For questions or comments regarding this report please contact G. Britt Whitman at ex:5-4014 or Kristin Walsh at ex:3-9510.

EXECUTIVE SUMMARY
?	Senate May Seal SoCal's Fate
?	SoCal Edison Eyeing Bankruptcy

California Senate & SoCal's Fate
With the California Assembly's passage of SB 78XX last week, Senator John Burton (President Pro Tem) is positioned as perhaps the most legislatively powerful man in California.  Maintaining his hard line against the Assembly's amendments to SB78XX, Burton has completely rejected SB78 XX and has instead revived a previously introduced Assembly bill (AB 67XX), which had not faced a Senate floor vote.  The majority of AB 67XX's original language has been gutted by Burton and discretely replaced with the following points:

?	Financing of the dedicated rate component has been modified to incorporate a smaller rate base consisting of consumers using only 70 kv or more (formerly users as low as 20 kv were included).  The 70 kv value is rumored closer to 120 kv.
?	The state will have a 5-year option to purchase SoCal's transmission assets at twice book value and SoCal will be allowed to transfer profits from the sale to their parent company.
?	A renewables portfolio equal to 20% of total generation must be in place by 2010.
?	There is an 11.6% return on generation in the bill.
?	The amount authorized for SoCal's bond issuance has been lowered from $2.9B to $2.5B.
?	Direct access language has been included in the bailout bill.  The exact language, which was developed by Senator Bowen's office, is not yet known, however, earlier versions suggest that all parties will be forced to pay exit fees, switch providers no earlier than 2003, and there will be no cost shifting away from the DWR. (Note: Senator Burton is reportedly listening carefully to Treasurer Angelides' arguments about the revenue bonds not selling if direct access is included.)

It is doubtful that Burton will insist on the loyalty of fellow Democrats and will preferably discourage the bill's support.  The arrival of AB67 XX on the Senate floor may be little more than Burton's civil compliance with Gov. Davis' request.  All Republicans and at least 5 Democrats are expected to vote against the bill; an additional two dissenting Democrat votes would effectively block AB67 XX.  Consumer advocates that adamantly oppose this bill (because it lacks the state's ownership of hard transmission assets and burdens residential consumers with excessive rates) are "optimistic" about the bill's defeat in the Senate.  Despite these circumstances, it is highly conceivable that the Senate could pass along a virtually ineffective & inadequate bailout package for the Assembly's approval.

Burton is reportedly avoiding discourse with Davis over AB67 XX and as the hours pass ever closer to the midnight deadline, Burton will likely introduce the bill for floor vote and then hurriedly adjourn the Senate.  If the bill passes, the Assembly will bare the difficult task of either accepting the bill as is, or reject the bill and risk SoCal's bankruptcy.  We believe that if the bill makes it into the Assembly, AB67 XX will pass despite strong opposition from both the CTMA and consumer advocates.  There is no current vote count available in the Assembly, but we expect the Assembly to debate the bill into the early hours of Saturday morning.

Inside Edison
There are still strong indications that even if a bailout plan is passed, SoCal will voluntarily file for bankruptcy or a creditor, most likely a generator, will take them into bankruptcy.  SoCal remains concerned due to the number of contingent claims on their cash (by the DWR, etc.) and appear likely to try to protect these cash flows.  From the generators' perspective, if a plan is passed, the bank creditors will get paid but they will not.  Also, the DWR and ISO have not resolved even what amount is owed to generators for power they have provided this year, let alone when they will be paid.  The total amount owed through the ISO is approximately $2B.  Nonetheless, the generators remain under a federal order to provide power to the state.  Once a deal is passed leaving too little money for SoCal to pay the generators, this will leave them with little means of satisfaction other than filing against SoCal.

SoCal has privately indicated to Senators that if the AB 67XX fails to include any consumer using 100 kv or more as the base for the dedicated rate component, SoCal will be forced to file for bankruptcy because of their inability to effectively securitize the bailout bonds.  SoCal feels that this rate base is too small and the risk of these businesses fleeing the state is too high.  The CTMA also has indicated that some of its members may leave the state to avoid having to pay the extra surcharge on power.

SoCal has not communicated a position on whether the $400 million trim (from the original $2.9B) puts them into bankruptcy. We estimate that an additional $400 million hit is indeed too much to bear and would prompt a voluntary bankruptcy petition.


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?


I have received the correct version of Jeff's contract.

See me when you have a minute so that I can swap out pages.

Thanks!
Amy


LOVE YOU MY LITTLE POD!!

YBGF

mc


Tana:  So you'll know.  Sun MicroSystems is the agreement that's been
floating out there - I think hung up on the residuals clause.  Travis is out
of town until May 7.  Is Mark Greenberg picking up Net Works stuff?

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

----- Forwarded by Kay Young/HOU/ECT on 04/27/2001 08:39 AM -----

	Rex Shelby/ENRON@enronXgate
	04/27/2001 07:51 AM

		 To: jonathan.schwartz@sun.com@SMTP@enronXgate,
john.fowler@sun.com@SMTP@enronXgate
		 cc: Kay Young/HOU/ECT@ECT, Travis McCullough/HOU/ECT@ECT, Rex
Shelby/ENRON@enronXgate
		 Subject:

Hello Jonathan, John --

We look forward to the meeting next Wed. the 2nd in Palo Alto.

Let's get at least a basic NDA in place so that we can get into some detail
at the meeting.  Who should we work with on this?  Best regards.

-- Rex Shelby
   Enron Net Works
   rex.shelby@enron.com
**************************************************************************


To whom it may concern:

I am disappointed by the lack of internet options.  For someone like myself
that lives in an apartment, it looks like it will be impossible to get high
speed internet access.  Perhaps you would consider cutting a deal with OpTel,
since they provide high speed internet access to every apartment in Houston.

Thank you for time,

Andy


Susan:  I need to see if we ever incorporated any P&G comments into any prior
draft.  Then we should redraft a new master (but let's speak with Ed first).
Thanks.  Sara
----- Forwarded by Sara Shackleton/HOU/ECT on 08/08/2000 09:07 AM -----

	Ed Quinn
	08/08/2000 08:07 AM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: Procter & Gamble Master ISDA

Sara,

I think the sleeping giant is awakening....Can you e-mail or send me a copy
of the black-lined (latest) version of the P&G Master ISDA???

We'd like to start this process again.  Please include any changes to the
schedule or credit support annex that have been made over the last 12 months.

Thanks; please call me if this is a problem or with any questions.

Ed Quinn


Hi Jeff,
Make sure the access to the network is defined as DS1 access...We would like
DS3 access pricing because that is the minimum level of service we trade at
today.  Also, please indicate that the current available capacity is about 1
OC3, (the current OC12 network is running about half full and the ISO wants
about an OC3 of overhead capacity with which to scale their customers'
demand.  We need to determine the interval between the time the ISO requests
the upgrade to OC48 from MCI and the time that upgrade would be made
available...California OVER estimated the number of users...

Just a thought, but the ISO might be able to get MCI to reduce the Yearly fee
they charge by waiving the right to the upgrade.  MCI would have to spend a
significant amount of $ to do the upgrade.  Also, MCI is losing $ on those
access loops.  If the ISO were to threaten to request 2000 loops that MCI was
going to lose $100,000 per month on, MCI might reduce their charges if the
ISO were to reduce the open call.
Dan Minter
V: (503)886-0452
F: (503)886-0441

	Jeff Dasovich@EES
	04/20/00 10:18 AM

		 To: Dan Minter/Enron Communications@Enron Communications
		 cc:
		 Subject: Meeting with California ISO Regarding Excess Capacity

Yo Dan:
Could you do me a favor and take a look at my very brief summary below and
make any changes you like.  I'd like to give folks some information as to the
status of the ISO deal.   Appreciate it.

Best,
Jeff
---------------------- Forwarded by Jeff Dasovich/SFO/EES on 04/20/2000 10:17
AM ---------------------------

Jeff Dasovich on 04/17/2000 04:32:25 PM
To: Dan Minter/Enron Communications@Enron Communications
cc:
Subject: Meeting with California ISO Regarding Excess Capacity

Dan:  Below I've provided a very brief summary of our meeting with the ISO.
Please review and edit in any fasion you deem appropriate then send back to
me.  I will then distribute to a very small group (e.g., Jean Mrha, Tom Gros,
and a couple of folks in my group who also work on EBS issues).  Thanks.

Best,
Jeff

******************************************************************************
******************************************************************************
**********
We have sent the attorney representing the ISO a standard EBS NDA to review.
We expect to have the NDA signed within the week.  The following is a summary
of what occured at the meeting.

The Network
MCI built the system.
The ISO currently shares its private, dedicated network 50-50 with the
California Power Exchange, though the ISO like to take control of 100% of the
asset.
The network consists of 4 OC-12s (?) and as part of the contract, the ISO has
a call to upgrade an no or very little cost to 4 OC-48s.
This "scalability" was built in to accommodate what California believed would
be a very large and rapidly growing number of users (mostly scheduling
coordinators), but California greatly underestimated the number.  So the ISO
is left with considerable excess capacity.
It's an ATM switched network with 11 A-PoPs and 4 B-Pops and it runs from
Folsom (Sacramento) to Alhambra (around Pasadena).  The B-PoP locations are
Hayward, Sacramento, Long Beach, and Claremont.

The Contract
The ISO pays about $30-35 million/yr under the contract---significantly above
market.
The contract ends at the end of 2003.
The contract includes a costless, or very low cost, option to upgrade from
OC-12 to OC-48.
The contract also permits interconnection to the network (by MCI) for $485,
irrespective of difference from the grid.

The Goals of the EVP/CIO

Reduce costs immediately.   Needs to take a plan designed to mitigate the
costs to the Board in 60 days.
Wants to maintain some flexibility in the event usage grows.
"Would like to do a short term deal, for "nonfirm" service and get  a high
price," but he would do a long-term, firm deal if it reduced his costs
significantly.


Also, I feel bad...I would have invited you to the movies, but I thought you
were planning your workout.


3841 is my office number.

Scott Laidlaw@ENRON_DEVELOPMENT
09/29/2000 07:54 AM
To: Kay Mann/Corp/Enron@ENRON
cc: Reagan Rorschach/NA/Enron@Enron

Subject: Re: Westinghouse generator

sent a cc to you in the intercompany mail at the beginning of the week.
will resend another cc right now.
what floor on you on in the enron building?
regards.  scott.

To: Reagan Rorschach/NA/Enron@Enron, Scott
Laidlaw/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:
Subject: Westinghouse generator
Project:
Doc. Nbr.:

Gentlemen,

I haven't seen the 501D contract yet.  Is it on its way or perhaps been
misdirected?

Thanks,

Kay


----- Forwarded by Steven J Kean/NA/Enron on 01/13/2001 09:06 AM -----

	Stephen Swain@ECT
	01/12/2001 06:48 PM

		 To: Roger Yang/SFO/EES@EES@ENRON
		 cc: James D Steffes/NA/Enron@ENRON, Steven J Kean/NA/Enron@Enron, Richard
Shapiro/NA/Enron@Enron, Mark Palmer/Corp/Enron@ENRON, Michael
Tribolet/Corp/Enron@Enron, Harry Kingerski/NA/Enron@Enron, Jeff
Dasovich/NA/Enron@Enron, Susan J Mara/NA/Enron@ENRON, Joe
Hartsoe/Corp/Enron@ENRON, Sarah Novosel/Corp/Enron@ENRON, Linda
Robertson/NA/Enron@ENRON, Alan Comnes/PDX/ECT@ECT, Mary Hain/HOU/ECT@ECT,
Paul Kaufman/PDX/ECT@ECT, Sandra McCubbin/NA/Enron@Enron, Scott
Stoness/HOU/EES@EES@ENRON, Robert Badeer/HOU/ECT@ECT, Tim Belden/HOU/ECT@ECT,
Travis McCullough/HOU/ECT@ECT, Andre
Cangucu/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT@ENRON, Shelia
Benke/Corp/Enron@Enron, Vicki Sharp/HOU/EES@EES@ENRON, Wanda
Curry/HOU/EES@EES@ENRON, Don Black/HOU/EES@EES@ENRON, Gordon
Savage/HOU/EES@EES@ENRON, Donna Fulton/Corp/Enron@ENRON, William S
Bradford/HOU/ECT@ECT
		 Subject: Re: Financial Analysis of PG&E and Proposed Terms for Settlement

Attached is a new version of the power cost model incorporating Roger's
updated info (retained generation costs and QF capacity payments).  It
improves the outlook for PG&E by > $2.00/MWH, mainly as a result of lower
cost estimates for their hydro.  SCE's numbers remains about the same.  FYI,
the prices in the model are at mid.  The switch to change to offer is now on
the Summary page.

Roger Yang@EES
01/12/2001 04:01 PM
To: James D Steffes/NA/Enron@ENRON
cc: Steven J Kean/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron, Mark
Palmer/Corp/Enron@ENRON, Michael Tribolet/Corp/Enron@Enron, Harry
Kingerski/NA/Enron@Enron, Jeff Dasovich/NA/Enron@Enron, Susan J
Mara/NA/Enron@ENRON, Joe Hartsoe/Corp/Enron@ENRON, Sarah
Novosel/Corp/Enron@ENRON, Linda Robertson/NA/Enron@ENRON, Alan
Comnes/PDX/ECT@ECT@ENRON, Mary Hain/HOU/ECT@ECT@ENRON, Paul
Kaufman/PDX/ECT@ECT@ENRON, Sandra McCubbin/NA/Enron@Enron, Scott
Stoness/HOU/EES@EES, Robert Badeer/HOU/ECT@ECT@ENRON, Tim
Belden/HOU/ECT@ECT@ENRON, Stephen Swain/PDX/ECT@ECT@ENRON, Travis
McCullough/HOU/ECT@ECT@ENRON, Andre
Cangucu/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT@ENRON, Shelia
Benke/Corp/Enron@Enron, Vicki Sharp/HOU/EES@EES, Wanda Curry/HOU/EES@EES, Don
Black/HOU/EES@EES, Gordon Savage/HOU/EES@EES, Donna Fulton/Corp/Enron@ENRON,
William S Bradford/HOU/ECT@ECT@ENRON

Subject: Re: Financial Analysis of PG&E and Proposed Terms for Settlement

Attached is an update of utility delivery rates, native generation
weighted-average costs, and QF capacity payments and generation.

Roger


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 08/09/2000
02:36 PM ---------------------------

"Leslie Abreo" <leslie.abreo@kalotay.com> on 08/08/2000 04:44:12 PM
To: "Vincent Kaminski" <vkamins@enron.com>
cc:
Subject: FAS 133 Hedge Effectiveness Testing

Vince
Here's the Powerpoint version of the presentation I sent earlier.
Regards,

Leslie Abreo
Andrew Kalotay Associates, Inc.
61 Broadway, Ste 2205
New York NY 10006
Phone: (212) 482 0900
Fax: (212) 482 0529
email: leslie.abreo@kalotay.com

Visit AKA's website at http://www.kalotay.com
 - FAS133_Effectiveness_Testing.ppt


---------------------- Forwarded by John J Lavorato/Corp/Enron on 10/18/2000
07:27 AM ---------------------------

	Enron Technology

	From:  Darren P Adamik @ ECT                           10/17/2000 09:04 AM

To: John J Lavorato/Corp/Enron@Enron
cc: Kimberly Hillis/HOU/ECT@ect

Subject: EnronCredit Move

John, I need your help again.  Jeff Kinneman's group on level 30 is wanting
to move to level 14.  There are several problems with this move.

1.  This group utilizes the IPC turrets and the 14th floor is not wired to
support them.
 a.  The cabling for each station is very costly ($1000 per desk).
 b.  Our Telecom Room does not have enough rack space to handle any more
cabling for the turrets.
  There is simply not enough closet space for additional 12 pair cabling
 c.  AMP, the vender that makes the 12 pair connectors, are no longer
manufacturing the connectors needed for the 12 pair cables.
  The vender will be making a special run to make more of them for Enron in
late December.
  Hopefully, they will make enough to last until June of 2001.

2.  This group also utilizes the Stentofon and Amtel Systems.
 a.  Again this floor is not wired to support these devices.

3.  The Response Time would be affected.
 a.  The Trading Floor Support Team is located on level 31, near the ENA
trading floors.
  A team of only three supports all Enron's IPC phones, Recording channels,
Stentofons and Amtels on the Trading Floors.
  Team members would have to use two elevator banks, instead of the stairs
for one or two floors, before they could be on site for this group.
 b.  We now have three other Trading Floors that we support that are not on
Levels 30, 31 or 32 and one more would hurt us even more.
  The groups are EBS, EES and Bridgeline.

4.  There is no UPS power for that floor; so their computer systems would be
susceptible to power outages.

I am not sure what the reason(s) are behind this business unit wanting to
move to level 14, but I have an alternative plan.  Level 29 has been
completely cabled out with 12-pair cables for the IPC Tradenet phones and is
also cabled for Stentofons and Amtels.  This floor has been built out with
Trading Desk furniture as well.

My suggestion is to have this group relocate to level 29 instead of level 14;
this will save the company both money and time.  Your help is needed to
convince Jeff's group to move to level 29 instead of 14.

Any help that you can provide would be appreciated.

Thanks,
Darren Adamik
Mgr.-Trading Technology
Enron Net Works
713-853-4764


i leave around 6 or 7.  someone needs to send an email and let us know what
is up.  do we even have hotel reservations?


Subject: Whalley's Budget Meeting

   Date:  Tuesday, June 12

   Time:  11:00 a.m. CST

   Location: EB32C2

Please notify me only if you are unable to attend.

Many Thanks,

Liz Taylor x31935


Hi Everyone,

Attached you will find your Spring '01 schedule as of Round I. For those of
you taking elective classes, Round II is another opportunity to make
adjustments to your schedule. Please note the following:

(1) To make any adjustments to your schedule, you must e-mail me with the
changes you'd like to make. In your e-mail, please include which courses you
want to add or drop, how many one-unit courses you would like to have, and
the total number of units you want for the Spring '01 semester. The deadline
to make adjustments to your schedule in Round II is Monday, November 20 at
noon. The next opportunity you will have to make schedule changes will be
through the add/drop process with me in January during the first week of
classes.

(2) If you got into more than one one-unit course and there is a meeting
time conflict, please e-mail me which of the two one-unit courses you prefer
to take.

(3) If you are interested in enrolling in day classes, you may do so by
e-mailing me which course you would like take. Your name will go on a list,
and during the first week of classes, I will find out the availability of
seats in that class. I will then let you know whether you got into the
class.

Remember, Round II of pre-registration is done via e-mail to me, not via
TeleBEARS.

Thanks,

TJ

 - FinalSchedule.html


I think you should be there, so it can wait until later in the week.  Other priorities obviously govern.  Thanks.  Michelle

 -----Original Message-----
From: 	Taylor, Mark E (Legal)
Sent:	Monday, October 29, 2001 12:49 PM
To:	Mayes, Fran
Cc:	Cash, Michelle
Subject:	RE: any updates?

Here is the revised review (password - oberon).  I have meetings scheduled for the afternoon and am not sure I will be able to get out of them at any particular time.  Does it make sense to give her the review without me being there and meet later or not?
 << File: NELSON CHERYL - revised2 - clean.doc >>

 -----Original Message-----
From: 	Mayes, Fran
Sent:	Monday, October 29, 2001 10:07 AM
To:	Taylor, Mark E (Legal); Cash, Michelle
Subject:	FW: any updates?

	FYI

 -----Original Message-----
From: 	Mayes, Fran
Sent:	Monday, October 29, 2001 10:06 AM
To:	Nelson, Cheryl
Subject:	RE: any updates?

	Yes, I spoke with Mark on last Thursday and the revisions are complete.  He will let me know today when the
	three of us can meet to discuss.

	Fran

 -----Original Message-----
From: 	Nelson, Cheryl
Sent:	Monday, October 29, 2001 10:03 AM
To:	Mayes, Fran
Subject:	any updates?

Hey Fran, I am just following up from our meeting the week before last.  Were we able to make any progress since then getting any revisions?


I've tried to capture in the document Dave sent around on Friday, the
preliminary conclusions/directions we came up with in today's meeting.  If
I've mangled or missed anything, please chime in.  If folks have information
(i.e., bullet points) to discuss at Wednesday's meeting regarding the various
issue areas they're thinking about, please foward along to me by COB tomorrow
and I'll compile for distribution first thing Wednesday morning.

Best,
Jeff


FYI:
Please be sure to review your products under Michigan Consolidated Gas
Company - 2166 and Mobil Oil Corporation Supply & Distribution - 94356 by
5:00 p.m. today.  These counterparties need to start trading a.s.a.p.  If you
have any questions, please call me @5-8491.  Thank you.


Wednesday, April 25 at 10 a.m. Houston time, join Sherri Sera, executive assistant to Jeff Skilling, on eSpeak.  Sherri will answer questions about how her job has changed since Jeff became CEO.

If you can't make the live event, post your questions on eSpeak  now.  Sherri will answer them during her eSpeak, and you can find the answers in the transcript later.

Have you been wondering what happened to the information about Enron's severance pay policy?   Would you like to see an innovation suggestion for the Saturn's ring that will connect the two Enron buildings?  Read the new postings in the "Office of the Chairman" category in eMeet .

Thanks for the great response to the new "Cost Reduction" category in the Idea Vault!  Visit the ThinkBank  today and read the suggestions for cutting costs; and, while you're there, add your own.


ENFOLIO MASTER FIRM PURCHASE/SALE AGREEMENT
GUARANTY AGREEMENT
SAMPLE  FOR DISCUSSION PURPOSES ONLY
 This Guaranty Agreement (this "Guaranty"), dated as of ________, is made and
entered into between ________________, a ___________ corporation ("Guarantor
"), and ______________________, a _____________ ___________ ("Contract
Party").

 WHEREAS, (i) Contract Party and ____________________, a wholly owned
subsidiary of Guarantor ("Obligor"), are contemplating entering into an
ENFOLIO Master Firm Purchase/Sale Agreement of even date here-with and herein
incorporated for all purposes (said Agreement, as the same may be from time
to time extended, amended and supplemented, particularly including, without
limitation, all Transactions thereunder, the "Gas Contract"), (ii) Guarantor
will directly or indirectly benefit from the Gas Contract and (iii) as a
condition precedent to the consummation of the Gas Contract, Contract Party
has required that Guarantor unconditionally guarantee to Contract Party all
payment obligations of Obligor under the Gas Contract.

 NOW THEREFORE, to induce Contract Party to enter into the Gas Contract,
Guarantor agrees as follows:

1.  PAYMENT GUARANTY.  Guarantor absolutely, irrevocably and unconditionally
guarantees to Contract Party all payment obligations of Obligor set forth in
the Gas Contract and interest thereon accrued as provided in the Gas Contract
(the "Obligations"); provided, the applicable rate of interest shall never
exceed the maximum lawful rate permitted by law.  This guaranty of payment is
a continuing guaranty effective during the term of the Gas Contract and until
complete performance by Obligor of its obligations under the Gas Contract and
payment in full of all Obligations; provided, in all instances this Guaranty
shall continue for a period of six months after the termination of the Gas
Contract for the purpose of guaranteeing indemnity Obligations which survive
the termination of the Gas Contract as set forth in Section 8.4 of the Gas
Contract (the "Indemnity Period").  With respect to any Claims threatened or
filed as of the close of the Indemnity Period, the Obligations resulting from
any such Claims shall be guaranteed hereunder.  No notice of the Obligations
or any Transaction need be given in any form to Guarantor at any time and
Guarantor WAIVES any such notice and the right to consent to the Obligations
or any Transaction.  Guarantor WAIVES any right to require as a condition to
its obligations hereunder that (i) collateral be applied to the Obligations,
(ii) presentment or demand be made upon Obligor or (iii) action be brought
against Obligor or any other person or entity except Guarantor, should
Contract Party seek to enforce the obligations of Guarantor.  Specifically,
without limitation, Guarantor WAIVES any right to require, substantively or
procedurally, that (i) a judgment previously be rendered against Obligor or
any other person or entity except Guarantor, (ii) Obligor or any other person
or entity be joined in any action against Guarantor or (iii) an action
separate from one against Guarantor be brought against Obligor or any other
person or entity.  The obligations of Guarantor are several from those of
Obligor or any other person or entity, including, without limitation, any
other surety for Obligor, and are primary payment obligations concerning
which Guarantor is the principal obligor.  To the extent Obligor shall fail
to timely make payment of any Obligations, Guarantor shall satisfy its
obligations hereunder regardless of whether Contract Party or any other
person or entity shall have taken any steps to enforce its rights against
Obligor or any other person or entity except Guarantor.  The obligations of
Guarantor hereunder shall in no way be affected or impaired by reason, and
Guarantor WAIVES its right to prior notice, of the happening from time to
time of any of the following:  (i) extensions (whether or not material) of
the time for payment of all or any portion of the Obligations, (ii) the
modification or amendment in any manner (whether or not material) of the Gas
Contract or the Obligations, (iii) except for applicable statutes of
limitations, any failure, delay or lack of diligence on the part of Contract
Party, or any other person or entity to enforce, assert or exercise any
right, privilege, power or remedy conferred on Contract Party or any other
person or entity in the Gas Contract or at law, or any action on the part of
Contract Party or such other person or entity granting indulgence or
extension of any kind, (iv) the settlement or compromise of any Obligations,
(v) the status, composition, structure or name of Obligor change, including,
without limitation, by reason of merger, dissolution, consolidation or
reorganization, (vi) except for releases or waivers resulting from the rights
or defenses of Obligor that Guarantor has reserved in Section 3, the release
or waiver, by operation of law or otherwise, of the performance or observance
by Obligor of any express or implied covenant, term or condition in the Gas
Contract, (vii) the release or waiver, by operation of law or otherwise, of
the performance or observance by any co-guarantor, surety, endorser or other
obligor of any express or implied covenant, term or condition to be performed
or observed by it under the Gas Contract or related document and (viii) the
failure to acquire, perfect or maintain perfection of any lien on, or
security interest in, any collateral provided by Obligor to Contract Party or
the release of any such collateral or the release, modification or waiver of,
or failure to enforce, any pledge, security device, guaranty, surety or other
indemnity agreement in respect of such collateral.  Notwithstanding the
foregoing, the liability of Guarantor hereunder shall be limited to direct,
actual damages and, unless expressly provided in the Gas Contract, Guarantor
shall not be liable for consequential, incidental, punitive, exemplary or
indirect damages, LOST PROFITS OR OTHER BUSINESS INTERRUPTION DAMAGES, in
tort, contract or otherwise, or any penalties or charges assessed by any
person or entity for the unauthorized receipt of gas.  Upon 30 Days written
notice and with the prior written consent of Contract Party, which consent
shall not be unreasonably withheld, this Guaranty may be replaced by (i) a
guaranty in identical form made by a guarantor of equal or better
creditworthiness, including credit ratings by nationally recognized credit
rating agencies, taking into consideration all relevant information
concerning corporate structure, all relevant financial information, both
current and projected, and all effects on the enforceability of the
replacement guaranty, or (ii) a letter of credit in favor of Contract Party
in the amount of the Maximum Limit (below defined), issued by a bank and in a
form, each of which shall be reasonably satisfactory to Contract Party,
taking into consideration all effects on the enforceability of the
replacement letter of credit; provided, this Guaranty shall continue to apply
to all Transactions in effect at the time this Guaranty is replaced until all
such Transactions are completed and the replacement guaranty or letter of
credit shall apply to only those Transactions formed after its execution and
delivery.
2.  MAXIMUM LIMIT.  The amount covered by this Guaranty for all Obligations
in respect of the aggregate of all Transactions under the Gas Contract that
ever shall be required to be paid by Guarantor shall not exceed
$_____________ (the "Maximum Limit"); provided, this Guaranty shall cover and
Guarantor shall pay, in addition to the Maximum Limit, all reasonable
expenses, including, without limitation, attorneys' fees, court costs and
similar costs, of Contract Party in the event of judgment, settlement or
other enforcement against Guarantor.  The Maximum Limit shall not be affected
by the number or type of outstanding Transactions or the holding or
application of any collateral by Contract Party.
3.  DEFENSES.  Other than as expressly waived in this Guaranty, Guarantor
retains its own defenses and rights hereunder.  Guarantor WAIVES all rights,
setoffs, counterclaims and other defenses of Obligor relating to the
Obligations, including, without limitation, all rights, setoffs,
counterclaims and other defenses arising out of the bankruptcy, insolvency,
dissolution or liquidation of Obligor.
4.  DEFAULT.  If Obligor fails or refuses to pay timely any Obligations,
Contract Party may at its option exercise any or all of its rights, powers
and remedies afforded hereunder and under all documents, if any, securing
this Guaranty and may declare the unpaid amounts of all Obligations then
owing under the Gas Contract to be immediately due and payable, and thereupon
such amounts shall be immediately due and payable without presentation and
demand for payment, protest, notice of protest or dishonor, notice of
default, notice of intent to accelerate or notice of acceleration to
Guarantor or any other person or entity, all of which Guarantor hereby
WAIVES.
5.  REPRESENTATIONS AND WARRANTIES.  Guarantor represents and warrants that:
(i) it is a corporation duly organized and validly existing under the laws of
the State of its incorporation and has the power and authority to execute,
deliver and carry out the terms and provisions of this Guaranty, (ii) no
authorization, approval, consent or order of, or registration or filing with,
any court or other governmental body having jurisdiction over Guarantor is
required on the part of Guarantor for the execution and delivery of this
Guaranty and (iii) assuming due authorization, execution and delivery hereof
by Contract Party, this Guaranty constitutes a legal, valid and binding
agree-ment of Guarantor enforceable in accordance with its terms, except as
the enforceability thereof may be limited by the effect of any applicable
bankruptcy, insolvency, reorganization, moratorium or similar laws affecting
creditors' rights generally and by general principles of equity.
6.  FINANCIAL INFORMATION.  At the written request of Contract Party,
Guarantor shall provide Contract Party with the financial information
described in Appendix "1" of the Gas Contract under Financial Information in
accordance therewith.
7.  NOTICE.  All notices and communications made pursuant to this Guaranty
shall be in writing and delivered personally or mailed by certified mail,
postage prepaid and return receipt requested, or sent by facsimile, as
follows:
To Guarantor:
________________
________________
________________
Facsimile:  _______
To Contract Party:
________________
________________
________________
Facsimile:  _______
Notice given by personal delivery or mail shall be effective upon actual
receipt.  Notice given by facsimile shall be effective upon actual receipt if
received during recipient's normal business hours or at the beginning of
recipient's next business day after receipt if not received during
recipient's normal business hours.  Any party may change its address to which
notice is to be given hereunder by providing notice of same in accordance
with this Section 7.
8.  LAW, WAIVERS, MISCELLANEOUS.  THIS GUARANTY SHALL IN ALL RESPECTS BE
GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF
TEXAS, WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF LAWS.  Guarantor WAIVES
all right to require marshaling of assets and liabilities, sale in inverse
order of alienation, notice of disposition of collateral and notice of
acceptance of this Guaranty.  The Transaction Procedures set forth in the Gas
Contract are acknowledged and agreed to by Guarantor and Guarantor agrees not
to contest the validity or enforceability of any Transaction entered into in
accordance with the Transaction Procedures under applicable law relating to
whether certain agreements are to be in writing or signed by the Party to be
thereby bound.  No term or provision of this Guaranty shall be amended,
modified, altered, waived, supple-mented or terminated except in a writing
signed by the parties hereto.  All capitalized terms used in this Guaranty
and not herein defined shall have the meanings attributed to them in the Gas
Contract.  This Guaranty shall be binding upon and inure to the benefit of
and be enforceable by the respective successors and assigns of Guarantor and
Contract Party.  This Guaranty embodies the entire agreement and
under-standing between Guarantor and Contract Party and supersedes all prior
agreements and understandings relating to the subject matter hereof.  The
headings in this Guaranty are for purposes of reference only, and shall not
affect the meaning hereof.  This Guaranty may be executed in any number of
counterparts, each of which shall be an original, but all of which together
shall con-stitute one document.

 The parties hereto have caused this Guaranty to be executed as of the day
and year first above written.

[GUARANTOR]          [CONTRACT PARTY]

____________________________   _____________________________
By _________________________   By __________________________
Title _______________________    Title ________________________

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


---------------------- Forwarded by Bert Meyers/PDX/ECT on 04/29/2001 08:49
AM ---------------------------

Kalman Gaizler <kgaizler@sempratrading.com> on 04/29/2001 08:17:45 AM
To: "'bert.meyers@enron.com'" <bert.meyers@enron.com>
cc:

Subject: Visit

Hi Bert,

I will be arriving in Portland on Thursday, May 17th at 10:30am and I will
be staying at the Westin Portland, 750 SW Alder St.. I would like to stop by
the Enron office on Thursday afternoon at about 2PM and meet the Enron crew.

I would appreciate your help in organizing an outing on Thursday evening.
The outing could be to your favorite restaurant or what-so-ever event that
may be nearby. I hope that you and many of your colleagues will be able to
join me on Thursday, May 17th as my guests.

Also, can you please e-mail me directions to your office.

Regards,

Ken Gaizler
SempraTrading RealTime Desk

****************************************************************************
This e-mail contains privileged attorney-client communications and/or
confidential information, and is only for the use by the intended recipient.
Receipt by an unintended recipient does not constitute a waiver of any
applicable privilege.

Reading, disclosure, discussion, dissemination, distribution or copying of
this information by anyone other than the intended recipient or his or her
employees or agents is strictly prohibited.  If you have received this
communication in error, please immediately notify us and delete the original
material from your computer.

Sempra Energy Trading Corp. (SET) is not the same company as SDG&E or
SoCalGas, the utilities owned by SET's parent company.  SET is not regulated
by the California Public Utilities Commission and you do not have to buy
SET's products and services to continue to receive quality regulated service
from the utilities.
****************************************************************************


Christy,

I have placed the name of the book admin. by the corresponding book.  Please call me if you have any questions at X5-8274.

Thank you,

Errol McLaughlin


fyi, please add to my schedule.
---------------------- Forwarded by Scott Neal/HOU/ECT on 10/12/2000 06:50 AM
---------------------------

Edward Terry
10/11/2000 08:25 AM
To: Christina Sanchez/Corp/Enron@ENRON, Yvette Hales/NA/Enron@ENRON, Scott
Loving/NA/Enron@ENRON, Lia Halstead/NA/Enron@ENRON, Alvin
Thompson/Corp/Enron@Enron, Joann Collins/Corp/Enron@ENRON, Steve
Gillespie/Corp/Enron@ENRON, Angie Zeman/Corp/Enron@ENRON, Robert
Allwein/HOU/ECT@ECT, Clarissa Garcia/HOU/ECT@ECT, Jesse
Villarreal/HOU/ECT@ECT, Sabra L Dinari/HOU/ECT@ECT, Cindy
Vachuska/HOU/ECT@ECT, Meredith Mitchell/HOU/ECT@ECT, Cynthia
Franklin/Corp/Enron@ENRON, Robert E Lloyd/HOU/ECT@ECT
cc: Tricia Bowen/HOU/ECT@ECT, Beverly Beaty/HOU/ECT@ECT, Victor
Lamadrid/HOU/ECT@ECT, Scott Neal/HOU/ECT@ECT
Subject: Bid Week

Please be prepared to meet with Commercial next week in preparation for
Bid-Week.  Tentatively scheduled for Tuesday, October 17th.

As in our last meeting, be prepared to discuss any issues regarding your
pipelines operations which may effect gas flow and trading decisions for the
month of November.  Also, relay any other "intelligence" gathered from
marketers, suppliers, or customers.

If you have any questions, please contact Victor or myself.


================================================================
As requested, your News Alert for QCOM
follows from EquityAlert.com.
To edit/discontinue your alerts please refer to end of message.
PLEASE REVIEW THE NOTICE AND DISCLAIMER BELOW
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QUALCOMM and Tektronix Expand CDMA License Agreement; 3G Amendment
Enables Tektronix to Further Develop and Manufacture Test Solutions for the
Wireless Industry

SAN DIEGO, Dec 11, 2000 (BUSINESS WIRE) -- QUALCOMM Incorporated (Nasdaq:
QCOM)
and Tektronix, Inc. (NYSE: TEK) today announced that they have entered into an
amended license agreement expanding Tektronix' existing Code Division Multiple
Access (CDMA) license agreement with QUALCOMM. Tektronix will use the license
to
develop and manufacture third-generation (3G) test solutions for the wireless
industry. These next-generation products will operate on higher-capacity
wireless networks, deployed to meet the growing demands for high-speed
wireless
data applications and Internet access.

"This 3G license agreement amendment for QUALCOMM's essential patent portfolio
at industry-standard royalty rates will allow Tektronix to expand its ability
to
develop and manufacture advanced next-generation test solutions for the 3G
CDMA
market, including cdma2000, WCDMA and 1xEV," said Marvin Blecker, senior vice
president of technology transfer for QUALCOMM. "We are pleased that Tektronix
has chosen to expand its license to help meet the growing demand for CDMA
wireless solutions."

"The wireless industry needs measurement tools that are capable of meeting the
immediate development needs of 3G applications," said Scott Bausback, vice
president, Communications Business Unit, Tektronix. "Access to QUALCOMM's
world-class technology enables Tektronix to create state-of-the-art 3G test
solutions -- and in turn, enable designers and manufacturers to successfully
develop and install the infrastructure needed to meet the growing demands of
today's wireless customers."

Tektronix, Inc. is a test, measurement and monitoring company providing
measurement solutions to the telecommunications, computer and semiconductor
industries worldwide. With over 50 years of experience, Tektronix enables its
customers to design, build, deploy and manage next-generation global
communications networks and Internet technologies. Headquartered in Beaverton,
Ore., Tektronix has operations in 26 countries worldwide. Tektronix' Web
address
is www.tektronix.com.

QUALCOMM Incorporated (www.qualcomm.com) is a leader in developing and
delivering innovative digital wireless communications products and services
based on the Company's CDMA digital technology. The Company's business areas
include integrated CDMA chipsets and system software; technology licensing;
Eudora(R) email software for Windows(R) and Macintosh(R) computing platforms;
digital cinema systems; and satellite-based systems including portions of the
Globalstar(TM) system and wireless fleet management systems, OmniTRACS(R) and
OmniExpress(TM). QUALCOMM owns patents that are essential to all of the CDMA
wireless telecommunications standards that have been adopted or proposed for
adoption by standards-setting bodies worldwide. QUALCOMM has licensed its
essential CDMA patent portfolio to more than 90 telecommunications equipment
manufacturers worldwide. Headquartered in San Diego, Calif., QUALCOMM is
included in the S&P 500 Index and is a 2000 FORTUNE 500(R) company traded on
The
Nasdaq Stock Market(R) under the ticker symbol QCOM.

Except for the historical information contained herein, this news release
contains forward-looking statements that are subject to risks and
uncertainties,
including the Company's ability to successfully design and have manufactured
significant quantities of CDMA components on a timely and profitable basis,
the
extent and speed to which CDMA is deployed, change in economic conditions of
the
various markets the Company serves, as well as the other risks detailed from
time to time in the Company's SEC reports, including the report on Form 10-K
for
the year ended September 24, 2000, and most recent Form 10-Q.

QUALCOMM, OmniTRACS and Eudora are registered trademarks and OmniExpress is a
trademark of QUALCOMM Incorporated. Globalstar is a trademark of Loral
QUALCOMM
Satellite Services, Incorporated. Windows is a registered trademark of
Microsoft
Corp. Macintosh is a registered trademark of Apple Computer Inc. All other
trademarks are the property of their respective owners.

CONTACT:          QUALCOMM Incorporated
Christine Trimble, Corporate Public Relations
858/651-3628, Fax 858/651-2590
ctrimble@qualcomm.com
or
Julie Cunningham, Investor Relations
858/658-4224, Fax 858/651-9303
jcunningham@qualcomm.com
or
Tektronix
Steve Kuyatt, Worldwide Public Relations
503/627-2001, Fax 503/627-4873
steven.j.kuyatt@tektronix.com
or
Heather Wyse, Investor Relations
503/627-1121, Fax 503/627-1161
heather.l.wyse@tektronix.com

URL:              http://www.businesswire.com
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.

Copyright (C) 2000 Business Wire.  All rights reserved.

-0-

KEYWORD:          CALIFORNIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS
HARDWARE
INTERNET
SOFTWARE
TELECOMMUNICATIONS
MARKETING
AGREEMENTS

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Please plan on attending and presenting.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 10/30/2000
01:15 PM ---------------------------

David W Delainey
10/30/2000 01:12 PM
To: Janet R Dietrich/HOU/ECT@ECT, Kevin M Presto/HOU/ECT@ECT, Tim
Belden/HOU/ECT@ECT, Christopher F Calger/PDX/ECT@ECT, Derek
Davies/CAL/ECT@ECT, Stephen H Douglas/HOU/ECT@ECT, James D
Steffes/NA/Enron@Enron, Hunter S Shively/HOU/ECT@ECT, Laura
Luce/Corp/Enron@Enron, Phillip K Allen/HOU/ECT@ECT, Michael L
Miller/NA/Enron@Enron, Thomas A Martin/HOU/ECT@ECT, John
Zufferli/CAL/ECT@ECT, Scott Tholan/Corp/Enron@Enron, W David
Duran/HOU/ECT@ECT, Jeff Donahue/HOU/ECT@ECT, Rob Milnthorp/CAL/ECT@ECT, Max
Yzaguirre/NA/Enron@ENRON, C John Thompson/Corp/Enron@ENRON, Scott
Josey/Corp/Enron@ENRON, Paul Devries/TOR/ECT@ECT, Scott Neal/HOU/ECT@ECT,
Jean Mrha/NA/Enron@Enron, David Oxley/HOU/ECT@ECT, Mark E
Haedicke/HOU/ECT@ECT, Joseph Deffner/HOU/ECT@ECT, Sally Beck/HOU/ECT@ECT,
Beth Perlman/HOU/ECT@ECT, Greg Wolfe/HOU/ECT@ECT, John Arnold/HOU/ECT@ECT,
Wes Colwell/HOU/ECT@ECT, Fletcher J Sturm/HOU/ECT@ECT, Edward D
Baughman/HOU/ECT@ECT, Mike Swerzbin/HOU/ECT@ECT, Bruce
Sukaly/Corp/Enron@Enron, Doug Gilbert-Smith/Corp/Enron@ENRON, Eric
LeDain/CAL/ECT@ECT, Brian Redmond/HOU/ECT@ECT, Ozzie Pagan/HOU/ECT@ECT,
Rogers Herndon/HOU/ECT@ect, Jeffery Ader/HOU/ECT@ECT, Dana Davis/HOU/ECT@ECT,
Fred Lagrasta/HOU/ECT@ECT, Jonathan McKay/CAL/ECT@ECT
cc: Mark Frevert/NA/Enron@Enron, Kay Chapman/HOU/ECT@ECT, Dorie
Hitchcock/HOU/ECT@ECT
Subject: 2000 ENA Offsite

Guys, attached you will find a preliminary agenda for the 2000 ENA Offsite.
As leaders of the organization, you have been invited to participate in a two
day offsite where business 2001 objectives and strategies for ENA will be
discussed.  It is scheduled to occur December 14th and 15th at the Venetian
in Las Vegas.

This is the forum to ensure that your point of view and ideas can be heard
and incorporated into our plans and iniatives as such I would encourage
everyone to attend and to stay for the entire period.  In particular, we
would like everyone to stay over Friday night and leave Saturday morning.

ENA public relations (Dorie) will manage all the logistics including air fare.

Final invitations, details and agenda will follow shortly.

Regards
Dave and John


Are you still using the Access Database for PC and if so, do you think this could be applied to Utility Usage , portfolio MTM etc?

BT


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done

Tom Acton@ENRON
05/15/2000 01:37 PM
To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: Aggregates

 Hey Mr. D  I see that the  aggregate ( not Aggie) meters need to be trued
up,  do you want me to do that or are you.  Let me know if your booked up and
I'll help ya out.  TOM.


FYI - I called in for the meeting this morning but no one else ever
connected.  Sorry.  I have nothing new to report.  I'll be in S.P.  next week
for a few days.  I'll try to get on your calendar.  Thanks.  Sara

P. S.  Happy Thanksgiving!


Don,
?
I have extended your trial to TradersNews Power  until February 28.? You may
have to re-logon.?
?

Please go to our home page at www.tradersnewspower.com. ?Click  on any link.
?Scroll down to the logon box on the left and enter your  Username and
Password
?
??????? Username =?EnronHr1????????????????  (case sensitive)
??????? Password  =?power????? ??????????????? (all  lower case)
?
Hit enter.

Please contact me if you have any  problems.

Best Regards,
?
Barbara Clancey
Customer Support Representative
Internet Publishing Group, Inc.
215-504-4288 x222
barbara.clancey@ipgdirect.com

?


---------------------- Forwarded by Susan D Trevino/HOU/ECT on 04/27/2000
02:57 PM ---------------------------

Bob Withers <rww@KCSEnergy.com> on 04/27/2000 02:57:58 PM
To: "Susan Trevino (E-mail)" <Susan.D.Trevino@enron.com>
cc: "Taylor Vance (E-mail)" <vtaylor2@enron.com>, Stretch Brennan
<djb@kcsenergy.com>, Knox Westmoreland <rkw@KCSEnergy.com>, Kevin McLarney
<kmm@kcsenergy.com>
Subject: 2nd rev Apr. 2000 HPL nom

Here's REVISED April 2000 (effective 4/28/00) setup for JOSEY RANCH (HPL
#989658: using 1.071 Btu/Mcf)
* Gas deliveries into HPL
    9,100 MMBtu/d  for KRI  (no net change)
    1,400 MMbtu/d for Texaco  (decrease of
500 MMBtu/d)
  10,500 MMBtu/d into HPL  ("net" decrease of
500 MMBtu/d)

If you need any additional information, KCS' field contact is Stretch
Brennan in Victoria:  512-576-1005.

Bob Withers <*))>><
KCS Energy, 5555 San Felipe, Suite 1200
Houston, TX  77056
voice mail/page 713-964-9434


At the request of Bob Shults, I am attaching our proposed form of Broker
Electronic Transaction Agreement and Fee Agreement.   If the enclosed meets
with your approval, please execute the agreements and return them to me via
fax no. (713) 646-3490.  I will then have them executed by Enron.  If you
have any comments or questions please call Mark Greenberg, Senior Counsel, at
(713) 345-8897 or me at (713) 853-3399.  We look forward to hearing from you.


---------------------- Forwarded by Kay Mann/Corp/Enron on 09/21/2000 03:48
PM ---------------------------

hkroll@ect.enron.com on 09/21/2000 03:45:00 PM
To: jeff.ader@enron.com, kay.mann@enron.com, john.berger@enron.com, Ozzie
Pagan <Ozzie.Pagan@enron.com>, daniel.lyons@enron.com
cc:

Subject: Yahoo - FuelCell Energy Signs First North American Distribution
Agreement With PPL EnergyPlus

Well, I guess we don't have to worry about being the first.
http://biz.yahoo.com/bw/000921/ct_fuelcel.html

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Related Quotes

FCEL
PPL

84
36

+7 13/16
-5/16

delayed 20 mins - disclaimer

Thursday September 21, 4:06 pm Eastern Time

Press Release

FuelCell Energy Signs First North American Distribution Agreement With PPL
EnergyPlus

Strategic Distribution Alliance to Advance Sales of Fuel Cell Products for
Distributed Generation Market

DANBURY, Conn.--(BUSINESS WIRE)--Sept. 21, 2000-- FuelCell Energy, Inc.
(NASDAQ: FCEL - news) has selected PPL EnergyPlus, LLC, a subsidiary of PPL
Corp. (NYSE: PPL - news), as the first North American distributor of its
Direct FuelCell(TM)(DFCc) products for the distributed generation market. The
agreement facilitates commercialization of FuelCell Energy's DFCc products,
which will be available for submegawatt commercial orders in the second half
of 2001, and megawatt commercial orders in 2002. In addition, PPL has made an
equity investment of approximately $10 million, or about one per cent of
FuelCell Energy's equity and will order 1.25 megawatts of commercial field
trial units in the next six months.

In announcing the strategic alliance between the two firms, Jerry Leitman,
president and CEO of FuelCell Energy, said, ``We're delighted to have PPL, a
leading supplier of competitively priced electricity and energy services in
the mid-Atlantic region, as our first distribution partner in North America.
PPL is a successful company, with a solid growth strategy, and is highly
qualified to penetrate the market for distributed generation solutions,
through their energy marketing and services arm, PPL EnergyPlus. This
agreement is the latest milestone attained in bringing our products to the
stationary power marketplace.''

The DFCc power plant is especially well suited for a variety of distributed
generation applications, including high reliability and power quality,
cogeneration, opportunity fuels, environmental compliance and grid
congestion. PPL is targeting customers with these applications, including
schools, hospitals, water treatment plants, office buildings and data
centers.

``We see enormous potential for this segment of our business,'' said William
F. Hecht, PPL chairman, president and chief executive officer. ``As an
innovative energy company, with a strong record of anticipating and meeting
customer needs, this agreement is a natural step for PPL.''

For the initial order of 1.25 megawatts, FuelCell Energy will provide PPL
with DFCc power plant engineering and operations experience. FuelCell Energy
will manufacture the DFCc plants for the program and provide interface
requirements. PPL will provide comprehensive power plant operations and
maintenance (O&M) management services for the field trial power plants
procured and/or sold by PPL.

Using carbonate technology, FuelCell Energy Direct FuelCell(TM) power plants
have nominal ratings of 300 kW, 1.5 MW and 3 MW. The DFCc produces high
efficiency energy through a chemical reaction, rather than through
combustion, resulting in competitively priced electricity, with virtually no
pollution. This revolutionary method of producing power gives energy users
the option of producing electricity on site with the assurance of
environmental compliance, less noise and with shorter timeframes required for
the permitting process.

About FuelCell Energy, Inc.

FuelCell Energy, Inc. - www.fce.com - formerly Energy Research Corp., is a
world-recognized leader for development and commercialization of high
efficiency fuel cells for electric power generation. The Company's Direct
FuelCell technology eliminates external fuel processing to extract hydrogen
from a hydrocarbon fuel. This results in a product whose cost, combined with
high efficiency, simplicity and reliability, results in product advantages
for stationary power generation. FuelCell Energy is based in Danbury, Conn.
The Company has been developing DFC technology for stationary power plants
with the U.S. Department of Energy through the National Energy Technology
Laboratory, whose advanced fuel cell research program is focused on
developing a new generation of high performance fuel cells that can generate
clean electricity at power stations or in distributed locations near the
customer, including hospitals, schools, data centers and other commercial and
industrial applications.

About PPL Corp.

PPL Corp. is an Allentown, Pa.-based, FORTUNE 500c company that delivers
electricity and natural gas to more than 1.3 million customers in
Pennsylvania; markets wholesale or retail energy in 43 U.S. states and
Canada; provides energy services for businesses in the Mid-Atlantic and
Northeastern U.S.; generates electricity at power plants in Pennsylvania,
Maine and Montana; delivers electricity to 1.4 million customers in southwest
Britain; and delivers electricity to nearly 1.8 million customers in Chile,
Bolivia, El Salvador and Brazil.

PPL EnergyPlus, the energy marketing and services arm of PPL Corp., offers
distributed generation products through its GenSelect(TM) program. PPL
EnergyPlus will support the installation and service of fuel cells through
its regional mechanical contracting companies, which provide energy services
for businesses in the Mid-Atlantic and Northeastern United States.

This press release contains forward-looking statements, including statements
regarding the Company's plans and expectations regarding the development and
commercialization of its fuel cell technology. All forward-looking statements
are subject to risks and uncertainties that could cause actual results to
differ materially from those projected. Factors that could cause such a
difference include, without limitation, the risk that commercial field trials
of the Company's products will not occur when anticipated, general risks
associated with product development, manufacturing, changes in the utility
regulatory environment, potential volatility of energy prices, rapid
technological change, and competition, as well as other risks set forth in
the Company's filings with the Securities and Exchange Commission. The
forward-looking statements contained herein speak only as of the date of this
press release. The Company expressly disclaims any obligation or undertaking
to release publicly any updates or revisions to any such statement to reflect
any change in the Company's expectations or any change in events, conditions
or circumstances on which any such statement is based.

Contact:

Investor Contact:
     FuelCell Energy, Inc.
     Susan S. Odiseos, 203/825-6000
     sodiseos@fce.com
     - or -
     Media Contact:
     Baker Communications Group
     Bill Baker, 860/350-9100
     wbaker@bakercg.com

Email this story - View most popular stories emailed

More Quotes
and News:
	Fuelcell Energy Inc (NasdaqNM:FCEL - news)
	PPL Corp (NYSE:PPL - news)

	Related News Categories: computers, oil/energy, utilities

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Questions or Comments?


Jonathan Lakritz just called to change the Wood all-party to 11 a.m.
tomorrow.


I have to meet a contractor at my house tomorrow afternoon (Tuesday, 10/31)
to get an estimate.  I will need to leave the office at 2 p.m. and will
probably not return that day. -- Bob

Robert E. Bruce
Senior Counsel
Enron North America Corp.
T (713) 345-7780
F (713) 646-3393
robert.bruce@enron.com


Diana,

I represent a firm which has specialized in energy and power market
placement for over ten years.  I'm currently working with several
organizations across the country looking for energy traders, coordinators,
analysts and schedulers.  These are great opportunities to change location
or better ones position quickly.  I'd like to schedule a ten minute
telephone conversation to discuss these positions and determine whether or
not you may have interest or may be able to assist with these openings.

Please reply or call me at 630-990-7510 at your earliest convenience.  I
look forward to speaking with you soon.

Best Regards,
Todd Kubicki
Kappa Search, Inc.
tkubicki@kappasearch.com


Steve, I sent the following document earlier today.  I hope it got there on
time for Rick Perry's meeting with Juan Hern?ndez.

I am sorry I did not copy before.

Best,

Ricardo
---------------------- Forwarded by Ricardo Charvel/NA/Enron on 08/17/2000
10:21 AM ---------------------------
To: Rickp@fc.net
cc:
Subject: Mexico Profile

Dear Mr. Perry,

At the request of Steve Kean, I am sending you a profile on Mexico which I
hope you find useful.

Best regards,

Ricardo Charvel
Sr. Director
Government Affairs
Mexico


Terry McGill will not be able to attend the pre-Board conference call this afternoon.  He'll be en route to Houston.  Michael Hansen will attend and update Terry.  Terry is planning to attend the Board meeting tomorrow.

TH


I am not interested.   Dave Duran may have interest and I will forward this e-mail to him.

 -----Original Message-----
From: 	Thode, Eric
Sent:	Wednesday, July 11, 2001 3:23 PM
To:	Belden, Tim; Presto, Kevin M.; Jacoby, Ben
Subject:	FW: POWER2001

Any interest?

Eric

 -----Original Message-----
From: 	Tim James <tjames@WBRESEARCH.com>@ENRON [mailto:IMCEANOTES-Tim+20James+20+3Ctjames+40WBRESEARCH+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Tuesday, July 10, 2001 4:33 PM
To:	Thode, Eric
Subject:	POWER2001

Mr.Thode,
  I wanted to follow up on the voice mail mesasge I left you this afternoon regarding Power 2001, our senior level power conference taking place in Scottsdale at the end of October.
  Energy trading is one of the key areas of focus for this event. Since the power executives that are attending this conference are the very people you are looking to attract to your exchange, I wanted to bring this event to your attention and see if you were interested in learning more about the promotional opportunities that I have available.
  I have attached a program for the event so that you can see the highly impressive speaker faculty that we have developed. These speakers will be joined by 200-250 of their peers. The fact that each attendee is paying $2,000 to attend, is a clear indication that they are in the market for new ideas and solutions.
 <<At A Glance.doc>>
  The sponsorship opportunities vary in scope and price depending on the level of visibility you require. I have numerous packages ranging from exhibiting, through the hosting of a lunch, to sponsoring the conference golf tournament. All packages include extensive pre-conference marketing. Moreover, we will work with you on site to ensure that we introduce you to the attendees your sales team is most keen to meet.
   Power 2001 has the backing of Deloitte Consulting, who are sponsoring this conference franchise on a global scale. Deloitte are joined by PA Consulting, Navigant Consulting, Aquila and Squire Saunders & Dempsey as the lead sponsors of the US event. We are also working with such publications as Project Finance International, Megawatt Daily and Platt's Electricity Reports during the marketing of the conference. You can therefore be sure that we are reaching exactly the right people.
  Please get back to me with your thoughts and feedback on the program and let me know if you are interested in learning more about the sponsorship opportunities that I have available.
Kind Regards,
Tim
Tim Bonney-James
Sponsorship Manager
Power 2001
Tel 212 417 9179

 - At A Glance.doc << File: At A Glance.doc >>


I had a brief conversation this morning with John Suttle (Credit) and it
looks like he's going to insist on the CSA.  We are going to talk tomorrow
and go through the whole agreement to get the rest of his comments.  While we
have documentation for transactions entered into prior to execution of a
master agreement, the extent of their revisions makes me very uneasy.  Many
of these points are very serious and if they can not agree we will have
trouble coming to agreement even on the short form documents.  It would be
helpful if they could explain the changes rather than just sending us a
mark-up.

Following are my points responsive to their revisions:

Part 1 (a)  The addition of our affiliates has the affect of expanding the
possible defaults too broadly and we cannot agree to these changes (for
example, this would mean that if any Enron affiliate went into bankruptcy
this agreement would be in default).

(g)  This provision provides additional flexibility without any credit risk
to the other party.  It should remain in place unless IBJ can articulate a
reason to remove it.

Part 3 The language inserted is much to vague.  Our original version spells
out exactly what is expected of the parties.  If the documents we listed are
not acceptable, IBJ should tell us now what would be acceptable and if we
agree we will put it in the agreement.

Part 4 (f)  By deleting the word "not" in this provision, IBJ is saying that
payments due to each other with respect to the same transaction will not net
(i.e. if we are paying fixed and they are paying floating, we each have to
make the full payment to the other rather than netting the two amounts to one
payment).  This is not acceptable.

(h) If IBJ will use their NY branch as agent, we should use Enron Corp or ENA.

Part 5 (a) Our suggested language allows the purchaser of an option to
receive payments due even though technically in default under another
provision of the agreement.  Our position is that if there are no other
possible payment requirements due from the purchaser, the option should be
honored.

(c)  The section we delete requires that the market makers be in the same
city.  For many markets in which we participate, it is very difficult, if not
impossible, to find multiple market makers in the same city.

(e)  The change to 10 business days is much too long.  This means we can not
have certainty as to the terms of the transaction for two weeks!  We can go
as high as three days if necessary but even that is beyond common market
practice.

(g)  Their changes remove the ability to set off against obligations owed to
multiple Enron companies if they default and only allows set-off with each
IBJ branch as a separate entity.  This may not be an issue if we will never
trade or otherwise transact with them in any other Enron company and if we
will never do business with any other branch of IBJ.  We usually don't like
to restrict ourselves that way.

(i)  We absolutely insist on the confidentiality of our transactions.  If
there is some revision to this section they would like we can discuss it but
wholesale deletion is out of the question.

(j)  As with Part 1 (g) this section adds flexibility to both parties while
maintaining flexibility within the corporate family.  Given the frequency
with which Enron moves businesses around within the family, this section is
important to us.

(k)  This section results from an experience we had with a counterparty that
went into bankruptcy (and therefore default) while they were in the money.
We disputed the amount owed and under the terms of the agreement (without our
revision) we would have owed them interest at their cost of funds - a rather
high rate given their status as a bankrupt.  We feel the non-default rate is
more appropriate.

(m)  I can't imagine why they wouldn't want this section included - it
protects us both.

(n)  You know more about this than I.

Part 6  These are all important issues for us and we can discuss them
individually if they object for some articulated reason.  If these provisions
are not included here they will need to be included in each confirmation (a
significant burden for our back office systems which are not set up for it)
and we need to know now if they object to any of them.

Other revisions that they have made are acceptable unless Credit objects.  I
hope this is helpful and sorry to have run on so long.  I'm happy to discuss
any of these issues at greater length if you want.  It sounds to me like
IBJ's expectations regarding execution of documents are a bit high given the
volume and nature of their comments.

	John Viverito@ENRON
	09/05/2000 09:06 PM

		 To: Tom Bruce-Jones/LON/ECT@ECT
		 cc: Jonathan.Whitehead@enron.com@ECT, Kevin Cordesman/HOU/ECT@ECT, Steven
Kleege/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT
		 Subject: Re: Fw: IBJ ISDA MASTER AGREEMENT

Tom-

As far as the progress on the ISDA documentation, I am awaiting feedback from
both legal and credit in Houston.

Could you provide me with the details of the proposed transaction(s).  I note
that I have copied Mark Taylor on this correspondence, as I will need to get
his input regarding our most efficient going forward strategy.

Thanks,

John

	Tom Bruce-Jones@ECT
	09/05/2000 09:36 AM

		 To: John Viverito/Corp/Enron@ENRON
		 cc: Jonathan.Whitehead@enron.com, Steven Kleege/HOU/ECT@ECT, Kevin
Cordesman/HOU/ECT@ECT
		 Subject: Re: Fw: IBJ ISDA MASTER AGREEMENT

John
I have just had IBJ on the phone again asking for a progress report on the
ISDA docs.  Have we managed to move this forward, bearing in mind Labour Day,
since he is very keen to commence trading on Monday next.  He suggested that
he would be comfortable in trading prior to the implementation of the docs
for these initial trades as per Jonathon's previous comments in past mails.
Are we comfortable doing this if we cannot resolve the issues on the docs?

They are also very keen to see the draft confirms for the proposed trade
(Steve, I have just heard from Rob in the vid conf that the proposed volumes
may prove difficult to take on the books??).  Please advise as to our
capability so that I can convey this to him in the morning.

Best regards
Tom

From: John Viverito@ENRON on 01/09/2000 02:48 CDT
To: "Yamato Konishi" <yamato.konishi@ibjbank.co.jp>
cc: hirohide.yabuki@ibjbank.co.jp, Jonathan.Whitehead@enron.com,
kazunobu.maeda@ibjbank.co.jp, teruyo.suzuki@ibjbank.co.jp,
Tom.Bruce-Jones@enron.com

Subject: Re: Fw: IBJ ISDA MASTER AGREEMENT

Dear Mr. Konishi-

Thank you for your comments.  We will attempt to respond to you prior to the
holiday in the US, but if we are unable to do so, we will respond shortly
thereafter.

Best regards,

John Viverito

	"Yamato Konishi" <yamato.konishi@ibjbank.co.jp>
	09/01/2000 02:31 AM

		 To: <John.Viverito@enron.com>
		 cc: <Jonathan.Whitehead@enron.com>, "Tom Bruce-Jones"
<Tom.Bruce-Jones@enron.com>, "teruyo.suzuki" <teruyo.suzuki@ibjbank.co.jp>,
"Maeda san" <kazunobu.maeda@ibjbank.co.jp>, "hirohide.yabuki"
<hirohide.yabuki@ibjbank.co.jp>
		 Subject: Fw: IBJ ISDA MASTER AGREEMENT

Dear Mr.Viverito

Attached Word file is ISDA draft amended by our legal desk.
(please take the amended points as our comment on your draft)
Please check it all and kindly reply ASAP.
(CSA is not acceptable as I mentioned you before, and we'll check your
LETTER OF CREDIT after
the schedule is almost agreed)

In your draft, we cannot understand the meaning of "EDGAR" on page4,
so please show us what it is.

We are very hoping to conclude this process rapidly.
So, I very much appreciate it if you could send back your comment before
Holiday in U.S.(4th Sep)
(it's ok if only the rough prospects of concluding ISDA)

Best regards,
Konishi IBJ Tokyo
81-3-3214-1008
----- Original Message -----
From: "Teruyo Suzuki" <teruyo.suzuki@ibjbank.co.jp>
To: "Yamato Konishi" <yamato.konishi@ibjbank.co.jp>
Sent: Friday, September 01, 2000 3:58 PM
Subject: Re: IBJ ISDA MASTER AGREEMENT

> ISDA DraftI_X"?,d`-t,?,?,?,?,?_B-?-O
> ----- Original Message -----
> From: "Yamato Konishi" <yamato.konishi@ibjbank.co.jp>
> To: <John.Viverito@enron.com>
> Cc: <Jonathan.Whitehead@enron.com>; "Tom Bruce-Jones"
> <Tom.Bruce-Jones@enron.com>; "teruyo.suzuki"
<teruyo.suzuki@ibjbank.co.jp>;
> "Maeda san" <kazunobu.maeda@ibjbank.co.jp>
> Sent: Wednesday, August 30, 2000 9:59 PM
> Subject: Re: IBJ ISDA MASTER AGREEMENT
>
>
> > Dear Mr.Viverito
> >
> > Thank you very much.
> > Now we start checking your draft and maybe we can return comment on this
> > Friday.
> >
> > Please be advised following points at this time.
> > 1)Part 6 on the schedule is needed to be deleted.
> >   We think that it's enough if the terms in Part 6 are referred in the
> > individual confirmation.
> > 2)ISDA Credit support annex is not acceptable
> >   Unfortunately, we don't have internal system for concluding CSA with
> > non-financial entity.
> >
> > Please keep support us for concluding ISDA ASAP for our business in near
> > future.
> > If any question, please feel free to contact me.
> >
> > Best regards,
> > Konishi /IBJ Tokyo 81-3-3214-1008
> > ----- Original Message -----
> > From: <John.Viverito@enron.com>
> > To: <yamato.konishi@ibjbank.co.jp>
> > Cc: <Jonathan.Whitehead@enron.com>
> > Sent: Wednesday, August 30, 2000 5:31 PM
> > Subject: IBJ ISDA MASTER AGREEMENT
> >
> >
> > > Dear Mr. Konishi,
> > >
> > > Attached hereto, is the draft ISDA documentation, for your review.
> > > Included are the Schedule, the Credit Support Annex and the Enron
Corp.
> > > Guaranty.
> > >
> > > I apologize for the delay in the preparation and distribution of these
> > > documents.
> > >
> > > We look forward to receiving your comments.
> > >
> > > Best regards,
> > >
> > > John Viverito
> > >
> > >
> > > (See attached file: IBJ Schedule 30.08.00.doc)(See attached file: IBJ
> CSA
> > > 30.08.00.doc)(See attached file: IBJ EC guarantee 30.08.00.doc)
> >
> >
>

 - IBJ Schedule 31.08.00.doc


(See attached file: HPLN0127.xls)

 - HPLN0127.xls


Enclosed is a first cut at a very rough approximation of interchange
benefits.  It assumes that the benefit to the exporting parties is a
contribution to their fixed costs of capacity of base load plants already
built equal to the difference between the sale price and the cost of fuel
(estimated from gas combined cycle operation).  The tricky part is trying to
unravel exports from the Southwest from the ownership shares of California
parties.  The gain to California is (1) the capital savings of added peaking
plants and (2) the variable cost savings from not operating high heat rate
units.


Casey,

I ran a test deal through on EnronOnline.  Please verify that Deal ID 665070.1 in ENPOWER TEST is correct.  Please let me know so that we can go ahead and set this up in production.

eol deal #1631717

Thanks,

Melba
58986

Location:
Location Name (exact as Data Manager): Associated
Location long Description:  The transaction is for delivery or receipt of energy to any available point Into Associated System Border at Seller's daily election.
Trader Name:  Mike Carson
Book Administrator: Casey Evans
Risk book:  LT-SPP


chaundra
i plan to attend.

Carol St. Clair
EB 3892
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com

	Chaundra Woods
	11/29/00 04:49 PM

		 To: Robert Bruce/NA/Enron@Enron, Mary Cook/HOU/ECT@ECT, Angela
Davis/NA/Enron@Enron, Brent Hendry/NA/Enron@Enron, Anne C
Koehler/HOU/ECT@ECT, Francisco Pinto
Leite/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Frank
Sayre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sara Shackleton/HOU/ECT@ECT, Carol
St Clair/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Jordan Mintz/HOU/ECT@ECT
		 cc: Brenda Whitehead/HOU/ECT@ECT, Chaundra Woods/HOU/ECT@ECT, Becky
Spencer/HOU/ECT@ECT, Carolyn George/Corp/Enron@ENRON, Legal Temp
1/HOU/ECT@ECT, Margaret Doucette/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Holly
Keiser/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Kaye Ellis/HOU/ECT@ECT, Suzanne
Adams/HOU/ECT@ECT
		 Subject: Lunch Meeting on Structured Finance Transactions

SENT FOR MARY COOK:

MARK YOUR CALENDARS for a lunch meeting on Wednesday, December 6, 2000 from
11:30 a.m. to 1:00 p.m.  Danny Sullivan of Andrews & Kurth will speak on
Structured Finance Transactions:  General Structure Format and the Function
of Swaps.  A follow up e-mail will provide the conference room location.

Please RSVP no later than 12 noon on Monday, December 4, 2000 via email to
Chaundra Woods (ECT address book) so that the appropriate number of food
items can be ordered.

Thank you.

Chaundra Woods
Enron North America Corp.
713/345-7621 (office)
713/646-3490 (fax)
chaundra.woods@enron.com (email)


It did in fact keep me up half the night but I did in fact remember it.
Akamai Technologies.  Not sushi, not teriaki, just Akamai.  More value-added
service from the legal dept.  DF


Sara,

Moreover, Keegan represented to me that you requested that she locate for you
the Securities Loan Agreement for you while I was out and that she went into
my office and retrieved that document from my Enron Credit Inc. file and gave
it to you.  So, I am not sure of the source of confusion about not being able
to find my file but for future reference, the best thing to do is to ask
Keegan how to contact me immediately and directly - when out the office she
always knows how to reach me.

Cheryl Nelson
Senior Counsel
EB3816
(713) 345-4693
http://gss.enron.com/

	Cheryl Nelson
	Sent by: Cheryl Nelson
	05/21/2001 10:36 AM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc: Stephanie Panus/NA/Enron@Enron, Tom Doukas/Enron@EnronXGate
		 Subject: Re: Enron Corp./Enron Credit Inc. ("ECI") guaranty amendment
(increase from USD25 Million to USD100 Million) in favor of Bear, Stearns, et
al

Sara:

I will forward the documents to you.

For future reference, if anyone is looking for a file for an urgent matter
while I am out, she should convey that fact to me by either (1) leaving a
voice mail - as I checked my voicemails on Friday (that is how I was able to
speak with Tom from New York on Friday) or (2) advise Keegan and she will
contact me immediately by cell phone as she did regarding other matters on
Friday.

Cheryl Nelson
Senior Counsel
EB3816
(713) 345-4693
http://gss.enron.com/

	Sara Shackleton@ECT
	05/15/2001 03:45 PM

		 To: Cheryl Nelson/NA/Enron@Enron
		 cc: Tom Doukas/Enron@EnronXGate, Stephanie Panus/NA/Enron@Enron
		 Subject: Enron Corp./Enron Credit Inc. ("ECI") guaranty amendment (increase
from USD25 Million to USD100 Million) in favor of Bear, Stearns, et al

Cheryl:

I spoke with Clem and he is preparing the amendment for immediate execution
as the signers will be at an offsite tomorrow.  I'll let Tom know as soon as
the amendment has been executed.  Anna Meytina is on vacation so I left a
message with Sharon Chernick.

In order to complete our files with respect to the Enron North America Inc.
("ENA") Securities Loan Agreement, please provide me with copies of the
following documents:

(1)  assignment of the Securities Loan Agreement from ENA to ECI (or was a
separate agreement with ECI executed?)

(2) termination of the prior Enron Corp. guaranty on behalf of ENA in the
amount of  USD25 Million

I spoke with Stephanie and she could not locate your Bear/ECI files on Friday
of last week.

Thanks.

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com


Here's what I propose to send to the parties on the 14th.  Take a look, and
think about whether it would be wise to do more selling in the first
paragraph.  I propose that we get on the agenda for the March 1 meeting so
that we have some time to approach individual parties first.

With your permission, I will forward this to Mr. Dasovich also.


Vince:

Do you want to renew the below listed subscriptions?

Please let me know.

Thanks
Shirley

Shirley,

I hope you had a good weekend.  The following subscriptions for Vince are up
for renewal.  Please let me know which Vince would like to renew:

Derivatives: Tax Regulation & Finance
Derivatives Quarterly
Derivatives Strategy
Energy Economist
Financial Markets Institutions & Instruments for US Canada & Mexico
Journal of Derivatives
Journal of Fixed Income
Mathematical Finance
Regulation / The Cato Review of Business & Government
Review of Financial Studies
Swaps Monitor
New York Times

Some we may have renewed already.  Call me with any questions.

Thank you

Susan


Almost funny,... George is Portuguese, Get to know your pledge class.

--On Thursday, January 10, 2002 12:09 PM -0500 "Truong, Dan"
<truongd@timken.com> wrote:

Your room mate is moving in with George?!?!?

-----Original Message-----
From: Matthew Faunce [mailto:Matthew_Faunce@raytheon.com]
Sent: Thursday, January 10, 2002 12:03 PM
To: pudge01flyer@yahoo.com; dargento@earthlink.com; bacohen@rcn.com;
gbarroso@netnumina.com; abecker@schirmereng.com; jbecker@genetics.com;
jfonti333@aol.com; sasjkb@wnt.sas.com; bensle@hotmail.com;
jcb@haleyaldrich.com; cpb@epm-inc.com; jblanchette@intellution.com;
rbukowski@terratherm.com; matthewrchase@yahoo.com;
mclouts@worldnet.att.net; bcohen@cisco.com; scote@markem.com;
justin@cutroni.com; mdestefa@doa.state.ri.us; jdipaoli@rjagroup.com;
kdobecki@emc.com; gducharme@mediaone.net; gducharm@lytron.com;
sduffey@sar.com; david.dufort@polyone.com;
jeffrey.escott@us.pwcglobal.com; cfratini@erols.com; gibba1234@aol.com;
kglover@teloptica.com; Cgraser@fluids.ittind.com;
raging_geek@hotmail.com; justin.koller@quantum.com; mlang32696@aol.com;
alast@cea-inc.com; deucicle@aol.com; mahklavek@aol.com;
andrew.h.lewis@enron.com; ed.macys@us.neles-jamesbury.com;
jmahoney@rjagroup.com; mmarcoux@boston-engineering.com;
gmasterson@hgi-fire.com; jmcginn@dem.state.ri.us; bmcneany@mediaone.net;
david_w_melvin@groton.pfizer.com; lminichino@alum.wpi.edu;
imitchell@consolindustries.com; mnorris@aware.com; jimoc@radionics.com;
dolsen01@opal.tufts.edu; onffroy@emc.com; aplante@intellution.com;
k-boom@msn.com; aproulx@ludlowhq.com; prytkoj@ifc.utc.com;
prytko@gis.net; Christopher.quaranta@teradyne.com;
bill@rayengineeringco.com; cremington@intellution.com;
asanford@pria.com; timothy.w.spence@baesystems.com;
jstearns@allenmajor.com; jeremy_stevens@notes.teradyne.com;
wsullivan@brooks.com; Matt_Thibodeau@ingersoll-rand.com;
ctoole@boston-engineering.com; truongd@mpbhemail01.mpb.timken.com;
VANDETTC@bsci.com; rvinc23888@aol.com; michaelwillock@yahoo.com;
jeffrey.wilson@atlp.com; yudichdj@pweh.com
Subject:

---------------------- Forwarded by Matthew Faunce/US/Raytheon on
01/10/2002 12:04 PM ---------------------------

Mike Marcoux <mmarcoux@boston-engineering.com> on 01/10/2002 11:03:32 AM

To:   George Barroso <gbarroso@netnumina.com>, Matt Faunce
      <matthew_faunce@raytheon.com>, Charlie Toole
      <ctoole@boston-engineering.com>, Eric Atherton
      <eatherton@nuvera.com>, Michele Beaulieu <sheisshort@yahoo.com>, Mary
      Le Blanc <Mary.LeBlanc@Aspentech.com>, Todd Cadle
      <tcadle@amicas.com>, Kim Clendening <kclendening@TRITONSYS.com>,
      Scott Collins <scott.coll1@radiomed.com>, Kristina Crichton
      <kcrichto@hotmail.com>, "David. Crowell" <david.crowell@vaisala.com>,
      Glen Cunningham <glenc@toshibasf.com>, Desir?e DiMichele
      <ddimichele@mecf.org>, Jamie Dipoli <jdipaoli@rjagroup.com>, Beth
      Fleming <bethflem@yahoo.com>, Paul Fleming <pflem_98@yahoo.com>,
      Billy Gallant <jabawalky@rcn.com>, Michael Giles
      <MGiles@loomissayles.com>, Nate Hequembourg
      <NHequembourg@ma.slr.com>, Lesley Keays <Lesley.Keays@parexel.com>,
      Jason Kuhne <jkuhne@cisco.com>, Kevin Ledoux <deucicle@aol.com>, Ann
      Marie <goldylocks13@aol.com>, Erin Meara <mearae@mediaone.net>,
      jessica monteiro <jessica.monteiro@cingular.com>, Melissa Murgo
      <melismurgo@yahoo.com>, Deirdre Neylon
      <Deirdre_Neylon@harvardpilgrim.org>, Mike Norris <mnorris@aware.com>,
      Andrew Nutting <ADNutting@WellManage.com>, "Dennis O'brien"
      <dobrien@law.harvard.edu>, Dave Pasquale
      <dave@accurateconsulting.com>, Melanie Porter
      <melanie.l.porter@bellatlantic.com>, Kersten Schweppe
      <KERSTEN.Schweppe@CINGULAR.COM>, Tim Spence
      <timothy.w.spence@baesystems.com>, Brenda Williams
      <brens_13@hotmail.com>, Rachel Williams <rwmarie@hotmail.com>
cc:

Subject:

Matty & Geo,

Could you forward this message around for me?  Grassy-ass.
---------------------------------------------------------------

I know it's really early to be looking, but I'd rather get the ball rolling
now than later.  In July, my roommate is moving out to full fill her life
long dream of becoming a domestic partner to a short hairy angry Italian,
and I'll either be looking for a new roommate or a new place.  My apartment
now is in West Newton, it's a 2nd floor 2 bedroom, den, screened in front
and back porch, washer/dryer, Swedish suck machine, etc. and about
$1450/month (includes jack squat).  Anyone interested or know of anyone
who's not a complete psychopath Or doesn't mind living with one, let me
know. L8R

Mike Marcoux
Mechanical Design Engineer
Boston Engineering
26 Fox Road
Waltham, MA 02451
P: 781-466-8010 EXT 20
F: 781-466-8020
Email: mmarcoux@boston-engineering.com
www.boston-engineering.com

**********************************************************************
This message and any attachments are intended for the
individual or entity named above. If you are not the intended
recipient, please do not read, copy, use or disclose this
communication to others; also please notify the sender by
replying to this message, and then delete it from your system.

The Timken Company
**********************************************************************

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

email-body was scanned and no virus found.
---------------------------------------------------------


I was just thinking about emailing you...no I really was.  It's scary, we
think alike.  I can't believe I'm leaving tomorrow.  I have soooooo much to
do today.  Well a lot of it probably won't get done at this point.  I've
pretty much given up on most of it getting done before I leave.   After work
I'm going to find a notary so I can drop all this ticket stuff off.  And I
have to get my oil changed, and if I have time I'm going to go get my
brother's cd.  Oh and I have to pack...can't exactly put that one off any
more.  But other than that I'm free this evening.  Do you have French?

I'll call you later.
Robin


Get your read pin out


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