California Dimming
The Times of India, 01/26/2001

Investors Decide to Stick with Safer Bets on Wall Street Yesterday While...
Pittsburgh Post - Gazette, 01/26/2001

I'll BE SEEING YOU IN 4 MONTHS,
The Boston Globe, 01/26/2001

The President's First Message
Buainess Standard, 01/26/2001

Your Friday Night
Lamorinda Dems Share Laughs, Rally Troops After Loss
The San Francisco Chronicle, 01/26/2001

As Demands for Energy Multiply, Farms Stage a Comeback--- Phalanxes of
Whirring Turbines could be a Partial Antidote for Blackouts in California
the Wall Street Journal, 01/26/2001

International
World Watch
The Wall Street Journal, 01/26/2001

Houston Chronicle Working Column
01/26/2001

California Dimming

01/26/2001
The Times of India
Copyright (C) 2001 The Times of India; Source: World Reporter (TM)

Those of us who couldn't conceal their glee at the world's most advanced and
powerful democracy taking weeks to count a few thousand ballots and not
getting it right, now have something more to gloat over. California,
America's largest state and "that advance post of our civilisation" as J B
Priestley called it, is in the grip of an acute power crisis. The two
companies which distribute power over most of the state are on the verge of
bankruptcy and the state government has had to come to their rescue and
disburse funds for payment to wholesale power suppliers - shades of our own
Maharashtra State Electricity Board and Enron. A state of emergency has been
declared and millions of homes and businesses are being subjected to "rolling
blackouts", or staggered power cuts. The authorities are not putting out a
loadshedding schedule for fear that it might encourage looters and arsonists
who would know that burglar alarms would be off. The clockwork-like economy
has been seriously disrupted as traffic lights, ATMs, petrol pumps and
electronic checkout counters go on the blink and Californians stock up on
flashlights, candles, generators, wood-burning stoves and firewood. At the
Folsom headquarters of Intel, the company whose chips are powering most of
the world's computers, people are carrying on gamely with their work under
dim lights.
As the saying goes, "What California is today, we shall all be tomorrow" -
hence it is instructive to understand how the state got into this mess. The
deregulation law of 1996 attempted to create a market for wholesale power by
"unbundling" the generation, transmission and distribution functions -
something that is on the anvil in India too. However, the market was
hamstrung from the beginning by various flawed policies, including a "cap"
placed on the retail power tariff and a decision by the authorities to
disallow power companies the freedom to enter into long-term contracts for
power purchase. Also, the tough environmental regulations in the state and
the attitude of many local communities ("Not in my backyard") meant that old
power plants shut down, no new ones came up, and the generation within the
state actually went down over the last ten years. As the demand increased
steadily, particularly in the Silicon Valley with its power-guzzling "data
hotels" and "server farms", the state became ever more dependent on external
sources particularly from the Pacific Northwest. Rapid economic growth in the
northern states, and low water levels this season in the hydro-power dams,
meant less surplus to California, leading to a sharp increase in wholesale
power rates. The lessons are clear - for California, and for us in India.
First, you can't legislate away economic laws - supply and demand have a way
of catching up with you. Second, as power is a capital-intensive,
long-gestation industry, the policy framework has to provide for adequate
capacity to come up over the long-term. Third, regulation can and should
smooth out price volatility, but tariff caps will only distort the market and
pave the way for systemic crises. And lastly, power is a key infrastructure
for a modern economy and there is really no alternative to a smooth
changeover to deregulated markets - the UK and many other states in the US
have successfully accomplished this.
BUSINESS
[ Investors decided to stick with safer bets on Wall Street yesterday while
... ]
HED: DOW RISES, NASDAQ FALLS,INVESTORS EYE EARNINGS, FEDBY AMY BALDWIN, THE
ASSOCIATED PRESS

01/26/2001
Pittsburgh Post-Gazette
REGION
B-15
(Copyright 2001)

Investors decided to stick with safer bets on Wall Street yesterday while
they contemplated the future of earnings and the economy. The market bid blue
chips higher, but cashed in recent gains in the battered tech sector.
Although big-name companies reported fourth-quarter results largely in line
with expectations, analysts said investors kept their focus on forecasts for
2001.
"Fourth-quarter earnings have really left the radar screen for most
investors," said Richard E. Cripps, chief market strategist for Legg Mason of
Baltimore.
The Dow Jones industrial made a solid advance, closing up 82.55 at 10,729.52.
Broader market indexes declined. The Nasdaq composite index fell 104.87 to
2,754.28, and the broader Standard & Poor's 500 index slipped 6.79 to
1,357.51.
The market is so focused on corporate performance during the first half of
this year that even Federal Reserve Chairman Alan Greenspan failed to move
stock prices. Greenspan testified before Congress, speaking mostly about
longer-term tax cuts but also signaling that interest rates are likely to
drop further.
While investors are cautious, the mood on Wall Street is slightly more upbeat
than in recent months, analysts said. The market is hopeful that earnings and
the economy will soon improve, particularly as interest rates decline.
The Fed is expected to cut rates for the second time this month when it meets
next week. That expectation factored into some of yesterday's tech sector
selling, said Cripps of Legg Mason.
"There's some gamesmanship going on in advance of the Fed meeting," Cripps
said, noting that investors who have been buying on expectations of a rate
cut are likely to sell if and when the Fed takes that action.
Dell, which earlier in the week rebounded from a poor first- quarter earnings
outlook, lost 69 cents to close at $26.44. Computer equipment maker EMC fell
$2.94 to $76.50 after rising earlier in the week on earnings that were 2
cents a share higher than expectations.
While past earnings are important, the market typically is most concerned
about companies' future profitability. That was evident yesterday in a sharp
decline among companies that make fiber optic and other networking equipment.
Corning skidded nearly 20 percent, finishing down $13.88 at $56.25. The maker
of fiber optic cables warned late Wednesday that its customers had cut back
their orders through the first half of the year.
"People are spooked by the guidance given by Corning" said Charles White,
portfolio manager for Avatar Associates.
JDS Uniphase, which tumbled $7.88 to $55.19, recouped 74 cents in
extended-hours trading. The fiber optic maker announced after the market
closed that it beat second-quarter predictions by 2 cents a share. The
company also said it expected third-quarter sales to rise as much as 10
percent.
Meanwhile, blue chips got a lift from so-called defensive issues such as drug
and energy stocks that tend to do better in bearish markets. Eli Lilly, which
met expectations and said the first half of the year should be strong, gained
31 cents at $83.06.
Investors rewarded Enron for saying 2001 profits likely will surpass
analysts' predictions. The energy company rose $2.25 to $82.
Op-Ed
I'LL BE SEEING YOU IN 4 MONTHS
DAVID NYHAN, GLOBE STAFF

01/26/2001
The Boston Globe
THIRD
A15
(Copyright 2001)

THE GOING RATE FOR A RUN-OF-THE-MILL CAMEL IN THE GOBI DESERT IN 1996 WAS
$250, FOR A WEARY ANIMAL WITH THE MONGOLIAN CAMEL-DRIVER'S EQUIVALENT OF A
DENTED FENDER, AND IT MIGHT GET A LITTLE WHEEZY BETWEEN WATER HOLES. BUT IF
YOU WANTED A GOOD ONE, WITH LOW MILEAGE, SOUND OF HOOF AND LUNG, IT WOULD
COST YOU $500. WHO TOLD ME THAT? MY FRIEND AMAR, A FELLOW NEWSPAPERMAN FROM
ULAN BATOR, THE METROPOLIS OF MONGOLIA. AND HOW DID HE COME TO BE MY FRIEND?
BECAUSE WE WERE BOTH ESCAPED NEWSPAPERMEN, COOLING OUR JETS AND RECHARGING
THE OLD BRAIN PAN AS FELLOWS AT OXFORD'S REUTERS FOUNDATION. WHY DO I BRING
THAT UP? Because as of Monday I take up another fellowship, at Harvard's
Kennedy School of Government, at the Joan Shorenstein Center on Press,
Politics and Public Policy, where I expect to learn some equally interesting
things. Like Oxford, it's another crossroads of the planet. So for the spring
semester I'll be sequestered. No columns from yours truly for four months.
Since I last sojourned in Cambridge as a skinny undergraduate, I've added
several notches on the beltline, a few zeros in the bank book, and many miles
on the odometer. I stood with the mob in front of Dillon Field House the day
McGeorge Bundy introduced Fidel as "Dr. Castro," and the doctor is still
running Cuba, but just about everything else has changed.
As a 17-year-old I sat in the Harvard Club's baronial banquet hall when a
bronzed Senator Jack Kennedy dashed off a witty speech to the Crimson
football banquet. He got elected president when I was a sophomore. Now I'll
have an office, a phone, and something Kennedy never dreamed of - a computer
wired to something called the Internet - at a school named after him.
Speaking of the Internet, I apologize in advance for my absence to you folks
in wired-land. It is not an unmixed blessing to receive as many as 1,000
e-mails a week urging this or that, praising this or that, damning this or
that. Through change of season, fashion or administration, I understand that
you are not unanimous by any stretch, but you are passionate, sometimes
beyond belief (or reason, in a few cases).
But I know some of you - the lady married to the diplomat in Islamabad, the
hardy souls bucking the Sun Belt mentality in the great South and West, the
Meridian, Miss., correspondent who urged me to "reload and charge on with our
support," the gal from Black Mountain, N.C., the keep-your-outrage-going man
from New York, ditto for the Madison, Ala., fellow - some of you will miss
your Dave. "It is now 26 years since I left Boston and you remind me how I
miss those terse tart tongues," says Susan of "So much for civility."
From Royal Oak, Mich., Maia says "please keep calling 'em as so many of us
see 'em." Demurs "a lady in Washington state": "My goodness, you are either a
very angry individual or a poor loser . . . why don't you write about
something uplifting and heartwarming?" Good point. I'll mull that over for
the next four months. By that time, our new president will have had his 100
days, and he'll have had time to "restore honor and integrity to the White
House." And, "sit back, have a tax cut on us, and enjoy the ride," says one
happy Bob from Nashville. Go for it, Roberto.
"You should be ashamed to author such divisive . . . ," scolds J.G. from
British Columbia. A Filipino woman living here worries that tolerance may be
in jeopardy. A daughter of German refugees writes from Florida that "big
corporations are now controlling the government."
Jason, a shrewd observer of the oil patch, details exploding oil company
profits, urging a column on big oil's influence with the new gang in charge.
Sorry, Jason; if I wasn't out of here today, I'd be banging away at Enron
Corp., the Houston outfit that wholesales more electricity and owns more gas
pipelines than anyone. Enron scores monstrous profits off California's energy
shortfall, and Enron executives comprise the biggest bundled contributor to
President Bush's political campaigns, reports the watchdog Center for Public
Integrity, including $550,000 for last week's inaugural bash.
But the Bush-watch will proceed without me for the next four months. I am
outta here! I go back to brick halls where I sat, totally consumed by David
Riesman's dissection of "The Lonely Crowd," Walter Jackson Bate's unfurling
of English literature, Erik Erikson ushering in a redoubtable woman wearing a
cape and leaning on a hefty walking staff: Margaret Mead.
I'll be checking in on Ken and Kitty Galbraith, and some Sundays I'll be in
the back pews listening as the Rev. Peter Gomes uncorks some of the best
sermonizing you find on any Sunday anywhere. Nights might find me at the
American Repertory Theater, waiting for one of Jeremy Geidt's comic turns.
There's lots to see and do; they have everything but camels.
With my new fellow fellows, I'll soak up every scrap and come back with a
better attitude and more humility, a course of action urged upon me by many
of my conservative friends. Good luck; see you on D- Day.
David Nyhan's e-mail address is nyhan@globe.com.
The President's first message
Our Editorial

01/26/2001
Business Standard
9
Copyright (c) Business Standard

The government of George W Bush, America's new President, has sent a message.
It was for the Prime Minister, whose name Mr Bush once could not remember
when asked in an interview. But Enron must have forcefully brought to his
attention the name of Vilasrao Deshmukh, the chief minister of Maharashtra.
After watching the chief minister's gyrations for months, Richard Celeste,
the US ambassador, called on him on Tuesday, and offered to mediate between
him and Enron.
If Mr Deshmukh in his innocence thinks that this was a samaritan's offer of
good offices, he is sadly mistaken. For Mr Celeste represents and speaks for
the US government even when he offers to mediate. What he conveyed was the
interest of the US government in an amicable solution and its potential
displeasure if, as Mr Deshmukh is tempted to do, his government reneges on
its contractual obligations to Enron. For Mr Deshmukh has stressed in recent
weeks that the Maharashtra government cannot honour the contract. Now he
should be under no doubt that if he proves as good as his word, he will
involve his country in a major contretemps with the US government for which
he will earn no thanks from Delhi.
Mr Deshmukh is reported to have told Mr Celeste that he proposed to set up a
high-powered committee, and that it was delayed because there were too many
candidates. He was not telling the entire truth _ which is that this
committee will carry no credibility since it will be appointed by the party
that wants to break the contract. To get around this, Mr Deshmukh has been
putting enormous pressure on Mumbai's most respected banker to accept the
chairmanship; but public-spirited as he is, the banker is obviously reluctant
to step into Mr Deshmukh's parlour.
For the chairman will only be a name; the hatchet job will be done by the
other members of Mr Deshmukh's choice. And their job will be to invent
reasons why the Maharashtra government should breach the agreement. Nor will
they have to go far to invent the reasons, for Mr Deshmukh gave Mr Celeste
his own - which is that because power users in Maharashtra are used to paying
low tariffs, they cannot really be expected to pay enough to compensate Enron
. In other words, he does not want to let MSEB raise tariffs, for that would
land him in political hot water.
The irony is that the first contract with Enron was signed by the Congress
government of Sharad Pawar; although the two parted ways, both are supporting
Mr Deshmukh's government. So the latter is, in a sense, the former
government's political and legal successor, and has absolutely no grounds for
raising doubts on the contract. Its problem arises because the intervening
BJP-Shiv Sena government gave power tariff concessions to farmers which made
MSEB bankrupt, and raising them would make Mr Deshmukh unpopular. But
governments are not simply instruments politicians can use to buy popularity;
they are institutions to take decisions in a country's or state's interests
on issues that divide the people. Mr Deshmukh should for once consider
putting the interests of Maharashtra over those of his party, bite the bullet
and allow MSEB to charge the tariffs as determined by the State Electricity
Regulatory Commission from time to time.
CONTRA COSTA FRIDAY
Your Friday Night
Lamorinda Dems Share Laughs, Rally Troops After Loss
Sam McManis

01/26/2001
The San Francisco Chronicle
EDITION: ZONE =
2
(Copyright 2001)

Inauguration eve for the man whom liberals call the "President Select"
coincided with the monthly meeting of the Lamorinda Democratic Club last
Friday night, so visitors expected either a wake or a festival of whining and
teeth gnashing.
What wasn't expected was . . . laughter?
Hearty, infectious belly laughs spilled out of the meeting room and out into
the hallway of the Orinda Community Church. Deep concern and calls to action
would come later, of course, but during the potluck and gab session before
the meeting, a gallows humor reigned.
"You heard this one?" asks 84-year-old Lafayette resident Jop Van Overveen.
"Einstein, Picasso and George W. die in a plane crash and go to the Pearly
Gates. St. Peter says you got to prove who you are to get in. Einstein says,
'Give me a chalkboard.' And he does mathematical calculations. Peter says,
'OK, you're Einstein. Go in.' Picasso's next. He says, 'Give me an easel and
paint.' And he paints a masterpiece. Peter says, 'OK, you're Picasso.'
"Then, George W. steps up. Peter explains that he has to prove his identity,
just like Einstein and Picasso. And W. says, 'Einstein and Picasso? Who are
they?' Peter says, 'Yup, you're Bush. Go on in.' "
A gaggle of Contra Costa Democrats twirling pasta at the table erupted in
guffaws. Sure, they've heard that one before. In fact, they may have used the
same joke years ago when President Bush's father was in power. But, to them,
it was better than crying in their casserole over the acrimonious,
ballot-bickering election.
"After tomorrow night, I guess we'll be saying 'Hail to the Thief,' " says
Betty Lou Kasnoff, president of 20-year-old this partisan group which has
close to 100 members.
"Yeah, that's why I'm dressed all in black," says Richard Johnson, who also
is sporting a "Clinton '92" button smack dab in the middle of chest.
Here comes another member passing out freshly minted bumper stickers reading,
"Don't Blame Me . . . I Didn't Vote For Jeb." Valerie Sloven has picked up a
few and is telling anyone who will listen that she's protesting the
inauguration by staging a voter- registration campaign at the SunValley Mall.
"You know," boasts Barbara Boyle, "except for (Assemblywoman Lynne) Leach,
we've almost gotten rid of all the Republicans."
Louise's husband, John Clark, is thumbing through the club's January
newsletter. In it is an anonymous poem, titled "Bipartisan Cooperation." The
last stanza reads:
Humor, apparently, proved therapeutic for the group of about 50, because the
mood is anything but downcast. Perhaps "festively sarcastic" better describes
it.
"I was depressed, really depressed after the election," says Sloven of
Orinda. "But, after a while, you pick yourself up and fight back."
Boyle certainly seems ready to do battle. She had brought a back- issue of
Mother Jones magazine, which included an article about then- Texas Gov.
Bush's interests in Enron's controversial deal to put a pipeline in
Argentina. She reads aloud two paragraphs, then condemns what she calls a
"blatant conflict of interest."
Social hour over, Kasnoff brings the meeting to order. The guest speaker is
Severin Borenstein, director of the University of California Energy
Institute. Before Borenstein talks about energy deregulation and presents his
solutions to the crisis, Kasnoff introduces two women who are lobbying for
passage of Measure B, the Acalanes High School District parcel. The women
want the club's endorsement.
Borenstein speaks for an hour, outlines how California got into its current
energy mess and how he and his colleagues at UC Berkeley propose to ease the
long-term burden. Deregulation is not a popular word among Democrats. But
Borenstein is not anti-deregulation across the board, which doesn't please
the hard-core Dems.
"The big mistake was policy by analogy," he begins, "saying, 'Well, it worked
for the airlines, so it'll work for electricity."
Borenstein proposes varying electricity prices depending on the time of day,
charging up to 50 cents per megawatt hour during peak periods and lower rates
at other times. So people who consume the most power during peak periods pay
the most.
"That makes it cost-effective to conserve energy," Borenstein says. "It has
an attractive environmental benefit, too. It would reduce the number of
view-destroying, property-value decreasing energy plants."
The crowd murmurs its assent. Borenstein knows his audience. But, during the
post-speech question-and-answer period, he did rankle a few liberal feathers
when he suggested that homes that augment energy needs with solar panels do
not save much money.
Folks pepper Borenstein with questions for nearly a half-hour, until Kasnoff
intervenes and closes the meeting. People linger for a few more minutes,
chatting up Borenstein and each other. But most make sure to grab that
anti-Bush bumper sticker on their way out.
As Demands for Energy Multiply, Windmill Farms Stage a Comeback --- Phalanxes
of Whirring Turbines Could Be a Partial Antidote For Blackouts in California
By Jim Carlton
Staff Reporter of The Wall Street Journal

01/26/2001
The Wall Street Journal
B1
(Copyright (c) 2001, Dow Jones & Company, Inc.)

SAN FRANCISCO -- The rolling blackouts in the San Francisco Bay area are
creating new demand for a long-overlooked source of power that is cheap,
plentiful and close by -- the wind.
One of the world's largest concentrations of wind turbines, some 7,000 of
them, are situated in the Altamont Pass, which separates the bay from
California's arid Central Valley. The windmills generate electricity at less
than half the cost of natural-gas-generated power, which has been running as
high as 15 cents to 20 cents per kilowatt-hour.
Passersby have for years poked fun at the windmills, which were built in the
wake of the last energy crisis in the 1970s. Then, the state and federal
government backed the plentiful power source with tax credits and price
guarantees that proved lucrative to investors and provided the state with an
alternate source of cheap electricity. But when natural-gas prices fell in
the late 1980s, and the tax credits were pulled out, the windmill industry
collapsed from 12 turbine manufacturers to one and most power companies
turned back to cheap fossil fuels.
Now, with California utilities struggling to keep the state lit, this
alternative energy source is making a comeback as one, albeit slight,
solution to the West's energy crisis. "It's not a full answer, but it's part
of the answer," says Robert Morrison, vice president of renewable generation
for "windmill farm" developer FPL Energy LLC, a unit of big energy provider
FPL Group Inc., based in Juno Beach, Fla., which also owns Florida Power &
Light Co.
Indeed, as energy providers scramble for alternatives to fossil fuels like
natural gas, which has soared in price, windmill farms are sprouting up from
the plains of West Texas to the badlands of the Northwest's Columbia Gorge.
There are 13,000 of the windmills in all -- 1,000 of them built over the past
five years.
On the Washington-Oregon border, FPL Energy is building a 470-windmill farm
atop ridges overlooking the Columbia River. When completed by the end of this
year it will be the world's biggest wind-generation plant, though its output
of 300 megawatts of electricity will be only about half the capacity of a
comparable coal or gas plant, industry officials say. And the so-called
Stateline project is one of the first new wind farms that is expected to turn
a profit without relying on government tax credits.
By using newer technology, Stateline is likely to be far more efficient than
wind farms of the past. While the windmills are far fewer in number than at
places like Altamont Pass, where they are densely placed, they have bigger
blades and can generate significantly more electricity.
With the project coming online in the midst of the West's energy crunch,
participants say the timing couldn't have been better. "We're lucky, and
we're smart, in that we have been planning for wind energy the past five
years," says Barrett Stambler, director of renewable business development for
a unit of PacifiCorp, a Portland, Ore., company that has agreed to buy the
power in its development agreement with FPL.
Elsewhere, Enron Corp. has recently deployed about 200 windmills in Southern
California and West Texas, along with 500 more in Minnesota and Iowa. Those
come on top of the 2,000 windmills Enron has operated for several years in
the Tehachapi Mountains north of Los Angeles. Also in Texas, Enron and some
other companies are building wind farms that will generate about 700
megawatts of power when completed this year, quadrupling that state's
wind-generation capacity.
"Wind indeed is ready for prime time," says Ralph Cavanagh, energy program
director for the Natural Resources Defense Council, an environmental group
based in New York.
But wind isn't likely to displace oil and gas anytime soon. In California,
where they are most abundant, wind farms account for roughly 1.5% of the
state's electricity production, according to the American Wind Energy
Association, an industry trade group in Washington, D.C. The group is pushing
for federal legislation that could boost wind power to about 5% of the
nation's overall power generation over time, from the current three-tenths of
a percent.
The intermittent nature of wind gusts means wind farms can never be as
reliable as a traditional fuel source. But the flip side to that, say wind
proponents, is that the wind farms are so easy to build -- essentially
hoisting the towers and running cables to a substation -- that it takes only
a year from start to finish to put one in operation. Coal and gas plants, by
contrast, can take as long as five years to complete.
And of the other major renewable energy sources -- solar, hydro, biomass
(burning natural waste such as wood chips) and geothermal -- wind is seen by
both the industry and environmentalists as the cheapest and greenest
alternative. Both solar and biomass plants are costly, they say, while
hydroelectrical dams are expensive and harmful to rivers. Geothermal plants,
which pump hot water out of the ground, have drawn criticism in parts of the
West for draining thermal springs -- some revered by native tribes.
Windmills, by contrast, are praised by most environmentalists as virtually
pristine energy sources with little impact on anything other than birds
flying into the blades. The newer turbines' bigger blades turn more slowly,
giving birds a better chance, industry officials say. With such advantages,
93% of a $40 million fund allocated to alternative energy that California
officials auctioned to power companies this month went to wind-generation
projects.
Until recent years, wind was a relatively dirty word in Western power
circles. After a building boom in the 1980s, fueled by tax credits to make
the machines, thousands of the metallic-bladed windmills popped up, offering
utilities an alternative that was then only slightly more expensive than
fossil fuels. But at the same time that the credits expired in the late
1980s, prices of electricity generated by natural gas plunged to about three
cents a kilowatt-hour from as high as 10 cents; the wind farms with their
five-cents-a-kilowatt power became noncompetitive.
The industry started crawling back in the early 1990s, after Congress
reinstated tax incentives, this time tied to wind-energy production, not just
to making the turbines. With other local incentives, such as long-term price
guarantees in California, FPL, Enron and other energy producers increased
their investment in the technology.
PacifiCorp, for instance, bought a smaller 40-megawatt wind farm in Wyoming
about five years ago as a training ground for expanded wind efforts. It
learned a lesson: Don't select a site near already-jammed transmission lines
-- as turned out to be the case in Wyoming because of the state's numerous
coal and gas plants -- because it rules out growth.
In seeking a home for its Stateline wind farm, PacifiCorp settled on the
Columbia River area near Walla Walla, Wash., both because of abundant wind
and the area's proximity to a less-congested part of the West's transmission
grid. Its partner, FPL, had built a smaller, 25-megawatt wind farm there four
years ago.
Unlike in places like the Altamont Pass, where thousands of windmills created
an eyesore in the opinion of many, residents of the Walla Walla area were
mostly supportive of having fewer turbines, spaced comfortably apart. There
is enough room for landowners to continue operating their wheat farms around
the machines.
"Plus this supports our values of doing sustainable, `green' building
wherever we can," says Peter Harvey, chief financial officer of Whitman
College in Walla Walla, which is leasing out some of its wheat land for the
windmills.
The cost of wind energy from Stateline is between three cents and five cents
a kilowatt-hour -- compared with as much as 20 cents from natural gas. The
project's timing is pefect. Terry Hudgens, PacifiCorp's senior vice president
of power supply, says the company's customers are pleading for power. "They
just want the energy," he says.
International
World Watch
Compiled by David I. Oyama

01/26/2001
The Wall Street Journal
A10
(Copyright (c) 2001, Dow Jones & Company, Inc.)

ASIA/PACIFIC
Indian Utility May Miss Enron Payment
India's cash-strapped Maharashtra State Electricity Board was expected to
miss a deadline last night for paying 1.59 billion rupees ($34.3 million) to
Dabhol Power, a unit of Enron of the U.S., for electricity purchased in
December. It again raised the possibility of Enron invoking letters of credit
or guarantees provided by the state and federal governments to force payment.
The Maharashtra state government said it hadn't yet considered a request by
the electricity board for funds to pay the bill, and didn't expect to do so
until next week. Dabhol Power sells its entire output to the electricity
board.
Houston Chronicle Working Column
L.M. Sixel

01/26/2001
KRTBN Knight-Ridder Tribune Business News: Houston Chronicle - Texas
Copyright (C) 2001 KRTBN Knight Ridder Tribune Business News; Source: World
Reporter (TM)

ENRON RATING SETUP IRKS MANY WORKERS: Tongues are wagging at Enron Corp., and
it's not because of the bonuses they're expecting next month.
Employees are irate about a new performance-review ranking system that pits
them against each other.
Under the system, nicknamed "rank and yank," employees will be put in one of
five categories: 5 percent will be identified as "superior," 30 percent will
be labeled "excellent," 30 percent will be called "strong," 20 percent will
be labeled "satisfactory" and 15 percent will be called "needs improvement"
or "issues."
An insider said "needs improvement" means "you have one leg hanging out the
window." And "issues" is Enron lingo for "you're gone."
The rankings, whose names reportedly took Enron officials hours to come up
with, are not based just on performance.
Instead, they compare employee against employee.
"It is possible, therefore, for someone to perform at the same or higher
level compared to prior periods, yet receive a lower rating for the current
period if other employees' performance raised the bar," according to a memo
from Chief of Staff Steven Kean and Executive Vice President Cindy Olson that
was distributed this month.
While employees are competing against each other for ratings, they're also
expected to be team players, according to the memo.
The problem, according to someone familiar with the new system, is the
horse-trading that goes on when the rankings are divided up.
Managers trade rankings like baseball cards, explained the insider, offering
to downgrade one employee if they can get a better rating for another
employee.
An employee's ranking is more a function of the negotiating skills of the
manager he is working for, the insider said.
Olson, who's over human resources and community relations, said no
horsetrading is going on. The rankings, due out this week, aren't set in
stone, she said. Only 9 percent of employees were rated in the bottom
category while 6 to 7 percent were labeled superior, she said.
But Olson said she can see how employees might be worried about the prospect
of bargaining.
She speculated that one reason employees might worry is because it's a new
system for about 60 percent of Enron's employees. In years past, only the
wholesale energy services group was ranked this way.
Some human resource managers expressed surprise that Enron, which is known
for hiring superstars, apparently feels that it must get rid of so many
employees -- or at least put them on notice that they're not doing well.
It doesn't say much about the confidence of your recruiting system if you're
getting rid of 10 to 15 percent of your work force each year, said a human
resource manager in Houston who asked to remain anonymous.
Some people, as smart and talented as they are, just don't fit into Enron's
culture, Olson said. It's a company that doesn't tell people what to do; you
have to know what adds value, she said. Some folks just have a hard time in
that environment.
After thinking about it for a moment, Olson added that maybe Enron's
recruiters aren't doing a good enough job weeding out the people who wouldn't
do well in an entrepreneurial environment.
Forced ranking systems were popular several years ago. But they fell out of
favor, in part because they were seen as damaging employee motivation.
Several years ago, Houston Lighting & Power put in a forced ranking system,
dividing all employees into four groups, with "1" the top group and "4" the
lowest. Employees were so angry with the system that some work crews had
T-shirts printed: "Don't ask me -- I'm a 3."
Olson said she doesn't see a problem with motivation. People like to know how
they stand and will work hard to reach the top category, she said.
But many of the employees -- at least the ones who rate above satisfactory --
won't know how they're rated. Managers don't have to reveal the ratings.
And as for figuring out what it takes to be superior? You've got to reinvent
your job, add new business lines or create something totally new.
"Employees understand that when it's explained to them," Olson said.
To voice comments, telephone 713-220-2000 and dial in code 1002. Send e-mail
to lm.sixelchron.com.


I attach a draft agenda for the next meeting of the Japan Working group which
is scheduled for next Thursday 8 June at 8am (Tokyo) 7am (Singapore) and
Wednesday 7 June 6pm (Houston). As usual the meeting will last for 1 hour.

You will note that the agenda includes an item to discuss the scope of the
working group. While the working group should remain a forum for the exchange
of ideas across functions within the Public Affairs group, it will be
proposed that the group be expanded to cover the other east Asian regions in
which members of the Public Affairs group currently operate. To this end,
Mike Dahlke (Korea), David Merrill (SE Asia) and Rob McGrory (Australia) have
been invited to join the meeting.

Call in details and minutes from the last meeting will be circulated prior to
the conference call.

Please let me know if you are unable to attend the meeting or have any
comments in relation to the draft agenda.

kind regards


It probably won't be available until after the Holiday.   The reason I say that is because we haven't received the bill from Public Service yet.

Are you out any time from now until the end of the month?

 -----Original Message-----
From: 	Parker, Megan
Sent:	Monday, November 19, 2001 12:57 PM
To:	Staab, Theresa
Subject:	Citizens 10/01

Theresa:
Do you know when the Citizens numbers will be ready for Oct. 2001?  I'm trying to get them billed before the holidays.

Thanks,
Megan


-----Original Message-----
From: 	Tian, Yuan
Sent:	Thursday, June 07, 2001 1:16 PM
To:	Weldon, V. Charles
Subject:	 Resume

Hey, Charlie,

Here is my resume.  Thank you very much for the help.

Yuan  Tian
Ext. 53579


Tom,

I believe that your right up correctly interprets the current model, but as
we discussed, I think the more correct methodology is to use the next day's
cash price since the Gas Daily print is for gas traded the previous day and
delivered the same day as the print.  If I'm trading day gas on April 7th,
the prices I'm basing my decisions on are those represented in the Gas Daily
print for April 8th.  If we do not change the model, I think we need another
sentence to clarify that the cash prices a day behind.  Of course, eventually
we need to fix the model.

Mat

Tom Halliburton
02/02/2001 08:25 AM
To: Matt Smith/NA/Enron@ENRON
cc:

Subject: Interpreting Curves Data

Matt,
Here's a one page document showing how I have interpreted the curves data.
If you would like any changes, please mark up / edit and I'll make the
changes today.

Tom


Gary,

Any interest in this candidate? His profile
does not exactly match my  requirements.

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 11/14/2000
04:37 PM ---------------------------

"Paul Rowady" <epr@pipeline.com> on 11/14/2000 04:09:43 PM
To: "Vince Kaminski" <vkamins@enron.com>
cc:
Subject: Seeking opportunity in computational finance

Dear Vince:

In following up on my voicemail message today, I attach my resume below for
your review and consideration.

It's ironic that you called while I was putting the message together.  I
will keep it short and look forward to speaking to you at your convenience.

Best regards,

Paul

E. Paul Rowady, Jr.
2300 West Alabama, Suite 69
Houston, Texas  77098

713-807-8624   home / fax
713-539-4541   mobile
epr@pipeline.com

 - Paul Rowady2.doc


Congratulations to you and Lanettte on the birth of Nicole Mackenzie.  What a
pretty name!  I was in London last week and got the news while I was there.

I hope that everyone in your household is doing well, although I know that
you are probably a bit sleep deprived.  That will pass - although with your
first one that is really hard to believe.  Please stop by as soon as you have
pictures.  I would love to see them.  --Sally


<http://www.sportsline.com/links/6/1/205/sffer1016ph.cgi>
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You are receiving these e-reports because you have signed up for CBS SportsLine.com Fantasy Football. To customize, reschedule, or turn off these reports please click here <http://football210.fantasy.sportsline.com/mp/options-ereports?league=ee&owner=96876.9>

Summary Standings
  <http://ad.doubleclick.net/ad/N1549.sportsline.com/B44933.5;sz=1x1;ord=1?>
Team	W	L	T	Pct	Back	Strk	W! ks! 	PF	Back	PA
TexOK <http://football210.fantasy.sportsline.com/mp/elink?script=rosters&league=ee&owner=96876.9&random=2792&key=9&>	4	2	0	0.667	0.0	W2	1.0	313.0	39.0	288.0
Grigsby <http://football210.fantasy.sportsline.com/mp/elink?script=rosters&league=ee&owner=96876.9&random=2792&key=13&>	4	2	0	0.667	0.0	W2	0.5	307.0	45.0	267.0
Fear <http://football210.fantasy.sportsline.com/mp/elink?script=rosters&league=ee&owner=96876.9&random=2792&key=10&>	4	2	0	0.667	0.0	W4	0.0	297.0	55.0	229.0
Hardtail Amigos <http://football210.fantasy.sportsline.com/mp/elink?script=rosters&league=ee&owner=96876.9&random=2792&key=5&>	4	2	0	0.667	0.0	L2	1.0	276.0	76.0	232.0
TayDang <http://football210.fantasy.sportsline.com/mp/elink?script=rosters&league=ee&owner=96876.9&random=2792&key=11&>	4	2	0	0.667	0.0	W2	0.5	268.0	84.0	249.0
Pink Panthers <http://football210.fantasy.sportsline.com/mp/elink?script=rosters&league=ee&owner=96876.9&random=2792&key=4&>	3	3	0	0.500	1.0	L2	1.0	271.0	81.0	256.0
Tomaski <http://football210.fantasy.sportsline.com/mp/elink?script=rosters&league=ee&owner=96876.9&random=2792&key=2&>	3	3	0	0.500	1.0	L2	0.0	245.0	107.0	249.0
FJS <http://football210.fantasy.sportsline.com/mp/elink?script=rosters&league=ee&owner=96876.9&random=2792&key=12&>	3	3	0	0.500	1.0	L2	0.0	208.0	144.0	261.0
Metz <http://football210.fantasy.sportsline.com/mp/elink?script=rosters&league=ee&owner=96876.9&random=2792&key=6&>	2	3	1	0.417	1.5	W1	0.0	222.0	130.0	239.0
The Rocks <http://football210.fantasy.sportsline.com/mp/elink?script=rosters&league=ee&owner=96876.9&random=2792&key=8&>	2	4	0	0.333	2.0	W2	2.0	352.0	0.0	343.0
McKay <http://football210.fantasy.sportsline.com/mp/elink?script=rosters&league=ee&owner=96876.9&random=2792&key=7&>	2	4	0	0.333	2.0	L1	0.0	166.0	186.0	211.0
Top Dogs <http://football210.fantasy.sportsline.com/mp/elink?script=rosters&league=ee&owner=96876.9&random=2792&key=1&>	0	5	1	0.083	3.5	L2	0.0	196.0	156.0	297.0

Scoring Statistics
  <http://ad.doubleclick.net/ad/N1549.sportsline.com/B44933.5;sz=1x1;ord=1?>
Grigsby Actives
Player	Pos	Scoring	Score
Manning, Peyton <http://football210.fantasy.sportsline.com/mp/elink?script=player-profile&league=ee&owner=96876.9&random=2792&key=12531&team=13&>	QB	335 PaYd (11 Pts), 1 PaTD (2) (4 Pts), 1 Pa2P (2 Pts)	17.0
Faulk, Marshall <http://football210.fantasy.sportsline.com/mp/elink?script=player-profile&league=ee&owner=96876.9&random=2792&key=1109&team=13&>	RB	 	0.0
Garner, Charlie <http://football210.fantasy.sportsline.com/mp/elink?script=player-profile&league=ee&owner=96876.9&random=2792&key=1149&team=13&>	RB	 	0.0
Crowell, Germane <http://football210.fantasy.sportsline.com/mp/elink?script=player-profile&league=ee&owner=96876.9&random=2792&key=12306&team=13&>	WR	1 ReTD (46) (6 Pts), 65 RuReYd (3 Pts)	9.0
Galloway, Joey <http://football210.fantasy.sportsline.com/mp/elink?script=player-profile&league=ee&owner=96876.9&random=2792&key=1286&team=13&>	WR	 	0.0
Pickens, Carl <http://football210.fantasy.sportsline.com/mp/elink?script=player-profile&league=ee&owner=96876.9&random=2792&key=1211&team=13&>	WR	 	0.0
Conway, Brett <http://football210.fantasy.sportsline.com/mp/elink?script=player-profile&league=ee&owner=96876.9&random=2792&key=1385&team=13&>	K	1 FG (23) (3 Pts), 2 XP (2 Pts)	5.0
Jaguars <http://football210.fantasy.sportsline.com/mp/elink?script=player-profile&league=ee&owner=96876.9&random=2792&key=13&team=13&>	DT	2 SACK (2 Pts)	2.0
  <http://images.commissioner.com/images/dot_clear.gif>
TOTALS	 	 	33.0

Grigsby Reserves
Player	Pos	ST	Scoring	Score
Aikman, Troy <http://football210.fantasy.sportsline.com/mp/elink?script=player-profile&league=ee&owner=96876.9&random=2792&key=1019&team=13&>	QB	RS	 	0.0
Barber, Tiki <http://football210.fantasy.sportsline.com/mp/elink?script=player-profile&league=ee&owner=96876.9&random=2792&key=1782&team=13&>	RB	RS	80 RuReYd (5 Pts)	5.0
Chargers <http://football210.fantasy.sportsline.com/mp/elink?script=player-profile&league=ee&owner=96876.9&random=2792&key=24&team=13&>	DT	RS	2 Int (6 Pts), 1 DTD (88) (6 Pts), 4 SACK (4 Pts), 1 DFR (3 Pts)	19.0
Price, Peerless <http://football210.fantasy.sportsline.com/mp/elink?script=player-profile&league=ee&owner=96876.9&random=2792&key=133393&team=13&>	WR	RS	 	0.0
Ward, Hines <http://football210.fantasy.sportsline.com/mp/elink?script=player-profile&league=ee&owner=96876.9&random=2792&key=12795&team=13&>	WR	RS	53 RuReYd (2 Pts)	2.0
[Morris, Bam]	RB	RS	 	0.0
  <http://images.commissioner.com/images/dot_clear.gif>
TOTALS	 	 	 	26.0
Player Updates NFL Reports
  <http://ad.doubleclick.net/ad/N1549.sportsline.com/B44933.5;sz=1x1;ord=1?>
Latest NFL Player News

Warrick Dunn <http://football210.fantasy.sportsline.com/mp/elink?script=players&league=ee&owner=96876.9&random=2792&key=1171&>, RB TB - TexOK Updated 10/23/01
According to the St. Petersburg Times, Dunn doesn't have a hamstring strain, as was originally reported. Dunn won't practice until late in the week, however, but he is expected to play on Sunday against Minnesota.

Duce Staley <http://football210.fantasy.sportsline.com/mp/elink?script=players&league=ee&owner=96876.9&random=2792&key=1757&>, RB PHI - TayDang Updated 10/23/01
Staley started Monday's game against the N.Y. Giants, but he didn't finish it. Staley carried the ball just three times for 22 yards, and was spelled late in the game by! r! ookie Correll Buckhalter, who gained 34 yards on 11 carries late in the game. At this point, it's tough to depend on Staley to post consistent Fantasy numbers, so consider reserving him if your roster allows for a solid replacement.

Joe Nedney <http://football210.fantasy.sportsline.com/mp/elink?script=players&league=ee&owner=96876.9&random=2792&key=1389&>, K TEN - Free Agent Updated 10/23/01
Nedney suffered a neck injury in Sunday's game but is expected to play this week.

Erron Kinney <http://football210.fantasy.sportsline.com/mp/elink?script=players&league=ee&owner=96876.9&random=2792&key=187582&>, TE TEN - Free Agent Updated 10/23/01
Kinney will be listed on the injury report because of a calf injury. However, he is expected to play in this week's game.

Kevin Dyson <http://football210.fantasy.sportsline.com/mp/elink?script=players&league=ee&owner=96876.9&random=2792&key=12342&>, WR TEN - Pink Panthers Updated 10/23/01
Dyson is recovering from a thumb injury but is expected to play in Monday's game against the Steelers. He is expected to participate in practice.

Eddie George <http://football210.fantasy.sportsline.com/mp/elink?script=players&league=ee&owner=96876.9&random=2792&key=1174&>, RB TEN - Fear Updated 10/23/01
George suffered a thumb injury in Sunday's game. He is expected to play in this week's game.

Steve McNair <http://football210.fantasy.sportsline.com/mp/elink?script=players&league=ee&owner=96876.9&random=2792&key=1069&>, QB TEN - McKay Updated 10/23/01
McNair is suffering from a sore ankle as a result of a play in Sunday's game. However, he is expected to play in this week's game.

Chris Sanders <http://football210.fantasy.sportsline.com/mp/elink?scrip! t=! players&league=ee&owner=96876.9&random=2792&key=1306&> , WR TEN - Free Agent Updated 10/23/01
The Tennessean reports that Sanders has a disc problem in his back. The reserve receiver is expected to see a specialist this week. Treatment options consist of rest, an injection, or surgery. Don't expect Sanders to play anytime soon. Rookie Drew Bennett will play in his absence.

Damon Jones <http://football210.fantasy.sportsline.com/mp/elink?script=players&league=ee&owner=96876.9&random=2792&key=1736&>, TE JAC - Free Agent Updated 10/23/01
Jones is expected to resume practicing on Wednesday. An MRI on his shoulder showed that his injury would not require surgery.

Fred Taylor <http://football210.fantasy.sportsline.com/mp/elink?script=players&league=ee&owner=96876.9&random=2792&key=12753&>, RB JAC - Hardtail Amigos Updated 10/23/01
Taylor has been ruled out of Sunday's game against Baltimore and his status for next week's game remains uncertain. "All I know is that, from week to week, they increase his exercises and change of direction," head coach Tom Coughlin told The Florida Times-Union. "It remains to be seen when Fred will be able to play. Progress is slow. I'm hoping he responds well this week, then we can make some kind of legitimate guess [about a return date] next week." Taylor has been inactive since severely injuring his groin on Sept 23.

Dennis Northcutt <http://football210.fantasy.sportsline.com/mp/elink?script=players&league=ee&owner=96876.9&random=2792&key=187617&>, WR CLE - Free Agent Updated 10/23/01
Northcutt left Sunday's game because of a concussion. He is expected to play when the Browns return to action next week.

Todd Heap  <http://football210.fan! ta! sy.sportsline.com/mp/elink?script=players&league=ee&owner=96876.9&random=2792&key=235215&>, TE BAL - Free Agent Updated 10/23/01
Heap did not play Sunday but head coach Brian Billick told The Baltimore Sun he is optimistic that the rookie will play in this week's game. Heap has been inactive for the last four games because of a sprained ankle.

Terry Allen <http://football210.fantasy.sportsline.com/mp/elink?script=players&league=ee&owner=96876.9&random=2792&key=1177&>, RB BAL - Hardtail Amigos Updated 10/23/01
Allen, who left after the fifth play of Sunday's game with a sprained ankle, is questionable for this week's game. Jason Brookins will start at running back if Allen is inactive.

Elvis Grbac <http://football210.fantasy.sportsline.com/mp/elink?script=players&league=ee&owner=96876.9&random=2792&key=1035&>, QB BAL - TexOK Updat! ed! 10/23/01
Coach Brian Billick expects Grbac to be ready for Sunday's game against Jacksonville, but the quarterback wasn't so sure. "I'm day-to-day. I'm feeling pretty sore in the chest area," Grbac said Monday. "There could be something going on with the cartilage. I haven't picked up a ball or thrown a ball, so we'll just have to wait and see." Randall Cunningham will replace Grbac if he is unable to play.

Az-Zahir Hakim <http://football210.fantasy.sportsline.com/mp/elink?script=players&league=ee&owner=96876.9&random=2792&key=12411&>, WR STL - Metz Updated 10/23/01
Hakim suffered a calf injury during Sunday's blowout win over the New York Jets. However, he is expected to be available for this weekend's game against New Orleans.

T! ru! ng Canidate <http://football210.fantasy.sportsline.com/mp/elink?script=players&league=ee&owner=96876.9&random=2792&key=187503&>, RB STL - Free Agent Updated 10/23/01
According to the St. Louis Post-Dispatch, Canidate is expected to start in place of Marshall Faulk this weekend against New Orleans. "I wouldn't expect Marshall to be up for this game," coach Mike Martz said. "He's got to be 100 percent before I would be convinced that we've got to let him play. And if he's not, then he doesn't play." Canidate proved himself as a worthy replacement last Sunday against the Jets, and should be starting from a Fantasy perspective again this week.

J.J. Stokes <http://football210.fantasy.sportsline.com/mp/elink?script=players&league=ee&owner=96876.9&random=2792&key=1292&>, WR SF - Free Agent Updated 10/23/01
Stokes spent much of the bye week tending to his injured legs, and is close to being completely healthy. "Thankfully the bye week came so early. It was a blessing for me because I was a! bl! e to get treatment every day," Stokes told the Contra Costa Times . "I practiced today good. I wouldn't say I'm 100 percent but I'm darn close." Stokes has been less than mediocre, however, so don't use him as a regular starter unless he proves himself to be more reliable.

Ike Hilliard <http://football210.fantasy.sportsline.com/mp/elink?script=players&league=ee&owner=96876.9&random=2792&key=1785&>, WR NYG - Pink Panthers Updated 10/23/01
Hilliard continues to improve each week, and is now back in the Giants' starting lineup. Hilliard led the G-Men with six catches for 80 yards on Monday night against Philadelphia, and looked as though his surgically-repaired foot is almost completely healed.

Ron Dixon <http://football210.fantasy.sportsline.com/mp/elink?script=players&league=ee&owner=96876.9&random=2792&key=187527&>, WR NYG - Free Agent Updated 10/23/01
Dixon missed Monday night's 10-9 loss to the Philadelphia Eagles due to a sprained ankle. The reserve wideout is day-to-day.

Marshall Faulk <http://football210.fantasy.sportsline.com/mp/elink?script=players&league=ee&owner=96876.9&random=2792&key=1109&>, RB STL - Grigsby Updated 10/23/01
According to Head Coach Mike Martz, Faulk is questionable for Sunday's game against New Orleans. "I'm just taking the same posture that we did a week ago," Martz said. "I would not expect Marshall to be up (active) for this game. He's got to be 100 percent before I'll be convinced that we've got to let him play." Trung Canidate would once again start in Faulk's absence is he's unable to go.

Anthony Wright <http://football210.fantasy.sportsline.com/mp/elink?script=players&league=ee&owner=96876.9&random=2792&key=134342&>, QB DAL - Free Agent Updated 10/23/01
Wright is expected to start Sunday's game against Arizona despite swelling in his right knee. Ryan Leaf could see some action in the game, however, so starting Wright from a Fantasy perspective isn't advisable.

Dez White <http://football210.fantasy.sportsline.com/mp/elink?script=players&league=ee&owner=96876.9&random=2792&key=187682&>, WR CHI - Free Agent Updated 10/23/01
According to the Chicago Sun-Times, White will start in place of the injured Marcus Robinson. White has struggled with his ball-catching abilities, however, so be cautious in picking him up outside of deeper leagues.

David Terrell <http://football210.fantasy.sportsline.com/mp/elink?script=players&league=ee&owner=96876.9&random=2792&key=235247&>, WR CHI - Free Agent Updated 10/23/01
Terrell ! wi! ll not start at wide receiver in place of the injured Marcus Robinson, as was reportedly earlier. The Chicago Sun-Times is now reporting that Dez White will start in place of Robinson, with Terrell being used as the team's third receiver.

Tony Martin <http://football210.fantasy.sportsline.com/mp/elink?script=players&league=ee&owner=96876.9&random=2792&key=1282&>, WR ATL - TexOK Updated 10/23/01
Martin will have an X-ray on his broken right collarbone this week. The team feels confident that Martin will be available for their Nov. 11 game against Dallas, so Fantasy owners should keep him on reserve until then.

Rob Moore <http://football210.fantasy.sportsline.com/mp/elink?script=players&league=ee&owner=96876.9&random=2792&key=1183&>, WR ARI - FJS Updated 10/23/01
According to Cardinals coach Dave McGinnis, Moore may not play a regular season game this season.! M! oore, who has been dealing with a hamstring injury, continues to have setbacks in his recovery. "I was hoping we'd see him by now, McGinnis told the Arizona Republic. "That's why we both handled it like we did in training camp and we paced him. We were planning to have him from the start. I can't tell you when he'll be back. Until he can practice for a couple of weeks, we won't have him." If Moore is still on your Fantasy roster, now is the time to let him go.

Tiki Barber <http://football210.fantasy.sportsline.com/mp/elink?script=players&league=ee&owner=96876.9&random=2792&key=1782&>, RB NYG - Grigsby Updated 10/22/01
Barber, who is probable with a hamstring injury, is expected to play Monday night against Philadelphia. Still, he will not get many carries, as Ron Dayne is expected to get the bulk of the work. Barber might be on the verge of losing the starting job outright for the remainder of the season.

Richard Huntley <http://football210.fantasy.sportsline.com/mp/elink?script=players&league=ee&ow! ne! r=96876.9&random=2792&key=1456&>, RB CAR - Free Agent Updated 10/22/01
Panthers Head Coach George Seifert said Monday that Huntley will enter Week Seven as the team's starting tailback. "He has progressed from the standpoint that he is now healthy," said Seifert. "Here's a golden opportunity." See if Huntley is still available in your league, as he looks to be the first player given a shot to claim the Carolina starting RB job.

Jacquez Green <http://football210.fantasy.sportsline.com/mp/elink?script=players&league=ee&owner=96876.9&random=2792&key=12405&>, WR TB - Free Agent Updated 10/22/01
Green suffered a left hip sprain during Sunday's game against Pittsburgh. The injury will prevent him from practicing much this week, and could keep him out of next Sunday's game against Minnesota. Monitor Green's progress during the week before deciding whether to use him in Week Seve! n.!

Keyshawn Johnson <http://football210.fantasy.sportsline.com/mp/elink?script=players&league=ee&owner=96876.9&random=2792&key=1265&>, WR TB - The Rocks Updated 10/22/01
Johnson was sidelined for the final minutes of Sunday's game against Pittsburgh due to a right hip flexor strain. He will be limited in practice this week and could miss next Sunday's game against Minnesota. Keep an eye on Johnson's progress this week as you prepare your lineup for Week Seven.

Warrick Dunn <http://football210.fantasy.sportsline.com/mp/elink?script=players&league=ee&owner=96876.9&random=2792&key=1171&>, RB TB - TexOK Updated 10/22/01
Dunn suffered a strained right hamstring during Sunday's game against Pittsburgh. "I don't know what kind of situation we're going to be in," Bucs Head Coach Tony Dungy told the! St. Petersburg Times . "Warrick pulled a muscle, and he may be out a little while. So I don't know who it'll be carrying the load." Dunn's backup, Aaron Stecker, is also injured, so be careful considering starting any Tampa Bay running backs in Week Seven.

More Updates <http://football210.fantasy.sportsline.com/mp/elink?script=pro-player-updates&league=ee&owner=96876.9&random=2792&start=30&>  <http://football210.fantasy.sportsline.com/mp/open_gif?splnid=6c9f5755f428de1a&league=ee&owner=96876.9&email=7e42a28a21d85b828ac4d9d45fbd98b6927b929c31cf0865&sport=football&vend=CBS%20SportsLine.com&product=mgmt&time=20011023&type=ereport&random=2792>
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----- Forwarded by Tana Jones/HOU/ECT on 11/03/2000 08:53 AM -----

	David Forster@ENRON
	11/02/2000 06:09 PM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: Re: ETA Amendment-Modesto Irrigation District

Tana,

I don't recall this customer. Is this one which I approved?

Dave

From: Tana Jones@ECT on 11/02/2000 03:10 PM
To: Lisa Lees/HOU/ECT@ECT, Stephanie Sever/HOU/ECT@ECT, David
Forster/Corp/Enron@Enron
cc: Stewart Rosman/HOU/ECT@ECT, Leslie Hansen/HOU/ECT@ECT

Subject: ETA Amendment-Modesto Irrigation District

We have received the executed Letter Agreement dated 09/04/00 amending the
Electronic Trading Agreement with the referenced Counterparty.  Copies will
be distributed.


Have you talked to Karl yet?  Do you mind calling him?

Thanks,

Kay


Kay,

 I will be down that weekend, but I am not sure about the rest of the family.
All is well here.  I will try to bring some pictures if I can't bring the
real thing.

Keith


One day, when I was a freshman in high school, I saw a kid from my
class was walking home from school. His name was Kyle. It looked
like he was carrying all of his books. I thought to myself, "Why would anyone
bring home all his books on a Friday? He must really be a nerd." I had
quite a weekend planned (parties and a football game with my friends
tomorrow (afternoon), so I shrugged my shoulders and went on.

As I was walking, I saw a bunch of kids running toward him. They
ran at him, knocking all his books out of his arms and tripping him
so he landed in the dirt. His glasses went flying, and I saw them land in
the grass about ten feet from him. He looked up and I saw this terrible
sadness in his eyes. My heart went out to him. So, I jogged over
to him and as he crawled around looking for his glasses, I saw a tear
in his eye. As I handed him his glasses, I said, "Those guys are jerks.
They really should get lives." He looked at me and said, Hey thanks!"
There was a big smile on his face. It was one of those smiles that showed real
gratitude. I helped him pick up his books, and asked him where he lived. As
it turned out, he lived near me, so I asked him why I had never seen
him before. He said he had gone to private school before now. I
would have never hung out with a private school kid before. We talked all
the way home, and I carried his books. He turned out to be a pretty cool
kid. I asked him if he wanted to play football on Saturday with my
friends and me. He said yes.

We hung all weekend and the more I got to know Kyle, the more I liked him,
and my friends thought the same of him. Monday morning came, and there
was Kyle with the huge stack of books again. I stopped him and said,
"Boy, you are going to really build some serious muscles with this pile of
books
everyday!" He just laughed and handed me half the books.

Over the next four years, Kyle and I became best friends. When we
were seniors, we began to think about college. Kyle decided on
Georgetown, and I was going to Duke. I knew that we
would always be friends, that the miles would never be a problem. He was going
to be a doctor, and I was going for business on a football scholarship. Kyle
was
valedictorian of our class. I teased him all the time about being a nerd. He
had
to prepare a speech for graduation. I was so glad it wasn't me having
to get up there and speak. Graduation day came, and I saw Kyle.
He looked great. He was one of those guys that really found him during
high school. He filled out and actually looked good in glasses. He
had more dates than I had and all the girls loved him.

Boy, sometimes I was jealous. Today was one of those days. I could see
that he was nervous about his speech. So, I smacked him on the back and
said, "Hey, big guy, you'll be great!" He looked at me with one of those
looks (the really grateful one) and smiled. "Thanks," he said.
As he started his speech, he cleared his throat, and began.
"Graduation is a time to thank those who helped you make it through
those tough years. Your parents, your teachers, your siblings,
maybe a coach, but mostly your friends. I am here to tell all of you
that being a friend to someone is the best gift you can give him or her. I
am going to tell you a story."I just looked at my friend with
disbelief as he told the story of the first day we met. He had planned to kill
himself over the weekend.

He talked of how he had cleaned out his locker so his Mom wouldn't have to do
it later and was carrying his entire stuff home. He looked hard at me and
gave me a little smile. "Thankfully, I was saved. My  friend saved me from
doing the unspeakable." I heard the gasp go through the crowd as this
handsome, popular boy told us all about his weakest moment. I
saw his mom and dad looking at me and smiling that same grateful smile. Not
until that moment did I realize its depth.

Never underestimate the power of your actions. With one small gesture you can
change a person's life. For better or for worse. God puts us all in
each other's lives to impact one another in some way. Look for God
in others.

You now have two choices, you can:

(1) Pass this on to your friends or
(2) Delete it and act like it didn't touch your heart.

As you can see, I took choice number 1. "Friends are angels who
lift us to our feet when our wings have trouble remembering how to fly."
It's National Friendship Week. Show your friends how much you really
care.

Eleanor Roosevelt wrote: "Many people will walk in and out of
your life, but only true friends will leave footprints in your heart."

To handle yourself, use your head; to handle others, use your
heart.

 Anger is only one letter short of danger.

If someone betrays you once, it is his fault; if he betrays you twice, it is
your fault.

Great minds discuss ideas; Average minds discuss events; Small minds discuss
people.

He who loses money, loses much; He, who loses a friend, loses  much more; He,
who loses faith, loses all.

Beautiful young people are accidents of nature, but beautiful old people are
works of art.

Learn from the mistakes of others. You can't live long enough to make them
all yourself.

Friends, you and me....
you brought another friend....
and then there were 3.
 We started our group....
our circle of friends....
and like that circle....
there is no beginning or end.
 Yesterday is history...
Tomorrow's a mystery.
Today is a gift.

It's National Friendship Week. Show your friends how much you
care. Send this to everyone you consider a FRIEND. If
it comes back to you, then you'll know you have a circle of friends.

WHEN YOU RECEIVE THIS LETTER, YOU'RE REQUESTED
TO SEND IT TO AT LEAST 10 PEOPLE, INCLUDING THE PERSON
WHO SENT IT TO YOU.


Tim

Can you get someone (perhaps a marketer) to give me a one pager on the WAPA
deal.


> > > > > > The following is an actual question given on University of
> > > > > > Washington chemistry mid-term. The answer by one student was so
> > > > > > "profound" that the professor shared it with colleagues via the
> > > > > > Internet, which is of course, why we now have the pleasure of
> > > > > > enjoying it as well.
> > > > > >
> > > > > > Bonus Question: Is Hell exothermic (gives off heat) or
endothermic
> > > > > > (absorbs heat)?
> > > > > >
> > > > > > Most of the students wrote proofs of their beliefs using Boyle's
> > > > > > Law, (gas cools off when it expands and heats up when it is
> > > > > > compressed) or some variant.
> > > > > >
> > > > > > One student, however, wrote the following:
> > > > > >
> > > > > > First, we need to know how the mass of Hell is changing in time.
> >So
> > > > > > we need to know the rate that souls are moving into Hell and the
> > > > > > rate they are leaving.
> > > > > >
> > > > > > I think that we can safely assume that once a soul gets to Hell,
> >it
> > > > > > will not leave. Therefore, no souls are leaving. As for how many
> > > > > > souls are entering Hell, lets look at the different religions
that
> > > > > > exist in the world today. Some of these religions state that if
> >you
> > > > > > are not a member of their religion, you will go to Hell.
> > > > > >
> > > > > > Since there are more than one of these religions and since
people
> >do
> > > > > > not belong to more than one religion, we can project that all
> >souls
> > > > > > go to Hell.
> > > > > >
> > > > > > With birth and death rates as they are, we can expect the number
> >of
> > > > > > souls in Hell to increase exponentially. Now, we look at the
rate
> >of
> > > > > > change of the volume in Hell because Boyle's Law states that in
> > > > > > order for the temperature and pressure in Hell to stay the same,
> >the
> > > > > > volume of Hell has to expand proportionately as souls are added.
> > > > > >
> > > > > > This gives two possibilities:
> > > > > >
> > > > > > 1. If Hell is expanding at a slower rate than the rate at which
> > > > > > souls enter Hell, then the temperature and pressure in Hell will
> > > > > > increase until all Hell breaks loose.
> > > > > >
> > > > > > 2. Of course, if Hell is expanding at a rate faster than the
> > > > > > increase of souls in Hell, then the temperature and pressure
will
> > > > > > drop until Hell freezes over.
> > > > > >
> > > > > > So which is it?
> > > > > >
> > > > > > If we accept the postulate given to me by Ms. Teresa Banyan
during
> > > > > > my Freshman year that "...it will be a cold day in Hell before I
> > > > > > give you my number" and take into account the fact that I still
> >have
> > > > > > not succeeded in aquiring her number, then 2 cannot be true, and
> > > > > > thus I am sure that Hell is exothermic and will not freeze.
> > > > > >
> > > > > > The student received the only "A".
> > > > > >
> > > > >
> > >


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