If you no longer would like to receive email from Kase, please reply with
UNSUBSCRIBE in the subject line

?
? ? ? Kase Logo

Learn Technical Analysis
Two Full Days
 July 17-18, 2001
Early Bird Discount until June 14, 2001
Houston, Texas

www.kaseco.com

Energy Traders, Marketers and Buyers.

This two full day class serves as both an introduction to those new to
technical analysis and a refresher for experienced traders.? Technicals are
taught in a logical, systematic manner        oriented to equip both physical
and paper traders to buy low, sell high and manage risk in the real world in
a logical, methodical manner. ?
In this class you will:

? Ascertain when and how to take profit and cut losses.
? Find out how to set up a strategy by identifying probable market direction
and turns as well as likely targets using chart patterns.
? Learn to use both traditional indicators like moving averages and
stochastics, as well the state-of-the-art methods which won Cynthia Kase the
coveted Market        Technicians Association's "Best of the Best"
award.

?

Content

? Charting Basics, Types of Charts, Support and Resistance
? When to Buy or Sell (Entry Techniques)
? When to Exit Based on Signals (Momentum and Divergence)
? How to Exit Based on Stops (Managing Trade Risk)
? Chart Patterns and Forecasting Basics (Candlesticks, Elliott? Wave, Flags,
etc.)
? Statistical Hedging

?

Registration Fees Include a Copy of Cynthia Kase,s acclaimed book &Trading
with the Odds8
Fees
Location and Hotel
About the Presenters
Who Should Attend
Detailed Agenda and Schedule
Custom Classes

Chart

*** Register Now!***

For more information log on to www.kaseco.com or contact me directly at the
Email or phone numbers shown below.?
Jennifer Smith
Kase and Company, Inc.
jennifersmith@kaseco.com
505-237-1600 voice
505-237-1659 fax

    Early Bird For
July 17-18 is June 14, 2001

[IMAGE]

Early Bird Special:  $845.00
  Two or More Early Bird:  $795.00
Regular: $995.00
Two or More: $895.00

REGISTER NOW!!!

?
Marriott West Loop
1750 West Loop South Houston, TX 77027
1-800-613-3982 Reservations by Phone
1-713-624-1517 Reservations by Fax
Room Rate: $139.00 per night
Please Mention that you are attending the Kase and Company Seminar.
?
Back to Links


Dear Power Outage Database Customer,
Attached you will find an excel document. The outages contained within are forced or rescheduled outages. Your daily delivery will still contain these outages.
In addition to the two excel documents, there is a dbf file that is formatted like your daily deliveries you receive nightly. This will enable you to load the data into your regular database. Any questions please let me know. Thanks.
Greg Elliott
IIR, Inc.
713-783-5147 x 3481
outages@industrialinfo.com
THE INFORMATION CONTAINED IN THIS E-MAIL IS LEGALLY PRIVILEGED AND CONFIDENTIAL INFORMATION INTENDED ONLY FOR THE USE OF THE INDIVIDUAL OR ENTITY NAMED ABOVE.  YOU ARE HEREBY NOTIFIED THAT ANY DISSEMINATION, DISTRIBUTION, OR COPY OF THIS E-MAIL TO UNAUTHORIZED ENTITIES IS STRICTLY PROHIBITED. IF YOU HAVE RECEIVED THIS E-MAIL IN ERROR, PLEASE DELETE IT.
 - OUTAGE.dbf
 - 011602.xls
 - 011602R.xls


The Finance Group is trying to locate some really old "Master Agreements"
done in 1995.  We looked around and we didn't have any masters in place for
the counterparties, but I was thinking maybe they really weren't "Master
Agreements" but our old style confirmations.  The two counterparties were
State Street Bank, as Trustee for Cash I, and Citibank as Agent, for Cash I.
The Agreements were listed in the closing documents as "Interest Rate
Agreement" and "Commodity Swap Agreement".  Can you look around and see if
you have some really old active trades out there for either of those
counterparties...?

So not to confuse you, about 2 or so years ago, we did some deals for State
Street for the Cash VI Project.  The master for Cash VI is  actually is
listed in the Financial Trading Database.

Thanks for your help!


Notice No:  01-87
March 8, 2001

TO:
All Stockholders/Class A Members

FROM:
The Board of Directors

RE:
ANNUAL ELECTION ) TUESDAY, MARCH 20, 2001

This past week you received a NYMEX Holdings, Inc./NYMEX Exchange, Inc.
Ballot for the upcoming election and REFERENDUM vote.  In response to certain
inquiries, the Exchange would like to make several clarifications:

P The Board endorses the REFERENDUM and recommends that you vote &FOR8 the
REFERENDUM.

P Passage of the Referendum will increase the Board by creating three (3)
Equity Member slots.  In essence, you may lease out your last seat and may
sit on the Board if this referendum is passed.

P Passage of the Referendum requires a majority of the eligible votes (at
least 409 &FOR8 votes).

P You must vote on the Referendum as BOTH a Stockholder AND a Class A member
on the Ballot.  If you wish to vote in favor of the Referendum, you must
check &FOR8 in both boxes.

P Only individuals who own or ABC a seat may vote.  Lessees are not eligible
to vote.

P For each membership that you own or ABC, you should have received one (1)
blue Ballot and one (1) Proxy envelope.

P If you own or ABC multiple seats, you must place only one (1) ballot in a
Proxy envelope.  Do not place more than one (1) ballot in one (1) Proxy
envelope.

P You may Fax your Ballots and Proxy Forms to the Office of the Corporate
Secretary up until 4:00 PM on Election Day (March 20th) to (212) 301-4645.
Your name and signature must be included on each Proxy Form.

P If you are not sure that you voted correctly, you may vote again at any
time prior to or on Election Day.  Your last vote is the one that counts.

Voting machines cannot handle multiple votes by multiple seat owners.
Therefore, they will not be available this year.  A table will be set up in
the Members, Lounge on the 3rd Floor on Election Day (March 20th) beginning
at 8:30 a.m. to accept ballots.  If you need further clarification or if you
need replacement Ballots, please contact the Office of the Corporate
Secretary (Donna Talamo at 212-299-2372 or Dawn Lowe at 212-299-2370).

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

"http://208.206.41.61/email/email_log.cfm?useremail=tana.jones@enron.com&refdo
c=(01-87)"

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.


[IMAGE]	[IMAGE]	[IMAGE]
[IMAGE]	Fast Holiday Shopping at  eBay	[IMAGE]
		[IMAGE]

[IMAGE]	?
[IMAGE]

	eBay sent this e-mail to you because your Notification  Preferences indicate
that you want to receive information about  Special Promotions, Offers and
Events. You are subscribed as alewis@enron.com.

	There's no place like eBay to help wrap up your gift  buying in a hurry. If
you haven't yet bid on an item,  just click  here and we'll guide you every
step of the way. You'll  find great new and vintage gifts, plus convenient
personal  services to make holiday shopping easy.

	?

	[IMAGE]

	Buy It Now
	Buy  It Now lets you purchase items instantly so you can  move on to the next
gift on your list. With Buy It Now,  you can buy an item at a seller's
specified price and  immediately end an auction - no bidding and no waiting.

	?
	?
	[IMAGE]

	eBay  Online Payments by Billpoint: Fast and Safe
	Buyers! Tell sellers you want your holiday items FAST  and SAFE! eBay Online
Payments with Billpoint gives you  100%  credit card protection, $1 off all
Visa purchases  PLUS a chance to win  back your holiday purchases!

	?

	[IMAGE]

	eBay Visa Gift Card
	Can't decide on  what gift to buy? The eBay  Visa Gift Card is perfect for
just about anyone on your  list. They'll love the gift of choice - and the
many places to  spend it! It's good on eBay and anywhere Visa  is accepted.

	?

	[IMAGE]

	eBay Gift Alert
	With the eBay Gift  Alert, we'll let your recipient know a gift is on the
way.  That way you can spend time on more important  things - like the next
person you need to shop for!

	?

	[IMAGE]

	Half.com: Free Shipping for Your Holiday Orders!
	First time buyers get FREE shipping on their first item!
	Click here and enter this coupon code at checkout:  SANTA
	Check out the 7th most popular shopping site on the Internet,  with over
	8 million books, CDs, videos, DVDs and so much more!

	Whatever you do to celebrate the season, count on eBay  to help make things
easier.

[IMAGE]	?

	[IMAGE]
[IMAGE]

	To change your communication preferences, click  here. Or, simply reply to
this e-mail with UNSUBSCRIBE in the  subject line. Please note that it may
take up to 5 days to process  your request. Visit our Privacy Policy and User
 Agreement if you have any questions. This e-mail will expire January 31,
2001.

	Copyright , 1995-2000 eBay Inc. All Rights  Reserved.
	Designated trademarks and brands are the property of  their respective
owners. eBay  and the eBay logo are trademarks of eBay Inc.

	?

?


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/26/2001
04:28 PM ---------------------------

Robert Johnston
01/26/2001 03:07 PM
To: John J Lavorato/Corp/Enron, Jeffrey A Shankman/HOU/ECT@ECT
cc: Gary Hickerson/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT, John L
Nowlan/HOU/ECT@ECT, Michael W Bradley/HOU/ECT@ECT, John Greene/LON/ECT@ECT,
Jeff Kinneman/HOU/ECT@ECT, Michelle D Cisneros/HOU/ECT@ECT, Jaime
Gualy/NA/Enron@Enron, James D Steffes/NA/Enron@Enron, Richard
Shapiro/NA/Enron@Enron, Phillip K Allen/HOU/ECT@ECT, Mike
Grigsby/HOU/ECT@ECT, Kristin Walsh/HOU/ECT@ECT, heizenrader@home.com
Subject: California 1/26/01

Executive Summary:

AB18X is the focal legislative point for the proposed bailout plan, but
contains several problems.
Per yesterday's morning report, the bill includes a plan in which the
utilities would issue stock warrants in exchange for financial assistance
from the state.
The bill will be subject to attacks from consumer groups, which will slow its
passage. Timing is crucial because of the February 7th deadline for the FERC
emergency order and the February 13th deadline for debt forbearance.
The bill also contains little detail about costs.  The cost of the bailout
cannot be determined until the final auction results are known and the
utilities reach a deal with Davis with respect to the share of outstanding
debt that must be paid by the parent companies of the utilities.
Sources report that Davis will insist  that at least 43 percent of the
outstanding PG&E/SoCal debt should be absorbed by the parent corporations.

1. AB18X- The "Bailout" Bill

There are a number of key problems with AB18X.

The bill is being presented by its drafters as a "work in progress." The
current bill is likely to be significantly different next week after consumer
groups blast it in committee hearings and in the press.  Also, the fiscal
effect of the bill is listed as "unknown", because the costs of the long-term
contracts being bid upon in the auction are not yet known.  Moreover, the
audit of the utilities and its recommendation for the share of utility debt
to be paid by the state versus the parent companies is not yet finalized (see
below).

The industrial users are unhappy with this bill because they will bear the
burden of the costs.  Approximately 35% of power customers in CA are
residential, and another approximately 10% are commercial or users with
emergency status; this means that half or more of all power customers in CA
will benefit from price controls on their power.  This, in turn, leaves the
large industrial customers footing the bill.  They are saying that this may
result in job losses and may even give them incentive to leave the state.

The State of California is talking about issuing revenue bonds to pay off the
utilities, debt.  There is an important but subtle difference between these
and general obligation bonds, which draw from tax revenues and assets to pay
debt.  Revenue bonds draw from the revenue gained from actually using
something.  For example, a stadium developer might issue revenue bonds to pay
for a new stadium, then make revenue from the team that uses the stadium.
How will that work in the case of the utilities?  There is no guarantee that
there will be positive revenue to pay back the bonds.

California,s interruptible power contracts have a 100-hour/year limit.  Most
of those contracts are at or near that limit and will become firm power
contracts.  This removes another option for finding power.

2. The Audit:

Many of the details in AB18X are subject to the results of the audit and the
power auction.  Governor Davis has commissioned a study which shows that 43
percent of the PG&E and SoCal Edison debt is owed to their parent companies.
He views this as the minimum acceptable percentage that the parent companies
should contribute to a bailout.

The companies cannot simply eat the cost of their inter-company debt.  They
do not have the cash to do so.  The question becomes, if the subsidiaries,
bills are not paid, will they be forced to go into bankruptcy?

3. The Auction:

As told by us to some of you yesterday afternoon and as reported by the Wall
Street Journal this morning, the low bids that have been announced from
Wednesday,s auction are based on off-peak power.  This is why they are so
low.  It is estimated that if Davis were to include off-peak power, the bids
would be closer to 9.5 cents per kilowatt hour.

Governor Davis is not disclosing the "true bid price" because to do so would
not be "in the public interest."  While they legally can keep the auction
terms secret, this makes an excellent bluff to try to get other power
providers to bid lower for peak power.

Since the real cost of power is higher than the auction price is making it
appear, this means that there may actually be little or no margin between
where the state buys power and where the utilities sell it.  No margin would
mean no funds to pay down utility debt.

4. The Rest of the West

The federal order for other states to supply CA with power requires Oregon
and Washington to draw down their own reservoirs.  The people of OR and WA
are understandably upset about this.  It is not clear how much longer this
can continue, as reservoir levels continue to drop.

The problem is the drought impacting the entire Northwest is not getting any
better even as Washington and Oregon hydroelectric plants dump water through
their dams to keep the lights on this winter. Officials in these states are
now bracing for electricity surcharges that could hit 50% by mid-summer and
increase the casualties on the dot-com laden killing field.  Cities from
Seattle to Tacoma and beyond are already passing legislation that scales in
electricity surcharges that high and more. Seattle raised prices by 10% the
first of January, with a further, emergency 18% increase is set to pass the
city council on Monday. And city political officials warn that another 25%
increase would be in effect by mid-summer -- unless the federal government
agrees to plans by the western governors to request an emergency price cap
for the summer.

Although the Clinton administration and Bush administration steadfastly
refused to impose such a price cap when Governor Davis requested it many
times in the last month, western governors told our sources that they hope
the political and economic considerations will change by late spring.
"Although FERC head Hebert is a free-market freak," one government official
told our sources, "this is very different than the price cap request
California made. First, you could legitimately say California's problems stem
from their screwed up de-regulation plan. But the west's problems this summer
stem from a drought, and that is significantly different. Second, the Bush
administration may want to punish Davis with thoughts of 2004 presidential
politics in their head, but that will not apply to all of us across the
Northwest and Southwest. We have a lot of Republicans on the hook here.
Third, even if you think damage to the US economy from California's troubles
won't be that great, the damage of 50% energy surcharges rolling across the
entire western United States from Arizona to Washington has to get Bush's --
or at least Cheney's -- attention."

There is almost no snowpack in most of the northwest, according to these
officials, so the usual rebuilding of water reserves necessary to generate
electricity will not occur. Add to that the fact Northwest dams are being run
harder than usual to keep up with the maxed-out energy demands across the
west ,and you have the makings of a mid-summer economic disaster. "The
reservoir behind Grand Coulee dam (the country's largest) is dropping at a
foot a day since New Year's and there is no sign of that slowing," one
official told our sources.


pls put on my calendar.. .thanks. df
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 02/26/2001
03:12 PM ---------------------------
From: Kathy Ringblom/ENRON@enronXgate on 02/26/2001 11:00 AM
To: Drew Fossum/ET&S/Enron@ENRON
cc:

Subject: conf. call

Britt, Grant, Becky and I have a conference call scheduled tomorrow morning
at 9:00 am with Rick Dietz, Harry Woodson and Tangie Dikes to discuss their
testimony.  Do you want to be included (if you're feeling better)?  Have some
chicken soup and take it easy!


still on conference call.

Cheryl Nelson
Senior Counsel
EB3816
(713) 345-4693
----- Forwarded by Cheryl Nelson/NA/Enron on 04/20/2001 03:39 PM -----

	Cheryl Nelson
	Sent by: Cheryl Nelson
	04/20/2001 03:05 PM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: I am still on a conference call that began at 2 p.m.

Cheryl Nelson
Senior Counsel
EB3816
(713) 345-4693


Cathy,
 The subject contact that you faxed to me appears to be their standard
interruptible 311 contract.  t is a month to month interruptible contract.  I
see no reason why it should not be signed.   Please call me if you need
anything further.  I will be in the AEP Houston Metro building office
starting on Monday.


Kim:

It sounds like there have been some changes in the settlements group that have resulted in a billing error for Smurfit.  My guess is they are using the spreadsheet rather than the SoCal Gas imbalance statement to set the volume.

Can you please check and get back to John?

C

Kim

-----Original Message-----
From: Ewing, John [mailto:JEWING@SMURFIT.COM]
Sent: Friday, November 16, 2001 5:17 PM
To: cfoster@ect.enron.com
Subject: Enron Billing

Chris,

Enron may have a new person in charge of SSCC Vernon's account now as there
are billing differences once again. Hannah Nguyen was kind enough to send
SSCC a bill for October 2001 for 68,243 mmbtu's of gas. The sum of the
delivered volumes from Southern California Gas for the accounts SSCC Vernon
is paying for seems to be closer to 108,975. Upon advising Houston of the
additional payment that would be received for the underbilling, SSCC Vernon
received a fax to the effect that actually 109,130 mmbtu's were due.

It may be unclear that SSCC Vernon pays for delivered gas volumes, or the
volumetric information SSCC faxed to Houston may not have been legible. In
any event, attached is the e-file used for the calculation for Enron's
review.

Best regards,
John Ewing

 <<ENRON BILLING 2001.xls>>


please correct per your calculation

Alejandra Chavez@ENRON
02/27/2001 02:22 PM
To: Scott Neal/HOU/ECT@ECT
cc:
Subject: Re: orgination

Scott:

Origination was granted to Robin last night for $468.  However, I wanted to
bring it to your attention that sitara  #618541 and 618626 are two day deals
and my calculations show that $708 may instead be the correct amount of
origination.  Please correct me if I'm wrong or let me know if I should grant
to Robin an extra $240 tonight.

Thanks,
Alejandra


Would you please get me a copy of the following:

96003633  Texaco Natural Gas Inc. / ENA

If I could get this by Monday afternoon would be great.

Many thanks!

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


In this issue:

?- Energy Policy and the Energy Crisis

?- California's financial problems continue to worsen as the state's credit
rating gets downgraded

?- All the news, commentary, and earnings reports, plus price performance and
valuation charts.

?

 <<prometheus010518.pdf>>

?Best regards,

?Cary, Steve and Peter

 - prometheus010518.pdf


---------------------- Forwarded by Scott Neal/HOU/ECT on 02/01/2001 05:31 PM
---------------------------

	Enron North America Corp.

	From:  Corporate Payroll @ ENRON                           01/29/2001 10:45 PM

Sent by: Enron Announcements@ENRON
To: All Eligible Enron Employees United States
cc:
Subject: New Employee Service ) Turbo Tax

As tax season rapidly approaches, we are pleased to announce a new W-2
employee service.  If you plan to file your personal income taxes through
TurboTax 2000 (Intuit's personal tax filing software) you will be able to
automatically download your W-2 information into the appropriate TurboTax
forms directly over the Internet for free.

Enron has chosen to provide this service to help speed the processing time
and accuracy of your return while supporting paperless processing.

More information regarding this service is listed below or visit
www.probusinesstaxes.com to find out more about the TurboTax software and
Web-based filing service.

Employee Fact Sheet: ProBusiness/Intuit W-2 service

Q.  What is the Automated Tax Return (ATR) service?
A. Intuit Inc., makers of the popular Quicken TurboTax tax preparation and
filing software, have launched a new Automated Tax Return (ATR) service to
simplify tax preparation for TurboTax users. ATR allows users of TurboTax tax
preparation and filing software to import tax information from multiple
sources such as employers, brokerage houses, and mutual fund companies
directly into the correct TurboTax forms over the Internet.  Since our
payroll tax provider, ProBusiness, has partnered with Intuit to provide this
service, you will be able to electronically download your individual W-2 data
from ProBusiness directly into TurboTax through the Internet for free. Also,
as part of this program, you can receive a  5% discount on all TurboTax and
Quicken products including shipping and handling (go to
www.probusinesstaxes.com for more information).

Q. So how does it work?
A. Embedded in each version of TurboTax 2000 (both the software and web
application) is a series of screens that will ask whether your employer
allows you to automatically download your data into TurboTax.  To use the
free service, simply answer "yes" then select our payroll tax provider,
ProBusiness, from a drop-down list of providers which includes ProBusiness,
PeopleSoft, Ceridian, and seemyw2.com.  Validate your request by entering
your social security number and W-2 box one data and your W-2 data will
automatically transfer via the Internet into the appropriate locations in the
TurboTax form.

Q. Is this a secure transaction?
A.  Intuit,s TurboTax ATR service combines Open Financial Exchange (OFX), the
standard technology used in e-finance, with 128-bit military-grade encryption
to create an advanced security protocol that ensures the highest level of
security and confidentiality when obtaining financial data to populate your
TurboTax form over the Internet.

Q. How do I participate in this program?
A.  Only employees using Intuit,s TurboTax 2000 tax preparation and filing
software can take advantage of this Web-based ATR service.  TurboTax software
and the ATR Web-based filing service can be accessed at
www.probusinesstaxes.com.

Q. What if I already own TurboTax 2000(does this still work?
A. Yes, all copies of TurboTax 2000 contain the Automated Tax Return service
option.

Q. Overall what are the Benefits to me?
A.  Using the ATR service provided by Intuit and ProBusiness, you can:
? Increase your probability of accurate filing.
? Eliminate the need to manually enter your W-2 information and other
financial data.
? Increase the overall speed of tax filing.


Attached is the final peaker run data through August, 2000.  New Albany has
been updated to actuals.

Rick


I will be out of town.


CALENDAR ENTRY:	APPOINTMENT

Description:
	Lynn - Oncall

Date:		5/19/2001
Time:		7:00 AM - 8:00 AM (Central Standard Time)

Chairperson:	Outlook Migration Team

Detailed Description:


Since our department has grown, we have realized the need to add 3 new temporary IDs.  Following the instructions below, please add calendar access rights for EWS Legal Temp IDs 9, 10, and 11 (as show in blue below). While doing this, would you mind checking the other IDs as well to be sure they are listed.  When logging in temporaries we have discovered that some access rights work with some temp IDs, but not all.  Thank you!
================================
For Outlook users only!

Since we have migrated to Outlook, we have not been able to give calendar/e-mail access to the temporaries filling in for our department.  Apparently, the access rights we all had set up in Lotus Notes cannot be migrated to Outlook.  Thus, we need all attorneys and specialists to give access rights to all the department Temporary IDs as soon as possible.  You can control how much access you would like to give, and for what.  For example, you could give full revision access to your calendar and read-only for your e-mail or access only to your calendar and no access to your e-mail.  It's up to you.

Please give access to the following IDs:
EWS Legal Temp 1
EWS Legal Temp 2
EWS Legal Temp 3
EWS Legal Temp 4
EWS Legal Temp 5
EWS Legal Temp 6
Note:  Do not use-Temp 7 is not designated for our temporaries.
EWS Legal Temp 8
EWS Legal Temp 9
EWS Legal Temp 10
EWS Legal Temp 11

To set up access:
1.	Right click on "Outlook Today" at the top of the folders list (if your folders list is not visible, click on "View" and
	then "Folder List")

2.	Left Click on "Properties" at the bottom of the list that pops up

3.	Left click on the "Permissions" tab

4.	Left click on "Add".
	Type "EWS"-the address list will stop on our temp IDs.
	Left click on one of the Temp ID you are adding, left click on the "Add" button.  Repeat for each ID.  (Be careful not
	to add EWS Temp ID 7.  This is not used for our temporaries.)
	Left Click "OK"

5. 	You should now be back in the "properties" box.  Select the first ID you just added, hold down the "Shift" key, then
	left click all the other ID's.  With all IDs now selected and not holding the Shift key down, click in the boxes which
	access you would like to allow the temporaries to have.  (Note:  Do not select anything that has "own" or "owner"
	in it as you are the owner.)  Left Click on "Apply", then "OK".

6.	Right click on your "Calendar" folder and repeat steps 2-5 above.

7.	[Optional].  To give access to e-mail or any other folders you may have, right click on that folder and repeat steps
	 2-5 above.

Regarding the Legal Temp IDs, these set-up instructions need to be completed only once. If your Assistant ever changes, these instructions will come in handy!
Thank you for your time and patience.


Dennis,

Sorry. My mistake. The address list has a bug.

Vince Kaminski

Dennis Brown
04/03/2000 09:17 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Re: Enron Research and EBS Engineering and Operations Group
Technical Forum

Was it intended for myself to be cc: on the below?

Vince J Kaminski
03/27/2000 04:55 PM
To: Kevin Hannon/Enron Communications@Enron Communications
cc: Vince J Kaminski/HOU/ECT@ECT, Stinson Gibner/HOU/ECT@ECT, Dennis
Brown/HOU/ECT@ECT
Subject: Enron Research and EBS Engineering and Operations Group Technical
Forum

Kevin,

I would like to invite you to an off-site meeting of John Griebling's
organization
and the Research Group.

Date:   April 27 - April 29
Location:  Breckenridge, Colorado

As you know, John Griebling is managing the network design and construction
project
currently under way in EBS. The Research Group is actively involved in this
effort
which requires advanced quantitative skills in the area of stochastic
optimization and
stochastic processes (for modeling and forecasting Internet traffic flows).

The objective of this meeting is to develop common language and accomplish
transfer
of skills between the two groups, to facilitate cooperation on this project
in the future.

We are inviting Ken Rice and Joe Hirko to this meeting. We would appreciate
if you could
speak, together with Joe and Ken, on strategic directions of EBS. It is
important for a group
of technical people, with relatively specialized technical skills, to
understand the big picture.

I am attaching the preliminary agenda for this meeting.

Vince


Do you have lunch plans today?


Rick -

	Fairly balanced reporting by the Nikkei, FYI.

Mike

 -----Original Message-----
From: 	Fitzgibbon, Tom
Sent:	Friday, November 16, 2001 5:08 PM
To:	Grimes, Michael; O'Day, Nicholas; Imai, Makiko; Anai, Rousseau; Watanabe, Mika; Pettersen, Morten E.; Hirl, Joseph; Niesler, Stefan; Higaki, Akiko; Fitzgibbon, Tom; skean; Palmer, Mark A. (PR); Meyer, Vance; Denne, Karen; Schmidt, Ann M.; Gentle, Jackie; Thirsk, Jeremy; Nath, Tani; Crowther, Mark; McBride, Jane; Hughes, Llewelyn; Kamihaba, Kenji
Subject:	Translation - Nikkei Business

Please find attached translation of a short article from Nikkei Business, dated November 19.


I think its the same again - can you come over for it

 -----Original Message-----
From: 	Garner, Joanne
Sent:	Thursday, January 03, 2002 1:29 PM
To:	Sager, Elizabeth; Lavorato, John; Kitchen, Louise; Taylor, Mark E (Legal)
Subject:	TODAY'S 4:30 CONFERENCE CALL W/ UBS
Importance:	High

 -----Original Message-----
From: 	"Schleimer, Andrew+" <Andrew.Schleimer@ubsw.com>@ENRON
Sent:	Thursday, January 03, 2002 1:01 PM
To:	Schuler, Lance (Legal)
Cc:	Meisner, Joseph+; Schleimer, Andrew+
Subject:	*FW: conf. Call
Importance:	High

Lance-

Following please find details for today's conference call. Please feel free to call either Joe (212.821.5215) or myself
(212.821.6364) with any questions.

Operator Assisted for 5:30PM Eastern Standard Time
Dial 1-888-446-5348 - Ask for UBS Warburg call - Moderator: Joseph Meisner.

Visit our website at http://www.ubswarburg.com

This message contains confidential information and is intended only
for the individual named.  If you are not the named addressee you
should not disseminate, distribute or copy this e-mail.  Please
notify the sender immediately by e-mail if you have received this
e-mail by mistake and delete this e-mail from your system.

E-mail transmission cannot be guaranteed to be secure or error-free
as information could be intercepted, corrupted, lost, destroyed,
arrive late or incomplete, or contain viruses.  The sender therefore
does not accept liability for any errors or omissions in the contents
of this message which arise as a result of e-mail transmission.  If
verification is required please request a hard-copy version.  This
message is provided for informational purposes and should not be
construed as a solicitation or offer to buy or sell any securities or
related financial instruments.


The author was obviously not aware that the Enron pipelines pride themselves
in having standardized our "operational nuisances" !!  df

From: Dorothy McCoppin/ENRON@enronXgate on 03/22/2001 03:10 PM
To: Shelley Corman/ENRON@enronXgate
cc: Drew Fossum/ET&S/Enron@ENRON, Mary Kay Miller/ET&S/Enron@ENRON, Robert
Kilmer/ENRON@enronXgate, Janet Place/NPNG/Enron@ENRON, Ray
Neppl/NPNG/Enron@ENRON, Maria Pavlou/ENRON@enronXgate, Susan
Scott/ENRON@enronXgate, Frazier King/ENRON@enronXgate, Dari
Dornan/ET&S/Enron@ENRON, Lee Huber/ET&S/Enron@ENRON

Subject: RE: Section 5 Argument of Segmentation Brief

 This brief is not very well written -- many legal mistakes and grammar is
also really poor.  Here are my questions and
 comments.  I did, however, enjoy reading about "the unique operational
nuisances of every interstate pipeline".

 --Dot

 -----Original Message-----
From:  Corman, Shelley
Sent: Tuesday, March 13, 2001 8:09 AM
To: Fossum, Drew; Miller, Mary Kay; Kilmer III, Robert; McCoppin, Dorothy;
Place, Janet; Neppl, Ray; Pavlou, Maria; Scott, Susan; King Jr., Frazier;
Dornan, Dari; Huber, Lee
Subject: FW: Section 5 Argument of Segmentation Brief

Last brief draft for now!
 -----Original Message-----
From:  "Susan Moore" <SAM@vnf.com>@ENRON
[mailto:IMCEANOTES-+22Susan+20Moore+22+20+3CSAM+40vnf+2Ecom+3E+40ENRON@ENRON.c
om]
Sent: Monday, March 12, 2001 5:12 PM
To: Rnuschler@akingump.com; rmfmckinney@aol.com; mark.cook@coastalcorp.com;
Clevander@columbiaenergy.com; kkrieger@columbiaenergygroup.com;
Alexanderl@dsmo.com; Shelley_Corman@enron.com; hendricksond@epenergy.com;
Fkelly@gbmdc.com; cdavis@glgt.com; Mike.McMahon@gulfsouthpl.com;
JDRESKIN@INGAA.ORG; pludwig@INGAA.ORG; Kbdriver@jonesday.com;
Paul_Mallory@kindermorgan.com; Jblasiak@mcguirewoods.com;
carl.fink@neg.pge.com; marsha.palazzi@neg.pge.com; jschaefgen@reidpriest.com;
Coharra@velaw.com; Hmay@velaw.com; jjohnson@velaw.com; John Burnes; Paul
Korman; tiggka@wbip.com; Judy.neason@williams.com
Subject: Section 5 Argument of Segmentation Brief

Attached is the initial draft of the NGA Section 5 argument for the pipeline
petitioners' joint brief opposing segmentation.

I have attached the document in both Word and WordPerfect.  The document was
converted into WordPerfect from Word, which should explain any WordPerfect
formatting problems.

The Statement of the Case for the segmentation brief will be circulated on
Tuesday morning.

Susan A. Moore
Associate
Van Ness Feldman, P.C.
202-298-1896

 - VANDOC_98238_1.DOC << File: VANDOC_98238_1.DOC >>
 - VANDOC_98421_1.WPD << File: VANDOC_98421_1.WPD >>


Sure thing, you hoser.

-----Original Message-----
From: Sullivan, Glen J. [mailto:GSullivan@sempra.com]
Sent: Wednesday, April 26, 2000 2:56 PM
To: 'MBD'; 'Leslie, John'; 'Elsesser, Evie'; 'McCrea, Keith'; 'Pocta, R.
Mark'; 'Dasovich, Jeff'; 'Beach, Tom'; 'Burkholder, John'; 'Amirault,
Paul'; 'Alexander, Michael'; 'Chancellor, Craig'; 'Dingwall, B.';
'Douglass, Dan@SES'; 'Fawcett, Jeff'; 'Porter, Doug'; 'Rochman,
Michael'; 'Counihan, Rick'; 'Bayless, David'; 'Paul, Joe'; 'Jimison,
John'; 'Foss, Robert'; McVay, Nancy W - TPNWM; 'Scott, Susan'; 'Karp,
Joe'; 'Johnson, Pamela'; 'gileau, patrick'
Cc: Lorenz, Lad - TPLPL; Nelson, Eric B. - TPEBN; Morrow, Rick - TP3RMM;
Follett, B. David - TPDBF; Brill, Thomas R.; Van Lierop, Jan - TP2JXV;
Harrigan, James P. - TP1JPH; Sakarias, Wayne P.; Purves, Ralph A.;
Teeter, James S.; Watson, Steven - TP2SAW; Cherry, Brian - TPBKC;
Whitaker, Sue; Takemura, Earl - TPEKT
Subject: RE: Gas Industry Settlement

To signatories to the Comprehensive Settlement for SoCalGas & SDG&E:

A few more "errata" I plan to make, absent objection:

A. Creditworthiness Sections (1.2.3.2 and 2.2.3.2):

In 1.2.3.2 on p.21, under b., subitem ii. should have "or" inserted at the
end of the subitem and the "or" at the end of subitem iii. should be
stricken (so that the reports or forms listed in i., ii., and iii. are
alternatives to each other (customer only has to provide one of the three)
and subitems iv. and v. are additional required items).

In 2.2.3.2 on pp.36-37, make parallel changes in the "or"s as stated above.

On p.22, under h., subitems i. through v. should be indented more than h.
and then items j), k) and l) should be renumbered i., j., k. (this will then
match section 2.2.3.2, which has the correct spacing/alphanumbering).

On p.22 and p.37, we'd like to drop the reference to "U.S." in the reference
to a letter of credit issued by a major "U.S." financial institution.
SoCalGas has realized that it has already had dealings with Canadian or
other foreign-owned customers where it was reasonable to rely on letters of
credit from major financial institutions of the parent's country.  (This
should be ok with Paul Amirault, eh?)

B. Btu content

On pp.10 (twice) and 31, the settlement says we are assuming 1,016 Btu/mcf
for the heating value of gas (subject to revision by Commission during term
of settlement).  We have the wrong units.  It is 1,016 Btu per cubic foot,
not per thousand cubic feet.  We'd propose to change the number to 1,016
Btu/cf (not "1,016 Btu/mcf")  On p.33, we got the units right the first time
and don't need to change them on that page.

Again, I'd appreciate you getting back to me or Brian Cherry by noon Friday
if you have any problem with the above changes.

   -- Glen Sullivan

-----Original Message-----
From: Sullivan, Glen J.
Sent: Wednesday, April 26, 2000 12:58 PM
To: 'MBD'; 'Leslie, John'; 'Elsesser, Evie'; 'McCrea, Keith'; 'Pocta, R.
Mark'; 'Dasovich, Jeff'; 'Beach, Tom'; 'Burkholder, John'; 'Amirault,
Paul'; 'Alexander, Michael'; 'Chancellor, Craig'; 'Dingwall, B.';
'Douglass, Dan@SES'; 'Fawcett, Jeff'; 'Porter, Doug'; 'Rochman,
Michael'; 'Counihan, Rick'; 'Bayless, David'; 'Paul, Joe'; 'Jimison,
John'; 'Foss, Robert'; McVay, Nancy W - TPNWM; 'Scott, Susan'; 'Karp,
Joe'; 'Johnson, Pamela'; 'gileau, patrick'
Cc: Lorenz, Lad - TPLPL; Nelson, Eric B. - TPEBN; Morrow, Rick - TP3RMM;
Follett, B. David - TPDBF; Brill, Thomas R.; Van Lierop, Jan - TP2JXV;
Harrigan, James P. - TP1JPH; Sakarias, Wayne P.; Purves, Ralph A.;
Teeter, James S.; Watson, Steven - TP2SAW; Cherry, Brian - TPBKC;
Whitaker, Sue
Subject: RE: Gas Industry Settlement

To signatories to the Comprehensive Settlement:

ALJ Biren has given us until Friday of this week (April 28, 2000) to file
"errata" to the Comprehensive Settlement.

So far, I am planning to make the following non-substantive changes:

1.  The table of contents was seriously messed up by an "automatic update"
feature in Word just before we duplicated and filed.  I will be putting it
back to the state you saw in the final draft.

2.  On p.7, section 1.12, put a period at the end of the last sentence.

3.  On p.9, section 1.1.3.1,  two thirds of the way down the page, I will be
changing "subject to adjustment annual by the base rate PBR formula" to
"subject to adjustment annually by the base rate PBR formula".

4. On p.27, section 1.5.4, in the third full paragraph on the page, I will
be changing "If only one customer has an OFO day" to "If only one customer
class has an OFO day".

5.  Also on p.27, section 1.5.4, bottom line on the page, I will be filling
in the blank with "C" (so it reads "Appendix C")

In the category of "maybe substantive",

1.  On p.10, section 1.1.3.2, three lines from the bottom of the page, the
date "October 1, 2000" would be changed to "October 1, 2001".  This sentence
refers to including the cost of backbone transmission for core customers
buying gas from SoCalGas in the "procurement" rate.  Obviously, our intent
was to do that only once we had unbundled backbone transmission, which
happens on October 1, 2001.

In the category of "substantive":

1.  Our capacity term sheet had said that we would unbundled "additional"
(non-reliability) storage for CTAs effective upon implementation of the
settlement (See p.4).  The filed settlement managed to drop the section that
provided for this option for CTAs prior to the principal storage change on
April 1, 2001.  (The filed settlement is ok for the period starting April 1,
2001).  So, to be consistent with the term sheet, we need to insert
something back into the settlement to allow CTAs to opt out of
non-reliability storage in the period from the effective date (90 days after
approval) to April 1, 2001.  Obviously, this may not be a very long period.
John Leslie has suggested inserting at the very beginning of Section
5.4.4.3:  "In the partial storage year beginning on the effective date of
this Settlement Agreement, and....[continue with current text]."  We would
need to cover as part of implementation filings the exact mechanism/pricing
for SoCalGas purchasing gas in storage owned by CTAs if they opt out of
nonreliability storage prior to April 1. 2001.  SoCalGas and SDG&E are ok
with John's language and want to make sure it is ok with other signatories.

If you have any problems with any of these changes, please contact me or
Brian Cherry by noon on Friday, April 28.  My email is gsullivan@sempra.com
and my phone is (619) 699-5162.  Brian's email is bcherry@sempra.com and
phone is (213) 244-3895.

We are looking at the possibility of two or three additional changes, and
Brian may send you a follow-up message.

-- Glen Sullivan
Sempra Energy Law Dept.


Please call me if you have any questions (35242).


Hi Tana,

I have left you a voicemail regarding this matter, but I thought I would
expand on what I require.

Enron Singapore branch did a trade with Unocal International Trading Company
(Singapore) on EOL.

I want to know if the American entity (Union Oil Company California) has a
Master Agreement / ISDA Agreement with Enron London / Singapore on a
Financial stage.

If they do please could you forward a copy of the agreement, otherwise please
could you call me to discuss the matter further.

Thank you for your help.

Ricky


I'm ready, are you?  Did you get my message about Dad?  I don't want you to
worry but he will have to be in bed with his leg elevated for a week.  Send
him a nice note, o.k?
----- Original Message -----
From: <Eric.Bass@enron.com>
To: <shusser@enron.com>; <dfranklin@hanovermeasurement.com>;
<Jason.Bass2@COMPAQ.com>; <daphneco64@bigplanet.com>;
<lwbthemarine@bigplanet.com>
Sent: Tuesday, November 14, 2000 3:09 PM
Subject: check it out

> http://www.telski.com/tandp/extras/photo_of_day/index.html
>


Seabron -

Here is an outline of the work product we would like you to consider --

1. How much did the LACK OF POLITICAL LEADERSHIP / LUNACY cost California
consumers?
 + LUNACY = CPUC did not accept $60/Mwh last year
 + unwillingness to fix credit problems
 + Bad CDWR buying habits
 + other

2. Analyze key Cal ISO studies dealing with "overearning" and market abuse.
 + Methodological faults
 + Analyze Key Findings
 + Develop appropriate "Enron" responses

3. Develop framework to assist in responding to political "calls" for market
controls
 + Understand better who "won" from the WEALTH TRANSFER
 + How much was transferred to "Texas generators"?

4. Other fixes still needed
 + A/S markets in California
 + Governance issues
 + other?

I hope this helps frame the work.

Jim


Start Date: 4/24/01; HourAhead hour: 22;  No ancillary schedules awarded.
Variances detected.
Variances detected in Generation schedule.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042422.txt

---- Generation Schedule ----
$$$ Variance found in table tblGEN_SCHEDULE.
     Details: (Hour: 22 / Preferred:   0.00 / Final:   0.00)
  TRANS_TYPE: FINAL
  SC_ID: EES
  MKT_TYPE: 2
  TRANS_DATE: 4/24/01
  UNIT_ID: BADLND_7_PL1X2

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 22 / Preferred:   7.65 / Final:   7.19)
  TRANS_TYPE: FINAL
  LOAD_ID: SCE1
  MKT_TYPE: 2
  TRANS_DATE: 4/24/01
  SC_ID: EPMI


This request has been pending approval for  4 days and you are the alternate.  Please click http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000077031&Page=Approval to review and act upon this request.

Request ID          : 000000000077031
Approver            : patti.sullivan@enron.com
Request Create Date : 11/21/01 11:59:52 AM
Requested For       : justin.fernandez@enron.com
Resource Name       : Terminal Server - Remote Access Solutions <b>Houston General Purpose Solution</b>
Resource Type       : Applications


Don't worry.  We'll try and take a hand at it.


Power Gas Marketing volumes for Sep:
1.  Peoples:  3,000
2.  East Ohio:  10,000
3.  Equitrans: 5,000 ( I will find a market for this)


graduand (GRAJ-oo-and) noun

   A student who is about to graduate or receive a degree.

[From Middle Latin graduandus, gerundive of graduare to graduate.]

   "Speaking at the convocation ceremony of 481 graduands of the college in
   Kuala Lumpur yesterday, Dr Ling said Malaysia's rapid economic growth in
   the last decade has generated a demand for skilled manpower which has
   exceeded supply."
   Knowledge a life-long quest, Business Times Malaysia, Aug 2, 1997.

This week's theme: words from the world of learning and the learned.

.............................................................................
It is dangerous to be right when the government is wrong. -Voltaire
(1694-1778)

What to give to the person who has everything? Give the gift of words.
Here is a gift that keeps on giving. To enter a gift subscription of
A.Word.A.Day, please visit http://wordsmith.org/awad/gift.html
To subscribe yourself, use http://wordsmith.org/awad/subscribe.html

Pronunciation:
http://wordsmith.org/words/graduand.wav
http://wordsmith.org/words/graduand.ram


They are now in DealBench.

Jonathan Hoff@ECT
10/30/2000 06:49 PM
To: Jinsung Myung/Corp/Enron@Enron
cc: Don Miller/HOU/ECT@ECT, Benjamin Rogers/HOU/ECT@ECT

Subject: Revised 2000 O&M Numbers

These are current through September


Jim

I agree, all we are going to do today is transfer Clinton Energy Management Services, Inc. to be a direct subsidiary of Enron Corp. and amend the charter. At this point in time we need to avoid doing anything which will require any filing with FERC or which will jeopardize the power marketing certificate.

Marcus

 -----Original Message-----
From: 	Steffes, James D.
Sent:	Wednesday, October 31, 2001 1:03 PM
To:	Nettelton, Marcus
Cc:	Nicolay, Christi L.; Novosel, Sarah
Subject:	Clinton Energy

Marcus --

I would recommend that Enron not do anything to modify the Clinton MBR tariff at FERC right now.  It may make sense for Sam Behrens to work up a "clean up" filing to be ready to go upon any action.

Pls give me a call if you want to discuss or would like us to take a different approach.

Jim


Can't open- meeting w/ Breathitt went well .. still alot of work to do- will
keep you  advised.

Ralph Reed <ralph@censtrat.com> on 09/08/2000 12:14:30 PM
To: "Richard Shapiro (E-mail)" <rshapiro@enron.com>, "Steven Kean (E-mail)"
<skean.ees@enron.com>
cc:
Subject: Elizabeth Stolpe

Here's another good candidate for head of the DC office you guys may want to
sit down with.  Elizabeth Stolpe headed the DC office for Champion
Industries, is highly respected on the Hill and the political community, and
got a golden parachute when International Paper bought Champion.  I have
attached her resume.  (If you can't open this, email me to that effect and
I'll fax this.)

How goes it with Breathed?

 - Elizabeth Stolpe.max


We Agree

"Eileen Ponton" <kponton@duke-energy.com> on 03/15/2001 09:47:26 AM

To:   David Avila/LSP/ENSERCH/US@TU, Charlie Stone/Texas Utilities@TU, Melissa
      Jones/Texas Utilities@TU, HPL.SCHEDULING@ENRON.COM,
LIZ.BELLAMY@ENRON.COM
cc:
Subject:  NOMS / ACTUAL FLOW FOR 03/14

DATE      NOM       FLOW - MCF           FLOW - MMBTU

3/14      23,750         23,112               23,736

BTU = 1.027


>
> TO:   FLORIDA ATTORNEY GENERAL
> FROM:  LIZ JONES
>
> DEAR SIR:
>
>  I RECENTLY PURCHASED A FLORIDA LOTTERY TICKET.  AFTER THE WINNING
NUMBERS WERE ANNOUNCED, I REALIZED THAT MY NUMBERS WERE DIFFERENT THAN THE
ONES I MEANT TO PICK.
>
>  I WAS VERY UPSET BECAUSE I MEANT TO PUT DOWN THE NUMBERS THAT WON.
REALLY !!!
>
>  THE INTEGRITY OF THE FLORIDA LOTTERY SYSTEM DEPENDS ON PEOPLE HAVING THE
NUMBERS THEY INTENDED TO PICK.
>
>                SEND ME THE MONEY.  OTHERWISE, MY ATTORNEY THINKS I HAVE A
VERY GOOD CASE, AND I'LL SEE YOUR ASS IN COURT!
>
>  IS THIS A GREAT COUNTRY OR WHAT?
>
>
>  PS.  I ALSO VOTED IN PALM BEACH COUNTY.
>
>
>


http://www.probability.net/

http://www.iafe.org/fe_links.ihtml

http://www.maths.uq.oz.au/~pkp/probweb/links.html


Jaime, let's talk tomorrow afternoon.  As far as I know at the moment I am
free after 2pm.  I look forward to speaking with you.
Brent

Jaime Williams
07/17/2000 12:03 PM
To: Brent Hendry/NA/Enron@Enron
cc: Paul Radous/Corp/Enron@ENRON, Mark Taylor/HOU/ECT@ECT

Subject: Pending Contracts with Enron de Mexico

Hello Brent, I am responsible for the Risk Management Business of Enron de
Mexico, and I know you have been assigned to support our group... I want to
ask you  for some time tomorrow or wednesday to chat about the pending legal
items that we have for our business in Mexico...
I am sending a prioritized list of pending contracts that we need to
discuss....Shari Stack is still helping us with a couple of contracts (Vitro
and Enertek), but these are the pending Master Agreements:

Highest Priority:

- Vitro
- Enertek
- Hylsa SA de CV
- Mexicana and Aeromexico
- ISPAT Mexicana
- Quimica del Rey (With Industrias Pe&oles' Corporate Guarantee)
- Silicatos Especiales
- Gas Natural Mexico
- Cydsa
- Grupo Minero Mexico
- Grupo Ferroviario Mexicano
- Transpportacion Ferroviaria Mexicana
- Arancia
- Grupo Industrial Saltillo

Second Priority (Need to get Financial Information)
- Gas Natural de Juarez
- Gruma (Grupo Maseca)
- Kimberly Clark
- Solvay Quimica
- Fersinsa
- Mexichem

Review the list on the Legal Database for Mexican Counterparties.

I'll call you.


Attached are my updates to Steve's backgrounder and solutions documents.
I've also attached (for Rick) the summary of the CA State Treasurer's
proposal.

Best,
Jeff


This is why California public policy is so screwed up; they spend their time
reading and sharing stuff like the attached.  Enjoy, anyway!
---------------------- Forwarded by Carolyn Green/HOU/AZURIX on 12/15/99
01:18 PM ---------------------------

"Vic Weisser" <vicw@cceeb.org> on 12/15/99 11:48:11 AM

To:	"Richard_Dan" <ddr0@pge.com>, "Weisser_Vic" <vicw@cceeb.org>,
"Singer_Joel" <joel@awad-singer.com>, "Tannenbaum_Peter"
<peter@awad-singer.com>, "Barmore_Mark" <mbarmor@muse.sfusd.k12.ca.us>,
"Florio_Mike" <mflorio@turn.org>, "Feraru_Rob" <rtf@cpuc.ca.gov>, "Barr_Mike"
<barr_mr@pillsburylaw.com>, "Barsimian_Loretta" <lkb@rb2.swrcb.ca.gov>,
"Beasley_Michael" <mabeasley@mail.hac.com>, "Brown_Hal"
<hal@stressline.com_>, "Burns_Susan" <burns@naturalstrategies.com>,
"Christie_Bill" <wchril4494@aol.com>, "Clark_Michelle" <clark94513@aol.com>,
"Dempsey_Bill" <billd@cceeb.org>, "Drake_Debbie" <djdrake@ibm.net>,
"Dressler_Garrett" <litvid@earthlink.net>, "Eva_Eva" <Aunteva@aol.com>,
"Everitt_Sara" <swe1@pge.com>, "Fadelli_Paul" <pfadelli@kearnswest.com>,
"Farabee_David" <farabee_dr@pillsburylaw.com>, "Fitzmaurice_Dick"
<dick.fitzmaurice@pactel.com>, "Garvey_Ellen" <EGarvey@baaqmd.gov>,
"Gioja_Linda" <giojal@jmj.com>, "Goldstein_Seth" <sethg@cs.berkeley.edu>,
"Grace_Manny" <Manny.Grace@disney.com>, "Grattan_John"
<jgrattan@grattangalati.com>, Carolyn Green/HOU/AZURIX@AZURIX, "Gualco_Jack"
<jackson_gualco@gualcogroup.com>, "Hall_Michael" <Michael@PNCA.edu>,
"Hathaway_Janet" <jhathaway@nrdc.org>, "Hertel_Mike" <hertelmm@sce.com>,
"Hwang_Roland" <rhwang@ucsusa.org>, "Kahoe_Mike" <makah@msn.com>,
"Kelley_Norm_and_Pat" <paknwk@aol.com>, "Kirkwood_Corey" <corey@rri.org>,
"Koons_Christina" <ckb@accessone.com>, "Larson_Terry" <wmwbtll@suptrans.com>,
"Ligh_David" <dligh@aries.76products.com>, "Lucas_Bob"
<bob_lucas@calobby.com>, "Malcolm_Kim" <kim@cpuc.ca.gov>, "Mamary_jeanine"
<jam4joy@aol.com>, "Manaster (Santa Clara)" <kmanaster@scu.edu>, "Mason_Pat"
<Pfrayne@aol.com>, "McCubbin_Sandi" <smccubbi@ees.enron.com>, "McGrady_Kathy"
<Kmcgrady@equinox.unr.edu>, "Moretti_Marie" <mmoretti@gcsac.com>,
"Morse_Emily" <hopemorse@aol.com>, "Niemetz_Sven" <sven@babycenter.com>,
"Sarris_Sharon" <sharon.l.sarris@gm.com>, "Secundy_Jerry" <macgds@aol.com>,
"Silverstein_Chuck" <CSilverstein@compuserve.com>, "Silverstein_Jerry"
<JSilverstein2@compuserve.com>, "Silverstein_Jerry"
<JSilverstein2@compuserve.com>, "Silverstein_Leslie"
<lsilverstein@maine.com>, "Silverstein_Stu & Sheila" <stusil@aol.com>,
"Sisson_Tom" <c339152@mdcpo21.lb.mdc.com>, "Smith_Dave"
<dsmith5@mail.arco.com>, "Sohn_Andy" <asohn@uclink4.berkeley.edu>,
"Solem_Don" <Don_Solem@solem.com>, "Stevens_Ken" <kens@cceeb.org>,
"Strehl_Katherine" <katherine.strehl@lmco.com>, "Sullivan_Martha"
<SullivanMS@aol.com>, "Sweet_Shelley" <sjsweet@aol.com>, "Trahan_Paul"
<PTrahan901@aol.com>, "Tuck_Cindy" <ctuck01@aol.com>, "Valenti_Peggy"
<peggy_valenti@vcd.hp.com>, "Weisser_Deborah" <dweisser@cs.berkeley.edu>,
"Weisser_Vic" <vicw@cceeb.org>, "Whittick_Janet" <Janetw@cceeb.org>,
"Wilkinson_Bob" <wilkinso@lifesci.ucsb.edu>, "Wise_John"
<wise.john@epamail.epa.gov>, "Wollan_Otis" <otis@foothill.net>, "Zobel_Bill"
<bzobel@mail.arco.com>
cc:

Subject:	Another Corporate Merger - Chrisnuka!!  ALL SCROOGES DELETE!

---------------------------------------------------------
Victor Weisser
California Council for Environmental and Economic Balance
100 Spear Street
Suite 805
San Francisco, California 94105
415/512-7890   Extension 16
vicw@cceeb.org

----------

Continuing the current trend of large-scale mergers and acquisitions, it was
announced today at a press conference that Christmas and Chanukah will
merge.  The new mega-holiday will be know as Chrisnuka
>
An industry source said that the deal had been in the works for about 1300
years, ever since the rise of the Muslim Empire.
>
While details were not available at press time, it is believed that the
overhead cost of having twelve days of Christmas and eight days of Chanukah
was becoming prohibitive for both sides. By combining forces, we're  told,
the world will be able to enjoy consistently high-quality service during the
Fifteen Days of Chrisnukah, as the new holiday is being called.  Massive
layoffs are expected, with lords a-leaping and maids a-milking being the
hardest hit. As part of the conditions of the agreement, the letters on the
dreydl, currently in Hebrew, will be replaced by Latin, thus becoming
unintelligible to a wider audience.
>
Also, instead of translating to "A great miracle happened there," the
message on the dreydl will be the more generic "Miraculous stuff happens."
In exchange, it is believed that Jews will be allowed to use Santa Claus and
his vast merchandising resources for buying and delivering their gifts.  In
fact, one of the sticking points holding up the agreement for at least three
hundred years was the question of whether Jewish children could leave milk
and cookies for Santa even after having eaten meat for dinner. A
breakthrough came last year, when Oreos were finally declared to be Kosher.
All sides appeared happy about this.
>
A spokesman for Christmas, Inc., declined to say whether a takeover of
Kwanzaa might not be in the works as well.  He merely pointed out that, were
it not for the independent existence of Kwanzaa, the merger between
Christmas and Chanukah might indeed be seen as an unfair cornering of the
holiday market. Fortunately for all concerned, he said, Kwanzaa will help to
maintain the competitive balance.
>
>He then closed the press conference by leading all present in a rousing
rendition of "Oy, Come All  Ye Faithful."


As many of you know, I am going to be leaving Enron to pursue new
opportunities.
  I am leaving with regret,  as I have enjoyed working with all of you, and I
believe EBS
  is poised for great success in Asia.   To assist in a smooth transition,  I
have prepared
  this report on  the status of all EBS East Asia regulatory affairs actions
I am working on,
  and my thoughts about next steps.    A list of key contacts is also
provided.    Mark
  Schroeder will reassign pending actions.

   Again, many, many thanks for your support and encouragement and for what I
have
   learned about broadband and EBS from each of you.

1.   Singapore

 (a)  SBO License Application:

        The application was completed in draft in December.   Dan Arzola of
EBS Asia
        has a copy in Houston.   We cannot proceed further on the application
until we
        decide what  legal entity to use.   We have a legal entity (Enron
Broadband
        Services Pte Ltd) set up that encompasses all EBS activities
including bandwidth t
        trading.

        The legal entity that we use in the application will have to pay a 1%
annual gross
        turnover fee unless we get it waived by the regulator on the grounds
that the
        turnover fee was never intended to capture bandwidth trading
revenue.   This
        is a possible option in my opinion as the regulator (IDA) does not
want to be working at cross
        purposes with other parts of the government that wish to provide EBS
with incentives.
        See below.

    (b)  Legal Due Diligence:

        However, before pursuing a waiver from IDA,  we were planning to
complete legal due
        diligence to examine any options for avoiding the fee without a
waiver.
        Donald is of the view (see his Jan 9 e-mail ) that bandwidth trading
has to be
        licensed by the regulator.  ( In Europe, bandwidth trading usually
does not
        require telecom licensing.)   If Donald is correct as he probably is,
there may be
        less need of further legal research  on that point unless perhaps to
confirm absolutely
        that there is no way to shield EBS bandwidth trading from the
turnover fee apart from
        a waiver or reduction of the fee.    For example it is possible  that
Jan Haizmann
        or others may figure out a way to have actual trades escape the fee
(done offshore
        for example).   Jan I believe has some ideas on this that he adanced
in the context
        of Korea.

        I believe it would still be prudent  to proceed as we had planned to
engage
        a law firm here in Singapore (as we have in Hong Kong and Japan) for
the purpose
        of guiding us through these sorts of questions (or at least
confirming our reading)
        and answering the many other questions posed in a matrix developed by
a working
        group headed by Wayne Gardner.   We will likely be needing the firm
anyway at
        some point.

        I have prepared a list of seven law firms engaged in telecoms
practice in Singapore.
        EBS General Counsel is planning to examine its Asia strategy and whom
to send and
        when to engage a firm to complete Wayne's questionnaire and for other
purposes.

         My advice is, after the due diligence is completed or we have at
least confirmed
         that bandwidth trading is required to be in the licensed entity,
probably to go to the IDA and
         discuss the implications of the fee for us.   The contacts I would
suggest discussing this
         with are Andy Haire and Fiona Yeo (see contact list).]      IDA does
not wish to prevent
         EBS's coming to Singapore, and the fee was of course set up without
bandwidth trading
         specifically in mind as a revenue source.   Bandwidth trading was
referenced in the
         Code only later as a result of Enron's comment letters.

  (c)  Arthur D Little consultant proposal to support EBS Pioneer Status
Application

         This 75k proposal is now with us in final form, after undergoing
changes by me
         and two by our Houston tax lawyers.   I was to have gone to ADL
Singapore next
         for a meeting to question them on how much of this they are able to
         do independently without reliance on us.   This was a suggestion
made by
         Jim Ginty of EBS tax to make sure they would not be reprocessing our
info,
         I also intended to get them to pinpoint which of the products would
be quantified,
         rather than a "where appropriate."     Assuming we proceed with this
proposal,
         someone else will need to do this conversation with ADL Singapore.

         I have forwarded the final proposal to Wayne Garder and Mark and
most other
         interested parties earlier this week.

        NB:   Someone needs to be appointed to contact Simon MacCormac at ADL
and explain
        at least our timing and process for getting back to him, as a
courtesy.   I have not
        replied to his final submission as of now.   See contact info at end
of e-mail.

         For background,  the reason I believe EBS needs this work and sought
a consultant
         proposal is that Pioneer Status is typically awarded  to companies
that make major
         dollar, infrastructure, and job-creation expenditures in
Singapore.   Our business
         model does just the opposite.   So, to be awarded Pioneer Status,
which the EDB is
         very willing to consider us for after many months of persuasion,  I
believe we need to
         help EDB demonstrate what the quantitative spin-off benefits are for
Singapore from our
         developing bandwidth trading here (e.g. increased efficiencies of
capacity utilization,
         effect of lower bandwidth prices on attracting investment).   This
is a job for a  development
         economist teamed with someone who knows about bandwidth trading.
To my mind,
         if ADL cannot produce the bandwidth trading specialist we want, it
might be worth it
         to have one of our experts assigned to liaise with  them, and adjust
the contract
         accordingly to reflect what part we are providing.

         One thing the ADL scope of work does not provide for is the actual
completion of
         the Pioneer Status Application - only the supporting economic
analysis.  That is because it is
         proper for us to be the ones outlining our business plan for
Singapore, rather than
         running that information through ADL and charging its overhead.  The
idea is to get
         ADL to perform the quantitative economic development analysis we
cannot do in-house.

    (d)   Direct contact with EDB on EBS's plans

         EDB (Chelsia Lim ) has this week asked EBS to update her on its
business
         plans for Singapore.    I have made sure Craig Clark will take the
responsibility
         for seeing this is handled.   While a courtesy call is fine, I would
advise
         not to brief her formally until EBS has really decided what our
plans are,
         with staffing, etc.   They have been asking for our plans for a
while, and
         are waiting for some specifics when we have them.

2.    Hong Kong

        We have  2 licenses:   IVANS (value added services) and ETS (external
        telecoms services (includes bandwidth trading).

        There are several documents in draft and clearance which need to be
filed
        under these licenses before we are able to operate in Hong Kong.
        The principal ones are (a)  the system configuration plan,   (b) the
tariff for
        sale and trading of circuits under the ETS license (c) the tariff for
Mediacast
        services under the IVANS license, and (later) (d) a tariff for
VOD/EOD to
        be filed under the IVANS license.

        (a)  status of system configuration plan:

        The plan is done in draft and is being held pending a decision to be
         communicated by Roger Estrada within the next week or two as to
whether
         the Lucent 10G equipment described in the plan will be changed to
other
         equipment.    The HK lawyers  (Michelle Chan of Clifford Chance)
have said
         that if we plan to provide other equipment at the outset, we ought
to just
         wait and send in the correct description rather than revise.   If we
do stick with
         the Lucent equipment , we will also need to revise our orginal
license
         application as well (says Michelle Chan)  to include description of
related
         Cisco equipment that was not mentioned in our orginal license
application.

         When the system configuration plan is done in final, we also need to
         change the listed destination in the diagram from "San Jose"  to
"West Coast
         USA,  Japan, Singapore, and Australia".

         There are two copies of the present draft submission typed on the
OFTA forms.
          I have given one to Craig Clark of EBS to carry back to Houston.
The other
         copy is with Annie Ng in our Singapore office.

         When we know what equipment we are going to be using, Tom Wei needs
to
         revise the diagram and also make the changes in destination referred
to above.
         Other small edits need to be made in Appendix A (see Dec 28 e-mail
referenced
         below).   My successor should review the whole package once more
with Michelle
         Chan in final.    Then the final package needs to be cleared by
Anthony Duenner
         and our EBS lawyers before going to Ken Rice or another qualified
Director of
         our Hong Kong company for signature.   After that it goes back to
Michelle Chan
         for filing with OFTA.

         NB:   See Michelle Chan's e-mail of Dec 28, being repeated
separately, for
                  further information.

       (b)   Tariffs for BWTrading under ETS License

        In December in Houston I worked with Bill White and his staff on a
tariff plan for
        bandwidth trading in HK.   Based on a meeting I had with the
regulator in Hong
        Kong,   we agreed to file pro forma ceiling prices rather than an
entirely new
        and variable system which the regulator insisted we not do.
Ceiling  prices
        were developed and submitted to Michelle Chan for review.

        Along with the prices we are required to submit our Terms and
Conditions.   For
        that I used EBS General Terms and Conditions (GTC's) for trading
obtained from
        Robbi Rossi and Michelle Heard.  Mike Grimes  has a set as well.

        Present status:  Right now a dialogue is under way between Michelle
Chan and
        Robbi Rossi as to whether it is sufficient to file the GTC's alone or
whether
        certain exhibits, service level agreements, and confirmations
referred to in
        the GTC's must also be filed.   There are other questions being
discussed in
        that channel  such as how to handle variations in the terms based on
        commercial dynamics.     All these e-mails will be  forwarded.   Once
these
        issues related to the GTCs are resolved, the tariff for bandwidth
trading should
        be filed, going through Michelle Chan.

        NB:  See Michelle Chan e-mail of 1/09/01 which being forwarded
separately.

     (c)  Tariff for Media Cast under IVANS license:

       I worked with Leroy Ho and Ken Wang in December and we submitted the
main
       part of the Media Cast tariff to Michelle Chan.   However, we still
need to get the
       Terms and Conditions for Media Cast from Robbi Rossi or Michelle Heard
and
       attach them to the tariff diagrams and submit them to Michelle Chan.

       NB:   See my e-mail to Michelle Chan of Dec 21 which being repeated.
       Someone needs to work with EBS legal to get the T and C's for Media
Cast to Michelle
       or to set up direct channel between EBS legal and Michelle Chan as in
       the case of the exchanges on the T and C's for Bandwidth trading
referred
       to above.

      (d)   Overall change of responsibility for EBS Regulatory HK

        Michael,  or whomever will be taking over these responsibilities,
should
        get from Michelle Chan of Clifford Chance Hong Kong a fresh copy of
        Alison Lindsay's letter to Xi Xi of October 2000 stating that we
received
        our licenses and setting forth in detail all of the requirements.
This is the
        master document ("bible") on compliance under our licenses and will
catch any
        detail not included above.   For example:

            - my successor should also file a new form with OFTA,  the Hong
Kong
              regulator (form is included in the attachments to the letter)
naming
              himself the point of contact, replacing me.    Michelle Chan
can forward
              the letter to the regulator.

           -  we will need to be selecting an independent auditor to certify
certain routine
              reports we may need to file in future.   I have not started on
that.

3.    Korea

       Robbi Rossi needs to call Kim and Chang (law firm we use in Korea)
       to authorize them to research and provide advice to us on how to
handle
       the apparent regulatory impediment to Bandwidth Trading in Korea that
       we identified during my November trip.

       Once Kim and Chang starts work on this, someone from regulatory should
       be made available to help guide Kim and Chang on our regulatory
       questions, in coordination with Robbi Rossi.

       The key e-mails are (a) one from me outlining the overall problem and
        some suggestions for dealing with it ;  (b) one from Jan Haizmann
with
        some additional and in some cases alternative suggestions on how
        to deal with it,  (c)  two from Jae Moo Lee in Korea with additional
        points of view.  These will be forwarded.

  4.   Japan

       Our regulatory consultant is Art Yanagawa.   Contact info below.  Mike
Grimes
       and I have been in meetings with him and  Mike is fully briefed to
carry on the
       on-the-ground  part of contacts with Art.   Art also responds to
Donald and
       Roger Estrada and relies on them for guidance and input.

      At some point it should be thought through who should be the point
person
      to manage  this contract and approve payments, or decide to leave things
      as they are with approvals done in Houston.    The present system works
but
      it is not clear to me who is responsible for what.

      Art has prepared the amendment to our Special Type 2  license to add
      service to other destinations.   The latest status was that he was
holding
      the amendment over the holidays while clarifying some points raised by
      Mike Grimes.    Someone needs to be assigned responsibility for
      getting the amendment through.

      General Concern:

      A more general regulatory concern for us in Japan is that our
consultant
      advises us that we cannot use the term bandwidth trading  in
      communications with the government because it is not something
      contemplated in the Telecom Business Law,  so is prohibited if
      stated as we would state it elsewhere.

      We therefore are having to go through elaborate contortions to make
      what we are planning to do actually look like we are doing something
      else.    I admit that I agree with the approach we are taking for now
and
      can offer nothing better for the immediate term.

      However, I would say that long term we are running some risks.    If we
      are going to make Japan  one of the centerpieces of our  Asia EBS
      strategy,   I think we need to consider devoting more full time EBS
      regulatory resources to Japan exclusively.

       The allocation problem is that whatever regulatory resources we apply
       have to focus on  immediate license amendment  and operational
       questions that drive out time to work effectively on long term
       issues such as how to go about amending the Telecommunications
       Business Law  to allow bandwidth trading explicitly.    This would seem
       important to reduce long term risks to our business strategy.

5.    "Digital Divide"

       I had been giving intermittent support to helping Scott Yeager and
Justin
       Cornett of EBS, and Will Reed of Technology for All, figure out how
       to expand the concept of Technology for All to Asia.    The strategy
       was to utilize some of Japan's $15 billion pledge of funds to support
       digital divide activities in Asia - to support the expansion into Asia
of
       the EBS-supported TFA model.    This work will cease unless it can
       be picked up by Laura Lannarone of corporate social responsbility
       or Steve Burns of the DC office.

6.   KEY CONTACTS for operational items in this memo:

(a)   SBO License:  InfoCom Development Authority of Singapore

        (1)  Ms. Fiona Yeo, Asst Dir Competiton  - 211-1824
        (2)  Mr. Andrew Haire - Senior Director Policy and Regulation -
211-1731
        (3)  Ms Hema Ramnani - Manager- Policy   211-1860
        (4)  Ms Aileen Chia, Deputy Director, Economic Regulation - 211-1883
        (5)  Ms Ng Cher Keng, Director, Policy - 211-1828

(b)  Pioneer Tax Status:  Economic Development Board

       (1)  Chelsia LIM - Senior Officer Infocomms and Media - 832-6676
              <chelsial@edb.gov.sg>
       (2)  Bernard NEE -  Head, Infocomms and Media - 832-6964
       (3)  Sean LOW - Senior Officer Infocomms and Media - 832-6260
              <seanlow@edb.gov.sg>
       (4)   LEE Eng Keat - same as above - 832-6006

(c)  Arthur D Little proposal

        (1)  Simon MacCormac - Associate Director
              297-2300
              <maccormac.simon@adlittle.com>

        (2) Peter J Connell - Vice President
               207-2300
             <connell.peter@adlittle.com>

(d)  Hong Kong License filings:

       (1)  Michelle Chan  852-2825-8888
              <michelle.chan@cliffordchance.com>

       (2)  Alison Lindsay
               <alison.lindsay@cliffordchance.com>

        (3)  OFTA:  M.H. Au
               Senior Asst Director (Regulation)
               852-2961-6688
               <mhau@ofta.gov.hk>

(e)  Japan Telecom regulatory consultant to  EBS:

       Art Yanagawa
       81-3-5418-7056
       <arthur@asianet.co.jp>

David

       for example, the option of whether we can break bandwidth trading
functions
       out of the entity


Jill,
Ryan Slinger previously had a plan set up. It looks like our AT&T rep switched him back to the group calling plan. Please check with Ryan and he will let you know what he needs.
Thanks,
Bill

 -----Original Message-----
From: 	Chatterton, Jill
Sent:	Friday, September 14, 2001 10:33 AM
To:	DL-Portland Real Time Shift
Subject:	Cellular Phone Bill

Effective October 1st Real Time individuals will be responsible for anything over $55.00 on their AT&T bill.  As of now you all have 200 minutes per month plus free calling within your group all the time.  You are welcome to come look at recent and old bills to see approximately how many minutes you use within a month.    This might help you to choose a plan that might better suit you.  I urge you to do this soon so you are not stuck with a huge bill in October.  If you decide to go against the group calling plan you will have to remember your minutes talking within the Real Time group will be accounted for.

I'll list some plans that are available.  If you are working at night and are not able to get a hold of me, please e-mail me with your decision and I will take care of it.

AT&T Digital One Rate - Nationwide Flat Rate Plans

Monthly            Included            After Inc.
Service             Minutes             Minutes
$59.99		450		$0.35
$79.99		650		$0.35
$99.99		900		$0.25
$119.99		1100		$0.25
$149.99		1500		$0.25
$199.99		2000		$0.25

- NO Roaming Charges in the US
- NO Long Distance Charges in US

Thanks, Jill
work number (503) 464-8216


Dear John,

I had a meeting with Phillip after our morning discussion about P&L and it
seems that there may be some issues regarding how I run my book.  It was my
mistake about whether or not the put options for April Socal were booked
properly.  The options were booked properly by Larry May and my Book runners
and the profit was realized for 03/08.   My apologies for declaring that the
options were not in my position.  Also, the tolls curves are not treated as
schedule C.  I will adjust the tolls curves to account for basis curveshift
as needed.  My P&L did not match the Socal position because of physical index
curveshift and an adjustment to transport.

The discussion and feedback from Phillip regarding your conversation with him
concerns me.  I am confident that I run the most accurate physical and
financial trading book within Enron.   I will stand on the fact that no one
within the market has a better understanding of his/her position better than
I.  The physical/financial risk in my book is managed to a standard not seen
at Enron since I have been here.   Few people realize the great lengths I go
to to manage the risk in the IM West trading book.

I am transitioning from my role as a trader on the west desk to one that it
is responsible for communicating with you directly.  Let's get together and
discuss exactly what my responsibilities to you will be going forward.   It
may be that I relied to heavily on my subordination to Phillip Allen up until
this point.  This may have contributed to my miscommunication with you.  I
will see that this will not happen in the future.  Thank you for all of my
added responsibilities.

Sincerely,
Mike Grigsby


AGA for 11/10/00 is -6 W/D


Hey...
Ya'll are in Vegas and I;m sorry I missed the show..... like Wayne says...
miss you guys.....

Supposedly, Im done as of today... Friday.... I still need to do my separation
bullshit... but hopefully, that won;t be any big deal.... I', off for spring
break with the family.... going to tour the hill country...... I'm still on
with detm..... hopefully, everything will work out for the best.

You will receive this after you return from Vegas.... hope it was fun..... and
let me know about the house.... congrats in are order for you and
Shannon...... let me know how I can help.....

Talk to you soon.... I'm back Wednesday the 15th ???  we need to grab a
beverage soon.... talk to you then... tell the guys I said hi.....

LATE

Don.Baughman@enron.com wrote:

Yo, BUBA,

Que pasa?  What's goin on over there?  Haven't heard from you in a while.
Same bull-shit here.  Talk to Kim Melodick this week?  Is DETM still holdin
in there?  Goin to Vegas today, wish you could go.  Buyin the house looks
like  a GO!   Will close on April 6, might need a little help movin.  Call
when you have a chance!

Late,

Don

____________________________________________________________________
Get free email and a permanent address at http://www.netaddress.com/?N=1


Pls send Mo Movahed at Softknot the NDA that was drafted.  Thanks

mmovahed@softknot.com

pf


----- Forwarded by Miyung Buster/ENRON_DEVELOPMENT on 10/09/2000 11:03 AM
-----

	djcustomclips@djinteractive.com
	10/06/2000 04:15 PM
	Please respond to nobody

		 To: 86464@WCTOPICS.djnr.com
		 cc:
		 Subject: Utilities, Electric: Deregulation: California Electricity
Management Agency Approves ...

California Electricity Management Agency Approves Temporary Power Plants
Anne C. Mulkern
?
10/05/2000
KRTBN Knight-Ridder Tribune Business News: The Orange County Register -
California
Copyright (C) 2000 KRTBN Knight Ridder Tribune Business News; Source: World
Reporter (TM)

State electricity managers voted Wednesday to pay private companies as much
as $765 million over three years to build and run temporary power plants
aimed at preventing blackouts next summer.

The Independent System Operator, the agency that controls 75 percent of the
state's power grid, said it had no choice but to approve the plants, which
can generate a combined 2,000 megawatts -- enough to power 2 million homes.
Even with those new plants, the estimated demand for electricity next summer
exceeds supplies by about 3,000 megawatts.

Calling the state's deregulated electricity market "a complete train wreck,"
board members said they needed to act immediately.

Under legislation passed last month, smaller plants can be approved in as
little as four months. But applications for those plants have to be submitted
by Oct. 31.

The plants, which can be built by June 2001, are more expensive to run and
pollute more than larger plants. They will only run on days of peak demand.

The cost of building and running the new plants likely will be passed on to
ratepayers, but the details have not been worked out. Board members could not
say how much it would cost each consumer.

Electricity prices surged this summer when demand for power exceeded
supplies. Under deregulation, which began in 1998, the ISO pays whatever it
deems necessary to buy more electricity in an emergency. The agency has spent
more than $100 million this year for such purchases, a cost paid by consumers
in their bills.

Consumer advocates said the vote to approve so-called peaker plants signals a
partial re-regulation of the state's electricity market. Companies building
the plants will be paid a guaranteed return of 16.6 percent for at least
three years. ISO staff will choose them from among 69 companies that
submitted bids.

One consumer advocate, however, said the move could protect the ISO from
spending even more.

"We're recognizing that it's not going to be appropriate to just let the
market function willy-nilly, because it may fail," said Michael Shames,
executive director of Utility Consumers' Action Network in San Diego. "Given
the extreme we're at, a little more regulation makes it a little more
reasonable."

Folder Name: Utilities, Electric: Deregulation
Relevance Score on Scale of 100: 97

______________________________________________________________________
To review or revise your folder, visit Dow Jones CustomClips or contact Dow
Jones Customer  Service by e-mail at custom.news@bis.dowjones.com or by phone
at 800-369-7466. (Outside the U.S. and  Canada, call 609-452-1511 or contact
your local sales representative.)
______________________________________________________________________
Copyright (c) 2000 Dow Jones &Company, Inc. All Rights Reserved


The attached is an update on the Feinstein bill
Date: Thu, 10 May 2001 14:25:58 -0500
From: "D. Michael Stroud" <mstroud@bracepatt.com>
To: "Andrea Settanni" <asettanni@bracepatt.com>
Cc: "Gene Godley" <ggodley@bracepatt.com>, "Marc Hebert"
<mhebert@bracepatt.com>
Subject: Status- S. 764
Mime-Version: 1.0
Content-Type: multipart/mixed; boundary="=_9DC65135.0A6B0BCD"

Andrea-

I received some additional information on your request for the status update
of S. 764.

According to Sen. Feinstein's staff, S. 764 is with the Sen. Energy and
Natural Resource Committee and is ready for mark-up.  The Committee is aware
of the substance of the bill because the Senator already introduced bills
S.26 and S.287 which both would direct the federal government to place "cost
of service" based rates on electric energy in the western states.

Moreover, in the House of Representatives today, the Energy and Commerce
Committee, Subcommittee on Energy and Air Quality held a mark-up of a bill,
H.R. 1647, requiring FERC to establish a clearinghouse for the purchase of
electric energy during electric emergencies.  Rep. Waxman (D-CA) offered Sen.
Feinstein's language from S.764 as an amendment to H.R. 1647.  The amendment
failed, but was eagerly watched by those in the government and industry.

Finally, it is my understanding that Senator Feinstein will be writing
personally to all of the major natural gas and electric companies in
California asking them to support the Williams position.

Please call with any questions.

-Mike Stroud

 - M00062DA_1.TIF


Please assign in the morning for preparation on Friday, Nov. 17.  Whoever
receives needs to call Chris Foster in Portland to coordinate.  Thanks.  sara
----- Forwarded by Sara Shackleton/HOU/ECT on 11/16/2000 07:11 PM -----

	Tracy Ngo
	11/16/2000 05:28 PM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc: Susan Bailey/HOU/ECT@ECT, Stephanie Panus/NA/Enron@Enron, Samantha
Boyd/NA/Enron@Enron, Edward Sacks/Corp/Enron@Enron, Wendy
Conwell/NA/Enron@ENRON, Veronica Gonzalez/HOU/ECT@ECT, Chris H
Foster/HOU/ECT@ECT
		 Subject: Southern California Water Company

Sara,

Per the request of Chris Foster, attached please find a credit worksheet for
a draft Master ISDA Agreement between ENA and Southern California Water
Company.  Please let me know if you have any questions.

Regards,
Tracy
503-464-8755


See attached

From: Karen Denne/ENRON@enronXgate on 07/12/2001 08:33 PM

To: Jim Fallon/Enron Communications@Enron Communications, Ken Rice/Enron
Communications@Enron Communications

cc: Mark Palmer/ENRON@enronXgate, Steven J Kean/NA/Enron@Enron, Kelly
Kimberly/Enron Communications@Enron Communications

Subject: EBS Article for eBiz

Jim and Ken --

Attached is an article for eBiz (our biweekly online newsletter), which we
are scheduled to launch at 7:30 a.m. Friday.  Kelly Kimberly has reviewed it,
but has asked that you view the article as well.  Since only EBS employees
received your memo about the restructuring -- and the rest of the employees
did not receive any communication -- it is extremely important to provide
information through this vehicle.

Please let me know of your approval or if you have any questions.

Thank you.
Karen
x39757


Hello everyone,

Today we have Grant Masson spreaking in our options pricing seminar series.
Grant's topic is  "Marginal Value at Risk".   It will be held at 12 noon at
19C2.

We  thank you for your participation.

Zimin Lu
Alex Huang


From what I understand, David Oxley walked someone out the earlier door today for posting in on an internet bulletin board.  I am trying to get details.  Did he run the termination by either of you?

In any case, I've been told that he wants to publish a memo saying someone's been fired for breaking the rules.  I think that is a very, very bad idea.  So, I've drafted a reminder to give to David to publish instead.  Please let me know your thoughts.

--Lizzette.