Just received this on Brazil (financial)
----- Forwarded by Sara Shackleton/HOU/ECT on 05/16/2000 10:12 AM -----

	"MBTOS - Marcelo Rodrigues" <Mbtos@tozzini.com.br>
	05/15/2000 07:09 PM

		 To: Sara.Shackleton@enron.com
		 cc: Andrea.Bertone@enron.com, Brent.Hendry@enron.com, Lynn.Aven@enron.com,
Rick.Hopkinson@enron.com, afac@tozzini.com.br, Autumi@tozzini.com.br,
Krishna@tozzini.com.br, SAP@tozzini.com.br
		 Subject: Re: Financial Trading in Brazil

Dear Sara:

Please find attached hereto (i) Memo prepared in connection with certain
changes in the nonresident investor's regulations occurred in Brazil, and
(ii) revised Comparative Chart related to financial investments of
nonresidents in Brazil.

Should you have any questions on the above matters, please do not hesitate to
contact us.

Kind regards,

Marcelo Rodrigues

>>> "Sara Shackleton" <Sara.Shackleton@enron.com> 05/04 12:08 pm >>>

AFAC and Marcelo:  I hope this message finds you both well.  I would like to
finalize the matrix which was prepared last year so that we can create a
"baseline" for future updates.  Please feel free to date the matrix as of
December, 1999, if you wish.  Please forward any recent changes to me for
comment  and I will respond immediately.  Then we can move on to other things!
Thanks for your help and attention to this mattter.  Regards.  Sara
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 05/04/2000
10:34
AM ---------------------------

"MBTOS - Marcelo Rodrigues" <Mbtos@tozzini.com.br> on 03/13/2000 06:27:26 PM

To:   Sara.Shackleton@enron.com
cc:   Brent.Hendry@enron.com, Lynn.Aven@enron.com, afac@tozzini.com.br
Subject:  Re: Financial Trading in Brazil

Dear Sara:

Thank you for your E-mail below. We will be reflecting the new changes in the
regulations in the chart and will be sending it to your review as soon as
possible.

Kind regards,

Marcelo Rodrigues

>>> "Sara Shackleton" <Sara.Shackleton@enron.com> 03/13 2:29 pm >>>

Greetings to you both!  It has been awhile since we last spoke.  I would like
to
finalize the matrix which we have been discussing since the latter part of
1999.
Although we were awaiting new Central Bank regulations, I am beginning to
think
that the Central Bank revisions will not impact the matrix except with respect
to transactions which may be entered into by entities that are the subject of
the Central Bank regulations.  Please let me know whether or not you agree or
can offer any suggestions.  Thanks and regards.  Sara

 - M2689iii.doc
 - Char5.doc


I have not looked at this file yet.  Please pass it on to whomever you think
might need it.

---------------------- Forwarded by Chris Germany/HOU/ECT on 12/13/99 09:43
AM ---------------------------

Ed McMichael
12/13/99 08:27 AM
To: Chris Germany/HOU/ECT@ECT, Edith Cross/HOU/ECT@ECT, Billy
Lemmons/Corp/Enron@ENRON
cc: Scott Neal/HOU/ECT@ECT, Dick Jenkins/HOU/ECT@ECT, Colleen
Sullivan/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT
Subject: LDC deadline info.

FYI

Ed
---------------------- Forwarded by Ed McMichael/HOU/ECT on 12/13/99 08:25 AM
---------------------------

mflewellyn@columbiaenergygroup.com on 12/10/99 09:21:47 AM
To: Ed McMichael/HOU/ECT@ECT
cc:
Subject: LDC deadline info.

Attached is a spreadsheet containing all of the LDC nomination deadlines.  If
you have any questions, please do not hesitate to contact me.

 - ldc deadlines.xls


Taking the Texoma and the LS HPL - KATY to Zero effective at
4:00 pm today.

Thanks.
Tim

          (See attached file: hpl0609.xls)

 - hpl0609.xls


January 1, 2000

Earlier, with some trepidation, I turned on my laptop, opened up Word
(Microsoft's word processing program) and, once there, my journal.  I typed
in "January".  Before I could go on, however, Mr. Gates' program proudly
displayed the fact it knew where I was going, anticipating a date.  The
program guessed the date would be "January 1, 2000".  It was right.  I
smiled to myself at what seemed, at the moment, a bit of bravado.  I was
also pleased that I had apparently been left unbitten by the dreaded Y2K
bug, as had (I understood from the news reports) most of the rest of the
world.

I am happily settling down to a quiet Saturday night alone, after a
(slightly) booze-soaked Friday night of saying a great big "hey" to the new
millenium.  Last night my girlfriend Sukran and I had gone to my friend
Ismail's, joining his family and a dozen or so of his friends.  We drank
wine and raki (the Turkish version of the anise-based liquor that is
reported to have helped kill, among others, Turkey's founding father Mustafa
Kemal Ataturk).  We listened to and sang (here, I have to admit, I was still
mostly listening) Turkish songs, as well as a few by Bob Dylan (with me
privately concluding that "Blowing in the Wind", after hearing it again
after so many years, was the song of the century).

Closer to midnight we turned on the television, watched the view from the
air of Istanbul's magnificent Blue Mosque, set ablaze by its powerful
floodlights.  A smallish crowd, reported to be about 1,000, would later
watch a modest fireworks display there.  The TV switched to another aerial
view, this time of Istanbul's Taksim Square.  Though the square can fairly
described as Istanbul's Times Square, the crowd there, which I later learned
was overwhelmingly male, could not have numbered more than a few tens of
thousands.  At midnight the TV was shut off and we gathered around Ismail's
seventh floor windows.  From there we watched his neighbors, apparently
observing an age-old New Year's tradition in his neighborhood (Kurtulus),
dropped empty bottles from their windows into the street below.  The roof of
a Mercedes was dented.  Taxies wove their way between exploded bottles,
which on the pavement below -- from my somewhat alcohol-laced, seven-story
high perspective -- looked like giant snowflakes.  People hung from windows
along both sides of the street, some waving sparklers and shouting.  Passing
cars, ignoring the threat from above, tooted their horns merrily.  In the
distance was the sound of fireworks coming from Taksim and the sky, already
hazy from the ubiquitous smog, became spotted with clouds of drifting
gunpowder smoke.

As the night went on (and delightfully on) I learned that every one of the
couples at Ismail's, including Sukran and me, had had a serious fight
earlier in what was now the previous day.  I was surprised by this and
wondered (without reaching any conclusions) what it might have been about
the day that triggered such behavior.  Yet despite the troubling things
inspired by the final few moments of the last particularly wonderful and
terrible century, all were forgotten in the first few moments of the next
(and still undescribable) one -- replaced for the time being by smiles,
songs and much laughter.

And indeed it appears the night passed in a similarly positive fashion
worldwide.  Threats here in Turkey of attacks on millenium celebrations by
Islamic radicals -- apparently offended by both the booze and the brouhaha
over the passing of a date on the Christian calendar -- proved empty (or
perhaps frustrated by the conspicuous number of police).  Nothing else of
that kind, or of any other kind of awfulness, appeared to have occurred
anywhere in the world.  Even the Y2K bug seems to have been born without a
stinger.  What a nice way to start the new year/decade/century/millenium.

______________________________________________________
Get Your Private, Free Email at http://www.hotmail.com


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Since our department has grown, we have realized the need to add 3 new temporary IDs.  Following the instructions below, please add calendar access rights for EWS Legal Temp IDs 9, 10, and 11 (as show in blue below). While doing this, would you mind checking the other IDs as well to be sure they are listed.  When logging in temporaries we have discovered that some access rights work with some temp IDs, but not all.  Thank you!
================================
For Outlook users only!

Since we have migrated to Outlook, we have not been able to give calendar/e-mail access to the temporaries filling in for our department.  Apparently, the access rights we all had set up in Lotus Notes cannot be migrated to Outlook.  Thus, we need all attorneys and specialists to give access rights to all the department Temporary IDs as soon as possible.  You can control how much access you would like to give, and for what.  For example, you could give full revision access to your calendar and read-only for your e-mail or access only to your calendar and no access to your e-mail.  It's up to you.

Please give access to the following IDs:
EWS Legal Temp 1
EWS Legal Temp 2
EWS Legal Temp 3
EWS Legal Temp 4
EWS Legal Temp 5
EWS Legal Temp 6
Note:  Do not use-Temp 7 is not designated for our temporaries.
EWS Legal Temp 8
EWS Legal Temp 9
EWS Legal Temp 10
EWS Legal Temp 11

To set up access:
1.	Right click on "Outlook Today" at the top of the folders list (if your folders list is not visible, click on "View" and
	then "Folder List")

2.	Left Click on "Properties" at the bottom of the list that pops up

3.	Left click on the "Permissions" tab

4.	Left click on "Add".
	Type "EWS"-the address list will stop on our temp IDs.
	Left click on one of the Temp ID you are adding, left click on the "Add" button.  Repeat for each ID.  (Be careful not
	to add EWS Temp ID 7.  This is not used for our temporaries.)
	Left Click "OK"

5. 	You should now be back in the "properties" box.  Select the first ID you just added, hold down the "Shift" key, then
	left click all the other ID's.  With all IDs now selected and not holding the Shift key down, click in the boxes which
	access you would like to allow the temporaries to have.  (Note:  Do not select anything that has "own" or "owner"
	in it as you are the owner.)  Left Click on "Apply", then "OK".

6.	Right click on your "Calendar" folder and repeat steps 2-5 above.

7.	[Optional].  To give access to e-mail or any other folders you may have, right click on that folder and repeat steps
	 2-5 above.

Regarding the Legal Temp IDs, these set-up instructions need to be completed only once. If your Assistant ever changes, these instructions will come in handy!
Thank you for your time and patience.


Peter, the summary is very helpful.  Perhaps, we should drop the summary into
the monthly report?  Please talk to Julia about that.  I want to make it as
efficient as possible.  Mark


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 03/27/2000
08:46 AM ---------------------------

"NW Security and Bug Patch Alert" <Security-BugPatch@bdcimail.com> on
03/22/2000 04:28:49 AM
Please respond to "Security and Bug Patch Alert Help" <NWReplies@bellevue.com>
To: <vkamins@enron.com>
cc:
Subject: Guarding the perimeter is not always enough

NETWORK WORLD FUSION FOCUS: JASON MESERVE on
SECURITY AND BUG PATCH ALERT
TODAY'S FOCUS: Guarding the perimeter is not always enough
03/21/00

Dear Wincenty Kaminski,

Today's Focus: Guarding the perimeter is
not always enough
---------------------------------------------------------------
By Jason Meserve

Oh, the irony. You build your security systems to protect internal
systems from outside intruders, then someone inside the company decides
to play cyber-vandal.

Last week, authorities charged Abdelkader Smires with launching denial-
of-service attacks against his own employer, New York-based Internet
Trading Technologies, Inc. (ITTI). Smires was upset that ITTI did not
meet his demands for a raise and more stock options. He used computers
at a Kinko's Copy store and a local university to launch his revenge
attacks against ITTI that disrupted the company's trading systems for
three days.

"He and the other programmer were involved in writing the software, so
he knew just where to attack. He was fully familiar with weaknesses in
the code," said Eric Friedberg, computer and telecommunications crime
coordinator for the U.S. Attorney's Office in Brooklyn, N.Y., in an
interview with Computerworld "Although it was a potentially disastrous
attack for the company, it wasn't a highly sophisticated attack."

Read more about the attack here:
http://www.nwfusion.com/news/2000/0317insidejob.html

Another interesting article to check out is "The service-pack shuffle
ruffles a lot of feathers" in this week's issue of Network World
(http://www.nwfusion.com/archive/2000/83305_03-20-2000.html). My
colleague Deni Connor writes that customer are fed up with the endless
release of service packs, which seem to be replacing quality assurance
at the companies developing our enterprise software.

But with no bugs, there would be no newsletter, so on with the latest
patches and alerts.

Cisco Secure PIX Firewall FTP vulnerabilities

Cisco announced that its PIX Firewall has a problem interpreting FTP
commands, allowing inappropriate access through the firewall. The
announcement covers two vulnerabilities: One when the firewall receives
an error from an internal FTP server and the second when a client inside
the firewall visits an external site and selects a link that the
firewall interprets as two commands. One of the commands inadvertently
opens a connection through the firewall.
http://www.cisco.com/warp/public/707/pixftp-pub.shtml
************

Patch available for "OfficeScan DoS & Message Replay" vulnerability

Trend Micro has released a new version of OfficeScan Corporate Edition -
Version 3.51 - that eliminates two security vulnerabilities found on
previous versions. Previous versions of OfficeScan allow intruders
within a firewall to initiate a denial-of-service attack on the
OfficeScan client (tmlisten.exe) as well as to capture OfficeScan
commands.  These commands can be replayed and used to change other
OfficeScan client configurations.
Patch:
http://www.antivirus.com/download/ofce_patch.htm
Advisory:
http://www.antivirus.com/download/ofce_patch_35.htm
************

FreeBSD releases four advisories

The makers of FreeBSD did a little housecleaning last week, releasing
advisories on a number of previously announced vulnerabilities in
various Linux packages.
mh/nmh/exmh/exmh2 ports allow remote execution of binary code
Relating to the nmh's mhshow vulnerability when reading MIME headers.
New packages at:
ftp://ftp.FreeBSD.org/pub/FreeBSD/ports/i386/packages-3-stable/mail/nmh-1.0.3.
tgz
ftp://ftp.FreeBSD.org/pub/FreeBSD/ports/i386/packages-4-current/mail/nmh-1.0.3
.tgz
ftp://ftp.FreeBSD.org/pub/FreeBSD/ports/alpha/packages-4-current/mail/nmh-1.0.
3.tgz

Lynx ports contain numerous buffer overflows
The lynx WWW browser is written in an unsecured format that contains a
number of holes. There is currently no patch available, so FreeBSD
recommends removing the package to eliminate the problem.
mtr port contains a local root exploit
The mtr program (versions 0.41 and below) fails to correctly drop setuid
root privileges during operation, allowing a local root compromise.
Fixes:
ftp://ftp.FreeBSD.org/pub/FreeBSD/ports/i386/packages-3-stable/net/mtr-0.42.tg
z
ftp://ftp.FreeBSD.org/pub/FreeBSD/ports/i386/packages-4-current/net/mtr-0.42.t
gz
ftp://ftp.FreeBSD.org/pub/FreeBSD/ports/alpha/packages-4-current/net/mtr-0.42.
tgz

orville-write port contains local root compromise
One of the commands installed by the port is incorrectly installed with
setuid root permissions. The &huh8 command should not have any special
privileges because it is intended to be run by the local user to view
his saved messages.
Fixes:
ftp://ftp.FreeBSD.org/pub/FreeBSD/ports/i386/packages-3-stable/misc/orville-wr
ite2.41a.tgz
ftp://ftp.FreeBSD.org/pub/FreeBSD/ports/i386/packages-4-current/misc/orville-w
rite-2.41a.tgz
ftp://ftp.FreeBSD.org/pub/FreeBSD/ports/alpha/packages-4-current/misc/orville-
write-2.41a.tgz
************

IE and Outlook 5.x allow executing arbitrary programs using .eml files

Georgi Guninski has found yet another flaw in Microsoft's popular
browser and e-mail program. This one allows arbitrary programs to be
launched via attached .eml files. No patch is currently available from
Microsoft, so Guninski recommends shutting off active scripting.
For a demonstration that starts WordPad:
http://www.nat.bg/~joro/eml.html
************

Sojourn search engine exposes files

The Cerberus Security Team has discovered a weakness in the commercial
search engine, Sojourn, that allows attackers to read any local file on
the file system that they have read access to (as provided by the
account the Web server is running under). As such, files such as
/etc/passwd on Unix systems can be read and files such as the
global.asa on Windows NT and 2000. No patch was available as of this
writing.More on Sojourn:
http://www.generationterrorists.com/sojourn_superuser.html
************

Problem with AIX 4.x linker

The Sendmail Consortium is warning of a problem with the AIX 4.x linker.
According to the advisory, unlike most other linkers, the AIX linker
uses the paths specified at compile time for the program's shared
library search path at run time.  Therefore, AIX compilations that use
the -L flag with the AIX linker must use extra precautions to prevent
security problems. This problem is not specific to Sendmail and can
affect other applications. IBM claims it is aware of the problem and
provides workarounds.
AIX site:
http://www.ibm.com/servers/aix/
************

Oracle Web Listener 4.0.x

The Cerberus Security Team has discovered a number of issues with
Oracle's Web Listener, part of Oracle Application Server (OAS), which
allow a remote attacker to run arbitrary commands on the Web server. As
part of the default installation, OAS creates an ows-bin virtual
directory that is a cgi-bin equivalent. According to Cerberus, this
directory not only contains a number of batch files, DLLs and
executables but also the binary image file for the Listener itself,
which could lead to malicious users executing commands on the server
with special query strings. No patch is available yet, though Cerberus
recommends removing the ows-bin directory or point to a more benign
directory.
OAS Web site:
http://www.oracle.com/appserver/
************

kreatecd local root compromise

TESO has found a vulnerability within the kreatecd application for
Linux. An attacker can gain local root-access. Halloween Linux Version 4
and SuSE 6.x are vulnerable. According to the TESO advisory, the author
of the software has been notified. The advisory recommends removing the
suid bit of kreatecd.
See the exploit:
http://www.cs.uni-potsdam.de/homepages/students/linuxer
************

'Melting Worm' slithers into the wild

From Computerworld: A new worm now "in the wild" has the potential to
shut down Windows platforms and make the operating system permanently
unusable.
Read the article:
http://www.nwfusion.com/news/2000/0316worm.html
************

Vulnerability in Microsoft SQL Server 7.0 encryption used to store
administrative login ID

Internet Security Systems (ISS) has identified a vulnerability in the
encryption used to conceal the password and login ID of a registered SQL
Server user in Enterprise Manager for Microsoft SQL Server 7.0. When
registering a new SQL Server in the Enterprise Manager or editing the
SQL Server registration properties, the login name that will be used by
the Enterprise Manager for the connection must be specified. If a SQL
Server login name is used instead of a Windows Domain user name and the
'Always prompt for login name and password' checkbox is not set, the
login ID and password are weakly encrypted and stored in the registry.
http://xforce.iss.net/alerts/advise45.php3
************

Patch available for "Malformed Media License Request" vulnerability

Microsoft has released a patch that eliminates a denial-of-service
vulnerability in Windows Media License Manager. The vulnerability could
allow a malicious user to temporarily prevent the license server from
issuing further licenses to customers for protected digital content such
as music and video.
http://www.microsoft.com/technet/security/bulletin/fq00-016.asp
************

To contact Jason Meserve:
-------------------------
Jason Meserve is a staff writer with Network World, covering search
engines, portals, videoconferencing, IP Multicast and document
management. He also oversees the "Security Alerts" page on Fusion
(http://www2.nwfusion.com/security/bulletins.html). Jason can be reached
at mailto:jmeserve@nww.com.

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Network World Fusion is part of IDG.net, the IDG Online Network.
IT All Starts Here:
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Copyright Network World, Inc., 2000


Get me info on this.
---------------------- Forwarded by John J Lavorato/Corp/Enron on 09/25/2000
09:53 AM ---------------------------

	From:  Enron Announcements                           09/22/2000 08:36 PM

Sent by: Enron Announcements
To: Enron US Employees
cc:

Subject: The New Power Company; Reserved Share Program

Enron U.S Employees:

A registration statement relating to a proposed initial public offering of
shares of common stock of TNPC, Inc. (TNPC), an affiliate of Enron Corp., has
been filed with the Securities and Exchange Commission.  In connection with
the proposed offering, TNPC has arranged to reserve a limited number of
shares of TNPC's common stock for purchase by Enron U.S. employees and
certain other individuals (Reserved Share Program).  If you have any interest
in further information regarding the Reserved Share Program, which has a
deadline of October 2, 2000, please execute the link to the following site
where you will find a preliminary prospectus, a letter explaining the
program, an expression of interest form, and an NASD questionnaire related to
the offering:

http://home.enron.com:84/tnpcsharepgm/index.html

NOTE:  In the event that you are unable to execute the above link, please
copy the link to the address line of your installed browser.

The following statements are required to be included in this E-Mail by the
rules and regulations of the Securities and Exchange Commission:

 "A registration statement relating to the shares has been filed with the
Securities and Exchange Commission but has not yet become effective.  These
securities may not be sold nor may offers to buy be accepted prior to the
time the registration statement becomes effective.  This E-Mail shall not
constitute an offer to sell or the solicitation of an offer to buy nor shall
there be any sales of these securities in any state in which such offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such state."

 "No offer to buy the securities can be accepted and no part of the purchase
price can be received until the registration statement has become effective,
and any such offer may be withdrawn or revoked, without obligation or
commitment of any kind, at any time prior to notice of its acceptance given
after the effective date.  An indication of interest in response to this
advertisement will involve no obligation or commitment of any kind."


We are at the MOU stage.  Need to keep off the balance sheet duly noted and
emphasized in a commercial meeting last Friday.  Commercial leads at ENA and
Global Finance are out this week, so no progress at the moment.  The
information I was given is that we want to get it done by the end of
September.  How does this sound?

Kay

PS  Also includes 2 transformers.

Lisa Mellencamp@ECT
08/22/2000 02:41 PM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: 8 turbines from ena inventory to south america

can you tell me what the status on this is??
important obviously to keep off balance sheet as we discussed.

.Lisa J. Mellencamp
Enron North America Corp.
1400 Smith St.
Houston, TX  77002
Tel:  (713) 853-7986
Fax: (713) 646-3393


Kevin,

No problem, A very good idea.
Please, submit expenses to em for signature.

Vince

Kevin G Moore
10/10/2000 09:10 AM
To: Vince J Kaminski/HOU/ECT@ECT, Shirley Crenshaw/HOU/ECT@ECT, Jose
Marquez/Corp/Enron@ENRON
cc:
Subject: Boss's Day

Well Vince ,

The group has responded and ready for action.
Vince , we would like to take Mike to Happy Hour
for Boss's Day on the 16th of Oct.

So if it is okay with you may we do so?

I am aware that you will be out on this particular
day however , I would also like to ask anyone in
the Research Group to please join us as we celebrate
with Mike.

fyi  : nothing fancy just a few drinks , laugher and conversation.

                                                                   Thanks
                                                              Kevin Moore

P.S. Please inform........

---------------------- Forwarded by Kevin G Moore/HOU/ECT on 10/10/2000 09:51
AM ---------------------------

Kevin G Moore
10/09/2000 02:35 PM
To: Jose Marquez/Corp/Enron@ENRON, William Smith/Corp/Enron@ENRON, Elena
Chilkina/Corp/Enron@Enron, V Charles Weldon/HOU/ECT@ECT, Joseph
Hrgovcic/HOU/ECT@ECT
cc:
Subject: Boss's Day

Hey Everyone ,

I know you may not be aware that Boss's Day OCT.16,2000
We will celebrate as a group in the staff meeting on Oct.19th,
with the Big Boss Vince Kaminski and all the others , however ,
if you would like to do something special for our Boss, please
inform me whereby I can make arrangements.

                                       Thanks
                                 Kevin Moore


Confidential Settlement Document
  CPUC Rule 51

ALL PARTIES:

Thanks to the many parties who attended our Gas Accord II kick-off meeting
on September 14.  We thought it was a good start toward a collaborative
settlement process.  This e-mail summarizes the next steps identified at the
meeting.

First, the list of the issues identified by the parties is being sent by a
separate e-mail transmittal today to those parties who have agreed to abide
by Rule 51.  We are continuing to assemble the issues list, and would like
any more issues that parties wish to raise sent to us by this Friday,
September 22.  This is not to limit issues, but rather to build our workshop
presentations and discussions, and ultimately our settlement proposal.  If
you are not on the Rule 51 list and wish to be added, please complete the
Mailing List Information form below.  Also attached is a copy of CPUC Rule
51.

Second, attached is an updated schedule for the Gas Accord II workshops.
Please note, the November workshop has been moved to November 7-8 (which is
Tuesday and Wednesday), instead of the week following as we had originally
proposed.  We request that you please hold the attached dates on your
calendars if you plan to be active in the settlement discussions.

Based on the issues list, we suggest the following topics for the first
three workshops:

* September 27:  Reliability, for both facilities and supply.
* October 11-12:  Market, cost and rate data.
* November 8-9:  Market operations, including core issues, balancing,
open season rules, and information disclosure.

Please let us know if this workshop plan does not work for you.

Third, PG&E will provide a basic set of market data and preliminary cost
data to all of the Rule 51 parties in advance of the October 11-12 Workshop.
This will help parties to identify and analyze their issues.  After seeing
this data, to the extent there are other information requests, please send
them to Frank Lindh (e-mail to frl3@pge.com or Fax to 415-973-5520).

Again thank you for your participation in the Gas Accord II Settlement
Process.  We look forward to our upcoming workshops and discussions.  Please
feel free to call us if you have questions.

Frank Lindh    Ray Williams
415-973-2776    415-973-3634
frl3@pge.com    rdw0@pge.com

Attachments

 <<Mailing List Information>>  <<CPUC Rule 51>>  <<Gas Accord II Settlement
Schedule>>

 - Mailing List Information.doc
 - CPUC Rule 51.doc
 - Gas Accord II Settlement Schedule.doc


Thanks for the explanation b/c I was completely clueless.  They are
definitely censoring.   She hasn't answered anything other than the program
requirements, etc.  What a waste of time.  But I guarantee you they'll bring
this up as something great they've done to improve communication.

R


Please review and comment on the attached


---------------------- Forwarded by David W Delainey/HOU/ECT on 08/01/2000
06:10 PM ---------------------------

	From:  Sheila Knudsen @ ENRON                           08/01/2000 05:33 PM

To: David W Delainey/HOU/ECT@ECT, David Oxley/HOU/ECT@ECT
cc: Cindy Skinner/HOU/ECT@ECT, Sheila Walton/HOU/ECT@ECT, Kim
Melodick/HOU/ECT@ECT, Fran L Mayes/HOU/ECT@ECT
Subject: Status Report - ENA NI/Issues - Manager/Director Level

Attached is a report reflecting the status of ENA Manager/Director level
employees who were rated either Needs Improvement or Issues at the mid-year
process.

We will update this report on a weekly basis.

Let me know if you have any questions regarding this - X36628.


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Thanks Harry!

	Harry M Collins
	02/13/2001 12:36 PM

		 To: Tana Jones/HOU/ECT@ECT
		 cc: Alan Aronowitz/HOU/ECT@ECT, Andrea Calo/SA/Enron@Enron, David
Minns/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt, Jane McBride/AP/Enron@Enron,
Jeffrey T Hodge/HOU/ECT@ECT, John Viverito/Corp/Enron@Enron, Marie
Heard/Enron Communications@Enron Communications, Peter Keohane/CAL/ECT@ECT,
Robbi Rossi/Enron Communications@Enron Communications, Shari Stack/HOU/ECT@ECT
		 Subject: Re: RUSH APPROVAL:  Torch Energy Marketing Inc.

I do not know of any problems with Torch Energy.

	Tana Jones
	02/13/2001 12:26 PM

		 To: Alan Aronowitz/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, Shari
Stack/HOU/ECT@ECT, Harry M Collins/HOU/ECT@ECT, David
Minns/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt, Marie Heard/Enron
Communications@Enron Communications, Robbi Rossi/Enron Communications@Enron
Communications, John Viverito/Corp/Enron@Enron, Jane McBride/AP/Enron@Enron,
Andrea Calo/SA/Enron@Enron, Peter Keohane/CAL/ECT@ECT
		 cc:
		 Subject: RUSH APPROVAL:  Torch Energy Marketing Inc.

Need to hear ASAP whether you have any problems with this counterparty.


CONFIDENTIAL - DO NOT DISTRIBUTE

Steve Kean would like your comments on this email as soon as possible.

Thanks.


Vince,
Have you seen the latest version of our article?  In a nutshell, it
establishes both what's right and what's wrong with r-squared/regression.
Essentially, r-squared is fine PROVIDED that the amount of the derivative
optimal, but otherwise it makes little sense.
Please let me know what you think about this.
Regards,
Andy
Andrew Kalotay Associates, Inc.
(212) 482-0900
andy@kalotay.com

Visit our web-site http://www.kalotay.com

 - FAS133 article.pdf


Kathy continued with Nolan and did not finish.? Nolan is likely to continue
until Friday.? As a result, Izower's deposition has been taken off calendar
for this Friday.

Highlights:

--Kathy spent the bulk of the morning walking Nolan through videos that SDI
personnel took of the poor quality steel being produced at the plant.

--Kathy continued to elicit testimony regarding the problems with the quality
of the steel and the operations of the plant, e.g. Nolan testified that NSM
had $25 million in scrap sitting on the ground and no money to buy pig iron
or spare parts.? (Kathy's point was that NSM spent far to much on scrap
leaving no funds for other necessary items).

--Kathy spent alot of time with Nolan on a meeting that took place in SDI's
offices on Aug. 21 between Busse, Nolan, Bob Walters, Brian Barth, Kevin
McConville and Stickler.? Nolan's handwritten notes of the meeting suggested
that the group decided to abandon the filing of the F-1 and F-4 Registration
Statements with the SEC in order to avoid having to disclose NSM's current
state of affairs.? Nolan did not have a good recollection of the meeting.?
Shortly after this meeting, Busse's lawyer sent a letter to White & Case
indicating that Busse would not sign the Registration Statement.? Nolan's
notes also indicated that Bob Walters reviewed a letter to him from Busse
that has appeared on SDI's privilege log.? Kathy made a formal request for
the document on grounds that the presence of Barth, McConville and Stickler
at the meeting destroyed any attorney client privilege between Busse and his
lawyer.? Gindler refused to produce it on grounds of privilege. (we haven't
heard the end of this issue).

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.


Start Date: 4/15/01; HourAhead hour: 2;  No ancillary schedules awarded.
Variances detected.
Variances detected in Energy Import/Export schedule.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041502.txt

---- Energy Import/Export Schedule ----
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 2 / Preferred:  12.00 / Final:  11.98)
  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/15/01
  TIE_POINT: PVERDE_5_DEVERS
  INTERCHG_ID: EPMI_CISO_SPP
  ENGY_TYPE: WHEEL
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/15/01
  TIE_POINT: SLVRPK_7_SPP
  INTERCHG_ID: EPMI_CISO_TOBY
  ENGY_TYPE: NFRM

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 2 / Preferred:  43.02 / Final:  42.99)
  TRANS_TYPE: FINAL
  LOAD_ID: PGE3
  MKT_TYPE: 2
  TRANS_DATE: 4/15/01
  SC_ID: EPMI
$$$ Variance found in table tblLoads.
     Details: (Hour: 2 / Preferred:   1.94 / Final:   1.91)
  TRANS_TYPE: FINAL
  LOAD_ID: PGE4
  MKT_TYPE: 2
  TRANS_DATE: 4/15/01
  SC_ID: EPMI


Attached for your review and comment is the proposed TW handout for the CPUC
workshop on gas infrastructure on Tues. April 17.  I've been told by the
Energy Division staff that with the significant amount of data they're
expecting to receive during the workshop and with the expected
interest/participation, Transwestern may not have an opportunity to speak.
However, they have encouraged us to produce any handouts we'd like to
distribute on Tuesday.

Since I'm out of the office on Monday, please call me and leave me a voice
mail message indicating whether changes or modifications to the handout are
needed.  If so, please return email your changes and I'll stop by Monday
before I leave and incorporate them into the handout.  If not, I'll ask
Audrey to prepare approx. 80 copies that I'll pick-up on my way to the
airport Monday p.m.  Thank you.


hey denise,

i just wanted to say that i am alive and well
thank you for all of the sweet messages that you have left
they have brightened up my day everytime
I have been very busy with all the flood stuff and will soon
be packing up whats left in the house to take it to storage
Kay and my self are still very dayd to day

I LOVE YOU NISE

 -----Original Message-----
From: 	"Denise D. Quigley" <quigley@cse.ucla.edu>@ENRON [mailto:IMCEANOTES-+22Denise+20D+2E+20Quigley+22+20+3Cquigley+40cse+2Eucla+2Eedu+3E+40ENRON@ENRON.com]
Sent:	Wednesday, June 20, 2001 11:00 AM
To:	Michele Gress; Quigley, Dutch; Gwen Farnsworth; Ibedonut
Subject:	today's thought of the day

One of the questions posed in Don?t Sweat the Small Stuff is, ?Will this
matter a year fromnow?? Some things will, of course. But so many
others--perhaps most things---won?t. There is something very comforting in
knowing this. When the computer crashes, the keys are misplaced, the house
is a mess or the call isn?t returned, it is annoying, but it?s not the end
the world.


713/646-3490

	Bob Hillier/ENRON@enronXgate
	01/22/2001 08:11 AM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: RE: ASAP-Preliminary List of Online Contracts

Tana, the contact that told me he had a electronic copy for BEA Weblogic just
dropped off a hard copy for me as he has not been able to locate the
electronic copy.  If you can send me a fax number I can fax this to you.

bbh

 -----Original Message-----
From:  Jones, Tana
Sent: Thursday, January 18, 2001 6:40 PM
To: Kitchen, Louise; Samuels, Dave; Shah, Kal; Ayala, Carmen; Webb, Jay;
Pavetto, John; Hillier, Bob; Goddard, Paul; Boyd, Justin
Cc: Koehler, Anne; Taylor, Mark
Subject: ASAP-Preliminary List of Online Contracts

Attached is what I hope is a pretty complete list of the EnronOnline
contracts I have been made aware of.  There are a few I have open questions
about  or am waiting to receive copies of the contract.  Can each of you
please take a look and think about whether there are any others we may be
missing.  Again, my time frame is short here, so if I can get your response
promptly I would be most appreciative.

 << File: ENRONONLINE COMMERCIAL & TECHNICAL  AGREEMENTS.doc >>


The Enron BOD approved the following limit changes for Global Markets today,
effective for trading day Tuesday, February 13, 2001.  A separate e-mail was
sent to each of your head traders and business unit controllers/CAO for each
of these commodity groups with limit changes.

       New Limits   Existing Limits
Equity Trading
Net Open Position Limit    $200 MM    $100 MM
Maturity / Gap Limit    N/A    N/A
VaR Limit     $10 MM    $6 MM

Convertible Arbitrage
Net Open Position Limit    $150 MM    *****
Maturity / Gap Limit    N/A    *****
VaR Limit     $2 MM    *****

*****  This product was included in the Debt trading commodity group that was
transferred to Enron Europe and combined with Credit trading in December
2000; new limits requested to establish separate commodity group in Global
Markets in 2001

Financial Instruments

Foreign Currency:

Net Open Position Limit    $150 MM    $100 MM
Maturity / Gap Limit    N/A    N/A

Interest Rate:

Net Open Position Limit    $250,000/bp    $100,000/bp
Maturity / Gap Limit    N/A    $  50,000/bp(<=2 yrs)

VaR Limit     $5 MM (Combined)  $3 MM (Combined)

Soft Commodities
Net Open Position Limit    4,000 Contracts   2,000 Contracts
Maturity / Gap Limit    N/A    2,000 Contracts
VaR Limit     $2 MM    $0.75 MM

Grains
Net Open Position Limit    750 Contracts   1,000 Contracts
Maturity / Gap Limit    N/A    1,000 Contracts
VaR Limit     $0.5 MM   $0.5 MM

Meats (formerly called Livestock)
Net Open Position Limit    750 Contracts   1,000 Contracts
Maturity / Gap Limit    N/A    1,000 Contracts
VaR Limit     $0.5 MM   $0.75 MM

Weather Derivatives
Net Open Position Limit    40,000 EOL Equiv. Contracts 30,000 EOL Equiv.
Contracts **
Maturity / Gap Limit    N/A     N/A
VaR Limit     $4.5 MM   $3 MM

**  $100 MM notional value

Coal and Freight
Net Open Position Limit    30 MM MT   15 MM MT
Maturity / Gap Limit    30MM MT 12-month  15 MM MT 12-month
VaR Limit     $7 MM ***   $4 MM ***

***  Freight limited to $2 MM VaR (no change)

Global Products
Net Open Position Limit    18 MM Bbl   12.5 MM Bbl
Maturity / Gap Limit    19 MM Bbl 12-month  15 MM Bbl
VaR Limit     $15 MM    $8 MM

EOL Crude - Sub-limit of Global Products
Net Open Position Limit    2 MM Bbl
Maturity / Gap Limit    3 MM Bbl 12-month
VaR Limit     $3 MM  (included in Global Products $15MM VaR)

LNG
Net Open Position Limit    9 Bcf    None
Maturity / Gap Limit    12 Bcf 12-month  None
VaR Limit     $5 MM    None

Note 1:  The BOD directed us to combine some limits for some businesses, so
your individual commodity limits may become sub-limits subject to a larger
combined limit (for example, 1) combine equity, convertible arbitrage, and
financial instruments' i/r and f/x, 2) combine Softs, Grains, and Meats, and
potentially other newer businesses as well).  We will work with you as these
higher level limits are being developed.

Note 2:  Cross-commodity trading authority was not pre-approved for anyone in
the company.  Authority to trade a commodity for which you are not the
authorized trader must be obtained from the Business Unit Office of the
Chairman for the commodity group that is authorized to trade that commodity,
with appropriate reporting as noted below.

Policy amendments were as follows:

u Clarify the cross-commodity trading policy to specify that trading limits
are to be applied against Enron,s consolidated commodity positions on an
individual commodity group basis;  Enron,s consolidated Daily Position Report
should provide required market risk disclosures by primary commodity group;
(for example, Enron,s exposure to the North American Natural Gas market shall
be aggregated across the company).

) Delegate cross-commodity trading approval among established commodity
groups to the respective Business Units Offices of the Chairman, with
appropriate reporting to the Enron Corp. Chief Risk Officer.

u Specify the operational control requirement that all trades executed over
the telephone must be recorded electronically.

Below are relevant excerpts from the revised policy addressing the
cross-commodity trading guidelines.  I will distribute the entire updated
policy as soon as we incorporate the BOD's comments.

V. Operations and Controls.
 B.  Position Reporting.
"...For purposes of limit monitoring and aggregation of Enron,s consolidated
trading results, Enron,s consolidated Daily Position Report should include
the Net Open Position, Maturity/Gap Position, profit or loss, and potential
exposure (VaR) for approved Commodity Groups consolidated across the company
without regard to which business unit undertook the trading activity. In
those instances where limits are granted to a business unit for a basket of
commodities, reporting for individual commodity risk books shall be
maintained to facilitate aggregation of Enron,s actual consolidated commodity
specific exposure.  Management reporting may separately provide business unit
sub-limit monitoring and trading results aggregated according to management
lines."

E. Transaction Approval and Execution. "Only those employees designated by
the Enron Corp. Chief Risk Officer or his designee(s) will be authorized to
enter into Transactions on behalf of Enron.  The Chief Risk Officer must also
maintain a record of those employees responsible for the individual Commodity
Groups (Commodity Group Manager) as specified in the Appendices.  Individuals
will be assigned as commodity leaders to manage Enron,s aggregate position
across the company as determined necessary by the Chief Risk Officer..."

VI.  Policy Amendment Authority
B. Cross-Commodity Position Authorization.  If in the ordinary course of its
business an Enron Business Unit or trading desk incurs an exposure to an
underlying commodity or financial instrument for which it does not have
explicit authority to carry, this exposure should be hedged internally with
the appropriate Enron desk(s), with appropriate notification to the Chief
Risk Officer or his designee(s).  Hedge positions should be in instruments
that have an observable correlation with the underlying exposure, and should
be rebalanced regularly to substantially neutralize the underlying exposure.

 Upon notification to the Chief Risk Officer or his designee(s), the Enron
Business Unit Office of the Chairman who has authority for that commodity
group may authorize a specific trader in a different commodity group to take
speculative positions with other Enron trading desks in commodities and/or
financial instruments other than those which that trader has explicit
authority to trade (i.e. the Business Unit Office of the Chairman for North
American Natural Gas may authorize a trader in the Coal group to trade gas
with the North American Natural Gas desk).    For limit monitoring purposes
of Enron,s consolidated trading results, these cross-commodity positions
shall be captured by individual commodity to facilitate aggregation and
reporting of Enron,s consolidated exposure by commodity in the Daily Position
Report (Coal desk,s gas position will be aggregated with the North American
Natural Gas commodity group.)

If you have any questions, feel free to call Bjorn Hagelman at x57984, me at
x30429, or David Port at x39823.

Regards,

Cassandra Schultz.


Dear Ken, Leslie,

It looks like we have gotten to the bottom of the missing documentation (it
was there, it was quickly available, Ken did talk to the right people but
they did not see the urgency of getting the information to Ken).  As a
result, I think we have to rewrite the information related to this issue in
the Portland report.  Let's get together for 15 minutes today/tomorrow to
draft a rewrite of these areas.

Just as a side note, we need to wait until the report has been changed before
we share the information with Portland.

Pam - could you organize Ken, Leslie and I getting together?

Thanks

Shona


Susan - We expect to get a further revision out later today as a preview to
the final filing.? I think that should resolve TW's concerns.? However, feel
free to call and yell at me nonetheless.......

-----Original Message-----
From: Susan.Scott@enron.com [mailto:Susan.Scott@enron.com]
Sent: Tuesday, June 20, 2000 10:32 AM
To: BCherry@sempra.com
Cc: GSullivan@sempra.com; Jeffery.Fawcett@enron.com
Subject: I.99-07-003 - EPNG Revisions To SoCalGas Draft Exh 28 re
Pipeline Capacity

Brian -- TW does not agree with the changes proposed by El Paso.? If we
need to discuss this further please e-mail or call.
Thanks.
Susan Scott
Transwestern Pipeline Company
713-853-0596
---------------------- Forwarded by Susan Scott/ET&S/Enron on 06/20/2000
12:28 PM ---------------------------

"Edward W. O'Neill" <SF40#c#SF40.NCO#c#EWO@JMBM.COM> on 06/19/2000 09:13:34
PM

To:?? sscott3@enron.com,
????? SF40#c#SF40.NCO#c#internet#c#abag.ca.gov#c#davef@JMBM.COM,
????? SF40#c#SF40.NCO#c#internet#c#abag.ca.gov#c#garyb@JMBM.COM,
????? SF40#c#SF40.NCO#c#internet#c#adamsbroadwell.com#c#mdjoseph@JMBM.COM,
????? SF40#c#SF40.NCO#c#internet#c#adplaw.com#c#epoole@JMBM.COM,
????? SF40#c#SF40.NCO#c#internet#c#aelaw.com#c#eke@JMBM.COM,
????? SF40#c#SF40.NCO#c#internet#c#aglet.org#c#jweil@JMBM.COM,
????? SF40#c#SF40.NCO#c#internet#c#aol.com#c#pjpowerlaw@JMBM.COM,
????? SF40#c#SF40.NCO#c#internet#c#aol.com#c#rczahar@JMBM.COM,
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MBM.COM,

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SF40#c#SF40.NCO#c#internet#c#cerberus.city.palo-alto.ca.us#c#raveen#u#maan@JMB
M.COM,

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????? SF40#c#SF40.NCO#c#internet#c#ci.glendale.ca.us#c#slins@JMBM.COM,
????? SF40#c#SF40.NCO#c#internet#c#ci.pasadena.ca.us#c#eklinkner@JMBM.COM,
????? SF40#c#SF40.NCO#c#internet#c#clfp.com#c#ed@JMBM.COM,
????? SF40#c#SF40.NCO#c#internet#c#cpuc.ca.gov#c#alb@JMBM.COM,
????? SF40#c#SF40.NCO#c#internet#c#cpuc.ca.gov#c#bho@JMBM.COM,
????? SF40#c#SF40.NCO#c#internet#c#cpuc.ca.gov#c#edf@JMBM.COM,
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????? SF40#c#SF40.NCO#c#internet#c#cpuc.ca.gov#c#jwr@JMBM.COM,
????? SF40#c#SF40.NCO#c#internet#c#cpuc.ca.gov#c#ltt@JMBM.COM,
????? SF40#c#SF40.NCO#c#internet#c#cpuc.ca.gov#c#mcn@JMBM.COM,
????? SF40#c#SF40.NCO#c#internet#c#cpuc.ca.gov#c#plg@JMBM.COM,
????? SF40#c#SF40.NCO#c#internet#c#cpuc.ca.gov#c#ram@JMBM.COM,
????? SF40#c#SF40.NCO#c#internet#c#cpuc.ca.gov#c#raw@JMBM.COM,
????? SF40#c#SF40.NCO#c#internet#c#cpuc.ca.gov#c#rmp@JMBM.COM,
????? SF40#c#SF40.NCO#c#internet#c#cpuc.ca.gov#c#sbs@JMBM.COM,
????? SF40#c#SF40.NCO#c#internet#c#cpuc.ca.gov#c#tah@JMBM.COM,
????? SF40#c#SF40.NCO#c#internet#c#cpuc.ca.gov#c#vjb@JMBM.COM,
????? SF40#c#SF40.NCO#c#internet#c#cts.com#c#burkee@JMBM.COM,
????? SF40#c#SF40.NCO#c#internet#c#cubjpa.org#c#rochmanm@JMBM.COM,
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SF40#c#SF40.NCO#c#internet#c#efawest.navfac.navy.mil#c#furutanj@JMBM.COM,

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????? SF40#c#SF40.NCO#c#internet#c#energy.state.ca.us#c#bwood@JMBM.COM,
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????? SF40#c#SF40.NCO#c#internet#c#energy.state.ca.us#c#mjaske@JMBM.COM,
????? SF40#c#SF40.NCO#c#internet#c#energy.state.ca.us#c#stomashe@JMBM.COM,
????? SF40#c#SF40.NCO#c#internet#c#energy.twc.com#c#rpelote@JMBM.COM,
????? SF40#c#SF40.NCO#c#internet#c#eslawfirm.com#c#lmh@JMBM.COM,
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?????
SF40#c#SF40.NCO#c#internet#c#greenmountain.com#c#rick#c#counihan@JMBM.COM,

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????? SF40#c#SF40.NCO#c#internet#c#epenergy.com#c#weaverj@JMBM.COM

Subject:? I.99-07-003 - EPNG Revisions To SoCalGas Draft Exh 28 re Pipeline
????? Capacity

Attached is an e-mail containing revisions and additions El Paso recommends
be
made to SoCalGas' draft Exhibit 28 which was distributed for further
comment to
parties on June 16, 2000.? This e-mail has two attachments.? The first
attachment
is a revised copy of SoCalGas' table titled "Firm Pipeline Capacity into
Southern
California" with changes to:? (a) correct the amount of firm interstate
capacity on
El Paso at Topock, shown in the col. "Incoming Interstate Capacity," by
replacing
the incorrect figure, 2230 MMcfd (which includes capacity for delivery to
SW Gas
which is not available to California on a firm basis) with the correct
figure,? 2080
MMcfd; (b) delete the reference to El Paso delivery capacity to SW Gas from
the
col. "Total Take-away Capacity" since this capacity is not firm capacity
available
to California; (c) adjust the totals at the bottom of both cols. affected
by these
changes; (d) add a new footnote to reference to the fact that shippers on
El Paso
have existing firm contract rights for delivery from El Paso at Topock to
SoCalGas
totaling 1466 MMcfd which exceeds SoCalGas' take-away capacity at Topock
and clearly creates a "mismatch"; and (c) add reference in footnote (2) to
the
physical capacity of Kern/Mojave at the interconnection with SoCalGas at
Wheeler Ridge South, which is in excess of 680 MMcfd even though the
metering
is currently set to 500 MMcfd.?? The second attachment contains two
schematics
intended to supplement SoCalGas' draft map of receipt points and
interconnections.? These schematics more accurately reflect the actual
physical
interconnections at Topock and Hector Ridge and correct both the inaccurate
impression that the interconnect with? El Paso at Topock consists of
several
separate pipelines with no cross over, and that inaccurate impression that
several
interconnections may exist between pipelines at Hector Road .?? El Paso
understands and acknowledges that there are a number of possible responses
to
Administrative Law Judge Biren's request for a late filed exhibit
concerning
"mismatches" and pipeline capacity upstream and downstream from SoCalGas
receipt points.? In the spirit of compromise, El Paso? will not oppose
SoCalGas
filing an exhibit as proposed 6/16/00 provided it is revised to reflect the
changes
and additions El Paso has proposed in this e-mail.?? Very truly yours,
Edward W.
O'Neill, Jeffer, Mangels, Butler & Marmaro LLP,? One Sansome Street, San
Francisco, CA 94104, (415) 398-8080, fax: (415) 398-5584, e-mail
ewo@jmbm.com, for El Paso Natural Gas Company.
Received: from elpmime02.epenergy.com ([192.53.35.90])? by [MAIL.JMBM.COM]
(GroupWise SMTP/MIME daemon 4.1 v3)????? ; Mon, 19 Jun 00 17:21:00 PDT
Received: from mailimc.epec.com (unverified) by elpmime02.epenergy.com
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Message-ID: <567B2EC6CBF6D311877000805FAD64D135D41B@MAIL06A>
Return-Receipt-To: "Healy, William H." <HealyW@EPEnergy.com>
X-Mailer: Internet Mail Service (5.5.2448.0)
Date: Mon, 19 Jun 2000 17:32:09 -0700
From: "Healy, William H."? <HealyW@EPEnergy.com>
To: FergusonM@EPEnergy.com, SF40#c#SF40.NCO#c#EWO@JMBM.COM
Cc: McConnK@EPEnergy.com, WeaverJ@EPEnergy.com
Subject: RE: SoCalGas' latest revised draft exhibit re upstream and
downstream capacity-Forwarded
Mime-Version: 1.0
Content-Type: multipart/mixed; boundary="=_4E163481.4F2E4160"

Here is a copy of SoCal's table describing firm capacity to California with
the changes we discussed:
?<<GIR-exhibitpipe999.xls>>

In addition, here are the two sketches that help to describe Topock and
Hector Road:
?<<Interconnect Sketch.xls>>

******************************************************************
This email and any files transmitted with it from El Paso
Energy Corporation are confidential and intended solely
for the use of the individual or entity to whom they are
addressed. If you have received this email in error
please notify the sender.
******************************************************************

(See attached file: GIR-exhibitpipe999.xls)
(See attached file: Interconnect Sketch.xls)


Mary,

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

     Britt

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

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

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

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

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

	Stacy,

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

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

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

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

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

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

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

	I will continue to keep you advised.

	Britt


We will not agree to the use of the GISB for firm delivery past 30 days.   I
will get in touch with  Lucci to discuss a master agreement.   To  speed
things along I will attach a sample of our master for your review.   Pending
credits review,  we could send you a draft as early as Monday .

Regards,
Debra Perlingiere
Enron North America Corp.
Legal Department
1400 Smith Street, EB 3885
Houston, Texas 77002
dperlin@enron.com
Phone 713-853-7658
Fax  713-646-3490


Dear Sally and Cindy,

Just received an invitation to Dot's birthday party which the Baptist Church
in Hallettsville is giving for her.  The party will be on September 9th at
10:30 AM at church, and Dot's children are inviting us to the house
afterwards.  I will forward a copy of the invitation to  you.  Just wanted to
get the date to you now.

Mom


Everything looks good.  Thank you!!
ajc

   Kate Symes                04/10/2001 12:30 PM

To: Chris H Foster/HOU/ECT@ECT, Audrey Cook/HOU/ECT@ECT
cc:
Subject: Re: Deal #576468.1 & 572069.1 (4/6/2001 & 4/7/2001)

The following deal has been changed once more. Here are the details:

576468
West Services buys from APX
NP-15
Off Peak - 1.8 MW @ $140
     10.2 MW @ $150
TOTAL MWH = 96

(572069 stays 12 MW @ $150)

Please call me with questions.

Thanks,
Kate
503-464-7486 or 3823

	From:  Chris H Foster                           04/10/2001 07:52 AM

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

Subject: Deal #576468.1 & 572069.1 (4/6/2001 & 4/7/2001)

Kate:

Can you please modify that deal that you made the price $140 yesterday to
make it for the 6th only?  The 7th is all at $150.

Thanks

C
---------------------- Forwarded by Chris H Foster/HOU/ECT on 04/10/2001
09:58 AM ---------------------------

Audrey Cook
04/10/2001 07:51 AM
To: Chris H Foster/HOU/ECT@ECT
cc:
Subject: Deal #576468.1 & 572069.1 (4/6/2001 & 4/7/2001)

Chris,
Good morning!  Hey, one thing I probably did not clarify to you yesterday on
was that when the new deal ticket was set up for the $140 price strip (Deal
#576468.1), the deal should only be in for (4/6/2001) according to APX's
statement (not including 4/7/2001).  Therefore, the entire offpeak for your
deal would be booked on Deal #572069.1 for the $150 price for 4/7/2001.  Let
me know if you have any questions.  Thanks.
ajc

---------------------- Forwarded by Audrey Cook/HOU/ECT on 04/10/2001 09:44
AM ---------------------------

Audrey Cook
04/06/2001 01:27 PM
To: Chris H Foster/HOU/ECT@ECT
cc:
Subject: APX - 4/6/2001

Chris,
One more quick thing on 4/6/2001- APX is showing 2 different prices for
offpeak ($140 & $150 - different MW per strip).  EPMI is showing $150 @ 12/MW
per offpeak hours.  This difference amounts to a $144 difference (APX has
lower invoice).  Can you verify?  Everything else is fine....talk to you next
week.  Have a good weekend.
ajc


forecast for socal demand/rec/storage.  Looks like they will need more gas at
ehrenberg.(the swing receipt point) than 98 or 99.


Keep an eye on the bridge - these are still erroring out.


The following reports have been waiting for your approval for more than 4 days.  Please review.

Owner: Richard P Bergsieker
Report Name: Amex & COP October 2001
Days In Mgr. Queue: 7


As you requested, to clear up any confusion regarding the responsibilities of
the paralegals in the financial trading group:

We have four paralegals, myself, Susan Bailey, Samantha Boyd and Stephanie
Panus.  Marie Heard is no longer is our group, she works for Enron
Broadband.  Below are responsibilities of the paralegals in our group:

Tana Jones:  Primarily all EnronOnline issues.  (1) I am the primary Legal
contact for counterparty approvals for all Legal Groups.  Individual contract
problems should be sorted out with the relevant Legal group (i.e. physical
gas, power, etc.) the same way as they would be resolved offline.  (2) As my
time allows, I try and help on ISDA negotiations, so if you see a master with
my name on, feel free to call me.

Day to Day Financial Contract Drafting and Questions:  Can be directed to any
of Susan, Samantha, or Stephanie.

Copies of Executed Masters:  Call our assistant, Taffy Milligan at x57373,
she can get you copies.

Merger/Name Changes:  Stephanie Panus

Executed Master List:  Susan Bailey

I hope this straightens things out!


Just a reminder... I'm not able to login to westpower.


I am forwarding this message on behalf of Lesli Creedon at RFF.

Thank you!

Susan Johnson Doyle
Stewardship Coordinator
Resources for the Future
1616 P Street, NW
Washington, DC  20036
doyle@rff.org
(202) 328-5038 (v)
(202) 939-3460 (f)
----------------------------------------------------------------------------
-----------------------------------------------------

Paul and I met with Frank Savage, President & CEO of Alliance Capital
Managment International in NY today to see if he might be a good
prospect for the RFF Board.  Ken Lay arranged the meeting - Ken is on
the board of Howard University (where Frank is chair) and Frank is on
the Enron board.  Frank also knows Linda and John Deutch (from the
Council on Foreign Relations.)

We had a very good meeting - brought him upto speed on RFF and how we
are trying to expand our visability,esp in NY and in the financial
community, through events, the Council, etc.  Frank was very receptive
to our plans, thought we needed to focus on specific topics of interest
to the financial community and actions we could ask people to help
with.  He said he would love to come to Dod's breakfast in Feb.and
learn more about RFF.

Howard U. is clearly his biggest passion.  We need to send a letter
from Paul to him documenting previous conversations Paul has had with
folks at Howard about our fellowship programs and our desire to have
more African Americans apply.  He will show it to the President and
encourage him to act on it.)

Next step: Lesli ask Ken Lay to call Frank, see what he thought of us,
tell him more about his involvemnt on the Board, and see if Frank might
want to consider the Board over the next couple of months.


Hi Ben,

Hope Day 1 of your daughter's illustrious academic career went well.

We are hoping to meet tomorrow at 130 Central in 38C2 to discuss GE issues.
Sheila says you won't be here quite that soon, but it would be very helpful
if you could join us once you get here.  Time permitting, we can discuss the
ESA transaction once we are done with the GE stuff.

See you soon,

Kay


8 pm to 2 am

Gregory Carraway@ENRON
07/10/2000 04:32 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Re:

What time do the festivities begin?


Had a great time in SF.  Went to the wine country for a few days.  Was sad to
come back
to Houston.  We haven't done much on the house since your visit.  I'll talk
to you soon.  Tell
Marie we said hi.

Kevin


We are pleased to announce organizational changes to the Enron South America
legal department in response to the recent reorganization and realignment of
the principal Enron Wholesale Services business units operating in the
region, Enron Americas and Enron Global Assets.

Randy Young, currently General Counsel of ESA, will be assuming new
responsibilities within Enron.  John Novak will become General Counsel of
ESA, reporting to Mark Haedicke.  The ESA legal department will be
responsible for supporting all Enron Americas and Enron Global Assets
businesses in the region.  Additional legal resources, coordinated by Lance
Schuler, will be provided from EWS Legal in Houston to support ESA's
wholesale activities.  John will also work closely with Bruce Lundstrom,
General Counsel of EGA, to coordinate legal support with respect to the EGA
businesses in the region.  An organizational chart describing the new
structure is attached.

This new structure will enable us to continue to provide quality legal
support across business lines within South America while improving
coordination and providing additional support from Houston for Enron's
existing operating businesses, as well as the new business development
initiatives under way in the region.


Of course.  Just let me know what deadline you would like.  SS

Julian Poole@ENRON_DEVELOPMENT
01/28/2000 07:27 AM
To: Sara Shackleton@ECT, susan.bailey@enron.com
cc:
Subject: CMS Tender

Sara, it seems I will have our contact in CMS by today. I will let you know
asap.

Would it be possible to include some text proposing a deadline for them to
show us an indicative price?

Julian


Attached is a current listing of attendees for the dinner at Cafe Annie on
Wednesday.  Ted


For headcount purposes, please advise if you are planning to attend the group
out at St. Arnold's on Wednesday, October 25th.  Thank you!


Tanya:

Sara received a request from FPL's outside counsel in March asking to execute an ISDA for the entity that trades for the non-regulated business units of the regulated entity, Florida Power & Light Co.  He is offering the guaranty of FPL Group Capital Inc.  Sara sent a copy of her Lotus Notes entry to you all asking someone to respond.  Today, she received another e-mail re status?  Russell worked on the Florida Power & Light Co. master.  Do you know who is or will be working on this, assuming it is something we want to do?

Thanks!

Marie


A work order (J00136) has been set up on Gulf Coast Operations (Co 584) to
accumulate significant "out of pocket" costs associated with the Elba
project.


Do you know where the Texas Exes watch the games in London?  It might be kind
of fun to watch the OU game somewhere...even if just for a bit of it.  Just a
thought.


All,
I'm forwarding a message from Michelle Cash and Lizette Palmer re: Revocation Waivers.     I have not received any signed notices back as of today but if you have please forward them to me.    I would like to forward them to the vault.
Thanks, H

--------- Inline attachment follows ---------

From:  </O=ENRON/OU=NA/CN=RECIPIENTS/CN=MCASH>
To: Lemmons Jr., Billy </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Wlemmon>, Davies, Neil </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Ndavies>, McLoughlin, Hector </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Hmclough>
CC: Palmer, Lizzette </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Lpalmer>, Oxley, David </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Doxley>
Date: Tuesday, November 27, 2001 6:18:38 GMT
Subject:

FYI re:  offer revocation.  Michelle

 -----Original Message-----
From: 	Palmer, Lizzette
Sent:	Tuesday, November 27, 2001 12:17 PM
To:	Oxley, David
Cc:	Cash, Michelle
Subject:	Revocation Waivers

I would appreciate your help in communicating to the HR community that signed waivers related to the revocation of job offers are to be placed in two locations:  (1) original to the vault; and (2) a copy to the application file kept by HR regarding the individual.

Thanks,
--Lizzette


Dr. Kaminski,

On Wednesday, June 14th I attended your presentation entitled "THE CHALLENGE
OF VALUATION OF ENERGY RELATED DERIVATIVES" at the Risk 2000 conference in
Boston.  Can you please e-mail me the slides you presented.

Also, you mentioned that the method you used to calculate volatility for
energy prices was not the "normal" method.  Can you please tell me, or give
me a reference to the method that you did use.

Thank you,

Aaron Gould
Senior Risk Management Analyst
PSEG Services Corporation
Aaron.Gould@pseg.com
1-973-456-3527


Mark further our discussion today on Deemed ISDAs in Australia. 6 Deemed ISDA
Agreements were signed over the period late 1998 through to mid 1999. This
was due to I believe an unwillingness on the part of Enron to enter into a
ISDA Master Agreement that did not meet the then corporate requirements. I
have commenced a program of replacing these Deemed ISDAs with full ISDAs.
Apart from the obvious documentary issues, the status of a Deemed ISDA re EOL
is somewhat uncertain.

To date we have 22 settled ISDAs including 5 Deemed ISDAs.(see attached
list). The Deemed ISDA with RMB was replaced last month.


TTotten@nyiso.com writes to the NYISO_TECH_EXCHANGE Discussion List:

The NYISO is reserving hours beginning 15-19 in the August 28,
2001 Real-Time Market as well as the following hours per ECA
20001006B to verify prices:

HQ:  0, 7-9, 11-18, 21
NE:  0, 7-9, 13, 21
OH:  0, 7-9, 13, 21
PJM: 0-4, 7-9, 13, 21

Prices in the August 29, 2001 Day-Ahead Market are correct.

This e-mail information is a copy of the official posting which can be
found at the following address of our website:
http://mis.nyiso.com/public/htm/OperMessages/CurrentOperMessages.htm#mm


Hi Brian - have you heard anything about when we might expect a proposed
decision on Phase 1 issues from Michelle Cooke.  (Jeff, I'm trying to get
information for Martin Wenzel on DG).


Tana:

None of the CPs on today's list are authorized to trade US power products
since they were all restricted by credit.

(Energex, Southern Hydro, Yallourn and Star Natural)

Leslie


sure... i think you have everything on valentis and cd holdings.. i am
waiting for those docs and AIG to go out.. i have all the other info on the
funds we have in the system and will just use the template you gave me to
organize it.

Brent- did you find the Catequil confirms ... also, comments on Catequil????

thanks,
Caroline

From: Sara Shackleton@ECT on 04/25/2001 11:04 AM
To: Caroline Abramo/Corp/Enron@ENRON
cc: Carol St Clair/HOU/ECT@ECT, Frank
Sayre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: Re: Valentis and CD Holdings

Caroline:

As you know, Carol is working on your template; then Frank, Carol and I  will
have to review/discuss.  You will have the template soon.  We are all working
hard to provide you with the necessary documentation.

Are you preparing the information for us?

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

	Caroline Abramo@ENRON
	04/25/2001 10:07 AM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: Re: Valentis and CD Holdings

sara- can i have a blank template over email.. thanks, ca

From: Sara Shackleton@ECT on 04/25/2001 09:03 AM
To: Caroline Abramo/Corp/Enron@ENRON
cc: Fred Lagrasta/HOU/ECT@ECT, Paul Radous/Enron@EnronXGate

Subject: Re: Valentis and CD Holdings

Caroline:

No Deemed ISDA, we decided that yesterday for the long-dated deal.

We are working on the draft masters for emailing.  Please send me the
information about your counterparties' lawyers so we can begin negotiating.

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

	Caroline Abramo@ENRON
	04/25/2001 06:42 AM

		 To: Sara Shackleton/HOU/ECT@ECT, Carol St Clair/HOU/ECT@ECT, Frank
Sayre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 cc: Fred Lagrasta/HOU/ECT@ECT, Paul Radous/Corp/Enron
		 Subject: Valentis and CD Holdings

Please send the draft ISDAS to:

Marty Lifgren- mlifgr@wexford.com
Charles Davidson- cdavid@wexford.com

We agreed that the fastest way to proceed wwas to send the ISDA or can we
still send the deemed ISDA?.


We need to pursue now.  SS
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 08/11/99 11:35
AM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  Patricia Cini                           08/11/99 10:00 AM

To: Sara Shackleton/HOU/ECT@ECT
cc: Rodolfo Freyre@Enron
Subject: Empresa Distribuidora de Energia Norte

Here is the credit worksheet that I had originally sent on 6/28/99.  Susan
Bailey was working on this file when Argentina put the ISDA on hold.
They are ready to move forward with this ISDA again.

Regards,

Pat

---------------------- Forwarded by Patricia Cini/HOU/ECT on 08/11/99 09:59
AM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  Patricia Cini                           08/10/99 06:45 PM

To: Sara Shackleton/HOU/ECT@ECT
cc: Rodolfo Freyre@Enron
Subject: Empresa Distribuidora de Energia Norte

Sara-

We had started an ISDA with this counterparty that was put on hold, but is
now back on again.

The main issue was the change in ownership, which should be if AES Corp.
fails to own 56.33% of Empresa Distribuidora de Energia Norte.

Let me know if there were any other issues with preparing this document.

Thank you,

Pat


NOTE FROM MARK FREVERT

With the wide and varied activities of our three organizations, we created
this e-mail newsletter to keep everyone better informed about our various
businesses.  I hope you find it informative and more importantly, that you
will use this newsletter to help spread the word about the successes in your
group.

To provide content for future e-mails, contact Michelle Vitrella in our
Public Relations group via e-mail or call her at ext. 3-9767.  Communication
is one of the core Enron values and I believe this is a great way to improve
communication across our wholesale businesses.

Additionally, I would like to again encourage everyone to take a few minutes
to complete &The Pulse8 survey.  This annual survey regarding the work
experience at Enron and how we can make it better is an important part of the
two-way communication process at Enron.  Please go to the Enron intranet and
type survey.enron.com.  It only takes a few minutes, it,s confidential and
your comments will help make Enron a better place to work.

BUSINESS HIGHLIGHTS

Natural Gas
Middle Marketing,s biggest trade of the year so far occurred this month.  The
significant transaction was a five year, multimillion dollar restructuring
with a subsidiary of Formosa Plastics, one of the world,s largest producers
of polyvinyl chloride.

Additionally, Continental Airlines, the fifth largest US carrier, has hedged
a considerable amount (1.2 million barrels/month) of crude oil.   Winter
Nymex hedges were put in place for the undisputed heavyweight chip champ of
the world, Frito Lay.

Pulp & Paper
With the acquisition of Garden State Paper and launch of Clickpaper.com,
Enron is creating an efficient spot physical market for pulp and paper
commodities.  Buyers and sellers will benefit from improved price
transparency and reliability and access to Enron,s online financial markets.

Improved price transparency and the ability to imbed financial derivatives
into physical trading flows will facilitate the growth of Enron,s trading
business.  To date, Clickpaper.com has traded over 1 millions tons of pulp
and paper product with a notional value of over $675 million.

Upstream Origination
Upstream Origination, headed by Julie Gomez and Jean Mrha, focuses on natural
gas products to optimize commercial value associated with the natural gas
grid on the continent and in the Gulf of Mexico (GOM).  Through products such
as storage, electric compression and producer services & outsourcing, ENA
creates value for its customers and reconfigures the natural gas
infrastructure to be more efficient.  In addition, Upstream Origination
transactions exploit the unique relationship between development of strategic
assets through sophisticated financing structures and the utilization of the
market information created by those assets.

&THE PULSE8 SURVEY RESULTS

As of Wednesday, October 18, the total responses to &The Pulse8 from
ENA/EGM/EIM are 689.  This is approximately 30% of all employees.  Since our
goal is a 100% response rate, we have a long way to go!  Please take a few
minutes to log on and give Enron your thoughts.  The Pulse is located at
survey.enron.com on the Enron intranet page.

If you like competition, here are the results by group:

Commercial - Origination  131
Energy Operations   126
Risk Management and Trading 106
Other/None of the Above  91
Bus. Analysis & Rep./Fin. Ops. 90
Legal     46
Gas Assets    37
Human Resources   30
Tax     18
Technology/IT    14

WELCOME

Transferred Into ENA/EIM/EGM
ENA - Kathleen Neal/HR, Suzanne Kelly/Infocentral, Tobias Monk/Finance Direct
EIM - Eric Connor/Industrial Energy Group
EGM - Eric Calub/Global Product Mgmt

New Hires ENA/EIM/EGM
ENA - Lance Cunningham/CTS Research, Anita Dupont/CTS Research, Yvette
Hales/Gas Logistics ) East, Angela Howell/Equity Trading, Farid Mithani/Power
Risk-Credit
EGM - Heather Purcell/Enron Global Markets

IN THE NEWS

&No company illustrates the transformative power of innovation more
dramatically than Enron.  Over the past decade Enron,s commitment to the
invention*and later domination*of new business categories has taken it from a
$200 million old-economy pipeline operator to a $40 billion new-economy
trading powerhouse.8
From &The World,s Most Admired Companies,8 Fortune, Monday, October 2

NUGGETS & NOTES

&What,s the message we,re trying to get across?8 ) Ray Bowen, COO EIM

&I,m not a micro-manager8 - John Lavorato, COO ENA

&Make it so, number one8 ) Jeff Shankman, COO EGM

CONTEST

Enron is & The Most Innovative Company8 based on Fortune Magazine,s Most
Admired Survey.  ENA Public Relations is ready to put Enron North America,
Industrial Markets and Global Markets to the test.  We need your creative
minds to help name the NEW Electronic Newsletter we now call AmeriFlash.  Put
on your thinking caps and submit your ideas for a new name to
michelle.vitrella@enron.com.  The ENA Public Relations Team will narrow the
list to the TOP TEN and then send it to our official judge, Mark Frevert, to
make the final decision.  The winner will receive a gift certificate to any
Pappas restaurant.  GOOD LUCK!


(See attached file: HPLN1213.xls)

 - HPLN1213.xls


Dear Dr. Kaminsky,
?
I was in SIAM Workshop last Friday and I enjoyed  your talk very much.? I
wonder whether you will be able to email the  material you have presented and
also give me some references to start  with.
My Background is B.S. M.A. in Math, Ph.D. in Fluid Mechanics,  2 yrs Post Doc
doing Computational fluid dynamics in parallel machines (IBM  SP).? For the
past 4 yrs I am doing the Basin Simulation development with  Mobil.? I always
wonder how? the financial problems can be solved and  how the numerical
computing, especially, supercomputers, can be applied to these  problems.
Your talk is a very good starting place for me.
?
Thank you very much.
?
Best Regards,
?
Terrence Liao


Shirley,

I already have lunch with Steve.

Please, decline.

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 08/31/2000
02:53 PM ---------------------------

Charlene Jackson@ENRON
08/31/2000 11:17 AM
Sent by: Karen Davis@ENRON
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Focus Group Invitation - Supervisors

Vince,

The Associate & Analyst Programs are conducting Focus Group Sessions to
gather feedback regarding the Mid-Year 2000 PRC Process.  You have been
randomly identified as a participant in the Supervisors session.
Organizational Development Consultants from Corporate Human Resources will
facilitate the sessions.  We encourage your participation and welcome your
feedback as we prepare for the year-end performance assessment process.  The
logistics are as follows:

Friday, September 8, 2000
11:00am - 12:30pm
Location - EB32C2

Please RSVP to Constance Charles at 3-5614 or by email no later than
Wednesday, September 6th at 12:00 noon.  Lunch will be provided.

I look forward to receiving your feedback.

Thank you,
Charlene Jackson


Hector/Valeria,

Do we have a rule against heaters?  If not, that seems to be the easiest
solution, as well as the "dress warm" advice.  I think that moving him would
not be good -- his isolation could work against our goals here.

Your thoughts?

Michelle


Yes- There are no deals to review and I don't attend board meetings anymore. Please get me off. Call me if you need more details. Tx Rick

 -----Original Message-----
From: 	Rogers, Rex
Sent:	Thursday, December 06, 2001 9:56 AM
To:	Buy, Rick
Subject:	RE: 16b

Rick:  We can and will if the facts support it---have your title, duties and  responsibilities changed in light of the developments of the last several weeks?    Thanks, Rex

 -----Original Message-----
From: 	Buy, Rick
Sent:	Thursday, December 06, 2001 8:08 AM
To:	Koenig, Mark; Rieker, Paula; Rogers, Rex
Subject:	RE: 16b

I completely agree. Please take me off this list. Thanks, Rick

 -----Original Message-----
From: 	Koenig, Mark
Sent:	Thursday, December 06, 2001 7:57 AM
To:	Rieker, Paula; Rogers, Rex
Subject:	16b

Paula and Rex - I have mentioned this several times in the past several weeks, but have not received an answer.  Isn't it time to significantly adjust our 16b list?  There is clearly a new management team making the key decisions, and with all of the frequent Board meetings, it should be easy to do.  Thanks.  MEK


Start Date: 4/16/01; HourAhead hour: 14;  No ancillary schedules awarded.
Variances detected.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041614.txt

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 14 / Preferred:   5.76 / Final:   5.75)
  TRANS_TYPE: FINAL
  LOAD_ID: PGE2
  MKT_TYPE: 2
  TRANS_DATE: 4/16/01
  SC_ID: EPMI
$$$ Variance found in table tblLoads.
     Details: (Hour: 14 / Preferred: 137.52 / Final: 137.52)
  TRANS_TYPE: FINAL
  LOAD_ID: SDG1
  MKT_TYPE: 2
  TRANS_DATE: 4/16/01
  SC_ID: EPMI


Thanks...Billy


How about 12:00 central time on the 29th.
Laura

> -----Original Message-----
> From:	Stephanie.Panus@enron.com [SMTP:Stephanie.Panus@enron.com]
> Sent:	Friday, October 19, 2001 10:33 AM
> To:	lkapustka@oppd.com
> Cc:	ademulling@fraserstryker.com
> Subject:	RE: ISDA Agreement
>
> Laura,
> Frank will be out of the office that morning and asked if we could
> schedule
> the call for any time after 11:30.
>
> Stephanie Panus
> Enron Wholesale Services
> ph:  713.345.3249
> fax:  713.646.3490
>
>     -----Original Message-----
>    From:   "KAPUSTKA, LAURA L" <lkapustka@oppd.com>@ENRON
>    Sent:   Friday, October 19, 2001 7:53 AM
>    To:     Panus, Stephanie
>    Cc:     'ademulling@fraserstryker.com'
>    Subject:  FW: ISDA Agreement
>
>    Stephanie -
>    Thank you for the phone call yesterday.  Could we schedule a conference
>    call
>    with Dr. Sayre on Monday, October 29 at 10:30 Central Time?  If that
>    time
>    does not work, please let me know.  If that time works, I will plan on
>    calling Dr. Sayre at 713-345-7894.  Thanks -
>
>    Laura Kapustka
>    Manager - Treasury & Risk Management
>    Omaha Public Power District
>    (402) 636-3057
>
>
>    > -----Original Message-----
>    > From:      KAPUSTKA, LAURA L
>    > Sent:      Wednesday, October 17, 2001 4:32 PM
>    > To:   'frank.sayre@enron.com'
>    > Cc:   'ademulling@fraserstryker.com'
>    > Subject:   ISDA Agreement
>    >
>    > Dear Dr. Sayre:
>    > Thank you for your letter regarding the ISDA Agreement being executed
>    > between OPPD and Enron.  I have discussed your letter with our
> General
>    > Counsel (Fraser Stryker).  I would like to set up a conference call
> to
>    > discuss the issues raised in your letter.  Would you be available for
>    a
>    > conference call on Thursday, October 18 or October 29?  I will look
>    > forward to hearing from you.
>    >
>    > Laura L. Kapustka
>    > Manager - Treasury & Risk Management
>    > Omaha Public Power District
>    > (402) 636-3057
>
>
>
> **********************************************************************
> This e-mail is the property of Enron Corp. and/or its relevant affiliate
> and may contain confidential and privileged material for the sole use of
> the intended recipient (s). Any review, use, distribution or disclosure by
> others is strictly prohibited. If you are not the intended recipient (or
> authorized to receive for the recipient), please contact the sender or
> reply to Enron Corp. at enron.messaging.administration@enron.com and
> delete all copies of the message. This e-mail (and any attachments hereto)
> are not intended to be an offer (or an acceptance) and do not create or
> evidence a binding and enforceable contract between Enron Corp. (or any of
> its affiliates) and the intended recipient or any other party, and may not
> be relied on by anyone as the basis of a contract by estoppel or
> otherwise. Thank you.
> **********************************************************************


Karen, I have no proposed changes.  Jim

 -----Original Message-----
From: 	Denne, Karen
Sent:	Wednesday, September 26, 2001 4:23 PM
To:	Lay, Kenneth; Derrick Jr., James
Cc:	Rieker, Paula; Johnson, Kelly; Carter, Rebecca; Kean, Steven J.; Palmer, Mark A. (PR)
Subject:	Employee Memo re: Corporate Secretary

Attached is a draft employee memo, which has been reviewed by both Rebecca and Paula.  Please review, and let me know if you have any comments or changes.

Thank you.
Karen

 << File: corpsectmemo.doc >>