-----Original Message-----
From: 	Luis Mena <luis.mena.2003@anderson.ucla.edu>@ENRON
Sent:	Tuesday, November 27, 2001 4:33 PM
To:	Lenhart, Matthew; Hull, Bryan; Bass, Eric; JOHN HARRINGTON; RYAN JONES; FRANKLIN LOBO; JENNIFER BAUER; ijzarate@hotmail.com; elias@teledynamics.com; colombiano88@hotmail.com; SACHIN SASTE; GLENN LYDAY
Subject:	[Fwd: a day in the life]

this is an old one but a great one.
If you dont like this email, then you just don't understand.

A chronology of events for Saturday,  December 4, 1999,
and the early morning hours of Sunday,
December 5, 1999:
6:00 Arise, play the Eyes of Texas and
Texas Fight at
full-freaking blast
6:20 Get in car, drive to New Braunfels

7:30 Tee off (me and a buddy were the
FIRST tee-time
of the morning)
8:50 Turn 9 (crack open first beer)
8:53 Crack open second beer
8:58 Crack open...(you get the idea)
10:30 Finish 18 (holes, as well as
beers), sign
scorecard for smoooooth 95
10:35 Headed for San Antonio
10:50 Buy three 18-packs for pre- and
post-game
festivities
11:10 We decide we don't have enough
booze, so we
double-back to a liquor store and buy
the good ol' 750
ml plastic bottle "Traveler" Jim Beam
11:50 Arrive at the tailgate spot.
Awesome day. Not
a single cloud in the sky. About 70
degrees.
11:55 I decide that we're going to kick
the shit out
of Nebraska.
11:56 I tell my first Nebraska fan to
go fuck
himself.
12:15 The UT band walks by on the way
to the
Alamodome. We're on the second floor of
a two-story
parking garage on the corner (a couple
hundred of us).
We're hooting and hollering like
wildmen. The band
doubles back to the street right below
us and
serenades us with Texas Fight and The
Eyes of Texas.
AWESOME MOMENT.
12:25 In the post-serenade serendipity,
50-100 grown
men are bumping chests with one
another, each and
every one of them now secure and
certain of the fact
that we are going to kick the
shit out of Nebraska.
1:00 The Nebraska band walks by on the
way to the
Alamodome. Again, we hoot and holler
like wildmen.
Again, the band doubles back and stops
right below us
to serenade us, this time, however,
with the Nebraska
fight songs. Although somewhat
impressed by their
spirit and verve, we remain convinced
that we are
going to kick the shit out of
Nebraska.
1:30 I begin the walk to the Alamodome,
somehow
managing to stuff the "Traveler" and 11
cans of beer
into my pants.
1:47 I am in line surrounded by
Nebraska fans. They
are taunting me. I am taunting back,
still certain
that we are going to kick the
shit out of Nebraska. I
decide to challenge a particularly
vocal Nebraska fan
to play what I now call and will
forever be remembered
as "Cell-Phone Flop Out." Remember flop
out for a
dollar? The rules are similar. I tell
this Nebraska
jackass that if he's so confident in
his team, he
should "flop out" his cell phone RIGHT
NOW and make
plane reservations to Phoenix for the
Fiesta Bowl.
And then I spoke these memorable words:
"And not
those
damn refundable tickets, either! You
request those
non-refundable, non-transferrable
sons-of-bitches!"
He backs down. He is unworthy. I call
Southwest
Airlines and buy two tickets to
Phoenix,
non-refundable
and non-transferrable. Price: $712. He
is humbled.
He lowers his head in shame. I raise my
cell phone in
triumph to the cheers of hundreds of
Texas fans. I am
KING and these are my subjects. I
distribute the 11
beers in my pants to the cheering
masses. I RULE the
pre-game kingdom.
2:34 Kickoff. Brimming with confidence,
I open the
Traveler and pour my first stiffy.
2:45 I notice something troubling:
Nebraska is big.
Nebraska is fast. Nebraska is very
pissed off at
Texas.
3:01 The first quarter mercifully ends.
9 yards
total offense for Texas. Zero first
downs for Texas.
I'm still talking shit. I pour
another stiffy from
the Traveler.
3:36 Four minutes to go in the first
half: the
Traveler is a dead soldier. I buy my
first $5 beer
from the Alamodome merchants. While I
am standing in
line, a center snap nearly decapitates
Major
Applewhite
and rolls out of the end zone. Safety.
3:56 Halftime score: Nebraska 15, Texas
0. I wish I
had another Traveler.
4:11 While urinating next to a Nebraska
fan in the
bathroom at halftime, I attempt to
revive the classic
Brice-ism from the South Bend bathroom:
"Hey, buddy,
niiiiiiiiice cock." He is
unamused.
4:21 I buy my 2nd and 3rd $5 beer from
the Alamodome
merchants. I share my beer with two
high school girls
sitting behind me. Surprisingly, they
are equipped
with a flask full of vodka. I send them
off to
purchase $5 Sprites, so that we may
consume their
vodka. I have not lost faith. Nebraska
is a bunch of
pussies.
4:51 No more vodka. The girls sitting
behind me have
fled for their lives. I purchase two
more $5 beers
from the Alamodome merchants.
5:18 Score is Nebraska 22, Texas 0. I
am beginning
to lose faith. This normally would
trouble me, but I
am too drunk to see the football field.

5:27 I call Southwest Airlines: "I'm
sorry, sir.
Those tickets have been confirmed and
are
non-refundable and non-transferrable."
5:37 I try to start a fight with every
person behind
the concession counter. As it turns
out, the
Alamodome has a policy that no beer can
be sold when
there is less than 10 minutes on the
game clock. I am
enraged by this policy. I ask loudly:
"Why the fuck
didn't you announce last call over the
fucking PA
system??!!"
5:49 Back in my seats, I am slumped in
my chair in
defeat. All of a sudden, the Texas
crowd goes
absolutely nuts. "Whazzis?," I mutter,
awaking from
my coma, "Iz we winnig? Did wez scort?"
Alas, the
answer is no, we were not winning and
we did not
score.
The largest (by far) cheer of the day
from the Texas
faithful occurred when the handlers
were walking back
to the tunnel and Bevo stopped to take
a gargantuan
shit all over the letters "S",
"K", and "A" in the
"Nebraska" spelled out in their end
zone. I cheer
wildly. I pick up the empty Traveler
bottle and stick
my tongue in it. I am thirsty.
6:16 Nebraska fans are going berserk as
I walk back
to the truck. I would taunt them with
some off-color
remarks about their parentage, but I am
too drunk to
form complete sentences. With my last
cognitive
thought of the evening, I take solace
in the fact that
if we had not beaten them in October,
they would be
playing Florida State for the national
championship.
6:30 Back in the car. On the way back
to Austin for
the 8:00 Texas-Arizona tip off. We can
still salvage
the day! I crack open a beer. It is
warm. I don't
care.
7:12 We have stopped for gas. I am
hungry. I go
inside the store. I walk past the beer
frig. I
notice a Zima. I've never had a Zima. I
wonder if
it's any good. I pull a Zima from the
frig. I twist
the top off and drink the Zima in three
swallows.
Zima
sucks. I replace the empty bottle in
the frig.
7:17 There is a Blimpie Subs in the
store. I walk to
where the ingredients are, where the
person usually
makes the sub. There is no one there. I
lean over
the counter and scoop out half a bucket
of black
olives. I eat them. I am still hungry.
I lean
further over the counter and grab
approximately two
pounds of Pastrami. I walk out of the
store
grunting and eating Pastrami. The
patrons in the
store fear me. I don't care.
8:01 We are in South Austin. I have
been drinking
warm beer and singing Brooks and Dunn
tunes for over
an hour. My truck-mate is tired of my
singing. He
suggests that perhaps Brooks and Dunn
have written
other good songs besides "You're Going
to Miss Me When
I'm Gone" and "Neon Moon" and that
maybe listening to
only those two songs, ten times each
was a bit
excessive. Perhaps, he suggests, I
could just let the
CD play on its own. I tell him to
fuck off and
restart "Neon Moon."
8:30 We arrive at the Erwin Center. My
truckmate,
against my loud and profane
protestations, parks on
the top floor of a nearby parking
garage. I tell him
he's an idiot. I tell him we will never
get out. I
tell him we may as well pitch a
fucking tent here. He
ignores me. I think he's still pissed
about the
Brooks and Dunn tunes. I whistle "Neon
Moon" loudly.
8:47 I am rallying. I have 4 warm beers
stuffed in
my pants. We're going to kick the
shit out of
Arizona.
9:11 Halftime score: Texas 31, Arizona
29. I am
pleased. I go to the bathroom to pee
for the 67th
time today. I giggle to myself because
of the
new opportunity to do "the bathroom
Brice." There are
no Arizona fans in the bathroom. I am
disappointed.
I tell myself (out loud) that I have a
"Niiiiiice
cock." No one is amused but me.
9:41 I walk to the bathroom while
drinking Bud Light
out of a can. Needless to say, they do
not sell beer
at the Erwin Center, much less Bud
Light out of a can.
I am stopped by an usher: "Where did
you get
that, sir?" I tell him (no shit):
"Oh, the
cheerleaders were throwing them up with
those little
plastic footballs. Would you mind
throwing this away
for me?" I take the last swig and hand
it to him. He
is confused. I pretend I'm going to the
bathroom, but
I run away giggling instead. I duck
into some
entrance to avoid the usher, who is now
pursuing me.
I sneak into a large group of people
and sit down.
The
usher walks by harmlessly. I am
giggling like a little
girl. I crack open another can of Bud
Light.
9:52 I am lost. In my haste to avoid
the usher, I
have lost my bearings. I have no ticket
stub. I
cannot find my seats. Texas is losing.
10:09 Texas is being screwed by the
refs. I am
enraged. I have cleared out the seats
around me
because I keep removing my hat and
beating the
surrounding chairs with it. A concerned
fan asks if
I'm OK and perhaps I shouldn't take it
so seriously.
I tell him to fuck off.
10:15 After the fourth consecutive
"worst fucking
call I have EVER seen," I attempt to
remove my hat
again to begin beating inanimate
objects. However, on
this occasion I miscalculate and I
thumbnail myself in
my left eyelid, leaving a one-quarter
inch gash over
my eye. I am now bleeding into my left
eye and all
over my shirt. "Perhaps," I think to
myself, "I'm
taking this a bit seriously."
10:22 I am standing in the bathroom
peeing. I'm so
drunk I am swaying and grunting. I have
a bloody
napkin pressed on my left eye. My pants
are bloody.
I have my (formerly) white shirt
wrapped around my
waist. I look like I should be in an
episode of Cops.
10:43 Texas has lost. I put my bloody
white shirt
back on my body and make my way for the
exits. I am
stopped every 20 seconds by a good
samaritan/cop/security guard to ask me
why I am
covered in blood, but I merely grunt
incoherently and
keep moving.
10:59 With my one good eye, I have
located the
parking garage. I walk up six flights
of stairs,
promise that when I see my friend I
will punch him
in the face for making me walk up six
flights of
stairs, find the truck, and collapse in
a heap in the
bed of the truck. I look around and
notice that
traffic is lined up all the way around
the garage, six
whole flights, and no one is moving. I
take a nap.
11:17 I awake from my nap. I see my
friend in the
driver's seat. I lift my head to look
out the bed of
the truck and notice that traffic is
lined up all the
way around the garage, six whole
flights, and no one
is
moving. I am too tired to punch my
friend. I call my
friend a "Stupid fuck."
11:31 I lift my head to look out the
bed of the truck
and notice that traffic is lined up all
the way around
the garage, six whole flights, and no
one is moving.
I call my friend a "Stupid fuck."

11:38 I lift my head to look out the
bed of the truck
and notice that traffic is lined up all
the way around
the garage, six whole flights, and no
one is moving.
I call my friend a "Stupid fuck."

11:47 I lift my head to look out the
bed of the truck
and notice that traffic is lined up all
the way around
the garage, six whole flights, and no
one is moving.
I call my friend a "Stupid fuck."

11:58 I am jostled. The truck is
moving. I lift my
head to look out the bed of the truck
and notice that
traffic is beginning to move on the
second floor. I
jump out of the truck, walk to the edge
of the parking
facility, and pee off the sixth floor
onto the street
below. My friend looks at me like I
just anally
violated his minor sister. I turn
around and pee
on the front of his truck while singing
the lyrics
to "Neon Moon."
12:11 We are moving. We are out of
beer. I jump
from the truck and go from vehicle to
vehicle until
someone gives me two beers. I am happy.
I return to
my vehicle.
12:26 We have emerged from the parking
facility. We
make our way to my apartment and find
Ed sitting on
the couch with a freshly opened bottle
of Glenlivet on
the coffee table in front of him. We
are all going to
die tonight.
12:59 We have finished three-quarters
of the bottle
of Glenlivet. We decide it would be a
wonderful idea
to go dancing at PollyEsther's. Ed has
to pee. He
walks down the hall to our apartment
and directly into
the full length mirror at the end of
the hall,
smashing it into hundreds of pieces. We
giggle
uncontrollably and leave for
PollyEsther's.
1:17 The PollyEsther's doorman laughs
uncontrollably
at our efforts to enter his club.
"Fellas," he says
in between his fits of spastic
laughter, "I've been
working this door for almost a year.
I've been
working
doors in this town for almost 5 years.
And I can
honestly say that I ain't never seen
three drunker
mother fuckers than you three.
Sorry, can't let you
in." We attempt to reason with him. He
laughs
harder.
1:44 We find a bar that lets us in. We
take two
steps in the door and hear "Last call
for alcohol!" I
turn to the group and mutter: "See, dat
wasn't that
fuckin' hard. Day don't fuckin' do that
at the
Awamo...the awaom...the
alab...fuck it, that stadium
we
was at today..." We order 6 shots of
tequila and
three beers.
2:15 Back on the street. We need food.
We hail a
cab to take us the two and one half
blocks to Katz's.
The cab fare is $1.60. We give him $10
and tell him
to keep it.
2:17 There is a 20 minute wait. We give
the hostess
$50. We are seated immediately.
2:25 We order two orders of fried
pickles, a Cobb
salad, a bowl of soup, two orders of
Blueberry
blintzes, two Reuben sandwiches, a
hamburger, two
cheese stuffed potatoes, an order of
fries, and an
order of onion rings.
2:39 The food arrives. We are all
asleep with our
heads on the table. The waiter wakes us
up. We eat
every fucking bit of our food. Most
of the restaurant
patrons around us are disgusted. We
don't give a
shit.
The tab is $112 with tip.
2:46 I'm sleepy.
9:12 I wake up next to a strange woman.
She is the
bartender at Katz's. She is not pretty.


---------------------- Forwarded by Mary Hain/HOU/ECT on 02/01/2001 05:13 PM
---------------------------

Mary Hain
02/01/2001 05:02 PM
To: mday@gmssr.com
cc:
Subject: CAISO Notice: Further Public Record Act Request from the San Jose
Mercury News to the EOB

Please deal with this.  I never saw a document from you on the last public
record request.  Please advise.
---------------------- Forwarded by Mary Hain/HOU/ECT on 02/01/2001 05:12 PM
---------------------------

Alan Comnes
02/01/2001 04:41 PM
To: Mary Hain/HOU/ECT@ECT
cc:
Subject: CAISO Notice: Further Public Record Act Request from the San Jose
Mercury News to the EOB

FYI
---------------------- Forwarded by Alan Comnes/PDX/ECT on 02/01/2001 04:41
PM ---------------------------

"Fuller, Don" <DFuller@caiso.com>@caiso.com> on 02/01/2001 04:40:15 PM
Sent by: "Happ, Susan" <SHapp@caiso.com>
To: ISO Market Participants
<IMCEAEX-_O=CAISO_OU=CORPORATE_CN=DISTRIBUTION+20LISTS_CN=ISO+20MARKET+20PARTI
CIPANTS@caiso.com>
cc:

Subject: CAISO Notice: Further Public Record Act Request from the San Jose
Mercury News to the EOB

Market Participants and Scheduling Coordinators:

On January 24 the EOB received a further Public Record Act request from the
San Jose Mercury News for information that may include information provided
by the ISO to the EOB and may include information subject to ISO tariff
section 20.3.  Attached please find the Public Record Act request and the
letter from the EOB forwarding the request to the ISO.  Market Participants
wishing to provide comments to the EOB on the request should submit such
comments directly to the EOB.

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

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

 - Public R.pdf


Here are the latest stranded cost numbers.

This analysis is based on internal curves.  Please do not release without
approval from Belden or S. Kean.  We will try to redo the analysis using
public forward curve numbers but in the mean time ...

The biggest refinement is that I made an adjustment for the fact that many
contracts are gas indexed and their price falls.  Both gas and electricity
have fallen since DWR released their numbers in late May.  I was able to
replicate the total contract cost of $41 billion, which gives me some
confidence in the approximations I have made.

The bottom line numbers are out at columns AB to AF

Executed only, undiscounted and discounted ($million)
 8,098      6,456
Executed and Agreement In Principal, undiscounted and discounted ($million)
 13,840     10,639

In otherwords, the $20 billion number I quoted earlier is down to $13.8
billion due to the adjustment for gas costs.

Comments welcome.


Rick, I spoke to Rob Milnthorp about this and he indicated that one of the purposes of the email was to simply disclose the key commercial and commercial support contacts and that he appreciated both the legal and government affairs individuals described are not members of EES Canada but are rather members of their respective groups.  It was clear Rob felt the memo was appropriate and I frankly didn't choose to engage him in any further discussion/argument about how it could have been written so as to more accurately describe how members of the Government Affairs Group in Calgary and Toronto will provide Government Affairs support to EES Canada.

Rob

 -----Original Message-----
From: 	Cappelletto, Nella
Sent:	Wednesday, August 29, 2001 3:22 PM
To:	Hemstock, Robert
Subject:	FW: EES Canada

 -----Original Message-----
From: 	EES Distribution,   On Behalf Of EES Office of Chairman,
Sent:	Tuesday, August 28, 2001 12:10 PM
To:	All EES@ENRON
Subject:	EES Canada

Attached please find two attachments from EES Office of Chairman:


Daren - The prices Duke is billing us are:

4/99 at $ 1.5810
 5/99  at $ 1.9975

Aimee

---------------------- Forwarded by Aimee Lannou/HOU/ECT on 05/11/2000 03:58
PM ---------------------------

	From:  Stephanie Gomes                           05/11/2000 03:50 PM

To: Aimee Lannou/HOU/ECT@ECT
cc:
Subject: Re: Crow O'Connor Meter 6757

Aimee,
Prices that Duke invoiced us:
 4/99 at $ 1.5810
 5/99  at $ 1.9975

Thanks, Stephanie

   Aimee Lannou                05/11/2000 03:45 PM

To: Fred Boas/HOU/ECT@ECT
cc: Howard B Camp/HOU/ECT@ECT, Stephanie Gomes/HOU/ECT@ECT
Subject: Re: Crow O'Connor Meter 6757

Fred  & Stephanie-  Meter 6757 has been reallocated.

Stephanie - What price does Duke show we owe them for the months in question?

Fred Boas
05/11/2000 03:18 PM
To: Aimee Lannou/HOU/ECT@ECT
cc: Robert E Lloyd/HOU/ECT@ECT, Howard B Camp/HOU/ECT@ECT, Stephanie
Gomes/HOU/ECT@ECT
Subject: Crow O'Connor Meter 6757

Aimee:
Please put the ENA 201 contract at this meter for April and May of 1999 with
the Track ID 117848 and reallocate the meter for both months.  After this is
done please let Stephanie and I know so that she can redraft her invoice the
next day after POPS bridges to MOPS.  Also with respect to the second issue
where Daren is asking for the price, Stephanie may be able to help you with
this because she has a copy of Duke's invoice.

Stephanie:
The Crow O'Conner meter is essentially fixed.  When Aimee reallocates you
will have to wait until the next day to redraft your invoice.  When Aimee
gets back with us please redraft the invoice the next day and let me know if
this issue is resolved.

Fred

Daren J Farmer
05/11/2000 02:14 PM
To: Aimee Lannou/HOU/ECT@ECT
cc: Fred Boas/HOU/ECT@ECT, Pat Clynes/Corp/Enron@ENRON
Subject: Re: Sarco Lateral and Crow O'Connor Meters

I have created deal 266962 for the volumes at mtr 6757.

What price is Duke reporting for the mtr 5192 volumes?  The only activity
we've had out there is payback with Koch.

D

   Aimee Lannou                05/09/2000 03:30 PM

To: Daren J Farmer/HOU/ECT@ECT
cc: Fred Boas/HOU/ECT@ECT, Pat Clynes/Corp/Enron@ENRON
Subject: Sarco Lateral and Crow O'Connor Meters

Daren - Have you had a chance to look at this?

- Aimee
---------------------- Forwarded by Aimee Lannou/HOU/ECT on 05/09/2000 03:26
PM ---------------------------
   Aimee Lannou                05/04/2000 03:26 PM

To: Daren J Farmer/HOU/ECT@ECT
cc: Fred Boas/HOU/ECT@ECT
Subject: Sarco Lateral and Crow O'Connor Meters

Daren - Can you set up new deals for meter 6757 and 5192?

 Meter 6757 Crow O'Connor -  Counterparty Duke Energy & Trading

  Month  Contract Deal #
  June 99  ENA 201 87426
  July 99  HPL 215 95072
  Aug 99  HPL 215 102775
  Sept 99  HPL 215 110502

 Meter 5192 Sarco Lateral

  No deal has ever been set up for meter 5192 for Duke Energy & Trading.
There is flow for May, July and Nov. 99.

Will you please let me know if you set up new deals for these meters?

Thanks.

Aimee
---------------------- Forwarded by Aimee Lannou/HOU/ECT on 05/04/2000 03:17
PM ---------------------------

Fred Boas
05/04/2000 12:08 PM
To: Aimee Lannou/HOU/ECT@ECT
cc: Robert E Lloyd/HOU/ECT@ECT, Howard B Camp/HOU/ECT@ECT
Subject: Sarco Lateral and Crow O'Connor Meters

Aimee:

The Crow O'Connor, meter 6757 has its gas allocated to Strangers Gas for
April and May 1999 and Duke has been calling Settlements asking for their
money.  I will need to set up accounting arrangements for this meter for
these months so please provide me the correct transportation contract and
valid deal # for this transaction.

In addition, the Sarco Lateral, meter 5192 has its gas allocated to Strangers
Gas for May and July 1999 and Duke has been calling Settlements asking for
their money.  I will need to set up accounting arrangements for this meter
for these months so please provide me the correct transportation contract and
valid deal # for this transaction.

I would like to get this done ASAP since the customer is calling Settlements
and we start close next week.

Thanks,

Fred


Joya:
I want to make sure that while I am out on leave that I can access my
computer here.  I noticed that since Lotus Notes changed I cannot access my
e-mail from my computer at home.  Would it be better for me to take a laptop
home and is that possible?  Please advise.
carol


Our first flag football game is tonight! Are you in?

Nick Hiemstra
03/27/2000 10:00 AM
To: Eric Bass/HOU/ECT@ECT
cc:
Subject: Re: Game Tonight

What game?

	Enron North America Corp.

	From:  Eric Bass                           03/27/2000 08:55 AM

To: Brian Hoskins/HOU/ECT@ECT, Luis Mena/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Amir Ahanchian/HOU/ECT@ECT, Matthew Lenhart/HOU/ECT@ECT, Timothy
Blanchard/HOU/EES@EES, Bryan Hull/HOU/ECT@ECT, Jeffrey C Gossett/HOU/ECT@ECT,
O'Neal D Winfree/HOU/ECT@ECT, David Baumbach/HOU/ECT@ECT, Kenneth
Shulklapper/HOU/ECT@ECT, Nick Hiemstra/HOU/ECT@ECT
cc:
Subject: Game Tonight

The game is at 8:45 at the Post Oak YMCA.  The Post Oak YMCA is outside the
loop at the corner of San Felipe and Augusta.

We have eight as of now, so make sure and let me know if you can't make it
for any reason.


Todd is completing his short-term role on the CommodityLogic team, and it is
my hope that he will be able to provide some help for you after that is
completed, while also working in his role with Weather.  I have sent a
message to Brent and I am sure that we will talk.  --Sally

James New
08/16/2000 07:54 AM
To: Sally Beck/HOU/ECT@ECT
cc: Mike Jordan/LON/ECT@ECT, Brent A Price/HOU/ECT@ECT
Subject: Todd Hall

Sally,

As you are probably aware the Continental Power book split project went well
but there were a number of areas which were not completed for one reason or
another but essentially IT did not deliver according to the agreed timetable.
Todd was instrumental in helping me to drive this forward and was responsible
for much of what we achieved.

As you may also be aware we had some personnel issues and there have been
significant changes in the Continental Risk Management team. We have now
recruited a strong manager in Coralie Evans from CSFB and she starts on the
29th of August. We have also added Michelle Waldhauser from the Houston Gas
Risk Management team who arrived on the 7th of August.

There are a number of issues and developments which would greatly benefit
from having Todd here in London for around a month (I say around a month as I
am guessing within this period he would want to spend some time in Oslo
pushing the weather Risk Management area forward). Attached is a page I put
together that cover our immediate needs and why Todd is ideally placed to
potentially add an enormous amount of value to the Continental Power business.

Could we please get together with Brent Price and Mike Jordan and discuss
whether Todd would be available come over.

Thanks and regards James


AGENT JD/JD BOOKING REF ZB7QRA

SHAPIRO/RICHARD
EB 1046B

ENRON CORP

DATE:  JUL 03 2001

SERVICE               DATE  FROM           TO             DEPART  ARRIVE

CONTINENTAL AIRLINES  10JUL HOUSTON TX     LONDON GATWICK 645P    955A
CO 4       J          TUE   G.BUSH INTERCO GATWICK                11JUL
TERMINAL DOM   TERMINAL S
DINNER/SNACK                  NON STOP
RESERVATION CONFIRMED         9:10 DURATION
AIRCRAFT: BOEING 777-200/300

HOTEL                 10JUL 41 ALL INCLUSIVE HOTEL
12JUL 41 BUCKINGHAM PALACE ROAD
LONDON, SW1W 0P5
UNITED KINGDOM
TELEPHONE: 44-20-7300-0041
FAX: 44-20-7300-0141
CONFIRMATION: CFX6J3
REFERENCE: T1KENR
SINGLE ROOM KING SIZE BED
RATE: ENR GBP 275.00 PER NIGHT
GUARANTEE GIVEN
PREREG ACTUAL ARR 11JUL 0955A NONSMK KING
HOTEL REQUIRES CANCELLATION BY 2DAYS PRIOR TO DAY OF ARRIVAL

CONTINENTAL AIRLINES  14JUL LONDON GATWICK HOUSTON TX     1200N   415P
CO 5       J          SAT   GATWICK        G.BUSH INTERCO
TERMINAL S     TERMINAL DOM
LUNCH/SNACK                   NON STOP
RESERVATION CONFIRMED         10:15 DURATION
AIRCRAFT: BOEING 777-200/300

MISCELLANEOUS         11NOV HOUSTON TX
SUN   ** THANK YOU FOR USING THE TAP **

RESERVATION NUMBER(S)  CO/VNTJ6Y

SHAPIRO/RICHARD  S0C0011R1000

CO  FREQUENT FLYER COVC807624
ASSISTANT: GINGER DERNEHL 713 853-7751
*******************************************
INTL TVLRS: CARRY SOS WALLET CARD W/ENRON ASSISTANCE INFO
CALL SOS MEDICAL EMERGENCY:IN U.S 800 523-6586
CALL SOS MEDICAL EMERGENCY:INTL 215 245-4707 (COLLECT)
*********************************************
ALL FARES ARE SUBJECT TO CHANGE UNTIL TICKETED/PURCHASED

Jerry Dunn
Travel Agency in the Park
1221 Lamar , Ste 718
Houston, Texas 77010
713-860-1832
or 713-650-8080 x1232
fax:713-860-1870
email: jerry.dunn@travelpark.com


Notice # 01-187
June 1, 2001

TO:
All NYMEX and COMEX Division Members and Member Firms

FROM:
Neal L. Wolkoff, Executive Vice President

RE:
Implementation of Rule Amendments Increasing Capital Requirements for NYMEX
and COMEX Clearing Members

DATE:
June 1, 2001
===========================================================
Please be advised that the Exchange has determined to implement amendments to
NYMEX Rule 9.21 (&Minimum Capital Requirements8) and to COMEX Clearing
Association Rule 20 (&Minimum Capital Requirements8), which are attached
below. The amendments further enhance the financial integrity of the Exchange,
s Clearing Houses by raising the minimum capital requirements applicable to
all Clearing Members from $2 million to $5 million.  The amendments will go
into effect on June 30, 2001.

If you have any questions concerning this change, please contact Bernard
Purta, Senior Vice President, Regulatory Affairs and Operations, at (212)
299- 2380; Arthur McCoy, Vice President, Financial Surveillance Section,
NYMEX Compliance Department, at (212) 299-2928; or Charles Bebel, Vice
President, Clearing Department, at (212) 299-2130.

NYMEX Rule 9.21. MINIMUM CAPITAL REQUIREMENTS

(Additions are indicated by asterisks; Deletions are in {Brackets})

         "(B) Financial Requirements

 Each clearing member registered with the Commission as a futures commission
merchant shall have and maintain working capital equal to or in excess of the
greater of {$2,000,000} *$5,000,000* or the amount prescribed in Commission
Regulation 1.17. Except as provided in Rule 9.02(K), all other Clearing
Members shall have and maintain minimum working capital of {$2,000,000}
*$5,000,000*.

CCA Rule 20. MINIMUM FINANCIAL REQUIREMENTS

(Additions are indicated by asterisks; Deletions are in {Brackets})

 (a)(ii) &A Clearing Member must have and maintain at all times an adjusted
net capital or working capital, as the case may be, of not less than the
amount set forth in Rule 20(b)( .8
 (b)(I) &For a Clearing Member which is a Futures Commission Merchant
registered as such with the Commission {and which is a U.S. person,} the
minimum amount of adjusted net capital shall be {two million ($2,000,000)}
*$5,000,000* {Dollars}.8
 {(b)(ii) &For a Clearing Member which is a Futures Commission Merchant
registered as such with the Commission and which is a non-U.S. person, the
minimum amount of adjusted net capital shall be Two and One Half Million
($2,500,000) Dollars of which at least One Million ($1,000,000) Dollars ( .8}

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

"http://208.206.41.61/email/email_log.cfm?useremail=sara.shackleton@enron.com&
refdoc=(01-187)"

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.


It was good to see you last week, too.  That was a big group, and there were
many people that I just passed in the halls!  I would love to participate,
but I will be out of town on September 14.  Rick Causey is hosting an offsite
meeting from Septemer 13-15 in San Antonio.  Thanks for thinking of me.
--Sally

Jo Ann Hill@ENRON
09/06/2000 10:50 PM
To: Sally Beck/HOU/ECT@ECT
cc: Andrea Yowman/Corp/Enron@ENRON
Subject: SAP Initiative

Sally - it was great seeing you last week at the ASE in Dallas.  I'm sorry we
didn't have the opportunity to work together in any of the groups.  As you
may know,  I have just completed the SAP HR Implementation Project and my
current role, working for Andrea Yowman, is to maximize our investment in SAP
HR.

To that end, next Thursday, 9/14, two people from SAP will be here to
interview non-HR managers on a new project as described below.  You have been
identified as an excellent resource to participate in this effort, and I
would appreciate it if you would be able to spend 1/2 hour with this team and
have your admin spend another hour with them as well -- times noted below.

Please let me know if you are available and willing to participate in this
initiative.  It is the beginning of our ongoing relationship with SAP to
develop what Enron needs, and your input is considered invaluable to this
process.  Please respond with your availability at the times noted below and
I will prepare a final agenda and itinerary early next week.

Thanks for your consideration to participate in this effort.  If you have any
questions or need further information, please do not hesitate to call me at
3-0363.
Thanks.
Jo Ann

Proposed agenda
We would like to interview managers and their administrators.

 9:30 - 10:00 SAP Team interviews/observes manager#1
10:00 - 11:00 SAP Team interviews/observes admin assistant of manager#1

 1:00 -  1:30 SAP Team interviews/observes manager#2
 1:30 -  2:30 SAP Team interviews/observes admin assistant of manager#2

 2:30 -  3:00 SAP Team interviews/observes manager#3
 3:00 -  4:00 SAP Team interviews/observes admin assistant of manager#3

What is this project?
SAP is developing new software for managers that will be integrated with the
Workplace. It will be flexible and powerful enough to support managers at
all levels and in all industries. This project is supported directly by the
HR Desktop Manager group and has been endorsed by top managers throughout
SAP in the U.S. and Germany.

SAP has learned that to produce great software products we have to get close
to our end users. To do that, we need your help. Our goal is to visit eight
SAP customers in the U.S. Enron is one of the eight companies we would like
to visit.

Who do we want to interview and observe?
In a one-day visit, we want to observe and interview three types of
managers.
* High-level manager, involved in strategic planning, overall budget
responsibilities, strategic direction. The high-level manager tends to
delegate most of his daily and weekly activities to subordinates.
* Operational manager, involved in running a large department or small
subsidiary. Often reports to the high-level manager. Has budget and
personnel responsibility for the department or subsidiary. May also have
product-planning responsibilities.
* Group manager, primarily focused on a business activity such as
accounts payable manager, line manager, or production planner; but also
involved in managing a small group. Often has hands-on personnel and
lower-level budget responsibilities. Concerned with the day-to-day business.

What can you expect during a site visit?
We have found that the most efficient way to organize our interviews is to
meet with a contact person in your company (that would be me) who will then
escort us to our
interviews. This allows our team to introduce themselves and explain their
objectives.  Our interviews are conducted at the managers' workstations
where our team will spend about 1/2 hour observing the manager in his/her
daily work and asking questions.  We will then spend the next hour with
his/her
administrative assistant.

Interviewees do not have to prepare anything. We prefer to interview people
where they work because often the work environment can give us a lot of
insights about what managers need from a software product. We ask people to
be completely honest and forthcoming with us. We treat all sensitive
information with utmost confidentiality.

There will be two teams from SAP meeting with a total of 6 managers and
administrative assistants from
various areas in various business units.


All,

Attached is a resume for Trevor Woods.  Trevor worked with me at HPL and
directly for me in Technology.  He is outstanding and left to do the dot com
thing with his brother-in-law who was CEO of this company.  He is interested
to come back to Enron and is talking to various people around Enron.  He has
offer opportunities at EBS and EES and has been talking with Billy Lemmons
about ag.  Trevor is great and would be excellent in a Jr. commercial roll in
an origination type of function.

He is interested in moving pretty quickly and if you have an interest please
contact him in the near future.

Shanna can coordinate the times but i recommend him highly and he would be an
asset to EGM.

Mike
---------------------- Forwarded by Mike McConnell/HOU/ECT on 03/30/2001
10:12 AM ---------------------------

Trevor Woods <trevor@shadowpack.com> on 03/29/2001 02:45:29 PM
To: "'Mike.McConnell@enron.com'" <Mike.McConnell@enron.com>
cc:
Subject: FW: Resume: w/contact info

Mike,
Any of the following ways to reach me work equally.? Thanks again.

Contact Info:
Work- 614-792-6050
Cell- 415-637-8304
Email- trevor@shadowpack.com

Trevor Woods
Director, Business Development
415-637-8304
Shadowpack
www.shadowpack.com

-----Original Message-----
From: Trevor Woods
Sent: Thursday, March 29, 2001 3:34 PM
To: 'Mike.McConnell@enron.com'
Subject: Resume

Mike,
Thanks for taking the time to catch up this afternoon.? It was nice speaking
with you and I hope your travel schedule eases up a bit.

Attached is a copy of my resume.? I appreciate you forwarding this for me.
Speak with you soon,
Trevor

Trevor Woods
Director, Business Development
415-637-8304
Shadowpack
www.shadowpack.com

-----Original Message-----
From: Mike.McConnell@enron.com [mailto:Mike.McConnell@enron.com]
Sent: Thursday, March 22, 2001 8:55 AM
To: trevor@shadowpack.com
Subject:

Trevor,

It was great hearing from you.?? Please send me some info via email to look
at and circulate.

Thanks,
mike

?
 - resume3-22.doc


I'm sure it is...I'll just keep forwarding the emails to you as I get them.  However, I will warn you that I'm on vacation from the 14th-26th of August.  I'm going to visit my brother and his wife in S. Korea so it should be interesting.  Anyway, you may want to give a heads up to people to make sure they're sending the information to the right person.

Susan M. Scott

 -----Original Message-----
From: 	Scott, Susan
Sent:	Friday, August 10, 2001 11:59 AM
To:	Scott, Susan M.
Subject:	RE: Texas - Retail Market

Thanks Susan.  I'm in the middle of my official Enron name change, so you might get a few e-mails for me in the next few weeks.
Never change your name at this company; it is the biggest nightmare!

Susan Lindberg
 -----Original Message-----
From: 	Scott, Susan M.
Sent:	Friday, August 10, 2001 8:57 AM
To:	Scott, Susan
Subject:	FW: Texas - Retail Market

For you....

 -----Original Message-----
From: 	Hetrick, Nancy
Sent:	Tuesday, August 07, 2001 12:03 PM
To:	Scott, Susan M.
Cc:	Twiggs, Thane; Ryall, Jean; Kingerski, Harry
Subject:	Texas - Retail Market

Per our conversation, I have put the following information together for you to distribute to individuals in EPMI.  This details out verious aspects of the Texas retail market.  I have included in Item 3 below a copy of a Texas market analysis I prepared for EES which provides detailed implementation requirements.  The following are high-level items that I see need to be completed for EPMI to enter the Texas Retail market by January 1, 2002.
	1)  Complete ERCOT LSE application
	2)  Review market requirements
	3)  Compare market requirements (enrollments, billing, payments, etc.) with current 	system capabilities for gaps
	4)  Develop EDI maps based on Version 1.4
	5)  Register for and complete Flight 1001 Testing
	6)  Execute applicable TDSP agreements (copies attached)
		Delivery Service Agreement
		Electronic Funds Transfer (EFT) Authorization
		Electronic Data Exchange Trading Partner Agreement

Please feel free to contact me at 712-366-3399 or page me at 888-912-1426, if you have any questions or if I can be of assistance in getting EPMI in the Texas Retail Market.

1)  Need to complete the ERCOT LSE application, copy attached.  ERCOT Contact for assistance:  Karen Berman 512-248-3171
 << File: LSE_Registration_Form.zip >>
2)  Need to review background information from ERCOT Protocol Sections #15 (Customer Registration) and #19 (Texas Standard Electronic Transactions), copies attached.
 << File: ERCOT Protocol #15-070101.DOC >>  << File: ERCOT Protocol #19-010501.doc >>
3)  I have attached a copy of a Texas Market Analysis that I prepared for EES.  The general rules are identical for each TDSP service territory.  This provides details of the implementation requirements.
 << File: AEP - Texas Executive Market Summary.doc >>
4)  EDI Implementation Guides (Version 1.4) to support the Texas Market Opening January 1, 2002, have just been released.  This Version will be the basis for Flight 1001 testing.  Additional information including scenario maps, change control process, etc., can be found at http://www.ercot.com/Tac/RetailISOAdHocCommittee/Customer/SET/keydocs/Keydocs.htm.

 << File: Version1.4.zip >>
5)  There is a detailed EDI testing plan in place for Texas.  This testing process is administered by the Independent Third Party Testing Administrator (ITPTA).  The website where all of this information can be reviewed is http://itpta.intellimark-it.com/.  Attached is the Testing Signoff Worksheet that must be completed prior to beginning the testing process.  Tentative key testing dates for Flight 1001 (the last testing flight for January 1, 2002 market opening) are:
	August 30th		Mandatory Market Orientation for Trading Partners
	September 11th		All paperwork must be submitted for testing
	September 13th		Flight 1001 Connectivity Testing will begin
	September 27th		Flight 1001 Kickoff
	December 5th		Completion of Flight 1001 Testing
 << File: TxTSW.doc >>
6)  A uniform set of TDSP T&Cs were filed and adopted by the PUCT, copy attached.
 << File: TDSPs T&Cs.pdf >>
7)  Execute applicable TDSP agreements.  I have attached, as an example, agreements required by Reliant:
 << File: Reliant DSA.pdf >>  << File: Reliant EDI Agreement.pdf >>  << File: Reliant EFT Agreement.pdf >>


Per my voice mail.  Please call ASAP.  Thanks.  SS
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 05/10/99 09:05
AM ---------------------------

Mark Evans
05/06/99 09:17 PM
To: Sara Shackleton/HOU/ECT@ECT
cc: jdavies@linklaters.com, fxavier@linklaters.com, Mark - ECT Legal
Taylor/HOU/ECT@ECT, Treasa Kirby/LON/ECT@ECT, Philippe Penet/LON/ECT@ECT,
tyates@velaw.com
Subject: RIVERSIDE 6

Sara,

I hope you have now received instructions from your commercial swaps team to
put together an ISDA  currency swap and confirm which ECT Corp will be
providing to either Enron Europe Power 3 Limited or a subsidiary of that
company. The subsidiary will be receiving dollars under a bond issue and
paying pounds out (a spot transaction I believe) but will then receive pounds
income which it will need to convert to dollars to pay interest on the bonds.

The precedent document is the Sutton Bridge currency swap.

Can you please confirm you have been instructed and let us know your timing
for issuing a document.  The sooner we can see this next week the better.

The bond trustee will as usual require the swap to be backed with legal
opinions from Enron in-house counsel (Mark Haedicke) re due execution and
from V&E (Terry Yates) re enforceability. My understanding is that the swap
will not be guaranteed by Corp (correct Julian?).

Linklaters are representing Enron - Julian Davies and Fran Xavier (tel: 171
456 2000). Could you please send them your fax, telephone and email details.
Linklaters have kindly agreed to prepare a first draft of the Mark Haedicke
opinion and to send it out to you Sara.

Thank  you. I look forward to hearing from you.

     Mark


FYI
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 04/13/2000
06:10 PM ---------------------------

Raymond Yeow@ENRON_DEVELOPMENT
04/13/2000 03:58 PM
To: David Minns/ENRON_DEVELOPMENT
cc: Sara Shackleton@ECT, Paul Quilkey/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Stephen J Lowe/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Heidi
Mason/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Nick Mooney/LON/ECT@ECT, Jerven
Zhang/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: Global Confirm for Weather

Dear David,

Thanks to you for your prompt attention and to Jerven for finding Christian's
corrected document.

Nick has commenced the process to put a global confirm which can be used
woeldwide by Enron for weather derivatives,
He has contacted Paul Simons , ex Clifford Chance , ISDA board member, and
SFC compliance officer to kick off.

In the meantime, we will use the document below { CDD 13-04-00.doc }
but changes will still be further required - sorry :o(

A.
Payment Date(s)

want to say that final payment from any adjustment is no later than 20 biz
days after end of 95 days.
Avoids continual payments if temp is revised frequently in the 95 days.

B.
in Floating amount for
time, and tighter defn of temperature
and base temp is 18

C.
Data Sources
I want to make the Final payment dependent not on website ( because website
is not updated when a correction occurs)
but rather the final
Data Source is  "daily temp and climate archive" of the National
climate centre ( NCC) of BoM

Do you want me to type up changes for you to peruse or shall i chase up
directly with Sara ?
Who OKs the wording of the confirm. ?

Thx, Raymond
13 April

To: Raymond Yeow/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:

Subject: FYI---Re: Australian CDD Confirmation

---------------------- Forwarded by Nick Mooney/LON/ECT on 14/04/2000 03:33
---------------------------

	Enron Europe

	From:  Nick Mooney                           13/04/2000 14:55

To: Paul Simons/LON/ECT@ECT
cc:

Subject: FYI---Re: Australian CDD Confirmation

Paul,
as per my voicemail - here is a draft confirm for weather - on the deems ISDA
basis preparred by the guys downunder. Would like you professional input to
help them with an interimsolution on this contract.

Further down the line (and this should also be encompassed in the web stuff)
we need to have alegal group that works toward producing a master contract
confirm that can be used for all Weather deriv structures and used in a
global marketplace.  Just a quick job for a supremo like you!!!

I'll talk to you on Monday when I get back into London about the politics!!!

have a great weekend
Nick
---------------------- Forwarded by Nick Mooney/LON/ECT on 13/04/2000 20:48
---------------------------

Raymond Yeow@ENRON_DEVELOPMENT
13/04/2000 13:38
To: Mark Tawney@ECT, Nick Mooney/LON/ECT@ECT, Steven Vu@ECT, Christian
Werner/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:

Subject: FYI---Re: CDD Confirmation

David Minns
04/13/2000 12:17 PM
To: Raymond Yeow/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Sara Shackleton@ECT, Paul Quilkey/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Stephen J Lowe/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: CDD Confirmation

Raymond attached is the CDD confirmation form. I have gone through the
comments on the draft Jerven gave me. The only change I made is the inclusion
of a weather station number in addition to a name. There was a question mark
next to the website reference and a comment that there is no quality control
for public access. Is the website reference OK?

Sara this confirmation follows the ENA model. The changes  only relate to the
differing measurement references. We also included a  paragraph 5 to further
reduce the possibility of the trade being characterised as insurance. If ENA
is the counterparty then it should be enough to reference the relevant ISDA
Master Agreement and change the references to EAF to ENA.


Stephen -

Thanks for the faxes earlier today.  I have looked at the change you made and
would like to see it read as follows:  "(vii) TradeSpark shall confirm with
Customer, by a means other than through the System, any trade in which
TradeSpark acts as a broker in a broker-assisted trade."  This is consistent
with our conversation and creates an obligation outside of the System, which
is what Enron is looking for.

I do not need to see another lined version as I am confident this change will
be made.  I will, however, request, that you forward originals to my
attention for signature by Enron.  If they are overnighted, I will ensure
they are signed tomorrow and forwarded back to your attention immediately for
counter-signature by TradeSpark.  This will dispense with the need to have
signed faxes and originals.

Thanks for your continued efforts and cooperation

Mark
Senior Counsel, ENA
Phone:     713-345-8897
Facsimile: 713-646-3940
E-Mail:      Mark.Greenberg@enron.com


Let me know if this does not work.  This is a report straight from the calculation engine so it is easy and fast to generate.

Stacey


My apologies-- I have to admit that I dropped the ball on this one. WIth the
market going crazy, yearend and some stuff going on in London, I havent
totally formulated the response to you.  I will get a response to you early
next week.  Obviously, we have had alot of discussions internally with many
issues/questions.  However, I understand that you need an answer soon so we
will revert quickly.
Happy New Year.

-----Original Message-----
From: Andy.Zipper@enron.com [mailto:Andy.Zipper@enron.com]
Sent: Thursday, December 28, 2000 1:14 PM
To: mbergonia@edfman.com
Subject: discussions

Mary,

Just wondering what path you folks want to pursue. Give me a call if you
want to continue discussions, or let me know if you want to drop it.

Hope you had a good Holiday season,
Andy Zipper


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I have all of you set up in my group profile for CES now.
---------------------- Forwarded by Chris Germany/HOU/ECT on 03/28/2000 05:53
PM ---------------------------

Chris Germany
03/28/2000 05:50 PM
To: Katherine L Kelly/HOU/ECT@ECT, Victor Lamadrid/HOU/ECT@ECT, Edward
Terry/HOU/ECT@ECT, Tricia Bowen/HOU/ECT@ECT, Dan Junek/HOU/ECT@ECT, Judy
Townsend/HOU/ECT@ECT, Cindy Vachuska/HOU/ECT@ECT, Clarissa
Garcia/HOU/ECT@ECT, Molly LaFuze/HOU/ECT@ECT, Robert Allwein/HOU/ECT@ECT,
Beverly Beaty/HOU/ECT@ECT, Anita K Patton/HOU/ECT@ECT, Victoria
Versen/HOU/ECT@ECT, Meredith Mitchell/HOU/ECT@ECT, Jessie
Patterson/HOU/ECT@ECT, Briant Baker/HOU/ECT@ECT, Sabra L Dinari/HOU/ECT@ECT,
Jesse Villarreal/HOU/ECT@ECT, Joe A Casas/HOU/ECT@ECT, Molly
Johnson/HOU/ECT@ECT, Robin Barbe/HOU/ECT@ECT, Scott Hendrickson/HOU/ECT@ECT,
Sarah Mulholland/HOU/ECT@ECT, Kate Fraser/HOU/ECT@ECT, Dick
Jenkins/HOU/ECT@ECT, Brenda H Fletcher/HOU/ECT@ECT
cc:
Subject: CES Daily March Requirements for 3/28 and after

My fault.  I should have sent this out this morning.
---------------------- Forwarded by Chris Germany/HOU/ECT on 03/28/2000 05:50
PM ---------------------------

dkinney@columbiaenergygroup.com on 03/28/2000 08:43:05 AM
To: " - *Kevin.Ruscitti@enron.com" <Kevin.Ruscitti@enron.com>, " -
*chris.germany@enron.com" <chris.germany@enron.com>
cc: " - *cfrankl2@enron.com" <cfrankl2@enron.com>, " -
*joan.veselack@enron.com" <joan.veselack@enron.com>, " - *vversen@enron.com"
<vversen@enron.com>, " - *cindy.vachuska@enron.com"
<cindy.vachuska@enron.com>, " - *cora_pendergrass@enron.com"
<cora_pendergrass@enron.com>, " - *mmitche2@enron.com" <mmitche2@enron.com>,
" - *scott.goodell@enron.com" <scott.goodell@enron.com>, " -
*steve.gillespie@enron.com" <steve.gillespie@enron.com>, " -
*cgarcia@enron.com" <cgarcia@enron.com>, " - *despey@enron.com"
<despey@enron.com>, " - *joann.collins@enron.com" <joann.collins@enron.com>
Subject: CES Daily March Requirements for 3/28 and after

The attached file contains our daily volume requirements for
and          .    There are two worksheets:  The one labelled with today's
date
contains the volumes that we need at each of the delivery points indicated.
The schedulers will want to check this sheet to see how much gas is needed at
a
specific point.

The sheet labelled 'Daily Change' shows the change (increase +/decrease -) in
the requested daily volume relative to a prior value.  For the current gas
day,
the change is an intra-day change and is calculated using the previous day's
volume request for the current day (e.g., If the current gas day is 3/28, then
the change is computed with respect to the 3/27 request for 3/28).  For
tomorrow's gas day and any subsequent ones shown, the change is computed using
the First-of-the-month volumes requested for those days.  (e.g., If today is
3/28, then the change for 3/29, 3/30, etc. is computed with respect to the
first-of-the-month volumes for those days.)   This sheet should be useful in
determining prices for daily changes in gas volumes that we take or turn back.

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

 - 03-28-00 daily vols AM.xls


Davis' energy fix

Gov. Gray Davis' recent plea for a quick presidential
energy fix in the form
of price caps is an ominous sign that he has given up on
his own solutions.
Apparently Gov. Davis has completely run out of ideas on
how to fix the
energy crisis he ignored for two years until it was too
late, and his begging
for price caps comes in the face of bipartisan opposition
to such a
short-sighted solution.

The fact is that last December, Davis' energy advisers at
the ISO asked the
FERC to remove price caps because they were constricting
supply and
threatening blackouts. Even President Clinton's FERC
chairperson opposed
price caps because they can lead to blackouts.

If the governor's only solution is to blame Washington
for his own problems,
then he ought to consider forfeiting his paycheck because
he will have
completely abdicated his responsibility to provide
Californians with solutions.
Here are some unsolicited suggestions: Let's make
California an
energy-independent state by 2004. Let's invest in our own
home-grown
energy sources and use energy more efficiently. Let's
ensure we have healthy
utilities and that our state isn't burdened for decades
by high energy costs.

Assemblyman Dave Cox
California Assembly Republican Leader

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


There will be an "Introduction to Electricity Market Models" seminar on
Tuesday, December 19, 2000 @ 3:30PM in Conf. Room 30C1.  Please plan on
attending.  If you should need additional information or have any further
questions, please contact George Hopley at ext. 3-9463.

Many Thanks,

Felicia
for George Hopley

---------------------- Forwarded by Felicia Doan/HOU/ECT on 12/11/2000 04:12
PM ---------------------------

George Hopley
12/08/2000 05:30 PM
To: Felicia Doan/HOU/ECT@ECT
cc:
Subject: Re: seminar on beyond ols

Can you send out an email announcing a meeting conducted
by Enron Research concerning;

Introduction to electricity market models
Their approach to the process including
including non-linear aspects.

Details as below,

Please send out to analysts, specialists, mid-marketers and traders.

Thanks

George

---------------------- Forwarded by George Hopley/HOU/ECT on 12/08/2000 05:20
PM ---------------------------

Vince J Kaminski
12/08/2000 08:31 AM
To: George Hopley/HOU/ECT@ect
cc: Vince J Kaminski/HOU/ECT@ECT, Clayton Vernon/Corp/Enron@ENRON, Vasant
Shanbhogue/HOU/ECT@ECT
Subject: Re: seminar on beyond ols

George,

Let's move the meeting to 3:30 on Tuesday,
December 19.

Vince

George Hopley
12/07/2000 05:38 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc: Clayton Vernon/Corp/Enron@ENRON
Subject: Re: seminar on beyond ols

Vince -

I certainly appreciate the opportunity to have our group attend
a session given by Enron Research.  While afternoons are typically
the best time to meet, we do have a trader's meeting each Mon & Wed
at 3:30.  If we can accomodate this regular meeting either by scheduling
an earlier meeting on Monday or going for Tue/Thurs, that would be
great.  Otherwise we can go ahead with the Mon @ 3:30 with an audience
that might be a bit smaller.

Thanks again

George

---------------------- Forwarded by Clayton Vernon/Corp/Enron on 12/07/2000
05:20 PM ---------------------------

Vince J Kaminski@ECT
12/07/2000 03:24 PM
To: Clayton Vernon/Corp/Enron@ENRON
cc: Vasant Shanbhogue/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT

Subject: Re: seminar on beyond ols

Clayton,

We can offer the seminar / discussion session on Monday, December 18,
at 3:30. Please, let me know if this would work.

Vince


Sara,
What entity are these agreements in.  If they are in ECT Investments name, I
think you should do.  If they are in ENA name, London can sign.
sheila
---------------------- Forwarded by Sheila Glover/HOU/ECT on 08/11/2000 10:38
AM ---------------------------
From: Sara Shackleton on 08/11/2000 10:20 AM
To: Justin Boyd/LON/ECT@ECT, Paul Simons/LON/ECT@ECT
cc: Sheila Glover/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Samantha
Boyd/NA/Enron@Enron, Mike Fowler/Corp/Enron@ENRON
Subject: EnronCredit.com Limited electronic trading agreements

Justin/Paul:  The Houston contingent of EnronCredit.com Limited has a number
of agreements which they would like to have executed.  All ENA/Enron Corp.
affiliate brokerage/futures agreements are signed by the Enron trading party
TOGETHER WITH Ted Murphy (for control purposes).  I am currently reviewing
about 4-6 of these agreements.

How should we handle review of the referenced agreements originating from
Houston?  Shall I continue to review?
Do you have trading resoutions/authorized trader lists in place for
EnronCredit.com Limited?

I look forward to hearing from you.  Sara


Thursday, December 27, 2001

Richard B Buy
Enron
,

Dear Richard

Here's to wishing you a Merry Christmas and a Happy New Year!!!!! I
think that 2002 is going to be a much better year than 2001!!!!!

Here's a great article from the most recent issue of Fast Company. All

indicators point towards a turnaround.

PS I apoligize if you got this email message twice;  I have two email

databases and they overlap.

Dal Coger
Tsunami Partners
781-874-0527

Digital Matters - Issue 52
Most everyone has written off the dotcoms. Smart investors are finding
the
real value.
by Fast Company
illustrations by Jack Unruh
from FC issue 52, page 74
Alt Text

Every nine months McKinsey and Co., the world's premier management
consultancy, publishes an "e-performance" survey of more than 200 Internet

businesses around the world. These dotcom companies have combined revenues

of roughly $2 billion. The most recent survey, published in May 2001,
found
that 20% of the companies covered were profitable and that a significant

number of the others were heading in that direction.
Dotcoms that were making money were "e-tailers," with clothing e-tailers

doing particularly well. Companies that were losing money were content

sites; news and sports sites were struggling the most. Monika Kubicova,
one
of four McKinsey consultants who oversee the survey, told the Financial

Times, "For e-tailers there is quite good reason for optimism, with a

reasonable number starting to show profitability. Content businesses,

however, are still playing with their business models and are in the red."
The McKinsey survey received virtually no press coverage, because it did
not
fit the major media's prevailing conventional wisdom, which is that the

Internet sector in general -- and the dotcom sector in particular -- is
as
dead as smelts. But as the survey makes clear, for something so dead,
these
sectors are showing all kinds of life. This past July, a streamlined
priceline.com announced that it had turned a second-quarter profit. Google,

the search-engine site that is now run by former Novell wizard Eric Schmidt,

recently announced that it was solidly profitable. EBay, Travelocity.com,

and a host of other companies also reported strong second-quarter earnings.

All of these solid performances occurred in the teeth of a global economic

slowdown.
Indeed, the big, largely unreported summer story of 2001 was the renewal
of
financial interest in all things related to the Internet. Goldman Sachs
and
other major investment houses swarmed across Europe, bottom-fishing among

distressed telecom and wireless properties. Deal flow in
Internet-infrastructure companies quickened in the United States as price

points became much more "realistic." Even seemingly doomed content companies

such as Salon.com attracted funding.
A couple of years from now, people will look back on the summer of 2001
as
the time when the music started up again. Dan Burstein, a managing partner

of Millennium Technology Ventures LP ( MTVLP ), is one among many smart

investors who see the wind shifting. For almost 15 months, Burstein says,

MTVLP didn't see a deal that was worth the price of admission. In fall
2000,
MTVLP knew of one that was priced at $1 billion. By spring 2001, that
exact
same deal was valued at below $100 million. At $1 billion, the deal was
an
almost perfect metaphor for Internet insanity. At below $100 million,
it was
a good investment. MTVLP bought a stake. Burstein sees the current situation

as analogous to the savings-and-loan crisis and the great real-estate

collapse of the late 1980s to early 1990s. The S&L meltdown led to
write-offs of more than $500 billion and caused a meltdown in the
real-estate sector. At the time, there was much talk about "overcapacity"

and "glut" in the real-estate mark!
ets. Today, the telecom industry may have to write off anywhere from $300

billion to $1 trillion in bad debt. And that has caused severe distress
in
the Internet-infrastructure world.
Having worked at the Blackstone Group LP prior to setting up MTVLP, Burstein

has good institutional memory of what a big opportunity looks like. Under

the direction of former commerce secretary Pete Peterson, Blackstone
surveyed the wreckage of the S&L/real-estate crisis and decided to establish

a separate entity to get in on the action -- even though Blackstone had
no
prior experience in real-estate investing. The company ended up buying

packets of properties, and when the market revived in the latter half
of the
1990s, Blackstone sold them off at a staggering profit. Burstein thinks
that
the telecom and Internet shakeout of the past two years is an investing

opportunity of similar size and scope.
Consider the prevailing wisdom that there is a bandwidth glut. You can
read
a thousand research reports on the Internet, and invariably you will find

someone whining about this glut. It is certainly true that the information

superhighways running down the fiber-optic lines between major metropolitan

areas are, for the moment, underutilized. But does that mean that they
will
be underutilized in five or seven years?
The likely answer to that question: Of course not. Pervasive computing
means
that new appliances, new security systems, new HVAC installations in
buildings, whether commercial or residential, will communicate with server

farms to exchange information constantly. Peer-to-peer technology will
have
computers talking back and forth to one another, constantly updating
information for millions of end users. Gaming will continue to grow and

become for the echo-boom generation what television was for the baby
boomers.
All of these technologies will be added to an ever-growing traffic flow
of
email, messaging, searches, and business communications. Enabling all
of
this technology will require enormous amounts of bandwidth and gargantuan

amounts of what George Gilder calls "storewidth": the response time between

entering a request on the Web and getting back the first page. Bandwidth
and
storewidth companies have been hammered over the course of the past 18

months, to the point where they are now selling at relatively reasonable

prices. Like the real-estate glut of the late 1980s, the bandwidth glut
of
the early 2000s is almost certainly a temporary phenomenon. So it's not

surprising that major investment houses are scouring the countryside,

looking at Internet-infrastructure companies that will enable the coming
of
all of these new technologies.
It will take a number of years before we know which investors made the
right
bets. The secret of business success is that much of it derives from luck

and timing. But after 18 months of virtually no activity, with huge pools
of
investment money sitting on the sidelines in cash accounts, the great
game
has quietly restarted. Investment companies are back at the table placing

their bets. And the biggest bets are being wagered in the beleaguered

telecom sector, which makes sense. European telecoms in particular overpaid

for spectrum licenses and, in doing so, jeopardized their franchises.
Now
they must sell off key assets to stay afloat. Those assets are selling
at a
significant discount. Situations like that attract big money very fast.
The next wave will occur in the Internet-infrastructure sector as companies

with strong market positions but weak cash flow hit the wall and grow

desperate. The last wave will be in a whole range of dotcom companies
--
especially shopping bots. As peer-to-peer computing advances, shopping
bots
will not only be able to find you the best price on any given item, but
they
will also give you the ability to auction out your business. Kids need

back-to-school clothes? Bid your business out on the Internet, and the
Gap
will have to offer you $1,000 worth of merchandise for $850. If it doesn't,

Target will.
Ever since April 14, 2000, the question has been, When is this thing (
the
Internet business, for lack of a better phrase ) going to turn around?
The
answer is in that McKinsey survey and in the behavior of some of the world's

leading investors: It's turning around now. If the S&L/real-estate crisis
is
a suitable analogy, it'll take about five years to get from here to there.

Along the way, there's lots of money to be made.
John Ellis ( jellis@fastcompany.com ) is a writer and consultant based
in
New York.
Dal Coger
Tsunami Partners
Executive Search & Selection
Ph # 781-395-2981
Ph # 781-874-0527
Cell 781-718-8397
Fax 781-395-2719
wireless email 7817188397@msg.myvzw.com
web site http://tsunamipartners.tripod.com

Sincerely,

Dal Coger
Principal