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 - autumn2000.pdf


I'm so stoked you're going to Buena Vista Social Club. I can't believe you
are such a rotten "bik" that you didn't invite me. What's up with that?

My advice on the Outward Bound thing is to hold off. Not for selfish,
wine-swilling reasons, of course; but because I know how tiring it gets to be
living out of a suitcase with no dinero for a period of time. I have to say
that sticking around Portland for the last six months has given me a renewed
sense of mental health. Granted, I'm not totally sane yet, but at least I can
imagine what it would be like. If you came home and turned right around and
went to Colorado, you'd feel unprepared and maybe a little overwhelmed. Think
carefully about how much Outward Bound would pay you in comparison with how
much money you actually need to get by. Then add $500/month to that figure,
and you'll be about right. It always sounds easier than the reality - I'm
only speaking from Maui experience here.

If you want to do a whirlwind Denver thing and have a great, rustic, totally
broke time, then totally go for it. But if you feel like you're getting to
the end of your rope with scraping by and feeling unsettled - which it kind
of sounds like you are - then hang in P-town for awhile. Like I said, I'd
feel SOOOO much better about taking off on my next adventure NOW than I would
have even a couple months ago. And it's only been six months since I got back
- that's not really too long to wait. In the meantime, you don't have to live
with mom. The Malachowsky's room will be open, although for all the help I've
given them I wouldn't be surprised if they don't want a Symes there anymore.
Then there's always my future apartment. I'm thinkin' downtown for sure.

Anyway, we'll talk more about it in Mexico. Don't stress - whatever you're
meant to do, you'll end up doing whether you like it or not.

Love,
Kate


Hello! The HoustonChronicle.com Metropolitan section for Thu. Dec. 14, 2000
delivers news and information at the click of a button. If you ever wish to
stop this email to rgay@ect.enron.com, just click this address:
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	?	Thu. Dec. 14, 2000

		TODAY'S METROPOLITAN STORIES
		from the pages of the Houston Chronicle

		Hale: This will giveth and taketh away

		Houston makes race for gold official
		 Buoyed by a strong public mandate after 75 percent of voters blessed its
plan, the group working to bring the 2012 Summer Olympics to Houston formally
submitted its bid for the mega-event Wednesday.
		Race-based admissions upheld in Michigan
		 A federal judge in Detroit on Wednesday upheld a race-based admissions
policy at the University of Michigan, increasing the chances that the U.S.
Supreme Court will decide whether universities can use race as an admissions
factor.
		City's tree canopy is getting thinner
		Houston's urban forest declined significantly from 1972 to 1999, depriving
the area of $55 million annually in benefits such as reduced air pollution
and enhanced flood control. The findings are part of a study released today
that recommends adopting policies to reverse the deforestation trend.
		City Council members battle over street-cutting
		 Tempers flared Wednesday as Houston City Council grappled with how to
regulate companies that cut up city streets.
		Jury told of Phillips cover-up in closing
		 Phillips Petroleum Co. is engaged in a cover-up and needs to change the way
it does business, said the attorney representing a family in a wrongful-death
case against the company.
		Power knocked out for 288,500 customers
		Humble man looks to sell 'ultimate gift'
		63 roosters seized at suspected site of cockfights
		Katy couple may settle claims from DWI case
		Routine land deal ignites tempers in Waller CourtyCounty
		Seven flee San Antonio prison unit
		Houston man to be tried in Tennessee
		Smith set to reveal marriage details
		Audit finds flaws in contracts for low-income housing
		Lawyer appointed in slain-deputy case
		Fatal wreck on bad road nets $19.2 million ruling
		Area briefs

			?


Getting closer. I want a graph of the spread not of the 2 fixed prices.

Chris
-----Original Message-----
From: Cooke, Ian
Sent: Mon 9/10/2001 10:21 AM
To: Dorland, Chris
Cc:
Subject: RE: Nov 01 -Oct 02 Spread and Price Data

Chris,

Here is the updated information you wanted.  The charts can be found in the "Sumas Graphs" worksheet.

Regards,
Ian Cooke

-----Original Message-----
From: Dorland, Chris
Sent: Monday, September 10, 2001 6:54 AM
To: Cooke, Ian
Subject: RE: Nov 01 -Oct 02 Spread and Price Data

Ian,

Thanx looks good. What I was really looking for was the relationship between Sumas and each of those points for the N-M and A-O strips.

Can you put these graphs together for me.

Nov-Mar
Sumas vs. Aeco
Sumas vs. Rockies
Sumas vs. San Juan
Sumas vs. Malin
Sumas vs. Socal

Apr-Oct
Sumas vs. Aeco
Sumas vs. Rockies
Sumas vs. San Juan
Sumas vs. Malin
Sumas vs. Socal

Chris 713-853-1663

-----Original Message-----
From: Cooke, Ian
Sent: Sun 9/9/2001 4:30 PM
To: Dorland, Chris
Cc:
Subject: Nov 01 -Oct 02 Spread and Price Data
Let me know if you require anything else.
<<Spreads Data.xls>>
Ian
(403) 974-6770


Please see my original message below.  Are you okay with TW forwarding this
info to FERC?
---------------------- Forwarded by Lindy Donoho/ET&S/Enron on 12/11/2000
04:21 PM ---------------------------

Steven Harris
12/11/2000 04:19 PM
To: Lindy Donoho/ET&S/Enron@ENRON
cc:

Subject: Re: FERC Request

Maybe you should ask Drew or Mary K.

Lindy Donoho
12/11/2000 03:01 PM
To: Steven Harris/ET&S/Enron@ENRON, Shelley Corman/ET&S/Enron@ENRON, Steven
January/ET&S/Enron@ENRON
cc:

Subject: FERC Request

In response to a request of Steve January from FERC, I've put together a list
of Transwestern's "major" shippers to California with contact names and phone
numbers.  I've defined "major" as anyone with total firm contracts of
25,000/d or more.  Please see the attached list.  Is everyone okay with me
passing this along to Ray Montini at FERC?

Let me know if it's okay to go or if I need to run this by anyone else before
sending it out.

Thanks,
Lindy


Start Date: 4/24/01; HourAhead hour: 16;  No ancillary schedules awarded.
Variances detected.
Variances detected in Generation schedule.
Variances detected in SC Trades schedule.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042416.txt

---- Generation Schedule ----
$$$ Variance found in table tblGEN_SCHEDULE.
     Details: (Hour: 16 / Preferred:   0.00 / Final:   0.00)
  TRANS_TYPE: FINAL
  SC_ID: EES
  MKT_TYPE: 2
  TRANS_DATE: 4/24/01
  UNIT_ID: BADLND_7_PL1X2

---- SC Trades Schedule ----
$$$ Variance found in table tblInt_Interchange.
     Details: (Hour: 16 / Preferred: -600.00 / Final: -599.97)
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/24/01
  TRADING_SC: NES1
  PNT_OF_INTRC: SP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 1
  DEAL_NO: 1

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 16 / Preferred:   0.53 / Final:   0.37)
  TRANS_TYPE: FINAL
  LOAD_ID: PGE1
  MKT_TYPE: 2
  TRANS_DATE: 4/24/01
  SC_ID: EPMI


Dear Power Outage Database Customer,

Attached you will find an excel document. The outages contained within
are forced or rescheduled outages. Your
daily delivery will still contain these outages.

In addition to the two excel documents, there is a dbf file that is
formatted like your daily deliveries you receive
nightly. This will enable you to load the data into your regular
database. Any questions please let me know.
Thanks.

Greg Elliott
IIR, Inc.
713-783-5147 x 3481
outages@industrialinfo.com

THE INFORMATION CONTAINED IN THIS E-MAIL IS LEGALLY PRIVILEGED AND
CONFIDENTIAL INFORMATION
INTENDED ONLY FOR THE USE OF THE INDIVIDUAL OR ENTITY NAMED ABOVE.  YOU
ARE HEREBY NOTIFIED THAT
ANY DISSEMINATION, DISTRIBUTION, OR COPY OF THIS E-MAIL TO UNAUTHORIZED
ENTITIES IS STRICTLY
PROHIBITED. IF YOU HAVE RECEIVED THIS E-MAIL IN ERROR, PLEASE DELETE IT.

 - 012902R.xls
 - 012902.xls
 - OUTAGE.dbf


Hey Eric,

Christ almighty, u still got a job?  I bought into Enron at $38 or so.....
now they're at 0.61.  I really know how to pick'em.  I lost about 1,300 on
ENE.  I should get to watch the game this saturday and am pretty pumped
about it.

What all events would have to occur for us to get a Rose Bowl slot?

Yeah, I'm still in HI for another year to year and a half.  I'm going to
Telluride with Marilyn from 22 Dec to 27 Dec to do the whole proposal thing
then I leave Hou on the 2nd of Jan.  So if ur in town from 27 dec to 02 jan
lemme know.

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


----- Forwarded by Sandra McCubbin/NA/Enron on 03/02/2001 11:56 AM -----

	Scott Govenar <sgovenar@govadv.com>
	03/01/2001 05:17 PM

		 To: Karen Denne <kdenne@enron.com>
		 cc: Sandra McCubbin <Sandra.McCubbin@enron.com>
		 Subject: [Fwd: Direct Access Coalition Media Plan]

Karen,

I just wanted you to be aware of Edelman's activities on direct access.

Scott

Received: (qmail 77871 invoked by uid 41); 28 Feb 2001 04:07:03 -0000
Received: from nycxims1.edelman.com (63.96.56.110)  by mx7.quiknet.com with
SMTP; 28 Feb 2001 04:07:03 -0000
Received: by nycxims1.edelman.com with Internet Mail Service (5.5.2653.19) id
<FY7A0FGF>; Tue, 27 Feb 2001 22:46:37 -0500
Message-ID: <F1011D165600D411AC5400D0B720EE10A621F8@SFOXMB1>
From: "Fairchild, Tracy" <tracy.fairchild@edelman.com>
To: dhunter@smithandkempton.com, brbarkovich@earthlink.net,
wbooth@booth-law.com, drothrock@cmta.net, jackson_gualco@gualcogroup.com,
kmills@cfbf.com, kmccrea@sablaw.com, mday@gmssr.com,  nplotkin@tfglobby.com,
spahnn@hnks.com, wlarson@calstate.edu,  vincent.stewart@ucop.edu,
gharrison@calstate.edu, sgovenar@govadv.com,  hgovenar@govadv.com,
smccubbi@enron.com, lhastings@cagrocers.com,  theo@ppallc.com,
cra@calretailers.com, mmoretti@calhealth.org,  wbrown@lhom.com,
randy_britt@robinsonsmay.com, "DiMare, Dominic"
<Dominic.DiMare@calchamber.com>, vjw@ceert.org, rcavanagh@nrdc.org,
rochmanm@spurr-remac.org, rrichter@calhealth.org, ken_pietrelli@ocli.com,
dennis.flatt@kp.org, richard.seguin@kp.org, arm@phaser.com,
djsmith@smithandkempton.com, "Fairchild, Tracy"
<tracy.fairchild@edelman.com>, "Allen, Stevan"  <stevan.allen@edelman.com>,
"Beiser, Megan" <Megan.Beiser@edelman.com>,  "Manuel, Erica"
<Erica.Manuel@edelman.com>, "Warner, Jami"  <jami.warner@edelman.com>
Subject: Direct Access Coalition Media Plan
Date: Tue, 27 Feb 2001 22:46:28 -0500
MIME-Version: 1.0
X-Mailer: Internet Mail Service (5.5.2653.19)
Content-Type: multipart/mixed;
boundary="----_=_NextPart_000_01C0A139.07D39B10"
X-Mozilla-Status2: 00000000

Hello to the Direct Access Coalition:

Below you will find a summary of the press strategy that Edelman Public
Relations intends to employ over the coming weeks in collaboration with the
Alliance for Retail Energy Markets and the broader Direct Access Coalition.
I will also outline the information that I need from Direct Access Coalition
members who are willing to be involved in media outreach and interviews.
And finally, I have attached supporting documents that you can use as
background material to prep for your responses to any media inquiries that
you may receive.

This Week

1.   We are drafting a "pitch letter" to send out by the end of this week
via blast e-mail and fax to the following media lists: 1)capitol press corps
reporters; 2) mainstream media reporters working the energy crisis; and 3)
trade media.  We may also outreach to our editorial board list as well.  Our
pitch will be focused on what it will really mean for small business and C&I
customers to lose the option of retail choice at a time when they are
suffering the financial hardships of skyrocketing energy bills. We will
address the effect on California's future business climate if direct access
is not preserved through legislation that corrects the problems that AB1x
caused for retail choice.  And finally, we will address the point that no
matter what direction California ultimately takes, direct access must be a
part of the solution.  Reporters have seen the recent polls which illustrate
California businesses' concerns with the path the state is on so this is a
prime opportunity to build on those recent media stories.

2.    We recommend a conference call with AReM and the Direct Access
Coalition on Friday to address the questions and suggestions on the press
strategy outlined here.

3.     Determine which people in the Direct Access Coalition are willing to
take media calls on behalf of the coalition.

Next Week

1.   Follow up with key reporters who received the pitch letter.

2.   Evaluate the language of SB 27x and determine whether there will be an
opportunity to hold a news conference with Sen. Bowen in the near future.
Monitor movement at the PUC and determine whether a press conference may be
effective in this arena, or whether we may need to use the option of sending
a media alert before the March 7 hearing, followed by a news release after
the hearing.

3.   Place op-eds (opinion pieces) with key newspapers.

4.   Contact radio news shows and TV public affairs shows (i.e. California
Capitol Week and the California Report) to secure
media interviews.

5.    Revise the SB 27x fact sheet (attached) to reflect the realities of
the amended language in SB 27x.

 What We Need From You

1.  If you are willing to speak with the media, or you have
customers/clients with a positive direct access story to tell, please
respond to this email as soon as you can with your name and contact
information.

2.  If you have draft op-eds written that need to be placed with newspapers
on behalf of your association and the broader coalition, we are willing to
do this for the you.

3.  If you have colleagues and/or staff that are already working with the
media it would be helpful to have this information so that we can
collaborate as necessary.

The Documents Below
>  All documents are works in progress, so if you have suggestions on
> potential changes, please feel free to share them with us.
>

Thank you.

>  <<AREM Fact Sheet 2212001 ver 2272001.doc>>
>  <<Q&A @ ESP Reversions 22701.doc>>  <<AReM FAQ FINAL3.doc>>  <<AREM Fact
> FINAL3.doc>>
>
> Tracy Fairchild
> Account Supervisor
> Edelman Public Relations Worldwide
> (916) 442-2331
> tracy.fairchild@edelman.com
>

 - AREM Fact Sheet 2212001 ver 2272001.doc
 - Q&A @ ESP Reversions 22701.doc
 - AReM FAQ FINAL3.doc
 - AREM Fact FINAL3.doc


Attached for your review is a clean copy of the World Hunger
Form Exhibits (second document below), which incorporates numerous
changes from John Rigby and Eric Booth as well as some clean up.  Also
attached hereto is a colored blackline (first document below) showing
the changes made to the last version of the exhibits sent to GE.
 <<World Hunger Form Exhibits - Blackline of 3 to 5.DOC>>  <<Exhibits to
Enron Turbine Form Agreement 5/29/01.DOC>>
 - World Hunger Form Exhibits - Blackline of 3 to 5.DOC
 - 01.DOC


Shonnie,

As I mentioned on the phone yesterday, Gerald has started preparing the
letter agreement with Hanover spelling out what was agreed to in our meeting
with them regarding termination of the compression agreement.   In light of
that, when do you think the time is right to start talking about the Master
Construction Agreement?  Thanks

Ken


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October 16, 2001

Dynegy Remains on a Roll as Earnings Soar

By Will McNamara
Director, Electric Industry Analysis

  <http://secure.scientech.com/rci/wsimages/will100border_copy.jpg>

[News item from Reuters] Power marketer and trader Dynegy Inc. (NYSE: DYN) announced that its third-quarter earnings hit the upper end of Wall Street expectations as its backbone wholesale energy business delivered strong returns. The company said earnings rose to $286 million, or 85 cents per diluted share, from $177 million, or 55 cents per diluted share, for the same period in 2000. Analysts polled by Thomson Financial / First Call had expected earnings in a range of 77 cents to 85 per share, with a mean expectation of 82 cents.

Analysis: Dynegy has scored an impressive feat in beating its stellar financial performance over the course of 2000. Given the restrictions placed on power generators in California, general market upheaval and impact on the economy that has resulted from the events of Sept. 11, one might have expected Dynegy to see its earnings dip slightly compared to its 2000 performance. Quite to the contrary, Dynegy has emerged once again as a bright star in a rather bleak financial galaxy, demonstrating that its core focus on marketing and trading, along with a cautious approach into international markets and uncertain businesses such as telecom, is a winning strategy. Even in a weakened economy in which its own stock has fallen some 24 percent over the course of 2001, due in large part to market turmoil, Dynegy still stands out as a leader in the energy field, and almost single-handedly has kept energy stocks high on the radar screen of Wall Street.

Dynegy's numbers command attention. In addition to its impressive 3Q report, during the first nine months of 2001 Dynegy has earned $571 million, or $1.69 a share, compared with $395 million, or $1.17, for the first nine months of 2000. Dynegy also has raised its earnings estimate for year-end 2001 to a range of $2.09 to $2.10 per diluted share from the $2.07 target set on Oct. 1. For 4Q and year 2002, Dynegy remains comfortable with its previously established target of 40 to 41 cents a share and $2.50 to $2.60 a share, respectively. The revised figures represent an increase of well over 30 percent for Dynegy's projections for 2000. Further, the company said that it remains confident that its projected earnings per share (EPS) growth rate over the next three years (through 2003) will average 20 percent to 25 percent.

Without question, the vast majority of earnings increase at Dynegy is being derived from the company's Marketing and Trade unit, which Dynegy said accounted for more than 90 percent of the 3Q profits. In fact, out of the $286 million that Dynegy reported in the 3Q 2001 earnings, $263 million came from the marketing and trading division, representing an increase of 85 percent from 3Q 2000. Dynegy Marketing and Trade is engaged in a broad array of energy businesses, including the physical supply of and risk management activities around wholesale natural gas, power, coal, emission allowances, and weather derivatives.

On the basis of the marketing and trade subsidiary, Dynegy is currently ranked as the fifth largest gas marketer in the country, and its ongoing success has resulted from a dual focus on natural-gas trading and power generation. For year-end 2000, Dynegy Marketing and Trade reported a 252-percent increase in recurring net income to $355 million, representing nearly 80 percent of Dynegy Inc.'s overall results. The segment's performance benefited from Dynegy's expanded North American natural-gas and power operations, including the integration of Illinova's unregulated generation assets, strong marketing, trading and risk management activities and a return to normal weather patterns.

Clearly, this particular unit is the primary earnings driver for the entire company. In the third quarter, Dynegy Marketing and Trade's North American natural-gas volumes grew 12 percent to 11.0 billion cubic feet per day (Bcf/d), an increase from 9.8 Bcf/d during 3Q 2000. Also under the same unit, total power sales increased 86 percent to 90.5 million MWh in 3Q 2001, compared to 48.7 million MWh in 3Q 2000. This 86-percent jump in total physical power sales led to an 85 percent year-over-year increase in recurring income for the marketing and trade division. According to Dynegy, the higher volumes in both gas and power were the result of improved market liquidity, greater market origination, increased sales volumes on Dynegydirect, and incremental gas marketing in Canada.

Part of the expansion of this business will be an ongoing penetration of the European trading market. However, Dynegy maintains that, unlike its direct competitor Enron, its European expansion is methodical and cautious. Dynegy recently expanded its Dynegydirect trading portal into the United Kingdom, but its penetration of this market has been much slower than Enron, which, according to Dynegy, tried to expand into the European market "in a hurry." Another Dynegy rival is Reliant Energy, which also expanded into Europe in advance of other companies and is now reportedly considering a sale of its electricity generation business in the Netherlands.

The comparison that Dynegy has made between itself and Enron may be intentional. Along with being long-time Houston-based rivals, Dynegy must find its current success even sweeter considering the turmoil that has taken place at Enron over the last year. Of course, Enron lost its CEO Jeffrey Skilling just over a month ago when he resigned amid the company's diminished stock value and huge losses in the telecom sector. Enron released its own 3Q earnings report on Oct. 16. Enron's core wholesale trading and marketing division met targets and drove up profits by 35 percent. The company's earnings also rose to $393 million, or 43 cents a share, from $292 million, or 34 cents a share, in 3Q 2000. However, Enron posted a 3Q net loss as it faced $1.01 billion in charges, which included a $287 million write-down on its Azurix venture, $180 million from the restructuring of its broadband unit and $544 million in investment losses related to The New Power Company. What we know presently is that Enron's stock has dropped about 57 percent over the course of 2001, due to its troubled broadband sector, losses associated with its Dabhol subsidiary in India and overall downward market trends.

If there is something that could be considered a blemish on Dynegy's current record, it may be its telecom business, known as Dynegy Global Communications, in which the company reported a $15 million loss for the third quarter. Dynegy Global Communications seeks to capitalize on the growing convergence between energy and communications sectors by building a broadband marketing and trading system. Dynegy has said that the loss is due to costs associated with developing its 16,000-mile bandwidth network, which reaches 44 U.S. cities and is expected to be completed in the four quarter. Unlike other power companies that are trying to exit the telecom sector (Reliant, for example), Dynegy still projects that it will find long-term success in this area, in part because it is taking a cautious approach toward expansion. Also, as another means of comparison with Enron, Dynegy's telecom business lost $15 million in the third quarter while Enron's broadband unit took a loss of $80 million. Another unit taking losses is Illinois Power, Dynegy's regulated transmission and distribution subsidiary, which reported a $15-million loss in 3Q 2001. Dynegy attributed this loss to a reduced industrial load.

Perhaps the other area that may give pause to investors is Dynegy's engagements in the California market, which still remains unresolved. Dynegy is reportedly still owed about $320 to $325 million for power that was sold to the California utilities before the state government took over as the primary power purchaser. Despite Dynegy's best efforts to obtain the outstanding balance, and its confidence that it will ultimately be paid, the financially unstable condition of Pacific Gas & Electric Co. and Southern California Edison makes the timetable for any such payment quite uncertain. Also impacting Dynegy's California involvement are reports that California lawmakers want to renegotiate long-term agreements that the Department of Water Resources signed with various power suppliers, including Dynegy, earlier in the year. Wholesale prices have dropped considerably since the state of California signed the long-term contracts, and thus the state wants to renegotiate a better price for the power. Dynegy claims, however, that the contract it signed with the state contains legal protection for Dynegy's interests.

Overall, however, Dynegy's 3Q financial report represents what is one of the few unqualified success stories in the energy industry. Stacked up against other companies that have struggled against the volatility of the nation's economy, Dynegy is clearly flourishing. Like other companies with heavy assets in generation, the fact that Dynegy's marketing and trading division is the primary profit driver for the company is not a revelation. What is perhaps more important is the diligent way in which Dynegy has methodically accumulated an arsenal of generation assets and expanded into new business lines with a very cautious approach.

An archive list of previous IssueAlerts is available at
www.scientech.com <http://secure.scientech.com/issuealert/>

We encourage our readers to contact us with their comments. We look forward to hearing from you. Nancy Spring  <mailto:nspring@scientech.com>

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Fellow Sufferers,

I know you have all been awaiting this dramatic bit of legal drafting with
bated breath -- so, without further ado, let me present (ta-taa!) the
Assignment and Consent Form!

Mike

 - WorldHungerAssignAgmtNov15.doc


thanks.

-----Original Message-----
From: Cash, Michelle
Sent: Sat 10/27/2001 6:55 AM
To: Palmer, Lizzette
Cc:
Subject: FW: Mergers, Acquisitions and Divestitures checklists

Lizzette, here is one due diligence checklist.  I am looking for my Mergers and Acquisitions Notebook, which I lent to someone in HR.  It has a lot more stuff in it, which I am willing to share!  Michelle

-----Original Message-----
From: Lewis, Simone
Sent: Thu 9/27/2001 4:44 PM
To: Cash, Michelle; Rahaim, Chris; Melodick, Kim; Ryan, Noel
Cc: Skinner, Cindy
Subject: Mergers, Acquisitions and Divestitures checklists

Hello everyone:

The MAD team has requested me to forward you some checklists. (See attached)

<<MAD checklists1.doc>>
Thanks!

Simone Lewis
Enron North America - HR
713-853-1645


Both Stuart Staley,and Dan Reck are being moved to $175k base each.  In
looking across our vp. list, Mike and I felt like these are two of our top
vp's, and we wanted to make an equity adjustment.  They are low at the vp
level within ews.

Thanks.  Jeff


please print out incl text
----- Forwarded by Jeffrey A Shankman/HOU/ECT on 02/06/2001 12:45 PM -----

	Mike McConnell
	02/06/2001 12:04 PM

		 To: Jeffrey A Shankman/HOU/ECT@ECT
		 cc:
		 Subject: resume of former Duke collegue

Jeff,
My brother had this guy call him and he forwarded his resume.  Do you know
him?  Any interest?
If you do, please forward on.
Thanks,
mike
---------------------- Forwarded by Mike McConnell/HOU/ECT on 02/06/2001
12:03 PM ---------------------------
From: Mark McConnell@ENRON COMMUNICATIONS on 01/31/2001 05:08 PM
To: Mike McConnell/HOU/ECT@ECT
cc:
Subject: resume of former Duke collegue

Mike attached is Mark Evans' resume.  He worked at Duke and I believe he
managed their NE gas book.

No special consideration needed.  I just promised him that I would get it to
someone in your group.

Thanks,

Mark

_______________________
Mark McConnell
Enron Broadband Services
713-345-7896  office
713-822-4862  cell
713-646-5745  fax
mark_mcconnell@enron.net


Thanks -- I'm not on the VP PRC, but I will be in the group that reviews the
results and does the MD ranking.  Hannon chairs the vp prc so you should make
sure he has these too.  Also, Rick Shapiro is on the vp prc as are Scott
Yeager, Steve Elliot and Ric DiMichele.

Also, I know you weren't thrilled with at least one outcome from Saturday's
PRC.  If you want to talk about it or the process, give me a call.

	Kelly Kimberly@ENRON COMMUNICATIONS
	12/10/2000 01:31 PM

		 To: Steven J Kean/NA/Enron@ENRON
		 cc:
		 Subject: 2000 accomplishments

Hi Steve--I don't know if you will be expected to represent me in the PRC,
but I thought I'd send you my accomplishments in case you are.  Or for
interesting reading anyway!


Here it is!
---------------------- Forwarded by Sally Beck/HOU/ECT on 12/11/2000 03:18 PM
---------------------------

	From:  William S Bradford                           12/11/2000 02:45 PM

To: Sally Beck/HOU/ECT@ECT
cc:
Subject: Deals booked to New Counterparty

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

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

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

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

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

Thanks,

Debbie


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Register now for EEI's Workshop Series on Electricity Markets:  How Do They
Work?  The first workshop is April 26th.  So don't delay.

Our unique set of workshops, over four one-day sessions,  present the basics
of electricity market design in a clear, non-technical format.  The workshops
are designed specifically for industry policymakers who could benefit from a
clearer understanding of market design issues.

The four workshops are:
?    April 26 - Basic Economics of Electricity Markets That I Need to Know
?    May 18 - The Basics of Electricity Market Design and How to Implement It
?    May 24 - Transmission Pricing and Management
?    June 14 - Market Monitoring and Market Power

You can attend each workshop in person in Washington DC or in your office via
live Webcast!  You will receive a CD ROM set of the workshop presentations,
complete with digital video and slide presentations, after the series.

To register or get more information on workshop content, log on to:
www.eei.org/edg/meet.htm or call Judy Mastin at 202/508-5402.  E-mail Judy at
jmastin@eei.org

(For your convenience, a pdf file of workshop information is also attached.)

Alice Travis
Manager, Project Consulting Group

 - agenda.pdf


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

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

Executive Summary:

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

1. AB18X- The "Bailout" Bill

There are a number of key problems with AB18X.

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

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

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

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

2. The Audit:

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

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

3. The Auction:

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

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

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

4. The Rest of the West

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

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

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

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


Jake -

To avoid a battle of the forms, I have reviewed the Cargill NDA.  I have
noted Enron's comments within this document.  Please forward and have Cargill
contact me directly with any questions or comments.

I will be out of the office tomorrow and Friday, but will be checking my
e-mails periodically.  Also, Tana will know how to contact me if necessary.

Mark
Senior Counsel, EWS
Phone:     713-345-8897
Facsimile: 713-646-3490
E-Mail:      Mark.Greenberg@enron.com


At the request of Sara Shackleton, I am attaching the link that will provide
you access the the financial trading agreement database.  Please call me if
you have any questions about the information contained in the database.

Link -->


I heard about this last week...pretty nasty
PL

---------------------- Forwarded by Phillip M Love/HOU/ECT on 04/05/2001
04:09 PM ---------------------------

Bryan Hull
04/05/2001 03:56 PM
To: Phillip M Love/HOU/ECT@ECT, Matthew Lenhart/HOU/ECT@ECT
cc:
Subject: Nice Rugby Story

Is this why you play rugby?

http://dailynews.yahoo.com/h/po/20010404/co/rugger_resigns_over_rectal_fouls_1
.html


Thought you might be interested in this when I found it today.

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Fool.com: Annuities -- Annuities: What's to Like?
 (http://www.fool.com/retirement/annuities/annuities01.htm)
Annuities: What's to Like?

As we so often do, let's start with some Foolish conclusions on annuities
(so those who absolutely don't want to read all about them have a quick
exit strategy) and then explain what they actually are. It's no secret
that within the confines of Fooldom, we're not enamored with tax-deferred
annuities (TDAs). We do not find ourselves waxing eloquent, sending
chocolates, or writing Foolish love poems to annuities, as we sometimes do
to individual stocks. The reasons for this are that annuities by and
large:
are too expensive
offer mediocre insurance coverage
restrict the owner's investment choices to so-so, ho-hum, quasi-mutual
fund subaccounts
do, as advertised, provide for tax-deferred investment growth, yet that
growth is taxed at ordinary income tax rates on withdrawal
lack liquidity
We strongly believe that Foolish investors can generally do far better for
themselves elsewhere. Indeed, unless you simply haven't been keeping up
with the stories of how brokers are getting rich with big commissions, and
feel a bizarre need to help out the brokerage community, you should
maintain a strong bias against annuities. They are desirable only (if
ever) for those who:
Have contributed the maximum to their 401(k) plans and IRAs and desire
further tax deferral on investment gains.
Prefer investing in mutual funds as opposed to individual securities.
Will keep the annuity for at least 15 to 20 years.
Are in a 28% or higher income tax bracket today, but expect to be in a
lower income tax bracket in retirement.
Don't need the annuity proceeds prior to age 59 1/2.
Are unconcerned that heirs must pay ordinary income taxes on any
appreciation.
Desire a "guaranteed" income for life in retirement.
If you meet all of those conditions, then an annuity may be quite
appropriate -- but that's a pretty select group of people. Nevertheless,
annuities are promoted and sold by brokers and insurance agents like
they're the some kind of panacea for your retirement. Is that right?

The Basics
Let's back up for a moment, and, now that we're in the middle of things,
restart from the beginning. What, after all, is a tax-deferred annuity?

Regardless of who sells it to you (broker, 401(k) plan, Martian), a TDA is
a contract between you and an insurance company. In exchange for getting
your hard-earned cash today, the insurance company agrees to pay you an
income for a specified period or for your life. Those payments may start
at some date in the future or they may start on the day you buy the
contract.

If the payments are delayed until the future, you have what's called a
deferred annuity. If the payments start immediately, you have an immediate
annuity. You pay for an immediate annuity with a lump sum of cash on the
day you buy it. You pay for a deferred annuity either with a single
lump-sum payment or with a series of payments made over a number of years.
Your investment in the annuity will earn a return, and those earnings will
grow untaxed until you receive annuity payments. Be aware, though, that
unless you purchase an annuity within an IRA, you will receive no tax
deduction for any investment you make in a TDA -- just a tax deferral on
your annuity investment earnings.

The Types
Tax-deferred annuities come in three flavors: fixed, variable, and
equity-index.
Fixed Annuities: As the name implies, a fixed annuity provides a
locked-in, guaranteed rate of return on the investment and a fixed, stable
income in its payout phase. A fixed annuity thus provides a steady
retirement income -- but this steady return can and will be eroded by
inflation. Options are available (at a price, always at a price) to have
your annuity payments increase by 3% to 5% each year should you so desire.

When used, the payments under that feature would initially be lower than a
fixed payment, but over the years the payments will steadily increase at
the specified rate. For those expecting to live many years, the added cost
of this feature might be worth the price, but expect to pay dearly for
this option.

Variable Annuities: Probably the most popular form of annuity these days,
a variable annuity allows the purchaser to decide how to invest the money
within a range of mutual fund look-alike investment options offered by the
insurance company. These investments are called "subaccounts." They often
carry the same name and are operated by the same investment managers as
publicly offered mutual funds, and they will typically offer a selection
of stock, bond, and money market subaccount investments. Nevertheless,
they are not the same funds because by law they cannot be.

While these subaccounts may invest much like a mutual fund, subaccounts
almost certainly will have a different and higher expense structure, and
possibly a far different return than that of the public mutual fund. Thus,
like a mutual fund and unlike the fixed annuity, the returns of the
variable annuity are not stable, and will vary along with the markets.
While this variability does carry downside risk, it nevertheless affords
the annuity buyer the ability to participate in the potentially greater
returns of the stock market. As the stock market rises, so does income
derived from an investment in a stock subaccount. Conversely, as the
market declines, so will income. Still, over the long-term, a variable
annuity invested in a stock subaccount should provide a much better
opportunity for inflation-protected income than a fixed annuity.

Equity-index Annuity: A recent innovation in the insurance industry, an
equity-index annuity is a form of a fixed annuity contract tied to a stock
index that provides the opportunity to earn returns better than those in a
traditional fixed annuity, but less than those of a direct investment in
the market itself. In this contract, the insurance company invests in a
mix of bonds and stock options designed to give a targeted participation
rate (explained below) on the return of a particular index (e.g., the S&P
500 Index). While the purchaser has no choice in the investment itself, he
or she is able to participate to a degree in stock market gains during a
rising market. If stocks fall, then the contract guarantees a minimum
return, typically 3%. Because of that guarantee, the equity-index annuity
has less downward volatility than the variable annuity.

There's no such thing as a free lunch however, so the equity-index annuity
will also limit the maximum returns of a rising market as compensation for
that guarantee. Most equity-index annuities use something called a
"participation rate" to limit returns. For instance, the insurance company
may declare a participation rate of 90% (some companies are as low as
50%), which means the annuity would be credited with only 90% of the gain
experienced by the equity index for that year. If the index gained 10%,
then the gain in the annuity would be 9% for the year.

And that's not the only way these annuities limit the return. Most will
also tie equity-index returns to those deriving from market price changes
only, and exclude any return due to the payment of dividends. As an
example, in 1998 the total return (i.e., capital gains and dividends) for
the S&P 500 Index as reported by Ibbotson Associates was 28.6%, while that
for just capital gains (i.e., market price) was 26.7%. An equity-indexed
annuity tied to the S&P 500 Index would typically use the smaller 26.7%
return. Couple that with a participation rate of 90%, and the return in
the index annuity becomes just 24%, some 4.6% below the total return of
the market. How's that for a double-whammy?
It's Your Choice
For retirees, an annuity offers the assurance of a stream of income for
life or for a specific period of time. For those who fear the potential
loss of all their money because of poor investment choices, that
"guarantee" is important. As Fools, we recognize that this "fear factor"
is real and does enter into many people's investment decisions.
Accordingly, we fault no one who chooses lower risk approaches, and that's
especially true of those who are retired.

But as Fools, we do urge those interested in annuities to recognize their
costs, their investment limitations, and their limited potential for
passing on wealth to heirs. If, after evaluating all those factors, an
annuity still appears appropriate, then as Fools we also urge the purchase
of a low-cost annuity such as one offered by Vanguard, T. Rowe Price,
Fidelity, AnnuityNet.com, or (in some states) TIAA-CREF. Why pay
commissions and high expenses when you don't have to? That enriches the
fat cats at your expense, and no Fool wants to do that. Keep the money in
your pocket instead.

Annuities market themselves on the basis of their ability to avoid
taxation on investment growth through tax-deferral. While it is true that
taxes on earnings are deferred within an annuity, this may not be achieved
in a way that is quite as useful as it sounds. Read about the real pros
and cons of annuity tax-deferral next.

Next: Annuity Taxation »

The Motley Fool is dedicated to Educating, Amusing, and Enriching
all visitors to their website at
http://www.fool.com/index.htm?ref=Yo.

You can become a registered Fool for Free:
http://www.fool.com/community/register/register.asp?ref=Yo&source=Yo


Sorry to hear your news. Thanks for letting me know. Rick


Cheryl Nelson, Senior Counsel, will be joining the EWS Legal Department on
December 4.  Cheryl will report to Mark Taylor and will be located in
EB3880D.  Please stop to welcome Cheryl to the department.

Janette Elbertson
Enron North America Corp.
Legal Department - EB3326
Telephone:  (713) 853-7906
Fax:  (713) 646-2600
janette.elbertson@enron.com


Start Date: 3/31/01; HourAhead hour: 11;  No ancillary schedules awarded.
Variances detected.
Variances detected in Generation schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001033111.txt

---- Generation Schedule ----
$$$ Variance found in table tblGEN_SCHEDULE.
     Details: (Hour: 11 / Preferred:   0.00 / Final:   0.00)
  TRANS_TYPE: FINAL
  SC_ID: ARCO
  MKT_TYPE: 2
  TRANS_DATE: 3/31/01
  UNIT_ID: CARBGN_6_UNIT 1

---- Energy Import/Export Schedule ----
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 3/31/01
  TIE_POINT: SYLMAR_2_NOB
  INTERCHG_ID: EPMI_CISO_DFISH
  ENGY_TYPE: NFRM


Vince,

Included is the rest of the prices for 4th and 5th Generation
Semi-submersibles in the Gulf of Mexico.  The only additional Data is from
Sept 99 through Dec 99.

Chris and I look forward to your analysis on Tuesday.


Mr. Whalley

I am e-mailing you this memo after reading an article posted by Enron
Internal Communications.

I live in Cloquet, Mn. and have been employed by Northern Natural Gas for 20+
years. The major employer in town is Potlatch Corp., a paper and pulp mill.
The Potlatch Corporation has fallen on difficult financial times. There is
rumor that Stora Enso of Finland is looking at buying the pulp mill. This
mill has recently gone through a $1 Bil modernization. Included in the
project is a steam/electric cogen facility. (not sure of capacity) In talking
to the locals, the largest asset of Potlatch is their ownership of thousands
of acres of forest land, that should insure raw material for the future.

I apologize if this has wasted your time, but thought that it was worth
mentioning.

 Please call if there are any questions. 218.384.9208

Steve Dahnke

Team Leader


Attached is the Process Responsibility Report for Tuesday, 01/01/02 thru Monday, 01/07/02.


Just a reminder.....West Mid Market QBR will be held this week:

  DATE:   FRIDAY, AUGUST 18, 2000
  TIME:   1:00 PM TO 4:00 PM
  PLACE:   EB3321

I will look forward to seeing you there.


FYI

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 02/16/2001
10:06 AM ---------------------------

FAP <FAP@management.wharton.upenn.edu> on 02/16/2001 08:35:22 AM
To: Clay DeGiacinto <clayton.degiacinto.wg02@wharton.upenn.edu>, Deepa Mallik
<mallikd@wharton.upenn.edu>, dennis Feerick
<dennis.feerick.wg02@wharton.upenn.edu>, Heather Thorne
<hethorne@wharton.upenn.edu>, Jack Rejtman
<jack.rejtman.wg02@wharton.upenn.edu>, Jason Cummins
<Marc.Cummins.wg02@wharton.upenn.edu>, Kim Whitsel
<whitselk@wharton.upenn.edu>, Nicholas Levitt
<Nicholas.Levitt.wg02@wharton.upenn.edu>, Omar Bassel
<bassalo@wharton.upenn.edu>, Ram Vittal <mvittal@wharton.upenn.edu>, Steve
Lessar <Stephen.Lessar.wg02@wharton.upenn.edu>, Thomas
<Thomas@wharton.upenn.edu>, Tulika Bhalla <bhallat@wharton.upenn.edu>,
Vincent Chen <vincent.chen.wg02@wharton.upenn.edu>
cc: FAP <FAP@management.wharton.upenn.edu>, "'vkamins@enron.com'"
<vkamins@enron.com>, "'patterm@wharton.upenn.edu'"
<patterm@wharton.upenn.edu>
Subject: change-video to teleconferences-Enron

3/1     SHDH 215
3/22   SHDH 215
3/29   SHDH 215

Please note that the remaining videoconferences scheduled with Enron have
been changed to teleconferences due to the difficulties we have experienced.
The host has agreed and we will, therefore, continue with teleconferences in
the same locations/dates as noted above.

Any questions, please contact the FAP office.

Thanks,
Donna


Mill Run and Somerset files are on the network. The spreadsheet has been
updated to
show the directory path.

-John


Company 413
RC 0005

Read Access only to all sections, except  "Credit Comments",  Houston office
only.  Supervisor is Jeff Hodge.

Thanks
DP


I have finished this spreadsheet and handed it off to Vernon, who will contact Duke to see what they think.

Randy

 -----Original Message-----
From: 	Barker, Courtney
Sent:	Friday, October 12, 2001 9:49 AM
To:	Janzen, Randy
Cc:	Blair, Lynn; Mercaldo, Vernon; Brennan, Lorna; Williams, Jo
Subject:	Duke Field Services Contract

In our effort to decide if we need to re-negotiate contract 101021 and 101073 with Duke to possibly eliminate the BTU Daily Gas Wire numbers and instead use the Gas Daily numbers, I have attached a spreadsheet that gives the Gas Daily and BTU Daily Gas Wire numbers for Mid 13 and Demarc.  Randy, could you please run the Gas Daily numbers in your calculation for the last 13 months?  We would like to see the bottom line impact between using the BTU Daily Gas Wire publication vs. the Gas Daily publication.  We are hoping this will give some insight on whether it would be beneficial to us to re-negotiate the 2 contracts.
Thanks,
Courtney Barker
(402) 398-7130
 << File: Mid13_Demarc.xls >>


Start Date: 4/19/01; HourAhead hour: 2;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041902.txt


The information contained herein is based on sources that we believe to be
reliable, but we do not represent that it is accurate or complete.  Nothing
contained herein should be considered as an offer to sell or a solicitation
of an offer to buy any financial instruments discussed herein.  Any
opinions expressed herein are solely those of the author.  As such, they
may differ in material respects from those of, or expressed or published by
on behalf of Carr Futures or its officers, directors, employees or
affiliates.  ? 2001 Carr Futures

The charts are now available on the web by clicking on the hot link(s)
contained in this email. If for any reason you are unable to receive the
charts via the web, please contact me via email and I will email the charts
to you as attachments.

Crude     http://www.carrfut.com/research/Energy1/crude02.pdf
Natural Gas     http://www.carrfut.com/research/Energy1/ngas02.pdf
Distillate     http://www.carrfut.com/research/Energy1/hoil02.pdf
Unleaded     http://www.carrfut.com/research/Energy1/unlded02.pdf

Feb. WTI/Brent Spread
http://www.carrfut.com/research/Energy1/clg-qog.pdf
Feb Heat Crack     http://www.carrfut.com/research/Energy1/heatcrack.pdf
Feb Gas Crack     http://www.carrfut.com/research/Energy1/gascrack.pdf
Feb Gas/Heat Spread     http://www.carrfut.com/research/Energy1/hug-hog.pdf
June Gas/Heat Spread
http://www.carrfut.com/research/Energy1/HUM-HOM.pdf
March Gas/Heat Spread
http://www.carrfut.com/research/Energy1/HUH-HOH.pdf
Feb/May Unlead Spread
http://www.carrfut.com/research/Energy1/HUG-HUK.pdf
Feb/July Crude oil Spread
http://www.carrfut.com/research/Energy1/CLG-CLN.pdf

Nat Gas Strip Matrix
http://www.carrfut.com/research/Energy1/StripmatrixNG02.pdf
Nat Gas Spread Matrix
http://www.carrfut.com/research/Energy1/SpreadmatrixNG02.pdf

Crude and Products Spread Matrix
http://www.carrfut.com/research/Energy1/SpreadmatrixCL02.pdf

Scott Mollner Recommendation
http://www.carrfut.com/research/Energy1/recom12-31-01.pdf


pls print wo attachments.  thanks. df
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 02/06/2000
10:18 PM ---------------------------

Janet Butler
02/04/2000 04:22 PM
To: Tim Aron/ET&S/Enron@ENRON, John Ballentine/FGT/Enron@ENRON, Martha
Benner/ET&S/Enron@ENRON, Eric Benson/ET&S/Enron@ENRON, Donna
Bily/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Lynn Blair/ET&S/Enron@ENRON, Rob
Bradley/Corp/Enron@ENRON, Lorna Brennan/ET&S/Enron@ENRON, Bob
Chandler/ET&S/Enron@ENRON, Bill Cordes/ET&S/Enron@ENRON, Shelley
Corman/ET&S/Enron@Enron, Christi Culwell/FGT/Enron@ENRON, Mary
Darveaux/ET&S/Enron@ENRON, Larry DeRoin/NPNG/Enron@ENRON, Rick
Dietz/ET&S/Enron@ENRON, Dari Dornan/ET&S/Enron@ENRON, John
Dushinske/ET&S/Enron@ENRON, Diane Eckels/ET&S/Enron@ENRON, George
Fastuca/ET&S/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON, Donna
Fulton/Corp/Enron, Lou Geiler/ET&S/Enron@ENRON, John
Goodpasture/OTS/Enron@ENRON, Mary Hain/HOU/ECT@ECT, Bob M
Hall/FGT/Enron@ENRON, Mary Lou Hamilton/ET&S/Enron@ENRON, Steven
Harris/ET&S/Enron@ENRON, Glen Hass/ET&S/Enron@Enron, Robert
Hayes/FGT/Enron@ENRON, Rod Hayslett/FGT/Enron@ENRON, Bambi
Heckerman/NPNG/Enron@ENRON, Theresa Hess/ET&S/Enron@ENRON, Robert
Hill/NPNG/Enron@ENRON, Staci Holtzman/FGT/Enron@ENRON, Tamara
Hopkins/ET&S/Enron@Enron, Stanley Horton/Corp/Enron@Enron, Lee
Huber/ET&S/Enron@ENRON, Martha Janousek/ET&S/Enron@ENRON, Steven
January/ET&S/Enron@ENRON, Anne Jolibois/FGT/Enron@ENRON, Steven J
Kean/HOU/EES@EES, Jeffrey Keeler/Corp/Enron@ENRON, Robert
Kilmer/FGT/Enron@ENRON, Frazier King/FGT/Enron@ENRON, Steve
Kirk/ET&S/Enron@ENRON, Tim Kissner/ET&S/Enron@ENRON, Laura
Lantefield/ET&S/Enron@ENRON, Linda L Lawrence/HOU/EES@EES, Blair
Lichtenwalter/FGT/Enron@ENRON, Elizabeth Linnell/HOU/EES@EES, Teb
Lokey/FGT/Enron@ENRON, Phil Lowry/OTS/Enron@ENRON, Susan J Mara/SFO/EES@EES,
Donna Martens/ET&S/Enron@ENRON, Dorothy McCoppin/FGT/Enron@ENRON, Mike
McGowan/ET&S/Enron@ENRON, Rockford Meyer/FGT/Enron@ENRON, Mary Kay
Miller/ET&S/Enron@ENRON, Michael Moran/ET&S/Enron@ENRON, Sheila
Nacey/ET&S/Enron@ENRON, Ray Neppl/NPNG/Enron@ENRON, Robert
Neustaedter/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Christi L
Nicolay/HOU/ECT@ECT, Sarah Novosel/Corp/Enron@ENRON, Maureen
Palmer/HOU/EES@EES, Zelda Paschal/FGT/Enron@ENRON, Geneva
Patterson/NPNG/Enron@ENRON, Maria Pavlou/ET&S/Enron@ENRON, Eileen
Peebles/ET&S/Enron@ENRON, Keith Petersen/ET&S/Enron@ENRON, Peggy
Phillips/FGT/Enron@ENRON, Janet Place/NPNG/Enron@ENRON, Tony
Pryor/ET&S/Enron@ENRON, Colleen Raker/ET&S/Enron@ENRON, Bret
Reich/ET&S/Enron@ENRON, Kathy Ringblom/ET&S/Enron@ENRON, Jenny
Rub/GPGFIN/Enron@Enron, Cynthia Sandherr/Corp/Enron@ENRON, James
Saunders/FGT/Enron@ENRON, Donna Scott/FGT/Enron@ENRON, Susan
Scott/ET&S/Enron@ENRON, Richard Shapiro/HOU/EES@EES, Michael
Smith/Enron@Gateway, Dave Schafer/ET&S/Enron@ENRON, Mike G
Smith/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Louis Soldano/ET&S/Enron@ENRON,
Lon Stanton/ET&S/Enron@Enron, James D Steffes/HOU/EES@EES, James
Studebaker/FGT/Enron@ENRON, Jim Talcott/ET&S/Enron@ENRON, Gina
Taylor/OTS/Enron@ENRON, Debbie Thompson/FGT/Enron@ENRON, Melinda
Tosoni/ET&S/Enron@ENRON, Michael Van Norden/Corp/Enron@ENRON, Stephen
Veatch/FGT/Enron@ENRON, Donald Vignaroli/ET&S/Enron@ENRON, Jody
Warner/NPNG/Enron@ENRON, Kimberly Watson/ET&S/Enron@ENRON, Julia
White/ET&S/Enron@ENRON, Kim Wilkie/ET&S/Enron@ENRON, Jane
Wilson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Michele
Winckowski/ET&S/Enron@ENRON
cc:

Subject: Weekly Regulatory Report

Attached is the Weekly Regulatory Report for week ending February 4.

Attached are supporting documents in the order in which they appear in the
report.


In case you have an opening....

 - resume.doc


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Copyright 2002 by Bestfares USA Inc. All rights reserved.


This is Kathy Franz w/Win2K Desktop Support.

I have copied the names and journal.nsf files for Jeff Dasovich to the
appropriate locations on the server.
They are ready to be copied up to EESHOU-LN1.

Thanks,

Kathy Franz
713-327-4709 (pager)

P.S. Please do this ASAP as customer is scheduled to leave at 4pm today.


I just received a copy of a Section 5 complaint filed by SoCal requesting a
FERC order 1) determining that the SoCalGas/Topock delivery point is fully
subscribed on a firm primary basis, 2) directing El Paso to comply with
previous Commission orders that preclude the selling of firm primary capacity
at points where none is available and 3) directing El Paso to schedule
capacity acquired during an open season (effective Jan. 1, 2000) into
SoCal/Topock on a secondary basis only.  SoCal states that it has experienced
daily cuts of up to 57% and averaging 25%.

If you would like a copy of the complaint, let me know.


Jeff,

I spoke with Tom May on how to attack this project.  We discussed setting up a meeting with you guys, myself, Kayne Coulter, Gerald Gilbert, Don Baughman and the regulatory personnel from the regions involved--much like we did in the ERCOT meeting.  I've copied Susan Lindberg and will speak with her on who and when we can meet to discuss the issues we face with tariffs, RTOs, procedures, scheduling, etc.

I will let you know when we can round up everyone so we can get this kicked off ASAP.  I'll speak with Susan this afternoon & find out who we can lean on from a regulatory perspective.

I'll call you Thursday morning to let you know what I've found out.  My apologies for the delay.

Jeff

 -----Original Message-----
From: 	Merola, Jeff
Sent:	Monday, August 06, 2001 1:00 PM
To:	Miller, Jeffrey
Cc:	Sharfman, Guy
Subject:	EWS Physical Delivery Schedule

Jeff,

Thanks for your time this morning, here is the schedule and approximate loads that we discussed this morning.  The existing load figures are based on all customers, actual economics based on utility standard offers will dictate what percentage is economically viable to take physical.  The initial need for CG&E will be getting the transmission agreements in place to be able to designate a TSA (transmission scheduling agent).  Let me know if you have any other questions.

Jeff

Utility	State	Wholesale Market	Physical Start Date	New Load	Existing Load
CG&E	OH	ECAR - MISO	Dec 2001	Up to 25 MW Peak	5 MW
Illinois Power	IL	MAIN - ARTO	Jan 2002	None	75 MW Peak
ComEd	IL	MAIN - ARTO	Mar 2002	Up to 25 MW Peak	200 MW Peak (earliest Jun 2002)
Columbus Southern (AEP)	OH	MAIN - ARTO	Apr 2002	Up to 25 MW Peak	Minimal


Ben

Please be sure to include the team attorney on communications such as this.
Anything that is sent to public relations or government affairs also needs to
be copied to legal.

Thanks!

Ann Elizabeth
---------------------- Forwarded by Ann Elizabeth White/HOU/ECT on 05/22/2001
10:31 AM ---------------------------
From: Eric Thode/ENRON@enronXgate on 05/22/2001 09:31 AM
To: Ann Elizabeth White/HOU/ECT@ECT
cc:
Subject: FW: CN comments on Re: FACT Sheet

 -----Original Message-----
From:  Jacoby, Ben   On Behalf Of Ben F Jacoby/HOU/ECT@ECT
Sent: Monday, May 21, 2001 7:43 PM
To: Jacoby, Ben
Cc: Nicolay, Christi; Thode, Eric; Fairley, David; Robinson, Marchris;
Krimsky, Steven; Sooter, Lea; Grube, Raimund; Hausinger, Sharon; Steffes,
James; Walker, Rebecca
Subject: Re: CN comments on Re: FACT Sheet

OK folks. Let's try this again. Attached are collective comments from me and
Christi. Eric / Rebecca, please follow up where indicated. After we have all
our comments, I will clear the document through Kevin Presto before we
release it publicly.

Please provide final comments as soon as possible. Thanks.

Ben


Does anyone have any comments to the chnages that I've marked on the Schedule
to the Collateral Support Annex?  Please call me or e-mail me if you do so
that we can implement them soon.

Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com


>Sender: articles-email@ms1.lga2.nytimes.com
>Reply-To: judgergm@swbell.com
>From: judgergm@swbell.com
>To: klarnold@flash.net
>Subject: NYTimes.com Article: Suspended Rabbi Quits Seminary Presidency
>Date: Tue, 12 Dec 2000 00:02:21 -0500 (EST)
>
>This article from NYTimes.com
>has been sent to you by Bob Moss judgergm@swbell.com.
>
>Karen
>
>
>
>Bob Moss
>judgergm@swbell.com
>
>/-------------------- advertisement -----------------------\
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>
>Suspended Rabbi Quits Seminary Presidency
>http://www.nytimes.com/2000/12/07/national/07RABB.html
>
>December 7, 2000
>
>By GUSTAV NIEBUHR
>
>Rabbi Sheldon Zimmerman, a leading figure in Judaism's Reform
>movement as president of its seminary, has resigned from his job
>after being suspended by the movement's rabbinic organization for
>having entered into "personal relationships" in the past that the
>organization said violated its ethical code.
>
> Rabbi Zimmerman, president of Hebrew Union College-Jewish
>Institute of Learning, where he had been considered a charismatic
>and innovative leader, quit that post on Monday, after the Central
>Conference of American Rabbis suspended his rabbinical functions
>for at least two years, college and conference officials said.
>
> In a statement, the college said the suspension followed an
>investigation by the conference into "personal relationships" of
>Rabbi Zimmerman, which it did not specify other than to say that
>they predated his appointment as president in January 1996. Rabbi
>Zimmerman was the seventh president of the college, which was
>founded in 1875.
>
> Rabbi Paul J. Menitoff, the conference's executive vice president,
>said its board approved the penalty on Monday, based on a
>recommendation by its ethics committee, which looks into complaints
>about the conference's 1,700 members.
>
> Rabbi Menitoff said that conference rules prevented him from
>discussing the case but that the board decided Rabbi Zimmerman had
>violated a part of the ethics code, paragraph 2A, which deals with
>sexual conduct.
>
> It is included in the section of the code on "personal
>responsibility," which covers such matters as family life, personal
>honesty and finances. It calls on rabbis "to be scrupulous in
>avoiding even the appearance of sexual misconduct, whether by
>taking advantage of our position with those weaker than ourselves
>or dependent on us or succumbing to the temptations of willing
>adults."
>
> Hebrew Union, which trains men and women as rabbis and cantors and
>in other graduate and professional fields, has 1,500 students on
>campuses in Cincinnati, Los Angeles, New York and Jerusalem. Before
>becoming president, Rabbi Zimmerman, 58, was senior rabbi of Temple
>Emanu-El in Dallas from 1985 to 1995, and senior rabbi at Central
>Synagogue in New York, from 1972 to 1985. He is married and has
>four children. From 1993 to 1995, he was also the conference's
>president.
>
> Rabbi Zimmerman's resignation was first reported yesterday in The
>Cincinnati Enquirer and The Dallas Morning News.
>
> Efforts to reach him through the college and its officials were
>unsuccessful. The college said it appointed its provost, Norman
>Cohen, as acting president and would search for a permanent
>replacement.
>
> Rabbi Menitoff said the conference followed "the same process that
>we'd follow with any rabbi in the conference in similar
>circumstances." He said complaints against a rabbi are referred to
>and investigated by the ethics committee. Depending on that
>committee's findings, the conference may dismiss the complaint,
>privately reprimand or publicly censure a rabbi or suspendn or
>expel a rabbi.
>
> Rabbi Menitoff said the decision to suspend Rabbi Zimmerman was
>"very difficult and painful for everyone involved."
>
> Rabbi Eric H. Yoffie, president of the Union of American Hebrew
>Congregations, the Reform movement's synagogue organization, said
>Rabbi Zimmerman did not contest the findings or the judgment
>against him but responded to the decision "with great dignity."
>
> Rabbi Yoffie said that during his tenure as president, Rabbi
>Zimmerman added younger scholars to the faculty and expanded the
>college's Los Angeles branch so much that it will begin ordaining
>rabbis in 2002.
>
> Another member of the conference, Rabbi A. James Rudin, emeritus
>director of interreligious affairs at the American Jewish
>Committee, said Rabbi Zimmerman's resignation was "a real loss" and
>"a shock to the movement."
>
> Hebrew Union's chairman, Burton Lehman, praised Rabbi Zimmerman as
>"a great, great leader." Mr. Lehman said that Rabbi Zimmerman's
>resignation would "have an impact" but that the college was strong.
>
> "Transitionally, we'll be fine," Mr. Lehman said. "We have a
>strong faculty that will carry this institution through this
>tribulation."
>
>
>
>
>The New York Times on the Web
>http://www.nytimes.com
>
>/-----------------------------------------------------------------\
>
>
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>most authoritative news coverage on the Web,
>updated throughout the day.
>
>Become a member today! It's free!
>
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>
>
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>
>Copyright 2000 The New York Times Company


It appears that the evergreen function on certain Transport contracts is not
working.  Take a look at deal 98243.  I just had to extend the date for May
31, 2000.


It seems that Wood is going to have a PD on the agenda implementing the
Alpert Davis Bill. A draft has not yet been released. see below for a summery
of items of interest.

Electric
SDG&E Bill Cap: This decision provides an expanded rate stabilization plan
for ratepayers of San Diego Gas & Electric Company, retroactive to June 1,
2000.  This plan applies to residential, small commercial, and street
lighting customers, including those customers defined as "general acute care
hospitals" and customers defined as public or private schools for pupils
serving grades
K-12, and all accounts on Rate Schedule AL-TOU.  This decision also
establishes a voluntary program for large commercial, agricultural, and
industrial customers.  The accounting procedure for tracking these costs and
revenues is clarified.
PAP: This decision adopts a uniform PX credit adder of .007 cents/kwh for all
three utilities.  This decision finds that it is unreasonable to exempt
wholesale customers from paying their fair share of Reliability Must-Run
costs. RAP applications shall be filed annually.  The next PX credit
adjustment application shall be filed in 2003, if necessary.
RAP Alternate: This alternate order is the same as the Proposed Decision,
except that it adopts a PX procurement credit of 34 cents per kwh.
PG&E Billing Implementation Delay: The record lacks support to penalize PG&E
for delay in implementing weekly calculation of the Power Exchange price
attributable to computer information system upgrade problems.

Res E-3694  Approval of PG&E's GABA and required entry to be recorded in the
Transition Cost Balancing Account, and revisions to some Preliminary
Statements..
Res E-3685 Approval of PG&E,s request to offer third party meter reading
services on a nontariffed basis.
Res E-3690 Approval of SCE,s Voluntary Power Reduction Credit Program.
Res E-3700 Approval in part PG&E,s request to modify its Price Responsive
Load Program (E-BID Program).
Res E-3701 Approval with modifications of PG&E,s request to file new electric
tariff schedule OBMC-Optional Binding Mandatory Curtailment Plan.

Gas
Res G-3290 This resolution approves an increase in Gas Cost Adjustment
Billing Factors to compensate for an increase in cost of gas.

SoCalGas Montebello Gas Storage: This decision conditionally approves the
settlement reached between SoCalGas and the Commission's Consumer Services
Division.  First, the $3,495,000 voluntary monetary contribution SoCalGas is
to make for the benefit of certain organizations should instead be paid to
the General Fund of the State of California.  Second, SoCalGas should expand
the scope of its ethics course to address a utility's ethical obligations in
exercising the power of eminent domain

See attachment for a more detailed summary.


Attached is the Daily Gas MTM and position reports.

If you have any questions, please call me at x3-7847.

Thanks.

Tom


Hello everyone,

Kay Mann's father is in the hospital in Fort Worth and scheduled to have triple bypass surgery tomorrow morning at 8:30 a.m..........Please keep Kay and her family in your thoughts and prayers.     Thanks. Al

Alice Wright
Enron Wholesale Services - Legal
1400 Smith St., EB3809A
Houston, Texas 77002
Tel:  713-853-5438
Fax: 713-646-3491
alice.wright@enron.com


----- Original Message -----
From: Deanna Sliger
To: Alan  Pinkston  ; Angela Deemer  ; Bill Knutson  ; Bob Stachlschmidt  ; Stacey Dickinson  ; James Ottney  ; JoAnn McManus   ; Karen Baker   ; Kerry Schwartz   ; Marcy  Lanning  ; Melanie Traveler  ; Mike McAuliffe  ;  Patty Allen  ;  Randy  Tripp  ; Rik  Scott  ; Shane Pinkston  ; Steve  Ouellette  ; AllStaff
Sent: Thursday, December 20, 2001 8:16 AM
Subject: Honest Answers from the Guy in the Red..
If Santa answered his mail honestly...
Dear Santa,
I wud like a kool toy space  ranjur fer Xmas. Iv ben a gud boy all
yeer yer  Frend,
BiLLy
Dear Billy,
Nice spelling. You're on  your way to a great career in lawn care.
How about I  send you a frickin book so you can learn to read and
write?
I'm giving your older brother the space  ranger. At least HE can
spell!
Santa
----------
Dear Santa,
I have been a good girl all  year, and the only thing I ask for is
peace and joy in  the world for everybody!
Love, Sarah
Dear Sarah,
Your parents were smoking  pot when they had you, didn't they?
Santa
----------
Dear Santa,
I don't know if you can do  this, but for Christmas, I'd like for
my mommy and daddy  to get back together. Please see what you
can do?
Love Teddy
Dear Teddy,
Look, your dad's banging the  babysitter like a screen door in a
hurricane. Do you  think he's gonna give that up to come back to
your  frigid mom, who rides his ass constantly? It's time to give
up that dream. Let me get you some nice Legos instead.
Santa
----------
Dear Santa,
I want a new bike, a  Playstation, a train, some G.I. Joes, a dog,
a drum kit,  a pony and a tuba.
Love, Francis
Dear Francis,
Who names their kid  "Francis" nowadays? I bet you're gay.  Only
gay  people want tubas.  I'll set you up with a nice Barbie.
Santa
----------
Dear Santa,
I left milk and cookies for  you under the tree, and I left
carrots for your reindeer  outside the back door.
Love, Susan
Dear Susan,
Milk gives me the runs and  carrots make the deer fart in my face
when riding in the  sleigh.  You want to do me a favor?  Leave me
a bottle of scotch.
Santa
----------
Dear Santa,
What do you do the other 364  days of the year? Are you busy
making toys?
Your friend,
Thomas
Dear Thomas,
All the toys are made in  China. I have a condo in Vegas, where I
spend most of my  time making low-budget porno films.  These
producers seem to like fat studs. I unwind by drinking myself
silly and squeezing the asses of all the cocktail  waitresses
while losing money at the craps table.
Hey, you wanted to know.
Santa
----------
Dear Santa,
Do you see us when we're  sleeping, do you really know when
we're awake, like in  the song?
Love, Jessica
Dear Jessica,
Are you really that  gullible?  I'll bet you're blonde.  Good luck
in whatever you do.  I'm skipping your house.
Santa
----------
Dear Santa,
I really really want a puppy  this year. Please please please
PLEASE PLEASE could I  have one?
Timmy
Timmy,
That whiney, begging shit may  work with your folks, but that
crap doesn't work with  me. You're getting a sweater again.
Santa
----------
Dearest Santa,
We don't have a chimney  in our house, how do you get into our
home?
Love, Marky
Mark,
First, stop calling yourself  "Marky", it sounds gay. That's why
you're getting your  ass whipped at school.  Second, you don't
live in a  house, you live in a low-rent apartment complex.
Third,  I get inside your pad just like your mother's boyfriend
does, thru the bedroom window.
Sweet  Dreams,
Santa


Attached please find the comments of PanCanadian Energy Services on PG&E's
Application for approval of its open season for transmission capacity.

 - PG&E Open Season Initial Comments.doc