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--------------------T O P S T O R I E S--------------------

Top Stories (March 29)

CALIFORNIA ELECTRIC RATE RISE REFLECTS REALITY - UK UTILITIES
California's decision this week to raise electricity rates for consumers by
40% is a positive signal for the industry overall, but isn't likely to entice
U.K. utilities to expand further in the U.S. just yet, industry sources said.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
03/29/eng-djn/eng-djn_140044_193_976620640606

DEMOCRATS TO UNVEIL ALTERNATIVE ENERGY PLAN
Sen. Jeff Bingaman this week is expected to introduce legislation that fellow
Democrats say will provide a more pragmatic approach to energy policy.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/bellsgml
/2001/03/29/29190/70099882-0081-KEYWORD.Missing

TEXAS-NEW MEXICO POWER TO SELL 300-MW TEXAS LIGNITE PLANT
Texas-New Mexico Power Co., a unit of privately held TNP Enterprises, said
Thursday it will sell its 300-megawatt, lignite generating facility located
in Robertson County, Texas.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
03/29/eng-djn/eng-djn_170054_122_812243436929

NEW YORK PUBLIC SERVICE COMMISSION APPROVES CON ED PLANS TO REDUCE DEMAND FOR
POWER
The New York State Public Service Commission approved several programs
proposed by Consolidated Edison Inc. to reduce demand for electricity during
peak periods this summer.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
03/29/eng-djn/eng-djn_180052_168_411648378242

CONNECTICUT AGENCY NIXES RUNNING ELECTRIC POWER LINE TO LONG ISLAND
A Connecticut state agency voted down plans for a proposed 24-mile power line
running from Connecticut to Long Island, the head of the agency told Dow
Jones Newswires Thursday.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
03/29/eng-djn/eng-djn_190102_190_321250748821

----------------------------------------------------------------------
DOW JONES NEWSWIRES
----------------------------------------------------------------------
Access stories online at:
http://199.97.97.79/IMDS|PMADJN0,PMADJN1,PMADJN2,PMADJN3,PMADJN4|index

Georgia Power Files $1.45B Mixed Securities Shelf >SO

US Sen Gramm Vows To Repeal 1935 Utility Law This Year

SoCal Ed Write-Down Hangs Over Edison Preferred Shares

Conn Agency Nixes Running Elec Power Line To Long Island

NY PSC Approves Con Ed Plans To Reduce Demand For Power

Texas-New Mexico Pwr To Sell 300-MW Texas Lignite Plant

Calpine Outlook -4: Street Puts 1Q Net 13c A Share >CPN

Calpine Sees 2Q Net 20c-25c A Share >CPN

Calpine Outlook -2: Cites Growth In US Power Industry

California Elec Rate Rise Reflects Reality -UK Utilities

REPEAT:Ferroatlantica Denies EnBW Rift Over Cantabrico

Spain's Ferroatlantica Denies EnBW Rift Over Cantabrico

EU Environment Officials To Visit US Next Wk Over Kyoto

Energy-Starved Pakistan Gets Chinese-Built Nuclear Plant

HK CLP Pwr To Buy 49% In China Plant For US$18.4M

Kepco To Seek Normal May Fuel Oil Volume;Ample LNG Supply

Nuon Keeps Options Open On Bourse Listing, Merger

ABB Begins Buyback Of 2% Of Total Shares >Z.ABB

FREE TRIAL: For a free trial of the Dow Jones Energy Service go to
www.dowjonesnews.com, and click "create account," or call
1-800-223-2274.

----------------------------------------------------------------------
N A T I O N A L
----------------------------------------------------------------------
Access stories online at: http://www.powermarketers.com/pma-nat.htm

High Reliability Power

Essentials for Internet Energy Management

Los Angeles Department of Water And Power Daily Energy Update, Thursday,
March 29, 2001

Power Supplier (Watson Cogeneration Company) Files Lawsuit Against Southern
California Edison in Order to Provide Electricity in California

Democrats to Unveil Alternative Energy Plan

New Solar Flare EruptsSubject: New Solar Flare Erupts

Dwp Warns of Con Artists Posing As Utility Workers

Mariner Energy Is Apparent High Bidder on Three Deepwater Blocks in Central
Gulf of Mexico Lease Sale

State Utility Commission May Need More Time to Review PSE Rate Plan

Apache Power, L.P. Offers Solutions to the California Power Crisis

Calif. Utility Must Reveal Blackouts

Energy East's Natural Gas Companies And BP Energy Company Announce Supply And
Optimization Alliance

Siemens Solar's First Residential Earthsafe(TM) Solar Electric System
Installed in L.A. by Go Solar(R) Company

Department of Energy Federal Energy Regulatory Commission 18 Cfr Chapter I
Electronic Tariff Filings March 23, 2001.

Department of Energy National Energy Technology Laboratory Improved Recovery
from Low-Permeability Formations

Slow Down There, State Says of Power Rate Plan - Officials Studying PSE's
Variable Price Proposal

ASP eBidenergy.com Announces Agreement with Ecom-Energy

Calpine Files Application for Certification with California Energy Commission
for East Altamont Energy
Center

Calif Controller Connell: Energy Rate Hike Not Enough

Chairman of the Senate Committee on Energy And Natural Resources Will Address
Energy Newsmakers Breakfast

Excelergy Signs First Customer in the United Kindgom; Maverick Energy Selects
Excelergy's Advanced
Business Package to Manage Several of Its Critical Business Units

Ensource to Acquire Columbia Gas Turbine And Columbia Power

Repeats: Energy Volume And Open Interest Totals-Mar 29

Government Invests in Fuel-Cell Technology for Multi Dwelling Buildings

California Fuel Cell Partnership Adds Exxonmobil As Energy Partner

CMS Energy's CMS Trunkline Gas Company Unit Receives Final Ferc Approval

Ipower Technologies, L.L.C. And DTE Energy Technologies to Introduce New
Electrical Power Systems

Chesapeake Energy Corporation Announces Proposed Senior Notes Offering to
Replace Existing Senior Notes

Group 8760, Esg Supply Group 8760's Market-Leading Gisbagent(R) Software to
34 Companies in Competitive Energy Marketplace

Wind-power Industry Faces Bid System Threat

Taking Bitter Medicine: Puc Raises Electric Rates While the Governor Cowers

Umbrella Files Patent to Reduce Power Consumption And Improve Signal Quality
in Wireless Devices

Bush Urges New Exploration to Fight US "Energy Crisis"

Irrigation District Power Role Expansion Urged

Tep, Phelps Dodge Sign Long-Term Power Contract

Reaction Cool to Two-Tier Energy-Rate Plan

Altair Fuel Cell Program Advances

GE Power Systems acquires Programma Electric AB

Pseg Power Waterford Plant Receives Air/Water Permits

Sustainable Energy Technologies Ltd - Patent Issued on Sustainable Energy's
Unique Inverter Technology

Eprisolutions Tackles California Power Problems

Petroquest Energy, Inc. Announces Two Apparent High Bids in Central Gulf
Offshore Lease Sale

Pasw, Inc. And Simmons Energy Services Inc. Sign Combination Agreement

Fuel Cell Technologies Updates Altex Power Project

Silicon Valley Cranks Up Conservation As Energy Rates Soar 40%, Companies Dim
Lights, Buy More Efficient Equipment

Fire Saps Power Plant

New Turbine Engine Developed by International Automated Systems Operates at
Approximately 70% Work
EfficiencyCompany Estimates Cost of 1 Cent Per Kilowatt from Geothermal
Sources

Paragon's New Wind Tunnel Commissioned

Energy Crunch Boosts Business for Site-Selection Industry.

----------------------------------------------------------------------
I N T E R N A T I O N A L
----------------------------------------------------------------------
Access stories online at: http://www.powermarketers.com/pma-intr.htm

Ocean Energy Appoints President, Operations Director for Russian Unit

High Stakes Hinge on Russia's Energy Choices

Brazil still considering hike in energy tariffs to reduce consumption

Top Energy Summaries - Thursday, March 29, 2001 - 4:58 PM

Ener1 Announces the Appointment of CFO, Vice President of Finance &
Operations And Vice President of Sales And MarketingMobile Power And Clean
Energy Solutions Provider Announces The Appointment of US Senior Management
Team

Ballard to Supply Fuel Cells to Daimlerchrysler for 30 Fuel Cell Buses

Excelergy Signs First Customer in the United Kindgom; Maverick Energy Selects
Excelergy's Advanced
Business Package to Manage Several of Its Critical Business Units

Top Energy Summaries - Thursday, March 29, 2001 - 2:24 PM

Pakistan Unveils Plan for 600-Megawatt Nuclear Power Plant

Westcoast Energy Finalizes Acquisition of Empire State Pipeline

Govt. Authorizes Cheves Hydro Concession - Peru

View from Seattle: California's Responsible Energy Use

Bush says natural gas supplies key to US reducing greenhouse gases

GE Power Systems Acquires Programma Electric Ab

6 Die in India Power Plant Accident

Brazil : Shell to Operate in Power Generating

Brazil : Cpfl to Acquire Energy from Carioba II

Top Energy Summaries - Thursday, March 29, 2001 - 9:22 Am

Philippines Suspends Power Purchase Adjustment in Bills
Energy Transportation Group Named LNG Shipping Advisor to China Project

Japan to give 18,926 mln yen soft loans to India power, transport projects

Poland: Skawina Power Plant Gets Six Suitors

Bulgaria: Government to Liberalise Natural Gas Imports

Top Energy Summaries - Thursday, March 29, 2001 - 7:39 Am

Altek Power Corp: American Electric Power CO Inc - Altek Secures Exclusive
Rights to Sell The "Innovator Genset" - for Western Provinces

CLP Hldgs unit buys 49 pct stake in Shaanxi power station for 18.35 mln usd

Korea Power Exchange Chief Named

New Policies Proposed for China's Wind Power Production

USD1.6bn Abu Dhabi Power Award

Beijing Consumes More Natural Gas

Enron's Tokyo Unit Submits Plan for Aomori Power Plant

Philippine Energy Dept to undertake international roadshow for power sector

Partial Privatization for Power Distribution Firms

----------------------------------------------------------------------
KRT DAILY ENERGY NEWS
----------------------------------------------------------------------
Access stories online at http://www.powermarketers.com/pma-krt.htm

Coal Tax Increase Initiative Garners Little Support in West Virginia Senate

Dutch Utility Plans to Buy Northbrook, Ill.-Based Water Company

Officials Says New York at Risk for Summer Power Shortages

European Union Action to Impose Costs on British Electrical Retailers

California Energy Regulators Prepare to Raise Rates As Much As 36 Percent

California Businesses, Residents Want Credit for Use of Clean Energy

Indiana Governor Supports Bill to Sanction Utilities for Poor Service

Sacramento, Calif., Businesses Reel from Higher Electricity Bills

Virginia Utility CEO Proposes Changes in Power Plant, Line Selection Process

Researchers in Ohio Test Battery with More Storage Capacity

Oregon River Energy Plan Would Kill Scores of Fish, Fish Lovers Fear

Salt Lake City, Utah-Based Energy Firm Expects Earnings to Beat Estimates

Power Producers Coordinated Data to Take Advantage of California Market

Orange County, Calif., Businesses, Residents Worry About Electricity

Rate Raise Means California Consumers with Big Houses, Families, Pay More

California Leaders, Experts Blame Power Companies for High Prices

Experts Warn Orange County, Calif., Companies of Blackouts' Tab

Connecticut Judge Dismisses Appeal to Block Sale of Nuclear Power Plant

Officer at Waterford, Conn., Nuclear Power Plant Resigns

Wisconsin Utility Executive Expects Approval for New Transmission Line

Utility Association Holds Competition for Power-Line Workers in Conway, S.C.

Nevada Regulators to Rule on Sale of Laughlin, Nev., Power Plant

Nevada Energy Bill Calls for Major Regulatory Changes

Long Beach, Calif., Port Cargo Terminals Cope with Rolling Blackouts

Fate of Heating Bill Assistance Plan Rests with Kansas Regulators

Colorado Springs, Colo.-Based Energy Firm Sells Three Power Plants in Virginia

Severe Drought in South Florida Dries Up Sales at Some Local Businesses

New Mexico Utility Company Foresees Higher Earnings for 2001

----------------------------------------------------------------------
REUTERS
----------------------------------------------------------------------
Access stories online at:
http://news.powermarketers.com/news/articles/ElectricPower.html

ConEd users to see $208 mln rate reduction April 1--PSC

Calpine files with Calif. to build 1,100 MW power plant

U.S. EPA releases 2001 acid rain auction report

INTERVIEW-Clinton climate change czar slams Bush policy

Georgia Power files shelf for $1.2 bln in securities

El Paso says didn't manipulate Calif natgas prices

Transwestern plans expansion at Ariz. compressor stations

Calif. utility rate hike leaves bond investors in dark

Canada natgas prices slide following AGA report

TEXT-S&P rates HQI Transelec Chile S.A. bonds

Maytag farms out energy buying to TXU in 5-year deal

Chesapeake Energy to sell $800 mln 10-year notes

PJM, ISO New England propose standard for power markets

Utd Utils wins Welsh water contract -- again

PSEG gets permits for 850-MW gas power plant in Ohio

KeySpan, Calpine lead utility shares higher

TEXT-S&P assigns Reliant Resources corporate credit rating

TEXT-Moody's assigns Reliant Resources Baa3 rating

Calpine sees better-than-expected 2001 results

Russia power grid needs $5 bln/year to 2005-UES

UPDATE 1-Vodafone says debt falls to 7 bln stg

New Russian atomic energy chief good news for U.S.

INTERVIEW-Czech CEZ sees power market growth, awaits sell-off

CLP Hldgs to buy China power plant stake from TXU

Interest in Japanese corporate debt seen dwindling

FERC rejects complaint on El Paso-WSJ

*********************************************************
NEW on the POWERMARKETERS.COM TRAINING PAGE
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Hotel, Las Vegas, March 15-16, 2001.

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ELECTRONIC TRADING. Power is following natural gas to become an
electronically-traded commodity. The products, the technology and the future
of electricity transactions. Kevin Sluder, Vice President, HoustonStreet
Exchange.

NUTS AND BOLTS OF RETAILING. What it takes to put an energy retailing
operation together-- the cash and credit requirements, back office,
information technology, staffing, marketing, sales and organizational
considerations. Andrew Serri, Vice President, AmerenEnergy Marketing.

RETAIL: WHAT WENT WRONG, HOW TO FIX IT. Retail electric deregulation has thus
far been an underwhelming success, but a great deal has been learned, and it
is eminently fixable. By Dr. John O'Brien, Principal, Skipping Stone

MANAGING BILLING. The complex requirements for managing billing and
commodities in the deregulating energy industry cannot be met with current
CIS and CRM technology. Energy Retailers must embrace the next evolution of
energy customer management (ECM) solutions. Paul Grey, Chief Technology
Officer, Peace Software.

THE INTERNET AND THE VELOCITY FACTOR. Greater price transparency, faster
execution, reduced transaction costs, increased number and frequency of
transactions and increased specialization are just some of the changes to
energy markets wrought by the web, and it's just beginning. Implecations of
the internet for energy markets. E. Russell "Rusty" Braziel, Chairman and
Director, Altra Energy Technologies.

Access all online presentations at: http://www.pmaconference.com

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Attached is latest version - due to quick turnaround, there may be a few
typo's.

Julie, Gerald and I will be present. Talk to you then....


FYI

 -----Original Message-----
From: 	Whiting, Greg
Sent:	Wednesday, October 31, 2001 8:18 AM
To:	Deffner, Joseph; Hodges, Georganne; Wesner-Soong, Sarah
Cc:	Schield, Elaine
Subject:	RE: EDF Mann Initial Margin

Joe,

Man called back and is adjusting their number. They want us to PAY $49.4MM.  I am not sure who has the relationship with them to negotiate this.  No money will move until we have an answer.

				Greg

 -----Original Message-----
From: 	Whiting, Greg
Sent:	Wednesday, October 31, 2001 7:15 AM
To:	Deffner, Joseph; Kitchen, Louise; Hodges, Georganne; Wesner-Soong, Sarah
Cc:	Schield, Elaine
Subject:	EDF Mann Initial Margin
Importance:	High

Per the broker statement received this morning the initial margin for Mann increased by only $6.1MM.  It does not appear that they have changed their margin calculation method from this.  I have contacted the Enron person responsible for confirming the amounts to be settled with Mann and instructed her to contact me if Mann requests any settlement that differs from the statement received this morning.  The preliminary number for Mann's initial margin and variation margin was a net inflow of $4.8MM.

I will let you know of any changes.  Thanks.

			Greg x35399


Please see attached report.


Are you coming back to work?  Or are you going home?

 -----Original Message-----
From: 	Villarreal, Alexandra
Sent:	Tuesday, October 23, 2001 11:14 AM
To:	Griffith, John
Subject:	RE:

i miss you more and more each day.  have to leave at 3 to go and look at an apt that i saw in montrose area.  small apt complex.  we'll see how that turns out.

i dont think my band is playing this friday after all.  i think one of our members was not going to be in town so i think they booked someone else.

 -----Original Message-----
From: 	Griffith, John
Sent:	Tuesday, October 23, 2001 11:05 AM
To:	Villarreal, Alexandra
Subject:

 Hey what is going on over there?  You look wonderful today (as usual).  Are you having a good day?  Thanks for the ride yesterday.  I know it was out of your way.  I enjoyed riding and talking to you.  I hope you did the same.


???? ???  ??? ??? ??? ???  ??? ??? ??? ???  ??? TradersNews is a service of
Internet Publishing Group, Inc.

Copyright , 2001 Internet  Publishing Group. All Rights Reserved.

Attached are two of TradersNews Energy's six hourly indexes, for the  ComEd
and TVA hubs.
?
NOTICE: This data is being distributed as part of a  formal evaluation of
TradersNews Energyv. It is intended only for the original  recipient of this
e-mail and may not be distributed to  others.
?
We will send you these new hourly indexes at no charge through  March 16,
when they and our new ERCOT hourly index will be available through a
subscription service, along with our hourly, daily and term indexes for
Cinergy,  AEP and Entergy/SPP.

If you would like to participate in an evaluation of  TradersNews Energy,
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period, or have questions or feedback about that region, e-mail Suzanna
Strangmeier, at suzanna.strangmeier@ipgdirect.com.
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Otherwise, please contact me with any feedback or  questions. Thank you.
?
Bobette  Riner???????????????????????????????
Director of Indexes
TradersNews Energy
713/647-8690
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cell: 832/428-7008
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?
?
 - tvahrly030701.doc
 - comedhrly030701.doc


---------------------- Forwarded by Kay Mann/Corp/Enron on 07/24/2000 10:44
AM ---------------------------

	Enron North America Corp.

	From:  Kay Mann                           07/24/2000 10:43 AM

To: swantita_99@yahoo.com
cc: Ozzie Pagan/HOU/ECT@ECT, Jeffrey M Keenan/HOU/ECT@ECT

Subject: Re: Land Option Agreement/VEPCO

Hi Heather,

We can discuss these comments, if you want, or just incorporate them.
Electricities shouldn't mind.

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 07/24/2000 10:42
AM ---------------------------

Herman Manis
07/24/2000 10:40 AM
To: Kay Mann/Corp/Enron@Enron
cc: Lisa Bills/Corp/Enron@ENRON, Heather Kroll/HOU/ECT@ECT

Subject: Re: Land Option Agreement/VEPCO

see comments in brackets and caps.

To: Herman Manis/Corp/Enron@ENRON, Matthew Berry/HOU/ECT@ECT, Lisa
Bills/Corp/Enron@ENRON, Roseann Engeldorf/Corp/Enron@ENRON
cc: Heather Kroll/HOU/ECT@ECT
Subject: Land Option Agreement/VEPCO

FYI.

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 07/24/2000 10:08
AM ---------------------------

Heather Kroll@ECT
07/21/2000 03:55 PM
To: kraber@electricities.org, mscolo@poynerspruill.com
cc: Ozzie Pagan/HOU/ECT@ECT, Jeffrey M Keenan/HOU/ECT@ECT, Kay
Mann/Corp/Enron@Enron

Subject: Land Option Agreement

Gentlemen:

Attached below please find what we hope to be the final option agreement.
All the changes should have been made.  I've blacklined the comments from Ken
from this morning.

Ken, if this is acceptable, please call me and we will sned an executed
document to you.

Regards,

Heather


Hi Everyone,

Are you ready for the first informational meeting on Entrepreneurship at
HAAS?

Want to learn about ways to get involved with the UC Berkeley
Business Plan Competition, The Entrepreneur's Association, The Venture
Capital Roundtable Dinner, Alumni Mixers........?

Want access to some of the best tools(workshops, mentors, innovative
opportunities, mentors, liaisons with other departments..............?

Or Simply want an opportunity to contribute, grow your leadership
skills, and develop your network?

Join us for the first information meeting on Tuesday Sept 11th, from
12:30 - 2:00 pm in C135. See you there!

Sincerely yours,

The Organizing Committee

For a list of planned activities for
2001-'02, see below:

Venture Capital Roundtable dinner, The UC-Berkeley Business Plan
Competition, UC-Berkeley Solutions Group, PEL, UC-Berkeley Engineering
Lunch(s).


We parked some length with EL Paso for this morning (04/11) at PV.  We need
to sell the energy at PV.  The length is in Enpower already.  Please make the
sale at PV under ST-SW.  Aepco, MWD, TNP and LDWP should be buying.  The
price for deal #577883 goes in the model...not the price you sold it at.

EPE length is in Enpower, deal# 577883, this will be out in RT Position
Manager.  56mws for the day.
The schedule is as follows:

HE 1 8 mws
HE2 8 mws
HE3 8 mws
HE4 8mws
HE5 8mws
HE6 10mws
HE24 6mws

TOTAL  = 56mws

Please sell this power real time.
Check with the dispatchers EARLY, Lisa Gang's sheet shows everything you need.

Call Holdenn or myself with any questions.
Thanks,
Bill


>
>
>

 - turkey hunt.exe


Why should we hold them harmless on environmental if they get their money
out?  We would only want to provide an ENA indemnity if necessary.  I have
asked Lisa to look at this.  Mark

	Randal Maffett
	01/04/2001 01:13 PM

		 To: David W Delainey/HOU/ECT@ECT
		 cc: Mark E Haedicke/HOU/ECT@ECT
		 Subject: Fidelity update

Last week during the holidays, we made a lot of progress w/ Fidelity
regarding their "take-out" from the Partnership at Dallas.  We exchanged 2
drafts of a Letter Agreement which says ENA (or an affiliate) will buy their
99% LP interest in Landfill Gas Investments, LP (LGI) on or before Jan 31,
2001.  Included in our draft was a provision whereby the ENE Guaranty would
be extinguished.  However, late yesterday Fidelity came back and said they're
not willing to extinguish the Guaranty completely.  The way the deal w/
Fidelity will be structured, ENA will pay them the delta between the $5.2MM
initial payment they made less the accrued tax credits on the date we close
(est to be $300K+/-).  Fidelity wants 2 things:

protection in the event the IRS disallows/disqualifies the tax credits
accrued (i.e., the $300K), and
protection against any environmental claims that may have occurred while they
were a partner in LGI (June, 200 thru Jan, 2001).

There are 2 basic alternatives to consider:

replace the existing guaranty to LGI with a new guaranty to Fidelity with a
specific cap on the tax credit amount ($300K+/-) and with the same
environmental coverage (up to $5MM) as currently exists but restricting it to
issues which occurred while they were a partner.  The probability of either
ever being triggered is extremely remote.  Replacing the benefactor from LGI
to Fidelity is significant for us because it eliminates future environmental
exposure related to LGI as well as prevents potential future buyers of our LP
interest from seeing that ENE once was willing to issue such a guaranty.
replace the existing guaranty with an indemnity from ENA which provides
Fidelity with the same protection as alternative #1.  Per ENA accounting
since the amount of exposure is limited to $5.3MM in aggregate, this would
not be significant/material enough to be separately identified as a balance
sheet item.

The problem we have is Fidelity has a Guaranty "in hand" and unless you give
me approval to go back and structure our deal around them, we don't have any
leverage to get them to release it.  They are willing to work with us on
either of the 2 alternatives listed above.  This is the only remaining
commercial issue left w/ Fidelity.

Please advise or call to discuss further.  Ext. 33212.  Thanks!

RANDY


Jeff:
Congratulations!  What a beautiful baby!  We had our son, Charles Eugene, on
July 12th.  He weighed in at 8 lbs 8 ounces and was 21 inches long.  So far
so good.  everyone is doing fine and trying to adjust to our new schedule.
Thanks for the pictures and give my best to the rest of the family.

Carol St. Clair
EB 3892
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com

	Jeffrey Keeler@ENRON
	08/18/00 02:29 PM

		 To: Janel Guerrero/Corp/Enron@Enron, Nicole La/HOU/ECT@ECT, Laren Dean
Tarbet/HOU/EES@EES, Katherine Saunders/HOU/EES@EES, John Carr/HOU/EES@EES,
Bill Votaw/HOU/EES@EES, Heather Mitchell/HOU/EES@EES, Peggy
Mahoney/HOU/EES@EES, Chris Holmes/HOU/EES@EES, Mary Nell
Browning/LON/ECT@ECT, Fiona Grant/LON/ECT@ECT, Carol St Clair/HOU/ECT@ECT,
Mark Taylor/HOU/ECT@ECT, Rick Craig/OTS/Enron@ENRON, Louis
Soldano/ET&S/Enron@ENRON, Bret Reich/ET&S/Enron@ENRON, Frank
Smith/Corp/Enron@ENRON, David Nutt/Corp/Enron@ENRON, Cindy
Stark/Corp/Enron@ENRON, John Shafer/OTS/Enron@Enron, David L
Johnson/OTS/Enron@ENRON, William Kendrick/OTS/Enron@ENRON, Wayne
Lei/ENRON@Gateway, Hap Boyd/EWC/Enron@Enron, Cristina Juvier/MAD/ECT@ECT,
Rosalee Fleming/Corp/Enron@ENRON
		 cc:
		 Subject: New baby Diana Maguire Keeler

I just wanted to share with you some pictures of our family's recent
addition....Diana Maguire ("Maggie") Keeler, born August 3, 2000 weighing 8
lbs.

Thanks to many of you who have sent your good wishes and congratulations!


For all who are interested, I have placed the ERCOT protocols of Jan 5, 2001
that the PUCT have approved on the M drive.

The path is M:/electric/ERCOT/1_5_01protocols

Mock market update:  We were successful in sending balanced schedules
yesterday.  Thanks to Jeff for lending a hand on building the mock position
manager.

Today Fronterra is scheduled to respond to test signals from ERCOT starting
at 1pm.

Smith


Dan,

Please find below details of Phy Gas deals with GTC agreements:

Deal Date: 6/01/01
Deal No: VE1652 / 826079
Buyer: Coast Energy Company, a division of Cornerstone Propane, L.P.
Seller: ENA
Start Date: 7/01/01
End Date: 6/30/02
Firm
Volume: 166 / day
Price: 7.21000
Delivery Point: Pacific Gas and Electric Company - City Gate

Please let me know if you need any more details.

Thanks,
Richard
x54886


Please find attached the current copy of the EnronOnline Weekly Public Report
and Key Messages, including slides and statistics for public consumption.
The information contained in the attachments can be communicated to audiences
outside the company and should be used to ensure that we present a consistent
message to the public. Please ensure that this email is distributed to anyone
in your group who needs to discuss EnronOnline with individuals outside the
company.

This report is not intended to be used as a stand-alone presentation, nor
that all the information be used in a single presentation or customer
communication.

?     Total Life to Date Transactions >1,020,000
?     Average Daily Transactions > 4,700

?      Life to Date Notional Value of Transactions > $610 billion
?      Daily Notional Value Approximately $2.8 billion

?     Number of Products Offered: Approximately 1,600
?     Number of Currencies Traded in = 13

?     EnronOnline Version 1.0 Launch Date: November 29, 1999
?     EnronOnline Version 2.0 Launch Date: September 18, 2000

Special Announcement! This report can now be accessed directly through the
EnronOnline Intranet Site at http://eolinfo.enron.com.

In order to access this report,  click on the link above. Once there, follow
the link entitled "Reports" and then select the "Public Reports" tab. A
dropdown menu will appear with a list of the various public reports available
for viewing. .

We look forward to your feedback and comments. If you have any questions or
experience any difficulties accessing your reports through the Intranet Site,
please feel free to contact either Bryan Deluca at x36161 or Simone La Rose
at x31670.


Please see attached file


?
THE FRIDAY BURRITO

"42.7 percent of all statistics are made up on the spot."

We're back.? We're live.? We're living.? Actually, we are still in limbo
land.? As of yet, no prez elect.? The week was typical by California
standards.? The utilities filed their plans to raise rates over the next five
years, the consumer advocates held a press conference to kick off their holy
war against electric restructuring, a class action suit was filed for $4
billion against the generators and the utilities, gas prices hovered between
$18 and $20/mmcf on day trading, the Secretary of Energy spat on FERC
regarding the remedies proposed to fix the alleged dysfunctional California
market, and the Governor announced his options for curing what ails us.? I
think that pretty well covers it.? It was just another week in paradise.

I was on KRON TV last week for a couple of 10-second sound bites.? Chomp,
chomp.? That is what was distilled from fifty minutes of taping.? It was a
learning experience for me, more so than it was for the general viewing
public.? The station did an investigative report on California's restructured
power industry, and the slant was fairly predictable, although it could have
been far worse.? Two moms on my son's hockey team told me they saw the clips
on TV, and I used these ladies as my unbiased (?) sample to gather some
opinions.? There are about twenty families on my son's team, so that means
(using testimonial math) that about ten percent of the Bay Area watched the
news piece.? One mom said she saw me, really didn't listen to what the news
was covering, but that she recognized me. I'm sure that her experience, less
the recognition, applies easily to half or more of the viewing public. The
second mom, who I have known for many years, asked me, "So, who is doing the
gouging?"? This from a person who is well educated, very involved with the
community, and is part of a routine family (he says) of husband, wife, three
kids, and a dog.

Alas, I realized, the battle for California's power market will not rest nor
be resolved in chaotic meetings at the ISO or AB1890 working groups.? The war
will be won or lost based on public opinion.? Will Californians support the
continuation of electric restructuring?? I don't know if they will, but I am
not at all surprised that the vast majority of people do not understand the
issues.? As an industry, we have a long, long way to go in educating the
public.? And I have tremendous doubt that we are going to cough up the
necessary money to publicly demonstrate a positive image on power
restructuring.? Nancy Day wrote me last week; "You and your associates must
'prove' to the policy-makers and the public that, in the long run,
competitive markets are always better than command and control regulation.?
How do you do that?? You hire a PR firm ( and you get them to help you shape
your messages to a variety of audiences."

Shape a message.? I know that some of you folks think you are doing that
now.? I disagree.? Individually or collectively we have not made even a small
dent in the public image for our cause.? There is some name recognition, to
be sure. The paid TV ads for Enron, and Southern have made those company
names more familiar.? Green Mountain Energy has done a good job of getting
its name out, too.? But that is hardly the point.? As an industry of private
interests, we are kaput on the PR side.

Imagine this.? Imagine Joe Montana, four-time Superbowl wining quarterback
for the San Francisco 49ers standing next to the Lombardi Trophy, talking
into the camera.? He smiles, and says, "Hi. I'm Joe Montana.? I believe in
competition."? A few side clips, some simple explanations how competition is
going to more quickly bring prices into line with expectations, and back to
Joe.? We can also do some follow on ads with Jerry Rice, and Jim Plunket
(two-time Superbowl QB for the Oakland Raiders), thereby making a connection
with different factions of California's ethnic and racial makeup.? That is
what I call PR.? Touching the soul of the public with simple messages from
credible, well-known, likeable people.

I'd be interested in hearing your thoughts.

Here is what is on this week's leftover turkey menu

Things in the People's Republic of California
?@@@ Oh when the comments, come marching in(
?@@@ ISO Super Peak Market books first transaction
?@@@ Consumers Rattle the Saber for a Ballot Initiative
?@@@ All Injured Parties form a line to the left(
?@@@ The Governor's Plan

Odds & Ends (_!_)
?
?

Things in the People's Republic of California
?@@@ Oh when the comments, come marching in (

My mailman is becoming increasingly ticked off at me because the tonnage of
FERC comments coming to my address weighing four, or five pounds per
delivery.? He's a mailman, not a pediatrician.? He is leaving small hints of
his displeasure, such as dropping my mail in the middle of the driveway, or
delivering the goodies to my neighbor's house.? Most of the copies received,
I confess, go into the trash bin without a second thought. I don't even break
the gummy seal on most.? I check the sender's name, and decide if the fortune
inside the envelope might be worth a read.? I always open the envelopes from
the CPUC, the Electric Oversight Board, and Steptoe & Johnson (SCE's counsel
for really important filings).? These filings are the most entertaining of
the lot. The holiday weekend gave me some time to read a selection of
comments submitted to FERC regarding the Commission's November 1 Order.

I don't know whether I should laugh or cry at some of these pleadings.? The
comments I read from some of my favorite sectors of California's power
industry are so childish that I wonder if it is a joke.? Or is the joke on
us?? Take for example, the CPUC's comments.? The first 52 pages are more or
less what you would expect:? refund our money, change this hearing from a
paper hearing to a full-blown evidentiary hearing, request a rehearing, the
CPUC should get copies of everything the MSC and DMA publish at the same time
FERC gets them, FERC got the soft price-cap issues and just about everything
else wrong, the State has jurisdiction, etc.? The CPUC claims that there is
insufficient evidence to support the FERC's conclusions. Since the CPUC also
lacks sufficient evidence (because the generators and power marketers will
not comply with the CPUC's data requests), then, well, what the heck, we need
a lengthy hearing with evidence and cross-examination of witnesses.? This
line of reasoning sounds very much like the Florida vote recount litigation,
but I don't want to go there.

Here is the real kicker.? If you go to page 52 of the CPUC's comments, there
is the signature block of the CPUC attorneys, dated November 21.? The next
page begins with the "Separate Statement of Commissioners Duque, Neeper, and
Bilas".? I did a double take on the title, not understanding, at first, that
the first 52 pages were never adopted by the CPUC by vote.? Our politically
hypercorrect couple, Ms. Lynch and Mr. Wood forced it in.

What do the three Republican Commissioners say?? "We find much to support in
FERC's Market Order, and are filing this statement to insure that FERC has
access to our full thinking concerning the technical aspects of the wholesale
market, which are not the principal focus of the Commission's filing."? I
remain astounded that, in essence, the CPUC has two replies.? One that
lambastes the FERC Order, and another that encourages the Order with some
modifications.? For example, the evil part of the CPUC commentary shakes a
finger at FERC for ordering elimination of the requirement for the UDCs to
buy all power through the PX.? That, says the attorneys, is a violation of
jurisdiction, and you federal people should stay off of our lawn. The trio
of? Duque, Neeper, and Bilas (DNB) say, "While the state maintains
jurisdiction, we are willing to cede to FERC temporary jurisdiction over this
matter."? Which of the two responses sounds more cooperative to you?? I
wonder (he asks) why the CPUC comments never came to a vote?? Sounds to me
like the CPUC comments a la DNB would have passed 3-2, quite nicely, thank
you.? But those days are long gone.

The CPUC expert witness testimony appended to the CPUC comments includes the
direct testimony of Michael Scheible, a supervisor of the California Air
Resources Board staff responsible for energy issues including electricity.?
This is a person who was part of the development of the RECLAIM program of
tradable emission credits utilized in the South Coast Air Quality Management
District (SCAQMD).? Here is what Mr. Scheible testifies.? "The average price
paid for a NOx RTC went from $1 a pound in January 2000, to $4 in June, to
$20 in October 2000."? What is he talking about?? He took the year-to-date
expenditures on NOx credits, and divided the total by the number of traded
RECLAIM Trading Credits (RTC).? He used the average value, not the marginal
or incremental price!? NOx credits are today trading in the $40 to $50 per
pound range.

But he doesn't stop there.? He takes another leap at the impact of the RTC
prices on electricity prices.? "( RECLAIM affects only thermal power
generating units in the SCAQMD.? These units account for about 20 percent of
the power generating capacity in the State( Thus, the market price of RTCs
was a factor for only a relatively small percentage of the State's generation
capacity in 2000".? Markets? What are markets?? This is the basis upon which
the State hopes to persuade FERC that the markets are not working because one
cost factor only affects 20% of the State's capacity.? Okay, it is your
turn.? Do you want to laugh, or cry?

I reviewed one of the UDC proposals, PG&E.? PG&E's comments included three
expert witness affidavits that in total were about one inch thick.? PG&E asks
the FERC to replace the $150/MWh soft cap with a cost-based load
differentiated cap; pay as bid for bids accepted over the load differentiated
cap; force in-state generators to bid into the California PX before seeking
to participate in other markets; penalize both load and generation if either
does not sufficiently participate in forward markets; and return to
cost-of-service ratemaking in California for an interim period.? In their
proposed relief for electricity prices realized after October 2, 2000, PG&E
requests a waiver of the payment provisions of the ISO and PX Tariffs,
requests that the utility only be required to pay based on 1999 levels, and
that after refund claims are adjudicated, PG&E will pay the extra amounts
that may be ordered.

Shakespeare couldn't have said it any better.? To sleep.? To sleep, perchance
to dream.

Things in the People's Republic of California
?@@@ ISO Super Peak Market books first transaction

Ziad Alaywan of the ISO talked with me today during my attendance at the ISO
Governing Board meeting.? He had a sad face as he told me, "We made our first
transaction using the Super Peak Market instead of issuing an out-of-market
(OOM) order.? It was for 100 MW."? Grand, says I.? Why the long face?? He was
disheartened because the accepted bid was higher than the price cap of $250.?
I said to my man Ziad that bids either above or below the price cap are not a
reason to be upset.? What do you want the bidders to do, I asked?? He
confessed that it troubles him when all the offers are above the cap, but,
nevertheless, he is going to maintain the request for bids every day for the
remainder of December.

In case you haven't seen the form of the ISO request for bids, it is
dispatched via e-mail, and looks like this:
? For operating day XXXXXX, 2000 the CAISO will be participating in its
"Seasonal Super Peak Day of Market" via the Automated Power Exchange? (APX).
This Market will close at 0915(.? Purchase may be made during this time for
the peak hours of 1700 through 1900. It is the intent of the CAISO to reduce
the amount of Out-Of-Market purchase for XXXXXX, 2000 through this "Seasonal
Super Peak Day of Market".

I encourage marketers and generators to look closely at this market in which
to post offers.? The Super Peak Market is the best hope we have to bring
order to the otherwise somewhat chaotic method by which the ISO operators go
hunting for out-of-market energy.? I told Ziad that the more the ISO accesses
the Super Peak Market, the more offers he is likely to see, and the more
competition there will be to bring prices down.? Markets do not develop
overnight.? I don't think offers below the cap are either unlikely or
illogical.? Anyone disagree?

Things in the People's Republic of California
?@@@ Consumers Rattle the Saber for a Ballot Initiative

I told you it was going to occur.? Harvey Rosenfield, President of the
Foundation for Taxpayer and Consumer Rights (FTCR), a consumer watchdog
group, held a press conference last Tuesday to announce the kick off of a
campaign to influence the Governor and the State Legislature to enact
measures that will reverse the progress of electric competition, or face? on
the November 2002 ballot (no butterflies) an initiative to achieve the same.?
He tried this tactic two years ago when he launched Proposition 9.? It
failed, but the in-state utilities spent $42 million in advertising to
educate the public regarding the ills of old-time religion.
?

The alleged purpose of the proposal/ballot initiative it to protect
California consumers and small businesses against higher electricity bills.
Rosenfield submitted a concept draft of their proposal to the Governor and
Legislature that you can review on the web site
http://www.consumerwatchdog.org/utilities/pr/pr000842.php3

?

?

FTCR's Key Points of Reform:
?

requires refunds to San Diego customers of excessive electricity charges
through a windfall profits tax on profiteering power generators;
requires oversight of electricity rates by the Public Utilities Commission
(PUC);
institutes an integrated resource planning process to address future energy
needs;
creates a state power authority to ensure the fulfillment California's energy
needs, promote conservation, and construct and operate power plants,
transmission and distribution facilities;
facilitates the authority of local and state government to exercise the power
of eminent domain if necessary; and
creates strong accountability mechanisms for state agencies.

The advocates expressed doubt concerning whether state officials were willing
to defy the powerful energy lobbies. And they warned elected officials
against another bailout of the utility companies at the expense of taxpayers
and consumers.

If there is any part of the proposal I like, then it is the organization
asked the Governor and legislators to refuse any campaign contributions from
utility or power companies during the consideration of legislative
proposals.?? According to Rosenfield, "(history shows that whenever elected
officials must choose between the interests of the private utility/power
companies and protecting the public interest, they will choose to protect the
utility and energy companies. That is how we got into this mess. Whether the
public officials currently in office are willing to do so -- especially in
the? midst of a ratepayer revolt -- remains an open question. "

You know, windfall profit tax aside, the more I read the proposal, the more I
am intrigued.? The proposal boxes in the utilities, and you can easily expect
that the utilities will come slugging back in two directions,
simultaneously.? First, the utilities will slug back with the bankruptcy
argument if they are stuck with the under-collection risk.? Second, the
utilities will step up their accusations against the generators for
"gouging."? The opportunities for schizophrenic behavior will be legion,
because the utilities are less and less the largest sources of earnings for
their corporate holding companies.

Stay tuned.? It promises to be interesting.

Things in the People's Republic of California
?@@@ All Injured Parties form a line to the left (

In the Chinese calendar, it is the Year of the Lawyer.? When I first heard
about the $4 billion class action suit against the generators and utilities
in California, I wanted to make a public statement to express my outrage.?
However, I was too busy handing out free cigarette samples to school age
children.

Between endless squabbles over presidential vote counting, and pot shots at
the restructured electric system in California, it always seems the lawyers
come out ahead.? You know what I am saying?? Our litigation bills for WPTF in
October almost hit $100,000, a new monthly high.

So, what is this class action suit all about?? You can read the suit as filed
on the web site of the filing attorneys at
http://www.krausekalfayan.com/reliant.htm

However, here is a summary.

In the Superior court of the State of California for the county of San
Diego?? a suit has been filed on behalf of Pamela R. Gordon in a class action
complaint for violations of California business and professions code, and
antitrust and unfair business practices.? The defendants are? Reliant Energy,
Inc.; Southern Company; NRG Energy; Dynegy, Inc.; AES Corporation; Williams
Energy; Duke Energy North America; And Does 1 Through 100, Inclusive,
?

FIRST CAUSE OF ACTION: Violation of Sections 16720 and 16726 of the
California Business and Professions Code Trust In Restraint of Trade or
Commerce in Violation of the Antitrust Act
SECOND CAUSE OF ACTION: For Violations of the Unfair Trade Practices Act
Based Upon Violations of the Antitrust Act
THIRD CAUSE OF ACTION: For Violations of the Unfair Trade Practices Act Based
Upon Defendants' Unfair Business Acts and Practices
FOURTH CAUSE OF ACTION: Violations of the Consumers Legal Remedies Act
FIFTH CAUSE OF ACTION:? Unconscionability

It is that fifth cause of action that has me wondering.? Were we not
conscious during this whole episode, with the possible exception of SDG&E
when they didn't hedge their summer energy procurement?

This is what the suit claims.? That,
?

Defendants charged rates for wholesale electricity that were unconscionable
given their cost of production, the newly emergent markets for that product,
and the consumers' need for electrical power.
Defendants' rates were inherently excessive, invalid and unconscionable,
particularly in light of the deceptive and manipulative practices they used
to inflate the market prices and the vital need consumers and businesses have
for electrical power.
Defendants' unconscionable prices were passed through to Plaintiff and the
majority of the Class in the retail electricity rates charged by SDG&E and
thereby directly damaged Plaintiff and the Class.

Things in the People's Republic of California
?@@@ The Governor's Plan

Well, we have had quite a week, haven't we?? Top it off with this.? Today,
Governor Davis of California will float his proposals for fixing the
California electricity market.? It is reassuring to know that so many people
are rushing in to fix our problems.

Here is what Jason Leopold of the Dow Jones Newswire reported about the Gov's
draft plan.? It will include options to:
?

Develop a state power authority to build power plants and own and operate
transmission systems
Eliminate the California Independent System Operator
Extend the freeze on retail electricity rates
Require utilities to retain existing generation and to build new power plants
Consider re-asserting state authority over the operation, maintenance and
safety practices of all in-state generating facilities for public health and
safety purposes
Authorize utilities to purchase the majority of their power in forward markets
Pressure the FERC to implement a regional price cap on wholesale energy that
varies by time of day and year
Lobby for refunds for "unjust and unreasonable" rates.

We will have a more detailed report on the proposals next week, assuming we
survive that long.

Odds & Ends (_!_)

Jim Kritikson sent me an e-mail that has 54 different thought-provoking
sayings, such as the by-line header at the top of today's Burrito. The one I
selected is among my favorites.? Every week I will rotate a new by-line from
the list Jim provided me, thereby lengthening the pure joy these morsels
bring, rather than blowing the whole wad in one Burrito.

Speaking of learning new things, I mentioned in the introduction that my
experience being interviewed on TV gave me a world of insight into the
phrases and words that get through the media filter.? I am becoming a student
of the sound bite, as any reader of these Burritos will attest.? I am
compiling a list of key words that either work, or don't work when talking
with the media or the press.? For example, if you are talking to a reporter
and you say, "The day-ahead ancillary service markets are too illiquid and
the price is highly variable," then you will not only strike out with the
media people, but you will go to the back of the sound-bite class.? On the
other hand, if you say something like, "Of course they are gouging," then I
can assure you they will take your bite to print or video.

I have developed a simple chart of words and phrases either to embrace, or to
avoid when addressing members of the press, the public, or when mingling with
people at holiday cocktail parties with whom your spouse works, but you can't
stand. There are In-words (they are good), and Out-words (to be avoided like
the plague).? Feel free to add to the list as you learn new terms.

In-words:

1. generator
2. manipulate
3. gouging
4. market power
5. demand response
6. consumer rights
7. under-collection
8. excess profits
9. abuse
10. utilities
11. competition
12. withholding

Out-words

1. default provider
2. markets
3. high price
4. ancillary services
5. penny loafers
6. Eric
7. scarcity
8. interruptible customer
9. stakeholder
10. outages
11. investments
12. Burrito

Now, here is how you utilize the system I have invented.? You pick three
numbers, randomly.? Let's take today's hourly electric price, say, $249/MWH.?
So, the numbers are 2, 4, and 9.? You can select any three numbers, it really
doesn't matter.? So, for example, if you want to create a quotable quote,
then you take the words (2) Manipulate, (4) Market Power, and (9) Abuse, and
put them in a sentence; e.g., "The abuse of market power is an attempt to
manipulate price."? See how easy that was?? The press will eat it up.

Try it the Out-wordily way.? Using the same three numbers, select the words
(2) Markets, (4) Ancillary Service, and (9) Stakeholder.? You might get, "The
Ancillary Service markets are designed by stakeholders."? Dry as bone, and
essentially useless.? Suitable for ISO Governing Board public comment, but
you'll never be a press maven.? Keep a copy of these words in your wallet or
purse.? It could save your life, or the life of an innocent consumer (see, I
did it again). As the political rhetoric heats up, we, being soldiers of
fortune, must be prepared at any moment to whip out the handy quote sheet
necessary to calm the jittery nerves of the masses, lest there be a ratepayer
revolt.

As if we didn't have enough problems in California, the rest of the nation is
in something of a fix.? This week, Dan Douglass sent us a classic piece to
humor our weary bones.? This makes the phrase "Turning back the hands of the
clock" seem a bit larger than life.
===================

NOTICE OF REVOCATION OF INDEPENDENCE
?
To the citizens of the United States of America: In the light of your failure
to elect a President of the USA and thus to govern yourselves,? we hereby
give notice of the revocation of your independence, effective today. Her
Sovereign Majesty Queen Elizabeth II will resume monarchical duties over all
states, commonwealths and other territories, except Utah, which she does not
fancy. Your new Prime Minister (The Rt. Hon.? Tony Blair, MP for the 97.85%
of you who have until now been unaware that there is a world outside your
borders) will appoint a minister for America without the need for further
elections. Congress and the Senate will be disbanded. A questionnaire will be
circulated next year to determine whether any of you noticed. To aid in the
transition to a British Crown Dependency, the following rules are introduced
with immediate effect:
?
1. You should look up "revocation" in the Oxford English Dictionary.? Then
look up "aluminium." Check the pronunciation guide. You will be amazed at
just how wrongly you have been pronouncing it. Generally, you should raise
your vocabulary to acceptable levels. Look up "vocabulary."? Using the same
twenty-seven words interspersed with filler noises such as "like" and "you
know" is an unacceptable and inefficient form of communication. Look up
"interspersed."
?
2. There is no such thing as "US English." We will let Microsoft know on your
behalf.
?
3. You should learn to distinguish the English and Australian accents.? It
really isn't that hard.
?
4. Hollywood will be required occasionally to cast English actors as the good
guys.
?
5. You should relearn your original national anthem, "God Save The Queen,"
but only after fully carrying out Task 1. We would not want you to get
confused and give up half way through.
?
6. You should stop playing American "football." There is only one kind of
football. What you refer to as American "football" is not a very good game.
The 2.15% of you who are aware that there is a world outside your borders may
have noticed that no one else plays "American" football. You will no longer
be allowed to play it, and should instead play proper football. Initially, it
would be best if you played with the girls. It is a difficult game. Those of
you brave enough will, in time, be allowed to play rugby (which is similar to
American "football", but does not involve stopping for a rest every twenty
seconds or wearing full kevlar body armour like nancies). We are hoping to
get together at least a US rugby sevens side by 2005.
?
7. You should declare war on Quebec and France, using nuclear weapons if they
give you any merde. The 97.85% of you who were not aware that there is a
world outside your borders should count yourselves lucky. The Russians have
never been the bad guys. "Merde" is French for "s--t."
?
8. July 4th is no longer a public holiday. November 8th will be a new
national holiday, but only in England. It will be called "Indecisive Day."
?
9. All American cars are hereby banned. They are crap and it is for your own
good. When we show you German cars, you will understand what we mean.
?
10. Please tell us who killed JFK. It's been driving us crazy.
?
Thank you for your cooperation.
=========================
You are very welcome.? Have a great weekend, y'all.

gba
?


Thanks for sending the chart.  I will send you the list of questions we
discussed tomorrow.  In the interim, I had a couple of questions on the
chart:  On the first line (physical, no master), is the basis for not
requriing the confirm to be signed the UCC?  Also, what is meant by "unless
commodity not 'good'"?

Thanks.

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

This e-mail is sent by a law firm and contains information
that may be privileged and confidential. If you are not the
intended recipient, please delete the e-mail and notify us
immediately.


Carolyn Green, Vice President - Government Affairs, has advised us of her
resignation from Enron Corp. effective Friday ) August 4, 2000.  Carolyn is
pursuing an opportunity with Sunoco, Inc. as their Vice President for Health,
Environment and Safety and will be making Philadelphia her new home base.
We want to thank Carolyn for her hard work and many contributions to Azurix
and Enron.  Please join me in wishing Carolyn the very best in her new
venture.

For those of you in Houston  - there will be a going away party/happy hour on
Friday, August 4th at the Midtown Station - starting at
5:30 p.m.

The Midtown Station
2306 Brazos.

Easy to get to:   Take Smith south to Hadley and turn right.  Then turn right
on Brazos and you're there.  Pizzas will be ordered from a place across the
street that makes them in a woodburning oven.  Everyone is welcome!


fyi
---------------------- Forwarded by Kay Mann/Corp/Enron on 05/23/2001 08:39
AM ---------------------------

	From:  Ann Elizabeth White @ ECT                           05/22/2001 10:26 PM

To: Kay Mann/Corp/Enron@Enron
cc: Barbara Gray, Jeffrey T Hodge/HOU/ECT@ECT, Taffy Milligan

Subject: Status of AEW's projects

Kay

Here is an overview of what projects are active:

1.  Midway - Greg Krause

The hot item is a Property Owners Association Agreement that will be entered
into between Midway Development Company, L.L.C. ("MDC") and Cooney-Midway
Groves (the owner of the property on which MDC has an option to purchase).
The agreement will not be entered into or effective until MDC has given
notice it will proceed with the project (and, thus, we control the trigger).
I have asked Chris Boehler at A&K to turn a redline draft that incorporates
changes that Greg and I discussed last week with he and Darren Inoff.   David
Layman at Greenburg Traurig (our Florida counsel) also needs to incorporate
some changes now that the platting has been done.  Chris is to send his
redline to Greg, David and you.  David is to make his additions and then send
a composite to Greg, you and Chris.  This will probably take a week or so and
then it can go to the counterparty when everyone on our side is in agreement
with the changes.  The biggest issue we have right now is that Cooney-Midway
Groves wants to maintain control over the property as long as they own an
interest in one of the tracts and we are not willing to allow that when we
will own 2/3 of the property but have less than 1/2 of the vote.  This is
because the agreement is designed to give one vote to each acre.  There are
three tracts, of which CM will own one and MDC will own 2, but the 3rd tract
is not alloted any votes since it must remain undeveloped land for a
retention pond.

Chris is also working on some title commitment letters for the option we just
secured from Clyde Thompson and Paul Freeman.  There's no rush on those and
can definitely wait until I get back.

2.  Pompano - Steve Krimsky

Pompano has 2 issues that are hot.

1.  The infamous Developer's Agreement.  Debbie has turned another draft and
has asked that we bless it before Thursday so that she can go visit with the
city attorney on Friday.  The hearing in Pompano is scheduled for the evening
of June 12 and you have indicated that you will attend.  I'll send them a
note to tell them you'll be there.  We need to have a deal worked out with
the Pompano commissioners before the public meeting.  The thing to keep in
mind here is that in Pompano, unlike Deerfield, the same group that will be
approving our request for a zoning change is the same group we have to
negotiate the developer's agreement with.  Allegedly, they will settle for
$1.5 MM in annual payments.  I've laid a copy of the agreement Debbie has
prepared on your chair.

2.  In an effort to block the power plant project, Broward County has drafted
a proposed ordinance that will place a moratorium on the approval of any
power plant air permits until the matter can be studied at length.  The
problem is, they expressly do not have the power to have any say in the air
permit process.  That is expressly delegated to the Dept. of Environmental
Protection ("DEP").    However, the DEP hasn't taken the clean approach and
said they have NO authority but it has stated that BC is entitled to
reasonable rules and regulations and DEP will let them have some permit
approvals; HOWEVER, air permits for power plants are expressly not delegated
to BC.   Greenburg is probably a week away from being able to give us a legal
opinion on the likelihood that Broward County will be able to do something
that is legally defensible.  Once they started looking into this, it became
quite the legal search because at one time BC did have the authority to pass
special acts. However, in 1977 their special act authority was cut off but
the legislature ratified all rules they had in effect at that time.  After
that, they were granted charter power to adopt have such authority as a
charter county to adopt their own home rules as long as they were not
inconsistent with state or federal law or the constitution.  In 2000, they
repealed all prior acts relating to the issuance of air permits and said they
would rely on their charter power to make up their own rules.  Problem is,
the DEP has expressly not given them the right to have a say in air permits
for power plants.  Needless to say, this is sticky and icky.  My
recommendation is that we don't jump out and incur litigation costs.  Let us
get a memo together, go talk to the county attorney and show him that they
don't have the right to do this.  The hearing on adopting this ordinance is 2
p.m. on June 12, same day as the commissioner's meeting on the Developers
Agreement.  Between now and June 12, Debbie Orshefsky would like to talk to
the attorney and to the DEP.  Indications are that the DEP will strongly
support us as this could be a turf battle for them.  The county attorney may
come to his senses and advise the commission that passing such an ordinance
will be costly as it is unenforceable if challenged.  We can also ask the DEP
to issue a "declaratory statement" and it is likely that statement would say
that state law is pre-emptive and the ordinance is invalid.

This is a very, very broad brush of what is a very legislative history
intensive issue.  Debbie will be looking to you to read the memo that will
come next week and agree on a strategy on going forward.

3.  Deerfield - Steve Krimsky

Unlike Pompano where the commissioners who vote on the rezoning are the same
who vote on the developer's agreement, in Deerfield they don't have a say
over any of the approval process.  However, to facilitate coming into the
city, they expect something.  If we can agree on the form of developer's
agreement, then it would be substantially used in the same manner in
Deerfield.  In Deerfield, they have said they want 3 things:  a payment in
lieu of taxes, a landscape fund to fund upkeep of a particular street (which
is basically an adopt a street program and is required of any new business
coming into Deerfield) and they want an easement to put a cellular tower on
our property.  I've told Steve Krimsky the latter can be a headache because
if they are successful in leasing the space on the tower to third parties,
that creates a lot of traffic going across your property.  It is very
do-able, we just need to structure it correctly. I've done several radio
tower agreements and we can use those as go-bys.  They may also want a "fire
service fee" if we give one to Pompano.  There's also lots and lots of
negative publicity on a daily basis and Eric Thode is wanting to respond with
an editorial in the Sun-Sentinel.  I'll forward the most recent version they
have been sharing amongst themselves and not we lawyers.  The hearing in
Deerfield is June 8th and you may want to attend it as well.

I'll copy my notes for you.  THANK YOU for covering for me.  Here are
numbers you can send e-mails to or call and leave a message:

Walter and Marlena Schilling  011 49 8218 89351 schilling.jun@freenet.de

Monika and Bernhard Steinacher 011 49 8232 8932 m.steinacher@schwabmuenchen.de

Walter and Bernhard and Bernhard's daughter, Susanne, speak pretty good
English and Monika's isn't bad.  Marlena doesn't speak it very well so ask
for Walter.  Bavaria is 7 hours ahead of Houston.


Here are the original 11/30 post ids....

14826 thru 14833
14854
14856
14857
14859

 -----Original Message-----
From: 	Evans, Casey
Sent:	Thursday, January  17, 2002 3:32 PM
To:	Lee, Norman; Yang, Zhiyun
Cc:	White, Stacey W.
Subject:	FW: information for the creditors committee

From the same list of original 11/30 East and West post ids, can you obtain the total number of deals in all of the calcs?!  (i.e. one grand total of transactions for the East and West)

 -----Original Message-----
From: 	Pearce, Barry
Sent:	Thursday, January  17, 2002 3:23 PM
To:	Abel, Chris; Evans, Casey
Cc:	Albrecht, Kristin
Subject:	RE: information for the creditors committee

What we want is active transactions, hence, how many deals do we have in the book as of 11/30?
 -----Original Message-----
From: 	Abel, Chris
Sent:	Thursday, January 17, 2002 1:44 PM
To:	Pearce, Barry
Subject:	FW: information for the creditors committee

I thought I could answer this question.  Can you provide more clarity?

Chris

 -----Original Message-----
From: 	Evans, Casey
Sent:	Thursday, January 17, 2002 12:06 PM
To:	Abel, Chris
Subject:	RE: information for the creditors committee

no, that can't be right, hence "clear as mud".  we can have an "open" position overall with a counterparty or overall with a region, but there is no such thing as an "open" transaction?!

 -----Original Message-----
From: 	Abel, Chris
Sent:	Thursday, January  17, 2002 11:32 AM
To:	Evans, Casey
Subject:	RE: information for the creditors committee

define it as open positions.  if you have a long and a short offsetting with a counterparty, then there is not an open transaction.

clear as mud?

 -----Original Message-----
From: 	Evans, Casey
Sent:	Thursday, January 17, 2002 11:28 AM
To:	Abel, Chris
Subject:	RE: information for the creditors committee

how have we decided to define "open" transactions?!

 -----Original Message-----
From: 	Abel, Chris
Sent:	Thursday, January  17, 2002 11:03 AM
To:	Wilson, Shona; Albrecht, Kristin; Mills, Scott; Gossett, Jeffrey C.; White, Stacey W.; Keiser, Kam; Evans, Casey; Vinson, Donald Wayne; Stevens, Martha; Glover, Sheila; Carrington, Clara; Horn, Cindy; Oliver, David; Sweeney, Kevin; Hall, D. Todd; Prejean, Frank; Swinney, John; Best, John; Thomas, Sheri; Moscoso, Michael E.; Hanson, Kristen J.; Mao, Shari; Miralles, Albert; Loibl, Kori; Reeves, Kathy; Gillis, Brian; Thurbin, Simon
Cc:	Thapar, Raj; Pearce, Barry; Hall, Bob M; Beck, Sally; Ayala, Susie; Trevino, Susan
Subject:	RE: information for the creditors committee

FYI- The request in the attachment for "Number of Active Transactions as of 11/30"  should actually read, "Number of Active Counterparties as of 11/30".  I hope this helps clarify the request.

Thanks,
Chris

 << File: booket info needed.xls >>

 -----Original Message-----
From: 	Wilson, Shona
Sent:	Wednesday, January 16, 2002 1:49 PM
To:	Albrecht, Kristin; Mills, Scott; Gossett, Jeffrey C.; White, Stacey W.; Keiser, Kam; Evans, Casey; Vinson, Donald Wayne; Stevens, Martha; Glover, Sheila; Carrington, Clara; Horn, Cindy; Oliver, David; Sweeney, Kevin; Hall, D. Todd; Prejean, Frank; Swinney, John; Best, John; Thomas, Sheri; Moscoso, Michael E.; Hanson, Kristen J.; Mao, Shari; Miralles, Albert; Loibl, Kori; Reeves, Kathy; Gillis, Brian; Thurbin, Simon
Cc:	Thapar, Raj; Pearce, Barry; Hall, Bob M; Beck, Sally; Abel, Chris; Ayala, Susie; Trevino, Susan
Subject:	information for the creditors committee

As we discussed yesterday, here is the list of information that we need to gather to put into the booklets.  Please give us information (Chris, Keith, Susie, Susan and me) information as you get it.  The first priority is the rolls supporting the DPR information.  Also, please remember that all information needs to be reconciled to DPR information.  Please let Chris, Keith & myself know of your time frame to get us this info.  Currently, expectations are that we should have at least the rolls by the end of the week this week.

 << File: booket info needed.xls >>

Thanks

Shona Wilson
Director, Global Risk Operations
X39123


Jacqueline Duhart
jduhart@omm.com

To Mr. Ken Lay,

I'm writing to urge you to donate the millions of dollars you made from selling Enron stock before the company declared bankruptcy to funds, such as Enron Employee Transition Fund and REACH, that benefit the company's employees, who lost their retirement savings, and provide relief to low-income consumers in California, who can't afford to pay their energy bills.  Enron and you made millions out of the pocketbooks of California consumers and from the efforts of your employees.

Indeed, while you netted well over a $100 million, many of Enron's employees were financially devastated when the company declared bankruptcy and their retirement plans were wiped out.  And Enron made an astronomical profit during the California energy crisis last year.  As a result, there are thousands of consumers who are unable to pay their basic energy bills and the largest utility in the state is bankrupt.

The New York Times reported that you sold $101 million worth of Enron stock while aggressively urging the company's employees to keep buying it.  Please donate this money to the funds set up to help repair the lives of those Americans hurt by Enron's underhanded dealings.

Sincerely,

Jacqueline Duhart


Lorraine:  here's what we would have to show FERC, along with some of my
comments.  Let me know if you have additional ideas, and I'll turn it into a
draft to send around to the usual suspects.

1.  Rate impact on TW customers; method by which TW would collect the costs
of the acquired capacity.

 -  I assume TW would be at risk for any undercollection of revenue
associated with the PNM capacity; thus there is no cost-shift potential to
other shippers.
 - Net costs will be separately recorded.

2.  Would acquisition of PNM capacity enable TW to gain control over access
to upstream capacity and supply sources in a manner which would permit TW to
limit customer choices or improperly tie use of the acquired capacity to
other pipeline services?  (I think Mary Kay will be able to help us explain
the "no tying" part).

3.  Would TW's marketing affiliates receive preferential treatment?

 - No TW marketing affiliate will be involved in the proposed transaction
 - Acquisition of PNM capacity will not result in any undue preference or
advantage to any affiliated entity.

4.  Will TW as a holder of capacity receive preferential treatment over PNM's
customers, to the detriment of PNM's customers?

 - No.  PNM will be making the capacity available to TW only during periods
in which it has unused capacity available on its system, so any impact on PNM
shippers should be minimal.
 - Service contract under PNM's tariff does not provide for unduly
preferential treatment of TW.

5.  How will capacity be managed or otherwise integrated into TW's existing
open access operations?

 - TW will enter into service agreements with PNM from time to time to
transport gas on the portion of PNM's line from Blanco, NM (i.e., the Blanco
Hub operated by TW) to Rio Puerco, NM, where PNM's system interconnects with
TW's mainline.  Resulting available capacity will be posted according to TW's
tariff.
 - The capacity will be used to serve customers under TW's FTS-1, LFT and ITS
(right?) rate schedules from the Blanco receipt point to delivery points on
TW's system.
 - Lorraine -- we need to discuss our arrangement with PNM -- Would we be
able to acquire on an as-needed basis?  Would it be an ordinary service
agreement as provided in their tariff?  Which would come first, our deal with
PNM or with our shipper?  It might be good to come up with some examples of
likely scenarios.

6.  Would acquisition of PNM capacity prevent unnecessary construction of new
facilities?

 - Yes.  Demand currently exceeds available capacity on the San Juan
Lateral.  Transwestern was unable to construct San Juan Phase II because of
prohibitively high costs of obtaining an easement on Navajo land.  Using the
PNM Blanco to Rio Puerco line is one of the few remaining alternatives
available to TW to expand this portion of its system.  It would enable TW to
transport an additional ______ of gas for shippers from the San Juan Basin to
delivery points on the mainline of TW's system without the need for expanding
the San Juan lateral.  The acquired capacity would benefit customers by
effectively providing incremental capacity on a constrained portion of TW's
system, at minimal cost to TW and no environmental disturbance.  Would enable
both TW and PNM to use their systems more efficiently.


This is just from GS, the market data is not out yet

-----Original Message-----
From: Carter, Karen E.
Sent: Tuesday, August 14, 2001 11:22 AM
To: Causholli, Monika
Cc: Allan, David
Subject: RE: Pulp Update: Inventory Rise in July Well Below Average;
Goldman Sachs High Yield Research; 8/14/01

Monika,

Is this proprietary data from Goldman or is it data which is already available in the market, i.e. via CEPI? Thanks.

KC

-----Original Message-----
From: Causholli, Monika
Sent: Tuesday, August 14, 2001 10:24 AM
To: Aguilera-Peon, Maria Teresa; Allan, David; Biggerstaff, Finley;
Boudreaux, Jay; Bruch, Greg; Bryja, James; Carter, Karen E.; Conner,
Andrew R.; Crane, Bob; Dimitry, Dirk; Rickard, Craig; Robinson, Richard
T.; Stapley, Cecil
Subject: FW: Pulp Update: Inventory Rise in July Well Below Average;
Goldman Sachs High Yield Research; 8/14/01

-----Original Message-----
From: Velez, Luis
Sent: Tuesday, August 14, 2001 10:24 AM
To: Causholli, Monika
Subject: FW: Pulp Update: Inventory Rise in July Well Below Average;
Goldman Sachs High Yield Research; 8/14/01

-----Original Message-----
From: Stivaletti, Joe [mailto:joe.stivaletti@gs.com]
Sent: Tuesday, August 14, 2001 10:22 AM
To: Stivaletti, Joe
Subject: Pulp Update: Inventory Rise in July Well Below Average; Goldman
Sachs High Yield Research; 8/14/01

Pulp Update: Inventory Rise in July Well Below Average; Goldman Sachs High
Yield Research; 8/14/01

Norscan pulp inventories rose just 4,000 tonnes in July, which is well below
the typical seasonal increase of approximately 150,000 tonnes.  Amidst all
the bad news about the pulp environment, this is good news.  Producer
downtime is certainly helping.  However, pulp prices remain quite weak, and
inventories of 1.78 million tonnes are still too high to allow for any
tightening of supply and demand in the short term.

We will distribute details of the July pulp report once they are available.

Joe Stivaletti
Goldman, Sachs, & Co.
High Yield Research
85 Broad Street, 29th floor
New York, NY 10004
(212) 902-3299


Please use Ameren Services Company only for transmission.  Thank you.

Please note the following changes:
Ameren Services Company (ASC)
Assigned its sales agreement to:
Ameren Energy, Inc. as agent (ASC)
(for and on behalf of Union Electric Company d/b/a Ameren UE, Ameren Energy
Marketing Company, and Ameren Energy Generating Company)
Transmission remains with Ameren Services Company


Click Here for Last Mailing: http://204.128.208.250/docs/mailings/20011016.txt

SPEC's EVENTS
THE GREAT UNKNOWN: Wine From Off the Well-Worn Path
  Whether you're a wine adventurer or you're just tired of drinking the
same old thing, this is the class for you. On THURSDAY, OCTOBER 18TH at
7:00pm, SPEC's and the Wine School at l'Alliance Francaise will offer a
class and tasting entitled THE GREAT UNKNOWN: Wine from Off the Well-Worn
Path. This class will look at and taste twelve very-good-to-great wines
from lesser-known wine growing areas in France, Spain, and Portugal.  The
class will focus on how the wines are made, the grapes used to make them,
and the land they come from as well as how they match-up with food. Twelve
wines representing a range of styles including both red and white wines
will be tasted. THE GREAT UNKNOWN: Wine from Off the Well-Worn Path will
cost $46.00 "cash" per person ($48.42 regular) with a $10.00 discount
available for 1000 SPEC's Key points. For directions, reservations,
or more information on this class, please call SPEC's at 713-526-8787.
This class will be held at l'Alliance Francaise. L?Alliance Fran?aise,
the French cultural organization in Houston, is located at 427 Lovett
Boulevard (on the southeast corner of Lovett and Whitney, one block
south of Westheimer).PLEASE SEE WINE SCHOOL CANCELLATION POLICY AT BOTTOM.

A SECOND LOOK AT 1999 ZINFANDEL
   On Thursday, October 25th at 7:00pm, please join the Wine School
at l'Alliance Francaise and SPEC's wine manager Bear Dalton for
A SECOND LOOK AT 1999 ZINFANDEL. This is the second in a series where
we'll look at a dozen of the best 1999 Zins released to date. We'll
talk about how and when Zinfandel got to the US and the changes in
winemaking that have brought us to the styles we drink today, the
emergence of terroir as a factor in Zinfandel, and where Zin is headed
in the future. We'll taste 13 wines. The anticipated lineup includes
Karly Warrior Fires Zinfandel 1999, Fife Red Head 1999, Elyse Rutherford
1999, Deloach Estate Bottled 1999, Ridge Lytton Station 1999, Ridge
Pagani 1999, Ridge Paso Robles 1999, Ridge Lytton Springs 1999, Ridge
Geyseville 1999, Turley Dogtown 1999, Turley Pringle 1999, Turley
Moore-Earthquake 1999, Turley Hayne 1999. The wines should prove to
be excellent. A SECOND LOOK AT 1998 ZINFANDEL will cost $65.00 per
person (cash) with a $10.00 discount available for 1,000  SPEC's KEY
Points. For directions, reservations, or more information on this
class, please call SPEC's at 713-526-8787. This class will be held
at l'Alliance Francaise, 427 Lovett Boulevard (on the southeast
corner of Lovett and Whitney, one block south of Westheimer).
PLEASE SEE WINE SCHOOL CANCELLATION POLICY AT BOTTOM.

CHATEAU HAUT BRION Tasting & Dinner at Four Seasons Hotel
   On Tuesday, October 30th at 7pm, please Join SPEC's Wine Manager
Bear Dalton, Stacole proprietor Chris Lano, and Ch. Haut Brion's
father-and-son management team Jean and Jean Phillipe Delmas for a
tasting and dinner featuring the wines of Ch. Haut Brion, Ch. La Mission
Haut Brion, and Ch. Latour Haut Brion (all adjacent properties owned
by the Dillon family). The tasting will feature three white wines and
nine red wines. Another three white wines and five red wines will be
served with dinner. The white tasting lineup is Plantiers du Haut Brion
1998 (the white second wine of both Laville Haut Brion and Ch. Haut Brion
Blanc), Laville Haut Brion 1997 (the white wine of Ch. La Mission Haut
Brion), and Ch. Haut Brion Blanc 1997. The red line-up is Bahans Haut
Brion 1997 (the 2nd wine of Ch. Haut Brion), Ch. La Mission Haut Brion
1997, Ch. Haut Brion 1997, Bahans Haut Brion 1998, Ch. Latour Haut Brion
1998, Ch. La Mission Haut Brion 1998, Ch. Haut Brion 1998, Ch. Haut Brion
1996, and Ch. Haut Brion 1989. Four Seasons Chef Tim Keating is still
working on the dinner menu but the first course will be served with
Laville Haut Brion 1998 and Ch. Haut Brion Blanc 1998 followed by another
course to be served with Ch. Haut Brion Blanc 1990. The next course
will be served with La Chapelle de la Mission Haut Brion 1998 and Ch.
La Mission Haut Brion 1996. The entree will be served with Ch. Haut Brion
1995 and Ch. Haut Brion 1990. A cheese course will be served with the
final wine, the classic Ch. Haut Brion 1982. As soon as the menu is
available, it will be posted to Spec's web sight at www.specsonline.com.
The CHATEAU HAUT BRION Tasting & Dinner will cost $460.00 per person
(Cash). Please note that the high price is due entirely to the cost
of the extraordinairy wines we are serving. For reservations or more
information on this one-of-a-kind event, please call SPEC's at
713-526-8787. PLEASE SEE WINE SCHOOL CANCELLATION POLICY AT BOTTOM.

OUISIE'S TABLE MORGAN VINEYARDS OCTOBER WINE PAIRING DINNER
Ouisie's Table at 3939 San Felipe Road is hosting their last wine
pairing dinner of the year on Wednesday, October 31, 2001 (Halloween).
The evening will begin at 6:45p.m with a cocktail reception.  The
guests will enjoy a multi-course meal along with wines from the
Morgan Winery produced out of the Santa Lucia Highlands appellation
and Monterey County in California. Dan and Donna Lee founded Morgan
Winery in 1982, with a goal of creating the finest wines possible
by obtaining the highest quality fruit. The Lee's farm the only
organic vineyard in the Santa Lucia Highlands. The tariff for the
dinner is $85.00 per person plus tax and gratuity. For reservations
please call Ouisie's 713-528-2264 Tuesday through Saturday.  Any
questions regarding the menu or wines may be directed to a Ouisie's
manager.

OTHER UPCOMING EVENTS (Details to be Announced)
11/07/01 (Wednesday, 7pm) - Oysters and Fevre Chablis Dinner
11/14/01 (Wednesday, 7pm) - BV Georges de Latour Cabernet
                            Sauvignon Reserve 1998 Release Party
WINE SCHOOL CANCELLATION POLICY
If for any reason you need to cancel a reservation for a class,
dinner, or other event, please let us know at 713-526-8787 as soon
as possible. Reservations canceled before 4pm on the last business
day before the event (usually 27 hours) will not be charged.
Cancellations received after 4pm on the business day before the
event will be charged unless those seats can be resold. All
no-shows will be charged.

OCTOBER 2001 TWELVE-UNDER-$12
STERLING Sauvignon Blanc, North Coast (California), 2000
12x750ML	$10.21	$112.42   Here's a well-balanced, medium-weight
Sauvignon Blanc offering classic grass, pear, melon, and lemon-drop
aromas and flavor and a nice bit of malo-lactic richness (but has
ample fruit and acidity to keep it fresh and lively). Long in the
mouth with good Sauvignon fruit to the end. Clean  and refreshing -
quite tasty. Fine. SPEC's Score: 88 points.

LOUIS LATOUR Pinot Noir, Bourgogne Rouge, 1999
12x750ML	$7.87 	$86.58   Here's a super, bargain-priced Burgundy
featuring lots of juicy dark-cherry fruit with hints of cola and
chocolate and good earth notes. Long and focused, it really lasts
in the mouth. It has enough tannin to offer some weight and
chewiness but not so much that it overwhelms the wine. Serve
cool (55-60?). Fine. SPEC's Score: 88 points.

TOAD HOLLOW Chardonnay, California, 2000
12x750ML	$10.99 	$121.08   A blend of 50% Sonoma County Chardonnay
and 50% Mendocino County Chardonnay all grown in cooler areas and
fermented in stainless steel tanks with full malolactic
fermentations, the result is a lovely, balanced, pure, juicy,
ripe Chardonnay offering lots of fruit in the banana and pear range
with good richness and no "splinters" (of oak). Finishes fresh and
clean. Fine. SPEC's Score: 89 points.

GOATS DO ROAM Red, Western Cape (South Africa), NV
12x750ML	$7.61 	$83.78   A blend of 33% Pinotage, 22% Syrah,
13% Cinsault, 13% Grenache 10% Carignan, 5% Gamay, and
4% Mourvedre, this Cotes du Rhone-style (get it?) red shows good
richness and plenty of dark grapy fruit with notes of spice and
pepper. The texture is nicely chewy with good weight in the mouth
and a good feel. This is a solidly enjoyable, quite versatile,
everyday drinking red. Very Good+. SPEC's Score: 87+ points.

LA VIS Pinot Nero, Trentino (Italy), 2000
12x750ML	$10.71 	$117.30   Unusual fresh, lively, red-berry and
red-cherry fruit-oriented Pinot Noir (Nero) from the Trentino
region of northeastern Italy featuring a hint of cola and fresh
crushed berry tannins. Spicy and alive with flavor and character.
Medium weight with just a touch of chewiness. Moves toward black
cherry as it develops in the glass. Quite refreshing.  Serve
cool (50-55?). Very Good. SPEC's Score: 87 points.

PIERRE BONIFACE Rousette de Savoie "les Rocailles" (France), 2000
12x750ml	$9.41	$104.26   This delightful, off-the-beaten-path,
balanced, super-fruity, fresh, dry white features a nose that is
initially a little closed but the palate reveals plenty of mixed
tree fruit (peach, yellow cherry, etc.) and wildflower perfume.
It has a lovely refreshing texture and feel in the mouth with a
thrilling balance. The super-long finish hints at lemon drops at
the end. Wonderful as an aperitif. Delicious and Excellent. SPEC's
Score: 91 Points. (This was an email special in July that got such
a great response we decided to buy more so that we could offer it
in the Twelve-Under-$12)

PAOLO SARACCO  Moscato d'Asti (Italy), 2000
12x750ML	$11.82 	$130.90   This delicious, half-sparkling, juicy,
ripe, naturally low-alcohol (7%), white is bursting with aromatic
fruit in the classic Muscat range: lemon drop, honeysuckle, cirtus
zest, and apricot. The palate is light, thrilling, and super
refreshing and offers pure pleasure. Lasts and lasts in the
mouth; finishes tingly clean. Excellent. SPEC's Score: 91 points.

LE FAUX FROG Chardonnay, Limoux - Vin de Pays d'Oc (France), 1999
12x750ML	$6.76 	$74.46   Also from Todd Williams of Sonoma County?s
Toad Hollow, this is a juicy, low-acid, pineapple fruit oriented
Chardonnay made in the style of a clean Aussie Chard.  It has a
good balance and feel with a nice richness but is not tarted up
with oak chips and sugar like so many "value-priced" (cheap)
Chardonnays. Finishes dry and clean. Very Good.
SPEC's Score: 86+ points.

FOREST GLEN Merlot, California, 1999
12x750ML	$6.88 	$76.61   Here's a balanced, juicy, ripe cherry
fruit-oriented Merlot with a fine medium-weight style and a nice
texture. Dry and mouth-filling with hints of earth and wood that
compliment and round out the juicy fruit. Very Good.
SPEC's Score: 86 points.

PENFOLD's Koonunga Hill Shiraz-Cabernet Sauvignon, South Australia,
1999   12x750ML	$8.46 	$93.11   This blend of 74% Syrah and
26% Cabernet Sauvignon features lots of ripe, earthy, black
raspberry and blackberry fruit with plenty of white pepper
character, a nice note of cassis, and a touch of tobacco. Quite
spicy in the mouth. Fine length. Very Good+.
SPEC's Score: 87 points.

ALAMOS RIDGE Cabernet Sauvignon, Mendoza (Argentina), 1999
12x750ML	$9.27	$101.57   Quite tasty, very juicy, classically
Argentine Cabernet Sauvignon with lots of blackberry fruit layerd
over a core of dusty oak and earthy terroir. It has a somewhat
rustic character with a nicely chewy texture. Long and dry with
a fine, perfumed berry note that really lingers. Fine.
SPEC's Score: 88+ points.

JEWEL Viognier, California, 200O
12x750ML	$10.23	$113.33   Lovely, aromatic, juicy Viognier with
crisp fruit in the peach-apricot-and-ripe-pear range with a
solid honeysuckle note and a hint of Gewurztraminer-like hops
character. Fresh, refreshing, and lively but with a soft texture.
Long, perfumed finish. A real deal on a Viognier this good. Fine.
SPEC's Score: 88+ points.

SPECIAL for SPEC?s KEY holders:
  Buy a mixed case consisting of one 750ml bottle of each of our
OCTOBER 2001 12-UNDER-$12 selections for only $101.28, a savings
of $8.94 over SPEC?s already low cash bottle price.
UPC: 00000788265 (Special price good 10/4/01 thru 10/31/01).
  The "12x750ml" means the wine comes in 750ml bottles packed
12 to the case. The first price listed for each selection is the
cash discounted bottle price. The second price listed is the cash
discounted case price.
  "Spec's"  is a service mark of the Spec's Family Partners, Ltd.
and is registered with the State of Texas. Prices are subject to
change without notice. Prices listed include SPEC's famous 5%
discount for cash."Cash" includes US currency checks and debit
cards when you enter your PIN#. Prices listed in 12-UNDER-$12
are good at all SPEC's locations.


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SK - I've printed this out and have it in a folder.  mm

As requested:


How was bunko, or twister, is it?


when are you available this afternoon?

can you get into your voice mail at X53913?

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


Please print.
---------------------- Forwarded by Kay Mann/Corp/Enron on 12/11/2000 02:08
PM ---------------------------

"Campbell, Carolyn" <CCampbell@KSLAW.com> on 12/11/2000 01:54:04 PM
To: "'gkutzschbach@fulbright.com'" <gkutzschbach@fulbright.com>,
"'areynaud@coral-energy.com'" <areynaud@coral-energy.com>,
"'dwhaley@coral-energy.com'" <dwhaley@coral-energy.com>,
"'TSeigler@coral-energy.com'" <TSeigler@coral-energy.com>
cc: "'Ben.F.Jacoby@enron.com'" <Ben.F.Jacoby@enron.com>,
"'Kay.Mann@enron.com'" <Kay.Mann@enron.com>, "'Rebecca.Walker@enron.com'"
<Rebecca.Walker@enron.com>, "Keffer, John" <JKeffer@KSLAW.com>

Subject: Final Letter Agreements

 <<2R6LRED.DOC>>  <<2RM3RED.DOC>>  <<2RLSRED.DOC>>

We have enclosed the following documents for your review:

 1. Final draft of the Letter Agreement for CA Energy
Development I, LLC, marked to reflect revisions from the draft circulated by
King & Spalding earlier today;

 2. Final draft of the Letter Agreement for CA Energy
Development II, LLC, marked to reflect revisions from the draft circulated
by King & Spalding earlier today; and

 3. Final draft of the Letter Agreement for CA Energy
Development II, LLC pertaining to the transformer, marked to reflect
revisions from the draft circulated by King & Spalding earlier today.

Please circulate a revised draft of the Guaranty Agreement and advise as to
when Coral can meet for execution of the Letter Agreements and the Guaranty
Agreements. Thank you.

Carolyn M. Campbell
King &  Spalding
713-276-7307 (phone)
713-751-3280 (fax)
ccampbell@kslaw.com <mailto:ccampbell@kslaw.com>

Enclosures: 128541vR14/13
  129099vR5/4
  129088vR6/5

                    Confidentiality Notice
This message is being sent by or on behalf of a lawyer.  It is intended
exclusively for the individual or entity to which it is addressed.  This
communication may contain information that is proprietary, privileged or
confidential or otherwise legally exempt from disclosure.  If you are not the
named addressee, you are not authorized to read, print, retain, copy or
disseminate this message or any part of it.  If you have received this
message in error, please notify the sender immediately by e-mail and delete
all copies of the message.

 - 2R6LRED.DOC
 - 2RM3RED.DOC
 - 2RLSRED.DOC


Any sales made to MGI off of HGPL or HPL should be billed by the Texas Desk.
However, HPL will not invoice MGI.  All trades are done under ENA.

Daren

Elsa Villarreal
12/26/2000 02:26 PM
To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: MGI Supply
Humble Gas Pipeline
S#446339, 449505, 411836, 472615, 463236, 448454

---------------------- Forwarded by Elsa Villarreal/HOU/ECT on 12/26/2000
02:26 PM ---------------------------

	From:  Nicole Vo @ ENRON                           12/08/2000 11:28 AM

To: Elsa Villarreal/HOU/ECT@ECT
cc:
Subject: MGI Supply
Humble Gas Pipeline
S#446339, 449505, 411836, 472615, 463236, 448454

Elsa,

I was informed to bill anything on HGPL by my supervisor, but when I talk to
Priscilla Hamic she informed me that HGPL should be billed by offsystem and
not the Texas desk.  The deals in Sitara that relate to HGPL all state that
it is Texas desk.

Please let me know who should be billing MGI Supply for HGPL volume.

Thanks for your help.
Nicole Vo


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