How Texas firm outfoxed state, PG&E

Kevin Fagan, Bernadette Tansey, Chronicle Staff Writers
		?
		Sunday, May 13, 2001

		El Paso Energy was facing ruin.
		It was the mid-'90s, and California's energy overseers were sure deregulation
was going to drive the cost of natural gas through the floor. So Pacific Gas
and Electric Co., with the happy acquiescence of the state, dumped a huge,
long-term gas contract with El Paso.
		For the state, the decision was a no-brainer: PG&E was buying more space on
gas pipelines than it needed.
		For El Paso, though, it was a disaster. The company started handing out pink
slips like they were candy.
		But in the long run, it wasn't El Paso that would end up on its knees. It
would be PG&E and the state of California.
		That pipeline space that the utility and regulators saw as unnecessary would
soon become precious -- and El Paso, led by a law-sharp chairman with
bare-knuckle smarts, would turn itself into the biggest natural gas firm in
the world.
		So big, in fact, that in the eyes of vengeance-minded lawmakers and
regulators, El Paso has become a poster monster for how Californians came to
be plagued by rolling blackouts and sky-high energy bills.
		"They didn't mind seeing all of us at El Paso being dealt a terrible blow
back then," said Randy Wu, an El Paso manager then. "And now . . . well,
let's just say they should have planned better." -- -- --
		It's not like El Paso was some new kid on the block.
		The company was founded in Texas in 1928 and stayed a local concern until
1947, when it laid out 700 miles of pipeline to deliver gas to California.
		It grew steadily from there until 1964, when the U.S. Supreme Court decided
El Paso was getting too big and ordered it to divest its pipeline holdings in
the Northwest. That set off a long tumble that William Wise, who had started
at the company as a general counsel in 1970, set out to reverse when he took
over as president in 1989.
		Wise, a 56-year-old whose lean build reflects both his passion for running
and his reputation for driving himself hard, is a rare bird in the world of
oil.
		The University of Colorado law school graduate has mastered both the legal
side of his "litigious" industry, as he once called it, and its hardball
economic strategies -- skills he honed by surfing the bust-boom cycles of his
business at its epicenter, Texas.
		Those skills came in handy when El Paso got the hammer blow from PG&E in 1996
and 1997.
		PG&E had been buying extra space on pipelines crossing into the state at the
Arizona ghost town of Topock -- enough to import a whopping 1.1 billion cubic
feet of natural gas a day.
		The trouble for El Paso was that when PG&E dropped the contract for the
pipeline space, $170 million of the company's annual revenue was erased.
		"It seemed like everyone thought the company was toast," said Wu, the former
El Paso manager. "Of course, California didn't care at all."
		But Patrick Power, the attorney hired by El Paso to plead the pipeline
company's case before the state Public Utilities Commission back in 1996,
could see trouble looming for the state.
		If PG&E and other utilities didn't keep the pipeline capacity to meet future
needs, he warned, they would probably regret it later. His words fell on deaf
ears.
		"The mentality at the PUC, PG&E and Southern California Gas was, 'This will
be El Paso's problem,' " Power said. -- -- --
		Wise reacted to the loss of the PG&E contract by taking no salary himself for
a year and freezing his executives' pay, Wu said. While laying off more than
one-third of the company's workers, he and his staff negotiated a hefty
settlement from PG&E and other companies in exchange for their having dropped
the pipeline space.
		Then Wise set off on a plan to absorb other pipeline companies so he could
expand his system of delivering natural gas throughout the United States.
		"Bill Wise knew California had turned its back on the company, so he had to
get creative," Wu said of Wise, who has declined interview requests from The
Chronicle.
		"Attorneys generally don't have a lot of common sense in my mind, but Bill -
- he's got extra," said former El Paso Mayor Larry Francis. "He cuts his
losses in a hurry, and he recognizes when he has to move on. And so he
moved."
		Within a few years, Wise stretched the now Houston-based company to full
"wellhead to wire" operations, running everything from natural gas drilling
to electric generation plants. Before El Paso embarked on this expansion,
California constituted fully two-thirds of El Paso's natural gas sales --
much of that to PG&E.
		The strategy was that if the state was going to ditch El Paso, El Paso would
make sure its reach became so extended in other directions that it would
never be dependent on one market again.
		Wise's company scooped up interests in 40 electric power plants in 11 states
by April 2000. Along the way, it spent billions acquiring enough pipeline
companies to spread the El Paso reach along 58,000 miles of pipe nationwide,
from Bakersfield to Boston.
		"The company was a very traditional gas company until then," said Fred
Pickel, a Los Angeles energy consultant who has observed El Paso since the
1970s. "Wise, though, understands the street-level complexities of the
business, and what he had the company do was partly smart and partly logic.
		"He was just able to see the possibilities that nobody here in California was
able to see."
		But some believe that what El Paso did to take advantage of those
possibilities took unfair advantage of California.
		In his cluttered downtown San Francisco office at the PUC, staff attorney
Harvey Morris thought he "smelled a rat" as long as three years ago.
		Morris, a natty 47-year-old graduate of Boalt Hall School of Law, takes on
the look of a determined terrier when he outlines his suspicions about El
Paso -- and he's been carrying that look a long time now.
		After losing PG&E, El Paso leased the utility's entire block of pipeline
capacity to another Texas gas and electricity giant, Dynegy. Gas experts were
stunned that one firm would bid for all that space -- but they, and Morris,
were even more surprised by what followed.
		Dynegy didn't behave the way PG&E and California officials had expected
energy companies to behave in the era of deregulation.
		Like PG&E, Dynegy didn't need all that pipeline space to serve its own
customers. But unlike what PG&E did when confronted with all that extra
space, Dynegy didn't resell it at a huge discount. In fact, Dynegy didn't
sell any of the space. Instead, it raised the price so high that seemingly
nobody wanted to buy it.
		Competing gas marketers were alarmed. They suspected that Dynegy was
collaborating with El Paso to constrict the supply of gas flowing into
California so prices would rise. Great for anyone with space reserved on the
pipeline -- but disastrous for those left out in the cold.
		In 1998, having convinced his bosses at the PUC that what El Paso was doing
on the Dynegy contract was anticompetitive, Morris filed the first of many
complaints with the Federal Energy Regulatory Commission. He's still pursuing
them.
		As it turned out, spot prices didn't rise while Dynegy held the contract; gas
shippers could still find space on other pipelines for less money. Dynegy let
the contract lapse in late 1999.
		Not long afterward, the pipeline contract wound up with El Paso's market
affiliate, El Paso Merchant Energy. And that's when things started to get
really serious, Morris says.
		El Paso's own marketing arm now controlled more pipeline space heading into
Southern California than any other trader by far -- just as the demand for
gas was about to soar.
		In his many filings, in which the PUC has been joined by Southern California
Edison and others, Morris contends that El Paso Merchant Energy prevented
pipeline space from being used.
		"They basically kept so much of the capacity to themselves, the prices went
through the roof," he said. "It was the same as closing off part of the
pipeline."
		El Paso officials, for their part, say market rates started soaring in 2000
simply because the demand for gas overwhelmed supply. They say they never
charged more than what industry rules allowed, and that attempts to prove
otherwise are preposterous.
		And thus far, except for a mild rebuke here and there on technicalities, the
free-market-minded Federal Energy Regulatory Commission has not concluded the
company did anything wrong -- though a commission hearing is set for tomorrow
on the latest allegations filed by PG&E, Edison and the PUC.
		Edison estimates that El Paso's "manipulation" at Topock jacked up rates all
over the industry so badly that state gas buyers had to pay $3.8 billion more
than they should have just in the past year.
		Whatever the reason, the bottom line is that gas prices in California have
been anywhere from two to 10 times as expensive as on the other side of the
border in Arizona, and in almost every other state.
		Once prices started to rise at Topock, gas marketers throughout California
followed suit -- and the ripple spread quickly.
		Gas prices for consumers started going up. The rise also propelled
electricity costs skyward, because three out of every five electricity plants
in California run on natural gas.
		The firms that own those plants then jacked up electricity prices to the
utilities, like PG&E, which had shed many of their own plants as part of
deregulation.
		The problem for PG&E and other utilities is that they couldn't pass those
higher electricity costs on to their customers, because electricity rates
were still regulated.
		So the red ink started to gush, in the hundreds of millions of dollars. And,
		with gas prices still higher here than anywhere else, it is still gushing.
		But not for El Paso. -- -- --
		El Paso Energy rose from its financial emergency in 1996 to become not just a
survivor, but a $50 billion behemoth involved in virtually every aspect of
the energy industry in California and much of the rest of the United States.
		The company, renamed El Paso Corp. this February, is now practically printing
money. The company's revenue shot from $1 billion in 1995 to $22 billion last
year; its profit last year alone was $652 million, its highest ever. Wise's
compensation package reportedly totaled $20 million.
		And it's not just with gas that El Paso is making its money. Among its
holdings are 19 small power plants serving PG&E and Southern California
Edison.
		Under El Paso's contracts, the price of that electricity automatically rises
when the price of gas rises. That's true even at the power plants that don't
use any natural gas.
		All told, in just a bit more than one year alone, consultants for Edison say
El Paso earned an extra $85 million thanks to electricity produced by those
plants.
		And all this is blossoming for El Paso while PG&E wallows in bankruptcy
court, billions of dollars in debt with no relief in sight.
		The one cloud on El Paso's horizon: A host of California legislators,
industry experts and state regulators suspect that El Paso's sunny profit
picture owes a lot to what happened with that huge block of space on El
Paso's natural gas pipeline that PG&E had been so happy to surrender.
		The hearing before federal regulators is looming tomorrow, and just last
month the state Assembly Subcommittee on Energy Oversight dragged three top
El Paso executives -- but not Wise -- to Sacramento to testify on the matter.
		It was the first time the company has ever felt such heat in this state. And
though the executives grimly waved off reporters' questions as they strode
from the room, company spokeswoman Norma Dunn stayed behind to insist that
the accusations will blow over, "because there's nothing to them.
		"The thing to remember is that we have been in this state for more than 50
years, and we want to continue being here," Dunn said. "We take this matter
very seriously. . . . We want to be cooperative."
		Accusations that El Paso caused price spikes by maneuvering to hold pipeline
space hostage amount to "nothing but conspiracy theories," she said.
		The Assembly panel, however, concluded that both El Paso and Dynegy had
manipulated the market at an enormous cost to California consumers.
		"The numbers tell the truth," the subcommittee said in a report obtained by
The Chronicle. "The exorbitant prices cannot be defined away by regulators
and bureaucrats, or explained away by corporate lawyers' wordplay." The
report was produced by three Assembly Democrats and two Republicans.
		Wise, when he addresses the accusations, says he is mystified why state
lawmakers are mad. He points to company plans to expand pipelines heading
here and to even build a power plant at San Francisco International Airport.
		When it comes to California, "El Paso has always tried to be a part of the
solution, not the problem," he told a gas industry newsletter in December.
		State lawmakers' attempts to pry extensive hard numbers from El Paso have
been met with resistance from the company, which calls them proprietary
information. And judging by Morris' experience, chasing El Paso to the ground
may take the Legislature quite a while, if that's what it decides it wants to
do.
		Morris found that as he filed complaint after complaint against the company,
the Federal Energy Regulatory Commission would either rule against the PUC or
put the filings off so long that they were moot when they came up.
		The Assembly subcommittee's report was scathing in regard to the commission,
		saying its approval of El Paso pipeline contracts "raises serious questions
about whether it met its statutory duty under the federal Natural Gas Act to
protect consumers from unjust and unreasonable rates."
		The commission did not send anyone to the Assembly hearings and has refused
to comment on its rulings.
		By the time the El Paso Merchant Energy contract expires May 31, opening the
crucial block of pipeline capacity to what critics say is true competition
for the first time in more than three years, it will be far too late, Morris
said.
		"The damage was done long ago," Morris said. The state and its utilities are
on the hook for billions in debt, money for last winter's bills has already
left consumers' pockets -- and regulators fear prices are unlikely to come
down soon.
		"The market got set, and now we're in trouble," Morris said. -- -- --
		PG&E, for its part, sees the whole mess through the eyes of a victim.
		The utility had paid $560 million to hold its excess El Paso capacity from
1993 to 1997, and the PUC had forbidden the company to recover $167 million
of that through customer rates. And in 1996, the PUC and ratepayers were
clamoring for lower power bills, and there was a huge amount of pipeline
space in the state that wasn't being used.
		So when you're trying to cut costs, what better to cut than something you
don't need? said Dan Thomas, PG&E's director of gas transmission.
		"I still think it was the right decision to relinquish the capacity," he
said.
		Still, there's no denying the numbers. At latest count, PG&E owed El Paso
more than $150 million for gas and electricity.
		As Morris sees it, El Paso is "this big, 800-pound gorilla at the border and
can limit supplies as they wish. It's outrageous, and there wasn't a thing
anybody could do to stop them."
		El Paso officials, of course, put it differently.
		"All we did was good business, smart business, and people keep dishing dirt
about us, but we just don't see ourselves in it," company spokesman Mel Scott
said.
		"It's pretty obvious to the analysts and to us that California set up this
faulty deregulation system, and if (PG&E and Southern California utilities)
had been in their right minds and signed up for long-term natural gas
contracts back in 1996 and 1997, they wouldn't be in this trouble."
		Nobody official at El Paso is publicly gloating, but pleasure over the turn
of events is never far from the surface. Those who can speak more freely
don't mind putting the boot in a bit.
		"Everything bad that's happening right now (in the pipeline fight) could have
been prevented if PG&E just hadn't gotten rid of that contract back then, "
Wu said. "But I have yet to hear anyone in this state say that.
		"In fact, I have yet to hear anyone even at PG&E say that, and that's sad."
		What it all comes down to is this: El Paso figured out how to play
California's energy game better than California.
		"Those laws your boys passed there in California -- well, they just left you
wide open to anyone who wanted to make an enormous profit," said Tom "Smitty"
Smith, director of the Austin headquarters of Public Citizen, a consumer
rights group.
		"You can't fault the horse for eating hay when you lead it to the barn and
put the bale right in front of its face, now can you?"
California's 'energy island'
		There are just four points at the border where natural gas comes into
energy-starved California. The main one, owned by El Paso, is at the Colorado
River. The pipelines originate in the Southwest. They wind 1,000 miles
through several states to pop up right where Route 66 used to cut over the
Colorado River on its famous arched steel bridge. Today two of El Paso's
pipelines are all that use the old bridge.

Kenneth Shulklapper
Media Risk Management
Enron Media Services
(713) 853-7009 (phone)
(713) 646-8436 (fax)


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Charles Schwab & Co., Inc.
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Morning Market View(TM)
for Monday, November 19, 2001
as of 9:30AM EST
Information provided by Schwab Center for Investment Research

MARKETS TO START WEEK ON A POSITIVE NOTE

Equities were poised to continue the uptrend from overseas at
the open on mostly upbeat homebuilding data. October housing
starts reflected a softening but still robust market for new
home building, while the more forward-looking building permits
pointed to a potentially deteriorating situation. In equities
news, home-improvement retailer Lowe's Companies (LOW,40) posted
strong 3Q results and gave optimistic guidance, while oil giants
Phillips Petroleum (P,52,f2) and Conono Inc. (COC,24,f2)
announced a strategic merger.

Phillips Petroleum has agreed to purchase rival Conoco Inc. for
$15.4 billion, creating the third-largest U.S. oil company in a
move to enhance competitive positioning. Conoco shareholders
will receive 0.4677 shares of the combined company,
ConocoPhillips, for each of their original shares, valuing the
shares at $24.30, roughly equal to Friday's closing price.
Additionally, Phillips' CEO said the company will eliminate jobs
following the merger in an effort to reign in costs and cut
duplicate positions. The companies hope to close the deal by the
second half of 2002.

Lowe's Companies posted a 24% rise in fiscal 3Q net income to
$0.32 per share, $0.01 ahead of the First Call $0.31 per share
consensus forecast. Sales rose 21% to $5.45 billion, with
same-store sales rising 4%. The company's CEO noted strength in
all product categories across every geographic region and said
that consumer traffic accelerated during the quarter. Lowe's
expects fiscal 2002 profits of $1.24-$1.25 per share, ahead of
the Street's $1.23 mean estimate.

Shares of Andrx Group (ADRX,63,f1) were higher in premarket
activity after the generic drug maker reported Friday that the
FDA had granted it permission to market a generic form of
AstraZeneca PLC's (AZN,46,f2) Prilosec ulcer medication, which
generated more than $6 billion in global sales last year.
Although AstraZeneca's primary U.S. patent on the drug expired
on Oct. 5, the London-based pharmaceutical manufacturer claims
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TREASURY AND ECONOMIC SUMMARY

Treasuries rose following the release of this morning's housing
starts data. Total starts for October fell 1.3% to a 1.552
million annual rate from September's revised 1.572 million pace.
Analysts were expecting a 4.7% decline to an annual rate of
1.500 million starts. The weakness was most noticeable in the
West. Despite the unexpected resiliency in the housing market,
buoyed by historically low interest rates, the more
forward-looking building permits fell 3.6% in October on the
heels of a revised 2.7% decline the prior month. Permits were
previously reported as having dropped 3.0% in September.

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WORLD MARKETS

Despite a Bundesbank report that German economic growth was
sequentially flat in 3Q and may be weaker in 4Q, European
bourses climbed higher on renewed optimism that lower interest
rates and falling crude prices will eventually stimulate
economic growth in 2002. The Bloomberg 500 index was up 1.3% as
of 8:56 a.m. EST, led by computer-related and telecom stocks.
The euro was lower against the dollar after hawkish European
Central Bank officials commented that current euro-zone interest
rates are appropriate.

Asian markets were also higher, with Japan's Nikkei-225 index
closing up 0.74%, in spite of the Bank of Japan's dour
assessment of the economy, including concerns about the effects
of declining exports and output on consumer sentiment and
spending. The yen was lower against the dollar following the
Bank of Japan's economic downgrade. Nevertheless, enthusiasm
about an improving outlook in the U.S., as well as a softer yen,
carried export stocks, including Toyota (TM,50,f2) and Sony
Corp. (SNE,46) higher. Crude oil trailed lower again amid fresh
concerns that Russia will offer nothing more in the way of
concessions than a meager, symbolic production cut.

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

FUTURES WATCH

In the December Globex futures contract as of 8:56 a.m. EST, the
S&P 500 index was 7 points higher while the Nasdaq 100 index was
up 19 points. The December DJIA futures contract was up 55
points (58 points above fair value) and the December crude oil
futures traded on the NYMEX were down $0.79 at $17.24/barrel.

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----- Forwarded by Tana Jones/HOU/ECT on 04/09/2001 03:09 PM -----

	Aparna Rajaram/ENRON@enronXgate
	04/09/2001 02:59 PM

		 To: Kelly Lombardi/NA/Enron@Enron, Samuel Schott/HOU/ECT@ECT, Bernice
Rodriguez/HOU/ECT@ECT, Bill D Hare/HOU/ECT@ect, Steve Venturatos/HOU/ECT@ECT,
Camille Gerard/Corp/Enron@ENRON, Samuel Schott/HOU/ECT@ECT, Tanya
Rohauer/ENRON@enronXgate, Tom Moran/ENRON@enronXgate, Tana Jones/HOU/ECT@ECT,
Frank L Davis/HOU/ECT@ECT, Ken Curry/ENRON@enronXgate, Nicole
Hunter/NA/Enron@Enron, Lesli Campbell/ENRON@enronXgate
		 cc:
		 Subject: Click Paper Approvals, 04-09-01

Please see attached. Thanks.

Aparna Rajaram
Ph: (713) 345-4563
Fax: (713) 853-9476
Aparna.Rajaram@enron.com


Content-Transfer-Encoding: binary
Date: Fri, 17 Nov 2000 13:59:09 -0500
From: "FRANK  WU" <FWU@LLGM.COM>
To: "ANDREW KEITH DAW" <AKDAW@LLGM.COM>, "ELIZABETH TRUJILLO"
<ETRUJILL@LLGM.COM>, "GEORGE T. LEE" <GTLEE@LLGM.COM>, "KAREN MADDREY"
<KMADDREY@LLGM.COM>, "RICHARD WAYNE JONES" <RWJONES@LLGM.COM>, "SOCORRO
HERNANDEZ" <SUHERNAN@LLGM.COM>, "TRUONG MANH NGUYEN" <TNGUYEN@LLGM.COM>
Subject: Moses
Mime-Version: 1.0
Content-Type: image/jpeg
Content-Disposition: attachment; filename="MOSES.JPG"

 - MOSES.JPG


Dear Dr. Kaminsky:

I want to thank you for interviewing me last Friday and inviting me back for
a follow-up interview. It was a pleasure to meet you and other members of
your staff.

My interest in working for Enron Research was strengthened as a result of the
interview. I was most impressed by the quality and diversity of talents
within your group. My proficiency in probabilistic analysis and experience in
engineering and financial risk management fit nicely with the activities of
your group. I have a demonstrated ability to adapt my skills with changing
business needs. As a member of Shell Research, I supported internal clients
from different business units. I am confident that I could make a significant
contribution to your organization over time.

I want to reiterate my strong interest in working with you and your staff.
You provide the kind of opportunity I seek. I look forward to seeing you
again on my follow-up interview next week. Again, thank you for the interview
and your consideration.

Sincerely,

Rabi S. De

?

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Yahoo! Mail - Free email you can access from anywhere!


FYI only!

>  -----Original Message-----
> From:  Lubowski, Andrzej
> Sent: Tuesday, August 08, 2000 12:42 PM
> To: Allen, Paul; Dahir, Victor; Gustafson, Pete; Isaacson, Bond; McEwen,
> Tony; Onoda, John; Pascarella, Carl; Saeger, Rebecca; Thompson,
> Scott(VISAUSA); Vessey, Paul
> Subject: Citi, Wells, Enron, S1 and i2 form a B2B venture
>
> Yesterday,  Citigroup, Wells, Enron, i2 and S1 Corp. formed a new firm
> FinancialSettlementMatrix.com Inc. to streamline buying, selling and
> facilitating payments in business-to-business e-commerce.
> The announcement says that "the new company will connect buyers and
> sellers in e-marketplaces with payment processing, credit and other
> services through multiple participating banks and financial services
> companies."
> While I don't fully understand yet what this new venture will do and how,
> and most importantly, what implications, if any, it may have on Visa,  I
> have a feeling that this announcement is different than the mass of
> publicity seeking B2B plays that we have seen in the last year.
>
> Enron will provide its broadband network, which allows scalability, and
> bypasses the congestion of the public Internet. Enron is highly praised
> for its demonstrated ability to radically reorganize existing industries
> (energy, commodities, risk management, etc.).
> S1 builds customizable Internet financial services platforms and have
> heavyweight partners (IBM, Andersen), and invested clients (Citi, Royal
> Bank of Canada, Andersen, Allianz, FleetBoston, JP Morgan, State Farm and
> Zurich Financial).
> Its chairman and CEO, commenting on the venture said: "So far, various
> companies have separately offered individual financial services such as
> sourcing credit, escrow and payments authentication and processing, but no
> one has offered them all together in a multi-bank model. The lack of a
> complete financial services solution for e-marketplaces has been a major
> inefficiency for B2B e-commerce and a bottleneck for these e-marketplaces,
> restricting their transaction volume. FinancialSettlementMatrix.com will
> offer a full package of financial services in an open system that can be
> seamlessly integrated into any e-marketplace."
>
> My group, working with others, will try to get a better sense of the
> nature of this new beast. On the surface, however, it looks like an
> attempt to create a payment pipeline.


---------------------- Forwarded by Don Miller/HOU/ECT on 09/18/2000 08:48 AM
---------------------------
From: Sheila Tweed on 09/15/2000 08:18 PM
To: Stuart Zisman/HOU/ECT@ECT, Don Miller/HOU/ECT@ECT,
hhaltom@andrews-kurth.com
cc:
Subject: General Auction Chart---FYI.  Thought you might like to see the
terms contained in the utilities generation auctions.

----- Forwarded by Sheila Tweed/HOU/ECT on 09/15/2000 08:17 PM -----

	"JOHN G KLAUBERG" <JKLAUBER@LLGM.COM>
	09/01/2000 10:44 AM

		 To: <Sheila.Tweed@enron.com>
		 cc:
		 Subject: General Auction Chart

Sheila:  Just in case you were wondering why you had not received an e-mail
from me in the last hour, attached is the chart I referenced.  Please note,
however, that it is very general and makes a number of assumptions so I would
not treat it as "gospel."  Speak to you later.  Thanks  John

PS:  It is in WordPerfect, but hopefully you can still open it. If not, let
me know and I'll fax it.

"This e-mail, including attachments, contains information that is
confidential and it may be protected by the attorney/client or other
privileges.  This e-mail, including attachments, constitutes non-public
information intended to be conveyed only to the designated recipient(s).  If
you are not an intended recipient, please delete this e-mail, including
attachments and notify me by return mail, e-mail or by phone at 212
424-8125.  The unauthorized use, dissemination, distribution or reproduction
of the e-mail, including attachments, is prohibited and may be unlawful.

John Klauberg
LeBoeuf, Lamb, Greene & MacRae, L.L.P.
212 424-8125
jklauber@llgm.com

 - AUCTION.WPD


Below, in the attachment, you will find your confirmation # for your
overnight stay in Ontario. If the dates for your stay are incorrect, please
call me and I will make the necessary changes with the hotel.  There are two
hotels listed, so please make sure you note which hotel your reservation is
at.   The two hotel addresses are:

Queen's Landing Inn (Main Hotel)   The Prince of Wales Hotel
155 Byron Street     6 Picton Street
Niagara-on-the-Lake, ON  L0S 1J0   Niagara-on-the-Lake, ON  L0S 1J0
905-468-2195 phone#     905-468-2195 phone#
905-468-2227 guest fax#     905-468-5521 guest fax#

Next week, Cindy Derecskey & myself will be forwarding more detailed
information about the activities, location of the meetings, directions, maps
and agenda items.

Have a great weekend and we'll be in touch with each of you again next week.

gngr


Can you send an ISDA contract to:

Steve Hollabaugh, P.E.
Assistant GM
11570 Donner Pass Road
P.O. 309
Truckee, CA  96160

StephenHollabaugh@tdpud.org

Tracy can you start looking at the credit for these guys.

Thanks,

Paul Choi


Is that Microwave that you gave Dan really expensive?

All the guys at work are saying I shouldn't bother having it fixed I should
just buy a new one.

Chris


no problem!

Alan Comnes
02/28/2001 02:19 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Re: Daily Trade Volumes - Examples

thanks!


replied to one test but I'll reply to this too I got it Mike Mier
 -----Original Message-----
From: 	Gang, Lisa
Sent:	Wednesday, March 13, 2002 7:39 AM
To:	DL-UBSW Energy Real Portland Real Time
Subject:	TEST

This is a test.  I want to make sure this is the correct address for you guys.  Please respond and let me know.  Thank You!

Lisa gang


Ruth,  Attached is a redline with my revisions.  I will be forwarding two
hard copies of the revisions to your attention.


We have dinner reservations for Tuesday the 24th at 7:30 pm.


Crash and burn
Louisville courtship of Rockets in jeopardy

June 13, 2000 1:42 p.m. ET

Associated Press

HOUSTON * The bid by Louisville, Ky., to land the Houston Rockets appears to
have fallen through.
Jefferson County in Kentucky on Monday declined to join a three-pronged
proposal that would publicly finance a downtown basketball arena.

The plan suggested the city, county and state each issue up to $30 million in
bonds to cover a portion of an arena that could cost $220 million.

The arena would be built to attract the Rockets or another professional
basketball team.

Team officials visited with Louisville business and government leaders last
month. The Rockets have also been in negotiations with Baltimore, New Orleans
and St. Louis, but Louisville was the only city to publicly court the team.

City officials wanted to submit a proposal to the Rockets by Tuesday, but the
county indicated it wasn't ready to participate in the plan, the Houston
Chronicle reported Tuesday.

"Please do not issue any statements of commitment, or send a memorandum of
understanding at this time on behalf of the county," Jefferson County
Judge/Executive Rebecca Jackson wrote in a letter that was delivered to
Louisville Mayor David Armstrong.

The letter, dated Monday, was also signed by the county's three commissioners.

The Rockets declined comment on the development, but denied ever giving
Louisville attorney J. Bruce Miller a deadline to submit a proposal.

Meanwhile Monday, about 35 protesters chanted "don't pick our pockets to pay
for the Rockets!" in front of the county courthouse in Louisville to protest
spending public money on an arena.

The Rockets have been considering a move since November, when voters in
Houston rejected a plan to build them a $160 million arena.


Herman,

Attached is a revised form of Memorandum of Option for your review.  We have
revised it to be consistent with our form of Option to Purchase.

Please advise if these revisions are acceptable.

Thanks

Kathleen Carnahan
Enron North  America Corp.
1400 Smith Street, EB 3146d
Houston, TX 77002
Phone - (713) 345-3386
Fax - (713) 646-3037


Shelley, we need to make sure Mike knows of all the ramifications of this
entire deal.  I have no problem with them pursuing a regulatory approach to
the quality issue but a commercial decision would be better for all parties.


?

Hi  Folks,

I gotta say  before I get started that Monday Night Football,s &Pack" and
"Cats8 in the  scoring box was one of the more annoying moves they,ve made
this season.? &Cats8?? That,s so  lame.

Enough of that,  let's jump right into our Upgraded and Downgraded  Players.?
As we head down the home stretch, identifying those  players moving up or
down can be the difference between making the playoffs or  watching from the
sidelines.? As we  head into our 14th week of listing these players, it,s
inevitable  that some players will have made both the upgrade or downgrade
list.? Make sure you understand, what we,re  talking about is players that
are moving.?  In other words, a player like TE Chad Lewis could appear on the
downgrade  list and still be good enough to be a starter in your league.? It
just means I,m concerned about the  way he seems to be heading.?  Likewise, a
player like WR Willie Jackson may make the upgrade list even  though he,s
still fairly far down the list of WRs.? It,s all about which direction
players  are moving.? Keeping an eye on these  trends can very often make all
the difference.

Joe

?

Upgrades and  Downgrades.? Some of these  players are obvious moves up or
down and some aren't as clear.? Here's my  list of guys I see moving this
week.

QBs Moving  Up?

QB Kordell  Stewart (Pit)? Time to give props where props are  due.? Kordell
looks like a new  man.? Actually, he looks like the  old Kordell.? The GOOD
old Kordell.  Over the last three weeks, he ranks as the # 5 QB in my
Performance / TD system  based on FF points per game.? Gotta  hand it to Bill
Cowher as it took some guts to bench the starting? WRs like that but Hines
Ward has  delivered.? It,s probably not the  best thing for Jerome Bettis
owners but Stewart,s 3 rushing TDs over the last 3  weeks are huge.?

QB Aaron  Brooks (NO)? Brooks made my upgrade list last week  and I put my
money where my mouth was outbidding the other owners in my league  to pick
him up? last week as a free  agent.? I said last week that we,d  see how he
does with the pressure on all week.? Obviously, this is one cool kid.? If you
saw the footage of him in the  tunnel before the game he looked like he was
ready to go out and play a game of  flag football or something.? He made
some mistakes and fought back from adversity several times.? The obvious
comparison is a young  Randall Cunningham.? He,s skinny and  has a little bit
of those Cunningham crazy legs.? Plus he,s got a big arm with that whippy
motion.? But the biggest thing that  impresses me about Brooks is his poise.?
 Grab him if he,s available in your league.?

I asked my  friend Tony Pauline from the TFY Draft Preview about Brooks.?
Tony had him ranked higher than Shaun  King before the draft. Here,s what the
1999 TFY Draft Preview had for  Brooks:?

AARON BROOKS  Virginia 6'3" 210 4.71

Fifth year senior who completed 54% of his passes  throwing for 2,319 yards,
12 touchdowns and nine interceptions and carrying the  ball 83 times for 232
yards, averaging 2.8 yards per carry with five more  scores.? Led the ACC in
passing efficiency two seasons ago, throwing for  57% / 2,282 / 20 / 7.? Good
athlete who has shown great improvement in his  quarterback skills the last
season and a half.? Smooth and fluid, sets his  feet in the pocket, shows
good strength and stands his ground when being  rushed.? Has a live arm; can
thread a needle, throws ropes and his deep  passes have speed.? Effective
throwing on the run, squares his shoulders  and quickly releases the ball.
Eludes or side steps oncoming rushers, pulls the  ball down, running between
the tackles.? While he has improved his accuracy  and places his passes well,
he often overthrows receivers.? The further  down the field or out to the
flanks he must get the ball, the more his accuracy  struggles.? Must do a
better job reading and recognizing defenses, stop  staring down his primary
target and not hold the ball so long while in the  pocket.? A player who
turned himself into a good prospect with a solid  senior campaign.? Mid to
late Sixth Round.?

Thanks  Tony.? Be sure to check out Tony,s  great info at
www.TFYDraftPreview.com?

QB Kurt  Warner? (StL)?? Warner,s chomping at the bit and has been named the
starter this week relieving Trent Green.?  Keep an eye out on how he looks in
practice.? Coach Mike Martz said last week he was  concerned about Warner,s
grip strength and ability to put rotation on the  ball.? I,m thinking he,ll
be good to  go.?

QB? Donovan McNabb (Phi)? What  else can you say about this guy??  Take away
his running game??  No problem.? Give him WRs  that would? struggle to make
a  division I team? ?No problem.? He finds a way to get it done.? He looks to
me like he,s beginning to  reach the level of dominance he enjoyed at
Syracuse where he was  unstoppable.? It,s especially  impressive as teams
know what he,s going and still can,t stop him.? It should be noted that
LaVarr Arrington  was injured early and he was the designated &spy8 but
still, it was an  impressive performance against a very good Washington
defense.? I see little reason why he won,t  continue although he really needs
help at WR.?

QB Trent  Dilfer (Bal)? I said a couple of weeks ago that Dilfer  might play
the late season 1999 Tony Banks role as coach Brian Billick revives  another
struggling? QB,s  career.? Dilfer seems very  comfortable with what Billick
is asking him to do and brings a little fire and  attitude to the offense
that had been missing.? I like what they,re doing and don,t see  why it won,t
continue.? Although  don,t forget they,re off this week.

QB Brad  Johnson (Was)? Jeff George yields to the young man from  Florida
State.? His knee is  reportedly good to go and he,s been cleared by the
trainers as fit to  start.? Considering the troubles the  team endured with
George at the helm, Johnson has already been named the  starter.? He,ll be
working with a  nicked WR corps so we,ll see how he fares.?

QB Ryan Leaf  (SD)? Kordell Stewart, Trent Dilfer and Ryan  Leaf?? You gotta
be kidding me.? But after another solid outing, you  can,t deny Leaf is
making plays.?  Granted, he still throws the ugly interception(s) and he gets
hurt almost  as much as Rob Johnson but the kid could make a difference for
you if you need a  spot QB.? He,s got one of the top 3  TEs in the game with
Freddie Jones and Curtis Conway and Jeff Graham are  veterans who can make a
difference.?  This win will have to buoy the spirits and  enthusiasm.

??

RBs Moving Up?

RB Mike  Anderson (Den)? Once is a coincidence.? Twice is a trend. You,ve got
to start  handing credit to Mike Shanahan, Offensive Coordinator Gary Kubiak,
and that  offensive line. Like everyone else, I marveled at the way Olandis
Gary was able  to run last year when Terrell Davis went down.? What a great
job of scouting we all  thought.? But hey, Gary was a pretty  highly touted
back.? But Mike  Anderson???? Anderson,s a  fine back but I,ve got to believe
it,s a team deal here.? The good news is that Anderson,s team  isn,t going
anywhere without him and he looks to remain a factor while Terrell  Davis
recovers from the mystery lower leg ailment.? Watch this during the week, but
it  wouldn,t surprise me a bit to see Davis miss another game. ?And as long
as Anderson rolls up 195  rushing yards a game like he did Sunday, you won,t
see Shanahan crying over TD  being out.? Granted 80 of those  yards came on
one big run but he had a great game any way you slice  it.?

RB Jamal  Lewis (Bal)? I,ve been eating crow (Raven?) for a  while now as I
was one of those guys not convinced Jamal Lewis would excel at  this level
after a very disappointing 1999 season at Tennessee.? Lewis is running like
he did as a  Freshman and Sophomore before the knee injury and he may have
the best blend of  speed and power in the league this side of Eddie George.?
Coach Brian Billick has the Raven  offense firing on all cylinders and Lewis
remains a huge part of it.? His only down side is that he,s off this  week
with a bye.? But that week 16  matchup against Arizona is looking very
tasty(?

RB Corey  Dillon (Cin)? Considering what he does with that  surrounding cast,
I could make a strong case that Corey Dillon is the best back  in the NFL.?
There have been few  passing attacks in recent memory as impotent as the
Bengals, yet Dillon  continues to pound out the yards when defenses know
exactly what,s coming at  them.? It,s amazing to watch.? I don,t know how
long he can keep it up  but he,s got the woeful Cardinals this week and you
have to like  that.?

RB Warrick  Dunn (TB)? Dunn made the upgrade list last week in  the wake of
Mike Alstott,s knee injury and he delivered in a big way for his  owners
Sunday with 129 total yards including 2 TDs.? There was some talk about him
sharing  carries but he was the only guy besides QB Shaun King to run the
ball for Tampa  Bay.? Look for more of the same from  the Bucs and new
offensive coordinator Warren Sapp(? Seriously, Dunn showed he could handle
20 rushing attempts and I think you,ll continue to see them go with what,s
working.?

RB Michael  Pittman (Ari)? Pittman may be the lone bright spot on  the
Arizona team.? I told you last  week that coach McGinnis loves the guy and
you saw the results last night as  Pittman rambled for 77 yards on only 13
carries (5.7 ypc)? Like Corey Dillon, the surrounding team  kills his value
but if he ran for a team that held a lead, he,d be awesome.? Unfortunately, I
don,t see Arizona  turning into such a team anytime soon so don,t get too
excited.? But overall, I like the guy a  lot.?

RB Richie  Anderson (NYJ)? Each year, there are always unheralded  guys who
post nice numbers but remain well below the radar of many owners.? Many times
they are RBs who quietly post  yardage (and FF points) receiving the ball.?
Anderson is a prime example of one such  player this year (as?are Tony
Richardson and Stanley Pritchett)? He,s caught 15 passes over the last 3
games and with Curtis Martin nursing a sore gluteus maximus, that trend will
likely continue.???

RB Robert  Holcombe (StL)? It doesn,t take a rocket scientist to  see that
Marshall Faulk isn,t 100%.?  Red flags went up across the country when Mike
Martz elected to give  Holcombe that shot at the goalline Sunday.?  6 weeks
ago, that would have been Faulk,s carry all day long.? Holcombe looks to
benefit if Faulk,s  workload continues to be decreased.?

RB Brad  Hoover (Car)? Aside from having one of those cool  names the fans
can yell whenever he does something good, Hoover has shown to be  a capable
replacement for candybone Tshimanga Biakabutuka.? He doesn,t have the
physical tools of a  Biakabutuka but you can,t deny he hasn,t been
effective.? It wouldn,t surprise me a bit to see  Hoover continue to see
action.

??

WRs Moving Up

WR Marvin  Harrison (Ind)? Harrison stated before Sunday,s game  that he
needed to &get on a mission8.?  Looked like he started towards that end with
2 TD catches and he could  have had another.? Yes, you,d like  to see more
than 4 catches but I,ll take 2 TDs any week.? Harrison,s biggest worry is
that Peyton  Manning can stay calm enough not to strangle Jerome Pathon for
dropping easy  balls.? Harrison is fine and  actually looking better in my
eyes.?

WR Hines  Ward (Pit)? Does anyone else find it interesting to  see Kordell
Stewart throwing the ball to another &slash8 type player in Hines  Ward??
Ward doesn,t have the name of  a Plaxico Burress but he,s certainly more
productive.? If I,m Burress, I,d be for finding a  baseball cap that I was
comfortable with(?

WR Amani  Toomer (NYG)? Toomer,s back in a big way.? He had us worried there
for a stretch  earlier but he,s playing very well right now, especially with
Ike Hilliard  out.? QB Kerry Collins has settled  into a nice rhythm and
coach Jim Fassell is sticking his neck out guaranteeing a  playoff slot.?
Look for?Toomer  and Collins to be a big part of making that happen.

WR Sean  Dawkins (Ind)? With his size (6, 48 / 218 #) I,ve  always wondered
why he isn,t better.?  He,s showing over the last few games that maybe he
is.? Over the last 3 games, he rates as the #  5 WR in Fantasy Points per
game.? It  doesn,t seem to make a great deal of difference to him whether it,
s Jon Kitna or  Brock Huard throwing the ball, he just delivers.???

WR Peter  Warrick (Cin)Garbage time or not,  he scored another TD this week
and he,s a great gamble if you need to roll the  dice for a home run.? Yes,
he,s as  liable to go 2 for 18 as he is score a TD but sometimes, those are
the kinds of  gambles that pay big.? The team  reportedly was forcing him to
see an eye doctor for contact lenses.? This could be like Charlie Sheen in
Major League with the new glasses.?  Seriously, if he,s had bad vision that,s
been limiting him, look out once  he gets the contacts.?

WR Joe  Jurevicius (NYG)? With Ike Hilliard out, Jurevicius got  all he ever
wanted ) a chance.? And  he,s making the most of it.? He,s  clearly the #2 WR
behind Toomer but when this offense is clicking, the #2 guy  has definite
value.? Keep an eye on  Hilliard,s return but he could be a nice sub if you,
re in a  pinch.?

WR Willie  Jackson (NO)? Jackson is looking less &fluky8 with  each game.??
He put together a  nice day Sunday with 4 catches for 64 yards.? Like
Jurevicius, he,s the clear cut # 2  receiver but he,s certainly valuable.?
QB Aaron Brooks has surprised everyone and Jackson should continue to
benefit.?

WR R. Jay  Soward (Jac)? I,ll be honest, I really don,t like  Soward much but
you can,t dismiss the fact Mark Brunell seemed to almost be  forcing the ball
to him on the long throws.? He,ll draw the weaker coverage (and  rightly so)
when Jimmy Smith and Keenan McCardell are in the lineup so he could  have
some mismatches.?

??

TEs Moving Up?

TE Freddie  Jones (SD)? Jones is still under the radar of a few  owners as he
plays for the Chargers.?  Truth is,? he,s one of the  better receivers in the
game and definitely the best receiver in San Diego.? He,s a nice big target
with soft hands  for new QB Ryan Leaf.? He,s had 11  receptions over the last
3 games.?

TE Jay  Reimersma (Buf)? Reimersma,s returning to the player we  knew he
could be.? With 5 receptions  for 82 yards Sunday, he,s a vital part of the
offense. ?With WRs Peerless Price and Jeremy  McDaniel not doing much, it,s
pretty much Eric Moulds and  Reimersma.

TE David  LaFluer (Dal)? With Jackie Harris nursing a sprained  knee, LaFluer
seized the opportunity and put together an excellent game with 6  catches for
45 yards and a TD.? Keep  an eye on Harris but this could be a trend.

TE Anthony  Becht (NYJ)? Becht earns the upgrade just for the  beautiful
diving TD catch Sunday.?  At this point in the season, rookies aren,t really
rookies any more as  most have enough experience that they,re learning the
ropes.? Becht appears to be a fast learner and  could give this team a huge
boost with solid TE  play.

??

QBs Moving Down?

QB Jeff  George (Was)? Audition time is over.? Didn't you have the feeling
owner Danny  Snyder would have loved for his pet QB George to go wild before
Brad Johnson  sits down to the negotiating table to talk about next year (if
they ever do  that)? Instead, he looked very  average and even a little bit
old.?  Brad Johnson will get the start this week.? You never know with knee
injuries so  George certainly still has value, just nothing like he did as a
starter.

QB Trent  Green (StL)? Chris Berman made a great point last  night on ESPN,s
Prime Time.? Trent  Green is a nice player but let,s forget this talk about
him being the same  player as Kurt Warner.??  Another loss for the Rams
pretty much guaranteed we,ll see Warner this  week.? The Rams are suddenly
fighting for their lives and it won,t be Green behind center.?

QB Shane  Matthews (Chi)? The University of Florida has a great  program and
always places a large number of players at the next level but  Matthews looks
to be another shot putting QB that simply can,t deliver the ball  at this
level.? It,s a testament to  coach Steve Spurrier that he can devise systems
to make guys like Matthews and  Danny Wuerffel look great in college because
they clearly lack the talent.? Put it this way, Matthews has Bears fan
wishing Cade McNown will get back soon(

QB Drew  Bledsoe (NE)? Whether it,s the thumb or the WRs or the  play
calling, Bledsoe is struggling.?  I used to blame this on Bill Belichick
coming up with a Jets defense that  shattered Bledsoe,s confidence and threw
him into a tailspin this time of year  but now I,ll have to start looking for
other theories.?? As Terry Glenn said, & it felt  like the defense knew
exactly what we were going to do8.? That,s bad for a Thursday  game.

??

RBs Moving Down?

RB Emmitt  Smith? (Dal)? As you  probably saw, Emmitt was knocked out for a
moment during the Thanksgiving Day  game.? Check his status this  week.? Even
100%, he faces a tough  stretch of games to finish the season against Tampa
Bay, Washington, New York  Giants, and Tennessee.?

RB J.J.  Johnson (Mia)? Johnson had a nice game Sunday but early  indications
are that Lamar Smith will be ready to play this week and that means  Johnson
takes a seat.?

RB Jamal  Anderson (Atl)? It looks to me like the Falcons are very  close to
packing it in.? He may be  worth one more start against the porous Seattle
defense this week but after  that, he,s got a bye and then New Orleans.?

RB Marshall  Faulk (StL)? Understand, he,s still a top RB, but I think his
value is clearly falling a bit.? He  looks less than 100% but the most
telling indicator by far was the Robert  Holcombe goalline carry.? 6 weeks
ago, no way does Holcombe get that carry.?  He,s still a must start and
Warner will likely help his stock but I,m a  little worried.?

RB Curtis  Martin (NYJ)? The weather conditions made it tough to  get a true
picture of Martin,s health but it was pretty easy to see he wasn,t  100%
Sunday.? Between Bernie  Parmalee and Richie Anderson, coach Al Groh has
plenty of options and he doesn,t  hesitate to go with them.?

RB Jermaine  Fazande (SD) ?The big guy yields to Terrell Fletcher  and looks
to have lost his starting job.?  Not a huge loss as I doubt you were counting
on him for too much  anyway.

??

WRs Moving Down?

WR Yancey  Thigpen (Ten)? Drop this guy if you haven,t  already.? He misses
games with a  myriad of injuries and when he does see the field, he manages
to drop key  passes(?

WR Marcus  Robinson (Chi)? One has to wonder what could have been  with Jim
Miller healthy.? Shane  Matthews managed to get the ball to his best WR a
whopping one time Sunday.? That will not do.?

WR Sylvester  Morris (KC)? Morris has been especially disappointing  as one
usually expects rookies to progress during the season but he seems to be
going the other way.? Over the last  3 weeks, he ranks as the # 81 WR in my
TD / Performance system.? Part of that can be attributed to Elvis  Grbac /
Warren Moon but he,s not playing well right now.?

WR Terance  Mathis (Atl)? Mathis ranks # 72 among WRs over the  last 3 games
in my TD / Performance system.? That,s not what you,re looking for from  a #
1 WR, even if it is the Falcons.???

Eagle  WRs? These guys are just not very good.? I had especially high hopes
for Charles  Johnson this year but he,s not getting it done.???

WR Wayne  Chrebet (NYJ)? As sick as I was of Keyshawn Johnson  whining about
Chrebet not being a #1 WR, it looks he may have had a point.? Chrebet just
doesn,t have the speed or  physical size to make a? consistent  impact when
defenses choose to take him out of the game.? I love the guy and admire his
grit and  determination but he struggles against double coverage.? And most #
1 WR face double  coverage(?

?

TEs Moving Down

TE Andrew  Glover (NO)? A rising tide is supposed to lift all  boats but
nobody told Glover about that little axiom.? The Saints continue to roll in
spite of  a virtually non existent TE.?

TE Jackie  Harris (Dal)? Keep an eye on Harris as he sprained a  knee Sunday
and gave way to David LaFluer catching a ton of passes.?

TE Ricky  Dudley (Oak)? He,s maybe the most frustrating player  in the game.?
As soon as you bench  him, he,ll catch 2 TDs but I don,t know how many more 1
reception days I can  take from this guy.?

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When: Monday, October 29, 2001 3:00 PM-4:00 PM (GMT-06:00) Central Time (US & Canada).
Where: EB3260

*~*~*~*~*~*~*~*~*~*


========================================================
From KHOU-TV's Dr. Neil Frank & Reliant Energy W.A.R.N. :
========================================================
WTNT22 KNHC 260230

TCMAT2

SUBTROPICAL STORM TWO FORECAST/ADVISORY NUMBER   6

NATIONAL WEATHER SERVICE MIAMI FL   AL1701

0300Z MON NOV 26 2001

SUBTROPICAL STORM CENTER LOCATED NEAR 30.0N  55.7W AT 26/0300Z

POSITION ACCURATE WITHIN  30 NM

PRESENT MOVEMENT TOWARD THE SOUTHWEST OR 225 DEGREES AT   8 KT

ESTIMATED MINIMUM CENTRAL PRESSURE  979 MB

MAX SUSTAINED WINDS  60 KT WITH GUSTS TO  75 KT.

50 KT.......550NE  60SE  60SW 360NW.

34 KT.......600NE 100SE 100SW 600NW.

12 FT SEAS..650NE 300SE 450SW 650NW.

WINDS AND SEAS VARY GREATLY IN EACH QUADRANT.  RADII IN NAUTICAL

MILES ARE THE LARGEST RADII EXPECTED ANYWHERE IN THAT QUADRANT.

REPEAT...CENTER LOCATED NEAR 30.0N  55.7W AT 26/0300Z

AT 26/0000Z CENTER WAS LOCATED NEAR 30.1N  55.5W

FORECAST VALID 26/1200Z 30.0N  56.2W

MAX WIND  60 KT...GUSTS  75 KT.

50 KT...550NE  60SE  60SW 360NW.

34 KT...600NE 100SE 100SW 600NW.

FORECAST VALID 27/0000Z 30.2N  56.8W

MAX WIND  65 KT...GUSTS  80 KT.

64 KT... 30NE  30SE  30SW  30NW.

50 KT... 60NE  60SE  60SW  60NW.

34 KT...100NE 100SE 100SW 100NW.

FORECAST VALID 27/1200Z 30.5N  57.5W

MAX WIND  65 KT...GUSTS  80 KT.

64 KT... 30NE  30SE  30SW  30NW.

50 KT... 60NE  60SE  60SW  60NW.

34 KT...100NE 100SE 100SW 100NW.

REQUEST FOR 3 HOURLY SHIP REPORTS WITHIN 300 MILES OF 30.0N  55.7W

EXTENDED OUTLOOK...USE FOR GUIDANCE ONLY...ERRORS MAY BE LARGE

OUTLOOK VALID 28/0000Z 30.2N  58.2W

MAX WIND  65 KT...GUSTS  80 KT.

50 KT... 60NE  60SE  60SW  60NW.

34 KT...100NE 100SE 100SW 100NW.

OUTLOOK VALID 29/0000Z 29.5N  59.0W

MAX WIND  60 KT...GUSTS  75 KT.

50 KT... 60NE  60SE  60SW  60NW.

34 KT...100NE 100SE 100SW 100NW.

NEXT ADVISORY AT 26/0900Z

FORECASTER PASCH

WWWW
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Player Updates NFL Reports
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Latest NFL Player News

Matt Hasselbeck <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=12429&>, QB SEA - Texas Terminators Updated 10/16/01
Hasselbeck is scheduled to start the Seahawks' next game October 28 against Miami due to a groin injury suffered by Trent Dilfer on Sunday. "Matt has had a couple of weeks to watch. He's champing at the bit to prove whatever he has to prove," Head Coach Mike Holmgren told the Seattle Post-Intelligencer. We don't recommend Hasselbeck as a Fantasy starter right now, especially against the Dolphins' defense in Week Seven.

Trent Dilfer <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=1065&>, QB SEA - Free Agent Up! da! ted 10/16/01
Dilfer suffered a pulled groin during Sunday's game against Denver, and he is not expected to be able to play October 28 against Miami, according to the Seattle Post-Intelligencer. "There's more to it than just a normal groin pull. We'll just leave it at that," Seahawks Head Coach Mike Holmgren said Monday. "He's injured, and he won't practice this week." Dilfer is probably the better Fantasy option of the two, but don't expect him to be able to help your team for the next two weeks.

Tony Richardson <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=1471&>, RB KC - Team Chick Updated 10/16/01
Chiefs Head Coach Dick Vermeil said Monday there is a chance Richardson could play Sunday in Arizona, according to the Kansas City Star. Richardson is battling a shoulder injury.

Tyrone Wheatley <http://football215.fantasy.sportsline.com/mp/! ht! tp://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=1140&>, RB OAK - Uran Man Updated 10/16/01
Wheatley had an MRI exam on Monday to determine the extent of the damage he sustained to his right knee Sunday in Indianapolis. The results were expected back Tuesday.

Lamar Smith <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=1160&>, RB MIA - Texas Terminators Updated 10/16/01
Smith was in a walking boot after suffering a sprained ankle during Sunday's game against the Jets, according to the Miami Herald. He should be fine for Week Seven when the Dolphins return from the bye week.

Brian Griese <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=12409&>, QB DEN - Really Rottens! Updated 10/16/01
The Broncos are unsure whether Griese will be ready for Sunday's game in San Diego, according to the Denver Post. However, An MRI Monday morning on his right shoulder revealed no structural damage and no tie to his previous shoulder surgeries. Griese is questionable for Wednesday's practice as well as Sunday's game, and if he's out, expect Gus Frerotte to get the start.

Rob Johnson <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=1033&>, QB BUF - Grid Iron Goons Updated 10/16/01
Johnson has been listed as probable for Thursday's game in Jacksonville despite a neck injury. He hasn't been a reliable Fantasy quarterback all year, and there's no reason to believe that will change this week. Don't use Johnson.

Jamal Anderson <http://football215.fantasy.sportsline.com/mp/elink?script=players&lea! gu! e=getbad&owner=12050.9&random=3300&key=1076&>, RB ATL - Really Rottens Updated 10/16/01
Anderson underwent successful surgery to repair the torn ACL in his left knee Tuesday. Anderson has already been placed on injured reserve and is out for the remainder of the 2001 season.

Marshall Faulk <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=1109&>, RB STL - Blue Balls Updated 10/16/01
Faulk has not been ruled out of Sunday's game against the New York Jets despite a bruised right knee. "He really could possibly play this week," coach Mike Martz said. "We're not going to rule the possibility of him playing completely out." If Faulk is unable to go, however, Trung Canidate will be the featured back in the game. At this point, it's tough to make a decision on whether or not to start Faulk Fantasy-wise, so monitor the situation throug! ho! ut the week.

Justin McCareins <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=235117&>, WR TEN - Free Agent Updated 10/16/01
McCareins will be sidelined six to eight weeks after breaking his ankle Sunday on a kickoff return. He is scheduled to have surgery on the ankle Wednesday to insert a pin in the joint. This is a major setback for the rookie. He started Sunday's game and had two catches for 70 yards.

Eddie Berlin <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=235023&>, WR TEN - Free Agent Updated 10/16/01
Berlin, a rookie receiver used mostly on special teams, will be sidelined three to four weeks. He suffered a severely separated right shoulder on a kickoff return Sun! da! y.

Dennis Northcutt <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=187617&>, WR CLE - Free Agent Updated 10/16/01
Browns' head coach Butch Davis told The Akron Plain-Dealer that Northcutt will get a lot of playing time this week against the Ravens. Don't expect Northcutt to be too productive, but he is a decent pickup if you need an extra wideout this week.

Peter Warrick <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=187401&>, WR CIN - Dont Mess Updated 10/16/01
Warrick is listed as probable for Sunday's game against the Bears. He is recovering from a bruised left shoulder.

Marco Battaglia <http://football215.fantasy.sportsline.com/mp/elink?scr! ip! t=players&league=getbad&owner=12050.9&random=3300&key=1324&> , TE CIN - Free Agent Updated 10/16/01
Battaglia is listed as probable for Sunday's game against the Bears. He is suffering from a strained left shoulder.

Elvis Grbac <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=1035&>, QB BAL - Houston Big Ballers Updated 10/16/01
Grbac was feeling woozy and nursing a headache Monday, the result of the most severe concussion he's received in nine years in the NFL but he will play Sunday at Cleveland. Grbac was slammed to the ground by Santana Dotson in the second quarter of the Baltimore Ravens' 31-23 loss to the Green Bay Packers on Sunday. The quarterback stayed in the game, but threw interceptions on his next two drives and was pulled eight minutes into the fourth quarter. On Monday, Grbac declared hims! el! f fit enough to play. "I'm still a little foggy, and my wife was waking me up every few hours to see if I was alive," he said, "but I'm feeling OK and I'll be ready."

Redskins <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=30&>, DT WAS - Free Agent Updated 10/16/01
Washington cornerback Fred Smoot suffered a sprained left knee during Monday's game against Dallas. He was on crutches after sustaining the injury and is currently listed as day-to-day.

Stephen Alexander <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=12181&>, TE WAS - Free Agent Updated 10/16/01
Alexander suffered a sprained right ankle during Monday night's loss to Washington. He was seen using crutches on the sidelines and is listed as day-to-day.

Duce Staley <http://football215.fantasy.sportsline.com/mp/elink?script=players&lea! gu! e=getbad&owner=12050.9&random=3300&key=1757&>, RB PHI - Luccis Losers Updated 10/16/01
According to Eagles' coach Andy Reid, Staley will be the starting tailback on Monday night against the N.Y. Giants. However, Staley is expected to split carries with Correll Buckhalter, which will make it tough to play him Fantasy-wsie.

Joe Jurevicius <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=12484&>, WR NYG - C-Dawg's Boyz Updated 10/16/01
Jurevicius suffered a rib injury during Sunday's game against St. Louis. The injury is not considered serious, however, so expect Jurevicius to be in the starting lineup on Monday against Philadelphia.

Bill Schroeder <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=1593&>, WR GB - Grid Iron Goons! Updated 10/16/01
Schroeder (ankle) informed Head Coach Mike Sherman that he would be available for Sunday's game against Minnesota. Sherman stated that a decision on Schroeder would not be made until later in the week, but we expect him to go.

Joey Galloway <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=1286&>, WR DAL - Team Chick Updated 10/16/01
Galloway suffered a sprained left ankle during Monday night's 9-7 win over Washington. The Cowboys have a bye this week, so Galloway should have amble time to recover from the injury in time for the team's next game.

Reggie Swinton <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=12748&>, WR DAL - Free Agent Updated 10/16/01
Swinton suffered a hamstring injury during pre-game warmups on Monday night. He left the game after the opening kickoff, and is listed as day-to-day.

Jackie Harris <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=1368&>, TE DAL - Free Agent Updated 10/16/01
Harris (groin) returned to action on Monday night against Washington. He didn't have a reception in the game, and has no real value as a Fantasy player at this point.

Quincy Carter <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=235201&>, QB DAL - Dont Mess Updated 10/16/01
Carter underwent successful surgery to repair the tendon that attaches his hamstring to his lower left leg on Monday.! H! e is expected to miss six weeks of action due to the procedure.

Raghib Ismail <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=1201&>, WR DAL - Free Agent Updated 10/16/01
Ismail (knee) returned to action on Monday night against Washington. He finished with three catches for 50 yards, but didn't make much of an impact Fantasy-wise.

Tiki Barber <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=1782&>, RB NYG - Team Chick Updated 10/16/01
Barber (hamstring) is expected to return to practice on Thursday. Barring any setbacks, Barber will be available for Sunday's game against Philadelphia. With the emergence of Ron Dayne, however, Barber may see a drop in his Fantasy value over the coming weeks.

Michael Pittman <http://football215.fantasy.sportsline.com/mp/http! :/! /football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=12623&>, RB ARI - Dont Mess Updated 10/16/01
Pittman suffered a concussion during Sunday's loss to Chicago, and was dealing with headaches on Monday as a result. He is expected to undergo tests, and is status for Sunday's game against Kansas City will be determined later in the week. If he is unable to play, Thomas Jones would step into the No. 1 RB role once again.

Randy Moss <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=12576&>, WR MIN - Team Chick Updated 10/16/01
Moss is dealing with a sprained right ankle, which may keep him from playing at full capacity this weekend against Green Bay. It's tough to ever bench Moss, but considering his recent struggles, it might not be a bad idea if your roster allows for a solid repl! ac! ement.

Doug Chapman <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=187510&>, RB MIN - Free Agent Updated 10/16/01
Chapman is expected to get the starting nod this weekend against Green Bay due to Michael Bennett's ankle injury. Chapman may be worth picking up for the week in deeper leagues, but he'll be hard-pressed to put up good numbers against a solid Packers' defense.

Michael Bennett <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=235196&>, RB MIN - Houston Big Ballers Updated 10/16/01
According to the Minneapolis Star-Tribune, Bennett (ankle) is expected to miss this weekend's game against Green Bay. He was wearing a protective boot on Monday and was walkin! g ! with a noticeable limp. Doug Chapman will likely get the start in Bennett's absence.

More Updates <http://football215.fantasy.sportsline.com/mp/elink?script=pro-player-updates&league=getbad&owner=12050.9&random=3300&start=30&>
Rosters Teams
  <http://ad.doubleclick.net/ad/N1549.sportsline.com/B44933.5;sz=1x1;ord=1?>
Warning	  <http://images.commissioner.com/images/dot_clear.gif>
  <http://images.commissioner.com/images/exclamation.gif>You have 2 active players at position QB. You must have 1.
You have 5 active players at position WR. Between 0 and 4 are allowed.
You have 14 active players. You must have 8.

 <http://football215.fantasy.sportsline.com/mp/elink?script=options-logo&league=getbad&owner=12050.9&random=3300&>	  <http://images.commissioner.com/images/dot_clear.gif>	Luccis Losers
Paul Lucci <http://football215.fantasy.sportsline.com/mp/elink?script=owners&league=getbad&owner=12050.9&random=3300&owner_name=Paul%20Lucci&>

Player	TM	Pos	Status	Next	Bye
McNair, Steve <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=1069&team=9&>	TEN	QB	Active	@DET	Week 3
Warner, Kurt <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=12797&team=9&>	STL	QB	Active	@NYJ	Week 8
Alstott, Mike <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=1169&team=9&>	TB	RB	Active	PIT	Week 2
Staley, Duce <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=1757&team=9&>	PHI	RB	Active	@NYG	Week 5
Garner, Charlie <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=1149&team=9&>	OAK	RB	Active	bye	Week 6
Minor, Travis <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=235123&team=9&>	MIA	RB	Active	bye	Week 6
Booker, Marty <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=133228&team=9&>	CHI	WR	Active	@CIN	Week 3
Carter, Cris <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=1248&team=9&>	MIN	WR	Active	GB	Week 8
Moore, Rob <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=1183&team=9&>	ARI	WR	Active	KC	Week 1
Hilliard, Ike <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=1785&team=9&>	NYG	WR	Active	PHI	Week 12
Hakim, Az-Zahir <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=12411&team=9&>	STL	WR	Active	@NYJ	Week 8
Clark, Desmond <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=133250&team=9&>	DEN	TE	Active	@SD	Week 15
Akers, David <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=1666&team=9&>	PHI	K	Active	@NYG	Week 5
Ravens <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=3&team=9&>	BAL	DT	Active	@CLE	Week 13
Goings, Nick <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=237114&team=9&>	CAR	RB	Reserve	@WAS	Week 14

Total Active Players: 14
Total Reserve Players: 1

NFL Injuries for Luccis Losers
Updated	Player	Team	Pos	Injury	Expected Return
10/14/01	Moore, Rob <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=1183&>	ARI	WR	Hamstring	Missed Sunday's game at Chi.
10/16/01	Staley, Duce <http://football215.fantasy.sportsline.com/mp/elink?script=players&league=getbad&owner=12050.9&random=3300&key=1757&>	PHI	RB	Shoulder	Expected to start in Monday's game at NYG
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 - sell sheet 3-01 .doc


Dear Speakers,

I understand how awfully busy you must all be at  this time, but I would appreciate a phone call or a quick email to confirm  that you ahve or have not, for that matter received the speaker packets I sent  to you May 2, 2001.  please advise as soon as possible, that way, if yo  have not, for whatever received them, I will know what steps to take from  there.

All the best.

Sincerely,

Joanna Vidal

PS: My contact  details are posted below.

Joanna Vidal
Events Coordinator
Risk Waters  Group
T: (212) 925 1864 ext. 197
F: (212) 925 7585jvidal@riskwaters.com www.riskwaters.com


The report named: West VaR and Off-Peak Position Report By Trader <http://erv.corp.enron.com/linkFromExcel.asp?report_cd=27&report_name=West+VaR+and+Off-Peak+Position+Report+By+Trader&category_cd=6&category_name=WEST&toc_hide=1&sTV1=6&TV1Exp=Y&current_efct_date=10/23/2001>, published as of 10/23/2001 is now available for viewing on the website.

(Revision: 2)


---------------------- Forwarded by Judy Hernandez/HOU/ECT on 05/09/2000
10:30 AM ---------------------------

	Enron North America Corp.

	From:  Maria Sandoval                           05/08/2000 04:17 PM

To: Andrea R Guillen/HOU/ECT@ECT, Phenicia Olivier/HOU/ECT@ECT, Bernice
Rodriguez/HOU/ECT@ECT, Melissa Rodriguez/HOU/ECT@ECT, Cassandra S
Dutton/HOU/ECT@ECT, Lorraine Becker/HOU/ECT@ECT, Angela Henn/HOU/ECT@ECT,
Melba Lozano/HOU/ECT@ECT, Chantelle Villanueva/HOU/ECT@ECT,
patty.soria@halliburton.com, elizabeth.gutierrez@eott.com, Judy
Hernandez/HOU/ECT@ECT, Elizabeth Soto/HOU/ECT@ECT, amolina@unifirst.com,
apena26@hotmail.com, Pamela Sonnier/HOU/ECT@ECT, Brenda
Barreda/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Yolanda Pena/Corp/Enron@Enron
cc:
Subject: Fwd: Tidbits

---------------------- Forwarded by Maria Sandoval/HOU/ECT on 05/08/2000
04:17 PM ---------------------------

Cassandra S Dutton
05/08/2000 02:38 PM
To: Maria Sandoval/HOU/ECT@ECT, Kathleen Speer/HOU/ECT@ECT, Cynthia
Shoup/HOU/ECT@ECT, Lisa Shoemake/HOU/ECT@ECT, Lorraine Becker/HOU/ECT@ECT,
Lisa Berg Carver/HOU/ECT@ECT, Andrea R Guillen/HOU/ECT@ECT, Willie
Harrell/HOU/ECT@ECT, Gerri Gosnell/HOU/ECT@ECT, Regina Perkins/HOU/ECT@ECT,
Linda Adels/HR/Corp/Enron@ENRON, Pamela Sonnier/HOU/ECT@ECT, Georgia
Fogo/HR/Corp/Enron@ENRON, Felicia Doan/HOU/ECT@ECT, Chaun Roberts/Enron
Communications@Enron Communications, Dana Davis/HOU/ECT@ECT, Elizabeth
Soto/HOU/ECT@ECT, iharrison@tmh.tmc.edu, vevans@tmh.tmc.edu, twest@tmh.tmc.edu
cc:
Subject: Fwd: Tidbits

---------------------- Forwarded by Cassandra S Dutton/HOU/ECT on 05/08/2000
02:38 PM ---------------------------

	Lisa Berg Carver
	05/08/2000 11:41 AM

To: lberg@fempartners.com, John.Carver@AGNA.Zeneca.com, Christy
Sweeney/HOU/ECT@ECT, Rebecca Cowart/HOU/ECT@ECT, Becky Caudle/HOU/ECT@ECT,
Gerri Gosnell/HOU/ECT@ECT, Cassandra S Dutton/HOU/ECT@ECT, Willie
Harrell/HOU/ECT@ECT, Ana Correa/HOU/ECT@ECT
cc:
Subject: Fwd: Tidbits

This is really great, it was through my mother's death that I was blessed
with meeting Tim. The Lord is faithful and so good to us !!

MOM'S LAST LAUGH.....

Consumed by my loss, I didn't notice the hardness of the
pew where I sat.  I was at the funeral of my dearest friend - my mother.

She finally had lost her long battle with cancer. The hurt
was so intense, I found it hard to breathe at times.

Always supportive, Mother clapped loudest at my school
plays, held a box of tissues while listening to my first heartbreak,
comforted me at my father's death, encouraged me in college,
and prayed for me my entire life.

When Mother's illness was diagnosed, my sister had a new
baby and my brother had recently married his childhood sweetheart, so it fell
on me, the 27-year-old middle child without entanglements, to take care of
her. I counted it an honor.

"What now, Lord?" I asked sitting in church. My life
stretched out before me as an empty abyss. My brother sat stoically with his
face toward the cross while clutching his wife's hand. My sister sat slumped
against her husband's shoulder,
his arms around her as she cradled their child.

All so deeply grieving, no one noticed I sat alone.

My place had been with our mother, preparing her meals,
helping her walk, taking her to the doctor, seeing to her medication, reading
the Bible together. Now she was with the Lord.

My work was finished, and I was alone.

I heard a door open and slam shut at the back of the
church. Quick footsteps hurried along the carpeted floor. An exasperated
young man looked around briefly and then sat
next to me. He folded his hands and placed them on his
lap. His eyes were brimming with tears. He began to sniffle.

"I'm late," he explained, though no explanation was
necessary.  After several eulogies, he leaned over and commented, "Why do
they keep calling Mary by the name of 'Margaret'?

"0h" "Because that was her name, Margaret. Never Mary. No
one called her 'Mary,'" I whispered. I wondered why this person couldn't have
sat on the other side of the church. He interrupted my grieving with his
tears and fidgeting.

Who was this stranger anyway?

"No, that isn't correct," he insisted, as several people
glanced over at us whispering, "Her name is Mary, Mary Peters."

"That isn't who this is."

"Isn't this the Lutheran church?"

"No, the Lutheran church is across the street."   "Oh."

"I believe you're at the wrong funeral, Sir."

The solemnness of the occasion mixed with the realization
of the man's mistake bubbled up inside me and came out as laughter. I cupped
my hands over my face, hoping it would be interpreted as sobs.  The creaking
pew gave me away. Sharp looks from other mourners only made the situation
seem more hilarious. I peeked at the bewildered, misguided man seated beside
me. He was laughing, too, as he glanced around,
deciding it was too late for an uneventful exit.  I imagined
Mother laughing.

At the final "Amen," we darted out a door and into the
parking lot. "I do believe we'll be the talk of the town," he smiled. He said
his name was Rick and since he had missed his aunt's funeral, asked me out
for a cup of coffee.

That afternoon began a lifelong journey for me with this
man who attended the wrong funeral, but was in the right place.

A year after our meeting, we were married at a country church where he was
the assistant pastor. This time we both arrived at the same church, right on
time.

In my time of sorrow, God gave me laughter. In place of
loneliness, God gave me love. This past June we celebrated
our twenty-second wedding anniversary.

Whenever anyone asks us how we met, Rick tells them, "Her
mother and my Aunt Mary introduced us, and it's truly a match made in heaven."

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

Jesus said, "if you are ashamed of me," I will be ashamed
of you before my  Father."

Not ashamed Pass this on . . . only if you mean it.

Yes, I do Love God.

 He is my source of existence and Savior. He keeps me
functioning each and everyday. Without Him, I would be nothing. Without him,
I am nothing, but with Him I can do all things, through Christ that
strengthens me.  Phil 4:13

If you Love God, and are not ashamed of all the marvelous
things he has done for you. Send this to ten people and the person who sent
it to you!


Title: The Middle East  and US Policy: Notes on October 10, 2001, CERA Client Call
URL(s):

http://www20.cera.com/eprofile?u=35&m=2738;

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

THE MIDDLE  EAST AND US POLICY: NOTES ON  OCTOBER 10, 2001, CERA CLIENT CALL

This Alert is a brief summary of the Global Energy Conference call that CERA
held on October 10, 2001. The speakers were Vera de Ladoucette, Director of
Middle East Research, and James Placke, CERA Senior Associate.

*  Vera de Ladoucette addressed the political dynamics of the Middle East, by
country, in the wake of the September 11 terrorist attacks.

*  James Placke discussed a perspective on the US agenda for the war on
terrorism and outlined US goals and key elements of US strategic options.

**end**

Follow above URL for complete Alert (3 printed pages).

E-mail Category: Alert
CERA Knowledge Area(s): Global Energy

***********************************************************************
***********************************************************************
On September 17, CERA Chairman, Daniel Yergin, led a Global
Client Conference Call discussion on the potential economic
and energy industry fallout from the recent terrorist attacks
on New York and Washington DC.

The playback of this conference call is now available at on the
web at http://www.cera.com/highlights/teleconf_20010917/
or via telephone at: 1-888-203-1112 (within the United States)
or 719-457-0820 (outside the United States). Please use
confirmation number 784004 to access the call playback.
The playback is available until October 17, 2001.
***********************************************************************
***********************************************************************
CERA's Autumn 2001 Roundtable event dates and agendas
are now available at http://www20.cera.com/event
***********************************************************************

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

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This electronic message and attachments, if any, contain information
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in whole or in part, is strictly prohibited.
Terms of Use: http://www20.cera.com/tos
Questions/Comments: webmaster@cera.com
Copyright 2001. Cambridge Energy Research Associates


the most pitiful excuse for a football game that I have ever seen.  Greg
Davis needs to be fired and the young players need to play, i.e. Roy Williams
and BJ need to play more than just on third downs.


See, I do work for Cox!

Barbara Waldrop
Business Manager
Cox Radio-Houston
1990 Post Oak Blvd, Ste 2300
Houston, TX? 77056
barbara.waldrop@cox.com
713-963-1230
713-622-6708 (fax)


Is this it?  I thought we had heard it from "3 or 4" sources.

	Enron Capital & Trade Resources Corp.

	From:  Rebecca W Cantrell @ ECT                           05/24/2001 11:30 AM

To: Steven J Kean/NA/Enron@ENRON
cc: Leslie Lawner/NA/Enron@Enron, Christi L Nicolay/HOU/ECT@ECT, Joe
Hartsoe/Corp/Enron@ENRON, Linda Robertson/NA/Enron@ENRON, James D
Steffes/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron

Subject: Re: EOL

The attorney for SoCal Edison mentioned it to Randy Rich when they were
discussing the data request that SoCal Edison sent ENA/EES in the CPUC
complaint proceeding.  However, it has not been brought up in any of the
testimony filed in the case, nor raised at the hearing.

Steven J Kean@ENRON
05/23/2001 05:34 PM
To: Leslie Lawner/NA/Enron@Enron, Christi L Nicolay/HOU/ECT@ECT, Rebecca W
Cantrell/HOU/ECT@ECT, Joe Hartsoe/Corp/Enron@ENRON, Linda
Robertson/NA/Enron@ENRON, James D Steffes/NA/Enron@Enron, Richard
Shapiro/NA/Enron@Enron
cc:
Subject:

I just spoke with Clark Smith, head of Elpaso's merchant arm.  I told him
that we had been hearing that El Paso was blaming Enrononline for problems in
Western gas markets.  He asked for some more specifics about who exactly was
spreading the rumor (I told him we had heard it from 3-4 sources).  He
acknowledged that EOL was not the problem; said he couldn't believe that it
had been identified as such; and said he would bring it up on his call with
his Washington team this afternoon.

I think he will put it to rest (except for whatever damage has already been
done).  I did promise to get some more specifics on who has told us that El
Paso pointed to us.  Can anybody give some info on that?


I agree to the comments included in your fax to me of November 30 being used
in the way and in the context therein set forth.  Jim Derrick


Can you tell if the documents have been filed in the state of incorporation?

Could you send me an email with a description of what you learned about how
this done?  I know the procedures weren't followed.

Thanks,

Kay

Deb Korkmas@ECT
09/15/2000 02:16 PM
To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: Re: Midwest Energy Hub name change to enovate

Kay, they just sent the documents to us yesterday from Chicago.  I have
forwarded to corporate secretary's office for filing.  Deb

Deb Korkmas
Enron North America Corp.
ENA Legal Dept.
1400 Smith Street, Room 3819
Houston, TX  77002
Phone:  713-853-5448
Fax:  713-646-3393

	Kay Mann@ENRON
	09/15/2000 10:35 AM

		 To: Deb Korkmas/HOU/ECT@ECT
		 cc:
		 Subject: Re: Midwest Energy Hub name change to enovate

Deb,

Could you please check with the state of incorporation (I believe Delaware)
and the Corp Secretary's office to see if the papers have been processed in
both places?

Thanks,

Kay

Russell E Murrell
09/15/2000 09:03 AM
To: Deb Korkmas/HOU/ECT@ECT
cc: Kay Mann/Corp/Enron@Enron, Sheila Tweed/HOU/ECT@ECT,
gregg.penman@enron.com, Eric Thode/Corp/Enron@ENRON

Subject: Midwest Energy Hub name change

I received the name change document and it has been executed on behalf of
Peoples and Enron.  I have also received and returned some state (IL)
registration documents from you and Lillian Bailey.

My understanding is that we have done everything we need to do to effect the
entity name change to enovate, L.L.C.  Kay Mann is trying to follow up and
confirm that all of the proper paperwork is in place.

Please let me know if there is anything further I can do to facilitate the
process.

thanks,
Russell
(312) 541-1159


Instant Messenger - jpostlepc@hotmail.com


don't worry about it :)

Shanna Husser@ENRON
06/30/2000 10:58 AM
To: Eric Bass/HOU/ECT@ECT
cc:
Subject: Re: Cancun

Looks nice.  I just had my meeting with my V.P.- looks like I will be doing
my next rotation through EES tax (starts Aug 15th).  I hear it is a real good
group to work with (real smart and nice people)- but I think they put in a
lot of overtime- especially during federal compliance and some during state
compliance time.  Anyway- state compliance is in September and October- so
going before I rotate in August  might not be a bad idea- although I really
think they would let me take vacation whatever time I asked for.  Side
thought- when in the hell am I going to study for the CPA- especially since I
have NO motivation and I am about to enter a group that has lots of OT.  You
do realize that I am never going to pass that exam- and I'll probably lose my
job- and then either you or my family will just have to take care of me.  I
am feeling a little stressed/anxious today for some reason- in case you
didn't pick up on that.  I definately feel like I need a vacation.

	From:  Eric Bass @ ECT                           06/30/2000 10:23 AM

To: Shanna Husser/Corp/Enron@Enron
cc:

Subject: Cancun

check out this site.  louise starts school aug 14, so if we all go it would
have to be before then.
---------------------- Forwarded by Eric Bass/HOU/ECT on 06/30/2000 10:22 AM
---------------------------
To: Eric Bass/HOU/ECT@ECT
cc:
Subject: Cancun

Check out www.palaceresorts.com and go to Moon Palace.  Runs about $1200 for
a 3 night stay/couple.  I am not full of shit, I will do it.


---------------------- Forwarded by Elizabeth Linnell/NA/Enron on 08/18/2000
06:06 PM ---------------------------

Margaret Carson
08/18/2000 05:32 PM
To: Maureen McVicker/NA/Enron@Enron, Elizabeth Linnell/NA/Enron@Enron
cc:

Subject: 4 SLIDES FOR STEVE TO CONSIDER FOR HIS TEXAS TESTIMONY ON TUESDAY

I  am  sending you both an info  copy of the  slides  I  put together  in
response to Steve's  request today .There
is one more  slide  on electric prices  I am still developing.....   Margaret
---------------------- Forwarded by Margaret Carson/Corp/Enron on 08/18/2000
05:21 PM ---------------------------
From: Simon Shih on 08/18/2000 04:59 PM
To: Margaret Carson/Corp/Enron@ENRON
cc:

Subject:


Bob:

What is the view in general re arbitration of Brazilian companies?  Should we
expect many objections to our new policy?  Don't get many objections in the
US.

Mark

	Robert C Williams/ENRON@enronXgate
	04/02/2001 06:11 PM

		 To: Michelle Blaine/ENRON@enronXgate, John Novak/SA/Enron@Enron
		 cc: Richard B Sanders/HOU/ECT@ECT, Rob Walls/ENRON@enronXgate, Mark E
Haedicke/HOU/ECT@ECT
		 Subject: RE: Brazil Arbitration

Michelle, I did not speak with Jim or Rob about this, so I am assuming that
you did.  I think it is a good policy, although I am still not as convinced
as Sami is that the courts in Brazil will so cavalierly disregard
international arbitration provisions. Nevertheless, I think it was necessary
to change our policy from a commercial perspective; we were getting too much
resistance to foreign arbitration.  Now the question is, do we go the next
step and see if Jim will approve submitting to the jurisdiction of some
courts in Brazil which are generally reliable and free of corruption (e.g.,
Sao Paulo and Rio) if the counterparty rejects arbitration, and the largest
sum of money that would ever be in dispute would be less than $500,000?  I
think we will face that soon, so we may as well raise it now.

 -----Original Message-----
From:  Blaine, Michelle
Sent: Monday, April 02, 2001 4:41 PM
To: Novak, John; Arap, Sami; Watanabe, Luiz; Kishkill, Joe; Wiggs, Brett;
Albuquerque, Joao Carlos; Rosenberg, David; Collonges, Remi
Cc: Sanders, Richard; Williams, Robert C.; Walls, Rob; Haedicke, Mark
Subject: FW: Brazil Arbitration

FROM: MARK HAEDICKE & MICHELLE BLAINE

Effective immediately, trading contracts to be performed in Brazil between a
Brazilian Enron entity and another Brazilian entity, may contain agreements
for arbitration in Sao Paulo using the ICC administration and rules, to be
conducted in the English language as a first choice or English & Portuguese
as a second choice.  Attached is the rationale for this exception to the
policy favoring foreign arbitration and a model clause.  Legal will continue
to monitor how the Brazilian courts react to arbitration both foreign and
domestic and reevaluate the policy in 2002.  Please call Michelle Blaine if
you have any questions.

 << File: Arbitration Agreement Terms for Enron-Brazil Agreements.doc >>  <<
File: Enron-Brazilian Model Arbitration Clause.doc >>


my document is in wordperfect 8.0.  i hope you can open and convert.

 - CPV


who is this?


I would like to come to discuss several issues that I have outlined in the
accompanying
attachment.


Effective as soon as possible, I would like to cancel my Body Shop
membership.  Please let me know if I need to do anything in addition
to this email notification.

Thank for your help.

Scott Neal


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


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Has Brian had his contract yet?
--------------------------
Sent from my BlackBerry Wireless Handheld