Attached is the Legal Risk Memo in connection with the CEG/CEG-Rio Purchase &
Sale Agreement with Petrobras.

Randy


---------------------- Forwarded by Darron C Giron/HOU/ECT on 11/28/2000
12:17 PM ---------------------------

"Jim Miller" <jraggie1@pdq.net> on 11/28/2000 10:22:06 AM
To: "Wayne Duncan" <Wayneduncan@hotmail.com>, "Tom Svec"
<tsvec@generalwelding.com>, "Steve Schmidt" <sschmidt@urjet.net>, "Rick
Crabtree" <Rick.Crabtree@COMPAQ.com>, "Reid Harmon" <reid@gsihighway.com>,
"Randy T. Rogers" <rrogers@wbctx.com>, "Pete Miller (AOL)"
<millerpw@aol.com>, "Pete Miller" <pmiller@fciconnect.com>, "Paul Terry"
<Paul.Terry@COMPAQ.com>, "Paul Heidaker" <psheidaker@aol.com>, "Pat Duncan"
<wpduncanjr@aol.com>, "Mike. W. Sowden" <Mike.W.Sowden@supervalu.com>, "Mike
Vineyard" <qcgi@qualitec.com>, "Michael Murr" <Michael.Murr@COMPAQ.com>,
"Mcintyre" <mcintyre@tca.net>, "Julie Paxton" <JuKaPa129@aol.com>, "John
Terry" <Tangler@usa.com>, "Jimmy Martin" <Jimmy.Martin@COMPAQ.com>, "Jim
Lawler" <wb365@email.msn.com>, "Janey Sowden" <janebarb@aol.com>, "Gene
Stpierre" <Gene.Stpierre@COMPAQ.com>, "Fred Valente" <fvalente@micro.ti.com>,
"DAVID COOK" <DAVID.COOK@cfisd.net>, "DARRON GIRON" <dgiron@ect.enron.com>,
"Danny A Dequeant" <Danny.Dequeant@cmcsg.com>, "CORINA DOMINGUEZ"
<cdominguez@wbctx.com>, "Chris Strong" <cstrong@strongpointe.net>, "Cheryl
Sparkman" <cheryl@keystoneexec.com>, "Carla Preston"
<cdspreston@earthlink.net>, "Bob Lanham" <blanham@wbctx.com>, "AKoebig"
<AKoebig@aol.com>, "A. J. Sowden" <ASowden@aol.com>
cc:
Subject:

 - Democratic Seal.jpg


Hi Robin,

Here are the seperate txt files.

I'll call you.
Brian.


A shocking backlash: Power deregulation under attack: Inspired by Britain's
success, California led the United States into the brave new world of
liberalised electricity markets. What went wrong?


Summary:  TDC Energy Corporation is requesting payment of $203,196.00 from ENA for post-petition gas that flowed in the month of December 2001 (sitara deal #1143983).  TDC stated that it would "file a claim for administrative expenses in the bankruptcy court in New York and seek all other necessary relief against ENA" if ENA did not remit payment by the close of business Feb 22, 2002.  Based on the information in this email it appears that ENA should pay TDC $203,196.00.

Kay, Ed, Question:  I have not contacted TDC to determine if they have filed a claim with the court.  Would that have any impact on making a payment to TDC?  Should I contact TDC?

Calculation of Post-Petition Payment using Dec 3 as Post-Petition day
Gas scheduled Dec 3-24, 26-31 = 28 days, volume = 3,000 dth per day
28 x 3,000 x $2.419 = $203,196.00

 -----Original Message-----
From: 	Olinger, Kimberly S.
Sent:	Thursday, February 28, 2002 4:35 PM
To:	Germany, Chris
Subject:	RE: Letter re Unpaid Invoice for Post petition Deliveries

we took 3000 a day everyday except the 25th

 -----Original Message-----
From: 	Germany, Chris
Sent:	Thursday, February 28, 2002 4:26 PM
To:	Olinger, Kimberly S.
Subject:	FW: Letter re Unpaid Invoice for Post petition Deliveries

I need your expertise.  If ENA nominated this gas, and I think we did based on what I see in Unify, then we are supposed to pay for it.  So I just need to verify with you  we TOOK this gas by nominating it.

Deal 1143983 on Natural Gas Pipeline Company.

thanks

 -----Original Message-----
From: 	Ellenberger, Mary
Sent:	Monday, February 25, 2002 4:01 PM
To:	Germany, Chris
Subject:	RE: Letter re Unpaid Invoice for Post petition Deliveries

	Sitara# 1143983

 -----Original Message-----
From: 	Germany, Chris
Sent:	Monday, February 25, 2002 1:21 PM
To:	Ellenberger, Mary
Subject:	FW: Letter re Unpaid Invoice for Post petition Deliveries

Do you have a deal number for this gas?

 -----Original Message-----
From: 	Dicarlo, Louis
Sent:	Monday, February 25, 2002 11:30 AM
To:	Germany, Chris
Subject:	FW: Letter re Unpaid Invoice for Post petition Deliveries

 -----Original Message-----
From: 	Dicarlo, Louis
Sent:	Friday, February 22, 2002 10:30 AM
To:	Mann, Kay
Subject:	RE: Letter re Unpaid Invoice for Post petition Deliveries

I contacted Mary Ellenberger.  She indicated we did receive the gas but have not paid.  I suggested that she contact you via email.

 -----Original Message-----
From: 	Mann, Kay
Sent:	Friday, February 22, 2002 9:50 AM
To:	Dicarlo, Louis
Cc:	McMichael Jr., Ed; Boyt, Eric
Subject:	RE: Letter re Unpaid Invoice for Post petition Deliveries

Have we determined if the facts in the letter are correct?  I've confirmed that if the facts are true, the payment needs to be made.

Kay
 -----Original Message-----
From: 	Mann, Kay
Sent:	Wednesday, February 20, 2002 5:19 PM
To:	Dicarlo, Louis
Cc:	McMichael Jr., Ed; Boyt, Eric
Subject:	RE: Letter re Unpaid Invoice for Post petition Deliveries

All I need to know is if ENA received the gas as stated, and if there are any extenuating circumstances which would keep us from paying.  Otherwise I believe we need to make payments in accordance with the terms of the deal.  I'll confirm.

Kay

 -----Original Message-----
From: 	Dicarlo, Louis
Sent:	Wednesday, February 20, 2002 5:14 PM
To:	Panus, Stephanie; Mann, Kay
Cc:	McMichael Jr., Ed; Boyt, Eric
Subject:	FW: Letter re Unpaid Invoice for Post petition Deliveries

Attached is a demand letter w/ short time fuse.  Counterparty wants payment for post-petition gas delivered to Enron.  Please advise if you need commercial involvement.  Thanks

 -----Original Message-----
From: 	Louis Schott <Louis@tdcenergy.com>@ENRON
Sent:	Wednesday, February 20, 2002 4:07 PM
To:	Dicarlo, Louis
Subject:	Letter re Unpaid Invoice for Post petition Deliveries

 - February 19 2002letter to enron north america.DOC << File: February 19 2002letter to enron north america.DOC >>


Please have your consultant contact Rick Kile to schedule/coordinate the sampling at Mount Jesus.  Rick's cell phone number is (620) 562-7694 or if he is out of range a message can be left on his office phone at (620) 792-3991 x32.

Thanks

Charlie


pls let me know if this looks ok to you.  thanks df
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 07/17/2000
01:30 PM ---------------------------

Christine Stokes
07/17/2000 10:28 AM
To: Steven Harris/ET&S/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON, Mary Kay
Miller/ET&S/Enron@ENRON, Glen Hass/ET&S/Enron@ENRON, Mary
Darveaux/ET&S/Enron@ENRON, Bill Cordes/ET&S/Enron@ENRON
cc: Kevin Hyatt/ET&S/Enron@Enron

Subject: Transwestern IOS Approval Request

TRANSWESTERN PIPELINE COMPANY
INTERACTIVE OPEN SEASON
APPROVAL REQUEST

Please review the attached file for the announcement of Transwestern's
Interactive Open Season (IOS) to be held Friday, July 21, 2000.  The
following summarizes the bidding rules and capacity definition for the two
bid packages of East of Thoreau (EOT) to California capacity:

 Package 1:
 Volume: 20,000 Dth/d
 Term:  3 months (August - October, 2000)
 Path:  East of Thoreau to California.  Maximum available delivery capacity
   of 12,000 Dth/d at Needles, Ca.  Remaining may be chosen between
   PG&E and Mojave.

Package 2:
 Volume: 49,000 Dth/d
 Term:  12 Months (November 1, 2000 - Oct. 31, 2001)
 Path:  East of Thoreau to California.  Maximum available delivery capacity
   of 35,000 Dth/d at Needles, Cal.  Remaining may be chosen between
   PG&E and Mojave.

Bidders may bid on either a 1-part or a 2-part rate structure for the entire
capacity amount posted.   No partial volume bids are accepted.  Bid packages
are considered mutually exclusive.     No minimum bid rate is posted
therefore Transwestern is not obligated to accept any bids if the bids are
valued as unacceptable.  Transwestern shall award capacity based upon Highest
Rate criteria.

If any questions arise please contact Christine Stokes at x35702.

Please indicated approval via REPLY WITH HISTORY.


Jeff:

It was an honor to represent EBS in the Dell meeting this morning.  I learned
quite a bit about where Dell is on our initiatives and appreciate the platform
you provided to advance our causes.  Thank you again for having me in the
meeting.

Sincerely,

Marc Graubart
Director
Wholesale Origination
Enron Broadband Services
(713) 853-3019  office
(713) 515-9468 cellular
marc_graubart@enron.net


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/24/2001
05:32 PM ---------------------------

Celeste Roberts
04/24/2001 04:30 PM
To: gappy@stanford.edu
cc: Vince J Kaminski/HOU/ECT@ECT
Subject: Re: From a previous summer intern

Dear Giuseppe:

Unfortunately, I am no longer with the Associate and Analyst recruiting
department and will be unable to assist you directly.  Please contact Tracy
Warner, who is now responsible for recruiting.  She will be able to assist
you directly.  Tracy can be contacted at Tracy.Warner@Enron.com.  I would
also recommend having Vince Kaminski contact her as well to ensure that all
communications are in order.

Best regards,
Celeste Roberts

Giuseppe Andrea Paleologo <gappy@stanford.edu>@Stanford.EDU on 04/20/2001
01:53:39 PM
Please respond to gappy@stanford.edu
Sent by: gappy@Stanford.EDU
To: Celeste Roberts <Celeste.Roberts@enron.com>
cc:
Subject: From a previous summer intern

Celeste, my name is Giuseppe A. Paleologo and you amy remember me: I was
a summer intern last summer in the research group, and attended the
hiring event this year at Stanford. In that occasion I had an informal
offer from Vince Kaminski, and the assurance that I would receive a
written one in the following two weeks, but since then I have not
received any letter from Enron. I would like to know if the offer is
still valid, and if it has been sent. I am asking because I am in the
process of evaluating my offers, and would like to wait for Enron before
I make my final decision.

Thanks in advance,

Giuseppe Paleologo

--
Giuseppe A. Paleologo
email: gappy@stanford.edu
office phone: (650) 725-0541


Lynda Phinney
The Joy of the Lord is my strength...
713-215-3520
lynda.l.phinney@williams.com


Sorry about that.  I don't think that I'm in on the 1 pm conference call.

Best,
Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 12/20/2000 01:30 PM -----

	Jeff Dasovich
	Sent by: Jeff Dasovich
	12/19/2000 12:09 PM

		 To: skean@enron.com, Richard Shapiro/NA/Enron@Enron, James D
Steffes/NA/Enron@Enron, Wanda Curry/HOU/EES@EES, Dennis
Benevides/HOU/EES@EES, Roger Yang/SFO/EES@EES, Gordon Savage/HOU/EES@EES,
Harry Kingerski/NA/Enron@Enron, Michael A Smith/HOU/EES@EES
		 cc:
		 Subject: San Francisco Chronicle, Tues 12/19: "Utilities Want Rates To
Increase About 20%
Utilities, State Wrangling Over Rate Hikes for Power"

FYI.  This article tracks well with the information we've thus far received
and that I passed along on the call this morning.
----- Forwarded by Jeff Dasovich/NA/Enron on 12/19/2000 12:06 PM -----

	Joseph Alamo
	12/19/2000 11:51 AM

		 To: Miyung Buster/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 cc: Susan J Mara/NA/Enron, Sandra McCubbin/NA/Enron, Jeff Dasovich/NA/Enron,
Mona L Petrochko/NA/Enron, Roger Yang/SFO/EES@EES, Paul Kaufman/PDX/ECT@ECT,
Lysa Akin/PDX/ECT@ECT
		 Subject: San Francisco Chronicle, Tues 12/19: "Utilities Want Rates To
Increase About 20%
Utilities, State Wrangling Over Rate Hikes for Power"

Utilities Want Rates To Increase About 20%
Utilities, State Wrangling Over Rate Hikes for Power
David Lazarus, Chronicle Staff Writer
Tuesday,?December 19, 2000
,2000 San Francisco Chronicle
Top-secret talks between state officials and PG&E became bogged down
yesterday over how much customers' bills should be raised to rescue the
utility from financial ruin, sources said.
State officials are pushing for Pacific Gas and Electric Co. and Southern
California Edison to accept a 10 percent rate increase, while the utilities
are asking for a rate increase almost double that amount, the sources said.
An accord, first reported in The Chronicle on Saturday, still could be
announced any time this week, the sources said, noting that Gov. Gray Davis
was maintaining pressure for the two sides to come to terms as quickly as
possible.
However, the sources said, both sides are digging in their heels as the talks
intensify.
The impasse makes it unlikely that the California Public Utilities Commission
will lift a rate freeze affecting the two utilities at its meeting on
Thursday, even though the matter already has been placed on the commission's
agenda.
"Everyone is still trying to nail down different pieces of this mess," one
source said.
The negotiations began last week and continued through the weekend. However,
sources familiar with the talks said PG&E and Edison were reluctant to
compromise over how much they should be able to raise customers' bills and,
in turn, how much of a combined $8 billion in outstanding debt the two
utilities would have to swallow.
Representatives of the utilities, the PUC and the governor's office declined
to discuss the matter on the record yesterday.
But sources said there was an increasing sense of urgency on the governor's
part to extricate PG&E and Edison from their current financial woes and focus
instead on California's chronic power shortages.
State officials called a Stage 1 energy emergency yesterday afternoon as
electricity reserves once again slipped to dangerously low levels.
Large-scale industrial users were urged to reduce consumption.
The governor is said to be eager to show some progress in tackling
California's energy crisis, especially in light of measures announced by
federal regulators on Friday that critics say do not go far enough.
The Federal Energy Regulatory Commission announced several steps intended to
reduce volatility in wholesale power prices, but stopped short of a long-
sought cap on wholesale rates.
Davis said the commission "abdicated its responsibility to the people in the
West," while Sen. Dianne Feinstein characterized federal authorities as
fiddling while Rome burns.
Federal authorities will meet today in Sacramento with representatives of
utilities and power companies, along with state politicians, to discuss ways
to relieve California's energy shortage.
Meanwhile, PG&E and Edison have warned of possible bankruptcy if they are
unable to pass along to customers billions of dollars in extra costs accrued
since wholesale power prices spiked over the summer.
Because of the existing rate freeze, the two utilities so far have had to
absorb all such costs as losses.
Under terms of the deal now on the table, PG&E would absorb about half the
roughly $5 billion in expenses it has incurred, while Edison would absorb a
nearly equal percentage of its $3 billion in debt, sources said.
The utilities, however, are fighting hard to pass on even more of the debt to
customers in the form of higher rates, they said.
PG&E held a special briefing for legislative aides in Sacramento yesterday at
which utility officials made their case for a speedy bailout.
"They said they need to solve this, and they need to solve it now," said one
participant in the meeting.
But the officials were less forthcoming about how much the utility would
compromise to find a workable solution. "There wasn't a lot of wiggle room,"
the participant said.
A source close to the PUC said state regulators would be ready to take up the
matter of the rate freeze whenever a deal was reached with the utilities on
how much customers' bills would go up.
The source said the PUC probably would accept the utilities' argument that
conditions for ending the rate freeze had been met months ago. The
commissioners would then pass an emergency measure allowing rates to increase
immediately.
PUC President Loretta Lynch, who sources said was actively involved in the
weekend negotiations, probably would introduce the emergency measure when a
deal is reached. Swift approval by the five-member commission almost
certainly would follow.
"If some kind of accord is reached, we will be morally obligated to go
forward," one source said.
Still, consumer activists blasted the pending deal yesterday, calling instead
for all parties to hold their negotiations in the public arena.
"This is a gross violation of basic concepts of due process and fair play,"
said Nettie Hoge, executive director of The Utility Reform Network in San
Francisco. "Utility rates in this state are supposed to be determined via a
public process, not through back room deals between politicians and the
utilities."
Added John Gamboa, executive director of San Francisco's Greenlining
Institute: "Back room deals are what led to our utility-backed deregulation
scheme in the first place."
E-mail David Lazarus at dlazarus@sfchronicle.com.


The Prebon broker was pulling his tapes this morning when I asked Chris about
it - he said he'd let me know as soon as they worked it out. I just checked
with Chris again, and apparently the broker pulled tapes from the wrong day.
But we should know soon. I'll e-mail you right away.

Kate

Evelyn Metoyer@ENRON
02/05/2001 11:01 AM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Re: 2-2-01 Checkoutq

Kate what is the status of this deal?

   Kate Symes @ ECT                02/02/2001 04:13 PM

To: Evelyn Metoyer/Corp/Enron@ENRON
cc:

Subject: Re: 2-2-01 Checkoutq

Chris Mallory and the Prebon broker are currently debating this price. I'll
let you know when they settle it.

Thanks,
Kate

Evelyn Metoyer@ENRON
02/02/2001 01:30 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: 2-2-01 Checkoutq

Chris Mallory
Deal 512609
Prebon shows price as $165....Enpower has $160.


Thursday, December 27, 2001

Richard B Buy
Enron
,

Dear Richard

Here's to wishing you a Merry Christmas and a Happy New Year!!!!! I
think that 2002 is going to be a much better year than 2001!!!!!

Here's a great article from the most recent issue of Fast Company. All

indicators point towards a turnaround.

PS I apoligize if you got this email message twice;  I have two email

databases and they overlap.

Dal Coger
Tsunami Partners
781-874-0527

Digital Matters - Issue 52
Most everyone has written off the dotcoms. Smart investors are finding
the
real value.
by Fast Company
illustrations by Jack Unruh
from FC issue 52, page 74
Alt Text

Every nine months McKinsey and Co., the world's premier management
consultancy, publishes an "e-performance" survey of more than 200 Internet

businesses around the world. These dotcom companies have combined revenues

of roughly $2 billion. The most recent survey, published in May 2001,
found
that 20% of the companies covered were profitable and that a significant

number of the others were heading in that direction.
Dotcoms that were making money were "e-tailers," with clothing e-tailers

doing particularly well. Companies that were losing money were content

sites; news and sports sites were struggling the most. Monika Kubicova,
one
of four McKinsey consultants who oversee the survey, told the Financial

Times, "For e-tailers there is quite good reason for optimism, with a

reasonable number starting to show profitability. Content businesses,

however, are still playing with their business models and are in the red."
The McKinsey survey received virtually no press coverage, because it did
not
fit the major media's prevailing conventional wisdom, which is that the

Internet sector in general -- and the dotcom sector in particular -- is
as
dead as smelts. But as the survey makes clear, for something so dead,
these
sectors are showing all kinds of life. This past July, a streamlined
priceline.com announced that it had turned a second-quarter profit. Google,

the search-engine site that is now run by former Novell wizard Eric Schmidt,

recently announced that it was solidly profitable. EBay, Travelocity.com,

and a host of other companies also reported strong second-quarter earnings.

All of these solid performances occurred in the teeth of a global economic

slowdown.
Indeed, the big, largely unreported summer story of 2001 was the renewal
of
financial interest in all things related to the Internet. Goldman Sachs
and
other major investment houses swarmed across Europe, bottom-fishing among

distressed telecom and wireless properties. Deal flow in
Internet-infrastructure companies quickened in the United States as price

points became much more "realistic." Even seemingly doomed content companies

such as Salon.com attracted funding.
A couple of years from now, people will look back on the summer of 2001
as
the time when the music started up again. Dan Burstein, a managing partner

of Millennium Technology Ventures LP ( MTVLP ), is one among many smart

investors who see the wind shifting. For almost 15 months, Burstein says,

MTVLP didn't see a deal that was worth the price of admission. In fall
2000,
MTVLP knew of one that was priced at $1 billion. By spring 2001, that
exact
same deal was valued at below $100 million. At $1 billion, the deal was
an
almost perfect metaphor for Internet insanity. At below $100 million,
it was
a good investment. MTVLP bought a stake. Burstein sees the current situation

as analogous to the savings-and-loan crisis and the great real-estate

collapse of the late 1980s to early 1990s. The S&L meltdown led to
write-offs of more than $500 billion and caused a meltdown in the
real-estate sector. At the time, there was much talk about "overcapacity"

and "glut" in the real-estate mark!
ets. Today, the telecom industry may have to write off anywhere from $300

billion to $1 trillion in bad debt. And that has caused severe distress
in
the Internet-infrastructure world.
Having worked at the Blackstone Group LP prior to setting up MTVLP, Burstein

has good institutional memory of what a big opportunity looks like. Under

the direction of former commerce secretary Pete Peterson, Blackstone
surveyed the wreckage of the S&L/real-estate crisis and decided to establish

a separate entity to get in on the action -- even though Blackstone had
no
prior experience in real-estate investing. The company ended up buying

packets of properties, and when the market revived in the latter half
of the
1990s, Blackstone sold them off at a staggering profit. Burstein thinks
that
the telecom and Internet shakeout of the past two years is an investing

opportunity of similar size and scope.
Consider the prevailing wisdom that there is a bandwidth glut. You can
read
a thousand research reports on the Internet, and invariably you will find

someone whining about this glut. It is certainly true that the information

superhighways running down the fiber-optic lines between major metropolitan

areas are, for the moment, underutilized. But does that mean that they
will
be underutilized in five or seven years?
The likely answer to that question: Of course not. Pervasive computing
means
that new appliances, new security systems, new HVAC installations in
buildings, whether commercial or residential, will communicate with server

farms to exchange information constantly. Peer-to-peer technology will
have
computers talking back and forth to one another, constantly updating
information for millions of end users. Gaming will continue to grow and

become for the echo-boom generation what television was for the baby
boomers.
All of these technologies will be added to an ever-growing traffic flow
of
email, messaging, searches, and business communications. Enabling all
of
this technology will require enormous amounts of bandwidth and gargantuan

amounts of what George Gilder calls "storewidth": the response time between

entering a request on the Web and getting back the first page. Bandwidth
and
storewidth companies have been hammered over the course of the past 18

months, to the point where they are now selling at relatively reasonable

prices. Like the real-estate glut of the late 1980s, the bandwidth glut
of
the early 2000s is almost certainly a temporary phenomenon. So it's not

surprising that major investment houses are scouring the countryside,

looking at Internet-infrastructure companies that will enable the coming
of
all of these new technologies.
It will take a number of years before we know which investors made the
right
bets. The secret of business success is that much of it derives from luck

and timing. But after 18 months of virtually no activity, with huge pools
of
investment money sitting on the sidelines in cash accounts, the great
game
has quietly restarted. Investment companies are back at the table placing

their bets. And the biggest bets are being wagered in the beleaguered

telecom sector, which makes sense. European telecoms in particular overpaid

for spectrum licenses and, in doing so, jeopardized their franchises.
Now
they must sell off key assets to stay afloat. Those assets are selling
at a
significant discount. Situations like that attract big money very fast.
The next wave will occur in the Internet-infrastructure sector as companies

with strong market positions but weak cash flow hit the wall and grow

desperate. The last wave will be in a whole range of dotcom companies
--
especially shopping bots. As peer-to-peer computing advances, shopping
bots
will not only be able to find you the best price on any given item, but
they
will also give you the ability to auction out your business. Kids need

back-to-school clothes? Bid your business out on the Internet, and the
Gap
will have to offer you $1,000 worth of merchandise for $850. If it doesn't,

Target will.
Ever since April 14, 2000, the question has been, When is this thing (
the
Internet business, for lack of a better phrase ) going to turn around?
The
answer is in that McKinsey survey and in the behavior of some of the world's

leading investors: It's turning around now. If the S&L/real-estate crisis
is
a suitable analogy, it'll take about five years to get from here to there.

Along the way, there's lots of money to be made.
John Ellis ( jellis@fastcompany.com ) is a writer and consultant based
in
New York.
Dal Coger
Tsunami Partners
Executive Search & Selection
Ph # 781-395-2981
Ph # 781-874-0527
Cell 781-718-8397
Fax 781-395-2719
wireless email 7817188397@msg.myvzw.com
web site http://tsunamipartners.tripod.com

Sincerely,

Dal Coger
Principal


Here is the Open Ticket Remedy Report for Property.  Due to the focus on this meeting, we may or may not have time to review questions on this report.  Please review for accuracy and bring your comments/questions to the meeting.
   Thx,
      Ron


?
Just what you need to update your knowledge of Project Finance:
?
A two-day tutorial;
Two half-day??
?? workshops;
An advanced,?
?? two-day seminar.
	PROJECT FINANCE WEEK

	April 23-27, 2001  The Roosevelt Hotel  New York, NY
	http://www.pmaconference.com/pfweek.pdf

April, 2001

The energy crisis in California is making clear to players throughout the
power industry that shortages of generation capacity lead to chaos. Across
the nation there is a renewed concern about capacity and with that a
resurgence of power development. Perhaps the most essential element set in
the power development process is Project Finance. As the power industry
re-doubles its efforts to add generation, training in Project Finance becomes
ever more a requirement.

Your organization's best opportunity to gain a working knowledge of Project
Finance quickly is attendance at Infocast's Project Finance Tutorial,
scheduled for April 23 and 24, 2001 in New York, NY. Infocast's Project
Finance Tutorial has enjoyed twelve successful years of introducing industry
professionals to the essential elements of Project Finance. Attendees will
learn:

The Contractor's Perspective On Construction, Completion and Performance Risk?
The Impacts of Fuel Supply?
How Lenders Evaluate Project Structures and Credit Risk?
The Role of Credit Ratings Agencies in Project Financings?
How to Understand and Using Market Assessments in Merchant Power Financings?
Risk Management Strategies for successful financings

And attendees hear lessons delivered in case studies by seasoned developers
and financiers.

On April 25th, Infocast offers two educational workshops that explore in
detail two of the most complex elements of Project Finance: Workshop One:
Negotiating and Documenting the Key Project Agreements.?? Workshop Two:
Predicting the Price of Power for Asset Valuation in Merchant Power
Financings

Additionally, Richard Grant and Robert O. Gurman, two of North America's most
experienced project financiers will deliver Project Structuring in the Real
World: An Advanced Seminar, April 26 and 27. This seminar has been winning
resounding applause from past attendees. The instructors deliver a seminar
with a wealth of real-world advice and sound tips on successfully structuring
a project for financing.

Tuition of the week is:

Project Finance, The Tutorial?
$1495.00?
April 23-24, 2001?
Workshop #1, Project Agreements
$450.00?
Morning of?
April 25?
Workshop #2, Predicting Prices
$450.00?
Afternoon of?
April 25?
The Advanced Seminar
$1,395.00
April 26-27, 2001
Tuition for the Whole Week
$3,195.00
April 22-27, 2001

To view the brochure, please visit http://www.pmaconference.com/pfweek.pdf


I have created deal 223865 (zero volumes) to cover this name change.

D

	From:  Sherlyn Schumack                           03/22/2000 10:33 AM

To: Stephanie Gomes/HOU/ECT@ECT
cc: Daren J Farmer/HOU/ECT@ECT, Howard B Camp/HOU/ECT@ECT
Subject: Meter # 0989814 - GMT, Inc. - 1/00 production

Stephanie,

The problem with the January payment is that the deal is set up incorrectly
in sitara.   For January production deal 153864 shows HPLC purchasing gas
from GMT Company Inc, not GMT Inc.  Someone needs to either correct the deal
for 1/00 or put in a new deal, then I can do an accounting arrangement to
make the necessary correction.    It is correct for 2/00 on deal 156292.  I
emailed Daren on this because I see his name in sitara as the contact, but I
am not sure who actually takes care of it.

---------------------- Forwarded by Sherlyn Schumack/HOU/ECT on 03/22/2000
10:27 AM ---------------------------

	From:  Thu Nguyen                           03/20/2000 03:07 PM

To: Sherlyn Schumack/HOU/ECT@ECT
cc: Stephanie Gomes/HOU/ECT@ECT
Subject: Meter # 0989814 - GMT, Inc. - 1/00 production

Sherlyn,

 I believe this is your meter........
---------------------- Forwarded by Thu Nguyen/HOU/ECT on 03/20/2000 03:05 PM
---------------------------

	From:  Stephanie Gomes                           03/18/2000 09:21 AM

To: Thu Nguyen/HOU/ECT@ECT
cc:
Subject: Meter # 0989814 - GMT, Inc. - 1/00 production

Thu,
I'm not sure if this is your meter or not.  If it is not, could you please
pass this email on to the correct person.
For meter # 9814, Jan. 2000 production, the volume was allocated to the wrong
company.  The gas was allocated to GMT Company Inc., but it should have been
allocated to GMT, Inc.  For Feb. 2000 it is done correctly.
I need to recoup the money from GMT Company, so could you please let me know
when the change has been made in the system.
Thanks for your help.

Stephanie ( 3-6004 )

---------------------- Forwarded by Stephanie Gomes/HOU/ECT on 03/18/2000
09:09 AM ---------------------------

Nick Moshou@ENRON
03/15/2000 03:25 PM
To: Stephanie Gomes/HOU/ECT@ECT
cc:
Subject: Re: GMT, Inc. Tillison #1

Here you go let me know if you need anything else.
---------------------- Forwarded by Nick Moshou/Corp/Enron on 03/15/2000
03:22 PM ---------------------------

	From:  George Weissman @ ECT                           03/06/2000 10:34 AM

To: Nick Moshou/Corp/Enron@ENRON
cc: Brian M Riley/HOU/ECT@ECT, Melissa Graves/HOU/ECT@ECT, Cynthia
Hakemack/HOU/ECT@ECT

Subject: Re: GMT, Inc. Tillison #1

Would you please send a note to Brian Riley verifying that the GMT payment
has gone out to the Houston company? Please include the amount.

George x3-6992
---------------------- Forwarded by George Weissman/HOU/ECT on 03/06/2000
10:20 AM ---------------------------

	Enron North America Corp.

	From:  George Weissman                           03/03/2000 04:18 PM

To: Nick Moshou/Corp/Enron@ENRON
cc: Brian M Riley/HOU/ECT@ECT, Melissa Graves/HOU/ECT@ECT, Cynthia
Hakemack/HOU/ECT@ECT
Subject: Re: GMT, Inc. Tillison #1

Nick, it appears that we paid GMT Company, Inc. (BA 01474) of Corpus Christi
instead of GMT, Inc. (BA 75046) of Houston.  These companies are not
related.  We should pay the Houston GMT for production at meter 098-9814.
Would you please make the necessary adjustments?  Thanks.

George x3-6992

---------------------- Forwarded by George Weissman/HOU/ECT on 03/03/2000
04:14 PM ---------------------------

Nick Moshou@ENRON
03/03/2000 03:00 PM
To: George Weissman/HOU/ECT@ECT
cc:
Subject: Re: GMT, Inc. Tillison #1

I was looking in Unify for last month and this invoice was finalled under the
GMT Company Inc for 15975 mmbtu at meter 0989814.  The check was sent to
their Corpus Christi address.  The Sitara# was 153864.  The Sitara # you gave
me is showing February as the beginning month with GMT, Inc. as the payee.
Do you know if these are different companies?
---------------------- Forwarded by Nick Moshou/Corp/Enron on 03/03/2000
02:25 PM ---------------------------

Cynthia Hakemack@ECT
03/02/2000 04:07 PM
To: Nick Moshou/Corp/Enron@ENRON
cc: George Weissman/HOU/ECT@ECT

Subject: Re: GMT, Inc. Tillison #1

Nick, Can you please handle this?
---------------------- Forwarded by Cynthia Hakemack/HOU/ECT on 03/02/2000
03:58 PM ---------------------------

	Enron North America Corp.

	From:  George Weissman                           03/02/2000 02:21 PM

To: Cynthia Hakemack/HOU/ECT@ECT
cc: Melissa Graves/HOU/ECT@ECT, Brian M Riley/HOU/ECT@ECT
Subject: Re: GMT, Inc. Tillison #1

Cindy, GMT has advised Brian that they have not yet received payment for
production at meter 098-9814 for the period from 1/14/2000 to 1/31/2000.
Would you look into this and have them paid as promptly as possible?  It
appears that the January deal was 156292 and I believe GMT produced 15,984
Mmbtu in January.

George x3-6992
---------------------- Forwarded by George Weissman/HOU/ECT on 03/02/2000
02:16 PM ---------------------------

	Enron North America Corp.

	From:  George Weissman                           01/13/2000 09:11 AM

To: Vicente Sarmiento/GCO/Enron@Enron
cc: Brian M Riley/HOU/ECT@ECT, Robert D Morgan/HOU/ECT@ECT, Melissa
Graves/HOU/ECT@ECT, Nathan L Hlavaty/HOU/ECT@ECT
Subject: Re: GMT, Inc. Tillison #1

Vic, attached is a Physical Well Connect form authorizing you to turn-on the
GMT Tillison #1 well.  We expect this production to commence either late
today or tomorrow at Meter 098-9814.

Nathan, WO C59605 on its way to you.

George x3-6992

---------------------- Forwarded by George Weissman/HOU/ECT on 01/13/2000
09:01 AM ---------------------------

	Enron North America Corp.

	From:  George Weissman                           01/13/2000 07:45 AM

To: Brian M Riley/HOU/ECT@ECT
cc: Robert D Morgan/HOU/ECT@ECT, Vicente Sarmiento/GCO/Enron@Enron
Subject: Re: GMT, Inc. Tillison #1

Brian, for your information.  Please note Robert's cautionary warning with
respect to additional wells that GMT may want to drill and add to this
meter.  Does GMT have additional drilling plans?  If so, should we alert them
to the gas quality issue early on?

George x3-6992
---------------------- Forwarded by George Weissman/HOU/ECT on 01/13/2000
07:41 AM ---------------------------

Robert D Morgan
01/12/2000 10:04 AM
To: George Weissman/HOU/ECT@ECT
cc:
Subject: Re: GMT, Inc. Tillison #1

Although the gas is non-spec, the volumes and gas total inerts are low enough
that it can be blended okay before reaching Beaumont.  GO FOR IT.

As a precaution, we are starting a trend and I want to be very cautious.
Once we connect a well, we can't go backwards.  Please be specific with GMT
and limit him to this one well.  Otherwise he could drill more wells and flow
them ALL through this new meter.


Hey all. Here is a copy of the report that we provided to Dave Delainey
yesterday.  We will be working with Jeff Ader in Delainey's group to review
these opportunities and will most likely be coming back to you for further
assistance once they have narrowed down which leads to pursue.

Thanks to each of you on this e mail who provided input and assistance on
this project--especially on such short notice. As you become aware of new
situations or changes in regulatory or utility positions, please give either
Dan Allegretti or me a call to discuss.


I've roughed out a document for you to discuss.  It isn't in good enough
shape to go to Peoples yet, but hopefully it gives you something to discuss
internally so we can decide what we want to do. In the meanwhile, I'm going
to continue to think through the issues.

Please let me know what I can do to help.

Kay


I've allowed one person to enter Enron America into Jacoby's group from Broadband.  We need to be very selective because Broadband and EES will have people who will be put into redeployment.  I expect Louise or I to approve any employee who enters Enron America.  I will accept no exuses if someone slips in.


fyi
----- Forwarded by Mark E Haedicke/HOU/ECT on 03/20/2001 10:38 AM -----

	Eddy Daniels@ENRON
	03/09/2001 05:02 PM

		 To: Mark E Haedicke/HOU/ECT@ECT, Janette Elbertson/HOU/ECT@ECT
		 cc: John Novak/SA/Enron@Enron
		 Subject: ESA Legal Risk Memo (revised)


********* Welcome to Bestfares.com's HOT DEALS BY EMAIL ************

BESTFARES.COM is your source for HOT TRAVEL DEALS. Visit our home
page at http://www.bestfares.com. Also, remember to visit our Newsdesk
daily at http://www.bestfares.com/travel_center/desks/newsdesk.asp
where we post hundreds of deals every day that could save you up
to 70% every time you travel! Subscribe and unsubscribe information
can be found at the bottom of this newsletter.

**************************** November 28, 2000  ************************

If you were one of the millions who dealt with the crowds during
Thanksgiving travel, you may be ready for another vacation. If that's the
case, you don't want to miss out on our $158 roundtrip coast-to-coast
super sale (travel through March 1) or our 50 percent off Caribbean sale
(travel through June 15, including the peak winter season). With cold
weather settling in across many parts of the country, 85-degree beaches
and a tall tropical drink sipped under a warming sun sounds pretty good.
If sunshine and beaches are not your cup of Long Island Tea, pick the spot
that hits your fancy and fly between over 58 U.S. cities coast-to-coast
for only $158-198 through March 28 (Florida travel is valid through March
14). As an added plus, check an offer that can make you an elite-level
frequent flyer with just one trip. Most frequent flyers have to rack up a
minimum of 25,000 airmiles to hit the first level of elite status, but we
can tell you how to do it quick and easy. We're posting many other goodies
on our News Desk by the hour. Add it to your bookmarks and visit regularly
to be among the first to know what's up in low fares.

COAST-TO-COAST FROM $158 THROUGH MARCH 1, 2001
Just in time for the holidays, we have coast-to-coast airfares as low as
$158 roundtrip. Chances are, we have the route you need. Please be aware
that travel to Florida will be almost impossible December 18-29 for those
who have not already purchased. Even First Class is almost completely sold
out. That leaves the rest of the country at your disposal on Bestfares.com
bargain fares, or you can book Florida for a welcome post-holiday stay.
We'll even waive that ferocious $40 fuel surcharge to add to your savings.
For example, travel to and from the West Coast--Los Angeles, San
Francisco, San Diego, Salt Lake City, Seattle or Portland--to Baltimore,
Hartford, Orlando, Fort Lauderdale, New Orleans, Houston and many more
cities for just $158 roundtrip. From the West Coast to Dallas, Minneapolis
or Milwaukee is just $190. From the West Coast to Boston, New York City,
Philadelphia, Washington (DC) or Miami is only $238. Don't miss out on
these holiday and winter fares. Go home for the holidays (or relax
afterward) on these tempting fares. Visit
http://www.bestfares.com/view.asp?id=10067898.

LAST 4 DAYS: $198 RT BETWEEN 58 U.S. CITIES THROUGH MARCH 31
If we don't have the coast-to-coast sale fare you need in one category,
we'll try another. This one requires fast action, with just four days left
to book, but it gives you an extra month of travel (March 1-31) plus
another bucket of fares to draw from. Business travelers face walk-up fare
increases of as much as $370, added since the first of the year. Leisure
travelers can use this sale to fly for slightly more than half of what
business travelers are paying in fare hikes alone. If you live in Seattle,
Portland (OR), Reno, Las Vegas, San Francisco, San Diego, Phoenix or Los
Angeles, head east to Orlando, Fort Lauderdale, West Palm Beach (the home
of the challenging chad), Baltimore, Detroit, New Orleans, Houston or
Chicago. There are many additional choices. Availability for December
travel is as tight as the smile on a Supreme Court Justice's face, but we
should be able to get you what you need for the remaining months. Don't
miss out on a sale that can save you hundreds of dollars. Visit
http://www.bestfares.com/view.asp?id=10067898 and scroll to the applicable
headlines.

RT TO 15 CARIBBEAN CITIES FROM $328 THROUGH JUNE 15, 2001
They said it couldn't be done, but that's the kind of challenge we rise to
meet. The result--$328 roundtrip airfares from 40 U.S. cities to your
choice of 15 cities in the Caribbean for the 2001 peak winter travel
season. These fares can be 50 percent (or more) off standard published
fares. Think warm fun and island breezes in Cancun, St. Maarten, Aruba,
San Juan, St. Croix, St. Thomas, Montego Bay, Grand Cayman, Nassau and
four other Bahamas Islands. Golfers, how about Bermuda's extraordinary
courses? These fares are valid from over 40 U.S. cities starting at $328
roundtrip. Departure cities include New York City, Atlanta, Boston,
Buffalo, Philadelphia and Washington (DC). Our most expensive ticket
(still cheap) is from the West Coast, and it's only $458 roundtrip,
including Denver, Phoenix, San Diego, Los Angeles, Las Vegas, San
Francisco and Seattle. Visit
http://www.bestfares.com/view.asp?id=10088489.

RT BETWEEN 50 CENTRAL AND EAST COAST CITIES $198-218 THROUGH AUGUST 31
If you live in an expanded Central U.S. area that stretches from Texas to
Minnesota, in Atlanta, or in almost any major city to the east, fly to
dozens of destinations for $198-218 roundtrip. This deal includes New York
City, Boston, Myrtle Beach, many more southeast, southern and Texas cities
and over 50 cities in the Midwest. You can save up to 65 percent and lock
in sale fare travel through August 15, 2001. If you know where you'll be
heading for summer vacation, book now and cross one big planning problem
off your list. These fares also cover New Year's, Spring Break, Easter,
Memorial Day weekend and the Fourth of July. If you've checked out the
fares offered to the general public during these travel periods, you'll
realize what bargains we've negotiated. For details, visit
http://www.bestfares.com/view.asp?id=10089324.

ELITE STATUS ON TWA AFTER ONLY ONE TRIP
If you've been considering discretionary leisure travel in December, this
deal could give you the inspiration to confirm. If you have to travel in
December, this deal gives you a bonus that lasts long after you land. Fly
just one roundtrip by December 31, 2000 and we will jump your TWA Aviators
frequent flyer status to elite level--a level that usually requires 25,000
airmiles in one year. If you like free, space-available upgrades to First
Class and bonus miles on all your future trips, you're going to like this
benefit. we'll even show you how to do it on reduced fares. For full
details, visit http://www.bestfares.com/view.asp?id=10108936.

XMAS IN EUROPE: MILAN $90, ATHENS $160, FRANKFURT $123, BRUSSELS $130, &
MORE(
Folks, don't you just hate it when someone else scores a great bargain and
you find out too late to get the same deal? Well, right now
TheDailyAuction.com in conjunction with Lufthansa Airlines is practically
giving away tickets to all over Europe for the upcoming holidays! Savvy
shoppers are stuffing their stockings with incredible bargains this Monday
through Friday. Interested? Read on(.

Calling all last minute shoppers...The Daily Auction.com and Lufthansa are
at it again with fantastic Christmas specials to many exciting
destinations in Europe. With only 27 shopping days left until Christmas,
now is the perfect opportunity to offer that special someone a holiday
vacation in Paris or Madrid for the holidays. Or why not treat yourself to
a unexpected getaway to Milan or Vienna with the help of The Daily
Auction.com and Lufthansa. Enjoy fares starting as low as only $10 when
you start your real time bidding on The Daily Auction.com today. For
example, just last week Atlanta to Milan went for $90 roundtrip which is
an 80 percent saving off the lowest published fare of $488. Washington to
Athens went for $160 which is a savings of $328 off the lowest fare we
could find. Check out our feature story at
http://www.bestfares.com/view.asp?id=10109403 which gives some great
strategies about the auction as well as the following:

- A Sample of Last Week,s Winning Bids (You won,t believe the prices!)
- This Week,s Upcoming Bids (Minimum opening bids.)

Or, for those of you that already know about the great deals being won at
The Daily Auction click here to start bidding:
http://www.thedailyauction.com/urltags/bfemail.html.

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

HOT DEALS BY EMAIL announcements feature special money-saving offers
available on Bestfares.com. This free, weekly newsletter is your
best bet to receive great, late-breaking travel deals.

Please feel free to send this newsletter to your colleagues, friends
and family and encourage them to sign up for a free subscription to
HOT DEALS BY EMAIL. Thanks to all of you who have already recommended
this newsletter to others. If this email has been forwarded to you,
you can get your own free subscription at:
http://www.bestfares.com/e-deals/e-deal.asp.

About your privacy: Our email list is used only for distribution of
our own materials. Our subscriber list will not be sold, rented, or
otherwise made available to third parties

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

SUBSCRIPTION INFORMATION

To subscribe to the HOT DEALS BY EMAIL newsletter, please visit:
http://www.bestfares.com/e-deals/e-deal.asp.

To unsubscribe from HOT DEALS BY EMAIL, please visit:
http://www.bestfares.com/e-deals/unsubscribe.asp

To change your email address, please visit:
http://www.bestfares.com/e-deals/unsubscribe.asp
and unsubscribe from Hot Deals. Then go to:
http://www.bestfares.com/e-deals/e-deal.asp
and register your new email address.

Although every effort is made to ensure accurate information,
Bestfares.com is not responsible for any errors in this newsletter.


Greetings Art.  Had a great time at the conference.  Thanks for inviting me.
I have a comment about the proposed decision if you'd like it.  Let me know.
What time do you need it?  And can I just email it to you?  It'll be quite
brief and to the point.

Best,
Jeff

	MBD <MDay@GMSSR.com>
	11/30/2000 12:44 PM

		 To: "'Jeff Dasovich Enron SF'" <jdasovic@enron.com>
		 cc:
		 Subject: FW: Bilas PD

-----Original Message-----
From: Arthur O'Donnell [mailto:aod@newsdata.com]
Sent: Wednesday, November 29, 2000 1:44 PM
To: mday@gmssr.com
Subject: Bilas PD

Mike, I cannot find a phone number for you, but wanted to see if
you had a comment on the Bilas PD in the gas industry
restructuring case.
Is there some element of the comprehensive settlement worth
fighting for? Do you see any of the issues gravitating to the Sempra
OII?

Any response appreciated. Thursday is deadline day. 415-824-3222

Thanks,
Arthur O'Donnell
California Energy Markets
(415) 824-3222, (415) 824-3223 [fax]


Eric,

Thank you for your message. The only other message in my mailbox
from you is dated 6/11/2000 and contains a reference to a resume I cannot
locate. I checked the log of all the messages and could not find any other
communication from you.

Please, send a message with a resume again and we shall go from there.

Vince Kaminski

Eric Hilton <ehilton@earthlink.net> on 06/21/2000 08:37:58 PM
To: Vince.J.Kaminski@enron.com
cc:
Subject: contact information

Dear Mr. Kaminski,

        I sent my resume to your well respected company a few weeks ago
in regards to establishing a long-lasting career with them. I never
received a response and was wondering if you knew who was in charge of
the electric power disbatching/scheduling department or know of who I
may contact to inquire this information? I know you are a very busy
professional and I apologize for the inconvenience.  Thank you for your
valuable time.

Warmest Regards,
Eric Hilton


Start Date: 1/16/02; DayAhead market;  DayAhead schedule download failed. Manual intervention required.

    LOG MESSAGES:

Error: Crawler lifetime exceeded.


As Enron finalizes plans for our child care center scheduled to open during
the 3rd quarter of next year, we would like your input on 3-5 alternatives
for names for our center. We will be holding open forum type focus groups on:

December 11th and 12th in room EB49C3 from 11 am to 1 pm.

If your schedule allows, we would love to have you stop by and provide your
feedback.

Thanks for your assistance in naming our center! We look forward to seeing
you next week!

Regards,

Charla


I'm busy washing my hair.

To: Chris Germany/HOU/ECT@ECT
cc: Jay Blaine/HOU/EES@EES, Jay Knoblauh/HOU/ECT@ECT
Subject: Re: No thanks

Hot date tonight  - Chris ?....If not, you could help me repair Meredith's
old apt tonight  ( trying to get the deposit back ).

How about Thursday night ?

Chris Germany
11/28/2000 01:39 PM
To: Jim Homco/HOU/ECT@ECT, Jay Blaine/HOU/EES@EES, Jay Knoblauh/HOU/ECT@ECT
cc:
Subject: No thanks

I won't be able to go out drinking tonite.  I just know one of you wuz gonna
ask me but SORRY, i'm busy.


Hey Theresa and Lynn.  I just wanted to say that I really enjoyed getting
to know you two last week and that I hope we can stay in contact.  I
typically just meet Regulatory people in my circle so it's good to know
people who actually know how their pipeline operates!  Lynn - I think I am
finally getting the hang of operating those earrings.  That Tuesday morning
when we were leaving San Fran. the little dangle got cock-eyed and I
couldn't get the earring out to fix it.  At some point at the airport I
managed to get it out.  Am much better now.  Take care and hope to see both
of you soon.

Michelle


I think the meeting is on Wednesday, but if you can be there (Sacremento, I
expect) you should.  As I mentioned in my voicemail, I think the meeting will
not be particularly substantive;  more likely it is a photo op for the
governor to show how tough he is on the pirate generators.  Based on your
message below, should we still plan to send somebody?  I still think we
should if we can manage the legal risk.

Mike:  would you be able to attend as well?

From: Richard B Sanders@ECT on 05/06/2001 10:45 AM
To: Steven J Kean/NA/Enron@Enron
cc:

Subject: Gray Davis meeting

As I indicated in my VM, I will be in LA early Tues morning. Would you like
to talk about the isuues before your meeting--or would you like me to go?
----- Forwarded by Richard B Sanders/HOU/ECT on 05/06/2001 10:43 AM -----

	"Shohet, Jeff" <jshohet@graycary.com>
	05/04/2001 10:48 AM

		 To: "Doron Ezickson" <dezickson@mwe.com>, "Gary Fergus"
<gfergus@brobeck.com>, "Gerald L. McMahon" <mcmahon@scmv.com>, "James Ransom"
<james_ransom@la.kirkland.com>, "Jean Frizzell" <jfrizzell@gibbs-bruns.com>,
"Jeffrey Davidson" <jeffrey_davidson@la.kirkland.com>, "Jennifer A. Hein"
<jennifer.hein@neg.pge.com>, "Jennifer Costa" <jennifer.costa@neg.pge.com>,
"John Hershberger" <hershberger@scmv.com>, "Laura H. Roppe" <roppe@scmv.com>,
"Mary Lou Peters" <marylou.peters@msdw.com>, "Michael A. Leone"
<leone@scmv.com>, "Michael J. Weaver" <mike.weaver@lw.com>, "Michael L.
Kirby" <mlk@pkns.com>, "Mike D. Smith" <msmith1@enron.com>, "Richard B.
Sanders" <richard.b.sanders@enron.com>, "Robert Williams"
<robert.c.williams@enron.com>, "Robin Gibbs (Mr.)" <sbishop@gibbs-bruns.com>,
"Stephen A. Herman" <steve.herman@neg.pge.com>, "Sydne Michel"
<sydne_michel@la.kirkland.com>, "Tanya Murphy" <tanya.murphy@neg.pge.com>,
"Tony Richardson" <tony_richardson@la.kirkland.com>
		 cc:
		 Subject: Gray Davis meeting

Williams, Reliant, Enron, Duke, AES, Dynegy, Mirant and Sempra have been
invited to a meeting with the Governor.  The press release provides: "The
agenda will include "unpaid debts, credit and the supply of power."
Williams is concerned about attending such a meeting of competitors without
the presence of antitrust counsel even under the sponsorship of the Governor
(who presumably acts as both the sovereign and on behalf of the buyer(s)).
We are looking into the Sovereign immunity and Noerr-Pennington issues to
determine how best to protect any such group discussions from challenge or
as evidence in any of the pending cases.  Are any of your clients also
concerned about this and are you also looking into these issues?
Williams would like to have a joint defense protected conference call
(perhaps later today if possible) to discuss this meeting and consider
whether antitrust counsel is needed for the group or if each participant
should attend with its own counsel.  Please let me have your thoughts and
whether one of you (or other counsel) is interested and available to
participate in a conference call.  Thanks/

Jeffrey M. Shohet
Gray Cary Ware & Freidenrich
Phone: (619) 699-2743
Fax:     (619) 236-1048
Mobile: (619) 933-2743
email:    jshohet@GrayCary.com

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

[INFO] -- Content Manager:

NOTICE:  This email message is for the sole use of the intended recipient(s)
and may contain confidential and privileged information.  Any unauthorized
review, use, disclosure or distribution is prohibited.  If you are not the
intended recipient, please contact the sender by reply email and destroy all
copies of the original message.

To contact our email administrator directly, send to postmaster@graycary.com

Thank you.

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


In connection with the Wind River conversion from construction loans to term
loans, attached please find drafts of the following documents:

Lost Creek UCC-1 for filing with Texas Secretary of State
Lost Creek UCC-1 for filing with Delaware Secretary of State
Lost Creek UCC-1 for filing with Wyoming Secretary of State
Lost Creek UCC-1 for filing with County Clerk of Sweetwater County, Wyoming

In the interest of time, the UCC-1s to be filed in Wyoming are being
distributed prior to review by Holland & Hart and remain subject to their
comments.

The collateral description exhibit will follow.

Please feel free to call Jason Peters at (713) 220-4124 or the undersigned at
(713) 220-4427 if you have any questions or comments or if we can be of
further assistance.

S.B.

 - UCC-1Fin.DOC
 - UCC-1Fin.DOC
 - UCC-1Los.DOC
 - UCC-1Los.DOC


Attached below is a brochure regarding an upcoming national symposium - The
Reorganizing Energy Industry: Shifting Risks and Opportunities to take place
in Madison, Wisconsin November 29 and 30, 2000.  I am pleased to be
moderating this panel.  Given your role in this important industry, I
believe that there are good reasons why you will want to attend.
The event is sponsored by the Wisconsin Public Utility Institute, The
Federal Energy Bar Association and the Energy & Telecommunications Section
of the Wisconsin Bar and will involve nationally prominent industry
representatives as members of the faculty.  The meeting will include leading
Wall Street investment bankers, numerous regulatory commissioners from a
variety of influential jurisdictions, experts ready to discuss implications
of recent seismic events in the energy markets, and financial analysts and
credit agencies who must evaluate the business strategies of energy
companies to meet this unfolding future, and leading market participants.
 Because the energy industry remains highly regulated, it remains a
market which can be affected dramatically by a small number of people - not
just through their use of  capital in the market, but by their influence
upon the policy makers who are now setting, and will continue to set, the
rules.  The Symposium has been designed to provide an intimate forum for the
exposition and discussion of energy industry policy among a mix of people
who will influence the unfolding energy markets.  Obviously, you and your
organization need to play a leading role in these discussions and  I
sincerely hope you can participate.

 <<symposium.pdf>>

Sandy Williams
414-297-5829

 - symposium.pdf


Sara,

 -----Original Message-----
From: 	Shackleton, Sara
Sent:	Monday, October 29, 2001 11:25 AM
To:	Glover, Sheila
Subject:	FIMAT Canada, Inc. Customer Agreement

Sheila:  attached is the markup I am preparing to send to FIMAT Canada.  Some of the redlining reflects ENA's prior agreement with FIMAT USA, Inc.  A few things for you to note and we can chat quickly:

(1)  Par. 5 - will we agree to a fee schedule now or "as agreed to from time to time"? [Glover, Sheila]    AGREED "from TIme to time" okay.  We are requesting commission fee schedule.  We will want to have before we sign.  [Glover, Sheila]  I have requested.

(2)  Par. 7 - I have requested the interest rate schedule. Alternatively, I have "borrowed" language from the FIMAT USA, Inc. agreement.  Which do you think is best?
[Glover, Sheila]  We think the max legal rate or 150% sounds high.  We want to see the interest rate schedule.  I will request.

(3)  Par. 8 - is the reference to CAD50,000 for speculative accounts alright?  Or will this be simply a hedge account and that particular language is extraneous?
[Glover, Sheila]  We have already ticked it off on the application as a hedge account so language should be extraneous.

(4)  Par. 14 - will you need to object by phone (or is fax sufficient)? [Glover, Sheila]    Trade differences are identified over the phone during as part of the daily broker check-out process.

 << File: Fimat Derivatives CanadaR1.DOC >>

Sara Shackleton
Enron Wholesale Services
1400 Smith Street, EB3801a
Houston, TX  77002
Ph:  (713) 853-5620
Fax: (713) 646-3490


Janelle:

I reviewed the email of 1/19/01 from Ben Chu.  There are only 2 items listed:

(1)  I will beef up the language to make it absolutely clear that ENA can
select the price only if it hears from ConEd first.

(2)  I am not sure that I agree about the NY ISO changing pricing after 30
days.  We will need to discuss.  I have heard that this is not as frequent an
occurrence as in the past and we are using the same mechanism as the ISDA
procedure for change in prices.

(3)  Other than the foregoing, he had no other comments exept to say that he
would review again.

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com


Sorry, I can;t help you on this one.  I don't have a copy.  --Sally


Thanks for taking care of this!  Sorry if I caused any confusion.

	From:  Sheila Glover                           05/11/2000 11:37 AM

To: Mark Taylor/HOU/ECT@ECT
cc:
Subject: Enron Corp Swap

Mark,
Gary Hickerson authorized payment amount based upon supporting calculation of
expected proceeds from Jill Erwin. Faxed to CSFB now.
Sheila


There Are Only A Few Things Needed to Be Successful:

You need a multi-billion dollar, ground floor opportunity with the most
sort after product in an untapped market that has people clearing $60,000
their first month and $20,000 per week after 8 weeks. You need full support
from the start so your growth potential is unlimited.

Click here for your FREE special report.

http://tg1fgfz.com/cgi-bin/specialreport/index.cgi?NightRider

To Be Remove From Further Mailings reply to revised@linuxplanet.nu with remove in the subject line..


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/10/2000
12:37 PM ---------------------------

Ludkam@aol.com on 01/10/2000 11:40:44 AM
To: Vince J Kaminski/HOU/ECT@ECT, VKaminski@aol.com
cc:
Subject: czeki

#1243  $266.00   #1244  24.00       L.


Scripts and the coresponding talking points were sent to PR / Communication yesterday, with instructions to forward to you when their review and comments were received.

 -----Original Message-----
From: 	Cash, Michelle
Sent:	Monday, November 26, 2001 10:02 AM
To:	Johnson, Rick
Subject:	RE: A few questions about the scripts

I am a bit unclear.  Are these ready for my final review yet?  If so, I will get right on them.  Michelle

 -----Original Message-----
From: 	Denne, Karen
Sent:	Monday, November 26, 2001 8:40 AM
To:	Johnson, Rick; Clark, Mary; Jones, Robert W.- HR Exec
Cc:	Oxley, David; Cash, Michelle; James, Terrie
Subject:	RE: A few questions about the scripts

Thanks for the info, Rick.  We also need to add one more question to the supervisor Q&A:  Will I still receive severance if the company files for bankruptcy? thx. kd

 -----Original Message-----
From: 	Johnson, Rick
Sent:	Monday, November 26, 2001 8:08 AM
To:	Clark, Mary; Jones, Robert W.- HR Exec
Cc:	Oxley, David; Cash, Michelle; James, Terrie; Denne, Karen
Subject:	RE: A few questions about the scripts

Mary, based on the most current information:
1.	A&B employees will receive bonus consideration however the amount is not dependant or determined by their A / B designation.   Accordingly, any mention of bonus in the scripts will need to rely on what we have said in the past, I.E. Bonus will be dependant on financial performance and employee contributions over the past year.
As result of this interpitation, Bonus, albeit a element of retention, should not be included as an inducement to retention at this time.  (source - Aaron Brown)
2.	The employees on the D - list are being placed on paid furlough and being terminated at a known date in the future.  That period of earning calculated to be a severance plan offset.   Employees who work up to their specific term date ( C-list) will be receiving their normal pay; then their severance pay, without a severance plan offset.  Michelle Cash is working with Pat Mackin to define the severance plan features that will govern this timing and the corresponding explanations.
 -----Original Message-----
From: 	Clark, Mary
Sent:	Sunday, November 25, 2001 6:49 PM
To:	Jones, Robert W.- HR Exec
Cc:	Oxley, David; Cash, Michelle; James, Terrie; Denne, Karen; Johnson, Rick
Subject:	A few questions about the scripts

I have a couple of questions about the scripts that Rick Johnson sent me

1.  For A and B employees, will there be bonuses.  It's crossed out on the A script and left in the B script.
2.  In the C script:
	Please explain what a 60-day notice w/o severance plan off-set means.
	When does severance go into effect for C employees?  It's not clear in the script.

Thanks.

Mary E. Clark
Director, Internal Communications
Phone:  713-853-7325
Fax:  713-853-6790
e-mail:  mary.clark@enron.com


sounds like some are selling at 44's, now $4.425 by $4.44


No need to prepare anything.  They'll do most of the talking.

Jim

 -----Original Message-----
From: 	Maurer, Luiz
Sent:	Friday, November 09, 2001 9:47 AM
To:	Steffes, James D.
Subject:	RE: NG Meeting in Columbus, OH Dec4/Dec5

Jim

What should we prepare or analyze in advance?

LM

P.S. Just for your information, I will summarize the Independent System Operator Proposal made by Southern - it evolved during the Mediation process but it retains the concept of National Grid being the Transco/RTO

 -----Original Message-----
From: 	Steffes, James D.
Sent:	Friday, November 09, 2001 9:21 AM
To:	Roan, Michael
Cc:	Stroup, Kerry; Maurer, Luiz
Subject:	NG Meeting in Columbus, OH Dec4/Dec5

Mike --

Ashley Brown called to discuss a meeting with the Stakeholders in Columbus, OH on either Dec 4 or Dec 5.  He would like our participation.  Also, he would like us to let our friends in the industry know about this upcoming meeting.

Thanks,

Jim


Well it got me here.  So we shall see.  For $350.00 is should be working.  Of
course the proof will be when I go home.  I am anxious to see how or if I
have any puddles.

Did you know today  is Nony's birthday?

I can not do lunch today, but lets take her out.


west- san juan
please change deal V96295 from gas daily to just a nymex swap, this is an internal deal no confirms to change


Outlook Migration Team@ENRON
05/11/2001 03:49 PM
To: Cheryl Wilchynski/HR/Corp/Enron@ENRON, Cindy R Ward/NA/Enron@ENRON, Jo
Ann Hill/Corp/Enron@ENRON, Sonja Galloway/Corp/Enron@Enron, Bilal
Bajwa/NA/Enron@Enron, Binh Pham/HOU/ECT@ECT, Bradley Jones/ENRON@enronXgate,
Bruce Mills/Corp/Enron@ENRON, Chance Rabon/ENRON@enronXgate, Chuck
Ames/NA/Enron@Enron, David Baumbach/HOU/ECT@ECT, Jad Doan/ENRON@enronXgate,
O'Neal D Winfree/HOU/ECT@ECT, Phillip M Love/HOU/ECT@ECT, Sladana-Anna
Kulic/ENRON@enronXgate, Victor Guggenheim/HOU/ECT@ECT, Alejandra
Chavez/NA/Enron@ENRON, Anne Bike/Enron@EnronXGate, Carole
Frank/NA/Enron@ENRON, Darron C Giron/HOU/ECT@ECT, Elizabeth L
Hernandez/HOU/ECT@ECT, Elizabeth Shim/Corp/Enron@ENRON, Jeff
Royed/Corp/Enron@ENRON, Kam Keiser/HOU/ECT@ECT, Kimat Singla/HOU/ECT@ECT,
Kristen Clause/ENRON@enronXgate, Kulvinder Fowler/NA/Enron@ENRON, Kyle R
Lilly/HOU/ECT@ECT, Luchas Johnson/NA/Enron@Enron, Maria Garza/HOU/ECT@ECT,
Patrick Ryder/NA/Enron@Enron, Ryan O'Rourke/ENRON@enronXgate, Yuan
Tian/NA/Enron@ENRON, Frank Ermis/HOU/ECT@ECT, Jane M Tholt/HOU/ECT@ECT, Jay
Reitmeyer/HOU/ECT@ECT, Keith Holst/HOU/ECT@ect, Matthew Lenhart/HOU/ECT@ECT,
Mike Grigsby/HOU/ECT@ECT, Monique Sanchez/HOU/ECT@ECT, Phillip K
Allen/HOU/ECT@ECT, Randall L Gay/HOU/ECT@ECT, Tori Kuykendall/HOU/ECT@ECT,
Ina Norman/HOU/ECT@ECT, Jackie Travis/HOU/ECT@ECT, Michael J
Gasper/HOU/ECT@ECT, Brenda H Fletcher/HOU/ECT@ECT, Jeanne
Wukasch/Corp/Enron@ENRON, Mary Theresa Franklin/HOU/ECT@ECT, Mike
Potter/NA/Enron@Enron, Natalie Baker/HOU/ECT@ECT, Suzanne
Calcagno/NA/Enron@Enron, Albert Stromquist/Corp/Enron@ENRON, Rajesh
Chettiar/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Derek Anderson/HOU/ECT@ECT,
Brad Horn/HOU/ECT@ECT, Camille Gerard/Corp/Enron@ENRON, Cathy
Lira/NA/Enron@ENRON, Daniel Castagnola/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Eva Tow/Corp/Enron@ENRON, Lam Nguyen/NA/Enron@Enron, Andy
Pace/NA/Enron@Enron, Anna Santucci/NA/Enron@Enron, Claudia
Guerra/NA/Enron@ENRON, Clayton Vernon/Corp/Enron@ENRON, David
Ryan/Corp/Enron@ENRON, Eric Smith/Contractor/Enron Communications@Enron
Communications, Grace Kim/NA/Enron@Enron, Jason Kaniss/ENRON@enronXgate,
Kevin Cline/Corp/Enron@Enron, Rika Imai/NA/Enron@Enron, Todd
DeCook/Corp/Enron@Enron, Beth Jensen/NPNG/Enron@ENRON, Billi
Harrill/NPNG/Enron@ENRON, Martha Sumner-Kenney/NPNG/Enron@ENRON, Phyllis
Miller/NPNG/Enron@ENRON, Sandy Olofson/NPNG/Enron@ENRON, Theresa
Byrne/NPNG/Enron@ENRON, Danny McCarty/ET&S/Enron@Enron, Denis
Tu/FGT/Enron@ENRON, John A Ayres/FGT/Enron@ENRON, John
Millar/FGT/Enron@Enron, Julie Armstrong/Corp/Enron@ENRON, Maggie
Schroeder/FGT/Enron@ENRON, Max Brown/OTS/Enron@ENRON, Randy
Cantrell/GCO/Enron@ENRON, Tracy Scott/Corp/Enron@ENRON, Charles T
Muzzy/HOU/ECT@ECT, Cora Pendergrass/Corp/Enron@ENRON, Darren
Espey/Corp/Enron@ENRON, Jessica White/NA/Enron@Enron, Kevin
Brady/NA/Enron@Enron, Kirk Lenart/HOU/ECT@ECT, Lisa Kinsey/HOU/ECT@ECT,
Margie Straight/HOU/ECT@ECT, Mark L Schrab/HOU/ECT@ECT, Souad
Mahmassani/Corp/Enron@ENRON, Tammy Gilmore/NA/Enron@ENRON, Teresa
McOmber/NA/Enron@ENRON, Wes Dempsey/NA/Enron@Enron, Barry
Feldman/NYC/MGUSA@MGUSA, Catherine Huynh/NA/Enron@Enron
cc:
Subject: 2- SURVEY/INFORMATION EMAIL 5-14- 01

Current Notes User:

To ensure that you experience a successful migration from Notes to Outlook,
it is necessary to gather individual user information prior to your date of
migration.  Please take a few minutes to completely fill out the following
survey. Double Click on document to put it in "Edit" mode. When you finish,
simply click on the 'Reply With History' button then hit 'Send'  Your survey
will automatically be sent to the Outlook 2000 Migration Mailbox.

Thank you.

Outlook 2000 Migration Team

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

Full Name:        Darron Giron

Login ID:  dgiron

Extension:  3-9573

Office Location:  EB3262B

What type of computer do you have?  Desktop

Do you have a PDA?  If yes, what type do you have:   No

Do you have permission to access anyone's Email/Calendar?  No

Does anyone have permission to access your Email/Calendar?  Yes, Irena Hogan
& Elizabeth Soto

Are you responsible for updating anyone else's address book?  No

Is anyone else responsible for updating your address book?  No

Do you have access to a shared calendar?  No

Do you have any Distribution Groups that Messaging maintains for you (for
mass mailings)?  No

Please list all Notes databases applications that you currently use:
Organizer, Address Book

In our efforts to plan the exact date/time of your migration, we also will
need to know:

What are your normal work hours?  From:8:00am      To:6:30pm

Will you be out of the office in the near future for vacation, leave, etc?
       If so, when?        From 05/17/01      To 05/18/01


I received a call today from the head Weather Trader at Dynegy who said they
had some questions regarding their ISDA agreement and how it would relate to
weather trades.  I took the number and said I would ask you to look into it
with them:

Margaret Lester
713-767-5074

if not available try

Paul Henry
713-767-5228

From: Tana Jones@ECT on 06/01/2000 05:13 PM
To: Melissa Ann Murphy/HOU/ECT@ECT, Kim S Theriot/HOU/ECT@ECT, Rhonda L
Denton/HOU/ECT@ECT, Jefferson D Sorenson/HOU/ECT@ECT, Larry Joe
Hunter/HOU/ECT@ECT, Kevin Meredith/Corp/Enron@ENRON, Bruce
Mills/Corp/Enron@ENRON, Derek Bailey/Corp/Enron@ENRON, Jean Bell/HOU/ECT@ECT,
Diane Anderson/NA/Enron@Enron, Souad Mahmassani/Corp/Enron@ENRON, Andrea R
Guillen/HOU/ECT@ECT, Sheetal Patel/HOU/ECT@ECT, Jarrod Cyprow/HOU/ECT@ECT,
Scott Tackett/Corp/Enron@Enron, Gordon Heaney/Corp/Enron@ENRON, Pamela
Sonnier/HOU/ECT@ECT, David P Dupre/HOU/ECT@ECT, Laurel Adams/HOU/ECT@ECT
cc: Brent Hendry/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sara
Shackleton/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Susan Flynn/HOU/ECT@ECT,
Carol St Clair/HOU/ECT@ECT, Susan Bailey/HOU/ECT@ECT, Michael
Neves/HOU/ECT@ECT

Subject: Financial Trading Agreements Database Link

Attached is the link that will allow you access to referenced database.
Please note, that we have just upgraded the database to add the ISDA
definitions, branch offices approved for trading, and market disruption
provisions.  This information should be inputted for the new master swap
agreements on a going forward basis, but we still need to go back and
repopulate the data for the existing master swap agreements.

Also, FYI, the "See" drop down is our nickname for the name changes and
mergers reference.  If an item is filled in for that entity it should show
you any prior or new names for the counterparty.

If there is anyone else who would like the link, please let me know and I
will forward it to them.

We hope you find the information provided in this database helpful.

Link -->


I'm not sure if I ever sent this out or not...

**********************************************
Mark D. Guinney, CFA
Consultant
Watson Wyatt Investment Consulting
345 California Street, Ste. 1400
San Francisco, CA  94104
(415) 733-4487 ph.
(415) 733-4190 fax

____________________Reply Separator____________________
Subject:    RE: BF Good Case
Author: "Jackson; James (JCJA)" <SMTP:JCJA@chevron.com>
Date:       03/18/2001 6:24 PM

Dylan,
Write up looks good to me.  I added a new exhibit 6 worksheet to your
spreadsheet.  It's a simple graph of X vs a.  You may want to add it to the
report as an illustration of the relationship.  I'm at work and was having
trouble adding an arrow to indicate which direction was good to BF Goodrich.
Since your the IT manager I thought it would be no problem for you.  Anyway,
nice job on the report!
Jimmy <<BF Good Exhibits.xls>>

> -----Original Message-----
> From:     Dylan Windham [SMTP:dwindham@uclink4.berkeley.edu]
> Sent:     March 17, 2001 5:33 PM
> To:     Jeff.Dasovich@enron.com; JcjCal02@aol.com;
> jjackson@haas.berkeley.edu; guinney@haas.berkeley.edu
> Subject:     BF Good Case
>
>
>
> Ok gang,
>
> Here is the corrected version.  I made the changes that Jimmy and Mark
> suggested and added the insurance information that we came up with on
> Monday.  Please make any changes by 9:00 pm tomorrow and send them to me
> so
> that I can get it ready to turn in.
>
> Thanks,
>
> Dylan << File: BFG Dylan 0317.doc >>  << File: BF Good Exhibit 1.doc >>
> << File: BF Good Exhibits.xls >>

 - BFGOODEX.XLS
 - BFG flowchart.ppt


[IMAGE]
	PennWell Electric & Natural Gas Transmission Maps  Click Here To Download Order Form And Additional Information
	[IMAGE]
	The most comprehensive of its kind in the industry. Updated to reflect the changes in the power industry, this map is color-coded for easy identification.  $175 plus shipping and handling.
Shows major transmission lines, 230kV and greater
Identifies utility power plants 200 Mw and greater
Lists plant owners, operators, Mw, and fuel type
Investor-Owned Utility services areas of more than 10,000 consumers
Contains the North American Reliability Council (NERC) regions.	[IMAGE]
	[IMAGE]
	A must for industry professionals, the full-color Natural Gas Systems Map is one of the most accurate on the market.    SPECIAL!   NOW ONLY $99  plus shipping and handling.
Identifies more than 465,000 miles of natural gas pipelines in the United States, Canada, and the Gulf of Mexico
Features more than 2,685 interconnects and 260 underground storage sites
Includes major marketing hubs
Pipeline diameter, pipeline operator, and pump station details included for reference.
National, State and Provincial boundaries and capitols; and County boundaries. 	[IMAGE]
	Click Here To Download Order Form And Additional Information


The following was approved on June 1, 2000:

2 Year Term Options - 250,000 at 71.125

3 Year Term Options - 221,000 at 71.125

I will contact you when I have an amendment to your contract in hand.  Grant
agreements will follow.

Please call me if you have any questions.

Thanks - Mary x3-3993


Note: forwarded message attached.

__________________________________________________
Do You Yahoo!?
Yahoo! Auctions - buy the things you want at great prices
http://auctions.yahoo.com/
Content-transfer-encoding: 7BIT
Received: by mail2.aracnet.com (mbox dquillen) (with Cubic Circle's cucipop
(v1.31 1998/05/13) Tue Apr 17 12:28:25 2001)
X-From_: list-errors.2000000260.0.2000191297.002@boing.topica.com  Tue Apr 17
00:45:15 2001
Return-Path: <list-errors.2000000260.0.2000191297.002@boing.topica.com>
Received: from outmta022.topica.com (outmta022.topica.com [206.132.75.240])
by mail3.aracnet.com (8.11.0/8.11.0) with SMTP id f3H7jFC01900 for
<dquillen@aracnet.com>; Tue, 17 Apr 2001 00:45:15 -0700
To: Top5@topica.com
From: The Top 5 List <Top5List@topfive.com>
Subject: Top5 - 4/17/01 - Signs a Rapper Has Gone Nuts
Message-ID: <0.2000000260.39144736-915719520-987493442@topica.com>
Reply-To: Top5List@topfive.com
X-Topica-Loop: 2000000260
List-Help: <http://topica.com/lists/Top5/>
List-Unsubscribe: <mailto:Top5-unsubscribe@topica.com>
List-Subscribe: <mailto:Top5-subscribe@topica.com>
List-Archive: <http://topica.com/lists/Top5/read>
Received: (qmail 2906 invoked by alias); 17 Apr 2001 07:43:10 -0000
Received: (qmail 2901 invoked by uid 0); 17 Apr 2001 07:43:10 -0000
Received: from lsmls01.we.mediaone.net (24.130.1.20)  by inmta002.topica.com
with SMTP; 17 Apr 2001 07:43:10 -0000
Received: from custerdome (we-66-74-8-175.we.mediaone.net [66.74.8.175]) by
lsmls01.we.mediaone.net (8.11.1/8.11.1) with ESMTP id f3H7h9C18904 for
<Top5-*****@topica.com>; Tue, 17 Apr 2001 00:43:10 -0700 (PDT)
Date: Tue, 17 Apr 2001 00:45:42 -0700
MIME-Version: 1.0
Content-type: text/plain; charset="us-ascii"
X-mailer: Pegasus Mail for Win32 (v3.12c)
Content-Length: 6315

==================================================================
         T  H  E     T  O  P     F  I  V  E     L  I  S  T
                      Rest In Peace, Joey R.
==================================================================

  Today's Classic Top5:  Songs if the Artists Re-Made Them Today
         Read it on our website:  http://www.topfive.com
         To subscribe:  Top5Classic-subscribe@topica.com

                          April 17, 2001

                         NOTE FROM CHRIS:

         Rapper Sean Combs recently announced that he no
       longer wants to be known as "Puffy" or "Puff Daddy,"
           preferring instead to be called "P. Diddy."

             The Top 12 Signs a Rapper Has Gone Nuts

12> Stopped wearing a sideways baseball cap, and started wearing
    a tin-foil Napoleon hat.

11> Asks the press and to call him "G. Dubya."

10> Shows up at his next concert wearing a Catholic schoolgirl
    dress and raps about the cruelty of living under "Da Momma
    Supe."

 9> "All work 'n' no play makez Ice Tray a dull bo-weee.
     All work 'n' no play makez Ice Tray a dull bo-weee.
     All work 'n' no play makez Ice Tray a dull bo-weee..."

 8> His new video features him prancing around in a Dorothy
    outfit singing, "Ding, dong, the wi-otch is dead."

 7> Now wants to be known as "The Rapper Formerly Known As
    Simpering Girly Pee-Boy."

 6> Overheard telling Jennifer Lopez, "Quit shaking that thing
    in my face, and go put some clothes on already!"

 5> Wears his white do-rag after Labor Day.

 4> Produces double album of nothin' but songs about Madeleine
    Albright's ass.

 3> On election day, announced he's switching party affiliation
    to West Coast.

 2> "Help the po-lice, 'cuz it's nice when they're around.
    We need 'em cuz they protect our town."

    and Topfive.com's Number 1 Sign a Rapper Has Gone Nuts...

 1> "The wheels on the bus go 'round and 'round!  Woah!  Yeah!"

              [  The Top 5 List   www.topfive.com  ]
              [   Copyright 2001 by Chris White    ]

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

             NEED SOME POST-TAXDAY PURCHASING POWER?

                      NextCard Internet Visa
           *  Instant Approvals -- GET APPROVED TODAY!
                  *  As low as 2.9% Intro APR!!

        http://www.nextcard.com/index6.html?ref=aff0034962

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

                      Rumination of the Day

            As far as ineffectual suicide methods go,
                    I'm sticking with Visine.

                       (Christy Simuangco)

  To subscribe to Ruminations:  Ruminations-subscribe@topica.com

==================================================================
Selected from 150 submissions from 57 contributors.
Today's Top 5 List authors are:
------------------------------------------------------------------
Doug Finney, Houston, TX          --  1  (5th #1 / 3rd in a row!)
Dan Johnson, Champlin, MN         --  2
Wade Kwon, Birmingham, AL         --  3
Rob Knapp, Charlotte, NC          --  4
David Hyatt, New York, NY         --  5
Martin Bredeck, Hybla Valley, VA  --  6
Mark Niebuhr, Minneapolis, MN     --  7, Banner Tag
Steven Wilber, Pomeroy, WA        --  8
Curtis Matthews, Kennesaw, GA     --  9
Beth Gaynor, Columbus, OH         -- 10
Dave Wesley, Pleasant Hill, CA    -- 11  (Hall of Famer)
Jason Anderson, Birmingham, AL    -- 12
Jody LaFerriere, Leominster, MA   -- Topic
Doug Finney, Houston, TX          -- Runner Up list name
Larry Hollister, Concord, CA      -- HM list name  (Hall of Famer)
Slick Sharkey, Miami, FL          -- List moderator
Chris White, Los Angeles, CA      -- List owner/editor
Russell "O.D.B." Jones, Brooklyn, NY  -- Ambience
 -> Ambience explanation: http://www.topfive.com/arcs/am041701.htm
------------------------------------------------------------------
               "M.C. Lamer"    and    "Hip Hopeless"
         The Runners Up and Honorable Mention submissions
   The Runners Up and Honorable Mention submissions for today's
    list can be found on our website:  http://www.topfive.com
==================================================================
[       T  H  E     T  O  P     F  I  V  E     L  I  S  T        ]
[  TOP5 -- The Home of Original Humor    http://www.topfive.com  ]
[----------------------------------------------------------------]
The Top 5 List   (original lists)        top5-subscribe@topica.com
Top5 Classic     (greatest hits)  top5classic-subscribe@topica.com
Ruminations      (odd thoughts)   ruminations-subscribe@topica.com
The Daily Probe  (news satire)          probe-subscribe@topica.com
The Whack Report (real stories)         whack-subscribe@topica.com
The Kid Report   (kid stories)      kidreport-subscribe@topica.com
Gadget Geek      (cool stuff)      gadgetgeek-subscribe@topica.com
==================================================================
[      Copyright 2001 by Chris White   All rights reserved.      ]
[    Do not forward, publish, broadcast, or use in any manner    ]
[     without crediting "The Top 5 List at www.topfive.com"      ]
==================================================================
[    To unsubscribe: Send mail to Top5-unsubscribe@topica.com    ]
[            To bitch at the owner: chris@topfive.com            ]
[                     http://www.topfive.com                     ]
==================================================================

============================================================
Save on all your monthly bills!
LowerMyBills.com has compared 100's of providers so you
don't have to. Our free service guarantees you savings on
everything from Insurance to Long distance.
http://click.topica.com/caaabPfclvXASclwLh7f/LowerMyBills
============================================================

==================================================================?EASY UNSUBSCRIBE click here: http://topica.com/u/?clvXAS.clwLh7?Or send an email To: Top5-unsubscribe@topica.com?This email was sent to: dquillen@aracnet.com??T O P I C A  -- Learn More. Surf Less.?Newsletters, Tips and Discussions on Topics You Choose.?http://www.topica.com/partner/tag01?==================================================================


Chris looked these over and we agreed to just re-send the original
confirmation letter, because the ISO may make cuts again - in fact, the
revised confirm is no longer correct. I put a comment in the deal instructing
no revised confirms to be sent, per Chris Foster.

Also, Chris noticed that the counterparty contact name in the letters was
incorrect. The new contact at ARCO is Alicia Izarraraz. Her number is (562)
499-3234. I hope this helps.

Thanks,
Kate

	From:  Sharen Cason                           01/24/2001 01:00 PM

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

Subject: more on #500966

This is the original confirmation letter we sent out.

Unfortunately, before I found out anything about all this, I sent out a
revised confirmation when the deal was changed and went into a pending
status.  This is the revised confirmation letter that went out.

These are the only two that have been sent to the counterparty.  I have put a
note into the TAGG system that should let us know not to send another revised
confirmation.

Let me know if you need anything else.

Thanks for the phone list.  Kimberly Hundl is soooo jealous!


Attached is my interpretation of what we should be providing in response to
Request No. 20 based on the series of e-mails that Mary sent earlier this
week.  There is a word doc and several associated excel spreadsheets.   Note
that at least one of the excel spreadsheets actually contains multiple sheets.

Mary--it would be helpful if you could review this data in this form and let
the team know if it is the right info to be providing the CPUC in response to
No. 20.  I don't think this info should be sent until Mary has had a chance
to review it and approve.

MDS


Carol Huston
10087 88th St N
Seminole, FL 33777-1809
carolhuston@yahoo.com

To Mr. Ken Lay,

I'm writing to urge you to donate the millions of dollars you made from selling Enron stock before the company declared bankruptcy to funds, such as Enron Employee Transition Fund and REACH, that benefit the company's employees, who lost their retirement savings, and provide relief to low-income consumers in California, who can't afford to pay their energy bills.  Enron and you made millions out of the pocketbooks of California consumers and from the efforts of your employees.

Indeed, while you netted well over a $100 million, many of Enron's employees were financially devastated when the company declared bankruptcy and their retirement plans were wiped out.  And Enron made an astronomical profit during the California energy crisis last year.  As a result, there are thousands of consumers who are unable to pay their basic energy bills and the largest utility in the state is bankrupt.

The New York Times reported that you sold $101 million worth of Enron stock while aggressively urging the company's employees to keep buying it.  Please donate this money to the funds set up to help repair the lives of those Americans hurt by Enron's underhanded dealings.

Sincerely,

Carol Huston


Please clear your calendars for lunch on Wednesday, March 8th from 11:30 -
1:00. This will be a lunch for the Management team ONLY (meaning no Brenda).
I will take suggestions until Monday and then I will be making reservations.

If you have any questions, please call!

Thank you!
Yvette
x3.5953


I think you guys are doing a great job and are very timely in the requests we
submit.  The only area I see for improvement is better follow up on access
requests to the systems.  I am very happy with reim requests and general
assistance you provide.  Thanks.
PL


Sounds good.  The extra time may enable us to firm up our concepts, add
structures and beef up the presentation.

When pricing these structures, consider our long option position with the
LM6000's:  Since everything is notional, we could add 90 MW of unit
contingent calls starting next summer and an additional 200MW starting in 02
coming from LV Cogen.  Not terribly clean, but we should be a better offer
than the desk, and Sempra's bid may be better than the desk's bid.

From: Laird Dyer on 10/20/2000 10:38 AM
To: Christopher F Calger/PDX/ECT@ECT, Jeff Dasovich/NA/Enron@Enron
cc: Michael McDonald/SF/ECT@ECT
Subject: Sempra

Chris,

Jeff and I have spent some time discussing Sempra issues and decided to use
the meeting delay as an opportunity to develop some power price structures
that may be interesting to them. This is all driven by PG&E's recent move to
fix prices for upwards of 1,000 MW's.  The pressure will be on SDG&E and SCE
to do likewise.

 I will be in Portland on Monday and hope to get some time with you to
discuss this but wanted to provide you with a preview.

Jeff and I discussed some structures that might be attractive to Sempra given
the regulatory and shareholder risk they face should they (1) continue to buy
power at market prices and/or (2) lock in a fixed price:
(a) costless collar,
(b) fixed price coupled with writing long-dated puts, and
(c) price cap.

These structures are intended to address Sempra's risk exposure.  Our
underlying understanding is:
1)  Continued purchases @ market exposes Sempra to substantial regulatory and
shareholder risk,
2)  Fixing the price mitigates both of these risks,
3)  A costless collar arguably keeps Sempra in the market limiting their
exposure to higher prices but allowing them to benefit from lower prices,
4)  Writing the put generates a premium which can be applied to lower a fixed
price, and
5)  Holding a call eliminates their exposure to high prices and allows them
to benefit from lower prices.

With that said, I expect the cost of the call to be huge.  However, the
costless collar and fixed price with a put could be attractive.  The only
problem with collars is that our bid-offer spread typically skews the band
such that if the underlying price were $50, a cap with a $70 strike would be
associated with a $40 strike on the put.

Our thought was to get some notional prices and but together a few plots to
illustrate how these products work.

What do you think?

Laird


In an attempt to continue cross training on our desk,  Jackie and Susan will
be switching duties.
Jackie will start training on Susan's desk and Susan on Jackie's and the
transition will last most
of March and they will finalize it with April business.  It is important that
we start communicating the
changes to our customers and make it as smooth as possible on them.  Thanks,
Pat


what do i know - i dont know anything.

 -----Original Message-----
From: 	Griffith, John
Sent:	Thursday, October 18, 2001 3:26 PM
To:	Villarreal, Alexandra
Subject:	RE:

Oh no, that is too short of a response.  Please don't be upset.  I want to be with you sooooooooooo bad.  I hope you know that.

 -----Original Message-----
From: 	Villarreal, Alexandra
Sent:	Thursday, October 18, 2001 3:26 PM
To:	Griffith, John
Subject:	RE:

thats fine

 -----Original Message-----
From: 	Griffith, John
Sent:	Thursday, October 18, 2001 3:23 PM
To:	Villarreal, Alexandra
Subject:

Oh by the way, I am going to take my car in on Monday, so maybe you can give me a ride on Monday.  I will let you know, thanks for the offer.  I do not know what I am doing this evening yet.  Probably not have time to do anything, I thought I would.  I am sorry.   I would like to meet for breakfast though.  Hope you have time.

I miss you today.


Mary informs me that the Cal ISO has filed (1-30-01) with FERC that it will
not be filing a new Congestion Management proposal at FERC as required in
previous Orders.

She thinks now is an opportune time to challenge the legitimacy of the new
Cal ISO Board (Gov Davis' actions).   I also think that we need to put
forward our own solution (if we have one).

I would appreciate everyone's opinion as to the (a) likelihood that FERC
would finally address the matter, (b) end result if FERC does deal with the
issue, (c) and the politics in Sacramento / CPUC of taking this position.
Also, who else is going to weigh in on our proposal?

Jim


Kim:

Is the legal entity for PacificCorp:	PacificCorp Power Marketing, Inc.?  Is there only an entity for financial power?

Thanks.  Sara

 -----Original Message-----
From: 	Theriot, Kim S.
Sent:	Tuesday, September 18, 2001 12:30 PM
To:	Shackleton, Sara
Cc:	Cordes, Kathryn; Taylor, Mark E (Legal); Greenberg, Mark; Hansen, Leslie
Subject:	ConfirmLogic Target Customer List-Legal Entity Name
Importance:	High

Sara,
See attached spreadsheet which shows the legal entity names by counterparty for each commodity.  Name differences between the commodities are highlighted in Blue.

Kim Theriot

 << File: Top20 Legal Entity Names.xls >>

 -----Original Message-----
From: 	Shackleton, Sara
Sent:	Monday, September 17, 2001 9:56 AM
To:	Theriot, Kim S.
Cc:	Greenberg, Mark; Cordes, Kathryn; Taylor, Mark E (Legal); Hansen, Leslie
Subject:	ConfirmLogic Target Customer List

Kim:

I am reviewing the list of 20 target customers dated 9/14/01 in an effort to set up a document drafting timetable.

For financial trading purposes, I need an accurate list of trading counterparties reflecting the complete name of each legal entity.  Also, if a company is split into more than one legal entity (such as power and gas) for financial trading purposes, I need the names of both entities.

Thanks.

Sara Shackleton
Enron Wholesale Services
1400 Smith Street, EB3801a
Houston, TX  77002
Ph:  (713) 853-5620
Fax: (713) 646-3490


Need phone number

New cellular phone


Hello Team,

I would like to take this opportunity to thank each and every one of you for
taking the time out of your busy schedules to discuss the above-subject
career opportunity with Enron.

I was then and still am thoroughly interested in the Sr. Legal Specialist
position. The job responsibilities and challenges discussed for the position
and the amount of work available is enlightening and very much welcomed. As
discussed, I believe my current background and skills fit perfecly into the
scheme of the position. It would definitely be an honor and a pleasure to be
a member of the group and Enron. I cannot wait to get started!

I realize that you have additional applicants that you are considering for
this position, however, I firmly believe that my past and present experiences
makes me the best candidate for the Sr. Legal Specialist position.

I am a quick learner, good listener, open-minded and adaptable to any given
situation, and I thirst for knowledge. Learning "swaps and derivatives" will
be a welcomed and exciting challenge.

If there is any additional information you may need during your decision
process, please contact me directly at (713) 276-5564 or e-mail me at
Duhdo@Gardere.com.

Again, thank you for the opportunity. Have a great weekend!

I look forward to seeing and talking to all of you again.

Don Duhon

P.S. My intention is to send this e-mail to all members of the swaps and
derivatives group who interviewed me today. Please distrbute this e-mail to
all those individuals of the group who did not receive a copy. Thank you.


Here's How You Can Have a Brand New Credit Profile in 24 Hours!
The Best Part is... It's 100% Legal, 100% Ethical, and Fully GUARANTEED!

--------------------------------------------------------------------------------
Dear Friend,
Do you have bad credit, judgements, bankruptcies or
any other credit problems? Does it seem like your bad
credit is holding you back from qualifying for a major
credit card, car loan, or even a department store card?

Are you sick of the embarrassment of being rejected at
your attempts to get any credit at all? If so... I've got
some extremely good news for you.
--------------------------------------------------------------------------------

I Will Show You Precisely How to Get a New, Separate, Clean
Credit File... and it will be Clear of Any Past Credit History!

And it's 100% LEGAL!

It doesn't matter, if you have judgements!
It doesn't matter, if you've filed for bankruptcy!
It doesn't matter, if you've been foreclosed!
It doesn't matter, if you have a tax lien!
It doesn't matter, if have been a slow payer in the past!

It Doesn't Matter, Because Your Credit File Will Be Completely
New And Completely Independent Of Any Negative Past File!
With my kit...within the next 60 days, you will quickly and easily

Get ALL Major Credit Cards
Learn Basic and Advanced Credit Billing Techniques
Get Bank Loans FAST and Simple
Get Mortgages NOW
Have AAA Credit on "Your Brand New File" in 30-60 Days
Get INSTANT Credit From Real Department Stores
Car Loans FAST and SIMPLE

And much, much more!

CLICK HERE TO LEARN MORE!
http://www.barachamismo.org/newcreditfile/index.html?marketing_id=cr44

--------------------------------------------------------------------------------
This email was sent to you by Coconut Bay Marketing Services in full compliance with all existing and proposed email legislation. You may automatically remove yourself from any future mailings by clicking here. http://www.barachamismo.org/remove.html  The reply address on this email was active at the time this email was sent. Coconut Bay Marketing Services, SJO3016 PO Box 025216, Miami, FL 33102