Alicia, I am sorry I did not get this sent to you earlier, but I have a prior commitment and will not
be able to attend.  I hope it is a good time for everyone else.  Thanks. Lynn

 -----Original Message-----
From: 	Lenderman, Alicia
Sent:	Thursday, July 12, 2001 4:51 PM
To:	Corman, Shelley; Dietz, Rick; Holmes, Bradley; Nacey, Sheila; Blair, Lynn; January, Steven; Hotte, Steve; Abshire, Scott; Sullivan, Michael; Gigliotti, Mark; Licciardo, Jeanne; Kedwaii, Hasan; Bisbee, Joanne; Herron, D.J.; Ferguson, Mark; Brower, Susan; Koh, Wendy; Smith, Chris A.; Kenagy, Gary; Volpone, Ray; Stacy, Don; Lehn, Terry; Daze, Don; Vollmer, Mary; Steward, Larry; Strader, Kelly
Subject:	Jillian's Invitation

Reminder:  Friday, July 13th is Afternoon at Jillian's.  We hope to see you there.

 << File: come join us.doc >>


Due to the recent filing for Bankruptcy Protection and the new debtor-in-possession ("DIP") financing, there are numerous requirements we will have to report and monitor.  This meeting is to discuss the procedure on receiving and paying cash out of Enron Corp, ENA , or any other entity controlled by these companies.

Please plan to attend this meeting today, December 5, 2001 at 5pm in ESC 05990 Conference Room.


Hi Kate!
I just want to make sure that this is the correct counterparty name.  Usually
we trade with El Paso Merchant Energy, L.P.  Is this name entered correctly?
Kim


A proposal has been brought forward regarding next season:
Do we want to have 3 refs at the game (ie, a referee and 2 linesmen)?
The cost would increase from $20 a game to $60ish a game.

Some teams have suggested that this is not necessary as this is in fact a recreational league.  I tend to agree.

Let me know your thoughts, and I will pass them on to the league.


Group,
Here is some more inforation regarding taking care of Canada this weekend.
Bill

 -----Original Message-----
From: 	Taylor, Michael J.
Sent:	Thursday, September 20, 2001 2:38 PM
To:	Williams III, Bill
Subject:	Coverage of Alberta Realtime desk

Bill,

Attached is a memo outlining dispatch instructions for when your guys are covering our desk this weekend.  I thought with all your new guys they might need a little help.  We have it set up so there will only be a minimal amount of work.

Also, if there are any problems, you can reach me on my cell, as I will be on-call on Friday and Sunday.  The number is (403) 620-5083.

Have a good weekend,

Mike Taylor


Aaron Martinsen wins with a cool 15.


Welcome to this week's edition of The Chicago Brain Trust, "a humorous
look at the Chicago-area's e-business community." Starting today, we'll
be running the newsletter's content on the web site with a one-week
delay <http://chicagobraintrust.com/>. (For the investor, that means
you're a week behind if you read the archive on the site. Keep it
current and subscribe.)

As always, if you're looking for our signature cartoons, boogie on over
to <http://chicagobraintrust.com/retinalimages.htm>, and while you're at
it, check out our fine selection of daily comic strips at
<http://chicagobraintrust.com/comics.htm>.

And now, on with the show...

-Todd Allen
Chief Executive Smart-Ass
The Chicago Brain Trust

==============================================================================
==
Warning: There is no truth in any of the materials in this newsletter,
except by satirical inference.
==============================================================================
==

McDonald's Acquires Failed Web Firms, Sends Employees to Burger U.

(Oak Brook, IL) Fast food giant, McDonald's has entered the dot-com
world with a big splash, acquiring failed web firms at a breakneck pace.
 Not an ordinary technology investor, McDonald's is taking a corporate
raiding approach to these acquisitions.  Instead of utilizing acquired
firms to increase the corporation's Internet presence, McDonald's is
taking a new spin on the increasingly popular "Vulture Capital" role,
selling off patents and equipment, while retraining the acquired
staff.

"Getting employees that can make correct change and process orders
properly is much more difficult than one might imagine," McDonald's
spokesman Harrison Dent explained.  "There's also the issue of
convincing qualified teenagers that McDonald's is a cool place to work.
It all makes staffing very difficult for us.  We've found that most web
programmers have sufficient mathematical skill to make correct change,
as well as handle the digital read-outs on microwaves and French Fry
machines.   With the economic problems many web firms have been having,
compared with the cost of constantly recruiting new teenagers and
replacing them as they go off to college, it has become economical to
simply acquire a struggling web firm, sell-off whatever assets they
have, and send their staff to Burger U. for retraining in the business
of family dining."

Dent went on to say that the various positions at web firms mapped out
well with McDonald's staffing matrix.  Programmers, being mathematically
inclined, would process the customer orders and make correct change.
Quality assurance workers are sent back to the kitchen, making sure each
burger they flip is up to corporate standards.  Technical support makes
sure the grills and fryers stay in working order and that the floors are
clean.  Managers continue to manage and accountants still do the
books.

"Initially there were concerns that, due to the large number of foreign
programmers, that there might be some language problems with these
workers taking orders.  However, upon execution, it was found that the
problems with poor English skills were no greater than those currently
existing in our Chicago operations."

McDonald's largest problems in converting employees seem to be dress
code and unauthorized snacking.

"Unfortunately, the casual dress codes allowed at some of these firms
have caused a culture clash," Dent elucidated.  "We have had some issues
with employees showing up to work in dirty t-shirts, rather than in a
McDonald's uniform.  Similarly, many of the acquired firms provided free
and unlimited snacks and drinks, a policy which is not a staple of our
organization."

Still, Dent was upbeat about the prospects of transitioning the digital
economy to the burger economy.

********Advert**************************************
Want to laugh at something besides business?

Indignant Online... because ATTITUDE matters

http://www.indignantonline.com

...we have sports, too
********Advert**************************************

Brain Dead
The Next P2P
By The Big Head

In the battle of acronyms, the first P2P was path-to-profitability.
Then we had P2P as in peer-to-peer.  Though no one really knows if this
is Napster type P2P (central server based) or the SETI type P2P
(distributed computing).  Regardless, the next P2P will be
Private-to-Public, as in private-to-public exchanges.

The beginning of the B2B revolution was led by public "exchanges".
While the exchanges were nothing of the sort when one used to think of
true exchanges (Commodities, Futures, NASDAQ, NYSE), they did expose the
public to the Internet space.

These "exchanges" as they were called were really nothing more than
glorified auctions.  There was no exchanging going on because that is
not what they were designed to do.  The idea of these early companies
was to build a technology and then leverage the power of the Internet to
create buying communities.  Whether it was buyers or sellers, the
premise was the same.

If the company chose to work on sell side mechanics, then it was usually
excess inventory of some sort put out into a platform where the highest
bidder was the winner.
Conceptually, this was a good idea.

However, it was fraught with a few challenges.  First, you needed lots
of buyers to attract the sellers, and vice versa, thus liquidity was an
issue.

Second, none of these technologies took into account a payment mechanism
or payment platform, thus all settlement issues were handled offline.
While this may have been fine in modern times, the premise of the
Internet was to help eliminate such paper and time-based
inefficiencies.

If the company chose to work on buy side mechanics, then a buyer would
list his request and suppliers could jump at the chance to bid for the
opportunity.  This, as well, brought about it's own set of challenges.

Namely, the suppliers, who were necessary for the validity of the
auction, stayed away.  The figured it out pretty quickly that they would
only be bidding against themselves and their own margins.  Thus without
enough suppliers, you had no liquidity.

Where is the industry now?  On the "Private Exchange" model.  What the
industry failed to take into account was the value of RELATIONSHIPS.

The relationship between buyers and sellers is a long term and trusted
item.  Some relationships go back a hundred years.  Take Ford and
Firestone for instance.  That relationship has been in existence since
the dawn of the automobile.

You don't just build a technology and expect to steal those existing
bonds away overnight.  Therefore, the premise of the public exchange is
to leverage the existing relationship between the buyers and sellers of
companies, industries and verticals.

The companies are saying, give me a better way to deal with my own
suppliers.  I trust these companies, I know them, I know their pricing,
and their deliverables, heck, I play golf with their CFO.  I want to
keep them.

However, I want to do it more efficiently.  What can technology and the
web do to make my life easier in dealing with the known quantities that
exist within my own company realm?

So now, the push is to private exchanges.  A way to take big companies
with hundreds or thousands of existing relationships and bring them to
the web.  This creates immediate liquidity among groups of companies
used to doing business with each other.

That makes sense and should be where the market focus was all along.
What will the evolution of this be?  That is where the new P2P comes
in.

What is P2P, you ask?  Private-to-Public exchanges.

While a private exchange focuses on existing customers, a public
exchange holds the promise of more buyers and sellers.  Thus, more
liquidity creates potentially more sales or more savings.

Ask yourself, "If I were a company would I be interested in new buyers
and sellers for my goods?"  Invariably, the answer is yes.  A private
exchange automates my existing relationships.  However, find a way to
provide me access to more buyers and sellers as well, and know you
really have my attention.

Where is the future of exchanges?  It should move toward a
private-to-public marketplace.

First, make it easier to deal with my existing customer and supplier
base.
Second, give me more buyers and sellers for my goods.

Whether this means a melding of the different private exchanges in the
future, or several overlying technologies that provides access across
many borders, is yet to be seen.  I'm willing to bet the future of B2B
commerce will lie somewhere in the neighborhood of the new P2P.

********Advert**************************************
What?!? You haven't subscribed to The Chicago Brain Trust yet?

Get with the program, click here:
http://thechicagobraintrust.com/subscriptions.htm

Enough, already!
********Advert**************************************

New Tissue Headlines of the Week - May 23, 2001

(Chicago, May 21) NEWS FLASH! The McKinsey Report Does Exist!  In a
brilliant piece of skullduggery, CBT staff members, Luke N. Forlove and
Little Debbie, were able to penetrate the $50 million dollar security
screen erected around Katherine Gehl's office and copy the entire
document. "Well, we kinda waited 'till she went to lunch and while Luke
distracted her assistant with his masculine charms, I copied the entire
25,000 page document on my Brownie camera," Debbie revealed.

While we intend to release the document piecemeal to obviously milk it
for all it's worth, here are the names of some of the various Chapters,
just to whet your appetite: "Intro - Boy Do We Have Problems"; "Chapter
Two - No Silicon Found in Prairie"; "Chapter Five - divine Should
Consider Software Approach"; "Chapter Nine - Tech Jobs Not as Important
as Broadband Plays"; "Chapter 13 - Horse Racing Revenue Possible Funding
Source"; Chapter 42 - More MBAs Needed".

Starting next week, we intend to publish actual material from the
report, so don't miss our next issue!

(Chicago, May 21) Microsoft Misses Boeing - Heads to Chicago Too.  In a
surprise announcement, Bill Gates, Microsoft guru and founder told the
press that he had decided to move the company's headquarters to Chicago.
 "I was shocked an surprised to see that Boeing moved, but then I
checked out their rationale and concluded they were right," Gates said.
Pointing to a PowerPoint presentation that no one could decipher, Mr.
Gates remarked: "After all, when you take into account, climate,
available human resources, the transportation capabilities, it's a
no-brainer."

Sources close to Gates indicated that when Bill found out that the
Playboy Building was available, he jumped at the chance to move.  It's
rumored that Bill has visions of taking on the mantra of Hefner now that
he's stepped down as CEO of the world's largest software company.

(Evanston, May 22) Northwestern University's Mohan Sawhney Makes
Internet Prediction that Comes True! Yes, that's right, Professor
Sawhney has actually made a prognostication that was borne out! Last
week the Professor predicted that Microsoft would move to Chicago.
"After all, when you take into account, climate, available human
resources, the transportation capabilities, it's a no-brainer," Sawhney
cited at a meeting of Internet gurus.

Sources close to Sawhney said that when the Professor heard that the
Playboy Building was available, he easily made the prediction.
"Business is all about collaboration, work flow and relationships. And
who was better at relationships that Hugh Hefner. If Mr. Gates can pick
up where Mr. Hefner left off, Microsoft should be a winner." Sawhney
said.

In a related story, a spokesperson for Viagra was heard to remark, upon
hearing the news, "If Bill uses the Hefner model, he'd better stock up
on our product.  After all, if Windows were a man, not only would there
be performance problems, but shutting down in the middle of a session is
just not going to cut it.

Others in Chicago said that perhaps that was the real reason for the
move.  "Maybe moving to the Playboy Building will inspire them to create
products that get issued to the public prematurely. Premature issuance
is a real problem, especially when, well, you know," a local government
official was quoted as remarking. Most Chicagoans felt that that least
the Windows wallpaper would likely be a bit less dull in the next
Windows product line should Gates be ensconced in town.

(Chicago, May 23) Britannica and Online Unit to Combine - Move Books
Through the Internet. Citing the slower sales of the paper-based
encyclopedia and the struggling revenue model for their e-commerce site,
Britannica spokesperson Winston Miles said: This will really cut down on
expenses.  All we have to do is figure out how to stuff those heavy
books through the wires and we'll really show some progress."

Sources close to Britannica's president say that when he heard that
"broadband" was now widely available, he said, "OK, so if it's broad
enough, then the big fat book should fit, right?"

********Advert**************************************
The chicks that run this site are always bugging me for coverage:

http://www.pinkslipparty.org/

Satisfied, girls?
********Advert**************************************

Shock Therapy
Digging Through the Archives - Do You See A Pattern Here?

By I.P. Daley
Editor In Chief

Hello fellow CBT'ers.  I'm a bit more lucid this week, having been
allowed a lesser dose of my medicine - and while my frontal lobes are
clear, I took some time to visit the hospital's library.  You would be
so surprised to see just how many things were collected ON PAPER before
the Internet reared its ugly head.

The facility actually has a wonderful collection of old newspapers -
yes, a paper document where content was placed on a daily basis and -
you'll never believe this, dear readers - people actually paid to read
it! Really!  I'm not kidding!

Anyway, what I found enervating was that there were real-life stories in
these newspaper things, you know something called "news" that didn't
entail a wonderfully endowed woman or a plastic faced man to interpret
it for us. Think of this crude idea; a person called a "reporter" went
to the site of some "news event" and - now I know you won't believe this
- wrote down the FACTS!  Then, and this is even more fantastic, the
"editor" (a person who actually read all the written down stuff to see
if it made reading sense) let the reporter person put it in the paper
exactly like it happened - he didn't need to "spin" it or check with the
advertisers first!  WOW! No wonder newspapers have ceased to exist.

But I digress. The article I snipped out of the paper seemed vaguely
familiar to me, but I couldn't place it.  No problem, I called Mohan
Sawhney, my old buddy at Kellogg (If he's at Kellogg and he's so famous,
why is it, he's never been on the Corn Flakes box?) and asked him if he
could make the connection for me.  After 1 hour and 45 minutes of
phraseology like: "Strategic Insights into eBusiness Transformation", I
thanked him and rang off. While he didn't provide further illumination,
he did tell me that Kansas was in the Midwest.

Rather than try to figure it out myself, I decided to let you, the
reader, provide me with clues to why this tickled my subconscious.
Please let me know, as I have to go back into confinement and won't be
allowed back into the library until July 17th 2003. All e-mails should
be sent to ipdaley@thechicagobraintrust.com.
Kansas Sun-Times
Hullabaloo Kansas, Dec. 19, 1903.
For Produce Farmer, Automobile Failed Against Horse and Wagon
For 3 generations Samuel L. Ross's family has adopted the latest
technology to keep their farm's production at the head of the class.
"Everyone here abouts knows my father was the first to buy a Deere
reaping machine back in '73," he was quoted as saying during our recent
interview.
But there's one thing you won't see on Ross's farm - any of those new
fangled inventions called the automobile.  "That new fangled horseless
carriage isn't going to cut it when it comes to getting my produce to
market." Ross said while standing along side his farm wagon and team of
horses. "Why the dang thing needs gasoline every 10 miles and it only
hauls
 ton, compared to 2 ton I can fit on my wagon. Even worse, it
scared the dickens out of Joe Roy's filly."
Ross said he was approached by Ransom E. Olds last year and talked into
purchasing an REO Speed Wagon to use to move his produce to market in
Salinas, over 20 miles away. Eager for a competitive advantage, Ross
jumped at the change to try the auto. But shortly after he purchased the
horseless carriage problems came up. "They didn't tell me you needed
gasoline to run the dang thing - hell I've got lots of oats, but I got
to go into Salinas once a week to get 50 gallons of that stuff. Then I
learned it's even more flammable than kerosene, I can't keep it anywhere
near the stove!"
Sam went on to say that the REO needed things like a "tune up" and
"spark advance" - things he wasn't qualified to do - so he needed to
hire a "mechanic". "Hell, if I'da known that, I'da never bought the
thing."
Seems that the idea behind the auto was wrong. Olds invented the speed
wagon for smaller deliveries in towns like Salinas, and when he tried to
sell it outside of town, it just didn't catch on. In fact, Olds has left
the truck business and is concentrating on carriages for homeowners.
"Hell, he'll fail even faster with that model," Sam said. "No way
families are going to use that."
But all is not lost, Sam's been approached by a gentleman named Francis
E. Stanley, out of Maine who is trying to sell Ross a steam powered
wagon. "Now I'm really considering that," he said, "Steam - that's a
proven technology - just like my tractor and all them locomotives."
Next week, Sam is taking delivery of the steam wagon. "The automobile is
dead, but this here steam wagon, now that's the future. You know, taking
proven technology and applying it to something else."
In an unrelated story, Orville and Wilbur Wright had the audacity to
announce that commercial air travel will be the norm in less than 50
years - this after their "flight" of 120 feet in South Carolina this
week.

********Advert**********************************************************
SITEVSIONS.com - WEB DEVELOPMENT AT REASONABLE PRICES

If you are a small to medium-sized company and you are looking for an
entry level or a medium-sized website at a very reasonable price,
contact us.  We offer all major development tools and a full line of
products such as e-commerce shopping cart development, auction software,
bulk e-mail, and we have these products priced aggressively.

Our websites begin at $2,500 for a starter site and run up to the low
six figures for huge, robust e-commerce applications.

See sample work at: www.sitevisions.com/2001/portfolio.htm

Contact us at sales@sitevisions.com or call 312-364-9438 x 224.
********Advert**********************************************************

This has been a production of the Chicago Brain Trust.  All materials
are copyright 2001, The Chicago Brain Trust, all rights reserved.

For more mayhem, visit the Chicago Brain Trust at
http://www.chicagobraintrust.com

======================================================================
Your e-mail address [whalley@enron.com] is in our mailing list. If you
would like to remove yourself from this list, please click:
http://sitevisions.Unitymail.Net/UM/U.asp?A2765.11454.16462
and you will be removed immediately! Or simply REPLY to this
message with UNSUBSCRIBE in the BODY. Thank you!


Ok--being the one that probably doesn't really have the dollars to do this I
would still say "yes"----will try to make room on a credit card for
this--have until June so I think it is ok.....

Will call the picture lady tomorrow and see what the price would be for
that--will email you the results.

Sista Cindy

-----Original Message-----
From: White, Cara [mailto:CWhite@texas.usta.com]
Sent: Wednesday, February 14, 2001 3:35 PM
To: 'cwhite@viviance.com'; 'sally.beck@enron.com'
Subject: anniversary

Hi, sistas-

Here's the scoop on the Josephine House:

We can reserve with just a credit card; no deposit required.

Parties under 20:  $200 room fee.  $50 valet parking fee.

I confirmed "17" with mom.

Heidi sent some sample menus.   A 3-course menu (appetizer or salad, entree,
dessert) is $45.
A 4-course (same as 3-course plus hors d'oeuvres) sample menu is $52.
Each menu could include a choice of three or four options per course.  The
food sounds really good.

So, here's a guess at cost:
17 people at $45 =  $765
Beverages =        $200
Gratuity =   $193
Valet =    $  50
Room rental =   $200
TOTAL   $1408, or $469 per family if we divide it into
thirds

What do you guys think?   Should we explore other options - or just go with
this?   I think Chris and I would be fine with this sort of cost - but
probably couldn't go crazy with gift and decorations too.  So, if we really
want to do the photo(s) - do we have a cost for these yet?, we may want to
consider other options.    Thoughts?   -cara

Cara White
Community Development Coordinator
USTA Texas Section
1-888-883-6388
cWhite@texas.usta.com


Opps.  I hear I should have sent this to you.

This is one of Jake's deals.

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 04/18/2001 10:41
AM ---------------------------

Kay Mann
04/18/2001 09:16 AM
To: Stephen Thome/HOU/ECT@ECT, Matt Maxwell/Corp/Enron@ENRON
cc: Jake Thomas/HOU/ECT@ECT

Subject: Salmon Closing Checklist

FYI. I'm reviewing.
---------------------- Forwarded by Kay Mann/Corp/Enron on 04/18/2001 09:13
AM ---------------------------

"Campbell, Carolyn" <CCampbell@KSLAW.com> on 04/18/2001 08:41:56 AM
To: "'kay.mann@enron.com'" <kay.mann@enron.com>
cc: "Keffer, John" <JKeffer@KSLAW.com>

Subject: Salmon Closing Checklist

 <<2XNK01!.DOC>>

Kay:

Per your request, enclosed is a current draft of the closing checklist for
the Salmon transaction.  Please advise of any comments.  Thanks.

Carolyn M. Campbell
King & Spalding
713-276-7307 (phone)
713-751-3280 (fax)

Enclosure:  136928v1

                    Confidentiality Notice
This message is being sent by or on behalf of a lawyer.  It is intended
exclusively for the individual or entity to which it is addressed.  This
communication may contain information that is proprietary, privileged or
confidential or otherwise legally exempt from disclosure.  If you are not the
named addressee, you are not authorized to read, print, retain, copy or
disseminate this message or any part of it.  If you have received this
message in error, please notify the sender immediately by e-mail and delete
all copies of the message.

 - 2XNK01!.DOC


---------------------- Forwarded by Chris H Foster/HOU/ECT on 03/28/2001
07:03 AM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  CoganJA@aol.com                           03/27/2001 04:26 PM

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

Sean and Chris,

Attached is the draft proposal for your valued input and editing. ?I will
touch base with you tomorrow as I travel to Las Vegas.

All the best,

John

John A. Cogan

Johnco Group
3629 Lake Kristin Drive
Gretna, LA 70056
Phone ?(504) 392-7557
Cell ?????(504) 491-2874
Fax ?????(208) 730-4713
 - PPL - Griffith Gas Sales Proposal.doc


See attached for your review prior to meeting, Tuesday 9:30 38C1.  Thanks.
Mary

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


Have we captured these dollars in our P&L?   Let's make sure we are getting
credit, if appropriate.

---------------------- Forwarded by Scott Neal/HOU/ECT on 08/04/2000 10:36 AM
---------------------------

Robert Superty
08/03/2000 04:02 PM
To: Sally Beck/HOU/ECT@ECT, Scott Neal/HOU/ECT@ECT, Brent A
Price/HOU/ECT@ECT, Bryce Baxter/HOU/ECT@ECT
cc: Molly Sumrow/HOU/ECT@ECT
Subject: CES Update

FYI - ongoing CES reconciliation. At this point we will be receiving app.
$5.4M (invoice sent on 7/27) with another $7.5M to be billed to them next
week.

Still more to come, for details read the attached from Molly.

Bob
---------------------- Forwarded by Robert Superty/HOU/ECT on 08/03/2000
03:52 PM ---------------------------

	From:  Molly Sumrow                           08/03/2000 03:47 PM

To: Robert Superty/HOU/ECT@ECT, Victor Lamadrid/HOU/ECT@ECT, Beverly
Beaty/HOU/ECT@ECT
cc:
Subject: CES Update

Attached is the current status of the CES reconciliation.  Please call me if
you have any questions.

Thank You,

Molly


-----Original Message-----
From: Daniel Guertin [mailto:dguertin@sempratrading.com]
Sent: Friday, August 03, 2001 7:38 AM
Subject: Tropical Weather Update

Attached is a copy of the Tropical Update for August 3, 2001.  The tropical
weather update can be opened by double-clicking on the attached PDF file,
and you can zoom in on each of the maps using the magnifying glass icon in
Adobe.

Please feel free to contact me directly if you have any questions or
comments regarding this forecast.

Best Regards,
Dan Guertin

 <<Tropics - August 3rd.pdf>>

**********************************************
Dan Guertin, Meteorologist
Sempra Energy Trading Corp.
58 Commerce Road
Stamford, CT  06902

Phone: (203) 355-5104
Fax: (203) 355-5010
Mobile: (203) 820-4098
E-mail:  dguertin@sempratrading.com

****************************************************************************
This e-mail contains privileged attorney-client communications and/or confidential information, and is only for the use by the intended recipient. Receipt by an unintended recipient does not constitute a waiver of any applicable privilege.

Reading, disclosure, discussion, dissemination, distribution or copying of this information by anyone other than the intended recipient or his or her employees or agents is strictly prohibited.  If you have received this communication in error, please immediately notify us and delete the original material from your computer.

Sempra Energy Trading Corp. (SET) is not the same company as SDG&E or SoCalGas, the utilities owned by SET's parent company.  SET is not regulated by the California Public Utilities Commission and you do not have to buy SET's products and services to continue to receive quality regulated service from the utilities.
****************************************************************************


CERA Alert: December 13, 2000

Title: California on the Brink
CERA Knowledge Areas: Western Energy, N. American Power, N. American Gas

CALIFORNIA ON THE BRINK
The California Stalemate
California moved closer to the brink of an outage today as concerns over
credit-worthiness of buyers brought the possibility that generators would
avoid selling to the California market. While numerous factors have
contributed to the high cost of power incurred by California's utilities, the
root cause of the current crisis is a lack of new generation. The current
credit crisis and its threat to supplies could spark state action to address
the situation. The collective efforts of all market participants should be
focused on increasing generation capacity as quickly as possible.

Western power prices have skyrocketed well beyond the record levels set this
summer. Perhaps because frozen rates insulate the majority of California
consumers and companies from tangible effects of the market crisis,
regulators have been able to postpone meaningful market reforms and
significant rate increases. The California Public Utilities Commission denied
the requests of Pacific Gas & Electric and Southern California Edison to end
their rate freezes, forcing these utilities at least temporarily to finance
the costs of higher wholesale energy. This has created an unsustainable
accumulation of costs and a loss of faith in the California market.

The current credit crisis and the potential for blackouts may become the
galvanizing events that provide state regulators with a public mandate to
address the underlying structural problems in the industry. However, there is
no guarantee that these regulatory actions will expedite an effective
solution for customers and the industry as a whole. Wholesale and retail
markets that emerge from regulatory intervention are likely to remain
muddled. In the necessarily political process that will follow, it is
possible that-as has largely been the case so far-the steps taken will fail
to move the California power market toward a more enduring solution and will
instead continue to mask the underlying structural flaws.

In the six months since California's supply shortfall began plaguing Western
markets, regulators have done little to address the underlying problem.
Rather than addressing the cause of the supply shortage-establishing a market
environment that encourages timely additions of new generating capacity and
demand side responses-efforts are instead directed at trying to lay blame for
the crisis and lessen the immediate financial impact on customers. Indeed,
several actions taken thus far have served more to compound the problem by
discouraging new power plant additions. These include price caps, repeated
changes to market rules, attempts to seize generator profits, and a
challenging siting and permitting process.

Medicine Worse than the Illness
Several years of electricity demand growth and low prices in California were
accompanied by very few additions to the supply base. Regulators did not pay
adequate attention to the looming supply shortfall. The void of consensus
over the cause of the current crisis has instead been replaced by a series of
bandaid remedies that address the symptoms, but not the cause, of
California's electric market woes.*

* Challenging siting and permitting. Despite state action to better
coordinate the siting and permitting process for new power plants, power
plant developers still face high hurdles. Local community opposition alone
has struck down some key proposed facilities.

* Price caps discourage investment. State and federal proposals to cap prices
limit the attractiveness of the California wholesale power market, especially
for developers who have the option of channeling scarce capital and equipment
to more stable or more attractive markets outside the state.

* Repeated rule changes. Frequent rule changes in the ISO markets (including
the price caps) confound attempts by developers to estimate profits from new
plant development.

* Calls for refunds. Despite reports by the Power Exchange, the ISO, and the
FERC that no pattern of abuse could be found from their examination of the
California markets, state officials continue to accuse power providers of
gaming the market. Calls by state officials for refunds of generator profits
are a threat to new plant development.

* Facility inspections. Recent inspections of power plants by state officials
to verify that operators are honestly reporting the operational status of
their generating units accentuates the atmosphere of mistrust.

CERA's recent analysis suggests that merchant plant developers in the West
are not guaranteed? to make a profit. Prospects of new plant profitability
are affected by the timing and quantity of new plants, decommissioning of
older units, demand growth, and numerous other difficult-to-forecast factors.
California's regulatory actions only further cloud the assessment of
financial viability and degrade the political environment for developers
considering entering the state.

Despite efforts by the California ISO to stimulate new capacity additions in
the state with a special, limited-term capacity payment, CERA estimates that
demand growth will continue to outstrip supply additions in the West in 2001.
In addition, the existing siting and permitting process will prevent a
sufficient quantity of capacity from entering the market until 2003 at the
earliest. Therefore, three years remain before a sufficient quantity of
capacity enters service to significantly dampen prices and decrease the risk
of an outage.

The Road to Recovery
There are a number of actions that can be taken to help relieve the capacity
shortfall:

* Encourage new build. Supply must be part of the answer. This requires a
series of steps that can help facilitate new supply build. While in principal
some have been taken, such as new fast track approval, the success of these
actions can only be measured by the build itself. For now, there is still not
enough new supply coming on until 2003 to relieve supply tightness.?

* Stabilize investment climate. Utilities must have assurance that they will
ultimately be allowed to recover market costs for power. This provides the
credit worthiness needed by sellers to produce energy and to stimulate new
build.

* Move toward more balanced utility supply portfolios. One of the reasons the
pressure on customers has been so intense in California has been the absence
(and even discouragement) of diverse supply portfolios among the utilities in
the state-particularly for residential and small commercial customers. With
the market at a peak, however, now is in one sense a sub-optimal time to move
toward term contracting. Yet these contracts provide the foundation for a
series of actions-including new supply build and demand side investments. If
they end up above market, they will at least have achieved the desired effect
of knocking down prices, a fact which by itself should provide sufficient
justification for recovering the cost of these commitments.

* Encourage market mechanisms that elicit a demand response. Although
originally a feature of California's market design, most consumers are
insulated from price spikes through capped or frozen retail rates. Exposing
customers to at least some of the market price signals would encourage a
demand response.

* Encourage market mechanisms that dampen the "Boom Bust" characteristic of
the market. Whether in the form of a capacity payment, a reserve requirement,
or a minimum term portfolio requirement, the California power market needs to
move to a structure that encourages investment in new capacity when the
market is in balance rather than waiting for a shortage and price shock to
elicit new investment. Such a structure can help dampen (but not eliminate)
future price volatility.

* Avoid continuously tinkering with the market. While the market does need to
be restructured as described above, it also needs to be stable and reliable
to encourage the development of new supply as well as a robust long-term
contractual market for power in California. Continually tinkering with the
market structure-such as the three times the price cap has been shifted since
July-only serves to undermine confidence in the market. California needs to
do its best to develop a long-term solution and then let the market run its
course.

* Allow for greater environmental flexibility. The state should explore a
more balanced solution to emissions restrictions in the face of a supply
shortfall that has been exacerbated by generators that cannot operate due to
emissions restrictions.

* Free PURPA power plants to generate. Relief should be granted to PURPA
power plants that are operational, but are restricted by contract from
operating to generate only power.

**end**

This CERA Alert will be available in PDF format within 24 hours.

**********************************************************************
This electronic message and attachments, if any, contain information
from Cambridge Energy Research Associates, Inc. (CERA) which is
confidential and may be privileged. Unauthorized disclosure, copying,
distribution or use of the contents of this message or any attachments,
in whole or in part, is strictly prohibited.

Terms of Use: http://www.cera.com/tos.html
Questions/Comments: webmaster@cera.com
Copyright 2000. Cambridge Energy Research Associates


Customer Support Group is committed to continuous improvement of our service.
 This survey focuses on the services you receive from the Resolution Center,
Desktop Support, Hardware, and System Access Support.  In order to improve,
we need to hear from you. This survey should only take about 5 to 8 minutes
to complete. Your input is key to our success. The deadline for returning
this survey is April 20, 2001.  We appreciate your participation.

http://nahou-webcl1.corp.enron.com/inquisite/QuarterlySurveyMarch2001/Quarterl
ySurveyMarch2001.html


Mark, I believe 30 minutes is about right, but you can have more time if you need it.  I assume powerpoint facilities will be available, but by copy of this message to Elizabeth Labanowski, I am requesting her to confirm that my assumption is correct.  Jim

 -----Original Message-----
From: 	Evans, Mark
Sent:	Thursday, April 26, 2001 5:59 PM
To:	Derrick Jr., James
Subject:	Re: San Antonio GC Meeting

Jim,

I presume presentations should be around 30 minutes, or do you prefer less?

Should we assume there will be powerpoint facilities?

							Mark


You have a meeting today at 2:00, see below message.

 -----Original Message-----
From: 	Bates, Kimberly
Sent:	Tuesday, May 15, 2001 3:05 PM
To:	Leach, Doug; Tycholiz, Barry; Wallis, Janet H.; Lagrasta, Fred; Vickers, Frank; Neal, Scott; Shively, Hunter S.; Martin, Thomas A.
Cc:	Arteaga, Airam; Presas, Jessica; Young, Becky; Vuittonet, Laura; Ryan, Beth
Subject:	Origination meeting

You are invited to a meeting to discuss origination activity for  crude, refined products and petrochemicals.  The meeting will be held on May 21 at 2:00 in Eb 30c1.


Check out the latest version of Enron Business Online at home.enron.com.
Click on Publications, then on Enron Business and "Volume 5, 2000".  This
issue, read about what Ken and Jeff could have worn for Halloween costumes!

Also in this issue:

? Enron Broadband Services chips away obstacles;
? DealBench and the art of the paperless deal;
? Global risk managers structure risk even insurers can like;
? Diversity and what you think;
? Enron rescues a giant panda; and
? The Rise School leads lessons in compassion and ABCs.


From http://www.enerfax.com:

Sonoran Open Season Results

Kinder Morgan and Calpine Report Successful Open Seasons for Sonoran
Pipeline; More than 1 Bcf per Day for Phase 1 from San Juan Basin to
Needles
and Topock; Another 1.5 Bcf per Day for Phase 2 from California Border to
San Francisco.

Canadian Producers Investigate Coal Gas

    Canadian producers are counting on obtaining big natural gas volumes
from shallow coal seams. Alberta Energy, Nexen, PanCanadian Petroleum and
Penn West Petroleum are spending millions of dollars to investigate whether
natural gas trapped in coal beds less than 3,300 feet deep can be produced
economically.  The US derives 7% of its natural gas production from coal
seam gas. Western Canada is estimated to have between 135 Tcf and 260 Tcf
of
recoverable coal gas. Natural gas fields containing at least 17 Tcf have
been discovered in Canada's Far North, but bringing them to market will
cost
billions to build new pipelines and other facilities. Advocates say many
coal deposits sit near existing processing plants and transmission lines,
meaning coal gas fields will be cheaper to connect and produce than Arctic
reserves. The Alberta Research Council has spent several years researching
ways to enhance coal gas production and is looking for C$12 million to
proceed with a pilot project.

El Paso Market Power Abuse Investigation Continues

    FERC's investigation into alleged market power abuse by El Paso is
still
proceeding a month after it began. Both El Paso and the California PUC have
painted contradicting versions of events, and the hearing looks no closer
to
conclusion than when it began. El Paso is attempting to discredit a study
prepared by The Brattle Group, a Massachusetts consultant hired by Edison
to
find evidence that El Paso Merchant wielded market power. It dutifully
concluded that soaring California prices were not caused by regular market
forces and pointed to a conspiracy to widen border-basin price spreads. As
part of El Paso's effort to tarnish the study, a professor of political
economy at Harvard's Kennedy School of Government testified that Brattle's
tale doesnt add up. In order to prove market power, he said 3 conditions
must be met: * The system for getting gas to California must not be full; *
El Paso Merchant must have unutilized, but available, delivery rights; and
*
Other shippers must have fully utilized their delivery rights. The final
condition, he says proves that market power is impossible to establish.

EIA FORECAST

EIA forecast for the 2nd and 3rd quarters of 2001, with last month's
estimates and actual year-ago figures:
(quantities in TCF, prices in $ per MCF)

                        Q2-2001                           Q3-2001
                June   May    2000              June   May    2000
                Est    Est    Actual            Est    Est    Actual
DEMAND      5.04   5.08   5.00             4.90   4.85   4.72
SUPPLY      4.77   4.99   5.02(R)          5.13   5.03   4.94(R)
STORAGE     1.80   1.61   1.71             2.66   2.59   2.47
WHD PRICE   4.35   4.57   3.06             3.95   4.73   3.87
($ per MCF)

This does not compare EIA forecast versus actual for the same period, but
rather, two EIA forecasts (May and June of this year) vs year ago actuals.
Between May and June, EIA's price forecast for the 3rd quarter has plunged
from 4.73 to 3.95.  Demand, Supply, and Storage are all a bit higher.  I
assume Supply means production, that is, it doesn't include imports from
Canada or LNG.

Calpine Arizona Power Plant Connected

    The western power market received a welcome addition yesterday as
Calpines new 540 MW power plant in Arizona began commercial operations. The
natural gas fired South Point power plant has been connected to the grid
and for markets in Arizona, Nevada, and California. Calpine The facility is
at the Fort Mojave Indian Reservation in Mohave County, and is Calpines
first major power plant to start commercial service in the West. It is
developing nine power plants in California that are under construction or
in various stages of permitting, and two new plants under construction in
Oregon and Washington. Together, these new power plants will produce more
than 3,400 MW.

Bob Brooks
GPCM Natural Gas Market Forecasting System
http://gpcm.rbac.com


Kim,

Thanks for all your help today.  I apologize for my propensity to catch you
away from your desk.  We all have to be good at something, right?  Anyway,
here are the fixed-price volumes associated with a portion of the basis
transactions done in June and Q3.  I'm missing some deal numbers, but I'm
guessing you won't need those.

Deal Number  Month  Date  Volume Price

   June  12/28/2000 50,000 5.320
EU8529.X/67851 June  2/16/2001 50,000 5.530

   July  12/28/2000 50,000 5.340
EU8529.P/67851 July  1/19/2001 50,000 5.630

   August 12/28/2000 50,000 5.290

EU8529.G-L/67851 September 1/10/2001 60,000 6.020
QS5478.1/67851 September 2/16/2001 50,000 5.530

In other news, a few of us, including Art and I, are getting together for
drinks after work tomorrow if you or anyone else is interested.
Coincidentally, the State Bar is the location of choice, so I hope you
aren't State Bar-ed out.  Let us know.  I believe everyone will be swinging
by around 5 or so.

Thanks again,

Charlie Sanchez
Gelber & Associates


Looks great.

Thanks.

 -----Original Message-----
From: 	Holman, Kelly
Sent:	Thursday, May 31, 2001 5:23 PM
To:	Presto, Kevin M.; Will, Lloyd; Sturm, Fletcher J.; Davis, Mark Dana; Herndon, Rogers; Imai, Rika; SMITH, Douglas; Tholan, Scott
Cc:	Walsh, Kristin
Subject:	New Gen status update
Sensitivity:	Confidential

Kevin,

Attached below is a comprehensive spreadsheet of all 76 plants and their status.  Currently our areas of concentration are the June testing/start dates (55 plants).  We are continuing to monitor and update information as received. Please review and if you have any questions feel free to contact me (3-9844) or Kristin Walsh (3-9510).

The Legend for the spreadsheet is as follows:  RED type-new information
					          BLACK type - May information
					          BLUE type - June and forward information

 << File: NewGen compiled 053101.xls >>

Thanks,
Kelly


Please plan to attend a meeting this Thursday from 3 -4 pm in Conference Room
3013 to address Meter Volume Overrides for Period 1/1/99 thru 4/30/00.

If you have any questions, please call.

Thank you!
Yvette
x3.5953


John/Louise:

Brian Stanley and I discussed his proposal to consolidate the Enron America development engineers under EEOS.  As you know, there is a lot of noise in the system with respect this topic that is detracting from productivity.  I suggest that we need to make a definite decision on whether or not the ENA Tech Services Group will be consolidated into EEOS or will they remain as a separate group under ENA.  The stakeholders in this decision include the power/gas origination teams (e.g. Duran, Jacoby, Calger, etc.) the various technical groups, and RAC.  These groups should be consulted to ensure that whatever we do meets their requirements.

I have asked Brian S. to arrange a meeting when he returns from his trip on or about June 11th (with Louise on the phone) to discuss.  This will also ensure we get past some key dates in our construction projects.

Regards,
Brian


---------------------- Forwarded by Kay Mann/Corp/Enron on 10/12/2000 04:46
PM ---------------------------

Heather Kroll@ECT
10/12/2000 04:44 PM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: MANN 17OCT HOU TO NYC ==NOT TICKETED

---------------------- Forwarded by Heather Kroll/HOU/ECT on 10/12/2000 04:44
PM ---------------------------

Claudette Harvey
10/12/2000 04:21 PM
To: Kay Mann/Corp/Enron@Enron
cc: Heather Kroll/HOU/ECT@ECT, Suzanne Adams/HOU/ECT@ECT
Subject: MANN 17OCT HOU TO NYC ==NOT TICKETED

Let me know if you need anything else.

claude
---------------------- Forwarded by Claudette Harvey/HOU/ECT on 10/12/2000
04:20 PM ---------------------------

Julie Hunt <jhunt_vitoltvl@yahoo.com> on 10/12/2000 12:36:28 PM
To: CHARVEY2@ENRON.COM
cc:
Subject: MANN 17OCT HOU TO NYC ==NOT TICKETED

                                                   SALES AGT: JH/YDLPA5

                                          MANN/C KAY

  ENRON
  1400 SMITH
  HOUSTON TX 77002
  ATTN: C HARVEY X30497

  DATE:  OCT 12 2000

SERVICE               DATE  FROM           TO             DEPART
ARRIVE

CONTINENTAL AIRLINES  17OCT HOUSTON TX     NEW YORK NY    937A    215P
CO 1966    A          TUE   G.BUSH INTERCO LA GUARDIA
                            TERMINAL C     TERMINAL M
                            BREAKFAST                     NON STOP
                            RESERVATION CONFIRMED         3:38 DURATION
                  AIRCRAFT: BOEING 737-300

HOTEL                 17OCT THE MARK NEW YORK
                      19OCT 25 EAST 77TH STREET
                            NEW YORK, NY 10021
                            UNITED STATES OF AMERICA
                            TELEPHONE: ++1 212 7444 300
                            FAX: ++1 212 4725 714
                            CONFIRMATION: 199329
                            SINGLE ROOM KING SIZE BED
                            RATE: COR USD 500.00 PER NIGHT
                            ONLY JR SUITE AVAILABLE

CONTINENTAL AIRLINES  19OCT NEW YORK NY    HOUSTON TX     1050A   136P
CO 1249    A          THU   LA GUARDIA     G.BUSH INTERCO
                            TERMINAL M     TERMINAL C
                            LUNCH                         NON STOP
                            RESERVATION CONFIRMED         3:46 DURATION
                  AIRCRAFT: BOEING 737-700

RESERVATION NUMBER(S)  CO/M9D4NH

CO  FREQUENT FLYER COHG770475
**CONTINENTAL RECORD LOCATOR: M9D4NH
**********************************************
THIS IS A TICKETLESS RESERVATION. PLEASE HAVE A
PICTURE ID AVAILABLE AT THE AIRPORT. THANK YOU
                  THANK YOU FOR CALLING VITOL TRAVEL

__________________________________________________
Do You Yahoo!?
Get Yahoo! Mail - Free email you can access from anywhere!
http://mail.yahoo.com/


Thanks for keeping me posted on the PRC meeting.  I will make travel plans
for the afternoon of December 13th accordingly.  --Sally

	From:  Kay Chapman                           11/20/2000 05:08 PM

To: Sally Beck/HOU/ECT@ECT
cc:
Subject: Re: Out of the Office - Tuesday and Wednesday, November 21 and 22

I spoke with Charlene, she said they would start the meeting at 7:30 am and
should be done by noon or early afternoon.  Dave is ok with that...

Thanks,

Kay

	Enron North America Corp.

	From:  Sally Beck                           11/20/2000 04:59 PM

To: David W Delainey/HOU/ECT@ECT, John J Lavorato/Corp/Enron@Enron, Louise
Kitchen/HOU/ECT@ECT, Richard Causey/Corp/Enron@ENRON
cc: Kay Chapman/HOU/ECT@ECT, Kimberly Hillis/HOU/ECT@ect, Tammie
Schoppe/HOU/ECT@ECT, Sharron Westbrook/Corp/Enron@ENRON, Jeffrey C
Gossett/HOU/ECT@ECT, Leslie Reeves/HOU/ECT@ECT, Jenny Latham/HOU/ECT@ECT,
Shona Wilson/NA/Enron@Enron, David Maxwell/HOU/ECT@ECT
Subject: Out of the Office - Tuesday and Wednesday, November 21 and 22

I will be out of the office Tuesday and Wednesday this week.  I can be
reached at home (281-370-8568) or on my cell phone (713-417-1591) if
needed.   I will be checking and responding to voice mail messages while I am
out as well.

In my absence, please contact the following persons regarding trading
operations issues:

Gas Operations  Jeff Gossett  x37306
    Leslie Reeves x37962

Power Operations Jenny Latham x33982
    Leslie Reeves x37962

DPR    Shona Wilson x39123

MPR    David Maxwell x36983


We have received the executed Confidentiality and Non-Disclosure Agreement
with the referenced Counterparty dated 10/18/00.  I will deliver a copy to
Dovie Keprta, until I receive any further direction as to who you would like
to be the central file keeper for eMarket Services documents.


The execution documents were sent over to Duke Energy yesterday.  I spoke to
them this morning and they we going to forward the documents internally for
signature.  I, or Marie upon her return from vacation, will keep you posted
on the progress of execution.


PVRC'S WORKSHOP ON
TIGHTNESS-BASED BOLTED FLANGE
GASKET CONSTANTS AND DESIGN RULES

February 6 & 7, 2002, Safety Harbor Florida

REGISTER NOW AND WATCH FOR FUTURE ANNOUNCEMENTS ON PVRC'S WEBSITE AT WWW.FORENGINEERS.ORG

Description

You must attend this workshop to help keep your job knowledge useful by understanding the new design rules for bolted flanged joints! Are you ready for the New Tightness-Based Gasket constants and flange design changes that are about to replace the traditional constants and rules?  This workshop will get you ready with focus on three critical areas that apply to both ASME Section VIII flanges and standard B16 Joints.

The New Tightness-Based Rules
Gasket Qualification and Selection
Latest On Analysis and Assembly of Bolted Joints

This Two-Day Workshop is a "must" for those needing  advance information and know-how about applying the recently developed gasket constants and flange design rules. The tightness-based rules accommodate levels of permissible joint leakage, representing a new basis for design criteria and opening additional choices and decisions for users and designers.

Attendees will gain detailed knowledge about several topics focussing on the new gasket constants and design rules and particularly on issues relating to leakage criteria and associated choices.  The tightness concept is also extended to elevated temperature gasket qualification and selection, and know-how for efficient joint assembly and making zero leakage plant operation a realistic goal is presented.  Several industry experts will lead workshop sessions including: Bob Mikitka, Jim Payne, Michel Derenne, Yves Birembaut, Ron winter, Jerry Waterland, Rod Mueller, Anita Bausman, Jim Frew Hildegarde Zeres, Warren Brown, Ed Hayman, Bill Koves, and David Reeves. Attendees will receive a bound collection of the presentations and guidelines and recommendations.

For additional information contact Welding Research  Council at 212-591-7956 or www.forengineers.org/pvrc
-- Register Now --
(SEE NEXT PAGE)

Day 1 - Wednesday, February 6, 2002

Pick up Workshop Materials at 7:30 A.M.

A.M. SESSION 1 -  8:30 am

? Opening, Introduction and Overview
? Tightness-Based Rules -- Why and How
? Derivation of New Constants & ROTT Test
? New European Calculation EN-1591
? Comparison of New and Traditional Rules including B16 Flanges and the New Rules
? Elevated Temperature Gasket Tests

P.M. SESSION 2 - 1:00 PM

? Elevated Temperature Gasket Tests (continued)
? CEN Tests Supporting EN-1591
? Gasket Selection Considerations
? Test Protocol Guidelines for Gaskets
? Graphite Gasket Qualification
? PTFE Gasket Qualification
? Gasket Specification Considerations
? The ASTM & Process Plant Gaskets

NETWORKING TIME - RECEPTION -- 5:30 - 7:00

Day 2 - Thursday, February 7, 2002

AM SESSION 3 -

? Finite Element Analysis Guidelines
? External Loads on Joints
? Thermal Loading in joints
? Spiral Wound Gasket Buckling
? Bolted Joint Assembly

P. M. SESSION 4

? Zero-Leakage Operations of HX in a Large Refinery
? Gasket Selection and Considerations for a Large Chemical Complex
? PANEL: Future Trends and Current Needs
? Closure and Adjourn

Workshop REGISTRATION FORM

New Tightness-Based Bolted Flange
Gasket Constants and Design Rules

February 6 & 7,  2002
Safety Harbor Resort & Spa
Safety Harbor, Florida, on Tampa Bay
105 N. Bayshore Drive

www.safetyharborspa.com
Hotel Reservations: Phone: 727-726-1161 Fax: 727-726-4268

Registration Fee: May be applied to first year of $1250 WRC/PVRC Membership

Check one and take the discount if appropriate:

____$415 for members/sponsors  **
____$550 After January 4, 2002

** Call 212-591-7956 if needed to determine qualification for this price.

Conference Registration  (Use a separate form for each attendee.  Please type or print clearly.)

Date _________________________________   Name ______________________________________________________

Title_________________________________ Company ____________________________________________________

Street/P.O. ______________________________________________________________________________________

State/Province ________________________________________

Zip/Postal Code___________________________________

Country ________________________________________

Phone ____________________

Fax ____________________________

e-mail: __________________________________

Return completed form with check or credit card information to:
PVRC -- 3 Park Avenue -- 27th Floor -- New York, NY 10016
Telephone (212) 591-7956 -- Fax: (212) 591-7183 -- E-Mail: pvrc@forengineers.org
Make checks payable to The Pressure Vessel Research Council of WRC

Charge to my [   ] VISA       [   ] MasterCard       [    ] AmEX

Account Number: ________________________________________

Exp. Date:  ____________________________________________

Signature: ___________________________________________________________

For Bank Transfer:
Chase Manhattan Bank
825 United Nations Plaza
New York, NY 10172
Welding Research Council, Inc.
Special Councils Account
Account No. 014-1-145979
Bank Routing Number: 021000021

HOTEL RESERVATIONS
PVRC MEETINGS & BOLTED FLANGE WORKSHOP
MONDAY -- THURSDAY, FEBRUARY 4-7, 2002
THE SAFETY HARBOR RESORT AND SPA  (ON TAMPA BAY)
105 North Bayshore Drive, Safety Harbor FL 34695

Phone: 888-237-8772; 727-726-1161  Fax: 727-724-4268

www.safetyharborspa.com

Block Reservations Starting Saturday Night, February 2, 2002
Check-in 3:00 pm -- Check-Out Noon.
Reservations must be received by the hotel no later than January 11, 2002

Please Reserve the following  room(s) at the Safety Harbor Resort & Spa on Tampa Bay

____ Room(s) at PVRC Discount Rate Single/Double  $149.00
+ $8.00 Resort Fee + Tax
____   Smoking ____   Non-Smoking

Arrival Date:_________________ Time: __________ Departure Date:______________

Name: _______________________________ No. in Party:_______

Company: ______________________________________________________________

Address: _______________________________________________________________

City: _____________________________ State: ______    Zip: ___________________

Phone : _________________    Fax: ________________ e-mail: __________________

PAYMENT for guaranteed first night (room rate plus tax) deposit by:

Credit Card Amount $ __________

VISA Mastercard American Express
Diners Discover Carte Blanche
Other ______________

Credit Card No.______________Exp. Date:_________

Cardholder Name:________________________________

Signature:_____________________________________

Check enclosed:  $ _________  No: _______

--------------------------------
You are currently subscribed to ASME's asme_pvrc list as: rick.buy@enron.com
To change your personal information, or email address please click on the link below:
https://www.asmeny.org/memberaddr/html/security.htm

To unsubscribe send a blank email to leave-asme_pvrc-970842U@list.asme.org
--------------------------------


FYI
---------------------- Forwarded by Mary Hain/HOU/ECT on 07/24/2000 08:28 AM
---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "Fuller, Don" <DFuller@caiso.com>@caiso.com>
07/21/2000 04:36 PM

Sent by: "Happ, Susan" <SHapp@caiso.com>
To: ISO Market Participants
<IMCEAEX-_O=CAISO_OU=CORPORATE_CN=DISTRIBUTION+20LISTS_CN=ISO+20MARKET+20PARTI
CIPANTS@caiso.com>
cc:
Subject: EOB Documents

-----Original Message-----
From: Sole, Jeanne
Sent: Friday, July 21, 2000 4:31 PM
To: Happ, Susan; Fuller, Don
Subject: Message to market participants

The ISO is in receipt of the attached subpoena and letter from the
Electricity Oversight Board.  The subpoena requires the ISO to respond by
5:00PM July 25, 2000.  The ISO will respond as required by law.  The letter
provides information about the confidential treatment the EOB is able to
provide for certain information.  Question  may be directed to Jeanne Sole
at (916) 608-7144, jsole@caiso.com <mailto:jsole@caiso.com> .

Jeanne M. Sol,
Regulatory Counsel
California ISO
(916) 608-7144
____________________________________________________________________________
_______________________________________

The Foregoing e-Mail Communication (Together With Any Attachments Thereto)
Is Intended For The Designated Recipient(s) Only. Its Terms May Be
Confidential And Protected By Attorney/Client Privilege or Other Applicable
Privileges.  Unauthorized Use, Dissemination, Distribution, Or Reproduction
Of This Message Is Strictly Prohibited.

 - 7-21EOB4.pdf


Yes - a small one.  So maybe you should go camping with me - and I have
fishing stuff too.  Where  are you going camping.

	From:  Kori Loibl                           11/01/2000 03:09 PM

To: Chris Germany/HOU/ECT@ECT
cc:
Subject: Re: Camping material

It will be a combination of boys and girls, no particular boy for me, unless
I get LUCKY!!!  Do you have any kind of backpack?


On Monday September 17.  I can be reached on my cell phone or at home.

ds


Outstanding issues (created by Mary Hain/HOU/ECT on 10/21/98)


FYI

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 11/06/2000
10:58 AM ---------------------------

"Kent Garrett" <kgarrett@andrew.cmu.edu> on 11/05/2000 01:06:21 PM
To: <Vince.J.Kaminski@enron.com>
cc:
Subject: Your visit to Carnegie Mellon

Vince:
 I would like to personally thank you for spending the day with us at the
MSCF program at Carnegie Mellon.  The time you spent talking to us about
Enron, and the energy industry in general, was very much appreciated.  In
fact, I believe some students who were not previously interested in energy
are now interested because of the things about which you spoke.  I have
signed up for an interview for the Associate program at Enron, and I hope to
speak to you again through involvement in the Associate program.  Thanks
again.

Sincerely,

Kent Garrett

Kent Garrett
M.S. in Computational Finance
Carnegie Mellon University
(412)362-7443


Mike, I received a voicemail from Matt Khourie tonight regarding the
presenters.  Apparently, Jeff's recollection that Matt was to contact the
presenters was inaccurate; Matt indicated that it had been agreed that you
would contact the presenters and he would be responsible for arranging the
SUN demonstration.

With Jeff out of town until Monday, I would really like to have someone
contact the presenters before the end of the week.  Is this going to be
possible?  I'll call you tomorrow to follow up.  In the meantime, below are
the links to the presenters' bios, which I believe include their phone
numbers.  Let me know if you have any trouble launching any of them.

Additionally, I spoke to Penny this morning regarding the number of RSVPs we
have to date.  I'm very concerned about space and would like you guys to
reconsider the buffet idea, with seating scattered around the facility, and
the meeting room set up "class room" style.  If we go with the plated
breakfast and have 120 people seated around 12 "10-tops," there will be no
space for a screen, podium, AV equipment, etc.  If we have more than 120
people (I think the number this morning was 104 with reservations continuing
to come in), we will not have enough space to seat everyone in the meeting
room.  In talking with some of the others who have planned breakfasts for the
YPO group, I've been told that many YPOers do not show for the breakfast and
will walk in just in time for the presentations.  I think you guys and Jeff
are scheduled to meet next Tuesday, so perhaps that can be discussed then.

I'll give you a call tomorrow, Mike.  Thanks, SRS

http://austinventures.com/team/team.php?team_id=24

http://www.kpcb.com/team/bio_detail.php?frm_id=13

http://www.greylock.com/team/aronoff.htm


Gail?????????

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


The recovery system continues to produce too much water in spite of using
product skimmers attached to the pumps. The problem is that product is
forming an emulsion with water and the emulsion is recovered by the skimmers.
Unfortunately the emulsion is more water than product. I believe this problem
can be eliminated by using a different type of pump. The current pump system,
manufactured by Marshalk, uses air to displace the product from the pump. We
have been using a bladder pump fitted with a skimmer attachment, manufactured
by Clean Environment Equipment, at Bell Lake and at Ivanhoe with very good
success (and no emulsion problems). I have ordered three replacement pumps
and skimmers (CEE GNE-24) to replace the three Marshalk pumps. I will have
Clayton shut-down the recovery system until we can install the replacement
pumps. This should take about 3-4 weeks.


I am contacting you on the recommendation of Pug Winokur, who is on our Board
of Directors.    Enron has formed an Advisory Council which consists of
academicians, public policy thinkers and media, together with Enron
executives.  I would like to invite you to address the group on E-Commerce
issues at our next meeting  (Friday, September 8th in Houston).

Attached is a list of our Advisory Council members.

I think you will find this group interesting and thought provoking.

Please contact me at your earliest convenience at 713-853-1586.


Peter,

I learned yesterday for the first time about Project Canary, which involves
the purchase of an asset that employs 400 employees and also has a unionized
workforce.  I understand that we are in the second round, and that there is a
deadline of 12/15.

Peter, we have discussed on numerous occasions the need for you to get me
involved early whenever there are transactions involving personnel issues.
You haven't involved me in this deal -- I learned about the fact that there
are employees and unions from my clients in HR.  That makes me and the legal
department look bad and also does not allow me to provide the best service
for Enron.

Please provide me with information about this deal asap.  And, I repeat my
request to get me involved earlier on future deals.

Thank you.

Michelle


Mark,
Sounds like you did heck of a job.  I know that it can be difficult to plan
for losing such a large amount of generation.  On behalf of EPE, thank you
for doing such a good job.  Hope to see you down here in March.

Steve

From:     Mark.Guzman@enron.com@enron.com on 02/16/2001 11:12 PM PST

To:  sburac1@epelectric.com
cc:  Bill.Williams.III@enron.com

Subject:  Re: dispatch for saturday

 Steve, per our discussion I purchased power for us while PV3 was coming
down.   After talking with you, I called APS to see if they could give me a
better idea of the rampdown schedule.  Per APS the ramp down was supposed
to begin at 22:00 MST and the unit was to be at zero by 0:00 MST.  When I
ran my numbers it became clear that I would likely have to purchase of HE
24.  Therefore, I puchased power for HE 24 and 1.  Unfortunately, the
lowest offer on the market was $400 (Next lowest offer was $600).  To
compound that, PV3 did not begin ramping down until approximately 22:40.  I
thought you should be made aware of the circumstances as, after the fact,
it is obvious that I only needed to purchase for HE 1 per your dispatch.
My thought process was to error on the side of system reliability in this
circumstance, and if we would have had to buy within the hour I am sure
prices would have been near $1000.  If you have any further questions or
concerns please contact me.  Thank you for your attention to this matter
and  for your help on the phone this evening.


The Commodity Fundamentals website is back in service.  Please use the link provided below to access the website:

http://fundamentals.netco.enron.com/main.asp

Thank you,

Amanda Rybarski
Gas Fundamentals
Office: (713) 853-4384
Fax: (713) 646-8453
Pager: (877) 482-0772
Cell: (713) 560-0934


January 14, 2002

ALGONQUIN GAS TRANSMISSION (AGT) is experiencing an unscheduled
horsepower outage at the Cromwell Compressor Station affecting mainline
throughput.

Therefore, effective gas day Tuesday January 15, 2002 until further
notice, AGT is scheduled to capacity through this compressor station.
Only incremental No-notice service will be accepted.  In addition, no
due shipper gas is available and no forward haul Authorized Overrun or
AIT downstream and through the Cromwell Compressor Station may be
scheduled.

If you have any questions, please contact your Operations Account
Manager.

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

NOTE:

Duke Energy Gas Transmission respects your online time and privacy.
You have received this email because you elected to subscribe. To
unsubscribe, login to the E-mail Notification Subscription page at
http://www.link.duke-energy.com/script2/Notification.asp
uncheck the appropriate checkbox, and click the Submit button.


----- Forwarded by Tana Jones/HOU/ECT on 04/09/2001 08:46 AM -----

	Aparna Rajaram/ENRON@enronXgate
	04/04/2001 01:25 PM

		 To: Kelly Lombardi/NA/Enron@Enron, Samuel Schott/HOU/ECT@ECT, Bernice
Rodriguez/HOU/ECT@ECT, Bill D Hare/HOU/ECT@ect, Steve Venturatos/HOU/ECT@ECT,
Camille Gerard/Corp/Enron@ENRON, Samuel Schott/HOU/ECT@ECT, Tanya
Rohauer/ENRON@enronXgate, Tom Moran/ENRON@enronXgate, Tana Jones/HOU/ECT@ECT,
Frank L Davis/HOU/ECT@ECT, Ken Curry/ENRON@enronXgate, Nicole
Hunter/NA/Enron@Enron, Lesli Campbell/ENRON@enronXgate
		 cc:
		 Subject: Click Paper Approvals, 04-04-01

Please see attached. Thanks.

Aparna Rajaram
Ph: (713) 345-4563
Fax: (713) 853-9476
Aparna.Rajaram@enron.com


Enron, through the coalition ARM, supported SDG&E's proposal to implement the
voluntary, large customer opt-in.  SDG&E had some fairly tough credit and
repayment requirements.  The Draft Decision, NOT FINAL, issued by Cmmr. Wood
adopts the proposal with 2 modifications, that I don't believe are
problematic for us.  Any concerns, please let Jeff or Marcie know.
---------------------- Forwarded by Mona L Petrochko/NA/Enron on 11/30/2000
11:52 AM ---------------------------

JMB <JBennett@GMSSR.com> on 11/20/2000 03:40:46 PM
To: "'ARM@Phaser.com'" <ARM@Phaser.com>
cc:

Subject: Draft Decision on SDG&E Voluntary Rate Stabilization Program for
Large Customers

Commission Wood issued a Draft Decision on the rate stabilization program
for SDG&E's large customers required by AB 265.  If you remember, SDG&E
filed its proposal to implement the program  in mid-September.  ARM filed
reply comments supporting the proposal advanced by SDG&E.  The Draft
Decision adopts SDG&E's proposal with a few minor changes.  Having reviewed
the draft decision, in my opinion, the few changes  made do not impact ARM's
interests and thus do not merit commenting.

The changes made by the Draft Decision include:

1. The Draft Decision provides for a 12 month amortization period of the
undercollected amount for agricultural customers whose demand is less than
100 kW.  (This would just be a limited exception to SDG&E's overall proposal
that customers under the program would have to pay the entire settlement
amount the month following either removal from the program or being on the
program for 12 consecutive months.

2.  The Draft Decision provides for alternate means of showing
creditworthiness to be eligible for the program.

The commission wants to vote on this Draft Decision at the December 7th
meeting.  Accordingly comments are due November 27.

If you have any questions, call me.  Unfortunately I do not have the Draft
Decision electronically, but it is short and readily faxable.

Jeanne


I just got a hold of Mike, who is aware of these deals but isn't positive on
the prices. He's going to have to check with the broker on Monday to get it
right. So as of right now these deals aren't in the system. I'm sorry about
that.

Thanks,
Kate

Evelyn Metoyer@ENRON
01/05/2001 01:45 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject:

Can you check Mike Swerzbin for the following deals through Prebon:

Enron sells Sempra 50 mw of Sept.'01  Mid-C at $360.00
Enron buys Sempra 50 mw of July '01 Mid-C at $270.00

Thanks!!


In OH I believe that the MSG service continues (transfers with the customers) so it's just any discount we gave above the MSG rate.

Jim

 -----Original Message-----
From: 	Mahoney, Peggy
Sent:	Tuesday, December 04, 2001 4:18 PM
To:	Steffes, James D.; Blachman, Jeremy; Gahn, Scott; Herndon, Rogers; Kingerski, Harry; Rexrode, Stuart
Cc:	Wood, James M.
Subject:	power customers

Below is what Jim put together to generally describe what would happen to our
customer's power prices if they went back to the utility.  Obviously the actual
economic benefit or detriment of longer term contracts will not be known for
some time :

CA:	worse off
TX:	worse off, but will likely find a similar deal
IL:	worse off
NJ:	better off in the short term, worse off in the long term
OH:	worse off (First Energy)
MA:	some better / some worse
NY:	short term better / long term probably worse
ME:	worse off, but new rates come out in March that may make utility a better choice

Gas:	probably better off

Lets discuss what we are doing state by state.  I know we can provide power in TX until 12/14
and in NY until 12/9, but I'm unclear on the status of the other states.

Thanks
Peggy


i do not manage an eol stack.

From: Mike Hernandez/ENRON@enronXgate on 01/23/2001 10:37 AM
To: Jeffrey A Shankman/HOU/ECT@ECT
cc:
Subject: RE: Migration to Windows 2000

The connection to EOL or other web applications will be as fast as it is now,
as this is solely dependent on your network hardware (cables, network card,
etc.)  The mgiration to Windows 2000 will not impact this in any way.  One
thing I need to verify though, do you use Stack Manager with EOL?  I did not
see any instances of it on your machine, but I just want to double-check, as
this program will not work under Windows 2000.

Thanks

-Mike

 -----Original Message-----
From:  Shankman, Jeffrey
Sent: Tuesday, January 23, 2001 10:26 AM
To: Hernandez, Mike
Subject: Re: Migration to Windows 2000

i'm ready to go.  however, will this new system give a slower connect to eol,
etc?

From: Mike Hernandez/ENRON@enronXgate on 01/23/2001 10:00 AM
To: Jeffrey A Shankman/HOU/ECT@ECT
cc: Jennifer Burns/HOU/ECT@ECT
Subject: Migration to Windows 2000

Jeff:

 During my assessment of your machine, I noted your current hardware
configuration:
SP750 with Dual 800Mhz PIII processors
512MB RAM
Matrox Quad video card

We currently do not have hardware in stock that matches these
specifications.  Our current practice is to prepare a machine that is like or
better than the machine the customer has currently, then swap that hardware.
The benefits here are minimal downtime and the ability to switch back to the
old machine quickly if an application does not work correctly in Windows
2000.  Because we do not have a machine of equal or greater speed in stock,
here is what I propose:

Every machine we migrate is Ghosted.  By this, I mean we run a program called
Ghost which takes a snapshot of the machine in its current state.  This image
can then be put back on the machine or accessed to retrieve files or other
data.  I propose we Ghost your existing machine, make a backup copy of that
image (after verifying it works correctly), then re-use your current hardware
with Windows 2000.  The risk here is that we cannot go back to Windows NT
(your current system) as quickly if something does not work.

If you would like to move ahead with this plan, please let me know.
Otherwise, we will order a machine with the same specifications, but it will
take some time to get here.

I look forward to hearing from you.

Regards,

-Mike Hernandez
Project GEM
(713)853-7740


Start Date: 4/23/01; HourAhead hour: 7;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042307.txt


Life Sciences 2000=A RedChip.com(TM) Virtual Conference

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

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

View complete article at:
http://www.stockselector.com/newsarticle.asp?symbol=FRTI&article=40524180

FREEREALTIME.COM INC  0.875

PORTLAND, Ore., Dec 13, 2000 /PRNewswire via COMTEX/ -- RedChip.com, Inc., the
Internet's leading source of information on the small-cap market, is hosting
Life Sciences 2000, a RedChip.com(TM) virtual conference, on Dec. 13. The
online
conference, which will be broadcast at www.redchip.com begin

Other Companies Involved:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A

To unsubscribe, please go to
http://www.stockselector.com/modifyportfolio.asp?portnumber=1

, Copyright 1998-99, StockSelector.com


That's fine.  Just let me know when you want to go.  But give me a few
minutes, we're working on something.  It shouldn't take but about 10 minutes.


This weekend, the Enron Global Information Technologies department will be
distributing a new version of the Oracle 8i client.  Due to the mobile
environment of our user base, not all machines will receive the automatic
update.  If you are a user of an Oracle based application and your machine is
not available to the network this weekend, you can manually upgrade your
machine via the following steps:

 1) Click on Start - Programs - Utilities
 2) Then  click on "Install Oracle 8i Client".

If you are a user of Microsoft Excel spreadsheets or Microsoft Access
databases that retrieve information from our Oracle databases, you can
manually convert your Oracle ODBC connections to the proper drivers via the
following steps:

 1) Click on Start - Programs - Utilities
 2) Then  click on "Update ODBC Data Source Names to Oracle 8i".

If you do not see these icons, there is another icon under Start - Programs -
Utilities called "Update Start Menu" that will re-populate your Start Menu.

Thank you for your co-operation -
Scott Williamson
Director, Database Infrastructure
Enron Global Technology


Start Date: 12/22/01; HourAhead hour: 16;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2001122216.txt


The attached can act as a starting point for discussions around Enron's purchase of Pioneer's Powder River Basin Methane supplies.

Once you have reviewed it please give me a call at 303-575-6473 and we can discuss it.


Sharon Brown
ETS Gas Control
713-853-5660


Jim,

Thanks. I shall call him.

Vince

James D Steffes@EES
09/20/2000 09:39 AM
To: Vince J Kaminski/HOU/ECT@ECT, Jeff Dasovich/SFO/EES@EES
cc:
Subject: Presentation to faculty and students at Berkeley

Vince --

Please feel free to also call Jeff Dasovich (415-782-7822) in our San
Fransisco office.  He has been very involved in the California market
discussions and presented before FERC during their field hearings.  He knows
the profs you are meeting with and has some great insights into our positions.

Jeff also attended Berkeley as an undergrad and is now attending their
B-school in the evenings.

Thanks.

Jim Steffes

---------------------- Forwarded by James D Steffes/HOU/EES on 09/20/2000
09:33 AM ---------------------------
From: Steven J Kean@ENRON on 09/20/2000 09:21 AM
Sent by: Steven J Kean@ENRON
To: Maureen McVicker/NA/Enron@Enron, James D Steffes/HOU/EES@EES, Elizabeth
Linnell/NA/Enron@Enron
cc: Vince J Kaminski/HOU/ECT@ECT
Subject: Presentation to faculty and students at Berkeley

Maureen -- please send Vince my California testimony and the talking point
presentation for Jeff Skilling at the National Press Club.
Eliz-- keep Vince on the distribution list for the documents we are
generating now to repond to the California situation.
----- Forwarded by Steven J Kean/NA/Enron on 09/20/2000 09:18 AM -----

	Vince J Kaminski@ECT
	09/18/2000 01:26 PM

		 To: Steven J Kean/NA/Enron@Enron
		 cc: Charlene Jackson/Corp/Enron@ENRON, Celeste Roberts/HOU/ECT@ECT, Vince J
Kaminski/HOU/ECT@ECT, Ashley Baxter/Corp/Enron@Enron
		 Subject: Presentation to faculty and students at Berkeley

Steve,

I am a lead recruiter at the University of California at Berkeley for
Enron Analyst/Associate program.

I contacted several friends who work at Berkeley and received an invitation
from one of them to make a presentation at the weekly Faculty Seminar
of the Dept. of Industrial Engineering and Operations Research.

The students and faculty members from the business school will be also
invited.

Berkeley in general, and Department of Industrial Engineering and Operations
Research in
particular, are important centers of academic research on electricity markets
(S. Oren works very closely with Severin Borenstein).

My presentation will focus on the Analyst/Associate program. I shall  also
have
an opportunity to discuss the power markets in California (I expect many
questions) before many experts who are very  important to shaping
public opinion and regulatory agenda.

Please, let me know who in you group could help me in preparing this
presentation
and in presenting  Enron's point of view in a more effective way.

Vince

FYI. The name of my friend who invited me:

Shmuel S. Oren, Professor
Dept. of Industrial Engineering
and Operations Research
4117 Etcheverry Hall
University of California
Berkeley, CA 94720-1777


Set up w/Sylvia Mireles 713/522-1138 x-215 6/07/00 (Jess)


I w3ill take them over to your Mom's or leave them with Debbie.  If they are
not at your Mom's, they are at my house.


Hi Charlotte,

I'm glad you wrote, as I was going to write you.

Michael has strep (as do I), so he and I are home today.  He is on two
antibiotics which he takes twice a day.  I'm trying to figure out how to get
these to you, since these have to be refrigerated.  Obviously, if Michael
isn't doing great I won't go.  Currently, he feels fine, and only feels bad
when he has fever. He woke up with fever again this am, but the fever should
go away after 24 hours on the antibiotics.  Just let me know if you aren't
comfortable with  the situation.  I can always leave on Saturday, or not at
all.

Michael's doctor is Rey Calderon 713 520 9550.  His wife (and assistant) is
Delores, and they are wonderful about returning calls, etc.

We will be staying at the Hyatt Hill Country Resort, 210 647 1234. Saturday
night I will be staying in Round Rock (going to Paige's homecoming in
Georgetown), but Neil will still be at the Hyatt.

Michael says hi, by the way.  He is watching me type this.

Kay

"Brashear, Charlotte" <cbrashear@velaw.com> on 10/26/2000 07:15:59 AM
To: "Mann Kay (E-mail)" <kmann@enron.com>
cc:

Subject: Weekend

   Don't forget to let me know where you will be staying in San
Antonio.  Also, what is Michael's doctor's last name.  I know it's Reynaldo
something.

   Thanks.  Have a great time and don't worry about Michael.


Introducing your first SAP Paycheck!

This is the first payroll processed in SAP for all employees paid out of
Corporate Payroll. You may notice some changes in the way information is
reflected on your pay advice, the most common are itemized below.

What,s Different?
? Your +home, cost center will be displayed at the top of the pay advice.
This is your department number as designated in the HR and financial modules
of SAP.

? Any earnings descriptions that start with a +P, represent earning types
reported in the prior period. For instance, if you reported vacation time for
the July 1st-15th pay period, it will be reflected on your July 31st pay
advice as +PVacation,.

? Flex dollars will appear on the earnings section of the pay advice instead
of as a credit in the deduction section. The various benefit deductions will
remain itemized in the deduction section.

? If you transfer between Enron companies during the year, your year)to-date
totals will carry forward to the new company pay advice. Previously, the
year-to-date totals started over when transferred to another company. This
change will provide your total Enron earnings and deduction amounts on your
pay advice throughout the year.  (Note that your W2 at the end of the year
will reflect your earnings by company).

? For salaried employees, any reported exception time (e.g. vacation, sick
day, etc.) will be reflected on the earnings section with hours only, the
related dollar amount will be included in the +Salary, earnings type.

? For any other information or further explanations regarding your payroll
contact the Payroll Call Center at 713-345-5555

Payroll FAQ,s

My paycheck has a line called &other deductions8, what does that stand for?
There is a fixed amount of lines to print deductions on the paycheck.  For
some employees, the number of deductions are more than we have room to
print.  In this circumstance, the system totals all remaining deductions and
prints them on one line ) titled &other deductions8.  The detail of all
deductions can be viewed on the pay advice that is displayed on the intranet
at eHRonline.enron.com.

What do the earnings or deduction codes on my paycheck mean?
These definitions are listed on the Payroll webpage located at
hrweb.enron.com, select Enron Payroll  from the side index.

Why is my overtime not reflected on my paycheck?
Overtime is paid one pay period in arrears, therefore it will be reflected in
the next pay period. For example, if you reported overtime for the
July 1st )15th pay period, it will be reflected on your July 31st pay advice
as +POvertime,.

What is the limit for Social Security (FICA)?
For year 2000 the limit is $4,724.40 on a wage base of $76,200. This limit is
applied to each Enron payroll tax company. Therefore, if you transfer to
another Enron company these limits will start over, however, the total amount
withheld across all companies will be reflected on your paystub. Excess FICA
will be credited to you by the IRS via your tax return.

What federal income tax rate is used for my bonus or when I exercise stock
options?
There is a standard federal income tax rate of 28% for these earnings. This
can be higher if the employee has completed a Supplemental Tax form
requesting a higher rate (this form can be found at hrweb.enron.com , select
Enron Payroll  from the side index).