We are pleased to present you with a 2001 Special Stock Option Grant Award.  As a participant in this grant you have the opportunity to share in the ownership of Enron and the potential profit from increases in the value of Enron's common stock.

The 2001 Special Stock Option Grant was made to let you know how valuable you are and to recognize your contributions in making Enron the great company it is today.   Although there are no guarantees as to Enron's future stock performance, we believe that an Enron stock option has tremendous future growth potential.  The value you ultimately receive from your options will depend on the price of Enron stock at the time you exercise your options.

You can access your 2001 Special Stock Option Grant Agreement and the Stock Plan document governing the grant via your eHRonline account on the intranet website at http://ehronline.enron.com.  Unlike stock options granted in the past a copy of your grant agreement will not be mailed to your home address.

Additionally, the following information regarding the 2001 Special Stock Option Grant can be found on the HR website http://hrweb.enron.com.

?	2001 Special Stock Option Grant Highlights
?	2001 Special Stock Option Grant Frequently Asked Questions (FAQs)
?	A "How to Exercise Options" document that contains contact information and PaineWebber forms applicable to your stock options

Please take time to review this material.  It is important to us and to you.  If you have any questions, please contact your Human Resources representative.


Cuiaba Pipeline - Joe Kolb reviewed the most recent Monthly Status Report and
is trying to confirm some information regarding potential construction during
the rainy season (November) due to the delays in the Ridges area.

Metgas Pipeline -  Joe Kolb completed review of final version of EMP and met
with Paul Perisho and how now issued EMP Approval memo.  Apparently there are
still a large number of hurdles to beginning construction in February '01.
They will not pursue hiring a project Env Mgr until they are more confident
of when the project will begin.

BMPs for Pipeline Construction - Bob Moss confirmed that Jerry Martin with
EE&CC has received the proposed pipeline BMPs for his personal or his staff's
review.  Joe has been unable to confirm EBS's interest/participation in
similar guidelines for fiber optic construction.

Capital Project EHS Flow Charts - Joe Kolb, Susan Worthen, and Bob Moss
discussed EE&CC's role in the environmental aspects of major capital project
development.  Joe will finalize the draft flow charts this week.

Recycling Committee - Joe Kolb obtained contacts with Houston Area Recycling
Council and David Ronkainen will be attending an upcoming meeting.  Wayne Lei
will provide us with info on PGE's recycling program.

ENEL, Nicaragua - Don Stevens and Mike Fuentes finalized the environmental
due diligence report for ENEL and distributed to the project team.  Estimated
environmental liabilities are $4.5 MM.

Quantitative Risk Module and Compliance Calendar - Don Stevens will meet with
Christine Dinh (Enron Net Works) on Friday to discus our IT project needs for
the risk module.  Gavin Dillingham will be on-hand to discuss the compliance
calendar.  Both projects have been on hold (for up to two months) due to the
lack of IT support.

Annual EHS Report - Susan Worthen continued to work through technical
difficulties this week that has impacted the anticipated debut of the
report.  She is currently drafting a project schedule for next year's report
to present internally and streamline the process to ensure a more timely
publication.

Safety Notices Issued - Russell Tucker issued a Safety Notice on the OSHA
final policy concerning treatment of voluntary employer safety self-audits
during inspections and the EPA final rule concerning access to off-site
consequence analysis information required by the RMP standard.

BCCA Economic Study - Marc Phillips received survey materials regarding the
Business Coalition for Clean Air (BCCA) economic study. He, with Cheryl
Dawson, are preparing information about the economic impact of the Houston
non-attainment regulations on the methanol plant.

TXOGA Pipeline Committee - Marc Phillips met with the Chair of the TXOGA
Pipeline Committee, Gwenyette Broussard with Equilon, and was informed that
Stan Horton had met with George Rootes, the CEO of Equilon, and discussed the
future of the TXOGA Pipeline Committee. They agreed to form a steering
committee to give direction to the pipeline committee activities.

Boiler and Heater MACT Regulations - Marc Phillips provided information to
chemical plant personnel regarding the boiler and heater Maximum Achievable
Control Technology (MACT) regulations that will be proposed this fall to
control formaldehyde emissions by 2005.

Texas "Grandfathered" Emission Sources - Marc Phillips met with John Shafer
(GPG), Bill Kendrick (GPG) and Tom Shelton (ENA) to discuss Enron's position
on the meetings the intrastate pipeline association is having with TNRCC on
grandfathered engines. Companies have the ability to obtain air permits for
grandfathered emission sources under a voluntary (VERP) program in Texas.
TXOGA is not involved in the meetings and does not support them. It was
agreed that more industry groups, including INGAA, should be involved in the
discussions.

Dabhol Power Plant Water Well Contamination - ThermoRetec continues to
conduct aquifer pump tests at selected monitoring wells to gather
characteristic data on the acquifer behavior to evaluate contaminant
transport.

Henry Van and Bal Wong are coordinating a trip to India to work with Dabhol
Management to develop an action plan for the groundwater issues and the EHS
Audits conducted to date (AD Little Safety audit, ENSR Environmental Audit
and Enron Operations Audit).  Expect to develop a workplan for Bal to
continue support Dabhol in the resolution of all issues at hand.

Ecolelectrica Air Compliance Issues - Marc Philips and Donnie Willmann met
with Ernesto Blanco and presented the plan for continue support to assist
in the resolution of NOV issues and prevent future NOVs.  Meeting went well
and all issues are understood as well as roles and responsibilities for
supporting
compliance.


The Schedule calls for the exchange of Tax Certificates, being IRS Form 1001
(your latest revision).

"DALLAS GUEST ACCOUNT #2" <DGUEST2@andrews-kurth.com> on 12/20/99 11:19:10 AM
To: Sara Shackleton/HOU/ECT@ECT
cc:
Subject: Fwd: Re: Project Ghost Tax Review

Please see the attached - can you tell me what this certificate is?

Thanks

Danny

Received: from nahou-ln9.nt.ect.enron.com (outbound5.enron.com
[192.152.140.9]) by andrews-kurth.com; Mon, 20 Dec 1999 08:48:16 -0600
Subject: Re: Project Ghost Tax Review
To: "CHRIS MOORE" <MOORCH@andrews-kurth.com>
Cc: cclark@ect.enron.com
Bcc:
From: Alicia_Goodrow@enron.com
Date: Mon, 20 Dec 1999 08:52:42 -0600
Message-ID: <OFE5658C1D.4A1AB7C7-ON8625684D.005195E1@nt.ect.enron.com>
X-Priority: 3 (Normal)
X-MIMETrack: Serialize by Router on NAHOU-LN9/Enron(Release 5.0.1 (Intl)|16
July 1999) at 12/20/99 08:52:43 AM
MIME-Version: 1.0
Content-type: text/plain; charset=us-ascii

 Except for the mystery regarding a Tax Certificate which Sarah Shackleton
indicates she needs for closing and about which I know nothing, I have
completed by tax review of this round of documents on Project Ghost and
have nothing to add.

Alicia Goodrow


FYI

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/03/2000
01:51 PM ---------------------------

Jens Gobel@ENRON
04/03/2000 11:35 AM
To: Vince J Kaminski/HOU/ECT@ECT, Stinson Gibner/HOU/ECT@ECT
cc:
Subject: Carla diCastro

Hi there,

I brought Carla's CV to Jay's attention. He forwarded it to George Wasaff who
is responsible for "e-procurement".

Jens


Sorry about that - the request came while I was out of town and I missed it -
have now approved.

	Sara Shackleton
	10/18/2000 01:35 PM

		 To: Mark Taylor/HOU/ECT@ECT
		 cc:
		 Subject: Re: Enron/FPL ISDA

Are you having second thoughts about this?
----- Forwarded by Sara Shackleton/HOU/ECT on 10/18/2000 01:33 PM -----

	"JASON PETERS" <PETEJ@andrews-kurth.com>
	10/18/2000 10:15 AM

		 To: <Sara.Shackleton@enron.com>
		 cc:
		 Subject: Re: Enron/FPL ISDA

We're waiting for Mark Taylor's approval.

>>> <Sara.Shackleton@enron.com> 10/18/00 09:22AM >>>

Do you have access to Lotus Notes?  Serge told us on Oct. 3 that he would
have comments no later thatn the week of 10/16 and you would follow up with
him.
I'll try to call you when I have a free minute.  Sara

                    "JASON PETERS"
                    <PETEJ@andrews-        To:     <smartin@steelhector.com>
                    kurth.com>             cc:     <Sara.Shackleton@enron.com>
                                           Subject:     Enron/FPL ISDA
                    10/17/2000
                    01:57 PM

Serge,

I just wanted to get an update on when you thought we would have a response
regarding the above-referenced ISDA.

Thanks,

Jason Peters
713-220-4124


I added volume for Southern Connecticut.  Discard previous email.

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

 - ATTSFW7Y


http://www.flipdog.com/js/jobsearch-results.html?loc=TX-Houston+Area&srch=Trader&job=1

http://jobsearch.monster.com/jobsearch.asp?cy=US&brd=1&q=Natural+Gas+Trader

http://www.hotjobs.com/cgi-bin/job-search?KEYWORDS=natural+gas+trader&PARSE_NO_NULL=1&HJ_JOBS=1&AX_JOBS=1

Beth Cherry
___________
Sr. Creative Consultant
EnFORM Technology
713.350.1860


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    or turn off these reports please
    click here

Player Updates NFL Reports

Latest NFL Player News

Keyshawn Johnson, WR TB - Giggles Updated 10/28/01
Johnson sat out the second half of Tampa Bay's 41-14 victory over the Minnesota Vikings because of a right knee bruise and will have an MRI test Monday. He was already playing with a sore right hip that limited him in practice last week. "I will get an MRI in the morning and go from there," Johnson said. "Right now, they are saying that it's just a bruise. But we'll know more tomorrow. I probably could not have played if they needed me to. I was in pretty bad pain."

Emmitt Smith, RB DAL -!
 B!
ass/Hull Updated 10/28/01
Smith pronounced himself OK despite having his right knee wrapped after the Dallas Cowboys' 17-3 victory over Arizona on Sunday. "It's throbbing a little bit right now, but I'll be all right," Smith said. "I felt it. I knew what it was. I didn't know the degree the injury was. It worried me a bit."   But Smith was able to walk off the field without assistance. He said he expects to play next week at the New York Giants. Coach Dave Campo said Smith would be re-evaluated on Monday, but said he was encouraged that Smith was walking around.

Daunte Culpepper, QB MIN - Giggles Updated 10/28/01

According to published reports, Culpepper suffered a broken nose in Sunday's game against Tampa Bay. He is not expected to miss any game action.

Eddie Kennison, WR DEN - Free Agent Updated 10/28/01
Kennison rushed one time for 10 yards against New England, and did not catch a pass. The veteran wideout has reverted back to  statistical silence after a brief period of productivity.

Mike Anderson, RB DEN - Neal/McKay Updated 10/28/01
Anderson rushed for only 40 yards on 14 carries against the Patriots. He did score on an eight-yard run, bu!
t !
the Broncos let Olandis Gary carry the ball 10 times for 37 yards also. Denver appears to have lost some confidence in Anderson this year.

David Patten, WR NE - Free Agent Updated 10/28/01
Patten caught five passes for 62 yards and a TD at Denver. He should continue to be a scoring threat as long as he remains one of New England's top two receivers.

Troy Brown, WR NE - Bass/Hull Updated 10/28/01

Brown caught nine passes for 86 yards and a TD at Denver. He also carried the ball one time for 31 yards. Brown will always be a big-play threat against the weaker defensive teams on the Patriots' schedule.

Curtis Conway, WR SD - Giggles Updated 10/28/01
Conway caught nine passes for 120 yards against Buffalo, In the past, Conway was a disappoitment, but now he is working well with Doug Flutie and staying healthy. Conway is finally performing up to expectations as a Fantasy wideout.

Freddie Jones, TE SD - Neal/McKay Updated 10/28/01
Jones !
ov!
ercame a sprained ankle to play against the Bills, and caught two passes for five yards. One of his catches was good for a one-yard TD, and Jones may now get much of his numbers on short TD catches. Doug Flutie seems to prefer his wideouts over the tight end when the Chargers are outside the red zone.

Larry Centers, RB BUF - Free Agent Updated 10/28/01
Centers was limited to eight receiving yards on four catches by San Diego. The Bills ideally want to get the ball downfield to their wideouts and Jay Riemersma, so don't expect good numbers from Centers ecery week.

Peerless Price, WR BUF - Free Agent <FO!
NT!
 SIZE=1>
Updated 10/28/01
Price caught eight passes for 151 yards and a TD at San Diego. While Price is still inconsistent, he appears to have improved enough to start for Fantasy teams occasionally.

Matt Hasselbeck, QB SEA - Bass/Hull Updated 10/28/01
Hasselbeck had his best game as a pro, throwing for 230 yards, two TDs and no interceptions. But he continued to have some troubles completing key passes and getting the ball downfield on important downs.

Shaun Alexander, RB SEA - JWillie Updated 10/28/01
<F!
ON!
T SIZE=2>The Dolphins held Alexander to 87 yards on 23 carries. Considering the strength of the Miami defense, Alexander's final numbers looked respectable, but he also fumbled twice. The Seattle RB will continue to post good yardage numbers, but the league's better defenses might limit his overall output.

Oronde Gadsden, WR MIA - Matty Updated 10/28/01
Gadsden caught only one pass for 15 yards at Seattle. Miami's No. 1 wideout is not playing well enough to be anything more than a Fantasy backup.

James McKnight, WR MIA - Free Agent Updated 10/28/01
<FO!
NT!
 SIZE=2>
McKnight caught eight passes for 94 yards and a TD at Seattle, but also lost a fumble. The Miami receiver continues to be erratic and occasionally productive.

Ron Dayne, RB NYG - Neal/McKay Updated 10/28/01
Dayne was held to just 19 yards on eight carries by Washington. He is not putting up consistently good numbers, and should not start for most Fantasy teams right now.

Amani Toomer, WR NYG - Tori Updated 10/28/01
Toomer caught nine passes for 109 yards and a TD against Washington. He remains a must-start Fantasy player, no matter what !
th!
e opposition is.

Stephen Davis, RB WAS - Bass/Hull Updated 10/28/01
Davis rushed for 107 yards against the Giants, but was held out of the end zone again. He is still running for good yardage, but the Redskins continue to score via the pass when they are able to move the ball.

Tony Banks, QB WAS - Free Agent Updated 10/28/01
Banks threw for 190 yards, two TDs and was not intercepted by the Giants. Right, now the erratic QB is playing well enough to be used as a Fantasy reserve.

Duce Staley, RB PHI - Giggles Updated 10/28/01
Staley played Sunday against Oakland but was held to 19 yards and a touchdown on three carries, with two catches for 35 yards. He was going up against a tough Raiders' rush defense, and should post better stats in future weeks. However, it bears noting that Correll Buckhalter led the Eagles with seven carries, which suggests that neither back is the clear go-to guy right now. That makes both risky starts.

Charlie Garner, RB OAK - Russell Updated 10/28/01
Garner rushed 21 times for 77 yards and a touchdown Sunday a!
t !
Philadelphia. This outing could put him firmly in place as the Raiders' featured back while Tyrone Wheatley remains sidelined.

Rich Gannon, QB OAK - Martin Updated 10/28/01
Gannon passed for just 158 yards, no touchdowns and no interceptions in Sunday's game at Philadelphia. He was facing a tall challenge in the Eagles' secondary, and we expect he will rebound with better stats in future weeks.

Donovan McNabb, QB PHI - Russell Updated 10/28/01

McNabb passed for just 133 yards and no touchdowns Sunday against Oakland, but he didn't get intercepted either. It was asking a lot for him to post great stats against the Raiders' defense, but this was still a disappointment. McNabb is in a bit of a slump right now, but he should break out of it and be a useful Fantasy quarterback over the second half of the season.

Michael Pittman, RB ARI - Matty Updated 10/28/01
Pittman rushed 16 times for just 29 yards Sunday at Dallas. He hasn't been much better than Thomas Jones this season, and we don't think either player will be a reliable Fantasy option for the remainder of the year.

David Boston, WR ARI - Bass/Hull Updated 10/28/01
Boston caught nine passes for 108 yards in Sunday's game at Dallas. While Jake Plummer has been an inconsistent quarterback from a Fantasy perspective, Boston has proven a worthy player because he gets most of the looks in the Arizona passing game. He's easily a solid No. 2 receiver on any team.

Jake Plummer, QB ARI - Frank Updated 10/28/01
Plummer passed for 233 yards, no touchdowns and two interceptions in Sunday's game at Dallas, further exhibiting how inconsistent he can be. Unless the matchup dictates otherwise, you shouldn't rely on him for useful stats on a weekly basis.

 Cowboys, DT DAL - Free Agent Updated 10/28/01
The Cowboys held the Cardinals to three points Sunday, and recorded two sacks and two interceptions in the game. Dallas' defense has been somewhat decent from a Fantasy perspective based on the matchup, but don't let this performance fool you into believing that this unit will give you consistent stats week in and week out.

Clint Stoerner, QB DAL - Free Agent Updated 10/28/01
Stoerner completed 9-of-18 passes for 93 yards, no touchdowns and an interception while rushing for seven times for 23 yards and a score in S!
un!
day's game against Arizona. These numbers aren't great for the Fantasy owner, and they came against a weak Cardinals' secondary. We don't recommend Stoerner for your team based on this outing.

Emmitt Smith, RB DAL - Bass/Hull Updated 10/28/01
Smith left Sunday's game against Arizona late in the fourth quarter with a right knee injury after accumulating 83 rushing yards on 21 carries. He will be evaluated shortly.

Rob Johnson, QB BUF - Giggles Updated 10/28/01

Johnson left Sunday's game in the third quarter with an apparent knee injury. He was taken to the locker room for further examination and was briefly replaced by Alex Van Pelt before he returned.

More Updates

View Transactions

View

Transactions

Date	Time	Player	Team	Transaction	Effective	Cost!
</!
B>

10/28/01	 1:06 PM	Longwell, Ryan	JWillie	Put on DL	Week 7

10/26/01	 6:56 PM	Brady, Tom	Martin	Signed	Week 7	$2.5

10/26/01	 6:56 PM	McNair, Steve	Martin	Released	Week 7	$2.5

Breakdown Schedule

Breakdown

Tori

Player	Pos	Points

Weinke, Chris	QB	1.0

George, Eddie	RB	0.0

Martin, Curtis	RB	18.0

Carter, Cris	WR	5.0

Holt, Torry	WR	13.0

Toomer, Amani	WR	16.0

Richey, Wade	K	9.0

Eagles	DT	1.0

TOTAL	 	63.0

Ward, Hines	WR	0.0

Allen, Terry	RB	0.0

Barlow, Kevan	RB	4.0

Gramatica, Martin	K	13.0

Pathon, Jerome	WR	0.0

		at Martin

Player	Pos	Points

Brady, Tom	QB	10.0

Henry, Travis	RB	8.0

Thomas, Anthony	RB	20.0

Brown, Tim	WR	4.0

Muhammad, Muhsin	WR	1.0

Owens, Terrell	WR	6.0

Elam, Jason	K	9.0

Dolphins	DT	9.0

TOTAL	 	67.0

Gannon, Rich	QB	8.0

Jackson, Willie	WR	11.0

Dunn, Warrick	RB	0.0

Hayes, Donald	WR	2.0

Jenkins, MarTay	WR	0.0

Moore, Rob	WR	0.0

Copyright 2001 Commissioner.COM Inc and SportsLine.com Inc.
Your site can be reached from http://fantasy.sportsline.com

FB10SP


Attached is the preliminary injunction entered by Judge Moreno today.  As
noted previously, this injunction supersedes all prior Orders in the related
market participant cases.
Received: from ntfs1.we-law.com (w011.z208037042.lax-ca.dsl.cnc.net
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Received: by NTFS1 with Internet Mail Service (5.5.2650.21) id <ZFS6NAVL>;
Mon, 5 Mar 2001 09:29:46 -0800
Message-ID: <5126567AA3A3D411B76900508BE70CAE01DCD3@NTFS1>
From: "Jeffrey M. Tanzer" <JTanzer@we-law.com>
To: "Alan Z. Yudkowsky (E-mail)" <ayudkowsky@stroock.com>,  "Anne Hayes
Hartman (E-mail)" <ahartman@gmssr.com>,  "Brian S. Currey (E-mail)"
<bcurrey@omm.com>,  "Diane E. Pritchard (E-mail)" <dpritchard@mofo.com>,
"Douglas L. Thorpe (E-mail)" <thord@perkinscoie.com>,  "Douglas M. Butz
(E-mail)" <dmbutz@butzdunn.com>,  "Frederick Yanney (E-mail)"
<fyanney@fulbright.com>,  "Gary S. Fergus (E-mail)" <gfergus@brobeck.com>,
"Gordon P. Erspamer (E-mail)" <gerspamer@mofo.com>,  "Harry A. Olivar Jr.
(E-mail)" <hao@quinnemanuel.com>,  "James Crossen (E-mail)"
<jcrossen@apx.com>,  "Jennifer Baldocchi (E-mail)"
<jenniferbaldocchi@paulhastings.com>,  "Jennifer Roth (E-mail)"
<jroth@mofo.com>, "John C. Morrissey (E-mail)"  <jmorrissey@mdbe.com>,
"Lawrence P. Ebiner (E-mail)" <lebiner@mofo.com>,  "Marc Williams (E-mail)"
<mawilliams@omm.com>, "Mark A. Collins (E-mail)"  <macollins@mwe.com>,
"Michael Lifrak (E-mail)" <mtl@quinnemanuel.com>,  "Nora Cregan (E-mail)"
<ncregan@mdbe.com>, "Paul Pantano (E-mail)"  <ppantano@mwe.com>, "Per A.
Ramfjord (E-mail)" <paramfjord@stoel.com>,  "Peter Jazayeri (E-mail)"
<pjazayeri@stroock.com>,  "Robert E. Kohn (E-mail)" <rkohn@mwe.com>,  "Thomas
A. Freiberg Jr. (E-mail)" <tfreiberg@fulbright.com>
Cc: "Ben D. Whitwell" <BWhitwell@we-law.com>
Subject: Preliminary injunction
Date: Mon, 5 Mar 2001 09:29:45 -0800
MIME-Version: 1.0
X-Mailer: Internet Mail Service (5.5.2650.21)
Content-Type: multipart/mixed;
boundary="----_=_NextPart_000_01C0A599.DF178014"

 Dear Counsel:

 Attached is a scanned copy of the preliminary injunction, which we
received by fax from the court this morning.  As you will see, the
preliminary injunction was signed by the court on March 5.

 <<preliminj-scanned.tif>>

Jeffrey M. Tanzer
Whitwell & Emhoff LLP
202 N. Canon Drive, 2d Floor
Beverly Hills, CA  90210
Tel:   (310) 887-4421
Fax:  (310) 274-9910
e-mail:  jtanzer@we-law.com

 - preliminj-scanned.tif


During the course of their investigation, Special Agents from the Federal Bureau of Investigation will be taking documents they believe may be important for their investigation from employees' offices.  The FBI has agreed to return copies of such documents.

In addition, should you have an immediate need for a document requested by the FBI, please make a copy of the specific document and give the original to the FBI. Thank you for your cooperation.


BUSINESS HIGHLIGHTS

Enron Industrial Markets
The Transaction Development group (TD) is responsible for corporate
development, transaction execution and portfolio management activities within
EIM.  TD is responsible for asset and corporate acquisitions to support EIM,s
efforts in the Forest Products and Steel industries.  TD works with EIM,s
Forest Products and Steel Origination groups to structure and execute complex
transactions for EIM,s customers.  TD also manages EIM,s equity investments,
such as EIM,s ownership position in Papier Masson, Ltee, a paper mill in
Quebec, Canada.

TD is comprised of approximately 20 professionals with a wide range of
backgrounds including investment banking, commercial banking, management
consulting, law, project development, accounting and engineering.  In
addition, the majority of the analysts and associates within EIM work in TD
since it provides a strong base of deal experience for junior members of our
organization.

Enron Freight Markets
Enron Freight Markets has continued to expand the transportation services
offered to its customers and completed several flatbed truck moves outbound
from Georgia this week.  There was a shortage of flatbed equipment supply in
this market and EFM was able to obtain more than three times the normal
margin on each move.

IN THE NEWS

"Enron's bilateral internet trading platform, EnronOnline, was launched in
November 1999 and is the largest e-commerce site on the planet based on the
value of its transactions.  As EPRM went to press, it had average daily
trading volume of $3.5 billion, accounting for nearly 50% of the company's
revenues from wholesale marketing activities." -- Energy Power Risk
Management, May 2001

WELCOME
New Hires
EIM   - Cheryl Lindeman
ENA  - Chris Bystriansky, Paula Craft, Eugene Lee, Bhalachandra Mehendale,
Sarah Wooddy

Transfers (to or within)
ENA - Grace Taylor, Steven Irvin, Dina Snow

NUGGETS & NOTES

Enron is hosting the Chicago Energy Risk Management Seminar at The Drake
Hotel in Chicago on June 14, 2001.  Topics include: Power Outlook, Natural
Gas Outlook, Hedging Strategies, Weather Risk Management and Pulp and Paper
Risk Management. The RSVP deadline is June 8th so please contact Laura Pena
as soon as possible at x 3-5376.  This is a great event for "new" as well as
established customers.  There will be a cocktail reception immediately after
the presentations.  Enron will also be hosting seminars in Atlanta, Houston,
Denver and San Francisco.  Dates to be announced soon.

Travel tip of the week:
Flights reserved through Travel Agency in the Park provide you with $150,000
of flight insurance at no additional charge.

EnronOnline Statistics
Below are the latest figures for EnronOnline as of May 29, 2001.

* Total Life to Date Transactions >  1,015,000
* Life to Date Notional Value of Transactions > $610 billion

NEWS FROM THE GLOBAL FLASH

Enron arranges first gas pipeline import into Italy
Enron has continued its pioneering activities in the Continental gas market
by arranging the first gas import into Italy.  The Italian team worked with
the Continental Gas desk to arrange this strategically important agreement
with Blugas SpA., the wholesale gas company formed by the municipalities of
Cremona, Lodi, Mantova and Pavia in north-eastern Italy.  Enron has sourced
100,000 cubic metres per day of natural gas from northern Europe to transport
to Italy, transiting it through Germany and Switzerland, despite fierce
resistance from Ruhrgas and TransitGas respectively.

Aside from isolated LNG imports by incumbent monopolies this is the first
time that any company has managed to import natural gas by pipeline into
Italy since the Italian gas sector was officially liberalised in August 2000.
The gas, which started flowing at 06.00 on Thursday 17th May 2001, will be
used to meet the needs of two thirds of Blugas' residential customers within
the four municipalities. The current contract lasts for five months.

Congratulations to Fabio Greco, Carsten Haack, Didier Magne, Michael Schuh,
Marco Lantieri and Daniela Uguccioni.

Enron in the Middle East
Enron has relinquished its stake in Dolphin Energy, the joint venture company
formed to develop gas reserves in Qatar.
Enron has agreed to transfer its 24.5 per cent stake in the project to the
United Arab Emirates Offset Group (UOG), the majority shareholder. The
agreement allows Enron to deploy capital elsewhere and gives UOG the
opportunity to seek new partners before the project moves into its next phase.

Development of the Emden/Oude gas hub moves ahead fast
An important milestone in the evolution of the new gas trading hub on the
Dutch-German
border was reached last week. Last Friday some of the major European gas
players held a meeting to officially establish the Emden/Oude gas hub.
Although Enron had already initiated the development of the Emden/Oude hub by
making a market through EnronOnline as early as December 2000, the goal of
this meeting was to set up a working group similar to the Zeebrugge focus
group who can  work on setting a legal framework for the Emden/Oude hub.

Enron was elected as the only new market entrant in this group, reflecting
the high level of respect industry peers have for Enron as a major player in
the Continental gas market -- even from incumbents!

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


Rick -

attached is an updated RCR budget status report for your review and files

Eric


Car Rental Options for Enron Travelers

Rental car contracts for 2001 have been awarded to:

National Car Rental (Primary) and  Alamo Rent-A-Car (Secondary).

The intent of these agreements is to consolidate and leverage Enron's total
car rental spend to achieve the most favorable rates and non-pricing
provisions (i.e. insurance).

National Car Rental, due to its service levels, availability and total value
proposition, has been awarded Primary status and is recommended as the first
choice for Enron travelers' needs.

Alamo Rent-A-Car, a sister company to National, has been awarded a contract
reflecting a Secondary status, due to its service levels, availability and
low cost solutions.  Alamo is recommended as an alternative to National,
where available.

When you rent a vehicle in the United States, (including Puerto Rico) or
Canada, the following insurance provisions are included, regardless of rate
selected:
1. L/DW (Loss/Damage Waiver) - This is what is called Comprehensive or
Collision on your personal auto. It covers the rental vehicle and pays for
any damage to it.
2. Liability - This covers people and property outside the rental vehicle.
For both National and Alamo, the coverage is $100,000 per person, $300,000
per occurrence and $50,000 for property damage.
** IMPORTANT ***
These coverages apply regardless of rate selected, as long as the following
contract ID is communicated at the time of reservation and rental is recorded
on the transaction rental agreement.  (National -  5000838 Alamo    - #143974)

To enjoy the highest levels of service while renting a vehicle from Enron's
preferred suppliers, it is recommended that each traveler enroll in
National's and Alamo's preferred traveler programs.  National's Emerald Club
membership and Alamo's Quicksilver program are designed to speed the
transaction time by providing services such as counter bypass and rapid
return.  The enrollment fees for these programs have been waived for Enron
travelers.  Enrollment packets will be mailed to the addresses of Enron
American Express T&E Cardholders.  You may also find an enrollment form on
the Enron Travel Program intranet @ gss.enron.com <http://gss.enron.com/>.

If you have any questions or comments, please contact Jeff Leath at
713-646-6165.


STATES
NEW JERSEY -- Bill sets market share test for promoting local
competition
INDIANA -- URC to investigate Ameritech service quality
MISSOURI -- Bill targets Web sites that force computers to dial long
distance numbers
MONTANA -- Committee OKs Uniform Electronic Transactions Act
INDIANA -- URC gives interim approval to parts of Ameritech UNE tariff
CALIFORNIA -- PUC approves interim performance assessment plan
OREGON -- PUC wants contested cases to go to state appeals court
MONTANA -- Senate passes bill keeping '911' fund interest 'in the
system'
INDIANA -- URC seeks comment on scope of UNE proceeding
ARKANSAS -- Rep. Hunt seeks to clarify computer crime law
OHIO -- PUC to hold hearings on '614' area code relief proposals

SECTION 251/252
NEW JERSEY
Bill sets market share test for promoting local competition

Sen. Robert W. Singer (R., District 30) has introduced SB 1522 to
"establish conditions necessary for genuine competition to develop in
the local exchange telephone market."  The measure lays out standards
and procedures that would apply to each incumbent local exchange carrier
(ILEC) until its market share in its local service territory declined to
50% or below.

The Board of Public Utilities would have to hold a "cost-of-service"
hearing within 45 days of the law's effective date to determine an
ILEC's actual service costs, including costs of providing unbundled
network elements to competitors.  In analyzing costs, the BPU would have
to use "parameters consistent with those established by the FCC."

The BPU would have to hold subsequent cost-of-service hearings every two
years to provide for appropriate rate adjustments.  After each hearing,
the ILECs would have to file new rate tariffs with the BPU to reflect
"actual costs of service, plus an authorized rate of return up to a
maximum of 10%."  The bill includes provisions to make sure "ILECs offer
to lease network elements to competing local exchange carriers [CLECs]"
and "otherwise conduct their business in nondiscriminatory ways with
regard to CLECs."

"Immediately following" the law's effective date, the BPU would have to
order full testing of the ILEC's operations support systems (OSSs).  The
board couldn't certify an OSS as functional unless the testing
"unequivocally" demonstrated that it met the same standards as required
for systems used for switched interexchange service.  The OSS would have
to pass a 90-day commercial availability test before certification.

After the initial hearing, switched access rates would have to be
reduced to cost.  Unless cost data supported higher rates, the BPU would
have to set access rates at no higher than $.008 per minute for local
switching charges and $.00175 per minute for originating and terminating
nontraffic-sensitive switched usage rates.

Another provision of the bill deems local calls to Internet service
provider to be "local call[s] for reciprocal compensation purposes."

The bill aims to protect consumers by directing the BPU to establish a
universal service fund (USF) that would be funded by all telephone
service providers.  The USF would provide discounted service for
eligible schools and libraries and provide support for service in
high-cost areas.  The measure would require creation of a Lifeline
service program.

The BPU would have to develop comprehensive performance standards,
reporting requirements, service quality measurements, and enforcement
mechanisms to ensure that service isn't degraded, and competitors aren't
disadvantaged in the competitive marketplace.

SB 1522 has been referred to the Commerce Committee.  An identical
version (AB 3122) sponsored by Assemblywoman Rose Marie Heck (R.,
District 38) has been introduced in the Assembly.  The text of SB 1522
is available at
http://www.njleg.state.nj.us/2000/Bills/s2000/1522_i1.htm.

CUSTOMER-AFFECTING
INDIANA
URC to investigate Ameritech service quality

The Utility Regulatory Commission yesterday opened a formal
investigation of Ameritech-Indiana's service quality.  The commission
acknowledged that the company's service quality has improved during the
last few months but said it's concerned that during 2000 the company
didn't meet service quality standards required by law.  The URC said its
investigation will require Ameritech to "convince the commission why
enforcement action should not be taken."

According to the URC, Ameritech doesn't comply with the state law
requirement to restore all service outages within 24 hours of the time
they're reported.  (170 IAC 7-1.1-11(E)(1))  Ameritech managed to comply
with the requirement just 85.3% of the time during the first quarter of
2000, 81.4% of the time during the second quarter, and 66.2% during the
third quarter.

The URC said Ameritech's performance falls short of compliance with the
state law requirement that it fulfill at least 90% of all requests for
new primary service in any month within 5 days.  (170 IAC
7-1.1-11(A)(2))  Ameritech complied with the standard 86% of the time
during first quarter 2000, 85.5% during the second quarter, and 88.6%
during the third quarter.

It said Ameritech also fails to meet the standard requiring it to make
all reasonable efforts to provide adequate personnel so that under
normal operating conditions, at least 80% of calls to business office
and repair service are answered within 20 seconds after the beginning of
a ring, the URC said.  Ameritech's average response to answer phone
calls in 2000 ranged from a low of 62.5 seconds in January to a high of
222.7 seconds in August, it said.

INTERNET
MISSOURI
Bill targets Web sites that force computers to dial long distance
numbers

Sen. John Loudon (R., District 7) has proposed a bill to prohibit Web
site operators from causing users' computers to dial long distance
numbers without informing the users.  SB 70 would add a new section to
Chapter 570, RSMo.

Web site operators who violated the new section could be charged with a
"class A" misdemeanor if related long distance charges were $150 or
less.  If the charges totaled more than $150, the Web site operator
could be charged with a "class C" felony.

SB 70 has been referred to the Civil and Criminal Jurisprudence
Committee.  Its text is available at
http://www.senate.state.mo.us/01info/billtext/intro/SB070.htm.

INTERNET
MONTANA
Committee OKs Uniform Electronic Transactions Act

The state House Business and Labor Committee has approved a Uniform
Electronic Transaction Act to prohibit anyone from denying legal effect
or enforceability to a record or signature solely because it's in
electronic form.  (1/3/01 p.m.)

Each government agency would be able to determine whether and to what
extent it would send and accept electronic records and electronic
signatures.  The committee amended the bill to state that government
agencies wouldn't be limited to specific types of technologies.

HB 234 states that electronic signatures would be valid only if all
parties agreed to conduct a transaction electronically.  If a party
agreed to conduct one transaction by electronic means, the party could
refuse to conduct other transactions electronically.  This right to opt
out of electronic transactions couldn't be waived.

Secretary of State Mike Cooney (D.) is the sponsor of HB 234, which
awaits consideration on the House floor.

SECTION 251/252
INDIANA
URC gives interim approval to parts of Ameritech UNE tariff

The Utility Regulatory Commission yesterday gave interim approval to the
terms and conditions portion of Ameritech-Indiana's proposed unbundled
network element (UNE) tariff.  The interim approval is subject to
challenge in a formal pleading by any competitive local exchange
carrier, other party to the case, or the commission's own motion to
investigate a specific term or condition.  The URC gave final approval,
however, to the tariff's rates and charges..

The URC said it's concerned that "a tariff containing finally approved
terms and conditions may become not only the minimum conditions for
interconnection but also the maximum conditions any CLEC can negotiate.
We believe this result would improperly limit future negotiations
between [incumbent local exchange carriers] and CLECs to limit the
choice available under section 252 of [the federal Telecommunications
Act of 1996]."

The commission said it isn't sure how an interconnection agreement and
an interconnection service arrangement that is tariffed would interact.
For example, the URC questioned whether a CLEC could have an
interconnection agreement but still buy interconnection services out of
a tariff.

(Cause no. 40611 - In the Matter of the Commission Investigation and
Generic Proceeding on Ameritech-Indiana's Rates for Interconnection,
Service, Unbundled Elements, and Transport and Termination Under the
Telecommunications Act of 1996 and Related Indiana Statutes)

SECTION 251/252
CALIFORNIA
PUC approves interim performance assessment plan

The Public Utilities Commission has approved an interim performance
assessment plan for Pacific Bell and Verizon California, Inc., that
seeks to identify and prevent or remove any barriers to telecom
competition.  The federal Telecommunications Act of 1996 requires all
incumbent local exchange carriers to provide competing carriers access
to the incumbent's infrastructure, such as operation support systems
(OSSs).

Within the plan, the PUC created a set of procedures for assessing the
performance measurement results to identify competitive barriers.  The
commission also concluded that the interim pilot test period would
assist the PUC in determining the appropriate levels of long-term
economic incentives.

The plan's details are available at
http://www.cpuc.ca.gov/PUBLISHED/AGENDA_DECISION/4344.htm.  (Rulemaking
97-10-016 and Investigation 97-10-017)

FUTURE OF REGULATION
OREGON
PUC wants contested cases to go to appeals court

The Public Utility Commission has sponsored a bill to remove one layer
from the process parties encounter when contesting a PUC decision.  HB
2179 would require all cases challenging PUC decisions to go straight to
the appeals court, rather than first going to the circuit court and then
to the appeals court.  The PUC staff told TR that most public utility
commissions already operate in this manner.

The staff said that in supporting the legislation, the commission wants
to accelerate the review process and reduce unnecessary steps and
costs.  The staff said eliminating the circuit court level could make
for a more "stable" environment.

HB 2179 also could help the Marion County Circuit Court, which receives
the majority of cases contesting PUC decisions.  According to the PUC
staff, the circuit court is asking the county for more money, in part
because of all the cases it receives from the commission.  The
commission's headquarters is located in Marion County.

NETWORK MANAGEMENT
MONTANA
Senate passes bill keeping '911' fund interest 'in the system'

The state Senate has approved SB 112 to allow any interest earned on
funds deposited into a "911" account to be retained by the 911 system,
rather than being lumped into the state's general funds.  (12/19/00
p.m.)

According to a fiscal note on SB 112, the bill would conform the
statutes to current practice.  The measure, which was introduced by Sen.
Linda Nelson (D., District 49), awaits committee referral in the House.

SECTION 251/252
INDIANA
URC seeks comment on scope of UNE proceeding

The Utility Regulatory Commission has requested comments by Feb. 2 on
unbundled network element (UNE) issues it should address in a new
subdocket.  Replies are due Feb. 16.

The commission opened the subdocket in August 2000 to address the issue
of line sharing.  Covad Communications Co. and Rhythms Links, Inc., had
asked the URC to address the issue in its investigation of
Ameritech-Indiana's proposed UNE tariff, but the commission found it
wasn't appropriate to address it within that investigation.

The URC also has set other issues aside for the docket, such as shared
transport and loop conditioning.  (Cause no. 40611-S1 - In the Matter of
the Commission Investigation and Generic Proceeding on
Ameritech-Indiana's Rates for Interconnection, Service, Unbundled
Elements, and Transport and Termination Under the Telecommunications Act
of 1996 and Related Indiana Statutes)

INTERNET
ARKANSAS
Rep. Hunt seeks to clarify computer crime law

Rep. Russ Hunt (R., District 68) has introduced HB 1231 to amend the
state's computer crime law to define terms such as "computer virus" and
"aggravated computer trespass."  It would amend Arkansas Code 5-41-102.

The amendment would define a computer virus as "any computer
instruction, information, data or program that degrades the performance
of a computer resource; disables, damages or destroys a computer
resource; or attaches itself to another computer resource and executes
when the host computer program, data or instruction is executed or when
some other event takes place in the host computer resource, data or
instruction."

Aggravated computer trespass would be defined as the willful
introduction of a virus into a computer system or the dissemination of a
password or other sensitive computer-related information.  HB 1231 would
classify aggravated computer trespass as a "class D" felony.

The bill would specify the damages that a computer crime victim could
seek.  The term "damages" would include profits lost while a computer
system was down, the cost of restoring data, and the expenses incurred
in fixing or replacing any affected parts of the system.

HB 1231 has been referred to the House Judiciary Committee.  Its full
text is available at
http://www.arkleg.state.ar.us/ftproot/bills/2001/htm/HB1231.pdf.

NETWORK MANAGEMENT
OHIO
PUC to hold hearings on '614' area code relief proposals

The Public Utilities Commission yesterday scheduled two hearings for
Feb. 7 to receive public comment on proposals to relieve exhaustion of
the "614" area code.  The first hearing is scheduled for 10 a.m., and
the second is scheduled for 7 p.m.  Both will be held at the PUC's
offices in Columbus.

The "614" area code relief planning team has proposed either an
all-services "overlay" or a geographic "split" to relieve NXX code
exhaustion.  Under the geographic split option, all the exchanges
surrounding the Columbus exchange would be on one side, and only the
Columbus exchange would be on the other.  (Case no. 00-1260-TP-COI - In
the Matter of the Commission's Investigation into Exhaust Relief for
Area Code 614)

Federal law prohibits duplication in any form, including electronic,
without permission of the publisher.

TR State NewsWire Copyright 1998, 1999, 2000 Telecommunications Reports
International, Inc. (ISSN 1082-9350) is transmitted each
business day at 8 a.m. and 2 p.m., except holidays.
Telecommunications Reports International, Inc.
1333 H St. NW, Suite 100-E
Washington, DC 20005-4707

Editor: George E. Brandon, E-mail: gbrandon@tr.com
Associate Editor for Online Publications: Jennifer Erschen, E-mail:
jerschen@tr.com
Senior Legislative & Regulatory Analyst: Gayle Kansagor, E-mail:
gkansagor@tr.com
Senior Research Analyst: Steve Arlowe, E-mail: sarlowe@tr.com
Senior Analyst: Barney McManigal, E-mail: bmcmanigal@tr.com
Research Analyst: Brandi Kerns, E-mail: bkerns@tr.com
Account Services: Eileen Callahan (202) 312-6116, (202) 842-3023 (fax)
E-mail: ecallahan@tr.com


Chris:  What TYPE of counterparty are we dealing with here (i.e., corporate,
municipal, individual, etc.)?  I need to understand this before I send out a
form.  Sara

	Chris H Foster
	10/04/2000 01:19 PM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc: ptouhy@wm.com, gwoodward@wm.com
		 Subject: Swap Contract

Sara:

Can you please e-mail a sample ISDA without any credit info or address info
to Phil Touhy George Woodward at the addresses above?

Thanks!

Chris


Shouldn't we get together this weekend?
Sunday or such?

Chris Hornbeck
Architect
CAD / Design Manager
GAP, Inc. -- International Store Design
chris_hornbeck@sp.gap.com


Was this meeting cancelled yesterday?  It wasn't on my calendar?


PLEASE call me Jeff.  When I'm old, grey, and heavier, then you call use a
more formal salutation.
Great to meet you too, and I'll be in touch shortly.

Jeff

Daniel Fuller <dfuller@Princeton.EDU> on 11/29/2000 10:21:06 AM
To: jeff.shankman@enron.com
cc:
Subject: Re: This summer

Dear Mr. Shankman,

    Thanks again for meeting with me on Friday.  I appreciated meeting
you in person and look forward to working with you this summer in
Houston.  As per your request, I have attached a copy of my most current
resume. Have a great day.

Best Regards, Dan

 - dfuller.vcf


he hates the farmers down at the pulse machine

	Enron Capital Management

	From:  David Baumbach                           02/07/2001 09:01 AM

To: Eric Bass/HOU/ECT@ECT
cc:
Subject: Re: The Next HEISMAN winner for the University of Texas

Does he have the dreads hanging out of his helmet?  Seems like a nice guy,
you got to give me something to hate about this guy!


Hey:
I hope you know we were just kidding with you yesterday.  We don't get many
strangers on the floor so we have to harass them when we do.

I think I am a couple of the "we are not" attributes in your book.  Is that
going to cause me any problems going forward?
John


Attached is a draft of our rehearing request on the order FERC issued in RM01-9 requiring sellers of gas into California to file information on their sales, transport, and purchases.  The rehearing request restates our arguments in response to the NOPR  that (1) permanent, formal reporting requirements are not appropriate to address a temporary problem and are beyond the scope of the Commission's powers under the Natural Gas Act and (2) the commission significantly underestimated the burden of the reporting requirements as well as the responding parties' ability to comply.  We also request that the reports, if they must be submitted, be due 45 days after the end of the month instead of the required 30 days.
Please provide any comments or suggestions you may have on this draft to either myself (713-853-5840) or Leslie (505-623-6778) by COB Wednesday (8/22).

Thanks.


----- Forwarded by Tana Jones/HOU/ECT on 04/18/2001 01:42 PM -----

	Aparna Rajaram/ENRON@enronXgate
	04/18/2001 01:07 PM

		 To: Kelly Lombardi/NA/Enron@Enron, Samuel Schott/HOU/ECT@ECT, Bernice
Rodriguez/HOU/ECT@ECT, Bill D Hare/HOU/ECT@ect, Steve Venturatos/HOU/ECT@ECT,
Camille Gerard/Corp/Enron@ENRON, Samuel Schott/HOU/ECT@ECT, Tanya
Rohauer/ENRON@enronXgate, Tom Moran/ENRON@enronXgate, Tana Jones/HOU/ECT@ECT,
Frank L Davis/HOU/ECT@ECT, Ken Curry/ENRON@enronXgate, Nicole
Hunter/NA/Enron@Enron, Lesli Campbell/ENRON@enronXgate
		 cc:
		 Subject: Click Paper Approvals, 04-18-01

Please see attached.

Aparna Rajaram
Ph: (713) 345-4563
Fax: (713) 853-9476
Aparna.Rajaram@enron.com


Content-Transfer-Encoding: quoted-printable
Date: Tue, 24 Apr 2001 10:19:24 -0500
From: "Tracey Bradley" <tbradley@bracepatt.com>
To: "Justin Long" <jlong@bracepatt.com>, "Paul Fox" <pfox@bracepatt.com>
Cc: "Aryeh Fishman" <afishman@bracepatt.com>, "Andrea Settanni"
<asettanni@bracepatt.com>, "Charles Shoneman" <cshoneman@bracepatt.com>, "Dan
Watkiss" <dwatkiss@bracepatt.com>, "Kimberly Curry" <kcurry@bracepatt.com>,
"Ronald Carroll" <rcarroll@bracepatt.com>, "Randall Rich"
<rrich@bracepatt.com>
Subject: Reuters - Calif. bill would penalize energy price gougers
Mime-Version: 1.0
Content-Type: text/plain; charset=ISO-8859-1
Content-Disposition: inline

FYI

Calif. bill would penalize energy price gougers

------------------------------------------------------------------------------
--
SAN FRANCISCO, April 23 (Reuters) - California legislators could be handed a
bill this week that, if approved, would make it a criminal offense for anyone
caught price gouging in the state's volatile energy market, a legislative
source told Reuters.

"We are right now waiting on final language for a bill that would propose
putting penalties on energy companies which have engaged in price gouging,"
the source said.

He said the bill, likely to be introduced in the Assembly Wednesday, would
seek stiff financial penalties for violators.

It was not yet clear how long it would take for the bill to make its way to
the Assembly floor for debate.

The bill follows a call earlier this month by Lt. Gov. Cruz Bustamante for
laws making it a felony for energy companies "to charge unreasonable and
unjust energy rates".

A spokesman for Bustamante confirmed the proposed legislation would address
California's soaring natural gas prices, more than quadruple what they were a
year ago and now the highest in the nation, but was unsure when the bill
would go to the Assembly.

High natural gas prices have played a key role in pushing up power prices
because gas-fired turbines are the single biggest source of electricity in
California, providing more than a third of the power used by the state's 34
million residents.

California's power crisis stems from a 1996 deregulation plan that allowed
wholesale prices to soar but capped retail rates. The result has been a
string of rolling blackouts in January and March, rising rates, a spotty
power supply and the bankruptcy of the state's biggest utility.

But a number of state officials believe price gouging and illegal activity
have been behind the sharp rise in power and gas prices in California.

The California Independent System Operator, which operates most of the state
power grid, filed two reports with federal regulators in late March alleging
more than $6 billion in overcharges by wholesale power suppliers over a
10-month period.

The Federal Energy Regulatory Commission, which regulates interstate
electricity and gas sales and transmission, has also accused 13 western power
generators of overcharging California utilities $124 million for wholesale
power in January and February.

FERC ordered $69 million in refunds on power bought in January and $55
million for purchases in February.

Energy companies like Duke Energy , EL Paso Energy Corp. and Dynegy have
repeatedly denied any wrongdoing in California's chaotic wholesale power
market, arguing the prices they charge reflect the underlying cost of power
generation, tight supplies throughout the region, and the high financial risk
of doing business in the state.

Last week, California Attorney General Bill Lockyer asked San Francisco
Superior Court to force power generators Reliant Energy Inc. and Mirant Corp.
to turn over documents subpoenaed in his probe of possible price gouging in
the state after the two firms failed to produce the documents.

Lockyer, who initiated this investigation last August, is also conducting a
similar investigation into whether anti-competitive practices are behind the
rise in gas prices.

It is unknown when that investigation will be completed.

------------------------------------------------------------------------------
--
Copyright , 2001 Reuters Limited.


Thanks--I'll pass that info on to the employment guys.  df

From: Kevin Hyatt/ENRON@enronxgate on 03/23/2001 03:29 PM
To: "Susan Scott (E-mail)" <sscott3@enron.com>@SMTP@enronXgate, Louis
Soldano/ENRON@enronXgate, Drew Fossum/ET&S/Enron@ENRON, Eileen
Kisluk/TRANSREDES@TRANSREDES, Britt Davis/ENRON@enronXgate
cc:

Subject: Need any law help?

A friend of a friend (Petula Workman) is looking for a part time legal
position.
She is a great lawyer -- was on law review, people who worked with her love
her, but she just wants a part time gig since she is a mom with kid
responsibilities.

She wants to work part-time (20-24 hours/week) preferably employment
litigation, but commercial litigation would work too.

If you have need or know of someone who does, let me know and I'll get her
resume for you.

thanks
kevin hyatt


The following are my accomplishments for the first half of 2000:
1.  Texas variances virtually clean through FY 1999
2.  Assisted in the elimination of phase 1and created an alternative process
for client services
3.  Assisted in the development and modification of the PMA report
4.  Successfully implemented teh Denver Region OA process and trained the
denver office on the required procedures
5. Successfully monitored and managed the deferral accounts for several major
customers on the Texas desk

Sorry this is a few days late, I hope I did not forget anything.
PL


zeigheil (sp?), dude.


In my absence on Friday, Dec. 10, please contact Susan Flynn (X30975) with
any questions.  Sara


Yes, We're going home to Omaha tomorrow morning, we'll be back on Monday.
Take care and Happy Easter!


Daren can you please extend Deal #422516 to cover flow  of 9 dec. for
10/6/2000 and extend deal 432556 to cover flow of 44 dec. for 10/19/2000?

Volume Mgmt is trying to clear up these issues.

Thanks
-Jackie-

	Enron North America Corp.

	From:  Victor Lamadrid                           12/15/2000 11:52 AM

To: Jackie Young/HOU/ECT@ECT
cc: Sherlyn Schumack/HOU/ECT@ECT, Daren J Farmer/HOU/ECT@ECT, Rita
Wynne/HOU/ECT@ECT
Subject: Re: Enerfin meter 980439 for 10/00

Jackie, Talk to Darren about this. The deal you reference is an HPL deal with
Dynegy and I don't have access to it. I'm on the East desk. Yesterday I
extended the deal 421415 for the 6th and 19th and Meredith inserted a path in
Unify - TETCO  to cover the small overflow volume between HPL and ENA. The
ENA/HPL piece is done. The piece between HPL and Dynegy is what you need
inserted.THANKS

Jackie Young
12/15/2000 11:32 AM
To: Sherlyn Schumack/HOU/ECT@ECT
cc: Victor Lamadrid/HOU/ECT@ECT
Subject: Re: Enerfin meter 980439 for 10/00

Sherlyn, I've placed the correct volumes for days 6 and 9 for ENA.  I'll have
the deal extended for Dynegy and let you know when it's done.

Victor, can you extend the deal 422516 for days 6 and 9 please?  Thanks.  Oh
and by the way, I had mistaken you for someone else when I sent you the
e-mail on yesterday.  Sorry.  I thought that I knew you.  Anyway, please
advise when you've extended the deal so that Sherlyn can create an accounting
arrangement.

Thanks
-Jackie-
3-9497

To: Jackie Young/HOU/ECT@ECT
cc: Rita Wynne/HOU/ECT@ECT
Subject: Re: Enerfin meter 980439 for 10/00

I don't want to tell you to add any contracts, because I am not sure about
that.   I am just saying if you look at Ray's schedule there are 2 deals out
there, one is a purchase from ENA and the other a purchase from Dynegy.  The
track id I gave you was for ENA.   You  cannot allocate the Dynegy piece
until I give you a track id.   I cannot give you a track id until the deal is
extended for days 10/6 and 10/19.

Jackie Young
12/15/2000 10:51 AM
To: Sherlyn Schumack/HOU/ECT@ECT
cc:
Subject: Re: Enerfin meter 980439 for 10/00

Arre you saying that for both days that two (2) ENA contracts should be
placed at the meter for days 6 and 19 and then allocating half of the the
total volume to each contract?

To: Jackie Young/HOU/ECT@ECT
cc: Rita Wynne/HOU/ECT@ECT
Subject: Re: Enerfin meter 980439 for 10/00

Jackie,
You did not allocate this according to Ray's schedule.  The track id I gave
you was only for the purchase from ENA.   You need to extend the deal for the
purchase from Dynegy.   You put all of the volume on these 2 days on ENA,
that is not what is on Ray's schedule, so we are still out on the
interconnect report.

Jackie Young
12/15/2000 10:30 AM
To: Sherlyn Schumack/HOU/ECT@ECT
cc: Alfonso Trabulsi/HOU/ECT@ECT, Rita Wynne/HOU/ECT@ECT, Gregg
Lenart/HOU/ECT@ECT
Subject: Re: Enerfin meter 980439 for 10/00

Accounting arrangement has been placed.  Meter has been reallocated.

Thanks and let me know if you need anything else.

-Jackie-
3-9497

	From:  Sherlyn Schumack                           12/15/2000 10:00 AM

To: Jackie Young/HOU/ECT@ECT, Alfonso Trabulsi/HOU/ECT@ECT
cc: Rita Wynne/HOU/ECT@ECT, Gregg Lenart/HOU/ECT@ECT
Subject: Enerfin meter 980439 for 10/00

Jackie,

Your allocation is correct with the exception of days 10/6 and 10/19 where
strangers gas is allocated.    I have created an accounting arrangement for
these days and the new track id for ENA is 240384.  Please allocate the ENA
portion according to Rays schedule for these 2 days.    Deal 422516 (Purchase
from Dynegy) needs to be extended for these 2 days so I can do an accounting
arrangement.   Alfonso  I need for you to allocate your meter daily, because
we have tiered pricing this month.

Thanks.


---------------------- Forwarded by Kay Mann/Corp/Enron on 09/26/2000 08:10
AM ---------------------------

Ben F Jacoby@ECT
09/25/2000 07:37 PM
Sent by: Ben Jacoby@ECT
To: Lisa Bills/Corp/Enron@ENRON
cc: Kay Mann/Corp/Enron@Enron, Christopher F Calger/PDX/ECT@ECT, Janet R
Dietrich/HOU/ECT@ECT, Bill Williams/PDX/ECT@ECT

Subject: Re: Pleasanton (ENA SFO project)

Lisa:

I don't have a problem with this to the extent Chris Calger has approved the
expenditure which I would guess would be approximately $500k. If these guys
are simply trying to execute a purchase option while they try to firm up
their deal, they should probably do it as a stand alone agreement (since we
don't need to involve WestLB in purchase options).

In any case, the key point here is Chris' approval of what is probably around
a $500k expenditure (of course, the option should only be for around 10% of
this amount). We don't need to worry about WestLB fees, etc., since this is
an ENA (West) Originations prospective deal.

Regards,

Ben

	From:  Lisa Bills @ ENRON                           09/25/2000 07:16 PM

To: Ben Jacoby/HOU/ECT@ECT
cc: Kay Mann/Corp/Enron@Enron
Subject: Pleasanton (ENA SFO project)

Ben, given that they want to use the existing LM6000 contract for the GSU
change order, I wanted to know if you were okay with this interaction with
GE.  Also, by using the existing LM6000 contract, they will be using up
capacity available for other LM6000 related equipment.  Are you okay with
this, i.e., you believe there is capacity available for them, and any
suggestions on how you would like to see them pay for the usage since the
LM600s have already paid the upfront structuring fee and ongoing commitment
fees.

Please call to discuss.
Lisa
---------------------- Forwarded by Lisa Bills/Corp/Enron on 09/25/2000 07:12
PM ---------------------------

Bill Williams@ECT
09/25/2000 06:22 PM
To: Lisa Bills/Corp/Enron@ENRON
cc: Don Hammond/PDX/ECT@ECT, Mark Fillinger/SF/ECT@ECT, Dean
Russell/SF/ECT@ECT, David Parquet/SF/ECT@ECT, Dale Rasmussen/HOU/ECT@ECT

Subject: Pleasanton (ENA SFO project)

Hello Lisa
I wanted to contact you to let you know that we (ENA West) are attemtping to
help the ENA San Francisco guys locate a Generator Step Up Transformer for
the Pleasanton project.  ENA is responsible to bring an LM6000 and GSU to the
project.  We cannot use one of the ABB transformers (Don Hammond checked with
ABB, and the as built configuration simply cannot be used or changed to meet
the needs of ENA SFO's application.  As such, we have had to go out and find
a GSU.  The good news is we have found one through GE.  It will meet SFO's
delivery schedule.  We have not received a quote, nor have we signed anything
(but we want to ASAP).  In talking to Dale Rasmussen, I understand we would
need to purchase this major component through a West LB structure.  GE
prefers to sell us the GSU through ENA's existing contract with GE.  As such,
I am asking what steps you (or Kay) would like us to take in setting up a
purchase option (or whatever is the correct noun name for reserving, buying a
needed GSU in a timely manner).

This e mail is meant to be a starting point in dialog.  Please contact me on
Tuesday to discuss whatever is necessary.

Thanks.

Bill Williams
ENA Portland
503-464-8958


In reference to Steve Kean and Cindy Olson's previous memo on the PRC,
one-hour classes for preparing and communicating performance feedback have
been scheduled.  If you would like to learn how to present feedback in an
effective and positive manner, please feel free to attend any of the
following classes:

Tuesday January 2 8:30 am to 9:30 am Room 49C4
    1:30 pm to 2:30 pm Room 49C4

Wednesday January 3 8:30 am to 9:30 am Room 20C2
    1:30 pm to 2:30 pm Room 20C2

Monday January 8 8:30 am to 9:30 pm Room 49C1
    1:30 am to 2:30 pm Room 20C2

Tuesday January 9 8:30 am to 9:30 am Room 49C4

Wednesday  January 10 8:30 am to 9:30 am Room 49C3
    1:30 pm to 2:30 pm Room 49C3

Thursday January 11 8:30 am to 9:30 am Room 49C4

NOTE:  Notification of attendance is not necessary.


Please ensure that no new matters are referred to Blakes without speaking to
me or Mark Haedicke first.


broncos just need to keep griese out of the french quarter on saturday night


Elliot,

Total annual MWh's is approximately 8,800.

Richard

 -----Original Message-----
From: 	Mainzer, Elliot
Sent:	Monday, October 29, 2001 11:27 AM
To:	Ring, Richard
Subject:	FW: Refresh pricing

I think we should keep the $6.00 offers. Natsource can get us done at $5.00 Do you remember what the total volumes are for this deal?

 -----Original Message-----
From: 	Quigley, Kay
Sent:	Monday, October 29, 2001 9:23 AM
To:	Ring, Richard; Mainzer, Elliot
Subject:	Refresh pricing

Kinko's wants their pricing refreshed for their Reliant and TXU sites only.
I need to know the fixed $MWh price if we assume a 50% renewable product in TXU
and a 100% renewable product in Reliant's service area.
I am trying to fill out the attached template that Larry sent to me with my gen only price refreshed,
some Price to beat estimates I ran for him and your new renewable power quotes.
Thanks
Kay
 << File: Price Offer Template-kinko's.xls >>


Attached is a short note from Harry K. on the proposed decisions.  Final
decision next week.  Good news in that not all surcharge was put on Summer
On-peak.

Will keep you informed of final decision.

Jim

---------------------- Forwarded by James D Steffes/NA/Enron on 05/11/2001
07:59 AM ---------------------------
From: Harry Kingerski on 05/10/2001 02:31 PM
To: Harry Kingerski/NA/Enron@Enron
cc: Diann Huddleson/HOU/EES@EES, Don Black/HOU/EES@EES, James D
Steffes/NA/Enron@ENRON, James W Lewis/HOU/EES@EES, Jeff
Dasovich/NA/Enron@ENRON, jklauber@llgm.com, Leslie Lawner/NA/Enron@ENRON,
Marcus Dotson/HOU/EES@EES, Mike D Smith/HOU/EES@EES, Paul
Kaufman/Enron@EnronXGate, Richard Shapiro/NA/Enron@ENRON, Robert
Neustaedter/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sandra
McCubbin/NA/Enron@ENRON, Scott Stoness/HOU/EES@EES, Susan J
Mara/NA/Enron@ENRON, Vicki Sharp/HOU/EES@EES, Wanda Curry/HOU/EES@EES

Subject: Re: Rate design for 3 cent Rate increase for PGE/SCE

CORRECTION - last line, Monday, May 14

	Harry Kingerski
	05/10/2001 01:16 PM

		 To: Wanda Curry/HOU/EES, James W Lewis/HOU/EES, Mike D Smith/HOU/EES, Don
Black/HOU/EES, Scott Stoness/HOU/EES, Diann Huddleson/HOU/EES,
jklauber@llgm.com, Vicki Sharp/HOU/EES, Marcus Dotson/HOU/EES
		 cc: James D Steffes/NA/Enron@Enron, Leslie Lawner/NA/Enron@Enron, Susan J
Mara/NA/Enron@ENRON, Jeff Dasovich/NA/Enron@Enron, Sandra
McCubbin/NA/Enron@Enron, Paul Kaufman/Enron@EnronXGate, Robert
Neustaedter/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Richard
Shapiro/NA/Enron@Enron
		 Subject: Rate design for 3 cent Rate increase for PGE/SCE

2 proposed decisions were released last night by the California PUC - one by
the Judge and one by Chairman Lynch.

Direct access customers are exempt from the surcharge.
Each customer class is allocated an equal 3 cents, plus an amount to cover
the shortfall from having residential usage up to 130% of baseline exempt
from the surcharge (as required by law).  Each decision allocates a
substantial portion of the subsidy to non-residential classes, although Lynch
does this to a lesser extent
The new rates become effective June 1, and the shortfall from the actual
effective date of the increase, March 27, through June 1 will be amortized
over 12 months.
Residential rate design - 5 tiers will be put in place; the 5th tier (300+%
of baseline) gets a 35 cent per kwh rate
Non-residential rate design - recommendations to put all of the increase into
summer on-peak were rejected.  About 60% of increase put into summer.
Real Time Pricing was endorsed - will further explore in workshops starting
later in May.  Voluntary program will be started.
In a vindictive outlash, Lynch decision requires federal facilities to pay
market prices under new schedules to be developed by the utilities
Judge's decision seems to require surcharge to show up as a separate line
item; Lynch's decision requires that it not be shown separately

Oral argument occurs Friday and final decision is expected to be voted out
Monday, June 14.


----- Forwarded by Jeff Dasovich/NA/Enron on 10/16/2000 08:53 PM -----

	Jeff Dasovich
	Sent by: Jeff Dasovich
	10/16/2000 07:54 PM

		 To: skean@enronl.com, Richard Shapiro/NA/Enron@Enron, James D
Steffes/NA/Enron@Enron, mpalmer@enron.com, Karen Denne/Corp/Enron@ENRON, Paul
Kaufman/PDX/ECT@ECT, Tim Belden/HOU/ECT@ECT, Robert Badeer/HOU/ECT@ECT, Susan
J Mara/SFO/EES@EES, Mona L Petrochko/SFO/EES@EES, Sandra
McCubbin/SFO/EES@EES, Mary Hain/HOU/ECT@ECT, Joe Hartsoe/Corp/Enron@ENRON,
Sarah Novosel/Corp/Enron@ENRON
		 cc:
		 Subject: ENA Successful in ISO Auction

In case word hasn't gotten around, ENA learned COB Friday, that it has been
chosen to engage in further negotiations with the ISO for about 450 MWs of
projects.  The preliminary award is based on ENA's response to the RFQ that
the ISO issued last month for "emergency resources."


New and hopefully improved version, changing confidentiality and the
statement in the term sheet on structure.

Kay


Here's our best estimate.  Please let me know if you have questions.

 -----Original Message-----
From: 	Schwarzbach, Stephen
Sent:	Tuesday, October 02, 2001 9:51 AM
To:	Geaccone, Tracy; Tran, Agatha; Killen, Faith; Lee, Dana; Smith, Stephanie; Davis, Rachel A.; Vargas, Hope; Evans, Stephen; Sparger, Bob; Smith, Jeff E.; Myers, Thomas; Ueckert, Allen W.; Copeland, Erin; Selzer, Howard; Boyd, Mike; Smith, Kirk; Roper, Kerry; Galvan, Michael S.; Wood, Stephen; West, Terry
Cc:	Lindsey, Mark E.
Subject:	REQUEST - 2001 Operating Expenses - High Priority

Hello everyone.  I know that most, if not all, of you are busy with quarter close, 2002 Plan, and possibly Board of Directors presentations and that this is not the ideal time to have more added to your plate.  However, in conjunction to with setting the 2002 Plan targets, the Office of the Chairman has asked to see an analysis of 2001 operating expenses by business unit, with some level of detail, and with quick turnaround.

To that end, and to expedite this request in an efficient manner (and hopefuly save you some work), corporate accounting has already prepared a summary of operating expenses by business unit by category for the eight months ended August 31, 2001.  These categories correlate very closely with the most often used accounts in SAP (cost element groups), i.e. salaries, benefits, outside services, etc.  This information ties to your rollup in CS.  Some categories have many accounts mapped to them, and we have provided the mapping employed by corporate for you to follow (column AO).

What we are asking you to do is as follows:

1. Review the attached schedule for the eight months ended 8/31/2001 (first sheet - Expenses-YTD August 2001).  Corporate has highlighted, in yellow, various amounts that warrant some additional explanation.  Please provide an explanation for these highlighted amounts.  You may do so in any format you choose (at the bottom with a footnote, additional schedule, etc.).

2. As you may remember doing earlier this year with the 2001 Plan, please take your total expenses YTD 8/31/01 and categorize them by function.  We have provided a list of the most common functions in this file, but if you need to add functions for clarity, please do so.  Corporate gave thought to using the SAP alternate hierarchies to do this, but concluded that each BU should have input on this as you will know the most appropriate hierarchies to use and any other adjustments to make, if needed.

3. Considering what has been incurred through August and what the remainder of the year holds for your BU, please project your total 2001 operating expenses by both category and by function.  Please fill in the second sheet in the file (Expenses-Sep-Dec 2001) with your projections and review the totals sheet (Total Year Estimate).

Keep in mind that this exercise is meant to be your best estimate at this time of these items, given the quick turnaround time, and not an exhaustive project. We realize that this is the best estimate at this time and understand that these numbers may change for a variety of reasons.

If you have any questions, please call me at x33341 or Terry West at x36910.

And finally, this needs to be completed and returned to me by 1:00pm this Wednesday, October 3.

Thank you,
Steve

 << File: Aug 2001 G&A est.xls >>


--------- Inline attachment follows ---------

From:  <pels@sequentenergy.com>
To: Robert Foss <rfoss@aglresources.com>, Wayne Rutledge <wrutledg@aglresources.com>, Brad Freeman <bfreeman@sequentenergy.com>, Dana Grams <dgrams@sequentenergy.com>, Gregory Schockling <gschockl@sequentenergy.com>, John Hodge <jwhodge@sequentenergy.com>, Lance Roth <lroth@sequentenergy.com>, Marvin Plander <mplander@sequentenergy.com>, Steven Gillespie <sgillesp@sequentenergy.com>, Tammi Depaolis <tdepaolis@sequentenergy.com>, Todd Sattler <tsattler@sequentenergy.com>
Date: Monday, June 10, 2002 10:08:51 GMT
Subject:

Paige Els
Gas Scheduler
Sequent Energy Management
Office Phone:  832-397-1724
Cell Phone:  713-560-1527
pels@sequentenergy.com <mailto:pels@sequentenergy.com>

--------- Inline attachment follows ---------

From:  <kyle.m.cooper@citigroup.com>
Date: Monday, June 10, 2002 7:25:39 GMT
Subject:


Attached please find this weeks summary of the most  recent AGA working gas storage data.

Thanks,
Mark
 - 10-24-01 AGA.doc


Yes

 -----Original Message-----
From: 	Armstrong, Julie
Sent:	Monday, October 08, 2001 4:50 PM
To:	McCarty, Danny
Subject:	FW: Agenda: Transwestern Pipeline Company 2001 Customer Update

Danny:
You have been invited to attend the TW meeting at South Shore Harbour on November 8-9th.  You have conflict on November 8th from 3-5, Review with Ken Lay otherwise you are free.  Please advise if you want to attend.

 -----Original Message-----
From: 	Garcia, Ava
Sent:	Thursday, October 04, 2001 5:17 PM
To:	Watson, Kimberly; Blair, Lynn; Anderson, Gary E.; Dietz, Rick; Corman, Shelley; Scott, Donna; Donoho, Lindy; Holmes, Bradley; January, Steven; Lindberg, Lorraine; Lohman, TK; Lokay, Michelle; Schoolcraft, Darrell; Buchanan, John; Kowalke, Terry; McCarty, Danny; Armstrong, Julie; Adele Zuroff; Amy Gold; Becky Wells; Beth Dahncke; Bill Lyons; Bob Mattice; Bob Woody; Brad Brigham; Candace Karpakis; Carla Johnson; Cathy Bulf; Charles Hough; Cheri Weyman; Chris Kim; Chuck Thompson; Cindy Doeschot; Cindy White; Corky Briscoe; Corny Boersma; Craig Carley; Craig Lipke; Dabid Taylor; Darla Hogan; Darren Brown; David Lanning; Dawnell Pace; Debbie Fortman; Dennis Boucher; Diana Dechilly; Diane Dluhos; Doug Allen; Ed Meaders; Elsa Johnson; Elsa Johnston; Evans, Ted; Gary Raines; Gina Schwartz; Grace Elkassed; Henry Robledo; J.H. Cathey; Jaime Ford; James Tabacco; Jan Joniker; Janette Arreguin; Jason Kelm; Jay Glaubitz; Jeff Goforth; Jeramy Gaskins; Jill Roberson; Jim Vallillo; Jim Wade; Jody Oberman; Joe Cammarano; John cogan; John Lopez; Jorge Rojas; Josh Chapa; Julia Clevenger; Julie Burton; Julie Reames; Karen Dopson; Karen Swett; Kathy Royal; Kenny Holdridge; Kevin Foley; Kirk Ketcherside; Kristi Birdsall; Lad Lorenz; Larry Black; Larry Kelly; Leane Catron; Linda Miller; Lindsay McMurray; Mark Fenton; Mark Harmon; Mark Kraus; Maryanne Schneider; MaryKay Olson; Mat Martindale; Mike Davis; Mike Keen; Mike Odonnell; Miller, Stephanie; Natalie Curtis; Nick Thomas; Pam Steigerwald; Pat Davidson; Patrick Abercrombie; Patti Sullivan; Pauline Wah; Penny Barry; Phil Richarson; Rex Bigler; Rich Hall; Richard Moore; Rick Monccleg; Rick Wadle; Rob Cooper; Ron Youell; Russ Boone; Sally Prentice; Sandy Hawk; Sara Davis; Scott Harrison; Scott Walker; Sean Breen; Sharon Park; Sheryl Moronas; Sissy Jenkins; Stacey Pogue; Stepanie Katz; Susan Coppock; Susan Jones; Suzie Horton; Teresa Murray; Terri Dickers; Terry Reyna; Theresa Cline; Thompson; Tim Wickersham; Tom Carlson; Tom Simpson; Tommy Thompson; Van Johnson; Veronica Esparza; Waymon Pon; Wayne Hawkins; Will Van Der Boom; Williams; Giambrone, Laura; Hernandez, Bert; McEvoy, Christine; Miller, Chris L; Minter, Tracy; Mulligan, Amy; Ward, Linda
Subject:	Agenda: Transwestern Pipeline Company 2001 Customer Update

 << File: TranswesternMtg2001.doc >>


Jeff,
You got a call (and probably a voicemail as well) from Michelle @ Cisco
Systems -- re: a letter to John Chambers from Ken Lay letter regarding
attendance of an event at Sun in Santa Clara tomorrow from 8 to 9 am....??

Could you call her please @ 408.853.5138.

Thanks,
Joseph


In response to your Revised Cutter Oil contract:

1.   Ok
2.    What is the arrangement if not 100%?
3.   I suggest ,  30 days notice /  two business day notice for seller, as
they must give some notice.
4.   Can you negotiate $.05 for damages?

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


CALENDAR ENTRY:	APPOINTMENT

Description:
	Manuel Schedule Mtg. conference room EB4194 Ava-35842

Date:		10/4/2001
Time:		2:30 PM - 3:30 PM (Central Standard Time)

Chairperson:	Outlook Migration Team

Detailed Description:


I talked to Susan Helton yesterday and she is still trying to track down the rent.  She said she isn't seeing it on a "paid invoices" list so she's still trying to get it resolved.  She said it would probably be after Jan. 2nd since so many people are out of the office until then.

I haven't seen Todd or Wayne and I didn't see an invoice on my desk from them.

-----Original Message-----
From: Whitt, Mark
Sent: Thursday, December 27, 2001 6:26 AM
To: Staab, Theresa
Subject: Rent Check

Have you heard anything about the rent check?  Let me know if you do not get an invoice from Todd for the remaining construction work.

Thanks


Attached is a memo to ESA employees that Diomedes and I have been working
on.  I don't think there will be any concerns except for the section in
bold.  It does admit that we are looking at the potential sale of some
assets, although the message is softened up quite a bit.  Will it cause
widespread panic or live up to our vision and values that communication is
good.  Please review and comment ASAP.  This memo will be the basis for
preparing Jim to go on e-speak, although we will NOT specifically address the
potential asset sale issue there except in an answer to a question.


Kay,

I got your voice mail and I'm glad the plant was pretty.  It is Mat Gimble's favorite florist.  Hope you are doing well, although I know what a total mental strain a parent's death can put on you.  I'm very sorry you and your family had to go through this.

I had to go to Waco yesterday for a stepbrother's funeral.   He was 47 and had a very aggressive form of cancer that began with a lump on his neck last January.  I'm very glad I went and it was one of the most positive funerals I have ever attended.  They had the burial first and a celebration of his life at the church after (lots of music as he and his family all have beautiful voices).

Attached is a Statutory Power of Attorney I got from my old law firm today (let me know if you want any changes made).  It is my favorite form because the powers are both specific and broad.  Should your mother want to limit any of the powers, she simply needs to line through them.  I will be happy to notarize her signature if you want me to.  The following is sort a "trick question" in the instrument:

CHOOSE ONE OF THE FOLLOWING ALTERNATIVES BY CROSSING OUT THE ALTERNATIVE NOT CHOSEN:
(A)	This power of attorney is not affected by my subsequent disability or incapacity.
(B)	This power of attorney becomes effective upon my disability or incapacity.
YOU SHOULD CHOOSE ALTERNATIVE (A) IF THIS POWER OF ATTORNEY IS TO BECOME EFFECTIVE ON THE DATE IT IS EXECUTED.
IF NEITHER (A) NOR (B) IS CROSSED OUT, IT WILL BE ASSUMED THAT YOU CHOSE ALTERNATIVE (A).

For obvious reasons, your mother should cross through (B) or not cross through either.


Lindholm Oil , Inc.  6575   500 MMbtu/d   100% Gas Daily less $.15

I will create a committed reserves ticket for the remaining term of the deal
once our geologists have gathered enough data to forecast the reserves of
this well, at such time, we will request that this ticket be zeroed out.

Please supply the sitara number once entered.  If you have any questions,
please give me a call.

Susan x 33321

---------------------- Forwarded by Susan Smith/HOU/ECT on 02/14/2000 03:25
PM ---------------------------

Vance L Taylor
02/08/2000 09:31 AM
To: Tom Acton/Corp/Enron@ENRON
cc: Bryan Hull/HOU/ECT@ECT, Daren J Farmer/HOU/ECT@ECT, Julie
Meyers/HOU/ECT@ECT, Susan Smith/HOU/ECT@ECT, Donald P Reinhardt/HOU/ECT@ECT,
Melissa Graves/HOU/ECT@ECT
Subject: Union Gas - Doehrman #1

Tom,

The Doehrman #1 well came on line for first delivery on Monday, 2/7/00 at
11:45am.  The contract calls for intra-month pricing for deliveries that
commence after the first day of the month.  Please create a one month
baseload firm deal ticket for the remaining days of the month based on the
following information:

Counterparty    Meter   Volume   Price

Union Gas Operating Company  9825   500mmbtu/d   100% Gas Daily less $0.10

Susan will create a committed reserves firm ticket for the remaining term of
the deal once our geologists have gathered enough data to forecast the
reserves of this well; at such time, we will request that this ticket be
zeroed out.

If you have any questions or concerns, please give me a call.

Thanks,

vlt
x3-6353


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---------------------- Forwarded by Benjamin Rogers/HOU/ECT on 09/14/2000
02:57 PM ---------------------------

"Mike Gioffre" <dgioffre@hotmail.com> on 09/11/2000 05:08:19 AM
To: dmears8894@aol.com, reedbohner@aol.com, jpgiles@hotmail.com,
tom.giles@mail.house.gov, aukhound@aol.com, collins@archmereacademy.com,
wdonato@safegardgroup.com, bhickey@cmiprint.com, miorii@aol.com,
dcatalina@juniper.com, fatpatde@aol.com, rbeste1301@aol.com,
dhannum@philipinc.com, gioffrebnftsrvcs@cs.com, wgioffre@aol.com,
jasgioffre@aol.com, chris.hannum@ssmgroup.com, dhannum@earthlink.net,
gioffrem@aeltus.com, dgioffre@hotmail.com, sjs1516@earthlink.com,
dukern8@gateway.net, jim.rogers@libnet.com, cdolan@above.net, sncd@erols.com,
mdorgan@celestica.com, thdiaman@sordoni.com, benjamin.rogers@enron.com,
jpenney@hollandlessard.com, michelle.sautter@ibx.com, jverre99@hotmail.com,
lconte@hearst.com, elizabeth.sprich@marriott.com, clukawski@hitt-gc.com,
pfarinas@TVSA.com
cc:
Subject:

 > > This guy walks into a bar and two steps in, realizes it's a gay

 > > > >>>>bar but

 > > > >>>> > >decides, "What the heck, I really want a drink."

 > > > >>>> > >

 > > > >>>> > >When the gay waiter approaches he says to the customer,

 >"What's

 > > > the

 > > > >>>>name

 > > > >>>> > >of your penis?"

 > > > >>>> > >

 > > > >>>> > >The customer says, "Look, I'm not into any of that. All I
want

 >is

 > > > a

 > > > >>>> > >drink."

 > > > >>>> > >

 > > > >>>> > >The gay waiter says, "I'm sorry but I can't serve you until

 >you

 > > > tell

 > > > >>>>me

 > > > >>>> > >the name of your penis. Mine for instance is called Nike, for

 >the

 > > > >>>>slogan;

 > > > >>>> > >'Just Do It.' That guy down at the end of the bar calls his

 > > > >>>>Snickers,

 > > > >>>> > >because;

 > > > >>>> > > >'It really Satisfies.'"

 > > > >>>> > >

 > > > >>>> > >The customer looks dumbfounded so the bartender tells him he

 >will

 > > > >>>>give

 > > > >>>>him

 > > > >>>> > >a second to think it over.

 > > > >>>> > >

 > > > >>>> > >So the customer turns to the man sitting to his left who is

 > > > sipping

 > > > >>>>on a

 > > > >>>> > >beer and asks, "Hey bud, what's the name of your penis?"

 > > > >>>> > >

 > > > >>>> > >The man looks back with A smile and says, "TIMEX."

 > > > >>>> > >

 > > > >>>> > >The thirsty customer asks, "Why Timex?"

 > > > >>>> > >

 > > > >>>> > >The fella proudly replies, "Cause it takes a lickin' and
keeps

 >on

 > > > >>>> > >tickin!"

 > > > >>>> > >

 > > > >>>> > >A little shaken, the customer turns to the fella on his right

 > > > who's

 > > > >>>> > >sipping on a fruity margarita. "So, what do you call your

 >penis?"

 > > > >>>> > >

 > > > >>>> > >The man proudly exclaims, "FORD, because quality is Job1." He

 >then

 > > > >>>>adds,

 > > > >>>> > >"Have you driven a Ford, lately?"

 > > > >>>> > >

 > > > >>>> > >Even more shaken, the customer has to think for a moment

 >before

 >he

 > > > >>>>comes

 > > > >>>> > >up with a name for his penis. He turns to the bartender and

 > > > >>>>exclaims,

 > > > >>>>"The

 > > > >>>> > >name of my penis is Secret. Now give me my beer."

 > > > >>>> > >

 > > > >>>> > >The bartender begins to pour the customer a beer, but with a

 > > > puzzled

 > > > >>>>look

 > > > >>>> > >asks, "Why secret?"

 > > > >>>> > >

 > > > >>>> > >The customer replies, "Because it's STRONG ENOUGH FOR A MAN

 >BUT

 > > > MADE

 > > > >>>>FOR

 > > > >>>>A

 > > > >>>> > >WOMAN!"

 > >

 > >

 >

__________________________________________________________

Get your FREE personalized e-mail at http://www.canada.com

------- End of forwarded message -------

__________________________________________________________
Get your FREE personalized e-mail at http://www.canada.com

_________________________________________________________________________
Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com.

Share information about yourself, create your own public profile at
http://profiles.msn.com.


yes.  That's okay.
Carol


Please see attached Microsoft Word file for  Kudlow's latest commentary.

 - kudlow 092001.doc


I can receive attachments on my hotmail address.  I can't get on Juno. Send
me one and see if I get it. Send my wild thing.  And send me something of
Jake.  And please let me know if everything is ok with Jake. Love ya, Ma
______________________________________________________
Get Your Private, Free Email at http://www.hotmail.com


FYI
---------------------- Forwarded by Leonardo Pacheco/Corp/Enron on 04/27/2000
12:36 PM ---------------------------

Leonardo Pacheco
04/27/2000 01:07 PM
To: Jay Hawthorn/Enron Communications@Enron Communications, Tom
Moran/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Rudi Zipter/HOU/ECT@ECT, Jeff
Blumenthal/HOU/ECT@ECT
cc: David Forster/Corp/Enron@Enron, Dale Neuner/HOU/ECT@ECT, Cynthia
Harkness/Enron Communications@Enron Communications

Subject: Bandwidth Products On EnronOnline. (Revised)

Please note that we have added another product type (bringing the total
number to three)!.
We have built three new Products Types called US Bandwidth DS3 Physical
Forward, US Bandwidth OC3 Physical Forward, and US Bandwidth OC3c Physical
Forward. Please go into DataManager and approve these Product Types (look at
attached Document for long descriptions).  We are going life on the 1st of
May.  If you need help with the approval process contact Dale Neuner (ext.
39746) or myself (ext. 39938). Please Do Not Reject the Product Type. If you
have questions or changes to the Product Type please contact me at your
convenience.

Thank you very much for your co-operation!

Leonardo Pacheco
ext. 39938


For your records.....

I understand there is a movement to elect you interim treasurer for OLDCo.

Congratulations.

 -----Original Message-----
From: 	Sewell, Doug
Sent:	Wednesday, January 09, 2002 10:28 AM
To:	Suarez, John
Cc:	Bentley, Corry
Subject:	FW: Wire Transfer Confirmation

I know you're looking for this.
cheers
 -----Original Message-----
From: 	Hart, Reginald
Sent:	Wednesday, January 09, 2002 10:25 AM
To:	Sewell, Doug; Carson, Mike
Subject:	Wire Transfer Confirmation

30200945359 SAME DAY DR TRANSFER                  237,744.00
            GID:LCT20090891400
            FED20020109B1Q8021C001823
            USER REF:TWS000377903
            REF:      TWS000377903
            ORDER:    ENA CASH SERVICES
            CR BK ID: 021000021
            CR BK:    JPMORGAN CHASE BANK FORMERLY CHASE
             MANHATTAN BANK,N.A NEW YORK, NY 10004
            BENEF:    323009980 ENTERGY KOCH TRADING LP
            DETAILS:PRE PAY FOR JANUARY POWER
            INSTRUCT DATE:01/09/02 ADVICE TYPE:MAIL


is that a yes

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 10:35 AM
To:	Maggi, Mike
Subject:	RE:

i can't wait to hear those.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 10:35 AM
To:	Nelson, Michelle
Subject:	RE:

i promise if you are serious i will come up with the explanations

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 10:34 AM
To:	Maggi, Mike
Subject:	RE:

i'm supposed to go to ny with your for one day and you haven't given me a reason why or an explanation for anyone.  keep up charlie brown.  and you didn't answer me about hiring someone!  what does that mean?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 10:32 AM
To:	Nelson, Michelle
Subject:	RE:

what do you mean, you are worth it for one day

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 10:29 AM
To:	Maggi, Mike
Subject:	RE:

that's not a good enough reason!  you are worth it for one day!

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 10:28 AM
To:	Nelson, Michelle
Subject:	RE:

because its with me

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 10:28 AM
To:	Maggi, Mike
Subject:	RE:

you tell me why and i will seriously think about it.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 10:27 AM
To:	Nelson, Michelle
Subject:	RE:

i think going to ny is in your best interest

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 10:15 AM
To:	Maggi, Mike
Subject:	RE:

see you cannot be trusted.  and how is that looking out for your best interests?  should you change your thinking sir?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 10:13 AM
To:	Nelson, Michelle
Subject:	RE:

youre right, im sorry, i think i was looking out for me

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 10:10 AM
To:	Maggi, Mike
Subject:	RE:

why would you want to do that?  how is that looking out for me?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 10:10 AM
To:	Nelson, Michelle
Subject:	RE:

i think so

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 10:09 AM
To:	Maggi, Mike
Subject:	RE:

are you trying to get me in trouble charlie brown?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 10:08 AM
To:	Nelson, Michelle
Subject:	RE:

really?

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 10:07 AM
To:	Maggi, Mike
Subject:	RE:

you find me the explanation to all and i will find the day!

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 10:06 AM
To:	Nelson, Michelle
Subject:	RE:

i am serious, you can find one day

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 9:59 AM
To:	Maggi, Mike
Subject:	RE:

are you being serious?  i am not my own boss you forget.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 9:58 AM
To:	Nelson, Michelle
Subject:	RE:

you tell me, my schedule is pretty open

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 9:57 AM
To:	Maggi, Mike
Subject:	RE:

ok when?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 9:54 AM
To:	Nelson, Michelle
Subject:	RE:

cant we just go for one day

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 9:51 AM
To:	Maggi, Mike
Subject:

they are lighting the tree on wednesday in ny!  we are going to miss it.


Are any of you still around?  I need to talk to one of you about this request.

Thanks

 -----Original Message-----
From: 	Trevino, Susan
Sent:	Friday, January 04, 2002 3:58 PM
To:	Wilson, Shona; Abel, Chris; Ayala, Susie
Subject:	FW: new book req

FYI

 -----Original Message-----
From: 	Love, Phillip M.
Sent:	Friday, January 04, 2002 1:24 PM
To:	Keiser, Kam; Trevino, Susan
Cc:	Winfree, O'Neal D.; Giron, Darron C.; McLaughlin Jr., Errol; Palmer, B. Scott
Subject:	RE: new book req

Susan,
attached is a new matrix for each desk.  This should replace the previous matrix you are using.  We are just putting our groups down in the access request list and this should be used to cross reference.  Please let me know if you have any questions.  Thanks.
PL
 << File: desk matrix.xls >>

 -----Original Message-----
From: 	Keiser, Kam
Sent:	Friday, January 04, 2002 1:01 PM
To:	Trevino, Susan
Cc:	Love, Phillip M.; Winfree, O'Neal D.; Giron, Darron C.; McLaughlin Jr., Errol; Palmer, B. Scott
Subject:	new book req

Susan,

These are book requests for the Netco books for all regions.

Please let me know if you have any questions.  We put in some book and portfolio codes we would like if they are available.  If not, please call me.  We need all price, basis, index, and gas daily US books to be the same, all Canadian books to be the same and all physical books to have the same codes please.

Thanks

Kam

 << File: Book Request Form  Financial.xls >>  << File: Book Request Form Central.xls >>  << File: Book Request Form East.xls >>  << File: Book Request Form Texas.xls >>  << File: Book Request Form West.xls >>


---------------------- Forwarded by Jane M Tholt/HOU/ECT on 07/31/2000 01:09
PM ---------------------------

	Enron North America Corp.

	From:  TK Lohman @ ENRON                           07/31/2000 12:46 PM

To: jane.m.tholt@enron.com
cc:
Subject: TW Options customer info

Let me know if you have any questions or concerns about this filing.  TW
plans on filing this with FERC around the end of August.

Thanks,

TK
---------------------- Forwarded by TK Lohman/ET&S/Enron on 07/31/2000 12:46
PM ---------------------------

	From:  Susan Scott                           07/26/2000 10:38 AM

To: Jeffery Fawcett/ET&S/Enron@ENRON, Kevin Hyatt/ET&S/Enron@Enron, Lorraine
Lindberg/ET&S/Enron@ENRON, TK Lohman/ET&S/Enron@ENRON, Michelle
Lokay/ET&S/Enron@Enron, Christine Stokes/ET&S/Enron@ENRON
cc: Steven Harris/ET&S/Enron@ENRON

Subject: TW Options customer info

Here is the revised bullet sheet along with the draft agreement.


Sounds reasonable to me.  I'm afraid the difficult questions are the one you
posed to Peter and whether or not Credit will agree.

Carol St Clair
10/20/99 11:07 AM
To: Mark Taylor/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, Shari
Stack/HOU/ECT@ECT, Marie Heard/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Susan
Bailey/HOU/ECT@ECT, Susan Flynn/HOU/ECT@ECT
cc: Peter Keohane/CAL/ECT@ECT
Subject: Cash Collateral in Canada

I have spoken with Daivd Mitchell about the issue that I raised in my e-mail
yesterday regarding which law would govern the "perfection" of our interest
in cash collateral pledged to Enron North America Corp. by a Canadian
counterparty and held by us in an account in the US.  David confirmed that
while a New York/Texas court should apply US law for perfection purposes,
there is a possibility that a court would say that the law where the pledgor
is located would govern perfection.  Because of this uncertainty and because
of the perfection issues under Canadian law regarding cash collateral, do you
all agree that in our masters involving ENA and a Canadian counterparty that
Cash is not an acceptable form of collateral?

Peter,
As I mentioned to you yesterday, with respect to LC's that are issued for our
benefit, there could be a circumstance where we would draw and hold the cash
as collateral.  In that circumstance, I think we need some guidnace from you
and Stikeman as to what we should be doing to perfect our interest in such
cash.  I would be interested in knowing whether in a bankruptcy context
involving a Canadian counterparty, whether the court would hold that such
cash proceeds are property of the estate.

Let me know what you think.  My assistant is trying to set up a call with
you, me and Shari to go through the other Canadian law issues that I raised
in my e-mail to you yesterday.

Carol