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  [IMAGE] June 2, 2001 [IMAGE]   [IMAGE] Volume IV, Issue 49 [IMAGE]     Email : info@otcjournal.com   URL : http://www.otcjournal.com    To OTC Journal Members:     [IMAGE] Market Comment [IMAGE]  We are in a very listless market right now. The NASDAQ has given back the 300 point gain it enjoyed from the last 1/2 point surprise rate cut from the FED. Every time the NASDAQ looks at 2000, it runs back up like a hooked fish when it first sees the fisherman's boat. Many technicians believe the NASDAQ needs to trade into the 1900 to 1950 range before it can move on to higher ground.   Microcaps are drifting down on light volume, reaching low risk entry points which will seem cheap when the next volume surge takes them back up. We are entering Earnings Pre-Warning season, a new 21st century phenomenon created by our litigious society.   Many fund managers are waiting to pounce on beaten down technology stocks as they sell off when earnings warnings are issued. Everyone's buying cheap now, positioning for what might be one of the most prolific 4th quarters of all time in stocks.   Now would be a great time to review the trading strategies for accumulating on dips we shared with you in our May 12th edition . Click Here , and read the first section.   Two of our featured companies have been in the news this week, and here's an update for you on both:      [IMAGE] XML Global Technologies (OTC BB: XMLG) Featured in Investor's Business Daily   Thusday, May 12th's edition of the venerable Investor's Business Daily carried an article in the Internet & Technology Section, authored by Sarah Z. Sleeper entitled "U.N Group OKs 'Language' That Could Spur E-Business".   The article mentions that the U.N.'s group OASIS (Organization for the Advancement of Structured Information Standards) has announced the specific International standards for programming with ebXML.   Long term readers know one of our featured companies, XML Global Technologies has been developing programming tools for this new and revolutionary programming language which is expected to become the new International Standard by which all computer systems communicate with each other.   XML Global is mentioned in the article along with Sun Microsystems, IBM, and Oracle. Here are several excerpts:   "With little fanfare, the e-conomy received what might prove to have been a pretty good jolt."  (first paragraph) "It's backed (ebXML) by a bevy of tech heavy-hitters. They include Sun Microsystems, Inc., IBM Corp. and Oracle Corp." (5th paragraph) "The biggest win is going to be for the average consumer, said David Weber, as vice president at Vancouver B.C.- based software firm XML Global Technologies, Inc. EbXML will reduce costs for companies." (11th paragraph)  The article goes on to describe recent international demonstrations of the product where XML Global participated along with Bea Systems, Commerce One, and Sun Microsystems.   Clearly XML Global Technologies has placed itself directly in the path on an oncoming tidal wave of new programming opportunities, and is the David in a team of Goliaths headed towards the adoption of ebXML.    Rarely are microcap stocks prominently mentioned in the company of such huge success stories. XML Global has a tiger by the tail.   The stock has drifted back on light volume to the $.90 range. You should have a look at it down here.   We are trying to get permission to reprint the entire article for the benefit of our members. We may have it in PDF Format by the middle of next week. Stand by for more information.     [IMAGE] Envoy Communications, Inc (NASDAQ: ECGI) Announces March Quarterly Earnings [IMAGE]  This past Tuesday after the market closed Envoy announced its 21st Consecutive Quarter of Year-Over-Year Growth in Revenue and EBITDA. This company is putting on a remarkable corporate performance in a hostile business climate.   Here are the quarter to quarter comparisons: (all figures are in Canadian Dollars)       March Quarter 2000 March Quarter 2001 Percentage Increase Revenues $12,938,527 $20,430,030 57% EBIDTA Earnings $2,135,919 $3,074,254 44% Earnings Before Non-Cash Expenses $857,286 $1,282,121 49% EPS Fully Diluted .03 .03 0%    Investors should note that the company's sales were up 57% over the same quarter the previous year to $20,430,030. Real, after tax cash earnings increased 49% to $1,282,121. EPS stays the same due primarily to non-cash expenses. The accounting standards for these non-cash expenses are changing this summer to accurately reflect the company's financial performance.   The editors of the OTC Journal continue to believe this stock is worth $5 per share US. Yet, it continues to languish in the high $2 range due to complete lack of sponsorship from Wall Street. The OTC Journal is the only substantive forum for investment ideas that follows this company.   Now that the market is turning, management recognizes it is time to go to Wall Street and present itself to the institutional community if it ever hopes to create a significant result on behalf of long suffering shareholders.   Patience should pay off for investors. Wall Street will eventually discover this company because Wall Street loves profits again. This is a low risk growth stock to accumulate on dips. Their history of profitability mitigates many of the risk factors associated with micro cap investing, and investors will eventually come along that want this stock.    The OTC Journal is a proud partner of the SwingWire.com Online Investment Community . A next generation Online Analyst Exchange providing Members the ability to search, review, track and monitor some of the Internet's best Online CAs (CyberAnalysts). Members have the opportunity to potentially achieve higher returns by viewing top performing portfolios and receiving real-time alerts from favorite CAs.    SwingWire.com  also has a lucrative incentive model for experienced investors and traders who consistently outperform the market. Share market ideas with other like-minded investors, establish a proven track record, provide insightful commentary, attract followers and ultimately become one of the Internet's highest paid and most sought after CyberAnalysts!    Click here to receive your FREE 30-Day Trial Membership with no further obligation. Sign Up Today!        Disclaimer   The OTCjournal.com Newsletter is an independent electronic publication committed to providing our readers with factual information on selected  publicly traded companies. All companies are chosen on the basis of certain financial analysis and other pertinent criteria with a view toward  maximizing the upside potential for investors while minimizing the downside risk, whenever possible.  Moreover, as detailed below, this publication accepts compensation from certain of the companies which it features.  Likewise, this newsletter is owned by MarketByte, LLC.  To the degrees enumerated herein,  this newsletter should not be regarded as an independent publication.   Click Here  to view our compensation on every company we have ever covered, or visit the following web address:  http://www.otcjournal.com/disclaimer.html  for our full profiles and http://www.otcjournal.com/trading-alerts/disclaimer.html  for Trading Alerts. MarketByte LLC has been paid the following fee by XML Global for a year of representation: $100,000 cash, 60,000 shares of free trading stock, 60,000 shares of restricted stock, and 60,000 options exercisable at $2. The 60,000 shares of free trading stock have been contributed by a third party on behalf of the company. Please review our policy on selling shares found within our Mission Statement at our home page.   All statements and expressions are the sole  opinions of the editors and are subject to change without notice. A profile, description, or other mention of a company in the newsletter is neither an offer nor solicitation to buy or sell any securities  mentioned. While we believe all sources of information to be factual and reliable, in no way do we represent or guarantee the accuracy thereof, nor the statements made herein.   The editor, members of the editor's family, and/or entities with  which they are affiliated, are forbidden by company policy to own, buy, sell or otherwise trade stock for their own benefit in the companies who appear in the publication.   The profiles, critiques, and other editorial content of the OTCjournal.com may contain forward-looking statements relating to the expected capabilities of the companies mentioned herein.   THE READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE BEFORE INVESTING IN ANY SECURITIES MENTIONED. INVESTING IN  SECURITIES IS SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK. THE INFORMATION FOUND IN THIS PROFILE IS PROTECTED BY THE COPYRIGHT LAWS OF THE UNITED STATES AND MAY NOT BE COPIED, OR REPRODUCED IN ANY WAY WITHOUT THE EXPRESSED, WRITTEN  CONSENT OF THE EDITORS OF OTCjournal.com.   We encourage our readers to invest carefully and read the investor information available at the web sites of  the Securities and Exchange Commission ("SEC") at http://www.sec.gov and/or the National Association of Securities Dealers ("NASD") at http://www.nasd.com . We also strongly recommend that you read the SEC advisory to investors concerning Internet Stock Fraud, which can be found at  http://www.sec.gov/consumer/cyberfr.htm . Readers can review all public filings by companies at the SEC's EDGAR page. The NASD has published information on how to invest carefully at its web site.     Unsubscribe Here     You can unsubscribe from this list at any time by Clicking Here  and HITTING SEND. If you are having difficulty removing yourself or wish to change your address please go to http://listserv.otcjournal.com/opt.cgi?email=alewis@enron.com .

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As we return to our regular business activities following last week's tragic events, we wanted to disseminate as widely as possible the following information on security and travel.  Updates will be posted as necessary under "bulletins" on the Corporate Security website located at www.home.enron.com.

We do not believe that any terrorist groups will target Enron's employees or facilities.  As a precautionary measure, however, we have increased security in and around our facilities.  We urge all employees to maintain a heightened sense of awareness and to immediately report any suspicious activity to Enron Corporate Security in Houston at (713) 345-2804.

All non-essential business travel should be postponed until further notice.   Airline schedules and flights will be disrupted for some time - and bomb hoaxes, false alarms, and increased security measures will result in additional delays and disruptions.  In addition, all carriers, particularly U.S. carriers and those of U.S. allies such as Israel and NATO member countries, may be at risk for copycat hijackings.

	We realize that, as Enron conducts its business, some air travel is unavoidable.   Enron employees who wish to discuss their travel options should contact Corporate Security at (713) 345-2804 or via email at CorporateSecurity@enron.com.

	U.S. military action in retaliation for the terrorist attacks may result in violent Islamic extremist reactions in a number of countries, particularly in Afghanistan, Yemen, and Pakistan, as well as in Egypt, Iran, Iraq, Israel, Gaza/West Bank, Jordan, Kuwait, Lebanon, Libya, Saudi Arabia, Sudan, Syria and Tajikistan.  Reactions could take the form of acts by individuals or organized groups against U.S. government or commercial facilities.  All travel to or through these countries should be canceled.

Most of the U.S.' busiest airports have implemented the FAA's stepped-up security measures and are open and operating, with the exception of Washington Reagan National Airport.  If you are traveling by air, allow plenty of time to check in under these new security procedures.  Contact your carrier directly to find out about flight schedules and specific boarding requirements.  You can find more information on the new security standards as well as a list of airports that have certified they can meet the new security standards on the FAA's website at http://www.faa.gov.


CALENDAR ENTRY:	REMINDER

Description:
	Monica - Vacation

Date:		10/19/2000
Time:		8:00 AM (Central Standard Time)

Chairperson:	Outlook Migration Team

Detailed Description:


Monica,

Things are a little bit unsettled right now. I am working on them and will have something shortly.
Your patience is appreciated.

Andy Zipper


Hi Louise,

Here are the numbers you were looking for.

Savita

 -----Original Message-----
From: 	Levy, Laura
Sent:	Thursday, August 16, 2001 5:28 PM
To:	Puthigai, Savita
Cc:	Moorer, Torrey
Subject:	EOL 3rd Qtr Compare 00' - 01'

Updated copy...

  Laura Levy
EOL Product Control Group
Ext. 53551


Yes Kay.  It shlould be the last version from Peter Thompson of AK sent April
24th.  Tom Constantine and I just left Peter a voice mail to ask him to
resend to Tom for a double check.  I wil ask Tom to forward it to you.  I
have nothing to add to these contracts, and want to get out of the loop to
eliminate confusion.

This does not mean I will not help or answer any questions, just that Dale
has asked Tom to act in Dale's place on this, and I don't want to screw
things up....

TOM - when received or confirmed from Peter, would you please send a copy to
Kay Mann as well (as requested below).

 -----Original Message-----
From:  Mann, Kay
Sent: Tuesday, May 01, 2001 9:34 AM
To: Williams, Bill
Subject:

Could you email me the last version of the turbine contract?

thanks,

Kay


Shannon,

o:\erms\erm_adm\firmtrad\2001\0401\Regions\NGDKRS0401

Thanks,

Errol

From: Shannon McPearson/ENRON@enronXgate on 05/02/2001 10:28 AM
To: Errol McLaughlin/Corp/Enron@ENRON
cc:

Subject: NG Gas Deferred

I need a DPR for the NG Gas Deferred book for April 01.
;
Thanks!
Shannon McPearson
Enron North America
713-853-5944
Shannon.McPearson@enron.com


Eric,

I have forwarded your resume to a number of units of Enron.
My group hires candidates with advanced degrees in science
and mathematics.

Vince Kaminski

Eric Hilton <ehilton@earthlink.net> on 06/22/2000 11:20:11 PM
To: Vince.J.Kaminski@enron.com
cc:
Subject: replied resume

Mr. Kaminski,

??????? I sent an actual resume via the postal service. I guess you never
received it. Thank you for your patience.

A few features I possess that suggest that I may be a representative your
well established company would value are:

?Seven-plus years as a manager/junior executive of logistics in a fast-paced,
demanding, and constantly evolving retail industry.
Experience in effectively developing and implementing policies and tasks
under marketing, logistics, brand management, and best practices.
BA degree in Marketing with a 3.88 GPA from the University of San Moritz,
London England.
Extensive knowledge in management with the ability to effectively manage
multiple tasks, as well as multiple associates, to achieve specific goals in
research and brand management within the company's deadline.
Seven-plus years effectively implementing and teaching dynamic and successful
customer service.

With my current employer, I am in charge of logistics research and
reports/data collection, as well as responsible for developing new and
successful ideas and implementing them under constantly evolving brand
management and best practices.

Traveling to London, England and extensively finishing my degree indicates
that I am willing to go the &extra mile8 to achieve and obtain my goals.

Perhaps, Mr. Kaminiski,? I am an associate you need at your well-respected
company. I would be very happy to meet with you, at your convenience, to
discuss the possibility of putting my education and experience to work for
Enron.

Thank you for your consideration. I look forward to hearing from you. I have
attached my resume to this email formatted under Microsoft Word.

Warmest Regards,
Eric Hilton
?
 - MY RESUME


The attached file contains our daily volume requirements for  today and
tomorrow  .    There are three worksheets:  The one labelled with today's date
contains the volumes that we need at each of the citygate delivery points
indicated.   The schedulers will want to check this sheet to see how much gas
is needed at a specific point.   The AGL volumes are not timely and should be
ignored until further notice.    CES schedulers note:  the attached file is
archived on P:\Energy Ops\Enron\April_00\Daily\ *.xls, so you don't have to
save a duplicate copy elsewhere on the network.

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

The sheet labelled storage is for tracking our TCO storage injections (paper
injections).

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

 - 04-06-00 daily volsAM.xls


Here are the quotes from the Moorings.  One is for a 464 which is about the size of boat we had last time but with 4 cabins and 2 heads (last time was 3 cabins, 3 heads which would be better for a smaller group but they're already booked).  The other is for a 505, a 50' boat with four main cabins, each with its own head, and a fifth smaller cabin in the forepeak.  If we have need for the fourth cabin, I'd be inclined to go with the larger boat.  I talked to Jim on Friday and he's thinking about it - wanted to check his calendar, etc.  Any idea how to get in touch with the Johns?  Other potential sailors to suggest?  Luck curtailing Jamie's guilt trip?

 -----Original Message-----
From: 	"Dan@treebeards.com" <dan@treebeards.com>@ENRON [mailto:IMCEANOTES-+22Dan+40treebeards+2Ecom+22+20+3Cdan+40treebeards+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Friday, August 10, 2001 2:22 PM
To:	Taylor, Mark E (Legal)
Subject:	Re: Let's Go Sailing!

Jim and/or the Johns would be fine by us.

.----- Original Message -----
From: <Mark.Taylor@enron.com>
To: <dan@treebeards.com>
Cc: <jamie@treebeards.com>
Sent: Friday, August 10, 2001 11:18 AM
Subject: RE: Let's Go Sailing!

> Good catch!  I was thinking that Thanksgiving was the 29th -- oops.  I'll
> get a revised quote.  Any ideas for who wants to go?  This particular boat
> has three cabins and heads.  If we have another person (Jim?) or couple
> (the Johns?) we would get along with for a week it would be fun and less
> expensive.  And if there are even more, we could get a larger boat with
> four cabins.  We just need to know sooner rather than later to get the
boat
> reserved.
>
>     -----Original Message-----
>    From:   "Dan@treebeards.com" <dan@treebeards.com>@ENRON
>
[mailto:IMCEANOTES-+22Dan+40treebeards+2Ecom+22+20+3Cdan+40treebeards+2Ecom+
3E+40ENRON@ENRON.com]
>
>
>    Sent:   Friday, August 10, 2001 9:00 AM
>    To:     Taylor, Mark E (Legal)
>    Cc:     Jamie Mize
>    Subject:  Re: Let's Go Sailing!
>
>    I'm game for a trip.  Any chance we could do it a week or a few days
>    earlier
>    and take advantage of the Thanksgiving holiday since we are already
off?
>    ----- Original Message -----
>    From: <mark.taylor@enron.com>
>    To: <dan@treebeards.com>
>    Sent: Thursday, August 09, 2001 12:36 PM
>    Subject: Let's Go Sailing!
>
>
>    > What do you think?
>    >
>    > This vacation estimate was created by The Moorings for Mark and crew.
>    If
>    you would like more information, please visit our web site at
>    http://www.moorings.com. Thank you for considering The Moorings for
your
>    next sailing vacation.
>    >
>    > Estimate Request No: 92624
>    > Set Sail Date: 11/25/2001
>    > Duration: 7 Days
>    > Departure Base: St. Martin
>    >
>    > Item Description:                                  Price:
>    > Moorings 463 - Exclusive For 7 Days                $USD 3,675.00
>    > Evening Start                                      $USD 367.50
>    > Provisioning - Prov.-Easy On The Cook              $USD 560.00
>    > Security Insurance                                 $USD 203.00
>    >
>    > Total Charter Price                                $USD 4,805.50
>    > Price Per Person Per Day                           $USD 171.63
>    >
>    >
>    > . Bareboat charters may choose to start at either noon or 6:00 pm.
>    Crewed
>    Yacht charters start at noon. All charters end at noon.
>    > . You may start your charter any day of the week.
>    > . A minimum number of charter days may apply.
>    > . All prices are subject to change without notice.
>    > . Taxes vary by destination, and may not be included in this
estimate.
>    Please ask a Moorings Vacation Planning Specialist for details.
>    >
>    > This estimate is provided for your convenience and to aid in planning
>    your
>    sailing vacation with The Moorings. Availability and prices are subject
>    to
>    change and are not guaranteed until a deposit is made.  Your charter
may
>    qualify for a special offer or discount.  Please visit the Special
>    Offers
>    section of our web site or use the Contact Us page found on our Service
>    Desk
>    to contact a Vacation Planning Specialist for details.
>    >
>    >
>    >
>
>
>
>
> **********************************************************************
> This e-mail is the property of Enron Corp. and/or its relevant affiliate
and may contain confidential and privileged material for the sole use of the
intended recipient (s). Any review, use, distribution or disclosure by
others is strictly prohibited. If you are not the intended recipient (or
authorized to receive for the recipient), please contact the sender or reply
to Enron Corp. at enron.messaging.administration@enron.com and delete all
copies of the message. This e-mail (and any attachments hereto) are not
intended to be an offer (or an acceptance) and do not create or evidence a
binding and enforceable contract between Enron Corp. (or any of its
affiliates) and the intended recipient or any other party, and may not be
relied on by anyone as the basis of a contract by estoppel or otherwise.
Thank you.
> **********************************************************************
>


I need to send this to Jeff and Ray and get it back agreed to before we can actually fund otherwise I am not comfortable with the agreement and the reps we are making.

The following representations (among others) have been made to various parties relative to both the credit agreement (with the banks) and the Preferred Stock Agreeement (Dynegy) to the Boards of Transwestern (TW), Northern (NNG) and Enron Transportation Services (ETSC) and it subsidiaries, as well as to Dynegy and the banks:

The funds that are being loaned out of NNG and TW to various entities and the further loans of these funds to Enron will carry Enron Corp guaranties.
The note agreements will reimburse NNG, TW and ETSC and their subsidiaries for their actual expenses associated with these endeavors.
The credit agreements actually require a large degree of separateness and an arm's length standard needs to be applied to dealings between ETSC and its subsidiaries and Enron and the rest of it's subsidiaries.

Before the funding under the credit agreement takes place I would like to make sure that you two are aware of this, have agreed to and understand the conditions and further agree that you will assist me in cleaning up whatever documentation needs to be cleaned up between Enron and ETSC and it's subs to make the above representations not be false.

Rod Hayslett
Managing Director, Chief Financial Officer and Treasurer
Enron Transportation Services Company
EB4054
1400 Smith Street
Houston, TX  77002-7361
713-853-6178
rod.hayslett@enron.com


----- Forwarded by Taffy Milligan/HOU/ECT on 05/08/2000 03:04 PM -----

	Irma Alvarez
	04/28/2000 10:04 AM

		 To: Suzanne Adams/HOU/ECT@ECT, Ana Alcantara/HOU/ECT@ECT, Airam
Arteaga/HOU/ECT@ECT, Donna Baker/HOU/ECT@ECT, Lorraine Becker/HOU/ECT@ECT,
Katherine Benedict/HOU/ECT@ECT, Tamara Jae Black/HOU/ECT@ECT, Erica
Braden/HOU/ECT@ECT, Elaine Brown/HOU/ECT@ECT, Kimberly Brown/HOU/ECT@ECT,
Esther Buckley/HOU/ECT@ECT, Kimberly Bullock/HOU/ECT@ECT, Jennifer
Burns/HOU/ECT@ECT, Mary Comello/Corp/Enron@Enron, Bobbie
Campbell/HOU/ECT@ECT, Elaine Campbell/ECP/HOU/ECT@ECT, Lydia
Cannon/HOU/ECT@ECT, Sherri Carpenter/HOU/ECT@ECT, Lillian
Carroll/HOU/ECT@ECT, Christy Chapman/HOU/ECT@ECT, Kay Chapman/HOU/ECT@ECT,
Heather Choate/HOU/ECT@ECT, Cindy Cicchetti/HOU/ECT@ECT, Angie
Collins/HOU/ECT@ECT, Betty J Coneway/HOU/ECT@ECT, Yvette G
Connevey/Corp/Enron@ENRON, Shirley Crenshaw/HOU/ECT@ECT, Sheri L
Cromwell/HOU/ECT@ECT, Katherine Crosswhite/HOU/ECT@ECT, Amy
Cooper/HOU/ECT@ECT, Susan Fallon/Corp/Enron@ENRON, Joya Davis/HOU/ECT@ECT,
Tamara Davis/HOU/ECT@ECT, Felicia Doan/HOU/ECT@ECT, Christine
Drummond/HOU/ECT@ECT, Jodi Dziadek/HOU/ECT@ECT, Deborah J Edison/HOU/ECT@ECT,
Janette Elbertson/HOU/ECT@ECT, Kaye Ellis/HOU/ECT@ECT, Yolanda
Ford/HOU/ECT@ECT, Darlene C Forsyth/HOU/ECT@ECT, Deana
Fortine/Corp/Enron@ENRON, Sue Foust/HOU/ECT@ECT, Stephanie
Gardner/HOU/ECT@ECT, Carolyn George/Corp/Enron@ENRON, Alisha
Guerrero/HOU/ECT@ECT, Anabel Gutierrez/HOU/ECT@ECT, Stella L Ely/HOU/ECT@ECT,
Nancy Hall/HOU/ECT@ECT, Claudette Harvey/HOU/ECT@ect, Jenny
Helton/HOU/ECT@ect, Angela Henn/HOU/ECT@ECT, Irena D Hogan/HOU/ECT@ECT,
Kimberly Hillis/HOU/ECT@ect, Renee Ingram/HOU/ECT@ECT, Geraldine
Irvine/HOU/ECT@ECT, Monica Jackson/Corp/Enron@ENRON, Marvia
Jefferson/HOU/ECT@ECT, Pat Jefferson/HOU/ECT@ECT, Barbara
Johnson/HOU/ECT@ECT, Donna Jones/HOU/ECT@ECT, Kim Ladish/Corp/Enron@Enron,
Tonai Lehr/Corp/Enron@ENRON, Leticia Leal/HOU/ECT@ECT, Maxine E
Levingston/Corp/Enron@Enron, Barbara Lewis/HOU/ECT@ECT, Vickie
Lopez/HOU/ECT@ECT, Angelina V Lorio/HOU/ECT@ECT, Melinda Joyce
Lynn/HOU/ECT@ECT, Lorie Leigh/HOU/ECT@ECT, Julissa Marron/Corp/Enron@ENRON,
Luann Mitchell/Corp/Enron@Enron, Shelby Malkemes/Corp/Enron@ENRON, Sandra R
McNichols/HOU/ECT@ECT, Taffy Milligan/HOU/ECT@ECT, Jana Mills/HOU/ECT@ECT,
Laura Mireles/Corp/Enron@ENRON, Kevin G Moore/HOU/ECT@ECT, Xochil
Moreno/HOU/ECT@ECT, Paul Morrissette/HOU/ECT@ECT, Linda J Noske/HOU/ECT@ECT,
Cecilia Olvera/HOU/ECT@ECT, Petra Olvera/HOU/ECT@ECT, Frances
Ortiz/HOU/ECT@ECT, Rhonna Palmer/HOU/ECT@ECT, Terrellyn Parker/HOU/ECT@ECT,
Ragayle Pellum/HOU/ECT@ECT, Kimberly Perkins/HOU/ECT@ECT, Fannette A
Perry/HOU/ECT@ECT, Gracie S Presas/HOU/ECT@ECT, Sharon Purswell/HOU/ECT@ECT,
Dusty Warren Paez/HOU/ECT@ECT, Pat Radford/HOU/ECT@ECT, Ina
Rangel/HOU/ECT@ECT, Rosalinda Resendez/HOU/ECT@ECT, Sarah
Reyna/Corp/Enron@ENRON, Tina Rode/HOU/ECT@ECT, Mark Anthony
Rodriguez/HOU/ECT@ECT, Felecia Russell/Corp/Enron@ENRON, Beth A
Ryan/HOU/ECT@ECT, Alex Saldana/HOU/ECT@ECT, Maria Sandoval/HOU/ECT@ECT,
Carolyn Schader/HOU/ECT@ECT, Marsha Schiller/HOU/ECT@ECT, Tammie
Schoppe/HOU/ECT@ECT, Lisa Shoemake/HOU/ECT@ECT, Linda Shoup/HOU/ECT@ECT,
Linda J Simmons/HOU/ECT@ECT, Susan Skarness/HOU/ECT@ECT, William
Smith/Corp/Enron@ENRON, Dina Snow/Corp/Enron@Enron, Cindy Stokes/HOU/ECT@ECT,
Twanda Sweet/HOU/ECT@ECT, Tina Spiller/Corp/Enron@Enron, Beverly
Stephens/Corp/Enron@Enron, Liz M Taylor/HOU/ECT@ECT, Grace
Taylor/Corp/Enron@ENRON, Gerry Taylor/Corp/Enron@ENRON, Helen Marie
Taylor/HOU/ECT@ECT, Kelly Templeton/Corp/Enron@ENRON, Tina
Tennant/HOU/ECT@ECT, Patti Thompson/HOU/ECT@ECT, Shirley
Tijerina/Corp/Enron@ENRON, Lynn Tippery/HOU/ECT@ECT, Becky
Tlucek/HOU/ECT@ECT, Jackie Travis/HOU/ECT@ECT, Xochitl-Alexis
Velasco/HOU/ECT@ECT, Chantelle Villanueva/HOU/ECT@ECT, Michelle
Vitrella/HOU/ECT@ECT, Stacy Weatherly/Corp/Enron@Enron, Brenda
Whitehead/HOU/ECT@ECT, Chaundra Woods/HOU/ECT@ECT, Melinda S
Yarbrough/HOU/ECT@ECT, Lisa Zarsky/HOU/ECT@ECT, Kim Zachary/HOU/ECT@ECT,
Nicole Mendez/HOU/ECT@ECT, Debra Davidson/PDX/ECT@ECT, Catherine
DuMont/PDX/ECT@ECT, Mollie Gustafson/PDX/ECT@ECT, Grace
Rodriguez/PDX/ECT@ECT, Teri Whitcomb/PDX/ECT@ECT, Kathy Axford/PDX/ECT@ECT,
Cherry Mont/NY/ECT@ECT, Mary Grisaffi/HOU/ECT@ECT
		 cc: Cindy Skinner/HOU/ECT@ECT, Angie Buis/Corp/Enron@ENRON, Fran L
Mayes/HOU/ECT@ECT, Sheila Walton/HOU/ECT@ECT, Kim Melodick/HOU/ECT@ECT, Brad
McSherry/HOU/ECT@ECT, Norma Villarreal/HOU/ECT@ECT, Elspeth
Inglis/Corp/Enron@Enron, Dave Hill/Corp/Enron@Enron
		 Subject:

You've guessed it!  Mid Year PRC is around the corner and we must start
preparing for it.

In preparation for the upcoming Mid Year Review Process, we will need your
assistance with the Communication to your groups!  Therefore, we, the Human
Resources Team for ENA, are requesting your assistance in generating all the
communication materials needed to your group to make sure we don't leave
anyone uninformed.   The first two pieces of communication coming your way,
besides  the e-mail announcements that have recently been distributed, is the
ever so famous Quick Reference Guides & the new PEP cards.  This time around,
the Global Performance Mgmt team has decided not to have so many hard copies
distributed  of the Quick Reference Guides because you are receiving the
e-mail version copy, as you will find attached below.  The reason behind this
is that ENA has been through this process for the last few years and the
Quick Reference Guides contain alot of the same information as in the past,
and seem to come in much more handy for employees tha are new to the company
and to the process.

Next, the Global Perf Mgmt team has created this nifty PEP Card that has very
minimal highlighted information for everyone.
Please anticipate the PEP Cards in your group this Friday afteroon.  We will
also get out a few hard Copies of the Reference Guides, but again, it is
attached below, so please don't anticipate a copy of the Quick Reference
Guides for everyone in your group.

We will be sending a follow up e-mail to you all to advise you of the
schedule for any training classes that will be available before the
Performance Mgmt system opens on May 15th.

We ask that you assist us in this process by distributing detailed e-mails
such as this (addressed to all the Admn Asst's) to your group.  Your
assistance and cooperation is critical, but most importantly greatly
appreciated.

Please feel free to contact your HR rep with any questions you may have, and
also, the PEP Hotline is already currently available to provide all employees
with Perf Mgmt Assistance.

Thanks again.

Irma Alvarez
ENA HR Coordinator
Ext. 3-1543


CGoering@nyiso.com writes to the NYISO_TECH_EXCHANGE Discussion List:

The NYISO is reserving hours beginning 0:00 and 5:00 in the September 18,
2001 Real-Time Market as well as the following hours per ECA 20010608B to
verify prices:

HQ:  0:00, 2:00, 4:00 - 5:00, 7:00, 23:00
NE:  0:00, 7:00, 23:00
OH:  0:00, 7:00, 23:00
PJM:  0:00 - 7:00, 21:00-23:00

Prices in the September 19, 2001 Day-Ahead Market are correct.

This e-mail information is a copy of the official posting which can be
found at the following address of our website:
http://mis.nyiso.com/public/htm/OperMessages/CurrentOperMessages.htm#mm


------------------------------------------------------------------------------------------------------
W E E K E N D   S Y S T E M S   A V A I L A B I L I T Y

F O R

November 16, 2001 5:00pm through November 19, 2001 12:00am
------------------------------------------------------------------------------------------------------

SCHEDULED SYSTEM OUTAGES:

ARDMORE DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages.

AZURIX: No Scheduled Outages.

EB34 DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages.

EDI SERVER: No Scheduled Outages.

ENRON CENTER SOUTH DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages

ENRON NORTH AMERICAN LANS:
Impact:  3AC
Time:  Fri 11/16/2001 at  10:00:00 PM CT thru Sat 11/17/2001 at 12:00:00 AM CT
	Fri 11/16/2001 at    8:00:00 PM PT thru Fri 11/16/2001 at  10:00:00 PM PT
	Sat 11/17/2001 at  4:00:00 AM London thru Sat 11/17/2001 at  6:00:00 AM London
Outage:  Swing 3AC 8th and 9th floors to CORP IP space.
Environments Impacted:  8th
Purpose: EBS Integration
Backout: re-issue original configurations, bring trunk to eb44 back up.
Contact(s): 	Micah Staggs    713-345-1696

Impact:  Ardmore
Time:  Sat 11/17/2001 at  10:30:00 PM CT thru Sun 11/18/2001 at   2:30:00 AM CT
	Sat 11/17/2001 at     8:30:00 PM PT thru Sun 11/18/2001 at 12:30:00 AM PT
	Sun 11/18/2001 at  4:30:00 AM London thru Sun 11/18/2001 at  8:30:00 AM London
Outage:  Add redundant connections between ARD-COR-CCX1/2 and ENA-CX1/2-ARD
Environments Impacted:  All
Purpose: Increased bandwidth / resiliency available on the MAN
Backout: Put original equipment/configs back in place
Contact(s): 	Dennis McGough    713-345-3143

FIELD SERVICES:  No Scheduled Outages.

INTERNET: No Scheduled Outages.

MESSAGING:
Impact:  Corp Notes
Time:  Fri 11/16/2001 at  9:00:00 PM CT thru Sat 11/17/2001 at    1:00:00 AM CT
	Fri 11/16/2001 at  7:00:00 PM PT thru  Fri 11/16/2001 at  11:00:00 PM PT
	Sat 11/17/2001 at  3:00:00 AM London thru Sat 11/17/2001 at  7:00:00 AM London
Outage:  cNotes Server Reboots
Environments Impacted:  All users on any of the mailservers listed below
Purpose: Scheduled @ 2 week interval
Backout: Make sure server comes up.
Contact(s): 	Trey Rhodes  (713) 345-7792

Impact:  EI
Time:  Fri 11/16/2001 at  9:00:00 PM CT thru Sat 11/17/2001 at    1:00:00 AM CT
	Fri 11/16/2001 at  7:00:00 PM PT thru  Fri 11/16/2001 at  11:00:00 PM PT
	Sat 11/17/2001 at  3:00:00 AM London thru Sat 11/17/2001 at  7:00:00 AM London
Outage:  EI Notes Server Maintenance
Environments Impacted:  EI Local/Domestic/Foreign Sites
Purpose: Scheduled @ 2 week interval
Backout: N/A
Contact(s): 	David Ricafrente    713-646-7741

Impact:  EES
Time:  Fri 11/16/2001 at  8:30:00 PM CT thru Fri 11/16/2001 at  11:30:00 PM CT
	Fri 11/16/2001 at  6:30:00 PM PT thru Fri 11/16/2001 at    9:30:00 PM PT
	Sat 11/17/2001 at  2:30:00 AM London  thru Sat 11/17/2001 at  5:30:00 AM London
Outage:  EES Notes Server Reboots
Environments Impacted:  All users on any of the mailservers listed below
Purpose: Scheduled @ 2 week interval on 1st and the 3rd Friday of each month.
Backout:
Contact(s): 	Dalak Malik    713-345-8219

MARKET DATA:
Impact:  CORP
Time:  Sat 11/17/2001 at  12:00:00 PM CT thru Sat 11/17/2001 at  12:30:00 PM CT
	Sat 11/17/2001 at  10:00:00 AM PT thru Sat 11/17/2001 at  10:30:00 AM PT
	Sat 11/17/2001 at  6:00:00 PM London thru Sat 11/17/2001 at  6:30:00 PM London
Outage:  Autex - "taurus" system upgrade
Environments Impacted:  Autex
Purpose: replace obsolesced hardware with Enron Standard hardware configuration for critical trading application
Backout: Replace with original system
Contact(s): 	John Sieckman    713-345-7862

NT: No Scheduled Outages.

OS/2:  No Scheduled Outages.

OTHER SYSTEMS:
Impact:  SAP
Time:  Fri 11/16/2001 at  8:00:00 PM CT thru Mon 11/19/2001 at    2:00:00 AM CT
	Fri 11/16/2001 at  6:00:00 PM PT thru Mon 11/19/2001 at  12:00:00 AM PT
	Sat 11/17/2001 at  2:00:00 AM London thru Mon 11/19/2001 at  8:00:00 AM London
Outage:  Add New SAP Storage
Environments Impacted:  SAP
Purpose: Disk growth in SAP required procurement of additional disk.
Backout: Revert to current configuration.
Contact(s): 	Gary Sentiff    713-345-5125

SITARA:  No Scheduled Outages.

SUN/OSS SYSTEM: No Scheduled Outages.

TELEPHONY: No Scheduled Outages

TERMINAL SERVER:  No Scheduled Outages.

UNIFY:  No Scheduled Outages.

----------------------------------------------------------------------------------------------------------------------------
								FOR ASSISTANCE

(713) 853-1411   Enron Resolution Center

Specific Help:
Information Risk Management			(713) 853-5536
SAP/ISC                                                                               (713) 345-4727
Unify On-Call 					(713) 284-3757  [Pager]
Sitara On-Call					(713) 288-0101  [Pager]
RUS/GOPS/GeoTools/APRS			(713) 639-9726  [Pager]
OSS/UA4/TARP				(713) 285-3165  [Pager]
CPR						(713) 284-4175  [Pager]
EDI Support 					(713) 327-3893  [Pager]
EES Help Desk					(713)853-9797 OR (888)853-9797
TDS -Trader Decision Support On-Call                    (713) 327-6032 [Pager]


We face two parallel tracks in the Senate in the coming weeks between now and
the start of the congressional recess for one week on June 29th.

In the Senate Energy and Natural Resources Committee, we will be facing
efforts by pro-price caps forces who will use the committee "bully pulpit" to
pressure FERC into more action.  This effort is led by incoming chairman
Bingaman with support from Majority Leader Daschle.  They are saying they
will consider acting on the Feinstein-Smith price cap legislation unless FERC
takes unspecified additional action by the end of this month.

The new track in the Senate will be in the Governmental Affairs Committee
chaired by Sen. Lieberman (D-CT).  While this committee does not have the
legislative jurisdiction over energy that the Energy Committee does in terms
of moving legislation, the Governmental Affairs Committee has  broad
oversight and investigatory jurisdiction over all federal agencies, including
FERC.  New chairman Lieberman held his first press conference as chairman
today and said addressing high energy prices would be a priority.

In that vein, the committee is expected to hold a hearing on June 13
featuring some of the economists who wrote a letter in favor of price caps
last month.  We are checking with the Republican staff to make sure that the
anti-price cap economists (the majority of the discipline, of course) will
also testify.  We also brief committee members and staff with our arguments
against price caps and the latest publicly available market data.  On June 20
the committee will hold a hearing on whether FERC has properly exercised its
duties under the Federal Power Act to make sure that wholesale power rates
are just and reasonable.  We are going to meet with the committee majority
staff, but we presently expect this hearing to have political witnesses
(i.e., elected officials, possibly including Gov. Davis).

We must keep in mind that Sen. Feinstein had earlier written to Chairman
Lieberman asking for a hearing on the California energy situation, including
relationships between FERC and those it regulates (citing the NY Times
article involving Enron and Chairman Hebert).  There is at present no
indicationi that either hearing will address this matter.  We are, as you
might imagine, paying close attention to this situation.

Over in the House, Energy and Commerce Chairman Tauzin has said he will write
to FERC asking them to extend the April 26 price mitigation order to the
entire west and to extend it to 24/7.  He also asks FERC to see if it can
implement "negawatts" demand reduction administratively.  We are in the
process of obtaining a copy of the letter, which has not yet been made public.

Also in the House, we expect congressional committees to begin marking up
portions of the President's energy legislation and related topics as the
month unfolds.


In the Bedroom looks better.

KK

-----Original Message-----
From: Amanda R. Keiser [mailto:Amanda.Keiser@Prostaff.com]
Sent: Friday, January 25, 2002 12:46 PM
To: Keiser, Kam
Subject: Movie

Hey,

I keep hearing negative things about Lord of the Rings. Any desire to see In
the Bedroom. It's a thriller with Sissy Spacek. I've heard good things about
it. Or The Shipping News with Kevin Spacey. This is a drama. I think I'd
prefer the thriller myself.

In the Bedroom is playing at the Edwards near you at 1:30pm.

What do you think?

Mandi


Attached is Enron's third quarter earnings press release, which was released today.


Loraine sent an allocation for fuel that is not scheduled.   Her schedule has
fuel on days where there was no flow:
Day fuel
5 40
8 15
9 14

Can you let me know if we need to book fuel on this contract and what needs
to be done on days where we have no flow?

We called Loraine and she told us to contact you since you are aware of this.

Thanks


I would like to participate in this focus group, however, I will be returning
from Austin on Friday morning following the Enron scholarship dinner the
night before.  I am scheduled to land at Hobby at 8:45 am.  It is unlikely
that I will be in the Enron Building before about 9:15, and I am scheduled to
go into a meeting at 9:30 that involves a number of players and would be
difficult to reschedule.  If your responses from participants for the Friday
session is thin, and you schedule another time, please let me know.

I have been out of the office on business for the last several days
(recruiting at UT yesterday) and returned mid-morning today to a full
schedule.  I am just now reading your e:mail and therefore could not respond
by noon today as you had asked.  --Sally

Charlene Jackson@ENRON
08/31/2000 11:49 AM
Sent by: Karen Davis@ENRON
To: Sally Beck/HOU/ECT@ECT
cc:
Subject: Focus Group Invitation - PRC Representatives

Sally,

The Associate & Analyst Programs are conducting Focus Group Sessions to
gather feedback regarding the Mid-Year 2000 PRC Process.  You have been
identified as a participant in the PRC Representative session. Organizational
Development Consultants from Corporate Human Resources will facilitate the
sessions.  We encourage your participation and welcome your feedback as we
prepare for the year-end performance assessment process.  The logistics are
as follows:

Friday, September 8, 2000
9:00am - 10:30am
Location - EB32C2

Please RSVP to Constance Charles at 3-5614 or by email no later than
Wednesday, September 6th at 12:00 noon.  Refreshments will be provided.

I look forward to receiving your feedback.

Thank you,
Charlene Jackson


---------------------- Forwarded by Rosalee Fleming/Corp/Enron on 12/13/2000
05:59 PM ---------------------------

Kathy Mayfield
12/13/2000 05:02 PM

To: Rosalee Fleming/Corp/Enron@ENRON
cc:
Subject: Thank you for the Charitygift

---------------------- Forwarded by Kathy Mayfield/Corp/Enron on 12/13/2000
04:38 PM ---------------------------

bill_morgan@kindermorgan.com on 12/13/2000 04:34:58 PM
To: kathy.mayfield@enron.com
cc:

Subject: Thank you for the Charitygift

Thank you for the Charity Gift Card.  I decided to donate the gift to the
Depelchin Children's Center.


Attached are our power point slides laying out the time line for FERC
action.  The estimated time frames for FERC action, even without a
settlement, are somewhat more positive than we discussed yesterday (e.g.,
FERC order on the merits after a technical conference by mid-February).
Also, the group is somewhat optimistic that the FERC order in November could
be an order on the merits, without additional proceedings such as a technical
conference or a hearing.  These optimistic time tables are based on the
assumption that Sierra will not take any action that will alienate or annoy
FERC, which could result in a slowdown in FERC's approval process.

Adam Wenner, Steve Angle, Sam Behrends, Joanne Rutkowski and I all discussed
the various time frames that are laid out in the slides, but they have not
seen the slides, so we would like to reserve the right to amend the slides
once everyone has a chance to review them.  Also, as we discussed yesterday,
we would like to be able to revise the slides, if necessary, tomorrow once we
get FERC's agenda for its November 8 meeting and we see what action FERC
takes in the California investigation on price spikes this past summer.

Please let me know if you have any questions or comments.

Sarah


During the IEP Board meeting today, the Board  decided to convene a second
IEP Board meeting on December 19, 2000 beginning at  10:00.? The meeting will
be held at the offices of IEP.? The purpose  of the meeting will be to
discuss IEP organizatoinal matters, including staffing  and committee
structures.


Attached are Media Clips regarding the Blockbuster announcement:

Norman Levine
Manager, Enron Broadband Services
713-853-5010
norman_levine@enron.net


Will check on them!

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


The rescheduled All Faculty Meeting will be held:

Monday, December 3, 2001
9:30 a.m. to 10:30 a.m.
Room 124

An agenda and minutes of the last meeting will be placed in your box prior
to the meeting.

Thank you.

Patsy Barker
Executive Assistant to the Dean
Jones Graduate School of Management
Rice University
6100 Main Street, MS-531
Houston, Texas 77005
Tel:  713.348.4838
Fax: 713.348.5110
barker@rice.edu


Confidential -- For Settlement Purposes Subject to CPUC Rule 51
ALL:

A reminder that we are still hoping to have an initial Gas Accord II
Settlement Proposal to you by Wednesday, December 20, 2000, and the we have
canceled our proposed meeting scheduled for December 13th and 14th.
However, we also must focus on the current short-term gas and electric
market situation, as we are sure you are.  Our next meeting is still
scheduled for January 10 and 11, 2001, to present our proposal and to
receive feedback from you.

As to issues, attached are two items.  One is our current version of the
issues list, and the other is a position paper provided by the Indicated
Producers.

Again, thank you for your participation in the Gas Accord II Settlement
Process.  We look forward to providing you with our initial proposal and to
our subsequent settlement discussions.  Please feel free to call us if you
have questions or concerns.

Frank Lindh    Ray Williams
415-973-2776    415-973-3634
frl3@pge.com    rdw0@pge.com

 <<Issues List From Parties 11-27-00.doc>>  <<Indicated Producers GAII
Proposal.doc>>

 - Issues List From Parties 11-27-00.doc
 - Indicated Producers GAII Proposal.doc


SIVY ON STOCKS from CNNmoney.com
October 19, 2001

******************[ A D V E R T I S E M E N T ]****************
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****************************************************************

Shattered glass

Reflections from the Corning debacle.

By Michael Sivy

NEW YORK (CNNmoney) - I receive e-mails from time to time taking me to task
because stocks that I like have gone down. Not surprisingly, these e-mails
have become more frequent in the past six months as the bear market has
worsened. But not all stock market disappointments can be fully explained
by the recession. Some stock disasters are genuinely shocking and seem to
violate all the principles that usually keep investors out of serious
trouble. Such cases are worth special consideration and analysis.

There is no stock that has surprised me more over the past year than
Corning, the world's leading maker of fiber optic cable. Had you told me a
year ago that Corning (GLW: down $0.12 to $7.90, Research, Estimates)  was
going to drop from more than $100 a share to less than $8 today, I would
have said that was practically impossible. And yet it happened.

The fundamental case for Corning seems unassailable. The former maker of
high-performance glass discovered that the company's expertise could be
much more profitably employed in high-tech than in making ovenproof
cookware. The burgeoning telecom market had a seemingly endless appetite
for fiber optic cable. And Corning quickly became the world's biggest
producer with 40 percent of the market. Moreover, the company not only was
the big-volume producer but was also the leader in the most-profitable
cutting-edge fiber optics.

Then came the problems

Only trouble was that telecom companies became so overconfident in the late
1990s that they laid far more cable than they actually needed. In fact,
there will be excess capacity for at least another 12 months. Needless to
say, few customers are going to order a lot of cable from Corning in the
interim. So sales volume in some product lines is down more than 50 percent.

In its third-quarter report, released after the market closed on Thursday,
Corning announced a 74 percent drop in operating earnings to 9 cents a
share. And that was the good news. Aftertax restructuring costs for the
quarter were $222 million. More restructuring charges are still to come.
The fourth quarter will likely result in an operating loss of at least 20
cents a share. And Corning's chief fiber optic cable plants will be idled
for at least two months.

At this point, there are three questions that need to be answered. Where
does Corning go from here? Is there any point at which it would be a
contrarian buy? And finally, is there anything to be learned from the
situation?

If I owned individual tech stocks rather than indexes, I would have owned
Corning, I would have held it throughout the decline -- and I certainly
wouldn't sell it here. The company remains the dominant player in fiber
optic cable. And for all the cable that has been laid, there is still 10
times as much left to do. Moreover, when the wiring starts again, Corning
will profit from being the technological leader with the best high-margin
products.

On the negative side, Corning is spending somewhere in the neighborhood of
$1 billion on restructuring. Less than half of that is in cash and Corning
has more than $1.5 billion on hand, so serious financial problems are
unlikely. But they are possible if business deteriorates far more than
anyone expects. At this point, I would treat Corning stock like an option.
The upside is enormous -- three or four times the current price in a couple
of years. But the risk is much greater than usual for a stock of Corning's
quality.

The most basic truth to be learned from the Corning story is that your
reasoning can be impeccable and you can still lose your shirt on a stock.
Corning seemed to have everything going for it -- leadership and
technological dominance in a market with a very high core growth rate and
an exemplary balance sheet. Corning is the poster child for
diversification. The goal is not so much guarding against obvious risks,
but rather guarding against risks that can't happen -- but do.

Two final thoughts. Corning traded as high as 91 P/E last year, and market
historians will tell you that as a rule no company sustains a P/E of more
than 50 for any length of time. There's just not enough good news in the
world for that. Finally, one-product companies -- no matter how brilliant
that product may be -- always carry special risks. In the short run at
least, the market for Corning's fiber has turned out to be an optical
illusion.

###

Read all of Michael's columns at:
http://money.cnn.com/markets/sivy/

To subscribe or unsubscribe to Sivy on Stocks, go to:
http://money.cnn.com/email/

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We may, from time to time, contact you with offers for Time Inc.
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If you would prefer us not to contact you in this manner, AND
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continental.com Specials for john arnold
Tuesday, December 25, 2001
****************************************

EUROPE FARE SALE

Shopping Spree in Milan...History lesson in Rome. Design your own dream vacation now while exciting European destinations are on sale. Hurry, seats are limited for this special online offer.

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****************************************
TABLE OF CONTENTS
1. This Week's Destinations
2. Hilton Hotels & Resorts, Doubletree Hotels & Resorts, & Embassy Suites Hotels Offers
3. Westin Hotels & Resorts, Sheraton Hotels & Resorts, Four Points by Sheraton, St. Regis, The Luxury Collection and W Hotels Offers
4. Alamo Rent A Car Offers
5. National Car Rental Offers

****************************************
1. THIS WEEK'S DESTINATIONS

Depart Saturday, December 29 and return on either Monday, December 31 or Tuesday, January 1, 2002. Please see the Terms and Conditions listed at the end of this e-mail.

For OnePass members, here are special opportunities to redeem miles for travel to the following destinations. As an additional benefit, OnePass Elite members can travel using the miles below as the only payment necessary. The following are this week's OnePass continental.com Specials.

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The following rates are available December 29 - December 31, 2001 and are priced per night.
--------------------------------------
Cleveland, OH - Hilton Garden Inn Cleveland Airport - $109
Cleveland, OH - Hilton Cleveland East/Beachwood, Beachwood, OH - $109
Cleveland, OH - Embassy Suites Hotel Cleveland-Downtown - $99

Houston, TX - Hilton Houston Westchase and Towers - $65
Houston, TX - Hilton Houston Hobby Airport - $79

Lafayette, LA - Hilton Lafayette and Towers - $69

Newark, NJ - Hilton Pearl River, Pearl River, NY - $85/Night, 12/29-30
Newark, NJ - Hilton Parsippany, Parsippany, NJ - $109
Newark, NJ - Hilton Fort Lee at the George Washington Bridge, Fort Lee, NJ - $169
Newark, NJ - Hilton Rye Town, Rye Brook, NY - $119
Newark, NJ - Hilton Woodcliff Lake, Woodcliff Lake, NJ - $99/Night, 12/29 - 30
Newark, NJ - Hilton Newark Gateway, Newark, NJ - $169
Newark, NJ - Doubletree Club Suites Jersey City, Jersey City, NJ - $129

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Special rates apply only for the dates listed at each hotel and are subject to availability. Check hilton.com for specific dates at each Hilton Family Hotel. Or call at 1-800-774-1500 and ask for Value Rates. Restrictions apply to these rates.

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Rates listed below are valid on intermediate class vehicles at airport locations only. Other car types may be available. Rates are valid for rentals on Saturday, December 29 with returns Monday, December 31 or Tuesday, January 1, 2002.
------------------------------------------
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$23 a day in:  Greenville, Spartanburg, SC (GSP)
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$29 a day in:  Lafayette, LA (LFT)
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EEI (Edison Electric Institute) meeting about new universal contract


----- Forwarded by Tana Jones/HOU/ECT on 01/16/2001 09:29 AM -----

	Walter Guidroz@ENRON
	01/13/2001 10:02 AM

		 To: Camille Gerard/Corp/Enron@ENRON, Mary G Gosnell/HOU/ECT@ECT, Samuel
Schott/HOU/ECT@ECT, Adnan Patel/Corp/Enron@ENRON, Tanya Rohauer/HOU/ECT@ECT,
Paul Radous/Corp/Enron@ENRON, Tom Moran/HOU/ECT@ECT, Bradley
Diebner/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT, Frank
L Davis/HOU/ECT@ECT
		 cc:
		 Subject: ClickPaper approvals, 1-12-01

Attached are ClickPaper approvals for January 12, 2001.


I wanted to reply, even though I have called recently.  Work has slowed down
a little bit, but will probably pick up in a week or two.  I have traded
calls with Kara the past two days, so I haven't talked to her in some time.
Anyway, I hope your figuring out where we should go for a trip this sping.
We will have to know whether Megan and I need to work on our golf games or
not.  We have been thinking maybe you guys are thinking about going to
Ireland or England to play some of the old courses of this world.  Or maybe
you have been thinking about going to Paris to visit the city of love.
Anyway, these are just some of the thinks we have been thinking about.  Talk
to you soon.
Love
Ben


Attached is the latest draft of the Purchase and Sale Agreement, in both Word
Perfect and PDF formats.  It still does not cover a number of items several
of us have discussed, including certain insurance matters.  These items are
part of an ongoing list of issues.  That list also includes the practical
applicability of the infamous Section 5.07(b).

The Disclosure Schedules remain critical.  Please continue to review both the
parent disclosures and the regional disclosures for gaps, inconsistencies,
and duplications.  For example, while Corp. Risk Management is scheduling the
various insurance handled by it, that group is not aware of insurance
obtained at the local level.  Those policies at the regional level need to be
listed, as well as checked to confirm that they are not implicated by a
change of control.  The parent level policies have been reviewed for change
of control implications.  Also, please confirm that the schedules include all
claims against the involved entities; for example, there appear to be many
claims made under the various insurance policies that have not yet become a
litigation matter.

Timing of the deal could soon become quite ugly.  Thanks for all of the
help.  Lance.

 - Houston_290706_1.WPD
 - Houston_296564_1.WPD

 - PSA.8.11.00.pdf
 - CMP.PSA.8.11.00.pdf


Please locate Jody Pierce's fax number, and send it to Peter.

Thanks,

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 01/10/2001 03:48
PM ---------------------------

"Thompson, Peter J." <peterthompson@akllp.com> on 01/10/2001 03:09:55 PM
To: <Kay.Mann@enron.com>
cc:

Subject: RE: invoice information/TurboPark

What is Jody's fax #?

-----Original Message-----
From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com]
Sent: Wednesday, January 10, 2001 3:29 PM
To: Thompson, Peter J.
Subject: RE: invoice information/TurboPark

---------------------- Forwarded by Kay Mann/Corp/Enron on 01/10/2001
02:29
PM ---------------------------

Kay Mann
01/10/2001 01:56 PM

To:   michael.barnas@ps.ge.com
cc:

Subject:  RE: invoice information/TurboPark

---------------------- Forwarded by Kay Mann/Corp/Enron on 01/10/2001
01:55
PM ---------------------------

Kay Mann
01/10/2001 01:51 PM

To:   stephen.swift@ps.ge.com, mike.barnas@ps.ge.com
cc:

Subject:  RE: invoice information/TurboPark

Viola!
---------------------- Forwarded by Kay Mann/Corp/Enron on 01/10/2001
01:50
PM ---------------------------

Kay Mann
01/03/2001 11:18 AM

To:   lee.johnson@ss.ps.ge.com
cc:

Subject:  RE: invoice information/TurboPark  (Document link: Kay Mann)

Lee,

The best way to go about it would be to send the invoice to Jody, but
copy
the Enron project folks you have been dealing with.

Are we ready to sign the Fountain Valley contract?  I would think that
we
could sign the change order at the same time, and payment terms can be
whatever the Enron project team has bought in to.  The banks won't care.

Have you seen sig pages for ESA yet?

Kay

lee.johnson@ss.ps.ge.com on 01/03/2001 09:00:30 AM

To:   Kay.Mann@enron.com
cc:

Subject:  RE: invoice information/TurboPark

Kay,

Please confirm that this will be the invoicing address for the 6 units
bound
for Fountain Valley Project and 4 units pegged to LV Cogen Expansion.
Also,
we've still got a change order needed for Fountain Valley for the 6
Power
System Stabilizers and 2 Exhaust Stacks.  LV is also saying they will
need
4
Power System Stabilizers, but haven't confirmed their order.

Thanks,

Lee

-----Original Message-----
From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com]
Sent: Tuesday, January 02, 2001 6:06 PM
To: lee.johnson@ss.ps.ge.com
Subject: invoice information/TurboPark

E-Next Generation LLC
Mr. Jody Pierce
1400 Smith, EB 2480
Houston, Tx 77002


if i try to think about one more thing, my head will explode.

	Nancy Sellers <Nancy.Sellers@RobertMondavi.com>
	03/15/2001 11:10 AM

		 To: "'Jeff.Dasovich@enron.com'" <Jeff.Dasovich@enron.com>
		 cc:
		 Subject: RE: Picks

what are  you afraid of losing $10!!
-----Original Message-----
From: Jeff.Dasovich@enron.com [mailto:Jeff.Dasovich@enron.com]
Sent: Thursday, March 15, 2001 8:39 AM
To: Nancy Sellers
Subject: Re: Picks

thanks.  it's too complicated for such a simple mind.  i'm gonna take a
pass.  how's things?

                    Nancy
Sellers
                    <Nancy.Sellers@RobertMo        To:     "'Marc Auble'"
<MVA108@aol.com>, "'Glenn
                    ndavi.com>                     Auble'" <GAUB@aol.com>,
"'Bobbi Auble'"
                                                   <BRAUB5@aol.com>, "'Eldon
Sellers'"
                    03/15/2001 10:40 AM            <Eldon@interx.net>,
Cameron
                                                   <cameron@perfect.com>,
Jeff Dasovich
                                                   <Jeff_Dasovich@enron.com>,
"Prentice @ Berkeley"

<PSellers@haas.berkeley.edu>, Prentice Sellers
                                                   <PSellers@pacbell.net>,
Scott Laughlin

<scottwl@hotmail.com>

cc:
                                                   Subject:
Picks

get your picks in for the first round by 9:30 our time

Nancy
(707) 251-4870 (phone)
(707) 265-5446 (fax)
"Plus je bois, mieux je chante"


Hey, Man.  Can you fix the schedule so that I can play somebody this week?

D


Becky,

We proably need to meet for a few minutes to explain the way
I estimated charges.

Vince

Becky Pham
01/16/2001 01:47 PM
To: Shirley Crenshaw/HOU/ECT@ECT
cc: Vince J Kaminski/HOU/ECT@ECT
Subject: Allocation schedule

Shirley,

Will you check with Vince on the support schedule for me?  I need to get the
support to the BUs in order to get them to agree on the 2001 billing.  If you
have any questions, call me.  Thanx.
---------------------- Forwarded by Becky Pham/HOU/ECT on 01/16/2001 01:49 PM
---------------------------

Becky Pham
01/02/2001 11:12 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Allocation schedule

We spoke prior to the holiday and you were working on a list on support names
and projects that Research is working on for various BUs.  Can you tell me
how you are doing on that?  Sarah Brown, my manager, had a meeting with Corp
and they are disputing the billing we are proposing to bill to them ($1.9M).
Their argument is that they are going to bill ENA back anyway; therefore,
they have agreed to take 40% of the amount we intented to bill them in 2001,
which is approximately $760K.  If you have any questions, please call.  Thanx.


June 7, 2001
Notice No. 01-191

TO:
ALL NYMEX DIVISION MEMBERS
ALL NYMEX DIVISION CLEARING MEMBERS / MEMBER FIRMS

FROM:
NEAL WOLKOFF, EXECUTIVE VICE PRESIDENT

RE:
EXCHANGE TO SUBSTITUTE POSITION ACCOUNTABILITY REQUIREMENTS FOR POSITION
LIMIT RULES

The board of directors of the New York Mercantile Exchange, Inc., has
approved substituting position accountability requirements for the current
position limits on all but the last three trading days of its crude oil,
heating oil, unleaded gasoline, and natural gas contracts, beginning with the
Friday, June 15, trading session.

For the last three days of trading in a particular delivery month, each of
those contracts would continue to have a position limit of 1,000 lots.

The current net position limits levels will be reflected in the
accountability levels. These are:

   Any one month         All months
Crude oil  10,000   20,000
Unleaded gasoline 5,000   7,000
Heating oil  5,000   7,000
Natural gas  7,000   12,000

Any market participant with positions exceeding these levels may be contacted
by the Exchange with inquiries regarding the participant's hedging
requirements or financial condition. The Exchange would reserve the right to
require that the position be reduced or capped.

There will no longer be any gross limits on the number of positions that can
be held, as long as they are offset by positions on the opposite side of the
market (example: a participant with 10,000 long positions in September,
October, and November crude oil futures and 10,000 short positions for
December and January would be considered to have a net position of 10,000
contracts).

These new rules are also intended to apply to the Brent crude oil futures
contract, planned for launch this summer. The board has also approved a
minimum reporting level of 100 lots for that contract.

These rules, which closely resemble those in place for metals traded on the
COMEX Division, must be approved by the Commodity Futures Trading Commission
prior to implementation.

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

"http://208.206.41.61/email/email_log.cfm?useremail=mark.taylor@enron.com&refd
oc=(01-191)"

Note: If you click on the above line and nothing happens, please copy
the text between the quotes, open your internet browser,
paste it into the web site address and press Return.


Guys, need your 2000 acoomplishments before Friday.

Regards
Delainey


LOSER

 -----Original Message-----
From: 	Lavorato, John
Sent:	Monday, October 08, 2001 4:14 PM
To:	Arnold, John
Subject:

stl -14  200

stl det over 49.5 200


The report named: Power West Price Off-Peak <http://erv.corp.enron.com/linkFromExcel.asp?report_cd=31&report_name=Power+West+Price+Off-Peak&category_cd=6&category_name=WEST&toc_hide=1&sTV1=6&TV1Exp=Y&current_efct_date=10/18/2001>, published as of 10/18/2001 is now available for viewing on the website.


Here is the final memo.  FYI
----- Forwarded by Brent Hendry/NA/Enron on 01/22/2001 07:56 AM -----

	"JOHN McGREEVY" <JMCGREEV@LLGM.COM>
	01/21/2001 03:33 PM

		 To: <BRAD.blesie@enron.com>, <BRENT.hendry@enron.com>,
<DAVID.hoog@enron.com>, <Joana.Ryan.Bekerman@enron.com>,
<LOU.Stoler@enron.com>
		 cc: "PAUL BRUCE WRIGHT" <PWRIGHT@LLGM.COM>
		 Subject: Updated Memo

Attached are clean and blacklined versions of the updated "Is the Option
Insurance Memo".    I think we get you where you need to be.  Also,  we have,
for the most part, done away with the "what index shall we use when there is
no hourly published index" issue.

John

This e-mail, including attachments, contains information that is confidential
and it may be protected by the attorney/client or other privileges.  This
e-mail, including attachments, constitutes non-public information intended to
be conveyed only to the designated recipient(s).  If you are not an intended
recipient, please delete this e-mail, including attachments, and notify me by
return mail, e-mail or at (212) 424-8361.  The unauthorized use,
dissemination, distribution or reproduction of this e-mail, including
attachments, is prohibited and may be unlawful.

John J. McGreevy
LeBoeuf, Lamb, Greene & MacRae, L.L.P.
125 West 55th Street
New York, NY 10019
(212) 424-8361
jmcgreev@llgm.com

 - #389651 vRTF - Knock In Call Option Memo.rtf
 - #389651 v3 - Knock In Call Option Memo.doc
 - JOHN McGREEVY.vcf


Palo Verde is ramping down and is now at 74% of full capacity


It was very small and petty of me, but I couldn't resist.  Start with the
last message and work your way up to get the full story.

Good luck studying,
Susan

---------------------- Forwarded by Susan M Scott/HOU/ECT on 11/27/2000 02:20
PM ---------------------------

Susan M Scott
11/27/2000 01:54 PM
To: Ted Noble/HOU/ECT@ECT
cc:
Subject: Re: Hind-sight's 20/20

Although, as a women, "cojones" aren't necessarily the best attribute to
have...there never has been, nor will there ever be a question of my
possessing them - even you would have to concede that much.  As for the bet,
if I recall correctly (and I always do) someone once said they had a little
bit of a "problem" gambling and I could not in good conscious have acted as
an enabler.  And, a true fan (longhorn or not) is there through the good
times and the bad and believe me I been there through it all (a degrading
loss to your alma mater, as well as an unbelievably beautiful victory over
Nebraska) always managing to stick it out no matter how bleak things got.
Speaking of which it must sting being beat by the last place team in your
conference...but I'm sure the Pac-10's record against non-conference
opponents is really helping to ease that blow.  Speaking of feather's in the
conference cap, looks like our next national champion is going to be from the
Big 12 - will wonders never cease.

My Monday is going great, thank you very much and I will show extreme
restraint and refrain from any Chips comments ( Besides, I don't have time to
type that much ).  UCLA could stand a chance next year if the NFL doesn't
prove too tempting to some of your vets...how does that saying go,  "Like
rats fleeing a sinking ship?"

Ted Noble
11/27/2000 01:18 PM
To: Susan M Scott/HOU/ECT@ECT
cc:
Subject: Re: Hind-sight's 20/20

This email would have been impressive if you had the "cojones" to bet
up-front but being a true longhorn fan explains your lack of spine.  I don't
think Texas is that good rather A&M is that bad.  Besides, we all know that
the Pac-10 had the best record against non-conference opponents.  UCLA will
dominate next year and Texas will be forced to play second fiddle to the
likes of Oklahoma, Nebraska, Kansas State etc.  yet again.  I hope your
Thanksgiving went well and you had some fun in Austin.  I will give you
credit on one thing, the vest is a no-no and my days of playing Chip are over
(the vest is being given to an aggie - those cult like people).  No old age
references to the show Chips because that would just be mean.  I hope your
Monday is going well.

ps: I was rooting for the Longhorns and I am glad they waxed the Aggies.

Susan M Scott
11/27/2000 11:42 AM
To: Ted Noble/HOU/ECT@ECT
cc:
Subject: Hind-sight's 20/20

Well, given the impressive results of Friday's game, I suppose I should've
taken the bet...I mean I knew we were good, but I didn't realize we were THAT
good.  Watching the game I couldn't help but remember some comments made not
too long ago about this being a building season and that the Horns would be a
force to be reckoned with come the next two seasons - - I love it when I'm
right.  With an increasingly more confident sophomore quarterback leading the
charge and three (count them three) very mature freshman receivers all eager
to make big plays, not to mention last year's top quarterback recruit Chance
Mock serving as a back-up, next season promises to be something to watch.  My
condolences on your prospects not looking quite as bright .

Hope you had a nice Thanksgiving and good luck helping all of your Aggie
co-workers through this trying time.

Susan

(Oh and Chip, I'd store the Gig'em sweater-vest away for the next 360 days or
so if you want to avoid any post-game ridicule...in a round about way you are
an "Ag" man now.)


Carol St. Clair
EB 3892
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com
----- Forwarded by Carol St Clair/HOU/ECT on 06/30/2000 10:09 AM -----

	Susan Bailey
	06/30/2000 09:10 AM

		 To: Carol St Clair/HOU/ECT@ECT
		 cc:
		 Subject: ENA Financial Trading Forms

Carol,

Attached is a list of the current forms used by ENA.  The list also includes
where the form can be located.

Let me know if additional forms should be included.

Susan S. Bailey
Enron North America Corp.
1400 Smith Street, Suite 3806A
Houston, Texas 77002
Phone: (713) 853-4737
Fax: (713) 646-3490
E:mail:  Susan.Bailey@enron.com


Hello,

Here are the speaking points and agenda for the meeting today.  Each person
speaking has received a copy.  Please let me know if you have any questions,
MSA


----- Forwarded by Richard B Sanders/HOU/ECT on 02/04/2001 10:01 AM -----

	Richard B Sanders
	12/27/2000 02:43 PM

		 To: Richard B Sanders/HOU/ECT@ECT
		 cc:
		 Subject: Re: Ice Drilling

----- Forwarded by Richard B Sanders/HOU/ECT on 12/27/2000 02:47 PM -----

	John Enerson
	11/15/2000 02:42 PM

		 To: Lisa King/HOU/ECT@ECT
		 cc: Richard B Sanders/HOU/ECT@ECT
		 Subject: Re: Ice Drilling

Lisa - The attached schedule calculates interest on overdue interest at the
9.9% rate.  This is fine except that I do not know if we are able to charge
interest on overdue interest.  That is Richard Sanders call - Richard, please
let us know.  If we can charge interest on interest, this schedule is fine.
Otherwise, we will have to recalculate using simple interest.

Lisa King
11/15/2000 02:19 PM
To: John Enerson/HOU/ECT@ECT
cc:
Subject: Ice Drilling

John-

Attached is the schedule that we had at Monday's meeting which has been
updated through 10/31/00.   After looking more closely at the schedule and
the way it is calculating interest, it appears that interest is being
compounded.  The estimate that we had used in Monday's meeting was simple
interest for one year calculated on the sum of $1,061,300.90 and $264,452.89
(October 1999 values) which equated to roughly $131,246.65.  However,  based
on the schedule's calculation, I believe the total interest and principal due
is $1,171,585.67.  Please look over this schedule and see if you agree with
my thinking.

Thank you,
Lisa


shoot, we're going to see Tom and Karen on Saturday.

	Nancy Sellers <Nancy.Sellers@RobertMondavi.com>
	05/10/2001 10:26 AM

		 To: "'Jeff Dasovich'" <Jeff_Dasovich@enron.com>, "Prentice @ Berkeley"
<PSellers@haas.berkeley.edu>, Prentice Sellers <PSellers@pacbell.net>
		 cc:
		 Subject: Forgot

Dad is playing in a concert Saturday night - would you like to go?

Nancy
(707) 251-4870 (phone)
(707) 265-5446 (fax)
"Plus je bois, mieux je chante"


Thanks for your help.  This sounds like a good fit for us.  The only issues I
have or need addressed is for this file to have the same name and have the
curves in the same cells so that we can just link to the file in our curve
file.  The other concern is that the data be there by 2:30 p.m.
everyday(prices for the next gas day).  Thanks so much for your help.
PL


fyi

 -----Original Message-----
From:  Scott, Susan
Sent: Tuesday, April 10, 2001 10:42 AM
To: Fawcett, Jeffery
Subject: FW:

 -----Original Message-----
From:  "Gwen Soong" <igsinc@ix.netcom.com>@ENRON
[mailto:IMCEANOTES-+22Gwen+20Soong+22+20+3Cigsinc+40ix+2Enetcom+2Ecom+3E+40ENR
ON@ENRON.com]
Sent: Monday, April 09, 2001 1:47 PM
To: Jeff Dasovich; Jeff Fawcett; Susan Scott
Subject:

1:00 or 1:30 p.m. today is fine for a conference call.

Mark

 - Outline for April 17th handouts.doc


Eric,

I got it - thank you for looking into it for me.

kc
---------------------- Forwarded by Karla Compean/HOU/ECT on 02/02/2001 01:13
PM ---------------------------

brian_jordan@mcgraw-hill.com on 02/02/2001 11:24:30 AM
To: kcompea@enron.com
cc:
Subject: nov 20 pmw Attachment is free from viruses. ScanMail

(See attached file: pmw1120.pdf)

 - pmw1120.pdf


Here are the PMA's for December.

Tiffany Miller
5-8485


Errol,

We reserved a table at Saba Blue Water Cafe, 416 Main Street.  Beginning at 6:00 PM

Please pass this on to your guys.

Thanks!
Ina Rangel


Just in case
Hope all is well
----- Forwarded by Elizabeth Sager/HOU/ECT on 10/17/2000 11:40 AM -----

	Richard B Sanders
	10/17/2000 09:31 AM

		 To: Elizabeth Sager/HOU/ECT@ECT
		 cc:
		 Subject: Enron Mentions

----- Forwarded by Richard B Sanders/HOU/ECT on 10/17/2000 09:31 AM -----

	Eric Thode@ENRON
	10/17/2000 08:43 AM

		 To: Richard B Sanders/HOU/ECT@ECT
		 cc:
		 Subject: Enron Mentions

The last article...

---------------------- Forwarded by Eric Thode/Corp/Enron on 10/17/2000 08:43
AM ---------------------------

Karen Denne
10/17/2000 07:15 AM
To: Eric Thode/Corp/Enron@ENRON
cc:

Subject: Enron Mentions

fyi, TVA article... are you the spokesman?
---------------------- Forwarded by Karen Denne/Corp/Enron on 10/17/2000
07:17 AM ---------------------------

	From:  Ann M Schmidt                           10/17/2000 07:11 AM

To: Mark Palmer/Corp/Enron@ENRON, Karen Denne/Corp/Enron@ENRON, Meredith
Philipp/Corp/Enron@ENRON, Steven J Kean/NA/Enron@Enron, Mary
Clark/Corp/Enron@ENRON, Laura Schwartz/Corp/Enron@Enron, Elizabeth
Linnell/NA/Enron@Enron
cc:

Subject: Enron Mentions

Enron's Third-Quarter Profit Rises 31 Percent as Sales Surge
10/17/0 7:36 (New York)

Enron's Third-Quarter Profit Rises 31 Percent as Sales Surge

     Houston, Oct. 17 (Bloomberg) -- Enron Corp., the world's
largest energy trader, said third-earnings rose 31 percent as
revenue more than doubled.
     Net income rose to $292 million, or 34 cents a share, from
profit from operations of $223 million, or 27 cents, in the year-
earlier quarter. Enron was expected to earn 32 cents a share, the
average estimate of analysts polled by First Call/Thomson
Financial. Revenue rose to $30 billion from $11.84 billion.
     Revenue from Enron's wholesale energy operations and services
unit, which consists of marketing energy commodities and investing
in energy-related assets, more than doubled to $28.2 billion from
$11.1 billion. Revenue from its retail energy services business
almost tripled to $1.48 billion from $542 million.
     In the year-earlier quarter, a gain of $345 million, or
44 cents a share, and a charge of $278 million, or 36 cents, made
net income $290 million, or 35 cents.
     Shares in the Houston-based company rose 50 cents to $80
yesterday. They've risen 80 percent this year.

--Per H. Jebsen in the New York newsroom (212) 893-3368, or
pjebsen@bloomberg.net, through the Princeton newsroom (609) 279-
4000/als

Story illustration: To see the breakdown of Enron's annual sales,
see {ENE US <Equity> DES6 <GO>}.

USA: Enron earnings rise 31 percent, beat expectations.

10/17/2000
Reuters English News Service
(C) Reuters Limited 2000.

HOUSTON, Oct 17 (Reuters) - Enron Corp., North America's biggest buyer and
seller of electricity and natural gas, said on Tuesday its third-quarter
earnings rose 31 percent, beating Wall Street's expectations as online
trading helped drive strong growth at its wholesale energy operations.
Recurring net income rose to $292 million or 34 cents per share from $223
million or 27 cents in the third quarter of 1999. Wall Street analysts had
expected earnings of 32 cents a share, according to First Call/Thomson
Financial.
"Our wholesale and retail energy businesses have achieved record-setting
levels of physical deliveries, contract originations and profitability," said
Chairman and CEO Ken Lay.
"We operate in some of the largest and fastest growing markets in the world,
and we are very optimistic about the continued strong outlook for our
company," Lay added.
Enron, which has recently branched out beyond energy into fields such as
broadband telecommunications and metals trading, said third-quarter revenues
rose 154 percent to $30 billion compared with the same period of 1999. The
company's stock has risen some 80 percent so far this year.

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

Oct. 16, 2000, 10:35PM
Arena-backers promote plan to group of Hispanic leaders
By JANETTE RODRIGUES
Copyright 2000 Houston Chronicle
Pro-arena forces did some direct marketing to the Hispanic community Monday,
pitching the $175 million plan to a grass-roots group of Latino leaders.
More than 150 community activists and leaders, precinct judges and
civic-association members attended an informational meeting and
get-out-the-vote rally for the Nov. 7 arena referendum. The rally was
sponsored by the Let's Build It Together political action committee.
"By having our Hispanic community come out in force for issues like this, it
empowers us," said Celina Garza-Ridge, a Harris County-Houston Sports
Authority director. "It's very important to be able to say the Hispanic
community made a difference, and we are exactly in that position."
George Postolos, the Houston Rockets' chief operating officer, said the team
is actively courting the Hispanic community.
The pro-arena committee, headed by former Reliant Energy Chairman Don Jordan,
and Ken Lay, Enron chairman and chief executive officer, does not want a
repeat of the 1999 referendum.
Voters last November soundly defeated the previous arena proposal. The sports
authority is a governmental body whose members are appointed by the city and
county to oversee and develop sports venues.
The Rockets made a 30-percent participation commitment, similar to the one
made four years ago by the Houston Astros for Enron Field, to fairly share
the new arena's design and construction jobs with minorities and women.
The team also promised to distribute up to $50,000 a year in neighborhood
improvement grants of up to $1,000 each to worthy grass-roots, nonprofit
organizations and civic clubs in inner-city Houston. The new program targets
the Hispanic community, Postolos said.
The new arena plan is being endorsed by a cross-section of Latino leaders,
including City Councilmen John Castillo and Gabriel Vasquez, state Rep. Mario
Gallegos, the Hispanic Chamber of Commerce and others.
Vasquez told meeting attendees that the city, and the Hispanic community, is
getting more tangibles this time around.
He said, "When you consider that our community will get 30 percent
affirmative action, that our youth will be taken care of through youth
outreach programs and our neighborhoods will be taken care of as well, this
is a really good deal for Houston and this is a really good deal for the
Hispanic community."
Mercedes Alejandro, who represents Parents for Public Schools of Houston,
heard the details of the plan for the first time.
"It's good if it creates jobs for the community, and opportunities to rebuild
the community," she said. "We want it to be good for the whole, not the few."
Humberto Barrera, president of the Mexican American Sheriffs Organization,
was critical of Hispanic leaders, not the arena plan.
"I think Hispanic leaders should be more concerned about issues like pay
raises for teachers, health care and public safety, than building arenas for
rich entrepreneurs," Barrera said.
Richard Torres, director and CEO of the Hispanic Chamber of Commerce, told
attendees that the Rockets are committed to doing the right thing.
Sergio Davila, president of the Eastwood Civic Association, brought up the
lack of Latinos in leadership positions on the team's staff. Postolos
acknowledged that the team needs to do better.

TVA Says Enron Breach Of Power Sales Pact Cost $140 Mln
By Bryan Lee

10/16/2000
Dow Jones Energy Service
(Copyright (c) 2000, Dow Jones & Company, Inc.)

OF DOW JONES NEWSWIRES

WASHINGTON -(Dow Jones)- The nation's top two power providers are battling in
a U.S. court over an unexecuted power sales agreement.
The Tennessee Valley Authority (TVA) has filed a claim against the power
marketing unit of Enron Corp. (ENE) alleging breach of a power sales
contract.
TVA cited the alleged breach of contract in documents provided to its
distribution utility customers earlier this month outlining unforeseen
expenses contributing to the government-owned utility's inability to meet its
debt-reduction forecast.
According to the documents, obtained by Dow Jones Newswires, the alleged
breach of contract contributed to a $140 million shortfall during fiscal year
2000.
TVA was initially reluctant to divulge information on the case, which is
under a court protective order.
"A major power provider elected not to perform under the contract," said
David Smith, TVA's chief financial officer, when asked Friday to elaborate on
the line item in the information provided to TVA's distribution utility
customers.
But after consulting with attorneys, Smith revealed that Enron was the
subject of the claim.
TVA alleged breach of contract after Enron sought a declaratory judgment
order from the U.S. District Court in Chattanooga, Tenn., in February,
stemming from a dispute over a long-term sales agreement, an Enron spokesman
said Monday.
In March, TVA filed a counter claim with the court alleging breach of
contract, a TVA spokesman said Monday.
But the two parties declined to discuss the terms of the contract, or to
elaborate further on the dispute, citing the judge's protective order. TVA
said Enron sought the court seal.
The dispute is the latest example of bad blood between the Houston-based
energy giant and TVA, a government-owned utility that ranks among the largest
U.S. power producers.
The relationship deteriorated after the two began squabbling over access to
the lucrative U.S. Midwest power market, which saw extreme price spikes
during hot weather in the summers of 1998 and 1999.
After the summer of 1998 - in which power that typically sells for between
$30 and $50 per megawatt-hour spiked as high as $7,000 per megawatt-hour -
Enron cited a study showing that TVA's power grid represented the only
unconstrained transmission pathways into the Midwest.
TVA experienced an increase in revenues for the period when power prices were
spiking upward.
Enron built gas-fired peaking power plants with an eye toward capitalizing on
the volatility in summer power markets by purchasing transmission access
across TVA's system.
After the summer of 1999 saw a repeat in extreme price volatility, Enron
began complaining that TVA was unfairly denying transmission service by
failing to act in a timely manner in response to transmission service
requests.
A TVA spokesman said the contract dispute was unrelated to the disagreement
over the government utility's handling of transmission-access requests.
But the filing of the court case occurred at the same time Enron went public
with its complaints about TVA's transmission service.
In February, Enron released a letter to Energy Secretary Bill Richardson
asking for the government's help, charging that TVA was unfairly giving its
own power marketer transmission service on a timely basis while Enron's
requests were gathering dust.
Enron later dropped the matter, saying that TVA was processing its
transmission service requests on a timely basis. -By Bryan Lee, Dow Jones
Newswires, 202-862-6647,
bryan.lee@dowjones.com

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


Attached please find a follow up to today's Natural Gas market analysis.

Thanks,

Bob McKinney

 - 10-16-01 Nat Gas intraday update.doc


Won't be able to make it.  Sorry.

-----Original Message-----
From: Geaccone, Tracy
Sent: Wednesday, November 14, 2001 11:50 AM
To: Hayslett, Rod
Subject:

Are you going to join us for lunch?
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)


Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854
----- Forwarded by Susan J Mara/NA/Enron on 07/05/2001 10:21 AM -----

	US Publishing <brice@restructuringtoday.com>
	07/05/2001 05:20 AM
	Please respond to brice

		 To: "RT Reader" <brice@restructuringtoday.com>
		 cc:
		 Subject: Restructuring Today, Thursday July 5, 2001

(see attached file: rt010705.pdf)

Thank you,

Brad Rice
US Publishing Co.
800.486.8201
202.298.8201

 - rt010705.pdf


Hi Susan!

Your name has been mentioned for another UT recruiting opportunity.  Brent
Price and Rick Causey are going up next week and would like to know can you
accompany them.  Please give Brent's assistant Chatelle Villanueva a buzz @
36279 for the details.  Hope you can make it!

Thanks,
Donna
x33175


493986
CTPY is Tractebel - this has been changed

Deal just entered
#494361

Thanks,
Kate

Evelyn Metoyer@ENRON
01/10/2001 02:20 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: 1/10/01 Checkout

Hi Kate,

Mike Swerzbin
ref 493986
Prebon show counterparty as Tractebal instead of Sempra.

Jeff Richter/ Chris Mallory
I am missing the following deal per Prebon:
Enron buys from Merrill Lynch February NP-15 25 mw at $180.00