----- Forwarded by Richard B Sanders/HOU/ECT on 11/29/2000 11:05 AM -----

	Mark Palmer@ENRON
	11/29/2000 10:56 AM

		 To: Richard Shapiro/HOU/EES@EES, Steven J Kean/NA/Enron@Enron, Jeff
Dasovich/NA/Enron@Enron, Richard B Sanders/HOU/ECT@ECT, Paul
Kaufman/PDX/ECT@ECT
		 cc:
		 Subject: RE: FW: ANNOUNCEMENT: Notice of Press Conference today

Here's the suit filed against the generators.  Reporter says our suit will
look the same.

Mark
----- Forwarded by Mark Palmer/Corp/Enron on 11/29/2000 10:53 AM -----

	"Leopold, Jason" <Jason.Leopold@dowjones.com>
	11/29/2000 10:47 AM

		 To: "'Mark.Palmer@enron.com'" <Mark.Palmer@enron.com>
		 cc:
		 Subject: RE: FW: ANNOUNCEMENT: Notice of Press Conference today

James C. Krause, Esq., SBN 066478
Ralph B. Kalfayan, Esq., SBN 133464
Patrick N. Keegan, Esq., SBN 167698
Stephen W. Poirier, Esq. SBN 200868
KRAUSE & KALFAYAN
1010 Second Avenue, Suite 1750
San Diego, CA 92101
Tel: (619) 232-0331
Fax: (619) 232-4019

Attorneys for Plaintiff
(Additional Counsel on Signature Page)

 SUPERIOR COURT OF THE STATE OF CALIFORNIA

 FOR THE COUNTY OF SAN DIEGO

PAMELA R. GORDON, on behalf of ) Case No.
herself and all others similarly situated, )
       ) CLASS ACTION
COMPLAINT FOR
) VIOLATIONS OF CALIFORNIA
Plaintiff,  ) BUSINESS AND PROFESSIONS CODE
) oo16720, ET SEQ. AND oo17200 ET SEQ.
vs.     ) ANTITRUST and UNFAIR
BUSINESS
) PRACTICES
RELIANT ENERGY, INC.; SOUTHERN )
COMPANY; NRG ENERGY; DYNEGY,  )
INC.; AES CORPORATION; WILLIAMS )
ENERGY; DUKE ENERGY NORTH )
AMERICA; and  DOES 1 through 100,  )
Inclusive     )
)
Defendants.  )
___________________________________  )

  TABLE OF CONTENTS

I. NATURE OF THE CASE 1

II. VENUE 2

III. PARTIES 2

IV. CLASS ACTION ALLEGATIONS 5

V. COMMON ALLEGATIONS OF FACT 6

A. The California Wholesale Electricity Markets 6

B. Defendants' Improper Acts 8

C. Results of Defendants' Activities 13

FIRST CAUSE OF ACTION 15
Violation of Sections 16720 and 16726 of the California Business and
Professions
Code Trust In Restraint of Trade or Commerce in Violation of the Antitrust
Act
SECOND CAUSE OF ACTION 18
For Violations of the Unfair Trade Practices Act Based Upon Violations of
the
Antitrust Act

THIRD CAUSE OF ACTION 19
For Violations of the Unfair Trade Practices Act Based Upon Defendants'
Unfair Business Acts and Practices

FOURTH CAUSE OF ACTION 20
Violations of the Consumers Legal Remedies Act

VI. PRAYER FOR RELIEF 21

 Plaintiff hereby alleges on information and belief based upon the
investigation made by and through her attorneys, as follows:
 I.
 NATURE OF THE CASE

1. This is a class action seeking redress under the law of California
for defendants' conduct in the market for wholesale electricity.  During the
spring and summer of 2000, a group of electricity generators and traders,
including defendants, exercising market power, unlawfully manipulated the
California wholesale electricity market, resulting in grossly inflated
wholesale electricity prices throughout the state and much of the Western
United States. Defendants accomplished this result by, inter alia,
improperly using confidential real time generator capacity, use, and
maintenance data, and transmission system flow data to "game" the wholesale
electricity market, by withholding electrical generating capacity from the
California Power Exchange's forward markets, by improperly parking power
with affiliates in other states which was later resold in California at
inflated rates, by scheduling previously unplanned plant outages to coincide
with other plants' planned maintenance shutdowns, and by scheduling
transmission flows to cause or exacerbate congestion.
2. The improper use of confidential real time data was in violation of
the California Tariff by which  defendants are authorized to sell wholesale
electricity within California.
3. By engaging in said unfair business practices, defendants have
directly and severely damaged purchasers of electricity supplied through the
California Power Exchange.  As noted in the August 30, 2000 San Diego Union
Tribune:  "The utility bills of all [electric] ratepayers in San Diego are
exorbitant. . . . Rates that were 3 cents per kilowatt hour have risen to 19
cents per kilowatt hour in just three months -- nothing short of
confiscatory rates."
 4. In its November 1, 2000 Order, the Federal Energy Regulatory
Commission ("FERC") expressly found that electricity prices in California
have been maintained at "unjust and unreasonable" levels during the relevant
period, though it determined that it did not have the authority to mandate
refunds or other retroactive relief with respect thereto.  In its November
22, 2000 response to the November 1st FERC order, the California Public
Utilities Commission (CPUC) concluded that due to market manipulation by
wholesale energy producers and traders, customers of electricity supplied
through the California Power Exchange had been overcharged more than $4
billion dollars during the summer of 2000.  In its November 22nd response to
the November 1st FERC order, even the California Independent System Operator
(CAISO) which manages California's transmission system infrastructure, known
as the "power grid", found that the summer 2000 prices resulted from the
exercise of intolerable levels of market power by generators and traders.
 II.
 VENUE

5. Venue is proper because defendants each transact business in the
State of California and because the damages caused by defendants' unlawful
manipulation of the price of wholesale electricity occurred in San Diego
County.
III.
 PARTIES

6. Plaintiff Pamela R. Gordon is an adult resident living in San Diego,
California.  Plaintiff Pamela R. Gordon is a retail electricity customer of
SDG&E, and has been forced to pay rates for electricity during the Class
Period (defined infra) that are unjust and unfair and that have been
artificially inflated by defendants' misconduct.  Moreover, plaintiff Pamela
R. Gordon was born with no lymph nodes in her legs which results in a lack
of circulation.  Exposure to high temperatures will cause plaintiff Pamela
R. Gordon's legs to swell, which can lead to possible severe health
consequences.  As a result of her condition, plaintiff Pamela R. Gordon must
maintain her home at temperatures of not more than 67 degrees at night and
71 degrees during the day.  Plaintiff Pamela R. Gordon is unable to
terminate her electricity service and has been forced to pay unjust and
unfair rates for electricity from SDG&E as a result of defendants'
misconduct.  Specifically, plaintiff Pamela R. Gordon was charged and/or
paid the following rates for electricity by SDG&E during the Class Period:
/ / /
/ / /
/ / /
/ / /

Dates
Total Electric Charges

5-26 to 6-27-00
$180.92

6-27 to 7-27-00
$226.67

7-28 to 8-28-00
$311.84

8-28 to 9-27-00
$143.48

9-27 to 10-26-00
$84.71

7. Plaintiff was charged less for electricity per kWh prior to the
Class Period and the inception of Defendants' wrongful conduct:

Dates
Total Electric Charges

3-29 to 4-27-00
$100.50

8. Defendant Reliant Energy (hereinafter "Reliant") is a Houston, Texas
based public corporation doing business in the state of California as
Reliant Energy Services.  It is a generator and trader of wholesale
electricity which is ultimately sold to California consumers, including
plaintiff and the class, and is a WSCC member.  Reliant operates five
electricity generating plants in California which supply wholesale
electricity to the California Power Exchange.
9. Defendant Southern Company (hereinafter "Southern") is an Atlanta,
Georgia based public corporation doing business in the state of California
as Southern Energy, Inc.  It is a generator and trader of wholesale
electricity which is ultimately sold to California consumers, including
plaintiff and the class, and is a WSCC member.  Southern Energy operates six
electricity generating plants in California which supply wholesale
electricity to the California Power Exchange.
10. Defendant Dynegy, Inc. (hereinafter "Dynegy") is a Houston, Texas
based public corporation doing business in the state of California as Dynegy
Marketing and Trade. It is a generator and trader of wholesale electricity
which is ultimately sold to California consumers, including plaintiff and
the class, and is a WSCC member.  Dynegy operates two electricity generating
power plants in California which supply wholesale electricity to the
California Power Exchange.
 11.  Defendant NRG Energy, Inc. (hereinafter "NRG") is a Minneapolis,
Minnesota based public corporation doing business in the state of California
as NRG, a generator and trader of wholesale electricity which is ultimately
sold to California consumers, including plaintiff and the class.  In
partnership with defendant Dynegy, NRG operates eight electricity generating
plants in California which supply wholesale electricity to the California
Power Exchange.
12. Defendant AES Corporation (hereinafter "AES") is an Arlington,
Virginia based public corporation doing business in the state of California
as AES Pacific Group, a generator and trader of wholesale electricity which
is ultimately sold to California consumers, including plaintiffs and the
class, and a WSCC member.  AES Pacific Group operates four electricity
generating plants in southern California which supply wholesale electricity
to the California Power Exchange.
13. Defendant Williams Energy is a Tulsa, Oklahoma based public
corporation doing business in the state of California as Williams Energy
Marketing and Trading Company, a generator and trader of wholesale
electricity which is ultimately sold to California consumers, including
plaintiffs and the class, and a WSCC member.  Williams Energy Marketing and
Trading Company operates three electricity generating plants in southern
California which supply wholesale electricity to the California Power
Exchange.
14. Defendant Duke Energy North America (hereinafter "Duke Energy") is a
Houston, Texas based public corporation doing business in the state of
California as Duke Energy Trading and Marketing, LLC, a generator and trader
of wholesale electricity which is ultimately sold to California consumers,
including plaintiffs and the class, and a WSCC member. Duke Energy operates
four electricity generating plants in California which supply wholesale
electricity to the California Power Exchange.
 15. Defendants DOES 1 through 100, inclusive, are sued herein under
fictitious names because their true names are unknown to the Plaintiff.
When their true names and capacities are ascertained, Plaintiff will amend
this complaint by substituting their true names and capacities herein.
Plaintiff is informed and believe, and based thereon alleges, that each of
the fictitiously named Defendants is responsible in some manner for the
occurrences herein alleged, and thereby proximately caused injuries and
damages to Plaintiff, as herein alleged.  Further, Plaintiff is informed and
believes, and upon such information and belief alleges, that each of the
Defendants designated by a fictitious name participated in and/or benefited
from the wrongful acts, conduct, and omissions described in this complaint,
and that said acts, conduct, and omissions directly and proximately caused
injury and damages to Plaintiff and the class as alleged below.
 IV.
 CLASS ACTION ALLEGATIONS

16. Plaintiff brings this action pursuant to Section 382 of the Code of
Civil Procedure as a class action on behalf of all electricity customers,
including the retail customers of San Diego Gas & Electric Company (SDG&E),
who purchased electricity supplied through the California Power Exchange
during the period from May 22, 2000 through and including the date of trial
(hereinafter the "Class Period").  All such persons and entities have paid
and/or have been charged prices for electricity that were "unjust and
unreasonable" and that were artificially inflated due to defendants'
exercise of market power, improper use of confidential information,
manipulations, and unlawful actions.  Members of the Class are extremely
numerous and their joinder would be impracticable.  Approximately 1.2
million SDG&E customers are within the class.
17. Common issues of fact and law predominate over individual issues,
including:
-whether defendants committed unfair business practices by sharing
confidential real time data in violation of ISO Tariffs and thereafter
"gamed" the market;

-whether defendants charged "unjust and unreasonable" prices for electricity
during the Class Period or otherwise benefited from said inflated price for
electricity;

-whether defendants exercised "market power" in the California electricity
market during the Class Period;

-whether defendants received improper and excess profits which should be
refunded and paid to members of the Class.

18. Plaintiff's interests are typical of, and not antagonistic to, the
interests of the class.
19. Plaintiff has retained competent counsel experienced in class action
and consumer fraud litigation and intends to vigorously prosecute this
action.
20. A class action is superior to all other methods for the fair and
efficient adjudication of this controversy.  The size of the individual
damages is small in comparison to the complexity and scope of the
defendants' operations and alleged misconduct.  A class action is the only
method whereby plaintiff and the class can efficiently seek redress and
obtain a uniform adjudication of their claims. Plaintiff does not anticipate
any difficulty with the management of this action.
/ / /
  V.
 COMMON ALLEGATIONS OF FACT

A. The California Wholesale Electricity Markets

21. In 1996 California deregulated its electricity industry and required
the State's privately owned utility companies to divest themselves of their
generating plants.  The purpose of deregulation was to introduce competition
into the electricity markets, with the intention of reducing rates for
electrical power.  In fact, however, certain participants in this recently
deregulated industry have, in violation of their operating Tariff, taken
advantage of structural flaws in the system and improperly obtained
confidential competitor information to artificially inflate prices for
electricity, yielding themselves billions of dollars in windfall profits at
the expense of California consumers.
22. As part of the deregulation, several new entities were created to
facilitate the workings of this new market.  California's investor owned
utilities, Pacific Gas & Electric (PG&E), Southern California Edison (SCE),
and San Diego Gas & Electric (SDG&E) (the"Utilities"), now purchase
electricity for their customers from independent generators and traders,
including defendants, through a market known as the California Power
Exchange (PX).  The PX maintains a market for the purchase and sale of
wholesale electricity through a variety of forward contracts and real time
markets.  Under the California deregulatory scheme, the Utilities were,
until just recently, required to purchase power through the PX and
prohibited from independently contracting for power outside this market.
23. The deregulated market also led to the creation of the California
Independent System Operator (CAISO).  The CAISO is an "independent"
non-profit corporation, though its managing board includes representatives
from among the generators and traders, that was created to manage the flow
of electricity and ensure reliability along the long distance, high-voltage
power lines that make up the bulk of California's transmission system.
Approximately 75% of California's electricity is distributed through the
CAISO managed  "power grid".  The CAISO monitors electrical loads (i.e.,
demand) on an on-going basis and ensures that there is an adequate supply of
power to meet that demand.
/ / /
 24. The CAISO accomplishes this by maintaining a Real Time Imbalance
Market (the "Real Time Market").  When the CAISO receives bids from
suppliers that are insufficient to meet the demand for power, it must accept
any bid, which then sets the market-clearing price for that hour. Under the
single price auction system used by the CAISO, all sellers of electricity in
the Real Time Market automatically receive the market clearing price, which
is the (second) highest price paid in the market, even if they were willing
to sell and had in fact bid to sell electricity at lower prices. This
mechanism allows sophisticated market participants, such as defendants, to
game the market by withholding bids in an effort to maximize the clearing
price.
25. The Real Time Market was not designed to handle large transactions,
but merely to provide a mechanism to correct short term imbalances in supply
and demand.  Defendants nonetheless pushed a substantial portion of the
daily wholesale electricity sales into this market by under bidding capacity
to the forward market leaving wholesale customers no alternative place to
obtain the power to satisfy their retail customers' demand.
26. The CAISO also manages the Replacement Reserve Market, which is used
to balance supply and demand of electricity.  Sellers in the Replacement
Reserve Market receive a fixed premium for having available capacity.  If
called upon by the ISO to deliver energy, sellers in the Replacement Reserve
Market also receive the Real Time Market price.  Thus, if generators know
that capacity is short, they have an incentive to withhold supplies from the
spot markets and push as much as possible into the Replacement Reserve
Market.  Access to real time generating information facilitates such
"gaming" of the markets by demonstrating, in real time, available competing
supply.
27. In times of high demand, the CAISO has the authority to purchase
energy from out-of-state sources, as to which there is no operative price
cap.  The CAISO was forced to do so during the Summer of 2000.  California
generators and marketers can export electricity to surrounding markets in
order to create artificial shortages and drive up prices in the California
markets.  They can then resell that electricity to the CAISO at inflated and
uncapped prices.  As the PX Compliance Committee noted in its November 1,
2000 Report ("the PX Compliance Report"):
/ / /
 "During periods of high Out-of-Market purchases, when prices are above the
Real-Time energy price cap, in-state generators have an incentive to export
energy out of California.  Surrounding control areas can effectively park
that energy for resale to the CAISO Out-of-Market calls and return it to the
state."

Id. at p. 44.
28. Notably, the summer of 2000 witnessed an approximately 370% increase
in exports from  the California energy market, despite the very high prices
and short supplies that existed in the State.
  "Market power" is defined by the CAISO as the ability to
significantly influence market prices and cause them to vary from
competitive levels for a material period of time.  Generators and suppliers
(including defendants) can exercise market power by physically or
economically withholding electricity from the market, moving electricity out
of the California markets, and by pricing and bidding their resources in
ways that impede the efficiency of the market.

29. Notably, the California energy market consists of a relatively small
number of firms, some of which control a substantial fraction of the total
generating capacity.  The small number of suppliers facilitates the exercise
of  market power during periods of high demand, even when there is not a
true scarcity of available generating capacity.  In addition, the relatively
inelastic demand for energy further facilitates the exercise of such market
power.
B. Defendants' Improper Acts
30. Prior to May 22, 2000, the CAISO began supplying the Western Systems
Coordinating Council ("WSCC"), an organization consisting of electric
industry participants, including defendants, with real time industry data as
to electricity generating levels, known as metering data, and transmission
system flow data, known as scheduling data, pertaining to individual market
participants. Through the WSCC Internet web site, wholesale electricity
market participants, including defendants herein, were thereby given access
to real time data as to their competitors' actions, although access to such
data was forbidden by the ISO Tariff.  When requested by various
governmental entities, including the California Public Utilities Commission
("CPUC") the WSCC refused access.
/ / /
/ / /
/ / /
 31. CAISO/FERC Tariff section 10.2.6 states in relevant part;
Meter Data supplied by an ISO  metered entity shall be made available by the
ISO to the scheduling coordinator representing such ISO metered entity and
other authorized users identified in its meter services agreement, but shall
not be disclosed to any third party except as otherwise may be required by
law, FERC any local regulatory authority or other provision of this ISO
Tariff.

32. CAISO/FERC Tariff section 20.3.1 states in relevant part:

The ISO shall maintain the confidentiality of all of the documents, data and
information provided to it by any Market Participant that are treated as
confidential or commercially sensitive under Section 20.3.2; provided,
however, that the ISO need not keep confidential: (1) information that is
explicitly subject to data exchange through WEnet pursuant to Section 6 of
this ISO Tariff; (2) information that the ISO or the Market Participant
providing the information is required to disclose pursuant to this ISO
Tariff, or applicable regulatory requirements (provided that the ISO shall
comply with any applicable limits on such disclosure); or (3) information
that becomes available to the public on a non-confidential basis (other than
as a result of the ISO's breach of this ISO Tariff).

33. CAISO/FERC Tariff section 20.3.2 states in relevant part:

The following information provided to the ISO by Scheduling Coordinators
shall be treated by the ISO as confidential:

(a) individual bids for Supplemental Energy;

(b) individual Adjustment Bids for Congestion Management which are not
designated by the scheduling coordinator as available;

(c) individual bids for Ancillary Services;

(d) transactions between Scheduling Coordinators;

(e) individual Generator Outage programs unless a Generator makes a
change to its Generator Outage program which causes Congestion in the short
term (i.e. one month or less), in which case, the ISO may publish the name
of that Generator.

34. CAISO/FERC Tariff section 20.3.2 states in relevant part:

No Market Participant shall have the right hereunder to receive from the ISO
or to review any documents, data or other information of another Market
Participant to the extent such documents, data or information is to be
treated as in accordance with Section 20.3.2; provided, however, a market
Participant may receive and review any composite documents, data, and other
information that may be developed based upon such confidential documents,
data, or information, if the composite document does not disclose such
confidential data or information relating to an individual Market
Participant and provided, however, that the ISO may disclose information as
provided for in its bylaws.

 35. Part of the CAISO Tariff is the ISO Market Monitoring & Information
Protocol (MMIP).  The objective of this Protocol (MMIP) is to set forth the
workplan and rules under which the ISO will monitor the ISO markets to
identify abuses of market power.  The MMIP part of the tariff applies to all
ISO Market Participants, including Defendants.
36. MMIP Section 2.1.1. states in relevant part:
Anomalous market behavior, which is defined as behavior that departs
significantly from the normal behavior in competitive markets that do not
require continuing regulation or as behavior leading to unusual or
unexplained market outcomes.  Evidence of such behavior may be derived from
a number of circumstances, including:

MMIP 2.1.1.1  withholding of generation capacity under circumstances in
which it would normally be offered in a competitive market;

MMIP 2.1.1.2  unexplained or unusual redeclarations of availability by
Generators;

MMIP 2.1.1.3  unusual trades or transactions;

MMIP 2.1.1.4  pricing and bidding patterns that are inconsistent with
prevailing supply and demand conditions, e.g., prices and bids that appear
consistently excessive for or otherwise inconsistent with such conditions;
and

MMIP 2.1.1.5  unusual activity or circumstances relating to imports from or
exports to other markets or exchanges.

The Market Surveillance Unit shall evaluate, on an ongoing basis, whether
the continued or persistent presence of such circumstances indicates the
presence of behavior that is designed to or has the potential to distort the
operation and efficient functioning of a competitive market, e.g., the
strategic withholding and redeclaring of capacity, and whether it indicates
the presence and exercise of market power or of other unacceptable
practices.

37. MMIP Section 2.1.3 states in relevant part:

"Gaming", or taking unfair advantage of the rules and procedures set forth
in the PX or ISO Tariffs, Protocols or Activity Rules, or of transmission
constraints in periods in which exist substantial Congestion, to the
detriment of the efficiency of, and of consumers in, the ISO Markets.
"Gaming" may also include taking undue advantage of other conditions that
may affect the availability of transmission and generation capacity, such as
loop flow, facility outages, level of hydropower output or seasonal limits
on energy imports from out-of-state, or actions or behaviors that may
otherwise render the system and the ISO markets vulnerable to price
manipulation to the detriment of their efficiency.

 38. Market participants used their trade organization, the WSCC, to
share access to and use real time information, notwithstanding the fact that
its publication and use violated the  ISO's operating procedures, as set
forth in tariffs and protocols that were filed with and approved by FERC,
and by adoption made part of the contracts by  which defendants were
authorized to sell electricity to the PX.  Those tariffs and protocols
required that such data be kept confidential to prevent gaming the market
and not be used by market participants to engage in anti-competitive
behavior.
39. It has been reported in the Dow Jones Work. Com Newswire on October
19, 2000, that:
"Electricity generators may have used real-time plant activity reports from
the state's grid operator to their advantage in California's wholesale
electricity market, according to an official with the Western Systems
Coordinating Council.

 * * * * * * *

"At issue is real-time information the California Independent System
Operator provided the Western systems Coordinating Council, a governmental
[sic] organization that monitors electricity reliability in the western
U.S., about power plant activity in the state.

"The real-time information allows market participants . . . to access data
via an internet site that shows how much capacity a plant with more than 200
megawatts has online at any given moment. . . . .

"The information was intended to be used to monitor electric reliability on
the grid . . . .

"Last month, however, the ISO's attorneys alerted the WSCC that the 'data is
being used against them and to game the market,' according to Bill Commish,
director of dispatch with the WSCC.

 * * * * * *

"Commish said generators could use the information to withhold supply and
drive up power prices or to identify transmission congestion in a particular
region and use that to gouge customers.

"However, the ISO, which controls about 75% of the state's power grid and
real-time market, may have violated a FERC rule because it is required to
keep such information confidential for 90 days, an ISO attorney told the
WSCC.

"Beginning Monday, the ISO will no longer provide such information  to the
WSCC or other market participants."

 40. Starting on or about May 22, 2000, Defendants used such real time
data to exercise market power by, among other things, reducing their output,
strategically under-bidding supply to the forward markets, and exporting
electricity from the State in order to drive up the Real Time Market price
and other market prices.  As a direct result of their improper access to and
use of this information, the price of wholesale electricity spiked sharply
upwards on May 22, 2000 and has remained at artificially inflated prices
ever since.  FERC, CPUC, and CAISO Dept. of Market Analysis, have all now
concluded that market participants should be excluded from the CAISO board.
41. As noted in the North County Times on October 19, 2000:
"A case study of San Diego County's two big power plants has concluded that
they held back from full production of electricity in June, even as prices
skyrocketed and California's power manager was scrambling for supplies to
prevent blackouts.

"To the study's author . . . the low production in San Diego county is clear
evidence that the companies that generate and trade electricity in CA were
creating an artificial shortage to drive up prices.

 * * * * * *

McCullough's hour-by-hour analysis of power output for June found that the
Encina plant in Carlsbad generated 44 percent of the megawatt hours that it
could have during periods when prices were higher than the plant's cost of
production.  The South Bay power plant in Chula Vista generated 61 percent
of what would be expected under traditional economic theory.

Economists estimate it costs $45-$55 per megawatt hour to generate
electricity at the plants. The wholesale price in June averaged $120 per
megawatt hour.

A separate analysis conducted by the North County Times revealed "mysterious
cutbacks in Carlsbad during a heady market of sky-high prices."

 * * ** *

"Investigators and market analysts have documented extensive evidence that
electricity traders have waited until prices rose on California's market
this summer before they would commit their power plants to production."

"'We did see evidence of withholding in the bidding,' according to Jim
Detmers, the ISO's operations chief."

 42. In addition, defendants used such real time information about their
competitors to improperly withhold electrical supplies from the forward
markets operated by the PX in order to take advantage of the ISO's need to
balance supply and demand in the spot market and thereby benefit from the
single price auction system by obtaining the highest price paid at any given
period.  In addition, certain defendants sold or parked electricity with
affiliates in other states in order to artificially drive up prices in the
California markets.  They then sold that electricity back into the
California markets at the artificially inflated prices they had created.
These tactics forced buyers in the California wholesale electricity market
to purchase more than 30% of their electricity needs in the inflated Spot
Market, rather than the less than 5% that should be sold in that market. The
Spot Market was solely intended to satisfy last minute fluctuations in the
demand for energy.
C. Results of Defendants' Activities
43. From late May 2000 through the present, defendants' activities have
raised wholesale electricity prices to record levels, well above the rates
that would prevail in a competitive marketplace and disproportionate to the
costs of generating that electricity.  Those prices have resulted in an
approximate tripling of electricity rates in areas served by SDG&E, where
retail rates have been deregulated and represent in large part a pass
through of SDG&E's costs for such power, which it purchases from the
defendant generators and traders through the California Power Exchange.
44. As the Market Surveillance Committee ("MSC") of the CAISO concluded
in its September 6, 2000 Report ("the MSC Report"), during the months of May
and June 2000 revenues from the sale of ISO loads in the California energy
market were 37% and 182%, respectively, above the revenues that would have
been generated under competitive pricing conditions.    MSC Report at p. 2.
The MSC Report unambiguously concluded that market participants exercised a
"significant amount of  market power" in the California energy markets,
beginning as early as October 1999 and increasing dramatically during the
Class Period.  Id. at pp. 4, 15, 17.
45. The average market clearing price in California's wholesale markets
during August of 2000 was $166.24/MWh under moderate load conditions,
compared with $32.31/MWh a year earlier.  While load demand conditions in
California during August 2000 were slightly higher than in August 1999, they
were similar to those during August 1998 when prices were much lower.  Peak
demand in August 2000 was lower than in August of either of the prior two
years, negating representations by industry leaders that excessive demand
caused these price increases.  Indeed, some California electricity producers
were only running at 60% of capacity during the so-called emergency periods.

 46. These price hikes have even been effect during the middle of the
night, when electricity is abundant and demand is low.  Further, prices in
November 2000, when demand for electricity is much lower than during the
summer months, continue to be substantially in excess of the prior years'
levels and in excess of the levels that should prevail in a competitive
marketplace.
47. As a result of defendants' exercise of market power, they
artificially increased prices to record levels and have obtained huge
windfall profits.  As reported in the October 17, 2000 San Diego Union
Tribune,  analyst Anatol Feygin of JP Morgan estimated that electricity
industry profits from California for the 3 months ended September 30, 2000
could reach $6 billion, even after taking into account cost increases.
Feygin stated, "'The industry was literally at eight times the profitability
of last year . . .. that is a fortune.'"
48. Defendant Reliant has reported that its third quarter earnings will
top last year's figure by about $110 million.  Similarly, defendant Dynegy
reported an 83 percent increase in its third quarter 2000 income, as
compared to its third quarter 1999 figures.   Profits from Defendant
Dynegy's wholesale energy generating and trading division quadrupled to
$141.9 million, which represented 80 percent of Dynegy's overall profits.
"This is the most successful quarter in Dynegy's history", reported chairman
and chief executive officer, Charles 'Chuck' Watson.  Other defendants also
obtained large windfall profits during this period.
49. Prior to deregulation, the historical cost to produce a megawatt
hour of electricity in San Diego County was approximately $23-45 per MWh.
During the Summer of 2000, defendants' conduct caused the Real Time Market
price of wholesale electricity to frequently reach $750 per MWh, resulting
in an approximate tripling of SDG&E customers' bills.
50. In its Order issued on November 1, 2000, FERC concluded that
wholesale prices of electricity in California had been at "unjust and
unreasonable" levels during the Summer of 2000. CAISO and CPUC responses to
the November 1st FERC order both concluded that wholesale prices during
Summer 2000 were due to a substantial exercise of market power by generators
and traders.
 51. Plaintiffs and the class were injured by the manipulated and
inflated prices paid for wholesale electricity, including retail customers
of SDG&E since costs were fully passed through to them.  The CPUC's November
22, 2000 report to FERC concluded that the exercise of market power by
wholesale producers resulted in a $4 billion dollar overcharge for the
delivery of electricity to California during the summer of 2000.  Due to the
unlawful conduct alleged above, plaintiffs and the class paid approximately
$4 billion dollars more for electricity than they otherwise would have,
causing great hardship to numerous individuals and businesses. As
Congressman Brian Bilbray stated: "Every day that goes by you've got small
businesses bleeding to death.  People are literally dying financially from
this situation."  Work.com Newswire (10/21/00).
52. The improper sharing and use of real time wholesale electricity
generation and transmission data by defendants to withhold generation by
unplanned outages and to maintain bidding strategies which led to contrived
and artificial shortages, and other manipulative conduct, had the effect of
artificially inflating and maintaining wholesale electricity prices above
competitive prices allowing defendants to reap illegal profits amounting to
billions of dollars, at the expense of plaintiffs and the class.
 FIRST CAUSE OF ACTION
 Violation of Sections 16720 and 16726
 of the California Business and Professions Code
 Trust In Restraint of Trade or Commerce in Violation of the
Antitrust Act
 (Against All Defendants)

53. Plaintiffs reallege and incorporate by reference each and every
allegation set forth above.
54. The Cartwright Act states, at o16726, that: "Except as provided in
this chapter, every trust is unlawful, against public policy and void."  A
trust is defined at o16720 as follows:
55. "A trust is a combination of capital, skill or acts by two or more
persons for any of the following purposes:
(a) To create or carry out restrictions in trade or commerce.

(b) To limit or reduce the production, or increase the price of
merchandise or of any commodity.

(c) To prevent competition in manufacturing, making, transportation,
sale or purchase of merchandise, produce or any commodity.

(d) To fix at any standard or figure, whereby its price to the public or
consumer shall be in any manner controlled or established, any article or
commodity of merchandise, produce or commerce intended for sale, barter, use
or consumption in this State.

(e) To make or enter into or execute or carry out any contracts,
obligations, or agreements of any kind or description, by which they do all
or any or any combination of the following:

 (1) Bind themselves not to sell, dispose of or transport any article or
any commodity or any article of trade, use, merchandise, commerce or
consumption below a common standard figure, or fixed value.

(2) Agree in any manner to keep the price of such article, commodity or
transportation at a fixed or graduated figure.

(3) Establish or settle the price of any article, commodity or
transportation between them or themselves and others, so as directly or
indirectly to preclude a free and unrestricted competition among themselves,
or any purchasers or consumers in the sale or transportation of any such
article or commodity.

(4) Agree to pool, combine or directly or indirectly unite any interests
that they may have connected with the sale or transportation of any such
article or commodity, that its price might in any manner be affected."

56. Plaintiffs and the Class are empowered by the Cartwright Act o16750
to commence a private action for up to three times their damages and
equitable relief due to the injuries they have suffered and continue to
suffer as a result of defendants' violations of the Antitrust Act.  The
Cartwright Act states:
Any person who is injured in his or her business or property by reason of
anything forbidden or declared unlawful by this chapter, may sue therefore
. . . and to recover three times the damages sustained by him or her,
interest . . . and preliminary or permanent injunctive relief . . . .

57. Plaintiffs and the Class, are "persons" within the meaning of the
Antitrust Act as defined in o16702.
58. Beginning on or about May 22, 2000, the exact date being presently
unknown to Plaintiffs, Defendants embarked on a conspiracy to make available
and use confidential real time industry data as to electrical generating,
power plant capacity, utilization, and outages through the WSCC, an
organization consisting of Defendants, and others, to inflate the market
prices of wholesale electricity, in restraint of trade and commerce in
California. As a result of these efforts, Defendants engaged in acts and
entered into Agreements, which  were intended to and have in fact restrained
trade and commerce in the California Power Exchange and other electricity
markets, in violation of the Antitrust Act, which violations are continuing
to the present day.
 59. The aforesaid acts, contracts, agreements, combinations and
conspiracies in restraint of trade or commerce have consisted of continuing
agreements, undertakings and concert of action among Defendants, the
substantial terms of which were to artificially limit the supply of
electricity to the California markets.  Through these acts and Agreements,
Defendants acted to set, raise and maintain the prices of electricity on the
Real Time Imbalance Market and other markets to wholesale purchasers of
electricity, and, indirectly and ultimately, to California consumers, at
supra-competitive prices.
60. Defendants successfully set, raised and maintained supra-competitive
wholesale prices for electricity beginning on May 22, 2000, to the customers
of the California Power Exchange.
61. Such overcharges were paid by consumers of electricity, such as
Plaintiff and the Class she seeks to represent.
62. Defendants' acts, contracts, agreements, combinations and
conspiracies were intended to restrain and did, in fact, restrain trade and
commerce in California during the Class Period.
63. Defendants' unlawful restraints of trade have had and, unless
enjoined, threaten to continue to have the following anti-competitive
effects, among others:
(a) Prices charged by Defendants for electricity to wholesale
purchasers, and, ultimately, to the customers of SDG&E in California have
been and will continue to be set, raised and maintained at artificially high
and non-competitive levels;

(b) Fair and equitable price competition for the supply of electricity
and retail and wholesale price levels for electricity have been restrained
and adversely affected; and

(c) Plaintiff and other Class members have been deprived of the benefit
of free and open competition in the electricity market in California.

64. As a direct and proximate result of the violations alleged herein,
Plaintiff and members of the Class have been unable to and will continue to
be unable to purchase electricity at prices determined by free and open
competition, and Plaintiff and members of the Class have been damaged and
will continue to be damaged by their respective purchases and/or charges for
electricity at prices higher than they would have otherwise paid, absent
Defendants' unlawful conduct.
65. Plaintiff and the Class have no adequate remedy at law for their
irreparable injuries.
66. Defendants' acts, contracts, agreements, conspiracies, and
combinations in restraint of trade violate the Antitrust Act.  Accordingly,
Plaintiff and the Class seek three times their damages caused by Defendants'
violations of the Antitrust Act and a permanent injunction enjoining
Defendants' continuing violations of the Cartwright Act.
/ / /
 SECOND CAUSE OF ACTION
For Violations of the Unfair Trade Practices Act
Based Upon Violations of the Antitrust Act
(against all defendants)

67. Plaintiffs reallege and incorporate by reference each and every
allegation set forth above.
68. The Unfair Trade Practices Act prohibits all unfair competition,
which is defined as "any unlawful, unfair or fraudulent business act or
practice," and includes violations of the Cartwright Act,  oo16700 et seq.
of the B&P Code.
69. As alleged hereinabove, beginning as early as May, 2000, defendants
unlawfully conspired, agreed, arranged and combined to prevent and restrain
competition for the sale of electricity, in violation of oo 16700 et seq.
and oo 17200 et seq. of the B&P Code.
70. Pursuant to B&P Code oo 17200 et seq., Plaintiff brings this action
seeking injunctive relief to enjoin defendants' unfair trade practices and
requiring defendants' disgorgement of all monies obtained by virtue of their
violations of the Cartwright Act as described hereinabove.
71. As a direct and proximate result of the violations alleged herein,
Plaintiff and members of the Class have been unable to and will continue to
be unable to purchase electricity at prices determined by free and open
competition, and Plaintiff and members of the Class have been damaged and
will continue to be damaged by their respective purchases and/or charges for
electricity at prices higher than they would have otherwise paid, absent
defendants' unlawful conduct.
72. Plaintiff and the Class have no adequate remedy at law for their
irreparable injuries.
73. Defendants' acts, contracts, agreements, conspiracies, and
combinations in restraint of trade and free and open competition, alleged
herein, violate the Antitrust Act.  Accordingly, Plaintiff and the Class
seek restitution and disgorgement by defendants to the Class of all monies
obtained by defendants' acts of unfair competition with respect to the
contract, conspiracy, combination and trust, and a permanent injunction
enjoining defendants' continuing violations of the Cartwright Act.
/ / /
/ / /
 THIRD CAUSE OF ACTION
For Violations of the Unfair Trade Practices Act
Based Upon Defendants' Unfair Business Acts and Practices
In Charging Unjust and Unreasonable Rates
(against all defendants)

74. Plaintiffs reallege and incorporate by reference each and every
allegation set forth above.
75. Section 17200 et seq. of the California Business & Professions Code
prohibits acts of unfair competition, which include any "unlawful, unfair,
or fraudulent business act or practice and unfair, deceptive, untrue or
misleading advertising".
76. The Defendants consistently engaged in numerous acts of  "unfair
competition", as more fully described above, by inter alia, manipulating the
price of wholesale electricity in the California markets.
77. In addition, pursuant to the Federal Power Act:
"All rates and charges made, demanded, or received by any public utility for
or in connection with the transmission or sale of electric energy subject to
the jurisdiction of the Commission . . . shall be just and reasonable and
any such rate or charge that is not just and reasonable is hereby declared
to be unlawful."

16 U.S.C. Section 824d(a).

78. Defendants are public utilities within the term as used in the
foregoing statute.
79. The FERC has specifically found that the prices defendants charged
for the wholesale electricity they sold in the California markets during the
Class Period were in fact unjust and unreasonable.  The California Public
Utilities Commission has determined that said unjust and unreasonable prices
resulted from the exercise of market power by generators and traders in the
California wholesale electricity market.
80. As a result of the conduct described above, the  defendants
unlawfully acquired money and property from Plaintiff and the Class and have
been and will be unjustly enriched at the expense of Plaintiff and the
members of the Class.  Specifically, defendants have deprived Plaintiff and
the Class of billions of dollars in monies from the sale of electricity at
unjust, excessive, and manipulated prices.
/ / /
 81. Pursuant to Section 17203 of the California Business & Professions
Code, Plaintiff and the members of the class seek an order of this Court
restoring to them all money wrongfully taken from them and allowing them a
claim in the full amount of all of defendants' ill-gotten gains, so as to
restore any and all monies to Plaintiff and the members of the Class and the
general public, which were acquired and obtained by means of such unfair and
deceptive acts and practices.
82. Pursuant to Section 17203 of the California Business & Professions
Code, Plaintiff and the members of the class seek an order of this Court
providing appropriate equitable and/or injunctive relief restraining
defendants from charging unjust and unreasonable rates and from manipulating
the electricity markets.
 FOURTH CAUSE OF ACTION
 Violations of the Consumers Legal Remedies Act
 (Against All Defendants)

83. Plaintiffs reallege and incorporate by reference each and every
allegation set forth above.
84. Such acts and practices by defendants violate the Consumer Legal
Remedies Act, Civil Code Section 1750, et seq.  Defendants' acts warrant
appropriate injunctive and declaratory relief, including an injunction
restraining them from charging unjust and unfair rates or manipulating the
market for electricity.
FIFTH CAUSE OF ACTION
Unconscionability
(Against All Defendants)

85. Plaintiffs reallege and incorporate by reference each and every
allegation set forth above.
86. Defendants charged rates for wholesale electricity that were
unconscionable given their cost of production, the newly emergent markets
for that product, and the consumers' need for electrical power.
87. Defendants' rates were  inherently  excessive, invalid and
unconscionable, particularly in light of the deceptive and manipulative
practices they used to inflate the market prices and the vital need
consumers and businesses have for electrical power.
/ / /
 88. Defendants' unconscionable prices were passed through to Plaintiff
and the majority of the Class in the retail electricity rates charged by
SDG&E and thereby directly damaged Plaintiff and the Class.
 VI.
 PRAYER FOR RELIEF

WHEREFORE, Plaintiff and the Class pray for judgment against defendants as
follows:
(a) That the Court determine that this action may be maintained as a
class action and direct that reasonable  notice of this action be given to
the members of the Class;
(b) That the combination, contract, arrangement, agreement, conspiracy
and trust alleged herein be adjudged and decreed to be an unreasonable
restraint of trade in violation of Sections 16720 and 16726 of the
California Business and Professions Code;
(c) That damages be granted according to proof, and that Plaintiff and
the Class be awarded treble damages or statutory damages, where applicable,
attorneys' fees, costs and disbursements;
(d) That Plaintiff and the Class be awarded pre- and post-judgment
interest;
(e) That the Court enter appropriate injunctive and other equitable
relief, including the disgorgement of defendants' unlawful profits; and
(f) That Plaintiff and the Class have such other and further relief as
the Court may deem just and proper under the circumstances.
Dated: November 27,  2000     KRAUSE &
KALFAYAN

_______________________________
James C. Krause, Esq.
Ralph B. Kalfayan, Esq.
Patrick N. Keegan, Esq.
Stephen W. Poirier, Esq.
Attorneys for Plaintiff

OF COUNSEL:
David B. Zlotnick, Esq., SBN 195607
Attorney at Law
1010 Second Avenue, Suite 1750
San Diego, CA 92101
Tel: (619) 232-0331
Fax: (619) 2

-----Original Message-----
From: Mark.Palmer@enron.com [mailto:Mark.Palmer@enron.com]
Sent: Wednesday, November 29, 2000 8:44 AM
To: Leopold, Jason
Subject: Re: FW: ANNOUNCEMENT: Notice of Press Conference today

Got the announcement.  Can you forward the complaint (suit) as an
attachment?

Mark


CALENDAR ENTRY:	APPOINTMENT

Description:
	Conference 4102 to discuss Strangers Payment Report Calculations

Date:		8/24/2000
Time:		9:30 AM - 10:00 AM (Central Standard Time)

Chairperson:	Outlook Migration Team

Detailed Description:


I am on vacation during the week of Oct. 9.  Sara

	Brent Hendry@ENRON
	09/13/2000 04:28 PM

		 To: Mark Taylor/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, Mary
Cook/HOU/ECT@ECT, Robert Bruce/NA/Enron@Enron, Tana Jones/HOU/ECT@ECT, Susan
Bailey/HOU/ECT@ECT, Samantha Boyd/NA/Enron@Enron, Stephanie
Panus/NA/Enron@Enron, Becky Tlucek/HOU/ECT@ECT, Taffy Milligan/HOU/ECT@ECT
		 cc:
		 Subject: Vacation etc.

I will be coming into the office late tomorrow morning, I will be waiting for
a second phone line to be installed.  I will be working on some weather deals
from home.  I will be available at my home number if anyone needs to reach
me.  My number is 281 866 8797, my cell number is 832 368 3286.

I would like to take the following Wednesdays as vacation days if it does not
cause a conflict in staffing:  September 27, October 11, October 25 and
November 8.   I would also like to take December 27 through 29 as vacation
days.  Please let me know if this will be problem.


Hello, I changed this deal to the correct counterparty.

Thanks,
Melissa
---------------------- Forwarded by Melissa Ann Murphy/HOU/ECT on 11/10/2000
07:37 AM ---------------------------

Melissa Ann Murphy
11/09/2000 08:43 AM
To: Kate Symes/PDX/ECT@ECT
cc: Carla Hoffman/PDX/ECT@ECT
Subject: rebook deal 450052

Hi, please change deal # 450052 from Transcanada Power Marketing Ltd to
Transcanada Power, a division of Transcanada Energy Ltd.  All west trades
should be under Transcanada Power,  a division of Transcanada Energy Ltd.

Thanks,
Melissa Murphy
(713) 853-1886
---------------------- Forwarded by Melissa Ann Murphy/HOU/ECT on 11/09/2000
07:40 AM ---------------------------
   Veronica Gonzalez                11/08/2000 05:23 PM

To: Kim S Theriot/HOU/ECT@ECT, Melissa Ann Murphy/HOU/ECT@ECT, Rhonda L
Denton/HOU/ECT@ECT
cc: Tom Moran/HOU/ECT@ECT
Subject: rebook deal 450052

Please rebook deal # 450052 from Transcanada Power Marketing Ltd. to
Transcanada Power Canada, division of Transcanada Energy, Ltd.
This is a West Deal - Delivery Point - Mid Columbia.

Thank you,
Veronica


We have set up a conference call for today's meeting for those of you
interested in calling in.
It is 1-800-486-2460
The pass code is
120895
Thanks!

Katie Kaplan
Manager of State Policy Affairs
Independent Energy Producers Association
(916) 448-9499

-----Original Message-----
From: Julee Malinowski-Ball [mailto:jmball@ns.net]
Sent: Thursday, March 15, 2001 3:26 PM
To: Susan McCabe; Scott Govenar; Ron Tom; Robert Ross; Rina Venturini; Phil
Isenberg; Mike Monagan; Maureen OHaren; Marie Moretti; Kassandra Gough;
Jamie Parker; Hedy Govenar; DJ Smith; Delany Hunter; Chuck Cole; Bev Hansen;
Anne Kelly; Fred Pownall; Mark Nobili
Cc: Jean Munoz; Greg Blue; Jack Pigott; Jeff Dasovich; Joe Ronan; John
Stout; Kassandra Gough; kent Palmerton; Larrea, John; Lynn Lednicky; Paula
Soos; Richard Hyde; Roger Pelote; Sandi McCubbin; Stephanie Newell; Steve
Ponder; Sue Mara; Jan Smutny Jones; Steven Kelley; Katie Kaplan; Chris
Ellison; Doug Kerner; Andy Brown; Nam Nguyen
Subject: Action Items from Today's Lobbyist Call

ACTION ITEMS from today's IEP member company lobbyist conference call:

AB 60x (Hertzberg)
- Calpine will attempt to get a meeting with the Speaker on Monday regarding
his interest in other "California First" avenues, and report the results to
IEP.

- In anticipation of using Plan B, there will be a drafting meeting on
Friday (3/16) at 11am in IEP's office to fine-tune the current IEP proposed
amendments (attached).

- All available lobbyists will push the Speaker's office to hold off on
moving the bill until IEP has had an opportunity to present language.

- E+M will schedule a follow-up conference call on this issue early in the
week.

- IEP will explore the possibility of an editorial campaign regarding the
poor direction of this "California First" issue, tying it to long-term
contracting.

SB 6x (Burton)
- Review IEP proposed amendments to soften the eminent domain language
(attached).

- All available lobbyists will make contact with the Pro tem's office to
support the IEP amendments.

AB 8x (Migden)
- Review IEP comments that mitigate the EOB's authority in the coordinate of
operation and maintenance scheduling (attached).

- All available lobbyists will make contact with Assembly Member Migden's
office to support a stakeholder meeting taking place, because IEP would like
to make this bill work.

SB 39x (Speier)
- IEP will explore the possibility of including in its PR efforts on
maintenance and outages, the IOU- and labor-run nuclear facility being down
for an extended period of time.

PLEASE SHARE ANY INFORMATION YOU GET WITH ME FROM YOUR CONTACT WITH ANY OF
THE ABOVE-NAMED MEMER'S OFFICES.

THANKS.

> Julee Malinowski-Ball
> Senior Associate
> Edson + Modisette
> 916-552-7070
> FAX-552-7075
> jmball@ns.net
>
>


Kim, here is your draft for Noresco. Call me if you have any questions. I realize the name is wrong on the file I will change this, it is correct in the contract.

 dp

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


John, I need your 2000 accomplishment and Enron resume/deal anthology before
Friday.

Thanks
Dave


John,

I appreciated your help.  I'm glad we got to do a real deal, even if it was a
strange one.  More to come!

I'll check on the sitter, but dinner on the 2nd sounds great.

Kay

"Keffer, John" <JKeffer@KSLAW.com> on 01/18/2001 03:54:44 PM
To: "C. Kay Mann (E-mail)" <Kay.Mann@enron.com>
cc:

Subject: Dinner

Kay-thanks again for the opportunity to work with ENA on the InterGEn deal-I
hope you were satisfied with us.

Could you and Neil come to our house for dinner on Feb. 2?

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


This wasn't on my calendar - were you aware?

 -----Original Message-----
From: 	Boyd, Samantha
Sent:	Friday, October 05, 2001 9:07 AM
To:	Bailey, Susan; Cook, Mary; Gray, Barbara N.; Heard, Marie; Hendry, Brent; Jones, Tana; Koehler, Anne C.; Leite, Francisco Pinto; Nelson, Cheryl; Panus, Stephanie; Sayre, Frank; Shackleton, Sara; St. Clair, Carol; Taylor, Mark E (Legal)
Cc:	Farrell, Keegan
Subject:	Whereabouts

I will be leaving the office today at 2:00 and will be out of the office on Monday.  I will return on Tuesday.

Samantha M. Boyd
Senior Legal Specialist
Enron Wholesale Services
1400 Smith Street, EB3803
Houston, Texas 77002
Ph:  (713) 853-9188
Fax:  (713) 646-3490


As promised, these are my section notes from Saturday.  Note, there are
always some ad-libbed parts, and comments and questions from students
that are not in these notes.

I've attached the file as a Word97 file.  If you have problems reading
this or importing it, let me know.  I also plan to have prof. Levine
post it on the class web site.

Bhash
 - Section one notes.doc


It's at the Breakroom on Capitol Hill.  Ahhh yes, Racheal, I showed up with
a couple of friends and she wasn't there.  At about 7:30 Nancy came up to me
with one of the "Bretts" and said that Racheal got caught up in a Job for
Costco....whatever...

Erica is in town for her sisters wedding.  She might come to the Brad show
if she can make it.
========================================

From: [SMTP:Bill.Williams.III@ENRON.com]
To: MS Exchange::[SMTP:craig@stollerinc.com]

Subject: RE: brad
Date: 8/24/01 3:47 PM

Sweet.
Thanks for the call last night...Brad should be awesome.
Where is it at?
Let me know how your "evening" with Rachel goes.

Bill

-----Original Message-----
From: Craig Stoller [mailto:craig@stollerinc.com]
Sent: Friday, August 24, 2001 3:14 PM
To: Williams III, Bill
Subject: brad

Ok, I got you a ticket for Sep. 1 that is a Sat.  show starts and 9:00.

Craig

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


Um, glad I passed the history/general knowledge test on my life! Now it's
your turn! I heard you had a good weekend, lots of tequila drinking etc. I
didn't do much, managed to get quite drunk on Saturday and feel rough for
most of Sunday - now there's a change!

>From: Gerald.Nemec@enron.com
>To: sophiedavenport@hotmail.com
>Subject: Re: Hello!
>Date: Thu, 2 Nov 2000 15:49:07 -0600
>
>
>I actually knew all of that information!  I was just checking your story to
>make sure it was consistent with what you told me that night.  Everything
>seems to be in order.  Good!
>
>
>
>
>
>                     "Sophie Davenport"
>                     <sophiedavenport@ho        To:
>Gerald.Nemec@enron.com
>                     tmail.com>                 cc:
>                                                Subject:     Re: Hello!
>                     11/01/2000 07:10 PM
>
>
>
>
>
>
>Okay, brief resume of my life to date if you like:
>
>Born, grew up, (in England), am currently studying at Nottingham University
>(E. Midlands of England) although that's not strictly true as I'm here in
>Texas studying at UT Law School as part of an exchange scheme. I go back in
>June or whenever and finish my degree so will finally graduate in June
>2002.
>(Fingers crossed). Other than that I don't do much else but eat, drink and
>be merry. Actually I play the viola (and sing a bit) and that took over my
>life back home but here I'm doing more of the drinking part of things -
>more
>wine than beer though it has to be said - also better for you - well,
>almost!
>So there you go - does that bring back any memories?!
>Hope you're having a fun week, happy halloween for yesterday - though I'm
>not sure how fanatical people are about it in Houston - they certainly seem
>to go all out for making a big deal of it here!
>Sophie.
>_________________________________________________________________________
>Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com.
>
>Share information about yourself, create your own public profile at
>http://profiles.msn.com.
>
>
>
>

_________________________________________________________________________
Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com.

Share information about yourself, create your own public profile at
http://profiles.msn.com.


I know we don't do the bbq, but I would think about this...
---------------------- Forwarded by Kay Mann/Corp/Enron on 02/04/2001 04:50
PM ---------------------------

lee.johnson@ss.ps.ge.com on 02/02/2001 01:31:44 PM
To: ben.f.jacoby@enron.com, mike.coleman@enron.com
cc: bruce.golden@enron.com, chris.booth@enron.com, kay.mann@enron.com

Subject: Rodeo BBQ invitation

Ben/Mike,

Please share this invite with the rest of the team that's been supporting
the N. America business with LM6000s and other GE Power Systems products.
I'll be there both nights.  Just have your folks just respond by e-mail so I
can get you the passes and tickets.

Thanks again for all your business,

Lee Johnson
713-803-0952

 <<BBQinvite_Enron.doc>>

 - BBQinvite_Enron.doc


---------------------- Forwarded by Steven J Kean/HOU/EES on 09/06/99 02:06
PM ---------------------------

EIS Billing@ENRON
09/03/99 02:43 PM

To:	Steven J Kean/HOU/EES@EES
cc:

Subject:	Monthly Billing - Detail Class 845 / s100061.xls

SAP Impact:
File names have changed from "b" + company + rc for MSA booking to "s" + cost
center for SAP.  Other changes have also been implemented.  Please send a
Notes mail to "Bill Myers" if you notice any problems, particularly if you
think that they might be conversion or program related.  (I already know
about the company description for the MSA spreadsheets where companies are
rebooked to themselves).

Attached  are spreadsheets with the detail supporting the expenses for
telephones, data ports, EDI, Enterprise LAN, Enterprise Help Desk, video
conferencing, Internet access, email, and other services provided to Enron
business units by Enron Information Services.  These expenses are posted in
MSA Detail Class 845.

EIS billings for items attached to the room, such as phones and data ports,
and people specific services for contractors, such as LAN ID's and AT&T
calling cards, are billed to the same company and cost center as room rent in
EB or 3AC.  For Omaha, EIS uses a phone database maintained by Tammy Anderson
for this purpose.

People specific services for employees are billed to the company and cost
center corresponding to the employee's HR company and department. Video
conference usage, data circuits, Ardmore usage, EDI, and web site billings
are based on a company and cost center furnished by the person requesting the
service.

EIS bills services on a one month lag.  We take a snapshot of the Corporate
Administrative Services rent file for each room in EB and 3AC, of the Omaha
phone database for each room in Omaha, and of the HR company and department
for each employee.  This snapshot is taken at the end of each month for use
as a source for billing information.

Please examine these billings for accuracy.  If our billings are incorrect,
generally speaking either the rent should be corrected by contacting
Corporate Administrative Services or the person should be moved to the
correct HR department by contacting your HR representative.  If the room
number is incorrect on the phone or long distance billings, this may be
corrected by sending the room number along with the telephone number to Notes
Mail ID "Move-Team".

If you wish to move EIS charges after to a different company and/or
department after billings have been processed or if you wish to discuss an
alternative to using your HR department for people specific billings, please
send a message to Notes Mail ID "EIS Billing".


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 03/09/2001
03:24 PM ---------------------------

Barbara Ostdiek <ostdiek@rice.edu> on 03/08/2001 05:04:29 PM
To: Vince.J.Kaminski@enron.com
cc:
Subject: Karolyi Visit

Vince:

We are having some scheduling conflicts for Andrew visit this coming
Monday.  As the schedule currently, his seminar will be at 1:00 pm in the
Dean's Conference Room.  I realize that this is not the best time for you
and I apologize for any inconvenience.  We may also need to use the same
time slot for Philippe's visit on the 19th.

We plan to meet somewhere in the Village for an informal reception at 5:30
Monday afternoon.  I will let you know the specifics on that once I have
figured them out!  From there you, George, Dave, and Jeff are scheduled to
go to dinner with Andrew around 7:00 pm.  You may join in for cocktails or
meet up with the other group for dinner - your choice.  Dave or Jeff will
let you know the dinner plan.

Please let me know if you have any questions.

I have attached PDF files with the papers for both Andrew and Philippe's
seminars.

You can get to Andrew's vitae through this link
http://fisher.osu.edu/fin/faculty/karolyi/resume.htm and Philippe's vitae
through this link http://www.gsm.uci.edu/~jorion/resume.pdf .

Thank you.

bbo

 - Draft0900.PDF
 - info.pdf
---------------------------------------------------------------------------

Barbara Ostdiek
Assistant Professor of Finance
Jones Graduate School of Management
Rice University
6100 Main Street - MS 531
Houston, TX 77005-1892

713-348-5384 (voice)
713-348-5251 (fax)
ostdiek@rice.edu
www.ruf.rice.edu/~ostdiek/


Dear Board members,
    Attached please find the draft agenda for the upcoming Board meeting on
March 2.  It is Adobe Acrobat .pdf format, and can be opened and read with
Adobe Acrobat's free reader.  The materials for the meeting will follow
shortly.  This announcement and agenda will also be faxed to your offices and
posted on our home page.  Please call if you have any questions. Best
Regards, Rae McQuade

 - am000302.PDF


Peter/Kay,

Attached is revised ESA Facility Agreement.  This includes the Optional
Electric Output Guarantee for the Brazil site conditions.  Since the spread
between the 8 unit average guarantee and the single unit is greater than in
the base contract the LD sample calc needed some work, which I took care of.

Kay/Kent,

I also took a swipe at the 17.4 Termination language rework. See if I what I
came up with works...if so, we can use on all other Facility Agreements.

I've added John Ayres to distribution.  John and I will be reviewing the
contract Monday AM at 8:30 in his office.  Kay, it would be good if you
could join us ...as we're in the home stretch.  Also, can you send Peter the
remaining Exhibits he requested (B-1 and H-2).

thanks,

Lee

-----Original Message-----
From: Thompson, Peter J. [mailto:peterthompson@akllp.com]
Sent: Friday, December 08, 2000 10:22 AM
To: Kay Mann (E-mail)
Cc: Lee. Johnson (E-mail); Kent. Shoemaker (E-mail); Cheryl. Lipshutz
(E-mail); Roseann Engeldorf (E-mail); Brett. R. Wiggs (E-mail); Ben.
Jacoby (E-mail); Pipitone, Paul; Taylor, Rob; Cobb, Chris
Subject: Enron South America Break-Out Agreement

    Attached please find a clean and blackline of the latest draft of
the Enron South America Break-Out Agreement.  The only changes made to
this version is the addition of today's date and the 72/25 split of
Change Order 3 in Section 6.2.  We are still missing the Agreement
Reference in section 6.7.1.  We haven't made any changes to the exhibits
since the last time they were circulated.  I will pull them out of our
Houston database and circulate them shortly.
 <<Enron South America Turbine Agreement (version 4 to 5).DOC>>  <<ESA
Break-out Agreement Draft of 12/8/00.DOC>>

 - Enron South America Turbine Agreement (version 4 to 5)_GEredline120900.DOC


----- Forwarded by Sara Shackleton/HOU/ECT on 09/25/2000 05:56 PM -----

	Stephanie Panus@ENRON
	09/25/2000 05:49 PM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: Sara's comments

---------------------- Forwarded by Stephanie Panus/NA/Enron on 09/25/2000
05:49 PM ---------------------------

Stephanie Panus
09/25/2000 05:46 PM
To: Tanya Rohauer/HOU/ECT@ECT
cc:

Subject: Sara's comments

Tanya -

Per Sara's request, following is the language she requests for Optional
Termination:

Either party may, upon    ( ) days written notice to the other Party,
terminate this Transaction by designating to such other Party the termination
date for this Transaction.  In the event a Party exercises its right of
optional termination hereunder, the provisions of Section 6(e)(ii)(2)(B)
shall apply to this Transaction for purposes of establishing a settlement
amount.


Attached are two files that we will use to discuss the PCA Mechanism for the
first nine months of 2001 and  the period October 1 2001 through December 31,
2002.

Please print out the first 5 tabs in the excel spreadsheet and the entire
power point presentation.  Look forward to talking with you at 4:00 Central
time.

Thanks


1/00 Plan Allocations for RC 1497 - Farmer:

15%  Gas Network Services
84% Gas Network Trading
1%   Gas Network Development -->  Time spent on Project Sally was primarily
determining the estimated number of employees required to perform the
Trading Support functions and reading the deal memorandum.

Daren


-----Original Message-----
From: 	Slinger, Ryan
Sent:	Saturday, October 27, 2001 5:45 PM
To:	Mier, Michael
Subject:	websites

http://oasis.caiso.com/

http://dotect.ect.enron.com/genstat/epe/status/

https://iso_si/iso/

http://www.ets.oatiinc.com/

file:///W|/ISO_SI/ISOLOCATION.HTML

http://www.tsin.com/nodes/wscc.html


Here are some photos Janice Wrhel sent.
----- Original Message -----
From: <elnino52@concentric.net>
To: <diane@gcvideo.com>
Sent: Saturday, November 04, 2000 12:10 PM
Subject: Photo from Janice Wrhel

>
> This PhotoMailc link has been e-mailed to you from Janice  Wrhel
compliments of PhotoWorks.com.  To view the photo(s), please click on the
link below.
> http://photomail.photoworks.com/sharing/roll.asp?Key=6865618815200002
> ________________________________________________________________________
> If your e-mail program does not support hyperlinks, simply copy and paste
the link into your browser. If you have any comments or questions please
contact us at info@PhotoWorks.com, or call us toll free at 1-800-PhotoWorks.
>
>
>
 - Photo.url


Vince,

Pierre has informed me that (if you can so co-ordinate with Alison Bailey)
you would like to move the recruiting event on campus for Comp Finance to
Nov 3 in order to co-ordinate with Pierre's invitation to speak in the MSCF
Speaker Series the same day.  I contacted our recruiting center about
availability on that date and have forwarded below his response.  Let me
know how else I can help and, again, thanks for your kind words about the
program and you obvious interest in meeting with us.

Rick

Richard L. Bryant
Director, Computational Finance Program
Carnegie Mellon University
Graduate School of Industrial Administration
Pittsburgh, PA 15213
Phone/Fax (412) 268-4592/(412) 268-6837
http://fastweb.gsia.cmu.edu/MSCF

----- Original Message -----
From: "Ken Keeley" <kk4p@andrew.cmu.edu>
To: "Rick Bryant" <rlbryant@andrew.cmu.edu>
Cc: "Sally E Gould" <sgould@andrew.cmu.edu>
Sent: Thursday, August 03, 2000 1:32 PM
Subject: Re: Fw: MSCF Speaker Series

Enron currently has 8 interview rooms scheduled on December 11, 2000... As
we have 10 interview rooms available to us and as on 11/3 we currently have
nine rooms booked, if Enron wants to move all 8 schedules to 11/3, we
probably will not be able to host them on-campus unless [the firm currently
holding the rooms] moves off (and there is a possibility of that - this is
like a game of dominos).  However, Enron could interview off campus, but
that is not as convenient for the students and it increases the cost for the
employer.  If Enron wants to move only one or two schedules to 11/3 for just
Comp Finance, we would find a way to accomodate them.  Our Recruiting
Coordinator, Sally Gould, will do everything she can to make this work for
Enron.  Please suggest that Enron re-contact her as soon as they know what
their preferences are.  Alison knows how to reach her.

> Ken Keeley, Ph.D.
> Director, Career Opportunities Center
> Graduate School of Industrial Administration
> Carnegie Mellon University
> Tel: 412-268-3092
> Fax: 412-268-4146
>


Jeff,

I hope all is well with you.

Sorry I missed you in NY a couple of weeks ago. I'd love to catch up with
you. Looks and sounds like you are still doing terrific things, and I use
you and Enron a great deal in conveying my message to investors and
managers.

Al Rappaport and I have completed our book, Expectations Investing, which
will be published by Harvard Business School Press in September. (See
attached preface). I'm really excited about the product, and I think you'll
find it interesting as well.

Al and I have asked the publisher to send you a more recent version for your
review. You'll probably get it in the next week or so.

Specifically, we'd be honored if you would endorse our book. The endorsers
we are targeting are a blue chip group, and we feel your perspective would
add a great deal.

Thanks in advance, and feel free to give me a shout if you have any
questions.

Michael

Michael J. Mauboussin
Chief US Investment Strategist
Credit Suisse First Boston
T: (212) 325-3108
F: (212) 325-8197

This message is for the named person's use only.  It may contain
confidential, proprietary or legally privileged information.  No
confidentiality or privilege is waived or lost by any mistransmission.
If you receive this message in error, please immediately delete it and all
copies of it from your system, destroy any hard copies of it and notify the
sender.  You must not, directly or indirectly, use, disclose, distribute,
print, or copy any part of this message if you are not the intended
recipient. CREDIT SUISSE GROUP and each of its subsidiaries each reserve
the right to monitor all e-mail communications through its networks.  Any
views expressed in this message are those of the individual sender, except
where the message states otherwise and the sender is authorised to state
them to be the views of any such entity.
Unless otherwise stated, any pricing information given in this message is
indicative only, is subject to change and does not constitute an offer to
deal at any price quoted.
Any reference to the terms of executed transactions should be treated as
preliminary only and subject to our formal written confirmation.


JSS, which is at http://www.jstatsoft.org, publishes statistical software
with manuals, as well as papers describing, comparing, and evaluating
statistical
software. Abstracts of all contributions accepted in JSS are published in
printed form in JCGS.

Although we publish software written in any language, we especially
welcome software written in R. The general idea is that packages written
in R can be documented in both "R News" and in JSS, but that generally
the
description in JSS will be more extensive and more seriously
peer-reviewed.
Everybody in the R community is encouraged to submit their R products
to JSS, we even welcome "code snippet" type of contributions (which will
go into a separate section of the journal).

Volume 7, 2002, consists so far of the following three issues

issue 1:
S. Weisberg
Dimension reduction regression in R.

issue 2:
A. Zeileis, F. Leisch, and K. Hornik
strucchange: an R package for testing for structural change
in linear regression models

issue 3:
G. Marsaglia and W.W. Tsang
Some difficult-to-pass tests of randomness.

===
Jan de Leeuw; Professor and Chair, UCLA Department of Statistics;
US mail: 9432 Boelter Hall, Box 951554, Los Angeles, CA 90095-1554
phone (310)-825-9550;  fax (310)-206-5658;  email: deleeuw@stat.ucla.edu
homepage: http://www.stat.ucla.edu/~deleeuw
========================================================
           No matter where you go, there you are. --- Buckaroo Banzai
                    http://www.stat.ucla.edu/~deleeuw/sounds/nomatter.au
========================================================

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r-announce mailing list -- Read http://www.ci.tuwien.ac.at/~hornik/R/R-FAQ.html
Send "info", "help", or "[un]subscribe"
(in the "body", not the subject !)  To: r-announce-request@stat.math.ethz.ch
_._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._


Please find attached a complete document list relating to the Alberta prepay
transaction with RBC and TD Bank, with the current status of each document
listed.  Where the status is listed as "Complete", that means that I have
received a fully executed copy of that document.  I believe that Joe Hunter
has sent out to the counterparties all of the confirms, which have been
executed by Enron Canada or Enron North America, as applicable, but, other
than the one confirm relating to the RBC commodity swap, he has not yet
received any of the confirms back from RBC, TD or Chase.

Thanks

Greg Johnston


11/30 works for me.  See you both then.

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

	Mary Cook
	11/17/00 08:28 AM

		 To: Carol St Clair/HOU/ECT@ECT
		 cc: Sara Shackleton/HOU/ECT@ECT
		 Subject: Re: Lunch

11/30 looks ok to me.  Let  me know.  Mary

Enron North America Corp.
Mary Cook
1400 Smith, 38th Floor, Legal
Houston, Texas   77002-7361
(713) 345-7732 (phone)
(713) 646-3490 (fax)
mary.cook@enron.com

	Carol St Clair
	11/16/2000 11:22 AM

		 To: Mary Cook/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: Lunch

Mary and Sara:
Sorry that I had to cancel our lunch.  Here are some post-Thanksgiving dates
that work for me:
Monday, 11/27, Tuesday, 11/28, Thursday, 11/30, Monday, 12/4, Friday, 12/8.

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


The second phase of reconstruction on IH 45 between W. Dallas and Memorial
will begin Saturday, November 11, 2000, all northbound lanes will be closed
at 7 PM.  All northbound traffic will detour to US 59 North to IH-610 Loop.
Two northbound lanes will reopen Monday, November 13, 2000, at 5 AM.

  The Houston Avenue / Memorial Avenue exit and the entrance from Pease,
  St. Joseph's Parkway, and Walker  will be closed until further notice.
Anyone
  typically using these routes must find an alternate route.

The following routes are recommended by the Texas Department of Transportation

New Ramp Chartres at Runnels to IH 10 West

Louisiana North to IH 10 West on ramp

Allen Parkway to Studemont or Waugh to IH 10

West Gray to Montrose North (Studemont) to IH 10

Bagby (W. Dallas) to Montrose North (Studemont) to IH 10

San Jacinto to IH 10 East

North on main to IH 45

Travis to IH 45

The Downtown District is updating it's web site with detailed road closure
maps and suggested alternate routes.  This information is available at
http://www.downtownstreets.com. Please check this site regularly for updates
on street closures.


Francis - It is extremely important that I meet with you tomorrow to discuss
some changes that need to be made to this report ASAP.  Please let me know
when you are free to meet.

Thanks,
Susan
x3-1242


Good Afternoon Sara,

I wanted to document our discussion this afternoon regarding the Early
Termination Letter for our Deal No. M368796 that settled on 2/2/01, with the
Bank of Montreal. You stated that the Master ISDA Agreement states that the
valuation method for early termination should be the process of obtaining
Market Quotations from Reference Market Makers. This Early Termination Letter
reflects that BMO determined the value through its ordinary valuation methods
instead. This was agreed upon by, the trader, Ellen Su. Therefore, you
provided your approval for us to execute this letter. Please respond with
your agreement for our files.

Many Thanks,

Jorge A. Garcia
Manager- Risk Management
Enron Global Markets LLC
713/853-5596


Hello,

By now everyone should have received a copy of the Evening MBA News in your
student mailboxes.

Well, thanks to modern technology, it is now available on the web as well.
So if you forgot your copy and you wanted to show your co-workers or felt
the urge to read it at work, just pull up
http://www.haas.berkeley.edu/EvMBA/ and click on "Evening MBA News."  You
can even print it out and give yourself an extra copy!

Seung Lee
Haas School of Business
Evening MBA Program


All,

Attached please find  my memo updating you on recent developments in NYISO technical  committees.

Scott

 - NY Update 2001-10-29.pdf


Hey!  Yes, put in one more call.  Ann is a nut, but she sounds like
you really should call.  No plans for Estes for  a while.  We are
trying to save money and the plans for the house in Estes are still
in the works.  Hope all is well!
--
Sharon Snyder
ssnyder@shelton.org


He called me today and confirmed he will come.  Thanks for your help.

From: Jeff Dasovich@ENRON on 11/15/2000 07:33 PM CST
Sent by: Jeff Dasovich@ENRON
To: Robert Hemstock/CAL/ECT@ECT
cc:
Subject: Re: Keynote Speaker: IPPSA 7th Annual Conference

Left a message with the good doctor.  Will let you know just as soon as I
hear.

Best,
Jeff

	Robert Hemstock@ECT
	11/15/2000 04:23 PM

		 To: Jeff Dasovich/NA/Enron@Enron
		 cc:
		 Subject: Keynote Speaker: IPPSA 7th Annual Conference

---------------------- Forwarded by Robert Hemstock/CAL/ECT on 11/15/2000
03:22 PM ---------------------------

	From:  Robert Hemstock                           11/09/2000 01:04 PM

To: rmichaels@fullerton.edu
cc:
Subject: Keynote Speaker: IPPSA 7th Annual Conference

Professor Michaels,

Further to the voicemail message I left for you today regarding speaking
early next year at the IPPSA Conference in Banff, Alberta the details are:

Topic: The California Experience - Lessons that Alberta Can Learn From (or
something like this title - although I was unable to open the presentation on
your website entitled" "California's Electrical Disaster and the Furture of
Competitive Power" I would expect based on this title that much of what is in
that presentation would be of interest to those attending the IPPSA
Conference.

Date: Monday March 19, 2001 13:00 - 13:30 (Conference is 2 full days - March
19-20, 2001)

Reimbursements: Travel (economy class) and one night at Rimrock Hotel.  Also
free conference registration (which includes meals during conference).

Deadline for presentation materials so they can be included in the conference
binder: February 28, 2001

Conference Information: the conference is held at the Rimrock Hotel in Banff,
Alberta and has been sold out the last three years.  It will attract about
400 delegates in 2001 from across Canada and the U.S. with the majority of
the delegates being generation developers, large consumers, marketers, and
policy makers from Western Canada. The speakers include a number of respected
academics/consultants from across North America, senior industry
representatives, senior government representatives, and senior
representatives from the Alberta Transmission Administrator and Power Pool of
Alberta.

I look forward to your reply.  My telephone number is (403) 974-6746.

Regards,

Rob Hemstock


Mary,

By the way, thanks very much for sharing your efforts with us. My comments
about
the "dark side" notwithstanding, it's nice to have an older sibling from whom
you can benefit.

As you may have seen, Steve did get the e-mail.

Paul Puchot
Senior Counsel
Enron Broadband Services
Desk: 713-345-4707
Fax:713-646-3092


Samuel,

I need the following people set up as a trader on all book in the SVCE Portfolio.  Please let me know if you have any questions.

JUAN 	HERNANDEZ
MIGUEL	GARCIA
MAURICIO 	TREJO
JAY	BLAINE
BRANT 	REVES
DAVID	MASKELL
MICHAEL 	SEELY
DON 	BAUGHMAN
DEAN 	LAURENT
JOE 	ERRIGO
DUSTIN 	COLLINS
ANDREW 	GREER
PUNIT	RAWAL
CARRIE 	LARKWORTHY
LAUREL 	BOLT

Thanks,
Laurel


I have an am dr appt.  Fine with me if you carry on and give me an assignment. Otherwise, it woukd nedd to be early or after 100.
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)


Stacey-

As per my earlier voice mail messages, I needed to confirm what the actual
flow of gas was on PG&E for February 24th.  The Service Summary Report from
PG&E indicated a flow of 50,000 mmbtus on the 24th, however, the Swamp Rat
Fuel Allocations (HPL) indicates a flow of 53,000 mmbtus.  Can you ask PG&E
to confirm which of these volume is correct so that the February allocations
can be finalized?  Please let me know if there is any additional information
I need to provide you.

Thanks for your help-

Katherine


Attached

 - IN98-2.doc


Dear OnePass Elite Member,

Continental Airlines is pleased to advise you that you have been upgraded
to First Class on your upcoming flight due to your OnePass Elite
Membership.

  Confirmation:    VKHFHE
  Flight Number:   1289
  Date:            March 13, 2002
  Origination:     IAH
  Destination:     SLC
  Seat:            04A*

This e-mail notice does not replace the need to check-in for the flight.
Recommended check-in time is 2 hours prior to departure for domestic
flights.  If you do not check in at least 20 minutes prior to departure
your seat can be given away.

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

PLEASE DO NOT REPLY TO THIS E-MAIL.  UNFORTUNATELY E-MAIL SENT TO THIS
ADDRESS CANNOT BE ANSWERED.  PLEASE DIRECT ALL INQUIRIES TO THE ELITE
PRIORITY LINE, WHICH CAN BE FOUND ON YOUR ELITE CARD.

To make changes to your e-mail address, access the Your Account area of
the OnePass site (http://www.onepass.com/asp/youraccount.asp) or contact
the OnePass Service Center as (713) 952-1630.

For changes to your itinerary, contact your Travel Agent or Continental
Reservations at 1-800-525-0280 (Domestic) or 1-800-231-0856
(International).

To unsubscribe from OnePass Elite upgrade e-mail notification, please
visit http://onepass.continental.com/emailupgrades

Thank you for choosing Continental Airlines.


To: Marc Eichmann/Corp/Enron@ENRON
cc:

Subject:


The report named: NG - Price P/L <http://trv.dev.corp.enron.com/linkFromExcel.asp?report_cd=10&report_name=NG+-+Price+P/L&category_cd=5&category_name=FINANCIAL&toc_hide=1&sTV1=5&TV1Exp=Y&current_efct_date=05/23/2001>, published as of 05/23/2001 is now available for viewing on the website.


Attention: All Enron Employees

HireSynergy wants to express its condolences for everyone at Enron. We have
met and developed relationships with many of you over the years, and have
heard the disappointing news with both the job losses and the invasion of
privacy by the news and media. Since Tuesday 12/4 seems to be the last known
day of employment for most of you, we are offering everyone at Enron the
following immediate services at no charge, so please forward this email to
all of your friends and colleagues:

How HireSynergy can help you NOW:

1) Resume writing tips that help you get the interview
2) Interview techniques to help you get the job offer, even if your
technical skills aren't an exact match
3) Identify specific job opportunities that match your background and
criteria (as opposed to you applying via the internet or Human Resources job
postings, and not hearing back for weeks or being completely overlooked.).

HireSynergy is a retainer and contingency search firm that traditionally
charges fees to clients for our services.  However, since most of Enron's
major competitors already have access to you, our contribution to the Enron
community is proactively helping everyone through the job search process,
regardless of what stage of the interview process you're in.

HireSynergy specializes in the areas of Accounting, Tax, Finance and Risk
Management.
In addition, we have a division that places Executive Secretaries and all
clerical/ administrative staff.

We are walking distance from Enron! Please give us a call at 713-222-7667.
HireSynergy, Inc.
www.hiresynergy.com

Birgit D. Kamps
HireSynergy, Inc.
birgit@hiresynergy.com
(713) 222-7667 phone
(713) 222-7660 fax
723 Main Street, Suite 511
Houston, TX 77002
www.hiresynergy.com

This message (including any attachments) contains confidential information
intended for a specific individual and purpose, and is protected by law.  If
you are not the intended recipient, you should delete this message and are
hereby notified that any disclosure, copying, or distribution of this
message, or the taking of any action based on it, is strictly prohibited.


Margaret,

The forward power and gas price curves, unlike NYMEX futures prices,
are not publicly available and are a closely guarded secret of the trading
desks.
We have no authority to release them without getting the head of the
trading desk involved.

Vince


Thanks for your note I always enjoy the reading.  and I also appreciate you taking the time to share your events with us.  Come by anytime for your montey>

Sandra


-----Original Message-----
From: 	Symes, Kate
Sent:	Wednesday, August 29, 2001 2:32 PM
To:	Dean, Craig; Meyers, Bert
Subject:	El Paso Model 8/28

FYI -

The CARP for 8/28 was not flat, which wouldn't bother me so much if A) Bert hadn't told me it was the one thing that was actually flat for the day, and B) Craig hadn't written "Variance explained" on the print-out. Explained variances do not consist of deals entered at the wrong price - i.e. the lending purchase from El Paso that we've been entering day-ahead and reducing the price real time for the past month. Because we left this price at $58 and didn't reduce it to the $2 service fee, the STWBOM and STSW books each lost approx. $22,000 in today's DPR.

I know yesterday was messy and you weren't left with a lot to go on; but this is one pretty standard practice that shouldn't be overlooked. Now don't get defensive - I'm just reminding you.

Thanks,
Kate


sounds good to me.  I'll work with Kysa to coordinate a process incase she's gone.

Thanks for the heads up..

ds

 -----Original Message-----
From: 	Poston, David
Sent:	Friday, July 20, 2001 7:50 AM
To:	Scholtes, Diana
Cc:	Platter, Phillip; Alport, Kysa; Semperger, Cara
Subject:	Proposed Enpower Auto-scheduling changes

Good Morning Diana,

With the new FSP California scheduling system going live soon, the California schedulers now have a new dependency on the Enpower auto-scheduler.  Currently, Cara, or one of her schedulers, usually starts the job by 7:15am and it finishes around 7:30 - 7:45am.  The problem is that FSP processing cannot begin until the auto-scheduler has completed which could then delay us from getting out our templates.

I would like to propose a change to the process where we have Kysa run the auto-scheduler job at the end of the day to roll the auto-scheduling date forward.  This would allow FSP processing to begin anytime during the morning and it should have no effect on the other scheduling in Enpower.

Please let me know if you have any concerns,
Thanks,  David Poston


Thanks for the note, Jane.  Keep up the good work.  Also, please pass along
my thanks to Amr.  Your efforts are not going unnoticed.  mcs

Jane Wilson@ENRON_DEVELOPMENT
20/06/2000 02:27
To: Mark Schroeder@ECT
cc:

Subject: Flash on MSEB

MSEB has placed their little engineer who was in charge of the Request for
Rehearing/appeal/rate case on "extended leave."  He has been replaced by
another.

We have been invited to the first Req. for Reh. team meeting tomorrow at
MSEB.  This will have senior staff, the replacement for Mr. Bakshi, Little &
Company (MSEB's outside counsel thank God.  Sanjay may have agreed to pay
legal costs -- Wade and I discussed that possibility so we could get some
legal assistance), Crisil (the consultant) and DPC (us).  This is a real
breakthrough.

Wade was quite pleased when I reported this and credits both Sanjay's
communication with the Chairman (attached below is the letter drafted by me,
with the fourth point on legal assistance drafted by Wade) as well as having
the GRA expertise right here in Mumbai, my having given a presentation to the
Chairman.

Anyway, effectiveness of the effort remains to be seen; however, we at least
are on the team.  Step 1 accomplished (only took three weeks!)

I'm pleased that Amr is here.  He has helped me communicate (by a formula) my
concerns on power purchase costs being included in the rates, has figured out
a billing unit theory to get it increased  which will increase the average
rate which will increase MSEB revenues.

Letter requested by Sanjay:

Presentation by JW to MSEB Chairman


-----Original Message-----
From: 	Garza, Maria
Sent:	Thursday, May 23, 2002 5:06 PM
To:	Concannon, Ruth
Cc:	Barbe, Robin; Germany, Chris
Subject:	questions for legal

Ruth,

Attached is my list of questions.  Some might be repetitive, but just wanted to cover all my points.  If I think of any others, I will let you know.

Maria

PS..File is located under our transportation folder


1 more time!


---------------------- Forwarded by Patrick Maloy/HOU/ECT on 03/06/2000 03:47
PM ---------------------------

Patrick Maloy
03/02/2000 09:09 AM
To: Ron Tapscott/HOU/ECT@ECT
cc:
Subject: New York Tax Memo

Ron,

Please see the attached NY State Tax Memo.  Note, this memo is inclusive of
all State Taxes, except property tax.  Warren Schick's Group will able to
advise you on property taxes.

Thanks,

Patrick


BLOOMBERG

deal 582589 and 582423
Bloomberg shows fee as $15.00 flat on both of these deals.

TRADESPARK

Matt Motley
deal 582856
Tradespark shows hours as on-peak not off-peak

AMEREX

Chris Mallory
I am missing:
Enron sells to Duke 4/20-4/30 NP-15 Light 25 mw at $190

Mike Swerzbin
deal 582894
Amerex says price should be $47.75 not $47.25

PREBON

Bob Badeer
deal 582668
Prebon says this deal should be Matt Motley's


Someone sent this to me, it seemed appropriate!

Subject: Pfthhhhhhhh Football

An old man and his wife have gone to bed. After laying there a few minutes
the old man farts and says, "Seven Points."

His wife rolls over and says, "What in the world was that?"

The old man replied, "It's fart football."

A few minutes later the wife lets one go and says, "Touchdown, tie score."

After about five minutes the old man farts again and says, "Touchdown, I'm
ahead 14 to 7."

Not to be out done the wife rips another one and says, "Touchdown, tie
score."

Five seconds go by and she lets out a squeaker and says, "Field goal, I lead
17 to 14."

Now the pressure's on and the old man refuses to get beat by his wife so he
strains real hard but to no avail. Realizing a defeat is totally
unacceptable, he gives it everything he has, but instead of farting, he poops
the bed.

The wife looks at him and says, "What the hell was that?"

And the old man replied, "Half-time, Switch sides."


Rob -- This info is great.  For use w/ the media, we'll need to simplify, and
it would be helpful to have specific examples of what a utility would pay and
the overall result of a market with price caps, the current "open" market
(under ISO regulation, buying from the PX) and a pure open market (using
hedges to manage risk).

thx.
kd

	From:  Rob Bradley                           07/21/2000 01:40 PM

To: Mark Palmer/Corp/Enron@ENRON, Karen Denne/Corp/Enron@ENRON
cc: Steven J Kean/HOU/EES@EES

Subject: Re: Generic One-Pager on Price Caps

Here is a one pager on the general problem of price regulation.  Next we will
need to discuss the particular cases and identify specific distortions, which
the field people will have to provide.

- Rob

---------------------- Forwarded by Rob Bradley/Corp/Enron on 07/22/2000
01:34 AM ---------------------------

James D Steffes@EES
07/20/2000 11:01 PM
To: Rob Bradley/Corp/Enron@ENRON
cc:

Subject: Re: Generic One-Pager on Price Caps

Rob --

I think this is a great start for the outline of policy reasons against price
caps.  If possible, let's run it by PR to see what more structure they want.

Jim

Rob Bradley@ENRON
07/19/2000 02:56 PM

To: James D Steffes/HOU/EES@EES
cc:
Subject: Generic One-Pager on Price Caps

See if this is of use and whether I need to do more.

I hope it sets a framework from which the specifics of the price cap examples
and distortions can be added.

- Rob


"Ruben S. Brown" <rsbrown@ecubedllc.com> writes to the NYISO_TECH_EXCHANGE Discussion List:

Subject: Try Ananova.com for much coverage of today's terrorist incidents.

Sorry to impose on this list server, but many of us are involved in today's
events. The following may be helpful and of interest to some of you.

My son Ruben E. Brown, a computer maven at Incert Technology that some of
you know from NYISO meetings this Spring, has steered me to the Ananova.com
website which has high powered servers covering the Terrorist situation with
still relatively few hits. It is constantly feeding AP coverage and is
updated much faster than the conventional US sites.  Times are London times.

RS

------ End of Forwarded Message
--
Ruben S. Brown, M.A.L.D.
President, The E Cubed Company, LLC
215 East 79th Street
New York, NY 10021

212-585-1459
212-585-3852 fax
917-974-3146 cell
rsbrown@ecubedllc.com


(See attached file: HPLN1108.xls)

 - HPLN1108.xls