Jeffrey,

My name is Molly Vaughan and I work along side your Forrester Account Manager David Kobierowski to cover the relationship between Forrester and Enron. I was hoping for an opportunity to have a 10-15 minute conversation with you to find out more about your specific role and business challenges that you may be facing.  Based on that conversation, I will be in a better position to direct you to some of the research we have that addresses those specific topics.  Let me know when a good time for me to call would be.

Link to Forrester's homepage  -->  http://www.forrester.com/Home/0,3257,1,FF.html

I look forward to working with you,

Best regards,

Molly Vaughan

Molly Vaughan | Forrester Research, Inc. | 400 Technology Sq. | Cambridge, MA 02139 | Direct: 617.613.6532 | email:mvaughan@forrester.com Corporate Web site: www.forrester.com


Attached for your review please find one (1) copy of the title and
survey issues memo I have prepared, which sets forth certain title and
survey issues related to the St. Lucie County site, and also sets forth
what work, if any, we are undertaking to resolve the issues.  In
addition, attached for your review please find one (1) copy of the
initial draft of the title and survey objection letter for the St. Lucie
County site.  The issues set forth in the memo and letter are relatively
minor in nature, as our review of the title and survey documents did not
reveal any issues of which were particularly unusual.  With respect to
the financing issues as they relate to the attached documents, I am not
at all certain whether they have been evaluated from this perspective,
and I am also not certain if they have any impact at all on said issues.

Once you have had an opportunity to review the attachments, please call
me with any questions or comments you may have.  Once the objection
letter is in final form, I will forward same to the optionor.

Best regards,

Chris Boehler

-----Original Message-----
From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com]
Sent: Tuesday, May 29, 2001 11:08 AM
To: Boehler, Chris
Subject: Re: St. Lucie County

Please email me a brief overview of what these documents are, how they
fit
into the overall picture, and the issues which need the most scrutiny.
Additionally, have these been evaluated in light of Enron's balance
sheet
and financing issues?

Thanks,

Kay

 - memo.doc
 - object.doc


If you have a job - my suggestion is to stay put.  There are hundreds of people in redeployment right now.  It is very hard to find a job.  I don't know if you've heard, but I'm leaving on September 15th.  Ken is leaving Enron and I'm going to stay home with Drake - I'm going to be poor, but that's ok!

 -----Original Message-----
From: 	Davis, Dana
Sent:	Thursday, August 30, 2001 9:41 AM
To:	Dalton, Dorothy
Subject:	Good Morning
Importance:	High

Good Morning -

Hope your are doing well in all this rainy weather.  I wanted to ask you a question and your opinion of the odds of me being placed if I go into the redeployment program?  I got my review back and it is much better than it has been in a long time.  I guess I am just concerned that if I don't make a move now, year end might not be as favorable for me.  Rumor has it that the other clerk that I work with has found another job and will be leaving on the 14th of Sept.  I have been caught in such a vicious cycle so long that I just don't know what else to do.  If you have time call me or email me.  I just want to know what you think.

dd


Thank you for submitting the following responses on the RSVP
Online Form for the 2001 Enron Law Conference. The
information you submitted is as follows:

Attendance: Y
First Name: Dan
Last Name: Hyvl
Position: Attorney
Legal Group: ENA
Phone: (713)853-6895
Fax: (713)646-3490
Email: Dan.J.Hyvl@enron.com
Admin. Phone: none
Admin Email: none
Arrival Date: May 2, 2001
Departure Date: May 4, 2001
Hotel Accommodations: King Sized Bed
Non-Smoking: Y
Other:
Thursday Activity: Rafting the Guadalupe River - 5 hours
with a guide to enjoy the exhilaration of San Antonio's
great river.
Golf Handicap:
Awards Dinner: Y
SAP Company: 0413
SAP Cost Center: 105659
State Bar Licensed: TEXAS
Bar #: 10382900

This message is a confirmation of the details of your RSVP
form.  If any of the information is incorrect or your plans
change, e-mail Sara Davidson with the information. Do not
make any changes on the website.


Information Management Weekly Milestones Report ) 02/09/01

Portal.
Portal development work continues for respective BU/FUs under Joe Wong's
direction.  This work is based on information collected from portal surveys.
Brandon Rigney's team committed to delivering the portal graphical treatment
by 2/16/01.  A new portal name is being discussed.  The decision for the
portal "look and feel" and the portal name will be made next week.  A
"progress before perfection" approach is planned for releasing the portal.

"Killer" or "sticky" applications for the new portal are being identified and
prioritized.  All task force members are required to identify five "killer"
or "sticky" applications by next week's IM Task Force meeting.

Some features of Hewlitt Packard's benchmark portal are being discussed and
targeted for development.

Tibco 2.0 version targeted as a requirement to provide personalized color
treatments for portal.  Allen Elliott to confirm licensing agreement for
Tibco 2 is in place.

Single sign-on capability will require changes to the producer portal
applications.  The single sign-on security task force has developed and
proposed a strategy to make this happen.  The portal development is working
this issue to ensure the eventual release of a single sign-on entry point for
the portal.

Philippe Bibi was provided a project update.  Philippe re-emphasized the need
to unveil a best practices portal that is simple, wanted by users, and
value-added for users.

UDM/ESE.
Inktomi and Verity appear to be the choice contenders.  Since Autonomy
requires an obtrusive amount of work on individual employees, interview
results predict users would not support this product type.  Consequently, the
task force does not expect to pilot Autonomy.

Business Analyst Paul Timberlake collected high level pricing for each
vendor.  Below is a table of that information.  Paul is working with GSS's
Peter Goebel to gain additional pricing support. Note, Paul's final report
will have extensive licensing information for each vendor.

Vendor	Initial Cost	Annual Support & Maintenance
Autonomy	$3,000,000	$540,000 / year support
Inktomi	$1,375,000	$206,250 / year support
Verity	$682,500
	($487,500  +  $162,500 + $32,500)	$130,000 / year support

IM Strategy Proposal.
Steve Kean attended the weekly IM Task Force meeting to get an update on the
IM Strategy Proposal.  Although the task force was suggesting an executive
point person be identified, Steve reminded the task force of the value of
grassroots efforts.  The task force will remain focused on identifying and
developing sticky portal applications to improve the flow of information
which ultimately should increase the flow of revenue.  Steve's message to IM
Task Force:  do what it takes to make it happen.

During the discussion with Steve, the task force reviewed HP's best practices
portal.  Steve would like to view the HP demonstration of their best
practices portal.

The Task Force team met with EES' Knowledge Management team to discuss a ONE
Enron approach to information management.  EES emphasized need for executive
management to encourage BU/FU IM/KM coordination.


Bryan,

I shall  call you later today when I have a chance to read the message from
Ben.

I wanted to ask you for a favor (on a very short notice). We are talking to
the Wharton School
about setting up a relationship with them and getting involved in one or
more  research projects
with them.

One of the potential  topics is emerging technologies. The Wharton offers  a
symposium in Paris on June 10
 on High Tech Acquisitions  and it would make a lot of sense if you
(or somebody from London you could identify) could attend and help us to
evaluate the usefulness
of this project.

I am enclosing the message from the person in Wharton running this program.

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 06/05/2000
09:08 AM ---------------------------

tomczyk@wharton.upenn.edu (Michael Tomczyk) on 05/18/2000 10:56:08 AM
To: vkamins@enron.com
cc: Thomas.Piazze@wharton.upenn.edu
Subject: Wharton Event-June10-Insead

Vincent,

It was truly a pleasure getting to know you in our meeting yesterday, and I
look forward to the prospect of exchanging views in the future on a variety
of topics pertaining to emerging technologies.

Per our discussion, I've enclosed three files that include an invitation,
agenda and rsvp form for the June 10 symposium on High Tech Acquisitions at
Insead.  If you or the individual(s) who will be attending have any
questions, please email:  Phanish Puranam at: PHANIS20@WHARTON.UPENN.EDU or
you can call him at 215-898-1231.

This initiative will be expanded during the coming year and I believe that
Enron's involvement will give the company access to some of the early
research in progress as it unfolds, and of course, if you become involved
as a partner in the Emerging Technologies Program you would have
opportunities to help guide the direction of the research which is one of
the partnership "benefits."

Our next upcoming events are scheduled for:

Friday, September 8
"WHAT NEXT ON THE INTERNET?"
This is a faculty update day with industry partners also invited.
We will co-sponsor this with Wharton's major e-Business initiative.
Major issues addresses include "New Economics of the Web" and
"Internet, Anywhere."

Friday, October 20
"FIRST MOVER ADVANTAGE, SHAKEOUTS & SURVIVAL STRATEGIES"
Designed by the ET core group and
presented in collaboration with the e-Commerce Forum.

As I indicated during our discussion, participation in the Emerging
Technologies Management Research Program is by invitation and on behalf of
our core faculty, I am pleased to extend an invitation for Enron to join
the program.

To assist in your decision, we recommend having a representative attend the
symposium in Paris on June 10 to "test drive" the program.

I'll send you a formal invitation which you are free to accept at your
convenience, should you agree that Enron's participation in the ET Program
would be of value.

Please call or email if you have any comments or questions.

best regards,
Michael

 - Insead workshop Invitation lett - Insead Workshop Agenda1.doc - RSVP
form.doc
Michael S. Tomczyk
Managing Director
Emerging Technologies Management Research Program
1400 SH-DH/6371
The Wharton School
Philadelphia, PA 19104-6371

Tel 215-573-7722
Fax 215-573-2129


This in an automated e-mail sent out from the Commissioner.COM
web site.  Do not reply to this e-mail, but instead please visit
your league's site at http://football.commissioner.com/kourn

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

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Jeff, Heather has started work on a draft program, and I've emailed her to
ask if it's something we could shoot over to you. Mike Florio from TURN has
accepted our invitation, so we will have a consumer advocate at the table.
We're asking Diane Feinstein to give a brief opening keynote. I wish we had
more confirmations as of today, but I think all of our hard work is paying
off: The speaker group is getting pretty impressive already (e.g Lynch,
Littlechild, Tyson, Harris), and I'm confident that we will have several top
private sector CEOs as well. The conference will be an excellent one; we'll
keep plugging away to meet all of our goals for it.
I'll keep you posted, and let me know if there's anything else I can do to
help at your end. Thanks for all of your help in getting this going.

Lee

-----Original Message-----
From: Jeff.Dasovich@enron.com [mailto:Jeff.Dasovich@enron.com]
Sent: Friday, September 29, 2000 8:04 AM
To: Lee S. Friedman
Subject: Re: UC Summit Conference

Thanks, Lee.  Is there a firmed-up agenda yet?  If so, could you forward to
me?


LL,

Here are my top five customers, in addition to the marketing companies that we outlined earlier in the group meeting:

Nicor

Nicor Enerchange

Cilco

Illinois Power

Royster Clarke

Thanks

Patrice


yeah i think so, we will make it next week, if you are going to leave any earlier let me know

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Friday, February 01, 2002 11:50 AM
To:	Maggi, Mike
Subject:	RE:

I probably won't be able to leave until 4. I'm sure you'll be gone by then.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Friday, February 01, 2002 11:49 AM
To:	Rybarski, Amanda
Subject:	RE:

im not sure yet, let me know what you are doing

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Friday, February 01, 2002 11:48 AM
To:	Maggi, Mike
Subject:	RE:

When are you leaving today?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Friday, February 01, 2002 11:48 AM
To:	Rybarski, Amanda
Subject:	RE:

i hope you can figure it out, let me know if you need help

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Friday, February 01, 2002 11:47 AM
To:	Maggi, Mike
Subject:	RE:

I wish! I've been sitting here trying to figure out how I can see you today.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Friday, February 01, 2002 11:45 AM
To:	Rybarski, Amanda
Subject:	RE:

is it next week yet

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Friday, February 01, 2002 11:44 AM
To:	Maggi, Mike
Subject:	RE:

Well then I guess I'm going to have to wear them more often.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Friday, February 01, 2002 11:42 AM
To:	Rybarski, Amanda
Subject:

i like the glasses


Julie,

No problem. It's your call but Chris should also be mentioned as number one.

Vince

"Julie" <julie@lacima.co.uk> on 08/03/2000 03:06:28 PM
To: "Vince J Kaminski" <Vince.J.Kaminski@enron.com>
cc:
Subject: Re: Preface for book

Vince,
Thanks for this.??
?
Are you OK with us using your name for this??
?
Julie
----- Original Message -----
From:  Vince J Kaminski
To: julie@lacima.co.uk
Sent: Wednesday, August 02, 2000 2:11  PM
Subject: Re: Preface for book

---------------------- Forwarded by Vince J  Kaminski/HOU/ECT on 08/02/2000
08:16
AM  ---------------------------

Vince J Kaminski
08/02/2000 08:09  AM

To:?? "Julie" <julie@lacima.co.uk> @  ENRON
cc:?? Vince J Kaminski/HOU/ECT@ECT, Grant  Masson/HOU/ECT@ECT
Subject:? Re: Preface for book? (Document  link: Vince J Kaminski)

Julie,

The introduction looks fine. I  have made some cosmetic changes
(typos and split infinitives that slipped  by). You can safely ignore most of
them.
English is not even my second  language.

The corrections are in pink.

Vince
(See attached  file: Intro0802.doc)

"Julie" <julie@lacima.co.uk> on 08/01/2000  07:43:10 AM

To:?? "VinceJKaminski" <Vince.J.Kaminski@enron.com>
cc:
Subject:?  Preface for book

Vince,

Hope you are well.

We  spoke a while ago about who should write the preface for the book, and?
you
kindly offered that you would provide this. Is this still?  possible? We
realise that you are extremely busy, so Chris and Les  went? ahead and wrote
something, which is below, and if you want to  review, change or? re-write the
preface, that would be very  appreciated. Let me know? what your thoughts
are.

Thanks,
Julie
(we're getting  close)

Preface

One of our main  objectives in? writing Energy Derivatives: Pricing and Risk
Management  has been to bring? together as many of the various approaches
for  the
pricing and risk management? energy derivatives as possible, to  discuss
in-depth
the models, and to show how? they relate to each  other. In this? way we hope
to
help the reader to analyse the  different models, price a wide? range of
energy
derivatives, or to  build a risk management system which uses a? consistent
modelling  framework. We? believe that for practitioners this last point is
very
important and we continue? to stress in our articles and  presentations the
dangers of having flawed risk? management and giving  arbitrage opportunities
to
your competitors by using? ad-hoc and  inconsistent models for different
instruments and markets (see also OTHERS  WHO PROPOSE CONSISTENT? MODELS?).
However, it is not? our wish to  concentrate on one particular model or
models,
at the exclusion of?  the others because we believe that the choice should
rest
with the  user? (although it will probably be clear from our discussions  the
model(s) we? prefer). We therefore try and give? as clear  account as possible
of the advantage and disadvantages of all the?  models so that the reader can
make an informed choice as to the models  which? best suit their needs.

In order to meet our  objectives the? book is divided into 11 chapters. ? In
chapter 1  we give an overview of the fundamental principals needed to?
model  and
price energy derivatives which will underpin the remainder of the?  book. In
addition to introducing? the techniques that underlie the  Black-Scholes
modelling framework we outline? the numerical techniques  of trinomial trees
and
Monte Carlo simulation for? derivative pricing,  which are used throughout the
book.

In Chapter 2 we discuss  the? analysis of spot energy prices. As? well as
analysing  empirical price movements we propose a number of processes? that
can
be used to model the prices. ? We look at the well-know process of  Geometric
Brownian Motion as well as? mean reversion, stochastic  volatility and jump
processes, discussing each and? showing how they  can be simulated and their
parameters estimated.

Chapter 3,  written by Vince? Kaminski, Grant Masson and Ronnie Chahal of
Enron
Corp., discusses volatility? estimation in energy commodity  markets. ? This
chapter builds on the previous one. It examines in  detail the methods,?
merits
and pitfalls of the volatility estimation  process assuming different? pricing
models introduced in chapter 2.  ? Examples from crude, gas, and electricity
markets are used to  illustrate? the technical and interpretative aspects of
calculating  volatility.

Chapter 4 examines forward curves? in the  energy markets. Although? such
curves
are well understood and  straight-forward in the most financial? markets, the
difficulty of  storage in many energy markets leads to less well? defined
curves.
In  this chapter we? describe forward price bounds for energy prices and  the
building of forward? curves from market instruments. We?  outline the three
main
approaches which have been applied to building  forward? curves in energy
markets; the arbitrage approach, the  econometric approach, and? deriving
analytical values by modelling  underlying stochastic factors.

Chapter 5 presents an overview  of? structures found in the energy derivative
markets and discusses  their uses. Examples of products analysed in this
chapter include a variety  of swaps, caps, floors and collars, as well as
energy
swaptions, compound  options, Asian options, barrier options, lookback
options,
and ladder  options.

Chapter 6 investigates single and? multi-factor  models of the energy spot
price
and the pricing of some standard?  energy derivatives. Closed form? solutions
for forward prices, forward  volatilities, and European option prices? both on
the spot and  forwards are derived and presented for all the models in? this
chapter  including a three factor, stochastic convenience yield and interest
rate  model.

Chapter 7 shows how the prices of? path dependent  and American style options
can
be evaluated for the models in? Chapter  6. Simulation schemes are? developed
for the evaluation of European  style options and applied to a variety? of
path
dependent options. In  order? to price options which incorporate early
exercise
opportunities, a trinomial? tree scheme is developed. This  tree? is built to
be
consistent with the observed forward curve and  can be used to? price exotic
as
well as standard European and American  style options.

Chapter 8 describes a methodology? for  valuing energy options based on
modelling
the whole of the market  observed? forward curve. The approach results? in a
multi-factor  model that is able to realistically capture the evolution of a
wide range  of energy forward curves. ? The user defined volatility structures
can  be of an extremely general? form. Closed-form solutions are?  developed
for
pricing standard European options, and efficient Monte  Carlo? schemes are
presented for pricing exotic options. The chapter  closes with a discussion of
the valuation of American style  options.

Chapter 9 focuses on the risk? management of  energy derivative positions. ?
In
this chapter we discuss the  management of price risk for institutions? that
trade options or other  derivatives and who are then faced with the problem?
of
managing the  risk through time. ? We begin with delta hedging a  portfolio
containing derivatives and look? at extensions to gamma  hedging ?
illustrating
the techniques using both spot and? forward  curve models. The general? model
presented in Chapter 8 is ideally  suited to multi-factor hedging of a?
portfolio
of energy derivatives  and this is also discussed.

Chapter 10 examines the key  risk? management concept of Value at Risk (VaR)
applied to portfolios  containing? energy derivative products. After?
discussing
the  concept of the measure, we look at how the key inputs?  (volatilities,
covariances, correlations, etc) can be estimated. We then  compare the fours
major? methodologies for computing VaR; Delta,  Delta-gamma, historical
simulation and? Monte-Carlo simulation,  applying each to the same portfolio
of
energy? options. In this  chapter we also? look at testing the VaR estimates
for
various  underlying energy market? variables.

Finally, in Chapter  11 we review? modelling approaches to credit risk. ? We
look
in  detail at two quite different approaches, CreditMetrics (J. P. Morgan
(1997))
and? CreditRisk+ (Credit Suisse Financial? Products  (1997)) for which
detailed
information is publicly available. Together  these provide an extensive set?
of
tools with which to measure credit  risk. We present numerical examples of
applying these techniques to energy  derivatives.

Before? we begin we stress that the models and  methods we present in this
book
are tools? which should be used with  the benefit of an understanding of how
both
the ?tool?? and the market  works. The? techniques we describe are certainly
not
?magic wands?  which can be waved at? data and risk management problems to
provide  instant and perfect solutions. To quote from the RiskMetrics
Technical
Document ?? no amount of sophisticated analytics will replace  experience and
professional judgement in managing risk.?. ? However,  the right tools,
correctly
used make the job a lot?  easier!


The information contained herein is based on sources that we believe to be
reliable, but we do not represent that it is accurate or complete.  Nothing
contained herein should be considered as an offer to sell or a solicitation
of an offer to buy any financial instruments discussed herein.  Any
opinions expressed herein are solely those of the author.  As such, they
may differ in material respects from those of, or expressed or published by
on behalf of Carr Futures or its officers, directors, employees or
affiliates.  , 2001 Carr Futures

The charts are now available on the web by clicking on the hot link(s)
contained in this email. If for any reason you are unable to receive the
charts via the web, please contact me via email and I will email the charts
to you as attachments.

Crude Spread     http://www.carrfut.com/research/Energy1/crudespread48.pdf
Heat Spread     http://www.carrfut.com/research/Energy1/heatspread48.pdf
Unleaded Spread
http://www.carrfut.com/research/Energy1/unleadspread48.pdf

Heat Crack     http://www.carrfut.com/research/Energy1/heatcrack48.pdf
Gas Crack     http://www.carrfut.com/research/Energy1/gascrack48.pdf

Carr Futures
150 S. Wacker Dr., Suite 1500
Chicago, IL 60606  USA
Tel:  312-368-6149
Fax:  312-368-2281
soblander@carrfut.com
http://www.carrfut.com


Mike, I reviewed the pages to the site you provided.  My only comment right
now is that the correct name of the pipeline is "Houston Pipe Line Company".
Note the Pipe Line is two words.  Everything else looks fine.  We will be
getting back with you on the site access agreement.


What is te stock price doing?  Has there been any announcements on the Dynegy deal?
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)


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Elena, with Imax Town Cars, will pick you up today at 1:40 p.m. You now have
a reservation with National Car Rental in Houston from today until Saturday
morning. Your reservation number is 808752919. You can either check in at the
National desk next to baggage claim and then catch the shuttle to the parking
lot, or you can catch the shuttle first and fill out paperwork once you get
out there. Have a great time in Houston.


Dear all,

Please see attached spreadsheet - we will have to think of a way to automate
the position update - right now it's a manual process to convert the text
file that Andreas sends us to proper spreadsheet format and then pivot table
the results - only takes about 20 minutes to do this however.  Note that the
version 1a VaR model links via VLOOKUP to the spreadsheet attached (as you
know, we have to use VLOOKUP because MG does not necessarily have positions
in all forward months, whilst the pivot table only produces numbers for
forward months with a position).

Regards,

Anjam
x35383

POSITIONS AS OF 19th JULY

---------------------- Forwarded by Anjam Ahmad/LON/ECT on 25/07/2000 20:41
---------------------------

	Enron Europe

	From:  Anjam Ahmad                           25/07/2000 19:17

To: Cantekin Dincerler/HOU/ECT@ECT
cc: Tanya Tamarchenko/HOU/ECT@ECT, Kirstee Hewitt/LON/ECT@ECT, Grant
Masson/HOU/ECT@ECT, Andreas.Barschkis@mgusa.com @ ENRON

Subject: Re: Positions Data

Our pivot table; we noticed that copper position for 19th July has option
included but this is not reported in Mercur - I guess we should include the
5,248 tonnes for the copper option for 2000.09, but we won't show any gamma.

---------------------- Forwarded by Anjam Ahmad/LON/ECT on 25/07/2000 19:18
---------------------------

	Enron Europe

	From:  Anjam Ahmad                           25/07/2000 19:14

To: Tanya Tamarchenko/HOU/ECT@ECT
cc: Cantekin Dincerler/HOU/ECT@ECT, Andreas.Barschkis@mgusa.com @ ENRON

Subject: Re: Positions Data

Hi Tanya,

We are using the data for 19th July from Andreas - see file attached.  We are
using this because we can reconcile to Mercur print out that we got from
Andreas last Wednesday.  If you don't mind, perhaps Cantekin can try again
with this new sheet attached.  We already looked at it, but would like to see
what Cantekin can come up with independently.  I think the positions changed
a lot from 3rd July (your data) to 19th July.

Thanks,

Anjam & Kirstee


Kay Mann
x57566


Kim:  Read this over and give me a call.
---------------------- Forwarded by Chris H Foster/HOU/ECT on 03/30/2001 06:05 AM ---------------------------

	Enron Capital & Trade Resources Corp.  From:  CoganJA@aol.com                           03/29/2001 11:49 PM

To:	sbreen@czn.com, cfoster@enron.com
cc:
Subject:	PPL Proposal

Gentlemen,

I tried to reach both of you late in the evening, but was unsuccessful.  I
will be traveling starting at 7 am Las Vegas time back to NO.  I have a brief
layover in Phoenix and will try to contact you.

Initial reaction to our proposal during the day was that it looked pretty
good.  This I got from Terry Crupi.  At that time Terry had not seen the
proposal, but was relaying what he had gotten from Barbara Veety back in
Allentown. In the early evening I met with John Baileys, Terry Crupi, and Joe
Cammarano of PPL.  At that meeting they expressed concern for the reservation
charge and floor, especially since the Citizens' TW contract has no
alternative market.  I asked if a cap would help ease their concerns and they
said that they did not think so.  They are really struggling with the
reservation charge as we have currently proposed it.  They agree that we
should at a minimum recover all of our fixed pipeline fees in a reservation
charge.  We did not have a chance to get into discussions about other
potential cost that would be appropriately placed in the reservation charge.

They would prefer a pure index based deal and could agree to a load factor of
about 80%, but indicated that they could live with some monthly reservation
fee based upon the monthly index, but we did not get into much detail on
exactly how that would work.

Perhaps the biggest issue that came out of this meeting is that they do not
believe that the SoCal Border is the appropriate index.  They believe that
the PG&E City Gate is more reflective of what the market price is.  They
claim that the SoCal point reflects the El Paso cuts.

In a passing comment John Baileys indicated that they have gotten a number of
 proposals that are attractive on both El Paso and TW.

John Baileys wants to do something with Citizens and is interested in a term
that would go for a least 2 years.  I ask if going through September 03 had
appeal and he responded affirmatively.  He also said that a provision that
allowed for available capacity to move up or down would be acceptable.

PPL wants to keep this process on a fast track, as do we.

The next steps:

1) PPL will provide a counter proposal on Monday.

2) Chris, what insight can you provide on the index issue.  I do not have
much history on that point, but on Friday of last week PGE City Gate was
$9.08 while SoCal Border was $10.90.  What are the historical prices for PGE?
 What are the drivers for the price differences between PGE and SoCal?  Is
the PGE index mature?  I have not followed it.  Is it a more appropriate
index for TW?

Hopefully we can catch up in the morning from Phoenix.

John


This is to verify our meetings tomorrow on the following:

1.  Lincoln Electric (Russ/Ben) 10:00 a.m. to noon (conference room tba)
2.  Rochester, Mn (Russ/Ben) same as above
3.  Madision, WI (Erin/Mathew) 2:00 p.m. to 3:00 p.m. (conference room tba)

For each opportunity, I would like to line out a deal structure and formulate
a base case and subsets for modeling.  I am totally open to ideas and input.

I would also like to take our concepts and review with Geoff Allen (MAPP Mid
Marketer) tomorrow afternoon as a cursory review.

If there are questionaires, input forms, etc. that are required for modeling
efforts, we want to make sure we cover that as well.  In addition, we may
want to have credit begin a review to verify the parties are creditworthy.  I
know that Lincoln and Madision are highly rated, but I am not sure about
Rochester.

Due to the short fuse on each of these, we need to be prepared to turn
proposals around in 5 to 7 business days.

Thanks

Oscar


Gerald has requested I send you the following agreement forms for Pure Energy. Please give me a call if you have any questions.

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


David in respect of changes to GTC to address tax issues from payments
directed outside we are awaiting comments from Price Waterhouse. We have
given this work a priority and will keep you posted. I would also want to
ensure we have addressed the procedural issues as to how settlements will be
effected for parties who are not recognised under the industry settlement
system.

On the second point the criteria to be applied it is as previously advised.
We must make sufficient enquiries to ensure that the proposed counterparty is
creditworthy and that it is trading as a principal. Presumably we would also
want to make some determination as to the ability enforce an Australian
judgment in a jurisdiction where the counterparty has assets. Under the GTC
Australian law and courts are designated.

David Forster@ECT
03/21/2000 04:29 AM
To: Heidi Mason/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, David
Minns/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Paul Smith/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Arfan Aziz/LON/ECT@ECT,
Mario Parra Cardoso/Corp/Enron@Enron

Subject: Tax Amendments to GTC

Heidi/David,

Please notify me as soon as you are able to determine:

1) Whether or not we need to amend the GTC.
2) What criteria will need to be applied to companies outside Australia who
wish to trade Australian Power.

As soon as we have settled the above, I'd like to open up the foreign
profiles to Australian Power.

Thanks,

Dave


As part of our commitment to responsible business practices around the world,
we have recently launched a Corporate Responsibility function at Enron.  The
further development, implementation and ultimate success of this effort will
depend upon the participation and coordination of the business units and
regions.

To that end, we are launching a Corporate Responsibility task force, which I
will chair.  The roles of this task force will include developing and
coordinating social and environmental policies, strategy, and information
among the Enron business units; monitoring alignment of business activities
with corporate responsibility goals; and providing a forum for business units
to share issues and develop a consistent strategy.  Kelly Kimberly, Senior
Vice President of Corporate Responsibility, and also of Marketing
Communication and Public Relations for Enron Broadband Services, will lead
the overall corporate responsibility initiative.  Additionally, because of
their interest and experience working on these issues, Paula Rieker, Mark
Schroeder and Rob Walls have already volunteered to represent their
respective business units on the task force.

As a leader at Enron, I am seeking your participation, support and
leadership.  I am asking the head of each business unit or major corporate
function to either participate personally or designate a VP-or-higher level
individual to serve as a member of the task force.  I look forward to your
organization,s participation.

The first task force meeting will be in Houston from 10:00 a.m. to 2:00 p.m.
Please choose one of the dates listed below, note your designee, and respond
to Stacy Walker by Tuesday, September 19, by fax at 713-646-3248, or by phone
at 713-853-3583.  Additional details, such as an agenda and a meeting
location, will follow.

October 3 _____    October 25     _____

October 4 _____   Designee _________________________

Thanks.
Joe


sounds good

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


How do I go about getting my logon id and password?  I seem to have deleted
the e-mail that was sent out.

Thanks,

Eric Bass
x30977


Same city, different Westin.  This one is on the Riverwalk, the other was
near the Hyatt.  I like San Antonio for the trip though.  Easy!

Busy as usual.

Love,

Kay

"Neil Mann" <nmann@erac.com> on 02/08/2001 10:39:05 AM
Please respond to <nmann@erac.com>
To: "C. Kay Mann (E-mail)" <Kay.Mann@Enron.com>
cc:

Subject: Good Morning

Good morning sweetie. How did it go this morning?
The law conference in May looks nice. Isn't that where it was last year?
Gota go. John wants to talk to me. Love, NM


Hey guys, just thought this was a fun one to keep passing around and
hopefully it will make wishes come true for all of us during the holiday
season.  Have a great Holiday and I will talk to you all soon.
Love, kim

>From: BotanExp@aol.com
>To: Gabler51@aol.com, RLRRamjet@aol.com, HighRock45@aol.com,
>TKirkw44@aol.com,        kimberly_kirkwood@hotmail.com
>Subject: Fwd: Fw: THIS IS SCARY!!! DO IT!!
>Date: Tue, 12 Dec 2000 15:10:36 EST
>
>

______________________________________________________________________________
_______
Get more from the Web.  FREE MSN Explorer download : http://explorer.msn.com

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Message-ID: <00e701c060aa$e4a50260$366fc4d1@bbbike>
From: "B Bike" <bbbike@pdq.net>
To: "Tom Oglesby" <roadkingto@aol.com>, "Bubba Brown"
<l.brown@ssss.com>,        "Buck M Rackley" <bssnm@uswest.net>,        "Susie
Goodwin" <BotanExp@aol.com>,        "James Stone"
<stonejames@worldnet.att.net>
Subject: Fw: THIS IS SCARY!!! DO IT!!
Date: Thu, 7 Dec 2000 18:07:44 -0600
MIME-Version: 1.0
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X-Mailer: Microsoft Outlook Express 5.00.2919.6600
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----- Original Message -----
From: "Walker, Susan" <swalker@velaw.com>
To: <stdesw12@shsu.edu>; <bbbike@pdq.net>; "Munoz, Jennifer"
<jamunoz@velaw.com>; "Chanslor, Natalie" <nchanslor@velaw.com>;
"Guillen-Lazo, Stella" <sguillen-lazo@velaw.com>
Sent: Thursday, December 07, 2000 11:22 AM
Subject: FW: THIS IS SCARY!!! DO IT!!

> Sorry to send this but I could use a wish.
>
> -----Original Message-----
> From: Harris, Lysa
> Sent: Thursday, December 07, 2000 8:57 AM
> To: Katzen, Bert; Walker, Susan; Nichols, Judy; Dozier, Nancy; Richter,
> Heidi
> Subject: FW: THIS IS SCARY!!! DO IT!!
>
>
>
> Sorry, but I don't need any more bad luck.
> -----Original Message-----
> From: Henry, Rosie
> Sent: Thursday, December 07, 2000 8:41 AM
> To: Sossaman, Jan; Salmon, Kelly; McCartney, Linda; Acrey, Rhonda;
> Price, Diane R.; Holmes, Sharon; Hager, Nancy; Harris, Lysa; Musgrove,
> Karen; Kenna, Elaine; Barker, Sharon; Byers, Estela;
> 'dmuery@geopursuit.com'; 'bfore@computalog.com'
> Subject: FW: THIS IS SCARY!!! DO IT!!
>
>
>
>
> -----Original Message-----
> From: Sacramento, Marilyn
> Sent: Thursday, December 07, 2000 6:13 AM
> To: Leonor Mendoza (E-mail); Barker, Sharon (E-mail); Bolden, Helen
> (E-mail); Byers, Estela (E-mail); Carolyn Marshall (E-mail); Comer,
> Linda (E-mail); Davis, Arnette (E-mail); Goddin, Dawn R. (E-mail);
> Gravois, Carolyn (E-mail); Henry, Rosie (E-mail); Hunt, Dona (E-mail);
> Kenna, Elaine (E-mail); McQuerry, Linda; Paul, Frances (E-mail); Pauline
> Akers (E-mail); Penick, Maricarmen (E-mail); Stephanie Adams (E-mail);
> Suzanne Altenburg (E-mail)
> Subject: FW: THIS IS SCARY!!! DO IT!!
>
>
>
>
> -----Original Message-----
> From: Currey, Julie
> Sent: Tuesday, December 05, 2000 8:06 AM
> To: Williamson, Tina; 'djacurrey@aol.com'; 'A8J15CUT@aol.com';
> Sacramento, Marilyn; Lannin, Joanne
> Subject: FW: THIS IS SCARY!!! DO IT!!
>
>
> Sara Hanson sent this to me so I figured I better do it!!
>
> .
>
> > -----Original Message-----
> > From: Huddleston, Mary
> > Sent: Monday, December 04, 2000 10:24 AM
> > To:   Turner, Kathy E.; Wolf, John F.; Wolf, Sherry; Sampson, Katie;
> > White, Mary Ellen; Bolen, Theresa Y.; Cerisano, Aleta D.; Smith, Cheryl
> > D.; Kearns, Gary; Bockelman, John
> > Subject:  FW: THIS IS SCARY!!! DO IT!!
> >
> > I had to do this one.... just in case it can come true.
> > Mary H
> >
> > -----Original Message-----
> > From: Burg, Martha
> > Sent: Monday, December 04, 2000 9:35 AM
> > To:   Leigh, Sally; Hill, Karen L.; Williams, Evelyn; Huddleston, Mary;
> > Rich, Gerry Ann; Harden, Loretta; Turner, Kathy E.
> > Subject:  THIS IS SCARY!!! DO IT!!
> >
> >
> > Good Luck
> >
> >
> > Subject: Fwd: THIS IS SCARY!!! DO IT!!
> >
> > This Is  Scary!!
> > The Phone Will  Ring Right After You Do This. . .
> > Just read the little stories and make a wish.
> > Scroll all the  way to the bottom and there is a little message there
> > -then do  it. No attachment on this one.
> >
> > I'm 13 years old, and I wished that my dad would come home from the
army,
> > because he'd been having problems with his heart and right leg. It  was
> > 2:53 p.m. that I'd made the wish.  At 3:07 p.m. (14 minutes later),  the
> > doorbell rang, and there he was, luggage and all!!
> >
> > Katie
> >
> >
> > I'm 20 and I've  been having trouble in my job and on the verge of
> > quitting.
> > I made a simple  wish that my boss would get a new job.  That was at
1:35
> > and at 2:55 there was an announcement that he was promoted.
> >
> > Lisa
> >
> >
> > Believe me...this really works!!  Just scroll down to the end, but while
> > you do, make a wish.  Whatever age you are, is the number of minutes it
> > will take for your wish to come true (ex. you are 15 years old, it will
> > take 15 minutes for your wish to come true).  If you don't send this to
> > people in 5  minutes, you will have bad luck for years!!
> >
> > Go!!!!!!
> > *
> > **
> > ***
> > ****
> > *****
> > ******
> > *******
> > ********
> > *********
> > **********
> > ***********
> > ************
> > *************
> > **************
> > ***************
> > ****************
> > *****************
> > ******************
> > *******************
> > ********************
> > *********************
> > **********************
> > ***********************
> > ************************
> > *************************
> > **************************
> > ***************************
> > ****************************
> > *****************************
> > ******************************
> > *******************************
> > ********************************
> > *********************************
> > **********************************
> > ***********************************
> > **********************************
> > *********************************
> > ********************************
> > *******************************
> > ******************************
> > *****************************
> > ****************************
> > ***************************
> > **************************
> > *************************
> > ************************
> > ***********************
> > **********************
> > *********************
> > ********************
> > *******************
> > ******************
> > *****************
> > ****************
> > ***************
> > **************
> > *************
> > ************
> > ***********
> > **********
> > *********
> > ********
> > *******
> > ******
> > *****
> > ****
> > ***
> > **
> > *
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   > >**
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   > >***
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   > >****
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   > >*****
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   > >******
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   > >*******
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   > >********
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >*********
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >**********
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >***********
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >*************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >**************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >***************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >****************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >*****************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >******************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >*******************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >********************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >*********************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >**********************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >***********************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
>*************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
>**************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >***************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >****************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >*****************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >>>> >******************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >>>> >*******************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >>>> >********************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >>>> >*********************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >>>> >**********************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >>>> >> >***********************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >>>> >**********************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >>>> >*********************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >>>> >********************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >>>> >*******************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >>>> >******************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >*****************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >****************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >***************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
>**************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
>*************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >***********************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >**********************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >*********************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >********************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >*******************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >******************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >*****************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >****************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >***************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >**************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >*************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >***********
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >**********
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >*********
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   > >********
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   > >*******
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   > >******
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   > >*****
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   > >****
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   > >***
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   > >**
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   > >*
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   > >**
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   > >***
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   > >****
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   > >*****
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   > >******
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   > >*******
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   > >********
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >*********
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >**********
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >***********
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >*************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >**************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >***************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >****************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >*****************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >******************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >*******************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >********************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >*********************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >**********************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >***********************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
>*************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
>**************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >***************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >****************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >*****************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >>>> >******************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >>>> >*******************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >>>> >********************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >>>> >*********************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >>>> >**********************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >>>> >> >***********************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >>>> >**********************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >>>> >*********************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >>>> >********************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >>>> >*******************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >>>> >******************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >*****************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >****************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >***************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
>**************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
>*************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >************************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >***********************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >**********************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >*********************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >********************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >*******************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >******************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >*****************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >****************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >***************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >**************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >*************
> > >>>> >> > >>>>>>>> > >>> > > > > >
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >************
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >***********
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >**********
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> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   > >*******
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   > >******
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   > >*****
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   > >****
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   > >***
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   > >**
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   > >*
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   > >
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >  >STOP!!!!!!!!
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> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   >
> > >>>> >Congratulations!!!!!!!!!!!!!!!!!
> > >>>> >> > >>>>>>>> > >>> > > > > > >> > >   > >Your wish will  now come
> > true in your
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> >
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> > _
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>           ++++++CONFIDENTIALITY NOTICE+++++
> The information in this email may be confidential and/or privileged.  This
> email is intended to be reviewed by only the individual or organization
> named above.  If you are not the intended recipient or an authorized
> representative of the intended recipient, you are hereby notified that any
> review, dissemination or copying of this email and its attachments, if
any,
> or the information contained herein is prohibited.  If you have received
> this email in error, please immediately notify the sender by return email
> and delete this email from your system.  Thank You


Should this be NCPA, since we do not have transmission with them.  Or maybe
it should be a buy/resale.  let me know.  Thanks.


Here are my suggestions for EBS.  Please let me know if you need any
additional information.

Sue Nord, Sr. Director
Government Affairs
713 345-4196


I added another investor to the list, so here is the latest version.
Thanks
Ben


"I got screwed and now I have a pregnant chad."


----- Forwarded by Sara Shackleton/HOU/ECT on 11/16/2000 07:13 PM -----

	Treasa Kirby
	11/16/2000 05:13 AM

		 To: Stephen Jacobson/EU/Enron@Enron, Matthew Landy/OSL/ECT@ECT, Kim S
Theriot/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, Rod Nelson/LON/ECT@ECT,
Chris Glaas/LON/ECT@ECT, Marcus Von Bock Und Polach/LON/ECT@ECT
		 cc:
		 Subject:

Please find attached draft confirmations for the Corp Prepay.

Regards

Treasa
---------------------- Forwarded by Treasa Kirby/LON/ECT on 16/11/2000 11:12
---------------------------

akeros@tdsec.co.uk on 16/11/2000 10:36:29
To: tkirby@enron.com
cc: francg2@tdsec.co.uk, fulles2@tdsec.co.uk

Subject:

(See attached file: Enron.doc)(See attached file: Enron2.doc)(See attached
file:
Mscg.doc)

Treasa

Please find attached Draft Confirmations showing indicative terms.

Please note that trade size, pricing and maturity are still subject to
internal
approve and the issue concerning our ability to successful net credit
protection
with this transaction still has to be resolved before we will be in a position
to trade.

Please let me know if you have further questions.

I'll speak to you later today

Regards Shane
------------------------------------------------------------------------------
This e-mail and the information it contains may be confidential and is for the
intended addressee(s) only. If you have received it in error, please do not
disclose the contents to anyone. Notify the sender immediately and delete the
transmission from your files. If you are not the intended addressee, any
review,
distribution, copying or use of this information is strictly prohibited and
may
be unlawful.  We do not guarantee the accuracy or completeness of this
communication, expression of views or recommendations, save and except for the
benefit of the intended addressee(s) and subject to the terms of any other
documentation with the intended addressee(s).
------------------------------------------------------------------------------

 - Enron.doc
 - Enron2.doc
 - Mscg.doc


Dean, do you have any information to respond to the highlighted portions?
Thanks!  Michelle

---------------------- Forwarded by Michelle Cash/HOU/ECT on 12/12/2000 11:11
AM ---------------------------

Linda Hallmark@ENRON
12/12/2000 11:05 AM
To: Kathy Neal/NA/Enron@ENRON, Michelle Cash/HOU/ECT@ECT, Aaron
Brown/HR/Corp/Enron@ENRON
cc: Timothy Callahan/NA/Enron
Subject: Due Diligence

We have completed the benefits portion of the due diligence report on Project
Canary.  The highlighted portions require additional information and
documentation.  As per our discussion yesterday, there are numerous questions
regarding Compensation in the Benefits section.  It is my understanding that
Compensation is responding to those issues.  If you have any questions or if
we can be of assistance, please let us know.

Linda


As Enron finalizes plans for our child care center scheduled to open during
the 3rd quarter of next year, we would like your input on 3-5 alternatives
for names for our center. We will be holding open forum type focus groups on:

December 11th and 12th in room EB49C3 from 11 am to 1 pm.

If your schedule allows, we would love to have you stop by and provide your
feedback.

Thanks for your assistance in naming our center! We look forward to seeing
you next week!

Regards,

Charla


This "thread" is from a fella who works in the office next to me who is on
the "other team".  You might want to be careful which night you go to
Tony's...

-----Original Message-----
From: Cutler, Marc
Sent: Thursday, February 14, 2002 1:51 PM
To: Fenner, Chet
Subject: RE: Man Night

actually, i might get a group together for that night too.... it would be
interesting to observe how the typical str8 man reacts to being in a
resturant 1/2 full of drunk homosexuals & big lesbians- then realize that
they, themselves, are a table of all men and how that might look..... :)

-----Original Message-----
From: Fenner, Chet
Sent: Thursday, February 14, 2002 1:49 PM
To: Cutler, Marc; Walsh, Corey; Kubes, Mike
Subject: RE: Man Night

I believe I brought that up last time we went to ensure we don't go the
wrong night!

So, we may see you there Thursday!

-----Original Message-----
From: Cutler, Marc
Sent: Thursday, February 14, 2002 1:39 PM
To: Fenner, Chet; Walsh, Corey; Kubes, Mike
Subject: RE: Man Night

go team!!!!  thursday is a great night to go... not as good as friday, but
either way a table of 5 or 6 men should have fun!!

-----Original Message-----
From: Fenner, Chet
Sent: Thursday, February 14, 2002 1:36 PM
To: Walsh, Corey; Kubes, Mike; Cutler, Marc
Subject: FW: Man Night

-----Original Message-----
From: John Chambers [mailto:John.Chambers@Bisys.com]
Sent: Thursday, February 14, 2002 1:24 PM
To: c.r.zander@att.net; chet_fenner@bmc.com; bcorrier@cox-internet.com;
Joe.Parks@enron.com; erwollam@hotmail.com; knipe3@msn.com;
lawfeder@msn.com; brianc@saltgrass.com; c.r.zander@worldnet.att.net
Subject: Re: Man Night

I didn't want to be left out of the fray.

Check out this web site regarding safe boating:

http://personal.lig.bellsouth.net/lig/r/a/rayf/Ramblers/towboat.html

John

>>> "Erik Wollam" <erwollam@hotmail.com> 02/13/02 12:42PM >>>
Men:

Hunting season is over. It is now working season. All email threads are

gone. No one talks to one another. This is wrong.

I therefor propose man night February 28th, 2002 at some location yet
to be
determined, such as Tony's mexican food...on Ella.

e.

_________________________________________________________________
Chat with friends online, try MSN Messenger: http://messenger.msn.com


Content-Transfer-Encoding: quoted-printable
Date: Tue, 01 May 2001 08:22:45 -0500
From: "Tracey Bradley" <tbradley@bracepatt.com>
To: "Justin Long" <jlong@bracepatt.com>
Cc: "Aryeh Fishman" <afishman@bracepatt.com>, "Andrea Settanni"
<asettanni@bracepatt.com>, "Charles Ingebretson"
<cingebretson@bracepatt.com>, "Charles Shoneman" <cshoneman@bracepatt.com>,
"Deanna King" <dking@bracepatt.com>, "Dan Watkiss" <dwatkiss@bracepatt.com>,
"Gene Godley" <ggodley@bracepatt.com>, "Kimberly Curry"
<kcurry@bracepatt.com>, "Michael Pate" <mpate@bracepatt.com>, "Paul Fox"
<pfox@bracepatt.com>, "Ronald Carroll" <rcarroll@bracepatt.com>
Subject: New York Times - River's Power Aids California and Enriches the
Northwest
Mime-Version: 1.0
Content-Type: text/plain; charset=ISO-8859-7
Content-Disposition: inline

FYI - this was front page news.  Here's a new one -- "Kuwait along the
Columbia."

May 1, 2001

River's Power Aids California and Enriches the Northwest

By BLAINE HARDEN

GEORGE, Wash.  Doing something nice for California has never been a priority
here in the Columbia River Basin, where high-voltage power lines lope across
irrigated fields of alfalfa, potatoes and wheat.

Politicians from California, as farmers in this area will explain at great
length, have been scheming for decades to siphon off the basin's cheap
electricity and water.

Californians, however, have been noticeably less irritating as of late.
Having fouled up electricity deregulation six ways from Sunday, they are
skidding into the summer air-conditioning season desperately short of power.
In the last year, much of their salvation has come from the Columbia River,
whose monstrous dams are the largest hydroelectricity machines in North
America.

All along the river, from Portland, Ore., to British Columbia, utility
companies, aluminum makers and farmers have joined to help save California
but at a staggering price. Charging whatever California's dysfunctional power
market will bear, people in this narrow stretch of the Northwest have created
a kind of Kuwait along the Columbia.

With their record profits, some public utilities are wiring the emptiness of
Eastern Washington with fiber optics, buying diesel generators to make still
more power and paying Wall Street-style wages to electricity traders  while
making sure that their electricity rates remain among the cheapest in North
America. Just north of the border in British Columbia, a state-owned utility
luxuriated in its California windfall by mailing out rebate checks to 1.6
million customers.

Their good fortune, though, has come with a measure of ambivalence and may
well be short-lived. A severe drought is already hurting farmers across the
region. If it continues, utilities along the river will have to buy power and
may be punished by the same market forces that gave them a windfall.

"This is not nice money," said Alice Parker, a retired farmer who heads a
group that promotes irrigation in the Columbia Basin. "It is something that
is offered to us not to use water so Californians can run their
air-conditioners."

Nice or not, a whole lot of money flooded into the Columbia Basin.

North of here in sparsely populated Chelan County, a publicly owned utility
that has two dams on the Columbia made three times as much money last year
than it ever had before. With just 35,000 local customers, the utility last
year had a $58.2 million profit. It paid its two top power traders $285,000
each, an astonishing income in a county where per capita income is less than
$25,000 a year. The utility refuses to reveal the traders' names for fear
their children might be kidnapped.

The chief operating officer of Chelan County Public Utility District
acknowledged that increases in the cost of power were "huge" and "obscene."
But the executive, Charles J. Hosken, added, "We would be imprudent if we did
not maximize this market for our customer owners."

Next door in equally sparse Grant County, a public utility that also owns two
dams on the Columbia has made even more money maximizing the market. It had a
record $88.8 million in profits last year  more than double its best
previous year.

Grant County Public Utility District, which has just 40,000 retail customers,
is using its windfall to help build a $70 million fiber optic network for
local residents. It has also bought 20 diesel generators to guard against
power shortages and, if possible, exploit the power gold-rush. The utility
estimates that those generators could add $50 million to profits in the
coming year.

Like Chelan, Grant is using its profits as a kind of drought insurance to
insulate its customers from high market prices for electricity, when, as now,
local needs exceed generating capacity in the river. Power rates in Grant and
Chelan Counties are about one-fifth as much as in New York City.

Grant County's utility has rejected, for the time being, the idea of giving a
share of its profits to its customers.

"How would it look if Grant County gives away rebates while so many people
are paying more for electricity?" asked Lon Topaz, director of resource
management for the utility. "It would be lousy politics."

An Upside-Down Economy

The second-worst drought on record in the Columbia River Basin has combined
with California's deregulation mess to further distort the energy market.
Drought has not only helped increase the price at which electricity can be
sold on the spot market  10 to 20 times as much as last year's price  it
has strengthened a compelling bottom-line rationale for conservation. Every
megawatt not purchased and used in the Northwest (often at locked-in, long-
term prices that are a fraction of the current market rate) can be sent south
to California. For many utilities, conservation spells local savings and a
long-distance bonanza.

As a result, a regional economy built on half a century of cheap hydropower
has been stood on its head. Irrigation farmers here are being paid up to $440
an acre not to farm.

Similarly, aluminum companies are collecting about $1.7 billion this year by
not making aluminum. Companies like Alcoa have earned profits that delight
Wall Street, while keeping about 10,000 workers on their payroll, by
reselling hydropower that they bought in the mid-1990's under a cheap
long-term contract.

Even residential customers are being offered a chance to make a few dollars
from the power crunch. Avista Utilities has announced that it will pay its
customers in Washington and Idaho 5 cents for every kilowatt they do not use,
if their consumption falls more than 5 percent below last year's level.

For utilities in the Northwest, by far the largest profits from California's
electricity crisis have been secured in British Columbia. A number of private
American utilities have also benefited from California's troubles.

BC Hydro, a utility owned by British Columbia with dams on the Columbia and
Peace Rivers, is the first corporation in the history of the province to
exceed $1 billion in profits, as measured in Canadian currency ($712 million
in United States currency).

To celebrate, the provincial government ordered BC Hydro to do something it
had never done before. The utility mailed each of its customers a check for
$130. BC Hydro also guaranteed them no increases in electricity rates, which
have not gone up for seven years.

"We are just happy to be lucky that we have reservoirs and dams that were
built by people of great foresight," said Brian R. D. Smith, chairman of BC
Hydro.

When reminded that a March study by the California Independent System
Operator, which runs that state's power grid, accused BC Hydro of market
manipulation and profit gouging, Mr. Smith was less happy.

"All they do is scream and shout and they won't pay you the money they owe
you," he said, arguing that his company has gone out of its way to help
California in its hour of need. Gouging has nothing to do with it, he said,
adding that it was California's "awful mess" in deregulating power markets
that fueled BC Hydro's record profits.

A Good Deal for Farmers

In the beginning, that is to say when federal money began transforming the
Columbia from the world's premier salmon highway into a chain of adjustable
lakes, no one paid much attention to electricity. The river possessed a third
of America's hydroelectric potential, but there were not enough people in the
Northwest to use more than a fraction of it, and long-distance high- voltage
transmission lines did not exist.

The main intention, when New Deal dollars began raining on the Northwest in
the 1930's, was to create family farms. Grand Coulee Dam, the biggest dam in
North America and the largest hydroelectric plant, was primarily designed as
a water-delivery device for farmers.

Since then, as 6,000 miles of tunnels and concrete canals were built to
shuttle water around in sagebrush country, each 960-acre farm in the Columbia
Basin Federal Irrigation Project was blessed with at least $2.1 million in
federal infrastructure subsidies, according to the Bureau of Reclamation,
which built it.

In addition, farmers are guaranteed access to cheap water from the Columbia
and the right to buy all the electricity they needed to pump that water out
of the river  at $1.50 a megawatt. A megawatt of electricity currently sells
for $375 to $400 on the spot market. As Paul Pitzer, a Columbia Basin
historian, has written, farmers here have always felt that "no price is too
high to pay for their water so long as someone else is paying the bill."

This year, though, the price finally became unbearably high for the
Bonneville Power Administration, a nonprofit agency that markets electricity
from 29 federal dams on river. The agency calculated that if it could
persuade farmers in the project not to irrigate 90,000 acres of land, water
left in the Columbia would produce electricity worth as much as $129 million
(if it had to be purchased at current market prices).

In a buyout that is without precedent in the Pacific Northwest, Bonneville is
paying 800 farmers a total of $30 million. The farmers receive $330 for each
acre they do not farm. On top of that, Grant County's public utility is
paying many of the same farmers about $100 an acre not to farm their land.

On April 13, about 20 irrigators gathered for lunch at the Martha Inn Cafe
here in George to discuss the buyout. Since farm prices are low this year,
they agreed that it was a good deal.

Still, the farmers, who do not like to be reminded of the federal subsidies
that keep their irrigation system afloat, said they worried about the
precedent they set when they traded water for cash.

"This has to be a temporary deal," said Tom Flynt, 52, who normally farms 900
acres but has taken 150 acres out of production because of the buyout. "If
anybody thought this would affect their water rights, there would be no
takers."

Several farmers said they did not like the idea of their water supporting the
lifestyles of urban people, especially Californians, who, those who were
interviewed said, do not appreciate the food that the farmers put on their
table.

"We feel that Americans are making decisions with their mouths full," said
Tricia C. Lubach, a marketing consultant whose husband is an irrigation
farmer. "Not too long ago they didn't worry about where the power comes from.
Someday they may think about where the food comes from."

A `Wonderful Energy Fit'

A couple of hundred miles northwest of George, in a penthouse conference room
that overlooks Vancouver harbor, Mr. Smith, the chairman of British
Columbia's most profitable company, explained in mid- April what a pain it
was selling electricity to Californians.

"People say to me what are you doing selling power to those ungrateful
Californians," he said. It does not help, he added, that the state is behind
on its bills by about $300 million.

Still, neither BC Hydro nor the provincial government can afford to lose
California's money. The utility has become a cash cow for the provincial
budget, which in the last decade has received more than $3.7 billion from BC
Hydro.

"We have a wonderful energy fit," Mr. Smith said, referring to BC Hydro's
power-trading relationship with California, if not to Californians
themselves. "We have oversupply in the summer when they have got high demand,
and we have got undersupply in the winter when they have got stuff to give to
us."

BC Hydro has acknowledged that it massages its hydropower system to sell
power when it is most needed  and most expensive  in California. The
utility closes the faucets on its dams at night during the summer, storing
water while meeting local electricity needs with cheap off-peak power brought
from across the West. In the morning, when prices peak, it opens the faucets
and zaps electricity off to California.

"We spill water during the day," Mr. Smith said. "Why? Is it because we can
make more money? No. It's because that is when everybody wants electricity,
for God's sake."

Questions about profit gouging on the part of dam-dependent utilities in the
Northwest may soon be moot. Drought has reduced the Columbia River runoff so
far this year to about half of what is considered normal.

The shortfall dovetails with higher costs for natural-gas-fired power plants
and a growing gap on the West Coast between demand for electricity and
capacity to generate it.

"Absent being successful in getting loads down, we could be looking at
quadrupling of the power rates," said Paul Norman, head of power operations
at the Bonneville Power Administration.

Unless conservation increases or the drought eases, Mr. Norman warned that by
late summer, the Northwest's era of cheap power could come to a sudden and
painfully expensive end.

Copyright 2001 The New York Times Company


.25 is still ok for this quote


Hello fellow team members.

So I have recruited all of you to help out in the Enron Elves program. The
program is designed to help raise funds to buy gifts for a family and
currently, we (West Desk) has sponsored three families. Our family has two
kids with a single parent (mother). There is an 11-year old daughter and
8-year old son.

I hope that everyone will do their best to help out. We basically need to
raise money by asking people we know and even companies that some of you
might have ties with and then we go shopping and finally wrap the presents
and deliver them to the family.

The money should be in by Friday December 15th and the gift wrapping is
scheduled for Tuesday December 19th. We will go shopping for the gifts in
between then.

We need to keep track of the amount of the donation, name and address of the
person that donated so that they are able to use the donation as a tax
deduction.  If you have any other questions or ideas about gifts or raising
money, feel free to stop by my desk or email me.

Happy Thanksgiving and let's go raise some money.

Jeffrey Oh


FYI
---------------------- Forwarded by Shelley Corman/ET&S/Enron on 05/12/2000
10:58 AM ---------------------------

Shelley Corman
05/10/2000 12:45 PM
To: Jeff Brown/HOU/EES@EES
cc:
Subject: Electronic Version of EEI Presentation

Here is a copy of a draft presentation for Stan for the EEI meeting next
week.


Drafts were given to Dan Hyvl.   I do not know to  whom he sent  them to.

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


The following are summaries of legislation that we worked on this year:

AB995/SB1194
In their original form these bills would have:
Codified existing utility responsibilties for the distribution grid without
ensuring ecquivalent protection for customers' existing rights to
interconnect their own facilities to the distribution grid and to invest in
cost effective facilities that they allowed to build and use today
Limited the CPUC's pending rulemaking on dg and dc before there was adequate
discussion of the important and controversial policy issues
Borrowed language from 1890, reciting only the language which supports
utility control of the dg while omitting the portions that state customers
and competitors should have open and comparable access to the dg
provided no mechanism to ensure increased reliability for electric consumers
Included an inaccurate "laundry list" description of all the things that
utilities and ESP's shall continue to be responsible for

All of the above was iriginally drafted in language expanding the utilities'
rights and franchise authority, and provided greater certainty of cost
recovery in situations where the utilities have traditionally borne
significant risk

As amended, the bill only codified the CPUC's existing jurisdction and the
utilities' existing tole as to facilities owned by the utilities, and
included numerous restrictive clauses to prevent expansive interpretation of
the statute in favor of the utilities

AB2290

This bill would have done the following:
capped electric rates in San Diego at the same level required under 1890
which would have created as much as $1 billion in undercollection
provided that the same customers who recive the benefits of the rate cap
today may not necessarily have to pay back the undercollection, thereby
promoting cost shifting.
limited the CPUC to implementings steps which allow the utility to fix the
wholesale markets problem without prividing similar opportunites to non
utilities
required the CPUC to petition FERC to find that wholesale rates from this
summer were not just and reasonable and to seek means to force power
marketers and generators to disgorge excessive profits

AB265

This bill which became the final vehicle contained a simplified version of
AB2290, but patterned on the Wood decision

Enron helped dissuade the authors from accepting the following amendmants
provided that the rate cap would ahve applied to all customers of all three
utilities
Provided that all classes of customers be included in the bill
provided that it would be a freeze and not a rate cap
we advocated for a reduced term to the cap and it was reduced to two years,
as opposed to the original proposal for 3-4 years

AB970

Enron helped make the following amendments to the bill

Labor and environmental interests sought to include stricter definitions
related to air quality under the federal act and to limit the operations of
peaking plants to stage II alert situations.  These were deleted from the bill
Labor sought to include rate regulations of the output of expedited peaking
plants.  This provision did not make it into the bill
Renewable providers sought a cleanest first processing priority of all CEC
applications..this was deleted
The Electricity Oversight Boars was irignally designated as the entity with
whom peaking plants had to contract with.  This was amended to give the EOB
only consultive authority to contact the ISO regarding peaking agreements and
with the CPUC regarding interconnection issues
A limit of 500 hours of operation per year was deleted from the bill
Language drafted by Enron was inserted to clarify that local gov had to
sibmit final comments/determinations within 100 days of filing an expidited
peaking application
Language clarifing that an expedited peaking platn could be taken out of
service in lieu of converting to a combined cycle plant after three years was
taken at our request
language regarding the recovery of transmission upgrade or expansion project
costs was clairified to ensure that no transmission related costs were
included in utility distrbution rates
We kept the bill to be voluntary, in lieu of existing processes

SCE/PGE proposal

Lobbied against their legislative proposal which would have extended the rate
freeze and continued CTC collection indefinitely.  The proposal would have
also provided a mechanism to recoup increased wholesale costs for electricity
which exceeded the frozen rate charged to customoers.  We were successful in
keeping them from finding an author

SB1622

Helped defeat a bill that would have authorized the CEC to develop
regulations, retroactively, relating to power plant siting and environmental
justice

SB1345

Enron sought and obtained deletion of provisions which would have restricted
dg plants from obtaining improved interconnection or standby service unless
they were prohibited from selling power off-site.  The bill merely limited
the funding of state grants to DG projects which do not sell off site.


Please take a look at deal 372088.  Its a new deal that starts Sep 1st and it
was entered in sitara on Aug 21st.  I changed the counterparty from CES to
New Power.


I didn't want this just popping up on your screen.

So far it's just getting worse!!!  I've already been up there three times
today and of course each extra trip lowers the P&L.  He must think I'm the
biggest idiot in the world.  I'm going to have to change my name to get
another job after he fires me.  When he saw me standing outside his office
this last time he just spread his hands like what could possible be wrong
now!!

If you want to make a lot of money and are willing to take this job back
now's your chance.  I think John would pay you $100,000 to take back over.

Talk to ya later,
Robin


the lust boat  will be exciting and new


I won't do anything about this until you reach a consensus.

Kay

Fred Mitro@ECT
01/03/2001 06:48 PM
To: Kay Mann/Corp/Enron@Enron
cc: Ben Jacoby/HOU/ECT@ECT, Rebecca Walker/NA/Enron@Enron, Chris
Booth/NA/Enron@Enron

Subject: Exhibits - changes

Through my discussions with Rebecca I have discovered the following:

1.  Regarding the transformer, the contract counterparty is "ABB Power T & D
Company"

2.  The purchase price of the transformer ($786,000) was taken from the WLB
financing book and does not include any of the capitalized interest charges
or option payment (total $56,803) allocation that Global Finance has included
in the calculation of the Payoff #.  The full cost of the transformer would
be $842,803.

3.  The purchase price of each turbine ($14,072,000) was calculated as an
average cost based upon a spreadsheet provided by GE.  This price does not
include the $280,000 in change order costs allocated to each machine.  The
full cost of each turbine should be $14,352,000.  The $280K in change order
was picked up in the original payoff # prepared by Global Finance.

Ben has not yet reviewed any of the values in 2 or 3 above or the current
payoff # determined by Global Finance.  I will talk with him first thing in
the morning.  We will call you to confirm the correctness of these values.

Fred


TDS Stage is back up. The aggregators will be off, because they were never shut down, but otherwise everything should be fine.

Mike Swaim
Michael.Swaim@enron.com
Disclaimer: Yeah, like I speak for Enron.


Stella,
It is very important  that King Ranch is accurately scheduled in the
system.   Sitara should be updated
with any changes so that Daren can properly manage the Texas Desk position.
Hopefully we have moved
enough off of your desk to allow  you to concentrate on King Ranch.  Too many
discrepancies have been made
and it is very costly to the desk.    Robert can assist if needed.
Thanks,    Pat


I have a call into Kevin to see what number of users they were using for their desktop support.  $32K per person is a little much!.   cvb

 -----Original Message-----
From: 	Geaccone, Tracy
Sent:	Wednesday, October 24, 2001 9:11 AM
To:	Barnes, Caroline
Subject:	FW: FW: 2002 Plan Assessments as of 10/19/01 for EREC

Can you help me with this?

 -----Original Message-----
From: 	Michael Anderson/HOU/AZURIX@AZURIX@ENRON   On Behalf Of Michael Anderson/HOU/AZURIX@ENRON
Sent:	Tuesday, October 23, 2001 7:52 PM
To:	Geaccone, Tracy
Subject:	Re: FW: 2002 Plan Assessments as of 10/19/01 for EREC

Tracy-

I need some help on what this is.  Admittedly, it's only $117k, but we only have 3 employees, and will likely have less next year.  Can we discuss?

Michael

	Tracy Geaccone/ENRON@enronXgate 10/22/01 09:48 AM 	   To: Mary Botello/ENRON@enronXgate, Tod A Lindholm/ENRON@enronXgate, Agatha B Tran/ENRON@enronXgate, Erin Copeland/ENRON@enronXgate, Michael Anderson/HOU/AZURIX@AZURIX, Jim Barnes/ENRON@enronxgate, Valerie Giles/ENRON@enronxgate  cc:   Subject: FW: 2002 Plan Assessments as of 10/19/01 for EREC

 -----Original Message-----
From: 	Yparraguirre, Jay
Sent:	Friday, October 19, 2001 10:21 PM
To:	Geaccone, Tracy; Pritt, Deborah; Lambert, Chris
Subject:	2002 Plan Assessments as of 10/19/01 for EREC

Attached is the updated version of the 2002 plan assessments from Enron Net Works (ENW) for your business unit.  We are sending revisions due to several changes, including increases in Corporate and other business unit allocations, and reductions in ENW expenditures.

This intercompany billing invoice now includes pass throughs and capital for your information.  Consistent with 2001, pass through billings (long distance, market data, WAN, etc.) will not be included in the standard assessments ("8xxxxxxx" accounts).  They will be posted directly to direct expenses ("52502000" accounts) at the cost center level.  This pass through number is only a high level place holder and is not intended to replace the dollars already being budgeted for by each cost center owner.

If you have any questions, you can contact Kevin May at x52508 and he will answer any questions or direct you to the correct person.

If you are not the correct person to receive these assessments or if there is someone else that you would like to include in this process, please reply back to me with this information and I will add them to the contact list for future correspondence.

Thanks,

Jay
x53813

 << File: EREC IC 10-19.xls >>


[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]	[IMAGE]
 [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE]  Tips & Tricks  [IMAGE] [IMAGE] [IMAGE]  Palm in the News  [IMAGE] [IMAGE] [IMAGE]  Palm Store Specials  [IMAGE] [IMAGE] [IMAGE]  Insider Scoop  [IMAGE] [IMAGE] [IMAGE]  User Stories  [IMAGE] [IMAGE] [IMAGE]  Top Solutions  [IMAGE] [IMAGE] [IMAGE] 	[IMAGE]						    [IMAGE]  [IMAGE] [IMAGE] [IMAGE] [IMAGE]  [IMAGE] [IMAGE] [IMAGE] [IMAGE]  [IMAGE]Palm Store  [IMAGE]  [IMAGE]  Volume 3 Tuesday November 20, 2001   Dear Chris,   This issue is a horn of plenty...of Palm that is. You'll find info about Scribble's  Chameleon Hard Case and Documents To Go
, a terrific Palm Store Special to kick off  your holiday shopping, and a duo of user stories.    Fall is here and that means Fall Comdex.  Palm will be there in full regalia. Drop by our  booth to purchase the latest Palm? handhelds and accessories at the Palm Store. Buy  them on site or online at the show!    Still haven't signed up for InSync Online?  With InSync Online you get to pick the info Palm  sends you.  It only takes a few minutes to create your personal profile.  Sign up now                ?The Palm Inc. Team    [IMAGE]
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OK, so the classes start this week.  The first one will be on what to look
for in a P&L and MiniBench to prove reasonableness.  Will Kelly and I will
present the class.  We have a few items we want to go over, but I think the
most beneficial part will be individual questions.  So bring them if you have
them.  We are have split the entire Risk team into two groups.  Our breakout
is as follows:

 Group1   Group2
 Carole    Jennifer
 Jason    Anne
 Chris

Group 1 will meet this Wednesday @ 11:30am and Group 2 this Thursday @
11:30am.  We will have Chick-Fil-A for lunch.  Thanks.

DG


In addition to the WTO working group, I'd like to be involved in the Market
Structures group.


Folks:

Please note -- with a later start time of 9:30 a.m. -- this week's
Staff meeting & conference call, scheduled as follows:

  *  Start Date/Time:   07/19/01 THU 09:30 AM PDT
  *  Conference Host:   SUE MARA
  *  Dial In Number:   (415)782-7849
  *  On-site Location:  Small Conference Room
        101 Calif. Street - 19th Floor

Thanks,

Joseph Alamo
Sr. Admin. Assistant
Government Affairs - the Americas
San Francisco CA
(415) 782-7841