I thought we had devised a format for any response.  I'm glad to meet with
you anytime.  Currently, I have severe laryngitis and I am unable to speak.
I will probably be limited on Friday as well.  We can manage if you come to
my office.  Let me know.  SS

Lucy Ortiz
10/20/99 11:22 AM
To: Sara Shackleton/HOU/ECT@ECT
cc:
Subject: APEA / Chase: Change in Reporting of NGI's 1st of Month Indices

Sara,

I don't think that we ever got around to talking about how we should notify
Chase of this change.  Could we do that before I leave?  Hopefully sometime
this week.
Does the ISDA cover publication changes?  Somehow I thought it did.  It does
doesn't it?  I just can't remember in which section.
Many thanks,

Lucy
---------------------- Forwarded by Lucy Ortiz/HOU/ECT on 10/20/99 11:20 AM
---------------------------

Laird Dyer
09/23/99 05:46 PM
To: Lucy Ortiz/HOU/ECT@ECT
cc: Sandra McDonald/HOU/ECT@ECT
Subject: APEA / Chase: Change in Reporting of NGI's 1st of Month Indices

Lucy,

Effective September 1st, Natural Gas Intelligence changed the reporting of
the California Border and City-Gate 1st of month indices.  These indices were
formerly reported in a separate table.  That table has been eliminated and
these indices have been included within the general table.   These changes
are minor; however, we need to ensure that Chase knows of the change.  Can
you please handle this?  It affects Glendale, Pasadena and SMUD.

The following are the new definitions:

1.  Malin:  the "Bidweek Avg." price for California, Malin, published in
Natural Gas Intelligence, or successor publication, in the first issue
published on or about the first Monday of the delivery Month in the table
identified as "Spot Gas Prices".

2. Kern River Station: the "Bidweek Avg" price for California, Kern River
Station, PG&E, published in Natural Gas Intelligence, or successor
publication, in the first issue published on or about the first Monday of the
delivery Month in the table identified as "Spot Gas Prices".

3.  Topock: the "Bidweek Avg" price for California, Southern Cal. Border
Avg., published in Natural Gas Intelligence, or successor publication, in the
first issue published on or about the first Monday of the delivery Month in
the table identified as "Spot Gas Prices".

4.  PG&E Citygate: the "Bidweek Avg" price for California, PG&E Citygate,
published in Natural Gas Intelligence, or successor publication, in the first
issue published on or about the first Monday of the delivery Month in the
table identified as "Spot Gas Prices".

Glendale and Pasadena are affected at Topock.  SMUD is affected at all four
points.

Let me know if you need additional clarification or information.

Thanks for your help.

Laird


Steve,

We can accelerate the process. We need some internal approvals.
Please, talk to Richard Lewis and  let him know I think it's OK
to publish it because it is a very high level theoretical paper.

Vince

Steven Leppard
02/01/2000 09:56 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Publishing my real options work

Vince

What are the chances of, say, Risk publishing my work before the June
conference?  Do they have peer review etc.?

Steve


when u get a chance, can you call and let me know how it went?  thanks. jeff


Sounds good.   I talk to Tim about twice a week.


---------------------- Forwarded by Eric Bass/HOU/ECT on 08/03/2000 08:32 AM
---------------------------

	From:  David W Delainey @ ENRON                           07/19/2000 01:56 PM

Sent by: Beverly Stephens@ENRON
To: David Oxley/HOU/ECT@ECT, John J Lavorato/Corp/Enron@Enron, Janet R
Dietrich/HOU/ECT@ECT, Kevin M Presto/HOU/ECT@ECT, Jeff Donahue/HOU/ECT@ECT,
Brian Redmond/HOU/ECT@ECT, Rodney Malcolm/HOU/ECT@ECT, Raymond
Bowen/HOU/ECT@ECT, George McClellan/HOU/ECT@ECT, Ted C Bland/HOU/ECT@ECT,
Gaurav Babbar/HOU/ECT@ECT, Chris Dorland/CAL/ECT@ECT, Sean
Keenan/HOU/ECT@ECT, Jennifer Martinez/HOU/ECT@ECT, Grant Oh/CAL/ECT@ECT, Ross
Prevatt/HOU/ECT@ECT, Marc Sabine/NA/Enron@ENRON, Brandon Wax/HOU/ECT@ECT, Mo
Bawa/HOU/ECT@ECT, Kate Chaney/CAL/ECT@ECT, Catherine Clark/HOU/ECT@ECT,
Raimund Grube/Corp/Enron@ENRON, Jurgen Hess/LON/ECT@ECT, Nicole
La/HOU/ECT@ECT, Susan M Lewis/HR/Corp/Enron@ENRON, Eva Rainer/HOU/ECT@ECT,
Jason Seigal/HOU/ECT@ECT, Eric Bass/HOU/ECT@ECT, Kyle Etter/HOU/ECT@ECT, Nick
Hiemstra/HOU/ECT@ECT, John King/HOU/ECT@ECT, Gabriel Monroy/HOU/ECT@ECT,
Jennifer Reside/HOU/ECT@ECT, Eric Scott/HOU/ECT@ECT, Erin Willis/HOU/ECT@ECT,
Matthew Jachimiak/HOU/ECT@ECT, Homer Lin/HOU/ECT@ECT, Elizabeth
McCarthy/LON/ECT@ECT, Purvi Patel/HOU/ECT@ECT, Reza
Rezaeian/Corp/Enron@ENRON, John Scarborough/HOU/ECT@ECT, Carrie
Southard/HOU/ECT@ECT
cc: Rhonna Palmer/HOU/ECT@ECT, Kimberly Hillis/HOU/ECT@ect, Christy
Chapman/HOU/ECT@ECT, Felicia Doan/HOU/ECT@ECT, Marsha Schiller/HOU/ECT@ECT,
Lillian Carroll/HOU/ECT@ECT, Ana Alcantara/HOU/ECT@ECT, Angie
Collins/HOU/ECT@ECT
Subject: Dinner with ENA Associates & Analysts

Please plan to attend a  reception and dinner for those Analysts and
Associates due to rotate in the near future who have made significant
contributions to  Enron North America.  The function will be hosted  by the
Office of the Chairman at Morton's Steak House located at 5000 Westheimer on
July 27, 2000.  The reception will start at 7:00pm with dinner to follow at
7:45pm.  Please RSVP to Ted Bland at ext. 3-5275 no later than close of
business Monday, July 24.  This will be an informal gathering to discuss the
progress of ENA and an open forum to interact with the management team on a
one on one basis.  See you on Thursday.

 Mark, Dave and John


you can't shine shit.  whoever drafts him in the second is wasting a pick.  i
hope it isn't denver.


Where are you?

-----Original Message-----
From: Dasovich, Jeff
Sent: Tue 5/8/2001 6:51 PM
To: Denne, Karen
Cc: Steffes, James; Guerrero, Janel; Kaufman, Paul; Shapiro, Richard;
McCubbin, Sandra; Mara, Susan; Tribolet, Michael; skean@enron.com; Landwehr,
Susan
Subject: Meetings w/Consumer Groups
Greetings:

Steve Kean and I met today with Jack Stewart, Pres. of the California
Manufacturer's and Technology Ass. and Alan Zaremberg, CEO of the California
Chamber of Commerce.

Jack Stewart was happy to hear about our efforts and is generally
supportive--particularly regarding direct access--but wants more information
regarding the core/noncore proposal.  We have a meeting set up for Thursday
morning at 8 AM in the SF office to discuss it further.  Stewart will bring
Keith McCrea, long-time lawyer for CMA to the meeting on Thursday.

Zaremberg was extremely happy to hear about our efforts and the overall
package, and was much more receptive to the core/noncore proposal.  Though
he, too, would like more details.  Turns out the he and Bill Hauck--former
Wilson administration official and now head of the California Business
Roundtable---have been walking the halls of the capital urging the same thing
we've been urging, i.e., D's and R's need to get together (read "grow up")
and do a comprehensive deal.

Steve and I had an impromptu meeting with Hauck, and then I followed up with
him in the afternoon---he, too, is very supportive.

We stressed how important it is for business leaders to aggresively support
and pitch:

1) the idea that both sides of the aisle, and the governor, need to resolve
this now, and
2) the framework for a comprehensive solution along the lines that we've
described.

They agree, and while we have a good bit of additional work to due before
they are vociferous advocates for the core/noncore proposal, they certainly
didn't reject the idea.

Will report back on the Thursday follow-up with CMTA.

Best,
Jeff


The topock Lat. is still dry as a bone at the Measurement station and at the
SLX plant. See attached on liquids gathered for this months sample run.
Results will follow as soon as the results come back. Thanks,
Randy


TO:ALL NYMEX DIVISION MEMBERS AND MEMBER FIRMS
ALL COMEX DIVISION MEMBERS AND MEMBER FIRMS

FROM:Neal Wolkoff, Executive Vice President

SUBJECT:Approved Amendment to the NYMEX Platinum and Palladium Futures
Contracts to Add Brink,s Inc. as an Exchange Licensed Depository.

The Exchange has received approval from the Commodity Futures Trading
Commission to amend Supplement No. 1 of the NYMEX Platinum and Palladium
Futures Contracts to add the Brink,s Inc. vault facility located at 652 Kent
Avenue, Brooklyn, New York as a Licensed Depository for the storage of
platinum and palladium deliverable against the Exchange,s Platinum and
Palladium Futures Contracts.  Brink,s Inc,s charges for platinum and
palladium are attached.

The approved amendment is effective October 1, 2000.

Copies of the approved amendment are attached.  CAPITAL LETTERS indicate
additions, bracketing [ ] indicates deletions.

Should you have any questions regarding the above, please contact Albert J.
Getz at 212-299-2608.
Approved Rule Amendment
CAPITAL LETTERS indicate additions; [ ] indicates deletions.

PALLADIUM FUTURES CONTRACT

Supplement No. 1

OFFICIAL LIST OF APPROVED DEPOSITORIES

Depository      Facility at

NEW YORK

ScotiaMocatta Depository,    4 World Trade Center
A Division of The Bank of    New York, NY 10048
ova Scotia      212-912-8530
HSBC Bank USA      1 West 39th Street
       New York, NY 10018
       212-525-6439
BRINK,S INC.      652 KENT AVENUE
       BROOKLYN, NY  11211
       718-260-2200

DELAWARE

Delaware Depository Service Company, LLC  3601 North Market Street
       Wilmington, DE 19802
       302-765-3889

Approved Rule Amendment
CAPITAL LETTERS indicate additions; [ ] indicates deletions.

PLATINUM FUTURES CONTRACT

Supplement No. 1

OFFICIAL LIST OF APPROVED DEPOSITORIES

Depository     Facility at

NEW YORK

ScotiaMocatta Depository,   4 World Trade Center
A Division of The Bank of   New York, NY 10048
Nova Scotia     212-912-8530

HSBC Bank USA     1 West 39th Street
      New York, NY 10018
      212-525-6439

BRINK,S INC.     652 KENT AVENUE
      BROOKLYN, NY  11211
      718-260-2200

DELAWARE

Delaware Depository Service Company, LLC 3601 North Market Street
      Wilmington, DE 19802
      302-765-3889

BRINKS Incorporated
652 Kent Avenue
Brooklyn, New York 11211

PRECIOUS METALS EXCHANGE RATES

Contract Weight   Monthly Charge   Out Charge
5,000 T.O. Silver   $18.50    $65.00
  100 T.O. Gold           $ 7.00    $15.00
   50 T.O. Platinum    $7.00    $15.00
  100 T.O. Palladium  $  7.00    $15.00

Contract Weight   Weighing Charge
5,000 T.O. Silver  $5.00
  100 T.O. Gold   $2.00
   50 T.O. Platinum  $1.00
   00 T.O. Palladium  $2.00

 There is no delivery in charge for any Exchange Registered metal.
 There is no charge to issue a contract for an Exchange warrant.
 There is a $5.00 replacement charge for each warrant.
 There is no internal vault charge when transferring metal from
Non-Exchange to Exchange.
 Standard Exchange Contract out charges will be assessed when
transferring metal off an Exchange to Non-Exchange.

OTHER SERVICES

 Pallet strapping - $10.00 per pallet
 Brink,s Global Services Domestic Network*
 Brink,s Global Services International Network*
 Brink,s Tractor Trailer Services*

 Please call 1-800-5 BRINKS for rates and destinations.

Should you have any questions regarding the above, pleasecontact Albert J.
Getz at 212-299-2608.

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

"http://208.206.41.61/email/email_log.cfm?useremail=sara.shackleton@enron.com&
refdoc=(00-327)"

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


PJM UCC on IntercontinentalExchange!

IntercontinentalExchange is pleased to announce tomorrow's launch of the PJM Unforced Capacity Credit (UCC) market.  As a reminder, the six new markets (prompt five calendar years and one Custom strip) will have to be manually added into portfolios tomorrow morning.

Please call a member of our Power Sales Team with any questions:
          Lance Leffingwell- 713-840-6494
          J.C. Kneale- 713-840-6494
          Chris D'Ambrosio- 646-792-2620
          Mike O'Neill- 646-792-2620

Our 24-hour Help Desk can also be reached at 770-738-2101.


Holly Krebbs just did a deal with these guys (short form) but they want to
negotiate an ISDA.  We need to send an updated form to them.  Will there be
any credit changes?


Gary, thanks for you correction.  Let me be sure I have this right.  We
	are NOT going to use the delineators as originally planned.  We will
	estimate all 31 day meter cards and 31 day charts and therefore,
	NOT do PPA's on both of these categories?  Thanks. Lynn

 -----Original Message-----
From: 	Anderson, Gary E.
Sent:	Tuesday, March 05, 2002 10:09 AM
To:	Corman, Shelley; Hawkins, Don; Thompson, Charlie; Zadow, Raetta; Stern, Ellis; January, Steve; Dietz, Rick; Blair, Lynn
Subject:	FW: PGAS Calculation for 31 Day Charts & Meter Cards

We will use the estimating software on both 31 day meter cards and 31 day charts. Based on the limited scope provided to PGAS to incorporate this function into the data base, trying to make the application work on all scenarios of "unreadable charts" was becoming more complicated than the original intent. We are still currently testing the application and are fairly comfortable with the software product if we restrict the use to those mentioned. Once the testing is completed, we can move it to production to utilize in the March production month. Charlie has requested input from the field and a response due by 3/8/02,  for reference stations that will need to be set up in the system before the application will work.
Thanks-
Gary

 -----Original Message-----
From: 	Stern, Ellis
Sent:	Tuesday, March 05, 2002 6:04 AM
To:	Barnes, Caroline
Cc:	Anderson, Gary E.
Subject:	RE: PGAS Calculation for 31 Day Charts & Meter Cards

Both will use the calculation.  The "fixed" delineator must be that we have them hopped up.  And at present, as last I heard, we are testing the calculation module once again.  We are shooting to have this installed right after the close...so we don't upset the current close process.  All bets are off however, until we say the module has passed and is ready for production.
Ellis

 -----Original Message-----
From: 	Barnes, Caroline
Sent:	Monday, March 04, 2002 5:03 PM
To:	Anderson, Gary E.; Stern, Ellis
Subject:	FW: PGAS Calculation for 31 Day Charts & Meter Cards

Do we have a commitment from PGAS that the estimating program will be fixed and ready to go?   I'm confused in that Lynn states,"
Once the 31 Day Charts are in, then they will be delineated with the fixed 	delineator.  The meter cards will use the calculation only."
 I thought both the charts and index cards would use the calculation.  What is a fixed delineator?  It was also my understanding that "unreadable" charts would also use the calculations.  cvb

 -----Original Message-----
From: 	Blair, Lynn
Sent:	Monday, March 04, 2002 4:56 PM
To:	Anderson, Gary E.; 'frank.semin@dynegy.com'; Floyd, Jodie
Cc:	Barnes, Caroline; Corman, Shelley; Hawkins, Don; Thompson, Charlie; Zadow, Raetta; Stern, Ellis; January, Steve; Dietz, Rick; Blair, Lynn
Subject:	PGAS Calculation for 31 Day Charts & Meter Cards

	Per our discussions today, here is my understanding of the status of the
	implementation of the PGAS calculation for 31 Day Charts and & Meter Cards.

	Beginning with March Production (April Billing), GMS will have the new
	calculation in PGAS for 31 Day Charts and Meter Cards.  This calculation
	is to give NNG a better daily number to bill the customer.  Once the
	31 Day Charts are in, then they will be delineated with the fixed
	delineator.  The meter cards will use the calculation only.

	At this time there will NOT be a daily PGAS calculation for 7 day and 16 day
	charts.  These charts will be (1) tracked for timely receipt; and (2) integrated for
	daily volumes when received.

	Any charts received after the required deadline, will be processed as a PPA.

	Gary, if we need to clarify any of the above, please let me know.  If anyone has
	any questions, please let Gary or I know.  Thanks. Lynn


I thought you guys might like this one.....  I am trying hard to defend ourselves... but they might be right..

BT

 -----Original Message-----
From: 	Lenhart, Matthew
Sent:	Friday, September 28, 2001 11:29 AM
To:	Tycholiz, Barry
Subject:	FW: FW: Canadian Contribution to the anti-terrorist campaign

 -----Original Message-----
From: 	Gay, Randall L.
Sent:	Friday, September 28, 2001 10:13 AM
To:	Lenhart, Matthew
Subject:	FW: FW: Canadian Contribution to the anti-terrorist campaign

 -----Original Message-----
From: 	Evans, Ted
Sent:	Wednesday, September 26, 2001 12:16 PM
To:	Gay, Randall L.; Groenewold, Shannon; Lisk, Daniel; Sutherland, Jan; Christiansen, Suzanne
Subject:	FW: FW: Canadian Contribution to the anti-terrorist campaign

 - canada plane.jpg
 - Frigate.jpg


Are we all on the same page that this is OK?  Is MKM's group good on it?  (I
didn't see anyone from her group listed on the distribution). DF

Tony Pryor
03/09/2001 04:43 PM
To: Steve Kirk/Enron@EnronXGate, Eileen Peebles/Enron@EnronXGate, Jeff
Nielsen/Enron@EnronXGate, Craig Buehler/Enron@EnronXGate, Vernon
Mercaldo/Enron@EnronXGate, David Forster/Corp/Enron@Enron, Carl
Carter/NA/Enron@Enron, Dari Dornan/ET&S/Enron@ENRON, Maria
Pavlou/Enron@EnronXGate, Drew Fossum/ET&S/Enron@ENRON
cc: cc: Steve Hotte/Enron@EnronXGate

Subject: EOL Webtext - - Day to day firm

Attached is the revised webtext for the day to day versions of the R+C, RMn
and RMx sustainable products, reflecting comments received this week. The
format has been changed to be consistent with the revised format of the
sustainable products. I would appreciate receiving your comments by noon,
Wednesday, March 14.


i don't know what their deal is. they have played the last two games so
shitty. i can't beleive they haven't scored a fucking goal in over 160
minutes. they are 0-3 in game 7's over the past few years too. i'm worried

-----Original Message-----
From: Matthew.Lenhart@enron.com [mailto:Matthew.Lenhart@enron.com]
Sent: Monday, May 07, 2001 11:06 AM
To: tlenhart@corealty.com
Subject: RE:

what is up with the avs?  are they going to shit their pants again?


Chris, here is the spreadsheet that schedulers fill in their volumes.   This
is total except for SJersey

thanks
joann

Chris Germany@ECT
01/27/2000 03:14 PM
To: pvillag@columbiaenergy.com, Cindy Vachuska/HOU/ECT@ECT, Clarissa
Garcia/HOU/ECT@ECT, Molly LaFuze/HOU/ECT@ECT, Joann Collins/Corp/Enron@ENRON,
Robert Allwein/HOU/ECT@ECT, Joan Veselack/Corp/Enron@ENRON, Jesse
Villarreal/HOU/ECT@ECT, Beverly Beaty/HOU/ECT@ECT, Anita K
Patton/HOU/ECT@ECT, Victoria Versen/HOU/ECT@ECT, Meredith Mitchell/HOU/ECT@ECT
cc: Katherine L Kelly/HOU/ECT@ECT, Victor Lamadrid/HOU/ECT@ECT

Subject: Updated Feb'00 CES Volumes

---------------------- Forwarded by Chris Germany/HOU/ECT on 01/27/2000 03:08
PM ---------------------------

dkinney@columbiaenergygroup.com on 01/27/2000 02:39:19 PM
To: Chris Germany/HOU/ECT@ECT
cc: "        -         *Herzog, Hans" <hherzog@columbiaenergygroup.com>,
"        -         *Flewellyn, Melissa" <mflewellyn@columbiaenergygroup.com>
Subject: Updated Feb'00 CES Volumes

Chris--The attached file contains updated February Volume Reqs. for CES.
Changes from the file that I sent you onTuesday are highlighted in red.  All
other values are unchanged.

Doug Kinney
Ph:  703-561-6339
Fax:  703-561-7317

 - Feb'00 CES 01_27_00updat.xls


Today Enron Broadband Services announced a 20-year exclusive agreement with
Blockbuster to deliver a revolutionary new "entertainment on demand" service
to consumers.   Consumers will be able to order movies from the convenience
of their homes, and watch them on their televisions whenever they want.  To
learn more about this exciting announcement and view a webcast featuring
interviews with Ken Lay and Blockbuster CEO John Antioco, visit
http://www.ebentertainmentondemand.com/.


Southwest Airlines e-mail update for
May 1, 2001

****************************************************************
Your Freedom to Travel This Week Includes

I. Anniversary Specials For $30 Each Way
II. southwest.com Click 'n Save(R) Specials
III. Southwest Airlines Discount Fare Specials
IV. Click 'n Save Subscriber Information
****************************************************************
Note: Now offering everything but room service.
Rental car and hotel reservations are now available
on southwest.com

********Anniversary Markets For $30 Each Way***********

I. This week's Anniversary Specials:

Baltimore Washington Int'l, MD
 $30 each way to/from Providence, RI

Corpus Christi, TX
 $30 each way to/from Houston, TX Hobby

Chicago, IL Midway
 $30 each way to/from Kansas City, MO

Portland, OR
 $30 each way to/from Spokane, WA

Tampa Bay, FL
 $30 each way to/from West Palm Beach, FL

The following restrictions will apply:

*Available only at southwest.com
*21-day advance purchase
*Fares are nonrefundable
*Travel May 22, 2001 through September 10, 2001,
 except for May 25 and 28, 2001
*Purchase beginning May 1, 2001 through
 May 3, 2001, midnight Pacific Time

Fares do not include a federal excise tax of $2.75
that will be imposed on each flight segment of your
itinerary. A flight segment is defined as a takeoff and
a landing. The fares listed do not include airport-assessed
passenger facility charges (PFCs) of up to $18 roundtrip.

Please visit our Reservations section to reserve the
Southwest Airlines 30th Anniversary Specials at
http://www.southwest.com/jp/hotfares.shtml?src=30th0501

******* southwest.com Click 'n Save Specials********
II. In addition to the Anniversary Specials, we have
included the traditional southwest.com
Click 'n Save Specials.

Albany, NY
 $65 each way to/from Chicago, IL Midway

Albuquerque, NM
 $57 each way to/from Dallas, TX Love Field
 $94 each way to/from Portland, OR

Amarillo, TX
 $34 each way to/from Dallas, TX Love Field
 $61 each way to/from Houston, TX Bush Intercontinental
 $61 each way to/from Houston, TX Hobby

Austin, TX
 $59 each way to/from Little Rock, AR
 $44 each way to/from Lubbock, TX

Baltimore Washington Int'l, MD
 $34 each way to/from Columbus, OH
 $34 each way to/from Hartford, CT/Springfield, MA

Birmingham, AL
 $61 each way to/from Chicago, IL Midway
 $53 each way to/from St. Louis, MO

Boise, ID
 $94 each way to/from Sacramento, CA

Buffalo, NY
 $94 each way to/from Jacksonville, FL

Burbank, CA
 $37 each way to/from Sacramento, CA
 $37 each way to/from San Jose, CA

Chicago, IL Midway
 $65 each way to/from Albany, NY
 $61 each way to/from Birmingham, AL
 $37 each way to/from Columbus, OH

Cleveland, OH
 $42 each way to/from Long Island/Islip, NY
 $37 each way to/from Nashville, TN

Columbus, OH
 $34 each way to/from Baltimore Washington Int'l, MD
 $37 each way to/from Chicago, IL Midway

Corpus Christi, TX
 $40 each way to/from San Antonio, TX

Dallas, TX Love Field
 $57 each way to/from Albuquerque, NM
 $34 each way to/from Amarillo, TX
 $89 each way to/from Jackson, MS

Detroit, MI
 $42 each way to/from St. Louis, MO

El Paso, TX
 $40 each way to/from Midland/Odessa, TX

Ft. Lauderdale/Hollywood, FL
 $94 each way to/from Manchester, NH

Harlingen/Rio Grande Valley, TX
 $38 each way to/from Houston, TX Hobby

Hartford, CT/Springfield, MA
 $34 each way to/from Baltimore Washington Int'l, MD
 $89 each way to/from Nashville, TN

Houston, TX Bush Intercontinental
 $61 each way to/from Amarillo, TX
 $56 each way to/from Tulsa, OK

Houston, TX Hobby
 $61 each way to/from Amarillo, TX
 $38 each way to/from Harlingen/Rio Grande Valley, TX
 $42 each way to/from Jackson, MS
 $56 each way to/from Tulsa, OK

Indianapolis, IN
 $56 each way to/from Omaha, NE
 $94 each way to/from Tampa Bay, FL

Jackson, MS
 $89 each way to/from Dallas, TX Love Field
 $42 each way to/from Houston, TX Hobby

Jacksonville, FL
 $94 each way to/from Buffalo, NY

Kansas City, MO
 $94 each way to/from Las Vegas, NV

Las Vegas, NV
 $94 each way to/from Kansas City, MO
 $39 each way to/from San Diego, CA
 $35 each way to/from Tucson, AZ

Little Rock, AR
 $59 each way to/from Austin, TX

Long Island/Islip, NY
 $42 each way to/from Cleveland, OH

Los Angeles, CA
 $37 each way to/from Oakland, CA
 $49 each way to/from Salt Lake City, UT

Louisville, KY
 $89 each way to/from Orlando, FL

Lubbock, TX
 $44 each way to/from Austin, TX

Manchester, NH
 $94 each way to/from Ft. Lauderdale/Hollywood, FL

Midland/Odessa, TX
 $40 each way to/from El Paso, TX

Nashville, TN
 $37 each way to/from Cleveland, OH
 $89 each way to/from Hartford, CT/Springfield, MA

New Orleans, LA
 $58 each way to/from San Antonio, TX
 $45 each way to/from Tampa Bay, FL

Oakland, CA
 $37 each way to/from Los Angeles, CA
 $41 each way to/from San Diego, CA

Oklahoma City, OK
 $40 each way to/from St. Louis, MO

Omaha, NE
 $56 each way to/from Indianapolis, IN

Ontario, CA
 $34 each way to/from Phoenix, AZ
 $45 each way to/from Reno/Tahoe, NV

Orlando, FL
 $89 each way to/from Louisville, KY
 $43 each way to/from Raleigh-Durham, NC

Phoenix, AZ
 $34 each way to/from Ontario, CA
 $94 each way to/from Seattle/Tacoma, WA

Portland, OR
 $94 each way to/from Albuquerque, NM

Providence, RI
 $94 each way to/from West Palm Beach, FL

Raleigh-Durham, NC
 $43 each way to/from Orlando, FL

Reno/Tahoe, NV
 $45 each way to/from Ontario, CA
 $52 each way to/from Spokane, WA

Sacramento, CA
 $94 each way to/from Boise, ID
 $37 each way to/from Burbank, CA

Salt Lake City, UT
 $49 each way to/from Los Angeles, CA

San Antonio, TX
 $40 each way to/from Corpus Christi, TX
 $58 each way to/from New Orleans, LA

San Diego, CA
 $39 each way to/from Las Vegas, NV
 $41 each way to/from Oakland, CA

San Jose, CA
 $37 each way to/from Burbank, CA
 $89 each way to/from Spokane, WA

Seattle/Tacoma, WA
 $94 each way to/from Phoenix, AZ

Spokane, WA
 $52 each way to/from Reno/Tahoe, NV
 $89 each way to/from San Jose, CA

St. Louis, MO
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As mentioned in yesterday's email, please find attached Project Summer's
Matrix.


i will give you walls and terrence wilkins

To: Eric Bass/HOU/ECT@ECT
cc:
Subject: Re: Gonzalez

Your top wide receiver and tight end, and I might throw in my fourth
receiver...

	Enron North America Corp.

	From:  Eric Bass                           08/21/2000 08:57 AM

To: O'Neal D Winfree/HOU/ECT@ECT
cc:
Subject: Gonzalez

What do you want for tony gonzalez?


We will be releasing new EnronOnline functionality tonight which will be
available for use on Monday morning.

Two information sessions will be held in Houston to further explain the new
functionality. It is very important to attend these sessions to fully
understand the new features. For sessions in Calgary or Portland, please
contact Savita Puthigai at 713 853 1787. For sessions in London, Oslo,
Singapore, Australia or Tokyo, please contact PCG London on +44 20 7783 7783.

Date     Time   Location
Tuesday, 27th February  3.30 to 4.00  EB 27C2
Wednesday, 28th February 3.30 to 4.00  EB 27C2

There are two areas of new functionality: Spreads and Stack Manager.

Spreads

From Monday, Enron traders will be able to define a Spread product on
EnronOnline in which the customer can trade on a single spread product and
receive a transaction for each leg of the underlying products.

For example, a customer could select to buy the April vs May Spread Product.
A successful transaction would result in a Sell for the April Product and a
Purchase for the May Product. Both of these underlying transactions will show
up in the customer's transaction list (the spread itself will not show up -
only the two legs). The price for Leg 1 will be equal to the average of the
bid and offer, or the bid or offer alone if the averge cannot be computed
because either side is  missing , for the Leg 1 Product. The price for Leg 2
will be equal to the price for Leg1, plus the spread price.

To ensure accuracy and consistency, EnronOnline Product Control will set up
these new Products initially.

Stack Manager

There are a few changes to Stack Manager which may or may not be directly
associated with Spreads:

New Stack Link Type

On the Link Dropdown box on the Product Properties page, there is a new Stack
Link Type called "Stack Basis Link". If you select this link, then the price
you enter into the stack depth window will be added to the price in the stack
depth window from the parent (it will not be added to the calculated price of
the parent which appears on the website). For example:
 Product 1 is a Stand Alone Product, with Bid at $5.00
 Product 2 is a Basis Link Child, with Stack Depth Price at $0.25, so the
calculated total price which appears on the website is $5.25
 Product 3 is a Stack Basis Link, with Stack Depth Price at $0.05, so the
calculated total price which appears on the website is $0.30

Autohedge Changes

If an Enron trader has an autohedge set up between two products which they
are managing under the same book, then the Parent product will respond as
though an autohedge transaction has occurred, but no transaction will
actually be entered into the system. This is intended to simplify position
management where you want the parent price to respond to a transaction on the
child, but do not want to manually remove transactions within the same book.

Note that autohedge functionality remains the same as it was before this
update for autohedge transactions between products which are not in the same
book.

Trade Linked View

You can now view linked transactions together on the transaction display
section in the stack manager. To do so, right click in the transaction
display section and select linked view. You will see a single transaction
with a plus sign for any linked deals (e.g. spreads and autohedged deals). To
see the individual transactions that make up the linked transaction click on
the plus sign.

You can display the linked transactions in a expanded or collapsed view. To
do so right click in the transaction display area and select    Full Expand
or Full Collapse.

To return to the default transaction display, right click in the transaction
display area and select Transaction view.

New EnronOnline Contact

As part of a restructuring within EnronOnline, Savita Puthigai will be your
primary contact within EnronOnline for Trading and System Design issues.
Future emails such as this one will be sent from her address. She can be
contacted in Houston on 31787.

Dave


The January 2002 release of NEWGen is available for download at
www.rdionline.com.  Please note that we have made significant changes to the
NEWGen software, which has been noted in the release notes and user guide.
The original version of NEWGen is available for this month only; thereafter,
we will only provide the new version of NEWGen.  If you have any questions
or problems please contact us at newgen@platts.com or (720) 548-5500.

	Thanks,

	The NEWGen Staff


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Hi John!

So sorry for the delay in getting these to you this evening---"connectivity"
issues...a few monks too few!! (haha).

Here are the most current Bio's for Jeff and Ken:

.

I thoroughly enjoyed our dinner this evening and look forward to seeing you
tomorrow!

Thanks!

--Christie.


---------------------- Forwarded by Mark - ECT Legal Taylor/HOU/ECT on
01/27/99 04:03 PM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  xtrials@optioninvestor.com (Option Investor Newsletter     Trials)
                       01/24/99 06:32 AM

Please respond to xtrials@optioninvestor.com
To: Option Investor Newsletter Trials <xtrials@optioninvestor.com>
cc:  (bcc: Mark - ECT Legal Taylor/HOU/ECT)
Subject: Sunday - Option Investor Newsletter 5 of 6     (Puts/Combos)

The Option Investor Newsletter            1-24-98
Sunday                5  of  6

PUTS Continued
**************
Campbell Soup Company (CPB) - $44.31 .25 (-.81)

Campbell Soup Company is a global manufacturer and marketer of
branded convenience food products operating in three business
segments: Soup and Sauces, Biscuits and Confectionery, and
Foodservice. Campbell Soup Company is the world's largest
maker and marketer of soup with fiscal 1998 sales of $6.7
billion.

Warm weather, flat sales, inefficient supply chain, and
company's ability to achieve costs savings and capacity
utilization are being called into question by analysts.
Increased marketing and selling expenses, increased store
level inventory levels, encroachment from private label (store
brand) products, reduced consumption levels and a recent
announce of new cost-cutting initiatives will cause fiscal
1999 earnings to fall short of analysts' estimates by 18 to
23 cents per share.  Analysts surveyed by First Call Corp.,
which tracks such estimates, had expected the company to earn
$2.13 a share during the year, which ends July 31. Campbell
earned $1.90 a share in the prior year. Campbell Soup Co.
said it now expects U.S. soup consumption to rise by only 1
to 2 percent in the second quarter from the previous year,
not 4 to 5 percent.

Stock recently failed at $59 and then broke key support at
$54.00 on news of earnings shortfall. Excessive call buying
recently is bearish and may provide continued overhead
resistance.

Play: Earnings Warnings

Update:
Stock recovered some last week but still trading below gap
price of $45.  Could sell off more if broad market comes
under pressure.

BUY PUT FEB-50  CPB-NJ OI=135 @ $6.00 SL=4.25
BUY PUT FEB-45  CPB-NI OI=593 @ $1.94 SL=1.00

Chart = http://quote.yahoo.com/q?s=cpb&d=3m
*****

DuPont de Nemours (DD) - $54.31 .25 (-2.69)

E.I. DuPont de Nemours and Company operates in fiveprincipal
industry segments: Chemicals, Fibers, Polymers,Life
Sciences, and Diversified Businesses.  For the 9 monthsended
9/30/98, total revenues rose 1% to $19.29B.  Netincome from
continuing operations before extraordinary itemand
applicable to Common fell 37% to $859M.  Revenuesbenefited
from acquisitions. Earnings were offset by a$651M
increase in purchased in-process R&D charges.

Pricing pressures from overcapacity continue to weigh on the
chemical group.  Street has been busy cutting the group's
earnings estimates for the next couple of quarters, as
troubled economies in Asia and Latin America suggest that
demand/pricing conditions won't improve any time soon.
Commodity chemicals such as ethylene hardest hit, with prices
falling by as much as 50% over past year.  Stocks have seen
some buying interest in recent weeks on hopes that lower
interest rates will jumpstart sagging global economy.  But
gains appear more a function of underlying market strength and
light bargain hunting than any sea change in expectations for
a sustained earnings recovery.  Chemical companies are
cutting jobs and reducing production to adjust to challenging
conditions.  Comparison periods will also become more
attractive by mid-CY99. However, until that time there is no
reason to suspect the group to do anything but underperform
the market.  Given existing oversupply, declining earnings
growth, slowing worldwide economic growth and the market's
preference for momentum over turnaround situations, DD could
be under pressure over the near-term.  After advancing $7
over the past couple of weeks, DuPont signaled a failed rally
at its declining 200-day moving average.  Target - $53.

Play: Failed Rally

Stock moved up fractionally during Friday's (1/22) broad sell
off. Stock still below declining moving averages.  Tighten
protective sell stop to $58.25.

BUY PUT FEB-60  DD-NL OI=1907 @ $6.38 SL=4.75
BUY PUT FEB-55  DD-NK OI=1879 @ $2.69 SL=1.75

Chart = http://quote.yahoo.com/q?s=dd&d=3m
*****

Hershey Foods (HSY) - $59.00 1.00 (-2.25)

ershey Foods (HSY) manufactures, distributes, and sells a
broad line of chocolate and non-chocolate confectionery,
pasta and grocery products.  For the nine months ended
10/4/98, net sales rose 4% to $3.2 billion.  Net income rose
5% to $230.9 million.  Revenues reflect higher sales of core
confectionery brands and incremental sales from the
introduction of new confectionery products.  Earnings also
reflect reduced marketing costs for existing brands and lower
selling costs in foreign markets.

Play Description:
Stock continues to struggle following analyst downgrades and
Q4 weakness. Margins are likely to be under pressure with
increased costs. Stock simply seems to be out of favor and
relative strength is declining. Likely to test lows at $48.

Play: Failed Rally

Update:
Stock moved higher during Friday's (1/22) broad market sell-off
but still trading below key benchmark of $60. Tighten protective
stop to $62.25.

BUY PUT FEB-65  HSY-NM OI=182  @ $6.38 SL=4.75
BUY PUT FEB-60  HSY-NL OI=425  @ $2.63 SL=1.75

Chart = http://quote.yahoo.com/q?s=hsy&d=3m
*****

Microchip Tech (MCHP) - $30.19 -1.00 (-4.94)
Semiconductor

Company Description:
MCHP develops, manufactures and markets programmable 8-bit
microcontrollers, application specific standard products and
related specialty memory products for consumer, automotive,
office automation, industrial and communications markets.

Play Description:
Microchip is struggling to restructure its operations to try
to eliminate the company's older, less-efficient manufacturing
capacity and to manage inventory levels. Analysts recently cut
estimates for fiscal '99 and '00. Microchip's December quarter
was characterized by continued low order visibility, along with
some weakness in end-of-quarter turns order shipments,
Stock recently gapped off of failed rally point of $40 and may
test prior lows in the $20's

Play: Analysts Downgrade

Update:
Stock still breaking down and nearing key 100 and 200-day
moving averages.  Could retest $20 if stock breaks under $30.

BUY PUT FEB-35  QMT-NG OI= 99 @ $5.88 SL=4.00
BUY PUT FEB-30  QMT-NF OI=257 @ $2.44 SL=1.25

Chart = http://quote.yahoo.com/q?s=mchp&d=3m
*****

Merck (MRK) - $139.00 -7.31 (-8.13)

Merck is a pharmaceutical company that discovers,develops,
produces and markets human/animal health productsand
services.  Merck also provides pharmaceutical benefit
services. For the 9 months ended 9/30/98, sales rose 11%
to$19.37B.  Net income rose 14% to $3.85B. Revenues
reflecthigher sales of established major products & newer
products,and growth from the Merck Medco Managed Care
business. Earnings also reflect gains on the sales of
businesses.

After climbing 38% over the past four months, this leading
pharmaceutical company is showing signs of potential
failed rally below its 52-week high of $161.75.  Retracement
target $136-$140. Pinnacle's sentiment indicator is reaching
extreme levels (4.7) setting this high tech company up for a
precipitous sell-off if expectations don't measure up within
the drug sector.

Play: Failed Rally

Big winner for OI subscribers last week after selling off
precipitously on Friday (1/22).  Drug sector now begging to
roll over.

BUY PUT FEB-145 MRK-NI OI=1686 at $6.25 SL= 4.25
BUY PUT FEB-140 MRK-NH OI=1720 at $3.63 SL= 1.75

Chart = http://quote.yahoo.com/q?s=mrk&d=3m
*****

Perkin-Elmer Corporation (PKN) - $91.31  -2.88 (-4.06)

Perkin-Elmer Corporation (PKN) develops, manufactures and
markets life science systems and analytical instruments for
the pharmaceutical, biotech, environmental, agricultural,
forensics and chemical industries. For the three months ended
9/98, revenues rose 16% to $375.8 billion. Net income fell
21% to $17 million. Revenues reflect higher sales of biotech
products in the U.S. and Europe. Earnings suffered from
higher R&D, merger charges, decreased interest income, a $3.1
million loss at Tecan and a higher tax rate.

PKN operates internationally, with manufacturing and
distribution facilities in various countries throughout the
world and derives approximately 53% of its revenues from
countries outside of the United States. Results continue to
be affected by market risk, including fluctuations in foreign
currency exchange rates and changes in economic conditions in
foreign markets. Company is in the process of reorganizing
the Company's capital structure to help move Perkin-Elmer
toward a market leader in biomedical and genomics
information. They are currently evaluating strategic
alternatives for our analytical instruments business.

Distribution among top institutional shareholders is taking
place as stock is likely to trade back into trading range of
$65-75. Stock moving up in anticipation of  Celera Genomics
spinoff but sale of the AI division may be dragging on.
Questions also remain about suitable valuation level after
spinoff.  Today's price action attributable to possible delays
in Celera Genomics spinoff.

Play: Failed Rally

Stock finally breaking down after consolidating between $95-$100.
Target is $80.

BUY PUT FEB-95  PKN-NS OI=174 @ $6.63 SL=4.00
BUY PUT FEB-90  PKN-NR OI=27  @ $3.75 SL=2.00

Chart = http://quote.yahoo.com/q?s=pkn&d=3m
*****

Warner Lambert (WLA) - $67.94 .94 (-1.88)

Warner Lambert is a manufacturer of ethical pharmaceuticals,
biologicals, capsules, consumer health care products and
confectionary products.

Shares of large U.S. drug companies are being hurt by profit
taking and concerns about proposed changes to the Medicare
payment system.  Recently, a Bipartisan Commission opened the
door for Medicare to cover prescription drugs for
beneficiaries, a recommendation that if adopted, could put
pressure on drug companies.  Recent inquiries regarding the
safety of Rezulin received nationally televised attention and
may give rise to  investor concern.   Also, it may be
difficult to sustain the growth rates for Lipitor, Rezulin
and Neurontin products that WLA has enjoyed this past year.

Top side consolidation since July may be difficult to overcome
in extended market conditions.  Given that the drug sector
has and will continue to be a strong performing sector, we
recommend a modest sell-off price targets of $55 to 60.

Play: Failed Rally

Update:
Top side consolidation since July may be difficult to overcome
in extended market conditions.  Still trading below key 100
and 200-day moving averages and benchmark of $70.  Tighten
protective sell stop to $71.25.

BUY PUT FEB-75  WLA-NO OI=1233 @ $8.00 SL=6.75
BUY PUT FEB-70  WLA-NN OI=2134 @ $4.75 SL=3.00

Chart = http://quote.yahoo.com/q?s=wla&d=3m

***********
COMBO PLAYS
***********
U.S. blue chips stocks fell sharply Friday as worries about the
Brazilian currency crisis and poor revenues at the world's biggest
computer maker drove traders to an aggressive sell-off. The DJIA
closed 143 points lower and has shed all of its gains for the year.
Concerns that Latin America's economic instability and Brazil's
currency devaluation could hurt other countries sent investors out
of stocks and into bonds, seeking safety in U.S. government assets.
To make matters worse, IBM's earnings were good, not spectacular,
and revenues were disappointing due to poor hardware sales. IBM
also failed to announce a generally expected stock split, making
investors even more unhappy. Analysts are saying the main problem
with our current market is that optimistic investors are expecting
earnings to come in better than what they're actually going to be
and this will probably cause a near-term market downturn. We shall
soon find out!

Our new spread positions were all available near the recommended
entry points. CTXS was the first candidate, and although the stock
price continued to slide, the play (MAR90C/FEB95C) was still
favorable at an initial debit of $4.87. RDRT was also lower at the
open and the debit for the MAR17C/FEB20C bullish diagonal spread
was $1.75. LVLT was a bull-call position with a conservative bias
and the price for the MAR37C/MAR45C spread was $4.62. SEPR is our
new long-term play and the volatile trading offered a couple of
opportunities to enter the position, (JAN00-100/FEB100C) at $19.25.

Other activities included a closing play on CIEN as the stock price
gapped-up $4 amid speculation it may again be a possible takeover
target and rumors it may land a large contract. PCS continues to
move higher in the "hot" telecom sector and we are monitoring the
positions closely. They are now both deeply ITM and there is always
the chance of early exercise. Good Luck!

CREDIT SPREAD SUMMARY
*********************
Stock   Pick     Last      Position   Credit  Cost    G/L   Status

AAPL   $41.38   $38.75   FEB35P/37P   $0.87  $1.00  ($0.12)  Open
COF    $130.43  $128.69  FEB105P/110P $0.62  $0.38   $0.25   Open
ELN    $68.93   $70.25   FEB80C/75C   $0.75  $1.00  ($0.25)  Open
GMSTF  $59.87   $59.00   FEB40P/45P   $0.50  $0.50   $0.00   Open
SDTI   $25.50   $25.81   FEB17P/20P   $0.50  $0.38   $0.12   Open
SRCM   $20.87   $20.88   FEB15P/17P   $0.75  $0.75   $0.00   Open

Credit spreads are profitable if both positions remain OTM until
expiration. The cost-to-close price can be used to compare the
initial opening credit to the current spread value.

CALENDAR SPREAD SUMMARY
***********************
Stock   Pick    Last     Position    Debit   Value    G/L   Status

ATI    $64.93  $93.88 LJAN70/FEB75C  $8.50   $9.50   $1.00  Closed
BGP    $23.19  $18.69    FEB25C      $1.38   $0.25  ($1.12)  Open
CD     $19.93  $19.00 LJAN20/FEB20C  $3.50   $3.50   $0.00   Open
CPQ    $42.68  $46.19 APR45C/FEB45C  $0.00   $2.00   $2.00   Open
CTXS   $89.00  $87.25 MAR90C/FEB95C  $4.87   $5.00   $0.12   Open
DIS    $38.00  $34.13 LJAN40/FEB40C  $4.00   $3.50  ($0.50)  Open
GM     $71.50  $90.75 MAR70C/FEB75C  $4.50   $5.00   $0.50   Open
HUM    $19.50  $19.38 MAY20C/FEB20C  $1.25   $1.25   $0.00   Open
NOVL   $18.19  $19.19 MAY17C/FEB20C  $1.12   $2.50   $1.38   Open
OMPT   $14.06  $16.00 MAR15C/FEB15C  $1.50   $0.75  ($0.75)  Open
OXHP   $20.06  $18.81 MAY20C/FEB20C  $0.81   $1.50   $0.68   Open
PCS    $21.81  $30.88 MAY22C/FEB25C  $1.50   $3.50   $2.00   Open
PTEK   $11.38  $11.00 MAR12C/FEB12C  $0.50   $0.62   $0.12   Open
RDRT   $18.93  $18.31 MAR17C/FEB20C  $1.75   $1.56  ($0.19)  Open
SEPR   $99.62  $99.50 LJAN100/F100C  $19.25  $19.38  $0.12   Open
SUNW   $94.50  $98.00 LJAN100/F100C  $14.00  $17.50  $3.50   Open
WCOM   $74.25  $74.88 LJAN75/FEB75C  $5.62   $10.50  $4.87   Open

The calendar (or time spread) is profitable if the value of the
position exceeds the initial debit (or cost-basis) at the end of
the expiration period for the long position. However, because we
track the plays based on the current closing cost/value, the gains
for time spreads will rarely be reflected until the play closes.
Each month, as we sell a new call against the long position, the
net cost should decline or the position value should increase.

DEBIT SPREADS
*************
Stock   Pick     Last      Position   Debit   Value   G/L   Status

ABI   $48.87   $48.31  FEB45C/FEB50C  $2.87   2.75   -0.12   Open
AOL   $146.50  $140.44 FEB155C/160C   $2.50  $1.25  ($1.25)  Open
AOL   $146.50  $140.44 FEB155C/160C   $1.50  $1.25  ($0.25)  Open
CIEN  $18.68   $22.56  FEB12C/FEB17C  $3.50  $4.50   $1.00  Closed
FTL   $18.50   $17.81  FEB15C/FEB20C  $1.50  $2.38   $0.87  Closed
LEVL  $38.00   $39.94  FEB30C/FEB35C  $3.25  $4.38   $1.12  Closed
LU    $107.87  $103.31 FEB105C/110C   $1.75  $3.25   $1.50  Closed
LUV   $26.06   $26.69  FEB22C/FEB25C  $1.25  $2.25   $1.00  Closed
LVLT  $44.19   $45.94  MER37C/MAR45C  $4.62  $5.00   $0.38   Open
OXHP  $20.06   $18.81  FEB17C/FEB20C  $1.38  $1.12  ($0.25)  Open
OXHP  $20.06   $18.81  FEB17C/FEB20C  $1.00  $1.12   $0.12   Open
QNTM  $24.87   $24.81  FEB22C/FEB25C  $1.25  $1.38   $0.12   Open
RHD   $17.68   $15.94  MAR15C/MAR17C  $1.12  $1.00  ($0.12)  Open
SCUR  $26.75   $26.50  FEB20C/FEB25C  $3.75  $3.38  ($0.38)  Open

A debit-spread is profitable if the value of the position exceeds
the initial cost of the spread when the play is closed. However,
because we track plays based on the current cost/value, potential
gains may not be reflected until both positions are closed.

DEBIT STRADDLES
***************
Stock   Pick     Last     Position   Debit  Value   G/L    Status

JMED   $35.19   $34.25   MAR35C/35P  $5.62  $4.62  ($1.00)  Open
NXTL   $29.68   $30.63     MAY30C    $0.00  $2.12   $2.12  Closed

A debit-straddle is profitable when the value of the position
exceeds the initial cost of the spread.

NEW PLAYS
*********
MRK - Merck Company Inc.  $139.00     *** Earnings Slam ***

Merck is the #1 drugmaker in the US and is tied for first in the
world with Glaxo Wellcome in prescription drugs. They develop
products for both humans and animals; almost two-fifths of its
sales come from treating ailments associated with American eating
habits, (high cholesterol, hypertension, and heart failure). In
addition, Merck has the top-selling US drugs for hypertension
as well as newer, promising drugs for AIDS treatment, male balding
and migraine headaches. Also under development is a new arthritis
drug.

The drug developer fell $7.31 on Friday after it said it will stop
testing its MK-869 drug for use as an antidepressant. The company
hoped to develop the drug, which it will still test as a treatment
for nausea in cancer patients, as a hedge against the impending
loss of 4 major patents in 2001. The split run (2/16/98, 2-1) may
have some effect but the SOR date is Monday (after the close) and
we see this one falling short of the sold strike in mid-February.

PLAY (conservative/credit spread):

BUY  CALL FEB-160 MRK-BL OI=3366 A=$1.25
SELL CALL FEB-155 MRK-BK OI=3539 B=$1.93
NET CREDIT TARGET=$0.81 ROI=19%

PLAY (bearish momentum only):

BUY  PUT FEB-150 MRK-NJ OI=885  A=$8.50
SELL PUT FEB-145 MRK-NI OI=1686 B=$6.00
NET DEBIT TARGET=$2.38 ROI(max)=110%

Chart = http://quote.yahoo.com/q?s=MRK&d=3m
*****

EMC - EMC Corp.  $98.50     *** Technical/Disparity Play ***

EMC Corp. and its subsidiaries design, manufacture, market and
support a wide range of storage-related hardware, software and
service products for the open systems, mainframe and network
attached information storage and retrieval system market. The
company is the #1 maker of many of these components. EMC markets
its memory products under the name Symmetrix. Other products let
users manage remote data and share information across networks of
different computers. EMC continues to broaden its product line,
strengthen alliances, and expand its global presence to create
more platform-independent systems.

We just like the chart and the small disparity for a (relatively)
free-money play.

PLAY (conservative/credit spread):

BUY  PUT FEB-75 EMC-NO OI=502  A=$1.12
SELL PUT FEB-80 EMC-NP OI=1157 B=$1.50
NET CREDIT TARGET=$0.50 ROI=11%

Chart = http://quote.yahoo.com/q?s=EMC&d=3m
*****

SKYT - Skytel  $26.38     *** Telecom ***

SkyTel Communications (formerly Mobile Telecom Tech.) is one of
the leading providers of worldwide wireless messaging services,
marketing primarily to business users. The company offers a wide
range of messaging services to its users. Subsidiary SkyTel Corp.
provides paging and messaging services including pagers, two-way
alphanumeric text messaging and two-way interactive messaging.
SkyTel also provides messaging services in in Central and South
America through its Mtel Latin America subsidiary. SKYT recently
added more specialized content to its information services with
the addition of Asian market updates, real-time stock quotes,
sports scores, company news, ski reports and horoscopes. Coverage
was initiated early this month by ABN AMRO with an "Outperform"
rating and we like the long-term outlook for the chart.

PLAY (conservative/long-term play):

BUY  CALL JUN-25 MMQ-FE OI=249  A=$4.75
SELL CALL FEB-25 MMQ-BE OI=3012 B=$2.38
NET DEBIT TARGET=$2.25 TARGET ROI=60%

PLAY (very conservative/debit spread):

BUY  CALL FEB-22.50 MMQ-BY OI=50   A=$4.38
SELL CALL FEB-25.00 MMQ-BE OI=3012 B=$2.38
NET DEBIT TARGET=$1.87 ROI(max)=33%

Note: In the long-term calendar spread, we are reducing the net
cost of the long option by the amount of credit from the sale of
the nearer-term option. If the near-term call expires worthless,
we will sell the MAR call to further reduce our debit. If your
short-term position is ITM on the last day of the strike, you
need to buy it back so that you DON'T have to exercise the long
term position. In that case, your long position is going up in
value also and on the last day of the strike period, the short
call will shrink down to intrinsic value so you should be ahead
in the play even after you buy it back.

Chart = http://quote.yahoo.com/q?s=SKYT&d=3m
*****

PLCM - Polycom  $26.75     *** Telecom ***

Polycom makes long-distance teleconferencing products for use on
regular telephone networks. The ShowStation data-conferencing
system enables people in different locations to view and edit
documents on a simultaneous, interactive basis. Its SoundStation
audio-conferencing system, provides two-way voice communication
without typical speakerphone distortion. Subsidiary ViaVideo
Communications offers ViewStation, a Web-based videoconferencing
system that features a voice-tracking camera. Reported awesome
earnings last week, net revenues grew 140% for the year to over
$100 million. Technically, an outstanding chart with some recent
support around $21 but it may need to consolidate before moving
higher. That will be just the thing we need to benefit from this
time spread.

PLAY (conservative/calendar spread):

BUY  CALL MAR-25 QHD-CE OI=0   A=$4.38
SELL CALL FEB-25 QHD-BE OI=163 B=$3.15
NET DEBIT TARGET=$1.00 TARGET ROI=40%

Chart = http://quote.yahoo.com/q?s=PLCM&d=3m
*****

NRC - NAC RE Corp  $48.56     *** Technical Time Spread ***

NAC Re is a holding company whose subsidiaries offer property and
casualty reinsurance. Subsidiaries NAC Reinsurance, Greenwich
Insurance Company, Indian Harbor Company, and NAC Re International
Holdings provide both treaty reinsurance for categories of risk
and facultative individual risk reinsurance to primary insurers of
casualty risk. Most U.S. commercial property-casualty insurers,
battered by an unrelenting price war and increases in catastrophe
losses, were expected to post flat to lower earnings in the fourth
quarter. This may also be the case for NRC but we think the stock
price will hold near the current range for the next few weeks.
Technically, NRC is making feeble attempts to break-out of it's
stage III top but with little volume support. Its 150 dma is the
current resistance (around $49) with support around $45. It will
take some work to exit the current sideways trend and that's just
what we need to make this play profitable.

PLAY (conservative):

BUY  CALL MAR-50 NRC-CJ OI=160 A=$4.87
SELL CALL FEB-50 NRC-BJ OI=289 B=$3.62
NET DEBIT TARGET=$1.00 TARGET ROI=50%

Chart = http://quote.yahoo.com/q?s=NRC&d=3m
*****

CNTO - Centocor  $39.93     *** Butterfly Spread ***

Centocor makes therapeutic, diagnostic drugs for cardiovascular
problems, cancer and other diseases. Three of their products are
approved for sale in the US: ReoPro prevents blood clots during
angioplasty, Remicade treats the bowel disorder Crohn's disease
(and is being tested for efficacy against rheumatoid arthritis),
and Panorex treats cancer. ReoPro is sold in the US and Europe by
Eli Lilly. Centocor's drug Avakine is in the final US testing
stages for treatment of Crohn's disease. The company owns the US
and Canadian marketing rights for Retavase, a cardiovascular drug
developed by Roche Holding. Centocor is also selling its oncology
diagnostics business to focus on therapeutics.

Recently, Morgan Stanley Dean Witter cut its rating on the firm
to "outperform" from "strong buy" and adjusted its 12-month price
target to $51 per share from $62 per share. We think that's a bit
optimistic as CNTO has been trading around $35 to $45 for almost
two years and has a very long term base with no immediate signs of
a significant character or trend change. The volatility of the
holiday bull-run seems to have dissipated and the sideways trend
is now resuming. We are going to start this play as a "butterfly"
but plan to roll-out of each spread as the stock price moves about
the $40 range.

PLAY (conservative/long-term):

BUY  CALL  APRIL-35 COQ-DG OI=364  A=$7.50
SELL CALLS APRIL-40 COQ-DH OI=507  B=$4.38
BUY  CALL  APRIL-45 COQ-DI OI=1227 A=$2.68
NET DEBIT TARGET=$1.00 TARGET ROI=50%

The butterfly spread is generally a neutral position that is
a combination of both a BULL spread and a BEAR spread. This
spread is designed primarily for the stock that will not
experience much of a net rise or decline by expiration. It
generally requires only a small investment and has a limited
risk but profits are limited as well. It can also be costly
in terms of commissions so you should consider playing these
combination strategies with a low cost (discount) broker.

There are three strike prices involved in a butterfly spread.
With calls, (and it can also be done with puts) the butterfly
spread consists of buying one call at the lowest strike price,
selling two calls at the middle strike price and buying one
call at the highest strike price. Next week, we will run the
complete strategy narrative again to help the beginning traders
with the technique.

Chart = http://quote.yahoo.com/q?s=CNTO&d=3m

INDEX OPTION SPREADS
********************
As a trader, you may be familiar with options on individual stocks
where you have the right to buy (call option) or the right to sell
(put option) a particular stock at some predetermined price within
some predetermined time. The buyer has the rights and the seller
the obligations. With index options the basic ideas are the same.
Index options allow you to make investment decisions on a specific
market industry or on the market as a whole. Spread strategies can
be made with index options similar to those made with individual
stock options. Many professional traders employ index spreads as a
hedge strategy. We favor debit positions on the SPX for momentum
and longer-term plays and OTM credit spreads on the OEX when the
risk/reward is favorable. Low ROI disparity spreads will be listed
(when available) for the conservative index trader.
*****

OEX - S&P 100 Index  $610.38     OTM Credit-Spreads

The Standard & Poor's 100 Index is a capitalization-weighted index
of 100 stocks from a broad range of industries. The component
stocks are weighted according to the total market value of their
outstanding shares. The impact of a component's price change is
proportional to the issue's total market value, which is the share
price times the number of shares outstanding.

OBSERVATIONS:

For OTM credit spread trades, we like to use the actively-traded
S&P 100 Index options because they contain much more premium than
options on individual stocks and provide an underlying instrument
less prone to huge, gapping moves. Remember however, that you can
always be exercised early so monitor your positions daily.

TECHNICALS:

While the overall market seems likely to remain in a wide trading
range over the next few weeks, the probabilities are quite strong
that we have reached a short-term top and the current outlook is
somewhat unfavorable. The DOW has found some support just above a
key level around 9085 and a close below that number confirmed by
a S&P 500 close below 1205 would signal a more serious correction.
The long-term pattern is in a neutral but weakening condition with
the NYSE survey starting to slip and the NYSE momentum index at
its worst level in years. Review the Pinnacle Hedge-Section for
more specific technical information on the S&P 100 Index.

PLAY (very conservative/disparity-low ROI):

BUY  PUT FEB-550 OEW-NJ OI=3944 A=$4.50
SELL PUT FEB-555 OEW-NK OI=1265 B=$4.87
NET CREDIT TARGET=$0.38 ROI=8%

PLAY (conservative/bearish):

BUY  CALL FEB-670 OEY-BN OI=6374 A=$1.19
SELL CALL FEB-660 OEY-BL OI=6738 B=$2.12
NET CREDIT TARGET=$0.93 ROI=10%

PLAY (aggressive/bullish):

BUY  PUT FEB-565 OEW-NM OI=2357 A=$6.38
SELL PUT FEB-570 OEW-NN OI=3851 B=$7.25
NET CREDIT TARGET=$0.87 ROI=21%

CHART= http://quote.yahoo.com/q?s=oex&d=b????HOW TO SUBSCRIBE?****************??We would like to have you as a subscriber. You may subscribe?at any time but your subscription will not start until your?free trial is over.??The monthly subscription price is 39.95?The quarterly price is $99 which is $20 off the monthly rate.??To subscribe you may go to our website at??www.optioninvestor.com??and click on "subscribe" to use our secure credit?card server or you may simply send an email to?"subscribe@optioninvestor.com" with your?credit card information,(number, exp date, name)?or you may call us at 303-797-0200 and give us the?information over the phone.??You may also fax the information to: 303-797-1333??*****??PLEASE SEE DISCLAIMER IN SECTION ONE??*****???


fyi
---------------------- Forwarded by David W Delainey/HOU/ECT on 11/27/2000
10:11 AM ---------------------------
From: Stephen H Douglas on 11/27/2000 08:03 AM
To: David W Delainey/HOU/ECT@ECT
cc:
Subject: Re: 2001 Plan

John Swafford spoke with David Vander in Wes' group last Tuesday and informed
him that, after reviewing matters, the Corp. State and Local Group had
reduced the charge to ENA from $821,000 to $321,000.  This reduction goes far
to bringing costs in line with those from last year and, the remainder of the
increase, relates to the expansion of support at Corp. related to the
expansion of ENA's business.  Best regards.  Steve.

David W Delainey
11/22/2000 03:05 PM
To: Stephen H Douglas/HOU/ECT@ECT
cc:
Subject: Re: 2001 Plan

Steve, what is the status?

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 11/22/2000
03:05 PM ---------------------------
From: Stephen H Douglas on 11/13/2000 08:30 PM
To: David W Delainey/HOU/ECT@ECT
cc: Robert Hermann/Corp/Enron@ENRON, Wes Colwell/HOU/ECT@ECT
Subject: Re: 2001 Plan

I spoke with Bob Hermann this afternoon and, in short, the single biggest
contributor to the increase in the corporate tax allocation relates to the
expansion of state and local tax support being provided to our new "business
verticals" - that is, Enron Global Markets, Enron Industrial Markets and
Enron Net Works - which expense should be specifically allocated to such
groups rather than ENA, as is currently the case.  I will follow up with you
regarding the revised number after I have resolved the allocation issue.
Best regards.  Steve.

David W Delainey
11/10/2000 12:53 PM
To: Robert Hermann/Corp/Enron@ENRON, Stephen H Douglas/HOU/ECT@ECT
cc: Wes Colwell/HOU/ECT@ECT
Subject: 2001 Plan

Guys, I noticed that the corporate tax allocation to ENA has more than
doubled from 2000 forecast to 2001 plan ie) $1,600,000 from $700,000.  Could
you please explain.  Our goal which is being met in ENA's direct expense
groups is to remain flat year or year from 2000 to 2001.

Regards
Delainey


This is just a reminder that Ron Astin of V&E will give a presentation
regarding Raptor Tuesday November 7, 2000 in EB 20C2 from 11:30 am to 1:00
pm.  Lunch will be provided.

If you have any questions or will be unable to attend please contact me at
713/345-7664.

Thanks,
Melba


Tana:

The following CPs are not authorized to trade US power:

AFG Industries, Inc. - restricted by credit
Cantera Resources, Inc. - restricted by credit

ONEOK Energy Marketing and Trading Company, L.P. - not a current CP/not FERC
approved
Southern Connecticut Gas Co. - not a current CP/not FERC approved

Leslie


???????  <<LJUN0500.V1>>

 - LJUN0500.V1


Thanks!!  Hope all goes well with you all and UBS, don't worry I have been trying to show others in the group the risk systems so you don't get hounded by Ed.

 -----Original Message-----
From: 	Keiser, Kam
Sent:	Friday, January 25, 2002 12:44 PM
To:	Diamond, Russell
Subject:	RE: Contact Info

Congratulations!!!!

 -----Original Message-----
From: 	Diamond, Russell
Sent:	Friday, January 25, 2002 12:24 PM
Subject:	Contact Info

Hello folks,

I have accepted a position with RWE Trading Americas, my last day with ENRQ will be next Thursday, Jan 31.  I have enjoyed working with all of you and hope that our paths will cross as we find our way to more exciting ventures.

Russell
ridiamond@yahoo.com
713-665-3345


Mike,

I am not coming to Vancouver this weekend after all. The car I really wanted to look at sold so I am postponing my trip. I will probably be coming out in the next month or so and I will let you know. Take it easy. Do you have John Hughes' e-mail address?

Dorland


i got your email address.  hope you had a great new years.

love matt


Please join Dan McCarty, ETS Chief Commercial Officer, for an eSpeak to
discuss the future of ETS on Wednesday, October 25, at 10:00am Houston time.

If you are unable to join Dan live, please submit your questions ahead of the
event by logging on to www.ethink.enron.com and click eSpeak.


Please add the following 3 products to your list of Clickpaper Product Types
for approvals.  There are now 24 product types that will  need to be approved
for Clickpaper Counter Parties.

CAN Recycled OCC Phy
CAN Recycled ONP Phy
CAN Newsprint Phy

Best Regards,

Nicole Hunter
Clickpaper Support Team
713-345-8438


713-646-3059

-----Original Message-----
From: Adams, Suzanne
Sent: Tuesday, April 02, 2002 10:17 AM
To: McMichael Jr., Ed; Gregory, Paul; Concannon, Ruth; Germany, Chris; 'cschiffman@houston.rr.com'; 'steve.loden@weil.com'
Subject: Working Group List
Importance: High

I'm preparing a contact list for Kay Mann and need the following:

Ed, Paul, Ruth & Chris, I need your fax numbers.

Candace, I need a fax number for you too, but I have all your other information.

Steve, I need your telephone and fax number.

Thanks!
Suzanne Adams
(713) 853-7340


Kay,

Here is the Cover Sheet and Attachments for the above C/P.  I wasn't sure
about the due diligence on the "agency relationship" so was unsure as to
whether to put those riders in.  I have attached those riders so you can
advise me.  The Agreement is housed in your directory minus the General Terms
and Conditions.  When you are ready to send the Agreement then I can attach
the GTC.

Thanks,
Genia


ORA  Testimony (Mark Pocta) in I.99-07-003
 - 1HS#01!_.doc


Tim,

John is currently evaluating the current HR list for Commercial Managers, Directors and VP's that are eligible for bonus.

Please review the list below of these commercial employees that report up to you, directly or indirectly, and let him know if you see any discrepancies.

Your prompt response would be appreciated.

Thank you,

Kim
x30681

Michael Swerzbin	VP
Sean Crandall		VP
Mark Fischer		Manager
Matthew Motley		Manager
Timothy Heizenrader	Director
Thomas Alonso		Manager
John Forney		Manager
Holli Krebs		Director
Christopher Foster	Director
Jeffrey Richter		Manager
Gregory Wolfe		VP
Diana Scholtes		Manager
Robert Badeer		Manager
Kimberly Ward		Manager
John Malowney		Manager
Stewart Rosman	Director
David Ellis		Manager


Gerald,

Attached is the final draft of the Medusa Proposal.  Tom Byargeon and Kevin
Miller need to review the language one last time, but there should not be
substantial changes to the text.  The numbers will be finalized tomorrow.
For your information, I have included a "term sheet" which I believe
summarizes the conepts of the proposal.  the term sheet will not be sent to
Murphy Oil.

We have already reviewed the numbers and concepts with our VP Jean Mrha.  We
will have our last pre-submittal RAC meeting with Brad Larson tomorrow at
9:00 AM.  Our bid needs to go out by end of day Tuesday.

Please call me and let me know your estimated timing on the legal review.
Also, please call if you have any questions or comments on the proposal.

Thank you for your support.

Kenn Loch
713-345-8962


Anne, it looks like the socal position for socal is incorrect.  The position
looks much smaller than it did today.  Please check to see if Patti made
changes to deals in sitara.

Gracias,
Mike Grigsby


Hello, Compadres!  I'm FINALLY back on-line!   PLease note my new address:
cluwhite@hotmail.com

I look forward to corresponding . . . cara

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


I have reviewed the memo distributed in yesterday's staff meeting and offer
the following changes in red:

Brenda Herod serves as Business Controller for ENA's assets business, working
with the Gas Assets group and the Texas trading desk.  Her responsibilities
include global contracts and facilities, risk management, confirmations, gas
scheduling, volume management, settlements and regulatory compliance for
Houston Pipeline, LRC and Enron Midstream Services.

Thanks.


request_number:  DS-AC:002
firstname:  Thomas
lastname:  DeBoer
e-mail:  tdeboer@painehamblen.com
exhibit_wp-02-e-:  JCG-01 and JCG-02
page_numbers:
request_text:  Amended Request No.: DS-AC:002

Request: Witnesses: Pamela Lesh, Robert E. Orton, Marilyn G. Showalter and W.
Scott Brattebo, David W. Hoff, Kevin P. O'Meara, Lon L. Peters, Geoffrey H.
Carr, and Marc H. Hellman, respectively
  Exhibit: WP-02-E-JCG-01 and WP-02-JCG-02

 Please disclose and/or produce any and all communications from October 16,
2001 to the present, between any the BPA representatives listed below and any
representative of any other party concerning BPA's rates to be in effect for
BPA's Fiscal Years 2002-2006, the interactions of such rates and customer
contracts, or procedural aspects of these rate proceedings.

 Bob Proctor
 Tim McCoy
 Byrne Lovell
 Byron Keep
 Valerie Lefler
 Jon Wright
 Peter Berger

 For purposes of this Request, "disclose and/or produce" has the meanings
described below.  With respect to oral communications, "disclose and/or
produce" means to describe the time, date, approximate duration, and
substantive content of the communication; the identity and organizational
affiliation of the communicating individuals; whether the communication
occurred in person or by telephone; the location of the communication if in
person; the identity of any witnesses to the communications, including all
individuals in the room if the communication occurred by speakerphone; and
whether the communication was made in the presence of or after coordination
with BPA counsel(if so, identify such counsel).  For purposes of this
Request, you need not "disclose and/or produce" oral communications that
occurred during meetings noticed in compliance with Rate Case Rule 1010.7(d).

 With respect to written communications, the Request includes communications
in any recorded form, whether on paper, electronic (including, without
limitation, e-mails), or whatever form.  For such communications, "disclose
and/or produce" means to provide copies of all non-identical versions of any
written communications and to describe with particularity the circumstances
under  which they were generated or referred to; and to fully "disclose
and/or produce" any oral communications made in connection with the written
communications consistent with the preceding paragraph. For purposes of this
Request, you need not produce papers served on all parties to the rate case
and made part of the official file in the rate case.

response_text:  Avista Corporation (Avista) objects to this Data Request on
the grounds that it:  (i) seeks information that is not relevant; and (ii)
seeks information that is unduly burdensome to produce.  (Rules of Procedure
Governing Rate Hearings, Section 1010.8(b)). Avista further objects to this
Data Request on the grounds that it is in improper form as it does not cite
to specific testimony or indicate the specific use to which the information
sought will be put. (Special Rules of Practice, WP-02-01).  Without waiving
the foregoing objections, Avista responds as follows:

 I am aware of no communications responsive to this Data Request other than
those disclosed in response to DS-AC:001.

The following information is from the web server:
1.  Logon: IUSR_GRANITE
2.  Remote Host:  border.paine-hamblen.com
3.  Remote IP Address:  207.53.155.98
4.  Form URL:
https://secure.bpa.gov/power/secure/psp/ratecase/discovery/wp_02_response.html
5.  Browser Client:  Mozilla/4.7 [en] (Win95; I)


obeisance (o-BAY-sans, o-BEE-) noun

   1. A movement of the body expressing deep respect or deferential courtesy,
      as before a superior; a bow, curtsy, or other similar gesture.

   2. Deference or homage.

[Middle English obeisaunce, from Old French obeissance, from obeissant,
present participle of obeir, to obey.]

   "I was always glad to be relieved from my duty, and went straight to the
   bedroom after doing obeisance to my father."
   M.K. Gandhi, The Story of My Experiments With Truth, 1927.

Five or seven messages in a week? That was a close poll. We received 4112
votes for five compared to 4049 for seven. This is your list and accordingly,
beginning with next week AWAD will go out five days a week.

Thanks to everyone for taking the time to voice your opinion. Your love and
concern shows--a good number of people sent their votes for five to indicate
that we, the people at Wordsmith, should take some time off.

Here are some selections from the comments that came with the ballots.
(Ballot, from Italian ballotta, a small ball used to register a vote.
So for this poll, maybe I should call these emailots).          -Anu

   If you go to five, you'll have to change the name of this valuable
   mailing to FWAW. Scott Murphree-Roberts

   I'd vote with the Beatles - eight days a week! Please don't stop AWAD at
   weekends! Barbara Cooper, Rome, Italy

   With so many words to learn, we need at least seven days a week.
   Helen Slade

   Oh, Like I'd Just Stop BREATHING on Weekends?
   More work for you, more fun for me. Seems like a no-brainer to me!
   Thanks for the great service! Hampton G. Miller

   In the Middle East, Thursday and Friday are the weekend. Here in New
   Zealand, our Monday is your (North American) Sunday. The "weekend"
   therefore stretches from Thursday to Monday. Seen from a global
   perspective (which is the only reasonable view to take on a language as
   ubiquitous as English) the issue is therefore meaningless. Regards,
   Philip Gould

   I like 7. I enjoy the email, and use it to verify that my email is up and
   running. Audrey Calvo

   If, like the gallant little tailor, you're up to seven at a blow, so am I!
   Heartfelt thanks for 'A word a day' and AWADtalk -- the highlights of my
   day! Cheers, Paulb

   Take a break on weekends! Give me time to absorb all the wonderful new
   words you have sent during the week! Maddytg

   Take the weekend off. Although I will miss the extra two entries, I'd
   rather see you conserve your efforts. I would hate to see this wonderful
   service burn out because of fatigue. Jane Dinielli

   Have weekends free. I think AWAD is great, but I also think you deserve
   time off. I hope enough others agree! Art Funkhouser, Bern, Switzerland

   I say take a break but I really love your programme - even if it does
   spell the American way, eh? Rod Dawson, Canada

   I love wordsmith. I feel smarter, look smarter. But I want to be dumb on
   weekends and find that I don't pay attention as much. Please don't think
   that we don't love you as much as ever just because we want slightly less
   of you. Janice Heilmann

This week's theme: words from Gandhi's autobiography.

.............................................................................
The Lord prefers common-looking people. That is the reason He makes so many
of them. -Abraham Lincoln, 16th president of the U.S. (1809-1865)

Q: Can I make a link from my Web site to the AWAD site?
A: Certainly. You may use this HTML:

Pronunciation:
http://wordsmith.org/words/obeisance.wav
http://wordsmith.org/words/obeisance.ram


Gerald,

 I wanted to get you started on this ASAP as we discussed.  I don't expect a
finished product but
 preferr that you initiate the draft and I'll work with it as necessary in
you absence.  Thanks for you
 cooperation.

 I have attached a summary of the Parking Provision and the CSA in addition
to the Term Sheet
 that is dated but you get the idea.


Sorry for the late notice, but is it possible to get together by telephone
tomorrow at around 10:00 a.m. CDT to discuss the upcoming CPUC workshop and
how TW and Enron should be engaged in that process?  Mark, Jeff, we'll
initiate the call here from Houston.


Shirley,

My Power Point presentations for Peoples'
presentation,

I need color transparencies.
I don't know how many B&W copies we need.
You can ask  Lynn Pitofsky about the number
of participants.

Vince


The attached schedule covers both Friday and Saturday, April 19-20.  Associated text files have been posted to Sparky.

Michael R. Frazier
Manager, Load Forecasting
Enron Energy Services
Office: 713-345-3200
Pager: 877-926-0615
P-mail: 8779260615@skytel.com


We should include David Oxley -- VP of human resources.

From: Kelly Johnson/ENRON@enronXgate on 07/18/2001 11:13 AM

To: Steven J Kean/NA/Enron@Enron

cc: Maureen McVicker/NA/Enron@Enron

Subject: ENE Officer Elections

Steve:

Please review the attached ENE Officer list for your direct reports and
approve.

Thank you.

Kelly M. Johnson
Enron Corp.
Executive Assistant
Tel: (713) 853-6485
Fax: (713) 853-2534
E-Mail: kelly.johnson@enron.com


Attached are the GCP Set ups and Sign offs on Clickpaper approvals for
10-26-00 with GCP responses marked in RED.

Adnan

Walter Guidroz
10/26/2000 12:00 PM
To: Camille Gerard/Corp/Enron@ENRON, Mary G Gosnell/HOU/ECT@ECT, Samuel
Schott/HOU/ECT@ECT, Adnan Patel/Corp/Enron@ENRON, Tanya Rohauer/HOU/ECT@ECT,
Paul Radous/Corp/Enron@ENRON, Tom Moran/HOU/ECT@ECT, Bradley
Diebner/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT,
Stacey Richardson/HOU/ECT@ECT, Frank L Davis/HOU/ECT@ECT
cc:
Subject: ClickPaper approvals, October 26

Attached are ClickPaper approvals for October 26.

Walter


November 21, 2000

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Please do not attempt to respond to this message.

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Charlie,
	Wed is supposed to be an intern lunch (though the email has not yet been sent).  I helped EBS put together the presentation...

	Thursday is a brown bag luncheon....

	Can we plan on Friday?  Early or late... Vance and I will work around your schedule...

Eric Schneider
Enron Broadband Services
(713) 853-5078

	V Charles Weldon/ENRON@enronXgate 06/04/01 11:47 AM 	   To: Vance Holtzman/ENRON@enronXgate, Eric Schneider/Enron Communications@Enron Communications  cc:   Subject: FW: Lunch

Can't do lunch on Tuesday due to a meeting that just  got planned.  Let's shoot for  Wed.

 -----Original Message-----
From: 	Weldon, V. Charles
Sent:	Thursday, May 31, 2001 5:27 PM
To:	Schneider, Eric; Holtzman, Vance
Subject:	RE: Lunch

Let's shoot for lunch next Tuesday.  Would one of you please contact me that a.m. to see how the day is going.  It's been pretty hectic lately but I think we will be able to do it.

Thanks,

Charlie

 -----Original Message-----
From: 	Schneider, Eric
Sent:	Thursday, May 31, 2001 9:24 AM
To:	Weldon, V. Charles; Holtzman, Vance
Subject:	Lunch

Charlie,
	I spoke with Vance Holtzman yesterday about the 3 of us getting together for lunch.  However, Friday does not work because we are meeting up with a large group of interns for lunch on Friday.  Is it possible that we meet for lunch next Tuesday (June 5)?  Please let me know if this fits your schedule...  Thanks,

Eric Schneider
Enron Broadband Services
(713) 853-5078


Does this resume interest you?
 -----Original Message-----
From: 	"Cathy Cooper" <catcooper@home.com>@ENRON
Sent:	Wednesday, July 25, 2001 9:26 AM
To:	Zufferli, John
Subject:	Cathy Cooper's resume

John: as requested here is a copy of my resume.  I am looking for a
sales/marketing position with your power or gas group. Thanks and I will
follow-up with you shortly.
Cathy

 - Resume.doc


This relates to our conversation today about the retail contracts.  Thanks.

 -----Original Message-----
From: 	Sharp, Vicki
Sent:	Tuesday, December 18, 2001 8:53 AM
To:	Delainey, David W.
Cc:	Dietrich, Janet; Smith, Mike D.
Subject:	EES contracts

I wanted to bring you up to speed about some meetings we have been having regarding contract issues in the bankruptcy proceedings.

In connection with our asset sales, EES has been concerned about the deterioration in the value of the EES book as we receive notices from customers that they are terminating their contracts with us.  In general, our customers would not have the right to terminate EES contracts unless the contracts are considered forward contracts.  If the contracts are non forward executory contracts, the customer would have no right to terminate, and only EES as the debtor could effectively terminate by rejecting the contract.

In any event, EES had been planning to write to the utilities where we had customer books that we are trying to sell, and state, in short, that the utility did not have the right to terminate our contracts with the utility because they were executory contracts, and that the utility did not have the right to process customer requests to switch  to other retail energy providers   because the customers did not have the right to terminate our contracts, since they were executory contracts.

As we have discussed,  it is an open issue as to whether our contracts are forward or non-forward contracts.  The arguments that these contracts are not forward contracts would be based on the theory  that our customer is not a forward contract merchant, that retail contracts are much more than commodity contracts and include numerous other   services, and that the  contract can only be terminated by a forward contract merchant.  If we receive some offers to buy the retail books, claiming that our contracts are non-forward contracts would maximize the value of EES because the customers would be prevented from terminating their contracts and would not be switched to new  retail energy providers.  However, on a long term basis,  there may be advantages to any retail business on a go forward basis to consider these contracts forward contracts.  This would allow energy providers in the future to terminate upon customer bankruptcies.

At the trading issues meeting  Janet, Mike and I attended yesterday, it was the strong view of the group that the best position for Enron in the bankruptcy process was that retail contracts were forward contracts, and that this position should be taken on an Enron wide basis.  I am assuming that we will want someone in a commercial role to confirm that this is the position EES is being asked to take for the benefit of the overall estate, and that we should not, in any letters we are writing to the utilities, describe our contracts as executory and subject to the automatic stay of the bankruptcy court.  I think we would go forward with other parts of the letter to the utilities that is not inconsistent with the overall positions.

Please let me know if you need more info.  Thanks.


The attached file is the latest version, go to SUMMARY page.  I still have some finalizing to do on the format/info to present, would appreciate comments, feedback, etc.  As you will see, we have veered some from our initial task of looking at "SCE" and "PG&E" method, mainly b/c I have come to believe, based on info from Sue Mara and other sources, that SCE does not intend to eliminate the CTC -- they have merely stopped calculating it for now until they can get some guidance from CPUC.  Nevertheless, if the CTC were to be eliminated, the impact is shown in the model summary.

I plan to speak some with Belden as soon as he gets in tomorrow AM, and then we can proceed to talking with Whalley, et al.  Thanks....


No, but let me see what I can come up with.  It's early now, so it will be
about another hour before they start to show up here in the office.  I'll let
you know.


Chris I have thursday off so give me a call and I will go with you  home:
228-7767, cell 702-0463.  I will also be able to give you the cashish


I don't think I'm going to be making this trip......I close on a house the
29th of Nov ......and the enron christmas party is sat Dec 9th.....

 thanks for the heads up, sorry I can't make it.......have a happy holiday..

  p.s. just a suggestion,........you guy's should get together with
Napoleon.....oops, I meant Foose


I am interested in obtaining parking in the new Enron  parking garage.    I am currently in the Kellogg building.

Thanks,

John Forney
Director,  East Power Trading
3-7160