California warns of possibility of rolling blackouts
STEVE LAWRENCE, Associated Press Writer
Wednesday,?December 13, 2000
,2000 Associated Press
(12-13) 14:50 PST SACRAMENTO, Calif. (AP) -- U.S. Energy Secretary Bill
Richardson ordered Northwest generators to sell electricity to California
utilities Wednesday after state regulators warned that low power supplies
could force rolling blackouts.
The warning came from the Independent System Operator, keeper of California's
power grid. It said that electricity supplies were so perilously low that it
might declare a Stage 3 power emergency for only the second time ever. At
Stage 3, the grid can impose blackouts.
Richardson said at a Washington, D.C., news conference he was using emergency
powers to force wholesalers to sell power to California at a price he deemed
fair. He said he would also request that two large Pacific Northwest power
generating associations send more power to California.
``Our objective is to keep the lights on in California through this emergency
situation,'' he said. ``We're dealing with a potentially very serious
situation here.''
California has been caught in a power crunch over the past several days, in
part because of cold weather in the Northwest -- where California buys much
of its power -- and the shutdown of some generating plants for maintenance.
California's two largest utilities, Pacific Gas and Electric and Southern
California Edison, are near bankruptcy due to skyrocketing wholesale power
costs, Gov. Gray Davis and Sen. Dianne Feinstein, D-Calif., said at a
Washington, D.C., news conference with Richardson.
Davis and Feinstein asked federal regulators to set a regional price cap on
wholesale electricity to prevent the high prices that have plagued
California. On Friday, the Federal Energy Regulatory Commission lifted price
caps in California.
Record wholesale power prices followed, and PG&E warned it was in financial
danger.
The problem became especially acute when about a dozen suppliers began
demanding cash before selling power to California, Kellan Fluckiger, the
ISO's chief operating officer, said Wednesday.
``The credit limits of utilities and what markets are willing to sell us have
been reached and surpassed in many cases,'' Fluckiger said. ``There are
questions about utility solvency. That has come to a head today.''
He said officials may have to interrupt power to as many as 4 million
customers Wednesday afternoon and early evening, when people come home from
work and power demand hits a peak.
An unprecedented Stage 3 emergency was issued last Thursday, meaning reserves
had fallen below 1.5 percent. But the state fended off rolling outages by
turning off two power-sucking water pumps.
This time, Fluckiger said any blackouts would probably last about an hour to
90 minutes and occur mostly in Northern California.
``It's a fairly bleak picture,'' he said. ``This thing will not change unless
something is done to alleviate the credit situation.''
A Stage 1 alert was declared Wednesday morning, meaning power reserves were
below 7 percent and all power users are asked to conserve.
Stage 1 and Stage 2 emergencies, in which power reserves fall below 5 percent
and large commercial customers can be forced to shut down, have become
routine this month, but last Thursday's Stage 3 was the only time the threat
of blackouts loomed.
Contributing to the problem is a shortage of water to power hydroelectric
generators in the Northwest and California, Fluckiger said.
``We have reservoirs so low that we have people standing by them watching the
situation to make sure it does not go below safe limits,'' he said.
The power crunch over the past few months has been blamed in part on
electricity deregulation. California approved a phased-in deregulation of the
electricity market in 1996 to try to lower prices for consumers through
competition, but so far it has led to higher energy prices.
At the same time, wholesale power costs have been soaring, in large part
because of skyrocketing prices for natural gas. Wall Street is worried about
utilities' financial health, and on Tuesday, a consumer group urged the state
to seize and run the strapped $20 billion electricity system.
,2000 Associated Press ?


please disregard previous email.


Charles Bradley Scott....hope the wedding plans are still going well.

	Enron Capital & Trade Resources Corp.

	From:  <Lisa.A.Meador@chase.com>                           11/28/2000 08:10 AM

To: sscott5@enron.com
cc:
Subject: Father's Name

Hi Susie!

Could you email me your father's full name?  We are trying to get the final
list
together.

Thanks,
Lisa


Nancy,

I knew you were thinking about it, so I didn't worry.

I'm monkeying around the PPA, only because I had a meeting with Ozzie and
Heather late last night.  Will you be picking up emails in the next day or
so?  I can forward you what I've done for your review.

We need to get a Enron/BP dialogue going concerning the lease with the City
of Rocky Mount.  When do you want to discuss this (or have us discuss it with
the right B & P person)?

Thanks,

Kay

"Nancy Wodka" <nwodka@bracepatt.com> on 09/19/2000 03:29:28 PM
To: <Kay.Mann@enron.com>
cc:

Subject: Re: VEPCO

I forgot to reply to this.  Just let me know when you want to discuss it.
I'll jot down some thoughts on risk issues in the meantime.

>>> <Kay.Mann@enron.com> 09/15/00 02:30PM >>>
Here at Enron the lawyers generate risk memos in connection with
transactions, summarizing the more important legal risks in a deal.  I've
been taking notes along the way, but I will be asking you for your thoughts
here shortly.  A discussion will be all I'm looking for at this time.

Thanks,

Kay


http://www.usatoday.com/sports/college/football/2001-10-17-divisionia.htm

The end of the program is coming...

How embarrassing is this?

__________________________________________________
Do You Yahoo!?
Make a great connection at Yahoo! Personals.
http://personals.yahoo.com


Notice to Members No. 01-194
June 7, 2001

CORRECTS AND SUPPLEMENTS PREVIOUS NOTICE TO MEMBERS NO. 01-191

All amended rules can be found on the New York Mercantile Exchange, Inc.
website @ http://www.nymex.com/refernce/notices/2001/ntm_191r.htm.

To:
All NYMEX Division Members
All NYMEX Division Clearing Members
All NYMEX Division Member Firms

From:
Neal Wolkoff, Executive Vice President

Re:
-- Amendments to NYMEX Division Position Limit and Reporting Rules
-- Amendments to Large Trader Reporting Requirements for Light Sweet
        Crude Oil and the Addition of Brent Crude Oil

The Board of Directors of the New York Mercantile Exchange, Inc. has approved
various amendments to NYMEX Division Chapter 9 rules which, in general, move
away from hard position limits "in any one month and all months combined" to
position accountability standards. These amendments shall be effective as of
the open of trading on Friday, June 15, 2001.

The amendments to any one month, all months combined and option quadrants
limits as cited in Rule 9.26, position accountability will provide for the
ability for any participant to exceed the prescribed levels. (As a note: the
levels advocated for any one month and all months combined are the levels
currently in place for all months combined under the existing rule structure.
The currently defined any one month limits, which are lower than the all
months limits, are being deleted. Additionally, the gross side of market
rules are deleted.) Any market participant exceeding the defined position
accountability levels will be subject to being contacted by the Exchange when
the Exchange deems it necessary, and will be required to supply relevant
information as to its position and the status of its account. If the
participant refuses to do so, or if the Exchange believes the position, by
its size, is a threat to the orderly operation of the market, a market
participant can be direct!
ed!
 either to not increase or to decrease its position.

The existing current delivery month on expiration limits as defined in
existing Rule 9.27 will be unchanged and subject to hedge/swap exemptions as
they are today. The only caveat to this is that certain cash-settled enymexsm
contracts will operate with some level of position accountability in the
current delivery month.

Further, the large trader reporting levels cited in Rule 9.34 for Light Sweet
Crude Oil futures has been amended from 300 to 350 contracts to coincide with
existing CFTC standards. The soon to be traded Brent Crude Oil futures'
reporting level has been added at the same level of 350 contracts.

Lastly, the any one month/all months position accountability level for the
Brent Crude Oil contract of 20,000 has been added.

All amended rules can be found on the New York Mercantile Exchange, Inc.
website @ http://www.nymex.com/refernce/notices/2001/ntm_191r.htm.

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

"http://208.206.41.61/email/email_log.cfm?useremail=mark.taylor@enron.com&refd
oc=(01-194)"

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


Jay -

Thanks for your note.  This definitely falls into the "(b)" category.  The
problem is that there are sooooo many things in the b pile already that I
can't tell you exactly when this will be resolved.

Having said that, I agree that the weather information is probably the least
risky, but it might be helpful if you were to visit their sites and see if
there is any comment about further use of the information posted there.  As
for the others, a little additional information would be helpful.  For
instance, I know we were in discussions with NGTL at one time and were
unwilling to sign the letter they asked for.  Was there ever any follow-up
with them on that?  Is there any correspondence at all (it doesn't have to
look like an official contract).  Is the Telerate information also available
from other sources?  Is it possible that Telerate gets it out really fast and
that is their advantage but others are right behind with the same or very
similar information?  Do we have an agreement of any kind with Telerate
regarding the services they provide to us?

Thanks for your help and continuing attention to this - I agree we should be
trying to do this the "right" way.

Mark

James Bruce   03/30/2000 02:33 AM

To: Mark Taylor/HOU/ECT@ECT
cc:
Subject: Legal Issues with EnronOnline Newsticker

Dear Mark (back from South America?)

I received this email from Donna Greif.  It explains the sources for her data
which she puts on EnronOnline every day.  As best I know, Mark, we don't have
any agreement with any of these people for content that we place online.

I'm not too concerned about the weather (it's from the Canadian and American
governments) but I am concerned about the NGTL data and the data we get from
Telerate.

We have a disclaimer Online for the NGTL data, saying that it's our
reproduction and not a representation of what they have on their own site
(their own site which can be accessed through a password only!), but I think
this proves, rather than refutes, the fact that we're redistributing their
data without a right to do so.  The same applies for Telerate--we don't even
give them recognition--we just post their numbers on our site.

I know you're a busy man, and I'm sure you're dealing with things like
lawsuits against Enron by South American governments, or something like that,
but this issue should (a) be dropped, because you believe that it's really
not that important or (b) resolved, becuase you think it is.

Please tell me how I can help, or if we should let this issue drop.  If I
don't hear from you, I'll assume that you don't think it's an important issue.

Thanks

Jay

---------------------- Forwarded by James Bruce/LON/ECT on 30/03/2000 09:20
---------------------------
To: James Bruce/LON/ECT@ECT
cc: Candace Spencer/CAL/ECT@ECT, Terri Brian/CAL/ECT@ECT, Ross
Prevatt/HOU/ECT@ECT, Rahil Jafry/HOU/ECT@ECT, Daniel Diamond/HOU/ECT@ECT,
Frank L Davis/HOU/ECT@ECT, npetter@enron.com, Sheri Thomas/HOU/ECT@ECT, Matt
Motsinger/HOU/ECT@ECT, Lucy Ortiz/HOU/ECT@ECT

Subject: Re: EnronOnline Newsticker

Jay,

In your original email (attached below), you requested my source of US Nat
Gas Stats that are posted as a newsticker item on the website.   Please note,
I would have been more than happy to provide you with source details on the
Canadian Weather Forecasts and NGTL Pipeline Data if it was part of your
original request.

US Natural Gas Statistics (Gas in Storage & Cumulative Heating Degree Days)
 * My source is the Producer Newsletter distributed by the Mid-Marketing
Department (Ross Prevatt & Dan Diamond
    are both part of that team).  For your convenience, I've attached a copy
for your records
 * The Producer Newsletter is distributed on a weekly basis (Monday nights or
Tuesday morning)
     and is faxed.
        - the Mid-Marketing Department gets those numbers from several
different sources.
        - I called Ross again today to re-verify.  He confirmed the following
for me:
  * Gas Storage data comes from a direct feed from Telerate.
  * Lucy Oritz passes on the cumulative heating degree days to Ross.
       > Her source is National Oceanic & Atmospheric Administration
       > web address = http://www.crh.noaa.gov/grr/wfolocat.htm
     - Should you require any additional details and need to make contact
with Ross again.....
       I did take the liberty of explaining who you are, the group you
represent as well as
       why you were needing this information.  I am sure he will be fully
receptive and understand
       the nature of your question should you need to contact him again.

Canadian Weather Forecasts (4 day forecast for 5 cities)
NGTL Pipeline Data (Prior day deliveries, etc.)
 * Candace Spencer & Terri Brian in Enron Canada's office pull this
information from two different sources.
 * They pull this information together, and fax updates us each morning.
     - NGTL Pipeline Data is pulled from
http://www.nrgexpressway.com/ngtl/index.htm
  * You must have a password to gain access to this information.
     - Canadian Weather Forecast data is pulled from
http://weather.ec.gc.ca/alberta_e.shtml
  * Upon reaching the site, you would select the appropriate City.
  * Once in the city, scroll down to get the weather forecast data.

My apologies for any mis-communications on your original request.  Feel free
to call me if you are in need of more
details (x3-9517).

Thanks,

dg

P.S.  Currently, Noel Petterson is updating the website.  His back-up is Matt
Motsinger.   In additions (just an FYI), this
will be my last week with the EnronOnline team.   Please forward any future
requests to Frank Davis.

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

James Bruce   03/29/2000 09:48 AM

To: Donna Greif/HOU/ECT@ECT
cc:
Subject: EnronOnline Newsticker

Following our exchange of emails two weeks ago, I spoke with Ross (whom you
suggested), but he didn't know of you & didn't think that anything he
produced was sent to you.  He suggested that I contact Dan Diamond, who wrote
back saying that he didn't know anything either but that I should contact
Rahil Jafry.  The only problem of course is that I work with Rahil, and I'm
trying to find this information in response to a discussion that I had with
him!

So, could you tell me exactly where you get your information from, for the
following items:

Canadian Weather Forecasts (4 day forecast for 5 cities)
NGTL Pipeline Data (Prior day deliveries, etc.)
US Natural Gas Stastics (Gas in Storage & Cumulative Heating Degree Days)

Even if you don't know the specific source, if you could tell me how you get
the information, then I'll try to follow it up.  So, for example, 'Each day
at 6am I receive a fax from 713.853.2297 with a list of numbers.  I take
these numbers and put them in the Canadian ...'

Sorry to keep bothering you, but this is a potentially serious issue for
us--we need to know exactly where we're getting our content from, and no one
seems to know!  So anything that you can do to help would be appreciated
greatly.

Thanks in advance

Jay

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

	From:  Donna Greif                           03/13/2000 10:30 AM

The EnronOnline team gets those numbers from the weekly Newsletter
distributed the ENA Commercial Team.   Ross Prevatt is the individual who
actually puts the information together.

In talking with Ross this morning, that information is taken from a Telerate
feed  (the Telerate feeder gets the info from daily/weekly/monthly
publications).  Ross did not give me the specific companies that publish the
information.  Feel free to call Ross directly if you need additional
information.

Thanks,

dg

==========================================================================
James Bruce   03/13/2000 04:05 AM

Dear Donna

(Following the voicemail that I left for you on Friday)  I was wondering if
you could tell me whether or not the US Gas Storage data & the cumulative
CDD/HDD data are taken from inside Enron only?  (I'm asking because Paul
Goddard has encouraged me to update our letters of consent for content that
we carry on the website.)

Many thanks,

Jay


Thanks.

Evelyn Metoyer@ENRON
05/02/2001 09:11 AM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Re: Prebon deal errors from yesterday

I will check with Prebon asap.

   Kate Symes @ ECT                05/02/2001 10:56 AM

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

Subject: Re: Prebon deal errors from yesterday

I double-checked with Bob, and he said Prebon reported these two trades as
peak. The other two were in fact reported as off-peak - he just entered them
incorrectly. But as far as this sleeve goes, there's no way one side is peak
and the other isn't - Prebon has to make up their minds!

Again, let me know what you find out. Until then, we recognize the two trades
as they are.

Thanks,
Kate

Evelyn Metoyer@ENRON
05/02/2001 08:59 AM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Re: Prebon deal errors from yesterday

That's what I was confused about because Prebon shows this deal as peak and
we show it as peak and I know it is the other side of a sleeve.  Can you
double check with Bob for accuracy.

Evelyn

   Kate Symes @ ECT                05/02/2001 10:43 AM

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

Subject: Re: Prebon deal errors from yesterday

Does this mean that 598738 should be off peak hours as well? Because 598739
is only one side of a sleeve deal for EES. I would think that both sides need
to have the same hours......

Let me know, and I'll change them accordingly.

Thanks,
Kate

Evelyn Metoyer@ENRON
05/02/2001 08:43 AM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Re: Prebon deal errors from yesterday

sorry it is 598739

   Kate Symes @ ECT                05/02/2001 10:25 AM

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

Subject: Re: Prebon deal errors from yesterday

598736 and 598737 have been changed to off-peak hours. But I can't pull up
306927. Is this the right deal number?

Kate

Evelyn Metoyer@ENRON
05/02/2001 08:03 AM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Prebon deal errors from yesterday

Bob Badeer
deal 306927
Prebon shows as off-peak hours....enpower has peak hrs

Bob Badeer
deal 598737
Prebon shows as off-peak hours....enpower has peak hrs

Bob Badeer
deal 598736
Prebon shows as off-peak hours....enpower has peak hrs


Are you placing tickets for all my table at the door?  Allison McHenry has
not received her ticket yet and was inquiring?

Thanks!!

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


Thanks for your nice note.  The promotion did get the year off to a nice
start.  I am glad that you were pleased with the year end PRC process.  While
time-consuming, I have appreciated the opportunity to get to know Associates
like you whom I would perhaps otherwise not know.  Keep me posted on what you
are doing.  --Sally

Nicole Palczer@ENRON COMMUNICATIONS on 02/22/2001 09:52:40 AM
To: Sally Beck/HOU/ECT@ECT
cc:
Subject: Congratulations

Sally,

I just wanted to send a quick congratulatory note on your promotion to
Managing Director.  And a bit belated, a thank you for serving again as my
PRC representative.  I was pleased with my outcome at year-end, and once
again, was one of the few Analysts or Associates who was always kept informed
about the process.  I appreciate your time and energy in representing me.

Nicole


I have made adjustments to the schedule concerning Nerc Training classes.
The class runs from 8 A.M. until 4 P.M.

Sample testing  can be done the following week at your own pace.

Please check the schedule at M:/electric/24hr/misc/schedule

Everyone should be o.k.

Thanks
Kayne


Dan,

Sorry to keep bothering you, but does what we talked about earlier pertain to
EOL trades as well given the language in those contracts, i.e. requiring
outside parties to honor contracts if they claim "force majeure"?

Thanks,

Eric
x3-0977


I'll try to give you a call tomorrow

----Original Message-----
   >From:      Rizvi Tabish <tabish.rizvi@capco.com>
   >To:          "'whalley@enron.com'" <whalley@enron.com>
   >Cc:          "'liz.m.taylor@enron.com'" <liz.m.taylor@enron.com>
   >Bcc:
   >Subj:      Request for a Recommendation
   >Sent:     Wednesday, December 06, 2000 11:37 AM
   >
   >Greg,
   >
   > I'm sure that Liz has alaredy informed you that I've called a couple
   >of times to speak with you.  My reason for calling is that I am currently
   >working on my applications for business school and as I'm sure you can
   >appreciate, recommendations are a very important part - since you attended
   >Stanford yourself.  I remember speaking with you about graduate school a
   >while back when I was in Houston, and the words "it's a crap shoot" still
   >stick in my head.  That's what you called the application process and I'll
   >never forget the quote.  As I plan to apply, I will most definitely see
   >first-hand how true these words are.
   >
   > In any event, I need three people with whom I have forged great
   >relationships with in my professional and academic career(s) who would be
   >able to write me a "first-class" recommendation.  I feel that you are
   >definitely one of these people.  I still hope that Enron would open an
   >extensive presence in New York; I would must rather be there.  I really
   >liked what I did; u
   >
   ><truncated...>


Please put this on my calendar.  I assume that this every other week meeting
will replace the weekly Friday meeting.  Thanks.
---------------------- Forwarded by Sally Beck/HOU/ECT on 08/15/2000 03:28 PM
---------------------------

David W Delainey
08/15/2000 02:05 PM
To: Tim Belden/HOU/ECT@ECT, Kevin M Presto/HOU/ECT@ECT, John
Arnold/HOU/ECT@ECT, Scott Neal/HOU/ECT@ECT, Hunter S Shively/HOU/ECT@ECT,
Phillip K Allen/HOU/ECT@ECT, Janet R Dietrich/HOU/ECT@ECT, Christopher F
Calger/PDX/ECT@ECT, W David Duran/HOU/ECT@ECT, Raymond Bowen/HOU/ECT@ECT,
Jeff Donahue/HOU/ECT@ECT, Brian Redmond/HOU/ECT@ECT, C John
Thompson/Corp/Enron@ENRON, Scott Josey/Corp/Enron@ENRON, Rob
Milnthorp/CAL/ECT@ECT, Max Yzaguirre/NA/Enron@ENRON, Beth
Perlman/HOU/ECT@ECT, Wes Colwell/HOU/ECT@ECT, Sally Beck/HOU/ECT@ECT, David
Oxley/HOU/ECT@ECT, Joseph Deffner/HOU/ECT@ECT, Jordan Mintz/HOU/ECT@ECT, Mark
E Haedicke/HOU/ECT@ECT
cc: Mark Frevert/NA/Enron@Enron, John J Lavorato/Corp/Enron@Enron
Subject: ENA Management Committee

As part of the restructuring between ENA and Global Markets and consistent
with the view to increase our focus on building our core gas and power
business, we have decided to re-formulate the ENA Management Committee.  As
part of this change, each of you are invited to participate in dialogue and
decisions which will impact the overall course of our business. Ultimately,
this group is responsible for the overall financial performance and strategic
direction of ENA.  The only structural committment to your time will be a
pre-scheduled Management Committee meeting every second Friday afternoon
starting at 2:30 PM until 4:30PM in 30 C2 (video conference room).  The
Portland, Canadian and Mexican offices can connect via video conference.  The
meetings wil focus on financial targets, deal flow, market opportunities,
staffing and strategic direction.  The first meeting will be scheduled on
this Friday.

Everybody should make a serious committment to attend, to stay for the entire
meeting and to be on time.

Regards
Delainey


Glen,

Interesting reading from one of our customers. Kim.

-----Original Message-----
From: Gold, Amy [mailto:AGold@coral-energy.com]
Sent: Wednesday, August 01, 2001 11:25 AM
To: Watson, Kimberly
Subject: FW: New Report on Lessons from California

I just got this and thought you might find it interesting as well.

Amy

--------- Inline attachment follows ---------

From:  <Eric@EHirst.com>
To: Eric@EHirst.com
Date: Wednesday, August 1, 2001 12:16:55 GMT
Subject:

Dear Colleague,

The Edison Electric Institute just published a paper, The California
Electricity Crisis: Lessons for Other States, which I wrote. The paper is
available on the Publications page of my website, www.EHirst.com
<http://www.ehirst.com/> . Please let me know if you have any comments on
the paper.

Here is a summary of the paper:

        California was supposed to show the rest of the nation a brighter
electricity future. That future, as outlined by the California Public
Utilities Commission in 1994, envisioned an electricity industry featuring
competitive markets. Such markets were intended to produce lower costs and
more choices for consumers, while ensuring profits for efficient energy
suppliers and encouraging the retirement of old, inefficient power plants.

        Although the first two years of restructuring (beginning in April
1998) seemed to bear out these promises, the last year has been a disaster
for California's electricity consumers, taxpayers, and electric utilities.
Part of the fallout from California's electricity crisis is considerable
concern-even opposition-in other states to restructuring the electricity
industry.

        Although a few states have decided, based on the California
experience, not to restructure, I believe that is the wrong outcome.
Instead, the primary lessons other states should learn from California are
that competitive markets can work; competition is not to blame for
California's problems; and basic economic principles of supply, demand, and
prices affect market outcomes.

        Section 2 of this paper briefly reviews the history of electricity
regulation and restructuring in California and the problems that occurred
beginning in May 2000. Section 3, the heart of this paper, offers guidance
to other states on the key ingredients of a competitive electricity
industry. This section makes several points:

*	Maintain a favorable investment and regulatory climate for new
generation to ensure that enough generation capacity is online and planned
to meet growing loads.

*	Ensure that enough infrastructure (transmission capacity and natural
gas pipeline capacity) is in place and planned to meet growing loads,
maintain reliability, connect new generators to the grid, support large
regional markets, and provide fuel to power plants.

*	Encourage retail customers to participate in dynamic-pricing and
voluntary-load-reduction programs (i.e., couple retail and wholesale
markets).

*	Create honest retail competition: avoid standard-offer rates with
artificial discounts and create conditions that encourage many companies to
offer retail services without favoring individual competitors.

*	Encourage electricity suppliers to manage and diversify their supply
and price risks.

*	Create efficient and integrated wholesale markets for energy,
ancillary services, and transmission congestion.

*	Monitor and minimize horizontal market power (generation) and
vertical market power (combined ownership and operation of generation and
transmission).

        Ultimately, competitive markets for electricity will lower costs and
prices, better align consumer prices with producer costs, improve producer
efficiency in both investment and operation, maintain or improve
reliability, and yield greater innovation in customer services and pricing
options.

        But, this transition from one industry structure to another is
turning out to be long and complicated. It is complicated because
electricity is so important to our modern, high-tech society; electricity is
our most flexible fuel, providing light, heat, motive power, and the energy
to operate all our electronic equipment. Also, electricity truly is a
real-time product for which production and consumption must occur at the
same time.

        Although the problems that have occurred in California are
substantial and worrisome, regulators and legislators in other states should
focus on the long-term benefits of competitive electricity markets and
accept the possible short-term problems that may occur. They also need to
recognize that wholesale markets are regional in scope and extend far beyond
the boundaries of any single state. Finally, competition in retail and
wholesale markets must be coordinated; in particular, it is not possible to
have competitive wholesale markets unless at least some retail load faces
time varying prices.

        If states restructure properly to create competitive markets for
wholesale energy and retail services, we should all benefit. Consumers will
enjoy lower prices, they will have many more choices of energy services and
price-risk tradeoffs, reliability will be improved because most reliability
services will be obtained through markets instead of by engineering edict,
and the financial risks associated with building and operating power plants
will be assigned properly to investors rather than consumers.

Eric
----------------------------------------------
Eric Hirst
Consulting in Electric-Industry Restructuring
106 Capital Circle
Oak Ridge, TN 37830
*865-482-5470 (phone & fax)    *Eric@EHirst.com
http://www.EHirst.com <http://www.ehirst.com/>


Attached is a draft of the Agenda we discussed.  Irwin - I show Joskow on
here but he has already declined (his wife is having surgery right before our
meeting date).  We may want to consider someone like Seabron Adamson
(Frontier Economics) or perhaps someone else.


Thanks,

C


Here is a simplistic spreadsheet.  I didn't drop in the new generation yet,
but even without the new plants it looks like Q3 is no worse than last year.
Can you take a look and get back to me with the bullish case?

thanks,

Phillip


Andy -

I just want to verify that ENA purchased (and booked) 10,000 mmbtu/day at
NBPL harper for Apr-Oct '01 at Vent + .055 from Transcanada on 3/22/01.  Let
me know if you have any questions.

Richard


I was planning to take Halloween off - do you want me to come in for this?


Hi Theresa,

I'm not sure if Steve Thome mentioned this to you, but Enron is opening an
escrow account in connection with a transaction with Delta Power.  He
suggested that I forward the wiring instructions for the payment of the
escrow fee of $10,500.  Please let me know what other info you need to tee
this up.

Thanks,

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 04/24/2001 02:13
PM ---------------------------

"Lawrence, Estelle A" <estelle.a.lawrence@citi.com> on 04/24/2001 02:08:44 PM
To: "'kay.mann@enron.com'" <kay.mann@enron.com>
cc:

Subject: Citibank's billing wire instructions

Kay,

As per Steve's request, please find below our wire instructions for the
fees.  Feel free to give me a call should you have any further questions.
Thanks.

Citibank, NA
ABA 021000089
A/C 3611-3293
F/B/O 795184, Enron/Pegasus Escrow

Estelle Lawrence
Citibank Agency & Trust
111 Wall Street, 14/3
New York, NY 10005
T: 212.657.2076
F: 212.657.3862


Hey Buddy:

See cover email to the Brulte letter that was sent to the Sacramento Team
couple of weeks ago when I was in Houston.  Might be a good place to start
w.r.t. getting our "constructive" message out, though I'm sure that there's
plenty of other things that needed to be added.

Best,
Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 02/27/2001 06:42 PM -----

	Jeff Dasovich
	Sent by: Jeff Dasovich
	02/16/2001 08:49 AM

		 To: Sandra McCubbin/NA/Enron@Enron, Susan J Mara/NA/Enron@ENRON,
MDay@GMSSR.com, Hedy Govenar <hgovenar@mail.acom2.com> @ ENRON, Scott Govenar
<sgovenar@govadv.com>, Paul Kaufman/PDX/ECT@ECT, James D
Steffes/NA/Enron@Enron, Harry Kingerski/NA/Enron@Enron, Richard
Shapiro/NA/Enron@Enron, skean@enron.com, mpalmer@enron.com, Karen
Denne/Corp/Enron@ENRON, BTC <BCragg@GMSSR.com>
		 cc:
		 Subject: Ken Lay's email to Sen. Brulte

Greetings All:

First, I am apologizing in advance for any typos in this email.  Schedule is
very tight, but I wanted to make sure that everyone had it first thing this
morning, with some back-up info that I've included below.

Attached is the email that was sent to Ken Lay's office yesterday evening for
delivery to Sen. Brulte.  It's of course confidential.  Few points:

I don't have Bev's email, so if you could please forward to her, that would
be appreciated.
As we discussed (Jim, Mike, Bev, Scott, Hedy) on our lengthy call on
Wednesday, I'm assuming that the plan is still to "wallpaper" Sacramento with
our proposed legislation.
This email does not contain the legislation.  Mike sent the "final" versions
of our legislation out yesterday, except for the siting piece, which I
believe Brian Cragg of Mike's office is finalizing today.
You'll note that we promise Senator Brulte in the email that we'll deliver to
his office today the proposed legislation.  Again, based on our call on
Wednesday, I'm assuming that we would simultaneously release the proposed
legislation to the rest of the world at the same time.
When we spoke on Wednesday, we decided that the Sacramento team would
determine to whom we would circulate the proposed legislation at the same
time that we deliver the Senator Brulte. I'm assuming that you folks will
handle that end of things.  Please let us know at your convenience to whom
you've decided to circulate.
This email does, however, include a "summary" of our proposed legislation.
But I'm not certain that the summary included in this email is the
appropriate language to distribute "to the world," or if we'll need instead
to tailor some new language.  I think we all agreed that we need a "one
pager" to accompany the legislative package so that we can communicate the
package effectively.
We also discussed the need to quickly develop a coalition to support our
proposals.  We didn't finalize that plan.  Perhaps the Sacramento team could
propose a plan to do that.  Perhaps we could start with our friends in the
Direct Access coalition?
We also talked about the need at this point to engage in PR and to get the PR
machinery activated, also with the goal of effectively communicating our
legislative package/message.  We're in a meeting with folks today where we
can discuss getting that side of things going and Karen Denne has contacted
Marathon and they're pondering some things that we can do in the near term.
You'll note that there's a considerable amount of information about the DWR
credit issue.  As I recollect, we discussed the issue in depth on the call.
You note that attached to the email is a "legislative fix" to AB1X that could
solve the credit issue and an attached set of "taking points" related to a
second alternative to solving the credit issue:  a PUC order clarifying that
DWR will get its money for power purchase costs.
Note also that Steve Kean reminded me that we've got to continue to push to
get the utilities out of the merchant function.  Accordingly, I've put a
brief paragraph on that issue in the note to Brulte in the last section
(legislative solution) under the topic "create a real competitive retail
market in California."  To the best of my knowledge, we don't have
legislative language on that piece yet, and it seems that we'll need to
discuss it in considerably more depth before doing so.

If you have any questions about any of the materials in the email, please
don't hesitate to contact me or Jim or Sandi to discuss.  I can be best
reached to day by pager at 888.916.7184.

Thanks to all for helping pull this together.

Best,
Jeff

----- Forwarded by Jeff Dasovich/NA/Enron on 02/16/2001 08:27 AM -----

	Jeff Dasovich
	Sent by: Jeff Dasovich
	02/15/2001 06:11 PM

		 To: jdasovic@enron.com, skean@enron.com, Richard Shapiro/NA/Enron@Enron,
James D Steffes/NA/Enron@Enron
		 cc:
		 Subject:

Steve:
Here's a substantially more cleaned-version, with attachments.  There's a
hard copy on your chair.

Best,
Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 02/15/2001 05:57 PM -----

	Jeff Dasovich
	Sent by: Jeff Dasovich
	02/15/2001 05:56 PM

		 To: jdasovic@enron.com
		 cc:
		 Subject:

Jim:
It was a pleasure speaking with you yesterday.  Based on our conversation,
this email includes the following:

An Enron contact to discuss developing small-scale generation on Tribal lands.

Our views on the impediments to distributed generation and suggestions on how
to remove those impediments.

A description of the credit issues that continue to impede DWR,s ability to
sign contracts with power suppliers, and options to resolve them. Two
possible options for addressing the credit issue are 1) a California PUC
order clarifying that DWR will recover its power purchase costs through
rates, and 2) an amendment to AB1X designed to accomplish the same goal.  I
have attached talking points regarding the California PUC order and proposed
amendments to AB1X.  We believe that an amendment to AB1X is the preferable
option.

Our assessment of the supply/demand picture in California.

Our suggestions for a legislative package designed to solve both the near-
and long-term electricity crisis in California.  We will deliver to your
office tomorrow detailed legislative language.  In those materials we will
also identify existing bills that we believe can easily accommodate our
proposed language.

I hope that the information is useful.  Please do not hesitate to contact me
if you would like to discuss these materials further, or if there is anything
else that I can do to assist you.

Regards,
Ken

Contact Information to Discuss Interest Expressed by Native American Tribes
in Installing Small-scale Generation on Tribal Lands

David Parquet, Vice-President
Enron North America
101 California Street, Suite 1950
San Francisco, CA 94111
Phone: 415.782.7820
Fax: 415.782.7851

2. Key Barriers to Distributed Generation

Excessive and Unnecessary Utility Stand-by Charges

Solution: The executive orders issued by the Governor on February 14th took a
step in the right direction.  Utility stand-by charges have always been
designed by the utilities to protect their monopoly position, extract
monopoly prices from customers, or both.  But there is no reason to limit the
elimination of these charges to generation facilities that are less than
1MW.  These limits will only lengthen unnecessarily the time it takes for
California to close the significant gap between supply and demand and reduce
the risk of black outs this summer.  We would propose lifting the cap by
offering amendments to SB27X, which is designed to facilitate development of
distributed generation.

Excessive delays and costs related to interconnecting facilities with
investor-owned and municipal utilities

Solution:   The Governor,s executive order regarding interconnection is a
step in the right direction*D-D-26-01 requires utilities to complete
interconnection studies within 7 days.  California should ensure that this
requirement applies to all generation facilities, including distributed
generation.  In addition, the financial conflicts the utilities face when
interconnecting generation facilities are simply too powerful to overcome
through executive orders or other regulations.  To the greatest extent
possible, California should shift control over interconnection away from the
utility and place that control with the California ISO.  This could be
accomplished through amendments to SB 27X.

Permitting and Air Quality Issues
Developers of distributed (i.e., &on-site8) generation that is 50 MWs or
greater must receive certification from the California Energy Commission and
therefore face all of the impediments to development that large-scale
generation faces.

Solution: California should ensure that the executive orders (D-22-01 thru
D-26-01) issued by the Governor to expedite plant siting and maximize plant
output apply equally to smaller scale, &distributed generation8 facilities.
In addition, distributed generation that is less than 50 MWs continues to
face local opposition.  The State should ensure that local, parochial
interests cannot block otherwise beneficial distributed generation projects.
These objectives could be accomplished through amendments to SB27X.

3. Credit Concerns Regarding Authority Granted to DWR in AB1X to Purchase
Electricity on Behalf of the Utilities

Enron responded to the RFP issued by DWR to enter into power contracts with
suppliers.
Enron is in active discussions with DWR to establish contract terms with the
goal of entering into a power purchase agreement as soon as possible.
However, ambiguities contained in AB1X have created significant credit risk
concerns that need to be resolved in order to finalize contract terms.
We understand that the lion,s share of counterparties share Enron,s credit
risk concerns.
Enron has proposed several options for resolving the credit risk issues and
is working with DWR to arrive at a solution that is mutually agreeable to
both sides and that might serve as a template for power purchase agreements
going forward.

Summary of the Source of the Credit Risk Issue

Ambiguous Ratemaking Authority
The language in AB1X is ambiguous as to whether DWR has any authority to
charge California ratepayers for the costs of purchasing power.  From our
analysis of the bill, the language in AB1X appears to leave intact the
California PUC,s exclusive jurisdiction over ratemaking in California.  As
such, suppliers have no assurance that the PUC will agree to include in rates
adequate charges to cover DWR,s costs of power purchases.

Ambiguous Regulatory Authority Regarding Contract &Prudence8
The language in AB1X leaves open the possibility that the California Public
Utilities Commission could determine that power purchases made by DWR are
&imprudent.8  On the basis of such a finding, the CPUC could then refuse to
allow DWR to collect from ratepayers the costs associated with its power
purchases.  Consequently, suppliers have no assurance that the PUC will agree
to include in rates the charges to cover the costs of power contracts that
DWR has entered into with suppliers.

Ambiguous Language Regarding the Ratemaking Mechanism that Will Be Used to
Recover DWR,s Costs of Power Purchases
In addition to the ambiguity regarding ratemaking and regulatory authority
noted above, the language in the bill is equally ambiguous with respect to
the specific ratemaking &mechanics8 that AB1X directs the PUC to employ to
permit DWR to recover its power purchase costs. Based on our analysis, it is
extremely difficult to determine how the PUC would design the rates to ensure
DWR recovers its power purchase costs.  Moreover, as currently drafted, it is
difficult to determine whether AB1X would even permit the PUC to include in
rates all of the charges necessary to fully recover DWR,s power purchase
costs.  Again, this ambiguity raises significant credit risk concerns since
suppliers have little assurance that DWR will have the ability to recover
from ratepayers the costs of purchasing power.

Options to Resolve Concerns Regarding Credit Risk

We have been working diligently with DWR officials to resolve the credit risk
issues.  We have identified three options:

Amend AB1X
The amendments, which are attached to this email, would clarify that a) the
PUC would accept as &prudent and reasonable8 all purchase costs incurred by
DWR, and b) the PUC is obligated to include in rates the charges necessary to
ensure that DWR fully recovers its costs of power purchases.  This is the
preferred option, though we understand that the there may be some political
challenges standing in the way of amending AB1X.  (See attached file
entitled, &AmendAB1X.doc8.)

Clarify the Ambiguities in AB1X through an Order Issued by the PUC, and
through Contract Language
This is the option that we are currently working with DWR officials to
implement.  However, it is more complicated and could take significantly more
time to implement than the "legislative" fix.  We have attached electronic
copies of the talking points related to the order that the California PUC
would need to issue under this option.  (See attached file entitled,
&cpuctalkingpoints.doc.8)

Make Use of Other Instruments Designed to Address Credit Risk
As indicated in our letter responding to DWR,s RFP, we are willing to accept
other forms of credit from DWR.  Those options include a letter of credit,
cash prepayment, or an acceptable form of collateral.  DWR officials have
indicated to us that DWR prefers to pursue the second options. That is, DWR
prefers to clarify the ambiguities in AB1X through a PUC order and through
contract amendments.

4. California,s Supply-demand Picture Heading into Summer 2001

Both the California Energy Commission and Cambridge Energy Research
Associates (CERA), a private sector energy think tank, have issued reports
showing that California faces a severe supply-demand imbalance.  They differ
only on how much and how soon additional supply will be made available.  All
credible sources agree that supply will be very tight throughout the Summer
of 2001 and that unless a solution is found immediately, blackouts are
likely.

CEC and CERA both forecast that California will be short of supply this
summer by approximately 5,000 MW.   These numbers are in line with our
estimates.  California,s supply base currently has a 6% capacity margin, well
below the average 15-20%, which is recommended for reliable system operation
in the West.  Since the West relies more heavily upon hydroelectric power
than other regions, reserves are particularly important, owing to the
unpredictability of the weather and the dry year the West has experienced to
date. In the event of a low rain and snow period, the system must possess the
flexibility to respond to the reduced availability of power supply.
California,s very low reserve margin makes it especially susceptible to this
requirement.

Other reasons for reduced supply for the Summer of 2001 include the early
draw-down of reservoirs in the continual effort to manage California's severe
supply-demand gap; emissions restrictions on existing plants; and a reduced
number of customers who can be curtailed under their contracts with the
utilities.  Cambridge Energy Research Associates asserts that at the current
pace of siting, permitting and construction, adequate supplies will not be
added to correct the market imbalance until 2003 at the earliest.

CERA predicts that California is likely to face approximately 20 hours of
rolling black outs this summer.  The CEC paints a considerably more
optimistic scenario, betting that California will bring an additional 5,000
MWs on line to meet peaking summer demand.  It is our view that California
should view the CEC's "rosy scenario" with considerable skepticism.

5. Suggested Package of Legislative Proposals Designed to Solve California,s
Electricity Crisis

This email offers an overview of our proposed legislative solution.  We will
deliver to your office tomorrow specific legislative language and existing
bills that we believe can accommodate our proposals.

As we have suggested throughout the crisis, any solution to California's
crisis must focus on four issues:

Increase supply
Decrease demand
Establish a truly competitive retail electricity market
Return California,s Investor-owned utilities to solvency

Increase supply--Legislative vehicle: SB28X (Sher)
To site and construct a power plant in Texas takes approximately 2 years.
Enron and others have completed the entire process in other states in less
than a year.  In California, it takes about six years, or longer.

The Governor,s executive orders and Senator Sher,s siting reform legislation
are steps in the right direction.  Our suggested amendments can improve those
efforts by further addressing the difficulties that project developers face
in securing air emission reduction credits to meet the air permit
requirements included in the CEC's certification requirements.  Enron,s
proposal seeks to streamline the process for 1) obtaining credits and 2)
transfering credits between air districts.  In addition, it creates an
innovative emissions reduction bank to allow project sponsors to fund
emissions in advance of obtaining certification, and permits the affected air
districts to use those funds to finance projects that will produce the
required reductions in pollution emissions.

Decrease demand*Legislative Vehicle:   AB31X (Wright)
Because of the delay in getting a solution in place in California, closing
the supply-demand gap through energy conservation and efficiency offers the
best chance of avoiding blackouts this summer.  This can be accomplished most
effectively and quickly in two ways:

Buy-down demand
California is tapping into an enormous amount of money from the General Fund
to finance DWR,s power purchases.  California could likely reduce demand more
economically by running an auction to determine the payments businesses would
be willing to receive to reduce their demand for a sustained period (e.g.,
through the summer months).  DWR could easily run an on-line auction to
determine the price it could pay for these demand reductions.  To
participate, businesses would be required to have the metering equipment
necessary to monitor and verify that they are actually achieving the
reductions.  Enron has developed an on-line auction software package, &Deal
Bench,8 that it would be willing to contribute to the effort.

Use Price Signals to Incent Voluntary Curtailment
To be successful, customers need access to the following key elements:

An internet based hour-ahead price posting system to track the market price
for hour-ahead power in real time.
Real-time metering systems for baseline demand and voluntarily curtailment
verification.
Settlement process that allows for market clearing prices of energy to be
paid for load reduction (&Negawatts8).

The potential benefits of an effective demand response program would include:

&creation8 of additional summer peaking capacity in California, particularly
in the short term, without requiring construction of additional generation
resources.
reduction of  peak or super-peak load on the over-stressed California
electric system, thus potentially reducing the overall cost of electricity in
the state.
fostering of demand elasticity without subjecting customers to the full risk
of hourly market price volatility by passing market price signals to
customers and allowing them to voluntarily shed load and be compensated for
responding.

We estimate that we could generate a summer 2001 on-peak demand response in
excess of 400 MW during certain high cost hours, and a demand response for
summer 2002 on-peak hours that could exceed 1000 MW.  We further estimate
that the market response to this program from all ESPs could be 2 to 3 times
that amount.  We recommend that the State of California provide rebates
directly to customers to fund the installation of advanced metering and
control systems that would support load curtailment implementation.

Establish a truly competitive retail electricity market*Legislative vehicle:
SB27X
The only customers who were protected from price volatility in San Diego were
customers who chose Direct Access and signed fixed price deals with energy
service providers.  Ironically, AB1X takes that important option away from
customers and businesses.  It is critical that AB1X be amended to remove the
prohibition against Direct Access.

Enron's legislative proposal would give customers freedom to enter into a
direct access transaction, while simultaneously addressing the Department of
Water Resources' concerns about stranded power costs that might result from
customer migration.

In addition, California will only achieve a competitive retail market when
the utility is removed completely from the procurement function.  Procurement
is not a utility core competency, as evidenced by the dire financial
condition in which the utilities now find themselves.  California should
therefore begin immediately to phase the utility out of the procurement
function entirely, with the goal of having all customers served by a
non-utility provider within 36 months.  To execute the transition, California
should hold a series of competitive solicitations over the 36-month period in
which competing service providers would bid for the right to serve segments
of utility load.

Return California,s Investor-owned utilities to solvency*Legislative vehicle:
AB18X
Utility bankruptcy will not increase supply and it will not decrease demand.
In short, bankruptcy does nothing to solve California,s supply-demand
imbalance.  In addition, bankruptcy increases the likelihood that consumers
and businesses will bear the significant financial risks of having California
State government assume the role of &electricity buyer8 for an extended
period of time.  Finally, bankruptcy will undermine both investor confidence
in California's energy markets and the private sector's willingness to
participate in that market.

California can return the utilities to financial solvency by implementing a
series of staged rate increases.  California should design those rate
increases with the dual goal of returning the utilities to solvency without
&shocking8 the economy or household budgets For example, California could
amortize the recovery of the utilities, past debt over a 5-10 year period.
In addition, the magnitude of the rate increase can be reduced in two ways:
First, the utilities could absorb some portion of their existing debt in
recognition of the risk they accepted when they agreed to the structure of AB
1890.  Second, California can &net8 the revenues the utilities have received
from selling electricity into the Power Exchange against the debts they have
accrued due to the retail price cap.


you, too. thanks.


UBS hasn't put you to work yet?!?

-----Original Message-----
From: Parks, Joe [mailto:Joe.Parks@enron.com]
Sent: Tuesday, January 15, 2002 9:58 AM
To: chad knipe; Chet Fenner; EriK Wollam; Brian Constantine
Subject: RE: duuuuhhhhh

bored, would you like to come to work with me

-----Original Message-----
From: chad knipe [mailto:knipe3@msn.com]
Sent: Tuesday, January 15, 2002 9:04 AM
To: Chet Fenner; EriK Wollam; Brian Constantine; Parks, Joe
Subject: duuuuhhhhh

For the love of god, I just can't seem to work or focus on anything these days..........is there anything in season or left to kill??!!!  I need holiday/hunting rehab.
I didn't drink last night for the first time in about 3 mos.--maybe thats the problem.

bored.
C.

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


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 Player Updates?NBA Reports?
 Latest NBA Player News

 Elliot Perry , G PHO - Free Agent Updated 12/08/00
 The Suns have signed veteran guard Elliot Perry.  He will be used primarily
as Jason Kidd's backup but has limited Fantasy value.

 Chris Dudley , C PHO - Free Agent Updated 12/08/00
 Dudley was activated from the injured list and started in Thursday's game at
Milwaukee.  With the lack of depth at center, Dudley could be of good use in
a larger Fantasy league, but don't use him in a smaller one.

 Ruben Garces , F PHO - Free Agent Updated 12/08/00
 Garces was placed on the injured list to make room for C Chris Dudley.
Garces is suffering from a bulging disc in his back.  He is used primarily as
a third center so he doesn't have a lot of Fantasy value.

 Donyell Marshall , F UTA - Free Agent Updated 12/08/00
 Marshall had missed the two games prior to Thursday's action because of a
sprained knee, but returned to the lineup against Vancouver and had seven
points and three rebounds in 14 minutes.  Because Marshall comes off the
bench he doesn't have much Fantasy value.  But with him back in the rotation
forwards Karl Malone and Bryon Russell will play less minutes now.

 Carlos Rogers , F HOU - Free Agent Updated 12/08/00
 Rogers will be sidelined indefinitely after suffering a sprained knee.  He
is a reserve forward with very little Fantasy value but his absence will
force the starting frontcourt to play more minutes.  This could have positive
or negative affects on their production.  If you have Houston frontcourt
players on your roster monitor them to see if they flourish or flounder under
the current conditions.

 Donnell Harvey , F DAL - Free Agent Updated 12/08/00
 Harvey has been activated from the injured list to make room for the injured
Greg Buckner.  Harvey is a solid rebounder but won't receive enough playing
time to be a valuable Fantasy player.

 Greg Buckner , G DAL - Free Agent Updated 12/08/00
 Buckner will undergo surgery early next week to remove a cracked bone spur
on his right foot.  The surgery could sideline Buckner for 6-8 weeks.  Rookie
Donnell Harvey was activated form the injured list to make room for
Buckner.   This is the second time this season that he has been sidelined
with the same injury.  Fantasy owners should avoid Buckner for he rest of the
season or until he is playing and producing on a consistent basis again.

 Charles Oakley , F TOR - Free Agent Updated 12/08/00
 Oakley has served his league-imposed suspension and is eligible to return to
the Raptors' lineup for Friday night's game at Golden State.  "Oak," who was
suspended for punching Clippers' point guard Jeff McInnis, has Fantasy value
as a rebounder only, and isn't considered a real commodity outside of deeper
leagues.

 Vince Carter , G TOR - Denvers Nuggets Updated 12/08/00
 Although the team is calling him a game-time decision, it looks as though
Carter will return to the court on Friday night against the Golden State
Warriors.  Carter practiced with the team on Thursday, and is exciting about
the prospect of playing against his former Tar Heel teammate,  Antawn
Jamison. All signs point towards Carter's return by this weekend at the very
latest, so add a little "Vinsanity" to your starting lineup next week.

 Grant Hill , F ORL - The Wave Updated 12/08/00
 Hill was a game time scratch on Thursday night against the Nuggets. The
Orlando Sentinel is reporting that Hill is expected to return to the court on
Monday when the Magic travel to Los Angeles for a date with the Clippers.
Hill's return is long overdue for Fantasy owners who held onto his rights
this season. Unless you have a number of solid forwards on your roster, give
Hill the start this week pending any setbacks.

 Hidayet Turkoglu , G SAC - Free Agent Updated 12/07/00
 Turkoglu is suffering from a shoulder injury and is questionable for
Friday's game against Houston.  He is a key reserve on the Kings' team but
has very little Fantasy value.

 Steve Nash , G DAL - Free Agent Updated 12/07/00
 Nash returned to action against the Knicks Wednesday after missing two
straight games because of a calf injury.  He didn't seem to be bothered by
the injury as he scored 14 points and dished off for six assists.  It is now
safe to play Nash on your Fantasy team again.

 Donyell Marshall , F UTA - Free Agent Updated 12/07/00
 Marshall is recovering from a sprained knee and is questionable for
Thursday's game against the Grizzlies.  Look for starters Bryon Russell and
Karl Malone to play extra minutes in his absence.  Avoid using Marshall until
he appears to be fully recovered.

 Kevin Garnett , F MIN - Farragut Academy Updated 12/07/00
 Garnett hurt his right ring finger in Tuesday's game and was scheduled to
have it examined Wednesday.  He is expected to play against the Wizards
Thursday.  Monitor Garnett's situation.  Something as simple as an injured
finger on his shooting hand could lead to an offensive slump and affect his
Fantasy numbers.

 Terry Davis , F DEN - Free Agent Updated 12/07/00
 Davis will be eligible to come off the injured list Sunday but Achilles
tendonitis in his right leg is expected to keep him sidelined a little bit
longer.  He has been injury prone throughout his career and doesn't have much
Fantasy value.

 Antonio McDyess , F DEN - The Rounders Updated 12/07/00
 McDyess suffered a bruised right shin in Wednesday's game against the Heat
and is questionable for Thursday's matchup against the Magic.  Keon Clark
will start at power forward if McDyess is unable to play.  The leg is sore
now but look for McDyess to be back to normal in a few days.

 Grant Hill , F ORL - The Wave Updated 12/07/00
 Hill may be ready to return to the court for Thursday night's game against
the Nuggets. He has missed most of the season with an ankle injury, but he
practiced on Wednesday, and all indications signal his return to the court.
"I can't give you the official thumbs up," said Head Coach Doc Rivers, "but
it looks good." Fantasy owners who have been waiting for Hill's return will
likely get him back in time for next week, when Orlando embarks on a
four-game West Coast road trip.

 Gary Trent , F DAL - Free Agent Updated 12/07/00
 According to The Dallas Morning Star Mavericks owner Mark Cuban is hopeful
that Trent will travel on the Mavericks' next road trip, a six-game swing on
the East Coast.  Trent is not expected to be activated on the trip but could
be back in action in another two weeks.  He has been sidelined since the
first preseason game with a strained upper abductor muscle.  Trent is a good
inside scorer and a solid rebounder but is injury prone.  When he does return
Fantasy owners should refrain from picking him up unless they desperately
need a forward.

 Stephon Marbury , G NJ - The Old School Fools Updated 12/07/00
 Marbury missed his second consecutive game on Wednesday night because of an
ankle injury. He turned the ankle last  Friday night in Orlando, then turned
it again the following night against the Magic back in New Jersey. He is
still lacking some of his explosiveness, but says that the pain in the ankle
is diminishing. Marbury hopes to return on Friday night when the Nets host
the Phoenix Suns. Fantasy owners who lost Marbury last week should have their
star point guard back in time for next week's roster changes.

 Vince Carter , G TOR - Denvers Nuggets Updated 12/07/00
 Carter was in uniform for Wednesday night's game against Portland, but he
didn't see any playing time. "Air Canada" said that he felt well enough to
play, but team doctors wouldn't give him permission to get in the game. "We'd
like to have him back as soon as possible," said Head Coach Lenny Wilkens,
"but we're not going to bring him back before he's ready." Toronto finishes
their three-game West Coast swing on Friday night against Golden State, at
which time Carter hopes to make his return. The Raptors' star should be back
before Monday, so most Fantasy owners can re-insert him into their lineup in
time for next week.

 Andre Miller , G CLE - The Rounders Updated 12/07/00
 Miller took a knee to the nose during Wednesday night's game at Chicago
which sent him to the bench temporarily. He returned to the game with a
vengeance, finishing with 20 points, 14 assists and seven rebounds in
Cleveland's 92-88 victory. The shot to the nose won't keep Miller from
missing any playing time, so continue to use the young point guard in your
starting lineup.

 Elton Brand , F CHI - Denvers Nuggets Updated 12/07/00
 Brand missed his second consecutive game on Wednesday night against
Cleveland. He is reportedly making progress with his hyperextended left knee,
and has been able to run on a treadmill this week.  Brand is listed as day to
day, and says that he has about a 50 percent chance of playing on Friday
night against Dallas. With most roster changes occurring on Monday, Fantasy
owners should be able to put the Bulls' star back in their lineup for next
week's games.

 Eric Snow , G PHI - Rude Boys (Not) Updated 12/06/00
 The 76ers will be without Snow for six to eight weeks after a CT scan
Wednesday showed a stress fracture in his right ankle. He was second on the
team with a career-high 12.2 ppg, and led the Sixers with 6.6 assists per
contest. Although Philadelphia sports a deep roster, one can't help but
assume this will have an impact on the team's fortunes for Fantasy purposes.

 Chris Dudley , C PHO - Free Agent Updated 12/06/00
 Dudley will travel with the Suns on their end of the week road-trip that
starts in Milwaukee Thursday.  He will most likely be questionable for all
the games.  Look for him to finally return to action next week.  With Dudley
out of the lineup Corie Blount and rookie Daniel Santiago will continue to
get playing time.  With the lack of depth at center, Dudley's rebounding
makes him a starter on your Fantasy team if you are using a reserve in his
position.

 Chris Mills , F GS - Free Agent Updated 12/06/00
 Mills is doubtful for Wednesday's game against the Lakers because of pain in
his right ankle.  He was scheduled to see a foot specialist on Tuesday and
underwent surgery last season to remove bone spurs from the ankle.  Sit Mills
on your Fantasy bench for now.  If you are playing in a small league drop him
from your roster and add another forward.

 Ron Mercer , G CHI - The Old School Fools Updated 12/06/00
 Mercer sat out of Tuesday's game against the T'Wolves because of the flu.
Corey Benjamin started at shooting guard in place of Mercer.  Mercer's status
for Wednesday's game is up in the air.  He has been a major disappointment so
far this season.  If you play in a deep Fantasy league keep him on your
roster, if you are in a smaller one look to make an upgrade at guard.  The
way Mercer has been producing you shouldn't have a hard time finding a better
guard.

 Jerome Williams , F DET - Free Agent Updated 12/06/00
 Williams sprained his ankle in Tuesday's game against the Grizzlies and is
questionable for Wednesday's contest at Seattle.  The ankle will probably
limit Williams' production in the next few games so use a healthy forward
instead.

 Billy Owens , F DET - Free Agent Updated 12/06/00
 Owens strained his right biceps in Tuesday's game against Vancouver.  He has
actually been productive this season when healthy, but don't gamble on him.
Owens has been injury prone throughout his career and is too risky a player
to take a chance on.  Use a more durable player instead.

 Joe Smith , F DET - Free Agent Updated 12/06/00
 Smith got his first start as a Piston Tuesday at power forward.  He scored
12 points and grabbed eight rebounds.  With his promotion into the starting
lineup it is now safe to start Smith on your Fantasy team.  With an increased
role Smith will be a consistent rebounder and scorer.

 John Wallace , F DET - Free Agent Updated 12/06/00
 Wallace was placed on the injured list due to tendonitis in his left knee.
He is a good offensive player but his shortcomings on defense have limited
his playing time.  His lack of playing time prevents him from being a
productive Fantasy player so avoid using him in your league

More Updates

Copyright 2000 Commissioner.COM Inc and SportsLine.com Inc.
Your site is always at http://basketball.commissioner.com/efba

BK10SP


Hello,

Tomorrow is Bosses Day.  I know it is kinda late notice but does anyone have ideas for Bob S.???

Brandee Jackson
713-345-4013


Name  Robin Rodrigue
E-Mail  Robin.Rodrigue@enron.com
Title  Analyst
Phone  5-7478
Location  3256a
Department  Gas Risk Management
Company Name  EWS
Company Number  083E
Cost Center  103845
Rotation Start Date 3/15/00
Supervisor  David Baumbach

Karen Davis@ENRON
01/04/2001 03:33 PM
To: Marc Sabine/NA/Enron@ENRON, Mark Castiglione/Corp/Enron@ENRON, Ryan
Synnott/HOU/ECT@ECT, Robin Rodrigue/HOU/ECT@ECT, Binh Pham/HOU/ECT@ECT,
Rahmaan Mwongozi/Corp/Enron@ENRON
cc:
Subject: Information Request

We are in the process of updating our database for billling purposes and we
need your Rotational information.  Please complete the below information and
forward to me ASAP.

Name
E-Mail
Title
Phone
Location
Department
Company Name
Company Number
Cost Center
Rotation Start Date
Supervisor


Talked to Prentice.  She's up for golf, so expect us Saturday night.

Best,
Jeff

P.S. Don't forget to water!


This is the document which controls our base equity contributions and our
contingent support.  It is not the final version and is currently being
turned to reflect the sponsor's comments from Friday 12/15/00
---------------------- Forwarded by Rob G Gay/NA/Enron on 12/20/2000 09:49 AM
---------------------------

"RACITI, Melissa" <melissa.raciti@freshfields.com> on 11/17/2000 07:39:48 PM
To: acestero@velaw.com, "Adriana Mathias Baptista (E-mail)"
<amb@tfts.tozzini.com.br>, af@tozzini.com.br, alejandra.arze@citicorp.com,
ameyer@mmso.com.br, "Ana beatriz kesselring"
<ana.beatriz.kesselring@bakernet.com>, "Ana Silvia Dias"
<ana.silvia.dias@bakernet.com>, "Anabela de Oliveira"
<Anabela.DeOliveira@chadbourne.com>, anakarinasouza@mmso.com.br, "Analia
Miqueri (BFM&L) (E-mail)" <am@bfmyl.com.ar>, "Anamaria Rosenthal"
<anamaria.rosenthal@bakernet.com>, "Andrea Gavino (E-mail)"
<Andrea.Gavino@enron.com>, andrea.arze@citicorp.com, "Andreia Almeida"
<andreia.almeida@enron.com>, "Andrew Pierrie (E-mail)"
<ayp@dentonwildesapte.com>, "Barbara Boehm" <bboeh@opic.gov>,
barry.k.pettifor@uk.pwcglobal.com, bbilger@velaw.com, "Beatriz Mello"
<beatriz.mello@bakernet.com>, "Blanca Bollom" <blanca.bollom@enron.com>,
"Bradley Barta" <bradley.barta@stoneweb.com>, brian.gilbertson@stoneweb.com,
"BURKE, Ted (TDB)" <ted.burke@freshfields.com>, caio@mmso.com.br, "Carolina
Galvao" <carolinagalvao@tozzini.com.br>, "Chaim Wachsberger (E-mail)"
<chaim.wachsberger@chadbourne.com>, chris.m.j.dutton@si.shell.com, "Christian
Huizer (E-mail)" <Christiaan.Huizer@enron.com>, "Claudia Bonelli"
<ceb@tozzini.com.br>, claus-michael.koch@kfw.de, "Cliff Rankin"
<crankin@velaw.com>, cuiabaclosing@tozzini.com.br, dalaniz@velaw.com,
"Daniela Serpa" <daniela.serpa@citicorp.com>, "David Schumacher (E-mail)"
<david.schumacher@chadbourne.com>, "Deia Holzmann"
<deia.holzmann@citicorp.com>, "DELPINO, Fiorella"
<fiorella.delpino@freshfields.com>, "ELORZA, Juliana"
<juliana.elorza@freshfields.com>, "Fatima Carr" <fatima.a.carr@bakernet.com>,
"Fernando Aguirre (E-mail)" <faguirre@caoba.entelnet.bo>, "Fernando Rojas
(E-mail)" <fernando@rojas-lawfirm.com>, fferraz@mmso.com.br, "Frank Kluesener
(KfW) (E-mail)" <Frank.Kluesener@kfw.de>, g.g.garcia@enron.com, "gabriela
marques" <gabrielamarques@felsberg.com.br>, gordon.combs@stoneweb.com, "Gra?a
Pedretti" <gracapedretti@felsberg.com.br>, "haloliver@aol.com"
<holiver83@aol.com>, "Heloisa Andrade (E-mail)" <hsfa@tozzini.com.br>,
hercules.celescuekci@bakernet.com, hns@maples.candw.ky, "Ivan Bole (BFM&L)
(E-mail)" <ib@bfmyl.com.ar>, "Javier Errecondo (BFM&L) (E-mail)"
<je@bfmyl.com.ar>, jeff.moore@stoneweb.com, jenp@tozzini.com.br,
jlowenthal@mmso.com.br, "Joana Ryan" <joana.ryan@enron.com>, "Joao Francisco
Regos" <joaofrancisco.regos@bakernet.com>, "John Barquin"
<jbarquin@velaw.com>, "John Novak" <jnovak@enron.com>,
jorge.garoufalias@citicorp.com, "Jose Bestard" <jose.bestard@enron.com>,
"Jos, Roberto Martins" <j.roberto.martins@bakernet.com>, "Juan Carlos Moreno
(E-mail)" <jcmoreno@indacochea.com.bo>, "Karla Wurth (E-mail)"
<kwurth@indacochea.com.bo>, "Karl-Heinz Wellmann (KfW) (E-mail)"
<Karl-Heinz.Wellmann@kfw.de>, kevin.fitzpatrick@stoneweb.com, "Kruskaia
Sierra-Escalante (E-mail)" <kse@chadbourne.com>, "Laine Powell"
<Laine.A.Powell@enron.com>, loftsg@brazil.kben.com, "Louis Piscitelli"
<louis.piscitelli@citicorp.com>, "Maria del Carmen Ballivian (E-mail)"
<mariac@rojas-lawfirm.com>, "Mary Mervenne (E-mail)" <mmerv@opic.gov>,
"Matthew Jones (E-mail)" <MNJ@dentonwildesapte.com>, mbeckworth@velaw.com,
mike_g._Bignell@sedgwick.com, "Nancy Rivera (E-mail)" <nrive@opic.gov>,
"O'BRIEN, Lisa" <lisa.obrien@freshfields.com>, "Pablo Rojas (E-mail)"
<pablo@rojas-lawfirm.com>, pandrade@freshfields.com, "Pedro Seraphim"
<pgs@tozzini.com.br>, qys@ceibo.entelnet.bo, "RACITI, Melissa"
<melissa.raciti@freshfields.com>, "Renata Araujo" <raraujo@velaw.com>,
"Ricardo Indacochea (E-mail)" <rindacochea@indacochea.com.bo>, "Ricardo
Nogueira" <ricardonogueira@felsberg.com.br>, "Ricardo Sanches"
<ricardosanches@felsberg.com.br>, richard.a.lammers@enron.com,
rndr@amcham.com.br, rnovais@mmso.com.br, "Rob Gay" <rob.g.gay@enron.com>,
"Robert Shapiro (E-mail)" <robert.shapiro@chadbourne.com>, "Roberto La Laina
(E-mail)" <rlalaina@tozzini.com.br>, "Rodd Werstil"
<Rodd.Werstil@chadbourne.com>, "Rodrigo Sales (E-mail)"
<Rodrigo.Sales@BakerNet.com>, russell.ridgway@stoneweb.com,
ruth.a.crawford@si.shell.com, sbaratta@sewkis.com, scraw@opic.gov, "SHAKOOR,
Fiona"
<IMCEAEX-_O=FRESHFIELDS_OU=USA-NEW+20YORK_CN=RECIPIENTS_CN=FSHAKOOR@freshfield
s.com>, starry@velaw.com, "Stefan Unna (C&P) (E-mail)"
<stefan.unna@chadbourne.com>, "Stephen Coats" <scoats@velaw.com>,
stephen.gray@enron.com, "Steve Muller" <smiller@velaw.com>,
susan.garven@stoneweb.com, susanna.stern@citicorp.com,
terri.powers@stoneweb.com, "Thomas Felsberg"
<thomasfelsberg@felsberg.com.br>, "Thomas Mahaffey (E-mail)"
<tmaha@opic.gov>, turton@brazil.kben.com
cc:

Subject: Equity Contribution Agreement

This e-mail is confidential and may well also be legally privileged. If you
have received it in error, you are on notice of its status.  Please notify us
immediately by reply e-mail and then delete this message from your system.
Please do not copy it or use it for any purposes, or disclose its contents to
any other person:  to do so could be a breach of confidence.  Thank you for
your co-operation.  Please contact our
IT Helpdesk on +44 (0) 20 7936 4000 Ext.2000 or email ITHelp@freshfields.com
if you need assistance.
==================================================

Attached are clean and blacklined copies of the revised Equity Contribution
Agreement.  The blacklined copy is marked to show changes from the draft
thereof dated 11/3/00.

The Lenders did not have the prior opportunity to review the attached and,
therefore, it remains subject to their comments.

In light of the Thanksgiving holiday next week, the Lenders would prefer to
discuss the attached during the week of November 27.

Best regards.

 - COMPARE001.DOC
 - NY991050085.DOC


Tetco k#892722, deal 207137 was terminated eff 4/1/2000.

FYI


Oh boy
 -----Original Message-----
From: 	"Runnels, David" <davidrunnels@akllp.com>@ENRON [mailto:IMCEANOTES-+22Runnels+2C+20David+22+20+3Cdavidrunnels+40akllp+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Tuesday, June 19, 2001 11:32 AM
To:	Aronowitz, Alan; Wu, Andrew; Ballard, Ann; Anne Koehler (E-mail); Gray, Barbara N.; Clark, Barton; Rapp, Bill; Funk, Brenda L.; Sole III, Carlos; St. Clair, Carol; Abrams, Clement; Harkness, Cynthia; Dan Rogers (E-mail); Lyons, Daniel; Daniel Hyvl (E-mail); David Bargainer (E-mail); David Lund (E-mail); Koogler, David; Debbie Asmus (E-mail); Culver, Deborah; Labanowski, Elizabeth; Sager, Elizabeth; Sayre, Frank; Bahlmann, Gareth; Melman, Gil M.; Greer Mendelow (E-mail); Harlan E. Murphy (E-mail); Derrick Jr., James; Janet Moore (E-mail); Janice Moore (E-mail); Hodge, Jeffrey T.; Grace Jr., James; Ephross, Joel; John Ale (E-mail); Schwartzenburg, John; Mintz, Jordan; Murray, Julia; Julia Chin (E-mail); Cline, Wade; Mann, Kay; Higgason, Kelly; Kimberly Wilkie (E-mail); Mordaunt, Kristina; Mellencamp, Lisa; Stoler, Lou; Castano, Marianne; Mark Haedicke (E-mail); Taylor, Mark; Moran, Michael P.; Hicks, Michelle; Maynard, Michelle; Molly McGuire Sample (E-mail); Jordan Richards, Monica; Corbet, Nancy; Ned Crady (E-mail); Dobin, Nora; Peter del Vecchio (E-mail); Randel Young (E-mail); Rogers, Rex; Richard B Sanders (E-mail); Rossi, Robbi; Williams, Robert C.; Eickenroht, Robert; Robert Walls (E-mail); Engeldorf, Roseann; Shackleton, Sara; Dieball, Scott; Butcher, Sharon; Tweed, Sheila; Daniel, Shonnie; Stacy Dickson (E-mail); Stephen Van Hooser (E-mail); Zisman, Stuart; Bulgawicz, Susan; Bushman, Teresa G.; Tim Dorsey (E-mail); Mccullough, Travis; Victoria Tkachenko Sharp (E-mail); W. Lance Schuler (E-mail); Greenberg, Mark; Wallace, Stephen; Ralston, Andrew; Daniels, Eddy
Subject:	AK and MDCK Merger Announced.WPD

  Attached please find a copy of the press release that was posted this
morning.  We have been working on this opportunity for some number of
months and are delighted to share the good news with you.  We feel that
Mayor Day's business law and litigation talent complements A&K's to
create a true Houston powerhouse to better serve your needs.  I intend
to spend as much time as I can in the next few weeks to see you in
person and answer any questions you may have and to introduce you to the
fine Mayor Day lawyers we are bringing on board.  In the meantime,
please feel free to call me 713.220.4161.  We very much value our
relationship with the Enron Legal Department and look forward to
continuing to maintain and expand the work we do with you!

 AK and MDCK Merger Announced.WPD
 <<AK and MDCK Merger Announced.WPD>>
 - AK and MDCK Merger Announced.WPD


The following meters were shut-in for approximately 12 Hours beginning
approximately 3:00 AM on Sunday, Feburary 6 due to high pressure on the Tom
O'Connor system.

0989703 Sarco Creek
0984654 Dennis O'Connor
0989708 C E Swyka
0989751 Allison
0984273 Copano #1
0984273 Copano #2
0984126 Copano #3
0984136 Lake Pasture
0986511 Huff Fld Common Point #4
0989709 O'Connor BP Central Point

If you have any questions please feel free to call me at 36449.

Thanks
Gary


This is a post only message. Please do not reply to this e-mail.  If you do not wish to receive e-mail notifications in the future, please e-mail us at seminars@aei.org, and we will take your name off the list.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
ROK-U.S. Alliance: Working Together for Lasting Peace on the Korean Peninsula

Monday, June 11, 2001, 10:00 a.m.*2:00 p.m.
Wohlstetter Conference Center, Twelfth Floor, AEI

As the first anniversary of Republic of Korea president Kim Dae-jung's historical trip to Pyongyang last June draws near, leading members of Korea's Millennium Democratic Party (MDP) as well as Korean and American public policy experts will gather at AEI to discuss the possible process of unification of the two Koreas. Panelists will examine the present situation, the economic, social, legal, and policy implications of an eventual reconciliation and cooperation between the two Koreas, as well as the role of the United States in assuring a lasting peace in the area. Minister of Foreign Affairs and Trade Han Seung-soo of the Republic of Korea will deliver a special luncheon address.

9:45 a.m.	Registration

10:00		Welcome:		Arthur Waldron, AEI
				Yoo Jay-kun, MDP

		Presentation:	Stephen Bosworth, Tufts University
				Moon Chung-in, Yonsei University

		Discussants:	Nicholas Eberstadt, AEI
				Kim Un-yong, MDP
				Yoo Jay-kun, MDP

		Moderator:	James R. Lilley, AEI

12:30 p.m.	Luncheon

		Introduction:	Christopher DeMuth, AEI

		Speaker: 	Han Seung-soo, Ministry of Foreign Affairs and Trade

2:00 		Adjournment

I will attend the conference on Monday, June 11.

Name:
Title:
Affiliation:
Address:
City/State/Zip:
Telephone: 	   Fax:   _______________________________________
E-mail:
		?	Please check if this is a new address.

You may register online at www.aei.org/inv010611.htm, or fax this form to 202.862.7171,
or mail this form to Conferences, American Enterprise Institute, 1150 17th Street, N.W., Washington, DC 20036.

For additional information, please contact MengHao Zhao at 202.862.5805.


One group needs to mark curves.   I personally think it is easier for us to mark curves because we have traders in every region.   I simply need to make it a priority again.   I can go either way, though.   We definitely don't want two sets of curves.

Let me know.

 -----Original Message-----
From: 	Herndon, Rogers
Sent:	Tuesday, January 29, 2002 2:27 PM
To:	Presto, Kevin M.
Cc:	Racicot, Paul; Albrecht, Kristin; Arora, Harry
Subject:	Estate Power Curves

Kevin -

We are developing a process to mark estate curves.  We will be fully marking by Thursday (including vol curves) except possibly the West (still working on).  Is your group currently marking estate curves (I think someone dropped the PJM cash curves today)?  I think we should probably let the estate group begin this process so that they can be ready to go when UBS takes over - your thoughts?

Kristen/Kevin - can we differentiate effective now between estate/netco curve manager so that we can start a parallel process?

Thanks,
RH


CALENDAR ENTRY:	APPOINTMENT

Description:
	Market Area Rollout/Shane/Mike/Sheila Lynn's Office

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

Chairperson:	Outlook Migration Team

Detailed Description:


Chris, this sounds good.  It would be helpful for us (the overall power
business) to have a common set of metrics and reports that evaluate the
effectiveness and importance of the mid market effort.  I think we all
believe this is an important skill or capability that needs to measured and
rewarded.

Key metrics may include: a)coverage metrics against target customers (ie)
customer contact ;b) forward deal flow or hot list; c)completed transactions
and origination; and d) EOL customer sign-ons and deal flow.

I look forward to sitting down to discuss.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 09/27/2000
12:28 PM ---------------------------
From: Chris H Foster on 09/25/2000 03:46 PM PDT
To: David W Delainey/HOU/ECT@ECT
cc: Tim Belden/HOU/ECT@ECT, Edward D Baughman/HOU/ECT@ECT, Greg
Wolfe/HOU/ECT@ECT
Subject: Re: EPMI WEST - Recent Trades with Long term Duration

Dave:

I spoke with Ed Baughman about the reports he is generating to measure Middle
Market Group "coverage" in the East.  I also met with Greg Wolfe. and Tim B.
to get their feedback as to how the East Desk Middle Market Reports reports
should be used/modified for the West.  As a result of these discussions,
along with discussions with others in the Middle Market Group, effective
October 1, we will begin to more systematically measure certain behaviors,
such as customer telephone calls, in addition to origination.  By focusing on
behaviors, and not simply results, our hope is to expand the pool of
customers and information and improve our marketing effort.  I will be
working with Ed to try to standarize the approach within EPMI.

It is my understanding that you will be in Portland for a QBR toward the end
of October.  I look forward to reviewing our plans for coverage metrics and
our first results with you then.

Let me know if you want to discuss this approach prior to your visit.

Thanks!

Chris

David W Delainey
09/15/2000 03:07 PM
To: Chris H Foster/HOU/ECT@ECT, Greg Wolfe/HOU/ECT@ECT
cc: John J Lavorato/Corp/Enron@Enron, Tim Belden/HOU/ECT@ECT, Christopher F
Calger/PDX/ECT@ECT, Tammy R Shepperd/HOU/ECT@ECT
Subject: EPMI WEST - Recent Trades with Long term Duration

Guys, I appreciate the quality work and deal flow that you are generating.
In an effort to measure and reward performance from our middle market groups
we have attempted to come up with several standardized reports to be issued
monthly and to be reviewed at the QBR.  I am a strong believer in that what
is measured and rewarded gets done.  As well, the middle market capability is
crucial to the continued growth of our business; therefore, reporting metrics
which define high performance will ensure great deal makers get rewarded and
that  you will be able to attract high quality talent into the mid market
groups.  Baughman and Presto have created a number of reports and metrics for
the East Power group, I would like you to take a look and let me know how
they should be changed to reflect the business in the West.  Upon agreement
on the metrics, I would like issue these reports on a monthly basis.

Tammy Sheppherd will get you a copy of the reports/metrics utilized in the
East.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 09/15/2000
04:51 PM ---------------------------

	From:  Chris H Foster                           09/07/2000 02:17 PM

To: David W Delainey/HOU/ECT@ECT, John J Lavorato/Corp/Enron@Enron
cc: Christopher F Calger/PDX/ECT@ECT, Tim Belden/HOU/ECT@ECT
Subject: EPMI WEST - Recent Trades with Long term Duration

Dave/John:

As you know, EPMI West recently has closed numerous longer-dated transactions
(through 2002 and beyond) with munis and other direct counterparties (not
marketers).  Several of these resulted due to close coordination between the
Originator from Chris Calger's Group, the Middle Marketer and the Trader,
each with a different role, working out the split of origination to
everyone's satisfaction. Tim Belden (see below) thought you might be
interested in the attached spreadsheet listing some of these key deals done
this year.

Please let me know if you want further details on the transactions
(503/464-3822).

Thanks!

Chris

---------------------- Forwarded by Chris H Foster/HOU/ECT on 09/07/2000
12:00 PM ---------------------------
From: Tim Belden on 09/06/2000 06:39 PM
To: Chris H Foster/HOU/ECT@ECT
cc:
Subject: Long Term Deals

Could you please send an e-mail to Delainey, Lavorato, and Calger summarizing
our long term deals done this year.  It should be pretty short with just the
facts.  The deals I can think of are Kaiser, Roseville, Santa Clara, Redding,
and Merced.  They didn't ask for it, but I think it would be nice to do a
quick, short, sweet piece of Portland Orig/Middle Market PR.  Let me know
your thoughts.


The elegance of your commentary has left me speechless.

To: Susan M Scott/HOU/ECT@ECT
cc:
Subject: Re: Parlez Francais

Uh huh.


I glanced at the power product description (what I could see of it) - Is it
definately a physical transaction?  where does the power get delivered?  If
it really is physical, I'll need to get one of the power trading lawyers to
look it over.

Dale Neuner on 01/25/2000 02:30:10 PM
To: Ted Murphy/HOU/ECT@ECT, Jeff Blumenthal/HOU/ECT@ECT, Michael E
Moscoso/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Rudi
Zipter/HOU/ECT@ECT
cc: Eugenio Perez/HOU/ECT@ECT, Carrie Southard/HOU/ECT@ECT, Tara
Sweitzer/HOU/ECT@ECT, Torrey Moorer/HOU/ECT@ECT, Jennifer deBoisblanc
Denny/HOU/ECT@ECT, Michael Etringer/HOU/ECT@ECT, Patrick Markey/HOU/ECT@ECT
Subject: Please approve two new Product Types

Two new Product Types have been created and require approval. In the
DataManager you will find:

US Jet Kero Fin Swap - which you will find in Partialy Approved

and

US West Power Phy Spd - which you will find in Awaiting Approval.

The automated e-mail function associated with the notification of parties
when a Product Type is created or approved is not functioning, and we are
working to have the problem fixed. In the interim, please approve the Product
Types and send me an e-mail when you are done.

As you would expect the respective commercial areas are eager to have these
Product Types availabble for trading.

Dale
3-9746


ENA is waiting for a blackline from Harvard's outside lawyer which should
incorporate all previous discussions.  Until that time, we cannot be certain
that Harvard has incorporated all of our comments and concessions.  Sara

Per:  Do you want to have a conference call with all of us?


Read it and weep guys....

Susan may not be very bright...but at $240k/year she doesn't really need to be.....

http://www.sco.ca.gov/power_page/consulting_contracts.htm

Jim Buerkle
Manager
West Origination
Enron North America
121 SW Salmon St. 3WTC 0306
Portland, OR 97204

(503) 464-3832 (Office)
(503) 702-4604 (Mobile)
(503) 464-3740 (Fax)
jim.buerkle@enron.com


Ben:

I talked to the admissions people last week.  They had not made a decision
but said that your GMAT score is a potential problem.  You may need to
either retake the exam or somehow document any disability that would bias
the score.

I hope that this works out -- I know that you will be a great addition to
our Energy Finance Program.

Sheridan

At 01:36 PM 3/6/00 -0600, you wrote:
>
>
>Professor Titman:
>I received an e-mail from Meg Brooks in the admissions office stating that I
>would be hearing from them this week.  I hope things work out and I can be
>contributing to and learning from the program next year.  Thanks again for
all
>your help.  Hope to hear from you soon.
>Ben
>
>
>
Sheridan Titman
Department of Finance
College of Business Administration
University of Texas
Austin, Texas 78712-1179

512-232-2787 (phone)
512-471-5073 (fax)

titman@mail.utexas.edu


Attached is a mini dash that summarizes the proposed deal to grant a license for POPS to AEP.  Please review and let me know of any issues, questions or concerns.

Yesterday evening AEP sent some last minute changes to the license agreement primarily dealing with arbitration.  I will be meeting with Barbara Gray and my counterpart from AEP, Dave Banks, tomorrow to nail down this agreement.  I'd like to get signatures on Friday so that we can move forward with getting our first payment and then start the process of delivering the application.

On a related note there have been some issues between AEP and Enron on the commercial side of the business.  Louise Kitchen and Eric Vanderwalde are involved in working through those issues.  Brian Redmond has asked that we call him before executing this agreement.

Tommy J Yanowski
713.853.6858


I'm getting hourly updates.  I haven't talked to John today.  Carlos tell you
about the security guard by HR?

	From:  Kathleen Carnahan                           02/08/2001 11:34 AM

To: Kay Mann/Corp/Enron@Enron
cc:

Subject: Re: Did you know

Debbie went to Paper.  And I was wondering why Reagan has been "full of
himself" lately.

Carlos filled me in on the stuff "over yonder".  My, My, My.

K-

Kay Mann
02/08/2001 11:27 AM
To: Kathleen Carnahan/NA/Enron@Enron
cc:

Subject: Re: Did you know

Scooped me on Ray.  I like him.

I heard Debbie Chance is transferring to another group, and that Reagan is
going to be an originator (not a developer).

	From:  Kathleen Carnahan                           02/08/2001 11:20 AM

To: Kay Mann/Corp/Enron@Enron
cc:

Subject: Did you know

that Ray Hoppe is leaving (if not already gone)?  Think he is going to Duke.

K-


Dipak,

As you requested, here are the West Desk's forecasts for California Reciepts minus instate production by month.  They are broken down into delivery points onto Socal and PGE's system.  Please let me know if you have any questions.  Thanks.

Mat


Attached is a draft letter setting forth Enron's damages in connection with
the termination of certain commodity forward and swap positions with PG&E.
In lieu of sending out multiple letters and then aggregating the exposures
for set off purposes, I thought it would be more understandable if we put all
the matters in one letter.  For each product line,  I thought we could attach
all the relevant information (I'm not sure if this is making it too easy for
the court but it seems like the right thing to do). Each commodity line then
would assemble the following and attach as an Appendix to the letter:

1.  Copy of Master Contract or applicable GTC
2.  Copy of transaction confirmations
3.  Copy of termination notice sent to PG&E
4.  Chart summarizing key commercial terms of transaction(s)
5.  Chart summarizing unpaid receivables and invoices for same
6.  Chart setting forth termination payment calculation for each terminated
trade
7.  Paragraph describing methodology used to determine termination payment
valuation (eg - 4 quotes secured, threw out high and low and averaged middle)
8   List showing quotes secured (entity, person, time and amount) and the
extent available, written confirmation of such quote

I will be out of the office the rest of this week but will organize a call
for early next week in order to finalize the PG&E package.

Thanks for all your help.

Elizabeth Sager
713 853 6349


why is anybody giving you scoop?

 -----Original Message-----
From: 	Slone, Jeanie
Sent:	Tuesday, October 02, 2001 11:21 AM
To:	Arnold, John
Subject:	RE:

i got the scoop from lavo.

i agreed to become the premier Enron options trader (only if i didn't have to sit next to you).  i told lavo to give me two weeks w/you and i could fake my way through any interview. VAR, gamma, vega, blah, blah,blah . . . i'm hired!  Who do you think w/d pay me more El Paso or Duke?

 -----Original Message-----
From: 	Arnold, John
Sent:	Tuesday, October 02, 2001 11:01 AM
To:	Slone, Jeanie
Subject:	RE:

elpaso, same thing

Want to trade options?

 -----Original Message-----
From: 	Slone, Jeanie
Sent:	Tuesday, October 02, 2001 9:14 AM
To:	Arnold, John
Subject:	RE:

which competitor?  and to do what?

 -----Original Message-----
From: 	Arnold, John
Sent:	Tuesday, October 02, 2001 7:55 AM
To:	Slone, Jeanie
Subject:

mike maggi resigned this morning to take a job at a competitor.  He is under contract.  Lavo has been advised.  What do I need to do?


---------------------- Forwarded by Randall L Gay/HOU/ECT on 12/04/2000 01:18
PM ---------------------------

	Enron North America Corp.

	From:  Suzanne Christiansen                           12/04/2000 12:20 PM

To: RGAY@ECT.ENRON.COM@ECT
cc:
Subject: Fwd: Funny

---------------------- Forwarded by Suzanne Christiansen/HOU/ECT on
12/04/2000 12:13 PM ---------------------------

"Karen K. Beach" <KKBeach@rkmc.com> on 12/04/2000 12:15:39 PM
To: <dsanders96@earthlink.net>, <suzanne.christiansen@enron.com>,
<smit1314@tc.umn.edu>
cc:
Subject: Fwd: Funny

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