Hope this helps.....The results box is our model with last years pricing.

Eric

From: Sarah Taylor/ENRON@enronXgate on 04/19/2001 07:14 AM
To: Eric Boyt/Corp/Enron@Enron
cc:

Subject: Highland

Eric,

I am preparing my presentation for Jean and John and I have one quick
question.  You indicated the average gas price was $4.94.  Yesterday you also
mentioned how that valuation would have changed if it would have been
calculated last April.  Do you know what the average price would have been if
calculated last April?  I think this would help put things in perspective.

Thanks
Sarah


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Date: 01/10/2000 19:40:07
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Subject: Re: Billing Question

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----------original message----------
From:  vkaminski@aol.com
To:  billing1@abbott.office.aol.com

Field 1 = Wincenty Kaminski

Field 2 = 10 Snowbird

Field 4 = The Woodlands

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Field 8 = Other (please give details below)

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Just spoke with Pops.  I let him know that his favorite son (ME) will be up
there this evening.  He thinks I'm in Lufkin.


Start Date: 1/2/02; HourAhead hour: 15;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002010215.txt


There will be a Staff Meeting with Kevin Presto TODAY in 32c2 from 4 - 5pm.

Thanks

T.Jae Black
East Power Trading
Assistant to Kevin Presto
off. 713-853-5800
fax 713-646-8272
cell 713-539-4760


I'm looking forward to your discussion regarding the "reregulation threat" at
the next meeting.  Below are some of my observations:

While it's premature to say we have an energy crisis, we are witnessing the
triple threat of high summer gasoline prices, spiking electricity prices, and
high natural gas prices for the upcoming heating season (I'll send along some
of the data).
There is at least the potential for this to become a prominent national
political issue:  Gore has focussed relentlessly on Bush's ties to "big oil"
(which includes us by the way, though we produce nary a drop); and
Congressional republicans have blamed the current administration for failing
to have a coherent energy policy (though, at least so far, the dominant
characteristic of the administration's policy has been a republicanesque
reliance on the market).
Notwithstanding the issue's potential to become political fodder and its
prominence in the popular press, many Americans seem blissfully ignorant, at
least on the electricity issue.  We did some focus group testing recently in
Southern California -- a mere 15 minutes from the epicenter of the San Diego
price quakes -- and most people knew nothing about it.  So, while the issue
has the potential for political traction, it may not have caught on yet
(except in places like San Diego and New York city.
The reaction in California has been to call for government intervention in
electricity markets.  Investigations of out of state "price gougers and
profiteers" have been undertaken and wholesale and retail price caps have
been put in place.  They have not worked -- at least in wholesale markets.
Suppliers are deciding to site plants elsewhere and when prices are high
elsewhere in the West, power flows out of California to those other markets.
Ironically, though I can't explain it in classical economic terms, the
setting of rate caps in wholesale markets has had the effect of pulling
prices up to the capped levels in offpeak times when there is more than
enough supply.  For the most part, though, the caps and the other political
reactions have been somewhat muted: policy makers have been reluctant to
throw the deregulation plan out and start over, and the retail price caps
have been relatively narrow ... so far.
Outside of California, the authors of other states' deregulation plans have
distinguished their proposals from California's.  Regulators and legislators
from such diverse places as Connecticut, Texas and Alberta have gone out of
their way to defend their plans and explain why "California won't happen
here."  For the most part, then, the reaction to California has been positive
from Enron's perspective in states that have already deregulated.  There does
remain some threat that aspects of the state plans (e.g. utility plant
divestiture) may be postponed or cancelled.  The story is a bit more grim in
states that were considering deregulation but have not gone forward with
their plans:  I think it's off the agenda in most places.  The fact that most
of the major markets (about 70% of total electric revenue) are already
deregulated/deregulating is a blessing in that regard.
At the federal level there has been a combination of the "burn the village in
order to save it" approach  -- allow some price caps to remove the pressure
to reverse the whole deregulation program -- and a more positive call for
comprehensive reform.
All in all, I believe we're OK so far and we need to look at this as an
opportunity:  business is booming;  we sell protection from price volatility
and the need for such protection is now plastered over the front pages of
major newspapers.  On the public policy front we need to convert the
controversy into productive action.  Our target has been FERC -- they are
somewhat removed from the white hot rhetoric in California and they are a
single commissioner's vote away from taking action to further open the
market.
Enron's response:  Initially we hoped to feed information into industry
groups and let them carry the message; our concern was that Enron -- a
company which was in and out of the residential market in Cal. -- would not
make the most attractive champion for the open market message.  We hoped that
the new generators in Cal would take up the mantle.  It's fair to say that
they fumbled the ball:  they are now locked in a pitched battle with the
utilities over price caps and fall all to easily into the out of state
profiteer label .... standing between Aunt Millie and rate relief.  They were
also extremely slow out of the blocks with a more productive message.  We are
now working the issue directly.  We are working the issue on a number of
levels: 1) PR - we have good contacts in the press and have talked to
numerous reporters and editorial writers.  As time goes on, the information
and reporting has gotten somewhat better.  2)  Govt relations - we have been
pushing for power plant siting legislation in California (the market wants to
build capacity but the government won't let it).  This may be the best
environment we'll ever see for streamlining the permitting process.  Also, in
typical Enron fashion, we put a deal on the table.  We offered to sell power
to the local utility at a price which would enable them to lock in stable
rates for their customers at below current rates.  Our offer was followed by
nine others and we tried to make something of the fact that the market was
offering better solutions than California politicians.  SDG&E dropped the
ball, unfortunately.  Instead of seizing the opportunity, they ended up going
along with a government granted rate discount which will cause them to accrue
a massive deferral account.  At the federal level we are contacting members,
the DOE and FERC.  Here we are making a push for FERC action to finish
"leveling the playing field" in wholesale markets so power can get from where
it is to where its needed.  Additionally, we are developing a prepackaged
system (including software) for nondiscriminatory open access (to take away
any lingering excuses or delays).  3) Overall messaging -- we have been
working with a well known political pollster to check our messages for their
resonance at the grassroots level.  As we hone these messages we will be
using them in the fora we are currently working.
Overall, we have more opportunity than risk in the current environment, but
capitalizing on those opportunities continues to be a long shot.
An intersting rhetorical challenge for us is this:  much of the problem in
power markets is blamed on high upstream fuel prices, particularly natural
gas.  The gas market is open and structured pretty much the way we are
advocating for electricity, so how can we maintain that the problem in power
markets is an absence of open markets when the most open commodity market on
the planet (natural gas) is producing such outsized prices?  The answer is
somewhat complicated and therefore a bit unsatisfactory in the current
debate:  gas prices are still lower in real terms than they were
pre-deregulation;  long term prices are also lower than historical levels (
the curve is "backwardated" (sp?) meaning that prices in later years are
lower than today so you can buy gas for 3 years at a price lower than current
spot prices); and the economy is booming and driving up demand for basic
inputs (this begs the question: why didn't the market react sooner and avoid
the spike?).  When all else fails, a big part of the problem can be blamed on
OPEC.  We haven't had this thrown at us yet, but we are trying to anticipate
it and have answers at the ready.

 This is just the tip of the iceberg.  The issue is a great example of the
intersection of our business interests with public policy debates and should
promote a lively discussion when we get together.  Let me know if there is
anything else you need.


Tim, my understanding is that partnership fee (the $11.0M) has been amortized
for the last several years and expensed to the Industrial groups (McConville
and Ondarza).  As you are aware, I sued them for breach.  The settlement
involved the elimination of all existing transactions between Ft. James and
Enron including the Wauna and Halsey power contracts.  It is my understanding
that the benefit of the elimination of those shorts resides in the Portland
shop.   The elimination of the shorts would not have occurred without the
lawsuit on the alliance and the settlement I originated.  It seemed logical
to charge the Portland office with the remaining un-amortized fee of $1.8M as
a cost of eliminating the shorts for no cost and no future contingent
liability.

Lets discuss.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 06/16/2000
07:00 PM ---------------------------

	From:  Tim Belden                           06/16/2000 05:09 PM

To: Wes Colwell/HOU/ECT@ECT, David W Delainey/HOU/ECT@ECT, John J
Lavorato/Corp/Enron
cc: Paula Harris/HOU/ECT@ECT
Subject: Fort James Amortization

Edith Cross and I looked at the Fort James deal in great detail in early
1999.  When the deal was closed, west power trading booked an in the money
position and an offsetting expense of about $11 million.  This money has
already liquidated from our book.  In fact, I have a copy of the 3/31/97 DPR
that reflects this liquidation.  At that time, west power trading also paid a
350k credit reserve, 247k to the finance book, and 1.3 million in
origination.

I have also heard about a "partnership" fee that Enron paid to Fort James
around the same time.  I'm not sure what this fee was and who benefitted from
it.  It had nothing to do with the west power trading book.

On John's recommendation I called Wes to see if we could figure this out.
Wes, please give me a call back to discuss.  I think that someone needs to
look at the actual journal entries from March of 1997 to see why an expense
of $11 million was deferred.

This is not my problem.  I should not receive this expense.  Until this is
resolved, I would greatly appreciate it if the writedown of the deferred
account does not hit west power trading's expenses.


Al,

I am not in good enough shape to ride a century right now.  Plus I'm nursing
some injuries.  I can do lunch this week or next, let's pick a day.

Phillip


TASK ASSIGNMENT

Status:		completed

Task Priority:		1
Task Due On:		2/14/2000
Task Start Date:	2/14/2000


Karen,

Here is our first pulp market wrap up.


Thanks Sharon and Rick,

I have one request and one question.

One point that came out from our "dry run" meeting this afternoon with a handful of our top bankers indicated that we need to be very clear on what RAC's responsibilities are.  The slide looks like:

*Market risk management - (followed by brief description of what this means)
*Credit risk management - ditto
*Underwriting - ditto
*Portfolio - ditto

Rick, this will feed into the "What went wrong" slide.

My question is related to the "Cash Colloateral" pg. Is "Net Cash" in the legend supposed to be "Net Cash Margin"?

I will be in office Sat. and probably Sun.

We need to have the complete presentation ready to send to New York for book preparation by Sunday at noon.

Please call me at work if you have any questions.

Thanks for the help,

Kelly

 -----Original Message-----
From: 	Sullo, Sharon E
Sent:	Friday, November 16, 2001 6:03 PM
To:	Boots, Kelly H.; Wolfe, Tony
Cc:	Buy, Rick
Subject:	Revision 6:01pm
Importance:	High

Another update to slide 8.

Thanks,

Sharon

 << File: RAC FAQs_DP4.ppt >>


Here is my summary of our second round summer interviews.  Top 3 candidates below.

1.	Craig -	 Well rounded, Military background, excellent leadership experience (aircraft carrier pilot), did not have a finance background, but performed very well on Harry's analytical interview.  Very personable, confident and sold himself well.  I think he is very interested in Enron and would likely accept.

2.	Victor -	He was a strong candidate in my more subjective interview, but I didn't think he was quite as strong as Ajay.  However he outperformed Ajay in the analytical interview.  With that feedback from Harry I feel comfortable placing Victor ahead of Ajay.  Also very interested in Enron.

3.	Ajay - 	Very polished, presented/sold himself very well, Excellent understanding of Enron's business (did his homework),  Relative to others based on my interview he ranked in the top 2, However did not perform as well as others in the top 4-5 in the analytical interview.  For this reason I'd push him back to number three.

Aside from these three there were two others that are worth discussing.

Casey Jones
Andrew Rosenberg

We Understand these two may have outstanding offers from firms that they are very interested in.  I would not consider either of these two ahead of Craig, but might place Casey ahead of Victor.  However I think Casey is least likely to accept the offer.  My suggestion would be to make offers to Craig & Victor, then consider a 3rd offer to Andrew, recognizing we would likely get a maximum of 2/3.

Lee Jackson


Teco Tap       27.500 / Enron


Rob/Kay,
As discussed in today's meeting, I have the turbine serial numbers for you:

1.  LM 6000 Serial numbers:

Regards,
Tracee
713-345-5688


Mill Run ErrDev is loaded.

The following Turbines are missing:

Jan 22 - #1
Jan 24 - #7
Feb 11 - #1, 5, 9
Feb 8 - #4

Turbine #8 for all of January and most of February had to be rebuilt.  The
most recent ErrDev files from Turbine #8 are good so the problem has been
corrected.

---------------------- Forwarded by Patricia Hunter/EWC/Enron on 03/29/2002
11:08 AM ---------------------------

Patricia Hunter
03/27/2002 11:08 AM
To: Mark Fisher/EWC/Enron@Enron
cc: Jeff Marecic/EWC/Enron@Enron, Hollis Kimbrough/EWC/Enron@ENRON

Subject: Somerset ErrDev

The first loading of ErrDev is complete.   All of the ErrDev for Somerset
have been loaded (29,334 records).  Many duplicates were rejected.

I will be anxious to know if the data in the table meets your needs.

I am working on Mill Run ErrDev as I write this email.


Attached please find the rates for Tuesday, November 13, 2001.  Money Markets did not trade or price on Monday due to the Veteran's Day holiday.  The prices for the auction rate preferred (ARP) stock are as of Friday.  The ARPs traded on Friday in lieu of Monday's close.

If I can be of any assistance, please feel free to call me at 713-853-2386.

Thanks, Julie


SERC-   For Saturday we sold 200MW (HE15-19 for a 5 hour take) @ $80.00.
SCEG and DUKE were bidding in the mid 40's.  Due to TLR's power from the
North could not flow to SERC.  Off-peak bids for Saturday were in the low
teens.  SOCO was an $11 bid for off-peak.  Everyone else in SERC was flat or
a low teen bid.  For Sunday SOCO was a $26 bid during the afternoon peak.
SCEG was a $34 bid.  TLR's prevented any deals getting done with SCEG during
the afternoon.  DUKE, SCEG and SOSO will be on the bid for Monday.

FRCC-   For Saturday we sold power to Florida in the morning but were cut due
to TLR's starting HE11.  Bids in Florida got to as high as mid 60's.  FPL and
FPC were the one's bidding in the mid 60's.  TLR's were not lifted until H/E
1, for H/E 1 we sold FPL $22(100mw's) into JEA.  For Sunday FP&L and TALL
were both on the BID @ $26-35 Hourly in the morning and  BOD @ $ 55-65.00.
Sunday morning we began buying  power from CE  and selling it to FPL and
TALL.  TLR's were called startng H/E 11.  Florida was bidding in the mid 40's
for a 16-hour schedule for Monday.    Offpeak bids were in the mid teens for
both Saturday and Sunday night.

ERCOT-  For Saturday bids were in the low to mid 30's.  Offers were in the
high 40's(CSW and HLP) to mid 50's(TU).  We sold the City of GARLAND $54 for
he 23 and 24.  Their bid was high due to trans. contraints from the south to
north.  They had bought power from San Antonio and Reliant which ended up
being cut.  We ended up buying from CSW(wtu-$48) thinking this was north
enough.  The ISO killed the deal.  They told us that as of Friday WTU will
not be allowed to send out any power when south to north transmission is set
to -0-.  For Sunday bids were in the 30's again.  Reliant and TU told us they
will be bidding for HE 14-21.  We purchased trans. into ERCOT for these
hours.


1. Remedies, Jurisdiction, Arbitration and Governing Law.  Money damages
would not be a sufficient remedy for any breach of this Agreement by
Optionor, and the Optionee shall be entitled to specific performance and
injunctive relief as remedies upon proof of any such breach.  Such remedies
shall not be deemed to be the exclusive remedies for a breach of this
Agreement by Optionor or any of its Representatives but shall be in addition
to all other remedies available at law or in equity to the Optionee.
Excepting the right of Optionee to seek such relief, all claims and matters
in question arising out of this Agreement or the relationship between the
parties created by this Agreement, whether sounding in contract, tort or
otherwise, shall be resolved by binding arbitration pursuant to the Federal
Arbitration Act. The arbitration shall be administered by the American
Arbitration Association ("AAA").  There shall be three arbitrators. Each
party shall designate an arbitrator, who need not be neutral, within 30 days
of receiving notification of the filing with the AAA of a demand for
arbitration.  The two arbitrators so designated shall elect a third
arbitrator.  If either party fails to designate an arbitrator within the time
specified or the two parties' arbitrators fail to designate a third
arbitrator within 30 days of their appointments, the third arbitrator shall
be appointed by the AAA. It is expressly agreed that the arbitrators shall
have no authority to award punitive or exemplary damages, the parties hereby
waiving their right, if any, to recover punitive or exemplary damages, either
in arbitration or in litigation. The place of the arbitration shall be New
York, New York.


Teco Tap       60.000 / Enron ;71.250 / HPL Gas Daily


The Payment status has changed on the following report:

Status last changed by: Steven J. Kean
Expense Report Name: RS122701
Report Total: $420.00
Amount Due Employee: $420.00
Amount Approved: $420.00
Amount Paid: $0.00
Approval Status: Approved
Payment Status: In Progress

To review this expense report, click on the following link for Concur Expense.
http://expensexms.enron.com


I suspect that there are several options.

He is such a sweet, cute, smart thing.  You will like him. He is very very
charming.

From: Suzanne Adams@ECT on 08/02/2000 11:12 AM
To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: Re:

He can be helped though right?  Block out Friday afternoon?

	Kay Mann@ENRON
	08/02/2000 10:58 AM

		 To: Suzanne Adams/HOU/ECT@ECT
		 cc:
		 Subject: Re:

We've known, but is has gotten to be a bigger issue as he has gotten older.

From: Suzanne Adams@ECT on 08/02/2000 10:53 AM
To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: Re:

Are you just finding out?  I know there are things that can be done to help
that situation.  Do you want me to block you out for Friday afternoon as
well.  You need to get this taken care of quickly for Michael's sake.

	Kay Mann@ENRON
	08/02/2000 10:40 AM

		 To: Suzanne Adams/HOU/ECT@ECT
		 cc:
		 Subject: Re:

Michael problems. He has ADD and some other lesser learning problems.  We are
going to meet  with the specialist next week.

I'm going to try to take off Friday afternoon as well.  We are thinking of
changing his school, and Neil and I need to go visit a new one.

HECTIC!

From: Suzanne Adams@ECT on 08/02/2000 09:59 AM
To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: Re:

Are you ok?

	Kay Mann@ENRON
	08/01/2000 06:03 PM

		 To: Suzanne Adams/HOU/ECT@ECT
		 cc:
		 Subject:

Please protect Thursday afternoon, August 10th for me.  I have some important
personal stuff to take care of.


---------------------- Forwarded by John J Lavorato/Corp/Enron on 06/05/2000
01:58 PM ---------------------------

John J Lavorato
06/02/2000 11:49 AM
To: Celeste Roberts/HOU/ECT@ECT
cc: David W Delainey/HOU/ECT@ECT, David Oxley/HOU/ECT@ECT

Subject:

Here are our picks for the incoming class.

Gas

Analysts:

Gabrial Chavez
Nate Blackburn
Phillip Berry (Maybe for Sally Beck or Beth Perlman)
Sachin Gandhi
Miguel Nasser
James Wininger

Associates

Dustin Collins
Vikas Dwivedi
Li Sun

Power

Analysts:

Elizabeth Johnston
Possey Martinez
Gary Justice

Associates:

Doug Seaworth
Dustin Collins
Eduardo Gil
Pearce Hammond
David Maskel
Michael Kelly

Please confirm how many of these we can lock up.

Lavo


this guy  cracks me up
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 05/19/2000
09:09 AM ---------------------------

05/19/2000 08:29 AM
Louis Soldano
Louis Soldano
Louis Soldano
05/19/2000 08:29 AM
05/19/2000 08:29 AM
To: Drew Fossum/ET&S/Enron@ENRON
cc:

Subject: Re: Emma Caplan

Well, if she's "very bright, personable, and enthusiastic" she certainly
won't fit in with us.

I'll follow up with mike and shelly on the person we were thiniking of
splitting for the summer - that may already be a done deal, if not it may
make sense to do something more permanent but we will need to look at
budget...

i could probably use some part time help with Bret Reich exiled to Phase IV
but i should have a licensed lawyer for that.

	From:  Drew Fossum                           05/18/2000 05:50 PM

To: Michael Moran/ET&S/Enron@ENRON, Dorothy McCoppin/FGT/Enron@ENRON, Louis
Soldano/ET&S/Enron@ENRON, Britt Davis/Corp/Enron@ENRON, Shelley
Corman/ET&S/Enron@ENRON
cc: Robert Jones/Corp/Enron@ENRON, Emily Sellers/ET&S/Enron@ENRON

Subject: Emma Caplan

At the suggestion of Robert Jones (you remember him--one of the growing
legion of ex-GPG HR representatives), I interviewed a lady named Emma Caplan
yesterday.  She is the wife of a guy that Enron Networks brought over to
Houston from London.  She is a "Solicitor" in the English legal system, and
got her law degree at the University of Wales.  She has not taken an American
bar exam but may be able to take DC or New York.  For some reason related to
practice of foreign lawyers in TX, she can't take the TX bar until she has
gotten a US law degree.  This person is very bright, personable, and
enthusiastic.  She is extremely interested in working for Enron, either as a
lawyer once she gets her license squared away, or in a paralegal or analyst
position until then. I left a copy of her resume with Emily, and I'd ask that
she please forward it to each of you.  If any of you have need for such an
individual or have ideas she should pursue within Enron (or outside Enron),
please call Robert or myself.  Thanks.  DF


News galore....let's jump into it

Quarterbacks in the News:

QB Chris Chandler (Atl) is doubtful with a concussion. He has not
practiced all week. QB Danny Kanell will start in his place.

QB Rob Johnson (Buf) is expected to sit another week with a sore
shoulder. Doug Flutie gets the start again.

QB Cade McNown (Chi) still cannot throw and will not play this week.
Jim Miller starts in his absence.

QB Doug Pederson (Cle) will start this week, but the coaches may give
him the quick hook should he struggle.

QB Troy Aikman (Dal) practiced with the first team Thursday and is
expected to start this week. If he cannot go because of his back,
Cliff Stoerner would start. Randall Cunningham is also hurt with a
sore knee and has not practiced.

QB Brian Griese (Den) continues to play through his ailments. This
week will be no different.

QB Charlie Batch (Det) has recovered from his concussion and is
expected to start this week.

QB Elvis Grbac (KC) is expected to play with a sore elbow. Hint to
team, Maybe try throwing for less than 500 yards?

QB Daunte Culpepper (Min) does not appear on the injury report, but
has a sore knee. He is expected to start this week.

QB Drew Bledsoe (NE) was seen wearing a splint and did not practice
on Wednesday. The team is being very mum whether he will play or not.
John Friesz would get the start in his absence, but the team could
also use Michael Bishop if Friesz struggles. This is likely a
situation you should avoid if at all possible.

QB Vinny Testaverde (NYJ) still has a stiff neck, but has played
through it the last two weeks. Expect the same this week.

QB Kordell Stewart (Pit) gets the start this week.

QB Jim Harbaugh (SD) is listed as questionable, but he will not
start. The team named Moses Moreno the starter earlier in the week.

QB Brock Huard (Sea) is not fully over his concussion. He is expected
to sit this week. Jon Kitna will get the start.

QB Kurt Warner (StL) is out for another 2-3 weeks.

QB Shaun King (TB) has tonsilitis, but is expected to play on Sunday.
He practiced on Thursday.

QB Steve McNair (Ten) will likely be added today to the injury report
with a sore back. He expects to play on Sunday though.

QB Brad Johnson (Was) is on a bye this week and will not play.

QB Jeff George (Was) is on a bye this week and will not play.

//////////////////////////////////////

Running Backs in the News:

RB Bob Christian (Atl) is questionable with a sore knee. He did not
practice on Thursday.

RB Obafemi Ayanbadejo (Bal) is listed as questionable with a sore toe.

RB Sammy Morris (Buf) returned to practice and will play this week.

RB Tshimanga Biakabutuka (Car) rested Wednesday, but is expected to
play with his sore knee.

RB Brandon Bennett (Cin) is healthy enough to play this weekend. He
will backup Corey Dillon.

RB Jamel White (Cle) is expected to cut into Travis Prentice's
carries this week.

RB Emmitt Smith (Dal) is expected to play with a sore ankle.

RB Howard Griffith (Den) was able to practice and will play this week.

RB Dorsey Levens (GB) is likely out for the rest of the year. Ahman
Green will start in his absence.

RB Shyrone Stith (Jac) missed Wednesday's practice, but he
expects to
play if needed.

RB Ricky Williams (NO) is expected to play with his sore shoulder.

RB Joe Montgomery (NYG) is listed as questionable and did not
practice Wednesday. With Thunder and lightning healthy, he will
likely be rested to get healthier.

RB Curtis Martin (NYJ) is fine, but the Jets continue to list 100
players on the injury report. He will start on Sunday.

RB Tyrone Wheatley (Oak) has two sprained ankles and was held out of
practice on Wednesday. He played through the pain last week, but
looks as if he is in worse shape this week. He will likely be a game-
time decision which is ugly since he plays on Monday Night. We will
keep you posted regarding any breaking news regarding his status.

RB Amp Lee (Phi) is expected to play with a sore back.

RB Chris Fuamatu-Ma'afala (Pit) is out for the next three weeks.

RB Jerome Bettis (Pit) skipped Wednesday's practice, but is
expected
to start on Sunday.

RB Terrell Fletcher (SD) skipped Wednesday's practice, but is
hopeful
of playing on Sunday.

RB Fred Beasley (SF) is doubtful with a sprained ankle. He has not
practiced.

RB Marshall Faulk (StL) is out for another 3 weeks.

RB Robert Holcombe (StL) has a sore hamstring, but expects to play.
He is listed as questionable on the injury report.

RB Eddie George (Ten) is banged up with a sore knee and toe. But look
for the iron-man to suit and play on Sunday.

RB Stephen Davis (Was) will use the bye week to heal his sprained
wrist.

RB Larry Centers (Was) is on a bye this week and will not play.

//////////////////////////////////////

Wide Receivers in the News:

WR David Boston (Ari) has a sore hamstring, but is expected to play.

WR Tim Dwight (Atl) will be downgraded to questionable on
Friday's
injury report. He has sore ribs and could be a game-time decision.

WR Travis Taylor (Bal) was placed on injured reserve and is lost for
the year.

WR Kevin Drake was signed by Buffalo.

WR Muhsin Muhammad (Car) is expected to play with his sore hamstring.

WR David Patten (Cle) has not practiced and is doubtful this week.

WR Darrin Chiaverini (Cle) practiced on Wednesday despite being
listed as questionable with a sore knee.

WR Raghib Ismail (Dal) has a torn ACL and is lost for the year.

WR Chris Cole (Den) is expected to play with a sore elbow.

WR Germane Crowell (Det) will not play this week. He is recovering
from a broken foot.

WR Desmond Howard (Det) missed Wednesday's practice, but is
expected
to play this week.

WR Corey Bradford (GB) is back on the injury report with a quad
strain. He has not practiced and is doubtful for this week.

WR Terrence Wilkins (Ind) was criticized heavily by the coach to the
media this week. Coach Mora has stated that E.G. Green will see more
playing time this week.

WR Marvin Harrison (Ind) has practiced with his stiff neck and will
play this week.

WR Jimmy Smith (Jac) used the bye week to get healthier. He is
expected to play this week.

WR Tony Martin (Mia) is expected to play this week with a sore foot.
He will not start though. Oronde Gadsden and Leslie Shepherd will be
the starters.

WR Terry Glenn (NE) signed a six year contract extension. "She"
should be there for many years to come.

WR Jake Reed (NO) is out with a broken fibula.

WR Ron Dixon (NYG) did not practice Wednesday and will likely be
rested to get healthier.

WR Wayne Chrebet (NYJ) is expected to play with his sore shoulder.

WR Dedric Ward (NYJ) is expected to play with his sore back.

WR Laveranues Coles (NYJ) will also return kickoffs after the team
cut Kevin Williams.

WR Charles Johnson (Phi) is expected to play with a sore shoulder.

WR Sean Dawkins (Sea) was held out of practice Wednesday and Thursday
with a sore quadricep. He is listed as questionable on the injury
report.

WR Terrell Owens (SF) missed Wednesday's and Thursday's
practices
with a very tender toe. He's listed as questionable and could be
a
game-time decision. Tai Streets and JJ Stokes will see extra action
if Owens can not go.

WR Derrick Mason (Ten) is the least hurt of all the receivers and
will start on Sunday. He is battling a sore back and ankle. He
practiced on Thursday.

WR Chris Sanders (Ten) is listed as questionable on the injury
report, but expects to start with his sore back and ribs. He
practiced on Thursday.

WR Yancey Thigpen (Ten) shockingly appears on the injury report as
questionable this week. For those that have followed his career, this
usually means he will not play.

WR Carl Pickens (Ten) is still bothered by a hamstring and was not
able to practice at full speed. He is not likely to make much of an
impact this week.

WR Kenny Shedd (FA) was signed by Washington.

//////////////////////////////////////

Tight Ends in the News:

TE Chris Gedney (Ari) has sore ribs, but is expected to play. He
practiced on Wednesday and Thursday.

TE Derek Brown signed with Arizona.

TE Kris Mangum (Car) will likely be held out one more week with his
ailing shoulder. Casey Crawford gets the start at tight end now that
Wesley Walls is lost for the year.

TE Eric Bjornson (NE) has lost his starting job to Rod Rutledge.

TE Anthony Becht (NYJ) is expected to play with his sore knee.

TE Freddie Jones (SD) has turf toe, but is expected to play through
the pain.

TE Stephen Alexander (Was) is on a bye this week and will not play.

//////////////////////////////////////

Kickers in the News:

PK Matt Stover (Bal) has a sore finger, but it will not keep him from
kicking on Sunday.

PK Mike Vanderjagt (Ind) inked a five year contract extension.

PK Sebastian Janikowski (Oak) left the hospital so he may go on
Monday. He is listed as questionable, but has not practiced. The
Raiders have looked at Brett Conway and Chris Boniol, but have not
signed either one. We will watch this one close for you Friday and
Saturday.

PK Jeff Wilkens (StL) is expected to handle FGs this week. John Hall
was signed earlier in the week and will perform kickoffs and is the
backup to Jeff if he can't kick.

PK Eddie Murray (FA) was signed by Washington.

PK Scott Bentley (FA) was signed by Washington.

PK Kris Heppner (Was) was released after his several miscues cost the
team a victory this past week.

////////////////////////////////

Updated Cheatsheets Nov 10th 1:00pm

Quarterbacks:
1. Grbac, KC (Prob)
2. Green, StL
3. Manning, Ind
4. Garcia, SF
5. Culpepper, Min
6. Griese, Den
7. Brunell, Jac
8. Gannon, Oak
9. Testaverde, NYJ (Prob)
10. Miller, Chi
11. Collins, NYG
12. Fiedler, Mia
13. Blake, NO
14. Favre, GB
15. Beuerlein, Car
16. Flutie, Buf
17. Plummer, Ari
18. Friesz, NE
19. King, TB
20. Kitna, Sea
21. Batch, Det (Prob)
22. Aikman, Dal (Ques)
23. McNabb, Phi
24. McNair, Ten
25. Dilfer, Bal

Running Backs:
1. James, Ind
2. Williams, NO (Prob)
3. Martin, NYJ
4. Taylor, Jac
5. Davis, Den
6. Dillon, Cin
7. Smith, Dal
8. Smith, Min
9. Stewart, Det
10. Garner, SF
11. Redmond, NE
12. Bettis, Pit (Prob)
13. George, Ten (Ques)
14. Smith, Mia
15. Dayne, NYG
16. Anderson, Atl
17. Wheatley, Oak (Ques)
18. Watters, Sea
19. Pittman, Ari
20. Lewis, Bal
21. Morris, Buf (Prob)
22. Biakabutuka, Car (Prob)
23. Watson, StL
24. Green, GB
25. Barber, NYG
26. Prentice, Cle
27. Allen, Chi
28. Richardson, KC
29. Fazande, SD
30. Dunn, TB
31. Alstott, TB
32. Autry, Phi
33. Enis, Chi
34. Anderson, NYJ
35. Anders, KC
36. Canidate, StL
37. Jones, Ari
38. Faulk, NE
39. Kaufman, Oak
40. Warren, Dal
41. Bryson, Buf
42. Fletcher, SD (Prob)
43. Holmes, Bal
44. Anderson, Den
45. Bates, Det

Wide Receivers:
1. Harrison, Ind
2. Bruce, StL
3. Alexander, KC
4. Smith, Den
5. Moss, Min
6. Robinson, Chi
7. Moulds, Buf
8. Smith, Jac (Prob)
9. Brown, Oak
10. Carter, Min
11. Owens, SF (Ques)
12. Horn, NO
13. Holt, StL
14. Johnson, TB
15. Toomer, NYG
16. McCaffrey, Den
17. Boston, Ari (Prob)
18. Glenn, NE
19. Muhammad, Car (Prob)
20. Chrebet, NYJ (Prob)
21. Mathis, Atl
22. Freeman, GB
23. Gadsden, Mia
24. McCardell, Jac
25. Morris, KC
26. Rice, SF
27. Mason, Ten (Ques)
28. Hayes, Car
29. Hilliard, NYG
30. Brown, NE
31. Morton, Det
32. Johnson, Phi (Prob)
33. McKnight, Dal
34. Green, Ind
35. Hakim, StL
36. Ismail, Bal
37. Warrick, Cin
38. Johnson, Cle
38. Sanders, Ari
40. Moore, Det
41. Green, TB
42. Coles, NYJ
43. Graham, SD
44. Schroeder, GB
45. Dawkins, Sea (Ques)
46. Ward, Pit
47. Jackson, Sea
48. Shepherd, Mia
49. Mayes, Sea
50. Conway, SD

Tight Ends:
1. Gonzalez, KC
2. Wycheck, Ten
3. Riemersma, Buf
4. Sharpe, Bal
5. Brady, Jac
6. Dilger, Ind
7. Jones, SD
8. Dudley, Oak
9. Lewis, Phi
10. Williams, StL
11. Harris, Dal
12. Carswell, Den
13. Moore, TB
14. Mitchell, NYG
15. Franks, GB
16. Clark, SF
17. Rutledge, NE
18. Glover, NO
19. Pollard, Ind
20. Davis, Min
21. McGee, Cin
22. Sloan, Det
23. Shea, Cle
24. Kelly, Atl
25. Baxter, NYJ

Kickers:
1. Vanderjagt, Ind
2. Mare, Mia
3. Hollis, Jac
4. Elam, Den
5. Wilkins, StL (Ques)
6. Stover, Bal (Prob)
7. Del Greco, Ten
8. Grammatica, TB
9. Nedney, Car
10. Peterson, KC
11. Anderson, Min
12. Hall, NYJ
13. Janikowski, Oak (Ques)
14. Christie, Buf
15. Vinatieri, NE
16. Hanson, Det
17. Longwell, GB
18. Brien, NO
19. Richey, SF
20. Akers, Phi
21. Seder, Dal
22. Brown, Pit
23. Carney, SD
24. Edinger, Chi
25. Andersen, Atl

Defenses:
1. Miami
2. New England
3. Tampa Bay
4. Pittsburgh
5. Tennessee
6. New Orleans
7. Philadelphia
8. Baltimore
9. Buffalo
10. Detroit
11. Dallas
12. Jacksonville
13. Minnesota
14. Oakland
15. Denver
16. New York Jets
17. Carolina
18. San Diego
19. Green Bay
20. Kansas City
21. Atlanta
22. Chicago
23. Cleveland
24. Indianapolis
25. New York Giants

To unsubscribe from this group, send an email to:
cheatsheets-unsubscribe@egroups.com


Mark,
Please find attached a first Draft of a suggested outline for the Amendment
to the ETA for having 3rd Party Pipelines posting prices on EnronOnline.
Please let me know your comments and how you want to proceed.

Thanks
Carlos


sorry it took me a while to reply
her (and i assume you meant cheryl kinkade) number is 274-7177
are you up for lunch next week?

>>> <Mark.Guzman@enron.com> 11/07/00 10:07AM >>>

Dude, do you have Cheryl's phone number?


Duane,

Sorry I will miss you. I have a meeting with Chester already on my schedule.

Vince

ds64@cyrus.andrew.cmu.edu on 10/31/2000 03:40:40 PM
To: "Vince J Kaminski" <Vince.J.Kaminski@enron.com>
cc: "Chester S Spatt" <cspatt+@andrew.cmu.edu>, "Pierre-Philippe Ste-Marie"
<stemarie@icubed.com>
Subject: GSIA Visit

Vince,

This Friday during your visit I will be in California for a cousin's
wedding.  I am having miserable luck connecting with you.  However, while
you are at GSIA, Chester Spatt (one of my co-authors) would like to meet
with you if your schedule permits.  I am copying him on this email so you
can contact him directly. Please also let Peirre (who is also copied on this
email) know whatever you work out.

See you next time I hope,
Duane

********
Duane Seppi

Graduate School of Industrial Administration
Carnegie Mellon University
Pittsburgh PA  15213-3890

tel. (412) 268-2298
fax (412) 268-8896

email ds64+@andrew.cmu.edu


Team,

Attached is the FINAL draft of the Executive Committee V&V presentation
scheduled for May 15.

As we agreed to in our April V&V meeting, each V&V rep will meet with their
Executive Committee member to review the presentation.  Any and all feedback
concerning the presentation should be forwarded to me by Friday, May 5.

If I don't hear from you by Friday, May 5, with feedback/changes to the
presentation, I will assume that you and your Executive Committee member are
OK with the presentation.

The presentation will be sent to Ken, Jeff, and Joe on Tuesday, May 9.

Thanks for your immediate attention.

Gina


Unless otherwise indicated, we will be producing the month end DPR.  As such, it is important for all of your information to be in by the 5pm deadline today.  Please contact me if you have any questions.

Chris Abel
Manager, Risk Controls
Global Risk Operations
chris.abel@enron.com <mailto:chris.abel@enron.com>
713.853.3102


Well, someone got up on the wrong side of the bed this morning.  Tomorrow is
no problem at all as long as if you are up for a few pina coladas by the pool.

Susan M Scott
08/11/2000 09:24 AM
To: Ted Noble/HOU/ECT@ECT
cc:
Subject: R&R

I know how much you're looking forward to "Ted's Weekend of Rest and
Relaxation" and I also realize that carting me back and forth to the car
dealership wasn't exactly on your list of things to do (bear in mind the
dealership is roughly 5 minutes from your apartment)...So, I'm offering you
an out.  I can find someone else to help me if you want to bail (I know how
important your pool-side time is - Remember it's all about you and your
needs."  Just let me know.

FYI:  Galveston does not look like this...


What is the deal with this glitter thing?


Please find attached the credit worksheet for OESC.  Please be advised this is for a draft ISDA and for discussion purposes only as you will see from my credit worksheet that the cross default amount is still to be determined as I did not have access to the company financial statements while I am up here working in Portland.  Please prepare the draft ISDA and forward it onto Paul DeVries and Chris Gaffney for their further handling.

Thank you
Wendy

PS - I will be out on vacation Mon Nov 26 through Wed Nov 28, and then working in the Portland office until Dec 3rd.


---------------------- Forwarded by Kay Mann/Corp/Enron on 01/10/2001 11:13
AM ---------------------------

Kay Mann
01/10/2001 10:59 AM
To: Lisa Bills/Enron@EnronXGate, Roseann Engeldorf/Corp/Enron@ENRON,
Catherine Clark/Enron@EnronXGate, Ben Jacoby/HOU/ECT@ECT,
f_mitro@hotmail.com, Fred Mitro/HOU/ECT@ECT, Roger Ondreko/HOU/ECT@ECT
cc:

Subject: CA I and CA II assignment agreements

Attached are assignment and assumption agreements for CA I and CA II.

The only changes to the GE form were those changes suggested by Lisa, and a
little clean up.

Kay


Valery,

I may be in Dallas in the next few weeks.
I shall probably come to Dallas one Friday.
 I shall let you know well in advance.

Vince

"Valery Kholodnyi" <vkholod1@txu.com> on 01/04/2001 08:29:37 AM
To: Vince.J.Kaminski@enron.com
cc:
Subject: Re: My model for spikes

Dear Dr. Kaminski,

I would like to apologize for the delay responding, I was on vocation.

Thank you very much for your interest in my work and for your suggestion to
meet
for lunch/dinner. I will be truly happy to do so. In this regard could you
please let me know what day might be convenient for you. Since I am going to
fly
from Dallas, I would like, if possible, to plan it in advance.

I look forward to hearing from you and to seeing you soon.

Sincerely,
Valery Kholodnyi


The NYISO is reserving hours beginning 07:00 and 16:00 in the January 22,
2002 Real-Time Market.

In addition, the NYISO is reserving hours beginning 0:00 through 6:00
in the Hour-Ahead locational reserve market.

Prices in the January 23, 2002 Day-Ahead Market are correct.

Please note that Market Monitoring will no longer be reserving prices due
to ECA-B.  Code modifications were made on December 20th to incorporate
into the Real-Time price, the BME price in the presence of congestion.  The
incorporation is now an automatic process that is prescribed by the NYISO
tariffs.  This message will appear in price reservation announcements
through January 31, 2002.

This e-mail information is a copy of the official posting which can be
found at the following address of our website:
http://mis.nyiso.com/public/htm/OperMessages/CurrentOperMessages.htm#mm

---
You are currently subscribed to nyiso_tie as: benjamin.rogers@enron.com
To unsubscribe send a blank email to leave-nyiso_tie-628650Q@lyris.nyiso.com


Thanks!  I will be placing it on the calendar.  Do you have the icon on your
Lotus Notes workspace desktop?  It's the  "Merchant Finance on ECTHOU_..."
icon.

Marnie Lamb@ENRON
10/17/2000 09:45 AM
To: Dana Davis/HOU/ECT@ECT
cc:
Subject: Re: Vacation

That should be fine.  Just let us know for sure when you know.

	From:  Dana Davis @ ECT                           10/16/2000 02:45 PM

To: Marnie Lamb/NA/Enron@Enron
cc:

Subject: Vacation

Marnie -

I think I need to take a half day of vacation Friday, Oct. 20th.  I am
involved in some church activities next weekend and I won't find out if I
need this time off until tonight or Wednesday night.  Is that too short of
notice?


Please see attached brief note on the above.

Material on the market manipulation question will be ready within an hour or
so.

Seabron

This e-mail, and any attachments thereto, is intended only for use by the
addressee(s) named herein and may contain legally privileged and/or
confidential information.  If you are not the intended recipient of this
e-mail, you are hereby notified that any dissemination, distribution or
copying of this e-mail, and any attachments thereto, is strictly prohibited.
If you have received this e-mail in error, please immediately notify me at
(617) 354-0060 and permanently delete the original and any copy of any
e-mail and any printout thereof.

Seabron Adamson
Frontier Economics Inc
Two Brattle Square
Cambridge, MA 02138 USA
Ph:  (617) 354-0060
Fax: (617) 354-0640
seabron.adamson@frontier-economics.com

www.frontier-economics.com

-----Original Message-----
From: Jeff.Dasovich@enron.com [mailto:Jeff.Dasovich@enron.com]
Sent: Friday, January 26, 2001 8:26 PM
To: Elizabeth.Linnell@enron.com
Cc: Alan.Comnes@enron.com; David.Parquet@enron.com;
James.D.Steffes@enron.com; John.Neslage@enron.com;
Margaret.Carson@enron.com; Mary.Schoen@enron.com; mday@gmssr.com;
Richard.B.Sanders@enron.com; Sandra.McCubbin@enron.com;
seabron.adamson@frontier-economics.com; Steve.Walton@enron.com;
Steven.J.Kean@enron.com; Susan.J.Mara@enron.com
Subject: Re: Urgent - Steve Kean to testify at Senate hearing, need info

One note: recall that with respect to market manipulation, one of the most
common accusations focused on the problems caused by the PX manipulation
the utilities engaged in thanks to their monopsony (demand-side bidding)
market power.

Jeff

                    Elizabeth
                    Linnell              To:     Mary Schoen/NA/Enron@Enron,
David
                                         Parquet/SF/ECT@ECT, Richard B
                    01/26/2001           Sanders/HOU/ECT@ECT, John
                    12:24 PM
Neslage/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
                                         Margaret Carson/Corp/Enron@ENRON,

seabron.adamson@frontier-economics.com, Susan J
                                         Mara/NA/Enron@ENRON, Jeff
                                         Dasovich/NA/Enron@Enron, Sandra
                                         McCubbin/SFO/EES@EES, Steve
Walton/HOU/ECT@ECT,
                                         Alan Comnes/PDX/ECT@ECT,
mday@gmssr.com
                                         cc:     Steven J
Kean/NA/Enron@Enron, James D
                                         Steffes/NA/Enron@Enron
                                         Subject:     Urgent - Steve Kean to
testify at
                                         Senate hearing, need info

Steve Kean will be testifying at the Senate Energy Committee's hearing on
Wednesday regarding California.  Steve and Jim Steffes asked me to contact
you for the following information.  I've listed specific requests for
several people, but am copying many more of you for your input as well.
Anything you can provide by sometime on Monday will be appreciated!

Dave Parquet - Siting of new power plants in California.  Any insight you
can provide regarding the rules, the current climate, what would fix the
current situation, etc.

Richard Sanders - Steve thinks he might be asked about whether the market
was manipulated.  Please provide information on whether this was the case
and who the participants likely were.  What's the current climate regarding
sanctions, etc.?

Mary Schoen - Any information you can provide relating to air emission
issues in California, and specific details for our recommendations
regarding air emissions.

Steve Walton - The status on RTO West, Desert Star, Cal ISO and general
information on RO development.

Sue Mara - Specific ordering language requiring the utilities to buy only
from the PX.  Was it required through legislation or the CPUC, and what
exactly does it mean.  Who was involved in formulating the language?
Information on block forward markets.

Alan Comnes - A copy of the CDWR response and anything they might have
available regarding long term proposals from the government.

Dan Allegretti - We have the e-mail Jim sent regarding the UI deal.  Please
provide more specifics on the deal, and information regarding portfolio
management approach.

Thanks for your help!

 - 01-01-26 SA Memo on PX purchasing and forwards contracting.doc


This all looks fine. Thanks.

Paul Kaufman@ECT
04/05/2001 05:31 PM
To: Richard Shapiro/NA/Enron@Enron, James D Steffes/NA/Enron@Enron, Harry
Kingerski, Janel Guerrero/Corp/Enron@Enron
cc: Jeff Dasovich

Subject: Balkanization

Here's what we (Sue L. and me) want to give to Scott Celey (aid to Gov. Hull
from Arizona).  She's interested in putting together a letter warning about
balkanization for signature by the other Republican governors.


-----Original Appointment-----
From: 	Etienne, Bernadette   On Behalf Of Butler, Pam
Sent:	Tuesday, November 06, 2001 3:35 PM
To:	Butler, Pam; Ratcliff, Renee; Martin, Thomas A.; Allen, Phillip K.; Neal, Scott
Subject:	Phantom Stock Payouts
When:	Thursday, November 08, 2001 1:30 PM-2:30 PM (GMT-06:00) Central Time (US & Canada).
Where:	EB1672

Attendees:	Pam Butler
		Renee Ratcliff
		Larry Lewis
		Tom Martin
		Scott Neal
		Phillip Allen


If your team would like to contribute to this week's newsletter, please submit your BUSINESS HIGHLIGHT OR NEWS by noon Wednesday, October 17.

Thank you!

Kathie Grabstald
x 3-9610


Attached for your review and approval are the press release announcing the
merger plan with Azurix and a Q&A document.  Both have been approved by Mark
Metts and Lance Schuler.  Pending signature of the merger agreement tonight,
we plan to release concurrently with Azurix before the market opens tomorrow
morning.

If you have any comments or changes, please call Mark Palmer at x34738 before
6 a.m. tomorrow.

Thank you.
Karen


For those of you who didn't have the patience/patriotism to listen to your
president for the whole hour and a half last night, let me share a
highlight:  Clinton announced a new $1 billion program for economic
development on the reservations.  Langley may be onto something.  If he/we
can get the first deal done in New Mexico and assuming Gore wins, there may
be opportunities to replicate the deal elsewhere.  I'm thinking of tribal
lands in Minnesota, Wisconsin, S. Dakota, etc.  Perhaps Bill should call
Chairman Ken and talk to him about changing sides.  Notice that I'm not
volunteering to make that phone call. DF


Energy supply setback: Big generator can't be forced to sell emergency power
to the state, a U.S. court rules.
By Denny Walsh and Carrie Peyton
BEE STAFF WRITERS
(Published April 6, 2001)
In a development that does not bode well for California's energy supply, a
federal appellate court Thursday halted enforcement of a lower court order
that a big electricity generator must sell emergency power to the state
without guarantee of payment.
State energy officials said the ruling wouldn't have any immediate effect but
could precipitate a power emergency if the generator decided to take a plant
off-line for maintenance.
On March 21, citing "rolling blackouts (that have) darkened the California
landscape," U.S. District Judge Frank C. Damrell Jr. imposed an injunction
against Reliant Energy Services Inc., one of the nation's major generators.
Houston-based Reliant controls approximately 3,800 megawatts, or about 20
percent, of the gas-fired generation capacity in the state, and Damrell found
that loss of that production "poses an imminent threat."
But Thursday, a three-judge panel of the 9th U.S. Circuit Court of Appeals
granted an emergency stay of the injunction, saying Reliant has shown "a high
likelihood of success on the merits" of its appeal.
While not spelling it out, the panel apparently bases its finding on the
question of the courts' jurisdiction over the energy market. The panel
directed that a hearing on the appeal be scheduled for the second week in
July.
The decision leaves California's electric grid more fragile, at least
temporarily, according to the state Independent System Operator, which
maintains and controls power transmissions.
It gives the agency no immediate recourse if Reliant chooses to shut down any
of its plants for maintenance, said ISO Vice President Jim Detmers.
"It's not going to change anything overnight, and it's not going to change
anything over the weekend," said Detmers. "But if Reliant decided on a
unilateral action to take their units off for maintenance ... we definitely
could have a system emergency."
Reliant officials, when told of the ruling, took a conciliatory tone but
declined to specify their next move.
"Reliant ... has pledged to keep the lights on in California," said company
lobbyist Marty Wilson, and "is still of a mind to want to cooperate."
Without further comment, the appeals court judges cited a 1980 U.S. District
Court decision. In that case, 14 cities sued Florida Power and Light Co.,
alleging that it was violating a number of laws in its sales of power and
production of electricity.
The judge found, however, that the Federal Power Act reserves oversight of
interstate utilities exclusively to the Federal Energy Regulatory Commission.
He ruled that only the commission may bring an action involving energy sales
into federal court -- unless it is a request to review a commission order,
and that goes directly to an appellate court.
The lawsuit before Damrell was brought by the ISO to force Reliant and two
other generators to respond to ISO's emergency orders for power, even though
the agency is buying on behalf of two retailers that are broke and hopelessly
in debt.
Because Pacific Gas and Electric Co. and Southern California Edison can't pay
their bills -- about $14 billion -- some wholesalers want to cut off sales to
the utilities.
The other three defendants in the ISO's suit -- Dynegy Power Corp. of Houston
and Tulsa-based AES Corp. and its marketer, Williams Energy Marketing &
Trading Co. -- have entered into written agreements with ISO to continue
supplying emergency power until the FERC decides whether they are required to
sell to companies that are not creditworthy.
But Charles Robinson, ISO general counsel, points out that the generators can
rescind those agreements with 48 hours' notice.
"My hope is this is a temporary setback," said Robinson. He added, however,
that the practical effect is "at least for now, we don't have a tool to
compel them to do what we believe they're obligated to do" -- respond to
emergency demands for power.
Reliant has insisted since the suit was filed Feb. 6 that Damrell has no
jurisdiction over the rate schedules that govern dealings between generators
and the ISO, and that the Federal Power Act mandates that the FERC must
settle any disputes about terms of those tariffs.
In issuing the injunction, Damrell acknowledged that the FERC has special
expertise concerning agreements between generators and ISO.
"Absent the extreme exigencies of the California power crisis, the court
agrees that a stay pending further action by the FERC would be proper," he
said. "But those are not the facts here. Electricity is in critically short
supply. The health and safety of the people of California are potentially at
risk."
Immediately upon receiving the 9th Circuit's order Thursday, attorneys for
the ISO asked Damrell to set an accelerated schedule for its motion to amend
the suit. The agency apparently has crafted a new complaint stressing its
view that the matter is an ordinary contract dispute over which the judge has
jurisdiction.
Damrell scheduled a hearing on the motion for Thursday.
In a further development that could complicate the state's dire need for
energy, an alternative supplier won a court fight Thursday to bypass the big
utilities and sell its power on the open market.
Timber giant Sierra Pacific Industries, which operates four biomass plants
that produce power for PG&E, obtained a temporary restraining order in
Sacramento Superior Court that says Sierra Pacific is not required to sell
its power to PG&E.
The ruling means PG&E and Southern Edison could lose power as alternative
energy generators, fed up with months of nonpayment, sue to be able to sell
their comparatively cheap product elsewhere, including outside the state.


Hope your move into the new apartment went well.  I'm sure you are going  to
have so much fun living there, especially since you really will have a
roommate now.

Thought I'd give you a little bit of an update regarding Ted...

So I didn't get back to the office until Wednesday last week because I was in
Austin Tuesday for that recruiting trip.  When I got in I of course
immediately checked my email...nothing.  I also didn't have any messages at
any of the 3 phones I can be reached through.  Come Thursday afternoon, still
no interaction...I am pissed.  About 2:00 p.m. he calls.  He asks me about
San Diego and I ask him about Austin...both trips were great.  We discuss
UCLA and UT football for  a while...I of course get riled up.  He informs me
that he is going to be trading corn (yes, you heard me corn) for Enron.
While he is very excited about trading I get the impression he feels a little
overwhelmed and he is a very concerned about how much trading will limit his
vacation time.  He said that he and Darren (the guy he works with) had been
meeting with consultants all week to get up to speed and therefore the week
had pretty much just been one long meeting.  It is around this time that he
brings up the vacation thing and how, to his dismay, as a trader you work
when the markets are open and you're only off when they're closed.  As a
result, he's decided to get in his long visit home ASAP, i.e. "I'm leaving
tomorrow (Friday) to go to California for a week."  I make sure I heard him
correctly and yes he said leaving, tomorrow and  1 whole week (7 days) AND at
no point does he ask to get together before he leaves.  So, that was
Thursday.  I'm down on his floor again on Friday to talk to my old group and,
to my dismay, run in to him.  We exchange pleasantries, I ask him when he's
leaving (5:00 p.m.), he informs me he is going to sleep for the entire week
in an attempt to catch-up, I tell him to have fun and that's that.

Anyway, I was not able to get him out for a drink to find out what's going on
and now I just have to wait.  Any thoughts?

Talk to you soon,
Susan

******** Humor is the best medicine.********

So I'm thinking of taking that T-shirt Ted gave me and writing this on the
back of it...

I dated Ted Noble and all I have to show for it is this lousy t-shirt.

Dont'cha love it?


Bill,

I enjoyed talking with you about our potential software needs.  It sounds
like you may have something to offer in which we are interested, and we are
looking forward to a visit from you or one of your representatives in early
January.   If you want to contact me, I can be reached at 713-345-7229 or by
reply to this E-mail.

Thank You,

Charlie Weldon


Mark Palmer
	11/01/2000 03:42 PM

		 To: James D Steffes/NA/Enron@Enron
		 cc: David Parquet/SF/ECT@ECT, Jeff Dasovich/NA/Enron@Enron, Joe
Hartsoe/Corp/Enron@Enron, Karen Denne/Corp/Enron@Enron, Mary
Hain/HOU/ECT@ECT, Mona L Petrochko/NA/Enron@Enron, mpalmer@enron.com, Paul
Kaufman/PDX/ECT@ECT, Richard Shapiro/NA/Enron@Enron, Sandra
McCubbin/NA/Enron@Enron, Sarah Novosel/Corp/Enron@Enron, skean@enron.com,
Susan J Mara/SFO/EES@EES, Tim Belden/HOU/ECT@ECT
		 Subject: Re: Message Points

I think we should shy away from the 300 MW message.  It's getting in the way
of the positive message, and the math turns out to be a bit "Goreish."
(read: fuzzy)  I found myself wandering down all sorts of blind alleys in my
spin to Dow Jones.  I say we generalize it more.  Something to the effect of
"The price caps send the wrong message to the marketplace.  Whether it's gas
lines in the seventies or bread lines in the old Soviet Union, price caps and
market intervention cause problems."

Mark


I need you to sign something right away.  Where are you?


Please come join for a resume review meeting.  We will select candidates to
interview for the Enron Analyst Program.  The meeting will take place in EB
11C2.  I look forward to seeing you

*** Please note, today were in our second round interviews with the
University of Houston Clear Lake.  I will let you know tomorrow, which
candidates have been selected to return for a Super Saturday.***


Ray,
 Commissioner Hebert may have been more accurate than he supposed in his
"Freudian slip". The contingency reserve standard in WSCC is the greater of
the largest single contingency or of a quantity equal to the sum of 5% times
the load portion served by hydro plus 7% for the load portion served by
thermal units.  For 1000 MW served half by hydro and half by thermal, the
contingency reserve would be 60 MW (500 MW *.05 + 500 MW * .07) for a total
of 6%.  As a result, Hebert could be right that price mitigation would be in
place all the time, although I don't think that was what was intended.

 Even if you are meeting the WSCC standard pre-contingency in an all thermal
system (7% reserve standard), every time a unit trips off line the reserve at
that point drops below 7% until more generation comes on line.  Did the FERC
mean to include this contingency recovery period as "any time the reserve is
below 7%?"   These are among the problems we are proposing to address in our
comments to FERC on the order.

Steve

	Ray Alvarez@ENRON
	05/03/2001 05:54 PM

		 To: Steve Walton/HOU/ECT@ECT, Susan J Mara/NA/Enron@ENRON, Alan
Comnes/PDX/ECT@ECT, Leslie Lawner/NA/Enron@Enron, Rebecca W
Cantrell/HOU/ECT@ECT, Donna Fulton/Corp/Enron@ENRON, Jeff
Dasovich/NA/Enron@Enron, Christi L Nicolay/HOU/ECT@ECT, James D
Steffes/NA/Enron@Enron, jalexander@gibbs-bruns.com, Phillip K
Allen/HOU/ECT@ECT, Tim Belden/HOU/ECT@ECT, Christopher F Calger/PDX/ECT@ECT
		 cc:
		 Subject: House and Senate Energy Hearings Today on California/Western
Electric Situation

I was at the Senate hearing today on FERC's market Monitoring and Mitigation
order, and I would add only a few additional and interesting
regulatory-related details to John's fine summary:

The hearing was contentious- among the Senators themselves, among the FERC
Commissioners themselves, and the interchanges between them.

Gas prices were controversial.  Commissioner Massey kicked off the discussion
on this issue citing a transport basis differential into CA of $10, when it
was less than a dollar in other areas.  He then noted that the high gas cost
would adversely affect the power price under the auction, and that FERC must
act regarding the high transport differentials- "We will never get a handle
on electric prices unless we get a handle on gas prices".  That opened the
floodgates of discussion, culminating with the announcement by Commissioner
Breathitt of FERC's technical conference (notice of which issued today) on
the topic of current and projected interstate pipeline capacity, and adequacy
of infrastructure within CA.  She said that this would shed light on basis
differentials and gas prices.

Freudian slip?  Chairman Hebert was heard to say by various attendees that
price mitigation in the WSCC would apply at all times (in contrast to the
order, which proposes mitigation only during times when reserves reach/fall
below 7%).  Whether he mis-spoke, or not, remains to be seen.

Regarding the issue of how often mitigation would be invoked in CA (i.e.,
Stages 1, 2 or 3):
 Hebert opined "Most of the time".
 Breathitt said "Likely 80-85% of the time".
 Massey was unconvinced.

Several Senators railed at the Commission for "not doing its job" and
threatened that if the Commission did not act, Congress would act.

If you have any questions or need additional detail, please feel free to
call.  Ray

---------------------- Forwarded by Ray Alvarez/NA/Enron on 05/03/2001 06:09
PM ---------------------------

John Shelk
05/03/2001 05:49 PM
To: Steven J Kean/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron, James D
Steffes/NA/Enron@Enron, Mark Palmer/Corp/Enron@ENRON, Linda
Robertson/NA/Enron@ENRON
cc: Tom Briggs/NA/Enron@Enron, Ray Alvarez/NA/Enron@ENRON, Joe
Hartsoe/Corp/Enron@ENRON, Phillip K Allen/HOU/ECT@ECT, Tim
Belden/HOU/ECT@ECT, Chris Long/Corp/Enron@ENRON

Subject: House and Senate Energy Hearings Today on California/Western
Electric Situation

I attended both the House and Senate energy committee hearings today.  House
hearing was in the Barton Subcommittee (Energy & Air Quality).  Senate
hearing was on last week's FERC order on a "soft price cap" and related
issues.  The House witnesses were dominated by California officials: Cal
Energy Commission, Cal Air Resources Board, Chairman of Gov Davis Generation
Implementation Task Force.  In addition, there were witnesses from the
Western Area Power Admin and Bonneville PA.  The Senate witnesses were the
three FERC commissioners.

HIghlights

Chairman Barton said it is still his intention to try to mark up the Barton
bill, H.R. 1647 next week (many on and off the Subcommittee doubt this will
happen; we are gathering political intelligence on those prospects and will
report back with more information and conclusions once that is done);
Chairman Barton also said he may go to California next week.
There was considerable emphasis at both hearings about the alleged role that
higher natural gas prices into California play in the electric power rate
increases; several witnesses focused on difference in alleged transportation
costs for similar differences between California and non-CA states; FERC at
the Senate hearing said that today the commission announced a staff technical
conference for later this month on all aspects of the natural gas market as
it relates to California; a House member from Southern Illinois coal country
attacked California for using only natural gas in its new power plants.
The House witnesses, primarily BPA but also the California witnesses,
attacked the negawatt provision in sec. 102 of the Barton bill; the criticism
was that BPA would be forced to purchase power on the open market at a high
price since it is short, sell it to the DSIs under contract; let the DSI sell
it at market rates and capture the difference; BPA witness said that thus
sec. 102 would make it difficult if not impossible to implement their
strategy to avoid as much as a 200 percent rate increase on 10/1/01; BPA
testimony will make it tough for Members of Congress from that service region
to support sec. 102.
Both hearings also touched on how difficult it would be to actually devise a
price cap; at the House hearing, none of those advocating a price cap among
the witnesses could answer excellent questions about exactly how this could
be done; the witnesses just said "cost plus a reasonable profit" and said
leave the details to FERC; at afternoon Senate hearing, Chairman Hebert had
the staff bring in 15 boxes from one FP&L case to show how a price cap would
take too long to bring any relief to California this summer; he said last
week's soft price cap is much better.
Also on the price cap, Rep. Walden (R-OR)  got the Cal Energy Comm chair to
admit that if the price caps had been in place earlier, California would NOT
have taken the conservation and new generation steps that it has taken
recently.
The interplay among the FERC commissioners was much more contentious than it
was a House hearing on Tuesday, although it could have been worse; when
Senate Chairman Murkowski (R-AK) said that "help is on the way" in the form
of the nominees for the two vacancies, Sen. Dorgan (D-ND) made a comment that
suggested that the confirmation process will not be smooth; the same concern
came from the interplay among the Senators, which was also somewhat
contentious at times.

Please advise if you have any questions or would like further details.


Stinson,

Should we make arrangements for lunch?
What about inviting Brad Romine: he was instrumental in
forming this relationship?

Vince

Shirley, please include on my calendar.

Stinson Gibner
03/06/2001 04:10 PM
To: Shirley Crenshaw/HOU/ECT@ECT, Sandeep Kohli@Enron, Anshuman
Srivastav/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt, Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Jeff Shankman Briefing

We are on Jeff's calendar from 2:00-2:30 on Friday, March 9th.

Vince:   EBS meetings are currently 9-10 AM in 19c2:  discussion with Paul
Racicot
 and      1-2 PM   (location TBA)  Giuseppe Paleologo  presentation on IP
trading.

--Stinson


how about those dutch, or dutchesses

 -----Original Message-----
From: 	Broderick, Paul J.
Sent:	Wednesday, September 05, 2001 12:17 PM
To:	Arnold, John
Subject:	RE:

i can't do it tonight- that will be a great game though.

how about those irish!

pjb
 -----Original Message-----
From: 	Arnold, John
Sent:	Wednesday, September 05, 2001 11:00 AM
To:	Broderick, Paul J.
Subject:

any interest in catching the us soccer game tonight?  me thinks it starts at 9


-----Original Message-----
From: 	Hanagriff, Richard
Sent:	Monday, July 23, 2001 4:12 PM
To:	Schoolcraft, Darrell; Blair, Lynn; Dietz, Rick; Corman, Shelley; Geaccone, Tracy; Fancler, Dan; Moseley, Debbie; Ward, Linda; Hernandez, Bert; Minter, Tracy; McEvoy, Christine; Giambrone, Laura; Lohman, TK; Watson, Kimberly; Moore, Jan; Mulligan, Amy; Lindberg, Lorraine; Lokay, Michelle
Subject:	TW imbal summary

The attached summary will be discussed after the gas control meetings tomorrow  (Tuesday 7/24/2001)


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/19/2001
05:12 PM ---------------------------

"Dale M. Nesbitt" <dale.nesbitt@worldnet.att.net> on 01/18/2001 01:34:51 PM
Please respond to <dale.nesbitt@marketpointinc.com>
To: "Vincent Kaminski" <Vince.J.Kaminski@enron.com>
cc:
Subject: Demonstration Proposal Status/Meeting

Vince:

I have come up for air since the holiday and all the machinations that have
befallen the California power markets.  Great for consultants and
independent generators and inbound FT owners but not perhaps so great for
others.  Lots of entropy in the system indeed!

I plan to be in Houston next week from Tuesday through Friday and would like
very much to get 1/2 hour of your time to kick off the demonstration project
I proposed just before Christmas if you are ready.  We are ready to provide
the top quality service that will be needed to give you and your gas guys
the concerted demonstration project you wanted.  I would prefer any time
Friday 1/26 or Wednesday 1/24 first thing in the morning if you have
flexibility.

We were able over the holiday to really make a lot of progress on finalizing
all of our fundamental modeling technologies--short and long run gas and
short and long run electricity.  I am really jacked up how our long run
models are predicting the amount of capacity that can profitably be absorbed
in ERCOT and where, the amount of capacity that can profitably be absosrbed
in California and the WSCC and where, and where gas price basis is likely to
go.  As you saw, our long run capacity addition technique is quite unique,
and I have not yet introduced the long run electric and gas models broadly
in the industry.  It is possible and realistic for Enron to get first mover
advantage (or perhaps more) based on the results of the demonstration
project we discussed.  Let's talk about that next week when we meet.

If you could confirm one of the two suggested times via email or phone at
650.218.3069 in the next day or two, that would be terrific.  I look forward
to seeing you again and to working together.

Also, I would like to get your advice regarding prospective investors in
MarketPoint.  I am starting to get serious inquiries from large companies
you know well who want to invest in MarketPoint as an equity paly, but I am
very reluctant to consider such investments by organizations other than
absolute, unequivocal industry leaders such as Enron.  I remember discussing
this briefly with you, but I would like to get your input with the benefit
of six more months thought if you would be willing when we meet.

Thanks, and all the best.
Dale Nesbitt


We have received an executed Assignment, Transfer and Termination Agreement
by and among ENA, ONEOK Energy Marketing and Trading Company, L.P. (f/k/a KN
Marketing, L.P.) ("ONEOK L.P."), and ONEOK Energy Marketing and Trading
Company, II (f/k/a ONEOK Gas Marketing Company) ("ONEOK II").  This Agreement
assigns all transactions and the April 6, 1996 ONEOK II Master to ONEOK
L.P.,  terminates the April 13, 1995 ONEOK L.P. Master, and assigns all
transactions entered into under the April 13, 1995 ONEOK L.P. Master to the
April 9, 1996 ONEOK II Master.  All future transactions will be done with
ONEOK L.P., with ONEOK II executing all documents as General Partner of ONEOK
L.P.

Documents will be distributed.

Stephanie


Please review the attached (one page list) and see if you are aware of any
additional lawsuits.  This list will become part of a general review of prior
documents and issues to make sure that our closing documentation covers as
many of the risks as possible.  Thanks.

 - #1194726 v1 - LITIGATION LIST - PNE.doc


George & Larry,

 If possible,  I would like to get together in Columbus as Larry suggested.
Thursday afternoon is the only day that really works for me.
Let me know if that would work for you.  I was thinking around 2  or 2:30 pm.

I will try to email you any questions I have from the latest proforma
tomorrow.

Phillip


Janie, per our telephone discussion this morning, attached is the file
containing the above-referenced agreement.? Please review, and if it meets
with ENA's approval, please mail two partially signed agreements to my
attention for SoCalGas' completion.? If by chance there are changes to the
agreement's notices section, please let me know, and I will send you a
revised agreement.

If you have any questions, please give me a call.

Thanks for your prompt attention.

 <<ENAMstrNetngAgrmt.PDF>>

Angie Garfio Ishikawa
Southern California Gas Company
Gas Acquisition
Tel. No. (213) 244-3862
Fax No. (213) 244-8285
aishikawa@socalgas.com

 - ENAMstrNetngAgrmt.PDF


Andy:

How are you?  I would like to thank you for hosting us in Houston a couple
of weeks ago.  The entire Kiodex team had a great time and felt very good
about what we accomplished on that trip.  On a personal note, I was very
excited about our conversation on all of the straight through processing
opportunities that we could pursue together, once this deal is closed.

I have since spoken to Jay, Drew and our counsel and understand that we are
in the homestretch of closing our deal.  This is great news.  I think there
is only one open issue (historical trade feed) and one other one that needs
further clarification (web site placement).  I would like to set up a brief
phone call with you so we can put these to bed.  I have some ideas to make
this a win-win for both of us.

Are you available in the next couple of days?

Cheers,

Raj

Raj Mahajan
President
Kiodex, Inc.
+1 877 6 KIODEX
+1 646 437 3871   direct
+1 646 437 3832   fax
www.kiodex.com


FYI... Marathon attended the Town Hall session last week with Loretta Lynch...

 -----Original Message-----
From:  Sandra Yamane <SYamane@marathon-com.com>@ENRON
[mailto:IMCEANOTES-Sandra+20Yamane+20+3CSYamane+40marathon-com+2Ecom+3E+40ENRO
N@ENRON.com]
Sent: Thursday, July 26, 2001 5:07 PM
To: Denne, Karen
Subject: Loretta Lynch at Town Hall

Loretta Lynch today addressed Town Hall Los Angeles.  Approximately 120
people were in attendance.

Before her remarks, it was announced that Ken Lay had postponed his Town
Hall engagement.  Adrienne Medawar (Town Hall President) said she was very
disappointed but that Mr. Lay was committed to rescheduling at a later date.

Lynch provided a brief overview of electricity regulation in California and
the Federal Power Act.

After denouncing the "blame game" and stating that she had been on the
receiving end of a coordinated attempt to assign blame, Lynch proceeded to
place blame on former Gov. Wilson, the 1996 legislature that adopted AB
1890, FERC, and merchant generators and sellers.

Lynch discussed 5 myths of deregulation:

#1.  California deregulated its system in 1996.  Lynch stated that
California did not deregulate, rather that California federalized
electricity prices.  Despite market manipulation, FERC failed to enforce the
law.  This resulted in the largest transfer of wealth in US history.

#2.  California's problem is simply a lack of supply.  Lynch showed charts
depicting the amount of supply off-line last December.

#3.  Long term contracts would have solved the problem. The facts prove this
wrong.  Since Jan. 2000, only 10 requests were made for contract authority.
Rushing to long-term contracting could prove to be quite costly. Over
contracting may lead to excess supply.  Forward contracting also prohibits
initiatives such as direct access.

#4.  Early rate increases would have solved the problem.  The PUC raised
rates when it was demonstrated that it was necessary and did so within 90
days.

#5  Sellers will exercise self control.  All evidence points to the
contrary.  California deregulation was designed in speculator's interest.
Prices went down only because of FERC action.  High prices demonstrate the
need for government regulation in cartel situation.

Lynch offered the following suggestions to fix and improve the current
situation:

1.  Expand renewable energy and energy efficiency
2.  Forge a relationship with the "new" FERC
3.  Hold those who broke the rules accountable
4.  Make sure there is adequate supply at reasonable prices

Questions from audience:
Is it true that DWR will be able to set rates?  Yes, AB1X transferred PUC's
role of evaluating reasonableness to the DWR.  PUC cannot disallow pass
through of costs.

Will state intervention remove incentive of private business to invest in
California's electricity market?  No.  The facts bear that theory out as a
red herring.  Even with $250 price cap in place, many companies applied for
permits to build power plants.

What legal recourse do we have?  PUC has joined with the Attorney General to
investigate generators and sellers. "I believe they stepped over the line.
They were sloppy about it."  We've been thwarted by confidentiality
agreements, but justice will prevail.


Sir,

I just got word that your bottom line needs to be 2,200K.  This is net of
Corp Charges and Intercompany billings.  In order to get to this number, we
have to reduce your budget by 83K.  Do you have any suggestions in which
category(ies) we need to reduce?

 Budget  10,521,000
 I/C billings   8,238,000
 Subtotal   2,283,000
 Per Delainey   2,200,000
 Need to dec by      83,000

Here are my suggestions based on Oct expenses:

 Category   Oct expense  Budget  Decrease Yearly amount

 Periodical/subscription  5,200   10,000  3,000  36,000
 Tuition and Reimbursement 11,000   21,000  4,000  48,000

This will bring you to the bottom line suggested by Delainey.  Please let me
know your decision by November 21.  If you have any questions, call me at
5-7094.  Thanx.


Great.  If not, have a great weekend.  (Do you want me to send you that
calculator I was telling you about?)

Alma Martinez@ENRON
01/19/2001 03:30 PM
To: Jeffrey A Shankman/HOU/ECT@ECT
cc:
Subject: Re:

I'll call you if I can make it.


Enron announced today that its common stock will now be traded as an Over-the-Counter (OTC) equity security under the symbol "ENRNQ."  This follows a decision by the New York Stock Exchange (NYSE) to file an application to delist Enron's common stock, which means that Enron's common stock and related securities are suspended from trading on the NYSE.  Enron is considering whether to appeal the NYSE's decision.

The NYSE has standard criteria for listing stocks, which can be found on their website at www.nyse.com.  Enron recently fell below the following listing criteria: average closing price of a security less than $1.00 over a consecutive 30 trading-day period.  Quotation service for Enron's stock will now be provided by the National Quotation Bureau, LLC "Pink Sheets."


---------------------- Forwarded by Judy Hernandez/HOU/ECT on 10/18/2000
03:25 PM ---------------------------

Regina Blackshear@ENRON
10/18/2000 03:23 PM
To: ashp_2@yahoo.com, Yolanda Clay<yoclay@flash.net>, Amber.Ebow@enron.com,
Loneta Edison<Loneta.Edison@wcom.com>, NAGILL443@aol.com, Tammy Green
<tcgreen@flash.net>, GRHRDH@aol.com, "R Jordan"<rhondamjordan@hotmail.com>,
"BENEDICT PETERS"<bouncing98@hotmail.com>, sreynolds@cappellen.com, Diane
Salcido/Corp/Enron@Enron, Angela Barnett/HOU/ECT@ECT, Nikki
Johnson/NA/Enron@Enron, Amber Limas/HOU/EES@EES, Eve
Puckett/Corp/Enron@ENRON, Leslie Smith/HOU/ECT@ECT, Judy
Hernandez/HOU/ECT@ECT, Ambroshia Hunter-Perry/NA/Enron@Enron, Sandra R
McNichols/HOU/ECT@ECT, Julissa Marron/Corp/Enron@ENRON
cc:
Subject: FW: Jesus

(See attached file: Jesus.pps)

 - Jesus.pps


---------------------- Forwarded by Benjamin Rogers/HOU/ECT on 10/30/2000
05:55 PM ---------------------------

Benjamin Rogers
10/30/2000 05:29 PM
To: JDaigh@Utilicorp.com
cc:
Subject:

John:
Here is the '01 Operating Budget.  Please let me know if you have any more
questions.  Thanks!
Ben


Dear Derivatives Week subscriber:

Catch the latest breaking news in this week's issue by clicking
here: http://www.derivativesweek.com

Top stories this week:
_______________________________________________________________
TAIWAN BANKS SET TO ENTER SWAP MARKET FOR CHEAP DOLLAR FUNDS.
Taiwan-based banks are planning to exploit the ballooning interest rate
differential between
Hong Kong and U.S. dollars in order to achieve cheaper dollar financing.
Several banks are
planning their first Hong Kong dollar-denominated issues, including
Chinatrust Commercial
Bank.
?
PLAYERS CHARGE INTO EURO FLATTENING TRADES.
Several banks were seen putting on flattening trades in the euro swaps market
last week.
Deutsche Bank, for example, put on a flattening trade in the 10 and 30 year
sectors.
?
TAIWAN REGULATORY CHANGE GOOD FOR FOREIGN BANKS.
Recent regulatory changes in Taiwan will likely be a boon for foreign banks
in the warrants
business, as the new rules will encourage local securities houses to partner
with them.
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---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 09/08/2000
05:44 PM ---------------------------

Youyi Feng@ENRON
09/08/2000 05:18 PM
To: Vince J Kaminski/HOU/ECT@EC
cc:
Subject: Re: your mail

Dear Vince,

      The following message is from co-PI, Prof. Baichun Xiao in Long Island
University.
In this message, he told me how Enron would be registered. To my best
knowledge,
IBM, Lucent and other big companies have registered in NSF for long.
Your kindly understanding is acknowledged very much.

     Good weekend,

Youyi
---------------------- Forwarded by Youyi Feng/NA/Enron on 09/08/2000 03:08
PM ---------------------------

Baichun Xiao <bxiao@liu.edu> on 09/07/2000 09:39:38 AM
To: Youyi.Feng@enron.com
cc:

Subject: Re: your mail

Dear Youyi:

The person in charge of external grants in your company needs to contact
nsf by calling the following numbers for institution registration.

FastLane User Support: 1-800-673-6188.
FastLane Availability (Recording): 1-800-437-7408.

After enron is registered (I think it's a free registration), you provide
the following information to the enron official so he/she will send it to nsf.
NSF will assign you a password for future access to electronic submission
(called fastlane). Since all proposals have to be submitted through
fastlane after Oct. 1, 2000, this is the must.

Name
Highest Degree
Year Conferred
Present Institution
Department
Street Address
City
State
Zip Code
Social Security Number (SSN)
Email Address
Business Phone Number
Business Fax Number

For more information, you may go to

www.fastlane.nsf.gov/fastlane.htm

Baichun
At 05:14 PM 9/6/00 -0500, you wrote:
>
>Dear Baichun,
>
>       I am having no idea about contacting NSF while the
>managing director of this research group has kindly agreed
>on doing anything he can to help us pursue fund rising.
>Please let me know how enron can put my profile into NSF's
>database officially.
>
>      The first four pages of the project application have been revised by
>me. I do not
>really know if you like the revision. Appended is the primary
>and description of the project document files.
>
>Best regards,
>
>
>Youyi
>
>(See attached file: Project Summary.doc)(See attached file: Project
>Description.doc)
>Attachment Converted: "c:\bcx\res\eudora\attach\Project Summary.doc"
>
>Attachment Converted: "c:\bcx\res\eudora\attach\Project Description.doc"
>


great...just have Thomas come down when he can.

fletch

 -----Original Message-----
From: 	Imai, Rika
Sent:	Tuesday, September 04, 2001 1:12 PM
To:	Sturm, Fletcher J.
Subject:	RE: Thomas Lowell

should be around 4pm

i have also mentioned to gus that you  may ask him to help you out with any project/research needs

thanks

rika

 -----Original Message-----
From: 	Sturm, Fletcher J.
Sent:	Tuesday, September 04, 2001 12:36 PM
To:	Imai, Rika
Subject:	Thomas Lowell

rika,

could you arrange for Thomas to meet with me today @ 3:30 or sometime soon thereafter?  thanks,

fletch


Deskheads:

After this week I was going to discontinue lunches other than bidweek for everyone except EOL traders.  There are too many people going downstairs to get their lunch and your cost center is being charged daily whether people eat or not.  I have had a couple of you approach me that you still would like for your groups to be included in daily lunches.  Please email me by tommorrow and let me know if you would like to continue.   For those that do not, I will notify your groups that this Wednesday will be the last day for their groups to eat.

Thank you,
Ina Rangel
Administrative Coordinator
Enron North America
713-853-7257 Voice
713-646-3604 Fax


Jeff & Steve -

Just a reminder that you are currently scheduled to meet each other upon your
respective arrivals in
Los Angeles (approx. 9 am) on Monday, Nov. 27th at Continental's Presidents
Club near Gate 62,
along with Eric Beal of Fontheim International (sp?), who will also be
accompanying you to your meeting.

Joseph


---------------------- Forwarded by Scott Neal/HOU/ECT on 10/05/2000 04:23 PM
---------------------------

Scott Neal
10/05/2000 04:09 PM
To: Phillip K Allen/HOU/ECT@ECT
cc:
Subject: Fwd: FW: Montana Forest Fire picture

---------------------- Forwarded by Scott Neal/HOU/ECT on 10/05/2000 04:09 PM
---------------------------

Scott Neal
10/05/2000 01:41 PM
To: sneal12@mindspring.com
cc:
Subject: Fwd: FW: Montana Forest Fire picture

---------------------- Forwarded by Scott Neal/HOU/ECT on 10/05/2000 01:41 PM
---------------------------

	From:  Andrea Ring                           10/05/2000 01:12 PM

To: Scott Neal/HOU/ECT@ECT
cc:
Subject: Fwd: FW: Montana Forest Fire picture

---------------------- Forwarded by Andrea Ring/HOU/ECT on 10/05/2000 01:12
PM ---------------------------
   Michele Winckowski @ ENRON                10/02/2000 02:04 PM

To:
cc:  (bcc: Andrea Ring/HOU/ECT)
Subject: Fwd: FW: Montana Forest Fire picture

Subj:    Montana Forest Fire picture
This is awsome and at the same time rather chilling.  Mother nature is
spectacular
This awesome picture was taken in the Bitterroot National Forest here in
Montana on August 6, 2000 by a fire behavior analyst from Fairbanks,
Alaska by the name of John McColgan with a Digital camera.  Since he was
working while he took the picture, he cannot sell or profit from it so he
should
at least be recognized as the photographer of this once in a lifetime
shot

 - ATT09176.jpg


See attached


Kate Cole's office sent me down your executed certificates, and I am going to
Fedex them over to you.  Have a nice holiday!