-----Original Message-----
From: Landwehr, Susan M.
Sent: Monday, October 08, 2001 1:16 PM
To: Whitt, Mark
Cc: Tycholiz, Barry
Subject: FW: DWR Contracts

Mark--here's the article that I mentioned this morning.  Interesting stuff on the long term power contracts

-----Original Message-----
From: Dasovich, Jeff
Sent: Mon 10/8/2001 12:13 PM
To: Calger, Christopher F.; Belden, Tim; Richter, Jeff; Parquet, David; Steffes, James D.; Kean, Steven J.; Shapiro, Richard; Denne, Karen; Palmer, Mark A. (PR); Mara, Susan; Kaufman, Paul; Robertson, Linda; Landwehr, Susan M.; Badeer, Robert; Etringer, Michael
Cc:
Subject: FW: DWR Contracts

FYI.  Appears that the two sides may be crawling toward renegotiation.

Best,
Jeff

Battle lines drawn over long-term power deals
SD Union Tribune, 10.07.01
In a perverse sign that normalcy is returning, the state's power crisis roared back to life last week with the California Public Utilities Commission as the focus.

This time the state utilities commission pulled off a feat few could have anticipated, even from a long-running crisis that has caused blackouts and soaring electricity costs.

In a span of three hours last week, the five-member panel went from being applauded by consumer groups and blasted by industry interests to being vilified by consumer advocates and applauded by business.

Consumer advocates celebrated when the PUC refused to rubber stamp state-negotiated long-term power contracts, a move the governor said stalled the $12.5 billion bond offering needed to cover past power purchases.

But business leaders and the governor cheered the PUC for approving a $3.3 billion rescue of Southern California Edison, which consumer advocates criticized as an unauthorized bailout.

As massive as the Edison deal is, it may be less likely to affect customers of SDG&E than the second reality that emerged last week: Despite the PUC action on the contracts, Californians still face the burden of paying more than $40 billion over the next two decades for overpriced and possibly unneeded electricity.

Or maybe not.
While electricity providers continue to defend the long-term power contracts as fair and key to resolving the state's electricity crisis, consumer groups and others have launched a major offensive to get the contracts revised, renegotiated or canceled.

Critics argue that the deals were negotiated while the state's economy was reeling, blackouts were striking and federal regulators were insisting that the state had to tie up the bulk of its electricity needs through long-term deals.

Duress alleged
Consumer advocates say the long-term contracts bind California to power purchases at more than double current market prices and force the state to buy power it does not need.

"We should not be stuck with these agreements because conditions have changed so dramatically," said Bill Ahern, a senior analyst with Consumers Union, the publisher of Consumer Reports magazine. "We did these agreements under duress, and it is better for the generators and us to negotiate what all believe is a good deal."

Ahern also said an investigation of possible conflicts of interest for at least one member of the state team that negotiated the contracts could lead to their invalidation.

Michael Shames, executive director of the Utility Consumers' Action Network in San Diego, notes that much of the power to be delivered under the agreements will come from new plants yet to be built in California.

"The state has the ability through the siting process to modify those contracts," Shames said. The motivation to do so could grow soon, he added.

"Especially in an election year, the question will be whether elected officials and the public will tolerate the (cost) of these contracts," Shames said.

Shames noted that the Federal Energy Regulatory Commission pressed California to lock up much of its power under long-term contracts, because it argued that excessive reliance on short-term purchases was a major contributor to the power crisis.

Now it appears the cost of that solution could exceed the cost of the short-term crisis, Shames said.
Beyond the growing political pressure, San Diego attorney Michael Aguirre is arguing in appellate court that Gov. Gray Davis overstepped his legal authority by declaring an emergency and signing the long-term agreements in the first place.

He says California's electricity deals violate state law regarding purchasing practices.
"To circumvent that law by calling it an emergency does not pass legal muster," said Aguirre, who is suing electricity providers for overcharging. "There were other means to manage the emergency."

The PUC also says the state locked itself into too much power for too long a period.
"First and foremost, we should try to renegotiate, try to get shorter terms," said Gary Cohen, general counsel for the PUC.

Willingness to deal
At least two major suppliers have indicated a willingness to discuss the matter, Cohen said. The PUC also will continue to press for changes to the agreements with FERC.

The federal commission regulates wholesale power markets and is legally mandated to ensure prices are "just and reasonable." FERC is considering refunds for prices paid by California in spot power markets during the crisis.

Cohen argues that if spot prices are subject to refunds, long-term contracts should be subject to similar relief. The PUC has made several filings pressing this point, but has received no response from FERC.

For his part, the governor declines to call for renegotiation of the contracts.
"In order to renegotiate we would have to have the generator come to us, and they have not done so," said Steve Maviglio, the governor's spokesman. "We would be pleased to sit down and renegotiate. But we have not been approached by anyone."

Some experts believe Davis wants to break the contracts more than he is willing to say, but he must maintain credibility with the providers with whom he signed agreements. The same people speculate that the governor, who blasted the PUC last week for failing to help implement the agreements, may have privately welcomed the commission's action as a step toward revising the agreements.

Power providers, meanwhile, continue to support the agreements.
"The contracts are good for the state and helped stabilize the market," said William Highlander, director of public relations for Calpine Corp.

The San Jose company is the largest provider under the controversial agreements, with some $13 billion in contracts. Calpine hopes to provide much of that power from new plants it is building within California.

Sempra says contract fair
The company has not been approached by the state to revise its agreements, said Highlander, and he declined to say how Calpine would respond to such an overture.

San Diego-based Sempra Energy, another major provider under the agreements, also insists its contracts provide power at fair rates to the state.

Michael Niggli, president of Sempra Energy Resources, said his company will provide power for about 4 to 5 cents per kilowatt hour, based upon current natural gas prices.

"It's pretty tough to say, 'Let's renegotiate the lowest price contract,' " Niggli said.
But V. John White, director of the Center for Energy Efficiency and Renewable Technologies, said Sempra's contract and others lock the state into power that consumers are unlikely to need, and too much of the electricity comes from non-renewable sources.

White says state consumers are being held hostage by some unnecessary posturing.
"There are indications from several generators that a call to renegotiate would be responded to," White said. "The generators say nobody asked us. The governor says nobody has volunteered.

"But the opportunity is there at this moment to renegotiate. Why don't we ask?"
*****************************************************************
State authority buying more power for 2002
Critics say it's too costly, perhaps unnecessary and may be sold off later at a loss
OC Register, 10.07.01
SACRAMENTO -- California's new power agency is rushing to buy more electricity for next summer, even as the state has come under fire for buying too much costly power and then having to sell it at bargain prices.

Moreover, another state agency says the state will have enough power - because of existing contracts and conservation - to get through the hottest of summers next year.

The new power purchases, which are being negotiated by the California Public Power and Financing Authority, could add as much as 3,000 megawatts of power to California - enough for about 2.3 million homes - by June. That would be in addition to the existing $43 billion in long-term agreements the state has already inked with power generators.

Many observers - even those supportive of the power authority's goal to increase cleaner, alternative energy sources in the state - are balking at the agency's rapid pace, saying consumers will end up paying more in the long run.

"We're dumping power and (authority Chairman) David Freeman is buying more power. What's up with that? It's absolutely ludicrous,'' said Harry Snyder, executive director of Consumers' Union, which publishes Consumer Reports.

A draft report by the California Energy Commission shows the state already has plenty of power for next year.
Without the extra power being negotiated by the power authority, even in a very hot summer, the state would have about 6,000 extra megawatts during peak periods, when it needs 63,800 megawatts, about a 9 percent cushion. That is if all power plants came online as expected and residents continued to conserve as they are.

In a normal summer, such as this year's, the state would have 10,000 extra megawatts above the average 59,000 megawatts it needs, roughly a 17 percent surplus.

Power authority officials counter that those surplus figures are estimates that depend on people conserving at the rate they did this summer. "The more we own of our own supply, the more we can control the market,'' said state Treasurer Phil Angelides, an authority board member.

Said Freeman: "We are thinking our way through what we should do for next summer. That why we get paid the big bucks."
New contracts would increase 'green' power
In addition, at least one-third of the new energy the power authority is trying to buy - 1,000 megawatts - would come from solar, wind and other renewable energy providers, officials said.

Such generators were left out when the state signed its initial round of contracts. Bringing on 1,000 more megawatts would increase the portion of the state's energy derived from renewable resources to 13 percent. The long-term goal is 17 percent.

The remaining power purchased under the new contracts, perhaps 2,000 megawatts, would be from so-called "peaker'' plants - less efficient jet-engine-like generators that are turned on only during emergency shortages.

The emphasis on these natural gas plants irks many environmentalists, but proponents of them say these would be a new generation of gas peakers. While not preferable to conventional generating plants, they would pollute less than the peakers currently being pressed into service. If California can build new, more efficient ones, it can retire the old polluting ones, the argument goes.

Nonetheless, critics fear the state, rushing into new negotiations, will leave ratepayers with more expensive power contracts. They note that the authority hasn't completed an assessment on exactly how much power it really needs and what it wants for the state's power portfolio. That assessment won't be done until February.

"I hope they have a basis on which they've determined they need those (3,000) megawatts of contracts,'' said Lenny Goldberg, a lobbyist for The Utility Reform Network, a consumer watchdog group.

Businesses worry new pacts will hurt them
Even the state's businesses are critical.
They believe that the more expensive long-term power there is under state contract, the less likely lawmakers are to businesses go into the open market to buy the cheaper electricity they think they can get there.

Lawmakers, they believe, will want to force businesses to continue to buy power under the contracts they've negotiated because if the businesses were allowed to pull out, residential customers alone would be left paying the higher prices that those contracts dictate.

Lawmakers are reluctant to put any more burdens on the average consumer, who they feel are the unintended victims of a severely flawed deregulation system.

"I would just as soon not see them negotiate any more contracts,'' said Jack Stewart, president of the California Manufacturers and Technology Association.

The state power authority was signed into law in May to build its own plants, help others finance them and compete with the private power companies. Leading the $5 million-a-year agency is Freeman, the former head of the Los Angeles Department of Water and Power and one of Davis' closest advisers during the energy crisis.

The Legislature's auditors are casting a critical eye at the power authority and will hold hearings next month.
"It's not an investigation,'' said Assemblyman Fred Keeley, D-Felton, chairman of the Joint Legislative Audit Committee. But "it's appropriate early and often to review their work in a public venue and have them held accountable for compliance of the law.''

Keeley's committee is looking into the planned purchases and he said he could not yet conclude whether the power authority's actions could help or hurt the state.

Freeman said onlookers have been too quick to criticize the state's work.
"The plain truth is we had blackouts last winter. We did what we could. We kept the rates stable and lights on,'' Freeman said. "Criticism is real easy with the benefit of 20/20 hindsight.''


Please terminate the following CNG contracts effective 6/30/2000.  For June,
we released this capacity to Energy Express.  Boston Gas recalled this
capacity effective 6/30/2000.  I changed the deal tickets in Sitara.

k#
560104
5A2529


Louise,

Please find attached the attached update of all potential transactions and relevant P&L associated with Upstream Products and BHLP.

Quick updates by group :

Storage : I am having a phone call with Dave Neubauer, V.P. ETS, to discuss Northern's monetization of their gas.  In addition, Skadden Arps because of their workload associated with representating El Paso in California has delayed our meeting for another two weeks.  I have expressed my extreme displeasure and am seeking other appropriate legal firms who are well versed in regulatory affairs to advise us on the our storage monetization structure.  Paul continues to get very positive feedback from clients.  We can not move forward without addressing the regulatory risk related to our financing structure.  Steffes is aware of my frustration.
Compression -  Moving forward on pricing from EES. Oakhill and Baygas still look promising to close this quarter.  Chris met with Duke and after the meeting, decided that Baygas could not be closed until third quarter.  Received an email from Goodpasture that cc'd Prentiss - have not had time to address it.  Will do so tomorrow.
Wellhead Desk - moved to 32. P&L is lower due to "system issues" between TAGG and Sitara for the booking of some wellhead transactions.
Ecommerce -  had a successful meeting with Apache.  Still waiting on the Andex VPP to close.  Thompson has been on vacation or has been sick.
Production Offshore -  I am continuing to work with Tom to reallocate employees and associated responsibilities.  I have not received any word from John regarding who will take on the P&L responsibility associated with MEGS/Pluto.  In my mind, it should be under Allan Keel, ECR, since he is working on the restructure/sale of Mariner. Tom will inform me tomorrow of his decision to stay within ENA or to go to EGM.

I also met with the Origination Regional heads (Luce, Vickers and Tycholiz) and shared with them a modified version of the "Hot List Update" worksheet.  I am trying to work with them to develop joint product / general origination opportunities.  I have not been given any feedback regarding the deals or customers listed.

An update on Bridgeline :

Randy Curry visited with me this past week.  He would like to hire some individuals into Bridgeline and it is his understanding that the "Board resolved" to hire new employees through Enron's benefit plan.  I do not like this type of exposure for the company.  Enron takes on all the benefit and hiring risk, but does not manage the human capital.  In my mind, Randy has dragged his feet on implementing a benefits plan and hiring appropriate human resources.  In addition, I am extremely annoyed that he will not sign the Compensation Plan because it nullifies his Texaco contract.  Randy gets the best of both worlds - to be a Bridgeline or Texaco employee contingent on the situation.

I have tried contacting Robyn Davis, Texaco board member, and we have been playing phone tag.  In addition, I have met with Jeanie Slone and am meeting with David Oxley tomorrow to discuss the overall BHLP situation.

Regards, Mrha


----- Forwarded by Richard B Sanders/HOU/ECT on 06/11/2001 10:51 AM -----

	"Fergus, Gary S." <GFergus@brobeck.com>
	05/23/2001 07:05 PM

		 To: "Richard B. Sanders Esq. (E-mail)" <richard.b.sanders@enron.com>
		 cc:
		 Subject: FW: IMPORTANT - READ NOW

FYI
Thanks
Gary

-----Original Message-----
From: Fergus, Gary S.
Sent: Tuesday, May 08, 2001 1:34 PM
To: Andy Pickens (E-mail); Barrett H. Reasoner (E-mail); David J. Noonan
(E-mail); Jean Frizzell (E-mail); Michael L. Kirby (E-mail); Michael
Molland; Mike D. Smith (E-mail); Peter Meringolo; Richard B. Sanders
Esq. (E-mail); Robert C. Williams (E-mail); Susan Bisop (E-mail)
Subject: FW: IMPORTANT - READ NOW

FYI
Thanks
Gary

-----Original Message-----
From: Tim.Belden@enron.com [mailto:Tim.Belden@enron.com]
Sent: Friday, December 22, 2000 4:42 PM
To: Portland.West.Desk@enron.com
Cc: Dan.Dietrich@enron.com
Subject: IMPORTANT - READ NOW

The purpose of this message is to update employees on the
status of the California Attorney General's order regarding the
preservation
of business information.  Please NOTE THE IMPORTANT POLICIES DESCRIBED
BELOW.

We have negotiated procedures with the
California Attorney General's office allowing each of you to manage your
email and hard drive capacity while still preserving business information.

Starting today, please implement the
following business information retention policies:

(1) PERSONAL EMAIL: can be kept, discarded,
etc. at will.

(2) BUSINESS EMAIL: do not delete any
business email sent or received for 24 hours.  This 24 hour delay will
allow
the network to save a backup copy of the email.  After 24 hours, BUSINESS
EMAIL may be kept, discarded, etc. at will.

(3) WORD PROCESSING FILES OR FILE FRAGMENTS:
do not delete any SAVED FILE or any FILE FRAGMENT.  This policy covers any
FILE or FILE FRAGMENT that you have saved on your hard disk or the network.

(4) DATABASES: do not delete any information
in DATABASES.

(5) EXCEL SPREADSHEETS: do not delete any
information in EXCEL SPREADSHEETS.

(6) CALENDARS OR SCHEDULING PROGRAMS: do not
delete any information.

(7) OTHER ELECTRONIC DATA: do not delete any
OTHER ELECTRONIC DATA.

(8) HARD DRIVE CAPACITY: in the event that
you run out of disk space on your personal computer, you may copy files to
the network (where they will be backed up), then delete the files from your
personal computer to create the work space you need.  DO NOT DELETE ANY
FILE
BEFORE YOU HAVE COPIED IT TO THE NETWORK.

In our negotiations we have discovered no
reason to believe that Enron has been singled out for investigation by the
Attorney General.  We will update you as we learn more.

Please respond promptly to this notice via
email an e-mail to me.  Your email should state that you understand and
intend to comply
with the important business information retention policies stated above.

Thanks for your help in this matter.

Tim Belden

=======================================================
This email message is for the sole use of the intended recipient(s) and may
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To reply to our email administrator directly, send an email to
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Jeff,

Per your request, below is the value of the deal, based on MID prices as of Friday, June 28.  We have also estimated the Bid/Offer costs at $30 million based upon several quotes we received last year.

Let me know if you have any questions.

Regards,

Eric

<Embedded Picture (Metafile)>


Haven't checked my calendar, but I plan to come.  Been WAY too long.

Best,
Jeff

	Kari Ontko <kontko@home.com>
	06/03/2001 05:28 PM
	Please respond to kontko

		 To: jeff dasovich <jdasovic@enron.com>, laura newman
<LNewmanSciarrino@elanpharma.com>, lori hom <lhom@hotmail.com>, pat scatena
<pat_scatena@ccm.sc.intel.com>, michael spear <virgo57@webtv.net>, carl
hedleston <chedleston@home.com>, madeleine todd <madeleinet@earthlink.net>,
alice grubb <agrubb@calnurses.org>, nora mcgee <mcgee.nora@epamail.epa.gov>,
jeff walker <jlwalker@hotmail.com>, luis pine <padysplace@aol.com>
		 cc:
		 Subject: It's time for a BBQ!

Hello all, I am having a bbq on Saturday, June 23 at 5:00. It is byob
your own something to barbecue. It is the weekend of the Sonoma County
Fair so those who want to - we can go check out the fair after. Please
respond. Hope everyone will be around it will be great to see
everyone.   kari

ps I galloped Oscar around the trails today and he was very happy. He
thinks he has died and gone to horse heaven! Everyone has to come and
visit him and we can gallop around the trails.


Dale - Marketing approves the addition of the Central Pool POI # 58649 to
Conoco's FT contract # 20835 as an alternate delivery point for the remainder
of the contract term.

Lorraine


_______________________________________________________________

This message and any attachments are intended for the individual or entity
named above.  If you are not the intended recipient, please do not read,
copy, use or disclose this communication to others; also please notify the
sender by replying to this message, and then delete it from your system.
Thank you.
_______________________________________________________________

Here are my comments on the draft received earlier today: (1) Sect. 1.9.
The second to last sentence in the definition of Cumulative Net Revenues
duplicates part (but not all) of the first sentence of Section 7.2 with
regard to what is included in Cumulative Net Revenue. (I don't believe the
language of Sect. 7.2 regarding the make-up of Cumulative Net Revenue is
intended to be only "for purposes of Section 7.1" as the wording of 7.2
suggests, so this could be confusing.) Perhaps the make-up of Cumulative
Net Revenue should be covered in just one place or, as an alternative, the
definition 1.9 could cross-reference 7.2. Also, the last sentence of 1.9 is
confusing. I believe this means the same thing as is stated expressly in
the last sentence of Sect. 7.2, i.e., "Cumulative Net Revenues includes
uncollectable accounts receivable for which Peoples has assumed credit risk
pursuant to Section 2.10." As I understand it, the second part of the
sentence means: "Cumumlative Net Revenues shall not be adjusted to reflect
revenues refunded in accordance with Section 3.3, unless the refund is
attributable to (see my comment below re use of the word "knowing")
application by MEH, without the knowledge or consent of Peoples, of a rate
which exceeds the maximum rate allowed under Peoples' applicable FERC
Tariffs." Perhaps we could state this more clearly in 1.9 or
cross-reference 7.2. (2) Sect. 3.3. I would delete part (i) if the last
sentence. It would be illegal and contrary to this Agreement for MEH (or
Peoples) to charge a rate above the maximum, so it seems inappropriate to
suggest that MEH can collect a fee for doing this. Also in this Section,
Part (ii) of the third sentence was modified to add the word "knowingly" to
describe the situation where MEH would be responsible to pay a refund.
Because this is not something MEH can legally do, it seems inappropriate to
have a provision addressing it. The Agreement can properly address the
responsibility for refund of an inadvertent overcharge, which is how I
interpreted this provision of 3.3 in the last draft. Perhaps we should just
make Peoples responsible for all refunds. Let me know what you think. (3)
Sect. 7.2. As indicated above, I am not sure that these provisions re
Cumulative Net Revenue are only "for purposes of Section 7.1". I would
suggest a clarification of how this works as indictaed in point 1 above.
Also, 6 lines from the end of 7.2, I think the reference to 7.2 (ii) is a
typo. I believe it's just 7.2.(4) Sect. 18.3. Do we want to include any
work related to the Governmental Approval as "ordinary course"? If so,
there is some suggested language in an e-mail I sent dated Aug. 28. It
suggests a revision to item (vi).


We're planning a slight revision to the exhibit numbers:

We're making the Comprehensive Settlement Document, including the "errata"
revisions, Ex.No.1.  I saw no point in offering the earlier version that had
errors.  This frees up Ex. No. 13, and we'll give that to Rick Counihan's
rebuttal (instead of #20) so we don't have to renumber anyone else's
rebuttal.  Also, Ex.No.19 will not exist:  since Powerspring is withdrawing
its testimony, Eric Nelson will not be serving rebuttal to it, which was
going to be No.19.

Hope this makes sense.  If anyone has a problem, please scream.

Brian Cherry is out for the rest of the afternoon on personal business, so
that's why this note is from me.  -- Glen Sullivan (619) 699-5162

> -----Original Message-----
> From: Cherry, Brian - TPBKC
> Sent: Thursday, May 18, 2000 8:27 AM
> To: Nelson, Eric B. - TPEBN; Cherry, Brian - TPBKC; 'AlexanMS@sce.com';
> 'paulamirault@aec.ca'; 'david.bayless@utility.com';
> 'Tomb@crossborderenergy.com'; 'Burkee@cts.com'; 'Craigc@calpine.com';
> 'Rick.Counihan@greenmountain.com'; 'Jdasovic@enron.com'; 'Mday@gmssr.com';
> 'bdingwall@unitedgas.com'; 'Douglass@arterhadden.com'; 'eke@aelaw.com';
> 'Jfawcet@enron.com'; 'rfoss@coral-energy.com'; 'plg@cpuc.ca.gov';
> 'johnj@bcjlaw.com'; 'Johnson_Pamela@lacoe.edu';
> 'karpjos@sf.whitecase.com'; 'jleslie@luce.com'; 'kmccrea@sablaw.com';
> 'jmpa@dynegy.com'; 'rmp@cpuc.ca.gov'; 'porterdk@sce.com';
> 'RochmanM@cubjpa.org'; 'RochmanM@spurr.org'; 'susan.scott@enron.com';
> Betonte, Robert - TP2RSB; Brill, Thomas R.; Follett, B. David - TPDBF;
> Harrigan, James P. - TP1JPH; Hay, James E.; Lorenz, Lad - TPLPL; McVay,
> Nancy W - TPNWM; Morrow, Rick - TP3RMM; Purves, Ralph A.; Sakarias, Wayne
> P.; Schavrien, Lee; Sullivan, Glen J.; Surak, Thomas M. - TP1TMS; Teeter,
> James S.; Van Lierop, Jan - TP2JXV; Watson, Steven - TP2SAW; Wright,
> Gillian - TP1GXW; Barker, David - TPDTB; 'How-Downing, Lindsey'; 'Jun,
> Christine'; 'Gileau, Pat'; 'Khoury, Dexter'; 'ack@aelaw.com'; Suwara, J.-
> TPJUS; Wright, Gillian - TP1GXW; Reed, William
> Subject: RE:  Exhibit List
>
>
>
>   For those of you trying to keep track of the exhibit lists
> in this case, here is the most recent update of the exhibit list for the
> Comprehensive Settlement Agreement.  For those preparing rebuttal, please
> identify your testimony as such for consistency purposes.  John
> Burkholder, who was originally identified as filing exhibit 19, will not
> be filing rebuttal.  Eric Nelson, who will be rebutting the testimony of
> Powerspring, will file as exhibit 19.
>
>   FILED EXHIBITS
>   Exhibit 1   Comprehensive Settlement Document
>   Exhibit 2   Lad Lorenz Testimony
>   Exhibit 3   Eric Nelson Testimony
>   Exhibit 4   Mark Pocta Testimony
>   Exhibit 5   Tom Beach Testimony
>   Exhibit 6   Jeff Dasovich Testimony
>   Exhibit 7   Rick Counihan Testimony
>   Exhibit 8   John Burkholder Testimony
>   Exhibit 9   Paul Amirault Testimony
>   Exhibit 10  Jeanne Zaiontz Testimony
>   Exhibit 11  Paul McKelvey Testimony
>   Exhibit 12  Jeff Fawcett Testimony
>   Exhibit 13  Errata to Comprehensive Settlement Document
>
>   NEW EXHIBITS
>   Exhibit 14  Rebuttal Testimony of Lad Lorenz
>   Exhibit 15  Rebuttal Testimony of Jeff Dasovich
>   Exhibit 16  Rebuttal Testimony of Paul Amirault
>   Exhibit 17  Rebuttal Testimony of Jeff Fawcett
>   Exhibit 18  Rebuttal Testimony of Tom Beach
>   Exhibit 19  Rebuttal Testimony of Eric Nelson
>   Exhibit 20  Rebuttal Testimony of Rick Counihan
>
>


We were thinking of having another interview session for the Trading Tract
later this month.   I've been screening outside resumes but internally we
haven't received many suggestions from each of you about other people already
at Enron.  If you think anyone could qualify send the name to Karen Buckley.
If we don't have enough candidates, we will wait until the new analysts and
associates arrive and do a session then.

Lavo


Hello All,

	I want to give you an update about where we are with January actualizations, and going forward.  Currently, charge type 523, a grid management charge, is proving very difficult to allocate given the limited information the CAISO is currently giving us.  If you want specific detail regarding this feel free to talk to myself or Caroline.  Our deadline has currently been the second week of this month to have through March completed.  Given where we are today, which is half-way through January, this deadline is probably unrealistic.  Further progress depends entirely on being able to reconfigure our tools to allocate this charge type.  It is unknown at this point how long that will take.  I plan to keep you up to date where we are so there are no surprises.  We will have a better idea in a few days when we will be finished.  Again, please talk to myself or Caroline should have any questions.

-Kit Blair


I'm trying to locate Matt right now to verify - but he has two identical
trades with TFS in his trade log. I'll let you know when I find out.

Stephanie Piwetz   02/23/2001 01:24 PM

To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Re: deal

Kate,

TFS just shows one trade with Matt motley, we have two entered 530551.01,
530557.01.
thanks

530263.01
Apb showed:  just ch cp to city of mcminnville > OKAY


Subject: FW: Americans - The following was supposedly written by a dentist in Australia.  In the event that isn't true, it's still a nice piece.

"You probably missed it in the rush of news last week, but there was actually a report that someone in Pakistan had published in a newspaper an offer of a reward to anyone who killed an American, any American.  So I just thought I would write to let them know what an American is, so they would know when they found one.

An American is English, or French, or Italian, Irish, German, Spanish, Polish, Russian or Greek. An American may also be Mexican, African, Indian, Chinese, Japanese, Australian, Iranian, Asian, or Arab, or Pakistani, or Afghan.  An American may also be a Cherokee, Osage, Blackfoot, Navaho, Apache, or one of the many other tribes known as native Americans.

An American is Christian, or he could be Jewish, or Buddhist, or Muslim.  In fact, there are more Muslims in America than in Afghanistan.  The only difference is that in America they are free to worship as each of them choose.  An American is also free to believe in no religion.  For that he will answer only to God, not to the government, or to armed thugs claiming to speak for the government and for God.

An American is from the most prosperous land in the history of the world. The root of that prosperity can be found in the Declaration of Independence, which recognizes the God given right of each man and woman to the pursuit of happiness.

An American is generous.  Americans have helped out just about every other nation in he world in their time of need.  When Afghanistan was overrun by the Soviet army 20 years ago, Americans came with arms and supplies to enable the people to win back their country.  As of the morning of September 11, Americans had given more than any other nation to the poor in Afghanistan.  The best products, the best books, the best music, the best food, the best athletes.

Americans welcome the best, but they also welcome the least. The national symbol of America welcomes your tired and your poor, the wretched refuse of your teeming shores, the homeless, tempest tossed.  These in fact are the people who built America.  Some of them were working in the Twin Towers on the morning of September 11, earning a better life for their families.

So you can try to kill an American if you must.  Hitler did.  So did General Tojo, and Stalin, and Mao Tse-Tung, and every bloodthirsty tyrant in the history of the world.  But, in doing so you would just be killing yourself.  Because Americans are not a particular people from a particular place.  They are the embodiment of the human spirit of freedom.  Everyone who holds to that spirit, everywhere, is an American.

So look around you.  You may find more Americans in your land than you thought were there.  One day they will rise up and overthrow the old, ignorant, tired tyrants that trouble too many lands. Then those lands, too, will join the community of free and prosperous nations.  And America will welcome them!

Pass this around the World!

Maggie Van Syckle
"Come out of darkness into the light through Christ Jesus."

  _____

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Send FREE video <http://rd.yahoo.com/mail_us/tag/?http://promo.yahoo.com/videomail/> emails in Yahoo! Mail <http://rd.yahoo.com/mail_us/tag/?http://mail.yahoo.com/>.


Hello Mark,

Justin Boyd told me that your can help me with questions regarding Chile.
We got a request for guest access through MG.
The company is called Escondida and is a subsidiary of BHP Australia.

Please advise if I can set up a guest account or not.
F.Y.I.: MG is planning to put a "in w/h Chile" contract for Copper on-line as
soon as Enron has done the due diligence for this country.
Thanks !

Best regards

Diana Seifert
EOL PCG


Cheryl Nelson, Senior Counsel, will be joining the EWS Legal Department on
December 4.  Cheryl will report to Mark Taylor and will be located in
EB3880D.  Please stop to welcome Cheryl to the department.

Janette Elbertson
Enron North America Corp.
Legal Department - EB3326
Telephone:  (713) 853-7906
Fax:  (713) 646-2600
janette.elbertson@enron.com


M O N D A Y   E X T R E M E   M A R K E T S
A complimentary service from INO.com ( http://www.ino.com/ )

Monday: The CRB Index has retreated 1.31 points to 214.62. The
US Dollar Index moved up 0.39 points to 115.32.

The Dow Industrials declined 21.80 points, at 10935.17, while
the S&P 500 slipped 3.10 points, last seen at 1263.51. The
Nasdaq Composite moved down 17.98 points to 2173.55.

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E X T R E M E   M A R K E T   C O M M E N T A R Y
_____________________________________________________________________

The STOCK INDEXES were lower on Monday in subdued trading as many
players remained on the sidelines ahead of this week's economic news.
Overall losses were limited due to gains in chip stocks. Both indexes
are at important crossroads as they are challenging April's highs.
Multiple closes above these resistance levels are needed to extend
this spring's rallies. At the same time, momentum indicators are
overbought warning bulls to use caution as short-term tops might be
in or near.

The Dow closed lower on Monday but near mid-range. Light support came
from drug and cyclical stocks. Gains in Caterpillar, Eastman Kodak
and IBM also provided support for the Dow. Momentum indicators remain
bullish signaling that a test of February's high crossing at
11,035.10 is still possible this month.

INTEREST RATES June bonds closed lower on Monday as they extended
last Friday's loss. Expectations are running at 80-90% that the Fed
will cut interest rates by another 50-basis-points at its May 15th
FOMC meeting following last week's larger-than-expected unemployment
report. Today's setback was no big surprise giving last Friday's poor
close. Nevertheless, last week's breakout above this spring's
downtrend line signals that a short-term bottom and trend change has
taken place. Momentum indicators remain bullish signaling that
sideways to higher prices near-term are possible. If June resumes
last week's rally the 50% retracement level crossing at 103-20 is a
potential target.

The CRB INDEX closed lower on Monday due to weakness in grains,
bellies and energies. Today's decline turned a number of momentum
indicators including stochastics bearish warning traders that last
week's high might have marked a double top with April's high. Closes
below 212.64 would open the door for a larger- degree decline during
May.

ENERGY MARKETS closed lower on Monday due to profit taking that was
triggered by comments made by President Bush who indicated his
concerns over high retail energy prices. Additional pressure came
from expectations that this week's API data will once again show
stocks rose last week. Retail gasoline prices are running at record
highs, eclipsing last June's levels amid a series of disruptions at
refineries that feed the gas-hungry U.S. market.

June crude oil closed lower on Monday and in doing so turned a number
of short-term momentum indicators neutral to bearish. Closes below
last week's low crossing at 27.37 would confirm that the short-term
trend has turned down. I would not be surprised to see a steady to
higher close on Tuesday due to light short covering. Resistance
begins at 29.40 then February's high crossing at 30.13.

June heating oil closed sharply lower on Monday but remains within
last week's trading range. Closes above 77.80 or below 73.10 are
needed to confirm a breakout of a two-week trading range and clear up
near-term direction in the market. Momentum indicators are neutral to
bearish hinting that sideways to lower prices near-term are possible.

June unleaded gas posted a key reversal down on Monday due to profit
taking after falling short of testing weekly resistance crossing at
109.60. Additional weakness on Tuesday is needed to confirm today's
bearish reversal pattern. However, it will take closes below
trendline support crossing near 103-25 before a top and trend change
can be confirmed. The weekly ADX (a trend-following indicator)
remains in a bullish trend mode signaling that we could see
additional gains this spring.

June Henry Hub natural gas plunged below key weekly support crossing
at 4.38 on Monday due to expectations that this week's AGA inventory
data will continue to show natural gas supplies building. Today's
plunge below key support crossing at 4.38 has opened the door for
additional weakness and a possible test of the 75% retracement level
of the 1999/2000 rally crossing at 3.625 later this spring. The
rising ADX signals that additional weakness during May is possible.

CURRENCIES The June Dollar closed higher on Monday and above April's
uptrend line crossing near 115.27. Additional gains on Tuesday would
increase the odds that last week's correction has come to an end.
Momentum indicators are neutral to bullish signaling that sideways to
higher prices near-term are possible.

The June Swiss Franc and D-mark closed lower on Monday as they
extended last week's narrow trading ranges. Closes above April's high
or low are needed to clear up near-term direction in both markets.
Momentum indicators remain bearish signaling that sideways to lower
prices near-term are possible.

The June Canadian Dollar closed sharply lower and below April's
uptrend line on Monday thereby confirming last Friday's key reversal
down and trendline breakout. With this spring's rally stalling out
near the 50% retracement level of this year's decline and Monday's
trendline breakout, the door is open for sideways to lower prices
during May. Momentum indicators have also turned bearish signaling
that additional weakness is possible. I would not be surprised to see
a lower opening on Tuesday but would not rule out a short covering
bounce.

The June Japanese Yen closed higher due to a late- session rally as
the market continues to challenge the upper boundary of this spring's
trading range crossing at .8327. Multiple closes above this
resistance level are needed to confirm a breakout and trend change.
Momentum indicators are bullish hinting that additional gains are
possible.

PRECIOUS METALS June gold closed steady on Monday as it remains above
April's uptrend line but below the long-term downtrend line crossing
near 269. Momentum indicators have become overbought warning traders
that June gold is at an important crossroads. Closes above or below
the aforementioned support/resistance levels are needed to clear up
near-term direction in the market.

July silver posted an inside day with a lower close as the market
fell short of testing the lower boundary of this spring's trading
range crossing at 4.31. Closes below 4.31 are needed to confirm a
trading range breakout and trend change. Momentum indicators are
bearish but nearing their respective overbought zones hinting that
this spring's trading range may remain intact for the time being.

July copper posted an inside day with a higher close due to light
short covering as it consolidated some of last Thursday and Friday's
losses. Closes below last Friday's low crossing at 78.00 would turn a
number of short-term momentum indicators bearish thereby increasing
the odds that a short-term top was posted last week.

GRAINS July corn posted a key reversal down on Monday as forecasts
for increased precip across the dry eastern Corn Belt and a quiet
export market weighed on prices. Trading is likely to remain subdued
ahead of Thursday's supply/demand report. This afternoon's planting
progress report showed that 58% of the U.S. corn crop is planted
compared with 74% a year ago and 52% for the five-year average. This
will likely add to the selling pressure on Tuesday, as planting delay
fears will have been reduced. July's inability to close above broken
support crossing at 2.11 underscores the weak tone surrounding the
corn market at this point in time.

July wheat closed sharply lower on Monday following widespread rains
that fell across portions of the Plains over the weekend. Today's
breakout below trendline support crossing near 2.71 fell short of
testing March's low of 2.65 1/2. Closes below this support level
would renew the long-term downtrend while setting the stage for a
possible test of weekly support crossing at 2.50 later this summer. I
would not be surprised to see a steady to higher close on Tuesday due
to short covering following today's late- session bounce. Today's
planting progress report showed that 35% of the spring wheat is
planted compared with the five-year average of 50%. The crop
conditions report for winter wheat showed that 26% is rated poor to
very poor, 33% is fair and 41% is rated good to excellent.

SOYBEAN COMPLEX July soybeans closed lower on Monday due to increased
chances for rain across the eastern Soybean Belt this week. July
soybeans continue to hold above broken trendline resistance as they
extended last week's trading range. However, upside potential appears
limited in the face of slowing export sales, burdensome carryout
levels and increased U.S. planted acreage this year. If the rally off
the late-April low resumes, this spring's high at 4.49 3/4 is July's
next target. Momentum indicators are bullish but nearing their
respective overbought zones hinting that a short-term top might be in
or near.

July soybean meal closed lower on Monday due to light profit taking
and spillover selling from soybeans and wheat. Today's mid-range
close leaves the door open for sideways to higher trading on Tuesday
as last week's rally opened the door for a possible test of March's
high crossing at 160.50 later this spring. Momentum indicators are
bullish but nearing their respective overbought zones warning bulls
to use caution.

LIVESTOCK June hogs posted a potential downside reversal on Monday
but held above the 2000-01 uptrend line crossing near 66.75. Multiple
closes below this support level would confirm a trendline breakout
while opening the door for a larger-degree decline this spring.
Weekly momentum indicators have turned bearish signaling that
additional weakness near-term is possible.

June cattle closed higher on Monday as it extended last Friday's
late-session short covering bounce. Signs of rising boxed-beef prices
triggered today's rally. However, gains were limited by expectations
for steady to $1.00 lower cash bids this week. Momentum indicators
are oversold and diverging following last week's test of January's
low. I would not be surprised to see additional short covering during
the first half of this week.

FOOD & FIBER July coffee resumed this spring's short covering rally
as traders continue to build in a modest weather premium as winter
approaches in Brazil. If this month's rally continues, March's high
at 71.70 is July's next target. Momentum indicators remain bullish
signaling that additional short-term gains are possible this week.

July cocoa closed modestly higher in narrow trading as it continues
to consolidate above this spring's lows crossing at 955. Closes above
1034 or below 955 are needed to clear up near-term direction in the
market.

July sugar closed lower on Monday due to profit taking hinting that
the market might have priced in all of the bullish export news from
Asia at this point in time. Momentum indicators are very overbought
and turning neutral to bearish hinting that a short-term top is in or
near. If the decline off last week's high continues, trendline
support crossing near 885 is July's next target. Closes below this
support level would confirm a short-term top has been posted. If the
rally continues, this year's high crossing at 941 is July's next
target.

July cotton closed slightly higher on Monday as it consolidates near
the bottom of this spring's trading range. Trading is likely to
remain subdued ahead of this week's supply/demand report. Favorable
moisture conditions across west Texas and the Delta along with
burdensome carryout levels continues to limit gains in both old and
new-crop cotton.

Daily Extreme Commentary is brought to you by GLOBALcharts,
INO.com's end-of-day charting software for Futures, Futures
Options and Optionable Stocks. http://www.globalcharts.com
Search the INO Store  - http://store.ino.com/
_____________________________________________________________________

T O P   N E W S
_____________________________________________________________________

STOCKS

Japan Stocks Review: Up 0.8%, little reaction to PM's speech
   http://news.ino.com/summary/?id=25255
US Equities Review: Lower in quiet, aimless trade
   http://news.ino.com/summary/?id=25254
UK Stocks Review: FTSE-100 bounces back despite US data hiccup
   http://news.ino.com/summary/?id=25261

FOREX

US FX Review: Dollar mixed; euro pressured by weak data
   http://news.ino.com/summary/?id=25257
Asia FX Review: Koizumi speech fails to set JPY direction
   http://news.ino.com/summary/?id=25262
Europe FX Review: Poor U.S. jobs data sends dollar reeling
   http://news.ino.com/summary/?id=25256

CREDIT

US Credit Review: Short end posts slim gains on rate cut hopes
   http://news.ino.com/summary/?id=25253
Europe Credit Review: US labor mkt weakness good news for bonds
   http://news.ino.com/summary/?id=25258
Japan Credit Review: Jun up but market lacks overall direction
   http://news.ino.com/summary/?id=25260

COMMODITIES

US Futures Summary: Energy takes a dive; coffee jumps
   http://news.ino.com/summary/?id=25259

EXCHANGES

CME Posts Record Open Interest On Second Busiest Day
   http://news.ino.com/press/?release=23558

____________________________________________________________________________

E X T R E M E   F U T U R E S
____________________________________________________________________________

Updated every 10 minutes around the clock.
More at http://quotes.ino.com/analysis/extremes/futures/

WINNERS

BDU1   Oriented Strand Board Sep 2001             224.60     10.00  +4.66
KCN1   Coffee 'C' Jul 2001                         68.75      2.70  +4.08
LBF2   Random Length Lumber Jan 2002              309.50      9.50  +3.17
DBV1   Butter Oct 2001                           190.000     5.000  +2.70
CCK1   Cocoa May 2001                               1034        22  +2.17
SEN1   Sugar #14 Domestic Jul 2001                 21.34      0.20  +0.95
NKH2   Nikkei 225 Stock Avg Mar 2002               14520       125  +0.87
HUF2   New York Harbor Unleaded Gasoline Jan 20    0.7750    0.0063  +0.82
HOH2   Heating Oil Mar 2002                         7580        58  +0.77
ERY0   FTSE Eurotop 100 Cash                      3286.3      21.8  +0.67

LOSERS

DJU1   Dow Jones Industrial Avg. Sep 2001         110200      -660  -5.95
NGM1   Henry Hub Natural Gas Jun 2001              4.230    -0.260  -5.79
PBQ1   Frozen Pork Bellies Aug 2001               78.050    -3.000  -3.70
PNV1   Propane Oct 2001                           0.5325   -0.0125  -2.29
HON1   Heating Oil Jul 2001                       0.7525   -0.0172  -2.23
XWZ1   Wheat Dec 2001                            295 1/2    -6 1/4  -2.09
HUM1   New York Harbor Unleaded Gasoline Jun 20    1.0630   -0.0213  -1.96
SMV1   Soybean Meal Oct 2001                       146.7      -2.9  -1.94
NDM1   NASDAQ 100 Index Jun 2001                 1903.00    -37.50  -1.93
CLM1   Light Sweet Crude Oil Jun 2001              27.77     -0.51  -1.80
____________________________________________________________________________

E X T R E M E   S T O C K S
____________________________________________________________________________

Updated every 10 minutes around the clock.
More at http://quotes.ino.com/analysis/extremes/stocks/

WINNERS

MGAMW  MULTIMEDIA GAMES WRRT'A'                     6.10      1.80  +41.38
LNOP   LANOPTICS LTD                               12.05      3.40  +39.31
BWE    BANCWEST CORP                               34.31      9.35  +37.43
PXCM   PROXICOM INC                                 7.44      1.78  +31.45
PYR    PYR ENERGY CORP                              6.73      1.48  +28.19
AMSC   AMER SUPERCONDUCTOR                         19.01      4.11  +27.40
NIS    NOVA CORP                                   29.05      5.73  +24.36
CRDS   CROSSROADS SYSTEMS                           8.55      1.63  +23.55
LSBC   LARGE SCALE BIOLOGY                          6.10      1.10  +22.00
ARRY   Array BioPharma                              6.45      1.14  +21.47

LOSERS

PRSF   PORTAL SOFTWARE INC                          5.93     -3.38  -36.42
HMNF   HMN FINANCIAL                               13.75        -5  -35.71
TMTA   TRANSMETA CORP                              11.17     -3.40  -23.34
MAXC   MAXCO INC                                    7.50     -1.43  -19.07
CANI   CARREKER CORP                               21.22     -4.83  -18.54
CRXL   Crucell N.V. ADS                             5.75     -1.27  -18.09
IVAC   INTEVAC INC                                  5.30     -0.83  -14.19
PMSI   PRIME MEDICAL SERVICES                       5.25     -0.82  -13.40
CTCI   CT COMMUNICATIONS                           13.00     -2.00  -13.33
KOSN   KOSAN BIOSCIENCES                            8.30     -1.24  -13.30

FREE MANAGED FUTURES & IRA RETIREMENT KIT
http://www.ino.com/specials/icm/
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T H A N K   Y O U
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NFL Reports, Player Updates

Latest NFL Player News

Martin Gramatica, K TB - Free Agent Updated 12/28/01
Gramatica has still not been ruled out for Saturday's game, although the Buccaneers have signed veteran kicker Doug Brien as insurance. Even if Gramatica can play, he will be a very risky Fantasy starter.

Warrick Dunn, RB TB - Martin Updated 12/28/01

Dunn's status is day to day with a toe injury. He is expected to play this week, but Mile Alstott has been the most productive back on the team in recent weeks.

Michael Westbrook, WR WAS - Free Agent Updated 12/28/01
Westbrook's status is day to day with a knee injury. He is expected to play this week.

MarTay Jenkins, WR ARI - Martin Updated 12/28/01
Jenkins may miss his second consecutive game with an ankle injury this week. Arnold Jackson would replace him as Arizona's third receiver.

Brian Finneran, WR ATL - Free Agent Updated 12/28/01
Finneran is listed as probable with a knee injury. He is expected to play this week.

Tyrone Davis, TE GB - Free Agent Updated 12/28/01
Davis has been elevated to the No. 2 tight end slot over rookie David Martin. He will see a considerable amount of playing time now that he is healthy, because Green Bay employs many double tight end sets in the red zone.

Oronde Gadsden, WR MIA - Matty Updated 12/28/01
Gadsden has been practicing this week and may be able to play. But his hamstring injury may limit his productivity.

Steve McNair, QB TEN - Free Agent Updated 12/28/01
McNair was limited in practice on Thursday. He is still expected to play this week, but he is a risky Fantasy starter because he will be less than 100 percent healthy.

Jimmy Smith
, WR JAC - Frank Updated 12/28/01
Smith (flu) has missed practice time this week. He is still expected to play.

Joe Horn, WR NO - Matty Updated 12/28/01
Horn suffered a minor shoulder injury in practice on Thursday. He is expected to start this week.

Aaron Shea, TE CLE - Free Agent Updated 12/28/01
Shea (shoulder) has been placed on injured reserve. O.J. Santiago will continue to be Cleveland's No. 1 tight end while he is out.

Jason Brookins, RB BAL - Tori Updated 12/28/01
Brookins has returned to practice and is listed as probable. But he still may not see any game action until Week 17.

Emmitt Smith, RB DAL - Bass/Hull Updated 12/28/01
Micahel Wiley may miss this week's game with a hip injury. Smith is expected to appear on third downs this week as well as assuming his normal workload.

James Thrash
, WR PHI - Frank Updated 12/28/01
Thrash (ankle) returned to practice on Thursday. he is expected to play this week.

Wesley Walls, TE CAR - Free Agent Updated 12/28/01
Walls missed practice on Thursday with a knee injury. He may be a gametime decision this week.

Maurice Smith, RB ATL - Frank Updated 12/28/01

A banged-up Smith Toe/knee)  will continue to start for the Falcons. But Dan Reeves has indicated Rodney Thomas will continue to get some work at halfback.

Bob Christian, RB ATL - Free Agent Updated 12/28/01
Christian is day to day with a calf injury. He is expected to play this week.

Stephen Davis, RB WAS - Bass/Hull Updated 12/28/01
Davis (knee) has returned to practice. He is expected to start this week.

Todd Bouman, QB MIN - Free Agent Updated 12/28/01
Bouman took a few snaps Thursday but didn't appear to meet coach Dennis Green's "full strength" criteria for starting against Green Bay.   Spergon Wynn is likely to start Sunday, though coaches didn't discuss the issue after Thursday's practice. Bouman didn't participate in the team's morning walk-through, when players work on plays without fully suiting up. And during the portion of the regular practice that reporters were allowed to watch, Wynn took more snaps than Bouman. A trainer said Wynn continued to take more snaps later in the closed portion of practice.

Jerome Bettis, RB PIT - Giggles Updated 12/28/01
Bettis, sidelined by a groin injury, returned to the practice field Thursday for the first time in a month. "Still questionable," coach Bill Cowher said. "He did more today. We'll see how he feels (Friday) and go from there. We'll take it day to day."

Doug Brien, K IND - Free Agent Updated 12/28/01
Brien signed a one-year contract Thursday night with the Tampa Bay Buccaneers, who will use him against Baltimore if Martin Gramatica can't kick this week. Gramatica strained his right hamstring during a 48-21 victory over the Saints last week. Coach Tony Dungy hasn't ruled him out for Saturday night's game against Baltimore, however the c!
lu!
b wanted to have a backup plan in case the Pro Bowl kicker isn't ready.

Ahman Green, RB GB - Hunter Updated 12/28/01
According to the Pro Football News and Injury Report, Green has asthma, but he has practiced fully this week and will start against the Vikings.

James Thrash, WR PHI - Frank Updated 12/27/01
Thrash is listed as questionable with an ankle injury, but he is expected to play against the Giants.

Patrick Jeffers
, WR CAR - Free Agent Updated 12/27/01
Jeffers may see some increased playing time this week because of Muhsin Muhammad's persistent toe problems. Isaac Byrd, however, still should start in Muhammad's place.

Sebastian Janikowski, K OAK - Matty Updated 12/27/01
Janikowski (groin) has been kicking in practice. He is expected to play this week.

Terrence Wilkins, WR IND - Free Agent Updated 12/27/01

Wilkins (hamstring) has returned to practice. He may be able to play this week.

Stephen Alexander, TE WAS - Free Agent Updated 12/27/01
Alexander (leg) was placed on injured reserve, officially ending his season. Walter Rasby will continue to start in his place, but Zeron Flemister has emerged as the team's best receiving tight end with Alexander out.

Matt Hasselbeck, QB SEA - Bass/Hull Updated 12/27/01
The Seattle Times
 says Hasselbeck's season might be over. Mike Holmgren said he would only use him in an emergency this week, and the Seahawks coach may elect to have Hasselbeck use the season's final two games to rest his injured shoulder. Trent Dilfer will start at San Diego this week.

Amos Zereoue, RB PIT - Free Agent Updated 12/27/01
Zereoue missed practice on Wednesday with a shoulder injury. He is listed as probable for this week.

Todd Bouman, QB MIN - Free Agent Updated 12/27/01

Bouman practiced without pads on Wednesday. If he cannot practice fully on Thursday, Spergon Wynn will get the start this week.

More Updates

Teams, Rosters

		Bass/Hull
Eric Bass

Player	TM
Pos	Status	Next	Bye	FA

Green, Trent	KC	QB	Active	@JAC	Week 10	100

Williams, Ricky	NO	RB	Active	WAS	Week 2	100

Davis, Stephen	WAS	RB	Active	@NO	Week 9	100

Moulds, Eric	BUF	WR	Active	@NYJ	Week 5	100

Boston, David	ARI	WR	Active	@CAR	Week 1	100

Brown, Troy	NE	WR	Active	bye	Week 16	100

Carney, John	NO	K	Active	WAS	Week 2	100

Buccaneers	TB	DT	Active	BAL	Week 2	100

Hasselbeck, Matt	SEA	QB	Reserve	@SD	Week 6	100

Jones, Thomas	ARI	RB	Reserve	@CAR	Week 1	100

Smith, Emmitt	DAL	RB	Reserve	SF	Week 6	100

Ismail, Qadry	BAL	WR	Reserve	@TB	Week 13	100

Dyson, Kevin	TEN	WR	Reserve	CLE	Week 3	100

Wilkins, Jeff	STL	K	Reserve	IND	Week 8	100

Total Active Players: 8
Total Reserve Players: 6

NFL Injuries for Bass/Hull

Updated	Player	Team	Pos	Injury
Expected Return

12/28/01	Davis, Stephen	WAS	RB	Knee	Expected to start

12/27/01	Hasselbeck, Matt	SEA	QB	Shoulder	Not expected to play this week and may miss the rest of the season

Copyright 2001 Commissioner.COM Inc and SportsLine.com Inc.
Your site can be reached from http://fantasy.sportsline.com

FB10SP


There is an article about the legal dept.
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)


I will arrive late tomorrow due to doctor appointment.  Should be here
between 10:30 / 11:00.

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


thought you'd be interested to hear Chad's perspective here.....

---------------------- Forwarded by Jeff Bartlett/HOU/ECT on 11/29/2000 05:04
PM ---------------------------

"Chad Muir" <chad@campuspipeline.com> on 11/29/2000 04:09:40 PM
To: Jeff.Bartlett@enron.com
cc:
Subject: Re: quick question

Just got off the phone with Kira.  She asked me what y'all do and I probably
butchered it, but she sounded interested (especially when I closed by saying
it
would be a business services, fee-based revenue stream - from what I know in
the industry, Yahoo's all about that these days, trying to find complements to
its existing largely ad-driven model for which they are getting pummeled).
She
said you should forward any information on to her at kira@yahoo-inc.com.  To
reach her by phone (I'd recommend handling initial contact through email and
then suggesting phone time, but your call), I don't have her direct number,
but
called the main Yahoo corporate number 408-731-3300, then used the dial by
name
directory - her last name is spelled Zahn, but you have to keep adding letters
from her first name (i went through K-I) before it will recognize it.  She and
her husband both were in law school with me and are very, very cool folks.  He
works at Silicon Valley Bank now.

Let me know if there's anything else I can do to help.

chad

Jeff.Bartlett@enron.com wrote:

> Thanks for the perspective on Yahoo - very helpful, especially since we
> don't have much (any) business history with them.
> I'll be looking at W's 600 appointments next week to see if your name is
> there along with Ken Lay's (that rumor knocked $5B market cap from us
> today)
> jb
>
> "Chad Muir" <chad@campuspipeline.com> on 11/29/2000 02:14:52 PM
>
> To:   Jeff.Bartlett@enron.com
> cc:
> Subject:  Re: quick question
>
> Yes, I do.  Two actually.  Drew Lanham and Kira Zann.  Rather than me
> putting
> stuff in an email about which of the two you should go through, call me
> when
> you can.  I'm at the house all day today 435-655-2939.  Tomorrow I'm at the
> office, but can be reached by cell 801-556-8490.  There's a definite
> difference
> between the two, but they both work together.
>
> By the way, sorry we missed you over T-day weekend - hope you had a good
> weekend in OU country, despite the close game...  Let's try to get together
> over New Year's if you'll be around.  We're in Dec. 29-Jan. 2.
>
> chad
>
> Jeff.Bartlett@enron.com wrote:
>
> > Do you have any Business Development contacts at Yahoo?   We are trying
> to
> > initiate some dialouge regarding strategic parters for our B2B
> > transactional platform initiatives.
> > I would be willing to offer several Diet Cokes while you here next month
> as
> > payment for such consulting services....
> > jb


Harib,

Attached is the latest update for the DPC project. A printed copy of project photos is being forwarded to you seperately. If you have any questions, please feel free to call me at 713 345-5855.

Best Regards,

Paul


Dear Nancy:
I am not resonsible for Prentice's failure to respond.  Please contact her at
415.752.2277.
Yours truly,
Jeff

And by all the notes your sending (jokes, 50s cook books, etc.), I assume
that you're still on vacation?  How was Mexico?

	Nancy Sellers <Nancy.Sellers@RobertMondavi.com>
	09/26/2000 05:04 PM

		 To: "'Prentice @ Berkeley'" <PSellers@haas.berkeley.edu>, "'Prentice
Sellers'" <PSellers@pacbell.net>
		 cc: "'Jeff Dasovich'" <Jeff_Dasovich@enron.com>
		 Subject: Please please answer me

I need to know about October 7 ASAP ---- or forget any gifts much less
lavish!

Nancy
(707) 251-4870 (phone)
(707) 265-5446 (fax)
"Plus je bois, mieux je chante"


A conference call has been set up for Tuesday, April 3 at 9:30 am Pacific,
11:30 am Central time to discuss California issues.  Conference room EB-4746
has been reserved for the Houston participants.  The number for the call will
be:

   1-888-285-4585
   Host Code (for Jim only) - 221648
   Participant Code (for everyone else) - 215984

If you have any questions regarding this call, please give me a call at
713-853-3226.

Thanks,
Marcia


---------------------- Forwarded by Kevin M Presto/HOU/ECT on 04/26/2001 10:00 AM ---------------------------

	Enron North America Corp.  From:  Employee and Community Services @ ENRON                           04/25/2001 10:55 PM

Sent by:	Enron Announcements@ENRON
To:	All Enron Houston
cc:
Subject:	Enron Astroworld Tickets

Enron announces UNLIMITED discounted AstroWorld tickets for employees.

Due to overwhelming employee feedback, we have negotiated unlimited discounted AstroWorld tickets for you and your family in place of the traditional "Enron Day At AstroWorld."  We hope this will allow Enron families to plan their fun-filled summer trips to AstroWorld at their own convenience.  Enron AstroWorld tickets are $20.56 (Retail $50), which includes admission for one, plus a $7 meal ticket to one of five restaurants at AstroWorld.

Six Flags AstroWorld is a world-class family entertainment complex filled with exciting rides and attractions, including 10 heart-pounding coasters, over  40 blockbuster shows, interactive street entertainers and star-studded concerts.  Enron families will be able to purchase unlimited tickets for use anytime during the 2001 season.

Tickets will be on sale at Enron's Federal Credit Union, EB0399.  Visit the credit union in person to make your purchases.  AstroWorld tickets will not be mailed.  Enron employees who are not already Enron FCU members may pay by cash or money order only.  All Enron Employees are encouraged to take advantage of this great summer fun deal and may purchase tickets through August 30th.


Torrey,

I added two columns to the right showing what the curve is now and what it should be.  We made some changes to the curve names to make them consistent.

Let me know if you need anything from me to make these changes.

Thanks

KK


Any processing is handled by Devon.  ENA is buying the residue gas at the
tailgate of the plant.

D

Rita Wynne
11/27/2000 11:39 AM
To: Mary Poorman/NA/Enron@Enron, Daren J Farmer/HOU/ECT@ECT
cc: Pat Clynes/Corp/Enron@ENRON
Subject: CES - Devon

Mary,

This is all the information that I have when Ami first looked at all the CES
information.  It does not mention a processing agreement, but that does not
mean that there isn't one.

Daren - do you know anything about a processing agreement for the Devon gas
at the Gulf Plains plant as it relates to the CES acquisition?


You would need to talk to Mike Moscosco.  I don't know, but perhaps they
don't change the report for a 1 month approval only.

	Steven J Ehrig@ENRON
	07/07/2000 01:36 PM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: NYMEX Limits Testing

SECOND REQUEST

Tana,

I was hoping that you could answer a question for me.

I have a copy of a NYMEX approval letter dated June 5, 2000 plus the
interoffice memorandum
detailing the increase of Henry Hub Natural Gas positions from 17,000 to
20,000.  They state that
this is in regards to the July ONLY contract.

However, the ECT generated report for Limits (the report Moscoso's group
creates) dated June 19, 2000
doesn't show this increase under the "Delivery Month Limit Amount" column for
July NG contracts.
In turn,  the red flag, "approaching limit", pops up on the 21st.  This is
b/c  the limit is still at 17,000 instead
of 20,000; the red flag probably wouldn't have popped up if the limit had
been raised.

Tell me your thoughts.

Thank you so much for all of your help.
If you have any questions please give me a call, x31684.

Sincerely,

Jack Ehrig


Brent:
Please handle this per my voice mail message

Carol St. Clair
EB 4539
713-853-3989 (phone)
713-646-3393 (fax)
281-382-1943 (cell phone)
8774545506 (pager)
281-890-8862 (home fax)
carol.st.clair@enron.com

 -----Original Message-----
From: 	Patel, Sheetal
Sent:	Monday, December  10, 2001 3:19 PM
To:	St. Clair, Carol
Cc:	Aronowitz, Alan; Breslau, Craig
Subject:	Need Approval to transact
Importance:	High

Carol/Alan:

Attached is a spreadsheet which contains details of the AirCanada deals we would like to unwind and receive payment.

We are unwinding a Dec01-Mar02 WTI calendar month average swap that we sold to AirCanada.
Rob Fuller's bid to unwind this deal is $18.97 and it is discounted at Libor-flat.

Please call if you have any questions.

Thanks,

Sheetal

Sheetal Patel
Enron North America
Senior Analyst
713-853-6740 office
713-408-6443 cellular


Hey Hunter,
A quick update.  Kevin Brady is up to speed on working with Colin and Chris on consolidating critical and noncritical notices for all the regions.  I have also passed on the idea of an operations page on the website to the other logistics managers and the central desk schedulers to get their ideas and insights on how to make this page beneficial to both the traders and schedulers.   A couple of ideas that have already been passed my way are:

	1) Incorporating the Gas Daily and Index historicals against production/storage by pipe so that we could project cash outs (Mark Schrab)
	2) A transportation rate matrix on the web site (Cora Pendergrass)
	3) Enron operations personnel contact page with phone numbers and pictures.  Much like the weather guys.  I laughed at first but Victor LaMadrid   		whom suggested this said that the East Desk Traders don't even know all of his schedulers.
	4) An easy access to the pipelines meters and dunns numbers. (Kevin Brady)
	5) Morning sheets updated with contract, constraint, and imbalance information from Sitara and Unify (Victor LaMadrid)

I have asked Kevin to consolidate all the ideas and then we can get together and decide which ones you want to place into production.

Lisa


Vasant,

I agree.

Vince

From: Vasant Shanbhogue/ENRON@enronXgate on 05/01/2001 10:00 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: RE: Resume

Vince,

 he seems to have mostly equity and fixed income background (and then some
credit exposure calculation) with not much credit data analysis experience.
I do not think he would be appropriate for Bryan's group -- he needs a person
who tracks market developments and understands fundamental data, and although
this guy may be good at modeling, we already have Iris and Amitava doing the
modeling and looking at data.  At this stage, I would prefer to hire somebody
with direct experience in credit analysis (banking, rating agency).  I am
worried that if we get another person without data analysis experience, then
Amitava will find himself with two people (Iris being the other one) who are
both inexperienced in this area, and he will find himself doing a lot of the
work anyway.
 If you want to pursue him, we should probably do a phone interview first.

Vasant

 -----Original Message-----
From:  Kaminski, Vince
Sent: Monday, April 30, 2001 5:33 PM
To: Shanbhogue, Vasant
Subject: RE: Resume

Vasant,

What do you think?  He may be expensive.

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/30/2001
05:31 PM ---------------------------

Marshall Brown <Marshall.Brown@robertwalters.com> on 04/25/2001 01:13:44 PM
To: Vince.J.Kaminski@enron.com
cc:
Subject: RE: Resume

Vince,
     I apologize, I sent you the wrong resume!  Here is the correct one.
 <<LITT_THO.DOC>>

Marshall Brown
Vice President
Robert Walters Associates
Phone #: 212-704-0596
Fax #:212-704-4312
marshall.brown@robertwalters.com
www.robertwalters.com

> -----Original Message-----
> From: Vince.J.Kaminski@enron.com [SMTP:Vince.J.Kaminski@enron.com]
> Sent: Wednesday, April 25, 2001 1:08 PM
> To: Marshall.Brown@robertwalters.com
> Subject: Re: Resume
>
>
> Marshall,
>
> He looks OK but below the level of quant skills I typically look for
>
> Vince
>
>
>
>
>
> Marshall Brown <Marshall.Brown@robertwalters.com> on 04/23/2001 09:33:00
> AM
>
> To:   Vince Kaminski <vkamins@ect.enron.com>
> cc:
> Subject:  Resume
>
>
> Vince,
>      I know this candidate is actively interviewing at El Paso and I think
> Reliant.  He has excellent quantitative background, but no real energy
> experience.  If you are interested in speaking with him let me know.
> Regards,
> Marshall Brown
> Vice President
> Robert Walters Associates
> Phone #: 212-704-0596
> Fax #:212-704-4312
> marshall.brown@robertwalters.com
> www.robertwalters.com
>
>
>  <<LITT_HAR.DOC>>
>
>
> **********************************************************************
> CAUTION: Electronic mail sent through the Internet is not secure and could
> be intercepted by a third party.
>
> This email and any files transmitted with it are confidential and
> intended solely for the use of the individual or entity to whom they
> are addressed. If you have received this email in error please notify
> the system manager.
>
> This footnote also confirms that this email message has been swept by
> MIMEsweeper for the presence of computer viruses.
>
> **********************************************************************
>
> (See attached file: LITT_HAR.DOC)
>
>  << File: LITT_HAR.DOC >>

 - LITT_THO.DOC << File: LITT_THO.DOC >>


Brenda - It would be best if you check with Marvia regarding my schedule
before scheduling a meeting.  I will be in a PRC meeting all afternoon on
Tuesday.
  Also - don't you think you should invite Sally as well?

12/04/2000 03:51 PM
Brenda Flores-Cuellar@ENRON
Brenda Flores-Cuellar@ENRON
Brenda Flores-Cuellar@ENRON
12/04/2000 03:51 PM
12/04/2000 03:51 PM
To: Thomas D Gros/NA/Enron@Enron, Susan Harrison/HOU/ECT@ECT, Mary
Solmonson/HOU/ECT@ECT, Douglas Fuehne/NA/Enron@ENRON
cc: Kristin Cantu/Corp/Enron@Enron, Marvia Jefferson/HOU/ECT@ECT, Maria
Sandoval/HOU/ECT@ECT
Subject: Mtg. 12/5 RE: Payment Module

There will be a meeting on Tuesday, Dec. 5th in EB 21C2 from 3:00pm -
4:00pm.  This will be a follow-up meeting to discuss the payment module.
Please plan to attend.  If there are any conflicts with the meeting time,
please contact me at x31914.

Thanks,
Brenda


Cara,

	Not a prob, the application wont look at the prod summary file unless you log in against PWRPRODN, so if you are logging against the test db's yer safe.. and for the summary to work it does require at least one previous summary detail in that excel file to work.. it uses that excel's defined macros and such to calculate the totals.. so doing a complete purge wouldnt do good.. do let me know if you have any questions about this.. be more than happy to help.
regards
Asem
x31700

 -----Original Message-----
From: 	Semperger, Cara
Sent:	Monday, August 13, 2001 03:24 PM
To:	Atta, Asem
Subject:	RE: Further Testing of PSW

Hi Asem;

O:\Portland\WestDesk\SCHEDULING\PhysicalAndBookoutSummary_v2_54_WESTPROD.xls
This is the right address.  I am reluctant to add data to the production model, as it will mess up my reports.  I might rename a test file with a strange date, and then purge it.

That should work, eh?

Thanks,

C
 -----Original Message-----
From: 	Atta, Asem
Sent:	Monday, August 13, 2001 1:20 PM
To:	Semperger, Cara
Cc:	Venkataswami, Vishwanatha; Smith, Will
Subject:	RE: Further Testing of PSW

Cara,

	Reason for the error is that the file it was looking for was titled PhysicalAndBookoutSummary_v2_54_WESTTestP.xls . Ive gone ahead and made changes to the application to read the file named as such. Since we're talking about locations of these summary files.. is the production report located at O:\Portland\WestDesk\SCHEDULING\PhysicalAndBookoutSummary_v2_54_WESTPROD.xls ? unfortunately i dont have access to the directories to find out for myself.

thanks
Asem
x31700
 -----Original Message-----
From: 	Venkataswami, Vishwanatha
Sent:	Monday, August 13, 2001 03:09 PM
To:	Atta, Asem
Subject:	FW: Further Testing of PSW

 -----Original Message-----
From: 	Semperger, Cara
Sent:	Monday, August 13, 2001 03:08 PM
To:	Bentley, Corry; Poston, David; Smith, Will; Venkataswami, Vishwanatha
Subject:	Further Testing of PSW

Good Afternoon,

I tried to run the Physical and Bookout summary, and got this error

"Unable to locate M:\Electric\Schedule\Process\WEST\Stage\PhysicalAndBookoutSummary_v2_54_WESTTest.xls"

c


Don't we have an OBA at this point now?

D

Jackie Young
03/31/2000 09:15 AM
To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: 98-6892 for 3/15/2000 and 3/23/2000

Daren,

I know it's first of the month but the above meter has flow for 3/15 (71
dec.) and 3/23 (35 dec.) but the deal (Sitara #213005) doesn't cover these
two days.

Can you see if it is feasible to activate these two days in Sitara so that I
can clear my exceptions for Volume Management?

Thanks
-Jackie-
3-9497


I need to talk about how to handle CES storage in Sitara and Unify.

The people that need to be their are Jeff, Mark, Victor, and one ot the CGAS
schedulers.  Please let me know if you can meet tomorrow afternoon around
2:30 pm.

Everyone else is more than welcome to attend.  Please let me know if you will
be attending.

I will schedule a conference room after I know who is attending.


Roger:
We're still ruminating on this within Government Affairs and will continue to
ruminate over the next few days, but wanted to fill you in on where we
currently are and get your comments.  Thanks.

Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 09/29/2000 12:11 PM -----

	Jeff Dasovich
	Sent by: Jeff Dasovich
	09/28/2000 01:49 PM

		 To: Harry Kingerski/NA/Enron@Enron, James D Steffes/NA/Enron@Enron, Paul
Kaufman/PDX/ECT@ECT, Sandra McCubbin/SFO/EES@EES, Susan J Mara/SFO/EES@EES,
Mona L Petrochko/SFO/EES@EES
		 cc:
		 Subject: PG&E Proposed Solution

Harry:

At the meeting yesterday, we concluded that it would be a good idea to take
the proposal that you put together based on your meeting with EES and use it
as the "base case" to start running the numbers.  Idea being that before we
shop anything around, we need to know what the numbers look like to determine
whether the thing's got any legs.

Once we have a clear understanding of how the base case  numbers shake out,
we thought we might then want do some sensitivity analyses around the
variables, come up with a final proposal, and then go back to the commercial
groups for buy-in.  We hoped that your folks could get together with Roger
Yang et al and provide some assessment of what the base case numbers look
like by middle of next week.  How's this plan sound?  Few other points:

We assume that bullet 6's reference to "net" means that the deferral is
calculated by taking any "overcollections" and subtracting them from any
"undercollections" over the entire 3 year period,not year-by-year.
What is the significance of the 3.1 CTC roll-off date?  We're assuming it's
commercially driven.  We correct?  If so, what's the driver?  Same goes for
the 2004 ending date.
Some tweeks were made to the proposal at the meeting to create an "Option 2"
for folks to consider.  (Though we don't think that any numbers need to be
run on "Option 2" until after having completed the analysis on option 1,
since those results could influence any scenarios we decide to construct).
Option 2 would:
Keep the hydro with the utility and apply Edison's proposed ratemaking
treatment.
Beginning 6.1.01, make large customers "noncore," similar to the gas model in
California, and force those customers to choose an ESP.
Beginning 1.1.03, introduce competitive default service for remaining "core"
(i.e., rez and small commercial) customers.

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
++++++++++++++++++++++++++++++++++++++++++++++++++++
Finally, couple of things that occurred to me after yesterday's meeting that
I want to throw out for folks to react to:

Seems that, to be successful, the proposal needs to remain as stripped down
and simple as possible.
When the proposal nets out the deferral costs, does it include the
over/undercollections associated with utility residual generation?
In option 2, by adding the "noncore" feature, and by implementing that
feature and the default service feature prior to the 04 ending date, the
proposal gets more complicated (and adds significantly more risk to the
utility's position).  This is not to say that the complications can't be
worked out, or that the added risk can't be accounted for, but wanted to
highlight it for folks to consider.

Attached is the original, with just a couple of minor edits, and "Option 2."

Best,
Jeff


Please see the attached revised trust agreement, which reflects the changes
to Appendix D, as proposed by Wachovia.  Please call me if you have any
questions.

Regards,

Drew Clark

Clean Copy
(Enron - Performance Bonus Trust (Version 8)) (See attached file:
njl502!.DOC)

Black Line
(Enron - Performance Bonus Trust (Version 8)) (See attached file:
njl5RED.DOC)

**********NOTE**********
The information contained in this email message is intended only
for use of the individual or entity named above.  If the reader
of this message is not the intended recipient, or the employee or
agent responsible to deliver it 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 immediately
notify us by telephone (212-310-8000), and destroy the original
message. Thank you.
 - njl502!.DOC
 - njl5RED.DOC


Attached is a calculation of your "Total Capital" deployed, building from
equity, for the years 2000 and 2001.
Rick Causey has asked me to present  this "Total Capital" broken down between
the following categories:

  Strategic Pipelines
  Strategic Power Plants
  Strategic Communications
  Strategic Other (Subdivide as you like)
  Merchant

Not included in the attached numbers are off balance sheet items. Please give
a summary of any off balance sheet
items.

The capital presented is estimated from the plans recently submitted. I am
not looking for total precision, just good
estimates. I need this information early next week. It will be used in a
board presentation.

Thanks for your help,

mike d


we are still looking into that option .....

KF


done at 9:30.  can you pick me up.  i'd love it.  check your voicemail, too.
i left a message there.

Prentice Sellers <psellers@Haas.Berkeley.EDU> on 09/05/2000 05:42:28 PM
To: jdasovic@enron.com
cc:
Subject: Tonight

Are you there?  I'll be online for the next half hour or so.  Did you get
my message?  Dinner is at 8.  What time are you done with class?


no need to eliminate specialization but there is a huge amount of duplication.. (for the record i am not weaseling my way into the chief fundamentalist role)..i think the specialization could remain but teh information should be commonly housed and centrallly disseminated) For example, why dio we need 4 stack models..it would be better to concentrate our effort and knowledge on making on great one
also in terms of headcount, elimination of  dupplication means reduced costs....do we really need to be hiring 100 analysts a year.......? where are we going to  put them all
let's keep the strongest and ditch the rest

 -----Original Message-----
From: 	Arnold, John
Sent:	Monday, October 08, 2001 7:46 PM
To:	Fraser, Jennifer
Subject:	RE: 25% ACROSS THE BOARD REDUCTION IN ENE HEADCOUNT

maybe,  some specialization is beneficial though.

 -----Original Message-----
From: 	Fraser, Jennifer
Sent:	Monday, October 08, 2001 10:56 AM
To:	Arnold, John
Subject:	RE: 25% ACROSS THE BOARD REDUCTION IN ENE HEADCOUNT

porsche boxster (maybe the bmw one) instead or 5000 they raffle a car...hahahaha johnny..only exempt group is egm crude and products which keeps hiring and hiring

also dont you think it was about time there was one fundamentals group where all information was shared and disseminated to trading

 -----Original Message-----
From: 	Arnold, John
Sent:	Monday, October 08, 2001 11:53 AM
To:	Fraser, Jennifer
Subject:	RE: 25% ACROSS THE BOARD REDUCTION IN ENE HEADCOUNT

they're giving away a porsche boxster or a cardboard boxcutter?

 -----Original Message-----
From: 	Fraser, Jennifer
Sent:	Monday, October 08, 2001 10:50 AM
To:	Arnold, John
Subject:	RE: 25% ACROSS THE BOARD REDUCTION IN ENE HEADCOUNT

that means nothing..uk is giving away boxter for new employees ans slicing 10% at same time

 -----Original Message-----
From: 	Arnold, John
Sent:	Monday, October 08, 2001 11:48 AM
To:	Fraser, Jennifer
Subject:	RE: 25% ACROSS THE BOARD REDUCTION IN ENE HEADCOUNT

no way.  we're still paying $5000 for new employee referrals

 -----Original Message-----
From: 	Fraser, Jennifer
Sent:	Monday, October 08, 2001 10:18 AM
To:	Arnold, John
Subject:	25% ACROSS THE BOARD REDUCTION IN ENE HEADCOUNT

YA HEARING ANYTHING ON THIS

GEORGE DOWN--CRUDE FLOOR EVACUATED AND BROUGHT BACK


In the next few days.  We'll call you and let you know when we start the process so we can get your imput.

Mark

 -----Original Message-----
From: 	Hayslett, Rod
Sent:	Wednesday, October 17, 2001 7:14 AM
To:	McConnell, Mark
Cc:	Watson, Kimberly; Harris, Steven
Subject:	RE: Questar Southern Trails Due Diligence

When will we be creating the due diligence team?

 -----Original Message-----
From: 	McConnell, Mark
Sent:	Tuesday, October 16, 2001 3:50 PM
To:	Geaccone, Tracy; Hayslett, Rod; Huber, Lee; Kilmer III, Robert; Lokey, Teb; Centilli, James; Abdmoulaie, Mansoor; Gadd, Eric
Cc:	Harris, Steven; Watson, Kimberly
Subject:	Questar Southern Trails Due Diligence

The LOI with a nonbinding bid referencing our interest in their West Leg of the Southern Trail Pipeline was faxed to Questar yesterday .  We are confident that we will be invited to the data room to perform due diligence.  We anticipate that this will occur at the end of this month.  As soon as we know the exact date, we will advise all of those involved.

We will be assembling the due diligence team this week and then we will meet to create a plan for the process while we have access to the data room.

We'll be in touch as the details unfold.  In the mean time, if you have any questions, please feel free to call Kim Watson or myself.

Mark

Mark McConnell
Transwestern Pipeline Company
713-345-7896   office
713-822-4862   cell
713-646-2551   fax
mark.mcconnell@enron.com


I'm looking for it.  Will get back to you.

 -----Original Message-----
From: 	Sturm, Fletcher J.
Sent:	Monday, January 07, 2002 11:12 AM
To:	Denton, Rhonda L.
Subject:	NYMEX Cinergy futures contract

Rhonda,

Could you help me find a copy of the NYMEX Cinergy futures contract?  I would appreciate it.  Thanks,

Fletch


Thanks

 -----Original Message-----
From: 	Dahlke, Andrea
Sent:	Tuesday, January 15, 2002 10:44 AM
To:	Hayden, Frank
Cc:	White, Stacey W.
Subject:	RE:

We do not have a curve for PJM ICAP.  Technically, a capacity curve exists for all curves, but since we have no capacity positions in PJM there is not a curve that is marked.

 -----Original Message-----
From: 	Hayden, Frank
Sent:	Tuesday, January 15, 2002 10:01 AM
To:	White, Stacey W.; Dahlke, Andrea
Subject:

What is the curve name for PJM ICAP?


Dear Ken,

Today I learned that effective midnight tonight I have been made redundant from my position in Enron Europe. I have worked for Enron for the last 10 years and I can say that despite what has happened today, joining Enron was the best career move I made. The past 10 years have presented opportunities that were beyond my wildest dreams. I appreciate everything that Enron has done for myself and my family, and I leave believing that I did my best to return my gratefulness in some way. While growing up in a worling class environment my father taught me two great lessons in life, which I believe we all need to learn. The first being that if you ever want anything in life then you had better work for it. The second being that you should never understand the meaning of the word "can't". I believe that I have been able to follow his teaching in my career with Enron.

I leave Enron with tremendous experience and, most of all a feeling of belonging to something that was once great. I truly believed in the company and its people. Indeed I have reminded myself daily over the last few weeks that Enrons success was built more on its intangible assets rather than its tangible assets. Enron's greatness was built by its people because we all have dreams and ambitions to be a part of something great. Although I leave the company with great sadness I also leave with a great feeling of thanks and appreciation.

Arthur Ransome

Arthur Ransome
Director Asset Management - Enron Europe Limited
Office Phone (Puerto Rico) 787 836-2740
Cellular Phone (Puerto Rico) 787 365-3878


Mr. Nemec,

You need to come down to the Body Shop and fill out Inactivation Form.

Thank-You
Body Shop
X-35547

Gerald Nemec@ECT
05/18/2001 06:06 PM
To: Body Shop/HR/Corp/Enron@ENRON
cc:
Subject: Membership

I need to terminate my membership to the Body Shop.  What do I need to do to
effect this?


fyi, we have staff meetings on the first and third Wednesdays, at 130.  The
meetings usually last an hour or less.

ckm