RTO Week

 <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

Day 4 - October 18, 2001

Afternoon Session

Standardizing Markets, Business, and Other Practices

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

General Observations

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

FERC Deliverables

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

NERC and GISB

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

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

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

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

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

Let me know if you have any questions.

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


The Dynamic Extracts have been temporarily disabled. This was necessary
to correct an issue with an extract and verify that all extracts are
operating properly. We hope to have these restored soon, and will send
notice when they are. If you have questions or immediate concerns,
please contact you Client Services Representative.

ERCOT Client Relations
ClientRelations@ercot.com
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Have a nice night.


Thanks!


Leo, my computer has fouled up and I wasnt sure you got this so Im sending it
again.....
---------------------- Forwarded by Larry Campbell/ET&S/Enron on 01/26/2000
06:19 PM ---------------------------

Larry Campbell
01/26/2000 06:14 PM
To: Leo Nichols/ET&S/Enron@Enron
cc:

Subject: Environmental Activity Report-Roswell Area

The state of Texas conducted an air quality inspection of the NNG Seminole
C/S.  There were no deficiencies or violations identified at the facilit
during the inspection.

The State of New Mexico Air Quality Bureau conducted an inspection of the
Transwestern Atoka No. 3 C/S.  The Agency conducted a record review and did
portable emissions testing of 3 of the 5 emissions units at the facility.
Although fuel use and a natural gas analysis were not available for the units
tested, emissions exceedances for NOx are expected for the 2 White Superiors
at the facility.

The State of New Mexico Air Quality Buureau conducted an inspection of the
Transwestern Atoka No. 2 C/S.  The agency conducted a portable emissions
testing of the two turbines and one recip at the facility.  Although fuel use
and a natural gas analysis was not available at the facility, all units
tested  appeared to be in compliance with the permit limits.  The agency
requested sulfur readings from the fuel gas as required under Subpart GG NSPS
for the last twelve months.  The Artesia team has contacted Gas Control in
Houston for the for the monthly sulfur values at the facility.


Karen,

Attached is the summary for the FOEX index methodology but Dave suggested that I give Dick Robinson the original email from Timo Teras.

thanks,
Monika

-----Original Message-----
From: Carter, Karen E.
Sent: Wednesday, July 25, 2001 9:57 PM
To: Allan, David; Causholli, Monika
Subject: RISI/FOEX indices - methodoligies

Any chance I could see the summaries you'd put together for Rodney?  Just wanted to get familiar with both of these indices.  Thks.

KC


---------------------- Forwarded by Mark - ECT Legal Taylor/HOU/ECT on
02/08/99 09:16 AM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  Mark E Haedicke                           02/02/99 04:22 PM

To: Mark - ECT Legal Taylor/HOU/ECT@ECT
cc:
Subject: Trading German and Spanish listed equities from Houston - second
e-mail

This should have sent to you.
---------------------- Forwarded by Mark E Haedicke/HOU/ECT on 02/02/99 04:21
PM ---------------------------

Mark Elliott
02/02/99 07:46 AM
To: Alan B Aronowitz/HOU/ECT@ECT
cc: Mark E Haedicke/HOU/ECT@ECT, Scott Sefton/LON/ECT@ECT
Subject: Trading German and Spanish listed equities from Houston - second
e-mail

Alan,

Further to the last e-mail, I attach for your information a copy of trhe
Questionnaires which have been sent to our German and Spanish counsel.

Obviously, I did not want to send a copy of this to Jeff Kinneman as I am
sure that he would not be interested in the Questionnaires - just the results
of them!!  Hence, this second e-mail.

Kind regards

Mark

---------------------- Forwarded by Mark - ECT Legal Taylor/HOU/ECT on
02/08/99 09:16 AM ---------------------------

Mark Elliott
02/03/99 05:10 AM
To: Mark E Haedicke/HOU/ECT@ECT
cc: Mark - ECT Legal Taylor/HOU/ECT@ECT, Scott Sefton/LON/ECT@ECT
Subject: Re: Trading German and Spanish listed equities from Houston - second
e-mail

Mark,

Many thanks for your message.  Re your reference to UK laws on Equity
Trading, I assume that you are referring to the proposed Equity Trading
facility in London;  I trust that  you also received my detailed e-mail on
that topic of yesterday evening.  Please note that I have now received a fax
from Alan Aronowitz with the Houston trading policy (containing Chinese Wall
information), to which I refer in that e-mail - I shall be considering the
sufficiency of that policy for UK purposes later today.

Re your request for advice on the extraterritorial effect of the U.S
securities' laws, this is a new question which we have been asked to look
at.  In my view, there will be some extraterritorial effect of such laws on
the activities.  I have also discussed this issue with Scott Sefton who has
provided me with a general overview on this, noting particularly the U.S.
Insider Dealing laws and potential U.S. reporting and disclosure of
interests' requirements; however, Scott has suggested that we retain external
U.S. counsel for in-depth advice on this, with which I agree.

If you agree that we should instruct external counsel on this issue, I would
be more than happy to deal with this from London;  please let me now which
external counsel you would wish to use.  In my and Scott's views, we should
use expert  "SEC"-knowledgeable counsel in New York, such as either Cravath,
Cadwallader, Davis Polk, Cleary's, etc.

Please just let me know - I would be able to instruct external counsel today,
get an estimate of their time for dealing with the US aspect and report back
immediately.

Kind regards

Mark

	Enron Capital & Trade Resources Corp.

	From:  Mark E Haedicke                           02/02/99 10:32 PM

To: Mark Elliott/LON/ECT@ECT, Mark - ECT Legal Taylor/HOU/ECT@ECT
cc:
Subject: Re: Trading German and Spanish listed equities from Houston - second
e-mail

Mark:  We also need to look at the UK laws regarding equity trading and what
the extraterritiorial reach is of the US sec;urities laws.  Please  copy Mark
Taylor on this matter as well.  Please give me a time frame on when we will
have answers to these questions.  Thanks.  Mark Haedicke


Debra,

Please contact Shari to discuss their special provisions to the GISB.

Thanks,
Judy

-----Original Message-----
From: Hill-Ward, Shari [mailto:SHillWard@hess.com]
Sent: Tuesday, July 17, 2001 11:13 AM
To: Thorne, Judy
Subject: RE: NEW GISB CONTRACT

Judy,

I am in process of finalizing the basic GISB Contract to prepare it for
execution....
However, I need to get a response back from you regarding OUR Special
Provisions I sent you....Most likely, we will have to COMBINE both of the
YOURS & OUR Special Provisions into one document....At that time, I will
forward it to our Legal Dept. for final review as they have to approve it...

I will await your response...Thanks!

Shari Hill Ward
Gas Contract Analyst
Hess Energy Services Company, LLC
Office:   (713) 609-4925
Fax:      (713) 609-4948
E-Mail:   shillward@hess.com

-----Original Message-----
From: Thorne, Judy [mailto:Judy.Thorne@ENRON.com]
Sent: Wednesday, July 11, 2001 8:58 AM
To: SHillWard@hess.com
Cc: Nemec, Gerald; Perlingiere, Debra; Mahabir, Alisha
Subject: FW: NEW GISB CONTRACT

Attached is a draft GISB for discussion purposes that includes our
company information as well as our special provisions. Our legal
department will work with you regarding the terms of your special
provisions. If you have any other questions, do not hesitate to call me.

Thanks,
Judy Thorne
ENA Upstream Company LLC
713-853-4758

-----Original Message-----
From: Hill-Ward, Shari [mailto:SHillWard@hess.com]
Sent: Tuesday, July 10, 2001 3:42 PM
To: Thorne, Judy
Subject: NEW GISB CONTRACT

Judy,

Pursuant to our telephone conversation this morning, attached please
find
the following:

> 1.       GISB Contract - Please complete Page 1 and forward back to
me.
> 2.       Special Provisions - Please review and let me know if you
have
>              revisions, or it is approved as is.

 <<ENRON-NEWGISB.doc>>  <<HESCO-SpecProv.doc>>

> In the meantime, if you have any questions, feel free to contact me.
> Looking forward to hearing back from you on Items 1 and 2 above.
>
>
> Shari Hill Ward
> Gas Contract Analyst
> Hess Energy Services Company, LLC
> Office:   (713) 609-4925
> Fax:      (713) 609-4948
> E-Mail:   shillward@hess.com
>
>


----- Forwarded by Tana Jones/HOU/ECT on 10/09/2000 08:52 AM -----

	Tom Moran
	10/05/2000 05:18 PM

		 To: Camille Gerard/Corp/Enron@ENRON, Mary G Gosnell/HOU/ECT@ECT, Samuel
Schott/HOU/ECT@ECT, Adnan Patel/Corp/Enron@ENRON, Tanya Rohauer/HOU/ECT@ECT,
Paul Radous/Corp/Enron@ENRON, Tom Moran/HOU/ECT@ECT, Bradley
Diebner/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT,
Stacey Richardson/HOU/ECT@ECT, Frank L Davis/HOU/ECT@ECT, Walter
Guidroz/NA/Enron@Enron
		 cc:
		 Subject: Clickpaper Approvals 10/5/00

The Clickpaper approvals for 10/5/00 are attached below.

Regards,
tm


Start Date: 1/26/02; HourAhead hour: 11;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002012611.txt


It's on my calendar!  SS

	Russell Diamond
	09/05/2000 11:25 AM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: Re: Cinergy Marketing ISDA Update

No, not at this time, let me get the guaranty information finalized first,
this way we eliminate any further confusion.

Thanks

By the way, do we have our legal meeting today??

From: Sara Shackleton on 09/05/2000 11:14 AM
To: Russell Diamond/HOU/ECT@ECT
cc:
Subject: Re: Cinergy Marketing ISDA Update

Should we send out a new draft without changing the guaranty language from
the original draft?

	Russell Diamond
	09/05/2000 11:10 AM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: Cinergy Marketing ISDA Update

Hello Sara,

I talked to Chuck Kaufmann in Cinergy's credit dept. concerning the ongoing
issues.  Basically, he has agreed to the cross-default levels of 50/100
million.  He is going to look further into the guaranty issue and get back to
me on this. I will keep you updated.

Thanks
Russell


This is easier to read...

 -----Original Message-----
From: 	Armstrong, Julie   On Behalf Of McCarty, Danny
Sent:	Thursday, December 27, 2001 10:13 AM
To:	Corman, Shelley; Dowd, Stephen; Gadd, Eric; Harris, Steven; Hartsoe, Joe; Hayes, Robert; Kilmer III, Robert; McGowan, Mike W.; Miller, Mary Kay; Neubauer, Dave
Cc:	Call, Josie; Cappiello, Deborah; Kovalcik, Tammy; Mann, Ruth; McCoy, Julie; Paschal, Zelda; Robertson, Audrey; Van Norden, Mike; Wadle, Susan; Winters, Ricki
Subject:	Reminder of weekly update for Horton

Hope everyone had a great holiday.  A friendly reminder of the weekly update of key points (Cindy's email message of December 19th) for Stan.
Please forward your update to me and I will consolidate into report.  Thank you to those of you who have already forwarded weekly update.
If you have any questions, please call me at x33597.


Mara:  Are we done?  I don't think we have heard from you about the master?
Can we go ahead and have the guaranty executed?  I don't think we have any
outstanding issues.

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


Thanks

 	Team Gallup 10/12/2001 10:02 AM

To:	Rick Smith/ET&S/Enron@Enron, David Roensch/ET&S/Enron@Enron, Rich Jolly/ET&S/Enron@Enron, Team San-Juan/ET&S/Enron@Enron, Team Gallup-Sta5/ET&S/Enron@Enron
cc:	John Sturn/ET&S/Enron@ENRON, Jesse Alvarado/Enron@EnronXGate, Steven January/Enron@EnronXGate, Darrell Schoolcraft/Enron@EnronXGate, Kimberly Watson/Enron@EnronXGate, Ben Asante/Enron@EnronXGate, Bob McChane/Enron@EnronXGate, Dennis Alters/Enron@EnronXGate

Subject:	San Juan Lateral Pigging

The pigs arrived at Gallup about 1:00 pm, and were pulled  out of the trap for inspection. We found very little
liquid and about a gallon of yellow chalk looking powder. The pigs showed to be worn some, and that may indicate
 there was not liquid in the line.  We blew the scrubber before and after the pigs arrived and found no liquid in it. We will
go ahead and run another set of pigs om Monday 10/15/01 and we let everyone know the results then. We are going to send the samples we pulled into the Lab. next week, if you have any questions please give use a call..........Gallup Team..Pat
505-863-4104


----- Forwarded by Rob Walls/NA/Enron on 12/07/2000 04:59 PM -----

	John Ambler@ENRON_DEVELOPMENT
	12/07/2000 08:57 AM

		 To: Rebecca McDonald/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, James A
Hughes/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rob Walls/NA/Enron@Enron, Bruce
Lundstrom/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Wade
Cline/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, mark.palmer@enron.com
		 cc: jimmy.mogal@enron.com, cindy.derecsky@enron.com
		 Subject: Enron project: Maharashtra State Electricity Board paying Rs. 95
cr. for unbought power
Mahesh Vijapurkar

FYI.  Although clearly slanted, the following is rather astute local coverage
of the issue.
John

12/06/2000
The Hindu
Copyright (C) 2000 Kasturi & Sons Ltd (KSL); Source: World Reporter (TM) -
Asia Intelligence Wire

MUMBAI, DEC. 5. Strange as it may sound, the Maharashtra State Electricity
Board (MSEB) would be paying less for the energy it buys from the
Enron-sponsored Dabhol Power Company if it buys more. If it buys only half of
the present capacity, the state- owned power utility would pay, as it
does now, around Rs. 95 crores per month towards unbought power. That is its
entrapment signed and sealed with Enron.

Under the contract between the MSEB and the Dabhol- based independent power
producer, the pricing of its output has two components: capacity
charges and the variable or fuel charge. If it buys power, it pays a
combination of the two and if it does not, MSEB has to fork out the capacity
charges
which is almost a penalty for not picking up the energy.

At present, MSEB is allowed to buy only 3,044 million units which is about
half the Dabhol plant's capacity during its currently operating Phase I
because
the Electricity Regulatory Commission has stipulated that only cheaply
sourced power should be on its shopping list and if it has to draw from
Dabhol, then
the ceiling is 3,044 million units.

That means, when the MSEB pays for half the power that would be available, it
is also paying some Rs. 95 crores towards the capacity charges and which is
loaded on what has been bought. This arithmetic has pushed the price, in
addition to the weakened rupee against the US dollar plus the $30 per barrel
of oil in
the international market, to hover at close to Rs. 7 per unit.

Arguably, it would have been cheaper to buy the entire output from the
present Phase I capacity of 740 mw but the problem is that MSEB does not have
money
to pay for that. Therefore it would like to evaluate its options, as advised
by the Maharashtra Government, so that the right ways and means could be
found to
handle this issue.

One is to appeal to the MERC to allow all the power to be bought as it is
produced, since the IPP is all set to activate a part of its Phase II
capacity which is pegged
at 1,444 MW and then get energy at a lower average price. That means it can
avoid paying the capacity charges it can ill-afford. Says an official : "it
is throwing
good money behind the bad."

Let us look at the prices paid hitherto, when the US currency had a different
parity with the rupee. When it was Rs. 43.02 to a dollar, the MSEB was billed
at Rs. 3.37
per unit in May 1999. Then it was tossed upwards, to reach Rs. 6.81 now and
next month, move to about Rs. 6.90 per unit. "If the rupee slides further, we
pay more,"
an official explained.

There is a nice little twist to the Enron story. If the Power Purchase
Agreement, as re-negotiated by the Shiv Sena - BJP Government had not made
the 1,444 mw
Phase II mandatory as against only an option to either pick up or reject in
the earlier PPA, this need a re-look at the Phase II or the entire project
may not have arisen.

Those in the know of the economics of the situation explain :"If it was an
option, we could have taken a hard look at the experience with the Phase I
and decided on
our steps. But the millstone was tied around the MSEB neck in 1996 itself by
the previous Government. There seems to be no escape route except to ask the
IPP to
lower its prices by managing its cost of funds." That is now being done. Some
FIs like IDBI have offered to lower its interest rate provided the lowered
burden is
 transferred to the MSEB in the tariff. This is yet to become a widespread
offer from FIs but the MSEB may, with the Maharashtra Government's help,
quietly lobby
towards that objective. That would not mean a lot but in the payouts, a few
paise per unit less.

When the first block of Phase II is activated by June 2001, at present
dollar-rupee parity, with the price of petroleum products being the same, the
price of power
from Dabhol is estimated at about Rs. 5.43 per unit but that too to a
financially crippled power board is stiff. But it can do little because of
the "take or pay" deal
with Enron.

If the petroleum prices remain steady and the rupee does not slide, and when
the second block of Phase II is operational, the price of power could dip but
"we
are talking of a situation which we can guess at." This is on the basis that
MSEB can buy all the power and not merely end up paying capacity charges for
not
buying energy.

According to present estimates, outgo towards power bought and not bought,
would be Rs. 511 crores per month June 2001 onward, Rs. 712 crores per month
October 2001 onward when the current realisation for the MSEB is only Rs. 920
crores per month from all power sold from all sources it accesses, its own
and
others. That is unlikely to go up substantially, not in the near future.

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


Attached is our form of confirm with attached Annex A (general terms and
conditions).  Assume the confirm is governed by Texas law.  Most
counterparties sign the confirm and fax it back to us WITHOUT the attached
Annex A.  Is this sufficient under Texas law as having received the
"executed" confirmation?  Do we need to modify our language incorporating the
Annex A?  Thanks.  Sara (713/853-5620)


In working with the West Desk traders regarding the clause which is being
questioned
in my last email, the traders on the EES confirms are Tim Belden & Kevin
McGowan.

Regards,
David


The presentation looks fine but consider adding this idea in a few slides:
the continuation of a regulated structure poses considerable risk for
utilities.  California's utilities were pushed to the brink of, or into,
bankruptcy because of a regualtory regime which allocated price risk to
them.  All parties are better off in a system where the regulated enterprise
is limited to natural monopoly functions and all other acitivities are
conducted in a marketplace.

Also, did we cover the shortcomings of the Japanese market sufficiently?


Please find attached below a list of PG&E Energy Trading scheduling contacts.

We have been advised that the schedulers can handle small volumetric changes
and they will advise if you need to talk to a trader. The trader contacts (if
needed) are as follows:

East - John Ed James - 713.371.6673
Midwest - Tom Dickey - 713.371.6163
West - Allen King - 713.371.6123

Both John and Tom will be leaving ET at the end of the summer. Allen is the
only individual who will be transferring to the Bethesda, MD office.

Please advise with any questions. Thanks.

Tim

---------------------- Forwarded by Timothy J Hamilton/HOU/EES on 06/15/2000
10:57 AM ---------------------------

"Franklin, Scott" <scott.franklin@pgees.com> on 06/15/2000 08:53:21 AM
To: "'thamilto@enron.com'" <thamilto@enron.com>, "'larnold@enron.com'"
<larnold@enron.com>, "'mdriscol@enron.com'" <mdriscol@enron.com>
cc: "DiCarlo, Louis" <louis.dicarlo@es.pge.com>, "Oliphant, Gordon"
<gordon.oliphant@es.pge.com>
Subject: ET scheduler contact list

Tim, Laura, and Marde,

        Please send this file to rest of your schedulers.

            Thanks,
                    Scott

 - ET Contacts.xls

   PG&E Energy Services Corporation and PG&E Energy Services Ventures, LLC
   are not the same company as Pacific Gas and Electric Company, the
   utility, and are not regulated by the California Public Utilities
   Commission. If you are a customer of Pacific Gas and Electric Company
   you are not required to purchase services from PG&E Energy Services
   Corporation or PG&E Energy Services Ventures, LLC in order to continue
   to receive quality regulated services from the utility.


I thought you might find this some useful background to our progress.

All the numbers tie-back to the ones you have used publically - these are the internal 'gross' numbers (we eliminated all the internal Enron deals/counterparties for external purposes).

Call me if you have any questions.

Barry


Further to our conversation, please see attached draft of a GISB for your
review.  Please give me a call with your questions and or comments.

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


I am pleased to announce that our previous 2001 summer intern, Greg Smolar, has accepted our offer for full-time employment.  He is anticipating starting August 5, 2002.  Feel free to call and congratulate Greg and welcome him to Enron!

Greg can be contacted via the following methods:

Phone:  (734) 657-4484
Email:   gsmolar@umich.edu

thanks,
Anita Martin
Recruiting Coordinator
Enron Corp.
Associate & Analyst Recruiting Program
(713) 853-6778


Hello Kate, FYI, the phone number that you have on the fax sheet
(609-520-4452) is Jennifer's phone number.  My phone number is 609-520-4683
 Have a good weekend.
 Eric

-----Original Message-----
From: Kate.Symes@enron.com [mailto:Kate.Symes@enron.com]
Sent: Friday, March 30, 2001 12:54 PM
To: djenergy
Subject: DJ Index 3/31-3/31

(See attached file: DJ Index 3-30.xls)(See attached file: DJ Index
3-31.xls)


---------------------- Forwarded by Mark Guzman/PDX/ECT on 01/23/2001 09:18
PM ---------------------------

	From:  Mark Guzman                           01/23/2001 07:09 PM

To: pwals1@epelectric
cc:
Subject: schedule

Attatched is this months pre-schedules.  Please distribute to all the guys.


Due to absences, and this morning's floor meeting, the Jeff Hodge/Barbara
Gray staff meeting has been cancelled.  Should you need further information
or assistance, please feel free to contact me.  Thank you for your attention
to this matter.

Regards,
Keegan Farrell
(713) 345-3317
EB3875


As discussed please see the attached agreement.

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


Kim:

Early next week we need to work up an offer for 18 months out of July 2001.

C
---------------------- Forwarded by Chris H Foster/HOU/ECT on 03/23/2001
06:20 AM ---------------------------

Sanjay Konur@ENRON
03/22/2001 04:23 PM
To: Chris H Foster/HOU/ECT@ECT
cc:
Subject: BHP contact

Chris,

Vithoba (Vito) Konur
520-385-3138 (w)
konur.vito.vs@bhp.com.au

Good luck.

Sanjay


We should catch up on this next week

Mike
---------------------- Forwarded by Mike Jordan/LON/ECT on 08/09/2000 13:56
---------------------------

From:  Ted Murphy
08/09/2000 13:54

To: Mike Jordan/LON/ECT@ECT, Sally Beck/HOU/ECT@ECT
cc:

Subject: Re: London Risk Reporting

Mike,
I don't understand the question.  London informatiion was not complete in the
Corporate system at  11:00 Houston time.  Either London operations or Houston
operations did not do something.  To me that is the breakdown.  I don't have
any further knowledge nor do I expect to have any further.  The point of my
e-mail is to alert you to a reality that I would prefer you not have to deal
with, i.e., incur the rath of Dave Delainey, John Lavorato, Mark Frevert and
Jeff Skilling when they understand what happened and based on what inadequate
management information they were forced to make decisions with.  As I said, I
am not telling on anyone or accusing anyone of anything but I can virtually
guarantee the reaction of those people if this were to come to light.  So, I
suggest that you talk to Sally and create a process by which to insure that
the possibility of it happening again is minimized.
Ted

Mike Jordan
09/08/2000 06:34 AM
To: Ted Murphy/HOU/ECT@ECT, Oliver Gaylard/LON/ECT@ECT
cc:
Subject: Re: London Risk Reporting

Ted

Still waiting for the breakdown of the failing feed(s) - investigations here
suggest that there should have been no problem!!

So I am keen to understand faults in process

Ollie - can you help ?

Mike

From:  Ted Murphy
01/09/2000 17:19

To: Mike Jordan/LON/ECT@ECT, Sally Beck/HOU/ECT@ECT
cc:

Subject: London Risk Reporting

Well,
today (or rather yesterday) it happened.  We have been pushing our limits
hard and the makets here have been very volatile.  We had a large increase in
North American Natural Gas VAR due to the breaking apart the Rockies/SoCal
basis correlation.  This am, we were attempting to get firm numbers on the
effect on our corporate limits so that we could provide
Jeff/Delainey/Lavorato/Buy/.... the information to make decisions whether or
not to reduce positions.  The number was not firm until 11 am houston time.
My understanding is that the Houston numbers were all in before 8 am and that
we were waiting for London.  While I am sure that there are issues all around
and I do not think that anyone Senior in Houston is even aware, let alone
prepared to blame, I fear that this will not always be the case.  I think
something needs to be changed in our process so that this can be avoided in
the future.

Please do not take this as a nasty-gram.  No one is cc'd or bcc'd.  I just
think that it will be deemed unacceptable.
Any thoughts/comments?
Ted


Dear folks,

As many of you know I am moving to a new location effective today 7/24.
Please continue to send your requests/questions/comments to me via email, or phone. My extension is 5-1510.

You are also welcome to stop by my desk which is located in 2717E

thanks,
Monika


Are the attached Deemed ISDA's ready to go in order to send confirms out?  If
so, should the confirms group use the attachments from Carol's email on the
17th or from her email on the 18th?

Thank you:

Derek
---------------------- Forwarded by Derek Bailey/Corp/Enron on 04/20/2001
01:17 PM ---------------------------

Mog Heu
04/20/2001 01:12 PM
To: Derek Bailey/Corp/Enron@ENRON
cc:

Subject: AIG Confirms

---------------------- Forwarded by Mog Heu/NA/Enron on 04/20/2001 01:04 PM
---------------------------

Caroline Abramo
04/18/2001 12:59 PM
To: Mog Heu/NA/Enron@Enron
cc:

Subject: Confirms

---------------------- Forwarded by Caroline Abramo/Corp/Enron on 04/18/2001
01:59 PM ---------------------------
   Carol St Clair @ ECT                04/17/2001 04:46 PM

To: Caroline Abramo/Corp/Enron@Enron
cc: Paul Radous/Enron@EnronXGate, Brent Hendry/NA/Enron@Enron, Sara
Shackleton/HOU/ECT@ECT

Subject: Confirms

Enclosed are drafts of the 2 confirms.  Alos enclosed is a comparison of the
2 to show the differences.

Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com
---------------------- Forwarded by Caroline Abramo/Corp/Enron on 04/18/2001
01:59 PM ---------------------------
   Carol St Clair @ ECT                04/17/2001 04:54 PM

To: cggarrod@cdp.bm
cc: Brent Hendry/NA/Enron@Enron, Sara Shackleton/HOU/ECT@ECT, Paul
Radous/Enron@EnronXGate, Caroline Abramo/Corp/Enron@Enron

Subject: Cash Collateral

Christopher:
We have done a trade with a Bermuda hedge fund and have negotiated collateral
provisions that may require them to post csah to us.  The agreement will be
governed by either Texas or New York law.  We need your advice on how to
perfect our interest in any cash posted to us that we would hold in an
account in the United States.  Could you please call either me or Sara
Shackelton (713)853-5620 if possible tomorrow or you can send me an e-mail if
that is easier.  I'm hoping that our possession of the cash is enough.  Sorry
for the short fuse on this.  If you need any additional information, please
contact me or Sara.  I will be unavailable from 9-11 and 2-3 tomorrow Houston
time.

Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com
---------------------- Forwarded by Caroline Abramo/Corp/Enron on 04/18/2001
01:59 PM ---------------------------
   Carol St Clair @ ECT                04/18/2001 10:18 AM

To: "Chris Garrod" <CGGarrod@cdp.bm>@ENRON
cc: Caroline Abramo/Corp/Enron@Enron, Paul Radous/Enron@EnronXGate, Sara
Shackleton/HOU/ECT@ECT, Brent Hendry/NA/Enron@Enron

Subject: Re: Cash Collateral

Chris:
Thanks for your prompt response.  I think that we do need to register the
charge document which in this case would be the confirmation that will be
executed. Can you provide me with an estimate of the total cost?

Does everyone at Enron agree?

Caroline,
I will redraft the Bermuda confirm to change from LC's to cash and send to
you.  Please make sure that the counterparty is aware that we plan to
register/file the confirm in Bermuda.

Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com

	"Chris Garrod" <CGGarrod@cdp.bm>
	04/18/2001 09:50 AM

		 To: <Carol.St.Clair@enron.com>
		 cc: <Brent.Hendry@enron.com>, <Caroline.Abramo@enron.com>,
<Paul.Radous@enron.com>, <Sara.Shackleton@enron.com>
		 Subject: Re: Cash Collateral

Dear Carol

Under Bermuda law, there is no real concept of "perfecting" security since it
is not necessary to ensure the enforceability in Bermuda that a charge be
registered in Bermuda.  However, although it is not necessary for a security
interest to be registered in order for it to be valid, the charge document
itself can be registered in Bermuda in the Register of Charges in accordance
with Section 55 of the Companies Act 1981 in order to ensure the priority in
Bermuda of the charge.  On registration, any charge evidenced in the charging
document will have priority over any unregistered competing charge or any
subsequently registered competing charge in respect of the assets which are
the subject of the charge (i.e. the cash).

If the agreement will be governed by either Texas or New York law, it will be
a matter of the laws of either Texas or New York as to the actual nature of
the security interest which is created by the charge.

If you would like us to effect the registration of the charge, we would need
an original (or a certified true copy) of the executed document which creates
the security interest.  There is no time limit on such registration.
However, please note that, in addition to our professional fees, there is a
filing fee of $446 which is payable in respect of the registration.

I trust that the above is of some assistance.  If you have any questions
please do not hesitate to contact me.

Kind regards.

Chris Garrod

Christopher Garrod
Conyers Dill & Pearman
Clarendon House, 2 Church Street
Hamilton HM 11, Bermuda
Direct dial  441 299 4923
Fax:  441 292 4720
email  cggarrod@cdp.bm

>>> <Carol.St.Clair@enron.com> 04/17/01 06:54PM >>>
Christopher:
We have done a trade with a Bermuda hedge fund and have negotiated
collateral provisions that may require them to post csah to us.  The
agreement will be governed by either Texas or New York law.  We need your
advice on how to perfect our interest in any cash posted to us that we
would hold in an account in the United States.  Could you please call
either me or Sara Shackelton (713)853-5620 if possible tomorrow or you can
send me an e-mail if that is easier.  I'm hoping that our possession of the
cash is enough.  Sorry for the short fuse on this.  If you need any
additional information, please contact me or Sara.  I will be unavailable
from 9-11 and 2-3 tomorrow Houston time.

Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com

---------------------- Forwarded by Caroline Abramo/Corp/Enron on 04/18/2001
01:59 PM ---------------------------
   Carol St Clair @ ECT                04/18/2001 10:37 AM

To: Caroline Abramo/Corp/Enron@Enron
cc: Paul Radous/Enron@EnronXGate, Sara Shackleton/HOU/ECT@ECT, Brent
Hendry/NA/Enron@Enron, "Chris Garrod" <CGGarrod@cdp.bm>

Subject: Revised Confirm

Enclosed are clean and marked versions of the Bermuda confirm.

Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com


Please find attached our Weekly Report (8th December 2000) for your perusal
and information.

Regards,

Beverley


Congrats!

I've been looking for an explanation for the drop of our stock price.  This
explains everything.

D

Beverly Beaty
03/13/2001 11:02 AM
To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: Re: New Contact for Devon

I'm going to work for Transco....starting 3/27

Bev

Daren J Farmer
03/13/2001 10:55 AM
To: Beverly Beaty/HOU/ECT@ECT
cc:
Subject: Re: New Contact for Devon

What do you mean "leaving Enron"?  Where are you going?

D

Beverly Beaty
03/13/2001 09:11 AM
To: Charlene.Merrill@dvn.com, Victor.Haley@dvn.com, Alan.Coad@dvn.com,
Deana.Thayer@dvn.com
cc: Mark L Schrab/HOU/ECT@ECT, Kirk Lenart/HOU/ECT@ECT, Jesse
Villarreal/HOU/ECT@ECT, Sabra L Dinari/HOU/ECT@ECT, Clarissa
Garcia/HOU/ECT@ECT, Daren J Farmer/HOU/ECT@ECT, Meredith Homco/HOU/ECT@ECT,
Cynthia Franklin/Corp/Enron@ENRON, Christina Sanchez/Corp/Enron@ENRON, Darren
Espey/Corp/Enron@ENRON, Carlos J Rodriguez/HOU/ECT@ECT, Scott
Loving/NA/Enron@ENRON, George F Smith/HOU/ECT@ECT, Margie
Straight/HOU/ECT@ECT, Mary Ellenberger/Corp/Enron@ENRON, Aimee
Lannou/HOU/ECT@ECT, Jessica White/NA/Enron@Enron, Patti Sullivan/HOU/ECT@ECT,
Teresa McOmber/NA/Enron@ENRON, hpl.scheduling@enron.com, Katherine L
Kelly/HOU/ECT@ECT
Subject: New Contact for Devon

Please note that I will be leaving Enron as of March 23,2001.  Please send
future e-mails regarding
Devon changes to Kathy Kelly and Clarissa Garcia, as well as the schedulers
that you are already sending
changes too.  They will coordinate all future Devon inquiries and changes.

If there are questions before then, please call me at 713-853-6357

Thanks,
Beverly Beaty


Harry,

Today's live auction for Northern Border Pipeline's procurement of line pipe
was quite a success!  Here are some highlights:

The auction lasted longer than the scheduled 15 minutes due to the automatic
extension feature resulting from new Best Bids placed during the last two
minutes of the auction.  Please note that we earned $52,500 for this auction
and are on track to do another auction for NBPL on 1/30 for a $20,000 fee.

Regards,
Ross


I don't think another e-mail would be rude.  It's rude that she hasn't responded to our other requests.  Do you want to send it or do you want me to.  I'll be happy to.

Marie

 -----Original Message-----
From: 	Ortiz, Lucy
Sent:	Thursday, August 23, 2001 1:04 PM
To:	Heard, Marie
Subject:	PMI

Anything at all?
Would another e-mail be rude?

I bet things get really hot here soon...
~L


susan always sends me hers...we chat about it...thought i'd send you yours since you are both the same sign.
talk to ya later

        Weekend Update: Go easy on yourself and others Friday. Set aside tight schedules and worries. Take things as they come, without getting bogged down in impossible expectations. Delays and adjustments are very likely. Saturday is excellent for making sense out of Friday's events. Calmly piece together fragments until they assume some sort of order. It is so important that you consciously forgive those who have disappointed or inconvenienced you or your loved ones. Hanging onto resentment will tear holes in your heart. Sunday brings bliss. Doubt is replaced with a comforting sense that all will be fine in time. Private talks with loved ones bring healing and emotional intimacy. In fact, you may experience a gratifying breakthrough in one of your most important relationships. Encourage your significant other to relax, dream, and cultivate hope. Things will evolve in wondrous ways. Graciously accept the unasked for changes entering your life and let the transformation begin. . . .


Hey! Just checking out the new machine.  I sent Cole's birthday present
today.  Hope he gets it on time.  Let me know if you get this message please.


I just agreed to the changes on the phone with Bob Klein and am going to finalize the agreement and fax it to him tomorrow and then follow-up with originals.

 -----Original Message-----
From: 	Haney, Mike
Sent:	Monday, October 01, 2001 4:52 PM
To:	Jones, Tana
Subject:	RE: NDA with CitiFX -- progress check

Tana:

I just talked to Scott Freeman; he said his lawyer Bob Klein sent you a few minor comments a week or so ago.  Have you received these?

If not, please feel free to call Bob at 212-816-3336.

Thanks,

Mike

 -----Original Message-----
From: 	Jones, Tana
Sent:	Tuesday, September 25, 2001 2:34 PM
To:	Haney, Mike
Subject:	RE: NDA with CitiFX -- progress check

No, the last note I have is proving the revised NDA for you to send to them.  No word since then.

 -----Original Message-----
From: 	Haney, Mike
Sent:	Tuesday, September 25, 2001 2:25 PM
To:	Jones, Tana
Subject:	NDA with CitiFX -- progress check

Tana:

Any contact from Citi on the NDA?

Thanks,

Mike

-----Original Message-----
From: Freeman, Scott [FI] [mailto:scott.freeman@ssmb.com]
Sent: Tuesday, September 25, 2001 2:13 PM
To: Haney, Mike
Subject: RE: Proposed schedule: CitiFX visit to Houston

Mike,

I'll look look into our schedule and follow-up with legal on the NDA.  I
think my lawyer was going to follow up with your lawyer.  Speak to you soon.

-----Original Message-----
From: Haney, Mike [mailto:Mike.Haney@enron.com]
Sent: 25 September 2001 17:36
To: Freeman, Scott [FI]
Subject: FW: Proposed schedule: CitiFX visit to Houston

Scott:

One thing I forgot to mention in the first note: how is the NDA coming
along?

Thanks,

Mike

>  -----Original Message-----
> From: 	Haney, Mike
> Sent:	Tuesday, September 25, 2001 11:18 AM
> To:	Scott Freeman (E-mail)
> Cc:	Palmer, Mark S. (ENW); Wax, Brandon
> Subject:	Proposed schedule: CitiFX visit to Houston
>
> Scott:
>
> Thanks for your voice mail yesterday inquiring as to when we might set
> up your visit to Enron's Houston offices.  I am looking forward to an
> informative and productive visit.
>
> During our most recent call, you mentioned that you were thinking
> about the week of October 8th.  Not sure if you are off on Columbus
> Day; we'll definitely be working that day.
>
> The week looks reasonably clear at this point; one of our guys I'd
> like you to meet is out of the office Tuesday through Thursday, but
> the rest of the people are scheduled to be available that week.  One
> potential itinerary: you and your team fly up Monday morning, October
> 8; we meet for a few hours in the afternoon, depending on your arrival
> time; and you either fly back to NYC late that night or return for
> more meetings in the morning as necessary.
>
> I hope you had a great flight to London.  Please let me know what
> works with your schedule at your earliest convenience.
>
> Best regards,
>
> Mike
>
>
> ----------------------------------------
>
> Mike Haney
> Director, eMarketplace Services
> Enron Net Works
> 713-345-8968
> mike.haney@enron.com
>

**********************************************************************
This e-mail is the property of Enron Corp. and/or its relevant affiliate and
may contain confidential and privileged material for the sole use of the
intended recipient (s). Any review, use, distribution or disclosure by
others is strictly prohibited. If you are not the intended recipient (or
authorized to receive for the recipient), please contact the sender or reply
to Enron Corp. at enron.messaging.administration@enron.com and delete all
copies of the message. This e-mail (and any attachments hereto) are not
intended to be an offer (or an acceptance) and do not create or evidence a
binding and enforceable contract between Enron Corp. (or any of its
affiliates) and the intended recipient or any other party, and may not be
relied on by anyone as the basis of a contract by estoppel or otherwise.
Thank you.
**********************************************************************


This message is just to confirm the meeting at 1:00 PM today.

  -----Original Appointment-----
From: 	Romero, Isabel
Sent:	Friday, September 14, 2001 5:38 PM
To:	Y'Barbo, Paul; Tortolero, Elio; Boe, Larry A. (Lawrence)
Subject:	Per Mariella's Request
When:	Monday, September 17, 2001 1:00 PM-2:00 PM (GMT-06:00) Central Time (US & Canada).
Where:	3AC-2109

Please advise if you will be available.


We will do our very best to keep you informed about the status of your order.
The current status of the item(s) on your order is detailed below.

Order Number: 3679548
------------------------------------------------------------------------------
Qty  Description                          Unit Cost   Total Cost    Status
------------------------------------------------------------------------------

  2  saxonygoblet1230000                         25.00       50.00  shipped

------------------------------------------------------------------------------

SubTotal:          50.00
Shipping:           6.95
Wrap Charge:        0.00
Tax:                4.70
GrandTotal:        61.65

All in stock items will ship via UPS within 2 business days. Please allow 7-10
business days for regular shipping and 2-3 days for express delivery.

If any of the items on your order shows a status of 'shipped', you can
track your shipment by logging on to http://WWW.UPS.COM and clicking on the
TRACK icon. Scroll Down and Select TRACK BY REFERENCE NUMBER then key in
the reservation number for that item found below.

Item Desc            Resv Num
----------------------------------------
SAXONYGOBLET1230000  73094708

If you have questions about your order, e-mail us at
Customer_Service@dillards.com or call 1-800-345-5273.

Thank you for shopping Dillard's Direct.


t:  please print this and the attachment.  Then, file under "Japan --
Pre-Employment Testing."   thanks!

----- Forwarded by Michelle Cash/HOU/ECT on 06/17/2000 08:36 AM -----

	Phillip -SYDNEY- Taylor@ENRON_DEVELOPMENT
	05/15/2000 12:52 AM

		 To: John Viverito/Corp/Enron@ENRON
		 cc: Paul.TYO.Davis@BakerNet.com@ENRON, Alan Aronowitz/HOU/ECT@ECT@ENRON,
Michelle Cash/HOU/ECT@ECT@ENRON
		 Subject: Re: Enron and PDI Japan

Hi John

The battery of tests includes the following:

a. Global Personality Inventory (GPI)
description: The GPI is a leadership personality inventory based on data
collected and developed by a team of industrial/organizational psychologists
from around the world. The GPI measures personality for the work context in
general and for professional for the work context and contains 37 distinct
scales that can be combined to form dimensions relevant to most job models.
Japan norms: Japanese mid-level, front-line manager, and individual
contributor norms available.

b. Advanced Progressive Matrices (Ravens)
description: This nonveral test is the same as that used by Enron Australia
through Coyne-Didsbury/PDI, and correlates highly with other tests of problem
solving capacity. Global PDI manager/executive norms available.

c. Leadership Inventory-plus
description: a PDI-structured tool used in the selection of entry and
mid-level managers, measuring those basic abilities, traits, values,
interests, and motivations that are critical to effective leadership. The LI+
includes both personality and cognitive ability (i.e., numerical, analytical,
and verbal reasoning) components. U.S. manager norms available.

The intention is to use the testing on local hires (not US nationals) to
confirm/expand on information gained in the interviewing process.  Reference
checking is a very poor substitute for interviews accompanied by some
objective abilities testing against standard norms.  The important thing is
that we don't use this information as a be all and end all test of whether we
take on a candidate or not.

The bottom line is in my professional opinion these tests are an important
part of a high quality recruiting effort (and have been demonstrated as such
in Australia on several occasions); unless there are significant legal
impediments I want to proceed with them.

Thanks

From: John Viverito@ENRON on 12/05/2000 11:29 CDT
To: Phillip -SYDNEY- Taylor/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Paul.TYO.Davis@BakerNet.com
cc: Alan Aronowitz/HOU/ECT@ECT, Michelle Cash/HOU/ECT@ECT

Subject: Re: Enron and PDI Japan

Phil-

I have raised the issue of testing with Michelle Cash, an ENA labor lawyer,
whose comments and queries are set forth below, for your review.  Please
reply to Michelle's specific queries in paragraph 3 of her e-mail.

Paul-

Following your review of the attached e-mail traffic, please provide us with
the Japanese legal perspective on undertaking these types of activities.
Also, based on your experience, inform us as to how testing of this nature
may be perceived in the Japanese market.

Best regards,

John
----- Forwarded by John Viverito/Corp/Enron on 05/12/2000 11:13 AM -----

	Michelle Cash@ECT
	05/12/2000 10:59 AM

		 To: John Viverito/Corp/Enron@ENRON
		 cc: Alan Aronowitz/HOU/ECT@ECT
		 Subject: Re: Enron and PDI Japan

John,

Thanks for including me on the distribution of this -- I received your voice
mail and was glad to be in the loop.

In general, we try to avoid any type of personality/psych testing because of
issues relating to the Americans with Disabilities Act, which prohibits
pre-employment medical testing.  It does apply to US citizens working for
Enron in foreign locations (i.e. extraterritorially).

Before we go forward and do this type of testing, it is useful to ascertain
the purpose/goal of the tests.  Why do they want this information?  Is there
another, less intrusive, way to obtain that information (e.g., references
from prior employers, etc.)?

As noted below, there may be Japanese labor/employment law issues that
address this type of activity as well.  I suggest that we obtain the
information above as well as the opinion requested below and then determine
how to proceed.

Michelle

	John Viverito@ENRON
	05/11/2000 02:44 PM

		 To: Michelle Cash/HOU/ECT@ECT
		 cc: Alan Aronowitz/HOU/ECT@ECT
		 Subject: Enron and PDI Japan

Michelle-

Pursuant to my voicemail, I am forwarding the attached e-mail traffic for
your consideration.  I am unsure as to the types of testing contemplated, but
want to ensure that such activities are permitted under Enron's policy.

Your comments on the attached agreement would also be appreciated.

Thanks,

John
----- Forwarded by John Viverito/Corp/Enron on 05/11/2000 02:36 PM -----

	Phillip -SYDNEY- Taylor@ENRON_DEVELOPMENT
	05/10/2000 05:13 PM

		 To: John Viverito@Enron
		 cc:
		 Subject: Enron and PDI Japan

Hi John

  Enron will be using PDI in Tokyo for candidate abilities testing prior to
employment.  The outcome of the testing is a confidential report that comes
to me (as HR) and I then send to the participant(s) in the recruitment
decision making process for their confidential consumption.  PDI have agreed
to me doing this via email, however are seeking some reassurance as to our
use of and maintenance of confidentiality of the final product.  Can you
review the attached and come back to me with your thoughts?  I would also
appreciate a local (Japan) opinion on the legal issues associated with
abilities/psych testing prior to employment (I know you guys shy away from it
in the US although it is quite widely accepted "down under").

Thanks and regards

Phil
---------------------- Forwarded by Phillip -SYDNEY- Taylor/ENRON_DEVELOPMENT
on 11/05/2000 09:12 ---------------------------

"Jack, Douglas" <doja@pdi-corp.com> on 10/05/2000 21:09:41
To: "'Phillip.-SYDNEY-.Taylor@enron.com'" <Phillip.-SYDNEY-.Taylor@enron.com>
cc: "Matsushita, Mayumi" <mama@pdi-corp.com>

Subject: RE: Enron and PDI Japan

Phil,
With the e-mail transmission (using .pdf files), we'll need you or someone
else in Enron to sign a document similar to the attached letter. Please read
it and let me know if you want to make any changes before we fill in all the
details.

Thanks very much,
Douglas

 - emailrelease.doc


---------------------- Forwarded by Maureen McVicker/NA/Enron on 08/21/2000
11:43 AM ---------------------------

"Elizabeth A. VanDersarl" <liz@luntz.com> on 08/21/2000 09:19:26 AM
To: "'skean@enron.com'" <skean@enron.com>
cc:

Subject: RE: Luntz Focus Groups (4 of 4)

Attached please find a sheet of pro and con statements.

 <<Statements.doc>>

 - Statements.doc


---------------------- Forwarded by Thomas A Martin/HOU/ECT on 03/20/2001
03:49 PM ---------------------------

Thomas A Martin
10/11/2000 03:55 PM
To: Patrick Wade/HOU/ECT@ECT
cc:
Subject: Re: Guadalupe Power Partners LP

The deal is physically served at Oasis Waha or Oasis Katy and is priced at
either HSC, Waha or Katytailgate GD at buyers option three days prior to
NYMEX  close.


Dave Ryan has created an on-line Fantasy Football
league using the CBS SportsLine.com Fantasy Commissioner -
and YOU have been invited to join! To accept this
invitation and join the league, click the link below (or cut
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NFL stars. The CBS SportsLine.com Fantasy Commissioner allows
Dave Ryan to make all your league's rules and run
your league in virtually any way possible.

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live out the ultimate football fantasy - running your own
team!

We hope you enjoy the CBS SportsLine.com Fantasy Commissioner.
Have a great season.

        The Staff

*******************************************************************
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a FREE Stainless Steel Thermo-Bottle! HURRY!
http://www.sportsline.com/links/6/1/224/sffif1011s.cgi
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There is 4 proposed decisions that came out today. The CPUC is set to vote on
them tomorrow.  Here is a quick overview:

1) Two decisions address how much money is collected for going forward
electric energy costs and how much of that is paid to CDWR. Average rates are
to increase 3c/kWh.  Further the AB1x  1 c/kWh is to continue.   Thus, the
total increase, relative to rates in effect in year 2000,  is 4 c/kWh
($40/MWh). Lynch was very unclear how this rate would be implemented for
residential customers (a tiering proposal will be heard separately and take
30-45 days to implement).  One of these decisions addresses how to measure
past undercollections but as far as rate increases go, they are to cover only
going forward costs.
2) One decision addresses QF issues.  I have not seen the PD (It is expected
out shortly).  The Wood PD revises his revised PD of last week (yes, a
revised, revised PD) as follows:
a) Requires QFs to be paid on a going forward basis (as of 4/1/01). Utilities
to pay within 15 days upon presentation of an invoice.  No help for past due
amounts, however.
b) Change the SRAC energy index from Topock to Malin.  Such a change will
lower the SRAC energy by &4 c/kWh8.  This is a 15% to 25% hit to SRAC
relative to the status quo, which is based more or entirely on Topock.
c) Calls for workshops to further refine the gas basis for SRAC and address
other factors in the SRAC formula such as heat rates and O&M factors
d) Works with Section 390, as is, does not depend on a legislative change
i) Thus the reason why SRAC is based upon a border price index.
e) Overall cap (i.e. 7.9 c/kWh) is dropped.
The fourth decision addresses an investigation of the utility holding
companies.  Basically the CPUC is going after utility holding companies for
funds to reduce the past undercollections.

Alan Comnes

Further Notes taken by Sue Mara during the press conference:

Lynch and Wood Running the meeting

Lynch started out castigating FERC for the "failure to act", sellers for high
prices forcing CA into this action.  Has some charts in the press package.
Talked about how wonderful the Govs proposals have been.  Said net short is
34%.  Sellers "have us over a barrell" for those sales.  Attorney Gen
continues investigation of the sellers. These are all for going forward costs
-- this doesn't address the "$ for the hot dog, which is being taken care of
in Sacramento."  She said these proposals ensure reliability and allow
Treasurer to issue bonds.  Continues to castigate FERC throughout the call.
Wants new appointments to FERC from the states -- "our cries have fallen on
deaf ears"

Lynch announced the following votes for tomorrow:

1.  Wood's proposal -- modified -- Order the IOUs to pay the QFs beginning
4/1 on a going forward basis only.  Modified existing formula in Section 390
(Legislative change to this section did not pass yet).  Shifts the gas index
from Topoc (where Wood says the prices are being mnipulated) to Malin, where
prices have been more stable.

2. Sets the CA Procurement Adjustment -- Orders the IOUs to pay the DWR for
purchases.  At one point she said that the order would be for all power for
purchased by the state beginning Jan 19; at another point she said that the
payments are for going forward costs. "It's time to pay the power bills for
California."  CPA calculated based on the "residual" method, rather than the
proportional method.  Payments to DWR made on the proportional method,
however.

3.  Lynch alternate setting a 3 cents/kWh increase in accordance with AB 1X.
(The ALJ decision said no rate increase.) Makes the 1 cent temp charge
permanent (didn't say if its additive with the 3 cents) Believe this covers
ALL needs on a going forward basis.  According to  ABX 1, small customers
with 130% over baseline get no increase, small customers with 200% increase,
get a 9 % increase -- the rest get socked, I guess.  Adopted TURN's
accounting proposal.  Will look at rate design in a future proceeding.  Takes
IOUs 30-45 days to charge the rates; will conduct a rate design proceeding
during that time period (see # 5).

4. Orders an investigation into the Utility holding company structure to see
if it is best for the public utilities.

A new proceeding was also identified.

5.  Lynch is issuing an Assigned Comissioner ruling proposing a new rate
structure. (I presume to have rates that increase greatly with more use)
Need information from DWR to calculate rates and DWR has not yet provided
it.  Described the need to have a record on this. As mentioned in #3 above --
would expect this to be comepled with a decision in 30- 45 days.

In one of the above orders, Lynch said that she orders the utililities to go
after sellers using all legal means for the unjust and unreasonable prices.

I'm still listening.

Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854


David:
In the severability language that you sent to me, one of the Sections that is
referenced after the proviso is Section 13 of the ISDA Master which as you
know covers governing law and jurisdiction.  In our Schedule, we typically
amend  section 13 (b) to provide for arbitration.  We just want to make sure
that the language in the proviso should refer to both the governing law
provision as well as the jurisdiction/arbitration provisions.  I look forward
to hearing from you.

Carol


Thomas,

I shall send you two copies. Please, confirm the receipt
when you receive the copies.

Vince

P.S. Shirley, please send 2 copies to Thomas.

 -----Original Message-----
From: 	Gygax, Thomas
Sent:	Wednesday, May 09, 2001 3:49 AM
To:	Kaminski, Vince J.
Subject:	Clewlow/Strickland, "Energy Derivatives"

Dear Vince,

I'm working in the Continental Power Structured Products group here in London, and we'd like to use the Clewlow/Strickland book "Energy Derivatives. Pricing & Risk Management".
Is there such a thing as an "Enron discount", and if so, how should we purchase the book (two copies) to get it?

Thanks,
THOMAS.


want to play liars?


Michelle, for your HR Leadership Briefing - Regards, Rj


SKILLING, JEFFREY K,

You have been selected to participate in the Mid Year 2001 Performance Management process.  Your feedback plays an important role in the process, and your participation is critical to the success of Enron's Performance Management goals.

To complete a request for feedback, access PEP at http://pep.enron.com and select Complete Feedback from the Main Menu.  You may begin providing feedback immediately and are requested to have all feedback forms completed by Friday, May 25, 2001.

If you have any questions regarding PEP or your responsibility in the process, please contact the PEP Help Desk at:
Houston:  1.713.853.4777, Option 4 or email: perfmgmt@enron.com
London:  44.207.783.4040, Option 4 or email: pep.enquiries@enron.com

Thank you for your participation in this important process.

The following is a CUMULATIVE list of employee feedback requests with a status of "OPEN."  Once you have submitted or declined an employee's request for feedback, their name will no longer appear on this list.  NOTE: YOU WILL RECEIVE THIS MESSAGE EACH TIME YOU ARE SELECTED AS A REVIEWER.

Employee Name:
CONNOLLY, LISA
JOYCE, MARY


Ike, with the danger of being too presumptious,  I thought I would follow up
with an e-mail to suggest a procedure for trading settlement offers on
Wednesday.  Attached I have a suggested template for each party to use so
that we can ensure that we are comparing "apples to apples".  I would also
suggest that each party provide sufficient back-up to justify their numbers.
It may also be helpful for TVA and EPMI to use an independent party, such as
Charles Bone, as the intermediary to facilitate the transfer of each parties
settlement offer.

I am in the office over the next several days. Lets discuss at your earliest
convenience.

Regards
Dave Delainey


She's still a porker as of this morning.

Anne Bertino@EES
03/03/2000 08:44 AM
To: Chris Germany/HOU/ECT@ECT
cc:
Subject: Judy

Chris,

Has Judy had her baby?  Her due date is today so I was wondering.  Have a
great weekend.

Anne


Sara,

The following items are outstanding issues with respect to the
above-referenced ISDA:

1. Arizona Public Service Company plans on executing the ISDA as Arizona
Public Service Company, on behalf of its Bulk Power Marketing Resource
Operations Division ("BPMROD").  It is APSC's intent in the future to create
a new entity for this division, such new entity to enter into all trading
transactions.  As a result, it is ASPC's desire to  modify the definition of
"Specified Transaction" to only include transactions between Party A and
BPMROD.

2. Procedures for Entering into Transactions - ASPC would like 5 days to
dispute or accept confirmations.  Apparently, all of their agreements provide
for 5 days, therefore any shorter time period could cause problems for them.
I had previously offered 3 days.

3. Part 5 (f) Recording - ASPC wants to consent to recordings on "trading
lines only".  They do not want to consent to officers (non-traders) being
recorded if the communication does not occur on a trading line.

4. Part 5 (g)(B) - Setoff -  ASPC wants to delete "or any of its Affiliates"
from this section.  ASPC thinks this issue is related to their issue in #1
above.  I don't see why.  What do you think?  I assume that we are not
willing to strike "or any of its Affiliates".

The only other issue is a credit issue which I am handling with Paul Radous.
So, we're close.  Let me know what you think.

Jason


Please review the attached Links Report.

Jerry Graves
713-345-8923


Brad,

Greg asked that I drop you a line to apologize for not getting back with you
as of yet.  He's running a bit behind on things.  Please look for a call from
him  on tomorrow, Friday, June 2.

It was good seeing you again.  Take Care.

Liz Taylor
713-853-1935
Liz.M.Taylor@enron.com

Bradley Romine <bradleyromine@yahoo.com> on 05/30/2000 09:50:32 PM
To: gwhalle@enron.com
cc:
Subject: Interviews

Hey Greg,
I enjoyed interviewing with both you and Jim last week
friday. I would like to talk to you some more about
the opportunities available in Enron Networks. Two
areas I thought would be interesting would either be
helping to structure a market for Enron Networks to
enter, or help develop a market that Enron Networks is
in the process of entering.

A couple of things that I thought were interesting
about your strategy for B2B is that unlike most
business plans where the strategy is build the site
and the volume will come, Enron uses it's own volume
to entice other people to participate. What most
e-commerce sites want to do is charge for the dating
process, but in reality this has very little value
added unless the market is coupled with a
finance/clearinghouse function and a physical delivary
system for physical goods. We addressed some of these
issues in the ilogex business plan.

I have attached a copy of the ilogex business plan to
give you an idea of some of my thoughts on e-commerce.
 I look forward to talking to you tommorrow morning.

Thanks,
Brad

__________________________________________________
Do You Yahoo!?
Send instant messages & get email alerts with Yahoo! Messenger.
http://im.yahoo.com/
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Bradley Romine
EES/OR Stanford University
bradley@leland.stanford.edu

 - Business.doc


What's Sunday?  Would that be "frog gras?"

	Nancy Sellers <Nancy.Sellers@RobertMondavi.com>
	05/08/2001 04:29 PM

		 To: "'Jeff Dasovich'" <Jeff_Dasovich@enron.com>, "Prentice @ Berkeley"
<PSellers@haas.berkeley.edu>, Prentice Sellers <PSellers@pacbell.net>
		 cc:
		 Subject: Can you be home

for Sunday's dinner?  I think I will order some foie for myself!

Nancy
(707) 251-4870 (phone)
(707) 265-5446 (fax)
"Plus je bois, mieux je chante"


Joe,

I have written to Pal Quilkey to invite Christian Werner to Houston
for a week to discuss how much of his research we can use.

Vince

Joseph Hrgovcic
08/01/2000 06:51 PM
To: Vince J Kaminski/HOU/ECT@ECT, Mike A Roberts/HOU/ECT@ECT
cc:
Subject:

Vince,

 I have inquired into Christian's climate models. It seems to me like a long
term project. Chiristian says that his model might be able to do better than
the Australian Met given that they ignore some of the variables he uses and
that they are an "old boy's network"  resistant to new developments, but I
don't think the same can be said of most other weather services. As far as
the NWS goes, they run their model on a Cray, they have several very talented
PhD's working on it full-time,  and even then, they can only get a dozen or
so runs per night. In other words, it's a huge system. Replicating something
even close to that will not be an easy task.

 That being said, I think there are related applications that we could look
into.  Since I've already promised the RAC group and the weather desk's PJM
traders to put together a Vector AutoRegressive model of daily temperatures,
I think it makes sense to see if something better than a VAR model can be put
together, perhaps a very stripped down version of the kind of model Christian
has. What I have in mind is something  that would give us say, up to several
dozens of "possible" temperature forecasts every morning, which would be
calculated using actual climate models (as opposed to time series models). I
would not use this as a forecasting tool (the NWS model results would make a
far better  "best guess"), but our ensemble could still be used to provide a
distribution of temperature scenarios. This ensemble would have several uses:

 1) we could price the book for the ensemble of runs and thereby obtain a
more realistic daily V@R for the Weather Book (and eventually interface that
with the power desk's V@R calculations)

 2) we could use the ensemble of forecasts to relate temperature forecasts to
week-ahead CDD and HDD distributions (for use in our demand swaps)

 3)  if Freese-Notis were to give us one of their qualitative forecasts,
e.g., "expect the trough to recede" we could sort through the different Monte
Carlo scenarions, find one in which the trough in question is receding, and
use corresponding output statistics to download the actual temperatures
corresponding to that scenario. Up till now, we haven't found a good way of
getting a numerical fix on what different forecasts actually mean
temperature-wise

 4) we could use the associated visualization routines that come with such
models to get animations of the evolution of historical weather patterns. The
traders could use these in order to look for historical periods which roughly
match current weather conditions and get an idea of what could happen;
although these meteorological models would not be good for simulating
month-ahead or season-ahead weather (trust me on this) we could still use the
visualization technology to do to analogous seasonal animations.

 Just today, I've spoken with Dr. Jacobsen of Stanford University, who has
written one of the more recent textbooks on climate forecasting , and who
worked with UCLA's general circulation model.  He says that getting a
simplified version of MM5 (which is itself a simplified, limited-area version
of the GCM models that NWS, COLA, and UCLA use) would take several months to
implement,  assuming the people involved are already well versed in the
technology. Also, I have contacted AER, a Massachusetts- based weather
consulting firm, and they tell me that they have a MM5 model running daily
(only one run per night), and also some smaller PC models up and running.
They are of course willing to work with us for a fee. Their MM5 version runs
on a $200,000 parallel processor.

 I am open to your suggestions (or objections as the case may be). I'm not
sure how the costs would be apportioned given that this would benefit all of
Enron, and not just the weather desk.

 I am scheduled to go to Boston next week anyway, and would like to use the
opportunity to visit with AER. I will of course coordinate any projects with
Christian (if we get something like this up and running it will be more
likely that he can get the computing power he needs to run his own Australian
model).

Joe


Mark Taylor has a one-way messaging pager.

to leave a numeric message:  1-877-855-2081

To send an email message:  8778552081@pagenetmessage.net

Thanks!
Holly Keiser
Enron Americas
Legal Department - EB 3887
713-345-7893 (ph)
713-646-3490 (fx)
Holly.Keiser@enron.com


Ricardo --

I tried to call this morning - no answer.  Pls give me a call today.

Jim


going to sell mine to ashley and get this one....
http://www.ritzcamera.com?prp=541163143


Michelle, I need your help on this issue as we are in  the meeting phase and
are getting questions(
As far as managed out employees, we,d like to include them in the system in
some fashion.  If we make them &active8 in addition to the legal implications
that may exist, we will skew our demographics.  Do you have any issue with
our making/calling  these managed employees terminated emp. 1, 2, 3 etc, if
that is possible in the system and keeping them separate from the
demographic numbers which Andrea is working with?

Thanks Gina
 -----Original Message-----
From:  Corteselli, Gina
Sent: Friday, May 25, 2001 11:57 AM
To: Cash, Michelle
Cc: Oxley, David; Inglis, Elspeth
Subject: need advice on managed out folks
Importance: High

Michelle;
As regards managed out employees, I believe the plan is to still include them
in BU distribution.  The method of including them may give you some
heartburn.  In essence, in order to graph during the meeting to show
distribution with the  managed out people, we would either have to enter
dummy data into PEP (which corrupts our data and could mess up datamart which
we feed into), or we have to add them into PEP as active employees (PEP can,t
pull inactive employees), or as business associates.
What is your take on this?

On another less troublesome issue, we will have the diversity system up and
running on Tuesday.  We can,t migrate the program into stage, because we,re
using that environment for PC driver training.  (more than you wanted to
know?)
If ok w/ you we can discuss diversity stats on Tuesday.


Mom,

That sounds good.  You can bring the curtains when you come.  What time do
you think you can make it down here on Friday?  We will probably be leaving
farily early to go to the rodeo (about 5:00).  We can have the girl across
thestreet take care of Cole until you get there.

Daren

"pam farmer" <fpam_@hotmail.com> on 02/10/2000 09:54:57 AM
To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: curtains

Hey!  The curtains look good--I hope they do when they are hung-- Lacy & I
are planning to come next Friday the 18th. when ya'll go to the rodeo.  I'm
taking a personal day from the bus and leaving early. Thought I would bring
them. Answer & let me know if that's ok.  If you need them before then I'll
try to get them mailed.  Hope sweet Cole is feeling better over his cold.
Love you, Mom
______________________________________________________
Get Your Private, Free Email at http://www.hotmail.com


Mark, we should rotate the desk (as per this email).  Shall I speak to the
group or would you prefer to do it?  SS
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 01/04/2000
05:04 PM ---------------------------

Susan Bailey
01/04/2000 04:39 PM
To: Sara Shackleton/HOU/ECT@ECT
cc:
Subject: Confirmation Desk Rotation

Sara,

With end of 1999 so came the end of my four (4) month rotation as the Legal
Contact for the Confirmation Desk.  Back in August, Carol, Shari and you had
determined that a Confirmation Desk Rotation was essential, and had therefore
designated me to serve the September 1, 1999 - December 31, 1999 rotation.
It was my understanding, Susan Flynn would begin her rotation commencing on
January 1, 2000, with Marie Heard following at the expiration of Susan
Flynn's term.

However, your recollection as to who follows me may be different.  Also, you
want to discuss this matter with Mark since he was not in attendance at the
August meeting.

Thanks.


Enron AVAYA (formally Lucent Technologies) PBX & VoiceMail Outage for Enron
Center South Conversion

Due to the outstanding efforts of our ENRON and AVAYA teams, we were able to
complete both Phase I and Phase II of the project this past weekend.  There
will be NO PHASE II TELEPHONE OUTAGE scheduled for this weekend.

Thank you for your cooperation.

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

Systems:
Enron Downtown Houston AVAYA Telephone & VoiceMail Systems

Affected Users:
All Enron Houston Downtown Telephone and VoiceMail Users

System Outage Duration: PHASE II
Enron Building, 500/600 Jefferson and Pennzoil April 6, 2001, 10:00PM - April
7, 2001, 4:00AM

Summary:

PHASE II  April 6, 2001

Enron Building, 500 Jefferson, 600 Jefferson and Pennzoil Enron telephone
systems, including ALL voicemail users, will be totally out of service
beginning Friday evening, April 6th.  The outage will begin at 10:00 PM on
Friday evening. The systems will be out of service until approximately 4:00
AM, Saturday morning, April 7th.


Yes to arbitration. No to waiver of jury trials,unless the counterparty is in
the Rio Grande Valley or some other bad venue.

Dan Lyons
01/19/2000 09:40 AM
To: Richard B Sanders/HOU/ECT@ECT
cc: rstephens@bracepatt.com
Subject: Arbitration

What is the current scorecard on thee matters....Last time I heard it was yes
on arbitration and no on waivers of jury trials..Is that still the paradigm?
---------------------- Forwarded by Dan Lyons/HOU/ECT on 01/19/2000 09:38 AM
---------------------------

"Robert Stephens" <rstephens@bracepatt.com> on 01/19/2000 08:28:53 AM
To: Dan Lyons/HOU/ECT@ECT
cc:
Subject: Arbitration

Are we arbitration or litigation friendly now?  If litigation, are we juries
or no juries?  Information for an Enron deal.


Here is an updated list of all brokers, and which one of us handles the
specific broker.

Patrick    53877
Kristine   53126


-----Original Message-----
From:  Logan, Jackson
Sent: Friday, March 23, 2001 1:10 PM
To: jknight@knightrealestate.com; jsummerford@notrecap.com; Bagwell,
Jennifer; Love, Phillip; plogan@grubb-ellis-tx.com; weylandt@swbell.net;
jennifer.stelling@gtedc.gte.com; villanovaman@worldnet.att.net;
sweylandt@dttus.com; jlogan@hough.com
Subject: Funny

---------------------- Forwarded by Jackson Logan/HOU/ECT on 03/23/2001 01:07
PM ---------------------------

"Thorp, Brian C" <Brian_Thorp@AIMFUNDS.COM> on 03/23/2001 12:22:27 PM
To: "Tiffany Talbot (E-mail)" <tifftalbot@hotmail.com>, "Brittney Kaiser
[Brittkaiser@Yahoo.Com] (E-mail)" <brittkaiser@yahoo.com>, "Jackson Logan
(E-mail)" <jlogan3@enron.com>
cc:
Subject: My favorite is, of course, smackin dat '

 http://home.earthlink.net/~zefrank/invite/swfs/navigation.html


U.S. GEOLOGICAL SURVEY  NATIONAL EARTHQUAKE INFORMATION CENTER
World Data Center for Seismology, Denver

Reply to: sedas@neis.cr.usgs.gov or neic@usgs.gov

The following is a release  by  the  United  States  Geological  Survey,
National  Earthquake Information Center:  A moderate earthquake occurred
NEAR THE SOUTH COAST OF JAWA, INDONESIA about 35 km (20 miles) southwest
of  Yogyakarta  at 11:05 PM MDT yesterday, May 24, 2001 (May 25 at 12:05
PM local time in Jawa, Indonesia).  A PRELIMINARY MAGNITUDE OF  5.9  WAS
COMPUTED FOR THIS EARTHQUAKE.  The magnitude and location may be revised
when  additional  data  and  further  analysis  results  are  available.
Several  people  were  injured when the fled a shopping center in panic.
Walls of some houses and buildings were cracked.

EDIS-05-25-01 1604 PDT

---------------------------------------------------------
To update or terminate your subscription to this email service
visit our webpage at http://www.incident.com/edismail.html.

EDIS is operated by the Governor's Office of Emergency Services,
State of California. This email relay is offered by incident.com
as a public service. Because of the complexity of this system and
its dependence on other systems, we cannot be responsible for
delays or failures in transmission.
---------------------------------------------------------


-----Original Message-----
From: 	Bharati, Rakesh
Sent:	Friday, June 29, 2001 1:07 AM
To:	Yoho, Lisa; Huson, Margaret
Cc:	Kaminski, Vince J
Subject:	New Version (Grammatical Changes Only)

Here is a grammatically correct version.  Hopefully it will make for somewhat easier reading.  In my haste to get it out, I did not check the grammar carefully.

Sorry for the inconvenience.

Rakesh


Thank you!

 -----Original Message-----
From: 	Mathis, Anitha
Sent:	Wednesday, February 27, 2002 1:03 PM
To:	Scott, Tracy
Cc:	Fagan, Fran; Donoho, Lindy
Subject:	RE: Time Lindy Donoho

Finished.

Thanks
Anitha

 -----Original Message-----
From: 	Scott, Tracy
Sent:	Friday, February 22, 2002 1:21 PM
To:	Enron Payroll
Cc:	Fagan, Fran; Donoho, Lindy
Subject:	Time

Lindy Donoho (P# 505520) erroneously had 12/27-28 & 12/31 coded as vacation,
although she did not take them.

Therefore, please add 26 hours to her 2002 available vacation balance.

Let me know if you have any questions.

Thanks,
Tracy  :o)

 -----Original Message-----
From: 	Fagan, Fran
Sent:	Wednesday, February 20, 2002 12:41 PM
To:	Scott, Tracy
Cc:	Donoho, Lindy; Robertson, Audrey
Subject:	vacation correction

Please add 26 hours to Lindy Donoho, p505520 2002 vacation carryover.  26 hours were incorrectly coded last year as vacation, which was not taken.

Thanks in advance,

Fran Fagan
Sr. HR Rep
Enron Transportation Services
713.853.5219
fran.fagan@enron.com


Don -

Attached are some water info.  Mike Wisdom (EE&CC) probably has the original
documentation, but I can't reach him.  Ben, you may want to keep trying.

Mitch
---------------------- Forwarded by Mitch Robinson/Corp/Enron on 10/20/2000
02:45 PM ---------------------------

	From:  Norris Herrington @ ENRON_DEVELOPMENT
10/20/2000 02:36 PM

To: Mitch Robinson/Corp/Enron@Enron
cc:

Subject: Water analysis for Gleason and Wheatland

Mitch,

The attached files contain the info.

For Gleason:  All I have is the water specs that Mike Wisdom placed in the
RFQ that went to Ecolochem and US Filter; I do not have copies of the
original source documentation.

Let me know if you need more.

Norris


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 Attention Fantasy Players! Cant find that perfect gift? Let MVP.com make it easy for you! Save 10% on your next purchase when you purchase a Gift Certificate from now until 12/27/01. Click Here for Details .     Brought to you by   Sponsorship Bar You are receiving these e-reports because you have signed up for CBS SportsLine.com Fantasy Football.  To customize, reschedule, or turn off these reports please  click here    Standings, Summary  [IMAGE]Big 12 Division Team W L T Pct Back Strk  Div Wks PF Back PA Meximullets  8 7 0 0.533 0.0 L1 6-2-0 2.0 2087.0 0.0 2025.0 The Guzzlers  7 7 0 0.500 1.0 W1 5-3-0 1.0 1829.0 258.0 1789.0 The Lie Downs  7 7 0 0.500 1.0 L1 4-4-0 1.0 1730.0 357.0 1759.0 oops, I did it again  6 8 0 0.429 2.0 W1 5-3-0 0.5 1776.0 311.0 1753.0 One Man Show  5 9 0 0.357 3.0 L3 2-6-0 1.0 1690.0 397.0 1766.0 Thrill Kill Cult  3 11 0 0.214 5.0 L1 2-6-0 0.0 1498.0 589.0 1810.0 SEC Division Team W L T Pct Back Strk  Div Wks PF Back PA The Fat Bastards  12 3 0 0.800 0.0 W1 7-2-0 2.0 2036.0 51.0 1862.0 Who's Yo Daddy  12 3 0 0.800 0.0 W11 5-3-0 1.0 2014.0 73.0 1746.0 The Executioners  9 6 0 0.600 3.0 L1 3-6-0 2.0 1995.0 92.0 1902.0 Not So Nice Machine  7 7 0 0.500 5.0 L1 4-4-0 2.0 1742.0 345.0 1831.0 The Snake Pit  5 9 0 0.357 7.0 L5 3-5-0 0.5 1796.0 291.0 1972.0 North Blvd Nutwhackers  5 9 0 0.357 7.0 W1 3-5-0 2.0 1790.0 297.0 1768.0  Statistics, Scoring  [IMAGE]The Executioners Actives Player Pos Scoring Score Gannon, Rich  QB 29 PaCmp (29 Pts), 249 PaYd (12 Pts), 1 PaTD (4) (6 Pts), 1 PaInt (-3 Pts), 11 RuYd (1 Pt) 45.0 Barber, Tiki  RB 47 RuYd (4 Pts), 6 Recpt (6 Pts), 24 ReYd (1 Pt) 11.0 Davis, Stephen  RB 57 RuYd (5 Pts), 1 RuTD (3) (6 Pts), 2 Recpt (2 Pts) 13.0 Booker, Marty  WR 7 Recpt (7 Pts), 74 ReYd (3 Pts) 10.0 Carter, Cris  WR 7 Recpt (7 Pts), 88 ReYd (4 Pts) 11.0 Warrick, Peter  WR 1 Recpt (1 Pt) 1.0 Gonzalez, Tony  TE 2 Recpt (2 Pts), 22 ReYd (1 Pt) 3.0 Vinatieri, Adam  K 2 FG (32,23) (6 Pts), 2 XP (2 Pts) 8.0 Jets  DT 2 SACK (4 Pts), 2 DFR (8 Pts) 12.0    [IMAGE] TOTALS     114.0 The Executioners Reserves Player Pos ST Scoring Score Bledsoe, Drew  QB RS   0.0 Brady, Tom  QB RS 11 PaCmp (11 Pts), 108 PaYd (5 Pts), 1 PaTD (23) (6 Pts), 1 Recpt (1 Pt), 23 ReYd (1 Pt) 24.0 Canidate, Trung  RB RS   0.0 Connell, Albert  WR RS   0.0 Jefferson, Shawn  WR RS 2 Recpt (2 Pts), 22 ReYd (1 Pt) 3.0 Tomlinson, LaDainian  RB RS 145 RuYd (19 Pts), 3 Recpt (3 Pts) 22.0 Williams, Roland  TE RS 5 Recpt (5 Pts), 32 ReYd (1 Pt), 1 ReTD (4) (6 Pts) 12.0     [IMAGE] TOTALS       61.0  NFL Reports, Player Updates  [IMAGE]Latest NFL Player News  Jerome Bettis , RB PIT - Who's Yo Daddy Updated 12/25/01 Bettis is listed as questionable for Week 16. However, he may be able to return to the Steelers' starting lineup. Bill Cowher said Bettis is progressing, and he will be used this week if healthy.   James Stewart , RB DET - The Lie Downs Updated 12/23/01 Stewart suffered a sprained ankle early in Sunday's game at Pittsburgh. He was replaced by Lamont Warren in the first quarter, and Stewart did not return.   Cameron Cleeland , TE NO - Free Agent Updated 12/23/01 Cleeland injured his Achilles tendon on Sunday. He is not expected to play again this season.   Ahman Green , RB GB - Thrill Kill Cult Updated 12/23/01 Green left Sunday's game in the fourth quarter with labored breathing. He was replaced by Dorsey Levens.   Todd Bouman , QB MIN - Meximullets Updated 12/23/01 Bouman was able to start Sunday's game, but he re-injured his thumb in the first quarter and was replaced by Spergon Wynn.   Wesley Walls , TE CAR - The Snake Pit Updated 12/23/01 Walls was able to play in Sunday's game despite an ankle injury, but he left the game before halftime after spraining his left knee.   Martin Gramatica  , K TB - One Man Show Updated 12/23/01 Gramatica injured his hamstring in the fourth quarter on Sunday. He hurt himself on a PAT attempt, but Gramatica is expected to play on December 29.    Todd Bouman , QB MIN - Meximullets Updated 12/23/01 Bouman is now listed as probable for Sunday's game. He should be able to start against the Jaguars, but he may play with some pain in his thumb.   Jeff Graham , WR SD - oops, I did it again Updated 12/23/01 Graham probably won't play Sunday at Kansas City because of the death of his father in a car accident, coach Mike Riley said Friday. If Graham doesn't play, Trevor Gaylor will start in his place and Nate Turner will be signed off the practice squad. The Chargers are already missing their No. 3 receiver, Tim Dwight, due to complications of a collapsed lung.   Antowain Smith , RB NE - The Guzzlers Updated 12/23/01 Smith rushed for a career-high 156 yards and a touchdown Saturday. He has been one of the best runners in the AFC and will help carry your team to Fantasy glory.     Steve McNair  , QB TEN - North Blvd Nutwhackers Updated 12/23/01 McNair played Saturday despite suffering from back spasms all week. He played well, throwing a touchdown pass in the second half. Expect him to be a solid No. 1 QB.  Jeff Garcia , QB SF - The Guzzlers Updated 12/23/01 Garcia, whose practice time was limited all week, played in Saturday's game. He admitted afterwards that he has a cracked rib. He played with extra padding, saying it didn't greatly affect his throws. Garcia might not be at full strength in the remaining weeks but he will still be a solid No. 1 Fantasy QB.   Eddie George , RB TEN - Thrill Kill Cult Updated 12/23/01 George played in Saturday's game despite suffering from an ankle injury. He left in the third quarter because of a neck injury but returned to the game.  Oronde Gadsden , WR MIA - Thrill Kill Cult Updated 12/23/01 Gadsden did not play in Saturday's game against the Patriots because of a hamstring injury. Chris Chambers started in his absence.  Fred Beasley , RB SF - Free Agent Updated 12/23/01 Beasley broke his right hand. He will probably be sidelined for the rest of the regular season.   Joe Horn , WR NO - The Lie Downs Updated 12/21/01 Horn is once again performing like an elite Fantasy receiver. He is a must-start player during the final weeks of the NFL season.   Maurice Smith , RB ATL - Who's Yo Daddy Updated 12/21/01 A banged-up Smith hasn't done much statistically in recent weeks. Don't depend on him during the Fantasy playoffs.   Donald Hayes , WR CAR - Free Agent Updated 12/21/01 Hayes may step back into the forefront this week as the No. 1 wideout in place of Muhsin Muhammad. He isn't very explosive, however, and won't help Fantasy teams much during Weeks 15 through 17.    Chris Weinke , QB CAR - The Lie Downs Updated 12/21/01 Consider Weinke as a backup during the Fantasy playoffs. He lacks the weapons to post better-than-average numbers, but he is a good option if you need an emergency QB.   Kurt Warner , QB STL - Who's Yo Daddy Updated 12/21/01 Warner should guide many Fantasy teams to success during the playoffs. Expect fine numbers from him the rest of the way.  Rich Gannon , QB OAK - The Executioners Updated 12/21/01 Gannon has been a top-flight Fantasy QB this year. He will be a key player on many title teams, and should never be benched.   Randy Moss , WR MIN - Meximullets Updated 12/21/01 Moss started off slow this season but has once again been one of the best wideouts. Don't hesitate to start him during your playoff run.  Marvin Minnis , WR KC - North Blvd Nutwhackers Updated 12/21/01 Minnis hasn't done much to help Fantasy owners this year. Don't use him during the remaining weeks of the NFL season.   Michael Westbrook , WR WAS - The Snake Pit Updated 12/21/01 Westbrook has been inconsistent this season as a Fantasy player. He will be a good No. 2 at best during your playoffs.  Rod Gardner , WR WAS - Not So Nice Machine Updated 12/21/01 Gardner has been very inconsistent this season. Unless you play in a deeper league, starting Gardner isn't advisable.    Tony Richardson , RB KC - Free Agent Updated 12/21/01 Richardson hasn't been a consistent scoring threat this year. Don't use him during the Fantasy playoffs.   Tony Gonzalez , TE KC - The Executioners Updated 12/21/01 Gonzalez hasn't played as well as expected this year. Still, he is too talented to bench during the Fantasy playoffs.   Brett Favre , QB GB - The Fat Bastards Updated 12/21/01 Favre has been one of the best QBs this season. Count on him to help lead your team to Fantasy glory.  Trent Green , QB KC - Meximullets Updated 12/21/01 Green has been an inconsistent Fantasy QB this year. He is a risky start during the rest of the season.   Bill Schroeder , WR GB - Not So Nice Machine Updated 12/21/01 Schroeder has had a solid season. Look for him to be a reliable No. 2 wideout during your postseason.  More Updates  [IMAGE]  Copyright 2001 Commissioner.COM Inc and SportsLine.com Inc. Your site can be reached from http://fantasy.sportsline.com   FB10SP


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I will let y'all use your discretion as to whether  to forward this to
McClendon or not!!

 - demoseal (2).jpg


Please see the attached memo from Jeff and Ken.