IntercontinentalExchange
                                                                                Firm Power Price Bulletin
                                                                                For Power Delivered on Tuesday, October   30, 2001
                                                                                (Trade Date of Monday, October   29, 2001)
Click here to access index history .
                                                                                * volume represents sell-side only *

Hub	High	Low	Wtd Avg Index	Change ($)	Vol (Mwh)
Cinergy	         $27.00	         $23.00	         $25.55	-   6.48	          80,000
Comed	         $26.00	         $22.15	         $23.78	-   4.10	           4,000
Entergy	         $30.50	         $26.25	         $27.46	+    .96	          16,000
Nepool	         $39.25	         $37.00	         $37.37	-   2.61	           8,000
Palo Verde	         $40.00	         $37.50	         $38.79	+   4.72	           5,600
PJM-West	         $28.50	         $27.50	         $28.02	-   4.23	          50,400
SP-15	         $38.65	         $37.80	         $38.24	+   4.46	           4,000
TVA	         $27.50	         $26.75	         $27.07	-   6.04	           4,000

                                                                                Includes all trades done from 6 AM to 11 AM Central Prevailing Time on the trade date specified for financially firm power delivered during the on-peak hours (6 AM - 10 PM CPT for Eastern hubs / 6 AM - 10 PM Pacific Prevailing Time for Western hubs) on the delivery date(s) specified.
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So it is the 2nd after all?  Thought it might be the first, which I could
have made.  The 2nd doesn't work---have set up a meeting with ENA to meet
with Sempra execs to see if a deal can be done (yeah, right).  But since it's
that early on the 2nd, I can call in by conference call and attend the first
90 minutes, or so.  Will that work?

In other exciting news, going to meet with the lawyers and Bowen either this
afternoon or first thing in the morning tomorrow.  You want to join?  And
should I see if Scott and/or Donald want to attend?  Just let me know.

Best,
Jeff

	Sue Nord
	10/25/2000 02:15 PM

		 To: Jeff Dasovich/NA/Enron@Enron
		 cc:
		 Subject: Bandwidth Trading Structure Meeting

I hope this works for you.

----- Forwarded by Sue Nord/NA/Enron on 10/25/2000 02:15 PM -----

	Wayne Gardner@ENRON COMMUNICATIONS
	10/25/2000 01:15 PM

		 To: Alisa Christensen/Enron Communications@Enron Communications, Sue
Nord/NA/Enron@Enron, Donald Lassere/Enron Communications@Enron
Communications, Lara Leibman/Enron Communications@Enron Communications,
Michelle Hicks/Enron Communications@Enron Communications, Robbi Rossi/Enron
Communications@Enron Communications
		 cc: James Ginty/Enron Communications@Enron Communications
		 Subject: Bandwidth Trading Structure Meeting

The Bandwidth Trading Structure meeting witll take place at 8:30 am on
November 2, 2000, in conference room 4434.  I will circulate a meeting agenda
no later than October 30.

W. Wayne Gardner
Enron Broadband Services
1400 Smith Street
Houston, TX  77002-7361
Phone:  713 853 3547
Fax:  713 646 2532


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

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

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

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

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Email: perfmgmt@enron.com

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

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

Employee Name                   Supervisor Name                 Date Selected
-------------                   ---------------                 -------------
TAMARCHENKO, TANYA V            VASANT SHANBHOGUE               Oct 26, 2000
WALTON, SHEILA H                DAVID OXLEY                     Oct 27, 2000
YAMAN, SEVIL                    VASANT SHANBHOGUE               Oct 27, 2000


Take a look at the attached memo from our expert witness, Gerry McGrath, and
give me a call.

Steve Howard
Alschuler Grossman Stein & Kahan LLP
phone: 310-407-7613
fax: 310-552-6077
cell:  213-716-0536
e-mail:  showard@agsk.com

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

ALSCHULER GROSSMAN STEIN & KAHAN LLP
ATTORNEYS AT LAW
www.agsk.com

2049 Century Park East
Thirty-Ninth Floor
Los Angeles, CA 90067-3213
Tel 310-277-1226
Fax 310-552-6077

This transmission is intended only for the use
of the addressee and may contain information
that is privileged, confidential and exempt from
disclosure under applicable law. If you are not
the intended recipient, or the employee or agent
responsible for delivering the message to the
intended recipient, you are hereby notified that
any dissemination, distribution or copying of
this communication is strictly prohibited.

If you have received this communication
in error, please notify us immediately
via e-mail at postmaster@agsk.com or
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...............................................
 - ECT - Model Ques..doc


Interesting slide presentation on the state of powerplants, siting and
natural gas in CA

Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854
----- Forwarded by Susan J Mara/NA/Enron on 05/17/2001 01:44 PM -----

	"Julia Wright" <jwright@s-k-w.com>
	05/17/2001 12:51 PM

		 To: "Marilyn Hawes" <marilyn@ceert.org>, "Kelly Boyd"
<kelly.boyd@asm.ca.gov>, "Karen Edson (E-mail)" <kedson@ns.net>, "Julee
Malinowski-Ball (E-mail)" <jmball@ns.net>, "Joseph Alamo" <jalamo@enron.com>,
"John White (E-mail)" <vjw@cleanpower.org>, "John Rozsa (E-mail)"
<john.rozsa@sen.ca.gov>, "John Redding" <john.redding@gene.ge.com>, "John
Larrea (E-mail)" <john.g.larrea@williams.com>, "John Fistolera"
<johnf@ncpa.com>, "John Fielder (E-mail)" <moravekj@sce.com>, "John Fielder
(E-mail 2)" <fieldejr@sce.com>, "John Bridges (E-mail)"
<bridgesj@epenergy.com>, "Joe Ronan" <joer@calpine.com>, "Joe Lyons (E-mail)"
<joseph.lyons@asm.ca.gov>, "Jim Groninger (E-mail)" <gronijn@texaco.com>,
"Jerry Jordan (E-mail)" <jordan@cmua.org>, "Jeff Dasovich (E-mail)"
<jdasovic@enron.com>, "Jeannie Cain (E-mail)" <jeanne.cain@calchamber.com>,
"Jan Smutny-Jones (E-mail)" <smutny@iepa.com>, "James D. Boyd (E-mail)"
<jim@resources.ca.gov>, "Jack Stewart (E-mail)" <jstewart@cmta.net>, "Jack
Gualco" <jackson_gualco@gualcogroup.com>, "Jack Flanigan (E-mail)"
<jackflanigan@flaniganlaw.com>, "Greg Hardy (E-mail)" <hardygl@texaco.com>,
"Grace Davis" <grace.i.davis@intel.com>, "Gordon McDonald"
<gordon.mcdonald@pacificorp.com>, "Gary Schoonyan" <schoongl@sce.com>, "Gary
Heath (E-mail)" <gheath@eob.ca.gov>, "Evelyn Elsesser (E-mail)"
<eke@aelaw.com>, "Eloy Garcia (E-mail)" <egarcia@ka-pow.com>, "Ed Yates
(E-mail)" <ed@clfp.com>, "Doug Fernley" <fernley.doug@epenergy.com>, "Dorothy
Rothrock (E-mail)" <drothrock@cmta.net>, "Dominic DiMare"
<dominic.dimare@calchamber.com>, "Derek Naten" <derek.naten@roche.com>,
"Denny Samuel (E-mail)" <dsam@chevron.com>, "Dennis Price (E-mail)"
<priced@epenergy.com>, "Denice Cazalet" <dcazalet@apx.com>, "Delbert Fore
(E-mail)" <fore.delbert@epenergy.com>, "Delaney Hunter (E-mail)"
<dhunter@smithandkempton.com>, "Dan Carroll (E-mail)" <dcarroll@dbsr.com>,
"Craig Brown (E-mail)" <brownc2@epenergy.com>, "Cindy Howell"
<chowell@sempra.com>, "Charles Bacchi" <charles.bacchi@asm.ca.gov>,
"Catherine Hackney (E-mail)" <hacknece@sce.com>, "Carolyn McIntyre (E-mail)"
<cmcintyre@sempra.com>, "Brian Kelly (E-mail)" <brian.kelly@sen.ca.gov>, "Bob
Houston (E-mail)" <houstgrp@pacbell.net>, "Bob Foster (E-mail)"
<fosterrg@sce.com>, "Bill Keese (E-mail)" <wkeese@energy.state.ca.us>, "Bill
Dombrowski (E-mail)" <cra@calretailers.com>, "Bill Booth (E-mail)"
<wbooth@booth-law.com>, "Becky Kilbourne (E-mail)" <bakilbourne@calpx.com>,
"Barbara Barkovich (E-mail)" <brbarkovich@earthlink.net>, "Audra Hartmann
(E-mail)" <ath@cpuc.ca.gov>, "Art Carter (E-mail)" <debinorton@aol.com>,
"Anna Ferrera (E-mail)" <anna.ferrera@sen.ca.gov>, "Ann Cohn (E-mail)"
<cohnap@sce.com>, "Allan Lippincott (E-mail)" <alippin@mail.arco.com>, "Aaron
Thomas (E-mail)" <athomas@newenergy.com>
		 cc: "Karen Jarrell (E-mail)" <kjarrell@smurfit.com>, "Karen Koyano"
<kykoyano@calpx.com>, "Karen Lindh" <karen@klindh.com>, "Karen Mills
(E-mail)" <kmills@cfbf.com>, "Kari Harteloo" <klc@aelaw.com>, "Kassandra
Gough (E-mail)" <kgough@calpine.com>, "Kathy Brandenburg"
<katherinebrandenburg@flaniganlaw.com>, "Katie Kaplan" <kaplan@iepa.com>,
"Kay Grosulak" <kgrosulak@sppc.com>, "Keith McCrea (E-mail)"
<kmccrea@sablaw.com>, "Kent G. Smith (E-mail)" <ksmith@energy.state.ca.us>,
"Kent Palmerton" <kent.palmerton@williams.com>, "Kevin Lynch (E-mail 2)"
<diane.glenn@pacificorp.com>, "Kevin Lynch (E-mail)"
<kevin.lynch@pacificorp.com>, "Kevin Smith (E-mail)" <kevins@ncpa.com>, "Kip
Lipper (E-mail)" <kip.lipper@sen.ca.gov>, "Lawrence Lingbloom (E-mail)"
<lawrence.lingbloom@sen.ca.gov>, "Lenny Goldberg (E-mail)" <lga@mother.com>,
"Louis Szablya (E-mail)" <szablyal@epenergy.com>, "Marc Joseph (E-mail)"
<mdjoseph@adamsbroadwell.com>, "Mark Smith" <mark_j_smith@fpl.com>, "Marwan
Masri (E-mail)" <mmasri@energy.state.ca.us>, "Michael Alcantar (E-mail)"
<mpa@aelaw.com>, "Michael Florio (E-mail)" <mflorio@turn.org>, "Mike Kahl
(E-mail)" <mikahl@ka-pow.com>, "Mona Petrochko" <mpetroch@enron.com>, "Pete
Conaty (E-mail)" <pcaceo@pacbell.net>, "Peter Bray (E-mail)"
<pbray@newpower.com>, "Phil Nails (E-mail)" <phil.nails@asm.ca.gov>, "Phil
Stohr (E-mail)" <pstohr@dbsr.com>, "Ralph Cavanagh (E-mail)"
<rcavanagh@nrdc.org>, "Randy Chinn" <randy.chinn@sen.ca.gov>, "Ray Thompson
(E-mail)" <ray.thompson@sen.ca.gov>, "Richard Costigan III ESQ. (E-mail)"
<richard.costigan@asm.ca.gov>, "Richard Counihan (E-mail)"
<counihan@greenmountain.com>, "Richard Mesereau (E-mail)"
<Richard.mesereau@imc.asm.ca.gov>, "Robert Berry" <berry@apx.com>, "Robin
Larson (E-mail)" <rlarson@calso.com>, "Scott Tomashefsky (E-mail)"
<stomashe@energy.state.ca.us>, "Sheryl Carter (E-mail)" <scarter@nrdc.org>,
"Steve Ponder (E-mail)" <steve_ponder@fpl.com>, "Steven M. Pike (E-mail)"
<pikes@epenergy.com>, "Stu Wilson (E-mail)" <swilson@cmua.org>, "Sue Mara
(E-mail)" <smara@enron.com>, "Susan Reeder" <sreeder@sppc.com>, "Terry Winter
(E-mail)" <twinter@calso.com>, "Tim Schmelzer" <tschmelz@energy.state.ca.us>,
"Tommy Ross (E-mail)" <rosst@sce.com>, "Tony Braun" <braun@cmua.org>,
"Victoria Schaefer" <schaefvl@sce.com>
		 Subject: FW: Chairman Keese's presentation

The attached presentation is for today's CESG meeting.

Julia B. Wright
Executive Assistant
Smith, Kempton & Watts
980 Ninth Street, Suite 1560
Sacramento, CA 95814
(916)446-5508
(916)446-1499 Fax
jwright@s-k-w.com

 - CEC Presentation without NOTES.ppt


the latest version

 -----Original Message-----
From: 	Derr, Dawn
Sent:	Thursday, October 04, 2001 1:37 PM
To:	Killen, Faith
Subject:	2002 Corp. Allocations

Per your request.

Dawn


Theresa Zucha
Enron North America Corp.
1400 Smith St., EB3884
Houston, TX  77002
Phone:  713/345-4582
Fax:  713/646-3490


Here is the most recent update I have.  I have asked our DC office to give you a further updat and to look into what else we should be doing.
The summary below is a bit dated (as is everything done before sept 11).  Congress is now expected to adjourn this month not next.  Otherwise, the report on the prognosis for ultimate passage remains accurate I believe.

-----Original Message-----
From: Metts, Mark
Sent: Wednesday, August 22, 2001 10:56 AM
To: Kean, Steven J.
Subject: FW: Wind Production Tax Credit (PTC)

fyi....

-----Original Message-----
From: Long, Chris
Sent: Wednesday, August 22, 2001 10:43 AM
To: Walia, Amit
Cc: Metts, Mark; Decker, Larry; Robertson, Linda
Subject: RE: Wind Production Tax Credit (PTC)

Amit - Congress is on recess until September and will not adjourn in October as planned.  We expect Congress to be in session until late November or even into December.

The PTC extension was passed out of the House in its energy package (it was part of the tax title).  The Senate Committee is expected to consider its version of the energy in September into October.  We expect the PTC to pass in the Senate as well.

Now to the timing, it is unclear if the energy package (with the PTC extension)will move before Congress adjourns for the year.  If it does not, then Congress can pass what it calls an "extenders package" which would extend all tax credits that are set to expire at the end of the year.  If that were to not happen, then Congress could send notice to the Administration that it plans to pass the PTC and other extenders early next year and make it retroactive until December 31, 2001.  Any of theses scenarios is possible.

While nothing is 100% when you deal with Congress, I think it highly likely the PTC will be extended either this year or retroactively next.  The question then becomes for how long.  The House bill extends it for five years and we are pushing for longer in the Senate.  I do not think a permanent extension is possible given the revenue numbers.

Let me know if you need additional information.

-----Original Message-----
From: Walia, Amit
Sent: Wednesday, August 22, 2001 10:51 AM
To: Long, Chris
Cc: Metts, Mark
Subject: Wind Production Tax Credit (PTC)

Chris,

We wanted to get an update on what was happending with the PTC in Washington.  Are we still on track to get an extension before Congress adjourns in early October?  What if any impact will the debate surrounding the reduction in the budget surplus have on the PTC?

thanks

Amit Walia

-----Original Message-----
From: Metts, Mark
Sent: Monday, July 02, 2001 3:32 PM
To: Walia, Amit; Schuler, Lance
Subject: Fw: RE: Wind Production Tax Credit (PTC)

--------------------------
Sent from my BlackBerry Wireless Handheld

-----Original Message-----
From: Long, Chris <Chris.Long@ENRON.com>
To: Metts, Mark <mark.metts@enron.com>
CC: Kean, Steven <Steven.J.Kean@ENRON.com>
Sent: Mon Jul 02 15:16:10 2001
Subject: RE: Wind Production Tax Credit (PTC)

				Linda and I are following the PTC for Corp. out of DC.  Ed Coats in Enron Corporate Tax leads from Houston.  We have a Bracewell Patterson attorney in DC retained to support our corporate tax efforts on Capitol Hill.

				Enron Wind also has a lobbyist dedicated 24/7 to this effort.

	Mark Metts/Enron@EnronXGate
			07/02/2001 10:40 AM

	To:	Chris Long/Corp/Enron@ENRON
	cc:	Steven J Kean/NA/Enron@Enron
	Subject:	RE: Wind Production Tax Credit (PTC)

				Chris,

				Thanks very much for the prompt reply.  This is exactly what I needed.  Who is working this in-house?  Do we have any outside resources devoted to it?

				Mark

					 -----Original Message-----
					From: 	Long, Chris
					Sent:	Monday, July 02, 2001 8:45 AM
					To:	Metts, Mark
					Cc:	Kean, Steven; Robertson, Linda; Decker, Larry; Fisher, Dolores
					Subject:	Wind Production Tax Credit (PTC)

					Mark - I left a voice mail on your cell.

					The Wind Production Tax Credit expires on December 31, 2001.   The PTC will be extended.   There is significant bipartisan support for the PTC, the revenue number is reasonable, and renewables are a key component of the energy debate.

					The question is when and how.  Two likely scenarios are:

					1)  As part of the Energy Bill.  The House Ways and Means Committee will mark-up the tax portions of the energy bill in mid-July.  We understand that Chairman Thomas is committed to including the PTC as part of the Ways and Means bill.  The Senate Finance Committee has not scheduled a mark-up.  While the energy bill will be debated during July, final action will likely not occur until after the August recess.   In this scenario, look to September at the earliest.

					2)  There are 10 provisions, including the PTC,  in the IRC that expire by December 31, 2001.   Historically, Congress approves an "extenders" package late in the session to keep the tax credits functioning.   While no one can predict when Congress will adjourn, they are set to adjourn in early October.  In this scenario, the PTC would be extended in late September at the earliest.

					Mark, this is Congress, so anything can change.

					Call me with any questions at (202) 466-9158.


How about a conference call at 1100 (Central) time?

Kay


----- Forwarded by Jeff Dasovich/NA/Enron on 01/23/2001 04:55 PM -----

	Susan J Mara
	01/23/2001 04:45 PM

		 To: Chris H Foster/HOU/ECT@ECT, Alan Comnes/PDX/ECT@ECT, Frank W
Vickers/NA/Enron@Enron, Christopher F Calger/PDX/ECT@ECT, Jeff
Dasovich/NA/Enron@Enron
		 cc:
		 Subject: Latest version of Edison/QF SRAC Termsheet

Here is the latest on the QF deal
----- Forwarded by Susan J Mara/NA/Enron on 01/23/2001 02:42 PM -----

	"CHUDSON" <carol@iepa.com>
	01/23/2001 02:42 PM

		 To: "'Bill Carlson \(E-mail\)'" <william_carlson@wastemanagement.com>, "Bill
Woods \(E-mail\)" <billw@calpine.com>, "Bob Ellery \(E-mail\)"
<bellery@spi-ind.com>, "Bob Escalante \(E-mail\)"
<rescalante@riobravo-gm.com>, "Carolyn A Baker \(E-mail\)"
<cabaker@duke-energy.com>, "Cody Carter \(E-mail\)"
<cody.carter@williams.com>, "Curt Hatton \(E-mail\)"
<Curt.Hatton@gen.pge.com>, "Curtis Kebler \(E-mail\)"
<curtis_l_kebler@reliantenergy.com>, "'David Parquet'"
<david.parquet@enron.com>, "Dean Gosselin \(E-mail\)"
<dean_gosselin@fpl.com>, "Doug Fernley \(E-mail\)"
<fernley.doug@epenergy.com>, "Douglas Kerner \(E-mail\)" <dkk@eslawfirm.com>,
"Duane Nelsen \(E-mail\)" <dnelsen@gwfpower.com>, "Ed Tomeo \(E-mail\)"
<ed.tomeo@uaecorp.com>, "Eileen Koch \(E-mail\)" <eileenk@calpine.com>, "Eric
Eisenman \(E-mail\)" <eric.eisenman@gen.pge.com>, "Frank DeRosa \(E-mail\)"
<frank.derosa@gen.pge.com>, "Greg Blue \(E-mail\)" <gtbl@dynegy.com>, "Hap
Boyd \(E-mail\)" <rboyd@enron.com>, "Hawks Jack \(E-mail\)"
<jack.hawks@gen.pge.com>, "Jack Pigott \(E-mail\)" <jackp@calpine.com>, "Jim
Willey \(E-mail\)" <elliottsa@earthlink.net>, "Joe Greco \(E-mail\)"
<sn2621@aol.com>, "Joe Ronan \(E-mail\)" <joer@calpine.com>, "John Stout
\(E-mail\)" <john_h_stout@reliantenergy.com>, "Jonathan Weisgall \(E-mail\)"
<jweisgall@aol.com>, "Kate Castillo \(E-mail\)" <CCastillo@riobravo-gm.com>,
"Ken Hoffman \(E-mail\)" <khoffman@caithnessenergy.com>, "Kent Fickett
\(E-mail\)" <kfickett@usgen.com>, "Kent Palmerton \(E-mail\)"
<kent.palmerton@williams.com>, "Lynn Lednicky \(E-mail\)" <lale@dynegy.com>,
"Marty McFadden \(E-mail\)" <marty_mcfadden@ogden-energy.com>, "Paula Soos
\(E-mail\)" <Paula_Soos@ogden-energy.com>, "Randy Hickok \(E-mail\)"
<rjhickok@duke-energy.com>, "Rob Lamkin \(E-mail\)"
<rllamkin@seiworldwide.com>, "Roger Pelote \(E-mail\)"
<roger.pelote@williams.com>, "Ross Ain \(E-mail\)" <ain@worldnet.att.net>,
"Stephanie Newell \(E-mail\)" <stephanie-newell@reliantenergy.com>, "'Steve
Iliff'" <siliff@riobravo-gm.com>, "Steve Ponder \(E-mail\)"
<steve_ponder@fpl.com>, "Susan J Mara \(E-mail\)" <smara@enron.com>, "Tim
Loposer \(E-mail\)" <tim.loposer@williams.com>, "Tony Wetzel \(E-mail\)"
<twetzel@thermoecotek.com>, "William Hall \(E-mail\)"
<wfhall2@duke-energy.com>, "Alex Sugaoka \(E-mail\)"
<alex.sugaoka@uaecorp.com>, "Allen Jensen \(E-mail\)"
<al.jensen@nrgenergy.com>, "Andy Gilford \(E-mail\)"
<agilford@wbcounsel.com>, "Armen Arslanian \(E-mail\)"
<Armen.Arslanian@gecapital.com>, "Bill Adams \(E-mail\)" <sangorgon@aol.com>,
"Bill Barnes \(E-mail\)" <bill.barnes@lgeenergy.com>, "Bo Buchynsky
\(E-mail\)" <BBuchynsky@aol.com>, "Charles Linthicum \(E-mail\)"
<charles.linthicum@powersrc.com>, "Diane Fellman \(E-mail\)"
<difellman@energy-law-group.com>, "Don Scholl \(E-mail\)"
<dscholl@purenergyllc.com>, "Ed Maddox \(E-mail\)"
<emaddox@seawestwindpower.com>, "Edward Lozowicki \(E-mail\)"
<elozowicki@sjo.coudert.com>, "Edwin Feo \(E-mail\)" <efeo@milbank.com>,
"Eric Edstrom \(E-mail\)" <edstrome@epenergy.com>, "Floyd Gent \(E-mail\)"
<fgent@thermoecotek.com>, "Frank Misseldine \(E-mail\)"
<fmisseldine@caithnessenergy.com>, "Hal Dittmer \(E-mail\)" <hedsf@aol.com>,
"Ken Salvagno \(E-mail\)" <kbssac@aol.com>, "'Levitt, Doug'"
<sdl@calwind.com>, "Lucian Fox \(E-mail\)" <lucian_fox@ogden-energy.com>,
"Mark J. Smith \(E-mail\)" <mark_J_smith@fpl.com>, "Milton Schultz
\(E-mail\)" <bfpjv@c-zone.net>, "Nam Nguyen \(E-mail\)"
<nam.nguyen@powersrc.com>, "Paul Wood \(E-mail\)"
<paul_wood@ogden-energy.com>, "Pete Levitt \(E-mail\)" <Pete@calwind.com>,
"Robert Frees \(E-mail\)" <freesrj@apci.com>, "Scott Harlan \(E-mail\)"
<harlans@epenergy.com>, "Tandy McMannes \(E-mail\)" <mcmannes@aol.com>, "Ted
Cortopassi \(E-mail\)" <ted_cortopassi@ogden-energy.com>, "Thomas Heller
\(E-mail\)" <hellertj@apci.com>, "Tom Hartman \(E-mail\)"
<tom_hartman@fpl.com>, "Ward Scobee \(E-mail\)"
<wscobee@caithnessenergy.com>, "Wayne Kawamoto \(E-mail\)"
<wkawamoto@wm.com>, "Dan Frank \(E-mail\)" <dfrank@seawestwindpower.com>,
"Jeff Dasovich \(E-mail\)" <Jeff.Dasovich@enron.com>, "Julie Simon
\(E-mail\)" <jsimon@epsa.org>, "'Kelly Lloyd'" <kellyl@enxco.com>, "Rich Dyer
\(E-mail\)" <rich_dyer@ogden-energy.com>, "Bob Gates \(E-mail\)"
<bob.gates@enron.com>, "Brian T. Craggq \(E-mail\)" <bcragg@gmssr.com>, "'J.
Feldman'" <jfeldman@mofo.com>
		 cc: "Steven Kelly \(E-mail\)" <steven@iepa.com>, "Jan Smutny-Jones
\(E-mail\)" <smutny@iepa.com>, "Katie Kaplan \(E-mail\)" <kaplan@iepa.com>,
"Douglas Kerner \(E-mail\)" <dkk@eslawfirm.com>, "Andy Brown \(E-mail\)"
<abb@eslawfirm.com>, "Diane Fellman \(E-mail\)"
<difellman@energy-law-group.com>
		 Subject: Latest version of Edison/QF SRAC Termsheet

 - LatestDeal.doc


You would need to start out in the associate program.  Good luck.  Mark


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

From:  <dtran2149@yahoo.com>
To: ddecelle@lehman.com, hvo@houston.rr.com, naz05@msn.com, Padron, Juan </O=ENRON/OU=NA/CN=RECIPIENTS/CN=JPADRON>, rring@enron.com, carlos.garcia@grandecom.com
Date: Tuesday, January 15, 2002 3:57:31 GMT
Subject:

The last set for now!

Natalia & Dung

=====
Dung Tien Tran
MOBL 214-202-4596
WORK 214-812-5330
FAX  214-812-8908
HOME 713-571-8688
Current Address: 2403 N. Washington 303, Dallas, TX 75204
Permanent Address: 2941 Crawford Street, Houston, TX 77004

__________________________________________________
Do You Yahoo!?
Send FREE video emails in Yahoo! Mail!
http://promo.yahoo.com/videomail/

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

From:  <dtran2149@yahoo.com>
To: ddecelle@lehman.com, naz05@msn.com, jackson.vo@newpower.com, Padron, Juan </O=ENRON/OU=NA/CN=RECIPIENTS/CN=JPADRON>, rring@enron.com, god@heaven.com, david-ngo@ergos.com
Date: Tuesday, January 15, 2002 4:32:08 GMT
Subject:

More!

=====
Dung Tien Tran
MOBL 214-202-4596
WORK 214-812-5330
FAX  214-812-8908
HOME 713-571-8688
Current Address: 2403 N. Washington 303, Dallas, TX 75204
Permanent Address: 2941 Crawford Street, Houston, TX 77004

__________________________________________________
Do You Yahoo!?
Send FREE video emails in Yahoo! Mail!
http://promo.yahoo.com/videomail/

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

From:  <dtran2149@yahoo.com>
To: chris@taprootventures.com, jackson.vo@newpower.com, god@heaven.com, david-ngo@ergos.com, carlos.garcia@grandecom.com, lng1@houston.rr.com, ceci.torn@newpower.com, craig.ingerto@newpower.com, Padron, Juan </O=ENRON/OU=NA/CN=RECIPIENTS/CN=JPADRON>, rring@enron.com
Date: Tuesday, January 15, 2002 4:23:34 GMT
Subject:

Here are the finest Maxie pics on the web!

Natalia/Dung

=====
Dung Tien Tran
MOBL 214-202-4596
WORK 214-812-5330
FAX  214-812-8908
HOME 713-571-8688
Current Address: 2403 N. Washington 303, Dallas, TX 75204
Permanent Address: 2941 Crawford Street, Houston, TX 77004

__________________________________________________
Do You Yahoo!?
Send FREE video emails in Yahoo! Mail!
http://promo.yahoo.com/videomail/


Kate,

Please approve and auto route 483760,483758,483752,483755.

les


I talked to your secretary today to see when you would be in Japan. She
        told me that you were already there. I was going to try to set up a
        meeting with our CEO. We decided that I was too late and,
        therefore, should introduce myself via email. Amdahl is a US
        subsidiary of Fujitsu. Amdahl has been working with EBS at a lower
        level on the Blockbuster partnership and the Portland to Houston
        data center migration. We have determined that there are many
        synergies between the two companies on a global basis.

Fujitsu is the second largest IT company in the world and Japan's largest
        computer manufacturer. In terms of US dollars, Fujitsu is about $52
        billion. Here is a web site if you are interested.

          http://www.fujitsu.com/

Fujitsu is a large consumer of electricity and broadband. I would like to get
the executives of the two companies talking.
      I think there are major opportunities for Enron to sell "stuff" to
Fujitsu, for Fujitsu to sell "stuff" to Enron, and to jointly
     develop   products.

At your convenience, I would like to come by and introduce myself and see if
you agree that we should have the two
     companies open discussions. I understand that you will be in Houston on
Monday. I will try you then.

Rick Wallace

Vice President for Strategic Accounts

Amdahl Corporation, a Fujitsu Company

Houston: 713-850-8828 x 6659

Austin: 512-480-2296 direct

           512-482-0024 switchboard

           512-422-7344 cell

voicemail: 1-800-795-1799 x 6659

Note: all voice mails will page me


---------------------- Forwarded by Darron C Giron/HOU/ECT on 08/22/2000
09:18 AM ---------------------------

Dawn C Kenne
07/28/2000 01:14 PM
To: Pam B Boxx/HOU/ECT@ECT, Michelle Bythewood <rbwood@ix.netcom.com>,
"Bythewood, Richard" <rbythewood@txi.com>, Linda J Ewing/HOU/ECT@ECT,
ExeterWest@aol.com, maxnbev@wesnet.com (Max Fledderjohann), mafrit@cvtv.net
(Marie Fritsche), Darron C Giron/HOU/ECT@ECT, "Jinnette, Reed"
<Reed.Jinnette@compaq.com>, "Keeling, Ingelisa" <ikeeling@velaw.com>, Bryon
Kenne <bryon@cai-info.com>, plmichaud <plmichaud@pdq.net>, "Rivera, Susan J"
<RiveraSJ@aetna.com> @ ENRON, "Mark Troyer" <mtroyer@computron.net>, "Ray
Vincent" <raylvincent@hotmail.com> @ ENRON, Eric Wardle/HOU/ECT@ECT, Gary
Wilson <gxwilson@us.oracle.com>, "Tracey Wilson"
<twilson@officefurnishings.com> @ ENRON, Ed Zajicek <e.zajicek@pentasafe.com>
cc:
Subject: FW: Do you remember.........

---------------------- Forwarded by Dawn C Kenne/HOU/ECT on 07/28/2000 01:13
PM ---------------------------

"PATTI DESMARAIS" <pmdesmar@earthlink.net> on 07/28/2000 10:11:10 AM
Please respond to pmdesmar@earthlink.net
To: "ANN MCMILLAN" <amcmillan@fscu.org>, "DAWN" <Dawn.c.kenne@enron.com>,
"HLStein" <HLStein@compuserve.com>, "JULIE" <ASKJMK@AOL.COM>, "KAY"
<garywgarrett@email.msn.com>, "POOLE Mike" <Mike.Poole@FINA.com>, "STEVEN
&BECKY" <bnorris2@prodigy.net>, "TERRI" <Conway321@AOL.COM>, "TRACEY"
<TRACEY.STINNETT@FINA.com>
cc:

Subject: FW: Do you remember.........

> [Original Message]
> From: SMITH, MARIE-FRANCE A. (JSC-OC) <marie-france.a.smith1@jsc.nasa.gov>
> To: pmdesmar@earthlink.net <pmdesmar@earthlink.net>
> Date: 7/28/00 10:49:32 AM
> Subject: FW: Do you remember.........
>
> Have a great weekened!!!
>
>
> -----Original Message-----
> From: TETLEY, SANDRA J. (JSC-BJ)
> Sent: Friday, July 28, 2000 9:32 AM
> To: ROLLINS, GAIL A. (JSC-CB); ROLLINS, WILLIAM A. (BILL) (JSC-XA); SMITH,
> MARIE-FRANCE A. (JSC-OC)
> Subject: FW: Do you remember.........
>
>
> Subject: Do you remember.........
>
>
>
> Subject. . . . . What a difference 30 years makes
>
>
> 1970: Long Hair
>
> 2000: Longing for hair
>
>
> 1970: The perfect high
>
> 2000: The perfect high yield mutual fund
>
>
> 1970: Keg
>
> 2000: EKG
>
>
> 1970: Acid Rock
>
> 2000: Acid Reflux
>
>
> 1970: Moving to California because it's cool
>
> 2000: Moving to California because it's warm
>
>
> 1970: Growing pot
>
> 2000: Growing pot belly
>
>
> 1970: Watching John Glenn's historic flight with your parents
>
> 2000: Watching John Glenn's historic flight with your children
>
>
> 1970: Trying to look like Marlon Brando or Elizabeth Taylor
>
> 2000: Trying NOT to look like Marlon Brando or Elizabeth Taylor
>
>
> 1970: Seeds and stems
>
> 2000: Roughage
>
>
> 1970: Popping pills, smoking joints
>
> 2000: Popping joints
>
>
> 1970: Our president's struggle with Fidel
>
> 2000: Our president's struggle with fidelity
>
>
> 1970: Paar
>
> 2000: AARP
>
>
> 1970: Killer weed
>
> 2000: Weed killer
>
>
> 1970: Hoping for a BMW
>
> 2000: Hoping for a BM
>
>
> 1970: The Grateful Dead
>
> 2000: Dr. Kevorkian
>
>
> 1970: Getting out to a new, hip joint
>
> 2000: Getting a new hip joint
>
>
> 1970: Rolling Stones
>
> 2000: Kidney stones
>
>
> 1970: Being called into the principal's office
>
> 2000: Calling the principal's office
>
>
> 1970: Screw the system!
>
> 2000: Upgrade the system
>
>
> 1970: Peace sign
>
> 2000: Mercedes logo
>
>
> 1970: Parents begging you to get your hair cut
>
> 2000: Children begging you to get their heads shaved
>
>


Notice No. 00-334
September 29, 2000

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

FROM: Neal Wolkoff, Executive Vice President

SUBJECT:
Proposed Amendments to the COMEX Silver Futures Contract to Add Brink,s Inc.
and Delaware Depository Service Company, LLC as Exchange Licensed
Depositories.

The Exchange proposes to amend Supplement No. 2, "Licensed Depositories and
Weighmasters for Silver" of the COMEX Silver Futures Contracts to add Brink,s
Inc.,s vault facility located at 652 Kent Avenue, Brooklyn, NY and Delaware
Depository Service Company, LLC,s vault facilities located at 3601 North
Market Street and 4200 Governor Printz Boulevard, Wilmington, DE as licensed
depositories for the storage of silver deliverable against the Exchange,s
COMEX Division Silver Futures Contract.  The proposed amendments must be
approved by the Commodity Futures Trading Commission (CFTC).  The Exchange
membership will be notified when CFTC approval is received and when these
amendments will become effective.

Copies of the proposed amendments 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.

Silver Supplement No. 2 Proposed Rule Amendments
Capital letters indicate additions; [ ] indicate deletions.

Commodity Exchange, Inc.

Licensed Depositories and Weighmasters for Silver

New York

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

Facilities:
4 World Trade Center
New York, NY

Computer Code: 3002

Depository:
HSBC Bank
1 West 39th Street, SC 2 Level
New York, NY 10018
Orders: 212-525-6439

Facilities:
1 West 39th Street, SC Level 2
New York, NY

Computer Code: 5001

Depository:
BRINK'S INCORPORATED
SUITE 400
580 5TH AVENUE
NEW YORK, NY 10036
ORDERS: 718-260-2200

Facilities:
642 KENT AVENUE
BROOKLYN, NY

Delaware
Depository:
DELAWARE DEPOSITORY SERVICE COMPANY, LLC
3601 NORTH MARKET STREET
WILMINGTON, DELAWARE 19802
ORDERS: 302-765-3884

Facilities:
3601 NORTH MARKET STREET
WILMINGTON, DELAWARE

4200 GOVERNOR PRINTZ BLVD.
WILMINGTON, DELAWARE

Additional Licensed Weighmasters For Silver

International Testing Laboratories, Inc.
578-582 Market Street
Newark, NJ 07105
Orders: (201) 589-4772

Ledoux & Company
359 Alfred Avenue
Teaneck, NJ 07666
Orders: NJ (201) 837-7160

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

"http://208.206.41.61/email/email_log.cfm?useremail=tana.jones@enron.com&refdo
c=(00-334)"

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.


mballases
14506


Per our conversation.

Rose


mPhase To Provide Real-Time Television Via DSL And Its Traverser -TM-
System At SUPERCOMM2001

********************************
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MPHASE TECH INC  2.151

NORWALK, Conn., May 30, 2001 (BUSINESS WIRE) --

<bs>Company To Be First To Deliver MPEG-2 Digital Television Via DSL With
<bs> Its NIP-Based Traverser(TM) Digital Video and Data Delivery System To
<bs>                           Convention Floor

mPhase Technologies, Inc. (OTCBB: XDSL), the le

Other Companies Involved:
N/A
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N/A
N/A
N/A
N/A
N/A
N/A
N/A

To unsubscribe, please go to http://www.stockselector.com/modifyportfolio.asp?portnumber=1

? Copyright 1998-99, StockSelector.com


Did they have anything later than 900?

"Neil Mann" <nmann@erac.com> on 12/21/2000 09:02:05 AM
Please respond to <nmann@erac.com>
To: "C. Kay Mann (E-mail)" <Kay.Mann@Enron.com>
cc:

Subject: Dr C

I just spoke with Delores. She will call in the Rx for us. She said they are
working a short day Friday am. I told her Paige would be in with Michael at
9am...She hadn't heard about Shane. NM


For the 25th presentation, I need the following:

A pictorial description of power generation sources:	1) Nuclear
							2) Coal
							3) Resid Steam Unit
							3) Gas Combined Cycle
							4) Gas Simple Cycle
							5) Hydro

I would like to show annual demand by customer segment (residential, commercial, industrial) for the East, West, and ERCOT and supply by generation type for the same major areas.   A table which shows Mwh consumption by demand segment and generation supply by source would be useful.   In addition, total capability by supply source

Some of this same info can be used for the 30th presentaiton.


From the Desk of: DR. EDOZIE DANIEL

DIrector: Budget and Planning

Nigerian National Petroleum Corporation (NNPC)

Falomo - Lagos

Nigeria
MOBILE PHONE:   234-1-7758204
TEL:		234-1-774-7935
DIRECT FAX:	234-1-7591657
E-MAIL:edoziedaniel@yahoo.com
ATTN: PRESIDENT/CEO

DEAR SIR

STRICTLY CONFIDENTIAL

WE ARE MEMBERS OF A SPECIAL COMMITTEE FOR BUDGET AND
PLANNING OF THE NIGERIAN NATIONAL PETROLEUM
CORPORATION (NNPC). THIS COMMITTEE IS PRINCIPALLY
CONCERNED WITH CONTRACT AWARDS AND APPROVAL. WITH OUR
POSITIONS, WE HAVE SUCCESSFULLY SECURED FOR OURSELVES
THE SUM OF TWENTY-ONE MILLION, FIVE HUNDRED THOUSAND
UNITED STATES DOLLARS (US$21.5M). THIS AMOUNT WAS
CAREFULLY MANIPULATED BY OVER-INVOICING OF AN OLD
CONTRACT.

BASED ON INFORMATION GATHERED ABOUT YOU, WE BELIEVE
YOU WOULD BE IN A POSITION TO HELP US IN TRANSFERRING
THIS FUND (US$21.5M) INTO A SAFE ACCOUNT. IT HAS BEEN
AGREED THAT THE OWNER OF THE ACCOUNT WILL BE
COMPENSATED WITH 20% OF THE REMITTED FUNDS, WHILE WE
KEEP 70%, AND 10% WILL BE SET ASIDE TO OFFSET EXPENSES
AND PAY THE NECESSARY TAXES.

ALL MODALITIES OF THIS TRANSACTION HAVE BEEN WORKED
OUT AND ONCE STARTED WILL NOT TAKE MORE THAN 10
WORKING DAYS, WITH YOUR FULL SUPPORT. THIS TRANSACTION
IS 100% RISK FREE.

IF THIS PROPOSAL SATISFIES YOU, PLEASE REACH US ONLY
BY FAX, PHONE, OR EMAIL FOR MORE INFORMATION. IT MIGHT
BE DIFFICULT TO GET THROUGH TO ME, BECAUSE OF POOR
TELECOMMUNICATION SYSTEM HERE. PLEASE KEEP TRYING, YOU
WILL DEFINITELY GET THROUGH. . PLEASE TREAT AS URGENT
AND VERY CONFIDENTIAL.

YOURS FAITHFULLY,

DR.EDOZIE DANIEL.

NB.: FOR CONFIDENTIAL REASONS AND DUE TO THE POOR
COMMUNICATION SYSTEM IN MY COUNTRY, MOST OFTEN FOREIGN
CALLS COULD BE DIVERTED TO THE WRONG PERSON. SO FOR
YOU TO BE VERY SURE YOU ARE RIGHTLY SPEAKING WITH ME,
IT IS VERY IMPORTANT THAT WHEN YOU CALL AND ASK FOR
ME, THE MOMENT I PICK UP THE PHONE, YOU SHOULD ASK ME
FOR THE "CODE WORD" AND MY ANSWER WOULD BE "GOD IS
GOOD" BEFORE WE PROCEED DISCUSSIONS, BUT IF I DO NOT
SAY "GOD IS GOOD", THAT MEANS YOU ARE NOT SPEAKING
WITH ME JUST DISCONNECT THE LINE AND CALL ME BACK TILL
I GIVE YOU THE CODE WORD.

__________________________________________________
Do You Yahoo!?
Check out Yahoo! Shopping and Yahoo! Auctions for all of
your unique holiday gifts! Buy at http://shopping.yahoo.com
or bid at http://auctions.yahoo.com


Mo,

Hey, glad to know you are recovering swiftly from Friday nights festivities.  I think I just might have finally kicked my hangover.  Joe said he woke up early Saturday morning to find me passed out in my clothes face down on the couch with the cat snuggling up against me.  As exhausted as I was, I had to meet keith at the office Sat. and then went to a party Sat night where some asshole at the party backed into my car and didn't even come in and tell me!  Now I have to play detective to find out who did it.  Anyway, I had a great time hanging out Friday night and I'm glad you did too.  Hope to see you around soon.  Give me a call if you're going to be around anytime.

Mat

-----Original Message-----
From: Monique Sanchez [mailto:moshuffle@hotmail.com]
Sent: Sunday, October 14, 2001 6:41 PM
To: Smith, Matt
Subject: Neck Injury

Susan and I are suffering from extreme neck pain this weekend from
overenthusiastic dancing to "Nookie" at the Swan.  Just wanted to say thanks
for hanging out, I really had a good time.  I didn't think I was going to
get my second wind after dinner but I was pleasantly suprised.  I had a
monster hangover on Saturday and did not get out of pj's until 4pm..it was
pathetic.  But I had a great time and its only fitting that I get sloshed on
my last day.  Take care and catch you sometime at the FP or Lil W.
Mo.

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


enron has been a piece.  looks like every company that deals in broadband is
getting killed.  it is like they forgot we also do energy.


Phil:

Per our conversation, attached are clean and marked copies of the drafts you
prepared.  Please advise if these are satisfactory and we will obtain
execution.

Thanks.

Teresa

Teresa G. Bushman
Enron North America Corp.
1400 Smith Street, EB 3835A
Houston, TX  77002
(713) 853-7895
fax (713) 646-3393
teresa.g.bushman@enron.com


Thanks for this note Lou  - I will making a special effort to recommunicate
this to the wider Metals group in London

Louis Colarusso@MGUSA
15/02/2001 16:28
To: Craig Brown/SAP Systems/LON/ECT@ECT, Rayees Moizuddin/LON/ECT@ECT,
Charlotte McKinty/Corp/Enron@ENRON, Sean Connor/LON/ECT@ECT, Mike
Jordan/LON/ECT@ECT, Andrew Cornfield/LON/ECT@ECT, Marcelo
Parra/NYC/MGUSA@MGUSA
cc:

Subject: SAP Implementation

After a successful period 1 close by 1041 and 1123 I wanted to summarize the
positives and negatives of the project in order to improve the process for
the London Metals implementation.

Positives:

Seamless consolidation process with Enron worldwide

Common design allows users in North America to access key financial data to
help control London Metals business
 accounts receivable
 accounts payable

Aging of accounts receivable for proper control monitoring

Profit Center report functionality for controlling of business by business
group

Timing of close process in conjunction with Enron worldwide

Cost center control by category link by design to corresponding profit center

Cash control procedures utilizing the Treasury Work Station of Enron Corp.

Direct posting of intercompany accounts to reduce duplicate entries

Production of the Daily Profit Report direct from SAP utilizing the
consolidation ledger

SAP trail balance controlled by the ledger owner agrees with the DPR by
profit center

Negatives:

FIT 3 testing should be expanded in order to identify all types of business
flows and to evaluate how they are being treated in SAP.  NY did a two day
roll forward of equity which proved useful.  This type of testing could be
expanded for the London companies.

Poor links of information between GCP system and TWS created many manual
payments.
 This problem is being sorted out by a process outside the SAP implementation
team.

Strict intercompany common design rules around intercompany relationships
have created a difficult control environment.
 SAP intercompany meetings are being conducted to create a system that
adheres to the common design   however allows better intercompany control
features between broker and physical company.

A special thanks goes out to the SAP team who's continued dedication on this
project has made it a success:

Charlotte McKinty
Craig Brown
Rayees Moizuddin
Sean Connor

Regards,

Louis Colarusso
Enron Metals & Commodity Corp
E-Mail: louis.colarusso@enron.com


-----Original Message-----
From: 	Lowry, Donna
Sent:	Tuesday, October 09, 2001 2:21 PM
To:	Heard, Marie
Subject:	FW: List of Counterparts

 -----Original Message-----
From: 	Doukas, Tom
Sent:	Tuesday, October 09, 2001 10:23 AM
To:	Lowry, Donna
Subject:	List of Counterparts

Donna,

This is a list of companies we have executed trades with in the last year and may potentially trade with again.  I need to go through the list of negotiated agreements legal sent me and determine which ones are already open and executed.  The starred ones are the most used.

ABN Amro
Bear Stearns
Sanford C. Bernstein
BNP
*Chase/JP Morgan
*Credit Suisse First Boston
*Deutsche Bank
Dresdner
Frankel
Frost Securities
First Union National Bank
Garban Securities Ltd. London
*Goldman Sachs & Co
*Jeffries
Lehman
Merrill Lynch
Banque Paribas
Petrie
POSI
Raymond James
*Royal Bank of Canada Dominion
Swiss Re
*UBS


Yes.  Carol just left a voice mail that Jay Williams (x53923) will be our credit contact.

I am just gathering the last documents for FPL and Florida Power & Light and will be bringing them around to you shortly.

Here is the issues list.

Let me know if you need anything else.

Marie

 -----Original Message-----
From: 	Van Hooser, Steve
Sent:	Tuesday, October 30, 2001 12:47 PM
To:	Heard, Marie
Cc:	St. Clair, Carol; Cook, Mary
Subject:	RE: Master Netting Agreement

Thanks for the reminder.  Marie, as it stands now,  am I correct to believe that I am waiting for the following:

1.	Intructions from Carol on who and when to call Credit regarding making contact with Florida Power & Light to forward and discuss a Master Netting Agreement;
2.	Reciept of a New Master Netting Agreement form that addresses the following:
	a.	Automatic dragnet clause as to non-specifically mentioned commodity contracts and future agreements
	b.	Tax language that addresses 10% withholding tax that would otherwise be payable upon netting under the Master Netting Agreement
	c.	Certain other changes Mary thinks are necessary in light of current facts.

In the meantime, could you please forward me a copy of the Issues List as I did not receive one earlier.

Thanks,

Steve

 -----Original Message-----
From: 	Heard, Marie
Sent:	Tuesday, October 30, 2001 12:02 PM
To:	Clark, Morris; Davis, Angela; Del vecchio, Peter; Douglas, Stephen H.; Gray, Barbara N.; Hansen, Leslie; Heard, Marie; Hendry, Brent; Hodge, Jeffrey T.; Jones, Tana; Koehler, Anne C.; Leite, Francisco Pinto; McCullough, Travis; Murphy, Harlan; Murray, Julia; Nemec, Gerald; Sager, Elizabeth; Sayre, Frank; Shackleton, Sara; St. Clair, Carol; Van Hooser, Steve; Viverito, John
Cc:	Cook, Mary
Subject:	Master Netting Agreement

Just a reminder not to use the form Master Netting Agreement that was attached to the e-mail notification sent yesterday.  You will be receiving a new form later today.

Thanks!

Marie


FYI.  In case you hadn't seen it.  Interestingly, no mention of the transfer of the gas assets.
Best,
Jeff
PG&E restructuring bid draws state ire
By Dale Kasler and Carrie Peyton
Bee Staff Writers
(Published Sept. 21, 2001)

In a controversial attempt to dig its way out of bankruptcy, Pacific Gas and Electric Co. proposed a radical restructuring Thursday that would pay off its debts but end state regulation of the utility's valuable hydroelectric and nuclear plants.
To make the plan work, PG&E asked a U.S. bankruptcy judge to override state laws and regulations governing power-plant ownership -- a request that triggered immediate opposition from California officials.
PG&E said the plan, a complicated blend of asset transfers, debt refinancing and corporate spinoffs, would restore the utility's financial health and creditworthiness without requiring additional rate hikes or a state "bailout." Divorcing the utility from its parent company, the plan would pay off the entire $13.2 billion of debt PG&E accumulated during California's poorly executed era of deregulation.
The plan, filed in U.S. Bankruptcy Court in San Francisco, had the support of a key block of creditors, including independent energy generators, whose approval is necessary to any reorganization plan.
But it ran into immediate opposition from Gov. Gray Davis and other state officials, setting up a potentially fierce battle. Despite PG&E's claims to the contrary, they warned the plan could trigger more hikes because PG&E could charge nearly double the amount it currently charges for electricity from the hydro and nuclear plants. The proposal would have the state Public Utilities Commission relinquish control over those plants to the Federal Energy Regulatory Commission.
FERC "has proven over the last 18 months to be ... no friend of the ratepayer," Davis told reporters Thursday. "The PUC, while far from perfect, has been a stronger advocate for ratepayers than the Federal Energy Regulatory Commission. ... I'm very wary of PG&E's proposal to transfer all of its generating capacity from a regulated environment to a non-regulated environment."
The PUC vowed to fight the plan in court. "I don't think the judge is going to do it," said PUC President Loretta Lynch.
Consumer advocates noted that PG&E has been pushing for years to end state regulation of its hydro plants. "It's complete piracy," said Nettie Hoge, head of The Utility Reform Network of San Francisco. "It's the most audacious thing I've ever seen."
Filed six months after the utility sought bankruptcy protection, the plan calls for PG&E to be spun off from PG&E Corp., but the utility would transfer its hydro and nuclear plants and some other assets to the parent.
That would violate a state law, passed as a response to the energy crisis, prohibiting utilities from selling any of their generating plants before 2006. The law was intended to keep electricity in California hands at a time when out-of-state generators were charging ultra-high prices to PG&E and Southern California Edison.
PG&E acknowledged the conflict with state law but said it will ask the bankruptcy court -- a federal entity -- to override the state law. Legal experts said it's not clear whether a bankruptcy judge would ignore state law, and in prior rulings U.S. Bankruptcy Judge Dennis Montali has sided with state officials.
"Any federal court would be very reluctant to go in and override state laws," said influential state Sen. Debra Bowen, D-Marina del Rey, chair of the Senate Energy Committee.
Robert D. Glynn Jr., PG&E's chairman, called the transfer a good deal for customers. He said the electricity from those plants would be sold back to the utility at about $50 a megawatt hour -- "the lower end" of current rates -- under a 12-year contract.
But that's almost double the existing rates for those plants, critics said.
And Gary Cohen, the PUC's general counsel, said the company would be free to charge market rates when the contract runs out, putting utility customers at the mercy of an independent, unregulated generator.
"This is more of what got us into this mess to begin with," Cohen said.
Despite the friction between PG&E and the state, the plan requires assurance from the PUC that the utility will be allowed to collect its wholesale power costs in the future from ratepayers, regardless of how high they go. Such assurance will make the utility creditworthy again and able to borrow money to fund the reorganization, PG&E said.
The plan also requires approval from federal officials and a "yes" vote from a majority of PG&E's creditors, along with Montali.
Glynn said the plan could be completed by December 2002, enabling the utility to resume buying electricity. The state has been buying power for PG&E since January, when it became insolvent.
While the PUC raised rates an average of 40 percent this year, the reorganization plan doesn't require another rate hike, Glynn insisted. "From the customers' view, this transaction will be seamless," he said. The same should be true for most employees, he said.
The PG&E chairman, whose company has feuded with Davis for months, also boasted that PG&E isn't "asking the state for a bailout or a rescue" -- a jab at Davis' as-yet-unsuccessful effort to sell the Legislature on a multibillion-dollar rescue for Edison.
It's unclear what impact PG&E's proposal would have on Edison's attempt to avoid bankruptcy. Edison's creditors, already angered that the Legislature adjourned without passing the Davis-backed plan, might conclude that Edison is better off in bankruptcy and could push the Southern California utility into court, analysts said.
The PG&E proposal involves a complicated series of property transfers and bond offerings that would leave the current PG&E Corp. split into two separate, publicly-traded companies.
The utility company, Pacific Gas and Electric, would become strictly a retailer and would sell other assets -- including its hydro and nuclear plants, transmission wires and gas pipelines -- to PG&E Corp. for $4.06 billion in cash and IOUs. PG&E Corp. shareholders would receive stock in the slimmed-down utility, although the details of the stock transaction haven't been worked out.
The bankruptcy proposal represents the fourth time in three years that PG&E has tried to remove its hydro plants from state control. The PUC and Legislature have resisted because of potential impacts on costs and the environment.
Despite the criticism, PG&E said removing those assets from regulators' oversight is essential to making the plan work. Why? Because PUC rules limit how much money the utility can borrow against those assets, said utility spokesman Ron Low. If the assets became property of PG&E Corp., the corporation could borrow a lot more money and use the proceeds to pay its debts. Glynn said he's had "in-depth discussions" with investment bankers about issuing new bonds.
Also, by removing the generating plants from PUC oversight, the plan can produce more cash for debt repayment, said credit analyst David Bodek of Standard & Poor's Corp. in New York.
If state officials fight the plan, "the question arises, 'How do you discharge these (debts)?' " Bodek said. "Here's a plan that does that."
The plan would pay creditors $9.1 billion in cash and $4.1 billion in bonds. Creditors with debts of more than $100,000 would get 60 percent in cash and 40 percent in bonds, which will be paid in 10 or more years, said Paul Aronzon, attorney for a committee of unsecured creditors.
"There's some credibility here, and it works," Aronzon said of the plan.
Gary Ackerman, a spokesman for independent generators, said his group would probably accept the plan, even if it means they have to wait years to get some of their money.
Shareholders also endorsed the plan. PG&E Corp.'s stock jumped $1.22, to $15.72, on a day when the markets took another bad fall


Add her to the distribution list for associate social functions.
---------------------- Forwarded by Celeste Roberts/HOU/ECT on 06/23/2000
05:06 PM ---------------------------

Vince J Kaminski
06/23/2000 09:56 AM
To: Celeste Roberts/HOU/ECT@ECT
cc: Vince J Kaminski/HOU/ECT@ECT, Elena Chilkina/Corp/Enron@Enron, Mike A
Roberts/HOU/ECT@ECT
Subject: Summer part time employee

Celeste,

I have talked to you last evening about Elena Chilkina,
an MBA Rice student who works for us part-time during the academic year,
and full time this summer.

She asked if she could participate in the program for summer associates.
(presentations, social meetings),

I would appreciate if you could help her.

Vince


Art,

Attached is the contract that would govern this transaction.  Barry and I have discussed San Juan risks but we are willing to take it - however, the actual offer at this time is $4.65 for 15,000 to 20,000 delivered at the Blanco Pool.  When you are ready to transact, I will update the exact price at that time.  Let me know what you want to do.

Thanks,

Kim


I'm not sure which e-mail address you are using so I figured I'd send to both.

Here is my itinerary for Christmas travel:

Friday 12/24    Continental 4126  Leaves Houston 7:55 am  Arrives Cincinnati
11:20 am
Sunday 12/26  Continentat 4122  Leaves Cincinnati 5:45 pm  Arrives Houston
7:25 pm

These are Continental Express flights - I don't know if that makes a
difference in terminals in Cincinnati or not - it does in Houston.

I got your message at home, my SSN is *********


Kevin, please review attached and sign back. Vector will be purchasing
70,000 MMbtu for gas Nov. 15, 2000.
(See attached file: Line Pack Gas Purchase Agreement Enron.doc)

Keith Irani
Manager, Marketing Services
Vector Pipeline
416 495-5960
keith.irani@cgc.enbridge.com
 - Line Pack Gas Purchase Agreement Enron.doc


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 03/31/2001
10:25 AM ---------------------------

LawrenceLRTNMT@aol.com on 03/28/2001 09:03:08 AM
To: vkamins@enron.com
cc:
Subject: Additional analysis using new distribution

Please see attachments.

 - kaminski_let_02.ZIP


faxed at noon california time.


That would classify as more talent than multi-tasking!  Gee....by reason of deduction rather than telepathy, your vm must have asked if I was on the phone.....

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

-----Original Message-----
From: Ring, Richard
Sent: Tuesday, September 18, 2001 3:42 PM
To: Bolton, Stacey
Subject: RE: i'm on a conference call.....

Yes I did and I left you a voice mail message.  I thought that your response was a direct answer to the voice mail message.

-----Original Message-----
From: Bolton, Stacey
Sent: Tuesday, September 18, 2001 3:41 PM
To: Ring, Richard
Subject: RE: i'm on a conference call.....

didn't you call me?

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

-----Original Message-----
From: Ring, Richard
Sent: Tuesday, September 18, 2001 3:34 PM
To: Bolton, Stacey
Subject: RE: i'm on a conference call.....

Very good!

-----Original Message-----
From: Bolton, Stacey
Sent: Tuesday, September 18, 2001 3:27 PM
To: Ring, Richard
Subject: i'm on a conference call.....

I can communicate in this form though....I'm multi-tasking.
Stacey Bolton
Environmental Strategies
Enron Corp
713-853-9916 direct
713-303-2632 cell
sbolton@enron.com <mailto:sbolton@enron.com>


In a message dated 11/26/01 8:21:29 AM Pacific Standard Time, Michelle.Cash@ENRON.com writes:
What do you think?  Michelle
>  -----Original Message-----
> From:     "Notestine, Kerry" <KNotestine@littler.com>@ENRON
> Sent:    Monday, November 26, 2001 8:56 AM
> To:    Cash, Michelle; Sullivan, Kriste
> Subject:    RE: Sec. 3.4 B Procedures
>
>
> I recall some concern from the benefits people that placing employees
> on a "leave of absence" might disqualify them from certain other
> benefits like AD&D which requires actual attendance at work.  Thus, we
> need to be careful about the terminology used for the WARN notice
> period.  Otherwise, the attached seems good to me.
> Would it be appropriate to amend section 2.3(e)of the plan with this
> amendment?  As you recall, I was uncomfortable with section 2.3
> because it isolated those formerly on LTD and may discriminate against
> those with disabilities. Why not just make it neutral.  Everyone must
> be actively at work for 6 months (a shorter period probably is
> preferable) before they are eligible to receive severance, or
> something to that effect.
> Kerry E Notestine
Michelle,
Here are some thoughts:
If the benefits which require employees to be actually in attendance are insured benefits, it would be a good idea to contact the insurance company to see how the WARN leave of absence or furlough affects coverage under the group policy.  The insurance company may not pay the benefit regardless of what Enron wants to do.  If when the insurance company understands the circumstances, would be willing to pay a benefit to an employee on WARN leave of absence, then it would be a good idea to have the Welfare Benefits Plans Committee adopt a procedure for such insured plans that states employees on WARN leave of absence or furlough with pay are considered to be actively at work during such period that they are instructed not to come to their work location during such time.
As to Section 2.3(e) of the Plan, we could either delete that section and add a six month active employment eligibility period with no service bridge to Section 2.1, or revise (e) to state the same thing.
Pat


---------------------- Forwarded by Mark - ECT Legal Taylor/HOU/ECT on
02/01/99 09:51 AM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  trials@optioninvestor.com (Option Investor Newsletter     Trials)
                      01/28/99 08:52 PM

Please respond to trials@optioninvestor.com
To: Option Investor Newsletter Trials <trials@optioninvestor.com>
cc:  (bcc: Mark - ECT Legal Taylor/HOU/ECT)
Subject: Thursday Option Investor Newsletter 1 of 2

The Option Investor Newsletter         Thursday  1-28-99
Copyright 1999, All rights reserved.
Redistribution in any form strictly prohibited.

Posted online for subscribers at http://WWW.OPTIONINVESTOR.COM

Also provided as a service to The Online Investor Advantage

Published three times weekly, Sunday, Tuesday, Thursday evenings.
************************************************************
MARKET WRAP  (view in courier font for table alignment)
************************************************************
        1-28-98         High     Low     Volume   Advances Decline
DOW     9281.33 + 81.10 9301.15  9203.57  850,761k  1,552   1,423
Nasdaq  2477.34 + 70.20 2477.47  2438.26 1018,400k  2,067   1,933
S&P-100  632.23 + 10.88  632.95   621.35   Totals   3,619   3,356
S&P-500 1265.37 + 22.20 1266.32  1243.17            51.9%   48.1%
$RUT     423.97 +  2.85  424.19   421.13
$TRAN   3078/33 - 10.77 3114.27  3059.52
VIX       28.61 -  2.75   30.51    28.40
Put/Call Ratio      .51
*************************************************************

What happened to Brazil? Did Intel or Yahoo buy it?

From the 180 degree change in market sentiment we had today you
would think that Brazil was taken over by an Internet stock.
The Intel split announcement and the Yahoo announcement of it's
takeover of GeoCities energized the market and revitalized the
tech sector. Brazil was hardly even mentioned in the days news
after they reported on the maturity date changes before the
market opened.

On top of the blooming optimism at the open Alan Greenspan
actually blessed the Internet sector during a testimony in
Washington. He said basically that he thought investors were
viewing Internet stocks as "lottery ticket" plays were the
odds were much better. He pointed out that analysis of future
earnings and growth was actually culling the good plays from
the bad ones. He said that historically investors often buy
on faith companies that they anticipate to do well before any
actual earnings exist and the Internet sector is no different.

When you consider that there are 68,000 new Internet surfers
coming online every day it just makes sense that the only
five year old Internet will continue to grow at an exponential
rate. With that user growth the leaders will quickly amass
larger audiences while the smaller less efficient providers
will either fall by the wayside or be taken over. Free enterprise
is a wonderful thing and tends to continually prune itself of
excesses and reward hard work and innovation. Enough preaching
but did you know that of the 31 analysts that follow AOL, 28
either recommend a buy or strong buy, even at these prices!!

The Nasdaq was the clear winner again today, setting a new
closing high. The leaders were the four horsemen, MSFT +5.38,
INTC +4.44, DELL +5.38, CSCO +5.44. Most of the Internets
were up double digits again and show no signs of stopping.
I would remind you that Internets have been weak on Fridays
of late as traders take profits from the week.

The Dow was led today by the same stocks that took it down
yesterday. JPM +4.31, C +1.69, T +4.63, MO +2.25, GE +1.94.

Contrary to news hype the Dow traded in exactly the same range
as it traded yesterday only without the end of day drop.
The 9250-9300 range only provided a positive day today due
to the -70 drop at the close yesterday. The market did not
"get well" over night. It just recovered from the spike
caused by two sell programs at the close. Check out a chart!

I really hate to keep coming back to this but the advance/decline
ratio only barely broke even today. The NYSE adv/decl 1552/1423
was only positive by 129 and the Nasdaq 2067/1933 was positive
by 134. This is definitely not a major move and not a major
reversal of the down trend. This could be the start of a new
uptrend but the proof is in Friday's numbers.

I got some hate mail for being somewhat cautious (bearish) in
last nights commentary. When the market had fallen from a +90
high to only +30 at 2:30 this afternoon I was really worried
that the caution was justified and it looked like we could
close negative for the day. I don't feel like a word of
caution after a bad day is particularly bearish but until
Brazil resolves it's problems I believe it bears watching.
When your life savings is invested in the market it is sheer
stupidity not to watch anything that can cause problems. You
would not ignore a rattlesnake in your closet just because
you can't see it today. Eventually it will come out and
probably when you least expect it.

Friday is a wildcard. Futures are up +2.00 and it looks
bullet proof but I know Murphy's law is alive and well.
About the only thing you can count on for tomorrow is more
volatility. It would not surprise me to see techs suffer
from profit taking. Whenever a stock is up double digits
for the week it is a prime candidate.

Good Luck

Jim Brown

*******************************************************
Market Posture
*******************************************************
As of Market Close - Thursday, January 28, 1999

                   Key Support
Broad Market         /Resistance    Last    Posture/Since  Alert
****************************************************************

DOW Industrials    9,100   9,730   9,281    Neutral   1.15
SPX S&P 500        1,210   1,280   1,265    Neutral   1.12
OEX S&P 100          600     635     632    Neutral   1.12
RUT Russell 2000     420     435     424    Neutral   1.12

NDX NASD 100       1,900   2,010   2,105    BULLISH   1.26
MSH High Tech        930     980   1,021    BULLISH   1.26

                   Key Support
Technology           /Resistance    Last    Posture/Since  Alert
****************************************************************
XCI Hardware         830     875     934    BULLISH   1.26
CWX Software         610     665     677    BULLISH   1.26
SOX Semiconductor    360     410     406    Neutral   1.8
NWX Networking       420     450     446    Neutral   1.8
INX Internet         470     570     564    Neutral   1.8

                   Key Support
Financial            /Resistance    Last    Posture/Since  Alert
****************************************************************
BIX Banking          650     710     645    BEARISH   1.22
XBD Brokerage        630     725     689    Neutral   1.14
IUX Insurance        590     620     574    BEARISH   1.21

                   Key Support
Other                /Resistance    Last    Posture/Since  Alert
****************************************************************
RLX Retail           800     860     866    BULLISH   1.28 *
DRG Drug             740     795     776    Neutral   1.26
HCX Healthcare       720     780     762    Neutral   1.26
XAL Airline          310     350     293    BEARISH   1.22
OIX Oil & Gas        245     260     229    BEARISH   1.14

Posture Alert

A positive showing from the equity market has firmed the
bullish bias driven by M&A activity, decent earnings results,
favorable economic data, and a stock split from AOL and
Intel.  After advancing and closing into record territory, we
have turned Bullish across the Retail.  We caution investors,
however, that the current rally has been driven by a few
blue-chip companies and that several key industry sectors are
still trading at or below their 50-day moving averages including
Banking, Insurance, Airlines and Oil & Gas.

A detailed description of our Market Posture and its
applications can be found at:

www.optioninvestor.com/marketposture

******************************************************
Market Sentiment - By Pinnacle Capital Advisors
******************************************************
Percent Bearish Below 30%

According to Investors Intelligence readings, the percentage of
those who are bearish is now only 28.2%.  Investors Intelligence
publishes the percentage of newsletter writers who are "Bullish"
or "bearish" on a weekly basis.  When pessimism evaporates, the
market may be nearly a correction. This is significant because
such a low number of bears suggests that much of the available
capital is ALREADY invested and very little remains to fuel
additional market advances.

Just by way of benchmark, the percent of "bears" back on July 17,
1998 clocked in at 23.3% - just days before the start of a major
sell-off.

Other sentiment indicators are still flashing BEARISH
overtones over the near-term so we advise subscribers to
tightly protect their long positions.
Any questions regarding market sentiment can be directed at:
pinnacle@optioninvestor.com

Market Sentiment at a Glance
********************************************************************
                                Friday      Tues     Thurs
Indicator                       (1/22)     (1/26)   (1/28)   Alert
********************************************************************

Pinnacle Index (OEX):
-----------------------------------------------------------------
Overhead Resistance (620-635)     1.4        1.9        1.7
Underlying Support  (595-610)     1.3        1.3        1.4

Put/Call Ratios:
-----------------------------------------------------------------
CBOE Total P/C Ratio               .5         .5         .5
CBOE Equity P/C Ratio              .4         .4         .4   *
OEX P/C Ratio                     1.2        1.1        1.1

Peak Open Interest (OEX):
-----------------------------------------------------------------
Puts                              610        610        610
Calls                             610        610        610
P/C Ratio                         .9         .9         1.19

Market Volatility Index (VIX):
-----------------------------------------------------------------
CBOE VIX                         32.85      29.35     28.61   *

Investors Intelligence:
-----------------------------------------------------------------
Bullish                          60.0%      60.0%     60.7%   *
Bearish                          30.0%      30.0%     28.2%   *

The Power of Expectation Analysis

It has often been said that the crowd is right during the
market trends but wrong at both ends.  Measuring and
evaluating the sentiment of the crowd, therefore, can give
savvy option traders a decided edge.

Pinnacle Index
-----------------------------------------------------------------
OEX                             Friday     Tues     Thurs
Benchmark                       (1/22)     (1/26)   (1/28)
-----------------------------------------------------------------

                    (630-635)      2.7        3.2      3.4
                    (620-625)      1.1        1.3      1.1
Overhead Resistance (620-635)      1.4        1.9      1.7

OEX Close                       610.38     627.17   632.23

Underlying Support  (595-610)      1.3        1.3      1.4
                    (605-610)      1.0        1.0      1.1
                    (595-600)      1.9        1.9      1.9

Average ratings:
Resistance levels 2.0 / Support .5

What the Pinnacle Index is telling us:
Overhead sentiment resistance is Moderately weak at the OEX
620/635 level while the underlying support is moderately weak.

Put/Call Ratio (10-Day Moving Average)
-----------------------------------------------------------------
                                Friday     Tues      Thurs
Strike/Contracts                (1/22)     (1/26)    (1/28)
-----------------------------------------------------------------
CBOE Total P/C Ratio              .53        .54        .53
CBOE Equity P/C Ratio             .40        .42        .41
OEX P/C Ratio                    1.15       1.13       1.06

Peak Open Interest (OEX)
-----------------------------------------------------------------
                     Friday         Tues           Thurs
Strike/Contracts     (1/22)         (1/26)         (1/28)
-----------------------------------------------------------------
Puts                 610 / 11,153   610 / 10,675   610 / 11,645
Calls                610 / 11,865   610 / 10,926   610 / 10,683
Put/Call Ratio       .94            .98            1.19

Volatility Index (VIX)
-----------------------------------------------------------------
                    Major
Date                Turning Point       VIX
-----------------------------------------------------------------
October 97          Bottom              54.60
July 20, 1998       Top                 16.88
October 8, 1998     Bottom              60.63
January 11, 1998    Top                 26.38

January 22, 1999                        32.85
January 26, 1999                        29.35   *
January 28, 1999                        28.61   *

Investors Intelligence Survey
-----------------------------------------------------------------
                    Major             Percent     Percent
Date                Turning Point     Bullish     Bearish
-----------------------------------------------------------------
October 97          Bottom            22.0        48.3
July 20, 1998       Top               52.0        24.0
October 8, 1998     Bottom            38.5        42.7
January 11, 1999    Top ?             58.3        30.0

January 26, 1999                      60.7        28.2   *

Please view this in COURIER 10 font for alignment
*****************************************************
RESULTS THIS WEEK

Index Last       Mon   Tue    Wed    Thu   Week
Dow       9281 82.65 121.26 -124.4   81.1 160.66
Nasdq     2477 30.43  64.10 -26.27   70.2 138.46
$OEX       632  5.68  11.11  -5.82  10.88  21.85
$SPX      1265  8.79  18.33  -9.14   22.2  40.18
$RUT       424 -0.33   3.22  -4.21   2.85   1.53
$TRAN     3078 49.17  26.47 -50.34 -10.77  14.53
$VIX        29 -0.82  -1.18   2.51  -2.75

Stock Price   Mon   Tue   Wed   Thu   Week

AOL     174.44  5.56  8.86 10.50  8.94 33.86 Another 2:1 split on schedule
MSFT    174.00  5.63  9.69 -2.94  5.38 17.76 Dip buying en masse
SEPR    111.75  2.25  2.50 -2.00  9.50 12.25 Reaction to LLY's Prozac #s??
SUNW    109.31  3.06  5.56 -1.19  3.88 11.31 Dip buying en masse
DELL     94.19  1.88  3.63  0.00  5.69 11.20 Time for a pullback
BBY      90.44  3.63  3.63  2.13  1.81 11.20 Time for a pullback
LXK     110.31  4.88  3.88  1.31  1.00 11.07 Ditto
VOD     197.63  3.25  2.88  0.13  4.00 10.26 Looking very strong
NOK/A   154.00 -0.56  1.38 -0.13  8.75  9.44 Split Candidate with Earnings
EMC     106.88  3.50 -0.25  0.06  5.06  8.37 Internet storage gorilla
CEN      80.38  2.38  3.06  1.50  1.38  8.32 On a split run
CVC      70.50  2.13  1.31  1.57  2.63  7.62 New pick
CLX     121.69  1.43  2.57  0.81  2.50  7.31 New pick,Defensive play
CSCO    108.88  0.63  3.69 -3.69  5.44  6.07 Split Candidate on Monday
XLNX     83.50 -1.06  5.44 -2.75  3.69  5.32 Dip buying en masse
WCOM     79.88  2.81  0.25 -0.38  2.31  4.99 At resistance.
MU       75.25 -1.50  2.88 -0.38  3.75  4.75 Influenced by INTC excitement
ORCL     53.69  1.19  1.81 -1.88  2.69  3.81 Dip buying en masse
ANF      73.00  2.13  2.06 -0.19 -0.75  3.25 Consolidating
DH       63.06  0.31  0.63  2.13  0.06  3.13 Great showing Wednesday
WMT      85.13  0.00  1.56  1.63 -0.06  3.13 Slow and sure
XIRC     45.00 -0.06  0.38  1.56  1.13  3.01 Gaining momentum
VIA/B    85.00  0.44 -0.88  1.00  2.13  2.69 Gaining momentum
SNC      40.25  1.19  0.56  0.06  0.69  2.50 Consolidating
UTX     116.94  1.25  1.44 -1.38  1.06  2.37 Dow bull rider

PUTS

AVP      35.63  0.00 -1.13  0.13 -0.94 -1.94 Breaking down
DD       52.69  0.44 -0.88 -0.75 -0.44 -1.63 Breaking down again
BKB      36.31 -0.50 -0.38 -1.19  0.75 -1.32 Leaking
AMR      54.50  0.38  0.25 -2.69  1.31 -0.75 Losing altitude
BAC      64.88 -0.38  0.25 -2.81  2.75 -0.19 Leaking
AVT      44.81 -0.75  1.38 -1.31  0.56 -0.12 Continued weakness
AXP     100.44  3.00  0.25 -2.31  1.00  1.94 Continued weakness
PHSYB    70.38  1.75 -0.56 -0.44  1.50  2.25
PG       87.81 -1.69  1.94  0.75  1.50  2.50 On the edge
BDX      36.31  1.94  0.56  0.25 -0.19  2.56 Selloff still intact
CPB      47.00  1.25 -1.44  2.00  0.88  2.69 Soups getting cold
MRK     142.44 -1.50  6.50 -0.25 -1.31  3.44 Dropped
WLA      72.13 -0.44  1.63  3.13 -0.13  4.19 Dropped
HSY      63.94  2.50  0.00  0.44  2.00  4.94 Dropped

PICKS WE DROPPED
****************
When we drop a pick it doesn't mean we are recommending a sell
on that play. Many dropped picks go on to be very profitable.
We drop a pick because something happened to change its
profile. News, price, direction, etc. We drop it because we
don't want anyone else starting a new play at that time.
We have hundreds of new readers with each issue who are
unfamiliar with the previous history for that pick and we
want them to look at any current pick as a valid play.

CALLS:
******

None

PUTS:
******

HSY - $64.00 2.00 (5.50) Stopped out of position at $62.25
today (1/28).

MRK - $142.50 -1.25 (3.50) Stop out of position on Wednesday
(1/27) on drug stock rally at $145.25.

WLA - $72.13 -.13 (4.13). Stopped out of position at $72.25 on
Wednesday (1/27) on drug sector rally.

PICK NEWS - CALLS
*******************************************************
EMC $106.88 +5.06 (+8.38) EMC set a new high today and closed
near the high.  The positive press just continues to roll in.
There was an article by The Motely Fool yesterday that is worth
reading if you trade EMC.  Some of the highlights of the
article are that EMC's market share in the data storage market
has grown from 28% to 32% while IBM's has decreased from 24% to
20%.  The Internet and E-commerce should continue to drive
EMC's sales, as 8 of the 10 largest Internet service providers
already use EMC storage systems.  Also in the news today,
Gruntal & Co. started coverage on EMC with a buy rating.

ORCL $53.69 +2.69 (+3.81) ORCL set a new high today, and closed
slightly below its old high.  In the news, ORCL's Japanese
subsidiary priced it initial public offering today.  It is
expected to be one of Japan's hottest IPOs in many months.
Like many US IPOs, it is expected to soar on the day of its
debut.  ORCL's ownership in the company will fall from 91% to
85% after the public offering.  The other news item that is
probably helping ORCL a little is Informix, the No. 5 maker of
database software, announced better than expected earnings.
(which is likely to raise expectations for ORCL).

UTX $116.94 +1.06 (+2.38) UTX set a new 52 week high at $118.75
after the open on Wednesday, and has traded down since then.
As we have said on numerous occasions, with the lack of news,
UTX will mirror the Dow.  In fact, if you look at its daily
chart from today you will see what we mean.  UTX took a dip
shortly after noon and recovered towards the close.  We haven't
had any news on UTX, but the Street did like the announcement
last week about UTX deciding to sell its underperforming
automotive unit.

MU $75.13 +3.63 (+4.63) Micron was off slightly yesterday, but
today it gapped up at the open and kept on going.  We said on
Tuesday that while Micron's current quarter ends in February,
and earnings won't be released until sometime in March, the
stock will react to any news on other chip stocks in the
meantime.  Most of the sector is in the middle of earnings
releases.  A 2-for-1 stock split by chip sector leader Intel
can only be positive for the other chip stocks.  Look for MU
to continue moving higher in sympathy.

NOKA $152.75 +7.50 (+8.19) Nokia saw a nice jump in its stock
price today ahead of tomorrow morning's earnings report. If
you sold this afternoon, you locked in your profits and you
can jump back in tomorrow if the numbers look good and/or
they announce a split.  Those who held over should note that
earnings will be reported before the NYSE opening bell, so the
stock will gap up or down accordingly.  Rival Ericsson just
reported strong earnings and received an upgrade.  Nokia has
been looking even stronger than Ericsson in recent months, so
we are hoping for big news in the morning.

WMT $85.44 +.25 (+3.44) The King of retailers is back to its
old ways--a slow but steady climb in price, which is why we
picked them up again. WMT is sitting just below the intra-day
high it set on Tuesday of $85.94, which is it's only resistance.
WMT had a 389,000 share block trade Wednesday at $84.00. This
is both a momentum play and a split candidate (which we would
expect with earnings).

BBY $90.44 +1.81 (+11.19) Best Buy keeps powering ever higher,
today setting a new intra-day high of $91.94. BBY seems to have
found a successful retail formula, and they sell what consumers
want most these days: technology products. Everything is
increasing for this company: total number of stores, same store
sales, market share, profit margins, and stock price. Higher
selling and administrative costs also showed up on their last
quarterly report, but they were part of an effort to improve
performance and increase volume. The only thing that declined
was their interest expense, and that is very positive. Sales
for most of the holiday period will show up in the current
quarter, so there is probably still good news yet to come.

DELL Computer $94.19 +5.69 (+11.19)  We often note that
volume is critical to sustained price moves, and bemoan
Dell a bit on its lighter volume.  Fortunately, trading
volume swelled yesterday and today to 23 million and 21
million shares, respectively; average is 17.5 million.
Dell traded flat yesterday, but was up $5.69 today to a new
all-time high.  There is still room to run as Dell blasted
through resistance with no immediate end in site.  Protect
your profits with stops and confirm direction first before
playing. Earnings are scheduled after the close, February
16.

CSCO - Cisco Systems $108.88 +5.48 (+6.07)  Cisco was
wholloped yesterday into the $103 range, but made it all
back, and then some, today on strong volume.  NASDAQ is on
a tear with CSCO as the 3rd highest weighted stock in the
NASDAQ 100.  Market willing, expect further advances into
earnings.  CSCO is also a split candidate with enough
shares authorized to announce a 3:2 split along with
earnings scheduled for release on February 2.  The run has
begun.  Dips are buyable.  Confirm upward movement first
and use stops to protect your profits.

AOL - America Online $174.75 +9.25 (+34.27)  Same league as
Microsoft.  AOL announced $0.17 earnings yesterday, $0.03
better than estimates, and a 2:1 stock split (effective
February 22).  Volume swelled to almost 20 million shares,
both yesterday and today, sending AOL into orbit.  Buying
pressure is still on as AOL closed at a new all-time high.
Resistance is weak at $176, its all-time trading high set
today just before the close.  AOL's new target price is
$210 and now occupies a top 10 position in the Fidelity
Magellan Fund.  With so much profit built in, remember to
use stops.  Dips are buyable.  Market permitting, the sky
is the limit.

WCOM - MCIWorldCom $79.88 +2.31 (+5.00)  Here we are again;
WCOM just can't seem to break resistance at $80.  Market
willing, it looks like we'll get another chance to crack it
tomorrow.  Wait for penetration of $80 with strong volume
before making a play.  Still benefiting from Supreme Court
ruling against the Baby Bells, WCOM is rumored to soon be
announcing the start of a new consumer Internet service,
different from UUNET, its business ISP.  In its acquisition
of MCI, WCOM was required to shed its consumer ISP
division, Cable and Wireless, in order to gain Federal
approval for the merger.  Dips are buyable, but wait for a
clear reversal.

MSFT - Microsoft $174.00 +5.38 (+17.75)  A nice surprise,
MSFT still wants to run following it's stellar earnings and
Monday's 2:1 split announcement (effective 3/26),
contingent upon shareholder approval.  We expected a
pullback, but not as small as the one we got.  After losing
less than $3 yesterday, MSFT closed today at a new all-time
high, just $0.06 off its highest trade on 53% higher than
average volume -- extremely bullish.  If the market
continues up, MSFT will too since they are the largest
component of the NASDAQ 100.  As always, confirm market
direction first [don't forget to use stops]

DH - Dayton Hudson $63.06 +0.06 (+3.12)  Slow and steady;
that's the way the parent company of Target Stores moves.
Volume was a little light today -- only 1.3 million shares
traded.  Yesterday, DH gave us a nice $2+ pop on 2 million
shares (2 million average).  70,000 shares traded at the
close yesterday at a price of $63, lending some support at
this price.  No news this week.  Look for small rises to
continue if the market cooperates.  1189 institutions own
89.5% of the 395 million shares in float leaving about 40
million shares in daily float to trade.  Translation:  not
many sellers; extra volume will tend to goose the price.
Dips are buyable on a reversal.  DH is a more conservative
play.

ANF $73.00 -0.75 (+3.25)  After the $4.19 run it made on
Monday and Tuesday, ANF was due for some profit taking.
Wednesday, it lost $0.19 to humor us.  Thursday, ANF
teeter-tottered back and forth between green and red for most
of the day but then finally decided to finish negative.
ANF seems to be consolidating before resuming its course.
Just to be sure, wait for ANF to show upward movement again
before initiating new positions.

SEPR $111.75 +9.50 (+12.25)  Geez, when we initiated coverage
of this pharmaceutical company on Tuesday, we planned on
seeing the stock gradually increase.  Instead, the stock
pleasantly surprised us by spiking up +$11.25 during Thursday
trading.  It even broke above the new 12 month price target
of $112 set by BancBoston Robertson just last Friday.  However,
it couldn't hold on and finished the day at $111.75.  The
uphill spurt may in part be due to news of improved sales of
Eli Lilly's depression drug named Prozac.  Lilly and Sepracor
are currently working on an improved version of Prozac (which
loses its patent protection sometime after 2001).  Set your
stop losses tight to prepare for any subsequent profit taking.

***** Play updates continued in section two *****

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newsletter picks are not to be considered a recommendation
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Please let me know if you need detailed info on vesting.

The Vested and Unvested values were determined with a $51.00 current Stock Price.  The values do include the grants provided on 1/22/01.  If you received any grants after 1/22/01, I'm not aware of them -- just let me know the grant date or other info and I'll get all the detailed info.

 -----Original Message-----
From: 	Kitchen, Louise
Sent:	Monday, June 11, 2001 11:14 AM
To:	Oquinn, Kari
Subject:	RE: Favor

Thanks very much - its appreciated.

From:	Kari Oquinn/ENRON@enronXgate on 06/11/2001 11:03 AM
To:	Louise Kitchen/HOU/ECT@ECT
cc:

Subject:	RE: Favor

I will get the following to you today, via e-mail (usual password).

 -----Original Message-----
From: 	Kitchen, Louise
Sent:	Monday, June 11, 2001 10:58 AM
To:	Oquinn, Kari
Subject:	Favor

Can you do me a favor when you have a minute,  I am doing a will and need details of my stocks and options and I wanted to check out that I have everything included as I do not information on all of it (particularly a recent tranche).  Can you email me a spreadsheet (usual password) or if that is too much of a problem just the nominal values of vested and unvested at current Enron stock prices.

Thanks

Louise


Please send credit worksheet to Susan Bailey.  SS

	Enron Capital & Trade Resources Corp.

	From:  Patricia Cini                           08/23/99 05:15 PM

To: Sara Shackleton/HOU/ECT@ECT
cc:
Subject: MSA with TGS

Sara:

I just spoke with Rolo and he advised the ownership structure of
Transportadora de Gas del Sur S.A. (TGS):

70% of TGS is owned by Compania de Inversiones de Energia S.A. (CIESA)
CIESA is owned 50% by Enron and 50% by Perez Companc.
In the corporate workbook the ownership structure of CIESA is outlined.

The ownership structure of CIESA is somewhat complex and it appears that
Enron Pipeline Company-Argentina S.A. is the legal entity that owns the
shares in CIESA.

I am assuming the best way to structure the event of default is to say if
Enron Corp. through its wholly-owned subsidiaries no longer owns 50% of CIESA
and/or if CIESA no longer owns 70% of TGS then, a Change in Ownership Event
of Default will have occurred.

Please let me know what you think of this.

Regards,

Pat

---------------------- Forwarded by Patricia Cini/HOU/ECT on 08/23/99 05:01
PM ---------------------------
From: Rodolfo Freyre AT ENRON_DEVELOPMENT@CCMAIL on 08/20/99 01:18 PM
To: Patricia Cini@ECT, Sara Shackleton@ECT
cc: Federico Cerisoli AT ENRON_DEVELOPMENT@CCMAIL, "Don
Black/ENRON_DEVELOPMENT" AT ENRON_DEVELOPMENT@CCMAIL
Subject: MSA with TGS

Pat,

Yetserday we had a meeting with TGS. We agreed to put an MSA in place to
start hedging LPG. They are very interested in doing business with us, so I
suggest we go ahead preparing the MSA.
Do you need TGS financial's or you already have them? Do you need anything
else?

Regards,

Rolo


Attention supervisors and managers!

Would you like to improve your ability to lead and manage your team?  The EWS Development Center would like to invite you to The Managers Level Impact and Influence Program.

Date:                             June 14th and 15th
Time:                             8:00 a.m. to 5:00 p.m. (both days)
Place                             Travis Room 1 at the Double Tree Hotel Down Town
Cost:                            $1,500
Target Audience:          Sr. Specialist and Managers in a supervisory role
CPE credits available

Innovative Leadership is the cornerstone of Enron's ability to motivate and retain the industry's top talent.  The Organizational Development and Learning group would like to invite all Enron managers to participate in a new leadership overview course.

This workshop will offer the tools you'll need to lead and manage others more effectively.  In this course you'll gain knowledge and insight on leadership capabilities and receive resources you can readily apply at work.  This two-day program, involving a maximum of 16 participants, has been specifically built to give Enron managers the information they need to succeed in our work environment.   It is an interactive workshop including individual and group exercises designed to drive home insights and build skills that are relevant to your job.

Topic areas include:
?        What is Leadership?
?        Leadership Credibility
?        Thinking Strategically
?        Managing Change
?        Directing Others
?        Leading Teams
?        Influencing Others

Participants will be asked to complete a short self-assessment before coming to the program.  Additionally, each participant will leave with a detailed action plan and other resources to help manage their group and prepare for the next level of leadership.

To register for this class, log on to InvestInMe at http://www.corptraining.com/index.cfm?company=enron.
If you have any questions, please call 713 853-1816.


Start Date: 1/29/02; HourAhead hour: 12;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002012912.txt


The counterparties that CPR uses in correlation to the SITARA portfolios set up, should not be set up as books, they should be set up
like the example below.  All the PB counterparties need to be set up like the example below.  The PB should not be set up as books.

Any questions or comments, please call me.

Russ

<Embedded Picture (Device Independent Bitmap)>


Sorry - the NDA copy was in the TradeSpark trading platform file.

Mark
Senior Counsel, ENA
Phone:     713-345-8897
Facsimile: 713-646-3940
E-Mail:      Mark.Greenberg@enron.com

	Tana Jones@ECT
	03/01/2001 09:16 AM

		 To: Mark Greenberg/NA/Enron@ENRON
		 cc:
		 Subject: RE: TradeSpark NDA

Yes, I fedexed TradeSpark out to them.  If you remember, I brought the file
copy around to you for the file.

	Mark Greenberg@ENRON
	03/01/2001 09:06 AM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: RE: TradeSpark NDA

Tana -

Did we finalize the TradeSpark NDA yesterday?  Please let me know.

Thanks.

Mark
Senior Counsel, ENA
Phone:     713-345-8897
Facsimile: 713-646-3940
E-Mail:      Mark.Greenberg@enron.com
----- Forwarded by Mark Greenberg/NA/Enron on 03/01/2001 09:06 AM -----

	"Fogel, Stephen" <SFogel@cantor.com>
	03/01/2001 08:39 AM

		 To: "'Mark.Greenberg@enron.com'" <Mark.Greenberg@enron.com>
		 cc: Michael.Bridges@enron.com, Tana.Jones@enron.com, "Hayes, Robert"
<RHayes@cantor.com>, "Williams, Mike" <MWilliams@tradespark.com>
		 Subject: RE: TradeSpark NDA

Thank you. My understanding is the pricipals want to meet Fri. If we can
finalize today, that would ne great.

-----Original Message-----
From: Mark.Greenberg@enron.com [mailto:Mark.Greenberg@enron.com]
Sent: Wednesday, February 28, 2001 9:51 AM
To: Fogel, Stephen
Cc: Michael.Bridges@enron.com; Tana.Jones@enron.com
Subject: RE: TradeSpark NDA

Stephen -

This is acceptable.  I will move forward on finalizing the NDA.

Mark
Senior Counsel, ENA
Phone:     713-345-8897
Facsimile: 713-646-3940
E-Mail:      Mark.Greenberg@enron.com

                    "Fogel,

                    Stephen"             To:
"'Mark.Greenberg@enron.com'"
                    <SFogel@canto        <Mark.Greenberg@enron.com>

                    r.com>               cc:     Michael.Bridges@enron.com,

                                         Tana.Jones@enron.com

                    02/27/2001           Subject:     RE: TradeSpark NDA

                    12:05 PM

Mark, thank you. We would request that in Paragraph 3 the "Except as
otherwise provided" languge be deleted and the language below be added in
replacement.

"The parties acknowledge and understand that this agreement does not limit
or restrict the ability of either party to engage in its respective
business, nor does it limit either party's use or application of any
information or knowledge acquired independently of the other without breach
of this agreement in the course of such business.

Is this acceptable?

-----Original Message-----
From: Mark.Greenberg@enron.com [mailto:Mark.Greenberg@enron.com]
Sent: Tuesday, February 27, 2001 9:55 AM
To: Fogel, Stephen
Cc: Michael.Bridges@enron.com; Tana.Jones@enron.com
Subject: RE: TradeSpark NDA

Stephen -

The below language is acceptable; however, I would suggest it be placed as
the first sentence of Paragraph 3, if it remains TradeSpark's position that
the existing first sentence of this paragraph (beginning with "Except as
otherwise provided ....") is to be deleted.  If the existing first sentence
is to remain, the language you propose should be added as the second
sentence of paragraph 3.

Please confirm the above and I will move forward on finalizing the
agreement.

Thanks for your cooperation.

Mark
Senior Counsel, ENA
Phone:     713-345-8897
Facsimile: 713-646-3940
E-Mail:      Mark.Greenberg@enron.com

                    "Fogel,

                    Stephen"             To:
"'Mark.Greenberg@enron.com'"
                    <SFogel@canto        <Mark.Greenberg@enron.com>

                    r.com>               cc:     Michael.Bridges@enron.com,

                                         Tana.Jones@enron.com

                    02/26/2001           Subject:     RE: TradeSpark NDA

                    05:22 PM

I believe I understand your concerns - I would like to suggest that we add
the following language after the first sentence of Paragraph 3 - and then
execute the Agreement.

-----Original Message-----
From: Mark.Greenberg@enron.com [mailto:Mark.Greenberg@enron.com]
Sent: Monday, February 26, 2001 4:55 PM
To: Fogel, Stephen
Cc: Michael.Bridges@enron.com; Tana.Jones@enron.com
Subject: TradeSpark NDA

Stephen -

Since we keep missing each other, I wanted to drop you a note about the
comments TradeSpark made to the Enron NDA.

As to the comments:

Paragraph 1 - The changes are acceptable.

Paragraph 3 - The rationale for this deletion needs to be provided.  I
cannot see why this change was made or is necessary.

Paragraph 5 - This deletion is unacceptable to Enron.

When you get a chance, please call me to further discuss Paragraph 3.

Thanks.

Mark
Senior Counsel, ENA
Phone:     713-345-8897
Facsimile: 713-646-3940
E-Mail:      Mark.Greenberg@enron.com


Karen,

When I asked MT about exp. smoothing she said that exp smoothing is used for smth else and not for correlations. She suggested though that I run the correlations between the changes in prices as that will remove the trends in data (if there is any trend) for a more accurate corr. coefficient. That is what I did in the spreadsheet. As a result correlation coefficients were much lower.

By the way, how is your son doing?
Monika

-----Original Message-----
From: Carter, Karen E.
Sent: Thursday, August 09, 2001 11:32 AM
To: Causholli, Monika; Allan, David
Subject: RE: Correlations between NBSK price and paper grades prices

Monika,

Just curious, are these the correllations with or without exponential smoothing?  Thanks.

KC

-----Original Message-----
From: Causholli, Monika
Sent: Thu 8/9/2001 10:20 AM
To: Bryja, James; Allan, David; Carter, Karen E.
Cc:
Subject: Correlations between NBSK price and paper grades prices

Jim,

Attached is the file that contains the correlation analysis between the NBSK price and the price for paper grades.

Let me know if you want to further discuss this.

thanks,
Monika <<Corr.doc>>