Vince/Stinson,

The note below gives us the authorization to proceed.  I have received no
comments from Wade on my signing, but I have his approval for the study, so I
will proceed on that basis.

Since we do not have any format of confidentiality agreement from Jim, let us
use the one signed by the legal team for the Japan study by Henwood.  In this
reference, could you (Stinson) get this from either Heather Mitchell, or John
Viverito (who is the lawyer involved with Japan, reporting to Alan
Aronowitz).  We could use that as template and proceed before Friday on that
basis.

Regards,
Sandeep.
---------------------- Forwarded by Sandeep Kohli/ENRON_DEVELOPMENT on
01/03/2001 10:17 PM ---------------------------

James A Hughes
01/03/2001 11:08 PM
To: Sandeep Kohli/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Wade Cline/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: Re:

I have already given authorization to proceed.  However, I did not know we
were providing the data.  That is the thing I am looking for most - the raw
information on what the grid and stack looks like.  We need this ASAP.  How
do we get this done quickly?

Jim

Sandeep Kohli
01/02/2001 10:55 PM
To: Wade Cline/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, James A
Hughes/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:

Subject:

Wade/Jim,

My apologies for missing the conference calls yesterday and today.  I was not
able to download my messages in time for the calls, but I will be on going
forward.

While I am still on vacation, I have been in conversation with Vince and the
Research Group following up on the Henwood study we had spoken about.  We
have received a formal proposal from Henwood, and they are wanting
authorization to go forward.  The study will get us the despatch forecasts
for the next 8-10 years, and will deliver the results by January end, per
Henwood.

Vince and I have reviewed the proposal, and feel that we should proceed.  We
will be fine tuning the assignment as we go forward.  The big issue there is
the data for the model/s, and at this point Henwood is relying more on us to
provide the data.  We spoke to Henwood yesterday, and I will be on another
call with them on Friday.

I need your confirmation on the following:

That I have your approval to proceed ahead with the study
That the study shall be paid for by DPC, and if so, is it OK for me to sign
the authorization being sent by Henwood
We will need a formal confidentiality agreement to be in place by tomorrow
(Jim - if you have a particular format, please let me know)
I am leaving the issue of hourly rates and cost to the Research group since
they have more experience in dealing with groups like Henwood.  They feel the
costs are reasonable, and I will leave it at that.

We will need to collect data from the different sources we have in India, and
I have proposed that there be a formal session in India between Henwood and
the ENE team in India in the week between 10th and 15th.  This is important
to insure that there are no disconnects, and that there are no illusions on
the quality of the data that will be available.  It will also help us
formalize the scope and better define the issues.  In order to meet the
deadlines, the data will have to be in place by January 15th.

I will call Jim later today (I had called but you were on a call).  I am here
till the weekend when I leave for India.  Please let me know if this
arrangement is OK.

Regards,
Sandeep.


Anita,
No problem.

I hope she is doing OK.

Vince

 -----Original Message-----
From: 	Dupont, Anita
Sent:	Tuesday, May 29, 2001 11:17 AM
To:	Kaminski, Vince J; Crenshaw, Shirley
Subject:	Late on Friday, June 1, 2001

I have to take mother in at 8:00 AM on Friday, June 1, 2001, for another x-ray of her leg.  Hopefully, I will be back at the office by 9:30 AM.  Let me know if this is alright.  Thanks.

Regards,

Anita DuPont
Enron Research Group
713-853-0329
EB 1969


Please print the agenda for myself and fax copy to Evelyn.

Thanks.

 -----Original Message-----
From: 	Kitchen, Louise
Sent:	Monday, July 30, 2001 5:18 PM
To:	Allen, Phillip K.; Arnold, John; Arora, Harry; Baughman, Edward D.; Belden, Tim; Black, Don; Breslau, Craig; Calger, Christopher F.; Collonges, Remi; Colwell, Wes; Davies, Derek; Davis, Mark Dana; Dayao, Anthony; Deffner, Joseph; Devries, Paul; Duran, W. David; Dutt, Ranabir; Forster, David; Foster, Chris H.; Gonzalez, Orlando; Grigsby, Mike; Haedicke, Mark E.; Herndon, Rogers; Josey, Scott; Keel, Allan; Kishkill, Joe; Kitagawa, Kyle; Kitchen, Louise; Lagrasta, Fred; Luce, Laura; Martin, Thomas A.; McDonald, Michael; McMichael Jr., Ed; Miller, Don; Milnthorp, Rob; Mrha, Jean; Neal, Scott; Parquet, David; Presto, Kevin M.; Redmond, Brian; Shively, Hunter S.; Sturm, Fletcher J.; Swerzbin, Mike; Thomas, Jake; Thompson, C. John; Tricoli, Carl; Tycholiz, Barry; Vickers, Frank W.; Whitt, Mark; Wiggs, Brett; Wolfe, Greg; Zipper, Andy; Zufferli, John
Cc:	Schoppe, Tammie; Hillis, Kimberly; Hitchcock, Dorie
Subject:	Message from John and Louise - Enron Americas Management Offsite

Please find attached details for the forthcoming Enron Americas Management Offsite. There are group actions which need to be completed before arriving in Beaver Creek.
The Offsite will involve meetings, mountain biking and white water rafting (grade 3), so please bring appropriate clothing. For those who have not been rafting before appropriate clothing would be swimwear, sports shoes, hat, shorts and T-shirt. Life jackets will be provided. The accommodation will be in condominiums in Beaver Creek and room assignments are also attached below.
Transportation
The attached agenda outlines the transportation requirements for those departing from Houston. It is assumed that all members of the ESA team will also travel to and from Houston with the Houston based employees. Dorie Hitchcock will be contacting those of you separately who are not traveling to and from Houston.
Video
You each have been assigned to a group for the sole purpose of completing a video prior to attending the Offsite. The video filming should be completed and on a VHS tape prior to departure for Beaver Creek. The purpose of this video is to provide a comic interlude to the proceedings. The videos will be seen prior to dinner on Friday night at Saddleridge. The video should be about  5 minutes in length, on a VHS tape and there is a zero budget assigned to the production of the video. Each team has been given a title which is open to interpretation (see attached spreadsheet).
Please find attached the following information:
(i) Attendees and Teams for Video
(ii) Draft Agenda
Any questions or concerns should be addressed to Dorie Hitchcock (Ext 36978)
We look forward to seeing you in Beaver Creek.
John & Louise


Are they confirmations being returned to us or are they ones that the confirm
desk has questions on for us?

	Tana Jones@ECT
	03/28/2001 10:37 AM

		 To: Brent Hendry/NA/Enron@Enron, Sara Shackleton/HOU/ECT@ECT, Mark
Taylor/HOU/ECT@ECT, Carol St Clair/HOU/ECT@ECT, Susan Bailey/HOU/ECT@ECT,
Mary Cook/HOU/ECT@ECT, Samantha Boyd/NA/Enron@Enron, Robert
Bruce/NA/Enron@Enron, Stephanie Panus/NA/Enron@Enron, Frank
Sayre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Cheryl Nelson/NA/Enron@Enron,
Francisco Pinto Leite/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 cc:
		 Subject: Pulp & Paper Confirms

Reggie just brought around a whole stack of confirms of pulp & paper deals
that came into the fax area.  Is anyone looking for this stack of confirms?
If not, I'll have Reggie walk them down to Joe Hunter.


Attached please find the Security Request to have Anita DuPont added
to the Research Group Timekeepers.

She is my backup and needs to be able to do the timesheets in case I
have to be out of the office.

If you have any questions, please let me know.

Thanks!

Shirley Crenshaw
3-5290


I wish you would have sent me this BEFORE I ran into her today.  I had no
idea if you'd talked to her or not so I wasn't going to say anything and make
her made at you.  Anyway, I guess she's going to be good at keeping in quiet
b/c I didn't know if she knew or not.  And as for the admitting in front of
other people, I did tell you about this.  She asked me if you had left for
Austin yet and I said no.  And then someone asked me what I was doing for the
weekend and I said I was going Christmas shopping in San Marcos.  No mention
of you or Austin.   Oh well, I guess we'll see how long the "secret" lasts.
Was she mad at you?

Talk to ya later,
Robin


---------------------- Forwarded by Kay Mann/Corp/Enron on 08/31/2000 02:45
PM ---------------------------

	Enron North America Corp.

	From:  Kay Mann                           08/29/2000 09:57 AM

To: Brian Kerrigan/HOU/ECT@ECT, Herman Manis/Corp/Enron@ENRON, Chris
Herron/Corp/Enron@Enron, Jeffrey Keenan/HOU/ECT@ECT, Christi L
Nicolay/HOU/ECT@ECT, Mitch Robinson/Corp/Enron@Enron, Matthew F
Gockerman/HOU/ECT@ECT, Reagan Rorschach/NA/Enron@Enron, John
Moore/Corp/Enron@Enron
cc: Heather Kroll/HOU/ECT@ECT

Subject: Enron/VEPCO CEC

Here's the current redline, incorporating most of the comments made last
week.

Herman, the language to address your biggest issue is in 2.3, page 7 on the
marked version.

Thanks,

Kay

---------------------- Forwarded by Kay Mann/Corp/Enron on 08/29/2000 09:51
AM ---------------------------

"David Parr" <dparr@bracepatt.com> on 08/28/2000 01:12:54 PM
To: <heather.kroll@enron.com>, <kay.mann@enron.com>, <ozzie.pagan@enron.com>
cc: "Nancy Wodka" <nwodka@bracepatt.com>

Subject: Enron/VEPCO

Attached please find the latest version o fthe VEPCO agreement.  I have also
attached a version that has been processed through CompareRite against Kay's
August 15th version.

Feel free to call Nancy with questions and comments on 202-828-5862.

D. David Parr, Jr., Esq.
Bracewell & Patterson, L.L.P.
2000 K Street NW, Suite 500
Washington, D.C.  20006-1872
202-828-5800 Telephone
202-857-2122 Facsimile

 - CLEAN VEPCO PPA.doc
 - COMPARERITE VEPCO PPA.rtf


Call me I got a question


Hi.

How's it going?

Any more thoughts on tomorrow night?  We could ask your mother to sit for a
little while.  I think it is pretty neat to get invited to the Enron one.

The head of the power trading legal group stopped by and said to let her know
if I ever want to change groups.  I thought that was nice.

I'm contemplating doing something special with Michael over spring break.  I
figure you guys have lots of "guy only" stuff coming up, but there aren't a
lot of "mom/son" opportunities.  (be realistic)  Maybe we should take a
Disney cruise, since that's something you wouldn't like to do.

Love,

ckm


I am hoping we can prevail upon you two for your customary, if not always
cheery, review of macroeconomic trends.

Please let me know.


I would very much like your help on this.  I agree that we should follow up
on the others and if it doesn't work, then pursue some Bush people.  the
evening before for Pres -elect Bush is a good idea too; can yu follow up?

	Linda Robertson
	12/19/2000 09:07 AM

		 To: Steven J Kean/NA/Enron@Enron
		 cc:
		 Subject: Business Council

I talked to Phil Cassidy.  The meeting dates cannot be moved, as you probably
suspected.  I would suggest that we make calls to find out the availability
of the congressional leaders given that they will likely be in recess.
Gephardt has already declined.  Once we know their status, we may want to
consider inviting key members of the Bush Cabinet.  We may want to also
explore the availability of key Committee Chairs.  Phil also noted that we
should consider having the President-elect during the evening program of Feb.
21.  Let me know if you want us to handle next steps from DC.


News Briefs:

Reliant Energy Plans to Form Two Public Companies

Reliant Energy said it plans to file with the Texas Public Utility
Commission a business separation plan under which it would divide into two
publicly traded companies to separate its unregulated businesses from its
regulated businesses.

The company plans an initial public offering of approximately 20% of the
common stock of its unregulated operations late this year or early in 2001,
assuming market conditions remain favorable. The company expects the IPO to
be followed by a distribution to shareholders of the remaining stock of the
unregulated company within 12 months. The remaining businesses, which are
predominately regulated, will be structured as a holding company.

The unregulated company will own Reliant Energy's unregulated power
generation and related energy trading and marketing operations, its
unregulated retail businesses, which currently include energy,
telecommunications and internet services, and the company's European
electric generating and trading/marketing operations. The plan also
contemplates that in 2004 the unregulated company will receive from the
regulated company cash equal to the market value of the regulated company's
interest in its Texas regulated generation operations. In addition, the
unregulated company will have an option to purchase the regulated company's
interest in these operations at a price equal to the market value.

The regulated company will include Reliant Energy's electricity and natural
gas companies, which serve about four million customers in the U.S. and
include Reliant Energy HL&P/Entex, Reliant Energy Arkla, Reliant Energy
Entex and Reliant Energy Minnegasco. Other operations in the entity will
include its U.S. interstate pipelines, its interests in Latin America and,
initially, its Texas regulated generation.


Hey Jim,

While I was out on vacation last week, Patrick unwound some positions that
brought Westpark onto the radar screen.  Not having my understanding or
knowledge of this relationship, the credit analyst looking at the trades
asked the market risk to run a 5-day VAR.  Excluding December, the open
position (which later was completely unwound) had positive 5-day VAR that
exceeded the collateral being held, i.e. $1.5MM.  Because Patrick did
eventually close out his position while deep in the money, their is no credit
risk on any of his business.  However, combing the volatile nature of this
price environment (prompt, gas daily being so dramatic), large volumes, and
one sided nature of trading, we are now uncomfortable with the $300M/Bcf rule.

Until the market calms a bit, what was once quoted as $300M for each Bcf
open, is now $1MM for each Bcf open.  This collateral to be posted upfront.
By increasing this multiple, we should easily be able to stay within the 99th
percentile of probable VAR.

Please communicate this strategy to Patrick and let me know if you would like
to schedule a meeting to further discuss.

thanks
brant


We are sitting in Weil's offices, waiting to negotiate. Unfortunately we do not know what the deal is. We are waiting on the higher ups to fill us in on what we are negotiating.

Unclear whether dyn is in and the total deal is for 750mm, or dyn is out and it is a $500mm transaction.
We'll let you know

Mitch
--------------------------
Sent from my BlackBerry Wireless Handheld


Can you do mine?

 -----Original Message-----
From: 	Hennessy, Sonia
Sent:	Friday, February 01, 2002 9:13 AM
To:	Allen, Thresa A.; Botello, Rose; Brown, Lisa; Cashion, Jim; Cason, Sharen; Chapman, Tom; Confer, Mark; Dahlke, Andrea; Denton, Rhonda L.; Durham, Kim; Estrada, Israel; Evans, Casey; Grace, Rebecca M.; Harmon, Kayla; Hennessy, Sonia; Indelicato, Kimberly; Jacobson, Michael; Lew, Elsie; Lewis,  Jon Paul; Mansfield, Marci; Metoyer, Evelyn; Minnis, Sabrina; Murphy, Melissa; Piwetz, Stephanie; Reeves, Leslie; Robinson, Rhonda; Smith, Katina; Stevens, Martha; Thompson, Kerri; White, Stacey W.; Williams, Gwendolyn
Subject:	Timecard Reminder

This is just a reminder that
timecards need to be submitted no
later than 3pm today (Friday, 2-1).
Please remember to document your holiday for January 21st
(Martin Luther King Day) as a Company Observed Holiday.
**Also don't forget to document any
vacation or discretionary holiday that you have taken. **

Thanks,
Sonia Hennessy
Enron Networks
Phone# 713-345-4858
Fax# 713-646-2443
Location:  EB3103g
sonia.hennessy@enron.com


A;0042306;PPRSDNTS  ;014;008;N;Danny McCarty;Danny McCarty - (Approved);

;@@@@@@@@@


[IMAGE]	 	[IMAGE]	[IMAGE]

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Attached are revised drafts of the Purchase Option Assignment and
Assumption Agreements for the Pastoria and S&S ADAs.

Regards,

Rob Taylor
Andrews & Kurth L.L.P.
600 Travis Street
Suite 4200
Houston, Texas  77002

Tel: (713) 220-4436
Fax: (713) 238-7273
e-mail: robtaylor@andrews-kurth.com

This e-mail is privileged and confidential and is intended only for the
recipient(s) named above.  If you are not the intended recipient, please
(i) do not read, copy, use or disclose the contents hereof to others
(any of the foregoing being strictly prohibited), (ii) notify the sender
immediately of your receipt hereof, and (iii) delete this e-mail and all
copies of it.

 <<LM6000 Compare.DOC>>  <<Purchase Option Assignment and Assumption
Agreement - Pastoria.DOC>>
 - LM6000 Compare.DOC
 - Purchase Option Assignment and Assumption Agreement - Pastoria.DOC


STOREY, GEOFFREY C,

You have been selected to participate in the Mid Year 2001 Performance Management process.  Your feedback plays an important role in the process, and your participation is critical to the success of Enron's Performance Management goals.

To complete a request for feedback, access PEP at http://pep.enron.com and select Complete Feedback from the Main Menu.  You may begin providing feedback immediately and are requested to have all feedback forms completed by Friday, May 25, 2001.

If you have any questions regarding PEP or your responsibility in the process, please contact the PEP Help Desk at:
Houston:  1.713.853.4777, Option 4 or email: perfmgmt@enron.com
London:  44.207.783.4040, Option 4 or email: pep.enquiries@enron.com

Thank you for your participation in this important process.

The following is a CUMULATIVE list of employee feedback requests with a status of "OPEN."  Once you have submitted or declined an employee's request for feedback, their name will no longer appear on this list.  NOTE: YOU WILL RECEIVE THIS MESSAGE EACH TIME YOU ARE SELECTED AS A REVIEWER.

Employee Name:
AMES, CHARLES
GUGGENHEIM, VICTOR
PEHLIVANOVA, BILIANA
WEI, ZHIYONG


Hey.  I went on a company outing to Aransas Pass last week.  Left Wed afternoon and got back Friday afternoon.  One of the pipelines I deal with has a hunting and fishing lodge down there.  It was nice.  I caught 2 redfish - both keepers too!  The guide would bait my hook and throw it in the water.  All I had to do was sit there and look pretty till the fish started biting.  I could really get used to that sort of thing.

The fishing guide said I should expect to pay about $1,000/ft for my fishing boat.  I guess my boat will only be about 4 ft long.   Keep looking for my BOAT.

Let's see - the ex wife came in from Denver for a wedding Friday night.  She stayed with me all weekend.  I took her to the airport this morining.  Things went pretty well - no romance, just good friends.  I introduced her to my girlfriend - we all had lunch together.  That was a little odd.

Nothing else going on.  I'll try to have an update on the legal stuff by Wed.

Later Gator.


Enron has consented to allow the Federal Bureau of Investigation to search the Enron Building and to interview employees regarding allegations of document destruction.  The company encourages all employees to fully cooperate with the FBI.

The company has retained Michael Levy and his law firm Swidler, Berlin, Shereff, Friedman, to advise any employee regarding this matter and to be present with them during any interviews by government investigators.  If you would like to speak with an attorney, please contact Ned Crady of the Legal Department at 3-4558 or contact Michael Levy's office in Washington, D.C. at 202-295-8414 and they will direct you to him here in Houston.


Why don't you fax that letter up to me so I can figure out what it is,
646-3490...
---------------------- Forwarded by Tana Jones/HOU/ECT on 01/11/2000 01:51 PM
---------------------------

Susan Flynn
01/11/2000 01:46 PM
To: Tana Jones/HOU/ECT@ECT
cc: Larry Joe Hunter/HOU/ECT@ECT
Subject: Legal Question

 Tana - pleas handle.   Thank you!

Joe - FYI -  All issues regarding online trading should addressed to Tana
Jones - she is the online key contact.

---------------------- Forwarded by Susan Flynn/HOU/ECT on 01/11/2000 01:45
PM ---------------------------

	From:  Larry Joe Hunter                           01/11/2000 01:41 PM

To: Susan Flynn/HOU/ECT@ECT
cc:
Subject: Legal Question

Susan,

We have notified Bank of Montreal of our intentions not to verbally confirm
any deals in which we have done through a broker or through Enron Online.
BOM has therefore sent us a letter which confirms this for their auditing
purposes which they would like for us to sign.  We want to make sure Legal is
OK with us signing something like this before we send it back to them.  Let
me know if you want to see the Letter.

Thanks,
joe


We don't know yet.  He has been invited and we expect most will show up, but
we won't know until they do.

	Enron Energy Services

	From:  Karen Owens                           07/20/2000 09:04 AM

To: Steven J Kean/HOU/EES@EES
cc:
Subject: Re: Houston City Officials Reception - July 31st

Is Gordon Quan attending?


I need 2 cases of Thin Mints and 6 packages of Shortbread.  I'm planning to
go to the reorder station Friday afternoon unless someone has extras.

Thanks,

Susan Pereira

susan.w.pereira@enron.com
713-853-3229 (wk)


We just received this revised draft of the rulemaking.


Brad and John:
We have not sent out the ISDA draft on energen because I need calrification
on the following points:

1. Is the $75MM Guaranty cap meant to cover both physical and financial
combined or are we doing separate Guarantys each with a $75MM cap amount?

2. How does the $50MM collateral threshold work?  I noticed in the physical
master that it appears as if we subtract from the $50MM threshold our
exposure under the ISDA to arrive at the Counterparty's threshold, although
the language in the physical says "the exposure" and it is not clear whose
exposure they are talking about.  Is that how it is suppposed to work?

Carol


Sami:

Does this change in treatment of financial trading open up significantly more
trading opportunities for Enron?

Mark

	Sami Arap@ENRON
	04/16/2001 08:34 AM

		 To: Mark E Haedicke/HOU/ECT@ECT
		 cc:
		 Subject: Re: Financial Trading in Brazil

Mark;

The Brazilian Central Bank created a structure of access to the interest
rate, currency and commodity swaps international market that is based on 3
main points as follows:

payments and receipts arising from hedging modes  (trading on the offshore
stock market as well as on the forward, futures and option markets) as well
as remittances to or from abroad inherent to these transactions (spread,
commissions, premiums and so on) will be effected in foreign currency upon
prompt closing of exchange on the commercial exchange market;
remittances intended for the opening of current accounts with brokerage
companies abroad as well as for deposits of collateral margins are permitted;
and
upon preliminary approval by the Central Bank, remittances abroad intended
for collateral and escrow deposits linked to interest rate and currency swaps
can be effected.

The key issue of this structure is that the income tax on remittances to
overseas that can be demonstrated to be remittances usual, normal and
necessary for hedging transactions on the international market can be reduced
by 100%.  In addition to any positive results for the foreign institutions
from these operations, the spread, commissions, premiums, and other related
sums. when remitted abroad, will not be subject to any income tax
withholdings.  With respect to the tax treatment of losses that Brazilian
companies may incur as a result of hedging operations, such losses may be
deductible for the purpose of determining taxable profits, only in the event
that they occur in investments on exchanges abroad.  If these transactions
are not carried out on such exchanges, the losses will not be deductible when
determining the taxable profits.

Brazilian entities are not prevented to enter into swap or other derivative
transactions on the international market in case they do not meet the
requirements established above.  The consequences, however, will be the
following:

payments and receipts arising from such transactions as well as remittances
to or from abroad inherent to these transactions could not be effected in
foreign currency upon prompt closing of exchange on the commercial exchange
market, but only through mechanisms available in the or related to the
floating (or "tourism") exchange rate;
the inflow of foreign currency through the floating rate market would be
subject to IOF (tax on financial transactions) assessed at the rate of 2% on
the Brazilian currency equivalent of the foreign funds entering Brazil;
remittance of any amounts that are considered income of a foreign resident
shall be subject to withholding income tax at 15% or at a reduced rate if the
creditor is domiciled in a country  with which Brazil has entered into a
double taxation treaty .

To the best of my knowledge, you will appreciate that the ISDA Master
Agreement has been widely used by foreign swap dealers with Brazilian
counterparties.

Rgds,

Sami

From: Mark E Haedicke@ECT on 04/11/2001 02:47 PM CDT
To: Sami Arap/SA/Enron@ENRON
cc:

Subject: Re: Financial Trading in Brazil

Sami:  What is the net net of the new policy?

	Sami Arap@ENRON
	04/10/2001 03:36 PM

		 To: Brent Hendry/NA/Enron@Enron, Mark Taylor/HOU/ECT@ECT, Alan
Aronowitz/HOU/ECT@ECT, Elizabeth Sager/HOU/ECT@ECT
		 cc: Mark E Haedicke/HOU/ECT@ECT
		 Subject: Financial Trading in Brazil

 - CHAR5.DOC
 - M2689III.DOC


---------------------- Forwarded by Judy Hernandez/HOU/ECT on 04/19/2000
02:02 PM ---------------------------

"SOCORRO HERNANDEZ" <SUHERNAN@LLGM.COM> on 04/07/2000 09:26:35 AM
To: <Judy.Hernandez@enron.com>, <IRENEpepe@hotmail.com>,
<silviamanzanales@hotmail.com>, "A. SUE GONZALES-GUEVARA"
<AGUEVARA@LLGM.COM>, "JESSICA VEGA" <JVEGA@LLGM.COM>, "KATHY MARIE MOORE"
<KMOORE@LLGM.COM>, "MARIA SOLIZ" <MSOLIZ@LLGM.COM>, "VALERIE WALLACE"
<VWALLACE@LLGM.COM>
cc:
Subject: THE BEST THINGS IN LIFE

* THE BEST THINGS IN LIFE *
 >> > >
Falling in love.
Laughing so hard your face hurts.
Hot shower.
No lines at the Super Walmart.
A special glance.
Getting mail.
Taking a drive on a scenic road.
Hearing your favorite song on the radio.
Lying in bed listening to the rain outside.
Hot towels out of the dryer.
Finding the sweater you want is on sale for half price.
Chocolate milkshake.
A long distance phone call.
A bubble bath.
Giggling.
A good conversation.
The beach.
Finding a $20 bill in your coat from last winter.
Laughing at yourself.
Midnight phone calls that last for hours.
Running through sprinklers.
Laughing for absolutely no reason at all.
Having someone tell you that you're beautiful.
Laughing at an inside joke.
Friends.
Falling in love for the first time.
Accidentally overhearing someone say something nice about you.
Waking up and realizing you still have a few hours left to sleep.
Your first kiss.
Making new friends or spending time with old ones.
Playing with a puppy.
Late night talks with your roommate
Having someone play with your hair.
Sweet dreams.
Hot chocolate.
Road trips with friends.
Swinging on swings.
Watching a good movie cuddled up on a couch with someone you love.
Wrapping presents under the Christmas tree while eating cookies and drinking
eggnog.
Song lyrics printed inside your new CD so you can sing along without feeling
stupid.
Going to a really good concert.
Making eye contact with a cute stranger.
Making chocolate chip cookies!
Hugging the person you love.
Watching the expression someone's face as they open a much-desired present
from you.
Watching the sunrise.
Getting out of bed every morning and thanking God for another beautiful day.
 >> > >
PASS ON THESE NATURAL HIGHS TO AT LEAST 7 PEOPLE IN THE NEXT HALF HOUR AND
GOOD-LUCK WILL COME TO YOU IN THE NEXT FEW HOURS!!

Many people will walk in and out of your life, but only true riends
will leave a footprint in your heart.

 >=====
 >"Deep inside the heart of every man there lies a deep, yawning chasm which
can only be filled by the one true God."


Dan usually has peanuts.  I need to replace his.

-----Original Message-----
From: neil mann [mailto:nmann@erac.com]
Sent: Monday, November 19, 2001 10:26 AM
To: Mann, Kay
Subject: RE: sam's

peanuts, not cashews?

-----Original Message-----
From: Mann, Kay [mailto:Kay.Mann@ENRON.com]
Sent: Monday, November 19, 2001 10:18 AM
To: nmann@erac.com
Subject: sam's

please add a box of packaged peanuts

thanks

**********************************************************************
This e-mail is the property of Enron Corp. and/or its relevant affiliate and may contain confidential and privileged material for the sole use of the intended recipient (s). Any review, use, distribution or disclosure by others is strictly prohibited. If you are not the intended recipient (or authorized to receive for the recipient), please contact the sender or reply to Enron Corp. at enron.messaging.administration@enron.com and delete all copies of the message. This e-mail (and any attachments hereto) are not intended to be an offer (or an acceptance) and do not create or evidence a binding and enforceable contract between Enron Corp. (or any of its affiliates) and the intended recipient or any other party, and may not be relied on by anyone as the basis of a contract by estoppel or otherwise. Thank you.
**********************************************************************


I've made a tentative reservation on Continental to leave Thursday, Dec. 20,
at 5:50 pm, stop in Cleveland (no change) and arrive in Houston at 10:33 pm.
Return (first class!) on Sunday, Dec. 30, at 10:50 am, change in Cleveland,
and arrive Manchester at 5:03 pm. How about making a reservation to fly back
with me (you can always cancel) and return whenever. It cheers me just to
know that you'd even consider this. You need the break and I could use the
company!! I know you'd love Deb (friend/tenant) and she you, and ditto for
Gracie. Let me know your thoughts.
Love,
Sandy


Kam and I tested all of our macros and the Benchmark reports would not run.  This was about a week and a half ago and we have not heard back from Cecillia on this issue.  We do not feel comfortable signing off on Oracle 8i if this issue is not resolved.  Thanks.
PL

 -----Original Message-----
From: 	Husain, Karima
Sent:	Friday, July 27, 2001 9:50 AM
To:	Abel, Chris; Araujo, Thomas; Baumbach, David; Brackett, Debbie R.; Brown, Matt A.; Giron, Darron C.; Glover, Sheila; Gossett, Jeffrey C.; Hanson, Kristen J.; Harrell, Willie; Hernandez, Nancy; Ihrig, Chad; Jacobsen, John; Keiser, Kam; Lafave, Jill; Lombardi, Kelly; Love, Phillip M.; Mao, Shari; McLaughlin Jr., Errol; Prejean, Frank; Sorenson, Jefferson D.; Sweeney, Kevin; Swinney, John; Vasan, Sue; Venturatos, Steve; Bowen, Bob; Brogan, Theresa T.; Chew, Carol; Cross, Richard; Dawes, Cheryl; Denny, Jennifer; Fondren, Mark; Gillis, Brian; Groves, Eric; McIntyre, Burton; Moorer, Torrey; Hunter, Larry Joe; Nicoll, Kenny; Reeves, Kathy; Stevens, Martha; Tan, Gladys; Taylor, Dimitri; Torres, Carlos; Wlodarski, Patryk; Sharma, Shifali; Hall, D. Todd; Dinh, Christine; Varma, Rajiv; Sharma, Larrissa
Cc:	Krishnaswamy, Jayant; Fortney, Bill; Nolte, Ron; Ramesh, Ganapathy; Powell, John D.; Luu, Duong; Gupta, Sanjay; Schomer, Chris; Dunsmore, Ken; Onggowidjaja, Jennifer; Sanvido, Terry; Wisemiller, Cindy; Brewer, Charles; Hsieh, Alex; Fisher, Stephen; Alexander, Kim D; Brockhan, Richard; Lee, Kevin; DL-TAGG ERMS
Subject:	Reminder:  Sign-off form for ERMT database migration

All,

This is a reminder that the sign-off forms are due by COB, Wednesday, August 1.

For those who have submitted the sign-off forms, thanks!!

Best regards,
Karima
 -----Original Message-----
From: 	Husain, Karima
Sent:	Wednesday, July 18, 2001 11:13 AM
To:	Abel, Chris; Araujo, Thomas; Baumbach, David; Brackett, Debbie R.; Brown, Matt A.; Giron, Darron C.; Glover, Sheila; Gossett, Jeffrey C.; Hanson, Kristen J.; Harrell, Willie; Hernandez, Nancy; Ihrig, Chad; Jacobsen, John; Keiser, Kam; Lafave, Jill; Lombardi, Kelly; Love, Phillip M.; Mao, Shari; McLaughlin Jr., Errol; Prejean, Frank; Sorenson, Jefferson D.; Sweeney, Kevin; Swinney, John; Vasan, Sue; Venturatos, Steve; Bowen, Bob; Brogan, Theresa T.; Chew, Carol; Cross, Richard; Dawes, Cheryl; Denny, Jennifer; Fondren, Mark; Gillis, Brian; Groves, Eric; McIntyre, Burton; Moorer, Torrey; Hunter, Larry Joe; Nicoll, Kenny; Reeves, Kathy; Stevens, Martha; Tan, Gladys; Taylor, Dimitri; Torres, Carlos; Wlodarski, Patryk; Sharma, Shifali; Hall, D. Todd; Dinh, Christine; Varma, Rajiv; Sharma, Larrissa
Cc:	Krishnaswamy, Jayant; Fortney, Bill; Nolte, Ron; Ramesh, Ganapathy; Powell, John D.; Luu, Duong; Gupta, Sanjay; Schomer, Chris; Dunsmore, Ken; Onggowidjaja, Jennifer; Sanvido, Terry; Wisemiller, Cindy; Brewer, Charles; Hsieh, Alex; Fisher, Stephen; Lee, Kevin; Alexander, Kim D; DL-TAGG ERMS; Brockhan, Richard
Subject:	ERMT migration to Oracle 8i postponed

All,

The ERMT database migration to Oracle 8i has been postponed to Saturday, August 11, 2001.

In the meantime, we request you to please continue to test your production code on egsdevel.  Please test ALL your Excel and Access files, and make sure that you're using the Oracle 8i driver for ODBC.

Attached please find the copy of the sign-off form for the Oracle 8i upgrade.  If you haven't done so already, please send the signed form by Wednesday, August 1, via interoffice mail to my attention at EB2512D.

 << File: Sign off Form for Oracle 8i Upgrade testing.doc >>

For users in Houston:  the floor support person will continue to check up in your area(s) to answer questions related to testing.

For users outside of Houston:  please contact us immediately via phone or email, if you encounter any problems with your testing.

Thank you so much for your cooperation and support.

Best regards,

Karima Husain


Good Morning!

Bottom line: No Changes.

For the near term (1-5), we see some cool anomalies arriving into the Dakotas by Monday already, with highs in the Dakotas in the mid-30s and lows in the mid-teens.By Tuesday, Texas and the Midwest will be in the below normal category, with Dallas overnights in the mid-30s (normal low 43), Houston's low in the mid-40s (normal upper-40s) and Chicago will freeze, with a mid-20 overnight.  Progressing into the Northeast by wednesday, Philly and New York will get into the below normal category, but 5 or 6 degree anomalies are most likely.  Looks like a three day event as it moves easterly and then is followed by moderation into the...

6-10 Day time period, which will see a cool shot over the Midwest/East towards next weekend, moderating again by early the following week. Then, early in the...

11-15 Day time period, more cool air moves in, beginning with central cooling, then even into the Southeast.

So, with normals dropping across the nation, this first cool air anomaly event arriving in the Midwest by Tuesday will elevate the nation's gas demand requirements into the 60 Bcf/d plus regime from here on through the winter.  Here's the strip beginning with today:

Sat 	11/17	47 Bcfd
Sun	11/18	52 Bcfd
Mon	11/19	55 Bcfd
Tue	11/20	67 Bcfd
Wed	11/21	69 Bcfd
Thu	11/22	65 Bcfd
Fri	11/23	65 Bcfd
Sat	11/24	63 Bcfd
Sun	11/25	63 Bcfd
Mon	11/26	65 Bcfd
Tue	11/27	65 Bcfd

Till tomorrow,

The Weather Team


Groovy
--------------------------
Sent from my BlackBerry Wireless Handheld


i get it


I think it's a good idea, but we will need a different summary ... either
limit the summary to a couple of key points or provide an explanation, in
layman's terms, of the practical effect of each of the changes.

Cindy Olson
04/26/2001 01:46 PM
To: Steven J Kean/NA/Enron@Enron
cc:

Subject: Pension Reform Bill

Steve, what do you think?????
---------------------- Forwarded by Cindy Olson/Corp/Enron on 04/26/2001
01:42 PM ---------------------------

Mikie Rath
04/26/2001 01:12 PM
To: Cynthia Barrow/HR/Corp/Enron@ENRON, Cindy Olson/Corp/Enron@ENRON
cc:

Subject: Pension Reform Bill

What do you think of us sending out a U.S. Domestic employee mass e-mail
asking our participants to lobby
for passage of this very important bill.  I tried to make it more interesting
than dry toast.

Let me know since this is heating up as you can see from the bulletin just
received below.

p.s.  Obviously, I didn't get in enough protesting during my hippie years!

"In related news, the House Ways and Means Committee voted
35 to 6 to expand tax breaks for retirement savings plans.
The bill, which will go to the full House next week, would
increase the contribution level for IRAs from $2,000 to
$5,000, increase the annual dollar limits for 401(k) plans,
and allow employees over age 50 to "catch up" on pension
contributions they may have skipped when they were younger.
(The New York Times, 04/27/2001, National ed., p. A16; The
Wall Street Journal, 04/27/2001, Midwest ed., p. A22 ; The
Washington Post, 04/27/2001, p. A1)"


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 03/02/2001
11:28 AM ---------------------------
From: Joseph Hrgovcic/ENRON@enronXgate on 03/02/2001 10:50 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Lacima group -- weather slides

Vince,

 Here are the slides you requested.

Joe


Susan:  Please prepare a draft ISDA for the above parties with:  (1)  no CSA
and (2)  bilateral cross-default at US$100 million.  I am presently reviewing
CP comments to the ENA master and may have some changes for you tomorrow.  We
will send this out on Tuesday.

Clint:  First Union Securities Inc. is the bank's marketing arm and is NOT
the correct ISDA counterparty.

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


I'll be in air (to Houston) at that time tomorrow.  Harry can you attend EES
(San Diego team call)?
Best,
Jeff


Bart Clark and I are Juvenille Diabetes Walk to Cure Diabetes team leaders
again this year.  The ENA Legal JDF walk team was outstanding last year.  We
can do even better this year for this very worthy cause.  The Juvenile
Diabetes Foundation was founded in 1970 by the parents of children with
diabetes.  Their mission: to find a cure for the disease and its
complications through the support of research.  JDF is on of the nation's
most cost-efficient charities, providing at least 80 cents on every dollar to
research and education about research.

This year's Walk is Sunday November 5, 2000 at Sam Houston Race Park.  The
Enron Walk team is one of the biggest and is absolutely the BEST in the
nation.  Every walker raising $25 and every contributor of at least $25 will
get an Enron JDF T-shirt.   If you can walk please sign up (the list is at
Bart's office) as soon as possible.  The walk is always a  wonderful time.
If you can't walk, EVERY contribution is greatly apprectiated.  Call with any
questions.

 Shonnie Daniel  x31463       Bart Clark x36119


John,

FYI

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 11/29/2000
10:09 AM ---------------------------

"Dale M. Nesbitt" <dale.nesbitt@worldnet.att.net> on 11/28/2000 11:56:58 PM
Please respond to <dale.nesbitt@marketpointinc.com>
To: "Vincent Kaminski" <Vince.J.Kaminski@enron.com>
cc:
Subject: Test Project Proposal

Vince:

I did get the proposal out today, but after close of business your time.
Sorry for the brief delay.  You will find two attachments.  The first is our
time and materials contract, which will need to be executed if you want to
do the test project.  The second is an addendum to that time and materials
contract under Section H, which allows for specific work statements to amend
and supersede the general consulting agreement.  The general consulting
agreement (termsandconditions.doc) contains all the confidentiality, billing
rate, and other provisions that your contract people will probably want and
provides a general framework for doing business.  The work statement
(testproject.doc) contains the specific provisions for our standard weeklong
onsite test project.

I hope we get the opportunity to serve you and ultimately to make
MarketPoint available to you.  In light of the contiguity to the holidays, I
dont think it would be realistic to try to schedule this test project before
then, probably from your perpsective as well as ours.  Let's think about
doing it the first opportunity in January if you decide to go forward if
that is OK with you.

All the best.
Dale

 - testproject.doc
 - termsandconditions.doc


Per your request.


Here's the Fortune link...

http://www.fortune.com/indexw.jhtml?channel=list.jhtml&list_frag=list_5columns_powerwomen.jhtml&list=22&_requestid=3612


I checked on the status of this today...
Mine shipped on the 9th of November...
However, its not trackable... I'm thinking it might have made it to my house today? That, or its lost.
Did you get yours yet?
T


---------------------- Forwarded by John Arnold/HOU/ECT on 03/06/2001 07:48
AM ---------------------------
From: Ann M Schmidt@ENRON on 03/05/2001 08:23 AM
To: Ann M Schmidt/Corp/Enron@ENRON
cc:  (bcc: John Arnold/HOU/ECT)
Subject: Enron Mentions - 03-04-01

Utility Deregulation: Square Peg, Round Hole?
The New York Times, 03/04/01

3 Executives Considered to Head Military
Los Angeles Times, 03/04/01

Bush leaning toward execs for military
The Seattle Times, 03/04/01

Enron's Chief Denies Role as Energy Villain / Critics regard Kenneth Lay as
deregulation opportunist
The San Francisco Chronicle, 03/04/01

Enron boss says he's not to blame for profits in energy crisis
Associated Press Newswires, 03/04/01

The Stadium Curse? / Some stocks swoon after arena deals
The San Francisco Chronicle, 03/04/01

Money and Business/Financial Desk; Section 3
ECONOMIC VIEW
Utility Deregulation: Square Peg, Round Hole?
By JOSEPH KAHN

03/04/2001
The New York Times
Page 4, Column 6
c. 2001 New York Times Company

WASHINGTON -- IN the forensic pursuit of what caused California's power
failure, the Bush administration, the energy industry and many analysts have
granted immunity to deregulation.
Robert Shapiro, a managing director of Enron, the giant electricity marketer,
says the California mess should in no way affect deregulation in other
states, ''because California didn't really deregulate.'' Spencer Abraham, the
new energy secretary, said Californians simply goofed, setting up a
''dysfunctional'' system. It is the way California deregulated, not
deregulation itself, that should take the blame, they say.
Yet some economists argue that California's troubles should inform the debate
about whether -- not just how -- to deregulate. Among them is Alfred E. Kahn,
the Cornell University economist who helped oversee the creation of free
markets in the rail, trucking and airline industries.
''I am worried about the uniqueness of electricity markets,'' Mr. Kahn said.
He is still studying whether the design flaws in California's market explain
the whole problem. But he is sounding a note of skepticism.
''I've always been uncertain about eliminating vertical integration,'' he
said, referring to the old ways of allowing a single, heavily regulated power
company to produce, transmit and distribute electricity. ''It may be one
industry in which it works reasonably well.''
Mr. Kahn's comments might sound a little heretical. When this former Carter
administration official was pushing deregulation, it was still a novel and
politically risky concept. Today, getting government out of most businesses
is part of the Washington economic canon.
Moreover, few people believe that California, the first state to overhaul its
electricity sector from top to bottom, has proved a good laboratory. To
satisfy interest groups, the markets were designed in an awkward way, which
soured some deregulation experts on California before the first electron went
on the auction block.
Among the quirks: The state required utilities to buy nearly all their power
on daily spot markets, rather than arranging long-term contracts that might
have allowed them to hedge risk. Consumer prices were also fixed, making it
impossible for utilities to pass on higher wholesale costs.
Paul L. Joskow, an expert on electricity markets at the Massachusetts
Institute of Technology and a former student of Mr. Kahn's, remains hopeful
that the kinks can be ironed out.
In New England and the the Middle Atlantic states, as well in as Britain,
Chile and Argentina, all places that have restructured electricity markets,
regulators have had to adjust market rules to correct flaws. They have found
ways to check the tendency of power sellers to exploit infant markets and
charge high prices, Mr. Joskow said.
Regulators have also had to establish new markets that, through price
signals, encourage power companies to build enough generating capacity so
that they have reserves for peak hours. During peak hours, shortages and
price spikes can substantially raise average prices.
''If they can do it in Britain, Chile and Argentina, then I think we can do
it here,'' Mr. Joskow said.
Still, he warns that proper regulation requires tough political choices.
Allowing high prices to pass through to consumers is one. Making sure
Nimbyism does not prevent the construction of power plants is another.
''The political system must rise to the task,'' Mr. Joskow said, or the ''old
way might be the best we can do.''
Mr. Kahn knows a bit about the old way. In the mid-1970's, he headed the New
York Public Service Commission, which oversaw electricity and other regulated
industries. The drawbacks were legendary. Local utilities had an endemic
tendency to overestimate demand to justify new power plants, for which
consumers paid through steady rate increases. Nearly everyone assumed that
competition would slash prices.
But though free markets do a better job managing rail, phone and airline
prices, they have yet to match regulators' ability to juggle the complexities
of electricity, Mr. Kahn said.
Regulators tended to apply heavy political pressure on utilities to keep
prices as low as possible and profit margins steady but thin. The vertical
integration of electricity monopolies may have also had advantages, Mr. Kahn
said. Engineers coordinated power plants and transmission lines in ideal
ways. Planners who saw the need for new plants helped find a place for them
to be built. ''The players all depended on one another,'' he said.
California has probably not derailed deregulation efforts. But it has made
people wonder anew whether market forces work for kilowatts as they do for
widgets.

Photo: Alfred E. Kahn

Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.

National Desk
3 Executives Considered to Head Military
From Associated Press

03/04/2001
Los Angeles Times
Home Edition
A-25
Copyright 2001 / The Times Mirror Company

WASHINGTON -- Three corporate executives are under consideration to lead the
Air Force, Army and Navy, administration officials said Saturday.
The three have been interviewed by Defense Secretary Donald H. Rumsfeld, and
the White House was expected to announce this week that it will send their
names to the Senate for confirmation, the Washington Times reported, quoting
unidentified sources.
Gordon R. England, 63, who retired recently from General Dynamics Corp.,
would be nominated as Navy secretary; James G. Roche, 61, a vice president at
Northrop Grumman Corp., is the pick to head the Air Force; and the choice to
head the Army is Thomas E. White, 57, a retired Army general and an executive
with Enron Corp. White also once worked as an assistant to Colin L. Powell,
Bush's secretary of State.

Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.

News
Bush leaning toward execs for military
The Associated Press

03/04/2001
The Seattle Times
Sunday
A9
(Copyright 2001)

WASHINGTON--Three corporate executives are under consideration to lead the
Air Force, Army and Navy, administration officials said yesterday.
The three men have been interviewed by Defense Secretary Donald Rumsfeld, and
the White House was expected to announce next week that it will send their
names to the Senate for confirmation, The Washington Times reported
yesterday, quoting unidentified sources.
But two Bush administration sources, speaking on condition of anonymity, told
The Associated Press that President Bush has not made a decision and that the
nominations were not a certainty.
The Times said Gordon England, 63, who retired last week as a vice president
at General Dynamics, would be nominated as Navy secretary. England was
responsible for the company's information systems and international programs.
The newspaper also said James Roche, 61, a vice president at Northrop
Grumman, was the pick to head the Air Force. Roche, a retired Navy captain,
worked in the State Department during the Reagan administration and later was
Democratic staff director for the Senate Armed Services Committee.
The nominee for Army secretary was said to be Thomas White, 57, a retired
Army general and an executive with Enron, a Houston-based energy company.
White was executive assistant to Secretary of State Colin Powell when Powell
was chairman of the Joint Chiefs of Staff.

Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.

NEWS
Enron's Chief Denies Role as Energy Villain / Critics regard Kenneth Lay as
deregulation opportunist
David Lazarus
Chronicle Staff Writer

03/04/2001
The San Francisco Chronicle
FINAL
A1
(Copyright 2001)

Kenneth Lay is one of the energy "pirates" accused by California's governor
of fleecing consumers. As chairman of Enron Corp., the world's largest energy
trader, Lay is arguably the biggest, baddest buccaneer of them all.
But that's not how he wants to be seen. And he certainly doesn't like taking
knocks from Gov. Gray Davis for having contributed to California's energy
mess.
"It's very unfair," Lay said, his brown eyes taking on a puppy- dog quality.
"He's trying to vilify us. But we didn't make the rules in California. We had
nothing to do with creating the problem."
He gazed out from his plush, 50th-floor office. Houston's downtown
skyscrapers jutted like sharp teeth against the overcast sky.
"Everyone played by the rules," Lay said. "Now our reputations are being
maligned."
In a sense, he's right. The ultimate blame does rest with California
policymakers for deregulating the state's electricity market in such a
ham-fisted way that power giants like Enron cleaned up by exploiting
loopholes in the system.
But Enron was no innocent bystander during the restructuring process.
"Enron and Ken Lay were one of the major players behind the push for
deregulation in California," said Janee Briesemeister, senior policy analyst
in the Austin office of Consumers Union. "A lot of what's happening in
California was their idea."
Those familiar with the state's deregulation efforts said Enron was
especially eager to ensure that a newly created Power Exchange, where
wholesale power would be bought and sold, was separate from the Independent
System Operator, which would oversee the electricity grid.
"This fragmented the wholesale market, making it harder to monitor," said
John Rozsa, an aide to state Sen. Steve Peace, D-El Cajon, widely regarded as
the godfather of California's bungled deregulation measures.
"Enron isn't in the business of making markets work," Rozsa said. "They're in
the business of making a buck."
In an ironic twist, however, Enron now could play a pivotal role in helping
the state remedy past errors and find its energy footing. The company has
that much clout.
SEEKING LAY'S BLESSING
Thus, as the governor pushes ahead with a scheme to purchase the transmission
lines of California's cash-strapped utilities, he didn't hesitate to call
recently seeking Lay's personal blessing for the plan.
This must have been a sweet moment for the man who just weeks earlier had
been castigated by Davis in the governor's State of the State speech.
"I told him we couldn't support it," Lay said, a hint of a smile playing
across his lips. "It will lead to an even less efficient transmission grid
and, longer term, it could make things worse."
Why would Davis swallow his pride and court favor with Enron's big cheese?
Simple: Davis will need the Bush administration's backing to make the
power-line sale fly, and, many believe, there's no faster way to reach the
new president than via the Houston office of his leading corporate patron.
Lay, 58, and his company have donated more than $500,000 to Bush's various
political campaigns in recent years, and he placed Enron's private jet at
Bush's disposal during the presidential race.
So great is Lay's influence with the president that some insist he is now
serving effectively as shadow energy secretary, shaping U.S. energy policy as
he sees fit.
"There's a long history of Enron pulling the levers of its political
relationships to get what it wants," said Craig McDonald, director of Texans
for Public Justice, a watchdog group. "What Ken Lay thinks energy policy
should be isn't very different from what George Bush and Dick Cheney think it
should be."
ANOTHER VIEWPOINT
Lay, of course, sees things differently. At the mere mention of his close
rapport with the president, his eyes glazed over and he mechanically recited
the words he has repeated numerous times in recent months.
"I have known the president and his family for many years," Lay said. "I've
been a strong supporter of his. I believe in him and I believe in his
policies."
He insisted that reports of his having sway over Bush on energy matters are
"grossly exaggerated."
Still, it is striking that Bush's quick decision after taking office to limit
federal assistance in solving California's energy woes virtually mirrored
Lay's own thoughts on the situation. So, too, with the administration's
hands-off approach to resolving the crisis.
Whatever else, California's power woes have been very kind to Enron's bottom
line. The company's revenues more than doubled to $101 billion last year.
They haven't hurt Lay, either. According to company records, his pay package
more than tripled last year to $18.3 million.
Lay and other Enron officials steadfastly refuse to break out the company's
California earnings from other worldwide business activities. But Lay
conceded that Enron's profit from California energy deals last year was "not
inconsequential."
"We benefit from the volatility," he said.
CAPTIVE MARKETPLACE
That's putting it mildly. It could be said that California's energy mess was
tailor-made for Enron, which is almost uniquely positioned to prosper from a
captive marketplace in which electricity and natural gas prices are
simultaneously soaring skyward.
To understand why that is, one must look closely at Enron's complex business
model. The company is much more than just a middleman in brokering energy
deals.
Lay, with a doctorate in economics and a background as a federal energy
regulator, set about completely reinventing Enron in 1985 after taking over
what was then an unexceptional natural-gas pipeline operator.
As he saw it, the real action was not in distribution or generation of
energy, but in transacting lightning-fast deals wherever electricity or gas
is needed -- treating energy like a tradable commodity for the first time.
Enron is now the leader in this fast-growing field, and uses that advantage
to consolidate its position as the market-maker of choice for energy buyers
and sellers throughout the country.
It also exploits its size and trading sophistication to structure unusually
creative deals. For example, if electricity prices are down but natural gas
prices up, Enron might cut a deal to meet a utility's power needs in return
for taking possession of the gas required to run the utility's plants.
Enron could then turn around and sell that gas elsewhere, using part of the
proceeds to purchase low-priced electricity from another provider, which it
ships back to the original utility.
"We do best in competitive markets," Lay said. "These are sustainable
markets."
TRADING FRENZY
Enron's trading floors buzz all day long with frantic activity as mostly
young, mostly male employees scan banks of flat-panel displays in search of
the best deals. Rock music blares from speakers, giving the scene an almost
frat-party atmosphere.
The company's trading volume skyrocketed last year with the advent of an
Internet-based bidding system, which logged 548,000 trades valued at $336
billion, making Enron by far the world's single biggest e-commerce entity.
Kevin Presto, who oversees Enron's East Coast power trades, called up the
California electricity market on his computer. With a few quick mouse clicks,
he showed that Enron at that moment was buying power in the Golden State at
$250 per megawatt hour and selling it at $275.
"Some days we're at $250, some days $300 and some days $500," Presto said
over the steady thump-thump of the trading floor's rock 'n' roll soundtrack.
"There's truly a problem out there."
This is a recurring theme among Enron officials: California's electricity
market is broken and Enron would prefer it if things just settled down. As
Lay himself put it, "The worst thing for us is a dysfunctional marketplace."
In reality, California's dysfunctional marketplace means Enron isn't just
making piles of money, it's seeing profits both coming and going.
LOTS OF BUSINESS IN CALIFORNIA
The company's energy services division, which handles the complete energy
needs of large institutions, counts among its clients the University of
California and California State school systems, Oakland's Clorox Co., and
even the San Francisco Giants and Pac Bell Park.
Enron purchases electricity on behalf of these clients from Pacific Gas and
Electric Co., which by law must keep its rates frozen below current market
values. At the same time, Enron sells power to PG&E at sky-high wholesale
levels.
In other words, Enron is buying back its own electricity from PG&E for just a
fraction of the price it charges the utility.
"These guys are the pariahs of the power system," said Nettie Hoge, executive
director of The Utility Reform Network in San Francisco. "Why do we need
middlemen? They don't do anything except mark up the cost."
To be fair, energy marketers such as Enron can help stabilize an efficient
marketplace by promoting increased competition between buyers and sellers.
This has proven the case in Pennsylvania, where Enron actively trades among
about 200 market participants.
But in an inefficient market such as California, a company like Enron can
easily exacerbate things by exploiting loopholes in the state's ill-conceived
regulatory framework.
Sylvester Turner, a Houston lawmaker who serves as vice chairman of the state
committee that oversees Texas utilities, said he can't blame Enron and other
power companies for pursuing profits in California.
"California set up some bad rules, and these companies played by the rules
California set up," he said. "At the end of the day, they will behave to
enhance their bottom lines."
But as Texas proceeds toward deregulation of its own electricity market next
year, Turner said he has learned from California's experience -- and is
taking steps to prevent Texas' power giants from shaking down local
consumers.
LESSONS FROM GOLDEN STATE
He has written a bill intended to give the Texas Public Utility Commission
more authority in cracking down on market abuses. The power companies are
fighting the legislation as hard as they can.
Not least among Turner's worries is that Texas will see what California
officials believe happened in their state: A deliberate withholding of power
by leading providers until surging demand had pushed prices higher.
"I have that concern," he said. "I don't necessarily take these companies at
their word."
For his part, Lay insists that Enron has never deliberately manipulated
electricity prices.
"I don't know of any of that," he said. "It's so easy to conjure up
conspiracy theories."
As a sign of Enron's commitment to solving California's energy troubles, Lay
said he supported Davis when the state began negotiating long-term power
contracts on behalf of utilities.
So how many contracts has Enron signed?
Suddenly, the hurt, puppyish expression vanished from Lay's face, and a
harder, more steely look glinted from his eyes.
"None," he said. "We won't be signing until we're certain about recovering
our costs."
Consider this a shot across California's bow.

PHOTO; Caption: Chairman Kenneth Lay said Enron had "nothing to do with
creating the (energy) problem."

Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.

Enron boss says he's not to blame for profits in energy crisis

03/04/2001
Associated Press Newswires
Copyright 2001. The Associated Press. All Rights Reserved.

SAN FRANCISCO (AP) - Yes, his business has profited handsomely from
California's energy crisis, but Enron Corp. Chairman Kenneth Lay says he
shouldn't be a scapegoat in California's energy crisis.
That hasn't swayed Gov. Gray Davis, who has skewered energy companies such as
Houston-based Enron for selling expensive power to California.
"Never again can we allow out-of-state profiteers to hold Californians
hostage," Davis warned in his State of the State address.
More recently, however, Davis called Lay to discuss negotiations as the state
looks to buy power transmission lines from troubled utilities.
"I told him we couldn't support it," Lay told the San Francisco Chronicle in
an interview at his Houston office. "It will lead to an even less efficient
transmission grid and, longer term, it could make things worse."
Lay is not just any private-sector energy czar - Enron Corp. is the world's
largest energy trader and Lay is a close friend of President George Bush. Lay
and his corporation have donated more than $500,000 to Bush's various
political campaigns in recent years and he offered Bush use of Enron's
private jet during the presidential race.
But Lay said it's economics, not politics, that matter in California's energy
crisis. And he thinks it unfair that Davis has blamed out-of-state energy
brokers for the protracted problems.
"We didn't make the rules in California," Lay said. "We had nothing to do
with creating the problem."
The problem, many analysts agree, began with the state's deregulation of the
power industry in 1996. Enron encouraged deregulation, and the state's
ensuing power crisis has been lucrative for the corporation.
Enron's stock jumped 86 percent in 2000 and its revenues more than doubled to
$101 billion. Lay, 58, was compensated accordingly - he received nearly $16
million in stock and cash beyond his $1.3 million salary last year, compared
with less than $4 million in bonuses in 1999.
Lay refused to say how much Enron has made off California's crisis, though he
conceded the profit was "not inconsequential."
"We benefit from the volatility," said Lay, who took over Enron in 1985 and
has helped turn the corporation into a major player in the trading of
electricity as a commodity.
But Lay rejected suggestions that Enron has manipulated prices upward by
insisting California pay dearly for last-minute power that has helped keep
the lights on in recent months.
"I don't know of any of that," he said. "It's so easy to conjure up
conspiracy theories."

Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.

BUSINESS
NET WORTH
The Stadium Curse? / Some stocks swoon after arena deals
Kathleen Pender

03/04/2001
The San Francisco Chronicle
FINAL
B1
(Copyright 2001)

Is buying the name of a big-league stadium the kiss of death for a company,
or does it only seem that way?
From Network Associates Coliseum in Oakland to the unfinished CMGI Field
outside Boston, the nation is dotted with sports venues named after companies
whose stocks have been sacked.
The Super Bowl champion Baltimore Ravens play in a stadium named after
PSINet, whose stock has fallen 92 percent to $1.25 a share since it bought
naming rights.
The problem names are not all tech.
The owners of the TWA Dome in St. Louis and Pro Player Stadium in Miami are
looking for new corporate sponsors because their current ones are bankrupt.
TWA is an airline. Pro Player was part of underwear-maker Fruit of the Loom.
The home of the Anaheim Angels could be in the market for a new name if
Edison International, parent of electric utility Southern California Edison,
runs out of juice.
Of course, these companies were not in trouble when they promised to pay tens
or hundreds of millions of dollars to have their names plastered on a
ballpark or arena.
In fact, many were at their peak.
Which begs the question: Should investors get worried when a company in which
they own stock puts its name up among the floodlights?
Brian Pears, head of equity trading with Wells Capital Management, wonders if
companies are susceptible to some weird strain of the "Sports Illustrated
curse." It seems as if any athlete who is pictured on the cover of SI
magazine invariably loses his next game or pulls a groin muscle.
Business celebrities suffer from a similar phenomenon: Amazon.com Chief
Executive Officer Jeff Bezos was named Time magazine's 1999 person of the
year just before his company's stock price tanked.
Don Hinchey, who advises buyers and sellers in naming-rights deals, doesn't
think the curse holds true in stadium and arena deals.
"You can make a case that a company is doing well when it acquires a naming
rights sponsorship, but you can't necessarily say it corresponds with a peak
in its business," says Hinchey, director of creative services for the Bonham
Group in Denver.
TRACKING NAMING FIRMS
To find out if Hinchey is right, I tracked the stock market performance of
publicly held companies since they bought naming rights to 47 big-league
sports venues in North America.
I excluded facilities named after subsidiaries of larger companies, including
Miller Park in Milwaukee (Miller Brewing is part of Philip Morris) and Pac
Bell Park in San Francisco (Pacific Bell is owned by SBC Communications,
which is putting its own name on an arena in San Antonio).
I used the announcement date as a starting point because stadium naming deals
are, after all, marketing endeavors. The announcement of a deal generates
tons of publicity, which is considered positive, even if the publicity is
negative and even if the stadium won't open for several years.
Then I compared each company's stock market performance with the Standard &
Poor's 500 index during the same period.
The bottom line: 29 of the 47 companies that bought stadium or arena names
are trading at a higher stock price today than when the deals were announced,
according to data from FactSet Research Systems. (Two companies each bought
two names and were counted twice.)
But -- and this is a big but -- only 13 of them beat the S&P 500 during the
period since their respective deals were announced.
So buying a stadium name might not be a curse, but it's no guarantee the
company will beat the market.
WINNERS, LOSERS
The companies that have done best since buying a name come from a wide
variety of industries.
The biggest winner is Qualcomm, a wireless telecommunications company.
Although its stock is down 65 percent from its peak, it's still up 746
percent since it agreed to slap its name on a San Diego stadium.
The next-biggest winners include Target (discount stores), Ericsson (telecom
equipment), Coors (beer), Fleet Financial (banking), Pepsi (soft drinks) and
Enron (energy).
The biggest losers are TWA, PSINet (Internet service provider), CMGI
(Internet incubator), Savvis Communications (telecom services) and Network
Associates (network security software).
Network Associates' stock peaked about three months after it bought naming
rights to the Oakland Coliseum in September 1998. Since then, it has suffered
a string of setbacks. After the Securities and Exchange Commission questioned
its accounting practices, it restated its financial results for 1997 and
1998. Its CEO resigned in December.
Network Associates is paying slightly more than $1 million per year for the
coliseum name. It can get out of its 10-year deal after five years.
The company "has been paying us," says Deena McClain, general counsel with
the Oakland-Alameda County Coliseum Authority. "We haven't had any
discussions with them" about changing the contract.
Most naming-rights contracts have "out clauses that allow the parties to
extricate themselves if they want, can or need to in the event of financial
difficulties or if a team moves," says Hinchey.
Although nobody likes to be associated with a loser, stadium owners may
benefit if a troubled company cuts out of a deal early.
That's because stadium name prices have skyrocketed since the mid- 1990s,
when $1 million a year -- give or take -- was average.
In 1999, FedEx agreed to pay $205 million over 27 years to be named home of
the Washington Redskins.
In 2000, CMGI agreed to pay $114 million over 15 years to have its name on
the new home of the New England Patriots. It's questionable what kind of
shape CMGI will be in when the stadium opens next year.
The "10-gallon hat of naming rights deals," says Hinchey, is in Houston,
where Reliant Energy will pay $300 million over 32 years to name the
Astrodome and a new football stadium after itself.
Some customers of Reliant's utility subsidiary were outraged when the deal
was announced because the company was also raising electricity rates.
Some shareholders also get perturbed when their company spends money on a
stadium instead of a new plant or stock dividends.
But Jim Grinstead, editor of Revenues from Sports Venues, says, "you have to
look at the (stadium) purchase in light of total marketing budget. It sounds
like big money, but frequently it's over 20 to 30 years. If you take out
things the company might buy anyway, like tickets and luxury suites, it's
small potatoes."
WHAT A DEAL IS WORTH
The main benefit of a stadium deal is the exposure a company gets when a game
is broadcast on TV or radio or mentioned in print.
"This is the biggest bang for your buck in terms of branding," says Jennifer
Keavney, a Network Associates vice president who negotiated the stadium deal.
She says the cost of her deal, about $1 million a year, "won't even buy you a
Super Bowl ad. It will buy five commercials on a nationally televised
football game, maybe."
The Coliseum, perched beside Interstate 880, also acts like a giant billboard
for the company, which frequently gets mentioned in traffic reports.
Hinchey says most naming deals also include tickets and luxury boxes; on-site
exposure through signage and kiosks; premium nights when the sponsor might
offer samples at the park; and inclusion in programs, tickets and flyers.
Most companies that strike stadium deals want to become a household name
because they sell consumer products or services.
But not always.
3Com sold nothing but corporate networking gear when it bought the name to
Candlestick Park in San Francisco in 1995.
"It was a good move for them," says Jim Grinstead, editor of Revenues from
Sports Venues. "They got the employees they were looking for, the visibility
they were looking for. At the time, they were a player in a crowded field,
and they wanted to look like a fun place to work."
Last April, 3Com extended its original 4-year contract for two more years.
The biggest risk companies run is that the team that plays in their facility
will be a loser.
"Companies invest in an entity that can enhance their brand, their sales and
hospitality efforts. Certainly that loses its luster if the team is not
performing well," Hinchey says. "But corporations realize the team's success
on the field fluctuates. It could be a champion one year, next year in the
dumps."
The same can be said about the corporate sponsors, which is something stadium
owners -- be they taxpayers or business tycoons -- must realize when they
sell a name.

PHOTO; Caption: Rich Gannon of the Oakland Raiders scored in Oakland's
Network Associates Coliseum last year. / Frederic Larson/The Chronicle 2000

Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.


Happy B-day punk!

How old are you now? 30?  Oh well, I guess we will see ya tonight.

I don't think you are at work today but if you are shoot me a line.

-Eric


Mark:

This falls into your area.  I have spoke to William Kelly and advised that I
am forwarding it to you.

Thanks,

Jeff
----- Forwarded by Jeffrey T Hodge/HOU/ECT on 12/12/2000 04:43 PM -----

	William Kelly
	12/12/2000 04:20 PM

		 To: Jeffrey T Hodge/HOU/ECT@ECT
		 cc: Scott Neal/HOU/ECT@ECT, Dick Jenkins/HOU/ECT@ECT
		 Subject: Conectiv / Delmarva

On January 14, 2000, we transacted with Conective via NatSource for a Nov '00
- March '01 basis swap @ Transco Z6.  Our ticket/booking/confirmation
indicates we bought the swap.  The broker confirm indicates we sold the
swap.  Our confirm to the counterparty was executed as Enron buying by their
operations manager, Joseph Glace.  The counterparty is contending that the
broker confirm is correct.  Trading contends our confirm is correct and
binding.  How should we proceed?  The value of the position is roughly $3MM
of revenue.

Thanks,

WK


THE SOURCE
The eSource Bulletin	October 2001
COMPANY INFORMATION
?	Looking for a company's?.?
Business Description	Executives/Bios	Financials
Facilities	Competitors	Subsidiaries
SIC Codes	Government/SEC Filings	Lawsuits
Global Securities	Public Records	Commodity Pricing
Technical Publications	Intellectual Property	News
Credit Reports	Economic Analysis	Global Industries
Market Research Reports	Analyst Reports	Strategic Alliances/JVs
Global Credit Ratings	Mergers & Acquisitions	Syndicated Loans
Restructures	Corporate Governance	Venture Capital

Information is available for public, foreign and private companies on a real-time, historical and forecast basis.
?	Where do I look for general information on a company?  Company website, Hoovers, Dow Jones Interactive, Nexis-Company Dossier, Yahoo market guide
?	Where are corporate financials or equity information?  SEC filings (10-K, 10-Q), Analyst reports, Global Disclosure, Dunn & Bradstreet*, Million Dollar Database*, Bloomberg*, Firstcall*, investex*, Multex*
?	Where can I find a company's credit rating?  Standard & Poors' , Moody's and Fitch
?	I cannot find any information on a company, why not?
1.	Check the spelling of the company name
2.	The company is a subsidiary and/or its parent is a foreign entity (non US)
3.	It may be a Private Company (information is not readily available)
4.	Contact eSource (http://esource.enron.com/RequestSearch.asp)  with your detailed request.
	Web Sources	Proprietary Databases
General:	Bloomberg
www.yahoo.com	Dialog
www.fool.com	Dun & Bradstreet
www.redherring.com	FactSet
www.corporateinformation.com	FirstCall
www.allbusiness.com	FIS Online
www.moneycentral.msn.com	Global Access
General (need password): 	Hoover's
www.hoovers.com	Investex
www.djinteractive.com	MillionDollarDatabase
www.nexis.com	Moody's
Financial:	Multex
www.areport.com	SDC
www.sec.gov	Standard & Poors
www.financials.com	Skyminder
www.tenkwizzard.com	LiveEdgar
www.usatoday.com

*Fee-based, available through eSource: 713-853-7877
Check out these and other great web sources at http://esource.enron.com


Phillip,
I spoke with someone in our technical team about the ability to provide the
EnronOnline price reports in a downloadable format.  What I think we can do
is send a csv file (comma separated values) to the O:\ drive everyday
containing all of the data that appears in the EnronOnline price reports.
Then, you could just go in and open that it in Excel or copy and paste it
from the csv file into Excel, which is easy.  Let me know if I can explain
this better.  As far as saving it on the O:\ drive is concerned, I am
currently thinking that we would just create a new folder that EOL can access
and you can access.  This way, if any other desk has a similar request to
yours, they can just get permission to access that folder.

We are going to finalize the details, and I will let you know how long it
will take to get this done.  The technical person who can do it is out of the
office until Thursday, so I am assuming we won't have a good estimate until
then.

I will keep you posted.
Thank you.
Julie

Phillip M Love
01/23/2001 02:00 PM
To: Julie Ferrara/HOU/ECT@ECT
cc: Dave Samuels/HOU/ECT@ECT
Subject: EOL Gas Prices

I am hoping you will be the right person to talk with.  Rahil Jafry referred
me to you.  I am the risk management lead for the Central Gas desk.
Currently our traders utilize an EOL weighted average gas price report on EOL
to set their curves for the next gas day, i.e. their curves set today for
tomorrow's gas flow.  I was first inquiring with EOL if they could possibly
provide this report in downloadable format(excel) and they sent me to Rahil,
who then sent me to you.  Is this possible?  Please feel free to contact me
for any additional information or if this is really confusing.

Please let me know if you are not the right person to contact and I will
start over with EOL.  Thanks for your assistance in this matter.
Phillip
3-7376


please go
---------------------- Forwarded by Jeffrey A Shankman/HOU/ECT on 11/06/2000
01:55 PM ---------------------------
From: Jenny Rub@ENRON on 10/31/2000 01:25 PM
To: Jeffrey A Shankman/HOU/ECT@ECT, John J Lavorato/Corp/Enron@Enron, Kevin M
Presto/HOU/ECT@ECT, John L Nowlan/HOU/ECT@ECT, Gary Hickerson/HOU/ECT@ECT,
Jim Fallon/Enron Communications@Enron Communications, Hunter S
Shively/HOU/ECT@ECT, Philippe A Bibi/HOU/ECT@ECT, Beth Perlman/HOU/ECT@ECT,
Bob McAuliffe/Corp/Enron@ENRON, Keith Dziadek/NA/Enron@Enron, Martin
Bucknell/LON/ECT@ECT, Henry Terech/EPSC/HOU/ECT@ECT, Bill
Donovan/EPSC/HOU/ECT@ECT, Robert Knight/HOU/ECT@ECT
cc: Peggy McCurley/HOU/ECT@ECT, Susan Jones/Corp/Enron@ENRON, Cindy
Adams/HOU/ECT@ECT, Cherylene R Westbrook/HOU/ECT@ECT, Thais
Hensch/Corp/Enron@ENRON, Kimberly Hillis/HOU/ECT@ect, Nina
Garcia/EPSC/HOU/ECT@ECT, Daisy Yanez/Corp/Enron@Enron, Jennifer
Burns/HOU/ECT@ECT, Tamara Jae Black/HOU/ECT@ECT, Elaine Brown/HOU/ECT@ECT,
Therese Candella/Enron Communications@Enron Communications, Tara
Soyal/EPSC/HOU/ECT@ECT, Stuart Fieldhouse/LON/ECT@ECT
Subject: Dealerboard Vendor Executive Presentation

We are in the final selection phase of dealerboards for our new trading
floor.  Two vendors have been asked to come in an present executive overviews
of their products, company and future direction.  The attached document
contains the dates, times and location of the briefings (IPC Information
Systems and BT Syntegra).

If you have any questions regarding this invitation, please contact Stuart
Fieldhouse at x35699.

Thanks.    Jenny Rub


Thanks for the info.  I sent in my resume with a letter that they requested
explaining how my experience would fit the job, plus salary requirements.
Once again, I will keep my fingers crossed.

Do you want plant/plants??

----- Original Message -----
From: <Tana.Jones@enron.com>
To: <pyoung@pdq.net>
Sent: Wednesday, September 20, 2000 4:01 PM
Subject: Re: An Update

>
> That job is with Bob Williams, the litigation attorney for our
> international company.  Bob is a great guy, probably one of the funniest
> people I have ever known.  It also might be a good job for you because he
> promoted his last administrative assistant to paralegal.
>
>
>
>                     "Patti Young"
>                     <pyoung@pdq.n        To:     <Tana.Jones@enron.com>
>                     et>                  cc:
>                                          Subject:     Re: An Update
>                     09/20/2000
>                     11:51 AM
>
>
>
>
>
>
> Thanks for writing back.  I could probably do the Saturday evening thing.
> I
> will let you know soon.
>
> If you get a chance, check out Job No. 105738.  Know anything about it??
>
>
> ----- Original Message -----
> From: <Tana.Jones@enron.com>
> To: <pyoung@pdq.net>
> Sent: Tuesday, September 19, 2000 2:47 PM
> Subject: Re: An Update
>
>
> >
> > I was just about to call you when I got your email.  Holly called and
she
> > has a table to fill at an awards banquet (some women's professional
group
> > or something) and wants to know if you want to join us.  A bunch of her
> > girlfriends are going, me, Lucinda, I think Carol....anyway, it's
> Saturday
> > night at 7:00 pm.  She said it should be really boring (so I put it on
my
> > calendar as "boring awards banquet"), but with all the girls at one
table
> > we'll misbehave and have fun.  I hope you can join us.  Let me know and
> > I'll reserve you a spot w/Holly.
> >
> > The thing on your house and townhome sounds exciting.  When can I see
> it?!
> >
> >
> >
> >                     "Patti Young"
> >                     <pyoung@pdq.n        To:     "Tana Jones"
> <Tana.Jones@enron.com>
> >                     et>                  cc:
> >                                          Subject:     Re: An Update
> >                     09/18/2000
> >                     05:44 PM
> >
> >
>
> >
> >
> >
> >
> > The name of the plant I told you about last week is DURANTA.
> >
> > Think you will want it??
> >
> >
> > ----- Original Message -----
> > From: Tana Jones <Tana.Jones@enron.com>
> > To: <pyoung@pdq.net>
> > Sent: Monday, August 28, 2000 8:28 AM
> > Subject: An Update
> >
> >
> > >
> > >
> > > That job I passed on your resume to in our group, I checked, and they
> > still
> > > haven't started interviewing people yet, since Barbara is on vacation
> > dropping
> > > her daughter off at college.
> > >
> > >
> >
> >
> >
> >
>
>
>
>


Can't make it.  Thanks.  DF

Virginia O'Neill

02/03/2000 02:29 PM

To: John Dushinske/ET&S/Enron@ENRON, George Fastuca/ET&S/Enron@ENRON, Drew
Fossum/ET&S/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON, Mike
McGowan/ET&S/Enron@ENRON, Kent Miller/ET&S/Enron@ENRON, Mary Kay
Miller/ET&S/Enron@Enron, Rockey Storie/ET&S/Enron@ENRON, Julia
White/ET&S/Enron@ENRON, Dave Neubauer/ET&S/Enron@ENRON, Michel
Nelson/ET&S/Enron@ENRON, Sheila Knudsen/OTS/Enron@ENRON
cc: Martha Benner/ET&S/Enron@ENRON, Lisa Costello/ET&S/Enron@ENRON, Rosemary
Gracey/ET&S/Enron@ENRON, Judy Kudym/ET&S/Enron@ENRON, Audrey
Robertson/ET&S/Enron@ENRON, Sharon Solon/ET&S/Enron@ENRON, Linda
Wehring/ET&S/Enron@ENRON, Ricki Winters/ET&S/Enron@Enron, Deb
Cappiello/ET&S/Enron@ENRON, Julie McCoy/ET&S/Enron@ENRON, Marilyn
Lee/HR/Corp/Enron@ENRON

Subject: Market Affiliate Presentation

Did you attend the Market Affiliate presentation?   If you didn't have the
opportunity to make it to one of the sessions held in Houston or Omaha, Dari
Dornan is planning to hold a make-up session for the officers.  The video
conference room has been reserved for February 10 beginning at 2:00 PM.  Tthe
meeting will last approximatel 35 - 40 minutes.

Please let me know if you plan to attend.   If there only a few of you who
have't attended, I'll schedule the meeting accordingly.  Thanks,

Virginia


Oh my god--so much desire to run, but i have a dinner tonight--my last since
it's time to get into shape.  Maybe I'll wire my jaws shut.  If my dinner is
with a 19 yr old, I'm going to take the fork and poke holes in myself.  (That
was my dream)
I'll tell you about it tomorrow...

Alexandra Saler@EES
01/22/2001 04:13 PM
To: Jeffrey A Shankman/HOU/ECT@ECT
cc:
Subject: Re:

yes....I have something for you.  are you there?  did you get my message?
any desire to go running in the park tonight?

To: Alexandra Saler/HOU/EES@EES
cc:
Subject:

did you call earlier today?


FYI

	Mary Schoen 02/22/2001 02:55 PM 	   To: Neil Bresnan/HOU/EES@EES <mailto:Bresnan/HOU/EES@EES>, Alan Comnes/PDX/ECT@ECT <mailto:Comnes/PDX/ECT@ECT>, Jubran Whalan/HOU/EES@EES <mailto:Whalan/HOU/EES@EES>, Kristin Walsh/HOU/ECT@ECT <mailto:Walsh/HOU/ECT@ECT>, Clayton Seigle/HOU/ECT@ECT <mailto:Seigle/HOU/ECT@ECT>, Jeffrey Keeler/Corp/Enron@ENRON <mailto:Keeler/Corp/Enron@ENRON>, James D Steffes/NA/Enron@Enron <mailto:Steffes/NA/Enron@Enron>, Harry Kingerski/NA/Enron@Enron <mailto:Kingerski/NA/Enron@Enron>, Richard Shapiro/NA/Enron@Enron <mailto:Shapiro/NA/Enron@Enron>, Janel Guerrero/Corp/Enron@Enron <mailto:Guerrero/Corp/Enron@Enron>, Jeff Dasovich/NA/Enron@Enron <mailto:Dasovich/NA/Enron@Enron>, Sandra McCubbin/NA/Enron@Enron <mailto:McCubbin/NA/Enron@Enron>, Susan J Mara/NA/Enron@ENRON <mailto:Mara/NA/Enron@ENRON>, Paul Kaufman/PDX/ECT@ECT <mailto:Kaufman/PDX/ECT@ECT>  cc:   Subject: CA Supply Realities

Attached is a memo comparing the CEC's forecasted supply and a more realistic look at what additional resources might be available this summer.

The bottom line is that:

1.  The CEC significantly underestimates the outages that may occur this summer.  They estimate in their 5,000 MW supply deficit for the summer that expected outages will be around 3,000MW.  However, November and December saw significantly higher outage levels.  (7,265 MWs) The FERC has investigated these outages and found no improprieties- just that the plants are overtaxed from running at higher than normal capacities.

2.  There are a lot of uncertainties surrounding the 1,244 MWs of projected supply from rerating/restarting existing thermal and renewable projects.  It is very unclear how much of this will be able to come on line by this summer, if at all.  As evidenced by the e-mail I sent out this morning, local communities may be very opposed to restarting shut down units.  In addition, these units are likely to be uneconomical.

3.  In the existing resource pool, there are roughly 1,430 MWs of peaking or other generation units that are running up against their operating hour limitations from air quality regulations.  The Governor has ordered the local air quality districts to address these restrictions,  We are beginning to seem some movement; however, the US EPA has yet to weigh in on these relaxed standards.

4.  The distributed generation/back-up generation capacity to make up some of the shortfall is still an unknown.  While there has been some relaxing of the limitations on run hours for back-up generation at "essential public services" the increase in DG is expected from "clean" sources, not diesel emergency generators.

5.  The CEC is doing everything it can to get 50+ MW peaking units on-line by this summer.  They are promising a 21-day permit application approval process and are offering to pay half of the cost of offsets, for "clean" sources of generation in critical areas.

Please let me know if you have any questions or need additional information.

CEC's Summer Forecasted Peak Demand - Resource Balance:

List of Peakers running into their operating hour limitations:

Mary Schoen
Environmental Strategies
Enron Corp
713-345-7422


never mind.  i wanted a snack and i think that you owe me.  :)

 -----Original Message-----
From: 	Griffith, John
Sent:	Tuesday, October 23, 2001 3:41 PM
To:	Nelson, Michelle
Subject:	RE: Settles

I don't get it

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Tuesday, October 23, 2001 3:07 PM
To:	Griffith, John
Subject:	RE: Settles

I sure am hungry!

 -----Original Message-----
From: 	Griffith, John
Sent:	Tuesday, October 23, 2001 3:07 PM
To:	Nelson, Michelle
Subject:	RE: Settles

Here are the settles.  Thanks.

John

 << File: Daily Settles.xls >>

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Tuesday, October 23, 2001 2:12 PM
To:	Griffith, John
Subject:	Settles

 << File: Daily Settles.xls >>


Attached is an updated responsibility matrix.  Please not that it includes
some progress updates.  Your review and comments would be appreciated.

Thanks,

John


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Sevil.

We are looking forward to having you here.
If you want, you can stop by one day and I shall introduce you
to Grant Masson with whom you will be working this summer.

Vince

Sevil Yaman <syaman@Bayou.UH.EDU> on 02/23/2000 10:09:30 AM
To: vkamins@enron.com
cc:
Subject: Thank You

Hi Dr. Kaminski,

Yesterday, I learned from Shannon Rogers at the associate-analyst program
that I was offered a summer associate/internship position in your group. I
am already very excited about this position and look forward to working in
your group. Many thanks for your consideration.

Sevil Yaman
Department of Economics
University of Houston
Houston, TX 77204-5882
(713) 743-3814 / 3817


If anyone is interested in attending this training course, please get back to me and I will get in touch with Reliant. Thanks. Howard
 -----Original Message-----
From: 	Hoatson, Tom
Sent:	Thursday, October 11, 2001 9:46 AM
To:	Fromer, Howard
Subject:	NY Market Training Course

Bruce Bleiweis of Reliant called me today (he had my number handy at the time rather than yours) regarding an upcoming training course offered by the NY ISO.  The course is scheduled for Nov 13 and is the 3-1/2 day "Market Orientation Course".  Reliant has 28 people signed up for the course and was wondering if there was any interest in Enron in attending the course and, if so, how many.  He is working with the training dept at the NYISO to see if the course can be given in Houston rather than NY since there appears to be much interest in at least his company.  He is checking with other companies in Houston (such as Dynegy, Shell, El Paso, etc) to get a feel for their interest and make it more attractive for the ISO to go to Houston and conduct the course.  Do you want to check with the Houston (commercial, government affairs, etc) to see if there is interest in this course (you may know already if anyone from Houston has signed-up for the course, or we might get it from the NYISO)?