I am doing good.  I was out for 4 days (Thurs, Fri, Sat, Sun) of last week.
Just got back from Mexico.  Playa del Carmen, which is about 45 minutes south
of Cancun.    Sun, beach, drinks, party and scuba (Not necessarily in that
order).  It doesn't get any better than that.  Had a great time.

Congrats on 23!  Yes, you are still very young and don't let anybody tell you
otherwise.  When you join the business world, you will be fighting the image
that you are too young to be taken seriously.

Dunk the ring tradition?  You have peaked my curiosity!  You will have to
give me the full rundown on exactly how wild that tradition is.

Are you moving back to Katy for the summer?  What are your plans?  School,
work, etc.

Take care and talk to you later.

Gerald,

Katie McMahon <katie99@tamu.edu> on 05/08/2000 02:44:53 PM
To: Gerald Nemec <Gerald.Nemec@enron.com>
cc:
Subject: Re: Out there?

Yea, I figured that is what had happened.  My e-mail was full and
bounced back a lot of messages.  It's up and running now, however.  How
are you doing?  It sure is hot outside.

I'm 23 now!  Whoppee!  People around here think that I am an oldie.  I
tell them that I may be old in school, but young in the business world.

How was your weekend?  Mine went well.  A friend from Houston came and
visited me on Fri.  We went to the Chicken to watch a friend dunk here
ring.  Are you familiar with that tradition?  It's a wild one that I
have to admit I participated in myself.

Good day,
Katie

Gerald Nemec wrote:
>
> Katie,  Are you still out there?  I tried to email you a couple of times
last
> week, but they wouldn't go through for some reason.


We have received the executed EEI Master Power Purchase and Sale Agreement dated 5/15/2001 from the referenced counterparty.  Copies will be distributed to legal and credit.


FYI: The folks at Susman Godfrey are scheduled to meet with Rebecca McDonald
(and her counsel) at 1:30 p.m. tomorrow.  I will keep you advised.


Correct!

	David Minns@ENRON_DEVELOPMENT
	06/07/2000 07:48 PM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: Re: EOL / Credit / GCP Responses 6/7/00

Question? I assume "open" means able to trade without collateral.

From: Tana Jones@ECT on 06/07/2000 06:35 PM CDT
To: Alan Aronowitz/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, Stacy E
Dickson/HOU/ECT@ECT, Leslie Hansen/HOU/ECT@ECT, Harry M Collins/HOU/ECT@ECT,
David Portz/HOU/ECT@ECT, Elizabeth Sager/HOU/ECT@ECT, David
Minns/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Marie Heard/Enron
Communications@Enron Communications, Robbi Rossi/Enron Communications@Enron
Communications
cc:

Subject: EOL / Credit / GCP Responses 6/7/00

----- Forwarded by Tana Jones/HOU/ECT on 06/07/2000 06:35 PM -----

	Tom Moran
	06/07/2000 05:52 PM

		 To: Frank L Davis/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT, Tana
Jones/HOU/ECT@ECT, Samuel Schott/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT, Sheri
Thomas/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Bernice Rodriguez/HOU/ECT@ECT,
Brant Reves/HOU/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT, David
Hardy/LON/ECT@ECT, Lesli Campbell/HOU/ECT@ECT, Lisa Gillette/HOU/ECT@ECT,
Linda S Bryan/HOU/ECT@ECT, Connie Sutton/HOU/ECT@ECT, Sylvia A
Campos/HOU/ECT@ECT, Molly Harris/HOU/ECT@ECT, Cynthia Clark/Corp/Enron@ENRON,
Mary G Gosnell/HOU/ECT@ECT, Enron Europe Global Contracts and Facilities,
Enron Europe Global CounterParty, Stephanie Sever/HOU/ECT@ECT
		 cc:
		 Subject: EOL / Credit / GCP Responses 6/7/00

Please find attached Credit's EOL responses for 6/7/00.

Regards
tm


I think we may have run out of storage for 3/31 actuals. Let me know if TCO
has a problem. We can transfer gas back on Monday to cover.


Trading Edge's response to our comments.

---------------------- Forwarded by Mike Fowler/Corp/Enron on 09/29/2000
11:56 AM ---------------------------

Jay Mortenson <JMorte@TradingEdge.com> on 09/29/2000 12:11:35 PM
To: "'mike.fowler@enron.com'" <mike.fowler@enron.com>
cc:

Subject: enrside4-1.doc

 <<enrside4-1.doc>>

 enrside4-1.doc

 - enrside4-1.doc


Krishna,

Niclas introduces himself as an associate in the Research Group.
I think we should clarify his status.

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 08/15/2000
05:53 PM ---------------------------

"Michael SCHILMOELLER" <Michael_Schilmoeller@pgn.com> on 08/15/2000 11:08:06
AM
To: NOTES:Niclas.Egmar@ENRON
cc: vkamins@enron.com, Grant_Masson@pgn.com, Stinson_Gibner@pgn.com
Subject: Re: Info help.

Hi Niclas,

I am in the middle of preparing some presentations right now, so it might be
more productive to speak by phone (503-464-8430).  Please leave your number,
if you get my voicemail.

To get you started, you might see if you can get access to the FERC GADS
database of plant forced and planned availability.  It seems others in
Research have asked about this, so you may already have this at your
disposal.  The EIA has a good electronic database of plant FOR and POR
available for free (http://www.nerc.com/~esd/).  I know Alexios in RE/EES has
this.  If you wanted to do it the hard way, you can also ask Jaison to access
the EPA's CEMS data he has summarized on a machine there in Research.  It
contains hourly plant operation for every unit over about 50MW, which you
could aggregate up.

The WSCC 10-year forecast of new plant construction and loads is a good place
to start for plant construction information, but suffers from some notorious
"self-reporting" error.  It is available in pdf form from the web site
http://www.wscc.com/.  Other sources that should be more near-term, but more
accurate are the CEC inventory of plants (http://www.energy.ca.gov/) and the
BPA Whitebook (http://www.transmission.bpa.gov).

As far as basic economic data is concerned, you can either rely on the
reported utility forecasts for loads, or you can go to fundamental data.  The
ultimate source of the census data collected by the US Dept of Commerce,
which you can buy on CDROM for cheap.  It would have this kind of information
by SIC code, by ZIP code.  You may also have access to one of the economic
forecasting businesses (Wharton's WEFA, DRI, etc.)  They have this in highly
digested and complete form.

BTW, Tim Heizenrader, who runs Fundamental Analysis and Research on the West
Desk, is a sharp cookie and should have all this under control.  Is your
client aware of this resource?

Give me a buzz and we can talk more,
Michael

>>> Niclas Egmar/HOU/EES@ENRON 08/14/00 12:49PM >>>
Michael,

I'm an analyst in the research group. I would like your help with finding
some information specific for the West Coast. A new analyst on the West Power
desk needs information on planned outages and planned new generation. He is
studying the long-term fundamentals of electricity volatility on the West
Coastso so he also needs info on housing starts, computer sales or industrial
production figures for computer manufacturing, growth of start-up companies,
and population stats.

Any help in finding the needed info would be greatly appreciated. Contact me
or Daniel Kang (new analyst).

Niclas
 - TEXT.htm


______________________________________

jcrew.com
______________________________________

get up to 70% off at our clearance sale...
we've just added more than 275 styles!(including over 100 kids'styles)
men
http://click.jcrew.com/cgi-bin8/flo?y=eGYR0Sgo10CQQ0LwJ0AX
women
http://click.jcrew.com/cgi-bin8/flo?y=eGYR0Sgo10CQQ0LwI0AW
kid
http://click.jcrew.com/cgi-bin8/flo?y=eGYR0Sgo10CQQ0LwH0AV

great deals. great variety of styles.(but only while they last!)

plus...
last chance to get 20% off all outerwear(ends 10/14)!
men
http://click.jcrew.com/cgi-bin8/flo?y=eGYR0Sgo10CQQ0LwV0Aj
women
http://click.jcrew.com/cgi-bin8/flo?y=eGYR0Sgo10CQQ0LwU0Ai

go to our women's directory
http://click.jcrew.com/cgi-bin8/flo?y=eGYR0Sgo10CQQ0LwS0Ag

go to our men's directory
http://click.jcrew.com/cgi-bin8/flo?y=eGYR0Sgo10CQQ0LwT0Ah

go to our kids' directory
http://click.jcrew.com/cgi-bin8/flo?y=eGYR0Sgo10CQQ0LwR0Af

Unsubscribe:  To be removed from the jcrew.com
mailing list, please go to
http://click.jcrew.com/cgi-bin8/flo?y=eGYR0Sgo10CQQ0LwW0Ak&email=lcampbel@enron.com


Are these in the budget?

-----Original Message-----
From: Hotte, Steve
Sent: Mon 12/31/2001 1:18 PM
To: McCarty, Danny
Cc: Hayslett, Rod
Subject: FW: Requested Information - Cost for Flat Panels

just an fyi.

Happy New Year.

 -----Original Message-----
From:   Harrelson, Mike
Sent:   Monday, December 31, 2001 1:15 PM
To:     McFarland, Jean
Cc:     Hotte, Steve
Subject:        Requested Information - Cost for Flat Panels

Jean -

As requested, here is the breakdown of the costs of purchasing the TFT flat panels from Corp.  GSS is still working on the cost of the plasma, and I will get to you as soon as possible.

First Request for Gas Logistics:

50 15" flat panels @ $200.00/unit - $10,000.00
5   18" flat panels @ $450.00/unit -    2,250.00

Total:                             $12,250.00

2nd Request (Mary Kay Miller):

12 15" flat panels @ $200.00/unit - $ 2,400.00
4   18" flat panels @ $450.00/unit -    1,800.00

Total:                             $ 4,200.00

3rd Request (Verbal for Dan McCarty):

10 18" flat panels @ $450.00/unit - $ 4,500.00

As we have discussed, we still do not have approval from the Bankruptcy court to officially sell them to you, but we can "loan" them to you and once approval is gained, we can square away the cost.

Please call me at X58416 if you have any questions.

Have a great New Year!

Regards,

Mike


Please remember that MELISSA MURPHY (X31886) handles ALL financial power
confirmations.  Any financial power confirm questions should be directed to
Melissa.  Joe Hunter's group does NOT prepare financial power confirms except
in extrememly limited cases (i.e., NYMEX based trades).  If you have any
questions, please call.  Thanks.  Sara


Heidi,  I have reviewed the contracts and the amendments and the following is
their status:

 1.  Contract Number 96006959 (012-41991-02-004)  Amended April 1, 1999

  Term:  Month to Month and may be terminated by either party with 10 days
written notice prior to end of the month (But see rate section below)

  Rate:  Agreement was amended on April 1, 1999 to put a flat rate of $0.085
for all receipts at Thompsonville (Meter #6351) through March 31,   2006
(This language would override the month to month term)  No other Points of
Receipt are allowed under this contract.

  Note:  Prior to the Amendment on April 1, 1999, the $0.01 fee escalator was
still in effect for any volumes moved under this contract prior to the
Amendment.  If the escalator wasn't assessed during that time, it should have
been.  This escalator would have applied to all receipts and    fees on the
original Exhibit A to the contract.

 2.  Contract Number 96006966 (012-41991-02-003)  Amended April 1, 1999

  Term:  In effect through March 31, 2006

  Rate:  Those set forth on Exhibit A as amended on April1, 1999 for the
terms set forth on Exhibit A.

Let me know if you have any questions concerning the above summary.


Start Date: 4/29/01; HourAhead hour: 22;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042922.txt


You make it sound like you are going away for good.  I'll see you when you
come back.

Audrey Cook
12/05/2000 01:39 PM
To: Chris Germany/HOU/ECT@ECT
cc:
Subject: Re: CGAS deal 213360

Well, they put me on this special audit team to research anything that Chris
Germany transacted.  (Not really, just kidding!!!)

I just decided that it is time for a change and an opportunity came up.  I
was in Gas Settlements for a little over a 1 1/2.  Don't worry, Mary will
take care of you!!  By the way, Darla Saucier will be handling the The New
Power Company counterparty.  Please work w/ Darla and Mary for November, 2000
business.  It was fun working w/ you.  Take care.

Chris Germany
12/05/2000 01:26 PM
To: Audrey Cook/HOU/ECT@ECT
cc:
Subject: Re: CGAS deal 213360

Why did you go to power?  Are you going to look for some of the mistakes I
made back in 1994??


It looks like things are moving forward on the Intergen/CA deal.  If we can
verify the status of the wires we will want to give notice today.  Fred Mitro
is working on this and will give you a call to up date the status.

I have not seen the final numbers to plug into the notices.  Is this
information available?

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 01/10/2001 02:41
PM ---------------------------

"Campbell, Carolyn" <CCampbell@KSLAW.com> on 01/10/2001 02:34:22 PM
To: "'kay.mann@enron.com'" <kay.mann@enron.com>
cc: "'ben.f.jacoby@enron.com'" <ben.f.jacoby@enron.com>,
"'f_mitro@hotmail.com'" <f_mitro@hotmail.com>, "Keffer, John"
<JKeffer@KSLAW.com>

Subject: Notice of Approval of Facility Agreements / Escrow Status

Kay:

We have received by fax a new letter from SEL to ENA advising that all three
Facility Agreements delivered under ENA's January 8, 2001 letter are
acceptable to SEL, subject to the addition of Exhibit H-2 training materials
(omitted from the electronic version of the facility agreements) identical
to that inserted in the forms attached as exhibits to the turbine letter
agreements.  I will have copies of Exhibit H-2 made and inserted as
appropriate.

The notice letter resolves all of the issues presented by the letter
previously tendered.  This new letter dated January 9, 2001 establishes
today, January 10, as the deadline for SEL funding the escrow, and Thursday,
January 18, 2001 (due to bank holiday on the 15th) as the closing date.

Fred just reported that Lari Paradee has advised that the three wire
transfers funding the escrows have been sent and that Citibank has confirmed
to her that the two $16.1 million wires have been received, with
confirmation on the transformer wire still pending.  She is to circulate
confirmation numbers as soon as available.  Enron may wish to independently
verify funding.

Carolyn M. Campbell
King & Spalding
713-276-7307 (phone)
713-751-3280 (fax)
 <mailto:ccampbell@kslaw.com> ccampbell@kslaw.com

                    Confidentiality Notice
This message is being sent by or on behalf of a lawyer.  It is intended
exclusively for the individual or entity to which it is addressed.  This
communication may contain information that is proprietary, privileged or
confidential or otherwise legally exempt from disclosure.  If you are not the
named addressee, you are not authorized to read, print, retain, copy or
disseminate this message or any part of it.  If you have received this
message in error, please notify the sender immediately by e-mail and delete
all copies of the message.


what is going on?  i figured that you wouldn't be coming to houston due to
the weather on saturday.  just let me know if you want to come in and we can
hit the town.  i won't be in houston over thanksgiving or the following
weekend.  actually, the following weekend i will be in new orleans.  my
brother is coming in town and we are staying at my family's place in the
quarter.  talk to you soon.

matt


Barry, I have not spoken to Whitt yet - working on this week.

I would suggest that you will need to get a few bright managers/associates to
manage the mid-market and a couple of more experienced originators (internal
or external?) to complement.  I would start thinking about how to get that
done.  I would call Oxley for help if needed.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 10/23/2000
09:30 AM ---------------------------

Barry Tycholiz
10/23/2000 09:18 AM
To: David W Delainey/HOU/ECT@ECT
cc:
Subject: West Desk Origination Staffing:

Bench strength is limited....  I have no one ( so far ).  Phillip would like
to keep Steve South in trading.  I am plotting a move from the central
desk....

How did your conversations go with the Denver Office  ?


Redskins to stick with Johnson at quarterback
 Sept. 19, 2000
By Len Pasquarelli
SportsLine.com Senior Writer

Despite the continuing struggles of the offense and costly fourth-quarter
interceptions by Brad Johnson, the Washington Redskins will stick with their
starting quarterback for Sunday night's game against the New York Giants,
SportsLine.com has confirmed.

"If it was just (a problem) with Brad, then we'd look at it, but that's not
the case," coach Norv Turner said. "But it goes beyond just the quarterback
position. It's more than that. We're not playing well on offense in general."

Redskins quarterback Brad Johnson will remain the team's starter against the
unbeaten Giants.(AP)

In the wake of the Redskins' 27-21 loss to the Dallas Cowboys on Monday
night, there were rumblings Washington might switch to backup Jeff George for
the key matchup against the undefeated Giants. The Washington offense, one of
the league's most diverse in 1999 when it ranked No. 2 overall and second in
scoring, has been sporadic at best in three games.

A seventh-year veteran who is in the final season of his contract, Johnson
has five interceptions the last two games, including four in the fourth
quarters of those losses. He has not been sharp in either his play-calling or
his execution, and even some teammates suggested privately Monday night that
it might be time for a change.

One glaring shortcoming has been the inability of the Washington offense to
throw the deep ball and stretch opposition secondaries. The Redskins have
only three completions this year of more than 20 yards, and the longest is 26
yards. In Monday's defeat, the team's longest play was a 17-yard dumpoff to
tailback Stephen Davis.

The Redskins, who averaged 12.7 yards per completion in 1999 with both
starting wide receivers averaging 18-plus yards, are averaging an anemic 9.2
yards per catch this season.

But Turner, who sources said was reluctant to make a quarterback change at
this point and retains confidence in Johnson, acknowledged the team needs new
focus more than a new starter.

"There hasn't been any thought to switching (quarterbacks)," he said. "Right
now, we need to get better at every position, quarterback and everywhere
else."

"Bass, Jason" <Jason.Bass2@COMPAQ.com> on 09/20/2000 08:29:53 AM
To: "'Eric Bass'" <Eric.Bass@enron.com>
cc:
Subject: RE: TV

Jeff George , QB WAS - The Snake Pit Updated 09/19/00
Sepculation is increasing that George may get a chance to start after Brad
Johnson struggled against Dallas. The rifle-armed QB may put a jolt into the
Washington offense if he indeed gets a chance to start.

:)

Please forward to the owner of Brad Johnson.
Jason Bass
TSE
Compaq Computer Corporation

 -----Original Message-----
From:  Eric Bass [mailto:Eric.Bass@enron.com]
Sent: Thursday, September 07, 2000 12:47 PM
To: Bass, Jason
Subject: TV

I need for you to find out how much the balance on your tv is - and let me
know


Kay and Greg:

Please see the attached information from Citibank.  The form escrow
agreement attached below is the document that our escrow agreement is based
from, so we can ignore the blank form for now.  The remaining documents are
items required for a Citibank escrow, namely an incumbency certificate from
each party and a fee schedule.  Also included are money market investment
options.  It seems that finance input from the clients may be desirable at
this point with respect to the escrow agreement and related documents.

At Citibank's request, I furnished them a copy of the letter agreement
calling for the establishment of the escrow arrangement.  Once we are in
agreement on the form of the escrow agreement and the disbursement
instructions, we need to forward those items to Citibank as well for their
review.  Please advise.  Thank you.

Carolyn M. Campbell
King?& Spalding
713-276-7307 (phone)
713-751-3280 (fax)
ccampbell@kslaw.com <mailto:ccampbell@kslaw.com>

-----Original Message-----
From: Maher, Andrea M [mailto:andrea.m.maher@citi.com]
Sent: Tuesday, April 10, 2001 5:05 PM
To: 'ccampbell@kslaw.com'
Subject: Citibank's Standard Escrow documentation

Caroline,

As per our conversation please find attached the following documents:

 * Citibank's Standard Escrow Agreement
 * W-9 Tax forms
 * Incumbency Certificate
 * Money Market Investment Options
 * Fee Schedule

Please provide me with a copy of the Underlying Agreement for this
transaction as soon as is convenient.  You can provide your comments on the
escrow agreement to Estelle Lawrence via email when you are ready.

Call me with any questions,
Andrea

 <<Escrow.doc>>  <<Form-W-9-2000.pdf>>  <<INCUMB1.DOC>>  <<Immf25.doc>>
<<Enron-F6.doc>>

Andrea M. Maher
Citibank Agency & Trust Services
Tel: 212-657-1007
Fax: 212-657-4009
andrea.m.maher@citi.com

                    Confidentiality Notice
This message is being sent by or on behalf of a lawyer.  It is intended
exclusively for the individual or entity to which it is addressed.  This
communication may contain information that is proprietary, privileged or
confidential or otherwise legally exempt from disclosure.  If you are not the
named addressee, you are not authorized to read, print, retain, copy or
disseminate this message or any part of it.  If you have received this
message in error, please notify the sender immediately by e-mail and delete
all copies of the message.

 - Escrow.doc
 - Form-W-9-2000.pdf
 - INCUMB1.DOC
 - Immf25.doc
 - Enron-F6.doc


Charlie,

Here is the Stagecoach contract that I promised you.  Let me know if you have
any questions.

Regards,

John


(See attached file: HPLN1122.xls)

 - HPLN1122.xls


John,

I think the crucial distinction is between recognition of risks and
elimination of
risks through hedges (as correctly pointed out  in other messages). Being
aware of risk
does not mean that one does not want to be compensated for it.

Now a few more detailed comments.

1. I think that illiquidity discount represents double counting when combined
with
a project finance discount rate. Illiquidity discount, in my view,
should be applied to financial options that trade in a market without
sufficient depth.
One should apply a haircut if liquidating  a position takes a long time. The
approach used in valuation
of the Turkish transaction is the same as approach used in valuation of
investments in physical
assets, which are by definition illiquid. This illiquidity  is recognized
through other aspects
of valuation technology used in RAROC.

If we apply an illiquidity correction in this case, we should be consistent
and use
this approach  across the board for all project finance type cases (not that
I recommend this course of action).

2. Valuation of an unheadgable options.

Let's look at it from the position of a seller of the option.

He cannot hedge a short call or put and Black-Scholes valuation becomes the
floor for
the valuation: the seller has to be compensated for taking a price risk (as
opposed to taking a vol
risk when he hedges). The issue of the compensation he will require becomes
fuzzy.
The option really becomes an insurance type product and pricing depends on
two factors:

1. risk preference
2. existing portfolio positions

Risk preference. Insurance companies typically require a payment that
consists of two parts:
expected loss + unexpected loss. The latter is typically defined as 1 to 2
standard deviations.
The number of  standard deviations depends on risk appetite and the ability
to absorb the loss.
I admit that it is a bit fuzzy, but this is the way the world works. We
looked into insurance pricing at the
request of Jere Overdyke. You can talk to Vasant Shanbhogue to find out more
about it.

Existing portfolio positions. An additional contract may increase or decrease
the risk of the overall portfolio.
I would expect the deal to provide some risk diversification, but it does not
look to me as a deal that reduces risk
(given all our positions in this region).

What are the practical implications? Pricing depends on risk appetite (the
utility function of a decision maker
in technical jargon) and becomes to some degree arbitrary.

If we are short an option embedded in a deal and the option cannot be hedged,
we should subtract from the value of the contract
the value of the option (that is greater than the Black - Scholes value).
If we don't price this option explicitly,
the valuation of a contract will be based on a discount rate with a risk
premium.

In the case of an option buyer, the situation is reversed. If he cannot
hedge, he should recognize the risk
of losing the value of his investment and apply a discount to the value of
the option.
How big is the discount? See the comments above.

In the special case, where hedging is possible and the Black-Scholes-Merton
paradigm applies, both values
will become equal (ignoring transaction costs). The values of an option form
the point of view of
a seller and a buyer will converge.

3. What happens in case we use simulation technology?

We can discount at the risk free rate along each scenario (each scenario will
recognize the downside and/or
upside at different points in time in different states of the world).
If we run a sufficient number of scenarios, we shall get a distribution of
NPV as of today.
Knowing this distribution means that we can estimate risk, but in most cases
we are still holding
it. The expected value should be, therefore, adjusted for risk. This is
equivalent to using a
discount rate with a risk premium.

I hope this helps. Please, call me with additional questions. Sorry for a
delay in responding
to this question. I ran my response by Stinson and Vasant, to make sure we
all agree.
It's a very complicated technical problem and the financial theory does not
have
good answers.

Vince


Mr. Taylor,
The EnronOnline Call Center recently received a call from Colby Ketler with Duke Energy regarding EnronOnline's new functionality.  Mr. Ketler was under the impression that we are posting or matching his prices on our website.  I explained to him that all prices listed on EnronOnline were Enron's prices.  He was interested in more detailed information than I was able to provide.  I did take his contact information and assured him that an EnronOnline representative would call him shortly and provide the information he requested.  His phone number is 713-989-0180.  If you need to reach me, please contact me at 5-3558.

Ashu Tewari
EnronOnline Call Center


OK - Here's the plan.

What:  Drinks and Dinner
Why:  Celebration for Jeff and Lisa's engagement and pre-wedding party
When:  Wednesday, October 25, 2000
  5:30 pm
Where:  Habanero Blue Mexican Restaurant
  1600 Commerce (Downtown)
  713/224-4468

Jeff and Lisa are registered at Macy's and the theme for the party is
"BARWARE".

Please let me know if you or your date/spouse cannot attend so that I may
adjust the reservation.

Lorraine


Karim, I don't want to wait till month end, let's adjust the numbers now and for the June 29 2nd order, lets take that value into June since it relates to July puts.

 -----Original Message-----
From: 	Punja, Karim
Sent:	Tuesday, July 17, 2001 2:23 PM
To:	Postlethwaite, John; Meira, Marcelo
Cc:	Gupta, Sanjay; Chen, Hai; Zufferli, John
Subject:	RE: Option liq

Hi everyone,

I just got of the phone with Hai and he told me how to make an adjustment on a day to day basis in regards to incorrect liquidations but he also explained this is just to make the daily P&L #'s right, if nothing were done the month end P&L would still somehow work out because adjustments would be made. Does this mean that for June and for a certain portion of July we should not do anything and just make adjustments on a going forward basis (and assume everything will work out at month end)?
If this is the case I would like someone to walk me through June to see if the numbers did really work themselves out as there was a large swing in second order on June 29 that was not adjusted for.

Let me know if one of you could help me do this.
Karim.

 -----Original Message-----
From: 	Postlethwaite, John
Sent:	Tuesday, July 17, 2001 2:09 PM
To:	Meira, Marcelo
Cc:	Gupta, Sanjay; Punja, Karim; Chen, Hai
Subject:	RE: Option liq

Evidently, this a problem that Stacey White has been aware of for a couple of months now. There was a change made in the coding for the delta position and this has somehow messed up the liq value.

John

 -----Original Message-----
From: 	Meira, Marcelo
Sent:	Tuesday, July 17, 2001 1:07 PM
To:	Postlethwaite, John
Cc:	Gupta, Sanjay; Punja, Karim; Chen, Hai
Subject:	RE: Option liq

John, Karim,

I'm now looking closely at the option liquidation problems. I believe that there might be a sign-flipping problem for PUTS that 's causing this whole issue. I'll keep you posted.
Karim - this's likely the explanation to your other question... I'll get back to you as soon as I have more info (hopefully later today)

Marcelo L. Meira
Sr IT Developer
Enron Networks - Houston, TX
(713) 345-3436

 -----Original Message-----
From: 	Postlethwaite, John
Sent:	Tuesday, July 17, 2001 1:28 PM
To:	Meira, Marcelo
Cc:	Gupta, Sanjay; Punja, Karim
Subject:	Option liq

The post id I am looking at for Calgary is 11608. I am looking at the option liquidation report and all of the $65 puts are in the money and the $75 call is also in the money. Shouldn't all the liquidation values from the beginning of the month be a negative (representing positive liquidation) for the puts? The liq value for the call is CORRECT.

John


Here are the points the gas is to be nomintated at for September by supplier:

Williams:
El Paso   15,000
Lomax Sterling  4,500
Delhi Cayanosa 5,500

Apache(by Cynergy):
Delhi   6,000
Lomax Sterling  14,000

(per Nancy Stivers)

She is to send me the nomination once complete.

Thanks,
Mark
x33396


Second Quarter Refund Interest Rate
FERC announced the latest quarterly interest rate applicable to refunds and
carrying charges for second quarter 2001. The rate is 9.02 percent, dropping
from 9.50 percent in the first quarter

http://cips.ferc.fed.us/Q/CIPS/MISC/NR/NR01-18.000.TXT

Notice of Fourth Interstate Public Meeting Scheduled
Today FERC announced the fourth in a series of public meetings to explore
strategies for public participation in the planning process. This seminar
will be held in Seattle, Washington on April 26. Staff will brief the first
three seminars in Albany, chicao and Tampa and discuss problems that surfaced
as well as potential solutions.

http://cips.ferc.fed.us/Q/CIPS/MISC/M_MS/MS032701.000.TXT


Please see the note below, which was forwarded to me by Richard Sanders, on
Triple Lutz.  Michelle

---------------------- Forwarded by Michelle Cash/HOU/ECT on 09/20/2000 09:56
PM ---------------------------
From: Richard B Sanders on 09/20/2000 08:44 AM
To: Michelle Cash/HOU/ECT@ECT
cc:
Subject: Data Room requests re HPL

In case someone calls
----- Forwarded by Richard B Sanders/HOU/ECT on 09/20/2000 08:43 AM -----

	Patrick Wade
	09/19/2000 03:41 PM

		 To: Wes Colwell/HOU/ECT@ECT, James I Ducote/HOU/ECT@ECT, Brian
Redmond/HOU/ECT@ECT, Steve HPL Schneider/HOU/ECT@ECT, Thomas A
Martin/HOU/ECT@ECT, Jill T Zivley/HOU/ECT@EC, Jim Coffey/HOU/ECT@ECT, Edward
D Gottlob/HOU/ECT@ECT
		 cc: Edward D Gottlob/HOU/ECT@ECT, Jim Schwieger/HOU/ECT@ECT, Greg
Brazaitis/HOU/ECT@ECT, Lee L Papayoti/HOU/ECT@ECT, Gary Bryan/HOU/ECT@ECT,
Brian M Riley/HOU/ECT@ECT, Michael C Bilberry/HOU/ECT@ECT, Jim
Coffey/HOU/ECT@ECT, Karry Kendall/HOU/ECT@ECT, Yvette Miroballi/HOU/ECT@ECT,
Melissa Graves/HOU/ECT@ECT, Nick Cocavessis/Corp/Enron@ENRON, Charlie
Thompson/GCO/Enron@ENRON, James McKay/HOU/ECT@ECT, Jack Simunek/HOU/ECT@ECT,
Kenneth W Kaase/HOU/ECT@ECT, Molly L Carriere/HOU/ECT@ECT, Robert
Cook/HOU/ECT@ECT, David Ayers/GCO/Enron@ENRON, Garry D Wilson/HOU/ECT@ECT,
Mark Courtney/HOU/ECT@ECT, Brenda F Herod/HOU/ECT@ECT, Tommy J
Yanowski/HOU/ECT@ECT, John Grass/Corp/Enron@ENRON, Barbara N
Gray/HOU/ECT@ECT, Roger Balog/HOU/ECT@ECT, Sandi M Braband/HOU/ECT@ECT, Tom
Shelton/HOU/ECT@ECT, Anne C Koehler/HOU/ECT@ECT, Richard B
Sanders/HOU/ECT@ECT, Rhett Jackson/HOU/ECT@ECT, Steve Jackson/HOU/ECT@ECT,
George Weissman/HOU/ECT@ECT
		 Subject: Data Room requests

As the data room visits wind down, we have had several requests both
internally and externally to provide greater detail on a variety of issues.
IT IS IMPERATIVE THAT ANY ANSWERS TO THESE QUESTIONS, EITHER IN WRITTEN,
ORAL, OR SPREADSHEET ANALYSIS, GOES TO ME BEFORE IT GOES OUT TO THE
COUNTERPARTY.  IN ADDITION, ALL CONTACT MUST BE THROUGH LEHMAN BROTHERS. This
will ensure that we get the counterparty accurate information in a timely
fashion.  Please call me if you have any questions (3-6396).

Thanks
Patrick


Ken wanted to make sure you saw this speech.
---------------------- Forwarded by Rosalee Fleming/Corp/Enron on 09/21/2000
01:40 PM ---------------------------

Joe Hillings
09/21/2000 12:41 PM
To: Rosalee Fleming/Corp/Enron@ENRON
cc: Tori L Wells/HOU/ECT@ECT
Subject: Sen. Hagel's ESI speech

Rosalee: I understand that Ken Lay and Senator Hagel will be together this
evening at the Horatio Alger event I believe in Williamsburg. The attachment
is the speech Chuck gave this week before ESI and Ken may find it helpful in
some discussion tonight. Joe
---------------------- Forwarded by Joe Hillings/Corp/Enron on 09/21/2000
12:47 PM ---------------------------

Ken_Peel@hagel.senate.gov (Ken Peel) on 09/20/2000 06:34:56 PM
To: George_Behringer@aljuraid.com, rwbliss@aol.com, zb@csis.org,
lcraner@iri.org, don.deline@halliburton.com, hpgoldfield@swidlaw.com,
jhillin@enron.com, m.irace@erols.com, vp@mideasti.org,
mahalati@ix.netcom.com, mh@dci.hhlaw.com, Jim_McVaney@CMAHQ.com,
rich.merski@aig.com, wmorley@uschamber.com, John_Peschke@rpc.senate.gov,
ggs2@columbia.edu, ssinger1@gmu.edu, linda.a.strachan@monsanto.com,
staubenb@bechtel.com, ptomsen@unomaha.edu, philip.vaughn@fluordaniel.com,
gziv@ipforum.org, rzoellick@gmfus.org
cc:

Subject: Sen. Hagel's ESI speech

     I thought you might be interested in seeing a copy of a speech on
     international energy policy that Sen. Hagel gave today at the Economic
     Strategy Institute in Washington, D.C.

 - hagelesi.rtf


You got that right!!!

 -----Original Message-----
From: 	Zeman, Angie
Sent:	Wednesday, November 07, 2001 12:15 PM
To:	Germany, Chris
Subject:	RE: Back to Houston

Even if we get bought out, the trading arm will still be going strong.  Gas and Power are the only things that ever made us money.  And you better still be there if I'm coming all the way back to see you!!

Angie

 -----Original Message-----
From: 	Germany, Chris
Sent:	Wednesday, November 07, 2001 6:13 PM
To:	Zeman, Angie
Subject:	RE: Back to Houston

If we are still here that is.  ENE is at $7.36 - mood isn't so good.

 -----Original Message-----
From: 	Zeman, Angie
Sent:	Wednesday, November 07, 2001 12:07 PM
To:	Germany, Chris
Subject:	RE: Back to Houston

Hey- I'll be working directly for Savita Puthigai.  :)  Should be good and I can't wait to be back home!  (Then we'll go for Chick-fil-a and catch up.)

Angie

 -----Original Message-----
From: 	Germany, Chris
Sent:	Wednesday, November 07, 2001 6:04 PM
To:	Zeman, Angie
Subject:	RE: Back to Houston

Hey girl.  Who are you working for?  You know all my favorite women (except for Judy) work for EnronOnline.

 -----Original Message-----
From: 	Zeman, Angie
Sent:	Monday, November 05, 2001 11:29 AM
To:	Southard, Carrie; Lamadrid, Victor; Germany, Chris; Elliott, Lexi; Diza, Alain; Crook, Jody
Subject:	Back to Houston

Hi All-

Just thought I'd let you know that I've accepted a new position within EnronOnline and I'll be moving back to Houston in early December.  Should be fun!  I'm looking forward to seeing you all soon and getting back into the swing of things.

Hope all is well-
Angie


You De Man!

To: Chris Germany/HOU/ECT@ECT
cc:
Subject: tco cap

contract executed. thanks


Lisa --

Give me a call about this and Item #1 below.

Jim

 -----Original Message-----
From: 	"Jackie Gallagher" <JGallagher@epsa.org>@ENRON
Sent:	Monday, October 01, 2001 10:43 AM
To:	acomnes@enron.com; Hawkins, Bernadette; Nersesian, Carin; Scheuer, Janelle; Hartsoe, Joe; jsteffe@enron.com; Noske, Linda J.; Robertson, Linda; Alvarez, Ray; Shapiro, Richard; Novosel, Sarah; Mara, Susan; Lindberg, Susan; Hoatson, Tom
Cc:	Nicolay, Christi L.; Fulton, Donna; Shelk, John; Cantrell, Rebecca W.
Subject:	October 4th Gas Issues Conference Call Agenda

MEMORANDUM

TO: Regulatory Affairs Committee
       Gas Issues Working Group

FROM: Jim Steffes, Regulatory Affairs Committee Chair
            John Orr, Gas Issues Working Group Chair
            Julie Simon, Vice President of Policy
            Jack Cashin, Sr. Manager of Policy

DATE: October 1, 2001

RE: October 4th Gas Issues Conference Call
      ?2:30 p.m. (EDT)

We have scheduled a conference call of the Gas issues Working Group on Thursday, October 4th, at 2:30 p.m. (EDT).  To access the call, dial 1-800-937-6563.  Ask for the Jack Cashin/EPSA Call.  An agenda is outlined below.

October 4, 2001 Conference Call Agenda

? September 26th FERC Meeting
   ?NOPR on Affiliate Rules (RM01-10)
   ?El Paso 637 Compliance Technical Conference denial of rehearing
    (RP00-336, CP01-90)
   ?Energy Infrastructure

?Other FERC Issuances
   ?Investigation of PG&E Transmission Northwest and Shippers (RP99-518)
   ?Texas Gas Rate Settlement (RP00-260)

?Items Pending FERC Action
   ?ANR filing Requesting Clarification of Negotiated Rates (RP99-301)

?Other Items

?Next Call


Enron Methanol nominates the following natural gas requirements for the
Methanol Plant for August 2000:

36,000 mmbtu per day

EGPFC nominates the following natural gas requirements for the MTBE Plant at
Morgan's Point for August 2000:

 9,500 mmbtu per day


<<Fuel Performance Update 01_11_01.doc>>

Please feel free to contact should you have any questions.

Thank you,

Bobbi J. Kilburn
Treasury & Risk Administrator
Vermont Yankee Nuclear Power Corp.
(802) 258-4120
(802) 258-2101
Bobbi.Kilburn@vynpc.com

 - Fuel Performance Update 01_11_01.doc


damn!  you got a 112?  did you answer yes to the animal sex question?  i
scored lower than you.  i scored a 96.  my mother would be proud.  i am just
an angel.    you should move to the french riviera.  i think i am going to do
something similar.  i need to go anna nicole and marry a rich old woman and
move to the carribean.  i think i could quit work and become some old blue
hair's boy toy.  i would only be a couple of years.  i would probably be able
to get a girlfriend on the side who is more my age.  all i would really have
to do is get on a different sleeping schedule than her and i could totally
avoid her.  fuck working.  i don't want to use my mind.  i think that is what
i am going to work on this weekend.  i can go volunteer at some old person
place and find a honey.  sounds like a plan.  talk to you later.


>From: "Sarah Hughes" <sarahreneehughes@hotmail.com>
>To: asharbino@yahoo.com, ggregory@eastland.net, all@arn.net,
>Caitlyn2248@aol.com, c.delametter@att.net, chuerta777@hotmail.com,
>erikmccright@hotmail.com, jjfathand@hotmail.com, jkbowles@hotmail.com,
>GregoryJ@tegris.com, KC@georgewbush.com, KIMBO2710@aol.com,
>lbcot@email.msn.com, mikedimaggio@msn.com
>Subject: Fwd: AL GORE: CONCEDE!
>Date: Thu, 30 Nov 2000 12:06:34 -0600
>
>
>
>
>>From: PAULINSCLU@aol.com
>>To: cherylbecker@hotmail.com, lbcot@email.msn.com, jdrew@mindspring.com,
>>      treyrea@hotmail.com, tharper@bsiconsulting.com,
>>Hughesdebi32@aol.com,        dryden@nwol.net,
>>sarahreneehughes@hotmail.com, Texstory@aol.com
>>Subject: Fwd: AL GORE: CONCEDE!
>>Date: Wed, 29 Nov 2000 18:26:50 EST
>>
>>

______________________________________________________________________________
_______
Get more from the Web.  FREE MSN Explorer download : http://explorer.msn.com

Return-Path: <autosend@grassfire.net>
Received: from  rly-yc03.mx.aol.com (rly-yc03.mail.aol.com [172.18.149.35])
by air-yc03.mail.aol.com (v77.14) with ESMTP; Wed, 29 Nov 2000 18:16:45 -0500
Received: from  firestorm.cityof.com (cityof.com [167.142.165.196]) by
rly-yc03.mx.aol.com (v76_r1.19) with ESMTP; Wed, 29 Nov 2000 18:15:53 -0500
Received: from Flamethrower.grassfire.net (FLAMETHROWER [209.152.65.7]) by
firestorm.cityof.com with SMTP (Microsoft Exchange Internet Mail Service
Version 5.5.2653.13) id XZZN0J44; Wed, 29 Nov 2000 17:16:57 -0600
Received: from mail pickup service by Flamethrower.grassfire.net with
Microsoft SMTPSVC;  Wed, 29 Nov 2000 17:15:56 -0600
From: "Your Grassfire Link Msg" <autosend@grassfire.net>
To: <paulinsclu@aol.com>
Subject: AL GORE: CONCEDE!
Date: Wed, 29 Nov 2000 17:15:56 -0600
X-Priority: 1
X-MSMail-Priority: High
Importance: High
X-MimeOLE: Produced By Microsoft MimeOLE V4.72.3612.1700
Message-ID: <09cb05615231db0FLAMETHROWER@Flamethrower.grassfire.net>
X-Mailer: Unknown

THIS IS THE CUSTOM  "GRASSFIRE E-MAIL LINK
MESSAGE" FOR Paul Hughes

If you are Paul Hughes, click
"forward" on your e-mail system, replace this text
above the line with your own introduction, and
forward this e-mail to your friends -- at least 21 people
if possible!

If you are not  Paul Hughes,
please read below and sign the petition calling on
Al Gore to STOP THE BOGUS HAND RE-COUNTS!

Thanks!
Grassfire.net

+ + + + + + + + + + + + + + + + + + + + + +

"AL GORE: CONCEDE!"

******URGENT PETITION DRIVE NOW UNDER WAY!!!********

CLICK HERE FOR MORE INFO AND TO SIGN THE PETITION:
http://www.grassfire.net/e.asp?CID=1&PID=268326
(AOL Users:
Petition
)
(If clicking on the link doesn't take you to our site, just
 copy the link & paste it into your browser address line.)

THE PRESIDENTIAL ELECTION HAS BEEN DECIDED!

The fact is, the State of Florida has certified the vote.
There's only one way to end this.

THE VOICE OF THE PEOPLE MUST SPEAK OUT
LOUD AND CLEAR, DEMANDING THAT AL GORE
CONCEDE!

We're launching a nationwide GRASSFIRE to get the
message to Al Gore imploring him to do the right thing
and CONCEDE!

ARE YOU BOLD ENOUGH AND CONCERNED
ENOUGH FOR OUR NATION TO START A
GRASSFIRE ON THE INTERNET THAT WILL
REALLY HAVE AN IMPACT?

CLICK HERE FOR MORE INFO AND TO SIGN THE PETITION:
http://www.grassfire.net/e.asp?CID=1&PID=268326
(AOL Users:
Petition
)
(If clicking on the link doesn't take you to our site, just
 copy the link & paste it into your browser address line.)

A friend of yours has already signed the petition and
has forwarded this message to you. Now, it's your
turn.

TIME IS OF THE ESSENCE! Please sign today!

Grassfire.net
"Real Impact. Real Feedback. Real Results."

http://www.grassfire.net/e.asp?CID=1&PID=268326
(AOL Users:
Petition
)
(If clicking on the link doesn't take you to our site, just
 copy the link & paste it into your browser address line.)
-----------
COPYRIGHT 2000 by Grassfire.net. The information
herein and the breakthrough interface are the property
of Grassfire.net and may not be used or duplicated
without permission. "Grassfire.net" and "Grassfire Link"
are trademarks of Grassfire.net.


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 05/23/2000
06:38 PM ---------------------------

Vince J Kaminski
05/23/2000 06:26 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: address

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 05/23/2000
06:28 PM ---------------------------

Keith Alan Baggerly <kabagg@stat.rice.edu>@stat.rice.edu on 05/23/2000
09:46:41 AM
Sent by: kabagg@stat.rice.edu
To: Vince.J.Kaminski@enron.com
cc:
Subject: address

Vince,

thanks for chatting with me yesterday! Just a brief note
about info we talked about that I would find useful:
a) your papers
b) the latest version of Managing Energy Price Risk
c) data

thanks!
Keith

my address is:

Keith Baggerly
4038 Drummond
Houston, TX 77025


Try 816 969-8995 for a fax number.  Let me know if this one does not work.  The phone number for my contact is 816 969-8953.

Thank You,
Holden

 -----Original Message-----
From: 	Piwetz, Stephanie
Sent:	Wednesday, October 24, 2001 8:42 AM
To:	Salisbury, Holden; Alport, Kysa
Subject:	Fax number-WestPlains Energy Colorado

Holden and Kysa
Do you happen to have a phone number for WestPlains, we are having trouble faxing to the fax number 816.936.8775.  Or do you happen to have a different fax number for deal 819089.01

Thank you

Stephanie Piwetz
Enron Power Marketing, Inc
(713) 853-9210
(713) 646-2443 FAX


-----Original Message-----
From: 	"Tom Dobson" <tomd@amerexenergy.com>@ENRON
Sent:	Monday, December 03, 2001 3:56 PM
To:	Mckay, Jonathan
Subject:	Quotes1203.xls

 - Quotes1203.xls


Sharon:

Mr. Lay's e-mail address is kenneth.lay@enron.com

Please let me know if you have any other questions.

Thank you


I was thinking that I should probably get another case of coastal.  1) What
do you think?  2) Could you have one delivered?  I could pick it up.


Louise -

Here is your account information.  Please let me know if you need anything else.

Acct Number:  005777986805
Routing Number:  111000025

Amy


The project coordinators believe they can reach a solution with Accenture in which Enron pays no additional fees but the project is completed in a slightly scaled back form.  This allows Accenture to have a completed project and no more cash goes out the door.

The effort from the SME's should be complete by Christmas.  Please push forward with the review of the knowledge layer.

Phillip

 -----Original Message-----
From: 	Frolov, Yevgeny
Sent:	Tuesday, November 20, 2001 2:51 PM
To:	Allen, Phillip K.
Cc:	O'rourke, Tim; Coleman, Brad; McDaniel, Kirk
Subject:	Zero Option

Phillip,

It will go along this lines: (Conservative)

*****************************************************
We pay "0" going forward
We have already played 300K in 3Q2001
Outstanding bill for $27,740 will hit Enron Q1, 2002

Enron and surviving entity will have the right to use it internally

We value Enrons SME time @ around 300K

Accenture will have the right to use it internally and modify the product at its will for internal & external use.

This arrangement will void 900K Enrons Revenue from Accenture

Enron would receive 0% royalty on all external sales.  I was thinking to stay away from royalty as we do not know what will be new company position on this matter. Also,  I do not think Accenture will want to enter into partnership structure with a ghost company unless we get Dinergy involved.

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

If we do not reach the agreement: 1. Terminate and pay around 500-600k (estimate)  The payment could be deferred in to 2Q 2002 or
				 2. Continue "as is" with payment differed for 90 days or merger.

We are sending Accenture official notice as of tomorrow we have 10 business days to workout solution or terminate.

Any comments or suggestions?

Regards,

Yevgeny

 -----Original Message-----
From: 	Allen, Phillip K.
Sent:	Tuesday, November 20, 2001 12:32 PM
To:	Frolov, Yevgeny
Subject:	RE: BRM Case & Options

Yevgeny,

Please send me an email describing the zero option so I can pass it along to the other SME's.

Phillip

 -----Original Message-----
From: 	Frolov, Yevgeny
Sent:	Monday, November 19, 2001 10:26 AM
To:	Allen, Phillip K.
Cc:	McDaniel, Kirk; Coleman, Brad; O'rourke, Tim
Subject:	BRM Case & Options
Importance:	High

Phillip,

I am following up to our BRM conversation from Friday.  Obviously it is a valid questions to ask and as you requested I am attaching two documents: one summarizing the options and  2nd cash flow impact.  In the cash flow impact Case 2 & 3 already account for additional cut of 100k from existing cost.  (it comes from Expenses such as projected traveling 30K+Cut in Media 20K + Cut in sim exercises 50K)  The cut in sim exercises need to be confirmed with you. A total of two sims could be cut one.  Accenture will address this question tomorrow during the meeting.  Also,  I will ask them to cut the meeting by 10 min, thus we can go over the documents and can answer your questions.  I am not sure what is Tim's schedule for tomorrow, but at least Kirk and myself will be around.

Obviously cutting sims is not the best options but we are considering all alternatives at this time.  We will continue to review how to cut labor and expenses.
One question that it would be good if you think about it before we meet is as follow.  Is BRM "core" to the Enron for next few months or new organization?  Please consider the costs of finishing this project.

Sincerely,

Yevgeny Frolov
713-345-8250 w
 << File: BRM Cash Flow Cases.xls >>  << File: BRM Contingency Numbers Rev3.xls >>


Hi Cliff,
Attached is a memo from Doak Bishop analyzing Enron's claims under our
political risk insurance for expropriation of TGS resulting from the stamp
tax.  We are asserting in our suit against Argentina, that the tax assessment
is an expropriation prior to payment because it affects our equity in the
company.  In other words, any attempt to dispose of the asset would require
disclosure of this massive assessment which significantly impairs the value.
Doak and I met with our expert in international law, Professor Michael
Reisman of Yale who believes and will testify that this is a valid claim.
Therefore under the policy, we arguably have an immediate claim for
expropriation against OPIC, even though we haven't paid any money. To avoid
waiving any claims, we will prepare a letter to OPIC requesting a tolling
agreement, so we do not have to file a claim or arbitration against it within
the period required under the policy, pending resolution of the matter.
Given the nature of our call with them this morning, I'm sure they will
cooperate.

I will arrange a call with Guido Tawil, our local counsel in Argentina to
review the PPI issue, and we will analyze the commercial policy to see if we
can find any coverage there.
Kind regards,
Michelle

                    Confidentiality Notice
This message is being sent by or on behalf of a lawyer.  It is intended
exclusively for the individual or entity to which it is addressed.  This
communication may contain information that is proprietary, privileged or
confidential or otherwise legally exempt from disclosure.  If you are not the
named addressee, you are not authorized to read, print, retain, copy or
disseminate this message or any part of it.  If you have received this
message in error, please notify the sender immediately by e-mail and delete
all copies of the message.

 - 2Z#801!.DOC


Can you give me a call on Friday?  Gary Hickerson came by to talk about
equity trading.  SS


Hi,

     Thanks for taking time out of your busy schedules to meeet with me on
the 28th of December - especially during the holiday season.

     I enjoyed meeting some of the Research group's internal clients.

     Hope to be able to work with you in the future.

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


Jeff:

Per my voice mail, please see the attached.
Are you the point person for EnronCredit.com Ltd and debt trading?  Sara

----- Forwarded by Sara Shackleton/HOU/ECT on 11/27/2000 06:28 PM -----

	Richard Sage
	11/22/2000 02:28 PM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: EnronCredit Legal Entities

We may well find some BVs and suchlike being added, but here are the
alternatives we had on the table last week.

Thanks,
Richard


The information contained herein is based on sources that we believe to be
reliable, but we do not represent that it is accurate or complete.  Nothing
contained herein should be considered as an offer to sell or a solicitation
of an offer to buy any financial instruments discussed herein.  Any
opinions expressed herein are solely those of the author.  As such, they
may differ in material respects from those of, or expressed or published by
on behalf of Carr Futures or its officers, directors, employees or
affiliates.  ? 2001 Carr Futures

The charts are now available on the web by clicking on the hot link(s)
contained in this email. If for any reason you are unable to receive the
charts via the web, please contact me via email and I will email the charts
to you as attachments.

Crude     http://www.carrfut.com/research/Energy1/crude14.pdf
Natural Gas     http://www.carrfut.com/research/Energy1/ngas14.pdf

Distillate and Unleaded charts to follow.

Weekly Brent Oil     http://www.carrfut.com/research/Energy1/qo.pdf

Dec WTI/Brent Spread
http://www.carrfut.com/research/Energy1/clz-qoz.pdf
Dec Heat Crack     http://www.carrfut.com/research/Energy1/heatcrack.pdf
Dec Gas Crack     http://www.carrfut.com/research/Energy1/gascrack.pdf
Dec/May Heat Spread     http://www.carrfut.com/research/Energy1/hoz-hok.pdf
Jan/Feb Heat Spread     http://www.carrfut.com/research/Energy1/hof-hog.pdf
Dec Gas/Heat Spread     http://www.carrfut.com/research/Energy1/huz-hoz.pdf
Feb Gas/Heat Spread     http://www.carrfut.com/research/Energy1/hug-hog.pdf
Dec/Mar Unlead Spread
http://www.carrfut.com/research/Energy1/huz-huh.pdf

Nat Gas Strip Matrix
http://www.carrfut.com/research/Energy1/StripmatrixNG14.pdf
Nat Gas Spread Matrix
http://www.carrfut.com/research/Energy1/SpreadmatrixNG14.pdf

Crude and Products Spread Matrix
http://www.carrfut.com/research/Energy1/SpreadmatrixCL14.pdf

Scott Oblander
312-762-1015
312-762-1014 fax
Carr Futures
150 S. Wacker
Suite 1500
Chicago, IL 60606


Here is the Lincoln model we used.  Let me know if you have any questions.
Thanks
Ben


I am doing good.  I was out for 4 days (Thurs, Fri, Sat, Sun) of last week.
Just got back from Mexico.  Playa del Carmen, which is about 45 minutes south
of Cancun.    Sun, beach, drinks, party and scuba (Not necessarily in that
order).  It doesn't get any better than that.  Had a great time.

Congrats on 23!  Yes, you are still very young and don't let anybody tell you
otherwise.  When you join the business world, you will be fighting the image
that you are too young to be taken seriously.

Dunk the ring tradition?  You have peaked my curiosity!  You will have to
give me the full rundown on exactly how wild that tradition is.

Are you moving back to Katy for the summer?  What are your plans?  School,
work, etc.

Take care and talk to you later.

Gerald,

Katie McMahon <katie99@tamu.edu> on 05/08/2000 02:44:53 PM
To: Gerald Nemec <Gerald.Nemec@enron.com>
cc:
Subject: Re: Out there?

Yea, I figured that is what had happened.  My e-mail was full and
bounced back a lot of messages.  It's up and running now, however.  How
are you doing?  It sure is hot outside.

I'm 23 now!  Whoppee!  People around here think that I am an oldie.  I
tell them that I may be old in school, but young in the business world.

How was your weekend?  Mine went well.  A friend from Houston came and
visited me on Fri.  We went to the Chicken to watch a friend dunk here
ring.  Are you familiar with that tradition?  It's a wild one that I
have to admit I participated in myself.

Good day,
Katie

Gerald Nemec wrote:
>
> Katie,  Are you still out there?  I tried to email you a couple of times
last
> week, but they wouldn't go through for some reason.


Kate, please check with trader, Mark Fischer...Public Ser New Mexico returned
our Enron confirmation letter executed, they wrote in by delivery point: West
Wing      500KV

Is this acceptable?  Thank you
Stephanie


-----Original Message-----
From: christinehauk@txu.com [mailto:christinehauk@txu.com]
Sent: Monday, November 26, 2001 9:45 AM
To: Buss, Jd
Subject: pooling contract template

(See attached file: Line X Pool Contract.doc)


Energy Committee Members:
Please find the final comments of PG&E on the CEC's proposed RTP Tariff.  As
you know, the SVMG has been working with the CEC to modify the tariff
language and expect the CPUC to hear this item at tomorrow's meeting.  We
will be filing our comments later today.

 - RSP PGE's final response to CEC RTP petition 6-26FINAL_.doc


A quick  update on the status of Sandeep Kohli.

He is working currently in my group. He is available on a very short notice to help you with
any quantitative modeling  that can be required in making decisions regarding
our DPC strategy. In case you need his help, he can also rely on the support
of other members of my group with skills in different areas.

Vince Kaminski


These deals should be converted to ENA-IM Texas.  Is there a way that you can
change all of these deals systematically?

D

	From:  Thomas Engel                           08/22/2000 08:54 AM

To: Daren J Farmer/HOU/ECT@ECT, Heidi Withers/HOU/EES@EES, Trisha
Hughes/HOU/ECT@ECT
cc: Rita Wynne/HOU/ECT@ECT, Russ Severson/HOU/ECT@ECT, Scott
Mills/HOU/ECT@ECT, Regina Perkins/HOU/ECT@ECT
Subject: ECT - IM WAHA ???

Should these not be converted to ENA - IM Texas ???  Some time ago - we were
told this desk was dead and the existing deals would end.  This desk is not
included in any Texas desk portfolios.

The ECT desks are supposed to be inactive - however - these deals keep
rolling - and
someone created some new ones?   If the desk is active - should we change it
to ENA - IM Waha -
as ECT is no more ???


CES needs 17dts/day of Mountaineer gas for the rest of March.  The request
was made by Kim Novesak??

I will be out this afternoon.  Please call Brian Perrone (703-561-6486) or
Scott Goodell at 713-853-7711.

Thanks


Start Date: 4/12/01; HourAhead hour: 23;  No ancillary schedules awarded.
Variances detected.
Variances detected in Energy Import/Export schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041223.txt

---- Energy Import/Export Schedule ----
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 23 / Preferred:  12.00 / Final:  11.98)
  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/12/01
  TIE_POINT: PVERDE_5_DEVERS
  INTERCHG_ID: EPMI_CISO_DODGERS
  ENGY_TYPE: WHEEL


Jeff,

Good to see you in New York last week at the Guggenheim -- I enjoyed your
company at the dinner.  Lisa Yoho passed on your questions about the Bush
Energy Plan and opportunities for EGM, so I thought I'd outline a few from
Lisa Jacobson's and my perspective.  Many of the recommendations in the
Energy Plan are very broad and could take months (if not years) to approve.
However, there are certainly a few areas where EGM could find more immediate
opportunity, or where we could weigh in to make the longer-term components of
the plan beneficial to Enron.

Short-term opportunities

$2 billion over ten years for Clean Coal Technologies:  There may be
opportunities to pursue R&D funding, pilot projects, or tax incentives for
technologies such as NOx Tech.  While the bulk of this money could take
several years to approve, there is "clean coal" program money available now
for FY 2002, and DOE is already structuring programs for 2003 money.   I have
already discussed this briefly with the Clean Energy Solutions folks, but we
have good contacts at DOE and they are very anxious to work with Enron, as
they see us as a company who can help make the most of their R&D money
because we are serious about moving technologies to market.

Climate Change R&D:  Any financial support the government puts toward climate
change R&D could likely also be utilized for new generation/control
technologies, but this would be a longer-term opportunity.

New Source Review (NSR) Reforms -  NSR has been an obstacle to constructing
new generation, but also a huge thorn in the side of big coal-using utilities
who would like to make modifications to keep grandfathered plants alive as
long as possible.  The Clinton/Browner EPA brought major enforcement lawsuits
against a number (Southern, TVA, AEP, Cinergy) and a few have settled
(Cinergy, TECO). The Bush Energy Plan asks the EPA and Justice Dept. to look
at 1) possible changes to the NSR enforcement lawsuits and 2) longer term
changes to NSR regulation -- all in the name of bringing more energy supply
on line.  The utilities are mounting very aggressive lobbying efforts to
change NSR.

A DOJ decision on the enforcement could be forthcoming in the short term
(summer 2001).  In the big picture for Enron, letting the big, coal-using
utilities off the hook would not be the best outcome -- enforcement relief
only holds benefits for the incumbents and not new entrants in the power
development market.   But if it happens, we'll make sure the EGM folks have
good advance warning so that they can take advantage of any coal trading or
technology plays that they might find as a result from these utilities moving
forward with plant modifications or capacity increases.

Any NSR regulatory changes will be fought over the longer-term (with
resistance from environmentalists), and could also likely be addressed in the
multipollutant debate -- see below.

Long Term Opportunities/Advocacy

Multipollutant legislation -  A regulatory program that all at once
streamlines regulation of NOx, SO2 and mercury as well as provides relief
from NSR requirements could be extremely beneficial for EGM's emissions
trading and technology businesses (as well as a number of other Enron
businesses).   Nationwide trading for these pollutants would open up markets
and create liquidity far beyond the current programs.   Regulatory certainly
for generators seeking to upgrade, expand and improve efficiency at power
plants could provide incentives for technology and risk management services.

Our Environmental Strategies group has developed a multipollutant plan that
achieves a number of goals for Enron, including nationwide cap-and-trade for
3 (or even 4, if CO2 is included) pollutants in a way that provides
incentives for new technologies, promotes fuel diversity, and has economic
safeguards in place.   We've structured it to have multiple benefits to
Enron, and we are working on getting key Administration and congressional
officials to adopt our ideas.   We're making progress, but expect this debate
to go on for at least a few years.

Here are some excerpts from recent slides summarizing our plan, if you're
interested.

Please let us know if you have any questions - we are happy to work with you
and anyone in EGM to take advantage of opportunities in these environmental
proposals.

Regards,

Jeff Keeler
Director, Environmental Strategies
Enron
(202) 466-9157
Cell Phone (203) 464-1541

Lisa Jacobson
Manager, Environmental Strategies
Enron
(202) 466-9176


Notes for this Week's Report:

* UK Gas's Average EOL and Non-EOL deals per day have decreased since their peak of 140 EOL and 96 Non-EOL transactions in March. They ended April with an average of 118 EOL deals per day, finished with 75 transactions in May and are currently tracking at 67 Eol deals in June. Non-EOL recorded 82 deals per day in May but is currently up to 107 average deals per day in June.

* US East Power's average transactions per day finished with 542 EOL deals in May, up from 253 deals per day in January, a 114% increase. This is an all time trading high for East Power via EOL, while Non-EOL daily transactions has decreased from 282 to 259 deals during the same period.

* Financial US East Power's EOL transactions have increased dramatically in June with 93 deals per day on average, up from only 8 financial trades in January, 2001. Non-EOL transactions have remained under 20 daily transactions during the same period.

* NA Power's total volume and average deals are continuing to increase in 2001. It ended May with 590 trades via EOL and already show an average of 771 deals done daily via EOL. Volume for EOL during this same period has increased steadily as well.

* NA Gas 's average deal count per day is starting strong in early June. It finished May with 3,228 daily EOL trades and is currently tracking at 3,713 deals in June, a 15% increase.

* US Weather's total monthly transactions has increased in May with a total of 79 deals via EOL, up from 23  in April and 15 in March. Non-EOL deal totals were up slightly to 43 deals in May from 23 in April, but still report below average for 2001. Currently Non-EOL trades only reflect 7 deals in June.

---------------
The following files contain a graphical view of the average deal count and volumes per month by Commodity for EOL and OTC transactions since the launch of EnronOnline. This information is for comparative analysis only.  Do not update links when opening these files.

AVERAGE DEAL COUNTS FOR COMMODITIES (excluding Global Products, which displays monthly totals)

If you have any questions regarding this breakout, please contact one of the following:

Torrey Moorer x3-6218
Adam Johnson x5-4877


Tom:
The data room will be open till Thursday, November 2nd.  Hope this helps.
Ben


Looks good to me. Thanks for the revision.
Terry Kowalke

-----Original Message-----
From: Rapp, Bill
Sent: Tuesday, November 20, 2001 5:12 PM
To: Harris, Steven; Donoho, Lindy; Kowalke, Terry; Hass, Glen; Watson, Kimberly; Lokey, Teb; Kilmer III, Robert; Lindberg, Lorraine; Lohman, TK
Subject: FW: Transwestern Advice Protest

Here's a revised draft of the letter to the CPUC re SoCal Gas' "windowing" proposal. This incorporates the comments of Lindy and Terry and also some editorial changes. We need to file this tomorrow, so I would appreciate receiving any comments by 10 a.m. tomorrow. Thanks.
-----Original Message-----
From: Dan Douglass [mailto:douglass@energyattorney.com]
Sent: Tuesday, November 20, 2001 4:48 PM
To: Rapp, Bill
Subject: Transwestern Advice Protest

Bill, attached is a third draft which contains the revisions we just discussed.  Let me know tomorrow if it is acceptable, as well as whether TW wants to cc the Commissioners.  Thanks!

Dan

Law Offices of Daniel W. Douglass
5959 Topanga Canyon Blvd.  Suite 244
Woodland Hills, CA 91367
Tel:   (818) 596-2201
Fax:  (818) 346-6502
douglass@energyattorney.com <mailto:douglass@energyattorney.com>


Thanks a lot! I know you don't lack for anything to do!

Gerald Nemec@ECT
07/10/2000 10:07 AM
To: Stephanie Miller/Corp/Enron@ENRON
cc:

Subject: Re: Williston Basin PA

I will review and get back to you by no later than tommorrow.

	Stephanie Miller@ENRON
	07/07/2000 01:30 PM

		 To: Gerald Nemec/HOU/ECT@ECT
		 cc:
		 Subject: Williston Basin PA

I asked Fannette to deliver a PA from WBI that needs to be executed and
returned by July 14.  Can you please review and add the standard "management
out" on our side.  I briefly reviewed and noticed that WBI has a couple of
unilateral "outs", but nothing for us.

Please advise.

Thanks

Stephanie


make sure Jared brings his credit card

Kimberly Bates
04/23/2001 11:42 AM
To: Jennifer Martinez/HOU/ECT@ECT, Linda Roberts/NA/Enron@Enron, Gary
Bryan/HOU/ECT@ECT, Jill T Zivley/HOU/ECT@ECT, Edie Leschber/HOU/ECT, John
Craig Taylor/HOU/ECT@ECT, Maureen Smith/HOU/ECT@ECT, Robin Barbe/HOU/ECT@ECT,
Tammi DePaolis/Corp/Enron@ENRON, Gil Muhl/Corp/Enron@ENRON, David
Jones/NA/Enron@ENRON, Phil DeMoes/Corp/Enron@ENRON, Nelson
Ferries/Corp/Enron@ENRON, Ruth Concannon/HOU/ECT@ECT, John
Hodge/Corp/Enron@ENRON, Ed McMichael/HOU/ECT@ECT, Scott Neal/HOU/ECT@ECT,
Susan W Pereira/HOU/ECT@ECT, Andrea Ring/HOU/ECT@ECT, Dan Junek/HOU/ECT@ECT,
Jared Kaiser/HOU/ECT@ECT, John Hodge/Corp/Enron@ENRON, Chris
Germany/HOU/ECT@ECT, Judy Townsend/HOU/ECT@ECT, Scott
Goodell/Corp/Enron@ENRON, Victoria Versen/HOU/ECT@ECT, Sandra F
Brawner/HOU/ECT@ECT, Peter F Keavey/HOU/ECT@ECT, Brad McKay/HOU/ECT@ECT,
Vladi Pimenov/NA/Enron@Enron, Scott Hendrickson/HOU/ECT@ECT, Victor
Lamadrid/HOU/ECT@ECT, Clarissa Garcia/HOU/ECT@ECT, Sabra L
Dinari/HOU/ECT@ECT, Scott Loving/NA/Enron@ENRON, Tamara
Carter/NA/Enron@ENRON, Kelly Loocke/ENRON@enronXgate, Chris
Ordway/NA/Enron@Enron, Tracy Wood/NA/Enron@ENRON, Robert Allwein/HOU/ECT@ECT,
Meredith Homco/HOU/ECT@ECT, Cynthia Franklin/Corp/Enron@ENRON, Alvin
Thompson/Corp/Enron@Enron, Lia Halstead/NA/Enron@ENRON, Shanna
Boudreaux/ENRON@enronXgate, Tricia Spence/HOU/ECT, Joe A Casas/HOU/ECT@ECT,
Joann Collins/Corp/Enron@ENRON, Christina Sanchez/Corp/Enron@ENRON, Steve
Gillespie/Corp/Enron@ENRON
cc:
Subject: Jared's Happy Hour

Help us wish Jared well!!!!

Wednesday, April 25

at
Sambuca

910 Travis

4:30 p.m. - until

Please RSVP


Start Date: 3/3/01; HourAhead hour: 6;  No ancillary schedules awarded.
Variances detected.
Variances detected in Energy Import/Export schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001030306.txt

---- Energy Import/Export Schedule ----
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 6 / Preferred:  75.00 / Final:  74.98)
  TRANS_TYPE: FINAL
  SC_ID: ECTstNW
  MKT_TYPE: 2
  TRANS_DATE: 3/3/01
  TIE_POINT: SYLMAR_2_NOB
  INTERCHG_ID: CISO_EPMI_3000
  ENGY_TYPE: FIRM


When: Wednesday, February 06, 2002 10:00 AM-11:00 AM (GMT-06:00) Central Time (US & Canada).
Where: ECS  6990

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

If you have any questions, please call Lisa Kinsey @ x37628.

Thank you,

Irena Hogan


Sorry - Sean just changed this deal from Mid-C to NP-15. I've changed the
energy to CAISO.

Thanks,
Kate

	From:  Sharen Cason                           03/13/2001 02:51 PM

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

Subject: #549048

This deal has an NP15 delivery point with firm energy.

Thanks!


See my comments [in red] below.

Fred

"Way, Karen S. - CHI" <karen.way@piperrudnick.com> on 09/21/2000 05:15:36 PM
To: "'rusty.stevens@enron.com'" <rusty.stevens@enron.com>,
"'fred.mitro@enron.com'" <fred.mitro@enron.com>, "'kay.mann@enron.com'"
<kay.mann@enron.com>
cc: "Gershon, Mark A. - CHI" <Mark.Gershon@piperrudnick.com>
Subject: livingston county proposed conditions to special use

Following are the proposed conditions to special use which we will be
submitting to the County for their review and attachment to the final zoning
approvals.  Please review and discuss any comments with me or Mark Gershon.

PROPOSED CONDITIONS TO SPECIAL USE
FOR
LIVINGSTON ENERGY CENTER (the "Facility")
TITAN LAND DEVELOPMENT CO., L.L.C. ("Titan")
SOUTHEAST INTERSECTION OF 1400 N. AND 1700 E. ROADS (the "Property")

1. The operation of the Facility shall satisfy all Illinois
Environmental Protection Agency noise pollution requirements.

2. Titan shall enter into a roadway agreement with the County and
Township Highway Commissioners under which Titan assumes responsibility for
repair of,
maintenance of, and debris removal on Township and County roadways during
construction of the Facility.

3. Contingent upon all property owners' written approval being secured,
Titan shall have installed at most four monitoring wells on at most four
properties within one and one-half miles surrounding the Property.  One
monitoring well each shall be installed on a property to the north, south,
east, and west.  Titan shall monitor well levels on each of the properties
on a quarterly basis and shall make such monitoring information available to
the County Engineer at his request for five years following issuance of the
final Certificate of Occupancy.  If no adverse impact due to the operation
of the Facility is found during the first five year monitoring period, then
Titan shall monitor well levels for each of the properties two (2) times per
year and shall make such monitoring information available to the County
Engineer upon his request for the life of the Facility.

4. The [delete maximum] number of power generating units shall be limited to a
maximum of ten (10).

5. Titan shall have repaired or replaced any drainage tile broken on
the Property during construction and operation of the Facility that would
adversely impact any surrounding property owner.

6. The site plan for the Facility shall allow no greater than forty
percent (40%) of the site's total acreage to be developed with
non-landscaped areas, open space, or agricultural uses [I don't think this is
quite correct -let's discuss]

7. Upon permanent cessation of use of the Facility as an electric
generation facility, Titan shall remove all above ground buildings,
equipment, footings, appurtenances and structures, including accessory
buildings and equipment.

8. Titan shall make those stormwater improvements identified on the
attached Stormwater Management Plan.  Additionally, a) upon adoption by
Pontiac Township and Eppards Point Township of the Area-wide Stormwater
Management study prepared by Farnsworth & Wylie (the "Study") for the
Property and the surrounding area and b) upon written agreement to proceed
with the stormwater management improvements identified in the Study by those
property owners whose properties are identified by the Study as requiring
stormwater management improvements, Titan shall commit to make those
stormwater management improvements identified in the Study for the Property.
Titan shall provide a corporate guaranty to the County in the amount of
fifty-five thousand dollars ($55,000) with a C.P.I. escalator as security for
making
those stormwater management improvements identified in the Study for the
Property.  Titan shall construct such improvements contemporaneously with
other such improvements being completed in the Study area.

9. Construction of each phase of the Facility from initiation to
completion is estimated to require from six (6) to twelve (12) months
subject to weather constraints, acts of God, materials availability, strikes
and other labor issues, changes in regulations affecting development and
construction, and other constraints not within the control of Titan.  Within
twelve months following issuance of the final Certificate of Occupancy all
improvements shall be completed and all construction equipment and trailers
shall be removed.

Karen S. Way
Piper Marbury Rudnick & Wolfe
203 N. LaSalle
Chicago, Illinois 60601
email:  karen.way@piperrudnick.com
(ph) 312-368-2152
(fax) 312-630-6347

____________________________________________________________________________
The e-mail address and domain name of the sender changed on November 1,
1999.  Please update your records.

The information contained in this communication may be confidential, is
intended only for the use of the recipient named above, and may be legally
privileged.  If the reader of this message is not the intended recipient, you
are hereby notified that any dissemination, distribution, or copying of this
communication, or any of its contents, is strictly prohibited. If you have
received this communication in error, please re-send this communication to
the sender and delete the original message and any copy of it from your
computer system.
Thank you.

For more information about Piper Marbury Rudnick & Wolfe, please visit us at
http://www.piperrudnick.com/
____________________________________________________________________________


Start Date: 2/1/02; HourAhead hour: 11;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002020111.txt


Hey Pat,

I've done some research on the actuals that you make reference to (Vectren).

Enron's sale with Heartland Steel is at the interconnect between Midwestern Gas Transmission and Vectren (formerly know as Indiana Gas).  The actual volumes that you are reporting and consider to be your monthly actuals are volumes that I believe are behind Vectren's city gate (which means that you more than likely have an imbalance on Vectren's system).  This bears checking with Vectren, regarding an imbalance behind their gate.  You should be receiving some type of statement or invoice from Vectren.

Per the contract, Enron uses the Midwestern Gas Transmission (pipeline statement) to actualize our monthly invoices to you.

I've attempted to draw a diagram for you to make it as clear as I can.

Let's talk!

_________________________________________XXXX_______________________________________________________________________________XXX
Midwestern Gas Pipeline                            Interconnect b/t Vectren                 (this pipe owned by Vectren)                                       Heartland Steel Facility
	                                                    & Midwestern Gas Pipeline	                                                                               (Burner Tip)

 -----Original Message-----
From: 	Mims, Patrice L.
Sent:	Monday, October 15, 2001 3:31 PM
To:	'pmonaghan@csnllc.com'
Subject:	FW: Heartland Steel/CSN

Hi Pat,

I spoke with our attorney this afternoon, and he is in the process of contacting your attorney.  It appears that the bill of sale that your attorney had sent to Enron, did not specifically address the agreement that Enron and Heartland Steel entered into.  Long story, short, our attorney is following up with to obtain documents that contain this provision.

Thanks

 -----Original Message-----
From: 	Mims, Patrice L.
Sent:	Friday, October 12, 2001 1:03 PM
To:	'pmonaghan@csnllc.com'
Subject:	Heartland Steel/CSN

Hi Pat,

Just a note to recap our recent and ongoing discussions regarding the disposition of the Heartland Steel and CSN agreements:

At this point, Enron's Legal Department has requested documentation from CSN that substantiates the fact that CSN did purchase Heartland Steel.  I have contacted your legal counsel, Mr. Tarter, and obtained information that will hopefully satisfy Enron's request.  The next step for me is to meet with my legal staff on Monday, October 15, 2001 to determine the following:

1) Is the relationship between Heartland Steel and Enron completely severed?

2) Do we come up with a brand new pricing and deal structure with CSN, or does the existing structure with Heartland Steel remain in place?

Once, these determinations have been made, we'll follow up with the necessary legal documents.

I'm hoping to have resolution to these entire process by early next week.

Talk to you then.

P.S. As a notional indicator, November, 2001 pricing for Chicago city gate delivered volume (which is comparable to your location) would be estimated at NYMEX (currently $2.41) plus approximately $0.10.

Please keep in mind that the NYMEX price changes on a second-by-second basis, and this will impact your price.


- internet.com's -
M A R K E T  C L O S E

By Paul Shread (mailto:pshread@internet.com)
http://www.isdex.com

http://www.internetstockreport.com/close/article/0,1785,1701_780731,00.html

___________________________ Sponsors ________________________________

This newsletter sponsored by: internet.com Careers Channel
_____________________________________________________________________

Intel Boosts Stocks After Hours

/-------------------------------------------------------------------\

**JOB SECURITY -- CAREER GROWTH -- CHALLENGING POSITIONS**
The internet.com Careers Channel is powered by dice.com,
the leading online Information Technology (IT) job board.
Whether you need to start your new job today, are
searching for your dream job, or are just wondering what
your skills are worth, you'll find the tools you need to land
your next great job. Don't wait any longer!
http://www.internet.com/sections/careers.html

\--------------------------------------------------------------adv.-/

June 7, 2001 - Intel rose after hours Thursday after announcing it will
meet estimates this quarter. Nasdaq futures traded up 2%, on top of a 2%
gain during the day.

The ISDEX http://www.wsrn.com/apps/ISDEX/ added 3 to 269, and the Nasdaq
surged 46 to 2264. The S&P 500 rose 6 to 1276, and the Dow added 20 to
11,090. Volume edged higher to 1.27 billion shares on the NYSE, but
declined to 1.62 billion on the Nasdaq. Advancers led 15 to 14 on the
NYSE, and 20 to 16 on the Nasdaq. For earnings reports, visit our earnings
calendar at http://www.wsrn.com/apps/earnings/internet.xpl and reported
earnings at http://www.wsrn.com/apps/earnings/ireported.xpl. For after
hours quotes and news, visit our after hours trading site at
http://www.afterhourstrading.com.

Intel (NASDAQ:INTC) rose more than a point after hours after saying
revenues will be "slightly below the midpoint" of the range it provided on
April 17. But Handspring (NASDAQ:HAND) fell on an earnings warning.

During the day, Microsoft (NASDAQ:MSFT) rose 1.32 to 73.68, breaking out
of a 10-month base.

Chip stocks surged 7.7% after National Semi (NYSE:NSM), up 3.07 to 31.04,
beat estimates with a breakeven quarter and said the worst may be behind
the industry. Broadcom (NASDAQ:BRCM), up 5.14 to 40.71, warned but said it
is seeing an improvement in orders that could lead to a rebound later this
year.

S1 (NASDAQ:SONE), the best-performing Net stock last month, soared 2.35 to
13.85 on an alliance with IBM (NYSE:IBM).

Loudeye (NASDAQ:LOUD) soared .58 to 1.79 on a deal with Napster.

Check Point (NASDAQ:CHKP) rebounded 3.31 to 52.50 on comments from First
Union that the sell-off in the stock was overdone.

Salomon Smith Barney handicapped the winners and losers from the SuperComm
conference. The firm was cautious on Redback (NASDAQ:RBAK), Juniper
(NASDAQ:JNPR) and Nortel (NYSE:NT), and positive on Cisco (NASDAQ:CSCO),
Extreme (NASDAQ:EXTR) and Foundry (NASDAQ:FDRY).

Some technical comments on the market: Note: We include charts in the
technical market commentary. If you can't get the charts via the e-mail
newsletter version, try this link:
http://www.afterhourstrading.com/column.html

The Nasdaq broke through 2252 resistance today and is clearly headed
higher tomorrow. Tonight we're going to take a look at the bigger picture
since the April lows and see what's forming, because at least for now, the
chart patterns forming off the lows look mainly bearish. The Nasdaq (first
chart) and Nasdaq 100 (second chart) could be forming either bearish
rising wedges (the black lines), or head and shoulders tops (the blue
lines). Our best guess is that they're rising wedges, and that those upper
trendlines will be reached in the near-term, but that's just a guess based
on the surprising strength in the market. However, at least one cycle
watcher is expecting a significant peak in the June 18-June 26 timeframe.
Those patterns make 2100-2150 on the Nasdaq and 1760-1850 on the Nasdaq
100 important support. A look at two possible outcomes: the Nasdaq 100's
bearish rising wedge rally of last summer (third chart), and the Dow's
bullish negation of a rising wedge at 10,300 in mid-April and subsequent
nicely-formed uptrend (fourth chart). We'll watch the charts for clues as
to how these patterns will resolve. Also notice that the S&P 500 (fifth
chart) and S&P 100 (sixth chart) could be forming head and shoulders tops
within otherwise nicely shaped uptrends. Note that the Dow and S&P 100
bounced off their uptrend lines today.

Special report: For a free introduction to technical chart patterns and an
overview of last year's action in the stock market, visit
http://www.internetstockreport.com/guest/article/0,1785,2571_500051,00.html.

Disclaimer: Neither internet.com nor the writers of this newsletter makes
specific trading recommendations or gives individualized market advice.
Information contained in this newsletter is provided as an information
service only.  internet.com recommends that you get personal advice from
an investment professional before buying or selling stocks or other
securities. The securities markets are highly speculative areas for
investments and only you can determine what level of risk is appropriate
for you. Also, users should be aware that internet.com, its employees and
affiliates may own securities that are the subject of reports, reviews or
analysis in this newsletter. Although internet.com obtains the information
reported herein from sources that it deems reliable, no warranty can be
given as to the accuracy or completeness of any of the information
provided or as to the results obtained by individuals using such
information. Each user shall be responsible for the risks of their own
investment activities and, in no event, shall internet.com or its
employees, agents or affiliates be liable for any direct, indirect,
actual, special or consequential damages resulting from the use of the
information provided.

internet-stock-report-text Is Powered By http://By.SparkLIST.com/
In-house vs. Outsourced Email List Hosting: Are you
paying too much for your email list management? Download
the FREE REPORT: http://SparkLIST.com/free-report/

internet-stock-report-text Is Powered By http://By.SparkLIST.com/
SparkLIST delivers high volume fast and reliable email
newsletter outsourcing which allows you to focus on your
core business. Contact us: mailto:free-quote@sparklist.com

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Advertising: If you are interested in advertising in our newsletters, call
Frank Fazio on 1-203-662-2997 or send email to mailto:ffazio@internet.com
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
For contact information on sales offices worldwide visit
http://www.internet.com/mediakit/salescontacts.html
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
For details on becoming a Commerce Partner, contact David Arganbright
on 1-203-662-2858 or mailto:commerce-licensing@internet.com
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
To learn about other free newsletters offered by internet.com or
to change your subscription visit http://e-newsletters.internet.com
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
internet.com's network of more than 150 Web sites are organized into 16
channels:
Internet Technology          http://internet.com/it
E-Commerce/Marketing         http://internet.com/marketing
Web Developer                http://internet.com/webdev
Windows Internet Technology  http://internet.com/win
Linux/Open Source            http://internet.com/linux
Internet Resources           http://internet.com/resources
ISP Resources                http://internet.com/isp
Internet Lists               http://internet.com/lists
Download                     http://internet.com/downloads
International                http://internet.com/international
Internet News                http://internet.com/news
Internet Investing           http://internet.com/stocks
ASP Resources                http://internet.com/asp
Wireless Internet            http://internet.com/wireless
Career Resources             http://internet.com/careers
EarthWeb		     http://www.earthweb.com
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
To find an answer - http://search.internet.com
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Looking for a job? Filling an opening? - http://jobs.internet.com
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
This newsletter is published by internet.com Corporation
http://internet.com - The Internet & IT Network
Copyright (c) 2001 INT Media Group, Incorporated. All rights reserved.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
For information on reprinting or linking to internet.com content:
http://internet.com/corporate/permissions.html
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
---
You are currently subscribed to internet-stock-report-text as: alewis@ect.enron.com
To unsubscribe send a blank email to leave-internet-stock-report-text-5597021I@list5.internet.com


Dear David,

Thanks to you for your prompt attention and to Jerven for finding Christian's
corrected document.

Nick has commenced the process to put a global confirm which can be used
woeldwide by Enron for weather derivatives,
He has contacted Paul Simons , ex Clifford Chance , ISDA board member, and
SFC compliance officer to kick off.

In the meantime, we will use the document below { CDD 13-04-00.doc }
but changes will still be further required - sorry :o(

A.
Payment Date(s)

want to say that final payment from any adjustment is no later than 20 biz
days after end of 95 days.
Avoids continual payments if temp is revised frequently in the 95 days.

B.
in Floating amount for
time, and tighter defn of temperature
and base temp is 18

C.
Data Sources
I want to make the Final payment dependent not on website ( because website
is not updated when a correction occurs)
but rather the final
Data Source is  "daily temp and climate archive" of the National
climate centre ( NCC) of BoM

Do you want me to type up changes for you to peruse or shall i chase up
directly with Sara ?
Who OKs the wording of the confirm. ?

Thx, Raymond
13 April

To: Raymond Yeow/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:

Subject: FYI---Re: Australian CDD Confirmation

---------------------- Forwarded by Nick Mooney/LON/ECT on 14/04/2000 03:33
---------------------------

	Enron Europe

	From:  Nick Mooney                           13/04/2000 14:55

To: Paul Simons/LON/ECT@ECT
cc:

Subject: FYI---Re: Australian CDD Confirmation

Paul,
as per my voicemail - here is a draft confirm for weather - on the deems ISDA
basis preparred by the guys downunder. Would like you professional input to
help them with an interimsolution on this contract.

Further down the line (and this should also be encompassed in the web stuff)
we need to have alegal group that works toward producing a master contract
confirm that can be used for all Weather deriv structures and used in a
global marketplace.  Just a quick job for a supremo like you!!!

I'll talk to you on Monday when I get back into London about the politics!!!

have a great weekend
Nick
---------------------- Forwarded by Nick Mooney/LON/ECT on 13/04/2000 20:48
---------------------------

Raymond Yeow@ENRON_DEVELOPMENT
13/04/2000 13:38
To: Mark Tawney@ECT, Nick Mooney/LON/ECT@ECT, Steven Vu@ECT, Christian
Werner/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:

Subject: FYI---Re: CDD Confirmation

David Minns
04/13/2000 12:17 PM
To: Raymond Yeow/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Sara Shackleton@ECT, Paul Quilkey/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Stephen J Lowe/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: CDD Confirmation

Raymond attached is the CDD confirmation form. I have gone through the
comments on the draft Jerven gave me. The only change I made is the inclusion
of a weather station number in addition to a name. There was a question mark
next to the website reference and a comment that there is no quality control
for public access. Is the website reference OK?

Sara this confirmation follows the ENA model. The changes  only relate to the
differing measurement references. We also included a  paragraph 5 to further
reduce the possibility of the trade being characterised as insurance. If ENA
is the counterparty then it should be enough to reference the relevant ISDA
Master Agreement and change the references to EAF to ENA.


As long as our omission by way of (for example) not having high enough
security is not enough to impact the liability clause, then I guess I am OK
with this - but I'd be happier if it did not include "omission"

i.e. If we are stupid and hurt ourselves, then shame on us, but if we simply
do not take some action and thereby fail to prevent the Counterparty from
inflicting damage on us, then that is something different.

Thoughts?

Dave

   Carol St Clair @ ECT                05/12/2000 02:41 PM

To: David Forster/Corp/Enron@ENRON
cc: Mark Taylor/HOU/ECT@ECT

Subject: Re: GPU Energy Amendment Letter

Dave:
1. Are you referring to the paragraph where I have a blank?  If so, this is
part of Leslie Hansen's issue which she and Mark have discussed and I wasn't
sure when I drafted this who our counterparty would be.

2. With respect to Paragraph 4, all we are doing is saying that their
indemnity to us does not  cover losses that we incur as a result of our own
acts.  This is a crave out that we have given in the past to those that I
have requested it and it seems to us a fair compromise given the one-sided
nature of the indemnity language.

Carol

	David Forster@ENRON
	05/12/2000 01:26 PM

		 To: Carol St Clair/HOU/ECT@ECT
		 cc:
		 Subject: Re: GPU Energy Amendment Letter

Couple of questions:

- What is the intention of the first paragraph?
- So, does Paragraph 4 roughly translate to: "Counterparty is allowed to
whack us if we don't have high enough security"?

Dave

   Carol St Clair @ ECT                05/11/2000 03:18 PM

To: David Forster/Corp/Enron@Enron
cc: Leslie Hansen/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Mark
Taylor/HOU/ECT@ECT

Subject: GPU Energy Amendment Letter

David:
Enclosed is a draft of the GPU Energy ETA amendment letter.  Leslie Hansen is
working with them on the "affiliate" issue so there may be more to add to
it.  Please let me know if you are okay with these amendments.
carol


Attached is a newly revised Credit Watch listing.  If there are any
personnel in your group that were not included in this distribution, please
insure that they receive a copy of this report.

To add additional people to this distribution, or if this report has been
sent to you in error, please contact Veronica Espinoza at x6-6002.

For other questions, please contact Bill Bradford at x3-3831, Russell Diamond
at 5-7095, Brant Reves at x3-9897, Veronica Espinoza at x6-6002 or the Global
Credit Hotline at x3-1803.


Daren,

Please click on the Supply Analysis tab of the attached spreadsheet to view
the wellhead volumes through 4/4/01.

Bob


Bob,

Go ahead and reduce their volume by 8 hours for that day.

D

	Enron North America Corp.

	From:  Robert Cotten                           06/14/2000 10:49 AM

To: Daren J Farmer/HOU/ECT@ECT
cc: Tom Acton/Corp/Enron@ENRON
Subject: Saxet Thompsonville - Shut-in gas

Daren,

FYI.  Saxet Thompsonville meter #9794 will be shut-in 4 to 8 hours on 6/22.

Bob


tease colts +4 under 48 250

   tease colts +4 over 36 250

   tease miami +8 under 48 250

   tease miami +8 over 36 250

st louis minus 6 1/2 250


Louise,

I am under the assumption that we should be moving forward with the sale of Pluto/MEGS to Duke Energy Field Services as well as the sale of the Napoleonville Land to Texas Brine.  In addition, I am trying to work out a transaction to sell the pad gas in Dow Wells 13 & 14 to an outside counterparty that would be leasing that storage capacity from Dow.

Are there any types of transactions that would be "inappropriate" to close?  For example, if we do an outsourcing deal for three years, how do we know that Dynegy will honor the contract?

Regards, Jean


FYI
Thanks
Gary

> -----Original Message-----
> From: Fergus, Gary S.
> Sent: Wednesday, December 20, 2000 2:41 PM
> To: 'Richard Rochman (E-mail)'
> Subject: Summary Outline of our ongoing preservation discussions
> Importance: High
>
> Rich,
>  As promised, here is my summary outline of what we discussed
> regarding preservation of data:
>
> 1. In Portland, we proposed to handle business email related to the
> topics in your preservation letter by instructing employees not to delete
> any email sent or received for 24 hours.  Email that is personal and does
> not relate to the business topics you have identified can be kept,
> discarded etc. at the employee's pleasure.  Each day there is a backup
> made that will capture the email in those employees mailboxes.  After 24
> hours, each employee is free to manage their email box as they deem
> appropriate to the business needs (e.g. keep, discard).  From our
> conversation, I understand that you agree that this is an acceptable
> procedure.
>
> 2. With respect to the hard drives on individual computers, you would
> like to get an organizational chart for Portland that would enable us to
> discuss 6-12 individual's computers that would be copied using ProQuest
> Drive Image Pro 4.0.  In addition, there may be some other individuals
> that you would like to have us use a software product called Robocopy to
> copy files from their hard drives onto the network.  Until we figure out
> which computers to copy etc. we will not begin this process.  We discussed
> that because of the holiday period, it may not be practical to get this
> started until after the new year.
>
> 3. Outside of Portland, we have proposed making a snapshot backup along
> business function lines reasonably called for by the subject matter of
> your request.  We propose not to backup any other business units or
> functions.  On a going forward basis, those business functions that
> related to the subject matter of your request would be instructed not to
> delete business email.
>
> 4. We believe that relevant database  backups have been and will
> continue to be made and preserved.
>
> 5. When an employee runs out of hard disk space on their computer, it
> is an acceptable practice to copy files form their hard disk to the
> network (where they will be backed up) and then delete those copied files
> to make sufficient work space for the employee to work.
>
> 6. For EES, I explained that their IT services are outsourced so we do
> not have as detailed information immediately available.
>
> As I mentioned on the phone, all of these discussions and efforts being
> made are done without waiving any objections that any of the Enron
> entities may have to your request including scope, burden, jurisdiction,
> relevance, privilege, privacy, vagueness etc. and Enron specifically
> reserves each and every right and objection it or its employees may have.
>
> Please let me know if your general understanding of our conversation is
> different than the above.
>
> Thanks
> Gary

=======================================================
This email message is for the sole use of the intended recipient(s) and may
contain confidential and privileged information. Any unauthorized review,
use, disclosure or distribution is prohibited. If you are not the intended
recipient, please contact the sender by reply email and destroy all copies of
the original message.

To reply to our email administrator directly, send an email to
postmaster@brobeck.com
BROBECK PHLEGER & HARRISON LLP
http://www.brobeck.com


The form of this confirmation looks good.  Is Dale amending the "auto
termination" provision?  SS

	Enron North America Corp.

	From:  Jarrod Cyprow                           09/13/99 11:29 AM

To: Sara Shackleton/HOU/ECT@ECT
cc: Dale Neuner/HOU/ECT@ECT
Subject: J.D. Irving N06566.1

I have attached the revised J.D. Irving deal that we discussed the ECT to ENA
name change. Will you please review it and let me know if everything looks
O.K.?

Thank you,
Jarrod


Do you still want Beasley for Gonzalez?


I've made the appropriate change in the AlbertaPower database, but it won't
be automatically pushed to PETE since the pool doesn't change the data they
have on the web (they just send out the letter.)  i.e., you may have to pull it in by hand.

To:	Karim Punja/CAL/ECT@ECT, Rob Schorn/CAL/ECT@ECT, Lori Johnson/CAL/ECT@ECT, Brad Merchant/CAL/ECT@ECT, Craig Mclurg/CAL/ECT, Cooper Richey/CAL/ECT@ECT, Sebastien Garcia/CAL/ECT@ECT, John D Postlethwaite/CAL/ECT@ECT
cc:	Willie Harrell/HOU/ECT@ECT
Subject:	Pool Price Error of May 2, 2001 HE06

Cooper/Willie, can you arrange to re-scrape the Pool Price for the Pool's web site.
Rob/Karim, can you discuss with John P to ensure that this change is picked up in his DPR.

Everyone else - FYI

Thanks

Mark

---------------------- Forwarded by Mark Dupuy/CAL/ECT on 05/08/2001 08:24 AM ---------------------------

	Enron North America Corp.  From:  Robert Hemstock                           05/07/2001 05:16 PM

To:	Mark Dupuy/CAL/ECT@ECT, Bill Greenizan/CAL/ECT@ECT
cc:

Subject:	Pool Price Error of May 2, 2001 HE06

---------------------- Forwarded by Robert Hemstock/CAL/ECT on 05/07/2001 05:10 PM ---------------------------

Joan McInnis <joan.mcinnis@powerpool.ab.ca> on 05/07/2001 03:36:14 PM
To:	"'rhemsto@ect.enron.com'" <rhemsto@ect.enron.com>
cc:
Subject:	Pool Price Error of May 2, 2001 HE06

 - Pool Price Error 20010502 Lorry letter.doc