Cynthia,  Sorry about the way I left last night, but I needed to leave
abruptly or I felt I would have lost it even more.  You are right.  This is a
very difficult time in my life.  However, I want you to know that you are a
very special person to me.  The more I get to know you the more I realize
that we are very similar is so many ways and I think that is why we hit it
off so well so very quickly.

I wish I could throw everything I have into a relationship with you, but
right now there is just too much anger, mistrust, and hurt in my emotions to
allow that.  All of these feelings result purely from a person I was so close
with and trusted so dearly and who treated me worse than I could have
imagined.  These feelings have nothing to do with you and I am sure you
likely don't understand it all fully.  I am not sure I understand it fully.

I fear I am making a big mistake, because I know you won't be available
long.  You have so much to offer, beautiful, intelligent, funny, and someone
who can give as much to a relationship as you need from a relationship.  All
of these qualities made it so very easy to be taken with you when we
orginally met.  When I started sensing some of my destructive emotions, I
freaked out  because I knew we were becoming very close and it pained me to
realize that I would hurt you.  So I completely pulled back, thinking I
should cut it now than risk making it harder in the future.  Believe me, it
is not easy to stay away from you, because even though we have only known
each other a short time, I miss you and think about you a lot.  It would be
hard to still see you and know you were dating others because I know I would
react strongly as you witnessed at Senor Frogs that night.  My kidding you
about Lee, I will have to admit, also shows my insecurity about that.

Mexico was so wonderful, because (except for that one night) I was able to
put all of those emotions out of my mind and just focus on you.  I think that
is why we had such a great time.  Cynthia, when we were together on that
trip, I felt a lightness that I haven't felt in a long time.  You looked so
beautiful and sexy in that swimsuit by the bar, and it was all about us and
nothing else.  I have been through it enough to know that reality of my
situation creeps back eventually.

Cynthia you are such a great person and even just typing this note I feel
like crying.  Sometimes fate is a wonderful thing and sometimes it feels like
a cruel joke.  I think the timing of our meeting was ill fated.  I know we
will talk to and see each other again but I know it will be different now.
As much as I want to hold on to you, I know its stupid to attempt to keep you
close and yet at some distance.  You have are too smart and have too much to
offer to put up with that.

Please know that I do have genuine feelings for you and I miss you.
Gerald


I am attaching the comparison model that I created.  I just wanted to give
you this in case Miller needs anything while I am gone.  Give me a call
if you have any questions.  My cell # is 713-503-3107.


As we discussed, the date that Ken thinks is best for the United Way Kick-off
is August 9 at the conclusion of the Employee Meeting.  He thinks it would be
fine to do the presentations there and then move on to whatever activity is
planned.

Thanks for everyone's patience.

Rosie


any thoughts?
---------------------- Forwarded by Jeffrey A Shankman/HOU/ECT on 10/10/2000
08:58 AM ---------------------------

Rick Bergsieker@ENRON_DEVELOPMENT
10/08/2000 09:21 AM
To: Jeffrey A Shankman@ECT
cc: Wade Cline/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Clay
Harris/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: Selldown of Metgas

The partial sale of Enron India's 100% interest in Metgas is on Cliff
Baxter's list of corporate assets for sale.  As I expressed in our recent
telephone conversation,  I view Metgas as a key asset that could be of great
value to the EGM LNG network.  I believe that Enron should reconsider whether
or not a Metgas selldown is a wise move at this time for the following
reasons:

1.  The Dabhol LNG terminal is ideally located for future LNG arbitrage
plays, i.e., halfway between middle east and far east LNG suppliers.
Opportunites for Mideast/Far East swaps or shipping backhauls could generate
significant value for EGM.

2.  Metgas currently holds exclusive rights to use Dabhol's LNG terminal for
imports of LNG into India, and it will be at least several years (if ever)
before a second LNG terminal is built in India.  We should not be giving this
strategic position away.

3.  The fact that our competitors (e.g., Petronas, BP, BG etc.) want to buy
in is an indicator that we have something of value.  Even a partial selldown
(and granting of voting rights) to one of these players could serously
compromise our optionality and ability to maximize value to Enron.

4. I suspect that the market value of Metgas at this time (given that there
is still significant developement risk) is fairly small relative to its
network value to EGM.

If, in spite of my arguments, a decison is made to sell down Metgas, there
are two things that we could do to limit the damage:

1.  Prior to the sale, sign an agreement between EGM and Metgas that provides
EGM with exclusive rights to use the terminal, and

2.  EGM should step into the Metgas/Malaysia LNG contract (i.e., EGM should
buy from Malaysia and resell to Metgas) to ensure that we maintain maximum
optionality in this contract.  We could do this in a way that gives us
control of the contract but passes Metgas risk through EGM and back to
Malaysia.

I understand that the time fuse for this selldown is very short---immediate
action is needed if you want a vote on this.

Rick


Congratulations! This eBay item has successfully ended.

Item name:              RICKEY HENDERSON * PSA 9 * 1981 FLEER
Item number:            1012997426
Final price:            $21.50
End date:               Oct-06-01 17:22:12 PDT
Number of bids:         6
Seller User ID:         dslsports
Seller email:           dslsports@earthlink.net
High-bidder User ID:    jason.wolfe@enron.com
High-bidder email:      jason.wolfe@enron.com

To view this item for up to 90 days, click here:
http://cgi.ebay.com/aw-cgi/eBayISAPI.dll?ViewItem&item=1012997426&ed=1002414132

Here's what to do next:

- The bidder and seller should contact each other within three business days to complete the sale.  Winning bidders should send payment directly to the seller.
If you need help, click here: http://cgi3.ebay.com/aw-cgi/eBayISAPI.dll?MemberSearchShow

- Once you complete the transaction, please leave feedback at: http://cgi2.ebay.com/aw-cgi/eBayISAPI.dll?LeaveFeedbackShow&item=1012997426

Copyright 1995-2001 eBay Inc. All Rights Reserved. Designated
trademarks and brands are the property of their respective owners.


Attached are some minor clean-up points to the previous e-mail.


Good morning,

Just checking in.  Michael and I had a good morning.  No weird outfits
today.  Figures, since I now have a camera ready to go.

So what do you think about the stone thing? I like the way Bob's front yard
looks.

I'm not sore today, but then again, I didn't do all that much.  Our yard is
looking better, though.

Hope you are having a good day.

Love,

ckm


---------------------- Forwarded by Daren J Farmer/HOU/ECT on 04/10/2000
01:16 PM ---------------------------

"Melissa Jones" <mjones7@txu.com> on 04/10/2000 10:51:21 AM
To: daren.j.farmer@enron.com, "Gary Green" <ggreen2@txu.com>, "Charlie Stone"
<cstone1@txu.com>, kenenglish@txu.com, timpowell@txu.com,
gary.a.hanks@enron.com, earl.tisdale@enron.com, ami.chokshi@enron.com
cc:
Subject: HPL Nom for April 11, 2000

(See attached file: hpl0411.xls)

 - hpl0411.xls


Cynthia Kay Mann
kay.mann@enron.com
I approve invoices and work from remote locations.

	From:  iBuyit                           04/11/2001 12:42 AM

Sent by: Enron Announcements
To: All Enron Employees United States
cc:

Subject: Reply Requested: Do You Code Or Approve Invoices?

Do you code or approve invoices for goods and services that are processed by
the Houston-based Accounts Payable center?
If yes, please read and respond to this e-mail.

On May 1st, iBuyit Payables will be activated for all organizations supported
by the Houston-based Accounts Payable processing center (for example,
invoices submitted via AP drop box to 600 Jefferson, Houston).  If you code
or approve these invoices, the iBuyit Payables project team has important
information to share with you about the iBuyit Payables system, training, and
the May 1st transition to the new system.

To identify yourself as a future iBuyit Payables Coder or Approver, please
respond to this e-mail upon receipt with the following information:
*  Full Name (First, Middle, Last)
*  E-mail address
*  Business unit (For example, Corporate, ETS, EWS, EES, or EBS)
*  Do you code invoices? (Yes/No)
*  Do you approve invoices? (Yes/No)
*  Are you a remote user? For example, do you dialup to access the Enron
network? (Yes/No)

This will ensure that you receive important iBuyit Payables information.
Thank you for your response!

Attached is important iBuyit Payables training information:


The East Power meeting will be held on Wednesday, January 2 at 2:00 p.m. (CST) in ECS 06980.

Thank you.

Angie Collins
Sr. Administrative Assistant to Don Miller
713-853-3347

 -----Original Message-----
From: 	Miller, Don (Asset Mktg)
Sent:	Friday, December 28, 2001 3:15 PM
To:	Collins, Angie
Subject:	FW: East Power Meeting

 -----Original Message-----
From: 	Miller, Don (Asset Mktg)
Sent:	Friday, December 28, 2001 3:12 PM
To:	Presto, Kevin M.; Davis, Mark Dana; Burnett, Lisa; Miller, Jeffrey; Reeves, Leslie; Evans, Casey; White, Stacey W.; Gilbert, Gerald; Bentley, Corry; Sager, Elizabeth; Nettelton, Marcus; Bradford, William S.; Sacks, Edward; Portz, David; Choate, Jason; Sturm, Fletcher J.; Racicot, Paul; Panus, Stephanie; Murphy, Harlan
Cc:	Fallon, Jim
Subject:	East Power Meeting

We need to meet on Wednesday, the 2nd, at 2:00 pm (in the big conference on the sixth floor in ECS) to go back through the East Power contracts that we will continue to serve either through the pools or under bilateral deals.  Given the drill we went through today in preparing for the January schedules in PJM and NEPOOL, it became apparent we need to get all the team members on the same page and make sure we have a good system for notifying all relevant parties of terminations, changes, etc.

Bill/Ed - Can you please run the most recent DPR for non-terminated East Power contracts.

Casey and Stacey - will you please update the spreadsheet that you ran for Kevin last week.

Let's make sure we all agree on contracts that have been terminated.  As most of you probably have seen, a number of terminations have been received in the past several days (see below).

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).

Thanks,

Don
3-0492


Thanks, Joe

To: Kenneth Lay/Corp/Enron@ENRON, Jeff Skilling/Corp/Enron@ENRON, Joseph W
Sutton@Enron
cc: Steven J Kean/HOU/EES@EES, Bill Donovan/EPSC/HOU/ECT@ECT, Pete Van De
Gohm/HOU/EES@EES, Melinda Winkler@ECT
Subject: Shareholder Meeting

In light of the shareholder proposal from Friends of the Earth Action, we had
a third-party consultant gather public record background information on the
group.

Friends of the Earth Action is a registered Texas corporation, and acts as
the political arm of Friends of the Earth, Inc., one of the largest organized
ecological protection groups with its headquarters in Washington DC.  They
use a systematic political approach to reach their goals, and when that is
unsuccessful, they have been known to be disruptive.  Friends of Earth Action
has taken credit for participation, and even claimed an organizational role,
in the recent demonstrations in Seattle and Washington DC.

Their literature describes their immediate goals as targeting six politicians
and six major corporations for shareholder actions and special publicity.
Brent Blackwell is described as a 'remarkably effective environmental
activist' who, over 30 years, has led shareholder actions against Exxon and
DuPont.  Their literature also portends a link to Cuban successes in
environmental reform.

Our consultant feels this is a powerful group that should not be taken
lightly, and that future dealings with this group may be less political and
more demonstrative in nature.

While we don't expect demonstrations at our shareholders meeting, we have
augmented our security with additional police and security officers.
Security presence, while elevated, will be low-key and not any more visible
to shareholders than normal security.

Regards,

Mike Hicks


Sc ott,
I'm planning on taking your emails and revising the current draft to create a
new one.  Your points were very well thought out, so I would like to have the
day to get a new draft.  It looks like I will be at home tomorrow since I'm
still not feeling well, but I certainly feel well enough to work on the
contract.  Perhaps we will get some input from our team in Conn. gang by noon.

How does this sound?

Stephen,
Feel free to weigh in with any comments/suggestions.  Your  input is welcome.

Kay

PS I can now print at home.


----- Forwarded by Brent Hendry/NA/Enron on 10/16/2000 11:42 AM -----

	Dale Neuner@ECT
	10/12/2000 08:49 AM

		 To: Justin Boyd/LON/ECT@ECT, Amita Gosalia/LON/ECT@ECT
		 cc: David Forster/Corp/Enron@Enron, Brent Hendry/NA/Enron@Enron, William
Stuart/HOU/ECT@ECT, Sheri Thomas/HOU/ECT@ECT, Jennifer deBoisblanc
Denny/HOU/ECT@ECT, Robert B Cass/HOU/ECT@ECT, Melba Lozano/HOU/ECT@ECT, Frank
L Davis/HOU/ECT@ECT, Lisa Lees/HOU/ECT@ECT
		 Subject: FX Description

Here's what I hope will be the final version of the FX Product Long
Description, which is based on conversations between Brent Hendry, William
Stuart, and myself. I suspect that this is very close to being finalised by
both Brent and William.

Per this mornings conversation between Amita and I, PCG Houston will build
and maintain this Product Type. We will commence the building of the Product
Type once I have (i) an answer back on the trading Legal Entity and (ii)
David Forster's input on whether to treat this as a physical or financial
Product; and how to handle the Location/Index issue.

Dale


Thanks.

Sara and I will call your line.

	John Viverito@ENRON
	09/13/2000 08:08 PM

		 To: Alan Aronowitz/HOU/ECT@ECT
		 cc: Sara Shackleton/HOU/ECT@ECT, Darren Delage/AP/Enron@Enron
		 Subject: Re: Phone Meeting re: Financial Trading in Japan

Alan-

Both Darren and I are available for the conference call Monday at 6:30 p.m.
(Houston time) to discuss financial trading in Japan.  As Jane McBride will
have already started as the permanent lawyer for Enron Japan, I will ask her
to attend, as well.

Cheers,

John

	Darren Delage
	09/13/2000 06:10 PM

		 To: John Viverito/Corp/Enron@Enron
		 cc:
		 Subject: Re: Phone Meeting re: Financial Trading in Japan

John,
I am free on tuesday morning

	Alan Aronowitz@ECT
	09/14/2000 04:20 AM

		 To: John Viverito/Corp/Enron@Enron
		 cc: Sara Shackleton/HOU/ECT@ECT, Darren Delage/AP/Enron@Enron
		 Subject: Phone Meeting re: Financial Trading in Japan

Sara Shackleton and I would like to visit with you and Darren about the
implementation issues going forward on ir/fx trading in Japan. Could you
arrange a meeting with Darren and hook in with Sara and me at
6:30p.m.-7:00p.m. on Monday evening Houston time? If this time does not work,
please suggest another time the early part of next week. Thanks.

Alan


I had a meeting today with Milind Laad (Financial Controller), Anand S.
(Manager - Accounts) and Heidi Hellman (commercial associate & person
responsible for setting up the mid & back office functions) from the Indian
office in regards to their expected Coal, Power, liquid fuels, and gas
transactions.  We based the discussion around the checklist (copy attached
below).  The following is a summary of the meeting.

India is in the process of looking at potential deals but has not signed any
contracts yet.  Heidi and Milind believe that in the near term India will
only be doing a few structured deals and no trading.

Heidi, Milind and I went over the checklist together and the results indicate
that there is still a lot to do before India commences activities.  They have
talked to a number of people about their plans but have not formalized
anything as of yet.  Also, I'm not sure they yet appreciate the number of
processes and procedures that must be established before any transactions
have commenced.

I politely told Milind that the Enron way is to have systems, processes,
procedures and controls established before any deals have commenced and that
we have to make sure this happens.  Lastly, there are certain things that
they told me that I'm a bit worried about (the first is that a commercial
person is responsible for setting up controls and processes).  I would like
to talk to each about some of these as well as about what involvement you
have had with India to date and what involvement you may have on an ongoing
basis.

Regards

Shona


Start Date: 1/24/02; HourAhead hour: 2;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002012402.txt


Now I remember. Call me if you get this in the next 20 minutes.

	Andrew Edison@ENRON
	03/23/2001 05:00 PM

		 To: Richard B Sanders/HOU/ECT@ECT
		 cc:
		 Subject: Re: Enron Metals v. Pan Ocean

This is the matter I have been working on for Enron Metals.  Enron Metals
hired Pan Ocean as charterer.  Enron Metals needed to ship some metal from
somewhere in Asia to Baltimore.  The ship was arrested in Hawaii in November
and has not sailed since.  We are going to file an arbitration against Pan
Ocean seeking to recover the damages we have suffered as a result of not
being able to get our product to Baltimore.  Estimated damages: approx. $1
million.  We hired Heallie & Baille back in January to assist (not Leroy).

	Richard B Sanders@ECT
	03/23/01 08:58 AM

		 To: Andrew Edison/NA/Enron@ENRON
		 cc:
		 Subject: Re: Enron Metals v. Pan Ocean

what is this case?

	Andrew Edison@ENRON
	03/23/2001 12:36 AM

		 To: Rob Walls/ENRON@enronXgate, James Derrick/Enron@EnronXGate, Rex
Rogers/Enron@EnronXGate, Stephen Wallace/Enron@EnronXGate, Eric
Newell/EWC/Enron@ENRON, Michael P Moran/Enron@EnronXGate, Rebecca
Carter/Corp/Enron@ENRON, Mark E Haedicke/HOU/ECT@ECT, Richard B
Sanders/HOU/ECT@ECT, Robert Williams/ENRON@enronxgate, Jordan
Mintz/Enron@EnronXGate, Elizabeth Labanowski/Enron@EnronXGate, Randy
Young/NA/Enron@Enron, Bruce Lundstrom/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Frank Sayre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Vicki Sharp/HOU/EES@EES,
John Schwartzenburg/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, John
Ale/HOU/AZURIX@AZURIX, Kristina Mordaunt/Enron Communications@Enron
Communications, Molly Sample/Houston/Eott@Eott, Janet Place/NPNG/Enron@ENRON,
Jim Armogida/Enron@EnronXGate, Mark Evans/Legal/LON/ECT@ECT, Limor
Nissan/NYC/MGUSA@MGUSA, Charles Cheek/Enron@EnronXGate
		 cc:
		 Subject: Enron Metals v. Pan Ocean

Enron Metals is considering filing a breach of contract arbitration
proceeding against Pan Ocean Ltd. and Panobulk America.

If you are aware of any reason that Pan Ocean Ltd. and Panobulk America
should not be sued, please call me at 713-345-7105 or e-mail me by the end of
business on Monday, March 26, 2001.  If I do not hear from you by then, I
will assume that you have no objection to Enron Metals instituting this
litigation.

Thanks for your assistance.


Per Steve at TCO gas control, over injections will be allowed for 10/10/01.  I put us down for 20,000.  (8:30 AM)

Kelly M. Loocke
Enron North America
713-853-3570
pager:  877-872-7966


Do you have a contact at the Counterparty?  It is not where they are
headquartered that necessarily matters, but where they are incorporated.

	Walter Guidroz/ENRON@enronXgate
	03/05/2001 10:10 AM

		 To: Tana Jones/HOU/ECT@ECT
		 cc: Tom Moran/ENRON@enronXgate
		 Subject: RE: Coast Energy Canada, Inc.

Tana, the information we have is that they are headquartered in SugarLand,
TX.

 -----Original Message-----
From:  Jones, Tana
Sent: Friday, March 02, 2001 6:45 PM
To: Moran, Tom; Guidroz, Walter
Subject: Coast Energy Canada, Inc.

Are we sure that the above counterparty is US and not Canadian?


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/05/2000
04:22 PM ---------------------------

Joseph Hrgovcic
04/05/2000 04:06 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc: vkaminski@aol.com, Shirley Crenshaw/HOU/ECT@ECT
Subject: CME and CATEX

---------------------- Forwarded by Joseph Hrgovcic/HOU/ECT on 04/05/2000
04:06 PM ---------------------------

Lucy Ortiz
04/05/2000 04:02 PM
To: Joseph Hrgovcic/HOU/ECT@ECT
cc:
Subject: CME and CATEX

Spotlight Report
  Exchange products seeing slow trading
  GAVIN SOUTER

  03/20/2000
  Business Insurance
  Page 3
  Copyright (C) 2000 Crain Communications, Inc. All rights
  reserved.

  Exchange-based insurance products developed in recent years have
  been somewhat slow to get off the ground.

  Although several exchanges have offered derivative contracts since
  the mid-1990s to cover insurance risks, none so far has posted a
  significant volume of trades.

  Few insurers, reinsurers or policyholders have been drawn away
  from the traditional insurance markets, where capacity remains
  abundant and relatively cheap.

  As long as those traditional markets manage to weather major
  natural catastrophes, the allure of the exchange-based products will
  remain limited, observers say.

  Also stifling the growth of the exchange-based contracts is the
  limited number of contracts available, one expert noted. Dealers, he
  said, are unable to secure a suitable hedge by laying off one
  contract against another.

  Although the various exchanges have had a good opportunity to
  establish a widely used set of new risk financing products, that has
  not been achieved, said Morton Lane, senior managing director,
  capital markets division at Gerling Global Financial Products in
  New York.

  The main problem with the existing exchanges is that they do not
  offer a sufficiently diverse array of products, he said. The only way
  to control the risks in the catastrophe options is to have a diversified
  portfolio of other contracts, and none of the exchanges currently
  offers a sufficiently broad range of options to provide for that
  hedge, he said.

  Florida windstorm options, for example, cannot be bought and then
  hedged in the same way that International Business Machines Corp.
  stock options contracts can be hedged with IBM stock, Mr. Lane
  explained.

  The exchanges might be more attractive to investors if, in addition to
  natural catastrophe options, they included options on other risks, he
  said. Those might include, for example, satellite, aviation and crop
  indexes, Mr. Lane said. "For the insurance buyer, such exchange
  instruments would not represent the perfect risk transfer vehicle, but
  as long as they are quantifiable and indexable, they may represent a
  good surrogate," he said.

  The exchanges could also be used to create a derivatives market for
  over-the-counter securitized deals, if there are regular issuers of
  catastrophe bonds, Mr. Lane said.

  The soft insurance market has also hindered the growth of
  exchange-based insurance products, said Sean F. Mooney, senior
  vp and chief economist at Guy Carpenter & Co., the reinsurance
  brokerage unit of Marsh Inc. in New York.

  "The traditional market has been so competitive that people are not
  looking for other ways of doing business," he said.

  At least in concept, the exchange-based deals are generally similar
  to the mortgage-backed securities that have been a huge success
  since they were introduced in the 1970s. "There is a belief that
  alternative means of transferring risks will grow, but it is difficult to
  predict when," Mr. Mooney said.

  Currently, the trading that is taking place typically involves
  established insurers and reinsurers, so the exchanges have not
  brought substantial new capacity to the marketplace, he said.

  Guy Carpenter provided the index for the Bermuda Commodities
  Exchange reinsurance products. The BCE did not take off,
  however, and was suspended last year after two years of little
  activity.

  The oldest of the insurance-related, exchange-based derivative
  products are the catastrophe options traded on the Chicago Board
  of Trade, which began trading the options in 1996.

  Initially, there was substantial interest in the options, but the soft
  traditional market has hampered use of the contracts to hedge
  catastrophe exposures, said Carlton Purty, an independent broker
  at the CBOT who trades in options.

  No catastrophe option trades have been completed at the CBOT
  so far this year, he said. Last year, there was increased interest in
  the contracts because of Hurricane Floyd, but few contracts were
  traded, Mr. Purty said.

  "I think a major, major catastrophe will have to happen before they
  really take off," he said.

  The contracts offer real protection, and options dealers are keen to
  trade in a new niche, but the conventional insurance and reinsurance
  markets are so soft that few companies are turning to alternative
  coverage options, Mr. Purty said.

  The Catastrophe Risk Exchange, located in Princeton, N.J., has
  radically changed its structure since it was originally announced in
  mid-1996, and it is well positioned to expand, said Frank Sweeney,
  chief operating officer.

  CATEX initially planned to be a computer-based facility for
  reinsurers that would enable them to exchange catastrophe risks
  and to build balanced portfolios.

  But by the time the exchange was operational in November 1996, it
  was clear that most reinsurers and insurers interested in CATEX
  wanted only to buy and sell conventional reinsurance, Mr. Sweeney
  said.

  Although there was some interest in risk swapping, only a handful of
  risks were posted on the system, and none was traded, Mr.
  Sweeney said.

  Consequently, CATEX has become chiefly a "cash for cover"
  exchange, he said, noting that the risks reinsured on the exchange
  include property catastrophe coverage, aviation and liability
  coverages. CATEX also trades industry loss warranties, where
  coverage is triggered by an actual loss combined with an industry
  loss over an agreed threshold.

  Other adjustments to the exchange included making it accessible
  through the Internet in November 1998. And late last year, CATEX
  offered users the ability to set up smaller networks, allowing them
  form groups whose members do business only with one another.

  Since its inception, CATEX has completed about 450 trades,
  totaling $400 million in premium and more than $3 billion in limits,
  he said. CATEX's roughly 160 subscribers include reinsurers,
  insurers and corporate entities that purchase coverage through their
  captives, Mr. Sweeney said.

  "We obviously have a long way to go, but we are pretty satisfied
  with what we have achieved so far," Mr. Sweeney said.

  The exchange sees increased activity after major losses, as cedents
  seek to buy replacement coverage to offset depletions in their
  existing cover, he said. For example, Mr. Sweeney said, there was
  a flurry of activity after the European windstorms in December last
  year.

  Last September, the Chicago Mercantile Exchange entered the field
  of insurance-related derivatives when it began offering weather
  derivatives .

  Thus far, 420 futures contracts have been traded, said Larry
  Grannan, senior director in product marketing at the CME.

  Such contracts are designed to allow businesses to hedge against
  weather-related losses. For example, a utility may sell less power in
  a mild winter, and it would be able to use the futures to hedge a
  resultant fall in revenues.

  The exchange first offered heat-based indexes for Atlanta, Chicago,
  Cincinnati and New York. In January, it added Philadelphia, Dallas,
  Des Moines, Las Vegas, Tucson and Portland, and it began offering
  contracts based on cold weather.

  Currently, most of the trades are between securities dealers
  themselves, but, eventually, the contracts will likely be used more
  extensively by utilities and insurers, Mr. Grannan said.

  In addition, the futures contracts could be used as hedges for
  over-the-counter securitized deals, he said.

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


Register now for our upcoming events!
*Nov. 9*     "Global Warming & Climate Change: The Coming Changes to Pennsylvania's Natural Heritage and Public Health"
Sponsored by PennFuture and the Interfaith Campaign on Climate Change of the Pennsylvania Council of Churches, and cosponsored by Audubon PA.
9:00 a.m.- 4:30 p.m. -- Trinity Lutheran Church in Camp Hill, PA --  $25 General Admission.

*Nov. 15*     Second Annual Green Power: Turn It On! Awards Luncheon
Sponsored by PennFuture in cooperation with the U.S. Environmental Protection Agency, the Center for Resource Solutions & the U.S. Department of Energy - Philadelphia Regional Office. Luncheon Program --12 - 2 p.m. -- Omni William Penn Hotel, 530 William Penn Place, Pittsburgh -- $25 General Admission, $15 PennFuture Members.

*Dec. 3*     Election 2001: The Calm Before The Storm"
Presentations by Senator Jeffrey Piccola, Senate Majority Whip; Representative Michael Veon, House Minority Whip; Professor G. Terry Madonna, Millersville University. Luncheon Program -- 11:30 a.m. -- Harrisburg Hilton and Towers -- $25 General Admission, $15.00 Members.

See "Events/Campaigns" on our website (www.pennfuture.org <http://www.pennfuture.org>) for more information and to register.
---------------------------------
October 26, 2001
Vol. 3, No. 20

Wind Market Power

As strong winds blew in from the west on October 24th, Community Energy and Exelon Power Team executives announced the five largest retail wind purchases in America's history to a large crowd of excited onlookers gathered for the dedication of two new Pennsylvania wind farms.

Amidst cheers and applause, Mike Freeman of Exelon Power Team and Brent Alderfer of Community Energy announced that the University of Pennsylvania now leads the nation for the largest retail purchase of wind. The Penn Quakers are buying 20 million kilowatt-hours (kWh) - the output of five turbines or the equivalent of 5 percent of its electricity - from the Community Energy-Exelon Power Team's 15 MW and 9 MW wind farms at Mill Run and Somerset Township.

With these turbines only just beginning to turn, multiple conversations were heard about the need to build even more wind farms to meet retail consumer demand for wind energy. All those standing on the reclaimed mine land that is now a dairy farm could see before them the merging of wind power and the power of the retail marketplace.

Not far behind the Quakers in their purchase are the roaring Nittany Lions of Penn State University. Penn State University is purchasing more than 13 million kWh, the production of three turbines, from Community Energy. For a land grant university, it's hard to beat clean energy made on a dairy farm.

In third place is Carnegie Mellon University, which created crucial momentum by becoming the first major wind purchaser, acquiring 4.8 million kWh. Having exercised real leadership and gotten this market moving, Carnegie Mellon is seriously considering increasing its wind energy buy next year.

Rounding out the top five are the Philadelphia Suburban Water Company and Giant Eagle, with purchases of about 4 million and 3 million kWh respectively.

We urge more companies and utilities to follow their examples. If you are interested in buying wind energy, contact Community Energy at www.newwindenergy.com <http://www.newwindenergy.com>.

In fact, if just 660 institutions buy at least the output of one large wind turbine, Pennsylvania's retail consumers can insure that 1,000 MW of new wind energy are built and operating. By harnessing the power of the retail market to wind power development, that goal is very achievable.

Though not in the top five, the Environmental Protection Agency, Western Pennsylvania Conservancy, and the White Dog Cafe in Philadelphia have all also made major purchases. Every one of these purchasers understands the price of wind energy, but more importantly, they understand its environmental, public health, and energy security value, showing that Oscar Wilde wasn't right about everyone when he said "nowadays people know the price of everything and the value of nothing."

Stunningly, 75 percent of the wind power from these two wind farms was sold out as soon as Public Utility Commission Chairman Glen Thomas and Department of Environmental Protection Secretary David Hess flipped the switch of the first of what are sixteen Enron Wind 1.5 MW machines.

These turbines, which make 11-20 full revolutions per minute, are the largest manufactured in the United States, and their blades are longer than previously used to be more efficient in the moderate-but-steady wind at these locations. All told, they will generate enough electricity for 8,000 homes, or about 63 million kWh of electricity - with no soot, mercury, carbon dioxide, nitrogen oxide, or sulfur dioxide. In contrast, typical system power in this region would emit about 75 million pounds of carbon dioxide, 568,000 pounds of sulfur dioxide, and 177,000 pounds per year of nitrogen oxide in order to provide the same amount of electricity.

But aside from the important environmental benefits, the wind projects also reflect substantial economic development in Fayette and Somerset counties. Both the Mill Run and Somerset turbines are on working farms, with the owners receiving $3,000 to $4,000 for each tower erected on their land, which they continue to farm. Several of the Somerset turbines are situated on reclaimed strip and deep mines. Construction of the two wind farms required about 40 labor years of employment and will require about four full-time equivalent workers to maintain and operate the sites. The sites generate local property taxes and, if yesterday's dedication ceremonies and the nearby Green Mountain wind farm in Garrett are any indication, at least a modest tourist industry!

This was all made possible by a great project team and every member deserves a hearty "well done." Although construction only took about 4? months, project development by Atlantic Renewable Energy Corporation began about two years ago. Zilkha Renewable Energy, Atlantic's development partner, provided project financing, as did The Reinvestment Fund's Sustainable Development Fund, with money made available as a result of the PECO Energy and Unicom merger settlement negotiated by PennFuture and others. Exelon Power Team is the wholesaler and Community Energy markets wind energy to retail customers.

On a sad note, Nick Humber, an Enron Wind employee who was instrumental in moving the projects to fruition, died when his hijacked plane crashed into the World Trade Center on Sept. 11. Another plane that crashed in Somerset County was only about 15 miles from the wind farm. Nick's contribution to the project leaves a stunning memorial, reaching into the sky, with clean, affordable, home-grown electricity that supports our communities. We are glad that Nick's brother was able to attend the dedication.

As the tragic events of Sept. 11 spur renewed patriotism and interest in domestic safety, it is important to recognize that the Community Energy-Exelon wind farms will help to increase America's energy independence and security. More wind farms can only do us more good.

"Conservation is a moral issue," said President Teddy Roosevelt, "for it involves the patriotic duty to insure the safety and continuance of the nation."

In these times, conservation of America's environment and protecting the nation's safety cannot be done without an accelerated shift to wind and other renewable energy resources. To all involved with this project, but especially the University of Pennsylvania and the other purchasers who have acted in keeping with Teddy Roosevelt's words, we salute you.
---------------------------------
E-Cubed is available for reprint in newspapers and other publications. Authors are available for print or broadcast.

PennFuture (www.pennfuture.org <http://www.pennfuture.org>), with offices in Harrisburg, Philadelphia and Pittsburgh, is a statewide public interest membership organization, which advances policies to protect and improve the state's environment and economy. PennFuture's activities include litigating cases before regulatory bodies and in local, state and federal courts, advocating and advancing legislative action on a state and federal level, public education and assisting citizens in public advocacy.

To unsubscribe, simply reply to this email with "unsubscribe" in the subject.


I'm most concerned about the internet aspect of things now - this is new
advice we are requesting and I would not expect it to be the lion's share of
the expense - presumably the update portion will be relatively easy.

	Enron North America Corp.

	From:  Tana Jones                           10/26/99 09:45 AM

To: Mark Taylor/HOU/ECT@ECT
cc:
Subject: Mexico advice

Per Shari this a.m., we had already requested an update on Ritch, Heather's
legal advice from another law firm in Mexico, Lopez Vallardi.  You have
already authorized payment of the bill.  The fax requesting an update from
Ritch, Heather went out yesterday.  What would you like to do?


Joseph Alamo
	08/30/2000 06:08 PM

To: California Government Affairs, Paul Kaufman/PDX/ECT@ECT
cc: Lysa Akin/PDX/ECT@ECT, Ginger Dernehl/NA/Enron@Enron
Subject: 2nd Request:  Updates for September Internal Resource Table

Please note *Second Request* for attached.  Thanks, Joseph
---------------------- Forwarded by Joseph Alamo/SFO/EES on 08/30/2000 06:07
PM ---------------------------

	Joseph Alamo
	08/25/2000 11:16 AM

To: California Government Affairs, Paul Kaufman/PDX/ECT@ECT, Marcie
Milner/Corp/Enron@ENRON, Mary Hain/HOU/ECT@ECT
cc: Lysa Akin/PDX/ECT@ECT
Subject: Updates for September Internal Resource Table

Please consider this a reminder that your "IRT" updates are soon due to Rick
& Sue Nord.

In order to facilitate processing this report in a timely manner, please
utilize the
attached Excel file (see below), which contains two worksheets, one "blank"
for your usage for new entries (see the tab labeled "INPUT for SEPTEMBER").
The other worksheet contains the August Report in its entirety (tab labeled
"AUGUST REPORT"), for reference as well as "cut & paste" purposes (if
simpler!).

Please complete and return to me by COB Wednesday, August 30th......
(and don't forget your priority "rankings" for each entry!)

Note:  if you'd prefer a hard copy of the above, please let me know.

Thanks in advance for your assistance.

Joseph Alamo
Sr. Administrative Assistant
Government Affairs - The Americas
San Francisco CA


Kevin,

Give me a call when you get a chance.  I want to talk
to you before I call Lisa about the list.  My work
number is 609-387-5972.

Love,

Mom
__________________________________________________
Do You Yahoo!?
Talk to your friends online with Yahoo! Messenger.
http://messenger.yahoo.com


---------------------- Forwarded by Sandra F Brawner/HOU/ECT on 01/17/2001
03:28 PM ---------------------------

"Pamela Anderson" <pama9@flash.net> on 01/17/2001 01:59:09 PM
To: "Sandra Brawner" <Sandra.F.Brawner@enron.com>
cc:
Subject: Fw: IT'S GOOD TO BE A MAN

Sandra,
I think you will enjoy this one.  I can see you giggling right now.
Pam
----- Original Message -----
From: Sue Caldwell <sue@mbainsurance.net>
To: Pam Anderson <Pama9@flash.net>
Sent: Wednesday, January 17, 2001 12:54 PM
Subject: Fw: IT'S GOOD TO BE A MAN

>
> ----- Original Message -----
> From: "Steve Tietjen" <stasports@mindspring.com>
> To: "Abbey Lynch" <klynch@flyfrontier.com>; "Brenda & Don Ott"
> <b&dott@onemain.com>; "Cal & Lisa" <tacoma@iws.net>; "Debbie Kerinke"
> <dkerinke@ddrcco.com>; "Diane JENSEN" <dejensen@qwest.net>; "Ed & Jan
> Boykin" <edjanboykin@aol.com>; "Frank Stasko" <fstasko@4dvision.net>;
"Kelly
> Lynch" <klynch@flyfrontier.com>; "Kenney Turnbaugh"
<xbananasx@hotmail.com>;
> "Leslie Freedman" <lafreedman@uswest.com>; "Marty Scott"
> <user21275@uswest.net>; "Sandee DeVore" <sandraDV@aol.com>; "Steve Wilbur"
> <swejon@uswest.net>; "Sue" <sue@mbainsurance.net>; "Terry Lackey"
> <twlackey@aol.com>
> Sent: Wednesday, January 17, 2001 11:20 AM
> Subject: FW: IT'S GOOD TO BE A MAN
>
>
> >
> >
> > > IT'S GOOD TO BE A MAN
> >
> > > > >Your last name stays put.
> > > > >The garage is all yours.
> > > > >Wedding plans take care of themselves.
> > > > >Chocolate is just another snack.
> > > > >You can be president.
> > > > >You can wear a white T-shirt to a water park.
> > > > >Car mechanics tell you the truth.
> > > > >You don't give a rat's ass if someone notices your new haircut.
> > > > >Same work...more pay.
> > > > >Wrinkles add character.
> > > > >Wedding Dress $5,000; Tux rental $100.
> > > > >People never stare at your chest when you're talking to them.
> > > > >New shoes don't cut, blister, or mangle your feet.
> > > > >One mood, ALL the damn time.
> > > > >A five-day vacation requires only one suitcase.
> > > > >You can open all your own jars.
> > > > >You can kill your own food.
> > > > >You get extra credit for the slightest act of thoughtfulness.
> > > > >Your underwear is $8.95 for a three-pack.
> > > > >Three pairs of shoes are more than enough.
> > > > >You can drop by to see a friend without having to bring a little
> gift.
> > > > >If another guy shows up at the party in the same outfit, you just
> might
> > > > >become lifelong friends.
> > > > >You are not expected to know the names of more than five colors.
> > > > >You don't have to stop and think of which way to turn a nut on a
> bolt.
> > > > >You almost never have strap problems in public.
> > > > >You are unable to see wrinkles in your clothes.
> > > > >The same hairstyle lasts for years, maybe decades.
> > > > >You don't have to shave below your neck.
> > > > >One wallet and one pair of shoes, one color, all seasons.
> > > > >You can "do" your nails with a pocketknife.
> > > > >You have freedom of choice concerning growing a mustache.
> > > > >Christmas shopping can be accomplished for 25 relatives on December
> > > > >24th, in 45 minutes.
> > > > >
> > >
> > >
> >
> >
> >
> > -
> >
>
>


that is fine with me, but what about shanna, she might be a little
uncomfortable with just the 3 of us

"Larry W. Bass" <lwbthemarine@bigplanet.com> on 08/28/2000 02:59:39 PM
To: eric preston bass <Eric.Bass@enron.com>
cc:
Subject: UH v. T@Austin

Good afternoon. Mother suggested that maybe it  would be fun if the trip to
see The University of Houston beat Texas @  Austin,were boys only. Say you,
me and Jason. I suspect that has  to do?  with her "don't give a do-do"
attitude about football. Thought I would pass it  on. What do  you think?-Dad


they wanted to allocate between LP (onshore)= 20%, Ltd. (offshore)= 80%
---------------------- Forwarded by Caroline Abramo/Corp/Enron on 04/17/2001
04:02 PM ---------------------------

Caroline Abramo
04/17/2001 02:36 PM
To: Fred Lagrasta/HOU/ECT@ECT
cc:

Subject: DKR Capital deal..

---------------------- Forwarded by Caroline Abramo/Corp/Enron on 04/17/2001
03:36 PM ---------------------------

Caroline Abramo
04/17/2001 02:26 PM
To: Mog Heu/NA/Enron@Enron, Russell Dyk/Corp/Enron@ENRON, Stephen
Plauche/Corp/Enron, Robyn Zivic/NA/Enron@Enron
cc: Paul Radous/Corp/Enron, Carol St Clair/HOU/ECT@ECT, Sara
Shackleton/HOU/ECT@ECT

Subject: DKR Capital deal..

Paul- we went ahead and did the deal with DKR:

They bought WTI at $25.67and sold NYH 1% at $22.57
Net spread= $3.10
CY02
25 contract per month= 300,000 bbls in total.

I have requested 50K of initial margin on the deal.

In terms of the deemed ISDA, we agreed to Paul's termination clauses with the
amendment.

change 3 to ...NAV exceeds 3 to 1
change 4 to ....$30MM and $150MM, respectively.

Carol- as soon as you can get out the deemed ISDA , I'll let my back office
know..
Please call me with questions,
Caroline
212 702 3910


Either the location, or the number of locations has changed on revision number 14. The hedge associated with this deal needs to be re-evaluated.


Start Date: 4/28/01; HourAhead hour: 13;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042813.txt


Brian,
     I didn't hear back on the PPA for Julie Armstrong.  Is it scheduled to be paid?

Dan


IVOLUNTEERI
I Have a Dream - Houston is committed to motivating and encouraging
disadvantaged inner city children to graduate from high school through
tutoring and mentoring.  Its "classroom" is located at Gregory Lincoln
Elementary-Middle School on West Dallas, just 5 minutes from Enron.
Volunteer tutors work one-on-one with "dreamers" during the school year, once
a week for one hour.  Volunteer opportunities include tutoring, mentoring,
field trip chaperones and assisting with administrative and fund-raising
tasks.   Enron volunteers make wonderful role models.

For more information contact Joanna Chagra at I Have a Dream - Houston, (713)
523-7326 or email: ihad@ihaveadreamhouston.org.  Your Enron contact is Kate
Cole at x31624.

IHAPPENINGSI
Looking for a summer camp for your child ages 5-13? The second annual Camp
Enron, a partnership with Kidventure Summer Camps is here.  There are
openings for the remaining seven weeks with camp ending on August 4. You may
sign up for all seven weeks or as little as one week. For more information
contact, Michelle Kapfer at 713-853-7514 or visit
http://www.kidventurecamp.com/enron.htm.
ISCREENINGSI
June 20 & 21- Prostate and Testicular Cancer Screening.  Space still
available.  Prostate Screening: $15 Enron, $70 Contractors.  Testicular
Cancer Screening: $10 Enron, $15 Contractors.  Checks only.  Call the Health
Center at 713-853-6100 to schedule an appointment.


oh it is not.  You Lie!

MARY THERESA FRANKLIN
04/06/2000 03:51 PM
To: Chris Germany/HOU/ECT@ECT
cc:
Subject: CNG Appalachian production

DONE
---------------------- Forwarded by Mary Theresa Franklin/HOU/ECT on
04/06/2000 03:49 PM ---------------------------

Chris Germany
04/06/2000 03:24 PM
To: Mary Theresa Franklin/HOU/ECT@ECT, Gloria G Barkowsky/HOU/ECT@ECT, Heidi
Griffith/DUB/EES@EES
cc: James T Javins/DUB/EES@EES, Heidi Griffith/DUB/EES@EES, John M
Singer/Corp/Enron@ENRON
Subject: CNG Appalachian production

Terry, please call Jack Meyers (304-623-8811) at CNG Transmission and have
these meters moved from CES/CEM pools to Enron's pools.  I think all you need
to do is send CNG a letter  requesting;

   "Please move all meters flowing into contract 8G0A61 to contract 8G0011".

If CNG needs meter information, maybe you could send them the statement they
send to Gloria,  I believe CES/CEM has 11 contracts.

Let me know if you have any questions.

thanks

---------------------- Forwarded by Chris Germany/HOU/ECT on 04/06/2000 03:07
PM ---------------------------

Chris Germany
04/05/2000 06:10 PM
To: Mary Theresa Franklin/HOU/ECT@ECT, James T Javins/DUB/EES@EES, John M
Singer/Corp/Enron@ENRON, Heidi Griffith/DUB/EES@EES
cc: Angie Zeman/Corp/Enron@ENRON, Molly LaFuze/HOU/ECT@ECT, Victor
Lamadrid/HOU/ECT@ECT, Katherine L Kelly/HOU/ECT@ECT, Colleen
Sullivan/HOU/ECT@ECT, Gloria G Barkowsky/HOU/ECT@ECT
Subject: CNG Appalachian production

The CES/CEM CNG Appalachian production is still flowing into the CES/CEM
gathering and transmission contracts.  Unless someone objects I would like to
get this moved over to Enron's pool.  We don't need to have the gathering and
transmission contracts moved over.

Comments/questions?


See attached guaranty forms with proposed revisions to expressly make the guaranties continuing and to provide that the caps are not affected by collateral held or applied by Counterparty/Enron.  Please advise of any comments or thoughts.

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


Vince,
 Today is the last day of my internship here this summer.  I have had a
terrific summer.  Thank you so much for all of your support!  I have talked
with my supervisor from this group and I am pleased that he feels strongly
and positively about my performance.  Of course, my job decision is a very
important one for me and as I consider job offers in the upcoming months, a
variety of factors will be influencing my choice.  Certainly one of them will
be the positive experiece I have had with Enron.  But regardless of my
decision in future, I am so glad that I have had the opportunity to glimpse
into Enron's business and culture.  I have met some amazing people here, and
my experience with Enron is something I will always take with me whereever I
go.

I hope to hear from you again.  Please feel free to contact me at any time.
My email remains: vngo@rice.edu and I will leave Shirley my phone number as
soon as I know it!

Deepest regards,
Van


Thanks, but I am in meetings today and can't make it.  Thanks. DF

Tammy Jaquet

03/13/2000 11:58 AM
To: Michel Nelson/ET&S/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON, Tim
Kissner/ET&S/Enron@ENRON
cc:

Subject: Change of Location - Mastio Survey Overview

The meeting with Dave has been changed to Houston.   Did you still want to
participate?  The conference room in Houston has a conference telephone but
it is not a video conference room.  If you want to meet in an office or
conference room in Omaha I can conference you in if you are still
interested.  Just let me know what you would like for me to do.

Thanks,

Tammy
---------------------- Forwarded by Tammy Jaquet/ET&S/Enron on 03/10/2000
04:46 PM ---------------------------

	From:  Deb Cappiello                           03/09/2000 10:44 AM

To: Lynn Blair/ET&S/Enron@ENRON, Bill Cordes/ET&S/Enron@ENRON, Rick
Dietz/ET&S/Enron@ENRON, Steven January/ET&S/Enron@ENRON, Sheila
Nacey/ET&S/Enron@ENRON, Tammy Jaquet/ET&S/Enron@ENRON, Dave
Neubauer/ET&S/Enron@ENRON, Julia White/ET&S/Enron@ENRON
cc: Sharon Brown/ET&S/Enron@ENRON, Alma Carrillo/ET&S/Enron@ENRON, Virginia
O'Neill/ET&S/Enron@Enron, Patti Rumler/ET&S/Enron@ENRON, Ricki
Winters/ET&S/Enron@Enron

Subject: Change of Location - Mastio Survey Overview

Since both Bill and Dave will now be in Houston, the meeting scheduled from
10:00-11:00 on March 14,
will now be held in EB4194.


I've added two new swaps to reflect the change from the California PX to the
Dow Jones index after 1/31/01. The following deal numbers cover the whole
term of the deal.

404980 - 9/1/00 through 1/31/01 @ PX NP15 Index
512726 - 2/1/01 through 8/31/03 @ DJ NP15 Peak Index
512743 - 2/1/01 through 8/31/01 @ DJ NP15 Off-Peak Index

Both new deals have comments that link them back to the original deal. Let me
know if you have any questions.

Thanks,
Kate


FYI, JDS Uniphase Corporation was one of the 150 California companies that
received our direct access letter.  Please see the attached letter that they
sent to the CPUC commissioners.
---------------------- Forwarded by Karen Denne/Corp/Enron on 06/14/2001
01:15 PM ---------------------------
From: Janel Guerrero on 06/13/2001 10:59 PM
To: Ken_Pietrelli@ocli.com
cc:  (bcc: Karen Denne/Corp/Enron)

Subject: Re: JDS Uniphase Corporation Strongly Supports Retention of Direct
Access and asks for CPUC Support

Thank you Mr. Pietrelli.  Your letter is straightforward, honest, and such an
important part of the process.  I'll foward your letter to Chairman Lay
immediately.  Thank you again for your interest in the issue and for taking
time to contact the CPUC.

Janel Guerrero
Director, Government Affairs

	Ken_Pietrelli@ocli.com
	06/13/2001 07:49 PM

		 To: Janel.guerrero@enron.com
		 cc:
		 Subject: JDS Uniphase Corporation Strongly Supports Retention of Direct
Access and asks for CPUC Support

FYI, the attached e-mail was sent to all 5 CPUC commissioners.

---------------------- Forwarded by Ken Pietrelli/SaRo/US/JDSUniphase on
06/13/2001 05:49 PM ---------------------------

Ken Pietrelli
06/13/2001 05:34 PM

To:   commissionerbrown@cpuc.ca.gov
cc:

Subject:  JDS Uniphase Corporation Strongly Supports
      Retention of Direct Access and asks for CPUC Support

Dear Commissioner Geoffrey F. Brown:

My name is Kenneth D. Pietrelli, Vice President of Corporate Services for the
Thin Film Products Group(formerly OCLI and Flex Products) of JDS Uniphase in
Santa Rosa, California.  I am asking for your support to retain Direct Access
as
an option for industrial energy customers such as JDS Uniphase.  Electricity
and
natural gas are critical infrastructural requirements for our manufacturing
processes.  Without access to reliable sources, at high quality and
competitive
prices we cannot satisfy our customers needs and be a viable business in
California.  We fear loss of direct access will have a material, adverse
effect
on our business in California where we currently employ approximately 5,000
employees. JDS Uniphase is made up of such diverse groups as the original
Uniphase Commercial Lasers Group in San Jose and Manteca, the E-Tek Dynamics
Company in San Jose, SDLI in San Jose and Santa Clara and OCLI and Flex
Products
in Santa Rosa.  The corporation has over 20,000 employees in over 20
countries.
Of all the sites in California only the Santa Rosa site has direct access,
which
is due to various historical and operational reasons.  We own a 22Mw
substation
located on our 75 acre plant site and are considered a grid level customer.
Up
to now we have enjoyed high quality, reliable electrical energy.  In the mid
1990's we began contracting directly for natural gas from other than PG& E and
are currently sourcing gas from Pan Canadian Energy via a single point gas
meter
for the site.  In 1998 we entered into a 5 year direct access electricity
contract with PG& E Energy Services.  In 2000 this contract was assigned by
PG&E
Energy Services to Enron and is valid through June 30, 2003.   Because of the
importance of energy availability, quality and price to our manufacturing
operations we have made business decisions on where capital investments have
been made and where redundant operations would be consolidated.  We are in the
process of a global re-alignment program that is consolidating numerous
activities to Santa Rosa, CA for a variety of reasons, to include our direct
access to energy.

 If direct access is eliminated in California, JDS Uniphase management will
have
to re-assess and re-consider actions currently underway to consolidate
manufacturing from Rochester, NY; Ottawa, Canada; Dunfermline Fife, Scotland;
and San Jose, Ca to the Santa Rosa, CA site. Other locations on the East Coast
of the U.S., China, UK, etc. would have to be re-considered for these
consolidation activities.  Selfishly, we are asking you to retain direct
access
to keep jobs in California.  Philosophically, we believe the "right to choose"
is an American tradition and anyone concerned with the long-term health and
viability of the California economy would want to retain the direct access
option for California customers.   Thanks for your time and support.

Kenneth D. Pietrelli
Vice President of Corporate Services, TFPG, JDSU
2789 Northpoint Parkway
Santa Rosa, CA 95407
Phone 707 525-7520
Fax 707 525-7846


---------------------- Forwarded by Kayne Coulter/HOU/ECT on 01/09/2001 03:13
PM ---------------------------

	From:  Samuel Schott                           01/09/2001 03:05 PM

To: Kayne Coulter/HOU/ECT@ECT
cc:
Subject: Re: Trader Access

Hi Kayne,

This is a rather large request. I expect it to be completed by tomorrow
evening.

Rgds.

Samuel x3-9890
(GCP_ENA)

	From:  Kayne Coulter                           01/09/2001 02:47 PM

To: Samuel Schott/HOU/ECT@ECT
cc:
Subject: Trader Access

I was wanting to know  what the status is on this or if I need to contact
Doung Luu.  The names are still not showing up with the respective books.

Thanks alot
Kayne Coulter
X34340
---------------------- Forwarded by Kayne Coulter/HOU/ECT on 01/09/2001 02:48
PM ---------------------------

	From:  Stacey W White                           01/04/2001 09:18 AM

To: Samuel Schott/HOU/ECT@ECT
cc: Jenny Latham/HOU/ECT@ECT, Kayne Coulter/HOU/ECT@ECT
Subject: Trader Access

Please assign everyone in the list below to the following trading desks:

EPMI-HRLY-SE
EPMI-HRLY-NE
EPMI-HRLY-MW
EPMI-HRLY-ERCOT

Thanks,
Stacey
---------------------- Forwarded by Stacey W White/HOU/ECT on 01/04/2001
09:20 AM ---------------------------

	From:  Kayne Coulter                           01/04/2001 09:20 AM

To: Stacey W White/HOU/ECT@ECT
cc:
Subject: 24 Hour Books

These are all the names that need to be associated with Hourly Ercot, Hourly
Midwest, Hourly Southeast, and Hourly Northeast.

Thanks
Kayne


Mike just talked to the broker and told me it is Merrill - deal has been
changed.

Evelyn Metoyer@ENRON
02/06/2001 12:06 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: status deal 514157

Deal 514157 what is the status.  Is Mike going to change cp name to Merrill
Lynch or keep it as Pacificorp?

Evelyn

   Kate Symes @ ECT                02/05/2001 04:34 PM

To: Evelyn Metoyer/Corp/Enron@ENRON
cc:

Subject: Re: 2-5-01 checkout

513386 - changed to APB.

514157 - Mike is checking with broker on this.

Evelyn Metoyer@ENRON
02/05/2001 01:53 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: 2-5-01 checkout

Jeff Richter
deal 513386
Prebon does not recognize this deal

 Mike Swerzbin
deal 514157
Prebon shows cp as Merrill Lynch not Pacificorp.


I believe this message was intended for Susan M Scott of ENA; I'm with ETS
Legal.

	From:  Russell Dyk                           12/08/2000 09:36 AM

To: Sheetal Patel/HOU/ECT@ECT, Susan Scott/ET&S/Enron@ENRON
cc:

Subject: Super Saturday Dinner

Apparently they now have more people than they know what to do with, so none
of us are needed. Thanks anyway, Susan, for offering to fill in and, Sheetal,
for extraordinary networking.


I'm sorry, Jeff, I didn't see your name on the distribution list of an email
regarding this meeting.  Here's the information below.
----- Forwarded by Angie Buis/Enron Communications on 11/14/00 02:14 PM -----

	Angie Buis
	11/14/00 09:22 AM

		 To: Donald Lassere/Enron Communications@Enron Communications, Sue
Nord/NA/Enron@Enron, Michelle Hicks/Enron Communications@Enron
Communications, Cynthia Harkness/Enron Communications@Enron Communications,
Lara Leibman/Enron Communications@Enron Communications, Jan
Haizmann/LON/ECT@ECT, Rajen Shah/LON/ECT@ECT, James Ginty/Enron
Communications@Enron Communications, Derenda Plunkett/Enron
Communications@Enron Communications, Alisa Christensen/Enron
Communications@Enron Communications, David
Merrill/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Robbi Rossi/Enron
Communications@Enron Communications
		 cc: Wayne Gardner/Enron Communications@Enron Communications
		 Subject: TAR&L Meeting - Location and dial in numbers 11/15/00

The next TAR&L meeting will be held Wednesday, November 15, 8:30-12:00 noon
in 3AC120.  (This is the ground floor of Three Allen Center, in the new
Accounting area.)

For those calling in domestically, please dial 1-888-476-3762, passcode
560271.
For those calling in internationally, please dial 1-517-267-1046, passcode
560271

The Host dial in is the same as the domestic dial in, and your passcode is
669866.

Breakfast will be provided.

If you have any questions, please contact me at 37097.

Angie Buis
EBS Tax

	Wayne Gardner
	10/11/2000 16:43

		 To: Donald Lassere/Enron Communications@Enron Communications, Sue
Nord/NA/Enron@Enron, Michelle Hicks/Enron Communications@Enron
Communications, Cynthia Harkness/Enron Communications@Enron Communications,
Lara Leibman/Enron Communications@Enron Communications, Jan
Haizmann/LON/ECT@ECT, Rajen Shah/LON/ECT@ECT, James Ginty/Enron
Communications@Enron Communications, Derenda Plunkett/Enron
Communications@Enron Communications, Alisa Christensen/Enron
Communications@Enron Communications, David
Merrill/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Robbi Rossi/Enron
Communications@Enron Communications
		 cc:
		 Subject: Draft Agenda for next TAR&L meeting - Comments welcome

1.  Based on discussions from the 11/8 meeting, step through a specific
US/Japan trading example, specifically determining what the US trading desk
can and cannot do with respect to each piece of the international capacity
segment (see attached file).

2.  Review and discuss Dave Merril's note on Korea.

3.  Step through a specific US/Korea trading example as in point one above.

4.  Time permitting, step through a US/Japan trading example, specifically
determining what a hypothetical Singapore trading desk could and could not do
with respect to each piece of the international capacity segment.

5.  Time permitting, determine the best general trading structure for Asia
and highlight specific problem areas that need to be identified with respect
to the structure.

W. Wayne Gardner
Enron Broadband Services
1400 Smith Street
Houston, TX  77002-7361
Phone:  713 853 3547
Fax:  713 646 2532


I don't know if you read your email so I am forwarding this to you.

---------------------- Forwarded by Hunter S Shively/HOU/ECT on 06/16/2000
01:20 PM ---------------------------

	Enron North America Corp.

	From:  Lynn Pikofsky @ ENRON                           06/16/2000 12:39 PM

To: Laura Luce/Corp/Enron@Enron, Gregg Penman/Corp/Enron@Enron, Tim
Hermann/Corp/Enron@ENRON, Barbara G Dillard/Corp/Enron@Enron, Cary M
Carrabine/Corp/Enron@Enron, Steve Richman/Corp/Enron@ENRON, Paul
Burgener/Corp/Enron@ENRON, Richard Tomaski/Corp/Enron@Enron, Kevin P
Radous/Corp/Enron@Enron, Russell E Murrell/Corp/Enron@Enron, Roy
Rodriguez/Corp/Enron@ENRON, Lee Fascetti/Corp/Enron@Enron, Jason
Williams/HOU/ECT@ECT, Hunter S Shively/HOU/ECT@ECT, Fletcher J
Sturm/HOU/ECT@ECT, w.morrow@pecorp.com, R.delara@pecorp.com,
d.wear@pecorp.com, m.ansari@pecorp.com, k.staszak@pecorp.com,
l.thomas@pecorp.com, J.slechta@pecorp.com, Julie A Gomez/HOU/ECT@ECT,
t.compton@pecorp.com
cc:
Subject: Vegas Offsite Update

Here is the attachment.

---------------------- Forwarded by Lynn Pikofsky/Corp/Enron on 06/16/2000
12:35 PM ---------------------------

	From:  Lynn Pikofsky                           06/16/2000 11:39 AM

To: Laura Luce/Corp/Enron@Enron, Gregg Penman/Corp/Enron@Enron, Tim
Hermann/Corp/Enron@ENRON, Barbara G Dillard/Corp/Enron@Enron, Cary M
Carrabine/Corp/Enron@Enron, Steve Richman/Corp/Enron@ENRON, Paul
Burgener/Corp/Enron@ENRON, Richard Tomaski/Corp/Enron@Enron, Kevin P
Radous/Corp/Enron@Enron, Russell E Murrell/Corp/Enron@Enron, Roy
Rodriguez/Corp/Enron@ENRON, Lee Fascetti/Corp/Enron@Enron, Jason
Williams/HOU/ECT@ECT, Hunter S Shively/HOU/ECT@ECT, Fletcher J
Sturm/HOU/ECT@ECT, w.morrow@pecorp.com, R.delara@pecorp.com,
d.wear@pecorp.com, B.hayes@pecorp.com, m.ansari@pecorp.com,
k.staszak@pecorp.com, l.thomas@pecorp.com, J.slechta@pecorp.com, Julie A
Gomez/HOU/ECT@ECT, t.compton@pecorp.com
cc:

Subject: Vegas Offsite Update

For your review, I have attached a list of individuals and the days they need
to arrive.  The first group arriving on Saturday will have the option of
playing golf or going to the spa.   They will begin their workshops on Sunday
morning and will be departing on Monday morning.   The group arriving on
Sunday will have the same option.  They will begin their workshops on Monday
morning and departing on Tuesday.

There is a Dinner on Sunday night at 8:30 for everyone to attend.

Please let me know if you will be travelling outside of these travel dates,
as well as if you are interested in Golf or the spa.

Thanks,
Lynn
(312) 541-1379


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 02/17/2000
07:59 AM ---------------------------

Paulo Issler
02/16/2000 04:04 PM
To: Vince J Kaminski/HOU/ECT@ECT, Stinson Gibner/HOU/ECT@ECT
cc:
Subject: LJM Update

Vince/Stinson:

I just came back from a meeting with Accounting (Ryan Siueck) and Credit (Rod
Nelson - works with Bill Bradford) in which we presented the two-factor model
for calculating credit loss on our LJM's position. Rod seemed positive with
the model conceptual approach. He will position Bill Bradford on that.
Accounting will have a meeting with AA to discuss the treatment on credit
reserves on this deal tomorrow 9:00 AM. They feel my participation is not
necessary.

At year-end the difference on both valuations - without and with credit risk
- indicates a credit loss of about 100 MM.

Paulo Issler


The Research Group is a unique and extraordinarily valuable organization for
Enron.  The success of the group has led to widespread recognition of Enron's
leadership in quantitative finance as it relates to the energy markets.
Therefore, it is with great mixed emotions that I announce my resignation as
I move on to the next phase of my career.

 I have enjoyed getting to work with each of you and wish you continued
success for the future.

Highest regards,
Kevin Kindall

PS:   Comments, question, and anecdotes will be addressed in Thursday's
meeting.
          Shirley will have my contact info.


Martin,

IT IS ABSOLUTELY URGENT. PLEASE GIVE THIS YOUR IMMEDIATE ATTENTION

We need the confirmations tomorrow in Houston. Koch is ready to close the
deal, but they have a few issues with legal and they need to see the confirms
to get comfortable with the docs. Needless to say, this deal is very
important for both us and them. This will be the first deal where two
corporates will be doing a bankruptcy swap instead of default swap on cash
settlement instead of physical delivery.  The only thing that is stopping us
from doing this deal is the documents. Please ask Paul Simon to expedite the
matter and get us the documents tomorrow so we can shoot them to Koch for
their review.

Thanks and Regards
Moazzam


Eugene Marangoni
2914 Begonia Street
Union City, CA 94587
eugenegarver_marangoni@yahoo.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,

Eugene Marangoni


FYI - Attached is the FERC order on rate caps.  The legislative subcommittee
has been tasked with reviewing this order and preparing a position.  The
subcommittee will provide feedback to the committee to that effect.

From: <rob_thormeyer@standardandpoors.com>
To: <brbarkovich@earthlink.net>
Subject: FERC order
Date: Thu, 26 Apr 2001 14:18:49 -0700
Message-ID: <200104261419.teh46m.9bi.37tiu0o@eagle>
MIME-Version: 1.0
Content-Type: multipart/mixed;
boundary="----=_NextPart_000_0021_01C0D23E.38400960"
X-Mailer: Microsoft Outlook IMO, Build 9.0.2416 (9.0.2911.0)
X-MimeOLE: Produced By Microsoft MimeOLE V5.00.2314.1300
X-Mozilla-Status2: 00000000

(See attached file: el00-952.doc)

 - el00-952.doc


TO:    MR. GERALD RAY NEMEC
FROM:  Membership and MCLE Departments of the State Bar of Texas

Congratulations! You have successfully registered for TexasBar Online
Services.

The State Bar of Texas is the first Bar organization in the country to
provide a full view of MCLE compliance information via the Internet. The
PIN number referenced below will allow you to review your current and past
MCLE compliance records.   This service may be used at any time to confirm
CLE credits for any compliance year, determine if MCLE requirements have
been met for the current year, and verify current and previous years, MCLE
compliance status.

Your PIN number is: 0670

This number will allow you to access your confidential MCLE compliance
records.   Please memorize or file this number in a secure place.   If you
forget or misplace this number, contact the Membership department at 1
(800) 204-2222, ext. 1383 for reassignment of a new PIN number.

To return to TexasBar Online to review your compliance record use the
following link:

http://www.texasbar.com/attyinfo/mcle/services.asp

The information contained in this message is intended only for use of the
individual or entity named above.  If the reader of this message is not
the intended recipient, or the employee or agent responsible to deliver it
to the intended recipient, you are hereby notified that any dissemination,
distribution or copying of this communication is strictly prohibited.  If
you have received this communication in error, please immediately notify
the Membership department at the number listed above.


Everything About Enron's Insurance Programs

That You Were Afraid To Ask

(or Didn't  Know to Ask)

Presented by
David Marshall
Enron Corporate Risk Management

Thursday, January 11, 2001
11:30 - 1:00

The Houston Room
601 Jefferson
(We've reserved the Enron Shuttle to transport the "non-walkers")

Lunch will be served.  Please RSVP to Pat Radford at 39282.

One of the goals of Jeff Hodge and Barbara Gray is to increase the level of
departmental information sharing activities.  Since we are faced on a daily
basis with insurance matters in contract drafting and client advising, the
East/Upstream Origination and Trading Group felt it would be productive to
have Enron's Corporate Risk Management Group give a presentation on current
Enron Insurance Programs, policies and contractual risk allocation
preferences.  It then occured to us that this subject might be of interest to
all of the lawyers on the 38th floor.   Please join us next Thursday.

Sorry for the inconvenient location.  We'll make it worth your while with the
quality of the food and the presentation.


-----Original Message-----
From: Ordway, Chris
Sent: Tuesday, November 27, 2001 7:56 AM
To: Boudreaux, Shanna; Garcia, Clarissa; Lamadrid, Victor; Townsend,
Judy; Versen, Victoria
Subject: FW: TE Critical System Warning

FYI...
Chris

-----Original Message-----
From: infopost@duke-energy.com [mailto:infopost@duke-energy.com]
Sent: Tuesday, November 27, 2001 12:00 AM
To: infopost@duke-energy.com
Subject: TE Critical System Warning

November 27, 2001

TEXAS EASTERN TRANSMISSION, LP (Texas Eastern) continues to operate
under the Critical System Warning issued November 26, 2001.  Based on
anticipated system operations and weather conditions, as stated below,
Texas Eastern is requiring that all customers take immediate and prompt
steps to eliminate excess receipts and conform scheduled receipts to
actual deliveries. This system-wide warning is issued as a result of
actual receipts into the system significantly exceeding actual
deliveries. This Critical System Warning shall remain in place until
further notice.

Weather in the market area continues to be unseasonably mild and
shippers have been filling contract storage inventories in anticipation
of the coming winter heating season.  At this time, Texas Eastern's
storage capacity is approximately 98% full.  As a result, there is
virtually no storage capacity or line pack available for system
operational purposes and Texas Eastern cannot continue to absorb actual
imbalances left on the system.

Due to the critical nature of this situation, and the fact that Texas
Eastern no longer has the ability to further absorb imbalances being
left on the system, Texas Eastern requests that all customers coordinate
with their suppliers the actual quantities received into the system
match actual customer takes in the market area.  No due pipe gas will be
accepted into the system until further notice.

If immediate action does not result in reducing the current volume of
gas being left on the system, Texas Eastern may be forced to issue an
operational flow order ("OFO") requiring actual receipts of gas to match
actual deliveries out of the system, which will be subject to the OFO
non-compliance penalty of $25 per dekatherm.  In addition, and as
provided for in Texas Eastern's FERC Gas Tariff, Texas Eastern will take
any other actions as may be necessary to protect the integrity of its
system, including, but not limited to, suspension of OBA's.

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

NOTE:

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


1.  The cc'd individuals shown above are to be cc'd on each e-mail communication relating to terminations by the counterparties shown below which have not yet terminated. Communication on termination notices coming in should be made as soon as possible after receipt from the counterparty. Please try to assure that any termination notices reaching the 6th floor credit war room are brought to you ASAP for review.  Starting today, those counterparties shown in red may be receiving performance from EPMI on any given day going forward.  To serve our commercial purposes, we are hoping to get the time beween receipt of wholesale power side terminations and their review and internal acknowledgment on your spreadsheet and among the referenced persons reduced to a maximum of 24 hours.

2.  I am confirming back to you that MidAmerican Energy Company has delivered to EPMI a 1-2-02 notice of termination, terminating effective 1-4-02 all wholesale power transactions under its Master Power Purchase & Sale Agreement with EPMI dated 11-13-01. Please reflect this on your next issued spreadsheet.

 -----Original Message-----
From: 	Portz, David
Sent:	Wednesday, January 02, 2002 10:01 AM
To:	Panus, Stephanie; Bailey, Susan
Cc:	Nettelton, Marcus; Sager, Elizabeth; Hansen, Leslie; Murphy, Harlan; Miller, Don (Asset Mktg); Presto, Kevin M.; Portz, David
Subject:	RE: EPMI List Non terminated parties
Importance:	High

Stephanie and Susan -- This remains a priority.  Please e-mail those persons identified above when a termination letter comes in from any of the below-listed East Power counterparties, and give a copy of the letter received to one of the listed power trading attorneys for immediate review.  Following a meeting this afternoon we will have a moire fully defined procedure and distribution list of names for communicating regarding the listed counterparties.  I will visit with you this morning so that we work out any questions you may have about this.  Thanks. --David

 -----Original Message-----
From: 	Portz, David
Sent:	Friday, December 21, 2001 11:30 AM
To:	Panus, Stephanie
Cc:	Nettelton, Marcus; Sager, Elizabeth; Hansen, Leslie; Murphy, Harlan
Subject:	RE: EPMI List Non terminated parties

Stephanie -- Please keep watch for termination letters coming in from any of these counterparties and make me aware immediately of anything received --also Elizabeth Sager, Marcus, Harlan and Leslie.  We may be resuming the scheduling of power with these counterparties but will not do so with a party that has terminated its enabling agreement(s) with EPMI.  Thanks.

Restore Service List     21 Dec. 01

AES New Energy
Alcoa Power Geenerating
Ameren  [Portz, David]  terminated by letter dated 12-18-01
BECO (Boston Electric)
Cargill Alliant LLC
Central Maine
Citizens Communications Co
CP&L (Carolina Power & Light)
DTE Energy Trading
Entergy Services
First Energy Solutions [Portz, David]   terminated effective 1- 2 -02 by letter dated 12-21-01
Green Mountain Power Corp.
GPU Service  [Portz, David]   terminated effective 1-21-02 by letter dated 12-21-01
HQ Energy Services (Hydro Quebec) [Portz, David]    terminated effective 1-1-02 by letter dated 12-18-01
IP&L (Indiana Power & Light)
LG&E (LG&E Energy Marketing)
Minnesota Power & Light
NIMO (Niagara Mohawk Energy
NSTAR Electric
OG&E (OGE Energy Resources)
Select Energy
Southern Illinois
Split Rock Energy
Taunton Municipal Light
TXU Energy Trading
UI (United Illuminating [Portz, David]  terminated by letter dated 12-21-01
VEPCO (Virginia Electric Power Co.)
Wisconsin Electric

 -----Original Message-----
From: 	Panus, Stephanie
Sent:	Friday, December 21, 2001 10:00 AM
To:	Portz, David; Nettelton, Marcus
Subject:	EPMI List

 << File: EPMI List.xls >>  << File: Letter Log 12-20.xls >>

Attached is a list of the EPMI terminations.  The 12-20 list may contain additional EPMI counterparties that have not yet been added to the Master List.


Dear FRANCISCO,

Your enrollment status has been changed from 'Enrolled' to
'Removed from course' for the following course:

Course Title    : Understanding Swaps
Course Code     : USWAPS-121301
Course Type     : Instructor Led Course

Starting Date   : Dec 13, 2001 8:00 AM
Ending Date     : Dec 14, 2001 5:00 PM

Thank you.


Start Date: 1/8/02; HourAhead hour: 20;  No ancillary schedules awarded.  Variances detected.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002010820.txt

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 20 / Preferred:  17.98 / Final:  17.95)
  TRANS_TYPE: FINAL
  LOAD_ID: PGE4
  MKT_TYPE: 2
  TRANS_DATE: 1/8/02
  SC_ID: ENRJ


FYI... Terri Austin tells me that none of her testing protocol engineers had
any additional comments on this one.

SP
---------------------- Forwarded by Stephen Plauche/Corp/Enron on 11/28/2000
12:21 PM ---------------------------

"Leo, Tony" <tleo@fce.com> on 11/22/2000 10:15:08 AM
To: "'Stephen.Plauche@enron.com'" <Stephen.Plauche@enron.com>
cc: Michael.D.Nanny@enron.com, Terri.Austin@enron.com, "Debs, Joseph"
<jdebs@fce.com>, "Nock, Herb" <HNock@FCE.com>, "Bentley, Chris"
<cbentley@fce.com>, "Levine, Ross" <rlevine@fce.com>

Subject: Test Protocol Rewrite

All
Attached is a rewrite of the acceptance test protocol, incorporating changes
made in last Thursday's conference call with Joe Debs, me, Scott, Terri,
Stephen, et al

Tony
 <<Acceptance and Performance Test - Fuel Cells - 5.doc>>

Anthony Leo
Director, Product Engineering
FuelCell Energy, Inc

This transmittal and its attached files (if any) may contain proprietary or
confidential information belonging to FuelCell Energy, Inc. If you are not
the intended recipient, you are hereby notified that you have received this
transmittal in error. Any review, disclosure, use, dissemination,
distribution or copying of this information is strictly prohibited. If you
suspect that you have received this communication in error, please notify us
immediately by telephone at 1-(203) 825-6000, or e-mail at jryan@fce.com and
immediately delete this message and all its attachments.

 - Acceptance and Performance Test - Fuel Cells - 5.doc


yes, i believe

 -----Original Message-----
From: 	Green, Michael
Sent:	Monday, May 06, 2002 8:57 AM
To:	Parks, Joe
Subject:	RE: PNL

Joe, didi this issuer get resolved?  If not, please let me know where you are off.

Thanks,
Mike Green

 -----Original Message-----
From: 	Parks, Joe
Sent:	Friday, May 03, 2002 7:03 AM
To:	Knoblauh, Jay; Green, Michael
Subject:	PNL

 << File: POSTION05_02.xls >>   The PnL Mike put together for the 5/02/02 didnt match my sheet.


Do you prefer that I take out the added language for future agreements?

 -----Original Message-----
From: 	Rapp, Bill
Sent:	Monday, November 26, 2001 4:44 PM
To:	McConnell, Mark
Subject:	RE: confidentiality agreement

Mark,

	This looks fine.

 -----Original Message-----
From: 	McConnell, Mark
Sent:	Monday, November 26, 2001 3:42 PM
To:	Rapp, Bill
Subject:	confidentiality agreement

Bill,

Attached is the confidentiality agreement that we are signing with Aquila.  It was originated out of our legal group but Aquila added:

	2. 	(iv)
	7.  	"for a period of two years."

I would like to use it for Reliant too.  Any problem with that?  Please let me know.

Mark

 << File: Aquila confident 11-01.doc >>

Mark McConnell
Transwestern Pipeline Company
713-345-7896   office
713-822-4862   cell
713-646-2551   fax
mark.mcconnell@enron.com


fyi
---------------------- Forwarded by Kay Mann/Corp/Enron on 08/18/2000 08:52
AM ---------------------------

"Duncan, Allyson" <aduncan@kilstock.com> on 08/17/2000 10:16:11 AM
To: "'Mann Kay'" <Kay.Mann@enron.com>, "'Keenan Jeffrey'"
<Jeffrey.M.Keenan@enron.com>, "'Chapman Tom'" <tom.chapman@enron.com>
cc: "'Mellencamp Lisa'" <lisa.mellencamp@enron.com>, "'Kroll Heather'"
<Heather.Kroll@enron.com>, "Fine, Jonathan" <JFine@kilstock.com>, "Grigg,
Mary" <mgrigg@kilstock.com>

Subject: FW: NCNG and Enron site

We had done a fair amount of research on the annexation issue which we have
suspended in light of the attached information recently received from Bill
Sherk and Steve Raper.  If NCNG concedes the right to serve, the only issue
is the tap.  That is an NCUC jurisdictional issue, and Bill is correct that
the Commission would have no sympathy if NCNG refused to work with Rocky
Mount on that point.

-----Original Message-----
From: Grigg, Mary
Sent: Thursday, August 17, 2000 10:26 AM
To: Duncan, Allyson; Fine, Jonathan
Subject: RE: NCNG and Enron site

Just spoke with Bill Sherk and he confirmed, almost verbatim, Steve Raper's
report.  According to Bill, George Baldwin, VP of Marketing, stated that
NCNG does not contest Rocky Mount's right to serve.

I asked Bill to desride the location of the site---Bill says the site is
less than 2 miles from Rocky Mount's incorporated limits. Rocky Mount will
own the site (thus, meeting the requirement of getting all landowners to
sign a petition for satellite annexation).  The site is outside the area
described in the service agreement with NCNG.

Bill said the remaining issue with NCNG is the necessary increased pressure.
Rob Shaw, NCNG, is checking with their operations to determine whether NCNG
can provide the necessary pressure.  Sherk's engineer states the NCNG "would
not have a leg to stand on" if they state they cannot provide adequate
pressure.  Rocky Mount would complain to the Commission and NCNG would "look
bad."  Rob Shaw is supposed to report back to Sherk today and he will let us
know NCNG's response immediately.

Thanks

-----Original Message-----
From: Duncan, Allyson
Sent: Thursday, August 17, 2000 9:49 AM
To: Fine, Jonathan; Grigg, Mary
Subject: FW: ncng and enron site

Interesting...

-----Original Message-----
From: Raper, Stephen [mailto:RAPER@ci.rocky-mount.nc.us]
Sent: Thursday, August 17, 2000 8:58 AM
To: 'jep rose'
Cc: 'fred turnage'; 'joe durham'; Kivett, Craig; Nixon, Nancy M.;
'allyson duncan'; Sherk, Bill
Subject: ncng and enron site

bill sherk met w/ ncng officials yesterday.  they indicated they felt the
city would have the right to serve the site and hinted they would not
contest.  however, they said they "had to check with their operations
people" to determine if their pipeline and system at that location would
support/provide the needed pressure and volume for the enron plant.  this
may be the 'catch' we all expect.  however, atleast they appear not to be
readying themselves for a legal fight over service.  bill will advise enron
of these latest developments..


Could I get an update on the status of the Trading Edge agreement ?

Thanks.

Mike
x39990


I think that's a great idea -- do you or Jeff have some language about the
offers that were put on the table in San Diego?  We ought to have that in our
back pocket anyway.

Susan J Mara
04/24/2001 02:20 PM
To: Mark Palmer/Corp/Enron@ENRON, Karen Denne/Corp/Enron@ENRON, Jeff
Dasovich/NA/Enron@Enron, James D Steffes/NA/Enron@Enron, Richard
Shapiro/NA/Enron@Enron, Paul Kaufman/PDX/ECT@ECT
cc:

Subject: LT Contracts:  A History of Inaction by the CPUC

Gang,

Can we put on the San Diego offer in about June of last year -- the part that
made it into the public domain via the STeve Peace leak?

Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854
----- Forwarded by Susan J Mara/NA/Enron on 04/24/2001 12:17 PM -----

	Jean Munoz <jmunoz@mcnallytemple.com>
	04/24/2001 12:56 PM

		 To: "'Andy Brown (E-mail)'" <ABB@eslawfirm.com>, "'B Brown Andy (E-mail)'"
<andybrwn@earthlink.net>, "'Baker Carolyn (E-mail)'"
<cabaker@duke-energy.com>, "'Bob Escalante (E-mail)'"
<rescalante@riobravo-gm.com>, "'Bob Weisenmiller (E-mail)'"
<rbw@mrwassoc.com>, "'Curtis Kebler (E-mail)'"
<curtis_l_kebler@reliantenergy.com>, "Dean. Nistetter (E-mail)"
<Dean.Nistetter@dynegy.com>, "'Douglas Kerner (E-mail)'" <DKK@eslawfirm.com>,
"'Greg Blue (E-mail)'" <gtbl@dynegy.com>, "'Jan Smutny-Jones (E-mail)'"
<smutny@iepa.com>, "'Jeff Dasovich (E-mail)'" <Jeff.Dasovich@enron.com>,
"'Joe Ronan (E-mail)'" <joer@calpine.com>, "'John Larrea (E-mail)'"
<john.g.larrea@williams.com>, "'Julee Malinowski-Ball (E-mail)'"
<jmball@ns.net>, "'Kassandra Gough (E-mail)'" <kgough@calpine.com>, "'kent
Palmerton (E-mail)'" <kent.palmerton@williams.com>, "'Lynn Lednicky
(E-mail)'" <lale@dynegy.com>, "Marie Moretti (E-mail 2)"
<mmoretti@mccabeandcompany.net>, "'Marty Wilson (E-mail)'"
<mwilson@pstrategies.com>, "'McNally Ray (E-mail)'"
<rmcnally@mcnallytemple.com>, "''Nam Nguyen' (E-mail)'"
<nam.nguyen@powersrc.com>, "'Norton Kelli (E-mail)'"
<knorton@mcnallytemple.com>, "'Paula Hall-Collins (E-mail)'"
<paula.hall-collins@williams.com>, "'Pigott Jack (E-mail)'"
<jackp@calpine.com>, "'Richard Hyde (E-mail)'" <rwhyde@duke-energy.com>,
"'Roger Pelote (E-mail)'" <roger.pelote@williams.com>, "'Stephanie-Newell
(E-mail)'" <stephanie-newell@reliantenergy.com>, "'Sue Mara (E-mail)'"
<smara@enron.com>, "'Tom Ross (E-mail)'" <tross@mcnallytemple.com>, "Tom
Williams (E-mail)" <tcwillia@duke-energy.com>, "'Alex Sugaoka (E-mail)'"
<alex.sugaoka@uaecorp.com>, "'Bill Carlson (E-mail)'"
<william_carlson@wastemanagement.com>, "'Bill Woods (E-mail)'"
<billw@calpine.com>, "'Bob Ellery (E-mail)'" <bellery@spi-ind.com>, "'Bob
Gates (E-mail)'" <bob.gates@enron.com>, "'Cody Carter (E-mail)'"
<cody.carter@williams.com>, "'Curt Hatton (E-mail)'"
<Curt.Hatton@gen.pge.com>, "'David Parquet'" <david.parquet@enron.com>,
"'Dean Gosselin (E-mail)'" <dean_gosselin@fpl.com>, "'Doug Fernley (E-mail)'"
<fernley.doug@epenergy.com>, "'Duane Nelsen (E-mail)'"
<dnelsen@gwfpower.com>, "'Ed Tomeo (E-mail)'" <ed.tomeo@uaecorp.com>,
"'Eileen Koch (E-mail)'" <eileenk@calpine.com>, "'Eric Eisenman (E-mail)'"
<eric.eisenman@gen.pge.com>, "'Frank DeRosa (E-mail)'"
<frank.derosa@gen.pge.com>, "Frazier Blaylock (E-mail)"
<frazier_blaylock@ogden-energy.com>, "'Hap Boyd (E-mail)'"
<Hap_Boyd@enron.com>, "'Hawks Jack (E-mail)'" <jack.hawks@gen.pge.com>, "'Jim
Willey (E-mail)'" <elliottsa@earthlink.net>, "'Joe Greco (E-mail)'"
<jgreco@caithnessenergy.com>, "'Jonathan Weisgall (E-mail)'"
<jweisgall@aol.com>, "'Kate Castillo (E-mail)'" <CCastillo@riobravo-gm.com>,
"'Kelly Lloyd (E-mail)'" <kellyl@enxco.com>, "'Ken Hoffman (E-mail)'"
<khoffman@caithnessenergy.com>, "'Kent Fickett (E-mail)'"
<kfickett@usgen.com>, "'Lynn Lednicky (E-mail)'"
<lynn.a.lednicky@dynegy.com>, "'Marty McFadden (E-mail)'"
<marty_mcfadden@ogden-energy.com>, "'Paula Soos'"
<paula_soos@ogden-energy.com>, "'Randy Hickok (E-mail)'"
<rjhickok@duke-energy.com>, "Rick S. Koebbe (E-mail)"
<rskoebbe@powerworksinc.com>, "'Rob Lamkin (E-mail)'"
<rllamkin@seiworldwide.com>, "'Ross Ain (E-mail)'" <ain@worldnet.att.net>,
"'Steve Iliff'" <siliff@riobravo-gm.com>, "'Steve Ponder (E-mail)'"
<steve_ponder@fpl.com>, "'Tony Wetzel (E-mail)'" <twetzel@thermoecotek.com>,
"'William Hall (E-mail)'" <wfhall2@duke-energy.com>,
<trusso@mcnallytemple.com>, <sadlersa@earthlink.net>, <mstultz@epsa.org>,
<rtemple@mcnallytemple.com>, <tracy.fairchild@edelman.com>,
<megan.beiser@edelman.com>, <deborah.fiorito@dynegy.com>, <lchurch@epsa.org>,
Katie Kaplan <kaplan@iepa.com>, <tcwillia@duke-energy.com>,
<rwhyde@duke-energy.com>, <tmcmorrow@manatt.com>,
<Suzy.L.Rodriguez@dynegy.com>
		 cc:
		 Subject: LT Contracts:  A History of Inaction by the CPUC

Attached is a history of inaction by the CPUC in regards to long-term
contracts. We are graphically portraying this as a timeline, incorporating
the quotes.

We would like to also incorporate any public long-term contract offers IEP
members made that utilities were not able to enter into because of the CPUC.
?This will once again help reinforce that IEP members are part of the
solution. ?

Please forward this information, or any other comments, to me or Katie by 8am
PST, Thursday April 26.

Please call if you have any questions.

Thanks,
Jean

--
Jean Munoz
McNally Temple Associates, Inc.
916-447-8186
916-447-6326 (fx)

 - Long Term Contract Timeline


Graduate Brothers,

      Once again Pig Dinner will be held April 13.  If you have an address change or know someone that does email me or Ryan Czir,  ryanczir@hotmail.com .
      Today we elected Brett Foltz graduate relations chair.  This is a newly created position in the house because the job used to fall under the pig chair.  So, if you have anything that you would like to see done please contact Brett at brettfoltz5@hotmail.com, or 785 395 0996 x 310.
      I am doing some revision of the graduate list serve.  If you know of anyone that wants to be added or subtracted please contact me.  Thanks.
Nick Seglie
Corresponding


I sure hope you're wrong LA!  I can't wait to get out of town.  I'll be back
in Sao Paulo soon. maybe late October. Regards.  Sara

"Miller, Allen" <Allen.Miller@chadbourne.com> on 09/28/99 08:00:06 AM
To: Sara Shackleton/HOU/ECT@ECT
cc:
Subject: LA/NY

Dear Sara,

Hope you have a terrible time in L.A.

Hope you come to NY soon.

Hope it's a long, complicated deal with lot's of derivatives stuff.

Hope I'm in town.

Best,

Allen

************************************************************
This e-mail, and any attachments thereto, is intended only for
use by the addressee(s) named herein and may contain legally
privileged and/or confidential information.
If you are not the intended recipient of this e-mail, you are
hereby notified that any dissemination, distribution or copying
of this e-mail, and any attachments thereto, is strictly prohibited.
If you have received this e-mail in error, please immediately
notify me by telephone and permanently delete the original and
any copy of any e-mail and any printout thereof.


See below comments from Casco.

----- Forwarded by Stephanie Panus/NA/Enron on 05/17/2001 01:39 PM -----

	"Tonon, Lina" <LTonon@osler.com>
	05/17/2001 01:30 PM

		 To: "'stephanie.panus@enron.com'" <stephanie.panus@enron.com>
		 cc: "'terry.gabriele@casco.ca'" <terry.gabriele@casco.ca>,
"'jack.jagdeo@casco.ca'" <jack.jagdeo@casco.ca>,
"'cheryl.beebe@cornproducts.com'" <cheryl.beebe@cornproducts.com>,
"'peter.johnson@cornproducts.com'" <peter.johnson@cornproducts.com>
		 Subject: ISDA Agreement between Enron Canada Corp. and CASCO Inc.

MESSAGE FROM STEVEN W. SMITH

Stephanie:

Russell Diamond has raised a number of issues on the ISDA Schedule with
Terry Gabrielle of Canada Starch.  I have discussed these issues with Mr.
Gabrielle and thought it would be helpful if I set out Canada Starch's
position on those issues.  You will appreciate that it is important to
Canada Starch that its ISDA Master Agreement and Schedule be consistent with
those utilized in the Corn Products International family of companies.
Accordingly, Canada Starch has very limited flexibility in moving away from
the standard form of Schedule prescribed by Corn Products International for
use by its subsidiary companies.

1.   CASCO has not defined a cross default amount
      CASCO is suggesting a Threshold Amount of Cdn.$10 Million.
2.   CASCO is requesting Market Quotation, as opposed to Market Loss
      We have reviewed the arguments for and against the use of
Market Quotation versus the use of "Loss" and CASCO is of the view that the
obtaining of Market Quotations from Reference Market-Makers is the more fair
method to use.  Accordingly, CASCO proposes to use Market Quotation, which
incidentally is the Corn Products International Standard provision.
3.   CASCO is not including additional cure language for Credit Event
Upon Merger
      The suggested "cure" language of Enron is not consistent
with the Corn Products International standard provision.  CASCO's view is
that Enron is free to offer these proposed solutions to CASCO in the event
of a Credit Event Upon Merger and CASCO will determine whether or not to
accept either of these "remedies" at that time.  CASCO is not prepared to
accept these remedies in advance of such Credit Event Upon Merger occurring.
4.   CASCO is restricting the ability to net payments to only
transactions of the same type
      CASCO is required to restrict netting on this basis because
it does not have the systems in place to net across transactions of
different types.
5.   Cross default - CASCO is requesting to aggregate defaults for
purposes of determining if the threshold has been exceeded
      CASCO's position is consistent with that provided in the
Corn Products International standard and we believe is a fair method by
which to deal with defaults which may individually be relatively minor in
nature but in the aggregate, exceed the Threshold Amount.
6.   CASCO is not accepting affiliate setoff
      Once again, affiliate setoff is not contemplated by the Corn
Products International standard agreement.  Moreover,  CASCO questions the
fairness of binding its affiliates to a setoff provision to which it might
not be aware.  Moreover, we have advised CASCO that the legal enforceability
of an affiliate setoff provision is questionable.
7.   CASCO, potentially, want to confirm physical transactions under the
ISDA
      We assume that you are referring to the section of Part 7
Commodity Transactions which contemplates physical settlement.  If that is
the case, CASCO has put forward this provision because it is consistent with
the Corn Products International standard.
8.   CASCO has not included transfer, applicable rate and limitation of
liability language in the schedule
      Each of these items were excluded because they are not
consistent with the Corn Products International standard.  With respect to
the transfer provisions, CASCO is of the view that it is prepared to
consider a transfer request from Enron once it knows the particular
circumstances of the transfer.  CASCO is not prepared to approve transfers
in advance of knowing the details, not withstanding the continued existence
of a guarantee.
      With respect to the change to Applicable Rate, as mentioned
above, this change is not part of the Corn Products International standard
and it is not clear to CASCO why this change should be made.
      With respect to the limitation of liability language, not
only is this section not consistent with the Corn Products International
standard, but it is also inconsistent with any other ISDA Master Agreement
entered into by CASCO.
9.   CASCO is not accepting the Credit Support Annex
      It is CASCO's understanding that the ISDA Master Agreement
between CASCO and Enron was meant to be based on the creditworthiness of
CASCO, without any Credit Support Annex or other form of Credit Support
Provider being involved (other than the guaranty of Canada Starch Operating
Company Inc.)  Accordingly, CASCO is not prepared to enter into a Credit
Support Annex.
10.   There seems to be concerns with Enron's $15MM Guaranty cap
      It is CASCO's understanding that the ISDA Master Agreement
is meant to be a foundation document for all future Transactions (as defined
in the ISDA Master Agreement) which occur between CASCO and Enron Canada
Corp.  Accordingly, it seems inconsistent to CASCO to place a limit on the
guaranty which Enron Corp. is prepared to provide.  Any such limit would
necessarily require CASCO to re-visit the guaranty and the appropriateness
of the limit before any subsequent transaction is entered into.  It is
CASCO's experience in other ISDA Master Agreements that the guarantees
provided by the Credit Support Provider of its counterparty are
unconditional as to both time and amount.
Stephanie, I hope the foregoing helps explain CASCO's position on the
various outstanding issues in the ISDA Schedule.  Taking into the account
the foregoing comments, I look forward to receiving your comments on the
draft Schedule which I forwarded to you on March 26, 2001.

Lina Tonon
Legal Assistant to Steven W. Smith
Osler, Hoskin & Harcourt LLP
Direct:  416-862-6610
Fax:     416-862-6666

**********************************************************************
This e-mail message is privileged, confidential and subject
to copyright. Any unauthorized use or disclosure is prohibited.

Ce message ,lectronique est privil,gi,, confidentiel et soumis
. des droits d'auteur.  Il est interdit de l'utiliser ou de le
divulguer sans autorisation.
**********************************************************************


Dave Neubauer & Kent Miller will be in Houston
Review 2002 Commercial Margins, O&M and Capital Budgets.  Margins will be first on the agenda.  Lunch will be provided.  Please send me a list of others whom you wish to attend so we can get them on the lunch list.
John Keiser & Tracy Gecccone attending.  Tracy extended invite to Eric Gadd on 7/27.

8/9 - Eric Gadd will have to leave meeting at 12:00ish. Arrange Agenda accordingly to cover Eric's area before departure.  Note to Tracy Geaccone.
8/14 - Email announcement for Enron All-Employee meeting at 10:00, potential conflict?
8/14 - As per Tracy Geaccone, this is your meeting and Stan is not attending.  It is your meeting and up to you if you wish to reschedule.
8/14 - Danny advised that the meeting will proceed but, break at 10:00 to attend the Enron All-Employee meeting and reconvene at 11:00. Lunch to be delivered at 11:30/11:45 Tracy to arrange Agenda accordingly.