John,

See below.
---------------------- Forwarded by David Oxley/HOU/ECT on 07/11/2000 10:55
AM ---------------------------
From: Sheila Knudsen@ENRON on 07/11/2000 10:43 AM
To: David Oxley/HOU/ECT@ECT
cc: Jeanette Salinas/HOU/ECT@ECT
Subject: Re: July 5 Grant Awards

David -

Jeannette is out this week.  I confirmed with Corp. Compensation the
following:

July grants were priced on July 5 - grant price of $66.4375

Belden and Swerzbin are each receiving 20,000 options ($400,000 value @ $20
Black-Scholes for 5-year options).

Let me know if you have any other questions.

Sheila

David Oxley@ECT
07/10/2000 08:02 AM
To: Jeanette Salinas/HOU/ECT@ECT
cc: Sheila Knudsen/Corp/Enron@ENRON

Subject: Re: July 5 Grant Awards

Jeannette,

Two things:

1 - I was told comp committe met Friday 7th so I guess I just want to be sure
about July 5 strike price
2 - Belden and Swerzbin had 5 year options what were their scholes and
exactly how many were they granted?

Thanks

David

Jeanette Salinas
07/07/2000 11:52 AM
To: Cindy Skinner/HOU/ECT@ECT, Robert Jones/Corp/Enron@ENRON, Sheila
Walton/HOU/ECT@ECT, Gary Buck/HOU/ECT@ECT, Kim Melodick/HOU/ECT@ECT, Brad
McSherry/HOU/ECT@ECT, Norma Villarreal/HOU/ECT@ECT, Hector
McLoughlin/Corp/Enron@Enron, Teresa Bien/Corp/Enron@Enron, Philip
Conn/Corp/Enron@ENRON, Fran L Mayes/HOU/ECT@ECT, Dawn Doucet/CAL/ECT@ECT,
Ryan Seleznov/Corp/Enron@Enron, Ted C Bland/HOU/ECT@ECT, Edward
Anderson/Corp/Enron@ENRON, Mark Broadfoot/HOU/ECT@ECT, Jennifer
Cronin/Corp/Enron@ENRON, Amanda Curless/Corp/Enron@ENRON, Becky
Quintana/Corp/Enron@ENRON, Jennifer Richard/HOU/ECT@ECT, Debi
Vanwey/HOU/ECT@ECT, Tony Vasut/HOU/ECT@ECT, Chris Williams/HOU/ECT@ECT,
Elspeth Inglis/Corp/Enron@Enron, Valeria A Hope/HOU/ECT@ECT, Jane
Allen/HOU/ECT@ECT, Toni Graham/Corp/Enron@Enron, Shanna
Funkhouser/Corp/Enron@ENRON, Neil Davies/Corp/Enron@ENRON, Chris
Williams/HOU/ECT@ECT, Dave Hill/Corp/Enron@Enron, Amy FitzPatrick/PDX/ECT@ECT
cc: Yvonne Laing/HOU/ECT@ECT, Kari Oquinn/HOU/ECT@ECT, Sheila
Knudsen/Corp/Enron@ENRON, Donna Salazar/Corp/Enron@ENRON, Cynthia
Gonzalez/Corp/Enron@Enron, Janet De La Paz/HR/Corp/Enron@ENRON, Irma
Alvarez/HOU/ECT@ECT, David Oxley/HOU/ECT@ECT, Ramona
Perkins/Corp/Enron@Enron, Cynthia Ramirez/HOU/ECT@ECT, Simone Scott
Walker/Corp/Enron@ENRON, Marlow Anderson/Corp/Enron@Enron, Todd
Burke/NA/Enron@ENRON, Rhonna Palmer/HOU/ECT@ECT
Subject: July 5 Grant Awards

To All:

Per Corporate Compensation, all miscellaneous stock awards (June submission
-July Grant Awards) have been approved with a grant date of July 5.  These
awards were approved at the closing price on July 5 - $66.4375, and at a
Black - Scholes value of $25 for a 7 -  year term and $28 for a 10 - year
term.

The ratio for a 7-year option remains at  .365.  This ratio  will be reviewed
and updated as needed and is subject to change. Please encourage the focus on
the dollar value the equity grant is intened to deliver vs. how many options
will be awarded.  With the volatility of Enron stock, the BSV can change from
time to time, which could effect the number of options awarded.

Regards,
Jeanette

I


Linda:
I am a medium.

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

	Linda J Noske
	09/06/00 01:48 PM

		 To: Alan Aronowitz/HOU/ECT@ECT, Roger Balog/HOU/ECT@ECT, Peggy
Banczak/HOU/ECT@ECT, Sandi M Braband/HOU/ECT@ECT, Robert
Bruce/NA/Enron@Enron, Teresa G Bushman/HOU/ECT@ECT, Bob Carter/HOU/ECT@ECT,
Michelle Cash/HOU/ECT@ECT, Barton Clark/HOU/ECT@ECT, Harry M
Collins/HOU/ECT@ECT, Mary Cook/HOU/ECT@ECT, Shonnie Daniel/HOU/ECT@ECT,
Angela Davis/NA/Enron@Enron, Peter del Vecchio/HOU/ECT@ECT, Stacy E
Dickson/HOU/ECT@ECT, Shawna Flynn/HOU/ECT@ECT, Robert H
George/SA/Enron@Enron, James Grace/Corp/Enron@ENRON, Barbara N
Gray/HOU/ECT@ECT, Mark Greenberg/NA/Enron@ENRON, Wayne Gresham/HOU/ECT@ECT,
Mark E Haedicke/HOU/ECT@ECT, Leslie Hansen/HOU/ECT@ECT, Brent
Hendry/NA/Enron@Enron, Jeffrey T Hodge/HOU/ECT@ECT, Dan J Hyvl/HOU/ECT@ECT,
Anne C Koehler/HOU/ECT@ECT, Dan Lyons/HOU/ECT@ECT, Kay Mann/Corp/Enron@Enron,
Travis McCullough/HOU/ECT@ECT, Lisa Mellencamp/HOU/ECT@ECT, Janet H
Moore/HOU/ECT@ECT, Janice R Moore/HOU/ECT@ECT, Julia Murray/HOU/ECT@ECT,
Gerald Nemec/HOU/ECT@ECT, Marcus Nettelton/NA/Enron@ENRON, Martin W
Penkwitz/ENRON_DEVELOPMENT, David Portz/HOU/ECT@ECT, Michael A
Robison/HOU/ECT@ECT, Elizabeth Sager/HOU/ECT@ECT, Richard B
Sanders/HOU/ECT@ECT, Lance Schuler-Legal/HOU/ECT@ECT, Sara
Shackleton/HOU/ECT@ECT, Shari Stack/HOU/ECT@ECT, Carol St Clair/HOU/ECT@ECT,
Lou Stoler/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Sheila Tweed/HOU/ECT@ECT,
Steve Van Hooser/HOU/ECT@ECT, Ann Elizabeth White/HOU/ECT@ECT, Stuart
Zisman/HOU/ECT@ECT, Susan Bailey/HOU/ECT@ECT, Kimberlee A
Bennick/HOU/ECT@ECT, Samantha Boyd/NA/Enron@Enron, Genia
FitzGerald/HOU/ECT@ECT, Nony Flores/HOU/ECT@ECT, Susan Flynn/HOU/ECT@ECT,
Linda R Guinn/HOU/ECT@ECT, Ed B Hearn III/HOU/ECT@ECT, Mary J
Heinitz/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Deb Korkmas/HOU/ECT@ECT, Matt
Maxwell/Corp/Enron@ENRON, Laurie Mayer/HOU/ECT@ECT, Mary Ogden/HOU/ECT@ECT,
Debra Perlingiere/HOU/ECT@ECT, Robert Walker/HOU/ECT@ECT, Kay
Young/HOU/ECT@ECT, Merrill W Haas/HOU/ECT@ECT, Stephanie
Panus/NA/Enron@Enron, Greg Johnston/CAL/ECT@ECT, Peter Keohane/CAL/ECT@ECT,
Mark Powell/CAL/ECT@ECT, Chris Gaffney/TOR/ECT@ECT, Mark Elliott/LON/ECT@ECT,
Denis O'Connell/LON/ECT@ECT, Robert Quick/LON/ECT@ECT, Karen E
Jones/HOU/ECT@ECT, Dale Rasmussen/HOU/ECT@ECT, Christian Yoder/HOU/ECT@ECT,
John Viverito/Corp/Enron@Enron, Andrea Calo/SA/Enron@Enron, Jane
McBride/AP/Enron@Enron, Mark Evans/Legal/LON/ECT@ECT, Matthias
Lee/SIN/ECT@ECT, Alan Larsen/PDX/ECT@ECT, Suzanne Adams/HOU/ECT@ECT, Sheri L
Cromwell/HOU/ECT@ECT, Gloria Cruz/Corp/Enron@Enron, Joya Davis/HOU/ECT@ECT,
Janette Elbertson/HOU/ECT@ECT, Kaye Ellis/HOU/ECT@ECT, Carolyn
George/Corp/Enron@ENRON, Jenny Helton/HOU/ECT@ECT, Taffy
Milligan/HOU/ECT@ECT, Linda J Noske/HOU/ECT@ECT, Pat Radford/HOU/ECT@ECT,
Linda J Simmons/HOU/ECT@ECT, Dina Snow/Corp/Enron@Enron, Twanda
Sweet/HOU/ECT@ECT, Becky Tlucek/HOU/ECT@ECT, Brenda Whitehead/HOU/ECT@ECT,
Chaundra Woods/HOU/ECT@ECT
		 cc:
		 Subject: LEGAL CONFERENCE - SHIRT SIZE

PLEASE FORWARD YOUR SHIRT SIZE TO ME (S, M, L, XL, ETC.) AS SOON AS POSSIBLE,
BUT NO LATER THAN FRIDAY, SEPTEMBER 8, 2000.

THANK YOU!!!!


cheap shot (cheep shot) noun

   1. An act of intentional roughness against an opponent, especially in
      a contact sport.

   2. An unsportsmanlike remark or action directed at a known weakness of
      another.

   "We don't care if he's Time magazine's `Person of the Year' or not,
   that was a cheap shot New York Mayor Rudolph Giuliani took at Boston
   and its police."
   Editorial: Rudy Giuliani Shows Skin Still Very Thin, The Boston Herald,
   Dec 29, 2001.

Today's AWAD is sponsored by NannyTax, Inc., providing tax compliance
services to employers of domestic help. For useful information and
a free consultation, please visit: http://www.nannytax.com
AND
Eastern Informatics, providers of information technology solutions to the
healthcare enterprise. Visit us at http://www.easterninformatics.com

............................................................................
In everyone's life, at some time, our inner fire goes out. It is then burst
into flame by an encounter with another human being. We should all be
thankful for those people who rekindle the inner spirit. -Albert
Schweitzer, philosopher, physician, and musician (1875-1965)

Send your comments to anu@wordsmith.org. To subscribe or unsubscribe, send
a message to wsmith@wordsmith.org with "Subject:" line as "subscribe <Name>"
or "unsubscribe". Archives, FAQ, gift subscription form, bulletin board,
and more at http://wordsmith.org/awad/

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


Dear Amazon.com Customer,

Come experience the holidays at Amazon.com. We've thought of
everything to make your gift giving easier--plus, for a limited
time, we're offering free shipping on orders over $99.

http://www.amazon.com

Whether you're shopping for books and CDs, electronics and DVDs, or
housewares and toys, you'll find a huge selection, great deals, and
convenient gift services, too:

- Wrap & Ship--Let us do the work (you can take the credit).
- Wish List--Make shopping easier for your loved ones.
- Gift Certificates--Easy, fast, and always appreciated.

We hope you'll stop by today and start your holiday shopping now to
take advantage of free shipping. Discover how easy it can be to
find, buy, give... and relax.

http://www.amazon.com

Sincerely,

Amazon.com Holiday Team

We hope you enjoyed receiving this message. However, if you'd rather
not receive future e-mails of this sort from Amazon.com, please
visit the Help page named Updating Subscriptions and Communication
Preferences through the link below, then click the Customer
Communication Preferences link.

http://www.amazon.com/unsubscribe

Please note that this message was sent to the following e-mail
address:

plucci@enron.com


I do not show any contracts between ENA and DTE Energy Trading.  Any trading
with DTE would be under general terms and conditions.


Start Date: 1/26/02; HourAhead hour: 13;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002012613.txt


Brian T. Hoskins
Enron Broadband Services
713-853-0380 (office)
713-412-3667 (mobile)
713-646-5745 (fax)
Brian_Hoskins@enron.net

----- Forwarded by Brian Hoskins/Enron Communications on 11/17/00 09:43 AM
-----

	Milson Mundim
	11/17/00 09:05 AM

		 To: Brian Hoskins/Enron Communications@Enron Communications
		 cc:
		 Subject: New Gore Campaign Sign

----- Forwarded by Milson Mundim/Enron Communications on 11/17/00 09:11 AM
-----

	Brian Blakely
	11/16/00 04:45 PM

		 To:
		 cc: (bcc: Milson Mundim/Enron Communications)
		 Subject: New Gore Campaign Sign

Brian C. Blakely
Enron Broadband Services
Transaction Development & Structuring
e-mail:  brian_blakely@enron.net
Phone:  713-853-1433
Mobile:  713-516-0622
Pager:  877-638-1546


I'm told that APS filed against PG&E and "APEC"? also filed against PG&E.

Best,
Jeff

	Vicki Sharp@EES
	02/14/2001 07:17 PM

		 To: Peggy Mahoney/HOU/EES@EES, Marty Sunde/HOU/EES@EES, Dan
Leff/HOU/EES@EES, Mike D Smith/HOU/EES@EES, James D Steffes/NA/Enron@Enron,
Richard Shapiro/NA/Enron@Enron, Mark Palmer/Corp/Enron@ENRON, Jeff
Dasovich/NA/Enron@Enron
		 cc: Janet R Dietrich/HOU/ECT@ECT, David W Delainey/HOU/ECT@ECT
		 Subject: Re: PG&E SEC Filing

FYI, the attached PGE filing makes mention of two complaints filed with the
CPUC seeking collection of unpaid PX credits.  Peggy, if the press tracks
these complaints down, you may get several press inquiries tomorrow.
Jeff, can we figure out who filed  the other complaint?
Please forward as appropriate.
---------------------- Forwarded by Vicki Sharp/HOU/EES on 02/14/2001 06:37
PM ---------------------------
From: Michael Tribolet@ENRON on 02/14/2001 07:04 PM
To: Mike D Smith/HOU/EES@EES
cc: James D Steffes/NA/Enron@Enron, Jeff Dasovich/NA/Enron@Enron,
jklauber@llgm.com, mday@gmssr.com, Robert C Williams/Enron@EnronXGate@EES,
Susan J Mara/NA/Enron@Enron, Vicki Sharp/HOU/EES@EES, Wanda Curry/HOU/EES@EES
Subject: Re: PG&E SEC Filing

Per your request, please see the attached.

	Mike D Smith@EES
	02/14/2001 05:37 PM

		 To: Michael Tribolet/Corp/Enron@Enron, Wanda Curry/HOU/EES@EES, Vicki
Sharp/HOU/EES@EES, Robert C Williams/Enron@EnronXGate, mday@gmssr.com, James
D Steffes/NA/Enron@Enron, Susan J Mara/NA/Enron@ENRON, Jeff
Dasovich/NA/Enron@Enron, jklauber@llgm.com
		 cc:
		 Subject: PG&E SEC Filing

Please see the bold language in the article below about PG&E's recent SEC
filing.  Sounds like our "negative CTC's."

Michael--do you have a copy of that SEC filing?  MDS

NEW YORK (Reuters) - PG&E Corp.(NYSE:PCG - news), embattled parent of Pacific
Gas & Electric Co., said on Wednesday it is examining a restructuring of its
bank loans and commercial paper, and that bank lenders on a $1 billion
revolving credit facility to its California electric utility unit won't act
upon that unit's previously announced default until March 6.
San Francisco-based PG&E made the disclosures in a filing late Wednesday with
the Securities and Exchange Commission (news - web sites) (SEC). The utility
had about $1 billion in cash as of Tuesday, PG&E said.
A similar bank deadline affecting credit lines of Southern California Edison
(news - web sites), that state's No. 2 utility and a unit of Rosemead,
Calif.-based Edison International(NYSE:EIX - news), was to expire on Tuesday.
PG&E also said in its filing that as of Monday, Pacific G&E, California's No.
1 utility, may not have paid as much as $433 million of ``energy credits'' to
customers who have chosen to buy their electric energy from a provider other
than Pacific G&E. The utility is required under state regulations to offer
the credits, it said.
Pacific G&E and SoCal Edison have been unable to recover about $12 billion
because of a rate freeze imposed under California's 1996 utility deregulation
law, which has left them unable to pass on their soaring wholesale power
costs to consumers.


Please find attached the August summary of Enron Europe's Remote offices.
This has now been updated to include Enron Metals locations, but has not been
updated for recent announcements concerning Japan and Australia.

Please could you let me know if there are any changes that need to be made
and if anyone else should be included on the distribution list.

Best Regards,

Lisa Fair
European Financial Operations Administrator
Ext: 37123 DDI: +44 (0)20 7783 7123 Fax: +44 (0)20 7783 8291


to my knowledge...we kept the "status quo" for sept (third qt)...that is, it "grew" by another $100,000.

from an acctg perspective we do have some flexibility to set the reserve at a level deemed appropriate

 -----Original Message-----
From: 	Gilbert, Steve
Sent:	Tuesday, October 09, 2001 1:40 PM
To:	Hayslett, Rod
Cc:	Geaccone, Tracy; Saunders, James; Korbelik, Stephanie; Cohrs, Allen; Jones, Dana; Lagerstrom, Karen
Subject:	Utilicorp $1.2 million

I just wanted to close the loop on the question of deferring the $.7million UCU credit to 2002.  The last we talked, it was decided that we could not defer the credit because of cash target concerns.  If this is still the directive, we will see a positive variance to Third Current Estimate in October of $1.2 million.

Would you confirm that this is still our decision?  If so, we will include the earnings upside  in our Quarter Forecast next week.

Thanks

 << File: UCU $1.2.xls >>


Are you working on a contract with this company?  Dan said you were looking
at their paper.  They are close to signing our Master with a few revisions.
My contact is Marc Rubenstein.

Please advise.

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


That filing is 17 pages long, however, I'm not able to print the last page -
- I've tried everything!  I'm sending the first 16 pages to you via
interoffice, and I'll have to get with tech support on Monday to find out
about that last page.

Susan, I put a copy of it in you in box up here.


Thanks for ordering from Amazon.com!  Your purchase information
appears below.

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

Did you know you can view and edit your orders online, 24 hours a
day?
Visit Your Account (http://www.amazon.com/your-account), to:

        * Check order status
        * Track packages
        * Cancel unshipped items
        * Combine orders
        * Change payment and shipping options
        * Edit your shipping and billing address
        * Change gift messaging
        * and do much more

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

Purchase Information

E-mail Address:      ebass@enron.com
Billing Address:     Eric P. Bass
                     4848 Pin Oak Park
                     #1503
                     Houston, TX 77081
                     USA
Telephone:           713.853.0977

Subtotal:                       $   124.10
Shipping & handling:            $     8.94
Holiday Shipping Savings:       - $     8.94
                                ----------
Total before Tax:               $   124.10
Estimated Tax:                  $     0.00
                                ----------
Purchase Total:                 $   124.10

=====================================================

Order #1: (Order #102-9335707-9675313)

Shipping to:

        Eric P. Bass
        4848 Pin Oak Park
        #1503
        Houston, TX 77081
        USA

Shipping method: Standard Shipping
Shipping preference: Ship when all items are available.

1 "With the Old Breed : At Peleliu and Okinawa" Eugene B. Sledge,
Paul Fussell (Introduction);  Paperback;  @ $12.76 each
Usually available in 3-5 weeks

---------------------------------------------------------------------
1 "Roosevelt's Secret War: FDR and World War II Espionage" Joseph E.
Persico;  Hardcover;  @ $24.50 each
Usually available in 24 hours

---------------------------------------------------------------------
1 "The Lord of the Rings (Boxed Set)" J. R. R. Tolkien;  Hardcover;
@ $45.50 each
Usually available in 24 hours

---------------------------------------------------------------------
1 "The Hobbit: or There and Back Again" J. R. R. Tolkien;  Paperback;
 @ $9.60 each
Usually available in 24 hours

---------------------------------------------------------------------
1 "The No-Spin Zone: Confrontations with the Powerful and Famous in
America" Bill O'Reilly;  Hardcover;  @ $14.97 each
Usually available in 24 hours

---------------------------------------------------------------------
1 "The Final Days: A Behind the Scenes Look at the Last, Desperate
Abuses of Power by the Clinton White House" Barbara Olson;
Hardcover;  @ $16.77 each
Usually available in 24 hours

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

Need to give a gift? Not sure what to buy? Amazon.com gift
certificates are available in any dollar amount from $5 to $5,000.
We'll deliver it via e-mail or physical mail-- so it's the perfect
last minute gift.
Learn more at http://www.amazon.com/gift-certificates/

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

Did you know that we have Amazon.com gift certificates available?
You can order a gift certificate in any dollar amount from $5
to $5,000. We'll deliver it via e-mail or physical mail--so it's a
perfect last-minute gift. For more details on ordering gift
certificates, please visit the following URL:

http://www.amazon.com/gift-certificates/

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

Got questions? We've got answers. Visit our online Help department,
available 24 hours a day: http://www.amazon.com/help

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

Please note: This e-mail was sent from a notification-only address
that cannot accept incoming e-mail. Please do not reply to this
message.

Thanks again for shopping with us.

-------------------------------------------------------------
Amazon.com
Earth's Biggest Selection
Find, Discover, and Buy Virtually Anything
http://www.amazon.com
-------------------------------------------------------------


Steve,

 My opinion of your organization and the way they chose to handle themselves
in a stressful situation, is such that I prefer not to have any business
dealings with anyone in the entire organization.  I am sure that Matt and
Darryl are good people and good brokers.  The bottom line is ( I do not
believe you are getting)  that I do not want to, and do not plan to do
business with Natsourse today or in the future.


Jeff, I highlighted all items that need to be suspended or changed in
yellow.   I'm still working on the purchases.  I do have 2 significant
purchase items that I want to include on the manual bill.

AND, I'm still working on the pipeline demand charges.  I call you with that
number.


Further to our conference call this afternoon, our plan is to proceed as
follows:

1) Hemstock/Dadson to contact Tom McLaren at Government Policy Consultants to
obtain advice on process to arrange meeting between senior Enron Executives
and Klein, West, and Cardinal.  The meeting would be to discuss steps being
taken by the Alberta Government to address electricity pricing concerns.  We
intend to have GPC make the request on Tuesday Nov 13 with a view to the
request itself attracting attention of senior government officials.

2) Hemstock/Keohane to instruct Blake Cassels & Graydon to prepare letter to
Maury Parsons, Chairman of the Power Pool Council that communicates Enron's
concern that  approval of the rule changes proposed would offend the
obligations of the PPC under the EUA and request PPC to entertain stakeholder
input on these fundamental changes prior to approval, failing which we expect
Enron would proceed with legal action.  The letter would indicate Enron's
preliminary concerns with the proposed rule changes and express a need to
more fully consider the impact of the proposed changes.  The letter will also
emphasize that Enron is willing to work with the Power Pool to review the
experience in other jurisdicitions with similar rule changes and present
other options designed to address the concerns of the Power Pool respecting
Alberta electricity pricing.   Seabron Adamson and Derek Davies/John Zufferli
will provide input on substantive concerns with the proposed rule changes.

3) Hemstock/Milnthorp to call Lorry Wilson, CEO of Power Pool, Dale McMaster
COO Power Pool, Maury Parsons, Chairman, Power Pool Council, and Ron George,
Power Pool Council Member prior to Blakes letter being sent to express
Enron's procedural and substantive concerns with the proposed rule change.

4) Hemstock/Milnthorp to contact the following group of generation developers
and encourage them to immediately contact Power Pool Council members to
express concern with substance of these rule changes and the process under
which they are being effected:
 i) Rick Kline - Chairman, Independent Power Producers Society of Alberta
(Hemstock);
 ii) Dick Way - Vice-President, Regulatory Affairs, TransAlta (Hemstock);
 iii) Gary Bauer - President, Atco Power (Milnthorp);
 iv) Mike Broadfoot - President, Engage Energy (Milnthorp);
 v) Karl Johanson - Vice President, TransCanada Energy (Hemstock).

5) Hemstock/Dadson to request GPC and Enron Public Affairs consider
media/government relations strategy, including potential Project Stanley
impact, if Enron does proceed with legal action on this issue.

Please advise if you have additional points that should be in the action plan
that I have not been captured.

Regards,

Rob


I want to take a moment to thank each of you for having a summer Analyst or Associate work on your team. I also want to remind everyone what a high stakes activity this is for Enron.
Based on your recommendation, we will make offers at the end of the summer to those interns who perform, and who you endorse as a potential future member of your team. Those interns who have had a good experience and accept our offer will be the lowest risk hires we make - from any source. We will have effectively interviewed and watched them work for 2-3 months. They also have the potential to be the most effective advocates and talent scouts we have, when they return to campus. On the flip side, those who don't have meaningful assignments, or have bad experiences during the summer can severely hurt our efforts.
Thank you again for being part of this very important activity. If you have any questions, or if areas of concern arise during the summer, please contact Ted Bland (x35275), Traci Warner (x33242) or me (x36671).
We appreciate your contributions to this important effort for Enron.
Billy


-----Original Message-----
From: Nicolay, Christi L.
Sent: Wednesday, October 17, 2001 4:29 PM
To: Steffes, James D.; Kingerski, Harry; Novosel, Sarah; Fromer, Howard;
Landwehr, Susan M.; Guerrero, Janel; Allegretti, Daniel; Roan, Michael;
Hoatson, Tom; Shapiro, Richard; Kean, Steven J.; Presto, Kevin M.;
Belden, Tim; Herndon, Rogers; Black, Don; Misra, Narsimha; Brown, Jeff;
Aucoin, Berney C. ; Maurer, Luiz; Twiggs, Thane; Lavorato, John;
Kitchen, Louise; Dietrich, Janet; Delainey, David; Duran, W. David;
Calger, Christopher F.; Nord, Sue
Subject: Enron's FERC filing opposing icap

Today at FERC, Enron filed a pleading requesting the complete elimination of "icap" as a product (including any "reserve type" products) based on the fact that the real time spot markets of the RTOS can effectively price this in the cost of energy.  The pleading also includes a proposed interim approach (with a two year sunset date).  This pleading was made in response to FERC's request for comments on "Ensuring Sufficient Capacity Reserves In Today's Energy Markets."

The pleading and affidavit of Larry Ruff, PhD are attached.


This E-mail is about a couple of issues I thought we might start coordinating
on.

As I mentioned to you this morning Paul, I thought you should be aware that
Craig Gannett is planning to attend the NW governor's roundtable (that you
will be attending) to monitor it for Cynthia.  I just found this out
yesterday.  I will not be attending.

In addition, here's a version of a paper Craig Gannett is working on
recommending changes to help solve the energy crisis for the NW.  Craig has
been working on this with Cynthia Sanderr and I believe has circulated this
paper in draft form to some degree on the Hill.  I have not given Craig any
comments on the paper as yet.
---------------------- Forwarded by Mary Hain/HOU/ECT on 01/17/2001 09:43 AM
---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "Gannett, Craig" <CraigGannett@DWT.COM>
01/15/2001 12:27 PM

To: "'Sandherr, Cynthia'" <csandhe@enron.com>, "'Hain, Mary'"
<mary.hain@enron.com>
cc:
Subject: Paper on electricity crisis

 Per my voicemail.

 Craig

 <<The Electricity Crisis.doc>>

 - The Electricity Crisis.doc


Mark -

Here is my proposed e-mail to all Microsoft Outlook Exchange Users.  I am
also forwarding a copy of this e-mail to Richard and Bob for their thoughts.

Andy
______________________________________________________________________________
_______________________________________

As a reminder to all Microsoft Outlook Exchange users, Enron has the
following guidelines on the use and retention of electronic mail.

 1. Enron,s electronic mail files are backed up daily. Mail file backup tapes
are recycled every eighth day. Enron,s e-mail system   should, therefore, be
thought of as a temporary storage media.
 2. Folders can be created to assist in managing and storing your electronic
mail communications.
 3. Keep the number of stored electronic mail messages under control, and
purge old messages from your system on a regular   basis.
 4. Recommended maximum retention periods for electronic mail messages are
listed below. (Messages older that the maximum   retention will be purged
automatically).

Message Location	Maximum Retention
Inbox	30 days
Message Log/Sent Mail Folder	30 days
Trash	Rollover from Inbox for one day
Folders	All e-mail messages placed in folders will be destroyed after one
calendar year.


Please note this meeting has now been rescheduled for Thursday, November 15, 2001 from 1:00 - 3:00 PM in EB49C2.

For Omaha participants this meeting will be in OMA 7C2.

Please mark your calendars.

Thank You,
Kathy Campos


stomach problems

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Tuesday, October 23, 2001 3:30 PM
To:	Maggi, Mike
Subject:	RE:

why are you going to the dr?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Tuesday, October 23, 2001 3:30 PM
To:	Rybarski, Amanda
Subject:	RE:

ok

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Tuesday, October 23, 2001 3:26 PM
To:	Maggi, Mike
Subject:	RE:

I am not going to be able to get away...Chris is being a jerk

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Tuesday, October 23, 2001 3:24 PM
To:	Rybarski, Amanda
Subject:	RE:

I am I meant at 3:45

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Tuesday, October 23, 2001 3:22 PM
To:	Maggi, Mike
Subject:	RE:

I thought you were leaving early?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Tuesday, October 23, 2001 3:16 PM
To:	Rybarski, Amanda
Subject:	RE:

no but I still have your stuff do you want to come and get it

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Tuesday, October 23, 2001 2:20 PM
To:	Maggi, Mike
Subject:

By any chance have you found my pager in your car?


I got a clickpaper list today from Carol North.  Is she a new member of
Credit?


Jeff Dasovich,
Make sure you are subscribed to the e204-1 alias for course e-mail.
I received a notice after you message that you were not connected.
If you received the e-mail from me with the course syllabus earlier
this week, you probably are on the alias, but you can check with
Shawn Allison at the Evening MBA office <allison@haas.berkeley.edu>
if you think there is a problem.  Just in case, I am attaching the
files (2) with the course syllabus and assignments.
--Tom McCullough

At 08:44 AM 3/23/00 -0600, you wrote:

>Greetings Professor McCullough:
>
>Unfortuanately, I am travelling and had to miss last nite's session.  I will
>also miss next week's session due to business travel. I do not anticipate
>having
>to miss any others, however.  With respect to the teams, are they assigned,
or
>will we be forming groups ourselves?
>
>Best,
>Jeff
>

 - E204OTL_2000-1.doc
 - E204OTL_2000-2.doc

=======================================================================
Tom McCullough
Senior Lecturer
Haas School of Business
University of California at Berkeley
==========================================================================


Thought you might be interested in this when I found it today.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
The following was sent to you by a friend and comes from
The Motley Fool's Personal Finance and Investing website.
We hope you enjoy the information and can take a moment
to drop by the website and say hello.
It's completely FREE.

http://www.fool.com/index.htm?ref=Yo

***Note - While we hope this was recommended by a friend,
The Motley Fool does not verify the sender's e-mail address.
Thank you.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Fool.com: Annuities -- Annuities: What's to Like?
 (http://www.fool.com/retirement/annuities/annuities01.htm)
Annuities: What's to Like?

As we so often do, let's start with some Foolish conclusions on annuities
(so those who absolutely don't want to read all about them have a quick
exit strategy) and then explain what they actually are. It's no secret
that within the confines of Fooldom, we're not enamored with tax-deferred
annuities (TDAs). We do not find ourselves waxing eloquent, sending
chocolates, or writing Foolish love poems to annuities, as we sometimes do
to individual stocks. The reasons for this are that annuities by and
large:
are too expensive
offer mediocre insurance coverage
restrict the owner's investment choices to so-so, ho-hum, quasi-mutual
fund subaccounts
do, as advertised, provide for tax-deferred investment growth, yet that
growth is taxed at ordinary income tax rates on withdrawal
lack liquidity
We strongly believe that Foolish investors can generally do far better for
themselves elsewhere. Indeed, unless you simply haven't been keeping up
with the stories of how brokers are getting rich with big commissions, and
feel a bizarre need to help out the brokerage community, you should
maintain a strong bias against annuities. They are desirable only (if
ever) for those who:
Have contributed the maximum to their 401(k) plans and IRAs and desire
further tax deferral on investment gains.
Prefer investing in mutual funds as opposed to individual securities.
Will keep the annuity for at least 15 to 20 years.
Are in a 28% or higher income tax bracket today, but expect to be in a
lower income tax bracket in retirement.
Don't need the annuity proceeds prior to age 59 1/2.
Are unconcerned that heirs must pay ordinary income taxes on any
appreciation.
Desire a "guaranteed" income for life in retirement.
If you meet all of those conditions, then an annuity may be quite
appropriate -- but that's a pretty select group of people. Nevertheless,
annuities are promoted and sold by brokers and insurance agents like
they're the some kind of panacea for your retirement. Is that right?

The Basics
Let's back up for a moment, and, now that we're in the middle of things,
restart from the beginning. What, after all, is a tax-deferred annuity?

Regardless of who sells it to you (broker, 401(k) plan, Martian), a TDA is
a contract between you and an insurance company. In exchange for getting
your hard-earned cash today, the insurance company agrees to pay you an
income for a specified period or for your life. Those payments may start
at some date in the future or they may start on the day you buy the
contract.

If the payments are delayed until the future, you have what's called a
deferred annuity. If the payments start immediately, you have an immediate
annuity. You pay for an immediate annuity with a lump sum of cash on the
day you buy it. You pay for a deferred annuity either with a single
lump-sum payment or with a series of payments made over a number of years.
Your investment in the annuity will earn a return, and those earnings will
grow untaxed until you receive annuity payments. Be aware, though, that
unless you purchase an annuity within an IRA, you will receive no tax
deduction for any investment you make in a TDA -- just a tax deferral on
your annuity investment earnings.

The Types
Tax-deferred annuities come in three flavors: fixed, variable, and
equity-index.
Fixed Annuities: As the name implies, a fixed annuity provides a
locked-in, guaranteed rate of return on the investment and a fixed, stable
income in its payout phase. A fixed annuity thus provides a steady
retirement income -- but this steady return can and will be eroded by
inflation. Options are available (at a price, always at a price) to have
your annuity payments increase by 3% to 5% each year should you so desire.

When used, the payments under that feature would initially be lower than a
fixed payment, but over the years the payments will steadily increase at
the specified rate. For those expecting to live many years, the added cost
of this feature might be worth the price, but expect to pay dearly for
this option.

Variable Annuities: Probably the most popular form of annuity these days,
a variable annuity allows the purchaser to decide how to invest the money
within a range of mutual fund look-alike investment options offered by the
insurance company. These investments are called "subaccounts." They often
carry the same name and are operated by the same investment managers as
publicly offered mutual funds, and they will typically offer a selection
of stock, bond, and money market subaccount investments. Nevertheless,
they are not the same funds because by law they cannot be.

While these subaccounts may invest much like a mutual fund, subaccounts
almost certainly will have a different and higher expense structure, and
possibly a far different return than that of the public mutual fund. Thus,
like a mutual fund and unlike the fixed annuity, the returns of the
variable annuity are not stable, and will vary along with the markets.
While this variability does carry downside risk, it nevertheless affords
the annuity buyer the ability to participate in the potentially greater
returns of the stock market. As the stock market rises, so does income
derived from an investment in a stock subaccount. Conversely, as the
market declines, so will income. Still, over the long-term, a variable
annuity invested in a stock subaccount should provide a much better
opportunity for inflation-protected income than a fixed annuity.

Equity-index Annuity: A recent innovation in the insurance industry, an
equity-index annuity is a form of a fixed annuity contract tied to a stock
index that provides the opportunity to earn returns better than those in a
traditional fixed annuity, but less than those of a direct investment in
the market itself. In this contract, the insurance company invests in a
mix of bonds and stock options designed to give a targeted participation
rate (explained below) on the return of a particular index (e.g., the S&P
500 Index). While the purchaser has no choice in the investment itself, he
or she is able to participate to a degree in stock market gains during a
rising market. If stocks fall, then the contract guarantees a minimum
return, typically 3%. Because of that guarantee, the equity-index annuity
has less downward volatility than the variable annuity.

There's no such thing as a free lunch however, so the equity-index annuity
will also limit the maximum returns of a rising market as compensation for
that guarantee. Most equity-index annuities use something called a
"participation rate" to limit returns. For instance, the insurance company
may declare a participation rate of 90% (some companies are as low as
50%), which means the annuity would be credited with only 90% of the gain
experienced by the equity index for that year. If the index gained 10%,
then the gain in the annuity would be 9% for the year.

And that's not the only way these annuities limit the return. Most will
also tie equity-index returns to those deriving from market price changes
only, and exclude any return due to the payment of dividends. As an
example, in 1998 the total return (i.e., capital gains and dividends) for
the S&P 500 Index as reported by Ibbotson Associates was 28.6%, while that
for just capital gains (i.e., market price) was 26.7%. An equity-indexed
annuity tied to the S&P 500 Index would typically use the smaller 26.7%
return. Couple that with a participation rate of 90%, and the return in
the index annuity becomes just 24%, some 4.6% below the total return of
the market. How's that for a double-whammy?
It's Your Choice
For retirees, an annuity offers the assurance of a stream of income for
life or for a specific period of time. For those who fear the potential
loss of all their money because of poor investment choices, that
"guarantee" is important. As Fools, we recognize that this "fear factor"
is real and does enter into many people's investment decisions.
Accordingly, we fault no one who chooses lower risk approaches, and that's
especially true of those who are retired.

But as Fools, we do urge those interested in annuities to recognize their
costs, their investment limitations, and their limited potential for
passing on wealth to heirs. If, after evaluating all those factors, an
annuity still appears appropriate, then as Fools we also urge the purchase
of a low-cost annuity such as one offered by Vanguard, T. Rowe Price,
Fidelity, AnnuityNet.com, or (in some states) TIAA-CREF. Why pay
commissions and high expenses when you don't have to? That enriches the
fat cats at your expense, and no Fool wants to do that. Keep the money in
your pocket instead.

Annuities market themselves on the basis of their ability to avoid
taxation on investment growth through tax-deferral. While it is true that
taxes on earnings are deferred within an annuity, this may not be achieved
in a way that is quite as useful as it sounds. Read about the real pros
and cons of annuity tax-deferral next.

Next: Annuity Taxation »

The Motley Fool is dedicated to Educating, Amusing, and Enriching
all visitors to their website at
http://www.fool.com/index.htm?ref=Yo.

You can become a registered Fool for Free:
http://www.fool.com/community/register/register.asp?ref=Yo&source=Yo


Here's the ratio analysis.  Let me know if you'd like me to put it into a
text table for the presentation.

Best,
Jeff
(See attached file: PEP_OAT_KO financials and ratios.xls)
 - PEP_OAT_KO financials and ratios.xls


Alan --

The only way to collect the "overpayment" is to artificially reduce the PX Credit going forward to thereby allow for more CTC.

Jim

 -----Original Message-----
From: 	Comnes, Alan
Sent:	Wednesday, November 14, 2001 6:15 PM
To:	Steffes, James D.
Subject:	RE: PG&E PX Credit Calculation -- CONFIDENTIAL ATTY CLIENT WORK PRODUCT

I am not sure I understand your second paragraph.  If PG&E reduces going-forward procurement costs to reflect FERC-ordered refunds, I do not understand why it would affect already-issued CTC charges.  The cost of power would be cheaper going forward.

 -----Original Message-----
From: 	Steffes, James D.
Sent:	Wednesday, November 14, 2001 3:24 PM
To:	Comnes, Alan; Dasovich, Jeff; Tribolet, Michael; Curry, Wanda; Mellencamp, Lisa; 'Jan Paul Acton (E-mail)'; Swain, Steve; Mara, Susan
Cc:	Alvarez, Ray
Subject:	RE: PG&E PX Credit Calculation -- CONFIDENTIAL ATTY CLIENT WORK PRODUCT

Thanks for the thoughts.  I fully agree on BF costs and DWR costs.  I believe that you are right on Est RT$ = CAISOM Imbalance, but I need to check.

On the question of retroactive ratemaking, it is my understanding that you are correct.  PG&E probably won't rebill, but will need to put in place an adjustment to the going forward PX Credit to "collect" the overpayment of Negative CTC.

All of this means that the impact of the FERC refund is less than 100c on the $ for the Negative CTC.

Jim

 -----Original Message-----
From: 	Comnes, Alan
Sent:	Wednesday, November 14, 2001 4:35 PM
To:	Steffes, James D.; Dasovich, Jeff; Tribolet, Michael; Curry, Wanda; Mellencamp, Lisa; 'Jan Paul Acton (E-mail)'; Swain, Steve; Mara, Susan
Cc:	Alvarez, Ray
Subject:	RE: PG&E PX Credit Calculation -- CONFIDENTIAL ATTY CLIENT WORK PRODUCT

I assume that if an hourly PX market clearing price is mitigated per a FERC order it would affect variable "HC" in the formula laid out in the attachment.

It is not clear to me which  variable represents hourly ISO imbalance energy costs, but I assume its "Est RT$".  If I am right, that variable would be affected by  the mitigated market price (MMP) for CAISO imbalance energy.

My comments are:

The FERC is able to only order refunds to jurisdictional entities and, given appeals, it may take years before the full extent of thre refunds are known.  Therefore there will be a significant difference between the change in the mitigated market price (MMP) as declared by FERC and the PX credit.  That is, a 10% reduction in the MMP should not be construed as having a 10% effect on the PX credit, assuming it can be recalculated at all.  Specifically, only some of the "HC" or  "Est RT$"  costs can  be adjusted per FERC refund orders.

Also, the PX credit is a tariffed rate.  I do not believe the PU code allows for retroactive adjustments to tariffed rates unless there was an explicit cost tracking account (e.g. a balancing A/C).  To my knowledge, no such account exists here.

Finally, I do not see a relationship between MMPs and (1) block forward costs on any date and (2) PG&E and/or DWR's procurement costs for the net short position post January 19.  So, those PX credit costs should be unaffected by any FERC refund order.

Alan Comnes

 -----Original Message-----
From: 	Steffes, James D.
Sent:	Wednesday, November 14, 2001 7:22 AM
To:	Dasovich, Jeff; Tribolet, Michael; Curry, Wanda; Mellencamp, Lisa; Jan Paul Acton (E-mail); Swain, Steve; Mara, Susan; Comnes, Alan
Subject:	PG&E PX Credit Calculation

Attached is a summary of PG&E's notes on how they calculate the PX Credit (until January 19, 2001 when they hardwired $150/mwh).  We continue to try and get a handle on how the FERC Refund case will impact the PX Credit and Negative CTC.  If anyone has any issues or comments, please let me know.

Thanks.

Jim

 << File: PG&E PX Credit Calculation.doc >>


Jack IS pretty juicy....but we shouldn't waste his precious fluids on Peevish Angelides.

I think sending it directly to Loretta makes more sense....she's the one with the regulatory portfolio over the issue...and Phil's tantrum doesn't deserve the price of stamp, much less a direct response.

Dot

"Dasovich, Jeff" wrote:

> Guess who?  Me again.  You thought about having your guy Jack (who's
> likely got the most juice of anyone in the group) go to the Governor and
> tell him to tell Angelides to knock it off and to back off?
>
> Second, what do you think about sending the letter directly to
> Angelides--after all, he's the one who's being a chowder head--and
> cc'ing Loretta?
>
> Third, I should be able to get you something on our view of RTOs.
>
> Best,
> Jeff
>
> **********************************************************************
> 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.
> **********************************************************************


Darron - sorry - My hard drive crashed two weeks ago and I lost my records
of who did what and how much.  Good news is I should get my restoration
back this week.  Tell me what your OU seats were so I can pair them with
seats close by, or exchange them for four together.

I vaguely remember us talking about OU.  Do you remember how much you paid
me?

When you say two additional tix for next season, do you mean season and OU
or just one or the other?  The only way you can get more OU seats than your
season tix is if someone else in the group doesn't want to buy OU tix with
their season tix.

I'm glad they arrived so quickly.

We'll get it worked out

d

Darron.C.Giron@enron.com on 08/27/2001 12:38:47 PM

To:   David Plaisance/US/FAS/PwC@FAS
cc:
Subject:  RE: Season tix are in

I just got the tickets.  Thanks for sending them.  I paid for 4 OU tickets,
could you only get me 2?  Let me know.  I also wanted to ask you about the
possibility of getting 2 additional tickets for next season.  I know you
get quite a few each year, but don't know if you have extras available.
Thanks again.

DG

    -----Original Message-----
   From:   <david.plaisance@us.pwcglobal.com>@ENRON

[mailto:IMCEANOTES-+3Cdavid+2Eplaisance+40us+2Epwcglobal+2Ecom+3E+40ENRON@ENRON.com]

   Sent:   Wednesday, August 22, 2001 11:37 AM
   To:     Giron, Darron C.
   Subject:  RE: Season tix are in

   OU tix are in!

   We'll work out leaving the tix for you under the mat, unless you'd like
   me
   to fedex them to you.  Let me know

   d

   Darron.C.Giron@enron.com on 08/22/2001 10:42:07 AM

   To:   David Plaisance/US/FAS/PwC@FAS
   cc:
   Subject:  RE: Season tix are in

   It looks like we won't make it to Austin before the 1st.  I'll probably
   just ask you to leave the tix under your front door matt on the day of
   the
   NMSU game and we will stop by to pick them up.  I will verify this with
   you
   next week.  I can't believe the season is already upon us.  Any word on
   OU?

   Thanks
   DG

       -----Original Message-----
      From:   <david.plaisance@us.pwcglobal.com>@ENRON

[mailto:IMCEANOTES-+3Cdavid+2Eplaisance+40us+2Epwcglobal+2Ecom+3E+40ENRON@ENRON.com]

      Sent:   Monday, July 23, 2001 9:47 AM
      To:     Giron, Darron C.
      Subject:  RE: Season tix are in

      Sorry I misspelled your name again.  Just let me know when.  They'll
   be
      here

      d

      Darron.C.Giron@enron.com on 07/23/2001 09:37:06 AM

      To:   David Plaisance/FAS/Price Waterhouse@FAS
      cc:
      Subject:  RE: Season tix are in

      I may be in Austin later this summer.  I'm in no hurry to get the
      tickets.
      If you will, please hang on to them and I'll advise at a later date.
      Thanks.

      DG

          -----Original Message-----
         From:   <david.plaisance@us.pwcglobal.com>@ENRON

[mailto:IMCEANOTES-+3Cdavid+2Eplaisance+40us+2Epwcglobal+2Ecom+3E+40ENRON@ENRON.com]

         Sent:   Sunday, July 22, 2001 3:17 PM
         To:     dgiron@enron.com
         Subject:  Season tix are in

         Darin - The season tickets are in; OU tickets will be mailed
   later.
      How
         do
         you want to pick them up?  Any plans to be in Austin, soon?

         Regards

         David

         512-278-1716 (o)
         512-272-5009 (h)

         ----------------------------------------------------------------
         The information transmitted is intended only for the person or
   entity
      to
         which it is addressed and may contain confidential and/or
   privileged
         material.  Any review, retransmission, dissemination or other use
   of,
      or
         taking of any action in reliance upon, this information by persons
   or
         entities other than the intended recipient is prohibited.   If you
         received
         this in error, please contact the sender and delete the material
   from
         any
         computer.

      ----------------------------------------------------------------
      The information transmitted is intended only for the person or entity
   to
      which it is addressed and may contain confidential and/or privileged
      material.  Any review, retransmission, dissemination or other use of,
   or
      taking of any action in reliance upon, this information by persons or
      entities other than the intended recipient is prohibited.   If you
      received
      this in error, please contact the sender and delete the material from
      any
      computer.

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

   ----------------------------------------------------------------
   The information transmitted is intended only for the person or entity to
   which it is addressed and may contain confidential and/or privileged
   material.  Any review, retransmission, dissemination or other use of, or
   taking of any action in reliance upon, this information by persons or
   entities other than the intended recipient is prohibited.   If you
   received
   this in error, please contact the sender and delete the material from
   any
   computer.

----------------------------------------------------------------
The information transmitted is intended only for the person or entity to
which it is addressed and may contain confidential and/or privileged
material.  Any review, retransmission, dissemination or other use of, or
taking of any action in reliance upon, this information by persons or
entities other than the intended recipient is prohibited.   If you received
this in error, please contact the sender and delete the material from any
computer.


---------------------- Forwarded by Mary Hain/HOU/ECT on 02/23/2001 05:18 PM
---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "Jeffrey Watkiss" <dwatkiss@bracepatt.com>
02/23/2001 06:23 AM

To: <Christian.Yoder@enron.com>, <James.D.Steffes@enron.com>,
<Joe.Hartsoe@enron.com>, <Mary.Hain@enron.com>, <Richard.Sanders@enron.com>,
<steve.c.hall@enron.com>
cc: "Ronald Carroll" <rcarroll@bracepatt.com>
Subject: Re: Hendricks v. Dynegy

I have recommended this before and continue to believe that it should (and
could successfully) be pursued.  Could someone forward the Hendricks
pleading?  On instruction from Richard, I would be happy to start the
lobbying campaign at FERC (and possibly the SG's office as well) to secure
such a supportive pleading.

>>> <Mary.Hain@enron.com> 02/22/01 05:54PM >>>
Today, I worked with Robin Gibbs and Jeff Alexander on an Enron pleading in
the captioned case.  I asked if we had considered asking FERC Staff to file
a "friend of the court" brief detailing how FERC has "occupied the field"
of wholesale rate regulation.  Was this or should this be considered?


Tani,

Look forward to meeting you in Houston. What about Wednesday,
10 a.m. or 8 a.m.?

Vince

Tani Nath
11/07/2000 08:01 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Next week

Vince,

I'm  planning to be over for the management conference next week, arriving in
Houston on Tuesday afternoon.  I would appreciate having an hour with you
either then or on Wednesday.  Could you let me know if you are available
please?

Thanks,
Tani


Cool, nice job.
m

	From:  Gary Hickerson                           10/05/2000 10:48 AM

To: Mike McConnell/HOU/ECT@ECT, Jeffrey A Shankman/HOU/ECT@ECT, ECT
cc:
Subject: Drift

Your schedules are very full so I went ahead and spoke to Mark F. about the
drift budget for 2001 and my thoughts of keeping drift as a consolidated
number (including Europe).  He agreed it would be easier for me to manage it
in a single unit  and will get together with you and Dave D. for agreement.
I suggested that he and all his managers get together with me if additional
explanations are needed.

Hope this is satisfactory.

Gary

Also, Elsa and I meet with Greg on Monday at 10 am for ag review.


Could you please ensure that these books are set up the same in GRMS as in
ERMS.  They have been officialized and are still not pulling the positions in
automatically.  I am having to manually override the post-ids.

 BOOK NAME    6/21/2000 POST-ID

 INTRA-CAND-WEST-PHY  816302

 INTRA-ST-COVE-BAS   816594

 INTRA-ST-COVE-PRC   816593

Thank you,
Robin
x57478


See below. Should I proceed with this?

 -----Original Message-----
From: 	Johnson, Rudwell
Sent:	Wednesday, July 18, 2001 1:15 PM
To:	Perlingiere, Debra; Dickson, Stacy E.
Cc:	Reitmeyer, Jay
Subject:	Credo Petroleum - MP

Attached is a credit worksheet for the listed counterparty.  Kindly prepare a draft Enfolio Master Physical and forward to named contact.

Thanks
Rudwell.
x5-3596.


According to records from the Analysts Program, the following interns will be
working within Energy Operations during the summer.  The assignment stated
below is as reflected in the program's spreadsheet.

Name   School   Start Date Assignment

Luna Carlson  University of Florida  July 5  ENA - Risk Reporting and Analysis

Joshua Koenig  University of Florida  May 22  Energy Operations - Gas
Operations Management

Jolly Jose  University of Houston  June 5   Energy Operations - Gas
Operations Management

Michael Taylor  LSU    May 22  Central Desk Logistics

Daniel Graham  Morehouse   May 15  ENA - Financial Settlements

Angelique Woods University of Texas  May 22  ENA - Risk Management

First, please respond to me today and let me know to whom the analyst will be
reporting and what their responsibilities will be for the summer.  Hopefully
none of this is a surprise and the appropriate arrangements have been made
for desk, phone and computers for all.

Secondly, please make a point of seeking out these interns and welcoming them
to Enron.

Finally, after I know where these analysts are placed, we will have a brief
meeting with the analysts' managers and any of you under whom they will be
working to discuss ideas on making the analysts assignments meaningful this
summer.  I welcome ideas on this from any of you.


Click here: Nonnie's Traditional Southern Gift Cakes - Pound Cake and Fresh
Flowers.
Hi Janie,
Above is the site I was telling you about the cakes... I use egreetings for a
few of my friends that have b'days this month plus Frank and my sons have a
funny greeting waiting for them when they get to work...Thanks.
ej


---------------------- Forwarded by Mark Elliott/LON/ECT on 26/04/2000 18:05
---------------------------

Mark Elliott
30/03/2000 13:55
To: Alan Aronowitz/HOU/ECT@ECT, Robbi Rossi/Enron Communications@Enron
Communications, Cynthia Harkness/Enron Communications@Enron Communications
cc: Kristina Mordaunt/Enron Communications@Enron Communications

Subject: First Draft - Bandwidth Trading Legal Due Diligence Matrix

Further to our conversation of yesterday, I now attach a "first cut" at the
matrix for your review.  Please note that I have not, at this stage, even
attempted to ascribe responsibility to any individuals for exploring the
various issues as I assume that, among others, that will be an issue which we
shall have to discuss.

This matrix does not contain the issues arising out of the European Merger
Control regulations which may be applicable to the formation of the BTO -
however a separate short matrix on that issue will follow shortly.

Kind regards

Mark


LIVELINK SUPPORT BACKUP

I wanted to inform you that I will be out of office from tomorrow through Monday,
November 26. In my absence, Karen Phillips will be responsible for assisting you with any Livelink questions.

Please don't hesitate to contact her at (713) 345-4953 should you need assistance.

Thank you and Happy Thanksgiving!

Simone Lewis
Enron North America - HR
713-853-1645


Hey Clement & Ben, got your calls -- sorry haven't returned them yet, but I'm
swamped this week --> LM6000 marathon-o-rama. How's tomorrow afternoon
sometime 3-5pm? If there are no rooms available in EB, I can probably get one
over here in 3AC fairly easily. We can review both estimates if you like. Let
me know if this works for you all.

Clement Lau@ECT
02/02/2000 05:30 PM
To: Scot Chambers/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:

Subject: Re: Santee Cooper Project Preliminary O&M Estimate

Scot:

I would like to further discuss the analysis and format you have provided us
for Lincoln and Santee Cooper. Besides me, I might include George McCormick,
Ben Rogers, and Doug Sewell in the meeting.

Please let me know your availability and I would set up a meeting room.
Thanks.

Scot Chambers@ENRON_DEVELOPMENT
01/24/2000 10:17 PM
To: George McCormick@ENRON_DEVELOPMENT
cc: Clement Lau@ENRON_DEVELOPMENT, Doug Sewell@ENRON_DEVELOPMENT, Benjamin
Rogers@ENRON_DEVELOPMENT, Mike Coleman/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Richard Bickings/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Tom
Callaghan/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mark
Dobler/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mitch
Robinson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: Santee Cooper Project Preliminary O&M Estimate

George, please find attached the subject preliminary O&M estimate -- consider
it with an accuracy of +/- 25% at best. Please review and call should you
have questions.  regards, Scot


FYI

Vince

 -----Original Message-----
From: 	Quilkey, Paul
Sent:	Tuesday, June 05, 2001 6:10 PM
To:	Kaminski, Vince J
Subject:	RE: Weather

Vince
Sorry..3.30AM is 6.30AM in Sydney.  Best time would be 5.30PM CST Wednesday.  Pls call me if that works..+61-2-9229-2411.

Paul

From:	Vince J Kaminski/ENRON@enronXgate on 05/06/2001 07:12 AM CST
To:	Paul Quilkey/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:	Shirley Crenshaw/ENRON@enronXgate, Mike A Roberts/ENRON@enronXgate

Subject:	RE: Weather

Paul,

Let's talk at 3:30 my time on Tuesday.
We shall originate the call.

Vince

 -----Original Message-----
From: 	Quilkey, Paul
Sent:	Tuesday, June 05, 2001 12:18 AM
To:	Vince J Kaminski/HOU/ECT@ENRON
Subject:	Weather

Vince
We have not spoken for a while.
Please let me know when you are available to discuss Christian's weather modelling and the potential for assisting North American Wholesale.
thnx
Paul


VAR is using the May 1st run.  VaR without jumps is saved out in RMS_Value_at_Risk_copy table.  Of curiosity,  West-DPR-VAR is not really impacted by jumps.  I suspect the reason for this may be that back in 1998 that region was less deregulated than today.  Let me know your thoughts.

Frank


FYI
 -----Original Message-----
From: 	Bodnar, Michael
Sent:	Friday, January 11, 2002 7:16 AM
To:	Brown, Sharon; Zadow, Raetta; Berger, Larry; Spraggins, Gary; Buehler, Craig; Lee, Dennis; Brostad, Karen; Carter, Zuela; Eldridge, Dale; Garcia, Ava; Carrillo, Alma; Buchanan, John; Dasilva, Esther; Brown, Elizabeth; Trevino, Linda; Green, Alma; Hanagriff, Richard; Schoolcraft, Darrell; Perales, Maria; Barry, Patrick; Blair, Jean; Bryan, Randy; Callans, Nancy; Carr, James; Clapper, Karen; Perry, Renee; Porter, Diana; Walden, Shirley; Washington, Kathy; Wilkens, Jerry; Adams, Jean; Benningfield, Robert; Forbish, Sherry; Greaney, Chris; Hibbard, Scott; Janzen, Randy; Linhart, Joe; McDaniel, Janet; Scurlock, Debra; Sturr, Kathy; Vaughan, Cara; Woodson, Harry
Cc:	Blair, Lynn; Dietz, Rick; January, Steve
Subject:	Focus Group

FYI....

I have been asked to be part of a Focus Group on Enron. As I understand it,  HR is facilitating the effort to seek out employee attitudes and ideas. I don't have a lot of the particulars  but I thought it is an opportunity for me to represent any of the feelings and ideas you might have but don't know who to tell.... i.e.; what's going right or wrong and ideas on how things could be improved. I'll keep your comments confidential.
If you would add your thoughts to the discussion, drop me a note, call me or stop by and tell me.
I'll report back to y'all after the meeting...which is today at 3:00 p.m.
Thanks.....
Mike

p.s.....In my haste, I know I left some people off this e-mail.....Please pass the message to anyone you think might be interested.


Please note the location of this meeting has been changed to EB 49C2.
---------------------- Forwarded by Pilar Ramirez/ET&S/Enron on 11/08/2000
01:01 PM ---------------------------

Sean Bolks
11/08/2000 11:07 AM
To: Pilar Ramirez/ET&S/Enron@ENRON
cc:

Subject: TW Throughput Analysis

---------------------- Forwarded by Sean Bolks/ET&S/Enron on 11/08/2000 10:52
AM ---------------------------

Kimberly Watson
11/02/2000 01:53 PM
To: Sean Bolks/ET&S/Enron@ENRON, Kevin Hyatt/ET&S/Enron@Enron, Jeffery
Fawcett/ET&S/Enron@ENRON, Lee Ferrell/ET&S/Enron@Enron, Steven
Harris/ET&S/Enron@ENRON, Michelle Lokay/ET&S/Enron@Enron, Lindy
Donoho/ET&S/Enron@ENRON, Christine Stokes/ET&S/Enron@ENRON, Lorraine
Lindberg/ET&S/Enron@ENRON, TK Lohman/ET&S/Enron@ENRON, Jim
Wiltfong/ET&S/Enron@ENRON, Kenneth Chow/ET&S/Enron@Enron
cc: Audrey Robertson/ET&S/Enron@ENRON, Pilar Ramirez/ET&S/Enron@ENRON

Subject: TW Throughput Analysis

Please plan to attend a meeting on Tuesday, November 21 from 8:30 - 10:30am
in EB48C2.  Jim and Sean will lead us in the discussion on the TW Throughput
Analysis results.  Thanks, Kim.


Bill:
Could you please forward this to the business folks at Ace since this is a
critical point and I don't want them caught by surprise tomorrow.  Thanks.
Carol
----- Forwarded by Carol St Clair/HOU/ECT on 06/27/2000 02:04 PM -----

	"SCOTT AVITABILE" <SAVITABI@LLGM.COM>
	06/27/2000 10:07 AM

		 To: <rick.gieryn@ace-ina.com>
		 cc: <Carol.st.clair@enron.com>
		 Subject: Policy

Rick:  In addition to the comments on the mark-up of the policy I faxed to
you yesterday, please note that the reference to the "Approved Transaction
Counterparty" contained in Section 6.1(a) should be deleted as that issue is
now addressed in the revised text of the Force Majeure definition.  Best
regards.


Vince:

I am going to have to leave (11:30 AM)  My heater at home is not working and I have
a service man coming between 1:00 - 3:00 pm.  It is supposed to get down in the '40s
tonight.  Teresa is going to sit at my desk and Anita is here.  I am going to leave my
email open if you need to send something, plus I will have my blackberry.

Shirley


Cynthia -

Brian asked me to forward to you Enron's comments on the nondisclosure
agreement previously forwarded for review.  I have attached a version of your
agreement marked to reflect Enron's comments.

Please review the attached at your convenience and feel free to contact me
directly with any comments or questions you may have.

Thanks for your patience.

Mark
Senior Counsel, EWS
Phone:     713-345-8897
Facsimile: 713-646-3490
E-Mail:      Mark.Greenberg@enron.com


I'd stick with Anthony.  I didn't think that Prudential was one of our
clearing brokers (remember, the letter must come from our clearing broker).
Please keep Mike Fowler and Paul Radous informed.  Thanks.  Sara

	Samantha Boyd@ENRON
	10/05/2000 09:32 AM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: Re:

Sara,

I have Kevin Enright at Prudential Securities, Incorporated and Anthony
Capolongo at Morgan Stanley researching the "Prime Broker Letter".

Samantha M. Boyd
Sr. Legal Specialist
Enron North America, Corp.
1400 Smith, EB3802A
Houston, TX  77002
Phone:  (713) 853-9188
Fax:  (713) 646-3490
email:  samantha.boyd@enron.com

	Sara Shackleton@ECT
	10/03/2000 06:53 PM

		 To: Samantha Boyd/NA/Enron@Enron, Stephanie Panus/NA/Enron@Enron
		 cc:
		 Subject:

Paul Radous has requested that we seek a "Prime Broker letter" to send to the
CP.

Click on this link to view the document in the Financial Trading Agreements
database-->


Sorry it has taken me a few days to get back with you, I had to leave town
unexpectedly and just returned today.  All of that sounds great, how about
putting the file in the O drive under erms/1intra/central.  Please name the
file EOL curves.  Please let me know if you have any problems.  Thanks for
your help on this matter.
PL


Just so you can see how this is evolving...
I think we should steer clear of anything involving Energy Services because
it sounds like we are buying/selling gas.
I've instructed the commercial group to get back to you with a name.  When
they do, let Lillian Bailey know (x33577).  That is really the only
information she still needs from us, I think.
I'm reachable at 713-494-5002 for the rest of today.
---------------------- Forwarded by Susan Scott/ET&S/Enron on 12/08/2000
03:34 PM ---------------------------

Christine Stokes
12/08/2000 02:42 PM
To: Susan Scott/ET&S/Enron@ENRON
cc: Jeffery Fawcett/ET&S/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON, Kevin
Hyatt/ET&S/Enron@Enron, TK Lohman/ET&S/Enron@ENRON, Michelle
Lokay/ET&S/Enron@Enron, Lorraine Lindberg/ET&S/Enron@ENRON, Lindy
Donoho/ET&S/Enron@ENRON

Subject: Re: NewCo names

Here some other ideas:

TransCap, Inc.

TransGas, Inc.

or maybe(!), FullPipe'R'Us Corp.

Susan Scott
12/08/2000 02:28 PM
To: Jeffery Fawcett/ET&S/Enron@ENRON
cc: Steven Harris/ET&S/Enron@ENRON, Kevin Hyatt/ET&S/Enron@Enron, TK
Lohman/ET&S/Enron@ENRON, Christine Stokes/ET&S/Enron@ENRON, Michelle
Lokay/ET&S/Enron@Enron, Lorraine Lindberg/ET&S/Enron@ENRON, Lindy
Donoho/ET&S/Enron@ENRON

Subject: Re: NewCo names

OK, here's my 2 cents' worth:

Avale Corp.
I also like Enable.
I think either one would look fine on an EBB list of customers...

Also -- any name we choose could include the words Capacity Management.  But
I'm not sure we want to or need to be that descriptive.

Jeffery Fawcett
12/08/2000 02:04 PM
To: Susan Scott/ET&S/Enron@ENRON
cc: Steven Harris/ET&S/Enron@ENRON, Kevin Hyatt/ET&S/Enron@Enron, TK
Lohman/ET&S/Enron@ENRON, Christine Stokes/ET&S/Enron@ENRON, Michelle
Lokay/ET&S/Enron@Enron, Lorraine Lindberg/ET&S/Enron@ENRON, Lindy
Donoho/ET&S/Enron@ENRON

Subject: NewCo names

Here's my best shot(s):

NatCom Energy Services, Inc.

Streamline Energy Services, Inc.

Handyman Energy Services, Inc.

Enable Energy Services, Inc.  (var. Enerable)


Not yet.  However, the contract is valid because Vickie is using it.

To: Chris Germany/HOU/ECT@ECT
cc:
Subject: Re: Equitrans

Chris, I saw Noel's response--have we found out yet whether this contract is
really real or not?

Chris Germany
01/12/2000 07:25 PM
To: pdrexel@columbiaenergygroup.com @ ENRON, nbartlo@columbiaenergygroup.com
cc: sgoodel@columbiaenergygroup.com @ ENRON, Judy Townsend/HOU/ECT@ECT,
Colleen Sullivan/HOU/ECT@ECT
Subject: Equitrans

I have very little info on this deal.  Who pays for the FT on Equitrans?
Contract 270, volume=1,000/day, start date = 7/1/97, max demand, all receipts
and all deliveries, AND the end date is 10/31/2099 (looks suspicious to me).
Scott is trying to find the term of this deal from Equitrans.  I believe
Equitrans did say this is a capacity release deal.

Scott, I'm going to list this as a wholesale deal for now.  It was not on my
wholesale transport worksheet from Mark Breese.  Please email everyone with
the end date when you find out.  Also, please find out who the releasing
shipper is and the primary receipt and delivery points.

Thanks


Here is a deemed ISDA.


---------------------- Forwarded by Steven J Kean/NA/Enron on 05/01/2001
07:35 AM ---------------------------

John Sherriff@ECT
05/01/2001 02:15 AM
To: Jackie Gentle/LON/ECT, Steven J Kean/NA/Enron, Richard
Shapiro/NA/Enron@Enron, Fiona Grant/LON/ECT@ECT
cc: Lauren Urquhart/LON/ECT

Subject: Entry tax to dergulating markets

The Forbes April 30, 2001 editorial piece "Slow Starters" on page 24 discusses
the "entry tax" which is the capital burden for starting a new business.  It
states that rich countries
on average have relatively low entry costs while poor countries have
stagering entry costs caused
by corruption, endless beuacracy, and cost of delays.  These "entry hurdles"
and asscoiated costs
do not produce any tangible benefits for consumers, workers or the
environment.

We might want to make the analogy of "entry tax" for new deregulated gas &
power markets.  Things like
negotiated third-party access (rather than regulated TPA) substantially slow
the speed of new entrants and hence deter competition.
Negotiated TPA creates uncertainty for new entrants (they never know what
they are going to get) and clearly slows
the new comers down.

I will send you a copy of the Forbes piece.

John


Hi Dave.  As a follow up to out conversation, I found out Robert Rauschenburg
will be here April 5 or 6 and the weekend (April 7-8).  See how that looks on
the calendar for y'all yankees to visit down here in rodeoland.  (I did go to
the rodeo last night--hosted a big party--and wore my boots, and a cowboy hat
my group gave me--pictures to follow)
Can you believe I went to the Rodeo?

Jeff "J. R." Shankdaddy


The only conversation I have had with Jeff regarding this topic was when I
was in Houston and he had inquired as to when I was returning, stating that
he was going to need some help in integrating another business within Gas
Trading (and alluded to the possibility of it being Liquids related).  My
thoughts are that it would need to be supported out of my group since it is
going to roll up to Jeff.  Do you want me to set up a conference call with
you, Scott Earnest and myself to discuss?  Subsequent to that we should
probably have a conference call with Jeff to get specifics.  Let me know what
I need to do on this.

Brent

	Enron North America Corp.

	From:  Sally Beck                           06/05/2000 11:58 PM

To: Brent A Price/HOU/ECT@ECT
cc:
Subject: LNG

Scott Earnest announced in the staff meeting today that in a meeting he had
earlier today with Jeff Shankman and Vince Kaminiski that Jeff announced that
he had gotten the nod from Mark Frevert to manage the LNG book of business.
(This sentence structure is bad, but you get the drift.)  That is probably
what Shankman has alluded to in terms of increased responsibility.  I will
assume that is in addition to gas, but I don't know that for sure.

Scott has been working on setting up the risk books for LNG, working closely
over the last several weeks with Vince Kaminski.  We need to talk about this
business and the best way to support it.  Have you had any conversations with
Jeff on this?


Dear Kenneth,
As more and more companies move core business activities to the internet,
security is becoming the number one obstacle.  The market today is turning
towards Public Key Infrastructure as the solution.  Xcert announces a free
"Practical Guide to Public Key Infrastructure."  You can pick up your  free
copy at the URL listed below:
http://www.xcert.com/corp/Contact_Us/pkiguide_default.html
We hope it shows you about how PKI and Xcert can help you build trust with
your customers and partners on the Internet.

Based in Walnut Creek, California, Xcert International is the premier
developer of Internet based public key infrastructure (PKI) technology.
Xcerts solutions provide the ultimate Internet Security structure by going
beyond existing security models such as firewalls, encryption and anti-virus
software. Xcert's products provide privacy and authenticity for conducting
secure Internet transactions and information sharing. Xcert develops,
manufactures and distributes Certificate Authority (CA) and PKI solutions
that use secure directory services to provide organizations and individuals
with a secure and non-repudiable method of communicating and trading with
each other over the Internet. We work with end-customers, integrators, and
certificate service providers who are looking for a truly scalable,
open-standards based, interoperable PKI solution that works over standard
protocols.

We invite you to contact us at 800-721-9191 to learn what more Xcert
International can do for you with internet PKI solutions.

Sincerely,

Inside Sales
800-721-9191
www.xcert.com
lcoldwater-slx@xcert.com


We will not be displaying volatilities on the web, only bid volume, bid
premium, offer volume, offer premium, and strike.


Could we run the model for the value of the option to have reserved primary
firm capacity at a point only?  For example, what would be the option value for
Mojave/Topock or PG&E/Topock capacity by itself (w/out additional mainline
capacity to go with it)?


How did everything go this AM?  I hope well.  Today is you're first day of
class, right?  Have a good day.  I love you.

D


All,
I have included an outline of the move for this weekend, we will commence approx 2:00pm Friday when the power tading market closes. We need everyone (except the 24x7 groups & office of the chair) to be off the phones by 6:00pm. These times have been agreed with the department heads and we will be flexible where necessary upto 6:00pm

We will open the floors between 2:00pm & 5:00pm on Sunday, for the following groups to come in and test their systems and telephones, the users are being selected by the heads of departments and we have support staff on-hand to deal with problems and questions.
25 Gas traders / admins
25 Power traders / admins
10 Gas back office /admins
10 Power back office / admins
Office of the chair and admin staff

Business contingency and fall back positions will be in-place on Sunday

if you need any more information, please call me or pass the requests on via Tammy Shepperd

Martin Bucknell - 713 853 1800

<Embedded Microsoft Word Document>


---------------------- Forwarded by Kay Mann/Corp/Enron on 03/07/2001 05:00
PM ---------------------------
From: Suzanne Adams@ECT on 01/17/2001 02:47 PM
To: kwiemer@milbank.com, Kathleen Carnahan/NA/Enron@Enron, Kay
Mann/Corp/Enron@Enron
cc:

Subject: E-Next Generation Docs

Attached are the documents that you asked me to change the signature line:


I brought in my backback, 2 flashlights, and a small cooler type thing.  They
are sitting on top of my neighbor's desk.  Come take a look when you get a
chance.


Please note that I have re-formatted the attachment to an excel spreadsheet.
Try the attachment and let me know if you have any problems.  Also, in
discussion with Duke, TXU Fuel Co. does not have a transportation agreement
with
Duke for the redelivery of this gas.  The agreement is between Enron and Duke.
According to Brian Kerns of Duke, they basically took assignment of the
existing
transportation agreement Enron had with PG&E (now El Paso).  If this is the
case, then we should be using the nominated amount as the driver towards
meeting
our monthly minimum purchase obligation.  Any imbalance between Enron and Duke
on the Duke system receipts would be transparent to TXU and worked out between
Enron and Duke.  Any imbalance between the nominated volumed and the actual
volumes received at the "Teco Tap" would need to be worked out between Enron
and
TXU Fuel Co.  There are a couple of different ways to work this out, but I
need
to review the contract first.  Please look at this on your side and lets come
to
an agreement as soon as possible since the end of the month is quickly
approaching.

Thanks,
CCS

(See attached file: DukeTecoTap.xls)
---------------------- Forwarded by Charlie Stone/Texas Utilities on
02/22/2001
02:03 PM ---------------------------

"Eileen Ponton" <kponton@duke-energy.com> on 02/22/2001 10:36:27 AM

To:   David Avila/LSP/ENSERCH/US@TU, Charlie Stone/Texas Utilities@TU, Melissa
      Jones/Texas Utilities@TU
cc:
Subject:  BTU CHANGE

My gas control has just notified me that the btu factor I should be using
at your point should be 1.027 and not the 1.035 I have used so far.  Below
are the volumes as they appear in our system.  Please do not hesitate to
contact me if you have any questions.

(Embedded image moved to file: pic17578.pcx)

 - pic17578.pcx
 - DukeTecoTap.xls


Tanya:  I don't know if Dow is trading financial, but if so, it looks as
though we're having a problem.  Who (in credit) will handle Dow?  I'm
expecting a call from the plastics guys once they read Mark's message below.
By the way, I worked with Rod on this one  Thanks.  Sara

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com
----- Forwarded by Sara Shackleton/HOU/ECT on 02/21/2001 08:59 AM -----

	Mark Taylor
	02/20/2001 06:59 PM

		 To: John Viverito/Corp/Enron@ENRON
		 cc: Adam Gross/HOU/ECT@ECT, Alan Engberg/HOU/ECT@ECT, Michael A
Robison/HOU/ECT@ECT, (bcc: Sara Shackleton/HOU/ECT)
		 Subject: RE: ISDA TDCC(Dow)/Enron

Gentlemen:

Several points regarding the below:

We worked for the first half of 1999 to try and negotiate a master agreement
with TDCC but failed due to an inability to agree on credit terms (i.e. TDCC
wouldn't sign a master with ANY credit terms in it at all).  Rod Nelson was
the Credit Dept. person responsible for this counterparty at that time.
If we want to start down this road again, the first step is to contact
someone in Credit and have them generate the necessary credit terms for  a
master agreement.  Unless the commercial folks have already, I'll ask someone
in my group to get that process started.
The e-mail from Dow indicates:
 "TDCC has never accepted and cannot accept the Terms and Conditions included
in the
confirmations sent by Enron."
All credit concerns aside, if Dow is not signing and returning our
confirmations, then based on this statement our derivatives trading with them
should stop immediately on legal grounds.
The e-mail as forwarded to me did not contain the attachment.  Does someone
here have it?

Let's hope it works out better this time.

Mark

	John Viverito@ENRON
	02/20/2001 01:55 PM

		 To: Mark Taylor/HOU/ECT@ECT
		 cc: Michael A Robison/HOU/ECT@ECT, Adam Gross/HOU/ECT@ECT, Alan
Engberg/HOU/ECT@ECT
		 Subject: RE: ISDA TDCC(Dow)/Enron

Mark-

Please see the correspondence below regarding Dow Chemical' s desire to enter
into an ISDA with us.

Let us know who will be leading the charge from legal.

Thanks,

John

John Viverito
Phone (713) 345-7814
Fax       (713) 646-3490
e-mail John.Viverito@enron.com
----- Forwarded by John Viverito/Corp/Enron on 02/20/2001 01:50 PM -----

	Alan Engberg@ECT
	02/20/2001 12:41 PM

		 To: John Viverito/Corp/Enron@Enron
		 cc: Michael A Robison/HOU/ECT@ECT, Adam Gross/HOU/ECT@ECT
		 Subject: RE: ISDA TDCC(Dow)/Enron

John/Mike, can someone contact Luis Antuna (name and number below) to discuss
putting together an ISDA between Dow Chemical Co. and EGM.

Thanks,
Alan
---------------------- Forwarded by Alan Engberg/HOU/ECT on 02/20/2001 12:36
PM ---------------------------

	From:  Adam Gross                           02/14/2001 03:21 PM

To: Alan Engberg/HOU/ECT@ECT
cc:
Subject: RE: ISDA TDCC/Enron

---------------------- Forwarded by Adam Gross/HOU/ECT on 02/14/2001 03:20 PM
---------------------------

"Billings, Mike (ME)" <mbillings@dow.com> on 02/09/2001 11:28:11 AM
To: "Antuna, Luis (L)" <LAntuna@dow.com>, "'agross@enron.com'"
<agross@enron.com>
cc: "Corbett, Cheryl (CE)" <CECORBETT@dow.com>
Subject: RE: ISDA TDCC/Enron

Thanks Luis,

I really appreciate your initiative to document that we have never accepted
and cannot accept their Terms and Conditions.  We are reversing the flow and
will leverage an ISDA Agreement that works for us and for them.

Thanks,
Mike

>  -----Original Message-----
> From:  Antuna, Luis (L)
> Sent: Friday, February 09, 2001 11:59 AM
> To: 'agross@enron.com'
> Cc: Billings, Mike (ME); Corbett, Cheryl (CE)
> Subject: ISDA TDCC/Enron
>
> Mike Billings has given us your name as the first contact person in Enron
> to negotiate an ISDA agreement with The Dow Chemical Company (TDCC).  Our
> files show an ISDA between Enron Capital & Trade Resources and two Dow
> entities (Dow Hydrocarbons & Resources, and Dow Chemical Canada). In
> addition to this, my understanding is that TDCC (my predecessor in this
> position) and Enron ( presumably a lawyer) had some discussions about an
> ISDA, but for some reason they were not successful. Despite this, the
> level of trading between the two companies have increased and TDCC has
> never accepted and cannot accept the Terms and Conditions included in the
> confirmations sent by Enron. For these reasons, we think we should agree
> on an ISDA where conditions acceptable to both parties can apply to the
> intense trading between the two companies.
>
> In order to speed up the process, I have enclosed to this message Dow's
> template for the ISDA Schedule. We would appreciate if Enron could review
> the attached draft and come back with any comments or issues for
> discussion. Please forward this message to the responsible person asking
> him to contact me for any discussion. Thanks.
>
> Regards
>
>  << File: Enron North America Corp.(draft) 2-9-01.doc >>
>
>
> Luis Antuna
> Attorney - Financial Law
> The Dow Chemical Company
> 2030 Dow Center
> Midland, MI  48674
> Tel: (517) 638-6789
> Fax: (517) 636-0861
> lantuna@dow.com
>


Hey Scott,

I just wanted to verify that we are going to pull the 20 longest dated deals and get quotes from other dealers.  Is that correct?  Or are we going to have them on hand for when the contracts are terminated.... then get the appropriate quotes.

Thanks

Jon

 -----Original Message-----
From: 	Neal, Scott
Sent:	Wednesday, December 05, 2001 1:30 PM
To:	Brawner, Sandra F.; Mckay, Jonathan; Mckay, Brad
Subject:	FW: Please ensure that deal valuations are still being recorded. THX

fyi

 -----Original Message-----
From: 	Hayden, Frank
Sent:	Wednesday, December 05, 2001 2:10 PM
To:	Neal, Scott; Shively, Hunter S.; Martin, Thomas A.; Grigsby, Mike; Presto, Kevin M.; Sturm, Fletcher J.; Davis, Mark Dana; Belden, Tim; Zufferli, John
Cc:	Nordstrom, Mary; Hagelmann, Bjorn
Subject:	Please ensure that deal valuations are still being recorded. THX

 << File: Large Deal Quote Sheet.doc >>  << File: Trader Guidelines.doc >>


Vault.com: the insider career network
Weekly Career Newsletter 	[IMAGE]

[IMAGE]
  Online Degrees And You:  Perfect Together? [IMAGE] [IMAGE] [IMAGE] October 16, 2001  [IMAGE]       [IMAGE]  [IMAGE]  [IMAGE]   [IMAGE]  [IMAGE] Unsubscribe or change newsletter options   [IMAGE]  [IMAGE]  [IMAGE]   In This Issue  [IMAGE]  [IMAGE]  [IMAGE]  [IMAGE] [IMAGE]  [IMAGE]  [IMAGE] The B-School Decision: Reader Reaction  [IMAGE]  [IMAGE]  [IMAGE]  [IMAGE] [IMAGE]  [IMAGE]  [IMAGE]  What Employers Think Of Online Degrees  [IMAGE]  [IMAGE]  [IMAGE]  [IMAGE] [IMAGE]  [IMAGE]  [IMAGE]  On Vault's Message Boards: A Less Than Traditional MBA Background  [IMAGE]  [IMAGE]  [IMAGE]  [IMAGE] [IMAGE]  [IMAGE]  [IMAGE] Career Opportunities  [IMAGE]  [IMAGE]  [IMAGE]  New at Vault  [IMAGE]  [IMAGE]  [IMAGE]  [IMAGE] Companies have struggled with diversity issues for years.   Those who understand the need for diversity in their workplace are working to find ways to hire and retain talented women and minority candidates.     Many of Vault's clients have asked us to help them tap into our membership to find these candidates - because they know that they're on Vault. To help these firms reach their goals, Vault is adding diversity information to our VaultMatch resume profiles, and creating a way for employers to search for candidates this way.   If you're a VaultMatch member, update your membership information on your profile . Log in (if you're not logged in already) and click on "VaultMatch Profile".  Not a member yet?  We invite you to submit your application .   Do well, do good  Have you ever thought about being a social worker or teaching our nation's children?  Vault has two top job opportunities for your review.  Be a social worker  or find out more about the New York City Teaching Fellows  program.      [IMAGE]  [IMAGE]   [IMAGE]  Letter From The Editor [IMAGE] [IMAGE] Wow! We didn't realize so many of you liked Weekly Career Update so much that you wanted to write for us.  To all who responded, thanks muchly!  If you're interested in writing for Vault, drop us a line at editors@staff.vault.com .     Fall is back to school time, so it's no wonder that the Vault community is a-buzzing about degrees, both online and not.  Read on for the lowdown.   Have a good week!   Vault   [IMAGE]   Advertise in this newsletter Reach the targeted job seeker and professional audience you want with Vault Newsletter press releases and advertisements. For more information, contact Gerry Ferrara at gferrara@staff.vault.com .    [IMAGE]      [IMAGE]  Advertisement  [IMAGE]  [IMAGE] ADVERTISE  [IMAGE] Increase your market value!  Oracle University will teach you everything you need to know to become an Oracle Database Administrator in only 12 weeks! Click to learn more.  www.oracleu.com   [IMAGE]  [IMAGE]  [IMAGE]      [IMAGE]  [IMAGE]  [IMAGE]  [IMAGE]  [IMAGE] [IMAGE] The B-School Decision:  Reader Reaction [IMAGE] [IMAGE] [IMAGE]  Our article on the decision whether or not to go to business school hit home for many Weekly Career Update readers.  Here's what some of you had to say.   To see the original article, The B-School Decision, go here.    ...  I just wanted to point out that there are a few aspects of seeking an  MBA that you neglected to mention in your "B-School Decision" article.   I am a 15 year IT veteran who returned to school to obtain an MBA in  Technology Management from The University of Phoenix Online in 1997.  I took a one year break for the birth of each of my two dughters, but am  finally about to finish. I've been around long enough to know that an  MBA is not an instant ticket to fame and fortune, but I also know that  an MBA can pay off, even if you aren't planning to look for a new job  as soon as you graduate.     First, employers are often highly supportive of employees who wish to  return to school to obtain advanced degrees.  Many employers will pay  anywhere from half of tuition up to the entire amount of the degree,  plus books and lab fees.  With incentives like that, the FIRST place  you should look in financing a degree is with your current employer.   Some employers seek a contractual obligation that you will stay with  them after you graduate, but even with this clause, if you are set on  leaving you should still be able to leverage a better salary or  position for the stay.  Another option would be to negotiate with your  prospective employer to pay part of the obligation to your past  employer.  It's a long shot, but worth a try.    Another thing you neglected to mention is that many schools now have  programs that are geared to adult, full-time employees.  I chose the  University of Pheonix specifically for this reason.  Class in the  evening or, better yet, online, allow the student to return to school  with a minimal impact on work.  Sure, an online degree is not an MBA  from Harvard (yet), but an MBA from a school like UOPHX is still an MBA and, unlike the small college down the street, UOPHX is pumping out  enough MBA graduates on a national level to at least be recognized by  employers.     And lastly, when considering whether to obtain an MBA, you have to  consider the cost of NOT pursueing one.  As you get older, credentials  are not as important as experience, but most employers have bought into the idea that learning is a life-long activity and they look favorably  on anyone who demonstrates that they want to keep learning, regardless  of their age or position.  And the percentage of employees who are  seeking some kind of certification or degree is increasing all the  time. The truth is, if you are not making some effort to continue your  education in some form, chances are you are at a disadvantage to those  who are when promotion time comes.     ...   I thought that the MBA article made a good point: don't go back to school simply to "hide out".    The article however failed higher education in a major way by mostly presenting a short term cost benefit analysis. The most important benefit of a graduate level education is the development of the cognitive abilities of the student. This accomplishment is opens then mind, last a life time, and can positively affect many generations within the graduate's family.    While financial factors are reality and should be considered carefully, they should not be the primary deciding factor when determining whether or not to obtain a graduate degree. I hope that you did not discourage too many people with your article.   ...  I enjoyed your article on making the B school decision.  I was one that decided not to do it several years ago.  Mainly because I did not see where the curriculum really prepared you for practicing management in the real world.  (My undergraduate degree was in Business Administration).   More importantly, proven experience almost always out weighs the MBA.  I consistently volunteered for projects at work and always tried to continuously improve myself and the organization.  This led to me becoming a Vice President by age 34.   My recommendation is if you need the knowledge of how businesses work, look into an MBA but realize practicing management is much more powerful than studying it.  An MBA will not teach taking risk, overcoming adversity, resiliency and making decisions that has powerful impacts on people.  Those can only be learned through the school of hard knocks.   Regards, Paul    [IMAGE]  [IMAGE]          [IMAGE]  Advertisement  [IMAGE]  [IMAGE] ADVERTISE  [IMAGE] At Capella University you can earn your Master's in Human Resource Management at a time and place convenient for you. www.capellauniversity.edu   [IMAGE]  [IMAGE]  [IMAGE]      [IMAGE]   [IMAGE]  [IMAGE]  [IMAGE] [IMAGE] What Employers Think Of Online Degrees [IMAGE] [IMAGE] [IMAGE]  Since many of our readers wrote in to point out that our article on MBA degrees last week failed to mention the decision to get an online degree.  Hence, we bring you the results of a Vault survey on employer perceptions of an online education.   Vault surveyed 239 HR professionals on their opinions regarding candidates with online degrees.     The following are the results from the survey:   30% of HR professionals or hiring managers have encountered applicants with online degrees.   Selected quotes: - "The candidates that I've spoken with seem to be self-dependent, eager and very abreast of the latest technologically." - "I still view this as close to the equivalent of earning a GED through a Sally Struthers correspondence course." - "There may be some value to online degrees, but in order for them to be truly worthwhile, they need to overcome the stigma of being just another 'degree mill' or correspondence course advertising on matchbooks." - "I usually like these candidates more than those from traditional universities;  most of them have been working in the industry and have some years of experience and accomplishments to their credit."  77% of HR professionals or hiring managers believe that an online degree earned at an accredited institution (Duke, Stanford) is more credible than one earned at an Internet only institution (Jones International).   Do you wish to read more?  But of course you do!  Get thee hence to Vault  now.   [IMAGE]  [IMAGE]          [IMAGE]  Advertisement  [IMAGE]  [IMAGE] ADVERTISE  [IMAGE] JobDirect specializes in matching college students and recent grads with jobs and internships. And it?s free, free, free ? so what are you waiting for?  Activate your resume at www.jobdirect.com  today ? you could end up with a fortune 500 job!   Active job hunters need maximum resume exposure ? the more companies that view your resume, the better your chances of landing your dream job! ? so go to www.jobdirect.com  right now!   TIP: Highlight your communication and computer skills for a better paying job.  Click here www.jobdirect/com  for more resume building tips.   Click here to get a job! www.jobdirect.com !  [IMAGE]  [IMAGE]  [IMAGE]      [IMAGE]   [IMAGE]  [IMAGE]  [IMAGE] [IMAGE] On Vault's Message Boards: A Less Than Traditional MBA Background [IMAGE] [IMAGE] [IMAGE]  Industry to MBA  Yes, along with geese migration, 'tis time for obsessions with MBA programs.  One poster on the MBA board wonders whether a non-consulting and/or investment banking background (specifically, in industry) will float his MBA boat.   What do you think?    A career change into consulting  Many Vault members want to explore a career change into consulting.  Yes, we know it's not a good time to make a career change.  Then again, when is it easy to make a career change?  Consultants, we implore you, give these folks your sage advice .   Bond questions  No, not James.  Finance interviews are here, and candidates are turning their brains into knots.  Not literally, mind you.  Interested in finance careers?  Follow the discussion .  [IMAGE]  [IMAGE]    [IMAGE] [IMAGE]    Mgr , Int'l (TV) Business Dev-Channel Operations   Career Links New York, NY [IMAGE]  Ad Sales Associate--Home Based  PLATINUM MEDIA WORLDWIDE Miami, FL [IMAGE]  Marketing Associate  The Bradford Group Niles, IL [IMAGE]  Product Development Associate  The Bradford Group Niles, IL [IMAGE]  Music Consultants  Fortunate 500 Atlanta, GA [IMAGE]  Computer Products Sales Manager  Densitron Corporation Santa Fe Springs, CA [IMAGE]  Talent Recruiter  Fortunate 500 Birmingham, AL [IMAGE]  Vice President, Human Resources  Pawlik/Dorman Partners Chicago, IL [IMAGE]  National Director of Assistance Sales  Noel Group Fort Lauderdale, FL [IMAGE]    [IMAGE]

 [IMAGE]   Vault Hot Links    [IMAGE]  [IMAGE]  [IMAGE] [IMAGE]    [IMAGE] Message Boards  [IMAGE]  [IMAGE]  [IMAGE]  [IMAGE] [IMAGE]  [IMAGE]  [IMAGE] Job Board  [IMAGE]  [IMAGE]  [IMAGE]  [IMAGE] [IMAGE]    [IMAGE] Industries  [IMAGE]  [IMAGE]  [IMAGE]  [IMAGE] [IMAGE]  [IMAGE]  [IMAGE] Career Topics  [IMAGE]  [IMAGE]  [IMAGE]  [IMAGE] [IMAGE]  [IMAGE]  [IMAGE] Company Research  [IMAGE]  [IMAGE]  [IMAGE]  [IMAGE] [IMAGE]  [IMAGE]  [IMAGE] For Employers  [IMAGE]  [IMAGE]  [IMAGE]  [IMAGE]   Newsletter Options    [IMAGE]  [IMAGE]  [IMAGE] [IMAGE]  [IMAGE]  [IMAGE] Change to plain text newsletter  [IMAGE]  [IMAGE]  [IMAGE]  [IMAGE] [IMAGE]  [IMAGE]  [IMAGE] Change your subscription e-mail address  [IMAGE]  [IMAGE]  [IMAGE]  [IMAGE] [IMAGE]  [IMAGE]  [IMAGE] Cancel your subscription  [IMAGE]  [IMAGE]  [IMAGE]  [IMAGE] [IMAGE]  [IMAGE]  [IMAGE] More Vault Newsletters  [IMAGE]  [IMAGE]  [IMAGE]  [IMAGE] [IMAGE]  [IMAGE]  [IMAGE] Advertise in this newsletter  [IMAGE]  [IMAGE]   [IMAGE]


Steve, Greg and Maria will be flying out on the following schedule:

		Monday, December 3	3:30p - 4:54p
		Tuesday, December 4	3:30p - 4:54p

Steve's Flight?
		Monday, December 3	2:40p - 5:15p
		Monday, December 4	2:00p - 4:35p or
					5:05p - 7:33p

		Hotel - O'hare Hilton (the meeting will take place here)
		Hotel - Hyatt seven blocks away

Let me know which would you prefer....

adr

Audrey D. Robertson
Transwestern Pipeline Company
email address:  audrey.robertson@enron.com
(713) 853-5849
(713) 646-2551 Fax


The Word of the Day for April 7 is:

                  gadzookery  \gad-ZOO-kuh-ree\  (noun)
                  : the use of archaisms (as in a historical novel)

                  Example sentence:
                  "Get rid of the gadzookery," Bruce's editor cautioned.
                  "Mirabella can perfectly well say 'please' instead of
'prithee.'"

                  Did you know?
                  "Gadzooks . . . you astonish me!" cries Mr. Lenville in
Charles
                  Dickens' Nicholas Nickleby. We won't accuse Dickens of
                  gadzookery ("the bane of historical fiction," as historical
novelist
                  John Vernon called it in Newsday magazine), because we
                  assume people actually said "gadzooks" back in the 1830s.
                  That mild oath is an old-fashioned euphemism, so it is
thought,
                  for "God's hooks" (a reference, supposedly, to the nails of
the
                  Crucifixion). But it's a fine line today's historical
novelist must
                  toe, avoiding expressions like "zounds" and "pshaw" and
"tush"
                  ("tushery" is a synonym of the newer "gadzookery," which
first
                  cropped up in the 1950s), as well as "gadzooks," while at
the
                  same time rejecting modern expressions such as "okay" and
                  "nice."