TO:       Members of the Board of Directors

FROM:          Ted McNamara

SUBJECT:  Meeting of the Board of Directors of the Americas Society
          Monday, December 11, 2000
          9:00 a.m. - 10:30 a.m.

Thank you for your prompt response to my memo regarding the date of the
December Board meeting.

This is to confirm that the December meeting of the Board of Directors of
the Americas Society will be held on Monday, December 11, 2000, 9:00 a.m. -
10:30 a.m., at 680 Park Avenue, Conference Room-3rd floor.  The meeting
agenda and minutes of the September 14 meeting will be sent to you closer
to the date.

If you have not already done so, please confirm your attendance to Doris
Cramer by phone at 212-249-8950, ext. 345, or by fax at 212-249-1880, or by
email to dcramer@as-coa.org.  We regret that the change in date from
December 5 made it impossible for some of you to attend.

I look forward to seeing you on December 11.


On Monday, July 10th, I have two attorneys starting w/ ENA Legal Department.
Marcus Nettleton is transferring from EBS and Robert Bruce is from an outside
firm.  Can we please get the computer equipment set up for these two
gentlemen on Monday afternoon?  The cubes they are moving into will be
constructed on Friday 7/7/00, and completed by Monday 7/10/00.

Thanks.

Joya' F. Davis
Sr. Admin. Assistant
ENA Legal Department
EB3855A
joya.davis@enron.com
(713) 853-9559 DID
(713) 646-4842 FAX


Calif Resells Surplus Power At A Loss In Second Quarter

LOS ANGELES -(Dow Jones)- The California agency buying power in lieu of the state's ailing utilities resold electricity in the spot market during the second quarter at an average price of $45 a megawatt-hour, the agency said Wednesday.

The announcement by the California Department of Water Resources was an answer to critics who blasted the department this summer for having to resell surplus power for as little as $1 a megawatt-hour because it secured too much electricity under long-term contracts negotiated by the administration of Gov. Gray Davis, the department said.

In a press release, the department's California Energy Resources Scheduling division, its power-marketing arm, said it resold 224,871 megawatt-hours, or 1.1% of its total purchases. That power generally was first bought on the spot market or through monthly or quarterly contracts, not the long-term contracts, the department said.

Such sales are typical of any power-buying operation, as demand for electricity can vary in unpredictable ways, the department said.

The DWR is responsible for buying all the power needed by the customers of the state's three main utilities beyond what the utilities generate themselves or have secured under their own long-term contracts - or about one-third of the total.

According to the DWR, power secured under Davis' long-term contracts covers one-third to one-half of the electricity it must supply. Short-term deals, such as monthly or quarterly contracts, represent one-third of the portfolio. The rest is bought in the spot market.

The state has put its average cost of power under the long-term contracts at 7.9 cents per kilowatt-hour for the first five years and 6.9 cents per kilowatt-hour for the next five years.

Davis has taken heat for locking up too much electricity at high prices. Similarly, the Department of Water Resources has been criticized for amateurish purchasing practices.

The DWR releases information on its power transactions quarterly to protect its negotiating position, the department said.

The DWR buys power for customers of PG&E Corp. (PCG) unit Pacific Gas & Electric, Edison International (EIX) unit Southern California Edison and Sempra Energy (SRE) unit San Diego Gas & Electric.


Brad Romine called 9/20/00-x 54922 Per GW to set up mtg w/Reck


BUSINESS HIGHLIGHTS

East Power Midwest Origination
Beginning late 2000, East Power Marketing implemented a complete market
coverage strategy.  Since then, EPMI has begun to develop relationships with
hundreds of small &mom & pop8 municipalities.  Many of these munis had no
prior contact with Enron.  As a result, East Power has executed a valuable 30
MW energy call option term purchase from the Municipal Energy Agency of
Nebraska (MEAN) at a congested location.

Enron Industrial Markets
EIM has renamed Pulp, Paper & Lumber to Forest Products in order to fully
encompass our multiple product offerings.

East Power Development
The Planning and Zoning Commission for Pompano Beach, FL approved ENA's
rezoning request and site plan for the Pompano Beach Energy Center, a 510
megawatt peaking power plant.  On the rezoning request, the vote was 6 to 1,
and on the site plan, the vote was 7 to 0.  The rezoning request will be
forwarded to the Pompano Beach City Commission for their review.
Additionally, the Florida Department of Environmental Protection (DEP) has
announced its intention to issue an air permit for the facility.

Next steps include a DEP public hearing on Monday, March 26, and the first of
two votes on the rezoning request before the Pompano Beach City Commission,
which is scheduled for Tuesday, March 27.

IN THE NEWS

EWS Brown Bag Lunch
Mark Your Lunch Calendars Now!  The next one is scheduled for Thursday, March
15, 2001 featuring Ray Bowen. He is the COO of EIM and will be discussing
Enron Industrial Markets.

Open Forum Editorial in The San Francisco Chronicle  by Kenneth Lay    3/1/01
What has happened in California over the past four years is not
deregulation.  It is misguided regulation.

Deregulation does not mean eliminating customer choice and competition for
most customers.
Deregulation does not mean limiting new market entrants.  Fewer than five
percent of customers in California are served by competing suppliers.

Deregulation does not mean creating a single central power pool from which
all participants must buy and sell their wholesale power; the state Power
Exchange effectively replaced three monopoly buyers with one monopoly buyer.

Deregulation does not mean buying all of your commodity at the last minute,
on the spot market, rather than planning ahead and purchasing most of the
power under long-term contracts that lock in prices.

The situation in California is the result of continued regulation,
complicated by a series of natural and man-made factors.

WELCOME
New Hires
EGM  - Lowell Bezanis, Owen Zidar
EIM   - Eric Holzer, John Ovanessian
ENA  - Mecole Brown, Nita Garcia, Ambroshia Hunter, Nikole Jackson, Junichi
Sugiura, Theresa Zucha, Cynthia Gonzalez, Scott Wilson, Kenton Schaefer,
Emily Butler

Transfers
ENA - Joseph Hardy, Nancy Vu, Lloyd Miller, Jinsung Myung, Patrick Johnson,
Jason Wolfe, Andrew Miles, Sara Shackleton
EIM  - Sherri Baldwin, Debbie Chance, Rob Saltiel
EGM - Jody Crook, Neithard Foley, Juan Paysse, Bhavna Pandya, Courtney
Campbell, Terri Denning

NUGGETS & NOTES

"It is on the high side of medium to high." --Tim Battaglia, Vice
President/Steel Origination EIM (discussing the probability of a transaction
closing).

&I wanna see the phone glued to your ear!8 -- Ed Baughman, Vice
President/East Power Mid Market ENA

&REFERRALS, REFERRALS, REFERRALS!  It pays to know good people." ) Ambroshia
Hunter Perry/HR ENA

You requested more info(. Proud parents Michelle Vitrella, PR coordinator,
and husband David Vitrella, manager of trading, have named their baby girl
Lily Ann. She was born on February 27, 2001.

Learning at the Speed of Enron
If you haven't had a chance to log on to www.investinme.enron.com, you're
missing a fast and easy way to gain the information you need to get ahead and
stay ahead. This new EWS training site combines everything you loved about
Ernie with much, much more.  Enron employees now have the ability to register
for hundreds of classes on industry-related topics anywhere in the world.
Don't have time to attend a classroom training? No problem, you can now use
the web site to search for books, videos, CD ROM, and web-based training. All
the learning you want, anytime, anywhere.  Just go to
www.investinme.enron.com and start building your future today!

NEWS FROM THE GLOBAL FLASH

Enron Wind
Enron Wind has purchased the factory facilities of the Dutch company, Aerpac,
Europe's second largest producer of wind turbine rotor blades.  This move
represents a significant step towards fulfilling Enron Wind's strategic
objective of manufacturing high-quality and technically sophisticated rotor
blades in-house.  Enron Wind will be using its own moulds to produce the
rotor blades.  The acquisition of the Almelo-based factory facilities, which
are only 60 kilometres from Enron Wind's facilities in Salzbergen, Germany,
gives the company a convenient base for European wide distribution.

Enron applies for Greek electricity trading license
Enron, through its subsidiary Enron Power MEPE, has applied for an
electricity supply license for Greece, for the 34% market opening on Feb 19th
2001.  If the license application is successful, Enron will be allowed to
approach customers consuming more than 100GWh up to a combined total peak
capacity of 350MW.  In total, 4 companies have applied for power trading
licenses (Enel, ATEL and Cinergy also applied).

LEGAL STUFF
The information contained in this newsletter is confidential and proprietary
to Enron Corp. and its subsidiaries.  It is intended for internal use only
and should not be disclosed.


I will forward your request to Darla Saruicer .. customer rep. for The New
Power


Yeah, I'm alive and still w/Enron...but oh the details...I'll call you soon.
Dean

PS.  Never thought Oliver was into that "Party with all your Frat brother's at your wedding" sort of deal.
Deano

-----Original Message-----
From: Carl and Chrissy Christoferson [mailto:candc@gocougs.wsu.edu]
Sent: Wednesday, November 14, 2001 3:53 PM
To: Dean, Craig
Cc: Oliver Smith
Subject: [Fwd: Hey carl]

Craig -
Give me a call 707-580-3030 new cell phone number.  We need to speak.
Olliver contacted me the other day to say hello and update, etc.  I said that I
had spoke to you in the last 6 months, but I think it has been longer.  Give me
a call.

Carl

Oliver Smith wrote:

> Hello again-
> Yeah, it would be good to get Dean's info.  My address and stuff:
>
> 1707 N. 45th St. #5
> Seattle, WA  98103
> 206-632-9463 home
> 206-293-1459 cell
>
> I'm still just teaching Business and coaching football and baseball.  Still
> a blast.  I love it.  What kind of business is Chrissy into?  I'd love to
> visit the website when it's ready to go.  I wish I had a wedding photo of
> Jen and I, but I don't have a scanner here at home.  Anyway, she's
> absolutely beautiful, and I still pretty much look the same.  Not sure it
> I'll ever look my age...oh well.  Anyway, I've got my nightly ration of 1-2
> beers to drink, so I'd better get to it.  It would be great to talk to you
> sometime.  Keep in touch.
>
> Oliver
>
> >From: Carl and Chrissy Christoferson <candc@gocougs.wsu.edu>
> >To: Oliver Smith <olivermsmith@hotmail.com>
> >Subject: Re: Hey carl
> >Date: Mon, 12 Nov 2001 20:05:25 -0800
> >
> >By the way, I have talked with Craig in the last 6 months, but not since
> >the
> >attacks.  I know that he was working for Enron, and their stock isn't worth
> >shit
> >now, and they are being talked about getting bought out.  But no word.
> >I'll try
> >to get contact this week, and give you his info...
> >
> >Carl
> >
> >Oliver Smith wrote:
> >
> > > Hey guys!
> > > I was on the Phi Tau website and found your address.  My old AOL account
> >had
> > > your address in the address book, but I forgot to write it down when I
> > > cancelled.  So, how are you guys doing?  Any kids yet?  Hehehe.  Well, I
> >am
> > > now a married man.  Last July, Jennifer (Brinton), and I got married
> >over in
> > > Redmond.  We went to Thailand and Bali for our honeymoon...it was a
> >blast.
> > > She was going to Western when we met, so we kind of had a long-distance
> > > thing going for awhile.  Somehow, it all worked out.  She is now getting
> >her
> > > masters at UW (She'll be an english teacher).  Right now, we are living
> >in
> > > Wallingford, but looking for a condo.  Or, we actually have been tossing
> >the
> > > idea of moving up to Bellingham and getting a house.  Too damn expensive
> >in
> > > Seattle, unless I want to live in the CD or something like that.
> > >
> > > How is California?  Still working at the same jobs?  Do you guys still
> >talk
> > > to any of the WSU people?  Jen and I pretty much hang around with Josh
> >and
> > > his girlfriend Renee', Ty, Toby, Nate Z, and some other newly aquired
> > > friends.  Other than those guys, I really haven't talked to anyone we
> >have
> > > in common in a long time.  Do you know what happened to Craig Dean?
> >I've
> > > been trying to figure out where he is now with no success.
> > >
> > > Well, get back to me.
> > >
> > > Later,
> > >
> > > Oliver
> > >
> > > >From: Carl and Chrissy Christoferson <candc@gocougs.wsu.edu>
> > > >To: Oliver Smith <olivermsmith@hotmail.com>
> > > >Subject: Re: Hey carl
> > > >Date: Mon, 12 Nov 2001 11:17:59 -0800
> > > >
> > > >Hi Oliver - it's chrissy. Carl's at work so I thought I'd let you know
> >this
> > > >is
> > > >the right address!  How are you? Where are you? WHat are you doing
> >these
> > > >days?
> > > >I know Carl will be excited to her from you!
> > > >
> > > >chrissy
> > > >
> > > >Oliver Smith wrote:
> > > >
> > > > > Just checking to see if this is still your email address.  Get back
> >to
> > > >me
> > > > > and I'll write more.
> > > > >
> > > > > _________________________________________________________________
> > > > > Get your FREE download of MSN Explorer at
> > > >http://explorer.msn.com/intl.asp
> > > >
> > >
> > > _________________________________________________________________
> > > Get your FREE download of MSN Explorer at
> >http://explorer.msn.com/intl.asp
> >
>
> _________________________________________________________________
> Get your FREE download of MSN Explorer at http://explorer.msn.com/intl.asp


Teco Tap       20.000 / Enron ; 100.000 / IFERC

LS HPL LSK IC       30.000 / Enron


Dave will be out of the office December 23, 2000 until Monday, January 8,
2001.  He will be checking his voicemail and will have his cell phone.

The following are the numbers where he can be reached:

 December 24  thru December 26 - Saskatoon, SK   (306) 374-9587 or Cell
Phone   (713) 907-6315

 December 27 thru January 7 - Fairmont, B.C.  (250) 345-4569 or Cell Phone
(713) 907-6315

Beverly (x 5-7857) will be available to assist you if you need any help
reaching Dave....

Happy Holidays,


Didn';t one of you guys review this for all of us last time?  Let me know--my
memory isn't helping me today.  Marhta, please print the stuff for me.
thanks all  DF
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 01/25/2001
03:19 PM ---------------------------

William E Brown
01/24/2001 02:31 PM
Sent by: William E Brown
To: Philip Crowley/ET&S/Enron@ENRON, Dari Dornan/ET&S/Enron@ENRON, Dorothy
McCoppin/FGT/Enron@ENRON, Maria Pavlou/ET&S/Enron, Colleen
Raker/ET&S/Enron@ENRON, Louis Soldano/ET&S/Enron@ENRON, Drew
Fossum/ET&S/Enron@ENRON, Frazier King/FGT/Enron@ENRON, David L
Johnson/OTS/Enron@ENRON, Stephen Allen/OTS/Enron@ENRON, William
Kendrick/OTS/Enron@ENRON, Shelley Corman/ET&S/Enron@ENRON, Susan
Scott/ET&S/Enron@ENRON
cc: Michael Moran/ET&S/Enron@ENRON

Subject: ETS Compliance Report and Distribution Memo for the Year Ended
December 31, 2000

Attached for your review and comment is the 1st draft of the above subject
report and the distribution memo for the same.

Please print the report and memo, and mark your changes.  In the event you
are responding for a group, please indicate for whom you are responding.
Regardless of whether or not you have any comments you are asked to return a
hard copy of this report and memo to me  (indicate on the return copy that
you have no comments) in Houston, EB4783, by noon, Friday, February 2, 2001.
A  final draft of the report will be circulated on February 7, 2001, with
your comments due to me by noon, Friday, February 16, 2001.

Please note that the report is required to be filed with the Enron Corp.,
Compliance Director and the BOD of Enron Operations Services Corp., by March
31, 2001.  Your assistance in timely filing the report is greatly
appreciated.  You may contact me at (713) 345-7023, with any questions you
may have on this matter.

Bill Brown


This is to advise you that we will NOT have ETS Monday morning staff meetings
on December 18 or December 25.

Please make note that the next ETS Staff Meeting will be held on Tuesday,
January 2, 2001 at 9:30AM in 49C2.   And then on January 8, we'll resume our
regular schedule of having our staff meetings on Monday mornings at 9:15AM.

Regards and Happy Holidays,
Cindy
X36197


Taffy:
Could you also set up a meeting with the lawyers and legal assistants in our
group for about 1 hour on Monday to discuss our legal assistant candidates?
Thanks.
Carol


thanks gal  sp

   Kate Symes                01/11/2001 01:06 PM

To: Stephanie Piwetz/HOU/ECT@ECT
cc:
Subject: Re: Powerez Deal from 1/8/01

Matt doesn't have any trade like this for 1/8. I spoke with Judy at EES, and
she's going to have Jubran call Matt to duke it out over whether or not this
is a good trade. I'll let you know what those guys decide.

Thanks,
Kate

Stephanie Piwetz   01/11/2001 11:07 AM

To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Re: Powerez Deal from 1/8/01

Mid Columbia.

   Kate Symes                01/11/2001 12:47 PM

To: Stephanie Piwetz/HOU/ECT@ECT
cc:
Subject: Re: Powerez Deal from 1/8/01

What's the delivery point on those deals?

Stephanie Piwetz   01/11/2001 10:48 AM

To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Powerez Deal from 1/8/01

Kate,
Pwx called this mroning to verbal a deal that  was sleeved with EES.  I do
not see it in system, although I see the deal on EES spreadsheet that I
receive daily.
the deal is Enron Buys Pwx   Q4 2001 25mws   255.00  done direct  trade date
1/8/01  Matt Motley trader
then Enron Sell EES  Q4 2001  25mws   $255.05

Should this be in the system and if so do you have deal numbers on the
above.  I believe we sleeved the deal for EES and Pwx.
Contact at EES, Judy (backoffice 7138535490)  Jubran Whalen is EES trader.

Thanks


Sara:

In answer to your question, Harvard makes and expects to get the
representation from its counterparts that they are financial institutions
under FDICIA because of the additional argument  we think it offers a
non-defaulting counterparty for netting and setting off obligations. The
regulation says that a party may rely on the representation of its
counterparty in determining whether or not FDICIA applies, giving it the
rights created by FDICIA to net and set off the obligations created under
the swap contract.

Harvard makes the rep, and it seems that Enron should be able to because

we "engage in financial contracts as a counterparty on both sides of one or
more financial markets" and we believe we meet one (or both but only one is
required to make the rep) of the following financial tests

 1. had contracts with a total gross dollar value of at least
$1billion in notional principal with counterparties that are not its
affilitates and
 2.  had total gross mark-to-market positions of at least $100
million in one or more financial contracts with counterparties that are not
its affiliates.

This rep has been made for some time in all relevant trade documentation and
is therefore a matter which is well known by senior management.I hope that
this addresses your concerns in this regard. Please do not hestitate to call
if you should have further questions.

The relevant regulation is found in Title 12 of the Code of Federal
REgulations Chapter II Federal Reserve System Subchapter A Board of
Governors of the Fed... Part 231 Netting Eligibility for Financial
Institutions Regulation EE.

Thanks

Kim Noble


Brent,

I'm sure there would be no problem with you copying our Master Swap Agreement
database and using it for your contract applications.  It is my hope to use
it for all the ECT trading groups, the Power group has already copies it, I
spoke to London about copying it for their other trading groups, and I have
shown it to other groups, from Global Contracts to EES.  All you would need
to do is change the contract drop downs.  Contact Mike Neves, who is working
on this database for us, and either he, or someone else can be assigned to
developing a similar system for you.


We are in the process of redesigning our application of the fundamentals in our  sales/coverage programs.  We are moving to a much more formal process and your needs dovetail nicely with ours.  We will want to make sure that we are utilizing the best available information in our sales programs so I look forward to working with you on this in a close manner.  We will try to get you what you need and make it a priority.

Mark

	Jay Reitmeyer/ENRON@enronXgate 08/23/2001 07:12 AM 	   To: Paul T Lucci/NA/Enron@Enron, Theresa Staab/Corp/Enron@ENRON, Tyrell Harrison/NA/Enron@Enron  cc: Mark Whitt/NA/Enron@Enron  Subject: Rockies Fundamentals

If you are unaware of this, I have put placed in charge of the fundamentals for the Northwest, Rockies, and Southwest on the desk.  Matt and Steve are currently working on the Northwest and Monique is working on the Southwest.

I am in desperate need of some help on the Rockies as this is the largest fundamental task we have to present in the West, including California in my opinion.  I want to make a full presentation to the group next Wednesday of the complete Rockies picture.  I have already done a lot of work on this, but I am in need of additional information and help.

Paul...we have already talked about load.  I need to know by Monday whether or not we can get numbers from PSCO.  If so, I need them on Monday.  If we can't, I understand the problems with that and I will go forward with what I have.

Tyrell...you seem to have the best handle on production numbers in the Rockies.  Could you please update your production numbers out through the winter.  If you can get your hands on any historical production data showing trends that would be great.  I was thinking that maybe we could ask some of the producers we have done deals with to  give us their production history back to last September or October.  Also, if you have any good information on decline curves (especially the difference between CBM in Powder and the deeper wells in other areas) I would love to include that.

Theresa...can you talk to Trailblazer, CIG, WIC and get the latest on any significant capacity increases (including quantities and schedules) through the middle of next year.  The major thing is the Trailblazer expansion...are they on time...what is the timing...what is the exact volume coming online...etc.  Also, if they know of any major maintenance issues over the next several months I would like to know them.

I know I am asking for quite a bit in a short period of time, but you can also see that there is no way that I can do all this myself plus everything else I am trying to work on.  Please let me know if you have any questions or concerns.  I would like to have all this information to me by midday Tuesday at the latest.  Call me with any questions or comments.

Thank you,

Jay


---------------------- Forwarded by Errol McLaughlin/Corp/Enron on 09/21/2000
09:43 AM ---------------------------

Jackson Logan@ECT
09/21/2000 09:25 AM
To: Errol McLaughlin/Corp/Enron@ENRON
cc:

Subject: Inside UT Football: September 21, 2000

---------------------- Forwarded by Jackson Logan/HOU/ECT on 09/21/2000 09:25
AM ---------------------------

	Enron North America Corp.

	From:  Eric Bass                           09/21/2000 08:17 AM

To: Luis Mena/NA/Enron@Enron, mballases@hotmail.com, Ami
Chokshi/Corp/Enron@ENRON, Denver Plachy/NA/Enron@Enron, Victor
Guggenheim/HOU/ECT@ECT, Jackson Logan/HOU/ECT@ECT, Darron C Giron/HOU/ECT@ECT
cc:
Subject: Inside UT Football: September 21, 2000

---------------------- Forwarded by Eric Bass/HOU/ECT on 09/21/2000 08:15 AM
---------------------------

"Inside UT Football"
<InsideUTFootball@dallasnews.com>@newsletters.dallasnews.com on 09/21/2000
12:15:00 AM
Please respond to "Inside UT Football" <InsideUTFootball@dallasnews.com>
Sent by: newsletters@newsletters.dallasnews.com
To: "Inside UT Football Subscribers"
<InsideUTFootball@newsletters.dallasnews.com>
cc:
Subject: Inside UT Football: September 21, 2000

  [IMAGE]  	  [IMAGE]

	[IMAGE]

	Back to reality

	Sept. 21, 2000

	[IMAGE]Chip Brown, The Dallas Morning News' Texas writer, answers your
questions about what went wrong against Stanford, Coach Mack Brown's response
to the loss, the continuing quarterback controversy, UT players in the NFL
and more. Inside UT Football appears every Thursday.

	E-mail questions to Chip: chipbrown@dallasnews.com

	Listen to Chip Brown talk about the Longhorns on
	dallasnews.com's Colleges site

	CHIP SHOTS

	Every year since 1983, Texas has lost or tied a game in its first four games
of the season. That means UT has had a blemish on its record each of the past
17 years - usually before Texas-OU weekend.

	 Orangebloods spend winter, spring and summer discussing the impact of new
recruits, the prowess of future opponents and the talents of its returning
starters. They spend money on season tickets, airplane tickets and alumni
luncheon tickets. They dream big dreams, and then by October, the high hopes
have usually come crashing down.

	 Only three times since 1983 has Texas opened the season 3-0: 1984, 1985 and
1994. Those starts were then immediately followed by either a tie (1984) or
losses (1985 and 1994). In each of those seasons, Texas ended up with four
losses.

	 In UT's two best seasons since 1983, a 10-2 campaign in 1990 and a 10-2-1
run in 1995, the Longhorns lost their second and third games of the season,
respectively. Before Texas can dream about winning a national title, the
Longhorns have to show they can make it into October without a loss.

	Longhorn Q & A
	 Q: Judging from the Stanford game (as well as the last three games of last
season) it looks like the trend of blitzing the Horns will continue. There is
also no respect for our running game from any team that we face. I think the
best way to end this strategy against us is to become the aggressor on
offense and not sit back passively and react to what the defense is giving
us.

	In order for us to achieve this, I think it starts with us putting our best
athletes on the field on offense. These guys may not be the most experienced
players, but they will gain experience with playing time, and they have the
ability to make a team pay for selling out with the blitz. It's time to start
Roy Williams and B.J. Johnson at receiver (along with Montrell Flowers) and
play a one-back offensive set. Our fullbacks are not a threat offensively and
Hodges Mitchell is not an I-back who is adept at following the fullback
through the hole. Hodges' strength is operating in space and making people
miss in the open field.

	I also think Chris Simms needs to get the bulk of the minutes at quarterback.
Major Applewhite has all the intangibles in the world but Simms could (and
probably does) possess all of the same skills. He just hasn't had the chance
to display them. We desperately need to have all playmakers on the field if
we are going to turn this thing around. If not, I could see this season
slipping to 7-4 real quick. What are your thoughts, Chip?
	 ?? The Jackson residence

	 BROWN:  With any unexpected loss, the tendency is to throw everyone out -
change coaches, players, even the bus driver. You do that and you are telling
this team that you have absolutely no confidence in them. There can't be too
much change at any one time. The big question is how the team responds to
this Stanford loss emotionally. Something tells me if Texas can find some
resolve and perform really well, you'll see some solid performances at all
the positions where problems currently exist. In 1996, Texas was No. 6 and
Notre Dame was No. 9. Texas had the game won in Austin and then lost. UT then
lost three of its next four, which included games against Oklahoma State,
Oklahoma and Colorado - all teams Texas is about to face after this week's
opponent, Houston.

	That was a different coach and different players. But the common thread was
that Texas hit the top 10 and then choked. If Texas is hung over from its
loss to Stanford, trouble could be on the horizon. If Texas can find resolve
to show everyone that Stanford truly was a game in which everything that
could go wrong did, then I think the Longhorns will bounce back and be a hard
team to beat the rest of the way. Tuesday night Mack Brown said the Longhorns
are not a very good football team right now. The challenge has been made to
his team. If they come out and stink against Houston, every position will be
scrutinized, every coach, even the bus driver. There will be enough fire
being thrown in Austin to serve up grilled fajitas for the entire state. But
changes will have to be made constructively and gradually.
	?

	[IMAGE]
	Chris Simms

	Q: What's going on with the quarterbacks?
	?? Mitch Golding

	 BROWN:  As the QBs turn. This week, it appears Chris Simms will start
because he was practicing with the first team on Tuesday. That has been the
trend. Whoever practices with the first team gets the start. Anyway, we'll
see how they respond after the Stanford game. Major Applewhite was erratic in
his play, despite almost leading the Longhorns back from the dead to a
miraculous victory. I'm sticking to my theory that the coaches want to see
what Simms can do against Houston before picking one or the other

	to get solo duty in the Oklahoma and Colorado games.

	Granted, if one struggles along the way, the other will come in. But Mack
Brown said they primarily went with Applewhite against Stanford because of
his experience and the fact that it was the team's first game on the road. He
said they still have all the faith in the world in Simms. It would seem to me
that it takes away the incentive to really take control of the offense, light
it up and get on a roll when you are alternating, but I'll continue to watch
like everyone else.

	I keep trying to remind myself that Brown did this twice at North Carolina
with success. Of course, with those QBs (Oscar Davenport and Chris Keldorf),
Brown had different styles and gained an advantage by forcing the defense to
prepare for Davenport's scrambling and Keldorf's passing. With Simms and
Applewhite you pretty much get the same style. With Keldorf and Davenport,
you also had injuries dictate a few starts.
	?

	 Q: Can you tell us what influenced Mack Brown's decision regarding the
quarterbacks against Stanford?
	?? Nels Marshall

	 BROWN:  Here are Brown's exact words: "Experience. We were in a tight
football game and Major (Applewhite) has been around a long time. I was proud
- even with as poorly as we played offensively in the third quarter - that we
didn't panic. I thought that in the fourth quarter the kids did a great job
of coming back and giving us a chance to win. Sometimes youth doesn't look
like it is trying because they're nervous. Instead, they are trying too hard
and get uptight. Our team tried hard. As negative as people make Saturday
night, it is one of those things that you have to grow from."
	?

	 Q: I'm glad we have two great QBs. My question is, are the receivers having
any problem adjusting to the different spin on the balls coming from a
left-handed or right-handed QB?
	?? Dave Stastny, Austin

	 BROWN:  The receivers say the varying spins are not a factor when catching
the ball. They do, however, say that Chris Simms' ball will come a little
faster and a little harder than Major Applewhite's.
	?

	 Q: The Longhorns are obviously going to play a lot of freshmen this year.
What are the rules on redshirting a player after the season starts? I know
that a player can apply for a redshirt for medical reasons, but can they also
apply for more eligibility or take a redshirt after playing a small amount of
time?
	?? Chad Graham

	 BROWN:  No. Once a freshman plays in a game, even for one play and he does
not suffer a season-ending injury, the chance for a redshirt is out the
window.
	?

	[IMAGE]
	Jermain Anderson

	Q: Have the coaches given any consideration to moving Jermain Anderson back
to linebacker? If I remember correctly, he played LB in high school at Texas
City. He seems to still have good speed, but also a problem putting on the
necessary weight to play defensive end. It just seems like he might be better
suited for the outside linebacker rotation, especially considering the
progress made by young defensive ends like Kalen Thornton, Cole Pittman and
Adam Doiron.
	 ?? Micah Hurt

	 BROWN:  Coaches don't think Anderson has the speed to play linebacker. They
are pleased with the depth at linebacker, as well. They like Anderson's
instincts as a pass rusher. They are still working on his ability to stop the
run.
	?

	 Q: My husband wanted me to write and request that you put the Longhorn
football schedule in your letter each week. My husband, Mark, is a diehard
Texan who was transferred to Oklahoma in 1972. Through thick and thin, he has
remained a loyal Longhorn fan and taken a lot of harassment from the Sooner
fans. Of course, he does his fair share (and probably more) of bragging about
the Longhorns.
	?? Barbara and Mark Harper

	 BROWN:  As far as the schedule, UT's remaining games are:

	Sept. 23 (home) vs. Houston at 6 p.m. on Fox
	Sept. 30 (home) vs. Oklahoma State at 11 a.m. on ABC
	Oct. 7 (in Dallas) vs. Oklahoma, TBA
	Oct. 14 at Colorado, TBA
	Oct. 21 (home) vs. Missouri, TBA
	Oct. 28 (home) vs. Baylor, TBA
	Nov. 4 at Texas Tech, TBA
	Nov. 11 at Kansas, TBA
	Nov. 24 (home) vs. Texas A?at 2:30 p.m. on ABC
	Since you all have access to the Internet, log onto UT's sports Web site
(texassports.com) and learn what radio stations broadcast the game in your
area. And you can read The Dallas Morning News online every day at
dallasnews.com.
	?

	 Q: This may take some research but I was wondering if you could tell me the
number of UT players in the NFL and the status of some recent grads (i.e.
how's Cedric Woodard, Aaron Humphrey, Kwame Cavil). Thanks.

	 BROWN:  The Big 12 office just released a list of former Texas players in
the NFL. However, it includes some players who have been released. For
example, Aaron Humphrey was released after a free-agent tryout with Tampa
Bay. Chris Smith was released after a free-agent tryout with Washington and
Dallas. Jay Humphrey also was released after one year with the Minnesota
Vikings. Kwame Cavil made the Buffalo Bills after going undrafted. Anyway,
here is the list as provided by the Big 12:

	TEXAS (21)
	Ben Adams, OL, Miami
	Taje Allen, DB, St. Louis
	Tony Brackens, DE, Jacksonville
	Blake Brockermeyer, OG, Chicago
	Ricky Brown, RB, Cincinnati
	Chris Carter, DB, New England
	Kwame Cavil, WR, Buffalo
	Phil Dawson, KS, Cleveland
	Shane Dronett, DL, Atlanta
	Priest Holmes, RB, Baltimore
	Aaron Humphrey, DE, Tampa Bay
	Jay Humphrey, OL, Minnesota
	Derek Lewis, TE, St. Louis
	Wane McGarity, WR, Dallas
	Eric Metcalf, WR, Carolina
	Dan Neil, OL, Denver
	Roger Roesler, OL, Cincinnati
	Chris Smith, TE, Dallas
	Winfred Tubbs, LB, San Francisco
	Bryant Westbrook, DB, Detroit
	Ricky Williams, RB, New Orleans
	Cedric Woodard, DL, Baltimore
	?

	[IMAGE]
	Hodges Mitchell

	Q: Don't know whether you can address any or all of these questions in your
column, but I've seen some unflattering trends in Mack Brown's program and
wanted your feedback. Mack Brown is a great recruiter, no argument there.
However, can he motivate? It seems like he can't get the team "up" sometimes
and can't adjust the team's mood during a game.

	About offensive coordinator Greg Davis, I don't know who is responsible for
the offensive line but since it is an offensive group, in more ways than one,
I put it under him. With guys the size that UT has, shouldn't even Hodges
Mitchell be able to run? Who tagged Leonard Davis as a pro? Why does Davis
love Mitchell? Sure, he gained 1,300-plus yards last year, but how many of
those yards were "move

	 the chains" type of runs that allowed UT to hold the ball on the ground and
protect a lead? I thought it was going to be running back by committee but
all we have seen is the coaches continuing the same mistake - abandoning the
run and using the wrong back for the wrong situations.

	Mitchell can run to the outside, but he cannot run through the defensive
tackles. And even if he does get holes, he still will never break through the
linebackers for a TD. Why not put Ivan Williams or Kenny Hayter back there
with Mitchell and go with a two-back, three-wide offense? You don't lose a
receiver as Hodges is a nice, smart receiver.

	Other ramblings: Is Quentin Jammer really a corner? He got beat MANY time
against Stanford. I loved his hitting when he played safety but his injury
may have forever changed his game if he can't play safety and can't keep up
with opponent's wideouts.

	How is the defensive end position shaping up? The defensive tackles were all
over the field against Stanford, but the DEs didn't make much noise. What is
up with the blocked punts? UT should be really, really embarrassed. Does
Stockton take too long? Is he too close to the line? Can the line block? Can
anyone at UT block?

	Does Brown ride the officials who are missing holding calls? Several times
the camera caught clear holds by Stanford's line. Why on earth would you run
up the middle, on your own goal line against two of the best DTs you'll play
against?
	?? Andrew Bowen

	 BROWN:  I think your feelings are shared by many Texas fans who are
incredibly pained, shocked, disappointed, angered and hurt by last Saturday's
events. But in talking to Mack Brown on Tuesday, he said it's fair to beat
the team up for not being able to run the ball. But he said to jump on any
other part of the team is to rip young, inexperienced kids who are still
learning what it takes to compete as a top-ranked team.

	To be fair to Brown, he did say repeatedly that his team was overrated and
needed time to grow into some key positions - receiver, defensive end,
fullback and some positions on the offensive line and at corner. It probably
isn't fair to question whether Mack Brown can motivate because his teams did
beat Nebraska twice, Oklahoma twice and Texas A?once. If a trend develops,
and Texas falls apart the rest of the season, there will be a fair question
about whether Brown did a good enough job of keeping his team's head screwed
on straight. But it's typical after losses to want to shred every part of the
team.

	Brown said before the season that as soon as something went wrong, the
quarterback situation would be blamed. And he was right. The QBs are still
working hard, and look for Simms to start this week against Houston. There's
no question that the O-line is struggling, but so are the backs and so are
the receivers. Brown said only two of the five sacks were the fault of the
line. He said the other three were caused by miscommunication between
Applewhite and the receivers, causing Applewhite to hold the ball too long.

	Mitchell was standing too deep in the backfield against Stanford, so it was
taking him too long to get to the holes. The coaches were not happy about
that. They were yelling at him to move up. He should only be 6 1/2 yards
deep. But he was sometimes at 9 yards. Mitchell also struggled with some
blitz pickup, which is uncharacteristic of him. So look for Victor Ike,
Hayter and possibly Williams to get a little time against Houston.

	Coaches are still high on Jammer. Again, he hasn't played corner much in
games after moving from safety. But coaches are not thinking of moving him.
The defensive end position is a big concern with defensive coordinator Carl
Reese. He is willing to rifle through his whole pile until he finds a couple
who can really play. Cory Redding was better than usual against Stanford. But
that position still needs a lot of work. The blocked punt occurred because
one player, who blocked perfectly on 11 other punts Saturday night, failed to
block a player coming right up the middle, which guarantees doom. That player
has been chewed out every which way.

	As far as the penalties, there were several questionable calls. But Brown,
who did a lot of yelling at officials during the Stanford game, couldn't say
anything about it after the game because he would be fined. Texas can still
have a good season, and perhaps having these problem areas pointed out so
early will help in that direction. We'll see if Texas takes this loss
constructively or destructively.
	?

	 Q: Last year at times I saw blazing speed and ability from Cory Redding. I
know he was considered by many to be the best high school defensive player in
the country in 1998. I've waited all off-season to see him explode against
teams this year. I haven't seen it yet. Maybe this week against Stanford. My
question is, why was he moved from his high school position of linebacker
where he was dominant into the defensive end role where he seems undersized
and average? Is Texas that low on defensive line talent? It seems our
recruiting has been great. Please help me understand. Hook 'em Horns!
	?? Ernie McAnally

	 BROWN:  Redding told me recently that linebacker is still his first love.
But he said coaches came to him last year and said he could get on the field
right away as a defensive end. Coaches also feel that his body (6-5, 260) is
perfect for the DE position. He's tall, athletic, fast and has long arms. In
time, coaches feel Redding will develop into an All-America player. But there
is no question that he has struggled against the run. He made some big plays
against Stanford, recording six tackles, three of them for losses and
blocking an extra point attempt. He is just a sophomore. Over this season and
the next two years, he should only get better.
	?

	 Q: I was watching the regional telecast of the TCU game today and the
announcers  stated that TCU had anted up $90,000 for the Heisman campaign for
LaDainian Tomlinson. How much did UT spend on its campaign for Ricky
Williams' run for the Heisman?

	 BROWN:  Texas didn't spend that much money at all. They produced a few
postcards, a video and a CD-ROM screen saver to send out to the national
media detailing Ricky's accomplishments. But those costs totaled less than
$10,000, according to UT officials.
	?

	 Q: Did any of the freshman who did not play in the Louisiana-Lafayette game
play in the Stanford game? I am watching to see which ones might be
redshirts.
	?? Mike Smith, Houston

	 BROWN:  According to the participation chart provided at the Stanford-Texas
game, Austin Sendlein was the only freshman to play against the Cardinal who
did not play against Louisiana-Lafayette. In addition to Sendlein, here are
the other freshmen who have played so far: WRs Roy Williams, B.J. Johnson and
Sloan Thomas; TE Brock Edwards; DE Kalen Thornton; CB Nathan Vasher; FS
Phillip Geiggar; and DT Stevie Lee.
	?

	 Q: Is it true that in Mack Brown's four or five head coaching stops, his
teams have yet to win a single conference championship? Since UT has lost
four out of its last five games, wouldn't a loss to Houston this week
officially end Mack Brown's honeymoon with the alumni, notwithstanding his
abundant PR program? With Brown about to land his third national Top 5
recruiting class, I believe fans are going to expect more gridiron victories
to go with those recruiting victories.
	?? T. Hough

	 BROWN:  It's true that Brown has yet to win a conference championship in
stints at Appalachian State, Tulane, North Carolina and now Texas. At
Appalachian State, Tulane and UNC, he was taking over absolutely dead
programs. He took Tulane to a bowl, and he had Florida State to deal with in
the Atlantic Coast Conference while at UNC. But he took UNC to six bowl games
in his 10 years at UNC and won four of them.

	A loss to Houston would certainly intensify the frustration of Texas
faithful. But I think anyone who would be looking to put Brown on the hot
seat or rip him if Texas lost to Houston would be overlooking the job he has
done beating Nebraska (twice), Oklahoma (twice) and Texas A?(once) in his
first two seasons here. He has also turned Texas back into a destination
school for top recruits and brought the UT community back together. In
addition to all that, he has done more good for UT out of the limelight than
probably most Texas fans realize.

	Brown is now in the same spotlight as Bobby Bowden, John Cooper, Lloyd Carr,
Steve Spurrier and Phil Fulmer. Any unexpected losses are unforgivable in the
eyes of fans. It may take some time for Brown and his team to adjust to that.
UNC fans were pretty ho-hum about everything the Tar Heels did in football,
even when they won big. Brown wanted to win at a school with huge
expectations. He'll have to adjust now that it appears Texas will be starting
out the next few seasons in the Top 10.
	?

	 Q: Is Lee Jackson out for the Houston game?
	?? Marty Bonner

	 BROWN:  Jackson is out for the Houston game with a hamstring pull suffered
against Stanford. He may also miss the Oklahoma State game. Mack Brown said
this is a bad week to be without Jackson because Houston can throw the ball
really well.
	?

	 Q: Is Ricky Williams' jersey being retired at the Oklahoma State game Sept.
30?
	?? Mark Wilson

	 BROWN:  Yes. Williams' No. 34 will be retired at that game. Williams has
said he will be there because the New Orleans Saints are off that weekend.
Host Communications has also just finished a video biography on Williams that
will be available soon.
	?

	 Q: What did Mack Brown say about the expectations surrounding his team after
the loss to Stanford?
	?? Virginia Blair

	 BROWN:  Again, here are Mack's words: "I said during the pre-season that we
were overrated. I didn't see any reason with the youth, the way we finished
last year and the inexperience across the board that we should have been a
Top 5 football team. One of the great things about Texas is that you receive
a tremendous amount of attention and publicity, but in some cases people want
to push you too fast to get to the top. I think that we were in that position
and expectations got out of hand. I knew that we would have a difficult game
at Stanford and that it would be a tough game to win. I also didn't think
that we deserved to be ranked fifth in the country. Our current rank within
the Top 15 is much more fitting for where we are today."

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	Questions?    Comments?  Suggestions?

	   (c) Copyright 2000 The Dallas Morning News
		[IMAGE]

			  [IMAGE]
			  [IMAGE]
			  [IMAGE]


See attached.

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


Sara  I   have  informed  BP  Amoco.  I  spoke  to  Bill ,  a  VP  who
informed  that  the  telephone  number  that  the
   person  that  called  me  is  not  a  BP  Amoco  line,  however  the  fax
number  is  a  one  that  is  in their  trading  room.
   I  was  also  told  that  Michelle Reasor  is  the  trader  and  would
have  been  the  one  making  any  inquiry  requests
   of  us.  He  investigating.  He  highly  complemented  us  on  our
security  measures.  Thanks,  Willie


Hey, you guys having fun yet?  Did you watch the game last night?  The Yankees are awesome--Eldon's been submitted to the loony bin.

Best,
Jeff


THANK YOU MATT!  I LOVE THE CARD AND HAD LOTS OF FUN WITH IT!
Grandma


Why didn't we have the following language in the tax payment section:
;
.; "In no event shall Payments in Lieu of Taxes include, apply to, or be
required to be made for Real Property Assets and/or Tangible Personal
Property exempt under Florida Statutes in existence as of the Effective Date
or any date prior to commencement of operations of the proposed Facility, as
such statutes may be amended from time to time."
;
Somehow this was missed because we didn't follow the Pompano form closely
enough...;
-----Original Message-----
From: Krimsky, Steven
Sent: Thursday, June 07, 2001 11:21 AM
To: Jacoby, Ben; Mann, Kay
Subject: FW: Deerfield Beach Energy Center

This is the City's red-line against our draft.
;
I will call to discuss.
;
Steve

-----Original Message-----
From: Andy Maurodis <attorney03@deerfieldbch.com>@ENRON
Sent: Thu 6/7/2001 10:31 AM
To: 'orshefskyd@gtlaw.com'
Cc: Krimsky, Steven; Jacoby, Ben
Subject: Deerfield Beach Energy Center

attached is revised agreement (staff presently reviewing).

Please acknowledge receipt.

Andy Maurodis

;<<73PB05! (1).DOC>>

;- 73PB05! (1).DOC <<73PB05! (1).DOC>>


If you look at the attached list we are due to make a lot of these dates in
the next two weeks.  The biggest problem in Europe is probably that Edmund is
obviously out of the office and there are no dates even for his.

These delays are causing chicken and egg problems with the metals customers.
We can't mail if there are no pas etc.  The big metals roll-out is in London
first week in October so we do need them by then,

If there are re-prioritisation issues please contact Bruce Garner who needs
them for that week.

Please let me know.

Thanks

Louise

Leonardo Pacheco@ENRON
15/09/2000 11:46
To: Louise Kitchen/HOU/ECT@ECT, David Forster/Corp/Enron@Enron, Bob
Shults/HOU/ECT@ECT
cc: Savita Puthigai/NA/Enron@Enron, Carlos Alatorre/NA/Enron@Enron, Naveed
Ahmed/NA/Enron@Enron, Justin Rostant/HOU/ECT@ECT, Julie Ferrara/HOU/ECT@ECT,
Amita Gosalia/LON/ECT@ECT, Dale Neuner/HOU/ECT@ECT

Subject: EnronOnline New Markets/Products Weekly Update 9/8/00

Attached please find the latest version  of the New Markets/Products Report.
The report is updated every week.

Let me know if you have any questions

Thank you!

Leonardo Pacheco


The Letter of Credit Seminar held recently on May 23, 2001 has been approved by the State Bar of Texas for 1 participatory hour CLE credit (Course No. 000020138).  If you need an attendance form, please let me know.  Thanks, Deb

Deb Korkmas
EWS Legal Dept.
1400 Smith Street, Room 3834A
Houston, TX  77002
Phone:  713-853-5448
Fax:  713-646-3393

	Julia Murray@ENRON Sent by: Carolyn George@ENRON 05/15/2001 03:59 PM 	   To: Alan Aronowitz/HOU/ECT@ECT, Sandi M Braband/HOU/ECT@ECT, Teresa G Bushman/HOU/ECT@ECT, Michelle Cash/HOU/ECT@ECT, Barton Clark/HOU/ECT@ECT, Harry M Collins/HOU/ECT@ECT, Peter del Vecchio/HOU/ECT@ECT, Stacy E Dickson/HOU/ECT@ECT, Shawna Flynn/HOU/ECT@ECT, Barbara N Gray/HOU/ECT@ECT, Wayne Gresham/HOU/ECT@ECT, Mark E Haedicke/HOU/ECT@ECT, Leslie Hansen/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, Dan J Hyvl/HOU/ECT@ECT, Anne C Koehler/HOU/ECT@ECT, Dan Lyons/HOU/ECT@ECT, Kay Mann/Corp/Enron@Enron, Travis McCullough/HOU/ECT@ECT, Lisa Mellencamp/HOU/ECT@ECT, Janet H Moore/HOU/ECT@ECT, Julia Murray/HOU/ECT@ECT, Gerald Nemec/HOU/ECT@ECT, David Portz/HOU/ECT@ECT, Michael A Robison/HOU/ECT@ECT, Elizabeth Sager/HOU/ECT@ECT, Richard B Sanders/HOU/ECT@ECT, Lance Schuler-Legal/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, Carol St Clair/HOU/ECT@ECT, Lou Stoler/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Sheila Tweed/HOU/ECT@ECT, Steve Van Hooser/HOU/ECT@ECT, John Viverito/Corp/Enron@Enron, Ann Elizabeth White/HOU/ECT@ECT, Donna Lowry/Enron@EnronXGate, Susan Bailey/HOU/ECT@ECT, Kimberlee A Bennick/HOU/ECT@ECT, Genia FitzGerald/HOU/ECT@ECT, Nony Flores/HOU/ECT@ECT, Linda R Guinn/HOU/ECT@ECT, Ed B Hearn III/HOU/ECT@ECT, Mary J Heinitz/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Deb Korkmas/HOU/ECT@ECT, Laurie Mayer/HOU/ECT@ECT, Matt Maxwell/Corp/Enron@ENRON, Mary Ogden/HOU/ECT@ECT, Debra Perlingiere/HOU/ECT@ECT, Robert Walker/HOU/ECT@ECT, Kay Young/HOU/ECT@ECT, Merrill W Haas/HOU/ECT@ECT, Mark Greenberg/NA/Enron@ENRON, Robert Bruce/NA/Enron@Enron, Samantha Boyd/NA/Enron@Enron, Mary Cook/HOU/ECT@ECT, Angela Davis/NA/Enron@Enron, Stephanie Panus/NA/Enron@Enron, Marcus Nettelton/NA/Enron@ENRON, Brent Hendry/NA/Enron@Enron, Michelle Blaine/ENRON@enronXgate, Gail Brownfeld/ENRON@enronXgate, Dominic Carolan/Enron@EnronXGate, Eddy Daniels/NA/Enron@Enron, Andrew Edison/NA/Enron@Enron, Roseann Engeldorf/Enron@EnronXGate, Robert H George/NA/Enron@Enron, Cheryl Nelson/NA/Enron@Enron, Cheryl Lindeman/ENRON@enronXgate, Carlos Sole/NA/Enron@Enron, Randy Young/NA/Enron@Enron, Kathleen Carnahan/NA/Enron@Enron, Diane Goode/NA/Enron@Enron, Nancy Corbet/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt, Ned E Crady/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Francisco Pinto Leite/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Coralina Rivera/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Daniel R Rogers/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Frank Sayre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Martha Braddy/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt, Sarah Bruck/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt, William S Bradford/Enron@EnronXGate, Debbie R Brackett/Enron@EnronXGate, Tom Moran/Enron@EnronXGate, Wendi LeBrocq/Enron@EnronXGate, Nidia Mendoza/ENRON@enronXgate, Veronica Espinoza/Enron@EnronXGate, Ken Curry/Enron@EnronXGate, Carol North/Enron@EnronXGate, Aparna Rajaram/Enron@EnronXGate  cc:   Subject: Letter of Credit Seminar - May 23, 2001

	Please mark your calendars.  Emory Ireland and Martin Weinstein of Foley & Lardner will be conducting a presentation regarding the nuts and bolts of Letters of Credit on Wednesday, May 23, 2001 from 8:45 a.m. to 10:00 a.m. in EB5C2.  Please RSVP to Carolyn George at ext. 33439 or carolyn.george@enron.com if you plan to attend.

Thank you,

Julia Heintz Murray
Enron Wholesale Services
Enron Industrial Markets LLC
1400 Smith Street, EB3838
Houston, TX  77002
(713) 853-4794
Fax:  (713) 646-3393
julia.murray@enron.com


Stacey,

As per our conversation today, enclosed please find a list of  topics we would
like to discuss for our Power Trading Audit:

1.   Understand Nature of Portfolio
?    Nature of portfolio, risk factors, correlation between curves,
calculation
of correlation factors, off-peak trading, liquidity of portfolio, etc.

2.   Understand Performance Metrics
?    Performance metrics utilized for traders, benchmarking trader
performance,
results of inadequate performance, bonus determination process.

3.   Organizational Structure

4.   Overall Market/ Newly Traded Markets
?    Traders? assessment of the overall market, including most active regions,
liquidity of peak versus off-peak positions, new markets, etc.
?    Extent of autonomy of the traders with implementing trading strategy
(i.e.,
whether traders can implement own trading strategies).
?    Reports that are available regarding the number of trades executed on a
monthly or quarterly basis.
?    Changes in management reporting process from prior year (i.e., book
administrator rolls, Schedule B & C, etc.).
?    Extent of use of ExPower (if still utilized).
?    Extent of exotic deals valued outside of EnPower and the related controls
surrounding deal capture, valuation, management reporting, and financial
reporting.
?    Limits placed on trader activity (including position limits, VAR limits,
etc.) by the commodity group and the monitoring of those limits, if
applicable.

5.   Ancillary Services
?    Type of ancillary services provided to customers and the extent of
ancillary service trading.  Discuss what governmental regulations or ISO
regulations exist   for ancillary services (i.e., specified rates, market
caps,
etc.), and the impact on the curve.  Understand why the curve typically does
not
change for ancillary     services.

6.   Monitoring of Long-Term Deals
?    Long-term deals monitoring by risk management, and reports provided to
management regarding the status of long-term deals.
?    Status of NSTAR and other significant long-term deals of which we have
reviewed for proper booking.

7.        Monitoring of Requirements Basis Deals (UI, NSTAR, etc.)
?    Monitoring requirements of basis deals with risk management and document.
?    Nature of changes made, and the reasonableness of the current booking of
the deal compared to current available information.

Please let us know at your earliest convenience if you are the right person to
talk about these topics. If not,  please direct us to the correct
individual(s).

Thank you for all your help.

Tatiana

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Notice No. 01-158
May 9, 2001

TO:
ALL COMEX DIVISION MEMBERS AND MEMBER FIRMS
ALL COMEX DIVISION CLEARING FIRMS
ALL COMEX DIVISION OPERATIONS MANAGERS

FROM:
Neal Wolkoff
Executive Vice President

SUBJECT:
MARGIN RATE CHANGE FOR EUROTOP 100 AND 300 FUTURES CONTRACTS

Effective Date:  Thursday, May 10, 2001 (close of business)
Futures Contract: FTSE Eurotop 100 and 300 Futures
Contract Months: All Months
Rate Change:

COMEX Division Margins on FTSE Eurotop 100 Futures Contracts
Clearing Member (Maintenance Margin):
Old:  $8,000  New:  $9,500

Non-Member Customer (Initial Margin):
Old:  $8,000  New:  $9,500

COMEX Division Margins on FTSE Eurotop 300 Futures Contracts
Clearing Member (Maintenance Margin):
Old:  $6,500  New:  $7,500

Non-Member Customer (Initial Margin):
Old:  $6,500  New:  $7,500

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 COMEX FTSE
Eurotop 100 and 300 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=sara.shackleton@enron.com&
refdoc=(01-158)"

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.


Again...you've got the wrong Susan Scott.  You might try sscott3@enron.com...that's the address I use to forward things to her and it seems to be working.

Thanks

 -----Original Message-----
From: 	Nicolay, Christi
Sent:	Monday, April 30, 2001 2:20 PM
To:	Lackey, Chris; Calger, Christopher; Belden, Tim; Black, Don; Golden, Jeff; Pana, Marc; Kaufman, Paul; Comnes, Alan; Alvarez, Ray; Mara, Susan; Walton, Steve; Shapiro, Richard; Steffes, James; Hartsoe, Joe; Fulton, Donna; Novosel, Sarah; Brown, Jeff; Tweed, Sheila; Yoder, Christian; Hodge, Jeffrey; Keller, James; Sharp, Vicki; Ozzie Pagan/Enron@EnronXGate; Lawner, Leslie; Werner, Joy; Cordova, Karen; Frank, Robert; Dietrich, Janet; Kingerski, Harry; sscott3@enron.com; Presto, Kevin; Duran, W David; jader@enron.com; Brown, Michael; Bernstein, Mark; Llodra, John; Scheuer, Janelle; Wood, George; Guillaume, David; Gordon, Joe; splauch@enron.com; Stewart, Jennifer N.; Dutta, Tom; Martinez, Posey; Meyn, Jim; Aucoin, Berney; Pearce W Hammond/Enron@EnronXGate; Tripp, Garrett; Thompkins, Jason; Wheeler, Rob; Hamlin, Mason; ozzie.pagan@enron.com; Kroll, Heather; Fairley, David; Mccormick, George; wjennin@enron.com; Wagner, Joseph; Johnston, Elizabeth; Rust, Bill; Rorschach, Reagan; Cross, Edith; Aucoin, Berney; Bagwell, Jennifer; Braddock, Billy; Wang, Steve; ebaughm@enron.com; Clynes, Terri; Dalton III, Oscar; Sewell, Doug; kcompea@enron.com; Kelly, Mike E.; Justice, Gary; Hanse, Patrick; Compean, Karla; Stroup, Kerry; Mangskau, Dave; Brown, Jeff; Ballato, Russell; Baughman, Don; Lorenz, Matt; Choate, Jason; Valdes, Maria; Kinser, John; Makkai, Peter; King, Jeff; Benson, Robert; Sturm, Fletcher; Aucoin, Berney; Morse, Brad; Sager, Elizabeth; Nettelton, Marcus; Gray, Barbara; Mann, Kay; Migden, Janine; McNamara, Ron; Steffes, James; Novosel, Sarah; Dadson, Aleck; Allegretti, Daniel; Fromer, Howard; Hartsoe, Joe; Fulton, Donna; Hoatson, Tom; Montovano, Steve; Ryall, Jean; Chapman, Tom; Migden, Janine; Mangskau, Dave; Staines, Dan; Roan, Michael; Connor, Joe; Stroup, Kerry; Walton, Steve; Alvarez, Ray; Comnes, Alan; Mara, Susan; Twiggs, Thane; Rodriquez, Andy; Will, Lloyd; Scott, Susan; Nicolay, Christi; Montovano, Steve; Robertson, Linda
Subject:	Easier for EPMI/EES to purchase from industrials

Attached is FERC authorization for EPMI and EES to purchase power from industrials NATIONWIDE (effective March 6, 2001--Does not expire).  The industrial does not have to obtain its own power marketer license from FERC (subject to EPMI and EES making certain after the fact quarterlty filings for the industrials).

Specifics:

Owners of generating facilities located at business locations and used primarily for back-up for self-generation (who will be "public utilities" subject to the Federal Power Act only while they sell at wholesale) can sell power at wholesale from such facilities to EPMI and EES without prior notice under section 205 of FPA (would usually require 60 day advance notice filing).
	 -- Waives certain parts of the filing requirements for the industrial; however, the industrial will still be subject to shortened filing requirements for dispositions of facilities and interlocking positions while they are selling at wholesale.
	-- EPMI and EES will make the FERC quarterly filings on behalf of the industrials for any of these purchases.  Our report must show the names of the industrial; aggregate amount of capacity and/or energy purchased from each seller; and the aggregate compensation paid to each seller.  Accounting/commercial folks for EPMI and EES-- please make sure these purchases are flagged in the accounting system, since the report will be separate from our big quarterly reports.
	-- This does not authorize the retail industrial customer to violate any rules or tariffs of its host utility.  This does not authorize an industrial to resell power it purchases (only can sell what it generates); unless otherwise allowed (or not precluded) by its retail tariff.

West Desk:  This is similar to the authorization that FERC gave last week to purchases from industrials in WSCC.

____________________________________
On April 27, FERC issued an order granting EPMI and EES the authority to purchase power from IPPs at market-based rates.  As the attached order indicates, the effective date of the EPMI and EES rate schedules is March 6, 2001.

 - ER011394.wpd << File: ER011394.wpd >>
 - ER011394.doc << File: ER011394.doc >>


The report named: NG - PROPT P/L <http://trv.corp.enron.com/linkFromExcel.asp?report_cd=11&report_name=NG+-+PROPT+P/L&category_cd=5&category_name=FINANCIAL&toc_hide=1&sTV1=5&TV1Exp=Y&current_efct_date=10/25/2001>, published as of 10/25/2001 is now available for viewing on the website.


FYI
---------------------- Forwarded by Richard Shapiro/NA/Enron on 10/27/2000
06:51 AM ---------------------------

Mark Schroeder@ECT
10/27/2000 05:00 AM
To: Richard Shapiro/NA/Enron@ENRON
cc:

Subject: Re: Energy Services Coaltion-Visit To London, Friday, December1

I guess because of the way the message was sent to me, I cannot include text
in return, but responding to your question of what does Joe's last comment
mean, presumably, it is that on these issues of WTO, I am not competent to
advise you on them.  Leaving that aside, I further suspect that he sees me as
the bette noir of the WTO ESC effort.  Finally, you might talk to Tom
Briggs.  I think Joe has stood Tom's position on its head.  Joe has argued
that we need to be in the ESC, because other things we care about like
financial services regulation and e-commerce will be implicated.  He says Tom
argues that we must liberalise energy to realise these objectives.  As I
understand Tom (and he can speak for himself), if we do not get energy
services liberalised (and the exclusion of third-party access is tantamount
to not getting energy services liberalised) then the make-weight arguments
about e-commerce and financial services fall away, at least as
props/arguments for continuing the ESC.    talk to you later today   mcs
---------------------- Forwarded by Richard Shapiro/NA/Enron on 10/27/2000
06:51 AM ---------------------------

Mark Schroeder@ECT
10/27/2000 05:06 AM
To: Richard Shapiro/NA/Enron@Enron
cc:

Subject: RE: Energy Services

I had shared my note to you with Peter.  Thought you would find his reply
comment of interest.  Peter and I are both very frustrated/disappointed (you
probably knew that), but I think Joe knows it, too, which further explains
his derogatory comment about us in London.  mcs
---------------------- Forwarded by Mark Schroeder/LON/ECT on 27/10/2000
11:07 ---------------------------

Peter Styles
27/10/2000 10:36
To: Mark Schroeder/LON/ECT@ECT
cc: Tom Briggs/NA/Enron@Enron

Subject: RE: Energy Services

Raggett intervention likely attributable to Exxon again. I warned Joe and Bob
Fisher about their insidious influence in April when I went to Washington.
Also at that time Bob, Chris and I talked in detail about how to get TPA onto
agenda through a coda or ancillary agreement to basic service provision/
investment categorisation, as happened for telecom in GATS. Who took their
eye off the ball?

Mark Schroeder
10/24/2000 05:35 PM
To: Peter Styles/LON/ECT@ECT
cc:

Subject: RE: Energy Services

my note, and the attachment to which it refers, are self-explanatory, and
have obviously made me very unhappy.  What a waste of time and money by
Joe!   mcs
---------------------- Forwarded by Mark Schroeder/LON/ECT on 24/10/2000
16:36 ---------------------------

Mark Schroeder
24/10/2000 16:32
To: Steven J Kean/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron
cc:

Subject: RE: Energy Services

Tom Briggs was good enough to forward to me a piece of correspondence that
Joe Hillings apparently shared with him.  My lack of enthusiasm for our WTO
initiative, I know, has hardly been masked, but, frankly, what is contained
in the incoming letter, below, I find quite disconcerting.  I have argued
that in our key markets, e.g., Europe, Japan, etc. (I am assuming we do not
need it in the USA, even today) the WTO initiative, i.e., liberalisation of
energy siervices, would be of little value by the time it was implemented.  I
had, apparently mistakenly, at least assumed that liberalisation of energy
siervices at a minimum meant third-party access to transmission networks.  If
not, then what the heck are we doing in this fight.  BUT, as you will see
from the incoming, below, when Paul Hennemeyer, of my team here in London,
joined Joe and Bob Fisher in Geneva to do a presentation on liberalisation of
energy services in WTO, it provoked a letter, to which Joe responded, saying
that the US Energy Services Coalition has NEVER taken a position on thrid
party access, and it is doubtful they could agree to such a position (Joe
agreed, and said this was just an Enron company position!).  You can probably
guess my position on this, but I thought I would forward this to you for your
information, and, if warranted, follow up, as the conversations we have had
have never led me to believe that either of you thought we were pursuing a
WTO initiative which did NOT involve third party access.   thanks  mcs
---------------------- Forwarded by Mark Schroeder/LON/ECT on 24/10/2000
16:03 ---------------------------
From: Tom Briggs@ENRON on 24/10/2000 06:49 CST
To: Mark Schroeder/LON/ECT@ECT, Paul Hennemeyer/LON/ECT@ECT
cc:

Subject: RE: Energy Services

Mark and Paul:   It seems that Paul's enthustastic and brilliant presentation
may have upset a few people.  Oh dear.  If we continue to push TPA as a
prerequisite to energy services and trading, we might jeopardise the whole
WTO process.  Thanks.
----- Forwarded by Tom Briggs/NA/Enron on 10/24/2000 06:46 AM -----

	Joe Hillings
	10/24/2000 06:25 AM

		 To: Lora Sullivan/Corp/Enron@ENRON, rcfisher@hillsandco.com,
don.deline@halliburton.com, cbcapstrat@aol.com,
tim.richards@corporate.ge.com, 75361.622@compuserve.com, Chris
Long/Corp/Enron@ENRON, Stephen D Burns/Corp/Enron@ENRON, Tom
Briggs/NA/Enron@Enron, Joe Hillings/Corp/Enron@ENRON
		 cc:
		 Subject: RE: Energy Services

Joe Hillings
Enron
1775 Eye Street, NW
Suite 800
Washington, DC  20006
202-466-9145
202-828-3372 (fax)
email:  jhillin@enron.com
----- Forwarded by Joe Hillings/Corp/Enron on 10/24/2000 08:23 AM -----

	Joe Hillings
	10/24/2000 05:15 AM

		 To: "Raggett, Brian" <Brian.Raggett@ogp.be>
		 cc: "'Joe.hillings@, "Arscott, Lyn"<lyn.arscott, Lora Sullivan/Corp/Enron,
Bob Fisher, Brian Petty, Tim Richards, Don Deline, Christina Bolton, Chris
Long/Corp/Enron,
		 Subject: RE: Energy Services

Joe Hillings
Enron
1775 Eye Street, NW
Suite 800
Washington, DC  20006
202-466-9145
202-828-3372 (fax)
email:  jhillin@enron.com

Brian: Thank you for your thoughtful and complete statement of the issue. The
ESC has not taken any position on the regulatory details of market access nor
advocated any such as Third Party Access although Enron certainly has taken a
public position at the EU and other venues preferring TPA but willing to be
practical about  the issue. I greatly appreciate your cutting through to the
concern. It is helpful and hopefully will help us in future presentations; I
know it will help me.

Regards,

Joe

	"Raggett, Brian" <Brian.Raggett@ogp.be>
	10/24/2000 04:50 AM

		 To: "'Joe.hillings@enron.com'" <Joe.hillings@enron.com>
		 cc: "Arscott, Lyn" <lyn.arscott@ogp.org.uk>
		 Subject: RE: Energy Services

Joe:

Having raised the matter covered by the exchange of e-mails between yourself
and Lyn, I feel I should clarify my observations of the meeting at the WTO.

I am confident that the WTO representatives were better informed and
enlightened by the presentations given by the ESC. I am sure they were also
struck, as was I, by Paul's enthusiastic explanation of the range of
innovative energy services offered by Enron. What sparked my concern was the
reference to access to energy networks.

Personally, I do not and, more importantly, nor does OGP take a position on
TPA in the EU, to which you refer in your communication. Even more so in the
context of the WTO, because it has never been discussed. I surmise though,
that other ESC members would have similar  reservations. My concerns were
heightened by questions on the subject raised by one or two of our
interlocutors. This part of the discussion then broadened somewhat and
included information about a court case in Germany to overcome entrenched
opposition to TPA by certain network operator(s). I know not whom.

I believe it would be a pity if the broader aspects of energy services,
supported generally by the ESC became subsumed by a debate on TPA , to
either nationally or privately owned networks, to which some WTO governments
outside Europe and the United States, maybe opposed.

While I detected concerns about this in the questions asked, I don't think
that the baby was thrown away with the bath-water. It is my view, however,
that the ESC should be cautious about raising an issue which some
governments  may perceive to be outside what they think is a more reasonable
agenda, and to which, rightly or wrongly, they have antipathy.  My concern
is that this may then  be used to forestall  the worthy and, perhaps, more
achievable objectives of  the ESC to include  the wide range of services
advocated, in the main, by Paul and by the others who presented.

I  most certainly have a positive view on the value of your work and I hope
this helps.

I am not sure at this point whether I will be available to join you in
London but I am planning to attend the  conference on November 27 and I look
forward to meeting you and Bob once again.

Kind regards,

Brian

 -----Original Message-----
 From: Arscott, Lyn [SMTP:Lyn.Arscott@ogp.org.uk]
 Sent: 23 October 2000 18:02
 To: Raggett, Brian
 Subject: FW: Energy Services

 FYI

 -----Original Message-----
 From: Joe.Hillings@enron.com [mailto:Joe.Hillings@enron.com]
 Sent: Monday, October 23, 2000 4:53 PM
 To: Lyn.Arscott@ogp.org.uk
 Subject: RE: Energy Services

 Joe Hillings
 Enron
 1775 Eye Street, NW
 Suite 800
 Washington, DC  20006
 202-466-9145
 202-828-3372 (fax)
 email:  jhillin@enron.com

 Lynn: Thank you for your response. Bob Fisher and I look forward to
meeting
 you, Brian Raggett and possibly others in London on Friday, December
1. We
 will be pleased to host lunch and would be grateful if you could
select the
 restaurant. Should another time be more convenient with you, please
let me
 know.

 From your response regarding the comment in Geneva, I am not feeling
that I
 addressed the specifics of your concern so at the risk of prolonging
the
 pain I'll make another stab at a response. If the concern centers on
 liberalization of transmission access for electricity and natural
gas, I
 would respond that we want to see the EU electricity and natural gas
 directives fully implemented. The EU had asked member countries to
fully
 implement transmission access and it is being accomplished in a
phased in
 approach. Some member countries are doing it in a way that makes
energy
 services possible, some to a less degree and so far, France has not
adopted
 the implementing legislation which is a subject of concern to the
EU.

 The opening up of markets to the maximum degree possible is a broad
goal of
 the Energy Services Coalition recognizing that this is a position
that has
 to be negotiated. We have not recommended any specific regulatory
system or
 regime.

 If I am still missing your concern, please bear with me and bring me
in
 closer to any concern that you may have.

 Regards and best wishes.

 Joe

                     Lora Sullivan

                                          To:     Joe
 Hillings/Corp/Enron@ENRON
                     10/23/2000           cc:

                     11:35 AM             Subject:     RE: Energy
Services

 Lora Sullivan
 Federal Government Affairs Representative
 Enron
 1775 Eye Street, NW
 Suite 800
 Washington, DC  20006
 202-466-9142
 202-828-3372 (fax)
 email:  lsulliv@enron.com
 ----- Forwarded by Lora Sullivan/Corp/Enron on 10/23/2000 11:35 AM
-----

                     "Arscott, Lyn"

                     <Lyn.Arscott@o        To:
 "'Lora.Sullivan@enron.com'"
                     gp.org.uk>            <Lora.Sullivan@enron.com>

                                           cc:     "Raggett, Brian"
 <Brian.Raggett@ogp.be>
                     10/23/2000            Subject:     RE: Energy
Services

                     11:11 AM

 Joe,
      I am sorry that you were unable to telephone but I know the
reason.
 Our system has been down for upgrading. We had to expand our
bandwidth to
 accommodate the modern volume of email telephone line traffic.
Sorry.
      In response to your itinerary, I will be in town on Dec 1. I
will
 ask Brian Raggett to join us if he can and we can see if there is
any one
 else. The issue that arose at the last meeting in Geneva seems to
center
 around the special problems  of inclusion of pipelines and
electrical lines
 as part of energy services.
      Brian Raggett was at the Geneva meeting and has a first hand
 interpretation of the meeting.

           Lyn

 -----Original Message-----
 From: Lora.Sullivan@enron.com [mailto:Lora.Sullivan@enron.com]
 Sent: Monday, October 23, 2000 3:51 PM
 To: Lyn.Arscott%ogp.org.uk.@enron.com
 Subject: Energy Services

                     Joe Hillings

                                          To:     Joe
 Hillings/Corp/Enron@ENRON
                     10/23/2000           cc:
75361.622@compuserve.com,
 Lora Sullivan/Corp/Enron@ENRON
                     10:25 AM             Subject:     Energy
Services

 Joe Hillings
 Enron
 1775 Eye Street, NW
 Suite 800
 Washington, DC  20006
 202-466-9145
 202-828-3372 (fax)
 email:  jhillin@enron.com

 Lynn: I have been unable to get through on your telephone line this
morning
 so will attempt to fax this and accompanying message to you as
recommended
 by Brian Petty.

 If it is not fully responsive to the questions raised regarding our
 presentation to the WTO in Geneva, please feel free to contact me.
Neither
 the ESC nor Enron advocates any abregation of contract. Further, the
ESC
 has not specifically advocated any regulatory system and has no
plans to do
 so. We do advocate and advance as much market access as we can get
for
 companies providing energy services.

 Bob Fisher (Hills and Company) and I plan to be in Brussels for the
 European Services Federation conference on Monday, November 27th and
I have
 been invited to partipate on a panel which I have accepted.  Bob and
I are
 then planning to travel to Germany, Oslo and London to meet with any
energy
 industry people interested in meeting with us to discuss the energy
 services effort.

 Monday, Nov. 27 Brussels Conference (We hope Brian Raggett can
participate)
 Tuesday, Nov. 28 calls on EC
 Wednesday, Nov. 29 meeting in Dusseldorf/Essen with industry people
 (planning stage)
 Thursday, Nov. 30 meetings in Oslo with industry people (planning
stage)
 Friday, December 1 meetings in London (Can we have lunch with you
and do
 you want us to meet with others)?
 Satuday, December 2 depart for Washington

 Please let us know if Friday will work for you and how you advise we
should
 proceed. We would also like to meet with British Electric Assn and
possibly
 someone in DTI.

 Joe


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----- Forwarded by Steven J Kean/NA/Enron on 11/10/2000 01:10 PM -----

	Sarah Novosel
	11/08/2000 09:44 AM

		 To: Steven J Kean/NA/Enron@Enron
		 cc: Maureen McVicker/NA/Enron@Enron
		 Subject: Part I of Staff Report

Here is Part I of the Staff report (on Calfornia).


I've not received executed copies of your mid-year reviews.  If you sent them
directly to Houston, please send me a copy of the executed document.  We need
to get these back to Houston ASAP.

Please call me if you want to discuss the written reviews.


---------------------- Forwarded by Paul Drexelius/CES/ColumbiaGas on 12/27/99
08:08 AM ---------------------------

Marianne Stiles
12/23/99 12:11 PM

To: Karen Bobb/CES/ColumbiaGas@ColumbiaGas
cc: Noel Bartlo/CES/ColumbiaGas@ColumbiaGas, Paul
Drexelius/CES/ColumbiaGas@ColumbiaGas, Joanne
Swogger/CES/ColumbiaGas@ColumbiaGas, Nancy Diel/CES/ColumbiaGas@ColumbiaGas,
Phil Villagomez/CES/ColumbiaGas@ColumbiaGas
Subject: REVISED - January 2000 Tennessee deliveries to WKY

Please note in red the revised volumes
---------------------- Forwarded by Marianne Stiles/CES/ColumbiaGas on
12/23/99
01:10 PM ---------------------------

Marianne Stiles
12/23/99 11:05 AM

To: Karen Bobb/CES/ColumbiaGas@ColumbiaGas
cc: Phil Villagomez/CES/ColumbiaGas@ColumbiaGas, Noel
Bartlo/CES/ColumbiaGas@ColumbiaGas, Paul
Drexelius/CES/ColumbiaGas@ColumbiaGas,
Joanne Swogger/CES/ColumbiaGas@ColumbiaGas, Nancy
Diel/CES/ColumbiaGas@ColumbiaGas
Subject: January 2000 Tennessee deliveries to WKY

Per the sales reps and GMS I will need the following:

100 dth per day to meter # 020030
596 dth per day to meter # 020028

I will receive a final number for these next week but this is an estimate.
(should not be that far off).


As you know, the meeting with Ted Bland is set to begin at 11:00am.

FYI: It should go for about 2 hours or so. Lunch will be served.

Let me know if you have any questions.

-Grace


FYI
---------------------- Forwarded by Christi L Nicolay/HOU/ECT on 12/12/2000
01:58 PM ---------------------------

Diane H Cook
12/12/2000 03:10 PM
To: Jeffrey T Hodge/HOU/ECT@ECT
cc: Christi L Nicolay/HOU/ECT@ECT

Subject: final again

I promise this is the final file:


Jeff, we need to add some discussion focused on QF issues in California and
how resolution to certain items would enhance QF ownership and provide the
utilities with optimal performance of the QF's and perhaps encourage new
capacity development at existing QF locations.

The utilities should be motivated to enter into buyout, buydown, blend and
extend, negotiate fixed energy prices and other restructuring transactions
with the QF's.
The utilites have the ability to hedge the floating price currently being
paid to the QF's.  They should be motivated to look into these structures.
Utilities should provide some clarification to the energy prices under QF
PPA's.  There is alot of risks around SRAC and PX that affect both the
utilities and the QF owners.  It seems like resolution to that risk is
beneficial to both the utility as well as the QF.
QF's should have the ability to move excess capacity and energy into either
the market and/or to the utility.  That  would create additional economic
incentives for the QF's to run and perhaps increase their capacity.

Frank


Stacey,

The Enabling Agreement (96000724) applies to deal #'s:

3689.03
3689.04

As for the 1999 Enabling agreement (96021406) here are the following ref. #'s:

373511.01
373512.01
439609.01
439608.01
585276.01
585277.01
620557.01
709317.01

If you need any other, please let me know.

Thanks,

Kimberly

 -----Original Message-----
From: 	Portz, David
Sent:	Thursday, January 10, 2002 12:26 PM
To:	Indelicato, Kimberly; Denton, Rhonda L.
Cc:	Panus, Stephanie; White, Stacey W.; Sager, Elizabeth; Hall, Steve C. (Legal); Yoder, Christian
Subject:	RE: Non-Terminated Counterparties

Kimberly,/Rhonda --  (1) As mentioned on a voicemail to Rhonda, the 1996 Modesto  enabling agreement (96000724) does not have auto termination while the 1999 Enabling agreement does. Can you give Stacey White guidance as to the transactions under each?  Thanks.

 -----Original Message-----
From: 	Portz, David
Sent:	Thursday, January 10, 2002 11:10 AM
To:	Indelicato, Kimberly
Cc:	Panus, Stephanie; White, Stacey W.; Sager, Elizabeth; Nettelton, Marcus; Hall, Steve C. (Legal); Yoder, Christian; Mann, Kay; Clark, Barton
Subject:	RE: Non-Terminated Counterparties

Thank you and great job, quick and thorough turnaround.  Auto-termination porivisons are present in the referenced masters with these parties, some of which had been identified before:

 COLORADOSPRUTI 	 Physical 	 96002264 Power Purchase & Sale Agreement 09/19/96 (573463, 576470)
 ENRONENESERINC 	 Physical 	 96014730- Power Master Bilateral
 GLENDALECIT 	 Physical 	96018785- Bilateral Enabling Agreement 10/1/98 (854880.01)
 GMP 	 Physical 	96012931- Unilateral Enabling Agreement (Sales) 1/5/98 (591090.01, 627721.01)
 MICHIGANSOUCEN 	 Physical 	 96000145 -Energy Purchase & Sale Agree. Dated 3/26/96,   96004856 Bilateral Enabling Agreement dated  3/11/97 both have AT
 MISSOURIJOIMUN 	 Physical 	 96008830- Long Form * 96009184- Energy Purchase & Sale Agreement 7/28/97 (56527.01)
 MODESTOIRR 	 Physical 	 96000724- Agreement for Foirm Power Purchase 6/27/96 * 96021406 Master Energy Purchase & Sale Agreement 4/15/99
 PORTLANDGENELE 	 Physical 	 95001094-Service Agreement (Electric Tariff Vl 1) 5/19/94 * 95001095- Service Agreement (Electric Tariff Vl 2) 10/10/94 * 96017827- Service Agreement (Electric Tariff Vl 11) 10/6/98
 VERMONTPUBLIC 	 Physical 	 96007482- Bilateral Enabling Agreement 4/23/97 * 96000159- Power Purchase Agreement 12/6/95 (564065.01, 564065.02, 776.04) both have AT
  WELDED TUBE CO   96012524   Physical  1998 Option Agr

I have cleared with Eliz Sager that: Stephanie- these will be put into the spreadsheet log and the transactions put into the terminated book by Stacey. -- David

 -----Original Message-----
From: 	Indelicato, Kimberly
Sent:	Wednesday, January 09, 2002 5:28 PM
To:	Portz, David
Subject:	Non-Terminated Counterparties

David,

Attached is the spreadsheet containing the contract #, names and dates for the non-terminated counterparties. Should you have any question or need me to research any information further, please let me know.

Regards,

Kimberly

 << File: Non-terminated as of 1-7-2002 Final.xls >>


Debra:

Sounds fine.

Jeff

 -----Original Message-----
From: 	Perlingiere, Debra
Sent:	Tuesday, October 30, 2001 3:44 PM
To:	Hodge, Jeffrey T.; Dickson, Stacy E.; Nemec, Gerald
Subject:

 I will arrive late tomorrow due to a doctors appointment.

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


Terry, please call Jack Meyers (304-623-8811) at CNG Transmission and have
these meters moved from CES/CEM pools to Enron's pools.  I think all you need
to do is send CNG a letter  requesting;

   "Please move all meters flowing into contract 8G0A61 to contract 8G0011".

If CNG needs meter information, maybe you could send them the statement they
send to Gloria,  I believe CES/CEM has 11 contracts.

Let me know if you have any questions.

thanks

---------------------- Forwarded by Chris Germany/HOU/ECT on 04/06/2000 03:07
PM ---------------------------

Chris Germany
04/05/2000 06:10 PM
To: Mary Theresa Franklin/HOU/ECT@ECT, James T Javins/DUB/EES@EES, John M
Singer/Corp/Enron@ENRON, Heidi Griffith/DUB/EES@EES
cc: Angie Zeman/Corp/Enron@ENRON, Molly LaFuze/HOU/ECT@ECT, Victor
Lamadrid/HOU/ECT@ECT, Katherine L Kelly/HOU/ECT@ECT, Colleen
Sullivan/HOU/ECT@ECT, Gloria G Barkowsky/HOU/ECT@ECT
Subject: CNG Appalachian production

The CES/CEM CNG Appalachian production is still flowing into the CES/CEM
gathering and transmission contracts.  Unless someone objects I would like to
get this moved over to Enron's pool.  We don't need to have the gathering and
transmission contracts moved over.

Comments/questions?


Look at you.  More work!
---------------------- Forwarded by Kay Mann/Corp/Enron on 03/16/2001 11:00
AM ---------------------------
From: Sheila Tweed@ECT on 03/16/2001 10:36 AM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: Re: Tex-Mex High Voltage DC project

----- Forwarded by Sheila Tweed/HOU/ECT on 03/16/2001 10:35 AM -----

	Sheila Tweed
	03/16/2001 09:48 AM

		 To: John Schwartzenburg/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 cc: Kay Mann/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Renee
Alfaro/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 Subject: Re: Tex-Mex High Voltage DC project

Bob Carter has been working on this although he is transitioning it  to
Carlos Sole.  Bob already contracted for the DC tie line.

	John Schwartzenburg@ENRON_DEVELOPMENT
	03/16/2001 08:55 AM

		 To: Sheila Tweed@ECT, Kay Mann/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 cc: Renee Alfaro/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 Subject: Tex-Mex High Voltage DC project

Are either of you familiar with  this project? We have had no contact with
the ENA/Enron Mexico commercial or legal people and I don't want to bust any
structuring goals.

Our project manager (Scott Laidlaw) and engineer (Harry Okabayashi) want to
issue a tasking letter to procure engineering services on this project to
support the ENA work.

I am not in the office today, so please include Renee Alfaro on your response.

JWVS

	Harry Okabayashi
	03/16/2001 07:43 AM

		 To: Scott Laidlaw/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 cc: John Schwartzenburg/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, William J
Ferguson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 Subject: Re: Tasking Letter for John Falcon at Jacobs Engineering

Please clarify if our contractors including engineering services on the
Texas-Mexico HVDC project are required to be "off-balance" sheet.

Best Regards,
Harry Okabayashi


Tomorrow, generalists will receive a binder outlining the process of how the WARN notifications will occur.  I assume we need to mark these documents as confidential and proprietary.  Is there any specific wording you would like on either a introduction page or as a footer on each page?  Please let me know so I can include.

Thanks - Tana


Hi John,

The enovate version looks fine.  I suggest this change to the Peoples version:

iv) is required to be disclosed to comply with any applicable law, order,
regulation or ruling or to enforce enovate,s or PMW,s rights in court or in
an arbitration proceeding in connection with the Limited Liability Company
Agreement of envoate dated April 26, 2000, as amended, modified, and
supplemented from time to time (the &LLC Agreement8). If PEC is requested or
required (by oral question, interrogatories, requests for information or
documents, subpoena, civil investigative demand or similar process) to
disclose any Confidential Information, PEC will promptly notify ENA of such
request or requirement so that ENA may seek an appropriate protective order
or waiver in compliance with provisions of this Agreement.  If PEC and ENA
are both parties to the proceeding, PEC will agree to an appropriate
protective order.

Thanks,

Kay


Payment Schedule.
Payment Date	Payment Amount
April 30, 2001	$50,234,000

TOTAL	$50,234,000

Such April 30th payment shall constitute full and final payment for the
Units, except that Purchaser shall be responsible for the payment of any and
all amounts associated with any Change Order after the Effective Date. The
final payment is also subject to Section 6.1.3.

Also, Delta has suggested that we add in language for the adjustment due to
site conditions.  I added language to Exhibit A-1.

Both of these edits are from the CA form.

Kay


Mark,

Who was the cutomer that requested this?

HK


Thanks Ann,  I appreciate your help.

 -----Original Message-----
From: 	Osire, Ann
Sent:	Thursday, September 27, 2001 10:30 AM
To:	Perlingiere, Debra
Cc:	Osire, Ann
Subject:	RE: amendments

Debra,

Here is the remaining address:

Maria Stateman
BROOKLY UNION GAS COMPANY d/b/a KeySpan Energy Delivery New York
100 East Old Country Rd.
Hicksville, NY 11801

Some of the counterparties were wondering whether we are sending these by regular mail of FEDEX.  I told them, we are probably sending them by regular mail.


I haven't seen the originals.  I can send you an email which has the name of
the files, but I do need them printed so that the footer appears with the
name as opposed to the temp file number.

Thanks!

Kay

From: Suzanne Adams@ECT on 01/11/2001 01:42 PM
To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: Re: CA Energy Development

I told them to bring the originals back to you because I thought you needed
them.  Do you have them so I can come get them and do this for you.

	Kay Mann@ENRON
	01/11/2001 01:35 PM

		 To: Suzanne Adams/HOU/ECT@ECT
		 cc:
		 Subject: CA Energy Development

Suz,

Please print four sets of originals of each of the documents you faxed this
am (name in footers).

Thanks,

Kay


Harry,

Thank you for taking time last week to meet with me and for arranging the
other meetings as well.  I enjoyed our discussion and learning about the
various opportunities within Enron.  I have been impressed with every group
at Enron.  I hope that we can keep in touch over the next few months.

Thank you again.

Sincerely,

Vic

Vic Gatto
Owen Graduate School of Management
Vanderbilt Universtiy
(615) 292-7414
vic.gatto@owen2002.vanderbilt.edu


Greg,

Sorry it took me so long to get this to you ( the perils of bid-week).

Call me if you need anything else.

Susan


Attached is an article written a few years ago by a few of my colleagues on
the elements of partnership.  It is obviously consistent with our current
conversations.  Although it is a bit superficial, it does provide good
context that at some point may be worthwhile for some senior managers to
read.  Let me know what you think.

(See attached file: 15810 (pro service firms article).zip)

+-------------------------------------------------------------+
| This message may contain confidential and/or privileged     |
| information.  If you are not the addressee or authorized to |
| receive this for the addressee, you must not use, copy,     |
| disclose or take any action based on this message or any    |
| information herein.  If you have received this message in   |
| error, please advise the sender immediately by reply e-mail |
| and delete this message.  Thank you for your cooperation.   |
+-------------------------------------------------------------+
 - 15810 (pro service firms article).zip


This is to confirm Mr. Kean's attendance at the HR/ PR/ Comm.  Affairs VP Pre
ranking scheduled for 14 December at 2:00 in EB 30C2.  Also in attendance at
this meeting will be Cindy Olson, Rick Shaprio, Beth Tilney,  and Dan
Leff.    Please don't hesitate to contact me should you have any questions or
concerns.  Many thanks,

 Gina Corteselli


John,

Happy New Year. I hope the first few weeks of this year will see the
completed paper.

I am sending you the last version of the paper I have received with a few
comments (in red). I think it makes sense to discuss the paper over the
phone. I have a number of more detailed comments.

Vince
 - Enron Transformation Paper12_17_00_VK.doc


Dear Traders,

I have been finding and fixing a great number of transmission deals lately
and I have noticed the following that keeps coming up:

When you put in a deal, please include the wheel if you are using
transmission and be sure to route it properly.
When you schedule transmission for a deal, please be sure to separate light
load hours and heavy load hours and put them in at different prices. (except
Sundays and holidays, which are for the most part at LLH prices all day).

Please also record OASIS numbers in your Deal Entry or in Deal Scheduling
when you request tranny.  Both Deal Entry and Deal Scheduling have fields for
OASIS numbers.  If you don't provide OASIS numbers, I may have to rely on the
counterparty's documentation as proof of # of MW requested.

Here's a cheat sheet of LLH and HLH prices by company:

BPA    LLH $  2.25       HLH $ 5.00
NPC    LLH $ 2.40       HLH $ 3.60
SNO    LLH $ 1.75       HLH $ 2.25
PAC      LLH $  5.84      HLH $ 5.84

Of course, there are stipulations and these prices are not set in stone.
Please use your experience and discretion when entering transmission prices.

Thanks guys,

Virginia