For your information:

Through a Capitol contact, I have learned that SCE is holding an energy
briefing for legislators and legislative staff next Wednesday when members
are back in town.  I have been promised to receive any materials that will
have been passed out at the briefing.

Karen and I, and IEP member company lobbyists, agreed at the lobbyists group
meeting two weeks ago that the best way to get across our message was
individual meetings with legislators.  We will have an opportunity to
discuss this further if you like when we talk about larger legislative
issues at Monday's Board meeting.

ALSO, Senator Burton held a press conference today and spent most of the
time talking about energy.  A media contact informed me that Burton's main
point was that all proposals are on the table, including the laundry list of
possible solutions circulated by Peace and the Governor's office.

Julee Malinowski-Ball
Senior Associate
Edson+Modisette
916-552-7070
Fax- 552-7075
jmball@ns.net


Thanks for your interest.  Of course I remember our conversation.  By now I'm
sure you know you are on our interview list.  (If I told you prematurely, use
it to your advantage somehow with your friends.)  I've contacted one of our
head broadband marketers to set up an introduction, and see where this goes.
It's a great idea, and you should hear back from me shortly, when David
responds to me call.

Best regards,

Jeff

P.S.  Please call me Jeff--I'm not some grey haired old dude, but I
appreciated your being professional in your first email to me.

"Zac Costello" <zacostel@sas.upenn.edu> on 09/29/2000 12:29:36 PM
To: <jeff.shankman@enron.com>
cc:
Subject: ESPN Classic Sports

Dear Mr. Shankman,
? How are you doing? We met last week at the  undergraduate Enron
presentation and discussed the possibility of an Enron/ESPN  deal that would
enable television viewers to order old sporting events over the  television
(similar to the Blockbuster deal). You told me to send you an email  around
this time to follow up, so I can find out who to contact to get the ball
rolling. Thanks again for taking the time to listen to my idea.
?
Sincerely,
Zachary Costello


CONGRATULATIONS!!!
PAT JOHNSON is the winner for +The Name This Newsletter Contest,.  It was a
close call. After receiving over 50 great ideas, the PR Dept had a tough time
narrowing the list to the top ten for Mark Frevert,s final decision.  We,d
like to thank everyone who submitted suggestions and a special thanks to Pat
Johnson for sending in the winning name EnTouch.

BUSINESS HIGHLIGHTS

EGM Coal & Emissions
The November and December NYMEX market remains very tight.  Offers in the OTC
market have climbed to the low $40s.  The highest reported trade for December
was reported at $38.50.   The tightness should continue through the first
half of the year  with the Martin County mine still shut down.  The rest of
the year remains strong piggy backing off of the current spot market.

Finally--Life beyond the 150 to 155 range--vintage year 2000 SO2 allowances
broke out of this trading range this week.  The low trade was around $119.50
and the last trade was around $120.50.  The sharp drop in prices was caused
in large part by the news of Dominion Virginia Power settling the New Source
Review lawsuit brought against it by the state of NY and the EPA Continuing
rumors of further NSR related settlements will likely create continued
volatility.  It is as yet unclear what the new price floor will be.

NOx has settled down a bit with last trade 2001 vintage of $675.

Principal Investments
Solo Energy Corporation, an Alameda, California based developer of Wireless
Energy microturbine products to supply superior on-site energy service to
U.S. commercial and light industrial customers, announced that Enron North
America has completed an equity investment in Solo Energy as well as entered
into an alliance agreement.

In exchange for warrants to purchase the Company,s preferred stock, Enron
will assist in obtaining fuel contracts to support the Company,s distributed
generation contracts, including the provision of gas and backup electricity,
and will work with the Company to support its market and gas technology
research.

NEWS FROM THE GLOBALFLASH

EnronCredit.com
On Halloween, Enron Credit.com hit the City of London last Tuesday. As an
original PR stunt, the EnronCredit.com team organized a Grim Reaper with two
female vampires to distribute candy carrying the message, "Corporate
bankruptcies are on the increase and could be your worst nightmare. You can
protect your company and sleep well at night". Locations for the distribution
of 5,000 packs of candy were Bank, Broadgate and Canary Wharf. The general
feedback and reaction of people was positive. Photos of the event will be
available on the EnronCredit.com site.

Enron Japan Corp.
Enron is powering ahead in Japan following the official launch of Enron Japan
Corp. in Tokyo last week.  In keeping with Japanese tradition, Ken Lay, Joe
Hirl, Ken Rice and Mike McConnell donned "happi coats" - a sort of short
kimono - and used ceremonial hammers to break the lid of a wooden cask of
sake in front of an audience of 350 drawn from major companies and
government.  Enron has made an immediate impact already by offering eligible
consumers 3-5 year contracts with immediate savings of up to 10 percent in
the first year.   View the Japan website at www.enron.co.jp  [No worries,
it's in Japanese and English ...Ed]

There are 35 Enron employees in the Tokyo office including an Enron Metals
team.  EBS will be staffing up there over the coming months.

Nordic energy agreement with UPM-Kymmene
Enron Nordic Energy and UPM-Kymmene Corp. have signed a two-year portfolio
management agreement covering UPM Kymmene's Nordic power portfolio. The
Mid-Market desk in the Oslo office will assist UPM in optimising its
portfolio of approximately 14 TWh. energydesk.com will provide UPM with the
risk management system used in the process. In addition, the agreement opens
the door for Enron Energy Services to explore a variety of opportunities
within the company. The Nordic agreement is the first step towards a broader
scope of co-operation with UPM on a European and Global basis. The total
contract value is estimated to be $375 million.

UPM-Kymmene's nominal electricity resources total about 3000 MW, of which
2500 MW in Finland and about 500 MW in other countries. The group's power
procurement totals approximately 18 TWh per year, of which about 14 TWh in
Finland. Around 15 TWh/a is consumed by the group's own mills and the rest is
sold to the market.

http://www.upm-kymmene.com
http://www.upm-kymmene.com/upm/energy/energybuild.html

The deal was led by Sami Tenngren - Nordic Mid-Market, and was supported by
Magnus Groth - EES, Jukka Hormaluoma - energydesk.com, and Martin Rosell -
Legal.

Congratulations on a job well done to all those who worked so hard to put
this transaction into place........Thor Lien.

Australia
Despite heavy flooding in NSW, the weather is looking up for Enron
Australia.  Last week, the Sydney Office launched online Hong Kong weather
derivatives  and the Sydney weather node traded on EnronOnline in the US time
zone.  With this precedent, we hope to support the takeoff of global weather
on EnronOnline.

The Coal Group in Sydney has suddenly become very popular. There is no doubt
that a recent sale to AES for the plant at Barbers Point, Hawaii is the real
reason.  Coal purchases during year 2000 have been concluded with most major
producers in Indonesia and Australia.  We will soon be loading our first
shipment from China. Deliveries to Nippon Steel in Japan are underway. Also,
a shipment to a large power utility in Japan will take place in early 2001.

Off-shore wind plans
Enron has entered into agreement to purchase the development assets of a 30
MW offshore wind project in the UK.  The Harwich project, situated in
Gunfleet Sands approximately eight kilometres offshore in the North Thames
Estuary is believed to represent one of the first serious investments in the
development of offshore wind energy in the UK.

ENRONONLINE STATISTICS

Below are the latest figures for EnronOnline as of November 27, 2000.

* Total Life to Date Transactions> 464,000
* Life to Date Notional Value of Transactions > $263 billion

NUGGETS & NOTES

"How does your earnings target look for the quarter?" ) Brent Price,
VP/Operations & Chief Accounting Officer for EGM

"Always price the illiquidity risk premium appropriately!" ) Doug Friedman,
Director of Financial Petrochemicals and Plastics

What people say to Julie Gomez,VP/Upstream Services-ENA - "I heard your laugh
clear across the floor!!!"

IN THE NEWS

"The uncertainty [of the presidential election] does not influence business.
It is a relatively short-term distraction. Our business model has not changed
and will not change as a result of the election because we've worked very
well with both the Clinton/Gore administration in Washington and the Bush
administration in Texas."
-- Mark Palmer, vice president of Enron Corporate Communications, Associated
Press

"The name of Enron may be unfamiliar in Japan, but it should not stay that
way for long.........Joseph Hirl, president of Enron Japan, says: "We don't
go in and try to destroy markets - we go in and create them."  Some of the
company's potential customers and business partners may still need to be
persuaded of that, but Enron has a large stock of experience to reassure
them".---Financial Times

WELCOME
New Hires ENA/EIM/EGM
ENA ) Lydia Atwood-Minter, Kenneth Thibodeaux, Lacye Trevino-Brymer
EGM )Humaira Badat, Daiquiri Lucas

Transfers to ENA/EIM/EGM
ENA ) Trinh Abrell, Terri Austin, Guillermo Balmaceda, Eric Booth, Robert
Chmielewski, Joyce Dorsey, Sharon Gonzales, Laura Gutierrez, Scott Healy,
Dawn Kenne, Robert Kraszewski, Sandra Morris, David Porter, Daniel Quezada,
Henry Quigley, Steven Rose, Felecia Russell, Mary Symes, Dan Williams,
Rosalinda Zermeno
EGM ) Braedi Craig, Scott Baukney, Samantha Davidson, David Loosley, John
Massey, Diana Monaghan, Adam Siegel, Ioannis Tzamouranis

LEGAL STUFF

The information contained in this newsletter is confidential and proprietary
to Enron Corp. and its subsidiaries.  It is intended for internal use only
and should not be disclosed


FYI.  Discouraging first response from Governor's office.  More
tomorrow.  Marybeth
 - tyson_to_davis.doc


Do we have someone who works for us now who was at Transredes when the
government owned it and could help us do a comparison between our respective
environmental records?  It seems to me that even though we are having our
share of problems, we have probably had fewer problems than the government
did and have probably been more responsive and thorough in our clean up
efforts.   Obviously, we would need to be judicious about how we used such
information (we don't want to aggravate the government), but having such an
analysis may be helpful in showing the progress made and in discouraging
overly punitive action by the government.  What do you think?


John:

Below are the LDC points for Detroit Cold Roll.  I hope this helps.  If not,
please let me know and I'll forward back to Tony.  Thanks for your help again.

Ken
---------------------- Forwarded by Ken Sissingh/Corp/Enron on 11/28/2000
09:26 AM ---------------------------

"Tony Wilson" <twilso2@bellatlantic.net> on 11/28/2000 09:12:35 AM
To: "Ken Sissingh" <ken.sissingh@enron.com>
cc:

Subject:

Dear Ken,

I spoke to Michcon regarding their gas city gates.

They have over 100 connection points in the state. The nearest ones to
Gibraltar (although they will transport it from anywhere because the gas
loses its identity when it is mixed with other gas
already in the pipes) are:

Panhandle.... River Rouge
ANR...........Willow Run
Great Lakes Transmission....Belle River

I am still arranging to get the Pickling invoices. How many months do you
need?

Regards

Tony Wilson


Dear Haas Community,

Friday, July 13th, 2001, between 5:00 PM and midnight, several servers
will be shut down so a Dell technician can install upgrades to the Haas
Storage Area Network software and firmware.  These upgrades will permit
expanding our data storage to meet your growing needs.  The servers
affected will include the NT web server WEB, the file servers HCS-DATA and
HCS-DATA2, and the logon profile server HCS-MASTER.

While WEB is down, web access to all NT based Web sites, including the
EDULINK Career Services, Registration, and Admissions modules, Reserve,
Event Center, group sites, course sites, and Helpdesk will be interrupted.
While HCS-DATA , HCS-DATA2, and  HCS-MASTER.   are down, logon to the  Haas
NT domain will not be very slow, and roaming profiles and home directories
will not be available.

Email services should not be affected.

As always,  should you experience any problems with computing services
following the maintenance, please contact the information desk in the
Computer Center, or helpdesk at http://helpdesk.haas.berkeley.edu, phone
510/642-0434.  Please note that Helpdesk is not manned evenings and
weekends.  Requests for help logged during the weekend will be responded to
Monday morning.

Your patience is greatly appreciated.

Thank you.

-----------------------
Haas Computing Services


No
Yeung + Lindberg are gone
--------------------------
Jim Steffes
Enron


Kevin, I am not sure that you will get credit from the buyer for the
increased MW's given well known industry issues with the 501F technology.
Further, any buyer will pay based upon 90 degree output which is the same in
any case (ie) increased output only helps when ambient temperatures are lower
than 90 degrees at site.  Likely the buyer will run any spread option value
or multiple value based on 90 degree output.

I may be wrong but it is also my recollection that this is a warranty issue
rather than a true output issue (ie) we could increase the MW's at any time
but we would likely run into warranty issues with Westinghouse.  Given that
the warranty expires in less than twelve months, what value do we really
get.  Would it not be better to get the maximum amount of hard dollars out of
Westinghouse rather than an increase in output which will only be guaranteed
for a limited amount of time and likely will not be paid for by a buyer.

The thought process on the EECC side is for them to find overhead and cost
savings to fund their fee ($9.0M) rather than further increase to the capital
cost of the facilities.  As well, given current accounting language, any fee
we pay will have to be expensed to current earnings rather than capitalized
so I would like to find ways for this to be self financing.

My knowledge on this one is rather cursory - can you guys work this out and
adjust tactics with EECC as necessary.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 09/25/2000
10:02 AM ---------------------------

	Enron North America Corp.

	From:  Kevin M Presto                           09/25/2000 09:12 AM

To: David W Delainey/HOU/ECT@ECT
cc: Mike J Miller/HOU/ECT@ECT, Ben Jacoby/HOU/ECT@ECT, Mitch
Robinson/Corp/Enron@Enron, Don Miller/HOU/ECT@ECT
Subject: Westinghouse LD's for Gleason/Wheatland

Given the probable sale of these 2 facilities, I would like clarification on
the LD proceeds from Westinghouse.  See questions/points below.

1)  Izzo has claimed that you (Delainey) has agreed to pay EE&CC for
construction services in the form of Westinghouse LD payments.  Is this
correct?
2)  I am concerned that EE&CC will settle for cash payment from Westihnghouse
(Heat Rate & Schedule penalties) rather than increased output.
3)  Given a sale at $450/kW, increased output is worth $5 million vs. the
$1-2 million we would collect for schedule and Heat Rate LD's.
4)  My recommendation is to trade the HR and schedule shortfall for increased
output at Gleason to maximize total Enron profitability.

From ENA's perspective we should collect the schedule penalty at Wheatland
only and insist on the 12 MW additional output at Gleason.  This combination
provides the best value to Enron.

If Izzo's form of payment for the construction jobs is Westinghouse LD's,
then he will be motivated to recieve cash payment.  Please provide me the
necessary feedback to ensure that we do the right thing for Enron.

Thanks Dave.


IntercontinentalExchange
                                                                                Firm Physical Natural Gas Price Bulletin
                                                                                For Natural Gas Delivered on Saturday, October   27, 2001 thru Monday, October   29, 2001
                                                                                (Trade Date of Friday, October   26, 2001)
Click here to access index history .
                                                                                * volume represents sell-side only *

Region     Hub	High	Low	Wtd Avg Index	Change ($)	Vol (mmBtu)	Hub Name
 LOUISIANA
    ANR SE	          $3.0700	          $2.9800	          $3.0139	-    .1067	         667,500	American Natural Resources Pipeline Co. - SE  Transmission Pool
    Columbia Onshore	          $3.0900	          $3.0050	          $3.0530	-    .0677	         438,300	Columbia Gulf Transmission Co. - Onshore Pool
    Henry Hub	          $3.1100	          $3.0000	          $3.0478	-    .0936	       4,043,400	Henry Hub tailgate - Louisiana
    NGPL LA	          $3.0400	          $2.9400	          $2.9948	-    .1135	         716,100	Natural Gas Pipeline Co. of America, Louisiana Pool
    Tenn 500L	          $3.1750	          $3.0150	          $3.0430	-    .1074	         636,900	Tennessee Gas Pipeline Co.-Zone L, 500 Leg Pool
    Tenn 800L	          $3.0450	          $2.9800	          $3.0225	-    .1136	         302,100	Tennessee Gas Pipeline Co.-Zone L, 800 Leg Pool
    TETCO ELA	          $3.0850	          $3.0100	          $3.0494	-    .1185	         710,100	Texas Eastern - East LA
    TETCO WLA	          $3.0600	          $2.9900	          $3.0244	-    .1228	         106,500	Texas Eastern - West LA
    Transco 65	          $3.1250	          $3.0600	          $3.0950	-    .0917	         286,800	Transco - Station 65
    Trunkline ELA	          $3.0500	          $2.9800	          $3.0124	-    .1426	         193,500	Trunkline Gas Company - East Louisiana Pool
    TxGas SL	          $3.0400	          $3.0100	          $3.0272	-    .0804	         340,200	Texas Gas Transmission Corp.-Zone SL FT Pool
 MIDCONTINENT
    MichCon, citygate	          $3.2800	          $3.1500	          $3.2180	-    .1793	         465,000	Michigan Consolidated
    NGPL Midcont	          $2.9700	          $2.8400	          $2.8770	-    .1748	         533,100	Natural Gas Pipeline Co. of America, Mid-Continent Pool
    NGPL Nicor, citygate	          $3.2000	          $3.0900	          $3.1331	-    .1582	       1,325,400	Natural Gas Pipeline Co. of America, Nicor Citygate
    NGPL NIPSCO, citygate	          $3.1750	          $3.1000	          $3.1270	-    .2090	         160,500	Natural Gas Pipeline Co. of America, Nipsco Citygate
    NNG Demarcation	          $3.0300	          $2.9400	          $2.9708	-    .2654	         841,500	Northern Natural Gas, Demarcation Pool
 NORTHEAST
    Columbia TCO	          $3.5150	          $3.3350	          $3.4015	-    .0745	       1,374,300	Columbia Gas Co. - TCO Pool
    Dominion So.Point	          $3.4450	          $3.3800	          $3.4061	-    .0991	       1,158,000	Dominion - South Point
    TETCO M3	          $3.5000	          $3.4000	          $3.4278	-    .2013	         578,700	Texas Eastern - M3 Zone
    Transco Z-6 (NY)	          $3.6700	          $3.5000	          $3.5662	+    .0203	         797,700	Transcontinental Gas Pipe Line Corp. - Zone 6 (NY)
 WEST
    El Paso non-Bondad	          $2.6400	          $2.4200	          $2.5350	-    .3942	         669,000	El Paso - San Juan Basin, Blanco Pool
    Huntingdon/Sumas	          $2.6600	          $2.5500	          $2.6000	-    .3133	         417,600	Westcoast Energy & Northwest Pipeline Corp.
    Opal	          $2.5400	          $2.3900	          $2.4346	-    .4758	         210,000	Opal
    PG?Citygate	          $2.8200	          $2.6600	          $2.7522	-    .4946	         351,000	PG?- Citygate
    SoCal Border	          $2.8900	          $2.7650	          $2.8306	-    .2531	         188,400	Southern California Border Points (Ehrenberg,Topock,Needles)
 WEST TEXAS
    El Paso - Keystone	          $2.8500	          $2.6700	          $2.7158	-    .2735	         882,900	El Paso - Keystone Pool
    Waha	          $2.8900	          $2.7550	          $2.8024	-    .2190	         477,600	Waha Hub - West Texas

                                                                                Includes all firm physical fixed price trades done from 7 AM to 11:30 AM Central Prevailing Time on the trade date specified for natural gas delivered on the specified date(s).
                                                                                IntercontinentalExchange is the world's most liquid trading platform for over-the-counter energy and metals.  Active markets include North American power and natural gas, global crude and refined oil products, and precious metals.  Traded instruments include forwards, swaps, and options.
In order to receive the proprietary information contained in this email, you acknowledge and agree that you shall not further disseminate the IntercontinentalExchange Market Data contained herein to any person or entity without the express written consent of IntercontinentalExchange.    Furthermore, you acknowledge that (1) IntercontinentalExchange has exclusive and valuable property rights in this data; (2) IntercontinentalExchange's data is being made available to you only for your own business or personal activities; and (3) you cannot communicate the data, in any form, to any other person or entity without the express written consent of IntercontinentalExchange.
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To become an Exchange Participant or inquire about the indices, please contact sales@intcx.com .
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                                                                                ?Copyright IntercontinentalExchange, Inc. 2001, All Rights Reserved.


Good morning,

Just a heads up to let you know that there is a new product type awaiting
your approval (currently "Partially Approved") in EnronOnline Datamanager. It
is an Australian power financial spread product (#2001) and will be an
inter-regional spread using the existing financial power swap products i.e.
VIC, SA, NSW & QLD peak & flat products as the underlying contracts.

Our senior legal counsel in the Sydney office, David Minns, has indicated
that the existing GTC for Australian power products (see attached) can also
be used for this new product type.

I would appreciate it if you could review this as soon as possible. Please
let me know if you require anything further.

Note, a sigma factor (4.07) has been assigned by RAC which will be amended
after the product type has been approved.

Regards,

Justin Timothy
PCG - Sydney


Just wanted to confirm you received the package I sent you on wednesday.

Chirs Dorland
403-974-6910


Quentin,

Thanks for your message. We are always looking for new employees
with the right skills.

Please, send me your resume and I shall determine what is the best
way to arrange an interview. We can interview you in Sydney and then
bring you to Houston for another round of interviews.

Vince

"qkerr" <qkerr@maths.uq.edu.au> on 07/30/2000 07:20:28 PM
To: "Vincent Kaminski" <vkamins@enron.com>
cc:
Subject: message 1

Dear Dr. Kaminski

This is Quentin Kerr from Australia, I just came back from the Sydney's
conference. Glen Dixon has told me that you are interested in my work. It is
always my honor to work with you. I am currently a PhD student at the
mathsmatics department of the university of Queensland (aiming to finish my
thesis at the end of this year). My research interest is financial
mathematics, in particular, energy market modeling and derivatives pricing.
Now I send you copies of my first paper (submitted to the Applied
mathematical finance) and my talk (the full version of the academic paper
will be available in 2 weeks). Any comment will be appreciated.

PS: attached with the talk at the conference.

Best regard
Quentin

---------------------------------
Quentin Kerr,                            email: qkerr@maths.uq.edu.au
Room: 67-622                          Tel: (07)33461428
Department of Mathematics,  The University of Queensland

 - con1.ppt


Welcome to enerfax.comEnter Here

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Attached is a revised Credit Watch listing for the week of 10/01/01.   Please note that Nevada Power Company, Sierra Pacific Power Company and Upstream Energy Services Company, LLC were all placed on Credit Watch this week for "CALL CREDIT".  Granite City Steel, a division of National Steel was placed on "NO TRADES".
If there are any personnel in your group that were not included in this distribution, please insure that they receive a copy of this report.
To add additional people to this distribution, or if this report has been sent to you in error, please contact Veronica Espinoza at x6-6002.
For other questions, please contact Jason R. Williams at x5-3923,  Veronica Espinoza at x6-6002 or Darren Vanek at x3-1436.


NETWORK WORLD NEWSLETTER: PHIL HOCHMUTH
on LINUX
10/17/01 - Today's focus: Limitless Linux clustering

Dear Wincenty Kaminski,

In this issue:

* Unlimited Scale unleashes Unlimited Linux
* Links related to Linux
* Featured reader resource

_______________________________________________________________
SO, WHAT DO YOU THINK?
Give us your opinion on 5 different banner advertisements
and enter to win $500! Take the Banner Concepts survey at
http://www.rresults.com/bannerconcept/index.cgi

_______________________________________________________________
Today's focus: Limitless Linux clustering

By Phil Hochmuth

Unlimited Scale, a Minnesota-based computer firm, recently
announced a new iteration of Linux, which it says can scale
Linux clusters into the tens of thousands.

Unlimited Linux is the name of the product, and the company has
partnered with Compaq to help deliver large-scale Linux
clusters on Compaq's line of Alpha-based PC servers and
workstations.

According to Unlimited Scale, Unlimited Linux product can be
used to build and manage large-scale, Linux supercomputing
clusters.

The software behind Unlimited Linux was built on a morphed
version of Linux developed by the Sandia National Laboratories
in New Mexico, which runs one of the largest Linux
supercomputer clusters in the world (see "Don't think
'Lintel,' Part 2: Supercomputing with Linux on the Alpha,"
http://www.nwfusion.com/newsletters/linux/2000/0605linux1.html)

The Sandia Lab cluster - called Cplant - has 2,500 Compaq Alpha
nodes in its Linux cluster, which is used to run high-powered
mathematical modeling applications, such as the simulation of
nuclear or biological war scenarios.

Unlimited Linux consists of a standard Linux distribution,
which runs on top of a proprietary software layer based on
Sandia's Cplant clustering code. The code helps tie together
the thousands of nodes in a cluster into a single system image.

Specifics on Unlimited Linux availability and pricing will be
released next month.

_______________________________________________________________
To contact Phil Hochmuth:

Phil Hochmuth is a staff writer for Network World, and
a former systems integrator. You can reach him at
mailto:phochmut@nww.com.
_______________________________________________________________
RELATED EDITORIAL LINKS

Unlimited Scale
http://unlimitedscale.com

Compaq Alpha Linux products
http://www.compaq.com/alphaserver/linux/support_options.html

Breaking Linux news from Network World and around the 'Net,
updated daily: http://www.nwfusion.com/topics/linux.html

Archive of the Linux newsletter:
http://www.nwfusion.com/newsletters/linux/index.html
______________________________________________________________
FEATURED READER RESOURCE

Audio Primers

Are you behind on the basics of technologies such as ATM, IP
Multicast and VPNs? Check out our library of audio primers -
quick explanations of networking topics and technologies,
including IPv6, SANs and DSL vs. cable. These less-than-10-
minute primers will not only explain how these technologies
work, but they'll also show you through slides and diagrams.
http://www.nwfusion.com/primers/index.html
_______________________________________________________________
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------------------------
This message was sent to:  vkamins@enron.com


That concept works for me.

Jim

>>> <Debra.Perlingiere@enron.com> 10/09 11:32 AM >>>

 Further to our discussion regarding Article 5. Force Majeure, we will
agree to the option to terminate the Transaction after the 60 day period
provided damages if any as stated in Article 3. have been paid plus the
termination payment.

Let me have your thoughts.

 Debra

    -----Original Message-----
   From:   "Jim Hunt" <JHunt@nicor.com>@ENRON
             [mailto:IMCEANOTES-+22Jim+20Hunt+22+20+3CJHunt+40nicor+2Ecom+3E+40ENRON@ENRON.com]

   Sent:   Friday, September 28, 2001 5:14 PM
   To:     Perlingiere, Debra
   Subject:  Re: Master Draft

   Debra:

   Attached  for your consideration is a "redlined" revised draft of the
   above-referneced Agreement highlighting Nicor Energy's proposed
   modifications.  Please give me a call after you have had an opportunity
   to review the suggested revisions.

   Thanks,
   Jim

   James M. Hunt
   1844 Ferry Road
   Naperville, IL  60563
   T:  (630) 983-8676 ext. 2257
   F:  (630) 983-0481
   E:  jhunt@nicor.com

   >>> "Perlingiere, Debra" <Debra.Perlingiere@ENRON.com> 09/28 1:47 PM >>>
   As discussed, please see the attached.

     <<Nicor Enerchange.doc>>

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

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

    - Nicor Energy - Enron Master 9.28.01.doc << File: Nicor Energy - Enron
   Master 9.28.01.doc >>


per my voicemail
---------------------- Forwarded by Steven J Kean/NA/Enron on 05/25/2001
01:33 PM ---------------------------

"Wenner, Adam" <awenner@velaw.com> on 05/25/2001 09:28:18 AM
To: "Kean, Steven (Enron Corp.)" <skean@enron.com>
cc:

Subject: Governor Davis' Power Grab

Steve - per my voicemail, before we released this article that I prepared,
we wanted to run it by you to make sure that Enron is comfortable with it.
Thanks, Adam.
          ++++++CONFIDENTIALITY NOTICE+++++
The information in this email may be confidential and/or privileged.  This
email is intended to be reviewed by only the individual or organization
named above.  If you are not the intended recipient or an authorized
representative of the intended recipient, you are hereby notified that any
review, dissemination or copying of this email and its attachments, if any,
or the information contained herein is prohibited.  If you have received
this email in error, please immediately notify the sender by return email
and delete this email from your system.  Thank You
 <<143590_1.DOC>>

 - 143590_1.DOC


Lane,

Thanks. I shall attend. Please, attach the list
of the current members of the committee.

Vince Kaminski

 -----Original Message-----
From: 	Darcie Champagne <dchampagne@uh.edu>@ENRON
Sent:	Monday, November 12, 2001 6:42 PM
To:	vkamins@enron.com
Subject:	Energy Committee Members

Just a quick reminder that the first meeting of the Energy Committee will  be this Wednesday from 5pm-7pm at the Bauer College of Business- Melcher Hall in  the AIM Center Board Room.

Also Attached is  the current members of the committee.   We are in discussion with some other key companies and expect possibly a  few more people at our session.   Look forward to seeing you there.

Lane Sloan
_____________________________________________________

 - Energy Committe Note.doc << File: Energy Committe Note.doc >>


Hi David,
I have version 10.1 of SPSS and would like to renew or get 11.

Doug

At 05:20 PM 10/24/2001 -0500, you wrote:
>I need to coordinate our order for SAS and SPSS both renewals and new
>orders.  These are on a university license and each one costs about $80 per
>license.  The charge will be passed on to your research account.
>
>Those of you with existing SAS installations, your version will keep
>working until December.  At that time it will stop working unless renewed.
>
>SPSS is coming out with a version 11 and I have asked Mudd to let me know
>when that is available.
>
>If you 1) need either of these packages now for a fresh installation or 2)
>plan on renewing the software that you currently have installed, please let
>me know.
>------------------
>David Kilgore               Jones Graduate School - Rice University
>kilgore@rice.edu          6100 S. Main - MS 531
>713-348-5378               Houston, TX 77005

Doug Schuler
Associate Professor of Management
Rice University
Jesse H. Jones Graduate School of Management
6100 Main Street, MS 533
Houston, TX 77005-1892
(713) 348-5472 tel.
(713) 348-6296 fax.
schuler@rice.edu


The Chief Judge, who is hearing the CPUC complaint case against El Paso, asks
for extension of the procedural schedule due to the complexity of the case.
He expects the hearing to end on June 8.  He proposes 30 days to file briefs,
and 15 days for reply briefs, with Initial Decision due 30 days after that,
or August 24.   Originally, the Commission had ordered that an Initial
Decision be issued by May 28th, later extended to July 12th.

Also asks for guidance as to whether the Commission intended him "to compile
a more complete record on [violations of the marketing affiliate rules] and
make findings as to whether such a violation, if it existed, contributed to
the alleged exercise of market power by El Paso Natural Gas Company and/or El
Paso Merchant Energy".  Maybe El Paso is not in the clear on violating the
marketing affiliate rules after all!!

---------------------- Forwarded by Rebecca W Cantrell/HOU/ECT on 05/31/2001
05:13 PM ---------------------------

"Randall Rich" <rrich@bracepatt.com> on 05/31/2001 05:12:34 PM
To: <jsteffe@enron.com>, <jthome@enron.com>, <llawner@enron.com>,
<lyoho@enron.com>, <rebecca.w.cantrell@enron.com>, <skean@enron.com>
cc:
Subject: Judge Wagner's report in Word

 - RP00-241-000 Report.doc


Thanks Dave

Hope everything is well in London.

Lavo


I've already talked to Cliff B.  The only thing we are precluded from is
building a power plant in Singapore...

	From:  Mike McConnell                           10/02/2000 05:45 PM

To: Jeffrey A Shankman/HOU/ECT@ECT
cc:
Subject: Re: FOR IMMEDIATE REVIEW: Agreement Restricting Power Generation
Competition in Asia Pacific Region

Jeff, You're right. I missed it.  Go ahead and send yours back with the
Singapore operations and current trading operations exclusion and mention
that I agree with your assessment also even though i said fine earlier).

m

	From:  Jeffrey A Shankman                           10/02/2000 01:59 PM

To: Mike McConnell/HOU/ECT@ECT
cc:
Subject: Re: FOR IMMEDIATE REVIEW: Agreement Restricting Power Generation
Competition in Asia Pacific Region

Singapore is mentioned.  What do you think.  Jeff
---------------------- Forwarded by Jeffrey A Shankman/HOU/ECT on 10/02/2000
02:00 PM ---------------------------

James M Bannantine@ENRON_DEVELOPMENT
09/26/2000 11:17 AM
To: Bruce Lundstrom/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Kristina Mordaunt@Enron Communications, Scott Sefton@ECT, Frank
Sayre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Vicki Sharp@EES, John
Schwartzenburg/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Stephen Wallace@ENRON,
Mark E Haedicke@ECT, Daniel R Rogers/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Michael Moran@ENRON, Randy Young@ECT, Sandeep
Katwala/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Elizabeth Labanowski@ECT, Eric
Newell@ENRON, Janet Place@ENRON, Mark A Evans/HOU/EES@EES, Al
Alexanderson@Enron, Stephanie Harris@ENRON, Rob Walls/NA/Enron@Enron, Rex
Rogers@ENRON, Greg Whalley@ECT, Ken Rice@ENRON COMMUNICATIONS, Andrew S
Fastow@ECT, Lou L Pai@EES, Larry L Izzo/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Sanjay Bhatnagar/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rick
Bergsieker/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, David W Delainey@ECT, Stanley
Horton@ENRON, Bill Donovan@ECT, Diomedes Christodoulou/SA/Enron@Enron, James
L Noles/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Bill Cordes@ENRON, Larry
DeRoin@ENRON, Peggy Fowler@ENRON, Lance Schuler@ECT, Mark Frevert@Enron, Mike
McConnell/HOU/ECT@ECT, Jeffrey A Shankman@ECT, Wade
Cline/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Shawn
Cumberland/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jeffrey McMahon@ECT, Jeffrey
Sherrick@ENRON, J Mark Metts@Enron, James A
Hughes/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rebecca
McDonald/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: Re: FOR IMMEDIATE REVIEW: Agreement Restricting Power Generation
Competition in Asia Pacific Region

I have not followed this closely  but question why we would give a noncompete
for this much of Asia in exchange for what I gather is an increased
expectation in the valuation of Newco in the future if we want to sell.  This
was the one question I have asked about Dragon all along.  It is a big piece
of the world to do everything as a minority with these two other partners
going forward (or have them have a right of first refusal over whatever we
do).  It is difficult to predict the future and this seems restricitive.
Maybe I don't understand it all.

Bruce Lundstrom
09/25/2000 03:54 PM
Sent by: Liz N Martinez
To: Kristina Mordaunt@Enron Communications, Scott Sefton@ECT, Frank
Sayre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Vicki Sharp@EES, John
Schwartzenburg/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Stephen Wallace@ENRON,
Mark E Haedicke@ECT, Daniel R Rogers/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Michael Moran@ENRON, Randy Young@ECT, Sandeep
Katwala/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Elizabeth Labanowski@ECT, Eric
Newell@ENRON, Janet Place@ENRON, Mark A Evans/HOU/EES@EES, Al
Alexanderson@Enron
cc: Stephanie Harris@ENRON, Rob Walls/NA/Enron@Enron, Rex Rogers@ENRON, Greg
Whalley@ECT, Ken Rice@ENRON COMMUNICATIONS, Andrew S Fastow@ECT, Lou L
Pai@EES, Larry L Izzo/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sanjay
Bhatnagar/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rick
Bergsieker/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, David W Delainey@ECT, Stanley
Horton@ENRON, Bill Donovan@ECT, James M
Bannantine/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Diomedes
Christodoulou/SA/Enron@Enron, James L
Noles/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Bill Cordes@ENRON, Larry
DeRoin@ENRON, Peggy Fowler@ENRON, Lance Schuler@ECT, Mark Frevert@Enron, Mark
A Evans/HOU/EES@EES, Mike McConnell/HOU/ECT@ECT, Jeffrey A Shankman@ECT, Wade
Cline/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Shawn
Cumberland/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jeffrey McMahon@ECT, Jeffrey
Sherrick@ENRON, J Mark Metts@Enron, James A
Hughes/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rebecca
McDonald/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: FOR IMMEDIATE REVIEW: Agreement Restricting Power Generation
Competition in Asia Pacific Region

General Counsels -

At the direction of the Enron APACHI Office of the Chairman, I am sending
this e-mail to you pursuant to the Enron Corp. Policy on Noncompetition.  I
would appreciate if you would check with your CEO/COO regarding this e-mail
and respond to me by Friday, September 29 if you have questions or concerns.
Enron APACHI may need to commit to the following provisions (that bind Enron
affiliates) by Monday, October 2.

Given the consolidating power generation market in Asia Pacific, Enron Asia
Pacific/Africa/China (Enron APACHI) is proposing to enter into a transaction
with Marubeni and Sithe Asia to combine the respective power generation
portfolios into a single company (Newco).  Newco would be charged with making
the shareholders' investments as liquid as possible to allow for sale of the
shareholders' respective stakes in Newco.

The shareholders believe that Newco must not be seen by the market as a
"dumping ground" for existing power projects but rather as the vehicle
through which the investors will continue to pursue power generation
opportunities in Asia.  As a result, Enron APACHI proposes to include
competition restrictions in the Marubeni/Enron Shareholder Agreement that
would bind their respective affiliates.

The following is a summary of these competition provisions:

Enron affiliates (with the exceptions stated below) could only develop or own
power projects in the Asia Pacific Region (as defined below) after first
offering the opportunity to Newco.  If Newco declines the opportunity, Enron
would be free to own the project itself or offer the project to third parties
provided that the terms do not materially improve.  Development or ownership
does not include the provision of construction, O&M, offtaker or risk
management services.

There are a number of exceptions to this rule:  (a) small projects involving
20 MW or less; (b) projects in which Enron owns less than a 1/3 interest; (c)
projects initiated by our SK joint venture; (d) Korean projects using natural
gas produced by Enron; (e) projects obtained in a corporate acquisition in
which Asia generation is less than 20% of the value of the acquisition; and
(f) situations in which any Enron company would be exposed to fiduciary
liability to another shareholder in complying with the competition
restriction.

"Affiliates" will be defined to exclude Enron affiliates which are
publicly-owned (e.g., Azurix).

"Asia Pacific Region" will be defined to include Brunei, China (including
Hong Kong and Macau), South Korea, North Korea, Taiwan, Vietnam, Laos,
Cambodia, Thailand, Myanmar, the Philippines, Malaysia, Indonesia, East
Timor, Singapore, Papua New Guinea and the Pacific Islands (including Guam,
Saipan, the Federated States of Micronesia, and Fiji, but excluding Hawaii).
It does not include Japan and Australia.

The competition clause would survive until the earlier of (a) Enron selling
its interest in Newco or (b) December 31, 2003.

Thank you,
Bruce Lundstrom, General Counsel, Enron APACHI


Note:  There will be a briefing meeting on the project in Denver on Nov. 14

N. Border Plans Extension to Tap Powder River Basin

Powder River Basin gas producers may be about to get a more direct route to
Midwest markets. Northern Border Pipeline has released plans to build a new
325-mile greenfield pipeline from McCabe, MT, to Gillette, WY, to tap the
rapidly growing production in the Powder River, which is estimated to hold
between 10 and 30 Tcf of gas.

The basin's rapid production growth has captured the attention of the
industry, with numerous proposed pipelines, including several new interstate
plans that would bring gas to the Midcontinent gas grid. Northern Border's
project, called the Bison Pipeline, would add a new route out of the basin
for between 375,000 and 500,000 MMBtu/d of production starting in November
2003. The pipeline is holding an open season on the proposal through Dec. 5.

Receipt points are proposed with Bighorn, Fort Union Gas Gathering, MIGC and
Thunder Creek Gas Services. A bi-directional interconnect accessing Williston
Basin Interstate Pipeline's Baker storage field also is proposed.

The connection with Northern Border will provide Powder River producers with
direct access to several local distribution companies, including
Montana-Dakota, Alliant Interstate Power, MidAmerican Energy, Nicor Gas,
People Gas and Nipsco. It also provides access to ANR Pipeline, Midwestern,
NGPL, Northern and Vector.

The projected recourse rate is 26 cents/Dth/d, but a negotiated 10-year
demand rate cuts 4 cents off that. The pipeline is offering
"mileage-sensitive rates," which are expected to allow a shipper to tailor
supply access and optimize transportation value.

Northern Border plans to hold a briefing on the project in Denver on Nov. 14.
For more information, contact project director Paul Miller in Omaha, NB, at
(402) 398-7758 or James Hoff in Denver at (303) 575-6475, or see the
pipeline's Web site at www.northernborderpartners.com.


done

	Enron North America Corp.

	From:  Kyle R Lilly                           01/14/2000 01:16 PM

To: Eric Bass/HOU/ECT@ECT
cc:
Subject: Deal 117413

Eric,

 On deal 117413 for Dec 99 could you tier it monthly like Nov 99?

Thanks,
Kyle


The trade confirmation for your order(s) is now available online at
etrade.com(sm).
Use the URL(s) below to view (customer log on required).

The information contained in this confirmation shall be binding upon you if
you do not object,
either in writing or via electronic mail, within two (2) days after the
confirmation is first received by you.

Document ID: 20010418023258499580080508
https://trading.etrade.com/cgi-bin/gx.cgi/applogic+accttaxbridge?page=CONFIRM&
cmd=display&doctype=cnf&document_id=20010418023258499580080508
Document ID: 20010418023258499580080510
https://trading.etrade.com/cgi-bin/gx.cgi/applogic+accttaxbridge?page=CONFIRM&
cmd=display&doctype=cnf&document_id=20010418023258499580080510
Document ID: 20010418023258499580080509
https://trading.etrade.com/cgi-bin/gx.cgi/applogic+accttaxbridge?page=CONFIRM&
cmd=display&doctype=cnf&document_id=20010418023258499580080509


We have been asked to assist in the setting up of an account with Morgan for
the sale of this stock (through John Greene) held in the name of "Enron
Communications Investments Corp.".  Restrictions (technically expired on
3/12/00) on the shares are in the process of being lifted by the transfer
agent.  Let me know if you need further information. We are working with Mike
Deville and Gill Melman (ECI legal).  Thanks.  Sara


Enjoy!
 - 20020101ERCOT_LOAD.XLS
 - 20020101ERCOT_FLOW.XLS


Here are a couple of things I want to be sure we discuss in the morning.

		Two Associate Interviews - Bring to Houston

		PRC

		My conversation with Brad about the Migration this weekend
		Meeting scheduled for Thursday

		PGAS concerns - Jodie taking lead with you and reps


bring it.  I guess you are right, you don't need tickets, hope you don't need
any the rest of the season.  I give you that whoopin at the bar this weekend.
PL


Just a reminder:

  YOUR TIME ENTRY IS DUE TODAY.

  If you have log-in problems call the Integrated Solutions Center at
713-345-4727.

Kathy


I've sent a draft to you and Reagan via email.  There are questions and
blanks in it. Kay

8774984248@pagenetmessage.net on 04/05/2001 06:39:07 AM
To: kay.mann@enron.com
cc:

Subject:

Kay, Any word on contract?  Any new questions on anything?  Call or page me.
Will be at FMPA/FT.Pierce meeting in Orlando on Thurs.  Take care and thanks.

David Fairley


You may have heard about the new survivor series "Down Under".

Well this is my version, I am heading off to Australia equipped with nothing
more than my faithful companion Alyssa (and laptop) for two weeks.  While
Down Under I will be forced to endure family and friends, partake in
primitive ceremonies involving the copious consumption of local fire water.
Other torturous events include swimming in double-overhead barrelling waves
with a 6'6" fiber glass floating device, arduous treks across endless
deserted beaches and hunting the elusive white dimpled ball through kangaroo
infested rolling greenery.

I leave tomorrow evening, If all goes well I will be back on the 8th of
April.......wish me luck.

I will be checking phone messages and have access to my email.

Victor


---------------------- Forwarded by Sandra F Brawner/HOU/ECT on 04/12/2001
02:25 PM ---------------------------

Peter F Keavey
04/12/2001 02:24 PM
To: Sandra F Brawner/HOU/ECT@ECT
cc:
Subject: Fwd: FW: Top Forty things You will NEVER hear a Southern Man say:

---------------------- Forwarded by Peter F Keavey/HOU/ECT on 04/12/2001
02:23 PM ---------------------------

"Peter Keavey" <pkeavey@hotmail.com> on 04/12/2001 02:23:25 PM
To: peter.f.keavey@enron.com
cc:
Subject: Fwd: FW: Top Forty things You will NEVER hear a Southern Man say:

>From: Anne Moisan <amoisan@internationalsos.com>
>To: "'pkeavey@hotmail.com'" <pkeavey@hotmail.com>
>Subject: FW: Top Forty things You will NEVER hear a Southern Man say:
>Date: Thu, 12 Apr 2001 15:09:59 -0400
>
>
>
>-----Original Message-----
>From: John Hankamer
>Sent: Wednesday, April 11, 2001 4:35 PM
>To: Anne Moisan
>Subject: FW: Top Forty things You will NEVER hear a Southern Man say:
>
>
>compliments of Mr. Roark...
>
>
>The Top FORTY Things You Will NEVER Hear A Southern Man Say:
>
>
>Oh I just couldn't, she's only sixteen.
>
>I'll take Shakespeare for 1000, Alex.
>
>Duct tape won't fix that.
>
>Honey, I think we should sell the pickup and buy a family sedan.
>
>Come to think of it, I'll have a Heineken.
>
>We don't keep firearms in this house.
>
>Has anybody seen the sideburns trimmer?
>
>You can't feed that to the dog.
>
>I thought Graceland was tacky.
>
>No kids in the back of the pickup, it's just not safe.
>
>Wrestling's fake.
>
>Honey, did you mail that donation to Greenpeace?
>
>We're vegetarians.
>
>Do you think my gut is too big?
>
>I'll have grapefruit and grapes instead of biscuits and gravy.
>
>Honey, we don't need another dog.
>
>Who gives a damn who won the Civil War?
>
>Give me the small bag of pork rinds.
>
>Too many deer heads detract from the decor.
>
>Spittin is such a nasty habit.
>
>I just couldn't find a thing at Walmart today.
>
>Trim the fat off that steak.
>
>Cappuccino tastes better than espresso.
>
>The tires on that truck are too big.
>
>I'll have the arugula and radicchio salad.
>
>I've got it all on the C: drive.
>
>Unsweetened tea tastes better.
>
>Would you like your fish poached or broiled?
>
>My fiancee, Bobbie Jo, is registered at Tiffany's.
>
>I've got two cases of Zima for the Super Bowl.
>
>Little Debbie snack cakes have too many fat grams.
>
>Checkmate.
>
>She's too young to be wearing a bikini.
>
>Does the salad bar have bean sprouts?
>
>Hey, here's an episode of "Hee Haw" that we haven't seen.
>
>I don't have a favorite college team.
>
>Be sure to bring my salad dressing on the side. You All.
>
>Those shorts ought to be a little longer, Darla.
>
>And, the Number One thing you'll NEVER hear a Southern Man say:
>
>Nope, no more for me. I'm drivin' tonight
>

_________________________________________________________________
Get your FREE download of MSN Explorer at http://explorer.msn.com


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I took the country summary that Aiaz made for Brazil and used it to
generate one for Argentina. Here it is:

-Michael

 - Argentina.doc


FYI
----- Forwarded by Mark E Haedicke/HOU/ECT on 06/26/2000 05:16 PM -----

	Travis McCullough
	06/23/2000 06:03 PM

		 To: shodgson@velaw.com
		 cc: Mark E Haedicke/HOU/ECT@ECT
		 Subject: MG plc

Steve:

Attached is a series of press releases by MG Plc regarding their metals
website, the first of which was launched on or about October 4, 1999.

I also have a message in to the attorneys at Enron that worked closely on the
acquisition, but one of our commercial people understands the site to be an
on-line brokerage system (like E*Trade) -- the press release on the launch of
the system (at the bottom of this message) indicates that the site is an LME
trading and execution system.  I'll forward over any other information I can
find.

USA: Metal exchanges hold firm as Web trading blooms.

06/22/2000
Reuters English News Service
(C) Reuters Limited 2000.

NEW YORK, June 22 (Reuters) - The world's two largest metal exchanges said
they will retain their roles despite the rapid expansion in Internet trading
and as another major metal dealer announced the launch of an online trading
system on Thursday.
The London Metal Exchange (LME) is carefully planning its introduction of
electronic trading in the second-half of this year and refuses to be
"spooked" by those "urging action, any action, as long as it is now,"
Jonathan Haslam, LME director of corporate affairs, told a conference in New
York.
His comments were echoed by Patrick Thompson, president of the New York
Mercantile Exchange (NYMEX), who said it would be very difficult for the new
online trading systems to bring together those elements that underpinned the
success of the traditional exchanges.
Thompson told the Metal Bulletin E-Commerce 2000 conference that said these
elements included the handling of counterparty credit risk, the clearing of
trades and the existing pools of liquidity provided by the different segments
of the metals market which use the exchanges.
Haslam compared the LME's trading turnover averaging $8 billion a day with
the around $1.5 billion a day traded online by U.S. energy giant Enron Corp.
.
Enron's expansion in the e-commerce market was earlier referred to by Thomas
Pimpinelli, senior vice president of MG London Inc. part of U.K.-based metals
trading group MG Plc . In May, MG agreed to a 300 pence per share cash offer
from Enron.
Pimpinelli said MG's own MITS online metals trading system, launched in
October 1999, has to date processed over 135,000 contracts with an overall
value of $5.25 billion.
He told the meeting that between 65 percent to 80 percent of MG's order flow,
mostly from small metals clients, was now done over the Internet.
Pimpinelli said the success of its "Market Maker" real-time trading facility
within MITS for tonnages of up to a 1,000 tonnes, had encouraged the company
to create a new product for the Managed Futures industry called "CTA Trader."
The product will differ from Market Maker in that the customer can trade
larger volumes, request a volume quote on-line, and then have the facility to
book the resulting live on-line quote.
"Once executed the customers will need to breakdown or allocate the
transaction to his individual or multiple pre-approved clearing houses by way
of a dropdown menu," he said. Pimpinelli added that CTA Trader would be
launched in the next month or so.
Sharing a platform with Pimpinelli, Karl Hackert, head of e-commerce at U.S.
trader Koch Metals, announced the impending launch of his company's own
online metals trading system by the end of June. Koch metals is a unit of
Koch Industries Inc. .
Hackert said the issue of the LME's daily forward prices valuation at 5.30
p.m. in London, meant that the level of these quotes wasn't clear during the
rest of the trading day. Under the new Koch system prices will be updated
every five seconds and out to 27 months.
"Koch are the first to do this (offer near real-time forward prices) and it
is a big step forward in terms of market transparency," he said.
Hackert said Koch had built its system to better communicate with its clients
and it did not intend to go into direct competition with the LME.
"Making a generic mass system? I don't think that's the business we're in,"
he said.
((Steve Hays, New York Commodity desk, 212 8591640)).

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UK: UPDATE 2-MG to widen access to online metals trade.
By Andy Blamey

06/13/2000
Reuters English News Service
(C) Reuters Limited 2000.

LONDON, June 13 (Reuters) - U.K.-based metals trading group MG plc said on
Tuesday it would broaden access to its online metals trading systems as the
battle for web pre-eminence comes to the boil.
MG, one of the world's leading metals traders, said it would allow London
Metal Exchance clearing members to use the system, which had been restricted
to clients, with immediate effect.
The move comes in response to strong demand for access to the system, an MG
spokesman said. MG has so far signed up 14 Category One (ring dealing) and
Category Two (associate broker clearing) members of the LME.
"We have decided to broaden the availability of Market Maker following the
rapid increase in volumes and substantial uptake by both existing and new
clients," said Michael Hutchinson, CEO of MG's Financial Services Division in
a statement.
"We are confident that we have an online product which will meet demand from
other clearing members of the LME."
The wider access to MG's system need not necessarily pose a threat to other
online marketplaces, said Gavin Gross, head of LME metals at brokerage
Spectron Futures Ltd. Spectron plans to launch online systems to trade London
Metal Exchange contracts later this month.
"They're very different models. MG is a principal in the market, so you're
looking at MG prices only. Spectron is neutral, we're just providing a
platform. It's a multilateral system with lots of dealers interacting with
each other," Gross said.
"The two can exist side by side," he added.
Over 80 percent of MG's clients are now using its online services, the
company said. Market Maker turnover stood at 3,000 contracts in May - a
growth rate of approximately 50 percent per month since the launch in January
of this year.
Online deals still make up a low proportion of MG's total trading turnover,
however.
MG's MITS system launched in October 1999 and has now processed over 95,000
contracts with a dollar value in excess of $3.8 billion and a monthly
turnover in excess of $1 billion.
"We are using it (MITS) for the one or two lot small stop orders that you
previously missed and had the customer ringing up asking if we had done his
trade," said one user of an MG system at an ABCM.
However, it would appear that MG is now limiting the size of the orders it
will accept on MITS from its non-customers, he said.
Metals e-commerce sites are proliferating, but they follow no single business
model. There are portals run by single principals quoting their own prices;
intranets where big market players are cooperating; different rules for
access; and a wide variation in revenue models, the key to profitability.
The company announced in March it had joined Internet Capital Group and
Safeguard International Fund to form the EMETRA joint venture, in which MG
has a 25 percent stake.
EMETRA is building a worldwide business-to-business (B2B) e-commerce
marketplace for the non-ferrous metals markets, including physical trading a
futures and options contracts.
MG contributed its Internet systems to EMETRA and continues to use MITS and
Market Maker under a licence agreement with EMETRA.
In May, MG agreed a 300 pence per share cash offer from U.S. energy and
communications group Enron, a major player in the e-commerce market through
Enron Online, which trades around 840 products in some 13 countries in 11
currencies.

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US Enron Bid For MG May Signal End Of LME Outcry Trading
By Adam Aljewicz

05/23/2000
Dow Jones International News
(Copyright (c) 2000, Dow Jones & Company, Inc.)

LONDON -(Dow Jones)- Enron's (ENE) offer to buy London Metal Exchange ring
dealing firm MG PLC (U.MGA) could bring the exchange one step closer to
ending open outcry trading, dealers say.
Both the U.S.-based energy and communications group, and MG have pioneered
electronic trading and are widely seen as being among the only participants
on the LME trading floor capable of making the transition to on-screen
trading. The LME, meanwhile, is also seeking to introduce on-screen
technology for out-of-ring trading sessions.
"We're not surprised in the least to see this tie-up take place," an analyst
at Deutsche Bank told Dow Jones Newswires. "Everything we see now is pointing
toward the removal of the ring-dealing sessions, and it's just a matter of
time before it ends all together," she said.
MG's chairman Tom McKeever said the company won't abandon its position as an
LME ring dealing member, but market watchers doubt whether - after 123 years
- open outcry can survive on the LME as fast-paced technological change
sweeps through the industry.
Enron has made a GBP300 million cash offer for London-based MG in a bid to
gain a foothold in the $120 billion-a-year world metal market. The U.S.
company already has a substantial market share in natural gas and electricity
markets, and with its electronic trading platform, Enron On Line, it has
already executed more than 110,000 transactions valued at over $45 billion
since its launch in November.
"It's not surprising to see a strategic link up between an energy and metals
company because they're both very big in industrial commodities," said an
analyst for a U.S.-based commission house. "I think it's almost inevitable
that open outcry trading will be a thing of the past," he said.
Enron's move into the metals market has also been linked to the LME's growing
interest in initiating an automated trading system, and has lead some market
watchers to suggest that the Enron-MG tie-up will lead to greater
consolidation among LME members.
Metals trading companies and brokerage firms are struggling to survive as
profits wane amid the growth of banks and funds in the metals trading arena.
"Out of the 13 ring dealing firms on the LME, I think only six will be able
to make the transition to on-screen trading," said a dealer for a
London-based bank. "And that's only because we have a banking background," he
said.
The six cited are MG, the metals trading arm of the Bank of Nova Scotia,
U.S.-based brokerage Refco Inc., Credit Lyonnais Rouse, Barclays Capital and
Fimat Metals.
The LME's existing system involves the trading of eight metals within its
circular trading floor. Around 35% of the LME's trading takes place there,
but this figure could drop if the LME decides to abandon open outcry, traders
say. "Market participants will have to decide whether to use the ring
or go through the Internet," said a dealer. "That's how it will start
and will probably lead to the trading floor being bypassed
altogether."

MG, which was spun off from Germany's Metallgesellschaft last September, has
pioneered the use of metals trading on the Internet with the launch in
October of MITS and MARKET MAKER, its Internet trading system.
MG is the second-largest physical merchant of copper, nickel and aluminum in
Europe after Switzerland's Glencore.
"When profit margins are narrowing and so many LME companies are looking more
and more uncertain about their future, MG (is) arguably the pick of the crop
in terms of stability and profitably," said a dealer for a North
American-owned ring dealing firm. LME Considers Screen Trading

Separately, the LME has considered a series of moves that would also hasten
the demise of open outcry trading.
It has repeatedly said it is looking to develop an electronic screen-trading
system for use in out of ring trading sessions, and that it plans to press
ahead with changes to its ownership structure by demutualizing in favor of
becoming a shareholder entity.
"We've made very clear that there are proposals for consequential changes to
the LME's governance," said Jonathan Haslam, director of corporate affairs at
the LME.
The LME set up an eight-member committee in February which comprised four
ring dealing members and four associate broker members to map out a strategy
for the implementation of new technology.
However, it has so far declined to comment on how this technology will be
executed, although Haslam has said the LME is looking at around 20 companies
with the requisite knowledge and background to provide and implement the
on-screen technology.
"We said we would look into setting up an interoffice screen trading system
but we have yet to come to a decision on who our technical partner will be,"
he said. "But we should come to a decision in a couple of weeks."
-By Adam Aljewicz; 44-20-7842-9353; adam.aljewicz@dowjones.com -0- 23/05/00
12-56G

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Financial Post
MG exceeds $1B Internet trade target
Martin Hayes
Reuters

04/05/2000
National Post
National
!@SERIES=
C14
(c) Copyright 2000 Financial Post from National Post (formerly The Financial
Post Company). All rights reserved.

LONDON - International metals trader MG PLC said yesterday that business on
its six-month old Internet trading systems had comfortably exceeded its
transaction value target of $1-billion (all figures in U.S. dollars).
"We are at $1.5-billion as of this morning. We are are very pleased with the
progress and the rate of growth," said Tom McKeever, MG chairman.
He noted that online trading in metals is seen growing rapidly, according to
a recent study by Anderson Consulting. Just 2% to 3% of business in the
non-ferrous industry is currently conducted online, while in three to five
years it will be 40% to 60%, he said.
Since the launch in October, volumes on MG's internet systems, known as MITS
and MARKET MAKER, have increased by 50% a month and cumulatively exceed
30,000 contracts now.
MG said it had also gained customers as its systems are the only ones that
currently offer online trading. "When we launched the system, we had requests
from many new customers to register. We registered quite a few new customers.
It is beyond our expectations," Mr. McKeever added.
The increase in on-line business on MITS has been seen round the clock as
customers have become increasingly comfortable with the system.
"We were the first to start the system. It has been late coming to the metals
business, but we think it is good for the industry," he said.
Last month, MG announced it had joined Internet Capital Group and Safeguard
International Fund to form an eMetra joint venture in which it has a 25%
stake.

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.......................................................
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MG PLC - Trading Update

04/04/2000
Regulatory News Service
Copyright (C) 2000 Regulatory News Service; Source: World Reporter (TM)

MG INTERNET TRADING UPDATE
MG announces that in the first six months of trading on its Internet systems,
MITS and MARKET MAKER, it has surpassed its target of US $1 billion in value
of transactions. The volume of transactions has been increasing by 50% a
month since October and cumulatively exceeds 30,000 contracts.
The trading systems have attracted new customers as well as MG's existing
customers because it is the only system currently available that offers them
an on-line LME trading and execution service.
The launch of MITS was announced in October 1999 by MG. In February, MG
announced that it had joined with Internet Capital Group and Safeguard
International Fund to form the eMetra joint venture, in which MG has a 25%
stake. eMetra is in the process of establishing a worldwide
business-to-business (B2B) e-commerce marketplace for the non-ferrous metals
markets, including physical trading and the trading of futures and options
contracts. MG contributed its Internet systems to eMetra and continues to use
MITS and MARKET MAKER under a licence agreement with eMetra. Once eMetra is
fully operational later this year, MG will become a user of eMetra's
platform.
Michael Hutchinson, Joint Chief Executive of MG plc, said: "We are delighted
that so many customers to date have transferred their business on to the
Internet - we see this trend as increasing significantly in the coming
months. It is proving attractive to new customers and enables us to give our
existing customers a more efficient service."
For further information:
Michael Hutchinson, Joint Chief Executive MG plc Tel: 0171 488 2244
Nick Denton/James Longfield Hogarth Partnership Tel: 0171 357 9477

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?

City: MG plans to launch metals website
James Ashton

02/11/2000
The Daily Telegraph
Copyright (C) 2000 The Daily Telegraph; Source: World Reporter (TM)

MG, the international metals trader, yesterday unveiled plans to develop an
internet marketplace for trading non-ferrous metals, in direct competition
with the London Metals Exchange (LME).
The joint venture with the Internet Capital Group (ICG) and private equity
fund Safeguard International will establish a worldwide business-to-business
e-commerce platform for non-ferrous metals. This will include physical
trading and the trading of options and futures contracts.
MG shares soared 140 1/2 to 337 1/2 p.
"We didn't go into this venture intending to put anyone out of business,"
said chairman Thomas McKeever.
He added that the as-yet-unnamed new venture would attract new clients,
particularly small and medium-sized companies who regard conventional LME
trade as too costly and complex.
He said he also hoped to open up the derivatives market to smaller players.
"When you develop a global marketplace you attract, presumably, most industry
participants," he added.
Safeguard and Nasdaq-listed ICG, which already has stakes in more than 50
companies offering online trading in sectors such as industrial chemicals,
plastics and cattle, have invested a total of $25 million in the venture,
taking 30 and 45pc stakes respectively.
MG, the world's largest copper merchant, will hold an initial 25pc, with an
option to increase that to 50pc within eight months. The company, which
floated last September at 205p, after being spun off from German engineering
group Metallgesellschaft, will continue to operate its internet trading
system Mits for existing customers. It began live internet dealing of
aluminium and copper in January.

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.......................................................
?

MG expects MITS to be a hit.
CHRISTIAN KOHL

10/14/1999
American Metal Market
8
Copyright 1999 Information Access Company. All rights reserved. COPYRIGHT
1999 Cahners Publishing Company

DUSSELDORF -- Only one week after London Metal Exchange trader
Metallgesellschaft Ltd. launched its web site system that allows trade
execution services on the Internet, it is optimistic that the concept will be
a hit.
"It's been quite extraordinary," said Alex Health, MG's director of
e-commerce systems. "We've had something like 300 reactions so far from both
existing customer companies as well as new ones logging on." He said that the
non-customers entering MG'S site (www.mgltd.co.uk) ranged from large groups
MG had wanted to make contact with for a longtime to small companies that
Heath said he'd never heard of.

"Of course, it's LME Week now, so we are busy with socializing and making
contacts there before we can reply to the requests we've received," Heath
said. He noted that LME Week was one important factor in launching the
Metallgesellschaft Internet Trading System (MITS) in time to display it at
Broker's House by Tuesday evening. MG Plc's recent floatation also provided a
major motivation for the project to raise MG's profile, he said:
Heath said that MITS has not had an immediate effect on trading volumes
beyond the regular market, activity, but 70. customers so far had used the
facility for deals. He added that MITS might soon contribute to MG's customer
base, but it would take some time for new parties attracted to the site to be
registered as regular customers.
At the beginning of LME Week, few LME trading companies were prepared to
comment on MITS and its possible effect on metals trading. MG's presentations
at the LME event were aimed at providing a clearer picture. "I'd be extremely
disappointed if the idea didn't spread as the Internet will inevitably be a
big factor in trading," Heath said. He noted that MG put itself under
pressure by moving before some other company with a similar
project-in-the-making could enter the scene.
"Speed is a definite factor in the Internet, and we can claim to be leading
into the new millennium in this regard," he said, adding that MG received
many "flattering comments" from brokers.
Peter Sellars of Barclays Bank Plc conceded that "certainly they got there
before anybody else" but added that "they won't have very much of a lead
time." He said that the Internet was going to be the way of the future and
that Barclays was making similar preparations, but so far offered a web site
order trading system only for non-metallic futures. He noted, however, that
web site trading would not satisfy all requirements. "It's great for the
small bread-and-butter stuff, but for long-term contracts it's gonna be
tricky, isn't it," Sellars said.
A spokesman at Triland Metals Ltd., another LME member, questioned whether MG
was really embracing technology or vice versa. "It could be a gimmick for
customers, and it doesn't really mean they're successful with enlarging their
customer base," he said. He noted that people were always interested in
coming close but weren't necessarily keen on taking the final step. He said
that Triland had no immediate plans for a similar service and that it was
confining its web site plans to statistics and other basic information. "They
jumped the gun to a certain extent, but we'll have to see if it's successful
or not."

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?

European & Emerging Markets
MG Launches First Internet Metals Trade Service
A Wall Street Journal Europe Roundup

10/05/1999
The Wall Street Journal Europe
16
(Copyright (c) 1999, Dow Jones & Company, Inc.)

LONDON -- MG PLC has launched the first Internet-based metals futures trading
system.
MG, which went public on the London Stock Exchange in September, offers a
full trading and execution service on the London Metals Exchange.
The system, which is called MITS, will be supported by a real-time price
screen for all the metals traded on the LME and includes a multi-currency
facility. The LME trades copper, aluminium, lead, zinc, nickel, tin, silver
and aluminium alloy.
In addition, customers can listen to a direct voice commentary from the floor
of the LME during trading sessions.
Technical analysis and market research on all LME metals is available and
regularly updated. Customers can also access their position and valuation
statements over a secure encrypted link to the firm's computer system.
MITS can only be accessed by registered customers of Metallgesellsc haft
Limited, MG's LME brokerage and trading arm.
"It is a customer service and it is live now to our registered customers,"
said Michael Hutchinson, MG's joint chief executive.
MG's customers will also be able to listen to a direct-voice commentary from
the floor of the LME during trading sessions. They will also be able to
access their position and valuation statements over a secure encrypted link
to MG's computer system, MG said.
The LME is the world's largest non-ferrous metals market with 14 ring-dealing
members who participate in the twice-daily important open-outcry sessions.
The LME settlement prices for metals which are realized in the official
morning trading sessions are the benchmark reference prices for most of the
world's physical contracts.
Outside the open-outcry sessions, LME business takes place over a 24-hour
period via an inter-office telephone market.
"We are always interested in any new uses of technology. We will watch this
with interest," an LME spokeswoman said.
MG said it intended to develop its website to eventually include real-time
physical metal prices and premiums.
MG's system is the latest in a series of Internet commodity trading systems.

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?

MG PLC - Re Internet Trading System

10/04/1999
Regulatory News Service
Copyright (C) 1999 Regulatory News Service; Source: World Reporter (TM)

Introduction of the first Internet LME trading system
MG plc, the international metals trading business which floated on the London
Stock Exchange in September 1999, today announces the launch of the world's
first Internet based metals futures trading system, offering a full LME
trading and execution service. The new site can be accessed at
www.mgltd.co.uk and is designed to make dealing more efficient and more
readily accessible to customers of Metallgesellschaft Limited, MG plc's LME
brokerage and trading arm.
The system, which is called MITS, will be supported by a real time price
screen for all the metals traded on the LME and includes a multi-currency
facility. In addition customers can listen to a direct voice commentary from
the floor of the LME during trading sessions. Technical analysis and market
research on all LME metals is available and regularly updated. Customers can
also access their position and valuation statements over a secure encrypted
link to the firm's computer system.
MITS can only be accessed by registered customers of Metallgesellschaft
Limited. Prospective customers can view a demonstration programme at the
website. The system will complement the company's traditional brokerage
activities.
Michael Hutchinson, Joint Chief Executive of MG plc, said today:
"The development of MITS will make our business more efficient and make
dealing for customers more accessible and cost-effective. Being the first LME
broker to provide a comprehensive E-commerce system should further improve
our competitive advantage, enabling us to reach all of our brokerage
customers with timely and accurate information."
MG plc intends to develop a site for its merchanting business, providing
real-time physical metal prices, premiums and other related information.
For further information:
Michael Hutchinson, Joint Chief Executive MG plc Tel: 0171 488 2244
Nick Denton/James Longfield Hogarth Partnership Tel: 0171 357 9477
Background on MG plc
MG plc is a leading independent international metals trading business
providing services to the global metals industry. The group is organised into
two operating divisions: Merchanting and Financial Services. The Merchanting
division is buys, sells, stores, ships and trades non-ferrous metals as a
principal with producers and consumers. It is the world's leading copper
merchant, one of the top three merchants of copper concentrates and nickel
and a leading European merchant of recycled metal. The Financial Services
division is a leading metals broker and market-maker. It is a leading LME
member and operates one of the leading LME metals warehousing businesses. MG
is headquartered in London, and employs 320 people in 14 countries around the
world. It was listed on the London Stock Exchange in September 1999 and has a
current market capitalisation of some #175 million.

..............................................................................
.......................................................

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

Travis McCullough
Enron North America Corp.
1400 Smith Street EB 3817
Houston Texas 77002
Phone:  (713) 853-1575
Fax: (713) 646-3490


Looks good, Scott.  One thing:  I admit I'm not a lawyer, so someone needs to
show me the precise language in AB 1890 that 1) requires the credit (which, I
believe was created by the PUC, not the legislature) to be based on market
and 2) requires DA customers to be indifferent to be from DA suppliers.

Mike Day:  Do you concur with Scott's interpretation in AB 1890?

Like your arguments, Scott.  Just want to clarify that we're on solid legal
ground before putting the arguments foreward in a brief and/or protest.

Best,
Jeff

	Scott Stoness@EES
	04/20/2001 10:46 AM

		 To: JBennett <JBennett@GMSSR.com> @ ENRON
		 cc: Harry Kingerski/NA/Enron@Enron, Tamara Johnson/HOU/EES@EES, Leslie
Lawner/HOU/EES@EES, Jeff Dasovich/NA/Enron@Enron
		 Subject: Re: SCE Advice Filing on PX Credit -- Protest

We should protest this issue and argue that nothing should change but that
the Px credit should be based on DJ-NP15 and DJ-SP15 rather than the defunct
Px because AB1890 requires it to be based on market (not costs).  Changing to
procured energy is inconsistent with the law AB1890 which requires DA
customers to be indifferent to buying from DA suppliers.
And since DA suppliers face costs close to DJ-NP15/SP15, that is the only
appropriate available method.

Further, the issue of how to calculate Px is interrelated to whether DA
customers should be charged the generation surcharges ($10 +$30).  DA
customers should be given market based Px credits (based on DJNP15/SP15)
because its the law.  There are 2 possible interpretations resulting from the
combination of AB1890 and the new law.
The DA customers should get a market based Px credit and not pay any
surcharge.
The DA customers should get a market based Px credit and pay the $30 + $10
surcharges
Interpretation 1 results in DA customers getting lower rates than all other
customers.  It seems unlikely that the legislation would have this intent.
Interpretation 2 results in DA customers getting the same rate as all other
customers until the end of AB1890.  This seems like the likely interpretation
since otherwise the new legislation would have repealled AB1890.  Thus given
that the DA customers are being held indifferent to frozen rates plus $40,
they should get a Px market based credit plus pay the surcharge until the
rate freeze ends.

Once the Px credit ends (Mar 2002), the surcharge should end because the law
(AB1890) no longer requires them to be held at frozen rates and because:
Any customer that is being served by a supplier other than DWR and the
utility is not causing any costs for DWR or the utility therefore they should
not be charged for them.

In the event that Px credit is not set based on market value (if the courts
interpret the law differently than Enron) then there should be no generation
surcharge for DA customers.

This is the same argument we should make in our brief on rate setting
Scott

JBennett <JBennett@GMSSR.com> on 04/20/2001 09:03:06 AM
To: "Harry Kingerski (E-mail)" <Harry.Kingerski@enron.com>, "Robert
Neustaedter (E-mail)" <Robert.Neustaedter@enron.com>, "Scott Stoness
(E-mail)" <sstoness@enron.com>, "Tamara Johnson (Business Fax)"
<IMCEAFAX-Tamara+20Johnson+40+2B1+20+28713+29+20345-7374@GMSSR.com>
cc: "Jeff Dasovich (E-mail)" <jdasovic@enron.com>, "Sue Mara (E-mail)"
<smara@enron.com>
Subject: SCE Advice Filing on PX Credit -- Protest

As you are aware, SCE made an advice filing on April 5th to eradicate the PX
Rate Schedule and Replace it with Schedule PE --Procured Energy.  As part of
the filing, SCE proposes to set "on an interim basis" the cost of energy
procurement, for bundled service customers for billing purposes and in the
calculation of the energy credit for direct access customers equal to the
Generation rate component of the Customer's otherwise applicable tariff.

Two primary issues arise from SCE's statement. First what does "interim
basis" mean -- how long will this be in effect.  In starts on January 19th,
but it is unclear as to when it would end. Second, and most important. is
what is meant by the Generation rate component.  While there is not much
explanation in the April 5 advice letter, in a subsequent advice letter
filed on April 11 (1533-E), SCE set forth "Rate Schedule Specific Generation
Related Rates" which range between five and nine cents.

I have forwarded both the referenced advice letters to you earlier.  We need
to protest the change in the PX credit by Wednesday, April 25th.  All
thoughts on the matter are welcome.

Jeanne


Samantha M. Boyd
Sr. Legal Specialist
Enron North America, Corp.
1400 Smith, EB3802A
Houston, TX  77002
Phone:  (713) 853-9188
Fax:  (713) 646-3490
email:  samantha.boyd@enron.com

----- Forwarded by Samantha Boyd/NA/Enron on 02/20/2001 01:48 PM -----

	Keegan Farrell
	02/20/2001 09:39 AM

		 To: Stephanie Panus/NA/Enron@Enron, Taffy Milligan/HOU/ECT@ECT, Susan
Bailey/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, Robert Bruce/NA/Enron@Enron,
Mark Taylor/HOU/ECT@ECT, Samantha Boyd/NA/Enron@Enron, Kayla
Heitmeyer/Enron@EnronXGate, Gregg Penman/Corp/Enron@Enron, Rudwell
Johnson/NA/Enron@ENRON
		 cc:
		 Subject: Cheryl Nelson

FYI
While traveling in New York this weekend, Cheryl Nelson has become ill.  She
is currently in New York, but is expected in the office tomorrow morning.  If
you should need to contact her, I will be glad to do so for you.  Feel free
to contact me at x5-3317, should you need my assistance.  Thank you for your
attention to this matter.  Regards, Keegan


Susan,

The legal name of the comapny is: Barcel M,xico, S.A. de C.V. and yes, this
company is one of the companies of Grupo Bimbo.
Let me know if you have another question,

Regards,

Agustin.

Susan M Scott@ECT
11/13/2000 02:59 PM
To: Agustin Perez/NA/Enron@ENRON
cc:

Subject: Deal # NW8903 (legs 5 & 6)

Agustin,

I am trying to confirm the counterparty on one of your deals so that it can
be properly assigned in TAGG.  The ticket for the deal in question reads
Barcel Mexico.  However, I spoke recently with Beatrice Reyna who informed me
that you believed the counterparty to be one of the Bimbo companies.  If you
wouldn't mind looking into this and getting back to me with the correct
counterparty name it would be much appreciated.

Thanks,
Susan

Deal Parameters - Costless Collar

Deal Date:       8/24/00
Delivery Point:  Avg (IF-TETCO/STX and PGE)
Time Frame:  9/01/00 - 02/28/2001
Volume:  38,000 MMBTU/month
ENA Sells:  $5.20 Call
ENA Buys:  $4.00 Put


**********************************************************************
CERA Conference Call: Sent Fri, November 10, 2000
**********************************************************************

Title: CERA Conference Call and Web Presentation: Winter Weather Scenarios...
Author: N. American Gas Team
E-Mail Category: Conference Call
Product Line: North American Gas ,
URL: http://www.cera.com/cfm/track/eprofile.cfm?u=5166&m=1417 ,

Alternative URL:
http://www.cera.com/client/nag/cc/111000_18/nag_cc_111000_18_ab.html
*************************************************************

North American Natural Gas
Conference Call and Web Presentation

A Cambridge Energy Research Associates Conference Call

TOPIC
WINTER WEATHER SCENARIOS: BRACING FOR THE STORM
* Demand potential under cold, normal, and warm weather
conditions this winter. A return to normal weather will
push demand well above last year's levels.
* Storage outlook. How low can it go?
* Price. Limited demand flexibility and low storage
levels will continue to drive prices through the winter.

FORMAT
Our speakers will address this topic for 30 minutes,
with accompanying graphics presented on the internet,
followed by an open question and answer period.

SPEAKERS
Ed Kelly, CERA Director of Research, North American
Natural Gas
Bryan Sanderson, CERA Associate, North American Natural
Gas

TIME
3:00 P.M. Eastern, Friday, November 17, 2000

ELIGIBILITY
Clients eligible to participate in this conference call
are those who subscribe to the CERA North American
Natural Gas Retainer Advisory Service.

TO PARTICIPATE
For the AUDIO portion of the call, please call in on one
of the following numbers approximately 10-15 minutes
before the call:

Within the United States: 1-888-855-5428
Outside the United States: (719) 457-2665
Confirmation code: 432374
Title of the call: CERA Gas Call

For the INTERNET portion of the call (audio is by
telephone), please log on to the internet approximately
15-30 minutes before the presentation to ensure
technological compatibility.

1. Point your browser to http://vcast.premconf.com. (Do
not include WWW in the URL)
2. At the VisionCast Home Page, click on "Attend a
Private Conference."
3. Follow all directions given regarding additional
technology required (if any).
4. You will be prompted for an Event Name (vc432374),
your name, and your company name.
5. Fill in all fields and click "Continue."

System Requirements and Suggestions:
* Internet connection not reliant on the phone line you
will use for the call.
* A Java-enabled browser, such as Microsoft Internet
Explorer 3.02 or higher; Netscape Navigator 3.02 or
higher; or Sun Hot JAVA(tm)
* Close all desktop applications and disable your screen
saver

TECHNICAL ASSISTANCE
U.S. Callers: If you are experiencing difficulties
during the call, you may signal for technical assistance
by pressing *0 (star, zero) on your telephone keypad
after you have connected to the audio portion of the
conference.

International Callers: Please re-dial and ask the
operator for assistance before giving the confirmation
code.

A recording of this call (audio only) will be available
until December 17, 2000. To access this recording,
please call 1-888-203-1112 (within the U.S.) or (719)
457-0820 (outside the U.S.). Please use confirmation
number 432374 to access the call.

If you have any questions, please contact Mary Rice via
e-mail at mrice@cera.com, or via telephone at (617) 498-
9123.

**end**

Follow URL for HTML version of this message only.

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Account Changes
To edit your personal account information, including your e-mail
address, etc. go to: http://eprofile.cera.com/cfm/edit/account.cfm

This electronic message and attachments, if any, contain information
from Cambridge Energy Research Associates, Inc. (CERA) which is
confidential and may be privileged. Unauthorized disclosure, copying,
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in whole or in part, is strictly prohibited.

Terms of Use: http://www.cera.com/tos.html
Questions/Comments: webmaster@cera.com
Copyright 2000. Cambridge Energy Research Associates


Paul, Raymond,

Thanks for your message.
Sorry I did not get in touch  with you earlier. The last few weeks were very
hectic. I am starting
right now my preparations for the presentation I am going to give at the
conference.

Here are the details of my itinerary (I shall send you a copy tomorrow). I
arrive Sunday morning
and leave Saturday morning. The conference takes place on Monday and Tuesday.
On Wednesday, I am making a presentation at the workshop on value-at-risk. I
would
like to stay at the conference for the duration: it's a great learning
opportunity for me.

On Thursday and Friday, as well as in the evenings (except for the evening
of July 18), I am at you disposal.
I would like to take advantage of this trip and learn as much as I can
about the Australian markets and discuss with you the research agenda.
I shall be glad to make several presentation.
I can repeat my workshop presentation on value-at-risk as well as cover
additional
topics.

Vince

Paul Quilkey@ENRON_DEVELOPMENT
07/04/2000 05:23 AM
To: Vince J Kaminski@ECT
cc:
Subject: Your visit to sydney in July

Vince
I support Raymond's email and would welcome the opportunity to have you give
a presentation (formal or informal) to the trading group on latest research
initiatives in Houston.  Please let us know your schedule so that we do not
overly burden you during your visit.  Look forward to seeing you and catching
up over a beer.
Thnx
Paul
---------------------- Forwarded by Paul Quilkey/ENRON_DEVELOPMENT on
07/05/2000 08:23 AM ---------------------------

Raymond Yeow
07/04/2000 08:21 PM
To: Vince J Kaminski@ECT
cc: Paul Quilkey/ENRON_DEVELOPMENT, Kirsty Hogarth/ENRON_DEVELOPMENT, Elliott
Katz/ENRON_DEVELOPMENT, David Gray/ENRON_DEVELOPMENT

Subject: Your visit to sydney in July

Dear Vince,

Hi !, it's only two weeks until the Aust Energy Risk (17-19 July ) seminar in
Sydney.
Is RISK organising your hotel ?

Otherwise, Kirsty can organise for you,
eg harbour vIew at the Regent or convenience to the seminar location at the
Sheraton ?

We would like to make sure that you have all the necessary "comforts" of home
when you are with us,
Elliott & David can set up a desk for you in the office/trading room with
phone etc
so you can use one of our PC to access email or plug in your laptop.
Please let Elliott or David kmow your requirements.

How long will you be with us ?
Is this your first trip to Sydney ?
There are several of us in the office who would like to take you  for a
meal(s)/ show you the sights etc and
discuss the latest Research findings with you whilst you are in Sydney eg VAR.

Hear from you soon.
Raymond
725pm 4 July


----- Forwarded by Steven J Kean/NA/Enron on 10/16/2000 09:26 PM -----

	Hiroko Ono
	10/16/2000 05:18 AM

		 To: Steven J Kean/NA/Enron@Enron, Mark Palmer/Corp/Enron@ENRON, Gary
Hickerson/HOU/ECT@ECT, Ken Rice/Enron Communications@Enron Communications,
Anthony Duenner/Enron Communications@Enron Communications,
mike.mcconnell@enron.com, jeff.shankman@enron.com, mark.frevert@enron.com,
Paul Chivers/LON/ECT@ECT, Mark Schroeder/LON/ECT@ECT, Jackie
Gentle/LON/ECT@ECT, Greg Whalley/HOU/ECT@ECT, Philippe A Bibi/HOU/ECT@ECT,
Tom McKeever/EU/Enron@Enron, Fiona Grant/LON/ECT@ECT, Jim
Thompson/OTS/Enron@ENRON, Brian Stanley/EU/Enron@ENRON
		 cc: Maureen McVicker/NA/Enron@Enron, Cindy Derecskey/Corp/Enron@Enron,
Stella L Ely/HOU/ECT@ECT, Kelly Kimberly/Enron Communications@Enron
Communications, cathy.phillips@enron.com, Beverley Ashcroft/LON/ECT@ECT,
Tracy Ralston/EU/Enron@ENRON, Liz M Taylor/HOU/ECT@ECT, Anita
Lynch/EU/Enron@Enron
		 Subject: Enron Japan Office Opening Party

Thank you for indicating your intention to attend the office opening.

Attached please find guest information checklist.

It would be grateful if you could arrange to complete and return the
checklist by e-mail at your earliest convenience.

Best regards,

Hiroko Ono
Assistant to Joe Hirl