-----Original Message-----
From: 	Kaminski, Vince J
Sent:	Friday, August 17, 2001 1:05 PM
To:	'Jos? Luis de la Fuente'
Cc:	Kaminski, Vince J
Subject:	RE: International Conference in Spain

Dear Mr. de la Fuente,

I appreciate the  invitation to the
conference on Ten  Years of Electricity Deregulation and Restructuring.
I shall be able to make a decision next week.

Vince Kamnski

 -----Original Message-----
From: 	"Jos? Luis de la Fuente" <Alberto_Fuente@navegalia.com>@ENRON [mailto:IMCEANOTES-+22Jos+E9+20Luis+20de+20la+20Fuente+22+20+3CAlberto+5FFuente+40navegalia+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Friday, August 17, 2001 12:22 PM
To:	vkamins@ect.enron.com
Subject:	International Conference in Spain

Dear Mr. Kaminski:
I assume that Prof. Oren has sent to you an e-mail in which he  informed of our ongoing purpose of organizing an international conference on Ten  year of Electricity Deregulation and Restructuring. He attached a very  preliminary agenda as well with all the people and lectures committed  already.
I would like to formally invite you to come to Spain by  December 17-18 to give a lecture of around 45 minutes on the key  issues that operators and energy services and trading companies are confronting  in assessing the risk chain in the new deregulated environment business:  adequacy risks, trading risk management, capacity markets, etc.
Regarding budget and expenses, I can allocate $2.500,  plus a bonus should we break even, to cover your traveling and emoluments.  We will take care of the lodging as well.

Please feel free to contact me if you need further details. As  soon as we have some more formal description of the Conference and a first  definitive schedule I will send it to you.

Let me have your response whenever you are able to do  so.

Best regards.

Jos? Luis de la Fuente
Iberdrolajl.delafuente@iberdrola.es << File: mailto:jl.delafuente@iberdrola.es >> jlfuente@stnet.es << File: mailto:jlfuente@stnet.es >>


Traders et al:

This is the best article I saw on what the FERC may do on Monday.

We are hopeful (and doing lobbying to push for) for no action outside of
California, given the unworkability and meaningless-ness of price controls
outside of CA.  This is an effort and not a promise, of course.

Some action in CA seems more than 50-50 likely  and the best bet seem to be
extending the current proxy mitigation to all hours.  The article below
raises the possibility of reissuing the refund orders (recall that they began
in March 01 for the month of January 01) to cover all hours and not just
during Stage 3.  Such reissued refund order could extend back to Oct 00.

Alan Comnes

Wednesday, June 13, 2001

Federal Panel May Extend Price Limits
 Utilities: Regulatory commission weighs expanding the plan beyond
emergencies and throughout the West.

By RICARDO ALONSO-ZALDIVAR, Times Staff Writer

     WASHINGTON--The Federal Energy Regulatory Commission, responding to
pressure from lawmakers, state officials and consumers, is considering a
significant expansion of its plan to limit California electricity prices this
summer, senior agency officials said Tuesday.
     Commissioners and staff members are engaged in intense negotiations in
advance of a key meeting Monday to finalize an emergency plan for California
and the West.
     According to several commission officials, the options being discussed
include:
     * Extending FERC's current price limits--now in effect only during power
emergencies in California--to 24 hours a day, seven days a week. The limits,
intended to prevent price spikes, were invoked during two emergencies last
month and resulted in immediate cuts in the price of wholesale electricity.
FERC is also considering applying such limits throughout the West.
     * Requiring power generators in the entire Western region to sell
available electricity to California or into their local power grids during
emergencies, reducing the threat of blackouts.
     * Establishing a regional framework for large power users to sell
electricity back into the grid during peak usage times. Some companies that
have long-term power contracts at low rates may be able to make money by
scaling back their operations and selling electricity.
     * Tightening rules on what energy marketers--firms that buy and resell
power contracts much like stockbrokers trade shares--can charge for their
electricity.
     * Expanding an order issued last year that authorized refunds for
excessive markups during the most extreme power emergencies. That refund
order would now apply to excessive prices during all power emergencies.
     The measures under consideration stop short of the price caps being
sought by Gov. Gray Davis and California Democrats. But they may go far
enough to provide an acceptable compromise.
     "The whole thing is in flux, but it is moving toward a much more
effective price mitigation plan, not only for California but for the West,"
said an agency official.
     Strong political pressure from Senate Democrats and House Republicans
appears to have galvanized FERC into taking a more decisive role. "We're sort
of the last to get it," the official said.
     FERC has been bitterly criticized by Davis for abandoning California.
FERC Chairman Curtis L. Hebert Jr. has responded by citing dozens of modest
FERC actions to assist the state.
     But Hebert has resisted Davis' central demand that FERC use its legal
authority to order a temporary return to fixed electricity rates. Such fixed
rates, based on the cost of producing power plus an allowance for profit,
were standard before deregulation.
     "The politics of the situation have changed significantly, and
commissioners are not immune to politics," said another senior agency
official. "The message from Capitol Hill has gotten stronger with a
Democratic Senate. Even the Bush administration is saying we should make sure
there is no price gouging."
     FERC members have been summoned to testify before the Senate
Governmental Affairs Committee chaired by Sen. Joseph I. Lieberman (D-Conn.)
a week from today. Meanwhile, Sen. Jeff Bingaman (D-N.M.), the new Senate
Energy Committee chairman, has told FERC he will move legislation to cap
electricity rates in the West unless it acts soon.
     Agency officials said commissioners do not want to face Lieberman next
week empty-handed.
     House Republicans have also been prodding the agency. On Tuesday, Energy
Committee Chairman W.J. "Billy" Tauzin (R-La.) wrote Hebert to urge
Western-wide, round-the-clock price limits.
     "We strongly urge the commission to implement a comprehensive plan to
mitigate wholesale prices and aggressively monitor wholesale sales of
electric energy . . . within the entire Western Systems Coordinating
Council," wrote Tauzin, referring to the Western power grid.
     FERC officials said a strong effort is underway to achieve a consensus
on the five-member commission, lately riven by ideology but now bolstered by
two new pragmatic commissioners who favor active oversight of industry.
     Commissioner William Massey, who for months has been a lonely dissenter,
is continuing to press for the traditional price caps sought by Davis,
officials said. Once marginalized, Massey apparently is now being actively
wooed by the other members.
     S. David Freeman, an energy advisor to Gov. Davis, said Tuesday that
expanding FERC's current price limits would be a positive step. But he added
that the governor continues to advocate a return to traditional, fixed rates.
     "Any strengthening of the [FERC] plan is in the public interest,"
Freeman told reporters at a Washington news conference.
     FERC's price limits are not keyed to a particular dollar amount but are
flexible.
     When a power emergency is called by the state, FERC's plan limits the
price that generators can charge to what it costs to produce power at the
least efficient plant running at that time. (The costs of all the plants are
determined beforehand by California's grid operator based on data filed by
the generators.)
     Another requirement of the FERC plan forces generators using the
California grid to sell any power they have available during emergency
conditions.
     When the price limits were tested in two emergencies late last month,
prices came down quickly. But power sellers complained that the limits were
too strict. And by the second emergency, there was evidence that some sellers
had started finding ways around the limits.

Copyright , 2001 Los Angeles Times


Dear all,

Attached is Anjam's reasoning and final version of the UK PPI PLLU model.

The UK Inflation Book's main exposure is to two PPI indexes - the PLLU and
the DZCV through year 2010. Both are PPI Output indexes with very comparable
baskets. The only significant difference between the two is the presence of
energy in the PLLU (7.6%). The model in use escalates the two indexes by the
same factors. However, with the energy price fluctuations in recent years
different models for the two indexes would reflect better the nature of their
drivers. Anjam concentrated on the PLLU index first and he will shortly
construct one for the DZCV based on the same methodology, but without the
Brent Crude curve.

The new model achieves the two main objectives of the PPI curve: it is
significantly more robust and stable than the existing one, and it is
considerably less sensitive to the input coefficients. This will result in us
having more confidence in our monthly P&L as well as less fluctuations.

Best regards,

Martina
x34327

Anjam Ahmad
10/03/2000 11:59
To: Martina Angelova/LON/ECT@ECT
cc:

Subject: New Update on PPI Model for Inflation Book

Dear all,

I followed up on the suggestions of happening babe at the conference call as
follows:-

1) USE LESS DATA

Unfortunately, kicking out only 1990 makes the overall equation a lot less
robust, in fact dramatically so, and so eliminates the possibility of using
less data.  The model tested was the RPI(month+15) & Deviations from
long-term average for Brent Crude.  The r-squared and F-statistic collapsed
by eliminating the first 12 months of data.

2) DEVIATIONS IN CRUDE VARIABLE

Shifting the crude explanatory variable backwards and forward by 3 and 6
months did not alter the model goodness-of-fit parameters dramatically and so
my suggestion is that we stick with the following model:

PLLU[t] = a.RPI[t] + b.RPI[t+15] + c.BrentCrudeDeviations[t] + Constant

3) TESTING MODEL WITH SINE WAVE

To gauge the response of the model to wildly-varying RPI forward curve, a
sine wave of period 3 years for RPI was input into the PPI model.  The result
was as expected; PPI pre-empts the moves in RPI by about 8 months.  The
magnitude of the oscillations is also reduced.  This shows that if we had
more detail in our RPI forward curve, then the PPI model would reflect those
peaks and humps adequately.

CONCLUSION

I therefore propose that we use the model that incorporates RPI, RPI[t+15]
and deviations of Brent Crude from long-term average.  The new model is
plotted below in burgundy and can be compared to the old PPI which is
depicted in blue.

Please note that all this analysis only applies to PLLU, and that a separate
study will be needed for the DZCV PPI index.

Regards,

Anjam
x35383

---------------------- Forwarded by Anjam Ahmad/LON/ECT on 09/03/2000 16:52
---------------------------

Anjam Ahmad
08/03/2000 14:03
To: Martina Angelova/LON/ECT@ECT, Harry Arora/HOU/ECT@ECT, Maureen
Raymond/HOU/ECT@ECT, Zimin Lu/HOU/ECT@ECT, Farouk Lalji/HOU/ECT@ECT
cc: Trena McFarland/LON/ECT@ECT, Dale Surbey/LON/ECT@ECT, Stinson
Gibner/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT, Leandro
Ibasco/Corp/Enron@Enron

Subject: Update on PPI Model for Inflation Book

Dear all,

We thought it might be useful to incorporate Brent crude as an explanatory
variable for PPI; it was found that deviations of Dated Brent Crude from the
long-term average of $18.80 was the best form of the variable to use (for
predictions the Brent forward curve produced by the Global Products Group is
used).  The three new equations developed were:-

PLLU(t) = a.RPI(t) + b.RPI(t+N) + c.(DatedBrentCrude - 18.8) + constant,
where N is 14,15 or 16
[REDDISH CURVES]
r-squared approx 0.49
F-stat approx 32

The chart below shows what our projected PLLU curve would be given this
equation, and also the three best relations from before which were based upon
current and future RPI:

PLLU(t) = a.RPI(t) + b.RPI(t+N) + constant, where N is 14,15 or 16
[GREENISH CURVES]
r-squared approx 0.47
F-stat approx 45

COMPARISON OF MODELS
As you can see, the two equations differ in the very short-term and very
long-term; the inclusion of deviations of Brent Crude leads to short-term
predictions of 3.0% to 3.2% over the next six months.  The greenish curves
predict PLLU in the range of 2.5% to 2.8% over the next six months.

The curves are then very similar until 2009, when the models including crude
break-away to the upside, relative to the falling RPI curve.  The model based
purely on RPI hugs the RPI curve much more closely in the longer term.  This
is only important to the extent that we have large positions beyond 2009
(which we don't).

SUGGESTION
What could be useful now is a differently-specified model designed to
forecast only the next 3 months, using auto-regressive or auto-regressive
error terms.  This model would be far more accurate in the near-term, and we
could include this information onto the front of this long-term model.  This
may be useful, despite the fact that most of our exposure is in future time
buckets.

BACK-TESTING

All the models give similar visual and statistical performance over the data
sample used (based mainly on 1990s "new paradigm" economy).

Hopefully we can discuss these and other points later in the tele-conference;
your ideas on this would be appreciated.

Regards,

Anjam
x35383


Notice No. 01-104
March 23, 2001

TO:
ALL NYMEX DIVISION MEMBERS AND MEMBER FIRMS
ALL NYMEX DIVISION CLEARING FIRMS
ALL NYMEX DIVISION OPERATIONS MANAGERS

FROM:
Neal Wolkoff, Executive Vice President

SUBJECT:
MARGIN RATE CHANGE FOR MIDDLE EAST SOUR CRUDE OIL FUTURES CONTRACTS

Effective Date:  Friday, March 23, 2001 (close of business)
Futures Contract: Middle East Sour Crude Oil Futures
Contract Months: All Months
Rate Change:

NYMEX Division Margins for Middle East Sour Crude Oil Futures Contracts

Clearing Member (Maintenance Margin): Old:  $2,500 New:  $1,500
Member Customer (Initial Margin): Old:  $2,750 New:  $1,650
Non-Member Customer (Initial Margin): Old:  $3,375 New:  $2,025

Should you have any questions regarding these changes, please contact Arthur
McCoy at (212) 299-2928 or Joe Sanguedolce at (212) 299-2855.  This notice
supersedes all previous notices regarding outright margins for the NYMEX
Middle East Sour Crude Oil Futures Contracts.

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

"http://208.206.41.61/email/email_log.cfm?useremail=sara.shackleton@enron.com&
refdoc=(01-104)"

Note: If you click on the above line and nothing happens, please copy
the text between the quotes, open your internet browser,
paste it into the web site address and press Return.


Max strokes per hole = Par + 2 (makes you feel better about your self)
Max drinks per hole = 1 for every stroke above par (makes you feel better about your self)
Out of bounds/Lost ball - Ignore and take Mulligan (makes you feel better about your self)
Putt out only putts over 5 feet - everything else is good (makes you feel better about your self)

What do you think ??

 -----Original Message-----
From: 	Ross, Steve
Sent:	Thursday, October 18, 2001 10:51 AM
To:	Ames, Chuck; Anderson, Mitchell; Baumbach, David; Bayles, Timothy; Benningfield, Robert; Best, John; Borden, Stephen; Bracken, Brian; Brasher, Gary; Brown, Tyrone; Carriere, Frank; Cebryk, Doug; Chandler, Bob; Chang, Je; Chavarria, Javier; Coker, Ron; Comiskey, Trey; Conway, Karen; Corbacho, Sebastian; Cornett, Justin; Cross, Bill; Cross, Richard; dernehl, richard; Dietz, Rick; Digre, Nate; Doran, Bill; Dubose, Arthur - Spouse; Dupont, Allan - Spouse; Eichner, Bill; Enriquez, Rene; Fancler, Dan; Feitler, Eric; Finken, Paul; Fischer, Bill; Foon, Hoong P.; Fruge, Dwight; Fugel, Robert; Fuja, Jim; Gibson, Roy; Gim, Steve; Gould, Randy; Graves, Jerry; Griffith, Terry; Groves, Eric; Hanagriff, Richard; Hirsh, Steve; Holland, David; Homco, Jim; Jackson, Lee; Jones, Sam; Kachinski, Joe; Karbarz, Frank; Kasemervisz, William E.; Keene, Patrick; Keezel, David; Kiddle, Mark; Knoblauh, Jay; Kuehl, Toby; Lallani, Moyez; Lamphier, Gary; Lee, Jebong; Lee, Kyu-Bong; Lucchesi, Michael; Martinsen, Aaron; Maskell, David; McAdoo, Jack V; McCumber, Gary; Mcginnis, Stephanie; Misra, Narsimha; Moore, Michael; Morse, Stephen; Moseley, Jeff - Spouse; Murillo, Heriberto; Nagwani, Murli; pdstafford@equiva.com; Pennix, Chad; Powell, David; Ratliff, Lonnie; Robertson, Jim; Robinson, Larry; Rogers, Benjamin; Ross, Steve; Round, Samuel; Russ, Mark; Russo, Gavin; Samudio, Juan; Schoenemann, Todd; Selten, Dolph; Sfikas, Thomas; Siekmeier, Jill; Smith, George F.; Sonneborn, Chris; South, Chad; Stepenovitch, Joe; Tackett, Scott; Taylor, Gary; Tellez, Tomas; Trimble, Greg; Varma, Sanjaya; Villela, Joe; Walter_Denny@DOM.com; Walton, Mark; Ward, Sandra; Ware, Weldon M.; Winfree, O'Neal D.; Wood, Chad; Yanowski, Tommy J.
Subject:	Pairings for Southwyck

Attached are the pairings.  Only a couple of people were moved.

See ya Saturday for a 8:00 A.M. shot gun start.  Same rules as always.  Keep the pace of play going by being ready Freddy.  Out of bounds/lost ball play
as a drop and one stroke.   Putt out every hole.  The max number of shots before picking up are as follows:  par 3s = 8,  par 4s= 8, and par 5s= 10.
Directions are at the golf web site.  The number at Southwyck is 713-436-9999.

 << File: Southwyck pairings2.xls >>


Here is the latest version of the letter.  I added a column to deal with what
has been sent out to the customers
Ben


> Enjoy!
>
>
> (See attached file: newmovie.jpg)
>  <<JPEG File Interchange>>

******************************************************************
This email and any files transmitted with it from El Paso
Energy Corporation are confidential and intended solely
for the use of the individual or entity to whom they are
addressed. If you have received this email in error
please notify the sender.
******************************************************************

 - newmovie.jpg


radio reports say he had a gunshot wound to the head and left a note.

 -----Original Message-----
From: 	Enron General Announcements
Sent:	Friday, January 25, 2002 10:37 AM
To:	DL-GA-all_enron_worldwide1
Subject:	General Announcement

We sincerely regret to inform you of a tragedy that occurred earlier today.  Cliff Baxter passed away this morning.  Cliff gave many years of dedicated service to the company and his spirit and wit will be remembered.  Our thoughts and prayers go out to Cliff's wife, Carol, and his two children, J.C and Lauren.

We know many of you will want to do something for Cliff's family.  We will notify you as soon as possible about the Baxter's wishes.


Vince,
 I'm working for Chris Clark, and I was wondering if you can help me to get
in touch with someone in the research group who had written some of our
software.  Kevin Golden tells me that he thinks Jason Sokolov was the guy who
had written an application for us to download emissions data from the EPA web
site.  Could you confirm this?  If this is correct, is he still in your
group?  Thanks a great deal.

Sincerely,
John Anderson


Apply this volume to deal 101303.  The point is on the ticket, but nothing
was nom'd that day.

D

Mary Poorman@ENRON
11/29/2000 02:49 PM
To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: Meter 1594 for Nov.

We had flow on the first, prior to the shut in for work.  I need a deal to
pick up the 500 and change that squeaked through the meter, please.  My
exceptions need to be cleared pretty quickly.

Thank you,

Mary


FYI, another arrow in our quiver:

? Moody's has put California's credit rating under review for another
downgrade.  Sources report that Moody's, S&P, and MBIA have all informed
California that "the only way the state will improve its credit rating and
look better to investors is to get out of the power business and resolve the
undercollected."


Shirley,

Please, pay.

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 03/29/2000
12:33 PM ---------------------------

Lacima <Lacima@compuserve.com>@compuserve.com> on 03/28/2000 02:49:43 PM
To: shirley <Shirley.Crenshaw@enron.com>
cc: Vince <Vince.J.Kaminski@enron.com>
Subject: invoice for energy derivatives courses

Shirley,

Please find attached the invoice for the energy derivatives courses.  If I
should forward this to someone in accounts, please let me know who I should
contact and I will take care of it.

Thanks,
Julie

Lacima Consultants
 - enron 28_03_00.doc


Attached is PIRA's latest "Electricity Daily Demand Forecast."

If you have any questions regarding the report's content, please contact
Morris Greenberg (email: morris@pira.com) or Victoria Watkins (email:
vwatkins@pira.com), at (212) 686-6808.

Contact John Graziano regarding PIRA report distribution and address changes
at (212) 686-6808, email: support@pira.com.

NOTE: Circulation of the "Electricity Daily Demand Forecast" outside a
Client's licensed distribution area is strictly prohibited. Clients that are
unsure of their licensed distribution or require an extension of their
current license should contact their PIRA sales representative, or email to
sales@pira.com.

PIRA Energy Group

 - ed050701.pdf
 - ed050701.xls


As many of you know, I am relocating myself and my family to Portland.  I
have a found a new house (yeah!) but need to move my family up here before
the house will be ready.  So,  I am looking for a house to sit or a furnished
house or apartment to rent. Two bedrooms or larger.  We would occupy the
abode through April 14.  I can begin the sit/rental immediately but no later
than March 31.

If you know of something, please come see me.

Thanks,

Alan Comnes
x8129


Attention all e-trepreneurs!

Fordham's Office of Alumni Relations is sponsoring an

"At a Dot.Com" Networking Night.

Thursday, November 30th
6:00 - 9:00 p.m.
@ Fordham's Lincoln Center Campus
(113 West 60th Street, 12th Flr.)

There will be a panel of e-biz and web savvy alumni on hand to share their
thoughts, experiences and insight.  On hand will be alumni who are looking
to break into cyberspace or are currently online that can share the
experience with you.

For more information, or to register for this event, please contact Jose
Gonzalez by replying to this e-mail or sending an e-mail to:

jogonzalez@fordham.edu

For more information on the event, go to the Fordham University web site:

http://www.fordham.edu/alumni/alumni.html

(If link does not work, please copy and paste into browser)


---------------------- Forwarded by Sara Shackleton/HOU/ECT on 11/05/99 09:27
AM ---------------------------
To: Sara Shackleton/HOU/ECT@ECT
cc: Gary Hickerson/HOU/ECT@ECT, Lynn
Aven/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Shari Stack/HOU/ECT@ECT, Joe
Kishkill/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Pushkar Shahi/HOU/ECT@ECT
Subject: Re: Financial Trading in Brazil

I am not aware of any products that need to be identified prior to 12/31/99.
Going forward into next year, the following products might be of interest for
trading.  Our current plan for managing risk is via offshore products through
Gary's group due to tax and regulatory reasons.

1. Brazil corporate eurobonds
2. Brazil Brady bonds
3. Other country corporate and/or Brady bonds (ie, can a Brazil limitada own
an Argentine eurobond?)
4. Bovespa index futures
5. R$ currency futures
6. Local Treasury bills (both US$ indexed and R$ rate) such as BBCs, LBCs,
LTNs, NTNs, NBCs, etc
7. R$ currency forwards
8. Rules/regulations/tax effects on individual stock trades
9. Local company commercial paper (typically trades at 105% to 110% multiple
to the overnight rate depending on credit).

As discussed, it would be interesting to see what the tax effects are on each
type of investment, what margin is required, and what offshore alternatives
are available for items #4-8 (the first 3 are bringing offshore items into
Brazil, which we might do if there was a tax benefit that could be obtained).

Thanks,  Bruce

Sara Shackleton@ECT
11/02/99 03:44 PM
To: Gary Hickerson/HOU/ECT@ECT
cc: Lynn Aven/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Bruce
Harris/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Shari Stack/HOU/ECT@ECT

Subject: Financial Trading in Brazil

Before my next meeting with the Tozzini lawyers this month, I would like to
create a list of SPECIFIC products for managing Enron's Brazilian risk.
Bruce Harris is creating a list which he will forward to you shortly.  Please
review this list, comment and identify any products required for trading
prior to December 31, 1999.  Please let me hear from you if you would like to
discuss any issues in particular.  Thanks.  Sara


We have received the executed Master Power Purchase and Sale Agreement dated
11/14/2000 from the referenced CP.  Copies will be given to Legal and Credit.

THIS IS AN EDISON ELECTRIC INSTITUTE (EEI) AGREEMENT.


Bruno Repetto will be in the office on May 11 beginning at 1:00 PM.

Following is the interview schedule:

Vince Kaminski  1:00 PM
Stinson Gibner  1:30 PM
Grant Masson  2:00 PM
Vasant Shanbhogue 2:30 PM
Krishna Krishnarao 3:00 PM
Zimin Lu  3:30 PM
Tany Tamarchenko 4:00 PM

All interviews will be conducted in EB1938.

The calendars that I have access to have already been marked.

Thanks!

Shirley


To all who use Curve Manager,

	As you know, we have been experiencing technical difficulties with Curve Manager on Terminal Server. As of right now, please use Curve Manager locally. This application runs just as fast as on terminal server as it does locally. Also, it seems to be more stable running locally. However, if you DO experience difficulty running this application locally, please let me know ASAP.

thanks,

Michael S. Tully
michael.tully@enron.com
Application Support, Portland
(503)464-7790 Desk
(503)807-7862 Cell

There is never time to do it right, but there is always time to do it over.


Thanks for the quick response.  I will talk to Rebecca to finalize and let
you know.  I am doing well, learning everyday. Thanks Orlando

From: Mark E Haedicke@ECT on 17/04/2001 11:52 CDT
To: Orlando Gonzalez/SA/Enron@ENRON
cc:

Subject: Re: Enron Global Assets Board Slates

Orlando;

I am ok with the your suggestion.  Hope you are doing well.

Mark

	Orlando Gonzalez@ENRON
	04/17/2001 06:18 AM

		 To: Bruce Lundstrom/ENRON_DEVELOPMENT, Mark E Haedicke/HOU/ECT@ECT
		 cc:
		 Subject: Re: Enron Global Assets Board Slates

In order to finalize the board composition for the Annual shareholders
meeting to be held on April 30 I suggest the following:

The board according to the by laws has permanent members (min 4, max 7) and
alternates (min 2, max 4).  We are also required to have an employee
representative as a permanent member and an alternate.  We would like to have
a maximun participation of local residents in order to facilitate board
meetings.

Permanent members:                            Alternates:
 Employee rep                                        Employee rep
Orlando  Gonzalez                                  Jim Hughes,
Joe Kishkill                                               John Novak
 Rebecca McDonald                                Jeff Sommers
Jim Derrick
Joao Carlos Albuquerque
Britaldo
Soares
                                                          This allows for
five local residents and the Houston membership we needed.  I would like your
opinion as soon as possible so I can discuss with Rebecca in order to elect
the board on April 30th.  Thanks Orlando

From: Mark E Haedicke@ECT on 27/03/2001 15:49 CDT
To: Orlando Gonzalez/SA/Enron@ENRON
cc: Bruce Lundstrom/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: Re: Enron Global Assets Board Slates

I am ok with your slate, but need some Houston people on board as well.  I
think we can shorten the Houston list by taking me off since John Novak will
be on the board.  I leave it to Bruce to see if it makes sense to shorten the
list further.  Mark

	Orlando Gonzalez@ENRON
	03/27/2001 01:51 PM

		 To: Bruce Lundstrom/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mark E
Haedicke/HOU/ECT@ECT
		 cc:
		 Subject: Re: Enron Global Assets Board Slates

Did you  get a chance to review the Elektro board make up.  I would like to
finalize before the next ordinary shareholder meeting in Brazil.   Thanks

---------------
See attached regarding Elektro's board membership.  We would suggest that the
board slate be made up of Brazil residents in order to facilitate the
necessary meetings. I would like to include Joe Kishkill, John Novak, Brett
Wiggs, Britaldo Soares and Joao Carlos Albuquerque, all members of our
executive committee to substitute Rick Waddell, Diomedes, Jim Bannantine, and
Rick Lammers.  If  you agree, I will talk to Rebecca to finalize.  Thanks
---------------------- Forwarded by Orlando Gonzalez/SA/Enron on 03/06/2001
05:17 PM ---------------------------

Orlando Gonzalez
02/04/2001 10:35 PM
To: Bruce Lundstrom/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: James A Hughes/ENRON_DEVELOPMENT, Rebecca McDonald/ENRON_DEVELOPMENT,
Jeffrey E Sommers/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Peter E
Weidler/NA/Enron@Enron

Subject: Re: Enron Global Assets Board Slates

Bruce,  This solution does not work for Brazilian entities for legal
reasons.    I will send a summary of the current situation and a proposal to
resolve. We can discuss during your visit.  Thanks

Bruce Lundstrom@ENRON_DEVELOPMENT
31/01/2001 19:26
To: Mariella Mahan/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Peter E
Weidler/NA/Enron@Enron, Orlando Gonzalez/SA/Enron@Enron, Christopher B
Hunt/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Wade
Cline/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Bruce
Lundstrom/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,  Scott
Gilchrist/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, John
Ambler/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mark Schroeder/LON/ECT@ECT,
Richard Shapiro@Enron, Carol Howes/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, David
Shields/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: James A Hughes/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rebecca
McDonald/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Isabel
Romero/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Yvette Pinero/NA/Enron@Enron, Ann
Brown/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Wendi
Hoelscher/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mrudula
Gadade/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Connie
Blackwood/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rejane
Pansiera/SA/Enron@Enron, Eduardo Robles/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Carla Galvan/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sonnia
Reyes/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Leigh Ann Van
Houten/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Lauren
Hagerty/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Darlene
McKeever/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Larry
Pardue/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Tami
Scrudder/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Denise
Almoina/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: Enron Global Assets Board Slates

Folks -

The Legal Specialists in EGA are working up new director/officer slates for
the EGA entities.  We will be appointing the following list of directors for
EGA entities:

Rebecca McDonald
Jim Hughes
Jeff Sommers
Jim Derrick
Mark Haedicke

There will be some exceptions to this slate, particularly where local law or
the necessity of regular board attendance requires additional (or even
different) directors to be appointed.  These will be considered on a
case-by-case basis.  Allow the Legal Specialists the opportunity to come up
with their tentative slates and then we will give them to the regional heads
for comment.

Some of you will be asked to resign your current directorships.  I hope that
no one will take offense to the fact of of the changed slates -- none is
intended.  We have found that this common slate has made corporate governance
more efficient and less complicated.

Thank you for your cooperation.  Please pass this message along to others in
your respective groups as you deem necessary.

Bruce

---------------------- Forwarded by Orlando Gonzalez/SA/Enron on 03/06/2001
05:17 PM ---------------------------

"Vasco de Castro Ferraz Junior" <vcferraz@elektro.com.br> on 02/23/2001
06:14:14 PM
To: Orlando.Gonzalez@enron.com
cc: cminch@elektro.com.br

Subject: Re: Board Members

To be elected as a Board member a person must be a shareholder of the Company
(normally one share is transferred to such member) and tehre is no more the
requirement of the Brazilian residency.
There is no other mandatory requirements.
However one has to have in mind that from a practical point of view it  is
not viable to have only non residents at the Board (frequent trips to Brazil,
less flexibility on timing to pass resolutions about ugent matters etc)
Ideally at least trhee shoul be resident in Brazil (present minum quorum to
held a Board Meeting.)
Vasco.

>>> <Orlando.Gonzalez@enron.com> 2/4/01 11:39:09 pm >>>

Vasco   What are the residency requirements for board membership?  Are
there other specific requirements?  I would like to send a proposal this
week. Thanks

"Vasco de Castro Ferraz Junior" <vcferraz@elektro.com.br> on 30/01/2001
12:53:03

To:   Orlando.gonzalez@enron.com
cc:

Subject:  Board Members

Orlando:
As per your request, please find bellow the names of all of the present
members of Elektro's Board.
Firstly is to be mentioned that according to Elektro's By Laws, the Board may
have a minimum of 4 and a
maximum of 7 permanent members (one obligatorily must be elected by
appointment of Elektros' employees) and a minimum of 2 and a maximum of 4
alternates (one obligatorily to act solely as alternate to the employees'
representative at the Board)

Permanent members:
Diomedes Christodoulou (President)
Orlando Goanz?lez
Ricky Linn Waddell
Geraldo Gon?alves Pereira (elected by appointment of Elektro's employees)
Vacant (3)
Alternate members:
James Martin Bannantine
Richard Allan Lammers
Ricardo Louren?o Carneiro (alternate to Geraldo Gon?alves)
Vacant (3)

The election and/or dismissal of the Board members has to be decided by the
shareholders of the company.
Normally the election o the Board members takes place at the annual
Ordinary Shareholder's meeting. (This year, our OGM is scheduled to take
place on April, 29th.)
However this matter  can also be decided at any time via an Extraordinary
Shareholder's Meeting  that has to be called trough a  Board Resolution
that  has to be publicized at the Official Gazette no later than 8 days
prior to date of such EGM.
Should the present number of the Board members be maintained (i.e 4
permanent and 3 alternates), the election of new members (from our side)
will have to be made upon the resignation of those presently on seat.
Should you deem necessary, please call me at your earliest convenience.
Least but nol east As I vave mentined to you the other day, it is quite
normal to appoint the senior legal council as an alternate to the permanent
members of the Board so that he may legally be present at all the board
meetings


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Hi.  How you feeling these days?  From whom can I get copies of the following
presentations?

2000 RB-NGC-0800-2
2000 JN-2080039-4

Thanks a billion.


-----Original Message-----
From:  Mann, Kay
Sent: Thursday, May 24, 2001 11:35 AM
To: Mann, Kay
Cc: Rorschach, Reagan; Kroll, Heather; Fairley, David; May, Tom
Subject: Re: Open items for MDEA

More:

We need internal agreement on the cancellation fee schedule, to be included
as an exhibit.
[Rorschach, Reagan]  I will create today and email to you.

What is the status of the Yazoo City master gas agreement? [Rorschach,
Reagan]   I will check.   Do we still want a master gas agreement for
Clarksdale, also?   [Rorschach, Reagan]  yes Do we want it now? [Rorschach,
Reagan]  yes, so long as it does not bog you down

Thanks,

Kay

Kay Mann
05/23/2001 05:05 PM
To: Reagan Rorschach/Enron@EnronXGate, Heather Kroll/Enron@EnronXGate, David
Fairley/Enron@EnronXGate, Tom May/Enron@EnronXGate
cc:

Subject: Open items for MDEA

Here are issues which I'm unclear about, all of which impact the drafting of
the agreement:

How are we setting the heat rate?  Do we have the GADS (?)?  Is it a daily
average, weekly average?  Flat rate? Adjusted? If so, how often?

Are we comfortable that there are no permit restrictions?

We have determined that we won't deal with fuel oil, right?

We aren't making money on gas, right?

Do we have a defn of costs that we like yet, and if so, how does it fit in to
the picture?

Is there an up-to-date set of exhibits?

It would help if theh commercial part of the team could send me the
following, in words and/or formulae:

The defn and method of establishing the bogey (target production cost)
formula can be an exhibit, which would be great for the commercial team to
work on.   Are we determined how we should deal with imbalances (part of cost
of power)?  How are we setting the bogey?  Formula?  Subject to audit? Two
bogeys or one (gas and oil)?

What is defn of profit?  I think I have the general idea, but a sentence or
two would be helpful as a reality check.  What costs are included on the buy
and sell side?

Re stack model: a sentence or two describing what it is and how it is used.

Updated exhibit on facilities, contracted resources, operating limits.

What information does MDEA need for us to provide in order to split
costs/profits?  Are we clear that Cities buy gas, MDEA buys/sells power?

It would be great if I could get one set of answers to these
questions/issues, which has commercial buy in all around.

Thanks,

Kay


Cara,

I tried opening your file and experienced some problems as well.  I will figure out what is causing the problem and hopefully have something for you to play with first thing tomorrow.  I may have to go ahead an make the changes required to fix the saving/loading that I described in my previous email.

I apologize for the inconvenience.

Will

 -----Original Message-----
From: 	Semperger, Cara
Sent:	Monday, June 18, 2001 5:19 PM
To:	Smith, Will; Luu, Duong
Subject:	Testing Preschedule Workspace

Good Afternoon,

I have been unable to sucessfully test the Preschedule workspace, here are the problems I have run up against:

In the special Terminal server that Will sent me,  I was unable to copy from Excel and paste into the app

In the local system, I was able to copy from Excel and Paste into the app, but it would not allow me to save any data.  The app saved itself as a file, but none of my data were preserved in it. Here is the saved app file that was created.

 << File: MAY_O2_PV.psc >>

Both locally and in Terminal server, I was unable to close the app.  I had to use the task manager and end task to get me out of the Preschedule workspace viewer.  I did get numerous dialog boxes with various errors, but did not log them all. I can do that if you wish.

I have a set of data re-designed to match the columns of the app, here is the data for May 2.  This will be the approximate size of the sheet if monthly deals are required to be included.

 << File: may2pvhlhdata.xls >>
Please let me know what I can do to begin testing again,  I am very anxious to get started.

Cara


- N.E.SUM-2000.doc


If you have an Enron Company Pager please turn it in to Claudia or myself by the end of this week.  We are going to close our account with Pagenet.

Thanks for your help.

T.Jae Black
East Power Trading
Assistant to Kevin Presto
off. 713-853-5800
fax 713-646-8272
cell 713-539-4760


http://www.AdvisorTeam.com
go here take the test


I'm not sure why you're seeing a price of $65.70 come through on this deal,
but I'm looking at the deal in EnPower right now and I see a price of $65. If
you could let me know what report is showing the incorrect price, I might be
able to figure out why.

Thanks,
Kate

Judy Dyer@EES
04/17/2001 08:16 AM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Real Time

Your deal # 581358.1 is showing a price of 65.70 but on the Real Time
spreadsheet, I see 65.00.  Which is correct?

Thanks for you help

Judy


---------------------- Forwarded by Phillip K Allen/HOU/ECT on 01/18/2000
06:03 PM ---------------------------

enorman@living.com on 01/18/2000 02:44:50 PM
To: Phillip K Allen/HOU/ECT@ECT
cc: ben@living.com, enorman@living.com, stephanie@living.com
Subject: RE: Choosing a style

Re. Your living.com inquiry

Thank you for your inquiry.  Please create an account, so we can
assist you more effectively in the future.  Go to:
http://www.living.com/util/login.jhtml

I have selected a few pieces that might work for you.  To view, simply click
on the following URLs.  I hope these are helpful!

Area Rugs:
http://www.living.com/shopping/item/item.jhtml?productId=LC-ISPE-NJ600%282X3
%29

http://www.living.com/shopping/item/item.jhtml?productId=LC-CCON-300-7039%28
2X3%29

http://www.living.com/shopping/item/item.jhtml?productId=LC-MERI-LANDNEEDLE%
284X6%29

http://www.living.com/shopping/item/item.jhtml?productId=LC-PAND-5921092%289
.5X13.5%29

Sofas:
http://www.living.com/shopping/item/item.jhtml?productId=LC-SFUP-3923A

http://www.living.com/shopping/item/item.jhtml?productId=LC-CLLE-583-SLP

http://www.living.com/shopping/item/item.jhtml?productId=LC-CLLE-359-SLP

http://www.living.com/shopping/item/item.jhtml?productId=LC-JJHY-200-104S

Chairs:
http://www.living.com/shopping/item/item.jhtml?productId=LC-CLLE-566INC

http://www.living.com/shopping/item/item.jhtml?productId=LC-CLLE-711RCL

http://www.living.com/shopping/item/item.jhtml?productId=LC-CLLE-686

http://www.living.com/shopping/item/item.jhtml?productId=LC-SWOO-461-37

Occasional Tables:
http://www.living.com/shopping/item/item.jhtml?productId=LC-MAGP-31921

http://www.living.com/shopping/item/item.jhtml?productId=LC-PULA-623102

http://www.living.com/shopping/item/item.jhtml?productId=LC-CASR-01CEN906-E

http://www.living.com/shopping/item/item.jhtml?productId=LC-CASR-02CEN001

Dining Set:
http://www.living.com/shopping/item/item.jhtml?productId=LC-VILA-COMP-001

http://www.living.com/shopping/item/item.jhtml?productId=LC-SITC-FH402C-HHR

http://www.living.com/shopping/item/item.jhtml?productId=LC-COCH-24-854

Best Regards,

Erika
designadvice@living.com

P.S. Check out our January Clearance
http://living.com/sales/january_clearance.jhtml
and our Valentine's Day Gifts
http://living.com/shopping/list/list.jhtml?type=2011&sale=valentines
-----Original Message-----
From: pallen@enron.com [mailto:pallen@enron.com]
Sent: Monday, January 17, 2000 5:20 PM
To: designadvice@living.com
Subject: Choosing a style

I am planning to build a house in the Texas hillcountry.  The exterior will
be a farmhouse style with porches on front and back.  I am considering the
following features:  stained and scored concrete floors, an open
living/dining/kitchen concept, lots of windows, a home office, 4 bedrooms
all upstairs.  I want a very relaxed and comfortable style, but not exactly
country.  Can you help?

==========================================
Additional user info:
ID = 3052970
email = pallen@enron.com
FirstName = phillip
LastName = allen


Thanks LOSER

 -----Original Message-----
From: 	Love, Phillip M.
Sent:	Tuesday, January 15, 2002 2:09 PM
To:	Espey, Darren
Subject:	RE: official post ids

already got them slacker.

 -----Original Message-----
From: 	Espey, Darren
Sent:	Tuesday, January 15, 2002 2:08 PM
To:	Love, Phillip M.
Subject:	RE: official post ids

My official post ID's from Nov. 30th are 1424131 through 1424152, and 1424156 through 1424167, and 1424262 through 1424279.

 -----Original Message-----
From: 	Love, Phillip M.
Sent:	Tuesday, January 15, 2002 12:26 PM
To:	Brady, Edward; Clause, Kristen; Espey, Darren; Hungerford, James; Mills, Bruce; Rabon, Chance; Videtto, Melissa
Subject:	official post ids

I need all of your official post ids from your old books for the date of 11/30/01.  Please email them to me ASAP.
PL


Goals/priorities for 2001
Vacation carry-over from 2000

Robert E. Bruce
Senior Counsel
Enron North America Corp.
T (713) 345-7780
F (713) 646-3393
robert.bruce@enron.com


Market East needs to recognize $24,200 of Middle Market -East Originations
granted by the Pipe Options book.

Thanks,
Robin


The strip settled 3.255
volume 1 is -12 cents
volume 2 is - 8 cents

 -----Original Message-----
From: 	Diamond, Russell
Sent:	Friday, September 21, 2001 11:29 AM
To:	Quigley, Dutch
Subject:	FW: NYMEX Quote

Dutch,

Per my call, please provide me your bids as of last night's close for period's 1 and 2.

Thanks,
Russell

 -----Original Message-----
From: 	Diamond, Russell
Sent:	Monday, September 17, 2001 4:27 PM
To:	Quigley, Dutch
Subject:	NYMEX Quote

Dutch,

Per your request, please see attached volumes set 1 and 2 for your bid.

Thanks,
Russell

 << File: NYMEX Quote.xls >>


thanks-- just getting back now and will pass along to legal and chase up.

-----Original Message-----
From: Tana.Jones@enron.com [mailto:Tana.Jones@enron.com]
Sent: Monday, October 16, 2000 4:58 PM
To: mbergonia@edfman.com
Cc: Bob.Shults@enron.com
Subject: NDA-ED&F Mann International Inc.

Mary,

At the request of Bob Shults, I am attaching our proposed form of
Non-Disclosure Agreement.  Please call me or Bob with any comments or
questions you might have.  My phone no is 713/853-3399 and Bob can be
reached at 713/853-0397.  If the agreement meets with your approval, please
fax a signed copy to me at 713/646-3490.  We look forward to hearing from
you.

(See attached file: ed&f mann.doc)


FYI
---------------------- Forwarded by Laurel Adams/HOU/ECT on 12/04/2000 09:09
AM ---------------------------

DOCUMENTS <DOCUMENTS@isda.org> on 12/04/2000 09:09:13 AM
To: Laurel.Adams@enron.com
cc:
Subject: RMAC memo from Bob Pickel

Attached please find the memorandum from Bob Pickel regarding Reference to
Master Agreement in Confirmations; Change in Telerate Listing Pages for
Certain LIBOR Rates.

 <<rmacmemo.pdf>>

Please note that this e-mail response system is entirely automatic and
incoming e-mail will not be read by ISDA staff.  If you encounter any
problems opening the attached documents, please contact Barbara Hanlon at
bhanlon@isda.org.

 - rmacmemo.pdf


FYI - Gary P. Nunn is going to be playing New Year's Eve at Gruene Hall.

On the Ted front...It's Tuesday afternoon and I haven't contacted him yet.
I'm planning on calling him at home early this evening and telling him that
"a beer and a chat sound like a good idea, how about tomorrow night?".  I
will be requesting that he either call me at home tonight if he gets in early
enough or tomorrow at work.  This should all prove very interesting.

Susan


[IMAGE] Forums Discuss these points in the Forums:  Forexnews Forum       Technicals Live Charts Analysis available from: Cornelius Luca   J.P. Chorek   Technical Research Ltd.   Charts & News featuring Standard & Poor's       Interest Rates   US: Japan: Eurozone: UK: Switzerland:   1.75%  0.15%  3.25%  4.0%  1.25-2.25%       [IMAGE] 	 [IMAGE]  Japanese Forex Trading Preview  February 24, 7:00 PM: EUR/$..0.8751 $/JPY..134.03 GBP/$..1.4316 $/CHF..1.6896  Japanese Forex Trading Preview  by Darko Pavlovic  At  6:50:00 PM Japan  Jan Trade Balance  (exp n/f, prev 661.3 bln)     The dollar is trading above 134 yen, as markets wait for Japan's anti deflation program due out on Wednesday that could bring some hope to already ailing economy. Due also this week is Bank of Japan's Policy Board meeting on Thursday and US Fed Chairman Greenspan's bi annual speech before Congress on Wednesday. Prime Minister Koizumi is expected to announce his plans to fight deflation on Wednesday, and measures include proposals for the Bank of Japan to add foreign bonds and exchange-traded investment funds to its list of assets for purchase as well as increasing the amount of government bonds it purchases outright.. Should the reform package disappoint markets, the yen is likely to come under renewed downward pressure. It also urged the Resolution and Collection Corp. to increase its purchase of problem loans from banks, calling on the body to draw on the expertise of specialists in the area of corporate rehabilitation and debt appraisal. The RCC needs to upgrade it operations, which now focus too heavily on minimizing possible losses on the loans it acquires, according to the panel. Japan January customs cleared trade balance turned to a surplus of 1881. bln yen after registering a deficit of 95.7 bln yen a year earlier. Japan's surplus with the US, its largest trading partner rose 14.9% y/y to 524.8 bln yen, for the first time in 10 months.Upside capped at 134.50, followed by 134.85 and 135.15. Support holds at 133.20, 133.and132.50.   EUR/USD is trading around 87.50 rising on Friday's better-than-expected Eurozone current account surplus of 2.9 bln euros in December that brought the c/a deficit down to 9.3 bln euros in 2001 from 70.1 bln in 2000. The gain in the current account surplus was offset by a fall in portfolio investment of 11.1 bln euros in December, even though net portfolio flows reached a 40.9 bln euro inflow versus a 102.8 bln outflow in 2000. In a recent Reuters survey, economists forecasted that although Eurozone inflation would fall in February, it would still be above the European Central Bank's 2% ceiling and thus lessen the chances the ECB would lower rates at its next monetary policy meeting on March 7. Eurozone HICP, which is due this Thursday, is estimated to edge down to 2.4% y/y from 2.5% in January. Eventually, analysts foresee the central bank will cut rates when inflation falls lower, possibly by the second quarter of this year. Resistance is seen at 87.85, 88.10 and the 200-day moving average at 88.50. Support is viewed at 86.80, 86.45/50 and 86.10.  Looking forward to this week, key US indicators include existing home sales, Conference Board Consumer Confidence survey, durable goods, new home sales, jobless claims, GDP, Chicago Purchasing Managers Index, personal income and consumption, University of Michigan confidence survey, ISM (formerly NAPM) PMI. In the midst of all the economic releases, markets will be carefully listening to Fed Chairman Greenspan's semi-annual monetary policy testimony before the House Financial Services Committee on Wednesday for any hint that the central bank may begin to raise interest rates sometime this year. Major data due for release from the Eurozone comprise German PPI, Spanish PPI, German Ifo business climate indicator, French CPI, Italian foreign trade, Euroarea M3, German GDP, French INSEE industry survey, French PPI, Italian retail sales, Belgian CPI, Euroarea HICP, French unemployment, Italy's ISAE industrial confidence survey, Italian PPI, Euroarea manufacturing PMI, Euroarea retail sales, German manufacturing PMI, French manufacturing PMI, France's INSEE household survey, Italian manufacturing PMI, Italian CPI, Italian GDP, and Spanish unemployment.    	[IMAGE] Audio Mkt. Analysis USD Holds Steady Despite Drop in Stocks       Articles & Ideas  Off Goes the Franc, On Comes Jospin   JPY: Japan's Reform Dilemma       Articles & Ideas Forex Glossary   Economic Indicators   Forex Guides   Link Library      [IMAGE]
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Today, we are forming Enron Global Services (EGS) in order to more closely align our asset-based businesses.

This reorganization will allow EGS to focus our resources on opportunities that present the highest value to Enron.  It will also accomplish the following:  1) enhanced synergies among our assets and personnel, 2) more effective prioritization of business opportunities, and 3) better management of Enron's asset-based businesses throughout the world.

Enron Global Services' energy asset portfolio includes the North American pipeline businesses of Enron Transportation Services (ETS), including Northern Border; the international pipeline, power and distribution operations of Enron Global Assets & Services (EGAS); Portland General Electric; EOTT Energy Corp; Enron Wind; Azurix and Wessex Water.

Reporting to me as the heads of their respective business units are:
?	Jim Hughes, President & COO - EGS/International
?	Danny McCarty, Managing Director & CCO - ETS
?	Bill Cordes, President - Northern Border Partners
?	Peggy Fowler, President & CEO - Portland General Electric
?	John Garrison, President & CEO - Azurix
?	Dana Gibbs, President & COO - EOTT Energy Corp
?	Colin Skellett, CEO - Wessex Water
?	Adam Umanoff, President & CEO - Enron Wind

With the creation of EGS, we hope to enhance the efficient utilization of our commercial support services.  To accomplish this, EGS' staff and operational functions will be headed by:
?	Rod Hayslett, Managing Director & CFO
?	Rob Walls, Managing Director & General Counsel
?	Phil Lowry, Managing Director, Pipeline Operations and Engineering & Construction
?	Brian Stanley, President & CEO - EEOS
?	Steve Hotte, Vice President & CIO
?	John Ambler, Vice President, Communications & PR
?	Gary Smith, Vice President, Human Resources

In addition, Rob Walls will continue to perform his role as Deputy General Counsel for Enron reporting to Jim Derrick.

Phil Lowry will be responsible for domestic pipeline operations, technical services and engineering & construction, as well as, international pipeline technical services and engineering & construction.  Brian Stanley will be responsible for technical services and engineering & construction for international power and distribution facilities.

Below is an organization chart for Enron Global Services, which displays the changes described here.  We are confident this new organization will focus our talent and capital appropriately.  Please join me in supporting this management team as it strives to maximize Enron's return on its assets.

<Embedded Picture (Metafile)>


In today's volatile energy markets, those who are able to make objective buy and sell decisions can make significant profits and greatly improve cash flow.

Due to popular demand for our "Learn Technical Analysis" Class, we have scheduled additional Houston dates at the Marriott West Loop.  The next class is July 17 - 18.

For more information, call Jennifer Smith at 505-237-1600, Email me at jennifersmith@kaseco.com or visit our website at http://www.kaseco.com/classes/class.htm.

You may go directly to the registration form at at http://www.kaseco.com/classes/register.htm.

Learn Technical Analysis Syllabus
* Charting Basics, Types of Charts, Support and Resistance
* When to Buy or Sell (Entry Techniques)
* When to Exit Based on Signals (Momentum and Divergence)
* How to Exit Based on Stops (Managing Trade Risk)
* Chart Patterns and Forecasting Basics (Candlesticks, Elliott Wave, Flags, etc.)
* Statistical Hedging

Save money by registering before June 14.  Your cost will be reduced from $995.00 to $845.00 for one person and to $795.00 for two or more. In addition, you will receive a complimentary copy of "Trading with the Odds" by Cynthia Kase.

Please forward this information to anyone who might benefit.  Thank You!!

If you wish to be taken off our mailing list, reply with UNSUBSCRIBE in the subject line.


I wanted to give you a quick update on ConfirmLogic....

Testing was done last week on the ConfirmLogic module.  On Thursday, we
discussed with Kathryn Cordes and the ConfirmLogic IT team the items that we
had found that were "show stoppers" as far as releasing the product for Beta
Testing.  Some of the major Items found were the inability to properly handle
Basis Swaps for Gas and inability to display meaningful Index References for
Power (they were pulling in a code rather than a description of the Index).

The team worked on the "fixes" and migrated the code last night.  Today
during testing, they found that the new code had actually caused problems
with the fixed price and volume information, which was working previously.  I
talked to Kathryn and she said that the were rebuilding the code.  She said
that someone had tested the fix last night and everything worked fine.  We
plan more testing in the morning.

They are doing a high-level demo this Thursday for Beta Customers just to
introduce the module.  They were planning on having more extensive Beta demos
for each client starting next week but realize that those may have to
postponed further.

We have told them that we would not sign off for Beta testing until we were
comfortable that the items that we identified were working.  We need
consistent, stable days of testing before I will feel comfortable.

Overall, we like the "new" streamlined version of the screens and feel that
it will be a good product if they can work out the data display issues.

Call with any questions.

Kim Theriot


Start Date: 4/22/01; HourAhead hour: 22;  HourAhead schedule download failed.
Manual intervention required.

    LOG MESSAGES:

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pls circulate to the group.  Thanks df
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 10/31/2000
05:35 PM ---------------------------

Kevin Hyatt
10/31/2000 12:38 PM
To: Drew Fossum/ET&S/Enron@ENRON
cc:

Subject: Electric Developments

please distribute for your staff meeting
KH
---------------------- Forwarded by Kevin Hyatt/ET&S/Enron on 10/31/2000
12:37 PM ---------------------------

Jeffery Fawcett
10/27/2000 12:34 PM
To: Steven Harris/ET&S/Enron@ENRON
cc: Kevin Hyatt/ET&S/Enron@Enron
Subject: Electric Developments

I consulted with Kevin before I took the oars in trying to answer your
question, as well as the questions raised in Drew's e-mail.  Here's what we
found out...

Steve's question:

What economics would determine if a developer could site a power plant in New
Mexico (maybe 3,000MW) and build a line to the grid in California versus us
expanding to deliver the gas to a power plant in California?

What you're really asking here is "What are the comparative economics of
energy delivered by wire versus energy delivered by pipeline?"  In this
analysis, there are a few considerations -- (1) original capital cost to
construct facilities, (2) the operating cost of the facilities, including
energy loss, and (3) environmental and other permitting considerations.

 Engineers tell us that, as a rule of thumb, high voltage transmission lines
and tower facilities cost approximately $800,000 to $1MM/mile to construct
turnkey.  This figure is comparable to the $1MM/mile "rule of thumb" we use
for turnkey construction of mainline diameter (30-36") high-pressure steel
pipeline.

In terms of operating costs, for anything over 100 miles in length, there are
three (3) basic sources of energy loss in electric transmission: (1)
transformation loss, (2) radiation loss (EFM) and (3) heat loss across the
conductors.  A rule of thumb for electric transmission loss is 3%.  This
number is comparable to the actual fuel used for compression on
Transwestern's pipeline.

The most critical issue impacting construction of high voltage transmission
lines is in the area of permitting.  There just aren't many new transmission
lines being approved.  It was suggested by more than one source that an
electric transmission project on the order posited in your example, could
take anywhere from 6 to 10 years to secure authorization.  The issues of
electromagnetic field (EMF) radiation around high voltage power lines, along
with other wildlife endangerment concerns, are significant obstacles in
securing permits for right-of-way.

In short, the answer is that while the economics on face appear to be
comparable for construction and operation of both natural gas pipelines and
electric transmission lines, the protracted permitting process for electric
transmission lines tips the scale considerably towards the more immediate
returns available on investment in natural gas pipeline infrastructure.

Drew's questions:

1. What are the key factors that determine where a power plant developer puts
his plant?

For purposes of this exercise, I'm assuming we're talking gas-fired
generation.  Developers generally describe four considerations in deciding
where to site a new electric power plant:
 1. Market area demand (distributive) and/or Transmission access to market
 2. Water rights for turbine cooling
 3. Ease of permitting (environmental, encroachment, fed/state/local
regulations, affected agencies/jurisdiction)
 4. Proximity to natural gas pipeline/supply infrastructure

2. Do the transmission access and pricing rules of the various
utilities/power pools vary all that much or are Order 888 tariffs pretty much
the same all over?

FERC Order 888 and 889 require public utilities to commit to standards of
conduct and to file open access tariffs affecting transmission among and
between other utilities and/or power pools in the various operating regions.
FERC ordered public utility transmission owners to provide transmission
access and comparable service to competitors and to functionally separate
their transmission/reliability functions from their wholesale merchant
functions. The rulemaking is analogous to the open access requirements under
FERC Order 436/500/636 affecting interstate natural gas pipelines.  It's
pretty obvious from the California example this past summer, that with
respect to the overall operation of a deregulated power market in individual
states, particularly as concerns the establishment and regulation of
Independent System Operators (ISO's), there is substantial room for
improvement (and possible further FERC involvement).

"In the open access final rule (Order No. 888), the Commission issues a
single pro forma tariff describing the minimum terms and conditions of
service to bring about this nondiscriminatory open access transmission
service.  All public utilities that own, control, or operate interstate
transmission facilities are required to offer service to others under the pro
forma tariff.  They must also use the pro forma tariffs for their own
wholesale energy sales and purchases.  Order No. 888 also provides for the
full recovery of stranded costs--that is, costs that were prudently incurred
to serve power customers and that could go unrecovered if these customers use
open access to move to another supplier."

3.  How do IPP's decide what fuel supply strategy works best (i.e., buy
bundled delivered fuel from someone vs. buy gas, storage, transport, etc.
separately)?

In my experience, there is no "one size fits all" formula or strategy.  For
example, in the past we've seen Calpine take a very hands-on approach to
supplying its IPP projects.  In the mid to late '80's, during the build out
of several QF's (cogens), Calpine bought natural gas reserves in the ground
and dedicated them to the project.  In today's market, Calpine has scavenged
the gas and basis traders from Statoil and set-up a natural gas desk for the
purchase and transportation management of gas supplies needed for its western
U.S. power projects.  In other projects, developer/owners and their lenders
are satisfied with a less active role in securing gas supply/transportation
to the project.  In short, projects look at the liquidity of the gas supply/
transportation market in deciding whether they can achieve project economics
and secure reliable supply by taking bids or RFP's for gas
supply/transportation, or whether to take a more hands-on approach ala
Calpine.

4.  What is the RTO Rule and why should we care?

Last December, the FERC issued Order No. 2000, a final rule on Regional
Transmission Organizations (RTO's).  Order 2000 builds on the foundation of
Orders 888 and 889 (issued in 1996).  According to FERC Chairman Jim Hoecker,
Order 2000 makes "a persuasive case for separating control of grid operations
from the influence of electricity market participants."  Therefore, Order
2000 can be seen as a natural outgrowth of the perceived limitations on the
functional unbundling adopted in Orders 888 and 889, continuing balkanization
of the electric transmission grid based on corporate, not state or regional
boundaries, as well as pressure to provide guidance on acceptable forms of
privately-owned transmission companies.

FERC prescribes a voluntary approach to RTO participation.  The order
initiates a regional collaborative process to foster RTO formation.  The
Order also imposes filing requirements on the privately owned "public
utilities" that are subject to FERC jurisdiction, and requires these private
utilities to describe in their filings how they have attempted to accommodate
the needs of transmission owning state/municipal, cooperative and federally
owned systems.  FERC believes that, regardless of format, RTO's will offer
the following benefits: (1) alleviate stress on the bulk power system caused
by structural changes in the industry, (2) improve efficiencies in
transmission grid management through better pricing and congestion
management, (3) improve grid reliability, (4) remove remaining opportunities
for discriminatory practices, (5) improve market performance, (6) increase
coordination among state regulatory agencies, (7) cut transaction costs, (8)
facilitate the success of state retail access programs, and (9) facilitate
lighter-handed regulation.

Critics point out that with its emphasis on flexibility, voluntary RTO
formation and transmission rate reforms (i.e., incentives), Order 2000 defers
for case-specific disposition many of the tough issues that must be resolved
in order to create an operational RTO.   Moreover, Order 2000 does not compel
any transmission owner to join an RTO, but provides only regulatory guidance
and incentives for willing participants, as well as a veiled threat of
further consequences for the hold-outs.

As to the final part of the question ("why should we care?"), presumably, the
development of a fully-functioning RTO network will promote both the
efficiency and market transparency goals of the original FERC orders.  As
FERC reads it, the future of gas-fired generation for both merchant and
utility systems, depends on an efficiently operated open access transmission
system.  Therefore, the promise of the RTO is to stimulate competition and
the ongoing investment in new generation infrastructure.  Unfortunately,
sources tell me that the voluntary nature of the RTO program may ultimately
cripple its effectiveness in meeting its stated goals.

5.  Has $5/mmbtu gas killed the gas fired power market?

Natural gas prices of $5/MMBtu can only "kill" gas-fired power plants in
those instances where (1) there are more economical alternatives to natural
gas fuel, (2) demand for electric power is offset through demand side
management or (3) natural gas in an environment of short supply is expressly
prohibited from use as a power plant fuel.  In the Western U.S. marketplace,
particularly in California, I see no viable alternative to natural gas fuel
for electric power generation.  Renewable resources currently meet less than
5% of the total electric resource requirements.  $32/barrel oil prices give
fuel oil no clear economic advantage over natural gas (even at a $5/MMBtu
price).  Moreover, California environmental and permitting regulations make
the installation of new electric generation based on anything other than
natural gas fuel or renewable resources virtually impossible.   While demand
side management programs are the politically correct approach to meeting
resource needs, historically, they have served only a minor role in
offsetting the growth in electric power.  As to the final point, I'm unable
to comment on the risk of future legal/regulatory restrictions governing the
use of natural gas as a boiler or turbine fuel.

Steven Harris
10/26/2000 10:05 AM
To: Kevin Hyatt/ET&S/Enron@Enron
cc: Jeffery Fawcett/ET&S/Enron@ENRON

Subject: Re: Electric Developments

Since you are the "expert" in this area, I need to know what economics would
determine if a developer could site a power plant in New Mexico (maybe
3,000MW) and build a line to the grid in California versus us expanding to
deliver the gas to a power plant in California. If you could let me know by
next Friday I would appreciate it.

Kevin Hyatt
10/25/2000 04:32 PM
To: sharris1@enron.com
cc:

Subject: Electric Developments

Steve, see below.  Drew asked me to help him out with his meeting.
kh

---------------------- Forwarded by Kevin Hyatt/ET&S/Enron on 10/25/2000
04:34 PM ---------------------------

	Enron Energy Services

	From:  Drew Fossum                           10/25/2000 01:49 PM

To: Dari Dornan/ET&S/Enron@ENRON, Lee Huber/ET&S/Enron@ENRON, Tony
Pryor/ET&S/Enron@ENRON, Maria Pavlou/ET&S/Enron@ENRON, Susan
Scott/ET&S/Enron@ENRON, Jim Talcott/ET&S/Enron@ENRON, Kathy
Ringblom/ET&S/Enron@ENRON
cc: Michael Moran/ET&S/Enron@ENRON, Kim Wilkie/ET&S/Enron@ENRON, Kevin
Hyatt/ET&S/Enron@Enron, John Dushinske/ET&S/Enron@ENRON, Shelley
Corman/ET&S/Enron@ENRON
Subject: Electric Developments

When we originally decided to use my staff meetings for "graduate education"
one of the hot topics was the electric industry.  We all had a first lesson
on this topic in Shelley's electricity seminar last summer.  Now, John and
Kevin have graciously agreed to join us Tuesday at 1:30 to discuss recent
developments in electric markets and NN's and TW's efforts to attract power
generation load to the system.  Specific topics I hope to cover include the
following:
1.  What are the key factors that determine where a power plant developer
puts his plant?
2.  Do the transmission access and pricing rules of the various
utilities/power pools vary all that much or are Order 888 tariffs pretty much
the same all over?
3.  How do IPPs decide what fuel supply strategy works best (i.e., buy
bundled delivered fuel from someone vs. buy gas, storage, transport, etc.
separately)?
4.  What is the RTO Rule and why should we care?
5.  Has $5/mmbtu gas killed the gas fired power market?
 Depending on how deeply we get into these topics, we may need to schedule a
follow-up session at a later date.  I look forward to seeing you on Tuesday.
DF


Don't forget Friday is a TXU LSP Holiday.  Nom's should be made Thursday.

Due to system constraints all Shippers must stay within contract swing
limits.

Imbalance makeup may be scheduled with prior approval from your
Transportation Administrator.

In our ongoing effort to keep TXU Lone Star Pipeline customers aware of
current Daily Available Capacity on our system, TXU Lone Star Pipeline is
pleased to provide you an estimate of available capacity on the TXU Lone
Star Pipeline system.  This is a Microsoft Excel document.  Simply click on
the attachment to view or download to your hard drive.  If you wish to be
removed from this notification, or if you wish to add another person from
your organization, please provide your name, company name, e-mail address
and/or fax number to David Flowers at 214-875-2092 (or via e-mail at
davidflowers@txu.com). TXU Lone Star Pipeline shall not be liable for any
Customers' failure to receive such e-mails. 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 your computer.

(See attached file: TXULSP Avail Cap Elec Gen.xls)


This is input and the transaction number is 418413  Sean forgot to put the
broker in


Errol,

Deal NS5777.2  , from 7/27/2000 of last year,  should have been killed along time ago. Can you kill the deal in the system please.
This might come up as a prior period adjustment, I do not know what happens when they are this old.


I have a request from the ENA settlements group.  Williams Energy is billing
the HPL purchase deals on the ENA invoice.  The accountant at Williams says,
that by the request of the HPL trader, the deals are to be billed to ENA.  We
would like to have the Texas deals billed directly to HPL.  If you do not
have a problem with this, can you ask your counterpart at Williams to split
the deals between HPL and ENA?  It would make the payment process much easier.

Thanks,
Megan
x5-7480


---------------------- Forwarded by Matthew Lenhart/HOU/ECT on 04/03/2001
07:59 AM ---------------------------

"Matt Lenhart" <mlenhart@houston.rr.com> on 04/03/2001 05:44:52 AM
To: <matthew.lenhart@enron.com>
cc:

Subject:

?
 - Kottonmouth Kings - 02 - Here We Go Again-High Society.mp3


I am prapring for a trip to Denver tomorrow.  Can we push this off until next
week.

Yair Yaish
Office of General Counsel
AEGM
2-7955

-----Original Message-----
From: Sara.Shackleton@enron.com [mailto:Sara.Shackleton@enron.com]
Sent: Tuesday, April 24, 2001 7:44 PM
To: yyaish@exchange.ml.com
Cc: Tracy.Ngo@enron.com
Subject: "Transfer" provision

Yair:

Tracy and I would like to discuss the "Transfer" issue with you tomorrow,
if possible.  We think this should be a short discussion (maybe 10
minutes).  How is 1 pm NY time, tomorrow Wednesday April 25?  This seems to
be the most convenient for both of us, but we will entertain times before 3
pm NY time.

Would you please email your response?

Thanks.

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


Here's the deal--I just talked to my guy out in Kennebec S.D. and got a
glowing report on the situation.  His opening day group is down to 6 guys so
he is only giving them access to half of his fields--we get first shot at the
rest.  He's got so many pheasants he's worried about us limiting out to fast
and getting mad.    I assured him that the way we all shoot that wouldn't be
a problem.
When:  Friday-Sunday, Oct. 27-29.
Where:  Kenebec S.D.  (about 2 hours east of Rapid City, about 5 hours from
Omaha)
$$:   $75 per guy per day if we have at least 8 guys.   If we dwindle to less
than 8, its $100 per guy.  (he will cut us some slack on this if some of you
can only hunt 2 days.)
Fish:  Walleye fish fry on Sat. PM included
Lodging :  Super 8 in Chamberlain--about 30 miles away if the weather is
cold, possible camping in Kennebec if people are up for it.  Super 8 is a
lovely place:  motto is "Labs sleep free."  $100 per night, 4 guys per room+
$25/head/night.

So far, I think we've got 5 or 6 guys locked in solid. Another 6 or 8 have
been invited but are obtaining spousal consent.   I'd like to get 10 locked
in solid by end of Sept.  More than that would make the hunting a little
clumsy.  Bay, my wife says you can't come because your new kid is due around
this time.  What a lame excuse!!  You were there for the first 4, right?
Doesn't a guy deserve a bye eventually?  If you guys have anyone else that's
interested other than the folks that have already been invited, let me know
as we may want to invite a few more just to make sure we have around 10.
Talk to you.  DF


Correction ref 490710(Miek Swerzbin) Prebon is showing Enron as the buyer and
Sempra as the seller.

---------------------- Forwarded by Evelyn Metoyer/Corp/Enron on 01/08/2001
04:35 PM ---------------------------

Evelyn Metoyer
01/08/2001 04:38 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Friday deals for Mike Swerzbin

Kate,

 for ref 490710 ( Mike Swerzbin) Prebon just sent over a confirm and the
broker is showing Enron as the seller and Sempra as the buyer.

for ref 490640 (Mike Swerzbin) Prebon just sent over a confirm and the broker
is showing Enron as the buyer and Sempra as the seller

Can you check with Mike and verify this because I confirmed this differently
with Prebon.

Thanks!!

   Kate Symes @ ECT                01/05/2001 04:20 PM

To: Evelyn Metoyer/Corp/Enron@ENRON
cc:

Subject: Re:

They are good deals, but we don't have deal numbers because Mike is out of
the office right now and said he wanted to check with the broker personally
before verifying the price. He's aware that the deals will have to go in late
and be backdated, and that they will not be in his calculation for the day.
Please let me know if there's anything else I can do.

Kate

Evelyn Metoyer@ENRON
01/05/2001 02:23 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject:

Are these good deals for Mike?

---------------------- Forwarded by Evelyn Metoyer/Corp/Enron on 01/05/2001
04:18 PM ---------------------------

Evelyn Metoyer
01/05/2001 03:45 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject:

Can you check Mike Swerzbin for the following deals through Prebon:

Enron sells Sempra 50 mw of Sept.'01  Mid-C at $360.00
Enron buys Sempra 50 mw of July '01 Mid-C at $270.00

Thanks!!


This week's Worry List of items which could adversely impact commencement of
construction include the following:

 1.  Submerged Lands Permit
 2.  DEP Permit
 3.  Babcock appeal of the DEP Permit
 4.  DCA Clearance
 5.  Turbidity Exception
 6.  Punta Gorda Approval
 7.  Corps. of Engineers
 8.  ROW Acquisition

On Monday at our conference call we will need to discuss each of these items,
strategy for timely resolution, and the person directly responsible for
driving the resolution of these items.

Rock


I made some changes, please review:

John Buchanan

From:	Karen Lagerstrom/Enron@Enronxgate on 06/15/2001 02:39 PM
To:	John Buchanan/ET&S/Enron@ENRON
cc:	Joni Bollinger/ENRON@enronXgate

Subject:	Sunflower Procedures

John, please review the attached and provide comments to me.  Thanks.


Hi ! thanks for message. I will try to call you on cell phone.

Love you mucho,

KPD


I don't understand why you were denied access.  Did we improperly file?  Call me.

-----Original Message-----
From: Tow, Eva
Sent: Tuesday, August 28, 2001 1:46 PM
To: Stransky, Joan
Cc: Steffes, James D.
Subject: FW: 562317 Joan Stransky SAP Security Request Form (Eva)

Joan,

Per Judy knepshield, you have been denied access to the requested AP role.  Please be advised that we are closing remedy ticket 562317.

Thank you,
ISC SAP Security

-----Original Message-----
From: Knepshield, Judy
Sent: Tuesday, August 28, 2001 9:31 AM
To: Sap Security
Cc: Stransky, Joan; Steffes, James D.
Subject: RE: 562317 Joan Stransky SAP Security Request Form (Eva)

Denied A/P Access for processing.

Judy Knepshield

-----Original Message-----
From: Tow, Eva On Behalf Of Sap Security
Sent: Wednesday, August 22, 2001 1:33 PM
To: Knepshield, Judy
Cc: Stransky, Joan; Steffes, James D.
Subject: FW: 562317 Joan Stransky SAP Security Request Form (Eva)

Joan Stransky is requesting access to the below role(s) and its pending your approval.  Please email your response to SAP Security.  If you have any questions, please contact her/his supervisor.

FINANCIAL ACCOUNTING ROLES:
   1. Add FN AP Invoice Processing-CORP

User's Current Access:
Std End-User profile for basis and prntg
HR Local Time Keeper - CORP HR
HR EMployee ESS CATS Enterprise HR
FN FI Consolidated Viewer-CORP

Thank you,
ISC SAP Security (Eva)

-----Original Message-----
From: Stransky, Joan
Sent: Thursday, August 16, 2001 5:20 PM
To: Sap Security
Subject: 562317 Joan Stransky SAP Security Request Form

The following request information was recently submitted...

REQUESTOR INFORMATION:

   Business Unit:                CORP
   Cost Center:                  103246
   Company Code:                 001
   Business Unit for Roles:      CORP
   Other Business Units:
   SAP ID:                       p00500449

GENERAL INFORMATION:

   Supervisor:                   James Steffes
   Supervisor Telephone Number:  853 7673
   Employee Name (Last,First,M): Stransky, Joan. F.
   Employee Location:            EB4736B
   Employee Telephone Number:    853-7431
   Employee Email Address:       joan.stransky@enron.com
   Job Title:                    Admin Asst
   SAP User Type:                Enron Employee

   Business Reason:
   I have been asked to support Becky Cantrell and Melinda
   Pharms in timekeeping and invoice coding.

VIEWER ROLES:
   No roles in this area were selected.

FINANCIAL ACCOUNTING ROLES:
   1. Add FN AP Invoice Processing

PROJECT SYSTEM ROLES:
   No roles in this area were selected.

JOINT VENTURE ROLES:
   No roles in this area were selected.

MATERIALS MANAGEMENT / PURCHASING ROLES:
   No roles in this area were selected.

CENTRALIZED ROLES (LIMITED TO SPECIFIC PERSONNEL):
   No roles in this area were selected.

HUMAN RESOURCES (HR PERSONNEL ONLY):
   No roles in this area were selected.

HUMAN RESOURCES - TIMEKEEPERS:
   1. Add  HR Local Timekeeper

HUMAN RESOURCES - BENEFITS (BENEFITS PERSONNEL ONLY):
   No roles in this area were selected.

HUMAN RESOURCES - PAYROLL (PAYROLL PERSONNEL ONLY):
   No roles in this area were selected.


Bernard,

I am forwarding your message to my assistant and she will mail you a reprint.
I would be glad to take a look at your dissertation. Is it available as a
publication, working paper?

Vince

"Murphy, Bernard" <Bernard.Murphy@caminus.com> on 03/01/2001 02:17:39 AM
To: "'Vince.J.Kaminski@enron.com'" <Vince.J.Kaminski@enron.com>
cc:
Subject: 1997 Risk paper on Pricing of Electricity Derivatives

Hello Vince,

My name is Bernard Murphy - I received your e-mail address from Les Clewlow,
who was my PhD supervisor at the Financia Options Research Centre at Warwick
Business School.  I've just finished my PhD on Electricity Price Jump
Diffusions :  A Theoretical and Empirical Study in Incomplete Markets -
hence my interest in electricity price modelling and derivative pricing.  I
was looking to get hold of a copy of your 1997 paper, which has recently
come to my attention :

"The Challenge of Pricing & Risk-Managing Electricity Derivatives", The US
POwer Market, Risk Publications, pp. 149-171.

and Les suggested that I contact you directly (Les is travelling at present
and doesn't have an electronic copy available) to request an e-copy.

Incidentally, I am Lecturer in Finance / Financial Mathematics at University
of Limerick (Ireland) and have taken a year out to work for Caminus UK,
where I am working on introducing and developing a markets-based approach
(spark-spread) to real asset valuations in the UK power industry.

Thanks in advancve

Bernard Murphy


The metered production from Questa Petroleum is  "Behind CPA city gate".
Questa's meter is in CES's Columbia of Pa Pool (or CDC Pool).  Heidi Boyd
nominates this gas to the CES Retail customers each month from the pool.
This gas is in addition to any other gas provided for CES by ENA.  Since it
is "Behind the City Gate" no one at ENA has to nominate the physical flow of
the gas.  The only reason a nomination needs to be made by an ENA scheduler
is to allow payment to the producer.

 Chris Germany should be including this gas in the invoice for CES Retail.

This gas is under contract through October 2000.

John


Nevermind, I see what you did!

Louis

-----Original Message-----
From: Tana.Jones@enron.com [mailto:Tana.Jones@enron.com] On Behalf Of
Tana.Jones@enron.com
Sent: Tuesday, November 14, 2000 9:10 AM
To: lofeco@ev1.net
Subject: Re: Tana

I'll leave you a check tomorrow.  Also, I'm taking Friday afternoon off to
meet the stove repair guy.  Can you meet me there to do house & yard clean
up day?

                    "Louis
                    Fernandez            To:     "Tana Jones"
<tana.jones@enron.com>
                    Co."                 cc:
                    <lofeco@ev1.n        Subject:     Tana
                    et>

                    11/14/2000
                    09:08 AM
Hi Tana, did you get the money situation taken care of. Please let me know.
I do have a payroll to meet.

Thanks
Louis
(See attached file: winmail.dat)

 - winmail.dat


This is copied out of Transco's system and its allll i got.

4091 MAMOU LEIDY II                 LA EVANGELINE      3      512.840
        ENRON SUPPLY FOR NYPA FTNT                               6539


2 side letters have been signed by Mark and should be on their way to you
from Travis (I was out Mon so Travis forwarded).  Call me or Travis if you or
Mike don't get them.  On new letter I will try to get draft out this week or
early next.
eas