Ron,

Your e-mail was such a pleasant surprise!  Thanks so much for the kind words.

I would love to get together for lunch in the near future, though January is
typically a tough month for me.  I'll have my assistant, Sherri Sera, call
your office to see what we can arrange.

Thanks again for the note.  I look forward to seeing you soon.

Jeff


Don:
Can you give me an idea of where things stand on the Transfer Agreement?  I
think that we were just waiting for you to get signed up correctly on Enron
Online.  I will be going on maternity leave shortly and just wanted to figure
out how much I could get done before I leave.

Carol St. Clair
EB 3892
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com


---------------------- Forwarded by V Charles Weldon/HOU/ECT on 12/19/2000
10:56 AM ---------------------------

Kristin Gandy@ENRON
12/18/2000 11:36 AM
To: Niraj.parikh@bus.utexas.edu, Monique.salazar@bus.utexas.edu,
todd.preheim@bus.utexas.edu, Jonathan.mueller@bus.utexas.edu,
Roman.stephens@bus.utexas.edu, Nadeem.abullah@bus.utexas.edu,
scott.conner@bus.utexas.edu, tom.dalton@bus.utexas.edu,
jacee.burnes@bus.utexas.edu
cc:  (bcc: V Charles Weldon/HOU/ECT)
Subject: Offer Letter Revisions

Hello UT Candidates,

As most of you have already heard unfortunately Becky Bruce is no longer with
Enron.  My name is Kristin Gandy and I will be taken over recruiting for UT.
I wanted to send you a quick email to let you know about some changes we are
making.

Attached please find a document with information containing Enron's offer
letter revisions.  Have a wonderful holiday season and I hope to hear from
you soon.

Please contact me at 713-345-3214 if you have any questions.

Thank you,

Kristin Gandy
Associate Recruiter


Jennifer, you are very welcome and I look forward to continuing to work with
you - all the best.

Regards
Delainey


Actually, there was one new development late yesterday. Frazier wasn't entirely comfortable with having Andy Fastow in that role in the first place since he may have had access to transportation/capacity information in his capacity as CFO of Enron Corp. The same concern would, of course apply to Andy Fastow's successor. That was why Frazier had suggested Cindy Olsen. I spoke with Mary Kay and told her about this concern. She understands, but continues to feel that we should be able to come up with someone who is more substantively involved in Enron's underlying businesses but who does not have access to transportation/capacity information. I'll work with Frazier to see if we can identify someone. So, let's hold off for now in contacting Jeff McMahon. I'll keep you updated. Thanks.

 -----Original Message-----
From: 	Porter, Gregory J.
Sent:	Wednesday, November 07, 2001 6:59 AM
To:	Rapp, Bill; Fossum, Drew
Subject:	RE: Northern Natural Gas - Marketing Affiliate Compliance

I have no objection.  Drew do you want to contact McMahon's office or should I.  Either way is fine.  Greg

 -----Original Message-----
From: 	Rapp, Bill
Sent:	Tuesday, November 06, 2001 10:11 AM
To:	Fossum, Drew; Porter, Gregory J.
Subject:	FW: Northern Natural Gas - Marketing Affiliate Compliance

Any objections to Mary Kay's suggestion? If not, I'll probably need the help of one of you in contacting Jeff McMahon.

 -----Original Message-----
From: 	Miller, Mary Kay
Sent:	Tuesday, November 06, 2001 10:02 AM
To:	Rapp, Bill; Hartsoe, Joe; Pavlou, Maria
Subject:	RE: Northern Natural Gas - Marketing Affiliate Compliance

Why wouldn't we just use Andy's replacement?  Cindy is communciation and HR, not much fit there at all-  MK

 -----Original Message-----
From: 	Rapp, Bill
Sent:	Tuesday, November 06, 2001 8:52 AM
To:	Miller, Mary Kay; Hartsoe, Joe
Subject:	Northern Natural Gas - Marketing Affiliate Compliance

I'm a new addition to the gas pipeline legal group, having recently transferred from the EES legal department. Among other things, I'll be handling Northern Natural's compliance with the marketing affiliate rule.

An issue has come up with Northern as a result of the recent changes at Enron Corp.

Andy Fastow is currently shown in the organizational chart on Northern Natural's electronic bulletin board as "President, Northern Pipeline Sales Division".  Apparently, he was named to this position because he was not an officer or director of one of our marketing affiliates and was also not an officer or director of Northern. This satisfied the requirements of the marketing affilate rule. Given recent personnel changes at Enron Corp., it's now necessary to find a replacement for Andy Fastow. Frazier King suggested Cindy Olson, who also is neither an officer or director of a marketing affiliate nor an officer or director of Northern.  We wanted to run this by both of you before proceeding further. We would appreciate your thoughts. Thanks.


Could you send me copies of the Excel reports you want us to modify. Thanks.

 -----Original Message-----
From:  Griffith, John
Sent: Wednesday, January 31, 2001 12:33 PM
To: Wong, Jeremy
Cc: Maggi, Mike; McLaughlin, Errol
Subject: Predictive Greeks

Jeremy,

Each day, we receive a report that shows the movement of the position's gamma
with a change in the underlying (a gamma slide).  We would like to see how
difficult it would be to see the same with vega (a vega slide).  Also, there
is a report that shows totals for all the greeks by month.  Could you put a
total line at the bottom of this report?  Please let me know of the
difficulty of these changes. Thanks.

John
x. 36247


The following reports have been waiting for your approval for more than 4 days.  Please review.

Owner: Timothy N Belden
Report Name: Belden HOU Trip 011402
Days In Mgr. Queue: 10

Owner: Christopher F Calger
Report Name: CC 01.24.02
Days In Mgr. Queue: 4


Great!  This is exactly how I want everything in RAC to work. Rick


Hi Fellow  Bubbleblowers,

There are?four?diving-related announcements in  this email:
???HammerHeads Dive Club?Monthly ?Social  - Jan 25
???Biology of Coral Reef Lecture - Feb  10
?? Scuba Sign Language Class - Starts  March 10
???2? Flower Gardens Dive Trips - Feb  24-25 and Mar 24-25? (Note the date
changes)

If you have any questions or need  additional information, please email.

Best Wishes and Fishes,
Kristi  Foster
King Crab (President)
_____________________________
MONTHLY SOCIAL
Thursday, January 25 is the date of the monthly social for the Houston
HammerHeads dive club.? We meet at Surfer's Paradise, located?across  from
the theater in the MarqE complex on I10 off of 610 from 7:30 - 9:30  pm.?
Tell the host/hostess you're with the HammerHeads - we'll be in the  party
room.
____________________________
CORAL REEF LECTURE
Dick  Zingula from the Houston Underwater Club is giving his annual lecture,
"Biology  of Coral Reefs".? This is a fantastic all-day seminar (I went last
year) to  be held on Sat, February 10 at the Houston Museum of Natural
Science from 9:15 -  4:30.? Cost is $20 for HammerHead members since we are
part of the  TGCC.? Non-members fee is $25.? Space is limited to the first
30  people who sign up.? This lecture fills up quickly, so register as soon
as  possible.? Call Dick Zingula at 713-721-8533 for  more?information.
_______________________

SCUBA SIGN LANGUAGE COURSE
This winter I attended an instructor  training program to teach Scuba Sign
Language.??You can be the guinea  pigs for the first class?starting March
10.? Cost for this class only  is $75 and includes academics and?one pool
session.? Students need to  provide their own equipment and a passport-sized
photo for the certification  cards.? Learn over 100 useful underwater hand
signals beyond the open water  basics you already know.? Enroll at least one
week in advance.??  For more information, contact me at 713-662-3455 or check
out the class  description at www.scubadoobydoo.com.
_____________________
CLUB FLOWER GARDENS DIVE  TRIP
Jan-Mar is Hammerhead migration season  through the Gulf of Mexico.? We've
got the entire boat (16 spots) reserved  for two trips; Feb 24-25 and March
24-25.? We'll be diving off the Sea  Searcher II (for more info, check out at
www.scubadoobydoo.com).? Cost is  $350.? A $100 deposit is required to hold
your spot.??These trips  fill up quickly, so don't wait to reserve your
spot.? For more information,  please contact Kristi Foster at  713-662-3455.


Karen, heres the version of the PRC memo you should use.  Please call if you
have any questions.  SRS


i'm all over it.

Joe A Casas
03/28/2000 08:56 AM
To: Chris Germany/HOU/ECT@ECT
cc: Tricia Bowen/HOU/ECT@ECT
Subject: Dayton sales for april

Mr.  Germany,  will be inputting the Dayton sales for TGT into sitara for
Abril?

graci


FYI

-----Original Message-----
From: Banks, Rod [mailto:RBANKS@mariner-energy.com]
Sent: Monday, October 15, 2001 9:53 AM
To: Thorne, Judy
Subject: RE: Gas Purchase and Sales Contract

I have reviewed the Keep Whole language that was given to me at our meeting
and find the following:
1.	Refer to para. (ii), next to the last sentence. The word "fail"
needs to be plural.
2.	Please refer to the second para., 4th sentence. Seller and buyer
need to be reversed. Buyer shall pay Seller.
General Terms And Conditions
1.	Section 1, Transactions - 16th sentence, "...within ten days of
Seller's receipt...", not Buyers receipt.
2.	I understand we will eliminate the use of too many terms used to
describe the quantity. I feel the use of Baseload is sufficient.
I would like to see formal agreements (ie: Confirmation and GT&C)
incorporating the items we have discussed, including 1.) the deduction of
actual costs language 2.) Seller is responsible for all cost(s) upstream of
the delivery point and Buyer is responsible for all cost(s) downstream of
delivery point(s). Sellers right, at it's sole option, to cancel agreement
resulting from buyer's inability to move gas which is caused by Buyer's
transport. (IT or FT).
Thanks for your attention and please contact me should I be of assistance.

		-----Original Message-----
		From:	Thorne, Judy [mailto:Judy.Thorne@ENRON.com]
		Sent:	Friday, October 12, 2001 9:07 AM
		To:	Banks, Rod
		Subject:	RE: Gas Purchase and Sales Contract

		 << File: KeepWhole1.doc >> << File: TemplateGTC(Wellhead
with Keep Whole).DOC >> Rod,

		I am not sure that the email that I sent to you the other
day went
		through. I had a returned undelivered message, so I am
resending the
		documents with the changes that we discussed on Wednesday.

		Please let me know if you have any questions.

		Judy Thorne
		ENA Upstream Company LLC
		713-853-4758

		-----Original Message-----
		From: Banks, Rod [mailto:RBANKS@mariner-energy.com]
		Sent: Thursday, October 11, 2001 10:05 AM
		To: Thorne, Judy
		Subject: Gas Purchase and Sales Contract

		Thank you for your time yesterday. Please find Mariner's
legal input and
		my
		review of the Keep Whole language you provided me.

		Mariner Legal Comments and suggestions:

		1.	Incorporate in each confirmation, as the second
sentence of the
		last
		paragraph in the confirmation: "However, Section 2 of the
GTC shall not
		apply".

		Keep Whole Language comments:

		1.	At, ii, second to last sentence, the word fail
should be plural.
		2.	The first paragraph after (ii), fourth sentence, the
words
		"Seller
		shall pay to Buyer" needs to say "buyer shall pay to
Seller".
		3.	MMBTU needs to reflect a daily quantity unless ENA
intends it to
		be
		a monthly qty. Lets clarify what the official "Baseload
Quantity" will
		be.
		Lets discuss. Will this quantity change before the first of
each month?

		Thanks for your attention.

**********************************************************************
		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.

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


Quite a coincidence that we just got the ISDA Master Agreement executed with
this counterparty.  Per Leslie's note below, the only physical restriction
appears to be that they cannot trade
----- Forwarded by Tana Jones/HOU/ECT on 11/30/2000 06:06 PM -----

	Leslie Hansen
	11/30/2000 12:49 PM

		 To: Tana Jones/HOU/ECT@ECT, Imelda Frayre/LON/ECT@ECT
		 cc:
		 Subject: Re: New Counterparty - President & Fellows of Harvard College

Tana:

This CP is not authorized to trade physical US power products.  I will leave
it to you to determine if it should be granted access to any other
commodities.

Leslie
----- Forwarded by Leslie Hansen/HOU/ECT on 11/30/2000 12:48 PM -----

	Imelda Frayre
	11/21/2000 06:57 AM

		 To: Leslie Hansen/HOU/ECT@ECT
		 cc:
		 Subject: Re: New Counterparty - President & Fellows of Harvard College

Just forwarding this to you per Justin Boyd's request.  The CP above is
applying for trade access on EnronOnline.  Please let me know if you have any
comments.

Imelda Frayre
---------------------- Forwarded by Imelda Frayre/LON/ECT on 21/11/2000 12:59
---------------------------

Justin Boyd
21/11/2000 09:38
To: Imelda Frayre/LON/ECT@ECT
cc:

Subject: Re: New Counterparty - President & Fellows of Harvard College

Imelda

You will need to ask the US group whether this gives rise to any
issues....ask Leslie Hansen

Thanks.
Justin

To: Justin Boyd/LON/ECT@ECT, ECT London Credit, Enron Europe Global
CounterParty
cc: Enron London - EOL Product Control Group/LON/ECT@ECT, EOL Marketing
Europe@ECT, Lindsay F Edmonds/EU/Enron@Enron, Hamish M Scutt/EU/Enron@Enron,
Diana Higgins/LON/ECT@ECT, Alan Jamieson/EU/Enron@Enron, Britta
Dinnendahl/LON/ECT@ECT, Alex Heath/LON/ECT@ECT, Robert Brewis/LON/ECT@ECT,
Chris Shapland/LON/ECT@ECT

Subject: New Counterparty - President & Fellows of Harvard College

Hi

We've received a PA registration form from President & Fellows of Harvard
College  for EnronOnline.  I've entered the customer details in the customer
database (s:/access database).  Please review and confirm via return e-mail
once approval is completed.  Attached is the PA registration form for your
review.

Regards

Imelda Frayre

---------------------- Forwarded by Imelda Frayre/LON/ECT on 21/11/2000 07:53
---------------------------

London Fax System
20/11/2000 22:07
To: Enron London - EOL Product Control Group/LON/ECT@ECT
cc:

Subject: New fax received (Likely sender: 713 646 8511).

You have received a new fax from 713 646 8511

The image contains 3 page(s).


bandwidth.com

-----Original Message-----
From: Jeff.Dasovich@enron.com
To: cameron@perfect.com; scottwl@hotmail.com
Sent: 12/4/00 9:49 AM

New Yorker reviews Henry Moss in this week's issue.  Haven't read it
yet.
Did you guys like it?

Cameron, what's the name of the bandwidth exchange firm that you guys
did
your deal with?  Bandwidth Exchange?  (I"m brain dead.)


Sorry about this. No more changes after this.  Thanks


Hello, everyone.  I just wanted to let you know as of December 1, 2000,
this will no longer be a valid email address.

My new email address is Lostincorpus@aol.com

It seems fitting on several degrees.  I hope everyone had a good
Thanksgiving.

Love Ya,

Ines.


---------------------- Forwarded by Chris Germany/HOU/ECT on 03/07/2000 10:56
AM ---------------------------

"Immer, Ingrid" <Ingrid.Immer@Williams.com> on 03/06/2000 09:46:03 AM
To: "'Chris Germany'" <Chris.Germany@enron.com>
cc:
Subject: RE: Demand Charges

Looks like we made a boo-boo.  I'll let you know what I find out.  Thanks.
ii

> -----Original Message-----
> From: Chris Germany [SMTP:Chris.Germany@enron.com]
> Sent: Monday, March 06, 2000 8:39 AM
> To: ingrid.immer@williams.com
> Subject: Demand Charges
>
>
>
> Here are a couple of demand charges I don't understand.  AGL released CES
> some
> ESR (offer #18307) and WSR (offer #18210).  The demand portion of these
> contracts being billed on k#1.3473.  What's up.
>


Yo!  My phone# is 503-224-4223.  Give me a call if you want to hang out
tonight.
-Scott

>  -----Original Message-----
> From: 	Kuehn, M Scott
> Sent:	Wednesday, April 25, 2001 2:27 PM
> To:	'Bill.Williams.III@enron.com'
> Subject:	goodday' captain
>
> Ahoy!  the tide is high and the mermaids are singing.  What waters will
> you sail this weekend?  Portland?  There could be trouble on the
> horizon....
> -Lee Mellon


---------------------- Forwarded by Eric Bass/HOU/ECT on 09/13/2000 05:31 PM
---------------------------

Brian Hoskins
09/07/2000 01:04 PM
To: Eric Bass/HOU/ECT@ECT, bthoskins@hotmail.com, Luis.Mena@enron.com,
Amir_Ahanchian@enron.net, Matthew Lenhart/HOU/ECT@ECT, Timothy
Blanchard/HOU/EES@EES, Bryan Hull/HOU/ECT@ECT, Jeffrey C Gossett/HOU/ECT@ECT,
O'Neal D Winfree/HOU/ECT@ECT, David Baumbach/HOU/ECT@ECT, Kenneth
Shulklapper/HOU/ECT@ECT, Nick Hiemstra/HOU/ECT@ECT, Lenine
Jeganathan/HOU/ECT@ECT
cc:
Subject: Flag Football Schedule

Heat,

I have good news and bad news.  The bad news is that Danny Campbell, our
esteemed Enron Flag Football President, left the company and forgot to
tell us that our first game was...last night.  So we forfeited our first
game.  The good news is that it was against the Raiders, and we probably
wouldn't
have won anyway.

Here is the schedule.  Enron's Team 3 is probably not going to play, so this
means that we'll have some open dates unless they decide to reschedule.
Take note that we're playing in the City League again this fall, but the
location has changed.  We're going to play at Jaycee Park.  Directions are
below.  Sorry about the confusion this week, but I'll see you on the field
next Wednesday night.

Brian

All games are on Wednesday nights at Jaycee Park ballfield
9/6 8:30pm vs. Raiders
9/13 7:30pm vs. Jay Ballers
9/20 8:30pm vs. Organized Confusion
9/27 7:30pm vs. Dawgs (Enron)
10/4 6:30pm vs. Team 3 (Enron)
10/11 6:30pm vs. Raiders
10/18 6:30pm vs. Jay Ballers
10/25 7:30pm vs. Organized Confusion
11/1 8:30pm vs. Dawgs (Enron)
11/8 8:30pm vs. Team 3 (Enron)

Directions to Jaycee Park ballfield (NW)
1300 Seamist @ Grovewood
Go out the West Loop N (610) to W. 18th Street.
Exit W. 18th Steet, go right
Take right on Seamis, follow to the park


Yours?
---------------------- Forwarded by Mark A Taylor/EFS/EES on 09/05/2000 10:52
AM ---------------------------

Michael Guerriero@ENRON
09/05/2000 10:39 AM

To: Andrea Calo/SA/Enron@Enron
cc: mark.taylor@enron.com, Patrick Hansen/SA/Enron@Enron
Subject: Re: CNV-Precedents

He missed the Agrisitio.com.ar case.

All others are related to Futures and Options conflicts with the Commodities
board. We are not in conflict with the commodities board and are not
brokering futures contracts. I will work on getting such clarification from
the CNV via Patrick. We still need the other information we spoke of on
Friday.

Andrea Calo
09/05/2000 11:17 AM
To: mark.taylor@enron.com, Michael Guerriero/SA/Enron@Enron
cc:

Subject: CNV-Precedents

FYI
---------------------- Forwarded by Andrea Calo/SA/Enron on 09/05/2000 11:19
AM ---------------------------

IRIBARNE Sebasti?n M. <SMI@marval.com.ar> on 09/04/2000 07:12:00 PM
To: "'Andrea.Calo@enron.com'" <Andrea.Calo@enron.com>
cc:
Subject: Doc2__1

Andrea,

Te adjunto una breve descripci?n de los antecedentes de la CNV con relacion a
a derivados e internet.? Me han adelantado un closing para aana tengo que
arranca a las tres de la tarde, asi que estaria libre maana durante la
maana o el miercoles.

Muy cordialmente,

Sebastian M. Iribarne

 <<Doc2__1_.doc>>

---------------------------------------------------------------------
Este mensaje es confidencial. Puede contener informacion amparada
por el secreto profesional. Si usted ha recibido este e-mail por error,
por favor comuniquenoslo inmediatamente via e-mail y tenga la
amabilidad de eliminarlo de su sistema; no debera copiar el mensaje
ni divulgar su contenido a ninguna persona. Muchas gracias.

This message is confidential. It may also contain information that is
privileged or otherwise legally exempt from disclosure. If you have
received it by mistake please let us know by e-mail immediately and
delete it from your system; you should also not copy the message nor
disclose its contents to anyone. Many thanks.
?---------------------------------------------------------------------

 - Doc2__1_.doc


Thanks Jeremy.  I did receive the fax.  We are currently working internally
at finalizing the tariff, which should be done well in advance of the April
anniversary.  Will keep you posted on progress.

Jeremy Meier <jermeier@earthlink.net> on 02/02/2001 04:17:14 PM
To: MPetroch@enron.com
cc: jdasovic@enron.com

Subject: ICAs

Mona:

Trust you got the faxed CPUC Decisions on ETI - the first granted the
CLC CPCN and the second corrects the ALJ's overlooking of the NDIEC
(what you might call IXC) authority.

We still need, as you probably have heard before, to file the final
initial tariffs per the Decisions.  Jeff and/or Sue was going to approve
consumer forms and final service language, and we should file those no
later than April (one year), if not sooner.  Otherwise, you can get an
extension on exercising ETI's authority if necessary.

Also note that if ETI is using network facilities in Sacramento area
(collocation, etc) we will likely want to execute ICAs with Citizens and
Roseville in that area (small ILECs).  We can send additional ICAs for
these ILECs (and for Pacific and GTEC/Verizon) as warranted.

Thx.

Jeremy Meier
Blumenfeld & Cohen


Charlene,

Thanks.

Vince

Charlene Jackson@ENRON
10/24/2000 05:15 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc: Kevin Hannon/Enron Communications@Enron Communications, Kristin
Gandy/NA/Enron@Enron, Shelly Jones/HOU/ECT@ECT
Subject: Re: Yaron's Resume

Vince,
Kevin Hannon is the executive lead for Cornell and he needs to approve.   I
am not sure if they have already interviewed on campus.  He should go through
the on-campus screening process before attending a Super Saturday.  We are
reserving the Super Saturday weekend for individuals that are highly likely
to receive an offer.  I will forward this to Kevin and Kristin Gandy.
Although they are responsible for Graduate recruiting at Cornell, perhaps it
is possible for him to interview when they go on campus.
Charlene

Kevin and Kristin,
Please see Vince's message below. Would it be possible for an undergraduate
to interview while you are at Cornell?  Please let me know.

Thanks

Vince J Kaminski@ECT
10/24/2000 04:37 PM
To: Charlene Jackson/Corp/Enron@ENRON
cc: Mary Alison Bailey/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT

Subject: Yaron's Resume

Charlene,

Please, help. This is a son of a professor at Berkeley who helps me a lot in
the recruiting process.
His son goes to Cornell. Can we invite him (the son, not the professor) to a
Super Saturday? I really want
to repay the debt to his father who is very instrumental in  my recruiting
efforts.

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 10/24/2000
04:40 PM ---------------------------

"Shmuel Oren" <oren@ieor.berkeley.edu> on 10/23/2000 04:37:25 PM
To: <vkamins@enron.com>
cc:
Subject: Yaron's Resume

?
 - Yaron-RESUME3.doc


For TVA to increase its bid, there must be increased availability.  With the
low availability of the proposed product, we valued it at $4.75.  The main
issue is the reliability of the resources.  Higher guaranteed availability
will increase the value to us.

> ----------
> From:  Rogers.Herndon@enron.com[SMTP:Rogers.Herndon@enron.com]
> Sent:  Thursday, January 18, 2001 5:55 PM
> To:  Goza, Stuart L.
> Cc:  Kevin.M.Presto@enron.com; David.Portz@enron.com;
> Elizabeth.Sager@enron.com; Mitch.Robinson@enron.com
> Subject:  Re: TVA' s Bid
>
>
> Stuart -
>
> Thanks for your response.  At this time EPMI is unable to accept TVA's
> bid.
> Are the issues raised by TVA significant enough that, if amended,  would
> allow TVA to provide EPMI with a bid equal to EPMI's original offer?
>
> EPMI does plan to go forward with an offering to several market
> participants on Monday.  EPMI will include TVA in the process if you wish.
>
> Rogers Herndon
>
>
> .
>
>
>
>
> "Goza, Stuart L." <slgoza@tva.gov> on 01/18/2001 03:20:28 PM
>
> To:   slgoza@tva.gov, "'Rogers.Herndon@enron.com'"
>       <Rogers.Herndon@enron.com>
> cc:   Kevin.M.Presto@enron.com, David.Portz@enron.com,
>       Mitch.Robinson@enron.com, Elizabeth.Sager@enron.com, "Creel,
>       Elizabeth A." <eacreel@tva.gov>
> Subject:  TVA' s Bid
>
>
> Rogers,
>
> TVA's current bid is $4.75/kw-month, for the term May 1, 2001, through
> December 31, 2003.  Enron could call on units not being dispatched by TVA
> only if TVA specifically agreed to waive its rights for the specific
> period.
> If the AAF is equal to or less than 50% for a month, then the Demand
> Charge
> for that month will be zero instead of $2/kw-month.
>
> Having the potential of 72 hours of scheduled maintenance per unit each
> month significantly reduces the availability of the resources and the low
> guaranteed availability during the non-summer also reduces the value to
> TVA.
>
> Should Enron desire to provide a higher level of availability such as not
> excluding the maintenance from the availability calculation or different
> product such as unit capacity with LD energy, then that would increase the
> value to TVA.
>
> A transaction of this duration is subject to TVA Board approval.
>
> Please let me know if the bid is acceptable, or if Enron want to offer a
> product with higher availability.
>
> Thanks,
> Stuart
>
> > ----------
> > From:   Rogers.Herndon@enron.com[SMTP:Rogers.Herndon@enron.com]
> > Sent:   Tuesday, January 16, 2001 9:03 AM
> > To:     slgoza@tva.gov
> > Cc:     Kevin.M.Presto@enron.com; David.Portz@enron.com;
> > Mitch.Robinson@enron.com; Elizabeth.Sager@enron.com
> > Subject:     RE: Tolling Proposal
> >
> >
> >
> > Stuart -
> >
> > The following is our response to question #1:
> >
> > In situations where a unit is not available due to unexpected
> maintenance,
> > but the advanced notice time requirements for a Scheduled Outage (24
> > hours)
> > have not yet been met, or if the 72 hours for that month have already
> been
> > used for Scheduled Outages, then EPMI could inform TVA that the unit is
> > not
> > available, and TVA could not then call on the unit (this would be "D").
> > This prevents TVA from calling on (and counting on) a unit that is not
> > available.  Note that EPMI would not get credit for availability during
> > this period.
> >
> > Note that this is considered a courtesy opportunity for the Buyer.  EPMI
> > does not object to removing the term D.
> >
> > EPMI request an indication of interest from TVA regarding the current
> > proposal as soon as possible.  EPMI's current plan is to issue a bid
> > package no later than Friday am, 1/19/01.
> >
> > Rogers Herndon
> >
> >
> >
> >                     Rogers
> >
> >                     Herndon@ECT         To:
> >
> >                                         cc:
> >
> >                     01/11/2001          Subject:      (Document link:
> > David Portz)
> >                     09:29 AM
> >
> >
> >
> >
> >
> >
> >
> >
> > Stuart ,
> >  Thanks for the prompt response.  I am having someone address question
> #1
> > and will forward as soon as possible.  Regarding #2, EPMI is proposing a
> > guaranteed heat rate and start up fuel quantities.  As long as TVA
> > arranges
> > for and delivers these fuel quantities, EPMI will manage any actual
> > imbalances.  However, TVA would be responsible for all imbalances and
> > potential penalties associated with under/over deliveries vs. the
> > guaranteed quantities.
> >
> > I hope this response is sufficient.  If not, please let me know.
> >
> > Rogers Herndon
> >
> >
> >
> > "Goza, Stuart L." <slgoza@tva.gov> on 01/11/2001 07:23:53 AM
> >
> > To:   slgoza@tva.gov, "'Rogers.Herndon@enron.com'"
> >       <Rogers.Herndon@enron.com>

> > cc:   Kevin.M.Presto@enron.com, David.Portz@enron.com,
> >       Elizabeth.Sager@enron.com
> > Subject:  RE: Tolling Proposal
> >
> >
> > Thanks for your response.  I have two initial comments/questions:
> >
> > 1.  I don't understand "D" in the formula shown in # 2 for AAF.  What is
> > it,
> > how it is determined?  If D and M exclude MO, SO, and Force Majure, what
> > is
> > left for "D"?
> >
> > 2.  If TVA only has rights to 4 of the 6 units, how would gas imbalance
> > charges be handled if both TVA and Enron are supply gas for the total
> > plant?
> > Certainly there will be situations were units trip or fail to start,
> etc.
> > which will lead to imbalances.
> >
> >
> >
> > > ----------
> > > From:   Rogers.Herndon@enron.com[SMTP:Rogers.Herndon@enron.com]
> > > Sent:   Thursday, January 11, 2001 7:37 AM
> > > To:     slgoza@tva.gov
> > > Cc:     Kevin.M.Presto@enron.com; David.Portz@enron.com;
> > > Elizabeth.Sager@enron.com
> > > Subject:     Tolling Proposal
> > >
> > > Stuart -
> > >
> > > Below are the responses to TVA's questions.  Please let me know if and
> > how
> > > TVA would like to proceed from here.  EPMI remains interested in
> > entering
> > > into a transaction with TVA.  However, as mentioned, EPMI is on track
> to
> > > release a bid proposal to several market participants early next week.
> > At
> > > this point, EPMI targets a release date of Wednesday am , 1/17/01.
> > >
> > > Please contact me at 713-853-7355 to discuss how we proceed from here.
> > >
> > > Thanks,
> > > Rogers Herndon
> > >
> > >
> > > ---------------------- Forwarded by Rogers Herndon/HOU/ECT on
> 01/11/2001
> > > 06:26 AM ---------------------------
> > >
> > > To:   Rogers Herndon/HOU/ECT@ect
> > > cc:
> > > Subject:  Tolling Proposal
> > >
> > > ---------------------- Forwarded by Rogers Herndon/HOU/ECT on
> 01/09/2001
> > > 09:26 AM ---------------------------
> > >
> > >
> > > "Goza, Stuart L." <slgoza@tva.gov> on 01/09/2001 09:06:21 AM
> > >
> > > To:   "'Goza, Stuart L.'" <slgoza@tva.gov>,
> "'Rogers.Herndon@enron.com'"
> > >       <Rogers.Herndon@enron.com>
> > > cc:   "'Kevin.M.Presto@enron.com'" <Kevin.M.Presto@enron.com>,
> > >       "'Elizabeth.Sager@enron.com'" <Elizabeth.Sager@enron.com>
> > > Subject:  RE: EPMI Draft Proposal
> > >
> > >
> > > When do you anticipate a response to these questions?
> > >
> > > We do have interest, but this information is important!  I hope that
> you
> > > will delay sending your proposal out to others until we have a chance
> to
> > > fully evaluate your offer.
> > > > ----------
> > > > From:   Goza, Stuart L.
> > > > Sent:   Monday, January 08, 2001 7:52 AM
> > > > To:     Goza, Stuart L.; 'Rogers.Herndon@enron.com'
> > > > Cc:     Kevin.M.Presto@enron.com; Elizabeth.Sager@enron.com
> > > > Subject:     RE: EPMI Draft Proposal
> > > >
> > > > Answers to these questions will assist us in determining our
> position
> > > > regarding your offer:
> > > >
> > > Certain of the following information is drawn from historical data as
> to
> > > the plant. Nothing below is a representation as to the plant's
> > operability
> > > on a going-forward basis.
> > >
> > > > (1) Why is the proposed guaranteed availability (75%) so low in the
> > > > non-summer months?
> > >
> > > At the quoted monthly Demand Charge, EPMI feels that the guaranteed
> > > availability values are competitive.  Please note that 75% represents
> a
> > > guaranteed availability, and actual availabilty will be targeted at a
> > much
> > > higher level.  Major maintenance would be completed during the
> > non-summer
> > > months.
> > >
> > >
> > > > (2)  How do you propose that availability be calculated?
> > >
> > >  We propose that availability will be calculated using the following
> > > formula:
> > >
> > > AAF = (P*C - D - M)/P*C
> > >
> > > where:
> > >
> > > AAF = Actual Availability Factor for a given month
> > > P = the number of peak hours in a given month, where peak hours are HE
> 7
> > -
> > > 22 Sunday through Saturday (i.e. 7 days a week).
> > > C = the contracted quantity for that month (in units of MW's).
> > > D = The number of unit hours declared by EPMI not available in the
> peak
> > > hours of that given month times the maximum Contracted Capacity of
> that
> > > unit.
> > > M = The number of MWhs called on by Buyer in the peak hours of that
> > given
> > > month, but not delivered by Seller for that month.
> > >
> > > Note:  Both D and M would exclude the Major Maintenance Outages (see
> > > below), Scheduled Outages (see below), outages due to Force Majeure,
> > > Buyer's inability to perform, including but not limited to
> > > non-availability
> > > of gas and/or gas transport, and EPMI's inability to operate the plant
> > due
> > > to legal, regulatory or permitting restrictions or other reasons
> beyond
> > > the
> > > reasonable control of EPMI.
> > >
> > >
> > > 1.  Major Maintenance Outages (MO).  The Seller would be allowed 25
> days
> > > per year per unit to conduct major maintenance.  MOs would not count
> > > against the Actual Availability Factor (see calculation below).
> Seller
> > > may
> > > only schedule MO's with at least a 10 day notice and only during the
> > > months
> > > of October, November, December, March, and/or April.
> > >
> > > 2.  Scheduled Outages (SO).  The Seller would be allowed 72 hrs per
> > month
> > > per unit to conduct scheduled maintenance.  SO's would not count
> against
> > > the Actual Availability Factor (see calculation below).  Seller will
> > make
> > > commercially reasonable efforts to schedule SOs during non-peak
> periods
> > > (weekends and nights).  Seller may only schedule SOs with at least a
> 24
> > > hour notice.
> > >
> > >
> > > Note that the Guaranteed Availability Factor (GAF) would be set at 95%
> > for
> > > the summer months, and 75% for the other months.  The contracted Full
> > > Demand Charge (FDC) for any given month would be paid by the Purchaser
> > to
> > > the Seller as long as the Actual Availability Factor (AAF) is equal to
> > or
> > > greater than the GAF (95% or 75%) for that month.  For any month in
> > which
> > > AAF falls below the GAF of 95% or 75% depending on the month, the
> > > Purchaser
> > > (TVA) would pay the Seller (EPMI) a prorated amount of the FDC using
> the
> > > formula below.  This prorated amount is known as the Reduced Demand
> > Charge
> > > (RDC).  Notice that an AAF of 50% or less for any given month would
> > result
> > > in a floor Reduced Demand Charge of $2/kw-mo for that month.
> > >
> > > ADC = 2 + ((FDC - 2)/(GAF - 50))*(AAF - 50) as long as AAF is equal to
> > or
> > > greater than 50% and less than or equal to the GAF (either 95% or 75%)
> > >
> > > ADC = $2/kw for months in which AAF is equal to or less than 50%
> > >
> > > ADC = FDC for months in which AAF is equal to or greater than the GAF
> > >
> > > where:
> > > ADC = Actual Demand Charge for a given month
> > > FDC = Full Demand Charge for a given month
> > > AAF = Actual Availability Factor (as defined  below). This number is
> > given
> > > as a whole number (e.g. 97% is 97)
> > > GAF = Guaranteed Availability Factor (95%).
> > >
> > > All percentages are rounded to the next highest whole number (e.g.
> 94.7%
> > > becomes 95%; 94.4% becomes 94%).
> > >
> > >
> > > > (2)  Is the plant "winterized"  -- that is can it run in the cold
> > > weather?
> > >
> > > Significant upgrades were made to the plant after the 1999 calendar
> year
> > > to
> > > aid in winterization.  In general, however, even fully winterized
> plants
> > > tend to be less reliable in extremely cold weather.  It would be
> Buyer's
> > > responsibility to address natural gas availability and delivery
> concerns
> > > throughout the year, including winter months.
> > >
> > > > (3)  From a manpower standpoint, is the plant available 7x24 for all
> > > > months -- or are the certain periods of time when the plant is not
> > > > staffed?
> > >
> > >
> > > The plant is staffed or has members on ready recall 7x24.  However, in
> > > order to have full preparation time, a 3 hour notice is required prior
> > to
> > > dispatch.  Dispatch outside M-F peak hours (5X16, HE 7 - 22) requires
> a
> > 5
> > > hour dispatch notice.
> > >
> > > > (4)  What has been the historic availability of the plant (by
> month)?
> > >
> > > Using the formula above, the Actual Availability Factor (AAF) for the
> > > plant
> > > by month for calendar year 2000 is shown below:
> > >
> > > Jan  100%
> > > Feb  99%
> > > Mar  100%
> > > Apr  100%
> > > May  97%
> > > Jun  97%
> > > Jul  99%
> > > Aug  100%
> > > Sep  100%
> > > Oct  100%
> > > Nov  100%
> > > Dec  100%
> > >
> > > Note that approximate average per unit run hours during calendar year
> > 2000
> > > was 215 hours.
> > >
> > > > (5)  What type of gas transportation has been historically used --
> > > > interruptible or firm?
> > >
> > >
> > > Historically EPMI has utilized both firm and interruptible gas
> > > transportation depending on availability.
> > >
> > > > (6)  Has the plant ever been unavailable due to the inability of
> fuel?
> > >
> > > Only once since plant construction.  This occurred during a run-time
> > with
> > > minimal advance notice.  In general, fuel availability is the
> > > responsibility of the Buyer and is more readily available with greater
> > > advance notice.  Note also that the plant was only minimally run
> during
> > > the
> > > most recent winter season due to non-economic dispatch conditions;
> > > therefore, the availability of gas this past winter was not tested.
> > EPMI
> > > is willing to discuss with Buyer making the facility a dual fuel
> plant,
> > > subject to permitting restrictions and operational parameters, and
> > > effected
> > > at Buyer's expense.
> > >
> > >
> > > > (7)  Am I correct in assuming that in the tolling type arrangement,
> > TVA
> > > > has exclusive use of the plant --- that is Enron would not have
> access
> > > to
> > > > the output unless TVA specifically waives its rights?
> > >
> > > EPMI would not have access to specific units of the plant while those
> > > units
> > > were being dispatched by TVA.  The plant has six units and four would
> be
> > > designated by unit number to TVA for purposes of the tolling
> agreement.
> > > EPMI could call on units not being dispatched by TVA.
> > >
> > >
> > > >
> > > >    ----------
> > > >    From:     Rogers.Herndon@enron.com[SMTP:Rogers.Herndon@enron.com]
> > > >    Sent:     Thursday, January 04, 2001 2:22 PM
> > > >    To:  Goza, Stuart L.
> > > >    Cc:  Kevin.M.Presto@enron.com; Elizabeth.Sager@enron.com
> > > >    Subject:  RE: EPMI Draft Proposal
> > > >
> > > >
> > > >    Stuart,
> > > >
> > > >    Yes, the 800 hours are annual limits.  I apologize for the
> > > > confusion.
> > > >
> > > >    EPMI is currently finalizing a bid solicitation for the New
> Albany
> > > > tolling
> > > >    service.  We anticipate sending this proposal to interested
> parties
> > > > by the
> > > >    middle of next week (1/10/01).  In the event EPMI and TVA have
> not
> > > > entered
> > > >    into exclusive negotiations by the time of the bid offering, EPMI
> > > > would
> > > >    encourage TVA to join the bid process.  We anticipate this
> process
> > > > lasting
> > > >    two weeks.
> > > >
> > > >    Please feel free to give me a call if you have any further
> > > > questions.
> > > >
> > > >    Rogers Herndon
> > > >    713-853-7355
> > > >
> > > >
> > > >
> > > >
> > >
> > >
> > >
> > >
> >
> >
> >
> >
> >
> >
> >
> >
> >
> >
> >
>
>
>
>


---------------------- Forwarded by Eric Bass/HOU/ECT on 12/13/99 02:30 PM
---------------------------

"Bass, Jason" <Jason.Bass2@compaq.com> on 12/13/99 12:38:50 PM
To: "'Donnita Franklin'" <Donnita_Franklin@enron.com>, Eric Bass/HOU/ECT@ECT,
"'ripclaw_9dv@hotmail.com'" <ripclaw_9dv@hotmail.com>
cc:
Subject: FW: snowman

JASON BASS
Technical Support Engineer

Compa Q
 <<snowman.jpg>>
 >

 - snowman.jpg


Simon Kwont
Tiffany & Co.
85 Bloor St. West
Toronto, ON M5S 1M1
416-921-3900


FYI
---------------------- Forwarded by Gavin Dillingham/ENRON_DEVELOPMENT on
08/28/2000 08:05 AM ---------------------------

Steven.J.Kean@enron.com@enron.com on 08/28/2000 07:36:46 AM
To: Gavin.Dillingham@enron.com
cc:

Subject: fyi

Please send to the distribution list
---------------------- Forwarded by Steven J Kean/NA/Enron on 08/28/2000
07:36 AM ---------------------------

From: Cindy Derecskey on 08/25/2000 04:01 PM

To:   Steven J Kean/NA/Enron@Enron, James D Steffes/HOU/EES@EES, Richard
      Shapiro/HOU/EES@EES
cc:

Subject:  fyi

----- Forwarded by Cindy Derecskey/Corp/Enron on 08/25/2000 04:00 PM -----

"Martin, Kim" <martinki@fleishman.com> on 08/25/2000 03:51:17 PM

To:   "'mark.palmer@enron.com'" <mark.palmer@enron.com>
cc:

Subject:  fyi

Didn't know if you saw this column in today's LA Times, but he makes some
good arguments...

>         JAMES FLANIGAN: Simple Steps May Ease Self-Inflicted
> Electricity Woes
>         Los Angeles Times -- August 25, 2000  [Return to Headlines]
>
>
>            Publication Date: Friday August 25, 2000
>            Page C-1
>            Los Angeles Times (Home Edition)
>            Copyright 2000 / The Times Mirror Company
>            By JAMES FLANIGAN
>
>         Let's be clear, the fact that the state botched the job of
> deregulation to begin with is one reason California's electricity market
> is such a mess.
>
>         But failure to build a single new power plant in the state
> even as California's economy expanded its use of electricity is the basic
> cause of today's shortages and soaring prices in San Diego, Orange County
> and other areas.
>
>         Still, some simple steps can be taken by regulators,
> legislators and Gov. Gray Davis to provide immediate relief.
>
>         The state's major utilities should be free to buy power
> wherever they can get it. They should not have to buy exclusively from
the
> Power Exchange, the Pasadena-based power pool that was set up by the 1998
> deregulation to achieve auction-based prices for roughly 80% of the
> state's electricity.
>
>         Approval should be expedited for adding smaller generating
> plants that supply power at times of peak demand. That could alleviate a
> tight supply-demand situation over the next year or two while larger
> plants are built.
>
>         Long term, the state needs to speed up the approval process
> for building new electricity plants. The state also should force
utilities
> to invest in the still-regulated system of power transmission lines,
which
> now has weaknesses in the San Diego and San Francisco areas.
>
>         Perhaps the most glaring fact about California's electricity
> problem is how few companies have stepped up to supply power to this
> enormous market, the nation's biggest. Only 15 or so suppliers, including
> federal agencies, the state's own utilities, municipal companies and
> private generating firms, supply power to California's system.
>
>         By contrast, Pennsylvania, which has an electricity market
> less than 12% the size of California's, has 130 separate suppliers of
> electricity today, reports John Quain, chairman of that state's Public
> Utility Commission.
>
>         It's no coincidence that Pennsylvania has seen monthly
> electric bills drop 3% on average since deregulation. "It's worked out
> terrifically," Quain says.
>
>         What did California do wrong? It allowed the state's major
> utilities--Pacific Gas & Electric, Southern California Edison and San
> Diego Gas & Electric--to recover 100% of their unrecovered or "stranded"
> costs for nuclear and hydroelectric plants and for past power purchase
> schemes mandated by the California legislature to encourage alternative
> sources of energy.
>
>         Then California's legislators told the utilities to sell
> their conventional power plants to private generating companies, all of
> which would sell their power to a central Power Exchange.
>
>         The California scheme was flawed, at once over-regulated and
> yet commercially clueless in not foreseeing trouble from a single power
> pool fed by only a handful of suppliers.
>
>         How did Pennsylvania do it? It allowed the state's utilities
> to recover no more than 67% of their stranded costs for nuclear
> plants--reasoning that company shareholders should accept some of the
risk
> of their investments. And rather than set up a central power exchange,
the
> state allowed its utilities and newcomers to the state's electric system
> to compete for business.
>
>         Competition, after all, is what deregulation is supposed to
> encourage. And competition is not happening in California.
>
>         It should be noted that the summer is relatively cool in the
> East this year and extraordinarily hot throughout the West. All the
> Western states are suffering electricity problems. That's another reason
> for California's trouble.
>
>         Normally, 28% of California's electricity comes from U.S.
> and Canadian government systems and from utilities in Oregon and
> Washington, Nevada and Arizona. But this year, because of lower
> hydroelectric supplies and higher demand from booming economies in those
> other states, power for California is in shorter supply and more
expensive
> when the state can get it. Now there are accusations that some suppliers
> to California have taken advantage of their market leverage to extract
> premium prices for power.
>
>         There's nothing illegal in angling for a better price or in
> using futures markets and other trading techniques, as some generators
may
> have done. If any stepped over the line to illegal collusion, federal and
> other investigations will determine the facts.
>
>         But who gave the generators the market leverage to exploit
> us? The California regulators, legislators and utilities did. Told to
sell
> their generating plants in 1998, the utilities sold dozens of plants in
> package deals of two and three to single buyers. They received premium
> prices from buyers such as AES Corp., Duke Energy, Southern Co. Reliant
> Energy, Dynegy and NRG. The premiums were paid for the market leverage
> that multiple plants afforded the buyers.
>
>         Nobody in the utilities reckoned that they were handing
> market leverage to potential commercial adversaries. Nobody in the
> Legislature or the regulatory staffs reckoned that the central Power
> Exchange could be held up by market leverage.
>
>         As outsiders often say about Californians: "Maybe it's the
> sunshine makes them slow."
>
>         (END)
>
>         05:23 EDT August 25, 2000
>         Copyright , 2000 Times Mirror Company
>
>
>
>


Can you take care of this?
 -----Original Message-----
From: 	Lim, Francis S.
Sent:	Wednesday, January 09, 2002 10:48 AM
To:	Gossett, Jeffrey C.
Subject:	Mark to market values by deals

RUSSELL I DIAMOND
Phone : (713) 345-7095
Had requested that I should get in touch with you.

He has a list of 2491 deals that he wants Mark-to-market values for specific dates.
- Mark to market for Dec 11 for Deals that are on the Bankrupcy book
- Current mark to market for deals that are on the PG  book
- Current mark to market for deals on other books, other than the Bankrupcy book and the PG book

I told him that the mark to market values are on the forward detail and the option detail
report if you have the post_id.  He said that he does not know that post_id's for these
calcs. I don't have the post_id's either.

I have created a program for him last week and also spend the entire day yesterday
to give him what he needs and it still not what he wants because:
	- the post_ids that the program pick up is wrong.
	- values are duplicated because it uses several post ids
	- values are missing because it is the wrong post ids

Russell said that I have to provide the post_ids for these calcs.
I told him I can not do that because I don't know the post_ids either.

Francis


The request has been completed with all resources requested either completed or rejected. You can view the details of the  request by clicking http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000065483&Page=MyReq.


here is our update.  i think we should have this adequately documented by
Monday night.

  ----- Forwarded by Linda Robertson/NA/Enron on 04/15/2001 10:43 PM -----

	Sarah Novosel
	04/13/2001 06:05 PM

		 To: James D Steffes/NA/Enron@Enron, Linda Robertson/NA/Enron@ENRON, Richard
Shapiro/NA/Enron@ENRON
		 cc:
		 Subject: Re: BENEFITS OF OPEN ACCESS - EXPANSION OF SUPPLY

Linda:

Attached are some examples of ways in which open access will help increase
supply.  It's a work in progress, but here are my initial thoughts.

Also, Jim and I spoke with Tabors and Pickle and got clarification on the
numbers we used in making the point that supply will increase with open
access.   They said that the 2-5 percent works in the east (AEP) but they
would like to be more conservative in the west (1-3 percent increase in
supply).  This still results in an increase of supply on any given day of
1,350 - 4,050 of MW.  I made this change to the "Examples" page but we'll
need to make a similar change to the Lay paper.

Call me this weekend if you need me (202) 466-9160.

Sarah

	James D Steffes
	04/13/2001 05:43 PM

		 To: Linda Robertson/NA/Enron@ENRON, Sarah Novosel/Corp/Enron@ENRON, Richard
Shapiro/NA/Enron@Enron
		 cc:
		 Subject: BENEFITS OF OPEN ACCESS - EXPANSION OF SUPPLY

HERE ARE SOME OTHER THOUGHTS TO MAYBE WORK IN OVER THE COMING DEBATES --

There are real supply benefits from open access.

First, reliability is increased.   Historically, utilities shared reserves
only with adjoining systems.  Open access allows sharing of reserves,
especially replacement reserves, over a broader market.

Second, open access increases the productivity of the current generation
portfolio.  Barriers to moving power to where it is needed allows less costly
generation to sit idle.  In addition, open access reduces the generation
capacity requirements of the overall system.  Instead of local utilities
building for their needs, open access allows remote generation to reliably
serve local needs.  The result is that lower capacity is required as more
energy is served out of the same quantity of capacity, resulting in long-term
efficiency.

Third, open access should improve the utilization of the current transmission
network.  In the natural gas context, pipeline open access has allowed for
transported volumes nearly quadrupling since 1985.


Find attached the EGM Management Summary and Hot List as of 6/1/01.  Please contact me if you have any questions/comments.

Thanks,
Jeff

 -----Original Message-----
From: 	Green, Alisa
Sent:	Monday, June 04, 2001 8:35 AM
To:	Smith, Jeff E.
Subject:	Mgmt Summary and Hot List ending 6/1


-----Original Message-----
From: epluribusunum@gsdm.com [mailto:epluribusunum@gsdm.com]
Sent: Wednesday, October 17, 2001 5:26 AM
To: rshapiro@enron.com
Subject: 'I am an American'

If Videomail doesn't play click here.  <http://vmail.hellonetwork.com/viewer/control/r?M=1&O=278&R=rshapiro@enron.com&C=53FCB4F3-9D5D-4811-93DA-50918DB6D1A0&P=14338>

  <http://vmail.hellonetwork.com/pub/iam/american/images/experience.gif>


Paul, Mark,

FYI, here's copy of a change in name notification to National Futures
Authority regarding Enron Metals Limited (formerly MGL)

J
---------------------- Forwarded by Justin Boyd/LON/ECT on 03/10/2000 19:46
---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "Ned Swan" <Ned.Swan@simmons-simmons.com>
03/10/2000 19:08

To: <processing@nfa.futures.org>
cc:

Subject: Attention: Yvette Christman

Please note: This e-mail is confidential and may also be privileged. Please
notify us immediately if you are not the intended recipient. You should not
copy it, forward it or use it for any purpose or disclose the contents to any
person.
-----------------------------------------------------------

Dear Ms. Christman,

Please find attached a letter explaining the name change of
Metallgesellschaft Limited, NFA ID 0209538 to "Enron Metals Limited" which I
have previously discussed with you by telephone.

I will also post a copy of the attached letter to you.

Thank you very much for your courtesy and help.

Sincerely yours,

Ned Swan
Simmons & Simmons
London
Tel: 02(0) 7825-4561

------------------------------------------------------------
Simmons & Simmons
21 Wilson Street
London
EC2M 2TX

Tel +44 (0)20 7628 2020
Fax +44 (0)20 7628 2070
DX  12 London/Chancery Ln

An international law firm
London Paris Brussels Lisbon Milan Rome Abu Dhabi Hong Kong Shanghai New York

A list of partners at each office can be provided on request.

www.simmons-simmons.com

www.elexica.com is the award winning interactive online legal resource by
lawyers for lawyers, powered by content from Simmons & Simmons.

 - 8; 692237 - LTR, Yvonne Christman for ENS, 3 Oct, so2.doc


Article in today's NGI...

 Natural Gas Intellingence, Wednesday, December 6, 2000

Transwestern Adds Receipt and Delivery Points
Transwestern Pipeline is going through a growth spurt with eight new
interconnect projects in service or under way, which will add 300 MMcf/d in
market area deliveries and 285 MMcf/d in new supply receipts. The new or
expanded connection points will enhance shipper access to both new supplies
and markets.
"There is not a direct relationship between the two [delivery and receipt
interconnects]," said Jeff Fawcett, a Transwestern representative. "It is
kind of coincidental in nature that they came at the same time, but we have
ongoing activities to connect new supply and create additional opportunities
for gas to both be received into Transwestern as well as be delivered out of
Transwestern."
Included in the delivery interconnect projects, Transwestern, an Enron unit,
recently put 100 MMcf/d into service for new access to markets around Las
Vegas with completion of the Southwest Gas interconnect located in the West
of Thoreau area.
Two other delivery interconnects are expected to be in service during the
second quarter of 2001. Transwestern will add a 120 MMcf/d delivery
interconnect with Citizens Arizona Gas for deliveries to the Griffith Energy
Power Plant and a 90 MMcf/d delivery interconnect to a soon to be completed
Calpine plant, both located near Kingman in the West of Thoreau area.
On the supply side, Transwestern recently has added an 80 MMcf/d receipt
interconnect in the East of Thoreau area with Natural Gas Pipeline Co. The
company also said that it has hooked up a new wellhead supply interconnect
with Enron Oil & Gas located in the East of Thoreau area. The addition will
bump current supply from 20 MMcf/d to more than 35 MMcf/d.
Transwestern also has three receipt projects scheduled for completion early
next year. The pipeline said it expects to increase receipt capacity by 100
MMcf/d at its interconnect with Red Cedar Gathering south of La Plata in the
San Juan area later this month, and to put a new 50 MMcf/d receipt
interconnect with Red Cedar Gathering in service by March 2001. The company
also is planning to complete a new 40 MMcf/d receipt interconnect with El
Paso Field Services in East of Thoreau which is scheduled to be in service
January 2001.
Transwestern Pipeline's system consists of approximately 2,700 miles of
natural gas pipeline with combined east-west delivery capability of 1.7
Bcf/day. For further information on transportation with Transwestern Pipeline
Co., contact Fawcett at 713-853-1521.


-----Original Message-----
From:  Guerriero, Michael
[mailto:IMCEAEX-_O=ENRON_OU=NA_CN=RECIPIENTS_CN=NOTESADDR_CN=49D074D3-F28B91D5
-86256908-664FCE@ENRON.com]
Sent: Monday, February 19, 2001 4:28 PM
To: Kishkill, Joe
Cc: Lavorato, John
Subject: Arcor

I am of the opinion it will close Wednesday. Legal teams meeting tomorrow for
final review. Municipal Resolution received and accepted by our legal today.
Bank transfers being set up tomorrow for Wednesday 2 pm. But we have been
here before. Will advise.

MFG

Joe Kishkill
02/19/2001 07:08 PM
To: John J Lavorato/ENRON@enronXgate
cc: Michael Guerriero/SA/Enron@Enron

Subject: Re:

The municipality approved the outstanding issue and produced a resolution.
Haedicke needs to review the resolution.  If no issues in the resolution then
we should close on Wednesday.  Mike is working the details...anything to add
Mike?

Kish

From: John J Lavorato/ENRON@enronXgate on 02/19/2001 11:25 AM CST
To: Joe Kishkill/SA/Enron@Enron
cc:

Subject:

What happened with Arcor.

Lavo


All,

OK, we need to move ahead with the ERisk MOU and NDA.  We will be meeting
with ERisk December 12th and these documents will need to be executed for us
to have that meeting.  Per the series of emails below I believe we agreed
with most of the following actions:

1)  David and Tana will pull together the NDA and email it to ERisk for
comments by 12/1/00.  The provisions of the NDA needs to be congruent with
Section F of the MOU.

2)  ERisk will return the comments by 12/4/00.

3)  David and Tana will finalize the NDA and submit to Leslie for approval by
12/5/00.

4)  Leslie will review and approve the NDA, initial and return to David Dupre
by 12/5/00.

5)  David will fax and email the NDA to Richard by 12/5/00.

6)  Richard will co-ordinate with Denis to sign both the NDA and MOU by
12/7/00.

7)  Richard will FedEx the NDA to ERisk in New York by 12/7/00

8)  David will follow-up with ERisk  to assure that the documents are signed
before December 12th.

Please let David know if you will not be able to make the time lines so we
can make other arrangements.

Thanks in advance for your help.

Craig

Leslie Hansen
12/01/2000 11:59 AM
To: David P Dupre/HOU/ECT@ECT
cc: Tana Jones/HOU/ECT@ECT, Craig Chaney/HOU/ECT@ECT

Subject: Re: Erisk MOU and NDA

David:

As we discussed, this CP is expecting to receive a revised NDA to replace the
form we previously sent to them.  Accordingly, I will have Tana prepare a new
form of NDA, which I will modify a bit to incorporate their proposed
revisions to the previous draft to the extent they are acceptable, and send a
revised draft to the counterparty.

With regard to the MOU, I have left Dennis a voice mail explaining that I do
not feel comfortable picking up an MOU in the middle of negotiations.  I do
not agree that it needs to be the same lawyer drafting the MOU and the NDA
and intend to discuss this issue with him.

I have briefly discussed the general issue of our involvement in the
representation of EnronCredit.com with Mark Taylor and will follow up with
some more helpful guidelines next week.  In the meantime, I'll work on the
ERisk NDA.

Regards,

Leslie

	David P Dupre
	12/01/2000 10:39 AM

		 To: Leslie Hansen/HOU/ECT@ECT
		 cc:
		 Subject: Re: Erisk MOU and NDA

Tana asked me to give you this NDA draft document which we forwarded to Erisk
yesterday morning followed
by their comments which you have a copy of.

Thanks
David 3-3528

Leslie Hansen
12/01/2000 09:32 AM
To: Richard Sage/LON/ECT@ECT
cc: Craig Chaney/HOU/ECT@ECT, David P Dupre/HOU/ECT@ECT, Denis
O'Connell/LON/ECT@ECT, Tana Jones/HOU/ECT@ECT
Subject: Re: Erisk MOU and NDA

I will negotiate the NDA for David's group.  The counterparty had several
comments to the NDA that David sent out yesterday, so I will need to respond
to those in order to finalize the document.

Denis has drafted the MOU, and I will leave it to him to finalize that
document after he has addressed any issues raised by the counterparty with
regard to the MOU.

Regards,

Leslie Hansen

	Richard Sage
	12/01/2000 05:38 AM

		 To: David P Dupre/HOU/ECT@ECT
		 cc: Denis O'Connell/LON/ECT@ECT, Leslie Hansen/HOU/ECT@ECT, Craig
Chaney/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT
		 Subject: Re: Erisk MOU and NDA

David,
Denis told me yesterday that the same lawyer needs to do NDA and MOU (the NDA
is an extension of the MOU) and that Leslie was looking at the NDA so should
do the MOU as well.
I suggest that you give Denis a call to clarify.
Leslie should mail Denis (and copy me) with the final documents saying they
are OK, Denis will initial them, and I will get them signed and send them
wherever they are required.

I'll publish a general procedures guide later so everything works smoothly
going forward!

Regards,
Richard

David P Dupre
01/12/2000 02:22
To: Richard Sage/LON/ECT@ECT
cc:

Subject: Erisk MOU and NDA

How is this going?

There is an appendix A under Section E of the MOU which is
a non-disclosure agreement.

We are working on this NDA with Tana Jones of ENA Legal.

Cheers,
David


Good morning Jessica,

I'd like to be able to forward Wharton this week, Mr. Whalley's bio and his
mechanical needs (i.e. overhead projector, LDC panel, etc.) for his
presentation of December 13th.

Please let me know as soon as possible.

Regards,

Cindy


Mike, is this taken care of ?  Thanks. Lynn

 -----Original Message-----
From: 	Lynn Blair
Sent:	Sunday, June 24, 2001 3:22 PM
To:	Michael Bodnar; John Buchanan
Cc:	Lynn Blair
Subject:	RE: IDD/Park & Ride Transfer

Mike, can you follow up with the team, Chris and Sue to be sure we are
all on the same page on this issue?  Thanks. Lynn
---------------------- Forwarded by Lynn Blair/ET&S/Enron on 06/24/2001 10:19 AM ---------------------------
From:	Chris Sebesta/Enron@EnronXGate on 06/22/2001 11:28 AM
To:	Sue Neville/ENRON@enronXgate, Lynn Blair/ET&S/Enron@ENRON
cc:	Frank Semin/ENRON@enronXgate

Subject:	RE: IDD/Park & Ride Transfer

I assumed Kaztex were nominating on the timely, but after our storage discussions at today's Morning Meeting, I need to check.  I will instruct them to do so.  This should then clear up their accounts.

Thanks!

 -----Original Message-----
From: 	Neville, Sue
Sent:	Friday, June 22, 2001 9:57 AM
To:	Sebesta, Chris; Blair, Lynn
Cc:	Semin, Frank
Subject:	RE: IDD/Park & Ride Transfer

Chris,

The tariff prohibits us from makeing transfers between storage points, not any NNG policies.   Are they making the nomination from Mid 17 to Demarc Storage on the timely process?  If they are, they should have been able to get injections, as we have not been allocating the timely process the last few days.

Sue

 -----Original Message-----
From: 	Sebesta, Chris
Sent:	Thursday, June 21, 2001 5:24 PM
To:	Blair, Lynn; Neville, Sue
Cc:	Semin, Frank
Subject:	IDD/Park & Ride Transfer

Earlier this month, Marketing entered into a negotiated rate deal with Kaztex for one day transport from Demarc to Eagle.  It was Kaztex's intention to withdraw the gas they had in their IDD/Park & Ride account to bring their balance down to zero.  The negotiated rate deal required extensive review and the customer was tendered the contract at 11:52 AM.  Market Services held open the window to accomodate their late nomination.

Herein lies the problem, the Kaztex scheduler withdrew the Park & Ride from the Demarc Storage Point because Demarc was their Primary Receipt Point on the transportat contract.   Instead, they should have withdrew from their Ogden and Mid 17 Storage balances.  To date, they have tried to nominate a transport from the Mid 17 and Ogden points to Demarc Storage but the Storage Nominations continue to be allocated.

I understand it is not Northern's policy to transfer storage between two points without a transportation transaction, however, I would request for this specific case Northern would administer a transfer thus preventing any possible MIC charges at the end of the month.  I estimate the transport revenue being waived to be approx. $44 (2345 MMBtu from Mid 17 Storage * $0.019 plus 720 MMBtu from Ogden at $0 cost).  The negotiated rate deal easily made up this amount.

If you agree with allowing the transfer of the storage balances, please let me know and I will alert the appropriate scheduler and Kaztex.

Thank you for your consideration.

Chris Sebesta
Northern Natural Gas
Office:  402-398-7064
Fax:      402-398-7413
chris.sebesta@enron.com


The market received the announcement of Larry's retirement and Bill's
succession very calmly.   I talked to each of our analysts and elaborated a
bit on the news and answered their questions:
 - Why is Larry leaving?  Was there any "hidden" reason?
 -  What is Bill's background?
 - Does this signal any change in strategy or direction from Enron?
 - Do we anticipate any other change in the business as a result of this
management change?

Several said that "since this seems to not be a big change (in direction or
strategy), I'm not going to write anything on it".

The unit price did not reflect much change.   The units opened Monday (the
day of the news) at $29, blipped up some 3/16  just after the press release,
and then settled back to the opening price.   Tuesday opened strong, trended
up $.50 in heavy volume and then again settled to $29.   Wednesday's price
closed up 1/16, at $29.0625.

Daily volumes were:  Monday 27,400 units
            Tuesday 50,200 units
                 Wednesday 20,800 units

We were hoping to communicate that this would be a fairly seamless transition
and continue NBP's history of solid, fairly conservative management, and it
appears that the market interpretted it exactly that way.


This is to confirm my understanding of the BTRC's resolutions on the presentations made on Centana, Applied Terravision and Bridgeline.

Centana - The transaction was presented and no objections were raised.  I plan to work with Chip Schneider of the RAC group to circulate the DASH and have it executed.  I will also work with the commercial counterparty to finalize a transaction that is consistent with the terms presented in the DASH.

Applied Terravision - The deal was discussed and all parties agreed that it made sense to sell the warrants prior to the anticipated closing of the AT and COG merger (expected 3/15) in order to insure that some profits accrue to the benefit of ENA's creditors.  That being said, it was determined that it wasn't worth expending any political capital with the Bankruptcy court in order to obtain the expeditious treatment that would be required.  Melanie Gray is scheduled to speak with John Frankini (sp?) of Milbank later today to determine whether this sale could be construed as an ordinary course disposition.  If they jointly conclude that it can be, we will move forward with the sale of the warrants unless the buyer insists upon a court order.  I expect to hear back from Melanie later today.  Assuming that I get the green light, Jeff Bartlett and I will get the DASH circulated and work to complete the sale of the warrants.

Bridgeline - We discussed the need to pay bonuses and give merit increases to the Bridgeline employees.  Everyone seemed to be on-board provided that we made sure that the ENA seconded employees would not participate in any ENA retention plan but rather just be limited to the proposed Bridgeline bonuses and merit raises.  Ray Bowen has already communicated with Robert Jones to make sure that the ENA/Bridgeline employees will not be double-dipping and therefore, my understanding is that we have the necessary approval to vote in favor of paying these amounts (a bonus schedule was provided at the meeting and retention was discussed as being 3.5% of current salaries).

Please advise as soon as possible if you believe that I am in error on any of the foregoing points.

Thanks

Stuart


Ina:
Can you get a small drink refrigerator for the office stocked with:
Water (lots)
Diet Coke
Coke
Dr. Pepper
Diet Pepsi
Various Fruit Drinks

Thanks,
John


Please check on the actual storage capacity volume on FSS contract 63304.
I'm showing 7,503,838 dth and I'm thinking it might be closer to 7,000,000.

Thanks


When: Tuesday, January 15, 2002 1:00 PM-2:00 PM (GMT-06:00) Central Time (US & Canada).
Where: EB15c1

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


It looks great.
m


Richard:

Attached are current drafts of the Master Agreement, together with Cover Sheet, Amendments, Schedules and Exhibits, and the Guaranty Agreements for the Mirant entities.  The Cover Sheet still needs information from Karen Donovan, as certain of the telephone numbers and account numbers belong to EPMI.

Scott


There were some conversations regarding getting the Index Option into RisktRAC.  It may be that they are not there yet.  Zhiyun was working with the RAC IT, she would know the latest.

Stacey

 -----Original Message-----
From: 	Postlethwaite, John
Sent:	Tuesday, October 16, 2001 4:45 PM
To:	White, Stacey W.
Subject:	Index option

Stacey, the index option is showing just as a physical deal with a position. I am wondering if this is creating positions in Risk Trac because our peak position does not tie with the bench mark. The difference is close to the index option but not quite.

John

John Postlethwaite
EPMI-West Power Risk Management
503-464-7756


That sounds great to me, see you on Wed.

Majed
-----Original Message-----
From: Gerald.Nemec@enron.com
To: nnachawa@Central.UH.EDU
Sent: 7/26/01 12:06 PM
Subject: RE: Your summer clerk

Let's plan on Wednesday.  How about we meet at Treebeard's in the tunnel
around 12.  Let me know if that works for you.  If you are not a fan of
Treebeards we can do something else.

    -----Original Message-----
   From:   "Nachawati, Nabil, M" <nnachawa@Central.UH.EDU>@ENRON

[mailto:IMCEANOTES-+22Nachawati+2C+20Nabil+2C+20M+22+20+3Cnnachawa+40Cen
tral+2EUH+2EEDU+3E+40ENRON@ENRON.com]

   Sent:   Wednesday, July 25, 2001 10:22 AM
   To:     Nemec, Gerald
   Subject:  RE: Your summer clerk

    Tuesday is fine with me, or in the alternative, Wed. is also fine.
Just
   let
   me know Gerald, since I know you might have lunch plans with one of
your
   girlfriends j/k.

   Talk to you soon,

   Majed
   -----Original Message-----
   From: Gerald.Nemec@enron.com
   To: nnachawa@Central.UH.EDU
   Sent: 7/23/01 5:07 PM
   Subject: RE: Your summer clerk

   No problem.  I will just destroy the direct deposit slip.  Good luck
   with
   the write on competition.  Lunch sounds great.  This week is kind of
   busy
   but maybe next week.  Tuesday or Wednesday?  Yes, I guess we can
allow
   Debra to go with us.

   Gerald

       -----Original Message-----
      From:   "Nachawati, Nabil, M" <nnachawa@Central.UH.EDU>@ENRON

[mailto:IMCEANOTES-+22Nachawati+2C+20Nabil+2C+20M+22+20+3Cnnachawa+40Cen
   tral+2EUH+2EEDU+3E+40ENRON@ENRON.com]

      Sent:   Monday, July 23, 2001 2:54 PM
      To:     Nemec, Gerald
      Subject:  Your summer clerk

      Gerald,

      I am so sorry that I have not gotten back with you regarding the
   message
      you
      left me. I have just been so busy with the write on competition
for
   law
      review. It is finally over thank god. Anyway, I have electronic
   deposit,
      so
      I don't need my check stub. How is everything with your new clerk?
I
      hope
      all is well with you. Let me know when you are free for lunch so
we
   can
      all
      go out (I guess we will drag Debra along j/k). Anyway, I want to
say
      that it
      was great working with you. Write back soon.

      Best Regards,

      Majed Nachawati

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

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.

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


I have reveiwed the GISB standards (with Theresa Hess) and the data elements for the posting of imbalance information associated with netting and trading has a manditory posting requirement which includes the shipper and, if applicable, the shipper's agent for all imbalances.  Therefore, we have not included in NNG's filing a modification to allow for a "trading fee".  If you have any questions or concerns, please let me know.  Thanks MW


<<Energy Emergency Timeline.pdf>>  <<5-18-01.pdf>>

If you have any questions, please call me at 916-319-2005.

Richard Costigan, III
Chief of Staff
Office of the Assembly Republican Leader
California State Assembly
Phone:(916) 319-2005

 - Energy Emergency Timeline.pdf
 - 5-18-01.pdf


anyone interested in chatting with this person?  thanks. df

-----Original Message-----
From: Laura Watton [mailto:laura@canadianinstitute.com]
Sent: Friday, November 16, 2001 3:37 PM
To: dfossum@enron.com
Subject: Hello From Canada

Hello Drew,

It was great to speak briefly with you today!

The reason for my call is that I am doing research for a conference
on Mexico and Latin American Gas. I was interested in speaking
with you about what you think people need to know about what is
going on those areas. (ie) Who are the major players, what are the
major political and regulatory issues, what are some of the barriers
to doing business?? I am also interested in having a speaker from
Enron, and I was wondering if you might be able to give a few
suggestions. I am thinking of holding the conference in early May,
in Houston. Is that a good time?

I look forward to your response.
Thank you.
Laura Watton


---------------------- Forwarded by Patrice L Mims/HOU/ECT on 12/01/2000
11:00 AM ---------------------------

	From:  Kevin Ruscitti                           11/30/2000 02:35 PM

To: Patrice L Mims/HOU/ECT@ECT
cc:
Subject: FOM

P,

Please forward this to GD.  Thanks,

Kevin


FYI.  Consider the meeting time shown in the attached as firm; I'll work on the location and get back to you on it.

RH

 -----Original Message-----
From: 	"Motley, Tom" <Tom.Motley@ElPaso.com>@ENRON [mailto:IMCEANOTES-+22Motley+2C+20Tom+22+20+3CTom+2EMotley+40ElPaso+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Wednesday, June 20, 2001 4:48 PM
To:	Hill, Garrick
Cc:	Field, David
Subject:	Tenaska IV Meeting List.xls

 <<Tenaska IV Meeting List.xls>>
This should be a fairly accurate list of those attending the various
meetings from elpaso. Please make sure I got the times right.

******************************************************************
This email and any files transmitted with it from the ElPaso
Corporation 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
sender.
******************************************************************

 - Tenaska IV Meeting List.xls


Did you get the changes that we discussed yesterday included before the
response to the RFP went to CMS?

Also, please send me a copy of the complete response to the RFP, assuming you
have that.  You mentioned yesterday that the document we were reviewing was
only part of the package.  I would like to see the whole thing.

Thanks.


Hi Girls!
It's that time again.  We need to get everyone together for our annual
Christmas Dinner.  I have spoken to many of you and tried to come up
with a good time for everyone.  Unfortunately, there doesn't seem to be
a "perfect day", but how about Friday-Dec. 22nd?  Please respond and
tell me what you think.  I have had a few suggestions for a
place-Churrasco's, America's, Ruggles, Benji's, Sullivans-please send a
suggestion.  Don't say it doesn't matter because majority vote will win
and there will be no recount.  The time will probably be around 8 p.m.
I know the 22nd is close to Christmas, so the 19th has also been
suggested-but I am afraid not everyone will be in town yet.  Please send
me your thoughts on the day, restauraunt, and if we should plan
something after dinner.  I can't wait to see everyone and hope all can
make it!
-Laura


Tana,  are you available for a call tomorrow afternoon?  If so please le me
know what time is of yuor convenience.  Thanks.

Regards,

Andrea

From: Tana Jones@ECT on 10/09/2000 08:49 AM CDT
To: Andrea Calo/SA/Enron@Enron
cc:
Subject: Argentine Customers List

----- Forwarded by Tana Jones/HOU/ECT on 10/09/2000 08:49 AM -----

	Frank L Davis
	10/06/2000 10:58 AM

		 To: Tom Moran/HOU/ECT@ECT, Bradley Diebner/HOU/ECT@ECT, Karen
Lambert/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT
		 cc: Lisa Lees/HOU/ECT@ECT
		 Subject: Argentine Customers List

Attached below is the Argentine customer list for EnronOnline.  My
understanding is that we will launch EnronOnline in Argentina within the next
couple of weeks.  With this in mind, I think we will have to shoot for the
end of next week (October 13) to have customer profiles completed.  Please
let Lisa Lees know of any conflicts or issues that arise.

Thanks!

Frank

---------------------- Forwarded by Frank L Davis/HOU/ECT on 10/06/2000 10:36
AM ---------------------------

Leonardo Pacheco@ENRON
10/03/2000 05:19 PM
To: Frank L Davis/HOU/ECT@ECT
cc: Carlos Alatorre/NA/Enron@Enron
Subject: Argentine Customers List

Frank,

It seems now that we are going to proceed with Argentina. Therefore, I am
attaching the customer list. I am not sure if you already have it.

Thanks!

Leonardo Pacheco

---------------------- Forwarded by Leonardo Pacheco/Corp/Enron on 10/03/2000
04:16 PM ---------------------------

Patrick Hansen
10/03/2000 04:40 PM
To: Leonardo Pacheco/Corp/Enron@Enron
cc:

Subject: Customers

Esta es la lista que querias.


John,

Would you confirm (via a new email that I can print for my files) you have
had the conversations with Dan Bruce, etc. about Entelligence that I scripted
for you in a prior email?

Thanks a lot.

Michelle


I spoke to Alfred Pennisi from MG today.  MG clears their own trades and
maybe some for other customers.  He indicated that his cost for clearing is
$3.05 round turn. If this is accurate, we need to evaluate whether clearing
ourselves and issuing cp every night is less expensive than paying a higher
clearing rate and getting access to financing.  This is a question I hope
your analysis of the true cost of clearing will answer.

Also, fyi, over the past two days I have done two 6,000 lot EFP's with El
Paso under the same structure I explained to you previously whereby long
futures are transferred from his account to mine to lower initial margin
costs.


Okay.  I will inform the ENA commercial team that they will need to allocate
the total available line with ECTRIC.  I believe separate masters with
separate credit thresholds will be required.  Though I would appreciate input
from legal if we can somehow net Vitol S.A. (Swiss) with its US unit, Vitol
S.A. Inc. under one master and thus set only one, global limit without the
need to allocate.

Lee Munden@ECT
08/09/2000 03:42 AM
To: Paul Radous/Corp/Enron@ENRON
cc: David Hardy/LON/ECT@ECT, Neil R Anderson/LON/ECT@ECT

Subject: Vitol S.A.

Paul

Yes, we have received figures for end 12/99 plus unaudited figs for 31/5/00.
I believe Neil is doing the analysis and will input them into CAS - credit
Analysis shortly.

Lee
---------------------- Forwarded by Lee Munden/LON/ECT on 09/08/2000 09:43
---------------------------

From:  Paul Radous @ ENRON
         08/08/2000 21:22

To: Lee Munden/LON/ECT@ECT
cc:

Subject: Vitol S.A.

Lee

Just wanted to follow up and see if we have received the updated financials
yet from Vitol.

Paul


Start Date: 10/13/01; HourAhead hour: 15;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2001101315.txt

Error retrieving HourAhead price data - process continuing...
---- Energy Import/Export Schedule ----
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 10/13/01
  TIE_POINT: MALIN_5_RNDMTN
  INTERCHG_ID: EPMI_CISO_YELLOW
  ENGY_TYPE: WHEEL
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 10/13/01
  TIE_POINT: PVERDE_5_DEVERS
  INTERCHG_ID: EPMI_CISO_YELLOW
  ENGY_TYPE: WHEEL


how?  daddy always gets action.


Here's an outline of what I was thinking of using. Obviously, there are huge
holes in it, but I wanted to see if I'm on the right track.

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 07/14/2000 02:51
PM ---------------------------

	Enron North America Corp.

	From:  Kay Mann                           07/14/2000 02:10 PM

To: Laura Luce/Corp/Enron@Enron, Fred Mitro/HOU/ECT@ECT, Rusty
Stevens/Corp/Enron@ENRON, Gregg Penman/Corp/Enron@Enron, Thomas
Suffield/Corp/Enron@ENRON
cc:

Subject: Peoples document

Here's where I am:

Kay


SCOTT'S WEATHER FOR 6/5/2001

Allergies got you down? Visit weather.com/outlook/health/allergies
http://ww9.lfmn.com/s/s.asp?q=1004428047l1c186168r2295e1S8180

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

================
IN THE SPOTLIGHT
================

WEATHERQUEST
http://ww9.lfmn.com/actv/sr2.asp?u=1004428047&v=8180&e=S&cf=1&pr=2295&c=186389&pa=44
Interested in winning the ultimate Hawaiian adventure?   Ever imagine yourself exploring the wonders of "the big island" and mountain biking down a volcano?  Here's your opportunity to win an unforgettable experience by sharing your most incredible weather story and participate in a new adventure by The Weather Channel and weather.com,... WeatherQuest. Click below for more info...
http://ww9.lfmn.com/s/s.asp?q=1004428047l1c186389r2295e1S8180

=====================
YOUR WEATHER FORECAST
=====================

-Your Local Forecast-
YOUR WEATHER FORECAST FOR Houston, TX

DETAILED FORECAST
Today: Cloudy with scattered thunderstorms. High 81. Winds E 10 to 15 mph. 50% chance of precipitation. Rainfall accumulations of about an inch.

Tonight: Mostly cloudy with thunderstorms. Low 75. Winds E 5 to 10 mph. 90% chance of precipitation. Rainfall accumulations of an inch or more.

Tomorrow: Cloudy with scattered thunderstorms. High 86. Winds S 5 to 10 mph. 50% chance of precipitation. Rainfall accumulations around an inch.

Tomorrow night: Variably cloudy with scattered thunderstorms. Low 76. Light S to SE winds. 50% chance of precipitation. Rainfall accumulations of about a half an inch.

Doppler Radar Maps
http://www.weather.com/weather/map/USTX0617?name=index_large&day=1

Current Conditions
http://www.weather.com/weather/local/USTX0617

Regional Audio Forecast
http://ww9.lfmn.com/s/s.asp?q=1004428047l1c75636r2295e1S8180

Regional Severe Weather Alerts
http://ww9.lfmn.com/s/s.asp?q=1004428047l2c75636r2295e1S8180

7-DAY FORECAST

TUE - Scattered Thunderstorms
hi 81?F
lo 75?F

WED - Scattered Thunderstorms
hi 86?F
lo 76?F

THU - Partly Cloudy
hi 91?F
lo 73?F

FRI - Partly Cloudy
hi 90?F
lo 72?F

SAT - PM T-Storms
hi 90?F
lo 73?F

SUN - AM T-Storms
hi 90?F
lo 74?F

MON - Partly Cloudy
hi 92?F
lo 74?F

If this is not your city's weather, please click here.
http://ww9.lfmn.com/s/s.asp?q=1004428047l3c75636r2295e1S8180

Click below to check out the weather in Houston
http://www.weather.com/weather/local/USTX0617
Click below to check out the weather in New York
http://www.weather.com/weather/local/USNY0996
Click below to check out the weather in Philadelphia
http://www.weather.com/weather/local/USPA1276

===========
LOCAL LINKS
===========

PLANNER

The Holidays are over and now it is time to enjoy the new year.  If you intend to spend time outdoors, click on one of the links below to plan your day.

Ski
Click below for Local Ski Resorts
http://ww9.lfmn.com/s/s.asp?q=1004428047l30c83858r2295e1S8180
Click below for Check the Snowfall Forecast
http://ww9.lfmn.com/s/s.asp?q=1004428047l31c83858r2295e1S8180
Click below for Snow Quality Map
http://ww9.lfmn.com/s/s.asp?q=1004428047l32c83858r2295e1S8180

Planner
Click below for Schoolday Forecast
http://ww9.lfmn.com/s/s.asp?q=1004428047l46c83858r2295e1S8180
Click below for Aviation Index
http://ww9.lfmn.com/s/s.asp?q=1004428047l47c83858r2295e1S8180
Click below for Home and Garden Index
http://ww9.lfmn.com/s/s.asp?q=1004428047l48c83858r2295e1S8180

=======================
INTERACTIVE MINDERS
=======================

WEATHER INTERACTIVE

Customize My Weather
http://ww9.lfmn.com/s/s.asp?q=1004428047l8c161932r2295e1S8180

Jobs at the Weather Channel
http://ww9.lfmn.com/s/s.asp?q=1004428047l6c161932r2295e1S8180

Talk to Us
http://ww9.lfmn.com/s/s.asp?q=1004428047l7c161932r2295e1S8180

-----------------------------------------------------------
**ADVERTISEMENTS**

It's StormWeek on The Weather Channel?
Tonight - Feel the ferocity of Hurricanes
and meet the people who dare to challenge them.
StormWeek tonight 9pm Eastern and Pacific.
All this week on The Weather Channel.
http://ww9.lfmn.com/s/s.asp?q=1004428047l1c186524r2295e1S8180

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

SCOTT'S weather.com

Improve My weather  Profile
http://ww9.lfmn.com/s/s.asp?q=1004428047l1c163272r2295e1s8180

Change My Registration Information
http://ww9.lfmn.com/s/s.asp?q=1004428047l2c163272r2295e1s8180

Unsubscribe
http://ww9.lfmn.com/s/s.asp?q=1004428047l3c163272r2295e1s8180

Contact Us
http://ww9.lfmn.com/s/s.asp?q=1004428047l4c163272r2295e1s8180

Privacy Policy
http://ww9.lfmn.com/s/s.asp?q=1004428047l5c163272r2295e1s8180

Powered by LifeMinders.com
http://ww9.lfmn.com/s/s.asp?q=1004428047l7c163272r2295e1s8180

Your e-mail address on record with Weather.com is scott.hendrickson@enron.com.

Weather.com e-mails are never sent unsolicited. Weather.com only sends e-mails to registered members. If you would like to unsubscribe, please click below.
http://ww9.lfmn.com/s/s.asp?q=1004428047l6c163272r2295e1s8180
or send an email with "unsubscribe" in the subject line to Weather@lifeminders.com.

Copyright ? 2001 Weather.com, Inc.  All Rights Reserved.


The list of Rawhide assets - no change since June.

 -----Original Message-----
From: 	Freeland, Clint
Sent:	Tuesday, September 04, 2001 2:18 PM
To:	Howard, Kevin A.
Subject:	FW: Rawhide Investments

Kevin -
Here is the latest run of assets in Rawhide.  The first file is Ponderosa and the second one is Sundance.  As Stephanie mentioned in her note, Paladin has been sold, and the Ponderosa loan was reduced from $740 mln to $691 mln in August.  If you need anything else, let me know.
CF

 -----Original Message-----
From: 	Smith, Stephanie
Sent:	Tuesday, September 04, 2001 2:12 PM
To:	Freeland, Clint
Subject:	Rawhide Investments

I have attached the Statement of Investments as of June 30, 2001.  Since then Paladin (in Sundance) has been sold.  Also, in August, the Ponderosa Loan was paid down.  The balance was $740m, but is now $691.  Please let me know if you have any questions.  Thanks.


Steve,

I sold EFS. I think insurance stocks are going up
on the hopes of further interest rates cuts.

We bought 100 books.

Yes, please, send me the copy of an article.

Vince

Steve Bigalow@ENRON
02/12/2001 09:50 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: books

Good Morning,

Welcome back. Will get some picks to you tonight. Are you still in EFS?  Hope
so, it is breaking out to new levels today.

Question, the new book on Deriatives, how many copies did the company
purchase on the initial run?

Also, there was an article about the 90%  non-recourse loan programs in
E-COMPANY magazine this month, do you want a copy of the article?

Steve


Chris

I just get Greg's reports on the intranet page. You don't have to e-mail me.


Attached is the second draft of Enron's comments to FERC on ICAP.  The structure of the paper is summarised below:

1.  RTO's are a positive step forward for the industry.
2.  Spot markets are a necessary part of RTO development to ensure that the RTO can manage real time realiability.
3.  A well functioning spot market eliminates the need for separate capacity type products such as ICAP, reserve margin (i.e. it achieves the objectives of iCap).  The paper incorporates theoretical and emperical evidence from other sectors of the economy and deregulation in other parts of the world to support this conclusion.
4.  During the transition from a regulated environment to RTO's there may be a 'political' need for ICAP.  Specifically states that any interim proposal should be limited to 2 years after RTO implementation.
5.  If that is the case, the paper sets out the two common theoretical platforms which can be used as a basis for ICAP.
6.  Proposes two options based on the theroetical platforms.

We would appreciate input on two issues.

Firstly, Enron needs to make a decision on whether to limit our position to reliance on spot markets (i.e. don't suggest an interim solution).  While this is attractive, it is unlikely that Enron will get support from other participants (ICAP payments subsidize generation investment so no support from IPP's and consumers are not as confident as Enron that competitive markets will maintain reliability so they will want to sustain ICAP).

Secondly, drafting comments on the paper generally.  Please note that the final section, that proposes the Enron solution, requires substantial redrafting which will be done if the consensus is to propose such a solution.

A final draft will be sent out on the morning of Tuesday 10/16, the paper will be filed Wednesday.

regards
Mike ext. 57634

PS.  i don't want to sway opinion but i thought it may be useful to state my view.  I think that we concentrate on the rationale supporting RTO's and effective spot markets as mechanisms that achieve the goals of ICAP (i.e A spot market is Enrons solution).  Instead of proposing specific ICAP related solutions, we state that if others have different views, these should be debated in a specific FERC forum and any resulting separate iCap proposal if implemented should be interim in nature and minimise spot market distortions....


Hi my sweet and empty piggy.  I love you too.  I slept pretty good with weird dreams, but nothing too bad.  Have a great day and eat good stuff.  Talk to you later lovey.
Wuts
--
Angelica Paez <ampaez@earthlink.net>
From: "Griffith, John" <John.Griffith@ENRON.com>
Date: Tue, 23 Oct 2001 08:40:59 -0500
To: <ampaez@earthlink.net>
Hey sugar, how are you doing?  I feel pretty good today.  I guess
because of the prunees last nite.  I love and miss you very much.  I
just wanted to say hi and I loved you.
Have a wonderful day and I will talk to you later.
The Pigs
PS  Try to remind me to take my breakfast foods to work.  Thanks
**********************************************************************
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.
**********************************************************************


----- Forwarded by Richard B Sanders/HOU/ECT on 09/05/2000 10:36 AM -----

	"Robert Stephens" <rstephens@bracepatt.com>
	08/30/2000 09:58 AM

		 To: <richard.b.sanders@enron.com>
		 cc:
		 Subject: Qualitech Berry

Attached.

 - #995226 v4 - BERRY OFFER LETTER.doc


This request has been pending your approval for  45 days.  Please click
http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000024686&Page=
Approval to review and act upon this request.

Request ID          : 000000000024686
Request Create Date : 3/21/01 8:04:40 AM
Requested For       : juan.padron@enron.com
Resource Name       : TradeWave SPP
Resource Type       : Applications


We're home this weekend - might go sailing (you're welcome to come if you
want) but nothing big planned.  I'm in NYC next Wed - Sun., T's in a swim
meet in Atlanta next weekend, NYC after that.  Nothing planned for the 26/27
weekend & still toying with the idea of Seattle for the 4th.


Jeff, Sue & Harry --

Michael and I are both in SF on Monday evening.  We were talking about
getting together some time in the evening to put together a framework of our
case around the Negative CTC in "bankruptcy" terms.

Does everyone agree and does the time work?

Jim


Hi.

How's it going?

Any more thoughts on tomorrow night?  We could ask your mother to sit for a
little while.  I think it is pretty neat to get invited to the Enron one.

The head of the power trading legal group stopped by and said to let her know
if I ever want to change groups.  I thought that was nice.

I'm contemplating doing something special with Michael over spring break.  I
figure you guys have lots of "guy only" stuff coming up, but there aren't a
lot of "mom/son" opportunities.  (be realistic)  Maybe we should take a
Disney cruise, since that's something you wouldn't like to do.

Love,

ckm


---------------------- Forwarded by Matthew Lenhart/HOU/ECT on 03/28/2001
11:57 AM ---------------------------

"Ryan Lee" <ralee@rmi.net> on 03/27/2001 05:39:29 PM
To: "Ted Leighty" <tedleighty@yahoo.com>, "Pedar Kjesth"
<pederleifkjeseth@hotmail.com>, <merlinm@uswest.net>,
<matthew.lenhart@enron.com>, "JAKE Istnick" <jakeistnick@hotmail.com>, "David
Shaw" <davidishaw@yahoo.com>, <danielkbrock@hotmail.com>, "Claude.Aldridge"
<Claude.Aldridge@yellowglobal.com>, "Chris Tuttle" <cbtuttle@hotmail.com>,
"Brian Beggs" <brbeggs@hotmail.com>, "Ben Abendroth" <bda76@yahoo.com>,
"Bagby, Joel" <jbagby@caprock.com>, "Andy Patton" <andy.patton@wcom.com>
cc:

Subject: Fw: What We've Learned From Watching Porn......

SO TRUE!!
?
----- Original Message -----
From: Lee, Ryan
To: 'ralee@rmi.net'
Sent: Tuesday, March 27, 2001 3:55 PM
Subject: FW: What We've Learned From Watching Porn......

?
-----Original Message-----
From: Williams, Zach
Sent: Tuesday, March 27, 2001 3:39 PM
To: Lee,  Ryan
Subject: FW: What We've Learned From Watching Porn......

?
?
Message-ID: <F174Ba1kg3AmsfGdMNF00001bcb@hotmail.com>
From: Steve Renz <steverenz@hotmail.com>
To: salwolf93@yahoo.com, jamesadamic@hotmail.com, johnbucklar@hotmail.com,
cdolan17@hotmail.com, Banjoglass@hotmail.com, joegregg@earthlink.net,
mjmorty@hotmail.com, lakerob@yahoo.com, MWright4u@aol.com
Subject: Fwd: What I've Learned From Watching Porn
Date: Tue, 27 Mar 2001 13:21:05 -0700
MIME-Version: 1.0
X-Mailer: Internet Mail Service (5.5.2653.19)
Content-Type: multipart/alternative;
boundary="----_=_NextPart_003_01C0B711.156EBDC0"

----Original Message Follows----
From: "Brett Beezley" <b_beezley@hotmail.com>
To: ALBOULWARE@YAHOO.COM, matha@kumc.edu, TOBLOOMER@YAHOO.COM,
briancboukalik@eaton.com, BRANTPETERSON@HOTMAIL.COM,
Aaron_Brinkman@na.dole.com, bej2147@hotmail.com, PDT2139@aol.com,
cpete26689@aol.com, alexgfranz@hotmail.com, ajennings2@yahoo.com,
jeremiahdavis@teleline.es, JOHNNYWARREN98@YAHOO.COM, mkopes@yahoo.com,
kkrehbiel@kumc.edu, NWARREN48@YAHOO.COM, MTAYLOR7@KC.RR.COM,
steverenz@hotmail.com, forth23@hotmail.com, lakerob@yahoo.com,
mikedrussell@hotmail.com, TRENTMARQUARDT@HOTMAIL.COM,
treyprice_2000@yahoo.com, tennistucker@aol.com, ryan.vanhorn@labone.com,
rossvogel@birch.net, wyatt_22311@yahoo.com
Subject: Fwd: What I've Learned From Watching Porn
Date: Tue, 27 Mar 2001 13:08:16 -0600

>From: "Jacob Reimer" <jrjhawk@hotmail.com>
>To: jcoffin@ukans.edu, pmcgiffert@hotmail.com, b_beezley@hotmail.com,
>bherrman@eagle.cc.ukans.edu, dardots@aol.com, jgarner77@hotmail.com,
>gizz1dmb@hotmail.com, urdaddy15@hotmail.com, bhagman30@hotmail.com,
>rhymus@aol.com, mcmahonsean@hotmail.com, snewcs@yahoo.com,
>mike_newhouse@hotmail.com, peter.crump@escout.com, kpolian@echelontech.com,
>psak19@hotmail.com, chacer@eagle.cc.ukans.edu, rjwoody@eagle.cc.ukans.edu,
>franksciara@hotmail.com, johnny@genesishealthclub.com,
>tavis.crump@valrad.com, tmcasc1925@aol.com
>Subject: Fwd: What I've Learned From Watching Porn
>Date: Tue, 27 Mar 2001 12:52:05 -0600
>
>
>
>
>>From: "Robert Fanelli" <fanelli44@hotmail.com>
>>To: mfanelli@twcny.rr.com, jbarryiipoops@hotmail.com,
>>gizz1dmb@hotmail.com, roepanimal@hotmail.com, jrjhawk@hotmail.com,
>>drc@hotmail.com, jake50k@myvzw.com, billymags@hotmail.com,
>>jtv5407@hotmail.com, melissawilbur@hotmail.com, Timmit1971@hotmail.com
>>Subject: What I've Learned From Watching Porn
>>Date: Tue, 27 Mar 2001 10:06:47 -0500
>>
>>What I've Learned From Watching Porn
>>
>>1.? Women wear high heels to bed.
>>2.? Men are never impotent.
>>3.? When going down on a woman 10 seconds is more than satisfactory.
>>4.? If a woman gets busted masturbating by a strange man, she will not
>>??? scream with embarrassment, but rather insist he have sex with her.
>>5.Women smile appreciatively when men splat them in the face with sperm.
>>6.? Women enjoy having sex with ugly, middle-aged men.
>>7.? Women moan uncontrollably when giving a blowjob.
>>8.? Women always orgasm when men do.
>>9.? A blowjob will always get a woman off a speeding ticket.
>>10. All women are noisy fucks.
>>11. People in the 70's couldn't fuck unless there was a wild guitar solo
>>??? in the background.
>>12. Those tits are real.
>>13. A common and enjoyable sexual practice for a man is to take his
>>??? half-erect penis and slap it repeatedly on a woman's butt.
>>14. Men always groan "OH YEAH!" when they cum.
>>15. If there is two of them they "high five" each other.(and the girl
>>??? isn't disgusted!)
>>16. Double penetration makes women smile.
>>17. Asian men don't exist.
>>18. If you come across a guy and his girlfriend having sex in the
>>??? bushes, the boyfriend won't bash seven shades of shit out of you
>>??? if you shove your cock in his girlfriend's mouth.
>>19. There's a plot.
>>20. When taking a woman from behind, a man can really excite a woman by
>>??? giving her a gentle slap on the butt.
>>21. Nurses suck patient's cocks.
>>22. Men always pull out.
>>23. When your girlfriend busts you getting head from her best friend,
>>??? she'll only be momentarily pissed off before fucking the both of
>>??? you.
>>24. Women never have headaches... or periods.
>>25. When a woman is sucking a man's cock, it's important for him to
>>??? remind her to "suck it".
>>26. Assholes are clean.
>>27. A man ejaculating on a woman's butt is a satisfying result for all
>>??? parties concerned.
>>28. Women always look pleasantly surprised when they open a man's
>>??? trousers and find a cock there.
>>29. Men don't have to beg.
>>30. When standing during a blowjob, a man will always place one hand
>>??? firmly on the back of the kneeling woman's head and the other
>>??? proudly on his hip
>>
>>
>

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