Cheryl

OK, once I get final confirmation from you on the term of the associated gas
purchase contract and the MDQ, Gerald and I will call Ed Wick and finalize
the deal.  I do know that he wants the term to be shorter than 5 years (he
wants 2 or 3 years evergreen) but we'll see what we can do.  Thanks.

Eric Gillaspie
713-345-7667
Enron Building 3886

	Cheryl Lantz Marshall
	06/08/2000 03:23 PM

		 To: Eric Gillaspie/HOU/ECT@ECT
		 cc: Gerald Nemec/HOU/ECT@ECT
		 Subject: Re: Chevron Compression deal

(1) - Let's try to make the term consistent with the gas purchase agreement.
The contract number is 12-83789-101 with States Inc., and the term was
initiated on 1/1/98 and runs through 12/31/03.  I am double checking with
Melissa Graves on this.

(2) The MDQ of 500 sounds OK.  I checked with Robert Cook, and the well is
only producing 100/day.  We are also checking with the operator to confirm
future activity.

Eric Gillaspie
06/01/2000 04:40 PM
To: Cheryl Lantz Marshall/HOU/ECT@ECT
cc: Gerald Nemec/HOU/ECT@ECT
Subject: Chevron Compression deal

Cheryl,

FYI.  Gerald & I met with Ed Wick at Chevron today and went through the
logistics of the deal.  I believe we had a meeting of the minds & he has
agreed to use our form with some changes that we are fine with.  We have
promised to get him a copy of the new compression deal by early next week.
There are a few changes that Wick desires that are a business decision that
we need confirmation on.  He wants to:
 (1) Change the term from 3 years+evergreen to 2 years+evergreen?
 (2) Is a MDQ of 500 MCF/Day acceptable?  ( He stated that we are currently
flowing 50 MCF/day)

I have made the requested changes to the attached document.  Please review
and forward me your comments as well as confirmation on the 2 questions
above.  That is of course once you return from Boston.............

Hope you had a good trip....and welcome back,

Eric Gillaspie
713-345-7667
Enron Building 3886


Joelle,
Hey, I just wanted to say that if I came on too strong or did anything out of line, I'm sorry.  Obviously, I don't know you very well, so I wanted to make sure you knew that.  I would enjoy seeing you again, but its up to you.  Just let me know what you think.

Clint


We have received the executed Non-Disclosure Agreement dated 11/29/00 with
the referenced counterparty.  A copy will be provided to Dovie.


Unfortunately, the Nymex nor the Wall Street Journal has updated there
information for 12/15/00.
Therefore, I will not be able to send you a complete version of my Nymex
Converter.
I will continue to check on a daily basis and keep all of you posted.

Thanks,
Simone

---------------------- Forwarded by Simone La Rose/HOU/ECT on 12/19/2000
05:02 PM ---------------------------

Simone La Rose
12/18/2000 05:28 PM
To: Andy Zipper/Corp/Enron@Enron
cc: Jennifer deBoisblanc Denny/HOU/ECT@ECT, Torrey Moorer/HOU/ECT@ECT, Peter
Berzins/NA/Enron@Enron, Matt Motsinger/HOU/ECT@ECT
Subject: Incomplete Nymex Converter for 12/11 through 12/15/


Start Date: 4/9/01; HourAhead hour: 23;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001040923.txt

---- Energy Import/Export Schedule ----
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/9/01
  TIE_POINT: PVERDE_5_DEVERS
  INTERCHG_ID: EPMI_CISO_OZZY
  ENGY_TYPE: FIRM


Looky at what I just opened in my email.  I had some stuff tucked away in a different directory and I'm going thru it now.  Does this still need to be addressed?

Darla Saucier@ENRON
03/01/2001 05:14 PM
To:	Chris Germany/HOU/ECT@ECT
cc:
Subject:	10/2000 Production - New Power

Hey Chris,

Does this amount look correct to you??  Do we actually owe New Power $5MM ?  they haven't mentioned it to me, but it's showing up as a balance due to them.  could you please verify ASAP?

Thanks!


FYI.  Thanks. Lynn
-----Original Message-----
From: Davis, Britt
Sent: Friday, September 21, 2001 11:19 AM
To: Craig, Rick; Cessac, Kenneth; Kile, Rick; Thompson, Charlie; Hawkins, Don; Mendez, Angela; Dietz, Rick; Blair, Lynn; Woodson, Harry; Anderson, Gary E.; Dykes, Tangie
Cc: Fossum, Drew; Porter, Gregory J.; Ringblom, Kathy; Zikes, Becky; 'gharvey@gibbs-bruns.com'
Subject: Northern v. ONEOK/Proposed Letter to ONEOK re Fisher Roc

Everyone:

Here's the proposed letter to ONEOK regarding the Fisher Roc lock-up period of September 12-16.  I need and would greatly appreciate your immediate input as follows:

1.  Please provide any and all substantive and stylistic comments ASAP.  We have absolutely got to have the facts straight, so please don't assume that anyone will catch something that you see that is in error; let me know.  I would like to get this out this afternoon, as Gary Anderson's folks are already inputting the adjusted volumes/Btus that Ken Cessac formulated into the system, and ONEOK will receive that information shortly.  Again, kudos to Ken for his usual excellent job on this.

2.  We are missing an "an" in the first sentence, right before the word "incident"; that will be corrected.

3.  The letter has been set up for Ken Cessac's signature, but let us know if it should come from someone else.

4.  I have the spreadsheet that Ken will attach to the letter.  Using our numbers, the variance is a bit larger during the Fisher Roc outage period, than before or after, based on the Plant PTR numbers we have already been provided for that period (although we don't know if those numbers are final).  Before the outage period, for the month of September (so, September 1-part of  September 12), the average variance was about .5%.  During the outage period, before Ken's adjustment of our numbers (so, part of September 12 through part of September 16), the average variance was 8.2%.  Still staying within the outage period, after Ken's adjustment of our numbers (per the spreadsheet that will be attached to his letter), the average variance is 2.8%.  Since the Fisher Roc was fixed on September 16, we have no Plant PTR numbers, so we can't tell what the variance is yet.  I will separately e-mail a copy of the spreadsheet.

5.  Who at ONEOK should receive this letter?  Ken mentioned a new plant accounting-type named Jeff Knight who has provided him with figures.  We could always cc to other ONEOK representatives.  Maybe Kim Hardeman?

 6.  As Grant suggested yesterday, and I agree, this letter will not prompt any agreement by ONEOK; in fact, we expect ONEOK to come back with a protest and a demand that we use PTR for this period.  We'll keep you advised.

Many thanks.

Britt

-----Original Message-----
From: Anna L. Scott [mailto:AScott@gibbs-bruns.com]
Sent: Friday, September 21, 2001 10:32 AM
To: Davis, Britt
Subject: Here's that letter in word


Ken,

I am not a smart man. However I saw enron stock reached $26, I worry one thing.

Under current situation it is difficult to make more money. How could we boost stock price?

Enron hired enough people already. It is the time to cut cost, freeze hiring new people now.

Freezing hire is much more better than lay off in a near future.

Thanks.

Robert (Xiaowu) Huang
Database Technologies
713-345-3612


Finally - We have a China WTO agreement.  Congress must now vote on permanent
Normal Trade Relations (NTR) with China. We will follow closely and report.

            OFFICE OF THE UNITED  STATES TRADE  REPRESENTATIVE
                     Executive Office of the President
                          Washington, D.C.  20508

 USTR Press Releases are available on the USTR home page at www.ustr.gov.
     They are also available through the USTR Fax Retrieval System at
                               202-395-4809.

For Immediate Release                               Contact:Thomas Tripp
November 15, 1999                             Helaine Klasky
                                         Amy Stilwell
                                          (202) 395-3230

                 U.S., CHINA SIGN HISTORIC TRADE AGREEMENT

BEIJING, November 15, 1999    U.S. Trade Representative Charlene Barshefsky
and National Economic Council Director Gene Sperling today announced the
successful completion of bilateral talks on China?s accession to the World
Trade Organization.

Ambassador Barshefsky and Mr. Sperling issued a joint statement that said,
AWe are glad that after thirteen years of negotiation, China and the United
States have agreed upon a strong, commercially viable WTO agreement for
China.  This historic agreement is a win for American export-related jobs,
for Chinese economic reform, for our global trading system and for the
long-term U.S. - China relationship.

Outline of the Agreement

This agreement provides significant access for U.S. agriculture, industrial
products and services.  China will reduce both tariff and non-tariff
barriers to industrial goods and farm products.  The agreement contains
strong provisions to address import surges and unfair trade practices.
China has agreed to take specific actions to ensure fair treatment for
businesses operating in China.  These include limits on technology transfer
requirements, offsets and export performance requirements.

Some specific examples from the agreement include:

China will cut duties from an overall average of 22.1% to 17%.
China will make even greater reductions on agricultural items of particular
     interest to the United States.
China will establish large and increasing tariff-rate quotas for wheat,
     corn, rice and cotton with a substantial share reserved for private
     trade.
State trading for soy oil will be phased out.
China will eliminate export subsidies.
American companies can provide auto financing.
New access for U.S. companies, including banks, insurance companies and
     telecommunications businesses.
Distribution rights for U.S. exporters.
Improved access for computer services, business consulting, accounting,
     advertising,  and financial information services.
Increased imports of foreign films, on a revenue-sharing basis, to at least
     twenty films per year.

In textiles, the U.S. and China agreed on appropriate measures to avoid
     market disruptions during and after the phase out of current quotas.

Next Steps

This agreement represents a crucial step in China?s WTO accession process.
Several important steps remain ahead.  First China must conclude bilateral
negotiations with a number of other WTO members, including the European
Union.  Multilateral negotiations on China?s accession protocol must also
be finished.  China must then complete its own domestic procedures for
accession.

In response to the commitments contained in the agreement signed today,
President Clinton will work with other WTO member countries to gain China?s
entry as soon as possible and will seek from Congress the approval of
permanent Normal Trade Relations (NTR).


charset="iso-8859-1"
Find the BEST Loan!
 Purchase  | Refinance  | Home Equity Loan  | Consolidate Debts  | Home Improvement Loans  |  FHA  | VA  | Damaged Credit
Find the BEST Loan!  Don't WASTE MONEY!!!
 See TODAY'S RATES  FREE Home Loan Fast Quotes! Click HERE

++++++++++++++++++++++++++++++++++++++++++++++++++++
The e-mail address you are signed up with is: paul.d.thomas@enron.com
To unsubscribe please click here :
http://regman.freeze.com/mailing/remove.asp?email=paul.d.thomas@enron.com
This email is not sent unsolicited. This is a Freeze
Network mailing! You are receiving this email as a
subscriber to a Freeze Network service. This message
is sent to subscribers ONLY.
++++++++++++++++++++++++++++++++++++++++++++++++++++
(FRZ4009139)


Hi Wilson,

I've decided that it would be helpful to have a brief written explanation of
what limits of liability and waivers of consequential damages are permissable
under Mississippi law when contracting with the Cities or an energy
authority.  Could you provide me with something along that line?

Thank you,

Kay


---------------------- Forwarded by Chris Germany/HOU/ECT on 05/03/2000 11:20
AM ---------------------------

MARY THERESA FRANKLIN
04/06/2000 04:18 PM
To: Chris Germany/HOU/ECT@ECT
cc:
Subject: Re: CNG Appalachian production

I've talked to Jackie and am following up w/ an E-Mail as soon as I get the
contract numbers from Gloria.  So there
!


I see $498 rt from des moines to madrid on northwest
and $423 rt from houston to madrid on continental
that appears to me to be available on the dates we want . . . without
using priceline . . .
have you used up all your attempts on priceline eric?  if so, so you
want me to try from here?  what prices were you trying to bid?

** I also don't see a flight from omaha to houston on Continental for
those dates --- do you know if continental has stopped flying to omaha?
there are other carriers, but none direct.  just wondering.

> -----Original Message-----
> From: Gerald.Nemec@enron.com [SMTP:Gerald.Nemec@enron.com]
> Sent: Friday, September 29, 2000 11:49 AM
> To: matt.gillaspie@brentonbank.com
> Cc: Eric.Gillaspie@enron.com
> Subject: Re: FW: A Little Story
>
>
> Sounds like your little cousin is continuing to strike out on the
> airline
> tickets.  It really breaks my heart to see the once great web master
> fall
> so far. Maybe we should have assigned him the task of color
> coordinating
> his pants and shirts for the trip.
>
>


like me

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 12:02 PM
To:	Maggi, Mike
Subject:

oh this little man that sits next to me is so nice!


Start Date: 10/21/01; HourAhead hour: 11;  HourAhead schedule download failed. Manual intervention required.


I must be sleepy this morning.  ??.   K.

-----Original Message-----
From: John Watson [mailto:john.watson@pdq.net]
Sent: Friday, March 01, 2002 9:23 AM
To: Watson, Kimberly
Subject: FW: [ordinarylife] What Is The Rest of the Story?

ILY.  WRFBDTTOLC,SDF!  SYT.  JTW.

-----Original Message-----
From: William Kerley [mailto:Bill@bkspeaks.com]
Sent: Friday, March 01, 2002 8:55 AM
To: Ordinary Life
Subject: [ordinarylife] What Is The Rest of the Story?

ORDINARY LIFE - Thoughts and Ideas To Help You Live a Happier Life

======================================================

PREVIEW for March 3, 2002

======================================================

Dear Folks -

   I hope you have been allowing the story of One/Two Man to work its magic
on you. It is a most wonderful story.

   But what in the world - either the outer or inner world - does such a
story have to do with us? And those various animals who helped One/Two Man
in his task? Especially the snake?

   When we gather this week, as promised, I'll give you some ideas about
what this story means. What I'm mostly interested in is how we can use this
story and others like it - and there are many - for our own movement toward
freedom and love.

   I also want to connect this story to that primal Judeo-Christian story of
the exodus.

   I hope to see you this week as we continue our journey
   from bondage to freedom,
      from darkness to light,
         from death to life.

Much love,

Bill Kerley

========================================

Ordinary Life is a gathering that provides an opportunity to develop an
enlightened heart and an awakened mind to the reality of the present moment.

The gathering meets on Sunday mornings at 9:45 am in Fondren Hall at St.
Paul's UMC - 5501 South Main, Houston, Texas and is taught by Dr. Bill
Kerley. If you would like more information -

Contact Bill Kerley -

E-Mail - Bill@bkspeaks.com
Web - www.bkspeaks.com
Voice - 713-663-7771
Fax - 713-663-6418
Mail - 6300 West Loop South, Suite 480 Bellaire, TX 77401
========================================

If someone has forwarded a copy of this newsletter to you and you would like
to subscribe, send a blank e-mail addressed to

ordinarylife-subscribe@yahoogroups.com

You can access the archives of all the Ordinary Life newsletters by going to

http://www.yahoogroups.com/group/ordinarylife

You can add someone you know would be interested in receiving these on-line
newsletters by sending that information to -

Bill@bkspeaks.com

I'll make sure they are added immediately!

You can unsubscribe to this newsletter by sending an e-mail to

ordinarylife-unsubscribe@yahoogroups.com
========================================

The material in this on-line newsletter is copyrighted. It may be reproduced
and printed elsewhere as long as it is not changed in any way and credit is
given to this source.

Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/


Teco Tap       30.000 / HPL IFERC

Texoma         20.000 / HPL IFERC

LS HPL LSK IC       40.000 / Enron


CALENDAR ENTRY:	APPOINTMENT

Description:
	Jack Howard/PRC

Date:		1/26/2001
Time:		10:30 AM - 11:00 AM (Central Standard Time)

Chairperson:	Outlook Migration Team

Detailed Description:


ENA should sign them tomorrow. (I assume you are referring to the TurboPark
set?)

"Taylor, Rob" <robtaylor@akllp.com> on 12/09/2000 04:24:26 PM
To: "Kay Mann (E-mail)" <kay.mann@enron.com>, "Roseann M Engeldorf (E-mail)"
<Roseann.Engeldorf@enron.com>
cc:

Subject: GE Documents

Please provide me with signed copies of the GE Consents to Assignment
and the Override Letters.

Thanks,

Rob Taylor
Andrews & Kurth L.L.P.
600 Travis Street
Suite 4200
Houston, Texas  77002

Tel: (713) 220-4436
Fax: (713) 238-7273
e-mail: robtaylor@andrews-kurth.com

This e-mail is privileged and confidential and is intended only for the
recipient(s) named above.  If you are not the intended recipient, please
(i) do not read, copy, use or disclose the contents hereof to others
(any of the foregoing being strictly prohibited), (ii) notify the sender
immediately of your receipt hereof, and (iii) delete this e-mail and all
copies of it.


good quarter.  I have some interesting news for you next week, I hope.

-----Original Message-----
From: Whelan, Timothy
Sent: Wednesday, October 17, 2001 7:05 PM
To: Esposito, Kevin; Latto, Rich
Subject: FW: When you get a chance

 -----Original Message-----
From: 	Paul Crann [mailto:pcrann@avici.com]
Sent:	Wednesday, October 17, 2001 6:08 PM
To:	creitmeyer@morganlewis.com; mfburke1@yahoo.com;
Timothy.Whelan@globalcrossing.com
Subject:	Fwd: When you get a chance

 <<Message From Boeing1.pps>>


<title>WineISIT.com - Member E-mail</title>

Store
Member:
Spec's Wines, Spirits & Finer Foods

Members > E-mail
<map name='weekly link'>
<area alt='' coords='24, 9, 327, 28' href='http://www.wineisit.com/ad/2001October/Weekly/20011022/spec.html' shape='RECT'>
</map>

Hi JEFF,

Spec's Wines, Spirits & Finer Foods and WineISIT.com have teamed up to offer you some great savings on your favorite wines and spirits.

We hope you enjoy these WineISIT.com specials.

5% discount is available for those not using credit cards. Use of debit cards
earns the 5% cash discount.

Both regular and cash discount prices are listed. Specials available at all
locations.

E-mail any questions or comments about these special offers to:

sales@specsonline.com

Spec's largest and most famous location is at 2400 Smith St. on the south edge of
downtown. 16 other locations are around Houston.

Spec's is famous for providing customers more wine, liquor, beer and specialty foods and at lower prices than anyone in Texas.

Store Hours:

All stores are open from

10AM to 9PM Monday
through Saturday.

Charge Cards Honored:

American Express, Mastercard, Visa, Discover cards.

To arrange delivery, call order department at 713-526-8787 OR TOLL FREE 888-526-8787

Spec's, for the good stuff.

Spec's is not responsible for mis-prints or typographical errors. All customers must be at least 21 years old.

Monthly Specials:
October, 2001
Valid 10/8 thru 11/3

Turning Leaf Cabernet Sauvignon 750 ml.

This wine expresses itself with dark plum and black currant flavors layered with spicy oak and a slight chocolate finish. The wine is full bodied with structured tannins providing balance and elegance for a pleasurable drinking experience.

Cash Price: $5.79     Regular Price: $6.09

Torresella 2000 Pinot Grigio 750ml.

Aromas of fresh fruit, apple and melon; crisp and clean flavors; dry and beautifully balanced. An excellent complement to soups, antipasti, prosciutto, melon and light fish and pastas.

Cash Price: $6.49     Regular Price: $6.83

Bella Sera Pinot Grigio 1.5 L

The new Bella Sera Pinot Grigio is clean, crisp and refreshing. Utilizing fruit from the Tre Venezie region and subtle winemaker influence, Bella Sera captures the essence of the Pinot Grigio varietal and is a wine that is "true to the grape". The 1999 Pinot Grigio has a clear, straw color and a pleasant nose with delicate aromas of apricot and tropical fruit. This wine is refreshing and crisp with a light to medium body that will allow it to pair well with dishes of all types. Particularly good pairings include grilled vegetables, light pasta dishes and seafood. The refreshing style of the wine makes it a must for hot summer months.

Cash Price: $7.99     Regular Price: $8.41

Bella Sera Merlot 1.5L

The new Bella Sera Merlot clearly attests to the rising notoriety of Merlot in general, and Italian Merlot in particular, by offering a full flavored style without the more astringent tannins found in Cabernet Sauvignon. Ruby red in color, with aromas of currants and cherries, Bella Sera Merlot offers supple plum and blackberry flavors on the palate, and a ripe, rich finish. The vibrant fruit flavors and good acidity of this Merlot make it an excellent match with a wide range of foods, including tomato-based pasta dishes, grilled meats and poultry.

Cash Price: $7.99     Regular Price: $8.41

Tosti Asti 750 ml.

Tosti was founded in 1820 and is located in Canelli, Italy in the heart of the Asti region. Produced from the Moscato grape, it has a pale straw color with golden highlights. The sparkle is soft, lively with a delicate, aromatic nose and a trace of pear and fruit with a sweet flavor.

Enjoy Tosti Asti whenever you feel like enjoying a great glass of wine.

Cash Price: $7.69     Regular Price: $8.09

Ecco Domani Pinot Grigio
750 ml.

This Pinot Grigio has a clear, straw color and a pleasant nose with delicate aromas of apricot and tropical fruit. The wine displays crisp subtle flavors with excellent balance and a snappy finish. With its harmonious flavors and crisp acidity, this wine is an excellent match with seafood, poultry, pasta and vegetarian dishes.

Cash Price: $7.88     Regular Price: $8.29

Ecco Domani Merlot 750 ml.

Ecco Domani Merlot displays a deep red color tinged with ruby-red reflections. Aromas of blueberry and blackberry are evident, with a hint of jam on the nose. This wine is well-balanced, soft and harmonic wine on the palate. Our Merlot is a perfect match for a wide range of foods, particularly tomato-based pasta dishes, poultry and grilled meats.

Cash Price: $7.99     Regular Price: $8.41

Lockwood 1998 Cabernet Sauvignon, Monterey 750 ml.

All of the grapes used in this 1998 Cabernet Sauvignon came from Lockwood's San Lucas vineyard. Two percent Cabernet Franc and a touch of Merlot enhance its complexity. This is a powerful wine that beams with bright, jammy fruit and rich layers of cocoa, eucalyptus, and leather that will soften and grow more elegant over the next 5-7 years.

Cash Price: $9.99     Regular Price: $10.52

Monthaven Coastal 1998 Cabernet Sauvignon
750 ml.

Monthaven Coastal wines are produced using fruit grown along California's Central Coast. A region best known for its warm, sunny days, foggy evenings, and cool ocean breezes, the Central Coast's mild climate and longer growing season enhance the grapes' varietal characteristics and allow the rich, complex and decidedly distinctive flavors to show themselves in each and every bottle of Monthaven Coastal.

Cash Price: $8.99     Regular Price: $9.46

Monthaven Coastal 1998 Chardonnay 750 ml.

Monthaven Coastal wines are produced using fruit grown along California's Central Coast. A region best known for its warm, sunny days, foggy evenings, and cool ocean breezes, the Central Coast's mild climate and longer growing season enhance the grapes' varietal characteristics and allow the rich, complex and decidedly distinctive flavors to show themselves in each and every bottle of Monthaven Coastal.

Cash Price: $8.99     Regular Price: $9.46

E & J Cask & Cream
Liqueur 34? 750 ml.

"? a smooth, easy-to-drink cream liqueur made from blending E&J - and rich, imported cream to give it a uniquely delicious flavor. The brandy provides lingering delights of vanilla and butterscotch, which are enriched with velvety, Dutch cream."

Gregory Hill, Brandymaster

Cash Price: $9.99     Regular Price: $10.52

Moskovskaya Vodka
80? 1 L.

From Moscow's famous Cristall Distillery, makers of Stolichnaya and known worldwide for exceptional quality, this is the top-selling vodka in Russia. Virtually identical to Stoli (except the label is green, not red) at a bargain price!

Cash Price: $12.99     Regular Price: $13.67

Bacardi 8 Yr Rum 80?
750 ml.

From its origins in Cuba in 1862, Bacardi has always been considered one of the world's finest rums. It has a slight hint of banana in the nose, with a warm, syrupy palate.

Cash Price: $16.99     Regular Price: $17.88

J?germeister 70? 750 ml.

Named after Germany's patron saint of hunting, this unique herbal liqueur is made with 56 different spices for a pleasantly bitter taste. It's enjoyed cold (some bars feature it on tap with a chiller that keeps it at 4 degrees!) or in mixed drinks such as the German Chocolate Cake (1/2 oz. each Jagermeister and chocolate liqueur, with splashes of coconut rum and butterscotch schnapps).

Cash Price: $16.99     Regular Price: $17.88

Amaretto Di Saronno 56?
750 ml.

When Bernardino Luini painted a fresco of the Madonna in 1525, his model, a young inkeeper, fell in love with him and created this liqueur as a gift of her love. It's still made according to that original recipe, from the highest quality natural ingredients - alcohol, burnt sugar and the pure essence of 17 selected herbs and fruits soaked in apricot kernel oil. The sweet almond flavors have notes of honey, chocolate and orange.

Cash Price: $17.99     Regular Price: $18.94

Remy Martin VSOP Cognac 80? 750ml.

The flagship of the brand. One bottle alone contains hundreds of blend components, ranging from four to 15 years in age. The brand itself is a Fine Champagne Cognac taken from the two best crus. It has a golden amber color (old pale), great smoothness and complexity; balanced and perfectly mature.

Cash Price: $27.99     Regular Price: $29.46

Covey Run Cab-Merlot 750 ml.

Founded in 1982, Covey Run has established itself as a leading producer of outstanding varietal wines from Washington state's fertile Yakima Valley. Year after year, wine lovers and critics continue to recognize the unmatched quality and value found in Covey Run wines, honoring them with growing popularity and acclaim.

Cash Price: $6.99     Regular Price: $7.36

Rancho Zabaco 1998 Sonoma Heritage Vines Zinfandel
750 ml.

One of the outstanding brands being produced at the Gallo of Sonoma winery, created to showcase the bold, intense varietals of the best Sonoma areas. They're best known for their Zinfandels, and this one captures the essence of the grape's character-lush berry fruit flavors and moderate tannins. It's great for everyday drinking.

Cash Price: $8.99     Regular Price: $9.46

Vermeer Dutch Chocolate Cream 34? 750 ml.

Winner of the GOLD MEDAL for taste and the BEST OF SHOW Award from the American Tasting Institute. VERMEER is a superior tasting liqueur made from real Dutch chocolate, premium vodka, and fresh dairy cream.  This holiday season, treat your friends and family to VERMEER Dutch Chocolate Cream. Enjoy it straight up or on the rocks.

Cash Price: $18.49     Regular Price: $19.46

WineISIT.com Member E-mail is a special service for WineISIT.com members. If you wish to unsubscribe to this E-mail, simply click here and update your preferences on our E-mail preferences page.  We'll remove you from our member E-mail list as quickly as possible.


The new data are out from the CPUC.  Only reported as of 8/31/01.


has 478199 been changed yet?

   Kate Symes @ ECT                12/11/2000 04:39 PM

To: Kerri Thompson/Corp/Enron@ENRON
cc:

Subject: Re: natsource checkout

Yes, these are deals 478198 and 478199. Both are entered under Natsource, and
should be for Q1-01. 478199 was entered with the wrong price (165.05). It
should be 164.95, and I'll change it when the Risk girls are done with their
calc.

Thanks,
Kate

Kerri Thompson@ENRON
12/11/2000 02:32 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: natsource checkout

missing 2 deals

buys ees
164.95
25 mw
Q1
np15

sell duke
jan
25 mw
np-15
165.00

these 2 deals kind of recognize 478198, and 478199.


I am on vacation during the week of Oct. 9.  Sara

	Brent Hendry@ENRON
	09/13/2000 04:28 PM

		 To: Mark Taylor/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, Mary
Cook/HOU/ECT@ECT, Robert Bruce/NA/Enron@Enron, Tana Jones/HOU/ECT@ECT, Susan
Bailey/HOU/ECT@ECT, Samantha Boyd/NA/Enron@Enron, Stephanie
Panus/NA/Enron@Enron, Becky Tlucek/HOU/ECT@ECT, Taffy Milligan/HOU/ECT@ECT
		 cc:
		 Subject: Vacation etc.

I will be coming into the office late tomorrow morning, I will be waiting for
a second phone line to be installed.  I will be working on some weather deals
from home.  I will be available at my home number if anyone needs to reach
me.  My number is 281 866 8797, my cell number is 832 368 3286.

I would like to take the following Wednesdays as vacation days if it does not
cause a conflict in staffing:  September 27, October 11, October 25 and
November 8.   I would also like to take December 27 through 29 as vacation
days.  Please let me know if this will be problem.


Congressman DeLay is with us.....but with the demise of Speaker Gingrich, the
role of Committee Chairman has been reinstated.  Thus, this to-be Chairman is
going straight to the Speaker which poses both a political and House Rules
conundrum.  Of course, we are also going to the Speaker, the Majority Leader,
etc.  But it becomes the "pet rock" game where one Member respects another
Member's "pet rock" so that Member respects his "pet rock."  The one
outstanding pressure point we retain is lame-duck Chairman Bliley who is on
our side yet his relationship with the Leadership is poor while Congressman
Tauzin's remains stellar.  You might recall that Congressman Tauzin switched
parties with the price tag being many bennies and "secret deals" from
Leadership.  As of today, Congressman Barton is also on our side (but with
the death of his brother, his mother's open heart surgery, his wife's breast
cancer scare, etc.) we have not gotten him to refocus on approaching
Congressman Tauzin yet.  I will do this at the appropriate time.  I have kept
Ed Buckham apprised of our strategies.

Richard Shapiro@EES
08/10/2000 07:08 PM
To: Cynthia Sandherr/Corp/Enron@ENRON
cc:

Subject: RE: Draft Letter to Congress on Wynn Reliability Legislation

Where's Delay?

Cynthia Sandherr@ENRON
08/10/2000 05:50 PM

To: Richard Shapiro/HOU/EES@EES
cc: Joe Hartsoe/Corp/Enron@ENRON, dwatkiss@bracepatt.com
Subject: RE: Draft Letter to Congress on Wynn Reliability Legislation

Rick:  unfortunately, the stand alone reliability legislation DOES have a
"reasonable chance of passing."  To block this possibility, we are pursuing
two strategies simultaneously.  #1 the Stakeholder letter with the message
that the bill does little for reliability and provides no real political
inoculation so should not be passed; and #2 the lack of consensus on the
technical language contained within the bill makes passage problematic.  If
the bill were to be able to move, the bill must be considered "consensus"
otherwise it  will pose political problems for the Calendar.  Today, there is
still lack of bill consensus.  We should consider a strategy of asking for
reasonable legislative provisions beyond the current language which would
improve the bill (and continue to keep true consensus from occurring.)  Of
course, we cannot be obvious on this approach.

Part of the reason I was pushing to get one or our CEO's to play golf with
Congressman Tauzin on the 22nd is he is the key Member pushing the House
Leadership to pass the stand-alone bill now to "politically inoculate
Republicans."  As the likely new House Commerce Committee Chairman; he
carries sway.  Another approach would be for us to call Entergy to give
Congressman Tauzin the same message.

And our #3 strategy.....pray that the temperature cools down so the issue
dissipates.....and/or they run out of time......

Richard Shapiro@EES
08/10/2000 09:16 AM
To: Cynthia Sandherr/Corp/Enron@ENRON
cc:

Subject: RE: Draft Letter to Congress on Wynn Reliability Legislation

Why are we communicating technical problems ?( do we think it has a
reasonable chance of passing?) Reliability-only  legislation is bad policy. I

Cynthia Sandherr@ENRON
08/09/2000 07:09 PM

To: Steven J Kean/HOU/EES@EES, Richard Shapiro/HOU/EES@EES, Joe
Hillings/Corp/Enron@ENRON, Mark Palmer/Corp/Enron@ENRON, Joe
Hartsoe/Corp/Enron@ENRON, Sarah Novosel/Corp/Enron@ENRON, Tom
Briggs/NA/Enron@Enron, dwatkiss@bracepatt.com, cingebretson@bracepatt.com,
ed@buckham.com, bpaxon@akingump.com, Allison Navin/Corp/Enron@ENRON
cc:
Subject: RE: Draft Letter to Congress on Wynn Reliability Legislation

As discussed, should Congress upon its return after the Labor Day recess
appear ready to move H.R. 4941, Congressman Wynn's stand-alone reliability
legislation; a large group of stakeholders would sign and send the attached
letter.  Although Enron would like the letter to be stronger, this letter
went through many revisions to reach the consensus language necessary for a
larger group to sign.  Thus, while not a perfect letter, it would send a
stronger message with a multitude of signatures.

The status of the letter is that it is being "held in our back pocket" should
it become necessary.  Pre-approval has been given and it stands in an
"almost" final form.  Should you have any grave problems with the letter, let
me know, and I will see what's possible given the constraints posed by the
group.

On a separate but related note, we are working with Joe and Dan to prepare a
short white paper to detail the "technical problems" still remaining with the
Wynn legislative language and will communicate these problems, Enron's
opposition and lack of bill "consensus" to the Hill shortly (as soon as this
paper is ready.)  I believe ELCON, EPSA and CMA will continue to share our
opposition although confusion remains on the Hill as to the exact reasons for
our opposition given the numerous versions of the legislation circulating.
thanks.

 - 08_04_00_Draft_Stake_ltr_WJL.doc


---------------------- Forwarded by Darron C Giron/HOU/ECT on 06/15/2000
05:43 PM ---------------------------

	Enron North America Corp.

	From:  Victor Guggenheim                           06/15/2000 11:10 AM

To: Darron C Giron/HOU/ECT@ECT
cc:
Subject: My Homepage

---------------------- Forwarded by Victor Guggenheim/HOU/ECT on 06/15/2000
11:10 AM ---------------------------

	Enron Capital Management

	From:  David Baumbach                           06/15/2000 11:06 AM

To: Kyle Etter/HOU/ECT@ECT, Victor Guggenheim/HOU/ECT@ECT
cc:
Subject: My Homepage

http://welcome.to/mytrailerparkpage


[IMAGE]  [IMAGE]   Introducing the HighSchoolAlumni Deal of the Week. To thank you for being a valuable member of our community, we will occassionally present you with special offers and exciting products.  CCGBLU00001066   If you would like to stop receiving our Deal of the Week, please change your email settings on HighSchoolAlumni.com .


fyi
---------------------- Forwarded by Scott Neal/HOU/ECT on 10/04/2000 07:21 AM
---------------------------

Heather Choate
09/29/2000 04:27 PM
To: Scott Neal/HOU/ECT@ECT, Hunter S Shively/HOU/ECT@ECT, Phillip K
Allen/HOU/ECT@ECT, Linda Roberts/NA/Enron@Enron, George Weissman/HOU/ECT@ECT,
Gary Bryan/HOU/ECT@ECT, Melissa Graves/HOU/ECT@ECT, Steve
Jackson/HOU/ECT@ECT, Leslie Reeves/HOU/ECT@ECT
cc: Julie A Gomez/HOU/ECT@ECT, Scott Mills/HOU/ECT@ECT, Kimberly
Brown/HOU/ECT@ECT, Airam Arteaga/HOU/ECT@ECT, Ina Rangel/HOU/ECT@ECT, Adrial
Boals/Corp/Enron@Enron, Melanie Facundo/HOU/ECT@ECT, Katherine
Crosswhite/HOU/ECT@ECT, Yolanda Ford/HOU/ECT@ECT, Irena D Hogan/HOU/ECT@ECT,
Monica Jackson/Corp/Enron@ENRON, Bob M Hall/NA/Enron@Enron
Subject: Producer Services Meeting

Please plan to attend a meeting to discuss Producer Services...

   Wednesday, October 4, 2000

  from 3:00 to 4:30pm in EB3270

   If you are unable to attend, please call me at x33278.

  Thank you,
  Heather Choate
       for Bob Hall


---------------------- Forwarded by Errol McLaughlin/Corp/Enron on 02/09/2001
09:25 AM ---------------------------

Jeffrey C Gossett@ECT
02/09/2001 09:26 AM
To: Darron C Giron/HOU/ECT@ECT, Errol McLaughlin/Corp/Enron@ENRON
cc:

Subject: Credit Report--2/9/01

It looks like these are all Darron's new guy and Laura.  Can you guys make
sure that everyone is using the correct CP name and the list provided by
confirms?

Thanks
---------------------- Forwarded by Jeffrey C Gossett/HOU/ECT on 02/09/2001
09:23 AM ---------------------------

From:  Veronica Espinoza @ ENRON
               02/09/2001 09:19 AM

To: Larry Joe Hunter/HOU/ECT@ECT, Bob Bowen/HOU/ECT@ECT, Kim S
Theriot/HOU/ECT@ECT, Melinda Whalen/CAL/ECT@ECT, Dianne Seib/CAL/ECT@ECT,
Janie Aguayo/HOU/ECT@ECT, Derek Bailey/Corp/Enron@ENRON, Kevin
Meredith/Corp/Enron@ENRON, Ellen Wallumrod/NA/Enron@ENRON, Celeste
Cisneros/NA/Enron@Enron, Diane Anderson/NA/Enron@Enron, Tiffany
Williams/NA/Enron@Enron, Cindy Feldman/CAL/ECT@ECT, Patricia
Boulanger/CAL/ECT@ECT, Linda Sietzema/CAL/ECT@ECT, Sharon
Crawford/CAL/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT, Tanya
Rohauer/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT, William S Bradford/HOU/ECT@ECT,
Russell Diamond/HOU/ECT@ECT, Lesli Campbell/HOU/ECT@ECT, Nidia
Mendoza/HOU/ECT@ECT, Jeffrey C Gossett/HOU/ECT@ECT, Kam Keiser/HOU/ECT@ECT,
David Baumbach/HOU/ECT@ECT, Errol McLaughlin/Corp/Enron@ENRON, Darron C
Giron/HOU/ECT@ECT, Walter Guidroz/NA/Enron@Enron, Leslie Reeves/HOU/ECT@ECT,
Veronica Gonzalez/HOU/ECT@ECT, Phillip M Love/HOU/ECT@ECT, Jean
Bell/HOU/ECT@ECT, Ken Curry/HOU/ECT@ECT
cc:
Subject: Credit Report--2/9/01


Page Montovano
Diane -- pay for part of an admin
Ken Rice
Steve Shackman -- MayaMora Weber 609 279 4094
Cal trip Leave meessage for Eliz and Karen
39504 Sheila Galloway
Ralph Cavanagh (415) 777 -0220
Mike Day 415 781 0701
Meg Nollen


---------------------- Forwarded by Stacey Neuweiler/HOU/ECT on 03/24/2000
11:37 AM ---------------------------

Marlene Hilliard
03/24/2000 11:04 AM
To: Stacey Neuweiler/HOU/ECT@ECT, Rita Wynne/HOU/ECT@ECT, Sylvia A
Campos/HOU/ECT@ECT, Julie Meyers/HOU/ECT@ECT
cc:
Subject: Change name on pipeline, Contract No. Teco9121, Global Contract No.
96016601

Please be advised that Contract No. Teco9121 shows in the Global Contract
system as PG&E Texas Pipeline, L.P., however, the pipeline name should be
PG&E Gas Transmission Teco, Inc..  Apparently, the pipeline name was entered
into the global system incorrectly. I have confirmed this with Charles Berner
in the Contracts Administration section and Kim Watson, both with PG&E Gas
Transmission Teco, Inc..  The contract name should be PG&E Gas Transmission
Teco, Inc.

I would like to change the pipeline to reflect the correct pipeline name
effective April 1, 2000.  Thus it will not affect the previous noms for this
contract.

All please respond to let me know if this will cause problems with
replication or anything else with the system.

Julie and Stacey,  Deal No. 47434 is attached to this contract you may need
to change this in your system.

Marlene Hilliard


(See attached file: fxdta.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
 - fxdta.pdf


Some people had trouble getting the spreadsheet for Week 13 results so I'm
sending it out again using a different version of Excel.  Also attached is
another pick sheet using a different version of Excel.  If you have a
problem with it, please let me know.

 - 2000WK13(a)final.xls
 - Pick Sheet - Week 14a.xls


Please notify Susan or myself when book request is complete.  Contact me if
you have any questions.

Thank you,
Burton
x5-7197


SEPTEMBER CLASSES

 Working Styles: Working With People Effectively - September 19  (4 hour
session)  Cost:  $300.00
This module helps participants understand how they perceive others and how
others perceive them on the basis of behavioral clues. It also discusses what
they can learn from those clues about working together effectively.  As a
result,  participants will experience less interpersonal tension with members
of the team or work unit.
 Communicating Effectively - September 19, & 20  (4 hour sessions)
Cost:  $200.00
Participants will learn the skills that facilitate and promote good
communication, as well as the behaviors that indicate a willingness to
communicate with others. As a result of the module, participants will have
new models and tools that enhance their willingness and ability to
communicate in the workplace.
 Fundamentals of Corporate Finance - September 21 & 22   Cost:  $700.00
This program is designed to provide managers, professionals, technical and
staff personnel a basic understanding of finance and accounting principles
that are imbedded in Enron equity transactions.   This program is also a good
refresher in Finance and Accounting before taking the Applied Finance
program.
 Applied Finance - September 28 & 29    Cost:  $700.00
If a basic understanding of Enron equity transactions (deals) will help you
do your job better, this course is for you.  This course will help you
understand how ENA structures deals, the "deal space", and how the financial
principals discussed relate to ENA deals.
 FranklinCovey Project Managment: An Approach That Really Works*** -
September 27   Cost:  $300.00
This is a one-day introductory program designed for those who have never had
project management training before.  This course will meet the needs of
people who need to handle multiple small projects, with typically less than
100 tasks.

***Pilot Class

For registration or more information, please click here () to go directly
into the Development Center "Ernie", or call 3-0357.


Peter:
Thanks for responding and sorry about you having to repeat this again as I
was not aware of your previous discussions.  In Stikeman's November 2000 ISDA
Collateral Opinion, they suggest as an alternative course of action to modify
the Credit Support Annex to create a debtor/creditor relationship between the
parties and to provide for an outright transfer of cash instead of a pledge.
Do you have any thoughts on this?  Is this an alternative that we should
consider implementing with some of our more persistent high volume
counterparties who are giving us a hard time about not being able to post
cash collateral to us?

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

	Peter Keohane
	03/20/2001 09:58 AM

		 To: Carol St Clair/HOU/ECT@ECT
		 cc: Greg Johnston/CAL/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, Mary
Cook/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Brent Hendry/NA/Enron@Enron, Chris
Gaffney/TOR/ECT@ECT, Mark Powell/CAL/ECT@ECT, Sharon Crawford/CAL/ECT@ECT,
Tana Jones/HOU/ECT@ECT
		 Subject: Re: Cash Collateral In Canada

In the past few weeks, I have discussed this issue with Brent H., Mark T.
Chris G. and Mary C.  Under the PPSA jurisdictions in Canada, which includes
Alberta and Ontario among others, cash held on deposit as collateral is not
clearly categorized as "money" but more likely an "account".  Although
certain categories of collateral can be perfected by possession, including
"money", "intangibles", which includes "accounts", cannot be perfected by
possession.  The issue comes down to whether we will accept the risk that a
wire transfer to an account designated by us constitutes "money".  Although
it is not clear, the better view is that "money" means cash in hand and not
on deposit.  The risk is that an unperfected security interest is subordinate
to various parties, including a bankruptcy trustee and to subsequently taken
but properly perfected security interests.  I will admit, however, that this
seems to be a risk that others in our market take (although likely
unknowingly).

Accordingly, to perfect the "account" a registration is likely required at
the PPR, which is something we do not want to get into.

Even then, as an "account" is an "intangible" certain conflicts rules for
perfection by registration need to be considered, as the PPSA jurisdictions
provide that perfection of an intangible is governed by the laws of the
jurisdiction where the debtor is located, as determined by the location of
its principal place of business or chief executive office. i.e.  registration
may be required in some other jurisdiction entirely.  Further, an advance
search would have to be done to see if there are competing prior
registrations.  Also, as the PPR is not a guaranteed title registry,
registration priority does not necessarily guarantee security priority, and
law firms will not typically give priority opinions under the PPSA.

Lastly, if there is an insolvency and the deposit holding institution is also
a creditor of the counterparty, there may be some argument that the deposit
holding institution will assert rights of set off over the account.

In terms of updating advice, the statutory provisions have not to my
knowledge changed.  I suppose there is some possibility that a court has
recently determined that "money" includes deposits that we are not aware of,
and I could ask outside counsel to research this issue.

Peter.

   Carol St Clair                03/20/2001 07:45 AM

To: Peter Keohane/CAL/ECT@ECT, Greg Johnston/CAL/ECT@ECT
cc: Sara Shackleton/HOU/ECT@ECT, Mary Cook/HOU/ECT@ECT
Subject: Cash Collateral In Canada

Peter and Greg:
One of our counterparties is questioning why we won't accept cash collateral
in Canada.  They claim that under the current state of the law, holding cash
collateral is the method for perfecting.  Please advise.  Should we ask
Stikeman to update their advice to us on this?

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


Carol

Can you sit in on this call with me ?   Thanks
----- Forwarded by Elizabeth Sager/HOU/ECT on 05/29/2001 11:46 AM -----

	"Andy Katz" <AKatz@eei.org> 05/29/2001 11:31 AM 	   To: <louv@acespower.com>, <fhilton@aep.com>, <lrgroff@aep.com>, <Christine_Schwab@dom.com>, <Francine_Mathews@dom.com>, <rsbaker@duke-energy.com>, <pjpa@dynegy.com>, <mtwilliams@edisonmission.com>, <RReyna@energyusa.com>, <Tracy.Ngo@enron.com>, <ed.zabrocki@msdw.com>, <william.mccoy@msdw.com>, <daniel.sarti@neg.pge.com>, <Jeremy.Weinstein@pacificorp.com>, <kabedin@powersrc.com>, <Shari_Stack@reliantenergy.com>, <cward@utilicorp.com>, <mcrocker@utilicorp.com>, <pharrod@utilicorp.com>, <william.dudley@xemkt.com>  cc: <martyjo.rogers@axiaenergy.com>, <hemu@dynegy.com>, <elizabeth.sager@enron.com>, <jcrespo@hess.com>, <wfhenze@jonesday.com>, <dperlman@powersrc.com>, <rosteen@powersrc.com>, <drusso@reliantenergy.com>, <babak.pooya@southernenergy.com>  Subject: Conference Call for Collateral Annex Group

Since I will be traveling on Friday - we had to change the conference call on Thursday 2pm EST...If you are able to participate, please call 1-800-.860-2442  In addition, based on responses received regarding availability to date, we are tentatively planning to have the working group meeting in Houston during the week of July 23rd.

Andrew S. Katz, Director Industry Legal Affairs
Edison Electric Institute
701 Pennsylvania Avenue, N.W.
Washington, D.C.  20004
Voice:  202-508-5616
Fax:     202-508-5673
e-mail:  akatz@eei.org
 - TEXT.htm
 - Andy Katz.vcf


Ben,

Who can know go in an change Vac time....Joe Stepenovitch should have been marked VACATION TIME FOR MAY 15th - 18th, (32 hours total) and he was not.  I can not go that far back.  Can we please have someone change this so his time will be correct?

Thanks for your help,

T.Jae Black
East Power Trading
Assistant to Kevin Presto
off. 713-853-5800
fax 713-646-8272
cell 713-539-4760


Listed below is your hotel information for your Wellesley trip on Wednesday,
September 27th.

Hotel
Wellesley Inn
576 Washington St.
(781) 235-0180

Sept. 27-29  Confirmation
Name
Geynille Dillingham 73606
Cindy Olson  73607
Christie Patrick  73609
Bryan Garrett  79195
Grace Kim  79196
Elizabeth Shim  79197
Michelle Cash  79198
Sally Beck  79199
Kelly Boots  79203

Sept .27-28  Confirmation
Rich Schneider  73608

If you have any questions, please feel free to call me at x5.7344

HAVE A SAFE TRIP!

Thank You.

Debbie Flores
Recruiting Coordinator
Analyst Program


Ehud,

Please, give me a call when you land on my regular and cell phone.
I shall proceed to the restaurant (about 10 minutes from the office).

Cell: 713 410 5396

Office: 713 853 3848

Please, keep the copies of all the receipts.

Vince


no comments.  thanks. DF

DENISE LAGESSE
01/11/2000 12:24 PM
To: Philip Crowley/ET&S/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON, Kathy
Ringblom/ET&S/Enron@ENRON, Louis Soldano/ET&S/Enron@ENRON
cc: Maxine Smith/ET&S/Enron@ENRON, Martha Benner/ET&S/Enron@ENRON, Ann
Smith/ET&S/Enron@ENRON, Jan Cobden/ET&S/Enron@ENRON

Subject: REMINDER: Weekly Significant Litigation Report

If you have comments to the weekly report, please forward them to me asap.
If you do not have comments, please let me know so that I can make a note of
it.  Thanks!

---------------------- Forwarded by Denise LaGesse/ET&S/Enron on 01/11/2000
12:17 PM ---------------------------

DENISE LAGESSE
01/07/2000 02:40 PM
To: Eric Benson/ET&S/Enron@ENRON, Janet Butler/ET&S/Enron@ENRON, Jan
Cobden/ET&S/Enron@ENRON, Janet Cones/FGT/Enron@ENRON, Shelley
Corman/ET&S/Enron@ENRON, Philip Crowley/ET&S/Enron@ENRON, Theresa
Hess/ET&S/Enron@ENRON, Staci Holtzman/FGT/Enron@ENRON, Tamara
Hopkins/ET&S/Enron@ENRON, Lee Huber/ET&S/Enron@ENRON, Frazier
King/FGT/Enron@ENRON, Candace Kyle/ET&S/Enron@ENRON, Ruth
Mann/ET&S/Enron@ENRON, Dorothy McCoppin/FGT/Enron@ENRON, Michael
Moran/ET&S/Enron@ENRON, Peggy Phillips/FGT/Enron@ENRON, Tony
Pryor/ET&S/Enron@ENRON, Colleen Raker/ET&S/Enron@ENRON, Bret
Reich/ET&S/Enron@ENRON, Susan Scott/ET&S/Enron@ENRON, Emily
Sellers/ET&S/Enron@ENRON, Maxine Smith/ET&S/Enron@ENRON, Louis
Soldano/ET&S/Enron@ENRON, Kim Wilkie/ET&S/Enron@ENRON, Martha
Benner/ET&S/Enron@ENRON, Dari Dornan/ET&S/Enron@ENRON, Drew
Fossum/ET&S/Enron@ENRON, Maria Pavlou/ET&S/Enron@ENRON, Kathy
Ringblom/ET&S/Enron@ENRON, Ann Smith/ET&S/Enron@ENRON, Jim
Talcott/ET&S/Enron@ENRON
cc:

Subject: Weekly Significant Litigation Report

Attached is the Weekly Significant Litigation Report for the week of Dec.
20.  Please add your comments for this week
and last week, and submit them to me by EOB Monday, Jan. 10.

If you have received this e-mail in error, please disregard; I'd rather
include everyonethan risk omitting someone.   Thanks very much!  :)


If you are looking to feed and challenge your faith, visit
Crosswalk.com's Spiritual Life Channel at:
http://spiritual.crosswalk.com
-----------
T O D A Y    G O D    I S    F I R S T
                  Marketplace Meditations
                       by Os Hillman

Ability Versus Availability

His pleasure is not in the strength of the horse, nor His delight
in the legs of a man; the Lord delights in those who fear Him,
who put their hope in His unfailing love.
- (Psalms 147:10-11)

Do you ever feel so skilled in what you do that you require
little help from others? Perhaps you may feel that you are more
skilled than any other in your field. Does God need your skills
and abilities in order to accomplish His purposes on this earth?
The answer is NO.

One thing God does not need is our skills and abilities. However,
He does give us the privilege to exercise our gifts and abilities
for His service. That service may be as a computer technician, a
secretary, an ironworker, or even a lawyer. God calls each of us
to our vocations to work unto Him. To believe that He needs our
skills to accomplish His mission on earth would be to lower our
understanding of an all-encompassing and all-powerful God. The
psalmist tells us that His pleasure is not in our strength and
ability, but His pleasure is in the attitude of the heart. It is
what we find in the heart that helps determine whether ability is
translated into availability. You see, God is looking to and fro
throughout the earth for a man or woman who is fully committed to
Him. A man or woman who is committed to fearing the Lord and
placing his hope in His unfailing love is the person God seeks to
support. "For the eyes of the Lord range throughout the earth to
strengthen those whose hearts are fully committed to Him" (2
Chron. 16:9a). When our agenda becomes His agenda, we can expect
God to fully support all that we do.

If we want to see our skills and abilities multiplied a
hundredfold, then we must make them completely available to His
service. Where are the opportunities in which God is calling you
to be available to Him? Next time someone asks you to be involved
in some activity, before you say yea or nay, make sure you check
in with the Master of our decisions to ensure that your gifts and
talents are being used as He desires.

Published and distributed by Crosswalk.com, this daily devotional is
written by Os Hillman (os@marketplaceleaders.org).  Os is president of
Marketplace Leaders, an Atlanta based ministry teaching Biblical
principles for career and business success.  He offers a FREE newsletter
and other resources at:
http://www.marketplaceleaders.org

Order "TGIF: Today God I s  First" - 365 daily meditations to motivate
and inspire for $17 for TGIF subscribers. Click here to order:

http://www.marketplaceleaders.org/displayroom/skudetail.nhtml?uid=10055

To support Os Hillman  & Marketplace Leaders , click:
 https://nhf.org/applications/donate.htm?FDN=Marketplace%2BLeaders

Mail: 3520 Habersham Club Drive, Cumming, Georgia 30041 USA.

____________________SUBSCRIPTION INFO_______________________

* You subscribed to Marketplace Meditations as:
         < jeff.king@enron.com >
* To unsubscribe from this newsletter immediately, click here:
         < http://link.crosswalk.com/UM/U.ASP?A3.12.261895 >
  If that link is not clickable, simply copy and paste it into
  your browser window.
* To change your address:  unsubscribe your old address
  and then subscribe your new address.
* To subscribe, send an email to:
  < SUBSCRIBE-marketplace@lists.crosswalk.com > or go to
  < http://www.crosswalk.com/lists > for a complete list of
  our newsletters.
* Copyright ? 2001 Crosswalk.com, Inc. and its Content
  Providers. All rights reserved.

____________________________________________________________


Greetings Jeff,
Thanks.  I will make copies and bring it to class.
Kindly,
Salvador

--
Salvador D. Aceves
Assistant Professor, Accounting
Director, Executive Education
School of Business and Management
University of San Francisco
2130 Fulton Street
San Francisco, CA  94117
Tel (415) 422-6263 fax (415) 422-2502
e-mail: acevess@usfca.edu

> Funny thing.  Right after we'd discussed my company's mark to market
> accounting in class on Monday, this article showed up on Wednesday.
> Thought you might be interested.
>
> TEXAS JOURNAL --- Energy Traders Cite Gains, But Some Math Is Missing ----
> By Jonathan Weil Staff Reporter of The Wall Street Journal
>
> Volatile prices for natural gas and electricity are creating high-voltage
> earnings growth at some companies with large energy-trading units. But
> investors
> counting on these gains could be in for a jolt down the road.
>
>   Shares of these companies have been on a tear lately. And some of the
> biggest
> players are in Houston, the center of the energy-trading industry. Dynegy
> Inc.'s
> stock is up more than fourfold so far this year at $53.438, and now trades
> for
> 41 times what analysts project the company's 2000 earnings will be,
> according to
> First Call/Thomson Financial. Shares of Enron Corp., the largest trader of
> gas
> and electricity in North America, have nearly doubled this year to $84.875,
> or
> 60 times earnings. Meanwhile, El Paso Energy Corp.'s stock has jumped 61%
> this
> year to $62.375, or 24 times earnings.
>
>   Traders at these and other companies are capitalizing on the wild price
> swings
> and supply fluctuations that have accompanied deregulation in some regional
> markets. Natural-gas prices have more than doubled in the past year, while
> supplies have tightened. And the rapid price fluctuations for electricity
> have
> prompted many large businesses to seek price protection through hedging or
> fixed-price contracts, generating large premiums for traders.
>
>   But what many investors may not realize is that much of these companies'
> recent profits constitute unrealized, noncash gains. Frequently, these
> profits
> depend on assumptions and estimates about future market factors, the
> details of
> which the companies do not provide, and which time may prove wrong. And
> because
> of minimal disclosure standards in these kinds of cases, it's difficult for
> investors to assess whose assumptions might be too aggressive, or what
> market
> changes might invalidate the assumptions -- and force earnings revisions.
>
>   "There could be a quality-of-earnings issue," says Tom Linsmeier, an
> associate
> professor of accounting at Michigan State University, who co-authored the
> U.S.
> Securities and Exchange Commission's rules on market-risk disclosures for
> financial instruments. "There certainly might be great volatility that
> could
> cause what now looks like a winning, locked-in gain to not arise sometime
> in the
> future."
>
>   The companies reject any suggestion that there may be quality problems
> with
> their earnings.
>
>   But at the heart of the situation is an accounting technique that allows
> companies to include as current earnings those profits they expect to
> realize
> from energy-related contracts and other derivative instruments in future
> periods, sometimes stretching over more than 20 years.
>
>   So-called mark-to-market accounting is mandated by accounting-rule makers
> when
> companies have outstanding energy-related contracts on their books at the
> end of
> a quarter, such as agreements to sell electricity or buy natural gas over a
> period of time at certain prices. Under those rules, companies estimate the
> fair
> market values of those contracts on their balance sheets each quarter as
> assets
> or liabilities. Changes in the value of a contract from quarter to quarter
> then
> are either added to or subtracted from net earnings.
>
>   If, for instance, the market price for natural gas rises above the price
> specified in a company's contract to buy gas, generally the company will
> record
> an unrealized gain. That gain is recognized as income and recorded as an
> asset
> on the company's balance sheet. At the end of each quarter, the contract is
> revalued. The value of the previously recorded asset is increased, and any
> increase in unrealized gain is recorded as additional income. Conversely,
> if the
> market value for gas falls, and the value of the contract has declined, any
> change in the contract's value is recorded on the company's balance sheet,
> and a
> loss is recorded on its income statement. e
>
>   Yet in their financial reports, the companies only vaguely describe the
> methods they use to come up with fair-value estimates on the contracts.
> Increasingly, quoted market prices offering independent guidance are
> becoming
> readily available for several years into the future. However, with some
> long-term derivative instruments, particularly electricity contracts,
> future
> market prices don't extend far enough to cover the full life of those
> contracts.
> And in those cases, companies are allowed to base valuations on their own
> undisclosed estimates, assumptions and pricing models.
>
>   "Ultimately they're telling you what they think the answer is, but
> they're not
> telling you how they got to that answer," says Stephen Campbell, an analyst
> at
> Business Valuation Services in Dallas. "That is essentially saying `trust
> me.'"
>
>   Accounting-rule makers at the Financial Accounting Standards Board have
> debated the subject of how to value energy-related contracts extensively in
> recent months. "Two companies in similar circumstances might apply
> different
> methods to estimate the fair value of their energy-related contracts and
> may
> arrive at widely different values," an FASB task force studying the issue
> wrote
> in a June report. "Those differences lead to the question of whether some
> of the
> methods in practice yield estimated amounts that are not representative of
> fair
> value."
>
>   Despite this concern, FASB isn't inclined to offer any explicit guidance
> for
> how such contracts should be valued. "There are just too many models and
> too
> many different types of instruments for us to have a one-size-fits-all type
> of
> model," explains Timothy Lucas, FASB's director of research in Norwalk,
> Conn.
>
>   One way to determine the size of a company's unrealized gains is to
> compare
> the change in the values of net assets from risk-management activities from
> quarter to quarter. Some companies also disclose how much they're adjusting
> their cash-flow statements to reflect unrealized gains that have been
> booked as
> earnings. That's how one can determine the size of the unrealized gains at
> Dynegy and Enron, for example, the two companies confirm.
>
>   A reporter's examination of Dynegy's financial filings shows the
> company's
> earnings are highly dependent on unrealized gains from risk-management
> activities. For its most recent quarter, ended June 30, Dynegy reported
> earnings
> of 38 cents a diluted share -- 71% of which came from unrealized gains, the
> company confirms. (The company's per-share earnings would have been 20
> cents
> higher if not for a one-time stock dividend.) For all of 1999, Dynegy
> recorded
> $115 million in unrealized gains, accounting for 51% of its earnings.
>
>   Enron confirms it booked $747 million in unrealized gains from
> risk-management
> activities during the second quarter, more than the company's total $609
> million
> in earnings before interest and taxes. Absent unrealized gains, the company
> would have reported a quarterly loss. For the quarter, the company reported
> earnings of 34 cents a diluted share, up 26% from a year earlier.
>
>   But not all companies disclose enough information for investors to
> calculate
> how large their unrealized gains are. El Paso says that's the case with its
> own
> quarterly reports, which disclose short-term assets and liabilities from
> risk-management activities -- but not long-term risk-management assets and
> liabilities.
>
>   For the second quarter, El Paso reported that its energy marketing and
> trading
> unit earned $152 million before interest and taxes, 24 times what it earned
> a
> year earlier. In an interview, El Paso's chief financial officer, Brent
> Austin,
> says unrealized gains represented about a third of that total. He says most
> of
> the cash from those gains will materialize within a year.
>
>   In its financial reports, Dynegy highlights the uncertainties with some
> contract valuations. It explains that with some long-term contracts for
> which
> market-price quotes aren't available, "the lack of long-term pricing
> liquidity
> requires the use of mathematical models to value these commitments . . .
> [using]
> historical market data to forecast future elongated pricing curves." Dynegy
> cautions that actual cash returns may "vary, either positively or
> negatively,
> from the results estimated."
>
>  But like Enron, El Paso and others, Dynegy provides scant details about
> its
> mathematical models -- such as the assumptions they use for market
> volatility
> and long-term price forecasts for natural gas and electricity. Nor is the
> company required to disclose more.
>
>   "The disclosure mentions risks," says John Cassidy, an analyst who tracks
> Dynegy for Moody's Investors Service in New York. "But I don't know that
> the
> disclosure offers enough detail for you to be able to quantify how much
> risk
> there is."
>
>   El Paso's filings warn that "because the valuation of these financial
> instruments can involve estimates, changes in the assumptions underlying
> these
> estimates can occur, changing our valuation and potentially resulting in
> financial losses." Enron cautions that the values it assigns to various
> transactions are based on "management's best estimate."
>
>   The companies are required to disclose what they think their maximum
> potential
> single-day risk-management losses might be, figures that also are based on
> various undisclosed market assumptions. But energy traders cite competitive
> reasons for not disclosing more.
>
>   "You don't necessarily want to tip off everyone to what you're doing,"
> says
> John Harrison, chief financial officer for El Paso's merchant-energy unit.
>
>   Echoing remarks by executives at other energy traders, Enron's executive
> vice
> president and chief accounting officer, Richard Causey, says Enron runs a
> relatively balanced portfolio and that the estimates factored into his
> company's
> valuations are conservative. In large part, he says, those estimates are
> based
> on quoted market prices where available. Where they're not available, Mr.
> Causey
> says Enron bases its estimates in part on long-term pricing trends, as well
> as
> the company's own trading experience, which dates to 1990.
>
>   Further, Mr. Causey says, Enron's unrealized gains don't depend heavily
> on
> gains from long-term contracts that extend beyond the periods for which
> market
> quotes are available, reducing the potential for significant earnings
> revisions.
> The average length of Enron's risk-management contracts is just two years,
> he
> says. To be sure, though, some of Enron's electricity contracts extend for
> 25
> years.
>
>   "We're getting the cash in quicker than you might think," Mr. Causey
> says.
> "They don't stay unrealized very long."
>
>   El Paso says its contracts have an average life of six years, with some
> running as long as 20 years. Dynegy says the longest risk-management
> contracts
> for which it uses mark-to-market accounting are 10 years, though it doesn't
> disclose an average length. Dynegy's chief financial officer, Robert Doty,
> says
> 96% of the company's gas contracts close out by 2002, while 75% of its
> power
> contracts expire by 2003. "The cash will come in," he says.
>
>   As for why the company doesn't disclose the extent of any bias, bullish
> or
> bearish, it has in the market, Dynegy executives say that information, like
> the
> estimates behind its mathematical models, is proprietary. Such disclosures
> may
> be outdated anyway by the time they could be included in public financial
> filings, says Michael Mott, a Dynegy vice president. Mr. Mott further
> explains
> that Dynegy could be realizing more cash earnings now if it wanted to. But
> "we
> don't see that would be in the best interests of shareholders," Mr. Mott
> says,
> because the company figures it can earn more later by leaving much of its
> gains
> unrealized for now.
>
>   Mr. Linsmeier of Michigan State compares the current situation for energy
> traders with the accounting controversies that engulfed subprime automobile
> and
> residential lenders during the late 1990s, though he emphasizes it's too
> far
> early to tell whether the consequences will be similar. Using so-called
> gain-on-sale accounting (a form of mark-to-market accounting), those
> lenders
> booked earnings from loans as soon as they were made, rather than having to
> wait
> for them to be paid off, as banks typically do.
>
>   But as interest rates fell in 1998, many customers paid off their loans
> earlier than expected, slashing lenders' profit margins. Compounding
> matters,
> the market for mortgage-backed securities dried up in the wake of financial
> chaos in Russia and other foreign markets, leaving lenders to bear the
> higher
> risks of many new loans.
>
>   Many investors complained they were blindsided, in part because these
> lenders
> generally hadn't disclosed their assumptions about prepayment rates and
> other
> variables. After the crash, subprime lenders routinely began disclosing the
> key
> assumptions used to value their mortgage portfolios.
>
>   At New York University, accounting professor Baruch Lev says investors
> would
> be better served if energy traders' financial filings explained the effects
> of
> hypothetical commodity-price movements on the values of their
> risk-management
> assets, and disclosed the basic assumptions about future commodity-price
> movements ingrained in their mathematical models. Says Mr. Lev, "I would
> like to
> see much more disclosure, particularly given that this is now becoming a
> significant component of their earnings."
>
>
> - - - - - - - - - - - -  Document Released on 2000-09-20 02:20:08.0 EST - -
>                             - - - - - - - - - -
>
>


I'm about to set up 11 contracts on Trco for May.  There is no rush on
setting these contracts up for Unify.


Attached is the preliminary notification report for September.   Changes will
be made to the Global Counterparty System as follows:

Name Changes - Overlays not previously done will be made on Tuesday,
September 19.

ERMS Shortname changes will be made on September 20.

Mergers/other business changes - Records will be inactivated on 10/01.


Scott,

Please take me off the global e-mail list...

Thanks,

Fletch @ enron


I just changed the rate on Tenn/transport uage deal 235293 from $.11 to
$.0116.  We should get back 85,155 x $.0984==$8,300 tonight.
---------------------- Forwarded by Chris Germany/HOU/ECT on 07/17/2000 12:41
PM ---------------------------

Chris Germany
07/17/2000 09:39 AM
To: Alicia Perkins/HOU/ECT@ECT
cc: Dick Jenkins/HOU/ECT@ECT
Subject: Transport Usage

I just changed the rate on Algon/transport usage deal 233358 from $.26 to
$.0206.  We should get back 155,000 x $.2394 == $37,000 tonight.


We are still under the scheduled outage period and will bring the next unit
down @ midnight Saturday 03/24/01.
The following is our estimated burn until then. Thanks

 <<CALPINE DAILY GAS NOMINATION 1.doc>>

RICKY A. ARCHER
Fuel Supply
700 Louisiana, Suite 2700
Houston, Texas 77002
713-830-8659 direct
713-830-8722 fax

 - CALPINE DAILY GAS NOMINATION 1.doc


Start Date: 1/26/02; HourAhead hour: 21;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002012621.txt


---------------------- Forwarded by Phillip M Love/HOU/ECT on 11/01/2000
08:28 AM ---------------------------

Shane.Dobbs@fctg.com on 11/01/2000 07:51:57 AM
To: wwilson@eng.auburn.edu, Tharpbl@eng.auburn.edu, dobbsmw@auburn.edu,
chancewood@earthlink.net, domino@sonet.net, jmjaked@mindspring.com,
jwood@regionsbank.com, poe77@earthlink.net, gwave85@hotmail.com,
dobbswn@auburn.edu, phillip.m.love@enron.com, hamptone@booksamillion.com,
stephaniepool@huntersystems.com
cc:
Subject: FW: Coke facts

?
-----Original Message-----
From: Rob Stanbridge  [mailto:rob@timberworld.com]
Sent: Wednesday, November 01, 2000 7:49  AM
To: Dobbs_Shane
Cc: Hafley_Robert
Subject: FW:  Coke facts

?
?

Just when you thought you knew everything (no, it's not an anti cola add
;-)...

1.In many states the highway patrol carries two gallons of Coke in the truck
to remove blood from the highway after a car accident.
2.You can put a  T-bone steak in a bowl of coke and it will be gone in two
days.
3.To clean a  toilet: Pour a can of Coca-Cola into the toilet bowl....... Let
the "real thing"  sit for one hour, then flush clean.
4.The citric acid in Coke removes stains  from vitreous china.
5.To remove rust spots from chrome car bumpers: Rub the  bumper with a
crumpled-up piece of Reynolds Wrap aluminum foil dipped in  Coca-Cola.
6.To clean corrosion from car battery terminals: Pour a can of  Coca-Cola
over the terminals to bubble away the corrosion.
7.To loosen a  rusted bolt: Applying a cloth soaked in Coca-Cola to the
rusted bolt for several  minutes.
8.To bake a moist ham: Empty a can of Coca-Cola into the baking  pan;rap the
ham in aluminum foil, and bake. Thirty minutes before the ham is  finished,
remove the foil, allowing the drippings to mix with the Coke for a  sumptuous
brown gravy.
9.To remove grease from clothes: Empty a can of coke  into a load of greasy
clothes, add detergent, And run through a regular cycle.  The Coca-Cola will
help loosen grease stains. It will also clean road haze  fromyour
windshield.

FYI: 1.The active ingredient in Coke is phosphoric acid. It's pH is 2.8. It
will dissolve a nail in about 4 days.
2.To carry Coca Cola syrup (the  concentrate) the commercial truck must use
the Hazardous material place cards  reserved for Highly Corrosive materials.
3.The distributors of coke have  been using it to clean the engines of their
trucks for about 20 years! Drink up!  No joke. Think what coke and other soft
drinks do to your teeth on a daily  basis. A tooth will dissolve in a cup of
coke in 24-48 hours.


Per gas control, Shell has requested that we lower meter 1581 by 5M and
increase 1095 by 5M; net effect is zero.  Please let me know if the deal
needs to be adjusted to reflect the change.

Mary


Hey Don, I'm still working on this.  I should have an idea by this Wed.


Tom, Go ahead and make these changes in Sitara.

Thanks.
D

Tom Acton@ENRON
02/29/2000 04:55 PM
To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: WELL HEADS

Daran,  We have a few volume changes for the 1st of March,  first EOG has
changed there volume for the gas at meter 6296 from 11,036 to 7100.  I  ran
into Laurie Allen in the hall and she said we were heavy there and  that she
would visit with you abut it.   The second one is Cokinos, they  will not
confirm the volume at meter 9656.  We have 922 and they want that they want
950.  I looked up there nom and that is what they asked for.  Not much of a
change.  Last is the one that you faxed down to me this mornings.  Basin
Exploration wants to drop there nom due to well problems from 896 to 1.  for
the whole month.  Let me know what you think and I'LL get after it.  Tom Cat
!!!


9 am 		Introduction
9:15 am		Infrastructure 						Rub
9:45am		IT - Development & Ops				Webb
10:15 am 		Mid Office Start-up Overview				Hall
10:45		Credit Start-up Overview				Brackett
11:15 noon		Accounting, cash etc Integration Overview		Colwell/Georges/Meyers

11am 		Tour of the building/infrastructure			Donovan

Happy Holidays

 -----Original Message-----
From: 	"Feeney, Shawn K [FI]" <shawn.k.feeney@ssmb.com>@ENRON
Sent:	Friday, December 21, 2001 2:58 PM
To:	Kitchen, Louise
Subject:	Citigroup Visit

We're all set for Thursday 12/27 at 9am at your offices.  Have a Merry
Christmas.


Kathy, I believe this model is now fixed.  Let me know if there are any other
troubles


I saw you called on the cell this a.m.  Sorry I missed you.  (I was in the
shower).  I have had a shitty week--I suspect my silence (not only to you,
but others) after our phone call is a result of the week.  I'm seeing Glen at
11:15....talk to you


Start Date: 12/26/01; HourAhead hour: 7;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2001122607.txt


Tana,

Please put in place a confidentiality agreement with Brentbroker prior to me
replying to his email.

Thanks

Louise

	Enron Capital & Trade Resources Corp.

	From:  "Pete Groetzinger" <pgroetzinger@brentbroker.com>
     12/07/2000 14:21

To: <louise.kitchen@enron.com>
cc:

Subject: ENRON TO CONNECT Enron Online TO TRUE QUOTE

Louise -

I invite you to partner with BrentBroker.com to allow the dissemination of
EOL crude & refined product quotes onto our platform. At the moment, it
looks as if we are supporting markets that won't compete directly with those
announced for True Quote. We are going live within the next week or so and
are narrowly focused on the crude physical, crude derivative and refined
product derivative markets (we have received our CFTC no-action relief). You
may have heard, we are also commission free. Your participation in
BrentBroker would be welcomed.

Regards,

Peter V. Groetzinger, COO
BrentBroker.com
One Riverway, Suite 2500
Houston, Texas 77056
USA
713.888.0500
www.brentbroker.com


LV Cogen (LVC) is a 50 MW PURPA Qualifying Facility (QF) located in North Las
Vegas that has a long term QF power sale agreement with Nevada Power Company
(NPC). LVC,s sale to Nevada is 45 MW HE 11-22 May-Sept and changes to HE 6-10
and 17-22 October through April. EPMI has agreed to market the excess output
during the QF sale hours (4-5 MW) as well as the output during hours when
there is no QF sale (49-50 MW).

EPMI will generally purchase transmission from NPC from the plant to Mead and
sell the power to the Px or ISO at Mead (LC1). There are occasions where Mead
congestion has resulted in EPMI purchasing additional wheels from Mead to
Palo Verde (from APS) to get the power into the CAISO.

Peak hour production is 50Mw.

Total daily output 1200 Mw. (50X24hrs)

Let me know if there  are additional questions.

Les


----- Forwarded by Tana Jones/HOU/ECT on 03/21/2001 05:18 PM -----

	Walter Guidroz/ENRON@enronXgate
	03/21/2001 05:15 PM

		 To: Karen Lambert/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Samuel
Schott/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Brant Reves/ENRON@enronXgate,
Debbie R Brackett/HOU/ECT@ECT, David Hardy/LON/ECT@ECT, Lesli
Campbell/ENRON@enronXgate, Cynthia Clark/ENRON@enronXgate, Enron Europe
Global Contracts and Facilities@ENRON, Enron Europe Global
CounterParty/LON/ECT@ECT, Stephanie Sever/HOU/ECT@ECT, Tom
Moran/ENRON@enronXgate, Claudia Clark/HOU/ECT@ECT, William S
Bradford/ENRON@enronXgate, Lisa Lees/HOU/ECT@ECT, Juana
Fayett/Corp/Enron@Enron, Jana Morse/Corp/Enron@Enron, Trang Le/HOU/ECT@ECT,
Paul Maley/LON/ECT@ECT, Sonya Clarke/LON/ECT@ECT, Tim Davies/LON/ECT@ECT,
Karen O'Day/NA/Enron@Enron, Tanya Rohauer/ENRON@enronXgate, Kelly
Lombardi/NA/Enron@Enron, Brian Lindsay/Enron Communications@Enron
Communications, EOL Call Center@ENRON, Bernice Rodriguez/HOU/ECT@ECT, Bill D
Hare/HOU/ECT@ect, Amy Heffernan/Enron Communications@Enron Communications,
Molly LaFuze/Enron Communications@Enron Communications, Danny Clark/Enron
Communications@Enron Communications
		 cc:
		 Subject: EOL approvals, 03-21-01

Please see attached.


Start Date: 4/21/01; HourAhead hour: 5;  No ancillary schedules awarded.
Variances detected.
Variances detected in SC Trades schedule.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042105.txt

---- Generation Schedule ----
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/21/01
  UNIT_ID: HARBGN_7_UNITS

---- Energy Import/Export Schedule ----
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/21/01
  TIE_POINT: SLVRPK_7_SPP
  INTERCHG_ID: EPMI_CISO_ERNIE
  ENGY_TYPE: WHEEL

---- SC Trades Schedule ----
$$$ Variance found in table tblInt_Interchange.
     Details: (Hour: 5 / Preferred: -700.00 / Final: -699.97)
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/21/01
  TRADING_SC: WESC
  PNT_OF_INTRC: SP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 1
  DEAL_NO: 1

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 5 / Preferred:   0.42 / Final:   0.39)
  TRANS_TYPE: FINAL
  LOAD_ID: PGE1
  MKT_TYPE: 2
  TRANS_DATE: 4/21/01
  SC_ID: EPMI


Dear Ken,

My prayers are with you.
There is light at the end of this dark tunnel.
You created a powerful and forward thinking and acting company,
andyou have forever changed the way in which business in our industry will take place.

Keep the faith.

John


FYI - see below.

Belden is the King!
---------------------- Forwarded by John J Lavorato/Corp/Enron on 09/07/2000
07:26 AM ---------------------------

	From:  Tim Belden @ ECT                           09/06/2000 09:32 PM

To: John J Lavorato/Corp/Enron, Derek Davies/CAL/ECT@ECT, Rob
Milnthorp/CAL/ECT@ECT, John Zufferli/HOU/ECT@ECT
cc:

Subject: Initial Thoughts On Alberta

As a result of meetings in Calgary last week, I have come up with the
following capabilities that we need to develop in Calgary to effectively
trade, schedule, and settle in that market.  I envision a series of
transition teams, organized by function, that are responsible for
transferring systems, knowledge, and people from the east and west power
desks up to the Calgary office.  These are my initial thoughts.  Things will
obviously change as we learn more about the market rules and when we get the
head of the desk in place.

Trading
Transition team - Tim Belden, Mike Swerzbin, Bill Greenizen
Hire head trader.  John L. and Tim are currently working with John Zufferli
to guage interest and come to terms on relocation.  John Z. is planning a
trip to Portland and Calgary as soon as he is able to fly.  Hopefully the
week of September 16th.
Get EOL products defined and posted.  Greenizen hopes to get this done by
September 16th.
Develop curves.  Currently using implied PPA bid curves.
Develop position reports.
Give offers to origination team.  Tim/Mike/Bill will provide prices to
origination until head trader has been hired.

Risk
Transition team - Monica Lande and Kathy ??
Kathy traveled to Portland on 9/5 and 9/6 to learn about our risk process and
book deals.
Book positions.  In process of entering five deals.  One for each unit, line
losses for each unit, and payment for the PPA.  Will run mini book to ensure
that close to zero value is created when all deals are booked and run against
our curves.  Should have this done by September 8th.
Drop curves.
Create position reports.

Scheduling
Transition team - Jeff Richter, Bill Greenizen, Peggy H.
Learn and define scheduling requirements in Alberta.
Learn about California scheduling systems.
Assess applicability of California scheduling systems to Alberta market.
Hire a scheduler.

Real Time
Transition team - John Forney
Assess whether we need to run real time group in Calgary.  We may be able to
start with someone on days and have nights and weekends covered from
Portland.  Legal issues with Portland providing service to Calgary.
Assuming we want a real time person in Calgary ... hire a RT trader/analyst.
We may be able to draw from Portland's real time desk for this.

Fundamentals
Transition team - Tim Heizenrader and Stephan ??, and Chris Wiebe
We can use the Portland fundamentals team to do much of the work before
January.  We have the systems and most likely the staff to come up with the
first generation of Alberta fundamentals.
Train a person who will eventually be located in Calgary on West Power
Fundamentals -- systems and processes.  Stephan or Chris W. may fit this
bill.  Must get buy in from Heizenrader and head trader.
We have a person in Houston, Sanjeev Khanna, who used to work for Enmax and
now works for structuring in Houston.  He is not interested in relocating to
Calgary, but would like to help us learn about the market.
Should consider trying to hire industry expertise from local utility.  Derek
will work on this.  Sanjeev may have some ideas here.
Establish better network connections between Portland and Calgary.  Dan
Dietrich.

Volume Management
Transition team - Murray O'Neil, Peggy H., Laura Scott
Learn market rules for settlements.  Get 1 person from Derek's group to try
to spell out the settlements formulas on both the pool side and the contract
side.
Compare Alberta Power Pool settlements procedures to California settlements
and determine whether Volume Management system will do the job.
Come up with a manual backup plan until VM system will work.
Hire someone to do volume management in Calgary.  We are currently assessing
whether anyone from Portland could do this job.

I will be out of the office until September 16th.  We have already made plans
for Bill G, Kathy, Peggy, and Laura to come to Portland to check out our
systems and processes.  Shortly after I return we should be able to nail down
the head trader position.  Tim Heizenrader will call Sanjeev to see if there
is a role for him to play in our Fundamental Analysis effort.  It may be
worth waiting until the head trader is in place to do this.

I'm off to Montana for a week.  Debra Davidson will be able to get in touch
with me.  She can be reached at 503-464-3820.

Regards,
Tim


Mr. Whalley:

Greetings.

Further to my discussions with your colleague Vince Kaminski, I write you
at this time in my capacity as Director of the Center for Energy Finance
Education and Research (CEFER) at the McCombs School of Business,
University of Texas at Austin.

Following the first University of Texas Energy Finance Conference in Feb.
2001, my colleagues and I are planning a second annual
practitioner-industry Conference in the Spring 2002, scheduled for 2/21 -
2/22/02, planning for which is on-going with your Enron colleagues.  The
Conference will kick off with a dinner and keynote address Thur. evening,
then continue all day Fri.

I write to extend an invitation for you to be the keynote speaker at the
Thur. evening dinner, or the Fri. lunch if your schedule precludes a Thur.
evening presentation.

Although the format for the 2002 conference may differ from that used in
Feb. 2001, for completeness I enclose herewith a copy of the 2001
Conference Program.

You may recall meeting my UT Finance Dept. colleagues and I during our
day-long visit to Enron two years ago on Aug. 27, 1999.  I look forward to
seeing you again, this time on the UT campus.  With Best Regards,
Ehud Ronn
 - 2001 Conference schedule1.doc
==============================================
   Ehud I. Ronn
   Professor of Finance and Jack S. Josey Professor in Energy Studies
   Director, Center for Energy Finance Education and Research
   McCombs School of Business
   University of Texas at Austin
   Austin, TX. 78712-1179
   Voice:  (512) 471-5853
   FAX:  (512) 471-5073
   Internet:  eronn@mail.utexas.edu
==============================================


Expense Management System (XMS) version 6.01 is now available to current
users.  You can access the system from the Enron Home Page by typing in the
address field http://xms.enron.com.

The new system features coding validation at the line item level and supports
inter-company transactions . The foreign currency activity window is now more
user-friendly.

LOGON ID:
Each night HR information is loaded automatically into XMS.  However, that
process is not yet finalized.  An incomplete load can result in some people
having their old ID (first initial and last name in lower case) and some
having their eHRonline ID (begins with the letter &P8).  If your old logon
does not work, try your &P8 logon.

PASSWORD
 The password for all is upper case ENRON.  The system will guide you through
confirming your information and changing your password.  The Enron Code of
Ethics prohibits the sharing of passwords and logging on as another person.
Please observe Enron,s policy.

ACCESS
If you need access to the system, go to the IT Central Web Page and select
Services>Access
If you forget your password, call the Resolution Center at 713-853-1411.

TRAINING
Go to the IT Central web page from Enron Home Page )select
Services>Training>Enrollment>XMS.
If no classes are listed, call the training department and place your request
713-853-1816.

DOCUMENTATION
Step by Step documentation is also available from IT Central web page*select
Services>Training>Documentation>XMS.

APPLICATION SUPPORT SERVICES
Accounts Payable no longer provides an application help desk.  Do not call
A/P on questions about how to use the system or with issues regarding
electronic pre-populated data.  Call the ISC help desk at 713-345-4SAP.


We have been getting questions about the ability of potential customers to
sell power onto the grid to EPMI.  Below is a brief outline of the FERC
licenses required.  Customers other than those listed below (including non-QF
industrial on site generators) need a power marketer license from FERC.  In
most cases, such customers do not need to file for EWG status (unless their
primary business is as a utility, like Enron).

In addition, both EPMI and EES filed at FERC for authorization to perform
certain power marketer license functions on behalf of industrial on-site
generation customers.  We expect the authorization within a month.  I'll let
you know when we receive it and what we can do for customers.

---------------------- Forwarded by Christi L Nicolay/HOU/ECT on 04/18/2001
05:22 PM ---------------------------

"Andrea Settanni" <asettanni@bracepatt.com> on 04/18/2001 05:17:11 PM
To: <christi.l.nicolay@enron.com>
cc: "Dan Watkiss" <dwatkiss@bracepatt.com>

Subject: Entities that do not need power marketing authorization

Christi-

This email briefly responds to your question whether state agencies or
municipalities and qualifying facilities ("QFs") must obtain power marketing
authorization.  The answer is no.

With regard to state agencies or municipalities, section 201(f) of the
Federal Power Act ("FPA") states that no provision of Part II of the FPA,
which governs the regulation of electric utility companies engaged in
interstate commerce, "shall apply to, or be deemed to include, the United
States, a State or any political subdivision of a state, or any agency,
authority, or instrumentality of any one or more of the foregoing, or any
corporation which is wholly owned, directly or indirectly, by any one or more
of the foregoing, or any officer, agent, employee of any of the foregoing
acting as such in the course of his official duty, unless such provision
makes specific reference thereto."

Section 205 of the FPA, which would would otherwise require an entity to have
rates for wholesale sales of power on file with FERC, does not apply to state
agencies and municipalities.

With regard to whether QFs need power marketing authorization, most QFs are
exempt (some small power production facilities are not exempt) from most
provisions of the FPA, including section 205, which requires public utilities
making sales of electric energy for resale in interstate commerce to file
rate schedules with FERC.  QFs are instead regulated under PURPA, which
authorizes utilities to purchase power from QFs at the purchaser's avoided
cost.  FERC decisional precedent indicates that a QF can lawfully sell at
market-based rates without seeking market-based rate authorization from FERC,
but that it may nevertheless be prudent for a QF to seek FERC acceptance of a
market-based rate schedule that would provide protection in the event QF
status is lost.

Let me know if you need anything else.

Andrea M. Settanni
Bracewell & Patterson, L.L.P.
2000 K Street, N.W.
Suite 500
Washington, D.C.  20006-1872
(202) 828-7631 (phone)
(202) 857-2128 (fax)
asettanni@bracepatt.com


Anything you want me to do?

	Christi L Nicolay@ECT
	11/28/2000 09:23 AM

		 To: Maureen McVicker/NA/Enron@Enron, Kevin M Presto/HOU/ECT@ECT, Lloyd
Will/HOU/ECT@ECT, James D Steffes/NA/Enron@Enron, Richard
Shapiro/NA/Enron@Enron, David W Delainey/HOU/ECT@ECT, John J
Lavorato/Corp/Enron@Enron, Steven J Kean/NA/Enron@Enron, Shelley
Corman/ET&S/Enron@ENRON, Joe Hartsoe/Corp/Enron@ENRON, Sarah
Novosel/Corp/Enron@ENRON, Joe Hartsoe/Corp/Enron@ENRON, Carrie A
Robert/NA/Enron@Enron
		 cc:
		 Subject: FERC at Enron -- Dec. 7

The following illustrious FERC group will be with us on 31 the morning of
Dec. 7.  They have asked to have a demonstration in detail of EPMI's systems
that track OASIS and market information.  Many of them have not seen EOL, so
we need to show them that as well.

The fact that this group is made up of so many FERC office directors means
that this visit comes at the request of the Chairman Hoecker.  They will be
visiting Dynegy and El Paso later that day.

They are definitely interested in a good presentation from Enron, as we have
given them in the past -- primarily because they met so many senior Enron
executives.  It would be great if Dave Delainey or John Lavorato could also
come by to meet them.

Thanks.
---------------------- Forwarded by Christi L Nicolay/HOU/ECT on 11/28/2000
07:40 AM ---------------------------

----- Forwarded by Donna Fulton/Corp/Enron on 11/28/2000 09:51 AM -----

	"SCOTT MILLER" <scott.miller@ferc.fed.us>
	11/27/2000 04:50 PM

		 To: <dfulton@enron.com>
		 cc:
		 Subject: FERC at Enron

Donna:? The following FERC Staff will be attending the meeting we  requested
at Enron HQ on December 7 at 8:00 am - 11:30 am:? Daniel Larcamp (head of
Office of Market Tariff and Rates and Scott Miller's boss), Michael  Herlihy
(Head of Finance, Accounting and Operations), Fernanda Young (Chief
Information Officer for FERC), Charles Whitmore (head of Strategy and
Organizational Management), George Godding (works for Dan Larcamp--Manager of
Information Technology), Scott Miller (Director, Energy Market and Director
of the Staff Investigations issued last month), Thomas  Brownfield (works for
Scott Miller), and Karen Robinson (in Strategy and Organizational Management).
?
Please contact me should you have any other  questions.
?
Thanks,
Scott Miller
Director, Energy Markets


That would classify as more talent than multi-tasking!  Gee....by reason of deduction rather than telepathy, your vm must have asked if I was on the phone.....

Stacey Bolton
Environmental Strategies
Enron Corp
713-853-9916 direct
713-303-2632 cell
sbolton@enron.com <mailto:sbolton@enron.com>

-----Original Message-----
From: Ring, Richard
Sent: Tuesday, September 18, 2001 3:42 PM
To: Bolton, Stacey
Subject: RE: i'm on a conference call.....

Yes I did and I left you a voice mail message.  I thought that your response was a direct answer to the voice mail message.

-----Original Message-----
From: Bolton, Stacey
Sent: Tuesday, September 18, 2001 3:41 PM
To: Ring, Richard
Subject: RE: i'm on a conference call.....

didn't you call me?

Stacey Bolton
Environmental Strategies
Enron Corp
713-853-9916 direct
713-303-2632 cell
sbolton@enron.com <mailto:sbolton@enron.com>

-----Original Message-----
From: Ring, Richard
Sent: Tuesday, September 18, 2001 3:34 PM
To: Bolton, Stacey
Subject: RE: i'm on a conference call.....

Very good!

-----Original Message-----
From: Bolton, Stacey
Sent: Tuesday, September 18, 2001 3:27 PM
To: Ring, Richard
Subject: i'm on a conference call.....

I can communicate in this form though....I'm multi-tasking.
Stacey Bolton
Environmental Strategies
Enron Corp
713-853-9916 direct
713-303-2632 cell
sbolton@enron.com <mailto:sbolton@enron.com>


Do you do expense reports and have not taken the training?

Expense Management System (XMS) - Cost: $135
         June 4th  8:30am-11:30am EB564
June 19th 1:00pm-4:00pm    EB564

The Expense Management System (XMS) is a tool used to electronically submit
your expense report for approval and payment through the Enron Intranet. It
is user friendly, accurate and less labor intensive for you and the
accounting staff.  This system will help you report your travel and
entertainment expenses.

You will learn how to:
E Create New Expense Reports
E Enter Cash Expense Receipts
E Adding Company Card Entries
E Enter Personal Car Mileage
E Foreign Currency Translation
E Reimbursement Method
E Designating your Approving Manager
E Designating your Administrative Assistant
E Submitting Your Expense Report
E Reviewing your Expense Report
E And Much More...

Please login and enroll through the InvestInMe website,
http://www.corptraining.com/index.cfm?company=enron.  If you have any
questions, please call 713 853-1816.