schedule
---------------------- Forwarded by Jeffrey A Shankman/HOU/ECT on 10/17/2000
12:54 PM ---------------------------

	From:  Cathy Phillips                           10/17/2000 10:38 AM

To: Jeffrey A Shankman/HOU/ECT@ECT
cc:
Subject: Re: Corp Responsibility Task Force Meeting - Oct 25

Hi Jeff -

Mike said that this is a new task force that Joe Sutton is organizing and he
doesn't know much about it.  Mike said that our group needs to represented
and he is committed to a speaking engagement at lunch on that day.

Thanks for helping out.

CP

To: Cathy Phillips/HOU/ECT@ECT
cc:
Subject: Re: Corp Responsibility Task Force Meeting - Oct 25

what is this?

	From:  Cathy Phillips                           10/13/2000 05:12 PM

To: Stacy Walker/Enron Communications@ENRON COMMUNICATIONS@ENRON
cc: Jeffrey A Shankman/HOU/ECT@ECT, Jennifer Burns/HOU/ECT@ECT
Subject: Re: Corp Responsibility Task Force Meeting - Oct 25

Jeff Shankman will be attending for Mike McConnell.  His assistant is
Jennifer Burns.

Thanks.

Cathy Phillips
X-36898

	Stacy Walker @ ENRON COMMUNICATIONS
	10/13/2000 04:53 PM

To: Miguel Padron/SA/Enron@ENRON, Sanjay
Bhatnagar/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rick Buy/HOU/ECT@ECT, Bob
Butts/GPGFIN/Enron@Enron, Brian Redmond/HOU/ECT@ECT, Tim DeSpain/HOU/ECT@ECT,
Mariella Mahan/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Stanley
Horton/Corp/Enron@ENRON, Eddie Clay/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mike
McConnell/HOU/ECT@ECT, Mitchell Taylor/Corp/Enron@ENRON, Hap
Boyd/EWC/Enron@Enron, Elyse Kalmans/Corp/Enron@ENRON, Vicki
Sharp/HOU/EES@EES, Jeffrey Sherrick/Corp/Enron@Enron, Dan Bruce/HOU/ECT@ECT,
Paula Rieker/Corp/Enron@Enron, Mark Schroeder/LON/ECT@ECT, Michael
Terraso/OTS/Enron@ENRON, Rob Walls/NA/Enron@ENRON, Brian
Stanley/EU/Enron@ENRON
cc: Karen E Campos/NA/Enron@ENRON, Beena
Pradhan/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Karen K Heathman/HOU/ECT@ECT,
Dortha Gray/GPGFIN/Enron@Enron, Lillian Carroll/HOU/ECT@ECT, Inez
Dauterive/HOU/ECT@ECT, Isabel Romero/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Cindy Stark/Corp/Enron@ENRON, Barbara
Hooks/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Cathy Phillips/HOU/ECT@ECT,
Rosario Boling/Corp/Enron@Enron, Sheila Petitt/EWC/Enron@Enron, Zulie
Flores/Corp/Enron@ENRON, Leasa Lopez/HOU/EES@EES, Christina
Grow/Corp/Enron@Enron, Mary Weatherstone/HOU/ECT@ECT, Laura
Valencia/Corp/Enron@ENRON, Beverley Ashcroft/LON/ECT@ECT, Laura
Glenn/OTS/Enron@ENRON, Debra Hicks/NA/Enron@ENRON, Charlotte
Tracey/EU/Enron@ENRON, Rosalee Fleming/Corp/Enron@ENRON, Maureen
McVicker/NA/Enron@ENRON, Lauren Goldblatt/NY/ECT@ECT
Subject: Corp Responsibility Task Force Meeting - Oct 25

Reminder: please be sure and mark your calendars for this important meeting.
Also, please let us know if you will be sending a designee.  We appreciate
and look forward to your participation!

----- Forwarded by Stacy Walker/Enron Communications on 10/13/00 04:52 PM
-----

	Joseph W Sutton@ENRON_DEVELOPMENT
	Sent by: Pam Benson@ENRON_DEVELOPMENT
	10/05/00 08:17 AM

		 To: Rick Buy@ECT, Stanley Horton/Corp/Enron@Enron, Mike
McConnell/HOU/ECT@ECT, Jeffrey Sherrick/Corp/Enron@ENRON, Paula
Rieker/Corp/Enron@ENRON, Mark A Schroeder/NPNG/Enron@ENRON, Rob
Walls/NA/Enron@Enron, Brian Stanley/EU/Enron@ENRON, Sanjay
Bhatnagar/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 cc: Karen K Heathman/HOU/ECT@ECT, Cindy Stark/Corp/Enron@ENRON, Cathy
Phillips/HOU/ECT@ECT, Christina Grow/Corp/Enron@ENRON, Laura
Valencia/Corp/Enron@ENRON, Beverley Ashcroft/LON/ECT@ECT, Debra
Hicks/NA/Enron@Enron, Charlotte Tracey/EU/Enron@ENRON, Beena
Pradhan/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Kelly Kimberly@Enron
Communications, Michael Terraso/OTS/Enron@ENRON, Lauren Goldblatt/NY/ECT@ECT,
Pam Benson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, (bcc: Stacy Walker/Enron
Communications)
		 Subject: Corp Responsibility Task Force Meeting - Oct 25

Thank you for responding to our invitation to participate in the first
Corporate Responsibility Task Force Meeting.  The meeting will be on
Wednesday, October 25, 2000 from 10:30 am to 1:00 pm in the Enron Building -
50th floor boardroom.  Committee members from London will be able to
participate via video conference.   Lunch will be served for those
participating in Houston.

I will chair the meeting assisted by Kelly Kimberly, Sr. VP of EBS who heads
our Corporate Responsibility initiative.

In the event that you are unable to attend, please let us know who will
attend in your absence.  Should you have any questions, please feel free to
contact Kelly at 713-853-1611.  We look forward to your participation.

Thanks for your support!


---------------------- Forwarded by Mollie Gustafson/PDX/ECT on 01/04/2001
08:22 AM ---------------------------

Christopher F Calger
01/04/2001 08:13 AM
To: Mollie Gustafson/PDX/ECT@ECT
cc:
Subject: Possibility of Bankruptcy Now Looms Very Large

pls forward to my group
---------------------- Forwarded by Christopher F Calger/PDX/ECT on
01/04/2001 08:16 AM ---------------------------

	Enron North America Corp.

	From:  Chip Schneider @ ENRON                           01/04/2001 06:17 AM

To: Rick Buy/HOU/ECT@ECT, David Gorte/HOU/ECT@ECT, William S
Bradford/HOU/ECT@ECT, Christopher F Calger/PDX/ECT@ECT, Terry W
Donovan/HOU/ECT@ECT, George Schaefer/NA/Enron@Enron, W David Duran/HOU/ECT@ECT
cc:
Subject: Possibility of Bankruptcy Now Looms Very Large

---------------------- Forwarded by Chip Schneider/NA/Enron on 01/04/2001
08:07 AM ---------------------------

Credit Suisse First Boston <R-2-62573-249146-2-405-US2-1C6AE17F@xmr3.com> on
01/04/2001 07:29:07 AM
To: chip.schneider@enron.com
cc:

Subject: Possibility of Bankruptcy Now Looms Very Large

Credit Suisse First Boston
Paul Patterson
Good morning,
We have a note out on the proposed decision on PG&E Corp. and Edison
International.

? On January 3, the ALJ issued a proposed decision on the purchased power
undercollection emergency at PG&E Corp. and Edison International. A final
decision will be issued on January 4.

? The proposal contains interim rate increases of 7%-15% for different
customer classes. The surcharges would be subject to refunds and
substantially lower than the 26% and 30% increases requested by PG&E Corp.
and Edison International, respectively.

? The proposed rate increases would be effective for 90 days. During this
time the CPUC would consider a more comprehensive audit of the utilities'
financial condition.

? Significantly, the proposal rejects the utilities' request to end the rate
freeze. The order would also order the utilities to credit TCBA
overcollection to the TRA undercollection balance.

? Clearly, the risk of insolvency is much higher now. If passed, the order
will fall far short of resolving the financial crisis facing PG&E Corp. and
Edison International. Even if the utilities avoid bankruptcy, we now
anticipate, more than ever, a tremendous amount of uncertainty concerning the
economic value of these stocks.

Please call us with any questions you may have.
Regards,
Paul Patterson, 212-325-5876
Andy Levi, 212-325-0893
Neil Stein, 212-325-4217
Wen-Wen Chen, 212-538-0223
Emily LaoChua, 212-325-1982
-----------------------------------------------------------------------
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1. Click on the Reply button.
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 - powerpolitics010301.pdf


The easiest way would be to delay the closing until January.  Is there a
reason we can't do that?  DF

	From:  Mary Kay Miller                           11/08/2000 07:28 AM

To: Drew Fossum/ET&S/Enron@ENRON, dave.neubauer@enron.com
cc:

Subject: Re: SSL Abandonment - Sale to El Paso

We need to make sure this upside doesn't get taken in 2000.  It is part of
the 2001 plan.  What ideas do we have for reserving equivlaent dollars?  the
TC swap? depending on the outcome of the Carlton order, we may have a couple
hundred thousand there?  we need to discuss how we want this treated for when
it gets to Rod-  MK
---------------------- Forwarded by Mary Kay Miller/ET&S/Enron on 11/08/2000
07:24 AM ---------------------------

Bob Burleson
11/07/2000 05:03 PM
To: Michele Winckowski/ET&S/Enron@ENRON
cc: Mary Kay Miller/ET&S/Enron@ENRON, Rockey Storie/ET&S/Enron@ENRON

Subject: Re: SSL Abandonment - Sale to El Paso

I had a meeting with El Paso the afternoon of Nov. 6th to discuss the
abandonment, and the "next steps"

El Paso agrees to shoot for a November 30, 2000 close, with them assuming
commercial and revenue responsibility on December 1st.  I requested funds
transfer to NNG on the first business day of Jan 2001.

All exhibits to the P&SA are collected and being made available to legal for
incorporation into closing documents.  These include MMS ROW's, space lease
agreements on  three platforms, and a surviving NNG/Sea Gull transport
agreement.

Robert Newman with EGC has contacted El Paso field operations and they have
developed a list of information operations will transfer to El Paso regarding
pipeline Ass Builts, maintenance information,. metering activity, MMS safety
inspections, corrosion control, leak histories, etc.

Preliminary worksheet showing the "Adjusted Price" was developed and agreed
to with El Paso.  Estimate of proceeds at the time of closing will be
$1,357,107.00.  This was developed using estimates for the last three months
revenue stream, and four month of O&M.  The final number will be developed
and routed internally once actual variable are known.  Due to the transition
to SAP, queries be expense code are more difficult to obtain.

If you should have any questions or need any information please let me know.

Thanks, Bob


Shirley,

Please, register me. Is there any  conflict?

Vince

Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 12/30/99
12:43 PM ---------------------------

"John D. Martin" <J_Martin@baylor.edu> on 12/28/99 02:35:14 PM
To: ramchand@jetson.uh.edu, ds64@andrew.cmu.edu, Mary Alison
Bailey/HOU/ECT@ECT, Karin.S.Thorburn@Dartmouth.EDU,
Scott_Richardson@ccmail.bus.umich.edu, cjustice@ect.enron.com,
ds64@MAIL1.ANDREW.CMU.EDU, abutler@finance.bus.lsu.edu, bethelj@sec.gov, Bill
Petty <Bill_Petty@baylor.edu>, Blake Johnson <blakej@stanford.edu>,
BrisArturo <ab364@bull.som.yale.edu>, c.barry@tcu.edu, ckirby@utdallas.edu,
Darius Palia <darius.palia@gsbpop.uchicago.edu>, daveike@ruf.rice.edu, "David
A. Chapman" <chapman@eco.utexas.edu>, david.hirshleifer@ccmail.bus.umich.edu,
dmauer@mail.cox.smu.edu, dosborne@utdallas.edu, eronn@mail.utexas.edu (Ehud
I. Ronn), Espen Eckbo <B.Espen.Eckbo@Dartmouth.EDU>, Stuart Gillan
<sgillan@tiaa-cref.org>, grullon@rice.edu, jfleming@ruf.rice.edu,
jmccormack@sternstewart.com, "John D. Martin" <J_Martin@baylor.edu>,
steoh@umich.edu, jwallen@mail.cox.smu.edu, Kent Daniel
<kent@kent.kellogg.nwu.edu>, Laura Starks <lstarks@mail.utexas.edu>, Murray
Carlson <carlsonm@mail.utexas.edu>, pkadiyal@mail.cox.smu.edu,
ramchand@jetson.uh.edu, s.mann@tcu.edu, SirriE@sec.gov,
smoeller@mail.cox.smu.edu, stice@mailhost.tcs.tulane.edu, "Thomas H. Noe"
<tnoe@mailhost.tcs.tulane.edu>, Tim Opler <opler.1@osu.edu>,
Titman@mail.utexas.edu, veleswar@mail.cox.smu.edu,
vencat@mailhost.tcs.tulane.edu, Vince J Kaminski/HOU/ECT@ECT,
wangfa@rice.edu, warga@uh.edu, wylee@comp.uark.edu, yexiaoxu@utdallas.edu,
Andres Almazan <Andres.Almazan@bus.utexas.edu>, Antonio Bernardo
<abernard@anderson.ucla.edu>, sgilson@hbs.edu
cc:
Subject: Announcing TFF 2000

Happy New Year!  Just a note to announce the dates for this years Texas
Finance Festival.  This year we are meeting earlier in April, in San
Antonio, and start the program on Friday. Please put the date on you
calendar and send in your registration forms ASAP as space at the
conference is limited.  I also encourage you to register with the hotel
immediately as we were able to reserve only a limited number of rooms at
the reduced conference rate.

Hope to see you all there!  More fun in Texas.

John
 - announcerev.doc

John D. Martin
Carr P. Collins Chair in Finance
Finance Department
Baylor University
PO Box 98004
Waco, TX 76798
254-710-4473 (Office)
254-710-1092 (Fax)
J_Martin@Baylor.edu
web:    http://hsb.baylor.edu/html/martinj/home.html


<<Energy Emergency Timeline.pdf>>

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

 - Energy Emergency Timeline.pdf


THE FRIDAY BURRITO

He who laughs last thinks slowest.

Which part of the energy crisis did you enjoy this week? Unlike default
electric service, when it comes to California disasters, you have a wide
range of choices among competing options.? For example, there was the
Governor, our Governor preaching the gospel among the Democratic Governors in
Washington, D.C., and the financial analysts in New York City.? In
Sacramento, there was Senate Energy Committee hearings.? And from the poison
tipped pens of the Department of Market Analysis at the ISO there was a
report that I can assure you will stir the pot.? Which event was your
favorite?

This was a Holy Week, of sorts, for Catholics.? Tuesday was Fat Tuesday, and
Wednesday was Ash Wednesday.? I saw a married couple in Starbucks on
Wednesday night that had ashen smudges on their forehead.? At a distance I
wasn't sure about the marking.? At first I only saw the woman waiting for her
coffee order.?? I assumed she was marked as an Untouchable, you know, the
Indian type, although she looked more Eastern European than Indian.? You
never know.? I couldn't figure out how her marking was so indistinct because
the Untouchable tattoo is a very bright color.? It wasn't until I saw her
husband, also marked on his forehead in the same way, that I realized the
meaning of the symbol, the day and its significance.? When I lived in
Chicago, a long time ago, and worked downtown in the Loop, I would see three
out of four adults either at work or on the street with the Ash Wednesday
indicia on their forehead.? I haven't seen the same interest in religious
practice for all the 23 years I have lived in California. Amazing the things
one can learn while sipping a Grande Non-fat Chai Tea at Starbucks.? Do you
think there could be one day a year where people would wear the following
insignia on their forehaead?

[IMAGE]

I don't often go to Starbucks at night.? A caffeine beverage keeps me awake.?
However, when my son is at his ice-hockey practice in Belmont, visiting the
local coffeehouse in order to kill time is just too tempting.? I watch
people, sip coffee, and hunt for a used newspaper to read.? For some reason
last Wednesday evening, I checked my voice mail, just in case someone left me
a message about a mistake in my favor on my bank account.? Instead, a
reporter from the Orange County Register called me at 7:30 p.m., and asked me
to return his call.? Having nothing better to do than watch people take
communion at the coffee bar and contemplate how Untouchable tattoos can turn
gray, I called the reporter.? He answered the phone.? He wanted to know my
(meaning your) reaction to the ISO's study to be filed at FERC explaining how
generators have overcharged the ISO relative to their likely operating costs
for real time energy? The amounts of the overcharges for December and January
are alleged in the study to be hundreds of millions of dollars.? As always, I
was equipped with sufficient ignorance to provide a meaningful quote.? I
said, "Huh?"

He went on.? Did I think the study was politically motivated by the Governor
Davis' hand-picked ISO Governing Board?? This time I nailed the answer.? I
said, "What?"? Actually, I backed away from entangling myself in the finger
pointing game.? It was tempting to indulge, I might add, but I didn't do it.?
I said, "No, the politics wouldn't change this outcome.? The ISO has a right
to ask for an audit of the bids, and they did.? Simple."? Maybe I'm right, or
maybe I'm wrong.? Who knows?

Last week, I received an e-mail from ISO Governing Board member Michael Peter
Florio, a cat I long ago nicknamed Old Deuteronomy, for reasons I can no
longer remember.? Deut responded to a comment I made to him that Mr. Florio
is the most senior and knowledgeable member of the ISO Governing Board.? That
isn't surprising, I told Deut, but it does speak volumes about the current
Board's composition.? Deut wrote back, "That's comforting, I think.? I tried
to make the point after Kent Palmerton [Williams Energy] spoke at the last
public comment period that I want to hear what people think about issues
coming up at the ISO, even if requires use of personal e-mail to bypass the
ISO.? Despite all the anguished rhetoric, we all have to live together, work
together, and understand each other going forward."? Deut asked me to put
that in the Burrito, so I did.

But as Governor's go, it gives me a heartache to listen to our State
Governor.? This man is a one-act disaster.? I suppose we Californian's get
what we deserve.? The Gov's comment this week to a group in Washington D.C.
floored me.? He said, and I am not making this up, that California is on the
backside of the electricity crisis problem.? I thought that comment deserved
some special attention. When a San Francisco Chronicle reporter asked for my
opinion, I couldn't shut up. I exclaimed, "Backside of the problem?? No. I
think we are on the dark side of the moon.? If we don't turn this thing
around, there won't be any light."? Huff, and puff.

Bankruptcy or not to bankrupt, that is the question.? Here is my take on the
issue, this week.? By next week I should have an entirely different answer.?
If PG&E folds, that is accepts a deal with the State to sell its transmission
assets, then it would appear as if the utilities are serious about remaining
financial whole, and working out their payments with creditors.? Clearly,
there is many a slip 'tween the cup and the lip.? Creditors could demand more
than the utilities have received from the sale of the assets.? My crude
analysis suggests that after the utilities pay off the bonds and obligations
secured by the transmission assets, there might not be enough money to cover
the outstanding balances with the unsecured creditors.? The remaining open
question, then, is will the PUC allow as a cost the pass through of
additional revenue requirements to fully cover the amounts owed?? It seems
these days, the PUC can do, and does anything it wants, with or without legal
procedure.? Of course, most of what they do make things worse, but, hey, that
is why we have a PUC. I noticed that the PUC informed the world that any
power purchases made by DWR will be deemed just and reasonable.? Now why
couldn't they say the same thing to the utilities for their long-term power
purchase deals?

Let's put some hot coffee on the burner, and see what we can brew.

Things in the People's Republic of California
?@@@ Community Choice may be a Savior of Direct Access
?@@@ And the Award for the Silliest Bill Goes to ABX1 70
?@@@ Creditor's Committee for Power Marketers, Out of State Generators, and
Public Power Entities

Jobs and People

Odds & Ends (_!_)
==================

Things in the People's Republic of California
?@@@ Community Choice may be a Savior of Direct Access

ABx1 1 suspended all new direct access customers in California until the DWR
no longer purchases energy.? This will occur when our grandchildren graduate
from college.? Although clean up legislation has been suggested to reverse
this crippling effect of ABx1 1, I am not hopeful. Alas, our friend from
Local Power, Paul Fenn located in Oakland has found, at long last, a sponsor
for his proposed bill to allow communities to select energy providers other
than the incumbent utilities.? Here are the details.

Assemblywoman Carole Migden (D-San Francisco) announced her sponsorship of
the California Community Choice bill (drafted by Local Power last year) on
February 15. A hearing will be announced shortly and could be as early as
next week.

Local Power has also submitted an amendment to ABx1 48 to facilitate
"distributed generation" in urban areas, such as solar, wind, small hydro,
fuel cells, etc. This amendment will be heard at the same time. This bill
would allow a city (for example) to assign power on a real time basis from a
solar cell or other local generation at one location in a city to "load
points" elsewhere in the city on the same distribution system.? The language
would enable many forms of distributed generation to develop, but would be
particularly valuable for Community Choice cities to jump-start large scale
urban solar, wind, fuel cell, small hydro and other local power projects.

Community Choice is the solution to California's failure to implement retail
access in any meaningful way. Local governments are authorized to aggregate
all market non-participants in their jurisdictions into city-negotiated
contracts, much like cable television or garbage services have been
negotiated for decades, but with an opt-out clause for consumers who are able
to participate directly in the market. Groups of contiguous municipalities
may join together, and county governments may coordinate consenting
municipalities in regional power contracts.

Things in the People's Republic of California
?@@@ And the Award for the Silliest Bill Goes to ABX1 70

Each week our State Legislators try to outdo each other.? I think they meet
at a local watering hole in Sacramento, and dare each other to see who can
come up with the most absurd emergency-session energy bill.? We have a new
winner, Assembly Member La Suer, and it is called ABx1 70.? Here is what this
odious piece of legislation is all about.

ABX1 70 attempts to criminalize acts of unregulated generators if they
perform maintenance at times other than the California Public Utilities
Commission requires. Further, the commission is required to allow scheduled
maintenance of only one generator at a time.

I can hear you out-of-state Burrito readers howling with laughter, slapping
your thighs, and shaking your heads.? "Hey Joe, listen to this.? A guy named
La Sewer is forcing generators to be out on maintenance only one at a time."?
I admit, there is a certain amount of disbelief that anyone who can read,
write, and run for the California Assembly could actually craft this bill.?
If you want to have some fun, then in the above paragraph, replace the word
"maintenance" with the word "sex", and the word "generator" with "utility
executive(s)".? We might call Milton-Bradley to see if they want a piece of
the action on our new game.? We,ll call it Legendary.

Shall we analyze the impacts?? Let's see, there are about 500 major
generators in the state.? That means if you own one of those puppies, you can
go down for maintenance once every ten years.? That works for me.

It reminds me of a story about the communist government that once ruled the
USSR.? A Russian asks a plumber when he can come to this house to fix a
leak.? The plumber opens his appointment book, and says, "The soonest I can
fit you in, Comrade, is in February, 2004."? "What day?" asks the Russian.
The plumber rubs his chin and contemplates an answer, "February 8," he
answers.? "Morning or afternoon," asks the Russian.? "Afternoon," answers the
plumber.? "Good," says the Russian with a sigh of relief, "the electrician is
coming in the morning."

The bill, if enacted, will allow generators to be out for maintenance during
the peak season, which is rapidly becoming all year long in California.?
Well, I would like you people to do me a favor.? Let's play the same game
that the Legislators like to play in Sacramento.? Think of the most
outrageous legislation you can imagine, and write it down on a piece of
paper.? Wait a few weeks, and I bet you will see legislation proposed in
California that makes your suggestion look pale in comparison.? Stick around
here long enough, and either you are nuts, or you will be.

Things in the People's Republic of California
?@@@ Creditor's Committee for Power Marketers, Out of State Generators, and
Public Power Entities

Several good-news points to tell you regarding the formation of a creditor's
committee for those among you who are feeling disenfranchised.? Worry not.?
You are in good company.

The WPTF Board this week provided guidelines for your favorite executive
director to apply his organizational skills to facilitate the development of
a creditor's committee. I have targeted WPTF members who either have
expressed an interest in joining a committee, or those who might be among
unsecured creditors that want to protect their ability to recover amounts
owed to them by PG&E, and SCE, through the ISO and the PX.? Any creditor's
committee so developed will be independent and unaffiliated with WPTF.? That
is understandable and necessary so that WPTF's status as a tax-exempt trade
association is not effected with credit issues of individual members.

I have talked to many out-of-state generators, power marketers, and in-state
public power agencies about the formation of a committee, and the interest is
very high.? Here is why.? If SCE and PG&E both strike deals with the state to
sell their transmission assets to raise some or all of the cash to pay back
due amounts, there is an increasing likelihood that the debtors, the
utilities, will try to stave off bankruptcy.? A creditor's committee is very
valuable in that instance.? A committee of like-minded creditor's with
similar objectives will give participants a window and a voice into the
disbursement of payments the debtors will make to all creditors.

Saybrook Capital will represent the interests of the committee once formed.?
Saybrook will seek recognition of the committee from the debtors, and become
a pipeline of information between the creditors and the debtors, and vice
versa.? If there is any member among our group who I have not talked to, and
thinks your interests would be aligned with the targeted participants, either
give me a call or send me an e-mail.? I will be happy to provide you with the
information you need to participate.? An organizational meeting of the
committee is scheduled for the middle of next week.? If your company or
organization is unable to join a creditor's committee now, but might be able
to in the future, then there should be no problem.? Being involved with the
committee at the front end provides participants with an opportunity to craft
the objectives and goals of the group.? Participation at a later date should
be open. For information about Saybrook Capital, please call Jonathon
Rosenthal at 310-899-9200, Ext. 204.

Jobs and People

One of our Burrito readers took advantage of a job opportunity posted last
week, and might land a job as a result.? Soon, the Burrito will operate a
dating service for lonely power marketers and unloved merchant generators (no
word replacement, please).? Until then, however, we'll stick with the job
seekers looking for work.? Will regulate for food.

Gene Waas was with the PX before they started letting go of staff.? Gene is
an attorney who has worked with WPTF on many projects and initiatives. He is
a wonderful person who has a lot of practical experience in both natural gas
and electric power regulatory affairs.? Gene is currently living in the
Pasadena area.? If you would like a copy of his resume, drop my a line.? I
have an electronic copy.

We have a job seeker that prefers to remain anonymous.? He currently works
for an eastern electric utility, and he is looking for a change of venue,
possibly California.? Should we warn him in advance what he might be getting
into?? Here is the candidate's job search statement.

As for what kind of position that I am looking for, that can be as diverse as
my background.? Ideally, it would be position that allows me to combine my
industry knowledge with my technical and communication.? The changing
regulatory environment in California and the west sound like an extremely
interesting opportunity.? Not only do I have experience dealing in the
regulatory environment, but I also have experience negotiating with
regulators and state officials.

I feel that I am ideally suited for a position in: Asset development,
Finance, System development, Regulatory negotiation and Workout.

I have the candidate's electronic version of his resume for anyone who might
want to consider it.

Odds & Ends (_!_)

My wife suggested the following piece that I thought was very clever.?
Really.? I didn't need any additional persuasion.

An Anagram, as you all know, is a word or phrase made by transposing or
rearranging the letters of another word or phrase.? The following are
exceptionally clever.? Someone out there either has far too much time to
waste or is deadly at Scrabble. Wait till you see the last one!

??????????? Dormitory
??????????? When you rearrange the letters:
??????????? Dirty Room

??????????? Evangelist
??????????? When you rearrange the letters:
??????????? Evil's Agent

??????????? Desperation
??????????? When you rearrange the letters:
??????????? A Rope Ends It

??????????? The Morse Code
??????????? When you rearrange the letters:
??????????? Here Come Dots

??????????? Slot Machines
??????????? When you rearrange the letters:
??????????? Cash Lost in 'em

??????????? Mother-in-law
??????????? When you rearrange the letters:
??????????? Woman Hitler

??????????? Snooze Alarms
??????????? When you rearrange the letters:
??????????? Alas! No More Z's

??????????? And for the grand finale:

??????????? PRESIDENT CLINTON OF THE USA
??????????? It can be rearranged (with no letters left
??????????? over, and using each letter only once) into:
??????????? TO COPULATE HE FINDS INTERNS
=============================

Have a great weekend.? Keep those cards and anagrams coming. Legendary = Le
End Gary

gba
?


Kevin,

Good thinking. Thanks a lot.

Vince

Kevin G Moore
11/03/2000 11:08 AM
To: Mike A Roberts/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT, Shirley
Crenshaw/HOU/ECT@ECT
cc:
Subject: Fax Machines

After speaking with Iain Russell today and him coming to the Weather Group
noticing the fax machine , he mentioned that it is outdated and costing
a lot of money.
He made a phone call to get the old fax machine removed therefore we
will receive new models soon.
We would save half the rental cost on these new machines.

FYI.

                                                          Thanks
                                                       Kevin Moore


The ClickAtHome portal (www.clickathome.net) will allow employees to access MS Outlook (email, contacts and calendars), eHRonline, PEP, and other employee applications via the internet using your existing network ID and password.  This functionality will be available mid-summer and will not require any action on your part.

For other remote access requests, the Information Technology group (I.T.) is working on a solution to identify and address the issues involved in providing eligible employees approved access to the Enron Network and other applications by the third quarter.  You will receive future messages on our progress.

I.T. is not responsible for the support for your ClickAtHome PC and Internet service.  Support is provided by the appropriate vendor which you may contact directly at the numbers listed below.

Hardware Technical Support
Dell Technical Support is available 24 hours a day, 7 days a week and can be reached at 866-220-3355 or on the Internet at www.support.dell.com. Please have your 5-digit service tag number ready when you call. It is located on the back of your computer.

Internet Service Provider Technical Support
MSN supportservices.msn.com
	Customer Service 	 	(800) 386-5550
	Technical Support 		(877) 635-7019
	DSL Technical Support  	(877) 327-6744
Time Warner Houston		(713) 335-FAST or (713) 335-3278
Kingwood Cable 			(281) 360-7500
AT&T Portland 			(888)-780-4663
Cox Cable 				(402) 933-3000


Michael Giese
1212 Columns Drive
Lithia Springs, GA 30122
mgiese@pcbackup.cc

To Mr. Ken Lay,

I'm writing to urge you to donate the millions of dollars you made from selling Enron stock before the company declared bankruptcy to funds, such as Enron Employee Transition Fund and REACH, that benefit the company's employees, who lost their retirement savings, and provide relief to low-income consumers in California, who can't afford to pay their energy bills.  Enron and you made millions out of the pocketbooks of California consumers and from the efforts of your employees.

Indeed, while you netted well over a $100 million, many of Enron's employees were financially devastated when the company declared bankruptcy and their retirement plans were wiped out.  And Enron made an astronomical profit during the California energy crisis last year.  As a result, there are thousands of consumers who are unable to pay their basic energy bills and the largest utility in the state is bankrupt.

The New York Times reported that you sold $101 million worth of Enron stock while aggressively urging the company's employees to keep buying it.  Please donate this money to the funds set up to help repair the lives of those Americans hurt by Enron's underhanded dealings.

Sincerely,

Michael Giese


Attached please find a copy of the document prepared for outside services. Jean was unable to use her computer in her room in Washington, she dictated this document to me over the phone and I think I have prepared it correctly. Please call if you have any questions 512-320-5954
Thank You,
Bevin Hunter


Hi Folks,

I know many of you have full enough mailboxes as it is but with this being a
crazy week for many with the Thursday games AND the Holiday, I'm getting a
lot of rapid fire stuff that I'm just sending as I get it.  It's always a
mad dash on weeks like this.

Here's the latest on Stephen Davis:
http://www.washingtonpost.com/wp-dyn/sports/leaguesandsports/nfl/20002001/wa
shingtonredskins/A49398-2000Nov21.html   By Mark Maske in the Washington
Post.  From the article:  A second set of X-rays taken yesterday showed a
hairline crack in the right forearm of Washington Redskins tailback Stephen
Davis. Davis said last night that he is hopeful he will be able to play
Sunday against the Philadelphia Eagles at FedEx Field.
According to Redskins trainer Bubba Tyer, yesterday's X-ray showed a crack
in Davis's forearm, but the bone was not broken or displaced. Tyer said the
Redskins will put a splint on the arm but will, for the most part, treat the
injury like a bruise. Davis should be able to play when he reaches a point
at which there is not too much discomfort, Tyer said.
"It hurts now," Davis said. "It's something I have to overcome. They told me
it's day to day. We'll see. If the game were today, no, I couldn't play.
[But] I'm hopeful."
Davis left Monday's game and underwent an X-ray that showed no breaks. But
Tyer said the X-ray taken Monday was of low quality, so Davis underwent
another yesterday. Davis returned to Monday's game, in which he rushed for
85 yards on 19 carries.
"It didn't affect me at all," he said. "We ran the ball a couple times after
it happened and did okay."
Skip Hicks filled in for Davis on Monday and likely would start against the
Eagles if Davis is unable to play. Veteran tailback Adrian Murrell was on
the inactive list Monday but could be worked into the mix if Davis is
sidelined or limited.
The Redskins can ill afford to add Davis to a list of sidelined offensive
starters that includes wide receiver Michael Westbrook, guard Tre Johnson,
center Cory Raymer and quarterback Brad Johnson. Davis is the NFL's
third-leading rusher with 1,073 yards. He is tied for the league lead with
10 rushing touchdowns, and his 261 carries place him third.
Turner acknowledged the injury could affect Davis's ability to hold on to
the ball. "That's a concern when a running back has an arm injury," Turner
said. "Hopefully they can pad it and he'll be able to handle it."

My View:  All this is well and good but what you want to know is how he's
going to do.  It's much easier to not stick my neck out but here goes
anyway:  From all the info I'm getting (including this story) I think you'll
see Davis play against Philadelphia this week.  If you made put a number on
it, I'd say 80% he plays like normal.  It's an enticing matchup as the
Eagles have been weak against the run lately averaging 148 yards rushing
allowed per game over their last 4 games.   No one talks about it but the
"tough guy" factor is likely very much at work here.  Darrell Green played
Monday because the team really needed him.  It's now being disclosed he
played with a torn calf muscle and all the talk is about "leaders stepping
up" and such.  Stephen Davis' injury appears to be primarily an issue of
managing the pain and I'd be very surprised to see him sit after Green's
performance.
Thanks to my friend J.D. Gardner for his help on this one.

To unsubscribe from this group, send an email to:
cheatsheets-unsubscribe@egroups.com


I got Goldberg's comments this morning on the term sheet with the Rockets.
there are a number of technical comments which we will make.  There are
about four substantive comments that we are working on and will review with
Tracey Ellison.  Two of the comments relate to you.  Goldberg wants to limit
seats to a maximum of 20 per Partner, not 300 total, because he said you
said at the meeting that each Partner would have a maximum of 20 seats.  I
didn't recall that any such statement by you was meant to limit the 300
seats but was merely an indication of about how many each Partner would
have.  Goldberg admitted the 300 seats was on the sheet handed out at the
meeting.  I can't believe Goldberg is continuing to haggle on this issue.  I
think we should say that the maximum of 300 seats is what the Partners
approved and be done with it.

The other issue is the amount of the referendum funding.  Goldberg said he
understood that the Rockets would match what the "Partners" would put up.
Alternatively he wants the right for the Rockets to raise part of their $1.5
million from others and get credit for it.  I'm not sure whether the Rockets
would interfere with you raising your balance of the $1.5 million.  In any
case I need your input on this issue both for the Rockets term sheet and
determining how much we need to get advanced on the loan from the Sports
Authority.

John S. Watson
Vinson & Elkins LLP
1001 Fannin
2300 First City Tower
Houston, TX 77002-6760
Voice: 713/758-2556
Fax: 713/615-5236
Email: jwatson@velaw.com

PRIVILEGED AND CONFIDENTIAL:
Contains attorney-client communications
and/or attorney work product


Drew,

Dale's msg.

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/12/2000
09:12 AM ---------------------------

"Dale Nesbitt" <dale.nesbitt@altosmgmt.com> on 04/06/2000 01:47:15 AM
To: <vkamins@enron.com>
cc:
Subject: MarketPoint Business Plan Summary

Vince:

Thanks very much for your interest in our MarketPoint product, and thanks
for the hour you gave me this morning.  As promised, I am enclosing our
executive summary and first chapter from our business plan for you to take
forward to your management as a prospective Enron-MarketPoint investment
collaboration.  I want to reiterate that should Enron elect to be the lead
investor here, you will be exclusive in your industry if you want.  If Enron
wants to be the lead and ensure the entire second round of resources we
need, we would not offer and investment opportunity to other trading
companies, pipelines, or electrics until the third or subsequent rounds and
then only with your participation as a MarketPoint board member.  I am aware
you have coinvested with SAP in the past and that you might want to coinvest
with them again.  I presume you would not have a problem with
non-competitors such as EPRI, our management consulting service provider
partner, or our VC partner (but I would want guidance from you in this
arena).  I think you would find our VC partner very suitable and very
attractive.  They have done several interesting energy and trading plays,
and they would provide good management skills I believe.  I hope we can move
forward together.  I am looking forward to a positive response.  Thanks
again and best regards.

Dale Nesbitt

PS:  You might hear from Drew Ries of your Investments group.  I spoke with
him after speaking with you about many of the same issues.

 - longexecsum.DOC


Angela:  I just received this email from Carol.  Do you know about this?
It's the first I've seen (unless it's related to something that Mary is
working on).  Would you please follow up?  It's coming from A&K.  Thanks.
Sara

Second message to follow
----- Forwarded by Sara Shackleton/HOU/ECT on 11/16/2000 11:15 AM -----

	Carol St Clair
	11/16/2000 11:06 AM

		 To: Sara Shackleton/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT
		 cc:
		 Subject: Enron/Cerberus

Carol St. Clair
EB 3892
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com
----- Forwarded by Carol St Clair/HOU/ECT on 11/16/00 11:04 AM -----

	"Lowe, Deborah" <deborahlowe@akllp.com>
	11/15/00 11:02 AM

		 To: <alan.quaintance@enron.com>, <annmarie.tiller@enron.com>, "Barbour,
David" <davidbarbour@akllp.com>, <bill.bowes@enron.com>,
<brenda.l.funk@enron.com>, <brent.vasconcellos@enron.com>,
<brian.steinbrueck@enron.com>, <carol.st.clair@enron.com>,
<clint.freeland@enron.com>, <clint.walden@enron.com>, <damon@rlf.com>,
<david.bermingham@rbcds.com>, <eawilburn@prickett.com>,
<emily.jelich@royalbank.com>, <gareth.bahlmann@enron.com>,
<gina.karathanos@enron.com>, <jlawler@wilmingtontrust.com>,
<john.bruen@rbcds.com>, <kenton@rlf.com>, <kevin.d.jordan@enron.com>,
<lkao@mayerbrown.com>, "Lowe, Deborah" <deborahlowe@akllp.com>, "McFarling,
Muriel" <murielmcfarling@akllp.com>, <mniebruegge@mayerbrown.com>,
"Popplewell, Tom" <tompopplewell@akllp.com>, <ryan.siurek@enron.com>,
"Sargent, Pat" <patsargent@akllp.com>, "Sullivan, Danny"
<dannysullivan@akllp.com>, <tamullen@prickett.com>, <tara.rafter@enron.com>,
<tellwood@mayerbrown.com>, <trevor.randolph@enron.com>,
<trushar.patel@enron.com>
		 cc:
		 Subject: Enron/Cerberus

People have had trouble opening the documents  in last night's distribution.?
We have rerun the redlines and these are now  attached in WordPerfect.? These
same documents will be forwarded in Word by  separate email.? Please contact
Danny Sullivan at (214) 659-4645 with  comments.? Thank you.

 - Blank Bkgrd.gif
 - RESULT OF COMPARISON DOC NUM 265261V5 TO DOC NUM 265261V6.wpd
 - RESULT OF COMPARISON DOC NUM 265302V5 TO DOC NUM 265302V6.wpd
 - RESULT OF COMPARISON DOC NUM 265523V4 TO DOC NUM 265523V5.wpd
 - RESULT OF COMPARISON DOC NUM 265535V2 TO DOC NUM 265535V3.wpd
 - RESULT OF COMPARISON DOC NUM 265539V5 TO DOC NUM 265539V6.wpd
 - RESULT OF COMPARISON DOC NUM 265544V3 TO DOC NUM 265544V4.wpd
 - RESULT OF COMPARISON DOC NUM 266489V2 TO DOC NUM 266489V3.wpd
 - RESULT OF COMPARISON DOC NUM 266490V5 TO DOC NUM 266490V6.wpd
 - RESULT OF COMPARISON DOC NUM 266518V2 TO DOC NUM 266518V3.wpd
 - RESULT OF COMPARISON DOC NUM 268865V1 TO DOC NUM 268865V2.wpd


Hi, Jaime:

Attached for your further handling is the draft ISDA Master Agreement between ENA and the referenced counterparty.  Please let us know if you have any questions or need anything else.

Marie


Is it too late to fix this.  I agree with Tamara that we don't need to be so
weak.
---------------------- Forwarded by Scott Stoness/HOU/EES on 04/25/2001 01:28
PM ---------------------------

Tamara Johnson
04/25/2001 01:10 PM
To: Scott Stoness/HOU/EES@EES
cc:
Subject: Advice Letter Protest on SCE PX Credit

Scott,
I don't want to weigh in and bring up points that the rest of you have
already debated.

However, I don't think that this draft improves upon Jeanne's earlier one.
To stress that
"the credit must be more in line with costs avoided by ..." doesn't at all
help the argument that the rate freeze hasn't ended, so the PX credit should
still be such that DA customers receive a market-based credit.

By using the "avoided cost" argument, where avoided cost means"marginal cost
of last unit purchased", aren't we setting ourselves up to never get access
to the embedded low-cost generation?

I think this concern could be avoided if the first section says that status
quo was
where:
utility sold all energy into PX and bought all energy from PX AND customers
saw no rate increase, so PX credit was equal to PX price
therefore, since PX is no longer around
DA gets no rate increase by combination of
 (i) access to low cost embedded generation and
 (ii) market price based credit for rest of generation  (where these two
equal to cost to SCE for generation)

Or, DA gets no rate increase by receiving market price based credit for all
of its generation -- which is more practical to calculate.
This is necessary until rate freeze is over.

In first case, where DA gets share of low cost embedded generation, they can
both pay the surcharges and receive them as a credit.  In the second case,
they neither pay nor receive a credit for the surcharges.

/Tamara

---------------------- Forwarded by Tamara Johnson/HOU/EES on 04/25/2001
12:51 PM ---------------------------

JBennett <JBennett@GMSSR.com> on 04/25/2001 12:43:59 PM
To: Harry.Kingerski@enron.com, Jeff.Dasovich@enron.com,
Leslie.Lawner@enron.com, tjohnso8@enron.com, James D Steffes
<James_D_Steffes@enron.com>, "Scott Stoness (E-mail)"  <sstoness@enron.com>,
"Sue Mara (E-mail)" <smara@enron.com>
cc: MDay <MDay@GMSSR.com>
Subject: Advice Letter Protest on SCE PX Credit

Attached is the revised version of the protest of SCE's advice letter on the
PX credit.  Please provide all comments ASAP.  If you cannot get them to me
by 12:30 PDT, then send to Mike Day for incorporation.

 <<X23803.DOC>>

Jeanne Bennett

 - X23803.DOC


Great to hear from you!  I'll forward this to the smart guys and see if they
have any interest.  Let me know which pipes you'll interconnect with and
we'll have a better sense of who else in the organization might be
interested.  Kent and Morgan, when we get Tony's response on the
interconnects, can you think it through from Florida's perspective also?
Thanks.  DF

"Tony Clark" <ajc@infohwy.com> on 10/05/2000 09:47:42 AM
To: <dfossum@enron.com>
cc:

Subject: Salt storage project

Hello Mr. Fossum, I thought I would drop you a line  to say hello and let you
know we are still alive.? We are currently in the  process of securing the
land and minerals to build a high deliverability storage  project in Texas.
In several weeks we will be in a position to present the  project to you if
there is any interest. SGR?will build the facility for a  prospective buyer
and can arrange financing of the project to accommodate a  buyers needs.?
Preliminary project specs are as follows:
?

?Two 8 bcf caverns total working gas capacity  of 16 bcf facility.(Designed
to accommodate expansion while in  operation)
?Bi-directional access to 4 interstate  pipelines and 3 intrastate pipelines.
1.2 to 1.6 bcfpd?withdrawal and 400 to 600  mmcfpd of injection.
The facility will be designed to meet optimum  flexibility to meet commercial
dispatch requirements.
The facility can commence commercial operations by  fourth qtr 2002.
Preliminary costs estimates to build? $8  million per bcf of capacity. Recent
comps for storage facility sales  transactions have sold for?$17 to $26
million per bcf of  capacity.

?Let us know.
?
Take Care
T. Clark


We're working on it.  We have had alot of issues with the colder weather.  I
will let you know as soon as we get Oct in.  I adjusted #514353, so hopefully
the demand will come through better.

D

	Enron North America Corp.

	From:  Megan Parker @ ENRON                           12/07/2000 09:18 AM

To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: Tenaska IV 10/00

We have actuals.  The larger of the two volumes is 1,395,000, which is
45,000/day, so the demand rate in deal 514353 is fine.  I am having a
problem, though, with the way it is coming to settlements.  It is showing up
with a Jan 2003 delivery date.  I think the demand fee needs to be on 10/1
only.  Right now, it is on a line with a date of 10/1/00 to 12/31/36.   I
think this is confusing the system some how.  Also, we still need the
purchase deal for Tenaska IV.  It should be for a demand fee of $2,571,135.73
booked to the Cleburne desk.  We actually owe $1,798,389.73, but I need to
net the Tenaska IV sales with the purchase to clear those receivables.  James
is calling me every day asking for an update.  Do you know when we will be
able to get this in the system?  I have attached my spreadsheet so you can
see the numbers.

Megan


Gerald King
2300 Barton Skyway 1
Austin, TX 78704
gerryking@austin.rr.com

To Mr. Ken Lay,

I'm writing to urge you to donate the millions of dollars you
made from selling Enron stock before the company
declared bankruptcy to funds, such as Enron Employee
Transition Fund and REACH, that benefit the company's
employees, who lost their retirement savings, and provide
relief to low-income consumers in California, who can't
afford to pay their energy bills.  Enron and you made
millions out of the pocketbooks of California consumers
and from the efforts of your employees.

Indeed, while you netted well over a $100 million, many of
Enron's employees were financially devastated when the
company declared bankruptcy and their retirement plans
were wiped out.  And Enron made an astronomical profit
during the California energy crisis last year.  As a result,
there are thousands of consumers who are unable to pay
their basic energy bills and the largest utility in the state is
bankrupt.

The New York Times reported that you sold $101 million
worth of Enron stock while aggressively urging the
company's employees to keep buying it.  Please donate this
money to the funds set up to help repair the lives of those
Americans hurt by Enron's underhanded dealings.

Sincerely,

Gerald King


Bob,

Here are all active in-the-money trades in our books as of last night.
The summary tab gives you the deal count and MTM value by month, the next tab breaks the value down by counterparty if needed.
I already sent this to Kristen.

Here are the performance deals as well, James may have already sent this to you...

Let me know if there is anything I left out.

Thanks

KK


----- Forwarded by Gerald Nemec/HOU/ECT on 12/13/2000 10:00 AM -----

	Bo Barnwell@EES
	12/07/2000 05:42 PM

		 To: Mark Knippa/HOU/ECT@ECT, Gerald Nemec/HOU/ECT@ECT
		 cc:
		 Subject:  Draft TA for Blackwater

Look forward to our late morning meeting regarding Blackwater TA.

Bo
---------------------- Forwarded by Bo Barnwell/HOU/EES on 12/07/2000 05:39
PM ---------------------------

	Enron Energy Services

	From:  Mike D Smith                           12/07/2000 03:56 PM

To: Bo Barnwell/HOU/EES@EES, Greg Cordell/HOU/EES@EES, Bruno
Messer/HOU/EES@EES, Greg Sharp/HOU/EES@EES, Dave S Laipple/DUB/EES@EES
cc:
Subject: TA for ECS

Please review.  If you approve, it is ready to go to ECS as far as I'm
concerned.  MDS


I apologize for the continual stream of questions on this deal.  But here come more...

I have been asked to prepare a high level cash flow statement depicting the timing of funds relating to this deal.  I know that the Nov'01 invoice was late to go out because of the holidays and various illness.  Do you have any idea when the Dec'01 invoice will be prepared and sent to Entex?  And what is the normal schedule for this deal's invoice (given that it must be made manually)?

Also, if we were to negotiate an early termination with Entex wherein Enron service would end 1/31/02, how long after that point would it be before we knew the final storage inventory balance?

Thanks

Louis R. DiCarlo
ENA Gas Structuring
Phone: 713-345-4666
Email: louis.dicarlo@enron.com


I am preparing the information on the Company Account Application and have a question regarding the address section.  I have completed the section regarding ECT Investment's "principal executive office" (Houston address) and would like to know how this differs, or if it differs, from the address of "registered office".  Would you explain the difference, if any?

Thank you.

Marie Heard
Senior Legal Specialist
Enron North America Corp.
Phone:  (713) 853-3907
Fax:  (713) 646-3490
marie.heard@enron.com

 -----Original Message-----
From: 	"Gordon, Talya" <talya.gordon@gs.com>@ENRON [mailto:IMCEANOTES-+22Gordon+2C+20Talya+22+20+3Ctalya+2Egordon+40gs+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Wednesday, September 19, 2001 8:33 AM
To:	Shackleton, Sara; "\"Harris@ENRON; Daniel\" <Daniel.Harris@gs.com>@ENRON" <IMCEANOTES-+22Harris+2C+20Daniel+22+20+3CDaniel+2EHarris+40gs+2Ecom+3E+40ENRON@ENRON.com>
Cc:	kara.saxon@gs.com; Heard, Marie; talya.gordon@gs.com; Glover, Sheila
Subject:	RE: ECT Investments, Inc. account with Goldman Sachs International

Dear Sara

I am responding to you whilst Daniel Harris is out of the office.

In reference to Arbitration, we can agree to Arbitration in the English
Courts.

Daniel will contact you tomorrow in reference to the remaining points.

I look forward to receiving the outstanding documentation.

Kind regards
Talya Gordon

-----Original Message-----
From: Shackleton, Sara [mailto:Sara.Shackleton@ENRON.com]
Sent: 17 September 2001 23:51
To: "Harris, Daniel" <Daniel.Harris@gs.com>@ENRON
Cc: kara.saxon@gs.com; Heard, Marie; talya.gordon@gs.com; Glover, Sheila
Subject: RE: ECT Investments, Inc. account with Goldman Sachs
International

Daniel:

Thank you for your response.  Unfortunately, the outstanding issues
relating to the Terms of Business Letter impact our corporate policy.
If you insist upon arbitration, it should be at either party's option
and we can agree to arbitrate in accordance with the International
Chamber of Commerce Rules.  Also, as you mentioned below, there may be
non-prime brokerage issues that relate to the terms of business and,
therefore, are not adequately addressed in the terms of business letter.
We do have other business relationships with GSI and again request
inclusion of limitation of liability language in the terms of business
letter.  I propose:

"Neither party shall have any liability arising from this Letter or from
any obligations which relate to this Letter for any indirect, special,
punitive, exemplary, incidental or consequential loss or damage."

Please reconsider the foregoing with explanation.  I will be out of the
office 9/18/01 in the a.m.

All remaining documents have been completed and we will have them
executed together with the terms of business letter.

Regards.  Sara

Sara Shackleton
Enron Wholesale Services
1400 Smith Street, EB3801a
Houston, TX  77002
Ph:  (713) 853-5620
Fax: (713) 646-3490

>  -----Original Message-----
> From: 	"Harris, Daniel" <Daniel.Harris@gs.com>@ENRON
> [mailto:IMCEANOTES-+22Harris+2C+20Daniel+22+20+3CDaniel+2EHarris+40gs+
> 2Ecom+3E+40ENRON@ENRON.com]
> Sent:	Tuesday, September 11, 2001 3:15 AM
> To:	Shackleton, Sara
> Subject:	RE: ECT Investments, Inc. account with Goldman Sachs
> International
>
> Sara
>
> The terms of business are GSI's general terms and span your
> relationship
> with GSI generally. There may be non-prime brokerage issues that
> relate to
> the terms of business. Not everything in the TOBs intersects with the
> PB
> relationship, certainly if you do other business with GSI.
>
> Re the liability provision, I think your concerns are adequately
> addressed
> in the documentation as drafted.
>
> I would be grateful if you would come back to me as soon as possible
> so we
> can try to get this wrapped up today.
>
> Kind regards
>
> Daniel
>
> -----Original Message-----
> From: Sara.Shackleton@enron.com [mailto:Sara.Shackleton@enron.com]
> Sent: 10 September 2001 21:02
> To: Daniel.Harris@gs.com
> Subject: RE: ECT Investments, Inc. account with Goldman Sachs
> International
>
>
> Daniel:
>
> Thanks for the message.  It seems to me that the terms of the PB
> conflict
> because J14 conflicts with A3, that is, (i)  J14 conflicts with Par.8
> requiring the conclusion that English courts will not apply to the
> Terms of
> Business agreement and (ii) A3 requires that English courts prevail.
> Are
> you agreeing with this analysis?
>
> Also, there is nothing in the Terms of Business agreement to conflict
> with
> the limitation of liability language of the PB applicable to the PB
> (except
> for silence on the matter).  You didn't address this point.  It is
> Enron
> Corp. policy to include such language and I would like to limit the
> Terms
> of Business in the same manner.
>
> Can you call me at 9 am Houston time on Tuesday, Sept. 11?  or suggest
> a
> different time?  I am not trying to belabor execution of the the
> remaining
> documents.
>
> Thanks.
>
> Sara Shackleton
> Enron Wholesale Services
> 1400 Smith Street, EB3801a
> Houston, TX  77002
> Ph:  (713) 853-5620
> Fax: (713) 646-3490
>
>
>     -----Original Message-----
>    From:   "Harris, Daniel" <Daniel.Harris@gs.com>@ENRON
>
> [mailto:IMCEANOTES-+22Harris+2C+20Daniel+22+20+3CDaniel+2EHarris+40gs+
> 2Ecom+
> 3E+40ENRON@ENRON.com]
>
>
>    Sent:   Monday, September 10, 2001 1:23 AM
>    To:     Shackleton, Sara
>    Cc:     Daniella.Bodman-Morris@gs.com; Heard, Marie
>    Subject:  RE: ECT Investments, Inc. account with Goldman Sachs
>              International
>
>    Sara
>    Actually, I believe we resolved these when we spoke. Arbitration -
> more
>    appropriate to general terms of business which principally
> contemplate
>    the
>    regulatory rules to which we are subject (SFA rules). In the event
> of
>    inconsistency, the terms of the PB agreement govern (clause A3).
>
>    I also amended the OSLA by side letter, which I sent over.
>
>    Kind regards
>
>    Daniel
>
>    -----Original Message-----
>    From: Shackleton, Sara [mailto:Sara.Shackleton@ENRON.com]
>    Sent: 07 September 2001 20:45
>    To: Daniel.Harris@gs.com
>    Cc: Daniella.Bodman-Morris@gs.com; Heard, Marie
>    Subject: ECT Investments, Inc. account with Goldman Sachs
> International
>
>
>    Daniel:
>
>    Thanks for finalizing the Prime Brokerage Agreement (the
> "Agreement")
>    with my colleague Angela Davis.
>
>    I have two points with respect to the Terms of Business Letter
> relating
>    to the changes made to the Agreement which I believe we discussed
> but
>    were not in a position to resolve at the time.  These are:
>
>    (1)  Par. 8 Arbitration (which should conform to Clause J, Par. 14
> of
>    the Agreement).  I recall that we were discussing the possible use
> of
>    arbitration in the Agreement (and existence of arbitration in the
> OSLA)
>    so that we would not need to amend this particular paragraph of the
>    Terms of Business Letter.  Since we ultimately agreed to English
> courts,
>    I think we need to conform the Terms of Business Letter which will
>    prevail if in conflict with the Agreement.
>
>    (2)  Par. 8 Arbitration (which should be limited in the same manner
> as
>    Clause J, Par. 11 as to limitation of liability).  I believe that
> you
>    and Angela agreed to the revisions in the Agreement.  Why shouldn't
>    these be mirrored in the Terms of Business Letter?
>
>    I look forward to hearing from you and completing the rest of the
>    account documentation.  Regards.
>
>    Sara Shackleton
>    Enron Wholesale Services
>    1400 Smith Street, EB3801a
>    Houston, TX  77002
>    Ph:  (713) 853-5620
>    Fax: (713) 646-3490
>
>
>
>
> **********************************************************************
>    This e-mail is the property of Enron Corp. and/or its relevant
> affiliate
>    and
>    may contain confidential and privileged material for the sole use
> of the
>    intended recipient (s). Any review, use, distribution or disclosure
> by
>    others is strictly prohibited. If you are not the intended
> recipient (or
>    authorized to receive for the recipient), please contact the sender
> or
>    reply
>    to Enron Corp. at enron.messaging.administration@enron.com and
> delete
>    all
>    copies of the message. This e-mail (and any attachments hereto) are
> not
>    intended to be an offer (or an acceptance) and do not create or
> evidence
>    a
>    binding and enforceable contract between Enron Corp. (or any of its
>    affiliates) and the intended recipient or any other party, and may
> not
>    be
>    relied on by anyone as the basis of a contract by estoppel or
> otherwise.
>    Thank you.
>
> **********************************************************************


Kilburn, Bobbi would like to recall the message, "Vermont Yankee
Notification".


Hi Folks,

This is getting murkier by the minute.  Coach Jim Haslett was pumping up the
team with the "it's just one player" talk following the loss of Ricky
Williams and indicated New Orleans would likely not go outside for RB help.
Former Ram Jerald Moore and rookie Chad Morton were slated to carry the
load.  But they did go out and sign Terry Allen Tuesday.  I'm not sure
whether this indicates a lack of confidence in Moore / Morton.  It could be
they thought Allen was a bargain and it certainly can't hurt to have him for
insurance.

As far as the RB distribution goes, I'm kind of leaning toward Moore seeing
a good bit of work with Morton seeing more 3rd down type duties.  Sort of
like the Patriots are doing with JR Redmond and Kevin Faulk.  Honestly, it's
tough to call right now and the Saints understandably are being tight lipped
about their plans.

Here's the story from USA Today.  Thanks to our friend Leo Scanlon for
pointing me to it.

Joe

http://www.usatoday.com/sports/nfl/news.htm#saints NEW ORLEANS - Saints
running back Ricky Williams will have surgery Wednesday on the broken left
ankle that ended his regular season. Williams, hurt Sunday against Carolina
on a run that gave him exactly 1,000 yards for the year, is expected to need
6-to-8 weeks of rehabilitation. New Orleans signed former Pro Bowl running
back Terry Allen for the rest of the season on Tuesday. The team waived wide
receiver Charlie Jones to make room on the active roster. Allen started for
New England last season, leading the team in rushing with 896 yards and
eight touchdowns, but wasn't re-signed by the Patriots. Allen was selected
for the 1996 Pro Bowl while with the Washington Redskins and ranks fifth
among active players with 7,777 yards rushing.

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NFL Reports, Player Updates

Latest NFL Player News

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

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

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

Terrence Wilkins, WR IND - Free Agent Updated 12/27/01
Wilkins (hamstring) has returned to practice. He may be able to play this week.

Stephen Alexander, TE WAS - Free Agent Updated 12/27/01

Alexander (leg) was placed on injured reserve, officially ending his season. Walter Rasby will continue to start in his place, but Zeron Flemister has emerged as the team's best receiving tight end with Alexander out.

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

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

Todd Bouman, QB MIN - Free Agent Updated 12/27/01
Bouman practiced without pads on Wednesday. If he cannot practice fully on Thursday, Spergon Wynn will get the start this week.

Keenan McCardell, WR JAC - Neal/McKay Updated 12/27/01

McCardell is listed as probable with a thigh injury. He should be able to start this week.

Chris Chambers, WR MIA - Free Agent Updated 12/27/01
Chambers is listed as questionable with an ankle injury. He practiced on Wednesday and should be able to play this week.

James McKnight, WR MIA - Free Agent Updated 12/27/01
McKnight is listed as questionable with an ankle injury. He practiced and is hopeful of playing this week.

Travis Minor, RB MIA - Giggles Updated 12/27/01
The Miami Herald reports Minor will get more work on offense this week. Lamar Smith will remain the starter, but the Dolphins are hoping Minor can inject some life into the offense.

James Stewart, RB DET - Hunter Updated 12/27/01
The Detroit Free Press says Stewart is not expected to play this week because of a sprained ankle. Lamont Warren and Cory Schlesinger will assume most of the workload in his place.

Mike McMahon, QB DET - Free Agent Updated 12/27/01
The Detroit Free Press says McMahon is not expected to practice or play this week. Ty Detmer will start in his place.

Brian Griese, QB DEN - Matty Updated 12/27/01
Griese told the Denver Post he is ready to take on the Broncos, although Mike Shanahan questioned how effective he would be in his return. "How do you know with a concussion?" Shanahan said. "There should be no side effects. Hopefully there's not. But we have learned a lot through the years about concussions and how serious they ca!
n !
be, and hopefully that's something in the past and they won't reoccur."

Aaron Shea, TE CLE - Free Agent Updated 12/27/01
Shea is expected to miss the season's final two games with a shoulder injury. O.J. Santiago should remain in the starting lineup in Shea's place.

Akili Smith, QB CIN - Free Agent Updated 12/27/01
Smith underwent surgery on his left hamstring. He is expected to be ready for training camp next season and will compete for the starting job.

Wesley Walls, TE CAR - Free Agent Updated 12/27/01
Walls is listed as questionable with a knee injury. He was expected to be evaluated again on Thursday.

Muhsin Muhammad, WR CAR - Martin Updated 12/27/01
Muhammad (turf toe) is not expected to play this week, and may miss the rest of the season. Isaac Byrd will likely start in his place again.

Travis Henry, RB BUF - Martin Updated 12/27/01

Henry will sit out again this week with a sprained knee. Shawn Bryson will start for the second consecutive week.

Steve McNair, QB TEN - Free Agent Updated 12/27/01
McNair missed practice Wednesday because of back pain.   "I'm going to try to do some things tomorrow and hope it loosens up and not have as much pain as I had today," McNair said.   "I'm not going to go out and try to force the issue. If it's still sore and still tight where I can't have all my mechanics right, I'm not going to force the issue."     The Titans listed him as questionable yet again Wednesday, but McNair likely will play

Jerome Bettis, RB PIT - Giggles Updated 12/27/01
Bettis sat out Wednesday's practice, and indicated he might not play in the regular season's final two games. "You want to take care of the injury first and if that means not playing, that means not playing," Bettis told the Pittsburgh Post-Gazette. "But you want to make sure you're healed up. The team playing as well as it has played allows me the opportunity to get healthy. I'm using it very, very wisely."

Martin Gramatica, K TB - Free Agent Updated 12/27/01

Gramatica sat out practice Wednesday, but is expected to test his injured leg on Thursday. Doug Brien and Brad Daluiso worked out Wednesday for the Buccaneers, who might sign one if Martin Gramatica can't kick against the Baltimore Ravens this week.

Matt Hasselbeck, QB SEA - Bass/Hull Updated 12/26/01
Trent Dilfer will start this week in place of Hasselbeck, whose separated left shoulder is too sore for him to play.    Coach Mike Holmgren said Wednesday that Hasselbeck aggravated the injury, which he's had since the third week of the season, against the New York Giants last Sunday.   "There's a chance I might have him and he could play in an emergency-type situation, but he's pretty sore," Holmgren said.

James Stewart, RB DET - Hunter Updated 12/26/01
Stewart is day to day with a sprained ankle. His status for this week's game is unclear.

Jeff Graham, WR SD - Free Agent Updated 12/26/01
Graham may miss his second consecutive game this week because of the death of his father. With Tim Dwight (lung) still ailing, Trevor Gaylor may have to start again.

Skip Hicks, RB TEN - Free Agent
Updated 12/26/01
Hicks is expected to miss this week's game with a hamstring injury, and may miss the rest of the season. Eddie George should assume a regular workload once again.

Emmitt Smith, RB DAL - Bass/Hull Updated 12/26/01
Smith is day to day with a hip injury. He is expected to play this week.

Peter Warrick, WR CIN - Giggles Updated 12/26/01

Warrick, who was benched late in last week's game, is expected to start. He has been a disappointment this year and Fantasy players should not use him at this point of the postseason.

Todd Bouman, QB MIN - Free Agent Updated 12/26/01
Bouman (thumb) may attempt to practice late in the week. His status remains unclear for this week's game, and Spergon Wynn is available to start if needed.

More Updates

NFL Reports, Transactions

12/26

Arizona Cardinals

Placed guard Pete Kendall on injured reserve; signed tight end-long snapper Nathaqn Hodel from the practice squad.

Detroit Lions

Signed linebacker Eugene McCaslin to the practice squad.

Kansas City Chiefs

Agreed to terms on a three-year contract with wide receiver Reggie Jones; signed cornerback Ahmad Hawkins to the practice squad.

Miami Dolphins

Signed linebacker Corey Moore to a two-year contract; placed linebacker Derrick Rodgers on injured reserve.

12/24

Denver Broncos

Waived wide receiver Keith Poole; signed cornerback Delvin Hughley and guard Michael Moore.

12/23

Kansas City Chiefs

Signed safety Shaunard Harris from the practice squad.

12/21

NFL

Fined Minnesota Vikings receiver Randy Moss $10,000 for a repeated taunting offense in a December 16 game against Detroit; fined Kansas City Chiefs linebacker Donnie Edwards $12,500 for an unnecessary roughness penalty in a December 16 game against Denver.

Transactions, View

 Make Selection

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To see all league transactions select "All", "All", "All Teams" from
the Transactions, View page.

Schedule, Breakdown

Martin

Player	Pos	Points

Gannon, Rich	QB	15.0

Dunn, Warrick	RB	13.0

Thomas, Anthony	RB	8.0

Brown, Tim	WR	2.0

Jackson, Willie	WR	8.0

Owens, Terrell	WR	12.0

Brown, Kris	K	11.0

Dolphins	DT	4.0

TOTAL	 	73.0

Muhammad, Muhsin	WR	0.0

Moore, Rob	WR	0.0

Brady, Tom	QB	11.0

Elam, Jason	K	0.0

Hayes, Donald	WR	7.0

Henry, Travis	RB	0.0

Jenkins, MarTay	WR	0.0

		at Matty

Player	Pos	Points

Brooks, Aaron	QB	17.0

Faulk, Marshall	RB	37.0

Pittman, Michael	RB	11.0

Glenn, Terry	WR	0.0

Horn, Joe	WR	17.0

Stokes, J.J.	WR	0.0

Janikowski, Sebastian	K	4.0

Giants	DT	15.0

TOTAL	 	101.0

Griese, Brian	QB	0.0

Smith, Rod	WR	0.0

Chapman, Doug	RB	0.0

Gadsden, Oronde	WR	0.0

Johnson, Brad	QB	22.0

Wycheck, Frank	TE	1.0

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

FB10SP


CALENDAR ENTRY:	APPOINTMENT

Description:
	Amy - Vacation for TW Team

Date:		7/31/2000
Time:		4:00 PM - 5:00 PM (Central Standard Time)

Chairperson:	Outlook Migration Team

Detailed Description:


Please note this PG&E Motion seeking to defer a the DWR financing order and
related orders impementing a rate agreement between DWR and the commission,
but not the direct access suspension order, because the State Treasurer has
told the financial markets that the state has enough money to pay for the
energy purchase program even without any bond repayment revenue this year.
the same logic should apply as to the direct access suspension program if
the bond revenue is not critical to the state this year.  We should
disseminate this information to the direct access coalition, particularly
the Treasurer's statement, and use it to advocate the Comm. Brown defer the
direct access suspension or support the Bilas alternative.  We could also
consider a parallel motion seeking to delay a direct access suspension for
the same reasons, but it would likely be more effective if this motion were
to come directly from a source other than Enron.

Mike Day

-----Original Message-----
From: Way, Martie [mailto:MLWk@pge.com]
Sent: Friday, September 14, 2001 4:37 PM
To: 'a0011038@cpuc.ca.gov'; 'abb@eslawfirm.com';
'ad046@detroit.freenet.org'; 'aglandenergy@earthlink.net';
'alexm@calpine.com'; 'anchau@shellus.com'; 'aorchar@smud.org';
'askaff@energy-law-group.com'; 'ath@cpuc.ca.gov';
'athomas@newenergy.com'; 'awp@cpuc.ca.gov'; 'beth.fox@sce.com';
'bfinkelstein@turn.org'; 'bill.mccallum@ci.fresno.ca.us';
'bill.wells@tyndall.af.mil'; 'bill@jbs.com'; 'bishop@jrwood.com';
'blaising@braunlegal.com'; 'bloomje@la.whitecase.com';
'bob_anderson@apses.com'; 'bradylaw@pacbell.net'; Bowen, Bruce;
'brbarkovich@earthlink.net'; 'bsl@cpuc.ca.gov';
'btenney@landuselaw.com'; 'butzjh@apci.com'; 'callen@akingump.com';
'car@cpuc.ca.gov'; 'chilen@llgm.com'; 'chrism@mid.org';
'christine_ferrari@ci.sf.ca.us'; 'ckingaei@yahoo.com';
'clpearce@duanemorris.com'; 'cmkehrein@ems-ca.com'; 'cmw@cpuc.ca.gov';
'cpeyton@sacbee.com'; 'cread@steptoe.com'; 'ctd@cpuc.ca.gov';
'cwrmccv@worldnet.att.net'; 'cyounger@manatt.com';
'DavoodiKR@efaches.navfac.navy.mil'; 'dcarroll@dbsr.com';
'ddavie@hesinet.com'; 'deb@a-klaw.com'; 'derkp@newsdata.com';
'dgeorge@kroger.com'; 'dhuard@manatt.com';
'difellman@energy-law-group.com'; 'dkk@eslawfirm.com';
'dlf@cpuc.ca.gov'; 'dmarcus@slip.net'; 'doug.anderson@calenergy.com';
'douglass@energyattorney.com'; 'dpritchard@mofo.com'; Pease, Daniel;
'dwrlegal1@water.ca.gov'; 'dws@keywaycorp.com'; 'ed@apx.com';
'ed@clfp.com'; 'edwardoneill@dwt.com'; 'ek@a-klaw.com'; Lucha, Ed;
'emitchel@angnewspapers.com'; 'epoole@adplaw.com'; 'epoole@adplaw.com';
'firmiyas@dof.ca.gov'; 'fmo@sdcity.sannet.gov'; 'foothill@lmi.net';
'fosterbc@sce.com'; 'frank.cooley@sce.com'; 'freedman@turn.org';
'fua@cpuc.ca.gov'; 'furutanj@efawest.navfac.navy.mil';
'fwmonier@tid.org'; 'gdreed@sidley.com'; 'georgeperrault@msn.com';
'gerhordt.herbert@msdw.com'; 'gig@cpuc.ca.gov'; Slocum, Gail (Law);
'gtbl@dynegy.com'; 'harrington@ggra.org'; 'hbd@gweiss.com';
'hchoy@isd.co.la.ca.us'; 'hodgesjl@pacbell.net';
'honest@compuserve.com'; 'huse@eesconsulting.com'; 'hwmoore@pcit.com';
'iberrio@greenlining.org'; 'j.p.shotwell@sce.com';
'jbarthrop@electric.com'; 'jbennett@gmssr.com'; 'jbradley@svmg.org';
'jbushee@sablaw.com'; 'jcpaine@stoel.com'; 'jdh@eslawfirm.com';
'jeff@hmhresources.com'; 'jerryl@abag.ca.gov'; 'jguzman@nossaman.com';
'jhay@sempra.com'; 'jhg@meyersnave.com'; 'jimross@r-c-s-inc.com';
'jjz@cpuc.ca.gov'; 'jleslie@luce.com'; 'jlo@cpuc.ca.gov';
'jlyoung@sempra.com'; 'jmalkin@orrick.com'; 'jmh@cpuc.ca.gov';
'jnnc@chevron.com'; 'joe.paul@dynegy.com'; 'joeyoung@ebmud.com';
'jogg@jhenergy.com'; 'jon.jacobs@paconsulting.com';
'jparrott@sempra.com'; 'jpbatmale@realenergy.com'; 'jpeck@sempra.com';
'jrd@cpuc.ca.gov'; 'jskillman@prodigy.net';
'jsmollon@newwestenergy.com'; 'jsqueri@gmssr.com'; 'jsw@cpuc.ca.gov';
'jtachera@energy.state.ca.us'; 'julesan@aol.com'; 'jweil@aglet.org';
'jweisgall@aol.com'; Frazier-hampton, Janice; 'karen@klindh.com';
'kcheh@omm.com'; 'kduggan@capstoneturbine.com';
'keith-sappenfield@reliantenergy.com'; 'kim@cpuc.ca.gov';
'kjl@cpuc.ca.gov'; 'kmccrea@sablaw.com'; 'kmcspadd@milbank.com';
'kmelville@sempra.com'; 'kmills@cfbf.com'; 'kok@cpuc.ca.gov';
'kpoole@adamsbroadwell.com'; 'lgurick@calpx.com'; 'lifcentral@lif.org';
'lindseyhowdowning@dwt.com'; 'llk@cpuc.ca.gov'; 'lmh@eslawfirm.com';
'lss@cpuc.ca.gov'; 'luluw@newsdata.com'; 'LVanWagenen@sempra.com';
'lwhouse@el-dorado.ca.us'; 'margery.a.neis@us.pwcglobal.com';
'maxian_miriam@jpmorgan.com'; 'mbazeley@sjmercury.com';
'mbrubaker@consultbai.com'; 'mday@gmssr.com';
'mdjoseph@adamsbroadwell.com'; 'melanie_gillette@rmiinc.com';
'mer@cpuc.ca.gov'; 'mgomez1@bart.gov'; 'mhg@hetrading.com';
'michael.neville@doj.ca.gov'; 'mjaske@energy.state.ca.us';
'mmattes@nossaman.com'; 'mpa@a-klaw.com'; 'mpatel@brownwoodlaw.com';
Huffman, Mark (Law); 'mschwebs@energy.state.ca.us'; 'mshames@ucan.org';
'mv1@cpuc.ca.gov'; 'napedersen@jonesday.com'; 'natutt@duanemorris.com';
'nryan@environmentaldefense.org'; Kjellund, Niels;
'oshirock@pacbell.net'; 'patrickm@crossborderenergy.com';
'paul.harris@bridge.com'; 'pbray@newpower.com';
'peter_fox-penner@brattle.com'; 'phanschen@mofo.com';
'picketse@sce.com'; 'pjmuller@ricochet.net'; 'pjpowerlaw@aol.com';
'pmd@cpuc.ca.gov'; Ouborg, Peter (Law); 'randy.chinn@senate.ca.gov';
'randy_britt@mayco.com'; 'raw@cpuc.ca.gov'; 'rax@cpuc.ca.gov';
'rbw@mrwassoc.com'; 'rcc@cpuc.ca.gov'; 'riald@kindermorgan.com';
'rick.counihan@greenmountain.com'; Peters, Roger (Law);
'rkeen@manatt.com'; 'rliebert@cfbf.com'; 'rmccann@cal.net';
'robert.d.schasel@fritolay.com'; 'rogerberliner@bcjlaw.com';
'ronknecht@aol.com'; 'ROTT1@aol.com'; 'rpernell@energy.state.ca.us';
'rrcollins@n-h-i.org'; Helgens, Ronald; 'rschmidt@bartlewells.com';
'rtavares@energy.state.ca.us'; 'rtf@cpuc.ca.gov'; Piccillo, Roxanne;
'sberlin@mccarthylaw.com'; 'scottst@mid.org'; 'scr@cpuc.ca.gov';
'sfc@cpuc.ca.gov'; 'sgreenberg@realenergy.com';
'Slayman@energy.state.ca.us'; 'smoss@hooked.net'; 'smutny@iepa.com';
'sro@cpuc.ca.gov'; 'ssmyers@worldnet.att.net'; 'swchurchill@juno.com';
'thaines@smud.org'; 'theodore.huang@us.pwc.lobal.com';
'theresa_mueller@ci.sf.ca.us'; 'thoulihan@mdbe.com';
'tknox@klalawfirm.com'; 'tmberliner@duanemorris.com';
'tom.oneill@abnamro.com'; 'tomb@crossborderenergy.com';
'tregtremont@dwt.com'; 'troberts@sempra.com'; 'trp@cpuc.ca.gov';
'tsmegal@calwater.com'; 'txb@cpuc.ca.gov'; 'uwuaregion5@earthlink.net';
'wbooth@booth-law.com'; 'wendy@econinsights.com'; Edwards, William
(Law); 'yee@cpuc.ca.gov'; 'ztc@cpuc.ca.gov'
Subject: A.00-11-038 Motion to Postpone Consideration

September 14, 2001

Enclosed please find "MOTION OF PACIFIC GAS AND ELECTRIC COMPANY TO POSTPONE
COMMISSION CONSIDERATION OF DWR-RELATED DRAFT DECISIONS IN LIGHT OF NEW
INFORMATION FROM STATE TREASURER" filed today by Pacific Gas and Electric
Company.  Hard copies are being mailed to all parties on the official
service list for this matter today also.  Appendix A is only available in
hard copy.

 <<DWRdeferral9-14elec.doc>>

Martie Way for
Christopher J. Warner
Pacific Gas and Electric Company
P.O. Box 7442
San Francisco, CA  94105
Tele:  (415) 973-6695
Fax:  (415) 972-5220
Email:  cjw5@pge.com

 - DWRdeferral9-14elec.doc


There are a few other issues we need to look into:

Larcamp told Hartsoe and I after the meeting that FERC may clarify that the
price caps and reporting obligations apply only to bids into the PX and ISO
-- ie no bilateral transaction will be subject to the requirements.  He asked
if knowing this would change any of our views (esp peaking plants, though I
suspect it's already too late for that).  My gut reaction is that so long as
the market continues to clear through the centralized exchanges this
"exemption" for bilateral transactions won't matter much, but let's think it
through.  Is EOL or APX an alternative?
Massey specifically asked us to address forward markets in our comments.
Specifically, "has FERC done everything it can to encourage forward market
development?"  In addition to any other points we might make, I think we
should argue that "PJMing" the market won't facilitate and may even hinder
forward market development.  Also, we should advocate actions by FERC that
take away second-guessing by the CPUC in order to reduce utility fears about
contracting forward.
We have to give the Commission a way out on price caps.  We need to think
through whether there is something we can live with here, or we should take
the approach I took in my testimony:  FERC should encourage the state to
provide rate protection for selected customer classes by putting those
requirements up for bid (ie get the utility out of the commodity business as
much as possible).
Finally, on governence issues we should argue for a narrowe role for the ISO
as a way of diffusing the emotional governence debate.  Analogy:  if the ISO
is simply the air traffic controller all parties will simply be interested in
retaining the most technically competent people (not hiring or appointing
their lackies or friends).  So long as the ISO has a role in setting prices,
acquiring supplies or running the market, it is destined to be controversial
and highly politicized.  Those functions should be left to the market.

	Mary Hain@ECT
	11/10/2000 11:13 AM

		 To: Steven J Kean/NA/Enron@Enron, Harry Kingerski/NA/Enron@Enron
		 cc:
		 Subject: Comments on FERC November 1 order

---------------------- Forwarded by Mary Hain/HOU/ECT on 11/10/2000 09:20 AM
---------------------------
________________________

To: Christian Yoder/HOU/ECT@ECT, steve.c.hall@enron.com, Richard Sanders,
Susan J Mara/SFO/EES@EES, Mona L Petrochko/NA/Enron@Enron,
jdasovic@ees.enron.com, Paul Kaufman/PDX/ECT@ECT, James D
Steffes/NA/Enron@Enron, Joe Hartsoe@Enron, Sarah Novosel/Corp/Enron@ENRON,
James E Keller/HOU/EES@EES, Mike D Smith/HOU/EES@EES, Harry
Kingerski/HOU/EES@EES, Dennis Benevides, Tim Belden/HOU/ECT@ECT, Robert
Badeer/HOU/ECT@ECT, Jeff Richter/HOU/ECT@ECT, Alan Comnes/PDX/ECT@ECT, Steve
Kean, Richard Shapiro, Tim Heizenrader/PDX/ECT@ECT
cc: carrrn@bracepatt.com, dwatkiss@bracepatt.com
From: Mary Hain/HOU/ECT
Date: 11/09/2000 05:19:03 PM
Subject: Comments on FERC November 1 order

For purposes of our discussions, Alan and I have put together an outline of
issues raised in the FERC meeting today that we might consider putting in our
comments to FERC.  Our written comments would also include the issues we have
already raised in our white paper and our oral comments at FERC.  Of course
to the extent we have discussed things in our white paper we could simply
cite the paper.  Given the potentially long list of issues to be addressed, I
haved left a voice mail asking Seabron if he is available to help Alan.


---------------------- Forwarded by Rosalee Fleming/Corp/Enron on 12/12/2000
02:42 PM ---------------------------

Kathy Mayfield
12/12/2000 02:01 PM

To: Rosalee Fleming/Corp/Enron@ENRON
cc:
Subject: Thank you for the Charitygift

A nice note from Anne . . .

---------------------- Forwarded by Kathy Mayfield/Corp/Enron on 12/12/2000
01:33 PM ---------------------------

alkinder@att.net on 12/09/2000 02:11:25 PM
To: kathy.mayfield@enron.com
cc:

Subject: Thank you for the Charitygift

Kathy, what a wonderful idea!  My thanks to you and
everyone at ENRON.
Anne Lamkin Kinder


do I need to do anything?  I believe the only transaction I had was related
to a set of shares which were released to me earlier in the year.  Some of
the shares were sold at that time to pay the income tax on the distribution.
We discussed this before and my recollection is I did not have to make a
filing.  Could you confirm by e-mail?
---------------------- Forwarded by Steven J Kean/HOU/EES on 04/20/2000 11:50
AM ---------------------------

Rebecca Carter@ENRON
04/20/2000 09:58 AM
Sent by: Kelly Johnson@ENRON
To: Kenneth Lay/Corp/Enron@ENRON, Jeff Skilling/Corp/Enron@ENRON, Joseph W
Sutton/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, rebecca
mark-jusbasche/HOU/AZURIX@Azurix, Ken Harrison/Enron@Gateway, Cliff
Baxter/HOU/ECT@ECT, Mark Frevert/LON/ECT@ECT, Joe Hirko/Enron
Communications@Enron Communications, Stanley Horton/Corp/Enron@Enron, Ken
Rice/Enron Communications@Enron Communications, Lou L Pai/HOU/EES@EES, Rick
Buy/HOU/ECT@ECT, Richard Causey/Corp/Enron@ENRON, James
Derrick/Corp/Enron@ENRON, Andrew S Fastow/HOU/ECT@ECT, Steven J
Kean/HOU/EES@EES, Mark Koenig/Corp/Enron@ENRON, Mike McConnell/HOU/ECT@ECT,
Jeffrey McMahon/HOU/ECT@ECT, J Mark Metts/NA/Enron@Enron, Cindy
Olson/Corp/Enron@ENRON
cc: Rosalee Fleming/Corp/Enron@ENRON, Sherri Sera/Corp/Enron@ENRON, Pam
Benson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Marsha Lindsey/HOU/AZURIX@AZURIX,
Dolly Henrici/Enron@Gateway, Susan Skarness/HOU/ECT@ECT, Nicki
Daw/LON/ECT@ECT, Nancy Young/Enron Communications@Enron Communications, Cindy
Stark/Corp/Enron@ENRON, Dorothy Dalton/Enron Communications@Enron
Communications, Karen Owens/HOU/EES@EES, Karen K Heathman/HOU/ECT@ECT,
Sharron Westbrook/Corp/Enron@ENRON, Stephanie Harris/Corp/Enron@ENRON,
Bridget Maronge/HOU/ECT@ECT, Maureen McVicker/HOU/EES@EES, Joannie
Williamson/Corp/Enron@ENRON, Cathy Phillips/HOU/ECT@ECT, Sue
Ford/HOU/ECT@ECT, Dolores Fisher/NA/Enron@Enron, Bobbie
Power/Corp/Enron@ENRON
Subject: Form 4 Reminder for April

please open the attached document.


Dear Mr Lay

Eyeforenergy Asia 2001 takes place at the Shangri La Hotel in Singapore,
15-17 October.  It is the follow-up to last year's e-Business for Energy
Asia Pacific, which also took place in Singapore, and will be the
meeting-place this year for the senior energy executives in the region to
discuss all the latest developments in the industry - e-business, regulatory
change, and the subsequent financial impact on both the new and old
economies.

I would like to invite you to give a keynote presentation at the conference.
I have attached the full program.

We expect 150 very senior delegates from across the energy industry, from
Asia and beyond - oil and gas co's, but also electricity utilities, as well
as exchanges, analysts and investors.  Speakers will come from companies
such as Caltex, BP, Shell, Petronas, Premier and Texaco, and, hopefully,
Enron.

If you have any questions at all, or would like to discuss your presentation
in more detail, please do not hesitate to give me a call or drop me an
email.

Best regards

Joe Barry
Conference Director
Eyeforenergy
www.eyeforenergy.com/asia

t - +44 (0)20 7375 7171
f - +44 (0)20 7375 7511
e - jbarry@eyeforenergy.com


See the comment below on Williams' confirmation site.  Sounds similar to what
we are proposing on CL.  One question I'm exploring right now is whether we
could save more money from an Enron perspective and achieve greater
marketability with the model that ConfirmCorp proposes with automated
matching vs. the Commodity Logic/Williams approach that depends on users
reviewing/approving confirms (we've simply put the current process online so
to speak).  We need to push for a more radical change/improvement on a faster
timeline.   I still believe confirms is the correct area to be focusing on,
as I mentioned in our meeting with Louise, but we need to seriously review
what we propose to deliver and how.  Is ConfirmCorp a viable company to bring
under the Enron umbrella?

I think we should be concerned that late entry with less functionality will
erode our ability to sign up customers.  I don't think each large marketer
will want to log in to several sites to clear their confirmations with each
of their large counterparties.

Can we find out if Williams has further plans for their service that would
compete with Commodity Logic?

---------------------- Forwarded by Mary Solmonson/HOU/ECT on 11/07/2000
03:08 PM ---------------------------

"Chris Papousek" <cep@confirmcorp.com> on 11/07/2000 11:10:15 AM
Please respond to <cep@confirmcorp.com>
To: <ron.nolte@enron.com>
cc: <mary.solmonson@enron.com>
Subject: ConfirmCorp Info

Dear Ron:

I recently sent you information relating to ConfirmCorp via FedEx.  I trust
you have received it by now.  If you have any questions, please do not
hesitant to call.  I will follow up with you in one week.

Regards,

Chris Papousek
President, Confirmation Clearing Corporation
(713)526-3000

PS Williams Energy just came out with "Williams CustomerFirst", a website
that contains all their confirmations.  While eliminating faxes, this puts
the onus of verification on the counterparty and assumes there is a
confirmation staff on the other end to do the checkout.  ConfirmCorp will
make even this advanced approach obsolete.


Don,

Could you have one of your guys take a look at the attached to see if we have
all documents related to the peakers properly inputed into the system?

Stuart
----- Forwarded by Stuart Zisman/HOU/ECT on 10/11/2000 03:53 PM -----

	Chris Booth@ENRON
	10/11/2000 03:24 PM

		 To: Stuart Zisman/HOU/ECT@ECT
		 cc: Fred Mitro/HOU/ECT@ECT, Kristi Dobbs/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 Subject: PEAKER PROJECTS 1999-2000

Stuart,

Please find attached a list of the contracts that EE&CC has administered for
the 1999 and 2000 Peaker Projects.  Please let myself or Kristi Dobbs know
what contracts you need for the due diligence files.

Chris
---------------------- Forwarded by Chris Booth/NA/Enron on 10/11/2000 03:12
PM ---------------------------

Kristi Dobbs@ENRON_DEVELOPMENT
10/11/2000 03:04 PM
To: Chris Booth/NA/Enron@Enron
cc: Brian D Barto/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: PEAKER PROJECTS 1999-2000

Per your request

Thanks...Kristi


Sally,

Per your request, here is a copy of my resume.  The information is updated
through my role in investor relations which accounts for the review period.
I also provided your assistant with a summarized list of my projects for the
period and have attached that as well for you.

Thanks and I look forward to visiting with you soon.

Regards,
Shelly


In my response to Brent Price on the London Doorstep review I alluded to the
incompleteness of the list of issues. As I outlined, the key point has been
identified, but its knock - on effects are widespread and worrying,
especially as they concern the Continental Power operation:

As of today the most recent finalised DPR for this business was for 11th May,
and during the period between then and now we have seen (although in milder
form) a repeat of the turmoil on the Amsterdam Power Exchange (APX) that we
witnessed in January this year. This is not the time or the market to not
know our position.

The business is soon to apply for higher limits to accommodate a new
transaction on the Polish border. I am bound to comment that based on the
state it appears to be in, I would not recommend higher limits.

To add insult to injury, as a result of the way this area has been allowed to
develop, much of the know-how is in the heads (and spreadsheets) of certain
key individuals who it seems are now bound rapidly for EBS.

UK Gas seems to have slipped too. Yesterday they reported a $7m loss due to
the value of a set of options which were part of a structured deal, booked
"off-system" and not revalued for over a month. Worryingly, there seemed to
be more time spent arguing over the nuances of a Loss Notification memo, than
answering some fundamental questions about why it happened.

As a corollary, our process of performing "risk reviews" has become all the
more important in identifying holes in our capture and treatment of market
risk in the firm. I expect these to play a big part in our effort to
stabilise these areas.

DP

---------------------- Forwarded by David Port/Market Risk/Corp/Enron on
05/17/2000 10:31 AM ---------------------------

From:  David Port
05/17/2000 09:30 AM

To: Brent A Price/HOU/ECT@ECT
cc: Mike Jordan/LON/ECT@ECT, Steve W Young/LON/ECT@ECT, Tani
Nath/LON/ECT@ECT, Mark Pickering/LON/ECT@ECT, Joe Gold/LON/ECT@ECT, James
New/LON/ECT@ECT, Richard Lewis/LON/ECT@ECT, Michael R Brown/LON/ECT@ECT,
Fernley Dyson/LON/ECT@ECT, Sally Beck/HOU/ECT@ECT, Ted Murphy/HOU/ECT@ECT,
John Sherriff/LON/ECT@ECT

Subject: Re: Project Doorstep Responsibility Matrix

Thanks for the summary. I was out last week so apologies if my comments
arrive too late. Here they are anyway:

1 Socrates

I think it inappropriate for me, or anyone in RAC for that matter, to have
primary responsibility for this system/project.

But if I were responsible the first thing I would want to know is why this
project, which commenced in May 1998, as I recall, is still incomplete, given
that it now contains possibly the largest energy derivative position in
history, concentrated in a single commodity with a single counterpart.

2 Exhaustive ?

It doesn't look like an exhaustive list and I suspect it was not intended to
be so - nevertheless we should ensure it is not viewed as such.

3 Symptoms or Causes ?

Many of the points look like the former, and addressed as they stand will
likely leave us with a Band-aid solution which will drop off when pressure is
applied.
In fact many of them look like they are a result of Point 5 :

 "Prioritisation of system projects has resulted in a lack of certain control
functionality..."

because that explains partly why models get built and forgotten, confirmation
errors get made, deliveries go astray and trades get missed - usually bright
people are simply too immersed in manual processes to have time to think
about changing the way they work. And, for example, when those people move
on, as they surely will, the institution has no memory of how to do what they
did.

I am still amazed at how much we pay relatively senior people to work on
Microsoft Excel all day, everyday.

4 Overall

I think this is a good exercise if we react to it in the right way. Rather
than a list of irritating issues we have to do just enough to justify ticking
off, we should use it as a tool to analyse the way we operate.

As a hypothesis, if most issues stem from Point 5, then I would ask why has
prioritisation of system projects resulted in a lack of certain control
functionality ?

DP

Brent A Price@ECT
05/08/2000 11:08 AM
To: Mike Jordan/LON/ECT@ECT, Steve W Young/LON/ECT@ECT, Tani
Nath/LON/ECT@ECT, Mark Pickering/LON/ECT@ECT, Joe Gold/LON/ECT@ECT, James
New/LON/ECT@ECT, Richard Lewis/LON/ECT@ECT, Michael R Brown/LON/ECT@ECT,
Andrew Cornfield/LON/ECT@ECT, Tim Davies/LON/ECT@ECT, Rebecca
Millerchip/LON/ECT@ECT, Kevin Sweeney/HOU/ECT@ECT, Pablo
Pissanetzky/LON/ECT@ECT, Gail Hill/LON/ECT@ECT, Eric Virro/LON/ECT@ECT,
Richard Sage/LON/ECT@ECT, Tim Poullain-Patterson/LON/ECT@ECT, Ian
Sloman/LON/ECT@ECT, David Port/Market Risk/Corp/Enron@ENRON
cc: Fernley Dyson/LON/ECT@ECT, Sally Beck/HOU/ECT@ECT, Ted
Murphy/HOU/ECT@ECT, John Sherriff/LON/ECT@ECT

Subject: Project Doorstep Responsibility Matrix

Attached is a responsibility matrix for London - Project Doorstep action
steps.  The listing consists of controls findings, action steps, proposed
timelines, and proposed sponsors and responsibility assignments for the
completion of the action steps.  The purpose of this matrix will be to review
and monitor it on an ongoing basis to ensure that items are being
appropriately addressed and completed.  Please take a moment to review all
sections of the listing and communicate any comments or revisions you may
have to me as soon as possible.  We would like to have a final version of
this document in place by May 12.


Just need to know why there will be a BOM charge of $5331.90? My impression is that this was totally trued up...
Is this some weird tranny charge?
Ideas...
As always, if you could go through these charges that would be great, and I like the idea of showing the $96,065.15 this month.
Thanks,
Bill

 -----Original Message-----
From: 	Symes, Kate
Sent:	Tuesday, October 30, 2001 12:53 PM
To:	Williams III, Bill
Subject:	FW: Prior Month Adjustments going into 10/31 P&L
Importance:	High

Bill -

I've asked Fran to include the El Paso true-up annuities in this month's PMA. Please let me know if you'd like to do otherwise.

Thanks,
Kate

 -----Original Message-----
From: 	Chang, Fran
Sent:	Tuesday, October 30, 2001 12:49 PM
To:	Symes, Kate; Williams III, Bill
Subject:	Prior Month Adjustments going into 10/31 P&L
Importance:	High

Kate and Bill:

Attached please find the latest prior month adjuments to be entered in your P&L for 10/31/01.  The total amount will be:

STWHOURLY: -$12,322.87, excluding El Paso clean up for Feb, March, and June 00' totaled +$108,388.02
(* if you decided to taken the Elso Paso $108,388.02, the total for WHOURLY will be +$96,065.15)

STWBOM: -$5,331.90

Please also note the attached file is preliminary.  There could be more to come from Settlements between now and month-end.  I'll update you if that happens.  Please take a look at the items listed now and let me know if you have any questions.  Please also confirm if you like to take the $108,388.02 at this month-end (10/31) or next month-end (11/30).

Thank you,
Fran

 << File: STWHOURLY & STWBOM PMA PRELIMINARY.xls >>

 -----Original Message-----
From: 	Chang, Fran
Sent:	Friday, October 26, 2001 2:53 PM
To:	Symes, Kate; Williams, Bill
Subject:	RE: El Paso Annuities - Year 2000

Kate and Bill:

I have received documents from Settlements indicating the annuities per your 10/10 email (as attached below) have been captured as upcoming prior month adjustments (i.e. pmas).  These are the pmas associated with El Paso clean up for Feb, March, and June 2000 ONLY.   The annuities you entered for Sep and Nov 2000 shall come later but possibly after this month-end (10/31).

The total impact of Feb, March, and June 2000 annuities will be +$108,388.02.  Although they will come through on regular desk analysis for 11/30, since I have received documents from Settlements indicating this $108,388.02 have been captured successfuly, if you like we can take it early, which means taking it on 10/31.  Let me know if you have a preference.

Also, at this moment I am working on all other pma items which you shall expect to go into your P&L this month-end.  As soon as I have them ready I'll send you the details for review.

-Fran
 -----Original Message-----
From: 	Symes, Kate
Sent:	Wednesday, October 10, 2001 6:13 PM
To:	Clemons, Amy
Cc:	Williams III, Bill; Thompson, Virginia
Subject:	El Paso Annuities - Year 2000
Importance:	High

I have entered the following annuities to account for discrepancies incurred during the checkout process of February, March, and June 2000. This is per records generated by Amy Clemons. Please direct any questions to Amy or me.

February 2000
Sales - 813409
Purchases - 813416

March 2000
Sales - 813417
Purchases - 813418

June 2000
Sales - 813419
Purchases - 813420

Net DPR impact to the EPMI Short Term West Hourly book will be $108,388.02. All annuities are scheduled to calculate at HE 24 today.

Thanks,
Kate Symes
Real Time Trading Support
Office/503-464-7744
Cell/503-819-2181
Fax/503-464-7996