======================================================
VENTUREWIRE --- Friday, October 27, 2000
======================================================
Private Company Business News
------ Published Daily by Technologic Partners -------
http://technologicpartners.com
======================================================

Top Stories:

o Broadband Provider Altrio Holds First Round for $125 Million
o European Strategic Partners Raises $718.2 Million New Fund
o Reports: Modo Service Closes Weeks After Launch
o Commerx Co-founders Resign, Remain on Board; COO Interim CEO

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DODADS, GADGETS, AND GIZMOS, OH MY!

Our pockets are overflowing with mobile phones, PDAs, and
two-way pagers, and more products -- from Web pads to picture
frames -- come with Internet connections. Consumer Devices,
one of five expert panels at Technology Outlook 2000, will
sort through the clutter to determine which devices have the
best chances of finding mass-market audiences:

Safi Qureshy, Chairman, AudioRamp
Daniel H. Rimer, Partner, The Barksdale Group
Kent Savage, President & CEO, Netpliance
Michael Slater, President, PhotoTablet

Technology Outlook 2000:
The future of pervasive computing
December 4 and 5, San Francisco
http://www.tpsite.com/tp/conf/to2000/?vw=20001026

A VentureWire investment conference.

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Also in This Issue:

New Money:
o News Firm Gannett Buys Stake in Media Company Space.com
o Optical Networking Firm Edgeflow Gets $5.5 Million Round One
o E-Commerce Network eScout.com Raises $25.5 Million Round Two
o Infrastructure Software Firm eQview Has $3 Million Round One
o Online Business Analysis Firm Raises $2.6 Million Round One
o Info Service Traffic.com Secures $45 Million Third Round
o Commercial Property B2B FacilityPro Gets $5 Million Series B
o Gay.com Invests in Italian Gay Portal Gay.it
o Online Bank Service Firm BNKR Raises $1.5 Million Round Two
o Custom CD Provider DigitalSwift Raises Second Round
o Launchworks Invests in Utility Management Firm E2MS
o Semiconductor Materials Firm EpiWorks Adds $1 Million

New Deals:
o Oracle Trades Interactive TV Assets for Stakes in Two Firms
o More Details on Sony and Candescent's $77.5 Million Pact

M&A:
o Red Cube Makes $20 Million Payment to Buy Majority of I-Link
o Credence Systems Buys NewMillennia for $11.3 Million
o Embarcadero Acquires Web Design Firm in $13 Million Deal
o Q&A Firm Answers.com Acquires Real-time Help Firm Knowitall
o Broadband Firm MegaPath Networks Purchases Phoenix Networks
o Digital Video Firm Ligos Buys Digital I/O App Firm Sequoia
o Sega to Acquire Family-Oriented Web Site FamilyWonder
o UConnections.com Acquires Software Developer Alumnipride
o Varimetrix Acquires European Distributor From Encee Systems

New Directors:
o Web App Software Firm Notara Adds Two to Board
o Advent Partner Joins Board of Imaging Firm LightLab
o Optical Firm LiquidLight Announces Board of Directors
o Screen4me Adds President of Consumer Research Firm to Board
o Wireless Tech Firm Altawave Adds Prodigy COO to Board

New People:
o Data Firm eData Names Ex-Andersen Consulting Exec as CEO
o Telco Services Firm Zenfinity Names New CEO and Director

VC Fund News:
o Advent Venture Partners' New Fund Raises $232 Million
o Village Ventures Launches Nashville Fund

VC Personnel:
o VS&A Communications Partners Names New Principal

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Computers in our pockets, our cars, our kitchens, our showers?

When it happens, there's little doubt that IBM and Intel will
have had something to do with it. Come hear what these industry
powerhouses are doing in this field from Claude Leglise,
VP of the Intel Architecture Group & GM of Intel's Home Products
Group, and from Michel Mayer, GM of Pervasive Computing at IBM at:

Technology Outlook 2000:
The future of pervasive computing
December 4 and 5, San Francisco
http://www.tpsite.com/tp/conf/to2000/?vw=20001026
A VentureWire investment conference.

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======= Top Stories =======

o Broadband Provider Altrio Holds First Round for $125 Million

GLENDALE, Calif. -- Altrio Communications, a provider
of broadband communications, said it raised $125
million in its first round of funding. Bessemer
Holdings and Frontenac co-led the round, which included
Bank of America Capital Investors; Grove Street
Advisors; RBC Partners, the private equity unit
of Royal Bank Financial Group; Soros Private Equity
Partners; and SSB Capital Partners, the private
investment unit of Salomon Smith Barney. Adam Godfey
and Ed Park of Bessemer Holdings, James E. Crawford
III and Walter C. Florence of Frontenac, and representatives
of Soros Private Equity and SSB Capital Partners
will join the company's board of directors. The
company will use the funding to build its broadband
communications network in the Los Angeles area.
http://www.altrio.net/
_____________________________________________

o European Strategic Partners Raises $718.2 Million New Fund

EDINBURGH, Scotland -- Standard Life Investments,
a U.K. mutual investment company, said it completed
the final closing of its new private equity fund,
European Strategic Partners. The total commitments
to the fund are now EUR 868 million ($718.2 million)
from 40 investors in 12 countries. A third of the
capital raised for the fund has already been committed
to investments in 13 funds and 6 direct transactions.
The fund will focus on the mid-market-buyout and
the telecommunications and technology investment
sectors. The fund is split 60% to 40% between investments
in other funds and direct investment in companies.
Telephone +44-131-245-5593.
_____________________________________________

o Reports: Modo Service Closes Weeks After Launch

NEW YORK -- Scout Electromedia, developer of a wireless
handheld device and urban guide service, has closed
down, according to multiple reports. Scout, which
launched its Modo service last month with an extensive
ad campaign, ceased operations after failing to
secure additional funding, according to the reports.
The company raised $18 million in May from idealab,
Chase Capital Partners, Flatiron Partners, and TechFund
Capital. Scout's corporate Web site, and the Modo
site were both inaccessible today.
_____________________________________________

o Commerx Co-founders Resign, Remain on Board; COO Interim CEO

CHICAGO -- Commerx, which develops and operates
electronic business networks, said its board of
directors has accepted the resignations of co-founders
Tim Stojka, chairman and CEO, and Nick Stojka, executive
vice president. Both will retain their seats on
the board of directors. Tim Stojka will continue
to serve as chairman of the board. Commerx named
COO Jeff Garwood as interim chief executive officer.
Last week, Mr. Garwood announced his intention to
resign as Commerx COO for a chief executive position
with another company. He has agreed to remain at
Commerx through a transitionary period. Commerx's
electronic business networks enable manufacturing
companies and their trading partners to optimize
their supply chains. The company's investors include
Capital Research and Management, divine interVentures,
MC Capital, Mitsui & Co., Palantir Associates, Pivotal
Asset Management, Ashland Distribution, Eastman
Chemical, EP Partners, Huntsman, Mitsubishi International,
MSC Industrial Direct, H. Nuehlstein & Co., Internet
Capital Group, and individual investors.
http://www.commerx.com/

======= New Money =======

o News Firm Gannett Buys Stake in Media Company Space.com

NEW YORK -- News and information company Gannett
said it took an equity stake in Space.com, a media
company dedicated to outer space and space related
content. The equity exchange is part of a strategic
partnership between the two companies. Space.com
has acquired Space News newspaper and other media
properties of Gannett. Gannett will invest an undisclosed
amount of cash and provide services for Space.com.
Earlier this month, Space.com laid off 22 of its
108 employees. Space.com is backed by Blue Chip
Venture, Greylock, NBC, PaineWebber, SpaceVest,
Venrock Associates, and individuals.
http://www.space.com/
_____________________________________________

o Optical Networking Firm Edgeflow Gets $5.5 Million Round One

KANATA, Ontario -- Edgeflow, a developer of optical
networking services to the carrier and enterprise
markets, said it raised $5.5 million in its first
round from Sierra Ventures and Venture Coaches.
The company will use the funds to continue development
of its technology.
http://www.edgeflow.com/
_____________________________________________

o E-Commerce Network eScout.com Raises $25.5 Million Round Two

LEE'S SUMMIT, Mo. -- eScout.com, a Web-based Internet
commerce and business network for independent businesses
and banks, said it raised $25.5 million in its second
round of financing. New investors include Allfirst
Financial, Citizens Financial Group, Golden State
Bancorp, Marquette Bancshares, Texas Financial Bancorp,
and Utilicorp Communications Services. First round
investors including Mayfield Fund, Oak Hill Venture
Partners, Tarrant Venture Partners, A.G. Edwards
Capital, and Commerce One also participated this
round. The company will use the funds to accelerate
the integration of its online service, eScout MarketPlace,
into the back-end, legacy applications at its partner
banks. EScout has raised $54 million to date.
http://www.escout.com/
_____________________________________________

o Infrastructure Software Firm eQview Has $3 Million Round One

ATLANTA -- eQview, which provides enterprise infrastructure
software that enables companies  to do business
electronically, said it has raised $3 million in
first round of funding from Cordova Ventures and
individual investors. eQview said it will use the
funding to develop its product, and for sales and
marketing. The company plans to seek up to $20 million
in additional funding early next year.
http://www.eqview.com/
_____________________________________________

o Online Business Analysis Firm Raises $2.6 Million Round One

LONDON -- IntelligentApps,which provides online
analytical processing services, raised GBP 1.8 million
($2.6 million) in its first round of funding. The
round was led by publicly-traded UK incubation firm
NewMedia Spark and a consortium of individual investors.
Among the individuals to invest in the company was
Geoff Squire, founding managing director of Oracle
UK and later executive vice president for Oracle.
The company's technology was developed exclusively
for the new Microsoft.net platform. The company
said it will use the funding for business development.
IntelligentApps also owns Knosys, which provides
a front-end analytical application platform.
http://www.intelligentapps.com/
_____________________________________________

o Info Service Traffic.com Secures $45 Million Third Round

WAYNE, Pa. -- Traffic.com, which provides traffic
information services, said it raised $45 million
in its third round of funding. New investor Baker
Capital led the round, which included other new
investors DVCRF Ventures, Hearst Interactive Media,
and PNC Financial Service's Group unit VentureBank@PNC.
Previous investors Bessemer Venture Partners and
TL Ventures also participated in this round. Baker
Capital partner Larry Bettino will join the company's
board of directors. The company will use the funding
to launch its operations and expand its data center.
Traffic.com provides prediction services and real-time
traffic news. The company has also received backing
from Internet Capital Group and Pennsylvania Early
Stage Partners.
http://www.traffic.com/
_____________________________________________

o Commercial Property B2B FacilityPro Gets $5 Million Series B

ATLANTA -- FacilityPro.com, a business-to-business
electronic marketplace for commercial property owners,
managers and suppliers, said it has secured $5 million
in its Series B round of funding from First Union
Capital Partners. The funding brings the total of
the company's Series B financing to $40 million.
The round included Constellation Real Technologies
and previous investor Austin Ventures. The company
said it will use the funds to enhance and expand
the capabilities of its online marketplace and hire
additional consulting and operating personnel. FacilityPro
has also received funding from Encompass Services.
http://www.facilitypro.com/
_____________________________________________

o Gay.com Invests in Italian Gay Portal Gay.it

SAN FRANCISCO -- Gay.com, a provider of products
and services for gay men and women, said it made
a strategic investment in Gay.it, a gay and lesbian
portal based in Italy. Gay.com said the investment
is part of its ongoing global expansion. The company
acquired France-based Ooups.com, and launched news
sites aimed at the gay community in the U.K. and
Latin America. Gay.com is backed by Chase Capital
Partners, Flatiron Partners, Baroda Ventures, Macluan
Digital, Jesse.Hansen.CoVe, and IDG Ventures.
http://www.gay.com/
http://www.gay.it/
_____________________________________________

o Online Bank Service Firm BNKR Raises $1.5 Million Round Two

BUFFALO, N.Y. -- Rand Capital said it made a second
investment in BNKR, which provides online banking
capabilities to banks and credit unions. The return
investment, a bridge loan of $200,000, is part of
BNKR's $1.5 million second round. Minneapolis-based
BNKR is also backed by Softbank affiliate Seed Capital
Partners. BNKR provides banking marketing and application
services.
http://www.bnkr.com/
_____________________________________________

o Custom CD Provider DigitalSwift Raises Second Round

ATLANTA -- DigitalSwift, a producer of custom CDs
via its SwiftCD.com division, said it raised an
undisclosed amount of second round funding. The
round was led by Universal Investment & Manufacturing
Co., whose  chairman Hisham Araim will take a new
seat on the board as a result of the investment.
Financial consultant Gregory N. Gallagher also
joined the board but is not an investor. The company
will use the funds to expand its Atlanta office.
http://www.swiftcd.com/
_____________________________________________

o Launchworks Invests in Utility Management Firm E2MS

TORONTO -- Launchworks, which provides early stage
capital to software and technology companies, said
it invested $2 million in E2MS, which provides software
and services that enables users to manage their
gas, electrical, and water utility services. E2MS,
which is also based here, will use the funds for
marketing and expansion.
http://www.launchworks.com/
http://www.e2ms.com/
_____________________________________________

o Semiconductor Materials Firm EpiWorks Adds $1 Million

CHAMPAIGN, Ill. -- EpiWorks, which develops and
manufacturers compound semiconductor materials,
said it has secured an additional $1 million in
its Series C funding from previous investor Open
Prairie Ventures.  The investment follows an earlier
investment of $1.5 million by Open Prairie in March.
The funds will support hiring.
http://www.epiworks.com/

======= New Deals =======

o Oracle Trades Interactive TV Assets for Stakes in Two Firms

REDWOOD SHORES, Calif. -- nCube, which provides
media streaming infrastructure, said database giant
Oracle sold assets of its interactive television
unit to nCube and broadband network service provider
Thirdspace Living in exchange for minority equity
stakes in both companies. Financial terms of the
deals were undisclosed. Under the terms of the agreement,
nCube and Thirdspace will jointly own the intellectual
property of Oracle's interactive TV video server
technology. The three companies will also work together
to develop interactive TV products and services.
Publicly traded broadband access provider Alcatel
also invested its interactive TV intellectual property
and cash for a minority stake in Thirdspace. nCube
is backed by Oracle CEO Larry Ellison and other
institutional and individual investors.
http://www.ncube.com/
http://www.oracle.com/
_____________________________________________

o More Details on Sony and Candescent's $77.5 Million Pact

TOKYO -- Flat panel display developer Candescent
Technologies and Sony released details of their
previously reported agreement to develop high voltage
field emission display technology. Sony will pay
a total of $77.5 million as a result of the agreement.
Sony will invest $27.5 million in Candescent for
an equity stake and will pay $50 million to license
Candescent's technology. Additional funding will
come from both companies over the life of their
joint development agreement. Candescent has raised
over $410 million from corporate, government, institutional,
and venture capital sources.
http://www.candescent.com/
http://www.world.sony.com/

======= M&A =======

o Red Cube Makes $20 Million Payment to Buy Majority of I-Link

ZURICH, Switzerland -- Red Cube International, a
provider of Internet Protocol (IP) and Web-based
communications services, said it is has made a first
payment of $20 million in cash under its agreement
to acquire a majority interest in publicly-traded
I-Link, a provider of enhanced voice/data services.
As part of its securities agreement to acquire
all I-Link securities held by Winter Harbor, a Marriott
holding company, Red Cube will make an additional
cash payment of $15 million to complete the first
closing of the transaction within the fourth quarter
of 2000. A second closing involving payment by Red
Cube of $25 million in cash is expected to be completed
within the first quarter of 2001. Under the terms
of the transaction, Red Cube agreed to pay Winter
Harbor a total of $60 million in cash and $20 million
in long-term, Red Cube share options in return for
its majority interest in I-Link. Red Cube is backed
by Rafaello Private Equity Investment, Credit Suisse
Asset Management, Banc Pictet & Cie, and Swiss Re
Investors in Europe.
http://www.i-link.com/
http://www.redcube.com/
_____________________________________________

o Credence Systems Buys NewMillennia for $11.3 Million

FREMONT, Calif. -- Credence Systems, a publicly-traded
company that manufacturers automatic test equipment
for the semiconductor industry, said it is acquiring
NewMillennia Solutions (NMS), a provider of test
strategies and products, for approximately $11.3
million. The purchase price includes $4 million
that Credence provided as part of NewMillennia's
Series A round in August. Before the acquisition,
Credence held a 19.8% interest in NMS. Jim Ellis,
founder, president and chief executive officer of
NMS will become vice president and general manager
of the NMS Division of Credence Systems.
http://www.credence.com/
http://www.moduletest.com/
_____________________________________________

o Embarcadero Acquires Web Design Firm in $13 Million Deal

SAN FRANCISCO -- Embarcadero Technologies, a publicly-traded
provider of database lifecycle management software,
said it acquired Advanced Software Technologies
for $13 million in cash. Advanced Software Technologies
develops software that designs, maintains, and re-engineers
Java, C++, IDL and component-based applications.
The company's 40 employees and CEO Greg Schottland
will remain with the company in Colorado. Mr. Schottland's
position is yet to be decided. Advanced Software
Technologies is funded by Draper Fisher Jurvetson,
Gateway Associates, Wasatch Venture Fund, and Zone
Ventures.
http://www.embarcadero.com/
http://www.advancedsw.com/
_____________________________________________

o Q&A Firm Answers.com Acquires Real-time Help Firm Knowitall

PASADENA, Calif. -- Answers.com, a provider self-service
question and answer technology, said it acquired
Austin, Texas-based Knowitall.com, which provides
real-time communication and collaboration products,
for an undisclosed amount. Dewey Gaedcke, Knowitall's
interim chief executive officer, will step down
to focus on his position as president of Complete
Data Solutions. Carl Samos, chief technology officer,
and Lance McInnes, vice president of corporate development,
will remain in their current positions with the
new company. Knowitall's offices in Austin will
remain as a sales and development office for Web-enabled
customer interactive technology. Answers.com is
backed by idealab! Knowitall is backed by Crest
Financial, G51, and individual investors.
http://www.answers.com/
http://www.knowitall.com/
_____________________________________________

o Broadband Firm MegaPath Networks Purchases Phoenix Networks

PLEASANTON, Calif. -- MegaPath Networks, a national
broadband services provider, said it has purchased
Phoenix Networks, also a broadband services provider.
Under the terms of the deal, MegaPath purchased
the assets of Phoenix Networks in exchange for MegaPath
stock. Phoenix Networks president and CEO, Dan Foster,
will become MegaPath's chief marketing and sales
officer. The companies plan to merge operations
and administrative functions over the next 60 days.
Phoenix DSL business customers will be immediately
switched to MegaPath's systems and customer service.
The company will maintain a St. Louis presence.
MegaPath Networks' investors include Trident Capital
and U.S. Venture Partners.  Phoenix Networks is
backed by individual investors.
http://www.megapath.net/
http://www.phoenixnetworks.net/
_____________________________________________

o Digital Video Firm Ligos Buys Digital I/O App Firm Sequoia

SAN FRANCISCO -- Ligos Technology, a developer of
media stream management software, said it acquired
Sequoia Advanced Technologies, a supplier of digital
input/output (I/O) software and digital storage
technology. Terms of the deal were undisclosed.
Sequoia's staff will remain with the company and
Sequoia co-founders and acting CEOs Rick Tewel and
Tore Slotseldt will stay as part of the management
team. Ligos is funded by Mercantile Capital Partners,
Intel Capital, Lakeland Capital, Thomas Weisel Partners,
Nomura Technology Fund, Oscar Capital New Ventures
Fund, Permal Capital Management, and Westbury Equity
Partners. Sequoia is self-funded. Telephone 415-249-0100.
http://www.ligos.com/
_____________________________________________

o Sega to Acquire Family-Oriented Web Site FamilyWonder

TOKYO -- Digital entertainment media giant Sega
Group said it is in negotiations to acquire a 100%
stake in FamilyWonder, an online retailer of children's
products and a provider of family-oriented consumer
information. Further financial deals were undisclosed.
The company's Web site, current staff, and assets
will be managed by Sega as a result of the acquisition.
FamilyWonder's chief executive officer Charlie Baker
will remain with the company. FamilyWonder is backed
by MeriTech Capital Partners, RRE Ventures, Accel
Partners, and U.S. Venture Partners.
http://www.familywonder.com/
_____________________________________________

o UConnections.com Acquires Software Developer Alumnipride

NEW YORK -- UConnections.com, an online resource
for e-commerce and information tailored to local
campus communities, said it has acquired Alumnipride,
a software provider for national college and university
alumni associations, for an undisclosed amount.
UConnections.com has established a new division,
University Services, to support development and
sales of Alumnipride's Web site software. Alumnipride's
founder, David Landau, will become executive vice
president, corporate development for Uconnections.com.
Alumnipride is also launching a new software product
for national alumni associations that builds, hosts
and maintains Web sites for their organizations.
AlumniPride's staff has moved into the Uconnections.com's
New York offices. Uconnections.com is backed by
Allen & Company  and KnowledgeCube. AlumniPride
is backed by Seneca Ventures, Woodland Venture Fund,
Dalewood Associates, the principals of Wheatley
Partners, and the founders of Cheyenne Software.
http://www.alumnipride.com/
http://www.uconnections.com/
_____________________________________________

o Varimetrix Acquires European Distributor From Encee Systems

PALM BAY, Fla. -- Varimetrix, a developer of CAD/CAM
technology for engineering and manufacturing industries,
said it acquired its European distributor from Encee
Systems for an undisclosed amount and opened a distribution
site in Tokyo. The new European division will be
staffed by Varimetrix personnel and will support
existing partners in the U.K., Germany, Italy, Switzerland,
Portugal, and Turkey. The Asian distributor is being
established by the company's investor Shin Nippon
Koki (SNK). Former SNK president Hizakasu Yamaguchi
will serve as president of the Asian distributor.
Varimetrix is backed by SNK and Samsung.
http://www.vx.com/
http://www.encee.com/

======= New Directors =======

o Web App Software Firm Notara Adds Two to Board

NEW YORK -- Notara, a Web application software company,
said it has appointed Neil Austrian, the chairman
of iWon.com and former president and chief operating
officer of NFL, to its board of directors. Mark
Dowley, the president of the marketing communications
group of McCann-Erikson WorldGroup and chairman
and chief operating officer of Momentum Worldwide
has also taken a seat on the board, Notara said.
Notara is backed by Hummer Winbald Venture Partners,
RRE Ventures, Bessemer Venture Partners, Nassau
Capital, Sumitomo Corp, and the UK-based Prot,g,
Group.
http://www.notara.com/
_____________________________________________

o Advent Partner Joins Board of Imaging Firm LightLab

WESTFORD, Mass. -- LightLab Imaging, a developer
of optical coherence tomography systems for imaging
applications, said it appointed William C. Mills
III to its board of directors. Mr. Mills is a partner
at investment firm Advent International, where he
focuses on biotech investments. LightLab is backed
by German-based optics company Calzeiss.
http://www.lightlabimaging.com/
_____________________________________________

o Optical Firm LiquidLight Announces Board of Directors

ATLANTA -- LiquidLight, a developer of optical networking
technology, said it named the members of its board
of directors.  Appointees include Morgan M. Jones,
General Partner with Battery Ventures; Fahri Diner,
president, CEO and founder of Qtera, a wholly-owned
subsidiary of Nortel Networks; Jim Orlando, principal
with Battery Ventures; TC Nie, founder, CEO, and
president of LiquidLight; and Scott Hardin, LiquidLight
co-founder and vice president of marketing and sales.
The company is backed by Battery Ventures and Dominion
Ventures.
http://www.liquidlightinc.com/
_____________________________________________

o Screen4me Adds President of Consumer Research Firm to Board

ATLANTA -- Screen4me, a provider of privacy and
permission tools and services that allow consumers
to control the marketing materials they receive,
said it named J. Walker Smith to its board of directors.
Mr. Smith is president of Yankelovich Partners,
a market research firm.  Screen4me's investors include
Robinson-Humphrey Company, Intelligent Systems and
individuals from Brann RMG, Yankelovich Partners,
Siebel Systems, Boston Consulting Group, and Holland
& Knight.
http://www.screen4me.com/
_____________________________________________

o Wireless Tech Firm Altawave Adds Prodigy COO to Board

FREMONT, Calif. -- Wireless infrastructure builder
Altawave said it appointed Gregory G. Williams to
its board of directors. Mr. Williams is the chief
operating officer at Prodigy Communications. Mr.
Williams is also chairman of the Wireless Application
Protocol (WAP) Forum board of directors. Altawave
is backed by New Millennium Partners and Clarity
Capital.
http://www.altawave.com/

======= New People =======

o Data Firm eData Names Ex-Andersen Consulting Exec as CEO

BOCA RATON, Fla. -- EData, a provider of Internet-accessable
data management services, said it has appointed
former managing partner and founder of Andersen
Consulting's CRM practice Dale Renner as its first
chief executive office. Founder Hank Asher will
remain on the eData board as founder and will continue
to work on product design and technology. EData
is funded by individual investors.
http://www.edata.com/
_____________________________________________

o Telco Services Firm Zenfinity Names New CEO and Director

ISELIN, N.J. -- Zenfinity, a provider of infrastructure
services for telecommunications service providers,
said it appointed Paul Shaneck as CEO and a director
of the company. Mr. Shaneck , a former IBM executive,
replaces Paras Shah, who provided the seed funding
to launch Zenfinity and is now a member of its advisory
board. The company's backers include Comstellar
Technologies.
http://www.zenfinityinc.com/

======= VC Fund News =======

o Advent Venture Partners' New Fund Raises $232 Million

LONDON -- Advent Venture Partners, a U.K.-based
venture capital firm, said it has held a first closing
of GBP 162 million ($232 million) for its new fund,
Advent Private Equity Fund III. The fund is targeted
at $375 million dollars, but the firm said it could
raise up to $450 million. In line with Advent's
investment strategy, the new fund will focus on
investing between $5 million and $15 million in
emerging growth technology companies in typically
second round financings, with some pre-IPO and startup
investments as well. The fund focuses primarily
on investments in the United Kingdom and, to a lesser
extent, other European Union countries and the United
States. Since it was formed in 1981, Advent Venture
Partners has raised $602 million, and invested in
160 companies.
http://www.adventventures.com/
_____________________________________________

o Village Ventures Launches Nashville Fund

WILLIAMSTOWN, Mass. -- Village Ventures, which manages
a network of early-stage venture capital funds,
said it is organizing a fund in Nashville, Tenn.
The Nashville fund will be managed by Tuff Yen,
a former partner with Hambrecht & Quist. The fund,
which has yet to be named, will focus on early to
mid-stage companies located in the Southeast. With
the new fund, the Village Ventures network of funds
now totals nine, with a typical fund size of between
$10 million and $15 million.
http://www.villageventures.com/

======= VC Personnel =======

o VS&A Communications Partners Names New Principal

NEW YORK -- VS&A Communications Partners III, an
equity affiliate of media merchant bank Veronis
Suhler, said it has named George Coles as a principal.
Mr. Cole was most recently the managing director
of First Union Securities' media and entertainment
investment banking group. At VS&A, he will report
to Jeffrey T. Stevenson, partner at Veronis Suhler,
and president and managing  general partner of VS&A
Communications Partners. VS&A's has18 companies
in its Funds I and II, and has made more than 80
add-on acquisitions.
http://www.veronissuhler.com/

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CHANGING SUPPLY CHAINS

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For a full agenda, and to register:
http://tpsite.com/tp/conf/ho2000/?vw=20001026

|||||||||||||||||||||||||||||||||||||||||||||||||||||||

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Will you please do it, Colin?  Ken is in Japan.

Rosie

Colin Skellett@AZURIX
10/31/2000 10:59 AM
Sent by: Lisa Hobbs@AZURIX
To: Kenneth Lay/Corp/Enron@ENRON
cc:
Subject: Re: Duchess of Northumbria's request

Rosie

Thanks for the message.  Does Ken want me to contact the Duchess or will he?

Colin

Kenneth Lay @ ENRON on 31/10/2000 13:48:05
Sent by: Rosalee Fleming@ENRON
To: Colin Skellett/BTH/AZURIX@AZURIX
cc:

Subject: Re: Duchess of Northumbria's request

Hi Colin -

Ken Lay asked me to advise you that this is fine with him.

Rosie

Colin Skellett@AZURIX
10/26/2000 10:20 AM
Sent by: Lisa Hobbs@AZURIX
To: Kenneth Lay/Corp/Enron@ENRON
cc: catriona.ritchie@pcc.org.uk
Subject: Duchess of Northumbria's request

Ken

Thanks for sending me the request from the Duchess of Northumbria for help
with her garden project.  I have discussed this with John Wakeham and our
view is that unless you have any other reason for helping with this, we
should say a polite "no".

The background is summarised on the attached briefing note from Mike O'Neill,
Managing Director of Lurgi Invent.

Alnwick Castle is several hundred miles out of the Wessex region so it really
is difficult to justify any Wessex help.  Lurgi Invent has done a little work
for the Duchess in providing water features for the garden.  However, this
business currently loses o1 million a year so we would be reluctant to see
any sponsorship out of Lurgi Invent.

Given the nature of the project, the approach from the Duchess and the fact
that she can clearly afford to pay for it herself, we really do believe no is
the right answer.

Please let me know if you want any further information or if you want me to
correspond direct with the Duchess.

Best wishes.

Colin


---------------------- Forwarded by Phillip M Love/HOU/ECT on 04/30/2001
11:20 AM ---------------------------
From: Veronica Espinoza/ENRON@enronXgate on 04/30/2001 10:00 AM
To: Janie Aguayo/HOU/ECT@ECT, Diane Anderson/NA/Enron@Enron, Derek
Bailey/Corp/Enron@ENRON, David Baumbach/HOU/ECT@ECT, Jean Bell/HOU/ECT@ECT,
Patricia Boulanger/CAL/ECT@ECT, Bob Bowen/HOU/ECT@ECT, Julie
Brewer/NA/Enron@Enron, Lesli Campbell/ENRON@enronXgate, Celeste
Cisneros/ENRON@enronXgate, Sharon Crawford/CAL/ECT@ECT, Richard
Deming/NA/Enron@Enron, Russell Diamond/ENRON@enronXgate, Cindy
Feldman/CAL/ECT@ECT, Darron C Giron/HOU/ECT@ECT, Veronica
Gonzalez/ENRON@enronXgate, Jeffrey C Gossett/HOU/ECT@ECT, Walter
Guidroz/ENRON@enronXgate, Larry Joe Hunter/HOU/ECT@ECT, Kam
Keiser/HOU/ECT@ECT, Phillip M Love/HOU/ECT@ECT, Errol
McLaughlin/Corp/Enron@ENRON, Nidia Mendoza/ENRON@enronXgate, Tom
Moran/ENRON@enronXgate, Bianca Ornelas/NA/Enron@Enron, Leslie
Reeves/HOU/ECT@ECT, Tanya Rohauer/ENRON@enronXgate, Dianne Seib/CAL/ECT@ECT,
Linda Sietzema/CAL/ECT@ECT, Kim S Theriot/HOU/ECT@ECT, Ellen
Wallumrod/NA/Enron@ENRON, Melinda Whalen/CAL/ECT@ECT, Tiffany
Williams/NA/Enron@Enron
cc:
Subject: Credit Report--4/30/01


You have received this email because you are listed as a security approver.
Please click
http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000009641&Page=
Approval to review and act upon this request.

Request ID          : 000000000009641
Request Create Date : 12/7/00 5:46:29 PM
Requested For       : brian.oxley@enron.com
Resource Name       : EOL US Bandwidth Backoffice/Support
Resource Type       : Applications


Please call before you leave and please send me your contact information when
you have it for your new job.  thanks

Jane Wilson@ENRON_DEVELOPMENT
05/30/2001 07:31 AM
To: Wade Cline/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Neil
McGregor/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Steven J Kean/NA/Enron@Enron
cc: Richard Shapiro@Enron, Sue Nord@Enron, Anthony Duenner@ENRON
COMMUNICATIONS, Rebecca McDonald/Enron@EnronXGate, Sandip
Malik/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Bob Sparger/Corp/Enron@Enron,
Scott Gilchrist/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: Notice

After almost 13 years with Enron, I've decided to pursue other opportunities
outside of the company.  While the problems in India remain challenging and I
have enjoyed my tenure here, the job I've been offered is really too good to
pass up.  Thus, please consider this e:mail as formal notice of my intention
to resign from the company, effective close of business June 16, 2001.


-----Original Message-----
From: 	Jamie_K_Schnorf@fpl.com@ENRON   On Behalf Of Jamie_K_Schnorf@fpl.com
Sent:	Monday, January 14, 2002 10:44 AM
To:	Art_R_Morris@fpl.com; Spraggins, Gary; Adams, Jean; Linhart, Joe; Michael_Jessop@fpl.com; Janzen, Randy; Ronald_Scheirer@fpl.com; TransOKnoms@enogex.com
Cc:	Forbish, Sherry; Greaney, Chris
Subject:	Lamar Nomination

Weekend Nomination.....

Attached is the NNG Lamar burn schedule for January 15, 2002.  At this time
we plan on  60,000.

Thanks

Jamie Schnorf - FPL
561-625-7032

(See attached file: NNG LAMAR NOMNATION.xls)
 - NNG LAMAR NOMNATION.xls


FYI - See attachment for latest attempt at satisfying the "ill-defined".  If
this is not on target, we will keep working until it is!  - Sally
---------------------- Forwarded by Sally Beck/HOU/ECT on 03/29/2001 04:24 PM
---------------------------

	From:  Patti Thompson                           03/29/2001 04:22 PM

To: Sally Beck/HOU/ECT@ECT
cc:
Subject: AEP-HPL Transition Issues


As promised, please find attached the presentations from the GA meeting in
Colorado, June 14, 2001.

gngr
713-853-7751


Sharon Brown
ETS Gas Control
713-853-5660


Centrica's gain.  Enron's loss.  The very best of luck to you.  It certainly has been a pleasure and I hope our paths cross again soon.

All the best,
Jeff

 -----Original Message-----
From: 	Dernehl, Ginger   On Behalf Of Shapiro, Richard
Sent:	Monday, September 24, 2001 10:50 AM
To:	Alamo, Joseph; Allegretti, Daniel; Allen, Joe; Alvarez, Ramon; Arefieva, Maria; Assaf, Lisa; Bellas, Kirsten; Benson, Eric; Bolton, Scott; Boston, Roy; Briggs, Tom; Buerger, Rubena; Burns, Stephen; Canovas, Guillermo; Cantrell, Rebecca W.; Comnes, Alan; Connor, Joe; Cooney, Carolyn; Dadson, Aleck; Dasovich, Jeff; Decker, Larry; Dernehl, Ginger; Dressler, Jean; Floris, Vinio; Frank, Robert; Fromer, Howard; Fulton, Donna; Guerrero, Janel; Hamilton, Allison; Hardy Jr, John; Hawkins, Bernadette; Hemstock, Robert; Hetrick, Nancy; Hoatson, Tom; Huang, Karen; Hueter, Barbara A.; Hunter, Bevin; Huson, Margaret; Ibrahim, Amr; Kaufman, Paul; Kean, Steven J.; Keene, Patrick; Kingerski, Harry; Kishigami, Kikumi; Knight, Laurie; Landwehr, Susan M.; Lassere, Donald; Lawner, Leslie; Leibman, Lara; Leonardo, Sam; Levy, Alberto; Lindberg, Susan; Linnell, Elizabeth; Mara, Susan; Maurer, Luiz; McVicker, Maureen; Migden, Janine; Miller, Terri; Montovano, Steve; Moore, Bill; Nersesian, Carin; Neustaedter, Robert; Nicolay, Christi L.; Nord, Sue; Noske, Linda J.; Novosel, Sarah; Ogenyi, Gloria; Palmer, Germain; Perez, Carmen; Perrino, Dave; Petrochko, Mona L.; Pharms, Melinda; Rishe, Frank; Rizzo, Helen; Roan, Michael; Robertson, Linda; Robinson, Marchris; Rodriquez, Andy; Ryall, Jean; Shapiro, Richard; Shelk, John; Shortridge, Pat; Staines, Dan; Steffes, James D.; Stransky, Joan; Stroup, Kerry; Sullivan, Kathleen; Sullivan, Lora; Thome, Jennifer; Tiberi, Fino; Twiggs, Thane; Walton, Steve; Warner, Geriann; Yeung, Charles; Yoho, Lisa
Subject:	FW: Aleck Dadson

I am sorry to inform the group that Aleck has resigned, effective immediately, from Enron to accept a positon with Centrica(formerly British Gas) as Senior V.P. of Regulatory Affairs for North America( based in Toronto). Aleck has done an outstanding job in his 4 1/2 years with the company and will be missed very much professionally. Personally, Aleck has been a pleasure to work with and defines the word gentleman- I will miss Aleck, but look forward to working with him in his new capacity. I'm sure I speak for the entire group in wishing him the very best in all his future endeavors.


Great.  Just wanted to make sure I was on the right wave length -- as Jane Joyce has asked the IT folks for more detail on the contracts and revenue projects and I didn't want to lead the IT folks astray with my understanding of our meeting if it was incorrect.

-----Original Message-----
From: Mike.Mcgowan@dynegy.com [mailto:Mike.Mcgowan@dynegy.com]
Sent: Tuesday, March 05, 2002 8:00 AM
To: Corman, Shelley
Subject: Re: FW: Restated 2002 CAPEX Plan

Shelley - I was waiting to see if other comments would be submitted.  I will respond today or tomorrow.  Although it should be a basic reponse that your comments are correct.

Hope all is well.

Mike


Please respond to  Michelle, please find attached the list of Representative Transactions
proved by Mitch.  Bruce Menke

 - transaction list.Ludwin.rtf


I'd be more than happy to run a test of the new forward obligation report in
order for you to move it to production. I do use the application everyday
when determining the West desk positions in relation to each other, so it's a
report I'm familiar with and also one that may affect me if it's changed.
Please let me know if you'd like me to run the report and under what terms.

Thanks,
Kate Symes
Trading Support
503-464-7486


What people know:

Hertzberg (et al's) bill (82XX)was heard in an "informational" hearing today and still sits in the Assembly Energy Committee.  It will be heard again tomorrow (perhaps beginning at 10 AM) , at which time parties will have a chance to support/oppose and ask for amendments.  Most, including us, oppose unless significantly amended.
The Wright (D) -Richman (R) bill (83XX)was heard in an "informational" hearing today and still sits in the Assembly Energy Committee.  It will be heard again tomorrow, at which time parties will have a chance to support/oppose and ask for amendments.  From our perspective, this is the best bill out there yet, though it still has serious problems---it isn't available electronically yet, but should be tomorrow, and I'll distribute then.  The chances of the joint D-R bill being successful are slim, however, since it's up against the Speakers competing bill.  There is talk that the Speaker will try to negotiate with Wright/Richman tonight and include any agreement in his bill (82XX).
The original version of the Governor's MOU bill sits in the Senate.  Most believe that Burton will put it up for a vote this week and it will fail.
The Senate's version of the MOU (Sher-Peace-Kuehl) (78XX)came out today.  It will likely be heard in the committee tomorrow or the next day.  Notably, it kills Direct Access completely and makes Edison shareholders responsible for that portion of Edison's debt owed to suppliers.  In short, a very bad bill.
Burton's 18XX, which would de-link the bond issuance (to pay back the General Fund) from the DWR contracts is likely to pass the Senate tomorrow or the next day.  Many--including Enron--support the bill (though we are supporting it behind the scenes).

What people don't know:
Whether there's the time or the will in the Assembly and Senate to achieve by Friday a single, comprehensive bill that can be sent to the governor for his signature.
Whether the Legislature would postpone its month-long recess if the Legislature hasn't finished a bill by Friday (most folks think they will not postpone).
Whether it's true that, irrespective of the energy issue, the Legislature will fail to get the budget completed by Friday and therefore have to postpone their recess anyway, in which case they might continue to work on the energy legislation at the same time.

Odds-makers still say it's better than 50-50 that the Legislature does not get the Edison bills done by Friday and leaves on on its 30-day vacation.

Best,
Jeff

Sacramento is one goofy place.


whenever your ready


Meeting regarding East Coast Power "Big Toe"


We have received an executed Master Agreement:

Type of Contract:  Master Agreement [Industrial]

Effective Date:   April 1, 2001

Enron Entity:   Enron Canada Corp.

Counterparty:   Calgary Winter Club

Transactions Covered:  Approved for :  commodity products such as natural gas
or crude oil
    Not approved for: Newer Products, such as pulp & paper, steel, weather or
FX or forward rate

Confirming Entity:  Enron Canada Corp.

Governing Law:   Province of Alberta

Copies will be distributed

Cordially,
Susan S. Bailey
Enron North America Corp.
1400 Smith Street, Suite 3806A
Houston, Texas 77002
Phone: (713) 853-4737
Fax: (713) 646-3490
E:mail:  Susan.Bailey@enron.com


REMINDER
Litigators and judges will discuss and share TRIAL STRATEGIES, PRACTICES AND
TECHNIQUES on April 17, from 8:30 a.m. - 4:30 p.m. in the Ceremonial
Courtroom of the U.S. Courthouse. This CLE has pending MCLE credits of 4.75
general and 1.5 ethics. Lunch is provided in the registration fee of $45 with
a reception co-sponsored by the Oregon New Lawyers Division and MBA Young
Lawyers Section following. To register contact the Order Desk at
1-800-452-8260, ext. 413 or 503-620-0222, ext. 413.


To all Energy Operations employees:

ENA has experienced extraordinary growth thus far in 2000.  I am especially
proud of the accomplishments of Energy Operations in supporting this growth.
I wanted to express my appreciation for all the hard work and dedication that
you have demonstrated.  We have done great work and I want to recognize you
for that.

Although we have done much, we have additional goals to accomplish within ENA
and Energy Operations this year.  Therefore, as we go forward, I want to make
sure that you have all the necessary tools to do the best possible job, and
that any barriers that may impede your work are removed.

To help in this effort, I have asked a consulting organization -- S.J. Bashen
Corporation -- to survey our organization; to "take its pulse" if you will;
to help us understand what in our environment fosters success and where we
could improve; in essence, to assist us in acquiring the "necessary tools"
and breaking down any "barriers."  SJBC is comprised of seasoned consultants
who assist organizations like ours to help on issues like this.  SJBC will
meet with members of our group in a private setting where we can highlight
our successes, discuss our concerns, ask our questions, make our comments,
and the like.  This collective information then is studied by SJBC with the
goal of providing us an opinion regarding our strengths and weaknesses.
Specific input will not be identified by the individual who provided that
input.

Many of you will be receiving a phone call in the near future from a SJBC
consultant.  Please schedule a time to participate at your earliest
opportunity, as this effort will be a success for our group only if we
cooperate to the fullest extent.  Of course, given the size of our group, it
will not be possible to meet with each of you.  Therefore, if you have not
received a call from SJBC by August 15 but would like to share your thoughts
with them, please feel free to contact Cheryl Brown at 713.780.8056 and
Cheryl will be glad to include you in our survey.

Communication is one of Enron's core values.  I want to stress that only
through open communication will this survey be a success.  Please be candid.
Thank you.

Sally


Hello everyone,

Attached is a summary write-up I've prepared on the EIP Plan (it's origin, current status and why we feel it s/b terminated) to deliver to Mary Joyce for her conversation with Mark Frevert.  I felt it a good idea to summarize all on one piece of papaer  in case Marke Frevert was not familar with the Plan.  This Plan is pretty intense when even intimate with it's details!

Sheila/Michelle, could you pls. both review prior to me delivering to Mary to see if I've missed anything or am describing anything incorrectly.  Pam is out today.  I appreciate it.  After your review I'll deliver.  I feel it's going to be very critical to get Mark's support on this to take it to the "termination" level, so I want this to go smoothly.

I'm also going to dabble around with a few "settlement payout" scenarios, based on the actual fund size, original expectations, remaining participants, etc.  I'll send to you for review and we'll have in our back pocket when it's time to talk to Gene.

Thanks all!

Susan


How's 8 AM PDT, 11 AM EDT?  Could you summarize for me precisely what she'd
like to discuss?  Thanks.

Best,
Jeff

	Pat Shortridge
	07/19/2001 02:46 PM

		 To: Jeff Dasovich/NA/Enron@Enron
		 cc:
		 Subject: phone call tomorrow

Congressman Ose's staffer, Connie Lausten, is happy to do a phone call
tomorrow.  Let me know what time you would like to do it.

Best,

Pat Shortridge


Jeff:  will you accompany Steve?  If so, the Committee needs you to bring at
least 75 copies of the attached testimony with you to give to the Committee
Clerk to "satisfy the anticipatied public interest."  I would suggest you
bring more.....
---------------------- Forwarded by Cynthia Sandherr/Corp/Enron on 09/08/2000
01:45 PM ---------------------------

Elizabeth Linnell
09/08/2000 12:44 PM
Sent by: Elizabeth Linnell
To: Cynthia Sandherr/Corp/Enron@ENRON, Jeff Dasovich/SFO/EES@EES
cc: Maureen McVicker/NA/Enron@Enron

Subject: Steve's testimony

Attached is the final version.


Start Date: 1/18/02; HourAhead hour: 24;  HourAhead schedule download failed. Manual intervention required.

    LOG MESSAGES:

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Error: dbCaps97Data: Cannot perform this operation on a closed database


SPRING FEES and FINANCIAL AID NEWS

Spring Fees
CARS Billing Statements with assessed spring registration fees will be printed
the weekend of  November 20 and  mailed before the Thanksgiving holiday.  You
should receive it by  December 3, but are nonetheless responsible for paying
fees by the deadline of December 15 even if you have not received a bill.
Ensure that your local address is correct on Bearfacts. Fees can be read on
Telebears if you do not receive a bill.

Health insurance fees are automatically waived in the spring semester if they
were waived in the fall term.  However, the assessment for health insurance
will show under New Charges.  Do not panic because the waived health insurance
amount will show in the next section of the CARS bill.

You have the option of paying your bill in full or electing the Deferred
Payment Plan (DPP), wherein your fees are paid in five equal monthly
installments.  There is a $40 participation fee each semester for the DPP.

Students who entered in fall 1999, please be aware that your spring 2000 fees
will appear $500 higher than fall semester as your deposit no longer offsets
the total.

Financial Aid and Spring Fees
If you are a financial aid recipient and there are no holds on your CARS
account, you have enrolled for at least 6 units in spring semester and
returned
all aid documents, then financial aid will credit your CARS account by the
December 15 deadline.  If your aid is not sufficient to fully pay your
registration fees, you must pay the remaining balance by Dec. 15 to avoid a
late CARS charge or a $40 Deferred Payment Plan charge. If your financial aid
amount exceeds your reg fees, then the remainder will be disbursed to you
hopefully according to the following schedule:

Thursday, January 13 - if your Electronic Funds Transfer (EFT) request has
been
processed
To sign up for EFT, download the form http://fbs.berkeley.edu/DISB/eftinfo.htm
Tuesday, January 18 - checks will be mailed to local addresses for those
students not signed up for EFT.  It may take up to 5- 7 business days to
receive the check.  Be certain your mailing address is current with the
University (database is different than Haas). You can update it on Bearfacts
https://bearfacts.berkeley.edu

NOTE: Although Berkeley may credit your CARS account with aid in December, the
official disbursement date for your federal student loan is not until
mid-January 2000.  So interest does not begin to accrue on the second
disbursement of your Unsubsidized Direct Loan until then.  Also, if your
company is paying registration fees, you will not receive a refund of your
student loan until the third week of January.

Individuals expecting their second disbursement of private loans checks can
anticipate that the check will be available for pick-up or mailed to you (same
arrangements as for your fall private loan disbursement) by the third week of
January.

If you have any financial aid questions, please contact me.

Regards-
debi

_____________________________
debi fidler
Director of Financial Aid for MBA Programs
Haas School of Business, S472
University of California, Berkeley
Berkeley, CA  94720-1900
voice (510) 643-1680
fax (510) 642-4700
 - att1.htm


Sack, lets see you try this with United flight #1292 from Memphis to Peoria.
Hope all goes well in the airline bidness and hope to see you soon.  It won't
be on one of your flights, however, as I've instructed my travel staff to
avoid United just in case I get you and you decide to try out your old top
gun moves on a DC10 or whatever the hell you fly!  DF

 - FLYBY.jpg


Stephanie:
I am waiting to hear back from Ed Sacks or Wendy Conwell on the open credit
issues for the EEI Master that we are negotiating with CP&L.  If we can
complete the Master,

Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com
----- Forwarded by Carol St Clair/HOU/ECT on 05/23/2001 04:14 PM -----

	David Portz
	05/22/2001 12:48 PM

		 To: Carol St Clair/HOU/ECT@ECT
		 cc: Genia FitzGerald/HOU/ECT@ECT, Elizabeth Sager/HOU/ECT@ECT
		 Subject: Re: Carolina Power & Light

[I'll see you at approx. 1  p.m. today right?]

Re the below, contact the credit group to see if they can speedily resolve
the credit issues so as to bring the EEI to bear on the transansaction,
clearly the best result.  Credit will also indicate whether the size of the
trade is such that they want to insist the trade is done under a completed
EEI Master, rather than being documented the 'old way' and then brought under
the EEI Master upon its completion.  If the trade will be completed under the
Tariff, you'll want to look at the Tariff to see what underlying terms you're
dealing with (e.g., 1 year limit on term of trade completed under the Tariff,
availability of LDs for a trade involving LD energy, etc.)

If not already known to you, Genia or Elizabeth may have input on where
things stood in Janice's negotiations with CP&L.

	Carol St Clair
	05/22/2001 12:13 PM

		 To: David Portz/HOU/ECT@ECT
		 cc: Genia FitzGerald/HOU/ECT@ECT
		 Subject: Carolina Power & Light

David:
CP&L has marked up a confirm that we sent to them for a deal that was done
5/8/2001 to make it subject to their 5/18/98 Tariff agreement.  We are in the
process of negotiating an EEI Master with them but have some outstanding
credit issues.  How should I respond to their mark-up?  This was one of
Janice's files.

Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com


[IMAGE]	[IMAGE]	[IMAGE]
[IMAGE]	   [IMAGE] [IMAGE]  [IMAGE]    	[IMAGE]
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Thanks for following up on that.  I got the counterparty to refax the
document to us and Lorraine just got Andy to re-execute it.

	Lydia Cannon/ENRON@enronXgate
	05/15/2001 09:42 AM

		 To: Lorraine Becker/ENRON@enronXgate
		 cc: Tana Jones/HOU/ECT@ECT
		 Subject: Lost Document

Lorraine,

Update--I spoke with Marcos this morning, he said that he was never given a
document by Andy on Friday to deliver to Tana.  We are all at a lost
regarding the missing document.

Regards,

Lydia Cannon
Assistant to Andy Zipper
713-853-9975
713-408-6267 cell
Lydia.Cannon@enron.com


Just to follow up, where are we vis-a-vis getting prepared for the No Action
Relief application?

I assume we do not need this for Phase 2.


Enron is forming a new organization - - the Enron Xcelerator - - to drive the
formation and development of new businesses at Enron.  Enron's unique ability
to start and develop new businesses has driven most of our growth over the
years.  Lou L. Pai, currently Chairman and CEO of Enron Energy Services, will
lead the Xcelerator.  Over his years at Enron, Lou has been key to the
creation and rapid growth of our wholesale gas, wholesale power and energy
service businesses.  The existing business units will continue their
development of core businesses, while the Xcelerator will be responsible for
developing new business opportunities that are natural extensions of Enron's
business model and core skills, but not currently under development elsewhere
in Enron.

Dave Delainey, currently President and CEO of Enron Americas, will become
Chairman and CEO of Enron Energy Services.  Dave brings a wealth of
experience and accomplishment from Enron Wholesale Services' businesses where
he led the growth of our Canadian business and our North American origination
activity and, most recently, had a great year in Enron Americas.

Dave is forming an Office of the Chairman in EES.  Joining Dave in the Office
of the Chairman are Dan Leff, President of EES, Global Energy Services, and
Marty Sunde, President of EES, Global Marketing and Services.  Dan and Marty
have been instrumental in the development and execution of the successful EES
business model.  Also joining the Office of the Chairman of EES is Janet
Dietrich as Chief Operating Officer.  Janet, currently is Managing Director
in Enron Americas, where she has been successful in many of Enron Wholesale's
core businesses, including gas trading, risk management and structural
origination.  Tom White will continue as Vice Chairman of EES and will focus
on the development and expansion of EES' customer relationships.  Lou, Tom,
Dan, Marty and the entire EES organization have developed a great business
model with great growth prospects.  EES has become an essential part of
Enron's market valuation and growth story.  This new leadership structure
will enable EES to continue on its path of sustained growth and increasing
profitability.

John Lavorato will succeed Dave as President and CEO of Enron Americas.  John
has been an essential part of Enron's energy trading success over the years
and is a key part of Enron Wholesale Services' continuing success story.
Joining John is Louise Kitchen, currently President and CEO of Enron
NetWorks.  Louise, who accelerated Enron's outstanding growth with the
deployment of EnronOnline, will take over as Chief Operating Officer of Enron
Americas.

Philippe Bibi, currently Chief Operating Officer of Enron NetWorks will take
over as President and CEO of Enron NetWorks.  Under Philippe's leadership,
Enron has become a technology leader and the leading e-commerce company.
Joining Philippe as Chief Operating Officer is Greg Piper, currently Managing
Director of Enron NetWorks.  Greg currently leads Enron NetWork's origination
activity and was responsible for the creation and deployment of ClickPaper,
Enron's successful online pulp and paper marketplace.

Please join us in congratulating all of these individuals on their
achievements and their new responsibilities.


Please calendar for me.
---------------------- Forwarded by Kay Mann/Corp/Enron on 05/11/2001 11:51
AM ---------------------------

Ben F Jacoby@ECT
05/11/2001 11:48 AM
Sent by: Ben Jacoby@ECT
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: Re: Staff Meeting

You're welcome to come, and bring your friends!
---------------------- Forwarded by Ben Jacoby/HOU/ECT on 05/11/2001 10:04 AM
---------------------------

	Lorie Leigh
	05/11/2001 10:54 AM

To: Ben F Jacoby/HOU/ECT@ECT, Scott Churbock/NA/Enron@ENRON, Dave
Kellermeyer/HOU/ECT@ECT, Kathleen Carnahan/NA/Enron@Enron, Mathew
Gimble/HOU/ECT@ECT, Chris Booth/NA/Enron@Enron, Rebecca
Walker/NA/Enron@Enron, Sharon Hausinger/Enron@EnronXGate, Jeffrey M
Keenan/HOU/ECT@ECT, Ron Tapscott/HOU/ECT@ECT, Rusty Stevens/Corp/Enron@ENRON,
Raimund Grube/Corp/Enron@ENRON, Rick Whitaker/NA/Enron@ENRON, Fred
Mitro/HOU/ECT@ECT, Steve Krimsky/Corp/Enron@Enron, Greg
Krause/Corp/Enron@Enron
cc: Robert P Virgo/HOU/ECT@ECT, Shelby Malkemes/Corp/Enron@ENRON, Lisa
Zarsky/HOU/ECT@ECT, Glenn Sloan/ENRON@enronXgate
Subject: Re: Staff Meeting

MANDATORY STAFF MEETING

the date: Tuesday, May 15th
the place: EB 3143B
the time: 4:00 PM - 6:00 PM CST
the subject: Year to Date Activity

If you will not be here in person, you will be required to call in.  Snacks
will be provided.  If you have any problems or questions, please feel free to
call me at 713-853-1696.

Thanks,
Lorie Leigh


How are the appointments turning out from your perspective?
----- Forwarded by Steven J Kean/NA/Enron on 12/04/2000 04:11 PM -----

	"Nike Papadopoulos" <nikep@edelmanmexico.com.mx>
	12/04/2000 11:22 AM
	Please respond to nikep

		 To: <max.yzaguirre@enron.com>, <skean@enron.com>, <rshapiro@enron.com>,
<eric.thode@enron.com>, <jaime.alatorre@enron.com>,
<Ricardo.Charvel@enron.com>, <jaime.williams@enron.com>, <sirvin@enron.com>,
<msabine@enron.com>, <agustin.perez@enron.com>
		 cc: <aventura@edelmanmexico.com.mx>
		 Subject: Energy Analysis

Attached you will find last week's energy analysis which includes
information about Vicente Fox's Energy team.

Thank you.

 - 24Nov-3Dec.DOC


<<MF September 6th 2001.pdf>>

			Good Thursday Morning - Comments From The Local
Guys!

This morning, the non-manufacturing National Association of Purchasing
Managers (NAPM) unexpectedly fell to 45.5 in August from 48.9 in July. New
Orders fell to 45.9 from 48.6 (note that this component is not seasonally
adjusted). The services that reported the most negative environment,
according to this survey, were: communications, real estate and
construction. Blending these data with the manufacturing NAPM, the total
economy NAPM dropped to 46.0 from 47.8 in July.

Tomorrow the Labor Department releases the employment data for August.
Lehman Brothers expects a payroll gain of 28,000 new jobs in the non-farm
sector.

The 30 -year bond yield is 5.40%.
The 10-year is trading at 4.85%.
The 5-year is trading at 4.40%.
Spot crude oil is trading at $27.57 p/b.
Natural Gas - Henry Hub -  is trading at $2.44 p/mcf.

			AD Time:

New Federal Insider-Trading Rule (Rule 10b5-1) has been adopted by the SEC
under the Securities Exchange Act of 1934. This rule greatly enhances an
insider's/employee's ability to trade his/her corporate shares during
blackout periods.
Previously, without the protection of this new SEC rule, employees and
insiders could safely trade only outside of designated blackout windows.
Under this new rule, insiders/employees may have the ability to purchase and
sell their corporate shares even during blackout periods if a written plan
was established and in force when the insider/employee was not in possession
of material, non-public information.
The new rule contains other restrictions and should be reviewed carefully.
Lehman Brothers has established a turn-key plan that take into account the
regulatory procedures for establishing such a plan.    Please email us or
call us for more information.

			Lehman's Research
IMPACT CALLS
Yahoo!, Inc(YHOO) 2 - Buy H. Becker, .212.526.1764
Buy On the Pullback! (C)
OLD NEW STREET P/E
Price: $10.64 EPS 2000 N/A $0.48 N/A N/A
52 Wk Ra: $119.25 - 10.64 EPS 2001 $0.03E $0.03E $0.05E 354.7
Mkt Cap: $6.3B EPS 2002 $0.10E $0.10E $0.13E 106.4
FY: 12/31 Price Target $20 $20
Rank 2 2
*Yahoo!'s stock has been extremely weak, down 40% in the past month, and
trading at a 52-week low of $10.64. We view this
pullback as a compelling buying opportunity.
*Much of this decline is attributable to widespread speculation that Yahoo!
will not hit its 3Q estimates due to the eroding advertising
outlook.
*After carefully analyzing our forecast, we believe that a significant
shortfall is unlikely: Our 3Q estimates already factor in the dot-com
meltdown and the prolonged weak economy.
*We recognize that Yahoo!s challenges are formidable and a re-acceleration
in growth may be a few quarters off. However, we
believe that estimates are low enough and that the valuation has become much
more reasonable.
*We believe that the downside on the stock is limited and underpinned by the
potential sale of the company.

Cable Communications Services L. Warner, .202.452.4705
Cox & Comcast Terminate @Home Relationship
*We believe that Cox's and Comcast's decision to end their relationships
with Excite@Home will be very positive in the long term for
both companies. However, we believe that the transition of service from At
Home's infrastructure to a new infrastructure poses
execution risk in the first half of 2002.
*Cox and Comcast notified Excite@Home that they will terminate their
respective agreements with the company effective June 4,
2002. This means that Cox and Comcast must migrate their high speed data
customers from the ATHM platform to new platforms in
the first half of next year, a major undertaking.
*We have revised our forcasts for both companies to reflect, relative to
previous estimates; higher revenue in 2002 and 2003, higher
OCF in 2003, lower HSD net adds in 1H02, and higher capex in 2002.

Major Pharmaceuticals C. Butler, .212.526.4410
Maybe You Did Not Hear..Drugs Might Work in Q4!
*The US Pharma sector is trading at a 12 percent premium to the S&P.
Historically this is less than the 27 percent premium of the past
several years. We provide comments on our perception of several catalysts
that may drive the drug index through the end of this year.
*The first catalyst may come next week. Lilly's Xigris for sepsis will be
before the FDA on September 12. We anticipate approval
and a subsequent Q4 launch.
*Bristol Myers will highlight data on their new hypertensive drug Vanlev
later this month or early next. Five key analyst/investor
meetings will transpire between October and December for LLY, BMY, PHA, MRK,
and PFE. SGP will host an ADAM meeting in
October.
*With a weaker dollar, Q4 looks strong for revenue acceleration as the S&P
earnings are being pressured.

IDEC Pharmaceuticals(IDPH) 2 - Buy M. Wood, .212.526.4035
Preview of Zevalin Panel Meeting (C)
OLD NEW STREET P/E
Price: $59.27 EPS 2000 N/A $0.30 N/A N/A
52 Wk Ra: $78 - 33 EPS 2001 $0.55E $0.55E $0.57E 107.8
Mkt Cap: $7.5B EPS 2002 $0.80E $0.80E $0.88E 74.1
FY: 12/31 Price Target $75 $75
Rank 2 2
*IDEC's Zevalin will be reviewed by an FDA advisory panel on September 11.
*We think the main areas of focus for the panel will be 1) efficacy, with
emphasis on the stage of disease at which the product should
be used, 2) safety concerns, particularly with regard to hematological
toxicity, and 3) the dosing techniques used to administer the
drug.
*We think the chances of a positive outcome at the panel meeting are 75% or
greater. We forecast Zevalin launch early in 2002 and
revenues of $70 million in the first year.

Semiconductor Capital Equipment E. White, .212.526.4744
3Q EPS Preview -To Preannounce or Not To?
*Chipmakers continue to trim capital spending budgets resulting in weak 3Q
earnings for semiconductor equipment companies. We
think 3Q orders will be lower than 2Q and expect EPS guidance to be revised
lower for selected companies. This could limit near-term
upside potential in equipment shares.
*Many companies could face an uphill battle to meet 3Q expectations. Those
whose earnings may be more at risk than others include
ACLS, ASYT, CYMI, EGLS, FSII, LRCX, LTXX, PRIA, PHTN, TER, TWAV and VSEA.
*In summary, we see a high likelihood of multiple earnings preannouncements
over the coming weeks. We also believe that many of
the companies mentioned above could set lower expectations in 4Q than
consensus estimates currently reflect.

INITIATING COVERAGE
Ameren Corp(AEE) 3 - Market Perform D. Ford, .212.526.0836
Big Yield Utility
OLD NEW STREET P/E
Price: $41.50 EPS 2000 N/A $3.45 N/A N/A
52 Wk Ra: $47 - 37 EPS 2001 N/A $3.30E $3.36E 12.6
Mkt Cap: $5.7B EPS 2002 N/A $3.30E $3.46E 12.6
FY: 12/31 Price Target N/A $41
Rank N 3
*We are initiating coverage of Ameren with a 3-Market Perform rating. While
the Missouri rate case overhang could last into next
year, AEE's 6.12% yield should hold price firm.
*In addition to a good yield, other AEE positives are: 1) A track record for
delivering on earnings promises; 2) A well-run utility; and
3) Attractive geography for competing in unregulated energy markets.
*Our $3.30 2002 EPS estimate incorporates a "middle of the road" Missouri
rate case outcome in early Spring. We assume a $130M
P-T rate cut (-$0.46/share) and an 11% ROE.
*AEE's Illinois/Missouri location favorably positions it with nearly 25
adjacent utility trading partners.
*Our $41 target is 12.5x our 2002E. AEE's above-average yield (6.1% vs. 4.1%
for utilities and 1.4% for the S%P 500) and good
operations should provide support despite rate case overhang.

International Rectifier(IRF) 3 - Market Perform D. Niles, .415.274.5252
A Pure-Play in Power Semis
OLD NEW STREET P/E
Price: $35.33 EPS 2001 N/A $2.30 N/A N/A
52 Wk Ra: $70 - 27 EPS 2002 N/A $1.13E $1.20E 31.3
Mkt Cap: $2.2B EPS 2003 N/A $2.09E $2.31E 16.9
FY: 6/30 Price Target N/A N/A
Rank N 3
*Recognized as one of the oldest, dedicated pure-plays in power semis, IRF
is capitalizing on the emerging growth opportunities in
power mgnt which should lead to above average growth once the semiconductor
industry recovers.
*Dataquest estimates that 70% of the world's power MOSFETs are produced by
IRF or use its patented technology. The leadership
position in power components provides IRF with a platform to leverage
expansion into high margin power systems businesses.
*At 2.2x LTM P/S, we believe IRF represents a compelling valuation relative
to its peers given opportunity for margin expansion.
However, we are cautious near-term given lack of evidence into a sustained
recover in the broader semiconductor market.
*We initiate coverage on IRF with a 3-MP rating on a leader in power
semiconductors.

COMPANY/INDUSTRY UPDATES

Mortgage Finance B. Harting, .212.526.3007
Historical Performance Indicates Futher Upside
*We have gone back in time, relating historic stock performance of our
sector following an easing cycle, defined as three consecutive
rate decreases. Historically, the group has continued to show strong
performance after the last rate cut into a period of rate increases.
The result has been an outperformance of the S&P 500 coming out of three of
the last four interest rate cuts.
Wells Fargo(WFC) 1 - Strong Buy H. Dickson, .212.526.5659
Residential Real Estate Update (A)
OLD NEW STREET P/E
Price: $46.47 EPS 2000 N/A $2.53 N/A N/A
52 Wk Ra: $56 - 40 EPS 2001 $2.10E $2.10E $2.06E 22.1
Mkt Cap: $79.7B EPS 2002 $3.20E $3.20E $3.13E 14.5
FY: 12/31 Price Target $65 $65
Rank 1 1
*The LEH economic opinion is that the real estate market is not just a
bubble waiting to burst, and much of the doom and gloom in the
market may be overblown. Based on this opinion, we believe that a company
such as WFC may have upside potential when the
unfounded fears in the market are lifted. We continue to rate WFC 1 - Strong
Buy.
*To the extent that this view is correct, WFC should benefit from stronger
revenue growth in the mortgage and home equity
businesses. This should help to offset businesses that may have weaker
growth.
*The company should also be positioned to positively benefit from the
cross-sell opportunities which come with mortgage and home
equity sales.
*WFC may be a good valuation play as the stock currently may have the
market's negative predictions for the real estate market built
in.

Greater Bay Bancorp(GBBK) 2 - Buy B. Vandervliet, .212.526.8893
Residential Trends: Reason For Continued Caution (C)
OLD NEW STREET P/E
Price: $26.22 EPS 2000 N/A $1.62 N/A N/A
52 Wk Ra: $44 - 20 EPS 2001 $1.89E $1.89E $1.92E 13.9
Mkt Cap: $1.1B EPS 2002 $2.15E $2.15E $2.19E 12.2
FY: 12/31 Price Target $30 $30
Rank 2 2
*While we do not believe given the low weighting of residential exposure
that credit quality in this area should be a primary concern
among investors, we believe on balance it is reason for continued caution.
*Given the low concentration of residential lending exposure at GBBK, just
6% of the portfolio, this is not our area of primary
concern.
*Our concern is focused on the 47% concentration of commercial real estate
and construction loans in the portfolio which we believe
may be under greater pressure in the intermediate term.
*Most recently we highlighted credit trends at GBBK in a note dated 8/14
entitled "More Real Estate Data, More Caution."

David C. Morris
Sr. VP Lehman Brothers
713-652-7112/800-227-4537
dcmorris@lehman.com

Disclosure Legend: A-Lehman Brothers Inc. managed or co-managed within the
past three years a public offering of securities for this company. B-An
employee of Lehman Brothers Inc. is a director of this company. C-Lehman
Brothers Inc. makes a market in the securities of this company. G-The
Lehman Brothers analyst who covers this company also has position in its
securities.
Key to Investment Rankings: This is a guide to expected total return (price
performance plus dividend) relative to the total return of the stock's local
market over the next 12 months. 1 = Strong Buy (expected to outperform the
market by 15 or more percentage points); 2=Buy (expected to outperform
the market by 5-15 percentage points); 3=Market Perform (expected to perform
in line with the market, plus or minus 5 percentage points); 4=Market
Underperform (expected to underperform the market by 5-15 percentage
points); 5=Sell (expected to underperform the market by 15 or more
percentage
points).
This document is for information purposes only. We do not represent that
this information is complete or accurate. All opinions are subject to
change.
The securities mentioned may not be eligible for sale in some states or
countries. This document has been prepared by Lehman Brothers Inc., Member
SIPC, on behalf of Lehman Brothers International (Europe), which is
regulated by the SFA. ?Lehman Brothers, Inc.

------------------------------------------------------------------------------
This message is intended only for the personal and confidential use of the designated recipient(s) named above.  If you are not the intended recipient of this message you are hereby notified that any review, dissemination, distribution or copying of this message is strictly prohibited.  This communication is for information purposes only and should not be regarded as an offer to sell or as a solicitation of an offer to buy any financial product, an official confirmation of any transaction, or as an official statement of Lehman Brothers.  Email transmission cannot be guaranteed to be secure or error-free.  Therefore, we do not represent that this information is complete or accurate and it should not be relied upon as such.  All information is subject to change without notice.

 - MF September 6th 2001.pdf


Brain glitch!  It was two legs of the same deal!

I also found #550042 and 550048 that look like it needs to be confirmed also.

Thanks!

   Kate Symes                03/15/2001 10:45 AM

To: Sharen Cason/HOU/ECT@ECT
cc:
Subject: Re: Not to be confirmed deals

I think this is an issue with Diana's deal entry, because I just asked Sean
Crandall and he said you can go ahead and confirm all of these deals. I've
changed the confirm status, and I'll look into it more later this afternoon
when the traders are less busy. Also, did you mean to write 549903 twice, or
is there another deal number?

Thanks,
Kate

	From:  Sharen Cason                           03/15/2001 07:45 AM

To: Kate Symes/PDX/ECT@ECT
cc: Kimberly Hundl/Corp/Enron@Enron, Amy Smith/ENRON@enronXgate

Subject: Not to be confirmed deals

We came across some deals on the not to be confirmed report that look like
they should be confirmed.  Can you check and see why these came up not to be
confirmed.  We thought we had fixed the system so that the daily deals in the
west would default to be confirmed so I need to know if this was a conscious
decision or something the comuter is defaulting to.  Am I making sense?  Call
me if you need to interpret this message!

#549826
#549903
#549903


In order to better align our resources with the business units we support,
we are designating the following individuals as operating company leads with
primary responsibility for designing and implementing government and
regulatory affairs support for the operating companies and to serve as
primary contacts for the operating companies:

  EBS: Scott Bolton & Donald Lassere

  EES: Harry Kingerski

  ENA: Jim Steffes

 In addition to supporting the operating company organizations, these
individuals will report to Rick Shapiro.  Jim Steffes will retain his
responsibilities for regulatory risk assessment and will continue to report
to Steve Kean in that capacity.

 There are already numerous working relationships and points of contact
between government affairs and the operating companies.  The designation of
Scott, Donald, Harry and Jim as leads does not change that.  Rather, we are
looking to these individuals to coordinate these activities and serve as a
"go to" resource on issues which impact the respective operating companies.


sorry i didn't call you back last night.  i got home around 9:30.  i will give you a call tonight.  how about the huskers?  that was violent.


---------------------- Forwarded by Lisa Gillette/HOU/ECT on 12/11/2000 08:28
AM ---------------------------

elderjm <john.m.elder@vanderbilt.edu>@vanderbilt.edu> on 12/10/2000 10:52:55
PM
To: lisa.gillette@enron.com
cc:

Subject: Just wanted to say...

...it was great meeting you Saturday.  To think this all started with a tip
for the guitar player.  I hope the rest of the night went well for you.
Hopefully you all (and especially the bride-to-be) had a great time.

I just flew in a little bit ago.  I caught an earlier flight out of Dallas
around 4.  I was supposed to fly out at 7, but had nothing to do at the job
fair and was forced to check out of my room by 12.  So, instead of wasting my
whole day in the hotel lobby, I decided to fly stand-by.

I just have to say that it sucks that we were both still in Dallas today, and
I had no way of getting in touch with you. It would have been nice to see you
again.  Hopefully I'll get another chance.

In all the dancing and drinking, I completely forgot to close out my tab last
night.  Translation:  my credit card is still at Have a Nice Day Cafe.  Great,
huh?  Thanks a lot...I blame you for distracting me.  If I hadn't met you, I'd
probably be sitting here with my credit card in my wallet...

I hope you know I'm just kidding.  Credit cards are replaceable.  It's not the
first time I've lost one and unfortunately probably won't be the last.

Hey, I don't want you to think I'm just the typical guy you meet in a bar.
I'm not.  In all honesty, I'm as far from that as a guy can get.  Everything I
told you Saturday night is true, so please don't think I was telling you lines
just to hook up with you.  I'm hope you realize that.

Once again, it was truly a pleasure meeting you.  I don't remember if I gave
you my info.  You now have my email address and my phone numbers are: (H)
615-831-3110 and (C) 615-364-8504, however I don't expect you to call.  I'll
call you.  Having three older sisters teaches a guy that he needs to be the
initiator, so I'll give you a call in the next couple of days.

Until then, I'll be thinking about you.  If you have a chance to email, it
would be great to hear from you.  Hope you had a safe trip back to Houston.

Talk to you soon,
John


I just wanted to let you know that Shari Stack is working on that Talisman
letter.

It was good talking to you, as always.  I hope you got out and "stomped" a
little bit!


The accounts at Bear owned by the credit book are:

The old account under ECT name: 102-04919
This account is empty but not yet closed

The current ENA acct is: 102-06181
This is where the positions are now held

These are the accounts that need to go to Enron Credit Inc

Thanks,

Tom

From: Sara Shackleton@ECT on 03/27/2001 10:22 AM
To: Tom Doukas/NA/Enron@ENRON
cc:

Subject: prime broker account numbers

Tom:  Which accounts are being transferred to Bear?  Are these internal
account numbers?  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
----- Forwarded by Sara Shackleton/HOU/ECT on 03/27/2001 10:20 AM -----

	Sheila Glover
	03/08/2001 11:31 AM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: prime broker account numbers


Attached is the Transwestern Capacity Release Report that provides information for October 2001 invoicing.  The spreads to the California border narrowed during the month of October.  Therefore, two of the three index-based packages released by PG&E (Core) are below TW's max tariff rate and the third should be billed using the floor defined on the offer ($0.4455/dth), which does exceed the max tariff rate.
If you have questions or need additional information, please let me know.

Thanks,
Elizabeth


[IMAGE]
www.rlcnet.org
FOR IMMEDIATE
RELEASE???????????????????????????????????????????????????????????????????????
??????????????????????????????????????????????????????????????????????????????
??????????! ??????????????????????????????????????????????? CONTACT: Matt
Well
Wednesday, October 25,
2000??????????????????????????????????????????????????????????????????????????
??????????????????????????????????????????????????????????????????????????????
?????&n! bsp;??????????????????????????????????????????????? PHONE:
202-547-1700
??????????????????????????????????????????????????????????????????????????????
??????????????????????????????????????????????????????????????????????????????
?????&nbsp!
;?????????????????????????????????????????????????????????????????????????????
??????????????????? PAGER: 888-781-2151
RLC Increases New Jersey TV Ad Buy
As Franks-Corzine Race Tightens
Budget-Busting, Anti-Taxpayer Corzine Issues
Beginning To Impact Senate Race

?Washington, DC -- The Republican Leadership Council (RLC) announced that it
will increase its existing New Jersey TV ad buy by an additional $250,000,
beginning immediately, and will step up efforts to point out the fiscal
profligacy associated with Democrat Jon Corzine's economic platform.

?"We're clearly making headway in our effort to educate New Jersey taxpayers
about the real cost of Corzine's ideas for big government, and we're going to
turn up the volume of our TV buy in New Jersey," said Mark Miller, Executive
Director of the RLC.? "The bottom line is that Jon Corzine's irresponsible
'free lunch' big spending schemes will ruin our economic prosperity, and send
the nation back into deficit spending."

?The RLC ad, which will be extended in both the Philadelphia and New York
markets, charges that Corzine's spending programs would cost the average
taxpayer $5,000 per year, and quotes a newspaper editorial saying that,
"Corzine's... schemes would come at a tremendous cost to taxpayers."

?Meanwhile, a new Quinnipiac College survey of 909 likely New Jersey voters
released today shows GOP candidate Bob Franks within five points, 46%-41%,
even after being outspent by Corzine by record margins.

?Miller noted that the new survey shows Corzine with an unimpressive 30% -
26% Favorable/ Unfavorable rating overall, and evenly split among
independents at 26%.

?"Because Corzine's message is based almost entirely on giving away taxpayers
dollars for government program after government program, taxpayers are
looking more skeptically at his proposals," said Miller.? "New Jersey
taxpayers don't believe Corzine should spend their money as recklessly as he
spends his own money."

# # #
To subscribe or unsubscribe send your name and e-mail address to
info@rlcnet.org or visit www.rlcnet.org.


Here you go ladies:

I will forward any updates as they become available.

Thanks,
Brenda


---------------------- Forwarded by Jeffrey A Shankman/HOU/ECT on 10/25/2000
03:33 PM ---------------------------

"newgallery@sprynet.com" <newgallery on 09/22/2000 10:49:39 AM
Please respond to newgallery@sprynet.com
To: Jeff Shankman <jshankm@enron.com>
cc:
Subject: Bisttram "Farms in Space" 3

Bisttram "Forms In Space" 11x9 encaustic ca. 1942

mailbox:/Macintosh%20HD/System%20Folder/Preferences/Netscape%20Users/Thomas%20
Andriola/Mail/Inbox?id=l03110701b5e7ff64e474%40%5B206.183.203.114%5D&number=64
5874&part=1.4


Guys, I have explained the strategy/tactics that have lead to this position
in some detail.  In my opinion the company is not at risk and potentially ENA
could create significant value from a project that we have very little
invested.  I understand the construction risk on the bid as much as anyone
and we have no intention of lifting their offer. As far as EECC involvement,
as I had mentioned, Coleman was a part of all these discussions.  I will
argue that Mike and the ENA deal team made the right call necessary to
maximize return in the short run for Enron without investing significant
dollars or taking significant risks.

Obviously, I was unsuccessful in explaining such a sophisticated strategy.

Regards
Delainey

---------------------- Forwarded by David W Delainey/HOU/ECT on 09/26/2000
07:01 PM ---------------------------

Dick Westfahl@ENRON_DEVELOPMENT
09/26/2000 09:30 AM
To: Dave Delainey
cc: Larry L Izzo/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: Las Vegas CoGen

Dave:

See attached memo.

Thanks,

Dick


Please note Zdenek Gerych's new information effective Wednesday May 9, 2001:

Location EB3016C
Phone Number 713-345-2790
Fax Number      713-646-7768
Mobile Number 713-305-4339

Thanks
Telvy


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    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2001100814.txt

Error retrieving HourAhead price data - process continuing...
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  MKT_TYPE: 2
  TRANS_DATE: 10/8/01
  TIE_POINT: PVERDE_5_DEVERS
  INTERCHG_ID: CISO_EPMI_SRP
  ENGY_TYPE: NFRM


Start Date: 3/31/01; HourAhead hour: 16;  HourAhead schedule download failed.
Manual intervention required.


In my summer update about the acquisition of MG Plc and the integration of
the metals business into Enron, I reported that we were aiming to complete
the integration by the end of the year. I am pleased to report that we are
well on the way to meeting this target.

September was a busy month for the metals business as it brought with it both
the co-location of the London and Tokyo-based metals staff with Enron,s
offices and the first quarter of combined reporting under Enron Europe.
Ensuring a smooth transition for both the metals staff and the metals systems
into our London headquarters took a tremendous amount of co-ordination by
teams across the company on the part of the former MG team and the
integration team at Enron Europe.  Nevertheless, &D-Day8 arrived with minimal
problems and the metals team open for business as usual on the morning of
September 18th.

Another key initiative that commenced during September was the re-positioning
of the MG worldwide metals business as Enron Metals. With the exception of
the Henry Bath & Son Limited warehousing division, which will remain as
currently named, the re-branding initiative was kicked off in the UK and
followed by Japan and the US.  The re-branding initiative is on going with
all other remaining regions set to undergo completion of the name change by
the end of November.

Enron Metals is represented throughout the world.  I have attached a regional
office summary that depicts Enron Metals, locations (Appendix I).

In light of the progress that has been made since the summer, I thought it
would be helpful to provide you with a brief recap of Enron Metals, core
business areas and identify those members of the metals team who will be
leading commercial efforts moving forward.

Merchanting Division

The Merchanting Division, led by Michael Farmer (+44 (0)20 7783 2049), is a
worldwide copper merchant, one of the top three independent merchants of
copper concentrates and nickel and the leading European merchant of recycled
non-ferrous metals.  Core activities of the merchanting division are:

? Merchanting of Non-ferrous Metals ) Enron Metals trades as a principal with
producers and consumers, buying and selling non-ferrous metals and
concentrates (particularly copper, aluminum and nickel), exchanging qualities
and locations and lending and borrowing metals.
? Global Stockholding ) Through its affiliate, Henry Bath & Son Limited,
Enron Metals holds stocks of non-ferrous metals at warehouses around the
world.
? Merchanting of Recycled Metal ) Enron Metals trades as a principal with
suppliers and consumers of non-ferrous metal for recycling.  Enron has
augmented its European recycling platform through the acquisition of assets
of W&O Bergmann, the leading German Recycling Business.

Financial Services Division

The Financial Services Division, led by Michael Hutchinson (+44 (0)20 7783
2079), provides market-making and trading services to Enron Metal,s physical
metals trading business through futures trading as a member of the London
Metal Exchange and as a member of COMEX in New York.  The Financial Services
Division will continue to be comprised of brokerage activities for LME and
COMEX contracts and be a market-maker for both futures and options contracts
on the LME and COMEX and in OTC metals contracts.

With much of the metals business moving to online trading, significant effort
has been put into getting metals contracts incorporated into EnronOnline,s
portfolio of product offerings since the metals business, integration into
Enron this summer.  Today on EnronOnline we are trading six metals (Copper,
Aluminium, Nickel, Zinc, Lead and Tin) with over 150 products available.

Enron Metals now has almost 800 financial counterparties on the books, with
300 of these having EnronOnline accounts.  Trading volumes have increased
from a couple of trades per day in September to a high of 300 in October. The
attached charts depict the established metals results compared to the start
up of US natgas (Appendix II).

Origination

Enron Metals established a London-based commercial unit under the direction
of Eric Gadd, Vice President-Global Metals Origination which is focused on
completing highly structured and long-dated transactions.  It will integrate
with existing merchanting and financial service competencies to lever up
earnings creation.  Currently, the origination team is working on a number of
Q4 transactions in Australia and the Americas.  The deal pipeline for Q2 has
prospects in not only these regions but also Europe/Africa and the Middle/Far
East.   Close and regular communication between the metal origination team
and other business units inside Enron is essential if we are to succeed in
building a new capability to achieve earnings targets and deliver shareholder
value through Enron Metals.  Your active involvement and close co-operation
here is appreciated.

Warehousing (Henry Bath & Son Limited)

The Warehousing operations, led by Ed Dablin, operate under the name of Henry
Bath & Son Limited.  Henry Bath has been in business for more than 200 years
and maintains a global operation for the physical handling and storage of
non-ferrous metals, including zinc, tin, copper, nickel, lead and aluminum.
Henry Bath provides support to both the Merchanting and Financial Services
Divisions, and also engages in independent warehousing operations.  Its core
activities include worldwide storage of metals and other products such as
cocoa, general goods and worldwide shipping services.

Presently, Henry Bath maintains over three million square feet of storage
worldwide (most of which is leased), with the largest facilities located in
the United Kingdom (Liverpool, London, Bristol, Immingham), the Netherlands
(Rotterdam), Spain (Bilbao, Barcelona), Singapore, and the United States (New
Haven, New Orleans and Los Angeles).

Rob Soeldner is managing the integration efforts for me.   Please feel free
to contact him at +44 (0)20 7783 7169 with any questions regarding the
business.

Regards
John Sherriff