Bill and Tanya:

I am resending this memo to you in light of what I understand is a 3-year
deal that Craig Breslau has done with MARTA (Metropolitan Area Rapid Transit
Authority).  I need to advise Mark Haedicke of the details as soon as
possible since MARTA is a public entity and we do not have an executed Master
Agreement with MARTA.  We sent a draft document to MARTA on May 11, 2001.
Until we resolve the "capacity" or "authority" issue, there is significant
legal risk attached to transactions with governmental entities.

I left a message for Jay Williams to please advise me of trade details.

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com
----- Forwarded by Sara Shackleton/HOU/ECT on 05/17/2001 05:19 PM -----

	Sara Shackleton
	09/21/2000 04:14 PM

		 To: William S Bradford/HOU/ECT
		 cc: Dorothy Youngblood/HOU/ECT@ECT
		 Subject: Municipalities Memo

Bill:  The attached memo was distributed to legal last week.  We have had a
number of questions arise on the power side lately regarding financial
transactions (ranging from short term to quarterly) with governmentals.  As
you will see in the memo, the risks are significant.  Please let me know if
you have any questions.  Sara
----- Forwarded by Sara Shackleton/HOU/ECT on 09/21/2000 04:09 PM -----

	Brenda Whitehead
	09/11/2000 09:16 AM

		 To: Alan Aronowitz/HOU/ECT@ECT, Peggy Banczak/HOU/ECT@ECT, Sandi M
Braband/HOU/ECT@ECT, Teresa G Bushman/HOU/ECT@ECT, Bob Carter/HOU/ECT@ECT,
Michelle Cash/HOU/ECT@ECT, Barton Clark/HOU/ECT@ECT, Harry M
Collins/HOU/ECT@ECT, Shonnie Daniel/HOU/ECT@ECT, Peter del
Vecchio/HOU/ECT@ECT, Stacy E Dickson/HOU/ECT@ECT, Shawna Flynn/HOU/ECT@ECT,
Barbara N Gray/HOU/ECT@ECT, Wayne Gresham/HOU/ECT@ECT, Mark E
Haedicke/HOU/ECT@ECT, Leslie Hansen/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT,
Dan J Hyvl/HOU/ECT@ECT, Dan Lyons/HOU/ECT@ECT, Travis McCullough/HOU/ECT@ECT,
Lisa Mellencamp/HOU/ECT@ECT, Janet H Moore/HOU/ECT@ECT, Janice R
Moore/HOU/ECT@ECT, Julia Murray/HOU/ECT@ECT, Gerald Nemec/HOU/ECT@ECT, David
Portz/HOU/ECT@ECT, Elizabeth Sager/HOU/ECT@ECT, Richard B
Sanders/HOU/ECT@ECT, Lance Schuler-Legal/HOU/ECT@ECT, Sara
Shackleton/HOU/ECT@ECT, Shari Stack/HOU/ECT@ECT, Carol St Clair/HOU/ECT@ECT,
Mark Taylor/HOU/ECT@ECT, Sheila Tweed/HOU/ECT@ECT, Steve Van
Hooser/HOU/ECT@ECT, Ann Elizabeth White/HOU/ECT@ECT, Stuart
Zisman/HOU/ECT@ECT, Roger Balog/HOU/ECT@ECT, Mary Cook/HOU/ECT@ECT, Anne C
Koehler/HOU/ECT@ECT, Michael A Robison/HOU/ECT@ECT, Lou Stoler/HOU/ECT@ECT,
Robert Bruce/NA/Enron@Enron, Angela Davis/NA/Enron@Enron, James
Grace/Corp/Enron@ENRON, Mark Greenberg/NA/Enron@ENRON, Brent
Hendry/NA/Enron@Enron, Kay Mann/Corp/Enron@Enron, Martin W
Penkwitz/NA/Enron@Enron, John Viverito/Corp/Enron@Enron, Karen E
Jones/HOU/ECT@ECT, Alan Larsen/PDX/ECT@ECT, Dale Rasmussen/HOU/ECT@ECT,
Christian Yoder/HOU/ECT@ECT
		 cc:
		 Subject: Municipalities Memo

per the request of Mark Haedicke/Elizabeth Sager, please see this
attachment:


Ameritrade Partners With F5 Networks to Increase Web Site Performance

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

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

View complete article at:
http://www.stockselector.com/newsarticle.asp?symbol=FFIV&article=20752130

F5 NETWORKS INC  28.000

SEATTLE, Dec 11, 2000 (BUSINESS WIRE) -- F5 Networks, Inc. (Nasdaq:FFIV), the
leading provider of Internet Traffic and Content Management (iTCM) products,
today announced that Ameritrade (Nasdaq:AMTD) is deploying F5's iTCM products
to
optimize system availability and performance for its customer

Other Companies Involved:
AMTD
N/A
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


Has anyone talked with Tim B about what Larcamp said -- ie the soft cap only
applies to PX and ISO bids and not to any bilateral contracts including
bilateral fwd contracts?
----- Forwarded by Steven J Kean/NA/Enron on 11/16/2000 06:12 AM -----

	Donna Fulton
	11/14/2000 09:33 AM

		 To: Steven J Kean/NA/Enron@Enron
		 cc: Jeff Dasovich/NA/Enron@ENRON, Joe Hartsoe/Corp/Enron@ENRON, Mary
Hain/HOU/ECT@ECT, Paul Kaufman/PDX/ECT@ECT, Richard Shapiro/NA/Enron@ENRON,
Sarah Novosel/Corp/Enron@ENRON, Susan J Mara/SFO/EES@EES
		 Subject: Re: Comments on FERC November 1 order

Just to pile on with the issues, I will add a few thoughts of my own for
issues that we might want to consider in our November 20 comments.
Re: the application of the price cap to only PX and ISO, Commissioner Massey
is not totally on board.  He specifically asked about capping the forward
market.  He raised the idea that he had gotten from the San Diego hearing
that there be an accepted forward contract for a specified timeframe (18-24
months) and specified rate, and that all loads must buy a minimum percentage
of their needs from this contract.
A staffer (Don Gelinas) asked whether the forward/bilateral market
(presumably uncapped) could take care of investment recovery so that
generation not be cancelled in California.
Dynegy and other marketers raised the issue of the test to be used by the
Commission in reviewing transactions above the soft cap.  Specifically, what
is opportunity cost?  As long as the test is not known until after the fact,
there will be lack of secuity selling into the California and greater
incentive to sell elsewhere.
Hobbs from Williams raised the possibility that if the Commission does not
eliminate the soft cap (his preferred approach), that the cap should be
temporary and escalating and there should be limited time for raising issues
and retaining the refund liability (he suggested that the refund liability be
only for one month).
Many, especially the utilities, raised their position that the Commission
should not institute penalties only on the load.  They claimed this was
one-sided and suggested if penalties were required, they needed to be applied
to the supply side as well.  They also argued that the load could not meet
the 5% test.
Massey had a concern at the end of the day that the Commission's
encouragement of forward contracts will be stymied by the CPUC by their
authority in reviewing prudence of the utilities' purchases.
Larcamp asked at the end of the day for information on the cost of generation
before deregulation - normalized for gas prices and emmission prices of
today.  The marketer on the panel added that we would need to include
stranded costs.
There was almost no support for the single price auction in California.
The California politicians argued that the ISO Board structure needed to be
changed, but that California had jurisdiction to change it, not FERC.  A
Court battle was threatened.

	Steven J Kean
	11/13/2000 08:51 AM

		 To: Mary Hain/HOU/ECT@ECT
		 cc: Richard Shapiro/NA/Enron@Enron, Jeff Dasovich/NA/Enron@Enron, Susan J
Mara/SFO/EES@EES, Joe Hartsoe/Corp/Enron@ENRON, Sarah
Novosel/Corp/Enron@ENRON, Donna Fulton/Corp/Enron@ENRON, Paul
Kaufman/PDX/ECT@ECT
		 Subject: Re: Comments on FERC November 1 order

There are a few other issues we need to look into:

Larcamp told Hartsoe and I after the meeting that FERC may clarify that the
price caps and reporting obligations apply only to bids into the PX and ISO
-- ie no bilateral transaction will be subject to the requirements.  He asked
if knowing this would change any of our views (esp peaking plants, though I
suspect it's already too late for that).  My gut reaction is that so long as
the market continues to clear through the centralized exchanges this
"exemption" for bilateral transactions won't matter much, but let's think it
through.  Is EOL or APX an alternative?
Massey specifically asked us to address forward markets in our comments.
Specifically, "has FERC done everything it can to encourage forward market
development?"  In addition to any other points we might make, I think we
should argue that "PJMing" the market won't facilitate and may even hinder
forward market development.  Also, we should advocate actions by FERC that
take away second-guessing by the CPUC in order to reduce utility fears about
contracting forward.
We have to give the Commission a way out on price caps.  We need to think
through whether there is something we can live with here, or we should take
the approach I took in my testimony:  FERC should encourage the state to
provide rate protection for selected customer classes by putting those
requirements up for bid (ie get the utility out of the commodity business as
much as possible).
Finally, on governence issues we should argue for a narrowe role for the ISO
as a way of diffusing the emotional governence debate.  Analogy:  if the ISO
is simply the air traffic controller all parties will simply be interested in
retaining the most technically competent people (not hiring or appointing
their lackies or friends).  So long as the ISO has a role in setting prices,
acquiring supplies or running the market, it is destined to be controversial
and highly politicized.  Those functions should be left to the market.

	Mary Hain@ECT
	11/10/2000 11:13 AM

		 To: Steven J Kean/NA/Enron@Enron, Harry Kingerski/NA/Enron@Enron
		 cc:
		 Subject: Comments on FERC November 1 order

---------------------- Forwarded by Mary Hain/HOU/ECT on 11/10/2000 09:20 AM
---------------------------
________________________

To: Christian Yoder/HOU/ECT@ECT, steve.c.hall@enron.com, Richard Sanders,
Susan J Mara/SFO/EES@EES, Mona L Petrochko/NA/Enron@Enron,
jdasovic@ees.enron.com, Paul Kaufman/PDX/ECT@ECT, James D
Steffes/NA/Enron@Enron, Joe Hartsoe@Enron, Sarah Novosel/Corp/Enron@ENRON,
James E Keller/HOU/EES@EES, Mike D Smith/HOU/EES@EES, Harry
Kingerski/HOU/EES@EES, Dennis Benevides, Tim Belden/HOU/ECT@ECT, Robert
Badeer/HOU/ECT@ECT, Jeff Richter/HOU/ECT@ECT, Alan Comnes/PDX/ECT@ECT, Steve
Kean, Richard Shapiro, Tim Heizenrader/PDX/ECT@ECT
cc: carrrn@bracepatt.com, dwatkiss@bracepatt.com
From: Mary Hain/HOU/ECT
Date: 11/09/2000 05:19:03 PM
Subject: Comments on FERC November 1 order

For purposes of our discussions, Alan and I have put together an outline of
issues raised in the FERC meeting today that we might consider putting in our
comments to FERC.  Our written comments would also include the issues we have
already raised in our white paper and our oral comments at FERC.  Of course
to the extent we have discussed things in our white paper we could simply
cite the paper.  Given the potentially long list of issues to be addressed, I
haved left a voice mail asking Seabron if he is available to help Alan.


To Gallery Friends and Colleagues:

Effective immediately, my email address has changed. My new address is:

hkh@michaelrosenfeldart.com

Thank you,

halley k harrisburg, Director
Michael Rosenfeld Gallery
24 West 57 Street
New York, NY  10019
(212) 247-0082 tel
(212) 247-0402 fax


What is your issue sir?
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)


We have received the executed EEI Master Power Purchase and Sale Agreement
dated 1/26/01 from the referenced CP.  Copies will be distributed to Legal
and Credit.


Andy

I attach a revised draft of the Agreement, taking into account your most
recent comments. The changes are marked.

I have also introduced a Change in Control clause.

Many thanks

Justin


Call up this address--this is a very moving tribute to the WTC & Pentagon event:  politicsandpotest.org.    Sheila


When: Thursday, January 31, 2002 12:00 PM-1:00 PM (GMT-06:00) Central Time (US & Canada).

*~*~*~*~*~*~*~*~*~*


I can't believe with such a wonderful bandwidth trading agreement that we
have, not to mention the lovely people we work with, that ISDAs are your
first love.  As far as what THAT paralegal has to say, it seems to me that
SOMEONE is getting scared that the new kids on the block might reach a
monumental number of signed masters before her group does.  Anyway, she
should not be worrying about the execution numbers, but should be concerned
with giving attention to her "special projects", whatever they might be!

Marie Heard
Senior Legal Specialist
Enron Broadband Services
Phone:  (713) 853-3907
Fax:  (713) 646-8537
Marie_Heard@Enron.net

	Tanya Rohauer@ECT
	09/12/00 06:10 PM

		 To: Tana Jones/HOU/ECT@ECT
		 cc: Marie Heard/Enron Communications@Enron Communications
		 Subject: Re: Undue Influence

My compensation is directly affected by the success of EBS - go figure!  To
be fair, I am also facilitating a significant number of ISDAs which of course
are my first love.  If you are looking for unbiased, Bill may be your best
bet as he is probably indifferent between ENA, EPMI, EBS, EES, etc as his
compensation is affected by all of them!!

From: Tana Jones on 09/12/2000 06:00 PM
To: Tanya Rohauer/HOU/ECT@ECT
cc: Marie Heard/Enron Communications@Enron Communications
Subject: Undue Influence

I could not believe my ears when I heard from Ms. Heard that you are working
covertly behind the scenes to ensure a Broadband win to the signed master
competition.   I would think that Credit would have no biased interest in the
outcome of this race.  Could such slanderous allegations be true?


yes
 -----Original Message-----
From: 	"Subscription Confirmation" <yes@c.postmasterdirect.com>@ENRON [mailto:IMCEANOTES-+22Subscription+20Confirmation+22+20+3Cyes+40c+2Epostmasterdirect+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Saturday, May 19, 2001 1:15 AM
To:	pmims@enron.com
Subject:	Following up - please reply to confirm! [pmims@enron.com/6484]

* This is the LAST confirmation we will send, please REPLY to confirm! *

We received a subscription request for MailBear Special Deal
Newsletters several days ago.  We sent a confirmation email to
you immediately afterwards, but have not received a reply to that message.

If you wish to receive the requested free email from us, simply REPLY to
this message and we'll activate your account immediately!

If you did not submit a subscription request several days ago, it is
possible that someone is trying to subscribe you without your permission.
In that case, you do not need to reply, and this will be the last note
you'll get from us.

Thanks for your participation and we hope to serve you soon!

Just reply to validate your subscription request!

Your friends at MailBear

** pmims@enron.com


Jane,

As the lead on both the tariff issues as well as mega status, please provide
me with the list of regulatory issues for discussion at this meeting.  Since
I am in Houston, I may want to personally discuss these with you in early
January.

Vrinda/Kelly,

Please do the same with respect to the PR issues.  Perhaps, early Jan maybe a
good time for me to get this list, so that I can discuss the same.

I will need the same to prepare the agenda and have the team prepare for the
meeting.

Ranabir/Rahul,

Mohan will be the lead on the finance side on the mega status, and my team is
already involving him in our discussions.  Would you like to have him prepare
a small list of finance issues ?

Sandeep (Katwala),

Please let me know of key things on the legal side for discussion.  You can
update the group on the CERC forming Act.  Please jot me a small note on the
legal  issues list when you get the message.

Also, I need to know who is likely to be on the ground from the regulatory
side.

Terry & Steven - Are you both going to be in town ?

Regards,
Sandeep.

Jane Wilson
12/27/99 10:46 PM
To: Wade Cline/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Vrinda
Walavalkar/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sandeep
Kohli/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Terence H
Thorn/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Anshuman
Srivastav/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rajeesh Sivaraman, Rahul
Basu/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Ranabir
Dutt/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sandeep
Katwala/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Neil McGregor@ECT, Kelly
Kimberly/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Steven J Kean@EES
Subject: Dabhol Strategy Meeting

Please calendar a Dabhol strategy meeting on January 12, beginning at 9:00
a.m. to discuss, as a team/working group the strategy to attain megaproject
status and strategy with regard to the Dabhol tariff.  Details as to the
location of the meeting will be sent to you later (but it'll probably be the
Oberoi).


Gerald, could you kindly take a quick look over this so that I can return it for execution.

Thanks
Rudwell
53596.

-----Original Message-----
From: Hasler Fred [mailto:FHasler@br-inc.com]
Sent: Wednesday, September 19, 2001 6:51 AM
To: Johnson, Rudwell
Subject: RE: Burlington Guaranty

Rudwell:  Please check the finished product and enter information where appropriate and E-mail back and I will get it executed.  Call if you
have any questions.

-----Original Message-----
From: Johnson, Rudwell [mailto:Rudwell.Johnson@ENRON.com]
Sent: Monday, September 10, 2001 11:26 AM
To: Hasler Fred
Cc: Blanchard, Georgia
Subject: FW: Burlington Guaranty

Fred!

The attached document reflects the comments of my legal group to the
guaranty language provided on behalf of Burlington Resource Trading,
Inc.  He was unable to redline the document, however his comments are
incorporated in the attachment.

As discussed we are interested in a $1.5MM guaranty to cover our 60 days
receivables.  If you have any questions please feel free to contact me.

Rudwell
713 345-3596.

>  -----Original Message-----
> From: 	Nemec, Gerald
> Sent:	Wednesday, September  5, 2001 6:21 PM
> To:	Johnson, Rudwell
> Subject:	Burlington Guaranty
>
> Attached is the Burlington guaranty with my comments.  I was unable to
> redline the doc.  Computer problems.  I am forwarding the clean
> version.  Hopefully Burlington can redline against the draft they
> sent.
>
>  <<Burlington.doc>>

**********************************************************************
This e-mail is the property of Enron Corp. and/or its relevant affiliate and may contain confidential and privileged material for the sole
use of the intended recipient (s). Any review, use, distribution or disclosure by others is strictly prohibited. If you are not the intended
recipient (or authorized to receive for the recipient), please contact the sender or reply to Enron Corp. at
enron.messaging.administration@enron.com and delete all copies of the message. This e-mail (and any attachments hereto) are not intended to
be an offer (or an acceptance) and do not create or evidence a binding and enforceable contract between Enron Corp. (or any of its
affiliates) and the intended recipient or any other party, and may not be relied on by anyone as the basis of a contract by estoppel or
otherwise. Thank you.
**********************************************************************


Start Date: 4/15/01; HourAhead hour: 20;  No ancillary schedules awarded.
Variances detected.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041520.txt

---- SC Trades Schedule ----
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/15/01
  TRADING_SC: SETC
  PNT_OF_INTRC: NP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 1
  DEAL_NO: 1

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 20 / Preferred: 113.16 / Final: 113.16)
  TRANS_TYPE: FINAL
  LOAD_ID: SDG1
  MKT_TYPE: 2
  TRANS_DATE: 4/15/01
  SC_ID: EPMI