Kase's Derivatives For Energy Professionals
April 9-10, 2002

Register for more than one person or register for both classes
and receive the "two or more discount"

Learn Technical Analysis is scheduled for June

Derivatives For Energy Professionals
April 9-10, 2002

The energy and power markets have experienced tremendous price fluctuations over the past few years as well as upheaval in the over-the-counter markets. The need for energy and power professionals to understand derivatives, and to measure and mitigate risk is even greater than ever.

*	Valuing Market Risk
*	Buying and Selling Forward
*	Hedging Long and Short Positions
*	Hedging Spreads and Basis
*	Volatility and Options
*	Hedging with Options
*	Hedging with "Exotics"
*	Dealing with Credit Risk

April 9-10, 2002
Early Bird Discount until March 11
Houston, Texas

Click Here for More Information:
http://www.kaseco.com/classes/derivatives.htm

Click Here to Register
http://www.kaseco.com/classes/register/register_choice.htm

Learn Technical Analysis
June 11-12, 2002

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

*	Charting Basics, Types of Charts, Support and Resistance
*	When to Buy or Sell
*	When to Exit Based on Signals
*	How to Exit Based on Stops
*	Chart Patterns and Forecasting Basics
*	Statistical Hedging

June 11-12, 2002
Early Bird Discount until May 13
Houston, Texas

Click Here for More Information
http://www.kaseco.com/classes/tech_analysis.htm

Click Here to Register
http://www.kaseco.com/classes/register/register_choice.htm

This email has been sent to lindy.donoho@enron.com at your
request, by PowerMarketers.com.

Visit our Subscription Center to edit your interests or unsubscribe.
http://ccprod.roving.com/roving/d.jsp?p=oo&m=1000838503237&ea=lindy.donoho@enron.com

View our privacy policy: http://ccprod.roving.com/roving/CCPrivacyPolicy.jsp

Powered by
Constant Contact(R)
www.constantcontact.com


Per our verbal discussion of Friday January 4, I requested 2000MMBtu/d of storage gas for the period January 5-7 to serve an existing market on Florida Pipeline. Ragan Bond at Bridgeline informed me that my request would be denied.  ENA needed to purchase pre-paid gas from Sequent to fulfill the market's request for additional supplies.  ENA did not attempt to schedule the delivery of gas out of storage after Bridgeline informed me they would not perform on our request because we would have needed to request the customer to submitt a nomination for a delivery that would not be confirmed.  Please let me know if you need additional information concerning this transaction.


Start Date: 1/13/02; HourAhead hour: 23;  HourAhead schedule download failed. Manual intervention required.


I spelled your name wrong.  Sorry!

----- Forwarded by Brent Hendry/NA/Enron on 03/07/2001 03:34 PM -----

	Brent Hendry
	03/07/2001 03:28 PM

		 To: Stephanie Panus/NA/Enron@Enron, Susan Bailey/HOU/ECT@ECT, Samantha
Boyd/NA/Enron@Enron, Tana Jones/HOU/ECT@ECT
		 cc: Mark Taylor/HOU/ECT@ECT, Robert Bruce/NA/Enron@Enron, Sara Shackelton,
Carol St Clair/HOU/ECT@ECT, Mary Cook/HOU/ECT@ECT, Cheryl
Nelson/NA/Enron@Enron, Francisco Pinto
Leite/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Frank
Sayre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 Subject: ECP and ECE language to add to the master agreements


Susan Fallon 58431


Jeff,

I enjoyed visiting with you, Lou, and Greg last week.
I haven't heard anything back, and so wanted to check
in to see if it's appropriate to schedule a follow up
phone call.  I am leaving for Europe on June 30 and
will be gone for 10 days, so hoped to hear something
before then.  Thanks.

Chad
801-556-8490

__________________________________________________
Do You Yahoo!?
Get personalized email addresses from Yahoo! Mail
http://personal.mail.yahoo.com/


Deskheads:

I would like to have a 2 hour team building session for the assistants,
receptionists, and clerks on Friday 5/25/01.  The only thing that will be
charged to your cost center is the cost of a lunch brought in for the
administrative staff.

I know that the assistants usually are out of here between 12:30 to 1:30
being that this is a Friday before a holiday.   I would like to have the
session start at 12:30 so that they can still be out of here by 2:30 that
day.  This would require the phones being on solo pilot starting at 12:30.

Please respond with your approval, questions and/or comments as soon as time
permits so I can set everything up this week.

Many thanks,
Ina Rangel


Mary Hain has resigned her position with Enron.  Please remove her from all
your mail lists.

Thank you.

Lysa Akin
Gov't Affairs - Sr. Admin. Ass't.

	Enron Capital & Trade Resources Corp.

	From:  "Ferranti, Bill" <bferranti@mbllp.com>
03/21/2001 04:41 PM

To: "'abuckley@wutc.wa.gov'" <abuckley@wutc.wa.gov>, "'alan@epud.org'"
<alan@epud.org>, "'ali.rodol@ci.seattle.wa.us'" <ali.rodol@ci.seattle.wa.us>,
"'archive-power-ratecase@bpa.gov'" <archive-power-ratecase@bpa.gov>,
"'aw_turner@pgn.com'" <aw_turner@pgn.com>, "'BASSL@sce.com'" <BASSL@sce.com>,
"'bessex@cowlitzpud.org'" <bessex@cowlitzpud.org>, "Ferranti, Bill"
<bferranti@mbllp.com>, "'bpadiscovery@merkellaw.com'"
<bpadiscovery@merkellaw.com>, "'ccopatrny@e-z.net'" <ccopatrny@e-z.net>,
"'crow@millernash.com'" <crow@millernash.com>, "'cub@teleport.com'"
<cub@teleport.com>, "'cwagers@dcpud.org'" <cwagers@dcpud.org>,
"'dan.meek@usa.net'" <dan.meek@usa.net>, "'darcy@tonkon.com'"
<darcy@tonkon.com>, "'darkills@popud.com'" <darkills@popud.com>,
"'dbkinnard@pplmt.com'" <dbkinnard@pplmt.com>, "'dfaulk@puget.com'"
<dfaulk@puget.com>, "'discoveryparalegal@bpa.gov'"
<discoveryparalegal@bpa.gov>, "'dldorrell@stoel.com'" <dldorrell@stoel.com>,
"'dmacgregor@morganlewis.com'" <dmacgregor@morganlewis.com>,
"'doney@doneylaw.com'" <doney@doneylaw.com>, "'doug_brawley@pngc.com'"
<doug_brawley@pngc.com>, "'dparrish@prmllp.com'" <dparrish@prmllp.com>,
"Schoenbeck, Don" <dws@keywaycorp.com>, "'eauverde@hotmail.com'"
<eauverde@hotmail.com>, "'eboyd@ppcpdx.org'" <eboyd@ppcpdx.org>,
"'efinklea@energyadvocates.com'" <efinklea@energyadvocates.com>,
"'elisaCKF@aol.com'" <elisaCKF@aol.com>, "'EnerGlaw@aol.com'"
<EnerGlaw@aol.com>, "'Eric.Larson@oremetwahchang.com'"
<Eric.Larson@oremetwahchang.com>, "'erick_johnson@pngc.com'"
<erick_johnson@pngc.com>, "'ghuhta@cowlitzpud.org'" <ghuhta@cowlitzpud.org>,
"'huse@eesconsulting.com'" <huse@eesconsulting.com>, "'ias@dvclaw.com'"
<ias@dvclaw.com>, "Speer, Jack" <Jack.Speer@alcoa.com>, "'jacksonc@ida.net'"
<jacksonc@ida.net>, "'janet.prewitt@state.or.us'"
<janet.prewitt@state.or.us>, "'jdeason@chbh.com'" <jdeason@chbh.com>,
"'jeffn@subutil.com'" <jeffn@subutil.com>, "'jhartso@enron.com'"
<jhartso@enron.com>, "'JLH@mc-power.com'" <JLH@mc-power.com>,
"'johk@critfc.org'" <johk@critfc.org>, "'john.yanov@eweb.eugene.or.us'"
<john.yanov@eweb.eugene.or.us>, "'johncameron@dwt.com'"
<johncameron@dwt.com>, "'jolynnr@mresearch.com'" <jolynnr@mresearch.com>,
"'jpw@duncanallen.com'" <jpw@duncanallen.com>, "'jrb_ora@televar.com'"
<jrb_ora@televar.com>, "'jsaven@pacifier.com'" <jsaven@pacifier.com>,
"'jschlect@avistacorp.com'" <jschlect@avistacorp.com>,
"'kevin.clark@ci.seattle.wa.us'" <kevin.clark@ci.seattle.wa.us>,
"'kknitte@gcpud.org'" <kknitte@gcpud.org>, "'kmoxness@cencoast.com'"
<kmoxness@cencoast.com>, "'kpom@mail.pacifier.com'" <kpom@mail.pacifier.com>,
"'kyle@ppcpdx.org'" <kyle@ppcpdx.org>, "'lawyer@teleport.com'"
<lawyer@teleport.com>, "'Lhamilton@avistaenergy.com'"
<Lhamilton@avistaenergy.com>, "'lpeters@pacifier.com'"
<lpeters@pacifier.com>, "'lwolv@worldaccessnet.com'"
<lwolv@worldaccessnet.com>, "'lyn_williams@pgn.com'" <lyn_williams@pgn.com>,
"'marc.hellman@state.or.us'" <marc.hellman@state.or.us>,
"'marss@perkinscoie.com'" <marss@perkinscoie.com>, "'matts1@atg.wa.gov'"
<matts1@atg.wa.gov>, "'mershanlaw@aol.com'" <mershanlaw@aol.com>,
"'mhain@ect.enron.com'" <mhain@ect.enron.com>, "Early, Michael"
<michaelearly@earthlink.net>, "'mike.macdougall@powerex.com'"
<mike.macdougall@powerex.com>, "'mmetzler@ci.tacoma.wa.us'"
<mmetzler@ci.tacoma.wa.us>, "'mschaff@worldnet.att.net'"
<mschaff@worldnet.att.net>, "'mthomas@mtpower.com'" <mthomas@mtpower.com>,
"'Paul@KinergyLLC.com'" <Paul@KinergyLLC.com>, "Forsyth, Pete"
<pete.forsyth@kaiseral.com>, "'pete@ashland.or.us'" <pete@ashland.or.us>,
"'peter@richardsonandoleary.com'" <peter@richardsonandoleary.com>,
"'pfox@bracepatt.com'" <pfox@bracepatt.com>, "'pljacklin@stoel.com'"
<pljacklin@stoel.com>, "Murphy, Paul" <pmurphy@mbllp.com>,
"'pnichols@idahopower.com'" <pnichols@idahopower.com>,
"'pobenchain@idahopower.com'" <pobenchain@idahopower.com>,
"'pspi@dynegy.com'" <pspi@dynegy.com>, "'pvickery@tpud.org'"
<pvickery@tpud.org>, "'rachel@rnp.org'" <rachel@rnp.org>,
"'ratecase@pngc.com'" <ratecase@pngc.com>, "'rates@ppcpdx.org'"
<rates@ppcpdx.org>, "'rbstrong@painehamblen.com'"
<rbstrong@painehamblen.com>, "Bliven, Ray" <rdb@keywaycorp.com>,
"'rfoiani@gcpud.org'" <rfoiani@gcpud.org>, "'rkindley@schwabe.com'"
<rkindley@schwabe.com>, "'rle@givenspursley.com'" <rle@givenspursley.com>,
"'rpierce@avistaenergy.com'" <rpierce@avistaenergy.com>,
"'scott.brattebo@pacificorp.com'" <scott.brattebo@pacificorp.com>,
"'seligman@teleport.com'" <seligman@teleport.com>, "'simonf@atg.wa.gov'"
<simonf@atg.wa.gov>, "'sjohnsto@wutc.wa.gov'" <sjohnsto@wutc.wa.gov>,
"'skaravit@ci.tacoma.wa.us'" <skaravit@ci.tacoma.wa.us>,
"'stephens@eslerstephens.com'" <stephens@eslerstephens.com>,
"'steve@nwenergy.org'" <steve@nwenergy.org>, "'tdeboer@painehamblen.com'"
<tdeboer@painehamblen.com>, "'terrym@millcreeklaw.com'"
<terrym@millcreeklaw.com>, "'tgrim@chbh.com'" <tgrim@chbh.com>,
"'townsend@chbh.com'" <townsend@chbh.com>, "'tracigrundon@dwt.com'"
<tracigrundon@dwt.com>, "'tstevenson@ci.burbank.ca.us'"
<tstevenson@ci.burbank.ca.us>, "'weavertr@yakima-wa.com'"
<weavertr@yakima-wa.com>, "'wmgt3@montana.com'" <wmgt3@montana.com>
cc:
Subject: WP-02 Data Response

 <<PN-DS-001-004.doc>>

Attached is the response to PN-DS:001-004 and PN-AL:001-004.

Bill Ferranti
Murphy & Buchal LLP
503-227-1011
bferranti@mbllp.com

 - PN-DS-001-004.doc


Participate in National Fitness Week on eSpeak!  Tuesday, May 15 at 10 a.m. Houston time, join Dr. Joel Bloom, Associate Professor of Health and Human Performance at the University of Houston.  Ask Dr. Bloom about  topics such as the difference between sports drinks and water, myths about abdominal exercise, to breakfast or not to breakfast and much more!
Remember:  You don't have to participate in the live event to get your questions answered.  Go to eSpeak  now and post your questions for Dr. Bloom.  You can go to the eSpeak archive later and read the transcript to find your answer.

Check out the new postings in the Office of the Chairman category in eMeet.  While you're there, add some thoughts of your own to any of the ongoing discussions.  Visit eMeet  today!

Do you know what hollow core fiber is?  Would you like to know?  Stop by the Idea Vault at the ThinkBank  and find out!  Haven't been there in a while?  You have some catching up to do, then!

ethink.enron.com


I have plans to be down in Houston next Wednesday and  Thursday, Jan. 16-17.  Will you have any time available to meet?   Thanks,

Mark
Psytech
410-308-0245


Lynn -

For discussion purposes.  We'll talk at 11:00 your time.

Mitch
---------------------- Forwarded by Mitch Robinson/Corp/Enron on 12/08/2000
08:36 AM ---------------------------

Kay Mann
12/06/2000 08:13 PM
To: Mitch Robinson/Corp/Enron@Enron
cc:

Subject: Westinghouse letter

Kay


Friday, January 12, 2001

By the end of the day, the Treasury had decided to move forward and hold
another meeting with the CEOs, Governor Davis and various other Government
officials.  Governor Davis refused to come to California, so a video
conference was set up with two locations:  one at DOE in Washington and one
in Los Angeles for the Governor and his entourage.  It was tentatively set up
for 2:30 pm CST.  I have had no reports on the meeting yet. Ken Lay, Steve
Kean and Rick Shapiro attended for Enron.

Long-Term Forward Contracts

Good progress was made and the report was completed by 4 pm.  It includes a
draft RFO, draft standard contract, a table of utilties' needs, products
required and a timetable that would have power flowing by February 1.
Participants were fairly pessimistic about the eventual outcome, however,
given the absence of any buy-in or participation by the State of California.

Debt and Forebearance

Group also worked to have draft documents completed by COB Friday.

QF Contract Reformation

Parties continued discussion
No information was available by COB Friday.

Major Issues

State interest in resolving
State willingness to raise retail rates
Utilties' desire to offload all risk to the State as its portfolio manager
Willingness to "call off the dogs" for the suppliers and to release them from
legal action
State willingness to offer up sites for power plant development
Ability to reach deal on QF contract reformation

Next Steps

If definitive agreement is not reached by the principals at Saturday meeting,
this work ends immediately and utilities will likely file for bankruptcy the
week of Jan 15.

If agreement is reached, a massive amount of work is required immediately,
such as:
FERC filing of settlement and ISO Tariff change by Tuesday Jan 16.
RFO completion and release by Jan 18
Introduction and passage of necessary legislation to be executed by February
2.
Preparation of contract between utilities and state (probably DWR)
Preparation of formal agreements among the parties on the terms on this
settlement

And more...


-----Original Message-----
From: Gerry, Robert
Sent: Sunday, January 13, 2002 11:13 PM
To: Lewis, Andrew H.; Griffith, John; Ballato, Russell; Sturm, Fletcher J.; Suarez, John
Subject: WSJ article on UBS acquisition

WSJ(1/14) UBS Emerges As Top Bidder For Enron Trading Unit

01/14/2002
Dow Jones News Services
(Copyright ? 2002 Dow Jones & Company, Inc.)

  By Mitchell Pacelle and Rebecca Smith
  Staff Reporters of The Wall Street Journal

UBS AG, the giant Swiss financial firm, emerged the apparent victor to acquire Enron Corp.'s North American energy-trading operation. Enron hopes the deal will breathe new life into its dormant trading business, once the generator of 90% of the Houston company's profit.

But obstacles to resurrecting the business remain formidable, as indicated by the fact there were only two serious bidders -- UBS and Citigroup Inc. Enron wouldn't see any serious money from the UBS deal for at least a year, indicating how difficult it will be for the energy company's creditors to recover what they are owed. Enron filed for Chapter 11 bankruptcy-court protection on Dec. 2, the largest such filing ever, shielding the company from creditors as it seeks to reorganize.

Under the terms of the deal, which is subject to bankruptcy-court approval, Enron would transfer to UBS Warburg, the investment banking arm of UBS, its wholesale energy-trading operation, including a staff of roughly 800 people and computer systems and hardware that comprised its once-mighty EnronOnline Internet-based trading platform. UBS wouldn't be acquiring any of Enron's huge book of trading positions which gradually would be unwound. It also wouldn't provide any cash upfront to Enron.

Instead, UBS would pay royalties to Enron amounting to one-third of the energy-trading enterprise's pretax profit for a 10-year period, according to Enron. UBS would have an option to eliminate the royalty payments through the payment to Enron of money in years three, four and five. UBS would pay Enron 5.75 times Enron's prior-year payment for each one-third share of royalty eliminated. As such, it could completely eliminate Enron's royalty payments by the end of the fifth year.

As incentive to buy out Enron, UBS's royalty payments otherwise would increase by 10% from years five through 10, up to a maximum of 44% share of pretax profit.

Enron Chief Financial Officer Jeffrey McMahon said yesterday that he felt it was a "grand-slam great deal" for creditors since new life is being breathed into a "perishable commodity." Enron's staff had been kept together largely on the basis of retention bonuses that expire at the end of February. The trading operation effectively suspended operations prior to Enron's Chapter 11 filing last month.

Enron had hoped to bring in a credit-worthy partner to take a 51% stake in a new trading joint venture, leaving the energy company with a 49% stake. But Mr. McMahon said no bidder was interested in that deal. There also were no bids for the trading operation from rival energy or energy-trading companies. One possible reason was that resuscitating Enron's vast trading business would require a top credit rating, lots of capital to back trading operations and an expert credit-risk department to keep track of what traders are doing and to constantly revalue the trading book.

Since the Enron debacle, other energy-trading firms have taken pains to show they are de-emphasizing commodity-like trading of electricity, which Enron pioneered, and are instead concentrating on selling their own output of energy products and entering into contracts to protect themselves against price volatility.

Mr. McMahon said he feels that "by virtue of a AA-plus bank purchasing this business, it changes the landscape of the energy-merchant business forever" by putting more clout in the hands of institutions with top credit ratings. UBS apparently hasn't committed to provide any set level of capital. There is no determination, yet, for how royalty payments would be divided among Enron's thousands of creditors.

The largest question, though, is whether the trading business can truly be revived. Although Enron's global wholesale division, which included as its biggest component the North American energy-trading operations, generated about $3 billion in pretax profit during the first nine months of 2001, it has been dormant now for more than a month. Martin Bienenstock, Enron's lead bankruptcy lawyer, characterized the deal as "the sale of something that was dead that we are trying to bring back to life."

Competitors say they think a certain amount of Enron's trades were conducted at very thin margins in order to build volume, and that such trading practice likely will disappear. "You'll see the churn going away," says Michael McNally, chief financial officer of TXU Corp., now the biggest electricity trader in Texas. He thinks EnronOnline has "significant value but there's only a limited number of people who would know how to use it." Scaled to transact trades on hundreds of types of contracts, the platform is oversized for most uses.

UBS Warburg, which bought PaineWebber in 2000, has looked to expand its U.S. market share, and the Enron deal would provide entry into energy trading. John Costas, chief executive of UBS Warburg, said Friday the Enron unit would be "a valuable extension of our world-wide trading activities."

The winner of the auction, held under the bankruptcy court's supervision, was announced shortly after noon Friday in a packed Manhattan courtroom, less than an hour after the two bidders had submitted final offers. Enron's advisers and its creditors committee, which endorsed the UBS deal, had negotiated nonstop for more than 24 hours. In addition to Citigroup, which Mr. McMahon said competed "neck and neck" with UBS, BP PLC, the British oil company, had submitted a $25 million bid for the computer settlement support system of the Enron unit.

The proposed UBS transaction is subject to approval by Judge Arthur J. Gonzalez of the U.S. Bankruptcy Court of the Southern District of New York, who officially closed the auction to new bidders Friday. A hearing is set for Thursday at which creditors will have an opportunity to voice objections.

Separately Friday, Judge Gonzalez declined to transfer the bankruptcy case to Houston, denying motions from several creditors who had argued that Enron's headquarters city was a more suitable venue.

---

Anita Greil contributed to this article.

---

Journal Link: A four-month timeline listing pivotal events surrounding the fall of Enron is in the Online Journal at WSJ.com/JournalLinks.

(END) DOW JONES NEWS 01-14-02

12:00 AM


Jim- Please add Michael Tribolet to EIM lead position for RAC. I will have a little crossover due to skill sets which I assume is ok, you really just need a lead to coordinate and manage the process. Lets meet on Monday. Can someone that is in Netco also be one of these coordinators? Rick

-----Original Message-----
From: Fallon, Jim
Sent: Sun 12/9/2001 10:20 AM
To: Miller, Don (Asset Mktg); Hickerson, Gary; Malcolm, Rodney; Delainey, David W.; Hughes, James A.; Dimichele, Rich; Haedicke, Mark E.; Colwell, Wes; Causey, Richard; Oxley, David; Beck, Sally; Piper, Greg; Buy, Rick; Bradford, William S.; Leff, Dan; Murphy, Ted; Fallon, Jim
Cc: McMahon, Jeffrey; Whalley, Greg
Subject: Post Petition Organization

All,

We had a preliminary meeting on Friday.  The attached is a summary of the matrix we developed as well as changes from subsequent e-mails.  Note, only one name has been placed in the matrix where two may have been suggested - if the name is not correct then please e-mail me back as soon as possible - only person per box please.  The names placed in the matrix will be directly responsible to the estate.

We need to meet Monday to: (1) agree on the matrix; (2) develop detailed processes for capturing value (trade books, structured deals, hard assets and business sales); (3) understand the approval process required on a go forward basis; (4) develop compensation / retention program for estate, (5) address any administrative concerns.

If you have not done so, please check the names in the matrix to ensure that they are correct and please send me any changes as well as their full names to be utilized for future e-mails.

Regards,

Jim

<<REORG1.doc>>


CONFIDENTIAL SETTLEMENT MATERIAL
  PER CPUC RULE 51

TO ALL PARTIES:

We appreciate the wide and active participation in the "Gas Accord II"
Workshops to date, and we particularly thank the parties who have taken the
time to identify issues and proposals of concern to them.  The PG&E team is
working hard to put all of this into the context of an initial Gas Accord II
Settlement Proposal.  However, we have concluded that, in order to do the
job properly, we need to delay our target date for circulating a proposal,
until Wednesday, December 20, 2000.

Because of this delay in circulating a proposal, we also are canceling the
proposed all-party meeting scheduled for December 13th and 14th.

Accordingly, the next all-party meeting is the one that we had previously
scheduled to occur on January 10 and 11, 2001.  We will use that meeting to
discuss and explain the PG&E proposal, and to receive feedback from the
parties.

Attached below is the meeting schedule for next year that we outlined
earlier in the process.  We encourage everyone to keep these meeting dates
on your calendars.  We will fill in more details on the specific agendas as
we move forward.

Again, thank you for your participation in the Gas Accord II Settlement
Process.  We look forward to providing you with our initial proposal, and to
our subsequent settlement discussions.

Please feel free to call or e-mail us if you have questions or concerns.

Frank Lindh    Ray Williams
415-973-2776    415-973-3634
frl3@pge.com    rdw0@pge.com

 <<Gas Accord II Settlement Schedule.doc>>

 - Gas Accord II Settlement Schedule.doc


This is great - please update and forward weekly.
Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 06/02/2000
03:14 PM ---------------------------

Susan Helton
06/02/2000 11:20 AM
To: David W Delainey/HOU/ECT@ECT, Tammy R Shepperd/HOU/ECT@ECT
cc: Max Yzaguirre/NA/Enron@ENRON, Marc Sabine/NA/Enron@ENRON, Steve
Irvin/HOU/ECT@ECT
Subject: Vitro

Attached is the Vitro Project Summary.


Vince,
Per Bill's request, attached is the credit supplement from the Board meeting.

Stephanie
3-9283


Julia,

The lawyers at UT at Austin have some questions regarding your corrections
to the non-disclosure agreement.

Specifically, they want to discus the arbitration provision. The name of the
lawyer at UT
is Gene Bartley, 512 471 2995.

Vince


Attached is a clean and redlined version of the Enfolio Master for the Ocean transaction.  The redline reflects the changes from the original draft.  Also attached is a clean version of the Transaction Agreement.  Please review and if acceptable, please forward to Ocean for their review.


I pick  New England

Platter


Calif May Be Buying Big Power Supplies At Market's Top
By Mark Golden

03/07/2001
Dow Jones Energy Service
(Copyright (c) 2001, Dow Jones & Company, Inc.)

NEW YORK -(Dow Jones)- When market-savvy energy companies like Enron, Calpine
and Dynegy are selling like crazy, that might be a sign it's not a good time
to buy.

Nevertheless, the state of California is signing contracts for $43 billion
worth of power under supply deals stretching up to 20 years. Some industry
experts say these contracts could be overpriced by billions of dollars in a
matter of months. What's more, deliveries for most of the supplies already
signed for won't begin until after this summer, which is likely when the
power will be needed most.

"The state should be involved in portfolio contracts to stabilize costs, but
signing 10-year and 20-year contracts is inappropriate," said Michael Zenker,
director of western energy consulting services at Cambridge Energy Research
Associates. "That could end up locking consumers into higher rates for many
years to come."

The near bankruptcy of California's two largest utilities has forced the
state to step heavily into the power markets. The state's idea behind signing
long-term contracts is to stabilize its power costs by spreading them out,
said Vikram Budhraja, whose company, Electric Power Group, is advising the
state on the contracts.

"What we set out to do is get California out of the spot market, bring
stability to the market and get dependable supplies," Budhraja said. "We
believe we have done that."

But some said California could find cheaper prices for forward power if it
waits. Power prices will continue to be very volatile for the next 12 months
to 24 months, but the price of power for delivery in 2002 and beyond is
likely to begin falling at the end of this summer, said Gerald Keenan, a
senior partner for PricewaterhouseCoopers' utility consulting group. The best
approach now is to sign contracts covering just a few months or years, he
said.

"It's not a good bet that gas prices will stay high for such a long time," he
said. "And very little of that power will be delivered this summer anyway."

This week, California Gov. Gray Davis said the state has nailed down about
7,000 megawatts for the summer - more than half the difference between
generation already controlled by the utilities and the projected peak demand
on a very hot day.

But contract details released by Calpine Corp. (CPN), Dynegy Inc. (DYN), Duke
Energy (DUK) and Williams Companies (WMB) belie the governor's claim.
According to press releases from those generators, only 1,640 MW of the power
they're selling will be available this summer.

Not everyone agrees the state has overpaid. To head off a meltdown,
independent power companies in California are giving the state prices
slightly below the current forward market, said Gary Ackerman, executive
director of the Western Power Trading Forum.

"These are probably good deals," said Ackerman, who added that potential
out-of-state suppliers are seeking higher prices because they don't have the
same political motivation. "Never guess at what prices are going to do. They
can always go higher."

Still, California's inability to find much power for this summer means that
the state's imbalance between supply and demand will have to be solved in the
near term on the demand side, according to one perspective. Once demand falls
- whether through higher prices, voluntary conservation, involuntary
blackouts or even a recession - forward electricity prices in California
could come crashing down.

Davis has proposed conservation plans that he says will reduce electricity
consumption by 10% from expected levels this summer. As part of the
conservation program, Davis wants to install new real-time meters before
summer at 43,000 industrial and commercial customers which will then get some
market prices for their power and would be motivated to reduce consumption
during peak-use hours.

The current forward market reflects a skepticism that the meters and other
conservation efforts will be anywhere near as effective this summer as the
governor says. But some industry experts say the real-time meters alone could
reduce power consumption by 10%, which would slash both spot and forward
supply prices, again reason for the state to wait.

"The state should absolutely install the meters first before signing the
long-term contracts," Zenker said.

The governor agreed, when asked about this in his press conference, that
conservation efforts will weaken forward markets. But he said securing stable
prices now is worth the cost.

"Consumers will know approximately what it will cost them for power. The
first two or three years they will probably pay less than the real cost of
power. In the next five or six years they may pay a little bit more," Davis
said. "I think that is a bargain that Californians can learn to accept."

Moreover, if the state had signed deals for just a couple of years, the
average price would be double the $69/average price of the longer-term
contracts announced this week. Such prices, in turn, would have forced the
state to raise electricity rates, something that is politically unpalatable,
Zenker conceded.

Davis and his staff defended their approach, saying that the problem for this
summer will be so acute that it requires a multipronged attack rather than
pursuing demand reductions first.

"There is no one piece that is going to solve this problem," Budhraja said.
"All have to be pursued simultaneously."

-By Mark Golden, Dow Jones Newswires; 201-938-4604; mark.golden@dowjones.com

Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.


Here is the EES info to be sent to the PUC.

Gary & Mike--we need to talk before this goes out.  A new issue has surfaced
this morning which may impact this.  Please call.  MDS


This deal has a COB delivery point with CAISO energy.

Thanks!


This is the final communication on this topic

Best
__

(...God as judge never looked so appealing - as passed on to me by
others....)

BREAKING NEWS!
>
>  GOD OVERRULES SUPREME COURT VERDICT
> Bush to be smitten later today
>
> (Vatican) In a stunning development this morning, God invoked the "one
> nation,
> under God" clause of the Pledge of Allegiance to overrule Tuesday night's
> Supreme Court decision that handed the White House to George Bush.
>  "I'm not sure where the Supreme Court gets off," God said this morning on
a
> rare Today Show appearance, "but I'm sure as hell not going to lie back
and
> let
> Bush get away with this nonsense." "I've watched analysts argue for weeks
> now
> that the exact vote count in Florida 'will never be known.' Well, I'm God
> and I
> DO know exactly who voted for whom. Let's cut to the chase: Gore won
Florida
> by
> exactly 20,219 votes."
>
> Shocking political analysts and pundits, God's unexpected verdict
overrules
> the
> official Electoral College tally and awards Florida to Al Gore, giving him
a
> 289-246 victory. The Bush campaign is analyzing God's Word for possible
> grounds
> for appeal.
>
>  "God's ruling is a classic over-reach," argued Bush campaign strategist
Jim
> Baker. "Clearly, a divine intervention in a U.S. Presidential Election is
> unprecedented, unjust, and goes against the constitution of the state of
> Florida."
>
> "Jim Baker's a jackass," God responded. "He's got some surprises ahead of
> him,
> let me tell you. HOT ones, if you know what I mean." God, who provided the
> exact
> vote counts for every Florida precinct, explained that bad balloting
> machinery
> and voter confusion were no grounds to give the White House to "a friggin'
> idiot." "Look, only 612 people in Palm Beach County voted for Buchanan.
Get
> real! The rest meant to vote for Gore. Don't believe me? I'll name them:
> Anderson, Pete; Anderson, Sam, Jr.; Arthur, James; Barnhardt, Ron..."
>
> Our Lord then went on to note that he was displeased with George W. Bush's
> prideful ways and announced that he would officially smite him today. In
an
> act
> of wrath unlike any reported since the Book of Job, God has taken all of
> Bush's
> goats and livestock, stripped him of his wealth and possessions, sold his
> family
> into slavery, forced the former presidential candidate into hard labor in
a
> salt
> mine, and afflicted him with deep boils.
>
> Dick Cheney will reportedly receive leprosy.
>                                    -30-
>
>


---------------------- Forwarded by Judy Hernandez/HOU/ECT on 02/03/2000
11:27 AM ---------------------------

Judy Hernandez on 11/01/99 05:08:09 PM
To: Amber Limas/HOU/ECT@ECT, Amber Ebow/HOU/ECT@ECT, Shirlet
Williams/HOU/ECT@ECT, Michelle Neville/HOU/ECT@ECT, Tara L
Lewis/Corp/Enron@ENRON, Angela Barnett/HOU/ECT@ECT, Leslie Smith/HOU/ECT@ECT,
Albert Escamilla/HOU/ECT@ECT, Christopher Hargett/HOU/ECT@ECT, Lisa
Shoemake/HOU/ECT@ECT
cc:
Subject: FW: So cute!!

---------------------- Forwarded by Judy Hernandez/HOU/ECT on 11/01/99 05:04
PM ---------------------------

	Enron North America Corp.

	From:  Maria Sandoval                           11/01/99 03:01 PM

To: Margo Reyna/HOU/EES@EES, Nichole Gunter/HOU/EES@EES, Andrea R
Guillen/HOU/ECT@ECT, Phenicia Olivier/HOU/ECT@ECT, Bernice
Rodriguez/HOU/ECT@ECT, Melissa Rodriguez/HOU/ECT@ECT, Pamela
Sonnier/HOU/ECT@ECT, Cassandra S Dutton/HOU/ECT@ECT, Cecilia
Olvera/HOU/ECT@ECT, Lorraine Becker/HOU/ECT@ECT, Irena D Hogan/HOU/ECT@ECT,
Angela Henn/HOU/ECT@ECT, Melba Lozano/HOU/ECT@ECT, Katherine Renee
Reyna/HOU/ECT@ECT, Chantelle Villanueva/HOU/ECT@ECT,
yolanda.sandoval@mwk.com, patty.soria@mwk.com, mcastillo@metromkt.com,
elizabeth.gutierrez@eott.com, Judy Hernandez/HOU/ECT@ECT, Brenda
Barreda/HOU/AZURIX@AZURIX, Elizabeth Soto/HOU/ECT@ECT
cc:
Subject: FW: So cute!!

---------------------- Forwarded by Maria Sandoval/HOU/ECT on 11/01/99 03:00
PM ---------------------------

Yolanda Sandoval <Yolanda.Sandoval@Halliburton.com> on 10/29/99 06:24:24 AM
To: "'Castillo, Margaret'" <MCastillo@metromkt.com>, Maria
Sandoval/HOU/ECT@ECT, "'Tony Nunez'" <anthony.nunez@chase.com>, Sylvia
Balderas <Sylvia.Balderas@Halliburton.com>, Ursula Tovar
<Ursula.Tovar@Halliburton.com>, Charmane Whatley
<Charmane.Whatley@Halliburton.com>, Charlene Olson
<Charlene.Olson@Halliburton.com>
cc:
Subject: FW: So cute!!

Yolanda Sandoval
KBR Legal Dept.
713-753-5986
yolanda.sandoval@halliburton.com

 <<DOGS_1.PPS>>

 - DOGS_1.PPS


Bill, I have reservations for four at Morton's on Saturday night at 9:00pm.  Let me know if you want to go, if not we will just go by ourselves.

My cell phone number is 503-807-5669.


-- http://www.smartmoney.com/ --
=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=
=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=
=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D

---------------------------------------------------------------------------=
-=20
Daily Views
June 1, 2001
----------------------------------------------------------------------------
The Economy: Analyze This
By Rebecca Thomas
At first glance, the May jobs report looks strong. On closer=20
inspection, it's not so hot.
http://www.smartmoney.com/theeconomy/index.cfm?Story=3D20010601
AOL USERS, CLICK=20
HERE=20

Week in Funds: Ooph! Tech Funds Get Socked Again
By Dawn Smith
It was a rotten week for tech funds, which lost 9.6%. But they=20
weren't the only ones in the loser's corner.
http://www.smartmoney.com/fundinsight/weekinfunds/index.cfm?story=3D2001060=
11
AOL=20
USERS, CLICK HERE=20
************************************************************
************************************************************
IN THIS EDITION:=20
* THE CLOSING BELL
* TODAY'S SMARTMONEY FEATURES
* BREAKING NEWS
* AND WHEN IT WAS ALL OVER: TODAY'S NUMBERS=20
* HOW DID YOUR STOCKS FARE TODAY?=20
* SPECIAL OFFER=20
--------------------------------------------------------------------------
THE CLOSING BELL: =20
What Slump? Market Manufactures Rally
By Lawrence Carrel
Weak industry data can't hold back investors fearful of=20
missing one more updraft.=20
http://www.smartmoney.com/bn/index.cfm?story=3D20010601074750
A=
OL USERS, CLICK=20
HERE=20
************************************************************
************************************************************
SmartMoney Challenge
Looking for new stocks to buy? Take a peek at the portfolios of=20
fund managers from Merrill Lynch, Salomon Smith Barney and Morgan=20
Stanley. See if your own portfolio beats theirs as they square off=20
in our yearlong trading contest! http://www.smartmoney.com/challenge
AOL USERS, CLICK HERE=
*
 ***********************************************************
************************************************************
TODAY'S SMARTMONEY FEATURES:
Stock Close-Up: Missing No Opportunity to Miss an Opportunity
By Robert Hunter
That's the Lucent story these days. This week's weirdly botched=20
deal with Alcatel is just the latest, saddest chapter.
http://www.smartmoney.com/stockcloseup/index.cfm?story=3D20010601
AOL USERS, CLICK=20
HERE=20

Say What?: You Nailed It! Or Did You Blow It?=20
By Roben Farzad
Sanford Bernstein's Toni Sacconaghi was right about Sun Microsystems.=20
Unfortunately, he was also wrong.=20
http://www.smartmoney.com/saywhat/index.cfm?Story=3D20010601
AO=
L USERS, CLICK=20
HERE=20

Pundit News: Stock Pickin' With the Pundits
By Rebecca Thomas
The bulls are still snorting and the bears are a-growl. So choose=20
the guru you agree with, and follow the argument to its investment=20
conclusion.
http://www.smartmoney.com/pundits/news/index.cfm?story=3D20010601=20
AOL USERS, CLICK=20
HERE=20

More: Our Pundits' Latest Predictions=20
http://www.smartmoney.com/pundits/
AOL USERS, CLICK HERE=20

The Problem With Personal Computers
By Monica Rivituso
These days, PCs seems to stand for Pretty Cruddy Sales. And it looks=20
like somebody just hit the delete key on that second-half turnaround.
http://www.smartmoney.com/stockwatch/index.cfm?story=3D200105311
AOL USERS, CLICK=20
HERE
************************************************************
************************************************************
BREAKING NEWS:
Jobless Rate Surprises, Manufacturing Disappoints;=20
Ford, Chrysler May Sales Fall More Than 8%;=20
Vivendi to Buy Houghton Mifflin;=20
AT&T Hikes Rates on Basic Residential Calls;=20
BellSouth Sees Forex Losses From Latin America;=20
Dollar Gains Against Euro on Encouraging Data; =20
Palm to Make More Job Cuts;=20
DuPont Job Cuts Larger Than Forecast;=20
Frontier Airlines Warns on Profit;=20
Immune Response Sinks on HIV Therapy Miss;=20
April Construction Spending at Record High;
More...
http://www.smartmoney.com/
AOL USERS, CLICK HERE
---------------------------------------------------------------------------=
-=20
AND WHEN IT WAS ALL OVER: TODAY'S NUMBERS:
(As of 5:33 pm)
DJIA 10990.41  78.47=20
Nasdaq 2149.44  38.95=20
S&P 500 1260.67  4.85=20
Rus 2000 501.72  5.22=20
30 Yr Bd 5.70  0.00=20
10 Yr Bd 5.37  0.00=20
DJTA 2887.05  -58.85=20
DJUA 389.52  -3.70=20
DJ Intrnt 89.37  1.54=20
************************************************************
************************************************************
INSURANCE CENTER
Comparison-shop for insurance. SmartMoney.com's Insurance=20
Quotes Center lets you shop for auto, life, home, renters'=20
and health insurance conveniently and securely without=20
sales pressure. In minutes, you can receive free, accurate=20
quotes from the nation's leading insurance providers.=20
http://www.smartmoney.com/marketplace/index.cfm?story=3Dinsurance
AOL USERS, CLICK=20
HERE
************************************************************
************************************************************
HOW DID YOUR STOCKS FARE TODAY?=20
Use any combination of these SmartMoney.com Investor Tools=20
to rediscover your new bottom line:=20
* Portfolio Tracker http://www.smartmoney.com/portfolio/
* Map of the Market http://www.smartmoney.com/marketmap/=20
* Sector Tracker http://www.smartmoney.com/sectortracker/
---------------------------------------------------------------------------=
-=20
GREAT GIFT IDEA:
The gift of Financial Wisdom is now available for a price: $15 a year.=20
This Father's Day or Graduation give SmartMoney, The Wall Street Journal=20
Magazine of Personal Business and save 58% off the cover price. Visit=20
today for details now, and your gift will be in the mail.=20
http://ccare.hearstmags.com/cgi-bin/absplit.cgi?SplitFile=3Dsmygiftfg.urls
AOL USERS,=20
CLICK HERE
----------------------------------------------------------------------------
SPECIAL INVESTMENT OFFER: How much would it cost you to receive unbiased,=
r
 igorously investigated financial information every month from the best=20
financial journalists in the business? Well the editors of The Wall Street=
J
 ournal are waiting to send you their magazine of personal business, SmartM=
oney,=20
for a mere $1.25 a month. Filled with insights and tips aimed at improving=
y
 our bottom line, it could be the one financial investment you can't afford=
t
 o miss. For details, visit here now:
http://ccare.hearstmags.com/cgi-bin/absplit.cgi?SplitFile=3Dsmynewsletter.u=
rls=20
AOL USERS,=20
CLICK HERE
************************************************************
************************************************************
Soon, we will begin offering this newsletter in HTML format. If you wish=20
to continue receiving the plain-text version of this email, please visit=20
http://www.smartmoney.com/mailinglist/index.cfm?story=3Dmaileradmin
to set your preferences.

If you have an AOL address you're already set to receive the newsletter=20
in text. No action is required on your part.

Thank you,=20
The SmartMoney.com Staff

=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=
=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=
=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D
JOINING AND LEAVING THE LIST

Use the form on our site to join or leave our mailing lists:
   http://www.smartmoney.com/mailinglist/index.cfm?story=3Dmaileradmin
   AOL USERS, CLICK HERE

If you have any questions or problems, please email us at:
	helplistdaily@smartmoneylist.com

=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=
=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=
=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D
SmartMoney.com Daily Views.
SmartMoney.com =A9 2001 SmartMoney.=20
SmartMoney is a joint publishing venture of Dow Jones & Company,=20
Inc. and Hearst Communications, Inc.=20


Mark:  I just received a copy of my "IOU/municipal" chart from last year with
an undated note from you about our omnibus format/IOU's.  I would like to
speak with you especially since I'm speaking with credit about municipals on
Wednesday.

As a practical matter, I'm not sure whether we even transact with utilities
on the omnibus.  Perhaps Tana can answer the question as to online trading
and the confirmation desk as to offline trading.  Secondly, I'm not sure how
often the Additional Event of Default is successfully negotiated into the
ISDA Agreement.  The latter point might be worth an email to the lawyers.

Do you have a few minutes today?

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com


As you might be aware,  Susan Scott (the book admin for the pipe option book)
was forced by system problems to stay all night Wednesday night and until 200
am Friday  in order to calc my book.  While she is scheduled to rotate to the
West desk soon,  I think we need to discuss putting two persons on my book in
order to bring the work load to a sustainable level.  I'd like to meet at
2:30 pm on Monday to discuss this issue.  Please let me know if this time
fits in your schedules.

Thanks,

Larry


Security found purse & briefcase around 11 pm last night -- someone on 49 had taken it to their cubicle; I guess they
	were waiting for someone to show up asking about it, but then they left or went to a meeting, and weren't there when
	we were asking all around the floor.  Anyway, new lease on life -- I have everything back!  (Makes for a better Thanks-
	giving, you know!)

	--Dot

 -----Original Message-----
From: 	McCoppin, Dorothy
Sent:	Monday, November 19, 2001 3:24 PM
To:	Watson, Kimberly
Subject:	RE: Lost items

	I have been trying to call her but keep getting voice mail; that's why I wrote you.  Since then, I finally got her.  Thanks!

	Hope you and John have a great Thanksgiving too!

	--Dot

 -----Original Message-----
From: 	Watson, Kimberly
Sent:	Monday, November 19, 2001 3:14 PM
To:	McCoppin, Dorothy
Subject:	RE: Lost items

Hi Dot.

Audrey is our secretary.  Her phone number is X35849.  I wasn't aware that she books 49C2, but give her a call and see
what she says.

Happy Thanksgiving.  Kim.

 -----Original Message-----
From: 	McCoppin, Dorothy
Sent:	Monday, November 19, 2001 2:40 PM
To:	Watson, Kimberly
Subject:	Lost items
Importance:	High

	Kim -- Do you know someone named Audrey Robertson?  She books the 49/C2 room.  I need to know if someone
	turned in a purse and a briefcase this morning (left there).  And, if not, who booked that room after Stan's 8 am -9:30
	staff meeting was over.

	(I've tried to call her; got her no. from Cindy Stark, but no answer.  I don't know if she is in today or not.  I went up to
	49/C2 and no purse or briefcase is there.  Yes -- I am losing it!)

	--Dot


What time do you want me to say the meeting is going to start and end?  I
need to send a reminder email with the location, time, etc.


===================================================
Need help gaining an investing edge?
Chicago Board Options Exchange recommends options trading.
Learn how options trading can benefit your portfolio.
Go now: http://www.cboe.com/options_trading101
===================================================

Recommend emails are a powerful way to get investment tips as they happen
from the ClearStation community. If you would like to UNSUBSCRIBE, go to
http://www.clearstation.com/doc/unsub_kensey.html

*NOTE : DO NOT reply to this email. Replies should be made within 'Discuss'
at the url given below.
+-+-+-+-+-+-+-+-+-
'kensey' has removed UOPX (Doink) at Oct 20 2001  2:40PM

University Of Phoenix Online ( NASDAQ : UOPX )
Symbol       Last     Time     Change     High      Low     Volume
-----        ----     ----      -----     ----      ---      -----
UOPX        24.89  10:41AM       0.88    25.12    22.80    304,800

Community Take
--------------
6 Long / 1 Short

'kensey' said:
Sat Oct 20 14:34:04 2001

take profits UOPX short +23 percent.

ka-ching.  bing badda bing bang boom.  coin, coin and more coin, give me your coin!

taking off for europe for 10 days.  i'll pack a turban in case the taliban overthrows the US while i'm there.  also mulling packing some skin paint. just to be sure.

recommended UOPX Short on Oct 8 2001 when it was trading at 32 1/4. Since then it's gone down 22.82% to 25.

call me silly. or call me sally.

bearded nomad

See the annotated graph of this recommendation at:

http://www.clearstation.com/cgi-bin/bbs?Cmd=post&post_id=2647641
+-+-+-+-+-+-+-+-+-
Recommend emails are a powerful way to get investment tips as they happen
from the ClearStation community. If you would like to UNSUBSCRIBE, go to
http://www.clearstation.com/doc/unsub_kensey.html

ClearStation is not an investment advisory service,
nor a registered investment advisor or broker-dealer and
does not purport to tell or suggest which securities
members should buy or sell for themselves. Members should
always check with their licensed financial advisor
and their tax advisor to determine the suitability of
any investment.
ClearStation, Inc. is a wholly-owned subsidiary of
E*TRADE Group, Inc. and an affiliate of E*TRADE
Securities, Inc. and E*TRADE Bank. E*TRADE Securities,
Inc. and E*TRADE Bank are wholly-owned subsidiaries of
E*TRADE Group, Inc. E*TRADE Bank deposits are insured up
to $100,000 by the FDIC. E*TRADE Bank and E*TRADE
Securities, Inc. are separate but affiliated companies.
E*TRADE brokerage accounts are maintained by E*TRADE
Securities, Inc. Products offered by E*TRADE Securities,
Inc. are not insured by the FDIC, are not deposits or
obligations of E*TRADE Bank, are subject to investment
risk, including possible loss of principal invested.
ClearStation is a registered trademark of ClearStation, Inc.
E*TRADE is a registered trademark of E*TRADE Securities,
Inc. Member NASD/SIPC.
Copyright (c) 2000. ClearStation, Inc. All rights reserved.


It's time to start planning the 2002 Mt. Bachelor Ski Trip - and your ideas are needed !!!

Please bring a preliminary list of customers and employees you would like added to the guest list.  Be sure to include complete information for guests, including name, company name and address, telephone number. and fax number.

Thanks,
Kathy S. and Kathy A.


David,

I regret to inform you I am unable to attend the conference due to previous commitments.
Would you consider a speakers form our London office?

Vince

David Warwick <djw@kwi.com> on 04/24/2001 09:47:31 AM
To:	"'Vince.J.Kaminski@enron.com'" <Vince.J.Kaminski@enron.com>
cc:
Subject:	RE: KWI User Group

Vince

Any further thoughts on this ?

David

-----Original Message-----
From: Vince.J.Kaminski@enron.com [mailto:Vince.J.Kaminski@enron.com]
Sent: 13 April 2001 21:44
To: djw@kwi.com
Cc: Vince.J.Kaminski@enron.com; vkaminski@aol.com
Subject: Re: KWI User Group

David,

Thanks for the invitation.
I shall check my schedule on Monday and will get back to you
regarding the conference.

I hope you will a very Happy Easter.

Vince

David Warwick <djw@kwi.com> on 04/12/2001 04:04:32 PM

To:   "'vince.j.kaminski@enron.com'" <vince.j.kaminski@enron.com>
cc:
Subject:  KWI User Group

Dear Vince

Please may I reintroduce myself. We met last year at the Sydney EPRM
conference which my company KWI sponsored. I chaired the session at which
you spoke.

As you may remember, my company, KWI are one of the world's leading
provider
of systems (kW3000) and consultancy for energy, trading and risk
management.
We have over 60 clients worldwide including many of the world's leading
energy companies (not Enron unfortunately):

North America
- TVA
- Ontario Power
- Cinergy
- Bonneville Power

Europe
- Enel
- ATEL
- Electrabel
- EDF

Nordic
- Vattenfall
- Fortum
- Sydkraft
- Statkraft
- Birka Energi
- Norsk Hydro

Each year we stage a "KWI Users Forum" - a 2-day event attended by leading
trading and risk staff from our clients. Last year there were about 100
delegates. The agenda primarily focusses on issues surrounding risk
management for the energy sector.

The agenda comprises keynote presentations on burning risk issues from
industry leading energy speakers and practical workshops focussed around
using our software.

This years event is at a luxury hotel in the wonderful Spanish city of
Barcelona and runs from the evening of Sunday September 9th to Tuesday
September 11th. The main conference dinner is on the Monday evening and is
always a memorable event. This year it is in a leading Barcelona restaurant
preceded by a bus tour of the city with a stop for pre-dinner drinks.

I would like to invite you to make the opening keynote address, the
highlight of the conference.

The subject could be:

*    a general energy risk related topic
*    a general insight into the secret of Enron's continued success in
the energy markets
*    your thoughts on the future development on energy markets (and other
commodity related - bandwidth etc.) worldwide

Obviously, we would cover all your delagate costs including accomodation,
food and drink.

What's in it for you ? Many of our users are some the energy sectors
leading
risk thinkers and I'm sure you would enjoy meeting them and exchanging
views.

Please let me know if you are able to accept the invitation.

Best regards

David Warwick - Marketing Dierctor and Co-founder


Please pst and circulate to the team.  We probably need to open a new section
on the site to adress gas prices.
----- Forwarded by Steven J Kean/NA/Enron on 09/27/2000 05:32 PM -----

	Shelley Corman
	09/07/2000 05:34 PM

		 To: Richard Shapiro/HOU/EES@EES, Steven J Kean/NA/Enron@Enron, James D
Steffes/HOU/EES@EES, Rob Bradley/Corp/Enron@ENRON, Margaret
Carson/Corp/Enron@ENRON
		 cc:
		 Subject: Message Points on Higher Gas Prices

I anticipate that GPG management will be asked at several upcoming industry
meetings to comment on the reasons for and implications of rising natural gas
prices.  Attached is a  proposed set of talking points for use in Q&A and
briefing materials.    Please let me know if you find these message points to
be consistent with our general Enron response to pricing inquiries.


Here is CLECA's (Barbara Barkovich's) current thinking.

 - CLECA proposal.doc


Probably not.  Let's communicate Breathitt's interest to Bone and stay out of
it for now.

Richard Shapiro
08/16/2000 08:42 AM
To: Steven J Kean/HOU/EES@EES
cc: Joe Hartsoe/Corp/Enron@ENRON, James D Steffes/HOU/EES@EES
Subject: Re: Bill Massey

Is this the right time to weigh ?

Steven J Kean
08/16/2000 06:56 AM
To: Joe Hartsoe/Corp/Enron@ENRON
cc: Richard Shapiro/HOU/EES@EES, James D Steffes/HOU/EES@EES
Subject: Re: Bill Massey

I believe we should back Massey as well.  Who do we weigh in with now?

Joe Hartsoe@ENRON
08/15/2000 08:27 AM
To: Steven J Kean/HOU/EES@EES, Richard Shapiro/HOU/EES@EES, James D
Steffes/HOU/EES@EES
cc:
Subject: Bill Massey

Steve/Rick/Jim  ---  Talked to John Anderson yesterday.  He had just gotten
off the phone with Massey.  Massey believes Linda B.  is spending time at the
White House lobbying to be Chair.   Have we decided whether to back either
and if so which?  I would prefer backing Massey.  Thoughts?   JOE
202.466.9150
---------------------- Forwarded by Joe Hartsoe/Corp/Enron on 08/15/2000
09:13 AM ---------------------------

janderson <janderson@elcon.org> on 08/14/2000 03:05:28 PM
To: jhartso@enron.com
cc:

Subject: Bill Massey

Joe,

As you are probably aware, Jim Hoecker is considering leaving FERC
relatively soon.  The President will then name a new Chairman.  Bill Massey
is quite interested in receiving the nomination.

Please call to discuss.

John


Audrey,

Please book room 1336 for a meeting with Reliant on Wednesday Dec 5 at 2:00 until 3:30.

If it is already booked, please let me know.

Thanks,

Mark

Mark McConnell
Transwestern Pipeline Company
713-345-7896   office
713-822-4862   cell
713-646-2551   fax
mark.mcconnell@enron.com


Attached is an updated copy of this document (in case you are printing it out
and keeping it for your reference.)

Thanks!
Kim H.


pls put on my calendar.  thanks.df
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 05/11/2000
09:04 AM ---------------------------
MEETING CONFIRMATION

From: Rosemary Gracey on 05/09/2000 03:26 PM
To: Dave Neubauer/ET&S/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON, Kent
Miller/ET&S/Enron@ENRON, John Dushinske/ET&S/Enron@ENRON, Tim
Johanson/ET&S/Enron@ENRON, Steven January/ET&S/Enron@ENRON
cc: Deb Cappiello/ET&S/Enron@ENRON, Sharon Brown/ET&S/Enron@ENRON
Subject: Meeting Confirmation - May 23rd

TOPIC(S): Flex Services
 DATE: Tuesday, May 23
LOCATION: Rm 646 (Library)/we will call Steve in his office X5659
TIME: 1:00-4:00 pm

For questions, please call John X7440.


Just checking to see if you were able to identify gas person for me - Have
you been able to identify someone who has been active in intrastate
proceedings?

Thanks!
---------------------- Forwarded by Stephanie Miller/Corp/Enron on 12/05/2000
02:13 PM ---------------------------

Stephanie Miller
11/29/2000 10:53 AM
To: Jeff Dasovich/NA/Enron@Enron
cc:

Subject: Info on California Gas Initiatives

Who has been looking after our interest in the CA PUC competition intiatives
for Socal/SDG&E and PG&E? I am looking for a good summary of where we are to
date (cliff notes!).

Please advise.

Regards,

Stephanie


Please invite him to come to the interview.  I have talked to people that he worked with and they highly recommend him.  I sent him an email and asked him to call me when he gets a chance.  I had trouble dialing his number.

Thanks,
Mike

-----Original Message-----
From: Engler, Adrianne
Sent: Thursday, October 25, 2001 10:26 AM
To: Allen, Phillip K.; Grigsby, Mike
Subject: Good morning -

Phillip/Mike,

Have you had an opportunity to ring the candidate I e-mailed you about yesterday?

Thanks,

Kind regards,

Adrianne


Claude Huss found this article on whether a government program to promote
training is using marginal incentives

Should California Media Firms Get State Funds for Training?

By SHEILA MUTO
>From The Wall Street Journal Interactive Edition

 For years, the state Employment Training Panel gave little attention to
two renowned California enterprises -- multimedia and entertainment.
 But then both industries started complaining of a tight labor market and
stiff competition from outside the state. As a result, a raft of companies,
including Seagram Co.'s Universal Studios, Walt Disney Co. and USWeb/CKS
Corp., have been the beneficiaries of $9 million from the Employment
Training Panel. The eight-member board metes out about $100 million
annually to attract and retain businesses and jobs by improving workers'
skills.
 And while California clearly has an interest in promoting a healthy
climate for business -- including an able work force -- some are
questioning whether multimedia and entertainment are really the kind of
struggling industries that couldn't make it without state assistance.
 The funds doled out by the Training Panel amount to "corporate welfare,"
says Naomi Lopez, a policy analyst at the Pacific Research Institute, a
free-market-oriented think tank in San Francisco. And "just because there's
a labor shortage in entertainment and multimedia doesn't mean we need to be
using government resources to alleviate {it}."
 According to Brady Bevis, director of San Francisco's Bay Area Multimedia
Partnership, that's exactly what the Training Panel should be doing to
ensure the health of the state's economy. "These industries and jobs can go
anywhere," she adds, noting they are already moving to Canada, India and
Japan.
 Training Panel funds come from a special tax collected from businesses,
which amount to a maximum of about $7 per employee. Businesses or training
agencies apply to the panel to underwrite their training programs, and can
be reimbursed for them after employees complete the training and stay with
their jobs for 90 days. The bulk of panel funds -- between 60% and 70% --
go to manufacturers.
 Kathleen Milnes, a senior vice president at the Entertainment Industry
Development Corp. in Los Angeles, estimates that entertainment companies
fork over about $4 million annually to the panel fund, but until recently
hadn't benefited from it. "We were subsidizing other industries," she says.
 So in 1996 Ms. Milnes's and Ms. Bevis's organizations prompted the
Training Panel's venture into the celluloid and digital realms. The two
economic-development nonprofits devised a program called SkillsNet, which
aims to keep cutting-edge, high-paying entertainment and multimedia jobs in
the state. The effort has received about $653,000 from the panel to study
which skills companies are looking for, set up a Web page, and help firms
tap into state training funds, among other things. Later this month,
SkillsNet plans to unveil a new report on the post-production industry,
plus an online posting of internships.
 But misgivings about the panel's new focus are being unveiled as well.
 Though he hasn't looked at the impact of state training dollars spent on
multimedia and entertainment companies, Richard W. Moore, a management
professor at California State University-Northridge, says that panel funds
are most effective when used as an incentive for employers who typically
"underinvest" in training. In contrast, entertainment and multimedia
companies "tend to invest in training anyway," says Prof. Moore, who was
commissioned by the panel to assess its effectiveness. He released reports
in 1994 and 1995; his next study is set to come out later this summer.
 In general, he says, the panel "works." Based on his 1995 report, Prof.
Moore found that the training provided by panel funds meant that after two
years, employees who received retraining increased their salary by $4,910,
and new hires increased theirs by $6,038. Considering the panel spends only
about $1,500 a participant, he says that's a healthy payoff.
 Still, Sen. Patrick Johnston, the Stockton Democrat who wrote the
legislation that created the Employment Training Panel in 1982, is
attempting to reel in the agency through Senate Bill 43. Among other
things, the bill, which has already passed the Senate, reduces the panel
from a grant-making agency to an advisory commission to the state
Employment Development Department.
 While the panel has "helped some workers and boosted some businesses that
are important to the California economy," in other instances, it has made
less than stellar funding decisions, Sen. Johnston says, pointing to funds
given to hotels, law firms and other service industries that "clearly
weren't going anywhere." But he believes that the agency's focus on
multimedia and entertainment will prove to be "an effective use of state
funds."
 During the past three years, the panel has awarded $8.9 million for
retraining about 5,000 workers and training 320 new hires on the latest
computer systems, software, and techniques in the multimedia and
entertainment fields. For example, state records show that Universal
Studios was granted $1.1 million last year to retrain 1,423 employees in
management and computer skills. And Video Symphony Entertraining Inc. in
Los Angeles, received $1.4 million to retrain workers from companies
including Walt Disney on techniques such as video editing and digital
animation.
 The entertainment and multimedia industries need the funds, says Charles
Lundberg, the panel's marketing director, because "competition keeps
getting tougher and the software and hardware keeps getting upgraded."
 Indeed, Paul Sidlo, chief executive of REZN8 Productions Inc., which does
everything from Web design to visual effects for film and television, says
his Los Angeles firm has lost out to Canadian companies on a handful of
contracts because they underbid him by nearly 40% -- thanks to government
subsidies. Given that, the 3-D animation training that 15 of his employees
received last year through funding from the state -- which he estimates was
worth about $40,000 in instruction costs and employees' time -- went a long
way toward reducing the $700,000 he spends annually on retraining workers.
 The training subsidy, he says, "really helped."

My comments:
 Trainin funds are most useful it they go to folks who would not pay for
the training themselves; perhaps due to difficulties borrowing.  Also, if
the skills are useful at many employers, no single employer wants to pay
for the skills that workers walk away with to competitors.
 Do you think the multimedia training subsidies meets these critera?  If
not, how could one target the training better?

David I. Levine                 Associate professor
Haas School of Business    ph: 510/642-1697
University of California    fax: 510/643-1420
Berkeley CA  94720-1900                            email:
levine@haas.berkeley.edu
http://web.haas.berkeley.edu/www/levine/


Steve,

Yikes, I thought you were on eSpeak the following week.  I am in Artesia on Tuesday the 6th and won't be able to help you.  I'll be sure to submit some questions for you to answer.

Sorry,

Kim.

 -----Original Message-----
From: 	Robertson, Audrey
Sent:	Thursday, November 01, 2001 9:03 AM
To:	Centilli, James; Donoho, Lindy; Harris, Steven; Jones, Dana; Lindberg, Lorraine; Lohman, TK; Lokay, Michelle; McConnell, Mark; Robertson, Audrey; Watson, Kimberly; Y'Barbo, Paul
Subject:	eSpeak w/Steve Harris

Let's  remember to take time to speak with Steve on "eSpeak", Tuesday, November 6, 10:00a.  If you have questions you'd like to submit prior to the broadcast, please feel free to forward them to me or Steve.

Transwestern Pipeline Company should be an interesting topic for discussion.

adr

Audrey D. Robertson
Transwestern Pipeline Company
email address:  audrey.robertson@enron.com
(713) 853-5849
(713) 646-2551 Fax


fyi
---------------------- Forwarded by Kay Mann/Corp/Enron on 12/03/2000 05:53
PM ---------------------------

Kay Mann
12/03/2000 05:32 PM
To: Mike J Miller/HOU/ECT@ECT, Tosha Henderson/HOU/ECT@ECT, Lisa
Bills/Corp/Enron@ENRON, Ozzie Pagan/HOU/ECT@ECT, Carl
Tricoli/Corp/Enron@Enron, Heather Kroll/HOU/ECT@ECT, Christopher F
Calger/PDX/ECT@ECT, Roger Ondreko/HOU/ECT@ECT
cc:

Subject: GenPower term sheet

Here's the draft term sheet for GenPower.

Please holler if you have any comments.

Kay


Dan,

Attached are the details for the enovate transaction(s)/purchases of physical
gas from Reliant @ Trunkline Stx pool.  I received your draft of the agreed
Master for the 30,000/ day parcel.  Could you draft a form for the 5,000/day
parcel winter only.  I need this turned around so I can forward to the
Reliant people ASAP.  I also need to forward any changes to the agreement
past our partners PEC legals folks.

Thanks,

If you have any questions please call me at (312) 541-1226


Here's the thing I'm doing on Thursday.

Do you have a form of bio for anybody around here?  I need to make something
up for the paper.

Thanks,

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 03/13/2001 09:44
AM ---------------------------

"Cogan, John" <JCogan@KSLAW.com> on 03/12/2001 05:06:53 PM
To: "'C. Kay Mann (E-mail)'" <Kay.Mann@enron.com>
cc: "Keffer, John" <JKeffer@KSLAW.com>

Subject: RE: Roundtable

Dear Kay, I was delighted to hear from John Keffer that, subject to
receiving internal approvals, you would be joining us for our Roundtable
discussion on Thursday. When you get the necessary approvals could you
please send me your bio so that we can make sure you get due credit in The
Texas Lawyer? Many thanks, John C.

> -----Original Message-----
> From:   Keffer, John
> Sent:   Monday, March 12, 2001 4:47 PM
> To:   C. Kay Mann (E-mail)
> Cc:   Cogan, John; LaFollette, Chris; Coley, Randy
> Subject:   Roundtable
>
> Dear Kay,
>
> Confirming our discussion, The Texas Lawyer has asked King & Spalding to
> organize a Roundtable Discussion of lawyers and business people to discuss
> how the two professions relate to each other in the context of complex
> business transactions.
>
> The Roundtable would take place privately in a conference room in our
> offices with a court reporter recording the discussion, which would then
> be published in an upcoming issue of the newspaper. Participants will have
> the opportunity to edit their remarks before they are published. John
> Cogan will be co-chairman of the proceedings with our partner, Chris
> LaFollette.  I unfortunately cannot attend as I will be out of town.
>
> The Discussion will take place on Thursday, March 15, from 2 to 3:30. We
> will hold a planning session over lunch in one of our conference rooms
> from 12:30 to 2. No other preparation would be required.
>
> You would be a terrific representative from Enron to join us and provide
> Enron's perspective. Please confirm your attendance as soon as you get the
> internal approvals by calling John Cogan at 713.276.7371 or by e-mail at
> jcogan@kslaw.com.
>
> Best regards,
> John
>

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


User ID:  enrondlr
PW:        bnaweb22

 -----Original Message-----
From: 	"BNA Highlights" <bhighlig@bna.com>@ENRON [mailto:IMCEANOTES-+22BNA+20Highlights+22+20+3Cbhighlig+40bna+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Monday, July 09, 2001 11:13 PM
To:	BNA Highlights
Subject:	July 10 -- BNA, Inc. Daily Labor Report

______________________________

DAILY LABOR REPORT
Highlights & Table of Contents
July 10, 2001
______________________________

ISSN 1522-5968

Registered Web subscribers can access the full text of these
articles by using the URL link supplied.

Information about becoming a subscriber or signing up for a
FREE Web trial is available at http://web.bna.com or call
BNA Customer Relations at 1-800-372-1033, Mon. - Fri. 8:30
am - 7:00 pm (ET).
__________

HIGHLIGHTS
__________

SECOND CIRCUIT RULES NYTEL-CWA PACT ON DUES PAYMENTS
UNENFORCEABLE

Communications Workers of America Local 1100 cannot enforce
an agreement with New York Telephone Co. calling for the
company to make monthly payments equal to the dues the union
would have collected if the company had not used nonunion
temporary workers, the Second Circuit rules ("New York
Telephone Co. v. Communications Workers of Am. Local 1100,
"2d Cir., No. 00-9182, 7/5/01).

Vacating an arbitration decision in the union's favor, the
appeals court affirms a federal district court decision that
the agreement violates the Labor-Management Relations Act's
prohibition on employer payments to unions. The appeals
court decides the payments do not fit statutory exceptions
for deducting dues from employees' wages or paying an
arbitration award. . . . Page AA-1

http://pubs.bna.com/ip/BNA/dlr.nsf/id/a0a4k2a9u4_

HOSPITAL MAY HAVE TITLE VII LIABILITY FOR PATIENT'S SEXUAL
ASSAULT OF DOCTOR

A Kansas psychologist who was sexually assaulted by a
patient can sue her former employer, a Topeka mental health
center, for violating Title VII of the 1964 Civil Rights Act
by failing to take reasonable measures to protect her from a
hostile environment created by sexually aggressive patients,
the Tenth Circuit rules ("Turnbull v. Topeka State Hospital,
"10th Cir.,  No. 00-3086,  7/5/01).

Reversing a trial court's judgment as a matter of law for
the now-defunct Topeka State Hospital, Judge Seymour holds
that a reasonable jury could find that Cynthia Turnbull
presented enough evidence that the hospital knew or should
have known that the patients were creating a sexually
hostile environment but did not take appropriate remedial
steps to address the dangers their behavior created. . . .
Page A-1

http://pubs.bna.com/ip/BNA/dlr.nsf/id/a0a4k2a6f3_

UNION MEMBERS AT DISNEY WORLD APPROVE THREE-YEAR CONTRACT

Members of six union locals representing hourly employees at
Walt Disney World Co. approve by nearly a 2-1 margin a new
three-year contract covering some 25,000 workers at the
Orlando, Fla., entertainment complex. The accord raises the
new-hire rate by 35 cents to $6.70 per hour, enhances the
pension benefit for long-term employees, limits the amount
of health-care premium increases that can be passed on to
employees, and commits Disney to remaining neutral in any
union organizing among currently unrepresented part-time
employees.

The new agreement continues the two-tier wage structure
first included in the contract during the last round of
negotiations in 1998.  Employees on the first tier, hired
before Dec. 12, 1998, who are at the top of the five-year
wage scale, will receive a 2 percent increase retroactive to
April 1, a $1,000 lump-sum cash payment in October, and lump
sums of $1,500 in October 2002 and 2003. For second-tier
employees hired after Dec. 12, 1998, the new contract
upgrades the wage rates at the various steps of the
progression, establishing a five-year top rate of $8.57 per
hour as of July 2004. . . . Page A-1

http://pubs.bna.com/ip/BNA/dlr.nsf/id/a0a4k2a4p9_

LTV, CREDITORS, UNION SEEK COURT APPROVAL OF TENTATIVE
CONTRACT

LTV Corp. announces its approval of a tentative labor
contract reached between the company's creditors and the
United Steelworkers that would allow the steel producer to
restructure itself. On the same day, a bankruptcy court
judge sets a July 30 hearing to consider approval of the
agreement.

The tentative agreement would provide the company with
millions in savings through restructuring work arrangements
as well as restructuring health care to reduce costs. It
also would eliminate significantly more steelworker jobs
than the company originally had proposed, but would give
union members 20 percent ownership, two seats on the board
of directors, and profit sharing, once LTV returns to
profitability. . . . Page A-7

http://pubs.bna.com/ip/BNA/dlr.nsf/id/a0a4k2a7x5_

ATF, CHEMICAL SAFETY PANEL SIGN ACCORD ON COORDINATING
INQUIRIES

The Chemical Safety and Hazard Investigation Board and the
Bureau of Alcohol, Tobacco, and Firearms sign an agreement
to better coordinate investigations of chemical plant
explosions and to improve exchange of chemical safety data.
The memorandum of understanding lists 10 principles aimed at
improving the process under which the agencies are to notify
each other of chemical explosions at chemical plants.

Although it has no enforcement authority, the Chemical
Safety Board offers recommendations for rulemakings to the
Occupational Safety and Health Administration, the
Environmental Protection Agency, and other state and federal
agencies.  ATF, a division of the Treasury Department,
enforces criminal law related to arson and explosives.

Under the agreement, both the chemical board and ATF will
rely on sources such as the National Response Center, a
federal operation open 24 hours a day, for initial
notification of chemical releases. The board also will
notify the ATF Enforcement Operation Center, based in
Washington, D.C., when it begins an investigation of a
chemical accident. The agreement is designed to prevent
duplicative investigations and minimize disputes over
jurisdiction in investigations. . . . Page A-7

http://pubs.bna.com/ip/BNA/dlr.nsf/id/a0a4k2a1d0_

________________

ALSO IN THE NEWS
________________

ECONOMIC OUTLOOK: Economists overwhelmingly predict that the
U.S. economy will avoid slumping into a recession, but they
say the business climate during the second quarter was the
worst they have seen since the 1990-1991 recession,
according to the National Association for Business
Economics's quarterly industry survey of 135 economists. . .
. Page A-3

http://pubs.bna.com/ip/BNA/dlr.nsf/id/a0a4k1y3w6_

INTERNATIONAL LABOR: Despite their relatively small
representation in the workforce, female executives in the
United States have outpaced their counterparts in other
countries, according to a new study by the International
Labor Organization. In the United States, women held 5.1
percent of the highest ranking executive management
positions in 1999 compared with 2 percent in France, 3
percent in Germany and Brazil, and 3.6 percent in the United
King- dom. . . . Page A-2

http://pubs.bna.com/ip/BNA/dlr.nsf/id/a0a4k1y4x2_

CONSTRUCTION: Wage and benefit increases negotiated in the
first year of new construction-industry bargaining
agreements in 2001 have averaged $1.54 per hour, or 5
percent, according to data compiled by the industry-backed
Construction Labor Research Council.  The figures compare
with $1.23 per hour, or 4.1, percent negotiated for the
comparable period a year ago. . . . Page A-8

http://pubs.bna.com/ip/BNA/dlr.nsf/id/a0a4k2a0e3_

_________________

TABLE OF CONTENTS
_________________

LEADING THE NEWS

LABOR LAW
   Second Circuit rules CWA Local 1100 cannot enforce
   illegal agreement with New York Telephone Co. for payment
   of monthly sums equal to dues union would have collected
   if company had not used nonunion temporary workers . . .
   Page AA-1
   http://pubs.bna.com/ip/BNA/dlr.nsf/id/a0a4k2a9u4_

____

NEWS
____

AGE DISCRIMINATION
   Tenth Circuit reverses decertification of class in age
   discrimination case, finding lower court failed to
   recognize pattern-or-practice theory offered by
   plaintiffs . . . Page A-6
   http://pubs.bna.com/ip/BNA/dlr.nsf/id/a0a4k1y2p1_

AIRLINES
   IAM files petition with NMB for representation election
   among about 7,800 fleet service employees of Continental
   Airlines . . . Page A-10
   http://pubs.bna.com/ip/BNA/dlr.nsf/id/a0a4k2c8x1_

CONSTRUCTION
   Construction Labor Research Council releases data showing
   wage and benefit increases negotiated in first year of
   new construction-industry labor agreements in 2001 have
   averaged $1.54 per hour, or 5 percent . . . Page A-8
   http://pubs.bna.com/ip/BNA/dlr.nsf/id/a0a4k2a0e3_

DISCRIMINATION
   Eighth Circuit finds bank vice president denied pay
   raises after poor performance reviews failed to show
   denials were motivated by age or disability bias . . .
   Page A-5
   http://pubs.bna.com/ip/BNA/dlr.nsf/id/a0a4k1x2x4_

ECONOMIC OUTLOOK
   Surveyed economists expect U.S. economy to avoid
   recession, but say business climate during second quarter
   was worst since 1990-1991 recession . . . Page A-3
   http://pubs.bna.com/ip/BNA/dlr.nsf/id/a0a4k1y3w6_

ENTERTAINMENT
   Members of six locals approve three-year contract
   covering some 25,000 Walt Disney World Co. workers in
   Orlando, Fla. . . . Page A-1
   http://pubs.bna.com/ip/BNA/dlr.nsf/id/a0a4k2a4p9_

HEALTH CARE
   President Bush urges Congress to pass patients' bill of
   rights bill acceptable to administration before August
   recess . . . Page A-9
   http://pubs.bna.com/ip/BNA/dlr.nsf/id/a0a4k2d3d5_

HOTEL EMPLOYEES
   HERE international lifts trusteeship begun in late
   February following election of Eric Gill to head Local 5
   in Honolulu . . . Page A-9
   http://pubs.bna.com/ip/BNA/dlr.nsf/id/a0a4k2b7y2_

INTERNATIONAL LABOR
   ILO study finds female executives in United States
   outpace counterparts in other countries in rising to
   executive management positions . . . Page A-2
   http://pubs.bna.com/ip/BNA/dlr.nsf/id/a0a4k1y4x2_

JOB TRAINING
   Judge rules NLRA prohibits federal court from requiring
   New York State Department of Labor and its commissioner
   to process apprenticeship program application . . . Page
   A-4
   http://pubs.bna.com/ip/BNA/dlr.nsf/id/a0a4j9j6z1_

LABOR DEPARTMENT
   President Bush to nominate veterans' affairs activist
   Frederico Juarbe Jr. to be assistant secretary of labor
   for veteran's employment and training . . . Page A-10
   http://pubs.bna.com/ip/BNA/dlr.nsf/id/a0a4k2b5m8_

SAFETY & HEALTH
   Chemical Safety and Hazard Investigation Board and BATF
   sign agreement to better coordinate investigations of
   chemical plant explosions and improve exchange of
   chemical safety data . . . Page A-7
   http://pubs.bna.com/ip/BNA/dlr.nsf/id/a0a4k2a1d0_

SEX DISCRIMINATION
   National Women's Law Center urges women workers to join
   in campaign demanding health insurance coverage for
   prescription contraceptives . . . Page A-10
   http://pubs.bna.com/ip/BNA/dlr.nsf/id/a0a4k2a5a9_

SEXUAL HARASSMENT
   Tenth Circuit rules Kansas psychologist sexually
   assaulted by patient can sue Topeka State Hospital for
   violating Title VII by failing to take reasonable
   measures to protect her from hostile environment created
   by sexually aggressive patients . . . Page A-1
   http://pubs.bna.com/ip/BNA/dlr.nsf/id/a0a4k2a6f3_

STEEL
   LTV Corp. approves tentative labor contract between
   company's creditors and United Steelworkers that would
   allow steel producer to restructure . . . Page A-7
   http://pubs.bna.com/ip/BNA/dlr.nsf/id/a0a4k2a7x5_

______________

TABLE OF CASES
______________

Building Trades Employers' Educ. Ass'n v. McGowan (S.D.N.Y.)
. . . Page A-4
   http://pubs.bna.com/ip/BNA/dlr.nsf/id/a0a4j9j6z1_

New York Tel. Co. v. Communications Workers of Am. Local
1100 (2d Cir.) . . . Page AA-1
   http://pubs.bna.com/ip/BNA/dlr.nsf/id/a0a4k2a9u4_

Sprenger v. Federal Home Loan Bank of Des Moines (8th Cir.)
. . . Page A-5
   http://pubs.bna.com/ip/BNA/dlr.nsf/id/a0a4k1x2x4_

Thiessen v. General Elec. Capital Corp. d/b/a Montgomery
Ward Credit Servs. (10th Cir.) . . . Page A-6
   http://pubs.bna.com/ip/BNA/dlr.nsf/id/a0a4k1y2p1_

Turnbull v. Topeka State Hosp. (10th Cir.) . . . Page A-1
   http://pubs.bna.com/ip/BNA/dlr.nsf/id/a0a4k2a6f3_

   __________
   Daily Labor Report (ISSN 1522-5968) Highlights are
   published daily by The Bureau of National Affairs, Inc.,
   1231 25th St., NW, Washington, DC 20037.

   For account information and changes, contact
   1-800-372-1033 (M-F, 8:30 am-7:00 pm ET)

   To request retransmission or to order a copy of the
   summarized article, contact 1-800-452-7773 or e-mail
   bnaplus@bna.com.

   For copyright guidelines, go to
   http://www.bna.com/corp/copyright.

   Copyright (c) 2001 by The Bureau of National Affairs,
   Inc.  Washington, D.C.  20037.  Use of this service is
   subject to the terms and conditions of the license
   agreement with BNA.  Unauthorized access or distribution
   is prohibited.


We bought gas from CPA (deal 154508) and sold it to CES (deal 154516).  The
upstream contract number is 38095.


Thanks.  Go ahead and release but make sure Mark Metss' group have seen the
financials before releasing to UBS.

Chris Lambert
05/17/2001 06:39 PM
To: Stanley Horton/Corp/Enron@Enron
cc: Adam Umanoff/EWC/Enron@ENRON, Mike Westbeld/EWC/Enron@Enron, Tod A
Lindholm/Enron@EnronXGate

Subject: EW Americas 2001 Actuals

Mr. Horton,

Please find attached the 2001 first quarter actual results for the Enron Wind
Americas division.  Adam, Mike, and Tod are traveling, and have reviewed and
approved the attached statements.

We are prepared to release these numbers to the UBS due diligence team
pending your approval.  The statements will not be released until I have
received your authorization.

Please contact me at (661) 823-6467 if you have concerns or questions.

Thank you.

Chris Lambert
Director, Planning Americas
Enron Wind


Please join us for a farewell party for
Kristian & Monica Lande
TODAY
5:00 PM

OBA
555 NW 12th
503-228-6161


We have seen an early release of legislative language.  It is SB 1433
Alpert/Davis.

1.  It institutes a rate cap of 6.5 cents/kWh for residential and small
commercial retroactive to June 2000 through December 31, 2002.  It leaves the
ability for the Commission to extend to 2003 if in the public interest.  (We
will strike the last part.)

Small commercial customers are all accounts on Schedule A, all accounts who
are general acute care hospitals, public and private k-12 schools and all
accounts on AL-TOU (up through 6000 kWh/billing period)

2.  Provides an opt-in provision for large commercial/agricultural/industrial
customers with an annual true-up.

The sense I got was that CMTA/CLECA may have asked for this.  It gives
legislative cover.  Will be difficult to administer and the true-up will
discourage sign up.

Please let me know if you agree.

3.  Provides that overcollections of PPA/QFs/SONGs will be used to offset
undercollections of cap.

Our comment is that the overcollections, on a pro-rata basis will be used to
offset the cap.  All customers pay stranded costs associated with those
contracts, all customers should receive stranded benefits.

4.  SDG&E is still subject to reasonableness review by the Commission.  To
the extent FERC orders refunds as part of its investigation, such refunds
will go to SDG&E's customers.

Not too bad.


We will see what we can flow interruptibly into NWPL in order to reduce the
Questar transport charges and increase the netback.
----- Forwarded by Mark Whitt/NA/Enron on 10/03/2000 08:33 AM -----

	Theresa Staab
	10/03/2000 08:09 AM

		 To: Mark Whitt/NA/Enron@Enron
		 cc: Paul T Lucci/NA/Enron@Enron, Nicole Cortez/NA/Enron@Enron, Steven P
South/HOU/ECT@ECT, Jacqueline P Adams/HOU/ECT@ECT, Stacey J
Brewer/HOU/ECT@ECT, Joan Quick/HOU/ECT@ECT
		 Subject: Crescendo Noms on NWPL

Mark,

I spoke to Liz Orr this morning regarding the status of nominating the
Crescendo gas on NWPL.  Due to a couple of the interconnects constrained into
NWPL due to high hydrocarbons there is only one delivery point available to
flow into NWPL (Foundation Creek).  They are holding space for actual
producers behind Foundation Creek to flow into NWPL and the remaining 40% of
capacity for the other producers.  Cresendo's pro-rata share into NWPL would
be 1,000 MMbtu/day.  Interruptible transport is flowing into NWPL.

Liz also said they are very close to having the Grand Valley point back in
spec for quality which will increase our flow into NWPL up to 2,000
MMBtu/day.  She's hopeful for the end of the week for this increase.

The meter number on NWPL for Foundation Creek is Map Pt. 56 (meter 48010 on
Wildhorse).

We will be trying 1,000 for tomorrow's gas day into NWPL and will keep
everyone informed when we can increase to 2,000.

Please call me with any questions at (303) 575-6485.

Thanks,
Theresa


I am happy to introduce a new addition to the West Power Structuring Desk -
Glenn Surowiec.

Glenn received his MBA from SMU in 1999 and has since worked for Enron in two
capacities: 1) Structured Finance in Houston and 2) Commodity Structuring at
EBS in Portland.

Pleae stop by and introduce yourself to Glenn and join me in welcoming him to
our office.

Todd A. Perry    503.464.8122 (work)
Enron North America   503.807.6106 (cell)
121 SW Salmon Street   503.464.3740 (fax)
3WTC 0306    todd.perry@enron.com
Portland, OR  97204


What's the final answer.... do you need the enduser gas or do you want me to
cut the enduser gas? P

 If you really need the enduser gas... the only other option is for me... is
to beg TCO to let me inject some pool gas into storage for that gas day to
avoid the $10 withdrawal penalty... but we would still incur the overrun
charge plus the additional overrun charge to get the gas into storage. Need a
decision by 1 pm CST time on Monday, January 31st. Thank you!!!!

Please pass this note to Melissa... still don't have her e-mail address.

Can't wait for it to warm up!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

	From:  Joan Veselack                           01/27/2000 07:38 PM

To: hboyd@columbiaenergygroup.com, kdestep@columbiaenergygroup.com
cc: mstiles@columbiaenergygroup.com, knovsek@columbiaenergygroup.com, Chris
Germany/HOU/ECT@ECT, Dick Jenkins/HOU/ECT@ECT, Scott Hendrickson/HOU/ECT@ECT,
Katherine L Kelly/HOU/ECT@ECT, Victor Lamadrid/HOU/ECT@ECT, Joann
Collins/Corp/Enron@ENRON, Robert Allwein/HOU/ECT@ECT, Scott Neal/HOU/ECT@ECT

Subject: TCO STOW Overage - 1/24

Kara/Heidi, please give this to Brian and Melissa.

Because the burns significantly increased on 1/24 from the forecasted amount
(+16749). Contract #63281 was over-run and Storage #51407 was over-withdrawn.
Contract over-run is $.21 per dkt and storage over-withdrawls are $10 per dkt.

Because the forecast was lower, I let Joann use the extra space for CES
Enduser Market. TCO will let me cut gas to CES Enduser Markets as a retro.
Not sure if you want this gas to flow or try to make it up over the weekend.
If you need the gas to flow because of OFO penalties, maybe the storage
over-withdrawal is cheaper than incurring OFO penalties. Please tell me what
you want me to do. Need to do the retro's ASAP while TCO is still feeling
generous.

FYI, the traders at Enron talked to Noel Bartlo on Tuesday. Noel said any
costs over the space that retail had (134,710 for choice), Enron had the
right to pass on the costs. I really hope the Noel communicated that to CES
Retail. I would hate to have a huge misunderstanding between Enron and CES
Retail. Remember, we schedulers are caught in the middle... and don't try to
cause unnecessary pain.

63281/236 coh 7-1  2934/2872
63281/170 coh 7-5  1922/1881
63281/99 coh 5-2  427/418
63281/221 cpa8-35 1639/1604
63281/220 cpa8-35 511/500

Total    7433/7275


Tony,
	The address is 3 Allen Center Office 1604A
 -----Original Message-----
From: 	Ochsner, Preston
Sent:	Tuesday, October 02, 2001 5:52 PM
To:	Marquez, Tony
Cc:	Stokley, Chris
Subject:	Guadalupe

Tony,

Chris will be helping us implement Guadalupe. Please set it up on his machine at your earliest convenience.

He's in 3 Allen Center. Office 1603

Thanks,
Preston Ochsner
Commodity Risk Management
Enron Wholesale Services
713-345-3341