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A complimentary service from INO.com ( http://www.ino.com/ )

CDCD   FREE: NetFutures' exclusive eStarter Kit CD-ROM
CDCD   http://www.ino.com/specials/netfutures/

Andrew,

KEY EVENTS TO WATCH FOR:

12:45 PM ET. Fed Governor Laurence Meyer addresses the National
Association for Business Economics New York Chapter on the question
"What happened to the new economy?"

6:30 PM ET. ABC/Money Magazine releases its consumer confidence
polls.

KEY HEADLINES:

Bristol-Myers near $8 billion deal for DuPont unit, says report.

Cadbury Schweppes near $600 million purchase of Orangina.

BP, Exxon, Shell selected for $18 billion China pipeline bid, says
report.

GE may divest Honeywell jet unit on antitrust concern, says report.

Japan PM Koizumi says US missile defense study is worthwhile.

MIDEAST: Israel Press: Israel, US reach deal on settlement freeze.

China Press: US to separate WTO talks from security issues.

Mexico says it determines duties on US corn imports.

Napster details tentative record label deal as court hearing looms.

Search is on for US navy officer after Philippine communist rebel
attack.

Bank of England seen leaving interest rates at 5.25%.

French budget deficit rises to $22.2 billion in April.

The STOCK INDEXES & MARKETS

The NASDAQ and S&P 500 were mixed overnight in thin trade as both
markets are poised to consolidate some of this week's gains.
Tuesday's rallies were underpinned by positive earnings outlooks in a
number of technology companies along with ideas that the worst as far
as the economy goes may be behind us. Momentum indicators are turning
neutral to bullish signaling that sideways to higher prices during
the first half of June are possible. Meanwhile, the Dow extended
Monday's rally thereby signaling that the setback from May's high has
ended. A higher weekly close for the Dow would increase the odds that
this spring's rally is resuming.

European markets were mostly higher in overnight trading as they
followed US equity markets higher. The UK FTSE-100 was up 14.90
points at 5937.40 while the German DAX-30 was up 2.84 points at
6244.97 as of 11:00 BST.

The Nikkei closed lower overnight after early gains faded ahead of
the close. Ongoing concerns over high-technology earnings dragged the
market back to just below where it had started the day. The Nikkei
tested the 50% retracement level crossing at 12,995. Momentum
indicators are bearish but becoming oversold hinting that a
short-term bottom might be in or near. The Nikkei closed down 7.16
points to 13,174.84 overnight.

INTEREST RATES

September bonds were lower overnight due to light profit taking as it
consolidates some of its recent gains following last week's trendline
breakout. While a day or two of consolidation is possible, momentum
indicators remain bullish signaling that sideways to higher prices
into early-June are possible. If the rebound off last week's low
continues, the 38% retracement level of this spring's decline
crossing at 101-15 then the 50% retracement level crossing at 102-16
are potential targets later this month.

The German bond market or Bunds were higher overnight in thin trading
as there is little market moving economic news scheduled for release
today. The June Bunds were last up 0.05 at 107.15.

Japanese government bonds closed lower overnight as market
participants took profits after Tuesday's climb to a near-record
high. The lead June 10-year JGB futures closed at 140.50 yen, down
0.28, while the yield on the benchmark No. 231 June 10-year cash bond
stood at 1.225%, up 0.035, as of 1510 JT.

The ENERGY MARKETS were lower in overnight trading following the
release of this week's API data. The report showed that crude oil
supplies rose by 3.409 million barrels last week. Gasoline stocks
rose by 3.161 million barrels while distillate stocks were up 4.103
million barrels. US refineries operated at 97.1% verses 95.3% last
week.

July crude oil was lower overnight following the latest API data,
which showed an increase in stocks compared with expectations for a
decline in stocks by the trade. July is trading below the 38%
retracement level of this year's rally crossing at 28.26. Closes
below last week's low at 27.55 could lead to a test of this year's
uptrend line, which crosses near 27.10 later this month. Momentum
indicators are bearish but nearing their respective oversold zones
warning traders to use caution as a short-term bottom might be near.

July heating oil was lower overnight due to Tuesday's bearish API
inventory report, which showed a larger-than-expected increase in
stocks. Overnight losses helped confirm Monday's downside reversal as
the stage is set for a test of May's reaction low crossing at 74.55
later this month. Momentum indicators are bearish signaling that
sideways to lower prices during the first half of June are possible.

July unleaded gas was lower overnight in response to Tuesday's
bearish inventory report. Overnight losses have led to a breakout
below this year's uptrend line, which crosses near 90 cents. Multiple
closes below the uptrend line would confirm a top and trend change
has taken place. Momentum indicators remain bearish signaling that
sideways to lower prices near-term are still possible.

July Henry Hub natural gas was lower overnight due to spillover
selling following Tuesday's key reversal down. Traders will be
watching this week's AGA inventory data for near-term direction.
However, it does appear as though the short covering bounce off last
week's low has come to an end.

CURRENCIES

The September Euro was higher overnight following Tuesday's upside
reversal that was triggered by rumors of central bank intervention to
support the currency. A higher closes during the day session is
needed to confirm Tuesday's bullish reversal pattern but closes above
last week's high crossing at 85.70 are needed to temper the bearish
outlook in the market. Momentum indicators are oversold and turning
neutral to bullish hinting that a low may be in place.

The September British Pound plunged to a new contract low overnight
signaling the resumption of this year's decline. This week's trading
range breakout has opened the door for a test of last fall's low on
the weekly chart, which crosses at 139.52 later this month. Momentum
indicators are bearish signaling lower prices during the first half
of June are likely.

The September Swiss Franc was slightly higher overnight as it
extended Tuesday's rebound off last week's contract lows. Closes
above this spring's downtrend line crossing near .5676 are needed to
confirm a short-term bottom has been posted. The ADX (a trend-
following indicator) is turning down signaling that a low is in or
near.

The September Canadian Dollar was higher overnight following
Tuesday's key reversal up. Closes above May's high crossing at .6541
are needed to confirm an upside breakout of May's trading range and
renew this spring's rally. Momentum indicators are bullish signaling
that sideways to higher prices during the first half of June are
possible.

The September Japanese Yen was lower overnight thereby confirming
Tuesday's key reversal down. The yen filled last week's gap at .8425
thereby increasing the odds that a short-term top has been posted.
Stochastics and RSI are turning bearish following a test of their
respective overbought zones warning trader's to use caution as a
short-term appears to have been posted.

PRECIOUS METALS

August comex gold was slightly higher in overnight trading following
Tuesday's upside reversal. August continues to consolidate around the
75% retracement level of the decline off May's high, which crosses at
267.20. Closes above 269.60 are needed to temper the near- term
bearish outlook in August gold. If the decline continues, the
reaction low crossing at 263.20 is August's next target. Stochastics
and RSI are bearish but becoming oversold warning bears not to press
their hand as a low may be near.

July silver was higher overnight due to light short covering as it
continues to rebound off Monday's low. Nevertheless, the door remains
open for a test of trading range support crossing at 4.31 later this
month. Multiple closes below the lower boundary of this spring's
trading range crossing at 4.31 would open the door for a possible
test of weekly support crossing at 4.15 later this month. Momentum
indicators are bearish signaling that additional weakness near-term
is possible.

July copper was steady overnight. A lower close on Wednesday would
bring into question whether or not this week's bounce off May's low
has come to an end. Closes below Monday's low would open the door for
additional weakness and could lead to a test of weekly support
crossing at 74.10 later this spring. It will take closes above 77.20
to temper the near-term bearish outlook in the market. Momentum
indicators are neutral to bearish signaling that sideways to lower
prices into early-June appears are still possible.

GRAINS

July corn was lower overnight as traders have shifted their focus
from declining crop conditions due to cool/wet conditions across the
Midwest and instead are focusing on extended weather forecast calling
for warmer/dryer conditions by early next week. Additional pressure
came from weather forecast for China, which are calling for increased
chances for precip over the next few days, which would help alleviate
some the trades dry weather concerns. Tuesday's downside reversal
sets the stage for a test of last week's gap that led to a trendline
breakout. If the gap at 1.93 1/4 is filled, it would signal a likely
end to the present short covering rally. A higher close on Wednesday
would help set the stage for a possible of May's high crossing at
2.11 1/2 later this month. If you can remember 1993, it was not until
fall that the trade finally realized that too much moisture can cut
yields. We may be facing the same situation this year meaning that it
could be some time before the market finally begins to build in a
weather premium because of too much rain in the Midwest, which has
lowed yield prospects. Early calls are for July corn to open 1 cent
lower this morning.

July wheat was lower in overnight trading as it extended this week's
decline due to forecasts calling for improving weather conditions
across the plains by early next week. Additional pressure is coming
from a pick up in harvest in southern Oklahoma. Yield reports are
mixed but generally inline with pre-harvest expectations. The rising
U.S. Dollar has contributed to sluggish export demand for U.S. wheat,
which has offset lower planted acreage and expectations for a decline
in ending wheat stocks. A lack of threatening weather in other wheat
producing regions of the world is also weighing on wheat prices. I
would not be surprised to see a higher close on Wednesday as the
market consolidates some of this week's gains. However, I am bearish
longer-term and see July wheat exceeding May's low and possibly
testing long-term support crossing at 2.50 before the expiration of
the contract. Early calls are for July wheat to open steady to 1 cent
lower this morning.

SOYBEAN COMPEX

July soybeans were lower in overnight trading following Tuesday's
poor close. Bearish weather forecasts calling for warmer/drier
conditions to move into the Midwest by early next week have offset
support from this week's decline in crop conditions. Closes below
Monday's low crossing at 4.48 3/4 would signal that the recent
trading range breakout proved to be a bull trap. Momentum indicators
are still bullish signaling that sideways to higher prices near-term
are possible. Early calls for July soybeans to open 1 to 1 1/4 cents
lower this morning.

July soybean meal was lower overnight due to spillover weakness from
soybeans and bearish extended weather forecast. Overnight lows tested
Tuesday's gap but did not fill it. July meal is at an important
crossroads. Multiple closes above the late-May high at 168 are needed
to renew this spring's rally. Closes below last week's low crossing
at 159.60 would increase the odds that a short-term top has been
posted. Momentum indicators are neutral to bearish warning traders to
remain patient and let the market point the direction of the next
trending move. Early calls are for July soybean meal to open 30 to
50-cents lower this morning.

LIVESTOCK

August hogs closed lower on Tuesday on ideas that meat packers will
reduce slaughter thereby pressuring the cash market. Additional
pressure came from ideas that August has become slightly overbought
technically. However, today's mid-range close leaves the door open
for sideways trading on Wednesday. If the rally resumes, April's high
crossing at 65.95 is August's next target. Closes below last week's
gap at 64.00 would strongly suggest that a short-term top has been
posted.

August cattle closed slightly lower on Tuesday as traders await
direction from the cash market. The recent rally in futures appears
to have priced in $76 cash bids. Momentum indicators have become very
overbought warning bulls to use caution a the market might be forming
a broad double top with January's high.

FOOD & FIBER July coffee closed higher on Tuesday thereby confirming
Monday's key reversal up. Today's rally also turned a number of
oversold momentum indicators neutral to bullish thereby increasing
the odds that last week's low might have marked a short-term bottom.
Closes above May's downtrend line crossing near 62.10 are needed
before this is confirmed.

July cocoa closed higher on Tuesday due to light short covering
following Monday's upside reversal. Nevertheless, July remains below
broken trading range support crossing at 955. Multiple closes above
this broken support level are needed to temper the near-term bearish
outlook in the market. Momentum indicators are bearish but becoming
oversold warning bears to use caution when pressing the short side of
the market.

July sugar closed slightly lower on Tuesday in narrow trading as it
continues to consolidate above last week's apparent double bottom.
Momentum indicators are bearish but becoming oversold hinting that
additional short covering off last week's low is possible. If the
decline resumes, fib support crossing at 832 then 808 are targets.

July cotton posted an inside day with a slightly lower close on
Tuesday. Additional weakness would increase the odds that the short
covering bounce off last week's low may have run its course. It will
take closes above this year's downtrend line crossing near 43.95 to
confirm that a bottom and trend change has taken place. Until then,
the overall downtrend remains intact.
_____________________________________________________________________

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I support this.   This wan an oversight on our part.

 -----Original Message-----
From: 	Gilbert-smith, Doug
Sent:	Friday, January 18, 2002 2:04 PM
To:	Kitchen, Louise
Cc:	Fitzpatrick, Amy; Presto, Kevin M.
Subject:	Change Form request

Louise,

Seung-Taek Oh will be working for me as the head of real-time markets in Ercot. As a two year associate he would have been eligible for promotion to manager. He was also an UBS employee and as such was an associate director. I would like to change his title from undefined to associate director.

Please let me know if you have any questions.

Thanks,

Doug


Partnership
Spurs Enron
Equity Cut
---
Vehicle Is Connected
To Financial Officer
By Rebecca Smith and John R. Emshwiller

10/18/2001
The Wall Street Journal
Page C1
(Copyright (c) 2001, Dow Jones & Company, Inc.)
Enron Corp. shrank its shareholder equity by $1.2 billion as the company decided to repurchase 55 million of its shares that it had issued as part of a series of complex transactions with an investment vehicle connected to its Chief Financial Officer Andrew S. Fastow.
Enron didn't disclose the big equity reduction in its earnings release issued on Tuesday, when the Houston-based energy giant announced a $1.01 billion charge to third-quarter earnings that produced a $618 million loss. But the company briefly mentioned it in a subsequent call with security analysts and confirmed it in response to questions yesterday. As a result of the reduction, Enron's shareholder equity has dropped to $9.5 billion, the company said.
In an interview Tuesday, Enron Chairman Kenneth Lay said that about $35 million of the $1.01 billion charge to earnings was related to transactions with LJM2 Co-Investment LP, a limited partnership created and run by Mr. Fastow. In a conference call yesterday with investors, Mr. Lay said that the 55 million shares had been repurchased by Enron, as the company "unwound" its participation in the transactions. In the third quarter, the company's average number of shares outstanding was 913 million.
According to Rick Causey, Enron's chief accounting officer, these shares were contributed to a "structured finance vehicle" set up about two years ago in which Enron and LJM2 were the only investors. In exchange for the stock, the entity provided Enron with a note. The aim of the transaction was to provide hedges against fluctuating values in some of Enron's broadband telecommunications and other technology investments. Mr. Causey didn't elaborate on what form those hedges took.
Subsequently, both the value of Enron's stock and the value of the broadband investments hedged by the entity dropped sharply. As a result, Enron decided essentially to dissolve the financing vehicle and reacquire the shares. When Enron reacquired the shares, it also canceled the note it had received from the entity.
In addition, Enron was receiving increasing criticism from analysts and major shareholders concerning the apparent conflict of interest involving the role of its chief financial officer in the partnership, from which he stood to make millions of dollars. In July, Mr. Fastow formally severed his connections to LJM. Mr. Fastow has declined to be interviewed.
Given all the complexities of the LJM-related financing vehicle and the questions it raised outside the company, "the confusion factor wasn't worth the trouble of trying to continue this," Mr. Causey said.
Enron downplayed the significance of the share-reduction exercise. Mark Palmer, an Enron spokesman, described it "as just a balance-sheet issue" and therefore wasn't deemed "material" for disclosure purposes.
Jeff Dietret, an analyst for Simmons & Co. in Houston, said that a large reduction of equity could be "a flag for the rating agencies" because it could adversely affect a company's debt-to-equity ratio. Enron said yesterday that as a result of the equity reduction, its debt-to-equity ratio rose to 50% from 46% previously.
On Tuesday, after Enron reported its big quarterly loss, Moody's Investors Service Inc. put Enron's long-term debt on review for a possible downgrade. Moody's said the move was related to "significant write-downs and charges reflecting substantially reduced valuations" in several of Enron's businesses. In recent years, Enron had moved aggressively into broadband telecommunications and the water business, both of which failed to produce expected returns.
Enron, which as of June 30 had $33.6 billion in current liabilities and long-term debt, has lately been attempting to shed assets to pay down debt.


Dear Poolsters,

I just want you all to know that I, Cameron's boyfriend, the guy who is
behind Cameron's picks (save when we came in #1 last week, when I was out of
town, and Cameron did the picks -- an accomplishment slightly embarrassing,
but wonderful all the same) and the same guy who moved to San Francisco for
Cameron (or for our relationship), and, upon my arrival, pledged my loyalty
-- in front of the whole Sellers' family, hand on Bible -- to the 49ers (it
was easier when Steve Young retired, for Cameron told me that he was the
only man she would ever leave me for... Gosh I love Jeff Garcia!)... Yes
this same guy was begging for Cameron to take the 49ers against Dallas.
Begging. Entrapped by the hubris of winning last week, she refused my
advise. So, we ended up in 3rd. Oh well. Things could be worse. I just
wonder, maybe this is the sign of a true fan, someone who refuses to pick
the 49ers for fear that the heart's involved... Nah, I'll still pick 'em,
even if I have to beg. Good luck to all, and go 49ers!

>Week 4 winners:
>
>1st place - Nancy - (she says she's always been an Elvis sighter).  A huge
>jump from #17 to #5.  A week's vacation was all she needed.
>
>2nd place - Narvco - still a 49er faithful, and it paid off.
>
>3rd/4th - Cameron, Brady and Hank ((and they ALL put points on Dallas!)  I
>don't know how you all feel, but being a 49er fan for over thirty years it
>was sad and shocking for us to see the demonstration by Terrell yesterday,
>and I hope others who have been proud to be such fans post a message with
>the news groups emanating from Dallas, telling them that we will not
>tolerate such unsportsmanlike conduct.
>
>Again, we thank Dave for handling the stats last week.
>
>NO ONE sat down in the Last Person Standing Pool
>
>Standings remain unchanged for Places 1 - 4 - Are they really that good?
>
>
>
>And here is the Week 5 pick sheet:
>
>
>
>

_________________________________________________________________________
Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com.

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http://profiles.msn.com.


I am in need of several more contract copies.  Could you please forward me
contract:
 96037261
 96049419
 96001003
 96045391

Also, you had mentioned earlier that GISB contracts should not have been used
on some of the contracts I earlier received.  Are the appropriate contracts
going to be sent out,  or are we stuck with the ones in place.

Call with questions.  3-7151

Sincerely
Tom Donohoe


The JEDI/ Hughes Rawls, LLC file containing the closing documents for the
$20,000,000 Senior  Revolving Loan dated September 8, 1998 are missing from
File Room 3818.  If you have this file, please let me know .

Kay C. Young
Legal Specialist
Enron North America Corp.
713-853-6794 Phone
713-646-3393 Fax
kay.young@enron.com


The 8:30 AM  HPL/ENA Upstream General Updates and the 9:00AM HPL Planning
meetings have been cancelled for Monday, December 11th due to PRC.     If you
have any questions, please call me @ 37271.

Please pass this message along to anyone who may have been left off of
distribution.

Thanks,


Dear All,

	We are going to forever shutdown ( destroy) the EnPower Stage ( pwrtestp ) database in the near future, and would like to confirm if there is anything that should be saved or copied to another database. Please let us know.

	Thanks,

Norman.


Market Participants:

  At the June 8 Congestion Reform Stakeholder meeting, we
discussed the possibility of a meeting on June 20 to address locational
market power mitigation.  We will not hold such a meeting on June 20th.
However, we  are working on a comprehensive project schedule and plan to
have it to you by the end of this week. That schedule should cover meetings
on Congestion Management for June, July, August and early September.

  Byron Woertz
  Director, Client Relations


we have some behind the citygate productin from that is paid in mcf's not
mmbtu's.  I am not entering these in the system because i don't know how it
will work.  any suggestions?


Just a reminder about the info session for the Real Time position, scheduled
today in Mt. Hood at 11:00am!

If you are interested in this position, please remember to let Amy know by
close of business on Monday, April 23rd.

---------------------- Forwarded by Grace Rodriguez/PDX/ECT on 04/19/2001
07:51 AM ---------------------------

Amy FitzPatrick
04/17/2001 08:39 AM
To: Portland West Desk
cc:
Subject: Real Time Trading Opportunity!

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

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

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

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

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

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


Dear NYISO Market Participants:

On December 11 - 13, 2001 the NYISO will present NYMOC in the Lone Star
State. We've just posted the course on our web site at

http://www.nyiso.com/services/training/cinfo/index.html

This course is similar to NYMOCs run in the Albany NY area, except that it
does not include Billing and Accounting details. The program will address
the latest system updates, however, and rigorously covers all marketplace
topics.

The course will be conducted at the Hyatt Regency Houston, 1200 Louisiana
Street, Houston, Texas, from 8:30 am  Tuesday December 11 until 3:00 pm
Thursday December 13. If you're interested, we suggest you register early
as we expect a healthy turn-out. In order to get a realistic count, there
will be a $300 charge for no-shows, or for cancellations not made by 12:00
noon Monday, December 3.

Please call Customer Relations at (518) 356-6060, if you have any questions
regarding the course, or Debbie Doyle at (518) 356-6274 regarding
registrations.


Start Date: 1/18/02; HourAhead hour: 23;  HourAhead schedule download failed. Manual intervention required.


As requested, I went the abbreviated route.

Kay


Shirley,

No problem.

Vince
 -----Original Message-----
From: 	Crenshaw, Shirley
Sent:	Wednesday, June 27, 2001 3:03 PM
To:	Kaminski, Vince J
Subject:	RE: 1.  London, June 28 - 29; 2.  Houston, July 16 - 17

Vince:

Zimin will be able to go and he suggested that we ask Alex, because
of the college relationship?

 -----Original Message-----
From: 	Kaminski, Vince J
Sent:	Tuesday, June 26, 2001 12:08 PM
To:	Crenshaw, Shirley
Subject:	FW: 1.  London, June 28 - 29; 2.  Houston, July 16 - 17

Shirley,

Can you get tickets for either night Ehud mentioned?
Maybe Vasant and Zimin can join us?

Vince
 -----Original Message-----
From: 	"Ehud I. Ronn" <eronn@mail.utexas.edu>@ENRON [mailto:IMCEANOTES-+22Ehud+20I+2E+20Ronn+22+20+3Ceronn+40mail+2Eutexas+2Eedu+3E+40ENRON@ENRON.com]
Sent:	Wednesday, June 20, 2001 11:08 PM
To:	Kaminski, Vince J
Subject:	1.  London, June 28 - 29; 2.  Houston, July 16 - 17

Vince:

Greetings.

I write at this time for two reasons.  First, w.r.t. 6/28 - 6/29 London, I
remain uncertain whether you intend personally to attend and present at
that EPRM Financial Math course.  I wanted to advise you know that, in
addition to the sightseeing/theatre we traditionally do at these events, we
-- you, Duane Seppi, Peter Nance and I -- have been invited to dinner at
the home of Klaus and Renee Toft Sat. evening 6/30.

Second, w.r.t. the subsequent mid-July Houston training course, I write to
remind you that at EPRM 2001 we discussed the possibility of jointly
attending a baseball game at Enron Field 7/16 or 7/17.  Per the Astros'
schedule, it turns out the Cleveland Indians will be in town both nights
for a 7:05 p.m. first-pitch start time at the Field.  Let me know if either
7/16 or 7/17 works out from your perspective.

Hope all is well.  Best,
Ehud

==============================================
     Ehud I. Ronn
     Jack S. Josey Professor in Energy Studies
     Department of Finance
     McCombs School of Business
     University of Texas at Austin
     Austin, TX. 78712-1179
     Voice:  (512) 471-5853
      FAX:   (512) 471-5073
      Internet:  eronn@mail.utexas.edu
=================================================


This is a friendly reminder of this weekend's Theatre Under The Stars Event,
of which you and your spouse will be sitting with Stan and Debbie Horton.

This 2001 Gala will be honoring The Humphreys Foundation and takes place on
Saturday, April 21, at the Wortham Theater Center  with cocktails beginning
at 7:00PM in the Grand Foyer, seated dinner at 8:00PM in the Grand Foyer, and
a special dancing performance by the Humphreys School of Musical Theatre at
9:30PM in the Cullen Theater.

This is a black tie event; valet parking will be available.

Have a great evening!

Cindy


FYI

Following are the exact definitions of each Dow Jones Index Price in which we
participate. This was originally a question Stew had, but I thought it might
be helpful for all of you to be able to reference. I'll keep a copy of these
definitions at my desk as well.

Please let me know if you have any questions.

Thanks,
Kate
---------------------- Forwarded by Kate Symes/PDX/ECT on 04/23/2001 04:16 PM
---------------------------

"Onukogu, Ernest" <Ernest.Onukogu@dowjones.com> on 04/23/2001 04:08:44 PM
To: "'kate.symes@enron.com'" <kate.symes@enron.com>
cc:

Subject: definitions

Kate,

Enclosed are the definitions as promised.

Cheers,

Ernest Onukogu
Energy Services
Dow Jones & Company
P.O.Box 300
Princeton, N.J. 08543-0300
609 520-4663
 <<COB-def.doc>>  <<MID-C-def.doc>>  <<PaloVerde-def.doc>>

 - COB-def.doc
 - MID-C-def.doc
 - PaloVerde-def.doc
---------------------- Forwarded by Kate Symes/PDX/ECT on 04/23/2001 04:16 PM
---------------------------

"Onukogu, Ernest" <Ernest.Onukogu@dowjones.com> on 04/23/2001 04:14:15 PM
To: "'kate.symes@enron.com'" <kate.symes@enron.com>
cc:

Subject: definitions

Kate,

 <<MeadMktPlace-def.doc>>  <<NP15 SP15 def.doc>>
Ernest Onukogu
Energy Services
Dow Jones & Company
P.O.Box 300
Princeton, N.J. 08543-0300
609 520-4663

 - MeadMktPlace-def.doc
 - NP15 SP15 def.doc


When: Occurs every Tuesday effective 9/11/2001 from 10:00 AM to 11:00 AM (GMT-06:00) Central Time (US & Canada).
Where: EB38..

*~*~*~*~*~*~*~*~*~*

Dear All,

Just in case you don't already have this weekly meeting in you calendars (I've seem to have lost mine....).

Ellen


Apologies.  The competitive default provider bill is actually being sponsored
by our brave compatriots at The New Power Company.
Best,
Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 04/23/2001 03:39 PM -----

	Jeff Dasovich
	Sent by: Jeff Dasovich
	04/23/2001 03:24 PM

		 To: Alan Comnes/PDX/ECT@ECT, Angela Schwarz/HOU/EES@EES, Beverly
Aden/HOU/EES@EES, Bill Votaw/HOU/EES@EES, Brenda Barreda/HOU/EES@EES, Carol
Moffett/HOU/EES@EES, Cathy Corbin/HOU/EES@EES, Chris H Foster/HOU/ECT@ECT,
Christina Liscano/HOU/EES@EES, Craig H Sutter/HOU/EES@EES, Dan
Leff/HOU/EES@EES, Debora Whitehead/HOU/EES@EES, Dennis Benevides/HOU/EES@EES,
Don Black/HOU/EES@EES, Dorothy Youngblood/HOU/ECT@ECT, Douglas
Huth/HOU/EES@EES, Edward Sacks/Corp/Enron@ENRON, Eric Melvin/HOU/EES@EES,
Erika Dupre/HOU/EES@EES, Evan Hughes/HOU/EES@EES, Fran Deltoro/HOU/EES@EES,
Gayle W Muench/HOU/EES@EES, Ginger Dernehl/NA/Enron@ENRON, Gordon
Savage/HOU/EES@EES, Harold G Buchanan/HOU/EES@EES, Harry
Kingerski/NA/Enron@ENRON, Iris Waser/HOU/EES@EES, James D
Steffes/NA/Enron@ENRON, James W Lewis/HOU/EES@EES, James Wright/Western
Region/The Bentley Company@Exchange, Jeff Messina/HOU/EES@EES, Jeremy
Blachman/HOU/EES@EES, Jess Hewitt/HOU/EES@EES, Joe Hartsoe/Corp/Enron@ENRON,
Karen Denne/Corp/Enron@ENRON, Kathy Bass/HOU/EES@EES, Kathy
Dodgen/HOU/EES@EES, Ken Gustafson/HOU/EES@EES, Kevin Hughes/HOU/EES@EES,
Leasa Lopez/HOU/EES@EES, Leticia Botello/HOU/EES@EES, Mark S
Muller/HOU/EES@EES, Marsha Suggs/HOU/EES@EES, Marty Sunde/HOU/EES@EES,
Meredith M Eggleston/HOU/EES@EES, Michael Etringer/HOU/ECT@ECT, Michael
Mann/HOU/EES@EES, Michelle D Cisneros/HOU/ECT@ECT, mpalmer@enron.com, Neil
Bresnan/HOU/EES@EES, Neil Hong/HOU/EES@EES, Paul Kaufman/PDX/ECT@ECT, Paula
Warren/HOU/EES@EES, Richard L Zdunkewicz/HOU/EES@EES, Richard
Leibert/HOU/EES@EES, Richard Shapiro/NA/Enron@ENRON, Rita
Hennessy/NA/Enron@ENRON, Roger Yang/SFO/EES@EES, Rosalinda
Tijerina/HOU/EES@EES, Sandra McCubbin/NA/Enron@ENRON, Sarah
Novosel/Corp/Enron@ENRON, Scott Gahn/HOU/EES@EES, Scott Stoness/HOU/EES@EES,
Sharon Dick/HOU/EES@EES, skean@enron.com, Tanya Leslie/HOU/EES@EES, Tasha
Lair/HOU/EES@EES, Ted Murphy/HOU/ECT@ECT, Terri Greenlee/NA/Enron@ENRON, Tim
Belden/HOU/ECT@ECT, Tony Spruiell/HOU/EES@EES, Vicki Sharp/HOU/EES@EES,
Vladimir Gorny/HOU/ECT@ECT, Wanda Curry/HOU/EES@EES, William S
Bradford/HOU/ECT@ECT, Kathryn Corbally/Corp/Enron@ENRON, Jubran
Whalan/HOU/EES@EES, triley@enron.com, Richard B Sanders/HOU/ECT@ECT, Robert C
Williams/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Greg Wolfe/HOU/ECT@ECT, James
Wright/Western Region/The Bentley Company@Exchange, Dirk vanUlden/Western
Region/The Bentley Company@Exchange, Steve Walker/SFO/EES@EES, Jennifer
Rudolph/HOU/EES@EES, Martin Wenzel/SFO/HOU/EES@EES, Douglas
Condon/SFO/EES@EES, wgang@enron.com, Scott Govenar <sgovenar@govadv.com>,
Hedy Govenar <hgovenar@govadv.com> @ ENRON, jklauber@llgm.com, Mike D
Smith/HOU/EES@EES, John Neslage/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Janel
Guerrero/Corp/Enron@Enron, Eric Letke/DUB/EES@EES, Richard B
Sanders/HOU/ECT@ECT, gfergus@brobeck.com, Michael Tribolet/ENRON@enronXgate,
Robert Frank/NA/Enron@Enron, Richard B Sanders/HOU/ECT@ECT,
gfergus@brobeck.com, Susan J Mara/NA/Enron@ENRON
		 cc:
		 Subject: Legislation:  competitive default provider; long-term contracts;
core/noncore split in electricity

FYI.  From our folks in Sacramento:

AB 1085 is AES' competitive default provider bill.  It's not an emergency
bill, so it will be dealt with throughout the remainder of the spring and
summer.
AB 57 is a legislator's suggestions on how long-term contracts should be
"regulated."  Also no an emergency bill.
AB18X is an emergency bill and it would create a core/noncore split in
electricity similar to the one that exists in California's gas market.

Best,
Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 04/23/2001 03:21 PM -----

	Scott Govenar <sgovenar@govadv.com>
	04/23/2001 02:24 PM

		 To: Hedy Govenar <hgovenar@govadv.com>, Mike Day <MDay@GMSSR.com>, Bev
Hansen <bhansen@lhom.com>, Jeff Dasovich <jdasovic@enron.com>, Susan J Mara
<smara@enron.com>, Joseph Alamo <JAlamo@enron.com>, Paul Kaufman
<paul.kaufman@enron.com>, Michael McDonald <Michael.McDonald@enron.com>,
Sandra McCubbin <Sandra.McCubbin@enron.com>, Rick Shapiro
<rshapiro@enron.com>, Jim Steffes <james.d.steffes@enron.com>, Alan Comnes
<acomnes@enron.com>, Steven Kean <Steven.J.Kean@enron.com>, Karen Denne
<kdenne@enron.com>, "Harry.Kingerski@enron.com" <Harry.Kingerski@enron.com>,
Mike D Smith <msmith1@enron.com>, Leslie Lawner <Leslie.Lawner@enron.com>,
Robert Frank <rfrank@enron.com>, Ken Smith <ken@kdscommunications.com>, Janel
Guerrero <Janel.Guerrero@enron.com>, Jennifer Thome
<Jennifer.Thome@enron.com>, Eric Letke <eletke@enron.com>
		 cc:
		 Subject: Legislation

Following up on our conference call, attached please find the following
bills:

AB 1085
http://info.sen.ca.gov/pub/bill/asm/ab_1051-1100/ab_1085_bill_20010404_amended
_asm.pdf

AB 57
http://info.sen.ca.gov/pub/bill/asm/ab_0051-0100/ab_57_bill_20010416_amended_a
sm.pdf

SBX 18
http://info.sen.ca.gov/pub/bill/sen/sb_0001-0050/sbx1_18_bill_20010125_introdu
ced.pdf


cant handle the pressure of big money??

John J Lavorato@ENRON
12/10/2000 09:58 AM
To: John Arnold/HOU/ECT@ECT
cc:
Subject:

minn +3 1/2
jack -16 1/2
tenn-cinnci under35
gb-det under 39 1/2
tb +2 1/2
new england +2 1/2
pitt +3 1/2
phil-clev under 33 1/2
seattle +10
jets +9 1/2 and over 40 1/2 tease

as discussed.


Dr. Kenneth L. Lay
Chairman & CEO
Enron Corp.

Dear Dr. Lay:

You are cordially invited to participate as our guest in the 2002 CERA
Leadership Circle, to be held in conjunction with our annual Executive
Conference in Houston, Texas, February 10-15, 2002. The Leadership
Circle is an exclusive program that is one of the highlights of
CERAWeek, bringing together top decision-makers in the global energy
community for informal peer-level discussions and presentations by
thought leaders. The proceedings are informal and relaxed, designed to
maximize ideas, exchange, and relationship building. Participation is by
invitation only and is exclusively for senior executives and ministerial
officials.

The Leadership Circle will commence Sunday, February 10th with dinner.
The program continues Monday afternoon and features breakfast discussion
sessions Tuesday through Friday. This year's program will be
particularly timely and important. Our focus is on the new dynamics of
geopolitics, the global security agenda, the economic future, and the
new battle over globalization and the marketplace. Our aim is to offer
thoughtful insight on the future political and economic landscape and
what this means for energy.

We hope you will join us for this unique opportunity to share
experiences and perspectives at this time of great turbulence and
change. We will be sending you a formal letter of invitation later in
January. The Leadership Circle will commence Sunday, February 10th with
dinner. The program continues Monday afternoon and features breakfast
discussion sessions Tuesday through Friday.

If you wish to confirm participation now, please complete the
registration form found on our website at
http://www.cera.com/lcircle2002/lc2002_enroll.pdf (requires Adobe
Acrobat Reader).  Please fax this form CERA registration at +1 617 498
9176.

Alternatively, if you have any questions, please contact Sabrina Wisner
via e-mail at swisner@cera.com.

Sincerely,

Joseph A. Stanislaw
CERA President and CEO

*****************************************************************
Our relationship with you is very important to us.  Should you prefer
not to receive future e-mail notifications, please send a reply to
this message with "DoNotEmail" as the subject of your message.
( mailto:info@cera.com?subject=DoNotEmail )
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   Word of the Day for Monday April 8, 2002:

   recalcitrant \rih-KAL-sih-truhnt\, adjective:
   Stubbornly resistant to and defiant of authority or restraint.

     If  they  lingered  too long, Clarice hurried them along in
     the  same annoyed way she rushed recalcitrant goats through
     the gate.
     -- Kaye Gibbons, [1]On the Occasion of My Last Afternoon

     As   Mr.   Lincoln  and  his  Union  generals  insisted  on
     unconditional  surrender,  the  end  of  slavery,  and  the
     specter  of an egalitarian nation where race and class were
     in   theory   to  be  subordinate  ideas,  so  recalcitrant
     Southerners  by  the summer of 1864 dug in deeper for their
     Armageddon to come.
     --Victor Davis Hanson, [2]The Soul Of Battle

     This  recalcitrant  fellow  was  the  only  dissenter in an
     otherwise unanimous recommendation.
     --Sherwin  B.  Nuland,  "Indoctrinology,"  [3]New Republic,
     February 19, 2001
     _________________________________________________________

   Recalcitrant  derives from Latin recalcitrare, "to kick back,"
   from  re-,  "back"  + calcitrare, "to strike with the heel, to
   kick," from calx, calc-, "the heel."

   Synonyms:   unruly,   ungovernable,  intractable,  refractory,
   willful,  headstrong,  wayward,  disobedient.  [4]Find more at
   Thesaurus.com.

References

   1. http://www.amazon.com/exec/obidos/ASIN/0380732149/ref=nosim/lexico
   2. http://www.amazon.com/exec/obidos/ASIN/0684845024/ref=nosim/lexico
   3. http://www.thenewrepublic.com/
   4. http://www.thesaurus.com/roget/V/742.html

_._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._._

You are currently subscribed to Dictionary.com Word of the Day as:
matt.motley@enron.com

To subscribe to the list by email, send a blank message to:
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(C) 2002 by Lexico Publishing Group, LLC.


HOLIDAY SAFETY REMINDER

The holiday season can mean an increased risk of fires and a higher potential
for criminal activity due to people taking advantage of convenient downtown
shopping and because of the increased number of special events and office
parties.  We would like to pass along a few safety and security tips from the
City of Houston Fire Department and the Houston Police Department.

? Please do not prop open stairwell doors or doors to the freight elevators.
This defeats security.

? Use only artificial trees and greenery in decorating your office space. Do
not place cut trees or greenery within the building. Cut trees become major
fire hazards when they dry out.

? Office parties or the holiday mood may distract you.  Be alert for thieves
who try to take advantage of the holiday season. Sometimes just having fewer
people at work during the holidays creates an opening for thieves. If you see
someone that does not appear to belong in your work area, immediately call
the Enron Security Console at 713-853-5360.

? Keep your purse or wallet with you at all times or locked away in a drawer
or closet.

? If you go shopping, invite a friend to go along. Try not to overload
yourself with packages.  When you return, lock your gifts away in a safe
place.

? Always be aware of your surroundings while in a public area. If things don,
t look right, follow your instincts and avoid going into the area.

? When waiting for a ride home after hours, remain inside the building near a
card-reader door until you see your ride arrive.

? If office parties are on company premises and involve alcoholic beverages
or public invitees, call security at 713-853-5360.  Security will advise you
as to company guidelines.


Thanks.  I have a big head now!!!  Why do I still feel like a grunt???

From: Joan Quick on 03/06/2001 07:30 PM
To: Chris Germany/HOU/ECT@ECT
cc:
Subject:

did you get promoted?  ya!!!!

good for you.

joan


Sharon, attached is the Compressor Station 27 Options memo.  Please call to discuss.


jon,
i apologize but i havent had any good northeast markets this week. hopefully
tomorrow i'll have some for you.
be well.
john

> -----Original Message-----
> From:	Mckay, Jonathan [SMTP:Jonathan.McKay@ENRON.com]
> Sent:	Monday, December 03, 2001 3:05 PM
> To:	AMiser@natsources.com; greg@apbenergy.com; john.borenius@gfinet.com;
> kbradley@tfsbrokers.com; tomd@amerexenergy.com; Mckay, Brad; Brawner,
> Sandra F.
> Subject:	Quotes
>
> Thank you very much for your work so far gathering market data.  In an
> effort to consolidate our requests I have started to include the gulf
> coast market points.  This should help limit our random inquiries about
> different locations and allow everyone to focus on their current
> business responsibilities.  Your continued help each night is still
> needed in verifying the markets during our restructuring time.  Thank
> you.
>
> Best Regards,
>
> Jon
>
>
>  <<Quotes.xls>>
>
>
> PS.  If I have missed any locations please advise.
>
>
> **********************************************************************
> This e-mail is the property of Enron Corp. and/or its relevant affiliate
> and may contain confidential and privileged material for the sole use of
> the intended recipient (s). Any review, use, distribution or disclosure by
> others is strictly prohibited. If you are not the intended recipient (or
> authorized to receive for the recipient), please contact the sender or
> reply to Enron Corp. at enron.messaging.administration@enron.com and
> delete all copies of the message. This e-mail (and any attachments hereto)
> are not intended to be an offer (or an acceptance) and do not create or
> evidence a binding and enforceable contract between Enron Corp. (or any of
> its affiliates) and the intended recipient or any other party, and may not
> be relied on by anyone as the basis of a contract by estoppel or
> otherwise. Thank you.
> ********************************************************************** <<
> File: Quotes.xls >>

***************************************************************
Confidentiality note: This e-mail contains information from the
GFI Group Inc. and/or its affiliates, including GFInet inc.,
that is confidential and/or legally privileged.   This
information is intended only for the use of the individual or
entity named on this e-mail.  This e-mail and its content may
not be reproduced or retransmitted without the express written
permission of The GFI Group.
***************************************************************


----- Forwarded by Jeff Dasovich/NA/Enron on 01/11/2001 07:56 PM -----

	Scott Govenar <sgovenar@govadv.com>
	01/11/2001 05:19 PM

		 To: Hedy Govenar <hgovenar@govadv.com>, Mike Day <MDay@GMSSR.com>, Bev
Hansen <bhansen@lhom.com>, Jeff Dasovich <jdasovic@enron.com>, Susan J Mara
<smara@enron.com>, Joseph Alamo <JAlamo@enron.com>, Paul Kaufman
<paul.kaufman@enron.com>, David Parquet <David.Parquet@enron.com>, Marcie
Milner <mmilner@enron.com>, Tim Belden <Tim.Belden@enron.com>, Rick Shapiro
<rshapiro@enron.com>, Jim Steffes <james.d.steffes@enron.com>, Alan Comnes
<acomnes@enron.com>, Chris Calger <ccalger@enron.com>, Mary Hain
<mary.hain@enron.com>
		 cc:
		 Subject: Extraordinary Session - Update

MEMORANDUM RE FIRST EXTRAORDINARY COMMITTEE SESSION

From:  Sandi McCubbin
            Mike Day

January 11, 2001

Note: This memo will supplement the committee analysis which you will
receive by separate fax.

ABX1-5 Keeley re the governance of the ISO and PX was discussed first.
A number of possible amendments were discussed by members.  Suggested
amendments included extending the term of members beyond one year,
increasing the number of members beyond 3, whether there should be
senate confirmation of ISO and PX board members, or at least voting
representation for the legislature on the Energy Oversight Board which
will approve the ISO/PX members.  There was also discussion of whether
FERC would approve of this new governance structure.   Another
discussion centered on whether the positions should be full time, as
opposed to part time, and how to define &affiliated8 in conjunction with
the bill,s ban on members of the ISO and PX being affiliated with a
market participant.

Support for the bill:  Consumers Union, EOB on behalf of the
administration, CalPIRG, PX, TURN, UCAN, ORA, Coalition of Utility
Employees.

Opposition:  ISO, which raised issues regarding incompatibility with
FERC orders and concern that the bill would lead to lengthy litigation.
They suggested that if the ISO and PX boards were appointed solely by
the California governor that FERC would not find that legally sufficient
to be &independent8.

ABX1-6 Dutra/Pescetti  addressed retained utility generation assets and
commission regulation of same.  The bill as written is merely a clean up
to clarify that the CPUC would retain jurisdiction over utility
generation after it is valued for purposes of calculating CTC*until and
unless the CPUC gives permission for the plant to be sold under Section
851.    The discussion evolved into a lengthy inquiry over the different
regulatory schemes for utility and non-utility generation.  Assemblyman
Leonard questioned whether it was efficient to have a market where a
portion of the generation was regulated and another portion
unregulated.  More and more members skirted the subject of attempting to
regulate the non-utility generators within the state.  In supporting
testimony, CPUC President Lynch essentially asked for jurisdiction over
such generators, stating that CPUC inspectors were denied access to an
AES plant at Redondo Beach for 9 hours during an ISO alert yesterday.
Chmn. Wright asked Lynch to assemble a list of the regulatory powers she
would seek.

In support:  CPUC, TURN, UCAN, CUE, PG&E, SCE

PG&E agreed with Lynch and also argued that the Legislature should
revisit the exemption regulation for marketers and non-utility
generators contained in Code section 216(I).   PG& also had suggested
technical amendments, which were not released, which dealt with
confirming that Section 367 still requires market valuation and that the
CPUC can set the ratemaking for such retained assets.

We have talked with the author about meeting with him after the
amendments are available.  No amendments were voted on for any of these
bills until they are brought up in the Senate.  Thus there was only
limited discussion of amendments.


Can you map this the same as HPL Zone#9 - Freeport?

Thanks,

Eric 3-0977

Imelda Frayre
01/07/2000 10:59 AM
To: Eric Bass/HOU/ECT@ECT
cc: Ami Chokshi/Corp/Enron@ENRON
Subject: Blue Dolphin Pipe

Eric, Ami just booked two deals (#148251, #148253) on the BDOL pipe and since
that pipe had never been used before we do not have that location mapped to
any curves.  As a result those two deals have not bridged to CPR and will
remain like this until you provide the necessary curve information listed
below.  If you will need to create new curves and that will take a while, let
me know if you want me to map this location to some existing curves in the
meantime, so it will at least bridge to CPR.  Then, when you create your
curves I can just re-map the location to the new curves.

There is currently only one zone on this pipe.

Pipe Code Zone Code   Notional  Mid Market  Gas Daily
BDOL  BDOL        ???          ???         ???

Please call me if you have any questions (x35423).

Imelda Frayre


That's great.  What about deal 452475?  We have $0.10 and we are being billed
$0.11 for meter 25000200 on contract 1856.  Also, I faxed the Oct 2000 TXU
invoices to Trisha Hughes so she can look into the Dec 2000 and forward
problem.

Megan


Tana/Kelly/Karen:

The product long descriptions below will fall under the new product type:
 US Tanker Freight Swap

Credit (Tom Moran) has approved copying the profiles for the new product type
from the following:

 US Crude WTI Fin Swap

Please respond no later than 10 a.m. on Wednesday, June 6.

Thank you.

 -----Original Message-----
From:  Moran, Tom
Sent: Tuesday, June 05, 2001 8:10 AM
To: Lees, Lisa; Sever, Stephanie
Cc: Lebrocq, Wendi
Subject: FW: Tanker Freight Approvals
Importance: High

Could you please copy the counterparty profiles from US Crude WTI Fin Swap
and use them for this new product.

Thanks!
tm

 -----Original Message-----
From:  Lozano, Melba
Sent: Monday, June 04, 2001 6:09 PM
To: Blumenthal, Jeff; Musch, Susan; Hagelmann, Bjorn; Moran, Tom
Cc: Hunter, Larry Joe; Lees, Lisa; Sever, Stephanie; Jones, Tana; Lambert,
Karen; Lombardi, Kelly; Sweitzer, Tara; Kenne, Dawn C.; Moorer, Torrey; Cass,
Robert B.; Meredith, Kevin; Walker, Chris; Gockerman, Matthew F.; Alatorre,
Carlos
Subject: Tanker Freight Approvals
Importance: High

Your review and approval of the following product type in the EOL Datamanager
is needed (for directions on approval , please see steps for approval at the
bottom of this e-mail). If you have any questions please call me at ext.
58986.
******** DO NOT APPROVE PRODUCT TYPES BETWEEN THE HOURS OF 6AM -
11AM***********

Trader:   Joe King

==============================================================================

STEPS FOR APPROVAL:

click the  START button
select  PROGRAMS
select  TEST APPLICATIONS
select ENRONONLINE CLUSTER(PROD)
 PROCEED WITH USUAL LOGIN/PASSWORD
click the Enron Online Production Cluster "START" button
select EnronOnLine (this is the EOL Datamanager)
 PROCEED WITH EOL LOGIN/PASSWORD
click on the "+" for EnronOnLine
click on the "+" for Product Types
click on the "+" for "Partially Approved"
select the product requiring review as stated in e-mail above
Right "mouse" click on "properties" to view product set-up


Kay, looks great to me.  I would prefer to leave the benchmark open and be
able to talk the counterparty through how it will be established (due
diligence on plants, higher target means greater sharing % for ENE).  As far
as cancellation is concerned, I think that it would be a good idea to include
a right of cancellation for NRG based on a percentage of the benchmark
established.  Something to the effect that NRG will have the annual right to
terminate the agreement if we cannot achieve __% of the annual gross margin
target.

Thanks-
Bill

 -----Original Message-----
From:  Mann, Kay
Sent: Wednesday, May 16, 2001 12:36 PM
To: Keeney, William
Cc: May, Tom; Marks, David; Scheuer, Janelle
Subject: Re: NRG bullet points

I've made some revisions the Bill's document to make sure we are on the same
page before I prepare the LOI.

 << File: NRG Term Sheet.doc >>

Do we want to give any sort of description of how the benchmark will be set?
Do we want to mention the cancellation provisions?

Thanks,

Kay


Bob,

Please activate some new Henry Hub Gas daily swaps that I created this
morning.

Thanks


Rick -

 I've printed the budget report for your cost center.

The cost center report indicates that the budget for outside services if
8,685,000 so we will need to talk to Elizabeth or someone in accounting why
that number is not 9,000,000.

The cost center report indicates that we have spent 1,137,638.34 for outside
services which leaves a variance to budget of 7,547,361.66 available.

The RCR Budget Report indicates that we have approved 2,235,071 year to
date.  If you take the amount spent for outside services plus the amount
approved to date for RCR's the total equals 3,372,709.34.  If you take the
3,372,709.34 less budget the variance is 5,312,290.66 available.  That
assumes that the approved to date RCR will all be spent in 2001 and does not
account for what has been spent to date for RCR costs.

The budget report for your cost center indicates that actuals year to date
equal 4,951,697.40 compared to an annual budget of 21,437,591 leaves a
variance of 16,485,893.60 available for the year.

 I hope this information is helpful and is what you needed.  Call with any
questions, comments or concerns.

Eric

========================================================

----- Forwarded by Eric Benson/NA/Enron on 03/20/2001 11:33 AM -----

	Eric Benson
	03/20/2001 11:18 AM

		 To: Richard Shapiro/NA/Enron@Enron
		 cc:
		 Subject: Re: RCR Budget Report

Rick - I'm running the SAP report for March for your cost center and that
will confirm the budget number and let you know how much was
charged/coded/paid to date for outside services; the total budget for outside
services is 9 million; I'll send another email with the budget information as
soon as the reports print; the RCR budget report shows the variance between
amount approved and budget but does not show the amount charged to date
against those RCR's but I can run a report with that information; let me
know; thanks - Eric

==========================================

	Richard Shapiro
	03/20/2001 10:32 AM

		 To: Eric Benson/NA/Enron@ENRON
		 cc:
		 Subject: Re: RCR Budget Report

where is the rest of the  outside services budget  captured? Total is around
11 million...correct??

Eric Benson on 03/20/2001 10:24:57 AM
To: Richard Shapiro/NA/Enron@Enron
cc:

Subject: RCR Budget Report

Rick -

attached for your review and information is a quick spreadsheet that let's
you know where we are on the RCR budget as of today.  Please advise if you
would like this report sent to the other members of the RCR Committee.

=================================

also - I have monthly reports for all except Jean Ryall and Aleck Dadson; I
talked to Jean yesterday and she is working on the report and should have
something to me by noon today; I talked to Aleck and he said that he has a
new assistant and is working on the report but that the list of projects he
provided for the direct reports meeting is still accurate and there are no
changes; I'll send the resources report and the monthly reports received
since my last email to your attention later today; call with any questions or
if you need the information sooner than this afternoon

Eric


Hey Wilson,

Yep, I'm still in Houston for the time being...I'll probably be here through
March of next year when my current rotation ends.  Everything's going pretty
well, work is still consisting of long hours but I think ultimately the hard
work is going to pay off.  In fact, the whole London thing is looking pretty
good right now.  There might be an opportunity for me to get into some
structuring and originating roles over there which is much more along the
lines of where I'd like to go (versus this whole trader support thing - great
experience for the time being, but definitely not a permanent role).  Glad to
hear things are still well with you.  Sounds like you're still the same old
Wilson...working deals and hooking-up.  You'll have to let me know when
you're going to be in town so we can get the gang together to go out.  It
looks like Darren's going to be back in town for about 6 weeks or so coming
up so hopefully we could all make a steak night reunion.

I've been going out quite a bit as well and have had a couple dates, but
nothing really to speak of.  I was kind of on a rampage over the last month
just messing with guys heads (flirting, getting them to buy me drinks, giving
them my number and then completely ignoring them).  I think it was some need
I had to treat your entire gender like shit.  I'm pretty much over it
though.  It's not really in my nature to be like that, just a reactionary
thing for having been treated like crap myself.

Keep in touch and let me know when you're going to be in town.

Susan

Wilson Kriegel@EES
11/17/2000 02:26 PM
To: Susan M Scott/HOU/ECT@ECT
cc:
Subject: Coming to Houston, soon

you still in Houston or where are you and what are you up to>
I have not heard from you in quite a while.

So what have you been up to and how is Enron treating you. when are you going
to London.

All is well here...well work is very stressful, but it's cool and i do love
my job despite all the bitching i do.
It's just a lot of strss.
I've made some big move and actually won a big project over a VP.
You will be seing me soon in Houston. (can't tell you more)

Anyway
Partying like crazy..that's all I do..girls..girls...and more girls...i can't
even remember all their names OUPS>
Still in love with Shannon, and no she is still not in my life and yes she is
still in Houston...I hope life helps a little on this one.
Partying..like 4-5 times a week..
But above all, working out like an animal. It's been really good and i'm
starting to look like i did at Enron...a machine.
Running a lot and working out...

So what is up with you?

be in touch


John,

Here is the first, middle and last version of the Gathering Agreement we did
with Coastal on the Loma Blanca/Edinburgh line.  The latest dated file is the
most pro-Shipper version, since Coastal traded us pretty hard.  Maybe that's
a good place to start.

Steve

Steve Van Hooser
Enron North America Corp.
1400 Smith
EB3877
Houston, Texas  77002
713-853-7238


-----Original Message-----
From: 	"Holmes, Lisa M." <Lisa.Holmes@ElPaso.com>@ENRON [mailto:IMCEANOTES-+22Holmes+2C+20Lisa+20M+2E+22+20+3CLisa+2EHolmes+40ElPaso+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Monday, July 23, 2001 6:09 PM
To:	agold@coral-energy.com; amy.sheridan@williams.com; barryp@bp.com; bealljp@texaco.com; bgray@cc.state.az.us; Bgray@EPElectric.com; bjost@huberlaw.com; bruce.a.connell@usa.conoco.com; bwhitta@pnm.com; carla.j.johnson@usa.conoco.com; carpentierd@dsmo.com; caschindler@hhlaw.com; cbrechte@apsc.com; cbulf@oneok.com; coganja@aol.com; craigc@calpine.com; cynthiacorcoran@corcoran-law.com; daswanstrom@verner.com; dbmcvick@srpnet.com; dfulton@enron.com; dga@sloverandloftus.com; djohn@jhenergy.com; dkirkla@pnm.com; dlh@jmbm.com; dmcwash@mshpc.com; douglas.porter@sce.com; dtom@btuwatch.com; Dwilliams@kmg.com; earo@dynegy.com; edward.mcmurtrie@swgas.com; elizabeth.zerby@ferc.fed.us; ellen.schall@ferc.fed.us; emyerskerbal@shb.com; frank.gurley@ferc.fed.us; Fritz Kolb; frl3@pge.com; gbaker@sempra.com; gcvenz@duke-energy.com; gduede@apsc.com; glander@skippingstone.com; gsmith@jhenergy.com; haorndorff@aeraenergy.com; ingrid.olson@ferc.fed.us; jab@cpuc.ca.gov; jalward@cc.state.az.us; james.trifon@southernenergy.com; Tholt, Jane M.; jay.golub@bakerbotts.com; jcashin@epsa.org; jdoering@regroup.com; jeff.goforth@williams.com; jgregg@mbolaw.com; jhmcgrew@brudergentile.com; jima@pandaenergy.com; jlgreene@energyadvocates.com; jmoriarty@fw-law.com; jpa3@pge.com; jparker@govmail.nv.state.us; jpfloom@gkrse-law.com; jpnevins@hhlaw.com; jrlilyestrom@hhlaw.com; jrogers@btuwatch.com; jstaffier@sdsatty.com; jsuwara@sempra.com; kadaly@moheck.com; kaprice@srpnet.com; karilee.ramaley@pinnaclewest.com; kbedwards@gkrse-law.com; kclark@jhenergy.com; kkrieger@columbiaenergygroup.com; klm@dwgp.com; kosley@reliant.com; koury@wrightlaw.com; larry.black@swgas.com; lhamilto@utilicorp.com; lindseyhowdowning@dwt.com; lpadilla@gas.pemex.com; lwsmith@midcogen.com; mcregar@aeglobalmarkets.com; melissa.maxwell@bakerbott.com; mfenton@pnm.com; mike.langston@southernunion.com; millertr@bp.com; mmcelrath@phelpsdodge.com; mmexal@giant.com; napedersen@jonesday.com; paul.gendron@eng.pge.com; paula.crunkilton@ferc.fed.us; pcervin@br-inc.com; pckissel@gkrse-law.com; perry.brown@ferc.fed.us; pete.frost@usa.conoco.com; pkeeler@br-inc.com; pmohler@hewm.com; pserrano@epelectric.com; racosta@epelectric.com; rcashdollar@apachenitro.com; Cantrell, Rebecca W.; redavis@sempra.com; rhewlett@aepnet.org; rlacey@govmail.nv.state.us; robert.petrocelli@ferc.fed.us; rpetti@ladwp.com; rrich@bracepatt.com; salleyoo@dwt.com; sandrar@prestongates.com; sbreen@czn.com; scmertz@aep.com; Scott Walton; seto@dynegy.com; sjf@cpuc.ca.gov; sjroyka@columbiaenergygroup.com; slevine@brattle.com; Susan Ginsberg; susan.jones@eng.pge.com; tarpeysp@bp.com; tcarlson@apsc.com; tcubbage@cov.com; tdickers@westerngas.com; vitagliano@gas.pemex.com; vrspurg@ppco.com; wlansinger@sempra.com
Cc:	Healy, William; Derryberry, Richard L.; Jackson, Rosa; Tomlinson, Robert T.; Walker, Norman; Turley, Sally B.; Royal, Kathleen S.
Subject:	RR00-336 Receipt Point Allocation

At the technical conference held July 18-19, 2001, EPNG committed to sending
you election forms in order for us to prepare four studies.  Attached is a
letter, instructions, and the form.  Please be sure to return the forms no
later than close of business, Monday, July 30 via e-mail to
robert.tomlinson@elpaso.com.

The above distribution list is not complete, as some customers were not
represented at the technical conference.  We are contacting those customers
in order to obtain e-mail addresses and we will send them a similar e-mail
tomorrow.

 <<7-30-01 Receipt Election Instructions.doc>>  <<7-30-01 Receipt
Election.doc>>  <<Supply Selection Form.xls>>

Thank you,

******************************************************************
This email and any files transmitted with it from the ElPaso
Corporation are confidential and intended solely for the
use of the individual or entity to whom they are addressed.
If you have received this email in error please notify the
sender.
******************************************************************

 - 7-30-01 Receipt Election Instructions.doc
 - 7-30-01 Receipt Election.doc
 - Supply Selection Form.xls


Here is the draft letter agreement.  We are still discussing it with ECS and
can make whatever changes are appropriate.  Note that the letter agreement
ties back to Article 6 of the Compression Services Agreement.  That article,
you may recall, is where ECS agreed to create a computerized system that
would monitor Continental Divide's electric system utilization and warn when
their system peaks were occurring and then automatically take the compressor
offline (subject to manual override) so we and ECS could avoid peak period
demand charges.  Instead of creating such a system, which apparently turned
out to be mostly a manual system anyway, ECS is going to pay us a monthly fee
to monitor CD's system peaks ourselves and decide when we need to get off
line.  The load management service has to do with operational management of
the load we place on CD's electric system, and is not a jurisdictional gas
transportation or storage service.  Note that the service goes on for 10
years (as required by the accountants' 10 year amortization rule) and thus
may be vulnerable to scrutiny and potential revenue crediting in TW's 2007
rate case.  Any way to avoid that?  DF


As long as he leaves after me I think it's great!!!