Liz/Carol

Attached is the email I received from Kevin Meredith, which details the
current physical product option status on EOL, with examples.

Marcus
----- Forwarded by Marcus Nettelton/NA/Enron on 05/03/2001 11:40 AM -----

	Kevin Meredith/ENRON@enronXgate
	05/01/2001 12:45 PM

		 To: Marcus Nettelton/NA/Enron@ENRON
		 cc:
		 Subject: Physical options

Marcus,

I know this is quite an assortment of data, but I wanted to supply you with
enough to be useful.  We have no US physical option products built.  We have
plenty of US financial option products.  If this information is confusing,
please do not hesitate to contact me.

German Pwr Phy Put - No products built
A Transaction with Enron Capital & Trade Resources Limited, under which the
Option Buyer determines, on the Exercise Date, whether, in case of a Put
Option, it shall deliver and the Option Seller shall take and pay for the
Contract Capacity at the Strike Price in respect of each hour during the term
of the Transaction. The Contract Capacity shall be the volume submitted by
Counterparty via EnronOnline. In case of a Call Option, the Option Buyer
determines, on the Exercise Date, whether it shall take and pay for, and the
Option Seller shall deliver, the Contract Capacity at the Strike Price in
respect of each hour during the term of the Transaction. The Premium is
payable by the Option Buyer and shall be the price submitted by Counterparty
via EnronOnline multiplied by the total number of hours during the term of
the Transaction multiplied by the specified quantity of electric power.

German Pwr Phy Call - Product included
A Transaction with Enron Capital & Trade Resources Limited, under which the
Option Buyer determines, on the Exercise Date, whether, in case of a Put
Option, it shall deliver and the Option Seller shall take and pay for the
Contract Capacity at the Strike Price in respect of each hour during the term
of the Transaction. The Contract Capacity shall be the volume submitted by
Counterparty via EnronOnline. In case of a Call Option, the Option Buyer
determines, on the Exercise Date, whether it shall take and pay for, and the
Option Seller shall deliver, the Contract Capacity at the Strike Price in
respect of each hour during the term of the Transaction. The Premium is
payable by the Option Buyer and shall be the price submitted by Counterparty
via EnronOnline multiplied by the total number of hours during the term of
the Transaction multiplied by the specified quantity of electric power.
The term of the Transaction shall be from 00:00 hours (prevailing Central
European Time) on the Effective Date (or start date) to 00:00 hours
(prevailing Central European Time) on the day following the Termination Date
(or end date). The Effective Date (or start date) is 01 Jan 2002. The
Termination Date (or end date) is 31 Dec 2002.
The Delivery Point shall be on the RWE Netz High Voltage Grid.
The price is quoted in Euro per unit of volume, which will be the Contractual
Currency.
The unit of measure against which the price is quoted shall be megawatt-hours
(MWh) and the quantity shown shall be in MW's delivered in each applicable
hour for the duration of the Transaction (the "Hourly Quantity').
The Transaction shall be for a Baseload profile, being the delivery of
electric power at a steady rate between 00:00 hours (prevailing Central
European Time) and 24:00 hours (prevailing Central European Time) (totalling
24 hours per day) on a calendar day.
Electric power shall be delivered at a point, or points on the 380/220 kV
level.
The Option style and type shall be a European Call, ("EC").
The Exercise Date or Exercise Period shall be 13 Dec 2001.
The Strike Price shall be 21.5 Euros/ MWh

US SO2 EA Phy Opt - No Products built
A Transaction with Enron North America Corp., under which the Option Buyer
purchases a Call Option granting it the right, in return for payment of the
Premium to the Option Seller, to buy from the Option Seller a quantity of SO2
Emission Allowances equal to the Designated Quantity at the Contract Price.
The Option Buyer shall pay the Premium to the Option Seller within three
Business Days of the Transaction.  The Option Buyer may only exercise the
Option on the Exercise Date, otherwise the Option will lapse.

US Gas Financial Call Option
A financial Option Transaction with Enron North America Corp., under which
the Seller receives the Premium and the Buyer receives the Cash Settlement
Amount. Each calendar month during the Term of the Transaction will be a
Determination Period, provided that if the Term of the Transaction is less
than one calendar month the Determination Period shall be the Term of the
Transaction.  The Notional Quantity per Determination Period shall be
calculated from the volume submitted by Counterparty on the Website in
accordance with the unit of measure.  The Premium shall equal the product of
(i) the price submitted by Counterparty via the Website, multiplied by (ii)
the Notional Quantity per Determination Period, multiplied by (iii) the
number of Determination Periods during the Term of the Transaction. The
Payment Date for the Premium shall be 2 business days after the Trade Date of
the Transaction. The Payment Date(s) for the Cash Settlement Amount shall be
5 business days after the Cash Settlement Amount is determinable. The Cash
Settlement Amount shall be the greater of (i) zero, or (ii) the product of
(a) the Notional Quantity per Determination Period, multiplied by (b) the
Index minus the Strike Price.  The Option style and type shall be a European
Call ("EC").  Automatic Exercise is Applicable.  The Strike Price for the
Transaction shall be as set forth on the Website.  The term of the
Transaction shall be from the Effective Date of 01 Aug 2001 to the
Termination Date of 31 Aug 2001.  The Exercise Period(s) shall be the
penultimate Trading Day of the NYMEX Henry Hub Natural Gas Futures Contract
for the applicable Determination Period. The Index for each Exercise Period
shall be the settlement price for the penultimate Trading Day of the NYMEX
Henry Hub Natural Gas Futures Contract for the applicable Determination
Period. The price is quoted in US Dollars per unit of volume, which will be
the Contractual Currency. The unit of measure against which the volume is
shown shall be 10,000 MMBtu's per month.

Kevin
(713) 853-9555


Per our conversation while you were here, attached is a list of all the
Japanese counterparties that have requested Password Applications from
EnronOnline.  Let me know you thoughts about this, and, as we discussed,
online due diligence with respect to Japanese counterparties.
----- Forwarded by Tana Jones/HOU/ECT on 10/12/2000 11:56 AM -----

	Lisa Lees
	10/05/2000 08:53 AM

		 To: Tana Jones/HOU/ECT@ECT
		 cc:
		 Subject: Japan PAs

Let me know if you need anything else.


Does everyone have access to the O Drive / Public Affairs directory?

I'd like to keep an external contact list (PUCs, Utilities, etc.) and any material we are creating (files, documents, etc.) in this area so the entire team has access in case someone is out for the day.

To get into this, go to MY COMPUTER, find the O Drive and then find the Public Affairs folder.  If you don't have access, please let me know.

Thanks,

Jim

P.S.  If I don't get to speak directly with everyone, I hope that y'all have a safe and happy Holiday Season!  See you in the New Year.


Jeff

I have never been accused of being subtle.  However, someone had to say it
and it is better to say it now than to have it come out later.

Phil

Dear David:

I am writing this note to you and not the committee.  I am worried
that too many of the signatories can be accused of trying use their
academic positions to achieve results desired by their consulting clients.
I riase this issue because more than one person has told me that "Paul
Joscow is owned by Edison."  While such statements are generally wrong I
believe you need to be sensitive to the potential attack.  In particular, I
worry that our efforts will be undermined if too many of the individuals
signing the report have had extensive dealings with the state's three
largest utilities.  I can just see the headline "Apologists for utilities
offer solutions to state's energy problems."

You know we will be attacked after we issue the manifesto.  The
question is, will the attacks have merit.  If we were all white as the
driven snow there would be no problem.  However, under such circumstances
we would all be poor.

For this reason it is important to get independent academics and
non-academics with no connections to the utilities or generators to sign
the manifesto.  I fall into this later category as, I believe, do a number
of other individuals.  The addition of Solow would obviously help as would
Arrow or McFadden.  Dale Jorgenson would also be a great addition because
he has never worked or testified for these firms.  The same goes for Paul
Krugman.  On the other hand, Pual brings some heavy baggage.

I understand it is important to have as many names attached to the
manifesto as possible.  However, Paul's name may hurt.

Phil


---------------------- Forwarded by Robin Rodrigue/HOU/ECT on 10/22/2000
03:31 PM ---------------------------

Robin Rodrigue
10/13/2000 09:03 AM
To: Shannon McPearson/HOU/ECT@ECT, Brooklyn Couch/HOU/EES@EES,
rerodrigue@hotmail.com
cc:
Subject: FW: For my Friends

For those tired of the usual "friend" poems, a touch of truth!

When you are sad,.............I will get you drunk and help you plot revenge
against the scum sucking bastard who made you sad.
When you are scared,.........I will laugh at you and tease you about it
every chance I get.
When you are worried,.........I will tell you how much worse it could be and
to quit complaining.
When you are confused,........I will use little words to explain it to your
dumb butt.
When you are sick.........I will hold your hair while you pay homage to the
porcelain god.
When you fall......I will point and laugh at your clumsy butt.
This is my oath...............I pledge this till the end.
Why you may ask?...............Because you're my friend.

Hope it made you laugh - but you know I got your back!!!!!!!!


Of course I remember you and I thank you for your response. Please let Greg
know I contacted him and my cell phone # is 513-509-1625, should he get a
chance to call. Otherwise just let him know I'll try and get with him next
week as our conversation isn't time sensitive.

Congratulations to you as well and I'm sure things are busier than ever.

Regards,

Michael

At 02:58 PM 10/18/01 -0500, you wrote:
>Hi Michael,
>
>I don't know if you remember me, Liz Taylor, Greg's assistant.  Greg is
>traveling this week and I wanted to forward his numbers to you.
>
>WK#     713.853.5220
>Mobile# 713.922.0660
>
>Liz Taylor
>Exec. Assistant to Greg Whalley
>Office of the Chairman
>Enron Corporation
>Tel.   713.853.1935
>Fax   713.853.1838
>
>  -----Original Message-----
>From:   Michael Cyrus [mailto:mcyrus@amp161.hbs.edu]
>Sent:   Wednesday, October 17, 2001 3:22 PM
>To:     whalley@enron.com
>Subject:        Belated congratulations...
>
>Just wanted to drop you a note and congratulate you on your recent
>appointment (or should I say "anointment").
>
>Also wanted to (on the QT) have a discussion about our two company's and
>
>float an idea. I've been at Harvard for the past two months at the AMP
>program and have had a chance to really look at the direction, gait and
>opportunities for Cinergy and during that same time frame Enron has also
>
>gone through some dramatic change. As is said "a little bit of knowledge
>is
>a dangerous thing". It would be a good to see you at the very least and
>grab a good bourbon and cigar.
>
>I'll be out of the program in the middle of November and back in
>Cincinnati. Send me your number and I'll give you a call sometime and we
>
>can see if there is a reason to do anything but have the bourbon and
>cigar.
>Congratulations again on the obvious wisdom of the Enron empire. I'm
>sure
>they're braced for ignition.....
>
>Regards,
>
>Michael Cyrus
>
>
>
>
>
>**********************************************************************
>This e-mail is the property of Enron Corp. and/or its relevant affiliate
>and may contain confidential and privileged material for the sole use of
>the intended recipient (s). Any review, use, distribution or disclosure by
>others is strictly prohibited. If you are not the intended recipient (or
>authorized to receive for the recipient), please contact the sender or
>reply to Enron Corp. at enron.messaging.administration@enron.com and
>delete all copies of the message. This e-mail (and any attachments hereto)
>are not intended to be an offer (or an acceptance) and do not create or
>evidence a binding and enforceable contract between Enron Corp. (or any of
>its affiliates) and the intended recipient or any other party, and may not
>be relied on by anyone as the basis of a contract by estoppel or
>otherwise. Thank you.
>**********************************************************************


It currently appears that I will be on the road Wednesday and Thursday.
Figures!

I am going to send you a copy of the marked up interconnection agreement,
which has comments from various Enron people. I thought it might help you
think about which way to head.

I would appreciate receiving an electronic file of the IC you prepared.

Talk to you soon,

Kay


fyi
---------------------- Forwarded by Peggy Mahoney/HOU/EES on 08/28/2000 01:29
PM ---------------------------

kpope@enron.com on 08/28/2000 11:39:17 AM
To: <meberts@enron.com>, <pmahoney@enron.com>
cc:
Subject: Industry News: Charges of Gouging as Power Costs Skyrocket

fyi from kpope@enron.com

-------------------------------------------------------------------
E-mailed by: Dow Jones Interactive (R) Server Software
Folder: Industry News
-------------------------------------------------------------------

Headlines:
Charges of Gouging as Power Costs Skyrocket
Energy: Critics say tactics allowed in the deregulated market, which let
suppliers reap big profits, illustrate flaws in the system. As the
state's booming economy taxes the ability to meet electricity demands, a
federal investigation is underway.

-------------------------------------------------------------------
  National Desk
Charges of Gouging as Power Costs Skyrocket
Energy: Critics say tactics allowed in the deregulated market, which let
suppliers reap big profits, illustrate flaws in the system. As the
state's booming economy taxes the ability to meet electricity demands, a
federal investigation is underway.
CHRIS KRAUL
TIMES STAFF WRITER

Aug. 28, 2000
Los Angeles Times
Home Edition
Page A-1
Copyright 2000 / The Times Mirror Company

   With Southern Californians reeling from skyrocketing electric bills,
critics charge that fewer than a dozen power suppliers are reaping far
greater profits than are justified by the recent surge in wholesale prices
of the natural gas they use to create electricity.

  Their behavior is a major focus of a formal investigation announced
last week by federal regulators. Among those under scrutiny are power
merchants including Duke Energy, Dynegy,
Reliant Energy, Calpine,
Southern Co. and the Los Angeles Department of Water and Power. Critics
say the companies are earning huge windfalls selling energy to the two
state agencies charged with distributing power in California.

   The power merchants themselves deny any profiteering, describing their
market moves as legal business practices and welcoming the investigation.
   The underlying cause of California's energy turmoil is a severe
shortage of power-generating capacity to meet the soaring energy demands
of the state's booming economy. This summer the state at times has had to
import more than 20% of its energy needs, a shortfall equal to the output
of about 20 medium-size power plants. No plants of any size have been
built in the state in 10 years.
   But the problem goes beyond a supply-and-demand imbalance. The
so-called merchant power companies' ability to bend the market to their
advantage--using what appear to be legal strategies--illustrates what
many say are serious flaws in the state's deregulated energy market.
   One major flaw is that sellers do not have to participate in the
state's main electricity auction--the so-called "day forward" sale held
one day before electricity is delivered to the state's residences and
businesses. Instead, generators are withholding power until the day of
delivery, when desperate state agencies are willing to pay steep prices
to keep the power flowing.
   The upshot has been a doubling of electric bills for the 1.2 million
customers in San Diego Gas&Electric's coverage area, and Southern
California Edison and Pacific Gas&Electric customers may be facing
higher prices once their rates are unfrozen in 2002.
   There is little prospect for short-term relief; with no additional
power generation due for a year, the prices of natural gas and crude oil
are still rising. In fact, state officials expect the market to become
tighter over the next year as demand and fuel prices rise.
   In pointing the finger at the power merchants, Gov. Gray Davis, some
academics and utility executives charge that California consumers are
being victimized by sophisticated trading techniques that take advantage
of the market system to extract huge profits.
   Deregulation "only works if people act responsibly. It won't work if
people say their only goal is to make as much money as humanly possible,"
Davis said last week.
   This brokering takes place on the California Power Exchange and the
Independent System Operator, two agencies created by the 1996 legislation
that ostensibly opened up 70% of the state's power market--represented by
the PG&E, SCE and SDG&E service areas--to competition. To create that
competition, lawmakers ordered the utilities to sell power plants to
independent companies, which now are selling electricity to the state.
   The Power Exchange is a clearinghouse for the bulk of energy trading
that is completed a day in advance of delivery, which normally fills most
of the state's energy needs. The ISO, the nominal traffic cop arranging
deliveries over the power grid, also has the authority to hold same-day
power auctions for immediate delivery in the event of unexpectedly high
demand.
   The Power Exchange is subject to a price cap of $250 per
megawatt-hour, a ceiling imposed earlier this summer as prices began to
soar. But the ISO has the authority to pay as much as it has to for
supplementary power if the previous-day purchases prove insufficient to
keep the state's lights on.
   And it is the secondary ISO market where power suppliers, leveraging a
seller's market, are holding sway. By withholding their energy from the
Power Exchange and opting instead to bid their supply to the ISO, they
are betting that same-day shortages will generate prices as close to the
price cap as possible, possibly even above it.
   It's apparently working.
   On some days, the ISO has ended up buying one-fifth of the state's
energy needs, not the 5% to 10% maximum originally envisioned. In the
process, desperate to meet demand, the ISO is paying premium prices and
those prices are being passed along to consumers.
   The problem with the market apparently defies easy solutions. At an
emergency meeting Friday to discuss ways of dealing with the crisis, the
ISO board rejected a staff proposal to force energy merchants to allocate
at least 90% of the electricity they intend to sell in the "day forward"
auction held by the Power Exchange, instead of holding back until the day
of delivery.
   Although ISO Chief Executive Terry Winter said the measure would
restore some market order, the board rejected it on fears that it might
create unforeseen ramifications, possibly even power suppliers abandoning
the state altogether.
   As the market stands now, independent power companies have been able
to exploit the power shortages and the market's quirks to charge the
state higher rates than the increases in the price of natural gas would
seem to warrant, said Severin Borenstein, a UC Berkeley professor and
energy specialist.
   With fellow UC Berkeley professor James Bushnell and Stanford's Frank
Wolak, Borenstein studied the Power Exchange over a 15-month period ended
in September and found evidence of "market power," or the power
generators' ability to raise prices above competitive levels for
sustained periods.
   Unless there is collusion among two or more power providers, the
exercise of market power is not illegal, experts say. But if prolonged,
it is a symptom of a seriously dysfunctional market.
   "I think [market power] has probably gotten worse this year. There are
players big enough to move the price and move it a lot. Prices are
clearly way above their costs," Borenstein said.
   Edison CEO John Bryson and Stephen Baum, head of SDG&E parent Sempra
Energy, have similar criticisms. Their claims will be investigated by the
Federal Energy Regulatory Commission, the latest of five probes underway
into California's worsening energy predicament. "We'll see whether there
are alternative market rules that should be adopted to have a better
functioning, more efficient market," said Daniel Larcamp, FERC's director
of market tariffs and rates. "Looking at market power issues is an
important focus of our investigation."
   Power suppliers Duke Energy and Calpine denied any market
manipulation, saying the bulk of their energy is sold on long-term
contracts and is not used to unduly sway day-ahead prices on the Power
Exchange or same-day sales on the ISO.
   "No way are we manipulating the market, and we have welcomed
investigation into our business practices," said Tom Williams, spokesman
for Duke Energy's California regional office in Morro Bay. "It's easy to
point fingers at someone who controls only 4% of the market, much of
which has already been sold in the forward market months ago."
   Calpine spokesman Bill Highlander said the high prices are simply a
case of demand far outstripping the state's ability to meet it. "Ten
years ago, you had more supply than demand. Now you have a skyrocketing
demand from population growth, a robust economy and Internet-fed
additions to demand," Highlander said.
   Charles Cicchetti, a USC professor of government, business and the
economy, agrees and said the market is performing exactly as expected,
given supply shortages. He objects to the limited price ceilings opposed
by state officials.
   "The choice should be to either regulate the whole thing, go back to
where we were or let the market work," Cicchetti said. "This hybrid is
causing problems to get worse."
   But something appears to be worsening an already bad pricing
situation, and critics believe it is market manipulation. In the FERC
order initiating its investigation, the agency noted that California's
wholesale electricity costs on June 29 were $340 million--a sevenfold
increase over the same date in 1999. Over the same period, natural gas
prices only doubled.
   FERC will look at other aspects of the state's energy deregulation as
well--at the fact that utilities have no choice but to purchase power
from the central power exchange and have only limited power to hedge or
make bilateral deals on their own with outside firms.
   In an interview last week, the FERC's Larcamp said his agency is
reserving the right to roll back rates, order refunds or even impose a
new market framework to replace the Power Exchange and ISO.
   Larcamp said the FERC's probe will contrast California's troubled
power market with the Pennsylvania-Maryland-New Jersey system, which
gives end users more freedom to cut their own deals with suppliers. The
result is that Pennsylvania has more than 130 power suppliers competing
for the state's business, versus no more than 15 in California.
   *
   Times staff writers Nancy Vogel and Nancy Rivera Brooks contributed to
this story.

LATM0024100606

To view all headlines in the folder Industry News, go to
http://eeshou-dowj1/browsearticles.asp?folderid=1

To go to the front page of Dow Jones Interactive Intranet Toolkit Server
Software, go to
http://eeshou-dowj1/

-------------------------------------------------------------------
For assistance, contact Dow Jones Customer Service by e-mail at
djip.itkhelp@dowjones.com or by phone at 800-369-7466. (Outside the U.S.
and Canada, call 609-452-1511 or contact your local sales representative.)
-------------------------------------------------------------------
Copyright  , 2000 Dow Jones Reuters Business Interactive LLC. All Rights
Reserved.


Hi Louise.

This is you're understanding also, right?

--jay

 -----Original Message-----
From: 	Andrews, Naveen
Sent:	Friday, January 18, 2002 3:23 PM
To:	'nick.vasserman@ubsw.com'
Cc:	Webb, Jay
Subject:	Data

Nick,
     Per our conversation this morning regarding the data, Jay Webb who is in charge of IT has confirmed that we indeed will be able to take the time-series information of prices, vols, etc.  The only info. not transferrable is counterparty transactional data.  Please let Mike know that.
Naveen


Found one but only have it for 30 minutes.  EB 2541 3-3:30.
See you then...

 -----Original Message-----
From:  Becker, Lorraine
Sent: Thursday, May  10, 2001 10:59 AM
To: Kyle III, Bill
Subject:

EB2541   3-3:30

Lo

Lorraine Becker
EnronOnline
Marketing
713-853-1680 Office
713-646-2126 Fax
713-899-6501 Cellular
Lorraine.Becker@enron.com


You've probably seen a million pictures so far of the flooding.  But to give
you some perspective....All of the photos below are within 5 minutes/a few
blocks of my apartment.  Other than the $500 damage to my car, I didn't
experience any other losses (which I'm grateful for).


no just yahoo   :   dutch_quigley

 -----Original Message-----
From: 	Nguyen, Michael
Sent:	Monday, June 25, 2001 12:27 PM
To:	Quigley, Dutch
Subject:	instant messenger

dutch,

are you on aol instant messenger? if so what's your screen name?

thanks,
mn


Kate-
Per our conversation this afternoon, I have changed the rates as follows:

Enpower curve code, PWRM1 - from $3.75 to $375 for 4/01, 5/01& 6/01
ERMS curve code, MIDC - from $3.75 to $375 for 4/01, 5/01 & 6/01


Chris

These are the transactions I see as taking place on April 6, do you have any
additions,  also we need to negotiate the 90 additional at national fuel

Charlie

 - 4-6-2000 enroncestransactions.xls


Here are just a few I could remember.
----- Original Message -----
From: "Phil Kean" <kean.philip@mcleodusa.net>
To: <rkean@starband.net>; "Alan Kean (E-mail)" <rex04@msn.com>; "'Doug &
Karen Reiman (E-mail)'" <dkreiman@mcleodusa.net>; "Kathy Wedig (E-mail)"
<kat.wedig@netzero.net>; "Melissa Kean (E-mail)" <kean@rice.edu>; "'Steve &
Melissa Kean (E-mail)'" <skean@enron.com>
Sent: Saturday, June 23, 2001 9:59 PM
Subject: Re: Dadisms

>
> ----- Original Message -----
> From: "Robert Kean" <rkean@starband.net>
> To: "Alan Kean (E-mail)" <rex04@msn.com>; "'Doug & Karen Reiman (E-mail)'"
> <dkreiman@mcleodusa.net>; "Kathy Wedig (E-mail)" <kat.wedig@netzero.net>;
> "Melissa Kean (E-mail)" <kean@rice.edu>; "Phil Kean (E-mail)"
> <kean.philip@mcleodusa.net>; "'Steve & Melissa Kean (E-mail)'"
> <skean@enron.com>
> Sent: Saturday, June 23, 2001 7:08 PM
> Subject: Dadisms
>
>
> > I want to start a list around of some of dad's sayings.  Please add to
the
> > list and send it on to everyone.
> >
> > Run for the roundhouse Nellie, he'll never corner you there.
> > Slick as catshit and twice as nasty.
> > Like shit through a goose.
> >
> > Yeah, that's right, keep fiddlin' with that, you'll break it
> I think it's excess wild
> Ho! Ho! she cried in axis (accents?) wild and waved her wooden leg on
high!
>
> On  accounta the war.
>
> They'll have to shoot him on judgement day.
>
> Then of course, there are the names: Katy, Devie, My Little Mochawk, Phil
> Jofus, and Bubba
>
Choke a-- (referring to peanut butter)

> If it tastes good there are no calories

Didn't know you were in town (as driver passes on the right, etc.)

Like a couple of cub bears (meaning Rob and Phil)

Washington D.C. District or Corruption

Have some onions for defense

NetZero Platinum
No Banner Ads and Unlimited Access
Sign Up Today - Only $9.95 per month!
http://www.netzero.net


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

 - 11-20 1200 Report.xls


Sounds good to me!  Please make sure the daily volumes report is covered.
Hope you get lots of sun and have a great time!
		Swig

 -----Original Message-----
From: 	Soignet, Kenny
Sent:	Tuesday, May 01, 2001 8:03 AM
To:	Jim Schwieger/HOU/ECT@ENRON
Subject:	Vacation Days
Importance:	High

Can I take vacation days on May 25th & May 29th for my annual trip to Florida?
Thanks,
Kenny


Hey,
I just wanted to make sure you knew to use the new form - unilateral
confidentiality agreement.  Also, that we wanted to try and get it out to AES
either later today or early Monday.  Thanks again for your help.
Ben


are you planning on going to BTS? if so what night are you going to go? they're coming Nov. 14 & 15th.


---------------------- Forwarded by Peter F Keavey/HOU/ECT on 08/15/2000
02:51 PM ---------------------------

Scott Neal
08/15/2000 02:22 PM
To: Dick Jenkins/HOU/ECT@ECT, Peter F Keavey/HOU/ECT@ECT
cc:
Subject: Spread option on Tiverton for Bal '00

---------------------- Forwarded by Scott Neal/HOU/ECT on 08/15/2000 02:22 PM
---------------------------

	Enron North America Corp.

	From:  Kevin M Presto                           08/15/2000 02:12 PM

To: Scott Neal/HOU/ECT@ECT
cc:
Subject: Spread option on Tiverton for Bal '00

---------------------- Forwarded by Kevin M Presto/HOU/ECT on 08/15/2000
02:02 PM ---------------------------

John Llodra@ENRON
08/15/2000 09:46 AM
To: Mark Dana Davis/HOU/ECT@ECT, Edward D Baughman/HOU/ECT@ECT, Kevin M
Presto/HOU/ECT@ECT, John D Suarez/HOU/ECT@ECT
cc:
Subject: Spread option on Tiverton for Bal '00

Calpine-EMI wants to get a bid from us on a spread option on their Tiverton
plant in Tiverton, Rhode Island for Sept 1, 00 through Dec 31, 00.  (Tiverton
apparently has achieved full commercial status as of today)  I will be
pulling together a price today/tomorrow and was hoping to get back to them no
later than end of this week.  They are shopping this around to 4-5 entities
including us.  Here are some details FYI:

Day-ahead on-peak call on either power or gas
Power qty = 250 MW
Power strike = $45/Mwh
Gas qty = 30,666 mmBtu per day (16 on-peak hours), which results in an
implied heat rate of about 7667 mmbtu/GWh
Gas strike is $5.90/mmBtu
Gas is delivered to plant; they will assign their Algonquin gas capacity
rights which will allow secondary rights anywhere on the Algonquin G lateral
Power firmness:  unit contingent with availability guarantee of not less than
95%
Gas firmness:  secondary firm

Please get back to me ASAP with any comments or questions, including any
feedback on the degree of "strategic fit" this position would provide us.
Ed, I could especially use some gas expertise in scrubbing down the gas piece
and to make sure our gas curves are in the market (some miscellaneous
customer feedback I've gotten suggests our Northeast gas numbers are a bit
off).  Thanks all

John


This time with attachment...

-----Original Message-----
From: Dasovich, Jeff
Sent: Monday, November 26, 2001 6:18 PM
To: 'Dan Douglass'
Subject: RE: Wednesday's Filing

Dan: Looks good.  Sue calls me a party-pooper, but I've hi-lighted areas (in bold italics) that I think would benefit from some smoothing of the edges.  Not that I don't very much enjoy reading it.  I do.  I'm just concerned that it will unnecessarily create additional hostility in what is already--as you know--an incredibly hostile environment.  Thanks again.

Best,
Jeff

-----Original Message-----
From: Dan Douglass [mailto:douglass@energyattorney.com]
Sent: Monday, November 26, 2001 2:38 PM
To: Dasovich, Jeff
Subject: Wednesday's Filing

Jeff, I never received your input for the filing due Wedensday regarding the utilities' joint filing on DA suspension.  Could you please give me a call or email whatever you have?  Thanks!

Dan

Law Offices of Daniel W. Douglass
5959 Topanga Canyon Blvd.  Suite 244
Woodland Hills, CA 91367
Tel:   (818) 596-2201
Fax:  (818) 346-6502
douglass@energyattorney.com <mailto:douglass@energyattorney.com>


Attached are my first notes on Tennessee pipeline.  RUTH, you need to read these notes and render and opinion <== that's an accounting term.

Of course all rules are made to be broken but here are some ideas

1.  Put the notes in a word document and save it with the following naming scheme
		Notes_(pipeline name).doc

		Example ==>  Notes_Tennessee.doc

2.  Save the document under the pipeline directory,
		o:/Gas Structuring/Bankruptcy Folder/Transportation/(pipeline name)/Notes_(pipeline name).doc

		Example ==>  o:/Gas Structuring/Bankruptcy Folder/Transportation/Tennessee/Notes_Tennessee.doc

	Since we are just starting the process on most of the pipelines, we will need to create new directories for most of the pipelines.

3.  At a minimum, put the date you are making the notes, I don't think the time is so important.  I put in the time when its conversation, I just put in the date when I spend a couple hours working on something.  Ha - me work a couple of hours!!

4.  Put your initials at the end of the note so we know who made it.

5.  When you put someone's name in the document, put their phone number and tell us who it is, at least the first time you mention their name if that person is not someone we all deal with.  usually this would be the person your are speaking with at the pipeline.  First person that comes to me and says "buy me a pop" gets $.60.

6.  Last and certainly optional, I like to use the Comic Sans MF font because its more pleasing to the eye than the Times or Romans stuff but feel free to do your own thing.


Hi Kate,
We had a deal with Hinson Power Company, Inc. yesterday that we ended up not
confirming because the comments said that it was a buy-back of part of a
one-off deal and that Legal would prepare a special confirm.  There are no
comments entered for these deals that would indicate that they are the same
type of deal.  Are they?  Should we prepare a confirm letter?
Thanks!
Kim


OK for me.

	Lisa Lees
	03/29/2001 04:49 PM

		 To: Tana Jones/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT, Kelly
Lombardi/NA/Enron@Enron
		 cc: Tom Moran/Enron@EnronXGate, Stephanie Sever/HOU/ECT@ECT
		 Subject: Product Type Aprroval - US Plastic RGC3 Phy Fwd)

The product long description below will fall under the new product type US
Plastic RGC3 Physical Forward.  Credit (Tom Moran) has approved copying the
profiles for the new product type from the following:

 US Styrene FOB Physical Forward

Please respond by Monday, April 2.

Thank you.
---------------------- Forwarded by Lisa Lees/HOU/ECT on 03/29/2001 04:43 PM
---------------------------

Chris Walker
03/29/2001 02:28 PM
To: Jeff Blumenthal/Enron@EnronXGate, Susan Musch/Enron@EnronXGate, Bjorn
Hagelmann/Enron@EnronXGate, Mark Taylor/HOU/ECT@ECT, John
Viverito/Corp/Enron@Enron, Michael A Robison/HOU/ECT@ECT, Tom
Moran/Enron@EnronXGate, Anjali Abraham/Enron@EnronXGate, John
Swinney/Enron@EnronXGate, Alexia Gonzales/Enron@EnronXGate
cc: Lisa Lees/HOU/ECT@ECT, Stephanie Sever/HOU/ECT@ECT, Tana
Jones/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT, Kelly Lombardi/NA/Enron@Enron,
Tara Sweitzer/HOU/ECT@ECT, Dawn C Kenne/HOU/ECT@ECT, Torrey
Moorer/HOU/ECT@ECT, Kevin Meredith/Corp/Enron@ENRON, Melba
Lozano/HOU/ECT@ECT, Robert B Cass/HOU/ECT@ECT
Subject: Product Type Aprroval Needed! (US PlasticRGC3 Phy Fwd)

Your approval is needed for the following new product type in Datamanager.
Please see the steps for approval below.

Thanks,

CW
3-7533

US PlasticRGC3 Phy Fwd

A Transaction with Enron Petrochemicals Company, a division of Enron Liquid
Fuels, Inc., under which the Seller shall sell and the Buyer shall purchase,
at the Delivery Location specified below and at the specified
quantity/tolerance, quality and price, a stream of  refinery grade
propylene.  The stream shall include: refinery grade propylene with minimum
purity 65% propylene, a maximum of 2% butanes and heavier, a maximum of 1%
ethanes and lighter, a maximum of 10 ppm of sulfur, 1 copper strip test, with
propane as the remaining balance (the &Stream8). The quantity shall be the
volume submitted by Counterparty via the Website.

The term of the Transaction shall correspond to the date(s) set forth in the
Product description on the Website.

The transaction is for delivery via scheduled pipeline to Dynegy Storage,
Mont Belvieu, Texas.  Title to and risk of loss of the product shall pass to
Buyer when the product enters the receiving inlet valve of the storage well.
The price  shall be determined as follows: (a) the price for contained
Propylene shall be the price submitted by Counterparty via the Website, and
(b) the price for all other components shall be the 'Avg' price for Liquefied
Propane Gas published in the table entitled 'Mont Belvieu Spot Gas Liquids
Prices' under the heading 'Non-TET Propane:  Any Current Month in the issue
of Oil Price Information Service ('OPIS') that reports prices effective for
each month during the term of the Transaction.

The price is quoted in cents (US) per unit of measure which will be the
Contractual Currency.  The volume quoted on the Website is in barrels for the
entire Stream.

The unit of measure against which the price is quoted for the entire Stream
shall be as follows: (a) contained propylene shall be quoted in cents per
pound (lb) and (b) all other components shall be quoted in cents per gallon
(gal) as specified in the OPIS publication described above.

STEPS FOR APPROVAL:

click the  START button
select  PROGRAMS
select  TEST APPLICATIONS
select ENRONONLINE CLUSTER(PROD)
 PROCEED WITH USUAL LOGIN/PASSWORD
click the Enron Online Production Cluster "START" button
select EnronOnLine (this is the EOL Datamanager)
 PROCEED WITH EOL LOGIN/PASSWORD
click on the "+" for EnronOnLine
click on the "+" for Product Types
click on the "+" for "Awaiting Approval" (OR  "Partially Approved")
select the product requiring review as stated in e-mail above
Right "mouse" click on "properties" to view product set-up
TO APPROVE:  Right mouse click on "Approved"


Here is the list Marcelo and I put together in September (see attachment at
the bottom).

---------------------- Forwarded by Shona Wilson/NA/Enron on 10/16/2000 05:00
PM ---------------------------

	From:  Shona Wilson                           10/05/2000 12:44 PM

To: Mike Jordan/LON/ECT@ECT
cc:

Subject: Re: action point list

---------------------- Forwarded by Shona Wilson/NA/Enron on 10/05/2000 12:48
PM ---------------------------

	From:  Shona Wilson                           10/02/2000 07:27 AM

To: Paul Wallace/HEL/ECT@ECT
cc: Tim Poullain-Patterson/LON/ECT@ECT, Richard Sage/LON/ECT@ECT, Mike
Jordan/LON/ECT@ECT, Alfred.pennisi@mglondon.com, marcelo.parra@mgusa.com,
Louis.colarusso@mgusa.com, Andy Cornfield, William Morley/EU/Enron@Enron

Subject: Re: action point list

Dear Paul,

Thanks for the update.  Can you liase with Al Pennisi and Marcelo Parra to
look at the R&N information?  We are trying to get a handle on how
comfortable we are outsourcing the majority of the middle office for the US
brokerage business.  Not just settlements, but nearly all functions.  Al is
putting together some information regarding R&N.  Together with Al, Kevin
Rhodes and Marcelo we should be able to come to a recommendation (either the
middle office operations is something we should start to do ourselves, or
that we think it is best to continue to use R&N as an outsourcer for the
brokerage business).

If you want to discuss call me at 713 853 9123.

Regards

Shona

Paul Wallace @ ECT

10/02/2000 03:18 AM
To: Shona Wilson/NA/Enron@ENRON
cc: Tim Poullain-Patterson/LON/ECT@ECT, Richard Sage/LON/ECT@ECT, Mike
Jordan/LON/ECT@ECT, Alfred.pennisi@mglondon.com@ENRON, Mary
Perkins/HOU/ECT@ECT, marcelo.parra@mgusa.com@ENRON,
Louis.colarusso@mgusa.com@ENRON, Andy Cornfield@ENRON, William
Morley/EU/Enron@Enron

Subject: Re: action point list

Hi Shona,

Ideally I think Will Morley (recent hire to London Documentation team) should
be looking after the Documentation area as he is managing the London
side (I will confirm this)

On the Settlements side I am happy to look at the Rolfe & Nowlan side as I
have around 10 years experience using and developing R&N in my
previous employments

thanks

	Enron Capital & Trade Resources Corp.

	From:  Shona Wilson @ ENRON                           29/09/2000 19:08

To: Tim Poullain-Patterson/LON/ECT@ECT, Richard Sage/LON/ECT@ECT, Mike
Jordan/LON/ECT@ECT
cc: Alfred.pennisi@mglondon.com, Mary Perkins/HOU/ECT@ECT,
marcelo.parra@mgusa.com, Louis.colarusso@mgusa.com, Andy Cornfield, Paul
Wallace/HEL/ECT@ECT
Subject: action point list

As requested, here is the action point list Marcelo & I put together for NY.

Best regards

Shona


> ERCOT has published a replacement invoice to add final settlement
> statements to the previously issued invoice with a due date of
> 11/13/01.  This invoice was previously published with initial
> settlement statements for trade days of 09/28/01 through 10/04/01.
> The replacement invoice adds final settlement statements for trade
> days 08/17/01 through 08/23/01 to this invoice.  The replacement
> invoice was posted to the portal on 10/18/01.
>
> Please update your records to replace the previously issued invoice
> and process any payments due ERCOT as per the replacement invoice.
> ERCOT will process the any payments due to QSEs as per the replacement
> invoices.
>
> Ted  Hailu
> Client Relations Manager
> Electric Reliability Council of Texas
> E-mail: Thailu@ercot.com
> Telephone: (512) 248-3873
>
>


The lawsuit is being walked down to the courthouse as I write this.  I will let you know as soon as it is filed.


TIPS ON INTERVIEWING AND UPDATING YOUR RESUME

WHEN: TUESDAY 11/6 OR 11/7 FROM 7:35 TO 8:10

WHERE: CAREER CENTER CONFERENCE ROOM S420

COME LEARN SOME TECHNIQUES AND PROCESSES ON HOW TO SELL YOURSELF IN AN
INTERVIEW AND ON PAPER IN YOUR RESUME.

A John Morel presentation.


Thomas: Can you please answer the following questions:
1. What is the NYC Gate volume that can be switched to NYH#6, NYH#2 and
Diesel ?
2. What utilities have this capability, and what is the volume per utility?
3. What is the volume outside NYC that can be switched?
4. Explain the mechanism for determining the fuel oil pricing

I was at the meeting I had to leave early, thanks Brad


I have done multiple trades today and I also did several last week.   Please clean up my Holdings page to net longs and shorts.   How is your office reacting to the news about UBS acquiring our energy trading operation?

thanks.

Kevin Presto
Vice President, East Power Trading
Phone:  713-853-5035
Cell:  713-854-3923
Fax:  713-646-8272


In yesterday's prepared testimony before Barton's subcommittee, Chairman
Hebert stated:  "Finally, I emphasize that the Commission's open access
program for natural gas transportation has resulted in a vibrant,
transparent, liquid competitive market for natural gas.  It is critical that
we continue to develop the same type of competitive, comparable markets for
electric energy and transmission as well, and to do so as expeditiously as
possible."


Below is the opinion from Rajah & Tann on the arrest of the vessel.

In summary:

1. We need to ascertain if the vessel was under a head timecharterparty as
that would determine the proper party to an action (ie, owners or time
charterers) and the proper vessel to arrest (ie. owner's vessel or time
charterer's vessel).

I have instructed Rajah & Tann to do the necessary searches and
investigations. Russell is also asking the broker for any information which
may be helpful.

I have also instructed Rajah & Tann to put the vessel and any other vessel
ECTS may potentially arrest on shipwatch. The cost of shipwatch is SGD50 to
SGD60 per month per vessel.

2. To arrest the vessel, a writ in rem, a warrant of arrest and a supporting
affidavit of the the facts will have to be prepared.  The writ and warrant
can be obtained within one working day (or over the weekend if necessary and
if the duty registrar is contactable).

We would need to quantify the claim. John, Russell and Sheila  - please let
me have an exact breakdown of the loss incurred.

3. There is practically no possibility of wrongful arrest in this case. Third
party cargo pwners also would not have an action against ECTS as the
arresting party.

4. Security can be posted by the vessel owners to secure the vessel's release.

5. Legal fees for arrest would be in the region of SGD10,000. Disbursements
payable to the Sheriff of the High Court would be between SGD4000 to SGD
SGD7000 (assuming release of the vessel with a week). Other search fees and
shipwatch fees may amount to about SGD2000.

Regards

Matt

---------------------- Forwarded by Matthias Lee/SIN/ECT on 10/07/99 11:38 AM
---------------------------

kian.sing.toh@sg.rajahtann.com on 10/06/99 08:18:39 PM
To: Matthias Lee/SIN/ECT@ECT
cc: Matthias Lee/SIN/ECT@ECT

Subject: pacific valour

Dear Matthias,

Attached please find opinion.  I have discussed with Steven Chong the issues
of
third party claims and merits of Enron's claim.  He agrees with me.

I sent two copies of this advice to your office by fax, as requested.  Please
ignore the first copy as it contains some inadvertent typo errors.

(See attached file: Enron-1 (revision).doc)

*******************Internet Email Confidentiality Footer*******************

Privileged/Confidential Information may be contained in this message.  If you
are not the addressee indicated in this message (or responsible for delivery
of
the message to such person), you may not copy or deliver this message to
anyone.
In such case, you should destroy this message and kindly notify the sender by
reply email. Please advise immediately if you or your employer does not
consent
to Internet email for messages of this kind.  Opinions, conclusions and other
information in this message that do not relate to the official business of my
firm shall be understood as neither given nor endorsed by it.

 - Enron-1 (revision).doc


Deal # 547201

Texas General Land office has called and is disputing that this sale is a
part of the month exchange deal for transport.
Do we have the name of the trader at Texas General Land Office that did this
deal with us ?

The sale was for 01/01-01/31 for 99,200 mmbtus at $9.82.

Thanks - Katherine


These are  the rules, no exceptions especially 15.

1. Any Man who brings a camera to a bachelor party may be legally
killed and eaten by his fellow partygoers.

2. Under no circumstances may two men share an umbrella.

3. It is ok for a man to cry under the following circumstances:
a. When a heroic dog dies to save its master
b. The moment Angelina Jolie starts unbuttoning her blouse
c. After wrecking your boss' Ferrari
d. One hour, 12 minutes, 37 seconds into The Crying Game
e. When your Date is using her teeth

4. Unless he murdered someone in your family, you must bail a
friend out of jail within 12 hours.

5. Acceptable excuse for not helping a friend move
a. Your legs have been severed in a freak threshing accident

6. Acceptable excuse for not helping a friend of a friend move:
a. You'd rather stay home and watch speed buggy reruns

7. If you've known a guy for more than 24 hours, his sister is  off
limits forever, unless you actually marry her.

8. The minimum amount of time you have to wait for a guy who's  running
late is 5 minutes. Maximum waiting time: 6 minutes. For a girl,  you have
to wait 10 minutes for every point of hotness she scores on the  classic
1-10 scale.

9. Bitching about the brand of free beer in a buddy's fridge is
forbidden. Gripe at will if the temperature is unsuitable.

10. No man shall ever be required to buy a birthday present for  another
man. (In fact, even remembering your buddy's birthday is strictly
optional.)

11. On a road trip, the strongest bladder determines pit stops,  not the
weakest.

12. While your girlfriend must bond with your buddies'  girlfriends
within 30 minutes of meeting them, you are not required to make  nice
with her gal pals' significant dick-heads--- low level sports
bonding is all the law requires (sorry ladies, it's called a  double
standard because it's twice as true).

13. Unless you have signed a lucrative endorsement contract, do  not
appear in public wearing more than one swoosh.

14. When stumbling upon other guys watching a sporting event, you  may
always ask the score of the game in progress, but you may never  ask
who's playing.

15. You may flatulate in front of a woman only after you have  brought
her to climax. If you trap her head under the covers for the  purpose of
flatulent entertainment, she's officially your girlfriend.

16. Only in situations of Moral and/or Ass peril are you allowed  to
kick another guy in the nuts.

18. Unless you're in prison, never fight naked.

19. Friends don't let friends wear Speedos. Ever. Issue closed.

20. If a man's zipper is down, that's his problem---you didn't  see
nothin'.

21. Women who claim they "love to watch sports" must be treated  as
spies until they demonstrate knowledge of the game and the  ability to
pick a buffalo wing clean (chicken wing).

22. You must offer heartfelt and public condolences over the  death of a
girlfriend's cat, even if it was you who secretly set it on fire
and threw it into a ceiling fan.

23. A man in the company of a hot, suggestively dressed woman  must
remain sober enough to fight.

24. Never hesitate to reach for the last beer or the last slice  of
pizza, but not both. That's just plain mean.

25. If you complement a guy on his six-pack, you'd better be  talking
about his choice of beer.

26. Never join your girlfriend or wife in dissing a buddy of  yours,
except if she's withholding sex pending your response.

27. Phrases that may not be uttered to another man while lifting
weights:
a. Yeah, Baby, Push it!
b. C'mon, give me one more! Harder!
c. Another set and we can hit the showers!
d. Nice Ass, Are you a Sagittarius?

28. Never talk to a man in a bathroom unless you are on equal  footing:
both urinating, both waiting in line, etc. For all other  situations, an
almost imperceptible nod is all the conversation you need.

29. Never allow a conversation with a woman to go on longer than  you
are able to have sex with her. Keep a stopwatch by the phone;  Hang
up if necessary.

30. When a buddy is trying to hook you up, you may sabotage him  only in
a manner that gives you no chance of getting laid either.

31. You cannot rat out a coworker who shows up at work with a  massive
hangover. You may however, hide the aspirin, smear his chair with
limburger cheese, turn the brightness dial all the way down so he
thinks his monitor is broken, and have him paged over the
loudspeaker every seven minutes.

32. The morning after you and a babe who was formerly "just a  friend"
have carnal drunken monkey sex, the fact that you're feeling  weird and
guilty is no reason not to nail her again before the discussion  about
what a big mistake it was.

33. Always split aces and eights. No arguments.


Attached is our report for April, 2001.

Emily Sellers
ETS Legal Department
P. O. Box  1188 (77251-1188)
1400 Smith Street, Room EB4771
Houston, Texas 77002
Ph. 713-853-7172
emily.sellers@enron.com


To update you on the status of this customer.  With regards to the Master
Agreement, we await their response regarding two points in the Guaranty.
Concerning the GISB, at their request I have e-mailed again our draft.

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


-----Original Message-----
From: 	Poston, David
Sent:	Tuesday, December 11, 2001 1:10 PM
To:	Forney, John M.
Subject:	FW: Layoffs

 -----Original Message-----
From: 	Amador, Susan
Sent:	Monday, December 10, 2001 3:36 PM
To:	Poston, David
Subject:	FW: Layoffs

 -----Original Message-----
From: 	Belden, Tim
Sent:	Monday, December 10, 2001 12:48 PM
To:	DL-Portland World Trade Center
Subject:	Layoffs

Last week was the hardest week that our office has ever experienced.  When I look down the list of people who were laid off I see the names of some very talented people.  Things have unfolded so quickly -- the reality of the situation is settling in for me, and probably many of us, today.

Again, I wanted to express my thanks and gratitude to everyone on our floor -- both current and former employees.  In the interest of keeping people informed about who is here and who is gone, below is a complete list of layoffs done last week within the west power team.

Last Name	First Name
Coffer	Walter
Alport	Kysa
Ausenhus	Kara
Axford	Kathy
Bryson	Jesse
Burry	Jessica
Butler	Emily
Cadena	Angela
Chen	Andy
Chen	Lei
Cocke	Stan
Cox	Chip
Dalia	Minal
Deas	Patty
Frost	David
Fuller	Dave
Gang	Lisa
Guillaume	David
Hall	Erin
Harasin	Leaf
Linder	Eric
Mainzer	Elliot
Maxwell	Dan
McCarrel	Steven
Mehrer	Anna
Merriss	Steven
Merten	Eric
Miles	Darryl
Mullen	Mark
Mumm	Chris
Nalluri	Susmitha
Porter	David
Presto	Darin
Soderquist	Larry
Symes	Kate
Thome	Jennifer
Tully	Mike
Van Gelder	John
Warner	Nicholas
Wilson	Susan
Browner	Victor
Calvert	Gray
Carranza	Octavio
Ha	Vicki
Mara	Sue
Perrino	Dave
Qureishi	Ibrahim
Turnipseed	Edith
Wong	Michael


OK, I believe we have a consensus.
If I understand correctly our posting period for this capacity expires on Monday at 5 p.m.
You should accumulate service requests for the capacity until that time.  Tie bids will be decided by a lottery.
If shippers ask you can explain to them that since this is newly posted capacity, we're posting it until 5 p.m. Monday and will not award capacity until that time, and if requests for service exceed available capacity we'll award it based on the procedures in Section 13 of the FTS-1 Rate Schedule.

 -----Original Message-----
From: 	Miller, Mary Kay
Sent:	Tuesday, March 20, 2001 5:55 PM
To:	Scott, Susan
Cc:	Fossum, Drew; Pavlou, Maria; Huber, Lee; Lokay, Michelle; Hyatt, Kevin; Fawcett, Jeffery; Hass, Glen; Darveaux, Mary
Subject:	RE: TW posting question -- URGENT

Per our previous decisions, we have utilized the provisions of section 13 for purposes of allocating capacity.  Therefore I agree with Maria, that we would need to conduct a lottery if there are tie bids. I also agree that the reference to fCFS in Section 1 is meaningless and should be eliminated.  I would guess that that was there from inception, and has just been a non event.   Mary, put on clean up log.   MK

From:	Susan Scott/ENRON@enronXgate on 03/20/2001 05:14 PM
To:	Drew Fossum/ET&S/Enron@ENRON, Maria Pavlou/ENRON@enronXgate
cc:	Mary Kay Miller/ET&S/Enron@ENRON, Lee Huber/ET&S/Enron@ENRON, Michelle Lokay/ENRON@enronXgate, Kevin Hyatt/ENRON@enronxgate, Jeffery Fawcett/ENRON@enronxgate

Subject:	RE: TW posting question -- URGENT

It does say first come first served, but then in the ROFR section says we won't maintain a queue.
Maybe we should delete "first come, first served" next time we do a tariff cleanup filing?

 -----Original Message-----
From: 	Fossum, Drew
Sent:	Tuesday, March 20, 2001 5:05 PM
To:	Pavlou, Maria
Cc:	Scott, Susan; Miller, Mary Kay; Huber, Lee; Lokay, Michelle; Hyatt, Kevin; Fawcett, Jeffery
Subject:	RE: TW posting question -- URGENT

I agree.  However, does the first paragraph of the TF rate schedule say we will use first come first served?  I remember seeing something that struck me as odd but I don't have the tariff in front of me.  Thanks. df

From:	Maria Pavlou/ENRON@enronXgate on 03/20/2001 04:52 PM
To:	Susan Scott/ENRON@enronXgate, Mary Kay Miller/ET&S/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON, Lee Huber/ET&S/Enron@ENRON
cc:	Michelle Lokay/ENRON@enronXgate, Kevin Hyatt/ENRON@enronxgate, Jeffery Fawcett/ENRON@enronxgate

Subject:	RE: TW posting question -- URGENT

I'm assuming that we did not post any parameters or allocation methodology on March 19.   Without any parameters, we're better off sticking as close to the tariff allocation mechanism as possible.  The reason we post for 5 days is to have a pseudo-open season, giving everyone a shot at this capacity and treating all shippers during the open season similarly no matter when they came in.  Allocating the capacity on a FCFS basis is contrary to the open season concept.   I think we would be better off to treat both shippers similarly by allocating their equal bids pursuant to the lottery mechanism which is set forth in our tariff.  That's my vote.   thanks, maria

 -----Original Message-----
From: 	Scott, Susan
Sent:	Tuesday, March 20, 2001 4:09 PM
To:	Miller, Mary Kay; Fossum, Drew; Huber, Lee; Pavlou, Maria
Cc:	Lokay, Michelle; Hyatt, Kevin; Fawcett, Jeffery
Subject:	TW posting question -- URGENT
Importance:	High

Conoco did not exercise its right of first refusal on 20,000 of capacity on TW so it has gone back out on our EBB yesterday.
Mindful of our posting guidelines for newly available capacity (i.e. 5 days before we sell for a year or more, 3 days before we sell it for a term of 5 months - 1year, 1 day if we are going to sell it for 5 months or less), assume the following scenario:

March 19:  capacity is posted
March 21:  Shipper A calls one of our marketers and offers max rate for the capacity for 2 years
March 22:  Shipper B calls and offers max rate for the capacity for 2 years
March 23:  posting period ends (assuming of course that the capacity got posted at 9 a.m. on March 19)

Questions:  Who gets the capacity?  What do we tell Shippers A and B?

We could say "first come first served," but our tariff specifically states that we will not maintain a queue.
Is the better answer that we accumulate service requests until the close of the posting period, then have a lottery?

Please let me know your comments.  We need a consensus ASAP -- before we get that first offer.  Thanks.


Randy,
Brian asked me to e-mail you and let you know that he and Tracy left this
morning for Russia to pick up one year old Jack, our wonderful, new grandson.
He tried to call you but said he must have had the wrong number.
Jeff Frommelt
Grandpa


From today's Daily Update, you'll have the opportunity to download
professional perspectives from top analysts at Bear Stearns & Co.,
Lehman Bros., Morgan Stanley, Instinet Research, CIBC World Markets,
and others.

For free research, editor's picks, and more come to the Daily Investor:
http://www.multexinvestor.com/magazinecover.asp?nd=0601#investor
***************************************************************
You are receiving this mail because you have registered for
Multex Investor. To unsubscribe, see bottom of this message.
***************************************************************

======================== Sponsored by =========================
Get 10 FREE issues of Investor's Business Daily. More than just a newspaper,
Investor's Business Daily is a unique research tool designed to identify
winning stocks with insightful charts and ratings you can't find anywhere
else.This offer carries no obligation and there's nothing to cancel.

http://ibd.infostreet.com/cgi-bin/freeoffer.cgi?source=A362GGL
===============================================================

Featured in today's edition of the Daily Update:

1. TODAY'S SPECIAL REPORT: Argus Research's team comments on the
economy's outlook and the Fed's next moves, as well their impact on
stocks.

2. DAILY FREE SPONSOR REPORT: Morgan Stanley reiterates its "strong
buy-volatile" rating on Visteon (VC).

3. FREE RESEARCH REPORT: Lehman Bros. points to five factors in defending
its bullish stance on the REIT industry.

4. ASK THE ANALYST: RabbittAnalytics.com's Paul Rabbitt believes we will
not retest prior lows.

5. INDEPENDENT'S INVESTMENT REVIEW: Do fundamentals and technicals
support a continued run in the S&P Electric Utilities group?

6. PERSONAL FINANCE'S ASK THE EXPERT: Alan and Stephen Cohn, certified
financial planners and founders of Sage Online

7. HOT REPORT: Bear Stearns & Co. reports on the three-month average
expectations of orders at the capital-equipment level.

8. INVESTORS' CHOICE: 3-DAY FAVORITE: Friedman, Billings, Ramsey & Co.
offers a long-term perspective on "far-sighted" large-cap IT companies.

9. EDITOR'S PICK: CIBC World Markets examines the trends and expectations
for the broadband cable-equipment sector.

10. INVESTMENT IDEAS: Growth potential outweighs nonexistent profits in a
recent tally of Multex's "most recommended" stocks.

11. CHATTING UP WALL STREET GURUS: Joe Battipaglia, chairman of investment
policy, Gruntal & Co.

12. MESSAGE BOARDS: Charles McQuaid of Liberty Acorn Fund says Getty
Images [GETY] is "a win from all sides." Find out why.

======================== Sponsored by =========================
Buy stocks for just $3!  Here's a great way to invest for the long-term.
ShareBuilder lets you make dollar-based investments in the stocks
and index shares you choose.  Transactions cost just $3 ($2 for a
child's account!) and there are no account or investment minimums.

http://service.bfast.com/bfast/click?bfmid=29150849&siteid=38314164&bfpage=home
===============================================================

1. TODAY'S SPECIAL REPORT
Responding to the U.S. growth recession -- Argus Research's team comments
on the economy's outlook and its impact on select stocks.

The report's authors pick Cisco (CSCO) as the "focus stock," evaluate 11
growth stocks, 10 value stocks and 6 utility stocks, and comment on the
firm's latest ratings changes (40-page report for purchase - $10).
Click here.
http://www.multexinvestor.com/download.asp?docid=20689879&nd=0601

2. DAILY FREE SPONSOR REPORT
Visteon (VC) -- Morgan Stanley sets a $30-price target on the global auto
parts supplier.

The firm cites many key positives, such as growth from new technologies,
margin and cost improvements, and new business wins. Register for the
firm's free-research trial to access this report on the "strong
buy-volatile" rated stock.
Click here.
http://www.multexinvestor.com/download.asp?docid=20268633&sid=8&nd=0601

3. FREE RESEARCH REPORT
Real estate investment trusts (REITs) -- Lehman Bros. points to five
factors in defending its bullish stance on the industry.

The firm reiterates its "strong buy" recommendations on eight stocks,
noting that "what is new about REIT share prices are that they're
behaving the way textbooks suggest...like low beta stocks." This report
remains free for a limited time.
Click here.
http://www.multexinvestor.com/magazinecover.asp?nd=0601#investor

4. TODAY IN THE ANALYST CORNER
Investors' forward expectations -- RabbittAnalytics.com's Paul Rabbitt
believes the market's latest "pause" was healthy.

Rabbitt believes we will not retest prior lows. Find out the right stocks
to own in this market. He will be in the Analyst Corner only until 5 p.m.
ET Mon., June 4, so be sure to ask your question now. Ask the analyst.
Click here.
http://www.multexinvestor.com/ACHome.asp?nd=0601

Find the right stocks to own in this market. Get Rabbitt's Daily Rankings
for Free.
Click here.
http://www.rabbittanalytics.com/signup_multex3.asp

5. INDEPENDENT'S INVESTMENT REVIEW
Electric utility stocks -- Instinet Research examines whether fundamentals
and technicals support their continued run.

The classic defensive play -- the entire S&P Electric Utilities group of
26 stocks -- is among the best performing segment since the S&P 500 peaked
in March 2000. The analysts forecast the group's outlook (11-page report
for purchase - $25).
Click here.
http://www.multexinvestor.com/download.asp?docid=20704787&nd=0601

======================== Sponsored by =========================
Win $25,000 in the Multex Investor Challenge -- Round 2!

Experience online investing without risk! Manage a $100k virtual
portfolio with the chance to win GREAT prizes including $25,000.
Hone your skills, build confidence, become a better investor!

http://www2.investmentchallenge.com/multex?promo=unl
===============================================================

6. PERSONAL FINANCE'S ASK THE EXPERT
Alan and Stephen Cohn, certified financial planners and founders of Sage
Online

Being prepared for both the ups and downs of the market will not only be
profitable but will also give you greater peace of mind. The Cohns are
available to answer investors' queries until Sun., Jun 3. Ask the Expert,
now.
Click here.
http://multexpf.com/asktheexpert.asp?target=/personalfinance/asktheexpert/home&nd=0601

7. WHAT'S HOT?
Semiconductor book-to-bill ratios -- Bear Stearns & Co. reports on the
actual and expected range for orders at the capital-equipment level.

The document's authors look at back-end and front-end orders and shipments
across the industry for April. The firm forecasts near-term stock-price
reaction and entertains whether we've reached a chip-price bottom (1-page
report for purchase - $10).
Click here.
http://www.multexinvestor.com/download.asp?docid=20696291&nd=0601

8. INVESTORS' CHOICE: 3-DAY FAVORITE
What's ahead for technology in 2003 to 2004 -- Friedman, Billings, Ramsey
& Co. offers a long-term perspective on "far-sighted" IT companies.

The firm presents a large-cap valuation analysis on IBM (IBM), Cisco
(CSCO), Dell (DELL), EMC (EMC), Hewlett-Packard (HWP), Intel (INTC),
Microsoft (MSFT), Oracle (ORCL), WorldCom (WCOM), and five others (4-page
report for purchase - $10).
Click here.
http://www.multexinvestor.com/download.asp?docid=20541266&nd=0601

9. EDITOR'S PICK: CURRENT RESEARCH FROM THE CUTTING EDGE
Cable-equipment sector in 2002 --  CIBC World Markets examines the trends
and expectations for this broadband niche.

Look at valuations and ratings for 12 suppliers, including ADC Telecom
(ADCT), Broadcom (BRCM), Harmonic (HLIT) and Scientific Atlanta (SFA). See
growth forecasts for digital cable and other industry innovations (18-page
report for purchase - $50).
Click here.
http://www.multexinvestor.com/download.asp?docid=20698102&nd=0601

10. INVESTMENT IDEAS
The most recommended stocks on Wall Street -- Potential still overrides
profits for many of Wall Street's favorites.

Multex Investor's latest survey of "most recommended" stocks shows that
Wall Street can still deal with money-losing companies as long as profits
are in sight and growth potential is significant. Writer Tom Ryan
explains.
Click here.
http://www.multexinvestor.com/magazine.asp?ref=ideas20010601.html&nd=0601

11. CHATTING UP WALL STREET'S GURUS
Joe Battipaglia, chairman of investment policy, Gruntal & Co.

In an AOL MarketTalk appearance, Battipaglia explains why he sees domestic
growth ahead. He identifies several retail stocks he feels offer
"interesting opportunities" and explains why local regional banks may be
worth a look. Read Sage Online's transcript.
Click here.
http://multexinvestor.sageonline.com/transcript.asp?id=15492&nd=0601

12. MESSAGE BOARDS
Talk about your favorite stocks

Charles McQuaid of Liberty Acorn Fund says Getty Images [GETY] is "a win
from all sides." Find out why, and share your opinion.
Click here.
http://multexinvestor.sageonline.com/page.asp?id=2904&ps=1&s=3&nd=0601

===================================================================
Please send your questions and comments to:
mailto:investor.help@multex.com

If you'd like to learn more about Multex Investor, please visit:
http://www.multexinvestor.com/welcome.asp

If you can't remember your password and/or your user name, click here:
http://www.multexinvestor.com/lostinfo.asp

If you want to update your email address, please click on the url below:
http://www.multexinvestor.com/edituinfo.asp
===================================================================
To remove yourself from the mailing list for the Daily Update, please
REPLY to THIS email message with the word UNSUBSCRIBE in the subject
line. To remove yourself from all Multex Investor mailings, including
the Daily Update and The Internet Analyst, please respond with the
words NO EMAIL in the subject line.

You may also unsubscribe on the account update page at:
http://www.multexinvestor.com/edituinfo.asp

===================================================================
Please email advertising inquiries to us at:
mailto:advertise@multex.com.

For information on becoming an affiliate click here:
http://www.multexinvestor.com/Affiliates/home.asp

Be sure to check out our other newsletters, The Internet Analyst
and The Telecomm Analyst by Multex.com. The newsletters will
inform, educate, and entertain you with usable investment data,
ideas, experts, and info about the Internet and Telecommunications
sectors. To see this week's issue,
click here:
http://www.theinternetanalyst.com or
http://www.thetelecommanalyst.com


In all week (as best I can tell right now).

	Joseph Alamo
	04/23/2001 11:58 AM

		 To: Susan J Mara/NA/Enron, Jeff Dasovich/NA/Enron, Alan Comnes/PDX/ECT@ECT
		 cc: Lysa Akin/PDX/ECT@ECT
		 Subject: Schedules Request for Week of April 23 - 27

Second request:  please forward your schedules to me for this week today.

Thank you!

---------------------- Forwarded by Joseph Alamo/NA/Enron on 04/23/2001 09:56
AM ---------------------------

	Joseph Alamo
	04/19/2001 03:47 PM

To: Paul Kaufman/PDX/ECT@ECT, Susan J Mara/NA/Enron, Sandra
McCubbin/NA/Enron, Jeff Dasovich/NA/Enron, Alan Comnes/PDX/ECT@ECT, Mona L
Petrochko/NA/Enron
cc: Lysa Akin/PDX/ECT@ECT

Subject: Schedules Request for Week of April 23 - 27

Please forward your *anticipated* schedules for next week to
me at your earliest convenience.

Thanks in advance for your assistance.

Joseph Alamo
Sr. Administrative Assistant
Government Affairs - The Americas
San Francisco CA


Steve:

Spoke with your assistant and have scheduled you to meet with the banks at 1:30pm regarding short term liquidity facility.  Listed below are the questions that the bank has sent to us.  Ben Glisan asked if you would please discuss these items.  Thanks.

1)	Update on FERC proceedings:
a)	Schedule for both CA and Pacific Northwest refund hearings
b)	What is ENE's exposure to potential CA / Pacific Northwest refunds?
c)	Does ENE expect FERC to investigate its affiliate relationships (e.g. El Paso)?
	What differentiates ENE from EPG?


FYI as we sort through this structure.
----- Forwarded by Sara Shackleton/HOU/ECT on 08/10/2000 04:58 PM -----

	Patrick Conner
	08/10/2000 01:06 PM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: MG plc's Integration with Enron NetWorks L.P.

This should give you the information that you were looking for.

PC
---------------------- Forwarded by Patrick Conner/HOU/ECT on 08/10/2000
12:52 PM ---------------------------
To: Patrick Conner/HOU/ECT@ECT
cc:

Subject: MG plc's Integration with Enron NetWorks L.P.

---------------------- Forwarded by Ibrahim Qureishi/Corp/Enron on 08/10/2000
12:57 PM ---------------------------

	From:  Stephen H Douglas @ ECT                           08/10/2000 12:56 PM

To: Bill W Brown/HOU/ECT@ECT, Jodi Coulter/HOU/ECT@ECT, Gareth
Bahlmann/HOU/ECT@ECT, Michael K Patrick/NA/Enron@Enron, Ibrahim
Qureishi/Corp/Enron@Enron
cc: Timothy J Detmering/HOU/ECT@ECT, Jordan Mintz/HOU/ECT@ECT

Subject: MG plc's Integration with Enron NetWorks L.P.

The following power point presentation graphically sets forth the steps
necessary to integrate MG plc into Enron NetWorks L.P.  This presentation
differs from that sent to several of you last week in that there are now
dotted lines in red around those pieces of MG that are affected at each stage
of the reorganization and solid red lines around the same pieces reflecting
where they wind up at each such stage - hopefully a more friendly on the eyes
presentation.  Please do not hesitate to call regarding any piece of the
presentation.  My best to all.  Steve.


----- Forwarded by Steven J Kean/NA/Enron on 09/20/2000 09:05 AM -----

	Ann M Schmidt
	09/19/2000 08:32 AM

		 To: Mark Palmer/Corp/Enron@ENRON, Karen Denne/Corp/Enron@ENRON, Meredith
Philipp/Corp/Enron@ENRON, Steven J Kean/NA/Enron@Enron
		 cc:
		 Subject: State's Power Grid Again Pushed to Brink of Rolling Blackouts Energy

F.Y.I.

  Business; Financial Desk
  State's Power Grid Again Pushed to Brink of Rolling Blackouts Energy: High
  temperatures, generator shutdowns push usage within 5% of capacity. Heat
wave is
  expected to continue today.
  NANCY RIVERA BROOKS

  09/19/2000
  Los Angeles Times
  Home Edition
  Page C-1
  Copyright 2000 / The Times Mirror Company

  Sweltering weather across California pushed the state's heat-stressed
electricity grid close
  to meltdown Monday, and state power officials urged electricity
conservation because today
  and Wednesday could be even worse.

  Power was cut to hundreds of large business customers and about 125,000
residential and
  business air-conditioner and agricultural pumping customers Monday after
the California
  Independent System Operator, which runs the electricity grid for about 75%
of the state,
  declared a Stage 2 power emergency. At Stage 2, when the grid is using more
than 95% of
  available power, the state's big investor-owned utilities are asked to
interrupt power to
  customers that have agreed to this voluntary action in exchange for
discounted rates.

  Grid reliability was threatened when two electricity units in Northern
California stopped
  working for a time as heavy air-conditioner demand began to push power use
higher,
  Cal-ISO spokeswoman Stephanie McCorkle said.

  Demand peaked at about 42,000 megawatts on the Cal-ISO grid, but the two
unidentified
  units, representing about 320 megawatts of generation, were returned to
service in the
  afternoon--in time to help keep the state from reaching its first Stage 3,
which would lead to
  neighborhood blackouts.

  "We were right on the edge of warning about a possible Stage 3," McCorkle
said. "A couple
  of generators fell offline in late morning, and that kind of gave everybody
a scare."

  A Stage 3 emergency would be declared if power reserves fall below 1.5%--in
essence,
  when the electricity grid is using more than 98.5% of available power--and
rotating outages
  of nonessential customers for an hour or longer would become likely to keep
the grid from
  failing. That would result in widespread blackouts lasting several hours.

  Electricity use was also high in the area served by the Los Angeles
Department of Water
  and Power, peaking near 4,750 megawatts Monday. But DWP customers were not
  threatened by power interruptions or rolling blackouts because the
municipal utility has
  more than enough generating capacity to meet demand.

  "We're doing OK as we have all summer long," said DWP General Manager S.
David
  Freeman.

  Cal-ISO asked Southern California Edison, Pacific Gas & Electric and San
Diego Gas &
  Electric to call on all of their interruptible-power customers to
immediately stop using
  electricity, representing a potential 3,000 megawatts, or roughly the
amount of electricity
  used by 3 million homes.

  Thousands of students at College of the Canyons in Valencia experienced the
California
  equivalent of a snow day Monday when power outage alarms rang about 1:30
p.m, the
  seventh time this year, college spokesman Sue Bozman said. If the college
doesn't pull the
  plug, it pays a big fine.

  "For several years, we saved $100,000 a year by being on this
interruptible-service plan,"
  said Bozman, who with other administrators finished the work day with
mobile phones and
  portable computers. "But when the alarm rings and we decline to turn off
our power, it's a
  whole different ballgame."

  One such day in May, during final exams, the college didn't cut power and
penalties totaled
  $30,000, she said.

  During the height of Monday's power crisis, PG&E--whose territory suffered
local blackouts
  on June 14 in a similar reliability emergency--kept an open telephone line
to Cal-ISO for
  minute-by-minute updates, spokesman Ron Low said.

  SCE and the other utilities begged customers to use as little electricity
as possible, and
  grocery stores around the state voluntarily reduced lighting and other
power use to comply.

  "We're issuing a call to action, a call that everyone needs to take
seriously," Pam Bass,
  SCE's senior vice president for customer service, said in a statement as
electricity use
  soared Monday. "If the demand for power does not decrease soon, we will be
directed by
  the state to begin shutting off power for blocks of customers. Everyone
needs to cut their
  use of power now to avoid forced outages."

  Today and Wednesday could be even more challenging: Cal-ISO is predicting
peak use of
  44,827 megawatts for today. Peak demand was expected to be 44,537 megawatts
on
  Monday, but conservation and power-interruption programs kept the total
lower.

  "We are anticipating tomorrow to be a good deal like today," SCE
spokeswoman Karen
  Shepard-Grimes said Monday. Electricity demand in SCE territory peaked at
17,860
  megawatts before the Rosemead-based utility asked power customers to cut
2,500
  megawatts of electricity. "It got really touchy today," she said.

  *

  Times staff writer Zanto Peabody contributed to this report.

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


I sent a copy of the agreement to Melissa Murphy via fax. I'll need to get
ahold of Chris Foster, who is in your Houston office at the moment, to locate
the original. He won't be back in the Portland office until Monday morning.
When would you like the original by? Just let me know - we'll get it to you
as soon as we can.

Thanks,
Kate
503-464-7486

Rhonda L Denton
04/12/2001 07:22 AM
To: Kate Symes/PDX/ECT@ECT
cc: Chris H Foster/HOU/ECT@ECT

Subject: Re: New CTPY Request

Can I get the original of this contract?

   Kate Symes                04/09/2001 03:09 PM

To: Rhonda L Denton/HOU/ECT@ECT, Melissa Ann Murphy/HOU/ECT@ECT
cc: Samuel Schott/HOU/ECT@ECT
Subject: New CTPY Request

I just heard from Samuel (thanks for your message!) that I need to send
Rhonda new counterparty information in order to get their names added to the
system. I called Rhonda, but it turns out she's out of the office for the
first part of this week, and her voice mail referred me to Melissa. (That's a
short explanation of why I'm sending this info. to all of you.)

Anyway, following is the information connected with the new counterparty name
Chris Foster has requested:

Name: Sierra Pacific Holding Company, dba Sierra Pacific Industries
Address: PO Box 496028
    Redding, CA 96049
Or: 19759 Riverside Ave.
      Anderson, CA 96007
Phone: (530) 378-8179
Fax: (530) 378-8139
Contact: Director of Energy Resources - Robert Ellery

I also have a copy of the Master Power Purchase and Sale Agreement if you'd
like me to fax that over. Just let me know how I can help. We've already
entered Chris's deal into the system with "New Counterparty," so the sooner
we can change that the better.

Thanks,
Kate


On the exam you will not be required to formally derive limit prices needed
to credibly signal low cost to deter entry.
    Jonathan Leonard
    Professor

tel: 510-642-7048  545 Student Services Building, #1900
fax: 510-642-4700  Haas School of Business
    University of California
    Berkeley, CA.  94720-1900


the second email
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 01/13/2000
09:26 AM ---------------------------

	Enron North America Corp.

	From:  Marie Heard                           01/12/2000 04:28 PM

To: Sara Shackleton/HOU/ECT@ECT
cc:
Subject: Re: Brokerage Account/CIESA Transaction

FYI!
---------------------- Forwarded by Marie Heard/HOU/ECT on 01/12/2000 04:28
PM ---------------------------

Bruce Harris@ENRON_DEVELOPMENT
01/12/2000 03:52 PM
To: Nancy Muchmore/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Rick Hopkinson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Andrea
Bertone/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Glenn E
Matthys/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Marie Heard@ECT
Subject: Re: Brokerage Account/CIESA Transaction

I do not know who should buy the shares.  Rick and Glenn, how do you want the
shares to be purchased and where do you want them owned?  Keep in mind that
if EPCA buys the shares and then sells them same day EDIDE (for example), we
will I believe need to open 2 accounts.  In addition, if the shares trade
over the exchange, I am not sure exactly how we will execute a private sale
between those 2 companies.  It seems to me that you may want to have the
ultimate owner actually make the purchase and then try to structure your
cashflows to accomplish your tax goals, rather than to accomplish those goals
by moving around the shares.  We can talk about this tomorrow but the sooner
we have the structure in place the sooner the account(s) can be opened.  We
will need to coordinate this structure with Corp. Treasury (Cathy Moehlmann
and Robin Veariel).

Regards,  Bruce

Nancy Muchmore
01/12/2000 02:25 PM
To: Bruce Harris/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rick
Hopkinson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Andrea Bertone/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Glenn E
Matthys/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Marie Heard@ECT

Subject: Brokerage Account/CIESA Transaction

Please let me know which company needs to open a brokerage account in
connection with the CIESA transaction.  Once you tell me which company it
should be, we can start the corporate authorization process and I will
coordinate with Marie Heard of ENA concerning other information she'll need
in connection with opening the account.

Please bear in mind that it will take some time (I'm not certain exactly how
long--I will find out) to get all of the proper authorizations and other
paper work into place, once you have decided on the company.

Nancy


<<CSFB_EnergyTech_dec7.pdf>>

Summary of Energy Technology Bulletin:

* Siemens Westinghouse and four European utilities have formed a
consortium to build a 1 MW hybrid power generation plant that will combine a
Siemens solid oxide fuel cell (SOFC) and a microturbine, which will be
supplied by the consortium utilities.  The unit will be tested as a
pre-commercial system for the European market and is expected to be in
operation by October 2003 at an Energie Baden-Wurttenberg AG (EnBW) facility
in Marbach, Germany.
* Two European utilities have awarded Siemens Westinghouse contracts
for their tubular solid oxide fuel cell system.  The two pre-commercial
units, one of which will be delivered to RWE Power AG in Essen (February
2002) and the other to Edison Spa in Milan (September 2002), will be 300kW
hybrid systems incorporating a microturbine and operating on natural gas.
* Real estate companies Arden Realty, CALPERS and RREEF dedicated two
large commercial solar power systems yesterday in Los Angeles.  The first
installation features nearly an acre of photovoltaic panels located on the
roof of a three-story office building owned by Arden Realty while the second
is located on an industrial building in Carlsbad, CA that is jointly owned
by CALPERS and RREEF (joint venture company is named CalWest Industrial
Properties).  Real Energy Corporation will sell the power generated by these
systems to the respective building owners.  Edison Development Corp., a
subsidiary of DTE Energy, supplied the solar panels that were built and
installed by PowerLight Corporation.

Regards,

Cameron Jeffreys
Associate
Energy Technology Research
CREDIT | FIRST
SUISSE | BOSTON
Voice: 416 352 4581
Fax: 416 352 4598
Email: cameron.jeffreys@csfb.com

 - CSFB_EnergyTech_dec7.pdf


Check out the latest version of Enron Business Online at home.enron.com.
Click on Publications, then on Enron Business and "Volume 5, 2000".  This
issue, read about what Ken and Jeff could have worn for Halloween costumes!

Also in this issue:

? Enron Broadband Services chips away obstacles;
? DealBench and the art of the paperless deal;
? Global risk managers structure risk even insurers can like;
? Diversity and what you think;
? Enron rescues a giant panda; and
? The Rise School leads lessons in compassion and ABCs.


Angela, if in your view, the issues brought up by Chase are an underlying dissatisfaction with the "entire" agreement, particularily the commodity "savings and advice" component, perhaps it would be advantageous for both Enron and Chase to sit down and re-negotiate.  From our point of view, given the execution and contract issues we currently have with the contract, this may be a win-win for the companies.  Let's sit down and discuss strategy - if you think it would be advantageous, I will replace Tom as senior level contact.

As per my voice mail from this weekend, I would like to get ahead of the potential issues brewing at a number of the other accounts particularily Starwood.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/EES on 04/30/2001 08:17 AM ---------------------------

Chris Holmes
04/27/2001 06:48 PM
To:	Angela Schwarz/HOU/EES@EES
cc:	David W Delainey/HOU/EES@EES, Evan Hughes/HOU/EES@EES, Jeremy Blachman/HOU/EES@EES, Dag Joraholmen/HOU/EES@EES, Gayle W Muench/HOU/EES@EES, Peggy Mahoney/HOU/EES@EES
Subject:	Re: Chase Marc Shapiro call to Jeff Skilling

Dag talked very briefly to  Manny prior to my getting your email--Dag will not talk to him again until you and Dag talk.

Manny told Dag that Chase wants all the holes filled in their  year 2000 data base-- Manny seemed to be at  a a loss to explain in more detail exactly what is bothering Chase.

I agree with your perception that Chase feels they are not getting financial and construction value; they also feel there was other  value promised them -- such as , in Manny's words, " strategic commodity management" , i.e.,  insights into, and advice on,  how to respond to changes in the commodity market.

Chris

Angela Schwarz
04/27/2001 06:15 PM
To:	Chris Holmes/HOU/EES@EES
cc:	David W Delainey/HOU/EES@EES, Evan Hughes/HOU/EES@EES, Jeremy Blachman/HOU/EES@EES, Dag Joraholmen/HOU/EES@EES, Gayle W Muench/HOU/EES@EES, Peggy Mahoney/HOU/EES@EES
Subject:	Re: Chase Marc Shapiro call to Jeff Skilling

I am requesting that Dag hold off on contacting Manny until Dag and I have met.  I know that we were scheduled to meet  on Tuesday to discuss these very issues but I can move this up to Monday morning.

 Dag and Cindy have dramatically improved the quality of our billing efforts but the basic contract structure precludes us from ever achieving  customer satisfaction (perfection).

 I really believe the underlying issue here is that Chase perceives they are not receiving the financial value they had anticipated from the commodity and construction agreements.  We presented a report to them last week that would support their position.  The lack of value created coupled with the  billing issues and a vacancy in senior sponsorship seems to have created the tension that ultimately could put us in a good position to re-negotiate this deal.

 We have identified several areas of contract restructure that will create immediate value for Chase and Enron, eliminate the billing issues and provide them the visibility into the financial performance of the agreement they have been requesting.

Jeremy has a strong relationship with Mark Shapiro and should be leveraged here.  We need to make sure our response to Mark maximizes the opportunity to get everybody back to the table.

I am going to the esource conference nex t week with Manny Patino, where he is presenting .  The main reason I am going is  damage control as many of our competitors  will be there and it is my intention to stay close to Manny. (a great heads up from Peggy).

ams

Chris Holmes
04/27/2001 05:42 PM
To:	David W Delainey/HOU/EES@EES, Evan Hughes/HOU/EES@EES, Jeremy Blachman/HOU/EES@EES, Angela Schwarz/HOU/EES@EES, Dag Joraholmen/HOU/EES@EES
cc:	Gayle W Muench/HOU/EES@EES
Subject:	Chase Marc Shapiro call to Jeff Skilling

Jeff Skilling called me this afternoon to say that he received a call from Chase Vice Chairman Marc Shapiro. Shapiro said that Chase was upset about:

1. Tom White and Gary Provo no longer being involved with the Chase account

2. Billing errors (unspecified problems)

I explained to Jeff that:

1. Chase wants someone at the Tom White level to continue to be their senior contact; Jeff said that that Dave might want to perform that function

2. We have made major improvements with the billing but we have not reached perfection; perfection is what Chase wants.

Next Steps:

1. We will have to let Chase know who will be their Tom White level contact.

2. Dag Joraholmen will contact Manny Patino at Chase to get specifics on the billing issues and with Evan's team determine what can be done to address such specifics.

<Embedded StdOleLink>
<Embedded StdOleLink>


The ENW Staff meeting for Thursday (05/24) will be held in EB27C2 from 12:00-1:30 pm.

Assistants:  Please let me know if your supervisor is unable to attend.

Thanks -

Peggy McCurley
Office of the Chairman
Enron Net Works
(713) 853-1832
Peggy.McCurley@enron.com


What about Adam Gross, Pavel Zhadorny, Mark Tawney?

	Shawna Johnson@ENRON
	02/22/2001 04:37 PM

		 To: Paul Adair/Corp/Enron@Enron, Jaime Alatorre/NA/Enron@Enron, Brad
Alford/NA/Enron@Enron, Phillip K Allen/HOU/ECT@ECT, Peter N
Anderson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, John Arnold/HOU/ECT@ECT, Harry
Arora/HOU/ECT@ECT, Edward D Baughman/HOU/ECT@ECT, Frank Bay/Enron
Communications@Enron Communications, Sally Beck/HOU/ECT@ECT
		 cc: Kevin McGowan/Corp/Enron@ENRON, Jennifer Fraser/HOU/ECT, Margaret
Rhee/Enron Communications@Enron Communications, Chris Hilgert/HOU/ECT@ect,
Jeffrey A Shankman/HOU/ECT@ECT, Sarah Mulholland/HOU/ECT@ECT, Beth
Miertschin/HOU/ECT@ECT
		 Subject: Need Penn Interviewers

This is a request for your interview participation.  The Associate and
Analyst Programs will be on the Penn, undergraduate campus interviewing
summer Analyst interns next week.  Due to business reasons, previously
scheduled interviewers from the Penn team have had to cancel their
participation.

Currently, I need three interviewers for Thursday, March 1st  and one
interviewer for Friday, March 2nd.  Please let me know of your availability.
Campus interviews are scheduled as follows:

Place:  University of Pennsylvania

Date:  Thursday, March 1st   Friday, March 2nd
  Day One Interviews    Day Two Interviews
Where:  On Campus    Inn at Pen
Time:  8:00 - 5:00    8:00 - 5:00

Interviewers: Kevin McGowan- confirmed
  Jen Fraser- confirmed
  Margaret Rhee- confirmed
  Chris Hilgert- confirmed

In the event that you have scheduling conflicts and cannot participate, any
referrals at the Director or VP level would be greatly appreciated.

As always, thank you for your time and please contact me @ ext 58369 if you
have any questions.

Shawna Johnson
Recruiting Coordinator


(See attached file: HPLN0309.xls)

 - HPLN0309.xls


GADSDEN RESEARCH  SERVICES'

FERCw  [IMAGE]tch?
?Issued?March  19,?2001
?
Gadsden Research Services is  pleased to announce the return of its periodic
report of FERC filings and  issuances, now known as FERCwatch.? During the
coming weeks, we will  be making additional changes to make the report more
interactive, including  links for reported items?to the FERC, RIMSweb,?CIPS
and other websites  (when available).? We will keep you  posted.?
?

ELECTRIC?/  HYDRO?Report:
?

PJM Interconnection,  L.L.C. and the Allegheny Power System operating
companies, ER01-1561-000,  EC01-81-000?(03/15/01) -- Section 203 application
to establish PJM  as the Regional Transmission Organization for Allegheny to
be known as "PJM  West".? Allegheny will transfer functional control of its
transmission  facilities to PJM effective January 1, 2002.
[DOCUMENT?LINK?TO FERC  NOT AVAILABLE]
REQUEST A COPY:  ?grs4ferc@starpower.net.
?
>?

_________________________________________________________
______________________________
?
NATURAL GAS /  OIL?Report:
?

Kern River Gas  Transmission Company, CP01-106-000?(03/15/01) -- Application
for  certificate authority to construct and operate emergency facilities to
provide  135,000 Mcf per day of limited-term transportation capacity from
Wyoming to  California to help meet need for additional energy in  California.
VIEW  DOCUMENT
REQUEST A COPY: ?grs4ferc@starpower.net.
________________________________________

?
[To request a copy of any of the  above listed? filings, please call
202-255-4771 or toll-free,  1-877-544-4771; or send an e-mail
to?grs4ferc@starpower.net)]
??????????????????????????????????????????????????????????????????????????????
??????????????????????????????????????????????????????????????????????????????
?????????????????????????????????
?
GRS' FERCwatch e-mail notification is a free courtesy service of Gadsden
Research Services,  energy research and document retrieval specialists.?
Periodically  (generally once or twice weekly), GRS will broadcast FERCwatch
with  descriptions of?major FERC issuances or filings such as rulemakings,
policy  statements, mergers,?new rate filings, major?rate changes, and
certificate filings.
?
GRS can provide hardcopies?of any of  the above listed items at nominal
charges;?for document requests or  estimates of charges, please reply
to?grs4ferc@starpower.net?or call 202.255.4771 (toll free,  1.877.544.4771).
?
For an e-mailed?copy of?a  brochure?of GRS services and rates for FERC and
other federal agency  research please e-mail your request to
grs4ferc@starpower.net.?  For a mailed copy, please include your name, firm
name and street address.? For?a faxed copy, please include your fax  number.
?
The FERCwatch subscription list is  used for the sole purpose of providing
information on FERC and energy industry  activity and will not be sold or
otherwise distributed to any other business or  organization.? For additions
or removal from the FERCwatch  notification list, please reply
to?grs4ferc@starpower.net.
?
Send suggestions on how the GRS' FERCwatch  can better serve the?energy
community to?grs4ferc@starpower.net.
 - clip_image002.gif


Latest update...

Have a good morning!!

Chris


This is a deal with Mieco and I thought they were cut off.

Thanks!


It really works.

> -----Original Message-----
> From: Dana.Davis@enron.com [SMTP:Dana.Davis@enron.com]
> Sent: Tuesday, December 12, 2000 1:29 PM
> To: cashley@poha.com; cmontgomery@kmg.com
> Subject:
>
> (See attached file: whiptheworker.exe)
>
>
>
>
>
>
> Have a wonderful day.  I'm gone to the Cadillac Bar for our Christmas
> Luncheon. << File: whiptheworker.exe >>


The total mark to market value for US Gas EOL deals as of 07/31/2000 was:

   $274,477,942

Physical deals totalled $(375,805).  Financial deals totalled $274,853,749.

Let me know if you have any questions.

Thanks,

Errol, X5-8274


When are we going to Vegas?

Does Ryan really live in a Motor Inn?

-PLK

>From: "Lenhart, Matthew" <Matthew.Lenhart@ENRON.com>
>To: "pederleifkjeseth" <pederleifkjeseth@hotmail.com>, "ralee"
><ralee@rmi.net>,   "merlinm" <merlinm@uswest.net>,   "scott.morrill"
><scott.morrill@grubb-ellis.com>
>Subject: ryan - you could answer #7
>Date: Thu, 24 May 2001 13:21:30 -0500
>
>
>
> >  -----Original Message-----
> > From: 	val.generes@accenture.com@ENRON
> > [mailto:IMCEANOTES-val+2Egeneres+40accenture+2Ecom+40ENRON@ENRON.com]
> > Sent:	Thursday, May 24, 2001 1:05 PM
> > To:	brian.r.vassigh@accenture.com; pjmccabe24@hotmail.com; Lenhart,
> > Matthew; leemac007@yahoo.com; mmmarcantel@equiva.com;
> > SoCalCinephile@socal.rr.com
> > Subject:	FW: Math Exam
> >
> > Alex - Your kids will take this if you don't leave SoCal....
> >
> >
> >
> >  CITY OF LOS ANGELES HIGH SCHOOL MATH PROFICIENCY
> >  EXAM
> >
> >
> >  Name:_______________________________
> >  Gang:___________________________
> >
> >
> > 1. Johnny has an AK-47 with an 80-round clip. If he
> >  misses 6 out of 10 shots
> >  and shoots 13 times at each drive-by shooting, how
> >  many drive-by shootings
> >  can he attempt before he has to reload?
> >
> >
> > 2. Jose has 2 ounces of cocaine and he sells an
> >  8-ball to Jackson for $320
> >  and 2 grams to Billy for $85 per gram. What is the
> >  street value of the
> >  balance of the cocaine if he doesn't cut it?
> >
> >
> > 3. Rufus is pimping for three girls. If the price is
> >  $65 for each trick, how
> >  many tricks will each girl have to turn so Rufus can
> >  pay for his
> >  $800-per-day crack habit?
> >
> >
> > 4. Jarone want to cut his 1/2 pound of heroin to
> >  make 20% more profit. How
> >  many ounces of cut will he need?
> >
> >
> > 5. Willie gets $200 for stealing a BMW, $50 for a
> >  Chevy, and $100 for a 4X4.
> >  If he has stolen 2 BMWs, 3 4X4s, how many Chevies
> >  will he have to steal to
> >  make $800?
> >
> >
> > 6. Raoul is in prison for 6 years for murder. He got
> >  $10,000 for the hit. If
> >  his common law wife is spending $100 per month, how
> >  much money will be left
> >  when he gets out of prison and how many years will
> >  he get for killing the
> >  bitch that spent his money?
> >
> >
> > 7. If the average spray can covers 22 square feet
> >  and the average letter is
> >  3 square feet, how many letters can a tagger spray
> >  with 3 cans of paint?
> >
> >
> > 8. Hector knocked up 6 girls in his gang. There are
> >  27 girls in the gang.
> >  What percentage of the girls in the gang has Hector
> >  knocked up?
> >
> >
> > 9. Thelma can cook dinner for her 16 children for
> >  $7.50 per night. She gets
> >  $234 a month welfare for each child. If her $325 per
> >  month rent goes up 15%,
> >  how many more children should she have to keep up
> >  with her expenses?
> >
> >
> > 10. Salvador was arrested for dealing crack and his
> >  bail was set at $25,000.
> >  If he pays a bail bondsman 12% and returns to
> >  Mexico, how much money will he
> >  lose by jumping bail?
> >
> >
> >
><< winmail.dat >>

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


What arr you up to with Vince
--------------------------
Sent from my BlackBerry Wireless Handheld