Mary,

     Thanks.  It is good news to hear that we overpaid based on the index price for at least one month, because it tends to show that we truly were mistaken and were not gaming Adkins on this deal. I probably do need a copy of the Supplier Reference Book that you prepared.  If you would have kept information pertaining to this review anywhere (electronically or hard-copy), please let me know.  By copy of this, I am asking my legal assistant, Becky Zikes, to follow up with you on this and get copies of all the information in your possession.

     Britt

     P.S. to Wade:  I need to meet with you anyway regarding your review of your notes that you were going to perform.  I would also greatly appreciate your supplying me with copies of whatever business documents we sent to Adkins after the date of the confirm on March 6.  I need to be able to put it in chronological order to fully understand it.  Again, I will have Becky Zikes follow up with you on a meeting where we can review all this documentation. Becky, it would be better for me for the meeting to take place in the second half of next week (and I would like you to attend).

    P.S. to Ron Nolte:  Ron, could I ask you to liaise with Mary and see if there is any way to retrieve the correspondence regarding her internal review that she says was lost when we moved to Outlook?  Please let me know if you need any further information from me on this.
 -----Original Message-----
From: 	Franklin, Mary Theresa
Sent:	Tuesday, October 16, 2001 6:35 PM
To:	Davis, Britt
Cc:	Nolte, Ron; Dickson, Stacy E.; Sanders, Richard B.; Singer, John; Price, Wade R.; Nolte, Ron; Wallumrod, Ellen; Sever, Stephanie; Smith, George F.
Subject:	RE: ENA v. Adkins

Wade Price should be able help you out on item #1.

I never was really assigned to "audit" the Appalachian suppliers.  I was midway through another Appalachian project , when I realized that there were several transport and purchase related issues.  So, I began compiling a Supplier Reference Book to get a better picture of supplier's activity.  I used this book to verify price change request.  I also used it to identify several incorrect requests for pricing adjustments and errors in Settlements' calc-sheets.  My concern for additional purchase errors led me to the review most of the Appalachian purchase deals.  It was during one of these activities that I identified the Adkin's payment errors.  I'm sorry, but I don't have any documented "audit" findings.  Any correspondence I did have was lost in the conversion to Outlook.  I do still maintain my Supplier Reference Book, but I don't think it would be much help.  However, I did review the CGAS IF pricing the for the year prior to the deal.  Only one month during that time was the index price higher than the contracted $3.075.  In fact they were considerably lower.  Also, I've reviewed the settlement statements, it appears we paid Mr. Adkins for three months before the error was caught.  The first month was paid at index (index was $0.06 lower than the contract price), the next month was paid at index ( index was $0.22 higher than contract price) and the third month was corrected to the $3.075 ( index was $4.53).   I think this correction made in Oct-00, is when he first realized there was an issue.  I hope this helps you,  Terry 3-7675.

 -----Original Message-----
From: 	Davis, Britt
Sent:	Tuesday, October 16, 2001 10:29 AM
To:	Dickson, Stacy E.
Cc:	Sanders, Richard B.; Singer, John; Price, Wade R.; Nolte, Ron; Wallumrod, Ellen; Franklin, Mary Theresa; Sever, Stephanie
Subject:	ENA v. Adkins

	Stacy,

	This will confirm our telephone conference with Mike Farrell, Franklin Adkins' attorney, today.  Based on my recommendation, you and I followed up with him today to see if Adkins still wanted to pursue his claim, despite our response to him.

	Farrell told us that although his client had not yet received his written legal analysis, Adkins does not want to drop the claim.  Farrell told you and me that he thought the "mere sending of your confirm" did not overweigh the months that ENA paid Adkins under the index price, which established in Farrell's view a course of dealing between the parties that made the index price the correct price.  During this short telephone conference, Farrell never said whether his client had received the confirmation.  Of course, our position is that whether Adkins' telefax machine printed out the confirmation is irrelevant; we have the evidence necessary to show that we sent it.

	Farrell told us that he expected to send us a response next week, continuing his demand for arbitration.  He did not say whether there would be any settlement offer in the letter.  I will advise you as soon as I receive Farrell's letter.

	I would be very pleased to arbitrate this for you as your trial counsel.  I believe that Farrell is correct in stating that there are sufficient facts to create a course of performance issue, on which arbitrators could rule in favor of Adkins.  However, I believe that we have a persuasive argument that ENA paid the incorrect price only as a result of a clerical error.  In order to support this argument, we also need to develop the following:

	1.  Did Franklin Adkins do or not do anything as the result of receipt of payment of the index price for a period of time that disadvantaged him?   The timing of when Adkins first realized he was being paid the index price may be critical.  I need to speak to the right person about how we would have made payment and what business documents were sent to Adkins after the confirm was telefaxed, and get copies of all those documents.  Could someone tell me who that would be?

	2.  Did ENA correct the price before or after the spot market price rose above the contract price? (You had kindly agreed to do the homework on this).  Also, I need Mary to advise me when she was instructed to perform the internal audit, why and by whom, and get copies from her of all her file material on that audit.

	I greatly appreciate your and everyone else's help.  If anyone has any thoughts on other homework we could or need to be doing, please let me know.  If anyone knows of someone else who needs to be in the loop on this, please let me know.

	I will continue to keep you advised.

	Britt


Following our announcement of an additional of $1 billion credit line, Standard & Poor's (S&P) today downgraded Enron's long-term credit rating one notch from BBB+ to BBB and short-term rating from A2 to A3.  We expected this, because it is not unusual to be downgraded after using assets to secure credit.  This is still above investment grade.

The ratings of our pipelines Northern Natural Gas and Transwestern have also been lowered from A- to BBB.  In S&P's words, "Their ratings [are now] in line with those of the parent company to reflect S&P's view that Enron's pipeline assets have become more strategic to the company."

S&P also said, "[We continue] to believe that Enron's liquidity position is adequate to see the company through the current period of uncertainty, and that the company is working to provide itself with an even greater liquidity cushion through additional bank lines and pending asset sales."

As I've said before, building on our liquidity position through additional credit lines maintains our counterparties' confidence and strengthens our core businesses.

It's important for you to know that our gas and power numbers - which account for more than 95 percent of our trading activity - indicate that our customer base is not withdrawing, closing out positions, or reducing transaction levels as a result of credit concerns.  In fact, EnronOnline trading volumes are currently experiencing above-normal activity.

We will continue to update you as new developments arise.  Thank you.


Attached is an omnibus for a deal done yesterday.  Please call me to
discuss.  There are a couple of things we should talk about regarding this
deal.

Thanks,

John


I would add the thought in para # of keeping up with "rapidly increasing
demand" rather than just demand.  Second, can we tease out of the governor's
position the concept that utilities "should" be buying forward, rather than
simply making it "simpler" to buy forward?

----- Original Message -----
From: Katie Kaplan <kaplan@iepa.com>
To: Tom Ross <tross@mcnallytemple.com>; Sue Mara <smara@enron.com>;
Stephanie-Newell <stephanie-newell@reliantenergy.com>; Rob Lamkin
<rllamkin@seiworldwide.com>; Richard Hyde <rwhyde@duke-energy.com>; Pigott
Jack <jackp@calpine.com>; Paula Hall-Collins
<paula.hall-collins@williams.com>; Norton Kelli <knorton@mcnallytemple.com>;
McNally Ray <rmcnally@mcnallytemple.com>; Marty Wilson
<mwilson@pstrategies.com>; Lynn Lednicky <lale@dynegy.com>; Kristin Vellandi
<kvellandi@pstrategies.com>; kent Palmerton <kent.palmerton@williams.com>;
Katie Kaplan <kaplan@iepa.com>; Kassandra Gough <kgough@calpine.com>; Karen
Edson <kedson@ns.net>; Julee Malinowski-Ball <jmball@ns.net>; John Stout
<John_H_Stout@reliantenergy.com>; Joe Ronan <joer@calpine.com>; Jeff
Dasovich <Jeff.Dasovich@enron.com>; Jean Munoz <jmunoz@mcnallytemple.com>;
Jan Smutny-Jones <smutny@iepa.com>; Greg Blue <gtb
Cc: Carol H Hudson <Chudson@iepa.com>; Steven Kelly <steven@iepa.com>
Sent: Wednesday, January 03, 2001 6:37 PM
Subject: FW: Cal Journal Ad #2

> Here is the second Cal Journal ad.  Please take a look and get any
comments
> back to me by 3:00 tomorrow  (Thursday January 4th).  Please let me know
if
> you can't open it.
>
> Thanks
>
> Katie Kaplan
> Manager of State Policy Affairs
> Independent Energy Producers Association
> (916) 448-9499
>
>


Transmission rate table has been updated for August...

M:\Electric\East Volume Mgmt\Transmission\Transmission Rates.xls

Please pass this along to anyone who could find it useful.

Thanks,
MJ


Attached is a modified version of the proposed PPA.   (Assuming this is still
the format) I have attempted to modify the table to better reflect a proposed
contract for the West power projects.  Look this over and let me know your
comments.


Hey Jim,

Thanks for the note.  Nothing much new to report here.  Ted was in South
Beach last weekend but came home a day early to work.  He's still trying to
talk me into buying a new car which I would like to do but can't figure out
what I really want.  I'm speaking at a conference in Key West next week and
will stay through the weekend - I think it's the only place left on the
continent that's warm.  Nothing like Zurich here but it's been in the 40's
and rainy - seems like forever since I've been fully warm through.

Let us know when you find a place to live

Mark


As required by the Houston Fire Department, a fire drill has been scheduled for the Enron Center Campus.

	Enron Center North, 1400 Smith St., approximately  3:15 PM on Thursday, December 20th, 2001

	Enron Center South, 1500 Louisiana St., approximately 3:45 PM on Thursday, December 20th, 2001

Please advise all clients, contractors, and visitors that this will be a fire drill only. The fire alarm will sound at 3:15 PM in Enron Center North and 3:45 PM in Enron Center South. You will be asked to go to the stairwell and standby.  Do not go into the stairwell.  Further instructions will be given over the public address system.  If you experience any difficulties in hearing either the fire alarm or any announcements over the public address system, please notify the Facilities Help Desk by e-mail at facilitieshelpdesk1@enron.com.

Anyone that is mobility impaired or medically disabled may be excused from participating in this drill by sending an e-mail to Harry Grubbs.

If you have any questions or need any additional information, please contact Harry Grubbs at 713-853-5417.


I can't seem to find it. I received Howell, Devon, North Central and EJW, but I don't see the Enron Statement for Sept.

Theresa - Please resend.  Sorry.

 -----Original Message-----
From: 	Felling, Amy
Sent:	Tuesday, October 23, 2001 4:37 PM
To:	Parker, Megan
Subject:	RE: Crestone 9/01

Theresa sent that to you... let me know if you still can't find the e-mail

 -----Original Message-----
From: 	Parker, Megan
Sent:	Tuesday, October 23, 2001 3:36 PM
To:	Felling, Amy
Subject:	Crestone 9/01

Amy:
Have you sent the Crestone Gathering sale spreadsheet to me for Sept.?  I've sort of lost track of what all I've received.  I still have it in draft status, so I don't think I've received it yet.  This has been a hectic week (and it's only Tuesday!).

Megan


Pat, please let me know if my email of last night did not go through.  I am in the office now 713-853-6401.  Thanks!!  Michelle

 -----Original Message-----
From: 	FMackin@aol.com@ENRON
Sent:	Saturday, November 17, 2001 12:13 AM
To:	Cash, Michelle
Subject:	Voice Message

Hi Michelle,
I received your voice message about drafting an amendment to the Severance Pay Plan, but I have not received your email describing the design of the amendment.
I have already drafted two amendments, a restated plan document and a form of resolution terminating the plan.  I should be able to make something fit the design you are sending me.
I have canceled plans for the morning so that I can help with this project, and look forward to working with you to finalize the amendment.
Pat


?
Subject: Click and go to http://www.enerfax.com if can not view  properly

?
 [IMAGE][IMAGE][IMAGE][IMAGE][IMAGE][IMAGE][IMAGE][IMAGE][IMAGE][IMAGE]
[IMAGE][IMAGE][IMAGE][IMAGE][IMAGE][IMAGE][IMAGE][IMAGE][IMAGE][IMAGE][IMAGE]
[IMAGE][IMAGE][IMAGE][IMAGE][IMAGE][IMAGE][IMAGE][IMAGE][IMAGE][IMAGE][IMAGE]
[IMAGE][IMAGE][IMAGE][IMAGE][IMAGE][IMAGE][IMAGE][IMAGE][IMAGE][IMAGE][IMAGE]
[IMAGE]

Enerfax Daily

Click here for  a daily email link

[IMAGE][IMAGE][IMAGE]

Enerfax  Daily? -? Page  ? -? October 26,  2000? -? ? Need a  Past Issue
-Click Here

[IMAGE][IMAGE][IMAGE]

Enerfax  Daily? -? Page  ? -? October 26, 2000

[IMAGE][IMAGE][IMAGE][IMAGE]

Enerfax  Daily? -? Page  ? -? October 26,  2000

[IMAGE][IMAGE]

Enerfax  Daily? -?  Page 6? -?  October 26, 2000

[IMAGE][IMAGE]

Natural? Gas? Storage?  Report

[IMAGE][IMAGE]

? ? ? ? ? ? Week?  ? ? ? ? ? ? ? ? ?  ? ? ? ? ? ? ? ?  Prev?
? ? ? ? ?  ?Ending? ? Prev? ? ? ?  ? ? ? ? ? ?Prev? ?  Year? ?
| Region | 10/20/00| Week | Diff | % Full | Year |  % Full
|  Prod? ?|? ?649? ?|? 627  |? 22? |? 68%? ?|? 860 |?  90%? ?
| East? ?|? 1613?  ?| 1566 |? 47? |? 88%? ?| 1701  |? 93%? ?
| West? ?|? ?380?  ?|? 378 |? ?2? |? 75%?  ?|? 430 |? 85%? ?
|? ? ? ?  |? ? ? ? ?|? ? ?  |? ? ? |? ? ? ? |?  ? ? |? ? ? ?
| Total? |? 2642?  ?| 2571 |? 71? |? 80%? ?| 2991  |? 91%? ?

[IMAGE][IMAGE][IMAGE]

Enerfax  Daily? -?  Page 7? -?  October 26, 2000

[IMAGE][IMAGE][IMAGE][IMAGE][IMAGE]

For more information, please Contact Ron Ford
at Ziff Energy Group, Houston, TX
(713) 627-8282 or Toll Free: 1-888-736-5780
Also, visit our web-site, www.ziffenergy.com, to review our  Brochure.

[IMAGE][IMAGE]

On-Line Natural Gas Reverse Auction

? ?
The East Coast  Natural Gas Cooperative has secured over 25 Bcf of natural
gas for  several Northeast distributors in an auction that worked in
reverse.  For the first time, the ECNGC staged a reverse auction where it is
the potential sellers who bid - downward - to win a sale to a buyer.  Nearly
50 packages of natural gas demand were on the procurement  block at various
times during the 4-day auction period, conducted  last week.

[IMAGE]

Financial Summary

[IMAGE][IMAGE]

The TSE 300 fell 840.30 points to 9511.80
The CRB  Index lost 2.76 points to 222.59
The US Dollar increased  1.09 points to 118.49 The Dow declined 66.59 points
to  10326.48

The S&P 500 gained 2.35 points to 1398.13
The Nasdaq  was down 190.34 points to 3229.45
December NYMEX Crude Oil fell  0.41 to 32.96 Canadian-US Exchange climbed
.0039 to  1.5115

")} TC [IMAGE]
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We do not have any special language prepared by our legal department for
munies.  We have sent out some special language on confirmations, but the
language was from the counterparty.  It was not prepared by our legal
department.

---------------------- Forwarded by Sharen Cason/HOU/ECT on 04/30/2001 03:42
PM ---------------------------

Rhonda L Denton
04/27/2001 05:06 PM
To: Kay Mann/Corp/Enron@ENRON
cc: Sharen Cason/HOU/ECT@ECT
Subject: Re: Long form

There are no riders.  Elizabeth or Janice may be able to help you with muni
language.  I will ask Sharen on Monday (confirm queen) if she is aware of any
muni language that she has used in the past.

Kay Mann@ENRON
04/27/2001 04:24 PM
To: Rhonda L Denton/HOU/ECT@ECT
cc:
Subject: Re: Long form

Many thanks.  Pardon my ignorance, but is there a list of riders to select
from? The transaction that we are contemplating is with a municipality, so we
need some muny language if such thing exists.

Thanks,

Kay


Shudeish called a few minutes ago and told me that Nancy Wrona had signed the
permits late this afternoon and he was sending them right out. Great news. I
thanked him and also left a thank-you message for Nancy.
Van

The information contained in this electronic mail message is confidential
information intended only for the use of the individual or entity named
above, and may be privileged.  If the reader of this message is not the
intended recipient or the employee or agent responsible to deliver it to the
intended recipient, you are hereby notified that any dissemination,
distribution or copying of this communication is strictly prohibited.  If you
have received this communication in error, please immediately notify us by
telephone (602-382-6000), and delete the original message.  Thank you.

G. Van Velsor Wolf Jr.
Snell & Wilmer L.L.P.
One Arizona Center
Phoenix , Arizona 85004-2202
602.382.6201 (direct)
602.382.6000 (main number)
602.382.6070 (fax)
vwolf@swlaw.com


Congrats and best of luck always!  It couldn't happen to a nicer guy.

From: LEE MARTIN/ENRON@enronxgate on 03/21/2001 03:36 PM CST
To: Mary Hain/HOU/ECT@ECT
cc:
Subject: Re: selected ferc - final

just taking over for Vickie Coonts--she retired in Feb.  Litigation and
claims.


---------------------- Forwarded by Eric Bass/HOU/ECT on 10/06/2000 08:22 AM
---------------------------

Jackson Logan
10/05/2000 04:57 PM
To: Errol McLaughlin/Corp/Enron@ENRON, Victor Guggenheim/HOU/ECT@ECT, Darron
C Giron/HOU/ECT@ECT, Eric Bass/HOU/ECT@ECT, Phillip M Love/HOU/ECT@ECT,
John_biegel@dell.com, bgalligan@mail.utexas.edu,
carey.t.ford@us.arthurandersen.com, jknight@knightrealestate.com,
gkaminski@dttus.com, Brian_Thorp@AIMFUNDS.COM, JAMES.SIVCO@chase.com,
tifftalbot@hotmail.com, jmwooton@yahoo.com, njw4@worldnet.att.net,
KHunter75@aol.com, ttalbot@bmoh.com, RCOLLINS@graubassett.com,
cameron.moates@us.pwcglobal.com, atransou@wsgr.com, onion@pdq.net,
shack4@alumni.utexas.net, ECard10007@aol.com, therter@velaw.com,
ryaf@softchoice.com, Madeofmetal@Sprintmail.Com, LtColby.H@att.net,
Stefanie_Wagenfeld@AIMFUNDS.COM, cshi@dynegy.com
cc:
Subject: Fwd: FW: TX/OU

---------------------- Forwarded by Jackson Logan/HOU/ECT on 10/05/2000 04:55
PM ---------------------------

"Tara Talbot" <ttalbot@bmoh.com> on 10/05/2000 03:58:29 PM
To: <Peter_Bourland@adc.com>, <JLewis1342@aol.com>, <jrayb10104@aol.com>,
<rsteel@border.net>, <RMassey@Central.UH.edu>, <JRBridenstine@cs.com>,
<ajohnston@doubleclick.net>, <kevins@emerging.com>, <chad.starnes@enron.com>,
<Jackson.Logan@enron.com>, <christine_petru@gensler.com>,
<ed_cardenas@hotmail.com>, <tifftalbot@hotmail.com>,
<Ashley_Morrison@lotus.com>, <jameslhull@msn.com>, <johnwheeler@pzlqs.com>,
<pkettler@reliantenergy.nl>, <ryaf@softchoice.com>,
<carey.t.ford@us.arthurandersen.com>, <Ronnye.E.Kettler@USA.conoco.com>
cc:
Subject: Fwd: FW: TX/OU

>>> "knust@ruf.rice.edu" 10/05/00 03:40PM >>>

-----Original Message-----
From: Brian Gourley Salomon Smith Barney WATS 800 890-2774
[mailto:gourleyb@swbell.net]
Sent: Thursday, October 05, 2000 11:39 AM
To: William Marsh; Zac McCarroll (E-mail); Trey Wadsworth; Susan Burkley;
Stephanie Friedman; Shea Morenz; Ryan Kraudel (E-mail); Ryan Donelson; MIke
Green; matt long; Martin Morgades; Mark Bauman; Luke Belsnnyder; Keith
McPherson; kd_buchanan@yahoo.com; kawise@hotmail.com; JASON HOELSCHER;
Foster Stained Glass; Ed Fisher; dwinfrey01@yahoo.com; David Odom; dave
distephano; cmartinez@houstonnefingrp.nefn.com; Chuck Girard;
chadh@rocketball.com; Carter Perrin; Brandon Calvo; billb@myriad.net;
asebert@utmb.edu; amartinez@lawhbc.com; Alan B. Knust; adam_butler@gsdm.com
Subject: TX/OU

Horns fans, print this off and put on your burnt orange.  Someone sent me
this a year ago, and it still gives me the chills.

Hook 'em

Brian

 - WHATISLONGHORNSPIRIT.DOC


Due to a system error this original email could not open the powerpoint
presentation. Please launch the attachment.

Enron Global Markets has experienced tremendous growth since inception and
this growth rate will continue to increase as new businesses and markets are
developed.  In order to ensure EGM Operations & Accounting is positioned to
provide the highest level of support and value to each EGM business unit, I
am pleased to announce the following organizational changes effective
immediately.

Physical Commodity Operations
These groups, which include Crude & Products, Coal, LNG, Freight and Weather,
are being reorganized along functional lines to provide better focus and
promote efficiencies across these operational activities.  Weather is being
included in this group to maintain the consistency of current Operations
leadership in this area.

      Business Risk Controls
Todd Hall will assume the role as Business Risk Controller on a worldwide
basis for the physical businesses.  This group will have responsibility for
all Risk Management activities and serve as the daily commercial interface
for all operational issues that affect the physical businesses.

North America Operations
Michelle Bruce will assume responsibility for the following activities that
support the physical businesses for North America:  Confirmations,
Coordination, Settlements and Trade Accounting.  Michelle and her team will
also play a key role in coordinating operational activities as they relate to
potential acquisitions and new business opportunities within North America.

Europe/Asia Operations
Cindy Horn will continue in her role managing the following activities for
the physical businesses in Europe and Asia:  Confirmations, Coordination,
Settlements and Trade Accounting.  Cindy and her team will also have the
critical responsibility of ensuring proper controls and processes are
maintained for all new and existing markets throughout the region.  Tiong
Hock Lim and his team in Singapore will report to Cindy.

Financial Commodity Operations
Sheila Glover will expand her current role and manage all business risk and
operational activities for Financial Trading and Global Risk Management.  As
the Global Risk Management business grows, Sheila will develop the
operational processes and infrastructure necessary to support it.

Todd, Michelle, Cindy and Sheila will also work together as a Controller team
to ensure processes and controls are consistent across EGM and that
efficiencies are broadly applied.

Structuring/Transaction Analysis
Scott Earnest will assume responsibility for all commodity structuring and
transaction analysis activities across EGM.  His duties will include pricing
and valuation of new transactions and businesses, evaluation of existing
transactions to identify restructuring opportunities and risk controls
monitoring and reporting.

Technology
Kevin Sweeney will continue in his role as Technology Controller.  Kevin and
his team will be completing the implementation of Project Thunderball for
Crude & Products and Coal and will also serve as the Business Leads for
system enhancements and new technology opportunities that are identified.

Financial Operations & Accounting
Tom Myers will continue in his role of managing EGM Financial Operations &
Accounting.  Tom and his group are responsible for EGM management reporting,
Plan & Current Estimate preparation, the financial close process and G/L
controls.

Please see the attached organizational chart for a more detailed look at the
changes discussed above.

   Please join me in congratulating everyone on their new assignments.


Well, go with Startech's invoice.

Thanks


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 07/19/2000
06:47 PM ---------------------------

webmaster@cera.com on 07/14/2000 10:04:13 PM
To: vince.j.kaminski@enron.com
cc:
Subject: Monthly Briefing: The Pressure Remains - CERA Alert

**********************************************************************
CERA Alert: Sent Fri, July 14, 2000
**********************************************************************

Title: Monthly Briefing: The Pressure Remains
Author: N. American Gas Team
E-Mail Category: Alert
Product Line: North American Gas ,
URL: http://www.cera.com/cfm/track/eprofile.cfm?u=5166&m=1272 ,

Pressure in the North American gas markets remains intense, despite moderate
summer weather that so far has allowed storage injections to average over 10
billion cubic feet (Bcf) per day. High injection rates have provided
occasional relief for prices, but summer is far from over. The absolute level
of storage inventories remains critical, and the prices should stay above the
$4.00 per million British thermal units (MMBtu) level through August. The
competition between power generation and storage for supply will continue,
and gas prices must remain high enough to discourage marginal end-use demand
and allow low storage inventories to build. CERA expects an average price of
$4.20 per MMBtu at the Henry Hub for August (see Table 1), which will result
in continued burning of residual fuel oil by the Atlantic Coast dual-fuel
market and continued ammonia plant shutdowns, which began during the May and
June price increases.

Although continued strong storage injections would take some pressure off the
gas market, a shift to a lower pricing plane--below $4.00 per MMBtu--depends
on sustained mild summer weather. CERA expects gas demand for power
generation to climb through the end of July and into August, and higher
temperatures and power loads will limit supply that is available for
injections. The pressure in the market is likely to tighten over the weeks to
come, and the market will remain vulnerable to price spikes above $4.50 per
MMBtu through August and September.

Gas Storage--Not Yet Enough
Despite recent high storage injection rates, storage inventories are not high
enough to ensure that supplies will reach adequate levels for next winter. An
end of mild weather in the Midwest and Northeast and seasonally intense heat
in the Southwest would cause injection rates to decline significantly over
the remainder of July and into August. The result would be injections
averaging approximately 9.0 Bcf per day for July, largely owing to higher
rates early in the month, and 7.0 Bcf per day for August (see Table 2).

These rates would keep the year-over-year inventory deficit above 350 Bcf for
July and August, with inventories on a path to reach between 2.7 and 2.8
trillion cubic feet (Tcf) by the end of October, still an all-time low level
for the beginning of winter. Reaching even this level would require at least
two of the following to occur: a continuation of quite mild weather, little
or no hurricane activity in the Gulf of Mexico, or warm weather through
October. As a result, the pressure is likely to remain high in the gas market
at least through August.

Regional Markets--The Topock Premium
Buoyed by strong regional power demand and high utilization rates on
pipelines into California, Topock continues to be the highest pricing point
in North America. High power loads in the West are supporting other prices in
the region, but supply growth and pipeline capacity constraints out of the
Rockies and high pipeline utilization rates between the San Juan Basin and
California have maintained extremely wide differentials between those markets
and California. California should remain strong, and CERA expects some modest
strengthening in Rockies and San Juan basis differentials during July and
August with increasing Pacific Northwest gas demand for power generation (see
Table 3).

CERA's outlook by region follows:

* Rockies. Continued strong supply growth in the Rockies is challenging
pipeline capacity out of the region, and differentials have come increasingly
under pressure this summer. CERA expects some modest recovery in Rockies
differentials as hydroelectric generation on the Pacific Northwest declines.
Differentials should average $0.55 per MMBtu for August.

* San Juan. CERA expects continued strong power loads in the West to keep San
Juan prices near current differential levels. August differentials should
average $0.35 per MMBtu for August.

* Permian and Mid-Continent. Hotter weather and higher power loads in Texas
have already strengthened differentials at the Permian Basin, and that
tightening should hold through August. The Mid-Continent should continue to
price at a discount to Permian supplies.

* Chicago. Chicago prices have held just above $0.05 above the Henry Hub for
much of July, a condition CERA does not expect to change significantly during
August. Chicago should average $0.06 above the Henry Hub.

* Northeast markets. Mild weather in the Northeast quickly cooled price
premiums from the mid-$0.40s to the mid-$0.20s from early to mid-July. With
hot weather still likely to return, however, New York prices for August
should average $0.32 above the Henry Hub.

Canadian Markets--Western Supply No Longer in Decline?
Although TransCanada flows are down, the strong market overall and wide
differentials have resulted in increased flows on PGT (up 300 million cubic
feet [MMcf] per day year-over-year). Domestic demand is still down slightly
from last year's levels. Storage injections have picked up (in both the East
and West) and, although behind last year's, are still above the five-year
average. Western Canadian supply increased slightly on a year-over-year basis
in June; July thus far is basically running flat with last year.

The impact of the 1999 TransCanada capacity turnback and the current rate
structure is beginning to be felt in the Canadian market. It is more and more
apparent that TransCanada is becoming the swing pipeline, with flows 400 MMcf
per day below last year's levels. The effect of the difference between
contracted capacity (available to shippers at incremental cost) and
uncontracted capacity (available only on a full-cost basis) is becoming
evident. With supply filling contracted capacity on export pipes, the
inability of TransCanada to discount below the minimum interruptible rate may
be creating a two-tiered market. This shift results in a different netback
for holders of capacity (similar to the higher netback achieved by the
aggregators in the past) and those without capacity (those required to
acquire full cost transportation, or to sell at AECO). This lack of
flexibility is contributing to the wider differential between Henry Hub and
AECO (currently averaging in the high U!
S$0.70s). AECO is expected to average C$4.91 per gigajoule (US$3.52 per
MMBtu) for August.

**end**

Follow URL for PDF version of this Monthly Briefing with associated Tables.
Note: Should the above URL not work, please use the following:
http://www.cera.com/client/nag/alt/071400_15/nag_alt_071400_15_ab.html

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Copyright 2000. Cambridge Energy Research Associates


The PRC meeting location has changed to the Enron Building 50th floor in the
Board Room.   Lunch will arrive at 11:00 a.m..and the meeting will begin
promptly at 11:30.  Please plan to arrive in enough time to pick up your
lunch so that discussions can begin promptly.

Also, bring the Consolidated Report contained in the PEP system and any
accomplishments the employee supplied to you.  If you have not done so, make
sure you have complete information on individuals you are responsible for
representing during the meeting.  Advance preparation will assist in the
discussion.

I will be in meetings most of this week so feel free to leave me a voice mail
if you have questions and I will return your call at the first opportunity.
If you need to speak to someone immediately please contact Ramona Perkins at
X58465.

Norma Villarreal
x3154


---------------------- Forwarded by Mark Elliott/LON/ECT on 26/04/2000 18:08
---------------------------

Mark Elliott
10/01/2000 14:29
To: Thomas D Gros/HOU/ECT@ECT, Jay Hawthorn/Enron Communications@Enron
Communications
cc: Kristina Mordaunt/Enron Communications@Enron Communications, Alan
Aronowitz/HOU/ECT@ECT, Michelle Hicks/Enron Communications@Enron
Communications, Mary Nell Browning/LON/ECT@ECT, Mark Schroeder/LON/ECT@ECT

Subject: FW: Bandwidth Trading Reports

Per previous e-mail, herewith the balance of the Bandwidth Due Diligence
Reports.

Kind regards

Mark
---------------------- Forwarded by Mark Elliott/LON/ECT on 10/01/2000 14:27
---------------------------

	Enron Capital & Trade Resources Corp.

	From:  Ann.Buckingham@CliffordChance.com                           05/01/2000
14:27

To: Mark Elliott/LON/ECT@ECT
cc:

Subject: FW: Bandwidth Trading Reports

Mark, as promised, here are electronic versions of all bar Spain.  Please
could you confirm receipt.

Many thanks
Ann

> -----Original Message-----
> From: Buckingham, Ann (MCC-LON)
> Sent: Tuesday, December 21, 1999 3:41 PM
> To: 'melliot@enron.co.uk'
> Cc: Schwarz, Tim (MCC-LON)
> Subject: Bandwidth Trading Reports
>
> Dear Mark
>
> Hopefully by now you will have received the Asian, Italian and German
> Bandwidth Trading Reports couriered to you yesterday.  The Netherlands and
> France are on their way.  I am expecting to receive the final version of
> Spain today and will forward that on as soon as I can.  For your ease of
> reference, please find attached electronic versions of each of the
> Bandwidth Trading Reports (except Spain).
>
> Merry Christmas and Happy Millennium!
> With best wishes
>
> Ann Buckingham
>
>  <<Singapore.doc>>  <<China.doc>>  <<Hong Kong.doc>>  <<Italy.doc>>
> <<Germany.doc>>  <<France.doc>>  <<The Netherlands.doc>>

 - Singapore.doc
 - China.doc
 - Hong Kong.doc
 - Italy.doc
 - Germany.doc
 - France.doc
 - The Netherlands.doc

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

This message and any attachment are confidential and may be privileged or
otherwise protected from disclosure.  If you are not the intended recipient,
please telephone or email the sender and delete the message and any
attachment from your system.  If you are not the intended recipient you must
not copy this message or attachment or disclose the contents to any other
person.

For information about Clifford Chance LLP, Clifford Chance Rogers & Wells LLP
and Clifford Chance Puender, including a list of the partners, please see our
website at http://www.cliffordchance.com


I believe credit is trying to decide what to do considering the recent changes in the airlines' positions.

 -----Original Message-----
From: 	Friedman, Richard
Sent:	Monday, October 08, 2001 9:01 AM
To:	Taylor, Mark E (Legal)
Subject:	American Airlines ISDA

Has anything happened on this? Has credit ever responded to you?

Rich Friedman
Enron Global Markets LLC
richard.friedman@enron.com
713-853-5137


whatever

 -----Original Message-----
From: 	Huble, Amanda
Sent:	Thursday, May 24, 2001 4:36 PM
To:	Maggi, Mike
Subject:	RE:

I'M SORRY

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Thursday, May 24, 2001 4:35 PM
To:	Huble, Amanda
Subject:	RE:

you suck

 -----Original Message-----
From: 	Huble, Amanda
Sent:	Thursday, May 24, 2001 4:10 PM
To:	Maggi, Mike
Subject:	RE:

now?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Thursday, May 24, 2001 4:10 PM
To:	Huble, Amanda
Subject:	RE:

yes, when

 -----Original Message-----
From: 	Huble, Amanda
Sent:	Thursday, May 24, 2001 3:14 PM
To:	Maggi, Mike
Subject:

Do you have any smokes, I need one BAD!

Amanda K. Huble
Gas Fundamentals
Phone: (713) 853-4384
Pager: (877) 482-0772
Fax: (713) 646-8453


Hi guys,

I'd like to get the shipping info on the light fixture so I know when to expect it due to the holiday.

See you soon,

Jeff Shankman

 -----Original Message-----
From: 	Mondo Cane <mondomodern@earthlink.net>@ENRON
Sent:	Tuesday, November 13, 2001 4:40 PM
To:	Shankman, Jeffrey A.
Subject:	requested pix from Mondo Cane

Hey Jeff: Here are the photos of the James Mont settees and the Gio Ponti
enamel you requested at the Modernism show.

The zigzag lamp is being packed and will be on its way via UPS by Thursday,
and your receipt is in the mail.

Pair James Mont settees:
Dimensions: 54" w x 32" deep x 26.5" high
Price: $17,000.00

Gio Ponti for Del Campo enamel:
Dimensions: 12.5" long x 5" deep x .75" high
Price: $850.00

Please let us know if you have any questions. Hope we see you again soon in
New York!

Becca

--
Greg Wooten
Patrick Parrish
Mondo Cane
143 West 22nd Street
New York, New York 10011
1.646.486.7616
1.646.486.7615 Fax

 - Mont settees 3.JPG copy << File: Mont settees 3.JPG copy >>


Jack,
We have located your Fed Ex.  sorry for the confusion.  I have skimmed
through your comments.  Looks like most of them are credit-related.  Could we
schedule a call with the lawyers and credit folks to wrap this up and then
you and I can discuss remaining legal issues?  Let me know what you think as
well as times that would be good for you and your folks.  I would guess that
we need about 1-11/2 hours.

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

	"Falconi, Jack (TIFS)" <Jack.Falconi@guarantygroup.com>
	05/22/2001 09:07 AM

		 To: Carol.St.Clair@enron.com, "Falconi, Jack (TIFS)"
<Jack.Falconi@guarantygroup.com>
		 cc: Jim.Crump@enron.com
		 Subject: RE: Comments

I fed'exed my comments to Susan Bailey for receipt 5/17, and I notified you
of this in an e-mail sent on 5/16.  Let me know if it did not arrive.

-----Original Message-----
From: Carol.St.Clair@enron.com [mailto:Carol.St.Clair@enron.com]
Sent: Tuesday, May 22, 2001 9:04 AM
To: Jack.Falconi@guarantygroup.com
Cc: Jim.Crump@enron.com
Subject: Comments

Jack,
Did you send over your comments?  I have not received anything by fax or
messenger and our business folks are anxious to move this forward.  Please
let me know where things stand.  Thanks.

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


Please note the time change for the the EGM Org. Post Petition meeting.  The meetings scheduled every Monday and Wednesday will now be held from 9:30-10:30 am CST in ECN 30C1.  The next meeting will be held Monday, February 4.  Please plan to attend or use the dial-in number shown below:

	Domestic Callers
	Dial 1-877-987-1409  Operator will assist with the call
	Leaders Name:  Gary Hickerson
	Pass Code:  Gary

	International Participants
	Dial 001-610-769-3343	Operator will assist with the call
	Leaders Name:  Gary Hickerson
	Pass Code:  Gary

LONDON EMPLOYEES ONLY:  Please meet in conference room SE1002 (tele# 011-44-207-783-0113) and dial into the meeting using the number above.  If you have any questions, please call Kathy Tibbs in London on ext. 5479.

Thank you.

Judy Zoch
Enron Global Markets LLC
Financial Trading
1400 Smith
Houston, TX  77002
(713) 853-0655
email:  judy.zoch@enron.com


_________________________________________________________________

WEEKEND SYSTEMS AVAILABILITY

FOR

1/25/2002 5:00:00 PM through 1/28/2002 12:00:00 AM
_________________________________________________________________

Impact:   San Palo
Time:   Thur 1/24/2002 12:00:00 PM CT thru Sun 1/27/2002 12:00:00 PM CT
	Thur 1/24/2002 10:00:00 AM PT thru Sun 1/27/2002 10:00:00 AM PT
	Thur 1/24/2002 6:00:00 PM London thru Sun 1/27/2002 6:00:00 PM London
Outage:   New server room
Environments Impacted:   File Server, Notes servers, Print Server, Internet access.
Purpose:   Put 02 servers room in just 01 room. Rebuild all cabling (data and voice). This is set on CST.
Backout:   Back to original room.
Contact(s):   Nilson Busto  55-11-5503-1347

Impact:   Corp
Time:   Fri 1/25/2002 1:45:00 PM CT thru Fri 1/25/2002 2:45:00 PM CT
	Fri 1/25/2002 11:45:00 AM PT thru Fri 1/25/2002 12:45:00 PM PT
	Fri 1/25/2002 7:45:00 PM London thru Fri 1/25/2002 8:45:00 PM London
Outage:   Change Management Emergency Outage
Environments Impacted:   Change Management System Outage.
Purpose:   Change Management Application needs emergency maintenance.
Backout:   NA
Contact(s):   Brennan, Ryan  713-853-4545
	Ray, Edward  7138536744
	Brooks, Sean L  713-345-8077


It might be a good idea to have a conference call to discuss the state
treasurer's proposal released last Friday.  A summary is attached.  If folks
agree that a call would be useful, does Noon PST (on Monday) work?

Best,
Jeff


Arem will get involved in this.  I don't see a need for Enron to file separately.

-----Original Message-----
From: Dan Douglass [mailto:douglass@earthlink.net]
Sent: Sunday, November 11, 2001 9:19 PM
To: ARM
Subject: Fw: A.00-11-038 et al. (ALJ Pulsifer Ruling) - IMPORTANT !

Check this out:  apparently TURN is trying to use the proceeding dealing
with inter-utility allocation of DWR costs as a vehicle FOR ALLOCATING COSTS
TO DIRECT ACCESS CUSTOMERS.  CLECA will be filing a motion to strike on
Tuesday....AReM should join in support of that motion.

Dan

Law Offices of Daniel W. Douglass
5959 Topanga Canyon Blvd.  Suite 244
Woodland Hills, CA 91367
Tel:   (818) 596-2201
Fax:  (818) 346-6502
douglass@energyattorney.com
----- Original Message -----
From: "William Booth" <wbooth@booth-law.COM>
To: "'Pulmano, Erlinda'" <eap@cpuc.ca.gov>;
<DavoodiKR@efaches.navfac.navy.mil>; <FurutaNJ@efawest.navfac.navy.mil>;
<LVanWagenen@sempra.com>; <NXK2@pge.com>; <RJP2@pge.com>; <ROTT1@aol.com>;
<Slayman@energy.state.ca.us>; <a0011038@cpuc.ca.gov>; <abb@eslawfirm.com>;
<ad046@detroit.freenet.org>; <aglandenergy@earthlink.net>;
<alexm@calpine.com>; "Chan, Amy W." <amy@cpuc.ca.gov>; <anchau@shellus.com>;
<andrew@mbvlaw.com>; <aorchar@smud.org>; <askaff@energy-law-group.com>;
"Hartmann, Audra" <ath@cpuc.ca.gov>; <athomas@newenergy.com>; "Premo, Anne
W." <awp@cpuc.ca.gov>; "Yip-Kikugawa, Amy" <ayk@cpuc.ca.gov>;
<beth.fox@sce.com>; <bfinkelstein@turn.org>;
<bill.mccallum@ci.fresno.ca.us>; <bill.wells@tyndall.af.mil>;
<bill@jbsenergy.com>; <billw@calpine.com>; <bishop@jrwood.com>;
<blaising@braunlegal.com>; <bloomje@la.whitecase.com>;
<bob_anderson@apses.com>; <bradylaw@pacbell.net>; <brb3@pge.com>;
<brbarkovich@earthlink.net>; "Khoury, Dexter" <bsl@cpuc.ca.gov>;
<btenney@landuselaw.com>; <butzjh@apci.com>; "Linsey, Steve"
<car@cpuc.ca.gov>; <cfm3@pge.com>; <chilen@llgm.com>; <chrism@mid.org>;
<christine_ferrari@ci.sf.ca.us>; <ckingaei@yahoo.com>;
<clpearce@duanemorris.com>; <cmkehrein@ems-ca.com>; "Walwyn, Christine M."
<cmw@cpuc.ca.gov>; <cpeyton@sacbee.com>; <cread@steptoe.com>; "Danforth,
Christopher" <ctd@cpuc.ca.gov>; <cwrmccv@worldnet.att.net>;
<cyounger@manatt.com>; <dcarroll@dbsr.com>; <ddavie@hesinet.com>;
<deb@a-klaw.com>; <derkp@newsdata.com>; <dgeorge@kroger.com>;
<dhuard@manatt.com>; <difellman@energy-law-group.com>; <dkk@eslawfirm.com>;
"Lafrenz, Donald J." <dlf@cpuc.ca.gov>; <dmarcus@slip.net>;
<doug.anderson@calenergy.com>; <douglass@energyattorney.com>;
<dpritchard@mofo.com>; <drp6@pge.com>; <dws@keywaycorp.com>; <ed@apx.com>;
<ed@clfp.com>; <edwardoneill@dwt.com>; <ek@a-klaw.com>; <ell5@pge.com>;
<emitchel@angnewspapers.com>; <epoole@adplaw.com>; <firmiyas@dof.ca.gov>;
<fmo@sdcity.sannet.gov>; <foothill@lmi.net>; <fosterbc@sce.com>;
<frank.cooley@sce.com>; <freedman@turn.org>; <fspillman@akingump.com>; "Fua,
Faline" <fua@cpuc.ca.gov>; <fwmonier@tid.org>; <gdreed@sidley.com>;
<gerhordt.herbert@msdw.com>; "Kinosian, Robert" <gig@cpuc.ca.gov>;
<glsg@pge.com>; <gtbl@dynegy.com>; <harrington@ggra.org>; <hbd@gweiss.com>;
<hchoy@isd.co.la.ca.us>; <hmoore@pcit.com>; <hodgesjl@pacbell.net>;
<honest@compuserve.com>; <huse@eesconsulting.com>;
<iberrio@greenlining.org>; <j.p.shotwell@sce.com>; <jbarthrop@electric.com>;
<jbennett@gmssr.com>; <jbradley@svmg.org>; <jbushee@sablaw.com>;
<jcpaine@stoel.com>; <jdh@eslawfirm.com>; <jeff@hmhresources.com>;
<jerryl@abag.ca.gov>; <jesse.avila@ci.fresno.ca.us>; <jguzman@nossaman.com>;
<jhay@sempra.com>; <jhg@meyersnave.com>; <jimross@r-c-s-inc.com>; "Zeller,
Jason" <jjz@cpuc.ca.gov>; <jleslie@luce.com>; "Lo, Jeanette"
<jlo@cpuc.ca.gov>; <jlondon@gralegal.com>; <jlyoung@sempra.com>;
<jmalkin@orrick.com>; "Halligan, Julie" <jmh@cpuc.ca.gov>; <jmrb@pge.com>;
<jnnc@chevron.com>; <joe.paul@dynegy.com>; <joeyoung@ebmud.com>;
<jogg@jhenergy.com>; <jon.jacobs@paconsulting.com>; <jparrott@sempra.com>;
<jpbatmale@realenergy.com>; <jpeck@sempra.com>; "DeUlloa, Joseph R."
<jrd@cpuc.ca.gov>; <jskillman@prodigy.net>; <jsmollon@newwestenergy.com>;
<jsqueri@gmssr.com>; "Wong, John S." <jsw@cpuc.ca.gov>;
<jtachera@energy.state.ca.us>; <julesan@aol.com>; <jweil@aglet.org>;
<jweisgall@aol.com>; <jyf1@pge.com>; <karen@klindh.com>; <kcheh@omm.com>;
<kduggan@capstoneturbine.com>; <keith-sappenfield@reliantenergy.com>;
"Lippi, Kimberly" <kjl@cpuc.ca.gov>; <kmccrea@sablaw.com>;
<kmcspadd@milbank.com>; <kmelville@sempra.com>; <kmills@cfbf.com>;
"Kajopaiye, Kayode" <kok@cpuc.ca.gov>; <kpoole@adamsbroadwell.com>;
<lifcentral@lif.org>; <lindseyhowdowning@dwt.com>; "Krannawitter, Laura L."
<llk@cpuc.ca.gov>; <lmh@eslawfirm.com>; "Serizawa, Linda" <lss@cpuc.ca.gov>;
<luluw@newsdata.com>; <lwhouse@el-dorado.ca.us>;
<margery.a.neis@us.pwcglobal.com>; <maxian_miriam@jpmorgan.com>;
<mbazeley@sjmercury.com>; <mbrubaker@consultbai.com>; <mday@gmssr.com>;
<mdjoseph@adamsbroadwell.com>; <melanie_gillette@rmiinc.com>; "Stevens,
Maria E." <mer@cpuc.ca.gov>; <mgomez1@bart.gov>; <mhg@hetrading.com>;
<michael.neville@doj.ca.gov>; <mjaske@energy.state.ca.us>;
<mkramer@akingump.com>; <mmattes@nossaman.com>; <mpa@a-klaw.com>;
<mpatel@sidley.com>; <mrh2@pge.com>; <mschwebs@energy.state.ca.us>;
<mshames@ucan.org>; "Vanko, Maria" <mv1@cpuc.ca.gov>;
<napedersen@jonesday.com>; <nryan@environmentaldefense.org>;
<oshirock@pacbell.net>; <patrickm@crossborderenergy.com>;
<paul.harris@bridge.com>; <pbray@newpower.com>; <perrault@perrcon.net>;
<peter_fox-penner@brattle.com>; <phanschen@mofo.com>; <picketse@sce.com>;
<pjmuller@ricochet.net>; <pjpowerlaw@aol.com>; "Durgin, Pamela M."
<pmd@cpuc.ca.gov>; <pvanmidde@earthlink.net>; <pxo2@pge.com>;
<randy.chinn@senate.ca.gov>; <randy_britt@mayco.com>; "White, Rosalina"
<raw@cpuc.ca.gov>; "Campbell, Rod" <rax@cpuc.ca.gov>; <rbw@mrwassoc.com>;
"Cagen, Robert C." <rcc@cpuc.ca.gov>; <riald@kindermorgan.com>;
<rick.counihan@greenmountain.com>; <rkeen@manatt.com>; <rliebert@cfbf.com>;
<rmccann@cal.net>; <robert.d.schasel@fritolay.com>;
<rogerberliner@bcjlaw.com>; <ronknecht@aol.com>;
<rpernell@energy.state.ca.us>; <rrcollins@n-h-i.org>; <rrh3@pge.com>;
<rschmidt@bartlewells.com>; <rtavares@energy.state.ca.us>; "Feraru, Robert
T." <rtf@cpuc.ca.gov>; <rtp1@pge.com>; <sberlin@mccarthylaw.com>;
<scottst@mid.org>; "Roscow, Steve" <scr@cpuc.ca.gov>; <sdrossi@calpx.com>;
"Casey, Sean F." <sfc@cpuc.ca.gov>; <sgreenberg@realenergy.com>;
<smoss@hooked.net>; <smutny@iepa.com>; "Ross, Steve" <sro@cpuc.ca.gov>;
<ssmyers@worldnet.att.net>; <thaines@smud.org>;
<theresa_mueller@ci.sf.ca.us>; <thixson@mdbe.com>; <thoulihan@mdbe.com>;
<tknox@klalawfirm.com>; <tmberliner@duanemorris.com>;
<tomb@crossborderenergy.com>; <tonywetzel@home.com>; <tregtremont@dwt.com>;
<troberts@sempra.com>; "Pulsifer, Thomas R." <trp@cpuc.ca.gov>;
<tsmegal@calwater.com>; "Burns, Truman L." <txb@cpuc.ca.gov>;
<uwuaregion5@earthlink.net>; "William Booth" <wbooth@booth-law.COM>;
<wendy@econinsights.com>; <whe1@pge.com>; "Yee, Helen W." <yee@cpuc.ca.gov>;
<trp@cpuc.ca.gov'>
Sent: Friday, November 09, 2001 4:36 PM
Subject: RE: A.00-11-038 et al. (ALJ Pulsifer Ruling)

> ALJ Pulsifer  --  Pursuant to your instructions at today's PHC, this is to
> inform you and the parties that CLECA will file a Motion to Strike
portions
> of the testimony of TURN witness Marcus and PG&E witness Kuga that address
> the creation of specific fees or charges on direct access customers.  That
> issue is specifically before Comm. Wood and ALJ Barnett in A.98-07-003 and
> it is not appropriately part of the inter-utility allocation of DWR costs
> that is the subject of this proceeding.  I believe that other customer
> groups will join CLECA in that filing, which we plan to make on Tuesday
when
> the Commission opens for business.  William Booth
>
> > -----Original Message-----
> > From: Pulmano, Erlinda [mailto:eap@cpuc.ca.gov]
> > Sent: Friday, November 09, 2001 6:14 PM
> > To: 'DavoodiKR@efaches.navfac.navy.mil';
> > 'FurutaNJ@efawest.navfac.navy.mil'; 'LVanWagenen@sempra.com';
> > 'NXK2@pge.com'; 'RJP2@pge.com'; 'ROTT1@aol.com';
> > 'Slayman@energy.state.ca.us'; 'a0011038@cpuc.ca.gov';
'abb@eslawfirm.com';
> > 'ad046@detroit.freenet.org'; 'aglandenergy@earthlink.net';
> > 'alexm@calpine.com'; Chan, Amy W.; 'anchau@shellus.com';
> > 'andrew@mbvlaw.com'; 'aorchar@smud.org'; 'askaff@energy-law-group.com';
> > Hartmann, Audra; 'athomas@newenergy.com'; Premo, Anne W.; Yip-Kikugawa,
> > Amy; 'beth.fox@sce.com'; 'bfinkelstein@turn.org';
> > 'bill.mccallum@ci.fresno.ca.us'; 'bill.wells@tyndall.af.mil';
> > 'bill@jbsenergy.com'; 'billw@calpine.com'; 'bishop@jrwood.com';
> > 'blaising@braunlegal.com'; 'bloomje@la.whitecase.com';
> > 'bob_anderson@apses.com'; 'bradylaw@pacbell.net'; 'brb3@pge.com';
> > 'brbarkovich@earthlink.net'; Khoury, Dexter; 'btenney@landuselaw.com';
> > 'butzjh@apci.com'; Linsey, Steve; 'cfm3@pge.com'; 'chilen@llgm.com';
> > 'chrism@mid.org'; 'christine_ferrari@ci.sf.ca.us'; 'ckingaei@yahoo.com';
> > 'clpearce@duanemorris.com'; 'cmkehrein@ems-ca.com'; Walwyn, Christine
M.;
> > 'cpeyton@sacbee.com'; 'cread@steptoe.com'; Danforth, Christopher;
> > 'cwrmccv@worldnet.att.net'; 'cyounger@manatt.com'; 'dcarroll@dbsr.com';
> > 'ddavie@hesinet.com'; 'deb@a-klaw.com'; 'derkp@newsdata.com';
> > 'dgeorge@kroger.com'; 'dhuard@manatt.com';
> > 'difellman@energy-law-group.com'; 'dkk@eslawfirm.com'; Lafrenz, Donald
J.;
> > 'dmarcus@slip.net'; 'doug.anderson@calenergy.com';
> > 'douglass@energyattorney.com'; 'dpritchard@mofo.com'; 'drp6@pge.com';
> > 'dws@keywaycorp.com'; 'ed@apx.com'; 'ed@clfp.com';
'edwardoneill@dwt.com';
> > 'ek@a-klaw.com'; 'ell5@pge.com'; 'emitchel@angnewspapers.com';
> > 'epoole@adplaw.com'; 'firmiyas@dof.ca.gov'; 'fmo@sdcity.sannet.gov';
> > 'foothill@lmi.net'; 'fosterbc@sce.com'; 'frank.cooley@sce.com';
> > 'freedman@turn.org'; 'fspillman@akingump.com'; Fua, Faline;
> > 'fwmonier@tid.org'; 'gdreed@sidley.com'; 'gerhordt.herbert@msdw.com';
> > Kinosian, Robert; 'glsg@pge.com'; 'gtbl@dynegy.com';
> > 'harrington@ggra.org'; 'hbd@gweiss.com'; 'hchoy@isd.co.la.ca.us';
> > 'hmoore@pcit.com'; 'hodgesjl@pacbell.net'; 'honest@compuserve.com';
> > 'huse@eesconsulting.com'; 'iberrio@greenlining.org';
> > 'j.p.shotwell@sce.com'; 'jbarthrop@electric.com'; 'jbennett@gmssr.com';
> > 'jbradley@svmg.org'; 'jbushee@sablaw.com'; 'jcpaine@stoel.com';
> > 'jdh@eslawfirm.com'; 'jeff@hmhresources.com'; 'jerryl@abag.ca.gov';
> > 'jesse.avila@ci.fresno.ca.us'; 'jguzman@nossaman.com';
'jhay@sempra.com';
> > 'jhg@meyersnave.com'; 'jimross@r-c-s-inc.com'; Zeller, Jason;
> > 'jleslie@luce.com'; Lo, Jeanette; 'jlondon@gralegal.com';
> > 'jlyoung@sempra.com'; 'jmalkin@orrick.com'; Halligan, Julie;
> > 'jmrb@pge.com'; 'jnnc@chevron.com'; 'joe.paul@dynegy.com';
> > 'joeyoung@ebmud.com'; 'jogg@jhenergy.com';
'jon.jacobs@paconsulting.com';
> > 'jparrott@sempra.com'; 'jpbatmale@realenergy.com'; 'jpeck@sempra.com';
> > DeUlloa, Joseph R.; 'jskillman@prodigy.net';
'jsmollon@newwestenergy.com';
> > 'jsqueri@gmssr.com'; Wong, John S.; 'jtachera@energy.state.ca.us';
> > 'julesan@aol.com'; 'jweil@aglet.org'; 'jweisgall@aol.com';
'jyf1@pge.com';
> > 'karen@klindh.com'; 'kcheh@omm.com'; 'kduggan@capstoneturbine.com';
> > 'keith-sappenfield@reliantenergy.com'; Lippi, Kimberly;
> > 'kmccrea@sablaw.com'; 'kmcspadd@milbank.com'; 'kmelville@sempra.com';
> > 'kmills@cfbf.com'; Kajopaiye, Kayode; 'kpoole@adamsbroadwell.com';
> > 'lifcentral@lif.org'; 'lindseyhowdowning@dwt.com'; Krannawitter, Laura
L.;
> > 'lmh@eslawfirm.com'; Serizawa, Linda; 'luluw@newsdata.com';
> > 'lwhouse@el-dorado.ca.us'; 'margery.a.neis@us.pwcglobal.com';
> > 'maxian_miriam@jpmorgan.com'; 'mbazeley@sjmercury.com';
> > 'mbrubaker@consultbai.com'; 'mday@gmssr.com';
> > 'mdjoseph@adamsbroadwell.com'; 'melanie_gillette@rmiinc.com'; Stevens,
> > Maria E.; 'mgomez1@bart.gov'; 'mhg@hetrading.com';
> > 'michael.neville@doj.ca.gov'; 'mjaske@energy.state.ca.us';
> > 'mkramer@akingump.com'; 'mmattes@nossaman.com'; 'mpa@a-klaw.com';
> > 'mpatel@sidley.com'; 'mrh2@pge.com'; 'mschwebs@energy.state.ca.us';
> > 'mshames@ucan.org'; Vanko, Maria; 'napedersen@jonesday.com';
> > 'nryan@environmentaldefense.org'; 'oshirock@pacbell.net';
> > 'patrickm@crossborderenergy.com'; 'paul.harris@bridge.com';
> > 'pbray@newpower.com'; 'perrault@perrcon.net';
> > 'peter_fox-penner@brattle.com'; 'phanschen@mofo.com';
'picketse@sce.com';
> > 'pjmuller@ricochet.net'; 'pjpowerlaw@aol.com'; Durgin, Pamela M.;
> > 'pvanmidde@earthlink.net'; 'pxo2@pge.com'; 'randy.chinn@senate.ca.gov';
> > 'randy_britt@mayco.com'; White, Rosalina; Campbell, Rod;
> > 'rbw@mrwassoc.com'; Cagen, Robert C.; 'riald@kindermorgan.com';
> > 'rick.counihan@greenmountain.com'; 'rkeen@manatt.com';
> > 'rliebert@cfbf.com'; 'rmccann@cal.net'; 'robert.d.schasel@fritolay.com';
> > 'rogerberliner@bcjlaw.com'; 'ronknecht@aol.com';
> > 'rpernell@energy.state.ca.us'; 'rrcollins@n-h-i.org'; 'rrh3@pge.com';
> > 'rschmidt@bartlewells.com'; 'rtavares@energy.state.ca.us'; Feraru,
Robert
> > T.; 'rtp1@pge.com'; 'sberlin@mccarthylaw.com'; 'scottst@mid.org';
Roscow,
> > Steve; 'sdrossi@calpx.com'; Casey, Sean F.; 'sgreenberg@realenergy.com';
> > 'smoss@hooked.net'; 'smutny@iepa.com'; Ross, Steve;
> > 'ssmyers@worldnet.att.net'; 'thaines@smud.org';
> > 'theresa_mueller@ci.sf.ca.us'; 'thixson@mdbe.com'; 'thoulihan@mdbe.com';
> > 'tknox@klalawfirm.com'; 'tmberliner@duanemorris.com';
> > 'tomb@crossborderenergy.com'; 'tonywetzel@home.com';
> > 'tregtremont@dwt.com'; 'troberts@sempra.com'; Pulsifer, Thomas R.;
> > 'tsmegal@calwater.com'; Burns, Truman L.; 'uwuaregion5@earthlink.net';
> > 'wbooth@booth-law.com'; 'wendy@econinsights.com'; 'whe1@pge.com'; Yee,
> > Helen W.
> > Subject: A.00-11-038 et al. (ALJ Pulsifer Ruling)
> >
> >  << File: CPUC01-#110329-v1-A0011038_et_al__Pulsfier_Ruling_.doc >>
> This e-mail is intended solely for use of the individual to whom it is
> addressed and may contain information that is privileged, confidential or
> otherwise exempt from disclosure under applicable law.  If the reader of
> this e-mail is not the intended recipient or the employee or agent
> responsible for delivering this message to the intended recipient, you are
> hereby notified that any dissemination, distribution, or copying of this
> communication is strictly prohibited.  If you have received this
> communication in error, please immediately notify us by replying to the
> original sender of this note.  Thank You.


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

The charts are now available on the web by clicking on the hot link(s)
contained in this email. If for any reason you are unable to receive the
charts via the web, please contact me via email and I will email the charts
to you as attachments.

Crude     http://www.carrfut.com/research/Energy1/crude50.pdf
Natural Gas     http://www.carrfut.com/research/Energy1/ngas50.pdf
Distillate     http://www.carrfut.com/research/Energy1/hoil50.pdf
Unleaded     http://www.carrfut.com/research/Energy1/unlded50.pdf

Brent Crude   http://www.carrfut.com/research/Energy1/brent50.pdf

Nat Gas Strip Matrix
http://www.carrfut.com/research/Energy1/StripmatrixNG50.pdf
Nat Gas Spread Matrix
http://www.carrfut.com/research/Energy1/SpreadmatrixNG50.pdf

Crude and Products Spread Matrix
http://www.carrfut.com/research/Energy1/SpreadmatrixCL50.pdf

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


Sure thing!  I will give it to her in the morning.

k

	Susan Skarness @ ECT
	05/22/2000 06:31 PM

To: John J Lavorato/Corp/Enron@Enron
cc: Jennifer Burns/HOU/ECT@ECT

Subject: Re: Summer Stroll for Epilepsy

Hi Kim!  Why don't you just give it to Jennifer.  I have several others to
pick up on that floor and I can just stop by her desk.  Thanks a bunch for
handling this for me.  (Just as a FYI - I am now in EB4939)

Susan

	Enron North America Corp.

	From:  John J Lavorato                           05/22/2000 06:28 PM

Sent by: Kimberly Hillis
To: Susan Skarness/HOU/ECT@ECT
cc:
Subject: Re: Summer Stroll for Epilepsy

Susan,

I have $50 for you from John.  Would you like for me to have it delivered to
you or would you like to come by and pick it up?

If you would like it delivered, please let me know what your new EB location
is.

Thanks

Kim Hillis
x30681

	Susan Skarness @ ECT
	05/16/2000 08:06 AM

To: John J Lavorato/Corp/Enron@Enron
cc:

Subject: Summer Stroll for Epilepsy

Thank you very much for your support of me and Enron in the annual Summer
Stroll for Epilepsy.   The event took place this past Saturday and was a lot
of fun.  Your generous donation of $50 enabled me to pass my personal goal of
$3,000 by $65. Thank you!!

We have been asked to collect the money by Friday, May 19, so if you will
call me once your check is ready, I will be glad to pick it up.  Please make
your check payable to the Epilepsy Foundation.  Thank you again for your
donation and support!

Susan
3-6262


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

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

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

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

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

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

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

Subject: Re: Price Spikes

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

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

Subject: Price Spikes

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

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

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

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

Carl

 - VanVactor-PriceSpikes081400.PDF


Attached is a revised Credit Watch listing for the week of 9/17/01.   Please note that the following entities are placed on "NO TRADES"-- Nine Energy Services, LLC and all Airline counterparties (including but not limited to the following):  Air Canada, Airtran Holdings, America West Airlines, America West Holdings Corp., American Airlines, Inc., AMR Corp., Chautauqua Airlines, Continental Airlines, Delta Air Lines, Jet Blue Airways, Midway Airlines, Northwest Airlines, Sabina Blanca SL, Southwest Airlines, United Air Lines, U.S. Airways and the VAL Group.
If there are any personnel in your group that were not included in this distribution, please insure that they receive a copy of this report.
To add additional people to this distribution, or if this report has been sent to you in error, please contact Veronica Espinoza at x6-6002.
For other questions, please contact Jason R. Williams at x5-3923,  Veronica Espinoza at x6-6002 or Darren Vanek at x3-1436.


The following items were discussed in this weeks corporate change control...

Mar. 14
Beginning today through 3/19, the Corporate Security team will replace the GRC.dat file in W:\scripts\UpdateGRC and W:\scripts\logon\Win2000\original to point NAV clients on nahou-apnav01 to nahou-apnav02 (only about 650 left).  No impact is expected.

Mar. 15
From 11:00 - 11:15 a.m., the Corporate Security group will remove the svceu_SAPConnect account from CORP Domain Admins group.  No impact is expected.

Mar. 15
From 4:00 - 6:00 p.m.., the Unix Team will upgrade the Time server.  Timex.ect.enron.com which is now on a Unix desktop network will be moved to a production network and to Netra T1 hardware. It would be doing the same activity as Rolex which was replaced on Monday. All clients are now pointing to new Rolex server & Timex.  No impact is expected.

Mar. 15
From 5:00 - 6:00 p.m., Enron Network Services will replace the switch on the Extranet link HOPIX1.  This change will cause intermittent outages for those external companies using this link to access the Enron Network.

Mar. 15
From 8:00 p.m. through 3/17 at 6:00 p.m., the Corporate Security team will re-enable the File Replication Service on all Corporate domain controllers.  This change is necessary to replicate security policies.   FRS will be started on Corp DCs one at a time, watching to be sure replication completes.  Brief outages of Corp.enron.com security policies and possibly Exchange may occur.  The Messaging team will be notified if replication causes problems.  Support staff whose applications experience problems due to FRS should contact the solution center at ext. 54745.
Mar. 15
From 10:30 - 11:30 p.m., the Corporate Server team will place Nahou-appr1 into the Corp Domain.  This change will affect applications using the R drive.
Mar. 16
From 10:00 - 11:00 p.m., Telephony Services will perform the monthly maintenance on the CMS (Call management) systems.  This maintenance affects only call center reporting.  No impact to users is expected.
Mar. 16
From 2:00 - 4:00 p.m., the Blackberry Network Team will perform maintenance on a component of the Blackberry Network.  Some customers may experience delays in receiving messages.  It is also possible that messages sent from he Blackberry may be returned.  Returned messages can be resent after the maintenance is complete.
Mar. 18
From 5:00 - 6:00 p.m., the Corporate Security team will change the DHCP scopes to update the secondary WINS and DNS entries.  This change will affect workstations that get their IP addresses via DHCP.  All scopes are renewed on a 24-hour basis so all changes should be completed by 3/19.  No impact is expected.
May 1
At 5:00 p.m., the Corporate Security team will remove access to CORPHOU-DC07 (172.23.226.23, primary/secondary DNS) and NAHOU-NSWN03 (172.23.226.24, primary/secondary WINS) from devices within ECN.   All servers/workstations/equipment using these for WINS/DNS must have their settings changed. Use 172.16.7.120 for DNS and 172.16.7.116 for WINS in their place by this 5/01.

ETS Solution Center - Houston, at 713-345-4745
ETS Solution Center - Omaha, at 402-398-7454


Hi Teresa,
Believe it or not, I just got my directory...I guess they finally figured out
where I am located!  I also found out that I need to correct the company for
my directory information.  It needs to be Enron Transportation & Storage
instead of Enron Corporation.  Thanks and talk to you soon!


Below is a draft of a memo that could be sent from you and Mark Frevert
regarding further definition around my role in operations for the wholesale
businesses.

DRAFT

To mirror the commercial focus on our wholesale businesses, the trading
operations support for these businesses will be will be led by Sally In light
of recent organizational realignment


I know nothing.  SS

To: Tracy Ngo/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT
cc: William S Bradford/HOU/ECT@ECT
Subject: Re: Aquilla Muni Deal

Tracy and Sara, please provide with an update of what you know about this
transaction at your earliest convenience.

Thank you

Christopher

William S Bradford
10/19/99 03:32 PM
To: Christopher Smith/HOU/ECT@ECT
cc: Sara Shackleton/HOU/ECT@ECT, Tracy Ngo/HOU/ECT@ECT, Patricia
Cini/HOU/ECT@ECT
Subject: Re: Aquilla Muni Deal

Christopher,

I believe Tracy Ngo has begun to look at it from a credit perspective.  I
don' have any of the details.  Aquila Energy Corp. is the guarantor for
Aquila trading subs and is not anywhere near the equivalent credit quality of
Enron Corp.  We need to be careful of how much incremental risk we take with
Aquila without collateral because of our significant trading positions with
them.  Please advise when you find out more details about the structure.

Regards,
Bill

To: Sara Shackleton/HOU/ECT@ECT
cc: William S Bradford/HOU/ECT@ECT
Subject: Re: Aquilla Muni Deal

I have not heard anything about this transaction.  Do you have a transaction
diagram and/or a term sheet or any memoradum that describes anything about
what they are trying to do?

Christopher

Sara Shackleton
10/15/99 02:03 PM
To: Christopher Smith/HOU/ECT@ECT
cc:
Subject: Aquilla Muni Deal

Did Chris call you about this?  SS
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 10/15/99 02:02
PM ---------------------------

	From:  Chris H Foster                           10/15/99 01:53 PM

To: Sandra McDonald/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, Dale
Rasmussen/HOU/ECT@ECT
cc: Frank W Vickers/HOU/ECT@ECT
Subject: Aquilla Muni Deal

I spoke to Todd Busby.  He said he is trying to set this up as a transaction
where we could directly link the two swaps.  It is my understanding that this
would simplify the transaction in that the credit/contracting process would
be fairly straightforward.  He said that he needs to get his internal ducks
in a row before he is prepared to take a step forward with us.  He will call
me if and when this occurs.   So, this might not come to anything.  I will
let you know if and when he surfaces so we can decisde what we should do next.

Thanks!!

Chris


-----Original Message-----
From: John Bolen [mailto:JBolen@mdgibson.com]
Sent: Monday, August 28, 2000 8:46 AM
To: Emmye (E-mail)
Subject: FW: MORE POLITICAL BANTER. .

I thought you would enjoy this!

> -----Original Message-----
> From: Vicky Alvarez [SMTP:VALVAREZ@shb.com]
> Sent: Friday, August 25, 2000 9:27 AM
> To: Vicky Alvarez
> Subject: MORE POLITICAL BANTER. .
>
>   CLASSIC VERSION:
> > > >
> > > >  The ant works hard in the withering heat all summer long,
> building
> > his
> > > > house
> > > >
> > > >  and laying up supplies for the winter. The grasshopper thinks
> he's a
> > fool
> > > >
> > > >
> > > >  and laughs and dances and plays the summer away. Come winter,
> the ant
> > is
> > > >
> > > >  warm and well fed. The grasshopper has no food or shelter, so
> he dies
> > out
> > > > in
> > > >
> > > >  the cold.
> > > >
> > > >
> > > >
> > > >  MODERN VERSION:
> > > >
> > > >
> > > >
> > > >  The ant works hard in the withering heat all summer long,
> building
> > his
> > > > house
> > > >
> > > >  and laying up supplies for the winter. The grasshopper thinks
> he's a
> > fool
> > > >
> > > >
> > > >  and laughs and dances and plays the summer away. Come winter,
> the
> > > > shivering
> > > >
> > > >  grasshopper calls a press conference and demands to know why
> the ant
> > > > should
> > > >
> > > >  be allowed to be warm and well fed while others are cold and
> > starving.
> > > >
> > > >
> > > >
> > > >  CBS, NBC and ABC show up to provide pictures of the shivering
> > grasshopper
> > > >
> > > >
> > > >  next to a video of the ant in his comfortable home with a table
> > filled
> > > > with
> > > >
> > > >  food. America is stunned by the sharp contrast. How can this
> be, that
> > in
> > > > a
> > > >
> > > >  country of such wealth, this poor grasshopper is allowed to
> suffer
> > so?
> > > >
> > > >  Kermit the Frog appears on Oprah with the grasshopper, and
> everybody
> > > > cries
> > > >
> > > >  when they sing "It's Not Easy Being Green."
> > > >
> > > >
> > > >
> > > >  Al Gore exclaims in an interview with Peter Jennings that the
> ant has
> > > > gotten
> > > >
> > > >  rich off the back of the grasshopper and calls for an immediate
> tax
> > hike
> > > > on
> > > >
> > > >  the ant to make him pay his "fair share." Finally, the EEOC
> drafts
> > the
> > > >
> > > >  "Economic Equity and Anti-Grasshopper Act," retroactive to the
> > beginning
> > > > of
> > > >
> > > >  the summer. The ant is fined for failing to hire a
> proportionate
> > number
> > > > of
> > > >
> > > >  green bugs and, having nothing left to pay his retroactive
> taxes, his
> > > > home
> > > >
> > > >  is confiscated by the government.
> > > >
> > > >
> > > >
> > > >  Hillary gets her old law firm to represent the grasshopper in a
> > > > defamation
> > > >
> > > >  suit against the ant, and the case is tried before a panel of
> federal
> > > > judges
> > > >
> > > >  that Bill appointed from a list of single-parent welfare
> recipients.
> > > >
> > > >
> > > >
> > > >  The ant loses the case. The story ends as we see the
> grasshopper
> > > > finishing
> > > >
> > > >  up the last bits of the ant's food while the government house
> he is
> > in,
> > > >
> > > >  which just happens to be the ant's old house, crumbles around
> him
> > because
> > > > he
> > > >
> > > >  doesn't maintain it. The ant has disappeared in the snow. The
> > grasshopper
> > > > is
> > > >
> > > >  found dead in a drug-related incident, and the house, now
> abandoned,
> > is
> > > >
> > > >  taken over by a gang of spiders who terrorize the once peaceful
> > > > neighborhood.
>
>


Here is the forecast.  Our meeting using these numbers won't be until
tomorrow so they will most likely change shortly.


CALENDAR ENTRY:	APPOINTMENT

Description:
	Robert/Hugaton Area Measurment Problems w/Sharon McKnight.  Conf Room 4194 (V. Messner, J. Buchanan, J. Spraggins, T. Winter) Ava-35842

Date:		10/17/2000
Time:		10:00 AM - 11:00 AM (Central Standard Time)

Chairperson:	Outlook Migration Team

Detailed Description:


Start Date: 2/3/02; HourAhead hour: 10;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002020310.txt


Gentlemen,

I met with Craig Young (MG US) last week, who is keen to progress metals
business with large US corporates (e.g. Anheuser Busch), on the following
basis:

o Assume ENA and US Corporate are existing parties to ISDA/Credit Support
Documents (the "Master").

o ENA and US Corporate would agree to expand range of OTC products to include
OTC metal derivatives under the Master.  The principals to the metals trades
would therefore be the US Corporate and ENA.  These trades would however be
"arranged" by MG London Inc. (an FCM) as "arranger" in the US for ENA.

o Enron Metals Limited (EML) from London would agree to provide metals prices
to ENA and/or MG London Inc. in the US, and in return receive a commission
from MG London Inc.

o ENA would back-to-back OTC metals derivatives with EML via an intra-group
ISDA Master.

Look forward to your views.

Thanks.
Justin


Attached is the schedule of the paralegal rotation for January 1, 2000
through December 31, 2000.


hey melba :  here is a revised list of people that we would like to have
access to our restricted products:
 Also, can you please make sure these customers have the ability to trade on
both our restricted products - the fixed price and the index products.

 Counterparty Name
** AEP Energy Services Inc.
Arizona Public Service Company
Azienda Elettrica Ticinese
BP Energy Company
BP Singapore Pte. Ltd.
Burlington Resources Trading Inc.
Conoco Inc.
DOW Benelux N.V.
Duke Energy Trading and Marketing, L.L.C.
Dynegy Marketing and Trade
Dynegy Marketing and Trading Sarl
e prime, inc.
** El Paso Electric Company
** El Paso Merchant Energy - Gas, LP
Elsam A/S
Enron Energy Services, Inc.
Nevada Power Company
Nissho Iwai American Corporation
Occidental Energy Marketing, Inc.
ONEOK Energy Marketing and Trading Company, II
PanCanadian Energy Services Inc.
Phillips Petroleum Company
Phillips Petroleum Company (UK) Limited
Primagaz Trading Paris
** PG&E Energy Trading
Salt River Project Agricultural Improvement and Po
Shell Canada Limited
Shell Trading (US) Company
** SG Interests I
Southern California Gas Company
Southern Company Energy Marketing, L.P.
Southwest Gas Corporation
Statoil Asia Pacific Pte Limited
Texaco Natural Gas Inc.
The Bank of Tokyo-Mitsubishi, Ltd.
Tokyo Electric Power Company Inc.
Tristar Gas Marketing Company
TXU Nordic Energy Oy
United Parcel Service, Inc.
Williams Energy Marketing & Trading Company


I received the item.

DG

Tabitha Mohon@ENRON
02/09/2001 02:50 PM
To: Darron C Giron/HOU/ECT@ECT
cc: John Chambers/Enron@EnronXGate
Subject: PO# 21010401

John/Darren,

We are in the process of cleaning our files and found this purchase order is
still open.  Could you please check to see if you have received this item(s)
and let me know so that we can get it out of the system.

Thank you,
Tabitha
---------------------- Forwarded by Tabitha Mohon/NA/Enron on 02/09/2001
02:53 PM ---------------------------

ECT Hardware Request	Request #:ECTH-4T4MQ6
	Request Status:In Process

				Request information:
Requested By:	John Chambers		Phone:	713-345-3960
Requested For:	Darron C Giron		Location:	EB3265D
SAP Cost Center #:	105614		User Mgr Approval:	Darron C Giron
CO #:	5413		WO # / Project #:
CO Name:	?		User Phone:
Priority:	Normal		Due Date:
Request Type:	Upgrade Existing		Request Date:	01/18/2001 10:48:14 AM
RAM:			CD-ROM:
Docking Station:			Local Printer:
Justification:
User Selected HW:				Maintenance kit for HP LJ 8100 DN
P/N C3914-69001
Price $399.00
Vendor Eagan
User Comments:

Hardware selected for this request:
Item Number	Item Name
C3914-69001	Maintenance Kit for HP LJ 8100N

	Comments and process information:
IS Group Comments:	DR
Ops Group Comments:
Date Completed:
PO Assigned:

Revision History:	Donna Ruff
Donna Ruff
Donna Ruff
Donna Ruff	01/18/2001 04:17:37 PM
01/18/2001 02:33:50 PM
01/18/2001 02:33:48 PM
01/18/2001 11:16:27 AM


I moved deal 601925 (sale to South Jersey at Broad Run) from CGAS to Tenn.


TO: The Enron ESC Working Group
DATE: December 30, 1999

I am forwarding you copies of the Energy Services Coalition letter to the ESC
membership with attached ESC Task Paper.

Happy New Year.

Joe Hillings


Lavorato never let his people put their titles on business cards until they
became managers. It doesn't really matter. I never really understood why he
cared. I think they look more professional with titles. You should ask Jan.

Chris


We know about this don't we Judith!!!

---------------------- Forwarded by Chris Germany/HOU/ECT on 01/12/2000 06:51
PM ---------------------------

Brenda H Fletcher
01/12/2000 09:19 AM
To: Judy Townsend/HOU/ECT@ECT, Chris Germany/HOU/ECT@ECT, Dan
Junek/HOU/ECT@ECT
cc:
Subject: Storage Demand Issue

FYI - You may already be aware of this but I'm passing this on in case you
didn't know this.

BF

 ---------------------- Forwarded by Jeff Coates/HOU/ECT on 01/12/2000 09:08
AM ---------------------------
From: Dave Nommensen on 01/10/2000 02:02 PM
To: Jeff Coates/HOU/ECT@ECT
cc:
Subject: Re: Storage Demand Issue

Storage deals require a meter on both the injection side and the withdrawal
side in order to bridge - even if there is only a demand charge.
A zone is not enough, it must have a meter.  Let me know if that works.

d.n.

	Enron North America Corp.

	From:  Jeff Coates                           01/10/2000 01:52 PM

To: Dave Nommensen/HOU/ECT@ECT
cc:
Subject: Re: Storage Demand Issue

The deal was entered on friday 1/7,  and your right it never bridged over to
Unify.  I don't understand the location question,
the deal was set up like all other storage tickets.  I'm just trying to get
the demand to download so VM can draft it.


Next Tuesday, December 19th, the 50th floor will be open to all employees for
the Annual Holiday Open House from 3:00pm until 5:00pm.  Similar to last
year, we will provide food, beverage and musical entertainment and will also
decorate eight executive offices to reflect the Festival of Lights.  Our goal
is to expose our employees to different celebrations around the world and
simultaneously demystify the 50th floor.

For your reference, the offices that will be decorated are listed below:
St. Lucia - Ken Lay
Kwaanza - Jeff Skilling
Los Posadas - Rob Walls
Chinese New Year - Cindy Olson
Hanukkah - Andy Fastow
Ramadan - Rick Buy
Devali - Rick Causey
Christmas - Jim Derrick

We would welcome Executive Committee members to volunteer to greet employees
in the 50th floor elevator lobby or serve punch.   Time slots are available
in 15-minute increments from 3:00pm to 5:00pm.  Please reply to this e-mail
if you would like to volunteer for this event and I will provide additional
information for your reference at that time.

This annual affair is an employee favorite and you may contact me with any
comments or questions.

Charla Reese
Manager, Community Relations
x35202


EXECUTIVE SUMMARY
? SoCal Conference Call Highlights

SoCal Conference Call- The following comments are notes from the SoCal
conference call for defaulted debt holders, held 1:30 p.m. PDT, 13 July 2001:

? Ted Kravner, the SoCal spokesperson, indicated that there are "a lot of
bills floating around.  There's not a lot for us to say at this point."
After such a long delay, he stated that, "We are encouraged to see real
action at the legislative level."  Also, the company could not comment as to
whether the plans made the utility creditworthy; "We are evaluating that with
Senate and Assembly leaders."

? The spokesperson stated that on Monday the company will make a regular
interest payments on the 5 7/8 notes totaling less than $6 M.  The company
will also make payments on its other notes; the total amount to be paid will
be $27 to $28 M.

? Yesterday the CPUC granted the company's motion on the QF fixed rate
agreement with the gas cogen and renewable QFs.  The spokesperson stated that
the PUC said SoCal can recover all costs associated with its payments to
these QFs.

 Appalucia Management Questions to SoCal
 Q:   Will SCE defer payment on the "quids" notes, which are backed by a
trust that has bonds issued against it?
 A:  Under the terms of the notes SoCal is allowed to defer payment for up to
20 quarters.

 Q: Would the CPUC, after providing for the DWR to be reimbursed for
purchasing power (through the California Procurement Adjustment, or CPA),
leave enough revenue for SoCal to remain solvent?  This was based on reports
in the press recently that the DWR had requested a 25% rate increase.
 A: These reports were "speculation" and were based on numbers that DWR had
submitted several weeks ago.  SoCal stated that DWR must update these
numbers; therefore, no formal CPUC decision on reimbursing SoCal vis-.-vis
DWR can be made at this time.  SoCal indicated that these numbers would be
updated "in a few weeks."

 Prudential Questions to SoCal
 Q:  What bills are currently in process dealing with the MOU?
 A: There is the Polanco bill, which is the original MOU; the  Assembly
(Hertzberg) bill AB 82XX, which uses the Polanco bill as its foundation; and
a Senate bill crafted around Byron Sher's proposals.  SoCal stated that the
Sher bill was "less a matter of using Polanco" and approaches the MOU "from a
different direction."  SoCal indicated that "people are currently studying
the Hertzberg will to see what the components are."

 Q: What is your (SoCal's) reaction to the negative article in the LA Times
today regarding the legislature's perception of the MOU?
 A: SoCal responded that "the LA Times sees the glass as half-empty.  By my
comments, I see the glass as half-full.  We are optimistic because there
something tangible that people are working on.  The fact that Hertzberg's
bill uses the governor's MOU as a foundation provides us with a level of
optimism."  However, he emphasized that the company was not in a position to
say whether any of the bills would make the utility creditworthy.

 Q: Can the governor keep the legislature from recessing in order to force
them to pass an MOU?
 A: SoCal responded, "yes, I understand that he does have that power.  We are
running out of days.  The situation is becoming more critical.  We are on
borrowed time from our creditors now.  Anything that moves us toward
creditworthiness, we support."  (NOTE:  In actuality, the Governor can order
legislators to the floor for a vote, but they do not have to comply.  As
Burton said in the press today, "Only the legislature can force the
legislature to stay.")

Deutsche Bank Questions to SoCal
 Q: Is the transmission asset sale off the table or not?
 A: The sale is in the Assembly bill, but we "think it's more of an option in
the Senate bill, like it was in the San Diego deal."

 Q: What are your (SoCal's) thoughts on how the California Procurement
Adjustment (CPA) mechanism could be constructed to keep SoCal solvent and if
a change in the mechanism for reimbursing the DWR would be needed?
 A:   "We are highly focused on this."  The spokesperson stated that if
revenue is distributed in a manner "that puts the utility in a deteriorating
balance sheet situation, this will be seen as a very serious situation.  This
would be unacceptable.  Our cash position is currently stable.  These
changes, this would be a very serious event."

 Q: Has SoCal reached an agreement on paying the non-renewables or gas-fired
QFs 10% of what they are owed?
 A: SoCal indicated that it is still in negotiations with 4 of the larger
gas-fired QFs (IEP Projects).  SoCal indicated that it would make its 10%
payments once the PUC order to pay is final (a 30-day appeal period is still
in effect, according to SoCal).


Mike, the other question Michelle had, "Does NNG Contracts have a written procedure for
	approval of this type of contract?  Please check with Linda Trevino.  We are to meet with
	Michelle at 10:30 Friday morning.  Thanks. Lynn

 -----Original Message-----
From: 	Winckowski, Michele
Sent:	Thursday, October 11, 2001 5:31 PM
To:	Fancler, Dan; Kirk, Steve; Miller, Kent; Neville, Sue; Williams, Jo; Blair, Lynn
Cc:	Cobb Jr., John; Chandler, Bob; Kissner, Tim; Brennan, Patrick; Branney, Theresa; Dornan, Dari
Subject:	RE: Transok Offsystem Fuel Accounting Procedure

	I have reviewed to orders issued by FERC.  They state "Pipelines acquiring upstream capacity without prior Commission approval will be "at-risk" for the cost of that capacity".  This means that Northern will need to track both the costs and revenues associated with offsystem transactions.  We believe that in tracking the revenues we can track by contract.

	Therefore, I believe in the meeting that if we needed to track these transactions Sue's group would maintain a manual spreadsheet for all off-system transactions.

	We also said Dan Fancler would need to review and determine how we would track the revenues thru the accounting side.

	I believe we have provided the answers we committed to in the meeting yesterday for today.  I plan to meet with Lynn B. tomorrow to discuss nominations, contract approval processes and other stuff.....  I'll let you know where we are as things develop.  thanks MW

 -----Original Message-----
From: 	Fancler, Dan
Sent:	Thursday, October 11, 2001 2:38 PM
To:	Winckowski, Michele; Kirk, Steve; Miller, Kent; Neville, Sue; Williams, Jo; Blair, Lynn
Cc:	Cobb Jr., John; Chandler, Bob; Kissner, Tim; Brennan, Patrick
Subject:	Transok Offsystem Fuel Accounting Procedure

Based on our meeting 10/9/2001, I would like to propose the following accounting procedures for expensing in-kind fuel.

Case A:  In October 500,000 dts moves offsystem with only 486,000 dts expected to be returned to NNG in January.

NNG moves 500,000 dts from physical inventory to Offsystem inventory. No accounting entry made to the G/L.

Gas Accounting would reduce Offsystem inventory 14,000 dts to reflect in-kind fuel reduction in the same month the next NNG gas purchase transaction occurs (FIFO inventory method).  Reducing the Offsystem storage will cause UAF to increase, however purchasing gas for Operational Storage and not recording it to Operational Storage will offset the UAF increase.  If the next gas purchase transaction occurs in December at $3.00 then we would reduce Offsystem Storage Inventory by 14,000 dts in December production.  December UAF would not be affected.

Recorded in December:
Debit 858 3rd Party Transport exp		14,000 * $3.00 = $42,000
	Credit A/P							($42,000)

Procedural Note:  All Third Party Offsystem storage statements must be forwarded to Gas Accounting (Dan Fancler) in order to reconcile the Physical to the Books.  Reconciling items such as in-kind fuel reductions will be reported to Storage Marketing noting that purchases for in-kind fuel replacements are needed.

If NNG purchases 100,000 dt for Operational Storage in December, then 14,000 dts would be carved out as in-kind fuel replacement and recorded to 858 (3rd party transport), the remaining 86,000 dts would be recorded as Operational Storage purchase and encroachment.  We may wish for the vender to issue two invoices.

Case B	 In October 500,000 dts moves offsystem, NNG purchases the in-kind replacement on Transok's system and 500,000  dts is expected to be returned to NNG in January.

NNG moves 500,000 dts from physical inventory to Offsystem inventory. No accounting entry made to the G/L.
NNG does not reduce the offsystem physical inventory.

Recorded in month of purchase on Transok's system:
Debit 858 3rd Party Transport exp		14,000 * $3.00 = $42,000
	Credit A/P							($42,000)

In both cases all transactions are recorded outside of operational storage, but gives Marketing some flexibility on when the in-kind replacement takes place but still follows a logical methodology (FIFO replacement).


What do you think of this:

As mentioned during the fourth quarter, Gary and I would like to begin
regular meetings of our Trader's Roundtable.  The ideas generated from this
group should be longer term trading opportunities for Enron covering most of
the markets we manage.  In addition, this forum will provide for cross
commodity education, insight into many areas of Enron's businesses, and
promote aggressive ideas.

Each week, we'll summarize commodity trading activity, and provide an open
forum for discussion.  Your input is valuable, and we've limited this group
to our most experienced traders, and would appreciate regular participation.
Our first meeting will be Tuesday, January 9 at 4:00pm in room 3321.


Third Set of DataRequests ofCalifornia Parties to Reliant.  Hard copies are being sent to the restricted service list.

Joseph H. Fagan
ATTORNEY
HellerEhrman
tel.:  202.912.2162
fax:  202.912.2020
e-mail:  jfagan@hewm.com
web:  http://www.hewm.com
 - Third Set - Reliant - Gas.rtf
 - 3rd Set to reliant - Transmitt.rtf


AT THE CALL OF LINDA ROBERTSON THERE WILL BE A CONSULTANTS
WORKING GROUP MEETING ON MONDAY, July 30, 2001 at 4:00 PM (EDT); 3:00 PM
(CDT).

PLEASE BE PREPARED TO DISCUSS ALL AGENDA ITEMS (AGENDA WILL BE EMAILED
UNDER SEPARATE COVER.)

The meeting will be held at the Enron offices:
1775 Eye Street, NW
Suite 800
Washington, DC

For those of you not in Washington, DC please call:
800-713-8600; Code 6261

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


Shirley

Please send this info Michelle

Vince

 -----Original Message-----
From: 	"Michelle Vasquez" <vasquez@fea.com>@ENRON [mailto:IMCEANOTES-+22Michelle+20Vasquez+22+20+3Cvasquez+40fea+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Thursday, May 17, 2001 12:12 PM
To:	Kaminski, Vince J
Cc:	Michelle Vasquez
Subject:	EID NUMBER

Hi Vince,

I received a memo from your company regarding the new Enron address and
invoice guidelines.  Please provide your EID number to ensure proper receipt
of invoices.

Thank you,
Michelle Vasquez
Accounts Receivable Specialist
Financial Engineering Associates
2484 Shattuck Ave.
Ste 225
Berkeley, CA  94704

Tel. +1-510-548-6200
Direct. +1-510-549-8702 x103*PLEASE NOTE THE NEW EXTENSION NUMBER*
Fax +1-510-548-0332

mailto:vasquez@fea.com
             or
mailto:info@fea.com

http://www.fea.com


What are we planning to do with this?  Will you guys save this data in a demand directory for fundies.  We will get to this as soon as possible.  Jay and Monique should plan on using this at some point.

Mike

-----Original Message-----
From: Tholt, Jane M.
Sent: Friday, August 17, 2001 10:31 AM
To: Grigsby, Mike; Smith, Matt; Wolfe, Jason
Subject: FW: Southwest Gas Load Profile

-----Original Message-----
From: Lawner, Leslie
Sent: Thursday, August 16, 2001 4:40 PM
To: Tholt, Jane M.
Subject: RE: Southwest Gas Load Profile

I asked them when they exceeded their billing determinants on El Paso and this is what they sent:

11-09-00:  350,462 dth
11-14-00: 377,704 dth
12-20-00:  353,440 dth
12-21-00:  375,300 dth
12-22-00:  397,453 dth
01-12-01:  363,612 dth
01-16-01:  356,289 dth
01-17-01:  383,866 dth
01-18-01:  396,526 dth
01-19-01:  453,752 dth
01-20-01:  356,220 dth
01-21-01:  360,161 dth
01-30-01:  378,652 sth
01-31-01:  345,981 dth
02-10-01:  380,921 dth
02-11-01:  381,297 dth
01-12-01:  377,312 dth

-----Original Message-----
From: Tholt, Jane M.
Sent: Thu 8/16/2001 3:05 PM
To: Lawner, Leslie
Cc:
Subject: Southwest Gas Load Profile

At our last meeting, you aid that you had informationregardin gSouthwest Gas' load profile.  Could you send it to me.


Jeff and Bob,

At Tradition's request, I put together a one-page explanation of CAISO Firm
Energy.  I thought you might find it handy to have it to hand when discussing
this with counterparties.

----- Forwarded by Shari Stack/HOU/ECT on 08/07/2000 03:57 PM -----

	Shari Stack
	08/07/2000 03:56 PM

		 To: kkelly@tfsbrokers.com@ENRON
		 cc: Kerri Thompson/Corp/Enron@Enron
		 Subject: Re: FW: CAISO Energy vs. "Schedule C"

Here is the explanation for CAISO Firm Energy.  As discussed, if asked,
please tell people that it was prepared by a market participant at
Tradition's request.  I'd rather keep Enron's name out of it.

Thank you in advance for helping us with this.

Shari


We have now received a new Password Application  and ETA amendment for the referenced counterparty.  As of the close of business today, we have shut down Bankers Trust Company for EOL trading.  All EOL trading should now be done through the referenced entity.  Enron has executed a Novation Agreement which is currently at Deutsche Bank for execution.  Per DB, we should receive the executed copy back from them on Monday.  Upon receipt of this Novation Agreement, all of the current Bankers Trust financial trades will be moved under the existing ISDA Master Agreement between Deutsche Bank AG and Enron North America Inc. dated  12/29/00.

Global Counterparty:  Please ensure that the ISDA Master referenced above is attached to this counterparty in EOL.

Confirmation Desk:  Please ensure that all EOL financial confirmations show this counterparty as "Deutsche Bank AG, acting through its New York Branch"

MUCH THANKS!!!


don't make me type the math on the computer pooks

"Eva Pao" <epao@mba2002.hbs.edu> on 05/13/2001 03:05:12 PM
Please respond to <epao@mba2002.hbs.edu>
To: <John.Arnold@enron.com>
cc:
Subject: Defense

What's your defense for you bid 0 for the company?  Why was the info
assymetry at 100%???
-----Original Message-----
From: John.Arnold@enron.com [mailto:John.Arnold@enron.com]
Sent: Sunday, May 13, 2001 4:54 PM
To: epao@mba2002.hbs.edu
Subject: RE: Extra credit

have you taken any finance courses yet? what's good?


CONFIDENTIAL NOTE TO RICK & DAVE:  Do either of you have a clear understanding of Corporate Development's mission in regard to the development of this database to assist in the divestiture of certain of the merchant investments?  A few weeks ago we met with Sherron to show her PortRAC which she wanted to use along with some livelink files to assist them in divestiture activity.  Her final vision as portrayed by the attached presentation has turned into a large database which will take lots of resources to develop and maintain which she has indicated by her memo should be supported by my group.  Also, it seems redundant with RAC's existing data plus a lot information that is maintained by the business units such as Kevin Garland's group.  I am comfortable that we can respond to any data request as well as build a data room if necessary for a big sale/syndication with our our existing data and our newest tools (PortRAC, COMET, RAC Website,  DASH Library, etc.) without creating another database.  Since Sherron has left the group, do you think that this new database is her idea alone or is it also embraced by Donahue?

Concerns aside, if you think that this new database is necessary, we are certainly capable of supporting it.  Please let me know your thoughts.

											  Regards!   Rick C.

 -----Original Message-----
From: 	Watkins, Sherron
Sent:	Thursday, September 27, 2001 9:30 AM
To:	Pua, Cornelio; Carson, Rick L.; Hudler, Cindy; Bellinghausen, Lynn; Desai, Jayshree
Cc:	Donahue, Jeff; Buy, Rick
Subject:	RE: Corporate Development Initiatives

	In August we were discussing the additional information needs that Corporate Development has re: an electronic repository for the original models, pitch books, research, etc. on assets/deals, plus any current work Corporate Development, the business unit or RAC may have done.  Some of the information Corp Dev was interested in was financial data for each asset (EBITDA, NI, debt, etc.) that I think could be added to the PortRac system.  The remainder of the data Corp Dev was looking to have on hand electronically was to be part of a new livelink application that Cornelio was going to help develop.  The attached ppt file describes the user needs for this development project.

The question is - Who is the new business unit sponsor since I've left the group?  The information is not dissimilar to what RAC/Underwriting maintain, plus RAC/Underwriting have the right staff to maintain the livelink application.  It's just a matter of getting the right approvals for this additional work load to be budgeted for Rick Carson's group and also having the group meet with various Corp Dev folks (use the ppt file attached) to establish the support relationship.  Please call if you need anything further.  Sherron.

 -----Original Message-----
From: 	Pua, Cornelio
Sent:	Wednesday, September 26, 2001 8:53 AM
To:	Watkins, Sherron
Subject:	Corporate Development Initiatives

Sherron,

It's been a while since we had our last meeting. I would like to follow-up with you regarding the Asset Library. I would like to find out if you are still interested in pursuing this project. We left off on issues surrounding RAC and integrating your operations with them. I have not been aware of any decisions regarding this, as well as direction that you wish to go. I look forward to hearing from you. Thanks.

Cornelio


The graphs I've set on your desks are the product of a new version of the EOL
Report. Please look them over briefly and determine whether or not the data
this report pulled in is correct. I've attached a table of the data as well
for another point of reference. If there are problems or discrepancies in the
report, please let me know as soon as possible, and we'll adjust it
accordingly.

Thanks,
Kate