Vince, Stinson, looks like just me and Jim Irvine attending this one may
suffice since this is a working group meeting.  As the note describes below,
there will be a separate trip for you guys and me to determine long-term
involvement, etc... Let me now when to schedule.

Vince and Stinson may want to
wait until KC Claffy or I can visit Portland, or have several Enron
reps visit San Diego for demos and related discussions.

Ravi.
----- Forwarded by Ravi Thuraisingham/Enron Communications on 02/29/00 01:28
PM -----

	tmonk@caida.org
	02/29/00 09:18 AM

		 To: Ravi Thuraisingham/Enron Communications@Enron Communications
		 cc: amy@caida.org, tmonk@caida.org
		 Subject: [amy@SDSC.EDU: Re: CAIDA 'Metrics' WG meeting, 2 Mar 00 (fwd)]

Ravi,

Hi, Amy forwarded me your note.  Since Thursday is the kick off
discussions for the new working group, it might not be the ideal venue
for Enron to get acquainted with CAIDA.  Vince and Stinson may want to
wait until KC Claffy or I can visit Portland, or have several Enron
reps visit San Diego for demos and related discussions.

We have been talking to Stan Hanks for some time about Enron's
interests in passive measurement and are in the process of implementing
some of the performance features in CoralReef that he has described as
relevant to Enron.  Examples of existing CoralReef analyses on OC3/12
links can be found at:

 https://anala.caida.org/CoralReef/Demos/cerfnet/link/
 (real-time)

 https://anala.caida.org/AIX/
 (post-processed traces)

We are also working to better tune the skitter tool for reachability
analysis and for use by providers, an example of some existing
analyses can be found at

http://www.caida.org/Tools/Skitter/Summary/sjc.skitter.caida.org/20000227/

For end-to-end measurements, including those relating to service level
guarantees, we are working to make skping and sktrace more useful to
providers and their NOC personnel, see

 http://www.caida.org/Tools/Skitter/skping/

Another tool of relevance to providers is our cflowd which analyzes
flow export data from Cisco routers, see
http://www.caida.org/Tools/cflowd/.

We would appreciate the opportunity to talk with Enron personnel about
how to make these tools more relevant and useful to your needs,
however, it is doubtful that we will have time to discuss specific
tools on Thursday.

We look forward to meeting you soon!

Take care,

Tracie Monk
Director, CAIDA
858/822-0943

---------- Forwarded message ----------
To: amy@sdsc.edu
cc: Christine_Blair@enron.net, Kristy_Carnes@enron.net
Date: Thu, 24 Feb 2000 19:52:00 -0600
Subject: Re: CAIDA 'Metrics' WG meeting, 2 Mar 00 (fwd)

Hi Amy, Jim Irvine (EBS head of Network Planning) and I (Team Lead, EBS
Research) will attend the meeting. We will have our assistances (Christine
Blair
& Kristy Carnes, respectively) arrange the trip.  We will plan to come in the
night before and return on March 2,00.

Also, either Vince Kaminski (MD and Head of Enron Research) or Stinson Gibner
(VP, Enron Research) may also attend.  They will let me know shortly if they
plan to attend.

Regards,

Ravi.

P.S. Our company name has been changed to Enron Broadband Services
Kristy, Christine please make the appropriate travel arrangements. The place,
time, etc. are listed.

|--------+----------------------->
|        |          amy@sdsc.edu |
|        |                       |
|        |          02/24/00     |
|        |          07:07 PM     |
|        |                       |
|--------+----------------------->

>----------------------------------------------------------------------------|

|                                                                            |
  |       To:     Ravi Thuraisingham/Enron Communications@Enron
Communications |
  |       cc:
 |
  |       Subject:     CAIDA 'Metrics' WG meeting, 2 Mar 00
(fwd)              |

>----------------------------------------------------------------------------|

Hi Ravi,

I wanted to follow up directly with you and see if you or anyone at Enron
had any interest in participating in the proposed CAIDA "Metrics" working
group meeting?

Please let me know.

Amy E. Blanchard
CAIDA

%%%%%%%%%%%%%
e-mail: amy@caida.org
phone: (858) 534-8338
fax:   (858) 534-5117

   B.  WG Charters, Meeting on 2 Mar 00

I believe that we should instead run a single CAIDA Working Group
on 'Network Metrics,' rather than the two proposed earlier.  My draft
of its charter is appended below.  It focuses on producing educational
material about network measurement, and on developing new metrics - these
were the two areas of greatest interest amongst the CAIDA members.

The WG co-chairs are
  Sue Moon (SprintLabs) and Brett Watson (MFN/Abovenet)

You are invited to attend the first WG meeting.
The agenda is as follows ..

   Agenda for CAIDA WG meeting on: Thursday 2 Mar 00
                                   -----------------
   10 am - 4 pm, AboveNet, Downtown SJC (see below for details)
   ------------            ------------

   1. Review WG Charter
      - Is it reasonable as set out in the draft?
      - What should be removed or added?

   2. Work through revised charter in detail
      - Identify the work required for each part
      - Determine who's willing to work on it
      - Attempt to determine delivery times

   3. Discussion of new metrics
      - First attempt at making a list of metrics to be considered

   4. Anything else ?

Location: AboveNet is located in the Knight-Ridder Building,
attached to the Fairmont Hotel complex.  The address is

  50 W. San Fernando St.
  San Jose, CA  95113

RSVP: To help us with organising the meeting, please send email to
   nevil@caida.org telling us how many will attend from
   your organisation.

Cheers, Nevil

-------------------------------------------------------------
   Nevil Brownlee                     Visiting Researcher
   Phone: (619) 822 0893                 CAIDA, San Diego

CAIDA Network Metrics Working Group: Draft Charter, Tue 23 Feb 00

Goals:
 1 Education
   + FAQ on What does 'measuring the Internet actually mean?'
     - Why measure anyway?
     - What can be measured?  How?  Where?  By whom?
     - Active vs passive, end-to-end vs provider network only,
       application vs transport layer
     - Rating schemes: provider 'net performance' pages, Internet
       'Weather Map's, Keynote, etc.
     Publish as CAIDA web pages, or maybe as an Info RFC

   + Survey paper on metrics and Internet Measurement
     - Current measurement efforts (Surveyor, RIPE Test Traffic,
       AMP, IPERF, AT&T, Keynote,skitter, ...)
     - Current tools
     Publish as CAIDA web pages

 2 Service Metrics
   + Define new metrics
     - Taxonomy of current metrics (IPPM, RTFM, ITU, ..)
     - Summary of metrics used for current services
     - Gather information/ideas about new/emerging services,
       especially DiffServ-based ones
     - Make list of new metrics, either to improve measurement of
       existing services or to support new ones
       [list of 'metrics' questions (Appendix A) goes here]

   + Organise experimental implementation/testing of tools
     for new metrics

   + Make recommendations on implementation
     - Define core set of 'really useful' metrics
     - recommend that CAIDA implement these as a
       'Service Measurement Toolkit'

   + Publish new metric definitions through IPPM or RTFM

   + Produce document "measurement requirements for hardware/software
     vendors."  Publish on CAIDA web pages

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

Appendix A: Questions from the earlier draft CAIDA WG charters

 a. What types of network- and transport-layer metrics are being
    used by ISPs in engineering and operating their networks?
    By Customers for verifying service guarantees?
 b. What new services are being (or are likely to be) offered, e.g.
    DIFFSERV?  Is there a need for higher-layer metrics to better
    monitor and manage these services?
 c. Will these new differentiated transport- and
    application-layer services need new metrics?
 d. How can the service metrics be measured in a multi-ISP
    environment?
 e. How can customers verify these measurements?
 f. What requirements would service measurement introduce for
    equipment vendors?

 g. How relevant are specific techniques (e.g. which flow) and
    points of measurement to specific users (ISP, customer, etc.)
    requirements?
 h. How do these metrics relate to network behavior as perceived
    by users? How do they correlate with performance?

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

Appendix B: Background on the IETF Working Groups

* RTFM WG: Realtime traffic Flow Measurement

RTFM is concerned with passive measurements of two-way traffic flows,
specified in terms of their end-point attributes.  Its primary goal was

To produce an improved Traffic Flow Measurement Model considering at least the
following needs:

 a. Wider range of measurable quantities, e.g. those
    relating to IPv6, and to class of service
 b. Simpler ways to specify flows of interest
 c. Better ways to control access to measured flow data
 d. Strong focus on data reduction capabilities
 e. Efficient hardware implementation

* IPPM WG: IP Performance Measurement

The IPPM WG charter is to develop a set of standard metrics that can
be applied to the quality, performance, and reliability of Internet
data delivery services. These metrics will be designed such that they
can be performed by network operators, end users, or independent
testing groups. It is important that the metrics not represent a value
judgement (i.e. define "good" and "bad"), but rather provide unbiased
quantitative measures of performance.

RFCs
  Framework for IP Performance Metrics (RFC 2330)
  Metrics:
     Connectivity (RFC 2678),
     One-way Delay (RFC 2679), One-way Packet Loss (RFC 2680)
     Round-trip Delay (RFC 2681)

I-Ds
     Bulk Transfer Capacity (2x)
     Instantaneous Packet Delay Variation
     One-way Loss Patterns

* Other WGs

The RMONMIB WG is thinking about 'Application Performance
Measurement.'  This is clearly a hard problem (e.g. does this just
mean response-time measurement, can it be done by passive means, how
should the measurements be presented, etc.).

In short
 - RTFM provides a good distributed measuring system for traffic
   volumes
 - IPPM has concentrated on transport-layer behaviour of the
   current, best-effort Internet.
 - RMONMIB is beginning to consider application-layer measurement

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

-----End of forwarded message-----


(See attached file: Tenaska IV Est Imbalance0302.xls)


-----Original Message-----
From: 	"Sifert, Bryan" <bryan.sifert@csfb.com>@ENRON [mailto:IMCEANOTES-+22Sifert+2C+20Bryan+22+20+3Cbryan+2Esifert+40csfb+2Ecom+3E+40ENRON@ENRON.com]  On Behalf Of "Stein, Neil" <neil.stein@csfb.com>
Sent:	Monday, June 18, 2001 6:11 AM
To:	undisclosed-recipients:;@ENRON
Subject:	CSFB Independent Power Weekly-Issue #31

Good Morning,

Attached, please find the latest issue of our Independent Power Weekly.

 <<IPW061801.pdf>>

Summary:
1. IPPs Fall 5.1%   Last week our IPP composite fell 5.1%, outperforming the
NASDAQ (-8.1%), but lagging behind the S&P 500 (-4.0%).  AES Corp. was the
strongest performer in the group, rising 3.8%.  NRG Energy was the weakest
performer, falling 11%.

2. Investors Focus on Today's FERC Meeting   Putting pressure on stock
prices, investors expressed concern regarding the FERC's special upcoming
meeting, scheduled for today (6/18).  At today's meeting the commission is
expected to extend the scope of its previous April 25 California market
mitigation order.  In particular, we expect FERC to: 1) Extend floating
power price caps to all hours; and, 2. Extend floating caps to other western
states.

3. Minimal Impact on IPPs   We believe the expansion of the FERC's current
market mitigation plan will have an immaterial impact on the Independent
Power Producers with California exposure-AES, CPN, MIR, NRG, and RRI.  Our
reasons are as follows: 1) The bulk of their capacity is sold forward; 2.
The FERC's methodology is benign; and, 3) Valuations already reflect
political uncertainty and normalized power prices.

4. NRG Hosts Conference Call On Friday (6/15), NRG hosted a conference call
to address investor concerns surrounding near-term equity needs, pending
acquisitions and recent regulatory developments.  On the call management
noted that: 1) Barring a major acquisition, it will not issue equity in the
near-term; 2) NRG's pending acquisition of 1,767 MW of generation capacity
from Conectiv should close by June 30; and, 3) Expansion of the FERC's
Western market mitigation measures should not impact NRG's performance.
Also on the call, management reaffirmed its previous 2001 EPS guidance of
$1.35. .  Trading at 13.2 times our 2002 estimate versus a group average of
16.1 times, NRG represents the best relative value in the IPP group.  We
believe this discount is unwarranted and reiterate our Buy rating and $37
price target.

5. Review of ORN Analyst Conference   On Tuesday (6/12), Orion Power hosted
its first major investor conference in Baltimore, Maryland.  The meeting
featured presentations from 10 senior managers.  We do not believe investors
were previously aware of the full breadth and depth of the management team.
While no major announcements were made, the meeting served to confirm that
ORN is on track to achieve its strategic and growth objectives.

6. Coverage of GEG Initiated with a Buy Rating   On June 11, 2001 CSFB
initiated on Global Power Equipment Group (GEG) with a Buy rating and a
twelve-month price target of $42.  We co-cover GEG with John McGinty--CSFB's
machinery analyst.

Regards,

Neil Stein   212/325-4217
Bryan Sifert   212/325-3906

This message is for the named person's use only.  It may contain
confidential, proprietary or legally privileged information.  No
confidentiality or privilege is waived or lost by any mistransmission.
If you receive this message in error, please immediately delete it and all
copies of it from your system, destroy any hard copies of it and notify the
sender.  You must not, directly or indirectly, use, disclose, distribute,
print, or copy any part of this message if you are not the intended
recipient. CREDIT SUISSE GROUP and each of its subsidiaries each reserve
the right to monitor all e-mail communications through its networks.  Any
views expressed in this message are those of the individual sender, except
where the message states otherwise and the sender is authorised to state
them to be the views of any such entity.
Unless otherwise stated, any pricing information given in this message is
indicative only, is subject to change and does not constitute an offer to
deal at any price quoted.
Any reference to the terms of executed transactions should be treated as
preliminary only and subject to our formal written confirmation.

 - IPW061801.pdf


Start Date: 4/13/01; HourAhead hour: 14;  No ancillary schedules awarded.
Variances detected.
Variances detected in Energy Import/Export schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041314.txt

---- Energy Import/Export Schedule ----
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 14 / Preferred:  20.00 / Final:  19.97)
  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/13/01
  TIE_POINT: FCORNR_5_PSUEDO
  INTERCHG_ID: EPMI_CISO_BUNNY
  ENGY_TYPE: FIRM


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

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

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

Subject: The New Power Company; Reserved Share Program

Enron U.S Employees:

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

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

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

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

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

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


What a mess!

suzanneadams@att.net on 04/09/2001 06:50:22 PM
To: Kay.Mann@enron.com
cc:

Subject: Re: Doctor's Report

You know I forgot all about the conference, but the doc
picked the day not me.  Anyhow you look at it though,
the timing is good.  Cool!  I'm going to have thousands
of emails!
>
> Actually you picked a good week to make the transition since we'll be at
> the law conference Wed-Friday.  You can ease into things again without us
> hovering.
>
> Kay
>
>
>
>
> suzanneadams@att.net on 04/09/2001 06:44:09 PM
>
> To:   Kay.Mann@enron.com
> cc:
>
> Subject:  Re: Doctor's Report
>
> Boy, you sure know how to make me feel good!  Sheila
> said she was so sad I wouldn't be back until the 30th.
> The doc said my abs were good and tight, but I can't do
> any ab work until one more month.  Wait until you see
> me, I'm a shadow of my former self with all that
> swelling gone.  I feel so much better.  I can't eat very
> much any more either.  I can drink though!!!!!!!!!
>
> Well, if you aren't going to work until I get back, then
> you need to come over and we can go hang out!!!!
> Wouldn't that be a hoot!
> >
> > I think I'll just take off until you get back!
> >
> >
> >
> >
> > suzanneadams@att.net on 04/09/2001 04:43:57 PM
> >
> > To:   sheila.tweed@enron.com, dan.lyons@enron.com,
> >       carol.st.clair@enron.com, kay.mann@enron.com,
> >       mary.j.heinitz@enron.com, janette.elbertson@enron.com,
> >       margaret.doucette@enron.com, becky.spencer@enron.com
> > cc:
> >
> > Subject:  Doctor's Report
> >
> > I went to the doctor today for my checkup, and he said I
> > was doing good (a very fast healer).  However, he still
> > wants me to take it easy for a couple more weeks.
> > Therefore, he's released me to return to work on Monday,
> > April 30!  I'll be ready!!!!!!!
> >
> >
> >
> >
> >
> >
>
>
>
>
>


With regard to the Commission's limitations on the right of first refusal,
Order 637 provides for grandfathering of discounted long-term contracts that
are now subject to ROFR.  The Commission's rationale was that grandfathering
gives all shippers notice of the new limitation and the opportunity to
re-execute current contracts.  The TW Commercial Group has asked whether we
should challenge the grandfathering of existing contracts.  In limiting the
right of first refusal, the Commission has expressly acknowledged that if a
customer is truly captive and has no alternatives for service, it is likely
that its contract will be at the maximum rate.  Shippers that are not captive
and have alternatives in the marketplace do not need the protection of ROFR,
and the pipeline should be able to negotiate with other interested shippers
upon expiration of the contract.

In light of these conclusions, there should be no reason to grandfather the
ROFR rights of shippers under existing discounted contracts.  Such shippers
would not be harmed by removal of the right immediately upon the effective
date of a pipeline's tariff filing to limit the right of first refusal
(assuming the service contract incorporates tariff terms on an "as amended"
basis).  Consistent with the Commission's order, it would not be unfair to
make these shippers compete with others for the capacity upon expiration of
the contract.


Steve,

The necessary information for ENA has been placed in the attached draft as
well as a few modifications to the front page.  In addition,  I have
included  at the end of the GISB a list of Special Provisions for your
review.

Finally,  with regards to "agent",  would you fax me a copy of the Agency
Agreement,  or is it possible for the agreement to be in the name of Murphy
Exploration & Production Company.

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


Brian - I''ll be on vacation next week so if you have any questions, please
call my counterpart in Houston, Christi Nicolay.  Her E-mail address is
above.  Her phone number is (713) 853-7007.

Christi will be pulling together the answer to data request number 8 for you
for just the WSCC.  Christi - Chris is your contact person here to make sure
the numbers are correct.

	Enron Capital & Trade Resources Corp.

	From:  "Brian Harrington" <brian.harrington@ferc.fed.us>
     09/15/2000 04:59 AM

To: <Mary.Hain@enron.com>
cc:
Subject: Re: Response to FERC Data Request for Bulk Power Investigation

I appreciate your quick response.  Yes, we would like response to question 8
for the WSCC only.  Thank yor the names at Enron Wind.  I will contact them
shortly.  Other team members have reviewed your responses, but I have not got
a l chance to look at them in detail.  I plan to do this today.  As a resutl,
I may have further questions or data needs depending upon what was provided.
Please call me at 202-208-2493 if you need anything.

>>> <Mary.Hain@enron.com> 09/14/00 08:06PM >>>

Since you only wanted information for the WSCC, do you want the answer to
number 8 to be corrected to only include information for the WSCC?

We don't have any information here about Enron Winds' generators.  I have
forwarded your data requests to the following people at Enron Wind who I
hope will be able to help you:  John Lamb, Michael Payne, and Hap Boyd.
Their addresses are: Michael Payne/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Hap
Boyd/EWC/Enron@Enron, John Lamb/EWC/Enron@ENRON

 (Embedded     Enron Capital & Trade Resources Corp.
 image moved
 to file:      From:  "Brian Harrington"
 pic05447.pcx) <brian.harrington@ferc.fed.us>
               09/12/2000 08:17 AM

To:   <chris.stokley@enron.com>, <mary.hain@enron.com>
cc:
Subject:  Response to FERC Data Request for Bulk Power Investigation

Thank you for your timely response to FERC's data request.  To date, I have
received responses to questions 2-8.  The only oustanding items are
responses to question #1 and a portion of #4 (unit identifier).  It is
understood that the responses for #1 will be availalbe after September 15
and the additional information for #4 will be available this week.  We will
look over your responses and call you if clarification or additional
information is necessary.  We will treat as you requested #2, 3, 4, 6, and
8 as Confidential.

You were correct is responding only to the WSCC.  We did not purovidea
separate data requests to Enron Wind.  In not doing so, what information
are we missing from our data requests?  Please e-mail me a response to this
questions.  For any other concerns please continue to use e-mail or contact
me at 202-208-2493.

Thanks!


Attached is the revised Schedule I to the Bisti Compression Services
Agreement Amendment.  Please replace the existing Exhibit with this one.  If
you have any questions, please call me at x-33512.  Thanks for your all help
in getting these done timely.


Now that the cat is out of the bag I can tell you about the other big project
I have been working on.  The press releases went out last week.  Mark Taylor
was also the host of this year's ECT Legal Conference (which takes alot of
work to put together!), which we just had on Thursday and Friday.

You may have read in the papers about our new Enron Online, our new web based
commodity trading system.  You can view it at www.EnronOnline.com.  Mark has
been the lead attorney on that project which has been an enormous amount of
work for him.  Besides being Mark's aide-de-camp on EOL generally, I have
been working on the counterparty approval lists for the financial contracts,
which has meant going through every counterparty we have to determine whether
we should approve them for online trading.  As you can imagine, that has
meant looking at thousands of counterparties, contracts and legal issues and
trading restrictions.

As far as my "Fishkin" project (as Mark and I call it), I recently went to an
internal class on Project Management and am redefining my project goals,
objectives, etc.  We've found a few new software programs we've been looking
at, some we found out Enron already has.    Mark and I are discussing what
we've seen, defining and redefining what we want, and hope to finalize our
thoughts soon.

 Mark and I are currently designing the swap jurisdictional database in a
Lotus Notes format, and hope this week to get the computer people to design
the software.  This would be my database of foreign derivative laws, ISDA
opinions and the like.  We need that up and going desperately.   We, have
been having to look alot at foreign laws for the online trading project as
well as general trading questions lately, and it should be a slam dunk to put
this database together and start loading the information.

So that's been what I've been up to, let me know your thoughts about EOL!

P.S.  Thanks for the article!


LLGM

	Dan Lyons
	07/31/2000 04:31 PM

		 To: Richard B Sanders/HOU/ECT@ECT
		 cc: Mark E Haedicke/HOU/ECT@ECT, Julia Murray/HOU/ECT@ECT
		 Subject: Brazos Cert Filing

They are pursuing the QF case to the Supremes....are we going to recommend
that Pnderosa Pine retain either LLGM or VE on this? It is primarily a FERC
issue and I don't know whether you want to go with VE for the litigation
expertise or LLGM fror the FERC expertise...I expect that we are going to get
asked about this by our commercial people fairly quickly
----- Forwarded by Dan Lyons/HOU/ECT on 07/31/2000 04:27 PM -----

	fordb@winstim.com
	07/31/2000 03:13 PM

		 To: kneisler@llgm.com
		 cc: Tmoore@llgm.com, dan.lyons@enron.com, rquinn@tenaska.com
		 Subject: Brazos Cert Filing

Kirsten,

As I mentioned to you this morning by phone, we are advised that Brazos
Electric
Power Cooperative filed a cert. petition on Friday with respect to the  Fifth
Circuit decision in the QF case.  We will send the papers to you (or to
whomever
Enron or Ponderosa designates) when they come in.

I believe that someone in our D.C. office has informed the Solicitor General's
office that we no longer represent the partnership.  However, I don't think it
will not be necessary for us to file a withdrawal as counsel for the
partnership
since the cert petition starts a new proceeding.

Regards,

Bart

______________________________________
This message, together with any attachments, is intended only for the
use of the individual or entity to which it is addressed and may contain
information that is legally privileged, confidential and exempt from
disclosure.  If you are not the intended recipient, you are hereby
notified that any dissemination, distribution, or copying of this
message,or any attachment, is strictly prohibited.  If you have received
this message in error, please notify the original sender (or the WSPR
Help Desk) immediately by telephone (212-858-1000) or by return
E-mail and delete the message, along with any attachments, from
your computer.  Thank you.


Steve:  FYI.  Don't worry about the conference call, but thought it might be
useful to review the proposals prior to Monday's meeting.

See you Monday.

Happy Thanksgiving to all.

Best,
Jeff

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

Several IEP companies have been invited to a meeting with the Governor,s
staff next Monday, November 27th.
The following are some options, which the Governor,s office is considering.
IEP is doing some preliminary research on some of these topics.  IEP would
like to arrange a teleconference call around noon on Monday, November 27th to
discuss the Governor,s meeting.  Please advise us as to whether your have
been invited, and who you are sending.
California,s electricity supply situation has two inter-related problems )
(1) high wholesale electricity costs, and (2) marginally adequate supply of
generation ) both have combined to create a dysfunctional wholesale
electricity market.  The goals should be:
 To assure reliable electricity to California consumers for the lowest
reasonable cost.
o Consider requiring that all in-state generation be sold in state.
o Consider re-asserting state authority over the operation, maintenance and
safety practices of all in-state generating facilities, for public health and
safety purposes.
o Consider developing a state power authority to build generation and
own/operate transmission.
o Consider requiring utilities both to retain existing and to build new
generation.
o Consider providing utilities with authority to stabilize retail prices to
be paid by consumers through development of an energy portfolio that reduces
exposure to spot markets, including contracting forward for much more of
their unmet power needs.
o Consider extending consumer rate freeze.
o Consider centralizing power plant dispatch like the other ISOs in the rest
of the country.
o Consider eliminating the ISO and assigning its functions to either a state
or private entity that can acquire the transmission facilities, and control
the electricity transmission grid (MUNIs have proposed this).
o Consider sponsoring/supporting legislation to change the ISO and PX boards
to increase accountability.
o Expand energy conservation programs focused both on immediate peak demand
reduction and on longer term, broader-based programs.
o Aggressively work to site new generation and transmission facilities, to
streamline permitting, and to develop renewable resources.
o Call for/sponsor federal FERC reform legislation that would:
o Impose a regional price cap that varies by time of day and year;
o Set requirements for FERC to use its retroactive refund authority;
o Improve FERC enforcement over price gouging practices;
o Affirm the role of states to protect their customers from unjust prices.
o Pressure the FERC to do its job to (1) bring about responsible seller
behavior in wholesale electric markets through price controls and other
market interventions as necessary, and (2) provide refunds to affected
consumers.
----- Forwarded by Jeff Dasovich/NA/Enron on 11/22/2000 03:44 PM -----

	Susan J Mara
	11/22/2000 03:05 PM

		 To: "CHUDSON" <carol@iepa.com>
		 cc: "Andy Brown \(E-mail\)" <abb@eslawfirm.com>, chudson@iepa.com, "Curtis
Kebler \(E-mail\)" <curtis_l_kebler@reliantenergy.com>, "Delaney Hunter
\(E-mail\)" <dhunter@smithandkempton.com>, "Greg Blue \(E-mail\)"
<gtbl@dynegy.com>, "Jack Pigott \(E-mail\)" <jackp@calpine.com>, "Jeff
Dasovich \(E-mail\)" <jdasovic@enron.com>, "Joe Ronan \(E-mail\)"
<joer@calpine.com>, "John Stout \(E-mail\)" <John_H_Stout@reliantenergy.com>,
jparker@HMOT.com, "Katie Kaplan \(E-mail\)" <kaplan@iepa.com>,
kelly@hnks.com, "Kelly Norton \(E-mail\)" <knorton@mcnallytemple.com>, "Lynn
Lednicky \(E-mail\)" <lale@dynegy.com>, marie_moretti@msn.com,
mrmonagan@aol.com, "Bob Weisenmiller \(E-mail\)" <rbw@mrwassoc.com>, "Bob
Escalante \(E-mail\)" <rescalante@riobravo-gm.com>, "Rob Lamkin \(E-mail\)"
<rllamkin@seiworldwide.com>, "Jan Smutny-Jones \(E-mail\)" <smutny@iepa.com>,
"Steven Kelly \(E-mail\)" <steven@iepa.com>, "Susan J Mara \(E-mail\)"
<Susan_J_Mara@enron.com>, "McNally Temple Assn. Inc. \(Business
Fax\)"@mail.cwo.com
		 Subject: Re:

Jeff Dasovich and Steve Kean are attending.  Someone can be on a call -- me
if no one else -- if Jeff and Steve are travelling at the time. Hey, does the
Governor have to fly coach?

	"CHUDSON" <carol@iepa.com>
	11/22/2000 12:47 PM

		 To: "Katie Kaplan \(E-mail\)" <kaplan@iepa.com>, "Jeff Dasovich \(E-mail\)"
<jdasovic@enron.com>, "Kelly Norton \(E-mail\)" <knorton@mcnallytemple.com>,
"John Stout \(E-mail\)" <John_H_Stout@reliantenergy.com>, "Curtis Kebler
\(E-mail\)" <curtis_l_kebler@reliantenergy.com>, "Rob Lamkin \(E-mail\)"
<rllamkin@seiworldwide.com>, "Bob Weisenmiller \(E-mail\)"
<rbw@mrwassoc.com>, "Susan J Mara \(E-mail\)" <Susan_J_Mara@enron.com>, "Andy
Brown \(E-mail\)" <abb@eslawfirm.com>, "Bob Escalante \(E-mail\)"
<rescalante@riobravo-gm.com>, "Greg Blue \(E-mail\)" <gtbl@dynegy.com>, "Jack
Pigott \(E-mail\)" <jackp@calpine.com>, "Jan Smutny-Jones \(E-mail\)"
<smutny@iepa.com>, "Joe Ronan \(E-mail\)" <joer@calpine.com>, "Lynn Lednicky
\(E-mail\)" <lale@dynegy.com>, "McNally Temple Assn. Inc. \(Business
Fax\)"@mail.cwo.com, "Steven Kelly \(E-mail\)" <steven@iepa.com>, "Susan J
Mara \(E-mail\)" <Susan_J_Mara@enron.com>, <mrmonagan@aol.com>,
<marie_moretti@msn.com>, "Delaney Hunter \(E-mail\)"
<dhunter@smithandkempton.com>, <kelly@hnks.com>, <jparker@HMOT.com>,
<chudson@iepa.com>
		 cc:
		 Subject:

Jan Smutny-Jones, Exec Dir
Independent Energy Producers Assn.
1112 I Street, Suite 380
Sacramento, CA 95814
PH: 916-448-9499
FX: 916-448-0182
iepa@iepa.com

 - Govs meeting Conf Call.doc


Due to a doctor's appointment on Tuesday, April 3, Frank Sayre will be in the
office by 12:00 noon.  If immediate assistance is needed, please contact
Taffy Milligan at 57373.

Thank you,
Holly Keiser
Enron Americas
Legal Department - EB 3887
713-345-7893 (ph)
713-646-3490 (fx)
Holly.Keiser@enron.com


I got the message that we are headed for Zurich for the WWF meeting in
November.  This is a very delicate situation in that WWF will use whatever
you say, even the hint of the slightest committement, against Enron in the
future. As you know, I have found this group the most dishonest, back
dealing  NGO I have ever dealt with.When Shell has these meetings, they have
my counterpart meet ahead of time with the the WWF top staff person and work
out an agenda. For example, you will have to be throughly briefed on the
Bolivian situation before we go in.  I also would find it counter productive
to include any of the low level WWF staff that went to this meeting when
Shell held it last.   Remember, this is the group that publicly announced
that Enron has gotten away with murder for years and we are going to get
them.  They also have te goal of wanting to lock us up in a world wide
partnership. This is the last groupo I would do this with.

I guess this is a long way of saying that we need to go in their well
prepared with our eyes wide open. Did you commit to any agenda when you set
up the meeting? I will contact their staff and see what they want to discuss
and when I get back to the states, I start pulling materials together.


We are one @enron.com!

Please be aware of the following senders were automatically notified to (a).
stop sending internet mail to your @ect.enron.com address and to (b). send
future internet communications to Daren.J.Farmer@enron.com :

fpam_@hotmail.com, mjones7@txu.com

REMINDER :
Your @ect.enron.com address should not be used any longer and will be
deactivated soon.  So please make sure these contacts switch to your new
@enron.com address.  If you have subscribed to mailing lists, please make
sure to update your addresses there as well.
AND
Your shortname@enron.com address (i.e. jsmith@enron.com) will continue to
work, even though your formal address is longname@enron.com (i.e.
john.smith@enron.com)

Please do not reply to this message as it was automatically generated.


See my changes on the attached.

Jeffery Fawcett
03/02/2000 12:45 PM
To: Susan Scott/ET&S/Enron@ENRON
cc:

Subject: Calpine Operating Agreement


Thanks for the kind words, Vince.  What a lovely way to start my Monday!

Molly

 -----Original Message-----
From:  Kaminski, Vince
Sent: Monday, April 02, 2001 7:40 AM
To: Magee, Molly
Subject: Re: Loan documents

Molly,

Thanks. You are the most dependable
person in Enron.

Vince

From: Molly Magee/ENRON@enronXgate on 03/31/2001 04:27 PM
To: Vince J Kaminski/HOU/ECT@ECT, Kenneth Parkhill/NA/Enron@ENRON
cc:
Subject: Loan documents

Just wanted to reassure both of you that I had not forgotten to draft these
documents.   I hope to have them complete some time during this next week and
will forward them for review.

Thanks,

Molly
x34804


Mike:

Actually........................................  (my Dots are longer than yours)

the SWAG model was 69.50000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000001, so

the RESEARCH MODEL's operator (you) owes me 1oz of margarita!!!!!!!!!!!!!!!!!!!

Being so analitical I thought you would have known that!!!!!!!!!!!!!!!!!!!1  (JUST KIDDING)
 -----Original Message-----
From: 	Roberts, Mike
Sent:	Thursday, April 19, 2001 9:22 AM
To:	Schwieger, Jim
Subject:	congrats on number

Jim

Actually...........

the research model was 68.453 bcf, so..........

the SWAG model's operator (you) owe me 3oz of margarita!!!!

---------------------- Forwarded by Mike A Roberts/HOU/ECT on 04/19/2001 09:19 AM ---------------------------

Caroline Abramo@ENRON
04/19/2001 09:17 AM
To:	Mike A Roberts/HOU/ECT@ECT, Jim Schwieger/HOU/ECT
cc:
Subject:	congrats on number

WOW- you guys nailed it yesterday.. great response from all the funds.. very impressed.. i always am.

Kind Regards,
Caroline

<Embedded Picture (Device Independent Bitmap)>


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 11/06/2000
04:44 PM ---------------------------

Mail Delivery Subsystem <Mailer-Daemon@postmaster.enron.com> on 11/06/2000
04:08:28 PM
To: <Vince.J.Kaminski@enron.com>
cc:
Subject: Returned mail: User unknown

The original message was received at Mon, 6 Nov 2000 17:08:12 -0500 (CDT)
from [172.28.10.39]

   ----- The following addresses had permanent fatal errors -----
<vkaminski@ol.com>

   ----- Transcript of session follows -----
... while talking to mail.9netave.com.:
>>> RCPT To:<vkaminski@ol.com>
<<< 553 <vkaminski@ol.com>... no such user
550 <vkaminski@ol.com>... User unknown

   ----- Original message follows -----

Return-Path: <Vince.J.Kaminski@enron.com>
Received: from nahou-msmsw03px.corp.enron.com ([172.28.10.39])
 by postmaster.enron.com (8.8.8/8.8.8/postmaster-1.00) with ESMTP id RAA27573
 for <vkaminski@ol.com>; Mon, 6 Nov 2000 17:08:12 -0500 (CDT)
From: Vince.J.Kaminski@enron.com
Received: from ene-mta01.enron.com (unverified) by
nahou-msmsw03px.corp.enron.com
 (Content Technologies SMTPRS 4.1.5) with ESMTP id
<Tac1c0a274fb7223e83@nahou-msmsw03px.corp.enron.com> for <vkaminski@ol.com>;
 Mon, 6 Nov 2000 16:08:11 -0600
Subject: Re: Hello Vince
To: vkaminski@ol.com
Date: Mon, 6 Nov 2000 16:08:05 -0600
Message-ID: <OF2044DDE9.83FAC0D2-ON8625698F.007990BD@enron.com>
X-MIMETrack: Serialize by Router on ENE-MTA01/Enron(Release 5.0.3 (Intl)|21
March 2000) at
 11/06/2000 04:04:02 PM
MIME-Version: 1.0
Content-type: text/plain; charset=us-ascii

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 11/06/2000
04:15 PM ---------------------------

"John D. Martin" <J_Martin@baylor.edu> on 11/06/2000 02:33:42 PM

To:   Vince.J.Kaminski@enron.com
cc:
Subject:  Re: Hello Vince

Vince,

I'm here through Tuesday.  My home phone number is 254-757-0852 if you
would like to talk Tuesday evening.  However, I'm in Austin all day and
into the evening on Wednesday and off to New Orleans early thursday
morning.  How about I call you Thursday afternoon from New Orleans?

John

p.s. I just got a case study written by some guys at Darden (U. of Va.) on
Enron that I am copying and shipping off to you.  they have done all the
"heavy lifting" for details so all we need do is determine our focus and
write up our paper.

At 02:26 PM 11/6/00 -0600, you wrote:
>
>John,
>
>Another thought. Hoe can I contact you during the week
>to discuss the presentations?
>
>Vince
>
>
>
>
>"John D. Martin" <J_Martin@baylor.edu> on 11/05/2000 05:55:41 PM
>
>To:   vkamins@enron.com
>cc:
>Subject:  Hello Vince
>
>
>Vince,
>
>A couple of things.  First, I'm planning on your arrival at Baylor
sometime
>the afternoon of Monday, November 13.  I want to set up a small seminar
for
>our faculty if you want to do it.  I will schedule it for 4 pm so if you
>can arrive in Waco (Continental has several flights in each day) sometime
>in early afternoon I'll pick you up.  The Ex MBA class begins at 6 p.m.
and
>I'll set you up to speak first for about an hour with q&a to follow.  How
>about putting together some thoughts related to our paper?  You can do the
>same talk for the faculty in the early afternoon.  You and I can get then
>together on Tuesday morning to work on the paper.  I have a 1 p.m. class
on
>Tuesday is my only constraint.  If you have time to hang around we'll do
>the talk a third time in that class.  By then I suspect we will have made
>some real progress.
>
>Next point, we have both Ken Lay and Jeff Skilling set up for Dec 4th in
>the afternoon.  I plan to get some questions together for them based on
our
>discussions next Monday and Tuesday.
>
>I'm really looking forward to seeing you next week and to working on our
>paper.
>
>Have a great week.  I'm off to Austin and New Orleans this week, thus the
>reason for the early message on the class a week from tomorrow.
>
>Take care.
>
>John
>
>p.s. Take a look at my web site for a review of the spring "new economy
and
>business education conference".  By the by, I need a short bio-sketch on
>you for the site and for my introduction to the faculty and the class.
>
>
>John D. Martin
>Carr P. Collins Chair in Finance
>Finance Department
>Baylor University
>PO Box 98004
>Waco, TX 76798
>254-710-4473 (Office)
>254-710-1092 (Fax)
>J_Martin@Baylor.edu
>web:    http://hsb.baylor.edu/html/martinj/home.html
>
>
>
>
John D. Martin
Carr P. Collins Chair in Finance
Finance Department
Baylor University
PO Box 98004
Waco, TX 76798
254-710-4473 (Office)
254-710-1092 (Fax)
J_Martin@Baylor.edu
web:    http://hsb.baylor.edu/html/martinj/home.html


ok sarah is

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 10:00 AM
To:	Maggi, Mike
Subject:	RE:

that's cute.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 19, 2001 9:57 AM
To:	Nelson, Michelle
Subject:	RE:

yep

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 9:57 AM
To:	Maggi, Mike
Subject:	RE:

you're cooking?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 19, 2001 9:55 AM
To:	Nelson, Michelle
Subject:	RE:

i am cooking, how about you

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 9:52 AM
To:	Maggi, Mike
Subject:	RE:

i think that you were telling me that you had a big mouth and that you were going to be nice to me this week.  what are you doing for thanksgiving?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 19, 2001 9:51 AM
To:	Nelson, Michelle
Subject:	RE:

i got a little busy, where were we

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 9:51 AM
To:	Maggi, Mike
Subject:

where did you go?


Due today at 5:00...hope you guys bid!

 http://www.tw.enron.com/twdb/etfr_avcap.html


The information contained herein is based on sources that we believe to be
reliable, but we do not represent that it is accurate or complete.  Nothing
contained herein should be considered as an offer to sell or a solicitation
of an offer to buy any financial instruments discussed herein.  Any
opinions expressed herein are solely those of the author.  As such, they
may differ in material respects from those of, or expressed or published by
on behalf of Carr Futures or its officers, directors, employees or
affiliates.  , 2001 Carr Futures

The charts are now available on the web by clicking on the hot link(s)
contained in this email. If for any reason you are unable to receive the
charts via the web, please contact me via email and I will email the charts
to you as attachments.

Crude     http://www.carrfut.com/research/Energy1/crude33.pdf
Natural Gas     http://www.carrfut.com/research/Energy1/ngas33.pdf
Distillate     http://www.carrfut.com/research/Energy1/hoil33.pdf
Unleaded     http://www.carrfut.com/research/Energy1/unlded33.pdf

Nat Gas Strip Matrix
http://www.carrfut.com/research/Energy1/StripmatrixNG33.pdf
Nat Gas Spread Matrix
http://www.carrfut.com/research/Energy1/SpreadmatrixNG33.pdf

Crude and Products Spread Matrix
http://www.carrfut.com/research/Energy1/SpreadmatrixCL33.pdf

Carr Futures
150 S. Wacker Dr., Suite 1500
Chicago, IL 60606  USA
Tel:  312-368-6149
Fax:  312-368-2281
soblander@carrfut.com
http://www.carrfut.com


Tony,  Aug 26th


Still working on it. Seems we are struggling to find records that far back. Let you know later today.

David
 -----Original Message-----
From: 	Kitchen, Louise
Sent:	Friday, June 22, 2001 2:21 PM
To:	Oxley, David
Subject:	delfeld

Can you find out who this guy was and rankings etc and reason for leaving
---------------------- Forwarded by Louise Kitchen/HOU/ECT on 06/22/2001 02:21 PM ---------------------------

carl@carddomain.com on 06/22/2002 01:43:25 PM
To:	<louise.kitchen@enron.com>
cc:

Subject:	delfeld

Louise,

I worked for Enron in the mid 1990's and would like to help your group as a
consultant or employee.  Please find attached a resume for your review.

Thank you and regards,

Carl Delfeld
(719) 264-1503

 - delfeldresume1.doc << File: delfeldresume1.doc >>

<Embedded Picture (Device Independent Bitmap)>


Dear Fitness Center Members:

The Fitness Center staff is pleased that you have taken a positive step in
improving your personal health and fitness.  The following information
applies to those individuals who are beginning an exercise program for the
first time or who are are renewing and exercise program after a lengthly
layoff.

Many of us become overzealous when initiating an exercise program in
anticipation of losing weight, toning up or getting fit.  We start out too
aggresively only to lose our enthusiasm, or worse, create health problems
and/or injuries that we are trying to avoid.

It is natural to expect results as quickly as possible. However, results will
not occur overnight.  Attempting to counteract years of sedentary living in a
couple of weeks is unrealistic and dangerous.  It takes time and continuous
effort.

The most important concept to remember when starting a new exercise program
is o begin safely, slowly and progressively.  Always go at your own pace- too
much, too soon may be counterproductive.

Please take a moment to read the attached document to familiarize yourself
with the guidelines for a safe and healthy exercise program.  If you have any
questions or concerns, please contact either myself or any member of the
fitness staff for assistance.

Joshua Wooten
Health and Fitness Specialist
x35548


Jeff says Floating Price language is ok.  SS
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 07/22/99 02:40
PM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  Jeff Harbert                           07/21/99 06:28 PM

To: Sara Shackleton/HOU/ECT@ECT
cc: Dale Neuner/HOU/ECT@ECT
Subject: Re: Merita

From the contract specification documentation provided by the OM to us I
would say that for the "pulpex futures contract", reference to the term
"Daily Settlement Price" is the same as reference to "daily closing price" or
"last traded price" for the Pulpex Futures Contract after reading contract
specification section 2.1.13 of their documentation.  The OM simply defines
it as the last traded price on each business day.  However, "Daily Settlment
Price" for the pulpex options contract per contract specification 2.2.6
defines it as the mid price of the closing bid and offer price.
Give me your fax number and I'll send the documentation to you for review.

That being said I think your floating price language is OK and we should move
forward in order to close the books on this one.

Thanks for your help.

JH.

Sara Shackleton
07/16/99 09:36 AM
To: Jeff Harbert/HOU/ECT@ECT
cc:
Subject: Merita

Please review and let's talk.  Thanks.  SS


I'm fine so far - just looking for a job .  How are you?

 -----Original Message-----
From: 	Camille Gerard <cagerard2002@yahoo.com>@ENRON
Sent:	Wednesday, December 05, 2001 1:33 PM
To:	Ward, Kim S (Houston)
Subject:	How are you?

Just wondering- I heard there were more people affected.
Cam Cam

Do You Yahoo!?
Buy the perfect holiday gifts at Yahoo! Shopping.


While I don't truly fear you becoming a bitter individual as a result of
these negative experiences, I do feel the highlighted section below is now
more appropriate than ever.

One must keep their eyes open and use all of the wisdom they possess when
they trust.  Just as I suggested that positive experiences can cause one's
level of trust to grow exponentially, negative experiences can cause
irreparable harm.  If you trust blindly or too willingly and that trust is
violated it colours every aspect of your life.  There are too many people in
this world that have become bitter and cynical, not because they were born
that way but, because they handed out trust haphazardly and too many times
that trust was thrown back in their face.  I don't mean to suggest from the
above that one should live in a day-to-day mind-set of distrust but rather
that they must really look at people and all the aspects which they posses.
I have come to the conclusion that if you spend most of your time observing
and listening to people rather than always taking the lead you will learn a
great deal more about them and their character.  The smallest acts and
statements can in fact say the most, so always be observant. (This includes
listening to what others have to say and paying attention to the opinions of
people whom you respect.)

To that end I have one last comment...I am constantly amazed and periodically
reminded what fragile creatures we humans are.  That beyond the hype and
self-grandizing the basic components of ourselves (our experiences, fears,
cares, concerns, needs etc.) cannot be completely disregarded and will always
be a part of us.  I think that only by recognizing those components and
trying to understand their origin can we truly become stronger.


Below is an updated list of recent contract terminations.  I believe we need to review our internal notification system to make sure this information gets distributed in a more timely fashion.

United Illuminating - effective January 1, 2002
HQ Energy Services - effective January 1, 2002
First Energy Solutions - effective January 2, 2002
Old Dominion - effective January 10, 2002 - we should schedule in PJM through the 10th of January (do we have any other positions with Old Dominion).
Ameren Energy
GPU Energy - effective January 21, 2002 - we should schedule in PJM through the 21st of January (they may push back, but we should remind them that they will be subject to LDs).

Call David Portz at 3-9239 with questions.


<Embedded Microsoft Graph 2000 Chart>


Please take a look at Vig's effort to detect price arbitrage behavior on TW
using the same method that Steve Kirk used on Northern.  You'll recall that
Steve's chart on Northern showed an very close correlation between the
calculated arb opportunity and the direction and size of the aggregate
customer imbalances, by month.  Proving once again that TW is just a little
different, that method shows no correlation at all on TW.  I agree with Vig's
conclusion that we should not use this data in the 637 filing.

I tried one alternative reading of the data to see if I could find a
correlation.  Steve's method evenly weights the value of arb opportunities
that occur early and late in a month.  Please tell me if you agree, marketing
folks, but I think a more logical approach would risk-weight the apparent arb
opportunites.  In other words, an apparent opportunity to short TW and sell
the gas for a $.25/mmbtu profit on the 5th of a month is unlikely to generate
arb behavior because a trader has no idea on the 5th what the cash out index
will be at the end of the month.  In contrast, an opportunity to make $.25 on
the 25th of a month, when a trader can calculate pretty closely what the
monthly index will be, is basically free money.  Using that logic, I ignored
any apparent arb opportunites in the first half of the month.   I eyeballed
the timing and size of the arb opportunites (i.e., there's a $.70-.90 arb
opportunity to short TW from the 23d to the end of May, 2000) rather than
using Steve's mathematical approach.   I still didn't see the kind of
correlation I'd expect.  The correlation is directionally positive in only 4
out of 12 months, and the size of the imbalances doesn't even make sense in
the months that correlate on direction.  I give up, and am removing the arb
argument from the daily imbalance section of the draft.  I'll route that
separately.

Thanks to Vig, Susan, Lorraine and Richard for hustling on this analysis.
"Its better to try [to find a correlation] and fail than never to try at all.
. .."
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 08/13/2000
11:55 AM ---------------------------
Donald Vignaroli   08/11/2000 04:23 PM

To: Susan Scott/ET&S/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON
cc:

Subject: tw indeces


Hi Mark,

Please forward this information to the time-keeper in order that her time off
will be coded  correctly. An alternative would be for Carol to complete her
timesheets before she leaves.  With SAP this can be done in advance.

Let me know if you have any questions.

Thanks

From: Mark Taylor@ECT on 07/06/2000 07:33 PM
To: Michele Word/Corp/Enron@ENRON
cc: Carol St Clair/HOU/ECT@ECT

Subject: Carol St. Clair

Michele:

Just to let you know that I have approved the following for Carol:

1. In addition to the 6 weeks that Enron allows for leave, Carol will add to
that period by using any remaining vacation time that she has for 2000 (I
believe an additional 10-12 days).

2. After that time is used up, Carol will be on an unpaid leave of absence
until December 31, 2000.

Please let me know if there is anything else you need.

Mark


To: All Enron Worldwide
cc:

Subject: Relief for earthquake victims in Turkey

Shortly after 3:00 a.m. local time on Tuesday, August 17, northwestern Turkey
was struck by one of the largest earthquakes of the 20th century. Thousands
were killed in the magnitude-7.4 temblor, tens of thousands were injured, and
much of the country's industrial heartland was devastated. Countless numbers
of people were left homeless by the earthquake, which flattened multi-story
apartment complexes, toppled bridges, severed communication lines, and
shattered water and sanitation systems. Damage estimates have been put at $40
billion.

Enron employees are encouraged to donate to relief efforts and take advantage
of the Matching Gifts program to increase the impact of your donation. Enron
will match, dollar for dollar, every donation you make to relief funds.
Information about the numerous organizations that are working to provide
relief can be found at http://www.interaction.org

The InterAction web site houses a comprehensive list of relief organizations
that are working to assist the earthquake victims in Turkey. You will find
information on how to make a donation and where to send your check. Any of
these 501(c)(3), non-profit organizations operating in the United States are
eligible for the Enron Matching Gift Program. Mark Frevert,s office is
sending a separate e-mail message with instructions on how international
employees can make donations.

How to get your gift matched if you are a U.S. based employee:
Matching Gift forms can be printed from the Community Relations web site.
Please go to http://home.enron.com and click on Community Relations. Once you
are in the Community Relations site, please click on Gifts, Grants and
Giving. If you have trouble printing the form, please come to EB 4341 where
you can pick up a hard copy.

Fill out the form and send it with your check to the relief organization of
your choice. Please indicate (either on the form or with a separate note)
that your donation is directed toward relief efforts in Turkey. The
organization will return the form to Enron, at which time your gift will be
matched in full.

If you have any questions, please send a Lotus Notes message to Missy Stevens
or Vanessa Bob.

Thank you for your support!


The deal 411762 has been changed. Thank you


Bummer.  Never hurts to ask.  I'll cycle on this and get back to you with
follow up if any.  Thanks for your help on this.  DF

	From:  Bob Chandler                           01/27/2000 01:49 PM

To: Drew Fossum/ET&S/Enron@ENRON, Tim Kissner/ET&S/Enron@ENRON
cc: George Fastuca/ET&S/Enron@Enron

Subject: Multi year service contract

Per your request to ask AA where the chokepoint might be on renegotiating the
electricity contract at Cunningham to backload the payments and expense the
payments as made; the response is attached below.

First, it was difficult to point them in exactly the right direction without
tipping them off as to exactly what you had in mind.

However, they thought I might be talking about the TW compressor monetization
project...and even though I denied it...that is what they were thinking when
they did the research.   To make a long story short, they indicate that
straight line amortization of the total contract payments is the way it
should be booked unless there are circumstances to the contrary that would
indicate a different allocation over time.

I don't believe we'll be able to get any good feedback from them on the
chokepoint issue.  It boils down to how blatantly you want to skew the
payments and whether they or FERC compliance auditors ever stumble across it
in an audit.  If Accounting is not aware of such a contract with skewed
payments, then we would not be in a position to accrue expense on an
appropriate straight line basis over the life of the contract.

As to the issue of whether or not ENA should be a party to the transaction, I
did not seek AA advice on this issue, but I do believe that use of ENA as the
counterparty would double the chances for having the issue brought up in an
AA audit, since the issue could also surface in conjunction with AA's audit
of ENA.
---------------------- Forwarded by Bob Chandler/ET&S/Enron on 01/27/2000
01:22 PM ---------------------------

Heather Mueck
01/25/2000 07:23 PM
To: Bob Chandler/ET&S/Enron@ENRON
cc:

Subject: Multi year service contract

Bob -

I left you a brief message on this, so I thought I'd send you a copy of the
guidance I was referring to.  In a nut shell, there is no pain threshold for
front end or back end loading the payments under a contract.  Generally, we
believe you would need to straight line the expense but I can't say for
certain without the details.

The below is from AA Interpretations and Examples "Accounting for Leases,
Interpretations of FASB Statements 13, 27, 28, and 98" - I've bolded the
applicable section.  Call me if you have any additional questions.

AA Interpretations and Examples\05. Leases
       Accounting for Leases, Interpretations of FASB Statements 13, 27, 28
and 98

1-12. Facility Management Arrangements
In a typical facilities management arrangement, the vendor purchases from a
company ("customer") its existing data processing equipment and hires all or
some of the customer's data processing personnel. The vendor is then engaged
to provide information technology services to the customer for an extended
period of time (typically 5 to 10 years).

Company's Obligation Under the Service Contract
Obligations under executory agreements that are contingent upon services to
be rendered in the future are not liabilities and should not be recorded
except to the extent losses are inherent in such commitments. No liability
should be recognized for a customer's future obligation under an information
technology services contract unless it becomes probable that the customer
will incur a penalty or loss from termination of the contract.

An issue arises as to whether the sale of existing data processing equipment
or facilities to a vendor that uses the purchased property to provide
information technology services to the seller is, in substance, a sale and
leaseback transaction that should be accounted for separately under SFAS Nos.
13, 28 and 98. An information technology services contract typically can be
distinguished from a lease for the following reasons:

The vendor is responsible for the financing and operation of the data
processing equipment and facilities.
Data processing personnel are employees of the vendor.
The vendor is not required to use the equipment purchased from the customer
to provide service to that customer and may use the equipment to serve other
customers.
The vendor provides guarantees regarding performance and retains risks
related to the operating costs.
The vendor is not entitled to payment unless the required services are
provided to the customer in accordance with specified standards.

As a result, generally we believe the sale of data processing equipment or
facilities pursuant to a facilities management arrangement should not be
unbundled and accounted for separately as a sale and leaseback transaction.
However, because of the customer's continuing involvement with the equipment
of facilities sold, we believe any gain or loss on the sale should be
recognized in a manner consistent with the guidance prescribed in paragraph
33  of SFAS No. 13 for sale-leaseback transactions.

Some outsourcing arrangements may involve dedicated equipment (so called,
"exclusive use equipment") that is physically located on the company's
premises and cannot be used by the vendor to service other customers. For
example, a significant amount of the equipment may consist of terminals or
work-stations operated by the company's personnel, such as point-of-sale
registers in a department store or design terminals in an architectural firm,
and the vendor may have only limited ability to replace or remove that
dedicated equipment because of contractual provisions or practical
considerations. In these situations, the customer effectively contracts to
use the terminals or workstations for a specified period * a lease. Such
dedicated equipment should be unbundled from the information technology
services contract and accounted for separately as a sale and leaseback
transaction. In unbundling the equipment from the information technology
services contract, the portion of the fee paid to the vendor applicable to
the equipment lease should be estimated using whatever means are appropriate
in the circumstances and the lease accounted for separately according to its
classification (capital or operating)

If significant, the customer should consider disclosing its commitment under
the outsourcing arrangement. The disclosures required for any portion of the
arrangement determined by the customer to be a lease are set forth in
paragraph 16  of SFAS No. 13.

Gain or Loss on Sale of Equipment or Facilities
Because of the interdependence of terms, there is no practicable and
objective way to separate the sale of data processing equipment, software,
facilities or "know how" from the service contract. For that reason, we
believe any gain or loss from the sale of data processing equipment,
software, facilities or "know how" pursuant to a facilities management
arrangement should be recognized similar to a sale and operating leaseback
transaction as prescribed in paragraph 33  of SFAS No. 13. That is, gain from
the sale should be recognized currently only to the extent such gain exceeds
the present value of the minimum payments due over the term of the service
contract, discounted using the seller's incremental borrowing rate. Any gain
not recognized at the inception of the contract should be deferred and
amortized ratably over the term of the service contract as an adjustment to
the minimum annual fees expensed in each period. Further, if the fair value
of the property at the time of the transaction is less than its undepreciated
cost, a loss should be recognized immediately for the difference between the
undepreciated cost and fair value, regardless of the amount actually received
from the vendor for the property transferred.

Expense Recognition
Payment terms may include fixed annual fees that increase or decrease over
the term of the service contract. These payment terms may be structured in a
high-to-low pattern (that is, to recognize the favorable price/performance
curve of data processing equipment/capabilities) or a low-to-high pattern
(that is, to recognize the estimated effects of inflation on future costs).
Further, there may be payment escalation provisions in the service contract
indexed to inflation and/or the volume of transactions processed by the
vendor. We believe total minimum fees to be paid pursuant to an information
technology services contract should be charged to expense on a straight-line
basis over the term of the contract unless the level of service performed by
the vendor is not uniform over the term of the contract. If the level of
service is not uniform over the term of the contract, the amount of fees
attributable to the additional services to be rendered by the vendor should
be expensed ratably over the time periods the additional services are
provided by the vendor. The amount of fees attributable to the additional
services should be based on their relative fair value, as determined at the
inception of the contract, to the fair value of all services to be provided
by the vendor over the term of the contract.

The "term" of the information technology services contract includes the fixed
non-cancelable term of the contract plus all periods, if any, for which
failure to renew the contract imposes a "penalty" on the customer in such an
amount that a renewal appears, at the inception of the contract, to be
reasonably assured. The expression "penalty" should be interpreted broadly to
include requirements that can be imposed on the customer (a) by the vendor
(for example, a monetary penalty for not renewing the contract) or (b) by
factors outside the contract to disburse cash, forego an economic benefit or
suffer an economic detriment. Factors to consider in determining if an
economic detriment may be incurred include the uniqueness of the equipment or
software, the "know how" of the vendor, the availability of comparable
replacement systems and data processing personnel or vendors, the disruption
to the company's business or service to its customers if the contract were
not renewed and the willingness of the customer to bear the cost associated
with replacing the vendor (either by bringing the functions in-house or by
engaging another vendor). The term of the contract should also include all
periods, if any, (a) covered by bargain renewal options, (b) preceding the
date at which the customer can exercise a bargain purchase option to
reacquire the equipment, software, facilities or data processing personnel
(see Interpretation 5(d)-3, "Bargain Purchase Option 'as Encumbered' by Fixed
Price Renewals "), and (c) during which a loan from the customer to the
vendor or a guarantee of the vendor's debt, directly or indirectly related to
the leased property, is expected to be outstanding or in effect.

Future fee increases that depend upon a factor that exists at the inception
of the agreement, such as the consumer price index or the volume of
transactions processed by the vendor, should be included in the computation
of fixed fees to be recognized on a straight-line basis over the term of the
contract based on the factor at the inception of the agreement. Increases or
decreases in fees that result from changes occurring subsequent to the
inception of the agreement should be included in the determination of income
as they accrue.

Incentives Offered by the Vendor
A facilities management arrangement may include incentives for the customer
to sign the service contract. For example, an incentive implicit in a
facility management arrangement may be the vendor's assumption of the
severance liability for existing data processing personnel not retained by
the vendor. Other types of incentives include up-front cash payments by the
vendor, below market financing, excessive rental paid to lease space from the
customer, equity transactions (purchase or sales/grants) with the customer at
off-market terms, and so forth.

The fact that the vendor "assumes" a loss or cost does not negate the
customer's need to immediately recognize the loss or expense. The amount of
the loss or cost assumed by the vendor should be estimated by the customer
using whatever means makes sense in the particular facts and circumstances.
The customer should recognize the loss immediately by a charge to income and
the offsetting deferred credit (incentive) should be recognized ratably over
the term of the service contract in proportion to the fixed contractual fees
expensed in each period. Similarly, incentives that result in the recognition
of an asset or a deferred charge should be reported on the balance sheet at
the amount received or fair value, and the offsetting credit (incentive)
recognized ratably over the term of the service contract.


FRCC

 For the evening peak prices remained strong.  TLR's prevented any movement
of power into Florida during the evening peak.  TVA was the culprit in
calling for TLR's.  TLR's were not called off until He  22.  For He 23 and He
24 we sold 100mw's  to FPL at $41 and $36.  For HE 1 they bought directly
from their neighbors at $18.  FPC, JEA and TECO were flat for these hours.
For hours 2-6 FPL was a  $15 bid.  Due to limited hourly trans. available and
the likelihood of TLR's a short schedule sale to Florida was not possible.

SERC

TLR's were still in place for the evening peak thus limiting the import of
power into SERC from the North.  The eveving peak saw all of SOCO interfaces
showing -0-.  Starting HE 23  the EES side of SOCO opened up with 150 mw's.
We were able to move Cajn power into Florida staring HE 23.  We offered SOCO
$45 for this hour and they passed on it.  Off-peak offers were in the low
20's.  SOCO was a $16 bid.  No one would show a decent  bid for a 16-hr
preschedule.  The guys on shift would not show a bid or offer for a 16-hr
preschedule.  They will wait until the afternoon to start buying.  Most of
the night guys in SERC believe that TLR's will once again be called by TVA
starting in the afternoon.


Both of these deals were broker errors. Following are the corrections and
deal numbers:

# 457428
Mike Swerzbin
buying Transalta
117.50
25 MW
Dec
Mid C
On Peak

#457432
Mike Swerzbin
buying Williams
84.00
25 MW
Q1
NP-15
On Peak

Thanks for the heads up. Let me know if there's anything else.

Kate

Kerri Thompson@ENRON
11/13/2000 02:17 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: natsource check out

missing 2 deals

trader?
buying constellation
117.50
25 mw
dec
mid c
on peak

trader
buying constellation
84.00
25 mw
Q1
np-15
on peak


FYI, here is the 2001 Enron Holiday Schedule:


We have received an executed Master Agreement:

Type of Contract:  ISDA Master Agreement (Multicurrency-Cross Border)

Effective Date:   March 19, 2001

Enron Entity:   Enron North America Corp.

Counterparty:   Allegheny Energy Supply Company, LLC

Transactions Covered:  Approved for all products with the exception of:
Foreign Exchange

Confirming Entity:  Enron North America Corp.

Governing Law:   New York

CONFIRMATIONS:  There is a special form of confirmation that should be used
for all online and offline transactions.

RESTRICTIONS:  This is a TEMPORARY bridge master agreement until we can get a
new ISDA Master Agreement in place.  In a side letter agreement dated
3/19/01, the parties have adopted the Merrill Lynch Capital Services, Inc.
ISDA Master Agreement dated 12/02/92, in effect changing the names of the
parties and certain credit terms.


Jed,

Thanks for the response.

Phillip Allen