Vanguard Files To Offer Exchange-Traded Shares For Five Index Funds

05/12/2000
Dow Jones Business News
(Copyright (c) 2000, Dow Jones & Company, Inc.)

NEW YORK -(Dow Jones)- Mutual-fund giant Vanguard Group is seeking regulatory
permission to offfer a new type
of share class for five of its nine stock-index funds that would act like
exchange-traded funds.

Vanguard, which has thrived for years by offering low-cost stock funds, said
the share class, called "Viper" shares
for Vanguard Index Participation Equity Receipts, will be listed on the
American Stock Exchange. The funds which
filed to register a Viper class of exchange-traded shares are Vanguard 500
Index Fund, Vanguard Growth Index
Fund, Vanguard Total Stock Market Index Fund, Vanguard Value Index Fund and
Vanguard Small-Cap Index
Fund.

Index mutual funds, traditionally the lowest cost provider of mutual fund
portfolios, are being challenged by
exchange-traded funds, which are mutual-fund-like vehicles that trade over an
exchange like a stock.
Exchange-traded funds cost less than index funds because the asset-management
firms that sponsor them don't
deal directly with the individual investor through expensive telephone
centers and retail offices.

The Viper shares differ from conventional mutual fund shares in that they
trade continuously at market prices on the
American Stock Exchange rather than the calculated net asset value of the
fund determined at the end of the
trading day. Given this flexibility, Vipers shares are expected to appeal
primarily to short-term investors. Vanguard
has yet to determine the expense ratios for the Viper shares.

The move by Vanguard, the second largest mutual fund company, comes amid
heightened competition in the
marketplace for index investors. Barclays Global Investors, a huge presence
in the pension-investing world. is
preparing over the next four weeks to unveil 28 new index funds that will
also trade on the American Stock
Exchange. The exchange-traded funds will track everything from the total U.S.
stock market to industrial and
Internet sectors.

The flagship Barclays product, iShares S&P 500 Fund, will mirror the
big-company Standard & Poor's 500-stock
Index and will have an annual expense ratio of 0.08% to 0.10% of assets,
people familiar with the situation told The
Wall Street Journal. That's about half the price currently paid by investors
in the $105 billion Vanguard 500 Index
Fund.

(Compiled from Dow Jones Newswires and other sources)

Copyright (c) 2000 Dow Jones & Company, Inc.

All Rights Reserved.

Daily Update -- McGraw-Hill Sues Vanguard Over Planned Vipers Funds

06/08/2000
Dow Jones Business News
(Copyright (c) 2000, Dow Jones & Company, Inc.)

Dow Jones Interactive
Financial Services Update
For June 8, 2000
Today's top stories as of 4 p.m. EDT:

- McGraw-Hill Cos., on behalf of its Standard & Poor's Corp. unit, has filed
a lawsuit in federal court charging the
Vanguard Group Inc. with breach of contract and trademark infringement in
connection with the mutual fund
company's proposed new Vipers exchange-traded funds, or ETFs.

McGraw-Hill's suit alleges Vanguard breached the companies' 1988 license
agreement by using Standard & Poor's
proprietary indices and trademarks for the Vipers exchange-traded products
without permission.

Officials from Vanguard, the nation's second largest fund firm, weren't
immediately available to comment on the
lawsuit.

Exchange-traded funds are a hybrid version of index mutual funds that can be
bought or sold during the day at
market prices instead of at the once-daily 4 p.m. price used by traditional
mutual funds. ETFs are single shares of
stock that replicate an index such as the Standard & Poor's 500.

Standard & Poor's currently has more than 400 license agreements for uses of
its indices and trademarks, including
agreements related to ETFs, according to McGraw-Hill.

McGraw-Hill wants to prevent Vanguard from using S&P's indices and trademarks
in connection with Vipers or any
other exchange-traded security. The complaint also seeks an order requiring
Vanguard to withdraw its Securities
and Exchange Commission application for Vipers, and seeks an order declaring
Vanguard liable for unspecified
damages and attorneys' fees.

- Liberty Financial Cos. confirmed it is in talks to acquire Wanger Asset
Management L.P., which operates the
Acorn mutual funds.

The Wall Street Journal reported Thursday that Liberty (L), a Boston-based
asset-management company, would pay
about $450 million for Wanger, a Chicago investment company that has been on
the SELLING block for several
months.

The Journal said the reported price of the transaction, which equals about 6%
of Wanger's $7.3 billion of assets
under management, would be considered a healthy one for a mutual-fund company
and follows a recent trend of
well-priced deals. Pioneer Investment Management was bought last month for
$1.2 billion, about 5% of assets, even
as the firm's management was being sharply criticized by shareholders and its
funds were suffering big withdrawals.

The typical price for a fund firm had been about 3% of assets, depending on
how the assets were invested. Wanger
was considered attractive because most of its assets are in highly profitable
stock mutual funds.

Liberty, majority owned by Liberty Mutual Insurance Co., has about $67
billion in assets and 95 mutual funds.

- Midwest bank National City Corp. will sell about $2 billion in student
loans as part of a restructuring of its balance
sheet. The company said the sale, expected to close in the second quarter,
will result in a pretax gain of about $75
million.

In addition to the student loan sale, National City is also evaluating other
alternatives. Some would require the
recognition of losses, given current market conditions.

Cleveland-based National City (NCC) reported a decline in first quarter net
income as borrowing costs rose more
than loan rates. Last November the bank warned analysts to reduce profit
estimates as the spread between its
borrowing costs and lending rates shrank. The problem for National City and
many banks is the failure of deposit
growth to keep pace with loan demand. That forces them to fund loans with
money borrowed at higher rates in the
capital markets.

National City expects its balance sheet reorganization to be complete by the
end of the third quarter.

- Led by a fall in the typical interest rate on a 30-year fixed mortgage,
rates declined in a weekly survey from
Freddie Mac.

The mortgage buyer (FRE) said the average rate lenders were seeking on a
fixed, 30-year mortgage fell to 8.32% for
the week that ends Friday. That is down from 8.54% last week.

The average rate for a fixed, 15-year mortgage was 8.04%, down from 8.24%.
The rate for one-year, adjustable rate
mortgages, or ARMs, slipped to 7.24% from last week's 7.25%, which was the
highest since April of 1991.

The Freddie Mac survey appears to confirm that mortgage rates, which rose to
their highest level in five years in
May, may have eased a bit.

HSH Associates, a Butler, N.J. financial publisher, said the average rate for
a 30-year fixed-rate mortgage fell to
8.4%, down from a high of 8.79% for the week ended May 19.

"I wouldn't call it a rally, but we are getting some relief," Keith
Gumbinger, an analyst at HSH told The Wall Street
Journal.

Recent economic data - including a Labor Department report last week showing
a rise in the unemployment rate -
suggest the economy is cooling. That has calmed fears about inflation,
sending interest rates for Treasury bonds
and mortgage-backed securities - which mortgages follow - lower.

---

This newsletter was assembled from Dow Jones Business News in the Newsstand
section of Dow Jones Interactive,
http://djinteractive.com.

Copyright (c) 2000 Dow Jones & Company, Inc.

All Rights Reserved.

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


Jim,

Thanks for trying to call.  I am not surprised by this outcome.   I guess
wer're bargaining!

Michelle

"Carroll, James" <JCarroll@littler.com> on 12/01/2000 05:39:19 PM
To: "'Cash, Michelle: Enron'" <michelle.cash@enron.com>, "'Sayre, Frank:
Enron'" <fsayre@enron.com>
cc:
Subject: FW: Translated Documents

Wow, this is a shock.  I tried to reach each of you by phone this afternoon.

I suggest we discuss this Monday morning either before or during a
conference call with the Strategy Group.

-----Original Message-----
From: Victor.Vega@enron.com [mailto:Victor.Vega@enron.com]
Sent: Friday, December 01, 2000 5:31 PM
To: Holly.Keiser@enron.com
Cc: vantonetti@gaclaw.com; jcarroll@littler.com;
michelle.cash@enron.com; greg.curran@enron.com;
pherrington@edisonmission.com; kniemann@missionenergy.com;
sjavila@littler.com; mspikes@edisonmission.com; victor.vega@enron.com;
tcamejo@enron.com; Coralina.Rivera@enron.com; Frank.Sayre@enron.com
Subject: Re: Translated Documents

The EcoElectrica elections held today was won by the United Steelworkers of
America Union with the following results:

UNION--------- 22 VOTES
COMPANY--- 14 vOTES

One employee did not show-up due to sickness.

THIS OUTCOME WAS A TOTAL SURPRISE FOR ME AND THE REST OF THE STAFF.

VICTOR

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Shirley,

Please, make sure that I follow up on this.

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 05/02/2001 09:46 AM ---------------------------

Vince J Kaminski
05/02/2001 09:42 AM
To:	Dorothy Dalton/Enron Communications@ENRON COMMUNICATIONS@ENRON
cc:	Vince J Kaminski/HOU/ECT@ECT, Vasant Shanbhogue/Enron@EnronXGate
Subject:	Re: message from Ken Rice

Dorothy,

No problem. Please, CC-mail  me
Tom's number. One of the members of the group has a PhD in
computer science and he will join me for the call.

Vince

From:	Dorothy Dalton@ENRON COMMUNICATIONS on 05/01/2001 08:53 AM
To:	Vince J Kaminski/HOU/ECT@ECT
cc:
Subject:	message from Ken Rice

Vince:

Ken Rice received a call through a friend's referral from Dr. Tom Limperis (a professor at the University of Michigan).  Dr. Limperis has developed a statistical database management system he would like to show Enron.  Ken would like you to return this call on his behalf.  He feels that you are probably the only person who will understand and be able to determine if Enron should have an interest.

Do you mind returning this call?  Please let me know.

Thanks!

Dorothy Dalton
Office of the Chairman
Enron Broadband Services
1400 Smith Street, EB4505
Houston, TX  77002
713-853-6724 - direct
713-853-9469 - fax

<Embedded StdOleLink>


I said at yesterday's meeting that I would get back to you concerning the
speed issues of the V@R calculations - here's the response...

I spoke with Steve Stock, the Director of RAC systems.  He agreed that there
are performance problems and this is being addressed in a technology review
being conducted by my application architecture group.  There are plans to
re-architect the application so it can handle real time calculations.  Once
the results of the review are known - I will be more than happy to share them
with you.  The V@R process currently takes 11 hours from start to finish.  We
also find this unacceptable!

Also, the front end is very slow in accessing data.  There is a new front end
in development that will address these problems.

I'll keep you posted as new developments occur.

Beth


Start Date: 1/26/02; HourAhead hour: 18;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002012618.txt


Okay, okay...The real Susan is back.  So, do you think I should sport the
leopard pants to the party?

By the way, your personal taxi service is on call Sunday  so just let me know
when you need to be picked up (you're flying out of intercontinental, right?).

Ted Noble
07/27/2000 01:31 PM
To: Susan M Scott/HOU/ECT@ECT
cc:
Subject: Re: Alternative to a .com luau

Who is this girl pretending to be Susan?

Susan M Scott
07/27/2000 12:23 PM
To: Ted Noble/HOU/ECT@ECT
cc:
Subject: Re: Alternative to a .com luau

Look at you trying to bring me out of my shell.  I don't know if I'm really
ready though to meet so many new people.  Remember...I am a shy, retiring
wall-flower.


A heads up for you gas folks that Enron will be on ComEd's side against Dynegy on this power issue at
FERC, since EES designates Firm LD contracts as sources on ComEd's network transmission system (Dynegy wants ComEd to only allow "capacity" contracts to be used).  We plan to file the Enron response on Friday.

 -----Original Message-----
From: 	Nicolay, Christi L.
Sent:	Wednesday, October 24, 2001 8:58 AM
To:	Lindberg, Susan; Herndon, Rogers; Misra, Narsimha; Sharfman, Guy; Sager, Elizabeth; Murphy, Harlan; Steffes, James D.; Migden, Janine; Forster, David; Baughman Jr., Don; Stroup, Kerry; Roan, Michael; Kingerski, Harry; Shapiro, Richard; Novosel, Sarah; Fulton, Donna; Presto, Kevin M.; Sturm, Fletcher J.
Subject:	Dynegy v. ComEd update

Susan and I will circulate a draft response against Dynegy's position later today.  ComEd plans to file a lengthy answer disputing Dynegy stating that there are no transmission problems due to the use of the firm LD resources and that FERC precedent does not support a capacity payment requirement.

Enron will respond similarly and include an argument that Dynegy is actually trying to create an "icap/capacity" requirement where there is none (Dynegy's pleading states "ComEd's failure to enforce the network designation provisions of its OATT also deprives Dynegy of capacity payments to which it is entitled.)  We will also include statements that the continuation of the network v. PTP transmission tariffs perpetuates these types of issues and the market/tariff design that we advocate should be approved to stop these problems.

 -----Original Message-----
From: 	Lindberg, Susan
Sent:	Saturday, October 20, 2001 5:20 PM
To:	Nicolay, Christi L.; Herndon, Rogers; Misra, Narsimha; Sharfman, Guy; Sager, Elizabeth; Murphy, Harlan; Steffes, James D.; Migden, Janine; Forster, David; Baughman Jr., Don; Stroup, Kerry; Roan, Michael; Kingerski, Harry
Subject:	Dynegy vs. ComEd (EL02-6) -- further info

As I mentioned in my previous e-mail, on October 17 Dynegy filed a complaint against ComEd.  This proceeding may be of particular interest to Enron given EES's plans to offer physical delivery in Illinois in early 2002.  I've outlined Dynegy's principal arguments below.  Dynegy requested fast-track processing, so any intervention and comments we file are due Friday, Oct. 26.  In order to file a timely intervention (and meaningful comments, if we decide to comment), I need to know your thoughts on this as soon as possible.  Elizabeth and Harlan, I'm copying you because I would especially like to know what you think of Dynegy's characterization of the Firm LD product.

Main argument:
Dynegy challenges ComEd's published Business Practice that allows "marketer firm" (Firm LD) contracts to be designated as Network Resources.  Dynegy argues that this practice conflicts with the OATT provisions that 1) Network Resources are generation "owned, purchased or leased by the Network Customer designated to serve Network Load," and 2) a Network Customer "must demonstrate that it owns or has committed to purchase generation pursuant to an executed contract" in order to designate a Network Resource.

Dynegy's theory on why Firm LD should not be a Network Resource:

	- permits designation of network resources that are committed for sale to others, creating reliability problems
	- Firm LD under the EEI contract is not capacity-backed, nor is it a commitment to purchase generation
	- allows transmission customers to get the advantage of generation capacity without actually paying the cost of that capacity
	- since retail providers are allowed to rely on "over-the-counter" firm instead of securing long-term contracts, adequate reserves are not being carried to serve retail load

Dynegy claims that ComEd's practice has deprived DMG of payments for capacity and the ability to earn revenues for capacity properly designated as network resources.  It cites specific instances in which ComEd has accepted transmission reservation requests from New Energy and Cilco in which these parties designated Illinois Power as a network resource, when only a Firm LD contracts were in place with IP.

Susan Lindberg
713.853.0596


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IssueAlert for  March 23, 2001

Enron Stock Drops Amid Concerns About Broadband Business,
General Market Trends

by Will McNamara
Director, Electric Industry Analysis

[News item from Reuters] Shares of electricity and natural-gas marketing
giant Enron Corp. (NYSE: ENE) slid further on Thursday (March 22) amid
broader weakness in energy stocks, despite a reassurance from the company
that it would hit its previously stated target earnings for this year. Enron
was off $3.34, or 6 percent, at $52.55 on March 22, after falling 8 percent
on March 21. So far this year, Enron's stock is down about 37 percent, versus
a 16-percent decline for Standard & Poor's utilities index and a 20-percent
drop for the Dow Jones industrial average.

Analysis: Over the last several weeks, a growing number of smaller, emerging
energy companies have felt the impact from the nation's struggling economy
and the likelihood of an impending recession. Just recently, start-up
companies such as Silicon Energy and Hydrogen Burner Technology have
withdrawn their IPO plans, citing an anemic stock market and the lack of
positive cash flow. A look across the stock market can send shivers down the
spines of most energy company CEOs, as the Dow Jones industrial average
tumbled below the 9,200 point for the first time in two years, and the Nasdaq
composite remains 64 percent off of its March 10, 2000, high of 5,048,
putting the economy in bear market territory.

However, while the stocks and public offerings of smaller energy companies
may crash and burn, the giant energy company that is Enron Corp. typically
has seemed immune from the high and low tides of the U.S. economy. Over the
course of 2000, Enron shares returned 89 percent and traded at roughly 55
times trailing earnings, reportedly more than 2.5 times the multiple of its
some of its main competitors or the S?500. Nevertheless, Enron's winning
streak in the stock market may be eroding, as the waves that are crashing
around many other energy companies may also be dragging Enron into the same
whirlpool.

For perspective, Enron's closest competitors across its various business
lines, Williams and Dynegy, also appear to be taking the hit from the bear
market. Williams (NYSE: WMB) saw its stock decline $3.34, or 8 percent, to
$38.10 on March 22. Dynegy (NYSE: DYN) saw its stock drop $2.26, or 5
percent, to $44.50. Of course, of the three companies, Enron wields the
highest P/E ratio at 49.99 and largest market capitalization at $41.7
billion. By comparison, Williams has a P/E ratio of 21.53 and market
capitalization of $20 billion, while Dynegy has a P/E ratio of 31.98 and
market capitalization of $15.2 billion.

Analysts that keep a close eye on Enron's stock say the sudden decline is not
a reflection of any new business developments at the company, but rather a
market that is struggling in general, and a growing disenchantment among
investors in technology and telecommunications in particular. This may be
having a unique impact on Enron as the company attributed much of its strong
stock performance over the last year to its growing expansion into the
telecommunications / broadband market. Just as the company has achieved
unparalleled success in electricity and natural-gas trading, for the last
year Enron has been developing a high-speed broadband communications network
to support its planned move into bandwidth trading and marketing. Enron
projects a $450 billion worldwide market for communications bandwidth trading
and services by 2005, and the valuation of its own broadband business at $40
a share, or $35 billion. The company plans to trade excess bandwidth
capacity, and in order to do so is constructing its own network, which costs
a lot of money. Enron has acknowledged that it intends to sell between $2
billion and $4 billion in assets over the next 12 months in order to reduce
debt and support the new business in broadband (among other businesses in
pulp and paper, data storage and advertising).

Thus, much is riding on the anticipated success of the broadband business,
and Enron's role in it. Up to this point, confidence in both the industry and
the company have run high. Some analysts have reported that interest in
Enron's expansion into this area, validated by investor interest in new
technologies in general, drove an 87-percent rise in the company's share
price last year. Yet, once again, the tide may be turning. Investors no
longer seem to be as enthralled by emerging technologies that have not
resulted in bottom-line profits, much as the year before e-commerce stocks
also found that their "day in the sun" ended rather abruptly.

And, although nearly every other Enron line of business has turned to gold,
its broadband business has remained immature. In fact, for year-end 2000,
Enron Broadband Services reported a $60 million IBIT loss, reflecting startup
costs to build the new business. The company seems to have anticipated the
slow growth of its broadband business. In fact, Enron CEO Jeffrey Skilling
did not appear concerned over the loss and said that it took between five and
six years for the company's natural-gas business to develop standardized
contracts and increase liquidity. Skilling has said that these numbers do not
dilute his belief that bandwidth trading will soon become a strong performer
for the company. While Skilling remains optimistic about the potential of the
broadband business, investors may not be as patient. (Note that while Enron's
broadband business took a loss for 2000, the company as a whole reported a
25-percent increase in earnings per diluted share to $1.47 and a 32-percent
increase in net income to $1.3 billion).

In late January Enron had increased its earnings target for 2001 to between
$1.70 and $1.75 per share. In response to the sudden drop in stock price and
speculation that its broadband business would receive new pressure to become
profitable, Enron issued a brief statement reiterating that it "remains very
comfortable" with the 2001 earnings estimate. An Enron spokesperson also made
references to "information in the market that is inaccurate," suggesting that
any speculation about problems in its broadband business were unfounded,
including potential layoffs at the broadband unit. According to a report on
CBS.MarketWatch.com, investors polled by First Call / Thompson Financial are
still expecting Enron to turn in earnings in a range of $1.67 to $1.80 for
2001.

Nevertheless, despite Enron's reassurances that it remains on track to meet
its earnings estimate, the company's stock continued to drop. As noted,
investors began to put downward pressure on the stock, pushing it to $52.50
(as of March 22), below its 52-week low of $55 and far below its 52-week high
of $90.56.

Some of the decline may be attributed to the fact that many investors remain
unclear about what it is that Enron does, exactly. According to a March 5
article in Fortune magazine entitled "Is Enron Overpriced?", some Wall
Streeters are skeptical about how the company makes its money, and the lack
of clarity has often raised a red flag about Enron's pricey stock. The
skepticism did not seem to steal any of Enron's thunder in a bull market, but
that could all change quickly in a bear market. Enron may in fact exacerbate
Wall Street's distrust in its business model by not fully disclosing its
financial records for what it deems "competitive reasons." The Fortune
report, which was published before Enron's stock began to decline, also
indicated that investors are concerned about Enron's debt. Although the
company continues to promise a reduction in its debt load, Enron carried a
net $13 billion debt at the end of September 2000. Again, although investors
may have been able to look the other way from Enron's debt during a strong
economy, it appears that investors will use a fine-tooth comb to examine the
company's financial records during the increasingly unstable economy.

Moreover, in addition to a possible impatience with the growth of technology
and telecommunications stocks, investors may also be concerned that a global
economic slowdown could reduce demand for energy as a whole, resulting in
lower commodity prices. Drops in the stocks of Dynegy and Williams possibly
validate this theory.

Enron was quick to quell rumors that its stock began to fall as a result of
problems with its broadband unit. Looking at the big picture, it appears
reasonable that the broadband business on its own has not caused the drop in
Enron's stock. Rather, Enron shares have mostly likely fallen as a result of
several factors. Yes, investors appear to now be less likely to support new
technologies and telecommunications businesses that have not proven to be
presently profitable. In addition, Enron is in many ways an enigma. In an
unstable economy, the uncertainty surrounding Enron's business could prompt
an unprecedented hesitation about the company's business model. And, lastly,
Enron is not alone among energy stocks (and stocks in general) that are
weathering the fallout of the stock market. On the bright side, Enron still
remains a very puissant company, despite the sudden drop in its stock price.
Enron's P/E ratio of 49.99 is still quite strong when compared against other
energy companies. In addition, Enron is a company full of surprises, and it
is doubtful that any temporary drop in its stock price will keep the company
down for long.

An archive list of previous IssueAlerts is available at
www.ConsultRCI.com

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Copyright 2001. SCIENTECH, Inc. All rights  reserved.


From all of us at Kidventure Camp, we want to wish you and your family a Happy Thanksgiving!  May your turkey be cooked to perfection and the last piece of pie left for you.  Enjoy your time with your family.  Here at Kidventure, we want you to know we are thankful for you.  Take care.

In the spirit of America,
The Kidventure Team

*** This email provided by CampRegister.com ***
 - Mountain Bike Ramble.doc


Hey, what's going on?  I'm reading terrible things about Enron - is it affecting you?  Let me know how you are and if you can meet for tea.

G.


Dear Mr. Stuart,

Pursuant to your e-mail to Jeff Skilling dated February 20, 2001, Mr.
Skilling suggests that you contact Mr. Jim Fallon regarding CAIS Internet
Inc.  Mr. Fallon is managing director of trading at Enron Broadband
Services.  He can be reached at 713.853.3354.

Please do not hesitate to call should you  need additional information.

Regards,
Sherri Sera
Assistant to Jeff Skilling
713.853.5984
713.646.8381 (fax)
sherri.sera@enron.com


hey- good morning
hope you are feeling okay
ily
kq


Investigation
FERC poised to launch proposal
Meeting in LA w/Karen Denne
EBS Updates
PG&E Gas Accord II
Holiday party update

	Joseph Alamo
	10/24/2000 08:05 PM

		 To: Susan J Mara/NA/Enron@Enron, Sandra McCubbin/NA/Enron@Enron, Mona L
Petrochko/NA/Enron@Enron, Jeff Dasovich/NA/Enron@Enron, Paul
Kaufman/PDX/ECT@ECT, Marcie Milner/Corp/Enron@ENRON, Mary Hain/HOU/ECT@ECT
		 cc: Lysa Akin/PDX/ECT@ECT
		 Subject: Staff Meeting Reminder & Agenda Items Request

Please consider this a request for your agenda items, if any, for the next
Staff Meeting, currently scheduled for this Thursday, October 26th at 8:30
a.m. PDT.

Please forward to me by 5:00 p.m. PDT, Wednesday, October 25th.

Thanks in advance for your assistance.

Joseph Alamo
Sr. Administrative Assistant
Government Affairs - The Americas
San Francisco CA


Let's plan on mailing this out to the US customers only.    Call me today to
discuss the eol new version.

Thanks,
Mike


Start Date: 1/6/02; HourAhead hour: 23;  No ancillary schedules awarded.  Variances detected.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002010623.txt

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 23 / Preferred: 443.74 / Final: 443.71)
  TRANS_TYPE: FINAL
  LOAD_ID: SCE1
  MKT_TYPE: 2
  TRANS_DATE: 1/6/02
  SC_ID: ENRJ


John,

I am planning to come to Houston Wednesday and Thursday to sit with the East
desk. Unless that is going to create problems, would you mind letting them
know that I'm coming.

Chris


Just replace me with you

 -----Original Message-----
From: 	Hemstock, Robert
Sent:	Thursday, September 06, 2001 4:18 PM
To:	Zufferli, John
Subject:	FW: Golf Tee Times for Sept 7, Banff

They have you listed as golfing tomorrow

 -----Original Message-----
From: 	Ken_Yewell@transalta.com@ENRON [mailto:IMCEANOTES-Ken+5FYewell+40transalta+2Ecom+40ENRON@ENRON.com]
Sent:	Thursday, September 06, 2001 4:13 PM
To:	paul.blaha@atcopower.com; Millsnw@bp.com; akiss@powersrc.com; gtooth@coral-energy.com; Gkmacintyre@duke-energy.com; ddma@dynegy.com; Derekl@encoreenergy.com; Wes.green@engageenergy.com; mmah@enmax.com; Zufferli, John; dave_axford@nexeninc.com; kris_yadav@pcp.ca; dallan@petro-canada.ca; kate.graeme@powerex.com; christopher_mcdowall@transalta.com; ken_yewell@transalta.com; GWEN_wenstron@transcanada.com; kwillis@enmax.com; dstuart@utilicorp.com; dtro@dynegy.com; imbeaur@encorenergy.com; Hemstock, Robert; cofferei@agroum.com; Doucri@city.medicine-hat.ab.ca; David_thorn@pcp.ca
Subject:	Golf Tee Times for Sept 7, Banff

Open the attachment if you are golfing in Banff.

(See attached file: APMA meeting sept 7 golf.xls)
 - APMA meeting sept 7 golf.xls << File: APMA meeting sept 7 golf.xls >>


cris carter and r smith for ricky and warrick

Peter F Keavey
09/01/2000 11:24 AM
To: Eric Bass/HOU/ECT@ECT
cc:
Subject: Re: Ricky

Rickey is always available for the right price

i would need a starting WR for him though as part of the package


Andrea,

I'm rotating as part of the trading track sometime before March 1st to the
Gas Fundamentals Group.  I'll get you the required information next week.
Thanks.

Mat


Start Date: 10/6/01; HourAhead hour: 4;  HourAhead schedule download failed. Manual intervention required.


I will look at this in the morning in connection with Gordon's comments,
which I am told he has left for me.

Regards

Mark Taylor wrote:
>
> Steve:
>
> Here is the most recent draft of the swap agreement.  The marked copy (the
> second attachment) shows the changes with the exception of the payee tax rep
> which has been deleted in the clean version.
>
> Mark
>
> (See attached file: 108ectr.doc)
> (See attached file: 108DCTR.RED)
>
>     ---------------------------------------------------------------
>
>                                  Name: 108ectr.doc
>                Part 1.2          Type: application/msword
>                              Encoding: base64
>                           Description: Mac Word 3.0
>
>                          Name: 108DCTR.RED
>        Part 1.3          Type: Rich Text Format (application/rtf)
>                      Encoding: base64
>                   Description: Rich Text Format


This was one of the emails I told you about.

---------------------- Forwarded by Susan M Scott/HOU/ECT on 04/14/2000 03:04
PM ---------------------------

Susan M Scott
04/13/2000 10:49 AM
To: Monique Sanchez/HOU/ECT@ECT
cc:
Subject: The Paradox of Our Time

 - The Paradox of Our Time.doc
 - jschoene.vcf


I have been sort of waiting to talk to you about having a small event for my direct reports to thank them for their efforts until things cooled down at the company overall, but -- I don't see that happening any time soon.

We have not really done anything at all this year, and I wanted to do an event similar to the one you had last summer for us.  They have worked so hard and we can't ever all get away from the office at the same time  -- even to have a lunch.

Was thinking about having them over to my house for drinks and then out to eat at a restraunt.  For my direct reports and spouses.  Will include both Global Services and EES.  Was thinking of Friday night after work Dec 7th.  Need to get planning if I get the go ahead.

I have a reasonably priced italian restraunt in mind, and it would be about 20 people.   Are you ok with that? And if so, would you and David want to come too?

Let me know your thoughts

Beth


Right now, we are concentrating on disposing of all Azuriz assets other than
Wessex and Buenos Aires.  John Garrison and Michael Anderson are handling
getting CA's executed and books out to the respective parties.  Just contact
Michael directly about getting this kicked-off.  Thanks.

Riccardo_Bortolotti%ECT%ENRON@eott.com on 04/26/2001 12:49:01 PM
To: Stanley.Horton%enron.com%EOTT%ENRON@EOTT.COM
cc:

Subject: Re: Azurix/Enel

One way to proceed could be  that I try to have an informal chat with Mr.
Barozzi ( Head of Strategic Planning ) to see if they are interested to
talk, if the answer is Yes probably have them sign a confidentiality and
then either meet them with you or your people or send them information,
whatever you think makes more sense to begin with .

open for any suggestion .

regards .

 R

Stanley.Horton@enron.com on 25/04/2001 17:13:52

To:   Riccardo Bortolotti@ECT@ENRON
cc:

Subject:  Re: Azurix/Enel

Yes.  Let me know about follow=up plans.

Riccardo_Bortolotti%ECT%ENRON@eott.com on 04/25/2001 08:34:33 AM

To:   Stanley_Horton%Enron.com%Eott@EOTT.COM,
      Mark_Metts%EnronXGate@EOTT.COM
cc:   Michael_R_Brown%ECT@EOTT.COM, Eric_Shaw%ECT%ENRON@eott.com

Subject:  Azurix/Enel

Stan + Mark,

as you are probably aware Enel is actively looking at acquiring water
businesses, particularly, but not only, in the UK .

They are also generally interested in opportunities in South America .

We are always looking at things that could attract Enel' s interest in
order to help us get our hands on some power and potentially gas positions
in Italy .

Moreover, Enel is cash rich and has proven to be a very generous buyer,
when it comes to acquisitions in areas of business ( gas, water and
telecoms ) that can help them to fulfil their vision to become  a multi
utility .

 I have got some decent contacts at the decision making level . Would you
be interested in discussing a potential approach ?

       R


Any word on her review?  Let me know.  Thanks.

DG


Thanks!

   Kate Symes @ ECT                02/13/2001 02:26 PM

To: Evelyn Metoyer/Corp/Enron@ENRON
cc:

Subject: Re: deal 520275- Matt Motley

Mike Driscoll just checked with the broker - it should be SP-15 - he's having
the back office change it.

Thanks,
Kate

Evelyn Metoyer@ENRON
02/13/2001 11:29 AM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: deal 520275- Matt Motley

Hi Kate,

For deal 520275,  Amerex shows delivery in their checkout as NP-15 and we
show Sp-15.


This deal has an NP15 delivery point with firm energy.

Thanks!


Richard:

I sent this out today.

C
 -----Original Message-----
From: 	Foster, Chris H.
Sent:	Tuesday, January 22, 2002 12:51 PM
To:	O'Neil, Murray P.
Cc:	Horna, Marion; Pitt, Lisa; Gilbert, Scotty
Subject:	Enron Wind Termination

Murray:

Attached is a copy of the letter I sent to the CA ISO terminating our SC arrangement with Enron Wind.  I am faxing and mailing the original.  Call me if you have any questions @503/464-3822.

C


Steve: I want you to know that I received calls from two people in this
office this morning who advised that my successor (Linda) was to be announced
today. I thought I had a committment from you and Rick that the people in
this office would meet the final candidates and make input before a final
decision was made.

The rumors have been very active throughout this process and people in this
office have been aware of the various candidates. I have gained 98 percent of
my information from my office collegues. I have not been discussing any of
these matters with outsiders suggesting that they contact Nils for any
information.

Naturally, I am concerned how this announcement is to be made because I am
hoping to have a life after Enron possibly a position in a future
administration. I have had a very successful tenure from the standpoint of
accomplishments and establishing the groundwork for additional success which
my successor will have the benefit. Therefore, I want a very positive
statement made about my service with a Ken Lay quote.

Joe


And who told you what I do when I am in Scottsdale??  Palo Alto is in Cali - Have you ever heard of Stanford University?  What do you do in Moab?  My friend Harriet was in Vail this past weekend and said it was snowing like crazy.  I don't know - maybe a second date is in order - just for kicks.  when are you coming back to houston?

Paul T Lucci@ENRON
04/24/2001 09:36 AM
Sent by:	Paul T Lucci@ENRON
To:	Kim Ward/HOU/ECT@ECT
cc:
Subject:	Re: Fwd: Fw: Kids: Gotta love them!!

Moab is in the southeastern part of Utah.  I burned my feet at lake Powell which is also in Utah.  So no second date with your new boyfriend?
By the way I heard that the spa isn't only what, or should I say who, you visit when you go to Phoenix.  Where is Palo Alto, AZ?

<Embedded StdOleLink>


Randy, based upon the records review, this is the only issue that may be a
problem.  If a tank has been moved to another location, it would trigger
requirements which were enacted on the date of the relocation.  For instance,
if a tank constructed prior to 1973 was moved in 1978, there would be
emissions control requirements placed on the tank as required by the 1978
tank regulations.  If the tank had remained at its original location, it
would be grandfathered with respect to emissions.  However, because the tank
was relocated, it is looked upon as being a tank constructed in 1978 and
subject to the 1978 regulations and is no longer grandfathered.

I was not given this information during the records review, so I dont know if
any of the tanks apply.  If any of the tanks fit into the above scenerio,
EOTT or Koch will be  looking at some major $$$$$ to bring any subject tank
into compliance.  Generally speaking, the regualtions and costs to comply
increase as a function of date.

1. Q. Of the tanks listed on the spreadsheet, have any of the tanks been
relocated from its original construction locations?  List the tank, date
moved and   location moved to.
A.  Benevides Station Tank 6125 and Mirando Station Tank 28591 were relocated
to those stations.  Three Rivers Tanks 28508 and 28100 were   relocated and
re-erected at that station.  Duval Station Tank 28052 and Mirando Station
28045 were relocated and re-erected at those stations prior  to Koch,s
acquisition of those assets.

---------------------- Forwarded by Larry Campbell/ET&S/Enron on 05/09/2001
10:03 AM ---------------------------
Jim Coen @ EOTT   05/08/2001 10:27 AM

To: Joe Richards/Houston/Eott@Eott, Randy Belyeu/OTS/Enron@ENRON, Larry
Campbell/ET&S/Enron@Enron, Warren Fusilier/Remote/Eott@Eott, Jeremy
Dawson/Houston/Eott@Eott
cc:

Subject: Koch South Texas pipeline data room questions and answers

----- Forwarded by Jim Coen/Houston/Eott on 05/08/2001 10:51 AM -----

	"Lofing, Michael" <LofingM@kochind.com>
	05/08/2001 09:48 AM

		 To: Jim Coen/Houston/Eott@Eott
		 cc:
		 Subject: Koch South Texas pipeline data room questions and answers

Jim
Attached are the Koch South Texas Pipeline data room questions with answers
attached.  I have also attached data provided to other bidders.  If you have
any additional questions, please contact me, 828-4027.
Regards,
Mike

 <<EOTT Questions and Answers_.doc>>  <<over-short labor utilities.xls>>
<<CrudeVehicles.xls>>

 - EOTT Questions and Answers_.doc
 - over-short labor utilities.xls
 - CrudeVehicles.xls


-----Original Message-----
From: 	Polsky, Phil
Sent:	Wednesday, October 24, 2001 7:57 AM
To:	Grigsby, Mike
Subject:	Summary for Grigsby.xls

MIke,

Attached is the updated summary regarding expansions in the west.  There is only one change - PGT 2003 expansion.  The expansion has now dropped from 230,000 MM/d to 160,000 MM/d due to PPL dropping out.

Let me know if you need anything else.

Phil


FYI - Here is the list of the transaction types we will be using in SAP with
the numbers assigned to them in production.  A transaction type will be
required anytime we book to the Merchant Investment general ledger account
24091000.

E09 Contribution
E10 Distribution
E11 Capitalized Interest
E12 PIK Dividends
E13 Fair Value Adjustment
E14 Fair Value Adjustment - Permanent Write Down
E15 Fair Value Adjustment - Sale of Asset
E16 Fair Value Adjustment - Write off Loan

Please let me know if you have any questions.

Thanks,
Pam


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Subject: Fwd: Life
To: betsy14@pacifier.com, "Sheila Butcher"
<sbutcher@north-pacific.com>,        wcox@mail.ccsd.k12.co.us,
LillahMay@aol.com,        katherine.starkovich@usbank.com,
kwoodall@standard.com
X-Mailer: Lotus Notes Release 5.0.3  March 21, 2000
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From: karen.mcnulty@usbank.com
Date: Mon, 8 Jan 2001 07:47:01 -0800
X-MIMETrack: Serialize by Router on NTZTWREM04/OR/Servers/USB(Release 5.0.5
|September 22, 2000) at 01/08/2001 07:47:02 AM
MIME-Version: 1.0
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Content-Type: text/plain;  charset=us-ascii

 MANTRA FOR LIVING

   This is what The Dalai Lama has to say on the
   millennium, which begins 01/01/2001.
   All it takes is a few seconds to read and think about.

   Do not keep this message. The mantra must leave
   your hands within 96 hours.

   You will get a very pleasant surprise. This is
   true even if you are not superstitious.

   Instructions for life in the new millennium from
   the Dalai Lama:

   1. Take into account that great love and great
   achievements involve great risk.

   2. When you lose, don't lose the lesson.

   3. Follow the three Rs: Respect for self, respect
   for others, responsibility for all your actions.

   4. Remember that not getting what you want is
   sometimes a wonderful stroke of luck.

   5. Learn the rules so you know how to break them
   properly.

   6. Don't let a little dispute injure a great
   friendship.

   7. When you realize you've made a mistake, take
   immediate steps to correct it.

   8. Spend some time alone every day.

   9. Open your arms to change, but don't let go of
   your values.

   10. Remember that silence is sometimes the best
   answer.

   11. Live a good, honorable life. Then when you get
   older and think back, you'll be able to enjoy it a second time.

   12. A loving atmosphere in your home is the
   foundation for your life.

   13. In disagreements with loved ones, deal only
   with the current situation. Don't bring up the past.

   14. Share your knowledge. It's a way to achieve
  immortality.

   15. Be gentle with the earth.

   16. Once a year, go someplace you've never been
   before.

   17. Remember that the best relationship is one in
   which your love for each
   other exceeds your need for each other.

   18. Judge your success by what you had to give up
   in order to get it.

   19. Approach love and cooking with reckless
   abandon.

   Do not keep this message. The mantra must leave
   your hands within 96 hours.

   You will get a very pleasant surprise (this is
   true even if you are not superstitious)
   if you send it to:

  0-4 people: Your life will improve slightly.

   5-9 people: Your life will improve to your liking.

   9-14 people: You will have at least 5 surprises in
   the next 3 weeks.

   15 people and above: Your life will improve
   drastically and everything you
   ever dreamed of will begin to take shape


Hi Robert

Enron North America is interested in  purchasing 1200 mmbtu/day  El Paso
Poker Lake-Waha  pool gas for April-October 2001 on a firm basis at Inside
FERC El Paso Keystone  Index +.0025.  Please call me if you have any
questions.


Vince,

Just in case, here is a draft copy of the event for you to refer to.

Paul

 - finmathmail.doc


Start Date: 4/8/01; HourAhead hour: 15;  No ancillary schedules awarded.
Variances detected.
Variances detected in Energy Import/Export schedule.
Variances detected in SC Trades schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001040815.txt

---- Energy Import/Export Schedule ----
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 15 / Preferred:  12.00 / Final:  11.98)
  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/8/01
  TIE_POINT: PVERDE_5_DEVERS
  INTERCHG_ID: EPMI_CISO_BEAR
  ENGY_TYPE: WHEEL

---- SC Trades Schedule ----
$$$ Variance found in table tblInt_Interchange.
     Details: (Hour: 15 / Preferred: -495.00 / Final: -487.00)
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/8/01
  TRADING_SC: NES1
  PNT_OF_INTRC: SP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 1
  DEAL_NO: 1
$$$ Variance found in table tblInt_Interchange.
     Details: (Hour: 15 / Preferred: 100.00 / Final:  92.03)
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/8/01
  TRADING_SC: ECH1
  PNT_OF_INTRC: NP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 2
  DEAL_NO: 1


Happy New Year, and, did we ever do a back-to-back (RMT/Enron
Comercializadora Argentina) deal for this transaction?


Please find attached, the detail on the name change from ECR Energy, LLC to
Northland Energy Trading, LLC

Short name changes on affected records will be coordinated with ERMS IT,
tomorrow, Fri, 02/23.

Records on the Feb 2001 report will be inactivated next Thu, 03/01.


Thanks..... what's a BEEP?

	Jeff Dasovich
	Sent by: Jeff Dasovich
	10/02/2000 05:53 PM

		 To: skean@enron.com, Tim Belden/HOU/ECT@ECT
		 cc:
		 Subject: Letter to Lynch from Us Describing Info ISO should release sooner


> >Heart Doctor & Mechanic
> >
> >A mechanic was removing a cylinder head from the motor of a
> >Harley, when he spotted a world-famous heart surgeon in his
> >shop. The heart surgeon was waiting for the service manager
> >to come take a look at his bike. The mechanic shouted across
> >the garage, "Hey Doc can I ask you a question?"
> >
> >The famous surgeon, a bit surprised, walked over to the
> >mechanic working on the motorcycle.
> >
> >The mechanic straightened up, wiped his hands on a rag and
> >asked, "So Doc, look at this engine. I also can open hearts,
> >take valves out, fix 'em, put in new parts and when I finish
> >this will work just like a new one. So how come I get a
> >pittance and you get the really big money, when you and I
> >are doing basically the same work?"
> >
> >The surgeon paused, smiled and leaned over, and whispered
> >to the mechanic...
> >..."Try doing it with the engine running!"
>
>
> _________________________________________________________________
>
>


Thanks Bruce, I appreciate it.

 -----Original Message-----
From: 	"Sukaly, Bruce" <bruce.sukaly@cinergy.com>@ENRON [mailto:IMCEANOTES-+22Sukaly+2C+20Bruce+22+20+3Cbruce+2Esukaly+40cinergy+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Tuesday, May 29, 2001 8:47 AM
To:	Crandall, Sean
Subject:	RE: Follow Up

I forward this on to McCabe.  Joe Toussaint will be talking to him.  I will
get you an answer this week.

-----Original Message-----
From: Sean.Crandall@enron.com [mailto:Sean.Crandall@enron.com]
Sent: Tuesday, May 29, 2001 10:17 AM
To: bruce.sukaly@cinergy.com
Subject: RE: Follow Up

Hey Bruce,

Thanks for the response.  I think I would like to see Cinergy's bid.  I
sort of have to weigh many nonfinancial issues as well.  It would be nice
to know where we are at.  If you could provide me a rough number, that
would be helpful.

Thanks,

Sean

    -----Original Message-----
   From:   "Sukaly, Bruce" <bruce.sukaly@cinergy.com>@ENRON

[mailto:IMCEANOTES-+22Sukaly+2C+20Bruce+22+20+3Cbruce+2Esukaly+40cinergy+2Ec
om+3E+40ENRON@ENRON.com]

   Sent:   Tuesday, May 29, 2001 6:36 AM
   To:     Crandall, Sean
   Subject:  RE: Follow Up

   We have not reached an answer on the head trader.  McCabe is on vacation
   this week.  I would say we are not prepared to match any of your offers.
   I'm not sure it makes sense to show you an offer that is lower than your
   other deal.  If you still interested let me know.  Thanks for coming to
   see
   us.  We sure would love to have you on the team.

   -----Original Message-----
   From: Sean.Crandall@enron.com [mailto:Sean.Crandall@enron.com]
   Sent: Tuesday, May 29, 2001 7:18 AM
   To: bruce.sukaly@cinergy.com
   Subject: Follow Up

   Hey Bruce,

      Hope you had a good vacation.  I was just touching base to see where
      we're at.  I leave for Europe on June 5 and I'll be gone until July
   2.
      My last day in the office here will be either Thursday or Friday of
   this
      week.  Some other places you can contact me are:

      cell:  503-805-2557
      home:  503-656-5253
      private e-mail:  kwampa01@yahoo.com

      Thanks,

      Sean


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I JUST GOT AN E-MAIL THAT WAS FROM LAST NIGHT AT 4:01PM. IT'S SAY'S WE HAVE A MANDATORY MEETING TONITE FROM 4-5 PM. MABEY YOU CAN LEAVE ALEX THERE UNTILL 4.30 ISH . THIS THING COULD TAKE 30 MINUTES OR 90 MINUTES. SORRY, BUT I JUST FOUND OUT.


Mr. Skilling and Mr. Rice,
?
It was my most pleasure to have a chance to see you
at our recent visit? to Houston.
?
I would appreciate your generosity?in spite of  short
notice. Eric and I enjoyed the meeting very much.
The discussion was fruitful as well as  informative.
?
We spent considerable amount of time to discuss
your investment opportunity with Mr. Patrick  Hickery,
VP of EBS after our meeting and it went very  well.
We will have a follow-up meeting on this coming  Monday
via teleconference.
?
I look forward to establishing a most successful
strategic alliance and equity relationship with  Enron
in your Japanese business.
?
Without the introduction of my friend, Ronnie  Chan
this could not happen.? If you have a chance to talk  to
him, please send my heartiest regards to him.
?
I very much look forward to seeing you and Dr. Lay at
the end of this month in Tokyo.
?
Best regards,
?
Sachio Semmoto
?
Chairman & CEO
eAccess


Steve--I am at 925-600-2085, and Jim Macias is at 925-600-2306. Thanks.


Mark:

I just received the ISN contract for the Olympics game.  Should I send a copy
to Ed at Milbank as well?  Any reason Mark Holsworth needs to be involved?
I have reviewed numerous license agreements and feel comfortable with many of
the issues, but I do not hold myself out as an IP expert.  Have we entered
into similar agreements with other content providers that would be good
precedent for my review.

Leslie
----- Forwarded by Leslie Hansen/HOU/ECT on 08/08/2000 02:17 PM -----

	Dave Samuels
	08/08/2000 02:15 PM

		 To: Leslie Hansen/HOU/ECT@ECT
		 cc:
		 Subject: enron/isn contract

here is the first draft of a contract with ISN for the Olympics.

thanks
Dave

---------------------- Forwarded by Dave Samuels/HOU/ECT on 08/08/2000 02:13
PM ---------------------------

Craig Johnson <craig@sportsrocket.com> on 08/08/2000 01:58:58 PM
To: dave.samuels@enron.com
cc:
Subject: enron/isn contract

Dave,

Attached is a contract for the "Enron High 5 Flags" game.  I will touch base
with you this afternoon with some questions and changes to areas such as
with prizing and rules for the game.

I am just stepping into a meeting and will try tracking you down once it's
over.

Thanks,
Craig

 <<5 flags game contract.vr2.DOC>>

www.SportsRocket.com
powered online by Internet Sports Network

www.InternetSportsNetwork.com
T: (416) 599-8800 ext. 229
F: (416) 599-8228
E: craig@sportsrocket.com

 <<5 flags game contract.vr2.DOC>>

 - 5 flags game contract.vr2.DOC
 - 5 flags game contract.vr2.DOC


schedule some time.  Jeff
---------------------- Forwarded by Jeffrey A Shankman/HOU/ECT on 11/13/2000
10:05 AM ---------------------------

Jeff Kabel@ENRON
11/12/2000 01:19 PM
Sent by: Jeff Kabel@ENRON
To: Jeffrey A Shankman/HOU/ECT@ECT
cc:
Subject: In this week

Will you be around this week?  I need to start thinking seriously about what
to do next...though I still have to take that vacation you suggested.

Some parts of this reorg baffle me...

Hope all is going well.

jf

541.14.891.3600 in Buenos Aires


Attached is Jeff's backgrounder in the event you call Hertzberg.
---------------------- Forwarded by Steven J Kean/NA/Enron on 06/15/2001
01:56 PM ---------------------------
From: Jeff Dasovich on 06/15/2001 01:05 PM
Sent by: Jeff Dasovich
To: skean@enron.com
cc:

Subject: Background and Message Points

Steve:
Please review and edit as needed.  I'm on my way to airport to return to SF.
If you need me, please page.

Best,
Jeff


I'm no oracle, but there would be no current balance sheet impact.

From: Greg Krause/ENRON@enronXgate on 06/06/2001 04:44 PM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: RE: Midway Interconnect Agreement

So, based on the forgoing, assuming we can not and do not buy the property
until the LLC is owned by ENext then the terms of the POA docs should have no
balance sheet impact.  Do you agree?

 -----Original Message-----
From:  Mann, Kay
Sent: Wednesday, June 06, 2001 4:28 PM
To: Krause, Greg
Subject: RE: Midway Interconnect Agreement

Correct.  If all we were doing was buying the property, you wouldn't have the
timing restriction.  You lose one layer of optionality.

From: Greg Krause/ENRON@enronXgate on 06/06/2001 04:06 PM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: RE: Midway Interconnect Agreement

So if we buy the property before the LLC is owned by ENext the entire project
goes on the balance sheet since we will be committed to building a road and
stormwater system.  There we all must be aware that we can not close on the
property until the LLC is owned by ENext.  Do you agree?

 -----Original Message-----
From:  Mann, Kay
Sent: Wednesday, June 06, 2001 3:58 PM
To: Krause, Greg
Subject: RE: Midway Interconnect Agreement

Put the land on the balance sheet is a forgiveable sin.  Incurring any other
type of  hard costs puts the entire project (whatever that may be) on the
balance sheet.

Kay

From: Greg Krause/ENRON@enronXgate on 06/06/2001 03:53 PM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: RE: Midway Interconnect Agreement

If we buy the property before the LLC is owned by ENext, wouldn't the big
concern be that we've put $1.8 million of land plus an additional $900,000 or
so of obligations to build road and stormwater system on the balance rather
than the rather small ongoing costs related to maintainance of the road and
system?

 -----Original Message-----
From:  Mann, Kay
Sent: Wednesday, June 06, 2001 3:46 PM
To: Krause, Greg
Subject: RE: Midway Interconnect Agreement

As I understand it, if the option is exercised (and the property bought)
prior to the time the LLC is owned by ENext, there is a balance sheet
impact.

From: Greg Krause/ENRON@enronXgate on 06/06/2001 03:01 PM
To: Kay Mann/Corp/Enron@Enron, Ben Jacoby/ENRON@enronXgate
cc:

Subject: RE: Midway Interconnect Agreement

Probable time for them to bless the agreements; however, since these
documents will not be executed until after closing, the obligations created
under the Property Owners Association should not have a balance sheet impact.

 -----Original Message-----
From:  Mann, Kay
Sent: Wednesday, June 06, 2001 12:29 PM
To: Krause, Greg; Jacoby, Ben
Subject: RE: Midway Interconnect Agreement

Greg and Ben,

So is it about time to get Lisa, Herman and Rose involved in the PAD stuff?

Kay

From: Greg Krause/ENRON@enronXgate on 06/06/2001 12:07 PM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: RE: Midway Interconnect Agreement

Kay,

A&K did the title committment work and is now working on the Property
Association Documents (as is Greenberg Traurig in West Palm Beach).  Ann
Elizabeth's
last email message to me before she went on vacation was that A&K was the
designated hitter for the Midway Project.    You have been copied on those
docs which we desparately need to get to Cooney Midway Groves, the property
owner.  As far as I know, they have not been involved in anything else
related to Midway this year.

Christi left me a message saying that Lloyd Will or one of his guys needs to
review the Interconnction Agreement. I do not know Lloyd.

Greg

PS we had a good meeting with DERM on the landfill closure issues in the
Certosa Holdings deal.   I'll try to reach you this afternoon to discuss.

 -----Original Message-----
From:  Mann, Kay
Sent: Wednesday, June 06, 2001 7:45 AM
To: Krause, Greg
Subject: RE: Midway Interconnect Agreement

How much involvement has A & K had on Midway?  I have other counsel engaged
for the sale, but this falls into a different category.

Kay

From: Greg Krause/ENRON@enronXgate on 06/05/2001 11:35 PM
To: Ben Jacoby/ENRON@enronXgate, Kay Mann/Corp/Enron@Enron
cc: Christi L Nicolay/HOU/ECT@ECT

Subject: RE: Midway Interconnect Agreement

Please see attachment below with Christi's comments.

-----Original Message-----
From: Jacoby, Ben
Sent: Tuesday, June 05, 2001 12:22 PM
To: Mann, Kay
Cc: Krause, Greg; Nicolay, Christi
Subject: Midway Interconnect Agreement

Kay:

Greg has Christi's comments on the FPL Construction & Connection Agreement,
and he will be sending us those comments today in a marked document. Have we
engaged outside counsel to review this agreement? I'd like to have a
commercial / legal review fully completed, and then get accounting / finance
to comment. I this something you were planning to have Carlos to work on
given his recent work on ComEd and Ameren?

Please let me know. Thanks.

Attached is the original generic form of FPL Connection and Construction
Agreement for your reference.

Ben

 << File: FPL Construction  Connection Agreement Generic.doc >>


I am in the process of opening a commodities account.
-narsimha


I have reviewed and it looks fine to me.
	mk

 -----Original Message-----
From: 	Nemec, Gerald
Sent:	Monday, July 16, 2001 11:39 AM
To:	'bill@katzlaw.com'; Edison, Andrew; Hilgert, Chris; Knippa, Mark
Subject:	Revised Affidavit Form

Attached is a revised form of affidavit.  Please review and provide any comments asap.

 << File: WFEC Affidavit.doc >>


CLFP proposes the following changes to medium and large commercial
and industrial customer tariffs for electric service provided by Pacific Gas
and Electric Company and Southern California Edison Company.

 CLFP proposes the Commission establish an optional summer on-peak,
peak period consisting of a continuous 3-hour period during the current
summer on-peak period for both utilities.  The 3-hour period would be
selected by the customer.  Specifically:

 Service Eligibility:  Customers served as medium or large
commercial/industrial customers on time-of-use rates and metered
accordingly.  Examples - PG&E's E-19, E-20, etc. and SCE's TOU-8, etc.

 Customer Eligibility:  Electric customers processing, handling,
distributing or processing perishable food and agriculture products.  (As
noted below, since no revenue shift occurs within the class, the Commission
may consider opening the option to others.)

 Customer Charge Surcharge:  A surcharge of $130 per meter per month
for the initial summer period (2001) to offset the utilities cost for
changes to billing procedures.  In the case of optimal billing period
service customers the surcharge shall correspond with such billing period.

 Optional Summer On-Peak Period:  Any continuous 3-hour period during
the summer-on-peak period of time.  Hours may be designated by the customer
consistent with metering capabilities of the customer or changes to metering
capability.

 The reason for designation by the food processor or agriculture
commodity processing customer is in order to take into account the many
factors involved in load shedding.  Labor, harvesting schedules and
coordination with growers, delivery schedules, inspection activity, etc.
All bear upon such an effort.

 Rate for Optional Summer-On-Peak Period Service:  Energy rates for
the 3-hour period would be two times the otherwise applicable charge for
summer-on-peak energy.  The other 3 hours of the 6-hour on-peak period would
be billed at the non-peak rate and equalized for rate/revenue neutrality.
In the event partial peak periods are retained, the rate for the
non-optioned 3-hour period during the on-peak period would be adjusted to
retain revenue neutrality.  These rates would apply, as now, workdays of
Monday - Friday.

 Notice and Service:  An eligible customer must notify the utility in
writing, by fax, email, or hand delivered, to both the appropriate account
representative and the customer billing department of the request for
optional summer-on-peak period service.  The 3-hour period of optional
service and the start date for such service shall be specified.  Start dates
should coincide with billing cycles, with a minimum of seven days notice
prior to such cycle.  Optional optimal billing period customers would be
treated accordingly, except as currently provided, a two-day advance notice.

 Implementation Issues - TOU Meters and Billing.  It appears the
number of customer meters and billing changes potentially required by
optional summer on-peak period service is relatively small compared to the
total number of meters of the utilities.

 In response to CLFP's data request by PG&E and SCE (attached) the
following is observed.

 For SCE, SIC 20 (food and kindred products) customers account for
approximately 163 meters out of about 10,000 meters.  Of the 163, all but 8
can be managed locally by the Customer Data Acquisition System.  The 8 would
appear to require a field visit.

 For PG&E, out of 11,675 TOU meters on E-19 and E-20 service, 354 or
3% of the total are SIC 20.  Of the 354 nearly half, 175, are hourly
interval meters.  The remaining 179 presumably would need a field visit for
reprogramming.

 Conclusion:  Based upon the data supplied, metering and billing
changes required by an optional summer on-peak period program for processors
of perishable commodities, there does not seem, in CLFP's opinion, to be a
significant barrier to establishing the program.


We have an discount on Tenn, for the 25th only.  k#2891, MDQ = 5000, rate = $.30, Receipt point = Z0, delivery point = Tewksbury in Tenn Z6.


Good Morning.  Either you're extremely busy or .......????  Ummmmm.


FYI.
---------------------- Forwarded by Kevin M Presto/HOU/ECT on 04/25/2001 04:17 PM ---------------------------

"Perry J. German" <pgerman@ong.com> on 04/25/2001 02:25:42 PM
To:	kpresto@enron.com
cc:
Subject:	The List

Kevin,

I hope that you find this information timely.  The staff of power traders here
look forward to working with you all soon.

Thanks,

Perry

(See attached file: OPMC_Power_Marketing_Personnel.xls)

 - OPMC_Power_Marketing_Personnel.xls


I have the distinct impression that you're glad this has been finalized....


Start Date: 1/22/02; HourAhead hour: 1;  HourAhead schedule download failed. Manual intervention required.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002012201.txt
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Glendale's City Attorney is Steve Lins.  His phone number is 818-548-2080 and his email is slins@ci.glendale.ca.us.  Please let me know if you need anything else.  I will be in their offices on Wednesday.

Thanks,  Kim

 -----Original Message-----
From: 	Shackleton, Sara
Sent:	Monday, October 08, 2001 8:03 AM
To:	Ward, Kim S (Houston)
Cc:	Heard, Marie
Subject:	RE: City of Glendale

Kim:  Can you obtain the name of Glendale's bond counsel (lawyer's name, phone number, email, etc.)?  Thanks.  SS

 -----Original Message-----
From: 	Ward, Kim S (Houston)
Sent:	Friday, October 05, 2001 1:59 PM
To:	Shackleton, Sara
Subject:	City of Glendale

Sara,

Believe it or not, we are very close getting our signed ISDA from the City of Glendale.  Steve Lins, the City attorney had a couple of questions which I will attempt to relay without having a copy of the documents.

1)  I am assuming that he obtained a for legal opinion letter or document of some sort.  This document references a confirmation and we are not sure what this references.  Typically, it references a transaction, which in this case, there are no transactions yet.  He feels this reference should be deleted.  What is your opinion regarding this? [Shackleton, Sara]    If we have no transaction on the books, then he can delete the reference.  Marie:  Have we received an opinion from Glendale?

2)  We sent him a couple of form documents to facilitate the documents required under the ISDA.  One form ws a form resolution.  They have already received City Council approval to enter into financial tranactions and to enter into an ISDA with us.  Steve is going to get a certified copy of this Resolution.  Will this suffice? [Shackleton, Sara]    I'll review their resolution again.  If it references our ISDA and all transactions, it should be fine.  (This is part of the reason why we need a legal opinion)

When you return, I may try to do one last conference call to alleviate any unanswered questions.  I think we will have an executed ISDA with the City of Glendale by the end of next week.  I am going to be out there meeting with them on Wednesday.

Thanks for your help,

Kim


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Mom - check out these sites too

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>Sender: lclarke@haas.berkeley.edu
>Date: Tue, 24 Oct 2000 13:03:30 -0700
>Subject: NFL will donate $5 to breast cancer foundation for clicking on
>their web site!
>
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>
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>
>http://www.nfl.com/nflforher/
>


Yes - I'm pretty sure.

Jim - please confirm.

 -----Original Message-----
From: 	Zisman, Stuart
Sent:	Tuesday, January 15, 2002 1:32 PM
To:	Redmond, Brian; Nemec, Gerald
Cc:	Parks, Joe
Subject:	Bridgeline

Hugh of Bridgeline gave me a call.  He wanted to confirm that LRCI, Inc. is the owner of the pad gas in caverns #13/#14.  Is this right?


No one has said anything to me about closing next week.  Lee Johnson is on
vacation next week also, so GE won't be around.

Kay

"Thompson, Peter J." <peterthompson@akllp.com> on 12/22/2000 09:44:20 AM
To: <Kay.Mann@enron.com>
cc: "Cobb, Chris" <chriscobb@akllp.com>

Subject: RE: Exhibit B-1 to Electrobolt Exhibits

Do we have the anticipated closing date for the LV Cogen deal?  I wasn't
planning on returning to the office until January 3.

-----Original Message-----
From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com]
Sent: Friday, December 22, 2000 10:19 AM
To: Dale.Rasmussen@enron.com
Cc: Thompson, Peter J.
Subject: RE: Exhibit B-1 to Electrobolt Exhibits

EECC may have this.  Can you check with whoever your team is working
with,
or do you want a copy job of what was in the master agreement?

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 12/22/2000
09:17
AM ---------------------------

"Thompson, Peter J." <peterthompson@akllp.com> on 12/22/2000 08:36:30 AM

To:   <kay.mann@enron.com>
cc:   <Alan.Larsen@enron.com>, <Bill.Williams@enron.com>,
      <Dale.Rasmussen@enron.com>

Subject:  RE: Exhibit B-1 to Electrobolt Exhibits

Exhibit B-1 was not in the electronic version of the West LB Agreement.
Do you have an electronic version of this?  If not, can we get a copy
from Lee?

-----Original Message-----
From: Dale.Rasmussen@enron.com [mailto:Dale.Rasmussen@enron.com]
Sent: Thursday, December 21, 2000 7:52 PM
To: Thompson, Peter J.
Cc: Dale.Rasmussen@enron.com; Alan.Larsen@enron.com; kay.mann@enron.com;
Bill.Williams@enron.com
Subject: Re: Exhibit B-1 to Electrobolt Exhibits

For Las Vegas the West LB exhibit is the appropriate Exhibit.

 (Embedded     Enron Capital & Trade Resources Corp.
 image moved
 to file:      From:  "Thompson, Peter J."
 pic16541.pcx) <peterthompson@akllp.com>
               12/21/2000 09:48 AM

To:   "Dale Rasmussen (E-mail)" <Dale.Rasmussen@enron.com>, "Alan.
Larsen
      (E-mail)" <Alan.Larsen@enron.com>
cc:   "Kay Mann (E-mail)" <kay.mann@enron.com>
Subject:  Exhibit B-1 to Electrobolt Exhibits

For the Enron South America and CA Development deals, we have used the
attached Exhibit B-1 (with all changes accepted).  Should this also be
used for the other deals as well or should we use the B-1 from the West
LB Agreement?

-----Original Message-----
From: lee.johnson@ss.ps.ge.com [mailto:lee.johnson@ss.ps.ge.com]
Sent: Monday, December 11, 2000 6:16 PM
To: Kay.Mann@enron.com; lee.johnson@ss.ps.ge.com
Cc: Thompson, Peter J.; john.r.ayres@enron.com;
kent.shoemaker@ae.ge.com; Cheryl.Lipshutz@enron.com;
roseann.engeldorf@enron.com; Brett.R.Wiggs@enron.com;
Ben.Jacoby@enron.com; Pipitone, Paul; Taylor, Rob; Cobb, Chris;
michael.storm@ss.ps.ge.com
Subject: RE: Exhibits to Enron South America Gas Turbine
PurchaseAgreemen t

Kay,

I had a copy of the last redline for Exhibit B-1.  Don't have execution
copy.

On Exhibit h-2, Training -- I'll look for it, but think Kathy had it
last to
identify it as H-2.

Thanks,

Lee
-----Original Message-----
From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com]
Sent: Monday, December 11, 2000 3:49 PM
To: lee.johnson@ss.ps.ge.com
Cc: peterthompson@akllp.com; kay.mann@enron.com; john.r.ayres@enron.com;
kent.shoemaker@ae.ge.com; Cheryl.Lipshutz@enron.com;
roseann.engeldorf@enron.com; Brett.R.Wiggs@enron.com;
Ben.Jacoby@enron.com; paulpipitone@akllp.com; robtaylor@akllp.com;
chriscobb@akllp.com; michael.storm@ss.ps.ge.com
Subject: RE: Exhibits to Enron South America Gas Turbine Purchase
Agreemen t

Lee (and others),

Exhibit B is the EECC spec, right? I do not know if I have an electronic
version.  If locating it is a problem, we can copy what we have unless
there is some reason to handle it otherwise.

Exhibit H-2 is the S & S training program dated 2/3/00.  Lee/Mike, do
you
have more copies of that document that we can attach?

Kay

lee.johnson@ss.ps.ge.com on 12/11/2000 03:15:31 PM

To:   lee.johnson@ss.ps.ge.com, peterthompson@akllp.com,
      kay.mann@enron.com, john.r.ayres@enron.com
cc:   kent.shoemaker@ae.ge.com, Cheryl.Lipshutz@enron.com,
      roseann.engeldorf@enron.com, Brett.R.Wiggs@enron.com,
      Ben.Jacoby@enron.com, paulpipitone@akllp.com, robtaylor@akllp.com,
      chriscobb@akllp.com, michael.storm@ss.ps.ge.com

Subject:  RE: Exhibits to Enron South America Gas Turbine Purchase
Agreemen
      t

Folks,

John Ayres and I went through the Facility Agreement and Exhibits for
the
ESA Turbine Purchase Agreement.  There were a few edits needed on
Guarantee
Basis (F-1) and Scope of Supply Exhibits (B and N-2).  Also, one change
to
the Emissions Test Exhibit.

John and I believe other than adding in the other Exhibits B-1 and H-2,
this
is ready for execution copy.  Kay, please add these in for the final
circulation.

Also, on the contract, a number of redlines were required to reflect
scope
of supply (addition of interconnect piping to cooling tower, unit
liability
amount, payment schedule adjustment and retention amount, guaranteed
performance levels net of all GE supplied equipment aux. loads,
guaranteed
delivery schedule for purchased options.

This should be ready to go, subject to a final review of the entire
contract
document.

Regards,

Lee

-----Original Message-----
From: Johnson, Lee L (PS, SSEP)
Sent: Saturday, December 09, 2000 11:15 AM
To: 'Thompson, Peter J.'; Kay Mann (E-mail); 'john.r.ayres@enron.com'
Cc: Johnson, Lee L (PS, SSEP); Shoemaker, Kent (GEAE); Cheryl. Lipshutz
(E-mail); Roseann Engeldorf (E-mail); Brett. R. Wiggs (E-mail); Ben.
Jacoby (E-mail); Pipitone, Paul; Taylor, Rob; Cobb, Chris
Subject: RE: Exhibits to Enron South America Gas Turbine Purchase
Agreement

Kay,

I edited the Termination Schedule replacing the term Purchase Amount per
unit to Unit Liability Amount for consistency with the new structure.

Lee

-----Original Message-----
From: Thompson, Peter J. [mailto:peterthompson@akllp.com]
Sent: Friday, December 08, 2000 10:30 AM
To: Kay Mann (E-mail)
Cc: Lee. Johnson (E-mail); Kent. Shoemaker (E-mail); Cheryl. Lipshutz
(E-mail); Roseann Engeldorf (E-mail); Brett. R. Wiggs (E-mail); Ben.
Jacoby (E-mail); Pipitone, Paul; Taylor, Rob; Cobb, Chris
Subject: Exhibits to Enron South America Gas Turbine Purchase Agreement

 <<Exhibits to Gas Turbine Purchase Agreement - without notations.DOC>>

This is the most recent draft of the exhibits.

The following items need to be added to complete the exhibits:

1.   Exhibits B-1 and H-2 need to be added.

2.   If one is warranted, a Seller Parent Guarantee should be
included as Exhibit C-1.

3.   Does Exhibit F need to be updated and revised before signing?

4.   In Section 3.1 of Exhibit K, the terms "Specific Date" and
"Recovery Schedule" are not defined.

5.   For Exhibit T, please confirm that Enron has received all
documents that it should have received by now.

(See attached file: Enron South America Turbine Agreement (version 4 to
5)
_GEredline121100.DOC)
(See attached file: Exhibits to Gas Turbine Purchase Agreement - without
notations_GEredline121100.DOC)

(See attached file: SS_Final Exhibit B-1(rev 4)_ENRONCOMMENTS_R2.doc)


---------------------- Forwarded by Judy Hernandez/HOU/ECT on 02/11/2000
04:01 PM ---------------------------

Judy Hernandez on 02/11/2000 03:59:57 PM
To: Su, HERNAN@LLGM.COM
cc:
Subject: Powerful!!!!

---------------------- Forwarded by Judy Hernandez/HOU/ECT on 02/11/2000
03:58 PM ---------------------------

Amber Ebow
02/11/2000 03:27 PM
To: Anthony Campos/HOU/ECT, jchadwick-joshua@worldnet.att.net,
angiec81@aol.com, smchadwic@yahoo.com, theresachadwick@hotmail.com,
bdouglas@sfasu.edu, larry_johnson@dci-ltd.com,
lee_johnson_@notes.seagate.com, kincadam@aol.com, mlittle@aol.com,
gmatth@coair.com, pell-shell@aol.com, mjpierson@netzero.com,
fwells@ascap.com, Kim Washington <washington@camdenprop.com>
cc: kechadwi@TexasChildrensHospital.org, rjackson@admin4.hsc.uth.tmc.edu,
sjohnson@urbanjustice.org, smorgan@pmigroup.com, carlao@bellsouth.net,
lyric_mase@hotmail.com, "Bowden, Neinka S" <nbowden@bcm.tmc.edu>, "Angela
Washington" <a-washington1@ti.com>, Shundea
Thrower<shundea.thrower@wcom.com>, Michelle Neville/HOU/ECT@ECT, Regina
Blackshear/Corp/Enron@ENRON, Judy Hernandez/HOU/ECT@ECT, Shyril L
Scott/HOU/ECT@ECT, Albert Escamilla/HOU/ECT@ECT
Subject: Powerful!!!!

---------------------- Forwarded by Amber Ebow/HOU/ECT on 02/11/2000 03:23 PM
---------------------------

Julissa Marron@ENRON
02/11/2000 03:21 PM
To: Marilyn Rivera/HOU/ECT@ECT, Patrick Marron
<Patrick.Marron@aspentech.com>, Tiffany La Dang
<tiffany@eubanks-architects.com>, "Linda Stevens" <lstevens@wt.net>, Faye
Ellis/HOU/ECT@ECT, Marvia Jefferson/HOU/ECT@ECT, Amber Ebow/HOU/ECT@ECT,
Stacey Barclay/HOU/ECT@ECT, Bernice Rodriguez/HOU/ECT@ECT, Lynette
Malone/HOU/ECT@ECT
cc:
Subject: Powerful!!!!

---------------------- Forwarded by Julissa Marron/Corp/Enron on 02/11/2000
03:19 PM ---------------------------

Subject: Powerful!!!!

 - ATT00032.jpg


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This is not about politics, but about our military.  Please read "reply
1".-Larry

?http://lucianne.com/threads2.asp?artnum=67457
 - Threads2.url


----- Forwarded by Stacy E Dickson/HOU/ECT on 04/10/2001 09:48 AM -----

	Paul Chymiy <pchymiy@NUI.com>
	04/10/2001 08:47 AM

		 To: "'Johnson, Rudwell'" <Rudwell.Johnson@ENRON.com>
		 cc: Jennifer Forno <jforno@NUI.com>, Terri Sue Gross <tgross@NUI.com>,
"'Stacy.E.Dickson@enron.com'" <Stacy.E.Dickson@enron.com>,
"'Mark.Breese@enron.com'" <Mark.Breese@enron.com>, Brian Rose
<brose@NUI.com>, Laura DiBenedetto <ldibenedetto@NUI.com>
		 Subject: RE: NUI Guaranty

Rudwell -
 Do you have any comments on the changes that I made which were
attached to the e-mail below?
Paul

> ----------
> From:  Paul Chymiy
> Sent:  Friday, April 06, 2001 8:21 AM
> To:  'Johnson, Rudwell'
> Cc:  Jennifer Forno; Terri Sue Gross; 'Stacy.E.Dickson@enron.com';
> 'Mark.Breese@enron.com'; Brian Rose; Laura DiBenedetto
> Subject:  RE: NUI Guaranty
>
> Rudwell -
>  I am attaching the Guaranty with a couple of minor changes.  I
> reinserted a parenthetical that was deleted from the second paragraph and
> correct "NIU" to "NUI" twice in the same paragraph.  Also, becasue of the
> statements contained in Section 17, I would like ENA to be a signatory to
> this document.
>  <<File: ENA-nui guaranty5(RED).doc>>
> Paul
>
>  ----------
>  From:  Johnson, Rudwell[SMTP:Rudwell.Johnson@ENRON.com]
>  Sent:  Thursday, April 05, 2001 5:05 PM
>  To:  pchymiy@nui.com
>  Subject:  FW: NUI Guaranty
>
>  <<File: nui guaranty5(clean).doc>>
>
>
>  >  -----Original Message-----
>  > From:  Sayre, Frank
>  > Sent: Thursday, April  5, 2001 3:28 PM
>  > To: Johnson, Rudwell
>  > Cc: Stacy E Dickson@ECT; Mark Breese@ECT
>  > Subject: NUI Guaranty
>  >
>  > Rudwell - Here is the NUI guaranty incorporating the changes to
> the
>  > second paragraph and Section 3 that we discussed earlier on the
> phone.
>  >  <<nui guaranty5(clean).doc>>
>
>


Yes, I will be able to attend.  Thanks.  --Sally

 -----Original Message-----
From: 	Costello, Lisa
Sent:	Thursday, November  1, 2001 2:51 PM
To:	Beck, Sally; Piper, Greg; Perlman, Beth; Hotte, Steve; Dayao, Anthony; Johnson, Jeff; Chun, Inja; Webb, Jay; Rub, Jenny; Paskin, John; Stock, Stephen
Cc:	Valdez, Christina; Spiller, Tina; Westbrook, Cherylene R.; Villarreal, Lillian; Lapsley, Carol; Browder, Mary Lou; Hritz, Alice; Weatherstone, Mary; Estrada, Mercedes E.; James, Giselle
Subject:	Dinner with Mark Pickering

Mark would like to invite you to a dinner, Tuesday, November 6, at 7:00 p.m.  Dinner will be at PF Changs, 4094 Westheimer, 713-627-7220.  Please advise if you are available.

Thank you,
Lisa
x31819


Kim, just called and said Dayton has issued an ofo and her new number for the
29th is 963 dth from the 1309.

thanx


As you know, we do not have a contract with Transalta Energy Marketing Corp.
but with Transalta Energy Marketing (US) Inc.  I am changing this deal to
that CP.

Let me know if you have any objections or if you prefer to make the change
yourself.  Do you want me to continue to let you know of these changes?  I
know Carla preferred to make the changes herself.