Not that I am aware of--it looked like he was talking off of notes, but I was sitting behind him and couldn't see very well.  That's why I thought a transcript might be a good idea....or if he did have a prepared statement that he submitted to FERC, would they post it on a web site?  Question for Sarah?

-----Original Message-----
From: Shelk, John
Sent: Tue 10/23/2001 4:17 PM
To: Landwehr, Susan M.
Cc: Hueter, Barbara A.; Robertson, Linda; Nord, Sue; Shortridge, Pat; Novosel, Sarah; Shapiro, Richard; Guerrero, Janel; Steffes, James D.
Subject: RE: RTO Week -- Summary of Standards and Practices Panel

Getting more information in this person and getting him to contact Congress is very important.  He is in the district of House Chief Deputy Whip Roy Blunt (R-MO), who is Cong. DeLay's right-hand man in the leadership.  He also serves on the Barton Subcommittee.  While Linda, Pat and I had breakfast with him next week, and he will be in Houston for next month, he and his staff stress that he is close to public power in his district, which includes Springfield, MO.  Did he have a prepared statement at the RTO Week hearing?

-----Original Message-----
From: Landwehr, Susan M.
Sent: Tuesday, October 23, 2001 5:12 PM
To: Shelk, John
Cc: Hueter, Barbara A.; Robertson, Linda; Nord, Sue; Shortridge, Pat; Novosel, Sarah; Shapiro, Richard; Guerrero, Janel; Steffes, James D.
Subject: FW: RTO Week -- Summary of Standards and Practices Panel

John--this is the recap from Thursday afternoon of RTO week.  Although Andy did not focus on it in his report, there was an individual who sat on the panel from Missouri that did a fantastic job of supporting FERC and market postitions despite the fact that he is a public power guy.  His name is Bill Burks and he is the Associate General Manager of the City Utilities of Springfield, Missouri.  In his comments he stated that his utility was "wholeheartedly supporting FERC moving forward to push for on RTO" and then went on to talk about how Missouri is going to continue to suffer from seams issues if FERC doesn't stick to their guns on just a few major RTOs.

He stated that "flexible" standardization would not work and that the FERC should put out a platform of standardized tariffs and if there was some utility or group of stakeholders that thought they were special or unique or different, then the burden of proff should be on them to petition FERC for an exemption, not the other way around.

I'm thinking that this gentlemen would be an excellent choice for a committee hearing if you have the opportunity to suggest folks to testify in the future. IF you are able to get transcripts from RTO week, it might also be worth it to review his comments and pass them on as appropriate.

-----Original Message-----
From: Rodriquez, Andy
Sent: Thu 10/18/2001 4:46 PM
To: Black, Tamara Jae; '/o=ENRON/ou=NA/cn=Recipients/cn=notesaddr/cn=a478079f-55e1f3b0-862566fa-612229'; Abler, William; Aggarwal, Anubhav; Allen, Diana; Arora, Harry; Bailey, Debra; Ballato, Russell; Ballinger, Ted; Baughman Jr., Don; Benchluch, Moises; Benjelloun, Hicham; Benson, Robert; Bentley, Corry; Blaine, Jay; Bolt, Laurel; Broderick, Paul J.; Broussard, Richard; Burnett, Lisa; Campbell, Larry F.; Capasso, Joe; Carson, Mike; Chen, Alan; Choate, Jason; Cline, Kevin; Collins, Dustin; Comeaux, Keith; Coulter, Kayne; Davis, Mark Dana; Day, Smith L.; Dean, Clint; Decook, Todd; Emesih, Gerald; Errigo, Joe; Forney, John M.; Freije, William; Garcia, Miguel L.; Gilbert, Gerald; Gilbert-smith, Doug; Giron, Gustavo; Greer, Andrew; Gualy, Jaime; Guerra, Claudia; Gulmeden, Utku; Gupta, Gautam; Ha, Amie; Hanse, Patrick; Hernandez, Juan; Imai, Rika; Ingram, David; Jenkins IV, Daniel; Kaniss, Jason; King, Jeff; Kinser, John; Larkworthy, Carrie; Laurent, Dean; Laverell, Justin; Lenartowicz, Chris; Lorenz, Matt; Lotz, Gretchen; Lowell, Thomas; Mack, Iris; Mahajan, Ashish; Makkai, Peter; Marquez, Mauricio; Maskell, David; May, Tom; McElreath, Alexander; Miller, Jeffrey; Oh, Seung-Taek; Olinde Jr., Steve; Pace, Andy; Padron, Juan; Pan, Steve; Philip, Willis; Podurgiel, Laura; Poppa, John D.; Presto, Kevin M.; Quenet, Joe; Rawal, Punit; Rogers, Benjamin; Rust, Bill; Ryan, David; Saibi, Eric; Schiavone, Paul; Schneider, Bryce; Seely, Michael; Serio, Erik; Shoemake, Lisa; Simpson, Erik; Stalford, Robert; Stepenovitch, Joe; Sturm, Fletcher J.; Symms, Mark; Tamma, Ramanarao; Thomas, Paul D.; Trejo, Reese; Valdes, Maria; Vernon, Clayton; Wang, Steve; Williams, Ryan; Willis, Cory; Zipperer, Mike; Baughman, Edward D.; Clynes, Terri; Dalton III, Oscar; Kelly, Mike E.; Sewell, Doug; Valderrama, Larry; Walton, Steve; Roan, Michael; Perrino, Dave; Maurer, Luiz; Hueter, Barbara A.; Landwehr, Susan M.; Hoatson, Tom; Novosel, Sarah; Nicolay, Christi L.; Yeung, Charles
Cc:
Subject: RE: RTO Week -- Summary of Standards and Practices Panel

RTO Week

Day 4 - October 18, 2001

Afternoon Session

Standardizing Markets, Business, and Other Practices

Panelists for this discussion were:  Sarah Barpoulis, PG&E National Energy Group; William P. Boswell, GISB; Bill Burkes (substituting for David J. Christiano), City Utilities of Springfield, Missouri; David N. Cook, NERC General Counsel; Michael Kormos PJM Interconnection; LeRoy Koppendrayer, Minnesota Public Utilities Commission; and Marty Mennes, Florida Power & Light Company.

General Observations

The Commissioners were all present the majority of the time (Massey left late in the  afternoon).  FERC Staff was active in the discussion; however, the commissioners were very active as well, asking perhaps as much as 70% of all questions.  There was a general consensus that standards were needed; much discussion focused simply on how much and by who. The Commission seemed very interested in leaning what they needed to do to move the industry forward and how far they needed to go.  Panelists urged the need to mover forward as quickly as possible, but both they and FERC seemed to recognize that some of the issues regarding standardized market design and such needed to be addressed before RTOs could really begin to move forward.  There was discussion on identifying which industry group (NERC or GISB) would take the reins in the future.  On an interesting tangential note, there was noticeable conflict between NERC and GISB, with veiled insults between the two organizations somewhat common during the discussions.

FERC Deliverables

A great deal of the discussions focused on identifying what the industry needed from the Commission.  Staffers probed all panelists to find what they felt was critical.

The first major topic was "How many RTOs?  What is their scope?"  All panelists seemed to agree that this question needed to be answered immediately by FERC, in strong definitive language.  N o one offered any specific language, but seemed to be urging FERC to issue a formal statement.

The next topic was, "What will be standard market design?"  Panelists varied on this, but most felt strong guidance from FERC is urgent.  Some urged for one mandatory design for North America, one supported a set of rigid standard designs, one supported a single design with requests for exceptions (followed by an in-depth review process), and one seemed to prefer the current situation.

The commission in general seemed to be very interested in understanding what the industry needed to move forward.  They continually visited this topic throughout their discussions, asking questions like, "Do we need to issue a Mega-Order that addresses all these issues?" and, "How much detail do you need us to provide?"   General feel from the panelsists seemed to be they wanted strong leadership in this areas.  Kormos and Burkes went so far as to say FERC should "Mandate as much as they felt comfortable - and then go a little further."  Others seemed to be a little worried about this idea, but in general did not oppose the concept, citing only general warnings and the need for cautious investigation.

One item of interest: Wood referred to the filing made by the Electronic Scheduling Collaborative and specifically asked if the items identified in the "RTO Design and RTO Implementation" section would address many of the questions and uncertainty facing the industry with regard to RTO design.  Kormos indicated that clear and specific answers to these questions specifying a course of action would go a long way toward guiding the industry.  The section to which Wood referred was one that I wrote, and asked the following questions:

?         Congestion Management - When Operational Security Violations occur, how is the system to be stabilized in a fair and equitable manner that is nonetheless efficient?  Will LMP based systems be standard, or will there be others that must be accommodated?

?         Transmission Service  - Are transmission services required to schedule ("covered" schedules only), or are they risk management tools protecting from congestion charges (both "covered" and "uncovered" schedules are allowed)?

?         Loop Flows  - Are contract-path based or flow-based transmission services appropriate?  If contract-path based, how are parallel path issues to be addressed?

?         Grandfathered Transmission Service - Should contracts existing prior to RTO development be transferred, or is there an equitable way to retire those contracts?  Are there other solutions?

?         Energy Imbalance Markets - How are imbalance markets to function? Will they serve as real-time energy markets (support unbalanced schedules), be limited to supplying needs of imbalance service (require balanced schedules), or will they be required at all?

?         Ancillary Services - Will ancillary service markets be developed in standard ways?  Will entities be required to actually schedule ancillary services (required to schedule), or will they be treated primarily as financial instruments (protecting against real-time POLR charges)?

?         Losses - Can we utilize the imbalance markets to support losses?  Can we create specific loss standards that facilitate the scheduling process, or must we support methods that are currently in tariffs, but technically unwieldy?

?         Non-Jurisdictionals - How are non-jurisdictionals to be integrated into the new world?  Should systems be designed with the assumption that non-jurisdictional will be part of an RTO?  Or should they be designed to treat each NJE as a separate entity?

Hopefully, FERC will use this section as a template to answer these critical questions in an assertive manner, and give some solid direction in which to move. Kormos emphasized the need for concrete answers to these questions, pointing out that vague answers (i.e., "do congestion management") will take a year or two to resolve, but specific answers (i.e., "LMP with financial hedging instruments") will take only months.  The Commission asked Mike about moving forward, and he told them that effectively, it was impossible to move forward with implementation without getting these issues addressed.

Now for a  funny point - One of the commissioners (I think Breathitt) referred to some concerns expressed in the Northwest that their high concentration of hydro power makes LMP inefficient for the Northwest.  Kormos flat out said, "My profession is understanding how power systems work, and I don't believe that that statement is true."  He then backpedaled a bit and said that it would need more study, but he stood by his statement that the assertion by the Northwest interests was false.

NERC and GISB

A great deal of discussion focused around the need for a single standard-setting organization.  Massey went so far as to ask, "Are we looking at a beauty contest between NERC and GISB?"  Cook and Boswell then went into several short polite jabs at each other's organizations.  Other participants continually reiterated the need for ONE, INDEPENDENT organization.  Interestingly, Boswell was very emphatic about the established trust and respect in GISB, while Cook preferred to only talk about the "new" structure of NERC and did not focus on its history.

Brownell offered some not-too-subtle passive support of GISB by pointedly asking both Cook and Boswell if they lobbied political positions (i.e., were they not only an organization but also a stakeholder?).  GISB was easily able to say they were not, but NERC of course had to admit to their romancing of Congress and the Bush administration for reliability legislation. Point, Brownell.

Mennes acted as somewhat of a supporter for NERC, playing Dave Cook's yes-man.  He probably did them a little bit of harm by pointing to NERC's supposed "successes," such as TLR and E-Tag.  If staffers have tenure, they will likely remember that these "successes" have not been so successful, resulting in several filings and interventions.  We may also wish to file comments in specific objection to these claims, to refresh their memory and to show the pretty picture Marty painted was in fact a fiction.

There was a little discussion about splitting reliability and market issues, but general consensus was that I could not be done.  There was also some talk of folding NERC under GISB/EISB.

The arguments began winding down after a some time, and Boswell strongly urged the Commission to speak to industry executives and advocacy group leadership to see whether NERC or GISB should lead the industry forward.  NERC somewhat less enthusiastically supported this position.  In general, I would say it was a close fight but GISB came out more on top.

Let me know if you have any questions.

Andy Rodriquez
Regulatory Affairs - Enron Corp.
andy.rodriquez@enron.com
713-345-3771


FYI - the following list reflects old ECT master and no master counterparties
by volume (not necessarily exposure).  Sara

Tanya:  do you want all of these names on the legal/credit list?
----- Forwarded by Sara Shackleton/HOU/ECT on 06/02/2000 10:08 AM -----

	Jefferson D Sorenson
	06/02/2000 09:27 AM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: Top 20

see if this will help
---------------------- Forwarded by Jefferson D Sorenson/HOU/ECT on
06/02/2000 09:26 AM ---------------------------

	From:  Diane Anderson                           06/01/2000 05:19 PM

To: Jefferson D Sorenson/HOU/ECT@ECT, Larry Joe Hunter/HOU/ECT@ECT
cc:
Subject: Top 20

Attached please find a spreadsheet of the top 20 counterparties (by number
of deals) with whom we do not have an ISDA Master Agreement, for the
period Jan-May '00.


hotel info included at the bottom
---------------------- Forwarded by Kay Mann/Corp/Enron on 02/26/2001 05:03
PM ---------------------------

Laura R Pena@ECT
02/26/2001 05:00 PM
To: Jeffery Ader/HOU/ECT@ECT, Heather Kroll/HOU/ECT@ECT, Kay
Mann/Corp/Enron@Enron, Steve Montovano/NA/Enron@Enron
cc: Christy Chapman/HOU/ECT@ECT

Subject: SAWGRASS INFO

?
The following details have been confirmed at the  Sawgrass Marriott Resort
for the East Origination/New Jersey Natural Gas Meeting  dated February 27 -
March 2, 2001:
?
Jeff Ader - Arrive 2/27, Depart 3/2 - this room  is a suite to accommodate
the meeting on Wednesday & Thursday  mornings.
Heather Kroll - Arrive 2/28, Depart  3/2
Glenn Lockwood - Arrive 2/28, Depart  3/2
Kay Mann - Arrive 2/27, Depart 3/2
Steve Montovano - Arrive 2/28, Depart  3/2
Kevin Moss - Arrive 2/28, Depart  3/2
?
All charges will be billed to a master  account.
?
Full premium bar has been set up in the suite  for Wednesday and Thursday.
?
Group will order through Room Service for  breakfast and lunch.
?
Dinners are on their own - no reservations have  been made.
?
Confirmed tee times:
Wednesday, February 28 - Valley Course - 12:40  pm & 12:49 pm
Thursday, March 1 - reservations made by New  Jersey Natural
Friday, March 2 - Marsh Landing Course - 8:42 am  for 2 players
?
Hotel Address:
Sawgrass Marriott Resort
1000 PGA Tour Blvd.
Ponte Vedra Beach, FL? 32082
Telephone:? (904) 285-7777
Guest Fax:? (904)  285-0906??


---------------------- Forwarded by Phillip K Allen/HOU/ECT on 02/21/2001
03:30 PM ---------------------------

"George Richards" <cbpres@austin.rr.com> on 02/21/2001 06:32:15 AM
Please respond to <cbpres@austin.rr.com>
To: "Phillip Allen" <pallen@enron.com>
cc: "Larry Lewter" <LLEWTER@austin.rr.com>
Subject: SM134 Proforma2.xls

There have been some updates to the cost.  The principal change is in the
addition of masonry on the front of the buildings, which I estimate will
costs at least $84,000 additional.  Also, the trim material and labor costs
have been increased.  I still believe that the total cost is more than
sufficient, but there will be additional updates.

The manager's unit is columns J-L, but the total is not included in the B&N
total of rentable units.  Rather, the total cost for the manager's unit and
office is included as a lump sum under amenities.  I may add this back in as
a rentable unit and delete is as an amenity.

The financing cost has been changed in that the cost of the permanent
mortgage has been deleted because we will not need to obtain this for the
construction loan approval, therefore, its cost will be absorbed when this
loan is obtained.

Based on either a loan equal to 75% of value or 80% of cost, the
construction profit should cover any equity required beyond the land.

George W. Richards
Creekside Builders, LLC

 - SM134 Proforma2.xls


What if we did this tonight?  I have a work shindig tomorrow night that I
just found out about.

---------------------- Forwarded by Chris Germany/HOU/ECT on 09/20/2000 10:22
AM ---------------------------

Chris Germany
09/20/2000 08:21 AM
To: "Germany Jr, Don (WD)" <WDGERMANYJR@dow.com> @ ENRON,
germanj@basf-corp.com
cc:
Subject: Re: Thursday Night

Jerry, this may be news to you.  I would like for the 3 of us to have dinner
Thursday evening and you are buying.

Comments - questions?


Greetings:
Have you seen this?  Any view on whether there's a group of economists who
think otherwise and might be willing to express their views in a response to
this letter?

P.S. Talked to Tyson re: trying to get economists back in the middle of this,
but I wasn't altogether successful.

Best,
Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 05/29/2001 02:37 PM -----

 - FINALECONOMISTLETTER.pdf


Please find attached Credit's EOL responses for 2/3/00.

Regards
Molly


I'm just now printing it out (takes about 15 minutes), but I'm fine with
sending out the redline.

Kay

	From:  Scott Healy @ ECT                           10/27/2000 03:10 PM

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

Subject:

Can I send the last version of the red-lined P.O. to FCE?


Over the last several months, the CommodityLogic team has designed, built, and beta-tested a number of "modules" to create EnronOnline-type capabilities for the mid and back-office.  By combining these web-based solutions with the back-office commercialization effort, Enron can now offer its clients a complete suite of operational services unique in the industry.

Many of you have also created important pieces in this puzzle, and all of you have valuable client relationships.

We'd like to put all of these elements together.

Please join our team for a demonstration of the CommodityLogic modules and a discussion on strategy next Thursday, June 14, 2:30 to 3:30, 49C1.

If I have excluded anyone from the invitation list that you feel should attend, please let me know.

Looking forward to seeing you next week.

All the best,

Tom


Pat:
We would like to review the document before it is executed. I would provide
the amount as part of our review process.

Nasim

To: Nasim H Khan/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Tanya Rohauer/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT

Subject: Guaranty Amount for TBS

Nasim-

Did you ever find out what dollar amount should be on the Enron Corp.
guaranty?  We have the documentation ready so, once we know the guaranty
amount we can have it executed.

Regards,

Pat Cini
x5-7130


fyi
---------------------- Forwarded by Rick Buy/HOU/ECT on 01/19/2001 08:31 AM
---------------------------

	Barry Pearce @ ENRON COMMUNICATIONS
	01/19/2001 08:17 AM

To: Rick Buy/HOU/ECT@ECT@ENRON
cc:
Subject: Re: Enron/EBS India: Capital Expenditur/DASH's

A general tightening around India's broadband activities.

Kristina M (Legal) has advised India/Sanjay that all Legal
documents/contracts must be signed/approved from Houston.

John E now has signing authority over cash disbursements (non-regular G&A).

B.

	Rick Buy@ECT
	01/18/01 06:11 PM

		 To: Barry Pearce/Enron Communications@ENRON COMMUNICATIONS@ENRON
		 cc:
		 Subject: Re: Enron/EBS India: Capital Expenditur/DASH's

wow! what's behind this, not that I think it isn't a very prudent decision.
rick


It was not mentioned to me.  I'm copying rosie and vanessa to find out if
this was a simple referral (in which case you should keep the work to a
minimum -- return the call, but don't get distracted from your other efforts)
or whether Ken is especially interested in this and wants us to follow
through.

	Jeff Dasovich
	Sent by: Jeff Dasovich
	03/12/2001 03:54 PM

		 To: skean@enron.com
		 cc:
		 Subject: Fellow referred to me by Ken Lay

Just got a call from a fellow named Jame Edgerly at the Enterprise Zone,
Inc.  He told me that Ken Lay (through Ken's secretary Vanessa) referred me
to him.  He is very interested in getting us to help him work with the
Legislature to establish an "Enterprise Zone" energy tariff to encourage
investment in California's Enterprice Zones.  Before I launch on the effort,
just wanted to check in and see if this rings a bell with you.  Thanks.

Best,
Jeff


---------------------- Forwarded by Eric Bass/HOU/ECT on 03/27/2001 01:35 PM
---------------------------
From: Lesli Campbell/ENRON@enronXgate on 03/27/2001 12:34 PM
To: Eric Bass/HOU/ECT@ECT
cc:
Subject: Deal # QY8415

Please rebook to Duke Energy Trading and Marketing.

Thanks

Lesli


Notice No. 00-414
December 04, 2000

TO:
ALL NYMEX MEMBERS AND MEMBER FIRMS
ALL NYMEX CLEARING FIRMS
ALL NYMEX OPERATIONS MANAGERS

FROM: Neal Wolkoff, Executive Vice President

SUBJECT: MARGIN RATE CHANGE

Effective Date: Tuesday, December 05, 2000 (close of business)

Futures Contract: Henry Hub Natural Gas Futures

Contract Months: All Months

Rate Change:
NYMEX Division Margins on Henry Hub Natural Gas Futures Contracts
Effective Date: Tuesday, December 05, 2000 (close of business)

Clearing Member (Maintenance Margin): Old: $7,500  New: $10,000
Member Customer (Initial Margin): Old: $8,250  New:  $11,000
Non-Member Customer (Initial Margin): Old: $10,125  New:  $13,500

Should you have any questions regarding these changes, please contact Arthur
McCoy at (212) 299-2928 or Joe Sanguedolce at (212) 299-2855.  This notice
supersedes all previous notices regarding outright margins for the NYMEX
Henry Hub Natural Gas Futures Contract.

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

"http://208.206.41.61/email/email_log.cfm?useremail=tana.jones@enron.com&refdo
c=(00-414)"

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.


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fyi

>  -----Original Message-----
> From:  Nowak, Gene
> Sent: Monday, March 19, 2001 3:51 PM
> To: Macdonald, Deborah
> Subject: Creekside Inn
>
> <http://www.fbg.net/creekside/default.htm>
>


Attached is a memo regarding the above referenced matter.


Mike, as we discussed yesterday, please get a copy of the following exhibits
to the "Happy Trails" application in Docket No. CP99-163-000:

Exhibit K - Cost of facilities

Exhibit N - Revenues, expenses, income

Exhibit O - Depreciation and depletion

Please send them directly to Lorraine Lindberg at EB4150G.  If you have any
questions she can be reached at 713-853-5403.  Or -- I'll be here the rest of
the day today.

Thank you!


Hi Don,

How are things going at Enron?  I am just checking on the the status of your
submitting your into Cinergy hourly trades.
We have a few sources submitting already, and we hope to announce the index
soon.
I hope all is going well with you. Please let me know if there is anything
that I can do to move this along.

Thank you,

Lisa Lawson
Markets Editor
Megawatt Daily
713 939-5802
llawson@ftenergy.com


Erin,

A book by Martha Amram and Nalin Kulatilaka is an excellent
non-technical introduction to real options and it contains all the most
important
references to more advanced books and papers.
The book has an endorsement  by Jeff Skilling on the cover page.

The Research Group offered  several one-day seminars on real options
and applications to the energy industry. We still have a few binders with
the presentation materials available if you are interested.
We plan to repeat the seminar sometimes in the fall.
The first part of the seminar (about 4 hours in the morning) covers general
concept of real options
and their applicability to the energy business.
The second, more technical afternoon session, covers stochastic processes used
to model price uncertainty in the energy markets and specific case
studies (valuation of natural gas storage facilities and of peaking gas-fired
power plants).

The real options approach has been developed specifically to address the
problem of making
investment decisions under uncertainty. Nobody in this field claims that this
is a
perfect tool, but it represents a significant progress compared to other
techniques developed
earlier.

Discounted cash flow analysis that tries to incorporate uncertainty through
analysis of several, in most cases, arbitrary scenarios (most likely,
optimistic,
pessimistic). These scenarios don't identify explicitly the risk drivers
and don't specify the future proactive management decisions.

The real, option approach is very powerful because it allows to (1) capture
uncertainty in an explicit way and  (2) to design investment projects that
allow to exploit future positive developments and reduce future exposures to
downside risk.
This approach allows also create a link between investment decisions and
future
operational decisions. Forward-looking investment decisions create options
that are exercised
in the future through active management of a project.

The real options technology relies heavily on advanced statistical tools to
come
up with the representation of future possible states of the world. The real
challenge is
to use these tools in a sensible way. I have seen in my career (almost 30
years
of applying mathematical tools to business and economic problems) many quants
armed with
powerful computers who reminded me of monkeys armed with hammers. The
challenge is not
to run mechanically  thousands of simulations based on arbitrary assumptions
but to translate in a  creative   way the insights of people who understand
specific  businesses
into parsimonious quantitative models. It is especially critical to
stress-test the assumptions
of any model and to ask the question if the outcome of a model depends
critically on any set of assumptions.
If this is the case one should use common sense to examine the underlying
assumptions.
I remember that in the early eighties quite a few models simulated the
dynamics of oil prices,
but all the stochastic scenarios represented fluctuations around a very
optimistic  upward trend.
One would have been better off stepping back and asking a simple question
what Economics 101
teaches about cartels and the dynamics of supply and demand.

	Enron North America Corp.

	From:  Erin Rice @ ENRON                           06/27/2000 03:52 PM

To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Pre-submitted question on eSpeak

Good news!  There is already a question waiting for your July 12 eSpeak
session.  I have pasted it below, although you don't have to respond until
the actual event.  Don't forget to send a bulleted list of discussion topics
if you would still like us to advertise the event on the elevator screens.

Thanks.

- er

submitted by breineck
I was doing some reading about the application of real options in the
evaluation of non-financial assets. Would you recommend any texts or articles
for a
more in-depth study of this area? Is quantification of risk or uncertainty
the major challenge in using this concept? Can statistical tools be used with
this to do
a sort of sensitivity analysis?


Ken,

We called Tom Limpers and talked about the services his company can offer to
Enron. It seems that they don't have any great product sitting on the shelf. It's rather
a group of university professors who are ready to offer their brain power to solve different
problems of interest to potential customers.

We talked about different potential projects and suggested in what ways they could
demonstrate their problem solving skills before we go into more detailed discussions.

They promised to get back to us in a few days.

Vince


Attached you will find the weekly report for the week ending of June 8, 2001.

Saludos


Gentlemen,

Attached is the latest draft of the proposed 2002 Integrity Plan for TW.  I would like to set up a conference call to further discuss and nail-down if at all possible.  The call is set up for Friday March 22 @ 2:00 PM CST.  Call in number is 1-877-795-3687 (718625).

Max


We are supposed to try to have the break out contract by April 11, and I
think the consents and stuff that same week.

Kay

"Shoemaker, Kent (GEAE)" <kent.shoemaker@ae.ge.com> on 04/06/2001 03:17:24 PM
To: "'Kay.Mann@enron.com'" <Kay.Mann@enron.com>
cc:

Subject: RE: Salmon Energy Turbine Agreement

What's your scheduling like on this one

-----Original Message-----
From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com]
Sent: Friday, April 06, 2001 4:12 PM
To: kent.shoemaker@ae.ge.com
Subject: Salmon Energy Turbine Agreement

Hi Kent,

I can get a redline done for you if you want to tell me what it should be
redlined against.

I don't know about getting rid of the requirement for the inhouse counsel
opinion.  Maybe after you look at things we can discuss it.

Thanks,

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 04/06/2001 03:08
PM ---------------------------

"Thompson, Peter J." <pthompson@akllp.com> on 04/02/2001 04:56:21 PM

To:   "Kay Mann (E-mail)" <kay.mann@enron.com>
cc:   "Pipitone, Paul" <paulpipitone@akllp.com>

Subject:  Salmon Energy Turbine Agreement

     Attached please find the latest Salmon Energy Turbine Agreement
(second document below), as well as a blackline (first document below)
showing changes made to the version circulated last Friday.  Pursuant to
your instructions, the performance values in Article 10 are per the 24
Unit master agreement.  In addition no changes have been made to the
Maximum or Unit Liability Amounts or payment schedule. To complete the
agreement, we will need to insert the date of execution and Exhibit H-2.

 <<Comparison of Versions 2 to 3 of Salmon Energy Agreement.DOC>>
<<Salmon Energy Agreement - Version 3.DOC>>
(See attached file: Comparison of Versions 2 to 3 of Salmon Energy
Agreement.DOC)
(See attached file: Salmon Energy Agreement - Version 3.DOC)


Attached please find a changed Talking Points -

1. Tries to better finesse the rate increase proposal by limiting increase to
10%;
2. Corrects the cost of new generation - 4,000 MW costs $3.6 billion not $360
million;
3. Clarifies that CDWR's problem is paying off the debt, not just paying for
electricity.

Thanks,

Jim


---------------------- Forwarded by Tana Jones/HOU/ECT on 03/02/2000 08:43 AM
---------------------------

Molly Harris
03/01/2000 05:55 PM
To: Frank L Davis/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT, Tana
Jones/HOU/ECT@ECT, Samuel Schott/HOU/ECT@ECT
cc: Sheri Thomas/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Bernice
Rodriguez/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT, Brant Reves/HOU/ECT@ECT, Debbie
R Brackett/HOU/ECT@ECT, Brian Hunter-Lindsay/LON/ECT@ECT, Coenraad
Basson/LON/ECT@ECT, Bhautik Patel/LON/ECT@ECT, David Hardy/LON/ECT@ECT, David
Weekes/LON/ECT@ECT, Carrie Southard/HOU/ECT@ECT, Lisa Gillette/HOU/ECT@ECT,
Linda S Bryan/HOU/ECT@ECT
Subject: EOL Credit Responses 3/1

Please find attached Credit's EOL responses for 3/1/00.

Regards
Molly


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 09/29/2000
02:23 PM ---------------------------

Zimin Lu
09/28/2000 04:46 PM
To: Vince J Kaminski/HOU/ECT@ECT, William Smith/Corp/Enron@ENRON
cc: Stinson Gibner/HOU/ECT@ECT
Subject: Technical Corner Paper

Vince,

As you suggested, I splited the paper into two parts, the first one
devotes to the FX market and second one to gas market.  Attached
is the first part.

Let me know if there is any mistakes in there,  thanks.

Sam,

Vince wants to publish this article in the next Monday edition of the
research intelligence.
Thanks.

Zimin


Joseph,

Per our telephone conversation, attached is the draft program for the
activities scheduled for our client's Grand Opening which will be attended by
Governor Gray Davis and other Government VIP's.  As I told you, my company,
The Bentley Company (Architecture/Engineering/Construction company within
EES), was responsible for a prominent part of this facility's construction
(involving the conversion of a large Boeing factory that SR Technics acquired
with much involvement from the Governor's office) and Enron/Bentley will be
part of the Grand Opening through possible sponsorship of some event(s), full
page ad in the souvenir program, Enron name brand recognition through
banners, etc.  I am working out the details of our involvement with the event
coordinator right now.  I suspect Enron governmental affairs would like
involvement given the relatively high exposure this event will garner
politically and through the news media (please refer to the attachment).

Please contact me ASAP at 661-609-4886 to discuss.

Regards,

Ed Ghalib, S.E.
Director, Client Management

email: ed_ghalib@enron.com
voice: 714.434.1800, ext 310
mobile: 661.609.4886

ENRON/Bentley
611 Anton Blvd., Suite 700
Costa Mesa, CA  92626


The enclosed research report is being sent to you from PaineWebber by:

 Emery Financial Group

 713-957-7060

 henry.emery@PaineWebber.COM

Please contact them if you have any questions or would like to discuss this
material.

The information contained in the attached research report is believed to be
reliable, but its accuracy is not guaranteed.  PaineWebber Incorporated
and/or Mitchell Hutchins Asset Management Inc., affiliated companies and/or
their officers, directors, employees or stockholders may at times have a
position, including an arbitrage position, in the securities described herein
and may sell or buy them to or from customers.  These companies may from time
to time act as a consultant to a company being reported upon.

You will need the Adobe Acrobat Reader to view this document.  If you don't
already have it just click on this link,
http://www.adobe.com/prodindex/acrobat/readstep.html, and follow the
on-screen instructions.  The Acrobat Reader is free of charge.

 - PA05985120010417D01.pdf


Rod,

Please send details to our local HR manager, Caroline Schaeffer.  We'd certainly be interested in following up.

Joe

Joseph P. Hirl
Enron Japan Corp.
81 3 5219 4500
81 3 5219 4510 (Fax)
www.enron.co.jp

	Rod Hayslett/ENRON@enronXgate 05/16/2001 06:19 AM 	   To: Joseph P Hirl/AP/ENRON@ENRON  cc:   Subject: Japan

Danny McCarty tells me that you are the person I need to talk to.     I have been approached by a Japanese student graduating soon who would like to go to work for Enron
in Japan.     I know her from an exchange program a few years ago.     Who should I tell her to talk to?

Rod Hayslett
EB4054
713-853-6178


After the summer recess, the Assembly Natural Resources Committee is going
to hear SB 532 (Sher) which would establish a Renewable Portfolio Standard
for all retail energy providers, including ESPs, in California beginning in
2003.  The IOUs will likely oppose the bill.  The bill is being sponsored by
TURN and the environmentalists.


Charlie:
I just got back from NYC - I ran in the NYC Marathon yesterday.  It was a lot
of fun and pretty good weather, but my time was a little slower than I would
have wanted (4:27).  If Wednesday or Thursday works for you, I would like to
come up to the Woodlands and meet with you over lunch.  I hope all is going
well and I'll talk to you soon.
Ben


fyi
---------------------- Forwarded by Mary Solmonson/HOU/ECT on 10/26/2000
11:04 AM ---------------------------

	From:  Joel Henenberg @ ENRON                           10/26/2000 10:39 AM

To: Ryan Orsak/Corp/Enron@Enron
cc: Carolyn Gilley/HOU/ECT@ECT, kbaldwin@opentext.com (bcc: Mary
Solmonson/HOU/ECT)
Subject: Re: Livelink

Ryan, thank you for your timely response.   It is a concern of mine that our
current test sytems does not represent the current production system.  I feel
we run a large risk by not adequately testing a product and all associated
processes prior to moving it into production.  My concerns are based on the
following:

The volume of data that ENA puts into the Livelink system daily, and
ultimately into iRIMS, exceeds any load testing that OpenText has done.
 Due to our volume, without testing it is unknown if the performance will be
adequate.
There is an inherent risk to putting such a heavy volume application into
production without proper load testing.
Being the test database server is not the same as the production database
server, how will we ever know if the application will work?  More so, how
will we be able to test the restore procedures?
iRIMS testing will include custom modules for iRIMS/Livelink migration.  This
will require testing of "adding classifications" to  massive amounts of
LiveLink folders.  The current volume is somewhere around 500,000 folders.
It is my understanding the current test system can not handle this volume.
The implementation of iRIMS effects the Livelink repository which needs to be
tested as well.  There is some concern as to; can the current test system
accommodate this.

The question of having another Unix 4500 which will give us an identical test
database or something smaller that might accomplish the same end result is
one I can not answer.  However,  I would look to you and your technical team
for recommendations in this matter and would agree to serving on the
evaluation team.

If you have any questions please feel free to call me at 58841 and as usual,
thank you for your help and support on this project.

Regards,

Joel

Ryan Orsak
10/25/2000 05:23 PM
To: Joel Henenberg/NA/Enron@Enron
cc: Carolyn Gilley/HOU/ECT@ECT, kbaldwin@opentext.com

Subject: Re: Livelink

Hi Joel,
 The project plan at this point is very preliminary.  There will be a revised
(more accurate) plan by the end of next week when OTPS and EDMS have time to
meet with Carolyn and Barbara.  This is scheduled for next Wed.

This is complete;
Server for iRIMS Beta 9.0 is at Ardmore
iRIMS Test has been created (Oracle)
Test Data from EDMS Test is being copied at this time

Do you want me to purchase another Unix 4500 for Livelink (300K) that will
give us an identical test database or should I look at getting a smaller less
expensive Unix box?  Please inform and I will move ahead.

Thanks in advance,

rlo

	Joel Henenberg
	10/25/2000 05:00 PM

		 To: Ryan Orsak/Corp/Enron@Enron
		 cc: Carolyn Gilley/HOU/ECT@ECT
		 Subject: Livelink

Ryan, being there was not a meeting this past Monday, can I please have a
status on where we are on the project.  I am particularly interested in where
we stand against the plan

Thanks

Joel


Steve,

On Friday 7-13, Rocky Emery left UBS PaineWebber.  We wanted to advise you
of the change and provide you with new contact information for your UBS
PaineWebber account.  Please call at your earliest convenience.

Michael G. Trahan
Account Vice President
713-654-0362
michael.trahan@ubspainewebber.com

David L. Shine
Vice President - Investments
713-654-0396
david.shine@ubspainewebber.com

R. Craig Rathjen
Senior Vice President - Investments
713-957-7040
robert.rathjen@ubspainewebber.com

UBS PaineWebber Inc.
1111 Bagby Street, Suite 5100
Houston, Texas 77002
800-553-3119
713-654-4723 (fax)

Regards,

Michael

Notice Regarding Entry of Orders and Instructions: Please
do not transmit orders and/or instructions regarding your
UBS PaineWebber account(s) by e-mail. Orders and/or instructions
transmitted by e-mail will not be accepted by UBS PaineWebber and
UBS PaineWebber will not be responsible for carrying out such orders
and/or instructions.  Notice Regarding Privacy and Confidentiality:
UBS PaineWebber reserves the right to monitor and review the content of
all e-mail communications sent and/or received by its employees.


(See attached file: hpl0606.xls)

 - hpl0606.xls


On May 1st, iBuyit Payables was activated for all organizations supported by
Houston Accounts Payable Processing Center.  Since this transition, over 3000
invoices have been successfully processed by this on-line tool.  This is an
exciting step towards transitioning all of Enron to the on-line processing of
invoices.

Despite this initial success, I want to take this opportunity to address some
of the concerns that we have been hearing about this new tool and the
processing center.

I sent an invoice to Accounts Payable a while ago, but the vendor still has
not been paid.
The goal of the Accounts Payable Processing Center is to route the invoice
through iBuyit Payables for coding and approval within 4 business days of
receipt of the invoice by Accounts Payable.  As with the introduction of any
new process, Accounts Payable is experiencing transition issues and this
process time is currently 8 to 10 business days.  Accounts Payable is working
very hard to overcome these issues, and expects to achieve the normal
processing time of 4 business days within the next 9 business days.

When I call the Accounts Payable Call Center, they are unable to locate my
invoice.
This again is a result of the current backlog.  Between the time that the
Accounts Payable Processing Center receives an invoice, and the time that the
invoice is scanned and entered into iBuyit Payable, it is very difficult to
locate that invoice.  Once normal processing time is achieved, this
&blackout8 period will be no more than 4 business days.  In the meantime, it
is critical that invoices are not resubmitted until you are certain that they
have not been received by Accounts Payable.

What can I do to help process my invoices in a more timely manner?
Vendors should submit invoices directly to the Accounts Payable Processing
Center (PO Box 4734, Houston, TX 77210-4734, ATTN:  Enron AP) and should
indicate the company number and name, contact name, and coder,s EID.
Currently:

*   90% of invoices are received outside of the Accounts Payable Processing
Center
*   On average, invoices received by Accounts Payable are already 37 days
past due
*   On average, 40% of invoices received by Accounts Payable do not have the
correct company number

Submitting invoices directly to Accounts Payable with this information will
dramatically increase the speed and accuracy of processing.

Providing you with efficient, accurate, and friendly service is very
important to us.  We appreciate your patience as we work to achieve normal
processing levels of service.  More importantly, we look forward to working
with you on future enhancements that will enable iBuyit Payables to play a
valuable role in your invoice payment activities.

For invoice payment status please call the AP Call Center at (713) 853-7127
or toll free  (866) AP ENRON, or send an e-mail to
<mailto:iBuyit.payables@enron.com>.

If you have additional questions regarding Accounts Payable, please contact
Judy Knepshield.

Thank you,

Bob Butts


----- Forwarded by Rob Walls/NA/Enron on 11/11/2000 05:33 AM -----

	Sheila Walton@ECT
	11/10/2000 12:03 AM

		 To: Rob Walls/NA/Enron@Enron
		 cc:
		 Subject: Listing of Legal VPs

Rob, attached is the list of Legal VPs across Enron.  I have tried to get a
confirmation from each of the Enron companies but have not been successful
yet.    There are several employees such as Bob Vote, Robert Eickenroht and
Chuck Cheek who are classified as Asst General Counsel which is a Sr Director
job group and not VP.

I am in training all day on Friday, Nov 10th and from 3-5 on Monday Nov
13th.  I have HR PRC meeting on November 14th but I will be trying to keep up
with e-mails and voice mails at night if you have any questions.

Sheila  Walton


Recommendation for ENA Pools
1st choice  Terminate pools and producer contracts on 12/3/01, no cash flow and everything is pre-petition.
2nd choice Terminate pools and producer contracts on 12/31/01 and deal with one month's cash flow
3rd choice  Terminate pools as soon as possible to eliminate the administrative effort involved.

I've been trying to determine the EES imbalances on Dominion and I'm not having much luck.  Dominion gave me the ENA balances over the phone.  When I called back a day later to get the EES balances, I was told to submit a written request to Bill Saviers, Dominion's in house counsel.  I have not done that.  I would prefer that Dominion provide us a written document stating what the pool balances are as of 11/30/01 and 12/31/01.

Based on the pool balances below, I would recommend terminating the ENA pools effective 12/3/01 assuming the following.
	1.  Producer payments for Oct and Nov have not been made and go into the pre-petition bucket.
	2.  ENA owes Dominion gas which is also pre-petition.
	3.  The producers will be able to reallocate their gas for December forward to another marketer's pool.

Items to consider
If we terminate the pools on 12/31/01 or later, ENA will need to sell the imbalance gas and pay the producers.  Dominion will need to provide ENA a method to do this if the pools are terminated.  I would recommend paying the producers after we collect the money for selling the imbalance gas AND after we pay Dominion any gathering/transporting charges associated with those balances.  The volumes are small so ENA will not see much economic benefit from this process.  Also, the administrative effort involved is VERY VERY HIGH due to the small volumes per producer.

Dominion will prefer to cancel the pools with a 0 or positive imbalance.  On 12/3/01, ENA will still have a negative cumulative imbalance.

Most of the producers have not been paid for Oct or Nov 2001 activity.  I assume that since those dollars go into a pre-petition bucket that we should not terminate any producer contracts before 12/3/01.

3/5/02 Per Vickie Coen at Dominion
ENA Pool Balances as of
			11/30/01	12/31/01
Gath North		1,323		2,187
Tran North		0		0
Gath South		(26,482)		31,583
Tran South		5,412		8,143

Cumulative		(19,747)		41,913

Dominion IF Prices
Mar 2002	$2.59
Feb 2002	$2.20
Jan 2002	$2.79
Dec 2001	$2.42
Nov 2001	$3.37
Oct 2001	$2.02
Sep 2001	$2.42


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His status for the Week 11 game against Atlanta is unclear.  Mike Anderson , RB DEN - 2700 HUEVOS Updated 11/18/01 Anderson rushed for only 31 yards on 13 carries against the Redskins. Olandis Gary carried the ball 10 times for 28 yards. It is apparent Anderson is no longer worthy of a starting spot on Fantasy teams, and Gary will continue to! s! ee some work at his expense.  Michael Westbrook , WR WAS - Third World Countryman Updated 11/18/01 Westbrook caught nine passes for 104 yards and a TD at Denver. Opposing defenses are focusing on rookie Rod Gardner, and Westbrook is getting open often after starting the year slowly.  Jake Plummer , QB ARI - She Said Updated 11/18/01 Plummer threw for 334 yards, four TDs and was intercepted once by Detroit. Such stellar performances are rare for Plummer, who may not have a better game this season.  Michael Pittman , RB ARI - Cali Bound Updated 11/18/01 The awful Detroit defense limited Pittman to 81 rushing yards on 23 carries. Don't start Pittman in any upcoming weeks unless your team is very thin at RB..  David Sloan , TE DET - Pumpdog Updated 11/18/01 Sloan caught two TD passes for a total of three yards at Arizona. If you are desperate for help at TE, consider Sloan, who always gets regular looks from Charlie Batch.  Lamont Warren , RB DET - Free Agent Updated 11/18/01 Warren rushed for 32 yards and a TD at Arizona and caught 11 passes for 64 yards and a score. The Lions will continue to feature Warren on third downs and near the goal line as a receiver, making him a good Fantasy backup for the rest of the year.  Warrick Dunn , RB TB - Third World Countryman Updated 11/18/01 Dunn caught 12 passes for 138 yards against the Bears, but he rushed for only 12 yards and fumbled twice. Don't count on Dunn for consistently good Fantasy numbers during the next few weeks. He can be explosive, but he is also erratic.  Keyshawn Johnson , WR TB - Baby Blues Updated 11/18/01 Johnson caught 12 passes for 89 yards against the Bears, but he failed to get in the end zone again. Don't depend on Johnson down the stretch unless your team is very thin at wideout.  David Terrell , WR CHI - Cali Bound Updated 11/18/01 Terrell caught one pass for 15 yards at Tampa Bay. The rookie wideout is not consistent enough to start for most Fantasy teams.  Marty Booker , WR CHI - Xtreme Updated 11/18/01 Booker caught seven passes for 165 yards and three TDs at Tampa Bay. In his third season, Booker has become a superb Fantasy wideout. He is a player you must start every week, no matter what matchup he faces.   Plaxico Burress , WR PIT - Free Agent Updated 11/18/01 The Jaguars limited Burress to one catch for 13 yards. The second-year receiver has still not proven he can be a reliable Fantasy player.  LaDainian Tomlinson , RB SD - The Hillrods Updated! 1! 1/18/01 Tomlinson put up decent rushing numbers against Oakland, posting 68 yards and a touchdown. His overall statistics have been down in recent weeks, however, which may have something to do with the fact that he held out for the entire preseason.   Hines Ward , WR PIT - She Said Updated 11/18/01 Ward caught nine passes for 112 yards and a TD against Jacksonville. While he doesn't score often, Ward has become a very solid receiver for Pittsburgh this year, and he will always post respectable totals.  Doug Flutie , QB SD - The Hillrods Updated 11/18! /0!  Flutie's recent struggles continued against Oakland, throwing for only 98 yards on Sunday. Unless he faces a good matchup, starting Flutie is becoming somewhat of a gamble.   Stacey Mack , RB JAC - Xtreme Updated 11/18/01 Mack was held to six rushing yards on eight carries at Pittsburgh. He has not been a reliable back for the Jaguars or Fantasy owners this season.  Rich Gannon , QB OAK - Pierres Flea Circus Updated 11/18/01 Gannon had a solid outing against San Diego, throwing for 311 yards and four touchdowns. He's one of the top five Fantasy quarterbacks in the league and is a must-start every week.   Jerry Rice , WR OAK - Third World Countryman Updated 11/18/01 Rice had a huge game on Sunday, catching eight passes for 131 yards and three touchdowns against San Diego. Rice may not be an every-week starter in smaller leagues, but he can certainly still put up huge Fantasy numbers when the matchup is right.   Tony Banks , QB WAS - Free Agent Updated 11/18/01 Banks was carted off the field in the second quarter of Sunday's game at Denver with a concussion. He was replaced by Kent Graham.  Brett Favre , QB GB - Cali Bound Updated 11/18/01 Favre threw for 262 yards and two TDs against the Falcons, but he was intercepted three times and lost a fumble. Despite some inconsistent play in recent weeks, Favre's potential for big games makes him a must-start every week.  Corey Bradford , WR GB - Free Agent Updated 11/18/01 Bradford caught three passes for 117 yards against Atlanta. The Green Bay wideout is still too inconsistent to be considered a solid Fantasy player.  Chris Chandler , QB ATL - The Wounded Ducks Updated 11/18/01 Chandler started at Green Bay, and threw for 352 yards, two TDs and two interceptions. He remains a good Fantasy backup when healthy.  Bob Christian , RB ATL - Free Agent Updated 11/18/01 Christian rushed for 40 yards and caught five passes for 62 yards at Green Bay. The Falcons are using him more often, and Christian makes a go! od! backup RB right now.  Elvis Grbac , QB BAL - The Leather Cheerios Updated 11/18/01 Grbac threw for 261 yards, two TDs and was intercepted four times by the Browns. The veteran QB has been a big disappointment this year and should not start for most Fantasy teams.  Jason Brookins , RB BAL - The Wounded Ducks Updated 11/18/01 Brookins rushed for 89 yards on 21 carries against the Browns. The rookie is a servicable, yet unspectacular Fantasy player who should give you some occasional TDs down the stretch.   Tim Couch , QB CLE - Pierres Flea Circus Updated 11/18/01 Couch threw for only 144 yards and was intercepted three times at Baltimore. The Cleveland QB appears to be a risk even as a Fantasy backup right now.  Benjamin Gay , RB CLE - Free Agent Updated 11/18/01 Gay saw his first extensive action of the year, carrying the ball 18 times for 56 yards and a TD at Baltimore. He displayed good vision and lateral quickness, and Gay is definitely worth picking up if you need help at RB.   James Jackson , RB CLE - The Leather Cheerios Updated 11/18/01 Jackson (ankle) did not play at Baltimore. Benjamin Gay and Jamel White shared carries in his place.   Lamar Smith , RB MIA - Xtreme Updated 11/18/01 Smith rushed for only 53 yards on 19 carries against the Jets. Smith appears to be mired in mediocrity right now, and he is a risky start unless you lack depth at RB.  Chris Chambers , WR MIA - Free Agent Updated 11/18/01!  The rookie wideout caught only two passes for 25 yards against the Jets. Chambers is still too inconsistent to start for most Fantasy teams.  More Updates  Transactions, View  [IMAGE]Transactions Date Time Player Team Transaction Effective Cost!  11/16/01 6:04 PM Richey, Wade She Said Signed Week 10   11/16/01 6:04 PM Seder, Tim She Said Released Week 10   11/16/01 6:04 PM McNair, Steve She Said Signed Week 10   11/16/01 6:04 PM Green, Trent She Said Released Week 10    Schedule, Breakdown  [IMAGE] Xtreme Player Pos Points Griese, Brian  QB 6.0 Mack, Stacey  RB 0.0 Smith, Lamar  RB 0.0 Booker, Marty  WR 55.0 Hakim, Az-Zahir  WR 0.0 Pinkston, Todd  WR 0.0 Conwell, Ernie  TE 0.0 Cortez, Jose  K 5.0 Ravens  DT 8.0   [IMAGE] TOTAL   74.0   [IMAGE] Collins, Kerry  QB 0.0 Chargers  DT 22.0 Connell, Albert  WR 0.0 Gonzalez, Tony  TE 0.0 Hollis, Mike  K 1.0 Pathon, Jerome  WR 0.0 Smith, Maurice  RB 0.0 Wheatley, Tyrone  RB 0.0   [IMAGE] at KMB Express Player Pos Points Manning, Peyton  QB 18.0 Dillon, Corey  RB 0.0 Staley, Duce  RB 10.0 Hilliard, Ike  WR 0.0 Mason, Derrick  WR 24.0 Muhammad, Muhsin  WR 0.0 Sharpe, Shannon  TE 4.0 Nedney, Joe  K 10.0 Raiders  DT 4.0   [IMAGE] TOTAL   70.0   [IMAGE] Redmond, J.R.  RB 0.0 Jets  DT 47.0 Alexander, Stephen  TE 0.0 Graham, Jeff  WR 0.0 Henry, Travis  RB 0.0 Kasay, John  K 12.0 Stokes, J.J.  WR 19.0 Weinke, Chris  QB 18.0   [IMAGE]  Copyright 2001 Commissioner.COM Inc and SportsLine.com Inc. Your site can be reached from http://fantasy.sportsline.com   FB10SP


Credit Requested

Shipper : 		Tenaska Marketing Ventures
Contract # :		27792
Service Type :	Amended FT
MDQ:			21,000 Dth/d
Rate:			$0.10
Term:			January 8, 2002 through January 8, 2002

Thanks.................
Mike Bodnar


Thank you. I'll give it a go.

	Expertfinder
	Sent by: Kathryn Schultea
	04/17/2001 06:42 PM

		 To: Jeff Dasovich/NA/Enron@Enron
		 cc:
		 Subject: Re: The Power of Who - expertfinder

Thank you for your note.  There was a little timing issue of when the email
went out compared to when the "switch was turned on".  We are in the process
of moving code now and it should be up within the half hour.  I'm hoping
you'll enjoy the application.  Let us know your thoughts.  Thanks.

From: Jeff Dasovich on 04/17/2001 06:05 PM
Sent by: Jeff Dasovich
To: Enron Expertfinder/NA/Enron@Enron
cc:

Subject: Re: The Power of Who - expertfinder

Greetings:
I tried to log in and the system told me that I'm not authorized to use the
system.
Best,
Jeff


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http://www.energynews.net/files/file2/column/coz14.html

Tuesday, September 25, 2001
Tepco Chief Braces For Lower Power Demand From Ind Users

TOKYO (Nikkei)--Terrorist attacks and the subsequent fall in U.S. stock
prices have diminished the confidence of Japanese businesses and
investors, who were already reeling from a global slowdown.

In an interview with The Nihon Keizai Shimbun, Nobuya Minami, president
of Tokyo Electric Power Co. (9501), said he is prepared to see power
demand from large-lot users weakening amid the slumping economy.
Excerpts follow:

Q: How do you view the stock price plunge that has occurred in the
aftermath of terrorist attacks in the U.S.?

A: Japanese stock prices were falling before the attacks, suggesting
that prices may have been inflated to begin with. I think stock prices
may fall further because it's inevitable that companies will collapse as
financial institutions expedite disposal of bad loans.

Q: What's your outlook on the economy and demand for electricity?

A: It's still too early to assess the true economic impact of the
terrorist attacks, but it will be a considerable blow to the sluggish
Japanese economy. The so-called "hollowing out" of the Japanese
manufacturing industry is likely to gather speed as more producers
transfer their factories to China and other Asian countries.

Consumption of electricity was high this summer, but volume customers
are using less because industrial activities continue to slump. I expect
consumption among volume users will begin rising once the bad debt
liquidation phase has passed.

Q: Do you have concerns about rising oil prices given the situation in
the Middle East.

A: Japan depends less on oil now than we did in the 1970s, when there
was a major oil crisis. Our energy sources are more diverse and our oil
reserve system is in good shape. There may be price hikes, but the
impact will be much smaller this time.

Q: Will Tokyo Electric reduce capital investment further?

A: We decided last spring to keep our annual capital investment under
900 billion yen on average for the next three years. That's about 40%
lower than our capital spending during peak times. We'll make further
adjustments if necessary when we create a new capital investment plan
next spring.

Q: While most companies are struggling, Tokyo Electric is expected to
post its highest group net profit since it began reporting group
earnings in fiscal 1994. There are increasing calls to lower electricity
charges, aren't there?

A: We plan to lower the charges in the medium to long term.

Q: What do you say to the view that demand for electricity is unlikely
to rise in the long term, given rising environmental awareness among
Japanese consumers?

A: I think an increasing number of environmentally conscious people will
cut consumption as they pursue a life that's less driven by consumption.
Electric companies have to develop new revenue sources, such as energy
conservation consulting.

Q: In the U.S. and Europe, many utility companies handle both
electricity and gas. Do you think Japanese electric companies will do
the same?

A: As deregulation advances, the boundaries between electricity, gas and
oil industries in Japan will probably become more blurred. Tokyo
Electric has to become a more comprehensive company that can deliver
whatever energy the market demands.

(The Nihon Keizai Shimbun Tuesday morning edition)

_____
Issued: September 24, 2001
Power deregulation fails to connect
New entrants impeded by high up-front costs; some foreign firms prefer
trading or other niches

NATSUKO SEGAWA
Staff writer

Ennet Corp., an independent power provider established by the NTT group
and others, operates this power plant, which started up in July, in
Ibaraki Prefecture.

Some 18 months after the partial deregulation of the electricity market,
new entrants are beginning to wonder if they really are facing free and
fair competition for the potentially huge profits. Meanwhile, some
foreign firms are utilizing their advantages, such as expertise in
power-related financial trading, to carve out new niches unexplored by
Japan's tradition-bound regional power utilities.

Since March 2000, when the government revised the Electricity Utilities
Industry Law to allow free entry to the retail market for large-lot
users, nine domestic companies have notified the Ministry of Economy,
Trade and Industry of their plans to enter the market. While not yet
submitting such notifications, at least three foreign firms - Enron
Japan Corp., InterGen (HK) Ltd. and El Paso Japan Co. - have started
feasibility studies or negotiations with potential clients.

In spite of the sluggish economy, the utility business appeared to be a
promising field because of its huge potential: Full-scale deregulation
will give access to a market worth around 15 trillion yen ($127 billion)
a year, making Japan the world's second-largest electricity market.
Further, the market keeps growing at a rate of 1-2% a year. So even when
just 30% of the market was opened, there was a rush of new entrants.

But their expectations have been largely disappointed. According to an
estimate by the Trade Ministry, new entrants have only a 0.2% share of
the market. The difficulty in constructing new power plants, high
transmission costs and an uncertain deregulation schedule are slowing
new participants' expansion of business.

Enron, which opened a Tokyo office in July last year, is mounting an
active challenge to Japan's regulations and traditional business
customs. In May, its local unit released proposals on electricity reform
via the Internet, which say that if the Japanese electricity market had
introduced fair competition and reduced electricity costs to the level
of the U.S., large-lot customers could have cut their electricity costs
by around 4 trillion yen a year.

Nicholas O'Day, vice president of Enron Japan, does not try to hide his
irritation at the slow progress of the deregulation process and
indicates that strong government leadership is needed to enforce further
reform. Especially, Enron and other new entrants want to see sharp
reductions in the transmission fees charged to independent power
providers by the utilities for access to their transmission lines.

Satoshi Abe, senior analyst at Daiwa Institute of Research, said: "Most
clients in the deregulated market are industrial customers that already
enjoy low electricity costs amounting to 12 yen per kilowatt-hour. The
average generating cost is 7 yen per kilowatt-hour, and new entrants pay
around 4-5 yen per kilowatt-hour to utilities in transmission charges
and other fees. So there's no room for profit."

However, Hiroshi Araki, manager of corporate planning at Tokyo Electric
Power Co. (Tepco), argued, "We face the same cost when we use our own
transmission lines, so we're competing on an equal footing with the new
entrants."

Another disappointment for the new suppliers was the difficulty of
obtaining additional electricity to sell. As building a power plant
requires an initial investment of at least 10 billion yen, most new
entrants planned to buy excess electricity from manufacturers who have
their own power generators and resell it.

But the plan soon ran into difficulties. "We could procure only 50-60%
of the electricity we needed, and we were forced to revise our business
model," said Tsutomu Takeda, vice president of Ennet Corp., an
independent power provider set up by the Nippon Telegraph and Telephone
Corp. group and others. To secure supplies for its main customer, the
NTT group, Ennet started operating a power plant in Ibaraki Prefecture
in July and plans three more in Chiba and Kyoto prefectures by autumn
2003.

For the foreign entrants, the situation is even more severe as they have
to build relationships with customers and find suitable sites to build
power plants from scratch. Earlier this year, two U.S. power companies,
El Paso and InterGen, opened branches in Tokyo, but they say they are
just waiting and watching developments for now.

Stephen Del Regno, president of El Paso Japan, compared the situation
here to that of South Korea, which is also deregulating. "In South
Korea, land and labor costs are also very high, but it is still more
than 50% cheaper to build a power plant there."

Keys Curry, head representative at InterGen, said: "The environmental
impact assessment process is quite long in Japan. So if you want to
build a large power plant, it takes at least six years. Who can propose
to clients to buy electricity that will be provided six years later?"

Financial products

Seeing these difficulties, some foreign companies chose to start by
offering financial products hedging risk, and follow by trading
electricity or futures contracts. Enron is the forerunner in the field,
offering weather derivatives and other such products. The local unit of
a major U.S. brokerage has staged experimental futures trading of
electricity, gathering around 20 participants in March and May. Both
have power plants in the U.S., but here they are leaving actual
generation until later.

_________________________________________________________________
Get your FREE download of MSN Explorer at http://explorer.msn.com/intl.asp


Hi everybody,
I'm going to miss this month's HammerHead meeting.  I'll be in
Washington DC for the Memorial Day weekend.  For those of you who may
not be able to attend either, I've attached some of the info that Kenny
Vassigh and OJ Strickland will be talking about during the meeting.
Hope you have a good time.  See you at the June meeting.

Kristi Foster
713-662-3455

Meeting Details:   Friday 5/26 from 7:30 to 9:30 (NEW TIME!) at Surfer's
Paradise Restaurant/Bar (NEW LOCATION!).  Their address  is : 7620 Katy
Fwy., I-10 at Silber right off of  610.  New members are always
welcome.  Ask for the HammerHeads group.    BTW - We are going to change
our meeting day for month of June and possibly subsequent months to a
day during the week (WED or THURS perhaps).  This is because we are
having difficulty reserving spaces for groups on Friday nights (the
busiest night for restaurants and bars).  We hope this will increase the
effectiveness of our meetings without dampening the fun.  Please let us
know what you think.

OJ will have details on the National Dive-In Day event scheduled for
June 11th (Sunday).  The group will be  going to Athens Scuba Park.
It's located 75 miles southeast of Dallas (about 3 to 3 1/2 hour drive
from Houston.  This is a world-wide dive event.  Let's try to have the
largest group attendance!!!

Sixteen people have already signed up for the Cayman Islands group trip
Sept 28 - Oct 5.  I have reserved 12 more spots in case others still
want to go.  We're getting really close to the deadline, after which I
have to release all unreserved seats.  OJ will have the sign up sheet.
Contact me if you want more info.  FYI - Your space is not reserved
until I've received a $100 deposit check.

We'd like your input on how to improve the club.  OJ handed out two
surveys at the last meeting.  I've attached copies at the end of this
note.  Please fill them out - it's the only way we know what you'd like
to get out of the club. Otherwise you're stuck with our ideas. You can
either turn them in at the May meeting or you can email them to me.  We
also need to small group of volunteers who may be interested in running
for office (no commitment at this time) or just structuring the club.
We'd like to get together with this small group sometime in mid-June
(maybe the 15th or 16th) and divvy up the responsibilities to each
office.  We'll compile this info and share it with the larger group at
the June meeting.  Then if anybody is interested in running for a
position, we can have nominations/volunteers at the June meeting.
Elections to be held later (maybe in July?)  If you have any questions
or comments. please feel free to contact Kenny, OJ or me.

Kenny Vassigh   kvassigh@hotmail.com
OJ Strickland    sorris@hotmail.com
Kristi Foster     panacea1@swbell.net

 - Club Officers.doc
 - Survey.doc


Yours????
---------------------- Forwarded by Mark A Taylor/EFS/EES on 05/16/2000 04:09
PM ---------------------------

Louise Kitchen@ECT
05/16/2000 07:09 AM
To: "Frank Getman, HSE" <fgetman@houstonstreet.com> @ ENRON
cc: "'mark.taylor@enron.com'" <mark.taylor@enron.com>@ENRON,
"'dave.samuels@enron.com'" <dave.samuels@enron.com>@ENRON, Andy
Zipper/Corp/Enron@Enron
Subject: Re: Follow-up on Friday's meeting

I spoke to Mark yesterday and he is moving as fast as possible - it may be a
good idea to start with a detailed term sheet  whilst the fuller document is
in drafting (we will be using external counsel to speed things up).

I looked at your list of products (sent by Kevin) which is a great deal wider
than those we quote.  I think the best qay to proceed would be with a
manageable list from which we build as soon as both parties are happy with
the technology.
I have attached a draft list below (natual gas an power only so far), the
terms would be dependent of their availability.  When do you plan to
introduce financial transactions?

Due to the time difference this week - the easiest way of contacting me is
email.  I would also suggest we think about setting up a meeting for early
next week to go through the draft.

Regards

Louise

	Enron Capital & Trade Resources Corp.

	From:  "Frank Getman, HSE" <fgetman@houstonstreet.com>
   05/15/2000 11:19 AM

To: "'mark.taylor@enron.com'" <mark.taylor@enron.com>
cc: "'dave.samuels@enron.com'" <dave.samuels@enron.com>, "Louise Kitchen
(E-mail)" <lkitchen@enron.com>

Subject: Follow-up on Friday's meeting

Hi Mark,

Thanks for taking time on Friday to participate in our meeting.  I think we
made good progress -- by the end of the day, Louise and I were able to
resolve most, if not all, major items.  Late on Friday, Kevin Sluder from my
office forwarded to Louise by email a list of the proposed markets on
HoustonStreet for which we would look to receive prices electronically from
EnronOnline.  Louise indicated that you would attempt to have a draft
agreement available late in the day on Monday or Tuesday morning.  I wanted
to confirm this timing so I can make sure I have the appropriate individuals
on my end ready to turn it around.  I think it is in everyone's interest to
try to push this forward this week.

Please let me know if you need any additional information from
HoustonStreet.

Best regards,
Frank Getman
fgetman@houstonstreet.com


---------------------- Forwarded by Judy Hernandez/HOU/ECT on 04/13/2000
04:34 PM ---------------------------

	Enron North America Corp.

	From:  Maria Sandoval                           04/13/2000 01:29 PM

To: Andrea R Guillen/HOU/ECT@ECT, Phenicia Olivier/HOU/ECT@ECT, Bernice
Rodriguez/HOU/ECT@ECT, Melissa Rodriguez/HOU/ECT@ECT, Cassandra S
Dutton/HOU/ECT@ECT, Lorraine Becker/HOU/ECT@ECT, Angela Henn/HOU/ECT@ECT,
Melba Lozano/HOU/ECT@ECT, Chantelle Villanueva/HOU/ECT@ECT,
patty.soria@halliburton.com, elizabeth.gutierrez@eott.com, Judy
Hernandez/HOU/ECT@ECT, Elizabeth Soto/HOU/ECT@ECT, amolina@unifirst.com,
apena26@hotmail.com, Pamela Sonnier/HOU/ECT@ECT, Brenda
Barreda/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Yolanda Pena/Corp/Enron@Enron
cc:
Subject: FW: : Rescuing Hug

---------------------- Forwarded by Maria Sandoval/HOU/ECT on 04/13/2000
01:29 PM ---------------------------

Yolanda Sandoval <Yolanda.Sandoval@Halliburton.com> on 04/13/2000 01:18:50 PM
To:
cc:
Subject: FW: : Rescuing Hug

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

 <<RESCUINGHUG.JPG>>

 - RESCUINGHUG.JPG


-----Original Message-----
From: Cerruti, Julie [mailto:JCerruti@hess.com]
Sent: Tuesday, October 23, 2001 2:45 PM
To: 'Annie-ThuCuc (work)'; 'MaiNguyen'; 'Marta Keane'; 'Pat Fahy'; Lum,
Rosalyn; 'V.Gatewood'
Subject: FW: Beauty tips

Subject: FW: Beauty tips


Thanks.  I'm in DC (actually, Richmond VA) with Nancy Wodka working on a
PPA.  I haven't opened the attachment yet due to the length of time it takes
over this connection, and the late hour.

You may have addressed this in your email, but as I recall you were going to
work on a summary of the restricted activities, as a foundation for the
document anticipated by the LLC agreement.  Any luck with that?

I'll be in touch shortly.  Thanks for keeping track.

Kay


FYI.
---------------------- Forwarded by James D Steffes/HOU/EES on 09/14/2000
11:39 AM ---------------------------

"Elizabeth A. VanDersarl" <liz@luntz.com> on 09/14/2000 10:50:27 AM
To: "'James D Steffes'" <jsteffe@enron.com>
cc:
Subject: RE: Luntz Presentation

Hi Jim,

 I apologize for not sending these to you earlier.  Please call me if
you have any problems with this transmission.

Regards,
Liz

 - Perfect soundbite.doc
 - PRINCIPLES.doc
 - Top Facts.doc
 - YOUR OPPONENT.doc
 - Pro-Dereg - revised.doc


The tagg number for the january piece is QP7914.  This deal was put in after
the fact - Feb.  so, we will have a variance in January that should be offset
in February.  This is due to the information not getting to us in time to
change the customer price in Sitara before we flashed Jan.  The sitara number
that this all relates to is 543246.  Shout with any questions.  Thanks.
PL


Hi Ken,

I have two tickets available for Saturday night if you still want them, at
$25/each.  Just email me back, and I'll bring the tickets tomorrow.

Thanks,

Kay


---------------------- Forwarded by Andrea Ring/HOU/ECT on 12/01/2000 01:51
PM ---------------------------

Susan W Pereira
11/16/2000 08:10 AM
To: Victoria Versen/HOU/ECT@ECT, Andrea Ring/HOU/ECT@ECT
cc:
Subject: Fwd: Election concession & retraction parody. Has good audio also.

---------------------- Forwarded by Susan W Pereira/HOU/ECT on 11/16/2000
08:05 AM ---------------------------

Scott Hendrickson
11/15/2000 12:31 PM
To: susan.pereira@enron.com
cc:
Subject: Fwd: Election concession & retraction parody. Has good audio also.

---------------------- Forwarded by Scott Hendrickson/HOU/ECT on 11/15/2000
12:19 PM ---------------------------

Dick Jenkins
11/15/2000 11:58 AM
To: Scott Hendrickson/HOU/ECT@ECT
cc:
Subject: Fwd: Election concession & retraction parody. Has good audio also.

---------------------- Forwarded by Dick Jenkins/HOU/ECT on 11/15/2000 11:57
AM ---------------------------

	From:  Keith Holst                           11/15/2000 11:48 AM

To: Dick Jenkins/HOU/ECT@ECT
cc:
Subject: Fwd: Election concession & retraction parody. Has good audio also.

---------------------- Forwarded by Keith Holst/HOU/ECT on 11/14/2000 11:46
PM ---------------------------

Mike Grigsby
11/13/2000 02:27 PM
To: Keith Holst/HOU/ECT@ect, Carey M Metz/HOU/ECT@ECT
cc:
Subject: Fwd: Election concession & retraction parody. Has good audio also.

---------------------- Forwarded by Mike Grigsby/HOU/ECT on 11/13/2000 02:27
PM ---------------------------
From: Matthew Lenhart on 11/13/2000 01:39 PM
To: Mike Grigsby/HOU/ECT@ECT
cc:
Subject: Fwd: Election concession & retraction parody. Has good audio also.

---------------------- Forwarded by Matthew Lenhart/HOU/ECT on 11/13/2000
01:39 PM ---------------------------
To: Matthew Lenhart/HOU/ECT@ECT
cc:

Subject: Fwd: Election concession & retraction parody. Has good audio also.

---------------------- Forwarded by Ross Prevatt/HOU/ECT on 11/13/2000 01:08
PM ---------------------------

Charles H Otto
11/13/2000 01:03 PM
To: Ross Prevatt/HOU/ECT@ECT
cc:
Subject: Fwd: Election concession & retraction parody. Has good audio also.

---------------------- Forwarded by Charles H Otto/HOU/ECT on 11/13/2000
02:01 PM ---------------------------

Chris Gaskill@ENRON
11/13/2000 12:35 PM
To: Charles H Otto/HOU/ECT@ECT, Tara Piazze/NA/Enron@ENRON
cc:
Subject: Fwd: Election concession & retraction parody. Has good audio also.

---------------------- Forwarded by Chris Gaskill/Corp/Enron on 11/13/2000
12:35 PM ---------------------------

Marc Bir <marc@delphihome.com> on 11/13/2000 12:29:45 PM
To: Chris.Gaskill@enron.com
cc:

Subject: Fwd: Election concession & retraction parody. Has good audio also.

><http://www.mediatrip.com/shows/phone_flash.html
>http://www.mediatrip.com/shows/phone_flash.html


I know, but if you were my boss, then I would be able to

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Thursday, January 31, 2002 12:40 PM
To:	Rybarski, Amanda
Subject:	RE:

you cant unfortunately

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Thursday, January 31, 2002 12:40 PM
To:	Maggi, Mike
Subject:	RE:

let's go

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Thursday, January 31, 2002 12:39 PM
To:	Rybarski, Amanda
Subject:	RE:

now

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Thursday, January 31, 2002 12:39 PM
To:	Maggi, Mike
Subject:	RE:

and I'm ready to anytime

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Thursday, January 31, 2002 12:39 PM
To:	Rybarski, Amanda
Subject:	RE:

you can anyway

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Thursday, January 31, 2002 12:37 PM
To:	Maggi, Mike
Subject:	RE:

I think so, I would treat you better than she can

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Thursday, January 31, 2002 12:36 PM
To:	Rybarski, Amanda
Subject:	RE:

we will have to work on that in the future

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Thursday, January 31, 2002 12:36 PM
To:	Maggi, Mike
Subject:	RE:

No, I'm actually pretty happy about the deal.  Not as happy as I would be if I were working for you.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Thursday, January 31, 2002 12:35 PM
To:	Rybarski, Amanda
Subject:	RE:

thats not bad

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Thursday, January 31, 2002 12:35 PM
To:	Maggi, Mike
Subject:	RE:

Yeah, right.  I wish! I am working for Chris still and Scott Neal.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Thursday, January 31, 2002 12:34 PM
To:	Rybarski, Amanda
Subject:	RE:

perfect, are you working with me

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Thursday, January 31, 2002 12:32 PM
To:	Maggi, Mike
Subject:

We're going to be sitting kina close after the move.


---------------------- Forwarded by Mark Taylor/HOU/ECT on 01/11/2000 09:38
AM ---------------------------
To: "Raspe, Adele M." <Adele.Raspe2@pseg.com>
cc:
Subject: Re: electronic trading agmt.

Adele,

Here is a revised version.  Let me know what you think.

Mark


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here you go you democrat.......................

www.gorelieberman-2000.com/


Steve,
in order to be able to test the New Credit Model as well as to answer Credit
Group's
questions regarding the outputs from this model Research needs to be able to
do the following:

1. Run Credit Model independently of the other runs. It is quite OK for now
to be able to run it just for small artificial portfolios.
2. Debug the code to see what actual values are used during the run time.

Please, let me know if your team can help us.

Tanya.


I'll try
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)


NETWORK WORLD FUSION FOCUS: AMY LARSEN DeCARLO
on STORAGE IN THE ENTERPRISE
Today's Focus: The lure of the SAN
03/14/00

Dear Wincenty Kaminski,

Today's Focus: The lure of the SAN
---------------------------------------------------------------
By Amy Larsen DeCarlo

E-business is changing how businesses value information. Information
has become a strategic asset that gives companies an edge over their
market rivals. Companies use intelligence to identify new markets and
make contact with prospective customers. In this media-saturated era,
information itself is packaged and sold as a product. This makes the
ability to supply users with fast access to stored information on a
continuous basis absolutely crucial.

Companies are clearly coming to a crossroads in their storage
implementations.  With estimates for Internet storage capacity needs
doubling every three months, IT professionals are hungry for a scalable
solution to help them consolidate control of stored information. They
often look to storage-area networks (SAN) as a better option to manage
their information storage systems than distributed models.

Today, most organizations rely on a distributed storage model that uses
file servers to process I/O requests from end users and other
application servers. In this model, all requests for data go through
the file server that owns the attached storage disks, and only one file
server can tap data on a particular disk via a SCSI bus.

This model has several shortcomings.  First, the amount of data a
server can access is restricted to the number of disks supported by the
bus, which limits the capacity of a single file server.  Second, because
the server processes each I/O request, it risks becoming a bottleneck.
Third, this server model carries some daunting availability limitations,
because only one file server is allowed to access a set of disks.  If
that file server or any of its SCSI connections fails, then users and
other application servers lose access to the stored files.

This model carries other major disadvantages.  Distributed file servers
rely on the data transport network to run backup and recovery operations
which can eat up bandwidth and slow normal network transmissions to a
crawl.  Finally, this decentralized setup is difficult to manage from
both a logical and a physical perspective.  File server based storage
systems are distributed throughout the enterprise, so it is often
difficult to assess current and future capacity needs.  And because
these servers use a parallel cabling scheme to link the file server to
the disk array, they can also be cumbersome to set up and manage.

SANs promise to mitigate the problems that plague conventional file
servers, largely through consolidation of control.  These specialized
storage networks claim higher availability, faster performance,
centralized management, and by their architecture, the capability to
remove bandwidth-intensive data backup and recovery operations from the
LAN. This frees up the LAN for normal data communications and ensures
smoother back-up operations.

Using high-speed transports like Fibre Channel, SANs offer a high-
performance network optimized for moving storage data. SANs also make
way for new storage implementations like LAN-free backup. And, because
Fibre Channel can support distances of up to 10 kilometers, SAN devices
can be widely distributed, but also centrally managed as one network.

Yet, as was the case with LANs in their younger years, SANs are still
developing. Vendors are still working out major product interoperability
issues, while companies deploying SAN technology struggle with how to
merge the very different worlds of storage and networks and manage both
together. Ultimately the hope is that, like LANs, SANs will develop into
a mature and highly manageable solution that supplies substantial
benefits at lower costs.

Given that storage deployment and ongoing support costs can total 10
times the acquisition price for the equipment, the consolidated
management capabilities of a SAN may deliver the biggest benefit to
business.

To contact Amy Larsen DeCarlo:
------------------------------
Amy Larsen DeCarlo is an analyst with Enterprise Management Associates
in Boulder, Colo., (http://www.enterprisemanagement.com), a leading
analyst and market research firm focusing exclusively on all aspects of
enterprise management. She focuses on storage management, application
management, and security. In her position, she oversees market research
and contributes to custom project work in her focal coverage areas.
Prior to joining EMA, Amy spent five years covering enterprise
management for industry trade magazines, including InformationWeek and
Data Communications. She can be reached at
mailto:decarlo@enterprisemanagement.com

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
FOR RELATED LINKS -- Click here for Network World's home page:
http://www.nwfusion.com
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Storage Networking Industry Association (SNIA):
http://www.snia.org

Fibre Channel Industry Association (FCIA):
http://www.fibrechannel.com

SCSI Trade Association (STA)
http://www.scsita.org

Other storage-related articles from Network World:

Legato primes storage resource mgmt, Network World, 03/13/00
http://www.nwfusion.com/archive/2000/89776_03-13-2000.html

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Network World Fusion is part of IDG.net, the IDG Online Network.
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Copyright Network World, Inc., 2000


Could everyone please notify Phil Redman (and cc Eric Gadd and myself) of any
planned absences (holiday etc) until the end of September

Thanks

Esther


The Meeting have been moved to EB2831


Enjoy!
 - 20011213ERCOT_LOAD.XLS
 - 20011213ERCOT_FLOW.XLS