---------------------- Forwarded by Greg Whalley/HOU/ECT on 09/13/2000 09:28
AM ---------------------------

Andy Zipper@ENRON
09/13/2000 09:24 AM
To: Greg Whalley/HOU/ECT@ECT
cc:
Subject: From today's NGI

I think we should discuss our response to this.
---------------------- Forwarded by Andy Zipper/Corp/Enron on 09/13/2000
09:16 AM ---------------------------
From: Bob Shults@ECT on 09/13/2000 09:03 AM
To: Andy Zipper/Corp/Enron@Enron, Louise Kitchen
cc:

Subject: From today's NGI

FYI
---------------------- Forwarded by Bob Shults/HOU/ECT on 09/13/2000 08:57 AM
---------------------------

From:  Rahil Jafry
 09/13/2000 08:57 AM

To: Bob Shults/HOU/ECT@ECT, Daniel Diamond/HOU/ECT@ECT
cc:
Subject: From today's NGI

EnronOnline Market Power Under Fire

The simmering pot of market concerns regarding the market power of
EnronOnline finally boiled over in public yesterday at Chicago's LDC Forum. A
representative from EnronOnline had to fend off verbal attacks from
competitors and from the audience, who criticized the system as giving Enron
the ability to manipulate prices and provide it with an unfair advantage over
competitors.

Scott Coleman, an official at Altra Energy Technologies, said proprietary
systems like EnronOnline, and systems being developed by a consortium of
large market players, represent a danger to the health of the energy industry
because of their current or potential market power. Altrade operates its own
independent online exchange that is one of Enron's biggest electronic
competitors. It differs from EnonOnline in that various buyers and sellers
trade with each other with Altrade serving to clear the transactions. On
EnronOnline, Enron posts bid and asked prices and is a party in every
transaction.

The proprietary EnronOnline trading system has been accused of market
manipulation mainly because of its tremendous growth since going live last
November and because of the market strength of its operator, Enron Corp.

Enron is the energy industry's largest marketer/trader/risk manager and one
of the largest natural gas pipeline operators. About 60% of its marketing and
trading business today is done over the EnronOnline system. Critics charged
that EnronOnline provides a tremendous advantage to its parent because all of
the transaction data is thrown into a historical database that is available
only to Enron.

EnronOnline has handled more than 280,000 transactions worth $140 billion
since going live. The proprietary system handles about 2,000 transactions
every day with a value estimated at $1 billion, and most of its online
business is natural gas and power sales and purchases.

Why has the system been so successful? It's free, easy to use, low risk and
there is a tight bid-ask spread, both EnronOnline and its competitors note.
There's no special hardware required; everything is on the web and a
transaction is as simple as a couple clicks of the mouse. It also provides a
broad variety of information, including prices on 1,000 products, and is
supported by the largest energy marketing firm. Although there are many other
systems out there, few if any have the content, ease of use and price
discovery of EnronOnline.

Critics claimed that power enables EnronOnline to "soak up liquidity" in the
marketplace, and in doing so give itself a tremendous advantage over its
competitors. With each trade, Enron gains a little bit more information about
its competitors' positions in the market.

"Over the long term I think the market will always correct itself," said
Altra's Coleman. "But in the short term, I think if any one player has enough
of a presence in any one market they can cause prices to move in one
direction or another."

EnronOnline Director Bob Shults said the company is simply "providing a
service for our customers, particularly a bid and ask. But I don't think
Enron has the ability to move markets. We are just putting a bid and ask out
there, and if people want to buy at our prices, then fine. If people want to
sell at our prices, fine then sell it. I don't think we have the market
manipulation capability people suspect... We are not bigger than the
marketplace."

When asked specifically about historical data collected on those who use the
system, Shults denied the company studies the buying and selling patterns of
its competitors with an eye toward manipulation --- sort of the "Big Brother"
of the energy marketplace.

"The historical information is not available," EnronOnline's Shults admitted.
"We just started calculating the indices and price reports... We are now
providing that information to the market so everyone else has that
information as well." He said Enron does not retain information about those
who use its system.

Shults did, however, warn that the system will make the U.S. energy market
much more closely connected to the global marketplace in the future. With
increasing demand for LNG imports and rapid price discovery of worldwide
commodities on EnronOnline, for example, market activity in Africa and the
Far East could have a more immediate impact on domestic markets.

Quoting analysis conducted by Forester Research Inc., Shults also predicted
electronic exchange revenues could grow from $500 billion this year to more
than $3 trillion in 2004-2005.

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

,Copyright 2000 Intelligence Press Inc. All rights reserved. The preceding
news report may not be republished or redistributed, in whole or in part, in
any form, without prior written consent of Intelligence Press, Inc.

Copyright ,2000 Intelligence Press Inc. All rights reserved.


FYI.
---------------------- Forwarded by Susan Musch/ENRON_DEVELOPMENT on
04/12/2000 08:41 AM ---------------------------

Shari Stack@ECT
08/10/99 03:16 PM
To: Susan Musch/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:

Subject: Re: Financial Trading in Australia

as discussed
---------------------- Forwarded by Shari Stack/HOU/ECT on 08/10/99 03:16 PM
---------------------------

David Minns@ENRON_DEVELOPMENT
08/10/99 02:55 AM
To: Shari Stack/HOU/ECT@ECT
cc:
Subject: Re: Financial Trading in Australia

Shari see attached. Paul Quilkey is going to arrange a phone hook up to see
if we can finalise this matter.

Shari Stack@ECT
05/08/99 04:12
To: David Minns/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Scott.Farrell@msj.com.au
cc:

Subject: Financial Trading in Australia

We met with Gary Hickerson and Paul Quilkey late last week and explained our
findings. It now appears that whilst the primary purpose for transacting is
to hedge existing risks (as explained in my memo of 7/29), Gary wants to be
able to enter into Transactions (also as defined in my memo) - particularly
the purchase and sale of equities - on a more proprietary/speculative basis.

Therefore, he has asked that we look into what it would take for us to obtain
a Securities Dealer's License. I would be grateful if you could please
prepare a short memo and set forth what the capital requirements, reporting
requirements, monitoring, experience and education level of staff,
performance bond, exact level of "surplus liquid funds", length of time for
application to be processed, ongoing obligations, etc... would realistically
be.

I know these topics were generally addressed in Scott's fax of July 14th but
I would be grateful if one of you could please condense this and give us
specifics that we can present to Gary. Please call me if you want to discuss.

Many thanks,

Shari


Did our HR guys get the apartment lined up for me yet?  I'd like to get that available for my trip to Houston next wk.    DF


Toni Paris
9075 N Range Line Rd
River Hills, WI 53217
ttbp50@hotmail.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,

Toni Paris


Susan, I will be in on those two dates and would be more than happy to cover for you.

adr

Audrey D. Robertson
Transwestern Pipeline Company
email address:  audrey.robertson@enron.com
(713) 853-5849
(713) 646-2551 Fax

 -----Original Message-----
From: 	Wadle, Susan
Sent:	Tuesday, January 22, 2002 1:27 PM
To:	Gadd, Eric; Hyatt, Kevin
Cc:	Armstrong, Julie; Robertson, Audrey
Subject:	Second Cataract Surgery

I've scheduled my second eye procedure for February 14, so will be out of the office both the 14 and 15.  Julie would you and Audrey please look at your schedules and see if you might be available to cover either or both of those days.  I would appreciate it.  Thanks.


Russell,

As discussed, attached is the model for the City of Mesa deal. Here is the
summary....

ENA is currently selling gas to the City of Mesa at a fixed price of
$3.74/mmbtu.  It is a 1 year deal that began in August of 2000 and expires in
July 2001.
City of Mesa wants to use the value in this contract to buy down an new index
(physical delivery) deal that begins August 2001 and ends January 2002.
They are willing to raise the price on the existing deal to about $4.50/mmbtu
and use the value to discount the new floating index deal about $.30/mmbtu

The summary page is the best place to start and probably has all the info you
need for your analysis.

Again, the orginators (Dave Fuller and Jeffrey Oh, Portland) are looking to
transact on Monday (Jan 22).

Let me know if you have any questions.  I will touch base with you
mid-morning on Monday.

Thanks in advance,

Eric


I need your American Express card number in order to secure airfare and
lodging for your upcoming El Paso trip.

Thanks,

Kathy


I had a really big lunch, even cake, so now eating out of the fridge (if at
all) sounds ok.  I got a really nice bottle of white wine from Andrews &
Kurth.  I put it by the window to cool off.

I've worked with three trial lawyers from K & S, and they are really good.
However, K & S represents American Express.  Keffer tells me that you used a
guy at Bracewell that you liked, and that this person has now started their
own firm.  John drew a blank on the name, but will call me back with the name
and number.

Enron also likes Gibbs & Bruin, a litigation boutique in Houston. I believe
the main contact's name is Robin Gibbs, but that is also the name of one of
the Bee Gee's, so I could be wrong.  Can you check the internet and see?  If
not, I will look in a minute.

Love,

Kay


Hey Eva,

Got your message, was waiting for you to write more.  I'll have to check with
Sandra, but I haven't heard her say if she got your postcards.

Robin came back from her honeymoon and you can't tell when she's blushing
she's so red.

The last two AGA's have been great.  One was a 40 cent move and the other was
20 cents (what's better than Wednesdays?).

That's it for now.

Must go see Suey.

- Big Lew


The attached preliminary comments were finalized and filed with the
Commission this afternoon, in order to provide FERC staffers a concise,
effective statement of our position while they drafted the Judge's
recommendation.  I was able to schedule a meeting with Judge Wagner, at which
Dan Watkiss and I stepped the Judge through the comments and hit the
following high points:

1.  The methodology of the June 19 order does not work and is totally
inappropriate for marketers.  If price mitigation is inevitable, the Judge
should formulate or make allowances for a workable methodology.

2.  The Judge should recommend that the end result of any Commission order
must be a just and reasonable finding for all periods, both prior to and
after October 2.

3.  All buyers, including Enron, should be entitled to refunds; not just the
State of California and its IOU's.  Enron is a net purchaser in these markets.

4.  Only the state administered spot markets should be subject to the
methodology, not bilateral contracts, OOM sales or sales to the DWR.

The details of these points appear in the attached document.  The Judge was
receptive to most points.  He understood the problems that the June 19
methodology presents for marketers and was agreeable to the notion that this
should be addressed, perhaps in the context of the hearings that will form
part of his recommendation.  He agreed that the actual buyers should receive
refunds, and it was his understanding that only spot transactions should be
subject to the refund methodology.  Although he agreed that the refund
methodology, once implemented, should yield just and reasonable rates, he
felt that this was outside the scope of his recommendation and that the
matter was up to the Commission.  The Judge spoke generally and no promises
were made as to the content of his recommendations, but hopefully this
insight will shed some light as to the outcome.  I urged the Judge to
recommend placing conditions to refunds, as the Commission did in its June 19
order with its RTO filing requirement.  The judge was noncommittal on this,
although he did indicate that he felt refunds should be subject to offset.

Next steps include filing our detailed comments by Thursday.  The Judge told
us he would certify his recommendation to the Commission on Friday, and that
the comments would accompany the recommendation.  Thereafter, it is likely
that the Commission would defer to the Judge's recommendation to hold a fast
track evidentiary hearing of 60 days duration, to determine "unresolved
issues of material fact".  The scope of the hearing has not been determined,
but  will probably include cost issues and might serve as a vehicle for
marketers to recommend an alternative methodology.


Phillip:

I have a meeting tomorrow morning with the Oregon PUC staff to discuss a
number of pricing and supply issues.  Can I use the information attached to
your e-mail in the meeting with staff?

Paul

To: Christi L Nicolay/HOU/ECT@ECT, James D Steffes/NA/Enron@ENRON, Jeff
Dasovich/NA/Enron@ENRON, Joe Hartsoe/Corp/Enron@ENRON, Mary Hain/HOU/ECT@ECT,
pallen@enron.com, pkaufma@enron.com, Richard B Sanders/HOU/ECT@ECT, Richard
Shapiro/NA/Enron@ENRON, Stephanie Miller/Corp/Enron@ENRON, Steven J
Kean/NA/Enron@ENRON, Susan J Mara/NA/Enron@ENRON, Rebecca W
Cantrell/HOU/ECT@ECT
cc:
Subject:

Attached  are two files that illustrate the following:

As prices rose, supply increased and demand decreased.  Now prices are
beginning to fall in response these market responses.


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Chris and Dave are coordinating.
---------------------- Forwarded by Mary Hain/HOU/ECT on 02/09/2001 09:40 AM
---------------------------

Paul Kaufman
02/09/2001 09:00 AM
To: James D Steffes/NA/Enron@ENRON
cc: Mary Hain/HOU/ECT@ECT
Subject: Re: Puget's 13 largest customers

We should probably make sure we're coordinated on this one.  Greg Wolfe has a
history on this one--apparently we've been contacted by Puget in the past, by
certain of the customers in the past, and by consultants to the customers.
Also, Dave Fuller was inquiring about Puget's customers as well.

I know a bunch of the folks involved and may be able to help bridge some of
the gaps--but my contacts are certainly not unique.

As a final note, we need to be careful as Robert McCullough used to consult
for Bellingham Cold Storage and GP--two of the companies involved in the
mess.  Robert is not a friend of ours.

From: James D Steffes@ENRON on 02/09/2001 08:28 AM CST
To: Paul Kaufman/PDX/ECT@ECT
cc:
Subject: Puget's 13 largest customers

FYI.

Jim

----- Forwarded by James D Steffes/NA/Enron on 02/09/2001 08:32 AM -----

	Mary Hain@ECT
	02/08/2001 12:14 PM

		 To: James D Steffes/NA/Enron@Enron
		 cc:
		 Subject: Puget's 13 largest customers

Chris Foster asked me for help with a Puget Sound Energy tariff that would
allow us a quasi direct access to Puget's largest customers.  In response to
his request I am sending him information about who the customers are, so he
can contact them.
---------------------- Forwarded by Mary Hain/HOU/ECT on 02/08/2001 10:23 AM
---------------------------

Mary Hain
02/08/2001 08:45 AM
To: Chris H Foster/HOU/ECT@ECT, Holli Krebs/HOU/ECT@ECT, John
Malowney/HOU/ECT@ECT
cc:
Subject: Puget's 13 largest customers

Air Liquide et al v. PSE

        Formal Complaint - Docket UE-001952

        This week, the Commission is hearing evidence regarding the level of
a "soft
        cap" on prices PSE charges some large customers.

        On January 26, Public Counsel and Commission Staff filed a joint
answer on
        the rate cap mechanism.

        On Jan. 22, the UTC approved a temporary "soft-price" cap for power
rates
        paid by 13 large industrial customers of Puget Sound Energy (PSE). A
        short-term soft cap would allow PSE to charge above the cap for power
costs
        if the utility was paying more than a maximum level.

        The order calls for a second set of proceedings to establish the
level of the
        temporary soft cap as a term under the provisions of Schedule 48 and
the
        PSE/Georgia-Pacific Special Contract. The cap would be in place
pending
        further proceedings to determine a final disposition of Schedule 48.

        Puget's 13 large industrial customers are: Boeing, Georgia-Pacific,
Air Liquide
        America Corp. CNC Containers, Equilon Enterprises, Air Products and
        Chemicals, Inc., Tesoro Northwest, City of Anacortes, Intel Corp.,
King
        County's Metro Wastewater Treatment Division, Olympic Pipe-Bayview,
        Qwest and MCI WorldCo


?
Dear Harry,
?
Hi How are you.
?
Long time since heard from you.
?
Things are fine at my end. I became father for the second time. A daughter
was born to us on 31st January. Both mother and baby are fine. Yet to
finalise a  name for her.
?
So how are you doing.? do reply
?
Love,
?
MUKUL MURARKA
?
?
?
?


Here is the latest LM 6000 Model.
Ben


With the addition of Merchant Finance under my leadership it has become
necessary to realign administrative duties to ensure that everyone's needs
are taken care of in a timely manner.  Please make a note of the  following
changes:

 Renee Ingram - 21   Kelly Ellis - 22
 Georganne Hodges   Mary Lynne Ruffer
 Greg Whiting    Susan Helton
 Todd Warwick    Troy Klussmann
 Faith Killen    Jim Pond
      Jody Pierce

 Nicole Mendez - 17
 Hope Vargas
 Mike Galvan
 Pam Becton
 1 New Manager


Jim, I agree - lets put a plan in place to ensure appropriate representation
at these ISO's (not unlike PAC) and ensure that FERC is not abdicating their
responsibilities.

The three of us probably need to get together and discuss tactics around a
number of issues.

Jim, I am also curious where you are in your thoughts and plans given your
new role.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 06/29/2000
06:48 PM ---------------------------

James D Steffes@EES
06/29/2000 04:06 PM
To: David W Delainey/HOU/ECT@ECT
cc: Richard Shapiro/HOU/EES@EES
Subject: Re: california

Dave --

To your direct question of should Enron take a more active role in supporting
or nominating Board members, I agree fully.

I would add the following thoughts:

First, I think that Enron's key position in terms of ISO / RTO governance
should be that Boards (or the leadership and staff of transmission providers)
should be indifferent to the price at which the commodity trades.  ISOs and
RTOs should only worry about transmission, not the price of the commodity
they are transmitting.   Winning on this issue will be critical as RTOs are
proposed throughout the country to meet Order 2000 obligations.

Also, Enron needs to really go after FERC for abdicating its wholesale market
authority to ISOs, especially ISOs like in California that are dominated by
state political figures.  FERC is responsible for ensuring just and
reasonable rates, not some stakeholder Board established by state
legislation.  We need to argue strongly that FERC must take back this
authority in the near term and utilize its administrative procedures to
impose any market changes.

Finally, given that it will be some period of time before there is truly a
"financially indifferent" transmission provider under Order 2000, Enron must
take an active role in working within and through the Boards of the current
ISOs.   A good example is the way that Dan Allegretti works within the
NE-ISO.  These Boards and the ISOs are fundamentally political
organizations.  Our representatives must take the time to get to know the
people so that when key issues arise, we are able to influence the decisions.

Thanks,

Jim

David W Delainey@ECT
06/29/2000 12:22 PM
To: Richard Shapiro/HOU/EES@EES, David Parquet/SF/ECT@ECT
cc: John J Lavorato/Corp/Enron@Enron, Tim Belden/HOU/ECT@ECT, James D
Steffes/HOU/EES@EES, Kevin M Presto/HOU/ECT@ECT
Subject: california

Guys, good job with the California issues - we didn't get everything but we
managed the position in a very effective manner.

Jim, given our view to support the growth of the ISO structures as a
necessary evil and given the socio-political leaning of these entities,
should we be more actively or aggressively supporting or nominating directors
on these boards?

Jim/Rick, we need a full court press on this NEPool ICAP issue - Allegretti
is putting plan in place.

Regards
Delainey


Alicia
The only comment that I have to the swap schedules is that I think we need to
have an exception built into the arbitration language that permits us to go
to court to enforce the remedies that we describe in the confidentiality
section.  This probably hold true for all of the docs where we have
arbitration and a ca provision.  Alos, there may be some defined terms that
are now used in the new confidentiality language that haven't been defined
(i.e, Enron, Enron Put Agreement etc)  Finally, should we upper case
"affiliates" in the confidentiality   language and either use the ISDA def or
some other def?
Carol


Title: Taking Stock of Price-responsive Load Management Programs
URL(s):

http://www20.cera.com/eprofile?u=35&m=2750;

http://www20.cera.com/eprofile?u=35&m=2751;

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

In an October 17, 2001, CERA Conference Call and Web Presentation, Hope
Robertson discussed:

*  A primer on price-responsive load management programs

*  Customers and energy suppliers: Preliminary reactions

*  Challenges and impediments to making these programs successful

*  Is there a profit opportunity?  If so, for whom?

Please follow the above URL to view and listen to a replay of this CERA
conference call playback. When the Premiere Conferencing PlaceWare window
opens, simply enter your name and click the "View" button. A "recording key
code" is not required.

Hosted by Premiere Conferencing

**end**

E-mail Category: Conference Call Playback
CERA Knowledge Area(s): North American Power, Retail Energy

***********************************************************************
***********************************************************************
CERA's Autumn 2001 Roundtable event dates and agendas
are now available at http://www20.cera.com/event
***********************************************************************

To make changes to your cera.com profile go to:
http://www20.cera.com/client/updateaccount

Forgot your username and password? Go to:
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This electronic message and attachments, if any, contain information
from Cambridge Energy Research Associates, Inc. (CERA) which is
confidential and may be privileged. Unauthorized disclosure, copying,
distribution or use of the contents of this message or any attachments,
in whole or in part, is strictly prohibited.
Terms of Use: http://www20.cera.com/tos
Questions/Comments: webmaster@cera.com
Copyright 2001. Cambridge Energy Research Associates


Please give comments on our product list for Brazil.

Thanks,

Remi


Kay:

I'd like to talk to you about this in the morning...

-----Original Message-----
From: MedleyB@gtlaw.com@ENRON
Sent: Wed 5/23/2001 12:19 PM
To: Jacoby, Ben; awhite2@enron.com; Krimsky, Steven
Cc:
Subject: There is one more revision Debbie made in Paragraph 2b.

 <<7BHL07!.DOC>> I have blacklined it for your convenience.  Please call her
with any comments you may have.

_______________________________________________________________
The information contained in this transmission may contain
privileged and confidential information.  It is intended only
for the use of the person(s) named above. If you are not the
intended recipient,  you are hereby notified that any review,
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communication is strictly prohibited. If you are not the
intended recipient, please contact the sender by reply email
and destroy all copies of the original message.

To reply to our email administrator directly, please send an
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 - 7BHL07!.DOC <<7BHL07!.DOC>>


- enron breakdown  12-13 BOD.xls


Last Thursday, I made the first attached presentation to the FERC Staff at
the power marketer's meeting on the FERC's investigation of the wholesale
market in the West (and in particular California).  Ellen Wolf (of Tabors
Caramanis) and I created this presentation building on previous presentations
by Tim Belden and Dave Parquet.  In the presentation and the meeting we made
the following points:
There isn't much FERC can do because the cause of the price spikes is not in
the wholesale market.  We discouraged FERC from taking any action that would
hurt the vibrant wholesale market in the California and the rest of the West
as well.
High prices logically resulted from scarcity and if the Commission does
anything it should (1) investigate whether market power was being exercised
by any party and, (2) if necessary to protect the market (while still
incenting needed generation) establish a price cap at a scarcity rent level
equal to the price at which loads were willing to interrupt.
The IOUs have not properly prepared for the risk of high prices caused by
scarcity.  They have failed to hedge and have underscheduled their load,
therefore having to fill a large percentage of their load at ISO real time
prices.  My analogy was that this was like day trading your retirement fund
as an asset allocation scheme.
The market would function better if more information was provided to the
market.
The Commission should do whatever it can to incent participation by load.
To see the presentation, detach, save, and view in Powerpoint.  When you do,
you will find there are many "hidden" slides that were not part of the oral
presentation but were provided to Staff in hard copy for additional
information.

According to the head of the investigation (Scott Miller), the staff got alot
more out of this meeting than Staff's previous meetings with the IOUs and the
generators.  Based on the numerous phone calls I've been getting, the Staff
is looking into the data we provided.

I have also attached a revised version of the presentation that Tim sent to
Scott Miller on Friday.  Tim's version conveys the same message but takes a
different approach to conveying the message.  On Friday, Tim talked to Scott
and answered some additional questions.  Tim said that Enron is in favor of
eliminating the mandatory PX buying requirement and would like the IOUs to be
able to buy from Enron Online.  He also explained more fully the existence of
scarcity .


Buddie:  Solutions doc is in your in-box.  I'm moving on to SCE MOU
analysis.  Call if need anything. Best,
Jeff


To all

rough pass at EPC draw schedule in attached Excel for 2,3,4,5 and 6 unit
plants - assumes two week spacing on start up - based on normal simple cycle
deal. If we need to do major LM6000 payments up front then we should have a
front end weighted curve (I will go ahead and generate a front-ended curve
for each config) - depends on how we really extract each from WestLB deal -
above my pay grade to know those lofty things.

Data is based on ElectriCities installation schedule from Nepco, we are
working to see if we can compress actual time in field as part of reducing
project anticipated cost so might be better once Mike Coleman and Bruce work
our magic. % are from my vast experience and would be challenged and derided
if a real cost engineer looks at them but at least they add to 100% (I hope)
and sort of match our Hainan experience with three of these LM6000's.

Bruce


I spoke with Bill about this and he agreed it was a good idea.

Susan Flynn
08/04/99 02:41 PM
To: Tanya Rohauer/HOU/ECT@ECT
cc: Mark - ECT Legal Taylor/HOU/ECT@ECT
Subject: ECT North America Executed Master Agreements

 Tanya   - Is it possible that Credit could include the restrictions listed
on the Executed Master Agreement list (see current version in attachment
below) on your department's  Credit Watch List?    In one of our group
meetings, we were discussing this idea.   We thought it might more sense to
include the information on an existing report, instead of creating another
report.    Please let me know.

---------------------- Forwarded by Susan Flynn/HOU/ECT on 08/04/99 02:36 PM
---------------------------

Susan Flynn
08/04/99 02:32 PM
To: Information Risk Management/HOU/ECT@ECT
cc:
Subject: ECT North America Executed Master Agreements

 Please send the attached list to all ECT North America as a WORD DOCUMENT
today, Wednesday, August 4, 1999.   The subject should read as follows:   ECT
North America Executed Master Agreements.   The text should read as
follows:   See the attached list of executed Master Agreements (covering U.S.
and Canada financial transactions only).


Done.

D

	Enron North America Corp.

	From:  Megan Parker @ ENRON                           03/26/2001 11:14 AM

To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: Duke Energy Field 7/00

We are finally closing another month.  Please change the demand fee on deal
157278 for July 2000 from $33,239.39 to $22,159.22.

Thanks,
Megan


Marvia

Unfortunately I am unable to attend (I am getting married).

Apologies

John
---------------------- Forwarded by John Paskin/LON/ECT on 26/01/2001 07:56
---------------------------

	Enron Capital & Trade Resources Corp.

	From:  Sally Beck                           25/01/2001 23:31

To: Bob M Hall/NA/Enron@Enron, Brent A Price/HOU/ECT@ECT, Leslie
Reeves/HOU/ECT@ECT, Mary Solmonson/HOU/ECT@ECT, Beth Perlman/HOU/ECT, Peggy
Hedstrom/CAL/ECT@ECT, James Scribner/Corp/Enron@Enron, Sheri
Thomas/HOU/ECT@ECT, William S Bradford/HOU/ECT@ECT, Brenda F
Herod/HOU/ECT@ECT, D Todd Hall/HOU/ECT@ECT, Thresa A Allen/HOU/ECT@ECT, Scott
Earnest/HOU/ECT@ECT, Kevin Sweeney/HOU/ECT@ECT, Todd Busby/NA/Enron@Enron,
Shona Wilson/NA/Enron@Enron, Robert Superty/HOU/ECT@ECT, Michelle
Bruce/HOU/ECT@ECT, Vanessa Schulte/Corp/Enron@Enron, Jennifer deBoisblanc
Denny/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Wanda Curry/HOU/EES@EES, Laura E
Scott/CAL/ECT@ECT, Beth Apollo/HOU/ECT@ECT, Mike Jordan/LON/ECT@ECT, Steve
Whitaker/LON/ECT@ECT, John Paskin/LON/ECT@ECT, Richard Sage/LON/ECT@ECT,
Andrew Cornfield/LON/ECT@ECT
cc: Heather Choate/HOU/ECT@ECT, Chantelle Villanueva/HOU/ECT@ECT, Zionette
Vincent/NA/Enron@Enron, Marvia Jefferson/HOU/ECT@ECT, Cherylene
Westbrook/Enron@EnronXGate, Adrial Boals/Corp/Enron@Enron, Jennifer
Rosado/NA/Enron@ENRON, Yvette G Connevey/Corp/Enron@ENRON, Mercy
Gil/NA/Enron@Enron, Salisha Ramos/NA/Enron@Enron, Sue Foust/HOU/ECT@ECT,
Braedi Craig/NA/Enron@ENRON, Pamela Sonnier/HOU/ECT@ECT, Fiona
McNaught/LON/ECT@ECT

Subject: ASE on February 12-13, 2001 in Dallas, TX

On January 12, I hosted a brainstorming session at the Four Seasons hotel in
downtown Houston in which we assembled a number of ideas regarding mid and
back office services we could offer to the commodity industry.  To complete a
plan for launching this strategic commercial venture, we are hosting an
integrated design session facilitated by Cap Gemini Ernst & Young (CGEY) at
their Accelerated Solutions Environment in Dallas, Texas.

I am personally extending an invitation to you to participate in this design
session.  This is a critical two-day event to be held February 12th and 13th
in Dallas, Texas.   This work session is based on a unique approach called a
DesignShopv.  It is a very focused, activity-driven event that is composed of
various modules and exercises performed in small and large groups. If you
have not attended one of the DesignShops related to SAP, you will likely
regard this session as different from any working session you have previously
experienced. The prior DesignShops held in conjunction with SAP have proven
to be very successful.  Therefore, we have elected to utilize this same
methodology on this very critical and strategic venture.

A limited number of representatives from Enron will be attending.  You were
selected to be one of approximately 30 key individuals to participate in the
DesignShop. You are being asked to participate in the full two days with as
little distraction or interruption as possible.  The quality of our results
depends on each participant being fully engaged and participative for the
entire event.   Additionally, you will be relied on in the future to support
and communicate our commercial strategy as it is defined at this session.
This date was specifically selected to avoid critical operational periods so
that your participation can be maximized. Therefore, please make all
necessary arrangements at the office to minimize your distractions during
these two days.

Please review the attached information regarding hotel, flight information,
and transportation.  Preliminary information as to schedule and environment
has also been included.  You may direct any additional questions concerning
the event to Mary Solmonson at (713)-853-6079.

I hope that you will be able to participate.  Please confirm your attendance
for the two days with Marvia Jefferson at 713-853-9165 by January 29th 5:00
p.m.  If you are unable to attend, it may be appropriate to select someone
else to participate.  Please do not extend an invitation to anyone else to
take your place until you and I have discussed this.

I thank you in advance for your participation and look forward to seeing you
in Dallas!


----- Forwarded by Jeff Dasovich/NA/Enron on 07/10/2001 01:23 PM -----

	MDay <MDay@GMSSR.com>
	07/10/2001 12:32 PM

		 To: "'Jeff Dasovich  Enron SF'" <jdasovic@enron.com>, "'Rick Shapiro, Enron
Houston'" <rshapiro@enron.com>, "'Sue Mara at Enron SF'" <smara@enron.com>,
"'steve.kean@enron.com'" <steve.kean@enron.com>, "'steven.j.kean@enron.com'"
<steven.j.kean@enron.com>
		 cc:
		 Subject: Draft of Dunn letter

 <<X26059.DOC>>

Here is a preliminary draft of the letter to Dunn.  I have NOT been able to
assimilate and insert the press materials I got from Jeff this morning.  I
will be back from a commissioner meeting at noon California time and can
assist in further editing at that time.  I do believe that some of the press
material can be helpful.  Please send comments back by email.  I can be
reached by cell phone for part of the time during the next 90 minutes.  Mike
Day

cell 415-279-0702

 - X26059.DOC


Radio is reporting that Gov Davis has requested primtime radio and TV today
for a "historic" announcement.  Jeff and I are checking our sources to see if
we can get any info on it.  Likely to be something on public takeover of
Transmission.

Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854


Dear Eric,  Energy Secretary Spencer Abraham is recommending to the President that the government open the Yucca Mountain Facility in Nevada to store the nation's high-level nuclear waste.  On Friday from the Washington bureau, we'll have reaction to Abraham's decision and where the Yucca project goes from here.     On Friday, we'll bring you more comments from our interviews with Federal Energy Regulatory Commission members William Massey and Nora Mead Brownell.  Both Commissioners will give us a look at what's in store for the FERC in the upcoming year.   The White House faces a greater number of questions after Thursday regarding Enron's collapse.  The Department of Justice announced the start of a criminal investigation and Andersen employees admitted shredding Enron documents.  We'll keep you abreast of the situation in Washington on Friday.   A federal judge's decision to move the Enron bankruptcy case is still pending.  We'll continue to bring you reaction to Enron's plight and updates on the status of the case as 500 ex-Enron employees and investors are filing suit against the former energy giant.  From the Houston bureau on Friday, Fleming & Associates Attorney G. Sean Jez will join us to discuss the petition his firm recently filed.  The newest charges include fraud, civil conspiracy and negligence.  Catch the Jez interview during the 10:00 a.m. ET newscast tomorrow.   West Coast Correspondent Kym McNicholas traveled to the San Onofre Nuclear Generating Station on Thursday to bring us the latest on the investigation into the former plant employee who allegedly threatened supervisors.  One San Onofre plant official spoke with Kym about the heightened state of security, and on Friday we'll bring you their discussion.   British Petroleum Spokesman Ronnie Chappell will talk with us on Friday - He'll discuss BP's plans to scale back their operations in Alaska.  Join us during the 2:00 p.m. ET newscast for the Chappell interview.    Closing Prices for Thursday, Jan. 10, 2002    Crude: $20.38/bbl +$0.20   Unleaded: $0.5896/gallon +$0.0090   Heating Oil: $0.5533/gallon +$0.0154   Gas: $2.185/mmBtu -$0.043   Fwd uE(Feb.): $3.62/mmBtu +$0.08   Keep in mind things are subject to change at a moment's notice. Occasionally guests have to reschedule or change time slots.  We'll continue to do our best to keep you updated on future interviews and events.     Be sure to watch our newscasts every business day - 9 a.m. to 5 p.m. ET, at the top of each hour.

	 	Jay Rickerts, EnergyNewsLive.com Anchor  View today's Energy Wrap Video Windows Media Player: 56K  | 100K  | 300K  Real Player: 56K  | 100K  | 300K  (Requires Windows Media Player or Real Player )   Experience all that Williams Energy News Live has to offer!   If you are receiving this letter for the first time and wish to continue, subscribe now    To stop receiving this letter, unsubscribe now    If you are having trouble receiving this e-mail, please let us know  or  call (800) WILLIAMS (800-945-5426) weekdays, 7am-7pm CST.    Comments? Suggestions? Let us  know  or  call (800) WILLIAMS (800-945-5426) weekdays, 7am-7pm CST.    Copyright 2001 Williams Energy News Live, LLC. All  Rights Reserved.


Start Date: 4/20/01; HourAhead hour: 5;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042005.txt


Darrell,

Grant just alerted me that I sent you only  part of the text.

Here is the full chapter with an aged version of Gran't part.
What I sent you represents an update of his contribution.

Sorry for that.

Vince


---------------------- Forwarded by Sara Shackleton/HOU/ECT on 01/07/2000
06:18 PM ---------------------------

"SmartPortfolio.Com" <admin_update@smartportfolio.com> on 01/07/2000 04:58:17
PM
Please respond to "SmartPortfolio.Com" <admin_update@smartportfolio.com>
To: Sara Shackleton/HOU/ECT@ECT
cc:
Subject: SmartPortfolio.Com Update: Markets Rally, Dow Hits Record High

The following is a FREE service brought to you by SmartPortfolio.Com,
located on the Web at http://www.smartportfolio.com
AOL users click here

Update January 7, 2000

Friday's Market Update: Markets Rally, Dow Hits Record High

 1. Friday's Market Action
 2. Internet and Tech Stocks
 3. Notable Earnings Announcements
 4. Notable Upgrades and Downgrades
 5. Stock Splits
 6. IPO Commentary
 7. IPO Calendar

************************Advertisement****************************

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

1.  Friday's Market Action

                        $ Change   % Change      Close
Dow Jones Industrials     +269.30     +2.39%   11522.56
S&P 500                    +32.43     +2.31%    1435.88
Nasdaq                    +155.39     +4.17%    3882.52
Internet Stock Index       +52.41     +6.76%     827.88

The Dow climbed to another record high while the Nasdaq racked up its
biggest point gain ever to rebound at the end of a week characterized
by extreme volatility.

Lucent Technologies (NYSE:LU) sparked today's Nasdaq rally and
simultaneously made history, becoming the most heavily traded stock in
a single session ever on the NYSE.  Shares of Lucent gained 1 3/4
(+3.37%) from Thursday's after-hours plunge following the warning
issued by the company after Thursday's markets closed that profits for
the world's largest telecommunications equipment maker would not meet
analyst expectations.  The announcement by Lucent, which was considered
a company-specific issue, propelled the stocks of its rivals in the
competitive telecommunications equipment market.  Shares of Nortel
Networks (NYSE:NT), a leading global supplier of telephone network
services, jumped 26.30% (up 20 1/4) to 97 1/4, while shares of
networking leader Cisco Systems (Nasdaq:CSCO) closed up 5 7/8 (+5.88%)
to 105 7/8.  Other telecom equipment stocks also advanced, with JDS
Uniphase (Nasdaq:JDSU) jumping 20.16% (up 30 1/16) to 179 15/16 , Ciena
Corp. (Nasdaq:CIEN) closing up 25.89% (up 11 7/8) to 57 3/4, and
Tellabs (Nasdaq:TLAB) rising 2 1/4 (+3.53%) to 66 1/16.

Today's market rebounds were bolstered by positive economic news, as
the Labor Department reported that the December jobless rate held firm
at 4.1% and that December's growth of U.S. jobs outside the farm sector
was the largest in five months.  While the announcement was a sign of
the continued strong economy, it also set the stage for increased fear
among investors that the Fed will raise interest rates when it meets in
early February.  The Fed has indicated that it is closely monitoring
the job market as it considers whether to raise interest rates in an
effort to cool the booming economy.

Contributing to today's market gains was a resurgent drug sector, with
Dow component Merck (NYSE:MRK) up 6 9/16 (+9.60%) to 74 15/16, Eli
Lilly (NYSE:LLY) gaining 4 13/16 (+7.27%) to 71, Schering Plough
(NYSE:SGP) moving up 5 1/16 (+11.79%) to 48, and Pharmacia & Upjohn
(NYSE:PNU) rising 2 11/16 (+5.69%) to 49 15/16.

Biotechs also performed well today with Amgen (Nasdaq:AMGN) gaining 6
7/8 (+11.25%) to 68, Biogen (Nasdaq:BGEN) rising 1 7/16 (+1.92%) to 76
3/8, Genentech (NYSE:DNA) up 8 7/8 (+6.93%) to 136 7/8, Immunex
(Nasdaq:IMNX) rising 9 7/16 (+10.42%) to 100.

Wal-Mart Stores (NYSE:WMT), the world's largest retailer, announced
that it will team up with Silicon Valley venture-capital firm Accel
Partners to form an Internet company, to be called Wal-Mart.com, which
is expected to enhance the giant retailer's Web site and bring more of
its shoppers online.  The partnership is also seen as a larger sign of
the move by leading retailers worldwide to become major players in the
competitive e-tail (online retail) market.  Investors reacted favorably
to the news, anticipating a major IPO of Wal-Mart.com in the future,
which sent shares of the Dow component rose 4 13/16 (+7.56%) to 68 1/2.
Meanwhile, shares of e-tailers performed well, with Amazon.com
(Nasdaq:AMZN) rising 4 (+6.10%) to 69 9/16, barnesandnoble.com
(Nasdaq:BNBN) gaining 1 9/16 (+10.55%) to 16 3/8, and CDnow
(Nasdaq:CDNW) edging up 9/16 (+5.81%) to 10 1/4, although E-toys
(Nasdaq:ETYS) dropped 1 15/16 (-8.24%) to 21 9/16.

Other big movers on the Dow helped drive the markets upward, with
Proctor & Gamble (NYSE:PG) rising 8 5/8 (+8.00%) to 116 1/2, General
Electric (NYSE:GE) closing up 5 21/64 (+3.66%) to 151, Johnson &
Johnson (NYSE:JNJ) gaining 3 3/16 (+3.44%) to 95 3/4, Coca-Cola
(NYSE:KO) rising 3 3/4 (+6.58%) to 60 3/4, and Honeywell (NYSE:HON)
closing up 3 (+5.36%) to 59.

2. Internet and Tech Stocks

For a FREE trial to SmartPortfolio.Com's in-depth analysis of selected
Internet stocks, please visit:  http://www.smartportfolio.com/freetrial
AOL users click
here

While telecom stocks helped drive the Nasdaq higher, telecom investors
were buzzing over the threat by Federal Communications Commission
Chairman William Kennard that regulatory action would be forthcoming if
the cable television industry and consumer electronics manufacturers
fail to resolve a standards dispute that is holding up the availability
of digital TV sets.  The parties have yet to reach an agreement over an
interface that would allow cable shows to appear on sets while
protecting the programs from being illegally copied.  Telecom stocks
came in with mixed results, as #1 U.S. long-distance carrier AT&T
(NYSE:T) rose 1 (+2.08%) to 49, Sprint Group (NYSE:FON) gained 9/16
(+0.89%) to 63 15/16, Winstar Communications (Nasdaq:WCII) closed up 1
1/2 (+2.21%) to 69 1/4, while Covad Communications (Nasdaq:COVD) fell 1
21/32 (-2.75%) to 58 1/2, Sprint PCS (Nasdaq:PCS) dropped 2 5/8 (-
2.78%) to 91 13/16.

In other telecom news, McLeodUSA (Nasdaq:MCLD), a leading provider of
local and long-distance telephone services, announced its intent to buy
Splitrock Services (Nasdaq:SPLT), the operator of a nationwide, high-
speed data network carrying over 2 billion minutes per month of
Internet traffic, for approximately $1.75 billion in stock in its
effort to expand its menu of offerings beyond voice telephone services.
Shares of McLeodUSA edged up 11/16 (+1.31%) to 53 1/4, while shares of
Splitrock jumped 21.75% (up 4 13/16) to 26 15/16.

Today's tech stock action also saw RealNetworks (Nasdaq:RNWK)
announcing its creation of an alliance with Universal Music Group, the
world's biggest recording company, which will allow consumers to use
RealNetwork's software to listen to music from Universal's wide array
of artists.  Under the agreement, Universal, a unit of Seagram Company
(NYSE:VO), will distribute RealJukebox, the digital music player
software developed by RealNetworks that lets users record and organize
songs on a computer.  Shares of RealNetworks rose 18 7/8 (+16.68%) to
132 1/16, while shares of Seagram edged lower 1/16 (-0.13%) to 48 5/8.

MicroStrategy (Nasdaq:MSTR) closed up 10 1/8 (+5.06%) to 210 3/8,
continuing its upward momentum gained from its 2-for-1 stock split
announcement on January 4.  The record date for the split is January 20
and the new shares will be issued on January 26, 1999.  The most recent
issue of the Smart!Splits Report forecasted the MicroStrategy split.
To find out how to subscribe to a FREE 2-week trial to the Smart!Splits
Report and learn about other potential stock splits, please visit:
http://www.smartportfolio.com/freetrials
AOL users click
here

Other big movers in the tech sector included: America Online
(NYSE:AOL), which gained 4 1/4 (+6.18%) to 73 following news of its
upcoming alliance with General Motors (NYSE:GM) to establish a link on
the Internet portal that would provide product information to vehicle
owners and prospective buyers; wireless communications giant Qualcomm
(Nasdaq:QCOM), which gained 9 15/16 (+7.10%) to 150; Chipmaker Intel
(Nasdaq:INTC), which rose 3 1/4 (+4.13%) to 82; Dell Computer
(Nasdaq:DELL), which closed down 1 13/16 (-3.78%) to 46 3/16; MCI
Worldcom (Nasdaq:WCOM), which remained unchanged at 47 3/16; and Sun
Microsystems (Nasdaq:SUNW), which rose 3 7/8 (+5.70%) to 71 7/8.

Leading Internet and tech stocks performed as follows:

Company                      $ Change   % Change      Close
Amazon (Nasdaq:AMZN)          +3 15/16     +6.01%     69 1/2
America Online (NYSE:AOL)      +4 5/16     +6.27%    73 1/16
Commerce One (Nasdaq:CMRC)        -3/8     -0.20%        188
Cisco (Nasdaq:CSCO)            +5 3/16     +5.19%   105 3/16
CMGI (Nasdaq:CMGI)             +23 3/4     +9.49%        274
Dell (Nasdaq:DELL)              -1 7/8     -3.91%     46 1/8
Ebay (Nasdaq:EBAY)                  -1     -0.74%    133 7/8
ExciteAtHome (Nasdaq:ATHM)        +5/8     +1.63%         39
Exodus (Nasdaq:EXDS)              +1/2     +0.58%     86 7/8
Intel (Nasdaq:INTC)           +2 15/16     +3.73%   81 11/16
Juniper (Nasdaq:JNPR)              +13     +4.17%        325
Lucent (NYSE:LU)                  +5/8     +1.20%     52 5/8
Microsoft (Nasdaq:MSFT)         +63/64     +0.89%  110 63/64
Oracle (Nasdaq:ORCL)            +5 3/4     +5.99%    101 3/4
Schwab (NYSE:SCH)               +1 1/2     +4.08%     38 1/4
Qualcomm (Nasdasq:QCOM)       +9 13/16     +7.01%    149 7/8
Qwest (NYSE:Q)                  +1 3/4     +4.73%     38 3/4
Yahoo (Nasdaq:YHOO)           +39 1/16    +10.61%    407 1/4

3. Notable Earnings Announcements

There were no notable earnings announcements today.  For a calendar of
recent and upcoming earnings announcements, visit:
http://www.smartportfolio.com/earnings.asp
AOL users click
here

4. Notable Upgrades and Downgrades

-- Upgrades - http://www.smartportfolio.com/upgrades.asp
AOL users click
here

Nortel Networks (NYSE:NT) was upgraded by Lehman Brothers to buy from
outperform and by SG Cowen to strong buy from buy.  Shares of the
communications equipment maker bolted 26.30% (up 20 1/4) to 97 1/4.

DuPont (NYSE:DD) was upgraded by ING Barings to hold from sell.  Shares
of the chemical and bio sciences company edged up 1/8 (+0.17%) to 71
5/8.

United HealthCare (NYSE:UNH) was upgraded by Bear Stearns to buy from
attractive.  Shares of the health care management company jumped 11.73%
(up 6 7/16) to 61 5/16.

Staples (NYSE:SPLS) was upgraded by Bear Stearns to buy from neutral.
Shares of the office supply retailer rose 1 3/8 (+5.74%) to 25 5/16.

SAP AG (NYSE:SAP) was upgraded by Morgan Stanley Dean Witter to
outperform from neutral.  Shares of the business application software
maker surged 30.64% (up 13 3/4) to 58 5/8.

McGraw-Hill (NYSE:MHP) was upgraded by Wasserstein Perella to strong
buy from buy.  Shares of the publishing company edged higher by 1/2
(+0.93%) to 54.

Tiffany & Co. (NYSE:TIF) was upgraded by PaineWebber to attractive from
neutral.  Shares of the jewelry retailer gained 5 7/16 (+7.06%) to 82
7/16.

-- Downgrades - http://www.smartportfolio.com/downgrades.asp
AOL users
click here

Lucent Technologies (NYSE:LU) was downgraded by numerous brokerage
firms, including, among others, Merrill Lynch (NYSE:MER) to near term
neutral from near term accumulate, Salomon Smith Barney to neutral from
buy, Lehman Brothers to neutral from buy.  See related story above.

Toys R Us (NYSE:TOY) was downgraded by Legg Mason to market perform
from outperform.  Shares of the toy retailer slipped 3/16 (-1.55%) to
11 15/16.

-- Coverage Initiation http://www.smartportfolio.com/initiated.asp   AOL users
click here

Dain Rauscher Wessels started coverage of the two major U.S.
automakers, Ford Motor Co. (NYSE:F) with a strong buy rating anf
General Motors (NYSE:GM) with a neutral rating.  Ford shares climbed 3
3/4 (+7.37%) to 54 5/8 and General Motors shares rose 3 1/4 (+4.54%) to
74 13/16.

Mortgage.com (Nasdaq:MDCM) was initiated by Bear Stearns with a neutral
rating, as was E-LOAN (Nasdaq:EELN).  Mortgage.com shares fell 1/32 (-
0.56%) to 5 9/16 and E-LOAN shares gave up 5/16 (-1.94%) to 15 13/16.

Deutsche Banc Alex. Brown started coverage of a number of Internet
health companies including PlanetRX.com (Nasdaq:PLRX) with a strong buy
rating and Healtheon/WebMD (Nasdaq:HLTH) and Drugstore.com
(Nasdaq:DSCM) with buy ratings.  PlanetRX.com was up 3/4 (+4.72%) to 16
5/8, Healtheon/WebMD was up 4 3/16 (+12.34%) to 38 1/8, and
Drugstore.com was up 3 1/8 (+10.25%) to 33 5/8.

5. Stock Splits

To obtain the latest information on stock splits, please visit:
http://www.smartportfolio.com/splits
AOL users click
here

This chart shows the companies that will split their shares during
the next 5 business days.  The "Pay" column shows the payable date.
The "Ex" column refers to the ex-date, the date on which the stock
begins to trade at its split-adjusted price.  The ratio refers to
the number of split shares stockholders will receive (a 2:1 ratio
means that stockholders will receive one additional share for each
share they already hold).

Company                                         Pay    Ex     Ratio

ColorMax Tech (Nasdaq:USEE)                    1/7    1/10    2:1
Daktronics, Inc. (Nasdaq:DAKT)                 1/7    1/10    2:1
Foundry Networks (Nasdaq:FDRY)                 1/7    1/10    2:1
InterNAP Network Services (Nasdaq:INAP)        1/7    1/10    2:1
Pegasus Systems (Nasdaq:PEGS)                  1/7    1/10    3:2
Red Hat (Nasdaq:RHAT)                          1/7    1/10    2:1
Satyam Infoway (Nasdaq:SIFY)                   1/7    1/10    4:1
Xcelera.com (AMEX:XLA)                         1/7    1/10    2:1
AVT Corp. (Nasdaq:AVTC)                       1/10    1/11    2:1
DoubleClick (Nasdaq:DCLK)                     1/10    1/11    2:1
MapInfo (Nasdaq:MAPS)                         1/10    1/11    3:2
TranSwitch (Nasdaq:TXCC)                      1/10    1/11    3:2
CMGI (Nasdaq:CMGI)                            1/11    1/12    2:1
Costco Wholesale Corp. (Nasdaq:COST)          1/13    1/14    2:1
Dynacq International (Nasdaq:DYII)            1/13    1/14    2:1
InterTAN, Inc. (NYSE:ITN)                     1/13    1/14    3:2

6. IPO Commentary

While the IPO market will kick into high gear in the coming weeks, it
is currently still in hibernation as only a handful of IPOs are
expected to come to market.  Insurance and investment services giant
John Hancock Financial Services (NYSE:JHF), one such upcoming IPO,
announced that is has lowered the expected price range for its proposed
IPO to $16 to $18 per share, from its $15 to $25 per share range that
the company set in mid-December.  The company expects that the IPO,
which will be underwritten by Morgan Stanley Dean Witter & Co.
(NYSE:MWD), will net $1.65 billion and, based on an initial price of
$17 per share, John Hancock's initial market capitalization would total
about $5.64 billion.  Shares of other leading insurance and investment
services companies performed well, with American International Group
(NYSE:AIG) up 7 5/8 (+7.48%) to 109 1/2, Chubb (NYSE:CB) rising 3 1/4
(+6.07%) to 56 13/16, Aetna (NYSE:AET) gaining 3 9/16 (+6.56%) to 57
7/8, and Hartford Financial Services (NYSE:HIG) closing up 2 (+4.67%)
to 44 13/16.

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millenium, please go to http://www.smartportfolio.com/freetrial
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For a calendar of upcoming IPOs and extensive information concerning
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---
You are currently subscribed to update as: sshackl@ect.enron.com
To unsubscribe send a blank email to
leave-update-1735Y@lists.smartportfolio.com


The following is a list of users who need access to EMW calcs:
Victor Guggenheim - vguggen
Bruce Mills - bmills
Phillip Love - plove

Thanks for your help.
PL


Attached is a background memo and talking points I prepared for Jeff Skilling
to prepare him for the Pataki fundraiser he is co-chairing in Houston this
coming Monday, June 4th. Please call me if you would like to discuss.

Howard


Mark: It was great to "meet" you this afternoon -- as a tech lawyer, I have
been following? Enron's impressive on-line activities and nimble evolution as
a true new economy company? . . . I? thought I? would mention that our
Technology Group has worked on, and is currently involved in, a number of
b-to-b exchanges, on behalf of both investors and technology providers
(including the petroleum, chemicals and logistics industries). We have been
actively involved in structuring, formation and financing issues in
particular and have advised on technology, corporate, tax, employee benefit
and IP issues as well. Please let me know if, as the ETE evolves, we can be
of any assistance to you. You can reach me via e-mail or by phone at
212-530-5720.

Regards,

Dan Mummery

This e-mail message may contain legally privileged and/or confidential
information. If you are not the intended recipient(s), or the employee
or agent responsible for delivery of this message to the intended
recipient(s), you are hereby notified that any dissemination,
distribution or copying of this e-mail message is strictly prohibited.
If you have received this message in error, please immediately notify
the sender and delete this e-mail message from your computer.


Attached is a first draft of the  Appication for Rehearing to be filed in the event the Commission issues a  retroactive direct access suspension decision.  Your comments will be very  much appreciated.

Dan

Law Offices of Daniel W.  Douglass
5959 Topanga Canyon Blvd.  Suite 244
Woodland Hills, CA  91367
Tel:   (818) 596-2201
Fax:  (818)  346-6502douglass@energyattorney.com

 - 9-21-01 Application for Rehearing - Draft 1.doc


Here are your contract#s for 2/00!!!!

fyi  SJersey volumes are estimates ONLY!!!

Thx
Joann

---------------------- Forwarded by Joann Collins/Corp/Enron on 01/29/2000
04:32 PM ---------------------------

	Enron North America Corp.

	From:  Joann Collins                           01/22/2000 01:08 PM

To: knovsek@columbiaenergygroup.com, kdestep@columbiaenergygroup.com,
hboyd@columbiaenergygroup.com, djones1@columbiaenergygroup.com,
mstiles@columbiaenergygroup.com, sgilles@columbiaenergygroup.com,
flombar@columbiaenergygroup.com, Chris Germany/HOU/ECT@ECT, Victor
Lamadrid/HOU/ECT@ECT, Katherine L Kelly/HOU/ECT@ECT, Robert
Allwein/HOU/ECT@ECT, Joan Veselack/Corp/Enron@ENRON
cc:

Subject: Feb 2000

As everyone already knows we(Enron) does not have a shared drive for the
Daily.est.  So if everyone could update the sheet with their own volumes and
email me back i will consolidate it to (1).  Thanks

Please have your est volumes by 5:00pm Jan 25 (Tuesday)


I am forwarding you the information of the contact at Heinz who requested a
copy of their ISDA.  Will you please forward her a copy of the ISDA via
overnight mail or fax today.  She has requested a copy by Monday May 21.
Please let me know if you have any questions.  Thanks.

Dewann Weltmer
Heinz North America
P.O. Box 57
Pittsburgh, PA  15230-0057

email:  dewann.weltmer@hjheinz.com
Ph:  412-237-3538
Fx:  412-237-3543


at some point it has to or we're going to shut-in economics.  that may be the answer.

-----Original Message-----
From: Fraser, Jennifer
Sent: Monday, June 25, 2001 5:26 AM
To: Arnold, John
Subject: RE: aga

what makes you think demand is coming back?..have monitored permanent closures/off-shore moves

-----Original Message-----
From: Arnold, John
Sent: Sunday, June 24, 2001 12:03 PM
To: Fraser, Jennifer
Subject: RE: aga

no, the opposite.  saying price drop hasnt brought us closer to equilibrium.  we absolutley cant continue this loss of demand, otherwise we end up at 3.2 and the industry doesnt want to /cant end up there.   thus you must pick up at least some demand.  price must keep dropping .   price dropped $1.5 and haven't gained any demand.  that's the scary thing.  how much does it have to drop before we do find it?

-----Original Message-----
From: Fraser, Jennifer
Sent: Fri 6/22/2001 6:31 AM
To: Arnold, John
Cc:
Subject: RE: aga

so you think we could pop on on the heels of increased demand because of low prices....assuming demand returned to normal how do you think there economic conditions will mitigate this.

 -----Original Message-----
From:   Arnold, John
Sent:   Thursday, June 21, 2001 2:55 PM
To:     Fraser, Jennifer
Subject:        RE: aga

        cost about 200,000-300,000

        our internal estimates were in the 102-106 range, so no.  i think pira overestimating the gas gen burn for the week.  problem is there is no real good burn for at least two weeks going forward.  we've dropped $1.5 in a couple months and havent picked up an mmbtu of demand.  that's a big problem

 -----Original Message-----
From:   Fraser, Jennifer
Sent:   Thursday, June 21, 2001 6:36 AM
To:     Arnold, John
Subject:        aga

1- did the intern help or hurt you?
2- do u buy PIRA's suggestion a correction is looming?


Here they are.

---------------------- Forwarded by Gerald Nemec/HOU/ECT on 06/15/99 08:30 AM
---------------------------

Mary Cook
06/08/99 04:20 PM
To: Barbara N Gray/HOU/ECT@ECT, Gerald Nemec/HOU/ECT@ECT, Lance Schuler-ECT
Legal/HOU/ECT@ECT, Michael A Vigeant/HOU/ECT@ECT, Tom Liewer/HOU/ECT@ECT,
Kenneth W Kaase/HOU/ECT@ECT, Michael Krautz/HOU/ECT@ECT, Lawrence
Lawyer/HOU/ECT@ECT, Pat Flavin/GCO/Enron@Enron, Nicole Alvino/HOU/ECT@ECT
cc: Kevin A Howard/HOU/ECT@ECT
Subject: Project Rock: Service Agreements

Attached are the following documents for initial review.  The services
agreement (rockmsa-mastermac.) is between HPLC and Meter Aquisition, and the
services agreement (rockmsa-stone.) is between Meter Aquisition and Hanover
Measurement Services Company (our Stone entity).

Also attached is a revised distribution list.  Please call Pat Radford at
853-9282 with additional addresses or phone numbers or corrections to the
list.

I will be out of the office from June 14 to July 4.  In my absence coordinate
related matters with Barbara Gray and Lance Schuler.


no objection

"Robert Kean" <rkean@starband.net> on 04/30/2001 10:00:52 AM
Please respond to <rkean@starband.net>
To: "Phil Kean \(E-mail\)" <kean.philip@mcleodusa.net>, "Doug & Karen Reiman
\(E-mail\)" <dkreiman@mcleodusa.net>, "Kathy Wedig \(E-mail\)"
<kat.wedig@netzero.net>, "Steve & Melissa Kean \(E-mail\)" <skean@enron.com>
cc: "Diane Kean \(E-mail 3\)" <dkean@starband.net>

Subject: Our Will

Phil, Karen, Kathy, Steve,

Diane and I are finally getting a will written.  I would like to ask all of
you if you have any objections to being named in the will as executors OR
executing an Advanced Health Care Directive.  An AHCD is document inwhich
Diane and I will state what our wishes are regarding life support.  I have
attached a sample copy for review.  If anyone objects, please reply to me in
the next 10-14 days.  We will be meeting with the lawyer sometime around the
15th or 16th.

Rob

 - Advance Health Care Directive.pdf


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business day. Free overnight shipping offer valid only in
the U.S. and while supplies last.

**Internet and email access requires subscription to the
Palm.net wireless service sold separately. Coverage not
available in all areas.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
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regarding Palm's upcoming product announcement,
click below, or simply reply to this message with
"unsubscribe" as the subject line of the message.
You may still receive other communications from
Palm which you have previously requested.
    http://insync-palm.com/0019_unsub.dyn?i=836528970&s=ZVae

(C)2002 Palm, Inc. All rights reserved.
    http://insync-online.p04.com/u.d?sEeWJwE5ec0rw5=130

Palm.com
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calendar
---------------------- Forwarded by Steven J Kean/NA/Enron on 08/25/2000
07:14 AM ---------------------------

	Joseph Alamo @ EES
	08/24/2000 06:00 PM

To: California Government Affairs, Edward Hamb/HOU/EES@EES, Jennifer
Rudolph/HOU/EES@EES, Chris Hendrix/HOU/EES@EES, Greg Cordell/HOU/EES@EES,
Harold G Buchanan/HOU/EES@EES, Martin Wenzel/SFO/HOU/EES@EES, Douglas
Condon/SFO/EES@EES, James M Wood/HOU/EES@EES, Gary Mirich/HOU/EES@EES, Dennis
Benevides/HOU/EES@EES, Roger Yang/SFO/EES@EES, David Parquet@ECT,
mday@gmssr.com, Paul Kaufman/PDX/ECT@ECT, Marcie Milner/Corp/Enron@ENRON,
Mary Hain@Enron, Harry Kingerski/HOU/EES@EES, James D Steffes/HOU/EES@EES,
Richard Shapiro/HOU/EES@EES, Peggy Mahoney/HOU/EES@EES, Karen Denne@Enron,
Mark Palmer/Corp/Enron@ENRON, Steven J Kean/NA/Enron@Enron, Tim
Belden/HOU/ECT@ECT
cc: Lysa Akin/PDX/ECT@ECT, Ginger Dernehl/NA/Enron@Enron, Maureen
McVicker/NA/Enron@Enron, Marcia A Linton/NA/Enron@Enron

Subject: Conference Call Advisory/Invitation re: CA Legislative and
Regulatory Update

On behalf of Enron Host Bruno Gaillard, please consider this an invitation to
participate
in a conference call regarding California legislative and regulatory
updates.  You may join the call on:

 Date:    Friday,  August 25, 2000
 Time:    1:00 PM PDT/3:00 PM CDT/4:00 PM EDT
 Call-in Number:  1-877-233-7845
 Pass Code:   126069
 Host Code (Bruno only): 494209

Thanks in advance for your participation.

Joseph Alamo
Sr. Administrative Assistant
Government Affairs - The Americas
San Francisco CA


Recently, Jeff McMahon, Executive Vice President and Treasurer of Enron
Corp., accepted the position of Chief Commercial Officer of Enron Net Works.
Jeff's many accomplishments at Enron Global Finance ("EGF") include over $30
billion of closed financings and an upgrade of Enron's credit rating by
Moody's to Baa1.  We wish Jeff well in his new endeavor.

Ben Glisan, Vice President and head of EGF's Structured Finance business,
will assume Jeff's responsibilities as Vice President and Treasurer of Enron
Corp.  Ben joined Enron in 1996 from Arthur Andersen where he was responsible
for managing structured transactions with Enron.  Prior to Arthur Andersen,
Ben worked at Coopers & Lybrand providing accounting and finance services
principally to financial institutions.  Ben will be a member of the Enron
Corp. Executive Committee.

For additional details regarding EGF's organizational changes, please see the
attached memo.


----- Forwarded by Sara Shackleton/HOU/ECT on 11/13/2000 09:51 AM -----

	Teresa G Bushman
	11/10/2000 05:19 PM

		 To: Sara Shackleton/HOU/ECT@ECT, Dan J Hyvl/HOU/ECT@ECT, Harry M
Collins/HOU/ECT@ECT
		 cc:
		 Subject: Joshua Tree Financing Structure

Per my voicemails.  Please provide comments sometime on Monday if possible.
Thanks very much for your assistance.

Teresa

Teresa G. Bushman
Enron North America Corp.
1400 Smith Street, EB 3835A
Houston, TX  77002
(713) 853-7895
fax (713) 646-3393
teresa.g.bushman@enron.com

----- Forwarded by Teresa G Bushman/HOU/ECT on 11/10/2000 04:56 PM -----

	Nora Dobin@ENRON
	11/10/2000 11:14 AM

		 To: Tim Proffitt/HOU/ECT@ECT, Chris Herron/Corp/Enron@Enron, Cris
Sherman/HOU/ECT@ECT, Kevin Liss/Corp/Enron@ENRON, Teresa G
Bushman/HOU/ECT@ECT, Scott Josey/Corp/Enron@ENRON, John Thompson/LON/ECT@ECT,
Jesus Melendrez/Corp/Enron@Enron
		 cc: Brenda L Funk/HOU/ECT@ECT, rainj@tklaw.com
		 Subject: Joshua Tree Financing Structure

In preparation for the 2:00 p.m. meeting today regarding the Bank of America
term sheet, please consider the following:

(1) Proposed Trust/LLC Structure.  Trust would own 99% of LLC with ENA as
managing member owning other 1%.   LLC would purchase/own VPPs.

 Legal prefers the two-tier structure but

 (i)  would prefer the use of a Delaware business trust with Wilmington Trust
Company as the trustee instead of a Texas trust to own equity in underlying
LLC/LP, and

 (ii) as to the proposed Delaware limited liability company which would own
the VPPs, asks the tax and commercial teams to consider (a) whether this
entity might or will derive significant income from Texas based
properties/operations or otherwise be subject to material Texas franchise
tax, and (b) if so, whether we should use a Texas limited partnership instead
of the LLC.

(2) Proposed Certificate and Trust Terms and Conditions.

Clarify that certificate holders commit to fund their pro rata portion of
aggregate A and B loans/investments (similar to contribution obligations of
equity owners of  LLC, i.e., LLC terms expressly provide that Trust and ENA
must make pro rata (to their respective ownership interests) contributions to
LLC for purchase price of VPPs].
Identity of A and B holders, e.g., banks get A and [who?] get B?

(3) LLC Terms.

Is proposed 99% and 1% ownership of LLC by Trust and ENA (as managing
member), respectively, ok?  Same ownership percentages if we use LP?

VPP commercial and legal teams need to determine acceptability of proposed
terms of:

(i) Master Balancing Agreement between LLC and ENA,  Note re item 1 of
Mandatory Cost Advances:  only require ENA to make specified expenditures
where it has control of, or not prohibited by, specific situation or
governing contract.
(ii) Master Natural Gas Purchase and Sale Agreement between LLC and [need to
determine correct Enron  counterparty since Enron Gas Marketing, Inc. does
not exist] (provide for Texas governing law?),
(iii) Master Crude Oil Purchase and Sale Agreement between LLC and Enron
Reserve Acquisition Corp. (correct counterparty?  provide for Texas governing
law?), and
(iv) Eligibility/engineering criteria for new VPPs.  Query regarding item
10:  why can't LLC buy a VPP from a seller in  bankruptcy on a free-and-clear
basis?

Clarify whether specified New Company Asset Procedures are alternatives (i.e.
, either proposed new VPPs (1) meet specified eligibility criteria as
certified by ENA or independent third party, or (2) new VPP are approved by
Engineering Banks (with no objection by majority of Trust certificate
holders, rather thaneither proposed new VPPs (i) meet specified eligibility
criteria as certified by ENA and independent third party, or (ii) new VPP are
approved by Engineering Banks (with no objection by majority of Trust
certificate holders).

Enron Corp. Performance Guaranty.  Presumably "performance" guaranty is one
of payment or can be reduced to a pre-agreed payment amount.  Try for Texas
governing law.  Start with Enron Corp. standard form of guarantee with
revolver reps and covenants.

(4) Swaps (interest rate and energy price)

Should these be assets of Trust or LLC/LP?  Any related tax issues?
Who is swap counterparty (ENA?)
Is non-ISDA format acceptable?  If so, is Texas law (as opposed to NY law
typically covering an ISDA) ok?

(5) Production Pricing Flexibility

 Consider consistency between pricing parameters contained in VPP purchase
documents on the one hand (e.g., Crescendo), and financing documents on the
other hand (e.g., Master Purchase Agreements under (3) above and swaps under
(4) above).

Regards, NJD

Nora J. Dobin
Senior Counsel
Enron Global Finance
Enron Corp.
1400 Smith Street
Houston, Texas  77002

713/345-7723 (phone)
713/853-9252 (fax)
E-mail:  nora.dobin@enron.com


Gerald,
;
Per our recent discussions, I am sending you this e-mail to cover the content
that we would like to put into a revised letter agreeement;with ENAP.; As for
the CA I would use the following information:
Mr. Salvador Harambour Giner

E & P General Manager

Empresa Nacional Del Petroleo

Casilla 123, Correo 35 Las Condes

CP 6760197

Santiago, CHILE

We need the CA to cover a contemplated structured transaction between "Enron
Compression Services and Enron South America Gas Marketing regarding;a
potential transaction concerning;all of their oil & gas fields;in the
Magallenes Region;in Southern Chile including any hydrocarbon volumes and
existing sales contracts."
;
As for the Engagement Letter, I would use a similar format to the previous
letter and make sure that it has the following steps outlined:

* The effective date of the engagement will start upon signature.
* ENAP will use best efforts to submit to Enron all of the information that
it requires to develop a proposal within 30 days.; Enron will submit a
revised request for data upon execution of this letter agreement.
* Enron will use best efforts to submit an initial proposal within 30 days
thereafter and develop definitive agreements with ENAP within 90 days from
the date that Enron had received the data from ENAP.

This should target us to close on a transaction on or around September 1,
2001.
;
Please develop these agreements and I will call you later today or tomorrow
morning so that we can finalize and get drafts to ENAP to review.
;
Thanks,
Chris
;


I have left you each a voice mail, but wanted to be sure to try to catch the
issue with you by email as well. We received a fax today at 3 with some
comments from K&E on the swaps.  Please note that we have processed most all
of the swaps and are now working on Merlin and Catalytica which are more
complex.  Julia Chin and I have reviewed the comments and feel that they are
not substantive and only reflect different wording styles.  At this juncture
we would request that you assess whether or not our time is well spent
reprocessing all of the swaps on the basis of the K&E comments.  Please
consider these matters as soon as you can obtain a copy of their mark-ups and
advise me.  In order that I be most productive I intend to continue my work
on the Merlin Credit Derivative while awaiting your direction on these other
nonsubstantive changes.  Therefore, the subject swaps will not now be
reprocessed.  Thank you.  Mary

Enron North America Corp.
Mary Cook
1400 Smith, 38th Floor, Legal
Houston, Texas   77002-7361
(713) 345-7732 (phone)
(713) 646-3490 (fax)
mary.cook@enron.com


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:        V. Charles Weldon

Login ID:   vweldon

Extension:  57229

Office Location:  EB3274d

What type of computer do you have?  (Desktop,  Laptop,  Both)  Desktop

Do you have a PDA?  If yes, what type do you have:   (None, IPAQ, Palm Pilot,
Jornada)

Do you have permission to access anyone's Email/Calendar?  No
    If yes, who?

Does anyone have permission to access your Email/Calendar?  No
    If yes, who?

Are you responsible for updating anyone else's address book?  No
    If yes, who?

Is anyone else responsible for updating your address book?  No
    If yes, who?

Do you have access to a shared calendar?  No
    If yes, which shared calendar?

Do you have any Distribution Groups that Messaging maintains for you (for
mass mailings)?  No
    If yes, please list here:

Please list all Notes databases applications that you currently use:

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:   8:15   To:    6:00

Will you be out of the office in the near future for vacation, leave, etc?  No
       If so, when?        From (MM/DD/YY):      To (MM/DD/YY):


FYI: the Real Time portion of these information sessions has been rescheduled
for 2:00pm in Mt. Hood.

---------------------- Forwarded by Grace Rodriguez/PDX/ECT on 03/23/2001
12:29 PM ---------------------------

Amy FitzPatrick
03/23/2001 10:11 AM
To: Portland West Desk
cc:
Subject: Portland Job Opportunities

JUST A REMINDER ABOUT THE BELOW INFO SESSIONS FOR TODAY!!!!!
---------------------- Forwarded by Amy FitzPatrick/PDX/ECT on 03/23/2001
12:18 PM ---------------------------

Amy FitzPatrick
03/22/2001 02:47 PM
To: Portland West Desk
cc:
Subject: Portland Job Opportunities

Listed below are several positions which may become available over the next
several months in the Portland office.  We will be holding information
sessions on Friday, 3/23 in Mt Hood.  Listed below are details regarding the
time of the information session, position, department and hiring manager.

Time Position   Department   Hiring Manager
10:00 Senior Specialist  Fundamentals Analysis  Tim Heizenrader
10:30 Specialist/Analyst  Real Time   Bill Williams III
11:00 Specialist/Senior Specialist Volume Management  Chris Stokley
12:00   Research Analyst  Renewable Power Desk Elliot Mainzer
2:30  Power Prescheduler  Scheduling   Cara Semperger

Please feel free to attend any of these sessions to learn more about the
available opportunities.

Attached are more detailed descriptions of the above mentioned positions.  We
will be considering internal candidates as well as external candidates for
the above positions.  If you are interested, please let Amy FitzPatrick know
no later than close of business Wednesday, March 28, 2001.


-----Original Message-----
From: soblander@carrfut.com [mailto:soblander@carrfut.com]
Sent: Monday, October 29, 2001 7:06 AM
To: soblander@carrfut.com
Subject: ALL daily charts and matrices as attachments 10/29

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

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

Crude     http://www.carrfut.com/research/Energy1/crude19.pdf
Natural Gas     http://www.carrfut.com/research/Energy1/ngas19.pdf
Distillate     http://www.carrfut.com/research/Energy1/hoil19.pdf
Unleaded     http://www.carrfut.com/research/Energy1/unlded19.pdf

Dec WTI/Brent Spread
http://www.carrfut.com/research/Energy1/clz-qoz.pdf
Dec Heat Crack     http://www.carrfut.com/research/Energy1/heatcrack.pdf
Dec Gas Crack     http://www.carrfut.com/research/Energy1/gascrack.pdf
Dec/May Heat Spread     http://www.carrfut.com/research/Energy1/hoz-hok.pdf
Jan/Feb Heat Spread     http://www.carrfut.com/research/Energy1/hof-hog.pdf
Nov Gas/Heat Spread     http://www.carrfut.com/research/Energy1/hux-hox.pdf
Dec Gas/Heat Spread     http://www.carrfut.com/research/Energy1/huz-hoz.pdf
Nov/Mar Unlead Spread
http://www.carrfut.com/research/Energy1/hux-huh.pdf

Nat Gas Strip Matrix
http://www.carrfut.com/research/Energy1/StripmatrixNG19.pdf
Nat Gas Spread Matrix
http://www.carrfut.com/research/Energy1/SpreadmatrixNG19.pdf

Crude and Products Spread Matrix
http://www.carrfut.com/research/Energy1/SpreadmatrixCL19.pdf

Scott Oblander
312-762-1015
312-762-1014 fax
Carr Futures
150 S. Wacker
Suite 1500
Chicago, IL 60606


Dear Mark

Thanks for your quick reply.  Here's some of the information you've
requested.  (Don't worry, I give a quick summary at the end.)

As for Telerate, we have an agreement with them (Enron Corp), but everything
that I have suggests that it's on an 'add users as needed' basis--which means
that I question if we can even redistribute it internally, much less put it
out online.  However, Dan Diamond--of Mid Marketing--wrote to me saying, 'The
mid market group has no "agreements" to distribute information.  The
information we distribute is similar to quoting a stocks price out of the
newspaper.'  If Dan is correct, then I guess we're covered, but I feel
uncomfortable taking news that we pay for (unlike a stock quote) and giving
it out to the public (like a stock quote).  I've written to Dan asking him
where else we could get the information from (assuming that, if we can get
the information from multiple sites, his comparison would be correct.)

On US Weather, I think we're fine:  "The National Weather Service v (NWS)
provides weather, hydrologic, and climate forecasts and warnings for the
United States, its territories, adjacent waters and ocean areas, for the
protection of life and property and the enhancement of the national economy.
NWS data and products form a national information database and infrastructure
which can be used by other governmental agencies, the private sector, the
public, and the global community. "
(From their website)

Regarding NGTL Pipeline data, nothing has happened since we received the
letter that the lawyers signed in Canada--the letter that you didn't like.
(I have no idea what NGTL must be thinking about all of this--that we've
silently agreed to the contract?)  Donna's email does emphasize the need for
a password to the website--which suggests

For Canadian weather, I could not find a statement similar to US Weather
(above), but Paul Goddard spoke with them before he left, and they said the
information was open to all.  Additionally, none of the information on the
site appears to be copyrighted, which suggests that what they've said is true.

Finally, the copyright on the actual pages is '1999 Enron Corp.  All Rights
Reserved'--should we update that for 2000 on information that we put out?
Can we copyright what is already public domain?  (I guess newspapers do that
with basketeball scores, so why can't we--but it's still a question!)

So, for the busy lawyer, here's the quick review

Telerate: Checking with Dan Diamond on whether or not we could argue that the
information is public domain
US Weather: No problem
NGTL: Serious concerns--how do we contact them now?  (Do we wait for a new
content deal that could eliminate the need to use them? Rahil?)
Canadian Weather: No problem
'Copyright 2000 Enron Corp'?

I'll let you know when I hear about alternative information sources for
telerate.

Again, thank you very much

Jay


Would you like to go in on some Christmas presents for the managers?  And if
so, any ideas?

Nicole


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The attached file shows the Manual Log Data (in red) that is overdue and
required to complete Owner Reports.  The SCADA data is still under review.
It will be added to this report when the data is avialable .  Only two of the
1.5 sites have substantial Manual Log data.


Dear Enron Employees:

I'm sorry to report that a third Enron employee has died in the hospital as a result of injuries from yesterday's explosion and fire at Teesside Power Station.  To lose another employee is a devastating blow to all of us.  A fourth employee remains in the hospital and is in stable condition.  Please keep these employees and their families in your thoughts and prayers.  We will release their names as soon as all family members and relatives have been notified.

I'm in the U.K. now and will be visiting with the employees and families who've been affected by this tragic accident.  I will also visit the site and will meet with authorities in order to determine the cause of the explosion.  I will keep you posted on any new developments.


Althea,

I was trying to get in touch with this guy.
Did he contact you by any chance?  He missed
the interviews on the campus.

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/16/2001 01:51 PM ---------------------------

"Seade, Juan J." <Seade_Juan@gsb.stanford.edu> on 03/19/2001 01:15:56 AM
To:	"'vkamins@enron.com'" <vkamins@enron.com>
cc:
Subject:	Stanford MBA- Interview

Dear Vincent,

As I told you on the phone on Friday, I am very interested in a summer
internship at Enron. I would like to point out that I want to pursue a
career in trading, and I am especially interested in derivatives. Given that
Enron is a pioneer in the market making of energy, broadband and weather
derivatives, I find it a company I would be most interested in working for.

I believe that you will find my background of interest to your firm, and I
hope to be interviewed by yourself and other colleagues of yours. I have
final exams from March 19-22, but would be most willing to travel to Houston
for interviews any time from Friday March 23rd onwards. I hope to hear from
you soon.

Best regards,

Juan Seade
MBA Class of 2002
Stanford Business School
796 Escondido Road Apt. 29C
Stanford, CA 94305
Tel:	(650) 497-3705
Email:	jseade@stanford.edu

 <<Resume Juan Seade.doc>>

 - Resume Juan Seade.doc


Hey, I just got this email - they have a couple of more changes.  They are
killing me!!

Thanks for your work!

Kim

 -----Original Message-----
From:  "Padilla, Monica" <Monica_Padilla@city.palo-alto.ca.us>@ENRON
[mailto:IMCEANOTES-+22Padilla+2C+20Monica+22+20+3CMonica+5FPadilla+40city+2Epa
lo-alto+2Eca+2Eus+3E+40ENRON@ENRON.com]
Sent: Tuesday, May 15, 2001 5:47 PM
To: Ward, Kim S.
Cc: Dailey, Karla
Subject: RE: Letter of Understanding

Kim,

Again, to reiterate my changes, include the following general terms of your
offer in the LOU.
- Seller to provide all incremental gas needs up to 6,197 MMBtu/day at Malin
priced at bidweek flat and remaining incremental gas needs at PG&E citygate
bidweek flat.
- Seller to act as the Buyer's imbalance agent and provide such services as
nomination, scheduling and operations for all gas delivered to Buyer,
including gas purchased from a third party supplier.
- Seller to protect Buyer from daily price risk and penalties on EFO/OFO
events.
- Seller to provide in an electronic format daily price indications.

Also, I spoke to Karla about this and she too had some changes.  First,
change the term "demand" charge to volumetric charge, since demand charge is
commonly assessed on nominated not actual load.  And change the deadline to
June 30, 2001 (5 days can make a difference).

Thanks,

Monica

-----Original Message-----
From: Ward, Kim S. [mailto:Kim.Ward@ENRON.com]
Sent: Tuesday, May 15, 2001 1:52 PM
To: Monica Padilla (E-mail)
Subject: Letter of Understanding

Monica,

      Attached is a copy of the letter of understanding.  Barry will be
signing the originals and we will overnight them to you tonight.  Let me
know if you need anything else and I will send you prices tomarrow.

Thanks,

Kim

 <<Letterofunderstanding1.DOC>>


I would like to announce the following management changes within the Analyst
/ Associate Program, which are effective immediately.

Traci Warner will assume responsibility for Recruiting for the Western
Hemisphere.  Traci joined Enron's Associate Program in 1995 and has held
positions in Business Development, Origination, and Public Relations at Enron
Energy Services, Enron North America and Enron Broadband Services.

Ted Bland will assume responsibility for Career Development (including
rotations) for the Western Hemisphere.  Ted has been with Enron since 1989
and has held several roles in Origination and Business Development within
Enron Wholesale Services.  Most recently, Ted was assigned to the
commercialization of some activities within Human Resources.

Anna Jansson, who is based in London, will continue to lead all efforts for
the Associate / Analyst Program in the Eastern Hemisphere.  Anna has been
with Enron Europe for the past three years and, most recently, has been
responsible for setting up the EBS Human Resources function in Europe.

Please join me in working with Traci, Ted and Anna to ensure the success of
this important program.

Billy Lemmons
Vice President, Analyst / Associate Program


all i can say is "house of cards"

 -----Original Message-----
From: 	Landry, Chad
Sent:	Wednesday, November 14, 2001 10:37 AM
To:	Blanchard, Timothy; Bass, Eric; Lenhart, Matthew
Subject:	what are teh odds

of this merger not going through?  a pwr trader that reliant's ice (trading platform) is having record breaking days.  just glad i never believed the "hype'

ckl