I reviewed the Cal ISO filings below (in Sue's note) to determine general
consistency with FERC orders on interconnection procedures.  Potential issues
are identified below and you all can decide if Enron should protest/intervene
(the West Developers may want to review this too).   Since I am not familiar
with the Cal ISO procedures, I cannot determine whether protest is necessary
(for example, PJM, NY, and NEPOOL have certain interconnection policies that
would not be acceptable outside the pool, but that work ok for the pool).
The TOs have also filed Amend. 39 interconnection procedures, but I have not
looked at those to see if they mirror these.  Maybe one of the paralegals
could check that.  In addition, one of you should review the filing letter
and procedures to make sure that the statements made by Cal ISO are correct.

(Filing letter) The Cal ISO states that these procedures are filed in
response to FERC's orders and that the Cal ISO and Market Participants are
examining policies that will ensure that the ISO Controlled Grid is expanded
to support competitive markets.  It also states that it would have liked to
propose complementary changes to its long-term planning and expansion
process, but other priorities have prevented it from doing so.
Discusses the two previously methodologies regarding interconnection
procedures -- "No Grandfathering of Transmission Rights" and "Advance
Congestion Cost Mitigation" (which was apparently rejected last year.
(Filing Letter at 10) -- Cal ISO does not propose a method of sharing upgrade
costs, but states that the procedures do not preclude such a provision.  This
is one we have used in other Inter. Agreements:  If required by law or if the
Parties mutually agree to allow one or more third parties to use the
Interconnection Facilities or any part thereof (whether by transfer of the
Interconnection Facilities to an RTO or otherwise) and such use decreases the
capacity of the Interconnection Facilities available to TO or the Facility or
otherwise causes any detriment to TO or the Facility or benefits any party
(including TO) other than Generator, or if TO is compensated for the costs of
the Interconnection Facilities (in whole or in part) for any reason,
Generator will be entitled to compensation from TO based upon the pro rata
use of the Interconnection Facilities by TO, all third party users, and
Generator, for the greater of (i) whatever costs Generator incurred in
connection with the Interconnection Facilities, plus interest at the Interest
Rate from the date of Generator's payment of the costs in connection with the
Interconnection Facilities and (ii) the value that TO receives for the
Interconnection Facilities.  Notwithstanding the foregoing sentence, the
Parties may use any other mutually agreed upon methodology to determine such
compensation.
3.3 If one or more third parties are to use the Interconnection Facilities in
accordance with Section ___, Generator's obligation to reimburse TO for the
operation and maintenance costs incurred by TO in connection with the
Interconnection Facilities shall be based on the pro rata use of the
Interconnection Facilities by TO, all third parties users, and Generator, or
on some other mutually agreed upon methodology; provided, however, that,
under no circumstances shall Generator's share of TO's operation and
maintenance costs be greater than its pro rata use of the Interconnection
Facilities.
(Procedures) The timelines for submitting applications and responding to
system impact studies (SIS) and facilities study (FS) are fine, per previous
FERC orders (in fact, Cal ISO asks for 60 days to complete the Facilities
Study -- PGE just filed requesting 90 days).
5.7.3.1.1.(c)  I would add "on a non-discriminatory basis" after "unless
otherwise agreed by the ISO, and the Interconnecting PTO"
5.7.4.2 allows the generator to perform its own SIS and FS, subject to review
by the Cal ISO and TO (this is a good provision that has not been adopted by
many utilities).
5.7.4.2.1 -- The SIS will identify adverse impact on "Encumbrances"
(undefined).  Someone needs to check this provision since I am not familiar
with this Cal ISO rule.
5.7.4.2.2 -- A New Facility Operator is entitled to amend its Completed
Application once without losing its queue spot.  Other utilities allow
amendments as long as the change is not "material", which has only been
defined by the utility and approved by FERC in several cases.  This Cal ISO
proposed provision could be problematic to other generators in the queue if
it is not limited to "material", (unless Enron is making the one time
change!)  In any event, check with West Developers on this provision.
5.7.4.3 -- This provision requiring a New Facility Operator to execute (or
have filed unsigned at FERC) an Interconnection Agreement within 10 days (if
no upgrades) or within 30 days (if upgrades) can be a problem.  Cal ISO does
not file a pro forma Interconnection Agreement in these procedures.  If Cal
ISO tenders a poor interconnection agreement draft (which happens all the
time with other utilities), then there is no way that Enron would typically
want to execute it within those time limits.  For example, Duke did not file
an pro forma interconnection agreement, but does allow 90 days for
negotiation.  In my experience, the negotiation of the interconnection
agreement can take a long time.  It would be advisable for the Cal ISO to
file a pro forma at FERC, then you can protest, if necessary, and at least
there will be a fairly decent interconnection agreement to use.
5.7.4.4.1(a)  -- The Queuing Milestones appear to be fairly rigid and quick:
require the New Facility Operator to comply with the ISO tariff and the TO
tariff and within 6 months of its Completed Application Date, satisfy all
applicable Data Adequacy Requirements of state and local siting and other
regulatory authorities.  I don't know that 6 months is achievable.  FERC has
approved milestones in other cases, but most contain language requiring
reasonable movement toward the milestones.  For example in Duke ER01-794
Section 41.5: (Transmission Provider may reasonably extend any such milestone
dates in the event of delays not caused by the Generation Interconnection
Customer, such as unforeseen regulatory or construction delays that could not
be remedied by Gen. Int. Customer through the exercise of due diligence, and
may also reasonably extend milestone dates to which the Gen. Int. Customer
has not agreed and which the Gen. Int. Customer has challenged at the
Commission pending a Commission determination as to the reasonableness of
such dates.)  In addition, the Cal ISO only allows one extension of 30 days
-- probably not enough.
5.7.4.4.1 (b) -- requires a New Facility License within 15 months after
satisfying the Data Adequacy Requirements.
5.7.5 -- does not provide for transmission credits for "network upgrades"
(upgrades other than the costs of interconnection).  The Cal ISO recognized
this exclusion in its filing letter at 11, but thinks that such issues are
appropriately addressed as part of the process to revise the ISO's long-term
grid planning process.  Enron has argued and won at FERC for transmission
credits in other utility cases, but I don't know what is appropriate under
Cal ISO system, so please check this carefully.
---------------------- Forwarded by Christi L Nicolay/HOU/ECT on 04/11/2001
08:02 AM ---------------------------

Susan J Mara@ENRON
04/05/2001 03:18 PM
To: Christi L Nicolay/HOU/ECT@ECT
cc:

Subject: RE: FERC FIlings

I complained to the ISO Webmaster and Voila!  I guess I was looking in the
wrong spot

Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854
----- Forwarded by Susan J Mara/NA/Enron on 04/05/2001 01:14 PM -----

	WebMaster <WebMaster@caiso.com>
	04/05/2001 01:11 PM

		 To: "Mara, Sue" <smara@enron.com>
		 cc:
		 Subject: RE: FERC FIlings

Its under Public Info, FERC Filings and Rulings, Tariff Amendments.
Here's the direct link

http://www2.caiso.com/docs/2001/04/02/200104021630021868.html

-----Original Message-----
From: smara@enron.com [mailto:smara@enron.com]
Sent: Thursday, April 05, 2001 1:05 PM
To: webmaster@caiso.com
Cc: webmaster@caiso.com
Subject: FERC FIlings

I am looking for the ISO's FERC filing that was made on April 2 --  of
Amendment No. 39 on the New Facility Interconnection procedures.


Hi there,

Lee doesn't remember getting a fax from me yesterday.  Did you get a
confirmation back?  It was the same fax that was sent to Pete Thompson.

Thanks,

Kay


Rod,

The attached Word document provides a list of proposed 2001 objectives for my area of responsibility.  This list has been forwarded to Jim Prentice for comments.  Please let me know your thoughts and an updated list will be provided next week.

Thanks,
	Tom   X54899


The attachment below recaps our meeting from this morning.  Highlights from
last week are noted and commitments for this week are detailed as well.  Let
me know if anything has been left off the list.  --Sally


Below are the gas interconnection names for the 2000 peakers:

 Lincoln -

 Northern Border Pipeline - near Manhattan South Interconnect

 Gleason -

 ANR Pipeline ML2 - Weakley Interconnect

 Wheatland -

 Midwestern Pipeline - Westfork Interconnect

Rick


Sam,

We already subscribe to some titles here.

Vince

	Enron North America Corp.

	From:  William Smith @ ENRON                           07/18/2000 02:11 PM

To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Euromoney Titles

Vince,

When you get back and caught up, here are some things we might like to
purchase.  I'm not sure why the lady called me, but it was free to look, so I
asked her to send me what she had.  There seems to be something for several
of our group, including Maureen.

Hope it helps us,

Sam

---------------------- Forwarded by William Smith/Corp/Enron on 07/18/2000
02:08 PM ---------------------------

"Lin, Lisa (N.Y.)" <LLin@iinvestor.net> on 07/18/2000 01:02:34 PM
To: "'william.smith@enron.com'" <william.smith@enron.com>
cc:

Subject: Euromoney Titles

Dear Sam:
It was a pleasure speaking with you.? As per your request, please find the
following Euromoney Titles for you perusal.? For further assistance, or
information, please feel free to call me at (212) 224-3570.? Thank you.

 <<NY2k.doc>>  <<DIR2000.doc>>  <<Derivatives Handbook 2000 - 2.doc>>
<<FMgm2000.doc>>  <<PW Capital Markets Directory 2000 on CD-ROM.doc>>
<<PW2K.doc>>  <<Structured Finance Directory 2000.doc>>  <<Magazine Listings
2000 (Complete).doc>>  <<Derivatives Products.doc>>  <<Fund Management
Products.doc>>  <<CAPM2000.DOC>>  <<Seminars2000.DOC>>  <<Securitisation
2000.doc>>  <<Self Study Training Manuals.doc>>  <<Yearbooks 2000.doc>>

Lisa Lin
Sales Consultant
Euromoney Institutional Investor
488 Madison Avenue, 12th Floor
New York, NY? 10022
Telephone:? (800) 437-9997,? (212) 224-3570
Fax:? (212) 224-3553
email:? llin@iinvestor.net

 - NY2k.doc
 - DIR2000.doc
 - Derivatives Handbook 2000 - 2.doc
 - FMgm2000.doc
 - PW Capital Markets Directory 2000 on CD-ROM.doc
 - PW2K.doc
 - Structured Finance Directory 2000.doc
 - Magazine Listings 2000 (Complete).doc
 - Derivatives Products.doc
 - Fund Management Products.doc
 - CAPM2000.DOC
 - Seminars2000.DOC
 - Securitisation 2000.doc
 - Self Study Training Manuals.doc
 - Yearbooks 2000.doc


Mac,

I checked into executing my options with Smith Barney.  Bad news.  Enron has
an agreement with Paine Webber that is exclusive.  Employees don't have the
choice of where to exercise.  I still would like to get to the premier
service account, but I will have to transfer the money.

Hopefully this will reach you.

Phillip


Cement:
Enclosed is the Enron Guaranty that we need executed in connection with an
ISDA Master Agreement that we have finalized with Idacorp Energy Solutions
LP.  We would like to have the Master become effective next week so would it
be possible to have this signed next week?  If you have any questions, please
call me or Susan Flynn.
Carol


Rosalee:
Thanks very much for helping arrange the meetings.  Here is the list thus
far.  There may be additions.  I've also suggested dates for the meetings.

May 3rd in Sacramento (after the meeting with David Freeman):

Governor Davis (he spends a lot of time in Los Angeles and you may find that
he prefers to meet there).
House Speaker Robert Hertzberg
House Republican member John Campbell (Republican's point person on energy
issues)
House Minority Leader David Cox
Senate Majority Leader John Burton
Senate Minority Leader Jim Brulte

May 4th--Morning, in Los Angeles
John Bryson, CEO Edison International
Governor Davis (unless the meeting occurs on the 3rd in Sacramento)

May 4th--Afternoon, in San Francisco
Bob Glynn, CEO PG&E

Joseph Alamo from our office will provide you with the phone numbers for John
Campbell, David Cox, John Burton, and Jim Brulte.  I assume that your office
has the numbers for John Bryson and Bob Glynn.  If you do not have the
numbers, let me know and I will get them for you.  Thanks again for your help.

Best,
Jeff

	Rosalee Fleming
	04/25/2001 03:09 PM

		 To: Janel Guerrero/Corp/Enron@Enron
		 cc: Jeff Dasovich/NA/Enron@Enron
		 Subject: Re: Ken Lay Meetings in CA

We will do it.  Maureen and I have already talked about the Freeman meeting
and we are making Steve hotel reservations, wherever we put Ken.

Rosie

Janel Guerrero
04/25/2001 02:19 PM
To: Jeff Dasovich/NA/Enron@Enron, Rosalee Fleming/Corp/Enron@ENRON
cc:
Subject: Ken Lay Meetings in CA

Since Steve Kean is planning to accompany Ken on his meetings next week in
CA, please be sure to cc Maureen McVicker on all meetings that are scheduled
so she can manage Steve's calendar.

Thanks.


As our business continues to grow and change, Energy Operations is challenged
daily to ensure best practices throughout all services provided.  We recently
decided to consolidate the Risk Management, Deal Validation and Operational
Analysis functions into one group, directed under the management of a
Business Controller.  I am pleased to announce that Steve Venturatos has
accepted the role of Business Controller for Texas/Upstream Operations,
reporting to me.  Additionally, Dave Baumbach has agreed to serve as the Lead
of the group.  Other additions to the group include Jody Crook, a first year
analyst, and Ami Chokshi.  Ami will continue to serve as the account manager
for both Entex and TUFCO.  The attached oranizational chart identifies all
team members.  Additionally, the Denver trading books will be transitioned
from Will Kelly (who is assuming the Business Controller role for the East
region) to our group.  We will also be working with Keith McIver and John
Peyton to establish risk books for the drilling day rate trading anticipated
to kick off soon.

Mike Eiben has assumed responsiblities previously managed by Steve Venturatos
which include Global Contracts and Facilities, System Enhancements and
Regulatory Reporting.  Clem Cernosek will be joining the Logistics team in a
trouble shooting capacity.  Jennifer Pattison will be joining Volume
Management, focused on trouble shooting and UA4.  Both Clem and Jennifer have
been on the Unify - POPS team.

Please join me in sharing this information with pertinent staff members, and
in wishing each of these employees success in thier new roles.


--- Florian Pestoni <fpestoni@almaden.ibm.com> wrote:
> Subject: Re: Case study option
> To: "Howard Shelanski"
> <shelanski@mail.law.berkeley.edu>
> CC: ba278-1@haas.berkeley.edu,
> e278-1@haas.berkeley.edu
> From: "Florian Pestoni" <fpestoni@almaden.ibm.com>
> Date: Mon, 22 Oct 2001 13:52:30 -0700
>
>
> Howard,
> a clarification about the case sudy alternative: for
> the less risk averse,
> is it OK to submit only 2 papers (since only 2 would
> count towards the
> grade)? If so, could one of the two papers be the
> non-Masten (possibly
> group) write up?
>
> Regards,
> Florian Pestoni
> IBM Almaden Research Center
> fpestoni@almaden.ibm.com
>
>
>
> "Howard Shelanski"
> <shelanski@mail.law.berkeley.edu>@haas.berkeley.edu
> on
> 10/21/2001 08:13:53 PM
>
> Sent by:  owner-e278-1@haas.berkeley.edu
>
>
> To:   ba278-1@haas.berkeley.edu,
> e278-1@haas.berkeley.edu
> cc:
> Subject:  Case study option
>
>
>
> Hello,
>
> Below please find the guidelines for the alternative
> to the final
> exam.  Thanks,
>
> HS
>
>
> Guidelines for MBA Case-Study Alternative
>
>      Instead of taking the final exam in this
> course, you have the
> option of writing three short papers analyzing case
> studies of
> transactions. Your grade will be determined by the
> best two of the
> three papers you hand in. At least two of the
> studies must be
> individually authored. One may be submitted as a
> group project if you
> have classmates you wish to collaborate with. There
> is no requirement,
> however, that you participate in a group project?you
> may do all three
> on your own.
>
>      Coverage: At least two of your papers should
> address case
> studies from the Masten book. You may cover case
> studies we have
> already discussed in class or you may choose cases
> we skipped or have
> not yet covered. If you wish, one of your three
> papers may address a
> case study from another source or from your own work
> experience. It is
> important, however, that the case involve
> transactional issues.
> Examples of appropriate cases are those involving
> procurement
> negotiations, make-or-buy decisions, contractual
> bargaining or
> renegotiation, and structural transactions like
> mergers, acquisitions,
> or spin-offs.
>
>      Your paper should be structured around several
> questions: (1)
> what is the phenomenon to be explained and why is it
> interesting? (2)
> What explanations does the author of the study offer
> for the observed
> facts? (Or, if an outside case, why did the parties
> involved do what
> they did?) (3) Do you find the author's theory
> convincing? Why and/or
> why not? (4) What alternative explanations would you
> want to
> investigate for the empirical evidence? Are there
> any explanations you
> think are likely to be as, or more, important? And
> (5) what applied
> value does the study have in the business
> setting?i.e. what are the
> useful take-home lessons for managers? You need not
> restrict yourself
> to these questions or strictly follow the above
> structure. It is just a
> suggested guideline for the kind of coverage I
> expect.
>
>      Deadlines: The first paper will be due October
> 31, the second
> is due November 28, and the third is due December
> 12. You may submit
> the papers in Word or Wordperfect format by e-mail
> or in person. In
> order to give you guidance on grading and
> expectations, I will return
> the October 31 papers in class the following week.
>
>      Length: There is no set length, although I
> expect it will take
> 5-7 double-spaced pages to cover the suggested
> analysis. Some of you
> may wish to write more, and in some cases you might
> do a good job in
> fewer pages. But 5-7 pages is generally what I have
> in mind. Please use
> 12-point font and standard 1-inch margins.
>
>
>
>

__________________________________________________
Do You Yahoo!?
Make a great connection at Yahoo! Personals.
http://personals.yahoo.com


Here's the dress.
----- Forwarded by Nytasha Sims/HOU/Dynegy on 09/25/01 04:27 PM -----

                    hope-frelix@reliant
                    energy.com                 To:     Nytasha.Sims@dynegy.com
                                               cc:
                    09/25/01 01:50 PM          Subject:     Re: Wedding Dresses

Here you go poopa scoop :o)

The strapless top isn't on the web but the same slim skirt will be worn as
shown in the picture with that top as well.

Love ya!

(See attached file: bridesmaiddress.jpg)

                    Nytasha.Sims@
                    dynegy.com           To:
hope-frelix@reliantenergy.com
                                         cc:
                    09/25/01             Subject:     Wedding Dresses
                    01:41 PM

Can you send me a picture of our bridemaid dresses for your wedding
electronically?  I want to show my co-worker.

(See attached file: bridesmaiddress.jpg)

 - bridesmaiddress.jpg


Migrated


Return-path: <HanHSmith@aol.com>
From: HanHSmith@aol.com
Full-name: HanHSmith
Message-ID: <ba.13a3497f.282beaca@aol.com>
Date: Thu, 10 May 2001 08:59:54 EDT
Subject: Frank Smith Memorial Golf Tournament
To: jim.derrick@enron.com
MIME-Version: 1.0
Content-Type:  multipart/mixed; boundary="part2_6c.a7d2b05.282beaca_boundary"
X-Mailer: AOL 6.0 for Windows US sub 10512

Jim,  Hannah and I are so appreciative of your efforts in establishing the
Frank Smith Memorial Golf Tournament at the annual Enron Law Conference.  The
joy you have brought to our daughter through this gesture is immeasurable-
and we believe, after the initial mortification at having his name on
anything, that Frank would have been thrilled about it- (in an understated
way, of course, but thrilled nonetheless).  Heartfelt thanks for your
involvement and contribution to this effort.
I am sending, either attached to this e-mail or separately, (depends on
challenges presented as I am hugely incompetent in this area) the e-mail we
received from Dave Nutt explaining the evolution of the tournament.  It is a
ringing endorsement of your efforts and character and I think you should be
aware of it.
We thank you for remembering, in such a loving way, one of the finest people
God ever put on this planet!  Sue Smith
P.S. Please let me know if you receive Dave's letter attached to this e-mail
(sorry!)
 - LtrAFS.Hannah.doc


please note that Brad Mckay has left the company.

 -----Original Message-----
From: 	Sever, Stephanie
Sent:	Monday, January 28, 2002 9:42 AM
To:	Neal, Scott; Shively, Hunter S.
Subject:	US Gas Online Trading Access Update
Importance:	High

 Please review the attached spreadsheet for Stack Manager and Website Access for the UBS Online Trading Platform and note any necessary changes.

 << File: US Gas Stack & Website for New Version 121401.xls >>

Thank you for your help.

Stephanie Sever
EnronOnline
713-853-3465


missing deals for bob:

buy edison mission
223.00
dec
np15
25 mw
peak

sell calpine
223.00
dec
np15
25 mw
peak


I'm ok with the change.  Just curious, but Courtney doesn't get any  time
value of money recognition on his prepayment?  Also, the prepayment gives us
a cash, but not earnings, benefit, right?  Thanks.  DF

James Centilli
08/01/2000 02:53 PM
To: Susan Scott/ET&S/Enron@ENRON
cc: Drew Fossum/ET&S/Enron@ENRON

Subject: TW Letter

Susan

Bob Chandler and I request some changes inorder to detail the upfront
payment.  If you do not have any problems with the document, please advise
and we will notify Gerald to create executables.

Thanks,
James

---------------------- Forwarded by James Centilli/ET&S/Enron on 08/01/2000
02:49 PM ---------------------------

Gerald Nemec@ECT
08/01/2000 09:25 AM
To: James Centilli/ET&S/Enron@ENRON
cc: Mark Courtney

Subject: TW Letter

Attached is the letter.  I am forwarding per Mark's request.  Let me know if
you have any comments.  If everything looks good, let me know and I will
create executables.  Thanks.


Due to a fit of holiday impulse buying, there is a stocked Easter basket at
my desk for all to share.

Have a good holiday, and come get a little something sweet!

C


All:  I spoke with Bill Bradford to get the global credit perspective, and,
he is entirely neutral.  However, he agreed that it made sense for Enron
Corp. to transact on its own stock.

I am prepared to draft new ISDA Master Agreements with our remaining
potential targets in the name of "Enron Corp." without Credit Support
Annexes.  Upon execution, the parties generally exchange evidence of
authority (i.e., resolution or excerpt thereof).

The outstanding confirms are in the name of Enron Corp.  These are "Deemed
ISDA's" and no party has asked for evidence of authority (although the
parties do represent that they have such authority).

Please let me hear from you if someone objects to the use of Enron Corp.
Thanks.  Sara


----- Forwarded by Jeff Dasovich/NA/Enron on 11/28/2000 01:13 PM -----

	"Ronald Carroll" <rcarroll@bracepatt.com>
	11/28/2000 12:43 PM

		 To: <gfergus@brobeck.com>, <acomnes@enron.com>, <jdasovic@enron.com>,
<jhartso@enron.com>, <jsteffe@enron.com>, <mary.hain@enron.com>,
<smara@enron.com>, <seabron.adamson@frontier-economics.com>, <mday@gmssr.com>
		 cc:
		 Subject: Fwd: DJ FERC To Lower Price Cap In Calif PwrOrder-Commissioners

The attached article (based upon another FERC leak) states that FERC will
lower the cap to $100 but will not (cannot) order refunds.

----- Message from Carol Opatrny <ccopat@e-z.net> on Tue, 28 Nov 2000
08:29:53 -0800 -----
To:	tbradley@bracepatt.com, pfox@bracepatt.com, doug.little@powerex.com,
mike.macdougall@powerex.com
Subject:	Fwd: DJ FERC To Lower Price Cap In Calif Pwr Order-Commissioners
Greetings:
According to this article, the price cap in California will fall (to
$100/MWh) and, refunds will not (cannot) be ordered.
Carol

>23:05 GMT November 27, 2000 =DJ FERC To Lower Price Cap In Calif Pwr
>Order-Commissioners
>
>   By JASON LEOPOLD
>   Of DOW JONES NEWSWIRES
>
>LOS ANGELES (Dow Jones)--The Federal Energy Regulatory Commission will
>likely lower its proposed $150 per megawatt-hour "soft cap" on California's
>wholesale power prices to $100/MWh in its final order to repair the state's
>troubled electricity market, commissioners said Monday.
>But the commissioners told Dow Jones Newswires they won't order generators
>to refund billions of dollars in windfall profits earned last summer as a
>result of spiking power prices in the state, despite pleas from state
>lawmakers and Gov. Gray Davis, because they lack the authority to do so.
>"We still believe we cannot order refunds," one FERC commissioner said. "If
>there was an inch in the (Federal Power Act) that gave us the authority, we
>would take it. But that would destroy the future of deregulation."
>FERC released a report earlier this month that largely pinned California's
>ongoing power crisis on the structure of the state's wholesale electricity
>markets. The commission also issued a proposed order requiring changes
>needed to make the market workably competitive.
>The order found that electricity prices in the state rose to "unjust and
>unreasonable" levels last summer. But FERC fell short of ordering refunds,
>saying it lacked the legal authority to do so.
>Instead, FERC proposed changes to the governing boards of the state's two
>wholesale-market operators - the Independent System Operator and Power
>Exchange - said the state's three investor-owned utilities should no longer
>be required to buy a majority of their power from the CalPX, and proposed
>penalties for utilities that put off buying the power they need until the
>last minute.
>FERC also proposed capping the price paid to all bidders in California's
>power auctions at $150/MWh. Individual bidders could still get higher
>prices, but would have to justify their claims to FERC.
>FERC may issue its final order as early as Dec. 13, and commissioners said
>California shouldn't expect it to differ from the proposed changes
>recommended by FERC earlier this month.
>The comment period for FERC's draft order closed Nov. 22.
>(MORE) Dow Jones Newswires 27-11-00
>2305GMT
>Final Order Won't Order Refunds
>Davis warned FERC commissioners at a public hearing in San Diego two weeks
>ago that a failure to order refunds would produce a "ratepayer revolt."
>"Your proposed solution to our energy crisis does nothing to lower prices
>for California consumers," the Democratic governor told FERC on Nov. 13 at a
>meeting in San Diego. "Quite to the contrary, it is designed to bring our
>economy and our consumers to their knees."
>California's power regulators and utilities also pressed for refunds.
>The state's Public Utilities Commission said it has evidence of market abuse
>by generators and that consumers were overcharged $4 billion last summer for
>electricity.
>Edison International unit (EIX) Southern California Edison, in its response
>to the FERC order, attached a study by a Massachusetts Institute of
>Technology economist, who found "considerable evidence" generators and power
>marketers deliberately withheld supply from California from June through
>September - when power usage is at its peak - to drive up wholesale prices.
>But despite the allegations, FERC commissioners said they will not order
>refunds, though they said the state could legally return to cost-based
>rates.
>One commissioner also warned a lower "soft cap" of $100/MWh would likely
>deter generators from building new power plants in the state, even as it
>limited price spikes.
>"The truth of the matter is there is no painless or easy way for California
>to change its electricity market," the FERC commissioner said.
>
>   Consumer Groups Push Ballot Measure To Re-regulate
>
>Davis will file the changes the state wants made to the proposed order with
>FERC on Friday, but FERC commissioners said they don't expect to be swayed
>by the governor's filing.
>Meanwhile, Californians are steaming ahead with their own solutions.
>On Tuesday, the Foundation for Taxpayer and Consumer Rights, a Southern
>California consumer advocacy group, will hold a news conference announcing
>its own sweeping changes to the state's power market, which it will try to
>implement through a proposed ballot measure, the details of which have not
>been disclosed.
>Furthermore, state lawmakers plan on rewriting parts of AB1890, California's
>landmark restructuring law when the state Legislature convenes next year.
>There is already heated debate within the Legislature to reauthorize
>utilities to build power plants and to create a public utility system like
>Nebraska's, where there are no investor-owned utilities, in an effort to
>control power prices.
>"California lawmakers want to be re-elected in 2002," one key lawmaker close
>to the electricity issue said.
>And Davis is in meetings to replace the Cal-ISO and CalPX with a new entity
>to manage the power grid and the state's two wholesale power markets, said
>Steve Maviglio, Davis' press secretary.
>-By Jason Leopold, Dow Jones Newswires; 323-658-3874;
>jason.leopold@dowjones.com
>-0-
>Last week, FERC received hundreds of pages of comments to its proposed order
>for California's power market.
>(MORE) Dow Jones Newswires 27-11-00
>G_nther A. Pergher
>Senior Analyst
>Dow Jones & Company Inc.
>Tel.  609.520.7067
>Fax. 609.452.3531
>
>The information transmitted is intended only for the person or entity to
>which it is addressed and may contain confidential and/or privileged
>material.  Any review, retransmission, dissemination or other use of, or
>taking of any action in reliance upon, this information by persons or
>entities other than the intended recipient is prohibited. If you received
>this in error, please contact the sender and delete the material from any
>computer.
>
> <<Pergher, Gunther.vcf>>
>
>------_=_NextPart_000_01C05946.A1460FC0
>Content-Type:  application/octet-stream;
>   name="Pergher, Gunther.vcf"
>Content-Disposition:  attachment;
>   filename="Pergher, Gunther.vcf"
>
>BEGIN:VCARD
>VERSION:2.1
>N:Pergher;Gunther
>FN:Pergher, Gunther
>ORG:Dow Jones Newswires;News Gathering & Pdn
>TITLE:Sr Research Analyst
>TEL;WORK;VOICE:609-520-7067
>ADR;WORK:;South Brunswick NJ
>LABEL;WORK:South Brunswick NJ
>EMAIL;PREF;INTERNET:Gunther.Pergher@dowjones.com
>REV:20001121T161855Z
>END:VCARD
>
>------_=_NextPart_000_01C05946.A1460FC0--
>
Carol Close Opatrny
Opatrny Consulting, Inc.
18509 N. E. Cedar Drive
Battle Ground, Washington 98604
360.666.8509 (fax)
360.666.8510 (phone)
e-mail: ccopat@e-z.net


http://messages.yahoo.com/bbs?.mm=FN&action=m&board=7081781&tid=ene&sid=708178
1&mid=11711


Here is some feedback I got from within Susman Godfrey:

1.  Morris:  Several people have been before him as a judge or arbitrator
and they all think he is fine.  Recall he also is the one who is a good
friend of Mike Beatty.

2.  Paul:  extremely negative feedback

3.  Roberts:  even worse feedback than Paul.  SG took a very contentious
deposition of him in the Exxon Valdez coverage case.

4.  Webster:  fine; but probably unacceptable to Duke once they know Enron's
and my relationship with him.

5.  Phillips:  Mixed.  Steve Susman likes him and thinks he would be fine.
Others note that he apparently is extremely close to Renfrew, having
strongly urged Renfrew as the neutral arbitrator in a matter in which
Phillips was the (unsuccessful) mediator.

Others note generally the obvious concern that Renfrew may have some special
sway with any former federal judge, a rather small and elite club.

Others noted that we should beware Oklahoma based arbitrators in particular
(Morris, Paul and Phillips all are from Okla.), where Duke is a big player.

With respect to potential counter-proposals, Beatty is considering some
names.  In addition, two people suggested within SG are former state judge
Harlan Martin (who runs JAMS' Dallas office); and former 3rd Circuit judge
Arlin Adams (who ruled in SG's favor as sole arbitrator in our dispute with
Jack Grynberg).

Neal S. Manne
(713) 653-7827
nmanne@susmangodfrey.com


Pursuant to today's conference call, attached please find a prioritized
list of legislation we are monitoring during the second extraordinary
session.

 - legislative update 6-21-01.doc


I agree.  Everything is just peachy up here.  My scheduling group wants me to
stay in this rotation for another month, and I think Philip has ok'ed it.  He
also thinks that for my next rotation, he'll just switch me with an analyst
in the risk group that works on our books, soooooooooo....I'm curious how
this "track" will actually affect me.

Happy hour tomorrow?

Mat


We have length for Saturday and Sunday at Mead.  We can take this into SP-15
or look to sell it at PV or 4C.  PSCO has been buying, as have PAC, APS, and
PNM, POWX etc...Daily's traded up near $195 for Sun and Mon.  Be careful with
transmission and deal entry (APS website requires Microsoft Explorer not
Netscape) and maximize this reasonably priced energy.

Saturday LV schedule:

HE6-10  7mw
HE11-16 52mw
HE17-24 7mw
OASIS #01019041
Enpower #552482, 552492, 552515
Price is $140

Sunday LV schedule:
HE11-16 17MW
OASIS #01019048
Enpower #552750, 552762, 552772, 552772
Price is $135

Thanks,
Bill


Hey Brett,

Not too much going on in H-town.  I just recently started trading Natural Gas
Futures.  I have had three heart attacks, a stroke, and have bitten off all
of my fingers in a week.  Other than that things are going pretty well.

I should be in town for easter, so if you want to get together, lemme know.

How is artillery school going?

out

"Brett Lawler" <brettlawler@hotmail.com> on 03/06/2000 06:59:06 AM
To: John9375@aol.com, srhea@acm.org, Eric Bass/HOU/ECT@ECT
cc:
Subject: Arrrgh ye scurvy Dogs.

What's up me droogs?  Just checkin in to see how every thing was goin.

John how was New Orleans?  Sean and Eric what are you animals doin fer
easter?

Lemme know.

Lawler, OUT.
______________________________________________________
Get Your Private, Free Email at http://www.hotmail.com


Depending on how negotiations go with Sierra, at the end of the month, we may
need to make a FERC filing for interconnection and transmission service.
---------------------- Forwarded by Mary Hain/HOU/ECT on 02/08/2001 12:24 PM
---------------------------

Mary Hain
02/08/2001 11:58 AM
To: Lysa Akin/PDX/ECT@ECT
cc:
Subject: Sierra Letter

Lysa- Here's the final letter.  Please work with this version and toss the
old one.


Yes.  I love their music.

 -----Original Message-----
From: 	Davis, Dana
Sent:	Friday, October 26, 2001 11:15 AM
To:	Davis, Angelic
Subject:	RE:

Have you heard of Mary Mary?

 -----Original Message-----
From: 	Davis, Angelic
Sent:	Friday, October 26, 2001 11:14 AM
To:	Davis, Dana
Subject:	RE:

I listen to both.

 -----Original Message-----
From: 	Davis, Dana
Sent:	Friday, October 26, 2001 11:14 AM
To:	Davis, Angelic
Subject:

My Instant Messenger isn't working for some reason but all I wanted was to ask you do you listen to gospel music and what kind if you do?  Traditional or contemporary?


Helen-

I was just checking to see if Sunday, Feb. 18 at 3 pm would work for Kali's
last private lesson.

Thanks,

Susan Pereira


what is that

 -----Original Message-----
From: 	"Williams, Joanna (TX)" <WilliamsJ@iconus.com>@ENRON
Sent:	Tuesday, November 13, 2001 9:13 AM
To:	Williams, Jason (Trading)
Subject:	Turn on your yahoo

Joanna Williams
Sr. IVRS Project Manager
ICON | Clinical Research
(281) 295-4804 Office
(281) 242-4890  Fax


CALENDAR ENTRY:	APPOINTMENT

Description:
	John Work on Staff meeting/John/Terry

Date:		4/24/2001
Time:		9:00 AM - 10:00 AM (Central Standard Time)

Chairperson:	Outlook Migration Team

Detailed Description:


Dick;
New Power has an issue with ENA on the TCO capacity that is released to us
each month by CPA.  I need to put this in an e-mail in order to get others
included in the topic.

During the purchase of the CES Retail business, we asked for a summary of all
capacity from CES.  CES could not produce contracts because ENA, as their
agent, possessed all pipeline contracts.  CES requested a summary of the
capacity applicable to Retail.  ENA, in response to the request, produced a
document representing the receipt and delivery points applicable to the
pipeline capacity.  The capacity allocated from CPA was clearly represented
as 100% Leach receipt point.  Corresponding, New Power has established all of
its curves based on this assumption.  We have now determined, as a result of
a pipeline cut, that we actually have Broadrun and AGG 6 receipt point
capacity.

Not only was the receipt point misrepresented on the summary that was
ultimately incorporated into the CES Purchase Agreement as a schedule, ENA
also recently executed new TCO capacity on our behalf from CPA and failed to
provide any notice to us that the allocations changed on receipt point
capacity giving us a much greater % of AGG 6 capacity.

This is a difficult situation.   We are significantly hurt from an economic
standpoint as a result.  The Agg 6 gas is as good as worthless since I can
not find gas here for winter.  It will probably be stranded.  This means I
have to find delivered gas for the majority of supply which trades at
exorbitant price.  I also have to pay premiums for Broadrun capacity.  I need
to get a reply from you as to what options ENA sees in addressing this
situation.  As our supply manager, we are looking to you for a economic make
whole.


---------------------- Forwarded by Jeff Dasovich/SFO/EES on 08/16/2000 09:06
AM ---------------------------

"Cherry, Brian - TPBKC" <BCherry@sempra.com> on 04/17/2000 10:24:09 PM
To: "Sullivan, Glen J." <GSullivan@sempra.com>, MBD <MDay@GMSSR.com>,
"'Leslie, John'" <jleslie@LUCE.com>, "'Elsesser, Evie'" <eke@aelaw.com>,
"'McCrea, Keith'" <kmccrea@sablaw.com>, "'Pocta, R. Mark'" <rmp@cpuc.ca.gov>,
"'Dasovich, Jeff'" <jdasovic@enron.com>, "'Beach, Tom'"
<tomb@crossborderenergy.com>, "'Burkholder, John'" <burkee@cts.com>,
"'Amirault, Paul'" <paulamirault@aec.ca>, "'Alexander, Michael'"
<alexanms@sce.com>, "'Chancellor, Craig'" <craigc@calpine.com>, "'Dingwall,
B.'" <bdingwall@unitedgas.com>, "'Douglass, Dan@SES'"
<douglass@arterhadden.com>, "'Fawcett, Jeff'" <jfawcet@enron.com>, "'Porter,
Doug'" <porterdk@sce.com>, "'Rochman, Michael'" <rochmanm@spurr.org>,
"'Counihan, Rick'" <rick.counihan@greenmountain.com>, "'Bayless, David'"
<david.bayless@utility.com>, "'Paul, Joe'" <jmpa@dynegy.com>, "'Jimison,
John'" <johnj@bcjlaw.com>, "'Foss, Robert'" <rfoss@coral-energy.com>, "McVay,
Nancy W - TPNWM" <NMcVay@socalgas.com>, "'Scott, Susan'"
<susan.scott@enron.com>, "'Karp, Joe'" <karpjos@sf.whitecase.com>, "'Johnson,
Pamela'" <Johnson_pamela@lacoe.edu>, "'Gileau, Pat'" <plg@cpuc.ca.gov>
cc: "Lorenz, Lad - TPLPL" <LLorenz@socalgas.com>, "Nelson, Eric B. - TPEBN"
<ENelson@socalgas.com>, "Morrow, Rick - TP3RMM" <RMorrow@socalgas.com>,
"Sullivan, Glen J." <GSullivan@sempra.com>, "Follett, B. David - TPDBF"
<DFollett@sempra.com>, "Freeman, Kimberly" <KFreeman@sempra.com>, "Hubbard,
Lisa J." <LJHubbard@sempra.com>, "Angeles, Zenee G. - TPZGA"
<ZAngeles@sempra.com>, "Schavrien, Lee" <LSchavrien@sempra.com>, "Reed,
William" <WReed@sempra.com>, "Brill, Thomas R." <TBrill@sempra.com>, "Van
Lierop, Jan - TP2JXV" <tp2jxv@socalgas.com>, "Smith, Anne S. - TPASS"
<ASmith@sempra.com>, "Harrigan, James P. - TP1JPH" <JHarrigan@socalgas.com>,
"Surak, Thomas M. - TP1TMS" <TSurak@socalgas.com>, "Fair, Pam"
<PFair@SDGE.com>, "Sakarias, Wayne P." <WSakarias@SDGE.com>, "Purves, Ralph
A." <RPurves@SDGE.com>, "Fong, Ed" <EFong@SDGE.com>, "Angeles, Zenee G. -
TPZGA" <ZAngeles@sempra.com>, "Van Lierop, Jan - TP2JXV"
<tp2jxv@socalgas.com>, "Wright, Gillian - TP1GXW" <GWright@sempra.com>,
"Rawlings, Roy - TP4RMR" <RRawlings@socalgas.com>, "Reed, Debra L. - TP3DLR"
<TP3DLR@socalgas.com>, "Stewart, Lee M. - TP4LMS" <TP4LMS@socalgas.com>,
"Takemura, Earl - TPEKT" <ETakemura@socalgas.com>, "Gaines, Mark - TPMFG"
<MGaines@socalgas.com>, "Teeter, James S." <JTeeter@SDGE.com>, "Hay, James
E." <JHay@sempra.com>, "Suwara, J.- TPJUS" <JSuwara@sempra.com>, "Watson,
Steven - TP2SAW" <SWatson@socalgas.com>, "Betonte, Robert - TP2RSB"
<RBetonte@socalgas.com>, "Beamish, Richard - TPRMB" <RBeamish@sempra.com>,
"Davis, Steven D." <SDavis@SDGE.com>, "Davis, Robert E."
<REDavis@sempra.com>, "Cotton, Gary" <GCotton@SDGE.com>
Subject: FW: Gas Industry - Comprehensive Settlement for SoCalGas and SDG& E

Attached for your review are copies of the settlement documents that were
filed today in the Gas Industry Restructuring/Natural Gas Strategy
proceeding, including the Motion for Approval of the Comprehensive Settlement
that is supported by thirty signatories to the Comprehensive Settlement, the
Comprehensive Settlement document itself, and the various appendices to the
settlement.? Because a number of the declarations and signature pages are not
yet available electronically, they have not been included with this note.?
Hard copies of the Comprehensive Settlement, including all declarations and
signature pages, are being shipped tonight via US mail to all parties on the
service list.? Additional printed copies should be available within the next
day or so and I will make them available to all of you - just let me know how
many copies you need.

I would like to thank all of the parties who participated in this settlement
process.? You have all devoted considerable time, resources and spirit in the
preparation of this document - and it shows.? We now have a settlement before
the Commission that includes ratepayer advocates, commercial and industrial
customers, electric generators, marketers, shippers, independent storage
providers,? gas suppliers,? producers, utilities, aggregators, pipeline
companies, wholesale customers, municipalities, and retail mass marketers,
among others.?

While we should be proud of our accomplishment, we now must turn to the task
of getting our testimony ready by May 5 deadline.? Assignments have already
been made and I will schedule a conference call later this week to discuss
related details.? So much for resting on our laurels.? Once again, thank you
all for an outstanding accomplishment.

 <<ld2d-#69366-1.DOC>>  <<ld2d-#69345-1.DOC>> ?  <<ld2d-#69397-1.DOC>>
<<ld2d-#69396-1.DOC>>  <<ld2d-#69377-1.XLS>>  <<ld2d-#69381-1.DOC>>
<<ld2d-#69366-1.DOC>>  <<ld2d-#69336-1.XLS>>  <<Primary Rights 4-12 .doc>>
<<ld2d-#69334-1.DOC>>  <<ld2d-#69345-1.DOC>>

 - ld2d-#69366-1.DOC
 - ld2d-#69345-1.DOC
 - ld2d-#69397-1.DOC
 - ld2d-#69396-1.DOC
 - ld2d-#69377-1.XLS
 - ld2d-#69381-1.DOC
 - ld2d-#69366-1.DOC
 - ld2d-#69336-1.XLS
 - Primary Rights 4-12 .doc
 - ld2d-#69334-1.DOC
 - ld2d-#69345-1.DOC


<<3MMP10!.DOC>>
Phillip,

Enclosed please find the First Amendment to Contract for your review and
execution.  Please sign the Amendment at your earliest convenience and fax a
copy to me at (512) 370-2850.  Please overnight the original to me at the
address below.  If you have any questions or concerns, please contact me at
(512) 370-2836.  Thanks.

Michelle L. Simpkins
Winstead Sechrest & Minick P.C.
100 Congress Avenue, Suite 800
Austin, Texas  78701
(512) 370-2836
(512) 370-2850 Fax
msimpkins@winstead.com

 - 3MMP10!.DOC


so according to your analysis, had we been at $2.5 gas and we were not
bordering on a recession, we would have had the highest AGA number of
recorded history for this week, last week, or next week by 15 bcf?  seems a
little far fetched to me.  Our analysis is saying: gas at 2.50 we would have
had 4.5 bcf a day more demand.  that includes commercial residential
industrial switching processing...
as far as 2 bcf/d  power gen demand- that counts the fact that last year was
extremely mild versus expectation of normal summer this year, west will be
running every gas unit virtually all hours as power demand is growing maybe
5% still and hydro way down.  every molecule that can will flow west from
waha this summer versus little last year.  east power prices really havent
reached point of priceing out demand and heat rates healthy enough to where
gas can go up without raising power prices to cut demand.  some concern of
more efficient replacing less but hard to quantify.  we're trying to build
the stack now to estimate.
frac margins now positive for all but most inefficient processors.  will
continue coming back.  a little concerned about 2 oil prices.  bordering
right there now for places like florida and actually saw fl demand rise
100,000 last week as gas got to parity.
let me look into inj capability.  definitely bigger when field is empty from
engineering standpoint so any problems really wont arise until fall when gen
demand low and inj capacity lower...my initial thoughts.
bo seems as neutral as everyone else in the market right now.  really
inactive.
to clarify, not raging bull.  i like everybody want to see what the inj
numbers in april look like.  nobody putting a position on until that starts
to clarify.  just think that hedging demand is making market a little short
right now making next move up more likely.  would be scale up seller though
not really sure why cash trades at 10-15 back.  doesnt make any sense.
however as more fields start turning around throughout month, the stg arb to
great in my opinion to keep spread there.  must close one way or the other.
notice that spread tightened to 6-8 towards end of trading friday?
in general think that gas is reaching the elasticity stage right here.  50
cents lower and no switching, no processing, and gain back some demand.
market needs to see some big stg numbers first.
i think the best play right now is to start buying longer  term put spreads.
Jan 4/3.5 look great to me.  if we get back to 2.8 and don't match last
year's early weather, bombs away.

slafontaine@globalp.com on 03/03/2001 07:03:14 AM
To: jarnold@enron.com
cc:
Subject: friday

this doesnt allow for new generation demand-which is unclear cuz it requires
power px, also doesnt accrue for more eficient gen replacing inneficient,
weather of course. but 2bcf/d sounds hi-esp shudnt happen until loads peak in
july-shud be marginal in apr-jun
   if you notice im not alot diff than your guys-4.6 demand destruction is
implied but im including a factor for R/C energy conservation-ie poor guys
like
me turning lites off and thermostat down-its making a difference- that will be
less factor in shoulder demand months-reason why i think y on y s&d swing will
be closer to 5 bcf apr-jun, if px doesnt fall and electricity spikes i think
we'll see conservation return cuz i wont turn on my air cnditioner
     now rember the 7.4 is vs gas at sub 6.00 ie february which is approx
where
we are today
    all that being said yes some demand has come back-but it is as i consider
extraordinary demand destruction-those things which never really have occured
before-like the level for fuel switching in jan and fractionation margins(ie
liquids) which were all non existent a year ago save for residual fuel. some
ammonia/fert prod  has come back as well. but when you get down to 2 -3 bcf/d
industrial in the more i think of it-may not be destruction anymore as mucha
unction of an economic slowdown.
    anyway -i think i only know two guys that are bearish-me and one of your
big
fund customers(ospraie). we'll see.  is collins bullish as well-he seems
quieter
in the mkt lately.
  heres another one-what you guys think the industry capacity for injection is
on a weekly basis? we sud test it...in other words if the max is say 105 then
means the basis will uttery colpase on daily cuz mkt will keep futs too hi and
be unable to inject all the gas available? thots
    also, you any idea why cash at the hub alway seems to hold a 10-15 ct
discount lately daily vs next month futs? why not 5 or 30 cts? i dont get it
bt
wondering if its transportation or storage cost related.
  have a good weekdn my man

---------------------- Forwarded by Steve LaFontaine/GlobalCo on 03/03/2001
07:38 AM ---------------------------

From: Steve LaFontaine on 03/01/2001 05:01 PM

To:   sulliacd@bc.edu, Terry Sullivan/GlobalCo@GlobalCo
cc:
Fax to:
Subject:  friday

i think you are done with hhd/cdd stuff -ie did you complete the cdds vs
utilites demand? also monthly hdds vs residential and commercial
demand?(combined)?, cdds vs total stock change??
 if all these are done add them to the summary sheet in usable formula
form-ill
show you what i mean

then we start our price data base from bloom berg

check this out-using the regression you did for nov-march 99/00 came to a draw
of 155 with 195  gw hdds, i decreased the draw by the amount i beleive is the
y
on y supply demand swing. ie 1.5 bcf prod
                                                  1.1  bcf./d import
                                                   3 bcf/d industrial
                                                    1.16 fuel switching
                                                    .5 ngl neg processing
                                                   1.3 r/c conservation

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

=7.4* 7=103 aga came in at 101, so excellant, back testing vs the week prior
cam
to 81, vs aga 81!!!
nt bad-is a very bearish s&d is this continues cuz says injections will be
enoromous in the spring


HERE'S MY REPLY


Regards,

Chip Schneider
713-853-1789
3AC 1418


Kellie,

PG&E will probably try to bill us for parking a volume of 10,263 for August 8
and 9 at $.03/Mmbtu each day.  Please do not pay this charge when we receive
this invoice.  PG&E was unable to make deliveries into El Paso because of
high sulfur content in their gas and is trying to charge us with a parking
charge for gas that they could not deliver.  Please let me know if you need
any additional information.  Thanks.


got your message and sorry i didn't get back to you.  wanted to thank you very much for taking the time on such short notice, and, from what I've heard from others, for having done an outstanding job.  Thanks again.  And yes, we'll take the victories when we can get them.

Best,
Jeff

-----Original Message-----
From: BCragg [mailto:BCragg@GMSSR.com]
Sent: Tuesday, November 20, 2001 11:53 AM
To: 'jdasovic@enron.com'
Cc: MDay
Subject: FW: A00-11-038 - November 19, 2001 Volume 43

FYI, here is the transcript from yesterday hearings.  The pitch was made at
the beginning, and the ruling was made after the first break.
Brian
-----Original Message-----
From: Garcia-Bacon, Rebecca [mailto:bb1@cpuc.ca.gov]
Sent: Tuesday, November 20, 2001 9:39 AM
To: 'bcragg@gmssr.com'
Cc: REPORTING
Subject: A00-11-038 - November 19, 2001 Volume 43

Attached is the electronic version of the proceeding of November 19, 2001.
Please let me know if you want a hard copy of it. Thank you.

Rebecca Bacon
Reporting Section
(415) 355-5550 <<111901.DOC>>


======================================================
        VENTUREWIRE --- Friday, September 15, 2000
======================================================
           Private Company Business News
------ Published Daily by Technologic Partners -------
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======================================================

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o Net Forms Developer Cardiff Raises $10 Million
o Nutripeak.com Gets $5 Million Series B, Acquires eNutrition
o Orsus Solutions Raises $20 Million in Strategic Third Round
o Partner Manager Allegis Gets $26 Million in Mezzanine Funds
o TelePacific Communications Adds $19 Million To Third Round
o Web Enabler ChinaCast Technology Gains $28.6 Million
o E-Business Resource India.com Raises $11 Million Round
o Security Provider Amsec Raises $3 Million in Series C
o Wireless Entertainment Firm Digital Bridges Gets $14 Million
o Education E-Transaction Firm KawamaCommerce Gets Funds
o VentureWorx Takes 3% Stake in Management Firm Vertical Think

     New Products:
o Digital Delivery Provider Etems Networks Launches
o ASP Provider OnShare Launches File Sharing Service
o Direct Marketing Management Firm Screen4me Announces Launch
o Steel Industry Trading Platform FerrousExchange Launches

     M&A:
o SOC Producer Cygnal Acquires IP Core Provider SiLogiX
o Chinese Internet Portal Sohu.com to Acquire ChinaRen.com
o Elderly Care Manager CareGuide Buys Senior Care Review

     New Directors:
o Redback Vice Chairman Named Chairman of Telenisus
o Education Service Provider LearnSomething Adds Two to Board
o Two Board Members Join Directory Assistance Firm, infoUSA
o Sci-Fi, Fantasy, Horror Fan Site Fandom Elects Board Member

     New People:
o Wireless Multimedia Firm ShareWave Names CEO and President
o E-Commerce Company MarketMile Hires New President and CEO
o Former CFO of Buystream Joins Linux IT Firm Nitrosoft as CEO

     VC Fund News:
o Consultant Summa Technologies Forms Summa VentureWorks
o Lattitude Partners Closes $60 Million Technology Fund

     VC Personnel:
o Former Lucent Optical Group Head Joins Clarity Partners

     VW Corrections:
o Daedalus Venture Group
o MinorityInterest Network

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======= Top Stories =======

o Baltimore Acquires Content Technologies For $992 Million

LONDON -- Baltimore Technologies, a publicly traded
online security company, said it acquired Content
Technologies Holdings, developer of MIMEsweeper
network security products. Baltimore is offering
91 million of its shares in the all-stock transaction.
The acquisition is valued at $992 million. Content
Technologies products enable organizations to implement
policies protecting them against confidentiality
breaches, exposure to e-mail legal liability, junk
e-mail, e-mail borne viruses, and misuse of e-mail.
Profitable since its inception, Content Technologies
raised a single $13 million round of funding from
private investors for expanded sales and marketing.
Investors in the round included Chase H&Q, Goldman
Sachs, a New York Teacher's Fund, PSINet, Advent
Venture Partners, and Rana.
http://www.baltimore.com/
http://www.contenttechnologies.com/
_____________________________________________

o Pseudo Programs in Search of Funding or a Buyer

NEW YORK -- Struggling Internet television network
Pseudo Programs is in need of cash and has been
seeking a buyer. David Bohrman, who joined the company
as chief executive officer early this year, said
Pseudo has spent the last month and a half trying
to raise funding and has been exploring the possibility
of being acquired. In June, Pseudo eliminated 16%
of its workforce, about 58 jobs, and reassigned
30 others to new production positions in a bid to
create a continuous live broadcast network. In May,
the company raised a $14 million round of funding
led by Defosses International, a media unit backed
by LVMH Luis Vuitton Moet Hennesy. Intel Capital
participated along with FD5 S.A., Prospect Street
Ventures, and Tribune Ventures. Pseudo has received
additional backing from investors including Sycamore
Ventures, Big Wave Ventures, and Winfield Capital.
http://www.pseudo.com/
_____________________________________________

o Birchmere Closes $75 Million IT Fund with $50 Million

PITTSBURGH -- Birchmere Ventures II, a venture capital
fund focused on companies based in western Pennsylvania
and the rest of the Mid-Atlantic region, said it
closed on $50 million to complete its $75 million
fundraising. The fund will be used for investment
in seed and early-stage information technology companies.
Birchmere Ventures II has invested in Internet business
software infrastructure firm Cerelbellum Software;
Lightningcast, a streaming media market firm; and
ServiceWare Technologies, a provider of an Internet-based
service platform that went public in August. The
fund is managed by Sean D.S. Sebastian, Gary G.
Glausser, and Ned Renzi.
http://www.birchmerevc.com/
_____________________________________________

o eStyle Bucks Anti E-tailer Trend with $25 Million Financing

LOS ANGELES -- eStyle, an online retailer of maternity
clothing, nursery furnishings, baby gear, and other
gifts and products related to maternity and childraising,
said it raised $25 million in fourth-round funding.
The funding comes at a time when many private equity
investors have shied away from online retail businesses
because of questions concerning their business models.
The round was led by Primedia, with participation
from eStyles prior investors, which include Zone
Ventures, Oak Investment Partners, Vulcan Ventures,
and Goldman Sachs. The company has raised approximately
$85 million to date and may raise additional funds
from a yet-to-be-named strategic partner in the
months ahead.
http://www.estyle.com/
_____________________________________________

o Convergent Investors Closes $64 Million High-Tech Fund

AUSTIN, Texas -- Convergent Investors, a Texas-based
venture capital investment group, said it has closed
a $64 million fund, Convergent Investors VI. The
company said it will invest in early stage high-tech,
telecommunications, e-commerce, and transaction
oriented businesses. Typical investment size will
be between $1 million and $5 million. The managing
partners are: Jimmy Mansour, Brian Smith, Willard
Hanzlik, John Chaney, Robert Gauntt, Steve Shaper
and Henry James. Convergent participated in Isochron
Data's $12 million first round in August.
http://www.convergentinvestors.com/
_____________________________________________

o Former 49er Footballer Jones Joins ASP WebAgencies' Board

SAN JOSE, Calif. -- WebAgencies.com, an application
service provider serving the insurance agent community,
said Brent Jones, a former member of the San Francisco
49ers football team, has joined its board of directors.
Mr. Jones is an investor in the company. Since retiring
from professional sports, Mr. Jones has founded
University Technology Ventures, a venture capital
firm that works with venture capital firms and universities.
WebAgencies is backed by individual investors.
http://www.webagencies.com/

======= New Money =======

o Launch, $3 Million Seed Funding for Semiconductor Firm Quake

OTTAWA, Canada -- Quake Technologies, a semiconductor
start-up, said it launched with $3 million in seed
round funding from Brian Protiva, chief executive
officer of ADVA Optical, JDS Uniphase and other
undisclosed individual investors. The company said
it will use the funds to expand its engineering
team and for overall expansion.
http://www.quaketech.com/
_____________________________________________

o Mobile Device Software Firm Mobli Has $2 Million First Round

COPENHAGEN -- Mobli, a Los Angeles-based publisher
of software for mobile devices, said it raised approximately
$2 million in its first round of funding. BHS Holding
and the Kampsax group of companies funded the round
along with individual investors including Heather
Hazard, a business professor at the Copenhagen School
of Management; Hiroshi Mikitani, founder and CEO
of Rakuten; and Oliwer Samwer, co-founder of of
Alando. The company plans to expand its operations
into Germany and Japan.
http://www.mobli.com/
_____________________________________________

o Online Bond Marketplace eBond Raises $1 Million Seed Round

NEW YORK -- eBond Securities, which provides individual
and small institutional investors with proprietary
methods to trade fixed income securities online,
said it has secured $1 million in funding from individual
investors. The company said proceeds of the round
will be used for the launch of additional products.
http://www.ebond.com/
_____________________________________________

o SIP Software Firm Indigo Software Gets $4 Million Round One

ATLANTA -- Indigo Software, which develops software
based on session initiation protocol (SIP), said
it raised $4 million in its first round of funding.
The round was led by Sofinnova Ventures and included
an investment from Belgian investor GIMV. The company
intends the resulting alliance to reinforce its
position on both sides of the Atlantic. The company
said the funding will be used for continued product
development. Sofinnova said the funding is its first
investment in a company focused on session initiation
protocols.
http://www.indigosw.com/
http://www.sofinnova.com/
http://www.gimv.com/
_____________________________________________

o Software Developer For Internet Protocol Raises $1.5 Million

COIMBATORE, India -- Amoeba Telecom, a telecommunications
software company developing management solutions
for data, voice, and video protocols, said it raised
$1.5 million in its first round of funding. Investors
in the round included GE Equity and Intel Capital.
The company said it will use the funding for product
development, global marketing, and office expansion.
As a result of the investment, Punit Bhatia, head
of GE Capital India, will take a seat on the board
of directors for Amoeba Capital.
http://www.amoebatel.com/
_____________________________________________

o Swedish Arm of eWork Exchange Gets First Round Funding

SAN FRANCISCO -- eWork Exchange said its Swedish
operation, also called eWork Exchange, received
an undisclosed amount of funding from new investor
Telia Business Innovation, a venture capital firm
in the Swedish telecommunications group Telia. Telia
Business Innovation now holds a 20% stake in the
company, which operates an online service that pairs
companies and high-level project workers. The U.S.-based
eWork Exchange is backed by eCompanies Venture Group,
ETF Group, Storie Partners, and funds associated
with DeutscheBanc Alex. Brown. In November, the
company plans to open a U.K. branch.
http://www.ework.se/
_____________________________________________

o Waveguide Developer Teem Photonics Gets $31 Million

GRENOBLE, France -- Teem Photonics, a developer
and manufacturer of active and passive optical waveguide
components, said it received $31 million in funding
from Baker Capital and Weiss, Peck & Greer Venture
Partners. The company plans to use the funds for
product development and to open a U.S. subsidiary
by the end of the year. Previous investors are Banexi,
Innovacom, Sudinnova, Schneider Electric, Radiall,
and National Polytechnic Institute of Grenoble.
http://www.teemphotonics.com/
_____________________________________________

o Cogency Semiconductor Takes $20 Million in Round Two

OTTAWA -- Cogency Semiconductor, a provider of semiconductors
for the home networking market, said it raised $20
million in its second round of funding. Celtic House
International, VenGrowth, and Working Ventures Canadian
Fund invested in the round. The company will use
the funding for research and development, recruiting
additional staff, and for sales and marketing. Cogency's
products enable high-speed digital data transmission.
http://www.cogency.com/
_____________________________________________

o Content Site InvestorForce.com Raises $52 Million Series D

WAYNE, Pa. -- InvestorForce.com, which provides
content to the institutional investment industry,
said it secured $52 million in a Series D funding
co-led by new investors California Public Employees'
Retirement System (CalPERS) and Thomas Weisel Capital
Partners. Previous investors Internet Capital Group,
Mellon Ventures, and Merrill Lynch also contributed
to the round. Derek Lemke, a partner at Thomas Weisel
Capital Partners, was added to the company's board
of directors, which now stands at 15. The funds
will be used for product development.
http://www.investorforce.com/
_____________________________________________

o Strategic Management Group Raises $50 Million Second Round

PHILADELPHIA -- Strategic Management Group (SMG)
and its online division, SMGnet,  a provider of
consulting, instructional design, business simulations,
and content services for technology-based companies,
said it raised $50 million in its second round of
funding from previous investor Behrman Capital.
SMG was founded in 1981. The company said the funds
will be used for product development and for expanding
its sales force.
http://www.smginc.com/
_____________________________________________

o $9.6 Million Round Two for Disk Storage Firm NanoMagnetics

BATH, England -- NanoMagnetics, which develops storage
capacity technologies for disks using protein coating
for magnetic nanoparticles, said it raised GBP 6.7
million ($9.6 million) in its second round of funding.
The round was co-led by new investors UBS Capital,
Formula Ventures, and BankAtlantic Financial Ventures.
Interregnum, another new investor, joined previous
investors Prelude Trust, Amadeus Capital, and Cambridge
Research and Innovation in completing the funding.
The company said it will use the funding for the
development of a new research and development facility
and to bring the company's technology to market.
Greg Lockwood of UBS Capital, and John Abob of BankAtlantic
Financial Ventures will take seats on the NanoMagnetics
board of directors.
http://www.nanomagnetics.com/
_____________________________________________

o Cube8.com To Invest Up To $7 Million in Telecom Firm Corex

LONDON -- Cube8.com, a technology, media, and telecommunications
incubator, said it will invest up to GBP 4.9 million
($7 million) in Corex Networks, a provider of Internet
protocol technology aimed at reducing cost and enhancing
functionality for call centers. The company is currently
negotiating an agreement with British Telecom. Cube8.com
will make an initial investment of $700,000 for
a 14% equity stake in the company. Cube8.com has
the option to increase its holdings to 20% over
a two year period with a mixture of cash and stock.
The company said it will use the funding to develop
the product for a commercial launch. John Winfield,
finance director of Cube8, will take a seat on the
Corex Networks board of directors as a result of
the investment.
http://www.corexnetworks.com/
http://www.cube8.com/
_____________________________________________

o IT Training Firm IQdestination Raises $7 Million Series B

DENVER -- IQdestination.com, which offers both online
and classroom-based information technology training,
said it closed a $7 million Series B round of funding.
The round was led by Access Partners and included
additional investments from meVC Draper Fisher Advisors,
Quest Capital Partnership, SV Equity Growth Fund,
and Raeder Venture Fund. The company said it will
use the funding to increase its sales force, continue
to develop its product, and to expand the company's
technology infrastructure. Frank Mendicino of Access
Partners, and David Link of Quest Capital Partnership,
will both take seats on the IQdestination.com board
of directors.
http://www.iqdestination.com/
_____________________________________________

o Net Forms Developer Cardiff Raises $10 Million

SAN DIEGO -- Cardiff Software, a creator of online
electronic forms and personalized interaction products,
said it has raised $10 million in an investment
round led by Dicom Group, a supplier of software
and consulting services. Joining Dicom were Adobe
Ventures and HarbourVest Partners, a private investment
organization that has previously invested in Cardiff.
The company said it would use the funds for late
stage development and to grow sales of its new online
products.
http://www.cardiff.com/
_____________________________________________

o Nutripeak.com Gets $5 Million Series B, Acquires eNutrition

LOS ANGELES, Calif. -- Nutripeak.com, a storefront
and Internet retailer of branded nutritional supplement
products based in Culver City, Calif., said it raised
$5 million in its Series B round of financing. Lead
investors in the financing include Brentwood Associates
IX LP, idealab! Capital Partners II-B and Entertainment
Media Ventures, LLC. The company said the funds
will be used to accelerate the roll-out of additional
retail stores. Along with the funding announcement,
Nutripeak.com said it has acquired Woodland Hills,
Calif.-based eNutrition, an online retailer of nutritional
supplements, vitamins, minerals, herbs, sports nutrients,
and a variety of natural body care products, in
a stock-for-stock transaction. Financial terms of
the agreement were not disclosed. As a result of
the acquisition, Barry D. Blake, chairman and CEO
of Nutripeak, will be chairman and CEO of the combined
company, Nutripeak. Alex Lasbroas, president of
Nutripeak, will be president of the combined company.
Three eNutrition directors - Brian Atwood of Brentwood
Associates; Randolph Gale, former chairman and CEO
of eNutrition; and Eric Weider, president of Weider
Health and Fitness - will join Nutripeak's seven-member
board of directors.
http://www.nutripeak.com/
_____________________________________________

o Orsus Solutions Raises $20 Million in Strategic Third Round

SUNNYVALE, Calif. -- Orsus Solutions, which develops
and markets integration software and services for
electronic and mobile business, said it raised $20
million in a third round of strategic funding. The
round came from corporate investors including SingTel,
which provided $3 million for the round. The company
said it will use the funding for increased marketing
and the development of new products through expanded
research and development. Its first $8 million round
of investment was completed in 1999, followed by
a $40 million private placement in April 2000. The
company is based in Sunnyvale, Ca. with a research
and development center in Israel and an office in
London. Previous investors in the company include
Mogdal Technologies, Cedar Fund, Clal Industries,
and Koor Industries, along with individual investors
and other corporate entities.
http://www.orsus.com/
_____________________________________________

o Partner Manager Allegis Gets $26 Million in Mezzanine Funds

SAN FRANCISCO -- Allegis, a partner relationship
management company that enables firms to integrate
indirect sales and distribution channels, said it
raised $26 million in its mezzanine round of funding.
New investor J & W Seligman led the round, which
included new investor Amerindo Investment Advisors
and previous investors Benchmark Capital, Brinson
Partners, Charter Growth Capital, Chase Capital,
Credit Suisse First Boston, Integral Capital, Intel
64 Fund, and Pivotal Asset Management. The company
will use the funding to further develop its services.
Allegis also has backing from Chase Hambrecht &
Quist, Deutsche Banc Alex Brown, MSD Capital, Plantir
Capital, and Staenberg Ventures.
http://www.allegis.com/
_____________________________________________

o TelePacific Communications Adds $19 Million To Third Round

LOS ANGELES, Calif. -- TelePacific Communications,
a broadband telecommunications provider, said it
has raised an additional $19 million in its third
round, bringing total funding for the round to $144
million. The earlier portion of the round was raised
in April, with Investcorp as the sole investor.
New investors Hillman Co., which provided $10 million,
and Arena Capital Partners, which contributed $4
million, provided add-on funds, as did previous
investor GE Capital, which contributed $5 million
to this round. GE Capital had provided TelePacific
with a $50 million credit facility and a $10 million
equity investment in September of last year. To
date, TelePacific has raised more than $225 million.
The new investment will support expansion of the
company's network infrastructure and service areas
to several additional major U.S. metropolitan markets
through 2001. The investment will also fund expansion
of TelePacific's customer-support organization,
development and implementation of back-office systems,
and product development. The company also received
a $15 million investment in April of 1999 from Rader
Reinfrank & Co.
http://www.telepacific.com/
_____________________________________________

o Web Enabler ChinaCast Technology Gains $28.6 Million

HONG KONG -- ChinaCast Technology, an Internet infrastructure
enabler, said it raised $28.6 million from investors
Hughes Network Systems, Intel Capital and SUNeVision.
The company said it will use the funds to develop
and deploy its services. SUNeVision partner Daniel
Tseung has been appointed to the board of directors.
http://www.chinacast.com.hk/
_____________________________________________

o E-Business Resource India.com Raises $11 Million Round

NEW YORK -- India.com, which supplies Internet and
business-to-business information and services for
Indians in India and abroad, completed an $11 million
round of funding. Sycamore Ventures' AsiaStar IT
Fund led the round, along with the Kaufmann Fund
and funds affiliated with Primus Venture Partners.
The company said the financing will be used for
growth in its marketing and sales initiatives. India.com
is a subsidiary of World.com, an incubator that
is itself a wholly owned subsidiary of publicly
traded messaging provider Mail.com.
http://www.mail.com/
_____________________________________________

o Security Provider Amsec Raises $3 Million in Series C

MCLEAN, Va. -- Winston Partners, a private investment
firm, announced that Amsec International, which
provides security services to Fortune 1000 companies,
has closed a $3 million Series C funding round.
Winston said it joined with Arthur J. Gallagher,
an insurance brokerage firm, to lead the round of
funding as Amsec's primary institutional equity
investors. Amsec will use the proceeds to purchase
Validata, a pre-employment screening services firm,
and for working capital. Stephen Frey, a principal
at Winston, will join Scott Andrews, Winston's managing
director, on Amsec's board of directors.
http://www.amsecsolutions.com/
_____________________________________________

o Wireless Entertainment Firm Digital Bridges Gets $14 Million

FIFE, Scotland -- Digital Bridges, which develops
multimedia entertainment for wireless devices, said
it raised GBP 10 million ($14 million) in its most
recent round of funding. Apax Partners Funds and
Argo Global Capital financed the round. The company
said it will use the funds for its planned global
expansion. Digital Bridges has existing partnerships
with One2One and Vodafone in the U.K., France Telecom
Mobile, Omnitel in Italy, Telfort in the Netherlands,
Orange Switzerland, and others. As a result of the
investment, Stephen Grabiner of Apax Partners, and
Alan MacIntosh of Argo Capital have joined the company's
board of directors.
http://www.digitalbridges.com/
_____________________________________________

o Education E-Transaction Firm KawamaCommerce Gets Funds

SANTA ANA, Calif. -- KawamaCommerce, which provides
online business transaction services for school
districts, service agencies, and purchasing cooperatives,
said it has secured an undisclosed amount of funding
from Sylvan Ventures. The Sylvan investment follows
the company's $6 million Series A round of funding.
The company said it will use the funds for working
capital and growth. KawamaCorporation is also backed
by Ridgewood Capital and Ebyz.
http://www.kawamacommerce.com/
_____________________________________________

o VentureWorx Takes 3% Stake in Management Firm Vertical Think

CHARLOTTE, N.C. -- VentureWorx, an incubator company,
said it acquired a 3% equity stake in Vertical Think,
a consultation firm that helps businesses design
and launch Web sites, through the purchase of 25
million shares of common stock for an undisclosed
amount. VentureWorx said it will assist the company
with expansion, recruiting advisory and management
personnel, and marketing.
http://www.verticalthink.com/
http://www.ventureworx.com/

======= New Products =======

o Digital Delivery Provider Etems Networks Launches

BOSTON -- Etems Networks, a global networking infrastructure
provider, said it has launched. The firm will provide
a service in which content can be delivered universally
in electronic/digital form, with instant digital
delivery, installation, storage, and retrieval.
The firm is currently seeking a $70 million dollar
round of funding. The company is backed by individual
investors.
http://www.etems.com/
_____________________________________________

o ASP Provider OnShare Launches File Sharing Service

ITHACA, N.Y. -- OnShare, an application services
and technology provider of business-to-business
file sharing services, said its OnShare File Management
service application has launched. Onshare has developed
a technology that enables users to share files on
their hard drives with other users whom they specify
in an organized and secure way. OnShare said it
modeled the technology after file swapping applications
such as Napster. OnShare is backed by individual
investors and is currently raising its first round
of funding.
http://www.onsharenetworks.com/
_____________________________________________

o Direct Marketing Management Firm Screen4me Announces Launch

ATLANTA -- Screen4me, the creator of permission
marketing and privacy tools that aim to help consumers
control the direct marketing they receive, said
it launched. The company said its first product
guards users from unsolicited telemarketing, direct
mail, and spam e-mail. The company also announced
its board, which consists of Jim Hansberger, Sr.,
the founder of Hansberger Group; Eric Hartz, president
of ZapMedia; J. Walker Smith, president of Yankelovich
Partners; and Peter Trost, the CEO and president
of Holland & Knight. Screen4me is backed by Robinson-Humphrey
Co., and Intelligent Systems, as well as individual
investors from Bran RMG, Yankelovich Partners, Siebel
Systems, Boston Consulting Group, and Holland &
Knight. The company said it is raising its first
round of funding.
http://www.screen4me.com/
_____________________________________________

o Steel Industry Trading Platform FerrousExchange Launches

NEW YORK -- FerrousExchange, an online trading platform
for the steel industry, announced its launch. The
exchange allows buyers and sellers to make real-time
bids for products and offers auctions and request
for quotation platforms for steel products outside
of the commercial grades offered on the exchange.
FerrousExchange's investors include Ispat and Gilbraltar.
http://www.ferrousexchange.com/

======= M&A =======

o SOC Producer Cygnal Acquires IP Core Provider SiLogiX

AUSTIN, Texas -- Cygnal Integrated Products, which
designs, manufactures, and markets field-programmable
mixed signal system-on-chip (SOC) products, said
it acquired SiLogiX, a developer of silicon intellectual
property (IP) cores for the semiconductor and electronics
markets, for an undisclosed amount. Cygnal is backed
with over $15 million from Austin Ventures, JatoTech
Ventures, Cirrus Logic, Sanyo Semiconductor, and
several individual investors.
http://www.silogix.com/
http://www.cygnal.com/
_____________________________________________

o Chinese Internet Portal Sohu.com to Acquire ChinaRen.com

BEIJING -- SOHU.com, a Chinese Internet portal providing
e-mail, home pages, chat rooms, messaging, news,
search, browsing, and shopping services, said it
signed a definitive agreement to acquire ChinaRen.com,
a Chinese community Web site, for an undisclosed
amount. The companies said they expected to close
the deal in the fourth quarter. SOHU.com said the
deal will extend its reach as a pure Internet brand
aimed exclusively at the Chinese market. The three
founders of ChinaRen.com will join SOHU.com's management
team, while the workforce of the two companies will
be combined. Goldman Sachs is the lead institutional
investor in ChinaRen.com. Other backers include
KKR and Joho Capital.
http://www.chinaren.com/
http://www.sohu.com/
_____________________________________________

o Elderly Care Manager CareGuide Buys Senior Care Review

SAN FRANCISCO -- CareGuide, a provider of elderly
care management services through an integrated Internet,
telephony, and wireless communications platform,
said it has acquired Senior Care Review, another
care management company which provides assessments
and quality monitoring of facilities that care for
the elderly, for an undisclosed amount. The combined
company will deliver services to assist family members
in planing, evaluating, and selecting home care
or a care facility. CareGuide recently secured $10.6
million in its third round of funding led by Pequot
Capital Management and Nob Hill Capital Management.
CareGuide has raised $15 million to date.
http://www.careguide.com/

======= New Directors =======

o Redback Vice Chairman Named Chairman of Telenisus

CHICAGO -- Telenisus, which provides businesses
with managed Internet Infrastructure services such
as security, virtual private networks, and Web hosting,
said it has appointed Dennis Barsema as chairman
of its board of directors. Mr. Barsema was chief
executive officer of Redback Networks and is presently
the vice-chairman of Redback. Before joining Redback,
Mr. Barsema was vice senior vice president and general
manager of Centigram, a telecommunications company.
Telenisus is backed by Alta Communications, Bay
Partners, ABN AMRO Private Equity, BancBoston Ventures,
Metropolis Venture Partners, and Maroon Bells Capital
Partners.
http://www.telenisus.com/
_____________________________________________

o Education Service Provider LearnSomething Adds Two to Board

TALLAHASSEE, Fla. -- LearnSomething.com, an online
educational services provider, said Paul D. Eurek,
former founder and CEO/President of Compris Technologies,
and Anne-Lee Verville, author of "What Business
Wants from Higher Education" and former general
manager of IBM's Global Education Industry, have
joined its board. This brings the total number of
directors to eight. Investors in LearnSomething.com
include individual investors and Noro-Moseley Partners
of Atlanta.
http://www.learnsomething.com/
_____________________________________________

o Two Board Members Join Directory Assistance Firm, infoUSA

FOSTER CITY, Calif. -- infoUSA.com, online provider
of white and yellow page directory assistance services,
said it named Robert J. Korzeniewski, chief financial
officer of Network Solutions, and Larry Kramer,
founder, chairman and CEO of MarketWatch.com, to
its board of directors. infoUSA.com is majority
owned by publicly traded  infoUSA and has received
backing from meVC Draper Fisher Jurvetson Fund I,
GM Capital Investment Management, Trident Capital,
and Yahoo.
http://www.infousa.com/
_____________________________________________

o Sci-Fi, Fantasy, Horror Fan Site Fandom Elects Board Member

SANTA MONICA, Calif. -- Fandom, an online site providing
science fiction, fantasy, and horror entertainment
content, said that Sam Fernandez, the senior vice
president and general counsel for the Los Angeles
Dodgers, has joined its board of directors. Mr.
Fernandez also has been on the board of directors
of Major League Baseball properties and Major League
Baseball Enterprises. Mr. Fernandez joins current
Fandom board members Jeff Sagansky of PAX TV, Brad
Jones of Redpoint Ventures, James D. Robinson IV
of RRE Ventures, Gary Adelson of East/West Ventures,
and Fandom CEO Mark Young.
http://www.fandom.com/

======= New People =======

o Wireless Multimedia Firm ShareWave Names CEO and President

EL DORADO, Calif. -- ShareWave, which provides technology
for wireless multimedia home networking, said it
has appointed E. Jock Ochiltree as its president
and CEO. ShareWave's acting president and CEO, Bob
Bennet, a co-founder of the company, will now serve
as vice president of corporate marketing and business
development. Before joining ShareWave Mr. Ochiltree
was president and COO of Information Storage Devices
(ISD), a global supplier of integrated circuits
for communications and consumer applications. ShareWave
is privately-held and backed by a number of investors
including APV Technology Partners, Cisco Systems,
Draper Richards, Intel Corporation, Kyushu Matsushita
Electric, Microsoft, Philips Electronics, SBC Communications,
Softbank Technology Ventures, Vulcan Ventures, and
individual investors.
http://www.sharewave.com/
_____________________________________________

o E-Commerce Company MarketMile Hires New President and CEO

MOUNTAIN VIEW, Calif. -- MarketMile, a business-to-business
e-commerce company, said it has appointed Gayle
Sheppard as president and CEO. Ms. Sheppard spent
the past nine years at J.D. Edwards & Company, a
supplier of business software services and products,
at a number of positions. Before her tenure with
J.D. Edwards, Ms. Sheppard served in sales and consulting
management roles in the technology industry. MarketMile
is backed by American Express and Ventro Corporation.
http://www.marketmile.com/
_____________________________________________

o Former CFO of Buystream Joins Linux IT Firm Nitrosoft as CEO

OTTAWA -- Nitrosoft Linux, an IT Infrastructure
management company, said it has appointed Mark Scott,
as its chief executive officer. He will replace
Larry Poirier, who has been promoted to chairman
of the board. Mr. Scott was CFO and COO of Buystream
and a founding partner of Non-Linear Ventures.
Individual investors back Nitrosoft Linux, which
raised $1 million in its first round of funding.
The company said it is currently seeking institutional
investments.
http://www.nitrosoft.com/

======= VC Fund News =======

o Consultant Summa Technologies Forms Summa VentureWorks

PITTSBURGH -- Summa Technologies, which provides
technology consulting services for companies building
large-scale Internet and intranet-based applications,
announced the formation of Summa VentureWorks, its
venture capital investment arm. The company said
it plans to invest in high-tech startups and people
or companies that have an idea for a technology
or product but may unsure of how to apply it. Summa
said it will provide its portfolio companies with
consulting services as well. Summa also announced
it made its first investment for an undisclosed
amount in Laminar Software, a developer of e-commerce
performance monitoring tools.
http://www.summa.com/
_____________________________________________

o Lattitude Partners Closes $60 Million Technology Fund

TORONTO -- Latitude Partners, a financial firm focused
on the technology, Internet and communications sectors,
said it has closed its $60 million Longitude Fund
Limited Partnership, a merchant-banking fund dedicated
to the technology, Internet, and communications
sectors. OMERS, the Canadian Medical Protective
Association, Celtic House, and several large institutions
and individuals provided funding. The fund will
undertake proactive, merchant-banking style investments
such as refinancings, buyouts, spinouts, privatizations,
acquisition financings, and strategic investments
in both private and public technology firms in Canada
and the U.S. The fund will invest anywhere from
$5 million to $10 million in these companies.
http://www.latitudepartners.com/

======= VC Personnel =======

o Former Lucent Optical Group Head Joins Clarity Partners

LOS ANGELES -- Clarity Partners, a private equity
firm, said it has named Harry Bosco as partner.
Mr. Bosco was most recently the president of Lucent
Technologies' optical networking group. Prior to
Lucent's spinoff from AT&T, Mr. Bosco occupied a
number of executive positions at Bell Labs and AT&T
Networking Systems. Clarity Partners invests in
communications, emerging media, and related technologies.
 http://www.claritypartners.net/

======= VW Corrections =======

o Daedalus Venture Group

NEW YORK -- A story in yesterday's VentureWire on
the Daedalus Venture Group  incorrectly listed the
firm's URL. The correct URL is http://www.daedalusventuregroup.com.

_____________________________________________

o MinorityInterest Network

NEW YORK -- Due to incorrect information provided
by the company, an item in the September 12 edition
of VentureWire regarding the launch of MinorityInterest
Network incorrectly cited CEA Latin America as an
investor in the company. An individual from CEA
Latin America, not the firm itself, made an investment
in MinorityInterest Network.

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Technologic archives. Subscribers get free access to five years
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to business-to-business commerce. To see what's available, try
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Entire Contents Copyright 2000 by Technologic Partners
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=====================================


The following are the NEW (**) and significantly UPDATED items on this report:

IOWA
*   INU-00-1  IUB rules review per Executive Order Eight - Final plan adopted
** SF 2213 -  Expands provisions of SF 2155 allowing landowner to require
pipeline representative to be present during
                         certain farmland improvement activities
** SF 2261 -  Amends Iowa's condemnation laws -  Introduced, but died in
committee

MINNESOTA
** HF 591 - Condemnation laws - extends from 90 days to 1 year the notice
required for a property taking

NEW MEXICO
*   SB 159 - Electric coop regulation - coops continue to seek gubernatorial
approval, despite merger approval
** Utility Case 2989 - NMPRC approval of Tri-State and Plains coops merger


Patrick,
See if you can help this guy.  I don't have access to Denver deals.
DG
---------------------- Forwarded by Darron C Giron/HOU/ECT on 12/13/2000
02:53 PM ---------------------------

Genaro Mendoza@ENRON
12/13/2000 10:13 AM
To: Darron C Giron/HOU/ECT@ECT
cc:
Subject: TAGG # Needed

Darron,

 Can you provide me with a TAGG # for deal # 307287 (10/00 purchase from
Dynegy Marketing & Trade - Denver Desk)? The economics report has XXX.

Thanks,
Genaro


Does this sound familiar?
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 02/08/2000
02:51 PM ---------------------------

	Enron North America Corp.

	From:  Jeff Harbert                           02/08/2000 02:03 PM

To: Jarrod Cyprow
cc: Sara Shackleton/HOU/ECT@ECT
Subject: Draft Lumber Swap

Jarrod,

Please prepare a draft ISDA swap agreement with the attached terms.  Our
lumber group is needing this for their negotiations with Stora as soon as
possible.
It is my understanding the two companies are getting close to finalizing the
ISDA.
As we discussed, a template for settling lumber swaps using the CME Lumber
contract average last 3 trading day settle will be required.
If you need anything further or need clarification of anything, please call
me to discuss.

JH.


is attached. I appreciate everyone's patience in waiting for it, but as you
will see alot needed to be changed based upon the parties' discussions.  The
revised agreement contemplates attaching as Schedule 5 coal testing and Btu
adjustment provisions which I would prepare based upon whatever Enron
engineers come up with on these issues.

Please note that I have incorporated the insurance provisions that were just
e-mailed to me, but they require some cleaning up.

Please also note that contrary to what we were saying yesterday, the
respective owner's would not be able to execute the O&M agreements on Monday
because Enron would not control those entities then.  Only when the closing
occurs and Enron takes control of the 2 owners would they have the authority
to sign on behalf of those entities.

In any event, as I mentioned yesterday, my home number is (713) 780-9122. If
you cannot reach me at work, please try me there.  Best regards.

David W. Locascio
Bracewell & Patterson, L.L.P.
711 Louisiana, Suite 2900
Houston, Texas  77002-2781
phone: 713.221.1396
fax:      713.221.2134
email: dlocascio@bracepatt.com

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

 - OPERATION AND MAINTENENCE AGREEMENT.doc


Just wanted to thank everybody who works with Mobil Beaumont Refinery.

Our former three year deal with them expired September 30.  Last week, we
(finally) executed a new contract that keeps HPL as their largest natural gas
supplier through September 30, 2002.  Also, when their volumes go up in early
2001, they will once again be HPL's single largest industrial customer.

Everybody's hard work in keeping this customer happy has paid off.  Although
they can be very demanding to work with (particularly now that they are part
of Exxon), they know that HPL provides them the best overall service.

Please pass on thanks to anyone I've left off the list who has worked with
Mobil Beaumont Refinery.

Have a great 2001.

Lee Papayoti
713-853-5923


Attached please find the 2000 Weekly Cost Summary for activity through
3/17/00.  If you have any questions, please give me a call.  Thanks Amy
3-7805


This meter is coming back up by 5M effective today, they are bringing their
unit back up.

Mary


The meeting has been moved due to conflict with Greg Cordell's schedule.  The
meeting will be held on Wednesday from 2:00 - 3:00pm in EB751.

Thank you.

---------------------- Forwarded by Christina Jasso/HOU/EES on 03/13/2001
04:29 PM ---------------------------

Xochitl-Alexis Velasco
03/13/2001 03:42 PM
To: Greg Cordell/HOU/EES@EES, Jodi Thrasher/HOU/EES@EES, Gerald
Nemec/HOU/ECT@ECT, Andrew Miles/NA/Enron@Enron
cc:
Subject: StageCoach Gas and Power Contracts meeting.

Please plan to attend a meeting tomorrow, March 14 at 9 am CST in eb 749a.
Thanks Xochitl Velasco


---------------------- Forwarded by Kori Loibl/HOU/ECT on 09/22/2000 05:01 PM
---------------------------

From:  Stephanie Sever
     09/22/2000 04:07 PM

To: Kori Loibl/HOU/ECT@ECT, "Allett" <AAllett@springhillcamps.com> @ ENRON,
DANA BOYLE@chase.com, "Gallegos, Kelli K" <Kelli_Gallegos@AIMFUNDS.COM>,
robin.robert@ss.ps.ge.com, jamick3643@aol.com, talgar@tomsawyer.com, Angela
Connelly/LON/ECT, "BigTex Sports" <bigtex@bigtexsports.com> @ ENRON, "Bryan
gossett" <bgossett@athletics.tamu.edu> @ ENRON, Lauren Coleman
<lcoleman@castledental.com>, Sherlyn Schumack/HOU/ECT@ECT, Alfonso
Trabulsi/HOU/ECT@ECT, John Valdes/HOU/ECT@ECT
cc:
Subject: FW: Olympic Hopefuls

In the spirit of the Olympics!

 <<GOLD.MPG>>  <<SILVER.MPG>>  <<BRONZE.MPG>>  <<JAVELIN.MPG>>
(See attached file: GOLD.MPG)
(See attached file: SILVER.MPG)
(See attached file: BRONZE.MPG)
(See attached file: JAVELIN.MPG)

 - GOLD.MPG
 - SILVER.MPG
 - BRONZE.MPG
 - JAVELIN.MPG