Today we released additional information about our related party and off-balance sheet transactions.  We have made this information available both on our website and in a Form 8-K filing with the Securities and Exchange Commission (SEC).

The information provides further details about:

	-- the $1.2 billion charge to shareholders' equity announced in the third quarter and the transactions related to that charge;
	-- a restatement of prior years' financial statements to reflect this reduction in shareholders' equity, the consolidation of     three entities and prior year proposed audit adjustments and reclassifications;
	-- the Special Committee appointed by the Enron Board of Directors to review transactions between Enron and related parties;
	-- the LJM limited partnerships, including a discussion of transactions between Enron and LJM entities; and
	-- transactions between Enron and other Enron employees.

This information addresses a number of concerns that have been raised by our shareholders and the SEC.  As our Board's new Special Committee continues its review of various matters, we will continue to cooperate fully with the SEC in its investigation, and we will continue to respond to investor requests so that they can evaluate, appreciate and appropriately value the strength of our core businesses.

Restatement of Earnings

Based on information that we have recently obtained, Enron and its auditors determined that certain off-balance sheet entities should have been included in Enron's consolidated financial statements pursuant to generally accepted accounting principles.  As a result, Enron will restate its financial statements from 1997 to 2000 and for the first and second quarters of 2001.  These restatements have no material effect on Enron's current financial position.  Here are some details included in the filing:

Net income for each period will be impacted by the retroactive consolidation of Joint Energy Development Investments (JEDI) and Chewco beginning in November 1997, the consolidation of an LJM1 subsidiary for 1999 and 2000 and prior year proposed audit adjustments.  Enron's current assessment indicates that the restatement will include:

	-- a reduction of approximately $96 million in 1997
	-- a reduction of approximately $113 million in 1998
	-- a reduction of approximately $250 million in 1999
	-- a reduction of approximately $132 million in 2000
	-- an increase of approximately $17 million for the first quarter of 2001
	-- an increase of approximately $5 million for the second quarter of 2001
	-- a reduction of $17 million for the third quarter of 2001.

The consolidation of JEDI and Chewco also will increase Enron's debt by approximately $711 million in 1997, $561 million in 1998, $685 million in 1999 and $628 million in 2000.

The restatement will have no material impact on Enron's reported earnings for the nine-month period ending September 2001.

You can obtain more detailed information on the items described above by accessing the Form 8-K filing at <http://www.enron.com/corp/sec/>.

We will continue to review our strategic, operational and financial position, and we will continue to keep you updated on any developments.


Interested ?

Contact directly.

Thanks.

 -----Original Message-----
From: 	Jones, Lisa
Sent:	Wednesday, July 18, 2001 2:49 PM
To:	Will, Lloyd
Subject:	Analyst Resume - Ali Ahmed

Attached is a resume per your request.  You may contact him directly if interested.  Please let me know if you have any questions.

Thank you,

Lisa Jones
Associate & Analyst Program
Career Development
x3-5213


CNN website (see link below).  I printed the entire report yesterday.  213 pages.  Note that page 52/54-63 come out blank and you had to print individually or at least I did.

http://i.cnn.net/cnn/2002/LAW/02/02/enron.report/powers.report.pdf


The purpose is to share and discuss:

The scripts for the three application options
The team assignments and status of ongoing customer discussions
Pricing alternatives
Support issues.


I have not received it yet.

 -----Original Message-----
From: 	Graham, Carolyn
Sent:	Monday, November 26, 2001 3:15 PM
To:	Nemec, Gerald
Subject:	FW: WorldCom Calling Card

Pls confirm that you have received your new WCom calling card.   Thank you.

Carolyn Graham
Enron NetWorks LLC
Vendor Management
713-345-8008


Here are my comments, spice girl.


Dan Masters@ECT
04/12/2001 03:36 PM
To:	Tammy Gilmore/NA/Enron@ENRON
cc:	Diane Ellstrom, Donnie Myers/NA/Enron@ENRON

Subject:	Re: Gas at Trunkline Lake Charles

Tammy-

Since I never heard back from you I assume this is agreeable to you as well.  Please respond one way or the other so we can get the books closed.

Thanks,
Dan Masters
---------------------- Forwarded by Dan Masters/HOU/ECT on 04/12/2001 03:28 PM ---------------------------

"Debbie A. Bradbury" <dabradbury@cmsenergy.com> on 04/09/2001 07:52:30 AM
To:	"Dan.Masters" <Dan.Masters@enron.com>
cc:
Subject:	Re: Gas at Trunkline Lake Charles

That would be fine with me to settle up in January, 2002. Thanks.

Dan.Masters@enron.com on 04/06/2001 05:43:24 PM

To:   Tammy.Gilmore@enron.com
cc:   "Debbie A. Bradbury" <dabradbury@cmsenergy.com>
Subject:  Re: Gas at Trunkline Lake Charles

The sendout for that April 16 delivery on the "Hoegh Galleon" begins on May
1, then is ratable through January 31, 2002 on the rest (5 more) of the
"Hoegh Galleon" cargoes.  I would be in favor of settling up at the end of
January for all 6 cargoes since we'll have overage/underage every month.
Let me know what you think.
Dan

 (Embedded
 image moved
 to file:      From:  Tammy Gilmore
 pic26173.pcx) 04/06/2001 02:40 PM

To:   "Debbie A. Bradbury" <dabradbury@cmsenergy.com>
cc:   Dan Masters/HOU/ECT@ECT
Subject:  Re: Gas at Trunkline Lake Charles  (Document link: Dan Masters)

Trunkline just called me to tell me that we received 16,595 mmbtu too much
from LNG in the month of March.   There is another ship due to come in on
April 16th.   Trunkline has suggested that we take 16,595 less then what we
are expecting, in order to make up for the March imbalance.

"Debbie A. Bradbury" <dabradbury@cmsenergy.com> on 04/06/2001 02:07:43 PM

To:   "Dan.Masters" <Dan.Masters@enron.com>
cc:   "Tammy.Gilmore" <Tammy.Gilmore@enron.com>, "ghughes"
      <ghughes@cmsenergy.com>

Subject:  Re: Gas at Trunkline Lake Charles

Here is a spreadsheet showing your ending balance as of 3/31/01.

(See attached file: enron1lng.xls)

Dan.Masters@enron.com on 04/03/2001 01:08:52 PM

To:   Tammy.Gilmore@enron.com
cc:   ghughes@cmsenergy.com, dabradbury@cmsenergy.com,
      jeo'leary@cmsenergy.com
Subject:  Re: Gas at Trunkline Lake Charles

Tammy-
Following up on the email below, I show that between the two cargoes we
delivered, Enron LNG Marketing will be billing Enron North America for a
total of 5,759,994 MMBtu on our various contracts.  CMS Trunkline delivered
5,776,300 MMBtu of gas through the pipeline, or 16,306 MMBtu excess. This
16,306 MMBtu is to be handled directly between Trunkline and Enron North
America.
Please let me know if you disagree with any of these figures.
Dan

Dan Masters
02/28/2001 04:44 PM

To:   Tammy Gilmore/NA/Enron@ENRON
cc:   ghughes@cmsenergy.com, dabradbury@cmsenergy.com
Subject:  Gas at Trunkline Lake Charles

Tammy-
I never heard back from Jim O'leary at Trunkline, but just to make sure we
are on the same page I wanted to confirm our quantities for this month.

From the "LNG Jamal" you should get 3,104,896 MMBtu total in March.  Please
have the contract for the last 51,396 MMBtu faxed to me at 713-646-6560.

From the "Matthew" you should get 2,720,000 MMBtu total in March.  This
number is approximate and will change to an exact number after arrival of
the "Matthew" around Mar 10, however I undertand the gas will be delivered
starting March 1 from Trunkline.

After we get the exact figure from the discharge of the "Matthew" I will
send out another email to show the total amount you will receive from us in
March.  Any quantities over or under this amount should be reconciled
between Enron North America and Trunkline.

Thanks and regards,
Dan Masters

(See attached file: enron1lng.xls)

(See attached file: pic26173.pcx)
(See attached file: enron1lng.xls)

 - pic26173.pcx
 - enron1lng.xls


I have received several calls this morning regarding the above, so apparently
there is some doubt.  Please be advised that the executive committee will not
meet today.  Further, due to travel schedules and the holidays, executive
committee meetings will not be held on Monday, December 18 or Monday,
December 25.

Please make note that the next executive committee meeting will be held on
Tuesday, January 2, 2001at 11:00 a.m. in EB50 Boardroom.

Don't hesitate to contact me should you have any questions.

Regards and Happy Holidays!
Sherri
x3-5984


------------------------------------------------------------------------------
------------------------
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

May 11, 2001 5:00pm through May 14, 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:  EES
Time:  Sat 5/12/2001 at   1:00:00 PM CT thru Sat 5/12/2001 at  5:00:00 PM CT
 Sat 5/12/2001 at 11:00:00 AM PT thru Sat 5/12/2001 at  3:00:00 PM PT
 Sat 5/12/2001 at  7:00:00 PM London thru Sat 5/12/2001 at  11:00:00 PM London
Outage:  Move vlans for EES in Enron Building
Environments Impacted:  EES in Enron Building
Purpose: Provide more capacity to the network
Backout: paste in old configs
Contact(s):  Gail Kettenbrink    713-853-4524
  Michael Huang      713-345-3201

FIELD SERVICES:  No Scheduled Outages.

INTERNET: No Scheduled Outages.

MESSAGING: No Scheduled Outages.

MARKET DATA: No Scheduled Outages.

NT: No Scheduled Outages.

OS/2:  No Scheduled Outages.

OTHER SYSTEMS:
Impact:  Corp, OTS, ETS
DATE:  MAY 15, 2001/2/2001 at  5:30:00 PM
Outage:  Migrate DSS Server to GTHOU-APPSQ03P
Environments Impacted:  DSS users will not be able to access the old server
(ENEDS01_ADAPT)after this date
Purpose: The existing server is outdated, migrating to SQL 2000 provides
increased
functionality and conforms to database platform requirements.
Backout:
Contact(s):  Mary Vollmer          713-853-3381
  Joe Hellsten           713-853-7346      713-545-4164

Impact:  CORP
Time:  Fri 5/11/2001 at  8:00:00 PM CT thru Sat 5/12/2001 at  10:00:00 PM CT
 Fri 5/11/2001 at  6:00:00 PM PT thru Sat 5/12/2001 at    8:00:00 PM PT
 Sat 5/12/2001 at  2:00:00 AM London thru Sun 5/13/2001 at  4:00:00 AM London
Outage:  CPU replacement on server sennacca.
Environments Impacted:  RMS
Purpose: Replace faulty CPU that is offline.
Backout: Restore server to old configuration.
Contact(s):  Malcolm Wells    713-345-3716

Impact:  CORP
Time:  Fri 5/11/2001 at  5:00:00 PM CT thru Fri 5/11/2001 at  5:15:00 PM CT
 Fri 5/11/2001 at  3:00:00 PM PT thru Fri 5/11/2001 at  3:15:00 PM PT
 Fri 5/11/2001 at  11:00:00 PM London thru Fri 5/11/2001 at  11:15:00 PM
London
Outage:  Decommission of the following servers:  intra, intra-dev, conman1,
aserv1, ardent, dbadmin
Environments Impacted:  Corp
Purpose: Server no longer used.  The servers will be decommissioned or
redeployed where necessary.
Backout:
Contact(s):  Malcolm Wells    713-345-3716

Impact:  CORP
Time:  Sat 5/12/2001 at   2:00:00 AM CT thru Sun 5/13/2001 at  5:00:00 PM CT
 Sat 5/12/2001 at 12:00:00 AM PT thru Sun 5/13/2001 at  3:00:00 PM PT
 Sat 5/12/2001 at  8:00:00 AM London thru Sun 5/13/2001 at 11:00:00 PM London
Outage:  Resource and OS upgrade to server fracture.
Environments Impacted:  Global company RMS  ECM
Purpose: An OS upgrade is needed to provide the disk upgrade solution.
Additionanl memory is needed as well.
Backout: Attach the old disk solution and reboot to old configuration.
Contact(s):  Malcolm Wells    713-345-3716

Impact:  ENA
Time:  Sat 5/12/2001 at  10:00:00 PM CT thru Sat 5/12/2001 at  10:15:00 PM CT
 Sat 5/12/2001 at    8:00:00 PM PT thru Sat 5/12/2001 at     8:15:00 PM PT
 Sun 5/13/2001 at  4:00:00 AM London thru Sun 5/13/2001 at  4:15:00 AM London
Outage:  Bounce PWRPROD1 database
Environments Impacted:  Enpower User
Purpose: Change some configuration to improve database performance
Backout: Use the old parameter file.
Contact(s):  Tantra Invedy  713 853 4304

SITARA:  No Scheduled Outages.

SUN/OSS SYSTEM: No Scheduled Outages.

TELEPHONY:
Impact:
Time:  Sat 5/12/2001 at  10:00:00 PM CT thru Sun 5/13/2001 at  1:00:00 AM CT
 Sat 5/12/2001 at    8:00:00 PM PT thru Sat 5/12/2001 at 11:00:00 PM PT
 Sun 5/13/2001 at  4:00:00 AM London thru Sun 5/13/2001 at  7:00:00 AM London
Outage:  Quarterly Maintenance - Telephone System
Environments Impacted:  All
Purpose: Quarterly maintenance. While voicemail nodes are being serviced (one
box at a time), a slight disruption will be experienced.
Messages will continue to be stored but will not be delivered until each node
of voicemail is back up and operational.
CMS call center management reporting will not be availalble during this
time.
Backout:
Contact(s):  Cynthia Siniard    713-853-0558

TERMINAL SERVER:  No Scheduled Outages.

UNIFY:
Impact:  CORP
Time:  Fri 5/11/2001 at  6:00:00 PM CT thru Fri 5/11/2001 at  7:00:00 PM CT
 Fri 5/11/2001 at  4:00:00 PM PT thru Fri 5/11/2001 at  5:00:00 PM PT
 Sat 5/12/2001 at 12:00:00 AM London thru Sat 5/12/2001 at  1:00:00 AM London
Outage:  Memory replacement for server electron.
Environments Impacted:  Unify Users
Purpose: Replace faulty memory module.
Backout: Get new memory if necessary
Restart server with out memory as last resort
Contact(s):  Malcolm Wells    713-345-3716

------------------------------------------------------------------------------
-----------------------------------------------
        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


I understand completely.  Those ear infections can be very painful.  Nothing
can get to you like your kid in pain.  If it makes you feel any better I have
a 20year old (I can't believe it) and a 6 year old (even more unbelievable),
and both have a lot of allergies and sinus infections, etc.  My oldest  also
had a lot of ear infections, and it seemed to be painful.  But she out grew
the problem.

I expect to be in town Mon-Thurs, with high hopes of taking Friday off to
join my husband at his officer's meeting in San Antonio.

Kay

From: Gregg Penman on 10/22/2000 11:02 AM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: Re: Waiver

Thanks for the quick turnaround. My apologies again for not getting back to
you on Friday.  It turns out that my daughter  now officially has her first
ear infection.  The joys of parenthood.  Talk to you on Monday.

Gregg


This deal is entered as 7 - 22, every day of the week.  Usually it is 7 -22,
M - S or 1 -24, every day of the week.  Can you check into this and let me
know if it is correct?

Thanks!


nope.  will keep trying...

-----Original Message-----
From: Miller, Stephanie
Sent: Tue 8/28/2001 1:45 PM
To: Dasovich, Jeff
Cc:
Subject: wild goose PUC filing

any luck on getting a copy?


-----Original Message-----
From: Nicolay, Christi L.
Sent: Monday, October 22, 2001 1:26 PM
To: Kitchen, Louise; Dietrich, Janet; Delainey, David; SMITH, Douglas; Lavorato, John; Black, Don; Forster, David; Duran, W. David; Belden, Tim; Calger, Christopher F.; Foster, Chris H.; Black, Tamara Jae; Aucoin, Berney C. ; Furrow, Dale; Meyn, Jim; Harvey, Claudette; Presto, Kevin M.; Jacoby, Ben
Subject: FW: RTO Week -- Summary of Standards and Practices Panel

FYI.

TJ and Claudette--Please forward to your groups.  Thanks.
-----Original Message-----
From: Rodriquez, Andy
Sent: Thursday, October 18, 2001 4:46 PM

Standardizing Markets, Business, and Other Practices <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

Panelists for this discussion were:  Sarah Barpoulis, PG&E National Energy Group; William P. Boswell, GISB; Bill Burkes (substituting for David J. Christiano), City Utilities of Springfield, Missouri; David N. Cook, NERC General Counsel; Michael Kormos PJM Interconnection; LeRoy Koppendrayer, Minnesota Public Utilities Commission; and Marty Mennes, Florida Power & Light Company.

 General Observations

 The Commissioners were all present the majority of the time (Massey left late in the  afternoon).  FERC Staff was active in the discussion; however, the commissioners were very active as well, asking perhaps as much as 70% of all questions.  There was a general consensus that standards were needed; much discussion focused simply on how much and by who. The Commission seemed very interested in leaning what they needed to do to move the industry forward and how far they needed to go.  Panelists urged the need to mover forward as quickly as possible, but both they and FERC seemed to recognize that some of the issues regarding standardized market design and such needed to be addressed before RTOs could really begin to move forward.  There was discussion on identifying which industry group (NERC or GISB) would take the reins in the future.  On an interesting tangential note, there was noticeable conflict between NERC and GISB, with veiled insults between the two organizations somewhat common during the discussions.

 FERC Deliverables

A great deal of the discussions focused on identifying what the industry needed from the Commission.  Staffers probed all panelists to find what they felt was critical.

The first major topic was "How many RTOs?  What is their scope?"  All panelists seemed to agree that this question needed to be answered immediately by FERC, in strong definitive language.  N o one offered any specific language, but seemed to be urging FERC to issue a formal statement.

The next topic was, "What will be standard market design?"  Panelists varied on this, but most felt strong guidance from FERC is urgent.  Some urged for one mandatory design for North America, one supported a set of rigid standard designs, one supported a single design with requests for exceptions (followed by an in-depth review process), and one seemed to prefer the current situation.

The commission in general seemed to be very interested in understanding what the industry needed to move forward.  They continually visited this topic throughout their discussions, asking questions like, "Do we need to issue a Mega-Order that addresses all these issues?" and, "How much detail do you need us to provide?"   General feel from the panelsists seemed to be they wanted strong leadership in this areas.  Kormos and Burkes went so far as to say FERC should "Mandate as much as they felt comfortable - and then go a little further."  Others seemed to be a little worried about this idea, but in general did not oppose the concept, citing only general warnings and the need for cautious investigation.

One item of interest: Wood referred to the filing made by the Electronic Scheduling Collaborative and specifically asked if the items identified in the "RTO Design and RTO Implementation" section would address many of the questions and uncertainty facing the industry with regard to RTO design.  Kormos indicated that clear and specific answers to these questions specifying a course of action would go a long way toward guiding the industry.  The section to which Wood referred was one that I wrote, and asked the following questions:

?         Congestion Management - When Operational Security Violations occur, how is the system to be stabilized in a fair and equitable manner that is nonetheless efficient?  Will LMP based systems be standard, or will there be others that must be accommodated?

?         Transmission Service  - Are transmission services required to schedule ("covered" schedules only), or are they risk management tools protecting from congestion charges (both "covered" and "uncovered" schedules are allowed)?

?         Loop Flows  - Are contract-path based or flow-based transmission services appropriate?  If contract-path based, how are parallel path issues to be addressed?

?         Grandfathered Transmission Service - Should contracts existing prior to RTO development be transferred, or is there an equitable way to retire those contracts?  Are there other solutions?

?         Energy Imbalance Markets - How are imbalance markets to function? Will they serve as real-time energy markets (support unbalanced schedules), be limited to supplying needs of imbalance service (require balanced schedules), or will they be required at all?

?         Ancillary Services - Will ancillary service markets be developed in standard ways?  Will entities be required to actually schedule ancillary services (required to schedule), or will they be treated primarily as financial instruments (protecting against real-time POLR charges)?

?         Losses - Can we utilize the imbalance markets to support losses?  Can we create specific loss standards that facilitate the scheduling process, or must we support methods that are currently in tariffs, but technically unwieldy?

?         Non-Jurisdictionals - How are non-jurisdictionals to be integrated into the new world?  Should systems be designed with the assumption that non-jurisdictional will be part of an RTO?  Or should they be designed to treat each NJE as a separate entity?

Hopefully, FERC will use this section as a template to answer these critical questions in an assertive manner, and give some solid direction in which to move. Kormos emphasized the need for concrete answers to these questions, pointing out that vague answers (i.e., "do congestion management") will take a year or two to resolve, but specific answers (i.e., "LMP with financial hedging instruments") will take only months.  The Commission asked Mike about moving forward, and he told them that effectively, it was impossible to move forward with implementation without getting these issues addressed.

Now for a  funny point - One of the commissioners (I think Breathitt) referred to some concerns expressed in the Northwest that their high concentration of hydro power makes LMP inefficient for the Northwest.  Kormos flat out said, "My profession is understanding how power systems work, and I don't believe that that statement is true."  He then backpedaled a bit and said that it would need more study, but he stood by his statement that the assertion by the Northwest interests was false.

NERC and GISB

A great deal of discussion focused around the need for a single standard-setting organization.  Massey went so far as to ask, "Are we looking at a beauty contest between NERC and GISB?"  Cook and Boswell then went into several short polite jabs at each other's organizations.  Other participants continually reiterated the need for ONE, INDEPENDENT organization.  Interestingly, Boswell was very emphatic about the established trust and respect in GISB, while Cook preferred to only talk about the "new" structure of NERC and did not focus on its history.

Brownell offered some not-too-subtle passive support of GISB by pointedly asking both Cook and Boswell if they lobbied political positions (i.e., were they not only an organization but also a stakeholder?).  GISB was easily able to say they were not, but NERC of course had to admit to their romancing of Congress and the Bush administration for reliability legislation. Point, Brownell.

Mennes acted as somewhat of a supporter for NERC, playing Dave Cook's yes-man.  He probably did them a little bit of harm by pointing to NERC's supposed "successes," such as TLR and E-Tag.  If staffers have tenure, they will likely remember that these "successes" have not been so successful, resulting in several filings and interventions.  We may also wish to file comments in specific objection to these claims, to refresh their memory and to show the pretty picture Marty painted was in fact a fiction.

There was a little discussion about splitting reliability and market issues, but general consensus was that I could not be done.  There was also some talk of folding NERC under GISB/EISB.

The arguments began winding down after a some time, and Boswell strongly urged the Commission to speak to industry executives and advocacy group leadership to see whether NERC or GISB should lead the industry forward.  NERC somewhat less enthusiastically supported this position.  In general, I would say it was a close fight but GISB came out more on top.

Let me know if you have any questions.

Andy Rodriquez
Regulatory Affairs - Enron Corp.
andy.rodriquez@enron.com
713-345-3771


The Weekly Government Affairs Report is available.  Click on "Weekly Report"
below and the report will pop up.

Weekly Report

Happy Thanksgiving.


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 02/28/2001
11:23 AM ---------------------------

Shirley Crenshaw
02/28/2001 07:49 AM
To: Kathy.Crenshaw@inteq.com @ Enron, Kayla Crenshaw/Enron
Communications@Enron Communications, Anita DuPont/NA/Enron@ENRON,
Carol_Fuentes@EOTT.com, Karen K Heathman/HOU/ECT@ECT, Renee
Ingram/HOU/ECT@ECT, IMYoars@aol.com, Vince J Kaminski/HOU/ECT@ECT,
kip.wia@alpha1.net, Kelly Summers/HOU/ECT@ECT, hmel5345@aol.com, Marie
Thibaut/Enron Communications@Enron Communications
cc:
Subject: To Lift Your Spirits

God grant me the senility to forget the people I never liked
anyway, the good fortune to run into the ones that I do, and the
eyesight to tell the difference. Now that I'm 'older' (but refuse to
grow up), here's what I've discovered:

1 ?- I started out with nothing, and I still have most of it.
2 ?- My wild oats have turned into prunes and All Bran.
3 ?- I finally got my head together; now my body is falling apart.
4 ?- Funny, I don't remember being absent minded...
5 ?- All reports are in; life is now officially unfair.
6 ?- If all is not lost, where is it?
7 ?- It is easier to get older than it is to get wiser.
8 ?- Some days you're the dog; some days you're the hydrant.
9 ?- I wish the buck stopped here; I sure could use a few...
10 - Kids in the back seat cause accidents.
11 - Accidents in the back seat cause...kids.
12 - It's hard to make a comeback when you haven't been anywhere.
13 - The only time the world beats a path to your door is when you're
        in the bathroom.
14 - If God wanted me to touch my toes, he would have put them on my knees.
15 - When I'm finally holding all the cards, why does everyone decide
        to play chess?
16 - It's not hard to meet expenses... ?they're everywhere.
17 - The only difference between a rut and a grave is the depth.
18 - These days, I spend a lot of time thinking about the hereafter...I go
        somewhere to get something and then wonder what I'm here after.
19 - I ?AM UNABLE TO REMEMBER IF I HAVE MAILED THIS TO YOU BEFORE OR NOT.


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/28/2000
04:32 PM ---------------------------

Biliana Pehlivanova <pehlivanova@sugar-land.oilfield.slb.com> on 01/28/2000
11:54:58 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: AIESEC

Dear Mr. Kaminski,

The following are the  personal and work e-mail addresses of the Polish
trainees in College Station.

Sylwester Rutkowski  sylwesterr@usa.net, sylwester.rutkowski@destia.com
Patricia Dalecka  pdalecka@hotmail.com, patrycia.dalecka@destia.com
Danusia Mas   danusia.mas@destia.com
Lidia Olczyk   lolczyk@usa.net, lidia.olczyk@destia.com
Robert Lyczak   rlyczak@yahoo.com, robert.lyczak@destia.com

I would like to invite you to join us for a paintball game next Saturday,
Feb 5th. The purpose of this event is to develop team building among our
student members, Board of Advisors, and corporate clients.

In addition, I would like to invite you to participate in our Mock
Sales day on Saturday, Feb. 12th.  During this day, the new members will
first receive training on AIESEC sales/knowledge and then role play with our
Board of Advisors and alumni acting as company
representatives. Sharing your AIESEC and work experience would be a
valuable contribution to our training program.

I will get in touch with you regarding these events in the beginning of
next week, as soon as I have the time and place finalized.

I appreciate your interest in working with us.

Best regards,

Biliana Pehlivanova
Vice President of Incoming Exchange
AIESEC Houston


Here is the LM 6000 model.  Give me a call if you have any questions. Thanks
Ben
3-7998


HI Jeff,

I'm sorry I didn't get back to you in time - I was out of town Friday
through today.  Hope you had a good dinner.   Where did you go?

Cheers,

Diane

At 10:59 AM 09/22/2000 -0500, you wrote:
>Hi:  I know you're always really busy, but I know you're the best one to
>ask.  I need to find a nice to medium-nice restaurant close to campus
>(seeing Mark Morris tomorrow nite at Zellerbach).  Any suggestions?  Sorry
>to bug you.  Thanks a million.
>
>Best,
>Jeff
>
>
>


Gary,  attached are the IES Utilities meters/charts they have been requested that measurement PPA's be processed for Oct. 2001.  Marketing has notified IES that the PPA's will come thru on Jan. 2001 statements.  Gas Logistics PPA's close is Jan. 04.  If you have any questions please give me a call.

							j.  floyd


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

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

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

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

Involved Employees
Par "Fore" Pets Golf Tournament

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

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


---------------------- Forwarded by Andrea Ring/HOU/ECT on 02/14/2001 03:11
PM ---------------------------

	From:  Karen D McIlvoy                           02/14/2001 08:24 AM

To: merenolan@mediaone.net
cc:  (bcc: Andrea Ring/HOU/ECT)
Subject: Fwd: (no subject)

Taking a break from their first day of work, George W Bush and Dick Cheney
go out to a restaurant near the White House.
The waitress comes over and asks them what they would like.
Dick orders the "Heart-Healthy" salad.
The waitress turns to Dubya and asks him, "What would you like, Mr.
President?"
"I'd like a quickie."
The waitress is shocked and astonished. In a huff, she exclaims, "I thought
you were going to bring a new era of moral rectitude to the White House!
Now I see that you, like all politicians, were lying! I'm sorry I ever voted
for you!" and storms off.
Bush sits there, stunned for a moment.
Then Cheney leans over and says, "George, I think it's pronounced QUICHE."


your volume comparison chart is off by a factor of 10.  each contract is 1000
bbls.


Sorry Paige - I was in South America last week - will respond today.


IntercontinentalExchange
                                                                                Firm Power Price Bulletin
                                                                                For Power Delivered on Tuesday, October   16, 2001
                                                                                (Trade Date of Monday, October   15, 2001)
Click here to access index history .
                                                                                * volume represents sell-side only *

Hub	High	Low	Wtd Avg Index	Change ($)	Vol (Mwh)
Cinergy	         $21.75	         $20.25	         $21.05	+    .44	          88,000
Comed	         $21.00	         $19.50	         $19.99	+    .12	          13,600
Entergy	         $20.00	         $18.45	         $18.70	-    .60	          21,600
Nepool	         $37.25	         $36.00	         $36.58	+   4.22	           2,400
PJM-West	         $26.60	         $26.00	         $26.38	+    .03	          46,400
SP-15	         $27.00	         $25.85	         $26.37	-   1.84	           4,400
TVA	         $20.75	         $20.75	         $20.75	-    .43	           1,600

                                                                                Includes all trades done from 6 AM to 11 AM Central Prevailing Time on the trade date specified for financially firm power delivered during the on-peak hours (6 AM - 10 PM CPT for Eastern hubs / 6 AM - 10 PM Pacific Prevailing Time for Western hubs) on the delivery date(s) specified.
                                                                                IntercontinentalExchange is the world's most liquid trading platform for over-the-counter energy and metals.  Active markets include North American power and natural gas, global crude and refined oil products, and precious metals.  Traded instruments include forwards, swaps, and options.
To become an Exchange Participant or inquire about the indices, please contact sales@intcx.com .
This information is sent to you free of charge and may be redistributed in its entirety.  Republishing in any other form is prohibited.
If this was forwarded by a friend and you would like to receive your own daily bulletin, click here to subscribe .
To unsubscribe from this service, click here unsubscribe .
                                                                                ?Copyright IntercontinentalExchange, Inc. 2001, All Rights Reserved.


Mark,

Attached is the memo from Joanne Rutkowski (the PUHCA expert at LLGM).  I
think that you will agree that she is virtually certain of success.

Stuart
----- Forwarded by Stuart Zisman/HOU/ECT on 11/12/2000 12:26 PM -----

	Paula Schaetzle@ENRON
	11/12/2000 12:14 PM

		 To: Stuart Zisman/HOU/ECT@ECT
		 cc: JRutkows@llgm.com
		 Subject: 1935 Act


how about friday

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Tuesday, November 27, 2001 1:37 PM
To:	Maggi, Mike
Subject:	RE:

any day you want to go, Brian is out of town, so just let me know

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Tuesday, November 27, 2001 1:37 PM
To:	Rybarski, Amanda
Subject:	RE:

definately, you havent been bugging me, thur or fri would be best for me

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Tuesday, November 27, 2001 1:36 PM
To:	Maggi, Mike
Subject:	RE:

I'm sorry, and I know I have probably been bugging you, but Ive been worried about you.  Wanna go have a drink this week?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Tuesday, November 27, 2001 1:34 PM
To:	Rybarski, Amanda
Subject:	RE:

nope ive just been busy and a little cranky

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Tuesday, November 27, 2001 1:32 PM
To:	Maggi, Mike
Subject:

so are you ignoring me?


Any interest?
----- Forwarded by Steven J Kean/NA/Enron on 11/01/2000 03:38 PM -----

	"Vidar J. Jorgensen" <vidar@worldcongress.com>
	10/31/2000 05:27 PM

		 To: "Steve Kean" <skean@enron.com>
		 cc:
		 Subject: GlobalCashExchange can establish Enron with corporate CFOs and
treasurers worldwide

Dear  Steve,
?
I am sending this to Jeff Skilling, but?I wanted  to send you a copy as well
to make sure it got into the right hands.? This  is a big idea that Enron is
especially well positioned to benefit from.? I  will telephone you to follow
up.
?
Sincerely,
?

Vidar J. Jorgensen
Global Cash  Exchange
500 West Cummings Park
Suite 5200
Woburn, MA? 01801
P:? 781-939-2572
F:? 781-939-2574
Cell P:? 781-929-2965
vidar@cbinet.com
?
?

?

?

October 31, 2000

Mr. Jeffrey K. Skilling P: 713-853-6161

President & COO F: 713-646-8381

Enron jeff.skilling@enron.com

1400 Smith Street

Houston, TX 77002

E-Mail Subject: GlobalCashExchange can establish Enron with corporate CFOs
and treasurers worldwide

Dear Jeff:

I have worked with Ken Lay and others at Enron through the World Economic
Development Congress where we brought together ministers of finance and oil
immediately prior to the IMF/World Bank Meeting.

InfrastructureWorld, of which I am co-founder and vice chairman, has
recently  received $10 million each in funding from the IFC division of the
World Bank and  Bechtel. GlobalCashExchange is a separate, but related
business. We have the  plan, the experienced management team and proven
technology, and we will be  selecting major financial institution as a
partner.

At the request of our corporate CFOs we are developing an internet based
exchange for foreign exchange, short-term cash and credit that could give
Enron  a powerful product to sell to corporations worldwide. I have attached
and  executive summary and a business plan. I would like to discuss this with
you at  your earliest convenience.

Major sources of trade, development and investment friction and inefficiency
in large developing countries in particular include the facilitation of
foreign  exchange, short term cash, credit and working capital transactions.
This is a  source of high cost and frustration even for major global
corporations, and for  middle and smaller corporations these are even greater
burdens. Today there are  no reliable and continuous flowing price sources
for softer currencies as there  are for hard currencies. Even the larger soft
currencies like the Real or Rupee  are quoted only 3 to 4 times a day on
Reuters, and the only spot quotes are  available from traders who are
motivated to benefit from a large spread. The  GlobalCashExchange will allow
buyers to transact at the middle of the interbank  spread. There are lots of
Internet based foreign exchanges, and none that I have  actually seen support
buyer to buyer transactions.

GlobalCashExchange will develop an Internet based exchange for foreign
exchange, short term cash and credit. The goal is to reduce costs of such
transactions. Global Cash Exchange can also greatly enhance capital
formation  and the formation of local capital markets in developing
countries. This is a  large and complex undertaking where we will need to be
partnering with one or a  group of major financial institutions like
Citibank, Cantor Fitzgerald, State  Street Bank, Schwab and the World Bank.

As you know, the Foreign Exchange (FX) market is the largest and most
participated financial market in the world with over $1.5 trillion exchanges
daily throughout the world. There is no central market place for FX
transactions: all FX transactions are conducted through a network of banks,
dealers and brokers. Approximately 2/3 of FX transactions involve banks
dealing  directly with each other. The potential market for short term cash
and credit  --which will ultimately reduce the need for foreign exchange
transactions -- is  even larger.

We are funding this internally and are starting to develop outside investor
support. We have established great partnerships with organizations such as
Standard & Poor's and Medley Global Advisors  (http://www.medleyadvisors.com
), for ratings and content on the site, VMAC (a  division of FSA that has
patented the concept of providing pooled credit  enhancement facilities
http://www.fsa.com), for revolving credit enhancement  facilities and
Gen3Partners (http://www.gen3partners.com), for strategic and  technological
advice. Transactions that cannot be matched can be cleared through
Deerhurst, a leading foreign exchange fund manager who has agreed to provide
liquidity from day one. We also know that we can purchase insurance for
around  $7 billion of annual transactions for just under $1M a year. GCX is
now at a  point that it has answered most of the questions that we had. We
have a  commitment from Ashton Technologies for full build out of SEC
approved  technology in exchange for equity. This technology has been used
successfully  for more complex securities transactions and allows for many
equity market  facilities that Forex markets do not currently have such as
reserve book, limit  order and so forth. A description of the Ashton
technology and an executive  summary that we use for our corporate clients
are attached.

We have good corporate support through World Research Advisory (WRA), an
affiliated provider of research for corporate treasurers. WRA supplies
Gartner  and Forrester type subscription research and advisory services to
global 2000  companies. The contact list includes the CFO's of the following
companies, many  of whom have agreed to participate in the Global Cash
Exchange:

ALCOA
ALLSTATE INSURANCE COMPANY
AT&T
BELLSOUTH CORPORATION
CHUBB CORPORATION
CNF TRANSPORTATION, INC.
COMPAQ
CONTINENTAL AIRLINES, INC.
DELL
DUPONT
DYNEGY, INC.

EXIDE CORPORATION

FDX CORPORATION
FEDERAL RESERVE BANK OF CHICAGO
FORD MOTOR CORPORATION
FPL ENERGY, INC

GENZYME CORPORATION
GILLETTE COMPANY
HALLMARK CARDS INC.
HEWLETT-PACKARD
INTERNATIONAL PAPER
KPMG
LOCKHEED MARTIN CORPORATION
LITTON INDUSTRIES
LUCENT TECHNOLOGIES
MASTERCARD
MCDONALDS CORPORATION
MERCK & COMPANY
MERISEL, INC.
MICROSOFT CORPORATION
MOTOROLA, INC.
NORDSON CORPORATION
ORACLE CORPORATION
PECO ENERGY COMPANY
PEOPLESOFT
PEPSICO, INC.
PHILIP MORRIS COMPANIES INC
PPF INDUSTRIES
RYDER SYSTEM, INC.
SCHOLASTIC CORPORATION
SEAGATE TECHNOLOGY, INC.
SEALY, INC.
SIEMENS
SONOCO PRODUCTS CO.
SUN MICROSYSTEMS
U.S. POSTAL SERVICE
WESTINGHOUSE

So we have willing and interested contacts at Global 2000  companies.

I will telephone you to follow up. I can be reached by telephone at
781-939-2572, by fax at 781-939-2574 and via e-mail at
v.jorgensen@worldcongress.com.

Sincerely,

?

Vidar J. Jorgensen

GlobalCashExchange

Attachments:

1. IFC World Bank Press Release (00-0926-06)

2. Ashton Technology Product Description (00-1025-03)

3. Executive Summary for prospective corporate clients (00-1018-06)

4. GCX Business Plan

cc: Kenneth Lay

Chairman and CEO

Enron Corporation

1400 Smith Street

Houston, Texas 77002

P: 713-853-6088

F: 713-853-3129

	Donald Lassere

	President

	Enron Broadband Services

	1400 Smith Street

	P: 713-853-6341

	F: 713-646-8795

	donald_lassere@enron.net

00-1031-03/jm

 - 00-1031-03.doc
 - 00-0926-06.doc
 - 00-1018-06.doc
 - 00-1025-03.doc
 - gcxbusinessplan (3).doc


FYI, project Dragon.  It looks like it is done.  i replied that we understood
and it was fine.
m
---------------------- Forwarded by Mike McConnell/HOU/ECT on 09/25/2000
05:15 PM ---------------------------

Bruce Lundstrom@ENRON_DEVELOPMENT
09/25/2000 04:54 PM
Sent by: Liz N Martinez@ENRON_DEVELOPMENT
To: Kristina Mordaunt@Enron Communications, Scott Sefton@ECT, Frank
Sayre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Vicki Sharp@EES, John
Schwartzenburg/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Stephen Wallace@ENRON,
Mark E Haedicke@ECT, Daniel R Rogers/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Michael Moran@ENRON, Randy Young@ECT, Sandeep
Katwala/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Elizabeth Labanowski@ECT, Eric
Newell@ENRON, Janet Place@ENRON, Mark A Evans/HOU/EES@EES, Al
Alexanderson@Enron
cc: Stephanie Harris@ENRON, Rob Walls/NA/Enron@Enron, Rex Rogers@ENRON, Greg
Whalley@ECT, Ken Rice@ENRON COMMUNICATIONS, Andrew S Fastow@ECT, Lou L
Pai@EES, Larry L Izzo/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sanjay
Bhatnagar/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rick
Bergsieker/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, David W Delainey@ECT, Stanley
Horton@ENRON, Bill Donovan@ECT, James M
Bannantine/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Diomedes
Christodoulou/SA/Enron@Enron, James L
Noles/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Bill Cordes@ENRON, Larry
DeRoin@ENRON, Peggy Fowler@ENRON, Lance Schuler@ECT, Mark Frevert@Enron, Mark
A Evans/HOU/EES@EES, Mike McConnell/HOU/ECT@ECT, Jeffrey A Shankman@ECT, Wade
Cline/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Shawn
Cumberland/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jeffrey McMahon@ECT, Jeffrey
Sherrick@ENRON, J Mark Metts@Enron, James A
Hughes/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rebecca
McDonald/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: FOR IMMEDIATE REVIEW: Agreement Restricting Power Generation
Competition in Asia Pacific Region

General Counsels -

At the direction of the Enron APACHI Office of the Chairman, I am sending
this e-mail to you pursuant to the Enron Corp. Policy on Noncompetition.  I
would appreciate if you would check with your CEO/COO regarding this e-mail
and respond to me by Friday, September 29 if you have questions or concerns.
Enron APACHI may need to commit to the following provisions (that bind Enron
affiliates) by Monday, October 2.

Given the consolidating power generation market in Asia Pacific, Enron Asia
Pacific/Africa/China (Enron APACHI) is proposing to enter into a transaction
with Marubeni and Sithe Asia to combine the respective power generation
portfolios into a single company (Newco).  Newco would be charged with making
the shareholders' investments as liquid as possible to allow for sale of the
shareholders' respective stakes in Newco.

The shareholders believe that Newco must not be seen by the market as a
"dumping ground" for existing power projects but rather as the vehicle
through which the investors will continue to pursue power generation
opportunities in Asia.  As a result, Enron APACHI proposes to include
competition restrictions in the Marubeni/Enron Shareholder Agreement that
would bind their respective affiliates.

The following is a summary of these competition provisions:

Enron affiliates (with the exceptions stated below) could only develop or own
power projects in the Asia Pacific Region (as defined below) after first
offering the opportunity to Newco.  If Newco declines the opportunity, Enron
would be free to own the project itself or offer the project to third parties
provided that the terms do not materially improve.  Development or ownership
does not include the provision of construction, O&M, offtaker or risk
management services.

There are a number of exceptions to this rule:  (a) small projects involving
20 MW or less; (b) projects in which Enron owns less than a 1/3 interest; (c)
projects initiated by our SK joint venture; (d) Korean projects using natural
gas produced by Enron; (e) projects obtained in a corporate acquisition in
which Asia generation is less than 20% of the value of the acquisition; and
(f) situations in which any Enron company would be exposed to fiduciary
liability to another shareholder in complying with the competition
restriction.

"Affiliates" will be defined to exclude Enron affiliates which are
publicly-owned (e.g., Azurix).

"Asia Pacific Region" will be defined to include Brunei, China (including
Hong Kong and Macau), South Korea, North Korea, Taiwan, Vietnam, Laos,
Cambodia, Thailand, Myanmar, the Philippines, Malaysia, Indonesia, East
Timor, Singapore, Papua New Guinea and the Pacific Islands (including Guam,
Saipan, the Federated States of Micronesia, and Fiji, but excluding Hawaii).
It does not include Japan and Australia.

The competition clause would survive until the earlier of (a) Enron selling
its interest in Newco or (b) December 31, 2003.

Thank you,
Bruce Lundstrom, General Counsel, Enron APACHI


correct

 -----Original Message-----
From: 	Miller, Jeffrey
Sent:	Monday, September 10, 2001 7:54 AM
To:	Forney, John M.
Subject:	Summary of ERCOT Trading Responsibility

John,

Frank Busot asked me to give him a summary of who is responsible for what in the trading function at Enron.  The reason is that he wanted to be more comfortable than he is with the separation of EPMI and Services.

Currently, I see:

Jeff King - Long - Term ERCOT
Paul Schivone - Short Term ERCOT
John Forney - Services Trading, EPMI ERCOT Hourly, Services ERCOT Hourly

Correct?


Notice Number:  01-65

February 20, 2001

TO:
ALL COMEX DIVISION MEMBERS

FROM:
M. Dawn Lowe
Vice President and Assistant Corporate Secretary

SUBJECT:
Proposed Amendment to COMEX Rule 4.47, &Position Limits8.

Attached please find a proposed amendment to COMEX Rule 4.47, &Position
Limits8 which would reduce the maximum number of futures contracts, options
on such futures contracts, or any combination thereof which any person may
own or control in the spot month of the Grade 1 Copper Futures Contract from
2500 to 1500.

The proposed amendment to COMEX Rule 4.47, &Position Limits8 affects a
&Special Matter8 under the terms of the COMEX By-Laws.  Accordingly, COMEX
Division Members have ten (10) days to submit a petition signed by owners of
at least 155 COMEX Division Memberships requesting a vote of the COMEX
Division Members to disapprove the amendments, pursuant to the procedures set
forth under COMEX By-Law 205(D).  If a petition is not received, or if the
amendment is not disapproved, it will be submitted to the Commodity Futures
Trading Commission (CFTC).

If you have any questions, please contact Dawn Lowe at 212-299-2370, Thomas
LaSala at 212-299-2897 or Albert J. Getz at 212-299-2608.

Proposed Rule Amendments
(## indicates additions: bracketing indicates deletions)

COMEX Rule 4.47, &Position Limits8

(b) Applicable Limits.  The maximum number of futures contracts, options on
such futures contracts, or any combination thereof (collectively referred to
as a "position8) which any person may own or control is as follows:

Commodity  Spot Month Limit*  Net Futures Equivalent Limit

Gold   3000    Subject to Position Accountability

Silver   1500    Subject to Position Accountability

Aluminum   350    Subject to Position Accountability

Copper          [ 2500] ##1500##  Subject to Position Accountability

Eurotop 100
Stock Index  None    10,000

Eurotop 300
Stock Index  None     5,000

*Effective as of the close of business on the second last business day of the
calendar month preceding the delivery month.

The remainder of COMEX Rule 4.47 remains unchanged.

__________________________________________________
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=(01-65)"

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.


In Search of Winning Stocks

This Week: Searching for January Effect Hopefuls
1.  Searching for the Year's Best Nasdaq Stocks
2.  Search Criteria
3.  One January Effect Hopeful
4.  Disclaimer

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1.  Searching for January Effect Hopefuls

The "January Effect" is an oft-discussed phenomenon that
occurs when stocks that have sold off near the end of one
calendar year outperform the broader markets at the
beginning of the following year.   Typically, these stocks
decline late in the calendar year due to tax selling, but
are repurchased after the wash sale period expires.
Candidates for an early calendar year rebound are often those
stocks with favorable fundamental characteristics.

January Effect Hopefuls is a search strategy that screens
for such candidates.  Primary criteria include a negative
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$50 - $750 million.  The January Effect tends to occur more
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January Effect rebound.

Indicator                      Mode
------------------------------------------------------------
Rel Performance 26 Wk          Between 0.0 - 99.0
Market Capitalization          Between 50.0 - 750.0
Current Ratio                  Between 2.0 - 1000.0
Debt/Equity Ratio              Between 0.0 - 50.0
Rev. Increase Last Qtr         Between 102.0 - 10000.0, High
Rev. Increase 2 Qtr ago        Between 101.0 - 10000.0
Proj EPS Next FY               Between 1.0 - 1000.0, High
EPS Surprise Pos Last 4        Between 4.0 - 4.0

Investors can click below to view screen results.

http://clyde.investools.com/T/A24.133.320.2.42265

3.  One January Effect Hopeful

Shares of Globespan {GSPN} declined by 70 percent during
October and November.  The decline was caused by the mass
exodus out of tech stocks, profit warnings from Lucent {LU}
- a major customer - and comments out of Cisco {CSCO} - also
a customer - that it would be reducing inventory.  Despite
these market events, GSPN has not issued a profit warning
and Bloomberg News Services is reporting that an analyst
with Morgan Stanley Dean Witter is predicting that GSPN will
meet revenue forecasts in 2001.  Though GPSN, a developer of
DSL integrated circuits, continues to trade a P/E ratio
untypical of many January effect candidates, the extent of
the decline could be more than enough to buffer the stock
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4. Disclaimer

WallStreetCity,s Stock Search of the Week is published
solely for informational purposes and is not a solicitation
or an offer to buy or sell any stock, mutual fund or other
security.  The information obtained from internal and
external sources is considered reliable, but has not been
independently verified for accuracy and completeness.
WallStreetCity, its employees, and/or officers and directors,
may from time to time have a position in the securities
mentioned and may sell or buy such securities.
Trading involves risk, including possible loss of principle
and other losses.  Trading results may vary. No
representations are being made that these techniques will
result in or guarantee profits in trading.  Past performance
is no indication of future results.

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<<Confirm modification oct 31_p.doc>>

Russell F. Hackmann, CFA
Lehman Brothers Corporate Equity Derivatives
(201) 524-2279 phone
(917) 596-2936 cell
rhackman@lehman.com

------------------------------------------------------------------------------
This message is intended only for the personal and confidential use of the designated recipient(s) named above.  If you are not the intended recipient of this message you are hereby notified that any review, dissemination, distribution or copying of this message is strictly prohibited.  This communication is for information purposes only and should not be regarded as an offer to sell or as a solicitation of an offer to buy any financial product, an official confirmation of any transaction, or as an official statement of Lehman Brothers.  Email transmission cannot be guaranteed to be secure or error-free.  Therefore, we do not represent that this information is complete or accurate and it should not be relied upon as such.  All information is subject to change without notice.

 - Confirm modification oct 31_p.doc


---------------------- Forwarded by Diann Huddleson/HOU/EES on 07/30/2001 11:38 AM ---------------------------

Diann Huddleson
07/24/2001 05:25 PM
To:	Lisa Mellencamp/Enron@EnronXGate, Michael Tribolet/ENRON@enronXgate, Robert C Williams/Enron@EnronXGate, Wanda C Curry@CCMAIL@ECT, Mary Lynne Ruffer/HOU/EES@EES, Evan Hughes/HOU/EES@EES, jbennett@gmssr.com
cc:
Subject:	Draft letters

Bob, I can't locate Mike Day's e-mail.  Could you forward please?  Thanks.


Coffee Sounds good...I'm falling asleep in my chair.  Can you go now?


As you are aware, Enron utilizes temporary staffing services to satisfy
staffing requirements throughout the company.  For the past several months, a
project team, representing Enron,s temporary staffing users, have researched
and evaluated alternative Managed Services programs to determine which source
would best meet our current and future needs in terms of quality, performance
and cost containment objectives.  The Business Unit Implementation Project
Team members are:

Laurie Koenig, Operations Management, EES
Carolyn Vigne, Administration, EE&CC
Linda Martin, Accounting & Accounts Payable, Corporate
Beverly Stephens, Administration, ENA
Norma Hasenjager, Human Resources, ET&S
Peggy McCurley, Administration, Networks
Jane Ellen Weaver, Enron Broadband Services
Paulette Obrecht, Legal, Corporate
George Weber, GSS

In addition, Eric Merten (EBS), Kathy Cook (EE&CC), Carolyn Gilley (ENA),
Larry Dallman (Corp/AP), and Diane Eckels (GSS) were active members of the
Selection Project Team.

As a result of the team,s efforts, we are pleased to announce the beginning
of a strategic alliance with CORESTAFF,s Managed Services Group.  This group
will function as a vendor-neutral management entity overseeing all staffing
vendors in the program scope. They will also provide a web based online
technology tool that will enhance the ordering and reporting capabilities.
The goal of our alliance with CORESTAFF is to make obtaining a temporary
worker with the right skills and experience easier while protecting the best
interests of the organization.

We plan to implement Phase I of this improvement effective January 2, 2001.
This Phase I of the implementation will encompass administrative/clerical
temporary workers at the Houston locations only. If you currently have
administrative/clerical temporary workers in your department, the enhancement
will not affect their position. In an effort to preserve relationships, all
current staffing vendors will be invited to participate in this enhanced
program.  CORESTAFF shares our commitment to minimize any disruptions in
service during this transition.

We expect to incorporate the administrative/clerical workers in Omaha,
Seattle and Portland in Phase II, which is scheduled for February, 2001.  The
scope and timing of any additional phases will be determined after these two
phases have been completed.

Realizing the impact that the temporary workforce has in business today, we
selected CORESTAFF,s Managed Services Group based on their exceptional
management team, commitment to quality service, and creative solutions to our
staffing needs.  The relationship promises to offer Enron a cost effective
and simple means for obtaining temporary employees.

In the coming weeks, Enron and CORESTAFF,s Managed Services Group will be
communicating to Enron,s administrative/clerical temporary staffing vendors
about the new process.

There are many benefits to this new Managed Services program, which are
outlined on the attached page.  More details on how to utilize CORESTAFF,s
Managed Services program will be announced soon and meetings will be
scheduled to demonstrate the reporting system and to meet the Managed
Services team.

What is Managed Services?

CORESTAFF,s Managed Services program includes:

? Vendor-neutral management model
? Equal distribution of staffing orders to all staffing partners
? Web-based application with online ordering, data capture and customized
reporting
? Benchmarking and performance measurement for continuous improvement
? Methodologies for accurate skill-matching and fulfillment efficiencies

Key Benefits

? More vendors working on each order from the outset ) faster access to
available talent pools
? Standardized mark-ups and fees to manage costs more effectively
? Online access to requisition status for users
? Robust databases offering managers enhanced tracking and reporting of
temporary usage and expenditures
? Standard and customized reporting capabilities -- online
? Tenured, experienced Managed Services team on-site to assist users in
accessing web site, identifying usage trends, preparing specialized reports,
etc.

Corestaff/Managed Services/Staffing

Joseph Marsh ) Lead / Operations (josephm@corestaff.com; 713-438-1400)
Amy Binney, Sharon B. Sellers ) Operations
Cherri Carbonara ) Marketing / Communications
Cynthia Duhon )Staffing Partner management


Kate & Stan,
Deal #579038.1
Enron is showing $85 for the offpeak load on 4/13 & 4/14..... APX is showing
$80 for offpeak on 4/13 & 4/14....please verify and correct if necessary.  I
have also attached APX invoice per the internet website below for both days.

Deal 581335.1
APX is currently not showing that this deal occurred for 4/16 for offpeak
load (see screen  below at the bottom).  Please verify if this is some other
c/p's deal.  Thanks.

ajc

Note:
Please include Godfrey Hyde on your response since I will be out of the
office on leave beginning Monday.  Thank you.

54


Kate,

We've been matched up on the 8 lots for Feb with Avista Energy.  Contact at
Avista is Chris @ 509-495-8255.

Thanks,
Joe


OK, here's my first attempt.  Although I think Red Cedar's lawyers might be
looking for more, they have not specifically requested it, so I decided to
stick to making only the statements Ed Meaders mentioned in his 2 voice
mails.  I believe this may suffice.


FYI
---------------------- Forwarded by William S Bradford/HOU/ECT on 12/11/2000
01:47 PM ---------------------------

From:  Debbie R Brackett
       12/11/2000 02:42 PM

To: Shona Wilson/NA/Enron@Enron, Chris Abel/HOU/ECT@ECT
cc: Jeffrey C Gossett/HOU/ECT@ECT, Kathy Reeves/CAL/ECT@ECT, Leslie
Reeves/HOU/ECT@ECT, Stacey W White/HOU/ECT@ECT, Martha Stevens/HOU/ECT@ECT,
Michelle Bruce/HOU/ECT@ECT, Scott Earnest/HOU/ECT@ECT, Michael E
Moscoso/HOU/ECT@ECT, Brenda F Herod/HOU/ECT@ECT, James New/LON/ECT@ECT,
Andrew Cornfield/LON/ECT@ECT, Kim S Theriot/HOU/ECT@ECT, William S
Bradford/HOU/ECT@ECT
Subject: Deals booked to New Counterparty

The attached file represents deals booked to New Counterparty as of close of
business, December 8. In order to correctly report and manage credit
exposure, these deals need to be rebooked to reflect the actual counterparty
on the transaction.

 Please forward this to the appropriate person within your organization who
can rebook the deals to the proper counterparty, or call me at X35856 if you
have questions.

Thanks,

Debbie


---------------------- Forwarded by Eric Bass/HOU/ECT on 02/13/2001 11:27 AM
---------------------------

	Enron North America Corp.

	From:  Shanna Husser @ EES                           02/12/2001 07:26 AM

To: Eric Bass/HOU/ECT@ECT
cc:
Subject: Fwd: Fw: UT Fans - So True!

Look what this mean person made up about your school!
---------------------- Forwarded by Shanna Husser/HOU/EES on 02/12/2001 07:26
AM ---------------------------

Christina Barthel@ENRON
02/12/2001 07:23 AM
To: Rafael Avila/NA/Enron, "Becky Bliss" <blbliss@hewitt.com>, Leon
Branom/Enron Communications@Enron Communications, Kim Chick/HOU/EES, Robert B
Cothran/Corp/Enron@ENRON, "Anne Denley" <ADenley@vailresorts.com>, "jason
eggenburger" <jasonegg@hotmail.com>, Emily Ferguson/ENRON@enronXgate,
"Meredith" <meredith@friersoncpa.com>, Ryan Hinze/Corp/Enron, Shanna
Husser/HOU/EES@EES@ENRON, "Toby Gouw" <tgouw@teamworks.ws>, Ben
Huxen/NA/Enron, "Juranek, Andrew A" <JuranAA@texaco.com>, Lynna
Kacal/Corp/Enron@ENRON, "Erin Landers" <elaggie99@hotmail.com>, "Jared
McDaniel" <jaredmcdaniel@hotmail.com>, "Anthony Moawad" <amoawad@kpmg.com>,
Chris Ochoa/NA/Enron, "Jaimie"<Jaimie_Parker@hotmail.com>, "Tracie Reed"
<traciereed99@hotmail.com>, "Brandon" <brandon.shimer@imgfinancialgroup.com>,
"Jose" <jose.a.suarez@us.pwcglobal.com>, Raul Yzquierdo/Enron
Communications@Enron Communications
cc:
Subject: Fwd: Fw: UT Fans - So True!

From: "Kelly Kohrman" <pyrowoman@hotmail.com>
To: albert_ferrel@yahoo.com, ashbaylor@hotmail.com,
Ashley.Victorick@coastalcorp.com, aggie_guy21@yahoo.com,
CharlesPotterMail@yahoo.com, christina_ag99@hotmail.com, jadajot@yahoo.com,
jaf4678@neo.tamu.edu, j_a_garner@yahoo.com, laftamu@excite.com,
long@astrosfan.net, SLogan@TXLMortgage.com, AggieTia98@worldnet.att.net
Subject: Fwd: Fw: UT Fans - So True!
Date: Fri, 09 Feb 2001 22:55:29

_________________________________________________________________
Get your FREE download of MSN Explorer at http://explorer.msn.com

 - ut1.gif


IntercontinentalExchange
                                                                                Firm Physical Natural Gas Price Bulletin
                                                                                For Natural Gas Delivered on Thursday, October   25, 2001
                                                                                (Trade Date of Wednesday, October   24, 2001)
Click here to access index history.
                                                                                * volume represents sell-side only *

Region     Hub	High	Low	Wtd Avg Index	Change ($)	Vol (mmBtu)	Hub Name
 LOUISIANA
    ANR SE	          $2.6700	          $2.6000	          $2.6451	-    .1537	         206,300	American Natural Resources Pipeline Co. - SE  Transmission Pool
    Columbia Onshore	          $2.7600	          $2.5700	          $2.6712	-    .1221	         217,800	Columbia Gulf Transmission Co. - Onshore Pool
    Henry Hub	          $2.8000	          $2.6100	          $2.6750	-    .1390	       1,269,400	Henry Hub tailgate - Louisiana
    NGPL LA	          $2.6600	          $2.5850	          $2.6307	-    .1672	         220,600	Natural Gas Pipeline Co. of America, Louisiana Pool
    Tenn 500L	          $2.7000	          $2.5800	          $2.6312	-    .1588	         208,500	Tennessee Gas Pipeline Co.-Zone L, 500 Leg Pool
    Tenn 800L	          $2.6450	          $2.6100	          $2.6295	-    .1473	         181,900	Tennessee Gas Pipeline Co.-Zone L, 800 Leg Pool
    TETCO ELA	          $2.6800	          $2.6000	          $2.6316	-    .1381	         209,000	Texas Eastern - East LA
    TETCO WLA	          $2.6550	          $2.6200	          $2.6380	-    .1427	          25,000	Texas Eastern - West LA
    Transco 65	          $2.8000	          $2.6700	          $2.7126	-    .1492	         146,200	Transco - Station 65
    Trunkline ELA	          $2.7800	          $2.6200	          $2.6690	-    .1415	          61,500	Trunkline Gas Company - East Louisiana Pool
    TxGas SL	          $2.7800	          $2.6400	          $2.6932	-    .1285	          78,500	Texas Gas Transmission Corp.-Zone SL FT Pool
 MIDCONTINENT
    MichCon, citygate	          $2.9400	          $2.7700	          $2.8513	-    .1218	          77,100	Michigan Consolidated
    NGPL Midcont	          $2.6350	          $2.5600	          $2.6062	-    .1218	         168,200	Natural Gas Pipeline Co. of America, Mid-Continent Pool
    NGPL Nicor, citygate	          $2.8750	          $2.6800	          $2.7800	-    .1206	         562,200	Natural Gas Pipeline Co. of America, Nicor Citygate
    NGPL NIPSCO, citygate	          $2.8100	          $2.7300	          $2.7520	-    .1649	          22,000	Natural Gas Pipeline Co. of America, Nipsco Citygate
    NNG Demarcation	          $2.7850	          $2.7000	          $2.7465	-    .1283	         274,500	Northern Natural Gas, Demarcation Pool
 NORTHEAST
    Columbia TCO	          $2.9300	          $2.8000	          $2.8488	-    .1014	         921,000	Columbia Gas Co. - TCO Pool
    Dominion So.Point	          $2.9250	          $2.8300	          $2.8973	-    .0778	         165,000	Dominion - South Point
    TETCO M3	          $3.2000	          $2.8600	          $2.9158	-    .1570	         198,400	Texas Eastern - M3 Zone
    Transco Z-6 (NY)	          $3.3000	          $2.8600	          $2.9308	-    .1375	         160,100	Transcontinental Gas Pipe Line Corp. - Zone 6 (NY)
 WEST
    El Paso non-Bondad	          $2.5300	          $2.4700	          $2.4991	-    .1872	         162,000	El Paso - San Juan Basin, Blanco Pool
    Huntingdon/Sumas	          $2.5700	          $2.5300	          $2.5522	-    .2205	         133,000	Westcoast Energy & Northwest Pipeline Corp.
    Opal	          $2.4600	          $2.3300	          $2.3872	-    .1974	         115,000	Opal
    PG?Citygate	          $2.8800	          $2.7000	          $2.8207	-    .1706	         227,000	PG?- Citygate
    SoCal Border	          $2.7100	          $2.6600	          $2.6935	-    .1979	         156,000	Southern California Border Points (Ehrenberg,Topock,Needles)
 WEST TEXAS
    El Paso - Keystone	          $2.5500	          $2.5200	          $2.5326	-    .1986	         192,000	El Paso - Keystone Pool
    Waha	          $2.6000	          $2.5600	          $2.5787	-    .1791	         133,600	Waha Hub - West Texas

                                                                                Includes all firm physical fixed price trades done from 7 AM to 11:30 AM Central Prevailing Time on the trade date specified for natural gas delivered on the specified date(s).
                                                                                IntercontinentalExchange is the world's most liquid trading platform for over-the-counter energy and metals.  Active markets include North American power and natural gas, global crude and refined oil products, and precious metals.  Traded instruments include forwards, swaps, and options.
In order to receive the proprietary information contained in this email, you acknowledge and agree that you shall not further disseminate the IntercontinentalExchange Market Data contained herein to any person or entity without the express written consent of IntercontinentalExchange.    Furthermore, you acknowledge that (1) IntercontinentalExchange has exclusive and valuable property rights in this data; (2) IntercontinentalExchange's data is being made available to you only for your own business or personal activities; and (3) you cannot communicate the data, in any form, to any other person or entity without the express written consent of IntercontinentalExchange.
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To become an Exchange Participant or inquire about the indices, please contact sales@intcx.com.
To unsubscribe from this service, click here unsubscribe.
                                                                                ?Copyright IntercontinentalExchange, Inc. 2001, All Rights Reserved.


----- Forwarded by Steven J Kean/NA/Enron on 01/08/2001 02:30 PM -----

	Jeff Dasovich
	Sent by: Jeff Dasovich
	01/03/2001 08:08 PM

		 To: Jeff Dasovich/NA/Enron@Enron
		 cc: Alan Comnes/PDX/ECT@ECT, Angela Schwarz/HOU/EES@EES, Beverly
Aden/HOU/EES@EES, Bill Votaw/HOU/EES@EES, Brenda Barreda/HOU/EES@EES, Carol
Moffett/HOU/EES@EES, Cathy Corbin/HOU/EES@EES, Chris H Foster/HOU/ECT@ECT,
Christina Liscano/HOU/EES@EES, Christopher F Calger/PDX/ECT@ECT, Craig H
Sutter/HOU/EES@EES, Dan Leff/HOU/EES@EES, Debora Whitehead/HOU/EES@EES,
Dennis Benevides/HOU/EES@EES, Don Black/HOU/EES@EES, Donna
Fulton/Corp/Enron@ENRON, Dorothy Youngblood/HOU/ECT@ECT, Douglas
Huth/HOU/EES@EES, Edward Sacks/Corp/Enron@ENRON, Eric Melvin/HOU/EES@EES,
Erika Dupre/HOU/EES@EES, Evan Hughes/HOU/EES@EES, Fran Deltoro/HOU/EES@EES,
Frank W Vickers/HOU/ECT@ECT, Gayle W Muench/HOU/EES@EES, Ginger
Dernehl/NA/Enron@ENRON, Gordon Savage/HOU/EES@EES, Harold G
Buchanan/HOU/EES@EES, Harry Kingerski/NA/Enron@ENRON, Iris Waser/HOU/EES@EES,
James D Steffes/NA/Enron@ENRON, James W Lewis/HOU/EES@EES, James
Wright/Western Region/The Bentley Company@Exchange, Jeff Messina/HOU/EES@EES,
Jeremy Blachman/HOU/EES@EES, Jess Hewitt/HOU/EES@EES, Joe
Hartsoe/Corp/Enron@ENRON, Karen Denne/Corp/Enron@ENRON, Kathy
Bass/HOU/EES@EES, Kathy Dodgen/HOU/EES@EES, Ken Gustafson/HOU/EES@EES, Kevin
Hughes/HOU/EES@EES, Leasa Lopez/HOU/EES@EES, Leticia Botello/HOU/EES@EES,
Mark S Muller/HOU/EES@EES, Marsha Suggs/HOU/EES@EES, Marty Sunde/HOU/EES@EES,
Meredith M Eggleston/HOU/EES@EES, Michael Etringer/HOU/ECT@ECT, Michael
Mann/HOU/EES@EES, Michelle D Cisneros/HOU/ECT@ECT, Mike D Smith/HOU/EES@EES,
Mike M Smith/HOU/EES@EES, mpalmer@enron.com, Neil Bresnan/HOU/EES@EES, Neil
Hong/HOU/EES@EES, Paul Kaufman/PDX/ECT@ECT, Paula Warren/HOU/EES@EES, Richard
L Zdunkewicz/HOU/EES@EES, Richard Leibert/HOU/EES@EES, Richard
Shapiro/NA/Enron@ENRON, Rita Hennessy/NA/Enron@ENRON, Robert
Badeer/HOU/ECT@ECT, Roger Yang/SFO/EES@EES, Rosalinda Tijerina/HOU/EES@EES,
Sandra McCubbin/NA/Enron@ENRON, Sarah Novosel/Corp/Enron@ENRON, Scott
Gahn/HOU/EES@EES, Scott Stoness/HOU/EES@EES, Sharon Dick/HOU/EES@EES,
skean@enron.com, Susan J Mara/NA/Enron@ENRON, Tanya Leslie/HOU/EES@EES, Tasha
Lair/HOU/EES@EES, Ted Murphy/HOU/ECT@ECT, Terri Greenlee/NA/Enron@ENRON, Tim
Belden/HOU/ECT@ECT, Tony Spruiell/HOU/EES@EES, Vicki Sharp/HOU/EES@EES,
Vladimir Gorny/HOU/ECT@ECT, Wanda Curry/HOU/EES@EES, William S
Bradford/HOU/ECT@ECT
		 Subject: Materials Provided to California Governor

Attached are the final versions of confidential materials provided to the
Governor's office.

Best,
Jeff


i was going to watch the saints game with some friends at 7.

"K. Bass" <daphneco64@bigplanet.com> on 08/11/2000 12:34:46 PM
Please respond to "K. Bass" <daphneco64@bigplanet.com>
To: Eric Bass <Eric.Bass@enron.com>
cc:
Subject: Re: ArcaMax Weird News for August 11, 2000

Why so early?
----- Original Message -----
From: "Eric Bass" <Eric.Bass@enron.com>
To: "K. Bass" <daphneco64@bigplanet.com>
Sent: Friday, August 11, 2000 12:23 PM
Subject: Re: ArcaMax Weird News for August 11, 2000

>
>
> actually, i was thinking about an early dinner, like 4-4:30?
>
> let me know
>
>
>
>
> "K. Bass" <daphneco64@bigplanet.com> on 08/11/2000 12:10:07 PM
>
> Please respond to "K. Bass" <daphneco64@bigplanet.com>
>
> To:   Eric Bass <Eric.Bass@enron.com>
> cc:
> Subject:  Re: ArcaMax Weird News for August 11, 2000
>
>
> You are too funny!  Are you going to convert? Dinner tomorrow here around
> 6:30, o.k.?  LU-M
> ----- Original Message -----
> From: "Eric Bass" <Eric.Bass@enron.com>
> To: "Shanna Husser" <Shanna.Husser@enron.com>; <Jason.Bass2@COMPAQ.com>;
> <daphneco64@bigplanet.com>; <lwbthemarine@bigplanet.com>
> Sent: Friday, August 11, 2000 11:08 AM
> Subject: ArcaMax Weird News for August 11, 2000
>
>
> >
> >
> >
> > ---------------------- Forwarded by Eric Bass/HOU/ECT on 08/11/2000
11:08
> AM
> > ---------------------------
> >
> >
> > Brian Hoskins
> > 08/11/2000 10:58 AM
> >
> > To:   Eric Bass/HOU/ECT@ECT, Hector Campos/HOU/ECT@ECT, Lenine
> >       Jeganathan/HOU/ECT@ECT, Roberto
> >       Martinez/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, John
> House/HOU/ECT@ECT, Luis
> >       Mena/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
> > cc:
> > Subject:  ArcaMax Weird News for August 11, 2000
> >
> >
> >    A new book that says men may beat their wives has caused an outcry in
> > Turkey.
> >    The Guardian newspaper reports that "The Muslim's Handbook," written
by
> > retired cleric Kemil Gubran, advised men not to hit too hard and to
avoid
> > the face. It also said that if a man's wife is ill and he can't afford a
> > servant, he could take a second wife.
> >    The book was published by the state-funded Pious Foundation, which is
> > affiliated with Turkey's religious directorate. In the past decade, the
> > directorate -- which appoints Muslim clerics and dictates topics for
> > mosques -- has been presenting a modern interpretation of Islam to
include
> > expanded roles and rights for women.
> >    "I am outraged that such a book was published with state funds, with
> > money women paid in taxes," said Zuhal Krilic, the head of Kader, a
group
> > promoting women in politics.
> >    A book published in Spain several weeks ago also said a Muslim man
> could
> > beat his wife -- and included tips and instructions -- although it
> > counseled that the best way to bring a woman in line was through verbal
> abuse.
> >
> >
> >
> >
> >
> >
>
>
>
>
>
>
>


In case of problems accessing the NYISO website for submitting schedules and
such, try this alternative site for access... I have found this to be
available when the main site is down... I would try the main site first
though...
https://mtdev.nyiso.com
-narsimha


Can you help them with this?
----- Forwarded by Mark Taylor/HOU/ECT on 06/05/2001 09:06 AM -----

	Sylvia Hu/ENRON@enronXgate 06/04/2001 05:46 PM 	   To: Mark Taylor/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT  cc: Tracy Cooper/Enron Communications@Enron Communications  Subject: FW: ISDA

Are you the keeper of Enron's ISDA membership?  If so, can you let us know membership ID?  Tracy Cooper/Cynthia Harkness in EBS Legal are interested to access some ISDA publications which are limited to members only.

Thanks,
Sylvia Hu
Corporate and Law Information Services
x36775

 -----Original Message-----
From: 	Flores, Nony
Sent:	Monday, June 04, 2001 5:17 PM
To:	Hu, Sylvia
Cc:	Overturf, Elaine; Obrecht, Paulette
Subject:	Re: ISDA

Sylvia,

You may want to check either with Mark Taylor or Tana Jones.

Thanks.
Nony

	Sylvia Hu/ENRON@enronXgate 06/04/2001 05:01 PM 	   To: Elaine Overturf/ENRON@enronXgate, Nony Flores/HOU/ECT@ECT, Paulette Obrecht/ENRON@enronXgate  cc:   Subject: ISDA

Hi!

Does anyone know who at Enron is the contact person for ISDA ( International Swaps and Derivatives Association, Inc.) (http://www.isda.org) membership?

Sylvia
x36775

 -----Original Message-----
From: 	Cooper, Tracy
Sent:	Monday, June 04, 2001 4:53 PM
To:	Hu, Sylvia
Subject:	Hi Sylvia

Sylvia

we are members of ISDA -- we are listed as a primary member -- however there is a place to logon and I don't have that password -- any idea who the keeper of that would be?

thanks!

Tracy J. Cooper
Legal Specialist
Enron Broadband Services
Phone: (713) 345-9534
Fax: (713) 646-8537
Tracy_Cooper@Enron.net


Per my earlier e:mail.

Thanks

Steve Van Hooser
Enron North America Corp.
1400 Smith
EB3877
Houston, Texas  77002
713-853-7238
----- Forwarded by Steve Van Hooser/HOU/ECT on 04/24/01 08:52 PM -----

	"Jay Sonnenberg" <jsonnenberg@bracepatt.com>
	04/23/01 09:07 PM

		 To: <bob.percopo@aig.com>, <christopher.lee@aig.com>,
<michael.walsh@aig.com>, <Jgrushkin@milbank.com>, <wbice@milbank.com>
		 cc: "Clark Thompson" <cthompson@bracepatt.com>, <Heather.Kroll@enron.com>,
<ozzie.pagan@enron.com>, <steve.van.hooser@enron.com>
		 Subject: Securities Purchase Agreement (Highstar/ENA)

This time with attachments...

Attached are both clean and marked copies of the revised draft of the
Securities Purchase Agreement, which incorporates the changes discussed in
our meetings last week in NY.  As to the revised draft, please note the
following:

1)  The revised draft does not consider any of the changes to the structure
of the deal that will be required to solve the brokerage issues discussed
earlier today among the lawyers.  We are not sure at this point as to how
these problems will be overcome, but will get back to you with our thoughts
as soon as we can, and any assistance from the Buyer's perspective would be
much appreciated.  In the meantime, ENA has told us to try to keep moving
forward to the extent we can on the SPA.

2)   There are still a number of issues in the SPA which the parties have not
yet resolved.  Included in these open points are the following:

     a)  ENA feels very strongly about the need for a cap on liabilities and
that the proposed amount of the cap in this case is already one of the
highest agreed to in recent transactions.

     b)  Reps and warranties - after considerable discussion among various
parties at ENA, we have left out a number of the "Material Adverse Effects"
and "Knowledge" qualifiers that were proposed in our original draft,  as
discussed in NY.  However, we have added back a few where it was the strong
consensus at ENA that these were market terms accepted in prior similar
transactions.  The standard for applying materiality is still open - in some
cases we left the Buyer's proposed "could reasonably be expected" language;
in other places we went back to the "is likely to have" language because in
prior transactions, buyers have accepted the much stronger "would have"
standard, which we should probably have insisted on from the beginning.  We
have also limited the real estate and environmental reps as discussed because
of the insurance that ENA has already purchased and paid for to protect the
Buyer from these risks.  The IP reps were deleted because of the lack of any
material known IP related to the Facilities.

    c)   We have limited the opinions to be delivered to certain regulatory
opinions only and omitted the Buyer's opinion entirely because of the size of
this deal and the feeling that further internal opinions from ENA did not
provide the Buyer with any further assurances.

Please call us with any questions or comments on the SPA or the above.   We
are also still waiting for your conceptual list of comments on the Asset
Management Agreement.

Best regards,

Clark and Jay

Jay Sonnenberg
Bracewell & Patterson, L.L.P.
711 Louisiana St., Suite 2900
Houston, TX  77002-2781
(713) 221-1417 (Ph)
(713) 221-2158 (Fax)

 - #1269388 vRED - SECURITIES PURCHASE AGREEMENT (AIG).doc
 - #1269388 v8 - SECURITIES PURCHASE AGREEMENT (AIG).doc


Cuiaba status:
1.  GT 11 -- parts still scheduled for shipment from manufacturer November 4.  Plan for operation Dec. 1, 2001.  We are seeking a commercial solution for payment of parts and services with Siemens.

2.  GT12 -- repairs complete for first fire Oct. 2, 2001. Full commissioning scheduled long before year end deadline.

3.  Coverage:  We have a verbal assertion from insurance adjuster for coverage, both property damage and BI.  No written confirmation.  Our legal analysis among US & Brazilian lawyers is that '"penalties" under the PPA for delay damages and the availability shortage will be covered by BI, but we have no confirmation from the insurer.

4.  Warranty issues:  GT 12 is covered by warranty, confirmed by Siemens.  GT11--continuing investigations indicate potential warranty coverage for the parts on GT11, and should conclude that investigation this week.  It appears this would not preclude BI coverage from the insurer.

5.   BI:  Enron's BI calculations experts are preparing BI models for the insurance auditors.

6.  Force majeure:  While Brazilian counsel advises that under Brazilian law, this failure could be characterized as a force majeure event, further analysis of the root cause is prudent, along with an agreement by the adjuster that the insurer expects to pay for any legal battle with Furnas arising out a force majeure claim. There is no imminent deadline regarding FM notice to Furnas, since Furnas was already informed of the incident and a notice was also given that this is potentially a FM event.  It is my reading of the PPA and Brazilian law that this is a tenuous claim and would result in a major dispute with Furnas and delays in payment, even if the insurer pays for the defense.  The only reason we would pursue it is in our duty to act as the "prudent uninsured." It is my advice that this is a claim we should not pursue.  We should have a root cause analysis on Oct. 4 to finalize/confirm this decision.

7.  Shell:  Preparing for mediation with Shell regarding budget end of  OCT.

8.  Furnas:  Potential for arbitration against Furnas appears inevitable. We have no decision from Furnas although the minister with primary responsibily for resolving the Cuiaba situation assured a resolution by last Friday. I am advising Pete on the cost, timing, and logistics for arbitration and preparing the lawyers to begin drafting a Request for Arbitration if we don't get a resolution this week.


I accused Carlos of being a deal killer.

ckm

	From:  Ben F Jacoby @ ECT                           05/03/2001 07:55 PM

Sent by: Ben Jacoby@ECT
To: Carlos Sole, Kay Mann, Chris Booth, Christopher Calger, W David Duran
cc:

Subject: SW501D5A - Montana Power

I spoke to Tom Loberg of Montana Power today regarding the status of our
discussions on the D5A. He advised me that part of their merger deal with
Northwestern Corp required that projects such as the one contemplated for the
D5A required the approval of Northwestern's board. Montana presented the
project to Northwestern's board today, but the board declined to grant such
approval. Tom declined to provide me any further insight.

We will of course immediately begin to pursue other sales opportunities for
this turbine. FYI, our exclusivity agreement with Northwestern expires
tomorrow.

Regards,

Ben


Kay-
    As we discussed, attached is a copy of my resume.

 Regards
Ed.


Thanks

 -----Original Message-----
From: 	Engel, Tom
Sent:	Monday, February 04, 2002 4:52 PM
To:	Keiser, Kam
Subject:	RE: EOL access

You still have access to test - the data is just old - but strangely won't effect you too much.   Doubt it will be refreshed - due to production being the priority.

Stephanie will set you up in the new production by the end of the day.  Don't get too excited - it all looks the same.
All the programming effort has been put on the website.

Temporary link to new production cluster

http://remoteservices.netco.enron.com/   (select - UBSWenergy Cluster)

 -----Original Message-----
From: 	Keiser, Kam
Sent:	Monday, February 04, 2002 4:40 PM
To:	Engel, Tom
Subject:	RE: EOL access

Thanks,

Will the test database be converted by Thursday?  We will be unable to verify that the deals are bridging correctly unless we can see the EOL reports.

Kam

 -----Original Message-----
From: 	Engel, Tom
Sent:	Monday, February 04, 2002 4:36 PM
To:	Keiser, Kam
Subject:	RE: EOL access

You will have access soon - Stephanie will send you your ID's and passwords.

We have a lot of work to do in there - so we don't want everyone in there quite yet.  The problem is - if traders are playing with the products while we are trying to re-build the products and data elements with UBS names - we are going to have issues.

The other thing I want to make sure everyone understands - this is our new production data base - not a test data base.
There are a limited number of authorized users assigned to "testing" or playing around with the data - and they are responsible for cleaning it up too.
We will allow people to play for the simulation only.

Once we finish building our UBS production data base - we will the copy it to our test data base - and resume our bridge testing from there to the other test environments (our test environment still has the old Enron data).

 -----Original Message-----
From: 	Keiser, Kam
Sent:	Monday, February 04, 2002 3:18 PM
To:	Engel, Tom
Subject:	EOL access

Tom,

Everyone in risk management needs to get access to EOL bridge monitor and reports.  What do we need to do to get this and how soon can it be granted?  We need this by Thursday to be prepared for testing.

Thanks

Kam


Twanda, please prepare a consulting agreement.  Thanks.  Michelle

------------------------------------------------------------------------------
---------------------------

Michelle Cash
Enron North America Corp.
1400 Smith Street, EB 3823
Houston, Texas  77002
(713) 853-6401
michelle.cash@enron.com

This message may contain confidential information that is protected by the
attorney-client and/or work product privileges.
----- Forwarded by Michelle Cash/HOU/ECT on 06/29/2000 03:55 PM -----

	Lloyd Will
	06/29/2000 03:54 PM

		 To: Michelle Cash/HOU/ECT@ECT
		 cc: Kevin M Presto/HOU/ECT@ECT, George Hopley/HOU/ECT@ect, Madhup
Kumar/Corp/Enron@ENRON
		 Subject: Consulting agrement

Michelle as discussed please prepare a consulting agreement for a contract
with Kema consulting.  I have attached one of their sample contracts for your
review.

Effective July 3rd for 6 months.
Company Name - Kema ECC, Inc.
Location- Fairfax Virginia 22033-3899
Fee structure that we have agreed to is on a task release basis and is not to
exceed $50,000 (all costs).
The fee schedule is missing and I will forward it to you as soon as I receive
it.
Please ensure that non disclosure wording is included in this contract.

Description of service

KEMA Consulting will assist the Enron "team" to create a new "Fundamental
Analysis System" by performing a concentrated review of the following areas:
 Systems Architecture
 Middleware
 Market Interfaces
 Data warehousing
 User Interface

This review will result in the creation of a systems requirements document
and overall plan.  As part of this service Kema will also provide a guardian
role and detailed consulting on a as required basis during the term of this
contract.

The Enron Signatory will be Kevin Presto  V.P. Enron Power Marketing.

Thanks.

---------------------- Forwarded by Lloyd Will/HOU/ECT on 06/29/2000 02:52 PM
---------------------------

Parvis Sigari <psigari@kemaconsulting.com> on 06/29/2000 11:41:35 AM
To: lloyd.will@enron.com
cc:
Subject: [Fwd: [Fwd: Sample Agreement]]

X-Mozilla-Status2: 00000000
Message-ID: <395B7B02.B8EA7216@kemaconsulting.com>
Date: Thu, 29 Jun 2000 12:36:18 -0400
From: Parvis Sigari <psigari@kemaconsulting.com>
X-Mailer: Mozilla 4.6 [en] (Win95; I)
X-Accept-Language: en
MIME-Version: 1.0
To: llyod.will@enron.com
Subject: [Fwd: Sample Agreement]
Content-Type: multipart/mixed; boundary="------------DC97FED899CEE9926551C24D"

X-Mozilla-Status2: 00000000
Message-ID: <395B78CA.99402ABC@kemaconsulting.com>
Disposition-Notification-To: Parvis Sigari <psigari@kemaconsulting.com>
Date: Thu, 29 Jun 2000 12:26:50 -0400
From: Parvis Sigari <psigari@kemaconsulting.com>
X-Mailer: Mozilla 4.6 [en] (Win95; I)
X-Accept-Language: en
MIME-Version: 1.0
To: Llyod.Will@enron.com
Subject: Sample Agreement
Content-Type: multipart/mixed; boundary="------------AF0BFAD679D70E354935DE92"

Lloyd:
Sorry it was our e-mail system. Enclosed please find the sample
agreement.
Thanks
Parvis

 - sample consulting agreement.wpd.doc


-----Original Message-----
From: 	Crenshaw, Shirley
Sent:	Thursday, October 25, 2001 2:15 PM
To:	Black, Tamara Jae; Rangel, Ina; Coneway, Betty J.
Subject:	Presentation Announcement

Hello everyone:

Would you please forward this announcement to your groups?  I really appreciate your help!

Thanks!

Shirley Crenshaw

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

You are invited to attend the following presentation:

PSIM: A Power Simulation Tool

PSIM is a proprietary model developed by Enron Research Group.

?	It takes Power, Gas, Weather and demand information into consideration and
	uses Monte-Carlo simulation to assess the expected deal value and risk distribution.
?	It evaluates complex electricity related contracts such
as Full Requirement  and load following contract.
?	It also provides a valuation tool for power assets and asset management deals.
?	It works for both deal specific or portfolio issues.

In this presentation we will show how the model can be used to deal with various types
of contracts, explain the model structure and point out further applications.

Date:		October 30, 2001
Time: 	4:00 pm
Location: 	EB5C2
Presenter: 	Alex Huang

Registration is required for a head count.
Please call Shirley Crenshaw at 3-5290 to register.

Pizza and soft drinks will be served.


BREAKING NEWS from CNN.com

-- Anthrax spores found in Gov. George Pataki's New York City office, CNN confirms.

Watch CNN or log on to http://CNN.com /AOL Keyword: CNN for the latest news.
**********************************************************************
Watch CNN for the latest developments as America Strikes Back
including morning updates with Paula Zahn and an in-depth special
each weeknight at 10 p.m. ET with Aaron Brown
**********************************************************************
To unsubscribe from CNN.com's Breaking News E-Mail Alert, log on to:
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Subscribe to CNN.com's daily news overview, weekly political review
or any CNN.com e-mail product at http://CNN.com/email
(c) 2001 Cable News Network, Inc.
An AOL Time Warner Company

CNN Interactive email id:9053120503264989


HOEGH GALLEON, DATE:	06-June-2001	12:00	16:00	(UTC)
A) Position at noon:	N	21 42	W	076 33
B) Dist. From last noon:	427	nm
C) Dist. To go to next port:	1049	nm
D) ETA next port:	LAKE CHARLES	09-Jun 04:00	LT
E) 1: Av. wind/sea	Wind:	E 4	Sea:	4
    2: Average speed	17.08	kn	RPM:	82.5
    3: BOG 	201.6	m3
    5: F.O Consumed	21	MT
    6: G.O. Consumed	0	MT
    7: Average vapor press		Average liq. Temp:
Tk1:	0.128	bar	-158.13	?C
Tk2:	0.126	bar	-158.19	?C
Tk3:	0.126	bar	-158.25	?C
Tk4:	0.126	bar	-158.25	?C
Tk5:	0.130	bar	-158.15	?C
Brgds Knut Bentzr?d
Master LNG/C "Hoegh Galleon"

E-mail: master.gall@hoegh.no
Teleph: Inmarsat tel.no. 330853910
Fax   : Inmarsat fax no. 330853913
Telex : Inmarsat B telex no. 330853915
Telex : Inmarsat C telex no. 430853910 (24hrs.watch)


Dan,     Ann Elizabeth is drafting an Assignment and Bill of Sale to handle
this.

	Dan J Bump@ENRON
	Sent by: Dan J Bump@ENRON
	08/28/2000 08:51 AM

		 To: Gerald Nemec/HOU/ECT@ECT
		 cc: Shonnie Daniel/HOU/ECT@ECT
		 Subject: Re: Gathering Company Reps.

G-

This looks fine to me.

One follow-up question re: Kennedy North Kitty:

As part of the original Kennedy deal, we purchased some gathering lines from
Kennedy that he had constructed from the wellhead to a pod.  However, we
never executed the Purchase and Sale Agreement.  Should I (Mike or Ken)
pursue getting this document in place with Kennedy ASAP?

Thanks.

Dan


There had been some interest in this.  See me with questions...there is a
hard copy in your mailbox.


well you are gonna have to work out for 2 hours a day.  i want you to stay in
top shape.  you can be my trophy wife.  are you really moving to austin soon?