> >
> >
> >There's an old couple, both in their 80's, on a
> >sentimental holiday back to the place where they first
> >met.   They're sitting in a pub when he says to her
> >"Do you remember the first time we had sex together,
> >over fifty years ago? We went behind the bar.  You
> >leaned against the fence and I made love to you from
> >behind."
> >
> > "Yes, she say, "I remember it well."
> >
> >"OK," he says, "How about taking a stroll round there
> >again and we can do it for old times sake?"
> >
> >"Ooh Henry, you devil, that sounds like a good idea",
> >she answers.
> >
> >There's a man sitting at the next table listening to
> >all this, having a chuckle to himself.  He thinks,
> >"I've got to see this, two old timers having sex
> >against a fence.  So he follows them.
> >
> >They walk haltingly along, leaning on each other for
> >support, aided by walking sticks.  Finally they get to
> >the back of the bar and make their way to the fence.
> >The old lady lifts her skirt, takes her knickers down
> >and the old man drops his trousers.  She turns around
> >and as she hangs on to the fence, the old man moves
> >in.  Suddenly they erupt into the most furious sex the
> >watching man has ever seen.  They are bucking and
> >jumping like eighteen-year-olds.  This goes on for
> >about forty minutes.
> >
> >She's yelling "Ohhh God!" He's hanging on to her hips
> >for dear life.  This is the most athletic sex
> >imaginable.  Finally, they both collapse panting on
> >the ground.  The guy watching is amazed.  He thinks he
> >has learned something about life that he didn't know.
> >
> >After about half an hour of lying on the ground
> >recovering, the old couple struggle to their feet and
> >put their clothes back on.  The guy, still watching
> >thinks, 'That is amazing, he was going like a train.
> >I've got to ask him what his secret is.'
> >
> >As the couple pass, the guy says to them, "That was
> >something else, you must have been shagging for about
> >forty minutes.  How do you manage it?  Is there some
> >sort of secret?"
> >
> >"No, there's no secret", the old man says, "except
> >fifty years ago that fucking fence wasn't electric."
>


FYI

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com
----- Forwarded by Sara Shackleton/HOU/ECT on 04/04/2001 08:42 AM -----

	Kaye Ellis
	04/04/2001 08:20 AM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: Reminder of Brokerage Agreements Meeting Tomorrow at 1:30 pm in 38C1

Here is the email I sent out listing when each Brokerage Agreement Meeting
would be held..
----- Forwarded by Kaye Ellis/HOU/ECT on 04/04/2001 08:18 AM -----

	Kaye Ellis
	03/13/2001 03:14 PM

		 To: Cheryl Nelson/NA/Enron@Enron, Samantha Boyd/NA/Enron@Enron, Stephanie
Panus/NA/Enron@Enron
		 cc:
		 Subject: Reminder of Brokerage Agreements Meeting Tomorrow at 1:30 pm in 38C1

----- Forwarded by Kaye Ellis/HOU/ECT on 03/13/2001 03:12 PM -----

	Kaye Ellis
	02/22/2001 11:15 AM

		 To: Cheryl Nelson/NA/Enron@Enron, Samantha Boyd/NA/Enron@Enron, Stephanie
Panus/NA/Enron@Enron
		 cc: Sara Shackleton/HOU/ECT@ECT, Keegan Farrell/NA/Enron@Enron, Holly
Keiser/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 Subject: Brokerage Agreements Meetings

Please put the following dates on your calendar for the Brokerage Agreements
meetings.

Monday, February 26 at 2 pm in 38C1

The following meetings will all be held at 1:30 pm in 38C2:

March 14 March 28
April 11  April 25
May 9  May 23
June 13  June 27
July 11  July 25
August 8 August 22
Sept. 12 Sept. 26
Oct. 10  Oct. 24
Nov. 14  Nov. 28
Dec. 12  Dec. 26

Please let me know if you have any conflicts.

Thanks
Kaye


Hesco is showing a price of $2.85 for tne 29 & 30

Daren J Farmer
11/15/2000 10:33 AM
To: Charlene Richmond/HOU/ECT@ECT
cc:
Subject: Re: Another HESCO Issue

Charlene,

We should not have scheduled any volume for the 29-30th.  No price was
negotiated that I can find. However, since gas did flow, I rolled the last
price on the deal to cover those days.  What price is Hesco showing?

D

Charlene Richmond
11/09/2000 01:37 PM
To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: Re: Another HESCO Issue

Daren would you look at the price for 29 and 30th of March 2000 .  There are
no prices for these days but volume was scheduled for these days.
Thanks
Charlene

Daren J Farmer
11/02/2000 02:59 PM
To: Charlene Richmond/HOU/ECT@ECT
cc:
Subject: Re: Another HESCO Issue

Charlene,

Deal #214948 already had volume and price for the 12th and 13th.  You may
need to have the volumes updated by Volume Management.

I added the 15th and 16th to the deal ticket.

D

Charlene Richmond
11/01/2000 04:02 PM
To: Daren J Farmer/HOU/ECT@ECT, Jennifer Martinez/HOU/ECT@ECT
cc: Kristen J Hanson/HOU/ECT@ECT, Nick Moshou/Corp/Enron@ENRON, Cynthia
Hakemack/HOU/ECT@ECT
Subject: Re: Another HESCO Issue

Help .   Steve Mauch at Hesco is wanting an answer ASAP
---------------------- Forwarded by Charlene Richmond/HOU/ECT on 11/01/2000
03:29 PM ---------------------------

Vance L Taylor
11/01/2000 02:45 PM
To: Charlene Richmond/HOU/ECT@ECT
cc: Julie Meyers/HOU/ECT@ECT
Subject: Re: Another HESCO Issue

Charlene,

This gas purchase is not a part of the wellhead portfolio but is being traded
on the Texas desk.  I would suggest you get with Darren Farmer or someone on
the desk.

Sorry I could not be of more assistance!

vlt
x3-6353

Charlene Richmond
11/01/2000 08:22 AM
To: Julie Meyers/HOU/ECT@ECT, Vance L Taylor/HOU/ECT@ECT
cc:
Subject: Another HESCO Issue

Meter 986725 for March 2000.   Per Hesco both traders are gone at (Hesco and
Enron)  and they (Hesco) were not paid  the correct price  in March on the
days mentioned below. Hesco cannot find where the price for these days were
recorded.  Per Hesco they  were underpaid by $32,101.57.  Hesco is wanting to
come to our office to have a meeting about clearing this up.  It will be nice
if we don't have to meet with them.

Production dates are             Volume                     price they are
looking for
03/12
2,029                            2.65
03/13
2,009                            2.65
03/15
2,022                            2.71
03/16
1,976                            2.72


That sounds good.  We'll see you at 12 on Friday.

 -----Original Message-----
From: 	"Nachawati, Nabil, M" <nnachawa@Central.UH.EDU>@ENRON [mailto:IMCEANOTES-+22Nachawati+2C+20Nabil+2C+20M+22+20+3Cnnachawa+40Central+2EUH+2EEDU+3E+40ENRON@ENRON.com]
Sent:	Wednesday, August 15, 2001 9:58 AM
To:	Perlingiere, Debra
Cc:	Nemec, Gerald
Subject:	RE: Lunch

 Dear Debra and Gerald,

Lunch at 12:00 on Friday would be great. I was thinking that I could pick
you guys up in front of Enron and then we could go to Irmas in downtown(they
have valet parking). It may take a little over an hour to have lunch, so if
your schedules for Friday are too busy, then we can go to Ninfa's or
Treebairds. Looking forward to having lunch.

Best Regards,

Majed Nachawati
-----Original Message-----
From: Debra.Perlingiere@enron.com
To: nnachawa@Central.UH.EDU
Cc: Gerald.Nemec@enron.com
Sent: 8/13/01 11:43 AM
Subject: RE: Lunch

 Friday is good for lunch.  12:00 @ your choice.

    -----Original Message-----
   From:   "Nachawati, Nabil, M" <nnachawa@Central.UH.EDU>@ENRON

[mailto:IMCEANOTES-+22Nachawati+2C+20Nabil+2C+20M+22+20+3Cnnachawa+40Cen
tral+2EUH+2EEDU+3E+40ENRON@ENRON.com]

   Sent:   Sunday, August 12, 2001 9:15 PM
   To:     Perlingiere, Debra
   Subject:  RE: Lunch

    Dear Debra,

   I want you to know that I am truly sorry for not meeting you for
lunch.
   I
   feel so bad. I am in Dallas right now visiting family. I was
   interviewing
   for jobs in Atlanta last weekend. Anyway, I will be back in town on
   Thursday
   of this week. Friday lunch would work great for me, just let me know.
I
   want
   you to fill me in on how you have been.

   Your law clerk,

   Majed Nachawati
   -----Original Message-----
   From: Perlingiere, Debra
   To: nnachawa@Central.UH.EDU
   Sent: 8/8/01 4:44 PM
   Subject: Lunch

    Mr. Nemec and I were wondering when you might make a time available
for
   us in your impressive schedule for LUNCH !!!!!!!!!!!!!!  Any day but
   Thursday  next week is good for me. Take care, let us know.

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

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

**********************************************************************


They're baaaaack.? http://www.cheatsheets.net/tshirt.htm?  For any of you
newer folks who missed all the commotion this Summer, I've  brought back a
new run of the classic "Catwoman" Cheatsheets.net T-shirts.?  If Dominating
Your Friends (and turning a few heads) is what you're all about,  this is
you.? Or maybe you just want a cool shirt.? We did a limited  run so if
you're up for one, follow the link and go for it.? Note the  special year end
pricing.
?
Now for the rankings.? As always, we'll be updating the rankings on  the
website?http://www.cheatsheets.net/ as news  breaks and injury situations
become more clear.? Here's our first cut for  this week:
?
Joe
?
?
?
Quarterbacks:
?

1. Culpepper, Min

2. Warner, StL

3. Garcia, SF

4. Frerotte, Den

5. George, Was

6. Manning, Ind

7. Brooks, NO

8. McNabb, Phi

9. Gannon, Oak

10. Dilfer, Bal

11. Grbac, KC

12. Testaverde, NYJ

13. Brunell, Jac

14. Beuerlein, Car

15. Favre, GB

16. Stewart, Pit

17. Bledsoe, NE

18. Kitna, Sea

19. Johnson, Buf

20. McNair, Ten

21. Collins, NYG

22. Plummer, Ari

23. Batch, Det

24. Fiedler, Mia

25. King, TB

?

Running Backs:

1. Taylor, Jac

2. Davis, Was

3. Anderson, Den

4. Smith, Min

5. Faulk, Stl

6. George, Ten

7. James, Ind

8. Martin, NYJ

9. Wheatley, Oak

10. Garner, SF

11. Lewis, Bal

12. Watters, Sea

13. Dillon, Cin

14. Stewart, Det

15. Green, GB

16. Bettis, Pit

17. Smith, Mia

18. Smith, Dal

19. Dunn, TB

20. Pittman, Ari

21. Barber, NYG

22. Hoover, Car

23. Allen, Chi

24. Prentice, Cle

25. Autry, Phi

26. Richardson, KC

27. Dayne, NYG

28. Faulk, NE

29. Pritchett, Phi

30. Fletcher, SD

31. Bryson, Buf

32. Anderson, NYJ

33. Kaufman, Oak

34. Redmond, NE

35. Holmes, Bal

36. Allen, NO

37. Anders, KC

38. Morris, Buf

39. Crockett, Oak

40. Hicks, Was

41. Morton, NO

42. Holcombe, StL

43. Biakabutuka, Car

44. Huntley, Pit

45. Fazande, SD

?

Wide Receivers:

1. Moss, Min

2. Harrison, Ind

3. Bruce, StL

4. Moulds, Buf

5. Horn, NO

6. Carter, Min

7. Smith, Den

8. Smith, Jac

9. Owens, SF

10. Muhammad, Car

11. Brown, Oak

12. Alexander, KC

13. Toomer, NYG

14. Freeman, GB

15. Connell, Was

16. Holt, StL

17. Ismail, Bal

18. McCaffrey, Den

19. McCardell, Jac

20. Glenn, NE

21. Mason, Ten

22. Schroeder, GB

23. Boston, Ari

24. Chrebet, NYJ

25. Johnson, TB

26. Thrash, Was

27. Ward, Pit

28. Hakim, StL

29. Dawkins, Sea

30. Gadsden, Mia

31. Crowell, Det

32. Conway, SD

33. Johnson, Cle

34. Morton, Det

35. Graham, SD

36. Brown, NE

37. Morris, KC

38. Johnson, Phi

39. Hayes, Car

40. Jurevicius, NYG

41. McKnight, Dal

42. Warrick, Cin

43. Green, TB

44. Moore, Det

45. Rison, Oak

46. Sanders, Ari

47. Jackson, NO

48. Kennison, Chi

49. Mayes, Sea

50. Fryar, Was

?

Tight Ends:

1. Gonzalez, KC

2. Sharpe, Bal

3. Riemersma, Buf

4. Wycheck, Ten

5. Jones, SD

6. Lewis, Phi

7. Alexander, Was

8. Brady, Jac

9. Dudley, Oak

10. Williams, StL

11. Carswell, Den

12. Franks, GB

13. Dilger, Ind

14. Bruener, Pit

15. McWilliams, Min

16. Harris, Dal

17. Fauria, Sea

18. Sloan, Det

19. Pollard, Ind

20. Becht, NYJ

21. Mangum, Car

22. Mitchell, NYG

23. Glover, NO

24. Rutledge, NE

25. Moore, TB

?

Kickers:

1. Stover, Bal

2. Hollis, Jac

3. Elam, Den

4. Vanderjagt, Ind

5. Del Greco, Ten

6. Wilkins, StL

7. Nedney, Car

8. Akers, Phi

9. Mare, Mia

10. Anderson, Min

11. Longwell, GB

12. Janikowski, Oak

13. Grammatica, TB

14. Christie, Buf

15. Hall, NYJ

16. Hanson, Det

17. Peterson, KC

18. Murray, Was

19. Lindell, Sea

20. Brien, NO

21. Vinatieri, NE

22. Richey, SF

23. Brown, Pit

24. Edinger, Chi

25. Daluiso, NYG

?

Defenses:

1. Baltimore

2.  Jacksonville

3. Tennessee

4.  Philadelphia

5. Miami

6. Washington

7. Tampa Bay

8. Oakland

9. New  Orleans

10. New York  Giants

11. Green Bay

12. Detroit

13. Denver

14. New York  Jets

15.  Pittsburgh

16. New  England

17. Carolina

18. Chicago

19. Kansas  City

20. Seattle

21. Buffalo

22. Minnesota

23.  Indianapolis

24. Dallas

25. San  Diego

 To unsubscribe from this group, send an email to:
cheatsheets-unsubscribe@egroups.com


Please find attached my draft summary relative to the above contracts.  Let
me know if you have any corrections.

Mark Haedicke


This is an OK bill.  Not well drafted. It's also overly complicated and
proscriptive.

Deletes the offensive part of ABX 1.
It allows anybody to do whatever they want until June 1 (section 2 d)
On June 1,
  - res and small commercial customers can get in a cue and get DA up to the
# of MWs that are added through load growth. (Section 2 e)
  -- Larger customers would pay an exit fee. (section 2 f)
  -- DA customers would be a entrance fee to return to IOU service (Section 2
g)

There is also a confusing section (2 c) that says a retail customer is only
stuck with CDWR for the proportion of power that CDWR provides.  The way it
reads, if CDWR is providing 40% of the IOUs' power, the retail customer can
get DA for 60% of its load.  I doubt that will fly -- too difficult to keep
track of and ISO will oppose (only one scheduling coordinator/meter)

A conference call and meeting is scheduled with parties tomorrow on this
language.

Will keep you apprised.

Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854
----- Forwarded by Susan J Mara/NA/Enron on 03/01/2001 04:28 PM -----

	Scott Govenar <sgovenar@govadv.com>
	03/01/2001 04:02 PM

		 To: Jim Steffes <james.d.steffes@enron.com>, "Harry.Kingerski@enron.com"
<Harry.Kingerski@enron.com>, Alan Comnes <acomnes@enron.com>, Leslie Lawner
<Leslie.Lawner@enron.com>, John Neslage <john.neslage@enron.com>, Susan J
Mara <smara@enron.com>
		 cc: Jeff Dasovich <jdasovic@enron.com>, Mike Day <MDay@GMSSR.com>, Sandra
McCubbin <Sandra.McCubbin@enron.com>
		 Subject: SBX 27

Attached, please find the proposed amendments to SBX 27 (Bowen) relating
to direct access.  There will be a direct access coalition conference
call tomorrow to discuss current events as well as the new language.

 - SB27Xlanguage.doc


I'm going to have an updated contact list prepared.  Please email me with
your telephone, location, email address, and cell phone number, if desired.

Please let me know who should be added to this list.

If you are receiving this vis a cc, I have your information.

Thanks,

Kay


I just heard from Chris Lue, UBS HR, regarding the UBS New Hire paperwork.  All New Hire paperwork must be completed before 3:00 PM TODAY, Friday, 1/25/02 or UBS will be unable to process your payroll.

These forms were distributed during the HR Benefit meetings held yesterday.  If you were unable to attend these meetings and are unsure about what forms need to be completed, please see either Grace or I ASAP.

Thanks!

Julie Kearney
ENA Human Resources
503) 464-7404
julie.kearney@enron.com


I am not using CQG but I think someone in Canada is using my ID

Chris


We all attended (parts of) a day long event which I believe Vince is hosting
on Wharton and a project they are doing for us, I personally would like to
see the results of that before doing more with Wharton as overall Vince and
Jeff Shankman have Wharton pretty well covered.

Louise

Christie Patrick
05/21/2001 07:01 PM
To: Louise Kitchen/HOU/ECT@ECT, Greg Whalley/HOU/ECT@ECT, Andy
Zipper/Enron@EnronXGate
cc: Jeffrey A Shankman/Enron@EnronXGate, Vince J Kaminski/Enron@EnronXGate,
Mark Palmer/Corp/Enron@ENRON

Subject: Wharton

Guys--

First of all, Louise, I understand we have a baby??  CONGRATULATIONS!!
(details please, at your earliest chance)

Regarding the Wharton e-Business Initiative (see below for one of the many
eMails I've received concerning Enron's participation--link to the referenced
web site for specific agenda; also, I've received several voice messages from
leaders of the effort).  The information below discusses one of the  forums
(coming up 5/31-6/1) that comprise an on-going e-business initiative in which
Enron has invested with Wharton.

 The participants from Wharton include senior level professors; while there
may be some student involvement, the intentional focus is high level
discussion and research endeavors at the professorial level.
Other participants in WeBI are Corporate representatives.  The idea is for
the professors to offer their latest research issues, promote discussions
among the corporate participants to talk through the professors research and
other research in the literature, as well as for the professors to listen for
new areas for which commercial eBusinesses are seeking new research.

Again,  this is intentionally designed as a High Level Professor
participation on the Wharton side, and high level e-Business Corporate
executives on the other side. This is intentionally designed to create a
high-level 'e-think-tank' environment for senior level professors and
corporate executives.

O.K.....have I labored enough to describe what WeBI is all about??

As opposed to the several other efforts Enron University Affairs has to
DIRECTLY increase Enron's favorability and familiarity on campus at levels
above recruiting, but that ultimately trickle down to recruiting, this is
intentionally a research/discussion effort. Clearly, the Enron Brand equity
in dealing with professors is that the professors ultimately incorporate work
from information from the participatory forums into their class teachings,
references, course work, etc.

A few weeks ago, Louise and I breifly chatted about Enron's involvement in
this effort.  Clearly, there is a HUGE interest by the Wharton professors and
other corporate participants involved to have Enron attend and
participate---they quite respectfully call me and eMail me very
frequently.......All of this is very interesting to me and I have shepherded
our minimal involvement-in-fact........ yet the question remains:  is there
someone at Enron, directly involved in Enron's eBusiness initiatives,
interested in jumping into this effort and participating?  Do those of you
involved in these businesses think it worth your time and expense, or the
time and expense of one of your senior (at least Director level) people to
participate?  Would it be viewed, at least at this time,  simply as an "Enron
brain drain" (I've received this realistic and possibly quite legitimate
concern from more than one business person at Enron).

The bottom line is, I'd like to be able to respond intelligently and honestly
to those at Wharton committed to this effort.  I feel more than comfortable
telling Wharton that, at this time, Enron is satisfied to participate in the
WeBI effort largely at the
financial level it has already invested--with the option to participate at
other levels in the future, at Enron's discretion.

ALL comments solicited----

Many thanks!!

--Christie.

---------------------- Forwarded by Christie Patrick/HOU/ECT on 05/21/2001
04:02 PM ---------------------------

HartleyR <HartleyR@wharton.upenn.edu> on 05/21/2001 03:03:44 PM
To: "'Christie_Patrick@enron.com'" <Christie_Patrick@enron.com>
cc:

Subject: ICG/Wharton Forum meeting May 31-June 1

Christie,

Lee Goldring, our new Forum director mentioned that he placed a call to you
to introduce himself and follow up on Enron's representation at the next
meeting.  I'm emailing this information to you to alert you to the situation
since I do not think you would want Enron to go unrepresented at the next
meeting. To date, no one from Enron has registered for the Forum sponsored
Online Conversion Workshop,  the Forum meeting on 5/31 or the Members Only
meeting on 6/1.  Please note that the "From Browsers to Buyers: Online
Conversion Workshop" on May 30th is purely optional in case some folks from
Enron are interested in attending.  Since the Forum is co-sponsoring the
Workshop -- WeBI affiliated registrants will not be charged the $495
registration fee as an added benefit for their sponsorship.

Here are all the relevent links to the Forum agenda and registration sites
for your convenience:

Forum Agenda:  http://webi.wharton.upenn.edu/meetingNotes/m_n_5_01.asp
Forum Registration site: http://ecom.wharton.upenn.edu/conferencereg/Reg.asp

From Browsers to Buyers: Online Conversion Workshop:
http://aresty-direct.wharton.upenn.edu/execed/conversion/index.html

Please let me know if there's anything I can help you with.

Best regards,

Robin

Robin Hartley
Associate Director
Wharton Electronic Business Initiative

University of Pennsylvania
Vance Hall - Room 415
3733 Spruce Street
Philadelphia, PA  19104
tel (215) 898-4158/fax (215) 898-1905
hartleyr@wharton.upenn.edu
http://webi.wharton.upenn.edu


I've left a message with my contact at Vintage.  I haven't heard back yet.  I do know that in Oct and Nov the gath. fee is .0981.

I'll let you know when I find out about Sept.

Thanks,

Susan

 -----Original Message-----
From: 	Curtis, Valerie
Sent:	Monday, October 29, 2001 9:10 AM
To:	Pereira, Susan W.
Subject:	FW: Wire Detail for 10/25/01 wire for  $195,209.95

Good Morning Susan,

Jan Laird with Vintage Gas sent the attached e-mail.  Please review and advise.

Thanks,

Valerie Curtis
Enron Net Works, LLC

 -----Original Message-----
From: 	"Jan Laird" <Jan.Laird@vintagetul.com>@ENRON
Sent:	Monday, October 29, 2001 8:47 AM
To:	Curtis, Valerie
Subject:	RE: Wire Detail for 10/25/01 wire for  $195,209.95

Valerie, the gathering deduct for SLN 2883 (Gwinville) is  .0268  instead of  .0981.

>>> <Valerie.Curtis@enron.com> 10/26/01 01:32PM >>>
(See attached file: Vintage - Sept. 01 - download.xls)

    -----Original Message-----
   From:   "Jan Laird" <Jan.Laird@vintagetul.com>@ENRON
   Sent:   Friday, October 26, 2001 12:15 PM
   To:     Curtis, Valerie
   Subject:  Wire Detail for 10/25/01 wire for  $195,209.95

   Valerie, please fax the upabove detail  to (918) 878-5383.  Thanks!

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


I am determined to get you to smile at least 5 times today....I think I've seen one so far.


I still use this service


Lorraine,

Here are the proposals that we sent to SW Gas last week.

Thanks, Kim.


Here is an example of what such a letter might look like which may satisfy
several of the concerns you raised in our call this afternoon.


Everything looks good.  Thank you!!
ajc

   Kate Symes                04/10/2001 12:30 PM

To: Chris H Foster/HOU/ECT@ECT, Audrey Cook/HOU/ECT@ECT
cc:
Subject: Re: Deal #576468.1 & 572069.1 (4/6/2001 & 4/7/2001)

The following deal has been changed once more. Here are the details:

576468
West Services buys from APX
NP-15
Off Peak - 1.8 MW @ $140
     10.2 MW @ $150
TOTAL MWH = 96

(572069 stays 12 MW @ $150)

Please call me with questions.

Thanks,
Kate
503-464-7486 or 3823

	From:  Chris H Foster                           04/10/2001 07:52 AM

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

Subject: Deal #576468.1 & 572069.1 (4/6/2001 & 4/7/2001)

Kate:

Can you please modify that deal that you made the price $140 yesterday to
make it for the 6th only?  The 7th is all at $150.

Thanks

C
---------------------- Forwarded by Chris H Foster/HOU/ECT on 04/10/2001
09:58 AM ---------------------------

Audrey Cook
04/10/2001 07:51 AM
To: Chris H Foster/HOU/ECT@ECT
cc:
Subject: Deal #576468.1 & 572069.1 (4/6/2001 & 4/7/2001)

Chris,
Good morning!  Hey, one thing I probably did not clarify to you yesterday on
was that when the new deal ticket was set up for the $140 price strip (Deal
#576468.1), the deal should only be in for (4/6/2001) according to APX's
statement (not including 4/7/2001).  Therefore, the entire offpeak for your
deal would be booked on Deal #572069.1 for the $150 price for 4/7/2001.  Let
me know if you have any questions.  Thanks.
ajc

---------------------- Forwarded by Audrey Cook/HOU/ECT on 04/10/2001 09:44
AM ---------------------------

Audrey Cook
04/06/2001 01:27 PM
To: Chris H Foster/HOU/ECT@ECT
cc:
Subject: APX - 4/6/2001

Chris,
One more quick thing on 4/6/2001- APX is showing 2 different prices for
offpeak ($140 & $150 - different MW per strip).  EPMI is showing $150 @ 12/MW
per offpeak hours.  This difference amounts to a $144 difference (APX has
lower invoice).  Can you verify?  Everything else is fine....talk to you next
week.  Have a good weekend.
ajc


---------------------- Forwarded by Hunter S Shively/HOU/ECT on 09/18/2000
12:01 PM ---------------------------

Lloyd Will
09/11/2000 03:20 PM
To: Keith Fraley/HOU/ECT@ECT, Madhup Kumar/Corp/Enron@ENRON, Nicole
La/HOU/ECT@ECT, George Hopley/HOU/ECT@ect, Marc Bir/Corp/Enron@ENRON, Greg
Woulfe/HOU/ECT@ECT, Clayton Vernon/Corp/Enron@ENRON, Hunter S
Shively/HOU/ECT@ECT, Chris Gaskill/Corp/Enron@Enron, John P
Tollefsen/HOU/ECT@ECT, Alan Chen/Corp/Enron@Enron, Narsimha
Misra/NA/Enron@Enron, Ramesh Swaminathan/Corp/Enron@ENRON
cc:
Subject: Re: Price Spikes

fyi
---------------------- Forwarded by Lloyd Will/HOU/ECT on 09/11/2000 03:17 PM
---------------------------

	From:  Christi L Nicolay                           09/11/2000 01:46 PM

To: Lloyd Will/HOU/ECT@ECT, Charles Yeung/HOU/ECT@ECT, Richard
Ingersoll/HOU/ECT@ECT
cc:
Subject: Re: Price Spikes

FYI.  A good paper.
---------------------- Forwarded by Christi L Nicolay/HOU/ECT on 09/11/2000
01:35 PM ---------------------------

Christi L Nicolay
09/11/2000 01:46 PM
To: Steve Walton/HOU/ECT@ECT
cc: Sarah Novosel/Corp/Enron@Enron, Jeff Brown/HOU/EES@EES, James D
Steffes/HOU/EES@EES, John Berger/HOU/ECT@ECT, Joe Hartsoe/Corp/Enron@Enron,
Janine Migden/DUB/EES@EES, Joe Connor/NA/Enron@Enron

Subject: Re: Price Spikes

Steve--Thanks.  This paper sheds alot of light on why Cal. is problematic.
Jeff, Jim S., and I talked about it today because of Kevin's desire to be
able to float his entire position against the pool and the reg. group idea
that some "penalty" or separate charge should be attributed to those that
cause the big congestion (primarily because of the Cal. problem that day of
is cheaper than day ahead due to the caps.)

Steve Walton
09/07/2000 09:13 PM
To: Christi L Nicolay/HOU/ECT@ECT
cc: Jeff Brown/HOU/EES@EES, James D Steffes/HOU/EES@EES

Subject: Price Spikes

Christi,
 I found this to be a very interesting paper on the California Price Spikes.
The conclusion is that price caps are infact creating part of the problem.

Steve
---------------------- Forwarded by Steve Walton/HOU/ECT on 09/07/2000 08:52
PM ---------------------------

Carl Imparato <cfi1@tca-us.com> on 09/06/2000 12:29:49 AM
Please respond to cfi1@tca-us.com
To: wgibson@nwppc.org, steve.walton@enron.com, philip.h.carver@state.or.us,
blsilverstein@bpa.gov, adavis@state.mt.us, lnordell@state.mt.us,
lwolv@worldaccessnet.com, dave.robertson@gt.pge.com, kewh@dynegy.com,
arneo@ep.cted.wa.gov
cc:
Subject: Price Spikes

The attached paper (which was presented to the OPUC by its author last
month) provides a nice summary of some of the reasons behind the turmoil
in California.

Carl

 - VanVactor-PriceSpikes081400.PDF


---------------------- Forwarded by Darron C Giron/HOU/ECT on 03/05/2001
01:16 PM ---------------------------
From: Jason R Williams/ENRON@enronXgate on 03/05/2001 01:13 PM
To: Janie Aguayo/HOU/ECT@ECT, Diane Anderson/NA/Enron@Enron, Derek
Bailey/Corp/Enron@ENRON, David Baumbach/HOU/ECT@ECT, Patricia
Boulanger/CAL/ECT@ECT, Bob Bowen/HOU/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT,
William S Bradford/ENRON@enronXgate, Lesli Campbell/ENRON@enronXgate, Celeste
Cisneros/NA/Enron@Enron, Sharon Crawford/CAL/ECT@ECT, Richard
Deming/NA/Enron@Enron, Russell Diamond/ENRON@enronXgate, Cindy
Feldman/CAL/ECT@ECT, Darron C Giron/HOU/ECT@ECT, Veronica
Gonzalez/ENRON@enronXgate, Jeffrey C Gossett/HOU/ECT@ECT, Walter
Guidroz/ENRON@enronXgate, Larry Joe Hunter/HOU/ECT@ECT, Kam
Keiser/HOU/ECT@ECT, Phillip M Love/HOU/ECT@ECT, Errol
McLaughlin/Corp/Enron@ENRON, Nidia Mendoza/ENRON@enronXgate, Kevin
Meredith/Corp/Enron@ENRON, Tom Moran/ENRON@enronXgate, Leslie
Reeves/HOU/ECT@ECT, Tanya Rohauer/ENRON@enronXgate, Dianne Seib/CAL/ECT@ECT,
Linda Sietzema/CAL/ECT@ECT, Kim S Theriot/HOU/ECT@ECT, Ellen
Wallumrod/NA/Enron@ENRON, Melinda Whalen/CAL/ECT@ECT, Tiffany
Williams/NA/Enron@Enron, Jean Bell/HOU/ECT@ECT
cc:
Subject: Credit Report - 3/5/01


Today we concluded our investigation concerning the resignation of Jenny Lu.
We spoke to a total of five employees. Two were suggested by Jenny  Lu
(Vanessa Schultz and Wally Kinden) and three suggested by Joel Henenberg
(Mary Gosnell, Bill Hare and Connie Sutton). The investigation did not
uncover anything that would change our determination to accept Jenny's
resignation.

Therefore, Effective November 13, 2000,  We accepted Jenny Lu's resignation.
This was communicated to Jenny  Lu by Hector McLoughlin.  Hector McLoughlin
will be providing you with a verbal synopsis of the investigation. Please
feel free to call Hector or me if you have any questions.

Frank deJesus


Mark

I have a commodity futures account that I use to hedge my physical cattle
positions.  If you need more information please let me know.

Ken

	Mark Taylor@ENRON
	Sent by: Enron Announcements@ENRON
	06/21/00 06:39 PM

		 To: All Enron Houston, Everyone_in_ECT_Calgary, Everyone_in_ECT_London,
Everyone_in_ECT_Portland, Everyone_in_ECT_New York, Everyone_in_ECT_Denver,
Everyone_in_ECT_Oslo, Everyone_in_ECT_Singapore, EI-Australia, Buenos Aires
Argentina - Office Staff, Buenos Aires Argentina - TGS Office Staff, Enron
Everyone_EOG_Denver, Enron Everyone_EOG_Calgary
		 cc:
		 Subject: Enron North America Corp. NYMEX Hedge Exemption Applications

We are in the process of preparing applications for position limit exemptions
for ENA,s NYMEX energy commodities futures trading.  These applications
require that ENA represent whether its officers, employees, owners, or agents
have a power of attorney, control or have a financial interest in any other
related commodity future(s) account either individually or acting with
another person pursuant to express or implied agreement.

Please direct any responses to my paralegal, Tana Jones, via intercompany
email or call her at (713) 853-3399 by the end of business Friday, June 30,
2000 if you have any power of attorney, control or have a financial interest
in any commodity futures account (other than an ENA or other trading
affiliate account).

IF YOU DO NOT HAVE A COMMODITY FUTURES ACCOUNT, YOU DO NOT NEED TO RESPOND TO
THIS REQUEST.


Start Date: 10/26/01; HourAhead hour: 8;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2001102608.txt

Error retrieving HourAhead price data - process continuing...


Hey Ami, Did Devon ever give us an answer on this? THANKS!

---------------------- Forwarded by Victor Lamadrid/HOU/ECT on 06/07/2000
06:06 PM ---------------------------

Victor Lamadrid
05/22/2000 01:31 PM
To: Ami Chokshi/Corp/Enron@ENRON
cc: Beverly Beaty/HOU/ECT@ECT, Alvin Thompson/Corp/Enron@Enron, Victoria
Versen/HOU/ECT@ECT, Katherine L Kelly/HOU/ECT@ECT
Subject: Re: June Availabilities

Hey Ami,  We have a little issue on Transco regarding Devon production.  Does
your contact @ Devon know if we are responsible for scheduling  PVR for them.
Please read note below and let me know if we need to talk to anyone on our
side.  THANKS!
---------------------- Forwarded by Victor Lamadrid/HOU/ECT on 05/22/2000
01:24 PM ---------------------------
From: Beverly Beaty on 05/22/2000 11:45 AM
To: Victor Lamadrid/HOU/ECT@ECT
cc:
Subject: Re: June Availabilities

FYI,

Transco has called wanting to know who is responsible for nominating Devon's
PVR.  We do not have access to their contracts to do
the noms.  CES use to have Transco do it for them and so did we for January
and February, but nothing was nominated for March or April.  I
mentioned this to Nelson and Dan Junek back in March, but nothing was
decided.  At one time, Devon did not want to give us access to nominate
their PVR because they did not want us to have access to any of their
information.  Could you find out if we are responsible for the PVR and if we
are, they
have to make us agent to nominate on those particular contracts?  Maybe you
will have better luck than I did.

Thanks,
Bev


Getchen is in our personnel dept.  She will coordinate filling job positions
with candidates.  If you just emailed her your resume, you might want to give
her a few days because she is working on lots of jobs.  I've used her before,
so you might want to mention my name, say I work in the Enron North America
Legal Dept.  She is really sweet.


Tana -

This is the final form:

Mark
Senior Counsel, ENA
Phone:     713-345-8897
Facsimile: 713-646-3940
E-Mail:      Mark.Greenberg@enron.com

	Tana Jones@ECT
	03/05/2001 09:03 AM

		 To: Mark Greenberg/NA/Enron@ENRON
		 cc:
		 Subject: Re: Base BETA Agreement

Is this the final form?

	Mark Greenberg@ENRON
	02/23/2001 10:37 AM

		 To: Mark Taylor/HOU/ECT@ECT
		 cc: Tana Jones/HOU/ECT@ECT
		 Subject: Base BETA Agreement

Mark -

I made the change we discussed in Section 2(c).  Please let me know if this
works.

Thanks.

Mark
Senior Counsel, ENA
Phone:     713-345-8897
Facsimile: 713-646-3940
E-Mail:      Mark.Greenberg@enron.com


Presume we'll talk tomorrow re: Cal solution?  jeff 415.782.7822.


Mike:

I have given further thought to your inquiry and have some additional
comments that you might want to keep in mind as you plan for the integration.
I have begun discussions with local counsel as to the tax impact of having a
Brazilian entity charge an Argentine entity for services and should have an
answer to those questions in a few days.

In addition, there is a US tax issue that you need to be cognizant of because
they may have an impact on the way the integrated trading operation is set
up.  I don't think this will be an issue based on the way you described the
approach but we need to keep these concepts in mind as the process develops
to avoid creating unnecessary tax friction.

As I discussed yesterday, an Enron Brazilian entity providing services to an
Argentine affiliate would have to charge the Argentine affiliate for those
services.  The  income earned by an Enron  Brazilian subsidiary providing
services to an Enron Argentina will not be subject to tax in the US as long
as the services are actually performed in Brazil.  However, if the employees
performing the services are employed by the Brazilian company but are working
in Argentina, the income earned by the Brazilian company for providing those
services in Argentina will be subject to income tax in the US.    Since such
income would also be subject to tax in Brazil, Enron would incur double tax.

We have not discussed the details of proposed restructuring of the Argentine
staff involved in trading but the following example highlights a likely
scenario and the adverse US tax consequences.  While it is only a
hypothetical, it will give us a framework from which to work.

Enron Brazil becomes the employer for all of the individuals involved in
Argentine trading activity.  The back office support staff is located in
Brazil while one or more of the traders work out of Argentina to be close to
the customer base.  The income associated with the back office support is
subject only to Brazilian tax since those services are actually performed in
Brazil.    Since the Brazilian company is providing services in Argentina by
having traders located in Argentina, such income would be subject to US
tax.    Since the value of the services provided by the Brazilian employees
would be skewed to the value associated with the traders and not the back
office support staff, most of the income earned by the Brazilian company
would be subject to US tax ( in addition to Brazilian tax).    In order to
avoid this result, you would need to have the traders located in Argentina
remain on the payroll  of an Argentine entity.  Employees rendering services
out of Brazil could be employed by the Enron Brazilian entity which would
charge the Argentine entity for services provided.   (It should be noted that
if the traders for Argentine products actually work out Brazil, the US tax
problem does not arise)

As always, I am available to discuss specifics as the plans develop.

Regards

Lynn


Here's the update for March 14.


put on calendar
---------------------- Forwarded by Jeffrey A Shankman/HOU/ECT on 11/06/2000
06:07 PM ---------------------------
From: Nina Garcia on 11/03/2000 10:11 AM
To: lfastow@pop.pdq.net, Mike McConnell@enron.com,
Jeffrey.A.Shankman@enron.com, bwalker@mfah.org, nrifkin@menil.org,
bonny_mcloud@gensler.com, Ken.N.Byrd@enron.com, bdonova@enron.com
cc: lmcbride@menil.org
Subject: ART COMMITTEE MEETING

This is to confirm that there will be an Art Committee meeting on Tuesday,
November 7, at 1:30 p.m. in conference room 461 of the Enron Building.  We
realize that some of the committee members will not be able to attend.


It's OK to delay the materials for Duffie. He is very busy anyway and is not
going to complain.

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/24/2001
05:23 PM ---------------------------

Scott Salmon@ENRON
04/24/2001 01:23 PM
To: Amitava Dhar/Corp/Enron@ENRON
cc: Vince J Kaminski/HOU/ECT@ECT, Vasant Shanbhogue/Enron@EnronXGate, Ben
Parsons/LON/ECT@ECT, George Albanis/LON/ECT@ECT, Tomas Valnek/LON/ECT@ECT,
Bryan Seyfried/LON/ECT@ECT
Subject: Having Iris visit London

Hi Amitava,

We've been doing some thinking and discussing here regarding the information
on our modelling process we'll provide to Darryl Duffie.  We think it would
be extremely valuable for Iris to come out to London for a couple weeks to
gain a better understanding of the how the models integrate and are truly
employed.  I think this would greatly enhance the "product" we'll send to
Duffie as well as giving Iris a firm view of Enron Credit.  In addition, she
could also explore some of the data sources such as Amadeus and others that
might be helpful in private firm modelling.  If we're extremely
efficient/lucky in receiving data from D&B or Experian, she might be able to
begin analysis on that for the private model efforts.

I would recommend she plan on coming out for 2 weeks starting the week of 30
Apr perhaps.  Depending on the progress with the private firm data sources,
it probably makes sense to send her back to Houston to work on calibration
sets with a likely return visit to London as required.

Please let me know your thoughts.

Cheers,
Scott


Dear Mr. Lay:

In this trying time of second-guesses and angry shareholders, I wanted to let you know that I have appreciated working for you and share a quick story of how you shaped my view of Enron and the corporate world in general.

My second rotation as an associate was to write speeches for the Office of the Chairman.  Generally, I was creating presentations for Jeff Skilling, but I did create a couple for you as well.  The one I remember best was for the speech at Astro Hall for the Houston Energy Conference where we announced Enron Online.  Not only did you let me lead the internal roundtable (I remember sitting at the table, trying to keep my composure as Greg Whalley, Dan Leff, Louise Kitchen and others asked specifics about the slides I created), but you also (generally) agreed with my answers and thanked me for a job well done.  That night, I shared a bottle of champagne with my wife and truly believed I could do anything!!

So, as far as I am concerned, you have done a tremendous job.  Everything happening now is unfortunate.  It happened on your watch and thus is partly your responsibility.  But you have stepped up to the plate, most likely saved more jobs than lost, and been accountable in more ways than one.  Being a leader in good times and in bad, and more importantly affecting the lives of your employees on a personal basis, are truly attributes that I hope to continue in my lifetime.

I just wanted you to know that you have truly made a difference in one man's career.  And I feel all the better for it.

My prayers go to you and your family.

Best regards,

Michael Harris

**********************************************************
Michael Harris
Director of Business Development
Enron Wholesale Services
713-345-7557 (office)
713-646-5745 (fax)
713-503-0749 (cell)


Ellen,  Let's talk about the attached.

 -----Original Message-----
From: 	Miller, Stephanie
Sent:	Tuesday, October 30, 2001 2:57 PM
To:	Nemec, Gerald
Subject:	Mexicana

Can you please prepare amendments as follows:

Term: Nov 1 - Jan 31

Agency fee: Greater of $9,000/month or our 22% as currently structured

Confirmation: Puchase price at the border is NGI Socal - $.025 for November and NGI Socal - $.01 for Dec and Jan for up to 8,000 mmbtu/day. For quantities in excess of 8,000 mmbtu/day, GDA Socal Border less $.05


Hi Kathy -

I'm Dana Davis.  A member of Veterans Memorial are you still sending
information/directions regarding Edith's bridal shower on Dec. 2nd?

---------------------- Forwarded by Dana Davis/HOU/ECT on 11/28/2000 04:05 PM
---------------------------

EdithErica@aol.com on 11/22/2000 09:06:29 AM
To: EdithErica@aol.com, jwashing@mail.mdanderson.org, faith1@pdq.net,
bettynance@dellnet.com, abraham5@flash.net, cashley@poha.com,
WMontg6626@aol.com, dana.davis@enron.com, dimoore@airmail.net,
denise.moore@dhs.state.tx, gijack3@hotmail.com, grace.jackson@alz.org,
dchildre@kuht.uh.edu
cc:
Subject: Re: Bridal Shower

 I'm resending this email because it appears that I am having problems
forwarding
 to my sisters email address. The address is kathy_d_lacy@reliantenergy.com.
If you care to respond, please remember to copy me as well  and I'm sure one
of us will get the information. For those of you who did receive this email
the first time please scroll down.

Thank you
Edith:-)


Thanks for ending that, John. I've added comments to reflect the change in
the three legs in deal 597246, so we should be all set now.

Kate

From: John Malowney/ENRON@enronXgate on 05/02/2001 02:49 PM CDT
To: Sharen Cason/HOU/ECT@ECT, Kate Symes/PDX/ECT@ECT
cc:

Subject: RE: Montana power

Sounds good to me.... let sleeping dogs lie.   Let's internally add the
needed description and move on, I really don't want to confuse MPC with yet
another confirmation.  Thanks,   John

 -----Original Message-----
From:  Cason, Sharen
Sent: Wednesday, May 02, 2001 6:25 AM
To: Symes, Kate
Cc: Malowney, John
Subject: Re: Montana power

If John Malowney is okay with the confirmation he reviewed, I'm fine.  I made
the changes he suggested and sent it out, so if nothing else needs to be done
for the confirmation, then yes, please add some notes in the comment section
of deal entry about what happened.

Thanks!

   Kate Symes                05/01/2001 06:07 PM

To: Sharen Cason/HOU/ECT@ECT
cc:
Subject: Re: Montana power   << OLE Object: StdOleLink >>

I'm really sorry about the confusion - I actually just got filled in myself.
I entered these deals for Mike Swerzbin yesterday, but he gave me an
incorrect delivery point (mid-columbia instead of montana system border).
Then Cara Semperger, in Scheduling, went in to change the delivery point and
felt that the deal should be combined into one with three legs instead of
three separate deals.

So, in the end, she killed 597244 and 597245, and added two legs to 597246.
I'm not sure she talked to John Malowney about any of this, otherwise he
probably would have told her that he already approved the confirm letter.

Please let me know if you'd like comments added to this deal, and I'll do it
right away.

Thanks for your help on this,
Kate

	  From:  Sharen Cason                           05/01/2001 03:30 PM

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

Subject: Montana power

Help, I'm confused!  Yesterday I prepared a confirmation for three Montana
Power deals, # 5467244, 597245, 597246.  I sent it to John Malowney and he
approved it and I faxed it out. Today I noticed two of the deals have been
killed and two legs added to the other deal.  I think it is the same deal,
but can someone put notes into the deals saying what they did and why?

Thanks!


Please find attached the most recent update for Merchanting Metals.

In summary the planned systems changes and manual substantiation efforts are
behind schedule. Additional resources are being allocated and the situation
is being closely monitored ( both for quarter end signoff and on going
operations ).

Please contact me if you require any additional information

Mike

---------------------- Forwarded by Mike Jordan/LON/ECT on 04/04/2001 13:59
---------------------------

Mike Jordan
03/04/2001 16:29
To: John Sherriff/LON/ECT@ECT, Michael R Brown/LON/ECT@ECT, Joe
Gold/LON/ECT@ECT, Michael Farmer/EU/Enron@ENRON, Michael J
Hutchinson/EU/Enron@Enron, Paul Freeman/EU/Enron@Enron
cc: Fernley Dyson/LON/ECT@ECT, Andrew Cornfield/LON/ECT@ECT, Howard
Carter/EU/Enron@Enron, Nigel Grace/EU/Enron@Enron, Mark Pickering/LON/ECT@ECT

Subject: Merchanting Metals Update #2

The intention of the efforts and actions documented in my earlier update (
see attached email ) was to provide
a robust position signoff process for total metal tonnage, spread and brand
and location
a timely substantiation of
stock on balance sheet
forward MTM
debtors and creditor balances
OBSF transactional values and a reconciliation of the barclays intercompany
account

Despite the best efforts of IT, continuing problems with the AS400
application, a better understanding of the inconsistency between stock
reconciliation reports, and concerns over the useability of the outright
stock screen enquiry are such that I am currently not confident of delivering
sufficient accurate information to AA to satisfy their audit requirements -
which at a macro level is the transparent audit trail between stock and
forward positions to full accounting values.

Consequently I need to inform you of, and/or require your approval for, the
following :

I will discuss with AA the following
that OBSF values within the extended trial balance may be misstated due to
data issues ( above and beyond existing conversations with AA on model
simplifications)
that there are reconciling differences between trader position analyses,
AS400 on screen enquiries and the formal global position report ( these
differences are at present not understood but would need to be provided to AA
within the audit timetable)
an outline of the internal balance sheet review process described in my
earlier note which must now be reprioritised and rescoped ( see MO work )
The creation of an incentive payment pool ( possibly via personal best awards
) for key Metals staff who continue to work exceptionally unsociable hours to
meet the above stated objectives
The signoff for additional permanent 'Enron' headcount who will 'duplicate'
certain key position control processes ultimately replacing some existing
Traffic staff
A reconciling difference of $15mm exists between the reported DPR and the
final accounting p&l as generated on the AS400. We will continue to
investigate potential misstatements in the system p&l, as a result of data or
system valuation problems, within the month end reporting timeframe. However,
this difference may need to be adjusted for following a final review and
signoff of system p&l values with traders.
The recall of all OBSF stock in early April and retention on balance sheet (
reduced where economically viable ) until positions are fully reconciled and
repeatable daily signoff process can be instigated.

Middle Office work being prioritised is as follows
the stock circularisation initiated for close of business 23 rd - with full
reconciliation of returns to current system data by traffic/co-ordination
an audit of the stock and forward valuation report for the 30 th ( replacing
planned 23 rd review due to system issues ), requiring
full download of contract detail for later reference
reconciliation of stock movements between 23 rd and 30 th
sample tests of vanilla forward transactions
detailed position analysis of all OBSF contracts that must be reconciled to
Barclays documentation
spreadsheet recalculation of OBSF option premium utilising the above manually
created position analysis
the circularisation of Barclays intercompany account and comparison to our
cut off and substantiation analysis
the debtors/creditors partial circularisation initiated for close of business
23 rd

I will be in touch directly re the items needing approval

Regards

Mike
---------------------- Forwarded by Mike Jordan/LON/ECT on 29/03/2001 20:51
---------------------------

Mike Jordan
21/03/2001 18:20
To: John Sherriff/LON/ECT@ECT, Michael R Brown/LON/ECT@ECT, Rick
Buy/Enron@EnronXGate, Richard Causey/Corp/Enron@ENRON, Ted
Murphy/LON/ECT@ECT, Sally Beck/HOU/ECT@ECT
cc: Fernley Dyson/LON/ECT@ECT, Joe Gold/LON/ECT@ECT, Michael
Farmer/EU/Enron@ENRON, Michael J Hutchinson/EU/Enron@Enron

Subject: Merchanting Metals update

Several related issues have resulted in an increase in the level of operating
risk for the Merchanting Metals business.

Complexities surrounding the operation of the Off Balance Sheet Facility
("OBSF") which commenced two weeks before the year end.
The uncertainty generated by the revocation of AA's signoff for the facility
late in the year end audit.
The discovery of a number of 'bugs' within the AS400 Merchanting code,
arising from the release of OBSF designed functionality, which compounded the
operational burden of supporting the OBSF.
The requirement to amend the operational process and OBSF IT code as a result
of the current renegotiation of the OBSF with Barclays ( and AA ).
The senior IT developer for Merchanting has resigned and been sent on
gardening leave.
The Corporate requirement to lower working capital usage for the Merchanting
business irrespective of the above parochial business issues.

Various mitigating actions have been and will be taken to provide focus, gain
comfort over control levels and to provide assurance to senior management as
to the accuracy of the Q1 DPR and business balance sheet.

The implementation for SAP for the Merchanting business has been delayed and
effectively decoupled from the higher risk ( higher benefit ) Brokerage
implementation - benefit is to provide sole focus on OBSF for IT Merchanting
developers.
The AR/AP SAP data quality reviews for both businesses are continuing so as
to provide a detailed analysis as at end Q1.
Middle Office have instigated a new daily working capital report process
tracking cash settlement/ funding data to working capital components for all
Metals businesses.
An enhanced position signoff process will be implemented prior to end Q1
covering gross tonnage, spread positions and summarised analyses for brand
and locations. The necessary report functionality should be available within
the AS400, however contingencies have been initiated to build tactical
VBA/excel reports outside of the AS400 but using AS400 data downloads.
User requests for additional AS400 functionality and reports have been
aggressively prioritised and a code freeze will commence prior to the end of
Q1 following the delivery of three reports determined as minimum requirements
for the support of OBSF.
A resubstantiation of the full Q1 DPR will be completed by the Risk control
staff reconciling the full trial balances between Q1 open and Q1 close
A full internal balance sheet review will be completed within the Q1 audit
timetable which incorporates
A full circularisation of inventory balances, and matching to source
documentation within Enron
Inspection of certain of the above inventory balances, by third party
inspectors, where there is an expectation that circularisation replies will
not be received on a timely basis
Substantive checks back to source contract documentation for the forward
priced and unpriced positions report ( spot checking the key position report
signed off by the traders )
Full reconciliation and recalculation of OBSF option premium values
Full reconciliation of contracts within the OBSF to Barclays documentation (
thereby substantiating existence of stock that we have option to purchase )
and to AS400 Barclays account
A risk based debtors review - matching to source documentation, where
applicable, and any subsequent post quarter end cash movements
A full substantiation of creditors to internal ( contract commitments ) or
external documentation ( invoices/request for payment )
A full reconciliation of intercompany accounts
A full substantive reconciliation of cash and funding accounts

I intend to provide weekly updates on the status of the above actions during
April

If you have any questions please call me on x34703

Regards

Mike


Joel,

Congratulations and best luck.

Vince

"Joel Hanley" <jhanley@riskwaters.com> on 11/02/2000 10:27:16 AM
Please respond to <jhanley@riskwaters.com>
To: <jhanley@riskwaters.com>
cc:
Subject: Change of Role

Just a quick note to say that I have now left the EPRM/Risk conference
division after two and a half very happy years. I am however still at Risk
Waters Group, where I am now working as a journalist on EPRM magazine.
Future conference enquiries should go to Paul Bristow (US - 212 925 6990) or
Frances Tully (Europe - +44 (0) 20 7484 9731).

Many thanks for your work my events and I hope we can work together again in
the future. If you have any ideas on the writing side then I would always
appreciate a call or email - my contact details all remain the same.

Best regards,

Joel.

Joel Hanley
EPRM Magazine

Direct: +44 (0) 20 7484 9885
www.riskwaters.com


By popular demand, there will be a conference call TODAY at 5:00pm Pacific /
7:00pm Central / 8:00pm Eastern to review a draft pelading and affidavit for
our response to FERC's Nov. 1 Order.  Mary Hain or I will be forwarding to
you a draft of the pleading at 3:00pm Pacific / 5:00pm Central / 6:00pm
Eastern time today.

Please disregard Mary's and my earlier e-mails concerning the timing of this
call.

Dial in information is as follows:

Date: TODAY, Tuesday, Nov. 21st
Time: 5:00pm Pacific / 7:00pm Central / 8:00pm Eastern
800#: 888/422-7116
Pin#: 109963

Pin # for Mary Hain ONLY: 385359

Please call me at 503/464-7927 or Mary at 503/464-8862 if you have any
questions.

---------------------- Forwarded by Lysa Akin/PDX/ECT on 11/21/2000 12:28 PM
---------------------------

Mary Hain
11/21/2000 11:07 AM
Sent by: Lysa Akin
To: James D Steffes/NA/Enron, Harry Kingerski/NA/Enron, Joe
Hartsoe/Corp/Enron@Enron, Sarah Novosel/Corp/Enron@Enron, Tim
Belden/HOU/ECT@ECT, Susan J Mara/NA/Enron, Jeff Dasovich/NA/Enron, Alan
Comnes/PDX/ECT
cc: Marcia A Linton/NA/Enron, Rubena
Buerger/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Bernadette
Hawkins/Corp/Enron@ENRON, Debra Davidson/PDX/ECT@ECT, Joseph
Alamo/NA/Enron@Enron, Mary Hain/HOU/ECT@ECT
Subject: Conference Call to discuss response to FERC 1 Nov. Order

Ron Carroll will have our final response to FERC late tonight for review
first thing tomorrow before filing.

I realize this is short notice, but it is critical that we all speak to
discuss the draft.  Therefore, in order to discuss, I have set a conference
call as follows:

Date: Wed., Nov. 22nd
Time: 7:00am Pacific / 9:00am Central / 10:00am Eastern
800#: 888/422-7116
Pin#: 109963

Pin # for Mary Hain ONLY: 385359

Please contact Lysa at 503/464-7927 if you cannot attend.

Thanks!


Bob:  we probably need to get everyone together on this and come up with a
consolidated stance before we go outside the group.  As you pointed out,
there are several areas that could open us up to potential problems.  We want
ot be careful not to get things out in the iopen that we do not want out.
Thanks.


>  -----Original Message-----
> From: 	Shirley Huff
> Sent:	Thursday, November 01, 2001 3:47 PM
> To:	Carolyn Ashley
> Subject:	FW: Restaurant Order
>
>
>
> -----Original Message-----
> From:	Cheryl Woolridge
> Sent:	Thursday, October 25, 2001 5:26 PM
> To:	Shirley Huff
> Subject:	Restaurant Order
>
> Have fun with this one!!!!!
>
>  <<Rickey Smiley - Rottweiler Lips.mp3>>


calendar
---------------------- Forwarded by Steven J Kean/HOU/EES on 08/01/2000 07:54
AM ---------------------------

Tracy L Arthur@ECT
07/31/2000 11:49 AM
To: Dan Leff/HOU/EES@EES, Jeffrey A Shankman/HOU/ECT@ECT, Louise
Kitchen/HOU/ECT@ECT, Steven J Kean/HOU/EES@EES, Rex Shelby/Enron
Communications@Enron Communications, Tod Lindholm/Enron Communications@Enron
Communications, Jeff Donahue/HOU/ECT@ECT, Jay Fitzgerald/NY/ECT@ECT, Richard
DiMichele/Enron Communications@Enron Communications, Brian
Redmond/HOU/ECT@ECT, Jeremy Blachman/HOU/EES@EES, Michael Kopper/HOU/ECT@ECT
cc: Sandy Roberts/Corp/Enron@ENRON
Subject: Welcome New Associates - Reception


Here are some more questions we have been working on.  Thanks for your help.
Ben


BTW, you CAN'T pull chicks with a single wide.......

----- Original Message -----
From: Brian Constantine
Sent: Wednesday, March 27, 2002 7:09 AM
To: Fenner, Chet; EriK Wollam; chad knipe; Joe Parks
Subject: RE: Privacy Please

You are correct, sir....YES!!! Need to print this and post in the Winnebago and/or Circa 1963 Single Wide home.

BC

-----Original Message-----
From: Fenner, Chet [mailto:Chet_Fenner@bmc.com]
Sent: Wednesday, March 27, 2002 8:54 AM
To: Brian Constantine; EriK Wollam; Fenner, Chet; chad knipe; Joe Parks
Subject: RE: Privacy Please

These are key employees and a good mission statement for the Deer Lease
Winnebago business plan Erik and I were developing.

-----Original Message-----
From: Brian Constantine [mailto:brianc@saltgrass.com]
Sent: Wednesday, March 27, 2002 8:48 AM
To: EriK Wollam; Chet Fenner; chad knipe; Joe Parks
Subject: FW: Privacy Please

Men...this is a classic. My favorite is #20...
-----Original Message-----
From: Chris Bruder
Sent: Wednesday, March 27, 2002 8:43 AM
To: Brian Constantine; Jeff Stover; Jim Doxakis; Ken Pierce; Matt
Hanifen; Daniel Hill; Terry Turney
Subject: FW: Privacy Please

-----Original Message-----
From: Kelli Servello [mailto:k.servello@worldnet.att.net]
Sent: Tuesday, March 26, 2002 3:04 PM
To: John Servello; john servello; Ohsonnyboy@aol.com; Kollen Nelson; BJ;
msteed@pdq.net; Dwayne Miculka; Dave Kirk; Michelle Kerbow; Larry R
Kerbow; Rob Fuchs; Ed Fuchs; Frogman; Bart Frames; Earle Dardar;
cory@multisignals.com; Chris Bruder; BigJoe@JoeBeitler.com
Subject: Fw: The Perfect Woman!!!!!!!!


I spoke with Rich yesterday.  He said it would be OK to net the storage true
up invoice from Ernie with the Sep invoice.  I mailed the invoice via
interoffice to Jeff.

There are 6 or 7 deals that ENA billed CES for September that should probably
be billed to New Power.  All of the deals in question are on the Central desk.

How does the reconciliation look for Jan - June?  Rich said it was his
understanding that these months look good and the adjustments are minimal.


---------------------- Forwarded by Kay Mann/Corp/Enron on 01/10/2001 01:55
PM ---------------------------

Kay Mann
01/10/2001 01:51 PM
To: stephen.swift@ps.ge.com, mike.barnas@ps.ge.com
cc:

Subject: RE: invoice information/TurboPark

Viola!
---------------------- Forwarded by Kay Mann/Corp/Enron on 01/10/2001 01:50
PM ---------------------------

Kay Mann
01/03/2001 11:18 AM
To: lee.johnson@ss.ps.ge.com
cc:

Subject: RE: invoice information/TurboPark

Lee,

The best way to go about it would be to send the invoice to Jody, but copy
the Enron project folks you have been dealing with.

Are we ready to sign the Fountain Valley contract?  I would think that we
could sign the change order at the same time, and payment terms can be
whatever the Enron project team has bought in to.  The banks won't care.

Have you seen sig pages for ESA yet?

Kay

lee.johnson@ss.ps.ge.com on 01/03/2001 09:00:30 AM
To: Kay.Mann@enron.com
cc:

Subject: RE: invoice information/TurboPark

Kay,

Please confirm that this will be the invoicing address for the 6 units bound
for Fountain Valley Project and 4 units pegged to LV Cogen Expansion.  Also,
we've still got a change order needed for Fountain Valley for the 6 Power
System Stabilizers and 2 Exhaust Stacks.  LV is also saying they will need 4
Power System Stabilizers, but haven't confirmed their order.

Thanks,

Lee

-----Original Message-----
From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com]
Sent: Tuesday, January 02, 2001 6:06 PM
To: lee.johnson@ss.ps.ge.com
Subject: invoice information/TurboPark

E-Next Generation LLC
Mr. Jody Pierce
1400 Smith, EB 2480
Houston, Tx 77002


Guys , I have just been told that pursuant to the terms of our agreement with Entergy - Koch we are obliged to provide them with a letter of credit ( to replace an existing one which expires ) for ?20m today ( by midnight ) or we will be in default - giving them the right to close out . I understand that it is not possible to provide an LC so we will need to cash collateralise them . We will either need to give them $ today or ? tommorrow ( when we will technically be in default , but they seem to be fairly relaxed ) . Can you let me know how you would prefer to manage this ASAP . Louise / Ray , John or I will give you a call when you get in .
Thanks
Michael


Please see the attached new book request for the NG-Price book.  John Arnold
is now trading crude on EOL and they are booking to NG-Price.  Of course, we
have to have this today.

Thank you,

Errol


FYI
---------------------- Forwarded by Mary Hain/HOU/ECT on 01/17/2001 11:17 AM
---------------------------
To: Alan Comnes/PDX/ECT@ECT, Mary Hain/HOU/ECT@ECT
cc:
Subject: Requested information

---------------------- Forwarded by Chris H Foster/HOU/ECT on 01/17/2001
10:34 AM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  Eric.Lavik@sce.com                           01/17/2001 10:34 AM

To: chris.h.foster@enron.com
cc:
Subject: Requested information

(See attached file: StraightTalk.pdf)(See attached file: history.doc)(See
attached file: straight.doc)(See attached file: 8K.pdf)

 - StraightTalk.pdf
 - history.doc
 - straight.doc
 - 8K.pdf


Please provide the confirm desk with appropriate language to satisify the
terms of this credit worksheet.

Thanks
Brant


The information contained herein is based on sources that we believe to be
reliable, but we do not represent that it is accurate or complete.  Nothing
contained herein should be considered as an offer to sell or a solicitation
of an offer to buy any financial instruments discussed herein.  Any
opinions expressed herein are solely those of the author.  As such, they
may differ in material respects from those of, or expressed or published by
on behalf of Carr Futures or its officers, directors, employees or
affiliates.  , 2001 Carr Futures

The charts are now in the most recent version of Adobe Acrobat 4.0 and they
should print clearly from Adobe Acrobat Reader 3.0 or higher. Adobe Acrobat
Reader 4.0 may be downloaded for FREE from www.adobe.com.

(See attached file: CrudeOptionsOI.pdf)

Carr Futures
150 S. Wacker Dr., Suite 1500
Chicago, IL 60606  USA
Tel:  312-368-6149
Fax:  312-368-2281
soblander@carrfut.com
http://www.carrfut.com
 - CrudeOptionsOI.pdf


Ned,

Regarding the Waha storage, the west desk does not have a strong need for this storage but we are always willing to show a bid based on the current summer/winter spreads and cycling value.  The following assumptions were made to establish our bid:  5% daily injection capacity, 10% daily withdrawal capacity, 1% fuel (injection only), 0.01/MMBtu variable injection and withdrawal fees.  Also an undiscounted  June 01 to January 02 spread of $0.60 existed at the time of this bid.

Bid for a 1 year storage contract beginning June 01 based on above assumptions:  $0.05/ MMBtu/Month ($0.60/Year).  Demand charges only.

I am not sure if this is exactly what you need or not.  Please call or email with comments.

Phillip Allen


The names on this list seem very expensive to me. Do we really need this council? Rick Buy

 -----Original Message-----
From: 	Walker, Stacy   On Behalf Of Kimberly, Kelly
Sent:	Thursday, March 01, 2001 2:27 PM
To:	Stanley, Brian; Bruce, Dan; Schafer, Dave; Clay, Eddie; Kalmans, Elyse; Humphrey, Gene; Wasaff, George; Adams, Gregory; Boyd, Hap; Hughes, James; Mrha, Jean; Mogal, Jimmy; Mahan, Mariella; Padron, Miguel; Schroeder, Mark; Terraso, Michael; Taylor, Mitchell; Rieker, Paula; Buy, Rick; Walls, Rob; Corman, Shelley; Kean, Steven; DeSpain, Tim; Sharp, Vicki
Cc:	Blancke, Nicola; Weatherstone, Mary; Costello, Lisa; Hooks, Barbara; Flores, Zulie; Frazier, Bert; Prizont, Karina; Gray, Dortha; Blackwood, Connie; Jones, Melissa; Mathews, Leena; Romero, Isabel; Ashcroft, Beverley; Glenn, Laura; Campos, Karen; Boling, Rosario; Valencia, Laura; Heathman, Karen K.; Hicks, Debra; Mann, Ruth; McVicker, Maureen; Sczykutowicz, Marion; Lopez, Leasa; Iannarone, Lauren; McKalip-Thompson, Catherine; Worthen, Susan
Subject:	External Advisory Council

As we discussed at the last Corporate Responsibility task force meeting, one activity that we have underway is recruiting an external advisory council.  This council will be comprised of global experts on environmental and social issues, from non-governmental organizations and potentially other businesses, to advise us on trends and issues in this area.  An outline of the advisory council structure, along with categories of experts and proposed names is attached below.

We expect to convene meetings with this group twice a year, inviting the Enron executive committee and board of directors, as well as the Corporate Responsibility task force, to engage in a dialogue.  We plan to present a slate of possible candidates to Ken Lay and Jeff Skilling later this month, and would appreciate your input and any ideas by March 16.

Thanks for your consideration.

 << File: External Advisory_final.doc >>


----- Forwarded by Jeff Dasovich/NA/Enron on 04/05/2001 11:36 AM -----

	"Julee Malinowski-Ball" <jmball@ns.net>
	04/05/2001 11:29 AM
	Please respond to "Julee Malinowski-Ball"

		 To: "Susan McCabe" <smccabe@mccabeandcompany.net>, "Scott Govenar"
<sgovenar@govadv.com>, "Ron Tom" <thackbarth@govadv.com>, "Robert Ross"
<robbiz@cwo.com>, "Rina Venturini" <rventurini@teamgsi.net>, "Phil Isenberg"
<Isenberg@HMOT.com>, "Mike Monagan" <mrmonagan@aol.com>, "Maureen OHaren"
<Oharen@HMOT.com>, "Marie Moretti" <mmoretti@mccabeandcompany.net>,
"Kassandra Gough" <kgough@calpine.com>, "Jamie Parker" <jparker@hmot.com>,
"Hedy Govenar" <hgovenar@govadv.com>, "Delany Hunter" <dhunter@s-k-w.com>,
"Chuck Cole" <ccole@advocation-inc.com>, "Bev Hansen" <bhansen@lhom.com>,
"Anne Kelly" <kelly@hnks.com>, "Fred Pownall" <fred_pownall@ka-pow.com>
		 cc: "Sue Mara" <smara@enron.com>, "Steve Ponder" <steve_ponder@fpl.com>,
"Stephanie Newell" <stephanie-newell@reliantenergy.com>, "Sandi McCubbin"
<smccubbi@enron.com>, "Roger Pelote" <roger.pelote@williams.com>, "Richard
Hyde" <rwhyde@duke-energy.com>, "Rachel King" <rachel.king@elpaso.com>,
"Paula Soos" <paula_soos@ogden-energy.com>, "Lynn Lednicky"
<lale@dynegy.com>, "Larrea, John" <John.g.Larrea@williams.com>, "kent
Palmerton" <kent.palmerton@williams.com>, "Kassandra Gough"
<kgough@calpine.com>, "John Stout" <john_h_stout@reliantenergy.com>, "Joe
Ronan" <joer@calpine.com>, "Jeff Dasovich" <Jeff.Dasovich@enron.com>, "Jean
Munoz" <jmunoz@mcnallytemple.com>, "Jack Pigott" <jackp@calpine.com>, "Greg
Blue" <gtbl@dynegy.com>, "Scott Sadler" <sadlersa@earthlink.net>, "Jan Smutny
Jones" <smutny@iepa.com>, "Steven Kelley" <steven@iepa.com>, "Katie Kaplan"
<kaplan@iepa.com>, "Andy Brown" <ABB@eslawfirm.com>, "Chris Ellison"
<CTE@eslawfirm.com>, "Doug Kerner" <dkk@eslawfirm.com>
		 Subject: Agenda for Today's Lobbyist Conf Call

Below is the agenda for today's IEP member company lobbyist conference call
at 2pm.  I expect this to be a short one, since it is intended to make sure
everyone is on the same page with the week's ongoings, and share information
on events scheduled and not scheduled for next week.

Please call (800) 403-2013 and use code: 207814.

-- SB 28x (Sher)
-- SB 1x (Soto/Scott)
-- AB 60x (Hertzberg)
-- Next week's events
-- IEP PR Update
-- Other items???

Julee Malinowski-Ball
Senior Associate
Edson + Modisette
916-552-7070
FAX-552-7075
jmball@ns.net


Managers,

We have still have open slots for the following desks:

WEST
Laura Lapera - Pacific Gas & Electric	DECLINED
Bud Almond - Williams Energy		DECLINED

CENTRAL
Trennis Curry - KinderMorgan		DECLINED
Jan Matson - Nipsco			DECLINED

If you plan on replacing them with another customer, please let me know no later than Friday, June 29, 2001 by 12pm.
If you plan to move employees around from July to August, please call me asap and advise!!!

Attached is our Guest List and the details that we have collected thus far.

Thank you,
Heather & Alex


GT,   Great party.  Looking forward to the next one already.

I think I left my cell phone charger in your apartment on your table.  If I
did, just hold it.  I'll be back for Rice and pick it up then.  If not, I
must have lost the damn thing somewhere else.

Later,  G$


don't know about the relationship with dave,  you'll have to work on that one.

i will talk to stan, but i can't believe he has any interest in developing
power plants anywhere.

Portland General did just get a dash approved for building about 45 mw in
oregon.  Stan Horton called me about it, and he was going to have someone in
Portland (i'll remember the name in a minute)  call tim belden about our
fundamental analysis of the region.
Stan also mentioned the there is an unregulated side of PGE that is enterring
into these transactions.  He wondered if that part of PGE should belong in
EWS.  Talk to tim and we'll decide how to approach that next week.

From: John J Lavorato/ENRON@enronXgate on 06/05/2001 10:14 AM
To: Greg Whalley/HOU/ECT@ECT
cc:
Subject: FW: Enron Everywhere

Fun Fun Fun

 -----Original Message-----
From:  Calger, Christopher F.
Sent: Wednesday, May 30, 2001 11:20 AM
To: Lavorato, John
Subject: Enron Everywhere

John,

I hate to whine, but...

EES:
Duran and I talked with Delainey yesterday.  It seems as though we are
setting up one centralized trading/risk function but we will have overlapping
origination functions.  I am sure I can work with whatever arrangement you
make with Dave, but it seems as though we will be tripping over each other in
the market.  Industrial coverage seems easy, but they want to call on IOU's
and Munis in order to buy customers.  These are fundamentally large,
structured short positions that are very similar to what we have been and are
pitching.

Transport/Operations:
Eric Gadd came back from London and reports to Stan Horton.  He heads up an
Asset Development group that is focusing on, among other things, power plant
development in the southwest.  This sounds crazy - do you want to call Stan
or should I?

Portland General:
They are developing generation in Oregon that is competing with one of our
projects.  No one in RAC has heard of this yet.  Not a big deal, I will call
Peggy Fowler, but thought you should be aware.

Regards,

Chris


The July PC Application Classes have become available for registration through the InvestInMe Website.  You will find more information attached.

Attached is the July Calendar.

http://home.enron.com:84/messaging/julycalendar.doc

Attached is the Course Descriptions for each class.  Please note: most courses have prerequisites.

http://home.enron.com:84/messaging/coursecatalog.doc

To Register, login through the InvestInMe website, http://www.corptraining.com/index.cfm?company=enron.  Click on the PC User Training Category and locate the class you wish.  If you have any questions, please call 713 853-1816.


I am doing a reconciliation on Hafslund Energy Trading for the period of November 01 thru March 03, other than December 01 all months agree.  I placed an entry in to DMS # 12596 to cover December 01.  EPMI is showing a net payable to Hafslund of $93,420, the invoice from Hafslund shows EPMI owing $66,000 for the period.  Rebecca Grace stated that a reconciliation of the scheduling sheets for December 01 is being done and this difference may be a scheduling issue.  She also stated the reconciliation will be a long process and if I supplied the carp report showing deal detail that it may help.

Thanks,

Mark


We have recevied the executed EEI Master Power Purchase and Sale Agreement
dated 1/22/2001 from the referenced CP.  Copies will be distributed to Legal
and Credit.


MilePoint Newsletter

[IMAGE]	[IMAGE] [IMAGE]  SkyMall.com  LEGO Train   Retail: $210.00  Your Price with miles: $168.00  Miles Redeemed: 2,100  You Save $42.00 SkyMall.com  Orvis Artic Fleece Robe   Retail: $89.00  Your Price with miles: $71.20  Miles Redeemed: 890  You Save $17.80 SkyMall.com  T Shipley Leather Palm V Case   Retail: $125.00  Your Price with miles: $100.00  Miles Redeemed: 1,250  You Save $25.00 SkyMall.com  Smith & Hawken Copper Birdbath   Retail: $98.00  Your Price with miles: $78.40  Miles Redeemed: 980  You Save $19.60 November 20, 2001  Use Miles to Pay for 20% of Your Holiday Purchases at SkyMall!      Holidays are a time for giving. Whether you are looking for that perfect gift for someone special or a treat for yourself, SkyMall and MilePoint can help. This Holiday season, you can use your miles at MilePoint to pay for 20% of your purchases with SkyMall retailers. SkyMall features many of your favorite online stores, including LEGO, Orvis, T Shipley, & Smith & Hawken plus many more!   Just log in at www.milepoint.com  and click on the SkyMall logo to start shopping. This exclusive offer is available now through December 28, 2001. Please place your order before December 15th to ensure delivery by December 25th.   Shop today and let SkyMall help make your holiday shopping a breeze.       * Note: Supplies are limited. Prices are subject to change without notice and do not include shipping.  With the exception of the Hammacher Schlemmer Bose Wave Radio & CD, the note "This item cannot be discounted." found on the SkyMall Web site under merchant "Item Notes" does not apply to MilePoint and the use of miles toward the purchase price.   Have you changed your e-mail address? Be sure to keep your personal information current. After logging in at www.milepoint.com , click on "My Account" and then go to "Personal Information" and update your e-mail address.   MilePoint.com presents the above message on behalf of a promotional partner. We strongly believe in the preservation of your privacy and as such do not reveal your name, address, e-mail or any other personal information to any third party. For more information on our privacy policy, please click here .   We hope you appreciated receiving this message. However, if you'd prefer not to receive future e-mail communications of this kind from MilePoint, please click "Reply" and type "Remove" in the subject line.   All trademarks are the property of their respective owners.   Copyright ?2001 MilePoint, Inc.   [IMAGE]       [IMAGE] 	[IMAGE]
[IMAGE]	[IMAGE]	[IMAGE]
		[IMAGE]


In addition to the Philadelphia Gas Works contracts, could you also look for a Husky Oil Operations Limited with ENA dated September 1, 1999.  Thanks.


---------------------- Forwarded by Don Miller/HOU/ECT on 08/15/2000 02:50 PM
---------------------------
From: Eric LeDain on 08/14/2000 05:00 PM MDT
To: Don Miller/HOU/ECT@ECT
cc:
Subject: Target list for sale of Moore Power Plant

Don,
Here's our target list for the sale of Moore with notes, as discussed.


okey dokey


Bill Armentrout w/TCO gas control approved an additional 15,000 overinjection
for 6/3-5.
  For a total net 95,000dth into storage.

thanks
joann
---------------------- Forwarded by Joann Collins/Corp/Enron on 06/02/2000
10:34 AM ---------------------------

	Enron North America Corp.

	From:  Joann Collins                           06/02/2000 09:46 AM

To: Dick Jenkins/HOU/ECT@ECT, Chris Germany/HOU/ECT@ECT, Joan
Veselack/Corp/Enron@ENRON, Robert Allwein/HOU/ECT@ECT, Scott
Goodell/Corp/Enron@ENRON, Victor Lamadrid/HOU/ECT@ECT
cc:

Subject: STOI Overinjection for June 3-5th

Bill Armentrout w/TCO gas control approved 32,000 overinjection for 6/3-5.
  Total net 80,000dth into storage.

thanks
joann


Randy, do we still need to meet?  If so work with Ava on a time and date.  Thanks. Lynn

 -----Original Message-----
From: 	Janzen, Randy
Sent:	Thursday, October 18, 2001 10:56 AM
To:	McCarran, Penny; McDaniel, Janet; Blair, Lynn; Kowalke, Terry; Buchanan, John
Cc:	Janzen, Randy
Subject:	Meeting to discuss problems with Amarillo Natural Gas

Penny and Lynn,
I would like to set a meeting for us to discuss a problem that has developed with Amarillo Natural Gas deliveries at POI 62119 - CRI Seaboard and POI 78158 - Circle Land & Cattle.  Due to the rules that govern the Bushton Universe, Amarillo Natural Gas is not able to find gas to purchase at the receipt points that are labeled for these deliveries.

Randy Janzen


Just got your email!!  I put both meetings on your calendar with the reminders that pop up  :o)

Good night!!
Laura

 -----Original Message-----
From: 	Martin, Thomas A.
Sent:	Monday, February 04, 2002 3:59 PM
To:	Vuittonet, Laura
Subject:

Laura,

Did you get the time for my interview of the meteorologist tomorrow?  Also I plan to attend the Gas Fundamentals presentation tomorrow afternoon from 2-4 if you can send me a reminder.

Tom


Hello Sue:

What time would Steve need to be there and what time can he leave?  I need to
start thinking about flights.

Thanks !!

From: Susan M Landwehr on 05/20/2001 09:35 PM
To: Steven J Kean/NA/Enron@Enron
cc: Richard Shapiro/NA/Enron@Enron

Subject: Re: Gov Geringer meeting

Steve--unfortunately, I really do need you to do this one.

	Steven J Kean
	05/17/2001 12:04 PM

		 To: Susan M Landwehr/NA/Enron@Enron
		 cc:
		 Subject: Re: Gov Geringer meeting

I'd prefer to skip.  How big of a problem would that be?

From: Susan M Landwehr on 05/14/2001 03:09 PM
To: Steven J Kean/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron
cc: Maureen McVicker/NA/Enron@Enron, Ginger Dernehl/NA/Enron@Enron, Paul
Kaufman/PDX/ECT@ECT

Subject: Gov Geringer meeting

Steve/RIck ---as you may be aware, Governor Geringer personally asked Ken Lay
to come to the kick off meeting of the Wyoming Energy Task Force, a group
that was created by legislative mandate last month.  The meeting is on May
30th in Cheyenne.  Mr. Lay told the Governor that he would not be able to
make it on that date, but promised that a senior Enron exectutive would be
there.  I spoke with Governor Geringer's staff person again this past week
and was hoping that Paul Kaufman could be the senior executive, but no such
luck (unless you give Paul a huge new title!).

In talking with Maureen I understand that you have a previous conflict Steve,
but I am hoping that you can review your calendar to see if you could make an
adjustment in order to meet the request of the Governor.  Your speech would
be in the morning--I've been told about 9 o clock or so---which would allow
for you to leave by noonish.

I


Dear 1-800-FLOWERS.COM Customer,

There's still time to send one of our exquisite floral arrangements to let
family and friends know you're thinking of them.  Don't wait to order - your
heartfelt holiday gift will be there to celebrate Thanksgiving - even if you
can't
be!http://www.1800flowers.com/cgi-bin/800f/collection.pl/emwwth/17/0/0/1/0/0
Our breathtaking Autumn Celebration Centerpiece, a Thanksgiving favorite, is
a wonderful way to accent a loved one's special feast.  Order this elegant
centerpiece
today!http://www.1800flowers.com/cgi-bin/800f/product.pl/emwwa/1401Visit us
today at www.1800flowers.com, or find us at AOL keyword: flowers.
Our door is always open to help you find just the right gift for all of your
occasions!http://www.1800flowers.com/cgi-bin/800f/enterstore.pl/emwwthAll the
Best,

Your friends at 1-800-FLOWERS.COM

You received this email because you are a 1-800-FLOWERS.COM customer. If you
would no longer like to receive these emails, please send an email to
1800Flowers@shop2u.com and indicate that you would prefer not to receive
further emails from us about our products. Please do not reply to this
message.1800Flowers@shop2u.comThe 1-800-FLOWERS.COM privacy policy is
available online
athttp://www.1800flowers.com/flowers/security/index.asp#privacyFor questions
about an order, please email us at custservice@1800flowers.com*Exclusive of
applicable service, shipping, handling, and relay charges and
taxes. Offer may vary and is subject to availability, delivery rules and
items. Void where prohibited. (c)2000 1-800-FLOWERS.COM.

[IMAGE]


I spoke to Stephanie and anytime between 9-11 am or after 3:30 pm would be
fine for us.  Just let us know.

	Esmeralda Gonzalez/ENRON@enronXgate
	03/23/2001 04:36 PM

		 To: Stephanie Panus/NA/Enron@Enron, Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: Meeting with Mary Cook

Mary Cook asked that I schedule a meeting the week of the 27th for
approximately 30 minutes to meet with you.  Please let me know what day and
time would best work for you.

Thanks.

Esmeralda Gonzalez
Enron North America Corp.
Legal Department
1400 Smith Street, EB 3815
Houston, Texas 77002
e-mail: esmeralda.gonzalez@enron.com
Phone: 713-345-7621
Fax: 713-646-3393


Earl,

James McKay referred me to you for information regarding historical
throughput numbers on HPL.  Ed Gottlob and I are looking at ways to hedge the
pipe and need this data as far back as can accurately be obtained.

Thanks,

Eric


Dear Mr. McBride,

Thank you for the invitation.  Your e-mail doesn't indicate what date you
will be meeting with Mr. Carter; however, Mr. Skilling is traveling and will
be out of the office until Thursday, March 29.  Therefore, on behalf of Mr.
Skilling, I am declining his attendance.

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

"Kenny McBride" <mcbride@fms2000.com> on 03/12/2001 11:57:44 AM
To: <Jeff.skilling@enron.com>
cc:

Subject: Financial Market Solutions

Dera Mr. Skilling,

Just a short e-mail to invite you to a meeting that I will be having with
Carl Carter in your on-line development team at 1.00pm on the 27th floor in
your offices located at 1400 Smith.

Financial Market Solutions (FMS) is a leading financial software company
located in Bellevue, Washington. The company is dedicated to the development
and implementation of Internet-based trading solutions for institutions in
the global financial marketplace.  The central component of all FMS
solutions is the Universal Trading Platform (UTP), which is a dynamic
web-based platform that enables unlimited numbers of simultaneous users to
access the system and execute trades on a fully automated basis. This basic
premise distinguishes FMS from other solution providers and gives our
clients the ability to more effectively manage the liquidity of multiple
users, trading over the Internet on a single platform. The UTP has been
fully developed as a complete Foreign Exchange dealing system, however, the
same platform can be used for transactions in any tradable financial
instrument.

FMS has employed a team of expert software designers and technicians as well
as experienced professionals from the financial markets, who together have
designed and developed the UTP to transform the way the FX product is
delivered to end-users. The platform is equally suited to the needs of large
institutional users as well as retail investors. The FMS system, using the
latest technology, is the most advanced on-line trading system available
today and will likely shape the FX business model of the future.

We have made some majorprogress over the last 15 months and are poised to
announce some key relationships that will have a mojor impact in the FX
industry.

I understand that you are very busy, and that this invitation is unsolicited
but as they say nothing ventured nothing gained.

Kind Regards,

Kenny McBride
V.P. Marketing
Financial Markets Solutions, Inc.
2820 Northup Way, Suite #201
Bellevue, WA  98004
U.S.A.
Office: 1-425-827-1262
Fax:    1-425-827-3432
Cell:   1-425-941-3725


Kate:
A few points about the last draft of the Agreement:

(1)  Par. 1(a):  the transfer and assumption is effective as of March 16,
2001 and not as of the Collateral Return

(2)  Par. 1(d):  the parties have already agreed to use one set of
spreadsheets

(3)  Par.  3:  the ML&Co. guaranties are not being released because there are
existing deals in place.  The guaranties will only be released as to the
transferred Transactions

(4)  Par. 6:  conform language to side letters

(5)  Par. 8:  Please delete the last two sentences.  Enron will agree to be
silent as to court actions, costs and attorneys fees.

Please call at 713-853-5620 (Sara) or 713-853-1794 (Janice).  Regards.


Please note on 10/24/01 West Power lost approximately $7.4MM (preliminary) primarily from Curve Shift (-$7.5MM).

We lost curve shift mostly in NP15 (peak in 02' and 04') and SP15 (peak and offpeak 01'~ 03', 07'~10').  Please see the attached file for curve shift by delivery point by year.

Please let me know if you have any questions.

Thanks,

Fran Chang
503.464.7973


whatever.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 19, 2001 8:54 AM
To:	Nelson, Michelle
Subject:	RE:

im only kidding

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 8:54 AM
To:	Maggi, Mike
Subject:	RE:

whatever.  that is rude.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 19, 2001 8:52 AM
To:	Nelson, Michelle
Subject:	RE:

i know, you have a big mouth

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 8:51 AM
To:	Maggi, Mike
Subject:	RE:

nope. she is out all week.  that could be a good thing.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 19, 2001 8:50 AM
To:	Nelson, Michelle
Subject:	RE:

so is kori in today

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 8:49 AM
To:	Maggi, Mike
Subject:	RE:

good.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 19, 2001 8:48 AM
To:	Nelson, Michelle
Subject:	RE:

actually she wasnt mad at all

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 8:46 AM
To:	Maggi, Mike
Subject:	RE:

i was sick all weekend.  i didn't get out of bed until 7pm on saturday.  i watched a movie and went back to bed at 9.  yesterday i finally got out of bed at 1 and we went and looked at cars and stopped by the lovely outlaws.  so mine was boring.  how were things friday when you got home?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 19, 2001 8:44 AM
To:	Nelson, Michelle
Subject:	RE:

it was ok, i didnt really do anything, how about you

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 8:43 AM
To:	Maggi, Mike
Subject:	RE:

it's ok.  i guess.  everything is backwards and i can't get used to it.  i was up there earlier.  i didn't see where you guys are sitting.  how was your weekend?
 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 19, 2001 8:41 AM
To:	Nelson, Michelle
Subject:	RE:

terrible, yours?

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 8:40 AM
To:	Maggi, Mike
Subject:	RE:

yes, why wouldn't we be?  how is your new desk?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 19, 2001 8:39 AM
To:	Nelson, Michelle
Subject:

so are we still talking


The below listed Delaware limited partnerships that were formed but never utilized are being considered for dissolution.  Please let me know by Wednesday, December 5, 2001, if there is any reason not to terminate.  If I receive no responses, we will proceed with dissolution.

EGC 1999 Holding Company, L.P.
EGC 2000 Holding Company, L.P.

Kate B. Cole
Director, Corporate Services
Enron Corp.
Tel: (713) 853-1624
Fax: (713) 646-8007
Email: kate.cole@enron.com


Kev-it certainly sounds like you have alot on your hands with the house, but
i'm sure it will all work out.  Maybe you can call rabbit to come and do some
renovation work.  after all, he did spend his entire sophomore year building
the brothers bar!!  Or maybe give marro a call-he was the house manager and
pretty good with his hands.  Or better yet, give morgante a ring.  he won't
show up, but he'll take your wife out for a date.  By the way,
congratulations on getting married!!  Next time you come to NJ I'll give you
your present (it's on ice, don't worry)
    Yes I am still dating beth.  It's a little tough with the distance (as
i'm sure you can understand), but we do the best we can and when we see each
other it's always great.  We actually spent new year's down in mexico.
Matter of fact i picked up the rest of my pictures the other day and quickly
proceeded to become depressed at the fact that i am here and not there.
Needless to say we had a great time.  You know, we are figuring on taking a
trip sometime in the spring, maybe vegas.  it would be unbelievable if you
and lisa could meet us.  Or maybe we can even visit you guys.  let me know.
    I saw sweets new office recently.  He and i had lunch.  I'll tell you
something, he is such a great guy.  everytime i call him for anything, no
matter how long it's been since i've talked to him, he always acts like i
just spoke with him.  I have to fax you the letter he sent to me last year.
It was fucking hilarious.  Anyway, the office is great and i met one of his
new partners.  i'm sure they will do excellent there.
    I hope work is going well.  I'm keeping my eye on enron.  they are always
in the NY Times with some sort of inventive stuff that they're doing.  It
looks like a pretty cool company.  I also have a mutual fund that invests
heavily in the company.
    My work has been extremely hectic, but things couldn't be better.  My
partner pete and i merged our office with another guy on January 1 and now we
are a 3 partner firm.  We bought a building in Hawthorne and we close on
April 1.  I'm looking forward to getting into the building soon.  We have to
wait though for some renovations to be done.  But it should be pretty
exciting.  It's  a victorian house and it's a real nice setup.
    The only other person i have seen recently is coun.  He and Chris met
Beth and i for lunch a couple of weeks ago at the short hills mall.
Oh-before i forget, my number at work is (973) 569-0888.  Give me a call
soon, and give me your work number as well.
    Oh one last thing, give me moller's e-mail address if you have it.  And
something else, let me know next time you guys are road tripping to louisiana
or wherever else.  i am definitely in.
    Well take care, definitely stay in touch and by all means give the former
Ms. taggart my best.  It was great hearing from you.

-Ricigs


pls print.  thanks df
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 07/17/2000
04:55 PM ---------------------------

07/17/2000 04:55 PM
Louis Soldano
Louis Soldano
Louis Soldano
07/17/2000 04:55 PM
07/17/2000 04:55 PM
To: Michael Moran/ET&S/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON, Dorothy
McCoppin/FGT/Enron@ENRON
cc: lsoldano@wt.net

Subject: Re: 2001 consolidated Legal Budget

gents - the figures are looking better.   a few more rounds and we'll be a
profit center....

Eric and I will put something together on a company by company basis for our
discussions....
---------------------- Forwarded by Louis Soldano/ET&S/Enron on 07/17/2000
04:46 PM ---------------------------
JAMES
WEITEKAMP
07/17/2000 03:11 PM

To: Louis Soldano/ET&S/Enron@ENRON
cc: Eric Benson/ET&S/Enron@ENRON

Subject: Re: 2001 consolidated Legal Budget

Attached is the latest version of the 2001 Budget.

07/17/2000 03:06 PM
Louis Soldano
Louis Soldano
Louis Soldano
07/17/2000 03:06 PM
07/17/2000 03:06 PM
To: James Weitekamp/GPGFIN/Enron@ENRON
cc: Eric Benson/ET&S/Enron@ENRON, Michael Moran/ET&S/Enron@ENRON

Subject: 2001 consolidated Legal Budget

James - if you could run the consolidated adn return to eric and myself as we
discussed.

I'm not 100% comfortable with CE and i will continue to work on it....thx!!


Your recollection is correct.  However, I got the disturbing sense that FERC
would have pounded NGPL for setting the recouse rate a penny higher than the
negotiated rate reserve price.  Lets talk MOn. on whether we are still OK on
the ENA deal.  Thanks. DF

	From:  Mary Kay Miller                           12/17/99 05:20 PM

To: Drew Fossum/ET&S/Enron@ENRON
cc: Dari Dornan/ET&S/Enron@ENRON, Maria Pavlou/ET&S/Enron@ENRON, Shelley
Corman/ET&S/Enron@ENRON

Subject: Re: ENA Deal

I think the major difference is that in NGPL"s as I recall, they set the
recourse at max while the other negotiated rate was significantly lower.  We
did not set the recourse at max--  MK

	From:  Drew Fossum                           12/17/99 03:28 PM

To: Dari Dornan/ET&S/Enron@ENRON, Mary Kay Miller/ET&S/Enron@ENRON, Maria
Pavlou/ET&S/Enron@ENRON, Shelley Corman/ET&S/Enron@ENRON
cc:

Subject: ENA Deal

I read Wednesday's NGPL order (RP00-18-002) as applying only to NGPL due to
their unique restrictions and tariff rules.  I do not read it as forcing the
rest of the industry (i.e., us) to use the floor rate as the reserve price
for negotiated index rate bids and ordinary recourse rate bids.  I think we
can still determine the reserve price on a prearranged deal like the ENA deal
based on our good faith valuation of the upside provided by the index
mechanism.  I.e., on that type of deal, we can determine that the index
mechanism is worth "x cents" to us and require a discounted recourse rate
bidder to bid more than the floor plus x cents to win.  Agreed?

Note that NGPL whined that the unique rules they are subject to place them at
a competitve disadvantage to the rest of the industry (i.e., us) on this
issue.  The commission didn't say anything about that, implying to me that
the rest of us are still free to do what NGPL cannot do.   DF


oh yeah.  he doesn't sound like a lot of fun - if you catch my drift.  what
are you guys doing for the bachelorette party?  if you need entertainment i
might be for hire.  i would totally give those chicks a thrill.


Received your message.  Do we want to file a response to PNM's protest?  It
basically contains the same arguments they launched at our 637 filing, and we
did not file an answer to that.


The Commercial Group has asked whether they can sell daily firm for longer
than a 3-month period.  This phrasing is of course misleading; TW's daily
firm contracts are always for a term of just one day, but renew for
consecutive one-day terms unless terminated.  The discount letter, on the
other hand, grants a discounted rate for each of the one-day terms for a
certain period of time (typically one month).  Steve Harris wants to be able
to "sell daily firm for a one-year period."  In contractual terms all this
would mean is that the contract is for renewabable one-day terms (as usual),
and the discount applicable to such terms would be effective for one year.  I
see no problem with this, do you?  (Apparently the current perception in
marketing is that regulatory/legal was limiting daily firm to a 3-month
period.)