USCAA Track & Field Championships, June 9, 2001
The Enron Running Club is seeking runners, sprinters, discus & shot put throwers, and high jumpers & long jumpers to compete in the annual USCAA Track & Field Championships on Saturday, June 9th at Rice University.  Participate in co-ed track relays & field events of all ages and abilities; showcase your energy and talents in a challenging, competitive, and fun environment; participate in an Enron tradition since 1994; experience teambuilding and camaraderie like never before!  For more information or to sign up, contact Cindy Richardson at x3-4770 or sprint to:  http://home.enron.com:84/erc/index.html

Heights Fun Run 5K
Join the Enron Running Club at the Heights Fun Run 5K benefiting The Houston Heights Association's Community Projects scheduled for Saturday, June 2nd.  If you're interested in running or volunteering your time, please contact Cindy Richardson at 713-853-4770 or Kelly Lombardi at 713-345-5841.  For more information, run to: http://home.enron.com:84/erc/index.html.

Dad's Day 5K
Join the Enron Running Club at the Dad's Day 5K and 1 Mile Family Walk benefiting The Prostate Cancer Research and Awareness scheduled for Saturday, June 2nd.  If you're interested in running or volunteering your time, please contact Cindy Richardson at 713-853-4770 or Kelly Lombardi at 713-345-5841.  For more information, run to: http://home.enron.com:84/erc/index.html.

Stop by for some Texan BBQ, fresh air and Entertainment at Antioch Park

The Assist The Officer Foundation (ATO), a non-profit organization working independently,  is inviting all Enron employees to come by Antioch Park  on Friday, June 1st from 11am - 1pm and enjoy a delicious plate of BBQ for only $5.  Come and listen to the tunes of KRBE with Gabe, their mobile DJ, and raffles with many prizes will be given away.  Raffle tickets will be $2 each or 3 for $5.  ATO is dedicated to assisting Houston peace officers injured or disabled in the line of duty.  Please come out and support your local law enforcement professionals.

The Caladium plants that are in the huge plant pots throughout the Plaza are going to be replaced and will be available for purchasing on Monday, June 4th for $4.00 in the Plaza by the up escalator from 11 a.m. to 12 p.m..

Join us in Dublin or Honolulu ----Joints in Motion is a marathon training program for walkers and runners that is aligned with a fundraising effort for the Arthritis Foundation.  The Dublin Marathon will be held Oct. 29 and the Honolulu marathon will be December 9.  Please call for more information at 713-529-0800.

Volunteer for the Boys & Girls Club Summer Camp Weekends!!!
Kevin Hannon, Boys & Girls Club board member, invites you to join Enron employee John Cote at a Boys & Girls Club summer camp who is looking for commitment from a FEW GOOD ENRON MEN AND WOMEN:

WHAT: 		2nd Annual Houston Boys and Girls Club / Enron Summer Camp Weekend (2 camps)

WHEN:  	Boys Camp
		Friday afternoon (3:00 - 6:00pm), June 22 through Sunday afternoon, June 24
		--OR--
		Friday afternoon (3:00 - 6:00pm), July 20 through Sunday afternoon, July 22

		Girls Camp
		Friday afternoon (3:00 - 6:00pm), July 6 through Sunday afternoon, July 8
		--OR--
		Friday afternoon (3:00 - 6:00pm), July 13 through Sunday afternoon, July 15

WHERE:	Willis, TX (75 minutes from downtown Houston -- just north of Conroe)

WHO: 		6-8 counselors per camp to chaperone 75 boys (ages 7-16)

HOW: 		Share all sports activities, including canoeing, hiking, fishing, organizing a talent 			show/bonfire/ghost stories, obstacle course, water balloon fights, softball, basketball, 		archery, football, etc.  (Cooking and clean-up covered by the Houston Boys Club staff.)

CONTACT:	John A. Cote at ext. 33830

SPREAD THE WORD.  SPOUSES & OFFICE COLLEAGUES WELCOME.
LAST YEAR'S CAMP WAS A HUGE SUCCESS!

Volunteers Needed for Bring Your Child to Work Day!

Bring Your Child to Work Day is Friday, June 29

Please email Jennifer Milligan if you are interested in volunteering and indicate your preference in the below activities:

Registration Table
Houston Police Dept / Stranger Danger / Fingerprinting
Outdoor Activities (SPCA pets, Balloon King, kids crafts, etc.)
Business Etiquette class
Business Art (kids' resumes, etc)
Lunch ticket sales/coordination (in Antioch Park)

The Enron Running Club and the Houston Corporate Athletic Association are seeking volunteers to assist at the annual USCAA Track & Field Championships on Saturday, June 9th at Rice University.  There are many volunteer opportunities requiring little or no experience including timers, scoring, lane judges, cheering on athletes and more!  We are looking for employees, families and friends that can contribute a few hours or who are willing to spend the day benefiting a great cause.  If you are interested or would like more information, please contact Kelly Lombardi at x3-8491.

Many volunteers are needed to help with the planned activities for the Enron Children on June 29th.  If you're interested, send your name and phone extension to workperks.enron.com.

Support KidSave and Help Miracles Happen. Every Summer.

Kidsave's  Summer Miracles Program enables orphaned children ages 5 to 11 to travel to the  US and Canada, live with families and attend day camp. The program gives  families who may be concerned about the problems of adopting an older child a chance to meet, get to know and in the best-case scenario, fall in love with a  child. The program gives prospective parents an opportunity to see and evaluate  first-hand the challenges and rewards of adopting an older  child.

In 1999 and  2000 Kidsave and adoption agency partners placed 432 children - 96 percent of  children who participated in the program. Generally, 85 to 90 percent of  children who participate in the program find homes easily through the program.  The remaining 10 to 15 percent require more work.

Kidsave  believes every child deserves a family. We are committed to placing all children  who participate in the Summer Miracles Program in permanent families or  family-like environments.

We are looking  for families to host children, and for others who want to help us make the camp  program happen for these 250 children.   As a non-profit organization, Kidsave depends on donations to raise the  money to bring these children here and find them families.  Please call Tonya Hoppe at 281.286.8948  or tonya@tonya.cc to get involved in Houston's  Kidsave program.

Find Out how to Join The Downtown Club May 29 & 30!
The Downtown Club (formerly The Met-Business & Sports Club)Membership representatives from The Downtown Club will be in the Enron Plaza Tuesday-Wednesday, May 29-30, from 11 am - 1 pm to discuss membership, the new "Signature Gold" program (see attached file for more information), and a new membership referral program.  Don't miss out on this opportunity to join the Downtown Club or to upgrade your current membership.  As a reminder, a $200 initiation fee is required for new memberships.   For more information, contact The Downtown Club Membership Services department at 713-652-0700 or Georgia Fogo, ext. 3-5609.

http://home.enron.com:84/messaging/siggoldcourses.pdf

Enron and Kidventure Camps are proud to bring you Camp Enron Summer 2001.  Celebrating our third year, Camp Enron  will once again be providing summer camp for children, ages 5-13, of Enron employees and contractors.

This year, camp will be May 29-August 10.  Ten, one-week sessions will be  available and families may choose to attend any or all sessions.  Each camp week is Monday through Friday.

The cost is $150 per week and includes all transportation, field trips and activities.  A deposit of $50 per week is all that is needed to reserve your sessions.   The deadline to register is Monday, May 21.

To register, log on to: http://www.kidventurecamp.com/camp_enron.htm.   Spaces are limited.

Enron parents simply ride to work with  their children and check them in to the Energizer in the morning with the Camp Enron Team.  Enron Campers are loaded on Coach USA Buses and transported to our nearby camp. At the end of the day campers are brought back to the Energizer for parents to check out.

It's that easy!

For more information please contact:

web site: www.kidventurecamp.com
call Kidventure: 713.960.8989
e-mail: camps@kidventurecamp.com

Have News to Share?
To post news or events in Enron In Action, please e-mail your information to EIA@enron.com
no later than 12:00 noon the Thursday prior to the next Monday's mailing.


Robin,
I took a look at how the Exotics book is being pulled in and everything looks
fine with the exception of the Nymex equivalency factor for AECOUS.  Would
you be able to change the factor from 1 to .8 until March 2002.
Thanks
Kathy

Robin Rodrigue
07/17/2000 06:39 PM
To: Kathy Reeves/CAL/ECT@ECT, Nicole LaPorte/CAL/ECT@ECT
cc:
Subject: Re:

Sorry it took so long.

Robin


Kay,

I like the changes to the Option Agreement, but do not really like the form
of Memorandum of Option as it is not consistent with the form of Memorandum
we have used in the past and in my opinion is deficient for recording
purposes.  Please check out the one attached, which is the form we have
typically used for our prior Options (subject to minor changes according to
each state's recording requirements):

Kay Mann
05/18/2001 05:30 PM
To: Herman Manis/Enron@EnronXGate, Lisa Bills/Enron@EnronXGate, Roseann
Engeldorf/Enron@EnronXGate, Carlos Sole/NA/Enron@Enron, Ann Elizabeth
White/HOU/ECT@ECT, Ben Jacoby/HOU/ECT@ECT, Kathleen Carnahan/NA/Enron@Enron,
Greg Krause/Corp/Enron@Enron
cc:

Subject: Rev option form

I have revised the option form consistent (except where noted) with comments
sent by Herman and Lisa, and have attached a redline version.  Herman, I
dealt with your comment regarding the defn of Optionee by tinkering a little
with the 1st paragraph.  I also construed your comment regarding Enron's
right to terminate the option to NOT preclude termination if our counterparty
is in default.  Please confirm that this is acceptable.

Lisa, I did not change the notice info since the first entity will the the
project co, with ENA Legal receiving a copy.

Please advise if you have any comments.

Kay


no.  i was home before 10.  definately party tonight and golf tomorrow.

 -----Original Message-----
From: 	"Marcantel MM (Mitch)" <MMMarcantel@equiva.com>@ENRON
Sent:	Friday, November 09, 2001 9:26 AM
To:	Lenhart, Matthew
Subject:	RE: LSU Game Watch

Are you hurting this morning? Let me know what's going on tonight?

-----Original Message-----
From: Lenhart, Matthew [mailto:Matthew.Lenhart@enron.com]
Sent: Friday, November 09, 2001 9:12 AM
To: Hull, Bryan; kevin.a.boone@accenture.com; mmmarcantel@equiva.com
Subject: FW: LSU Game Watch

game is on tv tomorrow.

>  -----Original Message-----
> From: 	cathy.craven@us.cgeyc.com@ENRON
> Sent:	Friday, November 09, 2001 7:52 AM
> To:	cathy.craven@us.cgeyc.com
> Subject:	LSU Game Watch
>
> Watch the Tigers Maul Middle Tennessee State!
> LSU vs. Middle Tennessee State - November 10th, 2001 @ 7:00pm
> Since the game is only available via satellite, come out and watch the
> game
> at Woodrow's!
>
> (For those who can't make Woodrow's, Nick's Place will also show the
> game)
>
> (Note that parking will be available in the office building next door
> as
> well as the normal areas - coming from Richmond, go past the office
> building next to Woodrow's and take a right to get to the parking
> garage.
> Parking is available for cars and small SUV's - due to clearance
> restrictions, large vehicles are not allowed to park in the garage)
>
> Your Greater Houston LSU Alumni Chapter
> http://www.lsuhouston.com
>
>
>
>
>
>
>
> ______________________________________________________________________
> This message contains information that may be privileged or
> confidential
> and is the property of the Cap Gemini Ernst & Young Group.  It is
> intended
> only for the person to whom it is addressed.  If you are not the
> intended
> recipient, you are not authorized to read, print, retain, copy,
> disseminate, distribute, or use this message or any part thereof. If
> you
> receive this message in error, please notify the sender immediately
> and
> delete all copies of this message
>

**********************************************************************
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.
**********************************************************************


alejandro's id is achavez2
thanks.
PL

 -----Original Message-----
From: 	Trevino, Susan
Sent:	Friday, November 09, 2001 10:35 AM
To:	Love, Phillip M.
Subject:	RE: book access in ERMS

Phillip - I need login ids for everyone.

Thanks,
ST

 -----Original Message-----
From: 	Love, Phillip M.
Sent:	Friday, November 09, 2001 10:22 AM
To:	Trevino, Susan
Subject:	book access in ERMS

could you please grant access to myself and Ed Brady for the books that Alejandra Chavez currently has access.  This is for ERMS/PortCalc.  Thanks for your help and shout with any questions.
PL


I go away for a day and come back to yet another $40 million of PGE exposure.
I guess the lesson is to not go away. Where does this end? This is a painful
way to learn about derivative credit exposure. Please inform all "deal doers"
at EES that they better have RAC review their deals (Mercury) in detail
before they sign. This is more out of control than anything else we have at
Enron.

 Rick


? Hertzberg and Keeley announced that they are filing a petition with FERC to
rehear the April 26th decision regarding price caps.  After going to D.C. and
meeting with several FERC members, they decided to file for a rehearing.
Their filing asks that the order should be in affect around the clock instead
of just during Stage 1, that the actual costs be tied closer to the pricing
of the product, and anyone that exceeding the cost-based pricing system have
a 100% penalty.

? Hertzberg and Keeley had a press conference today at 1:30 PST.  Questions
included the impact of today's ruling and how it would affect Plan B,
Hertzberg replied he was not sure.    He also indicated that they support the
Feinstein bill and if the lawsuit or the rehearing efforts do not work,
legislation is the last chance for price caps.  Hertzberg also indicated that
he was getting to the point where CA "may just say no to prices that are too
high" (via buyer cartel).


In an effort to streamline the corporate center and in recognition of the
growing capabilities of Enron,s regional Wholesale Business, Global Asset
Operations will be reorganized effective 1 May 2000.  Our current Global
Asset Operations functions will be decentralized and become a business unit
responsibility.
Enron will continue to operate all of its facilities under standardized
guidelines and procedures and compliance will be monitored through a formal
audit program as in the past.  However, our Wholesale Business Units will
assume responsibility for operation and management of their specific power
plants and other assets.
Operational Energy Corporation (OEC) will become the Enron Corp &Center of
Excellence8 for power plant operations.  The Gas Pipeline Group is the Center
of Excellence8 for pipeline operations.  OEC will reside in Enron North
America.  Jim Noles will be in charge of this activity.  Mark Dobler will
lead operations; and John Cates will lead the Development Support Activity.
John Cates, organization will continue to provide O&M estimates and due
diligence assistance to business units.  John will specifically approve O&M
estimates for corporate risk assessment decisions.  Jim Noles and this new
group will report to the Office of the Chairman in Enron North America.
The Quality Management Group (Audit Function) will be assigned to the Gas
Pipeline Group (GPG).  Don Hawkins will continue to head Quality Management
and will report to Phil Lowry, Managing Director, Operations, GPG. In
addition to managing the global audit program, Don will continue his
responsibility for standardized policies and procedures, the Crisis
Management Program, ISO 9000 certification, the Positive Impact Program,
operational reporting, and the Asset Operations Website.
The Environmental Health and Safety (EHS) Group led by Henry Van will report
to Mike Terraso, Enron,s Chief Environmental Officer reporting to Steve
Kean.  As in the past, Henry,s Group will continue to provide environmental
and safety support to the regional business units.
Enron,s Wholesale Business Unit,s can now choose from a variety of services
provided by OEC.  These include full turnkey O&M services, O&M estimates, due
diligence, and technical support for planned and forced outages.  Business
units are encouraged to take advantage of these services as they operate and
maintain the power plants in their businesses.
Kurt Huneke will help transition the Asset Operations activity as discussed
herein, while dedicating his full attention to Enron Wind Company as its
Chairman and CEO.
Please join us in wishing these groups success.


Here is CERA's monthly forecast.  It is predicting October differentials at
Chicago of $.11.
---------------------- Forwarded by Lorna Brennan/ET&S/Enron on 09/18/2000
02:06 PM ---------------------------

webmaster@cera.com on 09/15/2000 10:33:24 PM
To: Lorna.Brennan@enron.com
cc:

Subject: CERA Monthly Briefing: Supply Anxiety - CERA Alert

**********************************************************************
CERA Alert: Sent Fri, September 15, 2000
**********************************************************************

Title: CERA Monthly Briefing: Supply Anxiety
Author: N. American Natural Gas Team
E-Mail Category: Alert
Product Line: North American Gas ,
URL: http://www.cera.com/cfm/track/eprofile.cfm?u=5526&m=1357 ,

Alternative URL:
http://www.cera.com/client/nag/alt/091500_16/nag_alt_091500_16_ab.html
*********************************************************

As the heating season approaches, a high*but justified*level of anxiety
regarding winter supplies is driving the gas market. As things stand, the
market
is headed into the winter exposed to a supply shortfall late in the winter
even
under normal weather conditions. This prospect has placed a floor on the gas
price at the price of residual fuel oil, itself priced in the mid- to upper
$4.00s
range. Gas prices moving into this range would begin to attract demand back
into the market, diverting supplies from storage and increasing supply
concerns
again. To the upside, there is little demand response to price until
industrial
demand lessens or the price of distillate oil, as of this writing near $7.00
per
million British thermal units (MMBtu), is breached. However, distillate
markets
themselves are extremely tight, and prices for that fuel would likely follow
gas
prices up. Within this range, prices are defined mainly by supply anxiety*the
market,s judgment of the likelihood of a supply shortfall, which would be
characterized by extreme pricing and volatility, and a difficult process of
supply
allocation by price.

By now, exposure to extreme price volatility this winter is certain. Although
CERA expects storage injections to increase by approximately 2.0 billion cubic
feet (Bcf) per day from August to September, this increase would still leave
inventories at record lows for this month and next. Even this increase in
injections will not occur if a tropical storm forces evacuation of offshore
platforms, or if hot weather returns.

For October, heating load enters the picture. With US supplies running close
to
year-earlier levels and imports slightly higher, demand priced out of the
market
will remain the key reason that storage injections increase at all from last
year,s
low level. As a result, although prices may close the month of September in
the
upper $4.00s per MMBtu, at the high end of the competitive range with resid,
any threat of interruption in supplies will quickly bounce prices upward
during
the remainder of September or in October. As the heating season begins,
therefore, CERA expects the reality of supply vulnerability for the winter to
result in the first ever monthly average price of $5.00 at the Henry Hub (see
Table 1) and the first of potentially many months at or above that price.

Gas Storage*New Record Lows
CERA estimates that storage inventories in the United States crossed into
record
low territory as of the end of August, when inventories of 2,233 Bcf fell
below
the previous 1996 record low of 2,245 Bcf (see Table 2). More records will
likely be broken in the coming months, and by widening margins. Injections for
September are expected to average 9.5 Bcf per day, an increase of 2.0 Bcf per
day from the August level but below last year,s pace of 10.3 Bcf per day.
CERA,s September estimate could be exceeded under mild weather conditions
with no tropical activity hitting the Gulf of Mexico, but injections would
likely
fall below the 9.5 Bcf per day rate should storm activity force evacuation of
platforms. This rate would leave US inventories at 2,518 Bcf at month,s end, a
record low by 87 Bcf.

For October, CERA expects a slight increase in the injection rate from last
year.
Injections of 5.5 Bcf per day on average this year would be enabled by demand
priced out of the market and by a lack of unusually cool weather or tropical
storm activity. October injections have varied historically from 4.0 Bcf per
day
(1989) to 8.5 Bcf per day (1998). Even if injections reached toward the upper
end of this range, the market would remain exposed to shortfalls during the
winter. At the expected injection rate, US inventories of 2,689 Bcf at the
end of
October would result in an end of March 2001 inventory level of 669 Bcf under
normal winter weather, 89 Bcf below the previous record low of 758 Bcf.

Regional Markets*Waiting for Winter
The pipeline explosion on El Paso during late August intensified the
subregional
pressures already at play in western gas markets. Cuts in pipeline flows
limited
access into California on the only pipeline route into the state with any
excess
capacity. The lack of supply pressured prices within the supply basins and
forced strong storage withdrawals in the California market. Although summer
power loads in California will ease and much of the El Paso capacity has been
restored, the race to improve storage positions before the onset of winter
heating
load will keep intense pressure on Topock prices. Differentials in the rest
of the
West will strengthen as local heating loads begin to absorb enough supply to
ease pipeline bottlenecks (see Table 3).

Differentials in the East, which have traded in a narrow range this summer,
will
likely reach slightly higher levels with the start of the heating season in
October.
However, exposure to pricing disconnects will remain low until later this
year.
CERA,s outlook by region follows:

* Rockies. Pipeline bottlenecks out of the Rocky Mountains
this summer should begin to ease as heating loads climb
during October. CERA expects that as local demand limits
pressure on pipeline capacity, differentials will narrow.
October differentials should average $0.50 per MMBtu.

* San Juan. The resumption of flows on El Paso,s southern
system, combined with production outages, has relieved
some of the access constraints on San Juan supply.
Seasonal declines in Rockies to Southwest flows and the
beginning of the heating season should narrow October
differentials to $0.35 per MMBtu.

* Permian and Mid-Continent. The continuing pull on
supplies from the West will support Permian prices, and the
Midwestern pull on supplies will support Mid-Continent
prices. CERA expects a differential to the Henry Hub of
$0.06 per MMBtu for Mid-Continent supplies and $0.11
per MMBtu for Permian supplies.

* Chicago. The delay in the in-service date for Alliance from
October 2 to October 30 will take some gas out of the
Chicago market next month. This delay, combined with the
need to build Midwest storage inventories, should sustain
the recent increase in differentials from the $0.05)$0.08
range to above $0.10 per MMBtu. CERA expects October
differentials at the Chicago citygate to average $0.11.

* Northeast markets. Gas prices near $5.00 have increased
the fuel cost of delivery from the Gulf Coast into the
Northeast, raising the floor level for differentials to near
$0.30 per MMBtu. The beginning of the heating season and
the lack of new capacity into the New York citygate should
support differentials above the floor during October, at near
$0.40 per MMBtu.

Canadian Markets*Outages Affect Supply
Outages have affected supply thus far in September. Both British Columbia and
Alberta have been affected, resulting in a further year-over-year decline in
Western Canadian supply. The various problems appear to be rectified, but the
average supply for the month is likely to be down 100 to 150 million cubic
feet
(MMcf) per day from September 1999.

Drilling has been adversely affected over the past several weeks by wet
weather,
but rig utilization is beginning to climb again to previous levels. More than
8,400 gas wells are expected for this year.

Slight Drop in Export Demand
Eastern Canadian demand is still down approximately 200 MMcf per day, with
cooler-than-normal weather reducing the need for air conditioning. In the West
however, cooler-than-normal weather has accounted for an increase in demand
for heating requirements of about 200 MMcf per day.
Exports are down slightly in September compared with September 1999, with
PG&E GT-NW off 110 MMcf per day. Northern Border is running even with
September 1999.

Storage Picture Brighter in Canada
Storage injections in eastern Canada have picked up, with inventories now
expected to reach the five-year average of 210 Bcf. In the West, inventories
at
the end of the injection season will not only be above the five-year level but
should be even with those of 1999, at 250 Bcf.

Wider Differentials Holding
After widening substantially in August to US$1.17, the AECO-to-Henry
differential has closed back to a more typical level of $0.60 in September.
September,s AECO price should average US$4.15 per MMBtu (C$5.79 per
gigajoule [GJ]), increasing in October to US$4.35 per MMBtu (C$6.07 per GJ).

**end**

*********************************************************
CERA's Autumn 2000 Roundtable event dates and agendas are now available at
http://www.cera.com/event
*********************************************************

**********************************************************************
Account Changes
To edit your personal account information, including your e-mail
address, etc. go to: http://eprofile.cera.com/cfm/edit/account.cfm

This electronic message and attachments, if any, contain information
from Cambridge Energy Research Associates, Inc. (CERA) which is
confidential and may be privileged. Unauthorized disclosure, copying,
distribution or use of the contents of this message or any attachments,
in whole or in part, is strictly prohibited.

Terms of Use: http://www.cera.com/tos.html
Questions/Comments: webmaster@cera.com
Copyright 2000. Cambridge Energy Research Associates


---------------------- Forwarded by Mark Taylor/HOU/ECT on 02/25/2000 02:19
PM ---------------------------
To: Edmund Cooper/LON/ECT@ECT
cc: gilbergd@sullcrom.com
Subject: Re: EnronOnline - Credit Product Documentation

Edmund:

Thanks for your voice mail and sorry for the delay, just a couple of
questions and minor points ont eh GTC -

In paragraph 1, the usual practice in North America would be for the executed
confirmation to control over other evidence.

Since online credit derivatives are not traded under our existing master
agreements, we need to make clear to the Credit Group that these positions
should not be included when they determine their rights to call for
collateral under the masters.

I'm not familiar with the fraud limitation towards the end of Section 6.  Is
this particular to credit derivatives?

With respect to the third paragraph of Section 9, we need to be aware that
these GTC's can be accepted by any EOL user while the ETA must be accepted by
the Mater User.  It is not entirely clear that all sub-users will have the
authority to amend the ETA.  Is the purpose of the second sentence to
"deactivate" master agreements that might otherwise control the transaction?
If so, in other circumstances where we needed to force the GTC to override a
master, we have taken additional steps to notify the affected
counterparties.  (I can't remember if we required that the counterparty
execute a side letter or if we just notified them that acceptance of the GTC
would acknowledge that the master did not control.)

I'm sure you guys have spent untold hours on the definition of Bankruptcy
Event, but I do want to point out that under US bankruptcy law it is
impossible to have an involuntary bankruptcy dismissed within 30 days.  If we
actually want the poor unsuspecting Reference Entity to have a chance to have
the case dismissed, 90 days might do it (I am told that the various periods
for notices and responses prior to the date a hearing may be held add up to
more than 60 days).

I'm uncomfortable with the use of the term "Month."  What would the Effective
Date be for a transaction entered into on December 30?  You could argue that
it is either the last day of February or the first or second day of March.
The ambiguity could be resolved by using a number of days and a business day
convention.

This is probably an issue for all of our derivatives  -  should we apply a
different interest rate to non-US$ payments?

It is Mark Haedicke's relatively unwavering policy that US. derivatives
trading agreements be subject to arbitration.  We rarely submit to the
jurisdiction of NY courts unless the counterparty is incorporated outside the
US.  Unless you have received a special dispensation from Mark, there is some
straightforward arbitration language in the ENA financial GTC.

Our other derivatives agreements contain confidentiality provisions - have we
decided not to include one here for a particular reason?

Again. sorry for the delay.  I will be here all week and happy to discuss any
of these points.

Mark

Edmund Cooper
02/15/2000 10:29 AM
To: "Brown, Gavin" <Gavin.Brown@SlaughterandMay.com>
cc: Paul Simons/LON/ECT@ECT, Sanjevwks@SlaughterandMay.com, Mark
Dilworth/LON/ECT@ECT, Mark Taylor/HOU/ECT@ECT, David Forster/LON/ECT@ECT,
Bryan Seyfried/LON/ECT@ECT
Subject: Re: EnronOnline - Credit Product Documentation

Dear Gavin,

Thanks for the latest drafts of the GTCs.

I have spoken with Paul about the comments on the GTCs from Tax in Houston,
and I have also spoken with Tax in London, and there are a few small changes
to the tax provisions of the GTC which London Tax feel appropriate.  I have
marked-up the proposed amendments and have also made a few other small
tidy-up changes as well.

I have made the changes to the US GTC (with collateral) and these changes
should be reflected in all the other GTCs EXCEPT that the amended references
to "the United States" in Section 11(B) should remain as references to "the
United Kingdom" in the non-US and non-Canadian GTCs.  Please let me know if
this is unclear.

Unless you have any comments on these revisions, please could you prepare
amended versions of the GTCs in anticipation of any final changes from local
counsel.

Many thanks,

Edmund.


Traded 11-13-00 Chris mallory
deal 457482 and 457481
Prebon shows 50 mw and we show 25 mw on each deal.
Can you check with Chris Mallory because when I checked out with Prebon we
confirmed the megawatts as 25mw on these deals.

Thanks


It is with sadness and regret that we announce that Cliff Baxter is resigning as an employee of Enron.  We are happy, though, that Cliff's primary reason for resigning is to spend more time with his family.

Cliff is a unique talent.  His creativity, intelligence, sense of humor, and straightforward manner have been assets to the company throughout his career.  He will be missed.

Cliff joined Enron in 1991 and was a key member of the team that built Enron's wholesale business.  Before becoming Vice Chairman of Enron, Cliff served in a variety of positions in Enron's wholesale businesses, culminating in his appointment as Chairman and Chief Executive Officer of Enron North America in 1999.

We have asked Cliff, and he has agreed, to continue in a consulting role for the company while concluding negotiations on a number of key asset dispositions.

Please join us in thanking Cliff for his service to the company and in wishing him the very best.


As requested, here is the current draft of the Midway LOI.  The counter party
has not seen this draft yet, so this is still preliminary.

I'm reviewing the term sheet re toll.

Kay


Attached is the file with the appropriate liquidations that should match the
transport expense variance.  We are within a few thousands dollars of the
variance using these calculated liquidation amounts.  They are all physical
annuities in the FT-Ont-Central book.  I am getting the post ids unarchived
to verify that they were in the flash financial liquidations.  Please tell me
if you have these in the FT file, I have already checked Jim's intra physical
and financial files for Ontario and came up empty.  My thinking(hoping) on
this issue is that  the liquidations will be flashed and not captured in the
GL.  Give me a shout with any questions.
PL


Thanks Lisa!

	Lisa Lees
	11/28/2000 10:07 AM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: EOL Metals Counterparties LTD

Tana,

Here's the list of counterparties that have transacted metals online.  There
are some US counterparties included here.

Let me know if you have any other questions.

Lisa
---------------------- Forwarded by Lisa Lees/HOU/ECT on 11/28/2000 08:59 AM
---------------------------

	Enron North America Corp.

	From:  Peter Berzins @ ENRON                           11/28/2000 10:02 AM

To: Lisa Lees/HOU/ECT@ECT
cc: Torrey Moorer/HOU/ECT@ECT
Subject: EOL Metals Counterparties LTD


---------------------- Forwarded by Darron C Giron/HOU/ECT on 03/08/2001
08:40 AM ---------------------------

Stacey Vallejo
03/07/2001 09:57 AM
To: Jeffrey C Gossett/HOU/ECT@ECT, Darron C Giron/HOU/ECT@ECT
cc:
Subject: Deal in WEST SJ book to be flipped

Hi guys,

Deal QP6086.1 in the WEST SJ book needs to be flipped
to the FT-US/CAND-ERMS book right away.  I need to
settle this deal with Engage Energy Canada tomorrow.

Please let me know if you have any questions on this.

Thanks
Stacey


yes, that time works fine for me...i was wondering what happened to you.  i had emailed you after you left the message in houston and never heard another peep out of you.  hope things are going well and i'll talk to you around 3ish.

 -----Original Message-----
From: 	Stephan, Nicholas
Sent:	Monday, April 30, 2001 12:23 PM
To:	Scott, Susan M.
Subject:	Hi

Susan,

I'll give you a call tonight my time, 3ish yours.  Need to catch up.  Does this time work?

Nick


We have been working closely with the Trade Promotion outreach effort the White House established, and have regularly attended whip meetings with White House staff and others.  In that role, we are "working" a number of Texas Democrats.  I will talk again with the Congresswoman, and will call on Steve Kean to work her if needed.  No need for Ken's involvement with her at this point.

 -----Original Message-----
From: 	Fleming, Rosalee   On Behalf Of Lay, Kenneth
Sent:	Thursday, October 18, 2001 5:34 PM
To:	Kean, Steven J.; Shapiro, Richard; Robertson, Linda
Subject:	FW: Sheila and the Trade Promotion Authority

I asked Jim Kollaer if he had talked to our Washington office and he said they have been working on it, but this is going to take a call from Ken to Sheila.  Given the complexities of his schedule, if there is any other way, it would be good.  What do you think?

Rosie

 -----Original Message-----
From: 	"Jim Kollaer" <jkollaer@houston.org>@ENRON
Sent:	Thursday, October 18, 2001 3:33 PM
To:	Lay, Kenneth
Cc:	Anne Culver
Subject:	Sheila and the Trade Promotion Authority

Ken, I am writing to ask Enron's assistance with a pro-Trade Promotion
Authority message to Rep. Sheila Jackson Lee.

The position of the Partnership and Enron are well known to Sheila.  She
consistently has voiced doubts about her ability to vote for trade
issues such as China PNTR and fast track/TPA, but in the end joins her
pro-business and trade colleagues in supporting these measures. You have
always been a very effective lobbyist on this issue.

Most recently, on October 10, 2001, Rep. Lee told Rep. Norman Dicks
(D-WA) (he was the first D to be a supporter of this new compromise leg
(HR 3005) and is whipping the issue for the Ds) that she is a no vote on
TPA (HR 3005).

Rep. Lee's reasons for not supporting this issue are as follows:

1. The process has been too partisan, Ds like Rep. Charles Rangel were
not consulted and brought to the table to develop compromise language in
the beginning.

2. Since only 25 - 30 Ds will be voting for this (and we need her to be
one of those) she will feel alone as a D.

ACTION REQUESTED:  Ken, could you or someone senior at Enron place a
call to Rep. Jackson Lee to voice strong support for TPA?

An appropriate message is that we want her to focus on good public
policy.  We are not defending the process.  This is about good
economics.  TPA benefits her consituents.

We have attached a study that highlights the benefits of trade in her
district.  This may be useful information.  It has employment numbers
and more.

The TPA vote could come next week, as early as Tuesday.  A call to her
here in Houston at 713-655-0050 would be appropriate, as the House is
recessed until Tuesday.

Thanks in advance for your positive response to this request.

 <<Texas 18 final PDF.pdf>>

Jim Kollaer
President/CEO
jkollaer@houston.org
713/844-3601

 - Texas 18 final PDF.pdf << File: Texas 18 final PDF.pdf >>


I saw a job posting for a Power Trader (24-Hr real time) in the Enron
intranet and I was wandering if we could meet to discuss further.

I have been with Enron for about a year doing power origination and trading
in Latin America. I recently moved back to the US and have been working with
EES for a couple of months. Before Enron I worked a few years in PSEG trading
and Constellation Power Source, but not as a trader. I know the northeast
(PJM mainly) power markets (24 hour) fairly well. I have always been
interested in getting into the trading business and that's why this position
caught my attention.

I hope you feel there may be a potential match here. If you think so, please
let me know and I can forward you my resume.

Thank you

Ignacio
I


Attached is the information we would like you to review concerning Enron's recommendation to reject the firm, interruptible and pooling transportation agreements that Enron has with El Paso Natural Gas Company.  The Stipulation that was entered into with the bankruptcy court requires that the agreements be rejected/assumed by May 3, 2002.

If you have any questions, please give me a call,

Ruth Concannon
713-853-1667
ruth.concannon@enron.com


can you help gary on this?
 -----Original Message-----
From: 	Taylor, Gary
Sent:	Monday, November 19, 2001 10:02 AM
To:	Neal, Scott
Subject:	meeting this afternoon

Scott,

I'd like to confirm our meeting with you and your group this afternoon at 3pm to discuss the current state of the weather risk market and our products.

How many people should we expect to be attending?
Do you have a conference room reserved?

Thanks,
Gary
x31511


Dear All,

                    Attached is the curve validation for the month of
November.  Do not hesitate to call with any questions you might have.

Regards,

 Maria Teresa Aguilera-Peon


Guys, I would like you to consider the following people to provide the basis
of your producer marketing team.  They are being re-deployed out of the
upstream services group and have significant experience and relationships in
the producer services market segment.  They can provide mid-market coverage,
producer outsourcing, well-head purchases, etc.  As per our previous
discussion, these folks will be your producer team and will provide all ENA's
products to the segment.  Please keep this confidential - but please speak
with Jean Mrha.

The names include:
 Linda Roberts - director - lead the central region;
 Mary Jo Johnson - manager - central region (wait until post HPL sale);

 Jill Zivley - director -  lead the east region;
 Gary Bryan - director - east region;
 Jennifer Martinez - manager - east region;
 Bill Brogan - manager - east region;
 Kreg Hall - analyst - east region;
 Brian Riley - director - east region (wait until post HPL sale).

Both Brian and Mary Jo are inside HPL and if sold would interview with the
buyer first and then would be available for ENA - lets wait on these folks
until post sale.  Lets make a strong effort to accomodate these folks given
their experience and availability.

Regards
Delainey


Mike McConnell will be out of town and unable to attend.  Thank you.

Cathy P.
X-36898

From: Charla Reese/ENRON@enronXgate on 03/20/2001 09:51 AM
To: Jeffrey Sherrick/ENRON@enronXgate, Jeff Skilling/Corp/Enron@ENRON,
Philippe A Bibi/ENRON@enronXgate, Raymond Bowen/ENRON@enronXgate, Wade
Cline/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mark Frevert/ENRON@enronXgate,
Louise Kitchen/HOU/ECT@ECT, John J Lavorato/ENRON@enronXgate, Mike
McConnell/HOU/ECT@ECT, Rebecca McDonald/ENRON@enronXgate, Jeffrey
McMahon/ENRON@enronXgate, Jeffrey A Shankman/ENRON@enronXgate, Greg
Whalley/HOU/ECT@ECT, Jeremy Blachman/HOU/EES@EES, Harold G
Buchanan/HOU/EES@EES, Dan Leff/HOU/EES@EES, Mark S Muller/HOU/EES@EES,
Matthew Scrimshaw/LON/ECT@ECT, David Cox/Enron Communications@Enron
Communications, Jim Fallon/Enron Communications@Enron Communications, Kevin
Hannon/Enron Communications@Enron Communications, Ken Rice/Enron
Communications@Enron Communications, Rod Hayslett/ENRON@enronXgate, Cliff
Baxter/ENRON@enronXgate, Rick Buy/ENRON@enronXgate, Annette
Causey/HOU/AZURIX@AZURIX, James Derrick/ENRON@enronXgate, Andrew S
Fastow/ENRON@enronXgate, Ben Glisan/HOU/ECT@ECT, David
Haug/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Steven J Kean/NA/Enron@Enron, Mark
Koenig/Corp/Enron@ENRON, Kenneth Lay/Corp/Enron@ENRON, Mark
Metts/Enron@EnronXGate, Cindy Olson/Corp/Enron@ENRON, Michael R
Brown/LON/ECT@ECT, David W Delainey/HOU/EES@EES, James A
Hughes/ENRON@enronXgate, Lou L Pai/HOU/EES@EES, Marty Sunde/HOU/EES@EES, Judy
G Smith/HOU/EES@EES, Steven M Elliott/HOU/ECT@ECT, Stan
Horton/Houston/Eott@Eott, Danny McCarty/LON/ECT@Enron
cc:
Subject: Executive Committee Invitation to 104 KRBE / Enron Earth Day Festival

Attn:  Executive Committee Members

I have up to six tickets reserved in your name for entrance into the 104 KRBE
/ Enron Earth Day Festival in Eleanor Tinsley Park (formerly Buffalo Bayou
Park) on Saturday, April 7th. The festival begins at 10:00am and is scheduled
to run through 7:00pm.  The current  band line-up includes SoulDecision,
Vertical Horizon, Collective Soul, ATC and Wyclef Jean.

To obtain your tickets, please contact me by Wednesday, April 4th, and
indicate the number of guests you will be bringing.  When the concert tickets
are delivered to your office, you will also receive wristbands required for
admission into the Enron VIP Tent and additional details regarding logistics
/ parking.  Please feel free to contact me directly at x35202 if you have any
questions regarding the event.

Charla Reese
Manager, Employee Involvement & Events


Sounds like 2:00 will work for everyone; Drew, we will call you from Steve's
office.


Energy Info Source is privileged to offer its Utility-Scale Green Power
Report, a comprehensive 175-page study of the International green power
market.

The report takes a wide-ranging look at the past, present, and future state
of utility-scale green power, and both individually and collectively addresses
the technologies of Biopower, Geothermal, Ocean Power, Photovoltaics, Concentrating
Solar, and Wind.

http://www.energyinfosource.com/products/product.cfm?report_ID=16

Topics covered in the report include:
- The Key Technologies Being Used or Planned for Utility-Scale Green Power

- The Economics of Utility-Scale Green Power and its Market Potential
- Historical and Current Use of Utility-Scale Green Power on a National
Basis
- Government Policies and Incentives in Support Of Utility-Scale Green
Power
- The Use of Green Pricing Programs
- A Discussion of Recent Projects to Build Utility-Scale Green Power
- Profiles of 24 Utility-Scale Green Power Manufacturers, Developers, and
Generators

Energy Info Source's Utility-Scale Green Power Report includes over 60
charts, tables, and schematics that provide a wealth of cost, market, and
technical information on utility-scale green power.

The report comes in Adobe Acrobat PDF format and is available via email,
CD-ROM or Hardcopy for $699.

To order click on the following link or call us at 888-986-2250 (303-986-7449
overseas or in Canada).  We accept Visa/Mastercard/American Express.

http://www.energyinfosource.com/products/product.cfm?report_ID=16

----------------------
If you want to be removed from our mailing list or for more information:

Energy Info Source, Inc.
email: eismail@energyinfosource.com
phone: 888-986-2250


All:

Attached is the latest version.    Note the average price of power assumed
purchased by the DWR, if smoothed to a fixed price equivalent for the 9.5
years beginning 7/1/01, is $106/mwh and $104/mwh if DWR's forward price
curves are used.  We used a range of $82.75 to $104/mwh in our sensitivity
page.   The $82.75 is the mid-point between Henwood and DWR curves.   Enron's
curves are significantly lower on the back-end.   The other switch is for the
allocation of the past utility purchases: 1) one pro rata, and 2)  one where
the non-core shares prorata, plus half the core's portion.  DWR past
purchases are handled pro rata in both scenarios.

Regards,

Michael

 -----Original Message-----
From:  Dasovich, Jeff
Sent: Friday, May 18, 2001 4:53 PM
To: skean@enron.com; Steffes, James; Shapiro, Richard
Cc: Tribolet, Michael
Subject: Core/Noncore Analysis

Michael Tribolet and I (about 99% Michael) have put together a rough cut
analysis of the core/noncore structure, and some scenarios Hertzberg has
asked for.  Hertzberg's expecting some info from us on Monday (and I'm sure
that he'll want more scenarios, too).  Are you available first thing Monday
morning to be briefed on the analysis, my conversations with Hertzberg, what
Hertzberg's strategy is, etc.?


Maria informed me that you left your shootin' irons in Texas when you moved
up here.  What were you thinking?  I'm organizing a pheasant hunting trip in
late October out in Western S. D.  Probably leave here Friday , Oct 27 and
return Sun PM.  Any interest?  DF


Meet the head of
the leading firm
in our business

Imagine the opportunity!
 Imagine that the leading energy company in the world has picked you to run
the
company that it expects to be the leading retail energy company in North
America.

 So you get a sharp competitive edge in the back room, you recruit IBM as a
co-owner
assuring you the lowest cost per customer by a factor of two or three.
To get your foot in 27 million doors you recruit AOL as a co-venturer with a
commitment from AOL to promote NewPower,s wares.
You do an IPO and take in about $700 million for working capital.  The IPO is
over and the quiet period it required.
But the most important silver spoon -- so that you get your energy at the best
price and to protect you against price spikes -- you get up front 30
Enron-trained
risk managers and traders.  Can you imagine having to recruit them?

To make sure this team is run by the optimum chief they picked Eugene
Lockhart,
most recently president of Consumer Services at AT&T and before that president
of BankAmerica,s Global Retail Bank with its consumer, commercial and small
business
banking services delivered through 3,000+ branches.
 Now, Lockhart's talking about his plans.
      Restructuring Today had lunch with Lockhart Thursday and reported in
detail:

 *  How NewPower intends to actually start up the retail industry?  What is
the
heart of NewPower,s business plan?
 *  How they'll make money in markets where margins may seem too thin.
 *  How he,s going to have 600,000+ customers next month and easily a million
by the end of 2001.
 *  What percentage of their sales come from the NewPower website.  What
figure
is he using for cost of customer acquisition?
 *  Lockhart plans to have by the end of the first quarter or at the latest
the
second quarter 750,000 customers making them by far the largest unregulated
retail
marketer in the US.
 *  How does he think utilities will compete with the NewPower paradigm?
 *  What marketshare do they expect to get at first and then by 2005?
 *  What does he see as his biggest challenge?
 *  Why is this a good time for NewPower to invade California markets?
 *  Why will NewPower succeed where Enron failed?
 *  What,s the role of backward dating in forward market margins?
 *  Where NewPower gives a 20-25% discount on the commodity portion of a bill,
what kind of margin can it make now?
 *  How do higher prices help NewPower?  "We,re actually in a very good
position
given (that) the gas cost increases perversely will work in our favor ... "
 *  "We have a 10-year, exclusive agreement with IBM whereby we can issue a
bill,
collect the money and care for a customer at lower cost than anyone else in
the
industry by several orders of magnitude."

We,d love to send you the two-story, detailed report on how the leading
company
in our industry is going to get there and stay there.

Reply to daily@restructuringtoday.com and I'll rush you the two articles or
call
1-800-486-8201.

Subscribe today!  Restructuring Today is the nations leading daily focused on
the convergence of electricity, natural gas, telecom and dot-com --
chronicling
the creation of America's largest industry.  If you fax the completed attached
order form to 1-202-298-8201, I'll make sure you don't miss a single vital
issue.

Cordially,

Season Hawksley
US Publishing
1-800-486-8201
daily@restructuringtoday.com
 - orderform.pdf


Friends, family, and Enron buddies:

Here are the first few pics of my sweet daughter Lindsey.  I emailed them
from my home PC and they looked hazy when I opened the attachments, so I hope
you can make things outs (or maybe it is just the laptop I'm using now).  Tim
and I are getting a digital camera soon so the pics should be better then.
Hope you enjoy them!  If not, please bear with me as a proud new mother!

Stacey

 - 1201_gma.jpg
 - 1201_gpa.jpg
 - 1201_lrr.jpg
 - 120100ma.jpg
 - Fampic.jpg
 - Lrr_new.jpg
 - Nursery.jpg


An overview of NERC's Reliability Assessment 2000-2009
      ,Copyright 2000 EEI. All rights reserved.

EEI's State Restructuring Service is proud to present an Internet E-Forum
providing an overview of the North American Electric Reliability Council's
(NERC) recently released Reliability Assessment 2000-2009, the reliability of
bulk electric systems in North America.

The reliability of the electric generation and transmission systems serving
North America has come under increased federal government, state regulator,
and customer scrutiny. Generation capacity margins have decreased and the
bulk electric systems are subjected to flows in magnitudes and directions not
contemplated when they were designed or for which there is minimal operating
experience.

Each year, the Reliability Assessment Subcommittee (RAS) of the North
American Electric Reliability Council (NERC) reviews the overall reliability
of existing and planned electric generation and transmission systems in North
America. This year's Reliability Assessment 2000-2009 report presents:

*An assessment of electric generation and transmission reliability through
2009

*An assessment of the generation resource adequacy of each Interconnection in
North America

*A discussion of key issues affecting reliability of future electric supply

*Regional assessments of electric supply reliability, including issues of
specific Regional concern

Presenting an overview of this year's Reliability Assessment is Frank J.
Koza, Jr., Chairman, Reliability Assessment Subcommittee, and General
Manager, Ventures, PECO Energy Company.

Our guest moderator is Tim Gallagher, Mgr Technical Services, NERC

To provide questions and commentary we have Jolly Hayden, Vice President of
Transmission, Dynegy

A copy of the Reliability Assessment 2000-2009 is available from the NERC web
site at http://www.nerc.com/~pc/syscond.html.

November 21, 2000 1 p.m. ET
Note: Please block a 2-hour time slot for the E-Forum. We expect the program
to take about one hour. Q&A at the conclusion of the E-Forum could take up to
an additional hour.

Registration Cut-off and Cancellation Policy: All registrations must be
received by November 17, 2000. Substitutions may be made at any time,
however, no refunds will be made for cancellations received after November
17, 2000.

Registration Cost:
EEI/NARUC/NCSL Members: $50.00 / Associates $75 / Non-members: $100.00
------------------------------------------------------------------------------
--------------
FOR MORE INFORMATION AND/OR TO REGISTER, ACCESS THE FOLLOWING URL:
www.eei.org/resources/meetings/forums/
------------------------------------------------------------------------------
--------------
E-Forums are real-time, interactive presentations, created, produced and
distributed by EEI. The visual presentation is delivered over the Internet,
while the audio portion is delivered through a conference phone call. You can
participate in an E-Forum using any computer with Internet access and a
telephone.

To fully participate in the E-Forum, you will need:

- Access to the Internet and a web browser.
- A separate voice phone line and a phone to dial into the audio conference
call. Cell phones can be used.
- Upon confirmation of your registration, you will be given complete
instructions including the URL (with Password/ID) and a the conference phone
number.
- Slides used in the presentation will also be e-mailed to you prior to the
forum and will soon be available over the Internet.

For more information on EEI's E-Forums, contact Mike Oldak, Director, State
Competitive and Regulatory Policy at 202-508-5523 moldak@eei.org or Leigh
Miller, Coordinator at (202) 508-5522 lmiller@eei.org

For more information on EEI's State Restructuring Service, contact Norm
Jenks, Manager, Regulation and Competitive Analysis 202-508-5533
njenks@eei.org

,Copyright 2000 by the Edison Electric Institute
All rights reserved under U.S. and foreign law, treaties and conventions. No
part of this work may be distributed, redistributed, reproduced or copied in
any form or by any means - graphic, electronic or mechanical, including
photocopying, recording, taping, or information storage and retrieval systems
without written permission of the publisher.


Mark,  Attached is a draft.  Please review and let's discuss before you send to Huber.


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/06/2001
05:19 PM ---------------------------
From: David Port/ENRON@enronXgate on 04/05/2001 02:26 PM
To: Greg Whalley/HOU/ECT@ECT
cc: Rick Buy/ENRON@enronXgate, Vince J Kaminski/HOU/ECT@ECT
Subject: Position Report

Here is a draft position report we talked about previously. We had delayed
distribution because we were waiting for some important input on the Sithe
contract.

The report attempts to view various assets and positions entirely on an
economic basis, regardless of accounting treatment. Currently this is not
exhaustive since the universe of economic exposure is significant but if
useful we will spread the net.

Here are the highlights:

Enron stock option plans:

ENE is low and volatility is around 45 - 50%. We are working with Global
Finance and Accounting on a hedging proposal.

J Block CRTA:

We have not factored in the impact of yesterday's House of Lords ruling on
this contract.

Korea:

USD/KRW has gone from 1205 to 1368. Economic outlook is bleak. Enron's
currency translation account (CTA) has gone from $19m Dr to $40m Dr since
January.

Brazil:

Argentina's woes are not helping. USD/BRL is currently 2.17 from 1.95 in
January. CTA has suffered $173m in losses and now stands at $663m Dr.

Thoughts and comments welcome.

Rgds
DP


This request has been pending your approval for  60 days.  Please click http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000057285&Page=Approval to review and act upon this request.

Request ID          : 000000000057285
Request Create Date : 8/30/01 5:59:30 PM
Requested For       : erik.simpson@enron.com
Resource Name       : Market Data Kobra NatGas
Resource Type       : Applications


Start Date: 4/20/01; HourAhead hour: 11;  No ancillary schedules awarded.
Variances detected.
Variances detected in SC Trades schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042011.txt

---- SC Trades Schedule ----
$$$ Variance found in table tblInt_Interchange.
     Details: (Hour: 11 / Preferred: -800.00 / Final: -799.97)
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/20/01
  TRADING_SC: DETM
  PNT_OF_INTRC: NP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 1
  DEAL_NO: 1


My first reaction to this meeting was pretty negative. It seems like alot of
busywork.  My second reaction was to recognize that Enron has a long term
strategy of getting to know the insiders at AAA better, so there is some
benefit to the meeting. However,there has to be a tightly controlled agenda
or our business people(and lawyers) will lose patience quickly. The
transactional lawyer who is responsible for EnronOnline is Mark Taylor ext
37459. I explained what was going on and he is expecting you call.

	Michelle Blaine@ENRON_DEVELOPMENT
	11/29/2000 11:15 AM

		 To: Richard B Sanders/HOU/ECT@ECT
		 cc: Robert C Williams/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 Subject: Re: AAA eCommerce Working Group

Talked with Gerry today and he and his group are coming to meet with me next
week.  He suggested we get a "business type" involved.  Since this is B2B
oriented can you suggest someone from Louise Kitchen's group (aren't they
doing the B2B internet transactions?) Should I just contact someone in her
group directly?

From: Richard B Sanders@ECT on 11/28/2000 10:00 PM
To: Michelle Blaine/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:

Subject: AAA eCommerce Working Group

----- Forwarded by Richard B Sanders/HOU/ECT on 11/28/2000 10:00 PM -----

	"Gerry Strathmann" <gstrathmann@mediaone.net>
	11/08/2000 02:19 PM

		 To: <Richard.B.Sanders@enron.com>
		 cc:
		 Subject: AAA eCommerce Working Group

Dear Mr. Sanders -
?
While I left a you a phone message with some information about  our project,
I thought I could give you some additional details by e-mail as  well...
?
We are still very interested in having Enron support our  eCommerce Dispute
Management Protocol.? We have had enthusiastic responses  from companies such
as AT&T, Duke Energy, Pitney Bowes and DaimlerChrysler,  and I would be
pleased to answer any questions you may have about this focal  point for our
educational efforts.? The real purpose of my call, however,  is related to
the services we will provide to support the aspirational  statements of the
Protocol.

I am a member of the design group that has been developing the American
Arbitration Association's dispute management systems and services for
eCommerce  B2B transactions.? At this time we are putting together small
working  groups to validate some of our assumptions and refine our initial
service  offerings.

Initially our design group, along with perhaps one of our  technology
consultants, would like to meet with a group of Enron people for half  a
day.? Ideally this group would consist of four to six people from  finance,
legal, and operations so that we get good cross-functional feedback  about
our services.? Before the meeting we would provide you with a brief
description of our proposed service offerings and a list of points for
discussion at the meeting.

The real focus of the meeting will be on how  we should build these services
to meet the needs of businesses operating in B2B  marketplaces.? We are very
concerned with providing services that are  relevant to that environment.

We would like to meet between November 14  and?December 1?since construction
of our services is already  underway.? Please let me know what is possible,
and feel free to give me a  call if you have any questions (978-376-9004).
?
Thanks.

-> Gerry

Gerry Strathmann
eCommerce Group
American Arbitration  Association
(978) 376-9004


Tough Times in Tech...Best Products...A Tough Road for Bush?

HIGHLIGHTS FROM THE DECEMBER 18, 2000, ISSUE OF BUSINESS WEEK*

********************************ADVERTISEMENT*******************************
Are you having problems getting your E-Business Initiative up and
running?  Do you have Enterprise Applications like Siebel, Clarify or
SAP that need to be integrated with your documents, presentations and
databases and presented easily through a personalized browser
interface?  What you need is the Viador Enterprise Information Portal -
The Better Way to Build Your E-Business - register today for your FREE
Portal Framework White Paper and learn how you can get your E-Business
Initiative going - fast!
http://newsletters.businessweek.com/GoNow/a14109a27754a62891954a1
****************************************************************************

Cover Story:
THE TECH SLUMP
Slowing growth in tech spending, not shrinkage, is what's in store. But that
will be painful enough -- for the industry and the economy as a whole.
From Wednesday night until midday Monday, for subscribers only**
http://www.businessweek.com/premium/00_51/b3712001.htm
After midday Monday, for all readers:
http://www.businessweek.com/2000/00_51/b3712001.htm

Election 2000:
HOW BUSH WOULD LEAD
As the election process crawls to its seemingly inevitable conclusion, it
looks like George W. will face a slowing economy, a divided Congress, and an
uneasy nation. But don't judge W., who has a history of being underestimated,
just yet.
From Wednesday night until midday Monday, for subscribers only**
http://www.businessweek.com/premium/00_51/b3712052.htm
After midday Monday, for all readers:
http://www.businessweek.com/2000/00_51/b3712052.htm

Special Report:
THE BEST PRODUCTS OF 2000
From an improved -- but still refreshingly low-tech -- $1 pencil to a BMW
that goes for $130,000, we've picked out the best of this year's new  stuff.
Now you can't complain that you don't know what to get anyone for the
holidays!
From Wednesday night until midday Monday, for subscribers only**
http://www.businessweek.com/premium/00_51/c3712139.htm
After midday Monday, for all readers:
http://www.businessweek.com/2000/00_51/c3712139.htm

*The complete Table of Contents for this week's issue can be found at...
http://www.businessweek.com/contents.htm

**Remember, only subscribers can see the entire issue. Selected stories are
available to nonsubscribers on Monday. Isn't it time you became a subscriber?

__________________________________________________________________

SEARCH PAST ISSUES OF BW. Free for subscribers only -- FIVE YEARS of Business
Week magazine. For more information, go to
http://www.businessweek.com/search.htm
______________________________________________________________________
SEARCH BUSINESSWEEK.COM -- Search our ENTIRE SITE for all free content,
including Daily Briefing, BW e.biz, frontier, and Best B-Schools. You'll
find  our search function in the light-blue bar at the top of nearly every
screen on the site
______________________________________________________________________

DAILY BRIEFING [http://www.businessweek.com/today.htm]

For BW's Election 2000 coverage visit
http://www.businessweek.com/election2000.htm

12/07 -- Labor Finally Puts a Target on Wal-Mart
After years of unsuccessful tactics, the United Food & Commercial Workers is
launching a nationwide organizing drive aimed at better pay and benefits
http://www.businessweek.com/bwdaily/dnflash/dec2000/nf2000126_820.htm

12/06 -- Special Report: That Crazy Patchwork Called Electricity Deregulation
The results so far are mixed -- at best. Doing better will mean more big,
painful changes in energy markets and policies nationwide
http://www.businessweek.com/bwdaily/dnflash/dec2000/nf2000126_886.htm

12/05-- Streaming Video -- on Your Cell Phone?
Korea's Samsung is convinced that consumers will line up for its coming
video-phone. Or will it be too much, too soon?
http://www.businessweek.com/bwdaily/dnflash/dec2000/nf2000125_488.htm

12/04 -- Election 2000's Would Haves, Could Haves, Should Haves
If only Gore or Bush had done so many things differently, either one might
have put this election away
http://www.businessweek.com/bwdaily/dnflash/dec2000/nf2000124_466.htm

12/01 -- A Bull and a Bear Butt Heads
Are the steep drops in the market a harbinger of recession or a signal of the
long-awaited soft landing? Two BW Online writers stake out their opposite
positions
http://www.businessweek.com/bwdaily/dnflash/dec2000/nf2000121_633.htm

**********************************ADVERTISEMENT*****************************
ActionTec delivers the first nationwide retail USB DSL modem using TI
DSP technology. The Actiontec Home DSL Modem, based on TI?s leading
digital signal processor (DSP) - based DSL technology, offers consumers an
easy-to-use
and complete DSL solution for those end-users seeking high-speed Internet
access.
http://newsletters.businessweek.com/GoNow/a14109a27754a62891954a0
*****************************************************************************

______________________________________________________________________________
__

e.biz [http://ebiz.businessweek.com]
CHECK OUT STORIES FROM Le Monde Interactif

12/07 -- Words for the Wise on Voice Recognition
The technology really works, and the two market leaders sure have supporters.
Too bad these stocks' volatility is as great as their promise
http://www.businessweek.com/ebiz/0012/es1207.htm

12/06 -- Microsoft's Turncoat or True Believer?
As CEO of Web-tool maker Crossgain, Tod Nielsen walks a tightrope -- he's
competing with the giant he once worked for and still feels loyalty toward
http://www.businessweek.com/ebiz/0012/em1206.htm

12/05-- What's Killing the E-Beauty Biz
Big brands that withheld top products from the Web -- and sites that tried to
succeed without them -- are the culprits. Still, it's too early to count out
e-beauty
http://www.businessweek.com/ebiz/0012/ep1204.htm

12/01 -- The Cyber Gift of Last Resort
Here's how three of the best-known online gift certificate sites stack up
http://www.businessweek.com/ebiz/0012/el1201.htm

New from BW Online: The Small Business Rate Report
If you're looking for a business loan or trying to understand small
companies better, click into BWOL's infographic tour of the small
business credit market. The series of charts includes interest rates,
key terms and provisions, and market forecasts. The data is updated
periodically based on monthly and quarterly surveys from federal and
private sources.

http://www.businessweek.com/smallbiz/resources/rate_report/sb_rate_report.htm

________________________________________________________________________
FRONTIER ONLINE [http://frontier.businessweek.com]

12/07 -- Feeling the Squeeze
As the economy slows, small-business owners have one eye on increasingly
cautious consumers -- and the other on their debt load
http://www.businessweek.com/smallbiz/content/dec2000/sb2000127_329.htm

12/06 -- Wanna Buy a Used Computer?
Plenty of people do ???? though not yet enough for outfits like TechSmart to
find gold in those mountains of corporate America's castoff hardware
http://www.businessweek.com/smallbiz/content/dec2000/sb2000126_527.htm

12/05 -- Becoming a Partner
It's worth weighing the upside and down before signing on as an equity partner
http://www.businessweek.com/smallbiz/content/dec2000/sb2000125_123.htm

12/01 -- Car-Sharing: Is It the Next Colossus of Roads?
Neither a car-rental company nor a leasing outfit, Boston's Zipcar provides
clean, reliable, no-fuss vehicles for members who need wheels only some of
the time
http://www.businessweek.com/smallbiz/content/dec2000/sb2000121_155.htm

ALSO, SIGN UP today to receive frontier's new e-mail newsletter for
entrepreneurs. It's free. We'll keep you posted on the latest news and
information for managers of small companies, plus updates on new features at
frontier online and added tips to help you build your company.
http://www.businessweek.com/smallbiz/sbreg.htm

_____________________________________________________________________
B-SCHOOLS [http://mba.businessweek.com]
The World's Leading Resource for the MBA Community

**NEW** STUDENT COMMENTS
Our 2000 MBA profiles now feature comments from over 900 recent graduates
from Business Week's top B-schools
http://www.businessweek.com/bschools/00/

**NEW** 2000 PART-TIME MBA PROFILES
Business Week Online has expanded its coverage by launching a new area
focusing on part-time and distance-learning programs. You'll find profiles of
250 programs in the U.S. and around the world, filled with the information
you need to make the smartest choice. DIG IN!
http://www.businessweek.com/bschools/00pt/

MBA JOURNALS -- PREPARING FOR B-SCHOOL
In this latest series, 10 first-year writers report on preterm and orientation
http://www.businessweek.com/bschools/mbajournal/

READING LIST -- Find out today what books top B-school professors and
business executives, from Amazon.com CEO Jeff Bezos to Professor Phillip
Kotler of Kellogg, recommend
GO TO: http://www.businessweek.com/bschools/books/index.htm

WHAT'S IT WORTH TO YOU?
No doubt, you could do lots of things with $100,000 and two years of your
life besides investing it all on business school - and some of them might pay
better. Or they might not. How could you know? Our ROI CALCULATOR helps you
figure out how wise an investment an MBA is for you
GO TO: http://bwnt.businessweek.com/roi/enter.asp

THINKING OF RELOCATING?
Check out our Cost of Living Search powered by Virtual Relocation at:
http://www.businessweek.com/common_frames/bs.htm?/bschools/virtrelo/index.htm
_____________________________________________________________________

NOTE: BusinessWeek Online (http://www.businessweek.com) and LeadersOnline
(http://www.leadersonline.com), the Web unit of executive recruiter Heidrick
and Struggles, have published the premiere issue of LeadersOnline, the
companion magazine to their joint Web site (www.businessweek.com/careers/).
The October/November issue provides original career information and
commentary, plus content from BusinessWeek Online. The joint BusinessWeek
Online-LeadersOnline Web site provides a meeting place for middle and upper
managers worldwide.

The LeadersOnline cover story looks at how an executive recruiter might go
about choosing the next President. Other features: Co-CEOs: Does it Work?;
Ready to Switch Career Gears and Become a "Techie"?, and a retrospective from
flex-time pioneers. For more information about the BusinessWeek
Online/LeadersOnline magazine or Web site contact Andrew Palladino: 212
512-2680.

CAREERS [http://www.businessweek.com/careers/index.html]

12/06 -- Salary Surveys on the Web
With up to 500 sites with info on salary trends, how can you find the surveys
with the most reliable information? WorldatWork can help
http://www.businessweek.com/careers/content/dec2000/ca2000126_582.htm

12/05 -- Recruiting Q&A: Intrawest
The resort developer and operator's hiring chief says the key to success is
cultural fit -- and loving to ski and play as much as the customers do
http://www.businessweek.com/careers/content/dec2000/ca2000125_197.htm

12/04 -- Niche Work, Broad Horizons
A specialty insurance exec fears he'll have trouble finding a new position in
a new city. Here's why he shouldn't be too concerned
http://www.businessweek.com/careers/content/dec2000/ca2000124_510.htm

_____________________________________________________________________

See you online,
Patricia O'Connell
insider@businessweek.com
BW Online

The Business Week Online Insider Newsletter is a FREE service provided
to Business Week Online readers. If you need to update your email
address -- or to remove it from our mailing list, click here:

http://newsletters.businessweek.com/Change-Remove/a14109a62891954a2


Thanks so much for lunch!!! I really appreciate your generosity and kindness.  I guess we'll talk Gas later, let me know if you have some time on Monday or Tuesday!!.

Take care.

Zakiyyah McClure
Risk Analytics
xt 58146


Like you have time to read this... It is really funny.

PT
---------------------- Forwarded by Patti Thompson/HOU/ECT on 01/10/2001
05:05 PM ---------------------------

Sue Foust
01/10/2001 03:43 PM
To: Karen Snow/HOU/ECT@ECT, Michelle Bruce/HOU/ECT@ECT, Diane
Ellstrom/HOU/ECT@ECT, Linda K Loukanis/HOU/ECT@ECT, Marilyn M
Schoppe/HOU/ECT@ECT, Glenda D Mitchell/HOU/ECT@ECT, Joan Winfrey/HOU/ECT@ECT,
Julie Flahaven/NA/Enron@Enron, Lisa Walker/HOU/ECT@ECT, Michelle
Thomason/NA/Enron@Enron, Patti Thompson/HOU/ECT@ECT
cc:
Subject: Personal Trainers

---------------------- Forwarded by Sue Foust/HOU/ECT on 01/10/2001 03:32 PM
---------------------------

SHERRI SORRELS <ssorrels_vitoltvl@yahoo.com> on 01/10/2001 12:38:20 PM
To: Cyndi Alvarado <cyndi.alvarado@enron.com>
cc: Dee Yocum <day200@yahoo.com>, Lisa Murray <SLMHTX@AOL.COM>, "Diane
O'Brien" <CUDELZ54@HOTMAIL.COM>, SANDIE PIERCE <spierce@ppchouston.com>, Mary
Reed <mreed@us.amadeus.net>, Lisa Rudy <starme98@hotmail.com>, Jessica
Sanders <spedster14@hotmail.com>, Shelby Sanders <shelbywelby@hotmail.com>,
Crystal Schwartz <cschwartz_vitoltvl@yahoo.com>, Jan Skoog
<JSKOOG_VITOLTVL@YAHOO.COM>, TERRI SMITH <tsmith3@enron.com>, Lori Sorrels
<lsorrels61@yahoo.com>, Sue Foust <sue.foust@enron.com>, Gabor Fuzesi
<gabor@flash.net>, Cassie Gordon <GORCASS@LYCOMING.EDU>, Toni Gordon
<louise36c@hotmail.com>, Delores Harton <mistyblue_58@yahoo.com>, JULIE HUNT
<jhunt_vitoltvl@yahoo.com>, Joni Krizay <teddybear219@hotmail.com>, LORI
REYES <TXLORI@HOTMAIL.COM>, GINNY LYMAN <gdunn126@aol.com>, Joyce Lynn
<mlynn@enron.com>, Terri Maldonado <tmaldonado@statesman.com>, CRYSTAL
CAMPSEY <honeydew784@aol.com>, Lydia Cannon <lydia.cannon@enron.com>, Jolie
Carter <onensyncfan@knoxy.net>, Juanita Carter <redcarter@knoxy.net>, Karen
Ener <KDE@VITOL.COM>
Subject: Fwd: Fw: REALLY CUTE

> > This is dedicated to every woman who ever attempted to get
> >>    into a regular workout routine, (or use one of those Ab-Doer
> machines

> >>    Dear Diary,
> >>
> >>      For my fiftieth birthday this year, my husband (the dear)
> purchased
> a
> >> week of personal training at the local health club    for me.
> Although I
> >> am still in great shape since playing on my high school softball
> team, I
> >> decided it would be a good idea to go  ahead and give it a try.
> >>       I called the club and made my reservations with a personal
> trainer
> >> I'll call Bruce, who identified himself as a 26-year-old aerobics
> >> instructor and model for clothing and swimwear.   My husband seemed
> >> pleased
> >> with my enthusiasm to get started.  The club encouraged me to keep a
> diary
> >> to chart my progress.
> >>       Monday:
> >>    Started my day at 6:00am. Tough to get out of bed, but found it
> was
> >> well
> >> worth it when I arrived at the health club to find Bruce waiting for
> me.
> >> He is something of a Greek God - with blond hair, dancing eyes and a
> >> dazzling white smile.  Woo Hoo!
> >>      Bruce gave me a tour and showed me the machines.  He took my
> pulse
> >> after five minutes on the treadmill.  He was alarmed that my pulse
> was so
> >> fast, but I attribute it to standing next to him in his Lycra
> aerobic
> >> outfit.
> >>        I enjoyed watching the skillful way in which he conducted his
> >> aerobics class after my    workout today. Very inspiring. Bruce was
> >> encouraging as I did my sit-ups, although my gut was already aching
> from
> >> holding it in the whole time he was around.
> >>      This is going to be a FANTASTIC week!!
> >>
> >>    Tuesday:
> >>    I drank a whole pot of coffee, but I finally made it out the
> door.
> >> Bruce
> >> made me lie on my back and push a heavy iron bar into the air - then
> he
> >> put
> >> weights on it!  My legs were a little wobbly on the treadmill, but I
> made
> >> the full mile.  Bruce's rewarding smile made it all worthwhile.
> >>        I feel GREAT! It's a whole new life for me.
> >>
> >>    Wednesday:
> >>      The only way I can brush my teeth is by laying on the
> toothbrush on
> >> the counter and moving my mouth back and forth over it.  I believe I
> have
> >> a
> >> hernia in both pectorals.
> >>      Driving was okay as long as I didn't' try to steer or stop.  I
> parked
> >> on top of a GEO in the club parking lot.  Bruce was impatient with
> me,
> >> insisting that my screams bothered other club members.   His voice
> is a
> >> little too perky for early in the morning and when he scolds, he
> gets
> this
> >> nasally whine that is VERY annoying.  My chest hurt when I got on
> the
> >> treadmill, so Bruce put me on the stair monster.
> >>      Why the hell would anyone invent a machine to simulate an
> activity
> >> rendered obsolete by elevators?  Bruce told me it would help me get
> in
> >> shape and enjoy life.    He said some other shit too.
> >>
> >>    Thursday:
> >>      Bruce was waiting for me with his vampire-like teeth exposed as
> his
> >> thin, cruel lips were pulled back into a full snarl.  I couldn't
> help
> >> being
> >> a half an hour late, it took me that long to tie my shoes.  Bruce
> took me
> >> to work out with dumbbells.
> >>      When he was not looking, I ran and hid in the men's room. He
> sent
> >> Lars
> >> to find me, then, as punishment, put me on the rowing machine -
> which I
> >> sank.
> >>
> >>    Friday:
> >>      I hate that bastard Bruce more than any human being has ever
> hated
> >> any
> >> other human being in the history of the world.  Stupid,  skinny,
> anemic
> >> little cheerleader wanna-be bastard. If  there were a part of my
> body I
> >> could move without unbearable pain, I would beat him with it.
> >>         Bruce wanted me to work on my triceps.   I don't have any
> triceps!
> >> And if you don't want dents in the floor, don't hand me the &@#$*~
> >> barbells
> >> or anything that weighs more than a sandwich. (Which I am sure you
> learned
> >> in the sadist school you attended and graduated magna cum laude
> from,
> >> Bruce,  you Nazi bastard).
> >>      The treadmill flung me off and I landed on a health and
> nutrition
> >> teacher.   Why couldn't it have been someone softer, like the drama
> coach
> >> or the choir director?
> >>
> >>    Saturday:
> >>         Bruce left a message on my answering machine in his grating,
> >> shrilly voice wondering why I did not show up today.  Just hearing
> him
> >> made
> >> me want to smash the machine with my planner.   However, I lacked
> the
> >> strength even to use the TV remote and ended up catching eleven
> straight
> >> hours of the *$@#& Weather Channel.
> >>
> >>    Sunday:
> >>    I'm having the Church van pick me up for services today so I can
> go
> and
> >> thank GOD that this week is over.   I will also pray that next year
> my
> >> husband (the BASTARD) will choose a gift for me that is fun - like a
> root
> >> canal or a hysterectomy.
> >>
> >>
> >
> >Suzanne Cox
> >Tenor Networks
> >6200 S. Syracuse Way, Suite 125
> >Greenwood Village, CO   80111
> >303 874-5153
> >303 874-5154 (fax)
> >
>

__________________________________________________
Do You Yahoo!?
Yahoo! Photos - Share your holiday photos online!
http://photos.yahoo.com/


Further to my message of yesterday evening, I have spoken with the MSCS
lawyer in London and learned that EnronCredit.com Limited ("ECCL") has
finalized its ISDA Master Agreement and CSA with MSCS.  ECCL is awaiting the
ENE guaranty.  The lawyer is forwarding docs to me this morning and I
understand they were heavily negotiated.

 Tanya, will you be handling credit for both ENA and ENE?  I would like to
chat with whomever is handling today, if possible.  I will forward ECCL to
you both when I receive.

Thanks.  Sara


Please find attached MPR #27 (incl. photos) which is in Adobe Acrobat 4.0
file format and covers project activities up to end February 2001.

Regards ,

Gary Monk


Please be advised that the Eastrans delivery off HPL will not be ready until
2/3
at the earliest.

Please 0 the nominations to Eastrans at #04604902 for 2/1 and 2/2.

Also, please 0 the nomination to P G & E for 2/1 and 2/2 at the Carthage
tailgate.

The 8,500 MMBtu/d from Fuels Cotton Valley #986462 will flow for the 1st  and
2nd.
Therefore, the only nomination in place will be from Fuels Cotton Valley,
which will be a sale.  We are assuming a price of HSC - $.05.


Sure!

	Mark Greenberg@ENRON
	01/22/2001 04:38 PM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: ENRONONLINE ELECTRONIC TRADING AGREEMENT

Tana -

Could you please draft up an amendment letter for Dow in relation to the
below points.

Thanks.

Mark
Senior Counsel, ENA
Phone:     713-345-8897
Facsimile: 713-646-3940
E-Mail:      Mark.Greenberg@enron.com
----- Forwarded by Mark Greenberg/NA/Enron on 01/22/2001 04:37 PM -----

	"Harding, Matt (MS)" <MSHARDING@dow.com>
	12/19/2000 03:47 PM

		 To: "'Mark.Greenberg@Enron.com'" <Mark.Greenberg@Enron.com>
		 cc:
		 Subject: ENRONONLINE ELECTRONIC TRADING AGREEMENT

Mark, thanks for taking a moment to review with me the changes that Dow
Hydrocarbons and Resources Inc ("DHRI") desires to make to the above
referenced agreement.  You have asked me to confirm these changes in writing
and then after you reviewed these changes with your client, you would send
me a confirming letter which we would countersign.

1.   Section 5:  At the end of Section 5(b) add, "(iv) is independently
developed by the receiving party; or (v) was in the receiving parties
possession prior to receipt from the other party.  In Section 5(c), in the
first line, after "in clause 5(b)" add "(ii) or (iii).

2.   Section 6: change the third line as follows:  ". . . until
terminated by either party upon written notice to the other party, to take
effect immediately . . .."

Please let me know if you have any questions regarding these changes.

> ____________________________________________
>    Matthew S. Harding
>    The Dow Chemical Company
>    Legal Department
>    Phone: (713) 978-3465  Fax: (713) 978-2719
>    E-mail:  msharding@dow.com
>


Please see the attached.  Christian, could you coordinate the writing of this
letter.
---------------------- Forwarded by Tim Belden/HOU/ECT on 08/15/2000 06:27 AM
---------------------------

	Enron Capital & Trade Resources Corp.

	From:  <Roxana_M_Khayyam@calpx.com>                           08/14/2000
03:45 PM

To: TBelden@Enron.com
cc: PGillman@SCHIFFHardin.com, Seth_E_Wilson@calpx.com
Subject: Letter

Please read the attached letter from Mr. Karl Marlantes.

(See attached file: letter to Enron re BFM.doc)

 - letter to Enron re BFM.doc


will you follow up.  thanks.
---------------------- Forwarded by Jeffrey A Shankman/HOU/ECT on 10/02/2000
01:23 PM ---------------------------

Purvi Patel
09/29/2000 08:55 AM
To: Jeffrey A Shankman/HOU/ECT@ECT
cc:
Subject: Re: Rotation Opportunity

Jeff--
I will definately get in touch with Eric Groves. Thanks again for your help.

Purvi

To: Purvi Patel/HOU/ECT@ECT
cc: Eric Groves/HOU/ECT@ECT
Subject: Re: Rotation Opportunity

we are starting a structuring desk.  I would tell you to get in touch with
eric groves, who is on ours.  thanks.  Jeff

Purvi Patel
09/25/2000 09:14 AM
To: Jeffrey A Shankman/HOU/ECT@ECT
cc:
Subject: Re: Rotation Opportunity

Jeff--
Thanks for the offer. I was really hoping to do a structuring rotation. I
have some interviews set up this week, so I will let you know what I decide
to do this week.  Thanks again.

Purvi

To: Purvi Patel/HOU/ECT@ECT
cc: Jennifer Fraser/HOU/ECT@ECT
Subject: Re: Rotation Opportunity

Thanks for the note.   I have a spot for you in our fundamentals group, which
there is a lot of interaction with tech, traders, and marketers, and good,
broad exposure to a number of enron's businesses.  We'd like to have you join
us.  Let me know if that is of interest.

Jeff

Purvi Patel
09/22/2000 09:12 AM
To: Jeffrey A Shankman@ECT
cc:
Subject: Rotation Opportunity

Jeff-
Pete Keavey asked me to send you my resume. I was working in Dutch Quigley's
group for my first rotation. My second rotation was in the CALME Structuring
Group. Since CALME is going through a reorganization, the analysts were told
to find new rotations. I am currently interviewing with a few groups and I
would like for you to take a look at my resume. Please contact me if you have
any questions. Thank you for your time.

Purvi Patel


TKirchman@nyiso.com writes to the NYISO_TECH_EXCHANGE Discussion List:

The NYISO is reserving hours beginning 6:00, 8:00 - 9:00, and 18:00 in the
September 27, 2001 Real-Time Market as well as the following hours per ECA
20010908B to verify prices:

HQ:   None
NE:   None
OH:   None
PJM:  0:00 - 5:00, 7:00

Prices in the September 28, 2001 Day-Ahead Market are correct.

This e-mail information is a copy of the official posting which can be
found at the following address of our website:

http://mis.nyiso.com/public/htm/OperMessages/CurrentOperMessages.htm#mm


Specialized asset and background searches for the
legal professional. Billions of dollars of debtor
assets located! Low cost, effective, legal.

ASSETS                       BACKGROUND INFORMATION
------                       ----------------------
Bank accounts                Public record data
Investment accounts          Criminal history
Safe deposit boxes           Business affiliations
Real estate                  Sexual predator files
Vehicles                     Professional licenses
Watercraft
Aircraft

FREE CATALOG
------------
Contact the firm in the U.S. at 561/279-2404 to receive
a free catalog of these searches (catalog sent by fax).
Catalog provides descriptions of searches, prices,
turnaround times, etc.

///end post///
....................................................
If this posting is not of interest, please simply delete.

Remove: send request to:   tx062m@mail.md


I need to schedule time to present overview presentations for the following 4
deals:

 Harrah's
 DanaCorp
 Quebecor
 Consolidated Container

Please let me know your availability this coming week.

 Jim


Starting Lineup

Johnson
Alexander
Kaufman
Carter
Harrison
Dwight
Tampa Bay
Vanderjagt


-----Original Message-----
From: 	"Colangelo, Maria" <Maria.Colangelo@ubsw.com>@ENRON   On Behalf Of "Abramson, Barry" <Barry.Abramson@ubsw.com>
Sent:	Monday, September 24, 2001 7:54 AM
To:	undisclosed-recipients:;@ENRON
Subject:	Electric Utilities - Weekly Update

KEY POINTS
This is our first Weekly Update since the terrorist attacks upon the United States last week.  We wish to express our
sympathy for all of the victims and their families.  We also want to express our appreciation for the heroic efforts of
all of the rescue workers who put themselves in danger in order to help others.

When the stock markets reopened this week, the utility stocks, in a broad sense, resumed their previous pattern of
trading.  Since August, the stocks of companies that have more of the characteristics of traditional utilities have
outperformed while the higher-growth electricity companies that are less regulated have been laggards.  These trends
continued last week.

Before September 11, the IPP stocks and the utilities with merchant generation, were losing value because of fundamental
concerns about lower wholesale power prices.  Also before September 11, the higher yielding, more traditional utilities
were gaining in value due to their defensive characteristics that were favored due to the slowing U.S. economy.

After September 11, it appears that investors driven by fear of the unknown and by greater concerns about a recession in
the U.S., have looked for safe havens in the higher yielding utility stocks.

Although higher yields are good for a portfolio in a period of market uncertainty, we think that the best values in the
electric group are in what we consider to be the over-sold merchant generating stocks, such as PPL Corp. (PPL-$37.00,
rated Strong Buy)[2], Duke Energy (DUK-$37.17, rated Strong Buy)[2] and NRG Energy (NRG-$15.50, rated Strong Buy).

We also favor a few of the seemingly over-sold diversified energy/convergence stocks, such as Dominion Resources
(D-$58.98, rated Strong Buy)[2] and NiSource (NI-$23.40, rated Strong Buy).

 <<WKLY10924.doc>>  <<WKLY10924.pdf>>

 - WKLY10924.doc
 - WKLY10924.pdf

Visit our website at http://www.ubswarburg.com

This message contains confidential information and is intended only
for the individual named.  If you are not the named addressee you
should not disseminate, distribute or copy this e-mail.  Please
notify the sender immediately by e-mail if you have received this
e-mail by mistake and delete this e-mail from your system.

E-mail transmission cannot be guaranteed to be secure or error-free
as information could be intercepted, corrupted, lost, destroyed,
arrive late or incomplete, or contain viruses.  The sender therefore
does not accept liability for any errors or omissions in the contents
of this message which arise as a result of e-mail transmission.  If
verification is required please request a hard-copy version.  This
message is provided for informational purposes and should not be
construed as a solicitation or offer to buy or sell any securities or
related financial instruments.


Following is the model which calculates the new IT tolls for TCPL under the
proposed marginal fuel cost calculation.  Geoff, you may want to look at this
new sheet, I had my tolls right but my percentages wrong for the points.


Steve,

Thanks for arranging a great afternoon yesterday - - I very much enjoyed our
conversation on people and idea generation as well as gaining a good
overview of Enron's key businesses. The tour was extremely educational and
we had a good discussion with Nate Ellis on Retail Services at the end of
the day.

I like your idea of getting the top executives together at some point soon -
- I know our Chairman, Chuck Knight, would be very fascinated with the
transformation at Enron and your business models for future growth. He also
loves to share and contrast different management processes and I think all
involved would take away some ideas to consider. David Farr, our new CEO,
would gain much from such an interaction and hopefully the establishment of
a long relationship between our firms and executive teams.

On top of this, I see a tremendous potential for our firms to work together
in a number of key areas where our product and service technologies would
complement the Enron offering of market making and risk management. I
appreciate your offer to help navigate some contacts to evaluate some of
these opportunities. Some initial impressions include:

* Evaluating the use of Energy Services on a broad scale at Emerson
operations

* Evaluating the solution package that we could jointly put together for
industrial customers with your Energy Services group and our remotely
controllable transfer switch, UPS and back-up power technologies that would
permit remote (Enron) control of whether a site is on/off the grid or even
selling power back to the grid.

* Evaluate the potential packages of Emerson systems, measuring devices,
control elements, power diagnostic, remote monitoring and visualization
products and technologies for use with Energy Services contract offerings -
- especially in specific vertical markets such as retail stores, grocery
stores, pipelines, paper plants,  semiconductor fabs, etc. We have over 2000
service and solutions people spread throughout USA and other world markets
which could support this effort.

* Enron Broadband Services is already a primary user of Emerson fiber optic
conduit, precision air conditioning, UPS, and other power and connectivity
products and services - - we can evaluate how we can extend our technology
platform to support the bandwidth market making activity and the content
offering of Enron.

* I also see some potential for Enron finance and risk management in
international infrastructure projects such as the Caspian Sea gas
development - - where it looks like there will be 30+ years of gas
production - - some of the local customers who are intrigued with embracing
our new PlantWeb Fields technologies for better yield/uptime/asset
management have had trouble getting conventional project finance resources
to support their projects. Given Enron understands what to do with gas in
kind, there could be a very interesting triangular arrangement with Enron,
Emerson, and local gas production companies.

These are some initial thoughts - - I expect there may be several other
interesting possibilities come to light as we start to have additional
conversations.

Steve, again, thanks for the arrangements yesterday and I will be back to
you shortly to organize a follow-up set of conversations.

Best Regards,

Mike Train
VP Planning
Emerson Electric Co:
T: 314-553-2120
F: 314-553-3851


what is going on?  how are things in denver?  have you and max finished
planning your wedding?  i need to know if you have everyone's email address
that will be attending the bachelor party.  i have got to get the plans for
the party together.  don't worry about it though b/c it will be clean fun.
let me know if you have them and how everything is going.

matt


Please see the attached file for the revised inception document. I would
appreciate any comments. We will be working on the specification of phase 2
once this document is signed off.

Thanks

Zhiyong

 -----Original Message-----
From:  Kitchen, Louise
Sent: Monday, March 19, 2001 11:15 AM
To: Wei, Zhiyong
Cc: Stock, Stephen; Storey, Geoff; Sullivan, Colleen; Perlman, Beth; Bibi,
Philippe A.
Subject: RE: GTV II

Comments:

Zhiyong Wei to be added to signature lists.
Timeline to include production dates - ie include UAT and production roll-out
dates.
Dependencies - where there are dependencies on other groups (any interaction
required with any group outside of Zheiyong's), these need to be highlighted
and a representative from that group needs to sign off on that portion of the
timeline ( a representative can not be below Director level in the
organiztion).

There are clearly many people rolling off early in this project who can be
utilized for Phase II - I would suggest the specfication for Phase II is
completed in the very near future as the majority of the work in this is done
in the very short term by the developers and it moves to the test team.

Please re-issue today.

Louise

From: Zhiyong Wei/ENRON@enronXgate on 03/16/2001 12:34 PM
To: Louise Kitchen/HOU/ECT@ECT
cc: Stephen Stock/ENRON@enronXgate, Geoff Storey/HOU/ECT@ECT, Colleen
Sullivan/HOU/ECT@ECT, Beth Perlman/ENRON@enronXgate, Philippe A
Bibi/ENRON@enronXgate

Subject: RE: GTV II

Louise,

Attached please find the inception document requested. I would greatly
appreciated your comments. I will be consulting Colleen and Geoff for any
necessary revision. I will be requesting signatures on Wednesday afternoon,
March 21.

Thanks

Zhiyong

 << File: inception_GTV II.doc >>

 -----Original Message-----
From:  Schoppe, Tammie   On Behalf Of Kitchen, Louise
Sent: Tuesday, March 13, 2001 4:24 PM
To: Wei, Zhiyong
Cc: Stock, Stephen; Storey, Geoff; Sullivan, Colleen; Perlman, Beth; Bibi,
Philippe A.
Subject: GTV II

I understand we have now finalized 90% requirements on the GTV II.

Please could we pull together the format inception document this week for
signature on your meeting next week with Geof and Colleen.

Document to include all requirements, dependencies and timelines.

I would suggest whoever is writing this spend some time with Geof this week.

Please circulate to draft all listed above including me.

Thanks,

Louise


Kay:

Here are my comments to the consent and assignment agreement.

Kent

 <<NY003699615_.doc>>

 - NY003699615_.doc


Greg,

You can call me on whatever you have, including Midway, SDEC and Medley
Dunn.  If I have a problem getting to something, I'll find help.

Kay

From: Greg Krause/ENRON@enronXgate on 05/23/2001 10:50 AM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: RE: AEW's backup

Kay,

Ann Elizabeth did not provide a designated hitter for the South Dade Energy
Center (Dade Development Company LLC is Optionee, Certosa Holdings is
Optionor) nor did she provide one for tne Medley Dunn project.  I have been
told that the Dunns are considering backing off their ultimatums that they
gave Ann Elizabeth and I regarding taxes to the town and assumption of
enviromental liability.  Who do I talk to about the Dunn contract while Ann
Elizabeth is out?
 -----Original Message-----
From:  White, Ann Elizabeth
Sent: Tuesday, May 22, 2001 10:33 PM
To: gkrause@enron.com; Krimsky, Steven; Ben Jacoby/HOU/ECT@ENRON; Carnahan,
Kathleen
Cc: Milligan, Taffy
Subject: AEW's backup

Kay Mann is the designated hitter for the Pompano and Deerfied projects while
I'm on vacation.  I've given her a down load of the status of Greg and
Steve's projects.  Chris Boehler at A&K will be the designated hitter for
Midway.  I'm not going to check my voice mail while I'm gone but, if
necessary, here are the contact numbers while I'm gone.

Walter and Marlena Schilling  011-49-8218-89351 schilling.jun@freenet.de

Monika and Bernhard Steinacher 011-49-8232-8932 m.steinacher@schwabmuenchen.de

If you call, Walter and Bernhard and Bernhard's daughter, Susanne, speak very
good English.  Monika's isn't bad.  Marlena may get flustered and hang up on
you.

Best of luck at Deerfield and hope to see Pompano on track when I get back in
the office on June 11th.  Kay is planning on going to Florida on June 12 for
the moratorium hearing and the rezoning hearing.


To register your Palm Computingc organizer electronically, you must have an
Internet connection or a modem connected to your computer.

Or if you prefer, you can fill out and send the mail-in registration card
included in your Palm Computing package.

Special rewards only for registered users:

-FREE software programs *
-FREE technical support **
-Upgrade information
-Important updates

* For a complete list of free software, go to www.palm.com/eregdownload
** Subject to change without notice