Howdy.  I wrote the following last month while I was in Northern Cyprus.
Hope you enjoy it.

*  *  *

Maras, The Turkish Republic of Northern Cyprus -- Attached to the rusting
chain-link fence I am approaching are several blood red signs, on which are
stenciled both the black silhouette of the top half of a faceless soldier
holding a rifle and a warning, in Turkish, that "Fotograf Cekmek Yasaktir
[To Take Photographs Is Forbidden]".  The fence, no longer quite plumb in
the soft sand, seems to stumble across the beach, eventually ending at a
gently lapping Mediterranean. There a tangle of wires attached to the fence
extends a short way into the surf, making anyone's effort to outflank it
obviously intentional.  The Turkish soldiers patrolling the non-man's land
beyond, to the south, could thus treat such an intruder, I suppose, in
whatever way they might see fit.

In the other direction, the fence, before it has completely left the beach,
cuts sharply north, running in front of the hulks of four empty resort
hotels.  Above them in the deep blue of the pre-dusk sky hangs a crescent
moon, the same phased moon that graces the flags of both Turkey and the
Turkish Republic of Northern Cyprus.  One of the hotels still has the
remnants of an identifying sign, with just two of its six letter Greek name
remaining.  Another hotel, the smallest and no doubt at one time the
quaintest, has slatted wooden shutters covering the windows and doors
leading out to tiny porches.  Some of the shutters have rusted off their
hinges then fallen forward against the porch railings, and now point out to
sea as if giving urgent warning.  Others hang limply, defeated, from a
single remaining hinge.
Most surprisingly, every one of the windows I can see in the hotels is
either missing or broken.  I am taken back by such thoroughness, given that
the most likely motivation was vindictiveness.  I struggle to find a loftier
one, wondering if there was perhaps some valid security consideration, such
as making these somewhat strategically set buildings unattractive to
squatters.  Maybe -- though I find this thought the most troubling -- it had
been done just for the fun of it.

The fence I am walking along marks the border between inhabited and
uninhabited Maras, the Turkish Cypriot's name for the town Greek Cypriots
call Varosha.  The uninhabited part has been off limits since the Turkish
army invaded Cyprus in 1974.  Before that invasion the small Turkish Cypriot
minority had lived uneasily amongst the Greek Cypriot majority, though in
the years since 1960, when Cyprus was given its independence by the English,
periodic outbreaks of inter-communal violence had led to increased
segregation and emigration.  The invasion, launched after a coup on the
island and another particularly vicious spat of violence, eventually put an
end to even this limited association -- as it did the worst of the violence.
  The Turkish army went on to occupy roughly the northern most 40% of the
island, which was accompanied and followed by one of the last century's all
too familiar mass cross-migrations.  The northern "half" is now home to
nearly all of the island's Turkish Cypriots, close to 20% of the total
population.

The border between the north and south, known as the Atilla Line, is one of
the many UN patrolled "blue lines" in the world.  Maras actually falls
within Northern Cyprus, with the Attila Line further to the south.  It is
controlled now by the Turkish army.  At the time of the invasion the town
had been a thriving, up and coming resort town, run mostly by Greek
Cypriots.  Indeed, all over Cyprus, since its independence -- despite the
periodic, deadly violence -- tourism had been booming.  But here in Maras,
at least, the boom is no more.  The forty or so thousand Greek Cypriots who
once owned, ran or otherwise worked there, fled in panic before the
advancing Turkish army, reportedly leaving behind uncleared breakfast dishes
on tables and washing on lines, some forgetting to turn off lights that
burned on and on for years.

UN sponsored "proximity talks" between the North and the South  -- called
proximity talks because the negotiating leaders will not met face to face --
started in New York on December 4th.  They are set to continue in Geneva
this January 31st.  The return of Maras to its former mostly Greek Cypriot
owners, or more precisely their return to it, is no doubt high on this
meeting's (thus far secret) agenda, as it has been over the years at the
many similar, though always fruitless, negotiations.  This time around,
however, expectations are running higher than usual, primarily because of a
positive change in the dynamic between the two side's by far most important
sponsor states, Turkey and Greece.  Turkey, for example, has recently
acquired candidacy status within the European Union, which commits it to
resolving among other things its disputes with EU member Greece.  Greece, on
the other hand, has lately suffered a series of embarrassments on the
international stage, the biggest of which was being caught last February
having given sanctuary to fugitive Kurdish separatist leader -- and
terrorist in most people's minds -- Abdullah "Apo" Ocalan.  Coupled with the
significant good will garnered in the wake of the tremendous assistance
Turkey and Greece gave each other after their twin earthquake disasters last
year, the two countries just may be willing to push their client states
toward a deal.

The point where the fence meets the sea marks the end of the gentle curve of
the short beach I am walking.  Behind me, at this beach's other end, is
inhabited Maras' nicest hotel (oddly sporting an English name, the Palm
Beach Hotel).  If you looked in that direction, taking in only the fine
hotel, the attractive beach, the dark blue sea, you might think you were in
a tourist paradise.  But this is no paradise.  As I walk the last few feet
to the fence I begin to see another beach emerge, much longer than the one I
am on, sweeping south most of the way to the horizon.  There are more
hotels, which I knew from what I had read were also empty.  But my reading
has not prepared me for the monstrous proportions of it all.  First, in the
distance, one, two, three empty hotels quickly come into view, then, more
slowly, dozens more.  At the fence, with the entire beach now visible, I
count more than thirty of them, and these just on the waterfront.

Just beyond the fence are a few pieces of ancient playground equipment
scattered about the sand.  I try to imagine the happy cries of the children
as their parents, more than twenty- five years before, pushed them round and
round in dizzying circles on the miniature merry-go-around, now rusted and
partially buried by drifted sand.  There is a long slide too, though
half-tumbled down, one of its rusted supports having twisted and collapsed
after so many years of weather and neglect.  My own memories of childhood
end at no such place now trapped inside a militarized no-man's land.  How
different life must seem to those whose memories do.  What sorts of dreams
are built on this type of innocence lost?

I turn around and walk to the Palm Beach Hotel, along the way wondering if
it was merely luck that had left it on the business side of the fence.  On
its porch I chose a chair, since it has become cold, near a partly cracked
door through which comes a warm draft.  I order a cup of tea.  As the
evening grows darker, so does the abandoned town spread out before me.  The
crescent moon is now higher in the sky and, together with a strategically
placed star, provides a tiny bright exclamation point over the entire dismal
scene below.

At that moment two energetic young men burst through the door.  The bigger
of the two is gripping the arm of the other, directing him forward to the
porch's railing.

"Bak [look]!" he says in Turkish, gesturing out toward the sea with a broad
sweep of his free arm.  "Harika, degil mi [Wonderful, isn't it]?"

"Evet, cok guzel [Yes, very beautiful]", his friend agrees.

They stand gazing out over the sea, though after a brief moment I see the
smaller man's head turn toward the darkened hulks that line the shore.  The
bigger man glances at his friend, sees where he is looking, then looks
himself.  They are both silent for quite some time before the bigger man
returns his attention to his friend, squeezes his arm.  His friend, as if
awakening from a trance, slowly pulls his gaze from the ruins, smiles up at
his companion.  After two identical, simultaneous shrugs, they chuckle
uneasily, shaking their heads as they do.

When they turn to return to the door, I holler out to them. "Baris mumkun mu
[Is peace possible]?"

They stop, look at me with frowns of curiosity.  "Nerelisiniz [Where are you
from]?"  It is the big one who had taken the lead.

"Amerikali"yim [I'm an American]."

His frown deepens, though now for a different reason.  "Belki dort, bes yil
sonra [Maybe four, five years from now], belki hic bir zaman yok [maybe
never]."

"Ama, ne hakkinda otuz bir ocak, bir yeni baris gurusmesi [But, what about
January 31st, the new peace negotiations] (?"

"Hah!" he exclaims, interrupting me. "Her zamen yeni baris gorumesi var
[There are always new peace negotiations]!"

He thereupon dismisses my inference with the same sweeping arm gesture he
used to introduce, to his friend, the sea.

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


My assistant Taffy Milligan is tracking these down for you.  Her direct no is
57373.

	Brad Lawson
	10/18/2000 07:57 AM

		 To: Tana.Jones@enron.com
		 cc:
		 Subject: Prepaid contracts

Tana,
Sorry to bug you again regarding these contracts.  Any idea when we can
expect them?  Tom Myers is asking me for a spreadsheet, but I can't complete
it until I have some information from those documents.

If you've already sent them, thank you very much.  If not, any idea when it
will be?

Brad
X5-3919


Tom,

Thanks for the list of questions.  I am always glad when someone takes me up on that type of offer, because I genuinely want the input from others.  I have taken a quick glance at the list of questions and will take the time to read them thoroughly over a sandwich today.  After reading them, I will get back to you on an effective way to answer them, as I may not be able to personnally address all.  --Sally

 -----Original Message-----
From: 	Chapman, Tom
Sent:	Tuesday, November  13, 2001 11:04 AM
To:	Beck, Sally
Cc:	White, Stacey W.; Evans, Casey
Subject:	You asked for questions

Sally-

Yesterday at the floor meeting on the 32nd floor, I asked you a pointed question regarding trust of company management.  I appreciated your effort to confront the frustration that many employees currently have.

However, you also requested other questions.  I have a number of questions, and I have tried to collect a number of questions from those that I have heard around the floor.  In addition, I have a couple of suggestions for what could be done to build badly lacking morale.

I am sorry for the long list, but in reality this is probably just the tip of the iceberg regarding questions and concerns out there.  I hope that you can answer some of these questions, and I hope that you can ask some of these questions to those who might know.

I appreciate your efforts.

Here is the list:

 << File: QUESTIONS.doc >>

I have sent this to my two supervisors as well.

Have a nice day.

Tom Chapman


Enron employees are invited to celebrate the Topping-Out of Enron Center
South this afternoon, Monday April 23rd at 3:45 pm in Antioch Park.  You have
signed the last beam........  Now watch it rise.  In celebration of Arbor
Day, tree saplings will be handed out to all employees.

Join us in Antioch Park on Friday, April 27th for the April Big E Cafe!
Lunch will be catered by Escalantes Mexican Grille with a choice of beef,
chicken or veggie fajitas with trimmings, dessert and a drink for $5.  Live
salsa music will be provided by Tropicrew, featuring Enron,s own Ms. Alex
Villarreal as the lead singer.  Non-profit organizations represented will
include the March of Dimes, SEARCH and the Lupus Foundation of America.  Get
lunch free if you're dressed "freaky"!

Keeping with our Mind,s Eye Madness week, be sure to check out the Enron Mind,
s Eye Motorcade which will be on-site during lunch.  This art car convoy will
be spending the day visiting Enron-designated stops in the community to
promote innovation and creativity.  Want to volunteer for the convoy, call
Jessica at x31918 - shifts are 9:00am - 1:00pm and 1:00pm to 4:00pm.

With a view to highlight advancements in technology, new businesses at Enron
and the importance of being yourself, this week-long celebration will take
place in the Enron Building lobby during lunchtime from Tuesday, April 24th
through Friday, April 27th.  More details to follow via e-mail and ETV!
Monday   Imagine the Future
Tuesday  Laser-Focused Business
Wednesday  The Power of Perspicuity
Friday   Freaky Friday & the Big E Cafe

Experience the event named by the Houston Press as Houston's Best Party!
The festivities take place on Thursday, April 26th from 7:00pm to 11:00pm at
the Astrodome.  The Art Car Ball boasts over 5,000 guests, rocket-fueled
fashions, fantastic food, otherworldly entertainment, music, dancing and
unbridled merriment where all kinds unite to respect the unexpected in
space-age style. This year musical entertainment will include Carolyn
Wonderland, Marcia Ball and Royal Crown Revue.  Discounted tickets will be
available in the Enron Building lobby next Tuesday through Thursday (visit
the Mind's Eye Motorcade information table) for $40 each and will be $50 at
the door.  All proceeds benefits The Orange Show Foundation programs - for
more information, visit www.orangeshow.org.

Please join us for a brownbag concert on Friday, May 4 from 12:00 ) 1:00 p.m.
at Two Allen Center in the Forum (7th floor).  Da Camera presents, &The Ying
Quartet8 performing selected 20th Century chamber pieces.

Also, De Camera is offering a 20% discount to Enron employees to Da Camera,s
200/01 season finale concert, &Celebrating Patronage8 on Saturday, May 6 at
The Wortham Center.

If you are interested, please RSVP to Jessica Nunez at X31918

Do you hate to garden in the summer because everything you plant dies?  Linda
Gay, Director of the Mercer Arboretum and Botanic Gardens in Humble, will
teach us about plants that not only survive, but thrive during the dog days
of Houston summers. Topics will include tropical-looking plants for sun and
shade, gingers, fragrant plants, and drought-tolerant plants.

WHEN:  Tuesday, May 8th, 11:30 a.m. - 12:30 p.m.
WHERE: The Forum, 12th floor of 2 Allen Center

Houston area singles interested in jazz, dessert and classical music can meet
and mingle on Friday, May 4, 2001.

The evening of entertainment begins at 5:30 p.m., with live jazz by the Blue
Monks at Sambuca Jazz Cafes at 909 Texas Avenue.  Complimentary hors
d'oeuvres and a cash bar are available at the pre-concert party.

At 7p.m., you're off to Jones Hall across the street for dessert at the Round
Bar before the Houston Symphony performance at 8 p.m.

David Robertson, Musical America's Conductor of the Year 2000, will lead
Beethoven's idyllic romp through the countryside, Symphony No. 6, Pastoral.
The  program concludes with Prokofiev's patriotic Alexander Nevsky,
originally written for the Eisenstein film of the same name, and the
legendary Battle on the Ice, featuring the Houston Symphony Chorus.

Tickets are $35 and include the pre-concert party at Sambuca, dessert at the
Round Bar in Jones Hall and reserved concert seating.  Pre-paid reservations
are required and space is limited.  Singles only please.  Make your
reservations on-line at www.houstonsymphony.org or call 713 238-1477.

CyberAuction - March Of Dimes -- Wednesday, April 25 9:00 am to Thursday,
April 26 4:00 pm.  For more details go to http://home.enron.com.

WalkAmerica, taking place April 29, is the March of Dimes biggest
fund-raiser. Money raised from the WalkAmerica supports pioneering research
and innovative programs that save babies born prematurely or with birth
defects. Since its beginning in 1970, WalkAmerica has raised more than $1
billion to help give babies a fighting chance.

Every dollar raised will be matched by Enron.

You can read more about the March of Dimes at www.modimes.org.

For more information, please contact Kimberly Nelson (ext. 33580) or Gina
Taylor (ext. 37681).

We need volunteers to allow a student to be their &shadow8 for an afternoon!
These students can assist you with copying, filing and general clerical tasks
and would appreciate the opportunity to watch you work!! LUNCH WITH YOUR
STUDENT AT THE BIG E CAF_ WILL BE PROVIDED!!!!!!!!!!!!!!!

The Keystone Club is a national program of Boys & Girls Clubs of America.
Keystone Clubs are chartered, small group leadership development clubs for
young people who are members of local Boys & Girls Clubs and are aged 14-18.
Keystoners elect officers, choose their own activities and plan and implement
community service projects.

One of the special programs offered to Keystoners under the Education and
Career Objective is the Career Experience Program.  A small group of Keystone
Club members will visit Enron, where they will shadow career professionals in
the work environment.  Enron will host a group of 25 Keystoners on Friday,
April 27th from approximately 11:30-4.

If you are interested in helping the Boys & Girls Clubs of America by hosting
a Keystoner on April 27th, please contact Jennifer Milligan at X35272.

The Enron Mind's Eye Motorcade is an art car convoy sponsored by Enron.  It
will visit Enron-designated stops in the community including our adopted
schools, non-profit organizations and medical center facilities dedicated to
treating children.   Enron employees are needed to accompany the convoy and
interact with the community by communicating the importance of innovation.
When registering, please designate your time preference.  Available times
include 9:00am to 1:00pm and 1:00pm to 4:00pm - thank you for your
participation!

Volunteers Needed!  Wednesday, April 25, 2001 at the George R. Brown
Convention Center, Exhibit Hall A.  from 11:00 a.m. to 1:00 p.m. to assist
with the Texas Scholars Senior Recognition Ceremony/Luncheon.

This ceremony recognizes over 4,000 high school seniors who met the program
requirements for graduation from high school.  During the ceremony,
volunteers are needed to place the Texas Scholars medallions around the necks
of HISD students.

Please contact Jennifer Milligan at X35272 if you are interested.

ChildBuilders, Houston's Advocates for Mental Health in Children,  is hosting
a special lunch time event in honor of Children's Mental Health Awareness
Week at Hermann Square, featuring actors performing vignettes on issues and
parenting.  Zydeco music, free soft drinks and deserts will also be
available.

Volunteers will receive a free t-shirt and are needed to publicize the event,
fill balloons, set-up tables and chairs, serve drinks and deserts, and to
assist with clean-up.  To sign up for these jobs, please email your name,
phone number, and email address to Dottie Bates at dsquareb@msn.com or call
(713) 932-8440.

The Enron Running Club is looking for 75+ volunteers to assist at the Special
Olympics Summer Track & Field Meet being held April 28 - 29.  There are many
volunteer opportunities including timers, award escorts, assisting at water
tables, cheering on athletes and more!  We are looking for employees,
families and friends that can contribute a few hours or who are willing to
spend the day benefiting a great cause.  Please contact Cindy Richardson,
x3-4770 or Kelly Lombardi, x3-8491 for more information or run to:
http://home.enron.com:84/erc/index.html

VOLUNTEERS NEEDED FOR 15TH  ANNUAL HOUSTON HOOP-IT-UP MAY 5-6!

The best way to get yourself jump-started for a full year of Hoops.  Become a
part of this jammin,hoops scene with over 1,200 teams & 4,800 players.  Join
us at Greenspoint Mall for a basketball-crazed atmosphere.  Games and special
events being played simultaneously on 110 courts so the basketballs will be
flying HOOP-IT-UP is where you play for FUN.  EVENT BENEFITS THE &ESCAPE
FAMILY RESOURCE CENTER8

SATURDAY )  MAY 5TH 8:00 ) 6:00 PM
SUNDAY )  MAY 6TH 8:00 ) 5:00 PM

For more information please call &Hoop-It-Up Hotline8: 713-521-4535 or
E-Mail: Hoopitup@Texas.Net

Double click on the icon below to learn more about the new Enron Kids'
Center.

http://home.enron.com:84/messaging/e_kids_announce423.pdf

Have News to Share?
To post news or events in Enron In Action, please e-mail your information to
EIA@enron.com
no later than 12:00 noon the Thursday prior to the next Monday,s mailing.


and, p.s., thanks for the Israel info.  Are you considering not going?

 -----Original Message-----
From: 	SamChawk@aol.com@ENRON
Sent:	Wednesday, January 23, 2002 11:03 AM
To:	Shackleton, Sara
Subject:	Re: Visit

you are a meanie. Can we at least get together then?    sam


Attached is Jim's e-mail regarding Cedar Resources deals.  We have a
disparity.   I will confirm as below unless I hear from you as different.

Thanks
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

----- Forwarded by Debra Perlingiere/HOU/ECT on 12/08/2000 11:47 AM -----

	James T Javins@EES
	12/08/2000 11:29 AM

		 To: Debra Perlingiere/HOU/ECT@ECT
		 cc:
		 Subject: Cedar Resources

There were two Cedar Resource deals:

 No. 1   12/1/2000 through 11/30/2002 (two years)  1000/month @ $4.83/dth

 No. 2 12/1/2000 through 11/30/2001 (one year)  1500/month @ $5.30/dth

Hope this helps.

Jim


Please see the attached Management Report for June 19, 2000:

Total  Today Year To Date Life To Date

Number of Transactions  2,248 154,637 159,638
Gross Notional Value $  1,211,911,249 72,788,847,838 74,003,534,411

Revenue from Physical flows to date ($)  4,310,669,750 4,406,421,242

New Counterparties transacting today  3
Counterparties having transacted to date  371

Also attached is the Public Domain Report, containing information which is
intended for use in presentations or reports which will be seen by
individuals outside Enron:

Total Life to Date Transactions   > 159,000, which is > 52 % of Enron,s
current transactions for the month
Average Daily Transactions    > 1,900
Life to Date Notional Value of Transactions > $74 billion
Average Daily Notional Value    = Approximately $1 billion, which is 45% of
Enron,s Notional Volume
Number of Products Offered Each Day  = Approximately 820


Let's try to not duplicate work efforts.  I just sent a copy of the BMO repo agreement to Laurel Adams who requested this for the AA audit.  Who's in control of the AA process?  Just give me a call.  Thanks.  Sara

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

 -----Original Message-----
From: 	Richardson, Stacey
Sent:	Wednesday, October 31, 2001 4:18 PM
To:	Shackleton, Sara
Cc:	Landau, Georgi; Campos, Anthony
Subject:	FW: Contract request

Oops!  I forgot my attachment.  Please see below.

 << File: Contract Request 103101.xls >>

 -----Original Message-----
From: 	Richardson, Stacey
Sent:	Wednesday, October 31, 2001 4:13 PM
To:	Shackleton, Sara
Cc:	Landau, Georgi; Campos, Anthony
Subject:	Contract request

Sara,

I've been working with Carrie Richardson (Andersen auditor) regarding master contracts covering interest rate and foreign currency transactions.  The Global Contracts group has been able to find almost all the contracts with a few exceptions.

The first, between ENA and HSBC Futures Inc., was set up in the Legal tracking database but we never did receive the actual documents.  The record in Global Contracts was finally trade suspended (as a result of a previous audit) until we can locate that documentation.  We do have an agreement between the CP and RMT. [Shackleton, Sara]  This agreement is a Futures Agreement [Shackleton, Sara]  ; I'm confused about RMT's arrangement with HSBC (we only use RMT for ISDA agreements with ENA)

We also cannot locate a master agreement between ENA and BMO Nesbitt Burns Corp.  Georgi Landau has checked the Legal tracking database and didn't find anything there either.  Carrie has requested two transactions for this CP. [Shackleton, Sara]    This agreement is a repo agreement.

Can you please try to locate master agreements for these counterparties?  If you are not the person I need to speak to, can you please direct me to someone else?  I'd like to give Carrie an answer as soon as I can.

Thanks,
SBR x30569


Sounds good to me.  I don't see why the buyer would need the redacted
information, other than curiosity.

	Enron North America Corp.

	From:  Mitch Robinson                           12/06/2000 03:03 PM

To: Kay Mann/Corp/Enron@Enron
cc: Stuart Zisman/HOU/ECT@ECT

Subject: Procedure for Making Gleason and Wheatland Contracts Available

Presumably this will work?  Additionally, we should be able to apply this
same model to Brownsville, though they didn't mention it.

Thoughts?

MItch
---------------------- Forwarded by Mitch Robinson/Corp/Enron on 12/06/2000
03:02 PM ---------------------------

Saugstad Kathryn <Kathryn.Saugstad@swpc.siemens.com> on 12/06/2000 02:20:43 PM
To: "'Mitch.Robinson@enron.com'" <Mitch.Robinson@enron.com>
cc: DeKrey Lynn <Lynn.DeKrey@swpc.siemens.com>

Subject: Procedure for Making Gleason and Wheatland Contracts Available

Mitch:

This E-mail is a follow-up to our telephone discussion today. With regard to
providing copies of the Gleason and Wheatland contracts to Allegheny,
Siemens Westinghouse proposes the following:

1.  Siemens Westinghouse will prepare and forward to Enron electronically
our standard confidentiality agreement addressed to Allegheny.

2.  Once the confidentiality agreement has been executed, Siemens
Westinghouse will forward the PDP files (we believe that these agreements
are executed) to Enron.  We will redact the pricing information and the
liquidated damages provisions. If the agreements are not signed, we will
provide the signature pages under separate cover.

If this is not satisfactory, please let me know.

Kathryn Saugstad
Siemens Westinghouse Power Corporation
Project Contracts
Sr. Contract Analyst
407-736-2945


Susan,

The NG-PRICE-PRC book will now be calculated using two post ids.  Therefore,
we need an additional RisktRAC book id for the Price book so that we can
capture both post ids.  Please set up an NG-PRICE2-PRC book with the same
attributes as the NG-PRICE-PRC book.  The new books needs to be added to the
AGG-GAS, AGG-GASIII and AGG-GASIV portfolios.  In AGGIII and IV, please set
up a separate portfolio for the new book.  The new portfolio should be named
M_Maggi.

If you have any questions, give me a call.
Thanks,
Robin


FYI. In bizarre times, help can sometimes come from bizarre places.  Granted,
we're likely to disagree strongly with Hogan's continued obsession with
Poolco, but the discussion in his paper regarding market power may be
helpful---I've read the Joskow paper, but haven't yet had a chance to review
the Hogan piece.

Steve and I discussed the need to do a focused assessment of the Joskow/Kahn
"analysis"  (remember it's Ed Kahn, not Alfred Kahn).  Seems that it would be
very useful to fold into that analysis any useful stuff on market power
included in the paper done by Hogan & Co.  If, in the end, there ain't
nothing useful, so be it.  But seems like there's little downside to
exploring it.

Jim, my understanding is that Alan is already working with the fundamentals
folks on the Portland desk to deconstruct the Joskow paper.  Might want to
include the Hogan paper in those discussions and might also be useful to pull
Seabron Adamson into the thinking, too.  Ultimately, may be preferable to
have any assessment of Joskow and/or Hogan to come from economists, rather
than directly from us.

Best,
Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 11/30/2000 11:38 AM -----

	"Daniel Douglass" <Douglass@ArterHadden.com>
	11/30/2000 11:29 AM

		 To: <Barbara_Klemstine@apsc.com>, <dcazalet@apx.com>, <BillR@calpine.com>,
<jackp@calpine.com>, <glwaas@calpx.com>, <Ken_Czarnecki@calpx.com>,
<cabaker@duke-energy.com>, <gavaughn@duke-energy.com>,
<rjhickok@duke-energy.com>, <gtbl@dynegy.com>, <KEWH@dynegy.com>,
<jdasovic@enron.com>, <susan_j_mara@enron.com>, <curt.Hatton@gen.pge.com>,
<foothill@lmi.net>, <camiessn@newwestenergy.com>,
<jcgardin@newwestenergy.com>, <rsnichol@newwestenergy.com>,
<Nam.Nguyen@powersrc.com>, <rllamkin@seiworldwide.com>,
<Roger.Pelote@Williams.com>
		 cc:
		 Subject: From Today's Electricity Daily

Has FERC Gone Far Enough in California?
The Federal Energy Regulatory Commission isn't going far enough in its
attempt to reform the California wholesale electric market, according to a
paper by three prominent economists done for San Diego Gas and Electric. The
paper by John D. Chandley, Scott M. Harvey, and William W. Hogan argues that
FERC should first end the artificial separation that divides the California
Power Exchange and the California Independent System Operator, rather than
worrying about the governance of the two institutions.
"The change in governance may help," says the paper - "Electricity Market
Reform in California" - "but it is not likely to be decisive in the near
term. Explicit guidance from the commission regarding the nature and
trajectory of reforms will be essential if market reform is to be
accomplished within an acceptable time frame." Hogan, of the Kennedy School
of Government, has been writing since 1995 in opposition to California's
market separation.
Also, argues the paper, freeing the California utilities to engage in forward
contracting is no panacea. "The expectation that merely allowing utilities to
participate in forward contracting necessarily would be the solution to high
prices is problematic and not supported by the commission's staff report,"
says the analysis, adding that "putting pressure on buyers to sign contracts
in the present environment may make things worse." If the underlying problem
in California is high cost and low capacity, requiring forward contracting
could harm not only California but also the entire Western U.S. electric
system.
FERC's $150 so-called "soft cap" is a wild card that has the three economists
scratching their heads. "It does not appear in the staff report and there is
little critical analysis of their implications, other than the discussion of
Commissioner [Curt] Hebert." If the intent of the soft cap is to move toward
cost justification for bids above $150/MWh, then FERC is headed into an
administrative morass "that would rival those under wellhead price controls
in the natural gas industry."
If, on the other hand, the soft cap is "truly soft" and would only require
some paper work at FERC and the possibility of a refund if the price is
eventually deemed not just and reasonable, "there might be little impact on
consumer prices (particularly if the principal sources of those high prices
are high costs and regional capacity shortages rather than the exercise of
market power). Even so, the proposal might serve to deter entry and new
investments, thus combining the worst of both worlds, high consumer prices
and little or no new investment."
FERC's proposed order in California also demonstrates confusion about just
what constitutes market power. The paper cites the proposed order's lawyerly,
obfuscatory conclusion that "while this record does not support findings of
specific exercises of market power, and while we are not able to reach
definite conclusions about the actions of individual sellers, there is clear
evidence that in California market structure and rules provide the
opportunity for sellers to exercise market power when supply is tight and can
result in unjust and unreasonable rates under the [Federal Power Act]." The
economists note, "In this regard, the debate is confused because we are
dancing around the words where the truth may be hard to face."
In the case of California, say the economists, there is no evidence of market
power. Even the practice of generators avoiding the day-ahead market in favor
of the real-time market "is a response to bad market design and pricing
incentives (including price caps), but does not demonstrate the exercise of
market power." Nor is bidding above marginal cost necessarily an exercise of
market power, they add. "The distinction between direct marginal cost and
opportunity cost is sometimes lost in the discussion. Hence, a competitive
bidder whose direct cost of generation is $40 but who could sell the same
energy outside California for $100 should bid no less than $100. This would
not be an exercise of market power."


----- Forwarded by Mark Taylor/HOU/ECT on 05/18/2000 06:14 PM -----

	Ryan.Donovan@ubsw.com
	05/18/2000 05:57 PM

		 To: atiller@enron.com, chudyj@winstim.com, clint.freeland@enron.com,
darren.delage@enron.com, delaneyj@winstim.com, ecklandt@winstim.com,
gareth.bahlmann@enron.com, jason.sweet@ubsw.com, jeff.nogid@enron.com,
jennifer.gabrielson@ubsw.com, jim.hunt@ubsw.com, john.magovern@ubsw.com,
johnna.young@enron.com, kimberly.blue@ubsw.com,
kimberly.r.scardino@arthurandersen.com, kurzw@winstim.com,
lyndon.taylor@ubsw.com, mark.taylor@enron.com, michael.davidson@ubsw.com,
michael.hynes@ubsw.com, mshiang@bankofny.com, mspradling@velaw.com,
mukunah@winstim.com, paige.grumul@enron.com, rastin@velaw.com,
ryan.donovan@ubsw.com, ryan.siurek@enron.com, scott.giese@ubsw.com,
scott.whitney@ubsw.com, stewart.morel@ubsw.com, timothy.steele@ubsw.com,
tom.field@ubsw.com, tom.mcerlean@ubsw.com, william.sullivan@ubsw.com
		 cc:
		 Subject: Enron Working Group List

     Please find attached the Enron working group list.

     The initial distribution of the documentation will occur tomorrow

 - wgl.doc

This message contains confidential information and is intended only
for the individual named.  If you are not the named addressee you
should not disseminate, distribute or copy this e-mail.  Please
notify the sender immediately by e-mail if you have received this
e-mail by mistake and delete this e-mail from your system.

E-mail transmission cannot be guaranteed to be secure or error-free
as information could be intercepted, corrupted, lost, destroyed,
arrive late or incomplete, or contain viruses.  The sender therefore
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verification is required please request a hard-copy version.  This
message is provided for informational purposes and should not be
construed as a solicitation or offer to buy or sell any securities or
related financial instruments.


Mark, following on from my note a few minutes ago I refer to point 2(b) in
Janine's note below. Edmund.

---------------------- Forwarded by Edmund Cooper/LON/ECT on 07/14/99 03:56
PM ---------------------------

Janine Juggins
07/13/99 07:53 PM
To: David Port/LON/ECT@ECT
cc: Edmund Cooper/LON/ECT@ECT, Stephen H Douglas/HOU/ECT@ECT, Louise
Kitchen/LON/ECT@ECT
Subject: Business process language

1. On line payee tax representation issues

The final generic payee tax representation language is being sent through by
Slaughter & May (tonight) and will be incorporated into the Generic Financial
GTC.

As we discussed earlier the approach taken will require two additional fields
in our Financial Confirmations. Since we are continuing to prepare these
written Financial confirmations the normal back office procedures will apply
to their issuance, and thus this requirement should not have any direct
impact on the on line systems. It does however introduce a requirement to
make a change to the confirmation templates which needs to be in place ready
for the first on line transactions in September. I believe there are
different templates in use for the different Financial businesses.

I suggest that the two new fields required in the Financial Confirmations are
included under the section outlining the general terms of the swap.These will
take the form of:

Counterparty Payor Jurisdiction: <<Insert country of incorporation of the
Counterparty>>

Counterparty Payee Jurisdiction(s): 1. <<Insert country in which the trading
office through which the Counterparty transacts is located>>
          2. <<If different to 1, insert country in which the office through
which the Counterparty will make payment is located>>

Once new customers are established (and also for existing customer base -
would this be a good way of approaching dealing with the existing customer
base with the aim of eliminating Annex A which are different only because of
the tax reps ?) perhaps a good way of maintaining this data would be to set
it up on a spreadsheet [or the counterparty database ?] [direct link from the
New Customer Registration Form]. Thus the decision on which countries to
insert would only need to be made once on setting up a new counterparty. For
example the spreadsheet could look like this:

Counterparty Description   Counterparty Payor Jurisdiction  Counterparty
Payee Jurisdiction 1     Counterparty Payee Juris 2

Morgan Stanley Singapore Pte Ltd  Singapore    Singapore
Morgan Stanley London branch   US     UK
Morgan Stanley Paris branch   US     France

There will also need to be a clear statement on the Financial Confirmation
that it is the Counterparty's responsibility to notify Enron where the
Counterparty Payor or Payee Jurisdiction information is incorrect. This is
particularly important for the tax representations as Enron is using its
judgement to identify the relevant countries but this may not always be
correct (sometimes the place of management of the business is the relevant
factor and Enron is not in a position to know this). This actually is no
different to the situation we have today when it is Enron which determines
which variety of the Annex A gets sent out.

2. New Customer Registration Form

a) Please add an additional question under Legal Information required:

Country from which payment is to be made if different:
_____________________

b) The following has not yet been agreed by Steve Douglas but I wanted to
raise the subject to get comments on the issue of European counterparties
trading financials directly with US Enron entities.

Statement to be added under the heading of Tax Information Required (US new
customer registration form only):

 Please submit to [ECTRC] IRS Form W9 and IRS Form 1001, or IRS Form W8 and
IRS Form 4224 (as applicable), indicating the authority under which payments
to be made to you are not subject to US Federal Income Tax withholding.

Since this statement is not required for ECTRI European counterparties this
leads to a New Counterparty Registration Form for US counterparties and a
separate New Counterparty Registration Form for European counterparties - is
this an issue ?

Also is it the intention to give to European counterparties the ability to
trade financial products which would be contracted for by US Enron entities
eg Pulp Financials and Plastics etc - in this case, it would make commercial
sense to send the European counterparty the correct IRS Forms in order to
eliminate this as an obstacle to the registration process [I have also asked
Edmund to confirm whether we would want to avoid European counterparties
contracting financials directly with US Enron entities for European financial
regulatory reasons].

3. Business Process

You asked for some language to include in the Business Process to describe
this procedure. Here's my suggestion:

" Tax Representations
The responses to the 3 Legal Information Requirements set out on the New
Customer Registration Form [will link directly to the Counterparty Payor
Jurisdiction and the Counterparty Payee Jurisdiction fields on the relevant
Financial confirmation] or [should be entered into the counterparty database]
or [should be entered into the spreadsheet for maintaing tax representation
data]. The response to question 1 is the Counterparty Payor Jurisdiction, the
responses to questions 2 and 3 (if any) are the Counterparty Payee
Jurisdiction(s).

Tax Department should review the New Customer Registration forms periodically
[frequency ? daily ? weekly ? currently we do this every time a new
counterparty is set up, but we do not want to introduce unnecessary delays to
the registration process when there is a window of time to make an adjustment
to the database/other medium feeding into the confirms before the first trade
has been done] to identify obvious inconsistencies in the responses [the onus
is on the customer to identify errors, but we should probably act in good
faith in assisting to identify obvious errors]."

Sorry this is so long

Regards
Janine


Hi baby!  I did pick up your check today . I hope to see you guys tomorrow at
church. Give Natalie and Baby Alex a big hug and kiss for me.  I love you !
Byeeeee!   MOM.
---------------------- Forwarded by Judy Hernandez/HOU/ECT on 08/11/2000
05:28 PM ---------------------------

"Jennifer Cutaia" <jcutaia@tupac.com> on 08/11/2000 03:37:56 PM
To: Judy.Hernandez@enron.com
cc:
Subject: My check

Mom,
 Will you please pick up my check from Prostaff today and take it home with
you? If we head out there for church tomorrow I will get it from you. I got
your e-mail this morning, it was cute. Well I got to go so if you can please
e-mail me back so I'll know. I'll be checking my e-mails so please write back.

                                                        Love,
                                                        Jennifer

------------------------------------------------------------
Visit the Tupac Shakur website at http://www.tupac.com
Play "Who Wants To Be A Tupac Fan" and win big!
http://www.tupac.com/win.shtml


Pls apprise me of your status on the preparation of the bill of sale for the
above properties.  Short of a mineral search, we have concluded that we want
to reserve the mineral rights, if any, in our agreement with the buyer.

I have whatever exhibits you need available for this document.  We would like
to have it by June 1 to offer to our buyer.

Thanks, Dan.

Candy


Dan/Dax,

Do we need to have the physical addresses for these pops??????

Brian

	Jeff Dasovich@EES
	06/13/00 01:08 PM

		 To: Brian Spector@ECT, Dan Minter/Enron Communications@Enron Communications
		 cc:
		 Subject: A pop locations

Forgot to mention---please recall that all of the information we're being
provided is covered under an NDA that we and the ISO have signed.

Best,
Jeff
---------------------- Forwarded by Jeff Dasovich/SFO/EES on 06/13/2000 11:07
AM ---------------------------

"Windmiller, Michelle" <MWindmiller@caiso.com> on 06/13/2000 10:49:52 AM
To: "'jeff.dasovich@enron.com'" <jeff.dasovich@enron.com>
cc:
Subject: A pop locations

Jeff -

Here are the locations for the A and B Pops.

A Pops
San Jose
Santa Ana
San Diego (2)
San Francisco
Los Angeles
Sherman Oaks
Plus co-located in the four B Pops below

B Pops
Hayward
Sacramento
Rialto
Dominiguez Hills

 <<...>>
Michelle J. Windmiller
Telecommunications
(916)351-2160  (office)
(916)802-5423  (cell)
(916)351-2373  (fax)


---------------------- Forwarded by Carla Hoffman/PDX/ECT on 12/07/2000 09:33
AM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "Pergher, Gunther" <Gunther.Pergher@dowjones.com>
     12/07/2000 09:15 AM

To: undisclosed-recipients:;
cc:
Subject: DJ Locals Seen 'Yelling' At Nymex Board Members Touring Pits

16:38 GMT 7 December 2000 DJ Locals Seen 'Yelling' At Nymex Board Members
Touring Pits
HOUSTON (Dow Jones)--Locals were seen openly haranguing New York Mercantile
Exchange board and committee members in the pits at mid-morning Thursday
during a suspension of trading, traders in the pits told Dow Jones
Newswires.
"They're yelling at board members, they're freaking out," an oil and gas pit
trader said. "They're not happy - they're losing money."
The trader, who also trades in the natural gas pit, said pit participants
are concerned that ACCESS trading on low volume has run the price of natural
gas up so much.
But, he said, when the market reopens at 11:30 a.m. Thursday after an hour
of suspended trade, expect the market to fall "decidedly lower."
The market subsequently reopened at $8.35, down 13 cents.
Locals, he said, want the Nymex to set $1.50 up and down limits and stay
with them, he said.
The market has initiated inital price limits of $1, expanding to $2, but
that decision by the Nymex board late Tuesday still has to be approved by
the Commodity Futures Trading Commission. A Nymex spokeswoman expects that
decision to come soon.
ACCESS trading had pushed the market to $9.235 per million British thermal
units, up 75 cents from the $8.485/MMBtu settlement. The market then fell 75
cents back to the settlement price, and the Nymex suspended trading for an
hour.
"That is really crazy," a Midwest trader said.
The market shut trading at 10:30:06 a.m. EST Thursday (1530 GMT), according
to a Nymex spokeswoman. It will resume at 11:30 a.m.,. she said, with
75-cents down limits in effect.
On Enron Online, the January contract was trading at $8.35-$8.41/MMBtu, a
Houston trader said, oscillating between $8.47-$8.53 at 11:25 a.m. EST (1625
GMT).
Physical gas at the Henry Hub is trading around $8.21-$8.28, and swing swaps
for the rest of the month is at $8.70-$8.88, he said.
- By John Edmiston, Dow Jones Newswires; 713-547-9209;
john.edmiston@dowjones.com
(END) Dow Jones Newswires 07-12-00
1638GMT Copyright (c) 2000, Dow Jones & Company Inc

G_nther A. Pergher
Senior Analyst
Dow Jones & Company Inc.
Tel.  609.520.7067
Fax. 609.452.3531

The information transmitted is intended only for the person or entity to
which it is addressed and may contain confidential and/or privileged
material.  Any review, retransmission, dissemination or other use of, or
taking of any action in reliance upon, this information by persons or
entities other than the intended recipient is prohibited. If you received
this in error, please contact the sender and delete the material from any
computer.


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 02/24/2000
05:08 PM ---------------------------

RealPlayer News <news@real-net.net> on 02/20/2000 01:14:03 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Speed Up Your Internet Connection

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Names of third party companies or products listed herein are
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-----Original Message-----
From: 	CustomerNotices, WGPHOU [mailto:WGPHOU.CustomerNotices@Williams.com]
Sent:	Friday, February 01, 2002 10:20 AM
Subject:	Second Notice Transit on the Web Up Grade

February 1, 2002

To:  All Transcontinental Gas Pipe Line Customers, Shippers,
Producer-Suppliers and Other Interested Parties

SECOND NOTICE:  Please review the following notice that was
posted on January 9, 2002.

Transit on the Web is upgrading its mainframe operating system.
Customers, who have not done so already, will need to upgrade
their version of QWS3270 from 16-bit to 32-bit.  QWS3270 is the
tool used for Confirmation Ranking, ONE Contracting and Capacity
Release.

We are asking that all of our Transit customers upgrade to
the 32-bit version by February 7, 2002.  The Transit Home Page
contains a link with directions to determine your version (16-bit
or 32-bit). It also contains necessary information to upgrade if
needed.

If the upgrade is not completed by February 7, 2002, customers may
not be able to access Confirmation Ranking, ONE Contracting and
Capacity Release.

If you have any questions or if you are a customer using Windows
NT, please call the Transit Help line.

Margaret E. Kleiner
Manager
Transportation Scheduling


FROM BETH STIER

---------------------- Forwarded by Maureen McVicker/NA/Enron on 05/30/2001
09:01 AM ---------------------------

InnoComInc@aol.com on 05/30/2001 05:28:32 AM
To: Maureen.McVicker@enron.com
cc:

Subject: Fwd: Answer to Your Question

Hi Maureen,

I've tried to send an e-mail to Steve at S.Kean and Steve.Kean and both
e-mails were returned to me as undeliverable.  Will you please forward this
to Steve for me?

Thanks.

Beth Stier
713.446.4424
----- Message from InnoComInc@aol.com on Tue, 29 May 2001 16:00:14 EDT -----
To:	Steve.Kean@enron.com
Subject:	Answer to Your Question
Hi Steve,

Thanks again for meeting with me last week about ideas for saving money on
Enron's videos.

You asked me whether or not our new "Pro-Sumer" field production equipment
can download directly into e-mail.  The answer is yes and no.  The camera has
a feature that will enable us to play back still pictures into e-mail or file
storage.  We do not, however, have technology that will enable us to download
moving video straight from the camera into a computer.  As far as we know,
you still need to encode video for computer applications.  Now that we know
that's something you're interested in doing, we'll keep our eye on the
technology and let you know when it has been developed.

I talked with Mary about the ideas I presented to you, but have not yet
talked with Mark Palmer.  I'm planning to send him an e-mail this afternoon.

I forgot to mention one thing to you about the "creative piggybacking"
money-saving idea:  using a contractor to coordinate/piggyback video shoots
is exactly what Microsoft does.  When we interviewed Steve Ballmer in
January, we went to Microsoft's facilities and used Microsoft's crew.  Then
they invoiced us for a whopping $1800.00 (for fewer than 15 minutes of
shooting time).

Steve, I hope that as your thoughts progress about Enron's video needs,
you'll consider me to be part of the team.  I would like to help develop and
be a part of the solutions.

Beth Stier


Pretty nice.  I had never even heard of this vehicle.

DG

Greg Couch
12/12/2000 01:56 PM
To: Darron C Giron/HOU/ECT@ECT
cc:
Subject: Lay's car

Found this on a web site.

The Gelaendewagen or "G-wagen" is something of a Land Rover on steroids with
German engineering.
Think of a cross between an S500 sedan and the Hummer. At $135,000 a copy and
with only a handful being
imported into the US, those lucky enough to get their hands on a G-Wagen are
assured exclusivity and an
all-terrain vehicle that means business.


Please disregard previous notice 01-155. The correct expiration day for the
June 2001 Crude Oil options contract is Thursday, May 17, 2001. Notice 01-155
follows. We apologize for any inconvenience.

Notice No. 01-155
May 11, 2001

TO:
All NYMEX Division Members/Member Firms
All NYMEX Division Clearing Members
All NYMEX Division Floor Traders
All NYMEX Division Operations Managers

FROM:
George Henderson, Vice President

RE:
Options Expiration Operational Procedures for the Trading Floor and Clearing
Members
________________________________________________________________

The expiration date for the June 2001 options contract for Crude Oil (LOM1)
is Thursday, May 17, 2001.

GENERAL OPERATIONAL PROCEDURES

All Clearing Members and Qualified Floor Traders that carried an options
position as of the close of business day prior to the expiration day, or
engaged in trading activity on Expiration Day in the expiring options
contract will be required to have a knowledgeable, duly authorized
representative present at their normal work station promptly at 5:30 p.m.
until released by the Exchange staff as specified below.  All adjustments
and/or corrections, must be accompanied by relevant supporting documentation
prior to being incorporated into expiration processing, in essence making the
expiration processing an extension of the afternoon trade resolution
procedures.  All input to the NYMEX Clearing Department will conclude no
later than 30 minutes after floor representatives are released.

Exchange Clearing (299-2110), Floor Trade Correction (299-2068 and 299-2169)
personnel, as well as a representative of the Floor Committee will be
available to assist with the processing of notices of Exercise and
Abandonment, position transfers, trade corrections and other questions or
problems you may have.

CLEARING DEPARTMENT OPERATIONAL PROCEDURES

The Option Expiration process is a screen based process for which all
information is provided on the screens on C21 terminals. No Option Expiration
Reports will be provided. The following screens will assist you through the
Option Expiration process:

MEMBER TRADE INQUIRY
Contains real-time top day trade information, trade information for the
previous 4 business days and trades adjusted for the previous 4 business days
by adjustment date.

SINGLE POSITION MAINTENANCE
Contains a real-time snapshot for each option series from the start of day
position to the projected end of day position.

REVIEW ACCEPT REJECT TRANSFERS
Contains all trade and position transfers "TO" your firm and the status of
each transfer.

REVIEW SUBMITTED TRANSFERS
Contains all trade and position transfer "FROM" your firm and the status of
each transfer.

EXERCISE NOTICE SUBMISSION
Contains your available long position and an input field to enter the number
of long positions you wish to exercise.

DO NOT EXERCISE SUBMISSION
Contains your available long position and an input field to enter the number
of long positions you wish to abandon.

POSITION CHANGE SUBMISSION
PCS may be submitted either by manual input or by electronic transmission.
Any PCS input on a Clearing 21 terminal will be the input processed by the
system.  This input may be made at any time prior to 6:45 p.m.  Any PCS input
via transmission for that contract series will be disregarded.

ALL POSITIONS ARE DEEMED FINAL
Upon completion of all PCS input, all positions will be deemed final.

EXERCISE/ASSIGNMENT INFORMATION
Will be available to you on the Single Position Maintenance window by
contract series or the Assignment List window which contains all your
Assignments on one window. You will be notified of its availability by C21
E-Mail and by Fast Facts. This should occur within 1 hour of the last PCS
input.

All Clearing Members are required to have an authorized representative(s) at
their C21 workstations in preparation for any communication during the
expiration process.

FAST FACTS
Clearing Members should call the Fast Facts information service 301-4871,
access code 700 for event messages advising Members of the event status.

E-MAIL
Clearing Members should read their C21 E-Mail messages immediately to be
aware of event status.

The standard event Fast Facts and/or E-Mail messages and the sequence in
which they will be announced are:

Standard Event Message: Announce Out-of-the Money Exercise and In-the-Money
Do Not Exercise Submissions
Approximate Time of Message Availability: 5:45 PM
Usual Event Time: 5:45 PM
Announced via Fast Facts

Standard Event Message: Announce Final Input to C21 Cutoff Time
Approximate Time of Message Availability: 6:30 PM
Usual Event Time: 6:45 PM
Announced via e-mail

Standard Event Message: All positions are deemed final
Approximate Time of Message Availability: 7:30 PM
Usual Event Time: 6:45 PM
Announced via Fast Facts

Standard Event Message: Announce Exercise/Assignment Information Available on
the Single Position Maintenance Windows
Approximate Time of Message Availability: 8:25 PM
Usual Event Time: 8:30 PM
Announced via Fast Facts and e-mail

Standard Event Message: All Report Distribution is completed
Approximate Time of Message Availability: 11:00 PM
Usual Event Time: 11:00 PM
Announced via Fast Facts

The times appearing in the Usual Event Time column are based on normal
operational conditions and could vary.

NYMEX EXPIRATION DAY PROCESSING OVERVIEW OF MEMBER REQUIREMENTS

Time: 5:30 PM
Activity: Exercise Notice Submission
Event: Input to C21 Cutoff Time
Reference Number: 1

Time: 5:30 PM
Activity: Do Not Exercise Submission
Event: Input to C21 Cutoff Time
Reference Number: 2

Time: 5:45 PM
Activity: Announce Out-of-the-Money Exercise and In-the-Money Do Not Exercise
Submissions
Event: Fast Facts Notice
Reference Number: 3

Time: 6:30 PM
Activity: Announce Final Input to C21 Cutoff Time
Event: C21 E-mail
Reference Number: 4

Time: 6:45 PM
Activity: Final Input to C21 Cutoff Time
Reference Number: 5

Time: 7:30 PM
Activity: All Positions are Deemed Final
Event: Fast Facts Notice
Reference Number: 6

Time: 8:25 PM
Activity: Announce Exercise/Assignment Information Available on the Single
Position Maintenance Windows
Event: Fast Facts Notice and C21 E-mail
Reference Number: 7

If you have any questions concerning these procedures, please contact Charles
V. Bebel at 299-2130, Angel Rivera at 299-2150 or Anthony Di Benedetto at
299-2152 prior to the expiration date.

__________________________________________________
Please click on the link below to indicate you have received this
email.

"http://208.206.41.61/email/email_log.cfm?useremail=sara.shackleton@enron.com&
refdoc=(01-155)"

Note: If you click on the above line and nothing happens, please copy
the text between the quotes, open your internet browser,
paste it into the web site address and press Return.


CALENDAR ENTRY:	APPOINTMENT

Description:
	EB3125b - Monthly Power - May 2001 (w/Arthur Andersen)

Date:		6/22/2001
Time:		2:00 PM - 3:30 PM (Central Standard Time)

Chairperson:	Stacey W White

Detailed Description:


Anita,

Remind me to mobilize the group tomorrow for the occasion.

Vince


Hey team.

I just created deals 456630 (sale to New Power) and 456638 (buy from New
Power) at the pool.  This is to record the gas ENA is buying back from New
Power when there daily loads drop below the FOM numbers.  I'm using the
following FOM numbers

1st-6th  51,762
7th-26th  41,762  New Power sold back 10,000 dth day 7th-31st
27th-31st 31,762 New Power sold Aquilla 10,000 dth 27th-31st

Using these numbers, ENA is only buying back a total of 164,031dth through
the 25th.  Not as much as I thought.


fyi

 -----Original Message-----
From: 	Vickers, Frank
Sent:	Wednesday, January 30, 2002 4:00 PM
To:	Tycholiz, Barry; Neal, Scott; Shively, Hunter S.; Martin, Thomas A.; Bryan, Gary; Larubbio, Morris; Ward, Kim; Lagrasta, Fred; McCaffrey, Deirdre; Frihart, Bryant; Mims, Patrice L.
Subject:	FW: Firm Gas General Terms and Conditions

I am sure that I have accidentally left off someone that should receive a copy of this, if so please forward it.  Legal will be providing a "Contract 101" class at some point to discuss these documents as well as Masters, GISB's, etc.  Please review this material and provide me with any material comments that you may have.  I will aggregate any comments and coordinate with legal.

Frank
 -----Original Message-----
From: 	Cook, Mary
Sent:	Wednesday, January 30, 2002 2:37 PM
To:	'bryan.murtagh@ubsw.com'; Taylor, Mark E (Legal); St. Clair, Carol; Nemec, Gerald; Sager, Elizabeth; Hodge, Jeffrey T.; Davis, Angela; 'william.glass@ubsw.com'; 'lisa.feld@ubsw.com'; 'sanjeev.karkhanis@ubsw.com'; 'gary.riddell@ubsw.com'; 'jennifer.gabrielson@ubs.com'; 'david.maloy@ubsw.com'; 'jeff.stewart@ubsw.com'
Cc:	Haedicke, Mark E.; Gonzalez, Esmeralda; Bradford, William S.; Vickers, Frank; Calger, Christopher F.; Kitchen, Louise
Subject:	Firm Gas General Terms and Conditions

Attached are clean and redline versions of the current draft of firm gas general terms and conditions to be traded online and over the counter and with or without collateral.
Interruptible gas general terms and conditions will follow today.

Esmeralda, please set up the above group, including cc addresses as a contact group:  UBS Gas Forms

Cordially,
Mary Cook
Enron North America Corp.
1400 Smith, 38th Floor, Legal
Houston, Texas 77002-7361
(713) 345-7732
(713) 646-3393 (fax)
mary.cook@enron.com


Dear  Vincent Kaminski,

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----- Forwarded by Elizabeth Sager/HOU/ECT on 12/28/2000 10:57 AM -----

	"Patricia Keogh" <Patricia.Keogh@cwt.com>
	12/28/2000 10:48 AM

		 To: elizabeth.sager@enron.com, vsharp@enron.com
		 cc: "David Mitchell" <David.Mitchell@cwt.com>, "Rick Antonoff"
<Rick.Antonoff@cwt.com>
		 Subject: Revised Memo

From Rick Antonoff:

Following our telephone conversations on Sunday and Tuesday, please find
attached our revised preliminary draft memorandum addressing the bankruptcy
issues that we have been discussing, and incorporating the additional facts
raised during our telephone conferences this week.  Based on our
discussions and the revisions made to the draft Settlement Agreement this
week, our draft memorandum is now based upon the Avista transaction.

Attached are clean and redline versions of the revised draft.  The redline
is marked to show changes from the draft we circulated on December 22,
2000.

We look forward to receiving your thoughts and comments after you have an
opportunity to review the memorandum.

Regards.

(See attached file: #128814 vred - enron--memo.rtf)

(See attached file: #531492 v1 -  Revised Enron Memo.doc)
==============================================================================
NOTE:  The information in this email is confidential and may be legally
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& Taft for any loss or damage arising in any way from its use.

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 - #128814 vred - enron--memo.rtf
 - #531492 v1 -  Revised Enron Memo.doc


During the week of November 19th I will be on vacation, sunning in SW Kansas.   I will keep in touch through periodic review of voice mail and email.

I also can be reached by my cell phone or via pager (877) 701-9516.

May your time during this Thanksgiving holiday be truly that - a time for Thanksgiving and family fellowship.

Morris A. Brassfield
Enron Transportation Services
Senior Director
Operations Support Services
Three Allen Center 3285
333 Clay Street
Houston, Texas 77002

713-646-7006  Business Phone
713-503-1409  Cell Phone


We came across some deals on the not to be confirmed report that look like
they should be confirmed.  Can you check and see why these came up not to be
confirmed.  We thought we had fixed the system so that the daily deals in the
west would default to be confirmed so I need to know if this was a conscious
decision or something the comuter is defaulting to.  Am I making sense?  Call
me if you need to interpret this message!

#549826
#549903
#549903


I based Sep off the CNG index.

 -----Original Message-----
From: 	Germany, Chris
Sent:	Monday, October 08, 2001 3:01 PM
To:	Donlevy-Lee, Kelly; Laporte, Nicole
Cc:	Concannon, Ruth
Subject:	Boston Gas Differential for Sep 01

The Boston Differential for Sep 2001 is ($.1187).

 -----Original Message-----
From: 	Germany, Chris
Sent:	Wednesday, September 19, 2001 2:18 PM
To:	Donlevy-Lee, Kelly; Laporte, Nicole
Cc:	Concannon, Ruth; Mckay, Jonathan; Fletcher, Brenda H.; Singla, Kimat; Keiser, Kam
Subject:	RE: Boston Gas

The Boston Differential for August 2001 is ($.1166).  I want to understand the contract better before I give you the Sep price.

Ruth, you and I are chatting about this today I hope.

Kam, I'm guessing this becomes an O&A issue each month.  I don't know if you need to be involved or not.

 -----Original Message-----
From: 	Donlevy-Lee, Kelly
Sent:	Wednesday, September 19, 2001 10:32 AM
To:	Germany, Chris
Cc:	Laporte, Nicole
Subject:	FW: Boston Gas

Hi Chris,

I realize that you are getting bugged from a few of us in Canada for the Boston Differential numbers.  I am in Accounting and I am in desperate need of the Boston Differential for August and September so that I can finish my invoicing for the month.  I really have to have these numbers by the end of the day today (latest).  Sorry for being a pest, but I am starting to panic!  Please send these numbers to me or Nicole Laporte, as soon as possible.

Thanks,
Kelly

 -----Original Message-----
From: 	Wells, Michelle
Sent:	Monday, September 17, 2001 1:18 PM
To:	Vallejo, Stacey; Donlevy-Lee, Kelly
Subject:	FW: Boston Gas

 -----Original Message-----
From: 	Laporte, Nicole
Sent:	Monday, September 17, 2001 1:15 PM
To:	Germany, Chris
Cc:	Wells, Michelle
Subject:	RE: Boston Gas

Chris,
We just require August and September, we already have July.
Would it possible to get the differential number before Wednesday? Our Accounting group requires this number for invoicing and they are a few weeks late with their August invoice and require the differential immediately.
Please let me know,
Thanks,
Nicole

 -----Original Message-----
From: 	Germany, Chris
Sent:	Monday, September 17, 2001 12:51 PM
To:	Laporte, Nicole
Subject:	RE: Boston Gas

Sorry about the delay.  I'm starting to look at this again.  I know you need August and September.  Did you say you also need July?

I don't know if Canada makes any money off this deal but my book is taking a beating.  Ruth Concannon and I are meeting Wednesday to discuss this deal.  There are some other things going on with this deal that she is aware of.  I should have your prices by them.

Thanks

 -----Original Message-----
From: 	Laporte, Nicole
Sent:	Wednesday, September 12, 2001 11:57 AM
To:	Germany, Chris
Subject:	RE: Boston Gas

Chris,
Attached is a spreadsheet listing the differential since January 1998.
Please let me know as soon as you know something!
Thanks!
Nicole
 << File: BostonGasDifferential.xls >>

 -----Original Message-----
From: 	Germany, Chris
Sent:	Wednesday, September 12, 2001 10:47 AM
To:	Laporte, Nicole
Cc:	Singla, Kimat
Subject:	FW: Boston Gas

Nicole, would you send us the last price you were given please?

Thanks

 -----Original Message-----
From: 	Singla, Kimat
Sent:	Wednesday, September 12, 2001 10:35 AM
To:	Germany, Chris
Subject:	RE: Boston Gas

Chris, I remember there used to be one excel spreadsheet on Boston. But I can't find any on my CPU, perhaps it got lost when they upgraded my CPU. Do you have it? Let me know what we need to do. Thanks.

Kimat

 -----Original Message-----
From: 	Germany, Chris
Sent:	Monday, September 10, 2001 12:44 PM
To:	Laporte, Nicole; Singla, Kimat
Subject:	Boston Gas

Nicole, I have the Boston Gas confirmation letter.  Thanks.

Kimat, are you familiar with the Boston Gas worksheet Dick Jenkins would update to calculate the Tenn Z6 city gate price?  It wasn't very big, and Dick would have me verify the Iroquois and Tenn transport variable cost.


I thought it prudent to invest approx. US$1000 and register "EnronOnline" as
a trademark in Australia. My preference would be for Enron Australia Pty.
Ltd. to  register the trademark. But I note that the Enron logo is registered
in the name of Enron Corp. I assume this was done prior to the incorporation
of any Enron companies in Australia. Do you know of any practice (I couldn't
find a policy) to register trademarks in any particular Enron body corporate?


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 02/01/2000
11:23 AM ---------------------------

Shirley Crenshaw
02/01/2000 08:32 AM
To: Clayton Vernon/Corp/Enron@ENRON, Vince J Kaminski/HOU/ECT@ECT, Vasant
Shanbhogue/HOU/ECT@ECT
cc:
Subject: Re: mtg with Vince and Vasant Wednesday

The meeting is scheduled for Wednesday, Feb 2 at 10:00 AM in EB 19C2.
There is a projector in that conference room already.

Thanks!

Shirley

Clayton Vernon@ENRON
01/31/2000 03:05 PM
To: Shirley Crenshaw/HOU/ECT@ECT
cc:
Subject: mtg with Vince and Vasant Wednesday

Shirley-

Vince asked me to arrange a mtg Wednesday between himself, Vasant and I (for
30 minutes+). Can you coordinate this? (I already emailed Vasant and told him
about it). I would like an overhead projector for it, if possible. Thanks,

Clayton


FYI

 -----Original Message-----
From: 	infopost@duke-energy.com@ENRON [mailto:IMCEANOTES-infopost+40duke-energy+2Ecom+40ENRON@ENRON.com]
Sent:	Wednesday, May 23, 2001 3:35 PM
To:	infopost@duke-energy.com
Subject:	TE Pipeline Conditions

May 23, 2001

Texas Eastern Transmission (TE) is expecting mild temperatures this
weekend, along with decreases in demand that is inherent in a long
holiday weekend. As such, TE will have limited ability to absorb due-
shipper gas into the system.  Effective gas day Saturday, May 26, 2001,
TE is requesting that all shippers ensure that physical receipts do not
exceed physical deliveries. No due-pipeline makeup gas may be scheduled,
and OBA parties should ensure that physical takes match scheduled
nominations. Due-shipper makeup gas may be scheduled through your
Operations Account Manager.  These restrictions are expected to be in
effect through the holiday weekend.

Please contact your Operations Account Manager if you have any
questions.

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

NOTE:

Duke Energy Gas Transmission respects your online time and privacy.
You have received this email because you elected to subscribe. To
unsubscribe, login to the E-mail Notification Subscription page at
http://www.link.duke-energy.com/script2/Notification.asp
uncheck the appropriate checkbox, and click the Submit button.


Yes...you picked 06102...I will get your things from down stairs.  Looks like they are ready to move in the attorneys now.

Tjae

-----Original Message-----
From: Presto, Kevin M.
Sent: Tuesday, February 05, 2002 7:04 PM
To: Black, Tamara Jae
Subject: FW: Office Locations

Is this the office I selected?    Please confirm.

-----Original Message-----
From: Shepperd, Tammy R.
Sent: Tue 2/5/2002 6:12 PM
To: Rode, Tina; Black, Tamara Jae; Presto, Kevin M.; Shively, Hunter S.; Calger, Christopher F.; Rangel, Ina
Cc: Colwell, Wes; Duree, Janelle
Subject: Office Locations

Here are the office locations that Louise has assigned:

Calger  06105
Presto  06103
Shively 06102

T Jae, it was decided today that legal will move over here this weekend.  Can you please arrange for Kevin's things to be boxed up so legal can move in downstairs over the weekend.

Ina, if there are any of John Arnold's personal effects left on 5 can you please have them boxed up?

If we can hold off until next week to set the new offices up I'm sure that Darren and David would be very grateful!

Thanks for your help!
Tammy

 -----Original Message-----
From:   Rode, Tina
Sent:   Monday, February 04, 2002 4:33 PM
To:     Shepperd, Tammy R.
Subject:        Office for Chris Calger

Tammy,

Chris indicated on Friday that he has an office on this floor.  Please let me know the location so I can have his office set up at a later date.

Thanking you in advance.

Tina Rode
Assistant to Chris Calger
713-853-9582
Cell 713-419-6237


---------------------- Forwarded by Richard Shapiro/HOU/EES on 08/10/2000
01:56 PM ---------------------------

Jeff Dasovich on 08/10/2000 10:12:20 AM
To: Susan J Mara/SFO/EES@EES, Mona L Petrochko/SFO/EES@EES, Sandra
McCubbin/SFO/EES@EES, James D Steffes/HOU/EES@EES, Richard
Shapiro/HOU/EES@EES, Paul Kaufman@EES, Robert Badeer@ECT, Tim Belden@ECT,
Dave Parquet@ENRON_DEVELOPMENT, Mary Hain@ENRON_DEVELOPMENT, Joe
Hartsoe/Corp/Enron@Enron, Cynthia Sandherr/Corp/Enron@Enron, Dennis
Benevides/HOU/EES@EES, Roger Yang/SFO/EES@EES, Douglas Condon/SFO/EES@EES,
Sarah Novosel/Corp/Enron@Enron, Bruno Gaillard/SFO/EES@EES
cc:
Subject: Re: Governor's Press Conference -- Shot Across the Bow

There appears to be a pattern forming.  The administration seems to make a
scene just prior to large events (e.g., Davis' letters calling for wholesale
caps just prior to the ISO Board vote, and now this on the eve of the joint
Assembly/Senate hearing scheduled for today).

In other late-breaking news.  On the heels of this press conference, I
received late last evening from Loretta Lynch's chief of staff a copy of a
proposed decision Lynch will release today reversing last Thursday's decision
rejecting (0-5) retail price caps in San Diego.  The draft decision she
proposes would establish an "interim" retail rate cap only for SDG&E
residential and small commercial customers.  She proposes to use a "balancing
account" to finance the cap.  Though it looks like the "interim" cap would
extend through December 2003, there is one place in the decision that states
the cap should only extend through December 2000.

"Karen Edson" <kedson@ns.net> on 08/09/2000 06:58:13 PM
To: "Baker Carolyn (E-mail)" <cabaker@duke-energy.com>, "Bill Carlson
(E-mail)" <william_carlson@wastemanagement.com>, "Bill Woods (E-mail)"
<billw@calpine.com>, "Curt Hatton (E-mail)" <curt.hatton@gen.pge.com>,
"Curtis Kebler (E-mail)" <curtis_l_kebler@reliantenergy.com>, "David Keane
(E-mail)" <dnke@dynegy.com>, "David Parquet (E-mail)"
<dparque@ect.enron.com>, "Duane Nelsen (E-mail)" <duanenelsen@msn.com>, "Ed
Tomeo (E-mail)" <ed.tomeo@uaecorp.com>, "Edward Maddox (E-mail)"
<emaddox@seawestwindpower.com>, "Eileen Kock (E-mail)" <eileenk@calpine.com>,
"Ellery Bob (E-mail)" <bellery@spi-ind.com>, "Escalante Bob (E-mail)"
<riobravogm@aol.com>, "Frank DeRosa (E-mail)"
<fderosa@sanfrancisco.usgen.com>, "Greg Blue (E-mail)" <gtbl@dynegy.com>,
"Hap Boyd (E-mail)" <rboyd@enron.com>, "Jack Pigott (E-mail)"
<jackp@calpine.com>, "Jan Smunty-Jones (E-mail)" <smutny@iepa.com>, "Jim
Willey (E-mail)" <elliottsa@earthlink.net>, "Joe Greco (E-mail)"
<joe.greco@uaecorp.com>, "Joe Ronan (E-mail)" <joer@calpine.com>, "John Stout
(E-mail)" <john_h_stout@reliantenergy.com>, "Jonathan Weisgall (E-mail)"
<jweisgall@aol.com>, "Katie Kaplan (E-mail)" <kaplan@iepa.com>, "Kent Fickett
(E-mail)" <kfickett@usgen.com>, "Lynn Lednicky (E-mail)" <lale@dynegy.com>,
"Marty McFadden (E-mail)" <marty_mcfadden@ogden-energy.com>, "Paula Soos
(E-mail)" <paula_soos@ogden-energy.com>, "Robert Lamkin (E-mail)"
<rllamkin@seiworldwide.com>, "Roger Pelote (E-mail)"
<rpelote@energy.twc.com>, "Steve Ponder (E-mail)" <steve_ponder@fpl.com>,
"Steven Kelly (E-mail)" <steven@iepa.com>, "Sue Mara (E-mail)"
<smara@enron.com>, "Tony Wetzel (E-mail)" <twetzel@thermoecotek.com>, "Trond
Aschehoug (E-mail)" <taschehoug@thermoecotek.com>, "William Hall (E-mail)"
<wfhall2@duke-energy.com>, "Richard Hyde (E-mail)" <rwhyde@duke-energy.com>,
"Sandi McCubbin (E-mail)" <smccubbi@ees.enron.com>, "Stephanie Newell
(E-mail)" <stephanie-newell@reliantenergy.com>, "Glenn R. Etienne (E-mail)"
<gret@dynegy.com>, "Nick Wallace (E-mail)" <njwa@dynegy.com>
cc: "Ann Kelly (E-mail)" <kelly@hnks.com>, "Bev Hansen (E-mail)"
<bhansen@lhom.com>, "Bob Judd (E-mail)" <caltech@ns.net>, "Govenar Scott
(E-mail)" <sgovenar@govadv.com>, "Hedy Govenar (E-mail)"
<hgovenar@govadv.com>, "Levake Barbara (E-mail)" <blevake@syix.com>, "Monagan
Mike (E-mail)" <mrmonagan@aol.com>, "Rob Ross (E-mail)" <robbiz@cwo.com>,
"Ron Tom (E-mail)" <rtom@govadv.com>, "Rudman Cary (E-mail)"
<cjrudman@softcom.net>, "Susan McCabe (E-mail)" <sfmccabe@mindspring.com>
Subject: Governor's Press Conference -- Shot Across the Bow

Governor Davis held a press conference today at which he accused
"out-of-state generators" of price gouging and market manipulation.  He
called on FERC to expedite their investigation of the market and to provide
for consumer rebates if FERC cannot conclude that California prices are
"just and reasonable."

Below are my notes from the press conference.  Attached is the Governor's
press release.

Karen Edson

Notes from Gov. Davis, Press Conference:

Opening Statement
Record hot temperatures; lack of supply; price manipulation have created the
crisis.
Electricity is the life blood of the State's economy.
He (the Governor) has responded with several recent steps.
Among them is his request that the AG & FERC examine price manipulation

1st Point
He is calling on the CPUC to establish a price stability rate for consumers
and business.
His intent is to reduce rates to $55-$65/mo. for next year or two.  (This
point was unclear.  Did he mean rates, bills, or what?)
Customers need predictable, reliable, affordable rates

2nd Point
The Governor called on President Clinton and Chairman Hoecker to expedite an
investigation of the unconscionable rates being charged by out-of-state
generators to California utilities
The Governor wants FERC to make evidentiary findings that rates are just and
reasonable.  If FERC can,t make such findings, he wants them to require
consumer rebates.  (This portion of his comments is not reflected in the
attached press release.  It is taken right from the script of Senator Steve
Peace.)

3rd Point
Believes deregulation will work. Generators must be held responsible.  When
gouging and extorting; you must pay the price.

Karen Edson
kedson@ns.net
916/552-7070
 - A. GOVERNOR Press Release 8-10.doc


I wanted each of you to know that the sale to AIG Highstar just closed.  We are in receipt of the wire from AIG (approx $27 million) and are in the process of sending the wires back out (approx $1 million).  Feel free to call with any questions.

Regards,

Stuart


One of your friends sent this email through our website.
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the nymex has contacted us and we are discussing a possible relationship with
eNymex.  we will keep you informed about what is going on


Attached are the comments of the Public Generating Pool.
--
_________________________________
Lon L. Peters
Northwest Economic Research, Inc.
6765 S.W. Preslynn Drive
Portland, Oregon 97225-2668
503-203-1539 (voice)
503-203-1569 (fax)
503-709-5942 (mobile)
lpeters@pacifier.com

NOTICE:  This communication and its attachments, if any, may contain
sensitive, privileged, or other confidential information.  If you are
not the intended recipient or believe that you have received this
communication in error, please notify the sender of this
communication and delete the copy you received from all storage
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forward, disseminate, or otherwise use this communication or its
attachments, if any.  Thank you.


A redraft of Change Order #5 to the LM 6000 contract to provide for the
purchase of a GE transformer for the Pleasanton project is attached.

Please note that I have added some guaranty/LD provisions in Exhibit A, and
confirm whether these are appropriate in scope and amount.

We will attach the documents included here as separate files as Exhibits B
and C.  I understand that GE is to provide a more current copy of their
standard specifications for the transformer to be included in the Exhibits.

Kathleen:  Kay tells me that you are the keeper of change orders.
Congratulations!!  The discussion of current amount balances, etc. in the
attached are clearly wrong if we are up to CO#5--it was all based on this
being the third CO.  Can you please let me know what the right numbers should
be?

Thanks in advance for your input.  I understand there is some urgency with
getting this out.


I moved the meeting to VC1 for 9:30-10:30 - does that work?


Throughout this week, we have a team from UBS in Houston to introduce and discuss the NETCO business and associated HR matters.

In this regard, please make yourself available for a meeting tonight beginning at 6:00 pm at The Houstonian.  For those outside of Houston, video conferencing arrangements have been made.  In Portland, the meeting will be held in Mt Adams.  In Calgary, the meeting will be held in video room #1.

Time:		6:00 pm
Place:		The Houstonian
		111 N Post Oak Lane
		Houston, TX
		(713) 680-2626
Meeting Name:	"Lone Star"

Please keep this invitation confidential.

If you are unable to make this meeting, please advise Amy FitzPatrick (x52729) or Julie Clyatt (x33256).


----- Original Message -----
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To: <alove@houston.rr.com>
Sent: Friday, January 18, 2002 9:37 AM
Subject: PayPal Email Confirmation

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First things first...

Yes, I am still alive...Things with Wonder Boy suck (and for the time being I
think we should refrain from calling him Wonder Boy)...I'll be leaving for
Austin Friday night (1st football game of the season), but will be back
Sunday and definitely want to get together while you're in town.

Hope all is well with you and that you had a fantastic holiday weekend.  Mine
was incredible!!! I visited a friend of mine in San Diego and had the best
time just hanging out, shopping, hitting the beach and attending the symphony
(on the water no less).  It was definitely a good trip for my psyche as Ted
has been less than impressive going on almost two weeks now.  I'm certainly
not pleased about the situation, but at no point have I lost site of what a
catch I am (and if he's not bright enough to see or appreciate that fact then
I don't think he's bright enough for me).

Talk to you soon,
Susan

Wit makes its own welcome, and levels all distinctions. No dignity, no
learning, no force of character, can make any stand against good wit. -Ralph
Waldo Emerson (1803-1882)

From: Tobin Carlson@ENRON COMMUNICATIONS on 09/06/2000 12:21 PM PDT
To: Susan M Scott/HOU/ECT@ECT
cc:
Subject:

Hey there. Are you still alive? What is up? How are things with you and
Wonder Boy?
I think I will be in Houston Friday through Tuesday (maybe more days
depending on how matters turn around). Will you be around?
Drop a note when you get a chance.

TC


Please make note of new system access below.

Irena
---------------------- Forwarded by Irena D Hogan/HOU/ECT on 04/05/2000 01:23
PM ---------------------------

Information Risk Management
04/05/2000 10:51 AM
To: Irena D Hogan/HOU/ECT@ECT
cc:
Subject: Additional Information:  Application Request (IDHN-4J3RXK)

Additional Information for Security Resource Request  IDHN-4J3RXK has been
provided by one of the Resource Providers.

To view the request, double click your left mouse button on the Notes
document link below.


In order to help expedite the setup of your Public Folder,  please complete an eRequest.  If you have questions regarding public folders, please contact Debra Kelly at extension 3-4269.

1. Open up <http://itcapps.corp.enron.com/srrs/entry/srrs.asp> and choose Corp Logon and log in with your regular network credentials.
2. Click the triangle for Update Account Access.
3. Type the email address of the person who the request is for and click OK.
4. Click the Applications circle button.
5. In the text search box, type in "Outlook" and click Search.
6. Click the Add button next to Outlook.
7. Check the Public Folder check box and click Add to Request
8. Enter the required information and click Continue. The information we MUST have for each Public Folder request is:
?	Exact name of the Public Folder (if it is a person's name, it can be in the form of first and last name or first initial last name, like Joe User or JUser)
?	Exact location of the folder such as Global Functions/IT/Messaging/JUser [For users on the 38th floor the folder should be located under: All Public Folders; Corporate; Legal; ENA Legal.]
?	Who needs access to this folder (it can be limited just to one person or several people can have access)
9. Verify the request information and click Submit.


Tom, tks for the update. I'll get him some Unify training this week

Bob

 -----Original Message-----
From: 	Martin, Thomas A.
Sent:	Tuesday, January 15, 2002 4:15 PM
To:	Superty, Robert
Subject:	Dave Baumbach

Bob,

I talked to Chris about the change of plans.  I am sorry that it did not work out but Dave has more knowledge of the Texas grid and he runs our Waha physical trading activities.  He works well with Mike and he is willing to do whatever we need him to do.  He is spending the rest of the week to suck as much out of Daren as he can.  If there is any training for the logistics systems that he can go to, he should do that as well.  If you have any other recomendations to get him up to speed on the Logistics side I sure would appreciate it.

Tom


[IMAGE] Forums Discuss these points in the Forums:  Forexnews Forum       Technicals Live Charts Analysis available from: Cornelius Luca   J.P. Chorek   Technical Research Ltd.   Charts & News featuring Standard & Poor's        Interest Rates  US: Japan: Eurozone: UK: Switzerland:   1.75%  0.15%  3.25%  4.0%  1.25-2.25%        [IMAGE]   	 [IMAGE]  Japanese Forex Trading Preview  January 22, 7:00 PM: EUR/$..0.8881 $/JPY..133.68 GBP/$..1.4398 $/CHF..1.6592  Japanese Forex Trading Preview  by Darko Pavlovic  At 6:50:00 PM Japan Nov All industries index (exp -0.2%, prev -0.5%) Japan Nov all tertiary index (exp 0.5%, prev -0.4%)  USD/JPY is trading around 133.70, eased by nearly two-third yen from a fresh 3-year high of 134.47 due to profit taking on the dollar's sharp gains. Many analysts interpreted the US endorsed a weak yen after the Treasury Secretary O'Neill's comments overnight that markets should determine currency exchange rates. Nonetheless, O'Neill emphasized that manipulating FX rates would not solve Japan's economic difficulties. In addition, O'Neill reaffirmed that the US was committed to its "strong dollar" policy, although the US is only likely to support weakness in the yen in hand with the writing-off of bad loans, acceleration of structural reforms and market deregulation. O'Neill will have a chance to further expand his views on Japan's economy and forex levels after he meet with the BoJ Governor Hayami who is a vocal opponent of weak yen policy. US Treasury Secretary will give a press conference around 1 AM EST. PM Koizumi said that Japan's banks are not in need a new round of public fund injections at the moment, but the government is wary if it becomes necessary.  If, in the future, there is a risk that great harm will fall upon the financial system, we will take flexible measures," Koizumi said. Finance Minister Shiokawa said to his US counterpart that the Japanese government will urge the BoJ to provide more liquidity to the market as part of efforts to overcome deflation. During a 40-minute meeting with O'Neill, Shiokawa stressed the Japanese government's determination to bring deflation under control. According to BoJ branch managers for Osaka, Nagoya, Sapporo and Fukuoka corporate sentiment is worsening further and production continues to decline. Some branch managers warned of the growing divide among companies in areas such as corporate earnings. Japanese Nov all industries activity rose 0.4% from the previous month. The tertiary sector index rose 1.7% in November from the previous month. Support is seen at 133.60, backed by 133.0 and 132.60. Upside capped at 135.0 and 135.50  EUR/USD is trading around 88.80 as the EUR/JPY rose to a session high of 118.70 after more bad data from Japan confirmed the weakness in the second largest economy. The euro was upon the release of the largest rise in the US Index of Leading indicators in 6 years. In spite of the greenback's initial strong performance, the euro and Swiss franc had recovered by the end of US trading, while the pound and yen stemmed their losses as falling stocks weighed on the dollar. Also giving the single currency a boost was ECB Welteke's conviction that Eurozone inflation will fall below 2% in spring. However, Welteke foresaw a possible rise in January Eurozone prices, though the inflation downtrend is intact. In spite of his slight pessimism, many market players were cheered by the possibility that the European Central Bank will lower rates once inflation breaks below the bank's 2% target. Resistance is seen at 89.10-- the 50% Fibonacci retracement of the same move, and 89.55. Support is viewed at 88.10, 87.70 and 87.50-- the 31.8% Fibonacci retracement of the move from 82.25 to 95.96.   The major event of this week will be Fed Chairman Greenspan's testimony before the Senate Budget Committee on Thursday since markets are anxious to hear his remarks on the economy and any clues they might glean about the central bank's monetary policy. In particular, economists believe that Greenspan's testimony may also be supportive to the dollar following a report in the Washington post that according to Fed sources, Greenspan "sounded more pessimistic than intended about the prospects for U.S. economic recovery" in his January 11 speech. This was confirmed today by Dallas Fed President McTeer who said that Greenspan's speech on January 11 was not quite as negative as some thought. McTeer also pointed out that the US economy is looking much better than it was 2 months ago. According to the sources, the Fed Chairman is likely to comment more positively about the current state of the US economy on Thursday, and therefore markets are now pricing in less than a 30% chance of a rate cut at the Jan 30 meeting, leaving the majority to believe rates will be held steady at a 40-year low of 1.75%.  This week's key US indicators include jobless claims and existing home sales. Fed Chairman Greenspan's testimony before the Senate Budget Committee will be the major event of the week, with markets cautious to hear his remarks on the economy. From the Eurozone, major data due for release consist of Euroarea labor costs, German CPI, Italy's ISAE consumer confidence survey, ECB monthly bulletin, German PPI, Italian CPI, Italy's ISAE industrial confidence survey, Italian retail sales and Spanish PPI. Economic highlights from Japan comprise the trade balance, index of tertiary sector activity, corporate service prices and consumer prices.     	[IMAGE] Audio Mkt. Analysis Dollar Retreats on O'Neill's Balanced Words        Articles & Ideas  NAM & the Strong Dollar: Phase II   Philly Fed-Supported Optimism       Articles & Ideas Forex Glossary   Economic Indicators   Forex Guides   Link Library      [IMAGE]
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Michelle;
I just wanted you to know that the transaction that I worked on with Joyce was a purchase of chips from Smith @ associates.  I believe you have the documentation on this.

Carol St. Clair
EB 4539
713-853-3989 (phone)
713-646-8537 (fax)
281-382-1943 (cell phone)
8774545506 (pager)
281-890-8862 (home fax)
carol.st.clair@enron.com

 -----Original Message-----
From: 	Sweet, Twanda   On Behalf Of Cash, Michelle
Sent:	Friday, October  19, 2001 2:38 PM
To:	Schuler, Lance (Legal); St. Clair, Carol
Subject:	Letter to Matthew Hartzell
Sensitivity:	Confidential

Attached is a draft of the letter to Matthew Hartzell, Smith & Associates.  Please review and provide me with any comments that you may have.

 << File: 5719mhc.doc >>


Swerzbin just entered the deal -
sells to Duke
January
Mid-C
$118
On Peak
Deal #458748

I changed Deal #457993 to Pinnacle West Corp. and reminded Diana AGAIN of the
name change.

Thanks,
Kate

Evelyn Metoyer@ENRON
11/14/2000 02:30 PM
To: Carla Hoffman/PDX/ECT@ECT, Kate Symes/PDX/ECT@ECT
cc:

Subject: 11-14-00 Checkout

Diana Scholtes
Deal 457993
error: please ch name to Pinnacle West Corp not Arizona Public Service

Mike Swerzbin
error:  I am missing the following deal per Prebon:
Enron sells to Duke January Mid-C at $118.00 peak hrs.


Please respond to Here is your next lesson. . . have fun!!

 - Experiencing God Week 5.doc