TODAY'S HEADLINES
The New York Times on the Web
Monday, December 10, 2001
------------------------------------------------------------
For news updated throughout the day, visit www.nytimes.com

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QUOTE OF THE DAY
=========================
"The winter days are long and dark and cold. They're
fourteen-and-a-half-hour days now. Maybe in the summertime,
I'll get some sleep, if I live that long."
-EDDIE REINLE, a worker at ground zero.

http://www.nytimes.com/2001/12/10/nyregion/10ZERO.html?todaysheadlines

NATIONAL
=========================
Cities and States Say Confusion and Cost Hamper Security
Drive

Despite calls to a domestic defense drive, many local
governments are starting to balk because of the costs and
the frustration over confusing intelligence information.
http://www.nytimes.com/2001/12/10/national/10HOME.html?todaysheadlines

-----

DNA Clears Virginia Man of 1982 Assault

A new Virginia law that allows exoneration on the basis of
DNA testing has cleared a man of a rape conviction that
many complained was steeped in racism.
http://www.nytimes.com/2001/12/10/national/10DNA.html?todaysheadlines

-----

California Appellate Ruling Aids Foes of 3-Strike Law

Public defenders across California have been digging up old
cases to mount the first broad challenge to the state's
three-strikes law.
http://www.nytimes.com/2001/12/10/national/10STRI.html?todaysheadlines

-----

MORE NATIONAL NEWS:
http://www.nytimes.com/pages/national/index.html?todaysheadline

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INTERNATIONAL
=========================
Taliban Give Way in Final Province Where They Ruled

The five-year rule of the Taliban, exceptionally harsh even
in a land governed for decades by bloodletting, came to an
official end on Sunday.
http://www.nytimes.com/2001/12/10/international/asia/10AFGH.html?todaysheadlines

-----

Terror Money Hard to Block, Officials Find

Officials say Al Qaeda's money apparatus is so far-flung and
diversified that it could survive even if Osama bin Laden
is captured or killed.
http://www.nytimes.com/2001/12/10/international/10MONE.html?todaysheadlines

-----

Tape Surfaces With Remarks by bin Laden

A tape of Osama bin Laden found recently in Afghanistan
shows him recounting news reports of the first plane
crashing into the World Trade Center.
http://www.nytimes.com/2001/12/10/international/10TAPE.html?todaysheadlines

-----

MORE INTERNATIONAL NEWS:
http://www.nytimes.com/pages/world/index.html?todaysheadline

BUSINESS
=========================
Hewlett Chief Battles for Her Deal and Her Career

If the proposed merger between Hewlett-Packard and Compaq
collapses, Carleton S. Fiorina, Hewlett-Packard's chief,
will likely depart the company.
http://www.nytimes.com/2001/12/10/technology/ebusiness/10CARL.html?todaysheadlines

-----

Recovery and the Reluctant Consumer

American consumers may still want to spend, but the earnings
gains that fuel buying are   slowing.
http://www.nytimes.com/2001/12/10/business/10ECON.html?todaysheadlines

-----

AT&T Finds Cable TV Bids Unacceptable

AT&T has reviewed the three competing bids for its cable
television business, the nation's largest, and found all of
them inadequate.
http://www.nytimes.com/2001/12/10/technology/ebusiness/10ATT.html?todaysheadlines

-----

MORE BUSINESS NEWS:
http://www.nytimes.com/pages/business/index.html?todaysheadline

TECHNOLOGY
=========================
Hewlett Chief Battles for Her Deal and Her Career

If the proposed merger between Hewlett-Packard and Compaq
collapses, Carleton S. Fiorina, Hewlett-Packard's chief,
will likely depart the company.
http://www.nytimes.com/2001/12/10/technology/ebusiness/10CARL.html?todaysheadlines

-----

New Chip Ideas Not So Far-Fetched

Concepts that once seemed far-fetched suddenly have a
tantalizing whiff of attainability as chip researchers
meet.
http://www.nytimes.com/2001/12/10/technology/10NECO.html?todaysheadlines

-----

Online Archive for Coke Advertising

Coca-Cola is putting its marketing heritage into an online
archive for those who seek to expand on it.
http://www.nytimes.com/2001/12/10/business/media/10ADCO.html?todaysheadlines

-----

MORE TECHNOLOGY NEWS:
http://www.nytimes.com/pages/technology/index.html?todaysheadline

POLITICS
=========================
Analysts Say Condit's Run May Hurt Democrats in '02

Representative Gary A. Condit's decision to seek re-election
could hurt the Democratic Party as it tries to regain
control of the House, according to political analysts.
http://www.nytimes.com/2001/12/10/politics/10COND.html?todaysheadlines

-----

Hillary Clinton Returns to a National Forum

On Sunday's "Meet the Press," Tim Russert questioned Hillary
Clinton on a range of topics, including military tribunals,
bioterrorism, and Israel.
http://www.nytimes.com/2001/12/10/nyregion/10HILL.html?todaysheadlines

-----

Parties Trade Charges Over Stimulus

Republican and Democrat leaders accused each other of trying
to sabotage talks on an economic stimulus package for
political advantage over the weekend.
http://www.nytimes.com/aponline/politics/AP-Attacks-Economy.html?todaysheadlines

-----

MORE POLITICS NEWS:
http://www.nytimes.com/pages/politics/index.html?todaysheadline

SPORTS
=========================
This Rose Bowl Has Its Thorns

Even though many coaches, journalists and fans disagree,
Nebraska finished No. 2 in the B.C.S. ahead of Colorado and
Oregon, putting the Huskers in the Rose Bowl.
http://www.nytimes.com/2001/12/10/sports/ncaafootball/10BCSS.html?todaysheadlines

-----

The Giants Hit Bottom

With an ugly loss to the Dallas Cowboys, the Giants seem to
have belly-flopped into the crowded pool of post-Super Bowl
busts.
http://www.nytimes.com/2001/12/10/sports/football/10GIAN.html?todaysheadlines

-----

Sky Is Falling on Jets Again

While the Jets are still in playoff contention after losing
to the Pittsburgh Steelers, their position has grown more
perilous.
http://www.nytimes.com/2001/12/10/sports/football/10JETS.html?todaysheadlines

-----

MORE SPORTS NEWS:
http://www.nytimes.com/pages/sports/index.html?todaysheadline

ARTS
=========================
South African Museum Recreates Apartheid

South Africa's first  apartheid museum opened two weeks  ago
in Johannesburg as a biting reminder of a past that many
people here would prefer to forget.
http://www.nytimes.com/2001/12/10/arts/design/10MUSE.html?todaysheadlines

-----

A Revolt Against God With No Apology

The amazing Liev Schreiber presents a tic-ridden, sexually
crippled Iago who is as mad as a rabid raccoon in the
Public Theater's fast-paced production.
http://www.nytimes.com/2001/12/10/arts/theater/10OTHE.html?todaysheadlines

-----

Pain and Glory Meet on Track and Onstage

The 2002 Winter Olympics commissioned  Judith Jamison to
create a tribute to  Florence Griffith Joyner, and she
responded with a stunningly inventive work.
http://www.nytimes.com/2001/12/10/arts/dance/10ALVI.html?todaysheadlines

-----

MORE ARTS NEWS:
http://www.nytimes.com/pages/arts/index.html?todaysheadline

NY REGION
=========================
Ripples of Sept. 11 Widen in Retailing

Small businesses throughout New York City and   across the
nation have experienced a potentially devastating drop in
sales since Sept. 11.
http://www.nytimes.com/2001/12/10/nyregion/10SMAL.html?todaysheadlines

-----

At the Pit, a Night Shift to Numb the Body and Soul

Workers on the night shift at ground zero must grapple with
strained marriages, spotty eyes from the floodlights, the
cold and the wind.
http://www.nytimes.com/2001/12/10/nyregion/10ZERO.html?todaysheadlines

-----

States Seek More Federal Money to Meet Predicted Increase in
Medicaid Rolls

New York is helping to lead states in an effort to persuade
the federal government to provide billions of dollars of
additional aid to help cover the cost of Medicaid.
http://www.nytimes.com/2001/12/10/nyregion/10MEDI.html?todaysheadlines

-----

MORE NY REGION NEWS:
http://www.nytimes.com/pages/nyregion/index.html?todaysheadline

OP-ED
=========================
Mistakes Will Be Made
By BOB HERBERT
We're fallible, and it's important to  keep that in mind as
we put in place procedures to keep the nation as secure as
possible.
http://www.nytimes.com/2001/12/10/opinion/10HERB.html?todaysheadlines

-----

Reading Putin's Mind
By WILLIAM SAFIRE
What's on  the mind of President Vladimir V. Putin of
Russia? An op-ed columnist lets his imagination go there.
http://www.nytimes.com/2001/12/10/opinion/10SAFI.html?todaysheadlines

-----

The Broadband Economy
By KAREN KORNBLUH
A resource crucial to the economic recovery of the  United
States is buried underground: hundreds of thousands of
miles of fiber-optic   cable.
http://www.nytimes.com/2001/12/10/opinion/10KORN.html?todaysheadlines

-----

MORE OP-ED  NEWS:
http://www.nytimes.com/pages/opinion/index.html?todaysheadline

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Attached is the analysis we discussed earlier today.  Please call me at
x36027 to discuss.

RH


Jon -- Ricardo Charvel is pulling together the briefing for Ken, so please
share the EBS activities/ agenda with him.  Thanks
---------------------- Forwarded by Steven J Kean/HOU/EES on 08/02/2000 03:03
PM ---------------------------

Ken Rice@ENRON COMMUNICATIONS
08/02/2000 02:13 PM
To: Jon Thomsen/Enron Communications@Enron Communications
cc: Steven J Kean/HOU/EES@EES
Subject: Ken Lay's Meeting with Fox

 Jon

Ken Lay is going to be attending a multi CEO meeting with President - elect
Fox on August 24.  They will be discussing a number of issues regarding
energy, telecom, commerce ... etc.  He needs a one page briefing sheet on our
activities in Mexico sometime in the next week or so.  Please put together
something and work through Steve Kean's group to give Ken the info.

Thanks

Ken


saturday is better for me.  just let me know.


Mark, Dan,

Please review the attached guaranty and provide your comments.  The guaranty
is to replace the existing guaranty's covering ENA and ECC.

Thank you,
Russell

 -----Original Message-----
From:  Espinoza, Veronica
Sent: Tuesday, May 01, 2001 1:21 PM
To: Diamond, Russell
Subject: FW: TXU Energy Trading--Guaranty
Importance: High

 -----Original Message-----
From:  Espinoza, Veronica
Sent: Monday, April 23, 2001 11:11 AM
To: Diamond, Russell
Subject: FW: TXU Energy Trading--Guaranty
Importance: High

Just wanted to let you know that I still have not received word from either
attorney about their acceptance.  So, we haven't received the gty yet.  Let
me know what we should do.

Veronica

 -----Original Message-----
From:  Espinoza, Veronica
Sent: Thursday, March 22, 2001 5:46 PM
To: Keohane, Peter; Hyvl, Dan
Cc: Diamond, Russell
Subject: TXU Energy Trading--Guaranty
Importance: High

Peter and Dan--

TXU is in the process of amending the current Guaranty to have the cap amount
increased due to an increase in trading.  Please review the attached document
and send any commentary back to my attention.  The beneficiaries involved are
both Enron North America Corp. and Enron Canada Corp.

I would appreciate a prompt response in order to have the Guaranty executed
as soon as possible by the counterparty due to the current exposure that we
currently have out to them.

Thank you,

Veronica Espinoza


To cut to the chase....would CB1 fault the turbine when the PMT breaker
tripped and if so then would the downtime or line out time availability hour
counter be incremented?    If the PMT breaker trip doesn't always cause a
given fault then is there any easy way (SCADA data or site crew experience)
for us to estimate what percentage of the trips did fault the turbine
offlline due to a downtime or line out fault?  Please answer these
questions;  we will then know what corrections, if any, we need to make to
availability.

Tim Mohammed
06/14/2002 07:52 AM
To: Joe Thorpe/EWC/Enron@Enron
cc: Kurt Anderson/EWC/Enron@ENRON, Kevin Cousineau/EWC/Enron@ENRON, Jeff
Maurer/EWC/Enron@ENRON, John Nemila/EWC/Enron@ENRON, Hollis
Kimbrough/EWC/Enron@ENRON, Mark Fisher/EWC/Enron@Enron, Mark V
Walker/EWC/Enron@ENRON, Tom Nemila/EWC/Enron@ENRON

Subject: Zilkha Availability

Joe,
Lets not forget that we had measure problems due to failing MS3 relay in the
SEG converter, which caused the crow bar to engage, which in turn forced CB1
to fault.

CB1 is designed to do both synchronization and was set to protect the turbine
and the converter in a fault condition. The original instantaneous settings
of 8000A was too high and allowed too much current through the system that
damaged the converter and caused IGBTs to blow before it tripped. The second
failure was due to a QA issue with failing CB1 to trip when it was commanded
to by the converter. In both events we had catastrophic failures and lost 2
converters due to CB1 failing to protect the system. To remedy this problem,
we installed the PMT for CB1 redundancy and decreased the instantaneous
setting from 8000A to 3000A and since then we didn't have any IGBT blow ups
or any catastrophic failures

Even though that I am still not clear about Gary's question at the end, I
hope that the above provide some help.

Thank you,

Tim M

Joe Thorpe
06/13/2002 04:48 PM
To: Kurt Anderson/EWC/Enron@ENRON, Kevin Cousineau/EWC/Enron@ENRON, Tim
Mohammed/EWC/Enron@Enron
cc: Jeff Maurer/EWC/Enron@ENRON, John Nemila/EWC/Enron@ENRON, Hollis
Kimbrough/EWC/Enron@ENRON, Mark Fisher/EWC/Enron@Enron, Mark V
Walker/EWC/Enron@ENRON

Subject: Zilkha Availability

Kurt,
 Per our phone conversation, Mark Fisher and myself have been discussing
availability with Gary from Zilkha. A question arose regarding the many
operations of our breaker in the pad mounted transformer that took place
December through March. Gary's thought is that when we recalculate the
availability, we need to count these times as down time and not Line Out
Hours as they have currently been counted. I suggested that according to
Exhibit GG in the TSIA, LOH is defined in short as any time the grid does not
meet "(i) the specifications required by the WTG as set forth in the
Technical Specifications", and Gary agrees with this. The problem is that an
engineering change on the breaker settings was implemented some time in March
to reduce the number of breaker operations on site. We are still seeing many
grid faults in the turbine but not in the PMT breaker. The question that Gary
brought up is were the original settings of the breaker set to the WTG
Technical Specifications and operating due to the on going grid conditions OR
were the settings improper to start with causing the breaker to operate while
the grid was within Technical Specifications.


Hello Mr. Haedicke.  Attached is the resume of Joel C. Ross.  Please handle
this submission with the utmost confidentiality.  Joel is partner in the
Austin office of Brown McCarroll & Oaks Hartline.  Joel graduated with
honors in 1992 from the University of Texas Law School.  Joel started his
career with the Atlanta office of Jones, Day, Reavis & Pogue.  Prior to his
position with Brown McCarroll, Joel was senior corporate counsel with
Magellan Health Services, Inc., where he was responsible for the company's
merger, acquisition, and divestiture activity.  Joel is very interested in
the opportunity presented by Enron North America.

Attached to Joel's resume is a transaction list.  As you can see, he has
significant experience with mergers, acquisitions, securities, corporate
formation, and tax.  Please advise if I can supply you with further
information about Mr. Ross, or if you would like to schedule an interview.

Regards,

/Steve

 <<Ross, Joel.doc>>

Stephen P. Dillon, J.D.
Executive Recruiter
LucasGroup
Recruiting Excellence Since 1970

Two Riverway, Suite 400
Houston, Texas 77056
713-864-5595 Ext. 231
Fax: 713-599-1657
800-878-7060
sdillon@LucasCareers.com
www.LucasCareers.com

 - Ross, Joel.doc


In order to better align our engineering and operations capabilities with the
commercial businesses they support, we are pleased to announce the following
organizational change will be effective immediately.  A new business unit,
Enron Engineering and Operational Services (EEOS), is being formed which will
include our existing operations in Enron Engineering and Construction Company
(EE&CC), Operational Energy Corporation (OEC), and National Energy Production
Corporation (NEPCO).

Brian Stanley, as President and Chief Executive Officer, and Keith Dodson, as
Chief Operating Officer will provide the leadership for this new
organization, reporting to the Office of the Chairman of Enron Wholesale
Services.  NEPCO will continue to operate as a stand-alone business under
John Gillis, President.

With the majority of EE&CC and OEC,s activities focused on assets and
projects which are in Wholesale Services, this will better align the efforts
of EEOS with the commercial businesses it supports.  While EEOS will be a
stand-alone unit within Enron Wholesale Services it will work very closely
with and have direct accountability to the business units it supports.

This realignment also centralizes our engineering and operations capabilities
in a single business segment and should ensure that innovation and best
practices are shared and implemented across our many operations and will also
allow for better identification of priorities and more effective allocation
of resources to these projects.  Consistent with this approach, Development
Engineering will have dual reporting to both EEOS and the business units
which they support.

With an extensive and varied portfolio of assets around the world and a wide
variety of new development opportunities available to Enron, it is critical
that we continue to maintain the best in class capability to design,
construct, commission, and effectively manage and operate Enron,s assets on a
global basis.

This new global business unit should insure that we will continue to enhance
these demonstrated capabilities and provide us with a sustainable advantage
as we advance our business strategy around the world.

Please join us in congratulating Brian and Keith on their new assignments.

Mark Frevert & Dave Delainey


?
----- Original Message -----
From: Larry Knigge
 - BallotWPBF11.11.00.doc


I just created "2000bug03.xls" and "2000tran03.xls".

Joe, we will continue to use the CES Wholesale tab in the 2000tran03
worksheet.


The e:mail system never recognizes Rick Causey, so you were dropped from the
first distribution.  I have to remember to type your full first name!
---------------------- Forwarded by Sally Beck/HOU/ECT on 03/14/2000 04:25 PM
---------------------------

	Enron North America Corp.

	From:  Sally Beck                           03/14/2000 04:25 PM

To: Cliff Baxter/HOU/ECT@ECT, Greg Whalley/HOU/ECT@ECT, David W
Delainey/HOU/ECT@ECT
cc: Susan Skarness/HOU/ECT@ECT, Liz M Taylor/HOU/ECT@ECT, Kay
Chapman/HOU/ECT@ECT, Sharron Westbrook/Corp/Enron@ENRON, Brent A
Price/HOU/ECT@ECT, Kristin Albrecht/HOU/ECT@ECT, Brenda F Herod/HOU/ECT@ECT
Subject: Out of the Office

I will be out of the office Wednesday through Friday this week (March
15-17).   I will be with my children while they are on Spring Break.  I can
be reached those three day either at home (281-370-8568) or on my cell phone
(713-417-1591).   The following persons will serve as key operations contacts
in the office while I am out:
Key Operations Contacts March 15-17

  Brent Price   Business Controller, Gas  x37647

  Kristin Albrecht   Business Controller, Power  x34763

Also, I will be in the London office during the week of March 20th.  I am
working with Fernley Dyson and John Sherriff to structure training and
orientation for a new head of trading operations that has been hired in
London.  I am also working to provide transition resources to London for
operational controls unttil the new guy is on board.  My work on this should
be completed by the end of next week.  I will return to Houston on Friday,
March 24.  My assistant, Patti Thompson (x39106),  will have a copy of my
schedule while I am in London as well as an international mobile phone number
where I can be reached. Please don't hesitate to call.  I will be responding
to voice mail messages throughout the week.   The following persons will
serve as key operations contacts in the Houston office while I am working
from London:

Key Operations Contacts  March 20-24

  Brenda Herod   Business Controller, Gas  x35778

  Kristin Albrecht   Business Controller, Power  x34763

Kristin Albrecht will attend the Monday, March 20th staff meeting at 9:30 in
my absence.


FYI - see attachment below from Kelly re: open issues.  Mainly, there's some
issues which just need babysitting or someone making sure they're up to
date.  Let me know if anyone wants to discuss them in more detail.

RANDY
---------------------- Forwarded by Randal Maffett/HOU/ECT on 03/02/2001
10:45 AM ---------------------------

"Kelly and Basil Mahmoud" <kmahmoud@austin.rr.com> on 03/02/2001 11:36:57 AM
To: <Randal.Maffett@enron.com>
cc:
Subject: ECOGAS open issues

Randy,
Attached is a file of open issues for your review.  I will update this list
throughout March.  I created the list so that after I leave Enron, remaining
open issues can be transitioned to a new person easily.  I think that my
last day should probably be March 31 because  I would like to continue to
oversee Melton and Melton's activities.

I will be on vacation the first week in March - trip to Mass.  I do not
think that I have enough vacation to take an entire week this early in the
year.  However, I am requesting some slack since I lost three weeks of
vacation during 2000.  I had four weeks in 2000 (includes one carryover week
from 1999) and I only took a few three day weekends for vacation during
2000.

I am working from home now because PNE needs to move Marie into my office.
(PNE hired Al Erwin and he is taking Marie's old office.)  I can be reached
by cell 512-633-1229 or at home 512-346-9813. My e-mail is
kmahmoud@austin.rr.com.

Thanks,
Kelly

 - ECOGAS open issues.doc


Gal actually

She's a Cindy type person who has been responsible for organising this conference for years.

 -----Original Message-----
From: 	Lavorato, John
Sent:	Tuesday, September 25, 2001 3:00 PM
To:	Kitchen, Louise
Subject:	FW: Enron Management Conference - Home Video Project
Importance:	Low

Who is this guy.

 -----Original Message-----
From: 	James, Terrie
Sent:	Tuesday, September 25, 2001 2:19 PM
To:	Lavorato, John
Cc:	Clark, Mary
Subject:	RE: Enron Management Conference - Home Video Project

I heard about the videos at your offsite and I'm hoping people will take your lead.  VHS shot on someone's Sony will be great!  Innovision has also agreed to work with any team to simply provide editing services for them.

As for the $10,000 figure ... I was concerned that if "outsourcing" wasn't an option, we wouldn't get many entries.  But the cheaper the better -- there will be recognition given to the best "independently produced" video.

Thanks for your input and I hope Enron Americas will have a submission.
Terrie
 -----Original Message-----
From: 	Lavorato, John
Sent:	Tuesday, September 25, 2001 12:54 PM
To:	James, Terrie
Cc:	Kitchen, Louise
Subject:	RE: Enron Management Conference - Home Video Project

You should give zero budget for videos, not 10,000.  We did this for our offsite and it worked fine.

 -----Original Message-----
From: 	James, Terrie
Sent:	Tuesday, September 25, 2001 12:35 PM
To:	Lay, Kenneth; Whalley, Greg; Frevert, Mark; Causey, Richard; Fastow, Andrew; Koenig, Mark; Delainey, David; Dietrich, Janet; Horton, Stanley; McCarty, Danny; McMahon, Jeffrey; Bowen Jr., Raymond; Sherriff, John; Brown, Michael - COO London; Fallon, Jim; Dimichele, Rich; Lavorato, John; Kitchen, Louise; Mcconnell, Mike; Shankman, Jeffrey A.; Piper, Greg; Beck, Sally
Cc:	Kean, Steven J.; Olson, Cindy; Clark, Mary; Williamson, Joannie; 'beth.stier@innocom.pv'
Subject:	Enron Management Conference - Home Video Project

The Enron Management Conference will be held Wednesday through Friday, November 14-16, 2001, at the Westin La Cantera Resort in San Antonio.  While the business agenda is still being finalized, there is one thing that is certain ... we want to inject some humor into the event.  The past year has been eventful, and at times challenging, for Enron and its employees.  However, it's not in Enron's corporate fabric to focus on the past.  Instead, we want to look ahead, and even laugh at ourselves.  The Management Conference will provide a platform for just that.

We want to challenge each of the business units to develop and submit a humorous "Home Video" to be presented at the Management Conference.  The video can address any Enron-related topic that your business unit chooses.  However, there are a few rules to follow.
1.) The videos should be no more than five minutes long.
2.) Business units should spend as little as possible on the videos, and no more than $10,000.  Innovision Communications (Beth Stier) has agreed to work with any business unit to help them create an original, inexpensive video.  Innovision can be contacted at 713-446-4424.
3.) The videos should be fun, but not disparaging.  They should adhere to Enron's values of respect, integrity, communication and excellence.
4.)  By Monday, October 15, business units need to notify me of their intention to submit a video.  To avoid duplication, business units will also need to identify a topic they intend to address.
5.) To ensure inclusion in the Management Conference agenda, videos need to be submitted to me by Friday, November 9.
6.)  Awards will be given for creativity and humor.  The first annual, and soon-to-be-coveted, "Enny" will also be awarded for "Best Overall Video."

If you have any questions about the "Home Video" project, please contact myself or Mary Clark.

Terrie James
ph. 713-853-7727
terrie.james@enron.com

Mary Clark
ph. 713-853-7325
mary.clark@enron.com

Good luck and happy filming!
Terrie James


FYI.  Not for dissemination outside this distribution.  Documents delivered to Hertzberg to follow.

Best,
Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 07/02/2001 10:05 PM -----

	Phil Isenberg <Isenberg@HMOT.com> 07/02/2001 03:26 PM 	   To:   cc: Ann.Cohn@sce.com, brbarkovich@earthlink.net, cohnap@sce.com, cra@calretailers.com, debinorton@aol.com, derek.naten@roche.com, dhunter@s-k-w.com, dominic.dimare@calchamber.com, drothrock@camfg.com, ek@a-klaw.com, fieldejr@sce.com, jdasovic@enron.com, john.redding@gene.GE.com, jstewart@cmta.net, kmccrea@sablaw.com, kt@a-klaw.com, lga@mother.com, liebmand@haynesboone.com, mdjoseph@adamsbroadwell.com, mflorio@turn.org, mkahl@ka-pow.com, Robert.Albergotti@asm.ca.gov, smutny@iepa.com, vjw@cleanpower.org, wbooth@booth-law.com, "'John.Fielder@sce.com'" <John.Fielder@sce.com>, mkahl@ka-pow.com  Subject: Final Report

Gang:

The final letter and document will be given to the Speaker shortly.  As you
may know, TURN ultimately decided not to participate.  Also, late last week
the Utility Workers had an elected change of leadership and there was not
enough time to bring the new officers up to speed by our deadline.

The Speaker plans on using our product to simultaneously encourage the PUC
not to close the door on direct access and, if necessary, convince the
Legislature to pass this year a meaningful direct access program (if the PUC
goes south on us).  Also, I believe he hopes that our work will help
convince the Legislature to move to restore SCE to financial stability - and
to do so rapidly.

This last month has been very interesting to me - "oddly satisfying" is how
I described it, even if most of you did object to the phrasing - and I
appreciate the opportunity of working with you.  For whatever reasons, there
is nothing like an intractable social and political problems to get me
interested.  Thanks very much for participating.

Phil


As you know, the Ostrip Functionality has been altered.  This change has affected the way the larryoptmodel values the gas daily options.  The reason the larryoptmodel is affected is because the larryoptmodel was defining the inputs to the Ostrip model differently than the documentation asked.  Let me explain.  The Ostrip Model has the following date inputs:

NowToSet 	- Fixed Price = zero
		- Forward Start = days from now until strike is set

BegDays	- Fixed Price = days from now until start of option
		- Forward Start = days from when strike is set until start of option

EndDays	- Fixed Price = days from now until end of option
		- Forward Start = days from when strike is set until end of option

FwdStFlag	- Fixed Price = 0
		- Forward Start = 1

The Ostrip model should overlook the NowToSet days if the FwdStFlag = 0 (fixed price option).  It assumes the option is set right now.  The "Old Ostrip Model" did not overlook this input.  This is the problem.  In Larryoptmodel, the NowToSet is the same for Fixed Price options and Forward Start Options, the BegDays is the same and the EndDays is the same.  Thus when the "Old Ostrip Model" incorrectly used the NowToSet days, this made the Larryoptmodel value the option correctly.  When the "New Ostrip Model" was put into production, this model overlooks the NowToSet date, thus giving an incorrect value in Larryoptmodel.

Larryoptmodel has to be changed to reflect the above inputs.  It is actually only a change to one date.  This date will be used in calculating the three days above.  If the option is a fixed price option then the date will be today and NowToSet will be Today minus Today (zero), BegDays will be Start of Option minus today, EndDays will be End of Option minus today.  If the option is a forward start option, then the date will be when the strike is set and the NowToSet with be the strike setting date minus today, BegDays will be Start of Option minus the strike date, EndDays will be the End of Option minus strike date.

It is important to note that it is unexcusable to make any changes to the models without consulting the traders first.  If there was a problem with the "Old Ostrip Model" then the trader should have been notified right away.  This could have meant that the options were being misvalued when trading.  In this case, however, Larry had figured a way around this problem and he was valuing correctly.  When the model was changed, that changed the larryoptmodel valuation and now it was being valued incorrectly.  Either way, any problems with the models should be communicated with the traders right away.  Any changes to the models should be communicated to the traders before they are made.

Please let me know if any have any questions or concerns.  Thanks.

John


Start Date: 4/30/01; HourAhead hour: 6;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001043006.txt
Error: Invalid variant type conversion

---- Energy Import/Export Schedule ----
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTstCA
  MKT_TYPE: 2
  TRANS_DATE: 4/30/01
  TIE_POINT: PVERDE_5_DEVERS
  INTERCHG_ID: EPMI_CISO_5001
  ENGY_TYPE: FIRM

---- SC Trades Schedule ----
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/30/01
  TRADING_SC: CALP
  PNT_OF_INTRC: SP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 1
  DEAL_NO: 1


-----Original Message-----
From: 	Pathak, Neeran
Sent:	Tuesday, October 16, 2001 8:07 AM
To:	Keavey, Peter F.
Subject:


Steve,

All these provisions make a lot of sense. Anjam showed very poor judgment one
more time.
He got a very generous offer to move to Houston.

I recommend keeping him on the payroll, and at home, as long as possible.

Vince

Richard Lewis
10/26/2000 04:41 AM
To: Steven Leppard/LON/ECT@ECT
cc: Dale Surbey/LON/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT, Melanie
Doyle/LON/ECT@ECT, Simon Hastings/LON/ECT@ECT
Subject: Re: Actions on Anjam's resignation

I will sit Anjam down before he leaves and explain the confidentiality
provisions in his contract and that we will pursue them vigorously.  Melanie
- can you give me a copy, Steve, let me know when he is leaving - I'll do it
closer to the time.

Richard

Steven Leppard
26/10/2000 10:13
To: Dale Surbey/LON/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT, Melanie
Doyle/LON/ECT@ECT
cc: Richard Lewis/LON/ECT@ECT, Simon Hastings/LON/ECT@ECT

Subject: Actions on Anjam's resignation

All

My preferred approach to dealing with Anjam's departure is given below.
These recommendations are informed by the fact that I don't feel Anjam has
much to offer his next employer, except what code and data he can remove from
Enron:

HR-type stuff:
1. Get Anjam off the trading floor as soon as possible.  There is no need for
him to remain on the floor.
2. Determine where Anjam is heading.  We need to know who is going to know
our positions and curves next.

IT-type stuff:
1. Ask him to catalogue the contents of his h: drive, since the rest of the
group will need to support his work in the future.  This should take no more
than a day or two.
2. Get IT to obtain their backups of Anjam's h: drive for weekly intervals
over the last two months.  This will allow us to determine what he has
deleted.
3. Get IT to provide a snapshot of Anjam's Notes folders, and provide records
of mail sent out to the internet over the last couple of months.  I'm worried
about code/data he may have zipped up and mailed out.
4. Ask IT to use a utility program to determine what has been deleted from
Anjam's c: drives.  There may be useful info here too.

Steve


Notice #00-331
October 12, 2000

TO:
ALL NYMEX DIVISION MEMBERS
ALL NYMEX DIVISION CLEARING MEMBERS
ALL MEMBER FIRMS

FROM: Neal Wolkoff, Executive Vice-President

SUBJECT: PROPOSED RULE TO ALLOW STRIP TRADING IN PROPANE
______________________________________________________________________________
___

The NYMEX Board of Directors has voted to allow strip trading in the Propane
Contract.  The proposed amendment to Rule 6.08D must be reviewed by the
Commodity Futures Trading Commission (CFTC) prior to implementation.  The
proposed rule amendment is attached below.

This rule amendment will become effective after CFTC approval is received.
The Membership will be notified when strip trading will begin.

If you have any questions, please contact Daniel Brusstar at (212) 299-2604.

PROPOSED RULE AMENDMENT
(*Asteriks* surrounding a word or phrase represent an addition, and
[brackets] a deletion)

NYMEX Floor Rules
Rule 6.08D.   STRIP TRANSACTIONS

(A) Definition:  A strip transaction shall consist of either the simultaneous
purchase or sale of an equal number of contracts in each of two or more
consecutive contract months for crude oil futures, natural gas futures,
heating oil futures, gasoline futures, *propane futures,* or electricity
futures for a single account that is quoted and traded at a single price.

(B) Floor Members executing strip transactions shall properly record them in
writing so as to permit the identification of the strip transactions and the
parties thereto.  All strip transactions for futures contracts for crude oil,
natural gas, heating oil, gasoline, *propane,* or electricity on the Exchange
trading floor must be made by open outcry in the trading rings for crude oil,
natural gas, heating oil, gasoline, *propane,* or electricity, as
applicable.  All strip transactions must be in line with prevailing contract
prices for strip transactions and the prices of futures contracts for crude
oil, natural gas, heating oil, gasoline,  *propane,* or electricity, as
applicable, comprising the strip transaction shall be within the permissible
price limits of the contract months traded.

(C) The seller in each strip transaction must report on the hard copy ply of
his or her trading card the price of the strip transaction to the Exchange.
The Exchange shall then assign the prices for each of the crude oil, natural
gas, heating oil, gasoline, *propane,* or electricity futures contracts
months comprising the strip transaction pursuant to a methodology as
established by the Exchange.

(D) Except as provided in Rule 6.08C(C), strip transactions shall not set off
stops in any contract.

__________________________________________________
Please click on the link below to indicate you have received this
email.

"http://208.206.41.61/email/email_log.cfm?useremail=tana.jones@enron.com&refdo
c=(00-331)"

Note: If you click on the above line and nothing happens, please copy
the text between the quotes, open your internet browser,
paste it into the web site address and press Return.


<<5-04-01.pdf>>

Richard Costigan, III
Chief of Staff
Office of the Assembly Republican Leader
California State Assembly
Phone:(916) 319-2005

 - 5-04-01.pdf


Per our discussion today, attached is a copy of the warranty provision on
which I have marked my suggested edit to the "suitable grade" language.

Regards,

Scott


Greg,
 Please get with the Peoples attorney regarding the use of the attached Spot
GTC to confirm spot transactions of enovate.  The only change that I would
propose would be to change the choice of law from Texas to Illinois.  Please
let me know what enovate's preference.
----- Forwarded by Dan J Hyvl/HOU/ECT on 02/06/2001 10:03 AM -----

	Bob Bowen
	02/06/2001 09:53 AM

		 To: Dan J Hyvl/HOU/ECT@ECT
		 cc:
		 Subject: enovate, L.L.C.

Attached is a spot GTC example (Export3 = confirmation; Export4 = General
Terms & Conditions)


Thanks

 -----Original Message-----
From: 	Postlethwaite, John
Sent:	Thursday, January 17, 2002 12:38 PM
To:	White, Stacey W.
Cc:	Evans, Casey
Subject:	RE: Performing Contracts

Please note the ones highlighted in Red.

John

 << File: customers served 1-9-02.xls >>

 -----Original Message-----
From: 	Evans, Casey
Sent:	Thursday, January 17, 2002 10:15 AM
To:	Postlethwaite, John
Subject:	Performing Contracts

Postle,

Don't know if Stacey forwarded you this already, but the wrong file was saved under this name earlier, so if she did, she sent you the wrong one...this is the correct one that she needs the long names on...

 << File: customers served 1-9-02.xls >>


----- Forwarded by Sara Shackleton/HOU/ECT on 06/14/2000 02:03 PM -----

	Shari Stack
	06/06/2000 04:13 PM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: RE: ISDA Master between ECT Investments and DLJIC

Sara- They called me again today for a response. I told Suanne that I thought
you would be the one working on this and gave her your telephone number.

Thanks,

Shari

----- Forwarded by Shari Stack/HOU/ECT on 06/06/2000 04:06 PM -----

	Shari Stack
	06/02/2000 03:47 PM

		 To: Susan Flynn/HOU/ECT@ECT, Susan Bailey/HOU/ECT@ECT
		 cc:
		 Subject: RE: ISDA Master between ECT Investments and DLJIC

This response just came in on an ISDA I had worked on several months ago. I
don't have the time to keep this so I am passing it on.

Thanks,

Shari

----- Forwarded by Shari Stack/HOU/ECT on 06/02/2000 03:46 PM -----

	"Dunn, Suanne" <SDunn@dlj.com>
	06/02/2000 02:35 PM

		 To: Shari.Stack@enron.com
		 cc:
		 Subject: RE: ISDA Master between ECT Investments and DLJIC

Hi Shari,

I'm sorry it has taken me so long to get back to you.  I had to get a few
people involved and it took a lot longer than I anticipated.  However, I
have things organized now and have summarized my comments below.  In
addition, we reviewed your form of guarantee.  I have attached a mark up of
your guarantee to conform with our form of guarantee and where possible
amended our form of guarantee to conform with yours.  (I believe there were
some conversations between my trader and your credit officer about
increasing the amount under your guarantee to $35,000,000.)

I think it would be helpful if we used my comments below and the blackline
of the guarantees as an agenda for a call to finalize the Agreement.  Please
let me know when you would be available.

I look forward to hearing from you.

Best regards,
Suanne

Part 1(b) Threshold Amount:  I know we agreed in concept to have the
Threshold Amount apply collectively to each party and their Credit Support
Provider, but I'm not sure we get there with your amendment.  May I suggest
the following:

  Threshold Amount means, with respect to Party A and its
Credit Support Provider, collectively, U.S. $100,000,000; and with respect
to Party B and its Credit Support Provider, collectively, U.S. $100,000,000.

Part 1(g) Credit Event Upon Merger:  Thank you for adding the last sentence,
however, may I suggest clarifying it further as follows:

  If such additional Eligible Credit Support is not provided,
or if additional Eligible Credit Support is deemed inadequate by Y in its
sole discretion, then the provisions of Section 5(b)(iv) shall apply without
amendment.

Part 2(b) Payee Representations:  I am still waiting for a response from my
tax department.

Part 3(a) Agreement to Deliver Documents:  (a) The W-8 ECI is not in effect
until next year, so we will only be able to deliver a W-8.  In addition, we
believe the delivery requirements are a little onerous and we would prefer
to deliver the forms upon execution and thereafter upon request.  ECT's
delivery requirements should be substantially similar.  (c) We will provide
you with a copy of DLJIC's Memorandum of Association.  We would also like to
receive similar documentation from ECT evidencing its authority to execute
the Agreement.

Part 4(c) Calculation Agent.  Below please find sample language:

  Calculation Agent.  The Calculation Agent will be Party A
and Party B jointly or, in the event of a dispute, a reputable, unaffiliated
financial institution appointed by the parties.  Notwithstanding anything to
the contrary contained in this Agreement, upon the occurrence of an Event of
Default or Termination Event with respect to a party, the Non-defaulting
Party or the non-Affected Party, as the case may be, or, in the
circumstances where there are two Affected Parties, as agreed between the
parties, shall be the sole Calculation Agent.

Part 4(i) Jurisdiction.  We can agree to this clause provided that you agree
to conduct proceedings in New York City.

Part 5(g) Setoff.  We can agree to your setoff clause with the following
amendments:

  in line 2, insert "sole" prior to "non-Affected Party"

  in line 3 and 5, please insert "(whether at such time or in
the future or upon the occurrence of a contingency)" following "amounts
owed" in each line

Part 5(r) Consent to Recording.  Please add the following clause as
requested:

  (c) Consent to Recording. The parties agree that each
may electronically record all telephone conversations between them and that
any such recordings may be submitted in evidence to any court or in any
proceeding for the purpose of establishing any matters pertinent to any
Transaction, provided, however, that notwithstanding the terms of this
clause, the parties do not waive any rights they may have under the
applicable rules of evidence.

CSA (b)(ii) Eligible Collateral.  I believe we discussed adding Treasuries
with maturities greater than one year.  We propose Treasuries under one year
with a Valuation Percentage of 99%, 1-5 years at 97% and 5-10 years at 95%.

CSA (b)(iv)(B) Thresholds.  Please remove "Potential Event of Default"

CSA (d) Conditions Precedent.  We asked that Tax Event and Tax Event Upon
Merger be excluded as Specified Conditions.  There is no reason to stop
collateralizing a Transaction upon the occurrence of these events, because
if at the end of the remedy period the Transaction is terminated, then the
posted collateral will be returned, if applicable, according to the normal
procedures of the CSA.  If the Transaction is terminated and the settlement
amount is not paid, then the non-Affected Party has the right to liquidate
the Collateral to satisfy its claim and you would want all Transactions,
including the affected transaction, to be fully collateralized at that time.

CSA (f) Dispute Resolution.  (i) We can agree to two Local Business Days to
resolve a dispute.  (ii) We suggested that the parties look to market
standard screens before polling dealers to determine Value.  This is our
standard definition of Value:

  Value. For the purpose of Paragraph 5(i)(C) and 5(ii), the
Value of Posted Collateral other than Cash will be equal to the sum of (i)
the face value of the Posted Collateral multiplied by the product of (A)
either (x) the closing bid price as quoted by Bloomberg Financial Markets or
Dow Jones Telerate Services as of Resolution Time or (y) the sum of the
arithmetic mean of the closing bid prices quoted by three mutually-agreed
upon Reference Market-Makers for the relevant security on the relevant date
and (B) the applicable Valuation Percentage plus (ii) the accrued interest
on such security (except to the extent Transferred to a party pursuant to
any applicable provisions of this Agreement or included in the applicable
price referred to in (i) of this clause) as of such date.

(iii) We can agree to transfer only the undisputed amount.

CSA (g) Holding and Using Posted Collateral.  I have several thoughts on
this section.  The Credit Rating for a party should include both S&P and
Moody's and a party's ability to hold Posted Collateral should be based on
the lower of those two.  However, if the Posted Collateral is a letter of
credit, then a party should be entitled to hold the letter of credit
regardless of their Credit Rating.  Under the terms of (g)(i), the party and
it's Custodian are individually entitled to hold Posted Collateral.
However, there are no requirements for a Custodian.  I believe the
requirement of a Qualified Institution should apply to the Custodian.  If
there is a ratings requirement for the party in order for it to hold Posted
Collateral and the party is no longer in compliance with that ratings
requirement, then in order to comply with the general terms of the CSA, the
party would have to transfer the Posted Collateral to a Custodian which met
the requirements of a Custodian or else it would be in breach of the
agreement (which would be an Event of Default if not remedied within 30
days).  Therefore, if you apply the requirements of a Qualified Institution
to a Custodian under (g)(i), then (g)(ii)(2) and (3) can be removed.
Finally, we would like the requirements of the Custodian to be a rating of
at least A/A2 and having total assets of at least US $10,000,000,000.

CSA (h)(iii) Alternative to Interest Amount.  Subparagraph (A) should not
apply.  In the event that the downgraded party is the Secured Party (and
they were at the time of downgrade holding Posted Collateral) and Posted
Collateral is moved to a Custodian, there is no reason why the Pledgor, who
was not downgraded, should be penalized by not receiving interest payments
in the form of cash when they are paid on the Posted Collateral.  As a
matter of fact, it is my understanding that it is more difficult
operationally to reinvest such funds and much easier to pay them to the
Pledgor.

CSA (m) Other Provisions.  The definition of Federal Funds Effective Rate is
not necessary.  Please amend the definition of Letter of Credit to reflect
the requirements of the issuing bank to include a rating of A/A2 and having
total assets of at least US $10,000,000,000.  The definition of Material
Adverse Change should be amended to reflect the rating of both Moody's and
S&P.

Exhibit A Letter of Credit Provisions.  (b) Please delete the parenthetical
in line 3 to 4 and conform (i) to the amended definition of Letter of Credit
with respect to the requirements of the issuing bank.  (d)(ii) Y should be
entitled to draw under the LC in accordance with the provisions of Paragraph
8 of the CSA and not only upon the occurrence of an Event of Default.  The
first sentence of this section should be amended accordingly.  (e) Please
clarify the intent of this section.  It is rather confusing as written.

Schedule I.  The statement to be presented to the issuing bank should
conform to the circumstances under Paragraph 8 of the CSA under which the
Secured Party can demand payment and not just be limited to an Event of
Default.

 <<Enron Gty to DLJ.doc>>  <<Enron Multiple.DOC>>

> -----Original Message-----
> From: Shari.Stack@enron.com [SMTP:Shari.Stack@enron.com]
> Sent: Friday, April 21, 2000 4:02 PM
> To: SDunn@Dlj.com
> Subject: ISDA Master between ECT Investments and DLJIC
>
>
> Hi Suanne,
>
> I am pleased to attach the revised ISDA Schedule and CSA which contains
> most of the revisions DLJ requested. I would also like to let you know
> about the following:
>
> 1. Payee Tax Representation: I sent DLJ's suggested clause to my Tax Dep't
> and they said that feel such language is insufficient to permit us to not
> have to withhold with respect to interest and dividend payments, each of
> which could arise during the course of our trading relationship.  My
> colleague in the Tax Dep't said he would prefer that DLJ certify that it
> is
> a foreign taxpayer entitled to receive payments under the document without
> reduction for withholding or other taxes.  He said that DLJ would not be
> able to certify to this if the form of the document is the usual very
> broad
> form whereby it permits transactions of every type (both on and off market
> swaps - off market swaps being swaps involving a lending aspect) and thus
> the underlying document might have to be curtailed.
>
> 2. Documents to be Delivered: For the time being, I have made a reference
> in Part 3 to "Corporate Documents" to be given by DLJ. Please let me know
> what these will be.
>
> 3. Calculation Agent: I still need to get the language from you that makes
> the both parties the CA.
>
> 4. Set-Off: As you requested, I had a look at amending our clause to more
> closely reflect the ISDA Set-Off Clause but with the inclusion of the
> Non-Defaulting Party's Affiliates. Upon review - the clause in the
> document
> is very similar to the ISDA clause except for the 1st two sentences which
> bring in the Non-Defaulting Party's Affiliates (which we have agreed to
> have). The only other sentence in the clause that differs from the ISDA is
> the one which talks about conversion of the Early Termination Amounts. Our
> language goes ahead and makes it clear that all amounts need to to be
> converted to the Termination Currency.  I think that is helpful.
>
> Thus I would propose to leave the Set-Off clause unamended.
>
> 5. Securities Rep's: We have been able to incorporate these with just a
> very few minor changes.
>
> 6. Resolution Time (CSA): I have discussed this with my Credit Officer and
> he thinks we really do need to have at least 2 Business Days to resolve a
> dispute.
>
> 7. Transfer of Collateral (all or just undisputed amount): Unfortunately
> my
> Credit Officer was unable to agree to transferring the whole amount
> requested, if part of the amount is in dispute.
>
> 8.Holding & Using Posted Collateral: I have reviewed this and the language
> we have proposed goes a lot further than what is in the printed CSA. For
> instance there is objective criteria contained in our language which is
> helpful to the Pledgor since it sets out that a party must have a certain
> credit rating to hold collateral. Also it sets out where collateral may be
> held. I would be happy to go through our suggested clause (g) and explain
> our reasons for asking to leave our proposed language in the CSA Schedule.
>
> The only other documents left to resolve are the Guarantees. I look
> forward
> to receiving your comments on ours (I believe we agreed to agree on a
> format and use it for both Guarantees).
>
> Kind regards,
>
> Shari
>
> (See attached file: 342a-ctr.doc) << File: 342a-ctr.doc >>

 - Enron Gty to DLJ.doc
 - Enron Multiple.DOC


Christine, you need a comma between July and August.  Otherwise this looks
fine.

Christine Stokes
01/17/2000 08:50 AM
To: Christine Stokes/ET&S/Enron@ENRON, Susan Scott/ET&S/Enron@ENRON, Drew
Fossum/ET&S/Enron@ENRON, Glen Hass/ET&S/Enron@ENRON, Mary Kay
Miller/ET&S/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON, Dave
Neubauer/ET&S/Enron@ENRON, Bill Cordes/ET&S/Enron@ENRON
cc:

Subject: Transwestern Contract Approval Request

TRANSWESTERN PIPELINE COMPANY
   CONTRACT APPROVAL REQUEST

Please review the attached non-standard discount letter to Phillips Petroleum
Company.  Phillips has agree to extend their 30,000 Dth/d Ignacio to El
Paso/Blanco contract for five years beginning 2/1/2001.  The one-part
seasonal rate structure of $.04 (April-Oct) and $.035 (Nov-March) will
escalate by $.005  each of the last two years.  Phillips may use a south to
north alternate flow path for an incremental $.01 based on actual utilization.

Please  approve via REPLY WITH HISTORY.
All officer approvals will be faxed to Bill Cordes for final Presidential
approval


In an effort to meet the staffing requirements of the business units, this is
a request for information regarding your full-time and summer analyst hiring
needs.  The summer analysts will start May 22, 2000 and June 5, 2000.  The
length of the internship is approximately 12 weeks.  Full-time analysts will
start on July 17, 2000.  We have a talented group of people coming in and I
will be happy to meet with you to coordinate your staffing needs.

In your response, please state your preferences:
 * full-time and/or summer
 * head count
 * skill sets required
 * overview of job description

Once your response has been received by the Associate/Analyst Department,
resumes will be forwarded to you for review.

Thank you
Shelly Jones
Manager, Analyst Recruiting


Please note the following changes:
Alliant Services Company (Alliantser)
Is now
Alliant Energy Corporate Services, Inc.
The Global Counterparty record will be overlayed in the next few days.


Per Chris' memo below, it appears to me the question we need to be asking is
this:
Was this contract number from CES (columbia gulf k#64502) valued in the
original deal?  Originally Chris was told that this contract was a volumetric
FT contract, when in fact it is a 100% demand charge contract.  Since it is a
deal tied to the Devon production, I don't know how (or if) it was valued by
us.  Theoretically, we could have taken the difference between the max IT
rate (which is what we get to deduct from the producers' price) and the
amount of the demand + variable cost of the FT contract and MTM'd $$$.   Did
we do this?   If we did, then I believe we have a true up issue with CES.  If
we did not value anything, then I think we are O.K.

Please advise.

Chris Germany
03/21/2000 02:40 PM
To: Scott Goodell/Corp/Enron@ENRON, Colleen Sullivan/HOU/ECT@ECT, Mark
Breese/HOU/ECT@ECT
cc:
Subject: CES Capacity Issues

I will be emailing all of you with any capacity issues I find.

CGLF k#64502 ;  This is an offshore FTS2 contract that we use with the West
Cam Devon production.  The demand charge is $1.4381 on a volume of 29,000 dts
and the commodity is $.0024.  According to my notes; this is a volumetric
demand contract and the volumetric demand charge in my sheet is $.0648

I am changing this to a regular demand charge contract in Sitara and the
worksheet.

Comments/Questions?


Richard,

Since the only approvals we need on the "regulatory side" are from FIPB and
RBI and relate to the Dabhol transaction, I suggest the Ananda Mukerji be the
point person for these.

To: David Haug/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, James M
Bannantine/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Diomedes
Christodoulou/SA/Enron@Enron, James L
Noles/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rebecca
McDonald/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Richard
Leibert/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: J Mark Metts/NA/Enron@Enron@ECT, Mitchell Taylor/Corp/Enron@ENRON, Steven
J Kean/HOU/EES@EES, Joseph W Sutton/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Bill
Gathmann/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Cheryl Lipshutz/HOU/ECT@ECT,
Mark Schroeder/LON/ECT@ECT

Subject: Project Summer/Desert Lightning:Regulatory Transfer Issues

As the individual responsible within Enron Corp. for coordinating the
analysis of regulatory transfer restriction issues in the above-referenced
project, I wanted to give each of you a brief update, but more importantly,
ask for your help in ensuring, as we move closer to the signing date, that we
are fully coordinated on these issues and are prepared to act in a consistent
and coordinated fashion across the regions as quickly as possible.

Over the last several weeks, the regional general counsel offices, V&E (Bill
Weiland), Skadden and myself have been talking to local counsel across the
regions to make sure that we fully understand all of the regulatory transfer
issues and that we also fully understand the implications of the regulatory
transfer restrictions in the context of the "ABC" deal structure.  We have
now largely completed that process and the conclusions reached during that
process have been memorialized in various documents, including the "ABC
Matrix" that many, if not all of you, have seen.  All that is remaining is
confirmation on a South Korean competition agency issue and the completion of
the analysis relative to the Wind assets in Europe regarding EU competition
agency issues. Those two items should be completed by early next week.  We
have also recently begun the process of preparing documents that will be
necessary for the approval of the transfer of Elektro in Brazil...which
brings me to the second issue, coordination and preparation.

Having reached a critical juncture with the completition of virtually all of
the regulatory analysis, the next step is to plan for the announcement of the
transaction...more specifically, ensuring that regulatory/governmental
communication assignments for both pre and post announcement are fully agreed
upon and understood by all... and that the process of drafting the necessary
requests for regulatory approval documents is agreed upon and begun as soon
as possible.  To ensure that this all happens in a timely manner and with
quality, I would like to request that one individual from each operating
region and company be assigned as the point person so that I can have a
single individual within each operating unit to go to that has the authority
to put together the comprehensive regulatory transfer plan and the
responsibility for assuring the execution of the plan, both during the
periods of time leading up to signing and announcement and during the
transition period leading up to closing.  I would respectfully ask that the
names of these individuals be communicated to me by close of business
Wednesday, August 16, 2000 to provide us sufficient time to address the work
that lies before us.  I have taken the liberty of listing my suggestions for
the responsible individuals (where I have suggestions) for the respective
operating regions/companies, but these are only suggestions and I will defer
to your choices.  Thank you for your assistance and if you have any
questions, feel free to contact me at extension 33407 in Houston or by pager
at 888-740-9949.

Enron South America   Jose Bestard
Enron Wind    Eric B. Newell
India     Jane Wilson
Apachi     Mike Dahlke
CALME     ?


Just wanted to let you know that Australia is aiming for a March 20 launch.

1) Mark T/Debbie: Can you both confirm that you have reviewed and approved
the Australian customer list? (Debbie - I think you may have reviewed the
list, but I'm not sure if Mark has seen a copy yet)

2) Mark T: Final long descriptions should be available very shortly (next day
or two?) Can you update me on what you have/have not seen and if you are
happy with what has been covered so far? I believe you have been in contact
with David Minns, so I am hopnig everything is in order.

3) Frank: Please coordinate with Debbie to ensure that we have input from all
required depts. with regard to the customer list.

Thanks,

Dave


are you gonna be in town this weekend?  chad & i are thinking about going
tubbing.


Attached is a breakdown of duties and the person assigned to carry them out.  Please look it over and let me know of any neccessary changes or additions.

Just a reminder:

Last week Murray requested that the group work up standardized documentation describing the steps necessary to complete each of the duties listed in the attached job list.  He would like the information on his desk Monday morning.

If you would like assistance with production of the documentation, I would be happy to help.  Please get the info to me by noon tomorrow (Friday).

Thanks,
Kathy


Steve, attached is the 5-part Leadership model used by the PCEC to evaluate
partner candidates.

       The document lists representative descriptions for each performance
       level of the 5 key dimensions:
         - Client leadership
         - People leadership
         - Thought leadership
         - Entrepreneurship
         - Professional values

       (See attached file: 5 Part Leadership Model_Fall 2000.doc)

+-------------------------------------------------------------+
| This message may contain confidential and/or privileged     |
| information.  If you are not the addressee or authorized to |
| receive this for the addressee, you must not use, copy,     |
| disclose or take any action based on this message or any    |
| information herein.  If you have received this message in   |
| error, please advise the sender immediately by reply e-mail |
| and delete this message.  Thank you for your cooperation.   |
+-------------------------------------------------------------+
 - 5 Part Leadership Model_Fall 2000.doc


Ben,

Here's what you requested.  I do not recommend this MOU, as there are several
problems with it,

Is there something I can help you with?

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 05/16/2001 01:14
PM ---------------------------

Kay Mann
03/29/2001 10:30 AM
To: Ben Jacoby/HOU/ECT@ECT
cc:

Subject: FW: term sheet & mou

Per your request.
---------------------- Forwarded by Kay Mann/Corp/Enron on 03/29/2001 10:30
AM ---------------------------
From: Ozzie Pagan/ENRON@enronXgate on 03/26/2001 12:10 PM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: FW: term sheet & mou

 -----Original Message-----
From:  David_Camardese@fpl.com@ENRON
[mailto:IMCEANOTES-David+5FCamardese+40fpl+2Ecom+40ENRON@ENRON.com]
Sent: Wednesday, March 21, 2001 6:15 PM
To: Pagan, Ozzie
Cc: Joe_Stepenovitch@fpl.com; Ed_Tammy@fpl.com; Paul_A_Karns@fpl.com
Subject: term sheet & mou

ozzie, see you tomorrow around 9:30am -  we can discuss attachments in
detail then.

(See attached file: Homestead PPA MOU.doc)(See attached file: 000321
homestead plant indicative bid.doc)
 - Homestead PPA MOU.doc
 - 000321 homestead plant indicative bid.doc


Today, Enron hosted a conference call to give investors a current overview of the company. Here's an update of what we discussed during the call.

We told investors that we're doing everything we can to protect their interests and to regain their confidence. Our focus remains on our credit quality, balance sheet and liquidity, which are essential for our continued success and expansion of our wholesale businesses.

It took more than a few weeks to get where we are today. Here's a snapshot of significant events that led to our current situation:

-- In hindsight, we definitely made some very bad investments in our non-core businesses over the past several years. Those include investments in Azurix, India and Brazil. They have performed far worse that we could have ever imagined when we made these investments;

-- Because of these bad investments, we've become over-leveraged as a company. The negative impact of those investments was exacerbated through the extensive use of debt capital both on and off our balance sheet;

-- We also entered into related party transactions that led to a loss of investor confidence, which has been very damaging;

-- We've been criticized for our lack of transparency and our hard-to-understand financial and operating disclosures; and

-- On top of it all, we discovered errors in our financial statements, as discussed in our 8-K filing last week, that required a restatement of previously reported earnings.

We've taken a new look at our businesses and have separated them into three areas: core businesses, non-core businesses, and businesses under review.

Core Businesses

Our core businesses remain strong and consistent sources of significant earnings and cash flows for the company. They're our competitive advantage. These include:

-- Natural gas pipeline businesses;

-- Gas and power businesses in North America and Europe;

-- Retail businesses in North America and Europe; and

-- Coal businesses in North America and Europe.

The events of the past few weeks have had a temporary negative impact on our projected fourth quarter profitability. It's too early to tell at this time what impact this might have on our operating results. We are considering these actions now so that we can quickly return to normal business in 2002.

I also remain optimistic that the actions we've taken over the past couple of weeks have addressed our customer and counterparty credit and liquidity concerns. According to our business unit leaders, we have definitely seen improvement in our counterparty relationships.

Non-Core Businesses

Our non-core businesses include our global assets group and our broadband division. We have invested more than $8 billion in these businesses, and the return from them has been dismal.

We have an aggressive program in place to exit these businesses and expect that the sale of these businesses will generate billions of dollars in cash that we can use to repay debt and reinvest in our core businesses. We already have more than $800 million in assets contracted for sale this year. They include CEG Rio, a gas LDC in Brazil; EcoElectrica, a power plant and LNG receiving terminal in Puerto Rico; and asset sales of offshore oil and gas properties in India. The approximately $2.9 billion Portland General sale is also on target to close in late 2002 pending regulatory approvals.

Businesses Under Review

These businesses are comprised of those operations outside our power and gas wholesale businesses and include global and industrial markets. While several of these businesses have very strong future prospects, we need to determine if their capital requirements and near-term growth prospects are sufficient enough in terms of earnings and cash generation.

Reviewing our businesses this way will help determine where we need to make reductions to our work force. More information will follow as soon as it becomes available.

Credit Rating/10-Q Filing

We continue to meet regularly with credit rating agencies and believe that our liquidity enhancements and scheduled asset sales will strengthen our balance sheet and maintain our investment grade credit rating. Our current credit ratings by the three major rating agencies are as follows:

-- Moody's at Baa3       "Under Review for Further Downgrade"

-- Fitch at BBB-             "Evolving Status"

-- S&P at BBB-              "CreditWatch Negative"

We also discussed our existing financial vehicles, including Osprey, Marlin and Yosemite, in further detail. We told investors that we will file our 10-Q five days late due to our current activities. It will be filed on Nov. 19.

We will continue to have updates with investors over the coming weeks as well as our frequent updates with you. The full transcript of our conference call will be filed with the Securities and Exchange Commission in the next few days. It will also be posted on our web site at www.enron.com/corp/investors under "SEC Filings."

In connection with the proposed transactions, Dynegy and Enron will file a joint proxy statement/prospectus with the Securities and Exchange Commission. Investors and security holders are urged to carefully read the joint proxy statement/prospectus regarding the proposed transactions when it becomes available, because it will contain important information. Investors and security holders may obtain a free copy of the joint proxy statement/prospectus (when it is available) and other documents containing information about Dynegy and Enron, without charge, at the SEC's web site at www.sec.gov. Copies of the joint proxy statement/prospectus and the SEC filings that will be incorporated by reference in the joint proxy statement/prospectus may also be obtained for free by directing a request to either: Investor Relations, Dynegy Inc., 1000 Louisiana, Suite 5800, Houston, TX 77002, Phone: (713) 507-6466, Fax: (713) 767-6652; or Investor Relations, Enron Corp., Enron Building, 1400 Smith Street, Houston, TX 77002, Phone: (713) 853-3956, Fax: (713) 646-3302.

In addition, the identity of the persons who, under SEC rules, may be considered "participants in the solicitation" of Dynegy and Enron shareholders in connection with the proposed transactions, and any description of their direct or indirect interests, by security holdings or otherwise, are available in an SEC filing under Schedule 14A made by each of Dynegy and Enron.


Mike:

After you review the Coral Acknowledgement Letter I sent earlier, it would be
really helpful if you would write me a letter on your letterhead saying that
your prepared to sign the letter when you sign the Facility Agreement.
Attached is some suggested language.

Thanks much,

Ben


You go girl.

	From:  Kathleen Carnahan                           12/06/2000 03:58 PM

To: Kay Mann/Corp/Enron@Enron
cc:

Subject: Nordstrom land option (Kendall County, IL)

FYI
---------------------- Forwarded by Kathleen Carnahan/NA/Enron on 12/06/2000
03:56 PM ---------------------------

Fred Mitro@ECT
12/06/2000 03:49 PM
To: Kathleen Carnahan/NA/Enron@Enron
cc: Ben Jacoby/HOU/ECT@ECT, Rusty Stevens/Corp/Enron@ENRON

Subject: Nordstrom land option (Kendall County, IL)

Kathleen:

The reason for acquiring this option is that Ms. Nordstrom's property is
approximately 1000 feet from the eastern boundary of the project site.  At
this distance, the home represents a potential sound receptor for ENA's
Kendall County development project.  Of course, this is information that
should not be communicated to non-Enron personnel.

Here are the terms which I would like to incorporate into the first draft of
the Option Purchase Agreement between Ms. Ann Nordstrom (Optionee) and
Kendall New Century Development Company, L.L.C. (Optionor):

1.  I would like to use the Fehr Agreement as a template for the Nordstrom
Agreement (including the "Triggering event" language)
2.  The term of the Option should be for 12 months, with language providing
for 4 subsequent 12 month extensions.  Each extension would require an
extension payment to Optionee  (Let's leave this blank - I expect this to be
the same or close to the up-front option premium amount)
3.  I would like to leave the option premium blank (I expect it to be in the
$15-25K range)
4.  I would like to leave the purchase price blank (I expect it to be in the
$200K - $250K range)
5.  I would like to include language that ensures that the Optionee
(Nordstrom) has the ability to sell the property during the option term (or
subsequent extensions thereof), provided that Optionor's right to purchase
transfers with the property to the new Owner (Please confirm the legal
feasibility of this requirement with me ASAP)
6.  The physical address of the property (approximately 2.3 acres) and home
is:
 2013 Beecher Road
 Plano, Illinois
 60545
7.  One issue that I am concerned about is maintaining confidentiality of the
option terms with potential buyers of the Nordstrom property.  Let's discuss
this issue in greater detail.

As you are aware, Ms. Nordstrom's husband recently passed away after a
lengthy illness and she is in an emotionally anxious state of mind.  She has
placed her property and home on the market for $220K  and she is planning to
close on a new home during the month of December.  My goal is to secure an
option on her property prior to her selling the home to a non-cooperative
Buyer.  We need to make sure we exercise the necessary sensitivity and
respect while dealing with Ms. Nordstrom.

Let me know on the timing of preparing this draft.  I would like to forward
the draft to Ms. Nordstrom's attorney by Friday of this week.

Thanks,
Fred


Attached is a summary of two recent Edison advice letters.? 1494-E,  dealing
with an update to its PBR mechanism, may be of some interest.? AL  9-B deals
with telcom matters.
?
Dan
 - 11-6-00 SCE AL Summary Chart.doc


I would like to see us try to re-insert words to the effect that if the
Commission throws out the CSA after haranguing the parties to reach an
agreement, it will seriously discourage future settlement efforts by parties.
That is not a deal-breaker for me, just a suggestion. Otherwise the comments
are fine.

-----Original Message-----
From: MBD [mailto:MDay@GMSSR.com]
Sent: Monday, December 11, 2000 10:43 AM
To: 'Pocta, Robert M.'; 'Counihan, Rick'; 'Jeff.Dasovich@enron.com';
'John Burkholder'; 'Mike Alexander'; 'Craig Chancellor'; 'Colin
Cushnie'; 'Jeff Dasovich'; MBD; 'Paul Amirault'; 'Doug Porter'; 'Tom
Beach'; 'Amirault, Paul'; 'Craig Chancellor, Calpine'; 'How-Downing,
Lindsey'; 'Phil Davies, WGSI Calgary'; 'jleslie@LUCE.com'; 'Jeff
Fawcett, Transwestern'; 'Michael Rochman'; 'Rick Counihan,
Greenmountain.com'; 'Bayless, David@Utility'; 'Dingwall, Brian@UEM';
'Elsesser, Evelyn@aelaw'; 'Johnson, Pamela@REMAC'; 'Jun,
Christine@aelaw'; 'Karp, Joseph@Whitecase'; 'McCrea, Keith@CIG/CM';
'Paul, Joe@Dynegy'; 'Pocta, Mark@ORA'; 'Scott, Susan@TW'; 'Worster,
Gerard@TXU'; 'kmills@CFBF.com'; 'Karp, Joseph@Whitecase'; 'Skaff,
Andy@Dynegy'
Subject: FW: Proposed revisions to CSA Letter

Here are some edits to our letter from socal.? I do not feel they diminsh
the usefulness of the letter, and they moderate the tone a little, as you
would expect.? They also eliminate the lengthy recitation of the procedural
events at the end of the letter.? If this gets them on the letter, I say
let's sign.? I will assume everyone who signed on last week stays on the
letter unless I hear differently from you by 3 pm today.? I really
appreciate the quick turnaround.? Mike Day
?
?
-----Original Message-----
From: Wright, Gillian - TP1GXW [mailto:GWright@sempra.com]
Sent: Monday, December 11, 2000 10:26 AM
To: 'mday@gmssr.com'
Subject: Proposed revisions to CSA Letter

Mike,
Here are SoCal's proposed revisions to the CSA letter - I'll call in a
minute.? The edits are pretty extensive, but all along the lines we
discussed (ie changing the tone to a more positive one).

Gillian

<<CSA Letter SCG.doc>>

Gillian A. Wright
Regulatory Case Manager
Sempra Energy
555 W. Fifth St. GT14D6
Los Angeles, CA 90013-1011
(213) 244-3833
(213) 244-8820 fax
gwright@sempra.com


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Brant:
There is one issue that is left to resolve.  In the CSA, we define
independent amount as any amount specified for a party in any Confirmation or
if no amount is specified, 0.  They wnat to either delete this entirely or
add language requiring some type of notice to the credit dept. of the party
that has to put up the independent amount before it becomes effective.  What
do you want to do?
Carol


FYI.

----- Forwarded by James D Steffes/NA/Enron on 03/22/2001 10:16 AM -----

	Kristin Walsh/ENRON@enronXgate
	03/22/2001 08:20 AM

		 To: John J Lavorato/ENRON@enronXgate, Louise Kitchen/HOU/ECT@ECT
		 cc: Phillip K Allen/HOU/ECT@ECT, Tim Belden/HOU/ECT@ECT, Mike
Grigsby/HOU/ECT@ECT, Tim Heizenrader/PDX/ECT@ECT, Vince J
Kaminski/HOU/ECT@ECT, Rob Milnthorp/CAL/ECT@ECT, Kevin M Presto/HOU/ECT@ECT,
Claudio Ribeiro/ENRON@enronXgate, Richard Shapiro/NA/Enron@Enron, James D
Steffes/NA/Enron@Enron, Mark Tawney/ENRON@enronXgate, Scott
Tholan/ENRON@enronXgate, Britt Whitman/ENRON@enronXgate
		 Subject: California Update 3/22/01

? The legislature will meet and vote to repeal Section 390 of AB 1890.  This
will reverse what the QFs get  paid from natural gas costs and replace it
with the formula in the governor's current plan - 7.9 cents/kwh for 5-year
contracts and 6.9 cents/kwh for 10-year  contracts.  According to sources,
this is "locked in to pass."  It  will be implemented by a PUC order on
Monday.

? The QFs met on this plan all day yesterday and have calculated what they
would get paid.   This  plan would not generate enough money for many QFs to
operate profitably.  At  least 2,000 MW of the total 5,407 MW of gas-fired
QFs would be unable to generate  a positive cash flow and would have to
either operate unprofitably or shut down.

? The QF community is responding with an increased militancy for an
involuntary filing, according to sources.  The most aggressive QF after Coram
Energy is David Sokol and Walter Scott of Mid-America Energy (based in
Nebraska).  Sokol is described  by sources as "extremely aggressive."

? An involuntary bankruptcy filing appears imminent.   Sources believes the
trigger event will either be the legislative passage of the plan  tomorrow or
the PUC order implementing the plan on Monday.


OK.  DF
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 06/01/2000
07:59 AM ---------------------------

JANET CONES
05/31/2000 03:47 PM
To: Drew Fossum/ET&S/Enron@ENRON
cc:

Subject: Susan Scotts Expense Report

I have the copy with the receipts if you want to see it when you are here in
Houston.


See attached.

Cordially,
Mary Cook
Enron North America Corp.
1400 Smith, 38th Floor, Legal
Houston, Texas   77002-7361
(713) 345-7732 (phone)
(713) 646-3490 (fax)
mary.cook@enron.com


Here they are, I'll bring copies as well.
See you saturday.

- Kelly

__________________________________________________
Do You Yahoo!?
Thousands of Stores.  Millions of Products.  All in one place.
Yahoo! Shopping: http://shopping.yahoo.com
 - austria.doc
 - netherlands.doc


Let me know your availability to discuss.

 Jim

---------------------- Forwarded by James E Keller/HOU/EES on 05/21/2001
09:08 AM ---------------------------

	Enron Energy Services

	From:  Andrew Wu                           05/20/2001 01:30 PM
	Phone No: 713 853-0504

To: Dennis Benevides/HOU/EES@EES, Dan Leff/HOU/EES@EES, Eric
Letke/HOU/EES@EES, Marty Sunde/HOU/EES@EES, Evan Hughes/HOU/EES@EES, Don
Black/HOU/EES@EES, Denise Furey/Enron@EnronXGate, Beth Apke/HOU/EES@EES, Mike
D Smith/HOU/EES@EES, James E Keller/HOU/EES@EES, Robert C
Williams/Enron@EnronXGate, kbird@quinnemanuel.com, Vicki Sharp/HOU/EES@EES,
Elizabeth Sager/HOU/ECT@ECT
cc:
Subject: PacTel Revised Commodity Agmt

Attached to this email pls find the latest version of the subject agreement,
incorporating the thoughts and comments received to date (including PacTel's
comments).  Note that there are number of outstanding issues.  We will be
working off this version commencing Monday p.m. (21 May) in SBC's offices in
San Ramon.  I have also included a redline against the version that we sent
to PacTel.

Pls email comments questions etc. and I'll be able to pick them up from the
(Enron) San Ramon office.  If you need to get a hold of me in person, the
best way is to send me an email page to 8773417930@skytel.com.

AW


Went to BFE with Joe during lunch to pick up his european mount of his 9pt.
He aged Joes deer at 8.5. We may be underaging alot of these deer on the
hoof.
The guy does nice work and the prices were reasonable.

_________________________________________________________________
MSN Photos is the easiest way to share and print your photos:
http://photos.msn.com/support/worldwide.aspx


Attached are the daily dth values by QPC Map number for the period June 2000 through May 2001.  Please note that the May 2001 values are preliminary only as we have not completed our month end closing for may 2001.

As Rebecca Cantrell discussed.  You will likely see an invoice from Questar for charges related to this data request.

I hope I'm providing all that you need.  If not please let me know.

Lori W. Creer
Supervisor Gas Measurement & Allocations
Questar Regulated Services
loric@questar.com
ph (801) 324-5349
fax (801) 324-5612

>>> "Smith, Matt" <Matt.Smith@ENRON.com> 05/15/01 11:18AM >>>
Lori,

Can you please give me an estimate of when you can provide the requested
historical flows we discussed yesterday.  I'm trying to manage a number
of tasks that depend on this data,. and it would be helpful to know when
it might be available.  Thank you.

Mathew Smith
Enron

 - JUN2000-MAY2001.xls


Danny, we would like to forward an updated schedule of vacation for Steve Harris.  Please let us know if there are any scheduling conflicts with the following dates:

		November 28, 29, 30

		December 5, 6, 7, 10, 11, 19, 20, 26, 27, 28, 31

adr

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


Valeria:

Thank you for your prompt response.

I have arranged the following schedule for your interviews.  Please let me
know if any of the times are inconvenient.

Wednesday, September 13th:

3:30 PM  Vince Kaminski, Managing Director
4:00 PM  Grant Masson, Vice President
4:30 PM  Tanya Tamarchenko, Director
5:00 PM  Kevin Kindall, Manager

When you enter the lobby of the Enron Bldg., go to the security area and
they will call me on the telephone to let us know you are here and will
give you a visitor's security pass.

Your interviews will be held in EB1938.

Have a great weekend and we will see you on the 13th of September.

Best regards,

Shirley Crenshaw

Valeria.I.Stone@EXXON.sprint.com on 09/01/2000 08:43:27 AM
To: Shirley.Crenshaw@enron.com
cc:
Subject: RE: Informal Exploratory Interview with Enron Research Group

         Date: September 1, 2000
         From: Stone, V.I. (Valeria)                       VISTONE  - AMERICAS
           To: EXT-SHIRLEY.CRENSHAW(A)ENRON.CO             SHIRLEC1 - FPEXMAIL
      Subject: RE: Informal Exploratory Interview with Enron Research Group
------------------------------------------------------------------------------
 I want to thank you for giving me this excellent opportunity to meet with
Enron Research Group.  I would be my pleasure to visit with you any time
after 3 PM September 12-15 th.  If this time frame is not suitable for you,
please let me know.  Also, it would be preferable for me to schedule the
interview as late as you can in the afternoon or as early in the morning as
possible.
 As I has already mentioned above, I am very honored by the interest
displayed by Enron Research Group in interviewing me.  I believe your company
displays an excellent example of the well respected leader of the energy
industry.  Enron's overall orientation of staying on the cutting edge of
technology (with such breathtaking projects as e-commerce development) will
make the employment with Enron very interesting, pleasant, and rewarding
experience.  Furthermore, it will provide me with an excellent opportunity to
make the contribution to your company's continuing growth and profit.

-----Original Message-----
From: FPEXMAIL(SHIRLEC1)
Sent: Thursday, August 31, 2000 5:29 PM
To: Stone, V.I. (Valeria)
Subject: Informal Exploratory Interview with Enron Research Group

Ms. Stone:

Your resume was forwarded to the Enron Research Group and they would
like to conduct an informal interview with you at your convenience.

Please let me know your availability the week of September 11th.  The
individuals that would like to interview you are:

Vince Kaminski
Grant Masson
Kevin Kindall
Tanya Tamarchenko

They will need approximately 30 minutes each (2-2 1/2 hours)

You may reach me at 713/853-5290 or by email:  Shirley.Crenshaw@enron.com

I look forward to hearing from you.

Sincerely,

Shirley Crenshaw
Administrative Coordinator
Enron Research Group


Place these dates on your calendar now so you won't miss out on some
wonderful opportunities.


Enjoy!
 - 20011008ERCOT_LOAD.XLS
 - 20011008ERCOT_FLOW.XLS


We will confirm this transaction under one of the existing Masters for this
entity.

Thanks,
DP


California's Finances
The State of California will be walking a fiscal tightrope for a while until
wholesale energy costs come down.  At first look, it seems California's
financial position seems OK in the short term; however, the picture remains
troublesome in the medium term.  For one thing, instead of the bridge loans,
the state can and probably will resort to Revenue Anticipation Notes, and has
also scheduled a billion dollar G.O. offering for June, which will help with
the cash situation.   There are also still substantial borrowable resources
available to the state within its own accounts.  However, they would prefer
not to resort to that, as doing so could have further implications for their
bond ratings, but the option is there.   Another reason California might be
OK in the short term, is that, everyone except Moody's, had conflated the
money allocated for power purchases, $7.2 billion, with the money actually
spent for power purchases, $4.3 billion. This indicates that even the pure
cash component of the state's general fund has a longer shelf life.   So now
the question shifts from a near term liquidity issue to asking how much of an
economic effect will the combination of blackouts and much higher retail
energy prices have on California's already flagging economy, and what will
the knock-on effect of this be on the state budget.

The state is completely assured that the proceeds of the bond offers, and the
use of the rate hikes to service those bonds, are "bankruptcy remote"
vehicles.   Second, California legislatures are not concerned by the
possibility of a ballot initiative.  Other areas of concern are about the tax
revenues in light of an economic slowdown, as well as the medium-term risk of
high electricity costs for debt service for the next 15 years.  This will
exert a sizable drag on California's growth which could itself have budgetary
consequences. This is actually a best case scenario, and it is clear that the
ratepayer has more pain to come, especially if California bails out Edison
and PG&E creditors with a "Plan B."
Legislative Matters
Nine key Democratic members are preparing legislation that would authorize a
buyer's cartel along with Washington state and Oregon state to set a firm
upper limit on what each state will pay for electricity during peak demand
periods.  Under this legislation, the state would simply refuse to pay more
than a predetermined price for electricity, no matter what happened.  The
Senate is having a hearing on this issues next Tuesday.  Davis commented
yesterday that he is in support of this legislation.
As mentioned in Wednesday's report, of the two viable Plan B's, success will
be determined by the following questions: (1) will it trigger a rate-payer
rebellion among California voters?; and (2) will it pass in time for SoCal
Edison to be rescued before bankruptcy?  One problem is that even if the Plan
Bs worked out for both SoCal Edison and PG&E, what happens with the other 64%
of their power needs?   One legislator notes, "even the good Plan B from
SoCal's perspective makes them essentially a vessel of the state and if we
are still talking about eminent domain with the other plants in California
how do you add new capacity -- which is the ultimate solution -- when
everybody who has come in has their assets seized?"   The real issue still
remains for any Plan B is: who pays for it and how much more does it cost
taxpayers.   Rate payers in California are already looking forward to a
future where their electricity rates will be paying not only for the
colossally high cost of the power itself, but also the coupons and ultimately
the principal on the $13 billion in bonds just authorized, on the "rate
reduction" bonds already outstanding and -- if the Plan B advocates get their
way -- on bailout debt issues for SoCal Edison and PG&E.


Thanks for setting this up.  How about the Houston Regulatory group?

Thanks, Kim.

 -----Original Message-----
From: 	Lindberg, Lorraine
Sent:	Wednesday, October 10, 2001 11:21 AM
To:	Watson, Kimberly; Lokay, Michelle; Lohman, TK; McConnell, Mark; Y'Barbo, Paul; Harris, Steven; Geaccone, Tracy; Moore, Jan; McCarty, Danny; Donoho, Lindy; Pavlou, Maria
Cc:	Robertson, Audrey; Armstrong, Julie
Subject:	TW Global Settlement

Maria Pavlou has graciously agreed to give the TW Commercial Group a brief review of the Global Settlement on Thursday, November 1 from 10 - 11:30 am in 49C2.  Please mark your calendars if you are interested in attending.

Lorraine


---------------------- Forwarded by Chris Germany/HOU/ECT on 12/27/99 11:21
AM ---------------------------

pdrexel@columbiaenergygroup.com on 12/27/99 08:03:39 AM
To: Dan Junek/HOU/ECT@ECT, Chris Germany/HOU/ECT@ECT
cc:
Subject: RG&E 2000 Noms

---------------------- Forwarded by Paul Drexelius/CES/ColumbiaGas on 12/27/99
08:10 AM ---------------------------

Heidi Boyd
12/27/99 07:25 AM

To: Morgan Sharifi/CES/ColumbiaGas@ColumbiaGas
cc: Noel Bartlo/CES/ColumbiaGas@ColumbiaGas, Paul
Drexelius/CES/ColumbiaGas@ColumbiaGas, Marianne
Stiles/CES/ColumbiaGas@ColumbiaGas
Subject: RG&E 2000 Noms

Hi Morgan, Noel, and Paul,

I just received my daily volume for Jan 2000 from RG&E.  That number is a CNG
requirement of 83 dth's/day.

Thanks and will be sending you more soon.


I don't think I'm going to be able to go.  I am so busy at work....I'm going to be here late.
-----Original Message-----
From: Matthew.Lenhart@enron.com [mailto:Matthew.Lenhart@enron.com ]
Sent: Wednesday, October 24, 2001 2:45 PM
To: Jilallen
Subject: RE:
you guys still going out tonight?
    -----Original Message-----
   From:   "Allen, Jill (US - Houston)" <jilallen@deloitte.com>@ENRON
   Sent:   Thursday, October 18, 2001 1:48 PM
   To:     Lenhart, Matthew
   Subject:
   hey Matt!  what's going on?  got any big plans for this weekend besides
   watching the LSU game?
   This message (including any attachments) contains confidential
   information intended for a specific individual and purpose, and is
   protected by law.  If you are not the intended recipient, you should
   delete this message.  Any disclosure, copying, or distribution of this
   message, or the taking of any action based on it, is strictly
   prohibited.
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This message (including any attachments) contains confidential information intended for a specific individual and purpose, and is protected by law.  If you are not the intended recipient, you should delete this message.  Any disclosure, copying, or distribution of this message, or the taking of any action based on it, is strictly prohibited.


(See attached file: HPLN0424.xls)

 - HPLN0424.xls


Also, do you make a longer / wider front bumper?

 -----Original Message-----
From: 	Hyatt, Kevin
Sent:	Tuesday, January 15, 2002 11:43 AM
To:	'timprice@globalhobby.net'
Subject:	XTM Outlaw truck
Importance:	High

I purchased an XTM Outlaw for my son for Xmas.  I need replacement front suspension arms (that the long pin goes thru) and my local dealer doesn't have the parts in stock.  How do I get the replacements?

thanks

Kevin Hyatt
18715 Hickory Ashe Drive
Humble, TX  77346
kevin.hyatt@enron.com