PG&E want to fight the TURN accounting as it, basically, wiped out hopes of
collecting their undercollected amount from a regulatory accounting
perspective.   The company has said they need to keep the old accounting
convention alive, as it would bolster their chance for recovery in the
litigation on the just and reasonable argument in Federal District Court.

 -----Original Message-----
From:  Frank, Robert
Sent: Thursday, May 24, 2001 9:50 AM
To: Tribolet, Michael; Sanders, Richard
Subject: PG&E Action before Bankruptcy Court

Can either of you help me get Jim an answer?
---------------------- Forwarded by Robert Frank/NA/Enron on 05/24/2001 09:49
AM ---------------------------

James D Steffes
05/24/2001 09:20 AM
To: Robert Frank/NA/Enron@Enron
cc:

Subject: PG&E Action before Bankruptcy Court

Bob --

Monday, May 14 PG&E asked the Court to stay the PUC's March 27 Order on
accounting procedures.  Where is this going?  This would be very bad.

Jim


BLOOMBERG
All O.k.

PREBON WEST
All o.k.

AMEREX WEST
All o.k.


Mario,

Yes, we should be ready to go, although the law firm we are using in Japan
(Baker & McKenzie in Tokyo) have indicated that they still have a few open
issues to follow-up on.

Baker & McKenzie have concluded that where an Enron non-Tokyo trading office
receives a payment on a swap from a Japanese counterparty, that payment
should not be subject to Japanese income tax or withholding tax.  Further,
they have advised that consumption tax (Japan's 5% VAT) should not apply to
financial transactions, although Japanese counterparties acquiring physical
product for delivery in Japan would be subject to the 5% consumption tax.

Baker & McKenzie have advised that they need to do some follow-up work with
respect to payments from options and from physical contracts as well as some
further checking on the tax treaties that Japan has with the countries where
our non-Japan trading offices are located.  I expect to have their response
shortly.

One issue that we are currently pursuing is the Japanese tax consequences of
the Enron Japan trading office providing services that benefit the other
Enron trading offices.  In this case, it may be appropriate for Enron Japan
to receive a service fee for such services.  I am in the process of
determining to what extent Enron Japan would be providing services.

Please let me know if you have any questions or need any additional
information.  I will let you know of any additional developments as soon as
they occur.

Best regards,
Susan

Mario Parra Cardoso@ENRON
05/01/2000 02:50 PM
To: Susan Musch/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Jeff Blumenthal/HOU/ECT@ECT, Stephen H Douglas/HOU/ECT@ECT, David
Forster/Corp/Enron@Enron

Subject: Re: Japan, Argentina and Brazil

Susan,

Following up on David's email, I understand we are ready to go, right?

Mario
---------------------- Forwarded by Mario Parra Cardoso/Corp/Enron on
05/01/2000 02:39 PM ---------------------------

David Forster
04/27/2000 06:28 PM
To: Susan Musch/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Mario Parra Cardoso/Corp/Enron@Enron, Jeff Blumenthal/HOU/ECT@ECT,
Stephen H Douglas/HOU/ECT@ECT

Subject: Re: Japan, Argentina and Brazil

Mario is away until next week.

The Japanese could trade with any Enron office which is posting commodities
on EnronOnline - but are most likely to be interested primarily in the
products posted by Singapore (global products), as it provides the best
timezone overlap. Both physical and financial are possible, but none of the
physical delivery locations on EnronOnline are currently in Japan.

Dave

Susan Musch@ENRON_DEVELOPMENT
04/27/2000 12:38 PM
To: Mario Parra Cardoso/Corp/Enron@ENRON
cc: Jeff Blumenthal/HOU/ECT@ECT@ENRON, Stephen H Douglas/HOU/ECT@ECT@ENRON,
David Forster/Corp/Enron@Enron

Subject: Re: Japan, Argentina and Brazil

Mario,

Thanks for your e-mail.  I wanted to follow up on one more point just to make
sure we have everything covered for May 1st.  Do we expect the Japanese to do
online trading with the other Enron trading offices?  If so, which offices
would they be trading with and what kind of products would be traded?  For
example, would there be physical settlement (or delivery) of product in Japan
to the Japanese customers or would there be only financial derivatives traded?

I really appreciate your help on this.

Best regards,
Susan

Mario Parra Cardoso@ENRON
04/27/2000 10:55 AM
To: Susan Musch/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Jeff Blumenthal/HOU/ECT@ECT, Stephen H Douglas/HOU/ECT@ECT, David
Forster/Corp/Enron@Enron

Subject: Re: Japan, Argentina and Brazil

Susan,

Your understanding is correct.

Thanks,

Mario Parra Cardoso
EnronOnline

Susan Musch@ENRON_DEVELOPMENT
04/27/2000 10:46 AM
To: Mario Parra Cardoso/Corp/Enron@ENRON
cc: Jeff Blumenthal/HOU/ECT@ECT@ENRON, Stephen H Douglas/HOU/ECT@ECT@ENRON

Subject: Re: Japan, Argentina and Brazil

I have a conference call set up with our Japanese tax counsel this evening
(Thursday evening Houston time).  After the call, I should be able to confirm
that there are no major Japanese tax issues once our Japan office commences
trading with Japanese counterparties through Enron Online.

However, I understand that initially, the Japan Online implementation will
only entail Japanese counterparties trading internationally (e.g. trading
non-Japanese products).  Based on this assumption, I think we're okay for
Monday from a Japanese trading office perspective.  Please let me know if my
understanding is incorrect.

Best regards,
Susan

Mario Parra Cardoso@ENRON
04/26/2000 03:34 PM
To: Jeff Blumenthal/HOU/ECT@ECT
cc: Susan Musch/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Stephen H
Douglas/HOU/ECT@ECT

Subject: Re: Japan, Argentina and Brazil

Jeff,

The marketing material is on its way to Tokyo. This Friday it is expected to
be sent to clients.

As you can see, time is something that we don't have. Could you please let us
know if we are OK to go with the Japanese launch?

Thanks,

Mario

---------------------- Forwarded by Mario Parra Cardoso/Corp/Enron on
04/26/2000 03:27 PM ---------------------------

Mario Parra Cardoso
04/19/2000 03:30 PM
To: Jeff Blumenthal/HOU/ECT@ECT
cc: Susan Musch/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT@ECT, Stephen H
Douglas/HOU/ECT@ECT

Subject: Re: Japan, Argentina and Brazil

Jeff,

You are right. For the launch of EnronOnline in Japan, local clients will be
offered the ability to trade existing EOL products. Japanese products will be
offered in  the future.

Please be advised, though, that Singapore products are likely to be added to
EnronOnline before the Japanese launch. We expect Japanese clients to trade
Singapore products, in addition to the ones currently available.

Thanks,

Mario

Jeff Blumenthal@ECT
04/19/2000 03:18 PM
To: Mario Parra Cardoso/Corp/Enron@ENRON
cc: Susan Musch/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Stephen H
Douglas/HOU/ECT@ECT

Subject: Re: Japan, Argentina and Brazil

Mario,

We have begun discussions with a Tokyo law firm regarding the various
Japanese tax issues related to EnronOnLine.  In that vein, can you please
clarify whether ENA will be offering certain Japanese counterparties the
ability to trade existing EOL products (i.e., products that are not
Japanese-based) and that such offering will commence in May, 2000, while no
Japanese products will be offered until sometime in the future?

If you would, please reply to all listed above so that we can hold
discussions this evening with out Japanese tax advisors.

Thanks for your help, and best regards,

Jeff

Mario Parra Cardoso@ENRON
04/19/2000 10:12 AM
To: Jeff Blumenthal/HOU/ECT@ECT
cc: Stephen H Douglas/HOU/ECT@ECT
Subject: Re: Japan, Argentina and Brazil

Jeff,

Japan is obviously the country that worries me the most since we intend to
launch the site for Japanese clients in May.

The marketing material is expected to be sent by late next week.

Please let me know how long the process for Japan may still last and if you
anticipate problems.

Brazil and Argentina are expected be launched this summer.

Thanks,

Mario

Jeff Blumenthal@ECT
04/19/2000 09:34 AM
To: Mario Parra Cardoso/Corp/Enron@ENRON
cc: Stephen H Douglas/HOU/ECT@ECT

Subject: Re: Japan, Argentina and Brazil

Mario,

We've begun working with our outside tax advisors.  I understand the urgency
of this matter and will see that it is moved along as quickly as possible.
In the meantime, please let me know if you have any questions.  Thanks.

Mario Parra Cardoso@ENRON
04/17/2000 04:07 PM
To: Jeff Blumenthal/HOU/ECT@ECT
cc:
Subject: Japan, Argentina and Brazil

Jeff,

Anything new on tax issues related to EnronOnline for the countries above
mentioned?

Thanks,

Mario


I don't think I gave you George Briden's number in my voice mail today.  Its
401-934-1433.  Just out of curiosity, please let me know if they are as eager
to move forward as George said they were.  Thanks. DF


TODAY'S HEADLINES
The New York Times on the Web
Tuesday, May 8, 2001
------------------------------------------------------------
For news updated throughout the day, visit www.nytimes.com

QUOTE OF THE DAY
=========================

"If you are H.I.V.-positive now, it doesn't mean you are
dying. If you want to go to school, you should go to school.
If you want to buy a car, you should buy a car."

- DR. DAVID MARUMO, in Botswana, where the promise of access to AIDS drugs has
brought new hope.

Full Story:
http://www.nytimes.com/2001/05/08/world/08BOTS.html

NATIONAL
=========================

Statewide Blackouts Ordered in California
http://www.nytimes.com/2001/05/08/national/08CALI.html

Officer Charged in Killing That Roiled Cincinnati
http://www.nytimes.com/2001/05/08/national/08CINC.html

Drug Spending Grows Nearly 19%
http://www.nytimes.com/2001/05/08/national/08DRUG.html

Forensic Expert Under Scrutiny as DNA Test Frees 'Rapist'
http://www.nytimes.com/2001/05/08/national/08LAB.html

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POLITICS
=========================

White House Selects Corporate Lawyer as Chairman of S.E.C.
http://www.nytimes.com/2001/05/08/politics/08SEC.html

Rumsfeld Plans to Seek a Military Strategy Using Outer Space
http://www.nytimes.com/2001/05/08/world/08SPAC.html

Bush Chides Critics and Declares Freer Trade a Moral Issue
http://www.nytimes.com/2001/05/08/world/08PREX.html

White House Says No 'Magic Wand' to Cut Gasoline Prices
http://www.nytimes.com/aponline/national/AP-Bush-Gas.html

INTERNATIONAL
=========================

Rumsfeld Plans to Seek a Military Strategy Using Outer Space
http://www.nytimes.com/2001/05/08/world/08SPAC.html

Free AIDS Care Brings Hope to Botswana
http://www.nytimes.com/2001/05/08/world/08BOTS.html

U.S. Resumes Its Spy Flights Close to China
http://www.nytimes.com/2001/05/08/world/08PLAN.html

Bush Chides Critics and Declares Freer Trade a Moral Issue
http://www.nytimes.com/2001/05/08/world/08PREX.html

BUSINESS
=========================

White House Selects Corporate Lawyer as Chairman of S.E.C.
http://www.nytimes.com/2001/05/08/politics/08SEC.html

Market Place: A Prayer for Tech Stocks
http://www.nytimes.com/2001/05/08/technology/08PLAC.html

Dell to Cut 10% of Work Force
http://www.nytimes.com/2001/05/08/technology/08DELL.html

Priceline Fires Chief and Shuffles Officials
http://www.nytimes.com/2001/05/08/technology/08PRIC.html

TECHNOLOGY
=========================

Dell to Cut 10% of Work Force
http://www.nytimes.com/2001/05/08/technology/08DELL.html

Market Place: A Prayer for Tech Stocks
http://www.nytimes.com/2001/05/08/technology/08PLAC.html

In a Shift in Strategy, Apple Is Making Plans to Open Its
First Stores
http://www.nytimes.com/2001/05/08/technology/08APPL.html

Priceline Fires Chief and Shuffles Officials
http://www.nytimes.com/2001/05/08/technology/08PRIC.html

NEW YORK REGION
=========================

Mayor's Wife Wants His Friend Kept From Mansion
http://www.nytimes.com/2001/05/08/nyregion/08GIUL.html

Facing Scrutiny, President of Hale House Will Resign
http://www.nytimes.com/2001/05/08/nyregion/08HALE.html

Tempers Flare Near Deadline for Welfare
http://www.nytimes.com/2001/05/08/nyregion/08WELF.html

New Districts Imperil G.O.P. in New Jersey
http://www.nytimes.com/2001/05/08/nyregion/08DIST.html

SPORTS
=========================

Fighting Devils Live to Play Another Day
http://www.nytimes.com/2001/05/08/sports/08DEVI.html

Rookie Wins as Mets Shut Down Late Rally
http://www.nytimes.com/2001/05/08/sports/08METS-LATE.html

Yankees Causing Havoc on the Bases
http://www.nytimes.com/2001/05/08/sports/08YANK.html

Yankees Bulk Up on Plankton
http://www.nytimes.com/2001/05/08/sports/08BASE.html

ARTS
=========================

Court Considers Ownership of Seized 'Hitler' Paintings
http://www.nytimes.com/2001/05/08/arts/08HITL.html

MTV Gives 'Carmen' a Hip-Hop Update
http://www.nytimes.com/2001/05/08/arts/08NOTE.html

Spring Art Auctions Open at Phillips's New Home
http://www.nytimes.com/2001/05/08/arts/08AUCT.html

Museums as Walk-In Closets
http://www.nytimes.com/2001/05/08/arts/08VISI.html

OP-ED COLUMNISTS
=========================

By GAIL COLLINS: Beam Me Up, Rummy

Don't settle for a lousy missile shield. Romulan cloaking
devices and transporter beams are obviously the way to go.

http://www.nytimes.com/2001/05/08/opinion/08COLL.html

By THOMAS L. FRIEDMAN: It Takes a Satellite

The information revolution has offered young techies in
Ghana a real chance to leap forward.

http://www.nytimes.com/2001/05/08/opinion/08FRIE.html

HOW TO CHANGE YOUR SUBSCRIPTION
------------------------------------------------------------
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I've redlined the outline to address what I believe is the most important
risk you guys will face out there:  the risk that FERC will listen to your
presentation and conclude that the embedded optionality that some pipelines
are currently offering in transport contracts is a negotiated term and
condition and therefore must be stopped.  I think we need to tailor the
presentation and filing to minimize the chance that FERC will take away
flexibility we think we now have (i.e., the flexibility to embed shipper puts
in transport contracts).   Even if the TW approach on unbundled options goes
nowhere, several of the strategies we may want to implement next year depend
on continued ability to sell embedded options.   Susan, Shelley,a nd MKM, I
still think it is a good idea to push this proposal, but am concerned that
FERC might squirrel and go the opposite direction we are trying to push
them.  Your thoughts?  DF

Susan Scott
09/28/2000 03:27 PM
To: Nancy Bagot/OTS/Enron@ENRON
cc: Shelley Corman/ET&S/Enron@ENRON, Jeffery Fawcett/ET&S/Enron@ENRON, Drew
Fossum@ENRON, Mary Kay Miller/ET&S/Enron@ENRON, Glen Hass/ET&S/Enron@ENRON

Subject: Outline of TW Options Program

Nancy, I've prepared the attached outline in response to FERC Staff's request
that we provide "something in writing."  This is basically just a description
of our proposal.  I've tried to keep it brief so that staff members are not
reading while we're trying to talk to them.  It should be enough information
to raise a lot of questions.

Please wait until Shelley or I give you the go-ahead to pass this along to
the relevant Commission people; I'd like to give the other addressees the
opportunity to comment on this to the extent possible.

Everyone else:  please give me your comments ASAP as Nancy has been asked to
provide something to them tomorrow.


Thanks for the schedule update

 -----Original Message-----
From:  Kirkpatrick, Eric
Sent: Monday, April 23, 2001 10:52 AM
To: Mack, Iris; Dhar, Amitava; Brent, Richard; Salmon, Scott; Chaney, Craig;
Mumford, Mike; Detiveaux, Kim; Cruver, Brian
Subject: Private Firm Schedule

All:

This is the rough schedule we came up with at today's video conference:

Submit RFP to D&B, Experian, and Amadeus 2 days  25 Apr  Mumford
Receive back RFPs     1.5 weeks 4 May  Mumford
Complete evaluation, selection & authorization 1 week  11 May  Mumford/Mack
Contract complete and signed   2 weeks 25 May  Mumford
Data to Iris & Amitava    3 weeks 15 June  Mumford
Model Development Complete   4 weeks 15 July  Mack
*Integration of model and data feeds into CTS 6 weeks 30 August Kirkpatrick

Prior to integration into CTS any prices would have to be manually uploaded
into CTS via spreadsheet.

The RFP will include a request for a smaller data calibration set that we may
select to purchase immediately.

We can revisit this schedule at our Wednesday Video Conference.

Eric Kirkpatrick


---------------------- Forwarded by Richard Shapiro/NA/Enron on 04/25/2001
05:07 PM ---------------------------

MDay <MDay@GMSSR.com> on 04/25/2001 01:42:08 PM
To: "'Jeff Dasovich  Enron SF'" <jdasovic@enron.com>, "'Rick Shapiro, Enron
Houston'" <rshapiro@enron.com>
cc:

Subject: X23910.DOC

 <<X23910.DOC>>
Here is the memo re the possible SCE-Enron deal. Please advise if you need
anything different. Mike Day

 - X23910.DOC


-----Original Message-----
From: 	Winckowski, Michele
Sent:	Wednesday, October 17, 2001 4:16 PM
Subject:	FW: Things to do when the boss is out.

 - cubicle hurdles.mpeg
 - Hallway races.mpeg
 - Rowing.mpeg


Subject: Enron Wholesale Budget Meeting

  Date:  Tuesday, June 19

  Time:  11:00 a.m. CST

  Location: EB32C2


In case word hasn't gotten around, ENA learned COB Friday, that it has been
chosen to engage in further negotiations with the ISO for about 450 MWs of
projects.  The preliminary award is based on ENA's response to the RFQ that
the ISO issued last month for "emergency resources."


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Bob Shults is Asking about that amendment to the Amerex Fee Agreement.  Can you help him...


In what forum will this be discussed?

Jim

-----Original Message-----
From: Yeung, Charles
Sent: Friday, November 09, 2001 1:35 PM
To: Steffes, James D.; Bestard, Jose
Subject: FW: MAPP Letter Regarding Standards/Compliance

Jose and Jim

This was expected!
-----Original Message-----
From: Heather Gibbs [mailto:Heather.Gibbs@nerc.net]
Sent: Friday, November 09, 2001 9:31 AM
To: heather@nerc.com
Subject: MAPP Letter Regarding Standards/Compliance

TO:  MARKET INTERFACE COMMITTEE

Dear Members:

Attached in Acrobat 5.0 is a letter from Doug Chapman of Manitoba Hydro, on behalf of MAPP.

The letter will be discussed at the MIC meeting next week in association with Agenda Item 7a.

If you have any trouble opening the file, let me know.

Sincerely,

Heather Gibbs


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Start Date: 4/18/01; HourAhead hour: 1;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041801.txt


Will you be able to make it to the game tonight?  It is at 8:45 at the Post
Oak YMCA.

Let me know.

Eric


A position has recently become available in the Real Time Trading group
reporting to Bill Williams.  Bill will be holding an information session on
Thursday, April 19, 2001 at 11:00 am in Mt Hood for anyone who would like to
learn more about this opportunity.  Interested candidates should let Amy
FitzPatrick know by close of business on Monday, April 23, 2001.

Real Time Trading
Real Time Trading is responsible for the physical and financial integrity of
prescheduled energy transactions.  This includes managing curtailed schedules
and preserving Enron,s financial rights with non-performing trading
counterparties.  The group is required to maintain records and update
databases that explain supply or market interruptions in order to minimize
customer billing dispute issues.

In addition, Real Time Trading is responsible for the hourly trading of
energy in the California ISO and bilateral markets.  Traders are expected to
initiate profitable trades while maintaining an acceptable amount of risk
exposure to the company.  The group is expected to know all settlements
requirements and charges related to each type of trade.  Each trader is
capable of interfacing with customers and responding to internal and external
billing inquiries.

Real Time is required to administer terms of Service Desk contracts, which
may include the selling of excess generation and purchasing energy for
customer,s load requirement.  Also, each trader is responsible for gathering
and reporting information on unit outages, transmission line derations and
other information that is useful for all West Desk Trading activity.

Job Duties
? Confirm purchases and sale of power for Enron Power Marketing
? Work closely with volume, risk management, and dispute settlement groups
? Aid in preparation of price and deal reports and assist in the resolution
of volume/price discrepancies
? Interface with service and middle marketing customers to resolve real-time
questions and concerns
? Assist in testing and implementation of FSP and OATI real-time tagging
? Work closely with information technology and fundamentals group to maintain
and develop Real-Time tools and systems

Qualifications
? Bachelors in Finance, Business, Accounting or related field
? 1 to 2 years of previous power industry experience in WSCC is preferred.
? Excellent problem solving and communication skills
? Working knowledge of Excel, Access, Visual Basic and SQL
? Self motivated
? Detail oriented


Let me know whether or not you will be there.  Please try to make it by 9:15.


Gary,

I will prepare a final draft for your review incorporating agreed revisions
and special provisions.

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


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Angie asked me to imput VNG contract 100104.  I didn't know the rate.  Sitara
deal 484810.
Scott


Mark,

Welcome back!

I am wondering if you could lend a hand on a few areas on the legal side of
EnronOnline:

1) GTC Cross reference (see prior email)
2) Product Long Descriptions - these are now available in the same format as
the customer will see - i.e. all put together by the system, as opposed to
individual sentences in a spreadsheet. The traders should have set up all of
the products which were required for the simulation (I haven't confirmed
this). These products would be a good place to start and should provide a
representative sample for the lawyers to look at. There are a few changes
coming, as requested by Louise Hansen, Stacy Dickson and Janice Moore which I
have not yet incorporated (but hope to within the next 2 days or so) -
otherwise, the other products should be OK as they contain text derived from
the spreadsheets which the lawyers have approved.

It would be helpful if you could organize for each of the lawyers to access
the Product Manager, so they can see the long descriptions for the Products.
Someone in the Product Control Group should be able to show you how to access
the long descriptions in the Product Manager

3) Emissions - Are you the emissions guy? I haven't actually discussed these
with anyone - not sure if the lawyer list I have includes the person who
should be looking after this?

  Mark Taylor
  Leslie Hansen
  Jeff Hodge
  Janice Moore
  Alan Aronowitz
  Harry Collins
  Stacy Dickson

4) I still do not have a warm and fuzzy feeling that the GTC variables have
been properly cross-referenced to the spreadsheets, and that the two work
together to form a cohesive whole. I might just be paranoid, but I think this
area needs closer examination. Perhaps you could spot-check a couple of GTC's
against the products and see what you think?

Thanks for your help

Dave


---------------------- Forwarded by Jason R Wiesepape/HOU/ECT on 03/03/2000
03:45 PM ---------------------------

Scot Chambers@ENRON_DEVELOPMENT
03/03/2000 02:49 PM
To: Jason Wiesepape@ENRON_DEVELOPMENT
cc: Bruce Golden/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sandra
McDonald@ENRON_DEVELOPMENT, Billy Lemmons@ENRON, Mark
Dobler/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Tom
Callaghan/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mitch
Robinson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, John W
Cates/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Richard
Bickings/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Karl
Masani/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: City of Austin 4 x LM6000 O&M Estimate

Jason, please find attached the O&M estimate for the City of Austin 4 x
LM6000PC gas fired, simple cycle power project. It shows the estimated cost
for the Operator's Mobilization Period ($/kW) and Annual Operating Period
average FOM and average VOM for both 3 year and 20 year periods. The estimate
assumes the addition of operating staff at the project, but that maintenance,
supervision and administration services can be performed by existing staffing
at Austin Energy. The staffing is such that the peak periods could be manned
for round the clock availability and eased off in the non-peak months. I have
shown an O&M fee during Mobilization and Annual Operating Periods designed to
cover this service, as well as the Operator's risk for meeting Availability
requirements.

Per Sandra's request, I have not shown the GT and SCR reserve calculations in
the estimate, but for purposes of documenting with our team, they are
estimated to be:
GT Reserve = $54/fired hour (20 year term)
SCR Reserve = $25/fired hour (assume 40,000 hr life)

Please review and call if you would like to discuss further.

regards, Scot


Three to-dos on our Mavrix meeting:
1.  Follow up and make sure the officers get set up correctly.
2.  Talk to Perry Frazier in planning--he is keeping copies of the actual EBB
postings showing that we have had the Ignacio-Thoreau piece of capacity
posted (the 33,000/d).  I'd like you to keep copies of those postings in your
file until Mavrix actually buys that capacity.  If we end up in a fight at
some time, we'll be able to prove the postings were out there, because the
actual postings are not electronically archived, I am told.
3. All Mavrix deals will need initials from legal--probably you, Susan.  For
now, please let me know of any deals Mavrix does with non-Enron pipes.  For
Enron pipes, of course, contract approval will be via our ordinary procedures
and MKM's group and I should be advised as a matter of course.

Thanks.  DF


Attached is a privileged and confidential memorandum concerning the various congressional investigations relating to Enron.  In anticipation of our preparation for and your participation in staff interviews with the House Energy and Commerce Committee next week, I thought you might like to review this background material in advance.  We'll have more detailed intelligence from the Hill to share with you orally when we meet next week.

In order to preserve the attorney-client privilege, and because of the politically sensitive nature of some of this material, please do not share it with anyone.

I'll be back in Houston Sunday night and can be reached first thing Monday morning at 713-345-2572.  In the meantime, please feel free to call me in DC with any questions.  Otherwise, I'll see you next week.

Thanks,
Michael

Michael N. Levy
Swidler Berlin Shereff Friedman, LLP
(202) 295-8414
mnlevy@swidlaw.com

The preceding E-mail message contains information that is confidential,
may be protected by the attorney/client or other applicable privileges,
and may constitute non-public information.  It is intended to be
conveyed only to the designated recipient(s).  If you are not an
intended recipient of this message, please notify the sender at (202)
295-8414. Unauthorized use, dissemination, distribution, or reproduction
of this message is strictly prohibited and may be unlawful.

-----Original Message-----
From: DeLorenzo, James
Sent: Friday, January 11, 2002 6:17 PM
To: Levy, Michael
Subject: 5041227v3.DOC


Reply Message:
Reply from PALMER MARK  is tough -M. Palmer to Text message

Original Message:
Richard.Shapiro@enron.com||How goes it?
--------------------------
Rick S.

**********************************************************************
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.
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FYI:  A Jeff Skilling floor meeting is scheduled for the 31st floor on
Monday, June 11 at 3:30 pm.  The locations is near 3122K.

Eric


-----Original Message-----
From: ckwinter@deseretgt.com [mailto:ckwinter@deseretgt.com]
Sent: Friday, November 02, 2001 1:52 PM
To: Choi, Paul
Subject: Re: NYMEX

Paul,
Actually, we are interested in a straight monthly puts -- probably 25 MWs per month -- on our NYMEX position (i.e., at the money monthly strikes with put premium for year paid within first 3 business days after 1/1/2002.
Curt

>>> "Choi, Paul" <Paul.Choi@ENRON.com> 11/02/01 10:42AM >>>
Curt,

Are you interested in doing a similar structure for your NYMEX index
positions?  We can incorporate the unit contingent component into the
deal with how we did handled it in our previous transaction and also
enhance it by paying you the difference between DJ index and NYMEX for
when Bonanza goes down since you may be concerned that the NYMEX price
you are receiving will not match the market prices that you may have to
pay to replace the energy.  Give me a call to discuss this and I am
getting the ball rolling on getting you a copy of the ISDA.

Best Regards,

Paul Choi

**********************************************************************
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.
**********************************************************************


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Start Date: 4/14/01; HourAhead hour: 12;  No ancillary schedules awarded.
Variances detected.
Variances detected in Energy Import/Export schedule.
Variances detected in SC Trades schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041412.txt

---- Energy Import/Export Schedule ----
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 12 / Preferred:   0.00 / Final:   0.00)
  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/14/01
  TIE_POINT: FCORNR_5_PSUEDO
  INTERCHG_ID: EPMI_CISO_TOBY
  ENGY_TYPE: FIRM
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 12 / Preferred:  12.00 / Final:  11.98)
  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/14/01
  TIE_POINT: PVERDE_5_DEVERS
  INTERCHG_ID: EPMI_CISO_SPP
  ENGY_TYPE: WHEEL

---- SC Trades Schedule ----
$$$ Variance found in table tblInt_Interchange.
     Details: (Hour: 12 / Preferred: -60.00 / Final: -59.98)
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/14/01
  TRADING_SC: NCPA
  PNT_OF_INTRC: NP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 1
  DEAL_NO: 1
$$$ Variance found in table tblInt_Interchange.
     Details: (Hour: 12 / Preferred: -125.00 / Final: -124.97)
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/14/01
  TRADING_SC: SETC
  PNT_OF_INTRC: NP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 1
  DEAL_NO: 1
$$$ Variance found in table tblInt_Interchange.
     Details: (Hour: 12 / Preferred: -805.00 / Final: -800.00)
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/14/01
  TRADING_SC: WESC
  PNT_OF_INTRC: SP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 1
  DEAL_NO: 1
$$$ Variance found in table tblInt_Interchange.
     Details: (Hour: 12 / Preferred:  25.00 / Final:  19.92)
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/14/01
  TRADING_SC: PGAE
  PNT_OF_INTRC: NP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 2
  DEAL_NO: 1


Dear Ben:

Its nice hearing that you are doing well and that you are taking MBA
finance classes --- are these at U. of Houston?

The admissions people mentioned that your GMAT score was too low when you
applied last year.  They said that if you had a higher GMAT score we could
consider you as a special case because of your background in energy
finance.  Basically, my impression was that you didn't need to have a score
close to the 660 median, but you need to improve a lot.  I would also
recommend that you work more on the quantitative sections, since it is
clear to me that your verbal skills are quite good.

Keep in touch.

regards,

Sheridan

At 10:52 AM 10/2/00 -0500, you wrote:
>
>Professor Titman:
>     I hope you had an enjoyable summer and it didn't go too quickly.   I
>hope you remember who I am from last years application process.  I enjoyed
>meeting you last year and talking with  you regarding the curriculum and
>admissions process.  I wanted to let you know that I am still very much
>interested in attending the Business School.
>     I took your advice this summer and took a graduate level finance class
>(Financial Management), which I received an A.  I was very pleased with
>myself, because I had not taken this type of class in quite some time.  I
>have decided to take another graduate level finance class (Macroeconomics),
>which I am currently taking and runs through December.
>     I also sent my information regarding my learning disability into GMAC
>to try and receive a "special testing status" for the GMAT.   I am
>currently waiting to hear back from them with their decision.
>     As you can see, I am still very much interested in attending the
>Business School for next year and I'm in the process of doing whatever I
>can to increase my application profile.  I am also sending an e-mail to
>Carl Harris, who heads up the admissions process  to inform him of these
>recent developments.
>     Please let me know if there is anything else you think I need to do to
>enhance my application profile.   Again, I hope all is going well and I
>look forward to hearing from you soon
>
>Regards,
>
>Ben Rogers
>Enron Corp.
>
>P.S. David Martin says hello!
>
>
Sheridan Titman
Department of Finance
College of Business Administration
University of Texas
Austin, Texas 78712-1179

512-232-2787 (phone)
512-471-5073 (fax)

titman@mail.utexas.edu


- kudlow060101.doc


Absolutely.  Come by around 3:30??

From: Margaret Allen@ENRON on 10/10/2000 10:28 AM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: Substantiation for EOL

Hi,

I was hoping that you could give me a few minutes after trading hours to help
me substantiate the EOL commercial.  ABC is threatening not to run it if I
don't prove that "Enron has created the First Internet Global Commodities
Market."  I can easily prove we are the largest, but I'm having a hard time
with first.  I know we were, but I have to have it in writing.

Give me a call or email me and let me know when you have a second or two.
Thanks, Margaret


-----Original Message-----
From: 	Pehlivanova, Biliana
Sent:	Monday, November 12, 2001 10:54 AM
To:	Rohmer, Gisselle; Beylin, Anya; Marolo, Massimo; Velez, Luis; Ramirez, Jose A; Guzman, Julio; Lombard-Benito, Giselle; Mills, Bruce; Kulic, Sladana-Anna; Cardenas, Catalina; Gupta, Gautam; Khandker, Dayem; Gandhi, Sachin
Subject:	FW: Highlights from this morning's ENE/DYN analyst conference call

 -----Original Message-----
From: 	Tucker, Patrick
Sent:	Monday, November 12, 2001 10:25 AM
To:	Pollan, Sylvia S.; Culotta, Lindsay; Murrell, Russell E; Plachy, Denver; Cuilla, Martin; Storey, Geoff; Yawapongsiri, Virawan; Mahmassani, Souad; Donohoe, Tom; Ruscitti, Kevin; Shively, Hunter S.; Lewis, Andrew H.; Giron, Darron C.; Frihart, Bryant; Tucker, Patrick; Roberts, Linda; Luce, Laura; Hogan, Irena D.; Vickers, Frank; Williams, Jason (Trading); Mims, Patrice L.; Simpson, James; Hodge, John; Keavey, Peter F.; Mckay, Brad; Mckay, Jonathan; Pereira, Susan W.; Pimenov, Vladi; Ring, Andrea; Savvas, Leonidas; Townsend, Judy; Versen, Victoria; Barbe, Robin; Concannon, Ruth; Goodell, Scott; Jones, David; Kaiser, Jared; Loving, Scott; Bates, Kimberly; Muhl, Gil; Smith, Maureen; Smith, Shauywn; Taylor, Craig; Willis, Jim
Subject:	Highlights from this morning's ENE/DYN analyst conference call

Listened in on the analyst call this morning.  Here are my notes.  Did not yet have a chance to organize them, so they're simply in chronological order.

The call began with Watson, Bergstrom, and Whalley reading from prepared statements.  Watson spoke for c. 10 minutes, Bergstrom for 5, and Whalley spoke for perhaps 30 seconds.  Dynegy management was noticeably in control of the call.  Enron executives spoke when questions were directed to them.

Specific points:
EES will be a part of the new company.
Enron assets will be revalued at closing.
The investment in Northern Natural takes the form of convertible preferred.  If the merger does not go through, Dynegy has the right to acquire Northern for 'very little' additional consideration.  If DYN terminates the merger and ENE 'has sufficient liquidity', ENE has right to repurchase the convertible preferred.
Debt/equity of combined company expected to be <45%.
Both companies will remain on RatingsWatch negative.
ChevronTexaco will hold 169MM shares out of a total 650MM shares of the post-merger entity.
Watson reiterates that going forward, the new entity will be run with a focus on transparent and clear financial structure and disclosure, with a significant reduction in on- and off-balance-sheet leverage.
In what was termed a "new approach", the new entity will be run with a focus on cash flow rather than earnings.
Rumors that Dynegy did the deal because of an unhedged exposure to Enron are not true.  Dynegy owed Enron <$50MM.
Lay says that Enron had other options, 'particularly financial'.
All of the discussion and activity has taken place over the last two weeks.
Lay acknowledges that the number for exposure to securities lawsuits may be 'pretty big', but that the companies feel they're able to appropriately value this exposure.
Lay says we have nothing else to hide, but internal investigation still under way.
Lay:  had the SPEs been capitalized with perhaps $30MM more of risk capital, there would have been no question that they would have qualified for off-balance-sheet treatment and there would have been no need to restate earnings last week to reflect consolidation of the SPEs.
Dynegy says that 'several' internal investigations continue at Enron, and thus DYN/ENE cannot say with certainty that there's absolutely nothing else out there.
Doty (Dynegy CFO) says that late last week, ENE had 'close to a billion' in cash.
Osprey will be unwound late next summer. Marlin will be unwound after closing.
Many of the off-balance-sheet structures, including the credit-linked notes, are expected to be unwound/redeemed or at least significantly reduced prior to closing.
With regard to ENE asset dispositions, these will be accelerated to the extent possible.  However, Doty says that 'our backs are not against the wall', and the company will continue to focus on getting value for its assets as well as cash.
ENE will renew its 364-day facility (believe this is the $3Bn facility that we drew down a couple of weeks ago) within the next 6-8 weeks.
BBB-flat most likely rating for combined entity, according to initial comments from ratings agencies.
McMahon says 'no comment' to WSJ article indicating that ENE's banks are preparing to make an equity infusion into ENE in the next few weeks.
Consolidation of trading activity: Mid- and back-office consolidation will see substantial progress prior to closing, such that only the front office / trading books will need to be combined at closing.  EES, NNG and TW have no real overlap with existing DYN activity, so there won't be much integration work required there.  The big integration effort will be ENA.
Watson says that the 'creative financing' surrounded non-core assets.  Doty adds that, 'frankly', DYN assigned zero economic value to non-core businesses in their valuation model.  They bracketed the maximum expected exposure from the non-core assets/businesses and left it at that.
Watson mentions that DYN would not have gotten involved with Enron had they not been approached by 'Enron's top three executives', who said that they thought a combination with Dynegy made the most strategic sense for both companies.  Says that their approach evidenced a  willingness to work with DYN to integrate the two companies that made a big difference in Dynegy's deliberations on proceeding with the merger.
Watson/Doty said that they're NOT 100% sure that no surprises remain in Enron's books--but that the risk/reward offered by the combination was compelling.
The deal does have material-adverse-change outs for Dynegy, covering any MAC regarding Enron's assets or businesses.  Dynegy's lawyers indicated that the MAC language was a 'blunt instrument' under which it would be difficult to bring a case, so Dynegy inserted a specific paragraph that gives Dynegy the right to terminate the merger if the Enron's total legal liability (from any source or cause of action) tops $3.5Bn prior to closing.
McMahon adds that there 'could' be more restatements, but he 'does not expect' there to be more restatements.
ENE international hard assets definitely on the asset disposition list.
The merger structure calls for a new entity to take over Enron.
Enron is planning to hold an Enron-specific conference call in the next few days, tentatively scheduled for Wednesday.
Initial reaction of ratings agencies 'very positive' to combined entities.
McMahon acknowledges that Enron would have had to have an additional equity infusion prior to year-end, had the merger not materialized.
Dynegy's earnings guidance places Enron-related earnings accretion at $0.90-0.95, which represents a '25% haircut' to Enron internal estimates.  Doty says that this is all operating earnings--figure does not include any amounts from expected synergies.
Doty says that both Enron and Dynegy's books, as far as he understands, are relatively short-term in weight, and this will continue to be the weighting of the new entity.  Says a 'very very substantial' portion of future trading earnings will be expected to be cash.
ChevronTexaco's investment in Dynegy was calculated at a 5% discount to public prices on the date of negotiation (not disclosed).  Given the runup in Dynegy stock last week, ChevronTexaco's investment is now at a 'more substantial' discount to market prices.  ChevronTexaco has provision to get 'different prices at closing if those prices are substantially better'.  (No further clarification given).
Whalley believes that 'we'll retain' the Enron traders and marketers. They're used to being part of a winning team, and the combined entity will definitely be a winner.  They have talked with most of the Enron business leaders, and they are 'very excited' by the combination.  They will be working with the Enron business leaders to ensure talent is retained.  Whalley was asked if there will be any key employee retention provisions.  He says that 'to the extent necessary, yes.'
Watson says that the trading strategy of the combined entity will be a combination of DYN and ENE--there will be more of an asset-backed trading focus, but by the same token the new Dynegy will be involved in much more financial market-making trading than the Dynegy of today.
Watson says that if there were to be any change in culture, he's a strong team player.  He does not want to see an individual do well if the company or division does not do well.

Patrick Tucker


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for December has set the stage for a possible test of the 25%
retracement level of this year's decline crossing at 194.76. Closes
above this resistance level and this year's downtrend line crossing
near 195.35 are needed to confirm that a major bottom and trend
change has taken place. Stochastics and the RSI are bullish signaling
that sideways to higher prices are possible into the early-January.

ENERGY MARKETS http://quotes.ino.com/exchanges/?c=energy

The energy markets closed sharply higher on Wednesday, as OPEC
appears more certain of announcing on Friday an output cut of 2
million barrels of crude oil per day beginning January 1.

February crude oil closed sharply higher on Wednesday and above the
previous reaction high crossing at 21.05 thereby opening the door for
a larger-degree rebound into January. Session highs fell short of
testing the 38% retracement level of this fall's decline crossing at
21.77. If this resistance level is cleared, November's high crossing
at 22.83 is a possible target in early-January. Stochastics and the
RSI are bullish signaling that sideways to higher prices are possible
near-term.

February heating oil closed into new highs for December on Wednesday
thereby negating the possibility that last week's high marked a
double top. Wednesday's high-range close opens the door for
additional gains into early-January with November's reaction high
crossing at 64.35 being the next likely upside target. Stochastics
and the RSI are bullish signaling that sideways to higher prices are
possible near- term.

February unleaded gas soared to new highs for December as they
exceeded minor resistance crossing at 57.90 and filled November's gap
at 59.80. Today's high-range close sets the stage for follow-through
buying on Thursday. If the rally continues, November's high crossing
at 62.31 is February's next target. Momentum indicators are becoming
overbought but remain bullish signaling that additional gains are
possible into early-January.

February Henry Hub natural gas closed slightly higher on Wednesday
thereby confirming last Friday's breakout above this fall's downtrend
line. Extended weather forecasts are calling for below normal temps
to persist across the Midwest and eastward through the weekend before
a small warm up is possible. Unless there is an extended period of
time of below normal temps across high demand regions of the country,
upside potential remains limited due to the abundant supplies of
natural gas in storage. Short-term momentum indicators are bullish
signaling that sideways to higher prices are possible into
early-January. If the rebound continues, November's reaction high
crossing at 3.165 is February's next target.

CURRENCIES http://quotes.ino.com/exchanges/?c=currencies

The March Dollar closed slightly lower on Wednesday due to light
profit taking as it consolidated some of Monday's gains.
Nevertheless, March remained above broken resistance marked by
November's high, which crosses at 118.27. If the rally continues, the
75% retracement level of this summer's decline crossing at 119.57 is
March's next upside target. Trend-following indicators such as the
ADX are entering bullish trend modes signaling that sideways to
higher prices are possible into early-January.

The March Swiss Franc closed slightly higher on Wednesday due to
light short covering after spiking below September's low crossing at
.5860 in early trading. Today's high-range close leaves the door open
for additional short covering on Thursday. However, the recent
breakout below this fall's trading range has opened the door for
sideways to lower prices into early-January. If the decline
continues, fib support crossing at .5722 is March's next target.

The March Canadian Dollar closed lower on Wednesday and below the 75%
retracement level of November's rally crossing at .6273. Momentum
indicators are bearish signaling that sideways to lower prices are
possible into early-January. If the decline continues, November's low
crossing at .6230 is March's next target.

The March Japanese Yen plunged to new contract lows on Wednesday as
it continues to accelerate towards monthly fib support crossing at
.7568. The daily ADX is bearish signaling that additional weakness is
possible into early- January.

PRECIOUS METALS http://quotes.ino.com/exchanges/?c=metals

February gold closed higher on Wednesday as it extended its rebound
off last week's low. Closes above last week's high crossing at 281.40
are needed to renew February's rebound off December's low. Closes
above November's high crossing at 283.30 would open the door for a
larger-degree rebound as the new year begins. Stochastics and the RSI
are bullish signaling that sideways to higher prices are possible
into early-January.

March silver closed slightly lower on Wednesday due light profit
taking as it consolidated some of its recent gains. If the rally
continues, the 62% retracement level of this fall's decline crossing
at 4.51 is March's next target. Stochastics and the RSI are very
overbought however, the ADX is bullish signaling that additional
gains are possible into early-January.

March copper closed higher on Wednesday as it extended last Friday's
rebound off the 50% retracement level of November's rally crossing at
67.50. Closes above the reaction high crossing at 69.45 are needed to
confirm a bottom has been posted. Short-term momentum indicators are
turning bullish signaling that sideways to higher prices are possible
into the end of the year.

GRAINS http://quotes.ino.com/exchanges/?c=grains

March corn closed lower on Wednesday as they broke out below
November's low at 2.10 1/4 to post a new contract low. While a short
covering bounce is possible on Thursday, the door has been opened for
a possible test of weekly support crossing at 2.04 1/4 later this
winter. Short-term momentum indicators are bearish signaling that
sideways to lower prices are possible into early-January. Today's
sell off was triggered from increased fears that Argentina will be an
aggressive seller of wheat and corn early next year due to their
precarious economic and political situation. Additional pressure came
from uncertainty over China's corn supply situation, which paints a
bearish picture for U.S. corn exports.

March wheat closed lower on Wednesday due to fund selling. Spillover
weakness from corn and soybeans along with lackluster wheat export
shipments weighed on prices throughout the day. March wheat is
challenging minor trendline support drawn across this month's lows,
which crosses near 2.83. Closes below this support level would open
the door for a test of December's low crossing at 2.77 and then this
fall's low at 2.73 later this winter. While there was some talk about
a lack of snow cover across the Plains, which could lead to possible
winter kill, temps would have to remain below normal for a few weeks
before these concerns are taken seriously by the market. Today's
decline turned stochastics and the RSI bearish signaling that
sideways to lower prices are likely into early-January.

SOYBEAN COMPLEX http://quotes.ino.com/exchanges/?c=grains

January soybeans closed sharply lower on Wednesday, as South American
weather is not considered a major threat to big crops at this point
in time. Additional pressure came from political and economic
uncertainty in Argentina. Trading volume was light today as it did
not take much selling to push the market sharply lower on the day.
The low-range close leaves the door open for additional selling on
Thursday. Closes below this fall's low crossing at 4.26 1/4 would
renew the larger-degree downtrend while opening the door for a
possible test of weekly support crossing at 4.17 1/2 later this
winter.

January soybean meal closed lower on Wednesday thereby confirming
last Friday's downside reversal. Today's sell off was somewhat of a
surprise to the market given the below normal temps, which have moved
across the Midwest since the weekend. Extended weather forecasts are
calling for below- normal temps to continue for the next 10-days.
Despite this bullish weather forecast, Wednesday's low-range close
sets the stage for follow-through weakness on Thursday. Closes below
December's low crossing at 147.60 would renew this fall's decline
while opening the door for a possible test of May's low crossing at
146.

LIVESTOCK http://quotes.ino.com/exchanges/?c=livestock

February hogs closed lower on Wednesday due to light profit taking as
it consolidated some of its recent gains. Today's round of profit
taking may continue into Friday's quarterly hogs and pigs report due
out Friday after the close. Pre- report estimates are as follows.

All hogs and pigs 99.9% (range 98.9-101%)

Kept for breading 99.3% (range 98.5-101.5%)

Kept for marketing 100.1% (range 99-101%)

Trading is likely to remain subdued on Thursday with cash bids called
steady to firmer. Multiple closes above this summer's downtrend line
crossing near 56.40 are needed to keep February's rally off
December's low alive. Stochastics remain bullish signaling that
sideways to higher prices are possible into early-January.

February cattle closed modestly higher on Wednesday due to a
late-session rally triggered by hopes for higher cash bids later this
week. Additional support came from expectations that this week's
Showlists would be lighter than last week. Gains were limited due to
futures premium to the cash market. Momentum indicators remain
bullish signaling that sideways to higher prices are possible into
early-January. If the rally off December's low continues, this fall's
high crossing at 73.50 is a potential target later this winter.

FOOD & FIBER http://quotes.ino.com/exchanges/?c=food

The coffee market was closed today. Here is a recap of last Friday's
trade. March coffee closed sharply lower on Friday as it posted a key
reversal down ahead of the Christmas Holiday weekend. Locals and
funds were late sellers as they took advantage of thin pre-holiday
trading volume. Additional weakness next week is needed to confirm
today's bearish reversal pattern. Closes below 44.75 would confirm a
breakout into new contract lows thereby opening the door for a
possible test of psychological support crossing at 40- cents later
this winter.

The cocoa market was closed today. Here is a recap of last Friday's
trade. March cocoa posted a quiet inside day with a slightly higher
close on Friday as it continues to consolidate below Wednesday's gap
crossing at 1297. Momentum indicators have turned bearish with this
week's setback thereby increasing the odds that a short-term top is
in place. If the decline resumes next week, December's low crossing
at 1212 is March's next target. Closes below 1212 would open the door
for a larger-degree decline into January.

The sugar market was closed today. Here is a recap of last Friday's
trade. March sugar posted an inside day with a slightly higher on
Friday as it extended Thursday's short covering bounce following this
week's spike below the 50% retracement level of this fall's rally
crossing at 698. Momentum indicators remain bearish signaling that
sideways to lower prices are possible into early-January. I am
looking for March to renew this week's decline next week with
November's low crossing at 661 being a possible target later this
winter.

March cotton closed modestly higher on Wednesday due to light
speculator buying however, trading volume was thin and is expected to
be that weigh for the balance of the week. Stochastics and the RSI
are neutral to bullish signaling that sideways to higher prices are
possible into early January. Closes above 37.60 or below 34.91 are
needed to clear up near-term direction in the market.

Daily Extreme Commentary is brought to you by GLOBALcharts,
INO.com's end-of-day charting software for Futures, Futures
Options and Optionable Stocks. http://www.globalcharts.com
Search the INO Store  - http://store.ino.com/
_____________________________________________________________________

I N O   N E W S
_____________________________________________________________________

Mark F. Duffy Re-elected CBOE Vice Chairman
   http://news.ino.com/press/?release=27658
Thursday's Natural Gas Trading To Be Extended By 15 Minutes
   http://news.ino.com/press/?release=27657
NYBOT Announces New Coffee Bagging Procedures
   http://news.ino.com/press/?release=27655
Fee Reduction For Globex FX Spreads Takes Effect Jan. 2
   http://news.ino.com/press/?release=27654

____________________________________________________________________________

E X T R E M E   F U T U R E S
____________________________________________________________________________

Updated every 10 minutes around the clock.
More at http://quotes.ino.com/analysis/extremes/futures/

WINNERS

XCZ3   Corn Dec 2003                                 249        20  +7.99
GIF2   Goldman Sachs Commodity Index Jan 2002     175.70      6.50  +3.81
LBN2   Random Length Lumber Jul 2002              268.10      6.00  +2.24
CTN3   Cotton Jul 2003                             47.40      0.75  +1.61
RLH2   Russell 2000 Index Mar 2002                492.75      6.50  +1.34
NDM2   NASDAQ 100 Index Jun 2002                 1591.00     20.00  +1.26
LHJ2   Lean Hogs Apr 2002                         58.875     0.650  +1.11
CRY0   CRB/Bridge index Cash                      193.49      1.90  +0.99
EJH2   Euro/Japanese Yen Mar 2002                 114.09      1.09  +0.97
BPM2   British Pound Jun 2002                     1.4400    0.0134  +0.94

LOSERS

WZ3    Wheat Dec 2003                                305    -8 1/2  -2.78
LBU2   Random Length Lumber Sep 2002              266.00     -7.00  -2.56
ON2    Oats Jul 2002                             156 1/2        -4  -2.49
DBN2   Butter Jul 2002                           149.500    -3.500  -2.29
PBK2   Frozen Pork Bellies May 2002               79.500    -1.600  -1.98
NKM2   Nikkei 225 Stock Avg Jun 2002               10400      -200  -1.92
DAK2   BFP Milk May 2002                           11.81     -0.22  -1.83
XSF2   Soybeans Jan 2002                         428 1/4    -7 1/2  -1.72
BOH2   Soybean Oil Mar 2002                        15.58     -0.27  -1.70
XEH2   Soybean Meal Mar 2002                       144.9      -2.4  -1.64

*FREE TRIAL-T3 Fibs Pro Trader Software
100% Automated Tops & Bottoms-Any Market Any Time Frame
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____________________________________________________________________________

E X T R E M E   S T O C K S
____________________________________________________________________________

Updated every 10 minutes around the clock.
More at http://quotes.ino.com/analysis/extremes/stocks/

WINNERS

ASW    A.C.L.N. LTD                                10.31      2.51  +32.22
ARTD   ARTISTDIRECT INC                          12.2500    2.1500  +21.29
NVGN   NOVOGEN LTD SPONS ADR                      7.5100    1.4210  +20.96
EMITF  ELBIT MEDICAL IMAGING                      6.2200    0.9800  +18.63
OSIS   OSI SYSTEMS                               19.2000    3.0100  +18.58
OHB    ORLEANS HOMEBUILDERS                         5.39      0.85  +17.89
FORTY  FORMULA SYSTEMS(1985)ADR                  17.0000    2.5700  +17.79
TAR    TELEFONICA DE ARGENTINA SA NEW              11.29      1.59  +16.55
ARTL   ARISTOTLE CORP                             7.5200    1.0800  +15.61
ADPI   AMER DENTAL PARTNERS                       6.7300    0.8800  +15.04

LOSERS

CNC-V  CONSECO FIN TR V 8.70%'TOPRS'                9.45     -1.77  -16.21
SBSIP  SOUTHSIDE CAP TR 8.50% PFD                10.0000   -1.6175  -15.35
IGC    INTERSTATE GENL L.P.'A'                      5.15     -0.75  -13.64
CNC-T  CONSECO FIN TR I 9.16%'TOPRS'                9.75     -1.33  -11.82
MDCI   MEDICAL ACTION INDUSTRIES                 13.3100   -1.6500  -11.34
TESTB  TEST SECURITY                            270.9600  -33.9400  -11.13
UNEWY  UNITED BUSINESS MEDIA PLC                  7.5000   -0.8100  -10.56
IC     ICICI LTD ADS                                5.71     -0.59  -9.53
DSWT   DURASWITCH INDUSTRIES INC                  8.0800   -0.8000  -9.14
TTES   T-3 ENERGY SERVICES INC                   10.0000   -1.0000  -9.09
_____________________________________________________________________

T H A N K   Y O U
_____________________________________________________________________

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Gerald,

Have we sent or received these executed contracts?

kim

 -----Original Message-----
From: 	Nemec, Gerald
Sent:	Friday, November 16, 2001 8:41 AM
To:	'"Avalos, Art" <AAVALOS@pnm.com>@ENRON'
Cc:	Fuller, Dave; Ward, Kim S (Houston)
Subject:	RE:

I am fine with the language.  We will prepare executables.

 -----Original Message-----
From: 	"Avalos, Art" <AAVALOS@pnm.com>@ENRON
Sent:	Thursday, November 15, 2001 3:20 PM
To:	Nemec, Gerald
Subject:	RE:

Gerald, I spoke with our lawyer Robert Clark and the following
is his additions to your language.  Please let me know if it
is acceptable. If so, please prepare executables and forward
for signatures.
Thanks  Art Avalos
"Notwithstanding anything to the contrary contained herein, this Section
4.4 shall only allow for offset, set off, or recoupment between Company
and Customer, but not between Company and Customer's PNM Gas Services division."
-----Original Message-----
From: Nemec, Gerald [mailto:Gerald.Nemec@ENRON.com << File: mailto:Gerald.Nemec@ENRON.com >> ]
Sent: Wednesday, November 14, 2001 4:19 PM
To: aavalos@pnm.com
Cc: Perlingiere, Debra; Fuller, Dave; Ward, Kim S (Houston)
Subject:
Art,  Per our phone conversation, attached is the revised language for
Section 4.4 of the Master Firm Agreement.  Please review and if
acceptable, we will prepare executables and forward for signature.
"Notwithstanding anything to the contrary contained herein, this Section
4.4 shall only allow for offset, set off, or recoupment between Company
and Customer, excluding Customer's PNM Gas Services division."
**********************************************************************
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.
**********************************************************************


The swing ticket for Beaumont Methanol "meter #1428" {#249208} expired June
30th.
 Bob Dorcheus indicated that  HPL should take the swing during July.

 Should  I expect another swing ticket to be negotiated for July ?

 Presently, the swing activity is hitting the "baseload" ticket {#314854}
which is 15.0/day.


call Cathy Dodgen - 36077


fyi
----- Forwarded by Steven J Kean/NA/Enron on 02/07/2001 07:33 AM -----

	Kalen Pieper@EES
	02/06/2001 03:45 PM

		 To: Steven J Kean/NA/Enron@Enron
		 cc: Elizabeth Tilney/HOU/EES@EES
		 Subject: TJ Glauthier

---------------------- Forwarded by Kalen Pieper/HOU/EES on 02/06/2001 03:44
PM ---------------------------

Mickey Townsell
02/06/2001 01:43 PM
To: Kalen Pieper/HOU/EES@EES
cc:
Subject: TJ Glauthier

Kalen,

I spoke with TJ today and he indicated that he is interested in talking with
Enron ; however , he and his spouse were taking off for a five week break
between jobs ( he said he had told Ken of his plans ). That he would like to
set something up in late March upon his return. I will call him and set  up a
date with him. We have a good lead time to get on the G9 calendars.

I will keep you updated.

MT
---------------------- Forwarded by Mickey Townsell/HOU/EES on 02/06/2001
01:37 PM ---------------------------

Kalen Pieper
01/31/2001 01:38 PM
To: Steven J Kean/NA/Enron@Enron
cc: Elizabeth Tilney/HOU/EES@EES, Mickey Townsell/HOU/EES@EES
Subject: TJ Glauthier

Steve,

Mickey Townsell has contacted TJ Glauthier, the former Deputy Secretary, and
is beginning exploratory interviews.  We will keep you posted on progess.
Please let us know if you need any further information.

Kalen


I attach a draft agenda for the first meeting of the Japan Working Group. I
will endeavour to phone each of you prior to the meeting to discuss your
thoughts on the Working Group, including what you want out of your
participation in the Group. I will be in E Power's office in Tokyo this week
if you would like to contact me. I look forward to speaking with you and to
the meeting later this week.

Nick O'Day


I still use this service


Hi Wilson,

I spoke with David Hunt, and he has no problem with you representing Enron
Power Marketing in the proposed transaction with Clarksdale and Yazoo City.
Please let me know if you  have any other potential conflicts.

Thanks,

Kay Mann


I apologize for not returning the call. I discussed the issue further with Melissa M. and Kimberly H.
I think we currently have two separate issues:
First:
Melissa and Kimberly H. I think would prefer to have one paragraph of settlement language to use on all power financial confirms (rather than the two current versions) so they could have a "one size fits all" description that still addressed the two types of deals - 1) deals less than one month and 2) deals one month and greater. Melissa - can you confirm if this is the idea behind what we discussed?
Second:
The language being used currently actually requires I invoice separately the two classes of deals (as specified above) - because the language we uses makes deals less than one month due on the fifth workday of the month and makes Month + deals due on the seventh business day because indices are not known until second workday.  Invoicing these types of deals separately would be more time consuming that any benefit that would result.  I have yet another challenge - I have a counterparty that demands their remittance period of five days starts over if the index is revised after original publication. Then I have Williams (who we exchange paper with - confirms are not signed) - who puts net 10 on all their deals. I really cannot come to a solution. I have only a handful of power counterparties - they end up doing both classes of deals - and the settlement date becomes a negoiation every month. This is the going to be the third month my department has been responsible for this area - so the whole situation is rather new. So at this time I think the probability of solving my problem is remote. So while I appreciate your offer of assistance - I am not entirely sure what to do. Given the other priorities I have right now - addressing these is going to be in the future for me.

I have not had an external request to change the language. I think the main request was from confirms and my issue(s) are secondary -  and for which I have no good solution.

I apologize for the long email - I am trying to do this from home to get caught up.
Thanks
Evelyn

-----Original Message-----
From: Shackleton, Sara
Sent: Tue 11/27/2001 1:21 PM
To: Aucoin, Evelyn
Cc: Hundl, Kimberly; Theriot, Kim S.
Subject: payment date for financial power transactions

Evelyn:

I left a voice mail for you in mid-November inquiring about your request for language in financial power confirms (same counterparty) for payment upon termination of deals rather than aggregation of multiple deals with payment at the end of a calendar month.  Credit is inquiring as to whether this request is internal or external.

Can you please call and explain the issues?

Thanks.

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


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/28/2000
02:39 PM ---------------------------

messageCenter@ms150.org on 04/28/2000 12:09:22 PM
To: <webmaster@ms150.org>
cc:
Subject: MS150 eNewsletter

Post-Tour eNewsletter

You did it! Another MS 150 has come and gone and we,ve already begun
preparing for next year. We were blessed with beautiful weather again this
year, although it was a little too warm on Sunday. On behalf of the Lone
Star Chapter of the National Multiple Sclerosis Society, thank you for
supporting the 2000 ISUZU MS 150 presented by The Home Depot!

Also, thank you for all of your calls, letters, and emails about the bike
tour. We,re still receiving a lot of positive feedback from riders saying
that this was the best MS 150 ever. We know you,re anxious to hear some
results, so here,s the latest:

 7,500 people registered (2,440 registered online at
www.ms150.org)
 Approximately 6,500 people actually rode (based on packets picked
up)
 Total online donations at www.ms150.org as of April 28 = $186,389
 Number of hits per day at www.ms150.org = 65,000 +
 We,re still collecting and processing pledges daily, so we don,t
know how much money we,ve raised yet. However, it looks like we,re well on
our way to raising $3 million, if not more! If so, this will be the first
time any MS bike tour has ever raised $3 million! Please help us by
getting all pledges turned in by May 19.
 We,re thankful and proud to announce that there were no serious
injuries on the Tour this year. Yes, we did transport one rider via
life-flight to Memorial Herman Hospital for precautionary measures, but he
was treated and released on Saturday evening and he was back in La Grange
by 9:00 p.m.! His brother rode the MS 150 as well, so he wanted to be
there for the finish. He suffered a broken rib and is reportedly doing
fine. All other riders were treated and released by Monday morning. Most
of the medical emergencies were heat related. As you know, it was very hot
on Sunday and people simply weren't staying hydrated.

There are so many people who make this ride happen ) most of which are
volunteers. We couldn,t do the ride without our wonderful volunteers so we
can,t say thank you enough. Over half the riders participate on a
corporate or social team and each has their own group of volunteers. We'd
like to thank each of you for everything you do; we know it's a lot of
hard work!

We,d also like to introduce and thank the rest of the staff of the Lone
Star Chapter of the National Multiple Sclerosis Society. You may have seen
them on the route and/or at the Expo on Friday:

Julia Hollis (VP, Client & Clinical Programs) ) luggage & bikes
Michael Staley (Client Programs Manager) ) luggage
Janna Caswell (Client Programs Manager) ) MS info booth
Joyce Alexander (Office Manager & voice of the Lone Star Chapter) ) MS
info booth
Lisette Garza (Client & Clinical Programs Coordinator, San Antonio) ) MS
info booth
Melinda Lober (Director of Community Development) ) volunteer check-in
Ilene Norden (Development Coordinator) ) La Grange Headquarters
Kathryn Noser (Special Event Manager) ) Lunch in Bellville and Bastrop
Will Rub (Director of Special Events) ) Parking at Finish Line
Kim Suiter (Director of Client & Community Programs, Austin) ) Finish Line
Vance Townsend (Information Systems & Technology) ) Lunch in Bellville and
Bastrop
Pat Bertotti (Chapter President) ) VIP tent, PR, Start, and La Grange
Presentation
Larry Massey (Executive Vice President Operating Officer) ) Accounting

Behind the scenes, our accounting and data entry departments work
diligently through the day and night entering new registrations and all
pledges that we,ve received. All registrations and pledges must be entered
by the Wednesday after the Tour so that we can mail pledge summary letters
on Thursday. Thanks to Brenda Chmiel, Lee Cartwright, Andrea Leday, Miles
Simmons, and Trang Bui who make this happen!

By now you should have received your pledge summary letter in the mail.
This letter indicates how much money you pledged, how much we received as
of April 17, and how much you owe, if any. Use the enclosed self-addressed
envelope to mail any remaining checks (DO NOT MAIL CASH). Make sure you
put the rider,s name on all checks.

If you raised over $400, then you qualify for one or more fundraising
prizes, as indicated in the letter. Please make sure that you CIRCLE your
choice on the invoice and return it to our office by May 19. We,ll order
the prizes at the end of May, once we,ve tallied everything up. If you do
not wish to receive a prize, then please CIRCLE DONATE BACK and return the
letter with any pledge money you have collected.

Please join us on June 28 at City Streets on Richmond Avenue near the
Galleria for a post-Tour Awards Party from 5:00 to 8:00 p.m. where you can
pick up your prizes. No prizes will be available before the party, except
the 2000 Commemorative Jersey. If you are unable to make it to this party
and you earned a prize or an award, then please make arrangements to pick
it up in our office AFTER the Awards Party. Our office is located in the
Medical Center near the Astro Dome: 8111 N. Stadium Drive Houston TX
77054.

If you live in or near Austin, then please join us for the Austin Awards
Party on Thursday, June 22 from 5:00 to 8:00 p.m. at Dave & Buster,s. We,
ll have the same prize distribution, team and individual awards, and more
at the Party. If you are unable to attend, you can pick up your prize at
the National MS Society,s Austin office AFTER June 28. Please call ahead
to verify that your prize will be there. The Austin office is located at
1601 Rio Grande Suite 445. You can reach them by phone at 512/495-9904.

If you're turning in over $2,000 or have already done so, please stop by
our office to pick up your 2000 ISUZU MS 150 commemorative, sublimated
jersey. The jerseys will also be available at the Awards Parties. To
receive a jersey, you must turn in $2,000 or more.

Believe it or not, we,ve already begun preparing for next year. Some of
you may have received a survey with your pledge summary. If so, please
take a few moments to complete the survey and return it along with any
remaining checks using the enclosed envelope. Your comments and
suggestions are helpful to us as we make improvements for next year,s
Tour. If you didn,t receive a survey, we,re still interested in your
comments, so please feel free to drop us a line.

We're gearing up for the 2000 MS 150 Bike to the Beach, a two-day bike
tour from San Antonio to Corpus Christi on September 30 and October 1.
This year we're offering free bus transportation from Houston and Austin
to San Antonio to the first 50 people registered. Hurry, seats are
limited. After the first 50 people, bus transportation is available for a
nominal fee. Early bird registration forms are already out; you should
have received one in your "goodie bag." To get another copy, please
contact us at 713.526.8967.

Stay tuned for future emails and website updates. Thanks again for coming
out this year, whether as a veteran rider, a first-time rider, a
volunteer, a sponsor, or just an on-looker. We look forward to seeing you
in June at the Award Parties!

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

The National Multiple Sclerosis Society ( one thing people with MS can
count on.

To unsubscribe from the mailing lists, please return to:
http://www.ms150.org/talk2listsignup.htm


Can you make this change and forward to  Phil?

C
---------------------- Forwarded by Chris H Foster/HOU/ECT on 12/12/2000
04:12 PM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  ptuohy@wm.com                           12/12/2000 03:56 PM

To: mofriel@wm.com
cc: Chris.H.Foster@enron.com, wcarlson@wm.com
Subject: Waste Management Draft Swap

Please note the fixed price payor and the floating price payor are reversed in
this draft.  Enron will send us a corrected copy.
---------------------- Forwarded by Phil Tuohy on 12/12/2000 07:04 PM
---------------------------

From: Chris.H.Foster@enron.com on 12/04/2000 04:18 PM CST

To:   Phil Tuohy@WMI, George Woodward@WMI
cc:
Subject:  Waste Management Draft Swap

---------------------- Forwarded by Chris H Foster/HOU/ECT on 12/04/2000
02:17 PM ---------------------------

Melissa Ann Murphy
12/04/2000 02:16 PM

To:   Chris H Foster/HOU/ECT@ECT
cc:   Tracy Ngo/PDX/ECT@ECT
Subject:  Waste Management Draft Swap

(See attached file: waste management draft swap.doc)

Hi Chris,  Let me know if you need anything else.

Thanks,
Melissa
(713) 853-1886
(See attached file: waste management draft swap.doc)

 - waste management draft swap.doc


F:\Artists and Estates\Butterfield, Deborah\Butterfield.jpg
 - Butterfield.jpg


On July 1st, Project Apollo and Beyond launched its final SAP implementation.
Enron now has an integrated, common financial, human resources, procurement,
and project management system throughout the majority of Enron's businesses.
By far Enron,s largest SAP implementation, this &go live8 added approximately
8500 new users ) raising the total user population from Apollo and Beyond
implementation efforts to over 13,000 Enron employees and contractors.

A highlight of this implementation was the rollout of eHRonline, an
intranet-based system that enables individuals to manage their personal
information and time management activities plus view their pay information
and benefit elections.  This new system gives the power and capability for
managing your information to the person who knows the most about it ) YOU!

The Apollo and Beyond solution will yield savings of over $30 million per
year plus provide increased speed and accuracy of information.  Once
post-implementation efforts have been successfully completed, the focus will
turn to system support, enhancements, and additional projects to help
leverage Enron's SAP system for increased growth and profitability.

Many thanks to the HR, financial, project and procurement communities for
their efforts towards the vision of +One Enron,!

For questions or assistance, please contact Enron,s SAP support organization
at 713-345-4SAP.


---------------------- Forwarded by Andrea Ring/HOU/ECT on 01/08/2001 01:29
PM ---------------------------

	From:  Jared Kaiser                           01/05/2001 12:36 PM

To: Andrea Ring/HOU/ECT@ECT
cc:
Subject: Home Depot Dabacle

---------------------- Forwarded by Jared Kaiser/HOU/ECT on 01/05/2001 12:36
PM ---------------------------

Tricia Spence
01/05/2001 08:55 AM
To: Joe A Casas/HOU/ECT@ECT, Scott Loving/NA/Enron@ENRON, Jared
Kaiser/HOU/ECT@ECT, Dan Junek/HOU/ECT@ECT, Scott Hendrickson/HOU/ECT@ECT,
Jesse Villarreal/HOU/ECT@ECT, Sabra L Dinari/HOU/ECT@ECT, Lia
Halstead/NA/Enron@ENRON, Christina Sanchez/Corp/Enron@ENRON
cc:
Subject: Home Depot Dabacle

---------------------- Forwarded by Tricia Spence/HOU/ECT on 01/05/2001 08:53
AM ---------------------------

	From:  Molly Sumrow                           01/05/2001 08:50 AM

To: lesteves@swbell.net, stevesj@oceusa.com, chris_sumrow@kindermorgan.com,
Beverly Beaty/HOU/ECT@ECT, Meredith Homco/HOU/ECT@ECT, Jim Homco/HOU/ECT@ECT,
Tricia Spence/HOU/ECT@ECT, Victor Lamadrid/HOU/ECT@ECT, Katherine L
Kelly/HOU/ECT@ECT
cc:
Subject: Home Depot Dabacle

This is a riot!

Molly
---------------------- Forwarded by Molly Sumrow/HOU/ECT on 01/05/2001 08:46
AM ---------------------------

"John Coyle" <John.Coyle@diamondcluster.com> on 01/04/2001 03:38:10 PM
To: james.whitehead@enron.com, patrick.scales@enron.com,
carrie.slagle@enron.com, molly.sumrow@enron.com, kristin.cantu@enron.com
cc:
Subject: home depot dabacle

(See attached file: home_depot_darwin.doc)
 - home_depot_darwin.doc


-----Original Message-----
From: 	CCA

We are willing to sit at the table and negotiate.  SADIST has pushed us to the brink!  We have infiltrated the SADIST camp and know are in possession of a toaster, AND blender.  We have joined sides with EPLF to demand that our paper supply stays in high demand.  If our demands are not met by the end of today, we will be forced to sign over all our Enron stock options to your organization.  This will cause your organization to implode!!

CCA (Crumb Crunchers of America)

-----Original Message-----
From: EPLF
Subject: FW: Paper Situation

EPLF now declares a jihad on the SADIST infidels and the University
of Miami football team.  PS  Don't bother freezing our assets, Enron
already did that...

EPLF

-----Original Message-----
From: SADIST
Subject: FW: Paper Situation

We will never negotiate with toaster terrorists!  We will eat raw bread forever rather than turn over a single sheet of paper - or even a single chad - to those who would resort to such extortion.  If we give in now, we will only encourage such acts in the future.  First our microwaves, then our filtered water dispenser, then our refrigerators will become targets of these evil doers.  Rather, we will hunt down those responsible for this dastardly act, and bring them to justice or justice to them.  We will also go after any department supporting the evil doers as well as anyone who partakes of bread (or Eggos or pop tarts) toasted in the purloined appliance!

EPLF -- you're TOAST!!!!!

Small Appliance Defenders In Support of Toasters  (SADIST)

-----Original Message-----
From: The EPLF
Subject: RE: Paper Situation

We have your toaster!!!  You'll get it back when our demands are met.
Leave 4 boxes of 8 1/2 x 11 paper (no damn 3 hole punch paper either)
under the TV on the west end of the 39th floor and you'll be toasting
away within a few hours.  This isn't from Craig; we've hacked into his
email...

Enron People's Liberation Front (EPLF)...

-----Original Message-----
From: Green, Alma

Getting paper for the floor is out of my hands.  I have had three calls this morning plus a note left on my desk to order paper.
Donna Scott is working with the mail room.

Our toaster that Rick Dietz bought when we moved down here is missing this A.M.  Has been reported to Facilities who will report to Security.  If anyone knows anything, would you please let me know!

	Tnx, Alma G.