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NFL Reports, Player Updates
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Latest NFL Player News

Michael Vick <http://football222.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2950&key=235253&>, QB ATL - Free Agent Updated 11/16/01
Vick will return to his backup role this weekend against Green Bay. He may see some playing time in certain situations, but he's not worth starting on your Fantasy team.

Terance Mathis <http://football222.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2950&key=1189&>, WR ATL - Frank Updated 11/16/01
Mathis has done nothing this season in Atlanta, making him virtaully worthless to Fantasy owners. If you've still got him in a deeper league, continue to sit Mathis until he shows he's worth a starting n! od! .

Reggie Kelly <http://football222.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2950&key=133334&>, TE ATL - Free Agent Updated 11/16/01
Kelly is doubtful for Sunday'a game against Green Bay due to a knee injury. He'll be replaced by Alge Crumpler, who may take over the starting job from Kelly from this point on.

Tony Martin <http://football222.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2950&key=1282&>, WR ATL - Free Agent Updated 11/16/01
Martin hasn't been a reliable Fantasy player this season, and things won't change this weekend against Green Bay. The Packers sport a very tough pass defense, so starting Martin isn't advisable.

Olandis Gary <http://football222.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2950&key=133291&>, RB DEN - Frank Updated 11/15/01
According to published reports, Gary may get consideration for a starting spor this week. The Broncos have apparently lost some faith in Mike Anderson.

Emmitt Smith <http://football222.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2950&key=1094&>, RB DAL - Bass/Hull Updated 11/15/01
According to published reports, Smith returned to practice on Thursday. There is still no offical word on hsi status for Sunday's game.

James Stewart <http://football222.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2950&key=1116&>, RB! D! ET - Hunter Updated 11/15/01
Stewart (ankle) did not practice again on Thursday. He may miss Sunday's game against the Cardinals.

Edgerrin James <http://football222.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2950&key=133320&>, RB IND - JWillie Updated 11/15/01
According to published reports, it has been confirmed that James will miss the rest of the season with a knee injury. He will need surgery to repair a torn ACL. Dominic Rhodes will start at RB for the rest of the year, and Kevin McDougal should be his backup.

Jeff Graham <http://football222.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2950&key=1264&>, WR SD - Free Agent Updated 11/15/01
Graham may post good numbers at Oakland. San Diego will look to the air often if the Raiders concentrate on stopping the run.

LaDainian Tomlinson <http://football222.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2950&key=235249&>, RB SD - Hunter Updated 11/15/01
Tomlinson may have a disappointing outing this week. Oakland's defense will be fired up to stuff the run after a very poor performance at Seattle.

Jerry Rice <http://football222.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2950&key=1291&>, WR OAK - Neal/McKay Updated 11/15/01
Rice has not helped his Fantasy owners much in recent weeks. But he is still worth a start against the inconsistent San Diego secondary.

Tim Brown, WR OAK - Martin Updated 11/15/01
Brown should have another good game this week. He always seems to play his best in intradivisional matchups.

Charlie Garner <http://football222.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2950&key=1149&>, RB OAK - Russell Updated 11/15/01
Don't expect good numbers from Garner this week. A returning Tyrone Wheatley will steal some of his carries against the tough San Diego run defense.

Tyrone Wheatley <http://football222.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2950&key=1140&>, RB OAK - Giggles Updated 11/15! /0! 1
Wheatley is now listed as probable for Sunday's game against San Diego. He is a risky start because of his recent inactivity and the strength of the San Diego defense.

Rich Gannon <http://football222.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2950&key=1034&>, QB OAK - Martin Updated 11/15/01
Gannon should rebound from a quiet week. Expect good numbers in an important home game with San Diego.

Olandis Gary <http://football222.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2950&key=133291&>, RB DEN - Frank Updated 11/15/01
Gary was inactive for the last two games, but he will now see carries again because Terrell Davis is injured. He still may not play e! no! ugh to help most Fantasy teams.

Desmond Clark <http://football222.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2950&key=133250&>, TE DEN - Free Agent Updated 11/15/01
Clark will continue to get regular looks from Brian Griese. The Denver QB will now lean heavily on his TEs, because injuries and other factors have crippled the Broncos at wideout.

Dwayne Carswell <http://football222.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2950&key=1328&>, TE DEN - Free Agent Updated 11/15/01
Expect Carswell to be a regular target for Brian Griese this week. Injuries at WR will make the Denver TEs more important in the passing game.

Donovan McNabb <http://football222.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2950&key=133361&>, QB PHI - Russell Updated 11/15/01
McNabb had a huge game against Minnesota last weekend, and should have more success on Sunday at Dallas. He's a top-notch Fantasy quarterback worthy of a weekly spot in your starting lineup.

Freddie Mitchell <http://football222.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2950&key=235231&>, WR PHI - Free Agent Updated 11/15/01
Mitchell sprained his ankle last Sunday, but is expected to play this weekend against Dallas. He may emerge as Philadelphia's No. 2 receiver with a few more good outings, and is worth stashing away on your roster.

Keith Poole <http://football2! 22! .fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2950&key=1779&>, WR DEN - Free Agent Updated 11/15/01
Poole may see a lot of action at wideout for the Broncos this week. Injuries have hit Denver hard, possibly pressing Poole into extra playing time. He has never been a reliable Fantasy wideout in the past, so don't use Poole until he proves he can be a factor in Denver's passing game.

Todd Pinkston <http://football222.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2950&key=187621&>, WR PHI - Hunter Updated 11/15/01
Pinkston has fallen out of favor with Fantasy owners after a strong start to the season. Unless you play in a deeper Fantasy league, Pinkston isn't even worth a roster spot at this point.
Chad Lewis <http://football222.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2950&key=1755&>, TE PHI - Free Agent Updated 11/15/01
Lewis had a subpar game against Minnesota last week, but he's still one of the better tight ends in the league. He had two touchdowns against Dallas earlier in the year, and is worth starting in Week 10.

James Thrash <http://football222.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2950&key=1859&>, WR PHI - Frank Updated 11/15/01
Thrash has caught four touchdown passes in his last two games, and is worth starting this week against Dallas. He may be inconsistent at times, but when Thrash is good, he is capable of putting up solid Fantasy numbers.

Brian Griese <http://foot! ba! ll222.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2950&key=12409&>, QB DEN - Matty Updated 11/15/01
Griese's stats may be mediocre this week. The Broncos have been hurt by injuries at wideout, and Griese may have trouble finding open receivers downfield.

Joey Galloway <http://football222.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2950&key=1286&>, WR DAL - Free Agent Updated 11/15/01
Galloway was terrible last week against Atlanta, mostly because of Ryan Leaf's inability to get the ball downfield effectively. Unless you play in a deeper league, Galloway isn't worth starting in Week 10.

Jackie Harris <http://football222.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2950&key=1368&>, TE DAL - Free Agent Updated 11/15/01
Harris had two catches for eight yards and a touchdown last weekend, but he's been unreliable overall. Unless you play in a deeper Fantasy league, Harris isn't worth a roster spot.

Darrell Jackson <http://football222.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2950&key=187568&>, WR SEA - Hunter Updated 11/15/01
Jackson has performed well this season, and he is a good start again this week. Expect him to challenge the Buffalo secondary throughout the day.

Raghib Ismail <http://football222.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random! =2! 950&key=1201&>, WR DAL - Free Agent Updated 11/15/01
Ismail has been Dallas' most reliable reciever this season, which isn't saying much. Unless you play in a very deep league, the "Rocket" is better left on the waiver wire.

Shaun Alexander <http://football222.fantasy.sportsline.com/mp/elink?script=players&league=bige01&owner=14696.2&random=2950&key=187382&>, RB SEA - JWillie Updated 11/15/01
Alexander should have another standout game at Buffalo. It is doubtful the Bills' defense will be able to handle him, and he should be good for 100-plus yards and at least one TD.

More Updates <http://football222.fantasy.sportsline.com/mp/elink?script=pro-player-updates&league=bige01&owner=14696.2&random=2950&start=30&>
NFL Reports, Transactions
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11/16
Oakland Raiders <http://football222.fantasy.sportsline.com/mp/elink?script=pro-summary&league=bige01&owner=14696.2&random=2950&pro_team=21&>
Placed quarterback Bobby Hoying <http://football222.fantasy.sportsline.com/mp/players?league=bige01&owner=14696.2&key=1417> on the injured reserve list with an injured right shoulder; signed cornerback James Hasty.

Detroit Fury (Arena)
Signed fullback-linebacker Derric Coakley.

11/15
Denver Broncos <http://football222.fantasy.sportsline.com/mp/elink?script=pro-summary&league=bige01&owner=14696.2&random=2950&pro_team=9&>
Released wide receiver Eddie Kennison <http://football222.fantasy.sportsline.com/mp/players?league=bige01&owner=14696.2&key=1296>; signed wide receiver Phil McGeoghan <http://football222.fantasy.sportsline.com/mp/players?league=bige01&owner=14696.2&key=237158> from the practice squad; re-signed wide receiver Richard Hall to the practice squad.

Green Bay Packers <http://football222.fantasy.sportsline.com/mp/elink?script=pro-summary&league=bige01&owner=14696.2&random=2950&pro_team=11&>
Signed free agent kicker James Tuthill <http://football222.fantasy.sportsline.com/mp/players?league=bige01&owner=14696.2&key=196689>.

San Diego Chargers <http://football222.fantasy.sportsline.com/mp/elink?script=pro-summary&league=bige01&owner=14696.2&random=2950&pro_team=24&>
Signed kick returner Glyn Milburn <http://football222.fantasy.sportsline.com/mp/players?league=bige01&owner=14696.2&key=1221>.

New Jersey Gladiators (Arena)
Signed wide receiver-defensive back Dennison Robinson to a three-year contract.

Toronto Phantoms (Arena)
Named Rick Frazier assistant head coach and defensive coordinator.

11/14
Chicago Bears <http://football222.fantasy.sportsline.com/mp/elink?script=pro-summary&league=bige01&owner=14696.2&random=2950&pro_team=6&>
Signed wide receiver Ramondo North to the practice squad.

Dallas Cowboys <http://football222.fantasy.sportsline.com/mp/elink?script=pro-summary&league=bige01&owner=14696.2&random=2950&pro_team=8&>
Placed kicker Tim Seder <http://football222.fantasy.sportsline.com/mp/players?league=bige01&owner=14696.2&key=196725> on injured reserve with a sprained right ankle; signed kicker Jon Hilbert <http://football222.fantasy.sportsline.com/mp/players?league=bige01&owner=14696.2&key=195687>.

Detroit Lions <http://football222.fantasy.sportsline.com/mp/elink?script=pro-summary&league=bige01&owner=14696.2&random=2950&pro_team=10&>
Signed tight end John Waerig <http://football222.fantasy.sportsline.com/mp/players?league=bige01&owner=14696.2&key=192423> from the practice squad.

San Diego Chargers <http://football222.fantasy.sportsline.com/mp/elink?script=pro-summary&league=bige01&owner=14696.2&random=2950&pro_team=24&>
Signed wide receiver Patrick Batteaux and tight end Adam Young <http://football222.fantasy.sportsline.com/mp/players?league=bige01&owner=14696.2&key=196731>; placed linebacker Carlos Polik on injured reserve and added running back Mukala Sikyala <http://football222.fantasy.sportsline.com/mp/players?league=bige01&owner=14696.2&key=237259> to the practice squad.

Carolina Cobras (Arena)
Re-signed lineman Voncellius Allen.

Chicago Rush (Arena)
Signed wide receiver-defensive back Lindsay Fleshman.

11/13
Detroit Lions <http://football222.fantasy.sportsline.com/mp/elink?script=pro-summary&league=bige01&owner=14696.2&random=2950&pro_team=10&>
Released tight end Pete Mitchell <http://football222.fantasy.sportsline.com/mp/players?league=bige01&owner=14696.2&key=1338>.

Green Bay Packers <http://football222.fantasy.sportsline.com/mp/elink?script=pro-summary&league=bige01&owner=14696.2&random=2950&pro_team=11&>
Waived defensive back Keith Thibodeaux.

New York Giants <http://football222.fantasy.sportsline.com/mp/elink?script=pro-summary&league=bige01&owner=14696.2&random=2950&pro_team=19&>
Signed punter Gabe Lindstrom.

San Diego Chargers <http://football222.fantasy.sportsline.com/mp/elink?script=pro-summary&league=bige01&owner=14696.2&random=2950&pro_team=24&>
released wide receiver Reggie Jones <http://football222.fantasy.sportsline.com/mp/players?league=bige01&owner=14696.2&key=1517>.

Hamilton Tiger-Cats (CFL)
Signed wide receiver Andrew Grigg to a one-year contract extension.

New Jersey Gladiators (Arena)
Traded offensive-defensive lineman Rondel Marsh to the Tampa Bay Storm for offensive safety James Bowden.

11/12
St. Louis Rams <http://football222.fantasy.sportsline.com/mp/elink?script=pro-summary&league=bige01&owner=14696.2&random=2950&pro_team=26&>
Signed linebacker O.J. Brigance to the active roster; placed wide receiver Damon Griffin <http://football222.fantasy.sportsline.com/mp/players?league=bige01&owner=14696.2&key=146327> on the reserve-injured list.

11/10
Cincinnati Bengals <http://football222.fantasy.sportsline.com/mp/elink?script=pro-summary&league=bige01&owner=14696.2&random=2950&pro_team=7&>
Placed cornerback Tom Carter on injured reserve; signed cornerback Kevin Kaesvirhan from the practice squad.

Transactions, View
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Schedule, Breakdown
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Frank
Player	Pos	Points
Favre, Brett <http://football222.fantasy.sportsline.com/mp/elink?script=/mp/players&league=bige01&owner=14696.2&random=2950&key=1028&week=09&>	QB	19.0
Dillon, Corey <http://football222.fantasy.sportsline.com/mp/elink?script=/mp/players&league=bige01&owner=14696.2&random=2950&key=1681&week=09&>	RB	12.0
Smith, Maurice <http://football222.fantasy.sportsline.com/mp/elink?script=/mp/players&league=bige01&owner=14696.2&random=2950&key=188183&week=09&>	RB	14.0
Bruce, Isaac <http://football222.fantasy.sportsline.com/mp/elink?script=/mp/players&league=bige01&owner=14696.2&random=2950&key=1294&week=09&>	WR	9.0
Smith, Jimmy <http://football222.fantasy.sportsline.com/mp/elink?script=/mp/players&league=bige01&owner=14696.2&random=2950&key=1236&week=09&>	WR	12.0
Thrash, James <http://football222.fantasy.sportsline.com/mp/elink?script=/mp/players&league=bige01&owner=14696.2&random=2950&key=1859&week=09&>	WR	18.0
Akers, David <http://football222.fantasy.sportsline.com/mp/elink?script=/mp/players&league=bige01&owner=14696.2&random=2950&key=1666&week=09&>	K	12.0
Titans <http://football222.fantasy.sportsline.com/mp/elink?script=/mp/players&league=bige01&owner=14696.2&random=2950&key=29&week=09&>	DT	10.0
  <http://images.commissioner.com/images/dot_clear.gif>
TOTAL	 	106.0
  <http://images.commissioner.com/images/dot_clear.gif>
Plummer, Jake <http://football222.fantasy.sportsline.com/mp/elink?script=/mp/players&league=bige01&owner=14696.2&random=2950&key=1003&week=09&>	QB	10.0
Levens, Dorsey <http://football222.fantasy.sportsline.com/mp/elink?script=/mp/players&league=bige01&owner=14696.2&random=2950&key=1107&week=09&>	RB	0.0
Gary, Olandis <http://football222.fantasy.sportsline.com/mp/elink?script=/mp/players&league=bige01&owner=14696.2&random=2950&key=133291&week=09&>	RB	0.0
Hearst, Garrison <http://football222.fantasy.sportsline.com/mp/elink?script=/mp/players&league=bige01&owner=14696.2&random=2950&key=1164&week=09&>	RB	15.0
Mathis, Terance <http://football222.fantasy.sportsline.com/mp/elink?script=/mp/players&league=bige01&owner=14696.2&random=2950&key=1189&week=09&>	WR	0.0
Schroeder, Bill <http://football222.fantasy.sportsline.com/mp/elink?script=/mp/players&league=bige01&owner=14696.2&random=2950&key=1593&week=09&>	WR	16.0

  <http://images.commissioner.com/images/dot_clear.gif>	at Matty
Player	Pos	Points
Griese, Brian <http://football222.fantasy.sportsline.com/mp/elink?script=/mp/players&league=bige01&owner=14696.2&random=2950&key=12409&week=09&>	QB	21.0
Faulk, Marshall <http://football222.fantasy.sportsline.com/mp/elink?script=/mp/players&league=bige01&owner=14696.2&random=2950&key=1109&week=09&>	RB	31.0
Pittman, Michael <http://football222.fantasy.sportsline.com/mp/elink?script=/mp/players&league=bige01&owner=14696.2&random=2950&key=12623&week=09&>	RB	5.0
Gadsden, Oronde <http://football222.fantasy.sportsline.com/mp/elink?script=/mp/players&league=bige01&owner=14696.2&random=2950&key=1612&week=09&>	WR	7.0
Horn, Joe <http://football222.fantasy.sportsline.com/mp/elink?script=/mp/players&league=bige01&owner=14696.2&random=2950&key=1511&week=09&>	WR	21.0
Smith, Rod <http://football222.fantasy.sportsline.com/mp/elink?script=/mp/players&league=bige01&owner=14696.2&random=2950&key=1220&week=09&>	WR	7.0
Janikowski, Sebastian <http://football222.fantasy.sportsline.com/mp/elink?script=/mp/players&league=bige01&owner=14696.2&random=2950&key=187389&week=09&>	K	11.0
Giants <http://football222.fantasy.sportsline.com/mp/elink?script=/mp/players&league=bige01&owner=14696.2&random=2950&key=19&week=09&>	DT	13.0
  <http://images.commissioner.com/images/dot_clear.gif>
TOTAL	 	116.0
  <http://images.commissioner.com/images/dot_clear.gif>
Glenn, Terry <http://football222.fantasy.sportsline.com/mp/elink?script=/mp/players&league=bige01&owner=14696.2&random=2950&key=1254&week=09&>	WR	0.0
Wycheck, Frank <http://football222.fantasy.sportsline.com/mp/elink?script=/mp/players&league=bige01&owner=14696.2&random=2950&key=1372&week=09&>	TE	1.0
Brooks, Aaron <http://football222.fantasy.sportsline.com/mp/elink?script=/mp/players&league=bige01&owner=14696.2&random=2950&key=133233&week=09&>	QB	27.0
Chapman, Doug <http://football222.fantasy.sportsline.com/mp/elink?script=/mp/players&league=bige01&owner=14696.2&random=2950&key=187510&week=09&>	RB	5.0
Johnson, Brad <http://football222.fantasy.sportsline.com/mp/elink?script=/mp/players&league=bige01&owner=14696.2&random=2950&key=1039&week=09&>	QB	13.0
Stokes, J.J. <http://football222.fantasy.sportsline.com/mp/elink?script=/mp/players&league=bige01&owner=14696.2&random=2950&key=1292&week=09&>	WR	0.0

  <http://football222.fantasy.sportsline.com/mp/open_gif?splnid=30e6a654ca37f8af&league=bige01&owner=14696.2&email=9eb4d4d2e1a3f856124cc184ab07d1f73a5c23d37e8f491a&sport=football&vend=CBS%20SportsLine.com&product=mgmt&time=20011116&type=ereport&random=2950>
  _____

Copyright 2001 Commissioner.COM Inc and SportsLine.com Inc.
Your site can be reached from <http://fantasy.sportsline.com>

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---------------------- Forwarded by Phillip M Love/HOU/ECT on 01/25/2001
03:35 PM ---------------------------

	From:  Julie Ferrara                           01/25/2001 03:13 PM

To: Phillip M Love/HOU/ECT@ECT
cc:
Subject: Re: EOL Gas Prices

Phillip,
The Price Report file will display the information in the same columns as it
does on the site, so the format  should be the same.  I don't think it is a
problem to get it to the O:/ drive by 2:30.  The price reports will start
going to the folder on Monday, February 5.

To make things easier for now, is there a folder that you already have access
to on the O:/ drive that we can have this file sent to everyday?  Please let
me know when you get a chance, so we can get that folder name into the
scripts.

Thanks.
Julie
3-4890

Phillip M Love
01/23/2001 03:52 PM
To: Julie Ferrara/HOU/ECT@ECT
cc:
Subject: Re: EOL Gas Prices

Thanks for your help.  This sounds like a good fit for us.  The only issues I
have or need addressed is for this file to have the same name and have the
curves in the same cells so that we can just link to the file in our curve
file.  The other concern is that the data be there by 2:30 p.m.
everyday(prices for the next gas day).  Thanks so much for your help.
PL


Enron talking points....

Factors Leading to Higher Natural Gas Prices this Winter

? Demand for natural gas has increased mainly due to consumption in the power
generation market and strength of the manufacturing sector in a booming
economy.

? Natural gas production and drilling has fallen off since 1998 due to low
prices that reached far below $2 per MMBtu.  In 2000, deliverability
utilization will be over 95 percent.

? While drilling activity has risen sharply (as much as 50% from last year),
the production from this increased drilling activity typically is not
available for several months.  According to the AGA, supply production
continues to run 16% below last year's levels.

? The past three winters have been "warmer than normal" winters in the
Midwest and much of the United States and Canada, artificially masking the
usual consumption of natural gas under "normal" weather situations.

? Very warm weather during this summer has caused a significant demand
increase for natural gas in the electricity generation sector thereby
competing for gas storage injections in the marketplace and driving prices
upward.

? U.S. storage inventory levels are lower than historical average levels from
the past six years, according to the AGA.  The cost of storage inventory at
this summer's strong prices could eliminate the price advantage traditionally
experienced in the winter.

? Other heating fuels like propane and heating oil are also showing
significantly higher prices and potentially lower stocks this winter than
last.


Did you hear me ask and the response?  We are having the lunch today.

 -----Original Message-----
From: 	Jones, Tana
Sent:	Thursday, August 02, 2001 10:24 AM
To:	Heard, Marie
Subject:	RE: Lunch

I don't have it on my calendar, do we?

 -----Original Message-----
From: 	Heard, Marie
Sent:	Thursday, August 02, 2001 10:15 AM
To:	Jones, Tana
Subject:	RE: Lunch

Don't we have our paralegal lunch today?

 -----Original Message-----
From: 	Jones, Tana
Sent:	Thursday, August 02, 2001 10:14 AM
To:	Heard, Marie
Subject:	Lunch

Do you want to go to the Taqueria today so we can got to the Chocolate Bar afterwards?


Jim,

Attached is Enron's response to your Request for Natural Gas Supply Proposals.    If you have any questions or comments, please contact me at 713-853-0685.

Thank you for your consideration.

Sincerely,

Kim Ward
Manager, West Gas Origination


---------------------- Forwarded by Mark Palmer/Corp/Enron on 07/27/2000
07:53 AM ---------------------------

Patrick Conner@ECT
07/25/2000 12:19 PM
To: Chip Schneider/NA/Enron@Enron, Mark Palmer/Corp/Enron@ENRON
cc:

Subject: Draft Board Presentation for Summer


Susan:  The two above-mentioned projects are in the process of being
unwound.  The only confirm and the Master Swap Agreement for each are being
TERMINATED.  Will you please continue to follow up with Brenda Funk (in the
capital mgmt. group with Scott Sefton and Gareth Bahlman) to get copies of
the "Swap Termination Agreement" for each and then enter the info into Lotus
Notes.  Thanks.  Sara


Attached is a summary of the PJM RTO order.  While it is somewhat lengthy,
the order has a lot of good information in it that I wanted to share with the
group, particularly the Commission's statements regarding the existing
configuration of the northeast and the need to expand it.

We are working on summaries of the New York and New England RTO orders and
will have those out shortly.  If you would like copies of the orders, just
let us know.

We expect the mediation proceeding to begin within the next week.  We will
keep you updated.

Sarah


Please see attached!


Vikas:  We can do this -- just have Todd call me with the deal number and we
can book a pass through deal.

Errol, X5-8274

Vikas Dwivedi
12/13/2000 09:23 AM
To: Sherry Dawson/NA/Enron@Enron, Errol McLaughlin/Corp/Enron@ENRON
cc:

Subject: EES Request

Guys:  Do you know where we came out on our ability to do this?

Thanks, Vikas
---------------------- Forwarded by Vikas Dwivedi/NA/Enron on 12/13/2000
09:22 AM ---------------------------

Vikas Dwivedi
12/07/2000 09:57 AM
To: Sherry Dawson/NA/Enron@Enron, Errol McLaughlin/Corp/Enron@ENRON
cc:

Subject: EES Request

Sherry/Errol:

I just got a request from Todd Lambert at EES to retroactively do a trade for
expired months.  The details are:

EES sold NYMEX gas contracts to a customer named Springs Industry for futures
months October, November, and December 2000.

However they were not supposed to sell to the customer directly at that
point.  He wants to know if we can work out a deal where he instead sold
those contracts to us and then have us sell to the customer.

There would be no net position and we would just serve as a pass through for
their deal.

I'll come by later today to see if we can do it.

Vikas


i don't kiss and tell


I think it would be a good idea to get together.  I would include Eric Thode
as he has been living through the PR battles on a daily basis.

James D Steffes
05/30/2001 08:31 PM
To: Steven J Kean/NA/Enron@Enron
cc: Richard Shapiro/NA/Enron@Enron, Michael Terraso/OTS/Enron@ENRON, Kelly
Kimberly/Enron Communications@Enron Communications

Subject: Bahamas LNG

Steve --

In a discussion today with Mike, Kelly, etc., it was apparent that the Public
Affairs team viewed the Bahamas LNG transaction quite cautiously.  Given the
recent issues power plant development has had in Florida (big political
fights that are going the wrong way), I was wondering if it made sense to
bring together a meeting of all of Public Affairs and the deal team to
analyze the implications of our development plans.  My primary worry is that
P/L under water could have severe ecological implications that are not being
internalized into the transaction.

I would like to try and arrange a meeting to (1) ensure Public Affairs
coordination and (2) understand the deal impacts better.

Please advise if I'm worrying for no good reason.

Jim


We received the executed EEI Master Power Purchase and Sale Agreement dated 7/26/01 from the referenced CP.  A copy will be scanned into Livelink.


Upon further review of previous recommendations to install recycle and cooling at CS P-2 to provide greater turndown, it has been determined that the P-2 turbine has too much horsepower and has single stage wheeling that would not allow turndown less than its current minimum capacity of about 125 MMcfd.  Previous attempts by Operations to turndown the P-2 unit using the surge valve for recycle allowed approximately 100 MMcfd before reaching high discharge temperature, but high suction pressures were available from P-1 compression in a north flow scenario.

Volume analysis over the past year to date indicated volumes through P-3 of 100 MMcfd; thus, with 150 MMcfd proposed to be scheduled through the NNG Gray I/C, a balance of 50 MMcfd would have to flow south to P-2.  Throughput analyses were based upon needing to have P-2 turned down to a volume of at least 50 MMcfd.  Additionally, P-2 throughput analyses considered available pressures that would be available on NNG's KB line.  KB line pressures can be expected to get as low as 600 psig; therefore, pressure drop from the NNG Gray I/C to P-2 suction would yield P-2 suction pressures between 570 to 550 psig for low volumes of 50 to 80 MMcfd, respectively.  Required discharge pressures at these volumes would be 850 to 885 psig.  The P-2 single wheel stage will not handle a differential pressure of 270 to 335 psig.  P-2 is designed to handle differential pressures of 180-190 psig.

Re-wheeling the P-2 unit (3 stage) is not a viable option due to the operational flexibility that would be required to maintain Panhandle Lateral certificate capacity of 250 MMcfd.

Due to the pressure spreads that would be required to meet low flow demands, consideration was given to add additional reciprocating horsepower at P-2 to handle low flow demands without P-1 online.  50 MMcfd throughput at P-2 would require 1200 HP and 80 MMcfd would require 2100 HP at pressure differentials of 270 and 335 psig, respectively.  The cost of adding horsepower and piping modifications at P-2 is not a feasible option for accommodating NNG-Gray volumes.  Also new air emissions permitting and regulatory filing would be a greater concern compared to installing a new line as follows.

The most viable option would be to install a new tap on the KB Line closer to P-3, install approximately 1.75 miles of 16" from tap to P-3, and modify station yard piping for various control configurations.  The existing NNG-Gray measurement and control facilities would be relocated to the end of the new lateral and located inside P-3 plant boundaries.   This new tap, lateral and meter relocation option would provide the following benefits:
1.	Receipt of 150-175 MMcfd
2.	Greater operational flexibility utilizing NNG/TW synergies
3.	Long-term operational reliability
4.	Greater horsepower utilization at single location
5.	Guarantee of receipt capacity from NNG regardless of low KB line pressure
6.	Possibility of free-flow capacity from NNG not requiring P-3 compression during winter times with NNG Pampa on-line, which could be possible at high or 	low flow conditions depending on TW pressures at Roswell (Sta. 9)
7.	Fractional increase of O&M expenses at P-3 compared to higher O&M expenses of adding horsepower at P-2

A level "A" cost estimate for installing a new tap on the KB Line closer to P-3, installing approximately 1.75 miles of 16" from tap to P-3, and modifying station yard piping for various control configurations would be $1,300,000.  Due to the complexity of configurations that P-3 is already capable of and introducing a new stream with various flow paths that may become possible, a field visit to the proposed construction sites would be recommended prior to submitting a Level "B" or "C" release.  See attached sketch for general route information proposed.

Moreover, the relocation of the NNG interconnect and installing the new lateral should create the opportunity for greater receipt volumes from NNG considering larger pipe and expanded I/C facilities because P-3 has plenty of available horsepower to utilize.  Actual conditions were provided by Operations from dates in the past where P-3 was actually compressing 370 MMcfd w/ units 3,4 & 5, Ps-599psig/Pd-874psig; also 265 MMcfd w/ units 2 & 5, Ps-540 psig/Pd-844 psig.  Depending on NNG conditions greater volumes than 150 MMcfd may be realized into TW having 250 MMcfd flowing south and additional volumes available to flow to Red Deer, Lefors and Cactus Laterals if needed.

I will be attending an offsite ETS Planning & Power Services department conference on Wednesday and Thursday.  Perhaps on Friday or early next week we should convene for further discussions via conference call with all interested parties call for direction of this proposal.  I will be checking my voice mail periodically for any comments and will call back during breaks if possible.  You may also send a text message to my pager at 8777270018@skytel.com.  EF 713/853-3395

Special thanks to Mansoor, Earl and Tony for your help with this matter!


OK.  See you at 7 PM.

-----Original Message-----
From: John.Arnold@enron.com [mailto:John.Arnold@enron.com]
Sent: Monday, October 15, 2001 6:34 AM
To: Bob Shiring
Subject: RE: wednesday

How about 7:00

    -----Original Message-----
   From:   "Bob Shiring" <Bob.Shiring@rweamericas.com>@ENRON
   Sent:   Monday, October 15, 2001 8:09 AM
   To:     Arnold, John
   Cc:     Randy Aucoin
   Subject:  wednesday

   See you wednesday at Sambuca.  What time?  Randy Aucoin will be
joining
   us.  Really look forward to seeing you.

   Bob

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


Many changes.


Pursuant to the various discussions over the past few days, attached please
find the following documents which have been blacklined to show the
revisions:
1. EEI Cover Sheet:

a. I have made most of the changes suggested in Gayle's fax of 11/29 except
that the definition of Performance Assurance needs to stay as it is given
that it does not only mean the Escrowed Funds (for instance, in the event of
Downgrade Event with respect to Enron Corp., EPMI would have to post
Performance Assurance). We have also not amended the last line of Section 5.5
since, among other things, the two amendments taken together would mean that
in the event of a dispute, the Non-Defaulting Party would be limited to
receiving only what is in the Escrow Fund. First, that would not work if we
were the Defaulting Party and secondly, we believe that the Non-Defaulting
Party should receive an amount equal to the Termination Payment.

Also, with respect to Section 5.5, Tracy Ngo was willing to extend the
Defaulting Party's response time from two days to five days, but not all the
way out to ten days.

b. Pages 1-2 still need to have information filled in by Black Hills.

2. Confirmation: I have incorporated the modifications John suggested
regarding Black Hills supplying Energy from an alternative source. I have
also made a few minor typographical changes. In addition, the Confirmation
contains revised Escrow language which reflects the recent discussions
between Richard, Tracy and John.

I will be happy to incorporate the Escrow language in the La Salle Bank
Escrow Agreement once someone from Black Hills lets me know that the Escrow
language is acceptable as written.

Thank you,

Shari Stack
Enron North America, Legal Department
Tel: (713) 853-9477


----- Forwarded by Richard B Sanders/HOU/ECT on 09/25/2000 11:25 AM -----

	David W Delainey
	09/25/2000 10:23 AM

		 To: Mitch Robinson/Corp/Enron@Enron, Kevin M Presto/HOU/ECT@ECT, Mike J
Miller/HOU/ECT@ECT, Robert P Virgo/HOU/ECT@ECT
		 cc: Mark E Haedicke/HOU/ECT@ECT, Richard B Sanders/HOU/ECT@ECT
		 Subject: Power Systems

Guys, Power Systems has given me a proposal to replace the New Albany and
Doyle 7B burners.  This could possibly have two benefits:
 a) elimination of the possibly tainted equipment given current patent issues
they are having with GE and
 b) apparently the newer technology significantly reduces the Nox emission
correlating into increased operating hours.

I need two things to determine if we want to move forward:
 a) Mark we need to be bullet proof on the patent (or lack thereof) issues on
the new equipment and that it would protect us from further exposure and
 b) Mitch, Kevin, Mike and Bob, I need your technical and commercial opinions
on the merits of this proposal (ie) do you as a team support this proposal?

I believe the timing on this is rather short. Please get back to me at your
earliest convenience. I will forward a copy of the proposal to each of you.

Regards
Delainey


Thanks

Sherry Dawson
04/25/2001 10:28 AM
To: Errol McLaughlin/Corp/Enron@ENRON
cc:

Subject: April Overage

The overage for April is completed.  The only variance we had was
w/counterpartie's.
Thanks Again


As a follow-up to the Enron Net Works All Employee meeting on October 5, we are pleased to announce a number of organizational changes.

Beth Perlman, currently CIO for EA Systems, will work closely with Mark Pickering on a number of key projects for Enron Net Works.  Additionally, Beth plans to explore various commercial opportunities within Enron.  Replacing Beth in her current role will be Steve Hotte, currently CIO for EGS.

Anthony Dayao will continue as CIO for EES Systems.  In addition to his current responsibilities, Anthony will assume responsibility for creating a combined Wholesale/Retail Power Trading and Risk Management system.

Jeff Johnson will move into the new role of CIO for EGM/EIM Systems.

John Paskin will transfer to the Houston office from London to take up the new role of CIO for Corporate Systems. His group will include the ISC, Enterprise Portal, Intranet Solutions, CRM strategy, Treasury Systems, Development Support and will matrix into HR IT Systems.

Continuing in their current positions are Inja Chun, CIO for EBS Systems; Paul Freeman, CIO for Enron Europe; Jay Webb, CIO for eCommerce, which now includes Commodity Logic Systems; and Jenny Rub, CIO for Infrastructure.

All of the above positions report into to Mark Pickering in the Office of the Chairman for Enron Net Works.  Transitions into their new positions will begin within the next two weeks and should be complete by the end of the year.

We are currently interviewing individuals to serve as CIO for EGS, as well as an individual to serve as head of our Enterprise Framework group.  We will keep you posted on the progress of these searches.

Please join us in congratulating all of these individuals on their new responsibilities.


FYI, here is my email address.  If you like, you can copy it into your
directory for future use.   I am also located in the ECT address book, under
Legal Temp 1.  I realize it is difficult to find my information on the
system; I am not located in peoplefinder.  If you should need further
information, feel free to call me at 5-3317.  Thanks, Keegan


Shijie,

We would like you to meet tomorrow morning, starting at 9:00,  with a few
members of the
group. Around 11:15 we shall go to lunch (myself, Stinson Gibner and Zimin
Lu).
At 1:00 we would like you to make a presentation to the Research Group on the
topic
of your choice. After 2:30 we shall continue with individual meetings.

We shall give you an agenda with the names and times when you arrive.

You can come to the lobby of the Enron building (1400 Smith)
between 8:30 and 9:00 and call me (3-3848) or my assistant,
Shirley Crenshaw (3-5290), to be admitted to the building.
We are on the 19th floor.

Look forward to meeting you.

Vince Kaminski

Shijie Deng <deng@isye.gatech.edu> on 07/27/2000 10:10:03 AM
To: Shirley.Crenshaw@enron.com
cc: Vince Kaminski <Vince.J.Kaminski@enron.com>
Subject: Re: Visit to Houston and Vince Kaminski's Research Group

Hi Shirley,

An overhead would be good.  Thanks.
BTW, is there happen to be an agenda for my visit?  Thank you.

Shijie

Shi-Jie Deng
Assistant Professor
School of ISyE
Georgia Institute of Technology

Office Phone: (404) 894-6519
E-mail:       deng@isye.gatech.edu
Home page:    http://www.isye.gatech.edu/~deng

On Fri, 7 Jul 2000 Shirley.Crenshaw@enron.com wrote:

>
> Shijie:
>
> Thanks for the information.
>
> Please let me know if you need av equipment, i.e., LCD projector, overhead
> projector, etc.
>
> Thanks!
>
> Shirley
>
>
>
>
>
>
>
>
>
> Shijie Deng <deng@isye.gatech.edu> on 07/03/2000 11:40:05 AM
>
> To:   Shirley.Crenshaw@enron.com
> cc:   Vince Kaminski <Vince.J.Kaminski@enron.com>
> Subject:  Re: Visit to Houston and Vince Kaminski's Research Group
>
>
>
> Shirley,
>
> I just booked my flights and the hotel.  I'll be arriving Houston on
> the evening of 7/27 and leaving on 7/29.  I'll stay at the Doubletree
> Houston Allen Center for two nights.  Looking forward to meeting you at
> Enron.
>
> Regards,
>
> Shijie
>
> Shi-Jie Deng
> Assistant Professor
> School of ISyE
> Georgia Institute of Technology
>
> Office Phone: (404) 894-6519
> E-mail:       deng@isye.gatech.edu
> Home page:    http://www.isye.gatech.edu/~deng
>
>
>
>
>
>
>


Per Chris' memo below, it appears to me the question we need to be asking is
this:
Was this contract number from CES (columbia gulf k#64502) valued in the
original deal?  Originally Chris was told that this contract was a volumetric
FT contract, when in fact it is a 100% demand charge contract.  Since it is a
deal tied to the Devon production, I don't know how (or if) it was valued by
us.  Theoretically, we could have taken the difference between the max IT
rate (which is what we get to deduct from the producers' price) and the
amount of the demand + variable cost of the FT contract and MTM'd $$$.   Did
we do this?   If we did, then I believe we have a true up issue with CES.  If
we did not value anything, then I think we are O.K.

Please advise.

Chris Germany
03/21/2000 02:40 PM
To: Scott Goodell/Corp/Enron@ENRON, Colleen Sullivan/HOU/ECT@ECT, Mark
Breese/HOU/ECT@ECT
cc:
Subject: CES Capacity Issues

I will be emailing all of you with any capacity issues I find.

CGLF k#64502 ;  This is an offshore FTS2 contract that we use with the West
Cam Devon production.  The demand charge is $1.4381 on a volume of 29,000 dts
and the commodity is $.0024.  According to my notes; this is a volumetric
demand contract and the volumetric demand charge in my sheet is $.0648

I am changing this to a regular demand charge contract in Sitara and the
worksheet.

Comments/Questions?


ATTORNEY-CLIENT PRIVILEDGE -- PREPARED FOR FERC SETTLEMENT DISCUSSIONS

Here are my comments -- it looks pretty good.  I was hampered by not knowing
the objective of the piece.  I made changes to fix inaccuracies or
inferences.  I also have notes/comments/rationales shown in boldface.

Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854


Hey its worth more than two cents, and I hear you exactly.  We will be busy
tonight, that is for sure!!!

-----Original Message-----
From: Jeff.Dasovich@enron.com [mailto:Jeff.Dasovich@enron.com]
Sent: Wednesday, January 03, 2001 4:52 PM
To: Kari Dohn
Subject: RE: Additional Materials

It's hard to disagree with the fact that 1) the utilities are the ones that
cut the deal they're living with and 2) they took all of the "stranded
cost" money that consumers paid them and invested it in other states and
countries.

But you can only buy for 10 cents and sell for 5 cents for so long before
creditors turn off the spigot.  Difficult to see how the spigot stays on
with the draft decision issued today.  (See story attached, below.)

With bankruptcy, the only one making any decisions is the judge, and while
some see benefits to that, seems to us that from a political, financial and
commercial perspective, bankruptcy creates many more problems than it
solves.

That said, we're extremely sensitive to the politics of rate increases.
But if the increases are subject to refund, then decision makers can buy
themselves some time by erring just slightly to the high side of a rate
increase, which could fend off the ratings agencies and provide additional
opportunity over the next 90 days or so to scrutinize the utilities claims
and come up with comprehensive solutions to the bigger problems.

Well, you got my two cents.  Sorry about that.

Best,
Jeff
****************************************************************************
**********************

Late afternoon 1/3/01 news:

USA: Calif utility ratings may fall too far on 7-15 pct hike.
By Jonathan Stempel

01/03/2001
Reuters English News Service
(C) Reuters Limited 2001.

NEW YORK, Jan 3 (Reuters) - Bankruptcy may loom and the credit ratings of
the two largest California electric utilities will likely fall too far if
that state's Public Utilities Commission awards them an interim rate hike
of 7 to 15 percent, analysts said Wednesday.

In a draft decision on Wednesday, the CPUC proposed an immediate hike of 9
percent for residential customers of Pacific Gas & Electric Co. and
Southern California Edison, and hikes of seven to 15 percent for various
business customers.

The CPUC commission is expected to issue a final decision on Thursday.

"It forces the utilities and their creditors to be limbo dancers, and
skilled limbo dancers at that," said Shawn Burke, head of U.S.
investment-grade research at Barclays Capital.

PG&E and SCE had requested respective rate increases of 26 percent and 30
percent, a hike that would help them avoid imminent bankruptcy.

The utilities have also asked the regulators to remove a freeze on retail
rates imposed under California's 1996 law that deregulated the state's
electricity market.

On a day when most stocks roared ahead after the Federal Reserve announced
surprise interest rate cuts, investors beat down the stocks of Pacific
G&E's parent, San Francisco-based PG&E Corp. , and SoCal Edison's parent,
Edison International .

PG&E shares closed Wednesday on the New York Stock Exchange at $17, down
$2-9/16, or 13.1 percent, while Edison International shares closed at
$12-1/4, down $2-3/4, or 18.3 percent, on the Big Board.

Bond quotations were not immediately available for the utilities' bonds,
which in recent weeks have traded like junk.

Pacific G&E and SoCal Edison were banking on a big rate hike to allow them
to pass on some of their soaring wholesale power costs to consumers.

The utilities, which operate under a rate freeze, have accumulated more
than $8 billion in unrecovered costs since wholesale power prices started
skyrocketing last summer amid a worsening electricity shortage in the
state. They claim they are running out of money due to the price freeze,
and have billions of dollars of bills coming due in the next six weeks.

Central to their concerns is whether credit rating agencies Moody's
Investors Service and Standard & Poor's will cut their medium investment
grades to junk status.

"No one knows for sure, but if we consider the average rate hike is only
about 10 percent, it will be difficult for the companies to maintain
investment-grade ratings," said Dorothea Matthews, a fixed-income electric
utilities analyst for Deutsche Banc Alex. Brown.

The utilities have already been unable to tap short-term capital markets
because of their precarious financial state.

Downgrades to junk, which the agencies have already threatened, would
cement the door shut to these markets, and cause the utilities to default
on some of their loans.

Late Wednesday, PG&E Chief Executive Gordon Smith said the commission's
proposed hikes could jeopardize his utility's future loans.

Even a downgrade to the lowest investment grades - "Baa3" for long-term
debt and "Prime-3" for short-term debt from Moody's, and "BBB-minus" and
"A3" from S&P - would make the going very difficult for the utilities. The
reason: short-term debt markets are often closed to companies with those
ratings.

"Unless this process allows the rating agencies to keep 'A2/P2' ratings on
the short-term debt of both companies, then this process has largely been a
waste of everyone's time," said Burke.

Still, he said, "there is a reasonable chance, despite today's weak
recommendation, that the situation can be salvaged with mid-'triple-B'
ratings, which would allow a lifeline to conventional sources of
liquidity."

Moody's and S&P were not available for comment.

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

Kari Dohn

<Kari.Dohn@GO        To:     "'Jeff.Dasovich@enron.com'"

V.CA.GOV>            <Jeff.Dasovich@enron.com>

cc:

01/03/2001           Subject:     RE: Additional
Materials
06:30 PM

thank you so much.  so the news aint great for utilities?

-----Original Message-----
From: Jeff.Dasovich@enron.com [mailto:Jeff.Dasovich@enron.com]
Sent: Wednesday, January 03, 2001 2:14 PM
To: Kari Dohn
Subject: Additional Materials

Greetings Kari:

Forgive the delay.  Much going on today, PUC draft decision in particular.
The draft does not look promising for the utilities' financial position.

Attached are our comments on the Governor's Proposals and some more detail
on the demand-reduction proposal.  We continue to work on the Nord Pool
research for you and will turn that around as quickly as we can.

Again, don't hesitate to contact me if there's anything else I can help
with, or if there's anything else that you need. (415.782.7822)

Best,
Jeff

(See attached file: Comments on Governor's Proposals 010301 .doc)(See
attached file: Demand buy-down proposal.doc)


FYI
---------------------- Forwarded by Steven Harris/ET&S/Enron on 06/14/2000
08:21 AM ---------------------------

Sarabeth Smith
06/13/2000 04:36 PM
To: Mike McGowan/ET&S/Enron@ENRON, John Goodpasture/OTS/Enron@ENRON, Steven
Harris/ET&S/Enron@ENRON, Dave Neubauer/ET&S/Enron@ENRON, Rockey
Storie/ET&S/Enron@ENRON, John Dushinske/ET&S/Enron@ENRON, Kent
Miller/ET&S/Enron@ENRON, Robert Hayes/FGT/Enron@ENRON, Robert
Hill/NPNG/Enron@ENRON, Lorna Brennan/ET&S/Enron@ENRON, Steve
Klimesh/ET&S/Enron@ENRON, Kristen Hand/ET&S/Enron@ENRON, Kimberly
Watson/ET&S/Enron@ENRON, Martha Janousek/ET&S/Enron@ENRON, Vasant
Shanbhogue/HOU/ECT@ECT, Clayton Vernon/Corp/Enron@ENRON, Michael
Ratner/OTS/Enron
cc:

Subject: Reminder: WEFA Meeting Tomorrow Morning, June 14th at 9:30am in
Video Conference Centers

Attached below are the files forwarded by WEFA for the Short Term Gas Outlook
that will be presented at tomorrow morning's meeting.  The meeting will be
held in the video conference centers in Houston (49C2) and Omaha on the 7th
floor from 9:30am until 10:30am tomorrow morning.
You or your representatives are welcome to attend.
If you have any questions, please do not hesitate to call me at X37973 in
Houston.
Sincerely,
Sarabeth Smith

---------------------- Forwarded by Sarabeth Smith/ET&S/Enron on 06/13/2000
04:30 PM ---------------------------

"Denhardt, Ron" <ron.denhardt@wefa.com> on 06/12/2000 03:59:07 PM
To: sarabeth.smith@enron.com
cc:

Subject: WEFA Short Term Outlook

Hi Sarabeth:

At Peter's request I am sending you a copy of our most recent short term
outlook and a presentation on the short term outlook.  I will send a copy of
our long term presentation in a separate email.  Please feel free to pick
and choose what you would like me to talk about.  The material is clearly
too much to discuss in the hour we have.

I look forward to meeting with you.

Best Regards,

Ron Denhardt
Vice President
Energy Services
WEFA, Inc.
34 Crosby Drive
Bedford, MA 01730
Tel: 781 685 5442
Fax: 781 280 5052
 <<NGM0500.pdf>>  <<Houston_sterm.zip>>  <<Houston_sterm.PDF>>
Ron Denhardt
Vice President
Energy Services
WEFA, Inc.
34 Crosby Drive
Bedford, MA 01730
Tel: 781 685 5442
Fax: 781 280 5052

 - NGM0500.pdf
 - Houston_sterm.zip
 - Houston_sterm.PDF


Kevin,

I think it's very important.
It is important that our work area looks neat.

Vince

Kevin G Moore
02/28/2000 11:01 AM
To: Shirley Crenshaw/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT, Mike A
Roberts/HOU/ECT@ECT
cc:
Subject: Research Group

Hello Vince ,
Vince , before I get with Delores on the matter of the
department I wanted to ask you how important it
 that we get the walls repaired ?
Is the Research Department satisfactory or is
there anything else that i can do ?

                         Thanks
                        Kevin Moore


Start Date: 3/30/01; HourAhead hour: 19;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001033019.txt


JCharlton@nyiso.com writes to the NYISO_TECH_EXCHANGE Discussion List:

JCharlton@nyiso.com writes to the NYISO_TECH_EXCHANGE Discussion List:

ISO-NE has a filing pending at FERC to eliminate their ability to recall
energy from Resources selling ICAP into NY.  If FERC approves the filing,
the ISO will accept up to 350 MW of ICAP from the ISO-NE control area,
subject to the maximum 2558 MW of Installed Capacity located outside the
NYCA in accordance with Attachment B of the Installed Capacity Manual.
Installed Capacity in this context will be in the form of the ICAP
equivalent of the qualified Unforced Capacity (UCAP) sold, consistent with
the ICAP equivalent calculations in Attachment J of the ICAP Manual.

ISO-NE has requested an effective date for its filing of October 22 so FERC
is not expected to approve the ISO-NE tariff changes before then. The next
ICAP Supplier and LSE certifications are due to the NYISO on October 23.
The deficiency auction is scheduled on October 25. In accordance with the
last paragraph of Section 4.9.3 of the ICAP Manual, the ISO plans to open
the period for requesting such rights at 8:00 a.m. on October 18 and close
the request period at 5:00 p.m on October 22. This request period is
conditioned on a timely approval of the elimination of
recall rights by ISO-NE.

Resources located in New England (as well as PJM or HQ) that want to
qualify as ICAP Suppliers in New York must comply with the equirements set
forth in Sections 4.2, 4.3, 4.4 and 4.9 of the ICAP Manual. The NYISO
encourages Resources to submit DMNC test results, Operating Data and other
required information as soon as possible to allow their participation in
the ICAP market if and when the Commission approves the elimination of the
recall procedures in New England.


George,Eric and Loftus,

I think we should start with a simple storage model using the monte carlo simulation.  Here is the way I think about the value.  If I have a storage deal where I can inject baseload April-Oct and withdraw baseload Nov-Mar, that means I have a summer winter spread.  If I go one step further and say that I can inject any 1 month and withdraw any 1 month then I have an option with intrinsic and extrinsic value.  The intrinsic value is the largest spread of months (pv'd).  The extrinsic value is the value that is obtained through rolling your hedges with other months get cheaper and more expensive than the hedged month.

Example:

Injection season - April through October baseload any 1 month
Withdrawal season - Novemberr through October baseload any 1 month

	Month		Price		Vol
	April		3.09		45%
	May		3.11		40.75%
	June		3.154		38.25%
	July		3.204		38%
	August		3.249		38%
	September	3.25		38%
	October		3.265		37.5%

	November	3.42		37.5%
	December	3.59		37.5%
	January		3.68		37.5%
	February	3.565		36%
	March		3.446		34.25%

Excluding pv issues, the value of this storage should be $3.68-$3.09=$.59 plus some extrinsic value.  What is the extrinsic value?  I think we should simulate prices for each month using the current implied vol and also some correlation from a correlation matrix that we build.  Then with these simulations we calculate how much we would have made rolling hedges between now and the end of storage and the average of these simulations is the extrinsic value, right?

Is this logical?  Am I being too simplistic?  Please let me know and maybe we can start with a model to price this.

George why don't you start with a model that simply simulates price for the months and let me know what you need in order to do this.  I think that the simulation is similar to a VAR calculation (vols and correlation ...)

Thanks.

John


Attached is the final notification report for October 2000.  The additions
since the preliminary report have been highlighted.  Name overlays and
corrections have all been made in GCP.  The shortname changes will be made
tomorrow afternoon, Tue.,  Oct. 24.

Records will be inactivated on ll/1/00.

Please call me if you have any questions or concerns.

Thanks,
Cheryl x 3-3103


Meeting with Janet Dietrich, Dave Fairley, Billy Lemmons, Jeff Hodge
regarding Duke L & G