Last month you received an email about enrolling in the Enron PAC.  The
response has been positive.
Thank you to those of you that have already enrolled or made a change to your
current contribution!
If you have not had an opportunity to visit the enrollment site, please
consider taking a moment to do so.  The link to the website is at the end of
this message.

 Some of you may have experienced problems launching the site or enrolling.
We apologize for any trouble that you may have had.  The enrollment works
best in either Internet Explorer or Netscape.  The most frequent problems
were a result of the Lotus Notes web browser that many employees have
installed as a default browser.  If this is your case, please copy and paste
the link at the end of this message into either Internet Explorer or Netscape.

As a reminder - Following is the original message regarding the PAC
enrollment:

Last year the Enron Political Action Committee (PAC) launched a campaign to
become a "million dollar PAC".  Enron employees, who provide all of the
funding for the PAC, responded and the Enron PAC reached its objective,
becoming one of the largest corporate PACs.  This year we face a new
challenge.  With the sale of EOG, the announced sale of PGE and normal
employee turnover, we have lost a significant number of consistent
contributors.  We are seeking your support.  If you are not a member, please
join.  If you are a member, we hope you will consider increasing your
contribution.

The Enron PAC is an essential tool in our effort to promote sound public
policy.  Our PAC funds support local, state and federal candidates, of both
parties, who support open markets, deregulation and customer choice.  Amounts
contributed may be used to make political contributions in connection with
federal and state elections and are subject to the limits of the Federal
Election Campaign Act.  While our PAC has grown thanks to our employee
contributions, it still generates just a fraction of the expenditures of
those who oppose these ideals.

This year, as always, we face challenges and opportunities for every one of
our businesses, including such issues as taxation and regulation of
e-commerce, electric industry restructuring, regulation of derivatives,
international trade and investment legislation, pipeline safety, local and
state decisions affecting the siting and interconnection of power plants and
a variety of environmental and tax issues.  Enron has a long and successful
track record of supporting and advancing good public policy.  That track
record depends on access to and regular communication with, decision makers.
The PAC provides that access - - it shows policy makers that real voters care
about what they are doing.

One of the best things about Enron is that we don,t just take things as they
are.  We challenge the status quo.  We ask why.  We change things.  The PAC
helps us do that.  We need you to help the PAC.  Sign up today ) and please
consider the following contribution guidelines:

Manager    $500/year
Director     $750/year
Sr. Director/General Manager  $1,000/year
Vice President    $2,500/year
Sr. VP/Managing Director  $3,500/year
Executive Committee   $5,000/year

All contributions are voluntary and these guidelines are merely suggestions.
You are free to contribute more or less than the guidelines suggested and
Enron will not favor or disadvantage anyone by reason of the amount of their
contribution or their decision not to contribute.  You may refuse to
contribute without fear of reprisal.

Only U.S. citizens and resident-aliens living in the U.S. can contribute to
the Enron PAC.  Amounts contributed may be used to make contributions in
connection with federal and state elections and are subject to the
limitations of the Federal Election Campaign Act.  The maximum contribution
is $5,000 per year per individual.  An individual may not contribute more
than $25,000 to all federal candidates and committees within a calendar
year.  The law requires that Enron report name, address, employer and
occupation for every person who contributes over $200/year.

No portion of any contribution is deductible as a charitable contribution for
federal income tax purposes.

Thanks for your support!  Sign up now, or revise your current contribution
level by connecting with the PAC intranet site:

 http://pacmembers.enron.com


Today, I announce my departure from Enron.  Enron is a great company and I
have enjoyed working with our terrific employees over the last eight years.
Together, we have made Enron a successful global company.

With Enron,s decreased emphasis on international asset development activity,
however, I have decided to pursue opportunities where I can make greater use
of my skills and experience.  I leave Enron with wonderful memories of our
employees and the many successes we have achieved together.  You have my best
wishes for Enron,s continued success.

Joe


---------------------- Forwarded by Jinsung Myung/Corp/Enron on 08/08/2000
04:18 PM ---------------------------

Don Miller@ECT
08/08/2000 02:24 PM
To: Jinsung Myung/Corp/Enron@Enron
cc:

Subject: Attached Files

---------------------- Forwarded by Don Miller/HOU/ECT on 08/08/2000 02:24 PM
---------------------------
From: Stuart Zisman on 08/08/2000 10:14 AM
To: Don Miller/HOU/ECT@ECT
cc:
Subject: Attached Files

----- Forwarded by Stuart Zisman/HOU/ECT on 08/08/2000 10:14 AM -----

	"Roger Rippy" <RIPPR@andrews-kurth.com>
	06/12/2000 04:53 PM

		 To: <STUART.zisman@enron.com>
		 cc: <lorie.leigh@enron.com>
		 Subject: Attached Files

Stuart,

Attached are the latest and greatest due diligence indices for the 6 peaker
plants.  These are intended to replace all prior indices you have received up
to this date.  This should bring us up to date.

Please call me if you have any questions.

Thanks.

Roger A. Rippy
Andrews & Kurth L.L.P.
600 Travis Street, Suite 4200
Houston, TX 77002
Direct Phone: (713) 220-4458
Direct Fax: (713) 238-7138
E-mail:  rogerrippy@andrews-kurth.com

 - WiltonPr.DOC
 - Wheatlan.DOC
 - NewAlban.DOC
 - Brownsvi.DOC
 - Caledonia.DOC
 - Gleason.DOC


Hollis:

I am forwarding this to our Controls Group people who are working on a manual
with full description of all sensors, locations, identification, names, etc.
I am asking them to complete your list and get back with you. I should know
next week how long this will require.

Regards

KLC

Hollis Kimbrough
05/02/2002 02:33 PM
To: Tom Nemila/EWC/Enron@ENRON, Kevin Cousineau/EWC/Enron@ENRON
cc: Mark Fisher/EWC/Enron@Enron, Dave Schulgen/EWC/Enron@ENRON

Subject: 1.5 MW WTG SPC reports

Tom/Kevin,

In the development of the 1.5 MW WTG Statistical Process Control (SPC)
reporting tool we have some additional questions regarding the data which
comes to us from VisuPro.   In the attached spreadsheet you will find a
listing of most of the channels which VisuPro uses to record data.  With some
exceptions, each channel should correspond to a transducer on the turbine.
The channel name and number can be found in the left columns as they are
presented in VisuPro.  The "Alias" column is my attempt to better understand
the channel and put a more meaningful label on the channel for presentation
to the field personnel.  Wherever there is a blank it means that I do not
have a good explanation of the channel and need more information.

You can ignore the grey shading.  It is just an indicator as to whether the
particular channel is currently included in the existing version of our SPC
analytic.  The more interesting column is the "Include" column which is our
future plan regarding inclusion of the particular channel in the next
revision of the analytic.

Please do provide comments regarding simplified label names.  Also please
note that I need further clarification on cells with comments inserted (look
for the red traingle in the top right corner of 3 of the cells).

The other thing I would really like to have is a picture, or drawing, of the
exact location of each of the transducers we are planning on including.  This
would give myself and the field personnel great insight as to what the
measurements really represent.

Thanks,
Hollis


Hello folks,

I have accepted a position with RWE Trading Americas, my last day with ENRQ will be next Thursday, Jan 31.  I have enjoyed working with all of you and hope that our paths will cross as we find our way to more exciting ventures.

Russell
ridiamond@yahoo.com
713-665-3345


Please see attached memo.  Legal risk assessment memo to follow.

 Anne C. Koehler
Sr. Counsel, ENA
EB 3832
713-853-3448


I am pleased to announce the following promotions effective February 1 within
ENA Energy Operations.  These individuals have been promoted in recognition
of their outstanding performance and their contributions to the continuing
success of Enron North America. Please join me in congratulating these
employees on their promotions.

Promotions to Senior Director

Kristin Albrecht serves as Business Controller for ENA,s power business.
Along with Leslie Reeves, Kristin ensures that power transactions are handled
accurately and smoothly from beginning to end.  Kristin,s primary focus is on
risk controls and daily reporting of positions and p&l for East Power
trading, West Power trading and Genco operations.

Brenda Herod serves as Business Controller for ENA,s assets business, working
with the Gas Assets group and the Texas trading desk.  Her responsibilities
include global contracts and facilities, risk management, confirmations, gas
scheduling, volume management, settlements and regulatory compliance for
Houston Pipeline, LRC and Enron Midstream Services.

Leslie Reeves is a Business Controller for ENA,s power business, working
closely with Kristin Albrecht in managing mid and back office support for the
East, West and Genco power trading groups.  Her primary responsibilities are
documentation and settlements, with a focus on contract administration, cash
forecasting and cash management.

Mary Solmonson leads ENA,s Global Database Management Group, collecting and
validating information on our customers, contracts, pipelines and facilities,
as well as published prices.  These activities support overall Energy
Operations responsibilities from Risk to Logistics to Settlement.  In
addition, Mary has been instrumental in the promotion and implementation of
the Global systems across Enron to provide control, consistency, and common
data throughout the organization.

Promotions to Director

Scott Pleus serves as Business Controller for Enron,s Emerging Products.
These businesses include Bandwidth, Pulp and Paper, and Weather.  His primary
responsibilities include day-to-day functions of risk management,
confirmations, pulp and paper scheduling, and settlements as well as long
term system development.

Sheri Thomas led ENA,s natural gas off-system settlements function throughout
1999. Her responsibilities included cash forecasting, collections, and
accountability for receivables and payables for ENA,s gas business in the
East, West and Central regions of the US.  Sheri accepted a new assignment in
January 2000 and is now managing the Enron Online operations.

Promotions to Manager

Bennett Kaufman manages the risk management administration function for the
Equity Trading and Debt Trading groups.  He has also had experience in
supporting the options book for natural gas derivatives trading.  Prior to
joining Enron in early 1998, Bennett worked in trading operations for
investment banking firms in New York.

Richard McKeel is the Systems Integration Analyst within Global Database
Management, overseeing the change management process and new software
development needed to interface the Global applications with strategic
systems ) Sitara, Unify, EnPower, Solarc, SAP, and EnronOnline.

Other Promotions

Specialist to Senior Specialist:    Analyst to Specialist:

Sylvia Campos ) Deal Compliance Contract Records  Tara Eslick ) Financial
Trading Risk Management
Kam Keiser ) Gas Risk Management- Central Desk   Victoria Versen ) Gas
Logistics - East Desk
Phillip Love ) Risk Controls Operational Analysis
Jeff Coats ) Gas Risk Management - Central Desk
Monica Lande ) West Power Risk Management (Portland) Senior Clerk to Staff:
Trang Le )  Strategic Operations ) Project Unify
John Postlewaite ) East Power Risk Management  Anthony Campos ) Deal
Compliance Contract Records
Diane Seib ) Documentation (Calgary)     Kori Loibl ) Gas Risk Management -
Financial Books
Donnie Vinson ) West Power Risk Management (Portland)
Imelda Frayre ) Strategic Operations - Project Sitara
        Clerk to Senior Clerk:
Staff to Specialist:
        Leslie Smith ) Information & Records Management
Amy Degeyter ) Power Documentation    Melinda Whalen ) Documentation (Calgary)
Michael Nguyen ) Emerging Products Risk Management
Sherlyn Schumack ) Logistics Volume Management
Karie Hastings ) Strategic Operations - Project Sitara

In addition, Peggy Hedstrom and Brent Price were promoted to Vice President,
as announced in the memo issued by Enron Corp. Office of the Chairman.  Peggy
leads Energy Operations for Enron Canada, with responsibility for risk
management, documentation and gas logistics.  Peggy also serves as a key
interface with Canadian pipelines as a member of several industry
committees.  Brent is the Senior Business Controller for Gas Trading
Operations in the U.S.  His responsibilities include risk management,
confirmations, volume management and settlements for the East, West and
Central regions.  He also provides operational expertise in the due diligence
phase of the evaluations of joint ventures and acquisitions.


Attached are the Government and Regulatory Affairs Significant Events for the
first two weeks of December.


SEVERE THUNDERSTORM WARNING NATIONAL WEATHER SERVICE HOUSTON/GALVESTON TX 859
PM CDT SAT MAY 12 2001

THE NATIONAL WEATHER SERVICE HAS ISSUED A

* SEVERE THUNDERSTORM WARNING FOR...   NORTHERN HARRIS COUNTY IN SOUTHEAST
TEXAS

* UNTIL 945 PM CDT

* AT 857 PM CDT...DOPPLER RADAR INDICATED A SEVERE THUNDERSTORM 5   MILES
NORTHWEST OF SPRING...MOVING SOUTH AT 15 MPH.

* LOCATIONS IN THE PATH OF THE SEVERE THUNDERSTORM INCLUDE...   HOOKS
AIRPORT   SPRING   BUSH-INTERCONTINENTAL AIRPORT...HUMBLE   ALDINE

MOVE TO AN INTERIOR ROOM ON THE LOWEST FLOOR OF YOUR HOME OR BUSINESS. STAY
AWAY FROM WINDOWS!

PLEASE REPORT SEVERE WEATHER TO THE COUNTY SHERIFF...LOCAL POLICE... OR
DEPARTMENT OF PUBLIC SAFETY. THEY WILL RELAY YOUR REPORT TO THE NATIONAL
WEATHER SERVICE.


Kaye:  I think I returned this to you several weeks ago.  SS
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 11/02/99 04:46
PM ---------------------------

Info Central
11/02/99 04:27 PM
Sent by: ECTHOU_LN1
To: Sara Shackleton/HOU/ECT@ECT
cc:
Subject: Over due library item(s)

You are receiving this message because library records indicate that you have
the following items checked out.
If you believe this to be in error or wish to extend the checkout time,
please contact the library

 Learn Portuguese now was due on 09/02/1999


[IMAGE]
2000 Year-End  Transcript

[IMAGE]

ANNOUNCER: Every week for more than thirty  years, America's most widely
watched and trusted source of economic and  financial advice, Wall $treet
Week With Louis Rukeyser is made possible by:  Deloitte & Touche, who is
equally at home with steel and silicon, with  wheat fields and cyberspace.
For professional services, the answer is the  people of Deloitte & Touche; by
A.G. Edwards, committed professionals  providing a full range of financial
services and investment advice, A.G.  Edwards, trusted advice, exceptional
service; by OppenheimerFunds, where a  long-term approach to investing has
helped put financial security in the hands  of millions of Americans,
OppenheimerFunds, the right way to invest; by The  Kaufmann Fund, a small
company aggressive growth fund; and by contributions to  your PBS station
from viewers like you. Thank you.

Produced  Friday, December 29, 2000.
Our panelists are Elizabeth Dater, Louis  Holland, Barbara Marcin and Brian
Rogers.

LOUIS  RUKEYSER: Good evening. I'm Louis Rukeyser. This is Wall Street Week.
Welcome back.

Well, folks,  now you know why they call it black tie.

Much of the  world of investors regards 2000 as a year of mourning -- for
profits past, for  bubbles burst, for bulls de-horned and for certainties
crumbled.

And let's face  it: It wasn't always fun.

As Winston  Churchill put it, "I'm always ready to learn, although I do not
always like to  be taught."

Virtually  nobody except the non-stop pessimists -- who are still stone
losers over the  past decade -- foresaw the viciousness of this year's
declines -- although the  year was contradictory, even there.

For example, is  this a bear market?

Well, yes and  no.

Even from their  highest heights in early 2000, the Dow Jones Industrial
Average and the  S&P 500 have declined far less than the twenty percent that
traditionally  has defined a bear market.

But for the  formerly high-flying technology stocks personified by the
Nasdaq, this has not  only been a bear -- but the growly of all time.

Nasdaq, which  never does things moderately, fell nearly 40 percent this year
-- and is off  more than 51 percent from its March 10th high.

That makes this  not only the worst year ever for the 29-year-old Nasdaq, but
the biggest  decline for any of the three major indexes since the S&P 500
lost 47  percent in 1931, during the Great Depression.

So devastating  was this latest, and most severe, tech wreck that any attempt
to put it in  perspective -- by pointing out, say, that Nasdaq has been the
bullish  phenomenon of the past decade -- and that it gained more than 85
percent in  1999 alone -- is likely to seem like irrelevant ancient history
to today's  bleeding tech investors.

Are they right?  Is this just a temporary reversal of a fantastically
promising up-trend, or is  it truly the end of a booming era?

Were the  downward catalysts of 2000 -- a fierce Federal Reserve, a steeply
weakening  economy and a nation driven to embarrassing self-doubt by the
Election That  Would Not Die -- passing phenomena or auguries of enduring
change?

We'll try to  get you some meaningful answers tonight -- in the company of
four  sharp-shooting panelists whose recommendations actually made our
viewers  significant money in 2000 while the markets -- and most of their
competitors  -- faltered.

We'll review  what really did happen in 2000 -- to the economy and to
investors -- and we'll  see if those four can be at least as helpful to us in
the year ahead -- in  which, not to put too fine a point on it, Wall Street
owes us all a lot!

But, first,  let's see how the best-performing got better -- and the
worst-hit got  hysterical -- in a characteristically mixed ending to a
thoroughly mixed-up  year.

The Dow Jones  Industrial Average ended on a stronger note, despite a
final-day sell-off,  gaining more than 150 points to close the year at
10,787.99 -- making this the  Dow's first losing year since 1990.

Most indexes  followed the Dow's upward lead -- with the conspicuous
exception of, you  guessed it, Nasdaq, which ended the year at less than half
its March  peak.

But the elves,  filled with the holiday spirit -- or something -- continue to
insist that  better times lie ahead both for the Dow -- where our haloes go,
as usual, to  those who voted neutral three months ago, since when the Dow is
up by just a  bit more than one percent -- and for Nasdaq, which we now
insist they also  predict -- to see if that can improve their worst overall
yearly record since  they were created.

There were  minimal changes in the bond and oil markets, and the dollar had a
mixed week  -- as the long-suffering euro continued its recent rebound.

And if your  investments this year are giving you palpitations, try munching
some of those  holiday sweets you've been trying to put out of your mind.

A new report in  the American Journal of Clinical Nutrition says that
chocolate may  protect against heart disease.

The theory is  that procyanidin found in the candy helps prevent build-up of
blood  platelets.

Brian Rogers,  what's it going to take to build up investor psychology in
Wall  Street?

ROGERS:  Well, Lou, I think what we've seen is a very natural transition this
year away  from some of the higher-flying sectors of 1999. And I think
investors as we  enter the new year will be focused on earnings progression,
what the Fed does  with rates, and I think an awful lot will be determined,
at least in the first  part of the year, on what happens to mutual fund cash
flows.

RUKEYSER:  When will we know that? A week or two from now, or will it take
longer?

ROGERS:  I think we'll see a lot of indications in January. I think the Fed
will meet  several weeks into the new year. I think we'll see trends in
mutual fund cash  flow data evident by the end of January. And then we also
have the January  effect I suppose we can look forward to, to see how the
first month of the  year shakes out.

RUKEYSER: So basically, if things don't look a heck of a lot  better by
mid-January, that's going to be a bad sign.

ROGERS:  You can take the rest of the year off at that point.

RUKEYSER: Thanks for your encouragement. Barbara Marcin, what do  you think?
What's it going to take to pep up the investors?

MARCIN:  Well, I think that we have much more reasonable expectations of
profit and  growth priced into the market here. And I really think that what
happened this  year was it was really a narrow group of stocks that really
led the market  down. It was the same technology and telecommunication stocks
which boomed so  much last year. And last year you could have a reasonable
return which would  look very mediocre if you weren't invested in those
stocks, and this year if  you have a reasonable return, it looks very good,
because the telecom and  technology stocks declined so much. So I think it's
really just been a matter  of resetting expectations, and I think we can
still have a good market here  with a broad number of stocks attractively
priced.

RUKEYSER: So it was a good thing that those jazzed-up fly boys  came down to
earth, huh?

MARCIN:  Well, I think it sets us up for a better year in the stock market
certainly,  yes.

RUKEYSER: Lou Holland, Brian mentioned the Fed. How important is  the Fed in
all this?

HOLLAND:  Well, I think the Fed made a big mistake. I mean they raised
interest rates,  you know, 6 times in 15 months. You know, basically the
economy, inflation was  not an issue at the time that they were raising it.
And now of course they  took money out of the system because they put a lot
in at the end of '99 for  Y2K issues, and now they've taken it out. So really
I think they've dropped  the ball here, and I think that they're going to
have to cut rates here over  the next month or so.

RUKEYSER:  How much impact will that have? Wall Street expects them to do
that  doesn't it?

HOLLAND:  Well, I think it does, Wall Street expects that. But I think,
again, to  see it is to believe it, and I think to the extent that Greenspan
has sort of  been a follower, he has not been a leader. So I suspect that any
positive  action here will be received relatively positively.

RUKEYSER: You mean the markets have led him.

HOLLAND:  That's exactly right.

RUKEYSER: And they're now leading him to a rate cut.

HOLLAND:  Exactly.

RUKEYSER: I  see. Well, I hope Mr. Greenspan understands that. Beth Dater,
what do you  think?

DATER:  Well, that's an interesting point, because I think typically the
stock market  is driven by the economy. What's sort of interesting about the
last  year-and-a-half is that to some extent the economy has been driven by
the  stock market and the wealth effect. And so I think what's going to be
really  important to watch here is the consumer and whether the consumer can
adjust to  a year in the stock market where you may have gains that are more
like eight  percent than 25 or 30 or high double-digit gains.

RUKEYSER: The consumer didn't seem to be too sanguine this  Christmas.

DATER:  No, the consumer seems to be retrenching definitely somewhat here.
And I think  the question will be, back to Brian's point, what will happen
when the  consumers see their fourth quarter results in some of the mutual
fund  business. It's something to watch very closely I think.

RUKEYSER: There was a fall off in the rate of net input into  mutual funds
last month, which is not surprising. What do you think? Why  should people
turn around and put a lot of money into mutual funds  now?

DATER:  Well, I think there's, I think that consumers also have to adjust to
the  fact that, you know, the same 25 stocks aren't going to carry
everything, that  there are areas of diversification, such as fixed income
and value and other  styles of investing, where one can still receive good
returns over time.

RUKEYSER: All right. Now, before we look ahead with our winners  of the year,
let's review where we've been in a year most investors would love  to forget.

The Dow Jones  Industrial Average was the year's first victim, falling nearly
2,000 points  after peaking in mid-January at a record 11,723 -- but then
gained most of it  back, ending with a loss of just over six percent.

The S&P 500  peaked later -- in March -- but recovered less, losing a bit
more than ten  percent for the year.

But the true  carnage was restricted to the Nasdaq, which was butchered by
more than 39  percent.

In contrast,  both the New York and American Stock Exchange composite indexes
-- which track  all the common stocks traded there -- eked out small gains
for the year --  while the small-stock Russell 2000 was down by just 4.2
percent.

Even a bad year  for stocks and a hint of inflation couldn't revive the
fortunes of the  investment world's longest sufferers -- the gold bugs --
whose favorite metal  continued to tarnish. And silver did even worse.

The strong man  of the year was the U.S. dollar, which easily outperformed
all other major  currencies, with a particularly dazzling gain of 12 percent
against the  yen.

Meanwhile, the  U.S. economy continued -- as it has now for nearly ten years
-- what has  become a record expansion -- but new doubts about its durability
arose as  growth slowed in the third quarter to just 2.2 percent and the
fourth quarter  seemed even weaker.

There was a  slight whiff of inflation midway through the year, helped along
by a stunning  rise in oil prices and a period of excess money creation by
Fed officials, who  last year took the Y2K threat too seriously. By November,
there was some  relief -- consumer prices for the past 12 months had
increased 3.4 percent,  ahead of the pace a year ago, but off the summer
highs.

Continuing to  defy old-fashioned economic textbooks, unemployment remained
low, even as  inflation blipped -- and the economy chugged forward. U.S.
unemployment  reached a three-decade low at 3.9 percent, and as of the last
monthly report,  in November, was still holding at just four percent.

Even the  ever-edgy bond market stopped trembling about inflation -- and with
the  prospect of a softer economy, the ghouls rejoiced. The yield on the
30-year  Treasury bond was driven down to 5.46 percent -- more than a full
point lower  than where it was a year ago.

But short-term  rates -- which are more-easily controlled by the Federal
Reserve -- climbed  nearly as much as long rates fell. The average yield on
taxable money-market  funds is now up to six percent.

The year's big  international economic story was oil. From below $11.00 a
barrel just two  years ago, oil climbed over $37.00 this past September
before retreating to  today's $26.80 -- a little more than a dollar higher
than a year  ago.

For the fourth  year in a row, the U.S. trade deficit is setting a record in
2000 -- and next  April will mark a full quarter-century since the U.S. last
saw even a monthly  trade surplus.

And where do we  go from here? The Conference Board's index of so-called
leading economic  indicators has been anemic throughout 2000 with outright
negative readings in  four of the past five months.

Brian Rogers,  which of these numbers, if any, is the one to watch in the
2001  markets?

ROGERS:  Lou, I think the most important thing will be what happens to
corporate  earnings in the first half. Things have been sluggish in the
second half of  this year, and I think as we enter the new year corporate
profitability will  be the most important thing affecting how investors view
markets.

RUKEYSER: And what's your guess on how that will turn out?

ROGERS:  I think we'll have a decent profit year, but when I say decent, Lou,
my best  guess is in the five to seven percent range, and not much more than
that, from  a corporate profitability standpoint.

RUKEYSER: Do you think the markets are expecting that?

ROGERS:  I think the markets are expecting a little bit more than that, which
makes me  think we might continue to have some, again some choppiness in the
first part  of 2001.

RUKEYSER:  Barbara Marcin, what are you going to keep your eye on?

MARCIN:  I'm going to keep my eye on the consumer confidence levels. You
know, we  had three forces which slowed the economy this year: the Federal
Reserve  raising interest rates, high oil and gas prices, and really a sharp
drop off  in consumer confidence as the stock market fell, and that slowed
spending a  lot. And I think that if that were to get much worse or consumers
really  stopped spending, that could spiral a little bit more into companies
incorporating that and having layoffs, and really then we could get a
recession. So that's what I'm keeping my eye on.

RUKEYSER: Consumers have been the heroes and heroines of this  whole
expansion.

MARCIN:  Yes.

RUKEYSER:  There are some signs they're flagging a little, but you want to
see how  much.

MARCIN:  Yes.

RUKEYSER: What's your guess?

MARCIN:  I think that, right now I'm not predicting a recession, so I'm not
predicting  that they're going to flag that much more. We just had, this week
the third  straight month of a fall off in consumer confidence. And I think
that perhaps,  come the new year, we can regain it, but that is what I'm
concerned about.

RUKEYSER: Lou Holland, how about you?

HOLLAND:  I agree with Barbara. I think the consumer sentiment has
deteriorated, and I  think that there's probably a greater than 50-50 chance
that we're probably  going to have a recession. It's sort of the old notion
of the Federal Reserve  pushing on the string in order to get the economy
going by reducing rates or  injecting money into the system. And I'm not so
sure that the system will  swallow it quick enough to stop us from falling
into recession.

RUKEYSER: So you think the Fed has waited far too long.

HOLLAND:  I think so.

RUKEYSER:  Do you think there's a chance that they'll cut more than a quarter
percent  next month?

HOLLAND:  I think it's possible that they could have an interim meeting to
cut, and I  think it's very possible they could cut a half a point.

RUKEYSER:  Beth, can you cheer me up any more?

DATER:  Well, I think it gets down to interest rates, because I think that is
what  will ultimately influence the consumer confidence. I'm a little bit
concerned  about the dollar in here. I mean I think that we have had a huge
amount of  foreign investment also into our capital markets here, and if the
dollar were  to weaken substantially, that might be at risk, and we might see
some  repatriation of some of those foreign investments.

RUKEYSER: All right. Now comes the moment of truth when we turn  the
spotlight on what these folks said twelve months ago.

In what has  been for decades the toughest competition in investing -- the
lists cannot be  changed for any reason during the ensuing twelve months --
it was a tough year  even for our certified geniuses -- though the average of
all our panelists  continued to beat the performance of the S&P 500, let
alone the sagging  Nasdaq.

You can check  all their records on our web site. It will be up after
midnight tonight. As  you'll see, the five who actually defied the odds, and
made you money in 2000,  included the four stalwarts here tonight.

Brian Rogers,  to show what a weird year it was, you were the second-closest
of all our  panelists, behind Marty Zweig, in predicting the Dow's 2000 high
and close --  though even you were too optimistic by nearly 800 and 1,000
points,  respectively. That was good this year.

But in the  far-more-important, actual money-making part of the competition,
you excelled  -- with a portfolio of specific recommendations that, according
to  calculations by our friends at Bloomberg Financial Markets, was up a
whopping  42.5 percent, aided by three timely short sales and a near-double
in Bergen  Brunswig. Congratulations!

ROGERS:  Thank you.

RUKEYSER:  Barbara Marcin, with both you and Brian here, it's clearly the
value  players' night out. While your prediction that the Dow would get above
14,000  turned out to be ridiculously high, you came within 11 points -- 11
points --  of nailing the precise Dow low of 9796.03. And better still, your
portfolio is  up more than 40 percent in this generally-grim year -- thanks
to the best  single pick of any panelist, Everest Reinsurance Holdings --
which rewarded  you with a 222-percent gain. So thanks, Barbara, for bringing
us so much  value!

MARCIN:  Thank you.

RUKEYSER:  Lou Holland, welcome back to your fourth year-end appearance, the
most of  any panelist here tonight, and you earned it. While your high, low
and close  were way off the mark -- a familiar song this year -- your
portfolio was up  more than 28 percent, powered by the more-than-doubling of
Washington Mutual.  Way to go, Lou.

HOLLAND:  Thank you.

RUKEYSER: Beth Dater, this is your third year-end program. And  your cautious
approach to investing in 2000 -- including putting 20 percent of  the
portfolio in three-year Treasury notes -- paid off with an average gain of
more than 7.5 percent. In 2000, that looked awful good. So congratulations,
Beth.

DATER:  Thank you, Lou.

RUKEYSER:  But enough with the compliments -- however well-earned in a year
like this  past one. There's a new, and we hope different, year ahead -- and
what have  you done for us lately? For starters, in our annual triumph of
hope over  experience, let's hear from each of you the true inside word on
the highest  close, the lowest close, and the final close for both the Dow
Jones Industrial  Average and Nasdaq in 2001. And this time, gang, let's all
get it exactly  right.

Brian?

ROGERS:  Lou, for the Dow, I have a high of 12,500, a low of 10,000, and a
close of  11,900. And for the Nasdaq, a high of 3,000, a low of 2,000, and a
close of  2,250.

RUKEYSER: Barbara?

MARCIN:  For the Dow, I have a high of 13,000, a low of 10,500, and a close
of 12,000.  And for Nasdaq, a high of 3,200, a low of 2,500, and a close of
3,000.

RUKEYSER: Lou?

HOLLAND:  For the Dow, I have a high of 12,936, a low of 10,100, and a close
of  12,504. For the Nasdaq, I have a high of 3,090, a low of 2,101, and a
close of  2,842.

RUKEYSER: Beth?

DATER:  Lou, for the Dow, I have a high of 12,175, a low of 9,781, and a
close of  11,740. And for the Nasdaq, a high of 2,834, a low of 2,404, and a
close of  2,734.

RUKEYSER:  Okay. Well, one thing is for sure -- and this is my only
personal,  unqualified guarantee of the night: At least some of them will be
wrong.

But, if you'd  like to see the full predictions, with specific stock
selections, from all 22  of our panelists, all those lists will be included
in tonight's transcript --  which you can get for $7.50 by writing to
Year-End Transcripts, Wall $treet  Week With Louis Rukeyser, Owings Mills,
Maryland 21117 -- or, you can order  on-line, for $10.00, by visiting our web
site at: pbs.org.

And now, let's  see what these fabulous four think are the very best buys for
2001.

Brian?

ROGERS:  Lou, Aon Corp, Cypress Semiconductor, Disney, Exodus Communications,
Fortune  Brands, Hasbro, Morgan Stanley Emerging Markets Fund, Motorola,
Octel, Ryder  (System), Sprint (FON Group), and Unisource Energy.

RUKEYSER: Barbara?

MARCIN:  I'm keeping the two from this year's list that did not perform, and
that's  Cendant and Mattel, and I'm adding Compaq, WorldCom, Lucent, Loral
(Space  & Communications), AT&T Wireless, and Motorola.

RUKEYSER: A little tech in there, hmm?

MARCIN:  Yes.

RUKEYSER:  Tech's going to have a little comeback you think?

MARCIN:  That's right. Tech and telecom maybe.

RUKEYSER: Some of those bleeding people will be very happy to  hear that from
a cautious person like yourself. Lou?

HOLLAND:  Okay, I have Carnival Corp., CEC Entertainment, Ceridian Corp.,
Clorox  Company, Chase Manhattan Bank, Cognos Inc., Intel -- one of your
favorites,  Louis -- Home Depot, Jabil Circuit, Microsoft, and WorldCom.

RUKEYSER: My favorites are the ones that go up. The ones I hate  are the ones
that go down. You know what Will Rogers said, there's nothing  hard about the
stock market. You buy a stock, and when it goes up, you sell  it. If they
don't go up, you don't buy. Beth Dater, your list?

DATER:  Lou, 25% weighting in 3-year U.S. Treasury notes. The balance equally
weighted  in Amgen, Berkshire Hathaway, Cisco Systems, Intel, MedImmune,
Mellon Bank,  Morgan Stanley Dean Witter, Royal Dutch Petroleum,
Schlumberger, Wal-Mart, and  Westwood One.

RUKEYSER:  Hearing as much financial services as I do, is that an interest
rate  forecast as well?

DATER:  It's an interest rate forecast, and also it's a call on valuations,
which I  think are still very interesting in that area.

RUKEYSER: How about some of those fallen giants that you've  picked? That
suggests to me that you don't think it's the end of the world.

DATER: I  do not think it's the end of the world. And I do think it's a time
of some  uncertainty and it's a time to think of preservation of capital
first and  foremost, and therefore, I'm going with some household names at
this point.

RUKEYSER: Especially some that have been knocked so far down  that...

DATER:  Exactly. The valuations are coming into reasonable levels.

RUKEYSER: Brian Rogers, let's hear from you on interest rates.  What do you
think?

ROGERS:  Lou, I think we'll see a normalization of the yield curve this year,
so I  think we'll see short rates fall. The Fed will cut rates probably a
couple of  times. And I think the big gain this year was in the long bond in
calendar  year 2000. I think that game is probably mostly over would be my
best guess.

RUKEYSER:  And short-term rates you don't think are going to fall that much?

ROGERS:  No, I think short-term rates will fall causing the yield curve to
look...

RUKEYSER:  But how much do you think they'll fall?

ROGERS:  I think they'll fall at least 50 or 75 basis points this year.

RUKEYSER: Okay. If we can get that over the next two weeks, that  might help
some of your inflows into your mutual funds.

ROGERS:  Well, we'll be happy then.

RUKEYSER:  Thank you all very much. There we do have to stop. I hope you'll
join me  next week twice -- first, for our regular program when my guest will
be the  incomparable Abby Joseph Cohen -- and then for a very special,
hour-long  "Louis Rukeyser's 2001 Money Guide" -- when my guests will include
four  world-class industrial titans -- true shapers of our future in the year
-- and  the century -- ahead.

Meanwhile, this  has been "Wall Street Week." I'm Louis Rukeyser, wishing you
a happy -- and  infinitely more prosperous -- New Year.

ANNOUNCER: Wall $treet Week With Louis Rukeyser is produced in  association
with Rukeyser Television, Inc., by Maryland Public Television;  made possible
by: Deloitte & Touche. Businesses have always had to face  new challenges.
Who can they turn to now that they face a new economy as well?  For
e-business services, the answer is the people of Deloitte & Touche; by  A.G.
Edwards, providing a full range of personalized financial, retirement and
estate planning. A.G. Edwards, trusted advice, exceptional service; by
OppenheimerFunds. Every year millions of Americans place their financial
futures in the hands of one mutual fund company, OppenheimerFunds. The right
way to invest; by The Kaufmann Fund, a small-company aggressive growth fund;
and by contributions to your PBS station from viewers like you. Thank  you.

[IMAGE]

2001 PANEL  PREDICTIONS

Ralph Acampora

?
DJIA
NASDAQ
High:?
12,700
3,500
Low:
?9,700
1,800
Close
11,400
3,200

?

?

Cablevision  Systems Corp.
Graco
Mercury Computer Systems
Minnesota  Mining & Manufacturing
QUALCOMM
Unisys Corp.
United  Technologies Corp.
Waste Management
Wells Fargo &  Co.

	Laszlo Birinyi

	?
	DJIA
	NASDAQ
	High:?
	13,250
	3,550
	Low:
	10,400
	2,100
	Close:
	13,050
	3,450

	?

	?

	Applera Corp. -  Celera Genomics
	AT&T Wireless Group
	BEA Systems
	Bear  Stearns Companies
	Berkshire Hathaway - Cl "A"
	EMC Corp.
	Goodyear Tire & Rubber Co.
	Lucent Technologies
	Martha  Stewart Living Omnimedia
	NCR Corp.
	Sara Lee Corp.
	UST Inc.

	?
		Ed  Brown

		?
		DJIA
		NASDAQ
		High:
		11,950

		2,900

		Low:
		10,320
		2,260
		Close:
		11,735
		2,810

		?

		Carnival Corp.
		Cisco Systems
		Dollar General Corp.
		Home Depot
		Microsoft  Corp.
		Pfizer
		Safeway
		Staples
		Wal-Mart Stores

		?

Frank Cappiello

?
DJIA
NASDAQ
High:?
Low:
Close:

12,500
10,800
12,100

3,850
2,500
3,800

?

?

Arrow Electronics
AT&T Corp.
Biotech Holders Trust
Christopher & Banks  Corp.
Federated Department Stores FleetBoston Financial  Corp.
Intel Corp.
KV Pharmaceutical Co.
Microsoft Corp.
Oracle Corp.
Regional Bank Holders Trust
United Technologies  Corp.
	Elizabeth Dater

	?
	DJIA
	NASDAQ
	High:?
	12,175
	2,834
	Low:
	???9,781
	2,404
	Close:
	11,740
	2,734

	25%  Weighting:
	3-Year U.S. Treasury  Notes

	75% Equal  Weighting:
	Amgen
	Berkshire Hathaway
	Cisco Systems
	Intel  Corp.
	MedImmune
	Mellon Financial Corp.
	Morgan Stanley Dean  Witter
	Royal Dutch Petroleum Co.
	Schlumberger Ltd.
	Wal-Mart  Stores
	Westwood One

	?
		Alison Deans

		?
		DJIA
		NASDAQ
		High:?
		11,750
		3,650
		Low:
		?10,200
		2,625
		Close:
		11,400
		3,450

		Altera  Corp.
		America Online
		Applied Materials
		Enron Corp.
		Lucent  Technologies
		Morgan Stanley Dean Witter
		Viacom

Harvey Eisen

?
DJIA
NASDAQ
High:?
Low:
Close:

13,500
??8,900
12,300

4,100
1,900
3,100

?

?

Acceptance Insurance  Companies
Bank One Corp.
Cendant Corp.
Citigroup
CNA  Financial Corp.
Leggett & Platt
Mueller Industries
Plains  Resources
Riddell Sports
WebMD Corp.
Whitman Education  Group
	Mary Farrell

	?
	DJIA
	NASDAQ
	High:?
	12,700
	5,500
	Low:
	10,100
	2,330
	Close:
	12,500
	4,600

	?

	America Online
	Amgen
	Bank of New York Co.
	Bed Bath & Beyond
	Cisco  Systems
	Home Depot
	JDS Uniphase Corp.
	Johnson & Johnson
	Merrill Lynch & Co.
	Nortel Networks Corp.
	Texas  Instruments
	Verizon Communications

	?
		Tom Gallagher

		?
		DJIA
		NASDAQ
		High:?
		12,000
		2,700
		Low:
		?9,800
		2,200
		Close:
		12,000
		2,700

		?

		?

		Banco  Latinoamericano
		????????de  Exportaciones, S.A.
		Bear Stearns Companies
		Campbell Soup Co.
		Diebold
		Gentex Corp.
		Germany Fund
		Intel Corp.
		Microsoft Corp.
		Northrop Grumman Corp.
		Phillips Petroleum  Co.
		PIMCO European Bond Fund
		Transocean Sedco Forex

		?

Francis Gannon

?
DJIA
NASDAQ
High:?
Low:
Close:

12,700
10,400
12,250

4,000
2,200
3,400

?

?

Amdocs Ltd.
BEA Systems
Bristol-Myers Squibb Co.
Chase Manhattan Corp.
El Paso Energy Corp.
Enron Corp.
Gap, Inc.
Immunex Corp.
Juniper Networks
Lehman Brothers Holdings QUALCOMM
Target  Corp.

?
	Kim Goodwin

	?
	DJIA
	NASDAQ
	High:?
	12,812
	3,250
	Low:
	?10,315
	2,350
	Close:
	12,400
	3,000

	?

	?

	Amgen
	Comerica
	Conseco
	Genentech
	Juniper Networks
	ONI  Systems Corp.
	PepsiCo
	Stilwell Financial
	Texas Instruments
	VERITAS Software Corp.
	Wal-Mart Stores
		Louis Holland

		?
		DJIA
		NASDAQ
		High:?
		12,936
		3,090
		Low:
		?10,100
		2,101
		Close:
		12,504
		2,842

		?

		?

		Carnival Corp.
		CEC Entertainment
		Ceridian Corp.
		Clorox Co.
		Chase  Manhattan Corp.
		Cognos
		Intel Corp.
		Home Depot
		Jabil  Circuit
		Microsoft Corp.
		WorldCom

Michael Holland

?
DJIA
NASDAQ
High:?
Low:
Close:

12,500
10,200
12,375

3,025
2,400
3,010

?

?

FORTUNE e-50  Index Fund
FORTUNE 500 Index Fund
Intel Corp.
Microsoft Corp.
Varian Semiconductor Equipment
	John Kim

	?
	DJIA
	NASDAQ
	High:?
	12,400
	3,100
	Low:
	?9,200
	2,300
	Close:
	12,100
	3,000

	?

	?

	Aetna
	Allmerica Financial Corp.
	America Online
	JDS Uniphase Corp.
	Lehman Brothers Holdings
	Lincoln National Corp.
	Nortel  Networks Corp.
	Xilinx
	Yahoo!

		Gretchen Lash

		?
		DJIA
		NASDAQ
		High:?
		11,825
		3,000
		Low:
		10,000
		2,200
		Close:
		11,800
		2,500

		?

		Bed Bath &  Beyond
		Capital One Financial Corp.
		Carnival Corp.
		Cox  Communications
		Household International
		Lilly (Eli) & Co.
		Medtronic
		Schering-Plough Corp.
		Strong High-Yield Bond Fund
		Vanguard High-Yield
		????????Corporate Bond Portfolio

		?

Barbara Marcin

?
DJIA
NASDAQ
High:?
Low:
Close:

13,000
10,500
12,000

3,200
2,500
3,000

?

?

AT&T  Wireless Group
Cendant Corp.
Compaq Computer Corp.
Loral  Space & Communications
Lucent Technologies
Mattel
Motorola
WorldCom
	Roger McNamee

	?
	DJIA
	NASDAQ
	High:?
	12,000
	3,200
	Low:
	10,500
	2,300
	Close:
	12,000
	3,200

	?

	?

	Agile Software  Corp.
	BEA Systems
	Cabletron Systems
	E.piphany
	Ericsson  (LM)
	Extreme Networks
	Flextronics International Ltd.
	Informatica Corp.
	i2 Technologies
	Juniper Networks
	Peregrine Systems
		Brian Rogers

		?
		DJIA
		NASDAQ
		High:?
		12,500
		3,000
		Low:
		10,000
		2,000
		Close:
		11,900
		2,250

		?

		?

		Aon Corp.
		Cypress Semiconductor Corp.
		Disney (Walt) Co.
		Exodus  Communications
		Fortune Brands
		Hasbro
		MSDW Emerging Markets  Fund
		Motorola
		Octel Corp.
		Ryder System
		Sprint Corp. (FON  Group)
		Unisource Energy Corp.

		?

Nick Sargen

?
DJIA
NASDAQ
High:?
Low:
Close:

11,600
?9,600
11,400

3,150
1,950
2,900

?

Alcatel  SA
Allstate Corp.
McDonald's Corp.
Nestle SA
Southern Co.
Sun Microsystems
TOPIX (Japanese Stock Market)
Vitesse  Semiconductor Corp.
WorldCom

Currencies:
Long Euro versus Yen

Bonds:
Merrill Lynch High-Yield Index

?
	Liz Ann Sonders

	?
	DJIA
	NASDAQ
	High:?
	13,500
	3,800
	Low:
	10,200
	2,400
	Close:
	13,000
	3,500

	?

	?

	Applera Corp. -  Applied Biosystems
	BEA Systems
	Brocade Communications Systems
	CIENA Corp.
	Citigroup
	Enron Corp.
	Home  Depot
	Interwoven
	Nokia
	Nuance Communications
	Texas  Instruments
	VERITAS Software Corp.
		Robert Stovall

		?
		DJIA
		NASDAQ
		High:?
		12,735.73
		4,075.73
		Low:
		9,295.75
		2,015.75
		Close:
		12,675.29
		3,675.43

		?

		?

		Archer-Daniels-Midland Co.
		Chase Manhattan Corp.
		DIMON
		Developers Diversified Realty
		FedEx Corp.
		Lowe's  Companies
		Motorola
		Norfolk Southern Corp.
		Palm
		Petroleum  Geo-Services ASA
		Seitel
		Williams Companies

Martin Zweig

?
DJIA
NASDAQ
High:?

13,375

3,350

Low:
10,610
2,270
Close:
13,170
2,570

?

?

ACE Ltd.
Amgen
BEA Systems
Bristol-Myers Squibb Co.
Brocade Communications  Systems
Dime Bancorp
Freddie Mac
Home Depot
Ingersoll-Rand  Co.
St. Paul Companies
Tyco International Ltd.
Washington  Mutual

		?

Copyright  , 2001. Maryland Public Television. All rights reserved.

?


---------------------- Forwarded by Andrea Ring/HOU/ECT on 07/11/2000 04:40
PM ---------------------------

John Craig Taylor
06/14/2000 12:05 PM
To: Sandra F Brawner/HOU/ECT@ECT, Andrea Ring/HOU/ECT@ECT, Susan W
Pereira/HOU/ECT@ECT
cc:
Subject:

> Subject: Fw: Funny quotes from famous people!!
>

> > > > > Ah, yes, divorce......., from the Latin word
> > > > > meaning to rip out a man's
> > > > > genitals through his wallet.
> > > > > Robin Williams
> > > > > -------------------------------------------------------
> > > > > Women complain about premenstrual syndrome, but I
> > > > > think of it as the only
> > > > > time of the month that I can be myself.
> > > > > Roseanne
> > > > > -------------------------------------------------------
> > > > > Women need a reason to have sex. Men just need a
> > > > > place.
> > > > > Billy Crystal
> > > > > -------------------------------------------------------
> > > > > You can say any foolish thing to a dog, and the
> > > > > dog will give you a look
> > > > > that says, "My God, you're right! I never would've
> > > > > thought of that!"
> > > > > Sean Connery
> > > > > ------------------------------------------------------
> > > > > According to a new survey, women say they feel
> > > > > more comfortable
> > > > > undressing in front of men than they do undressing
> > > > > in front of other women.
> > > > > They say that women are too judgmental, where, of
> > > > > course, men are just
> > > > > grateful.
> > > > > Robert De Niro
> > > > > -------------------------------------------------------
> > > > > I am not the boss of my house. I don't know how I
> > > > > lost it. I don't know
> > > > > when I lost it. I don't think I ever had it. But
> > > > > I've seen the boss's job
> > > > > and I don't want it.
> > > > > Bill Cosby
> > > > > ------------------------------------------------------
> > > > > In the last couple of weeks I have seen the
> > > > > ads for the Wonder Bra. Is
> > > > > that really a problem in this country? Men not
> > > > > paying enough attention to
> > > > > women's breasts?
> > > > > Hugh Grant
> > > > > ------------------------------------------------------
> > > > > We have women in the military, but they don't put
> > > > > us in the front lines.
> > > > > They don't know if we can fight or if we can kill. I
> > > > > think we can. All the
> > > > > general has to do is walk over to the women and say,
> > > > > "You see the enemy over
> > > > > there? They say you look fat in those uniforms."
> > > > > Elayne Boosler
> > > > > -------------------------------------------------------
> > > > > There's a new medical crisis. Doctors are
> > > > > reporting that many men are
> > > > > having allergic reactions to latex condoms. They say
> > > > > they cause severe
> > > > > swelling. So what's the problem?
> > > > > Dustin Hoffman
> > > > > ------------------------------------------------------
> > > > > When the sun comes up, I have morals again.
> > > > > Elizabeth Taylor
> > > > > -------------------------------------------------------
> > > > > There's very little advice in men's magazines,
> > > > > because men don't think
> > > > > there's a lot they don't know. Women do. Women want
> > > > > to learn. Men think, "I
> > > > > know what I'm doing, just show me somebody naked."
> > > > > Jerry Seinfield
> > > > > -------------------------------------------------------
> > > > > Instead of getting married again, I'm going to
> > > > > find a woman I don't
> > > > > like and just give her a house.
> > > > > Rod Stewart
> > > > > -------------------------------------------------------
> > > > > See, the problem is that God gives men a brain
> > > > > and a penis, and
> > > > > only enough blood to run one at a time.
> > > > > Robin Williams
> > > > >
> > > > >
> > > > >
> > > >


---------------------- Forwarded by Chris Germany/HOU/ECT on 08/07/2000 08:41
AM ---------------------------

"CustomerNotices, WGPHOU" <WGPHOU.CustomerNotices@Williams.com> on 08/01/2000
09:28:47 AM
To:
cc:
Subject: Transco - Cash Out Indices/July 2000

Media Inquiries: Chris Stockton
                 (713) 215-2010
Other Inquiries: Rate Department 1-800-248-0404 Option #7
July 1, 2000

To:  Transcontinental Gas Pipe Line Corporation Customers
     and Shippers

Re:  Cashout Indices - July 2000

    FT                   AVG.          BUY        SELL
  ------                ------        ------     ------
  Zone 1                3.9610        3.5900     4.2700
  Zone 2                4.0020        3.6325     4.3100
  Zone 3                4.0430        3.6750     4.3500
  Zone 4                4.0638        3.6941     4.3722
  Zone 5                4.1539        3.7770     4.4683
  Zone 6                4.2286        3.8457     4.5480

    IT                   AVG.          BUY        SELL
  ------                ------        ------     ------
  Zone 1                3.9610        3.5900     4.2700
  Zone 2                4.0020        3.6325     4.3100
  Zone 3                4.0430        3.6750     4.3500
  Zone 4                4.0957        3.7260     4.4041
  Zone 5                4.3015        3.9246     4.6159
  Zone 6                4.4618        4.0789     4.7812

   FTG                   AVG.          BUY        SELL
  ------                ------        ------     ------
  Zone 1                3.9610        3.5900     4.2700
  Zone 2                4.0020        3.6325     4.3100
  Zone 3                4.0430        3.6750     4.3500
  Zone 4                4.1168        3.7471     4.4252
  Zone 5                4.3997        3.0228     4.7141

                         AVG.          BUY        SELL
                        ------        ------     ------
  FTNT                  4.0520        3.6800     4.3700

For information concerning cashout transactions, please contact
Orie Harris at (713)215-4390.


Just a reminder that I will be out of the office on Wednesday 11/21/01.  If you need assistance, Becky can help you and she can reach me if needed.

Ina


This will follow up on my conversation with you in the elevator a few days
ago about the above-referenced matter.  Given Eric's departure, I mentioned
to you  the Unit wanted to be able to help out with the usual December
outside counsel estimated bills if you needed us.  The lesson that I have
learned in the past is that the sooner we let outside counsel know how much
of December's actual time you want reflected (if any) versus how much
estimated time you want reflected, the easier it is for the law firms to get
that done.

We're standing by to help.

Britt


Looks good.  Jake Thomas signed for us, so signature block on our executed
version has him instead.


Robert, our CNG/Cove Point meter is set up and we can fix the 19th.  I just
entered deal 253505 moving gas from CNG to Cove Point.

thanks


---------------------- Forwarded by Tori Kuykendall/HOU/ECT on 03/03/2000
12:32 PM ---------------------------

	From:  Garrett Tripp                           03/03/2000 11:28 AM

To: Mike Grigsby/HOU/ECT@ECT, Tori Kuykendall/HOU/ECT@ECT, Frank
Ermis/HOU/ECT@ECT, Matthew Lenhart/HOU/ECT@ECT
cc:
Subject: Fwd: wazzzup 2nd version

---------------------- Forwarded by Garrett Tripp/PDX/ECT on 03/03/2000 11:23
AM ---------------------------

Carla Hoffman
03/03/2000 08:05 AM
To: Cara Semperger/PDX/ECT@ECT, Garrett Tripp, Phillip Platter/HOU/ECT@ECT,
Julie Sarnowski/HOU/ECT@ECT
cc:
Subject: Fwd: wazzzup 2nd version

---------------------- Forwarded by Carla Hoffman/PDX/ECT on 03/03/2000 08:08
AM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  Donnie Vinson <donnnie97@yahoo.com>
03/03/2000 08:00 AM

To: jeeppeople@aol.com, monstikalande@yahoo.com, carla.hoffman@enron.com,
jeffrey.miller@enron.com
cc:
Subject: Fwd: wazzzup 2nd version

Note: forwarded message attached.

__________________________________________________
Do You Yahoo!?
Talk to your friends online with Yahoo! Messenger.
http://im.yahoo.com
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To: "Scot Crilly" <texas.net.scrilly@haynesboone.com>,
<hcrs1@home.com>,<cmcinturff@rya.com>, <anneguidry@smmff.com>,
<dionnerobinson@smmff.com>, <dave98@texas.net>, <trisha@trishacampbell.com>,
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Subject: wazzzup 2nd version
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too damn funny

 - waz.avi


Shirley,

Yes. No problem.

Vince

Shirley Crenshaw
03/21/2001 02:38 PM
To: vkaminski@aol.com, Vince J Kaminski/HOU/ECT@ECT
cc: Anita DuPont/NA/Enron@ENRON
Subject: Dinner speaker - May 23

Vince:

Michael Crew would like you to be a speaker on Wednesday, May 23rd
instead of the 24th at the Rutgers Conference.  Is this ok?

He is preparing the agenda and needs to know as soon as possible.

Shirley

---------------------- Forwarded by Shirley Crenshaw/HOU/ECT on 03/21/2001
02:31 PM ---------------------------

"Michael A. Crew" <mcrew@andromeda.rutgers.edu> on 03/21/2001 10:07:52 AM
To: shirley.crenshaw@enron.com
cc: vkamins@enron.com, crri@andromeda.rutgers.edu,
kleindorfer@wharton.upenn.edu
Subject: Dinner speaker - May 23

Shirley,

This is to follow up today's conversation with Anita.  As mentioned Paul
Kleindorfer invited Vince to be our dinner speaker on Thursday, May 24.  On
reflection given the strong line up for Wednesday - Fred Kahn et al - we
would very much like Vince to be the speaker on Wednesday.  This will
conclude the day very well giving participants a strong incentive to be there
for the Wednesday.

I gather that this change should be acceptable to Vince.

We will show Vince's name as follows:

Wincety J. Kaminski

Managing Director - Research

ENRON

Jeremy will be em ailing you the program with this information immediately.

We would like to go to press today.  Failing that we can go to press
tomorrow.  We would very much appreciate your confirming this and making any
corrections or changes.  If you would respond to all of us it would be
appreciated.

Michael
Michael A. Crew
Professor II
Director - Center for Research in Regulated Industries
Editor - Journal of Regulatory Economics
Rutgers University, Graduate School of Management
180 University Avenue
Newark, N.J. 07102-1897

phone: 973 353 5049   fax:  973 353 1348
http://www-rci.rutgers.edu/~crri


It is possible to filter "our" critical messages from our applications and allow them to be sent externally.  I will continue to work with the messaging team to put together guidelines to address our requirements and issues.

I believe that each type of emergency will define some of our options.  For example in this weeks virus, messages from applications would not spread the virus.  This virus was spread if you clicked the link (X rated)--at that point everyone in your "sent" log would get the message, sometimes many messages.  We may have still blocked incoming messages on this emergency, but outgoing from applications wouldn't impacted others.  Pointing to Omaha in this case would not have worked.

I will keep everyone posted on the status as I move forward with the messaging team.

If you have any questions, please call.   Thanks.  Jean 713-859-6238

 -----Original Message-----
From: 	Holmes, Bradley
Sent:	Wednesday, December 19, 2001 8:31 AM
To:	Hotte, Steve; Abshire, Scott; McFarland, Jean
Cc:	Blair, Lynn; Corman, Shelley; Nacey, Sheila; Sawyer, Lisa; Daze, Don
Subject:	Outbound TMS Messages

With yesterday's e-mail outage behind us, I think we need to investigate the ability to keep outbound TMS messages and Critical Notices flowing during these periods of virus infiltration.  TMS generates cut notices after each scheduling cycle and with extended outages of mailman.enron.com, we are losing a critical channel of communication to customers.  Customers rely on these messages to inform them of business changes.  In addition, ETS critical notices generated by X-12 cannot be sent out during these periods.  They are called "critical notices" because of the immediacy of when a customer needs to react.

I do think we need to know the following:

1.  Could a message generated by TMS cause further infection of the e-mail systems?
2.  Can the critical notices cause further infection of Enron's e-mail systems?
3.  Is it possible to keep outbound messages from systems other than Exchange flowing during virus interruptions?

This is a significant reliability issue and ETS customer communications were disrupted for approximately 8 hours yesterday.  Please let me know how we should proceed.


---------------------- Forwarded by Larry F Campbell/HOU/EES on 08/01/2000
02:03 PM ---------------------------

	Enron Energy Services

	From:  JoAnn Lavine                           08/01/2000 02:01 PM

To: Larry F Campbell/HOU/EES@EES
cc: Susan Weison/HOU/EES@EES
Subject: Suiza

Larry,  Please be advised that the three (3) Suiza/Tuscan Dairy accounts in
Union, NJ behind Elizabethtown are ready to receive supply from EES beginning
September 1, 2000.  Any questions, please call.


I am helping Bob Frank prepare an oeuvre on DG for several states, and of
course, the land of fruit and nuts is number one on the list.   I didn't want
to bother you, but I was not able to get much off the California website, so
can you look over this attachment and see if you have anything to add.  The
categories are General Rules and Current Regulatory Activity, Incentives
(Stacy Bolton got those), Interconnection, Standby Service (Lynette is
getting), Exit Fees and Siting and Permits.  I would think net metering is
also relevant, although Bob did not identify that.

I thank you for anything you can give me.


I did.  Just got back.  Doctor says I'm just a whiner and I should go back to
work.  DF

	From:  Bob Chandler                           06/29/2000 01:10 PM

To: Drew Fossum/ET&S/Enron@ENRON
cc:

Subject: Re: ET&S 2nd Quarter Earnings

Thanks for your 3 messages.  Appreciate your responsiveness.  ...and try a
physician!


don't worry about it :)

Shanna Husser@ENRON
06/30/2000 10:58 AM
To: Eric Bass/HOU/ECT@ECT
cc:
Subject: Re: Cancun

Looks nice.  I just had my meeting with my V.P.- looks like I will be doing
my next rotation through EES tax (starts Aug 15th).  I hear it is a real good
group to work with (real smart and nice people)- but I think they put in a
lot of overtime- especially during federal compliance and some during state
compliance time.  Anyway- state compliance is in September and October- so
going before I rotate in August  might not be a bad idea- although I really
think they would let me take vacation whatever time I asked for.  Side
thought- when in the hell am I going to study for the CPA- especially since I
have NO motivation and I am about to enter a group that has lots of OT.  You
do realize that I am never going to pass that exam- and I'll probably lose my
job- and then either you or my family will just have to take care of me.  I
am feeling a little stressed/anxious today for some reason- in case you
didn't pick up on that.  I definately feel like I need a vacation.

	From:  Eric Bass @ ECT                           06/30/2000 10:23 AM

To: Shanna Husser/Corp/Enron@Enron
cc:

Subject: Cancun

check out this site.  louise starts school aug 14, so if we all go it would
have to be before then.
---------------------- Forwarded by Eric Bass/HOU/ECT on 06/30/2000 10:22 AM
---------------------------
To: Eric Bass/HOU/ECT@ECT
cc:
Subject: Cancun

Check out www.palaceresorts.com and go to Moon Palace.  Runs about $1200 for
a 3 night stay/couple.  I am not full of shit, I will do it.


----- Forwarded by Richard B Sanders/HOU/ECT on 11/20/2000 09:35 AM -----

	Susan J Mara@ENRON
	11/17/2000 06:30 PM

		 To: James D Steffes/NA/Enron@Enron, Jeff Dasovich/NA/Enron@Enron, Richard B
Sanders/HOU/ECT@ECT
		 cc:
		 Subject: Chairman Hoecker's questions from Nov. 1 hearing

This is not good.  It seems as if Rozja (Peace's right hand man) or the CPUC
handed Hoecker the questions and he said:  "Oh, I'll take care of getting the
answers to these for you!"  Ron Carroll at Bracewell said he would work with
the CPUC subpoena group in addressing these.
----- Forwarded by Susan J Mara/NA/Enron on 11/17/2000 04:25 PM -----

	"Nancy Pickover" <npickover@bracepatt.com>
	11/17/2000 03:00 PM

		 To: <Christi.L.Nicolay@enron.com>, <donna.fulton@enron.com>,
<marcie.milner@enron.com>, <mary.hain@enron.com>, <smara@enron.com>,
<snovose@enron.com>
		 cc: "Ronald Carroll" <rcarroll@bracepatt.com>
		 Subject: Chairman Hoecker's questions from Nov. 1 hearing

Attached is a list of questions Chairman Hoecker has proposed to parties that
spoke at the Nov. 1 (I believe FERC means the 9th) meeting.  All but No. 3
are  directed to Enron and the responses are due on Wednesday the 22nd.

 - EL00-95.1


Your getting way to complicated.   This product may not trade much and until
it does we can do most things manually.


I'll have a look!

I haven't much time, but can certainly
get you a quick reaction, at least!

Best, Darrell

> X-Lotus-FromDomain: ECT
> From: "Vince J Kaminski" <Vince.J.Kaminski@enron.com>
> To: duffie@Stanford.EDU
> Date: Thu, 10 Aug 2000 14:04:47 -0500
> Subject: Full version
> Mime-Version: 1.0
> Content-Disposition: inline
> X-UIDL: 9fef7462afa5d4ee6c04c9c02df71b25
> X-Keywords:
>
>
>
> Darrell,
>
> Grant just alerted me that I sent you only  part of the text.
>
> Here is the full chapter with an aged version of Gran't part.
> What I sent you represents an update of his contribution.
>
> Sorry for that.
>
> Vince
>
>  (See attached file: vol0720.DOC)

_____________________________________________
Darrell Duffie
mail  GSB Stanford CA 94305-5015 USA
phone 650 723 1976
fax   650 725 7979
email duffie@stanford.edu
web   http://www.stanford.edu/~duffie/
_____________________________________________


I checked with my boss Mark Taylor, VP and General Counsel, and he said it
was OK to send you our templates forms.  Per our Confirmation Desk, there are
many more Physical templates for all of these commodities, but these are the
basic Firm delivery templates.

Nat Gas/Liquids-Financial:

Nat Gas-Physical:

Power Financial:

Power Physical:

Coal Financial: Same as Nat Gas Financial

Still waiting on Coal Physical and Liquids Physical.


In support of Enron,s continuing efforts to increase its return on invested
capital and direct resources towards our highest return businesses, David
Haug, Chairman and CEO of Enron CALME, Jim Hughes, President and COO of Enron
APACHI, Joe Kishkill, Managing Director of Enron South America, and Frank
Stabler, formerly a Managing Director of Enron CALME, will join Mark Metts in
a corporate wide effort, to help monetize some of Enron,s assets.  David will
help transition the CALME business activities into other parts of Enron while
working with Mark on the asset monetization projects.  David will continue as
an Executive Vice President for Enron Corp and a member of Enron,s Executive
Committee.  Cliff Baxter will oversee this effort.

Consistent with these changes, the CALME group will be divided as follows.
Enron Global LNG and Enron,s Caribbean Basin activities will become part of
the new Enron Global Markets (EGM) group headed by Mike McConnell.  Rick
Bergsieker, President/COO of LNG will continue in that role and in his dual
role as President/COO of Enron Middle East, which will also join EGM. Shawn
Cumberland, President and COO of the Caribbean Basin unit and his executive
team will carry out the transition process for the Caribbean business unit's
people and businesses as part of EGM.  Management of its Colombia and
Venezuela businesses will transfer to Enron South America and its LNG-related
activities to EGM as described above.

The EES related initiatives and people will be transferred to those units.
All of the various international businesses will participate as usual in the
upcoming budget process with their new alignment and continue to meet their
plan targets for 3rd and 4th quarters.

Concurrently, we are consolidating our trading and merchant activities in
Japan and Australia into Enron Europe.  Joe Hirl and Paul Quilkey will report
to Enron Europe,s Office of the Chairman.

We congratulate David Haug and Rebecca McDonald for proposing these
realignments, which we agree, will maximize both the financial and
intellectual capital in Enron.  Over the coming weeks, specific assignments
and reporting relationships will be determined and communicated.


Please reserve a conference room for up to 7 people for 1 hour on Wednesday,
April 12th around 2:30pm.

thanks


SK - I forwarded this to the group too.  mm

The Southeast RTO orders are out and have followed through with what we
expected from the discussion at the FERC meeting.

The SPP and Entergy RTO proposals have been rejected because they fail to
satisfy the scope and configuration requirements of Order No. 2000.  The
Commission  notes that the required discussions between SPP and Entergy and
its neighboring RTO/TOs has led to no increase in the original scope and
configuration.  The filings by SPP and Entergy were brief, indicating only a
lack of interest by other RTOs or utilities in joining to enlarge scope; they
failed to specify any details of the talks, what changes could be made or
what could be fixed to accomodate combination with other RTOs.  The order
states that the Commission favors the development of large, regional
transmission organizations reflecting natural markets.  The Commission
indicates that they favor four RTOs - NE, SE, MW and West.  Therefore the
order requires the participants in SPP and Entergy to participate in
settlement discussions as set out in the mediation order.  Note that these
meetings will start next Tuesday, July 17 before a FERC ALJ.

The Southern Company RTO is also found by the FERC to fail the scope
characteristics of Order No. 2000.  The order finds that Southern's approach
to focus on MOUs and seams issues with its neighbors is inadequate.  The
order states, "We reiterate: the Commission's goal is to have a single RTO in
the Southeast, and to have that single RTO operational as soon as possible."
The Commission recognizes that start-up costs in forming a larger RTO may be
more, but that over the longer term, large RTOs will foster market
development, will provide increased reliability and will result in lower
wholesale electricity prices.  The order therefore directs the parties to the
mediation as stated above.

The Grid South participants are also directed to the mediation which is
starting on next Tuesday.  It is a lengthier order with more details on other
aspects of RTOs, including Independent Board requirement, congestion
managment, interconnection procedures, planning process and CBM.  Therefore,
I am attaching a summary of the order.  One of the important findings of the
order is that GridSouth is not sufficiently independent; the Applicant TOs
are making policy decisions that should be made by an independent board.
Therefore, the order requires GridSouth to install an independent board and
file a compliance filing within 90 days.

If anyone wants copies of the orders, let me know.


i wasn't that drunk on saturday.  i was just joking.  i felt great on
saturday.  like a champ.  people get married younger than you?  wow.  what
the hell do they do if they get married that early?


PLEASE DO NOT RESPOND TO THIS E-MAIL--THIS ACCOUNT IS NOT MONITORED

AP User:

Attached is/are the payment proposal(s) for your business unit.  Please review and forward to your approver(s)/CAO.

Thank you.
SAP AP Team
 - 20020109-ENWE.XLS


Mike,

Please find attached GE's monthly report.

Chris


This was forwarded to me by a partner who has ended up on Baker
McKensie's e-mail distribution list.I don't know if Enron uses
Baker&Mckensie but you might want to ask them to reconsider their marketing
pitches. I assume they at least screened your lawyers from this
distribution.  Joe
-----Original Message-----
From: Holmes, Pat
Sent: Wednesday, October 31, 2001 5:33 PM
To: Dilg, Joe
Subject: FW: E-Notes: Risk Considerations for Enron Counterparties:
Failure to Exercise Rights May Constitute Waiver

I thought you might be interested in this.  Mike Zimmer is a partner with
Baker and McKenzie in DC.  Pat Holmes
-----Original Message-----
From: Zimmer, Michael J [mailto:Michael.J.Zimmer@BAKERNET.com]
Sent: Wednesday, October 31, 2001 3:22 PM
Subject: E-Notes: Risk Considerations for Enron Counterparties: Failure
to Exercise Rights May Constitute Waiver

>  <<...OLE_Obj...>>
> E-Notes provides regular briefings on new developments in global energy
> and public utility law.
>
> October 31, 2001
>
> RISK CONSIDERATIONS FOR ENRON COUNTERPARTIES:
> FAILURE TO EXERCISE RIGHTS MAY CONSTITUTE WAIVER
>
>
> 	The reduction by Moody's Investor Service Inc. of Enron Corp.'s
> senior unsecured long-term debt to Baa2 from Baa1 this week may be an
> issue of concern for companies that are counterparts to Enron obligations.
> This downgrade may have immediate consequences under existing transactions
> with Enron given that its current credit rating is now two levels above
> non-investment grade.  Any further downgrade into non-investment grade
> levels could seriously affect relationships between counterparties and
> Enron, and possibly Enron counterparties and their counterparties.
>
> 	Enron is the principal in nearly one-quarter of all electricity and
> natural gas trades in the United States.  For Enron's power and gas
> trading counterparties, a credit event such as a downgrade by Moody's may
> precipitate certain obligations under the terms of their trading
> transactions.  For example, any downgrade, not just a downgrade resulting
> in a sub-investment grade rating, may entitle a counterparty to require
> Enron to provide additional credit in support of Enron's purchase
> obligations.  Counterparties should examine all power, gas or other
> commodity purchase and sale documentation to confirm whether they possess
> this right.  The failure to exercise this right may constitute a waiver
> and foreclose access to critical performance and payment assurance,
> threatening to alter the risk assessment and mitigation considerations
> upon which the transactions were originally based.  Furthermore, a failure
> to declare a credit event or default against Enron could cause a default
> on the part of the counterparty itself in collateral or ancillary
> arrangements, such as its financing.  The potential for a domino effect,
> causing defaults or credit events in a series of transactions, is
> considerable.
>
> 	It is uncertain whether Enron's efforts to obtain new lines of
> credit will be sufficient to overcome the current difficulties.
> Regardless, it is prudent to review the terms of existing transactions
> with Enron or its affiliates, including any guarantees or other forms of
> corporate credit support.  It is also advisable to examine the terms of
> transactions dependent on, or otherwise ancillary to, transactions with
> Enron or its affiliates to avoid any consequential effects of the Enron
> credit ratings downgrade.
>
> 	For further information on how Enron's current financial situation
> could impact your firm's transaction risk profile, please contact Michael
> Zimmer at 202.452.7055 or michael.j.zimmer@bakernet.com, Jonathan W.
> Gottlieb at 202.452.7084 or jonathan.w.gottlieb@bakernet.com or Samir
> Desai at 202.452.7057 or samir.s.desai@bakernet.com .
>
> Michael J. Zimmer
> Jonathan W. Gottlieb
> Samir S. Desai
>
>
>
>
> __________________________________________________________________________
> __
> E-Notes is a publication of Baker & McKenzie.  It does not constitute
> legal advice or a legal opinion on any specific facts or circumstances.
> The contents are intended as general information only.  You are urged to
> consult your attorney concerning your situation and specific legal
> questions you may have.  For further information on the subjects discussed
> in E-Notes, contact Michael J. Zimmer,
> mailto:michael.j.zimmer@bakernet.com or
> Jonathan W. Gottlieb, mailto:jonathan.w.gottlieb@bakernet.com.
>
> For more information about BAKER & McKENZIE and our global energy and
> utility practice, click on our electronic business card:
>  <<...OLE_Obj...>>
>
> or visit our website at <http://www.bakerinfo.com/Practice
> Areas/nabfmp/energy/!viewme.htm> .
>
>
>
                                         ++++++CONFIDENTIALITY NOTICE+++++
The information in this email may be confidential and/or privileged.  This
email is intended to be reviewed by only the individual or organization
named above.  If you are not the intended recipient or an authorized
representative of the intended recipient, you are hereby notified that any
review, dissemination or copying of this email and its attachments, if any,
or the information contained herein is prohibited.  If you have received
this email in error, please immediately notify the sender by return email
and delete this email from your system.  Thank You


Alan,

Attached is a redline version of the agreement previously discussed.  Let me
have your thoughts regarding these changes.

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


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Dear Randy,  I'm Washington Bureau Chief Peter Cook filling in for Jay Rickerts.   Just a reminder - On Friday, Houston Correspondent Kim Benestante is live in Cairo, Egypt covering the OPEC meeting.  Join us tomorrow as Kim brings us the latest on possible oil production cuts beginning in January.      We'll also have more reaction from here in Washington to the OPEC meeting.  American Petroleum Institute Chief Economist John Felmy, Ph.D., will share his thoughts on the cartel's moves and what they might mean for the U.S.  Also during the 12:00 p.m. ET newscast, The Petroleum Finance Company Senior Market Analyst George Beranek will give us his assessment of the market if OPEC follows through with a production cut.   The Federal Energy Regulatory Commission has had a very busy year - from the California crisis to the crisis at Enron, the Commission has had a full docket.  On Friday during the 10:00 a.m. ET newscast, we'll hear what former FERC Chairman James Hoecker thinks about the past year at the FERC and what issues may surface during the New Year.   As the year draws to a close, the Houston bureau will take a look back at one of the biggest energy stories - the collapse of the energy giant, Enron.  Houston Bureau Chief Myra Jolivet says on Friday, the Houston bureau will review the timetable of Enron's demise, the effects of its bankruptcy filing, layoffs and the company's downgraded credit rating.    As Texas deregulation nears, competition in the market is heating up among retail energy providers.  The Houston bureau says the Texas Public Utility Commission set the price to beat for areas in the state, and competing retail energy providers are beating those prices.  We'll have all the details from the Houston bureau on Friday.   West Coast Correspondent Kym McNicholas says on Friday, California Senator Debra Bowen talks about what to expect from the legislature in the first few weeks of 2002.  Kym says possible topics of discussion include the issuance of the state's $12.5 billion in energy bonds, the California Power Authority and plans to get Southern California Edison and PG?out of debt.   Also on Friday from the West Coast bureau, California Energy Commissioner Michael Moore talks about the gas supplies in California.  Join us for these reports and more from Sacramento tomorrow.    Closing Prices for Thursday, Dec. 27, 2001    Crude: $20.90/bbl -$0.37   Unleaded: $0.5927/gallon -$0.0086   Heating Oil: $0.5815/gallon -$0.0131   Gas: $2.555/mmBtu -$0.356   Broadcasting Note: On New Year's Eve, we're broadcasting through 1:00 p.m. ET.  We're dark on New Year's Day.   Keep in mind things are subject to change at a moment's notice. Occasionally guests have to reschedule or change time slots.  We'll continue to do our best to keep you updated on future interviews and events.     Be sure to watch our newscasts every business day - 9 a.m. to 5 p.m. ET, at the top of each hour.

	 	Peter Cook, EnergyNewsLive.com Washington Bureau Chief  View today's Energy Wrap Video Windows Media Player: 56K  | 100K  | 300K  Real Player: 56K  | 100K  | 300K  (Requires Windows Media Player or Real Player )   Experience all that Williams Energy News Live has to offer!   If you are receiving this letter for the first time and wish to continue, subscribe now    To stop receiving this letter, unsubscribe now    If you are having trouble receiving this e-mail, please let us know  or  call (800) WILLIAMS (800-945-5426) weekdays, 7am-7pm CST.    Comments? Suggestions? Let us  know  or  call (800) WILLIAMS (800-945-5426) weekdays, 7am-7pm CST.    Copyright 2001 Williams Energy News Live, LLC. All  Rights Reserved.


FYI.
----- Forwarded by Alan Aronowitz/HOU/ECT on 09/25/2000 05:49 PM -----

	Edwin.T.Whatley@BAKERNET.com
	09/24/2000 10:54 PM

		 To: Susan.Musch@enron.com
		 cc: jane.mcbride@enron.com, john.viverito@enron.com,
Jeremy.Pitts@BAKERNET.com, Alan.Aronowitz@enron.com,
Paul.TYO.Davis@BakerNet.com, Yukinori.Watanabe@BAKERNET.com
		 Subject: Enron: Japan-Based Trader/PE and TP Issues

Dear Susan:

We confirm that we continue to recommend the basic approaches put forward in
the
June 23, 2000 memo:  either (1) use back-to-back transactions if it is
essential
to have Japan-based personnel trading for ENA or other offshore affiliates or
(2)(preferable purely from the tax standpoint if acceptable in light of
operational considerations) have personnel at Enron Australia (or other
affiliate in an appropriate time zone) handle the Japan trading.

Your description of the back-to-back trades as "mirror" transactions is
correct
in the sense that the trades would be symmetrical in order to transfer to ENA
or
other offshore affiliate the position it wants to take in the covered trade.
The terms might differ depending what decision is made about what mechanism to
compensate Enron Japan for transfer pricing purposes, i.e., if some margin
were
built into the back-to-back trades to compensate Enron Japan.  As discussed in
our June 23 memo, the transfer pricing issues are potentially difficult in
view
of the limited authority in this area, but in our view, such pricing issues
would present less exposure than structuring the operation so that it would
constitute a PE.

If you have any questions, or if we can provide further  assistance with this
matter, please let us know.

Best regards, Y. Watanabe/E. Whatley

Edwin.T.Whatley@bakernet.com
Phone: 81-3-3796-5857 Fax:81-3-3479-4224
Registered in Japan as an Attorney at Foreign Law;  Jurisdiction of  Primary
Qualification--California; Designated Law--Washington, D.C. and All U.S.
States
Except Louisiana

-----Original Message-----
From: Susan.Musch@enron.com [mailto:Susan.Musch@enron.com]
Sent: Monday, September 25, 2000 10:41 AM
To: Paul.TYO.Davis@BakerNet.com; Edwin.T.Whatley@BAKERNET.com
Cc: jane.mcbride@enron.com; john.viverito@enron.com;
Jeremy.Pitts@bakernet.com; Alan.Aronowitz@enron.com
Subject: Re: Trader

Paul and Ed,

I want to confirm my understanding of your advice from last week (attached
below).  I think you're advising consistent with what Ed had advised back
in June, but I'm not totally sure.  That is, it would be best to have
back-to-back trades between Enron Japan ("EJ") and Enron North America
("ENA").  Under this scenario, DD would be an EJ employee who would enter
into the trades for EJ as principal.  Then, EJ would enter into mirror
trades with ENA.  The issue, as I understand it, under this scenario is
that the NTA could assert transfer pricing issues if the trades between EJ
and ENA weren't at arms' length.  Would you please confirm that this is
your conclusion on how the trades should be structured?

 I am trying to get this structure resolved by Monday night (Houston time)
so I would appreciate your thoughts in an e-mail during your Monday.

Best regards,
Susan


Daily Agenda
Wednesday, May 9, 2001

Today's events...
* 9:15 a.m., SACRAMENTO   Assembly Republican leader Dave Cox and
Assemblyman George Runner discuss state budget issues, Capitol, room 3104.
Contact: James Fisfis, 916-319-2005.
* 12:30 p.m., SACRAMENTO   Consumer activists hold news conference to
denounce power generators and demand windfall profits tax before Gov. Gray
Davis' 1 p.m. meeting with power generators, Capitol, north steps. Contact:
Medea Benjamin, 415-235-6517.
* 5:30 p.m., SACRAMENTO   Sen. Shelia Kuehl and Assemblywoman Carole
Migden speak at event sponsored by California Capital Political Action
Committee to support same-sex unions, Faces, 20th and K streets. Contact:
916-736-2722.

In the news...
* LA Times, Editorial: Political bickering in capitol - blame Assembly
GOP. http://www.latimes.com/news/comment/20010509/t000038891.html
* SacBee, Editorial: Political bickering in Capitol:
http://www.sacbee.com/voices/news/voices01_20010509.html
* SacBee, Smith: Davis rips Cheney over energy remarks.
http://www.capitolalert.com/news/capalert02_20010509.html
* LA Times, Chen, Simon: Bush offers no solutions for California.
http://www.latimes.com/news/politics/calpol/20010509/t000039024.html
* SF Chronicle, Said: Governor fails on promise to deliver more power.
http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2001/05/09/MN197841.DTL

In committee...
* VARIOUS ITEMS.  Budget Subcommittee No. 3 on Resources.  8:00am,
room 127.  (Squawk Box 92.1)
* VARIOUS BILLS.  Insurance.  9:00am, room 437.  (Squawk Box 94.5)
* VARIOUS BILLS.  Housing and Community Development.  9:00am, room
126.  (Squawk Box 91.5, Assembly TV, CH. 8)
* INDUSTRIAL RELATIONS DEPT. OVERSIGHT.  Joint Hearing Labor and
Employment and Budget Subcommittee No. 4 on State Administration.  9:30am,
room 444.  (Squawk Box 95.1)
* VARIOUS BILLS.  Appropriations.  9:30am, room 4202.  (Squawk Box
90.3, Assembly TV, CH. 7)
* VARIOUS BILLS.  Agriculture.  1:30pm, room 4202.  (Squawk Box 90.3)
* VARIOUS BILLS.  Local Government.  1:30pm, room 126.  (Squawk Box
91.5, Assembly TV, CH. 8)
* VARIOUS ITEMS.  Budget Subcommittee No. 1 on Health and Human
Services.  1:30pm, room 444. (Squawk Box 95.1, Assembly TV, CH. 7)
* VARIOUS ITEMS.  Budget Subcommittee No. 4 on State Administration.
1:30pm, room 437.  (Squawk Box 94.5)
* VARIOUS BILLS.  Education.  2:00pm or upon adjournment of
Agriculture Committee, room 4202.  (Squawk Box 90.3)
* VARIOUS ITEMS.  Budget Subcommittee No. 5 on Information
Technology/Transportation.  4:00pm, room 127.  (Squawk Box 92.1)
* VARIOUS ITEMS.  Budget Subcommittee No. 2 on Education Finance.
4:00pm, room 126.  (Squawk Box 91.5)

Today on the floor...
* No Session Scheduled

Richard Costigan, III
Chief of Staff
Office of the Assembly Republican Leader
California State Assembly
Phone:(916) 319-2005


I spoke to Edmund to get the scoop on what we are going to be doing on the
confirms for Credit Derivatives, and he said that his current understanding
is that all of the confirms will be done out of London.  I communicated that
to Bob Bowen.  He also said that London was going to be hiring 120 people to
deal with the Credit Derivatives business.  Wow!


---------------------- Forwarded by Sandra F Brawner/HOU/ECT on 03/28/2001
08:10 AM ---------------------------

"susan schnitzer" <s.schnitzer@worldnet.att.net> on 03/27/2001 04:44:45 PM
To: "sandra brawner" <sbrawne@ect.enron.com>, "pam anderson" <pama9@flash.net>
cc:
Subject: Fw: Fw: TIGHT  SKIRTS  AND  TEXANS

-----Original Message-----
From: mizzjodi@juno.com <mizzjodi@juno.com>
To: julie615@optonline.net <julie615@optonline.net>; hanaone@aol.com
<hanaone@aol.com>; bbron58584@aol.com <bbron58584@aol.com>; lcbron@aol.com
<lcbron@aol.com>; giannini_sa@williscorroon.com
<giannini_sa@williscorroon.com>; danielle.karwoski@dowjones.com
<danielle.karwoski@dowjones.com>; skaszer@hotmail.com <skaszer@hotmail.com>;
preventdk@dellmail.com <preventdk@dellmail.com>;
leanne_michalek@njb.uscourts.gov <leanne_michalek@njb.uscourts.gov>;
bposkitt@sprintmail.com <bposkitt@sprintmail.com>; kjposkitt@aol.com
<kjposkitt@aol.com>; poskitt@worldnet.att.net <poskitt@worldnet.att.net>;
msawatka@hotmail.com <msawatka@hotmail.com>; s.schnitzer@worldnet.att.net
<s.schnitzer@worldnet.att.net>
Date: Monday, March 26, 2001 2:04 PM
Subject: Fw: Fw: TIGHT SKIRTS AND TEXANS

>>
>
>TIGHT SKIRTS AND TEXANS
>> > > > > > > > > >
> In a crowded city at a crowded bus stop, a beautiful
>young woman was waiting for the bus. She was decked out in a tight
>leather mini skirt with matching tight leather boots and jacket.
>
>As the bus rolled up and it became her turn to get on, she became aware
>that her
>skirt was too tight to allow her leg to come up to the height of the
>first step on the
>bus. Slightly embarrassed, and with a quick smile to the bus
> driver, she reached behind her and unzipped her skirt a little, thinking
>that this would give her enough slack to raise her leg.  Again she tried
>to make  the step on to the bus only to discover she still
> couldn't.
>
>So, a little more embarrassed, she once again reached
>behind her and unzipped her skirt a little more and, for a second time
>attempted the step.
>Once again, much to her chagrin, she could not raise her
>leg because of the tight skirt. With a coy little smile to the driver,
>she
> again unzipped the offending skirt to give a little more slack and again
>was unable to make the step.
>
>About this time, the big Texan behind her in line picked
>her up easily from the waist and placed her lightly on the top step of
>the
>> bus.
> She went absolutely ballistic and turned on the would-be
>hero, screeching at him. "How dare you touch my body!!
>I don't even know who you
> are!"
>
> At this, the Texan drawled, "Well Ma'am, normally I
>would  agree with you, but after you unzipped my fly three times, I kinda
>figured that we was  friends."
>> > > > > > >
>
>
>________________________________________________
>Do You Yahoo!?
>Get your free @yahoo.com address at http://mail.yahoo.com
>
>


I'm glad that Enron is in such stellar company.  We did not get out early
last night.  See you soon.

	"Kelly, Jacqueline" <Jacqueline.Kelly@schwab.com>
	02/12/2001 04:54 PM

		 To: "Jeff Dasovich (E-mail)" <dasovich@haas.berkeley.edu>
		 cc:
		 Subject: tonight

Hey Jeff,
Did we get out early last Monday?  Let me know, I am thinking of going home
to get my car and driving tonight.  If I do, I can give you a ride.

Here is a quote from Fortune's List of America's most admired
article...you're steppin' on our toes Jeff...
In the eight key areas of reputation by which the companies are ranked,
Schwab shone the most in "innovativeness," where it was second only to
Enron. ...

Jacqueline Kelly
Treasury
Charles Schwab & Co, Inc
(415) 667-3915

Warning: All e-mail sent to or from this address will be received or
otherwise
recorded by the Charles Schwab corporate e-mail system and is subject to
archival, monitoring or review by, and/or disclosure to, someone other than
the
recipient.


This is the presentation Mr. Kean will be using on June 12, 2001.  He will
have a CD with him as a backup.

Regards,

Ursula Brenner
ENRON CORP.
+1(713)345-3787

This message (including any attachments) contains confidential information
intended for a specific individual and purpose, and is protected by law. If
you are not the intended recipient, you should delete this message and are
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As part of Enron Industrial Market's (EIM) move into the Pulp, Paper and
Steel markets, our European effort is well underway. Our markets are global
in nature and we believe we need a strong presence in Europe to penetrate
that market effectively. Accordingly, we are pleased to announce that Bruce
Garner has been appointed President and Chief Executive Officer of Enron
Industrial Markets - Europe. In this role, Bruce will be responsible for all
activities for EIM in the European market.

Please join us in congratulating Bruce in his new position.