======================================================
                from Gilder Publishing
                  THE FRIDAY LETTER
     e-mailed weekly, for friends and subscribers
======================================================
               | http://www.gilder.com |

Issue 6.0/May 4, 2001

HEADLINES:
* The Week/Too Much of A Good Thing?
* Digital Power Report/The New New Chip
* In The American Spectator/Microstuck
* Storewidth 2001/No Bandwidth Bottleneck!
* Friday Letter Bonus/Neal Stephenson
* Letters to the Friday Letter
* Readings
* Conference Calendar
=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=
THE WEEK/Too Much of a Good Thing?

The specter of  "overinvestment" is haunting Wall Street like a bad
hangover on the morning after. A recent Business Week special report
entitled "Telecom Meltdown" describes the likely ripple effects--none of
them good--from too much capital chasing too few opportunities. A Barron's
piece on analyst Susan Kalla, the "Dr. Doom" of telecommunications, warns
investors away from the industry because of "too much capacity and
collapsing prices." And then there's any number of financial-page feature
articles, in newspapers running the gamut from the Sunday New York Times
to USA Today, with headlines borrowed from the obituary section.

The telecom overinvestment thesis implies that the capital markets badly
misjudged the size of the opportunity, and supplied crazed technologists
(we're being charitable) with too much money. The underlying premise is
that growth in demand for telecom services, which is driven by the growth
in network data traffic, will be much smaller than the companies, their
financiers, and their investors had originally anticipated. Kalla, for
example, expects annual growth in data traffic of 50% to 70% over the next
few years; industry bulls--us decidedly among them--see traffic doubling
every three to four months.

The bears' projections are based on historic growth rates--the
pre-Internet, pre-optical world. But the pace of technological change has
been staggering, both costs and prices are dropping precipitously, and
extrapolations based on previously-experienced patterns of demand will
prove well off the mark. As more and more enterprises adopt Internet-based
technologies that significantly lower the cost of moving data, the growth
in network traffic--and the demand for supporting services--will, as Epoch
Partners puts it, "spur previously undetectable demand //and// unleash
massive amounts of data."

On Wall Street, though, the pessimists are winning. Spurred on by the
well-publicized failures of Northpoint and Winstar, two
widely--followed-and hugely leveraged--new-era telecom providers,
investors have fled the whole new telecom sector. Prices stocks and bonds
alike are stuck in distressed territory.

Consider that an opportunity. Because at crunch times like now, market
dynamics cause the good to be lumped indiscriminately with the bad and the
ugly. When bond and stock mutual funds are hit with panic-mode
redemptions---as they have been for much of the past year or so--portfolio
managers don't have the luxury of drawing fine distinctions between, say,
flawed-business-plan CLECs on the one hand, and aggressive, well-managed
next generation IP carriers--say, Global Crossing--on the other. They sell
what they can, and prices fall across an entire sector. That's when
opportunity knocks.

~~~~~~~~~~~~~~~~~~~~
FROM THE DIGITAL POWER REPORT/The New New Chip
"Despite forty-plus years of post-transistor history, new semiconductors
and new applications for quantum technologies are often greeted with deep
skepticism by engineers and companies rooted in more traditional materials
and devices. There were gallium arsenide skeptics in the 1980s too-the
material seemed exotic, difficult, and daring, and it was. But today GaAs
is ubiquitous. In the early stages, every new semiconductor always seems
too difficult to work with, impossible to grow into defect-free crystals,
just not worth all the trouble. Then it's not quite impossible, but too
expensive. And then it gets cheap."
Peter Huber and Mark Mills see a new wave rising in May's Digital Power
Report, available online Friday. Subscribers log in at
http://www.powercosm.com.
~~~~~~~~~~~~~~~~~~~~
IN THE AMERICAN SPECTATOR/Microstuck

"Judge Judy, please don't break up Microsoft. We have them just where we
want them, stuck in a corner with wet paint drying around them. Clinton's
antitrust pinstripes may have sought their place in history by making
history of Microsoft. But strange as this may sound, an intact Microsoft
may well have done more than venture capital to create a continuum of
value in the technology world.

"I have never cashed a check from Microsoft, never owned the stock, could
care less if they like me or hate me. I do believe that the way they have
structured the PC and software market, rather than stifling innovation,
stimulates it. I also believe that a divided Microsoft is a dangerous,
hungry beast, while an intact Microsoft is stuck in a position where it
can do little harm and significant good."

Andy Kessler, our favorite California money manager, argues "Don't Break
Up Microstuck"  in May's American Spectator. Read the full text at
http://www.gilder.com  And subscribe at 50% off the cover price at
http://www.gilder.com/AmSpecSub.asp
~~~~~~~~~~~~~~~~~~~~~
STOREWIDTH 2001/No Bandwidth Bottleneck!
In response to technical troubles with the Webcast of Storewidth 2001, the
networking geeks at iBEAM have been working overtime. As a result,
original morning and afternoon segments have now been re-edited by
individual speech and panel, meaning smaller, more manageable files. In
addition, the 56k version has been adjusted to run more smoothly over AOL
dial-ups. Unfortunately, Mac users are out of luck; we've made the notice
on the registration page more emphatic to head off any further confusion.
For other problems, please call iBEAM tech support directly, at
800-773-3371.
Now the really good news: the Storewidth 2001 Webcast has been extended
through May. Passwords for unlimited viewing are available at $50 each, at
800-261-5307.
~~~~~~~~~~~~~~~~~~~~~~~~
FRIDAY LETTER BONUS/Neal Stephenson on Code

"A person who went into a coma before Microsoft was founded, and woke up
now, could pick up this morning's New York Times and understand everything
in it--almost:

"Item: the richest man in the world made his fortune from-what? Railways?
Shipping? Oil? No, operating systems. Item: the Department of Justice is
tackling Microsoft's supposed OS monopoly with legal tools that were
invented to restrain the power of Nineteenth-Century robber barons. Item:
a woman friend of mine recently told me that she'd broken off a (hitherto)
stimulating exchange of e-mail with a young man. At first he had seemed
like such an intelligent and interesting guy, she said, but then "he
started going all PC-versus-Mac on me."

"What the hell is going on here? And does the operating system business
have a future, or only a past?"

From "In the Beginning was the Command Line" by Neal Stephenson, whose
epic Telecosmic novels include "Snowcrash" and "Cryptomnicon." Read the
his essay on software at http://www.cryptonomicon.com/beginning.html
~~~~~~~~~
LETTERS TO THE FRIDAY LETTER

To The Editors:

Blaming the Fed for the recent revaluation of our markets is not overly
insightful. Too much capital was chasing too few investment opportunities,
supply and demand-Economics 101 remember? The Fed's actions allowed us to
descend in reasonably orderly fashion (it didn't happen in 21 days),
giving markets time to adjust, adapt and survive a monster that could have
destroyed our capital markets. Blaming the Fed for deflating the market is
as ludicrous as blaming people like George for inflating it. There was a
lot more to it.

Bruce R Lindahl

To the Editors:

Thank you for the true "bonus" of Ray Kurzweil's pr?cis. My first response
was awe at the disruptive paradigms shaping our future. But I also
realized that such explosive change disrupts predictability in general,
and thus the continued dominance of any one company. For someone holding
Telecosm stars such as JDSU, Kurzweil's piece is frightening.

My question: is there a way to involve subscribers such as me, so that we
all can all profit? Kurzweil's introduction states, "You will get $40
trillion just by reading this." I believe in that promise, but I cannot
see the opportunity! A Gilder mutual fund? A venture capital operation
comfortable for small investors? Otherwise, I benefit intellectually, but
the frustration is strong.

Harry Taylor

(Eds: We've certainly thought about it, but there's a built-in conflict
between independently analyzing companies-our stock in trade--and
directing investments. Look no further than the big Wall Street brokerage
houses. There are, however, a number of high-quality independent brokers
who offer Gilder-oriented advice. Our subscriber-services staff will be
happy to refer you to them.)
~~~~~~~~~~~~~~~
THIS JUST IN/Gilder.com Poll Results

Question: Will the Fed's rate cuts save the economy?

Yes! The bear market is dead--40%
No! We haven't hit bottom-32%.
Greenspan doesn't know what he is doing-28%

New question each week-weigh in at http://www.gilder.com
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READINGS

Raising $5 billion in 12 Hours
http://news.ft.com/ft/gx.cgi/ftc?pagename=View&c=Article&cid=FT3K3BIH9MC&live=true

King Kong Vs Godzilla
http://news.cnet.com/news/0-1005-200-5729530.html

Information Wants to Be Free
http://www.zdnet.com/zdnn/stories/news/0,4586,2713742,00.html

Stealth Platforms
http://dailynews.yahoo.com/h/nm/20010430/wr/media_web_piracy_dc_1.html

Chips Are Down
http://famulus.msnbc.com/famuluscom/reuters05-01-211256.asp?sym=JDSU#body

Gig E Rules
http://www.internetweek.com/indepth01/indepth050101.htm

Get Ready For .Biz
http://www.washtech.com/news/netarch/9406-1.html

Congress Wrestles With Net Taxes
http://www.wired.com/news/business/0,1367,43426,00.html

The Productivity Debate
http://abcnews.go.com/sections/business/DailyNews/WORK_productivity.html

DVD Busters
http://www.internetworld.com/news/archive/05022001c.jsp

FCC's Kennard Goes Private
http://www.thestandard.com/article/0,1902,24173,00.html?nl=mg

Between the Lines of Cisco's Class-Action Suit
http://www.zdii.com/industry_list.asp?mode=news&doc_id=ZE508316&pic=Y

Just Say Yes to Reg FD?
http://www.thestreet.com/comment/siliconstreet/1403517.html

Tax Havens Shelter Everyone
http://news.ft.com/ft/gx.cgi/ftc?pagename=View&c=Article&cid=FT3OUSFJ6MC&live=true

Can the Media Make a Recession?
http://www.mediabistro.com/spotlight/archives/01/04/06/
=-=-=-=-=-=-=-=-=-=-==-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-
GET THE GILDER TECHNOLOGY REPORT
Monthly, From the Heart of the Telecosm
http://www.gildertech.com
~~~~~~~~~~~~~~~~
GET NEW ECONOMY WATCH
Reshaping the Competitive Landscape
http://www.neweconomywatch.com
~~~~~~~~~~~~~~~~
GET THE DIGITAL POWER REPORT
Electrons Matter
http://www.digitalpowerreport.com
~~~~~~~~~~~~~~~~
GET DYNAMIC SILICON
Linking the Microcosm and the Telecosm
http://www.dynamicsilicon.com
~~~~~~~~~~~~~~~~
GET THE AMERICAN SPECTATOR
Online special--50% off cover price!
http://www.gilder.com/AmSpecSub.asp
=-=-=-=-=-=-=-=-=-=-==-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-
GILDER CONFERENCE CALENDAR

September 12-14, Telecosm V, Squaw Creek Resort, Lake Tahoe CA. The one
and only. Produced by Forbes Inc and Gilder Publishing. Details and
registration at http://www.forbes.com/conf/telecosm/agenda1.shtml

October 22-24, Powercosm 2001, Featuring Peter Huber and Mark Mills, The
Fairmont Hotel, San Francisco, CA Digital Power in the Silicon Age.
Register now at http://www.gilder.com/powercosm_forms/Conference.asp

October 24-26, New Economy 2001, The Millennium Broadway, NYC. A front-row
seat on the transformation of corporate value. Produced by Forbes Inc and
Gilder Publishing. Details and registration at
http://www.forbes.com/conf/neweconomy/agenda1.shtml
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---
You are currently subscribed to gilder-technology-report as: alewis@ect.enron.com
To unsubscribe send a blank email to leave-gilder-technology-report-661837S@earth.lyris.net


Brant,  Attached is a clean and redlined guaranty with the changes we agreed
upon.  We still need Hess' address for the notice section.  Sorry about the
delay.


CCH Internet service has improved greatly and easy to navigate and retrieve
documents.  I have requested 30 days free trial on FERC and SEC.  Please
evaluate the two titles and give me your feedback.   Please send me your
name, Legal group you are in, and titles( FERC or SEC or both) that you would
like to be included in the subuscription for 2001 by 12/30/2000.

Thanks,
Sylvia Hu
Corporate and Law Information Services
sylvia.hu@enron.com
713-853-6775

15 Free Trial IDs
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BFG INTERNET ENGINE : http://business.cch.com/network


Ditto Credit.

Shari


Ramesh,

Here is the reconciliation of the portfolios.  The third sheet shows what
books need to be added to Agg-gas and what needs to be added to Agg-Gasiv.

Thanks,
Robin

Ganapathy Ramesh
11/22/2000 11:29 AM
To: Robin Rodrigue/HOU/ECT@ECT, Nilay Basu/HOU/ECT@ECT
cc:
Subject: Agg-gasiv and agggas


I have read about the Super Maramu 2000 and note from your website that you
have a location on the Mediterranean in France.  I will be in Southern France
September 23 through 25.  Would it be possible to visit you in Hyeres during
that time?  Is an appointment necessary?

Mark Taylor
1322 Rutland Street
Houston, Texas  77008

(713)863-7190 (home)
(713)853-7459 (work)
(713)646-3490 (fax)


How about 9:30 or 10??MK

 -----Original Message-----
From: 	Rapp, Bill
Sent:	Monday, November 19, 2001 5:12 PM
To:	Pavlou, Maria; Miller, Mary Kay
Cc:	Kilmer III, Robert; Porter, Gregory J.; 'fkelly@gbmdc.com'; McConnell, Mark; Harris, Steven; Kirk, Steve
Subject:	RE: answer to cpuc protest

What's a good time for everyone? I'm open in the morning.

 -----Original Message-----
From: 	Pavlou, Maria
Sent:	Monday, November 19, 2001 4:55 PM
To:	Miller, Mary Kay; Rapp, Bill
Cc:	Kilmer III, Robert; Porter, Gregory J.; 'fkelly@gbmdc.com'; McConnell, Mark; Harris, Steven; Kirk, Steve
Subject:	RE: answer to cpuc protest

I think we could wind this up with a quick conference call tomorrow a.m.  Greg and I had some additional thoughts on how to handle the issue that this contract is not for 40% of primary capacity - it is not like an El Paso/Dynegy, Enron or El Paso deal without necessarily getting into the alternate issue of sham transactions.  Also, Kathy R. checked and as of today, IS have not filed a protest.  Maria

 -----Original Message-----
From: 	Miller, Mary Kay
Sent:	Monday, November 19, 2001 3:13 PM
To:	Pavlou, Maria; Rapp, Bill
Cc:	Kilmer III, Robert; Porter, Gregory J.; 'fkelly@gbmdc.com'; McConnell, Mark; Harris, Steven; Kirk, Steve
Subject:	RE: answer to cpuc protest

 Attached are some addtional comments and questions in regard to this answer.  MK

 << File: RP97-288cpucmk.doc >>

 -----Original Message-----
From: 	Pavlou, Maria
Sent:	Monday, November 19, 2001 11:18 AM
To:	Rapp, Bill
Cc:	Kilmer III, Robert; Porter, Gregory J.; Miller, Mary Kay; 'fkelly@gbmdc.com'; McConnell, Mark; Harris, Steven
Subject:	answer to cpuc protest

Bill, attached are a few comments/questions on your proposed draft answer, which I thought was excellent.  We might want to discuss some of these questions with the ccs.  Thanks, Maria

 << File: RP97-288cpuc.doc >>


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 12/01/2000
04:16 PM ---------------------------
From: Shalesh Ganjoo@ENRON COMMUNICATIONS on 11/07/2000 10:03 AM
To: Vince J Kaminski/HOU/ECT@ECT, Stinson Gibner/HOU/ECT@ECT
cc: gappy@stanfordalumni.org, Martin Lin/Contractor/Enron
Communications@Enron Communications, Shalesh Ganjoo/Contractor/Enron
Communications@Enron Communications
Subject: Technical Survey

Gentlemen,

We are attaching below a document on Internet Protocol (IP) written by
Martin.  We hope you will find it informative and provide us with some feed
back to improve it.  Shalesh is still working on documents for fiber optics
and storage.  We felt that they were not complete and therefore not ready for
review.  We hope to have them ready for your review soon.  In the mean time
we would appreciate any comments you may have about the IP document.  Thank
you.

Sincerely,

Shalesh and Martin


IN THE LEAD: Ranking Systems Gain Popularity but Have Many Staffers Riled
By Carol Hymowitz

05/15/2001
The Wall Street Journal
B1
(Copyright (c) 2001, Dow Jones & Company, Inc.)

MANY CHIEF EXECUTIVES, from General Electric's Jack Welch to Enron's Jeffrey
Skilling and Ford's Jacques Nasser, swear by the process. Many of their
employees swear about it.
It is known as the performance review ranking system and it requires managers
to rank employees against each other on a bell curve. At GE, which has used
the system for several years, this means that 20% of salaried, managerial and
executive employees are rated outstanding each year, 70% "high-performance
middle" and 10% in need of improvement.
At Enron, where some have nicknamed the system "rank and yank," employees are
put in one of five categories: 5% are identified as superior, 30% excellent,
30% strong, 20% satisfactory and 15% "needs improvement."
And Ford, which began using rating systems last year, dictates that 10% of
the auto maker's 18,000 managers will get A grades, 85% Bs and 5% Cs.
(Initially, it asked for 10% Cs.) Those who receive a second consecutive C
can be fired.
Executives who aim to improve their staffs' performance and weed out deadwood
say the grading systems force their managers to frankly assess and inform
employees about their work, and chances for promotions. Otherwise, they say,
managers tend to push along poor performers with deceptively inflated
reviews.
"Not removing that bottom 10% early in their careers is . . . a form of
cruelty because inevitably a new leader will come along and take out that
bottom 10% right away, leaving them, sometimes midway through their careers,
stranded," GE Chairman Mr. Welch wrote in his annual letter to shareholders
in February.
THE GRADING SYSTEMS, however, are based on subjective judgments and often
produce skewed results, critics say. Employees who belong to a particularly
talented or productive unit, for example, may receive poorer grades than they
would get in a less-talented unit. And while employees who are either
outstanding or weak usually stand out, trying to strictly quantify each group
can be a problem. "Once you start attaching a number or percentage to this
group, they no longer fit the definition of exceptional," says Mary Jenkins,
a Brighton, Mich., business consultant.
At the same time, trying to distinguish among the vast majority of employees
in the middle who rates a three and who rates a four, for example, may be
impossible. "There's an assumption that a manager can know the precise
performance level of an employee, when this sort of ranking is really a very
subjective judgment that depends on many factors," says Tom Coens, an East
Lansing, Mich., labor attorney and co-author with Ms. Jenkins of the book
"Abolishing Performance Reviews."
Among these factors are a manager's own biases about the qualities he values,
and the fact that management is so often in transition. Also, ranking by a
single grade tends to blur the range of talents and deficits within one
person.
Moreover, the grading systems pit employees against each other, undermining
teams, which are often intentionally put together with varying talents in
mind. In Internet chat rooms, scores of employees complain they've been
graded unfairly, feel angry and unappreciated, and don't want to collaborate
with co-workers with higher grades.
The grading systems also have triggered employee lawsuits at Ford, Conoco and
Microsoft. One class-action lawsuit filed against Ford in February alleges
that the grading system discriminates against older workers. A second suit
alleges it discriminates against older white males.
DEFENDING THE SYSTEM as fair and necessary in a competitive industry, Anne
Marie Gattari, a Ford spokeswoman, says that in the past employees "weren't
given honest and frank feedback that they could use to improve themselves. It
wasn't a good system for them as much as it wasn't a good system for the
company." But some Ford employees in their 50s and older who received Cs
believe the grading system is a way to get rid of them.
"They've gotten excellent written evaluations for years and all of a sudden
they get a C," says Michael Pitt, a Royal Oak, Mich., attorney who is
representing nine Ford employees.
Even employees who have received high grades question their value. Steve
Carpinelli, a former research analyst at EDS, says he was graded in the top
1% of his peers, yet was laid off about 18 months ago when the company cut
staff and dissolved his business unit. "It was confusing because no one ever
clearly communicated what the ratings would be used for," he says.
An EDS spokesman, noting that more than 13,000 jobs were cut in the
reorganization, said, "Unfortunately, even for some good employees, there
were not always other positions available."
Defenders of grading systems acknowledge that their fairness and usefulness
depend largely on how they are implemented. GE initially assigned employees
one of five grades but streamlined that into three grades. "We had a system
where 90% of employees felt demoralized," says Bill Conaty, senior vice
president of human relations.
GE tries to make sure the bulk of managers who fall in the middle ranks don't
feel demoralized by rewarding many of them with stock options. "These people
may not be highly promotable but they may be your best plant manager or your
best design engineer," he says.
---
E-mail comments to inthelead@wsj.com. To see other recent columns, go to
CareerJournal.com.

Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.


See Attached


This meeting was based on Rick Causey's schedule - rescheduled again 8/14/01 Shirley.

cv


---------------------- Forwarded by Randall L Gay/HOU/ECT on 07/18/2000 11:39
AM ---------------------------

ANITAREED@aol.com on 07/18/2000 11:04:42 AM
To: Randall.L.Gay@enron.com
cc:
Subject: Final for Kathleen, Fwd: Islander

And here's Mike's response.  After you two talk, please let me know the
outcome.

Anita

Content-Transfer-Encoding: 7bit
Return-path: <Mkbass1@aol.com>
From: Mkbass1@aol.com
Full-name: Mkbass1
Message-ID: <34.80a8ee6.26a5b3f3@aol.com>
Date: Tue, 18 Jul 2000 09:21:55 EDT
Subject: Re: Islander
To: ANITAREED@aol.com
MIME-Version: 1.0
Content-Type: text/plain; charset="US-ASCII"
X-Mailer: AOL 5.0 for Windows sub 119

In a message dated 7/18/00 8:10:12 AM Central Daylight Time, ANITAREED writes:

>
>
The new article has no political overtures. It is strictly status info.

Mike Bass


Chris and Scott--Here are CES's final May '00 baseload FOM volumes.   Please
call me if you have questions/problems.

Please note the increase in the Transco ESS storage injection for May.

Thanks.

Doug Kinney
Ph:  703-561-6339
Fax:  703-561-7317

 - May00_FOM_Final.xls.xls


Please print the message below.  Thank you.

 -----Original Message-----
From: 	adrian.montague [mailto:adrian.montague@socgen.co.uk]
Sent:	Friday, February 09, 2001 5:35 PM
To:	James.derrick
Subject:

Jim, I promised you some contact details.

Although I'm a little late with formal notification, as from the beginning of
the year I joined Societe Generale on a part-time basis.  I'm a Senior
International Adviser which means I do pretty much anything I want to turn my
hand to.  Jay Worenklein, who's the Global Head of Project Finance in New York,
is an old friend and we have always said that it would be fun to work together
if the opportunity ever arose.

In parallel with the SG role, I am continuing with the two roles for the British
Government I had previously mentioned to you: as adviser to the Deputy Prime
Minister and the Minister of Transport on the use of private finance in the
transport sector, and as non-executive Deputy Chairman of Partnerships UK, the
new merchant bank cum project developer the Government has formed to take
forward its well-known private finance programme.  So you can see that I've
finally ended up with the sort of portfolio we were discussing last fall.

Contact details are as follows:

Mobile              44 7802 655 605

At Partnerships UK  44 20 7273 8341 (direct)
               44 20 7273 8357 (my personal secretary - Carole James- who can
usually be relied upon to know where I am)
               44 20 7273 8383 (switch)
               44 20 7273 8367     (fax)
               e-mail:  adrian.montague@partnershipsuk.org.uk

At Societe Generale 44 20 7676 6821 (direct)
               44 20 7676 6881 (Nicola White - who tends to now where I am when
I'm at SG, or is a good point of call if Carole is not there)
               44 30 7676 6000 (switch)
               44 20 7667 2487 (fax)
               e-mail: as above

Since I move between offices a fair amount, if you send an e-mail, it's best to
send to both addressed at once.

All the best

Adrian

********************************************************************************************
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be distributed without our consent. If you are not the intended recipient, please
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Good solution - and you are right, this falls under our normal Educational Assistance program.  Thanks for the update.  --Sally

 -----Original Message-----
From: 	Apollo, Beth
Sent:	Monday, May  7, 2001 12:54 PM
To:	Beck, Sally
Cc:	McLoughlin, Hector
Subject:	vanessa Schulte

Just to keep you in the loop.  I have encouraged here not to go for the "Executive Program" but to go for a regular MBA at U of H  -- there will be no time off of work, it is an evening/weekend program.

I am in the process of filling out a reference form for her.

My understanding is that this falls under the normal Enron Educational assistance program and we don't have to get any other approvals.

Is this the correct approach?

Beth


Meter 1601    last deal 412219 for 10/00 flowed 11/9

 Meter 5192  last deal 454057 for 10/00. flowed 11/3-4


Yes, lets continue to have the pre-meetings formerly known as Mike's every
Mon. at 8:30 (pls put on my calendar Emily).  I'll be in Houston this Monday
so just come to my office at 8:30 if you are both here.  Dot, pls cover the
staff meeting on Monday, April 9 as I'll be on vacation.  Also, pls cover the
Derrick large GC meeting at 9:00 am on April 12 as I'll be at NN's Keyex
meeting in Cal.  (I may be able to call in to this but would like you to
cover anyway in case something goes haywire). Thanks df

From: Dorothy McCoppin/ENRON@enronXgate on 03/29/2001 04:39 PM
To: Emily Sellers/ENRON@enronXgate
cc: Drew Fossum/ET&S/Enron@ENRON

Subject: Mon morning pre-ETS staff meetings

 If Mike has "checked out", will he then not be here on Monday at 8:30 for
pre-Stan meeting, or what?  Should I just
 call Drew?   When?


Here are the sellers and amounts

American Electric Power Service Corp. (AEP </investments/quotes/?symbol=AEP>,
news </investments/news/?symbol=AEP>, msgs
</investments/discuss/?symbol=AEP>): $22.9 million
Arizona Public Service Co. (PNW </investments/quotes/?symbol=PNW>, news
</investments/news/?symbol=PNW>, msgs </investments/discuss/?symbol=PNW>):
$24.6 million
Aquila Power Corp. (ILA </investments/quotes/?symbol=ILA>, news
</investments/news/?symbol=ILA>, msgs </investments/discuss/?symbol=ILA>):
$28 million
Avista Energy Inc. (AVA </investments/quotes/?symbol=AVA>, news
</investments/news/?symbol=AVA>, msgs </investments/discuss/?symbol=AVA>):
$48 million
Automated Power Exchange: $16 million
British Columbia Power Exchange Corp: $439 million
Calpine Corp. (CPN </investments/quotes/?symbol=CPN>, news
</investments/news/?symbol=CPN>, msgs </investments/discuss/?symbol=CPN>):
$236 million
Constellation Power Source Inc. (CEG </investments/quotes/?symbol=CEG>, news
</investments/news/?symbol=CEG>, msgs </investments/discuss/?symbol=CEG>):
$7.8 million
Cargill-Alliant LLC: $1.4 million
Citizens Power Sales: $557,000
Coral Power, LLC,. a unit of Shell Oil (RD </investments/quotes/?symbol=RD>,
news </investments/news/?symbol=RD>, msgs </investments/discuss/?symbol=RD>):
$27 million
Duke Energy Corp. (DUK </investments/quotes/?symbol=DUK>, news
</investments/news/?symbol=DUK>, msgs </investments/discuss/?symbol=DUK>):
$804 million
Dynegy Inc. (DYN </investments/quotes/?symbol=DYN>, news
</investments/news/?symbol=DYN>, msgs </investments/discuss/?symbol=DYN>):
$530 million
Enron Corp. (ENE </investments/quotes/?symbol=ENE>, news
</investments/news/?symbol=ENE>, msgs </investments/discuss/?symbol=ENE>):
$39 million
El Paso Corp. (EPG </investments/quotes/?symbol=EPG>, news
</investments/news/?symbol=EPG>, msgs </investments/discuss/?symbol=EPG>):
$29 million
El Paso Power Electric Co. (EE </investments/quotes/?symbol=EE>, news
</investments/news/?symbol=EE>, msgs </investments/discuss/?symbol=EE>):
$24,475
Hafslund Energy Trading LLC: $712,528
Idaho Power (IDA </investments/quotes/?symbol=IDA>, news
</investments/news/?symbol=IDA>, msgs </investments/discuss/?symbol=IDA>):
$28 million
Koch Energy Trading: $2.5 million
Los Angeles Department of Water and Power: $75 million
MDSC: $24 million
Mieco Inc.:$1.6 million
Morgan Stanley Capital Group (MWD </investments/quotes/?symbol=MWD>, news
</investments/news/?symbol=MWD>, msgs </investments/discuss/?symbol=MWD>):
$124,644
NewEnergy Inc.: $1.5 million
Nevada Power Co. (SRP </investments/quotes/?symbol=SRP>, news
</investments/news/?symbol=SRP>, msgs </investments/discuss/?symbol=SRP>):
$9.1 million
PacifiCorp: $65 million
PECO Energy Co. (EXC </investments/quotes/?symbol=EXC>, news
</investments/news/?symbol=EXC>, msgs </investments/discuss/?symbol=EXC>):
$4.2 million
Portland General Electric (ENE </investments/quotes/?symbol=ENE>, news
</investments/news/?symbol=ENE>, msgs </investments/discuss/?symbol=ENE>):
$44 million
Public Service Co. of Colorado: $14.1 million
Public Service Co. of New Mexico (PNM </investments/quotes/?symbol=PNM>, news
</investments/news/?symbol=PNM>, msgs </investments/discuss/?symbol=PNM>):
$15.5 million
Puget Sound Energy: $24 million
Reliant Energy Inc. (REI </investments/quotes/?symbol=REI>, news
</investments/news/?symbol=REI>, msgs </investments/discuss/?symbol=REI>)
$750 million
Mirant Corp. (MIR </investments/quotes/?symbol=MIR>, news
</investments/news/?symbol=MIR>, msgs </investments/discuss/?symbol=MIR>),
formerly Southern Co., $753 million
*Sempra Energy Trading Corp. (SRE </investments/quotes/?symbol=SRE>, news
</investments/news/?symbol=SRE>, msgs </investments/discuss/?symbol=SRE>):
$82 million (this number has been wiped out by the ISO)
Sierra Pacific Power Co. (SRP </investments/quotes/?symbol=SRP>, news
</investments/news/?symbol=SRP>, msgs </investments/discuss/?symbol=SRP>):
$23 million
TEK: $11 million
Tuscon Electric Power: $1.1 million
UPA: $131,715
Winston and Strawn: $11,917
Williams Cos. (WMB </investments/quotes/?symbol=WMB>, news
</investments/news/?symbol=WMB>, msgs </investments/discuss/?symbol=WMB>)
$860 million
Total FERC jurisdictional sellers: $4.7 billion
*Total without SETC/SDG&E: $4.6 billion
Total FERC and Non-FERC sellers: $6.7 billion
*Total without SETC/SDG&E: $6.6 billiion
Total March-May overcharges: $2.3 billion

 -----Original Message-----
From:  Tribolet, Michael
Sent: Tuesday, June 26, 2001 7:35 AM
To: Williams, Robert C.; Mellencamp, Lisa; Shapiro, Richard; Steffes, James;
Kingerski, Harry; Mara, Susan; Dasovich, Jeff
Subject: Article

Much Calif Power Price Gouging Beyond FERC's Reach -ISO
Updated: Monday, June 25, 2001 06:59 PM ET   Email this article to a friend!
 Printer-friendly version

By Jason Leopold

Of DOW JONES NEWSWIRES

LOS ANGELES (Dow Jones)--Federal energy regulators only have the authority to
order refunds for about a third of the $9 billion California Gov. Gray Davis
claims energy companies have overcharged the state in the 12 months to May
2001, documents from the state's wholesale market operator show.

Of the total, $2.9 billion came from the May-September period the Federal
Energy Regulatory Commission has said it can't act on, and $2.8 billion from
the October-May period is attributable to municipal utilities over which FERC
lacks jurisdiction, according to documents from the California Independent
System Operator.

That leaves just $3.3 billion in alleged overcharges that FERC could
potentially order refunded - far less than the $9 billion Davis seeks.

Talks between generators and state officials to settle billions of dollars in
unpaid bills and issues of overcharging began Monday. Curtis Wagner, the FERC
administrative law judge presiding over the talks, has said California will
likely see refunds from generators, but far less than the $9 billion Davis
expects.

Davis said Sunday California is going to Washington, D.C., "with one goal,
and that is to bring back $9 billion."

Nearly half that amount is attributable to municipal utilities, the ISO
documents show. The ISO said the Los Angeles Department of Water and Power,
for example, overcharged California $75 million between May and October.

David Freeman, the governor's chief energy adviser and the former general
manager of the LADWP, said the agency didn't overcharge the state, but
conceded it profited by selling spare power to the ISO.

Davis adviser Nancy McFadden said the state needs FERC to lay the groundwork
for the state to seek refunds from public utilities by ordering refunds from
corporate energy suppliers.

But during a conference call Sunday with reporters, McFadden and Davis press
secretary Steve Maviglio couldn't explain how the governor would go about
getting refunds from companies whose wholesale power prices aren't regulated
by FERC.

Davis testified before the U.S. Congress last week that generators
overcharged the state $9 billion and that FERC should order the refunds.

State Sen. Jim Brulte, R-Rancho Cucamonga, has asked for an investigation
into Davis's testimony, saying the figures were based on "shaky
calculations."

To come up with its conclusions, the ISO compared hourly market prices
received by sellers to an estimate of market prices that could have been
expected under competitive market conditions.

The ISO established a benchmark for what it determined was competitive - at
times about $125 per megawatt-hour to $200/MWh, a fraction of actual prices
in the market - based on the cost of natural gas and compliance with
air-quality rules.

The ISO, however, typically used the price of gas at California's northern
border, according to the documents. Generators paid a higher price for the
fuel in Southern California, raising the cost of making electricity.

The ISO also used reports of earnings by the state's "Big Five" power
suppliers during 2000 - earnings that for some quadrupled - to draw the
conclusion that generators overcharged the state, according to the documents.

The ISO attributed high power prices in part to the state's three largest
utilities' failure to buy the power they needed in advance, leaving the grid
operator to pick up the shortfall at the last minute, according to the
documents.

The ISO alleges the following companies overcharged the state by the listed
amounts between May 2000 and February:


Enron in Action can be accessed through the new Community Relations web site at http://cr.enron.com/eia.html .  In this week's issue you will find out information regarding:

Enron Happenings
BEAR Holiday Fundraiser
2001 Holiday Shopping Card benefiting the American Cancer Society
Enron Kids 2001 Holiday Program
Support the Museum of Natural Science at the Crate & Barrel Opening Night Preview Party
Enron Night with the Houston Aeros
Free Carwashes for Enron Employees
American Heart Association "Heart Walk"

Enron Volunteer Opportunities
Volunteer for the 2001 Nutcracker Market "A World of Holiday Shopping"

Enron Wellness
CPR/First Aid Training
Mammogram Screening
November is Lung Cancer Awareness Month

Involved Employees
Par "Fore" Pets Golf Tournament

In addition, Enron in Action is available through a channel on my.home.enron.com.  To add this channel to your set-up click on the channels link at the top of the screen and under announcements check the Enron in Action box.

If you wish to add an announcement to Enron in Action, please fill out the attached form below and submit it to mailto:eia@enron.com no later than 12 PM Thursday each week.


It is a CompareRite document.  If you "view" it in email, then you can save
it as a Word document.  If this doesn't work, let me know and I'll create a
Word doc.

Kay

From: Randy Pais on 02/05/2001 10:47 AM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: Re: Co Op City EPC contract

Kay thanks for sending this to me.  Unfortunately I am having difficulty
opening the document.  Was it written in something besides Word?.  Randy


---------------------- Forwarded by Mark Breese/HOU/ECT on 04/24/2001 11:22 AM ---------------------------

	Enron Capital Management  From:  Mark Breese                           04/24/2001 10:54 AM

To:	Bryant Frihart/ENRON@enronXgate, Sylvia S Pollan/Enron@EnronXGate, Laura Luce/Corp/Enron@Enron, Russell E Murrell/Corp/Enron@Enron@ECT, Di Mu/Enron Communications@Enron Communications, Gregg Penman/Corp/Enron@Enron@ECT, Cary M Carrabine/Corp/Enron@Enron@ECT, Robin Barbe/HOU/ECT@ECT, Ruth Concannon/HOU/ECT@ECT, Phil DeMoes/Corp/Enron@ENRON, Tammi DePaolis/Corp/Enron@ENRON, Nelson Ferries/Corp/Enron@ENRON, John Hodge/Corp/Enron@ENRON, David Jones/NA/Enron@ENRON, Gil Muhl/Corp/Enron@ENRON, John M Singer/Corp/Enron@ENRON, Maureen Smith/HOU/ECT@ECT, John Craig Taylor/HOU/ECT@ECT, Frank W Vickers/NA/Enron@Enron, Stephanie Miller/Corp/Enron@ENRON, Philip Polsky/NA/Enron@Enron, Kim Ward/HOU/ECT@ECT, Barry Tycholiz/NA/Enron@ENRON, Thomas A Martin/Enron@EnronXGate, Janet H Wallis/Enron@EnronXGate
cc:	Joseph Deffner/Enron@EnronXGate, Tanya Rohauer/Enron@EnronXGate, Louise Kitchen/HOU/ECT@ECT, Ed McMichael/HOU/ECT@ECT
Subject:	Structure for Storage Loans / Deferred Payment Deals

The memo attached summarizes a structured deal that the market has shown some interest.

Essentially, this deal allows an LDC to defer payment for gas and avoid carrying costs (which may result in a dollar for dollar benefit to your customer's bottom line).

We have done two of these deals to date.  ENA has interest in additional deals (albeit not an infinite appetite) if the structure allows us to move them off the balance sheet.

Please review the memo and target any of your customers that may have an interest.

Each deal will require a new quote from credit and from the cost of funds group.  Gas structuring is set up to structure these deals and develop them through to execution.

Please call me with any questions at x36751


that's not fair and i'm about to kill myself

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 10:50 AM
To:	Nelson, Michelle
Subject:	RE:

nope you have to say yes first

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 10:47 AM
To:	Maggi, Mike
Subject:	RE:

let's hear the explanations first

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 10:42 AM
To:	Nelson, Michelle
Subject:	RE:

can we make it a weekend

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 10:37 AM
To:	Maggi, Mike
Subject:	RE:

give me the explanations and i will think about it

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 10:37 AM
To:	Nelson, Michelle
Subject:	RE:

is that a yes

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 10:35 AM
To:	Maggi, Mike
Subject:	RE:

i can't wait to hear those.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 10:35 AM
To:	Nelson, Michelle
Subject:	RE:

i promise if you are serious i will come up with the explanations

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 10:34 AM
To:	Maggi, Mike
Subject:	RE:

i'm supposed to go to ny with your for one day and you haven't given me a reason why or an explanation for anyone.  keep up charlie brown.  and you didn't answer me about hiring someone!  what does that mean?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 10:32 AM
To:	Nelson, Michelle
Subject:	RE:

what do you mean, you are worth it for one day

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 10:29 AM
To:	Maggi, Mike
Subject:	RE:

that's not a good enough reason!  you are worth it for one day!

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 10:28 AM
To:	Nelson, Michelle
Subject:	RE:

because its with me

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 10:28 AM
To:	Maggi, Mike
Subject:	RE:

you tell me why and i will seriously think about it.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 10:27 AM
To:	Nelson, Michelle
Subject:	RE:

i think going to ny is in your best interest

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 10:15 AM
To:	Maggi, Mike
Subject:	RE:

see you cannot be trusted.  and how is that looking out for your best interests?  should you change your thinking sir?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 10:13 AM
To:	Nelson, Michelle
Subject:	RE:

youre right, im sorry, i think i was looking out for me

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 10:10 AM
To:	Maggi, Mike
Subject:	RE:

why would you want to do that?  how is that looking out for me?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 10:10 AM
To:	Nelson, Michelle
Subject:	RE:

i think so

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 10:09 AM
To:	Maggi, Mike
Subject:	RE:

are you trying to get me in trouble charlie brown?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 10:08 AM
To:	Nelson, Michelle
Subject:	RE:

really?

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 10:07 AM
To:	Maggi, Mike
Subject:	RE:

you find me the explanation to all and i will find the day!

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 10:06 AM
To:	Nelson, Michelle
Subject:	RE:

i am serious, you can find one day

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 9:59 AM
To:	Maggi, Mike
Subject:	RE:

are you being serious?  i am not my own boss you forget.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 9:58 AM
To:	Nelson, Michelle
Subject:	RE:

you tell me, my schedule is pretty open

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 9:57 AM
To:	Maggi, Mike
Subject:	RE:

ok when?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 26, 2001 9:54 AM
To:	Nelson, Michelle
Subject:	RE:

cant we just go for one day

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 26, 2001 9:51 AM
To:	Maggi, Mike
Subject:

they are lighting the tree on wednesday in ny!  we are going to miss it.


Come look.

From: Suzanne Adams@ECT on 02/06/2001 12:19 PM
To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: Re:

I specifically told them to put it behind your door.  When the guy got here,
Becky Spencer called me and asked me again where to put it BEHIND THE DOOR.
My god!

	Kay Mann@ENRON
	02/06/2001 12:12 PM

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

They put it in the middle of the wall.  Please have them come back and put it
behind my door.

Thanks,

Kay

From: Suzanne Adams@ECT on 02/06/2001 09:41 AM
To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: Re:

I have put in the request, and someone should hang your white board today.

	Kay Mann@ENRON
	02/06/2001 07:51 AM

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

Hi there,

Please get someone to hang my white board behind my door.

Thanks,

Kay


Dear Mike,

This e-mail is automated notification of the availability of your
current Natural Gas Intelligence Newsletter(s). Please use your
username of "mgrigsby" and your password to access

       NGI's Daily Gas Price Index

       NGI's Weekly Gas Price Index

       Natural Gas Intelligence, the Weekly Newsletter

  http://intelligencepress.com/subscribers/index.html

If you have forgotten your password please visit
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If you would like to stop receiving e-mail notifications when your
publications are available, please reply to this message with
REMOVE E-MAIL in the subject line.

Thank you for your subscription.

Remember, GasMart/Power 2001 is in Tampa, Florida, May 9-11, 2001.
Keep your finger on the pulse of the while networking with colleagues
and discussing industry issues.

Visit www.gasmart.com to register and for more information.

For information about other Intelligence Press products and services,
including maps and glossaries visit our web site at
http://intelligencepress.com or call toll-free (800) 427-5747.

ALL RIGHTS RESERVED. (c) 2001, Intelligence Press, Inc.
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Steve and Cindy,

Please see attached.

Suzanne


The draft of the memo looks good.  However, your memo says that the memo will
be sent to all US employees of ENA.  ENA by definition includes Canada and
Mexico.  Therefore, please send the memo to all ENA employees, not just those
in the US.  Several of those referenced in the memo as being promoted work in
our Calgary office, so the memo should certainly be sent to those employees
in Calgary.  I am at x35926 if you have any questions.


Richard,

 Compare your california production to the numbers in the 2000 California Gas
Report.  It shows 410.  But again that might be just what the two utilities
receive.


Richard,

The attached is the latest and greatest dealsheet and is what is completed and submitted to CSC to enroll customers for physical serve.  Let me know if you have any questions.

Rebecca


-----Original Message-----
From: 	Lambie, Chris
Sent:	Thursday, November 29, 2001 7:37 AM
To:	Dorland, Chris
Subject:	FW: position

 -----Original Message-----
From: 	dora.sung@americas.bnpparibas.com@ENRON
Sent:	Wednesday, November 28, 2001 4:55 PM
To:	Lambie, Chris
Subject:	position

Chris:

Attached are our basis positions with Enron in the West.  Would you please pass
it to Frank as well.

Thanks again for you help.

Cheers,

Dora

(See attached file: enronwest.xls)

_____________________________________________________________________________________________________________________________________

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Toute utilisation de ce message non conforme a sa destination, toute diffusion ou toute publication, totale ou partielle, est interdite, sauf autorisation expresse.

L'internet ne permettant pas d'assurer l'integrite de ce message, BNP PARIBAS (et ses filiales) decline(nt) toute responsabilite au titre de ce message, dans l'hypothese ou il aurait ete modifie.
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The internet can not guarantee the integrity of this message. BNP PARIBAS (and its subsidiaries) shall (will) not therefore be liable for the message if modified.
_____________________________________________________________________________________________________________________________________

 - enronwest.xls


Advisors, presented below is a memo from GPG Houston requesting that we
provide to them the number of ETS employees in each team who have taken
advantage of the one year free membership with The Nature Conservancy.
Apparently there is some concern that employees are not taking advantage of
the opportunity which has been provided for them to get involved with an
organization that has some benefit towards wildlife and habitat preservation
and enhancement.  Should an employee desire to sign up for the one year free
memebership, the Conservancy the web address is www.tnc.org.  You can click
the button that says "Become a member" and sign up for the annual membership
at that time.  At the request of Mr. John Shafer, please provide to me a
total by  team of the number of individuals which have signed up with the
Nature Conservancy by the end of the month.

Your assistance in this is greatly appreciated
---------------------- Forwarded by Larry Campbell/ET&S/Enron on 07/19/2001
03:28 PM ---------------------------

	From:  Rick Loveless                           07/19/2001 03:16 PM

To: Dan Holli/Belfield/Eott@Eott, Ron Beidelman/ET&S/Enron@ENRON, Leo
Nichols/ET&S/Enron@ENRON, Ruth Jensen/NPNG/Enron, Mike
Riedel/ET&S/Enron@ENRON, Larry Campbell/ET&S/Enron@ENRON, Kyle
Purvis/GCO/Enron@ENRON, Jacob Krautsch/GCO/Enron@ENRON, David
Parham/GCO/Enron, Allan Schoen/Remote/Eott@Eott
cc:

Subject: TNC Membership

On a conference call on Wednesday concerning the ETS/TNC partnership, John
Shafer was concerned about the numbers of ETS employees signing up for the
free membership program.  John ask that I contact each of the DES's and
coordinate with them the contact of members of all ETS teams to encourage
them to take advantage of the free membership.  The thought is once the team
members receive the material concerning The Nature Conservancy (TNC) they
might as individuals or as teams be encourage to participate actively in the
programs.

Phil Lowry endorses the program and has agreed for ETS to pay the first years
membership.  It would probably be correct to contact your Regional Directors
and Advisors prior to contacting the teams.  John Shafer would like to see
100 % participation in the program.

I understand we all have busy schedules, so if you don't have time, I would
be happy to make the contact for you.  John asked that I track these numbers
for reporting to him on our next conference call (probably in September).
Could I get the team names and the number of employees that have elected to
participate.

In advance thank you for your time and effort in this matter.  Again I would
be happy to make the contacts for you.


Steve - In response to your previous questions regarding customers behind SWG.  SWG's largest customers are power plants.

	Nevada Power (still owns generation)
	El Dorado (Reliant and Sempra)
	Nevada Cogen Assoc. (NCA1 & 2) (partially owned by Texaco)
	Saguro Power Plant (NRG partially owns)
	Las Vegas Cogen (Enron involved?)

Parties who are either planning to build new power plants or are already building power plants in the Southern Nevada area include
Mirant
Reliant
Calpine
PG&E

APS/Pinnacle West was among the buyers of one of Nevada Power's plants before dereg in NV was postponed.

Please let me know if you need other info.

Lorraine


Thank you to everyone who participated in the XMS Web Expense Report
contest.  We had over 1000 responses with 906 correct answers.  Randy Klug of
EBS in Portland was the winner.  Congratulations, Randy, and thank you all
for participating.


---------------------- Forwarded by Kate Symes/PDX/ECT on 02/09/2001 01:57 PM
---------------------------

	Enron Capital & Trade Resources Corp.

	From:  Kelly Lombardi @ ENRON                           02/09/2001 01:59 PM

To: Kate Symes/PDX/ECT@ECT
cc: Willie Harrell/HOU/ECT@ECT

Subject: RE: Power rate changed

Kate-
Per our conversation this afternoon, I have changed the rates as follows:

Enpower curve code, PWRM1 - from $3.75 to $375 for 4/01, 5/01& 6/01
ERMS curve code, MIDC - from $3.75 to $375 for 4/01, 5/01 & 6/01


These look ok.  I'm still unhappy with using an average of the index for each
day when there is only one index for the entire month but I guess we're stuck
with it for now.

Dale Neuner on 02/17/2000 04:41:54 PM
To: Mark Taylor/HOU/ECT@ECT
cc: Mike Grigsby/HOU/ECT@ECT
Subject: New Basis Swap Products

Please review and offer comments/approval.

Dale


"Red Herring" <redherring-61399@mailsubs.com> on 06/19/2000 09:02:23 PM
Please respond to redherring-61399@mailsubs.com
To: "KEN LAY" <kenneth.lay@enron.com>
cc:
Subject: Thank you from Red Herring

Welcome to Red Herring!

Dear KEN LAY,

Thank you for your recent order of RED HERRING magazine. We
would like to welcome you - and congratulate you on the
foresight and good business senseyou showed when you
subscribed to our magazine. RED HERRING brings you the most
remarkable insights into the business of technology and all
the business that technology touches.

Your first issue is on its way and should arrive shortly. For
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XACK


Please be sure to mail the EES spreadsheet to: Neil Bresnan, Jubran Whalen,
Daniel Kang and me.

Thanks.
Bill


Start Date: 12/30/01; HourAhead hour: 11;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2001123011.txt
###Cannot locate a Preferred or Revised_Preferred Schedule that matches the FINAL Individual Interchange Schedule.  Unable to assign deal number.
###Cannot locate a Preferred or Revised_Preferred Schedule that matches the FINAL Individual Interchange Schedule.  Unable to assign deal number.


FYI...

Mark Taylor will be out of the office on February 12-13, 2001 (Mon-Tues)
attending a DesignShop Logistics workshop in Dallas.

He will be checking his voice mail and email messages. However, if you need
further assistance, please call me.

Thanks!
Holly Keiser
Enron Americas
Legal Department - EB 3887
713-345-7893 (ph)
713-646-3490 (fx)
Holly.Keiser@enron.com


Kelly M. Johnson
Executive Assistant
Enron Corp.
Tel: 713-853-6485
Fax: 713-853-2534
E-Mail: kelly.johnson@enron.com


John,
	I spoke with Tim and he told me what you were doing. I wanted to tell you thanks and that I appreciate the efforts you are going to. Thanks again.

Bob


Attached is the close to final documentation evidencing the 2 trades we've just made with Bear Stearns International. We anticipate signing these either later today or tomorrow.

-----Original Message-----
From: Froom, Ilene (Exchange) [mailto:ifroom@bear.com]
Sent: Friday, October 12, 2001 5:25 PM
To: Melman, Gil M.
Cc: Cooke, Peter Confidential Memo-Counsel (Exchange); Guinchard, Claude
(Exchange)
Subject: RE: Revised Documentation

Gil:

Please see the revised documentation.

Thank you.

Ilene

 <<Enron VWAPtion 101201.pdf>>  <<Enron Forward 101201.pdf>>

> -----Original Message-----
> From:	Froom, Ilene (Exchange)
> Sent:	Friday, October 12, 2001 11:09 AM
> To:	'gil_melman@enron.net'
> Cc:	Cooke, Peter Confidential Memo-Counsel (Exchange); Guinchard, Claude
> (Exchange)
> Subject:	Revised Documentation
>
> Gil:
>
> Attached are the revised documents.  There are two versions of each, a
> redlined copy and a clean copy.
>
> Regards,
>
> Ilene Froom
>
>
>  << File: Enron Forward Clean.pdf >>  << File: NY14468 Enron North America
> Corp.mark-up.pdf >>  << File: NY14468 Enron VWAPtion.mark-up.pdf >>  <<
> File: Enron VWAPtion Clean.pdf >>


I am stuck in London.  I will attend either in person or by video from our London office.

Mark Haedicke

-----Original Message-----
From: Williamson, Joannie
Sent: Fri 14/09/2001 10:06
To: Bowen Jr., Raymond; Brown, Michael - COO London; Buy, Rick; Causey, Richard; Delainey, David; Derrick Jr., James; Dietrich, Janet; Fallon, Jim; Fastow, Andrew; Frevert, Mark; Glisan, Ben; Haedicke, Mark E.; Horton, Stanley; Hughes, James A.; Kean, Steven J.; Kitchen, Louise; Koenig, Mark; Lavorato, John; Lay, Kenneth; Mcconnell, Mike; McMahon, Jeffrey; Shankman, Jeffrey A.; Sherriff, John; Whalley, Greg; Blackwood, Connie; Burns, Jennifer; Chapman, Kay; Dauterive, Inez; Daw, Nicki; Elbertson, Janette; Ferrari, Kerry; Fleming, Rosalee; Ford, Sue; Harris, Stephanie J; Heathman, Karen K.; Hillis, Kimberly; Maronge, Bridget; Marshall, Lucy; McVicker, Maureen; Phillips, Cathy; Rapacioli, Marisa; Schiller, Marsha; Schoppe, Tammie; Stark, Cindy; Taylor, Liz M.; Valencia, Laura; Westbrook, Sharron
Cc:
Subject: Management Committee Meeting - Monday, September 17

PLEASE NOTE THE TIME FOR MONDAY'S MEETING

Date:           Monday, September 17
Time:           11:30 a.m. (Central)
Location:       50th Floor Boardroom
Video:          Connections will be established with remote locations upon request.
Conf. Call:     Please contact me for dial-in number and passcode.

Please indicate if you plan to attend this meeting and through what medium.

_____   I will attend in person
_____   By video conference
_____   By conference call
_____   I will not attend

Please return this e-mail to me with your response by 4:00 p.m. today.

Thanks,
Joannie
3-1769


Chris--The attached table is an updated version of the one I sent you last
night.   The only thing missing is the AGL numbers which I am finalizing now,
since we understand our latitude with respect to the storage.   I will forward
a complete version of the attached to you with the AGL numbers shortly, but I
wanted to get you the COH Choice numbers, which now reflect the Baseload
storage withdrawals volumes for March.   Also, the attached version contains
the correct numbers for the programs scheduled by K. Novsek.

One other point, the COH choice volumes shown in the rows labelled 'PRIM' are
total requirements less storage withdrawals only.  I have not subtracted the
volumes of March physical hedged previously hedged by Brian Perrone.

Please call if you have questions.

Doug Kinney
Ph:  703-561-6339
Fax:  703-561-7317

 - 03 00 SUPPLY NEEDS - ALL LDCS                     (MASTER).xls


Hon,
So far, by my calculations, the wedding costs are as follows:
$1,704: ceremony, massages, pedicure, manicure, dinner, videographer,
photographer
$2,500: RT plane tickets
$2,000: Caroline's Resort stay

That is $6,200! Plus with the reception:
$475: wedding package, case of champagne for 100 people
$1,100 appx.: buffet
$330: beer/wine

That is a total of $8,105!!! Are you okay with that? It doesn't include our
spending money in Palau either... I guess it is pretty good considering it
includes our honeymoon. I just wanted to let you know. Not to mention
invitations and other miscellaneous... We need to sell than Bronco!

Love you! P.

_________________________________________________________________
Send and receive Hotmail on your mobile device: http://mobile.msn.com


Jill:

You are right.  Once this is assigned it cannot be used by ENA.  If everyone
is fine with that, then there should be no issues.

Jeff

	Jill T Zivley/ENRON@enronXgate
	04/27/2001 10:54 AM

		 To: Debra Perlingiere/HOU/ECT@ECT
		 cc: Robert Walker/HOU/ECT@ECT, Shawna Flynn/HOU/ECT@ECT, Sandi M
Braband/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, John Grass/ENRON@enronXgate
		 Subject: RE: Pioneer Natural Resources USA, Inc.

If it is OK w/ Legal, then it is OK w/ me. The only question I have is that
if we assign it to ENA Upstream, can they still do business w/ ENA..? (That's
why we were doing a new one anyway...plus I don't think the old one had our
riders)..., but again, if it is OK w/ you, it is OK w/me!
 -----Original Message-----
From:  Perlingiere, Debra
Sent: Friday, April 27, 2001 10:28 AM
To: Zivley, Jill T.
Cc: Walker, Robert
Subject: Pioneer Natural Resources USA, Inc.

Jill,

Bob Walker has informed me that Pioneer has requested the existing GISB with
ENA be assigned to ENA Upstream.  The GISB at issue was acquired from
Columbia Energy Services.   In light of this there would be no need for a new
GISB with Pioneer.

To date,  Pioneer is holding final version of  our GISB.

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


Marie:

Would you please tell me the state or province of incorporation of all of
the Enron entities in the master netting agreement?

This is for financing statement purposes.

Below are bp's:

BP Corporation North America Inc. -- Indiana
BP Energy Company -- Delaware
Vastar Resources, Inc. -- Delaware
BP Canada Energy Company -- Nova Scotia
BP Canada Energy Marketing Corp. -- Delaware
Cibola Energy Services Corporation -- Texas
IGI Resources, Inc. -- Idaho
BP Oil Supply Company -- Delaware
BP Products North America Inc. -- Maryland
BP Amoco Chemical Company -- Delaware
Atlantic Richfield Company -- Delaware
Amoco Production Company -- Delaware
BP Chemicals Inc. -- Ohio

Thanks.

Billy Dixon

-----Original Message-----
From: Heard, Marie [mailto:Marie.Heard@enron.com]
Sent: Monday, November 05, 2001 8:55 AM
To: billy.dixon@bp.com; St. Clair, Carol
Subject: RE: Original signature exchange

Yes, we do want to exchange originals.  My originals are in our Calgary
office getting original signatures.  I will send one copy to you when I
receive them back.  Should probably be tomorrow or Wednesday.

Thanks!

Marie

>  -----Original Message-----
> From: 	"Dixon, Billy D" <billy.dixon@bp.com>@ENRON
> Sent:	Monday, November 05, 2001 8:50 AM
> To:	St. Clair, Carol; Heard, Marie
> Subject:	Original signature exchange
>
> Carol and Marie:
>
> I am assuming that Enron wants to exchange one set of originals on the
> NA
> Master Agreement?  If so, please indicate by reply and I will mail a
> set to
> Marie Heard.
>
> Very truly yours,
>
> BILLY
> Billy D. Dixon
> Attorney
> BP America Inc.
> 501 Westlake Park Blvd., Rm 16.166
> Houston, Texas 77079
> Direct 281/366-4745
> Fax 281/366-5901
> billy.dixon@bp.com
>
> ***IMPORTANT -- THIS EMAIL AND ANY ATTACHMENTS HERETO ARE
> ATTORNEY-CLIENT
> AND/OR ATTORNEY WORK-PRODUCT PRIVILEGED AND CONFIDENTIAL.  If you have
> received this email in error, do not under any circumstances read,
> forward,
> copy, disseminate or save this email or any of its attachments.  If
> you have
> received this email in error, take the following actions: (1) reply to
> this
> email indicating that you received this email in error, and (2) delete
> and
> completely erase this email and its attachments from your computer and
> any
> backup systems or "Deleted Items" folders.
>

**********************************************************************
This e-mail is the property of Enron Corp. and/or its relevant affiliate and
may contain confidential and privileged material for the sole use of the
intended recipient (s). Any review, use, distribution or disclosure by
others is strictly prohibited. If you are not the intended recipient (or
authorized to receive for the recipient), please contact the sender or reply
to Enron Corp. at enron.messaging.administration@enron.com and delete all
copies of the message. This e-mail (and any attachments hereto) are not
intended to be an offer (or an acceptance) and do not create or evidence a
binding and enforceable contract between Enron Corp. (or any of its
affiliates) and the intended recipient or any other party, and may not be
relied on by anyone as the basis of a contract by estoppel or otherwise.
Thank you.
**********************************************************************


nice.  do you remember her?

 -----Original Message-----
From: 	Jai Hawker <JHawker@petersco.com>@ENRON
Sent:	Thursday, January 10, 2002 11:08 AM
To:	Richey, Cooper
Subject:	FW: Hi there...

Check this out.

-----Original Message-----
From: Smith, Jennifer [mailto:JenniferSmith@aec.ca]
Sent: Thursday, January 10, 2002 11:00 AM
To: 'jhawker@petersco.com'
Subject: Hi there...

Hi Jai,

I'm in the middle of one of the most incredibly busy weeks I've ever had.
But I couldn't possibly forget the guy who wore one of the most unique and
enticing shirts I've ever seen...(we met last Saturday)

Thought you might like to meet for lunch next week....

Jenny


what are you doing this weekend? boone and mitch are going in for the game.


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You are receiving these e-reports because you have signed up for CBS
SportsLine Fantasy Basketball.  To customize, reschedule, or turn off these
reports please  click here .

 Player Updates?NBA Reports?
 Latest NBA Player News

 Elliot Perry , G PHO - Free Agent Updated 12/08/00
 The Suns have signed veteran guard Elliot Perry.  He will be used primarily
as Jason Kidd's backup but has limited Fantasy value.

 Chris Dudley , C PHO - Free Agent Updated 12/08/00
 Dudley was activated from the injured list and started in Thursday's game at
Milwaukee.  With the lack of depth at center, Dudley could be of good use in
a larger Fantasy league, but don't use him in a smaller one.

 Ruben Garces , F PHO - Free Agent Updated 12/08/00
 Garces was placed on the injured list to make room for C Chris Dudley.
Garces is suffering from a bulging disc in his back.  He is used primarily as
a third center so he doesn't have a lot of Fantasy value.

 Donyell Marshall , F UTA - Free Agent Updated 12/08/00
 Marshall had missed the two games prior to Thursday's action because of a
sprained knee, but returned to the lineup against Vancouver and had seven
points and three rebounds in 14 minutes.  Because Marshall comes off the
bench he doesn't have much Fantasy value.  But with him back in the rotation
forwards Karl Malone and Bryon Russell will play less minutes now.

 Carlos Rogers , F HOU - Free Agent Updated 12/08/00
 Rogers will be sidelined indefinitely after suffering a sprained knee.  He
is a reserve forward with very little Fantasy value but his absence will
force the starting frontcourt to play more minutes.  This could have positive
or negative affects on their production.  If you have Houston frontcourt
players on your roster monitor them to see if they flourish or flounder under
the current conditions.

 Donnell Harvey , F DAL - Free Agent Updated 12/08/00
 Harvey has been activated from the injured list to make room for the injured
Greg Buckner.  Harvey is a solid rebounder but won't receive enough playing
time to be a valuable Fantasy player.

 Greg Buckner , G DAL - Free Agent Updated 12/08/00
 Buckner will undergo surgery early next week to remove a cracked bone spur
on his right foot.  The surgery could sideline Buckner for 6-8 weeks.  Rookie
Donnell Harvey was activated form the injured list to make room for
Buckner.   This is the second time this season that he has been sidelined
with the same injury.  Fantasy owners should avoid Buckner for he rest of the
season or until he is playing and producing on a consistent basis again.

 Charles Oakley , F TOR - Free Agent Updated 12/08/00
 Oakley has served his league-imposed suspension and is eligible to return to
the Raptors' lineup for Friday night's game at Golden State.  "Oak," who was
suspended for punching Clippers' point guard Jeff McInnis, has Fantasy value
as a rebounder only, and isn't considered a real commodity outside of deeper
leagues.

 Vince Carter , G TOR - Denvers Nuggets Updated 12/08/00
 Although the team is calling him a game-time decision, it looks as though
Carter will return to the court on Friday night against the Golden State
Warriors.  Carter practiced with the team on Thursday, and is exciting about
the prospect of playing against his former Tar Heel teammate,  Antawn
Jamison. All signs point towards Carter's return by this weekend at the very
latest, so add a little "Vinsanity" to your starting lineup next week.

 Grant Hill , F ORL - The Wave Updated 12/08/00
 Hill was a game time scratch on Thursday night against the Nuggets. The
Orlando Sentinel is reporting that Hill is expected to return to the court on
Monday when the Magic travel to Los Angeles for a date with the Clippers.
Hill's return is long overdue for Fantasy owners who held onto his rights
this season. Unless you have a number of solid forwards on your roster, give
Hill the start this week pending any setbacks.

 Hidayet Turkoglu , G SAC - Free Agent Updated 12/07/00
 Turkoglu is suffering from a shoulder injury and is questionable for
Friday's game against Houston.  He is a key reserve on the Kings' team but
has very little Fantasy value.

 Steve Nash , G DAL - Free Agent Updated 12/07/00
 Nash returned to action against the Knicks Wednesday after missing two
straight games because of a calf injury.  He didn't seem to be bothered by
the injury as he scored 14 points and dished off for six assists.  It is now
safe to play Nash on your Fantasy team again.

 Donyell Marshall , F UTA - Free Agent Updated 12/07/00
 Marshall is recovering from a sprained knee and is questionable for
Thursday's game against the Grizzlies.  Look for starters Bryon Russell and
Karl Malone to play extra minutes in his absence.  Avoid using Marshall until
he appears to be fully recovered.

 Kevin Garnett , F MIN - Farragut Academy Updated 12/07/00
 Garnett hurt his right ring finger in Tuesday's game and was scheduled to
have it examined Wednesday.  He is expected to play against the Wizards
Thursday.  Monitor Garnett's situation.  Something as simple as an injured
finger on his shooting hand could lead to an offensive slump and affect his
Fantasy numbers.

 Terry Davis , F DEN - Free Agent Updated 12/07/00
 Davis will be eligible to come off the injured list Sunday but Achilles
tendonitis in his right leg is expected to keep him sidelined a little bit
longer.  He has been injury prone throughout his career and doesn't have much
Fantasy value.

 Antonio McDyess , F DEN - The Rounders Updated 12/07/00
 McDyess suffered a bruised right shin in Wednesday's game against the Heat
and is questionable for Thursday's matchup against the Magic.  Keon Clark
will start at power forward if McDyess is unable to play.  The leg is sore
now but look for McDyess to be back to normal in a few days.

 Grant Hill , F ORL - The Wave Updated 12/07/00
 Hill may be ready to return to the court for Thursday night's game against
the Nuggets. He has missed most of the season with an ankle injury, but he
practiced on Wednesday, and all indications signal his return to the court.
"I can't give you the official thumbs up," said Head Coach Doc Rivers, "but
it looks good." Fantasy owners who have been waiting for Hill's return will
likely get him back in time for next week, when Orlando embarks on a
four-game West Coast road trip.

 Gary Trent , F DAL - Free Agent Updated 12/07/00
 According to The Dallas Morning Star Mavericks owner Mark Cuban is hopeful
that Trent will travel on the Mavericks' next road trip, a six-game swing on
the East Coast.  Trent is not expected to be activated on the trip but could
be back in action in another two weeks.  He has been sidelined since the
first preseason game with a strained upper abductor muscle.  Trent is a good
inside scorer and a solid rebounder but is injury prone.  When he does return
Fantasy owners should refrain from picking him up unless they desperately
need a forward.

 Stephon Marbury , G NJ - The Old School Fools Updated 12/07/00
 Marbury missed his second consecutive game on Wednesday night because of an
ankle injury. He turned the ankle last  Friday night in Orlando, then turned
it again the following night against the Magic back in New Jersey. He is
still lacking some of his explosiveness, but says that the pain in the ankle
is diminishing. Marbury hopes to return on Friday night when the Nets host
the Phoenix Suns. Fantasy owners who lost Marbury last week should have their
star point guard back in time for next week's roster changes.

 Vince Carter , G TOR - Denvers Nuggets Updated 12/07/00
 Carter was in uniform for Wednesday night's game against Portland, but he
didn't see any playing time. "Air Canada" said that he felt well enough to
play, but team doctors wouldn't give him permission to get in the game. "We'd
like to have him back as soon as possible," said Head Coach Lenny Wilkens,
"but we're not going to bring him back before he's ready." Toronto finishes
their three-game West Coast swing on Friday night against Golden State, at
which time Carter hopes to make his return. The Raptors' star should be back
before Monday, so most Fantasy owners can re-insert him into their lineup in
time for next week.

 Andre Miller , G CLE - The Rounders Updated 12/07/00
 Miller took a knee to the nose during Wednesday night's game at Chicago
which sent him to the bench temporarily. He returned to the game with a
vengeance, finishing with 20 points, 14 assists and seven rebounds in
Cleveland's 92-88 victory. The shot to the nose won't keep Miller from
missing any playing time, so continue to use the young point guard in your
starting lineup.

 Elton Brand , F CHI - Denvers Nuggets Updated 12/07/00
 Brand missed his second consecutive game on Wednesday night against
Cleveland. He is reportedly making progress with his hyperextended left knee,
and has been able to run on a treadmill this week.  Brand is listed as day to
day, and says that he has about a 50 percent chance of playing on Friday
night against Dallas. With most roster changes occurring on Monday, Fantasy
owners should be able to put the Bulls' star back in their lineup for next
week's games.

 Eric Snow , G PHI - Rude Boys (Not) Updated 12/06/00
 The 76ers will be without Snow for six to eight weeks after a CT scan
Wednesday showed a stress fracture in his right ankle. He was second on the
team with a career-high 12.2 ppg, and led the Sixers with 6.6 assists per
contest. Although Philadelphia sports a deep roster, one can't help but
assume this will have an impact on the team's fortunes for Fantasy purposes.

 Chris Dudley , C PHO - Free Agent Updated 12/06/00
 Dudley will travel with the Suns on their end of the week road-trip that
starts in Milwaukee Thursday.  He will most likely be questionable for all
the games.  Look for him to finally return to action next week.  With Dudley
out of the lineup Corie Blount and rookie Daniel Santiago will continue to
get playing time.  With the lack of depth at center, Dudley's rebounding
makes him a starter on your Fantasy team if you are using a reserve in his
position.

 Chris Mills , F GS - Free Agent Updated 12/06/00
 Mills is doubtful for Wednesday's game against the Lakers because of pain in
his right ankle.  He was scheduled to see a foot specialist on Tuesday and
underwent surgery last season to remove bone spurs from the ankle.  Sit Mills
on your Fantasy bench for now.  If you are playing in a small league drop him
from your roster and add another forward.

 Ron Mercer , G CHI - The Old School Fools Updated 12/06/00
 Mercer sat out of Tuesday's game against the T'Wolves because of the flu.
Corey Benjamin started at shooting guard in place of Mercer.  Mercer's status
for Wednesday's game is up in the air.  He has been a major disappointment so
far this season.  If you play in a deep Fantasy league keep him on your
roster, if you are in a smaller one look to make an upgrade at guard.  The
way Mercer has been producing you shouldn't have a hard time finding a better
guard.

 Jerome Williams , F DET - Free Agent Updated 12/06/00
 Williams sprained his ankle in Tuesday's game against the Grizzlies and is
questionable for Wednesday's contest at Seattle.  The ankle will probably
limit Williams' production in the next few games so use a healthy forward
instead.

 Billy Owens , F DET - Free Agent Updated 12/06/00
 Owens strained his right biceps in Tuesday's game against Vancouver.  He has
actually been productive this season when healthy, but don't gamble on him.
Owens has been injury prone throughout his career and is too risky a player
to take a chance on.  Use a more durable player instead.

 Joe Smith , F DET - Free Agent Updated 12/06/00
 Smith got his first start as a Piston Tuesday at power forward.  He scored
12 points and grabbed eight rebounds.  With his promotion into the starting
lineup it is now safe to start Smith on your Fantasy team.  With an increased
role Smith will be a consistent rebounder and scorer.

 John Wallace , F DET - Free Agent Updated 12/06/00
 Wallace was placed on the injured list due to tendonitis in his left knee.
He is a good offensive player but his shortcomings on defense have limited
his playing time.  His lack of playing time prevents him from being a
productive Fantasy player so avoid using him in your league

More Updates

Copyright 2000 Commissioner.COM Inc and SportsLine.com Inc.
Your site is always at http://basketball.commissioner.com/efba

BK10SP


The posting process as discussed below in Steve Kirks email is what we believe is the best way to handle the sale of any incremental Needles only capacity.

 In regard to new generally available capacity, for example as a result of a ROFR contract not rolling over,  the capacity would be posted as generally available, and again, per the tariff we are not required to agree to amend a primary point.  We would suggest use of a posting/open season that follows the turnback capacity for sale with the parameters for bidding laid out, including the time period for which we are accepting bids.  If no acceptable bids are received, and a shipper asks to amend their primary point, the tariff provides the right to decline unless agreed.  However, if you have given a shipper the contractual right to change their primary point ie, request an available point, you will have to accept the request.   Hope this helps and concurs with our discussion today.

 -----Original Message-----
From: 	Kirk, Steve
Sent:	Tuesday, October 09, 2001 3:26 PM
To:	Kilmer III, Robert; Lokey, Teb
Cc:	Miller, Mary Kay; Pavlou, Maria
Subject:	Increased Take-away at SoCal Needles

Based upon our understanding of the request from TW Marketing, here is our suggested position on the posting and awarding of potential take-away capacity at SoCal Needles from approximately 1/1/02 to 5/31/02.

TW would post on its website a notice in the capacity section that, based on information provided by SoCal regarding an expansion on their system, the take-away capacity at SoCal Needless may be increased by __Dth/day for the period of approximately 1/1/02 to 5/31/02.  Shippers would be advised that the actual start date would depend on SoCal completing their system modifications. The posting would say that TW would accept requests for such capacity during a stated period of time (a minimum of 3 business days).  TW would award the capacity to the shipper(s) willing to provide the greatest cost commitment. The greatest cost commitment would be defined as those revenues above and beyond the current revenues which Transwestern already receives from reservation charges being paid prior to the bid period.

Call me and I'll arrange for us to meet to discuss this further.   sjk


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Message-Id: <20020301180953.76B2.474213-18752@esummary.info.aa.com>
 [IMAGE]


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 12/30/99
03:01 PM ---------------------------

"Alex Adamchuk (http://FinMath.com)" <refer-a-friend@amazon.com> on 12/24/99
03:21:27 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Amazon.com gift certificate from Alex Adamchuk (http://FinMath.com)

When's the last time you heard from Alex Adamchuk (http://FinMath.com)?
Really? Well, just today Alex Adamchuk (http://FinMath.com)  was thoughtful
enough to send you this $5 gift certificate for use toward your first
purchase at Amazon.com (http://www.amazon.com).

Now's the hard part: deciding what to get. Along with our legendary selection
of books, Amazon.com now carries a terrific selection of toys & games,
electronics, videos, DVDs, and CDs--often featuring savings up to 50 percent.
And not to worry-all our transactions are covered by a secure-shopping
guarantee.

You'll find a few instructions below that will guide you through the exciting
world of gift-certificate redemption. Don't dilly-dally--your gift
certificate is available only until January 10, 2000.

To visit Amazon.com, just click on the link below or type the following Web
address into your browser:

http://www.amazon.com

Happy shopping!

P.S. alex10@finmath.com requested that this message be sent. If you have any
questions or feedback for Amazon.com, please e-mail
refer-a-friend@amazon.com. If you wish not to receive future e-mail from
Amazon.com, please send a blank e-mail message to never@amazon.com.

Please note that the e-mail address this message was sent to is:

vkamins@ect.enron.com

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

Here's your actual gift certificate:

To: vkamins@ect.enron.com
Amount: U.S. $5.00
From: Alex Adamchuk (http://FinMath.com)

Claim code (YOU'LL NEED THIS WHEN ORDERING!):

REGD-KVCN2Y-T5ZTY4

Expiration date: January 10, 2000

Using your gift certificate is easy. Just follow these steps:

1. Visit Amazon.com at http://www.amazon.com.

2. Select the items you want.

3. Hit the 'Proceed to Checkout' button.

4. Enter your Gift Certificate Claim Code in the field provided on the order
form.

The fine print:

Each gift certificate has a unique claim code that can only be used once.

Limit one promotional gift certificate (the "gift certificate") per
household, per offer and one gift certificate per purchase.

Gift certificates are not valid with other promotional offers.

Gift certificates must be redeemed through our Web site,
http://www.amazon.com, toward the purchase of products listed in Amazon.com's
online catalog and sold by Amazon.com.  They cannot be redeemed at
Amazon.co.uk, Amazon.de or any other Web site operated by Amazon.com, its
affiliates, or third-party merchants accessible from our site.  Gift
certificates are not valid for payment at Amazon.com Auctions or Amazon.com
zShops.

Sorry, we cannot replace lost or stolen gift certificates.

Gift certificate cash value is 1/10th of one cent.

Gift certificates are not for resale.

Gift certificates cannot be used to pay for out-of-print titles,
special-order titles, or gift certificates.

Gift certificates cannot be applied to previous purchases.

If your purchase exceeds the value of your gift certificate, you must pay for
the balance with a credit card.

Any unused balance will be placed in your gift certificate account until the
offer expires.

This gift certificate and any unused portions of this gift certificate expire
at 11:59 p.m. (PST) on January 10, 2000.

If you have any questions, send us e-mail at orders@amazon.com.

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


Thanks for the call.  Brenda Herod is the operations controller for EIM.
(Brenda and Brent in their roles over EIM and EGM, respectively, are both
direct reports of mine.)  Brenda is out of the country through the end of
this week on vacation, touring Europe with her mom.  If there is a need to
address this issue this week, let me know and I can start down that road
until Brenda returns.  Let me know.

I did hear an unsubstantiated rumor this week that Clickpaper.com is set to
go live in London within 5 days.  I am trying to find out if that is true.
If it is, it would be a repeat of a commercial decision in Houston to do so
this past July without letting anyone in the mid and back office know.  We
had to scramble to set up an infrastructure to support that in a big hurry.
Not ideal.  I hope that history has not repeated itself.  Let me know if you
have heard anything on this.


University of Texas police have smashed a suspected terrorist cell.
Three terrorists, Bin Losin, Bin Whinin, and Bin Cryin were apprehended
on the UT campus shortly after the defeat of the Longhorn football team
by the University of Oklahoma Sooners. University police warn a fourth
terrorist, Bin Winnin, is still at large. However, sources within
the department concede that Winnin would be very conspicuous on the UT
campus and suspect he has fled to the campus of Oklahoma University.


Attached are Quilkey's responses to our findings.  Let's discuss and give
consolidated feedback to his responses.

Thanks,
Bill

---------------------- Forwarded by William S Bradford/HOU/ECT on 03/29/2000
07:37 AM ---------------------------

Paul Quilkey@ENRON_DEVELOPMENT
03/29/2000 01:49 AM
To: William S Bradford@ECT
cc: Heidi Mason/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: Risk Report

Bill

Attached is a response to the main observations of  Project Doorstep.
I would be interested in your feedback.  As a note the Settlements Residue
Position has recovered significantly and we will  end the quarter with
liquidations
approximately $3k under the forward value or a 6% variation.  Importantly, we
are in the black and heading the right way!

Thnx
paul


Start Date: 4/13/01; HourAhead hour: 2;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041302.txt

Error: dbCapsPMIData: Cannot perform this operation on a closed database


No.10 on your list is Jack Welch, who is CEO of General Electric not General
Motors. Please note this.
Regards
Jay N. Patel
EE & CC, Houston,TX

  The eThink Team
From: eThink@ENRON on 07/05/2000 08:08 PM
Sent by: Enron Announcements@ENRON
To: All Enron Worldwide
cc:
Subject: eSpeak Survey: The results are in!

We recently asked you to create an eSpeak "wish list" for us.  The response
was tremendous and, in some cases, very creative.  Your fellow employees
asked for everyone from Britney Spears to George Bush.  In all, we received
requests for 61persons outside of Enron to host an eSpeak event.  We thought
you might like to know who your colleagues find interesting, so we've
provided a sampling of the suggestions below.  Here are the top ten most
requested eSpeakers.

10.  Jack Welch, CEO, General Motors
9.  Scott McNeally, CEO, Sun Microsystems
8.  Satisfied Enron Customers
7.  Stephen Covey, author, The Seven Habits of Highly Effective People
6.  Oprah Winfrey, talkshow host
5.  General Colin Powell, former Chairman, Joint Chiefs of Staff, U.S.A.
4.  Alan Greenspan, Chairman, Federal Reserve, U.S.A.
3.  Former U.S. President George Bush
2.  Bill Gates, CEO, Microsoft
1.  Texas Governor George W. Bush

While we can't make any promises, we will do our best to bring in at least
some of these special guests.  If you have any contacts who could help us get
in touch with these guest speakers, please let us know at ethink@enron.com.
Everybody needs a little help now and then, even eSpeak.

There were plenty of internal speakers requested, as well.  Those requests
should be somewhat easier to meet, although scheduling time with some of our
colleagues can be quite a task!

Thank you all for your participation.


Teco Tap       45.000 / Enron ; 61.250 / HPL Gas Daily

LS HPL LSK IC       15.000 / Enron

---------------------- Forwarded by Melissa Jones/Texas Utilities on
09/20/2000
10:49 AM ---------------------------

Melissa Jones
09/20/2000 10:27 AM

To:   Charlie Stone/Texas Utilities@TU, Gary Green/Texas Utilities@TU,
      daren.j.farmer@enron.com, gary.a.hanks@enron.com,
      carlos.j.rodriguez@enron.com, earl.tisdale@enron.com,
      ami.chokshi@enron.com
cc:
Subject:  Enron / HPL Actuals for Sept. 19, 2000

Teco Tap       35.000 / Enron ; 71.250 / HPL Gas Daily

LS HPL LSK IC       15.000 / Enron


I suggest Mark Powell also spend time in Houston at the times Nella and Linda
are, and that Chris Gaffney participate.  I know Mark is scheduled for a
rotation in Houston later in the fall, but this would be a useful and focused
trading exercise for Mark and Chris on the ISDA/financial trading
documentation process.  Greg has just recently completed his Houston rotation
and should be up to speed.  Additionally, Greg is scheduled for the ISDA
Documentation workshop in Toronto on July 13th, and I want your thoughts as
to whether Mark and/or Chris should also attend.

Regards, Peter

---------------------- Forwarded by Nella Cappelletto/CAL/ECT on 06/12/2000
01:47 PM ---------------------------

Linda Sietzema
06/12/2000 08:39 AM
To: Mark E Haedicke/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT
cc: William S Bradford/HOU/ECT@ECT, Nella Cappelletto/CAL/ECT@ECT, Peggy
Hedstrom/CAL/ECT@ECT, Tana Jones/HOU/ECT@ECT, Peter Keohane/CAL/ECT@ECT,
Jonathan McKay/CAL/ECT@ECT, Rob Milnthorp/CAL/ECT@ECT, Mark
Powell/CAL/ECT@ECT, Dianne Seib/CAL/ECT@ECT, Linda Sietzema/CAL/ECT@ECT
Subject: PROJECT DOORSTEP

Please see the attached memo from Greg Johnston.