======================================================
VENTUREWIRE --- Tuesday, October 10, 2000
======================================================
Private Company Business News
------ Published Daily by Technologic Partners -------
http://technologicpartners.com
======================================================

Top Stories:

o DaimlerChrysler Launches $500-Million Internet Unit
o Optical Network Provider Yipes Gets $139 Million Third Round
o Dow, Andersen, Campsix Launch Product Development Venture
o First Data and iFormation Launch eONE with $600 Million
o Rapid Logic Sold for $59 Million to Wind River Systems
o Ex-DaimlerChrysler Exec to Lead Kodak's Venture Program

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Also in This Issue:

New Money:
o Video Technology Firm DivXNetworks Raises Series A Funding
o Collaboration Firm Expeditrix Gets $7 Million First Round
o Genetic Security Firm Launches with $13.5 Million Round One
o Net Insurance Tech Firm e-Nable Gets $4 Million Series A
o Net Leasing Firm AccessLease Has $6.5 Million First Round
o Net Marketing Firm Inforbit Raises $7 Million First Round
o Online Printer Vistaprint Raises $9.7 Million Series A
o Telco Services Firm Zenfinity Raises $9 Million Series A
o Consultants AV Labs Engineering Lands $600,000 Seed Funding
o Enterprise Software Firm Q-Link Raises $500,000 Round One
o B2B Centrum Raises First Funding and Launches Marketplace
o English IT Group Raises $36.6 Million For Expansion
o Software Firm Infolio Raises $11.5 Million Series B Funding
o Wireless Tech Firm ClickServices Raises $12 Million Series B
o iPhotonics Gets $23.9 Million Round Three, $5 Million Loan
o German Venture Capitalist Takes 30% Stake in FlameSystems
o MediaMap Closes Additional $10 Million from Warburg, Pincus
o SOC Design Firm Verplex Raises $7.5 Million Mezzanine Funds
o IT Software Firm PentaSafe Has $27 Million Mezzanine Round
o Network Management Software Firm Prisa Gets $11.8 Million
o AirShow Invests in Airborne Communications Provider AirCell
o E-commerce Services Firm myCustoms.com Secures $1 Million
o IT Consultant Ajilon Invests $1 Million in Incube8.com

New Products:
o Ignition Co-founder Starts Wireless Gaming Firm UIEvolution
o Four-way Merger Creates Electronics Marketing Channel eChips
o Embedded Systems Technology Firm Sensoria Launches
o Online News Analysis Provider, Business Europe, Launches
o Retail ASP GalaxyPop Changes Name To Owner Care
o Financial Management Software Firm MoneyStar Now Cofiniti
o Telephony ASP Vail Systems Launches Spin-out Verascape

M&A:
o WebPartner Acquires Web Monitoring Service @Manage

New Directors:
o Ex-SEC Chief Named to Board of Printing B2B PrintCafe
o IT Outsourcer Intira Adds to Board After $140 Million Round

New People:
o Customer Management Tools Firm Vertical Alliance Names CEO
o Petroleum E-Commerce Firm NetworkOil Names New CEO

VC Fund News:
o Main Street Equity Has First Closing on New $30 Million Fund

VC Personnel:
o Investment Firm Noro-Moseley Adds Two New Partners
o Former Dell Executive Joins Viridian As General Partner
o Former Budget Group President and CEO Joins eVolution
o Reliant and ibooks CEOs Join TL Ventures EIR Program

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

o DaimlerChrysler Launches $500-Million Internet Unit

AUBURN HILLS, Mich. -- Automobile maker Daimler
Chrysler said it consolidated its Internet business
investments and holdings into a new subsidiary,
called DCX Net Holding. The company launched the
new subsidiary with $500 million. DCX Net will invest
in Internet businesses, form strategic alliances,
and enter into joint ventures. The new company will
also manage DaimlerChrysler's investment in Venturepark,
a European Internet business incubator that is also
funded by Bertelsmann and Goldman Sachs. The new
subsidiary will be led by Olaf Koch, vice president
of corporate e-business, and John Stellman, vice
president of mergers and acquisitions.
http://www.dcx.net/
_____________________________________________

o Optical Network Provider Yipes Gets $139 Million Third Round

SAN FRANCISCO -- Yipes, a provider of managed optical
IP networks, said it raised $139 million in its
third round, bringing the company's total equity
funding to more than $230 million. The round was
led by Charter Growth Capital and included new investors
Castle Creek Partners, Cross Pacific Technology
Partners, DRW Venture Partners, Focus Capital, Glynn
Ventures, JK&B Capital, the Kaufman Fund, Montech
SAS, Radiant Capital, SAVVIS Communications, Storm
Ventures, Telecom and Technology Ventures Capital,
and Westway Capital. Previous investors Norwest
Venture Partners, New Enterprise Associates, the
Sprout Group, Banc Boston Capital, Chase Capital
Partners, and Soros Private Equity Partners also
participated. The company will use the funds to
develop and deploy its gigabit network.
http://www.yipes.com/
_____________________________________________

o Dow, Andersen, Campsix Launch Product Development Venture

SAN FRANCISCO -- Dow Chemical, Andersen Consulting,
and Internet incubator campsix announced they have
launched a new company that will provide an integrated,
Web-based system of tools and business services
to assist users in collaborating on developing new
products. The new company, called iVenturi, has
raised $3 million in seed money from its parent
companies. iVenturi will also provide access to
research and networking services, including customized
market research, analysis, and technical information.
iVenturi is the first startup spun out of Dow as
a result of the chemical giant's efforts to capitalize
on intellectual property developed within the company.
iVenturi will begin beta testing in the fourth quarter
and is slated to be commercially available in the
first quarter of 2001.
http://www.iventuri.com/
_____________________________________________

o First Data and iFormation Launch eONE with $600 Million

ATLANTA -- Publicly traded payment services firm
First Data and business developer iFormation Group
said it launched eONE Global, which develops new
payment technologies and services, with initial
an investment totaling approximately $600 million.
First Data is investing $135 million in cash and
operating businesses, venture interests, and management
valued at approximately $360 million. First Data
will hold a 75% equity stake in the new company.
iFormation Group, which was formed by The Boston
Consulting Group, General Atlantic Partners, and
the Goldman Sachs Group, is investing $135 million
in cash and will hold 25% equity in the company.
Ric Duques, chairman and CEO of First Data, will
be chairman of eONE Global. Former chairman and
CEO of Safelite Glass Garen K. Staglin, who is also
a First Data director, will serve as president and
CEO. eONE Global board members include First Data
executive vice president David Bailis, iFormation
president David K. Pecaut, iFormation chairman and
partner at General Atlantic Partners Clifton S.
Robbins, and First Data board member and former
Visa president and CEO Charles Russell.
http://www.eoneglobal.com/
_____________________________________________

o Rapid Logic Sold for $59 Million to Wind River Systems

ALAMEDA, Calif. -- Publicly traded Wind River Systems,
which provides software and services for smart devices,
said it is acquiring Rapid Logic, a provider of
advanced device management technologies for networking
equipment and other intelligent devices, in a deal
worth about $59 million. Wind River, whose stock
closed Monday at $41.31, will acquire Rapid Logic
for a total of 1.43 million shares. Rapid Logic
had received funding from Integrated Systems, Intel,
Needham Capital, and Sterling Payot.
http://www.windriver.com/
http://www.rapidlogic.com/
_____________________________________________

o Ex-DaimlerChrysler Exec to Lead Kodak's Venture Program

ROCHESTER, N.Y. -- Eastman Kodak said it named Ted
G. Lewis to lead its venture capital program as
senior vice president of digital business development.
He will help convert Kodak research into new business
as well as manage approximately $100 million in
venture funds. Jim Stoffel, Kodak chief technical
officer and director of research and development,
will also assist in developing business opportunities.
Mr. Lewis was most recently president of DaimlerChrysler
Research & Technology, where he set up the automaker's
Silicon Valley venture capital fund. In his new
position with Kodak, which is effective immediately,
Mr. Lewis will remain based in California.
http://www.kodak.com/

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

o Video Technology Firm DivXNetworks Raises Series A Funding

SAN DIEGO -- DivXNetworks, a developer of video
compression technologies, said it received an undisclosed
amount of Series A funding led by Zone Ventures.
Draper Atlantic, Draper International, and Tim Draper
of Draper Fisher Jurvetson also participated in
the round. An Asian group of investors, led by W.I.
Harper, with participation from the Beijing Technology
Fund and others, also contributed. The financing
will be used for hiring and other purposes. The
company said it is now seeking between $7 million
and $10 million in second-round funds from strategic
investors and expects to close the round in December.
http://www.projectmayo.com/
_____________________________________________

o Collaboration Firm Expeditrix Gets $7 Million First Round

AUSTIN, Texas. -- Expeditrix, which provides online
collaboration services to the residential real estate
industry, said it secured $7 million in its first
round of funding led by TL Ventures. The round also
included Milestone International Investments. The
company's initial individual investments were also
converted into this round of equity. The company
said it will use the funding to accelerate its growth.
The company said Bob Fabbio, managing director of
TL Ventures and Gavin Gray, an executive of Milestone,
will join the company's board of directors.
http://www.expeditrix.com/
_____________________________________________

o Genetic Security Firm Launches with $13.5 Million Round One

CHICAGO -- First Genetic Trust, which will act as
an intermediary between patients, researchers, and
health care providers in handling genetic information
for research while protecting individuals' control
and privacy over their genetic information, said
it launched. The company closed on a first round
of funding this summer for $13.5 million, co-led
by ARCH Venture Partners and Venrock Associates.
Venrock Associates partner Scott Minick and ARCH
Venture Partners' Bryan E. Roberts have joined the
company's board of directors. First Genetic Trust
aims to enable pharmaceutical companies, patients,
and healthcare providers to access and use genetic
data while maintaining individual privacy.
http://www.firstgenetic.net/
_____________________________________________

o Net Insurance Tech Firm e-Nable Gets $4 Million Series A

WESTWOOD, Mass. -- e-Nable.com, a provider of Internet-based
business technology for life insurance underwriting,
announced it raised $4 million in its Series A round
of funding led by Tobat Capital. The company said
it will use the funds to develop its product, launch
services for several significant life insurers,
and expand sales and marketing. e-Nable.com is also
backed by MIB Group, an information service company.
http://www.e-nable.com/
_____________________________________________

o Net Leasing Firm AccessLease Has $6.5 Million First Round

SAN FRANCISCO -- AccessLease, a provider of an online
leasing infrastructure for equipment and software
providers, business to business marketplaces and
financial institutions, said it completd its first
round of funding for $6.5 million led by Athena
Technology Ventures. Sterling Payot Capital, Artemis
Ventures, Leslie Murdock of Murdock and Associates,
and an investment partnership affiliated with the
law firm Wilson, Sonsini, Goodrich and Rosatti also
participated in the round. The funds will be used
for general working capital, technology and business
development, and marketing.
http://www.accesslease.com/
_____________________________________________

o Net Marketing Firm Inforbit Raises $7 Million First Round

TORONTO -- Inforbit, a developer of technology that
enables users to exchange and capture information
from Web sites to existing personal organizers,
completed its first round of venture capital financing
for more than $7 million. Sofinov, a subsidiary
of the Caisse de depot et placement du Quebec, and
Brightspark Ventures, the venture arm of Canada's
leading incubator, led the round. Other investors
in this round included Bryker Technology Partners.
The company said it will use funds for product development
and marketing.
http://www.inforbit.com/
_____________________________________________

o Online Printer Vistaprint Raises $9.7 Million Series A

WALTHAM, Mass. -- Vistaprint, which provides printing
services online, said it raised $9.7 million in
its Series A financing led by SPEF. The company
is also backed by Sofinova, Windspeed, and Windows
on Wall Street. The company said it will use the
funding for further development of its technology
and expansion within Europe. Steve Karlson, of Windspeed,
and Louis Page of Windows on Wall Street, will both
take seats on the company's board of directors as
a result of the funding.
http://www.vistaprint.com/
_____________________________________________

o Telco Services Firm Zenfinity Raises $9 Million Series A

ISELIN , N.J. -- Zenfinity, a provider of infrastructure
services for telecommunications service providers,
said it received $9 million in its Series A round
of funding. The investment came from Comstellar
Technologies. Zenfinity will use the funds for growth,
to add to its staff, and to expand its service offerings.
The company focuses its services on telecommunication
providers offering integrated voice, video, and
data services. Paras Shah and Sandesh Shetty, founders
of Zen & Art Client Server Computing, provided seed
funding for Zenfinity. Comstellar, an investor in
telecommunications startups, has raised more than
$140 million in investment capital, led by Accel
Partners and New Enterprise Associates. Paul Shaneck
of Comestellar joins Zenfinity's board, bringing
the total number of directors to five.
http://www.comstellar.com/
http://www.zenfinityinc.com/
_____________________________________________

o Consultants AV Labs Engineering Lands $600,000 Seed Funding

AUSTIN, Texas -- AV Labs, an early stage venture
fund focused on seed and first round investments,
said it invested $600,000 in seed round funding
in AV Labs Engineering, a new venture engineering
firm that is  a stand-alone company. The new company
will provide product designers, software architects,
software developers, and engineering management
exclusively to AV Labs portfolio companies. Rick
Ross, who helped launch the AV Labs portfolio company
Newgistics, will be the company's chief technology
officer and Tommy Deaventort will be chief executive
officer.
http://www.avlabsengineering.com/
_____________________________________________

o Enterprise Software Firm Q-Link Raises $500,000 Round One

TAMPA, Fla. -- Q-Link Technologies, a provider of
enterprise business integration software, said it
secured $500,000 in its first round of funding from
Eyes ot Texas Partners, an Austin-based investment
group. The company will use the funds to market
its business process management application, Process
View.
http://www.qlinktech.com/
_____________________________________________

o B2B Centrum Raises First Funding and Launches Marketplace

PRAGUE -- B2B Centrum, a Czech holding company,
said it received its first investment and launched
Intelligo.cz, a business-to-business online marketplace
for office products. The office products vendor
will work with local manufacturers and multinational
distributors to serve the Czech office supply industry.
Investors in the round included Esther Dyson, chairman
of EDventure Holdings, and Roman Stanek, director
of engineering for software platforms at Sun Microsystems
and founder and CEO of NetBeans. The details of
the funding were undisclosed.
http://www.b2bcentrum.com/
_____________________________________________

o English IT Group Raises $36.6 Million For Expansion

LONDON -- Star Technology Group, which includes
an English Internet service provider and messaging
security firm, said it raised GBP 25 million ($36.6
million) in its latest round of funding. Investors
in the round included Madison Dearborn Partners
and Catalyst Investors. The investment gives the
company a valuation of $171.5 million. The firm
said it will use the investment to expand its operations
in England and internationally. Star Technology
Group is composed of Star Internet, which connects
intranets to the Internet and has over 1,500 business
customers, and MessageLabs, which provides e-mail
security, virus scanning, and other filtering services.
Previous investors in Star Technology Group include
individuals Lords Rothschild and Weinstock.
http://www.star.net.uk/
_____________________________________________

o Software Firm Infolio Raises $11.5 Million Series B Funding

SAN JOSE, Calif. -- Infolio, which develops wireless
infrastructure software, said it raised $11.5 million
in its Series B round of funding led by Blueprint
Ventures.  Previous investor Vadem and individual
investors also participated in the round. Vadem
is backed by Fujigin Capital, Institutional Venture
Partners, Mayfield Fund, Microsoft, NEC, and Walden
International Investment Group. Blueprint Ventures
general partner Bart Schachter will sit on infolio's
board of directors. The company will use the funding
to expand its technology platform, increase company
growth, and for sales and marketing. Infolio technologies
enable user businesses to extend the reach of their
enterprise infrastructures.
http://www.infolio.com/
_____________________________________________

o Wireless Tech Firm ClickServices Raises $12 Million Series B

NEWARK, Calif. -- ClickServices, a provider of wireless
Internet and intranet infrastructure, said it completed
its Series B round with $12 million, led by new
investor Cisco Systems. Jefferies & Company, also
a new investor, participated with Angel Investors
and German American Capital. The funds will be used
for marketing, research and development, and strategic
partnerships.
http://www.clickservices.com/
_____________________________________________

o iPhotonics Gets $23.9 Million Round Three, $5 Million Loan

GLEN BURNIE, Md. -- iPhotonics, a provider of integration
services to OEM manufacturers of optical communications
equipment, said it closed its third round of funding
with a total of $23.9 million, led by Bowman Capital,
and including investments from Abell Ventures, Cisco
Systems, Weiss, Peck & Greer Venture Partners, eMedia
Club and Avansis Partners. The company also closed
on a loan facility with VentureBank@PNC totaling
$5 million. The funding will finance ongoing growth
in business infrastructure, and be used for working
capital.
http://www.iphotonics.com/
_____________________________________________

o German Venture Capitalist Takes 30% Stake in FlameSystems

BERLIN -- bmp, a German venture capital firm, said
it acquired a 30% stake in Hamburg-based software
developer and applications provider, FlameSystems.
The company develops e-mail marketing technologies.
The company said the funding will be used to fund
research and development and to bolster its sales
and marketing infrastructure for the launch of its
product in Germany. The company will be the 81st
firm in bmp's portfolio.
http://www.flamesystems.de/
_____________________________________________

o MediaMap Closes Additional $10 Million from Warburg, Pincus

CAMBRIDGE, Mass. -- MediaMap, a provider of research
and software services for public relations agencies
and departments, said it raised an additional $10
million in financing from Warburg, Pincus Equity
Partners, an investment fund managed by E.M. Warburg,
Pincus & Co. The investment is an addition to the
$11.5 million in funding received from Warburg,
Pincus in January. The funds will finance further
expansion of MediaMap's research and Web services.
http://www.mediamap.com/
_____________________________________________

o SOC Design Firm Verplex Raises $7.5 Million Mezzanine Funds

MILPITAS, Calif. -- Verplex Systems, an electronic
design automation (EDA) company that provides verification
products for complex system-on-chip (SOC) design,
said it raised $7.5 million in its mezzanine financing.
Investors included Silicon Valley-based firms VCEDA
Partners and Tallwood Management, Japan-based Marubeni
Solutions, and Taiwan-based firms Capital Plus Investment
and Champion Venture. Funding will be used as working
capital to expand marketing, research, development,
customer support, and product development. The company,
founded in 1997, has raised some $11.45 million
to date.
http://www.verplex.com/
_____________________________________________

o IT Software Firm PentaSafe Has $27 Million Mezzanine Round

HOUSTON -- PentaSafe Security Technologies, which
provides software for enterprise IT auditing and
security management, said it raised $27 million
in its mezzanine round of funding. New investor
Lehman Brothers Venture Capital Group led the round,
which included new investors Dell Ventures, Enron
Net Works, EnTrust Capital Frontier Fund, Pyramid
Technology Ventures, and Quest Software. Previous
investors H&Q's Access Technology Partners and Austin
Ventures also funded the round. The company will
use the funding for product development and to pay
debt accrued from two recent acquisitions. PentaSafe
acquired BrainTree Security Software this summer.
The company has also been backed by individual investors.
http://www.pentasafe.com/
_____________________________________________

o Network Management Software Firm Prisa Gets $11.8 Million

SAN DIEGO -- Prisa Networks, a provider of network
management software for storage area networks, said
it has received $11.8 million from Compaq, GE Equity,
Intel Capital, P-Networks Investors, and individual
investors. The company said it will use the funds
to develop its product, expand marketing, sales
and support activities.
http://www.prisa.com/
_____________________________________________

o AirShow Invests in Airborne Communications Provider AirCell

TUSTIN, Calif. -- Airshow, a provider of in-flight
information and entertainment systems, annouced
it has made an undisclosed equity investment in
AirCell, which provides air-ground communications
equipment and services for general aviation and
regional airline markets. The companies have also
agreed to develop connectivity and content products
for the general aviation and commercial airline
markets. Aircell is backed by Blumenstein/Thorne
Information Partners.
http://www.aircell.com/
_____________________________________________

o E-commerce Services Firm myCustoms.com Secures $1 Million

MENLO PARK, Calif. -- myCustoms, a provider of e-commerce
services, said it has received $1 million from Chase
Episode 1, a U.K.-based venture capital fund. The
company said it will use the funding for product
development and marketing. MyCustoms is backed by
New Enterprise Associates, Alloy Ventures, and
individual investors.
http://www.mycustoms.com/
_____________________________________________

o IT Consultant Ajilon Invests $1 Million in Incube8.com

BALTIMORE -- Incube8.com, an integrated business
accelerator focused on strategic investment and
business development in the emerging technology
sector, said it received a $1 million cash investment
from information technology consulting firm Ajilon
as part of a strategic alliance.  Ajilon's executive
search division will assist Incube8 with its executive-level
recruiting needs for the company and its growing
network of portfolio companies as part of the deal.
http://www.incube8.com/

======= New Products =======

o Ignition Co-founder Starts Wireless Gaming Firm UIEvolution

BELLEVUE, Wash. -- UIEvolution, a wireless gaming
company founded by former Microsoft software architect
Satoshi Nakajima, announced its launch. UIEvolution
is initially developing platform architecture and
games for mobile phones. The company said it has
received $2 million from Ignition, a wireless Internet
holding company that Mr. Nakajima co-founded with
other senior Microsoft and McCaw Cellular officials.
http://www.uievolution.com/
_____________________________________________

o Four-way Merger Creates Electronics Marketing Channel eChips

SAN JOSE, Calif. -- QuestLink Technology, ChipCenter,
publicly traded Arrow Electronics' Advantage business
unit, and Avnet's production supplies and test equipment
division have merged to create eChips, a sales and
marketing channel for global electronics engineering
and purchasing communities. The companies did not
disclose terms of the merger. John "Sean" J. Powers
III, former QuestLink board member and vice president
of Internet development at Arrow Electronics, will
be the company's chairman and chief executive officer.
Arrow, Avnet, CMP Media, and i2 Technologies have
all invested in eChips. QuestLink, an online information
and commerce resource for the electronics industry,
is funded by Arrow and Avnet, and venture firms
Needham Capital Partners, SV Capital Management,
and Trellis Management. ChipCenter, an online service
for electronic-component information and sourcing,
is funded by Arrow Electronics, Avnet, i2 Technologies,
CMP Media, and Pioneer-Standard Electronics.
http://www.echips.com/
_____________________________________________

o Embedded Systems Technology Firm Sensoria Launches

SAN DIEGO -- Sensoria, a provider of network embedded
systems technology, announced its launch. Sensoria
will first target the automobile industry by providing
an in-vehicle network services that allow consumer
devices, car electronics, and information appliances
to interact with each other via wireless networks.
The company will also provide wireless and wire-line
connectivity to embedded systems in homes and industrial
process control companies. Sensoria is backed by
HummerWinblad, which was the lead investor in its
$8.3 first-round of financing in April.
http://www.sensoria.com/
_____________________________________________

o Online News Analysis Provider, Business Europe, Launches

LONDON -- Business Europe, which provides original
news analysis, expert advice, and an online forum
and marketplace, announced it has launched. The
European service, which has been testing in the
UK since August, will roll out to France and Germany
in the coming months. Damian Gilbert, who was managing
partner with New York-based Advanta Partners, founded
the company. Business Europe, which will target
what it calls business decision-makers, is backed
by Ellerman Investments.
http://www.businesseurope.com/
_____________________________________________

o Retail ASP GalaxyPop Changes Name To Owner Care

SAN FRANCISCO -- GalaxyPop, which provides retailers,
manufacturers, and other businesses with access
to information purchase patterns and post-purchase
patterns, said that it has changed its name to OwnerCare.
The company said the new name is more easily recognized
and better represents the company's market position
as an ASP. OwnerCare's services translate information
on a customer's products into digital records that
can be accessed from one source. The company is
funded by undisclosed individual investors from
Sapient, Inktomi, and Bigstep.com.
http://www.ownercare.com/
_____________________________________________

o Financial Management Software Firm MoneyStar Now Cofiniti

AUSTIN, Texas -- Austin-based MoneyStar, a developer
of financial management software for the retail
financial services industry, said it is changing
its name to Cofiniti. The company said it would
introduce a new logo and Web site under the Cofiniti
name and that it expects the transition to be completed
within 30 days. Investors for Cofiniti include Century
Capital Management, Prime New Ventures, Texas Growth
Fund, AM Fund, Austin Ventures, Applied Technologies,
GE Financial, Phillips-Smith Specialty Retail Group,
and Solstice Capital.
http://www.moneystar.com/
_____________________________________________

o Telephony ASP Vail Systems Launches Spin-out Verascape

DEERFIELD, Ill. -- Vail Systems, an advanced telephony
application service, announced the spin-out of Verascape,
a developer and distributor of voice systems for
companies extending Web access to wireless and wireline
phones. Verascape is funded by Vail Systems and
will soon announce its first round of funding.
http://www.verascape.com/

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

o WebPartner Acquires Web Monitoring Service @Manage

CUPERTINO, Calif. -- WebPartner, a provider of Web
site performance monitoring services, said it acquired
@Manage, a provider of Web-based enterprise management
services for an undisclosed amount. Paras Gupta,
founder and chief executive officer of @Manage,
will remain as vice president of product marketing.
WebPartner is backed by individual investors Robert
and Bruce Toll, Peter Norton, and Brookwood Web
Partner Investors, Alpine Technology Ventures, Toyo
Information Systems, EC Factory, and Japan-Portal.com
http://www.webpartner.com/
http://www.atmanage.com/

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

o Ex-SEC Chief Named to Board of Printing B2B PrintCafe

PITTSBURGH -- PrintCafe, provider of Internet-based,
business-to-business  products and services for
the printing and publishing industry, said it has
added J. Carter Beese Jr. to its board of directors.
Mr. Beese is president of Riggs Capital Partners
and vice chairman of Riggs & Co., a division of
Washington-based banking holding company Riggs National.
Mr. Beese is also a senior adviser to the Center
for Strategic and International Studies, a Washington-based
public policy research institution. In 1992, Mr.
Beese became the 71st Commissioner of the U.S. Securities
and Exchange Commission, nominated by President
George Bush. PrintCafe is backed by Mellon Ventures,
Menlo Ventures, Olympic Venture Partners, Key Principal
Partners, BancBoston Capital, and CreoScitex.
http://www.printcafe.com/
_____________________________________________

o IT Outsourcer Intira Adds to Board After $140 Million Round

PLEASANTON, Calif. -- Intira, which provides IT
and network infrastructure for online business applications
on an outsourced basis, said it will add members
to its board of directors following its $140 million
second round. New members on the company's board
include Ian Loring of Bain Capital, John McEvoy
of Lehman Brothers, Tom McConnell of New Enterprise
Associates, Robert Nicholson of Spectrum Equity
Partners, and Shahan Soghikian of Chase Capital
Partners, which already has one representative on
the board. The company also said that investor Och-Ziff
Management, which did not participate in its second
round, will add Steven Freidheim to the company's
board. Intira has also been backed by Apollo Group,
Cargil Associates, Goldman Sachs, Lowes, Mayfield
Fund, and Putnam Investments.
http://www.intira.com/

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

o Customer Management Tools Firm Vertical Alliance Names CEO

PLYMOUTH MEETING, Pa. -- Vertical Alliance, which
provides integrated customer acquisition, retention,
and optimization tools for companies building an
online business, said it appointed Jeffrey J. DiFrancesco
chief executive officer and president of the firm.
Mr. DiFrancesco was most recently the chief financial
and operating officer of Savera Systems. Backers
for Vertical Alliance include RAF NetVentures and
CMS Companies.
http://www.verticalalliance.com /
_____________________________________________

o Petroleum E-Commerce Firm NetworkOil Names New CEO

HOUSTON -- NetworkOil, an electronic commerce company
for petroleum equipment and services, said it has
appointed Stuart Page, a former executive of SCF
Partners, as its chief executive officer. At SCF
Partners, Mr. Page worked on numerous assignments,
including research and development projects at oilfield
service companies. NetworkOil is backed by Goff
Moore Strategic Partners, Goldman Sachs, Morgan
Stanley Dean Witter Private Equity, Natural Gas
Partners, and Warburg Pincus Ventures.
http://www.networkoil.com/

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

o Main Street Equity Has First Closing on New $30 Million Fund

HOUSTON -- Main Street Equity Partners II said it
had its first closing on a $30 million venture capital
fund. The fund will be used to consolidate small
private companies through mergers and acquisitions.
The firm plans to invest between $500,000 and $5
million to finance mergers. The firm's first fund
focused on the media graphics sector. The firm also
added Sterling City Capital founder C. Byron Snyder
as a principal. Telephone 713-350-6000.

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

o Investment Firm Noro-Moseley Adds Two New Partners

ATLANTA -- Investment firm Noro-Moseley,  which
has approximately $580 milllion in capital holdings,
said it added two partners. Steve Nussrallah joins
the company as general partner and Tripp Rackley
as venture partner. Mr. Nussrallah will focus on
technology investments, particularly broadband,
and was recently named chairman of Concurrent Computer,
a provider of real-time computer systems, software
and servers. Mr. Nussrallah was formerly president
and chief executive officer of Concurrent Computer.
Mr. Rackley will seek out investment opportunities
in technology and financial service companies. Mr.
Rackley was formerly founder, chairman, and chief
executive officer of nFront, now part of Digital
Insight, a provider of Internet banking servces
to financial institutions, and continues to serve
as vice chairman of Digital Insight.
http://www.noro-moseley.com/
_____________________________________________

o Former Dell Executive Joins Viridian As General Partner

CHARLOTTE, N.C. -- Viridian Capital Partners, an
early stage venture capital firm, said Mark A. Jensen,
former president and general manager of eBusiness
at Dell Computer, has joined the company as a general
partner and established Viridian's officer in Dallas.
Mr. Jensen, prior to joining Dell, was executive
vice president of solutions delivery for i2 Technologies.
Viridian manages three limited partnerships with
recent investments in Reliacast, which provides
Internet Infrastructure Software; Verticore Technologies,
a provider of applications for plant maintenance
and operation; and wireless Internet firm Stick
Networks.
http://www.viridianventures.com/
_____________________________________________

o Former Budget Group President and CEO Joins eVolution

SAN FRANCISCO -- eVolution, a firm focused on funding
traditional companies doing business on the Internet
rather than startups, said that David Siegel joined
its U.S. offices as a managing director. Mr. Siegel
was president and chief operating officer of Budget
Group and formerly president of Continental Express,
a wholly-owned subsidiary of Continental Airlines.
Mr. Siegel will lead and develop new ventures and
expand eVoNet, a branch of eVolution.
http://www.evopartners.com/
_____________________________________________

o Reliant and ibooks CEOs Join TL Ventures EIR Program

AUSTIN, Texas -- TL Ventures, an early stage venture
capital firm, said Peter Norwood, the former CEO
of Reliant Data Systems, and Jerry Weissberg, former
president and CEO of ibooks.com, have joined the
company as entrepreneurs-in-residence. The two will
provide support and mentorship to the firm's portfoliio
companies and will operate out of the company's
Austin office.
http://www.tlventures.com/

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Thats weird, my computer just deleted the recipients from the email below.
I'll try again--do you guys still work here?  DF

	From:  Drew Fossum                           01/25/2000 01:02 PM

To:
cc: Susan Scott/ET&S/Enron@ENRON, David Foti/ET&S/Enron@ENRON, Martha
Benner/ET&S/Enron@ENRON

Subject: Transwestern Contracts

You guys probably don't remember this (I didn't until I checked the file) but
there were a couple of exhibits to the Transwestern Gallup contracts that we
left to be attached to the final contracts after execution.  My recollection
is that we were in such a hurry to get the Compression Service Agreement
signed and sent to FERC that we left a couple of these things to do later.
Now that we have the FERC order, I want to get these contracts off my desk
and off to Corporate Records or whereever original contracts go to die.   On
my originals, I'm missing Exhibit B to the CSA (which is the CDEC Rate
Schedule No. 21),  and Exhibits A and C to the O&M Agreement.

Susan, please coordinate with Gerald to get these exhibits in our respective
files and we can send these contracts off to the central rathole and be done
with it.  Thanks to you all.  DF


Jean has responded to Rick and I.  She doesn't feel that she has room in her
budget to pick up a partial headcount.
----- Forwarded by Steven J Kean/NA/Enron on 02/14/2001 02:33 PM -----

	Elyse Kalmans
	02/08/2001 03:59 PM

		 To: Cindy Olson/Corp/Enron@ENRON, Steven J Kean/NA/Enron@Enron
		 cc:
		 Subject: Revised Plan

Cindy and Steve:  Please see Kathy Mayfield's split responsibility proposal.
She initially discussed it with Jean Ryall at the beginning of January just
prior to the start of the legislative session.  Unfortunately, Jean has not
responded to Kathy's numerous inquiries.  As you can see, Community Relations
can use Kathy for United Way, but that will account for only 40% of her time,
with 60% designated for legislative/economic development activities under
Jean.  Please let me know your thoughts on how to proceed.  I am nervous
about a full-time role for Kathy should Jean not be interested in supporting
these activities and want to make sure that her talents are optimized for
Enron.

Elyse
---------------------- Forwarded by Elyse Kalmans/Corp/Enron on 02/08/2001
03:47 PM ---------------------------

	From:  Kathy Mayfield                           02/08/2001 03:43 PM

To: Elyse Kalmans/Corp/Enron@ENRON
cc:

Subject: Revised Plan

Elyse, these are the dates that I communicated to Jean--just fyi.  Thanks,
Kathy

Met w/ Jean Ryall on Jan. 5
Sent proposal to Jean on Jan. 16
Follow-up email to Steve on Jan. 29
Follow-up email to Jean on Jan. 31
Numerous phone calls to Jean with no return calls  (actually, she called late
one night before the Inauguaration, but no response since then)


----- Forwarded by Tana Jones/HOU/ECT on 11/16/2000 02:58 PM -----

	exchangeinfo@nymex.com
	11/16/2000 02:10 PM

		 To: tana.jones@enron.com
		 cc:
		 Subject: (00-397) Margin Rate Increase for Natural Gas

Notice No. 00-397
November 16, 2000

TO:
All NYMEX Division Members and Member Firms
All NYMEX Division Clearing Firms
All NYMEX Division Operations Managers

FROM:
Neal Wolkoff, Executive Vice President

SUBJECT: Margin Rate Increase for Natural Gas
_________________________________________________

Effective Date: Friday, November 17, 2000 (close of business)

Futures Contract:  Henry Hub Natural Gas Futures

Contract Months: All Months

Rate Change:
NYMEX Division Margins on Henry Hub Natural Gas Futures Contracts

Effective Date: Friday, November 17, 2000 (close of business)

Clearing Member (Maintenance Margin): Old:  $4,200  New:  $5,500
Member Customer (Initial Margin): Old:  $4,620  New:  $6,050
Non-Member Customer (Initial Margin): Old:  $5,670  New:  $7,425

Should you have any questions regarding these changes, please contact Arthur
McCoy at (212) 299-2928 or Joe Sanguedolce at (212) 299-2855.

This notice supersedes all previous notices regarding outright margins for
the NYMEX Henry Hub Natural Gas Futures 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&refdoc
=(00-397)"

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.


Start Date: 1/12/02; HourAhead hour: 16;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002011216.txt


De nada!


Your numbers look good. I had the wrong number in the volume we were pulling
from your pool.


Cheryl:

Attached are Con Ed's documents.  We need to do an "ISDA comparison" and
prepare a redline to submit to Con Ed.  Sam worked on the original ConEd
draft, the latest dated 1/24/01.  The file should be in the file drawer.  We
can talk about the comparison when we meet.  Thanks.

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com
----- Forwarded by Sara Shackleton/HOU/ECT on 05/30/2001 03:42 PM -----

	Janelle Scheuer/ENRON@enronXgate
	04/10/2001 04:17 PM

		 To: Sara Shackleton/HOU/ECT@ECT, Edward Sacks/ENRON@enronXgate
		 cc:
		 Subject: FW: Con Edison Form of ISDA Agreements

Hi Sara and Ed!
ConEd wants to get going on an ISDA , in parallel to adjusting as necessary
the long form for the upcoming transaction.  They believe that the ISDA will
not be negotiated in time for when they want to execute, thus the parallel
documents.
Regarding the annex, the uncoming deals could potentially be swaps, collars,
or participating swaps.
I think they are quite eager to hear our response.
Thanks,
Janelle
 -----Original Message-----
From:  "Forte, Michael" <FORTEM@coned.com>@ENRON
[mailto:IMCEANOTES-+22Forte+2C+20Michael+22+20+3CFORTEM+40coned+2Ecom+3E+40ENR
ON@ENRON.com]
Sent: Tuesday, April 10, 2001 4:00 PM
To: Scheuer, Janelle
Subject: Con Edison Form of ISDA Agreements

  Janelle,

>     Attached for Enron's review are Con Edison's form of the ISDA Master
> Agreement Schedule, Credit Support Annex, Form of Guarantee, and Letter of
> Credit Form.
>
>              <<Con Edison - ISDA Schedule 041001 draft.doc>>  <<Con Edison
> - Credit Annex 041001 draft.doc>>  <<Con Edison Form of Guarantee.doc>>
> <<Con Edison Letter of Credit Form 041001 Draft.doc>>
>
Thank you and have a great day!
Michael

 - Con Edison - ISDA Schedule 041001 draft.doc
 - Con Edison - Credit Annex 041001 draft.doc
 - Con Edison Form of Guarantee.doc
 - Con Edison Letter of Credit Form 041001 Draft.doc


Once again it is time to begin the nomination process for Enron's Chairman's Award.

For those of you who are new to Enron, the Chairman's award is an employee-driven award designed to recognize Enron employees who make a difference in our organization by demonstrating our core values - Respect, Integrity, Communication, Excellence - in everything they do.  These individuals are the Everyday Heroes who make Enron a great place to work. They capture the spirit, the philosophy and the day-to-day business practices of our company in their work, their attitude and how they regard their colleagues.

This award program will only be as successful as your participation in it.  All Enron employees can nominate fellow employees at any level - from the top down or the bottom up.

Nomination forms will be available around the world.  Find the forms on your intranet site or at home.enron.com <http://home.enron.com>.  Direct any questions to mbx_chairmansaward@enron.com

The nomination process is simple.  Complete and submit the nomination form by Wednesday, October 10, 2001.  This year's Selection Committee will then review all nominations and present recommendations to the Office of the Chairman for final approval.

The Chairman's Award winner and finalists will be announced at the annual Enron Management Conference in San Antonio, Texas on November 16, 2001.

I want to personally encourage each of you to think about your colleagues, their contributions to Enron and their adherence to our values.  If there is someone you know who is one of our many "everyday heroes" and you think they deserve to be recognized for their dedication and commitment to Enron's values, now is your turn to speak up?so please take the time to nominate someone you know for this very special award.

I look forward to learning more about our outstanding employees here at Enron and thank you for your participation.


Open the "utility" spreadsheet and try to complete the analysis of whether it
is better to be a small commercial or a medium commercial (LP-1).
You will need to get the usage for that meter for the last 12 months.  If we
have one year of data, we can tell which will be cheaper.  Use the rates
described in the spreadsheet.  This is a great chance for you to practice
excel.


This is what Ken sent for gas consumption during the pressure loss.

 -----Original Message-----
From: 	"Kenneth G Gruhl" <kggruhl@duke-energy.com>@ENRON [mailto:IMCEANOTES-+22Kenneth+20G+20Gruhl+22+20+3Ckggruhl+40duke-energy+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Tuesday, September 04, 2001 9:15 AM
To:	Schoolcraft, Darrell
Cc:	rjnewson@duke-energy.com; David Bowers; wralkema@pplmt.com
Subject:	Plant Data - During Loss of Gas Pressure - 9/3/01

Below is Griffith plant gas consumption data for yesterday 9/3/01.
You can see that from the time of loss of gas pressure, HE 8:00, we did not
recover until HE 14:00.
This of course extended our test schedule which required even more gas for
the day.

Note: Duct Burner #2 instrumentation is defective, otherwise the data is
OK.

(Embedded image moved to file: pic19169.pcx)
 - pic19169.pcx


---------------------- Forwarded by Donna Johnson/PDX/ECT on 04/30/2001 10:46 AM ---------------------------
From:	Godfrey Hyde/ENRON@enronXgate on 04/27/2001 10:05 AM CDT
To:	Donna Johnson/PDX/ECT@ECT
cc:

Subject:	Febuary 2001 ISO Preliminary

Donna,

The Cal ISO wires in the amount of $317,356.53 for Grid Management and $21,874,919.98 for Market Operations has been requested to be paid on Monday April 30 meeting the 10:00 A.M. PST deadline.  Thank you.

gh


Matt we booked the LA deal.  The MTM value is
Physical: 9,773
Financial: -55,173
Net MTM = -45,400

This is new to have an Index Forward w/ Delivery at a Basis and the Index at the Basis.
Portcalc is valuing the physical risk from the physical delivery price, while the financial risk is from the financial index curve (Palo Verde):

 Index Offset = .50
  Physical Basis = .50
  Price for Palo is 17.25

  Physical

  MidPrice = Physical Curve * Scalar = (Palo + Mead Basis) * Scalar = 17.75 * Scalar
  FixedPrice = MidPrice + index Offset = MidPrice + 0.5

  Financial

  MidPrice = Index Curve * Scalar = Palo * Scalar = 12.25 * Scalar
  FixedPrice = Physical MidPrice

This shouldn't take to long to fix the financial MidPrice to pull Mead - I will keep you updated on the progress.

Attached is the current deal summary.


Gerald,

Can you or anyone else who will be working on ENA Upstream contracts let me know if you get any future requests for confirmations or contracts that are for ENA Upstream? All of the purchase deals from the Originations or Mid-marketers for ENA Upstream going forward should be on the Committed Reserves confirmations and that usually does not get communicated so it can be put on the appropriate confirm/contract.

Let me know if you have any questions.

Thanks,
Judy Thorne

 -----Original Message-----
From: 	Wallumrod, Ellen
Sent:	Monday, July 23, 2001 3:59 PM
To:	Thorne, Judy
Subject:	Devon SFS deal #679736

Judy,

I believe this is the Confirmation, as prepared by Legal. Please follow up with Nelson to see if he sent it out and got an Executed copy back.

Many thanks,
Ellen
 -----Original Message-----
From: 	Nemec, Gerald
Sent:	Monday, July 23, 2001 3:35 PM
To:	Wallumrod, Ellen
Subject:	FW: Devon Firm GTC

 -----Original Message-----
From: 	Nemec, Gerald
Sent:	Tuesday, June 19, 2001 5:46 PM
To:	Ferries, Nelson
Subject:	Devon Firm GTC

Nelson,  Attached is the Confirm and GTC for the deal with Devon.  Please review and if acceptable you can forward to Devon for review.


---------------------- Forwarded by David W Delainey/HOU/EES on 05/17/2001
08:47 AM ---------------------------

Ken Rice@ENRON COMMUNICATIONS
05/16/2001 09:34 AM
To: David W Delainey/HOU/EES@EES
cc: Kevin Hannon/Enron Communications@Enron Communications
Subject: FW: DARWIN AWARDS

Delainey

Why is it that a Canadian always seems to win the Darwin Awards?

Ken

----- Forwarded by Ken Rice/Enron Communications on 05/16/01 09:26 AM -----

	donrs@donrs.com
	05/16/01 08:46 AM

		 To: RMSherrill@duke-energy.com, lance_riley@anadarko.com, Ken Rice/Enron
Communications@Enron Communications, alinbeck@redstonegroup.com
		 cc:
		 Subject: FW: DARWIN AWARDS

-----Original Message-----
From: Bob and Sharyn Perkins [mailto:bsbprkns@jump.net]
Sent: Tuesday, May 15, 2001 9:04 PM
To: Undisclosed-Recipient:;
Subject: Fw: DARWIN AWARDS

Read it and shake your head in wonder.
> Subject: FW: DARWIN AWARDS
>
>
> >> Hot off the press! The 2000-2001 Darwin Awards
> Are Here!! > The latest
> >> Darwin Awards update....
> >> 1.  A Canadian man, searching for a way of
> getting drunk cheaply, because
> >> he had no money with which to buy alcohol, mixed
> gasoline with milk. Not
> >> surprisingly, this concoction made him ill, and
> he vomited into the
> >> fireplace in his house. This resulting explosion
> and fire burned his house
> >> down, killing both him and his sister.
> >> 2. A 34-year-old white male found dead in the
> basement of his home died of
> >> suffocation, according to police. He was
> approximately 6'2" tall and
> >> weighed 225 pounds. He was wearing a pleated
> skirt, white bra, black and
> >> white saddle shoes, and a woman's wig. It
> appeared that he was trying to
> >> create a schoolgirl's uniform look. He was also
> wearing a military gas
> >> mask that had the filter canister removed and a
> rubber hose attached in
> >> its place. The other end of the hose was
> connected to a one end of a
> >> hollow wooden tube approx. 12" long and 3" in
> diameter. The tube's other
> >> end was inserted into his rear end for reasons
> unknown, and was the cause
> >> of his suffocation. Police found the task of
> explaining the circumstances
> >> of his death to his family very awkward.
> >> 3. Three Brazilian men were flying in a light
> aircraft at low altitude
> >> when another plane approached. It appears that
> they decided to moon the
> >> occupants of the other plane, but lost control of
> their own aircraft and
> >> crashed. They were all found dead in the wreckage
> with their pants around
> >> their ankles.
> >> 4. A police officer in Ohio responded to a 911
> call. She had no details
> >> before arriving, except that someone had reported
> that his father was not
> >> breathing. Upon arrival, the officer found the
> man face down on the couch,
> >> naked. When she rolled him over to check for a
> pulse and to start CPR, she
> >> noticed burn marks around his genitals. After the
> ambulance arrived and
> >> removed the man - who was declared dead on
> arrival at the hospital - the
> >> police made a closer inspection of the couch, and
> noticed that the man had
> >> made a hole between the cushions. Upon flipping
> the couch over, they
> >> discovered what caused his death. Apparently the
> man had a habit of
> >> putting his penis between the cushions, down into
> the hole and between two
> >> electrical sanders (with the sandpaper removed,
> for obvious reasons).
> >> According to the story, after his orgasm the
> discharge shorted out one of
> >> the sanders, electrocuting him.
> >> 5. A 27-year-old French woman lost control of her
> car on a highway near
> >> Marseilles and crashed into a tree, seriously
> injuring her passenger and
> >> killing herself. As a commonplace road accident,
> this would not have
> >> qualified for a Darwin nomination, were it not
> for the fact that the
> >> driver's attention had been distracted by her
> Tamagotchi key ring, which
> >> had started urgently beeping for food as she
> drove along. In an attempt to
> >> press the correct buttons to save the
> Tamagotchi's life, the woman lost
> >> her own.
> >> 6. A 22-year-old Reston, VA man was found dead
> after he tried to use
> >> octopus straps to bungee jump off a 70-foot
> railroad trestle. Fairfax
> >> County police said Eric Barcia, a fast-food
> worker, taped a bunch of these
> >> straps together, wrapped an end around one foot,
> anchored the other end to
> >> the trestle at Lake Accotink Park, jumped and hit
> the pavement. Warren
> >> Carmichael, a police spokesman, said
> investigators think Barcia was alone
> >> because his car was found nearby. "The length of
> the cord that he had
> >> assembled was greater than the distance between
> the trestle and the
> >> ground", Carmichael said. Police say the apparent
> cause of death was
> >> "Major trauma".
> >> 7. A man in Alabama died from rattlesnake bites.
> It seems that he and a
> >> friend were playing a game of catch, using the
> rattlesnake as a ball. The
> >> friend - no doubt, a future Darwin Awards
> candidate - was hospitalised.
> >> 8. Employees in a medium-sized warehouse in west
> Texas noticed the smell
> >> of a gas leak. Sensibly, management evacuated the
> building, extinguishing
> >> all potential sources of ignition lights, power,
> etc. After the building
> >> had been evacuated, two technicians from the gas
> company were dispatched.
> >> Upon entering the building, they found they had
> difficulty navigating in
> >> the dark. To their frustration, none of the
> lights worked (you can see
> >> what's coming, can't you?). Witnesses later
> described the sight of one of
> >> the technicians reaching into his pocket and
> retrieving an object, that
> >> resembled a cigarette lighter. Upon operation of
> the lighter-like object,
> >> the gas in the warehouse exploded, sending pieces
> of it up to three miles
> >> away. Nothing was found of the technicians, but
> the lighter was virtually
> >> untouched by the explosion. The technician
> suspected of causing the blast
> >> had never been thought of as 'bright' by his
> peers.
>
>


Mike

FYI

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/06/2001
10:09 AM ---------------------------
From: Anne Labbe/ENRON@enronXgate on 04/05/2001 02:50 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Tony Hamilton/ Joe Carson questions

Vince,

I just wanted to follow-up with you regarding the action items that were
taken away from yesterday's meeting with you, Mike Roberts, Norma, and myself.

1)  Tony Hamilton
As you know Tony's official start date was March 12, 2001, and he has yet to
receive a paycheck.  London's pay cycles are different than ours however, and
they only get paid on the 20th of each month.  Tony did not receive a
paycheck on March 20th because all of his new hire information has to be put
into SAP (the payroll system) by the first of the month for the employee to
receive a check on the 20th.  Consequently, Tony will not receive his first
paycheck until April 20th.  If you would like for me to try and work with the
London office however and try to get him a paycheck quicker than that, please
let me know.

2)  Joe Carson
From what I am able to gather, Gary Hickerson did make Joe Carson an offer
that consisted of a one-year contract.  However, Gary is out of town until
Monday, and no one is sure of the specifics of the deal.  Would you like me
to contace Joe to find out the specifics, or would it be more acceptable for
me to wait until Gary returns so that I can get all of the facts.

I look forward to working with you.

Thanks,
Anne Labbe'


Yes, we basically okay.

David Forster@ENRON
05/11/2000 12:23 PM
To: Susan Musch/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT@ECT
cc: Mario Parra Cardoso/Corp/Enron@Enron, Jeff Blumenthal/HOU/ECT@ECT,
Stephen H Douglas@ECT, Mark Taylor@ECT, Alan Aronowitz@ECT, Debbie R
Brackett/HOU/ECT@ECT

Subject: Re: Enron Online Japan - Tax Issues

So, basically we're OK for current plans - although credit should be aware of
A3?

Dave

Susan Musch@ENRON_DEVELOPMENT
05/11/2000 10:47 AM
To: Mario Parra Cardoso/Corp/Enron@ENRON
cc: Jeff Blumenthal/HOU/ECT@ECT@ENRON, Stephen H Douglas@ECT, Mark
Taylor@ECT, Alan Aronowitz@ECT, David Forster@ECT

Subject: Enron Online Japan - Tax Issues

I received advice today from our outside law firm in Tokyo regarding their
final conclusions on the Japanese tax issues relating to the non-Japanese
trading offices trading with Japanese counterparties. The following is a
summary of their advice:

A. Cash Settled Derivatives Transactions
1. Swap, Options and Other Financial Derivative Transactions

Based on the current practice of the Japanese tax authorities, standard
swaps, options and similar financial transactions with symmetrical payment
flows should not be subject to withholding tax. However, to the extent that
Enron transactions involve asymmetrical payments, concern exists that imputed
interest from the imbedded loan could be subject to interest withholding tax.

2. Consumption Tax (VAT) and Excise Taxes

Although Japan imposes a 5% consumption tax (VAT), financial transactions are
generally not subject to the consumption tax, so cash settled derivative
transactions should generally not be subject to consumption tax.  Japan
imposes various excise taxes, some of which apply to commodities that are the
subject to Enron Online transactions, such as petroleum excise tax.  Such
excise taxes generally apply to physical importation and domestic sale and
delivery of covered products and should generally not apply to purely
financial derivatives transactions which reference commodity prices.

3. Collateral for Derivatives Transactions

If Enron entities will take collateral from Japan-based customers in
connection with derivative transactions, depending upon the specific
arrangements, withholding tax liability might arise.  For example, if an
Enron trading entity takes cash collateral from a Japan-based customer and
pays interest on it, such interest payments could be subject to local
withholding tax when paid to the Japanese resident customer.

B. Physically Settled Transactions
1. Consumption Tax

Japan imposes consumption tax (VAT) on the importation of tangible goods and
on domestic transfers of tangible goods. Consumption tax should be applicable
to imports of all physical commodities indicated at the Enron Online website,
including natural gas, LNG, petroleum and derivatives, coal and pulp and
paper.  Consequently, commodity contracts for physical settlement should
provide that ownership of the commodity will pass outside Japan to the
Japan-based customer.  As owner of the products upon import, the Japan-based
customer would act as importer for consumption tax purposes and in that
capacity would handle formalities upon import, pay import consumption tax and
then credit or seek a refund for the resulting input consumption tax.

If, instead, the title to the commodities is transferred after such
commodities enter Japan, each Enron entity that sells to Japan would be
required to register as a taxpayer for consumption tax purposes, pay
consumption tax upon import and file consumption tax returns.  While such an
arrangement is feasible, in practice, other industries have encountered
resistance from customs authorities (who administer the import consumption
tax system) to the designation of a non-resident entity as formal importer.

2. Excise Tax

Japan imposes an excise tax on the importation and transfer of various
commodities, including natural gas, LNG, crude oil, and refined petroleum
products.  Petrochemicals may also be subject to excise tax depending upon
the specific product. Other commodities listed at the website, including
coal, plastics (except if a specific product were characterized as a
petrochemical subject to excise tax), and pulp and paper, are not subject to
excise tax.  Again, Enron entities should transfer ownership of commodities
before they reach Japan so that the Japan-based customer acts as importer and
has responsibility for payment of excise taxes.

C. Tax Representations

The trading offices considered were those located in the US, the UK,
Singapore, Australia, Canada, Spain and Norway. Japan has tax treaties in
force with all of these countries.  Consequently, with respect to GTCs
entered into with these trading offices, the tax payor and payee
representations may provide that:

(1) the counterparty agree and represent that withholding tax will not apply
and will not be deducted from payments it makes to Enron entities, and
(2) with respect to payments the counterparty will receive from Enron
entities, it is eligible to claim relief under the business profits article
of an applicable tax treaty and does not have a permanent establishment in
the paying Enron entity,s jurisdiction.

Please let me know if you have any questions, need any additional information
or would like me to forward our outside advisor,s memo on this subject to you.

Best regards,
Susan


I understand your concern but negotiating your future position is part of the
agreement.

	Holli Krebs
	12/12/2000 01:34 PM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: Re: EWEB

I say let's forge ahead and get this deal done.  I will hold up on future
financial trades with them but this deal is of major concern.


Bus passes for January are now available at the Parking and Transportation office on the third floor of the Enron Building, ECN 306.  These passes are offered on a monthly basis and are provided at no charge to the Enron employee. However, because these buses passes are fully subsidized they must be treated as "taxable" income. Excluding the first $65 of the bus pass, the remaining value is subject to taxation, collectively referred to as "imputed tax". See example below

Example: A $100 pass is chosen by an employee.

Subsidy for Bus Pass		$100.00
Exclusion amount			$  65.00

Taxable Income amount		$  35.00


David, I have a problem with the RAC comments made on page #2 of the DASH.
Specifically, the two paragraphs basically add no value and just confuse the
reader (ie) what is your opinion?  Is this a good sale or can significant
recovery (on a risk adjusted basis) occur if we convert the sub debt and
infuse more equity?  Are we not receiving enough value from the CFPC given
the possible recovery of this sector?

The DASH is deficient in its view of Basic's prospects given current energy
prices.

Jeff/Dick/Ray, what are your opinions?

Independent of the desire to move on - what is the right call - I do not want
to give value away in any divestiture or restructuring.

Regards
Delainey


west- san juan
please change deal V96295 from gas daily to just a nymex swap, this is an internal deal no confirms to change


Start Date: 4/21/01; HourAhead hour: 11;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042111.txt

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

  TRANS_TYPE: FINAL
  SC_ID: HARBOR
  MKT_TYPE: 2
  TRANS_DATE: 4/21/01
  UNIT_ID: HARBGN_7_UNITS


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 10/12/2000
04:06 PM ---------------------------

Anita DuPont@ENRON
10/10/2000 03:38 PM
To: Vince J Kaminski/HOU/ECT@ECT, Pinnamaneni Krishnarao/HOU/ECT@ECT
cc: Shirley Crenshaw/HOU/ECT@ECT
Subject: Binary (Digital) Options

Vince:

Here is the existing presentation.  I have formatted the document like it
should appear for the presentation.  Please feel free to change or add to
the data but do not change the background color, the bullets or the white or
yellow fonts.  Thanks.  Anita


-----Original Message-----
From: Rob [mailto:rob.mudmaster@home.com]
Sent: 07 May 2001 15:53
To: Yolanda Nieuwesteeg; Yar Kolomijchuk; Wyatt Wutzke; Willy Cover;
William P Cover; Will Stuart; Westersund Dental -- Office; Wes Lyster;
Wayne Repchuk; Wayne Lockhart; Wayne Crosbie; Walter Robinson; Walter
McCallum; Vern Saruk; Verena Froehlich; Troy Wagner; Trevor Spagrud;
Trevor Johnson; Trevor Hayes; Trent Abraham; Trelf@aol.com; Tracy Nihill
-- Work; Tracy Nihill; Tracey Katelnikoff; Tonya Frizzell; Tony Vaisnis;
Tom Simons (NEWPARK) (E-mail); Tom O'Toole; Tom Logan; Tom Kerestes;
Todd Williamson; Todd Hagen; Todd Garman; Todd Atkinson; Todd Anderson;
Tim McNab; Tim Krysak; Tim Gee; thejrod82fsbb@hotmail.com; Terry
Wheaton; Terry Meek; Terry McNeill; Teresa Brunner; Ted Fostey; Ted
Bull; Cory Holden; Alex Bondarchuk; Andre Poitras; Arne Hamarsnes; Bill
Thomas; Bob Drackett; Brent Forster; Brent Schaab; Brian Keller; Bryan
Lang; Cal Halasz; Cam Duncan; Chad Melby; Chris Stevens; Clay Zimmerman;
Cori Timmerman; Craig Mannix; Dale Miller; Daniel MacInnis; Daron
Torrens; Darren Bidyk; Darren German; Dave Scott; David Elmer; David
Storoshenko; Dean Rutledge; Donna & Curtis Dobush; Drew Fisher; Gabe
Kobel; George Swerdan; Gord Lane; Gord Maybee; Herb Hamilton; Jeff
Shafer; Jeffrey J. Scott; Jeremy Nielsen; jmichaelf@mackenzieseeds.com;
John Guderyan; John Lamacchia; Johnny Prejean; Ken Loewen; Ken Pitts;
Ken Zinger; Kevin Kerwin; Mark Algar; Michael Fearon; Mike Craig; Mike
Grimes; Paul Curley; Paul Masse; Randy Mein; Reg Greenslade; Robert
McCullagh; Scott Parker; Sean Rouillard; Shawn Pitkanen; Shayne
Rodrigues (E-mail); Shol Tabachnick; Steve Simmons; Tara Seaborn; Sylvia
VanderLaan; sweets1499@home.com; Suzanne West;
Susan_Vokey@postellenergy.com; Susan Vokey; Steve Smith; Steve
Schneider; Steve Schneider; Steve Magus; Steve Jenkins; Steve Holyoake;
Steve Henrich; Steve Greene; Steve Fawcett; Stephen Payne; Stephen
Kingsley; Stephanie Phillips; Stan Weich (E-mail); Stacey Van Essen;
Stacey Radley; Soul Designs - Lerae Frisby; Smallwood, Ken; Siren
Nieuwesteeg; simon; Sid Isnor; Sid Isnor; Sibbald, Laurie; Sheldon
Marcotte; Shawn Bosse; Shawn & Carol Mackey; Sharon Gray; Shannon
Demmon; Shane Walper; Shane Jones; Shafina Juma; Senan Foley; 'Sean
Parker'; Sean Copeland; Sean Casey -- Work; Sean Casey; Scott Saxberg;
Scott Patterson; Scott Paddington; Scott Luger; Scott Lacey; Scott
Gordon -- Home; Scott Gordon; Sandy Stetsko; Sandy McNabb; sandy foley;
Sameera; Sam Ledbetter; sam; ryan.smith@nord-com.net; Ryan Stevenson;
Ryan Paulgaard; Ryan Ganske; Ruzicki, Greg; Rusty & Jen Reingruber; Russ
Guenther; Russ Feschuk; rpriel@powersurfr.com; Roth, Jim; Rota, Bob;
Ross Leach; Ross Donald; Rose Mary Vandergrift; Rosaine, Jeff; Ron
McILwrick; Ron Mallett; Ron Hutzal; Ron Holtorf; Ron Green; Ron Dahl;
Rocky Snippa; ROBERT WINKLER; Robert Weber; Rob Weber; Rob Tumbach; Rob
Stanton; Rob Solinger; Rob Solinger; Rob Savoy; Rob Richter-Vitale; Rob
Nieuwesteeg - Jr; Rob Morrison; Rob Langill; Rob Kun; Rob Harris; Rob
Haines; Rob Findlater; Rob Ellis; Rob and Jo ann Worrall; Rob; Rick
Williamson; 'Rick Velhat'; Rick Smith; Rick Senchuk; Rick Mikitka; Rick
Green; Rick Blanchette; Richard Corvari; Richard Block;
rich_dave@hotmail.com; Rich Gebauer; Rene Kerst; Rene Kerst; Reid,
William N; Reid Hansen; Ravished Robertson; Randy Walliser; 'Randy
Toone'; Randy Donkersloot; Randy Donkersloot; Power of WOW!;
pingtist45@hotmail.com; Phillips, Bob; Phil Masella; Phil Johnson; Peter
Young; Peter Goldsmith; Peter Cavanagh; Peter Andrews; Pete Nieuwesteeg;
Peake Debbie; paul weisshaar; Paul Goehner; Paul Croteau; Paul Codd;
Paul & Wendy Weisshaar; Pat Whelan; Pat Sheehan; Pat Mclean; Pat
Connors; Papke, Kevin; Paddington Scott; otagostrong@hotmail.com;
Orville Cole; Olson, Wayne; Olson, Brent; odb101@home.com; Marnie Logan;
Malcolm Adams; John Steward -- work; John Steward; George Gervais; Doug
Cuppen; Donna Silverson; Diane Nieuwesteeg; Dave Heneghan; Dan Boyko;
Curtis Chenail; Barry Goss; Ken Wing; Nataliya Dvorak; Natalie Getz;
Nancy DesRoches; Murray Stodalka; Morley Frank; minow79_@hotmail.com;
mikeysteeves@hotmail.com; Mike Stewart; Mike Machowski; Mike Low; Mike L
Stephens; Mike Kryczka; Mike Buker; Mike Allen; Michael Woofter; Michael
Titaro; Michael Scase; Michael Roulston; Michael Monea; Michael Gentes;
Michael Ehmann; Melinda Mitchell -- work; Melinda Mitchell; Melanie
Miltimore; mbates17@hotmail.com; Matt Tamas;
martin.sauter@ebe-online.de; Martin Anderson; Mark Thorne; Mark Soper;
Mark Hornett; Marianne Draycott; macki_14@hotmail.com;
m.stiell@home.com; Lyle Green; lpayne@powerofwow.com;
LOwens@plainschal.com; Lorna A Carlson; lmbarron@cadvision.com; Lloyd.
Good@Ps. Ge. Com; Lloyd McMaster; Lloyd Good; Lloyd Arnason; Llew L
Williams; Liza Margaret Naticchia; Lisa Sloane; Lino Vella-Gregory;
Lindsay Gray; Linda Chenail; Linc Mardell; Lesline Thomas -- Home;
Lesline Thomas; Leah Klock; Lawton, Cal S; Lawrence Backmeyer;
Laura_Morrison@pancanadian.ca; Larry Saisho; Larry Mashinter; Kristoffer
Watson; KPorteous@plainschal.com; Kim White; Kim Parenteau; Kim Kuhnert;
Kim Galloway; Kim Deschaine; Kim Barton; Kevin Suffern; Kevin Sparks;
Kevin Meyer; Kevin MacInnes; Kevin Clarkson; KEVDOGCA@aol.com; Kent
Dowhanuik; Ken Zandee; Ken Stecyk; Ken Smallwood; Ken Holmes; Ken
Eisner; Ken Buckley; Ken & Karen Pitts; Kelly Whelan; Kelly Grimes;
Kelly Adams; Kelly; Keith Jones; Keith Harris; Keith Good; Kathy
MacKenzie; Kathy Bowerman; Kathleen Bell; Karyn MacDonald; Karen Ryan;
Kai Dhaliwal; Julie Thompson; Julie Canning; Julie & Bill Reid; Jonn
Baird; Johnny Prejean - Home; John Ruzicki; John Latt; John Garden; John
Edwards; Joel Armstrong; Joe Stadlwieser; Joe MacIsaac; Jim Wood; Jim
Romeril; Jim Dokter; Jim Delsing; Jim Albertson - Home; Jim Albertson;
Jill Croteau; Jerry Nieuwesteeg --home; Jerry Nieuwesteeg; Jerry
Nieuwesteeg; Jeremy Peesker; Jennifer Winter; Jennifer Vezina; Jennifer
Gordon; Jennifer Furlotte; Jennifer Christmas; Jennifer Adams; Jeff
Shugg; Jeff Rosaine; Jeff Melnyk; Jeff Grusie; Jeff Flesher; Jeff
Dickie; Jeff Campbell; Jeanne Carter; Jay Haas; Jason.Dousett@shell.ca;
Jason Rhodes; Jason McIntyre; Jason Hjelsvold; James, John; James
Manuel; Jack Melnyk; J Mellum; Ira Schwartz; Hutt, Bobby; Hugh Munro;
Houston Jay Haas; Brad Hillard; Gary Regel; heyyo83@hotmail.com; Dana
Tremblay; Catherine Brownlee; Guy Williams; Guy Grierson;
gsklimesch@t-online.de; gshpytkovsky@comptonpetroleum.com; Greg Roscoe;
Greg Rankin; Greg Jackson; Greg Hladun; Greg Henders; Greene, Steve;
Grant Harms; Grant Harms; Grant Doyle; Gordon Hill; Gordon Dawson; Gord
Runions; Gord Reese; Gord Oliver; Gord Moug; Gord McIntosh; Gord Davis;
Glenn Watt; Glenn Redmond; Glen Volk; gjenkinson@earthlink.net;
Giardullo, Mike; George Wadsworth; geoffnicholas@home.com; Geoff
Morrison; Geoff Hardwicke; Gene Howorko; Gary Nazar; Gary Lebsack; Gary
Connoly; Gabe and/or Karen Kobel; Fred Farmer; Frank O'neill; Erin
Roulston; Eric Larson; Eric Crowell; Elmer Ayers; Elizabeth DiFrancesco;
Elizabeth Aquin; Eirikson, Bob; Ed Nieuwesteeg; Ed Navickas;
dxhensch@molson.com; Dwayne Kelm; Dustin Hoffman; Dugald Mackay; Duane
Reid-Carlson; Duane Reid-Carlson; Drew Fisher; Doug MacAthur; Don
Shepert; Don Matthews - Home; Don Finley; Don Brown; Devon Jacob;
Derrick Russell; Derek German; David_Scott@postellenergy.com; David
McDonald; David Heneghan; David Christensen; David Lawson;
daveb@seventhenergy.com; Dave VanBelleghem; DAVE SMITHEMAN; Dave
Sapunjis; Dave Salamandick; Dave Mckenna; Dave McCallum; Dave Lawson --
home; Dave Johnson; Dave Groombridge; Dave Dart; Darryl Arndt; Darren
German -- Work; Dan Williamson; Dan Laplante; Dan Hewitt; Dale Whiteman;
Dale Miller; Dale Heidt; Dale Hansen; Craig Latimer; Colin McPhee;
christoph.sauter@ebe-online.de; Christian Gillis; Chris Sutton; Chris
Stewart; Chris Oddy; Chris Fraser; Chris Flannery; Chris Baillie;
Charles Christopher; Catina Despotopoulos; Carolyn Stein; Cal Lawton;
Bryan Lang; Bryan & Brenda Lang; Bruce Linton; Bruce Irvine; Bruce
DenOuden; Brook Carpenter; brocktiludrop@hotmail.com; Brian Ziegler;
Brian Ontko; Brian Ness -- Home; Brian McGregor; Brian Farmer; Brent
Struthers; Brent Duncan; Brent Choi; Brent Barnett; Brad Virginello;
Brad Porter; Brad Haussecker; Brad Carlson; Bobby Hutt; bob ellis; Blake
Walliser; Blair Longdo; Blair Goertzen; Blair Goertzen; Blaine
McLaughlin; Birol Fisekci; Biluk, Jamie; Bill Turko; Bill Reid; Bill
Meeuwissen; Bill Gerber; Bill Connely; Bernie Schmaltz; Barry Smith;
Barry Luft; Atkinson, Todd A; Art McMullen; Anthony Lambert; Annick
Allard; Annick Allard; Anna Martin; Anna Martin; Angela Hinrichs; Andy
Rogers; Andrew Creese; Amber Hancock; Amber Armstrong; Albert Hulzebos;
Alan Jahns; Alan Bilotta; Alan Bilotta; Adrian Lachance; Adrian Angove
Rogers; Aaron West
Subject: CHILD MISSING, MAY 4, 2001 FROM LETHBRIDGE, AB

 - new bulletin_.doc


---------------------- Forwarded by Sherri Sera/Corp/Enron on 10/27/2000
03:57 PM ---------------------------

	From:  Joannie Williamson                           10/27/2000 04:05 PM

To: Sherri Sera/Corp/Enron@ENRON
cc:

Subject: Investor Relations Org Chart

Per your request.


not completed he didn't have the chance today.  I was unable to close a
Excell spreadsheet for me to install the memory


Lunch - still outstanding (No mci guy)

2:30-  Chris Perkins, Senator Jefferds office (R-VT), Senate Building Room
728 Hart, Malcolm and Cynthia will attend, she also invited Mike Marvin,
Business Council

3:30 - Rick Kessler, Congressman Pallone, Democrate from New Jersey, 420
Cannon, Malcolm can also attend

4:00 - Elise Jones, Congresswoman Furse (D-OR), 316 Cannon, Malcolm can go to
this

MCI we'll try to do on May 1st.


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

Thanks

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


Ben,

As a retired trial lawyer, I prefer saying less whether than more. I'll bring
the letters down and we can discuss specifics.

	From:  Ben F Jacoby @ ECT                           11/08/2000 12:40 PM

Sent by: Ben Jacoby@ECT
To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: My Changes to Westinghouse Letters

Kay:

Please review the attached, in particular letter 1 which deals with setting
the record straight on events to date. Thanks.

Ben


> -----Original Message-----
> From: Hall, Rich [SMTP:RCH8@pge.com]
> Sent: Wednesday, April 26, 2000 9:26 AM
> To: 'Craig Chanceller'
> Subject: Wheeler Ridge capacity
>
> Craig -- Attached is a summary of the changes we would like to see in the
> SoCal Settlement proposal regarding the receipt point access rights at
> Wheeler Ridge.  I believe this is more market responsive, by letting the
> market decide the split of Primary Access Rights at Wheeler Ridge.
>
> Additionally, we are concerned with the market perception of the relative
> values of the two packages, as SoCal has defined them.  The market would
> place much greater value on the W.R.-North capacity (becasue of the
> secondary market value of the flexibility).  This would be purchased even
> by
> shippers desiring only K-M access; thereby limiting the perception of the
> quantity / quality of receipt point capacity access to PG&E and  OXY.  I
> would be happy to discuss this further.
>
> Please feel free to share any comments you have with SoCal and other
> parties.
>
>  <<Firm Primary and Secondary Receipt Point Access Rights>>
>
>
> Rich Hall
> 415-972-5115 <<Firm Primary and Secondary Receipt Point Access Rights>>

 - Firm Primary and Secondary Receipt Point Access Rights.doc


Effective October 3, 2001,

	Between the hours of 6 PM and 7 AM, the Central Desk phones will ring 5 times, then proceed directly into voice mail.

Thank you,

Irena Hogan
Sr. Administrative Assistant
Enron Americas
(713) 853-6143


Gentlemen:

Enron is exploring the possibility of becoming involved in a research
endeavor called the New Economy Value Research Lab. The Lab is the result of
a joint effort between MIT's Sloan School of Management and Arthur Andersen
(AA). Its purpose is to develop "quantitative valuations of the intangible
assets Wall Street finds increasingly important in the New Economy" (Business
Week, 2/7/00). Clearly, as Enron continues to shift from a hard asset to
intangible asset based organization, the question of "how to" accurately and
appropriate measure and value our intangible assets is becoming increasingly
important.

Last week, Steve Kean, Vince Kaminski, Marie Hejka, and myself met with a
team from AA, the Deputy Dean of the Sloan School, and MIT's lead
accounting/finance professor to discuss the intent of the Lab, expected
outcomes, and how Enron may be involved. Post that meeting, the decision was
made to continue to explore participation in the Lab. Enron now needs to 1)
define our corporate measurement and valuation process needs, and 2) identify
value attributes important to Enron and the industries in which we operate.
Once defined, a follow up meeting will be held with MIT and next steps will
be determined.

Your expertise and assistance could significantly impact the inputs and
outcomes of these next steps. Please schedule time on Tuesday August 1 from
2:00 to 3:30 to attend the next meeting, during which we will begin to
identify needs and define value attributes. Location will be EB 49c4. Please
notify me if you are unable to attend.

Lastly, to assist with preparation for this meeting, I am attaching notes
from a recently published book entitled  Cracking the Value Code: How
Businesses Are Creating Wealth in the New Economy (May 2000, Boulton, Libert,
Samek - Arthur Andersen).

Should you like more information on the Lab, previous meeting, book or other,
please feel free to contact me.

I look forward to meeting you.
Regards,
Amy Oberg


That's scary.  It's probably just as well I couldn't open it...I wouldn't
have believed it was real if I got that from you.  I would have just spent
time trying to figure out what the joke was.

RR


I do not agree with Jeff's changes to Dorothy's language and I am not sure if
Dorothy does.
In particular, I don't know what is meant by the language in the definition
of Spot Market
Service which says "and shall include all costs incurred by the electrical
corporation to
provide retail electric service" which seems to me to go way beyond even
energy service.  I
am also concerned that there be no way that customers have to pay for A/S
twice.

Second, I think 30 days is too short a time for a customer on Spot Market
service to elect
DA or Term Service, since if the UDC is providing Term Service on a best
efforts basis, that
option might not even be available within 30 days.  Barbara

Delaney Hunter wrote:

> Folks-
> Sorry for the delay --- major computer problems over here. I have used Ann's
> document and added the changes I made as a template. It is in redline and
> the questions are highlighted as well. Please look over it carefully and if
> there is language you are going to provide please do it post haste.
>
> WE WILL NOT HAVE A 2:00 CALL --- I think most folks are just too damn busy.
> So, if there is a question, problem, disagreement, etc on language please
> work it out amongst yourselves and send me new language if applicable.
> Remember this is due to Rick BY 5:00 PM TODAY!!!!!
>
> Call me with questions,
> Delaney
>
>   ------------------------------------------------------------------------
>                                       Name: REVISED Merged Leg Language.doc
>    REVISED Merged Leg Language.doc    Type: Microsoft Word Document
(application/msword)
>                                   Encoding: base64


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 11/15/2000
07:53 AM ---------------------------

Shirley_Keeney@eogresources.com on 11/15/2000 07:40:26 AM
To: Paula_Corey@enron.net, vfromm7768@aol.com, "Charles Renner"
<crenner@excalibar.com>, vkamins@enron.com
cc:
Subject: The GORE Solution

This isn't the one I was thinking of, but it's cute, too!

The Dems want a new election in Palm Beach County - they've already
submitted the new ballot and gotten approval form those Dems who approved
the original confusing ballot. Here it its:
(See attached file: NewBallot.gif)(See attached file: NewBallot.gif)

 - NewBallot.gif


Louise,

Attached please find for your review the Assignment Letter for Carlos Alatorre which has been approved by HR and myself.  Let me know if you have any questions or comments, otherwise when I get your okay we will sign Carlos up and make it official.

Thanks,

Steve


FYI.  Thank. Lynn

-----Original Message-----
From: Graham, Charlie
Sent: Thursday, August 23, 2001 9:32 AM
To: Blair, Lynn
Subject: FW: Call from John Sommer

FYI,  Ken Cessac will be calling you or Harry for Oneok plant data (if they still send it to us).

Charlie

-----Original Message-----
From: Graham, Charlie
Sent: Tuesday, August 21, 2001 8:19 AM
To: Kile, Rick; Herber, Stephen
Subject: FW: Call from John Sommer
Importance: High

FYI

-----Original Message-----
From: Nelson, Michel
Sent: Monday, August 20, 2001 5:03 PM
To: Graham, Charlie
Cc: Mall, Greg; Peschka, Mike
Subject: FW: Call from John Sommer

fyi - no action required for now from Field Operations, but please believe this is a very sensitive issue and we need to make sure that the highest level of attention is given to the UST Meters - Mike

-----Original Message-----
From: Lowry, Phil
Sent: Monday, August 20, 2001 3:57 PM
To: Craig, Rick
Cc: Cessac, Kenneth; Davis, Britt; Fossum, Drew; Miller, Mary Kay;
Herber, Stephen; Nelson, Michel; Thompson, Charlie
Subject: Call from John Sommer

John and I discussed a couple of Bushton Measurement issues today that I would like you to take a lead on.

* According to John, the difference between their PTR and our meters seems to be abnormal for April and May of this year.  He will designate a ONEOK expert to call Ken Cessac to discuss possible investigations to resolve, if possible.  I would include an examination of the Plant PTR process and not just a limitation to Ultrasonic Meter Issues.

* John has expressed a concern for the need to add further clarification to the Measurement Agreement.  He foresees some issues that may not be addressed in the agreement.  I told him that I thought it would be better to resolve these issues before they became a problem and agreed to listen to their concerns and work to resolve if possible.


--------- Forwarded message ----------
From: "Charita Lott" <clott@matrixservice.com>
To: "Willie montgomery" <wmontg@juno.com>
Date: Thu, 30 Nov 2000 11:53:47 -0600
Subject: FW: The Fork
Message-ID: <000601c05af6$7d6fafa0$4c7010ac@awilliams.matrixservice.com>

-----Original Message-----
From: Tiffiany Rose [mailto:trose@matrixservice.com]
Sent: Thursday, November 16, 2000 9:11 AM
To: Shayla Prater; Pamela Hayward Brooks; Lashawn Bass; Kesha Randle;
Charita Lott; Anthony Ray Chambers, Jr.; Andre'a Murrell
Subject: FW: The Fork

-----Original Message-----
From: The Oranges [mailto:orange23@corecomm.net]
Sent: Saturday, October 21, 2000 9:56 PM
To: Aaron T Orange; Abby Joseph; Andrea Fisher; Christopher Alverson;
Christopher Grove; Dana Kimbrough Nunes; Darren Shepard; Debra Buchanan;
Derek Murdock; Dr. Campbell; Dr. Jolene Wallace; Jake Green; Jennifer
Littles; Kevin Buie; KRice06@aol.com; LaDonna Walters; Les Mitchell
<lgm10@ daimlerchrysler.com>; Malcom Townes; Mark Crawford; Mike and Ife
Jacobs; Monica Henry; Montee Evans; Nathaniel Griffin; Opal Sykes
Wheeler; Regina Madison; Robert L. Orange; Rosalyn Smith; Rosalynn
Lenoir; Ruthie G. McEwen; Shawn Anthony Fields; Stephanie and Vernon
Lewis; Vernida Summers; Vernon and Crystal Murdock; Victor Murdock;
Wanda Jackson
Subject: The Fork

This is one I received from a friend in Hawaii, Enjoy!

> > > THE FORK
> >> >
> >> > There was a woman who had been diagnosed with a terminal illness
and
> had
> >> > been given three months to live.   So as she was getting her
things
> >> > "in order," she contacted her pastor and had him come to her house
to
> >> > discuss certain aspects of her final wishes.
> >> >
> >> > She told him which songs she wanted sung at the service, what
> scriptures
> >> > she would like read, and what outfit she wanted to be buried in.
The
> >> > woman also requested to be buried with her favorite Bible.
Everything
> >> > was in order and the pastor was preparing to leave when the woman
> >> > suddenly remembered something very   important to her. "There's
one
> >> > more thing," she said excitedly. "What's that?"came the pastor's
reply.
> >> > "This is very important," the woman continued. "I want to be
buried
> with
> >> > a fork in my right hand." The pastor stood looking at the woman,
not
> >> > knowing quite what to say. "That surprises you, doesn't it?" the
woman
> >> > asked. "Well, to be honest, I'm puzzled by the request," said the
> >> > pastor. The woman explained. "In all my years of attending church
> >> > socials and potluck dinners, I always
> >> > remember that when the dishes of the main course were being
cleared,
> >> > someone would inevitably lean over and say, 'Keep your fork'. It
was
my
> >> > favorite part because I knew that something better was coming...
like
> >> > velvety chocolate cake or
> >> > deep-dish apple pie. Something wonderful, and with substance! So,
I
> just
> >> > want people to see me there in that casket with a fork in my hand
and
I
> >> > want them to wonder "What's with the fork?". Then I want you to
tell
> >> > them: "Keep your fork....the best is yet to come." The pastor's
eyes
> >> > welled up with tears of joy as he hugged the woman good-bye. He
knew
> >> > this would be one of the last times he would see her before her
death.
> >> > But he also knew that the woman had a better grasp of heaven than
he
> >> > did. She KNEW that something better was coming. At the funeral
people
> >> > were walking by the woman's casket and they saw the pretty dress
she
> was
> >> > wearing another favorite Bible and the fork placed in her right
hand.
> >> > Over and over, the pastor heard the question "What's with the
fork?"
> And
> >> > over and over he smiled. During his message, the pastor told the
people
> >> > of the conversation he had with the woman shortly before she died.
He
> >> > also told them about the fork and about what it symbolized to her.
> >> >
> >> > The pastor told the people how he could not stop thinking about
the
> fork
> >> > and told them that they probably would not be able to stop
thinking
> >> > about it either. He was right. So the next time you reach down for
your
> >> > fork, let it remind you ever so gently, that the best is yet to
come.
> >> > Friends are a very rare jewel, indeed. They make you smile and
> encourage
> >> > you to succeed. They lend an ear, they share a word of praise, and
they
> >> > always want to open their hearts to us. Show your friends how much
you
> >> > care.
> >> >
> >> > Send this to everyone you consider a FRIEND even if it means
sending
it
> >> > back to the person who sent it to you.
> >> > And..................... keep your fork
>


OSM just called requesting we present them with a contract today, any chance
of making this happen ??

Tracy Ngo
12/07/2000 08:05 AM
To: Wendy Conwell/NA/Enron@ENRON
cc: Edward Sacks/Corp/Enron@Enron, John Malowney/HOU/ECT@ECT, Dave
Fuller/PDX/ECT@ECT
Subject: Oregon Steel Mills (OSM)

Wendy,

Please run the due diligence on Oregon Steel Mills.  We're looking at
presenting them both a financial and physical gas contract.  Once you've had
a chance to propose some credit terms, let's discuss.

Thanks,
Tracy

---------------------- Forwarded by Tracy Ngo/PDX/ECT on 12/07/2000 08:09 AM
---------------------------

John Malowney
12/04/2000 03:44 PM
To: Tracy Ngo/PDX/ECT@ECT, Shari Stack/HOU/ECT@ECT
cc:

Subject: Oregon Steel Mills (OSM)

We met with OSM and have another meeting scheduled for tomorrow to discuss
proposed structures hopefully to be followed by specific pricing.  We're
talking average monthly volumes of 7,300-7,500 MMBTU for approximately 6-8
months at a price around $10/MMBTU.  I'm sending you this as a "reminder", as
if and when we're able to agree upon pricing and a proposed structure we'll
need to "paper" it by weeks end.  At this time we could be going either
physically or financially.  Thanks,  John


Vince,
my rice e-mail address is sokolov@rice.edu

I will be checking it regularly during the next month.
My schedule for Decmber/January is as follows:

Last Day of Finals: December 18
First Day in the Office: December 29
Vacation Days: December 30 - January 15
Second Day in the Office: January 16

Jason Sokolov


TP2 is buying Spinnaker gas (deal 632998) from Gulf 1 at Zone 2 IF (deal
657407).  TP2 is selling the gas back to Gulf1 at IF plus variable cost (deal
657409) at St 45.  It is my understanding that the transport commodity rate
for gas from this well is $.02 plus fuel.  SO, I just changed the price on
deal 657409 from Z2 IF + .09 to Z2 IF + .045.  We should see about $68,000.00
move from TP2 to Gulf 1.


Ricki, no problem.  Let's also book 4194 for the day and I will talk to
the three people that have meetings in 4194 to let them know they
could use my office.   Are you OK with that?  Thanks. Lynn

From:	Ricki Winters/ENRON@enronXgate on 06/06/2001 09:17 AM
To:	Lynn Blair/ET&S/Enron@ENRON, Donna Scott/FGT/Enron@ENRON
cc:

Subject:	FW: PRC Meeting

Lynn & Donna, I will not release the Gas Control Conference room until Monday morning, just in case someone up there bumps us.

Thank you,
Ricki

 -----Original Message-----
From: 	Winters, Ricki
Sent:	Tuesday, June 05, 2001 3:05 PM
To:	Taylor, Gina; Blair, Lynn; Bryant, Mike; Corman, Shelley; Dietz, Rick; Holmes, Brad; January, Steven; Nacey, Sheila; Scott, Donna; Winters, Ricki
Cc:	Brown, Sharon; Garcia, Ava; Carrillo, Alma; Russi, Estalee
Subject:	PRC Meeting
Importance:	High

Please make note that the PRC Smoothing Process scheduled for Monday June 11th will start at 7:30 AM and conclude at 4:30 PM in EB42C1 (Gas Control Conference Room).  Also, I wanted to let you know that Shelley will be leaving briefly to attend Stan's staff meeting.

Thank you,
Ricki


Start Date: 4/28/01; HourAhead hour: 24;  No ancillary schedules awarded.
Variances detected.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042824.txt

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 24 / Preferred:   2.03 / Final:   2.00)
  TRANS_TYPE: FINAL
  LOAD_ID: PGE4
  MKT_TYPE: 2
  TRANS_DATE: 4/28/01
  SC_ID: EPMI


Cheryl:

Can you respond to Tom Spencer?

Thanks!

Marie

 -----Original Message-----
From: 	"Tom Spencer" <tspencer@aesc.com>@ENRON
Sent:	Thursday, November 01, 2001 9:10 AM
To:	Heard, Marie
Subject:	AES Eastern Energy ISDA Agreement

Marie,

Please update me on the status of our AES Eastern Energy ISDA Agreement
with Enron.

Thanks,

Tom Spencer

AES Odyssey
Phone: 607-216-3309
Fax: 607-256-2201


Please note that the highway rick is referring to is 14, not 15.

	Rick Suderman 02/16/2001 12:36 PM 	  To: Bob Jacobs/Long_Beach/Eott@Eott  cc: Bob Burleson/ET&S/Enron@ENRON, David Roensch/ET&S/Enron@ENRON, Diane Corbett/Long_Beach/Eott@Eott, John Will/ENRON@enronXgate, Kenneth Chow/ET&S/Enron@Enron, Kevin Hyatt/ET&S/Enron@Enron, Larry Garrett/Long_Beach/Eott@Eott, Randy Lagrimini/ENRON@enronXgate, Randy Rice/OTS/Enron@ENRON, Rich Jolly/ET&S/Enron@ENRON, Roy Hartstein/ENRON@enronXgate, Susan Ralph/Houston/Eott@Eott  Subject: Re: Gas Injection Project

This is summarizing the tour of the Mohave facility on that Larry Garrett and I attended yesterday.

The facility has the track, and room to off-load up to 90 rail cars at one time if necessary. There are three tracks running in parallel, with each track holding 30 cars each. Currently none of the track is being used. With this capacity, the need for storage will be minimal if any, but there is more than enough room to build storage if necessary.

As Bob stated, on this property there is two PG&E gas lines, Mohave gas line, the 30" El Paso Natural gas line also passes through the site. The High pressure Socal gas line does not appear to pass through the property but must be in the area somewhere, as the plant purchases gas to operate there heaters from Socal.

If any or all the company's who have lines in the area, PG&E, Mohave, El Paso, Socal, are interested in this project, this site is ideal. Paramount Refining is very receptive as the rail rack is currently not in service.

Who knows how much gas flows through this area? To give you some idea, this site is located on the 15 highway just south of the town Mohave. The ROW for the El Paso gas line (All American) passes through the site and crosses the 15 headed West.

	Bob Jacobs 02/01/01 03:58 PM 	  To: Randy Lagrimini/ENRON@enronXgate@ENRON  cc: Bob Burleson/ET&S/Enron@ENRON, David Roensch/ET&S/Enron@ENRON, Diane Corbett/Long_Beach/Eott@Eott, John Will/ENRON@enronXgate, Kenneth Chow/ET&S/Enron@Enron, Kevin Hyatt/ET&S/Enron@Enron, Larry Garrett/Long_Beach/Eott@Eott, Randy Rice/OTS/Enron@ENRON, Rich Jolly/ET&S/Enron@ENRON, Rick Suderman/Bakersfield/Eott@Eott, Roy Hartstein/ENRON@enronXgate, Susan Ralph/Houston/Eott@Eott  Subject: Re: Gas Injection Project

Gang,

Just spoke to a representative from Paramount Refining about setting up a tour to look at their Mojave facility.  They are very receptive and flexible about timing.  Please give me the most convenient date for this tour and I'll set it up.

For your information:  on their property PG&E has two 34" gas lines and Mojave has a 42" gas line.  Can anyone estimate the total flow through these 3 lines ?  My contact indicates that Paramount has unused rail capacity and plenty of space to construct tanks.

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