA (the Corporate payroll system), which is NOON on
Wednesday, February 16.  Any timesheets that are not approved by the 10:00
Tuesday deadline will automatically be approved by the Energy Operations
Timesheet Coordinator.

FYI - For the payroll period ending 1/31, there was only 1 timesheet
outstanding at the established deadline.  In the past, there have been as
many as 100 (which represents a little more than 25% of the Energy Operations
headcount).  Thanks for your help and support.  I know that the Assistants
all appreciate your help in meeting this deadline.

A lot of you may not be affected by Project Hurricane.  If you don't know
anything about it, then you probably aren't affected by it!  In any event, we
have set up 2 new E-work orders in the Org Database for Project Hurricane.
They are as follows:

E-HURR (should be used to capture all time spent on the ongoing support for
Project Hurricane)
E-HSET (should be used to capture all set-up costs)

Both of these work orders are set up and can be used for the 2/15 pay
period.  However, the following steps must be taken for your employees to use
the ATES system and code their time to these work orders:

MANAGERS - Identify employees within your RC that will need to charge time to
either or both of these work orders.  Please let your Assistants know who
these employees are.
ASSISTANTS - Based on the information you receive from your managers, you
must add 1 or both of the work orders to each employee's profile in the Org
Database so that they are able to charge time to the work order in ATES.
ASSISTANTS - For each Time Site you are responsible for, you must be sure to
add this information to ETA.  If you aren't sure how to handle this, please
contact Kim Perkins ASAP at x3-5304.

Thank you in advance for your cooperation in getting timesheets processed in
a timely manner.  Please be sure to share this information with your staff if
you haven't already done so.  If you have any questions on the timesheets or
the work orders, please contact me at x3-6343.

Lisa Cousino


Here is my summary of our second round summer interviews.  Top 3 candidates
below.

1. Craig -  Well rounded, Military background, excellent leadership
experience (aircraft carrier pilot), did not have a finance background, but
performed very well on Harry's analytical interview.  Very personable,
confident and sold himself well.  I think he is very interested in Enron and
would likely accept.

2. Victor - He was a strong candidate in my more subjective interview, but I
didn't think he was quite as strong as Ajay.  However he outperformed Ajay in
the analytical interview.  With that feedback from Harry I feel comfortable
placing Victor ahead of Ajay.  Also very interested in Enron.

3. Ajay -  Very polished, presented/sold himself very well, Excellent
understanding of Enron's business (did his homework),  Relative to others
based on my interview he ranked in the top 2, However did not perform as well
as others in the top 4-5 in the analytical interview.  For this reason I'd
push him back to number three.

Aside from these three there were two others that are worth discussing.

Casey Jones
Andrew Rosenberg

We Understand these two may have outstanding offers from firms that they are
very interested in.  I would not consider either of these two ahead of Craig,
but might place Casey ahead of Victor.  However I think Casey is least likely
to accept the offer.  My suggestion would be to make offers to Craig &
Victor, then consider a 3rd offer to Andrew, recognizing we would likely get
a maximum of 2/3.

Lee Jackson


We plan to have a conference call at 2pm Sunday to discuss progress.  We want to reallocate dollars which have been returned to the pool and ensure we keep the process moving and any contracts redone by the UBS team in preparation for Monday.  David is going to send an email with contact numbers etc for questions people may have with regard to the contracts (apart from the numbers and promotions) as all those questions need to be sent to HR.

Please make sure you contact all of your guys and have an idea of where they are at.

Tammie will contact you all with the dial in number.

The meeting will be in John's office.

Thanks

Louise