---------------------- Forwarded by David M Gagliardi/TTG/HouInd on
07/26/2000 07:52 AM ---------------------------

"Michael Gagliardi" <mggagliardi@duke-energy.com> on 07/26/2000 07:38:13 AM

To:   DGagliardi@reliantenergy.com, BobandIt@lcc.net.com,
David_Ricks@GSDM.com
cc:

Subject:  True Orange Fax/E-Mail #64

---------------------- Forwarded by Michael
Gagliardi/Hou-ComOps/EnergyTrading/PEC on 07/26/2000 07:46 AM
---------------------------

TruOrange@aol.com on 07/25/2000 09:17:52 PM

To:   TruOrange@aol.com
cc:    (bcc: Michael Gagliardi/Hou-ComOps/EnergyTrading/PEC)
Subject:  True Orange Fax/E-Mail #64

True Orange Fax/E-Mail Service
Volume 8, Fax/E-Mail #64, Tuesday, July 25, 2000
Jerry Scarbrough's True Orange, P. O. Box 26530, Austin, Texas 78755 -
Phone
512-795-8536

Four Longhorn Substitutes Leaving Team; UT Will Sign at Least 22

Three Longhorn reserves

- sophomore CB Kendrick Turner, sophomore LB Jamal
Joyner and redshirt freshman DB Antonio Moore
- have quit the football team
and will transfer to other schools, and a fourth backup
- redshirt freshman
FB Jason Barron
- will miss the 2000 season for academic reasons.
Barron said he will work to improve his grades and return to the team, but
I
would be surprised if he comes back because he is far down on the fullback
chart and the Longhorns probably will sign at least 22 players in February.
With 80 players on scholarship and only 13 seniors, they will need to have
some more players leave next year to stay within the NCAA's 85-scholarship
limit.
None of the departures came as a surprise and Turner was the only one of
the
quartet who would have seen any meaningful action this season if he had
stayed. Joyner was on suspension. He was the last to leave of the four
players who were suspended prior to the Cotton Bowl game.
Brown wished all of the young men well, and gave the three who are
transferring unconditional releases.
* * * *
Eric Hall, 6-3, 235, 4.5, the outstanding DE prospect from Clarksville,
Tenn., told me today he is going to take his official visit to Texas the
Sept. 9 weekend and will see the season-opening game against
Louisiana-Lafayette. He said he strongly favors Texas, and the only other
schools he is considering are Nebraska and Tennessee.
"I see myself going to Texas," he said. "I was born in Texas (Fort Hood)
and
I really like the state."
Another top out-of-state DE who is strongly considering Texas is Kaelen
Jakes,  6-4, 265, 4.8 of Valencia, Cal. He lived in Texas for  four years
and
said he is considering the Horns, along with USC, UCLA, Arizona and
Nebraska.
He said his team doesn't keep invidual stats, but estimated he had "between
15
and 18 sacks last season." He said he played DE, DT and NG for Valencia
last
year.
* * * *
DT Tommie Harris of Killen Ellison is the top DL in Texas this year and is
one of the top players in the country. He says he favors Texas over Florida
State and others. Harris has been working out in Houston with a personal
trainer this summer. UT center signee Trey Bates works out with the same
trainer. Stockar McDougle, a former Oklahoma Sooner OL who now is in the
NFL,
is Harris' cousin, and is paying for the personal trainer for Harris.
* * * *
Texas has 11 early commitments, including six offensive linemen. The OLs
are
Mike Garcia of Galena Park (who switched from A&M to Texas), Jonathan Scott
of Dallas Carter, Abe Robinson of Houston Jersey Village, Roman Reeves of
Livingston, Will Allen of Houston Cypress Falls and Alfio Randall of Blinn
JC.
Scott and Robinson are national top 100 players and Randall was a top 100
player at Houston Yates two years ago. The other pledges are QB/DB Kendal
Briles of Frenship, MLB Yamil Lebron of Killeen Ellison, and DBs Cedric
Griffin of San Antonio Holmes, Braden Johnson of Euless Trinity and Brian
Carter of The Woodlands.
Ten players who signed with Texas are slated to play in the annual
North-South High School Football All-Star game at Rice Stadium next Tuesday
at 7 p.m. Scheduled to play for the North are QBs Chance Mock of The
Woodlands and Tony Jeffery of Klein Forest, WRs Roy Williams of Odessa
Permian, B. J. Johnson of South Grand Prairie and Nathan Vasher of
Texarkana
and kicker Matt McFadden of Coppell.
Scheduled to play for the South are OT Lionel Garr of Diboll, C Trey Bates
of
Fort Bend Elkins and DTs Sonny Davis of Austin Lanier and Marcel Moses of
Texas City. Davis and Moses failed to qualify academically and are headed
to
the JC ranks. Johnson has a sprained ankle that will keep him out of the
game.
* * * *
FOOTBALL NOTES: The Longhorn DBs are extremely impressed with Sloan Thomas
and Tony Jeffery, who are two of the outstanding incoming freshman wide
receiver prospects. They said Thomas is a big, physical receiver with great
speed, and they say Jeffery is very hard to cover because he has such great
moves and quickness. The players have been working out against each other
during voluntary summer drills.
* * * *
WOMEN'S BASKETBALL RECRUITING: CoCo Reed, a 5-11 forward from Houston
Jersey
Village, has committed to play for the Texas women. She averaged 19 points
as
a junior and averaged 23 points in AAU play this summer. She lives with 5-6
junior point guard Nina Norman, who will be one of the nation's top
prospects
next year. Reed also was recruited by Duke, LSU, Rutgers, Florida and
Maryland, among others.
The Longhorn women's top incoming freshmen
- 6-1 Stacy Stephens of Winnsboro
and 6-2 Annissa Hastings of San Antonio Sam Houston
- were named to the AAU
All-American Team Saturday at the conclusion of the National AAU Tournament
in Clarksville, Tenn.
* * * *
My next fax will be whenever events warrant.
* * * *
The True Orange Fax Service includes  at  least  99 faxes  a year and costs
$99 ($79 by E-Mail). The True Orange Newsletter includes  26 newsletters
and
is published weekly during football season and twice monthly during most of
the other months. It costs $45. Save by subscribing to both for $130 (or
$110
if you take the faxes via E-Mail  or $99 if you take the faxes and
newsletter
via E-Mail). Send check  to address at the top of page. I also  update my
900 number
- 1-900-288-8839
- frequently with recruiting news. My E-Mail
address is: truorange@aol.com


Terry and Dee:

I am resending the draft ISDA which was sent to Terry and Vijay on April 25,
2001.

Please let me know if you have any questions.  Regards.

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com
----- Forwarded by Sara Shackleton/HOU/ECT on 05/23/2001 01:14 PM -----

	Susan Bailey
	04/25/2001 06:05 PM

		 To: terrance.ganser@funb.com, vijay.suchdev@funb.com
		 cc: Sara Shackleton/HOU/ECT@ECT, Tanya Rohauer/Enron@EnronXGate
		 Subject: ISDA w/Enron Corp.

Gentlemen:

Attached for your review is a draft of the Schedule to the ISDA Master
Agreement.

FYI:  The ISDA Master Agreement is a preprinted form for which the Schedule
supplements, and such form is not able to be emailed.  Therefore it is not
attached to this transmission.

We look forward to your comments.

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


FYI.
----- Forwarded by Jeff Dasovich/NA/Enron on 05/14/2001 08:47 PM -----

	Jeff Dasovich
	Sent by: Jeff Dasovich
	05/14/2001 08:47 PM

		 To: sryan@aesc.com, hoffman@blackstone.com, bbailey@duke-energy.com,
Lynn.A.Lednicky@Dynegy.com, john.harrison@elpaso.com,
rachael.king@elpaso.com, clark.smith@elpaso.com, skean@enron.com,
tom.allen@mirant.com, sonnet.edmonds@mirant.com, randy.harrison@mirant.com,
alex.goldberg@williams.com
		 cc: Maureen McVicker/NA/Enron@Enron
		 Subject: Summary of Today's Call/Agenda for Tomorrow's Call

Greetings:
In order to keep everyone in the loop, the folks on today's call wanted to
send out a brief summary of the call for the benefit of those who couldn't
make it.  Apologies for any omissions, inaccuracies, etc.  Others who were on
the call please chime in if I've gotten anything wrong, or missed anything.

Best,
Jeff

SUMMARY
Enron, Duke, El Paso and Williams were on the call, as was Michael Hoffman of
the Blackstone Group (the Governor's financial advisors).
On the subject of how the group would organize itself, it was agreed that the
calls would be open to anyone who wanted to participate.
A smaller group consisting of Duke, El Paso, Enron, and Williams would take
the lead on walking the halls of Sacramento, meeting with policy makers, and
advocating whatever plan the group develops.
Folks agreed that achieving a comprehesive solution requires a tangible
process; that is, the principals need to get in a room, face to face, for
however long it takes to work out a resolution.
It was agreed that the process should start no later than the beginning of
next week, and that it should take place in Sacramento.
It was decided that the Legislature and the Attorney General needed to be
brought into the process as soon as possible, i.e., next week.
There was some discussion regarding the release today of "Plan B."  Plan B is
a plan proposed by Democratic and Republican legislators as an alternative to
the MOU that the Governor struck with Edison.  After that call I received a
copy of "Plan B."  If you'd like a copy please send me your fax number.
Folks on the call agreed to have the next "supplier-only" call-in meeting on
Friday.
Finally, Michael Hoffman said that they are hoping to have a "ratings agency
level" presentation prepared by the end of the week.  The goal of the
presentation is to reassure capital markets that the bonds the state seeks to
issue are solidly backed by retail rates.

The Agenda for Tomorrow's Call with the Governor's Staff
Item #1:  The Credit Issue
Michael Hoffman said that the Governor's office wants to start tomorrow's
meeting discussing the creditworthiness issue.
Hoffman said that the Governor's folks are hoping to have completed by the
start of tomorrow's meeting a draft of an agreement between the California
PUC and CDWR.  The agreement is designed to ensure that DWR gets paid for
power services delivered.
If the draft is ready, they'd like to discuss on the call tomorrow.

Item #2:  Identify the Components of a Comprehensive Solution.
It was agreed that our group should put on the table at tomorrow's meeting
the universe of issues that need to be included in a comprehensive solution.
Enron was asked to take a first stab at what those components are.  The
following is a brief outline, which is not intended to be definitive, but a
starting point for discussion.
Utility creditworthiness
retail rates must reflect costs
Increase supply
streamline and otherwise reform the siting process
Decrease demand
establish real-time pricing
implement demand buy-down and other conservation programs
Create a real market
Remove the State from the power-buying business as soon as possible (e.g.,
once new rates are in place and utilities are returned to creditworthiness;
approximately 3-6 months)
Return the procurement role to the utilities
Reinstate Direct Access immediately for all customers
Within 18-24 months, create a "core/noncore" market structure for
electricity, similar to California's market structure for natural gas
Keep the industry in the hands of the private sector
Reject proposals calling on the State to take over transmission, generation,
etc.
Resolve outstanding legal claims, investigations, etc.
Resolution requires certainty and prompt payment (understanding that
discounts on receivables is on the table for discussion)


----- Forwarded by Jeff Dasovich/NA/Enron on 01/24/2001 01:55 PM -----

	Jeff Dasovich
	Sent by: Jeff Dasovich
	01/23/2001 10:57 AM

		 To: Alan Comnes/PDX/ECT@ECT, Angela Schwarz/HOU/EES@EES, Beverly
Aden/HOU/EES@EES, Bill Votaw/HOU/EES@EES, Brenda Barreda/HOU/EES@EES, Carol
Moffett/HOU/EES@EES, Cathy Corbin/HOU/EES@EES, Chris H Foster/HOU/ECT@ECT,
Christina Liscano/HOU/EES@EES, Christopher F Calger/PDX/ECT@ECT, Craig H
Sutter/HOU/EES@EES, Dan Leff/HOU/EES@EES, Debora Whitehead/HOU/EES@EES,
Dennis Benevides/HOU/EES@EES, Don Black/HOU/EES@EES, Dorothy
Youngblood/HOU/ECT@ECT, Douglas Huth/HOU/EES@EES, Edward
Sacks/Corp/Enron@ENRON, Eric Melvin/HOU/EES@EES, Erika Dupre/HOU/EES@EES,
Evan Hughes/HOU/EES@EES, Fran Deltoro/HOU/EES@EES, Frank W
Vickers/HOU/ECT@ECT, Gayle W Muench/HOU/EES@EES, Ginger
Dernehl/NA/Enron@ENRON, Gordon Savage/HOU/EES@EES, Harold G
Buchanan/HOU/EES@EES, Harry Kingerski/NA/Enron@ENRON, Iris Waser/HOU/EES@EES,
James D Steffes/NA/Enron@ENRON, James W Lewis/HOU/EES@EES, James
Wright/Western Region/The Bentley Company@Exchange, Jeff Messina/HOU/EES@EES,
Jeremy Blachman/HOU/EES@EES, Jess Hewitt/HOU/EES@EES, Joe
Hartsoe/Corp/Enron@ENRON, Karen Denne/Corp/Enron@ENRON, Kathy
Bass/HOU/EES@EES, Kathy Dodgen/HOU/EES@EES, Ken Gustafson/HOU/EES@EES, Kevin
Hughes/HOU/EES@EES, Leasa Lopez/HOU/EES@EES, Leticia Botello/HOU/EES@EES,
Mark S Muller/HOU/EES@EES, Marsha Suggs/HOU/EES@EES, Marty Sunde/HOU/EES@EES,
Meredith M Eggleston/HOU/EES@EES, Michael Etringer/HOU/ECT@ECT, Michael
Mann/HOU/EES@EES, Michelle D Cisneros/HOU/ECT@ECT, Mike M Smith/HOU/EES@EES,
mpalmer@enron.com, Neil Bresnan/HOU/EES@EES, Neil Hong/HOU/EES@EES, Paul
Kaufman/PDX/ECT@ECT, Paula Warren/HOU/EES@EES, Richard L
Zdunkewicz/HOU/EES@EES, Richard Leibert/HOU/EES@EES, Richard
Shapiro/NA/Enron@ENRON, Rita Hennessy/NA/Enron@ENRON, Robert
Badeer/HOU/ECT@ECT, Roger Yang/SFO/EES@EES, Rosalinda Tijerina/HOU/EES@EES,
Sandra McCubbin/NA/Enron@ENRON, Sarah Novosel/Corp/Enron@ENRON, Scott
Gahn/HOU/EES@EES, Scott Stoness/HOU/EES@EES, Sharon Dick/HOU/EES@EES,
skean@enron.com, Susan J Mara/NA/Enron@ENRON, Tanya Leslie/HOU/EES@EES, Tasha
Lair/HOU/EES@EES, Ted Murphy/HOU/ECT@ECT, Terri Greenlee/NA/Enron@ENRON, Tim
Belden/HOU/ECT@ECT, Tony Spruiell/HOU/EES@EES, Vicki Sharp/HOU/EES@EES,
Vladimir Gorny/HOU/ECT@ECT, Wanda Curry/HOU/EES@EES, William S
Bradford/HOU/ECT@ECT, Kathryn Corbally/Corp/Enron@ENRON, Jubran
Whalan/HOU/EES@EES, Tom Riley/WSX/AZURIX@Exchange
		 cc:
		 Subject: FW: A.00-10-029

----- Forwarded by Jeff Dasovich/NA/Enron on 01/23/2001 10:56 AM -----

 - gas emergency security filing LETTER.doc
 - gas emergency financing petition.doc
 - gas emergency financing APPEARANCE let.doc
 - 0010029PROOF.doc
 - 0010029MOTIONPROOF.doc


The news that we are buying the "Pliego" may be mis-interpreted that Enron is
changing its posture and -- those crazy people in Enron South America are
going back purchasing assets.

Mike wants to buy the document to analyze how Enron my be able to participate
in this market. He has made it clear to the local officials that we do not
intend to buy the distribution wires. Please pass the word if it comes up.

Jose

---------------------- Forwarded by Jose Bestard/ENRON_DEVELOPMENT on
06/08/2001 11:41 AM ---------------------------

Michael Guerriero@ENRON
06/08/2001 07:25 AM
To: Joe Kishkill/SA/Enron@Enron, Orlando Gonzalez/SA/Enron@Enron, Keith
Miceli/Corp/Enron@Enron, Brett R Wiggs/SA/Enron@Enron, Remi
Collonges/SA/Enron@Enron, Britaldo Soares/SA/Enron@Enron, Jose
Bestard/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sergio Assad/SA/Enron@Enron,
Buenos Aires Argentina - Office Staff, Maria Ines Granado/SA/Enron@Enron,
Guillermo Atenor/SA/Enron@Enron, Diego Hollweck/SA/Enron@Enron, Bernardo
Andrews/SA/Enron@Enron, Julian Poole/SA/Enron@Enron, Rodolfo
Freyre/SA/Enron@Enron, Patrick Hansen/SA/Enron@Enron, Federico
Cerisoli/SA/Enron@Enron, Roberto Volonte/ENRON@enronXgate, Guillermo
Canovas/SA/Enron@Enron
cc:

Subject: Epec Privatisation

We have just completed our review the Epec distribution assets and the final
meeting with senior representatives of the Epec privatisation. We have
concluded there is limited value in Enron pursuing the regulated wires
business but also that there is potential value in Epec's generation assets
such as the Rio Grande Peaking Unit and other commercial opportunities in
Cordoba. To this end we are purchasing the distribution pliego of Epec to
gather pertinent energy market information.

In the next week you may see Enron being listed as a purchaser of the Epec
pliego. To avoid any confusion,  particularly for our Argentine employees,  I
am informing all of you of our commercial intentions are still to pursue the
peaking assets and other commercial opportunities in Cordoba.

Please let me know if you have any questions.

MFG


NYMEX TO BEGIN TRADING ELECTRICITY FUTURES CONTRACT ON SEPT. 14
7/19/0 11:33 (New York)

     (The following is a reformatted version of a press release issued by
New
York Mercantile Exchange.)

Exchange Sets Launch Date for Mid-Columbia Electricity Futures Contracts

     NEW YORK, NY, July 17, 2000 - The New York Mercantile Exchange today
announced September 15 as the launch date for its electricity futures
contract
based on delivery in the Mid-Columbia River region.
     The contract will begin trading at 4 PM on September 14, which marks
the
start of the September 15 electronic trading session.
     This contract will be traded electronically along with the other
Exchange
electricity contracts on the NYMEX ACCESSr system, with the session
beginning at
7 PM on Sundays and 4 PM on Mondays through Thursdays and ending at 2:30 PM
Mondays through Fridays.
     Other than delivery location, the contract will reflect the terms of
the
Exchange's California/Oregon border and Palo Verde electricity futures
contracts
including a unit size of 432 megawatt hours (Mwh) of firm electricity,
delivered
at a rate of one megawatt per hour, with the size of the actual delivery
varying
according to the number of on-peak days during the delivery month.
     Exchange President R. Patrick Thompson said, "We are delighted that we
will
be able to add a tool based on this active market center to our electricity
risk
management and price discovery product mix. We continue to work with the
industry to introduce products and services that meet the needs of this
rapidly
evolving marketplace."
     Other terms and conditions paralleling those in all of the Exchange's
existing electricity futures contracts, include:
     Delivery Period-16 on-peak hours: hour ending 0700 (6 AM) Pacific time
to
hour ending 2200 (10 PM)Pacific time on each business day of the delivery
month
     Termination of Trading-Trading in the delivery month shall cease on
the
fourth business day prior to the first day of the delivery month.
     Prices and Fluctuations- Prices shall be quoted in dollars and cents
per
Mwh. The minimum price fluctuation will be $.01 per Mwh. There is no
maximum
daily price fluctuation.

Contact:
Nachamah Jacobovits
212 299-2430

Maria Gonzalez
212 299-2436


Lynn:  Weren't you going to take a look at the Trader Guidelines for
Argentina?  Let me know if you have any questions or if I can help you
further.  Thanks.  SS


Hey Everyone,

This is a reminder about the Mucky Duck show starring Jimmy LaFave on Nov
3rd, immediatly after Jennifer's shower.

I know that I have contacted some of you and for others this might be the
first time you have heard about this.

You should have received your invitation to the shower by now. Please email
me if you have not. The shower will end around 9 pm. We are going to the
Mucky Duck afterwards to surprise Jennifer.

If you are interested in going, I need to buy the tickets by this Friday. I
can't wait any longer, I'm afraid the show is going to sell out.

Please send a check for $15, to:

Sarah Hughes
1652 Castle Court
Houston, TX 77006
713-522-5881

Please call if you have any questions. Looking forward to seeing you all!!

Sarah

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


jeff and lisa.....rick asked me to foward this inquiry to you.  I'll assume
the two of you can coordinate and will get back to David.  If you have
questions or if there's a problem just call me.  thanks!!

----- Forwarded by Janel Guerrero/Corp/Enron on 07/16/2001 10:28 AM -----

	Richard Shapiro
	07/16/2001 10:24 AM

		 To: Janel Guerrero/Corp/Enron@Enron
		 cc:
		 Subject: Re: Enron liquids inquiry

Please talk to Jeff and Lisa Yoho- Thanks.

From: Janel Guerrero on 07/16/2001 10:17 AM
To: Richard Shapiro/NA/Enron@Enron, James D Steffes/NA/Enron@Enron
cc:

Subject: Enron liquids inquiry

I took a call on Friday from one of the guys I worked with in Global Markets,
and he was asking about the CA market....specifically the following:

Apparently as a result of the BP/Arco merger a bunch of storage agreements
for diesel fuel are being cancelled and there isn't a home for the barrels
any longer.

Enron is looking into initiating a deal with Kinder Morgan and/or EOTT
wherebuy KM/EOTT would own and operate a new set of storage tanks and Enron
would lease the tanks and then sublet them to our counterparties.  (probably
near LA).

David was inquiring about the regulatory process and the political climate in
CA as a result of the energy crisis.  I told him that I wasn't sure on
process/timeframe for obtaining permits for storage tanks and that it was
worth looking into.

Do you want me to send this inquiry to Dasovich or someone else in CA?  David
needs an answer by Wednesday.

David Loosley
3-9109


You are welcome.  Hope the stock price stays "up".

 -----Original Message-----
From: 	Shackleton, Sara
Sent:	Wednesday, October 24, 2001 3:05 PM
To:	Armogida, Jim
Subject:	RE: Put Confirmations:  ENE as "Seller" and Lehman Brothers Finance S.A. as "Buyer" (or "Lehman")

Thanks for your help, as usual.  Sara

 -----Original Message-----
From: 	Armogida, Jim
Sent:	Wednesday, October 24, 2001 3:02 PM
To:	Rogers, Rex
Cc:	Shackleton, Sara
Subject:	RE: Put Confirmations:  ENE as "Seller" and Lehman Brothers Finance S.A. as "Buyer" (or "Lehman")

Rex--I did get with Bob, and he sees no problems with the puts.  He does want you to be aware of them, which I said you are.

Sara--I think that is it.  Please let me know if you need anything else.

 -----Original Message-----
From: 	Rogers, Rex
Sent:	Wednesday, October 24, 2001 2:30 PM
To:	Armogida, Jim
Subject:	FW: Put Confirmations:  ENE as "Seller" and Lehman Brothers Finance S.A. as "Buyer" (or "Lehman")

Armo:  I won't be able to get in the loop on these confirms----I am sure that you are already assisting Sara, but if not, could you jump in and help her with any questions or issues she has?  As always, if you need additional support you can call on Baird.  Thanks---I need all the help I can get these days!!

 -----Original Message-----
From: 	Shackleton, Sara
Sent:	Tuesday, October 23, 2001 4:40 PM
To:	Rogers, Rex; Armogida, Jim; Freeland, Clint
Subject:	FW: Put Confirmations:  ENE as "Seller" and Lehman Brothers Finance S.A. as "Buyer" (or "Lehman")

Rex, Jim and Clint:

You may recall that ENE has been in the process of documenting two forwards, effective 10/3/01, and two puts, effective 10/1/01.  The forwards consisted of rolls of outstanding forwards with Lehman.  These transaction confirmations were signed by Tim DeSpain on Friday, October 19, 2001.

In that regard, I have faxed to your attention the two (2) REVISED put confirmations prepared by Lehman per the email attached below.  I received the confirmations by fax today.  The confirmations were revised to provide for physical settlement on the Expiration Date.  There are two different Expiration Dates; one is October 30, 2001 (Strike Price of USD15.5246) and the other is December 28, 2001 (Strike Price of USD15.6947).  You will see the details on the confirmations.  As Seller of the options, ENE will be obliged to pay Lehman upon delivery of the shares if the options are automatically exercised on the Expiration Date(s).  Please note that there are also changes to the confirmations with respect to "Regulation M/Tender Offer Event" appearing on page 4 (i.e., Cash Settlement will apply instead).

Clint:  please verify that the confirmation changes conform to your discussions with Russ.

Please let me know if you have any questions.

Thanks.  Sara

 -----Original Message-----
From: 	"Fleming, Matthew" <mfleming@lehman.com <mailto:mfleming@lehman.com>>@ENRON
Sent:	Monday, October 22, 2001 10:54 AM
To:	Freeland, Clint
Cc:	Hackmann, Russell; Shackleton, Sara
Subject:	Put Confirmations

Clint,

Just FYI, we are revising the two put confirmations we sent out to you
earlier to reflect the discussions you previously had with Russ around
settlement.  We will correct the confirms to include only physical
settlement at maturity, and we will send them out shortly.

Regards,
Matt

Matt Fleming
Lehman Brothers
Corporate Equity Derivatives
P: 201-524-2279
F: 646-758-4819
C: 917-553-8757

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


Please feel free to contact Dan Hyvl at 713-853-6895.  I do not anticipate
getting the redline doc to you today.

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


Hi Everyone,

You may have received an e-mail from Professor Jim Lincoln announcing a 1-
or 2-unit course he's offering called "International Business and Japan",
held one night each week (6:00 - 8:00 pm).

Evening MBA students may take this as a one-unit course only, and it can be
counted as an "academic" one-unit course as opposed to a "professional
skills" one-unit course.

Cheers,

Diane


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http://212.107.196.183/members/celebs/remove.htm


The attached expense report is approved for payment.
Jeff Skilling
---------------------- Forwarded by Jeff Skilling/Corp/Enron on 11/03/2000
11:48 AM ---------------------------

	From:  Katherine Brown                           11/03/2000 11:33 AM

To: Jeff Skilling/Corp/Enron@ENRON
cc:

Subject: Expense Report - Sherri Sera

Attached is an expense report for Sherri Sera that requires approval.  Please
review, approve and forward to "expense reports."


Hope this helps

I am out of town on the 20/21 of April  so not able to make it

Friday or saturday the 27th/28th of April are fine

Saturday the 5th is ok (not the prime choice as Frank's flight gets in from
the offsite at 6pm that night unless he changes it or comes straight to your
house - which I am    willing to make him do)

we are out of the weekend of the 11th and 12th

and ok any other time in May

Beth


<<org.pdf>>
FYI.
Thanks
Gary

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Hi there,
?
When I was at Monday's Astros' game, I thought I heard them say that Enron is
sponsoring some type of kid's book drive at next Sunday's game.? I have quite
a few gently used kids books I am looking to give away, so I was wondering if
I could do it in connection with that program.? I will not be at the game
Sunday, and I didn't locate a reference to the program on your website.
?
Is there a way for me to donate kids books for whatever program Enron is
sponsoring, without going to the game?
?
Many thanks!
?
Kay Mann


I am forwarding a resume of one candidate who is very
persistent and quite aggressive.

Please, take a look at him.

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 06/23/2000
08:18 AM ---------------------------

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

Mr. Kaminski,

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

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

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

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

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

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

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

Warmest Regards,
Eric Hilton
?
 - MY RESUME


Greg,

As requested, I am forwarding you execution copies for your further handling
via interoffice mail.

Thanks,

Eric Gillaspie
713-345-7667
Enron Building 3886


I was assuming that Paul might have a process set up for the UK and that we
could copy most of it.  Do you know if he has created one already?

	Bryan Seyfried
	05/31/2000 10:19 AM

		 To: Mark Taylor/HOU/ECT@ECT
		 cc:
		 Subject: Re: additional names

Paul is on holiday this week...any chance we could hammer out a skeleton this
week and then get with paul on monday...

From: Mark Taylor on 31/05/2000 09:59 CDT
To: Bryan Seyfried/LON/ECT@ECT
cc: Paul Simons/LON/ECT@ECT

Subject: Re: additional names

That certainly makes sense to me.  I had better talk to Paul about the
appropriate procedures going forward.

	Bryan Seyfried
	05/31/2000 09:36 AM

		 To: Mark Taylor/HOU/ECT@ECT, Paul Simons/LON/ECT@ECT
		 cc:
		 Subject: Re: additional names

now that we are officially behind a chinese wall can this process be
reevaluated?  I think that it will be increasingly difficult to scale at the
pace we need to over the coming months if we can not design an automated
process.  Are we trying to avoid actually misusing confidential information
or the perception of misusing the information?  our intent is to begin to
scale on a massive level from now until we have reached over a million
reference credits.

bs

From: Mark Taylor on 31/05/2000 09:29 CDT
To: Bryan Seyfried/LON/ECT@ECT
cc: Denis O'Connell/LON/ECT@ECT, Edmund Cooper/LON/ECT@ECT, Markus
Fiala/LON/ECT@ECT, Paul Simons/LON/ECT@ECT, Rod Nelson/HOU/ECT@ECT, Tomas
Valnek/LON/ECT@ECT, William S Bradford/HOU/ECT@ECT

Subject: Re: additional names

Bryan -

The process for approving these involves sending the names to the General
Counsels of the various operating companies here in Houston.  Several of them
then send the lists to the senior business people in their organizations.
Unless there is a real urgency, I would suggest that we send the list all at
once instead of piecemeal.  What do you think?

Mark

	Bryan Seyfried
	05/30/2000 08:09 AM

		 To: Rod Nelson/HOU/ECT@ECT, Paul Simons/LON/ECT@ECT, Edmund
Cooper/LON/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Denis O'Connell/LON/ECT@ECT
		 cc: Markus Fiala/LON/ECT@ECT, William S Bradford/HOU/ECT@ECT, Tomas
Valnek/LON/ECT@ECT
		 Subject: additional names

We are in the process of selecting a large number of reference credits to be
approved for display on the web site.  Our intention is to have 1000 names on
line by the end of the quarter.  We are internally scrubbing the lists now
and will forward them soon.  In the meantime, can we get approval to quote
the following on line:

Transocean Sedco Forex Inc.
KPN N.V.
Deutsche Telekom
Technost International
Vivendi
Ryder Systems
Petrocanada

thanks


Dear Subscriber,

     Your subscription is currently paid through August 2001.

     Thank you,

     Texas Monthly

     bm

______________________________ Reply Separator
_________________________________
Subject: Customer Service Request
Author:  New Media User ID <webster2@secmail.cdsfulfillment.com> at HEARST
Date:    1/11/2000 4:34 AM

       77062LVE012503JAS9
       plove@enron.com
       PHIL LOVE
       2503 JASMINE RIDGE COURT

       HOUSTON, TX 77062

       I have never received a bill and did not know that my subscription was
       expiring.  It shows on the previous page that
       my subscription does not expire until 2001. Please advise.


The "trade" with the parents and associated companies is really an allocation of premium as opposed to a purchase from the parent.  There was a separate insurance program purchased to cover all the Azurix assets and the premium was allocated to the participants.  Wessex received a portion of the premium through the allocation.  Due to our extensive regulated pipeline system, we are familiar with the issues related to the regulatory scrutiny of allocated premiums.  The pipelines include allocated premiums in their "rate case" and historically, we have been successful in supporting the amounts charged.

On what are you basing your statement that the Azurix allocation to Wessex is not competitive?  Have you priced coverage in the market?  I would be very interested in the information that you have received as our only data points would be your premium levels when we acquired Wessex.  As you will recall,  Enron left your program in place initially.  Azurix placed their own program in December of 1999, and your program was terminated at that time. (This is only the second year of the Azurix program.)  The market has "hardened" considerably over the past two years.

Once the North America assets are sold, the "Azurix" program will be remarketed (Dec., 2001) for the four (4) remaining water companies and a small U.S. exposure, if any remains.  This would be a portfolio of assets with similar operations and I would not anticipate  Wessex supporting the rest of the Azurix program.  We could also consider providing coverage under the Enron program, if it fits.

If you have not gone to the market, how would you propose doing so in order to secure stand alone pricing?  What brokers and markets would you plan to use?  Do you plan to return to using a captive for certain coverages?

Please advise.

 -----Original Message-----
From: 	Mark Watts <mark.watts@wessexwater.co.uk>@ENRON [mailto:IMCEANOTES-Mark+20Watts+20+3Cmark+2Ewatts+40wessexwater+2Eco+2Euk+3E+40ENRON@ENRON.com]
Sent:	Thursday, September 06, 2001 4:00 AM
To:	Bouillion, James L.
Subject:	Wessex Insurance's

Jim,

Thanks for your e-mail of 8 August informing us that a decision had been
made to keep Wessex insurance's under the existing Azurix global programme,
or to ultimately absorb the whole of Azurix into an Enron programme.  Whilst
we understand this, we are concerned that a continuation of the global
policies, at the current cost to Wessex, will raise some regulatory problems
for us in the UK.

Our Licence requires us to report trades with parents and associated
companies, and to demonstrate that any such trades are undertaken at arms
length.  Moreover we are required to periodically test such arrangements.
Clearly this has not been done in respect of Insurance.

Even more worrying is the fact that the cost of the Global insurance
programme to Wessex is simply not competitive.  The current level of
premiums we pay, when added to the much higher excess levels we incur, are
in excess of what we could arrange on a standalone basis.  Going forward, if
Wessex is to support the rest of the Azurix programme, our costs can only
but rise.

In light of these problems we either have to reduce the cost of the Global
policies to Wessex or allow Wessex to obtain standalone cover.

Regards.

Mark Watts

Treasurer

**********************************************************************
This email and any files transmitted with it are confidential and
intended solely for the use of the individual or entity to whom they
are addressed. If you have received this email in error please notify
the Wessex Water IT Support Centre on:

44-1225-528888 or email support@wessexwater.co.uk

This footnote also confirms that this email message has been swept by
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Vince,

We are delighted that you, Christie (and possibly Mark Palmer) will be
attending our upcoming Wharton Impact Conference on October 19-20.  The
final agenda is enclosed (below) - PLEASE NOTE - unless we hear otherwise
from you, we will assume that you will be attending both the DINNER on Oct.
19 and the CONFERENCE on Oct. 20.

This VERY timely event has generated enormous interest.  We look forward to
your participation, and hope you will find this to be a valuable
insight-building experience.

Please call or e-mail if you have any questions about any aspect of the
conference.

Also - I'll look forward to hearing some stories of your exploits during
your recent trip to Poland.  Must have been extremely interesting!

best regards,
Michael Tomczyk

_________________

******************************************************
WINNERS AND LOSERS IN THE E-COMMERCE SHAKEOUT
THURS. OCT. 19 (dinner) and FRI. OCT. 20 (conference)
******************************************************
AGENDA

WINNERS AND LOSERS IN THE E-COMMERCE SHAKEOUT
Thursday,  October 19, 2000 (dinner)
Friday, October 20 (conference)
The Wharton School - Philadelphia, PA

__________________________________________________
Jointly sponsored by the
William and Phyllis Mack Center on Managing Technological Innovation,
Wharton School
Marketing Science Institute
Wharton E-Business Initiative (WEBI)
__________________________________________________

CONFERENCE THEMES & OBJECTIVES

E-Commerce is heading inextricably and rapidly toward an inevitable
shakeout and consolidation that tends to characterize every major new
industry.  This impact conference bringstogether a distinguished group of
industry and academic leaders to discuss what is required to survive the
E-Commerce shakeout, and what it takes to be a "winner" when the shakeout
hits, full-force.

Shakeouts are spawned in the boom-and-bust environment of hot emerging
markets.  An unsustainable glut of competitors is attacted by the
contagious enthusiasm for the emerging technology.  As competition
intensifies and falling prices put pressure on margins there is a wave of
ailures and mergers that removes the weaker players.

Few eCommerce markets--whether e-tailing online exchanges or others---will
be exempted from the forces that cause shakeouts.  This conference will
combine lessons from markets that have experienced shakeouts, with the
latest thinking about the unique features of E-commerce, to identify
successful strategies for surviving a shakeout.

Questions to be addressed include:

- Are the patterns seen in previous shakeouts of high technology markets
applicable to eCommerce?  What are the early warning signs of an impending
shakeout?

- Which eCommerce markets are most susceptible to a shakeout?  Will there
be single or multiple winners?

- Which companies are likely to survive?  What strategies will the winners
use?

There is controversy and uncertainty about which factors will most
contribute to prospects for survival.  How important are first mover
advantages and building brand equity?  What do incumbents have to do to
prevail?  Which business models are most robust?  How important is the
ability to manage strategic partnerships?

These issues will be addressed with a program that encourages active
dialogue and interaction and includes speakers from industry, academia and
Wall Street.

_____________________________________

AGENDA

*************************************
DINNER & REGISTRATION - THURSDAY, OCTOBER 19

5:30 - 6:30p
Registration and Reception

6:30 - 9:00p
Dinner

SURVIVING THE SHAKEOUT: FUNDAMENTALS, FADS AND THE FUTURE
(John Hagel of 12 Entrepreneuring; co-author of the best-selling books NET
GAIN and NET WORTH)

*************************************
CONFERENCE - RIDAY, OCTOBER 20

8:00 - 8:30a

Continental Breakfast & Informal Networking

8:30 - 9:15
INTRODUCTION: UNDERSTANDING THE BOOM AND BUST OF EMERGING TECHNOLOGIES
(George Day, Co-Director of the Mack Center for Technological Innovation and
Boisi Professor of Marketing, the Wharton School and co-editor of WHARTON
ON MANAGING EMERGING TECHNOLOGIES)

9:15-10:00
APPLYING THE LESSONS OF THE PAST TO THE eCOMMERCE FUTURE
(Adam Fein, President, Pembroke Consulting)

10:00-10:30  BREAK

10:30-11:30
IDENTIFYING WINNING AND LOSING INTERNET BUSINESS MODELS
(Raffi Amit, Goergen Professor of Entrepreneurship and Director, Wharton
E-Business Initiative (WEBI); and
David Reibstein, Woodside Prof. of Marketing, Wharton School and Director,
Marketing Science Institute)

11:30-12:15p
TECHNOLOGY INVESTING, 15 THINGS THAT SHOULD BE TRUE
(Stephen J. Andriole, Senior Vice President and Chief Technology Officer,
Safeguard Scientifics)

12:15-1:30
WORKING LUNCH

Participants will work in small groups.  Half the group will be asked to
select an eCommerce firm with a strong likelihood of winning and identify
the most important reasons for success; the other half will be asked to do
the same for a firm that is likely to fail.

1:30-2:15
SMALL GROUP REPORTS

2:15-3:00
FINDING A WINNING STRATEGY
(Norman Drapeau, Chief Executive Officer of MRO.com)

3:00-3:15  BREAK

3:15-4:00
LIVING THROUGH A CONSOLIDATION
(Harry Smilow, previously Chief Executive Officer of Telebank which is now
part of E*Trade)

4:00-4:45
A VIEW FROM WALL STREET
(Henry Blodget, First Vice President and Senior Internet/E-Commerce
Analyst, Merrill Lynch)

4:45-5:00
SUM UP-WHAT HAVE WE LEARNED?  WHAT DO WE NEED TO LEARN?

5:00    ADJOURN
______________________________________

DIRECTIONS TO THE EVENT & ACCOMMODATIONS:

The dinner will be held at The Inn At Penn which is located at 3600 Sansom
Street.   There is also an entrance on Walnut Street between 36h and 37th.

The conference will be held in Steinberg-Dietrich Hall which is located on
Locust Walk on the Wharton campus in Philadelphia.  From the airport or
train station take a taxi to the intersection of 37th Street and Walnut,
walk LEFT onto the campus (there is a broad paved walkway leading into the
campus from that intersection).  At the first intersection you will see a
life sized bronze status of Ben Franklin sitting on a park bench reading a
newspaper.  Turn LEFT at this intersection and Steinberg-Dietrich Hall is
the first building on the Right.  There is a broad entrance with several
doors.  Also, any student can direct you to this building.  Go inside and
take the staircase DOWN to the right -- ROOM 350 is on the LOWER (basement)
level.

ACCOMMODATIONS

Overnight accommodations are available at the Inn At Penn which is across
the street from the campus (tel  215-222-0200 - mention you are here for
the Emerging Tech conference on E-Commerce Shakeouts, to receive the
$164/night Wharton room rate).  Please make your reservations EARLY because
the Inn is often fully booked.    We have reserved a set of rooms for this
event.

If you stay at another hotel in Center City, most hotels (Rittenhouse,
Latham, Ritz Carlton) are approximately 15 minutes by taxi from the campus.
There is also a Sheraton approximately 3 blocks from the campus, on
Chestnut St.

Michael S. Tomczyk
Managing Director
Emerging Technologies Management Research Program
1400 SH-DH/6371
The Wharton School
Philadelphia, PA 19104-6371

Tel 215-573-7722
Fax 215-573-2129
website:  http://emertech.wharton.upenn.edu


Dana,
This is for you.

 -----Original Message-----
From: 	Fromer, Howard
Sent:	Friday, October 26, 2001 1:35 PM
To:	/o=ENRON/ou=NA/cn=Recipients/cn=notesaddr/cn=a3a4cb81-65db1a4f-862569e7-6cfe2f; Ader, Jeff; Aucoin, Berney C. ; Bachmeier, Rick; Brown, Jeff; Brown, Michael; Davis, Dana; Duran, W. David; Dutta, Tom; Ferris, Frank; Guerrero, Janel; Gulmeden, Utku; Gupta, Gautam; Hamlin, Mason; Hammond, Pearce; Hinrichs, Lance; Letzerich, Palmer; Llodra, John; Lydecker Jr., Richard; May, Tom; Meyn, Jim; Misra, Narsimha; Montovano, Steve; Nicolay, Christi L.; Novosel, Sarah; Padron, Juan; Philip, Willis; Ring, Richard; Sacks, Edward; Scheuer, Janelle; Sewell, Doug; Staines, Dan; Steffes, James D.; Sullivan, Kathleen; Thomas, Paul D.; Thompkins, Jason; Wheeler, Rob
Subject:	NYISO Training

Either today or Monday, I expect the NYISO to announce that it will be offering its 3-day Market Orientation Course in Houston December 11-13 at the Hyatt Regency. Enrollment will be limited to 150 people on an as-registered basis, so early registration is encouraged. The on-line registration process will be included in their announcement, which will be broadcast to the ISO's TIE list as well as put on their web site www.NYISO.com. Because Enron has previously sent people through this training course, the costs for Enron employees attending this training session will be $800.00 per person, rather than the normal $1,200.00 charge. Please feel free to contact me if you have any questions.


fyi

 -----Original Message-----
From: 	Ibrahim, Amr
Sent:	Friday, November 02, 2001 6:06 PM
To:	Steffes, James D.; Nicolay, Christi L.; Kingerski, Harry
Cc:	Levy, Alberto; Hemstock, Robert; Tiberi, Fino; Gottfredson, Bryan
Subject:	FW: Ontario credit policy

Please find the analysis for Ontario.  I would like to highlight Guillermo's conclusion.  To quote "As a BBB rated company, Enron should have been provided an allowable reduction in prudential support of $5 million.  According to the market rules (section 5.8.2), the announcement of being placed on "credit watch" would result in Enron being automatically downgraded to below BBB, which means that Enron no longer qualifies for an allowable reduction. Enron would need to replace the $5 million with additional prudential support within five business days."

Please let me know if you have any question.

Brgrds

AI
713-853-3037

 -----Original Message-----
From: 	Canovas, Guillermo
Sent:	Friday, November 02, 2001 5:15 PM
To:	Hemstock, Robert; Ibrahim, Amr
Subject:	Ontario credit policy


Thanks, I agree.  Michelle

 -----Original Message-----
From: 	FMackin@aol.com@ENRON
Sent:	Sunday, November 25, 2001 5:51 PM
To:	Cash, Michelle
Subject:	Re: FW: Severence/Policy Memo

In a message dated 11/25/01 2:35:26 PM Pacific Standard Time, Michelle.Cash@ENRON.com writes:
My recommendation would be to let
everyone know it has been restated and attach an electronic copy of the
new plan, thus letting the plan speak for itself.
Michelle, this was the combined recommendation of Kriste, Kerry N. and myself.
Pat


Scott,

Please take me off the global e-mail list...

Thanks,

Fletch @ enron


NEW CD ROM is helping to Create HUGE FORTUNES!!

 Free Info:

 * What if you could make a full time income handing/sending out a $1.25 CD ROM?

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 * What if you got paid when somebody goes to your website and views the hottest video presentation ever and signs up?

 If you are the least bit curious about why this CD ROM is making us Fortunes, all you need to do is simply send an email to:

 mailto:sendtome91@interconnect.port5.com?subject=Please_Tell_Me
 >> Please put your name and email address in the body of the email.

 We will email you all you need to know to get signed up and making money TODAY!!!

 **************************************
 To be removed from future mailings, click below, and send
 mailto:pleasetakemeoff@always.safemailtoyou.com?subject=autoremove


Val,

What is this e-mail about, did you mean to send it to me?  Send me some of
those funny jokes that are going around.

Talk to ya later!


Vince,

FEA has arrived at a very simple, direct, and inexpensive approach to
licensing our two VaR-related patents as a package.  I hope that you will
agree that our proposed license fee of $2,500 plus $1 per employee, with
licenses to go to all of your affiliates, would be an attractive offer.  I
would love to sign up Enron for this package as an early customer.  Do you
think you could forward the attached pdf license agreement to the
appropriate people at Enron, together with your recommendation? I am highly
motivated to get Enron as a licensee, and I strongly believe that it will be
a worthwhile effort for both parties.

Best regards,

Mark B. Garman
President, Financial Engineering Associates, Inc.
2484 Shattuck Avenue, Suite 225
Berkeley CA 94704-2029
Tel    +1-510-548-6200
Fax    +1-510-548-0332
http://www.fea.com/

 - Microsoft Word - patent_lic.pdf


?

This document contains frames, which cannot be edited. The original document
is attached.

 - ATT00004.htm


The Power Credit Watchlist List has been revised.   Attached please find the
revised EPMI Power Credit Watch List as of 01/04/01.  Please direct any
questions and/or comments to the Credit Hotline (713-853-1803).

Thank you,
Veronica Gonzalez


As you can see not everybody is always on board.
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)

-----Original Message-----
From: Peters, Jerry <Jerry.Peters@ENRON.com>
To: Smith, Gary <Gary.P.Smith@ENRON.com>
CC: Hayslett, Rod <Rod.Hayslett@ENRON.com>; Batista, Daniel <Daniel.Batista@ENRON.com>; Cordes, Bill <Bill.Cordes@ENRON.com>; Goetzinger, Marilyn <Marilyn.Goetzinger@ENRON.com>
Sent: Mon Nov 19 14:26:33 2001
Subject: ETS Finance vacancies

In Stan's staff meeting this morning he asked we let you know of any vacancies that are being filled.  I have two that are currently in process:
*	Director, Financial Planning -recruiting internally and externally on a concurrent basis due primarily to Omaha location,  preference given to internal candidates.
*	Financial Planning Analyst (Ben Humann's vacancy) - recruiting internally only.

For either of these positions I think Enron should be willing to pay relocation if necessary (to avoid severance costs).  From the standpoint of the partnerships I don't think NBP should pay this cost since there are plenty of local candidates from which to choose.


When: Wednesday, January 30, 2002 9:30 AM-10:30 AM (GMT-06:00) Central Time (US & Canada).

*~*~*~*~*~*~*~*~*~*

I apologize, I mixed up the dates.

Meet to discuss pipeline set-up process for UBS--rescheduled from today at 3PM.  Please respond.

Thanks!


What do we do about the Pipelines?  Do we include them in our Customer phases?

Thanks,
Mike

 -----Original Message-----
From: 	Kitchen, Louise
Sent:	Thursday, December 27, 2001 4:58 PM
To:	Belden, Tim; Calger, Christopher F.; Presto, Kevin M.; Duran, W. David; Robinson, Mitch; Forster, David; Curry, Mike; Arnold, John; Shively, Hunter S.; Milnthorp, Rob; Zufferli, John; Luce, Laura; Vickers, Frank; Neal, Scott; Lagrasta, Fred; Aucoin, Berney C. ; Steffes, James D.; Roberts, Mike A.; Grigsby, Mike; Tycholiz, Barry; Allen, Phillip K.; Redmond, Brian; Martin, Thomas A.
Cc:	Lavorato, John
Subject:	Re-start/Integration Planning

We have for the last couple of weeks started to compile the Re-start/Integration Plans for Netco.  So far, we have primarily focussed on the mid/back plans where the technology requirements have been the driving factors.  Several plans are in the final stages of completion including:-

+	Infrastructure		Jenny Rub
+	Development		Jay Webb
+	EnronOnline		Webb / Forster
+	HR			David Oxley
+	Cash Management	Tom Myers
+	Credit			Debbie Brackett

The rest will be completed shortly.

We now need to focus on the commercial plans which have a slightly different focus. John and I would like to receive the plans "Re-start/Integration"  plans by January 7th, 2002 in order to go through them individually with each of you or in groups.  The focus should be to ensure that we have as much of the business up and running in the shortest time possible.  I have a suggested outline which you do not have to use but I thought it might help.  Please decide within yourselves the areas you will cover together or individually.

Customer Side
+	Customers		Phase  1 - First Week (eg top 10)
				Phase  2 - First Month (eg top 50)
				Phase  3 - First Quarter (eg top 100)
+	Action Plan		Phase  1 Customers
				Phase  2 Customers
				Phase  3 Customers
+	Contracts by customers (pre-prepared with credit terms etc)
+	Customer visit schedule

Product Side
+	List of Products	Phase 1 - First Week
				Phase 2 - First Month
				Phase 3 - First Quarter

Target Number of Transactions
+	Phase 1
+	Phase 2
+	Phase 3

IT transfer

Louise


I am back in the office.  I assume you are handling this and will let me see
a copy of the draft.  Thanks.

Steve Walton
01/05/2001 09:34 AM
To: Mary Hain/HOU/ECT@ECT, Alan Comnes/PDX/ECT@ECT, Sarah
Novosel/Corp/Enron@ENRON
cc: Paul Kaufman/PDX/ECT@ECT
Subject: Comments on RTO West December 1st Filing

I have not gone over the filing in great detail, I have found one thing we
may want to file to address.  All the parties except PGE/Sierra/Nevada agreed
to eliminate the export fees.  PGE/Sierra/Nevada made a joint filing asking
the FERC to require the RTO West to include export fees and their effect in
the financial modeling of their Stage 2 filing.  I think we should consider
filing comments  to oppose this requiest from PGE/Sierra/Nevada for the
following reasons:

Elimination of the export fees is a positive step to resolve one of the three
major "seams" issues.  With RTO West taking the lead, the other RTOs (CAISO &
DSTAR) can follow suit.
The nature and type of export fee to be used would have to be developed.
This eat up an enormous amount of time on a speculative fee which the
majority of the parties are opposed to including.  The delay engendered and
use of limited resources is unconsiounable.

We can reiterate our concerns regarding allocation of rights instead of an
auction and about the potential exclusion of facilities from the RTO West
control.  The December 1st filing really doesn't change those things.  Since
the comments are due on the 16th and I will be gone all next week, I thought
I had better let you know my views before leaving.

I am including the IPP/Marketers comments for reference.

Steve


Steve:

Per your request, we've reset your password to "password".  Your user id to
Enron Forum remains your email address which we have as 'skean@enron.com'.
Anecdotes from participants and the evaluation forms we have received thus
far show that Enron's initiative in hosting 'US Energy Policy at a
Crossroad' was very well received.   Enjoyed working with you at the October
event and look forward to the next one.  Let me know if you need anything
further.

Kind regards,

Kelley R. Kenyan
Senior Vice President, Corporate Programs
Intellibridge Corporation
3307 M. St. NW, Suite 200
Washington, DC 20007
Tel:  202 298 6300 x256
Fax: 202 298 6276


You may have already seen this.

Marie Heard
Senior Legal Specialist
Enron Broadband Services
Phone:  (713) 853-3907
Fax:  (713) 646-8537
Marie_Heard@Enron.net
----- Forwarded by Marie Heard/Enron Communications on 03/22/01 02:01 PM -----

	Anne_Heard@ryderscott.com
	03/22/01 01:49 PM

		 To: HAWKER@wolfenet.com, jheard@kcom.edu, JudgeCW@aol.com,
marie.heard@enron.com, reheard_2000@yahoo.com, rsheard2@juno.com,
s-j.heard@juno.com
		 cc: (bcc: Marie Heard/Enron Communications)
		 Subject: FW: Lost child FUNNY

-----Original Message-----
From: Richoux, Fred
Sent: Thursday, March 22, 2001 1:31 PM
To: Wagner, Bob; Heard, Anne
Subject: FW: Lost child FUNNY

-----Original Message-----
From: Ridley, Joe [mailto:JRidley@carterbloodcare.org]
Sent: Thursday, March 22, 2001 12:52 PM
To: 'Dave Bamberg'; 'Dean Webster'; 'Garrett Whitney'; 'Fred Richoux';
'Rupert Moore'
Subject: FW: Lost child FUNNY

Subject: FW: Lost child FUNNY

Have you seen my daddy?
Subject: Lost child
A little lost girl has recently been
found whose name is  Jessica.  She does not know who her daddy is or
where she last saw her mom.  Please take a look and see if you
recognize her so that we might locate her parents.


Are you guys up for a little guys night out tonight?? Call me 713-853-6203
or leave a message for me at home 713-668-3712.

MC


The following are?summaries of today's appearance by  Sen. John Burton to the
Sacramento Press Club and of his news conference this  afternoon announcing a
lawsuit against FERC.
?
John Burton held what amounted mostly to a Q&A session at  a?lunch with the
Sacramento Press Club today. He started by talking about  the Edison MOU,
which he said will be assigned to the Senate Utility Committee  for review,
the Judiciary Committee will look at the legal elements, and the  Natural
Resources Committee will look at issues surrounding easements.?  (One
columnist commented that Burton would "love it to death," meaning it would
get so much attention it will be hard for it to advance.)
?
The MOU, he said, includes language that eliminates oversight  by the PUC.?
He said that will not be the case when it leaves the  Senate.
?
Burton is obviously troubled by?the MOU; he said "some  people" say it
doesn't just make Edison creditworthy, it makes them whole.?  He said the
following would have to take place for the MOU to be  acceptable:
?

Back debt must be verified;
All creditors must take a 30% "haircut";
The transmission lines would need to be purchased for an  amount close to
what the governor has mentioned;
$400 million (or more) must come from Edison's parent to pay  back debt.

?
When asked whether $400 million was enough, he said "no" and  that he feels
the parent should pay "a ton."? That led to a discussion of  the dedicated
rate component, which he doesn't like.?He used  the example that if
electricity costs $20 and the dedicated rate component is  $5, if prices drop
to $10 people will unnecessarily pay higher rates.? A  larger infusion of
cash from Edison's parent could eliminate the need for the  dedicated rate
component.
?
Burton called?the dedicated rate component a "big  problem" and said it could
be the strongest argument for use in an initiative  campaign.
?
He said he planned to tell the governor this afternoon that  the state should
set an acceptable purchase price for power and not pay anything  more (note:?
this is a populist approach that is getting a lot of support  from radio talk
shows and other media).? He later threw out the number  $200.? The state is
going to have blackouts whether or not it pays top  dollar, he said, so this
is one way he sees to fight back.? It's tough  medicine, but as he put it,
"You've got to take castor oil and it tastes crappy,  but two days later
you're over it and your stomach's OK."
?
Burton also used a quote from his late brother, Phil, on how  he believe the
situation should be handled:? "The only way to deal with  exploiters is to
terrorize the bastards."
?
Asked how long the committee process would take re: the MOU,  Burton said the
MOU sets August 15 as a deadline but that if there is ongoing  progress there
are allowances that would let the process go as long as into  December.
?
?
LAWSUIT PRESS CONFERENCE
?
Shortly after the lunch, Burton held a press conference to  announce a
lawsuit against FERC was filed today in the U.S. Court of Appeals for  the
Ninth Circuit.? A copy of the brief and press release was faxed earlier  this
afternoon to Jim Steffes and should be available in his office.? If
additional copies are needed, please contact me or Scott Govenar.
?
The plaintiffs are Burton, individually and on behalf of the  Senate; Bob
Hertzberg, individually and on behalf of the Assembly; and the City  of
Oakland.? At the event were Burton, Hertzberg, Oakland Mayor Jerry  Brown,
atty. Joe Cotchett of Cotchett, Pitre & Simon (in Burlingame); atty.  Clark
Kelso, a constitutional scholar from McGeorge School of Law; Sen. Liz
Figueroa; and Joan Breuner, vice mayor of Oakland.?
?
The suit asks for FERC to respond within 7 days and a ruling  within 21 days.
?
Burton opened by explaining that they were suing FERC for not  fulfilling its
statutory authority to maintain fair and justifiable rates.?  Hertzberg added
that FERC had ignored the law and that they  were compelled to file suit for
Californians' relief.
?
Joe Cotchett said the suit is "very basic" and is based on the  Federal Power
Act, which he says limits power costs to "fair and justifiable"  rates.??A
primary?strategy in this suit is to present it as a  "health and welfare" and
public safety suit; he noted that there are 3 million  disabled children and
12,000 convalescent homes in CA who can be adversely  affected by blackouts.?
He said it is "not an economic lawsuit -- it's  about senior citizens,
disabled kids and convalescent facilities."? Today  also happened to be the
legislative day for the California Association of Health  Facilities (the
nursing home trade assn.), and several nursing home workers were  apparently
asked to sit at the back of the room for effect.
?
Cotchett said FERC has been told for 3 years that there were  opportunities
to exert market power.? He also claimed that a Redondo Beach  facility
(obviously AES) was fined $8 million by FERC for taking its plant  off-line
and substituting higher rates.? He said, however, that this order  had been
sealed.
?
He cited an industry report that predicts 260 hours of  blackouts this
summer, which could mean four hours a day.? That could be,  he said,
"potentially the ruination of a lot of medicine in  refrigeration."? Cotchett
noted that only hospitals with more than 100 beds  are exempt from blackouts,
which does not protect surgical centers or many  health facilities.
?
Jerry Brown added that "prices are unjust and people are  suffering."?
Continued high prices could mean "potential civic disruption,"  and that
there will be "more actions to mobilize" Western mayors.
?
Liz Figueroa spoke briefly to reiterate the health aspects of  the lawsuit.
?
Burton had mentioned Clark Kelso, who regularly appears on TV  here as a
legal expert and I believe was a colleague of Justice Anthony Kennedy,  in
his Press Club appearance.? He said Kelso had appeared regularly in the
media early on to say that the state had no standing to file the
suit.?Burton's lawyer's sent him the brief, and Kelso thought enough of it
to?join the legal team.
?
Kelso reiterated that FERC has been aware of potential market  power for
three years, and that the commission has delayed  action?unreasonably.? It
has failed to define "fair and justifiable";  that failure, he said, violates
the Equal Protection and Due Process clauses of  the Constitution.
?
Kelso said this is not a partisan issue, and called upon  "fellow
Republicans" to support the effort.
?
Joan Breuner (sp?), Oakland's vice mayor, said only that she  believed that
if the energy situation were happening in Texas rather than  California, the
president and FERC would have acted long ago.
?
During the Q&A session, Cotchett said the urgency filing  is necessary
because "5 generators supply 90%" of the electricity in CA and all  five have
rate renewals before FERC.? He also said one of the cases that is  relevant
is Bush v. Gore, in which the Supreme Court found that failure to set
standards (regarding elections, obviously, in that case) violates the Equal
Protection clause.? He also said six states have expressed interest in the
case and have requested briefs:? Oregon, Nevada, Arizona, Washington,
Minnesota and one other he didn't name.? None of these states has yet
committed to joining the suit.