Louise -

Below is the report on yesterday's DealBench issues.  Please let me know if
you would like further information.

- Dan

 -----Original Message-----
From:  Elrod, Hal
Sent: Friday, February 02, 2001 2:53 PM
To: Bruce, Dan
Cc: Hillier, Bob; Spitz, John
Subject: DealBench 2/2 auction failure cause and solution
Importance: High

Event Sequence
? Lot 1 of two Sabre auctions went through without issues
? Between Lots, there was a scheduled 15 minute interval.  About 10 minutes
into this period, developers monitoring the system saw errors showing up on
the View Deal page.  Within minutes, users reported the same problem
reentering the Sabre deal.  The rest of the site was unaffected
? Within five minutes, the problem was isolated to the document management
subsystem of DealBench.  Solution Attempts:
? Restart the process that returns documents
? Move the documents off the deal
Solution:
? Create a second deal, same structure as the first, but without the
documents.
? The auction on the second Lot started approximately 40 minutes late.  Once
started, it continued without further errors through several auction
extensions, finally resulting in a $500K savings for Sabre.

Cause
? Document management process stopped returning documents and was instead
returning null values.  This caused the View Deal page to appear "hung". The
Document to be served was the "deal agent logo", a special document type that
is displayed at the top of the page.

Contributing Factors
? The run.bat script, which launches the document management Java process,
was not logging its status
? The SQL statement that retrieves the deal agent logo did not correctly
handle the special case of a document file being moved.  Therefore, moving
the deal agent logo to another deal did not solve the error.
? run.bat had never failed previously, and the process had been running
consistently for over 60 days.  Therefore it was not initially suspected as a
problem source.

Fixes
? An immediate stop-work on further enhancements to DealBench until system
stability has been addressed
? Isolate document management process in the test environment, and thoroughly
test all possible failure scenarios.
? Start logging and tracking of run.bat script and document management process
? Make document management process fully redundant, so it will failover in
the event of error
? Increase monitoring on new log files
? Initiate an in-depth architectural review with Kevin Montagne's team, to
identify further areas to improve system robustness


Beginning in 2001, Enron will include Martin Luther King, Jr. Day as one of
our 11 official holidays for U.S. employees.  Martin Luther King, Jr. is one
of our nation's most remarkable heroes, and we want to honor his tremendous
contributions to our history by observing his holiday.

Next year, Martin Luther King, Jr. Day falls on Monday, January 15.  See the
holiday schedule below for a list of other holidays that Enron will observe
in 2001.

2001 Holiday Schedule

Monday	January 1	New Year,s Day
Monday	January 15	Martin Luther King Day
Monday	February 19	President,s Day
Monday	May 28	Memorial Day
Wednesday	July 4	Independence Day
Monday	September 3	Labor Day
Thursday	November 22	Thanksgiving Day
Friday	November 23	Thanksgiving Observance
Monday	December 24	Christmas Observance
Tuesday	December 25	Christmas Day
Discretionary Day

Days designated Observance are floating holidays set by Enron for the year.
A Discretionary Day may be taken as a holiday on any work day with the
supervisor,s prior approval.  When used, it must be designated on payroll
records for that pay period; depending on the State where employed, an unused
discretionary holiday may be forfeited at year end.  For more information*
especially concerning holiday pay for employees who work other than the
standard, 8-hour, 5-day work week*please refer to HR policy #12 (Work Hours,
Holidays, Vacation) or contact your HR representative.


Sorry.  I have always listed the address as plove @enron.com  How are things
going with you?  Good I hope.  We just got back from Denver.  Rachel
Bonilla's wedding.  Boy the weather and the air are beautiful up there.  We
really considered moving.
PL


Please make sure you do the following before you leave tonight....Thanks for your help.  Tjae

Subject:	IMPORTANT!  Actions needed Tuesday.

In preparation for the upcoming move to Enron Center South we are moving your Home Directories to a new trading cluster.

WHAT YOU NEED TO DO:
This will occur for you this EVENING after 6:30PM.
We will need to restart your computer in order to complete this action.
Please log out or your computer by 6:30PM, if the machine is not logged off we will reboot the machine in order to complete these actions.
Save your data before going home this evening.
If you have outstanding circumstances and cannot be down, please speak to the tech when he comes to your desk.

HERE ARE A FEW OF THE BENEFITS OF THIS ACTION:
Newer, more stable environment
More disk space available for common data
Faster network connections

HOW THIS WILL EFFECT YOU:
If you are a laptop user and have to work at home, you should save any work to your 'C:' drive on the laptop.  DO NOT use the "My Documents" folder.  When you return to work and reconnect to the network, any changes made to files/folders in the "My Documents" folder may be deleted from the laptop.
Laptops reconnecting to the network for the first time will receive a synchronization error.

RESOLUTION:
Please call the Resolution Center (x3-1411) and they will correct the problem ASAP.
We will have additional Technicians available on the floor if the Resolution Center has any problems.


FYI.  It appears that the California Governor is working pretty hard to stop
this market.  We are looking into the politics behind this letter, especially
who in the administration drove this dramatic response.

Jim

---------------------- Forwarded by James D Steffes/HOU/EES on 07/28/2000
07:29 AM ---------------------------

Jeff Dasovich on 07/27/2000 08:05:28 PM
To: James D Steffes/HOU/EES@EES, Sandra McCubbin/SFO/EES@EES, Susan J
Mara/SFO/EES@EES, Mona L Petrochko/SFO/EES@EES, Richard Shapiro/HOU/EES@EES,
Mary Hain@ENRON_DEVELOPMENT, Joe Hartsoe/Corp/Enron@Enron, Cynthia
Sandherr/Corp/Enron@Enron, Paul Kaufman@EES, Dave Parquet@ENRON_DEVELOPMENT,
Tim Belden@ECT, Robert Badeer@ECT, Mark Palmer, Karen Denne/Corp/Enron@Enron,
Peggy Mahoney/HOU/EES@EES, Dennis Benevides/HOU/EES@EES, Roger
Yang/SFO/EES@EES, Kathleen E Magruder/HOU/EES@EES
cc:
Subject: California Governor Comes Out Hard for Price Caps

Just received by fax a press release and letters sent by Davis to Jim
Hoecker, the Chair and the CEO of the ISO, the Chair and the CEO of the PX,
the Pres. of the PUC, the Chair of the Energy Oversight Board.  The language
is highly charged and negative.  Tim/Bob:  Note call for caps on PX
equivalent to caps in ISO real time market.  In sum:

Letter to Chair and CEO of the ISO
Apply to FERC for extension of rate cap authority
Apply to FERC for finding that market is not competitive.
Reduce wholesale price cap to lowest reasonable level.

Letter to Chair and CEO of PX
Apply to FERC for bid caps in day-ahead and day-of spot markets equal to ISO
caps in real time markets.

Letter to Pres of PUC
Wholesale electricity market lacks competition.
Support filings that he's asked the ISO and the PX to make at FERC.
File a petition with FERC requesting a finding that "no competitive market
currently exists in California, and requesting an extenstion of the price cap
authority..."
Refund immediately to SDG&E consumers the $100 million dollars SDG&E "found"
in an account

Letter to Chair of Energy Oversight Board
Urge ISO to petition FERC for extension of price cap authority
Urge ISO to lower caps to lowest reasonable level
Urge ISO to file petition with FERC for finding that "no competitive market
for energy exists in California"

Letter to Hoecker (cc'd are Clinton, Boxer, Feinstein, Farr, Lewis, Burton,
Brulte, Hertzberg and Baugh)
"...there is virtually no price elasticity in this market, and little
prospect of change in the short run."
If FERC's investigation finds abuse, FERC should order refunds to consumers.


Maureen,

How do you generate this forecast?

Vince
 -----Original Message-----
From: 	Mujica, Mitra   On Behalf Of Raymond, Maureen
Sent:	Thursday, June 28, 2001 1:56 AM
To:	Hudler, Cindy; Shahi, Pushkar; Stuart III, William
Cc:	Koepke, Gwyn; Kaminski, Vince J
Subject:	US CPI

Hello!

Enclosed is the CPI monthly forecast file.

Mitra
on behalf of Maureen Raymond


Mark,

Got your message.

Please call me or Marcello when you get this email and one of us will try to
help you.

I am 011 44 171 970 7483 wk    011 44 7867 550 598 cell

Marcello: 011 44 171 316 5409 wk   011 44 468 736 212 cell

Dave


-----Original Message-----
From: 	TargetEmailDirect <TargetEmailDirect@temd.net>@ENRON
Sent:	Saturday, December 15, 2001 2:14 PM
To:	dfarmer@ect.enron.com
Subject:	Asking For Your Permission.

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To unsubscribe see below.
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Your email address has been verified to receive online promotions and offers from Target Email Direct or one of our affiliates.  We respect your online time and privacy and pledge not to abuse this medium.  If you prefer not to receive further e-mails of this type from us, please reply to this e-mail and type Remove in the subject line.

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Dear Daren,

We are sending you this email to verify that you have opted in to
one of our affiliate sites to receive special offers and promotions
that fit your selected categories of interest. We are seeking your
permission and the privilege to service you via email.

We look forward to providing you with valuable offers and we promise
to respect your online time and privacy and not to abuse this medium.

If you do not wish to have us contact you via email, please reply
to this message and type "Remove" in the subject line.
Your name will be deleted immediately from our email list.

Seasons Greetings!

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Email Direct, LC.

web site: www.TargetEmailDirect.com

Your email address has been verified to receive online promotions and offers from Target Email Direct or one of our affiliates.  We respect your online time and privacy and pledge not to abuse this medium.  If you prefer not to receive further e-mails of this type from us, please reply to this e-mail and type Remove in the subject line.

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sure, stop by and we'll arrange a place to meet.  If you come by  during
trading hours though, I can only say hi for a couple seconds.

"Mark Sagel" <msagel@home.com> on 10/17/2000 05:20:14 PM
To: <John.Arnold@enron.com>
cc:
Subject: Re: Thursday meeting

That sounds fine. Would you like to meet at your office and go from there?
By the way, I will be in your office earlier in the afternoon for a meeting.
Perhaps I can stop over to say hello.  ----- Original Message -----
From: <John.Arnold@enron.com>
To: <msagel@home.com>
Sent: Tuesday, October 17, 2000 5:53 PM
Subject: Re: Thursday meeting

how about 6:00 for drinks

"Mark Sagel" <msagel@home.com> on 10/17/2000 04:34:56 PM

To:   "John Arnold" <jarnold@enron.com>
cc:
Subject:  Thursday meeting

Hey John:

When you have a chance, let me know what time works for us to  get together
Thursday. Thanks,

Mark Sagel
Psytech Analytics


Greg Whalley has available Diamond level seats (4 + parking) for the 2001
Astros' season.   Greg would like to offer you usage of these tickets for
customer relations and employee appreciation.  Listed below are some of the
amenities associated with the diamond club.  Please contact me, Liz Taylor, @
x31935 for availability.

Parking:  Your parking pass enables you to park in the lot closest to Enron
Field.

Dining:  A private dining room is located behind the field-side seating
area.  Special requests should be phoned in at least 3 hrs prior to game
time.

Hours:  The Diamond Club opens two hrs before the first pitch and closes 1/2
hr after the final out is recorded.

Many Thanks,

Liz Taylor


---------------------- Forwarded by Chris Germany/HOU/ECT on 03/07/2000 10:56
AM ---------------------------

"Immer, Ingrid" <Ingrid.Immer@Williams.com> on 03/06/2000 03:41:57 PM
To: "'Chris Germany'" <Chris.Germany@enron.com>
cc:
Subject: RE: Demand Charges

Hey Chris, IT will fix the invoicing problem tomorrow.  I'm not sure how the
fix will work - if there will be a PPA created, or what.  I'll give you an
update tomorrow afternoon b/c I'll be out of the ofc in the a.m.  Thanks.
ii

> -----Original Message-----
> From: Chris Germany [SMTP:Chris.Germany@enron.com]
> Sent: Monday, March 06, 2000 8:39 AM
> To: ingrid.immer@williams.com
> Subject: Demand Charges
>
>
>
> Here are a couple of demand charges I don't understand.  AGL released CES
> some
> ESR (offer #18307) and WSR (offer #18210).  The demand portion of these
> contracts being billed on k#1.3473.  What's up.
>


Notice to Members No: 01-353
October 23, 2001

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

FROM: 	J. Robert Collins, Jr., President

SUBJECT:	Approved Amendments to COMEX Rule 4.94, "Settlement Price
Procedures for Copper Contracts"

The Exchange has complied with regulatory requirements by filing with the
Commodity Futures Trading Commission amendments to COMEX Rule 4.94,
"Settlement Price Procedures for Copper Contracts".  The approved amendments
to Rule 4.94 modify the settlement price procedure for the current delivery
month by taking into consideration, not only the weighted average price
(rounded to the nearest minimum fluctuation) of all outright transaction
that occur in the closing range, but also the weighted average for all
spreads executed and all spread bids and offers actively represented between
the most active month and the current delivery month during the final thirty
minutes of trading.

A copy of the amended Rule 4.94 is attached.  These Rule amendments will
become effective on Monday, October 29, 2001.

Should you have any questions please contact Michael Campanelli at
212-299-2072, Albert J. Getz at 212-299-2608 or Ploumi Efkarpidis at
212-299-2334.

Approved Rule Amendments
(Asterisk indicates additions: bracketing indicates deletions)

Rule 4.94	Settlement Price Procedures for Copper Contracts.

	(A)(i) The term "base month" shall mean the March, May, July,
September, and December delivery months; (ii) the term "most active month"
with respect to this rule and the rules of COMEX Chapters 11 and 17 shall
mean the base month that is not the current delivery month, with the
greatest reported open interest on the official COMEX daily open interest
report.

* (B)   The settlement price for the current delivery month shall be
comprised of the weighted average price (rounded to the nearest minimum
fluctuation) of all outright transactions that occur in the closing range
combined with the weighted average price of all spreads executed between the
current delivery month and the most active month and all spread bids and
offers between the current delivery month and the most active month actively
represented during the final 30 minutes of trading.  If no outright
transactions occur in the closing range or no spreads are executed or there
are no spread bids and offers actively represented during the final 30
minutes of trading in the current delivery month, the settlement price shall
be the last trade price, unless during the closing range a bid higher or
offer lower than the last trade price is made.  In such event, such higher
bid or lower offer shall be the settlement price. *

	[(B)] *(C) *  The settlement price for the [current delivery month
and the] most active month shall be the weighted average price (rounded to
the nearest minimum fluctuation) of all outright transactions that occur in
the closing range.  If no outright transactions occur in the closing range
of [either the current delivery month and] the most active month, the
settlement price [for the applicable month] shall be the last trade price,
unless during the closing range a bid higher or offer lower than the last
trade price is made.  In such event, such higher bid or lower offer shall be
the settlement price.

	[(C)] *(D)*  In all other delivery months, the settlement prices
shall be determined based upon spread relationships between and among
contract months, which relationships shall be determined in the judgment of
the Settlement Price Committee with:  (a) greater weight given to spreads
executed late in the trading day in large volumes, and (b) lesser weight
given to (i) spreads traded in lesser volumes, (ii) spread bids and offers
actively represented late in the trading day, and (iii) spread transactions,
bids and offers from earlier in the trading day.  Notwithstanding the
foregoing, no settlement price shall be established that would be lower than
the best outright bid, or higher than the best outright offer, that:  (a)
was for at least 20 contracts, and (b) had been posted with the Exchange and
had remained available for execution and unfilled for the final 30 minutes
of trading of that trading day.

	[(D)] *(E)*  If any settlement price, determined pursuant to
Paragraph [(C)] *(D)*, is inconsistent with transactions that occurred
during the closing range for other delivery months of the same futures
contract or with other market information known to the Committee, the
Committee may establish a settlement price at a level consistent with such
other transactions or market information.  In such event, the Committee
shall prepare a written record of the basis for any settlement price so
established.


We have a new backhual contract from Transco.

Term  12/8/2000 - 12/31/2000
Demand $.07
k#  3.7714
Volume  5,000
Rec  Zone 6
Del  Zone 1

I just set this up in Sitara.  Please try to set up an activity number on
this contract this afternoon.  Judy will be using this contract to flow 1 to
3, 2 to 3, or 3 to 3.  We may use this contract to hook up with Leidy gas and
flow it to the 210 pool or to Doyle.


Calpine has informed us it will not take assignment of our Precedent
Agreement.  West Power has not decided if it will submit a bid or elect to
opt out.  Chris Calger, who is working with John Lavorato, will decide before
tomorrow's 5:00 PM MST deadline if we will participate and how much we wil
bid.

Chris and I'll be in San Francisco Thursday and Friday.  Should you need to
contact us, call Chris at 415,782.7819 or 503.789.4248 (M) and me at
415.782,7827 or 713,398.6412 (M).  Thanks.


pls print for Bill meeting.  thanks df
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 05/14/2000
10:08 AM ---------------------------

Julia White
05/12/2000 05:40 PM
To: Shelley Corman/ET&S/Enron@ENRON, Tony Pryor/ET&S/Enron@ENRON, Steven
Harris/ET&S/Enron@ENRON, Dave Neubauer/ET&S/Enron@ENRON, Jeffery
Fawcett/ET&S/Enron@ENRON, TK Lohman/ET&S/Enron@ENRON, Mary Kay
Miller/ET&S/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON, Frazier
King/FGT/Enron@ENRON, Bob M Hall/FGT/Enron@ENRON, Ray Neppl/NPNG/Enron@ENRON,
Tammy Jaquet/ET&S/Enron@ENRON, Lynn Blair/ET&S/Enron@ENRON, Rick
Dietz/ET&S/Enron@ENRON, Richard Shepherd/NPNG/Enron@ENRON
cc: Bill Cordes/ET&S/Enron@ENRON, Steve Hotte/Corp/Enron@ENRON, Ricki
Winters/ET&S/Enron@Enron

Subject: TW Capacity Auction Timeline

Attached below is a proposed timeline for activities and deadlines for
completion of such activities associated with the upcoming TW auction on
EnronOnline. The timeline is set in order to meet the July 1 deadline for
implementation. We have tried to structure the activities and deadlines so
that it can be adapted to other GPG auctions as well. I appreciate everyone's
help in advance in meeting these dates which I certainly realize are tight
but are necessary in order to meet the July target. The key activities which
are critical for completion for the week of May 15 are as follows:

1.Webtext for TW Auction----Finalized by Monday May 15 (to be handed off to
EOL for auction site design).
2.Draft Customer Letter announcing auction out for internal comments by
Wednesday May 17.

In addition, a GPG distribution list for review of certain activities (i.e.,
customer letter, internal employee announcement, press release) has been
included. We will  update this timeline once a week. If you have questions,
please call.

THANKS for everyone's help in moving us along so quickly so far!!! We will be
able to meet the July goal!!!

Julia

Thank you,

Tammy


For anyone else other than Carlos who needs it

Bev
---------------------- Forwarded by Beverly Beaty/HOU/ECT on 10/30/2000 03:20
PM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "Steve Holmes" <Steve.Holmes@dvn.com>
10/30/2000 02:06 PM

To: <Beverly.Beaty@enron.com>, <carlos.j.rodriguez@enron.com>
cc:
Subject: 11/00 Co-Owner's Avails.

Please see the attached.

 - 1100Co-Owners Volumes to Enron.xls


Lost Items:
A cell phone and pair of glasses were found after the conference. Contact
Sara Davidson, if either of these items belongs to you.

Presentation Materials:
The guest speaker presentations will be available at the Enron Law Conference
website by the end of this week. The website is at
http://lawconference.corp.enron.com/. These materials can be found under the
Conference Schedule or . Through the icons on the left hand side the files
can be either launched and printed from the website, or the documents can be
sent to you via email.

Enron Legal Edge Availability:
Due to technical problems, the Enron Legal Edge will not be available till
later this week. An email will be sent out to all users when the site is
running and available. Sorry, for the delay.


---------------------- Forwarded by Judy Hernandez/HOU/ECT on 11/17/2000
01:08 PM ---------------------------

Daily-Blessings <dailyblessings.10@lists.postmastergeneral.com> on 11/16/2000
11:11:05 PM
To: judy.hernandez@enron.com
cc:
Subject: Daily blessing 11/17/00

Daily Blessing

http://www.daily-blessings.com/bless142.htm

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http://www.daily-blessings.com/humor45.htm

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<<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>>
* To remove yourself from this mailing list, point your browser to:
http://inbound.postmastergeneral.com/remove?dailyblessings:10
* Enter your email address (judy.hernandez@enron.com) in the field
provided and click "Unsubscribe". The mailing list ID is "dailyblessings:10".

OR...

* Reply to this message with the word "remove" in the subject line.

This message was sent to address judy.hernandez@enron.com
X-PMG-Recipient: judy.hernandez@enron.com
<<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>> <<<>>>


I have scheduled a conference call for Wednesday October 18 at 1:30 p.m.
central time to discuss our strategy relating to the CPUC investigation.  The
dial in number is 1-800-998-2462 (pincode 4699545)

The rough agenda is as follows:

1. Update on conversations with CPUC attorneys (Fergus and Day)
2. Update on status of other companies' responses to CPUC subpoena
3. Update on compilation of trading data to be provided to CPUC (Fergus,
Yoder, Hain, Smith, Aamodt)
4. Legal analysis regarding Enron's objection to specific requests and to
CPUC jurisdiction (Day, Fergus, Watkiss)
5. Assignment of tasks to be accomplished


Dear Liz,

Hello from Rice.  Just thought I'd drop an email to see it works.  The
above address is my email here at Rice on sabbatical.  If you mail
to wsager@ocean.tamu.edu, that's my address at TAMU.  I recommend
the TAMU address because I have those messages copied here,
so I will get them no matter where I am.  But I sometimes don't see
the Rice messages if they come while I am back home.

So last I heard, I thought you were working as an attorney in a private
practice.  But now you must be working for Enron.  Seems like
everybody in Houston is working in the awl bidness these days.  I hosted
a career discussion group for our grad students last week and invited
TAMU alums to come talk about careers in oceanography.  All were
driven by the offshore energy industry in some way (either energy
companies, service companies, or regulatory agencies), except for
one guy from the Navy.  And they all said "don't plan to keep the same
job for more than ~10 years."

Nice to see you at the wedding.  We'll have to plan to get together some
time.

Bye,
Will
+++++++++++++++++++++++++++++++++
William W. Sager
Deptartment of Oceanography
Texas A&M University
College Station, TX 77843-3146
ph. 409-845-9828  cell ph. 409-219-0471
fax 409-845-6331

On Sabbatical
Rice University
Department of Geology & Geophysics
Houston, TX


Jeff Dasovich made some excellent changes to drive home our message points.
(Thanks, Jeff!) Mark should be pleased with this one.

Jeannie


GT,

Congratulations on the engagement!  Hate to see a good man go down, but it
happens to the best of us.  Sounds like things are going really well for
you.  When is the wedding?  Sounds like there are a lot of wedding bells in
the Townsend family these days.

With respect to the weekend; change of plans.  I will be staying in Houston
this weekend.  However, the following weekend myself and the red-faced Eric
and possibly his wife want to come to Austin to hang out.  Are you around
that weekend and could you handle 3 people crashing at your place.  If its a
problem let me know.

	"Townsend, George" <gtownsend@manorisd.net>
	05/24/2000 02:03 PM

		 To: "'Gerald Nemec'" <Gerald.Nemec@enron.com>
		 cc:
		 Subject: RE: What's Up

G,

I will be in town this weekend but my sister is getting married Saturday so
I will be tied up until late Saturday night. Does that fit your schedule.

Also, I am now an engaged man. Heather and I are super happy but don't
worry, that does not change things buddy. I am going to need all the male
bonding I can get. Heather is going to Spring on Sunday so I have Sunday and
Monday totally free.

Let me know
GT

> -----Original Message-----
> From: Gerald Nemec [SMTP:Gerald.Nemec@enron.com]
> Sent: Tuesday, May 23, 2000 3:03 PM
> To: gtownsend@manorisd.net
> Subject: What's Up
>
>
>
> GT,
>
> How is it going brother?  Got that house finished yet?    Wanted to see if
> you
> were going to be in town for the Memorial Day weekend.  I was kicking
> around the
> idea of doing some tubing and maybe stopping by Austion for a night to
> chase
> some good looking Austin women.  Drop me a line.
>


Sean Crandall
deal: 453094
error:  Sean with Amerex does not recognize

Diana Scholtes
deal: 452697
error: Prebon shows price as $93........enpower has $95

Mark fischer
deal: 453278
error:  Prebon shows terms as Dec'00 ......enpower shows 11/9


I received your message canceling Redmond and adding Clifford.
I also confirmed that Derek Davies is definitely not attending.
If we move Presto into the 3 bedroom condo with Davis and Dayao - it would open up a 2 bedroom.  Hopefully we can obtain another 2 bedroom and then cancel the 5 bedroom.
Your thoughts please.
Thanks.

Dorie Hitchcock
Event Manager
Enron
1400 Smith Street
Suite 3640a
Houston, TX  77002
Telephone:  (713) 853-6978
Fax:  (713) 646-5800
Cell:  (713) 594-7093
E-Mail:  dorie.hitchcock@enron.com


Fuel cells kindle investor energy
By Beverly Goodman
Redherring.com, November 27, 2000
Companies with no earnings. Market capitalizations in the billions even
though revenue hovers in the tens of millions. Analyst optimism bordering on
the feverish. We know -- this probably sounds all too familiar. But this time
we're not talking about some pie-in-the-sky dot-com stock valuations. We're
talking about companies with new technologies, tangible assets, and a clear
source of future revenue. We're talking about makers of fuel cells, a highly
efficient and environmentally sound means of generating electricity.
And while we won't deny that the recent run-up in their stocks befits the
pattern of investor enthusiasm for the latest fad, we at Red Herring expect
that alternative energy will be in fashion for quite some time. Investors
more interested in companies that sell dog food over the Internet can stop
reading here.
There's no mystery why fuel cells are an appealing source of energy: they
provide more reliable and efficient power with lower emissions and noise than
traditional generating sources (see Trend No. 9: Energy, December 4). Most
only require the simplest of gases and throw off only water and heat as
by-products, both of which are reusable. Simply put, fuel cells consist of
hydrogen and oxygen, separated by a catalyst. Typically, the fuel cell is
heated, causing a chemical reaction that generates electricity. Since nothing
is burned, no pollutants are created. In time, proponents say, fuel cells
will power everything from your cell phone to your car to the factories that
manufacture them.
During this era of greater environmental awareness and rising fuel prices,
fuel cell technology is increasingly looking like an appealing investment.
Stocks powered by fuel cell technology are up an average of 139 percent in
the last 12 months. That's despite a slow recovery from the 40 percent hit
they took in the spring. The Nasdaq, by comparison, has fallen 15 percent
since last November.
Investor interest has also prompted a recent spate of IPOs. H Power (Nasdaq:
HPOW), Millennium Cell (Nasdaq: MCEL), and Proton Energy Systems (Nasdaq:
PRTN) all went public within the past few months. While those IPOs may seem
to coincide neatly with the rising cost of fuel, that's not the whole
picture. "We're seeing a convergence of factors never seen before," says
William Fogel, a power technology analyst for First Albany. "The deregulation
in the utility industry has increased innovation; the transportation grid is
in jeopardy thanks to an increase in electrical demand from an Internet-based
economy; there's a growing need for increased reliability; and there's an
increasing recognition of the environmental degradation caused by the
combustion engine."
Admittedly, truly widespread applications remain more than a decade away, so
profits are similarly distant for fuel cell companies. But investors have
proven themselves willing to invest in technologies long before they become
mainstream, buying stocks that often defy traditional valuations. (Still
holding JDS Uniphase (Nasdaq: JDSU)?) With early-stage fuel cell technology
due out of the labs and available to individual and corporate consumers
within the year, this is still the early part of the adoption (and investing)
curve.
CELL DIVISION
The fuel cell market is generally divided into four segments: stationary,
portable, residential, and automotive. Fuel cells will likely hit the large
stationary market first, powering strip malls and factories, according to
David Redstone, editor of the Hydrogen and Fuel Cell Investor newsletter.
"We're talking about unprecedented efficiency," he says, noting that fuel
cells approach 60 percent efficiency (that is, 60 percent of the potential
energy in fuel entering the cell actually results in energy coming out).
Fuel cells can also be coupled with turbines to get their efficiency up to 80
percent, whereas traditional combustion engines only run at 35 percent
efficiency. The leading developer of these stationary cells is Fuelcell
Energy (Nasdaq: FCEL) (FCE), which is poised to be the first to commercialize
them in 2001. At first blush, FCE's 442 percent run-up in the last 12 months
and the fact that it won't be profitable until 2006 doesn't make its $59.50
stock price and price/sales ratio of 58 seem cheap. But using a variety of
metrics, including discounted cash flow, discounted 2006 net income, and
discounted 2006 revenue, Lehman Brothers analyst Maureen Murphy considers FCE
undervalued by 40 percent. Using a projected market value of five times
estimated 2006 revenue of $1 billion, she applies a discount rate of 17.5
percent annually to arrive at a 12-month price target of $124.
Portable applications for fuel cells, like generators and boat engines, are
also expected to be commercialized soon. Ballard Power Systems (Nasdaq: BLDP
), with more than 370 patents issued or pending, has proven itself in nearly
all fuel cell applications and has promised to bring a small fuel
cell-powered generator to market in 2001. "They don't make promises they're
not able to keep," says Christine Farkas, a senior specialist and director at
Merrill Lynch. "They've never disappointed." Ballard has also made
significant strides in the automotive market and owns 27 percent of Xcellsis,
a fuel cell engine maker that is a joint venture with DaimlerChrysler (NYSE:
DCX) and Ford Motor (NYSE: F).
Analysts expect Ballard to continue to post losses until sometime in 2004,
and its current price-to-sales ratio is a whopping 265. Still, Ballard's
involvement in all aspects of fuel cell applications leads Ms. Farkas to
expect the company to earn $24.22 per share by 2013 -- which works out to
approximately $2.2 billion in net income. Applying a multiple of 25 to those
earnings, and a 15 percent discount rate, she comes up with a projected stock
price of $150 a year from today, or 93 percent above recent prices.
INDUSTRY REVOLUTION
Even though powering cars with fuel cells is still some years off, the notion
has found allies in some unlikely industries -- the major oil and automotive
sectors. Ford chairman William Clay Ford Jr. declared at the 2000 Detroit
Auto Show, "Longer term, the fuel cell will end the 100-year reign of the
internal combustion engine." Legislation such as California's mandate that by
2003 fully 10 percent of cars sold (an estimated 22,000) must run on
alternative energy will also help speed industry and public acceptance.
While not a pure-play on fuel cells, Impco Technologies is well positioned to
see its fuel cell business grow along with its other alternative fuel
delivery, storage, and power electronics systems. Mr. Fogel expects Impco's
products to compete for 40 percent, or $5 billion of the forecasted $12.5
billion automotive fuel cell market in 2010. (Its much more down-to-earth P/S
ratio of 1.6 is an added attraction for investors -- any risk involved in
Impco's fuel cell development is hedged by its full involvement in the
alternative fuel industry.) "They're involved with almost every aspect of
General Motors's global alternative fuel production, design, and
implementation efforts," Mr. Fogel says.
Impco was hit particularly hard this spring, and is still, at $18, 65 percent
off its March 6 high of $52. But by using a 45 multiple on projected 2006
earnings per share of $2.86 and applying a 20 percent discount, Mr. Fogel
arrives at a price-to-earnings-to-growth ratio of less than one -- a
conservative multiple for stocks with similar growth prospects. Mr. Fogel
sees more than a 100 percent upside for the company's stock, expecting it to
return to its high in the coming 12 months.
Despite the industry hype and science fiction scenarios, there will
inevitably be setbacks. Take, for example, Plug Power (Nasdaq: PLUG), which
ran out of gas when General Electric (NYSE: GE), which owns one-third of a
joint venture with Detroit Edison (NYSE: DTA) and Plug, decided to change
course. Plug's trailing 12-month revenue of $13 million (giving it a
price-to-sales ratio of 64) hinged on the venture, in which a fuel cell
powered a house, independent of the local electrical grid. Instead, GE now
wants to develop a "grid parallel" system, which would work in tandem with
the existing system. That news, coupled with management woes and Nasdaq
turbulence, sent Plug's share price falling 80 percent, from $140 on March 13
to $16.50 on November 24. It will take all the energy fuel cells can generate
to get that stock back on track.
Discuss energy trends in the new economy in the ongoing Energy Industry Moves
Forward discussion forum, or check out forums, video, and events at the
Discussions home page.


Hi Steve:
 Good to hear from you and hope you are liking your new role at U. of
Maryland. I would like to come but I am not sure if I will be able to make it
to this conference. I will forward your message to my colleagues and ask them
to contact you if they are interested.

Thanks,
Krishna.

---------------------- Forwarded by Pinnamaneni Krishnarao/HOU/ECT on
12/12/2000 12:08 PM ---------------------------

Steve Gabriel <sgabriel@eng.umd.edu> on 12/11/2000 10:52:21 AM
To: pkrishn@ect.enron.com
cc:
Subject: INFORMS-Maui

Krishna:
How are you doing?  I wanted to let you know my new address, I'm now at the
University of Maryland.  Also, in my role as energy cluster chair for the
Maui, Hawaii INFORMS conference (June 17-20, 2001), I am looking for either
session chairs or speakers.  Perhaps you may know of some interested
individuals?  I am also running a session on Optimization and Equilibrium
Modeling in Energy, please send interested speakers (or possible session
chairs to me).  Thanks.

-Steve Gabriel
==========================================
Steven A. Gabriel, Ph.D.
Assistant Professor, Project Management Program
http://www.cee.umd.edu/prog/projmgt.html
Director, Optimization & Equilibrium Studies, Center for Technology and
Systems Management http://ctsm.umd.edu/

Contact Information:
Department of Civil and Environmental Engineering
1143 Glenn L. Martin Hall
University of Maryland
College Park, Maryland 20742-3021
sgabriel@eng.umd.edu
tel. (301) 405-3242
fax (301) 405-2585
http://www.cee.umd.edu/fac/personal/dr.gabriel/main.html


Brian T. Hoskins
Enron Broadband Services
713-853-0380 (office)
713-412-3667 (mobile)
713-646-5745 (fax)
Brian_Hoskins@enron.net

----- Forwarded by Brian Hoskins/Enron Communications on 12/01/00 09:17 AM
-----

	Denise Naiser@ENRON_DEVELOPMENT
	12/01/00 08:41 AM

		 To:
		 cc: (bcc: Brian Hoskins/Enron Communications)
		 Subject: FW: Crime at Christmas

 - RABBIT.jpg


thanks- now i  just have to convince jeff-- rick


Mark Palmer asked me to forward this information to you.  The information may
be released as early as Thursday, November 23.  It references litigation
regarding an explosion in Puerto Rico four years ago.  The press release will
come from the attorneys and the issue will be news in Puerto Rico.  If you
have any questions, please contact John Ambler or Mark Palmer.

Eric

---------------------- Forwarded by Eric Thode/Corp/Enron on 11/22/2000 02:41
PM ---------------------------

Carla Galvan@ENRON_DEVELOPMENT
11/22/2000 02:34 PM
To: Mark Palmer/Corp/Enron@ENRON, Eric Thode/Corp/Enron@ENRON
cc:

Subject: Rio Piedras Explosion Litigation

John Ambler asked me to forward this to you.

Regards,
Carla Galvan
6-6568
---------------------- Forwarded by Carla Galvan/ENRON_DEVELOPMENT on
11/22/2000 02:27 PM ---------------------------

Dennis Vegas
11/20/2000 05:53 PM
To: John Ambler/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:

Subject: Rio Piedras Explosion Litigation

FYI pls handle with the utmost discretion.
---------------------- Forwarded by Dennis Vegas/ENRON_DEVELOPMENT on
11/20/2000 05:46 PM ---------------------------
From: Charles Cheek@ENRON on 11/20/2000 05:41 PM
To: Dennis Vegas/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:

Subject: Rio Piedras Explosion Litigation

Attached are the draft transmittal and the previously agreed press releases.
----- Forwarded by Charles Cheek/Corp/Enron on 11/20/2000 05:40 PM -----

	Michelle Lawless
	11/20/2000 12:47 PM

		 To: Charles Cheek/Corp/Enron@ENRON
		 cc:
		 Subject: Rio Piedras Explosion Litigation

Michelle Lawless
Enron Litigation Unit
Tel:  (713) 853-6298
Fax:  (713) 853-6576


RB - Discard the file sent earlier.  Following is an adjustment providing a
bit more detail.


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Attached please find the discussion notes for the offsite meeting on
Friday, February 4th.

If you have any questions or comments, please let me know.

Vince Kaminski (by Shirley Crenshaw)
3-3848


Jeff:  I am out of the office tomorrow - but Jeff and Michael should be able
to attend.

Thanks.

Kortney

 -----Original Message-----
From:  Dasovich, Jeff
Sent: Thursday, May 10, 2001 1:29 PM
To: Brown, Kortney; Tribolet, Michael; Neustaedter, Robert; Steffes, James;
Soo, Jeffrey A.
Subject: Core/Noncore Analysis

Can we have a call tomorrow to discuss status, etc.?  10 AM Houston time work
for folks?

Best,
Jeff


Shirley,

Here it is.

Vince


USA: UPDATE 1-Calif. seizes stranded SoCal Edison energy contracts.

02/02/2001
Reuters English News Service
(C) Reuters Limited 2001.

SAN FRANCISCO, Feb 2 (Reuters) - California Gov. Gray Davis on Friday blocked
the California Power Exchange from liquidating stranded energy contracts held
by cash-strapped utility Southern California Edison, seizing the assets for
the state.

The governor's office said the order, issued late on Thursday and put in
effect on Friday, was needed to "preserve" the contracts' value for
power-starved California consumers.

"I am using my emergency powers to seize options to buy very inexpensive
power that would otherwise be lost forever," Davis said in a statement.

"These options will provide reliable power through the end of the year. It is
important to protect these contracts for the people of California," he said.

A Los Angeles judge on January 24 issued a temporary injunction, valid for a
week, blocking the exchange's sale of the contracts.

The California Power Exchange (CalPX) said Davis' order nullified a Los
Angeles County Superior Court decision earlier Friday that authorized CalPX
to liquidate Edison's forward market positions.

The exchange said they had sought to liquidate the contracts to recover about
$255 million that Edison has failed to pay to CalPX market participants.

While agreeing to transfer the contracts to the state, the exchange pointed
out that the law requires that California pay a "reasonable value" for them,
which it estimated at nearly $652 million on today's market.

Delivery of the first contracts, which total 2.8 million megawatt hours, is
scheduled to begin Monday, February 5.

One megawatt hour is roughly the amount of electricity needed to light 1,000
homes for 60 minutes.

Davis is desperately seeking cheap power for the state after the utilities'
financial meltdown pushed them to the market's sidelines. Spot market
purchases for the state are currently being made by the Department of Water
Resources, but at typically higher prices than in the "forwards" market.

Block forward energy contracts secure electricity deliveries over a given
"block" of time at a price agreed months in advance, shielding the buyer from
the kind of price volatility that has recently roiled the short-term "spot"
market.

The overall value of SoCal Edison's contracts, agreed last year for power to
be delivered in 2001, was not immediately known, but CalPX officials said
last month they hoped their liquidation would cover the $215 million
SoCalEdison owned the exchange.

SoCal Edison, the utility subsidiary of Rosemead, Calif.-based Edison
International, has warned it is no longer able to meet its financial
obligations after running up a debt of nearly $5 billion buying wholesale
power in the spot market, where prices have soared ten-fold over the past few
months amid a regional energy shortage.

The utility is blocked by the state's 1996 deregulation law from passing
these high wholesale prices down to consumers, who are still protected by a
rate freeze.

That same deregulation legislation created the CalPX, making it the
state-sanctioned exchange for electricity trading. SoCal Edison was among the
biggest buyers on the exchange.

CalPX, crushed by a mountain of debt it is unable to recover from Edison, has
shut its spot market operations and is winding down its business affairs.

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


I just got back after spending the day at jury duty.  I was one of 60 that
had to go through voir dire.  They picked up to juror 43 but I do not think
they would have gotten to me.  I am sure that I was struck by the defense
counsel.  This was a criminal case and it appears that their would be some
type of mental capacity test.  The defense attorney asked the 60 of us if the
government should provide mental health services for those who could not pay
for them.  This immediately rankled my Republican blood and I raised my
hand.  I was the only one who did that.  Call me heartless but I am now in my
office instead of hearing how the devil made him do it.

No word on the Supremes.  I think the longer they take the worse it looks for
Gore.  If they knew that they were going to find for Gore they would have at
least lifted the stay with some parameters on how to recount.  The longer it
takes the less like The Goreinch will not be able to steal our Christmas.

We are freezing our butts off down here.  It is in the 30s and we may have
some sleet or freezing rain tonight.  That is enough to shut down this city
for a week.  Nothing what you are used to up there.  We enjoyed having you
over the other night.  Mary and I were glad that you put us on the list for
your traveling circus.  Tell Sandra to come on down.  It is really not that
bad.  And the stock price is back in the high 70s.  We have money again!

	Enron North America Corp.

	From:  Drew Fossum @ ENRON                           12/12/2000 03:32 PM

To: John Enerson/HOU/ECT@ECT
cc:
Subject: ???

any word on the supreme court ruling?  I figure that ought to add $5 to the
stock price instantly, if it comes out right.  df


Good luck, and fire (release, shoot, fling) straight!

Kay

Herman Manis
09/29/2000 04:28 PM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: Re: Ledford agreement - accounting issue

Good to go.  Talk to you Monday.  May have another deer by then.  North bow
starts tomorrow.

To: Herman Manis/Corp/Enron@ENRON
cc:
Subject: Ledford agreement - accounting issue

Are we good to go?

I forgot to show  my husband your pictures.  If it is ok with you, I'll bring
them back on Monday.

Have a great weekend,

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 09/29/2000 04:17
PM ---------------------------

Fred Mitro@ECT
09/29/2000 04:11 PM
To: Herman Manis/Corp/Enron@ENRON, Kay Mann/Corp/Enron@Enron
cc: Rusty Stevens/Corp/Enron@ENRON

Subject: Ledford agreement - accounting issue

Herman:

I talked with Karen Way at Piper Marbury Rudnick & Wolfe (our chicago
counsel) regarding the contingencies section (s.18) of the Ledford land
option agreement.  She confirmed for me that none of the conditions in
Section 18 would allow us to recover either the option consideration ($5000)
or the purchase price ($265,000).  Further, the language at the end of
Section 20 specifically states that the option consideration is true option
consideration and is deemed earned by the Optionors upon receipt.

Based upon our discussions this afternoon, I will let Kay know that you are
comfortable with the agreement being executed in its current form.

Thanks,
Fred


Anne,

Thanks for contacting me about this.
As a matter of fact, I wanted to talk to  you about it
today as this matter was outstanding for a long time.

I think we should go ahead and adjust Gwen to manager,
effective March 1. The compensation would be her current base plus
10K. This is what we typically do when we promote an associate to a  manager.
Such promotions take place in March and I think
Gwen should not be penalized for the inefficiency of her management
(i.e. my and Maureen's procrastination).

On unrelated and more serious matter. Gary Hickerson is the primary client
for Maureen's services. He communicated to me  a few weeks ago that he is
unwilling to underwrite Maureen's position (he is in general unhappy with
her contribution). This means that Maureen will have to find another sponsor
or leave Enron.
Given her abrasive and aggressive personality finding another internal
customer
will be quite a challenge.
Gary volunteered to pay a very generous severance to Maureen from his budget.
I would like to talk to you about it when you have a few minutes.

Vince

From: Anne Labbe/ENRON@enronXgate on 05/02/2001 10:34 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Gwen Koepke

Vince,

Just wanted to touch base with you.  I have tried to contact Maureen so that
Gwen's title and salary can be adjusted to manager just as you requested, but
have not heard any response from her.  Would you like for me to wait until I
hear from Maureen or should I go ahead and proceed in  changing her title?  I
just want to make sure that Gwen is in the right peer group during PRC.

Also, I am going to try and set up a meeting with you next week through
Shirley to discuss any buring issues that you are experiencing, and your
expectations during PRC.

Thanks,
Anne


that was a mistake.  i don't know what i was thinking.  i need to stay home.


Please respond to
Updated Friday, July 20, 2001 10:08 Pacific Time
Edison loss -- Edison International's second-quarter earnings plunged 89
percent, a bigger drop than expected, as its Southern California Edison
utility paid more for electricity and sold less of it. Profit from
operations fell to $16 million, or 5 cents a share, from net income of
$137.2 million, or 41 cents, a year earlier, spokesman Kevin Kelley said. A
charge related to pending sales of two businesses gave a loss of $102
million, or 31 cents. State lawmakers are considering a rescue plan for
Southern California Edison as it struggles to avoid bankruptcy after
accruing more than $5.4 billion in power-buying losses. The utility sold 5.9
percent less electricity because of conservation efforts and mild weather.
Mark Johnson at bloomberg.com
<http://quote.bloomberg.com/fgcgi.cgi?T=marketsquote99_news.ht&s=AO1hfXROuRW
Rpc29u> Christina Cheddar, Dow Jones Newswires
<http://quicken.excite.com/investments/news/story/djbn/?story=/news/stories/

dj/20010720/BT20010720003377.htm&symbol=EIX> -- 7/20/01
Deposing energy execs -- A California Senate committee investigating
manipulation in the state's wholesale power market approved a measure late
Thursday, authorizing the committee to depose the chief executives of major
energy companies to provide insight into the companies' trading practices.
The Senate Select Committee to Investigate Market Manipulation voted 28-6 in
favor of deposing some of the energy sector's most powerful chief
executives. Jason Leopold; Dow Jones Newswires
<http://quicken.excite.com/investments/news/story/djbn/?story=/news/stories/

dj/20010720/BT20010720001903.htm&symbol=PCG> -- 7/20/01
Edison may avoid bankruptcy -- For the first time in months, Southern
California Edison is collecting more money than it is spending on
electricity, a shift that could enable the utility to avoid bankruptcy
without a state intervention as dramatic as the proposed $2.8-billion
purchase of the company's transmission lines. The turnabout has come during
the last several weeks as natural gas prices--a major component in the cost
of electricity--have plummeted and as Edison has collected more money from
customers through a record increase in rates approved by state regulators.
Jerry Hirsch in the Los Angeles Times
<http://www.latimes.com/news/printedition/front/la-000059204jul20.story?coll

=la%2Dheadlines%2Dfrontpage> -- 7/20/01
Edison bailout -- Leading lawmakers conceded they would probably leave on
their summer break without passing legislation aimed at rescuing Southern
California Edison from its financial straits as competing bailouts stalled
in the Legislature Thursday. The Assembly is expected to consider one of two
rival measures to save Edison today, and the Senate is expected to take up
an Edison rescue deal of its own. Miguel Bustillo and Carl Ingram in the Los
Angeles Times
<http://www.latimes.com/news/printedition/asection/la-000059243jul20.story?c

oll=la%2Dnews%2Da%5Fsection> -- 7/20/01
More Edison bailout -- An attempt to help Southern California Edison stave
off bankruptcy made incremental progress in the Legislature on Thursday. A
bailout bill proposed by the Senate passed a key committee and reached the
floor of the Senate, which will take it up today. That plan calls for $2.5
billion of Edison's debt to be paid off mainly by large businesses. It was
one of three dueling rescue efforts still alive after another topsy-turvy
day of hearings, closed-door meetings and last-minute changes. In the
Assembly, lawmakers considered rival plans backed by Assembly Speaker Bob
Hertzberg and Assemblyman Rod Wright, both Los Angeles Democrats. John
Howard in the Orange County Register
<http://www.ocregister.com/news/bailout00720cci.shtml> AP's Jennifer Coleman
in the Los Angeles Daily News
<http://www.dailynews.com/news/articles/0701/20/new05.asp> Ed Mendel in the
San Diego Union
<http://www.uniontrib.com/news/uniontrib/fri/news/news_1n20power.html> --

7/20/01
Two state officials against power deals -- Two California officials are
seeking ways to void the $43 billion in long-term contracts the state has
signed with power suppliers, saying the contracts are unconstitutional and
were negotiated by state consultants who had conflicts of interest.
Secretary of State Bill Jones, a presumed Republican candidate for governor,
on Thursday gave Attorney General Bill Lockyer additional evidence of
possible conflicts of interest involving 34 of 50 consultants and
contractors hired by Gov. Gray Davis' administration. Jones believes they
may have violated state law by failing to disclose their stock holdings in
energy companies, raising questions about the legality of the contracts.
Kate Berry and Mary Ann Milbourn in the Orange County Register
<http://www.ocregister.com/news/connell00720cci.shtml> -- 7/20/01

Energy regulators go high-tech -- Often criticized as the sleeping watchdog
of the nation's power markets, the Federal Energy Regulatory Commission on
Thursday unveiled a high-tech war room where regulators can now track energy
prices around the country in real time. "We've been fairly blind,"
acknowledged FERC Chairman Curtis L. Hebert Jr., describing an agency that
previously depended on industry and the trade press for information, often
days and weeks late. "In the best case we were getting information 24 hours
after it happened. Now we'll get it immediately." Ricardo Alonso-Zaldivar in
the Los Angeles Times
<http://www.latimes.com/news/printedition/asection/la-000059242jul20.story?c
oll=la%2Dnews%2Da%5Fsection> Jim Puzzanghera in the San Jose Mercury
<http://www0.mercurycenter.com/premium/nation/docs/watchdog20.htm> --

7/20/01
State advisers forced to sell energy stocks -- One consultant hired by the
state to negotiate long-term electricity contracts owned stock in a company
that signed billion-dollar deals with California. Another fresh hire bought
more than $10,000 in stock in Enron Corp. -- the Houston power trader
frequently vilified by Gov. Gray Davis and lawmakers -- as he helped the
state develop electricity buying strategy. A top Davis lawyer told the two
consultants and seven others on Wednesday morning to sell off stock in
companies like Enron and Calpine Corp. within four hours or lose their jobs.
Mark Martin in the San Francisco Chronicle
<http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2001/07/20/MN75216.DTL>
--
7/20/01
Summer blackout seers missing the mark.. so far -- An unexpected thing
happened on the way to California's summer of darkness - - nothing. Zero
blackouts this summer, thanks to Gray-friendly skies and Californians
conserving power in record amounts. Now the state is so flush with power
that it's selling back the surplus at a loss. Even Disneyland has cranked up
its flashy Electrical Parade again. Still, the doomsayers aren't
backpedaling, merely clarifying their fevered springtime predictions. Like
Michael Zenker, of Cambridge Research Associates. Joe Garofoli in the San
Francisco Chronicle
<http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2001/07/20/MN215347.DTL> -

- 7/20/01
PG&E extends deals -- More than 130 independent power generators have signed
new five-year deals to supply electricity to Pacific Gas & Electric Co. The
utility said that as part of the deal, it will pay the generators the
estimated $740 million it owes them, once its reorganization plan is
accepted in bankruptcy court. Jennifer Bjorhus in the San Jose Mercury
<http://www0.mercurycenter.com/premium/nation/docs/QF20.htm> -- 7/20/01

Spencer Abraham -- In San Francisco to stump for President Bush's energy
plans, Energy Secretary Spencer Abraham yesterday praised California's
conservation efforts but insisted that frugality alone would not solve the
power crisis. Abraham, speaking to a group of Bay Area business leaders,
warned against the perception that the crisis is lessening even though
rolling blackouts haven't materialized this summer as expected. David R.
Baker in the San Francisco Chronicle
<http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2001/07/20/MN238054.DTL>
AP's Karen Gaudette in the San Diego Union
<http://www.uniontrib.com/news/uniontrib/fri/news/news_1n20abraham.html> --

7/20/01
Wilson says Davis ignored warnings about energy -- Former Gov. Pete Wilson,
who signed the controversial 1996 energy deregulation bill into law, blasted
his successor Gray Davis yesterday for failing to aggressively use the
governor's most forceful tool -- emergency powers -- to contain the state's
energy crisis. "There are people who have ignored the supply and tried to
blame the crisis on everyone else," the Republican former governor told
nearly 100 academics and reporters at the Public Policy Institute in San
Francisco yesterday. Carla Marinucci in the San Francisco Chronicle
<http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2001/07/20/MN187903.DTL>

Michael Bazeley in the San Jose Mercury
<http://www0.mercurycenter.com/premium/nation/docs/wilson20.htm> -- 7/20/01
Democrats defy Davis with bill on PUC -- Lawmakers moved with lightning
speed yesterday to undo a plan that would force California regulators to
raise electricity rates whenever state power buyers deem it necessary. A
hastily introduced bill pits Democratic lawmakers against the administration
of Gov. Gray Davis, which is counting on the state Public Utilities
Commission to approve rate increases to pay for electricity without
questioning whether the state got a good price. Lynda Gledhill in the San
Francisco Chronicle
<http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2001/07/20/MN222719.DTL>
-
- 7/20/01
Senate passes natural gas bill -- A bill that could put Long Beach and its
oil drilling partners in the wildcatting business received a unanimous vote
in the state Senate on Thursday, despite a last-minute attempt to saddle it
with controversial amendments. Assembly Bill 27XX by Alan Lowenthal, D-Long
Beach, now returns to the Assembly, where it already enjoyed similarly
overwhelming support. Once it is confirmed by that house, it will go to the
governor. Will Shuck in the Long Beach Press
<http://www.ptconnect.com/archive/news/capitol.asp> -- 7/20/01

Utility debts are still the toughest nut to crack -- When Gov. Gray Davis
and other state politicians finally became engaged in the energy crisis last
January -- a half-year late -- the state's major investor-owned utilities
had already amassed more than $13 billion in debt from runaway power costs
and were out of credit. Davis and the Legislature launched a massive state
power purchase program, a speed-up of new power plants, conservation
subsidies and other actions, not all of which have been successful. But
everyone involved knew that the utilities' debts, which had driven them to
the brink of bankruptcy, would be the most complex and politically difficult
aspect of the crisis. Six months later, that's still true. Dan Walters in
the Sacramento Bee
<http://www.capitolalert.com/news/capalert03_20010720.html> -- 7/20/01

Budget still stalled -- Assembly Republicans made good on their threat
Thursday to block legislation needed to implement California's estimated
$101-billion budget. But Democratic and GOP leaders were negotiating a
possible settlement late Thursday night to resolve their differences so that
the spending plan and accompanying legislation could be sent to the Senate
in time for the Legislature to recess starting today. Julie Tamaki in the
Los Angeles Times
<http://www.latimes.com/news/printedition/california/la-000059393jul20.story

?coll=la%2Dheadlines%2Dpe%2Dcalifornia> Robert Salladay in the San Francisco
Chronicle
<http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2001/07/20/MN26564.DTL>
John Hill in the Sacramento Bee
<http://www.capitolalert.com/news/capalert01_20010720.html> -- 7/20/01
Copyright ? 2001 Rough & Tumble


<META HTTP-EQUIV="Content-Type" CONTENT="text/html;charset=iso-8859-1">

<META HTTP-EQUIV="Content-Type" CONTENT="text/html; charset=iso-8859-1">

<title>Energy News Live Daily Wrap-Up</title>

Dear Chuck,

The General Accounting Office made it official on Wednesday -
the investigative arm of Congress will sue Vice President Dick
Cheney over his refusal to turn over information related to
the work of his energy task force.  The GAO wants to know with
whom the task force met, especially within the energy industry.  The
White House insists the request is inappropriate and promises to
put up a fight.  On Thursday from the Washington bureau, we'll hear
where this dispute is headed.

The Washington bureau will also have the latest on the Congressional
investigation into Enron.  Several new Enron hearings have been
added to next week's Congressional calendar.  Two big hearings
are scheduled for Monday and former Enron CEO Kenneth Lay is expected
to make an appearance at both.  This will be the first time any
Enron executive has testified before Congress.

West Coast Bureau Correspondent Kym McNicholas will speak one-on-one
with Southern California Edison President Bob Foster Thursday.
He'll discuss SoCal Edison's road to recovery during 1:00 p.m. ET
newscast tomorrow.

On Thursday from Houston, Haynes and Boone LLP Attorney Lenny
Parkins will join us to provide legal analysis on the latest
Enron developments.  Parkins is stopping by the bureau during the
noon ET newscast tomorrow.

Energy Intelligence Group Bureau Chief Barbara Shook talks about
LNG projects.  Some of the projects that were scheduled to come
online in the U.S. are now being placed on the back burner due to
low gas prices.  Catch Shook from the Houston bureau on Thursday.

Finally from the NASDAQ in New York, Tyumen Oil Company President
and CEO Simon Kukes will join us.  He'll give us the lowdown on
Russian oil issues at 9:00 a.m. ET on Thursday.

Closing
Prices for Wednesday, Jan. 30, 2002

			Crude:
			$19.08/bbl
			-$0.50

			Unleaded:
			$0.5531/gallon
			-$0.0138

			Heating Oil:
			$0.5091/gallon
			-$0.0114

			Gas:
			$2.080/mmBtu
			+$0.013

			Fwd uE(Feb.):
			$3.37/mmBtu
			+$0.01

Keep in mind things are subject to change at a moment's notice.
Occasionally guests reschedule or change time slots.  We'll continue to
do our best to keep you updated on future interviews and events.

Be sure to watch our newscasts every business day - 9 a.m. to 5
p.m. ET, at the top of each hour.

    Jay Rickerts,
EnergyNewsLive.com Anchor

      View today's Energy Wrap Video

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      Copyright 2001 Williams Energy News Live, LLC. All
Rights Reserved.


Victoria,

Regarding Section 7.2 of the GISB  "Wire Transfer" to  "Automated
Clearinghouse"
 we will agree to ACH.

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


---------------------- Forwarded by Dale Neuner/HOU/ECT on 09/05/2000 08:19
AM ---------------------------
From: Sheri Thomas on 09/05/2000 08:49 AM
To: Lisa Lees/HOU/ECT@ECT
cc: Dale Neuner/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT
Subject: GTC's for weather

I don't think Frank looked at this on Friday...

Dale - can you help Lisa out here?
Karen - are you aware of this?

Thanks
Sheri
---------------------- Forwarded by Sheri Thomas/HOU/ECT on 09/05/2000 08:44
AM ---------------------------
From: David Forster@ENRON on 09/01/2000 02:21 PM
To: Frank L Davis/HOU/ECT@ECT
cc: Mark Dilworth/LON/ECT@ECT, Sheri Thomas/HOU/ECT@ECT, Amita
Gosalia/LON/ECT@ECT
Subject: GTC's for weather

It has come to my attention that when we have a Financial Master Agreement in
place, we have identified that a Master exists for the Weather Products.

This is not correct as the ISDA Masters do not properly cover weather. For
Weather transactions, we need to use either the GTC or a weather-specific
Master Agreement.

Frank: Could you please arrange to identify which companies have already
transacted on weather and have done so ostensibly under an ISDA?  Could you
please also coordinate with Mark as necessary to update Customer Profiles so
that customers with ISDA's will need to accept GTC's?

If we have customers who have ostensibly transacted already under their
ISDA's, let's identify who they are and then decide on a course of action for
their profiles.

Thanks,

Dave


> Market Participants,
>
> The Cal-ISO has begun preparations for performing the technical study to
> determine RMR MW requirements for the ISO-controlled grid in years
> 2002-2004. The results of this Study will be used in the Multi-year LARS
> 2002-2004 RMR process tentatively scheduled for the 1st quarter of 2001.
> Some preliminary work has been done to formulate a draft Study Plan and to
> develop Base Cases to perform the 2002-2004 RMR Technical Study. The draft
> Study Plan and Base Cases have been posted on the ISO web site:
> http://www.caiso.com/docs/2000/04/28/2000042807462411493.html
>
> In addition, the Cal-ISO has developed a draft Study Plan and are
> developing Base Cases to perform this year's Integrated Transmission
> Expansion Plan that will supplement the PTOs annual Transmission Expansion
> Plans. The draft Study Plan will be posted by 6/1/00, and the Base Cases
> will be posted by 6/7/00 on the ISO Web site :
> http://www.caiso.com/docs/2000/02/28/2000022816395812019.html
>
> A joint RMR and Expansion Plan Study "kick-off" Stakeholder meeting will
> be held on Monday June 12, 2000, between 10:00 a.m. and 4:00 p.m., in
> Conference Room 101A-Rooms 1a & 1b at Cal-ISO Headquarters on 101A Blue
> Ravine Road in Folsom to discuss these preliminary Study work products.
> THE FOCUS OF THIS MEETING WILL BE ON TECHNICAL STUDY ISSUES - NOT ON
> POLICY.   The meeting agenda is attached.
>
> Please RSVP by Wednesday June 7, 2000, including the number of attendees
> from your organization, to Kristine Hargrave of the Cal-ISO at (916)
> 351-4470 or khargrave@caiso.com.
>
> If you have questions regarding the meeting arrangements, please contact
> Kristine. If you have questions regarding the Study efforts, please
> contact Steve Mavis at 916-351-2112 or smavis@caiso.com.
>
>  <<Joint RMR and Expansion Plan Study agenda jun12.pdf>>
>
Don Fuller
Director, Client Relations

Sent on behalf of Don Fuller by Alice Leonard

Alice Leonard
Client Relations
(916) 351-4467
aleonard@caiso.com

 - Joint RMR and Expansion Plan Study agenda jun12.pdf


-----Original Message-----
From: Piccillo, Roxanne [mailto:RTP1@pge.com]
Sent: Monday, April 16, 2001 4:05 PM
To: 'jbushee@sablaw.com'; 'kmccrea@sablaw.com'; 'callen@akingump.com';
'jweisgall@aol.com'; 'rogerberliner@bcjlaw.com'; 'rcsstl@cdmnet.com';
'mbrubaker@consultbai.com'; 'anchau@shellus.com';
'keith-sappenfield@reliantenergy.com'; 'jsmollon@newwestenergy.com';
'jlyoung@sempra.com'; 'napedersen@jonesday.com';
'athomas@newenergy.com'; 'kmcspadd@milbank.com';
'hchoy@isd.co.la.ca.us'; 'lgurick@calpx.com';
'douglass@arterhadden.com'; 'randy_britt@mayco.com';
'dmarshall@greggind.com'; 'frank.cooley@sce.com'; 'glwaas@calpx.com';
'uwuaregion5@earthlink.net'; 'fmo@sdcity.sannet.gov';
'jleslie@luce.com'; 'julesan@aol.com'; 'mshames@ucan.org';
'jparrott@sempra.com'; 'kmelville@sempra.com'; 'riald@kindermorgan.com';
'bill.mccallum@ci.fresno.ca.us'; 'btenney@landuselaw.com';
'ronknecht@aol.com'; 'furutanj@efawest.navfac.navy.mil';
'kpoole@adamsbroadwell.com'; 'mdjoseph@adamsbroadwell.com';
'freedman@turn.org'; 'rcosta@turn.org'; 'bfinkelstein@turn.org';
'theresa_mueller@ci.sf.ca.us'; 'jjz@cpuc.ca.gov';
'chrisw@greenlining.org'; 'joseh@lif.org'; 'ek@a-klaw.com';
'jnnc@chevron.com'; 'jlondon@gralegal.com'; 'imoosen@gralegal.com';
'clpearce@duanemorris.com'; 'phanschen@mofo.com';
'tmberliner@duanemorris.com'; 'dpritchard@mofo.com'; 'smoss@hooked.net';
'epoole@adplaw.com'; 'chilen@llgm.com'; 'jsqueri@gmssr.com';
'jbennett@gmssr.com'; 'bloomje@la.whitecase.com'; 'pbray@newpower.com';
'rick.counihan@greenmountain.com'; 'thoulihan@mdbe.com';
'mday@gmssr.com'; 'jmalkin@orrick.com'; 'edwardoneill@dwt.com';
'lindseyhowdowning@dwt.com'; 'jguzman@nossaman.com'; Edwards, William
(Law); 'ssmyers@worldnet.att.net'; Ouborg, Peter (Law);
'pat.williams@dhcmail.com'; 'wbooth@booth-law.com';
'jerryl@abag.ca.gov'; 'mgomez1@bart.gov'; 'askaff@energy-law-group.com';
'pjpowerlaw@aol.com'; 'difellman@energy-law-group.com';
'nryan@environmentaldefense.org'; 'rschmidt@bartlewells.com';
'rrcollins@n-h-i.org'; 'patrickm@crossborderenergy.com';
'tomb@crossborderenergy.com'; 'brbarkovich@earthlink.net';
'pmcdonne@wenet.net'; 'pjmuller@ricochet.net'; 'jbradley@svmg.org';
'tsmegal@calwater.com'; 'sberlin@mccarthylaw.com'; 'bishop@jrwood.com';
'cwrmccv@worldnet.att.net'; 'scottst@mid.org'; 'bill@jbsenergy.com';
'cmkehrein@ems-ca.com'; 'jweil@aglet.org'; 'abb@eslawfirm.com';
'bpowers@seniors.org'; 'dcarroll@dbsr.com'; 'dkk@eslawfirm.com';
'ed@clfp.com'; 'jtachera@energy.state.ca.us'; 'howens@seniors.org';
'sgreenberg@realenergy.com'; 'tknox@klalawfirm.com'; 'smutny@iepa.com';
'lmh@eslawfirm.com'; 'hodgesjl@pacbell.net';
'rpernell@energy.state.ca.us'; 'kmills@cfbf.com'; 'rliebert@cfbf.com';
'aorchar@smud.org'; 'mpa@a-klaw.com'; 'jcpaine@stoel.com';
'mhg@hetrading.com'; 'dws@keywaycorp.com'; 'hbd@gweiss.com';
'gerhordt.herbert@msdw.com'; 'cread@steptoe.com'; 'jogg@jhenergy.com';
'peter_fox-penner@brattle.com'; 'DavoodiKR@efaches.navfac.navy.mil';
'bill.wells@afcesa.af.mil'; 'ad046@detroit.freenet.org';
'bob_anderson@apses.com'; 'gdreed@sidley.com';
'robert.d.schasel@fritolay.com'; 'cyounger@manatt.com';
'dhuard@manatt.com'; 'rkeen@manatt.com'; 'georgeperrault@msn.com';
'picketse@sce.com'; 'jsilva@edisonenterprises.com';
'jherrera@dpw.co.la.ca.us'; 'LVanWagenen@sempra.com';
'jbarthrop@powersavers.com'; 'foothill@lmi.net'; 'fosterbc@sce.com';
'ljhubbard@sempra.com'; 'ktilton@gralegal.com';
'mpatel@brownwoodlaw.com'; 'paul.harris@bridge.com';
'oshirock@pacbell.net'; Slocum, Gail (Law); 'natutt@duanemorris.com';
Migocki, Joe; 'musicamaria@yahoo.com'; 'derkp@newsdata.com';
'luluw@newsdata.com'; 'tom.oneill@abnamro.com'; 'mmattes@nossaman.com';
Peters, Roger (Law); Bowen, Bruce; Pease, Daniel; Lucha, Ed;
Frazier-hampton, Janice; Kjellund, Niels; Helgens, Ronald; Piccillo,
Roxanne; 'alexm@calpine.com'; 'gtbl@dynegy.com'; 'joe.paul@dynegy.com';
'honest@compuserve.com'; 'jyoung@ebmud.com';
'jon.jacobs@paconsulting.com'; 'emitchel@angnewspapers.com';
'jptang@oaklandcityattorney.org'; 'rbw@mrwassoc.com';
'dmarcus@slip.net'; 'jeff@hmhresources.com'; 'ed@apx.com';
'wendy@econinsights.com'; 'chrism@mid.org'; 'fwmonier@tid.org';
'rmccann@cal.net'; 'blaising@braunlegal.com';
'melanie_gillette@rmiinc.com'; 'twetzel@thermoecotek.com';
'Slayman@energy.state.ca.us'; 'swchurchill@juno.com';
'jdh@eslawfirm.com'; 'ddavie@hesinet.com'; 'karen@klindh.com';
'cpeyton@sacbee.com'; 'thaines@smud.org'; 'huse@eesconsulting.com';
'mer@cpuc.ca.gov'; 'awp@cpuc.ca.gov'; 'cmw@cpuc.ca.gov';
'ctd@cpuc.ca.gov'; 'bsl@cpuc.ca.gov'; 'dlf@cpuc.ca.gov';
'fua@cpuc.ca.gov'; 'jlo@cpuc.ca.gov'; 'jsw@cpuc.ca.gov';
'jrd@cpuc.ca.gov'; 'jmh@cpuc.ca.gov'; 'kok@cpuc.ca.gov';
'kim@cpuc.ca.gov'; 'llk@cpuc.ca.gov'; 'lss@cpuc.ca.gov';
'mv1@cpuc.ca.gov'; 'pmd@cpuc.ca.gov'; 'gig@cpuc.ca.gov';
'rtf@cpuc.ca.gov'; 'raw@cpuc.ca.gov'; 'sfc@cpuc.ca.gov';
'car@cpuc.ca.gov'; 'txb@cpuc.ca.gov'; 'ztc@cpuc.ca.gov';
'nevillm@hdcdojnet.state.ca.us'; 'dwrlegal1@water.ca.gov';
'ath@cpuc.ca.gov'; 'LKristov@energy.state.ca.us';
'randy.chinn@senate.ca.gov'; 'firmiyas@dof.ca.gov'; 'rax@cpuc.ca.gov';
'rtavares@energy.state.ca.us'; 'mschwebs@energy.state.ca.us'
Subject: A.00-11-056 PG&E's Errata Testimony

Re:  00-11-056 RSP-Rate Design

Attached is Errata to Chapter 1 of PG&E's Rate Design Phase Testimony which
was filed on April 13.  (The testimony is being sent out with the revisions
shown.)  PG&E apologizes for any inconvenience.

Roxanne Piccillo
PG&E Case Coordinator
rtp1@pge.com
(415) 973-6593

 <<RSP_Rate Design_Cover.doc>>  <<RSP_Rate Design_Ch01.doc>>
<<RSP-PGE_Attachment 1 Errata.xls>>  <<RSP-PGE-Attachment 2 Errata.XLS>>

 - RSP_Rate Design_Cover.doc
 - RSP_Rate Design_Ch01.doc
 - RSP-PGE_Attachment 1 Errata.xls
 - RSP-PGE-Attachment 2 Errata.XLS


Sharon Brown
ETS Gas Control
713-853-5660


hey-
i grew up in north houston (around the woodlands area)
i've only live here for 2 years.  where did you go to
high school?

> i live inside the loop here and usually don't leave
unless i have to
> golf.  outside of the loop is pretty ugly.  which
part of houston did
> you grow up in?
>
> >  -----Original Message-----
> > From: 	ccates@mail.lbjs.com@ENRON
> > [mailto:IMCEANOTES-
ccates+40mail+2Elbjs+2Ecom+40ENRON@ENRON.com]  On
> > Behalf Of Cori Cates <ccates@mail.lbjs.com>
> > Sent:	Wednesday, May 30, 2001 3:17 PM
> > To:	Lenhart, Matthew
> > Subject:	RE:
> >
> > no i do not work for strip clubs!!!
> > our 'in house' production department makes
comercials
> > for advertising companies; i.e. clubs, bars....and i
> > did the voice work for them!  h-town IS the armpit
of
> > america.  i know, i've lived there all my life.  you
> > cannot say it isn't dirty. especially after you see
a
> > beautiful clean place like austin. but i'm glad to
know
> > that there are people who still love houston too.
> >
> > what's my stripper name?!! nice.
> > -cori
> >
> >
> >
> >
> >
> > > you think houston is the armpit of the world?  i
love
> > it hear.  the
> > > weather sucks in the summer, but other than that
it
> > is a blast.  so you
> > > do work for strip clubs huh?  that is interesting.
> > what is your
> > > stripper name?
> > >
> > > >  -----Original Message-----
> > > > From: 	ccates@mail.lbjs.com@ENRON
> > > > [mailto:IMCEANOTES-
> > ccates+40mail+2Elbjs+2Ecom+40ENRON@ENRON.com]  On
> > > > Behalf Of Cori Cates <ccates@mail.lbjs.com>
> > > > Sent:	Wednesday, May 30, 2001 10:33 AM
> > > > To:	Lenhart, Matthew
> > > > Subject:	RE:
> > > >
> > > >
> > > > hey there- how's it goin?
> > > >
> > > > 4th st. is sort-of away from all the college
> > > > crowd...it's pretty cool, i like it.  if you
were
> > to go
> > > > to 6th. 'the library' & 'the aquarium' are good
> > > > places. 'touche' is also pretty cool (flaming
> > dr.pepper
> > > > gimick).
> > > > i work at 'lbjs broadcasting' there are six
radio
> > > > stations in the building. i work specifically
for
> > > > 101X.  it is an alternative rock station.  i
also
> > make
> > > > some commercials; if you listen to the radio
here-
> > > > that's me talking on the 'showpalace' & 'expose'
> > > > commercials.- yes- they are strip clubs.(no
> > > > affiliation) it also airs on 93.7fm.
> > > > how's it goin in the arm-pit of america?
> > > > -cori:)
> > > >
> > > >
> > > >
> > > >
> > > >
> > > > > i forgot you had a wedding.  i don't go up to
> > austin
> > > > all that much.  i
> > > > > usually stay down here and go out.  where do
you
> > work
> > > > up there again?  i
> > > > > am sure you told me, but i forgot.  where are
the
> > > > good places to hang
> > > > > out?  is it 4th st?
> > > > >
> > > > > >  -----Original Message-----
> > > > > > From: 	ccates@mail.lbjs.com@ENRON
> > > > > > [mailto:IMCEANOTES-
> > > > ccates+40mail+2Elbjs+2Ecom+40ENRON@ENRON.com]
On
> > > > > > Behalf Of Cory Cates <ccates@mail.lbjs.com>
> > > > > > Sent:	Tuesday, May 29, 2001 3:53 PM
> > > > > > To:	Lenhart, Matthew
> > > > > > Subject:	RE:
> > > > > >
> > > > > > i was kidding about your friends...besides-
i
> > > > > > definately do not have room to talk.
> > > > > > i guess you didn't remember, i have
a "wedding"
> > on
> > > > > > saturday?  i have to be in h-town on fri.
for
> > the
> > > > > > rehearsal.  sucks. you'll have fun though-
do
> > you
> > > > come
> > > > > > to austin a lot?  next time i'm in houston
will
> > > > > > probably be father's day.
> > > > > >
> > > > > > i've had just about enough of this place
for one
> > > > day,
> > > > > > so i'm going home now...
> > > > > > have a good day
> > > > > > -cori:)
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > > > my friends are liars.  this past weekend
was
> > an
> > > > > > anomaly.  it isn't bad
> > > > > > > to go out and party like a rock star every
> > now and
> > > > > > then.  i will be in
> > > > > > > austin this saturday night, so maybe we
can
> > get
> > > > > > together in austin.  we
> > > > > > > will probably be at it pretty hard
again.  i
> > have
> > > > a
> > > > > > friend coming in
> > > > > > > from new orleans so he will want to hit
6th
> > > > street.
> > > > > > >
> > > > > > > >  -----Original Message-----
> > > > > > > > From: 	ccates@mail.lbjs.com@ENRON
> > > > > > > > [mailto:IMCEANOTES-
> > > > > >
ccates+40mail+2Elbjs+2Ecom+40ENRON@ENRON.com]
> > On
> > > > > > > > Behalf Of Cory Cates
<ccates@mail.lbjs.com>
> > > > > > > > Sent:	Tuesday, May 29, 2001 2:35 PM
> > > > > > > > To:	Lenhart, Matthew
> > > > > > > > Subject:	RE:
> > > > > > > >
> > > > > > > > stop making excuses- your friends all
said
> > that
> > > > > > you're
> > > > > > > > always very drunk every weekend. ha.
> > > > > > > > i'm back in austin.  i did have fun
> > sat.night-
> > > > it
> > > > > > was
> > > > > > > > worth driving in for:)
> > > > > > > > i'm about a quart low today; i drove
back on
> > > > sunday
> > > > > > &
> > > > > > > > spent the rest of the weekend on the
lake.
> > i
> > > > need
> > > > > > to
> > > > > > > > go home.
> > > > > > > > why are you coming up this weekend
again?
> > for
> > > > some
> > > > > > > > reason, i can't remember.
> > > > > > > > -cori
> > > > > > > >
> > > > > > > >
> > > > > > > >
> > > > > > > >
> > > > > > > >
> > > > > > > >
> > > > > > > > > i remember you.  i was pretty drunk
> > though.
> > > > > > > > hopefully i didn't make too
> > > > > > > > > much of an ass out of myself.  we hit
it
> > > > really
> > > > > > hard
> > > > > > > > that night for my
> > > > > > > > > buddy's birthday.  how was your
> > bachelorette
> > > > > > party?
> > > > > > > > are you back in
> > > > > > > > > austin now?
> > > > > > > > >
> > > > > > > > > >  -----Original Message-----
> > > > > > > > > > From:
	ccates@mail.lbjs.com@ENRON
> > > > > > > > > > [mailto:IMCEANOTES-
> > > > > > > >
> > ccates+40mail+2Elbjs+2Ecom+40ENRON@ENRON.com]
> > > > On
> > > > > > > > > > Behalf Of Cory Cates
> > <ccates@mail.lbjs.com>
> > > > > > > > > > Sent:	Tuesday, May 29, 2001
11:56 AM
> > > > > > > > > > To:	Lenhart, Matthew
> > > > > > > > > > Subject:
> > > > > > > > > >
> > > > > > > > > > hi matt....
> > > > > > > > > >
> > > > > > > > > > -cori
> > > > > > > > > > (hopefully you remeber me)
> > > > > > > > >
> > > > > > > >
> > > > > > >
> > > > > >
> > > > >
> > > >
> > >
> >
>


Hope work is going well. Dusting off my cowboy hat and going stampeding
tomorrow. I'll try to give you a call tonight or on the weekend.

Say hi to MH and Wilson and Charlene.

Chris


Here's the latest I've heard from Diana regarding the deals with a PGE
delivery point. The four you e-mailed me this morning are all daily deals
with PGE and therefore do not need to be confirmed, so they are entered
correctly. I believe Kim Hundl and I discussed this before; but let me know
if you have further questions.

Thanks,
kate
---------------------- Forwarded by Kate Symes/PDX/ECT on 03/26/2001 08:14 AM
---------------------------

Diana Scholtes
03/09/2001 12:24 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Re: PGE Dailies

I just heard the same.  I was talking to Tim about the requirements being
made regarding daily confirmations, and the final decision was not to confirm
PGE daily deals.  Question though,  when we put deals into the system in
Blotter, they automatically confirm.  Do we have to go into every deal and
switch the flag or is there a better way around it?

d


I am not sure if you  received the answer for this one, so here it is.

-----Original Message-----
From: Moore, Jan
Sent: Monday, November 26, 2001 8:43 AM
To: Geaccone, Tracy
Cc: Donoho, Lindy
Subject: FW: TW Available Capacity for 2002
Importance: High

We made assumptions for all available capacity to be sold in the 2002 Plan at various rates.  The only available capacity we did not make an assumption for was the 40,000/d in June for the Red Rock expansion.

Below are the assumptions:

Un-subscribed Contracts: (Assumed at following rates)
East of Thoreau to East of Thoreau:

24198		Sid Richardson (ROFR)	 6/1/95	 5/31/02	35,714		0.05
25374		KN Processing		 6/1/98	 Mo./Mo.	23,000		0.05
27291		Duke		             8/1/00	 7/31/02	20,000		0.02
27377		Agave		    		 3/1/01	 2/28/02	10,000		0.02
27579		Duke		   		 5/1/01	 5/31/02	20,000		0.02

East of Thoreau to West of Thoreau:

25841		PG&E Trading 		2/1/00	 10/31/02	40,000		0.08
26511		PG&E Trading	     11/1/99	 10/31/02	21,000		0.12
27340		OneOk	          	      2/1/01	  1/31/02	10,000		0.12
27340		OneOk	          	      2/1/01	  1/31/02	10,000		0.08

Thoreau to West of Thoreau:

27583		North Star Steel	      5/1/01	  5/31/02	 1,300		0.04

Ignacio to Blanco

27342		Sempra		      1/1/01	 12/31/01	30,000		0.02

S. Ignacio to Blanco:
N/A		Unsubscribed		July		Sept		29,000		0.04

				Volume	Rate
EOT to WOT			14,000	0.08
4/1/02-10/31/02
Blanco to Thoreau
1/1/02-10/31/02		32,500	0.05
11/1/02-12/31/02		11,000	0.05

Red Rock Expansion:
Assumed 40,000/day in June not sold.

-----Original Message-----
From: Geaccone, Tracy
Sent: Monday, November 26, 2001 8:09 AM
To: Moore, Jan; Donoho, Lindy
Subject: FW:
Importance: High

Can you help me with this one?

-----Original Message-----
From: Hayslett, Rod
Sent: Friday, November 23, 2001 9:49 PM
To: Geaccone, Tracy
Subject:

Do you know how much capacity is available to sell in the plan for 2002 and is not sold, ie how much capacity is not being utilized?  TW of course.
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)


I think we can skip the Thompson site since we only did it as an accomodation (it's not the primary site). I don't think we can justify paying Mancini. We'll need to try to negotiate some sort of free extension. In any case, by the time Mancini's due, we should have expressions of interest from prospective buyers. At that time, if we need to pay the option renewal premium (and we can't negotiate an extension from Mancini) we can pay the option premium.
--------------------------
Ben Jacoby
(713) 853-6173


We said no.


Chris please read my original e-mail to Molly.

Thanks,
---------------------- Forwarded by Ernie Simien/CES/ColumbiaGas on 09/18/2000
01:44 PM ---------------------------

Molly.Sumrow@enron.com on 09/18/2000 12:40:10 PM
Please respond to Molly.Sumrow@enron.com

To: Ernie Simien/CES/ColumbiaGas@COLUMBIAGAS
cc:

Subject: Re: August Worksheets

Hi Ernie.  You probably did not know I am in another group now.  It is even
a different Enron company.  I forwarded your note to Joann Collins.  She
does TCO and can download those files and send them to you.  The
spreadsheet was done by Chris Germany this month.  If you need to talk to
Joann, her number is 853-5610 and her e-mail is joann.collins@enron .com.

I sure enjoyed working with you Ernie!

Molly

esimien@columbiaenergygroup.com on 09/18/2000 11:22:44 AM

To:   " - *molly.sumrow@enron.com" <molly.sumrow@enron.com>
cc:
Subject:  August Worksheets

Hi Molly.  It has been a while.  We have been going crazy here.  Getting
claims
for old past due items.

Please send me your August file.

Thanks,


Have you had a chance to talk with Dave B. on any of this?  It might be
helpful for you to put a call in to Tom Martin today to give him your phone
number and to let him know that you are working closely with Dave and that
you are available for any questions.  Nothing may come up, but I think that
Tom would feel better with this gesture.  Probably wouldn't hurt to log the
same call or e:mail in to the rest of the guys on the list.  That will give
all of them a feeling of continuity with regard to information from Dave on
this project.  Do you have contact information for Brenda?  If not, I would
get that from Yvette Convey, her assistant.  She is making the rounds with
Patrick Conner and the corporate development team, doing site visits on two
additional paper mills that we may purchase.

Thanks.  --Sally
---------------------- Forwarded by Sally Beck/HOU/ECT on 08/28/2000 08:50 AM
---------------------------

	Enron North America Corp.

	From:  Brenda F Herod                           08/25/2000 06:26 PM

To: Patrick Wade/HOU/ECT@ECT, Thomas A Martin/HOU/ECT@ECT, Edward D
Gottlob/HOU/ECT@ECT, Jim Schwieger/HOU/ECT@ECT, Brian Redmond/HOU/ECT@ECT,
Jim Coffey/HOU/ECT@ECT, Wes Colwell/HOU/ECT@ECT, Steve Jackson/HOU/ECT@ECT,
David Baumbach/HOU/ECT@ECT
cc: Sally Beck/HOU/ECT@ECT, Yvette G Connevey/Corp/Enron@ENRON
Subject: Project Triple Lutz

To date, my primary duties have been to oversee the internal valuation of the
contracts, and their unwind costs in our Risk books.  I have also been
involved with the Entex contract valuation.  Dave Baumbach has been the real
key to providing the data, and has all of the information.  Steve Jackson is
talking with Ed McMichael of Structuring on Monday to get some additional
eyes and resources looking at this also.  I feel we have done a thorough job,
but we do need everyone thinking of "what if's."  Our risk books are complex,
with many hand-offs internally.  Obviously our goal is to ensure that all of
the stones have been turned, and there are no surprises at the end of the
day.  I think Structuring will really be helpful in this arena.  After our
meeting yesterday, I believe everyone is much more comfortable in our
approach.  There were a couple of things that Dave was going to follow-up on
(Fixed-price deals, especially Calpine).

FYI:  I will be out of town on another project all of the week of 8/28 - 9/1,
and Tuesday, 9/5 and Wednesday, 9/6.  I have made arrangements to ensure that
I am in Houston on Thursday, 9/7 and Friday, 9/8 for the first visit to the
Triple Lutz data room.

In my absence next week, I want to reiterate to each of you that I am
available, and will have the Triple Lutz data with me.  If any issues come up
that you feel I can be helpful, please contact yvette Connevey @
713-853-5953, and she will get in touch with me.  Once again, DO NOT HESITATE
TO CALL ME!!!  I do not want anything falling through the cracks!


Constance Trantow
230 N. Owen Dr.
Madison, WI 53705
cbt@medicine.wisc.edu

To Mr. Ken Lay,

I'm writing to urge you to donate the millions of dollars you made from selling Enron stock before the company declared bankruptcy to funds, such as Enron Employee Transition Fund and REACH, that benefit the company's employees, who lost their retirement savings, and provide relief to low-income consumers in California, who can't afford to pay their energy bills.  Enron and you made millions out of the pocketbooks of California consumers and from the efforts of your employees.

Indeed, while you netted well over a $100 million, many of Enron's employees were financially devastated when the company declared bankruptcy and their retirement plans were wiped out.  And Enron made an astronomical profit during the California energy crisis last year.  As a result, there are thousands of consumers who are unable to pay their basic energy bills and the largest utility in the state is bankrupt.

The New York Times reported that you sold $101 million worth of Enron stock while aggressively urging the company's employees to keep buying it.  Please donate this money to the funds set up to help repair the lives of those Americans hurt by Enron's underhanded dealings.

Sincerely,

Constance Trantow


Hunter Shively - I have weather access and I would like to trade power

The remainder of the desk trades gas only


he hates the farmers down at the pulse machine

	Enron Capital Management

	From:  David Baumbach                           02/07/2001 09:01 AM

To: Eric Bass/HOU/ECT@ECT
cc:
Subject: Re: The Next HEISMAN winner for the University of Texas

Does he have the dreads hanging out of his helmet?  Seems like a nice guy,
you got to give me something to hate about this guy!


We are supposed to be in the new building next week.

 -----Original Message-----
From: 	Tycholiz, Barry
Sent:	Monday, November 12, 2001 1:13 PM
To:	Presas, Jessica
Subject:	RE: blackberry

Let's not get it installed until we move. Thanks. BT

 -----Original Message-----
From: 	Presas, Jessica
Sent:	Monday, November 12, 2001 1:10 PM
To:	Tycholiz, Barry
Subject:	blackberry

The blackberry costs 302.68?
249.50 (hardware)
26.18 (recurring monthly Blackberry service fee)
25.00 (activation fee)
2.00 (warranty fee)

They should install it sometime next week.


Please read the attached memo.


---------------------- Forwarded by John Arnold/HOU/ECT on 03/08/2001 07:36
AM ---------------------------

"Tony Policastro \(Elite Brokers\)" <tonyp@elitebrokers.net> on 03/07/2001
11:55:29 AM
Please respond to "Tony Policastro \(Elite Brokers\)" <tonyp@elitebrokers.net>
To: <jarnold@enron.com>
cc:
Subject: Fw: ETKT Confirmation  -

----- Original Message -----
From: "Crystal Schwartz" <cschwartz_vitoltvl@yahoo.com>
To: <tonyp@elitebrokers.net>
Sent: Wednesday, March 07, 2001 11:43 AM
Subject: ETKT Confirmation -

>                                                    SALES AGT: CS/YCSIZM
>
>                                           ARNOLD/JOHN
>
>
>   TONY POLICASTRO
>
>
>
>
>
>   DATE:  MAR 07 2001                   PERSONAL
>
> SERVICE               DATE  FROM           TO             DEPART  ARRIVE
>
> CONTINENTAL AIRLINES  16MAR HOUSTON TX     SAN JOSE CABO  1145A   135P
> CO 1237    Y          FRI   G.BUSH INTERCO LOS CABOS
>                             EQP: BOEING 737-300
>                             SEAT 07E CONFIRMED
>                ***MIDDLE SEAT ONLY PLEASE CHECK AT AIRPORT
>
> CONTINENTAL AIRLINES  18MAR SAN JOSE CABO  HOUSTON TX     214P    550P
> CO 1236    H          SUN   LOS CABOS      G.BUSH INTERCO
>                             EQP: BOEING 737-300
>                             SEAT 14F CONFIRMED
>
>       AIR FARE 1281.00      TAX 71.23           TOTAL USD        1352.23
>                                               SVC FEE USD          15.00
>
>                                         INVOICE TOTAL USD        1367.23
>
>
>
> RESERVATION NUMBER(S)  CO/I7R7SX
>
> ARNOLD/JOHN                              TICKET:CO/ETKT 005 7025570376
> ARNOLD/JOHN                                   MCO:        890 8108674936
>
> ***********************************************
> THIS IS A TICKETLESS RESERVATION. PLEASE HAVE A
> PICTURE ID AVAILABLE AT THE AIRPORT. THANK YOU
> ***********************************************
> NON-REFUNDABLE TKT MINIMUM $100.00 CHANGE FEE
> **********************************************
>                   THANK YOU FOR CALLING VITOL TRAVEL
>
>
> =====
> Vitol Travel Services
> 1100 Louisiana Suite 3230
> Houston, Texas 77002
> Phone - 713-759-1444
> Fax - 713-759-9006
>
> __________________________________________________
> Do You Yahoo!?
> Get email at your own domain with Yahoo! Mail.
> http://personal.mail.yahoo.com/
>


Dear Vince

Further to my telephone conversation with Shirley,  I am writing concerning the GARP 2002 Convention, which will be held in New York  on 12-13 February. I have set a new deadline for the presentational slides,  Friday 4th January, and would like to touch base with you about  this. Your two areas of participation are:

1. a 40 minute presentation in 12th February on  Measuring energy risk - tackling price volatility, adapting VAR,  scenario modelling and regulatory requirements

2. co-presenting a one-day workshop on energy risk  management with Mark Williams on 14 February. I have attached a copy of the  brochure for your information.

I have also attached a hotel booking form, since I  am unsure whether this was sent to you.

Please keep me informed as to your progress, though  I hope to receive the presentational slides by January 4. If there are any  difficulties or questions please do not hesitate to contact me.

Kind regards

Andreas

______________________
Andreas  Simou
Conference Director, GARP
Tel: +44 (0)20 7626 9301
Fax: +44 (0)20  7626 9900
www.garp.com
 - GARP2002Brochure.pdf
 - hotel form.doc


Attached is the Facility Agreement for Hawaii I marked against the Hawaii II
Facility Agreement.  Please call Muriel McFarling at (214) 659-4461 when we
have final sign off and I will e-mail you a clean copy at that time.

Chris Krecek, Secretary/Legal Assistant
Andrews & Kurth L.L.P.
1717 Main Street, Suite 3700
Dallas, Texas 75201
Phone: (214) 659-4481
Fax: (214) 659-4401
Email: ckrecek@andrews-kurth.com

CONFIDENTIALITY NOTICE:  The information in this e-mail (including any
attachments) is confidential, legally privileged and intended only for the
use of each recipient named above.  If you are not an intended recipient, you
must not read, use or disseminate this information.  If you have received
this e-mail in error, please notify the sender immediately by reply e-mail
and delete this e-mail from your computer.
VIRUS WARNING:  Although this e-mail (including any attachments) is not
intended to contain any virus or defect that may affect your computer, you
are responsible for ensuring that no virus or defect exists.  The sender
disclaims any responsibility for any loss or damages arising from any virus
or defect associated with this e-mail.

 - 266253.wpd
 - 266253.doc


I will need to be out of the office next Wed. afternoon as we are closing on our townhome and the builder wants to do a final walk through before the closing.

Stephanie


Well,
today (or rather yesterday) it happened.  We have been pushing our limits
hard and the makets here have been very volatile.  We had a large increase in
North American Natural Gas VAR due to the breaking apart the Rockies/SoCal
basis correlation.  This am, we were attempting to get firm numbers on the
effect on our corporate limits so that we could provide
Jeff/Delainey/Lavorato/Buy/.... the information to make decisions whether or
not to reduce positions.  The number was not firm until 11 am houston time.
My understanding is that the Houston numbers were all in before 8 am and that
we were waiting for London.  While I am sure that there are issues all around
and I do not think that anyone Senior in Houston is even aware, let alone
prepared to blame, I fear that this will not always be the case.  I think
something needs to be changed in our process so that this can be avoided in
the future.

Please do not take this as a nasty-gram.  No one is cc'd or bcc'd.  I just
think that it will be deemed unacceptable.
Any thoughts/comments?
Ted