Enron CFO's Partnership Had Millions in Profit
The Wall Street Journal, 10/19/01
Enron CFO Profited From Partnerships With Company, WSJ Reports
Bloomberg, 10/19/01

The New Power Company Revises Its Netting Agreement With Enron; Provides For Receivables and Inventory Financing
Business Wire, 10/19/01

The Five Dumbest Things on Wall Street This Week
TheStreet.com, 10/19/01

K Street's Top 10: The Shifting Lineup
National Journal, 10/20/01
Houston entrepreneurs added to Texas Business Hall of Fame
Houston Chronicle, 10/20/01
Recession, Budget Cuts, Travel Fears To Subdue LME Week
Dow Jones Commodities Service, 10/19/01
HC to hear DPC's plea
The Times of India, 10/19/01

Enron CFO's Partnership Had Millions in Profit
By Rebecca Smith and John R. Emshwiller
Staff Reporters of The Wall Street Journal

10/19/2001
The Wall Street Journal
C1
(Copyright (c) 2001, Dow Jones & Company, Inc.)

A limited partnership organized by Enron Corp.'s chief financial officer, Andrew S. Fastow, realized millions of dollars in profits in transactions it did with Enron, according to an internal partnership document.
The partnership, in some instances, benefited from renegotiating the terms of existing deals with the Houston energy company in ways that improved the partnership's financial positions or reduced its risk of losses.
Mr. Fastow, and possibly a handful of partnership associates, realized more than $7 million last year in management fees and about $4 million in capital increases on an investment of nearly $3 million in the partnership, which was set up in December 1999 principally to do business with Enron.
The profits from the deals were disclosed in a financial report to investors in the partnership, LJM2 Co-Investment LP, that was signed by Mr. Fastow as the general partner and dated April 30. In one case, the report indicates the partnership was able to improve profits by terminating a transaction early.
The LJM2 arrangement has become controversial for Enron, as shareholders and analysts have raised questions about whether it posed a conflict by putting the company's chief financial officer, who has a fiduciary duty to Enron shareholders, in a position of reaping financial rewards for representing LJM2 investors in business deals with Enron. Investors in LJM2 include Wachovia Corp., General Electric Co.'s General Electric Capital Corp. and Credit Suisse Group's Credit Suisse First Boston.
Attention has focused on Mr. Fastow's partnership activities at a tumultuous time for Enron, which over the past decade grew enormously by becoming the nation's biggest energy-trading company.
This year, though, it has been hit by a string of troubles, from soured business initiatives to executive departures. On Tuesday, Enron announced a $618 million third-quarter loss, because of a $1.01 billion write-off on investments in broadband telecommunications, retail energy services and Azurix Corp., a water company. A small chunk of that write-off, about $35 million, was attributed to ending certain LJM2-related transactions. That termination also produced a $1.2 billion reduction in Enron shareholder equity as the company decided to repurchase 55 million shares that had been part of LJM2 deals.
At 4 p.m. in New York Stock Exchange composite trading, Enron was down 9.9%, or $3.20, to $29 a share. Within the past year, the stock had topped $80 a share.
Enron officials didn't have any comment about the LJM2 partnership document. Enron has consistently said its dealings with LJM2 have been proper. They said the LJM2 deals, like ones done with other parties, were aimed at helping hedge against fluctuating market values of its assets and adding sources of capital.
Mr. Fastow has declined several requests for an interview about LJM2. In late July, he formally severed his ties with LJM2, as a result of what Enron officials said was growing unease by Wall Street analysts and major shareholders. Mr. Fastow has been finance chief of Enron since 1997 and has been with the firm 11 years, which included extensive work setting up and managing company investments.
Michael Kopper, a former Enron executive who an Enron spokesman said is now helping to operate LJM2, declined to comment. He also wouldn't describe his relation to LJM2.
In his April 30 report, Mr. Fastow said the partnership, which raised $394 million, had invested in several Enron-related deals involving power plants and other assets as well as company stock. The document said LJM2 sought a 29% internal rate of return. That was down from a 48% targeted rate of return at the end of 2000, which the document said was due in part to a decline in the value of LJM2's investment in New Power Co., an Enron-related energy retailer. In some transactions, LJM2 did much better than the 29% target, though this sometimes involved renegotiating individual deals.
In September 2000, the partnership invested $30 million in "Raptor III," which involved writing put options committing LJM2 to buy Enron stock at a set price for six months. Four months into this deal, LJM2 approached Enron to settle the investment early, "causing LJM2 to receive its $30 million capital invested plus $10.5 million in profit," the report said. The renegotiation was before a decline in Enron's stock price, which could have forced LJM2 to buy Enron shares at a loss of as much as $8 each, the document indicated.

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

Enron CFO Profited From Partnerships With Company, WSJ Reports
2001-10-19 01:00 (New York)

     Houston, Oct. 18 (Bloomberg) -- Enron Corp.'s Chief Financial
Officer Andrew Fastow realized profits through a limited
partnership that did business with Enron, the Wall Street Journal
reported, citing an internal partnership document.

     LJM2 Co-Investment LP, of which Fastow is a general partner,
made millions of dollars on transactions with Enron, the paper
said. Fastow and possibly a handful of partnership associates made
$7 million last year in management fees and about $4 million in
capital increases on an investment of about $3 million in the
partnership, the paper said.

     Enron shareholder Fred Greenberg filed a lawsuit yesterday,
alleging that Enron's board cost the company at least $35 million
by allowing Fastow to manage partnerships that bought Enron
assets. Enron reported $1.01 billion in third-quarter losses from
failed investments.

The Five Dumbest Things on Wall Street This Week
By K.C. Swanson <mailto:kcswanson@thestreet.com>
Staff Reporter
TheStreet.com
10/19/2001 06:59 AM EDT
URL: <http://www.thestreet.com/markets/dumbest/10002661.html>

1. Bayer Fighting the Bears?
One beneficiary of the anthrax scare has been Bayer AG (BAYZY:OTC BB ADR - news - commentary) , the German chemical maker, which has seen its share price gain 10.4% since the terrorist attacks. But investors bidding up the stock might be getting ahead of themselves.
Bayer makes Cipro, a leading treatment for anthrax. But while the demand for Cipro is high, sales from the drug are only a small portion of the company's overall revenue, which totaled 30.9 billion euros last year (and, according to analysts, will increase even more this year, due to its acquisition of Aventis CropScience, a crop protection and production company). To put the demand for Cipro in context, J.P. Morgan expects U.S. sales of the drug to be approximately 1.2 billion euros for 2001.
Even emergency purchases of Cipro probably won't add that much to Bayer's overall revenues. The president has asked for $643 million for antibiotics to combat bioterrorist attacks. While it's possible that sum will be increased, not all the money would be spent on Cipro.
Besides, it's not even clear that Bayer will remain the only producer of Cipro. Though the company holds the patent for the drug, there's some pressure in Congress for the government to purchase a generic version from other manufacturers.
On another front, Bayer is currently battling a class-action lawsuit related to an anti-cholesterol drug implicated in a number of deaths. It was forced to withdraw the drug from the market.
Bayer may offer protection against anthrax, but that doesn't mean it's a refuge for investors.
2. Losses at Twice the Price
You know things are bad for a company when its losses per share are double the price of the shares themselves. That's the case for i2 Technologies (ITWO:Nasdaq - news - commentary) , the supply-chain software maker. After market close on Tuesday, the company posted losses under generally accepted accounting principles that amounted to $5.5 billion, or $13.25 per share, for the latest quarter, including all charges.
In other words, i2's losses were more than twice the value of its share price, which closed at $5.69 before the announcement.
Much of the huge writedown reflects amortized goodwill from the purchase of Aspect Development in March 2000.
To be fair, investors in companies that have made big acquisitions like i2 typically focus on pro forma earnings, which exclude charges and extraordinary items. By that measure, i2's losses didn't look quite so bad: The company met analysts' consensus expectations with a loss of $55.3 million, or 13 cents per share.
Still, investors met i2's earnings with disapproval, knocking the stock down 25% the day after they were reported.
3. Microsoft's Bag of Tricks
In times like these, there's comfort in knowing business goes on as usual at many U.S. companies. Just like the old days, Microsoft (MSFT:Nasdaq - news - commentary) is in the hot seat for its sharklike behavior toward a competitor.
It stands accused of sending 3,000 fake cereal boxes emblazoned with the words "Microsoft Server Crunch" to customers of rival server software maker Novell. The boxes, according to Novell, contained "a number of false and misleading statements" intended as putdowns of Novell products.
Among the attempted insults were some not-so-clever plays on packaged food. For example, in a reference to Novell's flagship software product, a line on the Microsoft boxes read: "What's the expiration date on that NetWare platform?" (A round of applause, please, for those gut-splittingly funny engineers.)
The boxes also said Novell is shifting its focus from software to consulting services, which Novell says isn't true.
Microsoft spokesman Jim Desler said the cereal boxes were primarily intended to advertise Microsoft services, not to slight Novell. "It was all in the theme of a mock cereal box," he said. "It was a modest campaign."
In response to Novell's complaints, he says Microsoft sent out a letter in September to recipients of the boxes to clarify some of its statements, and it's just agreed to send another letter to appease the company. For the record, Novell said it's not calling off its lawsuit for unspecified money damages.
4. AMD's Feisty Pledge
CEOs don't get their jobs by being eloquent, and it probably would be too much to expect them to sound statesmanlike. But sometimes their oratorical rough edges cross the line into embarrassing.
Case in point: Comments from Jerry Sanders, the CEO of Advanced Micro Devices (AMD:NYSE - news - commentary) , which earlier this week reported a loss for the first time in almost three years. The company, facing harsh pricing competition from Intel (INTC:Nasdaq - news - commentary) , said its revenue was down 22% from a year ago and it expects a likely operating loss for the fourth quarter.
Given recent declines in consumer confidence, the downturn is likely to be extended by several quarters, Sanders admitted. But in a conference call, he indulged in some spirited fist-shaking. Citing the company's so-called "Hammer" architecture for processors, Sanders declared, "We feel that when the upturn comes, we're going to kick ---."
Does this guy carry around a surfboard in his car or what? Mr. Sanders, meet Mr. Reeves.
OK, so we actually kind of admire Sanders' never-capitulate spirit. But his comment seems a little redundant, because just about everybody will look better when the economy turns around. Because that may not be anytime soon, what matters is how companies weather the interim -- feisty pledges notwithstanding.
5. Enron's Rabbit-From-a-Hat Style
Analysts have complained for some time about Enron's (ENE:NYSE - news - commentary) rabbit-from-a-hat style accounting, with which the company produced results that wowed investors without making it quite clear where they came from. Now that its business has taken a sour turn, that tendency has gotten even more unsettling.
To cap off its disappointing earnings results this week -- Enron posted a steep loss after taking a $1.01 billion charge -- the company let drop that its shareholder equity had decreased by $1.2 billion.
In a conference call, CEO Kenneth Lay attributed the reduction in equity to the "removal of an obligation to issue a number of shares." According to a report in The Wall Street Journal, Enron repurchased 55 million shares issued through a series of transactions involving LJM Capital, a partnership that until recently was headed up by Enron's CFO.
TSC's Peter Eavis has written that it appears Enron lent LJM money to buy Enron stock.
Ironically, the company boasted in its earnings release this week that it had expanded reporting of its financial results, presumably to quiet its accounting critics.
Enron's transactions have been so labyrinthine that it's hard to identify exactly if or how they were inappropriate. But the latest revelation, to say the least, does nothing to bolster the company's credibility. Enron, whose CEO resigned unexpectedly in August, had seen its stock fall 59% for the year leading up to its latest earnings release. Since then, it's dropped another 12.6%

The New Power Company Revises Its Netting Agreement With Enron; Provides For Receivables and Inventory Financing

10/19/2001
Business Wire
(Copyright (c) 2001, Business Wire)

PURCHASE, N.Y.--(BUSINESS WIRE)--Oct. 19, 2001--The New Power Company ("NewPower"), a wholly owned subsidiary of NewPower Holdings, Inc. (NYSE: NPW) today filed a Form 8-K with the Securities and Exchange Commission reporting that it has revised its master netting agreement with Enron North America Corp., Enron Energy Services, Inc., and Enron Power Marketing, Inc. (together, the "Enron Subsidiaries").
The amendment affects the Master Cross-Product Netting, Setoff, and Security Agreement (the "Master Netting Agreement") among NewPower and the Enron Subsidiaries, and expands through January 4, 2002, the types of collateral that NewPower is permitted to post to the Enron Subsidiaries.
The effect of the amendment is to reduce, through January 4, 2002, the amount of cash collateral that NewPower is required to post to the Enron Subsidiaries. Under the amended Master Netting Agreement, the first $70 million of posted collateral must be in the form of cash, while amounts in excess of $70 million may consist of not more than $40 million of eligible receivables and inventory of NewPower, valued at discounts specified in the amendment, and subject to a $25 million limit for October 2001. Pledging receivables and inventory is consistent with NewPower's previously announced intention to secure asset-backed financing.
With the amendment and NewPower's cost reduction efforts, and absent a similar rate of decline in commodity prices or other significant events, NewPower believes that it has sufficient financial resources to conduct its business until it secures ongoing asset-backed financing, which will be necessary upon the expiration of the amendment. NewPower has been and is actively seeking to arrange asset-backed financing with other parties, although to date no such arrangements have been secured.
The Company expects to meet its previous estimate of net loss and loss per basic and diluted share for the third quarter ended September 30, 2001. However, customer count and revenues are expected to be slightly lower than previously forecast.
The Company will provide revised guidance for the fourth quarter 2001 and an outlook for 2002 on its third quarter conference call scheduled for Thursday, November 8.

Cautionary Statement

This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. These statements involve risks and uncertainties and may differ materially from actual future events or results. Although we believe that our expectations are based on reasonable assumptions, we can give no assurance that our goals will be achieved. The Company undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Important factors that could cause actual results to differ from estimates or projections contained in the forward-looking statements include our limited operating history; delays or changes in the rules for the restructuring of the electric and natural gas markets; our ability to attract and retain customers; our ability to manage our energy requirements and sell energy at a sufficient margin given the volatility in prices for electricity and natural gas; the effect of commodity volatility on collateral requirements and liquidity; our dependence on third parties to provide critical functions to us and to our customers; and conditions of the capital markets affecting the availability of capital. Readers are referred to the Company's Annual Report on Form 10-K for the year ending December 31, 2000 and our Registration Statement on Form S-1 (No. 333.41412) on file with the Securities and Exchange Commission for a discussion of factors that could cause actual results to differ materially from these forward-looking statements.

About NewPower Holdings, Inc.

NewPower Holdings, Inc. (NYSE: NPW), through its subsidiary, The New Power Company, is the first national provider of electricity and natural gas to residential and small commercial customers in the United States. The Company offers consumers in restructured retail energy markets competitive energy prices, pricing choices, improved customer service and other innovative products, services and incentives.

CONTACT: The New Power Company Investors Kathryn Corbally, 914/697-2444 Kathryn.Corbally@newpower.com Patrick McCoy, 914/697-2431 Manager, Investor Relations pmccoy@newpower.com Media Gael Doar, 914/697-2451 gdoar@newpower.com Terri Cohen, 914/697-2457 Terri.Cohen@newpower.com
08:32 EDT OCTOBER 19, 2001
Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

LOBBYING
K Street's Top 10: The Shifting Lineup
Shawn Zeller

10/20/2001
National Journal
Copyright 2001 by National Journal Group Inc. All rights reserved.

How do the Washington lobbying firms with the heftiest incomes put themselves in the upper echelon of K Street practitioners? Van Scoyoc Associates Inc. does it by signing up a stable of smaller clients and working hard to retain them. Quinn Gillespie & Associates doesn't have a long client list, but it is at the top of the heap in terms of average fee per client. Greenberg Traurig, meanwhile, lured away a rival firm's top rainmaker-and his lucrative book of clients.
These are just some of the business strategies revealed in National Journal's survey of the 10 Washington lobbying firms with the highest fee income from January 1 to June 30. The four top firms at midyear 2001 are the same ones as a year earlier: perennial powerhouses Cassidy & Associates Inc.; Patton Boggs; Akin, Gump, Strauss, Hauer & Feld; and Verner, Liipfert, Bernhard, McPherson and Hand.
But two new players-boasting huge growth rates-are among the firms nipping at the heels of these top dogs.
Greenberg Traurig, which came in at No. 5 in National Journal's midyear 2001 rankings, had never before been in the top tier of Washington lobbying firms. According to PoliticalMoneyLine, which compiles a comprehensive annual list of all lobbying firms, Greenberg Traurig had the 35th-highest income during the first six months of last year.
And No. 7 in the midyear 2001 rankings is Quinn Gillespie, another first-time member of the top 10. Formed just a year and a half ago by former Clinton White House Counsel Jack Quinn and Ed Gillespie-a one-time adviser to House Majority Leader Dick Armey, R-Texas-the firm has seen its fortunes rocket upward. Quinn Gillespie was No. 13 in the first six months of 2000.
In between these two newcomers is Van Scoyoc Associates, ranked at No. 6. There has been a steady rise for Van Scoyoc, which was No. 28 in fee income at the end of 1996, the year in which the 1995 Lobbying Disclosure Act first took effect.
Rounding out the top 10 at midyear 2001 are stalwarts Williams & Jensen; Washington Council Ernst & Young; and Barbour Griffith & Rogers.
National Journal ranks the top-10 lobbying firms every six months by tallying the fees that firms report to the House and Senate as required under the 1995 legislation. National Journal tabulates total fees for only the 25 top firms in PoliticalMoneyLine's comprehensive annual survey.
With its $16.68 million in fees for the first six months of the year, Cassidy & Associates continued to blow away the competition. The last time any firm reported a six-month total larger than Cassidy's was during the first half of 1998, when Verner, Liipfert led the way. During the first six months of this year, Cassidy & Associates received a massive fee of $1 million from the Taiwan Studies Institute, a think tank with close ties to the Taiwanese government; Boeing Co. paid Cassidy & Associates $600,000; and Tiffany & Co. paid it $400,000 to lobby on legislation that would bar diamonds mined in conflict-ridden areas of the world from entering the global market.
Despite the economic downturn and the terrorist threat, lobbying goes on, company Chairman Gerald S.J. Cassidy said. "During difficult times, people come to Washington with their problems. During more-robust times, they come seeking opportunities."
But the biggest story at midyear was the rise of Greenberg Traurig. The firm, which posted just $1.71 million in lobbying fees during the first half of 2000, saw that amount more than quadruple to nearly $8.7 million this year. Much of the credit goes to Jack Abramoff, the conservative K Street mover and shaker who is an ally of House Majority Whip Tom DeLay, R-Texas. Last year, Abramoff left his old firm, Preston Gates Ellis & Rouvelas Meeds, and brought $3 million in business with him to Greenberg Traurig. Preston Gates, which was ranked in the top five during Abramoff's tenure, dropped out of National Journal's rankings this year. The lobbying firm's fees fell by nearly 50 percent.
Abramoff continued to make rain at Greenberg Traurig, billing $860,000 to the Mississippi Band of Choctaw Indians, $500,000 to the Commonwealth of the Northern Mariana Islands, and $300,000 to garment manufacturers that operate in that U.S. territory. A few new clients also forked over big bucks: the Coushatta Tribe of Louisiana ($440,000); Voor Huisen Project Management, a homebuilder with international operations ($300,000); and the American International Center ($100,000). Despite initial concerns among some Greenberg Traurig partners about whether Abramoff would fit in, Abramoff insists that his team of lobbyists has been "totally integrated" into the firm.
But Abramoff wasn't the only one responsible for Greenberg Traurig's higher earnings. Ronald W. Kleinman, a former State Department lawyer, persuaded Congress with the help of several Greenberg Traurig colleagues to pass Section 2002 of the 2000 Victims of Trafficking and Violence Protection Act. This section of the law ordered the Treasury Secretary to use Cuban government funds that are frozen in U.S. banks to compensate the families of three men who had won multimillion-dollar judgments against Cuba under a 1996 amendment to the Foreign Sovereignty Immunities Act. The amendment allows victims of terrorism or their families to sue states that are on the U.S. list of state sponsors of terrorism.
Greenberg Traurig represented the families of Armando Alejandre, Carlos Alberto Costa, and Mario M. de la Pena-three members of Brothers to the Rescue, a Cuban-American group that rescues Cubans in the waters off Florida. The three men died when their plane was shot down over international waters on February 24, 1996. The families sued Cuba and were awarded $96.7 million in damages by a U.S. District Court judge in 1997. The State Department opposed payment, but President Clinton signed the trafficking bill. Greenberg Traurig reported a fee of $4 million.
Fred W. Baggett, the chair of Greenberg Traurig's governmental practice group, said this was a one-time fee, but he added that the Cuban case "established a platform so that the firm can support undertaking those one-time efforts in the future," and noted, "We have a few coming down the pipeline."
Baggett said the firm has cases involving an American killed in Jerusalem by the Palestinian group Hamas, and Americans who were used as human shields in Iraq during the Persian Gulf War. None of the Americans was killed, and all were eventually released.
Taking the flip side of the mega-fee approach was Van Scoyoc Associates, which reported receiving no fee above $180,000. Nonetheless, the firm continued its steady rise. A key reason, said firm President H. Stewart Van Scoyoc, was the ability to recruit and retain clients. The firm signed up 34 clients between January 1 and June 30, while only nine out of 159 clients terminated contracts during the period.
"We work hard at defining the relationship with a client before we sign a contract," said Van Scoyoc. "We make sure we're clear on the goals and objectives, and in a typical relationship, we don't guarantee that we can do everything." The firm's $6.24 million total for the first half of 2001 was 23 percent higher than its fees for the same period last year.
Quinn Gillespie's ascent into the top 10 was more along the lines of Greenberg Traurig's. Quinn Gillespie's billings were almost $6.09 million at midyear 2001, a 71 percent rise over the same period last year. The firm has only 34 paying clients, but the average fee per client-$180,000-is the highest among the top 10. During the six months, the British Columbia Lumber Trade Council paid a fee of $540,000 to Quinn Gillespie, while Enron Corp. paid $525,000. The Canadian group hoped its high-powered lobbyists would win greater access for Canadian lumber in the United States, but U.S. tariffs were reinstated earlier this year. Lobbying for Enron focused on energy deregulation, particularly in California. Enron is a major creditor of Southern California Edison, the utility whose financial woes resulted in power shortages in California last summer.
Quinn Gillespie's staff has grown from nine at the time of the founding to nearly 30 today. "We like to think we have a toolbox here-people who may be Republicans or Democrats but who also have different skills that benefit the client," Quinn said.
Patton Boggs had fees of $10.26 million in the first six months of 2001, but that was just a 5 percent rise over the same period in 2000. Still, the firm leapfrogged over Verner, Liipfert to capture the No. 2 ranking. Patton Boggs earned $360,000 from Russia's government-owned NTV television network, which was at the center of a controversy earlier this year when the government took over the independent network and ousted its staff.
Akin, Gump also jumped past Verner, Liipfert to No. 3 in the rankings, posting $9.48 million in fees-a 16 percent increase over a year earlier. Akin, Gump's biggest client was the troubled tire manufacturer Bridgestone/Firestone Inc., which paid just over $1.5 million in fees. Akin, Gump also earned big money from AT&T ($800,000) and the Gila River Indian Community ($620,000).
At No. 4, Verner, Liipfert saw the biggest drop in fees, taking in $8.84 million in the first six months of 2001-down 16 percent from the same period in 2000. Verner, Liipfert lost lucrative contracts with Puerto Rico after the government there changed hands last year. (See this issue, p. 3273.)
Rounding out the top-10 rankings, Williams & Jensen at No. 8 billed $5.68 million, a 12 percent increase over the first half of 2000, while Washington Council Ernst & Young saw its fees drop 11 percent to $5.5 million. The firm fell four places to No. 9 in the rankings. Barbour Griffith & Rogers's fee income was up 7 percent to $5.48 million, putting the firm at No. 10.
Falling out of the midyear top-10 rankings were Preston Gates-No. 6 at midyear 2000-and PricewaterhouseCoopers, No. 7 last year. PricewaterhouseCoopers's billings were $5 million for the period, a 6 percent drop from the first half of 2000.

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

Oct. 19, 2001
Houston Chronicle
Houston entrepreneurs added to Texas Business Hall of Fame
By TOM FOWLER
Copyright 2001 Houston Chronicle
The Texas Business Hall of Fame's annual awards ceremony Thursday night honored four Houston business leaders.
The event at the George R. Brown Convention Center put the spotlight on Weingarten Realty Investors Chairman Stanford Alexander; Compaq Computer founder and former Chief Executive Officer Rod Canion; retired Reliant Energy Chairman and CEO Don Jordan; and Dynegy Chairman and CEO Chuck Watson.
This is the 19th year the nonprofit Texas Business Hall of Fame Foundation has honored the state's business leaders with a dinner and induction event.
As chairman of Weingarten Realty Investors, Stanford Alexander built the company into one of the nation's largest publicly traded real estate companies.
After serving in the U.S. Air Force, Alexander joined J. Weingarten, a Houston-based chain of 87 supermarkets. He later became an executive with Weingarten Markets Realty Co., an affiliated real estate firm that developed free-standing supermarket stores.
The firm later changed its name to Weingarten Realty. The Houston-based company is now publicly traded on the New York Stock Exchange.
Weingarten owns shopping centers, warehouses and other property in 17 states from coast to coast.
Weingarten's notable developments in Houston include the upscale Village Arcade near Rice University and the Centre at Post Oak, across from the Galleria.
Rod Canion came up with the idea behind Compaq in 1982 after a trip to a local ComputerLand store. Along with colleagues from Texas Instruments, Jim Harris and industrial designer Ted Papajohn, Canion envisioned a portable computer that ran all the programs that operated on the IBM PC.
By the next year, the company was producing the original Compaq luggable computer, a move that essentially created the modern PC industry. By 1987, its fifth year, the company made business history by breaking $1 billion in sales, the fastest pace ever for a corporate startup.
Canion left Compaq in October 1991 but continued to be active in other ventures. In 1992, he founded Insource Technology Group, a consulting services and network engineering firm, and continues to serve as chairman.
Don Jordan has been in the forefront of Houston business and society for decades. And even though he retired from the post of chairman and chief executive at Reliant Energy in late 1999, he has remained active in the city's growth and development.
Jordan was with Reliant and its predecessor Houston Industries for 44 years and helped position the company for its eventual split between the company's regulated businesses, such as HL&P and Entex, and unregulated business that is now called Reliant Resources.
Jordan, along with his corporate rival Ken Lay of Enron, was instrumental in the successful campaign last year to convince voters to approve the use of public funds to build a new arena downtown for the Houston Rockets.
Jordan has spent a lot of time on the Houston Livestock Show & Rodeo board and many other civic groups.
Chuck Watson has built Dynegy into one of Houston's leading energy companies, but he is more well-known for his forays into the world of sports.
Watson established NGC Corp., Dynegy's predecessor, in 1985 and served as president until becoming chairman and chief executive officer in 1989.
Recently Watson was revealed to be the largest investor in the limited partnership assembled to put together the Texans, Houston's National Football League franchise. It begins playing next year.
Watson also owns the Aeros, Houston's American Hockey League team.
Watson's support was also pivotal to getting voters last year to approve the use of public funds for the new downtown arena. Watson had opposed an earlier deal to use public money to build the facility.
Watson has also been a strong supporter of Houston's bid to land the 2012 Olympic Games.
To date, the foundation has awarded more than $1.8 million in scholarships to students pursuing business degree at Texas colleges and universities.

Recession, Budget Cuts, Travel Fears To Subdue LME Week
By Mark Long
Of DOW JONES NEWSWIRES

10/19/2001
Dow Jones Commodities Service
(Copyright (c) 2001, Dow Jones & Company, Inc.)

LONDON -(Dow Jones)- The many travails of the metals industry will dampen the spirits of those who make it to the annual round of meetings and parties at London Metal Exchange Week, which starts Monday.
In what is expected to be a much smaller group of delegates than usual, conversations will be dominated by fears of global recession smothering already-lousy demand, the increasingly pressing need for production cuts, and the exit of several important participants from the metals business.
Cuts in companies' travel budgets and fears of flying are keeping many of the usual attendees away from London this year, dealers and analysts said.
"Sentiment is going to be bearish, and we've just heard in the past few days of people who were previously going to come along not coming, largely on their companies' advice," said Adam Rowley, an analyst at MacQuarie Bank in London.
Indeed, a representative at another major bank said fully half of the guests expected at its satellite activities have canceled.
Forecasts for base metals demand and average prices have been widely revised downward in the past few weeks, particularly since the impact of the Sept. 11 terror attacks accelerated the world economic slowdown.
Just this week, Standard Bank ratcheted its expectations lower, with LME cash copper - a bellwether for the complex that's especially sensitive to industrial productivity - seen at $1,350 a metric ton in December 2001, down from an actual year-to-date average in 2001 of $1,619/ton.
Producers are reluctant to cut copper output, and declining Chinese imports and weak demand in the west mean there is still further downside potential for copper, Standard Bank analyst Robin Bhar said.
With demand for base metals slumping so sharply, eyes have been turning to the producers to make moves on the supply side.
In copper, analysts say U.S. producers are the most likely to cut back, as the recent strength in the dollar hits their bottom line the hardest. However, a recent slump in energy prices has kept the wolves from the door so far for some producers in an industry that's energy-intensive.
Elsewhere, zinc is suffering from a supply glut that recently pressured the LME three-month price to a 17-year low of $766 a metric ton.
The troubles of Australian zinc producer Pasminco Ltd. (A.PAS) will surely be a hot topic, following the company's move to voluntary administration due to its large debt load, dealers said.
But aside from all the market concerns, the most worrisome topic will likely be the recent succession of companies bailing out of or reducing their commitment to the metals business, market participants said.
In the past week, N.M. Rothschild & Sons Ltd. quit the base metals business and ScotiaMocatta - the metals trading arm of the Bank of Nova Scotia (T.BNS) - removed itself from open-outcry ring trade at the LME. Earlier this month, Enron Metals said it would cut staff by 10%-20% in Europe, and all these moves follow Mitsui Bussan Commodities Ltd. ditching its market-making activities in the metals business earlier this year.
Who's next?
"It could be anyone," is the refrain from nearly all market participants surveyed.
-By Mark Long, Dow Jones Newswires; +44 (0)20 7842 9356; mark.long@dowjones.com

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

HC to hear DPC's plea

10/19/2001
The Times of India
Copyright (C) 2001 The Times of India; Source: World Reporter (TM)

MUMBAI: The Bombay high court will, on December 11, begin hearing a petition filed by Enron-promoted Dhabol Power Company (DPC), challenging the jurisdiction of the Maharashtra Electricity Regulatory Commission (MERC) to adjudicate the US-based multinational's dispute with Maharashtra State Electricity Board (MSEB).
A division bench headed by Justice Ajit Shah decided to hear the matter at a stretch for a week beginning from December 11. The court permitted MERC members P. Subrahmanyam and Venkat Chary to be impleaded as respondents. They have been asked to file affidavits by November 9.
The multinational power giant had levelled certain allegations of bias against an MERC member Jayant Deo. Mr Deo urged the court that he would like to recluse himself from the proceedings.
DPC was allowed to amend its main petition in view of the allegations levelled against Mr Deo and were asked to amend it within week.
In his affidavit replying to allegations of bias by the DPC, Mr Deo said he was neutral in his stand as a MERC member.
The court has made it clear that when the hearing in the case commences, two intervening parties, US Exim Bank and a consortium of 11 offshore lenders of DPC would not be allowed to make any pleadings. The court, however, said they would be permitted to assist the court by making oral submissions.

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


Kim,
 I have reviewed your markup of the redlined contract I forwarded to you last
Wednesday.  Since you confirmed that we were merely putting into place a
three month contract, we should be able to resolve the issues rather
quickly.  If we were working on the Master, I would agree that we are a long
way apart.  Let me respond to the changes you put in your last redline.

 1. Delete the definition of "Credit Support Provider".
 2. Add definition as follows:  The term "Guarantor" means, as to Seller,
Seller's ultimate parent, Enron Corp.
 3. Restore the definition of Material Adverse Change to the language as
provided in my redline to you.  It is the position of our Credit Department
that a rating of BBB- is considered investment grade and as such that is the
benchmark below which a material adverse change would be triggered.  Enron
Corp. is currently rates as BBB.
 4. The changes that you made in 2.1.1, 2.1.2, and 2.2.1 are okay.  The
change that was made to 2.2.2. should be deleted.
 5. The change that was made to 2.3.1 and 2.4.1 is okay.
 6. The changes that were made in 9.1 should be removed because the sale and
purchase quantity is based on the DCQ.   Note that all settlements under the
Contract are based on the DCQ and any variations between actual and DCQ is to
be handled between the party and its transporter.
 7. The change in 9.3 should be changed back to five (5) Days instead of 10
Days.  5 days is the equivalent of 60 days deliveries, changing to 10 would
mean 65 delivery days have elapsed before the Seller can notify Buyer of a
payment default.
 8. The change in 10.2 of "at or" should be restored.  This is a 3 month
deal.  Seller's position is that Buyer is responsible for any taxes at or
after delivery.  Future Taxes are not applicable to a 3 month deal.
 9. All of the changes made to 12.2, 12.3 and 12.5 should be removed.  There
is no partial force majeure, a party is either unable to perform because of
the event or the party can perform.  Please explain how the loss of Buyer's
market could be due to an event of Force Majeure and why the Buyer should not
be required to find a new market during such period.  Force Majeure should
only allow termination if the period extends for more than 180 Days and then
it should only be a triggering event allowing the other party to terminate
and collect a Termination Payment.
 10.   The change in 14 should be deleted.  There is no event which would
allow early termination other than a Triggering Event.
 11. Please explain the changes in 16.4.  Seller has provided all of the
notice address information that will be put in the Contract.  No telephone
number or other address will be added.
 12. All of the changes made to 17.1, 17.2, 17.3 and 17.4 should be deleted
and the original language provided in my previous redline should be
restored.  These are requirements set forth by Enron's credit requirement and
are not subject to negotiation by me.
 13. I have no problem with the changes proposed for 18.1, 18.2, 18.3 nor the
addition of 18.4; however, I do not believe that either party would be able
to locate qualified arbitrators who would agree to the shortened periods.
Please reconsider.
 14. The changes made to the guaranty document appear to be acceptable and I
would forward same to Enron Corp. for their consideration.

 Please review the Contract in light of the matters raised above and let me
have your comments so that we can get this finalized as soon as possible.

	"Kim Decell" <kdecell@gassupplyconsulting.com>
	11/28/2000 01:48 PM

		 To: <Dan.J.Hyvl@enron.com>
		 cc:
		 Subject: WPS contract

Dan-

Attached is a redline document showing our counter to your redline proposal.
The majority of your changes were fine, from my perspective, with minor
tweaking (for example, timelines in arbitration).  The two primary items I
think we will need to discuss are (1) Taxes and (2) the definition of a
Material Adverse Change.  Please see my suggestions and then we can discuss.
As part of this discussion, could you please provide Enron North America
Corp's and Enron Corp's S&P debt ratings?

Please note that any changes we discuss will be subject to the final
approval of Wisconsin Public Service.

Please provide me with an estimated response time (ie, this afternoon,
tomorrow morning), so I can keep WPSC apprised.

Thanks for your help!

Kim Decell

Gas Supply Consulting, Inc.
(281)558-0735
kdecell@gassupplyconsulting.com

 - WPS Enron redline response COMPARE GSC counter.doc


Thanks Jean!  Emily--sounds like it will happen soon.  DF

From: Jean Mcfarland/ENRON@enronxgate on 03/28/2001 11:09 AM
To: Linda Trevino/ET&S/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON, Kelly
Strader/ENRON@enronXgate
cc: Bob Martinez/ENRON@enronXgate

Subject: RE: contract approvals

Linda -- Thank you for the update.

Drew -- someone from the Houston IT staff will contact you to schedule the
conversion to Outlook.  Let me know if you have any questions.

Kelly --  Drew can be reached at 5-2455.

Thanks.  Jean

 -----Original Message-----
From:  Trevino, Linda
Sent: Wednesday, March 28, 2001 11:02 AM
To: McFarland, Jean
Cc: Fossum, Drew
Subject: contract approvals

Jean,

I have removed Drew from the CMS routing system.  You are free to go ahead
and update his PC to Outlook and Windows 2000!

Thanks

Linda
---------------------- Forwarded by Linda Trevino/ET&S/Enron on 03/28/2001
11:01 AM ---------------------------

	  From:  Drew Fossum                           03/26/2001 01:05 PM

To: Linda Trevino/ET&S/Enron@ENRON, Karen Brostad/ET&S/Enron@ENRON, Dari
Dornan/ET&S/Enron@ENRON, Tony Pryor/ET&S/Enron@ENRON
cc:

Subject: contract approvals

I need to get on msoft outlook asap and get off lotus notes.  To accomplish
that, I'd like CMS contract approval emails to go to Tony for the south end
end and Dari for the North end, for discussion with me orally and approval on
their computers.  Can we do this??   If not, we need a better system that
allows me to get off lotus notes.  thanks. df


The earliest time production of MeOH may begin is now Sunday evening.


This buy/sell ticket with Calp takes forever. I've been pathing for 4 hours
on just one side of it. It's very hard to keep physical flow versus this
accounting flow straight. If Enron wants it done this way... may need to hire
a full time pathing person. Can you tell... how unhappy this makes me.

Also... not sure how Hopewell should be done and SIT. I just pathed the
amount of 4500 baseload, plus the extra gas that was bought about a week ago.
Reality... the hopewell ticket should be actualized to burn and SIT is used
to make up the difference. Not sure how Enron wants this done.

Kathy and Victor... will definately need your help in the bridging process
and clean-up. Have no clue how this is done and not sure how time consuming
this will be.

TCO said the contraints will still be in place through the week... so most
our time will be scheduling gas and dealing with cuts.

Need help with accounting
process!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Thank you.


you lucked out.  there isn't a hurricane.


Start Date: 3/9/01; HourAhead hour: 18;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001030918.txt


Effective November 21, 2000, there will be a new procedure for lunch.  EOL
traders and deskheads will eat first.  Then, your assistant will notify you
when the rest of the traders can eat.   This new procedure is to ensure the
EOL traders will not be away from their desk a long period time during
lunch.

Thank you for your cooperation.


no comments.  thanks. DF

DENISE LAGESSE
01/11/2000 12:24 PM
To: Philip Crowley/ET&S/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON, Kathy
Ringblom/ET&S/Enron@ENRON, Louis Soldano/ET&S/Enron@ENRON
cc: Maxine Smith/ET&S/Enron@ENRON, Martha Benner/ET&S/Enron@ENRON, Ann
Smith/ET&S/Enron@ENRON, Jan Cobden/ET&S/Enron@ENRON

Subject: REMINDER: Weekly Significant Litigation Report

If you have comments to the weekly report, please forward them to me asap.
If you do not have comments, please let me know so that I can make a note of
it.  Thanks!

---------------------- Forwarded by Denise LaGesse/ET&S/Enron on 01/11/2000
12:17 PM ---------------------------

DENISE LAGESSE
01/07/2000 02:40 PM
To: Eric Benson/ET&S/Enron@ENRON, Janet Butler/ET&S/Enron@ENRON, Jan
Cobden/ET&S/Enron@ENRON, Janet Cones/FGT/Enron@ENRON, Shelley
Corman/ET&S/Enron@ENRON, Philip Crowley/ET&S/Enron@ENRON, Theresa
Hess/ET&S/Enron@ENRON, Staci Holtzman/FGT/Enron@ENRON, Tamara
Hopkins/ET&S/Enron@ENRON, Lee Huber/ET&S/Enron@ENRON, Frazier
King/FGT/Enron@ENRON, Candace Kyle/ET&S/Enron@ENRON, Ruth
Mann/ET&S/Enron@ENRON, Dorothy McCoppin/FGT/Enron@ENRON, Michael
Moran/ET&S/Enron@ENRON, Peggy Phillips/FGT/Enron@ENRON, Tony
Pryor/ET&S/Enron@ENRON, Colleen Raker/ET&S/Enron@ENRON, Bret
Reich/ET&S/Enron@ENRON, Susan Scott/ET&S/Enron@ENRON, Emily
Sellers/ET&S/Enron@ENRON, Maxine Smith/ET&S/Enron@ENRON, Louis
Soldano/ET&S/Enron@ENRON, Kim Wilkie/ET&S/Enron@ENRON, Martha
Benner/ET&S/Enron@ENRON, Dari Dornan/ET&S/Enron@ENRON, Drew
Fossum/ET&S/Enron@ENRON, Maria Pavlou/ET&S/Enron@ENRON, Kathy
Ringblom/ET&S/Enron@ENRON, Ann Smith/ET&S/Enron@ENRON, Jim
Talcott/ET&S/Enron@ENRON
cc:

Subject: Weekly Significant Litigation Report

Attached is the Weekly Significant Litigation Report for the week of Dec.
20.  Please add your comments for this week
and last week, and submit them to me by EOB Monday, Jan. 10.

If you have received this e-mail in error, please disregard; I'd rather
include everyonethan risk omitting someone.   Thanks very much!  :)


Doug,

Here's the revised CA.  I highlighted the changed terms.  In addition, I
deleted the prior paragraph 11 which said that the agreement supercedes a
prior CA.

I don't know if the InterGen indentity and signatory are the same,  but
obviously I left that for you to determine.  I expect that the Enron entity
which will bid will be EPMI, so I used that entity.

I beefed up the definition of confidential information due to the complexity
of the issues, and I added 6 months to  the term since things won't get
cranked up for a while.

I look forward to talking to you at your convenience.  Have a good weekend.

Kay


---------------------- Forwarded by Susan M Scott/HOU/ECT on 08/31/2000 07:56
PM ---------------------------

Susan M Scott
08/31/2000 07:52 PM
To: lnmay@aol.com
cc:
Subject: Reports2


Please see attached.

Overall, it was a good weekend.

Thank you,
Christine and Beverly


_________________________________________________________________

            B R E A K F A S T   W I T H   T H E   F O O L
                     Tuesday, December 5, 2000

benjamin.rogers@enron.com
_________________________________________________________________

 Sponsored By: Scottrade
 Open an account at Scottrade.com! $7 Trades, 120+ offices,
 personal brokers, FREE REAL TIME Quotes & live charts. Visit
 Scottrade.com today to find the branch office nearest you.
 http://www.lnksrv.com/m.asp?i=227742

"One hundred thousand lemmings can't be wrong." -- Graffito

3COM DISAPPOINTS
Can a cash-rich balance sheet offset a slowdown in orders?

By Rick Aristotle Munarriz

There was a time when 3Com (Nasdaq: COMS) networking equipment
and U.S. Robotics modems meant techie heaven. That time has long
since gone. Citing a shortage of parts and a slowdown in orders
from telco carriers, the company warned that third-quarter
results would come in softer than expected.

3Com is now projecting revenues for the period to come in
between $765 million and $780 million -- more than $100 million
below analyst estimates. A loss of $0.19 to $0.23 a share is
also nearly three times as wide as Wall Street's forecast for an
$0.08 deficit.

3Com had already begun to fade away from the investing community
radar. Once the company completed its spin-off of personal
desktop assistant maker Palm (Nasdaq: PALM) back in July, growth
investors had little reason to stick around. Standard & Poor's
felt the same way. It ditched the company in favor of its Palm
sprout for its S&P 500 Index.

While there are no guarantees, shareholders might take solace in
knowing that 3Com remains cash-rich. With $2.7 billion in cash
and short-term investments, the company is stacked with $7.75 a
share in greenbacks. In theory that should help limit the
downside not much farther below the $9.50 the stock was fetching
in after-hours trading yesterday. But even that may prove to be
knobby-kneed shelter if losses continue to widen. However, 3Com
believes that the carrier orders have simply been put on hold --
not hung up on the receiver. Shareholders better hope that 3Com
is making the right call this time.
_________________________________________________________________

NEWS TO GO

A slowdown in orders will also be taking a toll on Xilinx
(Nasdaq: XLNX) this quarter. The specialty chip maker warned
that it too would be reporting revenues short of analyst
expectations. Like its rival Altera (Nasdaq: ALTR), who had
warned just last week, an inventory backlog will not be a
painless fix.

It's time to pay for play at MP3.com (Nasdaq: MPPP). The popular
digital music site has now unveiled a "Premier Service" upgrade
to its existing My.MP3.com listening solution. For $49.95 a
year, users can beam up to 500 CDs to their account and stream
as many as 300 songs in a row without interruption. While the
free service never capped the allowable discs, it did have to be
restarted after playing every 50 selections. So much for the
free music revolution -- though the free basic My.MP3.com
service seems set to continue.
http://www.lnksrv.com/m.asp?i=227743
http://www.fool.com/m.asp?i=227744

Finland's Nokia (NYSE: NOK) should give the wireless sector a
roaming charge this morning after the top dog announced that it
expects revenues to grow in the 25-35% range through at least
2003. Nokia controls nearly a third of the global wireless
handset market.

While weakness in online advertising is certainly not news
anymore, industry leader DoubleClick (Nasdaq: DCLK) confirmed
the malaise by sending out pink slips yesterday. The layoffs are
minor relative to other realignment sackings -- less than 10% of
its workforce -- but it does confirm the hard times in the realm of
Internet marketing. Brother, can you spare a banner ad click?

The thong throng? According to Bloomberg.com, News Corp. (NYSE:
NWS) and Disney (NYSE: DIS) have received European Council
approval to team up with Brazil's Globosat Programadora for a
joint venture in the latter's home turf. So an Australian media
giant teams up with a stateside titan and a local behemoth to
produce Brazilian television programming -- and Europe nods?
It's a small world after all.
_________________________________________________________________

EDITORS' PICK

Paul Commins wants you to understand why the Rule Breaker's
knickers aren't in a knot every time the market is down.
http://www.fool.com/m.asp?i=227745
_______________________________________________________________

-News & Commentary
 http://www.fool.com/m.asp?i=227746

-Fool Community
 http://www.fool.com/m.asp?i=227747

-Post of the Day
 http://www.fool.com/m.asp?i=227748

-Latest Fribble
 http://www.fool.com/m.asp?i=227749

-Latest Market Numbers
 http://www.fool.com/m.asp?i=227750
____________________________________________________________

My Portfolio: http://www.fool.com/m.asp?i=227751
My Discussion Boards: http://www.fool.com/m.asp?i=227752
My Fool: http://www.fool.com/m.asp?i=227753
Fool.com Home: http://www.fool.com/m.asp?i=227754
My E-Mail Settings: http://www.fool.com/m.asp?i=227755

 Sponsored By: Scottrade
 Open an account at Scottrade.com! $7 Trades, 120+ offices,
 personal brokers, FREE REAL TIME Quotes & live charts. Visit
 Scottrade.com today to find the branch office nearest you.
 http://www.lnksrv.com/m.asp?i=227756

17 STOCK IDEAS, ONE REPORT
 Don't miss our best-selling research product, Industry
 Focus 2001. Available in electronic download or hard copy.
http://www.lnksrv.com/m.asp?i=227757

ATTENTION, BIOTECH INVESTORS: NEW INVESTING GUIDE
  Learn to analyze the potential of biotech companies
  with our new biotech investing guide.
http://www.lnksrv.com/m.asp?i=227758

FOOL DIRECT E-MAIL SERVICES
 Need to change your address or unsubscribe? You
 can also temporarily suspend mail delivery. Click here:
http://www.fool.com/community/freemail/freemaillogin.asp?email=benjamin.rogers
@enron.com>

Have ideas about how we can improve the Fool Direct or new
e-mail products you'd like to see? Try our discussion board:
http://www.fool.com/m.asp?i=227759
____________________________________________________
(c) Copyright 2000, The Motley Fool. All rights reserved. This
material is for personal use only. Republication and
redissemination, including posting to news groups, is expressly
prohibited without the prior written consent of The Motley Fool.

.

MsgId:
msg-6183-2000-12-05_9-01-50-3251057_2_Plain_MessageAddress.msg-09:06:33(12-05-
2000)
X-Version: mailer-sender-master,v 1.84
X-Version: mailer-sender-daemon,v 1.84
Message-Recipient: benjamin.rogers@enron.com


Start Date: 2/28/01; HourAhead hour: 8;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001022808.txt


Lorna,

Thanks for following up on this!


John:

(1) Regarding OptionGrid, Samer can provide you a version that does not write
out empty grids to the file by tomorrow.  He will then try to increase the
max. number of grids from 95 to 320.  And we will write the file to a common
drive that you can access from Windows, without having to FTP the file from
the Unix to the NT drive.

I will check with my director (Zhiyong Wei) to see if we can move up the
timeline for the OptionGrid running on Windows project.

(2) Regarding actual gamma:

PriceDelta = Today's Mid. Price - Prior Day's Mid. Price

Actual delta     = Prior Day's (Option Library) delta * PriceDelta
Actual gamma = Prior Days' (Option Library) gamma * 0.5 * (PriceDelta *
PriceDelta)

(3) Regarding the Asian model, the number of calendar days in a year is
365.25 for the new version using calendar days.
We have to merge the new version into the current production PortCalc that
has the vol. skew changes.  We should have that in a couple of days. I will
inform Errol when we are ready for him to start testing.

(4) Dave is looking into changing PortCalc to provide 2 actual Vegas - one
without skew and one with skew.
From our preliminary analysis, it would require PortCalc, database and report
changes to do this.
Would you also require 2 predictive Vegas and also sensitivities (i.e. +/- 1,
2.5, 5 or 10 % vol.) changes also?

Jeremy
x3-0573


ok....i'm back at the desk.  just reread your email and realized you're actually working at the cafe tonight...cool.

as for the apt., the first really was bound to be more of a meet-and-greet, lay the groundwork situation so maybe it's just as well is was shorter.  next week you'll be able to actually start examining things w/ her a bit more rather than merely establishing a starting point.

i was reading a bunch of my "With God All Things are Possible" book last night and there was a passage that just totally hit home with me which referenced Jesus' reaction to a sinner who approached him.

"he neither condoned nor condemned the sin, he understood it".....it think this is such an important perspective to gain not only in reacting to those around you but almost more importantly to yourself. (bear in mind that this is primarily me talk'n to me, but i thought you might take something away from it as well)

like i said, i'm gonna stick around here for a while and then i will, of course, have the cell phone.

good luck kick'n the cold.

SueBob

PS - if you need a non-drinking partner at the "annual party" i'm in....

 -----Original Message-----
From: 	"Monique Sanchez" <moshuffle@hotmail.com>@ENRON
Sent:	Tuesday, January 08, 2002 1:00 PM
To:	Scott, Susan M.
Subject:	yo

Well, this morning was a little anticlimatic.  We did not get started till
935 bc she her house had flooded this morning and had to make some phone
calls to get things under control.  I was able at least to get the ball
rolling...however I did not get into my huge screwup.  I just started with
what I am feeling now..and why I am here in Utah...a little family
stuff...but no relationship/personal stuff.  She of course asked about
medication and I said I did not want to go that route unless I became so
blah that I couldn't leave the house or go to work...told her..I wasn't
there.  So I told her about my change in diet, no caffeine, no alcohol.  She
thought those were great things.  She advised me to attack this cold...ie:
get rid of it soon..and immediately resume exercise....aerobic exercise in
particular.  She said that it is aerobic, not the anaerobic (weights,yoga)
that are most effective for the funk.  So I bought some echinacea extract
and some echinacicia/zinc lozenges and today i'm gonna continue rest (will
nap this afternoon)...and I should hopefully be good to get a nice snowshoe
hike in the morning before I work tomorrow.

So thats it.  We have an apt on next tues.  I hope to get into everything
else at that point...there was so little time today.  She said DV pays for 8
appointments...so that made me happy.  I think 8 should make a good dent in
things and if I have to fork out a little cash after that point..it should
be worth it.

I'll be back at the cafe at 4 to work.  I'll check email later.  Hope you
are doing well.

Hasta

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


monday--in office
tuesday--in office
wednesday--in office
thurs--vacation
fri.--vacation

	Joseph Alamo
	08/25/2000 12:25 PM

To: California Government Affairs, Paul Kaufman/PDX/ECT@ECT, Marcie
Milner/Corp/Enron@ENRON
cc: Lysa Akin/PDX/ECT@ECT
Subject: Weekly Schedule Request

Please forward to me your anticipated schedule for next week
(August 28 - September 1,2000) by Monday morning the 28th.

Your assistance would be sincerely appreciated.

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


Enclosed is a back-line of the Energy Group's Position Paper reflecting
comments that we have received.  We would like to send this to the CFTC and
Capitol Hill by 4:00 p.m. today.  Please let me know if you have any
additional comments.

We are set for meetings with House and Senate Staff and CFTC Chairman Rainer
on Wednesday, April 12.  Mark Taylor (Enron), Donna Lance (Koch) and Michael
Goldstein (Sempra) have agreed to attend.

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

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

 - Blackline - Position Paper.rtf


you are the best!!!

 -----Original Message-----
From:  Dean, Clint
Sent: Friday, May 11, 2001 3:15 PM
To: Schultea, Adriane
Subject: Re: PEP-reviews

Yes ma'am.

From: Adriane Schultea/ENRON@enronXgate on 05/11/2001 03:06 PM
To: Clint Dean/Corp/Enron@Enron
cc:

Subject: PEP-reviews

So do you want to review this wonderful EOL Power Marketer?   I know you
do....


It was cute!

	Genia FitzGerald
	10/10/2000 03:23 PM

		 To: Marie Heard/Enron Communications@Enron Communications
		 cc: Tana Jones/HOU/ECT@ECT
		 Subject: Re: HOTDOG !This is sooo adorable!

Thanks for inviting me to share Mexican food with you.  Tana said it was YOUR
fault I wasn't invited!!!!!

Genia
----- Forwarded by Genia FitzGerald/HOU/ECT on 10/10/2000 03:21 PM -----

----- Forwarded by Genia FitzGerald/HOU/ECT on 10/10/2000 02:30 PM -----

 - Hotdog PHOTO2.jpg


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 08/11/2000
07:55 AM ---------------------------

Vince J Kaminski
08/11/2000 07:49 AM
To: "perfmgmt@enron.com"<perfmgmt@enron.com> @ ENRON
cc:
Subject: Re: Mid-Year 2000 Performance Evaluation Due

I haven't received yet the final Performance Evaluation Results.
The usual practice is to defer the reviews till   the final summary rankings
are available.

Please, let me know when I can expect it form the HR.

Thanks.

Vince Kaminski

"perfmgmt@enron.com"<perfmgmt on 08/10/2000 05:16:14 PM
To: vkamins@enron.com
cc:
Subject: Mid-Year 2000 Performance Evaluation Due

Sep 01, 2000

THE ABOVE DATE IS WHEN THE MID-YEAR 2000 PERFORMANCE EVALUATION FORMS FOR
DIRECTORS AND BELOW ARE DUE IN HUMAN RESOURCES.

If you have not already done so, supervisors should begin the process of
giving feedback to their employees.  The evaluation forms used to provide
feedback to the employee can be obtained via the Performance Management
System (PEP).

To download the evaluation forms from PEP, please follow the steps below:

1. Log into PEP at http://pep.enron.com .
2. Under Supervisor Services, click Supervisor Evaluation Forms.
3. Right-click on each employee and choose 'Save Target As...' or 'Save Link
As...'
4. Select your own personal directory, choose a file name to save to and
click 'Save'.
5. Repeat for each employee.
6. Now you can complete your evaluation forms from your personal directory
and will not have to access PEP to finalize the form.

Upon completion, please forward the signed evaluation forms to your HR
Representative NO LATER THAN Friday, September 1st 2000.

If you have any questions, please contact the PEP Help Desk at the following
numbers:

In the U.S.:  1-713-853-4777, Option 4
In Europe:  44-207-783-4040, Option 4
In Canada:  1-403-974-6724 (Canada employees only)

Or e-mail your questions to:  perfmgmt@enron.com

Your employees that should receive mid-year evaluations are listed below:

    CRENSHAW, SHIRLEY J
    GANJOO, SHALESH
    GIBNER, PEYTON S
    KOLLAROS, ALEXIOS
    KRISHNARAO, PINNAMANENI V
    MASSON, GRANT S
    RAYMOND, MAUREEN J
    ROBERTS, MICHAEL A
    SERGEEV, MIKHAIL
    SHANBHOGUE, VASANT
    VERNON, CLAYTON J


Chris, deal 762435 for 35,000/d is coming to you at Tetco M3 Index + mid  (i.e. 3.50+.02 for July) and is compared with daily Intra-month curve for notional Index of NGW-Iroq/Wadd to determine daily P&L impact. Deal 646813 is for fuel, where TP1 is getting 500/MMBtu a day at zero price.

Other deals (677411, 624140 and 677408) you mentioned in your note are in New England book and I have asked Kay to look into and get back to you or Scott H.

I am on vacation tomorrow and will follow up with you on Friday. Thanks.

Kimat

 -----Original Message-----
From: 	Germany, Chris
Sent:	Wednesday, July 11, 2001 2:26 PM
To:	Singla, Kimat; Keiser, Kam
Subject:	Iroq Deals

I need to know how the following deals are booked in Brad's book and how they get transferred to the desk:

The 35,000 dth per day Tenn Z6 Boston Gas that goes through March 2007.  Deals 762435, 677411 & 624140.

AND the 2,000 dth per day of Iroq Z2 that goes through Oct 2006.   Deals 677408 & 646813.

Scott Hendrickson and I are talking to Scott Neal about restructuring these deals.


Ken,

Houston's bid for the 2012 Olympic Games is entering the final phase of the
domestic bid process.  This summer, the United States Olympic Committee
(USOC) will conduct initial site visits and evaluations of the eight U.S.
bid cities with the goal being to cut the number of cities to three or four.
This cut will occur in December of this year.  The USOC will be conducting
Houston's site visit July 16-19, 2001.

This site visit is critical to our ultimate success in bringing the Olympic
Games to Houston.  Over the four-day period in which the USOC site
evaluation team is in Houston, two days will be devoted to venue tours and
presentations.  There are eight presentation topics predetermined by the
USOC, one of which is International Strategy. Simply stated, this is where
we show why we think Houston can win on the international level.

As a Port Commissioner and a board member of Houston 2012, I will be part of
the team that presents this section to the USOC site evaluation team.  As
arguably the most identifiable international corporate leader in Houston and
as the Chairman of the 1990 Economic Summit and the 1992 Republican National
Convention, both of which you left with a positive surplus (very important
to the Olympics), you are in an excellent position to discuss Houston's
international status.

George DeMontrond, Susan Bandy (the Houston 2012 Exec Director) and I would
very much appreciate 15 minutes or so of your time to update you on
Houston's bid efforts and discuss your potential participation in the
upcoming site visit. You are our first and only choice, and I'd like the
opportunity to show you how important this is for Houston. We expect the
number of U.S. bid cities to be reduced to four finalists by this December
as a result of these meetings.  I will call Rosalee to schedule a time for a
visit at your offices. All the best and I look forward to catching up with
you soon. I'm attaching my bio, which details the last few years of activity
I've been involved with, most of which emanated from your support for me on
the UH Board of Regents, the 1990 Economic Summit Host Committee, the 1992
RNC Convention and later the GHP. Thank you for everything you've done for
Sarah and me -- hopefully I've reciprocated by doing a good job for you each
time.

All the best, Vidal

Vidal G. Martinez
Winstead Sechrest & Minick P.C.
910 Travis
2400 Bank One Center
Houston, Texas 77002
E-mail: vidal@martinez.net
Direct Tel:  713.650.2737
Fax:  713.650.2400
Cellular:  713.705.1310
Mobile PDA E-mail: vidal@goamerica.net


-----Original Message-----
From: 	Shapiro, Richard
Sent:	Monday, November 19, 2001 7:18 PM
To:	Steffes, James D.
Subject:	RE: Govt Affairs Org Chart
Importance:	High

Can you  forward  both org. charts to me together?
 -----Original Message-----
From: 	Steffes, James D.
Sent:	Monday, November 19, 2001 6:12 PM
To:	Dietrich, Janet
Cc:	Shapiro, Richard
Subject:	Govt Affairs Org Chart

Janet --

Here is the org chart that captures our discussions.  I think that this org and the # of people is the lowest level that can even try to meet the combined needs of ENA and EES.

Total headcount = 21.  The personnel cost = $6.4 MM (total for ENA and EES).

Please let me know if you have any questions.

Jim

 << File: ENA EES Govt Affairs 11.17.01.ppt >>


Harry,

A little birdie told me today was your birthday.  Happy Birthday!!!  Hope you
have a great day and we'll see you guys this weekend.

Robin


555403
broker has Q302

555404
broker has Q302

thanks


Sirs, the survey is ready i think. please review(link in attached msg).
You can modify it if
need be, by logging on as "Haas_205"  password "haas"

If you guys think the survey is ready for prime time, please send out a
plea for responses with the link specified in the attached mail.
Turns out my flight is at 8:30, so I won't be at class tonight. See you
next monday, hope you all have a good weekend, and send mail if you need
to reach me (will try to check 1x daily).

Jonathan

*********************
* Jonathan Hudacko  *
* 510.649.6476 (WK) *
* 415.305.4293 (HM) *
*********************

---------- Forwarded message ----------
Date: Wed, 22 Sep 1999 14:21:52 -0500
From: InetSurvey Support <support@inetsurvey.com>
To: hudacko@haas.berkeley.edu
Subject: Your Survey information

Dear iNetSurvey Subscriber,

Your survey has been created.  You can link to this from your existing web
page.

Survey Id: Haas_205
Title :

To link to this suvrey use
URL : http://www.inetsurvey.com/Survey.cgi/Haas_205/Haas_205

We are continuously enhancing our site and welcome your suggestions. You can
email suggestions to us at sugestions@inetsurvey.com.

If you need assistance or need to report a problem, please contact us via
e-mail at support@inetsurvey.com.

Thank you,

Support Team
iNetSurvey
The Electronic Survey People


Please see the attached letter to Feinstein.


$4.35 by $4.365


The hell you did...don't be a dumb ass.(you need to remember who is giving
you tickets this weekend).
PL


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 03/10/2000
05:19 PM ---------------------------

Lenos Trigeorgis <lenos@ucy.ac.cy> on 03/09/2000 08:15:33 PM
To: lenos@ucy.ac.cy
cc: g.bel@europe.com, scmyers@MIT.EDU, sgren@leland.Stanford.edu,
amicaliz@sda.uni-bocconi.it, ptufano@hbs.edu, JMcCorm215@aol.com,
gst@lilly.com, Vince J Kaminski/HOU/ECT@ECT, lgc@roce-inc.com,
spmurali@aol.com, lorenzo.pupillo@telecomitalia.it, mmoon@fullerthaler.com,
amicaliz@sda.uni-bocconi.it
Subject: Last reminder for slides/bio

This is a last-minute reminder send us all of the following (to be included
in the conference package for the participants):

a. Copy of the transparencies/slides for your talk
b. A one paragraph (10-15 line) bio description
c. A one paragraph (10 line) abstract and 4 one-liner bullet points

There are still missing items in your case. As tomorrow is our last day
before travelling over the Atlantic, and the material still needs to be
organized and sent to a copier to make 100 copies in time, we ask that you
send us the missing items by tomorrow latest.

We appreciate your collaboration in preparing a professional conference for
our corporate colleagues.

Lenos

PS If for any reason you have to send us something after Friday, please cc to
amicaliz@sda.uni-bocconi.it

Lenos Trigeorgis
Professor of Finance
University of Cyprus
Dept of Business
75 Kallipoleos, PO Box 20537
CY 1678 Nicosia CYPRUS

Tel: +357 2 892261
Fax:        339063


I would like the PMA draft to run on 10/30 rather than 10/28.  Thanks.

 -----Original Message-----
From: 	Melethil, Anwar
Sent:	Friday, October 19, 2001 3:52 PM
To:	Baxter, Bryce; Bussell l, Kathryn; Dawes, Cheryl; Ed Terry; Greif, Donna; Hall, Bob M; Heal, Kevin; Howard Camp; Jaquet, Tammy; Kinsey, Lisa; Lakho, Shahnaz; Lamadrid, Victor; Machleit, Shirley; Mcclure, Mark; Olinger, Kimberly S.; Pinion, Richard; Price, Wade R.; Reeves, Leslie; Smith, George F.; Staab, Theresa; Sullivan, Patti; Superty, Robert; Terry, Edward; Wynne, Rita
Cc:	Cuccia, Michael; Mallak, Mutaz; Martinez, Danny; Pena, Matt; Roberts, Steve; Stokes, Darren; Ward, Bob; Warner, John; Zwiers, Jeff
Subject:	Month End Close - October 2001

Please review the attached 'month end close' document and let us know if you would like to make any changes.

 << File: Month End Close -October.doc >>

thanks very much.

Cheers,
Anwar Melethil
(x54460)


FYI.
---------------------- Forwarded by Mona L Petrochko/NA/Enron on 12/12/2000
11:37 AM ---------------------------

	Enron Energy Services

	From:  Jennifer Rudolph                           10/05/2000 03:40 PM

To: Harold G Buchanan/HOU/EES@EES
cc: Beverly Aden/HOU/EES@EES, Edward Hamb/HOU/EES@EES, Mona L
Petrochko/SFO/EES@EES

Subject: California Deregulation Summary

Per Ed's request, here is a summary of California's deregulation history:

If you have any questions, please page me!
---Jennifer
wk 713-345-8206
pgr 877-681-5956


?
 - Second Job.jpg


Kate, This trade was changed on Feb. 20 from COB to Portland General as the
delivery point. Could you check with Diana about this trade. Portland General
is saying it is COB.

KI


For your review and comment.
----- Forwarded by Richard B Sanders/HOU/ECT on 07/30/2000 10:51 AM -----

	Maureen McVicker@EES
	07/24/2000 04:34 PM

		 To: Aleck Dadson/TOR/ECT@ECT, Robert Hemstock/CAL/ECT@ECT, Mark
Palmer/Corp/Enron@ENRON, Richard B Sanders/HOU/ECT@ECT, Richard
Shapiro/HOU/EES@EES
		 cc:
		 Subject: Project Stanley

Attached is the revised document.

PRIVILEGED AND CONFIDENTIAL
- -  Seeking Advice of Counsel - -

Attached is a draft public statement for your review and comment.

The groundrules for using these statements are as follows:

All press inquiries should be directed to Eric Thode.

We will use the more "basic statement" unless press inquiries are specific
and informed by knowledgeable industry participants.

We will use only those parts of the more detailed statement which are
necessary.

The document begins with a background piece to briefly educate Enron
personnel who may not be aware of Project Stanley but may be called upon to
respond to regulators' or customers' inquiries.

Aleck - - please get Seabrou's help filling in the blanks.

Richard - - feel free to forward to outside counsel as you see fit.

 ( REVISED VERSION)


are you here yet


Thanks for the update, Fred. The idea of the meeting is great, and any
further views of the matter should be either expressed in that meeting or by
phone, and not in e-mail to the greatest extent possible.  I think Kay would
agree on the need to discuss this and not write anymore.

To be clear, Fred is  not saying below that that the "eye-rolling" expresses
his or EECC's view of the claim, but he is in fact expressing support for
Kay's view of the claim. Fred is simply saying we should have a team meeting
to get everyone involved on the same page so they understand the matter
properly and don't send mixed signal.

JWVS

	Fred L Kelly
	02/14/2001 05:04 PM

		 To: Ben F Jacoby/HOU/ECT@ECT
		 cc: Keith Dodson/NA/Enron@ENRON, Kay Mann/Corp/Enron@Enron, John
Schwartzenburg/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 Subject: Re: Siemens Westinghouse Points of Contractor- Generator Inspection

Ben - although my role is changing inside Enron, you know I will always help
you as requested/required.  I am discussing this particular situation with
Keith Dodson inside the newly formed EEAS  - we will call you to discuss.

Things I think/recommend should happen regardless:

1)  Your idea of a coordination meeting is good.  The combined efforts of our
teams....., taking 7 months to get the generator uncrated and inspected...,
is not spectacular.

2)  I think that ........, in the right way........, we need to insure that
if anyone asks Janet Dietrich or Delainey whether we were impeded on the
Electrocities project, and......, whether we would really be willing to
litigate a claim based on that..... I want to make sure our answer doesn't
change.  Don't take that the wrong way, but......, I believe there are people
inside ENA and the old EECC that have rolled their eyes in front of
Westinghouse regarding our claim for LD's.  I don't think we have
Westinghouse believing we were impeded (because the Enron team isn't
convinced).  Westinghouse's cooperation might be different if they sincerely
believed that Enron was "impeded".  Kay Mann's input that Enron was really
impeded weighs strong on my mind (I put a lot of weight in Kay's opinions).
If you could get that clarified/reinforced/defined at that level......, we
can insure we are on solid ground in talking w/ Westinghouse.  Kay makes a
good point that it doesn't matter what "...the team believes....".  I
politely disagree and feel that if we convinced ourselves.......,
Westinghouse's cooperation might change.

3)  I think that Kay (and John Schwartzenburg's team if Kay desires) should
advise if any official notifications should be made to Westinghouse (e.g., we
haven't really ever formally "rejected" delivery.... maybe we want to rely on
the correspondance that has evolved, and...... a new letter now would weaken
our case..... but....., I believe you would want Kay (and maybe John if Kay
desires) to advise if any such notification could strengthen our position.  )

Keith and I will call.

Fred Kelly

Phone     713-646-6207
Mobile     713-851-9172


?

Return To Main Menu
Plant
Sources

Multi Grower Request For  Quote

Current  Availabilities

Growit
Buyers'
Guide

Plant Index

Vendor
Listings

[IMAGE]

[IMAGE]

[IMAGE]

Classified
Ads

[IMAGE]

Plant
Sources

[IMAGE]

Supplies and  Services

[IMAGE]

Monthly
Features

[IMAGE]

Plant
Selectors

[IMAGE]

Insects  &
Diseases

[IMAGE]

Knowledge
Base

[IMAGE]

Editing  &
Updating

[IMAGE]

Marketing
Rates

[IMAGE]
	[IMAGE]

	Duranta repens

	[IMAGE]
	Genus :  Duranta
	Species : repens
	Cultivar :
	Common Name : golden dewdrop

	Hardiness Zone(s) Preferred: 9, 10, 11
	Plant Origin : Native to North  America
	Plant Group(s): Shrub
	Planting Use(s) Recommended: Hedge,  Border, Mass Planting, Specimen Plant,
Container Plant, Naturalizing,  Screen

	Light Exposure(s)  Preferred: Full Sun
	Soil Type(s)  Preferred: Sandy, Well-Drained, Alkaline, Drought/Dry, Clay,
Tolerates Acid
	Salt Tolerance:  Moderate

	Height : 6 - 10 Feet
	Spread : 6 - 10 Feet
	Shape(s): Irregular
	Growth Rate(s): Fast

	Flower Color(s): Blue, Lavender, White
	Flower Characteristics: Showy  flowers, Exceptionally fragrant, Year round
flowers
	Fruit Color(s): Yellow
	Fruit Characteristics: Showy fruit, Persistent  fruit

	Leaf Characteristics:  Evergreen
	Leaf Texture: Medium
	Leaf Color(s): Green
	Outstanding Fall Color:

	Bark/Limb Characteristics: Has thorns
	Winter Interest : No

	Notice: The information contained on the following web pages is derived  from
industry sources which are considered reliable. Information is  subject to
change and withdrawal without notice; therefore, it is the  responsibility of
the consumer to verify reliability on an individual  basis based on specific
consumer needs. We assume no responsibility, and  extend no guarantees for
information provided. Trademarked names are used  in an editorial context
with no intent of trademark infringement.

	, 1995 - 2000

 - heading1.GIF
 - Bar.JPG
 - kincaid.gif
 - bushman.gif
 - DURREa1.gif
 - bgTst.JPG


1. What time is it? 9:43 AM
2. Name that appears on your birth certificate? Jennifer Kathleen Bowles
3. Nicknames: Jen, Jenny Poo, Finfrom
4. Parent's names: Jim & Kathy
5. Number of candles that appeared on your last
cake:5
6. Date that you regularly blow them out: If I had candles it would be
August 23rd
7. Pets: none
8. Height:5'4 3/4"
9. Eye Color:hazel
10. Piercing:just two little studs in my ears and second holes that I don't
wear anymore
11. Hair color: blondish brown
12.Tattoos:none
13. How much do you love your job? I really like it although the working
environment is STRANGE -- things are alway shopping though and I love that!
14. Hometown: don't really have one although I'd say Houston or Austin
15. Current Residence: Houston
16. Have you been in love? yes!
17. Currently in love? definitely to the man I'm going to marry
18. Favorite thing about email? It's free and since I've become terrible
about corresponding it give me a change to keep in touch with everyone

19. Ever been toilet papered?: yes, twice
20. Loved somebody so much that it made you cry? Definitely... although I'm
not so sure it was really love looking back...
21. Been in a car crash? yes, I rear ended my friend Janie and almost
totaled my car; plus 2 other fender benders that were not my fault
22. Croutons or Bacon Bits? BOTH
. 2 doors or 4? 4
24. Coffee or IceCream? Of course COFFEE!!!
25. Blanket or stuffed animal? stuffed animal -- I love my bear Bailey that
Becca got me in Budapest
26. Best Color: yellow, black and blue
27. Salad Dressing: Ranch
28. Socks Color? I prefer not to wear socks but if I have to I usually wear
white ones that are ankletts
29. Book you are reading or hope to read? I jsut finished GIrl With a Pearl
Earring, currently my Bible and A Surrendered Wife
30. Favorite Movies: Pride & Prejudice (the BBC version!), You've Got Mail
and Braveheart
31. Favorite Foods: Mexican food and cheeseburgers and French fries!!32.
Song Playing at the Moment: no music at work although every once in a while
some Techno or Sade is blaring from someone's computer
33.Toothpaste: Crest
34. Restaurants: Trudy's (Austin), El Tiempo (Houston) and Guerro's (Austin)
35. Flower: Ranunculas and Queen Anne's Lace
36. Least Favorite Food: celery
37. Favorite Sports to Watch:  Live - tennis, basketball, football and golf
On TV - tennis, golf and basketball (sometimes football if I care about the
team)

38. Fast Food Restaurant: McDonald's and Wendy's
39. When was your last hospital visit:  last year when Mom had surgery
40. Favorite Drink? diet coke
41. What color is your bedroom carpet? khaki
42. How many times did you fail your Permit and or
Driver's Test? NEVER

43. Where do you see yourself in 10 years? I never know.... as long as I
have Matt and good fellowship we will be fine
44. Who is the last person that you got email from
before opening this
one? my friend Mary Rebecca

45. Have you ever been convicted of a crime? no
46. Which single store could you max out your credit
card? Saks

47. What do you do most often when you are bored? look at magazines, talk to
Mom or Sister, go walking -- EMAIL
48. What words or phrases do you often hear
overused?  "I'm over it" and "Not so much..."

49. Friend who lives farthest away? Jen Lally in Germany
50. Most annoying thing: VERY slow drivers on the entrance ramp to the
freeway

51. Best things in the world? God's grace, my family and new experiences
52. Bedtime: Like Nat, I would like to go to bed at 10:00 but it's usually
11:30 or 12:00
53. Who will respond to this fastest? Mary Rebecca

54. Who is the person that you sent this to that is
least likely to
respond? Emily

55. What time is it now? 10:15 AM (I was distracted for a few minutes...)
ENJOY!

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


You are very welcome.  Don't forget about your statement for your phone bill
so we can get that submitted too.  I don't like you paying these bills with
your own money.  I don't know why it bothers me, but it does (per Daphne on
Frasier).

	Kay Mann@ENRON
	05/31/2001 10:46 AM

		 To: Suzanne Adams/HOU/ECT@ECT
		 cc:
		 Subject: Re: Yes, they are deducting for parking

Thanks.

From: Suzanne Adams@ECT on 05/31/2001 10:45 AM
To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: Re: Yes, they are deducting for parking

I've got your bar dues in the mail and have tracking numbers.  You are set.

	Kay Mann@ENRON
	05/31/2001 09:03 AM

		 To: Suzanne Adams/HOU/ECT@ECT
		 cc:
		 Subject: Yes, they are deducting for parking

How do I get on the list for the form?  Could you pretty please check for me?

Thanks,

Kay


I think that you and Allan misunderstood the request from Nelson Wu.  If you
look at his resume, is already with Enron as an Associate.  His e:mail to
Allan Sommer seems to indicate that he is interested in a rotation in Allan's
group.  Normally, I think that associates talk directly with someone in a
group in which they may have an interest.  I don't think that HR gets
involved in this process.  I am not sure how I got into this loop.  It seems
that if Allan has an interest in having an Associate do a rotation in his
group then he should talk with Nelson.  --Sally

	Enron North America Corp.

	From:  Edward Anderson @ ENRON                           07/27/2000 12:25 PM

To: Sally Beck/HOU/ECT@ECT
cc:
Subject: Re: Request for Interview, Associate Rotation

Sally,
 I think this one is for you.  Please do with it as you see fit.
Regards,
Ed Anderson
5-8265

---------------------- Forwarded by Edward Anderson/Corp/Enron on 07/27/2000
12:15 PM ---------------------------

	From:  Allan Sommer                           07/27/2000 12:15 PM

To: Nelson_Wu@enron.net
cc: Edward Anderson/Corp/Enron@ENRON

Subject: Re: Request for Interview, Associate Rotation

Nelson,

Please contact Ed Anderson at HR to schedule the interview.  Thanks.

Allan Sommer

Nelson_Wu@enron.net on 07/26/2000 07:49:46 PM
To: allan.sommer@enron.com
cc:

Subject: Request for Interview, Associate Rotation

Hi Allan:

I  am  writing  you  to express my strong interest in working at Enron Net
Works
International Private Equity.  I am confident that my experience has prepared
me
with  the  broad  skills  and finance expertise necessary for success in
Private
Equity.

The rigorous curriculum in the Anderson School at UCLA has not only confirmed
my
interest in Finance, but also enhanced my accounting skills. After
graduation, I
spent  the first four months of my rotation program in Enron at the Asia
Pacific
Structuring  Group. There I honed my analytical skills, commercial knowledge
and
cross-functional team experience through financial modeling and risk
assessment.
I  provided  robust  analytical  support that resulted in a successful bid
for a
$550  million  power  project in China.  In the past five months at the
Business
Development   Group  of  Enron  Broadband  Services,  I  managed  the
strategic
relationship  between  Enron  and  Microsoft. The deal management tasks
required
broad-based   problem-solving   skills,   effective   communication  and
strong
understanding  of  the technology market. Recently I also proposed and led a
new
initiative in developing broadband online gaming content for the Enron
streaming
media business.

I  have  attached  my resume which details my accomplishments. I look forward
to
speaking with you and further discuss my credentials in a personal interview.
(See attached file: Associate_NelsonWu0725.doc)
Best Regards,

Nelson Wu
58298

 - Associate_NelsonWu0725.doc


---------------------- Forwarded by Eric Bass/HOU/ECT on 03/08/2001 10:01 AM
---------------------------

Anna Ward <anna.ward@travelpark.com> on 03/08/2001 09:53:08 AM
To: "'ebass@enron.com'" <ebass@enron.com>
cc:
Subject: air itinerary

Here is your etkt confirmation....the originals should be at the TAP office
in your building.

Anna Ward
Travel Agency in the Park
1221 Lamar, Suite 718
Houston TX  77010
(713) 860-1101 Direct
(713) 650-7022 Fax

                                          AGENT AW/AW BOOKING REF YTLW6X

                                          BASS/ERIC
                                          YELLOW COPY TO ANNA
                                          ETKT RECEIPT
  ENRON CORP                              TCP .. 2
  1400 SMITH
  HOUSTON TX 77002

   DATE:  MAR 08 2001

SERVICE               DATE  FROM           TO             DEPART  ARRIVE

DELTA AIR LINES       02AUG HOUSTON TX     ATLANTA GA     715A    1023A
DL 540     H          THU   G.BUSH INTERCO W B HARTSFIELD
           NON SMOKING      TERMINAL A
                            SNACK                         NON STOP
                            RESERVATION CONFIRMED         2:08 DURATION
                  AIRCRAFT: MCDONNELL DOUGLAS ALL MD-80 SERIES
                            SEAT 14C NO SMOKING CONFIRMED BASS/ERIC(IDS5C

DELTA AIR LINES       02AUG ATLANTA GA     ST THOMAS      1135A   308P
DL 361     H          THU   W B HARTSFIELD
           NON SMOKING
                            LUNCH                         NON STOP
                            RESERVATION CONFIRMED         3:33 DURATION
                  AIRCRAFT: BOEING 757-200/300
                            SEAT 24D NO SMOKING CONFIRMED BASS/ERIC(IDS5C

DELTA AIR LINES       08AUG ST THOMAS      ATLANTA GA     420P    823P
DL 2028    H          WED                  W B HARTSFIELD
           NON SMOKING
                            DINNER                        NON STOP
                            RESERVATION CONFIRMED         4:03 DURATION
                  AIRCRAFT: BOEING 757-200/300
                            SEAT 36D NO SMOKING CONFIRMED BASS/ERIC(IDS5C

DELTA AIR LINES       08AUG ATLANTA GA     HOUSTON TX     1000P   1115P
DL 1915    H          WED   W B HARTSFIELD G.BUSH INTERCO
           NON SMOKING                     TERMINAL A
                                                          NON STOP
                            RESERVATION CONFIRMED         2:15 DURATION
                  AIRCRAFT: MCDONNELL DOUGLAS ALL MD-80 SERIES
                            SEAT 18C NO SMOKING CONFIRMED BASS/ERIC(IDS5C
              YOUR ETKT CONFIRMATION NUMBER IS: L U I K F 3
               THIS IS A NON-REFUNDABLE FARE THAT REQUIRES
               TRAVEL ON THESE SPECIFIC DATES AND FLIGHTS.
               ANY CHANGES WILL RESULT IN A PENALTY AND/OR
                         ADDITIONAL COLLECTION.
           **************************************************
         YOUR TICKET REFLECTS A NEGOTIATED DISCOUNT FROM THE TAP
              THE PUBLISHED FARE FOR THIS TICKET IS $973.60
           **************************************************

MISCELLANEOUS         06DEC HOUSTON TX
                      THU   ** THANK YOU FOR USING THE TAP **

RESERVATION NUMBER(S)  DL/LUIKF3

BASS/ERIC  S5C0012R1060                  TICKET:DL/ETKT 006 7025575590

**********************************************
THE FEE FOR THIS PERSONAL TRAVEL IS CHARGED BY ENRON CORP
*********************************************
        YOUR TICKET REFLECTS A NEGOTIATED DISCOUNT FROM THE TAP
              THE PUBLISHED FARE FOR THIS TICKET IS $973.60
           **************************************************

MISCELLANEOUS         06DEC HOUSTON TX
                      THU   ** THANK YOU FOR USING THE TAP **

RESERVATION NUMBER(S)  DL/LUIKF3

BASS/ERIC  S5C0012R1060                  TICKET:DL/ETKT 006 7025575590

**********************************************
THE FEE FOR THIS PERSONAL TRAVEL IS CHARGED BY ENRON CORP
*********************************************
THIS IS A NON-REFUNDABLE FARE THAT REQUIRES
TRAVEL ON THESE SPECIFIC DATES AND FLIGHTS.
ANY CHANGES WILL RESULT IN A PENALTY AND/OR
ADDITIONAL COLLECTION.
THIS IS THE PASSENGER RECEIPT FOR YOUR ELECTRONIC TICKET.
PLEASE CHECK-IN WITH PHOTO IDENTIFICATION AND WITH
EITHER (1) THIS RECEIPT OR (2) YOUR CONFIRMATION NUMBER.
                                          AGENT AW/AW BOOKING REF YTLW6X

                                          HUSSER/SHANNA
                                          YELLOW COPY TO ANNA
                                          ETKT RECEIPT
  ENRON CORP                              TCP .. 2
  1400 SMITH
  HOUSTON TX 77002

  DATE:  MAR 08 2001

SERVICE               DATE  FROM           TO             DEPART  ARRIVE

DELTA AIR LINES       02AUG HOUSTON TX     ATLANTA GA     715A    1023A
DL 540     H          THU   G.BUSH INTERCO W B HARTSFIELD
           NON SMOKING      TERMINAL A
                            SNACK                         NON STOP
                            RESERVATION CONFIRMED         2:08 DURATION
                  AIRCRAFT: MCDONNELL DOUGLAS ALL MD-80 SERIES
                            SEAT 14B NO SMOKING CONFIRMED HUSSER/SHANNA(I

DELTA AIR LINES       02AUG ATLANTA GA     ST THOMAS      1135A   308P
DL 361     H          THU   W B HARTSFIELD
           NON SMOKING
                            LUNCH                         NON STOP
                            RESERVATION CONFIRMED         3:33 DURATION
                  AIRCRAFT: BOEING 757-200/300
                            SEAT 24E NO SMOKING CONFIRMED HUSSER/SHANNA(I

DELTA AIR LINES       08AUG ST THOMAS      ATLANTA GA     420P    823P
DL 2028    H          WED                  W B HARTSFIELD
           NON SMOKING
                            DINNER                        NON STOP
                            RESERVATION CONFIRMED         4:03 DURATION
                  AIRCRAFT: BOEING 757-200/300
                            SEAT 36E NO SMOKING CONFIRMED HUSSER/SHANNA(I

DELTA AIR LINES       08AUG ATLANTA GA     HOUSTON TX     1000P   1115P
DL 1915    H          WED   W B HARTSFIELD G.BUSH INTERCO
           NON SMOKING                     TERMINAL A
                                                          NON STOP
                            RESERVATION CONFIRMED         2:15 DURATION
                  AIRCRAFT: MCDONNELL DOUGLAS ALL MD-80 SERIES
                            SEAT 18B NO SMOKING CONFIRMED HUSSER/SHANNA(I
              YOUR ETKT CONFIRMATION NUMBER IS: L U I K F 3
               THIS IS A NON-REFUNDABLE FARE THAT REQUIRES
               TRAVEL ON THESE SPECIFIC DATES AND FLIGHTS.
               ANY CHANGES WILL RESULT IN A PENALTY AND/OR
                         ADDITIONAL COLLECTION.
           **************************************************
         YOUR TICKET REFLECTS A NEGOTIATED DISCOUNT FROM THE TAP
              THE PUBLISHED FARE FOR THIS TICKET IS $973.60
           **************************************************

RESERVATION NUMBER(S)  DL/LUIKF3

HUSSER/SHANNA  S5C0012R1060              TICKET:DL/ETKT 006 7025575591

**********************************************
THE FEE FOR THIS PERSONAL TRAVEL IS CHARGED BY ENRON CORP
*********************************************
THIS IS A NON-REFUNDABLE FARE THAT REQUIRES
TRAVEL ON THESE SPECIFIC DATES AND FLIGHTS.
ANY CHANGES WILL RESULT IN A PENALTY AND/OR
                        ADDITIONAL COLLECTION.
           **************************************************
         YOUR TICKET REFLECTS A NEGOTIATED DISCOUNT FROM THE TAP
              THE PUBLISHED FARE FOR THIS TICKET IS $973.60
           **************************************************

RESERVATION NUMBER(S)  DL/LUIKF3

HUSSER/SHANNA  S5C0012R1060              TICKET:DL/ETKT 006 7025575591

**********************************************
THE FEE FOR THIS PERSONAL TRAVEL IS CHARGED BY ENRON CORP
*********************************************
THIS IS A NON-REFUNDABLE FARE THAT REQUIRES
TRAVEL ON THESE SPECIFIC DATES AND FLIGHTS.
ANY CHANGES WILL RESULT IN A PENALTY AND/OR
ADDITIONAL COLLECTION.
THIS IS THE PASSENGER RECEIPT FOR YOUR ELECTRONIC TICKET.
PLEASE CHECK-IN WITH PHOTO IDENTIFICATION AND WITH
EITHER (1) THIS RECEIPT OR (2) YOUR CONFIRMATION NUMBER.


Mark and I are both unable to attend at that time.

Can we reschedule for either 11:00 or after 3:30 Houston time?

I assume also that Andrea will attend. I would very much like her input, as I
understand she is the one who raised the enforceability issue.

Dave

Patrick Hansen
07/31/2000 09:02 AM
To: Mark Taylor@ECT, David Forster/Corp/Enron@Enron
cc: Andrea Calo/SA/Enron@Enron, Fabian Valle/SA/Enron@Enron, Jeff
Kabel/SA/Enron@Enron, Michael Guerriero/SA/Enron@Enron

Subject: EOL Passwords

Mark and Dave,

 Last week, we met with a local "Certifying Company" called GIRE. Their
service is based on the "Asymmetric Password Method" . We believe that using
their services in the process of granting passwords to our local clients will
contribute significantly to the enforceability of our transactions from a
legal stand point. We would like to discuss this issue with both of you to
determine if it is worth while to consider this alternative.
Is everyone available at 12:00 noon Buenos Aires, 10:00 am Houston?. Please
confirm.

Regards

Patrick