FYI,
I wanted to let you guys know of an OA problem that I am seeing on the
central desk for december 2000.  It appears deals that are gas daily priced
deals are being priced incorrectly in Unify.  Two gas daily publications came
out at the end of the year.  The publication on the 29th was for trans. dated
the 28th and flowing the 29th.  The next gas daily publication  came out on
the 2nd of Jan. and was for trans. 29th flowing the 1st adn 2nd.  We flashed
gas daily prices for the 30th & 31st that equalled the GD publication of the
2nd.  This is correct, we should pay sat. and sunday based on Monday's
price.  Settlements paid the 30th & 31st at the 29th's price.  I am going to
give Bryce a call, I just wanted to share this with you since you should be
seeing OA forms starting today for Dec production.  If you disagree with my
logic, please give me a shout. Thanks.
PL


Jeff -- I've put together Ken's script for a phone call to Dick Riordan.
Please review the following and let me know ASAP if you have any changes.
Thanks! kd

Ken -- Thank you for making next Thursday, May 17 available for CEO meetings
in California.  We are working to set up two meetings -- one in Los Angeles
and one in Silicon Valley (we'll call on Scott McNealy's contact person to
help pull the Northern California meeting together).   For the Los Angeles
meeting, we'd like you to call Mayor Dick Riordan and ask for his help in
pulling together a group of key, influential business leaders.   As
background, Riordan is a very wealthy Republican businessman who has been
term-limited out and has not yet made public his future political aspirations
(a bid for governor has been mentioned by insiders).

You might congratulate him on helping to settle the Writer's Guild strike and
ask if he'd now like to resolve the energy crisis (He's in a bit of a spat
with Dave Freeman over who can claim credit for LADWP's success during this
energy situation -- see attached LA Times article).

This is an opportunity for Riordan to help broker a solution, and that's why
you're calling him.  You met with Robert Day (Trust Co of the West) who
suggested that you call Riordan and enlist his support.

Explain about our comprehensive solution -- business support is critical to
garner political support.

You'll be in Los Angeles next Thursday.  Ask if he could invite and host a
meeting of key business leaders and introduce you.  I've attached a suggested
list of prominent businessmen, close associates and personal friends of
Riordan's.  We'd like to position this meeting as an insider's conversation
of what's going on with the energy situation.  This meeting should be for
principals only.

Ask Riordan to identify someone in his office who we can work with to set up
the meeting.  Enron's consultant in LA (Marathon Communications) will work to
coordinate the event.

If Riordan is not available next Thursday, ask him if he would ask Eli Broad
(chairman of Sun America and a Democratic billionaire) or Jerry Perenchio
(chairman of Univision) to host the meeting.

Proposed Invitees

*Eli Broad - Chairman, Sun America
*Ron Burkle - Yucaipa Companies
Jeffrey Katzenberg - DreamWorks
Sherry Lansing- Paramount
Nelson Rising- Catellus
Bob Daly - LA Dodgers
Ray Irani - Occidental Petroleum
*Jerry Perenchio - Univison
Michael Eisner/Bob Iger - Disney
Ed Roski - Majestic Realty
Earvin Johnson/Ken Lombard - Johnson Development Corporation
Bruce Karatz - Kaufmann & Broad
Terry Semel - Yahoo!
Gary Winnick - Global Crossing
Henry Yuen - Gemstar
*Carl McKinsey
*Liam McGee - Bank of America
*Barry Munitz - Getty Trust
*Gordon Binder - Amgen (ret)
David Baltimore - Cal Tech
Danny Villanueva - Bastion Capital
Phil Anschutz - Qwest Communications, Staples Center
*Dennis Tito - civilian spaceman (former LADWP Commissioner)
Kent Kresa - Northrop Grumann

Sunday, May 6, 2001
Riordan and Freeman's Feud Erupts in Public
Power: Each questions the other's role in keeping the city free of
California's energy crisis.
By MICHAEL FINNEGAN, TERENCE MONMANEY, Times Staff Writers

?????With California mired in energy troubles, Mayor Richard Riordan and his
former power chief S. David Freeman trumpet the extraordinary fortune of Los
Angeles: no rate hikes and no blackouts.
?????Yet Riordan and Freeman have sullied their mutual success story by
waging bitter campaigns to discredit each other--at first behind the scenes
but now in public.
?????Pettiness, ingratitude, conflicts of interest, overblown claims of
achievement: Such is the back and forth between two leaders who would seem to
have good reason to pat each other on the back.
?????To Freeman, who has resigned as general manager of the L.A. Department
of Water and Power to become chief energy advisor to Gov. Gray Davis, it
seems Riordan resents his high-profile role in trying to steer California out
of the energy crisis.
?????So the mayor, Freeman charged, has elbowed his way into energy issues
that he is ill-equipped to handle and taken steps along the way that could
harm the environment.
?????"With all due respect, I have 25 years of experience and knowledge--and
he has 25 days," Freeman said. "But he's the mayor, and he didn't like it
that I didn't just say yes to everything he came up with."
?????To Riordan, Freeman's efforts to fight air pollution have given short
shrift to the threat of skyrocketing power rates in Los Angeles. The mayor
said Freeman also failed to recognize potential conflicts of interest between
his city and state roles in the power crisis. And he scoffed at Freeman for
saying he had lifted morale at DWP.
?????"Morale was terrible under him," Riordan said. "I mean, they are so
relieved right now."
?????The backbiting has left associates suspecting the clash is really about
egos. City Councilwoman Ruth Galanter sees Riordan and Freeman as proud,
successful men unable to say, "I couldn't have done it without X, Y and Z."
?????"Each of them is used to being the boss and taking pleasure at being
recognized as the boss," she said.
?????Much of the conflict has taken place in private meetings. And the mayor,
a Republican multimillionaire, has taken pains to play down his dispute with
Freeman, a liberal Democrat from Tennessee who wears a cowboy hat and speaks
with a Southern drawl.
?????In an interview after his resignation, Freeman laid out the conflict
point by point, often in terms bluntly critical of the mayor. One of his
concerns, Freeman said, was that Riordan in his final two months as mayor
could reverse the agency's progress in protecting the environment.
?????Freeman cited Riordan's plans concerning coal-fired power plants in
Nevada and Utah that are partly controlled by the DWP, the nation's largest
municipal utility. The first is the Mohave Generating Station in Laughlin,
Nev., a plant that has been blamed for spreading some of the haze that
shrouds the Grand Canyon. The DWP had planned to sell its stake in the plant,
but Freeman said Riordan ordered him to back out of the sale.
?????He described the mayor's move as a sign that Riordan and his appointees
on the board that oversees DWP were "completely insensitive to the fact that
that power plant is one of the most environmentally troubling plants in the
West."
?????"I've worked real hard to try to build some environmental sensitivity
into the DWP policy," Freeman said. "And I am concerned as to whether the
current commissioners and the mayor have that sensitivity, and what they
might do in the interim to basically overturn the progress we've made."
?????The other plant is part of the Intermountain Power Project in central
Utah. Riordan has proposed building a new coal-fired generating unit there,
but Freeman said he objected because of the pollution it would cause.
?????In both cases, Riordan said he was striking the appropriate balance
between protecting the environment and meeting the energy needs of Los
Angeles at an affordable cost. By keeping its share of the Mohave plant and
expanding the Utah plant, Los Angeles can avert the astronomical price hikes
of natural gas--and the sharp rise in ratepayers' bills that would follow,
Riordan said.
?????Natural gas, which provides 26% of the fuel for DWP plants, causes less
air pollution than coal, which provides 51%. The rest is mainly nuclear and
hydroelectric. Los Angeles has averted rate hikes and blackouts in part
because the DWP relies less on natural gas than most other California power
providers.
?????"I favor clean air and more natural gas, but not to the point where
we're going to destroy the economy of Los Angeles," Riordan said.
?????On the Mohave plant, Riordan questioned the benefit of selling the
city's share to a buyer that would simply continue running it.
?????"It's still going to be coal-driven," he said. "How does selling it help
the environment?"
?????The tension between the two has built steadily as the state power crisis
has worsened. With the charismatic DWP chief drawing favorable news coverage
in stories on how L.A. has dodged the crisis, Riordan and the DWP
commissioners began to view him as "too big for my britches," Freeman said.
?????The conflict reached its peak on April 17, the day Freeman resigned to
become the governor's advisor. The DWP board president, Kenneth T. Lombard,
said the mayor told commissioners that day that "it made the most sense to
release him immediately."
?????"All we were doing, frankly, was release him from his responsibilities,
and then whatever time he needed to clean out his office was fine with us,"
Lombard said.
?????From Riordan's standpoint, Freeman needed to be stripped of his
authority right away because of a potential conflict of interest: The city
utility sells surplus power to the state, so Freeman would be on both sides
of the sales.
?????Freeman, who had voluntarily bowed out of a DWP meeting on the state
power crisis earlier that day, was outraged at his sudden release, in part
because he was denied the chance to say goodbye to agency employees. In an
interview, he called the conflict of interest assertion "complete malarkey."
?????"The insinuation that I have done anything less than protect the
interests of the city of Los Angeles is bordering on slanderous, considering
what I've accomplished here," he said.
?????Brian D'Arcy, who heads the union local that represents 6,000 DWP
employees, agreed that Riordan and his commissioners "kind of ran him out of
here. For David to be summarily jettisoned out of here without even a
howdy-do is absolutely tacky," D'Arcy said.
?????Riordan said Freeman deserves "an A-plus" for his work at DWP. The mayor
conceded that he knew of nothing that Freeman had done "to hurt Los Angeles."
But, he added, "when you have a conflict of interest, you have to act before
anything happens."
?????Freeman has long bridled at the oversight of DWP, not just by the mayor,
but by the agency's board and the City Council. In 1998, he called for City
Charter amendments to consolidate authority in a more independent board of
directors. The proposal went nowhere.
?????Freeman's concerns were echoed in a report to be released Monday. The
Rand Enterprise Analysis report was commissioned by the DWP. It calls for
restructuring DWP management much the way Freeman proposed. But Riordan and
Galanter, who chairs the Council's Commerce, Energy and Natural Resources
Committee, rejected the concept. Copyright 2001 Los Angeles Times


Paul:
Can you help me with this as we are trying to finalize the ISDA this week?
Thanks.

Carol St. Clair
EB 3892
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com
----- Forwarded by Carol St Clair/HOU/ECT on 06/19/2000 10:00 AM -----

	Carol St Clair
	06/13/2000 10:08 AM

		 To: Paul Simons/LON/ECT@ECT
		 cc:
		 Subject: FX/Currency Option Questions

Paul:
Shari recommended that I forward these questions to you.  We are trying to
finalize an ISDA Master with dresdner bank in Germany and they wanted to make
some chnages to our FX and Currency Option language which I have attached.
Can you help me with this?

Carol St. Clair
EB 3892
713-853-3989 (Phone)
713-646-3393 (Fax)
----- Forwarded by Carol St Clair/HOU/ECT on 06/13/2000 10:03 AM -----

	Carol St Clair
	05/09/2000 11:54 AM

		 To: Shari Stack/HOU/ECT@ECT
		 cc: Sara Shackleton/HOU/ECT@ECT
		 Subject: FX/Currency Option Questions

Shari:
I am negotiating an ISDA with Dresdner Bank and I have the following
questions concerning their mark-up of the FX/Currency Option language:

1. In the EMU Protocol language they want to add a reference to Section 6.
I'm not sure why but wanted your thoughts on this.  Are there any
circumstances under which we do not adopt the Protocol provisions?

2. They want to define the FX Definitions as the 1998 FX and Currency Option
Definitions as amended and supplemented by the 1998 ISDA Euro Definitions.
Is this okay?  What is the effect of this?  Should we change our form to do
this?  With respect generally to the FX and Currency Option Definitions, as a
general rule are they always incorporated by reference into the terms of any
FX and Currency Option transaction even if it is electronically confirmed?
They wanted to add language to that section of our form specifically stating
this.

Thanks in advance for your help.

Carol


(See attached file: May 16th.pdf)

      Carr Futures
      150 S. Wacker Dr., Suite 1500
      Chicago, IL 60606  USA
      Tel:  312-368-6149
      Fax:  312-368-2281
      soblander@carrfut.com
      http://www.carrfut.com
 - May 16th.pdf


What about their  gty?

 -----Original Message-----
From: 	Dickson, Stacy E.
Sent:	Thursday, August 30, 2001 10:49 AM
To:	Sonnonstine, Max; Vanek, Darren; Espinoza, Veronica; Williams, Jason R (Credit)
Cc:	Perlingiere, Debra; Willis, Jim
Subject:	Mountaineer Gas Company

Jim Willis would like to get a master firm in place with Mountaineer.  Please forward a credit worksheet to Debra.

Stacy


Janette:

Please order a new IBM laptop computer for Linda Guinn as soon as possible
and charge to my RC 0630.  If you have any questions, feel free to contact me
or Linda.

Thanks.

Richard Sanders


Just a reminder that tomorrow is the PreBid Meeting.

Laura

---------------------- Forwarded by Laura Harder/Corp/Enron on 11/20/2000
02:56 PM ---------------------------

Laura Harder
11/16/2000 11:33 AM
To: Thomas A Martin/HOU/ECT@ECT, Jim Schwieger/HOU/ECT@ECT, James
McKay/HOU/ECT@ECT, Greg McClendon/HOU/ECT@ECT, Elsa Villarreal/HOU/ECT@ECT,
Daren J Farmer/HOU/ECT@ECT, Lauri A Allen/HOU/ECT@ECT, Eric Bass/HOU/ECT@ECT,
Gary W Lamphier/HOU/ECT@ECT, Danny Conner/NA/Enron@Enron, Janet H
Wallis/HOU/ECT@ECT, Carey M Metz/HOU/ECT@ECT, Stacey Neuweiler/HOU/ECT@ECT,
Liz Bellamy/NA/Enron@Enron, Edward D Gottlob/HOU/ECT@ECT
cc:

Subject: PreBid Meeting - Time Change

The Pre-Bid Meeting has been moved to 3:00 on Tues, 11/21 ... it's still in
EB30c1 though.

Laura


Thoughts? Comments?

 -----Original Message-----
From: 	Gray, Jeff
Sent:	Thursday, September 20, 2001 3:27 PM
To:	Allen, Margaret
Cc:	Shapiro, Richard; Bradley, Rob; Steffes, James D.
Subject:	discussion for Ken Lay..virtual energy markets

Margaret:

Rob asked me to put some ideas together for Ken's luncheon roundtable on October 4.  Perhaps these will help.  I responded to the questions posed in the agenda.  Rick, Jim, and Rob, would you mind looking over this attachment and adding your thoughts?

Thanks,

Jeff


Enclosed is an article in this morning's San Diego Union, written by one of
their reporters that I know. As indicated, it focuses on Enron. Of particular
interest are the comments by Senator Dunn, which are at odds with his
statements to the Sacramento lobbyists that he has no idea what Enron does.

The information contained in this e-mail message and any accompanying
documents is subject to the attorney-client privilege and/or the attorney
work product rule and is confidential business information intended only for
the use of the individual or entity named above.  If the reader of this
message is not the intended recipient or representative of the recipient, you
are hereby notified that any dissemination of this communication is strictly
prohibited.  If you have received this communication in error, please notify
the Systems Administrator at admin@pkns.com and immediately delete this
message from your system.
Content-Transfer-Encoding: quoted-printable
Date: Wed, 06 Jun 2001 08:53:28 -0700
From: "Cindy Frederick" <cfred@pkns.com>
To: "Michael Kirby" <mlk@pkns.com>
Subject: IS TRADING AN INSIDER'S GAME?
Mime-Version: 1.0
Content-Type: text/plain; charset="us-ascii"
Content-Disposition: inline

IS TRADING AN INSIDER'S GAME?
Buying, selling of electricity is a growth business, but some say deck is
stacked against consumers

By Craig D. Rose
STAFF WRITER

June 6, 2001

While Californians decry deregulation's failure to deliver a competitive
market, electricity wholesalers have quietly developed a vast and rapidly
growing business of buying and selling power among themselves.

The deals take place on high-tech trading floors in Houston and elsewhere
around the country, as well as on Internet-based trading systems.

Some experts say this electricity trading is a key mechanism for raising
consumer power prices, yet it's largely unregulated.

"Electricity trading is like buying stock -- when you have ability to change
the stock price," said Frank Wolak, a Stanford University economics professor
and member of the state grid operator's market surveillance group.

Energy companies say the buying and selling of contracts to deliver power
provides risk management, allowing plant owners to presell their electricity,
lock in prices and avoid fluctuations. The rough and tumble of the free
market, they add, is the most efficient means of allocating a resource like
electricity.

But industry critics say trading is far from a competitive market paradigm.
In their view, it's a means of communication -- a way for energy insiders to
collude and raise prices under the guise of competition.

To be sure, the trading arms of major energy companies have emerged as stars
in an industry where profit surges of 300 percent or 400 percent are not
uncommon.

The transactions, shrouded in secrecy, can leave ownership of a critical
commodity in unknown hands. Consider the case of power generated by AES
Corp.'s California plants.

In 1998, AES made a bold move. Immediately after purchasing power plants that
gave it control of 10 percent of the state's electric generating capacity,
the company sold the output from its plants for the next 20 years to Williams
Cos.

Williams did not sit on this treasure trove of electrons. The Tulsa, Okla.,
company soon sold 80 percent of what it bought.

It is difficult to say who owns that power now. Some might be owned by Sempra
Trading, a sister company of SDG&E. Or some could be owned by Enron Corp.,
the nation's biggest electricity trader.

A spokeswoman for Williams conceded that Williams itself may have repurchased
some of the electricity it sold earlier. But trading companies closely guard
their positions.

This much can be said with certainty: Electricity that AES sold for less than
5 cents per kilowatt-hour to Williams changed hands perhaps 10 times in the
wholesale market and emerged at times in recent months with a price tag for
consumers that was 300 percent higher.

Williams' trading profits increased by 523 percent in the first quarter this
year.

Advance sales
All this buying and selling creates curious confluences.
In their attempt to deflect criticism over high prices, generating companies
such as Duke Energy -- operator of the South Bay Power Plant in Chula and
others in the state -- frequently note that they sell most of their
electricity far in advance. But they acknowledge less often that their
trading units may also be buying power, which could boost the company's
electricity inventory.

Duke was the fourth biggest electricity trader last year and cited its
trading activity as a prime contributor to its wholesale business profits,
which soared 324 percent in the first quarter to $348 million.

It is a company's power traders who frequently direct plant operators to
increase or decrease the generation of power in response to market conditions.

Energy companies have little option but to turn to trading for profits. One
of the better kept secrets of electrical deregulation and its promise of
competition is that there is remarkably little competition in the production
side of the business.

For one thing, electricity is a commodity; power from one company is
indistinguishable from that generated by others.

More important, nearly all modern plants generate power from turbines built
by a handful of manufacturers. The result? Modern plants owned by different
companies produce power at nearly identical cost.

"The cost of power produced by modern plants is all within a mil
(one-thousandth of a dollar)," said Michael Peevey, an adviser to Gov. Gray
Davis and former president of Southern California Edison.

So the extraction of profit in the electricity business relies much more on
trading. Traders' profits rise when prices are volatile -- plunging, or even
better, rising sharply.

Little regulation
But despite the obvious temptation to manipulate the market, the burgeoning
electricity trading business has remained largely unregulated.
The Federal Energy Regulatory Commission does require quarterly filings from
energy traders, but these often provide incomplete information, or at least
little that has been of concern to FERC.

In fact, although the trading of electricity grew more than a hundredfold
from 1996 to 2000, FERC has taken no major enforcement action against a
trader. After the onset of the California crisis last year, FERC has acted
once. That was against Williams, which agreed to pay $8 million without
admitting guilt to resolve an allegation that it withheld supply to pump up
prices.

FERC's record of enforcement in the area of power trading stands in contrast
to a long list of enforcement actions within other markets taken by the
Securities Exchange Commission and the Commodity Futures Trading Commission.

FERC has recently added staff to its market oversight operations. But William
Massey, a FERC commissioner, says the agency's effort is still inadequate.

"Electricity can be flipped, stripped and chopped up," Massey said. "It's an
extraordinarily complicated market.

"The sophisticated marketers and traders have simply moved past us. We're
kind of horse and buggy in our approach and they're out there in rocket ships
flying around ... The problem is that sophisticated traders don't necessarily
produce reasonable prices. They produce profits."

Before deregulation, electricity trading was a low-key affair. Regulated
utilities dealt power back and forth on a reciprocal basis to fill
electricity shortfalls in their control areas. There was little trading for
profit until the mid-1990s, after federal legislation and FERC rulings opened
the market.

Major traders include large energy companies, sister companies of
California's major utilities and Wall Street firms.

Market volatility
In many ways, the trading of power is similar to that of other commodities.
But there are important differences. Because it cannot be stored and its use
is so fundamental, the price of electricity is the most volatile of all.
When supplies are tight, a single supplier can rapidly raise prices to
budget-busting levels, as evidenced by Duke Energy's recent admission that it
charged California nearly $4,000 for a megawatt-hour of power, a quantity
that probably sold hours earlier for one-tenth of that sum or less.

Wolak, the Stanford economist, and state Sen. Joseph Dunn, D-Garden Grove,
who is investigating the state power market, say trading allows companies to
collude under the guise of competition. Instead of wringing out lowest costs,
the wholesale trading market serves to raise prices, they say.

"As I trade to you and you trade to me, we communicate to each other what
price we would like to get," said Wolak. "It's not collusive. It's just
communicating price."

Mark Palmer, a spokesman for Enron, the nation's biggest power trader, said
California's problem is not the result of trading.

"It's a result of shortages," Palmer said.

Underscoring its emphasis on trading, Enron's new headquarters tower in
downtown Houston rises from a six-story block of new trading floors,
including expanded space for electricity trading.

Enron also pioneered trading in cyberspace and its Enron Online site claims
to be the most active computer-based trading market.

The Houston company argues that consumers won't fully benefit from power
trading and deregulation until they have greater choice in choosing their
power supplier. And the company says FERC has not done enough to open access
to transmission lines, which would allow traders to move power around the
country. To that end, Enron has lobbied hard for President Bush's plan for a
national electricity grid.

Palmer says the notion that the price of electricity rises each time it is
traded is mistaken.

"The market is always looking for the real price of a commodity," Palmer said.

Dunn, the California state senator, says his investigation found a different
function for trading. At a time when supply barely meets or falls short of
demand, he noted, companies with electricity to sell have to worry only about
how high to set their price.

"The trader is a pawn in the generator's game to drive up prices," said Dunn.
"Trading develops a level of trust. You, my alleged competitor, will bid in
the same patterns and I will respond not in a competitive pattern but in a
complimentary pattern."

The state senator said his investigation found evidence that on several days,
energy companies appeared to test their ability to drive prices up, without
being undercut by competitors.

This ability to drive up prices without competitive consequence is a key test
of market power, the technical term for manipulation or price fixing.

But Dunn also conceded that antitrust violations can be hard to prove in
court. He suggested that even if the trading behavior falls short of
antitrust violations, it remains anti-competitive and devastating for the
California economy.

To Harry Trebing, a utility industry expert and professor emeritus at
Michigan State University, wholesale electricity trading is reminiscent of
what took place in the 1920s and early '30s. Back then, utility companies
created complex networks of holding companies that traded stock among
themselves, driving up prices in the process.

Undoing that scheme was a focus of President Franklin Roosevelt's
administration. Congress ended up barring national power companies and
tightening regulation of utilities, in an effort to counteract their tendency
to create markets that work only for insiders.

"The broad goals of trading are the same," Trebing said.

"The goal is to maximize profits through raising prices."


Please plan to attend the kick- off of the Process Leveraging and Reporting
teams, two of the seven teams that I introduced at the conference in San
Antonio.  This full-day meeting will begin at 8 am on Wednesday, October 18
at the Crown Plaza Hotel, 2222 West Loop South.  This is an important next
step in completing the SAP implementation and achieving the benefits that we
identified before Project Apollo and Beyond began.

The objectives of this meeting will be 1) to identify management's
information needs and priorities related to the accounting and reporting
processes and 2) to prioritize and focus the efforts of the Process
Leveraging and Reporting teams based on management's needs and priorities.
Therefore, it is very important for you to attend, to ensure that your BU's
needs and priorities are considered in these projects.  I realize that this
is a very busy time, but it will probably continue to be busy through yearend
close.  If we can get started as soon as possible, it is my hope that we can
complete the projects and see the results soon, possibly by the January close.

Attached is a list of questions and other information that you should
assemble and bring with you to the meeting so that we can make
better-informed decisions.  We will collect your completed information sheets
to use for further analysis and follow-up after the meeting.  If you have
questions in completing the pre-work items, please contact Jan Johnson at
x33260.

A preliminary agenda is also attached.   Please plan to attend the entire
day, as individual segments of the agenda will not make sense without full
participation

Please RSVP to Dortha Gray (x35903) by tomorrow at 2pm.  A continental
breakfast and buffet lunch will be provided.  If you are unable to attend,
let me know who will represent you.  Thanks for your help.


Donna,

Attached are the report and matrix for EOL, EOL Phase II (matrix for EOL is
combined for the two reports) and Risk Controls Group.  Call me if you have
any questions.

John


FLOOR MEETING!!!!
     Open floor EB3824

 Date:   Wednesday, June 6, 2001
 Time:   9:30 AM

Speaker:  Mark Haedicke
Managing Director and General Counsel
Enron North America Corp.

Re: To discuss the Enron Wholesale Services Legal Department and also answer
any questions you may have.


Market Notification: After the Day Ahead Market ran for 8/21/01, the COI
Branch Group (Path 66) limit was changed from 4030 to 4000 MW (N-S) and from
2450 to 3675 MW (S-N) for HE01 through HE06.  From HE07 through HE16 (N-S),
Path 66 was changed from 4030 to 4300 MW and from 2450 to 3675 MW (S-N). In
addition, the NOB Branch Group (Path 65) the S-N was changed from 2525 to
2875 MW and S-N was changed from 1904 to 2084 MW.  Path 15 (N-S) was changed
from 1275 to 1100 MW and Path 26 (N-S) 3000 MW to 2500 MW.  Path 15 and 26
in the South-North directions will remain as pre-scheduled. This is due to
the Los Banos-Gates Line Series cap being removed from service.  The first
applicable hour to submit adjusted schedules in the Hour-Ahead market is
HE03.  Please address real-time operational inquiries to the Real Time
scheduling desk at (916) 351-2493, sent by Market Operations (916) 351-4409.


Please plan to attend a 1/2 day offsite on Thursday, May 24th beginning at
Noon.  Place to be announced later.

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


TASK ASSIGNMENT

Status:		completed

Task Priority:
Task Due On:		2/3/2000
Task Start Date:	2/3/2000


My pleasure


Please review for accuracy.  Paul and Mark, please pass on to me your birthday (month/day).

adr

Audrey D. Robertson
Transwestern Pipeline Company
email address:  audrey.robertson@enron.com
(713) 853-5849
(713) 646-2551 Fax


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Please remove my name from your list.   Todd Maddock

-----Original Message-----
From: RTO West Regional Representatives Group
[mailto:RRGA-L@LIST.RTOWEST.ORG]On Behalf Of Dalia, Keith A - TOS-DITT1
Sent: Tuesday, May 15, 2001 4:40 PM
To: RRGA-L@LIST.RTOWEST.ORG
Subject:

You have been added to the RRGA-L mailing list (RTO West Congestion Model
Content Group) by Keith Dalia <kadalia@BPA.GOV>.

Please save this message for future  reference, especially if this is the
first time you subscribe to an  electronic mailing list. If you ever need
to  leave the  list,  you  will find  the  necessary instructions  below.
Perhaps  more importantly,  saving a  copy of  this message  (and of  all
future subscription notices  from other mailing lists) in  a special mail
folder will give you instant access to the list of mailing lists that you
are subscribed  to. This may  prove very useful the  next time you  go on
vacation and  need to leave  the lists temporarily so  as not to  fill up
your  mailbox while  you  are away!  You should  also  save the  "welcome
messages" from the  list owners that you will  occasionally receive after
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just send mail  to RRGA-L@LIST.RTOWEST.ORG. This is  called "sending mail
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This  list is  available  in digest  form.  If you  wish  to receive  the
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Please note that  it is presently possible for other  people to determine
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More  information on  LISTSERV  commands  can be  found  in the  LISTSERV
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command to LISTSERV@LIST.RTOWEST.ORG.


bonjour- don't know if y'all got my message last night or not- sue i only
heard the first part of your message then it got cut off....am supposed to
go to NB today while the tile men are htere, but prob back late tonight or
early tomorrow morn.  maybe could meet up tomorrow night depending on
whether or not am doing dinner w/ gogo et al....cannot typewell w/ my damn
arm in this brace, so will try to call you later on the road.  chat soon-
e

>

_________________________________________________________________
Get your FREE download of MSN Explorer at http://explorer.msn.com/intl.asp


Mike Purcell is leaving our group to move to Volume management, effective
following his vacation which is all next week.

I will be scheduling Mid C until a replacement is hired and trained.

Please contact me with questions regarding MidC schedules.


MIT/Sloan Team:

I am pleased to announce that the two candidates below were extended offers
for Enron's Summer Associate Program:

   Hakeem Sanusi  617-576-7570 hsanusi@mit.edu Offer Pending
   Jozef Lieskovsky 617-905-5633 jlieskov@mit.edu Offer Pending

As we discussed, there were a number of excellent candidates that we met
while interviewing for Summer Associates.  In an effort to strengthen our
name on campus and to cultivate relationships with these individuals, we want
to make a concerted effort to keep up with  them for our Fall recruiting
effort.  I have attached a template for us to use and refer to for both the
offers and the cultivations.   This serves as a two-fold communication tool:
a tool for the team members to use in contacting the candidates and a tool
for me to use when tracking any issues or concerns the candidates may have.
Please feel free to add to it and e-mail it back to me or give me a call
(EXT. 37632) and I will update it.

I will also be using this to report back to A&A management.

Below are the names of the candidates that made it to the second round.  We
want to call on all of them.

Blaise Nietcho  617-225-2598   blaise@mit.edu
Rocco Paduano  617-742-2085   rpaduano@mit.edu
Samuel Vainstein 617-266-7257   samuva@mit.edu
Diego Silva Robert 617-441-6999   dsilva@mit.edu

Should you have any questions, please feel free to give me a call.

Thanks,

Karen Marshall
Recruiting Manager


Debra -

Attached is a worksheet for another new Master Firm Purchase/Sale, this time
for Tucson Electric Power Company.  Please prepare a draft and send to:

Mr. Dave Hutchens
Tucson Electric Power Company
One South Church Street
Tucson, AZ 85701

Please also send a copy of draft to Kim Ward (EB3204A) and one to me (EB2860).

Thanks,

Jay


I will be out of the office beginning Thursday, 12/24, returning on Tuesday,
1/4.  In my absence, I have asked Steve Venturatos to be the point person for
Texas Operations.

I realize that many of you will be working over the New Year's week-end to
ensure a smooth transaction into the new year.  In advance, I truly
appreciate all of the efforts.  Additionally, I would like to be kept
informed on any critical issues, mainly so that I have no surprises when I
return.  Therefore, I have provided numbers below where I can be reached.  I
will leave it to your discretion as to whether you call me or leave me a
voice mail in the office.  As you all know, I would rather be informed than
surprised!

Pager  877-497-3757
Cellular  713-417-2995
Home  970-920-2293 &
  970-920-2294

Thanks to each of you for your dedication.  I hope each of you have a
wonderful and safe holiday!


ELECTRIC / HYDRO REPORT

New York State Reliability Council, ER00-1671-000 -- [2/22/00]  Revisions to
the Installed Capacity Requirement for the New York Control Area for the
Capability Year beginning on May 1, 2000 and ending April 30, 2001.

North American Electric Reliability Council, ER00-1666-000 -- [2/22/00]
Revision of NERC's Transmission Loading Relief Procedures.

The United Illuminating Company, EC00-58-000 -- [2/24/00]  Application for
authority to implement UI's proposed holding company structure and the
resulting disposition of facilities pursuant to the corporate reorganization.

NATURAL GAS / OIL Report:

Petal Gas Storage, L.L.C., CP00-59-001 -- [2/18/00]  Amended application to
eliminate the transportation facilities and associated environmental review
considerations associated with Petal's December 28 application by seeking
authority to construct storage-related facilities on, and adjacent to, the
Petal salt dome storage plant and to expand Petal's current interconnection
with Tennessee Gas Pipeline Company's 500 line.

National Fuel Gas Supply Corporation, CP00-91-000 -- [2/22/00]  Application
for authorization to replace National Fuel's Lines S-1 and AM-60; for the
abandonment in place of Line L; and the relocation, modification or
abandonment of certain appurtenant stations in Warren, McKean and Elk
Counties, Pennsylvania.  National Fuel also seeks to add approximately 360 hp
of compression at its Roystone Compression Station in Warren County.
National Fuel states that the proposed facilities would enable the provision
of additional firm transportation service to its affiliated local
distribution company, National Fuel Gas Distribution Corporation.

CNG Transmission Corporation, CP00-92-000 -- [2/22/00]  Application for
necessary authorizations to allow CNG to plug and abandon Bridgeport Storage
Well 9081 and associated facilities, and drill up to five new replacement
storage wells, necessitated by the proposed construction of the Bridgeport
Bypass project by the West Virginia Department of Transportation.

Honeoye Storage Corporation, CP00-93-000, CP00-94-000, CP00-95-000 --
[2/22/00]  Applications for abandonment of service to Providence Gas Company;
certificate authority to expand Honeoye's storage facilities in Ontario
County, NY; and blanket certificate authority to offer open access service at
market based rates.

Kinder Morgan Interstate Gas Transmission, GT00-19-000 -- [2/25/00]  Revision
to entire FERC Gas Tariff to reflect a name change from K N Interstate Gas
Transmission Co. to Kinder Morgan Interstate Gas Transmission.

[To request a copy of any of the above listed  filings, please call
202-255-4771 or toll-free, 1-800-664-8477; or e-mail rgadsden@grsenergy.com]

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

The GRS EGO Alert (electric, gas, oil) e-mail notification is a free courtesy
service of Gadsden Research Services, Inc., Washington's regulatory research
specialists.  Periodically (generally once or twice weekly), GRS will
broadcast the EGO Alert with descriptions of major FERC issuances or filings
such as rulemakings, policy statements, mergers, new rate filings, major rate
changes, and certificate filings.

GRS can provide hardcopies of any of the above listed items at nominal
charges; for document requests or estimates of charges, please reply to
rgadsden@grsenergy.com or call 202.255.4771 (toll free, 1.800.664.8477).

For a mailed copy of the GRS brochure of services and rates for FERC, SEC,
DOE and other federal agency research,please e-mail your street address to
brochure@grsenergy.com.

The EGO Alert subscription list is used for the sole purpose of providing
information on FERC and energy industry activity and will not be sold or
otherwise distributed to any other business or organization.  For additions
or removal from the EGO Alert notification list, please reply to
subscriptions@grsenergy.com.

Send suggestions on how the EGO Alert can better serve the energy community
to EGOalert@grsenergy.com.
 - att1.htm


Thanks for your response.  My prior message to you was in error because I did
enter the correct address.  For example, I can get to the screen that says
"Documents" but when I click on one of the choices, I get a message that says
"Netscape is unable to locate the server ei-sp-data01.  Please check the
server name and try again."  Am I doing something wrong?  Should I simply
call the Helpdesk here in Houston?  Thanks.  Sara

Carlos Gustavo Azevedo@ENRON_DEVELOPMENT
07/19/99 02:13 PM
To: Sara Shackleton/HOU/ECT@ECT
cc:
Subject: Re: Regulatory Affairs Database

Sara, the correct address is http://ei-sp-data01/regulatory      and not
http://ei-sp-01/regulatory as you tried before.
If you can access Enron's intranet or extranet you are able to get in the
site. Please let me know if you still have problems accessing it.  Thanks,
Carlos Gustavo


Cindy double checked.  We are ok for 8:15 on Sunday

"DFS International, Inc." <dfsintl@swbell.net> on 05/24/2001 01:43:44 PM
To:	Stanley.Horton@enron.com
cc:

Subject:	RE: Sunday Golf at Rav

Thank you Cindy!   I check with Raveneaux this morning as I was already
there.  The Pro Shop said there was no tee time for Horton.   I am sure they
just over looked it.  Just in case however,  I reserved a 9:45 am on the New
Course as a backup.  You may want to double check with the Pro Shop.  Thank
you again.  Please meeting you via e-mail.

Best regards.
Steve Westlund


Mary:
Could you please send by messenger to me copies of the clean and blacklined
documents?  Also, Deborah Culver with EES should be on your distribution.
Thanks.
Carol St. Clair
EB 3892
713-853-3989 (Phone)
713-646-3393 (Fax)

	"Mary Rembert" <REMBM@andrews-kurth.com>
	05/23/2000 12:34 PM

		 To: "Mary Rembert" <REMBM@andrews-kurth.com>, <esantos@baylbny.com>,
<brenda.l.funk@enron.com>, <carol.st.clair@enron.com>,
<charles.delacey@enron.com>, <Clement.abrams@enron.com>,
<DEBORAH.culver@enron.com>, <Gareth.Bahlmann@enron.com>,
<Jodi.Coulter@enron.com>, <ryan.siurek@enron.com>,
<sara.shackleton@enron.com>, <tina.livingston@enron.com>,
<Trevor.Randolph@enron.com>, <Russell.clingman@funb.com>,
<mniebruegge@mayerbrown.com>, <tellwood@mayerbrown.com>,
<john_roberts@paribas.com>, <eawilburn@prickett.com>,
<Tamullen@prickett.com>, <damon@rlf.com>, <kenton@rlf.com>,
<binderg@sanpaolony.com>, <arangome@us.cibc.com>, <schottla@us.cibc.com>,
<wolfmark@us.cibc.com>, <aroberts@wilmingtontrust.com>, <bpace@winstead.com>,
<Pstrohl@winstead.com>
		 cc: "David Barbour" <BARBD@andrews-kurth.com>, "CHRIS KRECEK"
<KRECC@andrews-kurth.com>, "MURIEL McFARLING" <MCFAM@andrews-kurth.com>, "TOM
POPPLEWELL" <POPPT@andrews-kurth.com>, "PAT SARGENT" <SARGP@andrews-kurth.com>
		 Subject: Project Hawaii 125-O (Danno B)

Attached are the initial drafts of a closing checklist and the related
closing documents to pay off and unwind Project Alchemy and place the asset
into the Project Hawaii structure.  This transaction is structured as a trust
to trust transfer, which is contemplated in the Amended and Restated Hawaii
125-O Facility Agreement.  The anticipated closing date for this transaction
is May 31, 2000.  The only significant missing information in the documents
is the maturity date and the related auction dates.  Please advise as to the
maturity date and I will calculate the auction dates.

The documents attached are clean versions in Word.  Immediately following
this e-mail, I will send a follow-up e-mail with clean versions of each
document in Word Perfect.  Following that, I will send two e-mails attaching
copies of the documents marked against the Project Blackbird Unwind and
related Hawaii 125-O Danno A documents, in both Word and Word Perfect.

Please review the attached documents and call me with any comments or
questions.  My direct line is 214-659-4461 and my direct fax is
214-659-4784.  Please let me know if any additional people should be a
recipient of future e-mails for this transaction.  Also, please forward this
e-mail to anyone that you are aware of who needs to review the documents and
has not received this e-mail.

Mary S. Rembert
Andrews & Kurth L.L.P.
1717 Main Street
Suite 3700
Dallas, Texas  75201
(214) 659-4437
FAX:  (214) 659-4401

 - 242286.doc
 - 240786.doc
 - 240795.doc
 - 240796.doc
 - 240821.doc
 - 240822.doc
 - 240960.doc
 - 240961.doc
 - 240962.doc
 - 240963.doc
 - 240964.doc
 - 240996.doc
 - 240998.doc
 - 241004.doc
 - 241010.doc
 - 241012.doc
 - 241013.doc
 - 241014.doc
 - 241028.doc
 - 241193.doc
 - 241207.doc
 - 241211.doc
 - 241218.doc
 - 241220.doc
 - 242274.doc
 - 240783.doc


Bloomberg has come back to the table with us and are being good boys so far. So I don't have a problem issuing them a EnronOnline journalist ID to view your prices. Thanks for the cooperation.

Andy


Just so we are all on the same page, this is the most recent draft of the ESA
breakout contract in my files.

Thanks,

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 12/05/2000 01:48
PM ---------------------------

"Thompson, Peter J." <peterthompson@akllp.com> on 11/30/2000 02:30:37 PM
To: "Kay Mann (E-mail)" <kay.mann@enron.com>
cc: "Pipitone, Paul" <paulpipitone@akllp.com>, "Cobb, Chris"
<chriscobb@akllp.com>

Subject: Attached Files

Attached please find a clean draft of the Enron South America Turbine
Agreement, as well as a blackline showing changes made to the from
document agreed to by GE.

The only additional information that we need to insert into the
agreement is the Agreement Number in Section 6.7.1.

I will send the exhibits in a few moments.
 <<ESA Break-out Agreement Draft of 11/30/00.DOC>>  <<Comparison of
Enron South America Turbine Agreement.DOC>>
 - 00.DOC
 - Comparison of Enron South America Turbine Agreement.DOC


Hello Vince!

I'm working with Michael Sergeev to produce this next issue of the
newsletter.  Do you have a suggestion for the Kaminski Column on Page One?
If so, please tell me what you'd like to use and I'll get it ready either
today or Monday morning.

At some point, when you have a couple of minutes, we should sit down and talk
about your philosophy regarding the newsletter and what you would like to see
in the future.  I'd like to get a little creative with it once I know your
thoughts on this.

Best Regards,

Sam

p.s. - Note that I am "William Smith" in the Lotus Notes system.  There is
also a "Will Smith" that works in IT.  We forward each other's mail all the
time! :-)

SS


Tana:

Please prepare 2 execution copies (or do we need 4 so that each of the Enron
companies has a copy) of a Confidentiality Agreement in the form attached
below.  The only changes from the original form that you sent to Redibook is
the change in the name of the CP from REDIBOOK to Spear Leeds in the first
line and the signature block and the change from Texas law to New York law in
the 2nd line of Section 5.

Thanks,

Leslie
----- Forwarded by Leslie Hansen/HOU/ECT on 07/24/2000 12:16 PM -----

	"Meyer, Peter" <pmeyer@SLK.com>
	07/24/2000 06:14 AM

		 To: "'leslie.hansen@enron.com'" <leslie.hansen@enron.com>
		 cc: "Bronson, Julia" <JBronson@SLK.com>
		 Subject:

 <<redibook.doc>> Attached please find an updated non-disclosure.? Please
advise as to where you would like an executed copy delivered.? Thank you for
your help.

Peter J. Meyer
Senior Vice President
Spear, Leeds & Kellogg
212-433-4376

 - redibook.doc


---------------------- Forwarded by Sara Shackleton/HOU/ECT on 02/11/2000
05:52 PM ---------------------------

"SmartPortfolio.Com" <admin_update@smartportfolio.com> on 02/11/2000 07:38:58
PM
Please respond to "SmartPortfolio.Com" <admin_update@smartportfolio.com>
To: Sara Shackleton/HOU/ECT@ECT
cc:
Subject: SmartPortfolio.Com Update: Techs, Economic News Trigger Sell Off

The following is a FREE service brought to you by
SmartPortfolio.Com, located on the Web at
http://www.smartportfolio.com
AOL users click here

Update February 11, 2000

Friday's Market Update: Techs, Economic News Trigger Sell Off

 1. Friday's Market Action
 2. Internet and Tech Stocks
 3. Notable Earnings Announcements
 4. Notable Upgrades and Downgrades
 5. Stock Splits
 6. IPO Commentary
 7. IPOs Trading Friday
 8. IPO Calendar

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***************************************************************

Need this report sooner?  Please remember that you can always
read the update on our web site at
http://www.smartportfolio.com/update
The update is posted at approximately 6:00 PM EST every day.

1.  Friday's Market Action

                             $ Change   % Change      Close
Dow Industrials               -218.42     -2.05%   10425.21
S&P 500                        -29.71     -2.10%    1387.12
Nasdaq                         -90.18     -2.01%    4395.45
Internet Stock Index           -23.66     -2.49%     928.07

The markets ended a volatile week with an afternoon sell off due
to some inflationary economic news and a weak tech sector led
downward by shares of software giant Microsoft Corp.
(Nasdaq:MSFT).  Meanwhile, traders shrugged off news of an
explosion that occurred early this morning only a few blocks from
the New York Stock Exchange.

Investors absorbed some mixed economic data that renewed fears
that the Fed may raise interest rates at its next meeting as a
means of combating inflation.  The Commerce Department revised
upward its U.S. retail sales figures for December, saying retail
sales rose 1.7%, significantly greater than the previously
announced 1.2% increase.  This inflationary news was tempered
somewhat by the Commerce Department's report that retail sales
increased only 0.3% in January, which is lower than the 0.6% gain
expected by economists.  Nonetheless, investors were concerned
because when the Fed raised interest rates at its last meeting,
the members of the FOMC, the Fed's interest rate policy
committee, indicated that they would consider acting again if
inflation pressure continued.

Retail stocks were mixed on the day, with Wal-Mart Stores
(NYSE:WMT) off 13/16 (-1.43%) to 56 3/16, Home Depot (NYSE:HD) up
1/2 (+0.84%) to 60 1/16, JC Penney (NYSE:JCP) down 1/4 (-1.40%)
to 17 5/8, Staples (Nasdaq:SPLS) edging up 1/4 (+0.90%) to 28
1/16, and Costco Wholesale Corp. (Nasdaq:COST) declining 7/16 (-
0.84%) to 51 11/16.

Dell Computer (Nasdaq:DELL) shares slipped 4.95% (down 1 59/64)
to 36 7/8 after the computer maker announced quarterly earnings
late Thursday.  Profits came in at 16 cents per share, beating
revised downward Wall Street estimates of 15 cents per share.
Dell's revenues grew at 31%, which is a slower pace than in
previous periods due to chip supply problems and sales slowdowns
due to Year 2000 concerns of buyers.  Shares of other computer
makers ended with mixed results, with Compaq Computer (NYSE:CPQ)
up 5/8 (+2.50%) to 25 5/8, Apple Computer (Nasdaq:AAPL) down 4
3/4 (-4.19%) to 108 3/4, and Gateway (NYSE:GTW) lower by 2 3/8 (-
4.08%) to 55 7/8.

Despite Dell's strong showing, the tech sector led today's market
decline.  Microsoft Corp. shares were a catalyst for the sell
off, dropping 6 1/16 (-5.72%) to 99 15/16 after a study from
technology consulting firm Gartner Group raised questions about
the compatibility of the soon-to-be-launched Microsoft 2000 with
existing software programs.  Microsoft shares were also hurt by
comments from Michael Dell, CEO of Dell Computer (see above),
suggesting that the Linux operating system, which competes with
Microsoft Windows, was gaining popularity and that business
customers were not showing extraordinary demand for upgrading
hardware systems for Windows 2000.

Other tech sector losers today included International Business
Machines (NYSE:IBM), down 3 13/16 (-3.20%) to 115 5/16, Hewlett-
Packard (NYSE:HWP), down 4 5/8 (-3.67%) to 121 3/8, Motorola
(NYSE:MOT), down 4 1/32 (-2.60%) to 151 1/4, and America Online
(NYSE:AOL), down 1 11/16 (-2.90%) to 56 9/16.

In other large cap news, Dow Chemical (NYSE:DOW) shares edged
lower by 3/16 (-0.18%) to 105 3/4 after the company announced
that its Chairman, Frank Popoff, will retire in November after he
turns 65 and will be succeeded by William Stavropoulos, who
currently serves as President and CEO of the chemical company.

2. Internet and Tech Stocks

For a FREE trial to SmartPortfolio.Com's in-depth analysis of
selected Internet stocks, please visit:
http://www.smartportfolio.com/freetrial
AOL users click
here

The Internet sector had another break today from the recent spate
of site outages from online hackers.  As the FBI's criminal
investigation continues, the White House said today that
President Clinton will meet with senior government officials and
Internet business leaders to discuss the attacks and online
security issues.  A host of leading Web sites -- including those
of Yahoo! (Nasdaq:YHOO), Amazon.com (Nasdaq:AMZN), eBay
(Nasdaq:EBAY), Buy.com (Nasdaq:BUYX), and CNN, a division of Time
Warner (NYSE:TWX) -- were the targets of the attacks this week.

Competition in the chip sector heated up today after Advanced Micro
Devices (NYSE:AMD) launched a new and faster chip, an 850MHz version of
its AMD Athlon processor, in a challenge to Intel Corp. (Nasdaq:INTC),
the world's leading semiconductor company.  AMD shares were also
impacted after the company's Chairman, W.J. Sanders III, said at a tech
conference that AMD expects its first quarter sales to be consistent
with or slightly higher than those in the seasonally strong fourth
quarter.  AMD shares ended higher by 2 1/2 (+5.88%) to 45 and Intel
shares were off 1 3/4 (-1.63%) to 105 7/8, while Applied Materials
(Nasdaq:AMAT) shares sank 9 3/4 (-5.58%) to 165, Micron Technology
(NYSE:MU) shares were off 1 1/4 (-1.73%) to 71 1/8, Altera
(Nasdaq:ALTR) shares dropped 2 15/16 (-3.85%) to 73 5/16, and Novellus
Systems (Nasdaq:NVLS) shares declined 9.21% (down 5 1/2) to 54 1/4.

Knight/Trimark Group (Nasdaq:NITE) announced that it acquired the
institutional stock business from troubled New York investment
firm D.E. Shaw & Co.  Knight/Trimark said the move is aimed at
growing its business with large institutional investors.  Shares
of the #1 market maker on the Nasdaq stock market fell 3/8 (-
1.14%) to 32 7/16.  Other stocks in the e-finance sector ended
mixed, with Schwab (NYSE:SCH) up 1/2 (+1.30%) to 39, Ameritrade
(Nasdaq:AMTD) down 1/4 (-1.55%) to 15 7/8, DLJ Direct (NYSE:DIR)
jumping 9.32% (up 15/16) to 11, and TD Waterhouse Group
(NYSE:TWE) rising 11/16 (+4.58%) to 15 11/16.

Several stocks in the networking sector succumbed to profit
taking today after the sector received a boost from Cisco
Systems' (Nasdaq:CSCO) earlier this week of better than expected
quarterly earnings and a 2-for-1 stock split.  Today, Cisco
shares gave back 5 (-3.68%) to 130 15/16, while certain other
networking stocks followed suit, including Redback (Nasdaq:RBAK),
down 7 1/2 (-3.36%) to 215 1/2, Nortel Networks (NYSE:NT), down 4
137/256 (-3.69%) to 118 55/256, RealNetworks (Nasdaq:RNWK), down
9 3/8 (-5.02%) to 177 1/2.   Two exceptions were Foundry Networks
(Nasdaq:FDRY), up 1 5/16 (+1.06%) to 124 13/16, and Juniper
Networks (Nasdaq:JNPR), up 7 3/8 (+3.54%) to 215 7/8.

Other big movers in the Internet and technology sectors included:

<> Winstar Communications (Nasdaq:WCII), down 5 (-5.97%) to 78
3/4 despite its announcement yesterday of a lower than expected
quarterly loss of $3.28 a share, compared to analyst estimates of
a $3.38 a share loss.

<> Cognizant Technology Solutions (Nasdaq:CTSH), jumping 6 1/4
(+5.05%) to 130 after the software services company announced a
2-for-1 stock split.

<> Policy Management Systems (NYSE:PMS), falling 39.53% (down 6
1/4) to 9 9/16 on analyst concerns regarding the company's
financial results.

<> SunGuarda Data Systems (NYSE:SDS), rising 16.23% (up 4 5/8) to
33 1/8 after the computer service and application software
company reported better than expected earnings and was upgraded
by Robertson Stephens to a strong buy rating from buy.

<> Infosys Technologies Ltd. (Nasdaq:INFY), bolting 26.79% (up
141 9/16) to 670 1/16 on no apparent news concerning the Indian
software firm.

Leading Internet and tech stocks performed as follows:

Company                      $ Change   % Change      Close
Amazon (Nasdaq:AMZN)                0      0.00%    76 3/16
America Online (NYSE:AOL)      -1 5/8     -2.79%     56 5/8
Commerce One (Nasdaq:CMRC)    -1 9/16     -0.99%    155 1/2
Cisco (Nasdaq:CSCO)                -5     -3.68%  130 15/16
CMGI (Nasdaq:CMGI)             -5 3/4     -4.88%   112 1/16
Dell (Nasdaq:DELL)           -1 59/64     -4.95%     36 7/8
Ebay (Nasdaq:EBAY)                 -9     -5.54%    153 3/8
ExciteAtHome (Nasdaq:ATHM)     -1 1/4     -3.53%    34 3/16
Exodus (Nasdaq:EXDS)         -5 13/16     -4.83%   114 9/16
Intel (Nasdaq:INTC)            -1 3/4     -1.63%    105 7/8
Juniper (Nasdaq:JNPR)          +7 3/8     +3.54%    215 7/8
Lucent (NYSE:LU)                 +1/8     +0.24%     53 1/8
Microsoft (Nasdaq:MSFT)       -6 1/16     -5.72%   99 15/16
Oracle (Nasdaq:ORCL)           -2 5/8     -4.21%   59 11/16
Schwab (NYSE:SCH)                +1/2     +1.30%         39
Sun Micro (Nasdaq:SUNW)         -3/16     -0.20%    94 7/16
Qualcomm (Nasdasq:QCOM)      -4 15/16     -3.61%        132
Qwest (NYSE:Q)                  +9/16     +1.23%     46 1/4
Yahoo (Nasdaq:YHOO)          -22 5/16     -6.11%  342 11/16

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3. Notable Earnings Announcements

For a calendar of recent and upcoming earnings announcements,
please visit: http://www.smartportfolio.com/earnings.asp
AOL users
click here

Wendy's International (NYSE:WEN) reported fourth quarter earnings
of 33 cents per share, which was one penny ahead of Wall Street
estimates.  Shares of the popular fast food chain operator gained
5/16 (+1.81%) to 17 9/16 while shares of Dow component and fast
food leader McDonald's Corp. (NYSE:MCD) ended down 9/16 (-1.58%)
to 34 15/16.

Dole Food Co. (NYSE:DOL) reported fourth quarter earnings of 4
cents per share, which beat First Call consensus estimates by a
penny.  Shares of the world's leading fresh fruit and vegetable
producer jumped 7.11% (up 1) to 15 1/16.

4. Notable Upgrades and Downgrades

For full coverage of today's upgrades, downgrades and coverage
initiations, please click on the appropriate links below:

-- Upgrades - http://www.smartportfolio.com/upgrades.asp
AOL users
click here

Cabletron Systems (NYSE:CS) shares rose 4.10% (up 1 1/2) to 38
1/8 after Goldman Sachs raised its rating on the computer
networking equipment maker to market outperform from market
perform.

Goldman Sachs also upgraded Kerr-McGee (NYSE:KMG) to trading buy
from market outperform.  Shares edged up 3/8 (+0.79%) to 48 1/8.

Merrill Lynch raised its near-term and long-term ratings -- both
to buy from accumulate -- on Office Depot (NYSE:ODP).  Shares of
the office supplies retailer fell 5.50% (down 3/4) to 12 7/8.

Merrill Lynch also upped its near-term rating on Shell Transport
(NYSE:SC) to buy from accumulate.  Shares were off 15/16 (-2.14%)
to 42 13/16.

Sunoco (NYSE:SUN) was upgraded by PaineWebber to buy from
attractive.  Shares of the oil company gained 9/16 (+2.35%) to 24
1/2.

Alcoa (NYSE:AA) was upgraded by CIBC World Markets to buy from
hold.  Shares of the aluminum company and Dow component rose 2
3/16 (+3.34%) to 67 11/16.

-- Downgrades - http://www.smartportfolio.com/downgrades.asp
AOL users
click here

InterVU (Nasdaq:ITVU) was downgraded by Raymond James to market
perform from strong buy.  Shares ended higher by 3 3/8 (+2.64%)
to 131 3/8.

KeraVision (Nasdaq:KERA) was lowered by Prudential Securities to
hold from accumulate.  Shares lost 5.26% (down 7/16) to 7 7/8.

Complete Business Solutions (Nasdaq:CBSI) was downgraded by
Donaldson, Lufkin & Jenrette to market perform from buy.  Shares
dropped 11.18% (down 2 1/8) to 16 7/8.

Micron Technology (NYSE:MU) was downgraded by ING Barings to hold
from buy.  Shares of the semiconductor company lost 1 1/4 (-
1.73%) to 71 1/8.

-- Coverage Initiations -
http://www.smartportfolio.com/initiated.asp
AOL users
click here

Boston Scientific (NYSE:BSX) was started by Salomon Smith Barney
with a neutral rating.  Shares fell 15/16 (-4.70%) to 19.

F5 Networks (Nasdaq:FFIV) was initiated by McDonald Investments
with a buy rating.  Shares jumped 8 7/8 (+9.92%) to 98 3/8.

Chase Manhattan Bank (NYSE:CMB) was initiated by McDonald
Investments with a buy rating.  Shares dipped 1/2 (-0.60%) to 82
5/8.

5. Stock Splits

To obtain the latest information on stock splits, please visit:
http://www.smartportfolio.com/splits
AOL users click
here

This chart shows the companies that will split their shares
during the next 5 business days.  The "Pay" column shows the
payable date.  The "Ex" column refers to the ex-date, the date on
which the stock begins to trade at its split-adjusted price.  The
ratio refers to the number of split shares stockholders will
receive (a 2:1 ratio means that stockholders will receive one
additional share for each share they already hold).

Company                                        Pay   Ex    Ratio

Broadcom (Nasdaq:BRCM)                         2/11  2/14    2:1
Mercury Interactive (Nasdaq:MERQ)              2/11  2/14    2:1
PMC-Sierra (Nasdaq:PMCS)                       2/11  2/14    2:1
PSINet (Nasdaq:PSIX)                           2/11  2/14    2:1
Real Networks (Nasdaq:RNWK)                    2/11  2/14    2:1
Sycamore (Nasdaq:SCMR)                         2/11  2/14    3:1
Yahoo! (Nasdaq:YHOO)                           2/11  2/14    2:1
Infosys Technologies (Nasdaq:INFY)             2/14  2/15    2:1
Shaw Communications (NYSE:SJR)                 2/14  2/15    2:1
Yellowave Corporation (Nasdaq:YWAV)            2/14  2/15    2:1
ADC Telecom (Nasdaq:ADCT)                      2/15  2/16    2:1
Exar Corp. (Nasdaq:EXAR)                       2/15  2/16    3:2
Hormel Foods (NYSE:HRL)                        2/15  2/16    2:1
BlindView Development (Nasdaq:BVEW)            2/16  2/17    2:1
Citrix Systems (Nasdaq:CTXS)                   2/16  2/17    2:1
Ditech Corp. (Nasdaq:DITC)                     2/16  2/17    2:1
Dycom Industries (NYSE:DY)                     2/16  2/17    3:2
LSI Logic (NYSE:LSI)                           2/16  2/17    2:1
i2 Technologies (Nasdaq:ITWO)                  2/17  2/18    2:1

6. IPO Commentary

IPO Commentary - http://www.smartportfolio.com/ipo
AOL users click
here.

The IPO market continues to stand out as an oasis for investors
amid declines in major market indices, even in the tech-heavy
Nasdaq.  Several companies made their public debut and any
worries that investor enthusiasm for IPOs has dried up quickly
evaporated.  Leading the way was webMethods Inc. (Nasdaq:WEBM), a
provider of business-to-business (B2B) services for the e-
commerce sector, whose shares soared 507.50%.  Another strong
performer today was Internet services company Lante Corp.
(Nasdaq:LNTE), which bolted 174.69% on its debut.

One notable exception to the IPO frenzy was Pets.com
(Nasdaq:IPET), which closed unchanged at its offer price of 11 on
the day.  The disappointing performance of Pets.com reinforces
that a company's brand name is less important to investors than
the growth opportunities of the market in which the company
operates.  That is why we continue to see unknown names in the
B2B sector, like webMethods, soar while prominent companies in
slower growth industries, like Pets.com, stagnate.

To discover the many hot prospects in the IPO pipeline, subscribe
to a two week FREE trial of the Smart!Internet Report at
http://www.smartportfolio.com/freetrial
AOL users click
here.

7. IPOs Trading Friday

*Indicates an Internet related issue.

*WebMethods Inc. (Nasdaq:WEBM) - Provider of infrastructure
software and services that allow companies to achieve business-
to-business integration.
Price: 35  Open: 195  High: 215
Close: 212 5/8  Change: +177 5/8 (+507.50%)

*Pets.com Inc. (Nasdaq:IPET) - An online retailer of pet
products, integrating product sales with expert information on
pets and their care.
Price: 11  Open: 13 1/2  High: 14
Close: 11  Change: 0 (+0.00%)

*Lante Corp. (Nasdaq:LNTE) - An Internet services company that
develops sophisticated technology-based solutions that enable
emerging electronic markets.
Price: 20  Open: 44  High: 62
Close: 54 15/16 Change: +34 15/16 (+174.69%)

*FLAG Telecom Holdings Ltd. (Nasdaq:FTHL) - A global carriers'
carrier that develops and offers a broad range of innovative
telecommunications products and services to licensed
international carriers, Internet service providers and other
telecommunications companies.
Price: 24  Open: 30  High: 33 1/4
Close: 32 1/2  Change: +8 1/2 (+35.42%)

8.  IPO Calendar - http://www.smartportfolio.com/ipo
AOL users click
here.

For a calendar of upcoming IPOs and extensive information
concerning the IPO market, please visit:
http://www.smartportfolio.com/ipo
AOL users click
here.

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NASDAQ FALLS, BUT ARIBA KEEPS FLYING, UP NEARLY 17 TODAY!

Haven't heard of this leading business-to-business company?
Subscribers to the Smart!Internet Report have - they read an in-
depth analysis of the company in 2 previous issues, in which we
explained why this stock is primed for big gains.

To find out about your next compelling investment opportunity,
try a FREE 2-week trial subscription to the Smart!Internet
Report by visiting: http://www.smartportfolio.com/freetrials
AOL users
click here

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---
You are currently subscribed to update as: sshackl@ect.enron.com
To unsubscribe send a blank email to
leave-update-25348W@smartportfolio.sparklist.com


Pursuant to yesterday's emails, a point of clarification on timing.  The
EnronOnline team due diligence process requires two full weeks from the time
of official sign off by all relevant parties to bring a new business onto
production for external customers.

As soon as you are capable of providing an email which confirms your approval
we can begin setting the products up for online transactions.

Thank your for your cooperation.

Mark


---------------------- Forwarded by Dana Davis/HOU/ECT on 02/20/2001 11:17 AM
---------------------------

larrygilbert@dpnet.net (Church Growth Institute) on 02/20/2001 11:34:08 AM
To: Dana.Davis@enron.com
cc:
Subject: You can take the FREE Spiritual Gifts Analysis test!

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

Dear Friend,

A friend of yours, Bonnie Abraham, just took the Spiritual Gifts Analysis
Test at the Church Growth Institute web site. Your friend thought it was
very valuable and wanted to tell you about this unique FREE service!

Point your browser to the following web address, take the Spiritual Gifts
Analysis Test, and within minutes you'll know your dominant spiritual
gift and what you can do with it to minister to others. Here's the address:

http://www.teamministry.com/

I do hope you'll take advantage of this unique opportunity to learn about
yourself and how the Lord has gifted you!

Sincerely,

Larry Gilbert

President, Church Growth Institute

PS: Here's what your friend wanted to say to you:

Dana, Here is another inventory that I have taken in the past.
It's a very good one. Let me know what you think. BA


Here's today's highlights

 <<depsum9.27.doc>>

This e-mail message may contain legally privileged and/or confidential
information. If you are not the intended recipient(s), or the employee
or agent responsible for delivery of this message to the intended
recipient(s), you are hereby notified that any dissemination,
distribution or copying of this e-mail message is strictly prohibited.
If you have received this message in error, please immediately notify
the sender and delete this e-mail message from your computer.

 - depsum9.27.doc


----- Forwarded by Elizabeth Sager/HOU/ECT on 12/14/2000 09:36 AM -----

	William S Bradford
	12/14/2000 09:32 AM

		 To: Elizabeth Sager/HOU/ECT@ECT
		 cc:
		 Subject: FW: PG&E Guaranty/Enron Energy

---------------------- Forwarded by William S Bradford/HOU/ECT on 12/14/2000
08:34 AM ---------------------------

"Barker, Joe" <joe.barker@neg.pge.com> on 12/14/2000 09:24:59 AM
To: "'wbradfo@enron.com'" <wbradfo@enron.com>
cc:
Subject: FW: PG&E Guaranty/Enron Energy

Bill,
Here is the draft we discussed for your review.  I assume it is ok but let
me know if you want any further changes.
Thanks,
Joe

> -----Original Message-----
> From: Hein, Jennifer
> Sent: Thursday, December 14, 2000 10:15 AM
> To: 'wbradfo@enron.com'
> Cc: Ford, John E.; Barker, Joe; Sarti, Daniel
> Subject: PG&E Guaranty/Enron Energy
>
> Attached is the form of guaranty we propose to issue.  As you discussed
> with Joe Barker, this form is based on the guaranty issued to other Enron
> entities on January 15, 1999.
>
> Please verify for us the name and contact information for the Guaranteed
> Party.  (I was advised that PG&E Energy Services Corporation changed its
> name to  Enron Energy Marketing Corp.)
>
>  <<Guar 121300.doc>>
> Jennifer A. Hein
> Assistant General Counsel
> PG&E National Energy Group
> Phone: (301) 280-6326
> Fax: (301) 280-6060
>

 - Guar 121300.doc


-----Original Message-----
From: jfogg@reliantenergy.com [mailto:jfogg@reliantenergy.com]
Sent: Friday, November 16, 2001 8:16 AM
Subject: REGT Capacity Report Friday Nov 16

For gas flow for the weekend Saturday November 17 through Monday November
19,  REGT has the following IT capacity:

CGT                                0          CGT back on line at 326
Other Hub Delivery Points including TGT     10
Tetco Bald Knob                       20           TETCO pressures have
been up and down, limiting IT.
Texas Gas Helena                      90
MRT Glendale                          30
Other Line AC points                        30
Williams Jane                         20
Carthage Delivery                     10
SBS injection space                     0          warm weather and high
line pack
SBS withdrawal space                        50
Backhaul to west                      40

Good news, Delhi compressor is back on line and seems to be running ok.

Amber Station is flowing 338 Mdth east and Line 2 South is at 108 Mdth for
today.  Be aware that REGT is not offering any general interruptible
transportation discounts from West of Amber to east delivery points.  All
IT will be priced at max rate, unless of operational benefit to REGT.  REGT
is still full along Line AD and is approaching full levels at its Oklahoma
storage facilities.

Power plants burned around the 150 Mdth/d level yesterday and are nominated
at similar levels for today.  Arkla burned around 200 Mdth, lower than
normal for this weather.  There no major changes are forecasted for this
week.

Gas Prices     East  $1.875
          West  $1.795

 REGT Fuel - currently 1.31% plus $0.0014/dth EPC - based on above
= $0.02456/dth

I am in the office today.  You can call me at 713-207-5183 or AOL IM me at
JAFOGG for any rate quotes or questions.

Thanks

JAF


TO: Houston Area Employees Participating in the Domestic Medical Plan Benefits

You may have recently received communication from United HealthCare (UHC)
concerning Memorial Hermann Health Systems' (MHHS) decision to terminate
their contract with UHC  in the Houston/Beaumont area.  This communication
also included the names of physicians who will be dropped from the network
due to this action.  It is our intent to help you understand the situation.

It is our understanding that Memorial Herman Health Systems asked for a 40%
increase in fees - a substantial increase that would have been passed on to
you and Enron!  When United HealthCare attempted to negotiate with a counter
proposal, Memorial Hermann cancelled their contract.

While this contractual arrangement was between the hospital system and UHC,
Enron continues to support UHC in their ongoing contract negotiation
efforts.  At this time, it is only UHC which has been affected, however, it
is our understanding that Cigna has also been contacted by the hospital group
and may be in contract negotiations at this time as well.

Many doctors have obtained admission privileges to other area hospitals
within the UHC Network or have contracted directly with UHC including those
with admission privileges to The Woodlands, Sugarland and Clear Lake
Hospitals, to name a few.  In a further effort to limit disruption to our
affected employees and families who are enrolled in the UHC Network or EPO
options, Enron has authorized UHC to process claims incurred between
September 28 and December 31, 2000 as if the termination of the Memorial
Hermann Health Systems from the network had not occurred and In-Network
benefits applied.  Office visits will have a $10 copayment and all other
charges will be covered at 90%.  Hospital admissions will still need to be
pre-certified with UHC.

These steps have decreased the number of participants' affected by Primary
Care Physician disruption from 1,050 to 127.

If You Need Medical Attention:  You or your doctor/hospital must call UHC's
customer service number so proper benefits can be verified.  In some cases
the hospital or doctor may request payment at the time service is performed.
If this should happen, please obtain an itemized statement and submit it to
UHC with a claim form for prompt reimbursement.  Claim forms can be obtained
by calling 1-800-332-7979 or in Houston at 713-853-7979 ( press 1).

Open enrollment materials will be coming soon.  Take this opportunity to
consider your elections for 2001.

United HealthCare and Enron HR are committed to assisting Enron employees
through this transition.  We will communicate any  further developments that
may impact you or your family.


Assuming the test results are good, the move from the CES desks to the
appropriate ENA desks will take place either Wednesday or Thursday evening:

 CES - IM East   to ENA - IM East
 CES - IM Central  ENA - IM Central
 CES - IM Texas   ENA - IM Texas

This move will be done systematically for January forward business.  After
this move is complete, there should be no active deals remaining on the CES
desks.  The following is a list of deals that I wanted to bring to your
attention and review.  One of the base assumptions expressed by all was that
there were no transport usage tickets booked on the CES desk.  This is not
true; however transport usage tickets will be included in the change over;
therefore this will not be a problem.  On the East desk, three desk to desk
deals will not be able to be converted (see below).  Once all CES deals have
been changed to the East desk, I would imagine that these three desk to desk
deals need to be killed.

Please advise if there are any questions regarding the desk move.  If any
desk prefers to leave January as is and have deals moved February forward,
manual deal entry will be involved (ending the deals as of 01/31/99 on the
CES desk and creating a new deal on the appropriate physical desk).

SRM (x33548)

The data below is as of 01/24/00 7:00 PM


Here is my PR plan, with a few more additions from yesterday.  The team has
agreed that I can hire Fleishman Hillard in Miami immediately.  We use them
quite a bit and they have a Latin America practice.  So right now they can
help me from that office, which will ensure confidentiality.  If we deem
appropriate or necessary, when we get closer to the date they can bring in
teams from some of the countries where we need assistance.


----- Forwarded by Tana Jones/HOU/ECT on 10/25/2000 01:21 PM -----

	Dan Masters
	10/25/2000 01:06 PM

		 To: Paul de Canha/LON/ECT@ECT
		 cc: Daniela de Lisi/LON/ECT@ECT, Enron Europe Global CounterParty, Enron
Europe CP Name Changes, Sanjeev Gupta/NA/Enron@ENRON, Oscar
Rivera/NA/Enron@Enron
		 Subject: Re: Merger - New Name E.on Kraftwerke GmbH

Please take me off of this distribution.
Dan Masters

Paul de Canha
10/25/2000 12:10 PM
To: Daniela de Lisi/LON/ECT@ECT
cc: Enron Europe Global CounterParty, Enron Europe CP Name Changes, Sanjeev
Gupta/NA/Enron@ENRON, Oscar Rivera/NA/Enron@Enron
Subject: Merger - New Name E.on Kraftwerke GmbH

Bayernwerk Konventionelle Warmekraftwerke AG  and PreussenElectra Kraftwerke
AG and Co. KG are now inactive on GCP system .

They have now merged  and Formed E.on Kraftwerke GmbH .

Attached below is a fax confirming This . This has also been confirmed by
Neil Anderson and Anna Reich in Credit .

Regards
Paul
35593

Paul de Canha
25/10/2000 11:41
To: Stephen Furter/LON/ECT@ECT
cc:

Subject: E.on Kraftwerke GmbH - Merger

London Fax System
23/10/2000 17:53
To: ECT MAILIN LON UK EU GlobalCP DB ECTLONLN3@ECT
cc:

Subject: New fax received (Likely sender: 020 7783 8029).

You have received a new fax from 020 7783 8029

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Shirley,

No problem.

Vince

Shirley Crenshaw
05/16/2000 09:14 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc: Kevin G Moore/HOU/ECT@ECT, William Smith/Corp/Enron@ENRON
Subject: Vacation

Vince;

If it is allright, I would like to take a day of vacation, Friday, May 19th.

Thanks.

Shirley


As instructed in the Data Room and Site Visit Procedures, Southern Energy,
Inc. would like to request the following dates for site visits:

Lincoln Energy - Monday, Oct. 16th
Wheatland - Tuesday, Oct. 17th

We will have approximately 10 team members on our due diligence team and
will provide Enron with a list of names, titles and employer (for any
outside consultants, etc.) once we have been confirmed.

If you have any questions, please call me at 770-821-7623.  Thanks!


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IntercontinentalExchange
                                                                                Firm Power Price Bulletin
                                                                                For Power Delivered on Thursday, December  06, 2001
                                                                                (Trade Date of Wednesday, December  05, 2001)
Click here to access index history


Attached is the Annex B to be used for all future financial transactions between ENA and the referenced counterparty.  Let me know if you have any questions or need anything else.

Marie


All

Attached is a complete list of resources and scheduling IDs registered with
the PX.  This shows the customer to whom charges/payments are assessed when
you use a particular scheduling ID.  Use this list to help you determine
which ID to use when scheduling for a new customer for the first time.  If
I'm in the office, please discuss with me prior to actually sending in the
schedule to the PX.  Your assistance in this is greatly appreciated as it
will save time and prevent headaches for me each month.

Brett


You bet.  I knew there would be benefits coming from Product Control, I can
go directly to the source for information.

From: Tana Jones on 05/30/2000 10:05 AM
To: Lisa Gillette/HOU/ECT@ECT
cc:
Subject: Re: No longer with EOL Product Control

So I guess I'll be hearing from you when you need Confidentiality
Agreements.  So we'll still get to work together!

	Lisa Gillette
	05/30/2000 10:03 AM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: Re: No longer with EOL Product Control

I moving into Bob Shults group with EnronOnline Marketing.  So I am not
moving too far;  actually I am still going to be sitting at my current desk.

From: Tana Jones on 05/30/2000 09:56 AM
To: Lisa Gillette/HOU/ECT@ECT
cc:
Subject: Re: No longer with EOL Product Control

Where are you going?!

	Lisa Gillette
	05/30/2000 09:46 AM

		 To: Tom Moran/HOU/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT, Brant
Reves/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT, Anthony
Campos/HOU/ECT@ECT, Samuel Schott/HOU/ECT@ECT, Leslie Hansen/HOU/ECT@ECT,
Susan Flynn/HOU/ECT@ECT, Susan Bailey/HOU/ECT@ECT
		 cc: EOL Call Center
		 Subject: No longer with EOL Product Control

Hello Everyone,

Just wanted to inform you that I am leaving EnronOnline Operations as of June
1st, 2000.  Please take my name off of your email distribution lists
effective immediately.  Stephanie Sever will be taking over my
responsibilities and handling all relevant issues.  I have enjoyed working
with you all.

Thank you,

Lisa Gillette


the game plan was to look at the way in which PJM calculates the costs and then utilize tarriffs and market clearing prices to establish the ancillary services.. atleast that was my game plan.. that doesnot mean that it is easy to implement. My impression is that it is the obligation of the product development people to make sure that the products that they are selling are billable and i will help them identify where the prices are coming from.. how they do it is something that is beyond all the mess that i am willing to tackle at this time. If they are wanting a signoff from us on the product that is launched then they better show us that they have viable billing capabilities.
hope this helps.
-narsimha

 -----Original Message-----
From: 	Ring, Richard
Sent:	Thursday, October 04, 2001 10:46 AM
To:	Misra, Narsimha
Subject:	FW: Maryland Index Product - Update

Narsimha,

What was the "game plan" for accurately passing through (i) ancillaries (ii) losses and (iii) other uplifts, without opening up our books to audit by customer(s) to verify accurate passthru of costs, other than energy costs?

 -----Original Message-----
From: 	Hansen, Bob
Sent:	Wednesday, October 03, 2001 5:03 PM
To:	Misra, Narsimha; Ring, Richard; Pan, Liqun; Riley, Christopher
Cc:	Johnson, Gillian; O'Neil, Murray P.; Gonzalez, Victor; Blanks, Tom; Woodward, Jason; Stus, Erin
Subject:	Maryland Index Product - Update

Today, Gillian and I met with Murray O'Neil, Victor Gonzalez, Tom Blanks, Jason Woodward and Erin Stus about billing/systems issues with the MD Index product.  They are willing to support the MD index product in its current hourly-pricing design.  So, we can continue to assume a pass-through of hourly PJM BGE prices and all associated ancillaries, losses, and other uplifts (with physical delivery 7/1/02), with the only fixed component being deal costs (including a scheduling fee) and margin.

One issue that came up is how much of the hourly PJM data is already being tracked...so duplication of systems can be prevented.  Do you know of any particular PJM databases that already exist, that would be used to develop the PJM BGE index?

The draft Product Approval Template (copy attached) is still on target, so please let me know if you have any changes.  If not, we will soon broaden the reviewers and see if we can get approval signatures.

Thanks!
Bob

 << File: BGE Sch P Index Product Approval Template (9-26-01).doc >>


The following name correction was completed in GCP today:

CP ID		FROM						TO
160982		Malik Auto Center				George Bell Trucking Ltd., dba Malik Auto Center

Shortname changes will be coordinated with ERMS IT on Friday, November 30.

Thanks,

Ruby Kyser
Global Data Management
       713-345-8136
Fax 713-646-5797
ruby.kyser@enron.com