Jin & Winston,
I will look at the results of 2 runs,
but I will not look at the code unless it is in our Version Control System
SCCS.

Please, put all your version under this system, as we used to do, and as we
discussed with you.

Thank you,

Tanya

	From:  Jin Yu                           10/24/2000 12:31 AM

To: Tanya Tamarchenko/HOU/ECT@ECT
cc: Wenyao Jia/HOU/ECT@ECT
Subject: The newvatrfacs program and testing data

Hi, Tanya:
 Two versions of the newvatrfacs program: with (V2) and without (V1) weight
are listed in the location:

 /rms/prod/bin/tmp/V1 and /rms/prod/bin/tmp/V2 along with testing result for
the effdate = '20-OCT-2000'.

 The testing results of the factors for a given NG-cluster (a constant list:
clust.dat) are listed in
/rms/prod/bin/tmp.  (The files with name like s* are the results of a test
run without "weight", while the files with name like t* are the results of a
test run with "weight").

 All source codes are listed there, including the makefile and the
excuteables.  Should you find any problem with the program, please let me
know.

Jin


Bus passes for January are now available at the Parking and Transportation office on the third floor of the Enron Building, ECN 306.  These passes are offered on a monthly basis and are provided at no charge to the Enron employee. However, because these buses passes are fully subsidized they must be treated as "taxable" income. Excluding the first $65 of the bus pass, the remaining value is subject to taxation, collectively referred to as "imputed tax". See example below

Example: A $100 pass is chosen by an employee.

Subsidy for Bus Pass		$100.00
Exclusion amount			$  65.00

Taxable Income amount		$  35.00


Vince,
Just wanted to follow up on our conversation yesterday regarding Kin Tso.
Charlene actually called Kin yesterday to let him know that your group was
interested in him as a direct hire and would be contacting him this week.  As
we discussed, Kin was told that his quantitative skills were a much better
fit for your group instead of our rotating Associate program.  We let him
know that the Associate program would not be making him an offer but he is
being considered for a direct hire.  Kin was receptive and is looking forward
to hearing from you.  We will consider this issue closed from the Associate
and Analyst Program.  We hope that you might find a direct hire fit for him
in your area.  If you have any additional questions, please let me know.
Thanks so much.


Perspective on California and refunds.

GOVERNOR DAVIS COMMENTS ON FEDERAL ENERGY REGULATORY COMMISSION'S REPORT

The following is a transcript of Governor Gray Davis' remarks on the Federal
Energy Regulatory Commission's (FERC) report:

"My goal is to keep the lights on and to keep the price of electricity
affordable. That is more of a challenge than you might imagine in this
complicated deregulated world we find ourselves in. I believe we are making
a good start.

"Last year I was able to sign legislation that basically stabilized rates in
San Diego, and I supported hundreds of millions of dollars for renewable
power resources, like the photovotaic program you see behind us, to support
financially and also encourage voluntary support for conservation programs
up and down the state to reduce California's use of electricity by 10% when
we had a Stage Two alert and to encourage demand management programs by a
number of industries, including the technology and grocery industry that
reduce the demand on any given day.

"Having said all that, this market is dysfunctional. It is a very difficult
environment for deregulation to work. And I repeat again, deregulation can
work but only if all parties act responsibly and if the market is
competitive, which it is not.

"I was pleased to see that Secretary Richardson agrees with me that this
market is dysfunctional and I am also somewhat pleased by the initial
reports of the action that FERC took today. It is a mixed blessing. They do
recognize that we are operating in a dysfunctional market and they do agree
that the rates are not just or reasonable. However, they did not, as I
encouraged, order rebates to the consumers and businesses in San Diego who
were literally gouged and for the profiteering and market manipulation that
San Diego had to suffer through.

"FERC also decided to abolish the stakeholder boards at the ISO-independent
service operator, and the power exchange. FERC agrees with me that they are
self-serving and either contributed to or participated directly in market
manipulation. However, it is unclear what will replace those boards. The
good news is that they agree with our premise that the market is
dysfunctional, rates are unreasonable and unjust. The bad news is there is
no immediate remedy for ratepayers here in California.

"I believe the marketplace generally makes good decisions but I am not going
to be a prisoner of ideology. I do not want some knee jerk reactions to
drive our economy or our consumers to their knees. I have seen time and
again the most right wing conservatives in San Diego that say, 'please give
us money to bail us out from the increased prices that have descended upon
us.' So as I have long understood, economics drives politics and at the
moment we are shipping about $6 billion more out of this state for
electricity than we paid about 12 months ago. That has got to stop.

Question inaudible.

"It appears that the FERC said they are going to restructure it and this
again suggestes the complexity that we have to deal with. Once the state
deregulated distribution from power generation in 1996, the PUC basically
surrendered most of its control over the purchase and acquisition of
electricity for California and that control reverted to the Federal Energy
Regulatory Commission. As I read the initial reports from the FERC decision
today, they are saying the ISO and the power exchange are dominated by stake
holder members and they think that is ill advised, as do I. There will be
new boards established and we will tell you how they are established. So it
is unclear whether we have the authority to, independent of the FERC to
establish our own ISO and power exchange. My initial reading of the press
reports suggest that we may not. That is something that has to be cleared up
over the next several days.

Question inaudible.

"We have had a series of meetings over the past two months with all kinds of
stakeholders from turn to utilities to generators, other consumer groups
from San Diego and we are trying to forge a consensus which will indicate
the path that we will take. I am not at the point where I can tell you what
that consensus is. But we are making progress.

Question inaudible.

"That we are going to fight for consumers, that they should not bear the
full brunt of this experiment in deregulation. At best it was premature and
the market place was not prepared. The marketplace is dysfunctional, it is
not competitive. There is a far greater demand for electricity than we can
generate in this state. I want them to know that we are working night and
day to find a solution that will ensure that they are not the guinea pigs
for this ill-conceived scheme.

"I am pleased that FERC has recognized that the marketplace is
dysfunctional, recognized that rates are unjust and unreasonable. I am not
pleased that they have not offered any solutions. It looks like we are going
to have to wait until November 9th at the hearing in front of FERC at which
their full plan will be unveiled and there will be a chance to comment,
critique and modify and then thirty days after that the plan will be adopted
in full or in part. This is a very important meeting in which our
administration will be fully represented and I hope to be able to inform the
consumers of this state more fully at the conclusion of that meeting if not
before.

"I believe refunds are due and necessary. FERC and the Secretary of Energy
have concurred with my assessment that these rates are not just and
reasonable and I believe that FERC has the power to order refunds. It is
unclear whether they believe they have the power to do it or not. Congress
could settle

the question by simply passing legislation to ensure that. Over the long
haul, by that I mean 5 to 10 to 15 years, I believe deregulation can work
but only if we have a competitive marketplace and if all parties act
responsibly. As I told everyone involved in this process, some people may
win the battle but lose the war if they insist on gouging every consumer and
citizen of this state. The people of California will stand up; they will
rise up and take matters into their own hands. The problem with deregulation
lowering rates, is that we have not seen them and frankly none are on the
immediate horizon.

Question inaudible.

"Let me just say two things. I think there is plenty of blame to go around
but there is no question that the generators who happen to be out-of-state
companies are charging us 600 to 700% more for the very same electricity
that we purchased last year. You cannot add value to an electron. An
electron is an electron. They are simply taking advantage of an ill-advised
scheme envisioned in the 1996 act to charge what the market will bear. I am
standing up and saying no more. We are not going to take this lying down. We
are fighting back. The difficulty is that we do not have the power that we
used to have. The state surrendered a lot of that power when Governor Wilson
signed the deregulation bill. Actually carried by Jim Brulte and co authored
by Steve Peace, they were the two driving forces as they will be happy, well
maybe not so happy, to acknowledge. It may have seemed like a good idea in
1996 but I did not participate in that debate and I don't have a comment on
whether it was a good idea then. But clearly in the year 2000 it is not a
good idea. Again our problem is we can describe the problem and we have some
limited authority over the power the utilities have not yet sold off to the
generators which is about 35-40% of their facilities that they used to own
and we do not have control over the facilities they have sold off to the out
of state generators that purchased them. FERC has control over them and it
is unclear whether we even have control to establish our own ISO and our own
power exchange and if we did I would have them reconstituted. There is no
question about that. They are too self serving too inbred and too incestuous
and do not represent consumer interests. Plus you cannot hold anyone
accountable there is no one public official on any one of those boards. You
cannot hold anyone accountable and they determine largely what the price of
electricity is and how any shortages are allocated throughout the state. So
these are serious responsibilities given to these stakeholder boards and no
public official participates on those boards.

Question inaudible.

"You are more right than wrong. As the chief executive of this state I am
going to advocate what I believe is in the best interests of our consumers
and businesses. Electricity is the lifeblood of our economy. Without water
and electricity, consumers and businesses are just simply out of luck.
Whether or not this deregulatory scheme in 1996 made sense then is a
question not worth debating today. But it does not make sense today.
Unfortunately that plan adopted by our legislature and governor Wilson in
1996 surrendered control over generating facilities that the PUC used to
monitor and supervise. So it is unclear how much power is left to the state.
FERC seems to be suggesting

today, not much. Obviously as governor of this state I want to assert as
much authority as I possibly can because I know I will be held accountable
and obviously I would like the authority to go along with the responsibility
that is laid at my doorstep.

"I have one goal in mind: to do our level best to make sure that our lights
stay on and our economy has the benefit of the electricity it needs and the
prices are reasonable. What path we take to that matters less to me than
that we get to that result. Because that is the result that is necessary to
allow consumers to go about their lives and business to function and make a
profit and hire more people and to sustain our economic growth which in turn
provides the resources that allow us to finance the schools and protect the
environment and provide healthcare. Without electricity there is no economic
growth, without economic growth we do not have the resources to do justice
to our public obligations. Thank you for coming out here today.

# # #

Julee Malinowski-Ball
Legislative Analyst/Associate
CalETC/Edson+Modisette
916-552-707
Fax- 552-7075
CalETC@ix.netcom.com or jmball@ns.net


This document contains both the El Paso and TW information.  I'll bring you
the printouts of the relevant El Paso tariff provisions.


Here are the final comments to the CEC.  We signed on to them.
---------------------- Forwarded by Susan J Mara/SFO/EES on 10/04/99 09:43 AM
---------------------------

"Counihan, Rick" <rick.counihan@greenmountain.com> on 10/01/99 05:47:57 PM

To:	"'docket@energy.state.ca.us'" <docket@energy.state.ca.us>
cc:	"'Bayless, David'" <david.bayless@utility.com>, "'Blue, Greg'"
<gtbl@dynegy.com>, "'Boccignone, Doug'" <dabo@dynegy.com>, "'Bray, Peter'"
<peter.bray@pgees.com>, "'jennifer.chamberlin@pgees.com'"
<jennifer.chamberlin@pgees.com>, "'Ferguson, Rich'" <rich@ceert.org>, "'Goth,
Jay'" <jgoth@powersavers.com>, "'Kelly, Steve'" <steven@iepa.com>, "'King,
Chris'" <chris.king@utility.com>, "'Madden, Andrew'"
<andrew.madden@utility.com>, Susan J Mara/SFO/EES@EES, "'Ross, Bill'"
<billr@calpine.com>, "'Schmid, Elena'" <elenas@abag.ca.gov>, "'Thomas,
Aaron'" <athomas@newenergy.com>, "'White, John'" <vjw@ceert.org>, "'Wilson,
Jean'" <jean.wilson@pacificorp.com>

Subject:	Comments in Docket No. 98-REN-CCS

Dear Docket Office,

Attached electronically are the joint comments of ABAG Energy,
Commonwealth Energy, Dynegy, Enron Corp., GreenMountain.com, New Energy,
Inc., PacifiCorp, PG&E Energy Services, and Utility.com in the above
referenced docket.

Special thanks to Jean Wilson, Doug Boccignone and Andrew Madden for
their help and comments.

One hard copy is being sent by U.S. Mail.

Please call me if you have any questions.

Rick Counihan
GreenMountain.com Company
415/439-5310 tel
415/439-5320 fax
rick.counihan@greenmountain.com
;
 - Final Customer Credit Comments.doc


As I mentioned over the phone, the general provisions of your tariff should
be modified so that they apply to generator interconnection  (e.g., the
dispute resolution provision of the tariff currently only applies to
"Transmission Service" not interconnection service)  Although I haven't done
a detailed review of PGE's tariff I noted similar concerns about Sections 6,
7.3, and 11.  Also "transmission service" should be capitalized.

Some Other suggestions:

Preamble - Sentence three - delete: "[t]hese Interconnection Procedures do
not provide for transmission service on the Transmission System."  Insert:
"These Interconnection Procedures apply only to the receipt point portion of
Transmission Service on the Transmission System."

Sentence four - delete "of the Transmission System"  Parts II and III are
defined terms.

Section 2.2 - Under this provision, if the Interconnection Customer makes
changes to the information supporting its interconnection request that
"materially affect its interconnection" it can lose its place in the queue.
Given how much discretion this gives PGE, "materially affect" should be a
defined term or have a standard for its application.

Section 3.1: Revise the last sentence as follows "The Interconnection
Customer must execute, complete, and return  . . . "

Further PGE should add a provision indicating that if its merchant function
desires interconnection that it should have to follow the interconnection
procedures.

Section 3.4 This section should be amended to require that the short circuit
and stability study take into consideration higher queued projects.

Section 3.4(iii): Power flow studies are only necessary for transmission
service not just for interconnection.   Accordingly, Section (iii) should be
changed to have the information studied for the customer's information only
or to say that it is not related to the interconnection queue.

Section 4.1 - When does the customer's responsibility to respond to
higher-queued projects end?  Does this extend the 60-day period every time it
happens?

Section 4.4

In sentence two - Delete "Network Upgrade necessary to remove overloads and"

Work the following definitions into Section 4.4:
Interconnection Facilities means the local equipment necessary to connect the
plant to the point of interconnection including increasing the capacity of an
existing local transmission line(s) to loop the lines into the plant in the
case where the capacity of the line is less than the capacity of the
generating plant under good utility practice.
Network Upgrades mean modifications beyond Interconnection Facilities
required for safe and reliable connection of the generating plant to the
utility system.  They do not include transmission changes required to deliver
power beyond the point of interconnection.

In sentence three delete: modifications or additions to the Transmission
Provider's transmission lines and substations and add "Network Upgrades."

Proof-read and correct section numbers.

To: Mary Hain/HOU/ECT@ECT
cc: James D Steffes/NA/Enron@Enron, Jay_dudley@pgn.com
Subject: Re: Draft interconnection procedure

Comments:

2.3     Delete last sentence.  If Enron is already in the queue (or
considered in a queue) before a TP's interconnection procedures are filed at
FERC, we don't want to have to resubmit something within 15 days in order to
remain in the queue.  I don't think this is necessary and all are protected
because pre-existing requests will be posted on OASIS on the queue.

4.3   Enron has argued for 60 days consistent with the OATT times (lost
unfortunately).  It may look odd for PGE to ask for 90 days.  PGE is
protected because if it legitimately takes longer than 60 days, you send a
notification.

6    ((I realize that this language was included in CP&L, but recommend these
changes for PGE.)

 6.1  Add after "as modified by the Commission" "if Customer chooses to
commence construction."
6.2   Modify last sentence -- The Agreement will provide milestones toward
placing the generator in service that the Interconnection Customer must make
reasonable progress toward or it will lose its queue priority (after
notification and opportunity to remedy.)

Thanks.

Mary Hain
03/13/2001 12:10 PM
To: Christi Nicolay
cc: James D Steffes/NA/Enron@Enron, Jay_dudley@pgn.com

Subject: Draft interconnection procedure

Since EPMI doesn't have any PGE interconnection requests pending, Jay Dudley
agreed to allow us to review PGE's draft FERC interconnection filing.  As I
mentioned to you on Friday, PGE is trying to file this week so we have a
quick turn around time.  I'm going to try to read it today.
---------------------- Forwarded by Mary Hain/HOU/ECT on 03/13/2001 10:09 AM
---------------------------
From: JAY DUDLEY/ENRON@enronxgate on 03/12/2001 07:39 PM CST
To: Mary Hain/HOU/ECT@ECT
cc: Frank Afranji/ENRON@enronxgate, MICHELE FARRELL/ENRON@enronxgate
Subject: Draft interconnection procedure

Mary - here is a draft of what the PGE interconnection procedure will be.
As I said, much of this is from VEPCO and Carolina Power.

Michele is redrafting it to be compatible with our OATT.

Let me know your comments as we want to file with FERC this week.

Thanks.

Jay.


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[[T8P0-FY1Z-6VAIGQ-H]]


Rob,

Markets
My marks show how we believe the market would trade if the market were open today, considering neighboring markets, transmission/wheeling costs, and fuel costs.  More of a expected liquidation value vs. the current Ontario market players bids and offers.

The market on 3yr 7x24 is being shown by a broker: $46-$48, and on the wholesale side I doubt the bid is actually there, or if so it is only a piece deep (50MW).

As a result, I would show an actually two way of $43-$47.50 and be coming from the sell side to the industrial customers who may pay in the $46-$47 range.

Peak, my 3yr mark is $52, but given the often bullish nature of new markets, I would be a bid for this summer and then look to offer the 3yr in the low fifties.  Upcoming changes in the Ontario system (Nodal vs. Zonal pricing) would have an effect on these term deals.

Staffing and Services

Trading
On the trading side, I will need to rehire personnel for the roles we laid off (an analyst and a temp IT programmer for fundies development).  Analyst wise, I am interested in bringing Brian Loy back if he is still available.  He has a good knowledge of the NUG contracts and is a good fit for a trading desk.  As our need for providing IMO Energy and Operating Reserve Services (bidding for specific NUGS and Dispatchable Loads) grows, it may be a good idea to bring Heather Mcillmurray over from the settlements group.  I have had initial discussions with Richard Crouch, Paul Devries and Heather on this matter.

Origination
This is your area of expertise. I would suggest two originators and an analyst.  If Dan Dorland is staying, he could continue on the origination side providing education to our new origination team, and being the analyst to assist the OEFC-NUG point personnel (Brian Loy's previous role).

IT
Implementing the trading and VMS systems is a very important issue where timing will become an issue. I would suggest a short term (6mo) contract with Mike Marryott to manage the system's side of this process and to integrate with the Estate and NETCO on trading and settlements systems (specifically David Posten's VMS team).  His location should be in Toronto.

Let's get on these issues as soon as possible.

On specific personnel, I would have liked to have retained Jeff Borg and Chris Gaffney.

Office Space
Tembec, our neighbor on this floor, has often indicated that they are interested in some of our office space. If that interest remains, we could examine leasing all of the space passed the flat screens (the origination desk/pod, one conference room and storage area, not to include our server room).  This would leave us with space for up to 24 people, two conference rooms, & kitchen.  As an alternative, we could consider moving upstairs into the Enron Direct location.

Potential Conflict of Interest
I would suggest releasing employees that will not be part of Estate or UBS relatively soon.  Specifically, the group that is leaving here, but will be participating in the Ontario market.  UBS Ontario information and resources are proprietary and confidential.  If personnel are being kept on to wind-down specific activities, their access to UBS power & gas curves should be restricted.

As time becomes available, we should get together and discuss Ontario's business plan.

Thank you
Garrett

 -----Original Message-----
From: 	Milnthorp, Rob
Sent:	Wednesday, January 16, 2002 6:53 PM
To:	Tripp, Garrett
Subject:	RE: Ontario Update

Garrett, I take that these are your mids. Where would your 3yr two-way be?

 -----Original Message-----
From: 	Tripp, Garrett
Sent:	Monday, January 14, 2002 1:31 PM
To:	Devries, Paul
Cc:	Milnthorp, Rob
Subject:	Ontario Update

CAD	Peak		7x24
1yr	$50.00		$42.75
3yr	$52.00		$44.00
5yr	$52.50		$44.00


fyi.
---------------------- Forwarded by Kay Mann/Corp/Enron on 04/17/2001 11:03
AM ---------------------------

"Campbell, Carolyn" <CCampbell@KSLAW.com> on 04/17/2001 10:34:24 AM
To: "Lang, Gregory F." <gregorylang@paulhastings.com>, "'Staikos, John P.'"
<johnstaikos@paulhastings.com>, "'PARKER, Isabel'"
<isabel.parker@freshfields.com>, "VAN DUSEN, Nicholas"
<nicholas.vandusen@freshfields.com>
cc: "'kay.mann@enron.com'" <kay.mann@enron.com>, "'carlos.sole@enron.com'"
<carlos.sole@enron.com>, "Keffer, John" <JKeffer@KSLAW.com>

Subject: Certificates and Resolutions

Gentlemen:

We have enclosed drafts of the following documents:

1.  Resolutions of sole member of Salmon Energy LLC authorizing the turbine
acquisition and related documents;
2.  Incumbency Certificate of ENA for the escrow agent; and
3.  Incumbency Certificate of PPL for the escrow agent.

The resolutions authorize the turbine contract, the loan from PPL, and the
G/E consent and agreement.  I have also drafted resolutions to be dated the
day following closing to elect as directors the persons named in the Amended
and Restated LLC Agreement (need the names of these persons - three
designees of PPL and one designee of ENA) and to replace the officers of the
LLC with persons designated by PPL.  If the lender desires Salmon
resolutions authorizing a security agreement to be signed by Salmon, we
would recommend that the new Salmon board controlled by PPL sign resolutions
ratifying and approving the security agreement, rather than have ENA approve
a security agreement that it has not negotiated and is not familiar with.

From a timing standpoint, we need to focus on the documentation required to
set up the escrow account, as I understand that the escrow may be funded on
the same day as the financial closing, namely, Thursday, April 19.  Citibank
will need (I) the escrow agreement, (ii) an incumbency certificate from each
party to the escrow agreement, (iii) a W-9 signed by each non-corporate
party to the escrow agreement, and (iv) a signed fee agreement.  The
incumbency certificates are enclosed.  Please insert names and other
information as appropriate.  We need comments to the Escrow Agreement in as
soon as possible in order that we can provide these documents to Citibank
for approval.

Thank you.

Carolyn M. Campbell
King?& Spalding
713-276-7307 (phone)
713-751-3280 (fax)
ccampbell@kslaw.com <mailto:ccampbell@kslaw.com>

Enclosures: 137061v3
  140106v1
  140109v1

                    Confidentiality Notice
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disseminate this message or any part of it.  If you have received this
message in error, please notify the sender immediately by e-mail and delete
all copies of the message.

 - Salmon - Resolutions of LLC.DOC
 - Enron Incumbency Cert for Escrow.DOC
 - Pegasus Incumbency Certif for Escrow.DOC


NETWORK WORLD NEWSLETTER: DAVE KEARNS on
NOVELL NETWARE
01/24/02
Today's focus: Protect your NetWare

Dear Wincenty Kaminski,

In this issue:

* Introducing McAfee NetShield 4.6 for NetWare
* Links related to Novell NetWare
* Featured reader resource

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_______________________________________________________________
Today's focus: Protect your NetWare

By Dave Kearns

I've been telling you for some time how good NetWare 6 is. Most
major technical publications have also been telling you how
good NetWare 6 is. Even the occasional story in the mass media
has generally spoken well about NetWare (when the writer has a
vague understanding of networking technologies). What's been
lacking, though, is recognition by third party vendors and
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I was surprised to see, for example, that almost six months
after the release of NetWare 6 there are still no books in
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That's why it's so gratifying to see a new release of a
software package intended specifically for the NetWare 6
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a new version of its flagship NetShield product for the new
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Also new in this release is support for Novell Cluster
Services. That's important since each box of NetWare 6 includes
a license for a two-server cluster. You can view, select and
scan mounted cluster volumes with NetShield 4.6, which also
provides "survival support" whenever a cluster server is off-
line. McAfee's ePO works in conjunction with NetShield to
extend the technologies used for antivirus protection to more
generalized network management, including policy management and
software deployment.

NetShield 4.6 will run on NetWare 4.11 or higher - although
NetWare 6 specific functions, such as clustering support, won't
be available with earlier versions of the Novell operating
system.

McAfee products have always been at the forefront of virus
protection and at the forefront of NetWare-based applications
for many years. Now McAfee is at the forefront of NetWare 6-
specific applications. McAfee deserves your support and you
should, at least, take a look at its offering.

Correction: In the last NetWare newsletter, headlined "Learn
more about SecureLogin," the URL to Novell's Web Seminar
Conference Center should have been
http://www.placewareforum.com/novell/page.cfm?p=home

_______________________________________________________________
To contact Dave Kearns:

Dave Kearns is a writer and consultant in Silicon Valley. His
most recent book is "Peter Norton's Complete Guide to Networks,"
published by SAMS. Dave's company, Virtual Quill, provides
content services to network vendors: books, manuals, white
papers, lectures and seminars, marketing, technical marketing
and support documents. Virtual Quill provides "words to sell
by..." Find out more at http://www.vquill.com/ or by e-mail
at mailto:info@vquill.com
_______________________________________________________________
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_______________________________________________________________
RELATED EDITORIAL LINKS

McAfee NetShield for NetWare
http://www.mcafeeb2b.com/products/netshieldnw/default.asp

McAfee touts antivirus pack for NetWare 6.0
Network World, 01/07/02
http://www.nwfusion.com/news/2002/128752_01-07-2002.html

Breaking Novell and NetWare news, updated daily:
http://www.nwfusion.com/news/financial/novell.html

Archive of the Novell NetWare newsletter:
http://www.nwfusion.com/newsletters/netware/index.html
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------------------------
This message was sent to:  vkamins@enron.com


Rick, thought you might enjoy this alternative theory on the root cause of
Cal's problem.  Ray

---------------------- Forwarded by Ray Alvarez/TRANSREDES on 02/07/2001
09:39 AM ---------------------------

Steve Hopper
02/07/2001 08:47 AM

To: Ricky Lynn Waddell/SA/Enron@Enron, John Novak/SA/Enron@Enron, Laine A
Powell/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Peter E Weidler/NA/Enron@Enron,
Ray Alvarez/TRANSREDES@TRANSREDES, Doug Farmer/TRANSREDES@TRANSREDES
cc:

Subject: Dave Barry's thoughts on CA's electrical storage

Feb. 2, 2001, 8:06PM

The rest of us should tell California to go fly a kite

By DAVE BARRY

When we consider the serious electricity shortage in California, our
reaction, as concerned Americans, is: Ha ha!

No, seriously, we are alarmed. Because history teaches us that whatever
happens to California -- smog, road rage, tofu, coffee that is mainly air,
cell  phones, the belief that abdominal muscles are attractive, Shirley
MacLaine,  people taking in-line skating seriously, grandmothers sporting new
and  flagrantly inappropriate bosoms -- eventually happens to the rest of the
nation.  Thus it is vital that we analyze the California electricity shortage
and see if  we can develop a workable solution before we become bored and
change the  subject.

Our first question is: What, exactly, is electricity? When we look in our
Microsoft Encarta encyclopedia, we see that "electricity" is defined  as a
"class of physical phenomena resulting from the existence of charge  and from
the interaction of charges." What does this mean, in lay-person's  terms?

It means that whoever wrote the Microsoft Encarta encyclopedia is a big, fat
dope. Because we know from our junior-high-school science training that
electricity is actually a fast-moving herd of electrons, which are tiny
one-celled animals that can survive in almost any environment except inside
a  double-A battery, where they die within minutes.

Electrons are formed when clouds rub together and become excited. This was
proved in the famous experiment wherein Benjamin Franklin flew a kite during
a  thunderstorm and was almost killed. Encouraged by this success, Franklin
went on  to conduct many more electrical experiments, including rolling a
hoop in a  thunderstorm, playing hopscotch in a thunderstorm and doing
somersaults in a  thunderstorm.

Finally one night he was caught wearing only a bonnet and playing Mister
Pooter Rides the Pony in a thunderstorm, leaving the authorities with no
choice  but to arrest him and make him ambassador to France.  Nevertheless,
Franklin had proved an important scientific point, which is  that electricity
originates inside clouds. There it forms into lightning, which  is attracted
to the earth by golfers.

After entering the ground, the electricity hardens into coal, which, when
dug  up by power companies and burned in big ovens called "generators,"
turns back into electricity, which is sent in the form of "volts"  (also
known as "watts," or "rpm" for short) through special  wires with birds
sitting on them to consumers' homes, where it is transformed by  TV sets into
commercials for beer, which passes through the consumers and back  into the
ground, thus completing what is known as a "circuit."

But enough technical talk. The problem is that California is running out of
electricity. The situation is so bad that in some hospitals, they don't have
enough electricity to power those electric-shock paddles that get people's
hearts started again; instead, the doctors and nurses have to hold hands,
scuff  their feet across the carpet in unison, then shout "CLEAR!" as they
touch the patient's chest.

Who is responsible for California's electricity shortage? You could blame
the  power companies; or you could blame environmental wackos; or you could
blame the  entertainment industry, which uses more than 750 billion watts of
electricity  per day just to blow-dry the hair of the cast of Dawson's Creek;
or you  could blame (why not?) the Firestone tire company. But you would be
wrong.  Because obviously the real cause of the California electricity
shortage is:  college students.

I base this statement on widespread observation of my son, who is a college
student, and who personally consumes more electricity than Belgium. If my son
is  in a room, then every electrical device within 200 yards of that room --
every  light, computer, television, stereo, video game, microwave oven, etc.
-- will be  running. My son doesn't even have to turn the devices on; they
activate  themselves spontaneously in response to his presence.

Now take my son and multiply him by the number of college students in
California, which according to my research is (EDITOR: Please insert number
of  college students in California) and you see my point, which is (EDITOR:
Please  insert my point).

The question is: What can the rest of us do to help our fellow
countrypersons  in California? The answer is that we can send them our spare
electricity. Just  imagine what would happen if all the households in this
great and generous  nation got out their extension cords and connected them
together, forming a  giant electrical "chain of helping" across the fruited
plain to the  Golden State! Millions of people would be turned into generous
smoking lumps of  carbon, that's what. So maybe we should go with Plan B.
This involves building a  really, really, really big kite.

Knight-Ridder Tribune


http://www.eyeforenergy.com/newsletter/newsletter_300501.htm

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    Thursday, May 31, 2001 Issue 29   EDITORIAL  Today and Tomorrow-what Asia faces and what we've all learned from the past  As you probably know, the Eyeforenergy team is off to Mexico next week for our Latin American e-business in energy conference.  But to prove that our interests are global, our Insight article this week focuses on the state of the energy in Asia.  Like their colleagues in Latin America, Europe and North America, energy executives in Asia are facing a host of changes-e-business, regulatory changes, and the commercialization of alternative and micro energy sources.  All of these are examined in the article below, and it paints an interesting picture of the state of play in Asia today and what sort of challenges they face tomorrow.   In other news, the move towards online trading continues apace in the energy industry (unlike recent developments in most other industries) with announcements by Pantellos and Duke Energy North America.  Pantellos' move into the international arena with its procurement solution points towards the increasing use of online marketplaces in the energy supply chain (or at least a refusal to give up in the wake of Petrocosm's demise).      While Duke's announcement of their move to OpenLink's software points towards the increasing use of Internet technology on the commodity side of energy trading.   Either way, the energy sector seems to be one of the few bright spots in the wake of the dot com gloom. The energy industry's measured response and refusal to jump on the e-commerce bandwagon at the start seems to be proving dividends now.  Perhaps the rest of the new economy is learning what it seemed that the energy industry always knew-the Internet is just another tool (a useful one, but just a tool) and at the end of the day you still need to get the oil out of the ground and the electricity to the customers.         Q&A   Mirroring the Marketplace   Founded in late 1997, Excelergy Corporation, Lexington, Mass., a developer of software products and technologies for online energy marketplaces, is one of several companies providing products and services in this arena.  Recently, eyeforenergy contacted Jay Sherry, vice president of global marketing, to discuss hybrid business models and approaches and the issues that face those trying to implement them.  Hybrid approaches to conducting e-commerce transactions online are rapidly finding a home in the retail energy space.  Such approaches are not being implemented for altruistic reasons; instead, for some, it's become the means to survival.  Determining other uses for existing technological expertise... Click here for Full Story      FOCUS   E-procurement- is it so much more than buying and selling goods and services online?   E-procurement involves companies buying their supplies online. As B2B e-commerce has become the next big thing in the corporate world. The chief beneficiaries of this trend are a growing list of software vendors, like Ariba and WebMethods, which provide applications that enable electronic procurement and also create Web-based trading communities.  In recent years, many Internet commerce procurement application offerings have come to market addressing the automation and economics of the procurement process. Service companies have begun to implement e-procurement applications and consult around the entire e-procurement process. Outsourcers... Click here for Full Story     Fuel Cell and Microturbine Roundup   The energy wires have been humming this past week with word of new and exciting technologies from the world of distributed generation, fuel cells, microturbines, solar photovoltaic and wind. Word of increased rolling brownouts and power interruptions in the west and pressure from environmental groups concerned over co2 emissions are shining the light on renewable energy sources as the world gears up to make sure the stream of power continues unabated.  With the dot-com meltdown in full swing venture capitalists in search of the "next big thing," are casting their eye on the energy sector. If you listen carefully you will be able to hear the words of an old song drifting on the wind, "Welcome back my friends to the show that never ends, we're so... Click here for Full Story      INSIGHT   Energy Opportunities in the Asia Pacific Region   With e-commerce in the Asia sector poised to explode, reaching 28 percent of the world's total by 2005, it's small wonder that the region has a firm eye on energy. B2B Internet commerce in the Asia/Pacific region (including Japan) reached US 96.8 billion in 2000 or 22 percent of the worldwide total of US $433.3 billion.  The Asia Pacific region has enjoyed a rapid economic expansion in recent decades with a corresponding demand for electricity. This has placed a severe strain on the ability of individual economies in the area to expand their electricity infrastructure capacity rapidly enough to meet the surge in... Click here for Full Story      ADVERTISEMENT  [IMAGE] Landmark Graphics and Petroleum Place -- Accelerating Business Efficiency   Landmark Graphics and Petroleum Place Delivers Enormous Efficiencies within Acquisition and Divestiture. How? Through online delivery of data and evaluation tools within an APS environment to afford dramatic efficiencies for both sellers and buyers. Visit www.petroleumplace.com   [IMAGE]  NEW! GLOBAL ENERGY REPORTS Emerging Markets Online specializes in global energy reports. Dozens of new reports are now available, including Latin American Oil and Gas Report, Power Generation in Latin America, Iraq Oil and Gas Report, European Energy Liberalization, Gas and Power in India, and more.  The site includes news and a Global Energy Projects Database! Register now to view FREE executive summaries at http://www.emerging-markets.com/login/energyreports.asp   [IMAGE]  NEWS ROUND UP - WEEK IN REVIEW   Trade-Ranger Teams With Wellogix for Online Collaboration and Procurement   Trade-Ranger and Wellogix are teaming up to enable an online solution for collaboration and procurement of tailor made goods and services.  Tailor-made goods and services represent more than 60 percent of the buying and selling activity in the energy and petrochemical industries.  Trade-Ranger and Wellogix together are reportedly the first to provide Internet tools for this type of trading.  "Our customers have told us that Trade-Ranger... Click here for Full Story     PG?Offers Incentives to Lower Energy Use   PG?is using technology from Silicon Energy to address California's energy concerns with incentives for commercial and industrial customers to lower energy use during peak hours.  Silicon Energy, a provider of Internet-based Enterprise Energy Management technology, today announced that Pacific Gas and Electric Company (PG&E) has selected its EEM Suite(TM) energy technology software as the infrastructure for PG&E's new Inter-Act program. Inter-Act was designed to promote... Click here for Full Story     Step Right Up and Place Your Bets on Alternative Energy     For the past thirty years the United States has flirted with the development of alternative and renewable sources of energy such as wind, and solar power. For a nation in lock step with fossil fuels development of alternative energy sources is a tough road to follow and has been a stumbling black... Click here for Full Story     Pantellos Marketplace Offers Global Transaction Services   Gathersburg, Md. and The Woodlands, Tx, May 24, 2001----Pantellos, the online marketplace serving the utility and energy sectors, is offering global transaction services through GE Global eXchange Services.  These These services will help buyers and sellers exchange business documents through the marketplace in a variety of formats -- allowing Pantellos suppliers to leverage their existing investments in electronic data interchange (EDI) technology, while benefiting from relationships within the Pantellos... Click here for Full Story     Endur Enhances Duke's Commodity Trading Platform   Houston, May 24, 2001---Duke Energy North America (DENA) is scrapping its internal trading and risk management systems and leveraging OpenLink Energy's Endur, to enhance its energy commodities and emissions trading, risk management and accounting capabilities.  ``OpenLink will provide Duke Energy with the front-through-back-office solutions necessary to manage our energy trading, risk management and operational requirements,'' said Terry Aschbacher, DENA vice president of commercial technology. ``Replacing multiple internal systems with Endur will... Click here for Full Story     MyUtility to Offer "Single Portal" for Energy and Communications Products   May 24, 2001---My Utility has announced plans to launch a Website that allows small commercial and residential the opportunity to buy and manage energy and communications products from leading suppliers, through a single portal.  Expected to get underway this autumn. the initiative, developed by former energy journalist Paul Miosga, hopes to tap into a latent market of busy internet-literate consumers who want a good deal on their essential services but do not have time to shop around for the best price and like the convenience... Click here for Full Story     E-Commerce on Upswing In India     A joint study released Tuesday by the Confederation of Indian Industry and International Trade Center and WTO, reports that e-commerce activity in the country will likely reach rs 250 billion (US$ 5.3 billion) by 2005. The study also pointed out that Indian internet security applications market... Click here for Full Story     Latest News Now!       [IMAGE]     EDITORIAL [IMAGE] Today and Tomorrow-what Asia faces and what we've all learned from the past    ARTICLES [IMAGE] Mirroring the Marketplace [IMAGE] E-procurement- is it so much more than buying and selling goods and services online? [IMAGE] Fuel Cell and Microturbine Roundup [IMAGE] Energy Opportunities in the Asia Pacific Region    NEWS ROUND UP [IMAGE] Trade-Ranger Teams With Wellogix for Online Collaboration and Procurement  [IMAGE] PG?Offers Incentives to Lower Energy Use  [IMAGE] Step Right Up and Place Your Bets on Alternative Energy  [IMAGE] Pantellos Marketplace Offers Global Transaction Services  [IMAGE] Endur Enhances Duke's Commodity Trading Platform  [IMAGE] MyUtility to Offer "Single Portal" for Energy and Communications Products  [IMAGE] E-Commerce on Upswing In India     EVENTS [IMAGE]  Eyeforenergy, Latin America   [IMAGE]  Energy Exchanges Online II   [IMAGE]  Eyeforenergy, Asia      SUBSCRIBE   Please enter your email address below to subscribe to the EyeForEnergy newsletter. Thank you        UNSUBSCRIBE  To unsubscribe from the EyeForEnergy newsletter please enter your email below. Thank you       If you have any comments about this newsletter or you would like to suggest future topics or industry related news, please email  moconnell@eyeforenergy.com     [IMAGE]


======================================================
                from Gilder Publishing
                  THE FRIDAY LETTER
     e-mailed weekly, for friends and subscribers
======================================================
                  | www.gilder.com |

Issue 8.0/May 18, 2001

HEADLINES:
* In The American Spectator/George Gilder on "The Coming Boom"
* In Dynamic Silicon/Data MEMS
* Friday Feature/Charlie Burger's Eve of Disruption
* Poll Question/Adieu Lucent?
* Readings
* Conference Calendar
~~~~~~~~~~~~~~~
IN THE AMERICAN SPECTATOR/"The Coming Boom"

"In every era, the definitive abundance is revealed by the price of a key
factor of production, plummeting over a cliff of costs and releasing. Like
a giant river reaching a falls, the key resource releases a surge of
kinetic energy into the economy as the price drops. From horsepower to
kilowatt hours, the countries, companies and individuals that exploit the
ever-cheaper resource gain market share against all others, and end up
casting the character of the age.

"Over the last forty years, the key resource has been transistors and bits
of memory. The new era, however, will ride a new factor of production over
a new paradigm cliff: the price of communications bandwidth, falling
between two and ten times as fast as the fall in the price of transistors.

"The plummeting price of a key resource creates what my friend Andy
Kessler calls a low-pressure area in the economy. Low-pressure systems
pull in weather from elsewhere(storms. Conventional economists have long
favored equilibrium-economies that gravitate toward perfect balance, blue
skies and moderate weather. This remains the ideal of Eurosclerosis. In
entrepreneurial economies, however, low-pressure zones such as Silicon
Valley concentrate energy in spirals of growth, twisters of creative
destruction.

"Driving today's low-pressure economy is the rampant spread of the
Internet and its transformation through the power of fiber optics. The
Internet lowers the cost of transactions, of price information, and of
search, and facilitates the setting of prices. The Internet saves the key
scarcity of the new economy of abundance-time. Extending markets and
proliferating new products, it lowers the cost of capitalism and raises
the comparative price of socialist policy.

"The low-pressure economy drives prices down most dramatically in the
highest growth sectors such as technology-and these low prices reverberate
throughout the economy. Pondering the numbers, many economists will
continue to warn against inflation and call for tighter money, as they did
throughout much of the Great Depression. They will oppose tax rate
reductions in order to pay back debt or balance the budget, as Americans
did in the 1930s and the Japanese did during the 1990s.

"If the current administration and Federal Reserve follow those
well-trodden paths of failure, they will delay the tidal wave of new
growth. But they cannot stop it. The world economy is increasingly unified
and if the U.S. gives up leadership, other countries will move into the
low-pressure breach. Bad policy can drive American venture capital
overseas, just as bad policy in Japan and Europe shifted capital to the
U.S. over the last two decades. But the Telecosm will still prevail, and
investors who understand its dimensions will be able to spurn the
catastrophists and prosper from the largest opportunity in the history of
the world economy."

George Gilder

Excerpted from "The Coming Boom," in The American Spectator, May 2001.
Read the full story at www.gilder.com. And subscribe online-50% off the
annual cover price.
~~~~~~~~
IN THE MAY 2001 DYNAMIC SILICON/MEMS Meet Data Storage

"Two forces encourage the development of MEMS-based data storage:
proliferating portable devices and the superparamagnetic limit. Small
devices need cheap, rugged, capacious data storage. Hard disks are within
a few generations of reaching the superparamagnetic limit, where bit sizes
are too small to remember their data (thermal noise randomizes the bits).
The search has begun for alternatives to longitudinal magnetic recording."

The May issue of Dynamic Silicon, by Nick Tredennick and Brion Shimamoto,
posts Monday May 21. Subscribe now or log in at www.dynamicsilicon.com.
~~~~~~~~~~~~~~~~~~
FRIDAY FEATURE/Eve of Disruption?

The GTR's irrepressible optics analyst Charlie Burger writes:

Somewhere over the rainbow, in a motley lab infested with neoteric lenses
and microscopic mirrors, two optical gurus ply their genius toward the
ultimate WDM multiplexer. Avanex is in their crosshairs, IPO on their
minds. Then a VC slips up, a long-winded, eccentric professor drops the
wrong hint, and suddenly they're on our radar and splashed all over the
next GTR. Disruption!

Those mythic geeks-and merely mythic they are-have another hideout: in the
psyches of anyone invested in (or thinking about) Avanex and other
Telecosm companies. Indeed, if my story were true, how could we know?
Techno-pundits point to disrupters here, there, and everywhere-they're
swarming out of the telecosmic woodwork into the fibers of your portfolio.
MEMS, photonic switches, tunable lasers, holey fiber, optical integrated
circuits, silicon optical amplifiers-all have been portentously declared
'disruptive' at one time or another. And then heads turn. Wallets open.
It's the flavor of the month.

Then again, the true disrupters may already have surfaced-and just haven't
yet been identified. How do we know if a technology disrupts or sustains?
Can you determine if an industry or industry segment is in "overshoot" or
"undershoot"? How long will it take for a disruptive (or sustaining)
technology to overtake the old ways? Is the last one in a rotten egg, or
is it first in, first out? Well, it depends. Will today's paradigmatic
technology be paradigmatic tomorrow?

Avanex and its closest rival, Chorum Technologies ("co-conspirators,"
really, since Chorum legitimizes the Avanex vision and helps create a much
larger market), get new competitors daily. Arroyo Optics, Optoplex,
Southampton Photonics, Wavesplitter, Oplink, JDSU, New Focus, all boasting
new ways to combine and separate colors of light onto a fiber-optic
thread. I've undoubtedly missed a few others. And still more companies
claim all-optical add/drop multiplexers, another key WDM component.

So should you be sweating over Avanex? Based on our ongoing analysis of
multiplexing technologies, I'd say no. But if you're determined to sweat
it anyway-or to sweat any other Telecosm company or technology-here's a
favor you can do yourself. Visit our old friend and former colleague
Clayton Christensen's web site, www.innosight.com Download his new report,
"After the Gold Rush: Patterns of Success and Failure on the Internet."
It's a lot more than a dot-com post-mortem-more an update to his
bestselling book, "The Innovator's Dilemma" (which you've read twice over,
right?). "After the Gold Rush" gives you what you need to become the Dick
Tracy of disruptive optics or disruptive whatever-else. And put an end to
flippant disruptionism.

P.S. Is the Internet a disruptive or sustaining technology? Think hard and
take a stab at the answer. Then read the first page of Gold Rush and find
out why you're wrong.
~~~~~~~~~~~~~~~~
THIS JUST IN/Gilder.com Poll Results 11-18 May 2001

Question: Will Lucent survive as an independent company?

54% Yes!
46% No!.

(Oh, no! LU in Alcatel's Sights:
http://www.nytimes.com/2001/05/18/business/18LUCE.html)

Up next: Are we in a Tech Slump, Business-cycle slump, or policy slump?
Weigh in at www.gilder.com.
~~~~~~~~~~~~~~~

UNDO: The correct name of David Gelernter's software company is Mirror
Worlds Technologies. For information about its revolutionary new software
visit www.scopeware.com.

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READINGS

Down With WAP
http://www.internetworld.com/news/archive/05152001c.jsp

AMAT:A $30 Million Household Word?
http://interactive.wsj.com/archive/retrieve.cgi?id=SB989792692400320094.djm&template=pasted-2001-05-14.tmpl

(subscription required)

Intel's Internet On a Chip
http://news.cnet.com/news/0-1006-200-5952785.html

P2P: Disrupting Disruption
http://www.internetworld.com/051501/05.15.01webobservatory.jsp

TI: Mixed Signals
http://www.forbes.com/forbes/2001/0528/080.html
(registration required)

The Long & Winding Road to IPv6
http://interactive.wsj.com/archive/retrieve.cgi?id=SB98979192937941302.djm&template=pasted-2001-05-14.tmpl

(subscription required)

Pro Forma and Other Fantasies
http://www.businessweek.com/magazine/content/01_20/b3732001.htm

Photonic Computing?
http://www.sciencedaily.com/releases/2001/05/010515075526.htm

Not Dead Yet: Web Advertizing
http://www.ecompany.com/articles/mag/0,1640,11620,00.html

Nerds for Telecosm
http://slashdot.org/article.pl?sid=01/05/15/1448225&mode=thread

There You Go Again
http://dailynews.yahoo.com/h/ap/20010511/tc/microsoft_bundling_1.html

Real Relief: Art Laffer, Lawrence Kudlow and Stephen Moore on the cap
gains avoidance
http://interactive.wsj.com/archive/retrieve.cgi?id=SB989801520550572292.djm&template=pasted-2001-05-14.tmpl

Lemelson: The Anti-Edison?
http://www.fortune.com/indexw.jhtml?channel=artcol.jhtml&doc_id=202216

Waves Beat Warming
http://www.nytimes.com/2001/05/15/science/15WHIT.html?searchpv=site03
(registration required)

Art-ificial
http://www.wired.com/news/culture/0,1284,43685,00.html
http://www.kurzweilcyberart.com/
http://www.kurzweilai.net/index.html
http://poet.kurzweilcyberart.com/poetry/rkcp_overview.php3

Thanks For All the Fish
http://news.bbc.co.uk/hi/english/uk/newsid_1326000/1326657.stm

=-=-=-=-=-=-=-=-=-=-==-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-
GET THE GILDER TECHNOLOGY REPORT
Monthly, From the Heart of the Telecosm
http://www.gildertech.com
~~~~~~~~~~~~~~~~
GET NEW ECONOMY WATCH
Reshaping the Competitive Landscape
http://www.neweconomywatch.com
~~~~~~~~~~~~~~~~
GET THE DIGITAL POWER REPORT
Electrons Matter
http://www.digitalpowerreport.com
~~~~~~~~~~~~~~~~
GET DYNAMIC SILICON
Linking the Microcosm and the Telecosm
http://www.dynamicsilicon.com
~~~~~~~~~~~~~~~~
GET THE AMERICAN SPECTATOR
Online special--50% off cover price!
http://www.gilder.com/AmSpecSub.asp
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GILDER CONFERENCE CALENDAR

September 12-14, Telecosm V, Squaw Creek Resort, Lake Tahoe CA. The one
and only. Produced by Forbes Inc and Gilder Publishing. Details and
registration at http://www.forbes.com/conf/telecosm/agenda1.shtml

October 22-24, Powercosm 2001, Featuring Peter Huber and Mark Mills, The
Fairmont Hotel, San Francisco, CA Digital Power in the Silicon Age.
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Lou--could you cover the Derrick meeting on the 12th if Dot is stuck on a
hanging jury?    Again, I expect to be on the phone from Cal., but would like
one of you guys on also in Houston in case of telecom screwups (which follow
me whereever I go).  Thanks.  df

From: Dorothy McCoppin/ENRON@enronXgate on 03/30/2001 09:35 AM
To: Drew Fossum/ET&S/Enron@ENRON, Louis Soldano/ENRON@enronXgate
cc: Emily Sellers/ENRON@enronXgate

Subject: RE: Mon morning pre-ETS staff meetings

 Drew-

 Staff meeting on Monday the 9th -- no problem.  I would be glad to cover the
Derrick meeting on April 12; however,
 I have jury duty that day (yuck)!

 --Dot

 -----Original Message-----
From:  Fossum, Drew
Sent: Friday, March 30, 2001 8:40 AM
To: McCoppin, Dorothy; Soldano, Louis
Cc: Sellers, Emily
Subject: Re: Mon morning pre-ETS staff meetings

Yes, lets continue to have the pre-meetings formerly known as Mike's every
Mon. at 8:30 (pls put on my calendar Emily).
I'll be in Houston this Monday so just come to my office at 8:30 if you are
both here.  Dot, pls cover the staff meeting on
Monday, April 9 as I'll be on vacation.  Also, pls cover the Derrick large GC
meeting at 9:00 am on April 12 as I'll be at NN's Keyex meeting in Cal.  (I
may be able to call in to this but would like you to cover anyway in case
something goes haywire). Thanks df

From: Dorothy McCoppin/ENRON@enronXgate on 03/29/2001 04:39 PM
To: Emily Sellers/ENRON@enronXgate
cc: Drew Fossum/ET&S/Enron@ENRON

Subject: Mon morning pre-ETS staff meetings

 If Mike has "checked out", will he then not be here on Monday at 8:30 for
pre-Stan meeting, or what?  Should I just
 call Drew?   When?


This project was presented to Stan Horton, NBP and EOT this morning and we
received the go ahead by Stan to submit a non-binding offer in on Monday.
The major change that occurred was that EOTT, not NBP, will submit the
offer.  Basically two reasons account for this change; 1) NBP expressed
concerns about this new business and their limited knowledge related to the
commercial and environmental issues and 2) when petrochemicals was pulled out
the size of the deal became managable to EOTT's balance sheet.  We will now
be in the process of marking our changes to the purchase and sale agreement
with plans to submit it and our indication of value on Monday.
 If the offer we submit is acceptable , we will enter into the next phase
(along with at least one other buyer) and should be provided the information
needed to finalize our bid and contract by March 15.  I'm hoping that we have
access to the information we have been requesting.  As we enter into this
next phase and given EOTT's new role ( as a Buyer versus providing commercial
support), I'm expecting that personnel from EOTT will be involved in their
areas of expertise and will be requesting your assistances in coming up to
speed in a hurry.  I know that Northern Border has appreciated the effort put
in to date and I know I have.  I hope we pass the next hurdle and get asked
in next week .
 I just wanted to keep you informed and express my appreciation for your
efforts.
  dwight


Just a friendly reminder.... timesheets are due on Monday 4/30.  Please let
me know your exception time for pay period April 16-30.

Thanks!

Holly Keiser
Enron Americas
Legal Department - EB 3887
713-345-7893 (ph)
713-646-3490 (fx)
Holly.Keiser@enron.com


According to my numbers, I show we have taken 67,560 out of storage through
today.  And we are taking out 12,995 (2599 x 5 days) from the 27th - 31st.
Could you double check my numbers please?

Thanks


FYI
---------------------- Forwarded by Shubh Shrivastava/ENRON_DEVELOPMENT on
04/15/2001 01:03 PM ---------------------------

Shubh Shrivastava
04/15/2001 02:13 PM
To: Clay Harris/ENRON_DEVELOPMENT, Wayne Perry/ENRON_DEVELOPMENT, Daniel R
Rogers/ENRON_DEVELOPMENT, Bruce Lundstrom/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Wade Cline/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Neil
McGregor/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Robert
Mathis/ENRON_DEVELOPMENT, Anshuman Srivastav/ENRON_DEVELOPMENT

Subject: Letters to LNG Suppliers & Greenfield Shipping

All,

Please note that the attached letters to Oman LNG, Adgas & Greenfield
Shipping have been faxed this afternoon (India time).  Scanned copies of the
same would be forwarded tomorrow.

Shubh


Enron is in the process of re-negotiating our contract with Dow Jones
Interactive and we need to know if you are currently
accessing this data.  In the near future there will be a cost associated with
this information and you are currently listed as
having a license.

Please click on the below link and let us know if you need continued access
to this service.

http://nahou-webcl1.corp.enron.com/inquisite/DJI/DJI.html

Thank You,
Market Data


Ladies, I tried to get us a reservation at Ceili's but they don't take
reservations on Thursday and Friday nights because their happy hour fall on
those nights (first come first served attitude).

So, here's the dilemma, do we risk it and just head over to Ceili's and take
our chances we will get in or would you like to try and go somewhere around
Canterra (such as Brewsters, Fionn MacCools, Red Devil, etc.).  Let me know
your preference.

Nella

PS: We should try and be at any of these places by 5:00 at the latest in the
hopes that we can get in.  (It's times like these when you wished you worked
until 4:00 or 4:30 like the rest of the world.)


I have an appointment at 1:00 today and should be back to the office sometime
between 2 - 2:30.

Thanks,
Stephanie


how about anytime between 2 and 3 Houston time.  If not, I could also do
1130.  Let me know


Look!  Foti's computer also confuses the Evil and Good Steves!  DF
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 04/10/2000
12:16 PM ---------------------------

Steven Harris
04/10/2000 10:42 AM
To: Drew Fossum/ET&S/Enron@ENRON
cc:

Subject: ECS and the $500k reduction

FYI
---------------------- Forwarded by Steven Harris/ET&S/Enron on 04/10/2000
10:41 AM ---------------------------

Steve Harris@ECT
04/04/2000 05:50 PM
To: Steven Harris/ET&S/Enron@ENRON
cc: David Foti/ET&S/Enron@ENRON

Subject: ECS and the $500k reduction

I believe this is for you.

Regards,
Steve
---------------------- Forwarded by Steve Harris/HOU/ECT on 04/04/2000 05:49
PM ---------------------------

David Foti@ENRON
04/04/2000 05:45 PM
To: Rod Hayslett/FGT/Enron@ENRON, Steve Harris/HOU/ECT@ECT, James
Centilli/ET&S/Enron@ENRON
cc:
Subject: ECS and the $500k reduction

Rod, Steve, & James:

In rough terms, this is what I understand ECS' logic to be -

The $3.35 per KW for transmission demand charge was assumed not to be
avoidable and have a 5000 KW minimum when ET&S and ECS agreed on the $2.8MM
one time payment.
ECS says that they have negotiated to make the transmission demand charge
avoidable with no minimum.
$3.35 * 10,000HP / 1.341 = $25k
$25k discounted 10 years = $1.9MM
25% of 1.9MM = approx. $500k
Original one time payment = $2.8MM less $0.5MM = $2.3MM (the new payment ECS
wants to give ET&S)

ECS contends that Fastuca agreed to a 25% sharing of benefits received from
the avoidable demand.  My recollection is that the 25% was used as a
benchmark to estimate ECS' fee but was never established as a firm rule.

ECS is supposed to provide us with their own written explanation for the
$500k reduction.  They are also supposed to send us the "re-negotiated" rate
schedule 21 that shows the transmission demand charge becoming avoidable.

In any event, whether it is reasonable or not that ECS is due the $500k, it
is reasonable to expect that ET&S would have been notified of this change in
a more timely manner.

Dave Foti
x.31978


A scathing AP article against Governor Davis concerning his inaction with the
California crisis. Davis is facing two issues. Sign the current rollback bill
that is going through the legislature and upset the energy industry, or veto
the bill and have many voters upset at him. Governor Davis is aware of the
upcoming elections for members in his party, as well as the 2002 governor
election and knows that his decision may cost himself and other members of
his party election wins. Also, there is now talks that during August 21st PUC
meeting the governor will suggest rate rollback for San Diego  to July 1998
rates. This is a complete 180 degree turn from his August 3rd PUC meeting
where he said he would steer clear of rate rollbacks or freezes and push for
only a rebate.

Attached is a personal interest type story providing the general publics view
of the whole California power situation.


Let me know if you need anything else.

Robin

Susan D Trevino
11/01/2000 10:17 AM
To: Robin Rodrigue/HOU/ECT@ECT
cc: Chris Abel/HOU/ECT@ECT, Burton McIntyre/HOU/ECT@ECT
Subject: Blank Book Request Form

Per our conversation, please send me a completed book request for the
NG-PRICE-BAS book.  Call me if you have any questions.

Thank you,
Susan
x3-1462


You will be migrated to outlook on Monday night 5/14/01.  You will be
receiving a series of four emails between now and then, please open and read.

Let me know if you have any questions.

Thanks
-Ina Rangel


Please forward to others who need this information.

As you know, Enron's been involved with a group of business customers, small
customers, labor and enviros trying to hammer out a core/noncore proposal
that would act as a key modification to Edison's MOU with the Governor.

Today, the Assembly leadership released a bill (AB 82XX) that modifies the
MOU but does not follow the core/noncore proposal negotiated by the group.
The bill just came out, is about 80 pages long, and thorough analysis has not
yet been completed.  The URL for the bill is attached.  Based on a meeting
attended this morning in Sacramento,the key features of the bill( which is
attached) are:

Direct Access suspended until 1.1.2003 (suspension presumably effective on
the effective date of the bill)
Transmission sale at 2X book.
Approximately 90% (or greater) of Edison's undercollection absorbed by
customers 20KW and above.
Create a Trust to address the money owed to the generators and offer the
generators 70 cents on the dollar (but does not do away with the suits,
investigations, etc.)
The bill is completely silent regarding who will pay for the DWR contracts
and what the payment structure will look like.

Reaction and Timetable
Very chaotic, with considerable uncertainty about where (if anywhere) the
bill will go, leaving many to believe that bankruptcy remains a strong
possibility.
Business customers (and of course Enron) are strongly opposed
Republicans are strongly opposed
Labor has big problems with the Tx sale unless they get assurances that TX
labor jobs are guaranteed, which is not yet included in the bill
We are working with business to remove the Direct Access suspension
We are also working on the Senate side to attempt to get the Senate to
include Direct Access in their version of the modified MOU, but the Senate
has been more hostile than the Assembly to Direct Access.
Senate Democrats still intend to run a bill that delinks payment of the bonds
to repay General Fund for power already purchased from the DWR contracts.
AB82XX does not address this issue.
Senate Democrats also intend to craft their own version of a "modified MOU."
Word is that the Senate will release their bond language and their "modified"
MOU this weekend or early next week.
The Assembly will hold an "informational" hearing on the bill tomorrow
(Saturday) to get members up to speed
The Assembly will have a committee hearing and vote on the bill on Monday,
with the intent of sending the bill to the full Assembly for a vote on
Tuesday.
The Legsilature is supposed to have a month-long recess beginning Friday,
July 20th, which requires that both the budget and the energy issue get
resolved by then, or suspend the recess and continue working

Will continue to provide updates as events unfold. If folks have additional
comments on the bill, please direct them to Harry Kingerski and Leslie
Lawner, who will ensure that they get into the hands of our lobbyists in
Sacramento.

If there are any questions, my pager is 888.916.7184.

Best,
Jeff
 - abx2_82_bill_20010712_intro.pdf


Alex:

The documents look fine.  I am having the waiver reviewed by our bankruptcy attorney and I have not yet received a response.  The signature blocks will change.  The U.S. Enron Entities will require a V.P. signature.  The U.K. entity has two directors. I'll touch base with you in the morning.  Thanks for your help.

Sara Shackleton
Enron Wholesale Services
1400 Smith Street, EB3801a
Houston, TX  77002
Ph:  (713) 853-5620
Fax: (713) 646-3490


Following please find the Daily EnronOnline Executive Summary.

EnronOnline Executive Summary for 12/06/00
Transaction Summary
External Transactions Today	4,539
Average Daily External Transactions (30 day Trailing Avg)	4,247
Total Life to Date Transactions	503,940

EnronOnline Daily % of Entity's Total Transactions for 12/06/00	Trans	Percent
Enron North America	3,763	76%
Enron Europe Limited	167	34%
Global Products	230	32%
Enron Metals	379	17%

EnronOnline Percentage of Total Corporate Transactions
(30 day Trailing Avg)	54%

Gross Notional Value of EnronOnline Transactions	Total
Today	4,953 566,275
MTD	21,828,978,752
LTD	300,999,395,797
Average Daily Notional Value (30 Day Trailing Avg)	3,307,117,284

Notional Revenue from Physical Flows to Date	19,634,492,010

Counterparties, Users, and Products Offered
Counterparties having transacted to date	596
New Counterparties transacting for the first time today	1
Number of Products Offered Today	1,046
Total Number of External Users Logged on Today	3,300
Average # of External Users logged on (30 day Trailing Avg)	2,929


The ClickAtHome Database shows that you have placed an order with Dell Computer with an order number of 691503197. Please read below for instructions:

1.  If this is correct, enjoy your computer!
    You can check your order status by clicking here:
      http://wwwapp.us.dell.com/us/en/ordstat/index.asp

      ** For questions about your order/changes/problems,
         call 1-866-220-3355 **

2.  If you did NOT place an order with Dell for the ClickAtHome program,
    please email enron@avenueb2e.com or call 713-895-9001 to report
    the incorrect order on your behalf.

3.  DELL OFFERS A 30 DAY NO QUESTIONS ASKED RETURN POLICY.
    THE 30 DAYS BEGINS FROM THE DAY YOUR PC IS SHIPPED FROM DELL.
    YOU WILL NOT BE ABLE TO RETURN YOUR PC AFTER THE 30 DAY PERIOD HAS PASSED.
    IF FOR ANY REASON, YOU BELIEVE YOU MAY NEED TO RETURN YOUR PC
    (INCLUDE FOR REPAIR OR SERVICE ISSUES), YOU MUST CALL DELL AT
    1-866-220-3355 BEFORE THE END OF THE 30 DAY PERIOD AND RECEIVE
    A RETURN AUTHORIZATION NUMBER. YOU MUST HAVE THIS NUMBER
    BEFORE THE END OF THE 30 DAYS.

Thank you!

ClickAtHome Team!


Dale - better check your address book - this one went to the other Mark
Taylor.
----- Forwarded by Mark Taylor/HOU/ECT on 10/26/2000 09:11 AM -----

	Mark A Taylor@EES
	10/26/2000 06:48 AM

		 To: Mark Taylor/HOU/ECT@ECT
		 cc:
		 Subject: New Product Type - Approval Requested

Yours?
---------------------- Forwarded by Mark A Taylor/EFS/EES on 10/26/2000 07:46
AM ---------------------------

Dale Neuner@ECT
10/24/2000 12:38 PM
To: Mark A Taylor/EFS/EES@EES, Tony Pryor/ET&S/Enron@ENRON, Matthew
Adams/Corp/Enron@ENRON, Rudi Zipter/HOU/ECT@ECT, Rick Dietz/ET&S/Enron@ENRON,
Jo Williams/ET&S/Enron@ENRON, Jeff Blumenthal/HOU/ECT@ECT, Stephen H
Douglas/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT, Bradley Diebner/HOU/ECT@ECT
cc: David Forster/Corp/Enron@Enron, Jason Althaus/Corp/Enron@Enron, Naveed
Ahmed/NA/Enron@Enron
Subject: New Product Type - Approval Requested

Please offer your apprval to the following Product Type:

US Pipeline Capacity  NNG (Firm)

The related Products are capacity products being offered by Nothern Natural
Gas Company. As there are regulatory issues concerning the viewing of
proprietary information by the market affiliates of NNG, chinese walls are in
place through the operation of policy.

You may notice that there is no Sigma Factor associated with this Product.
The SF has purposely been set to zero, as the Credit area of NNG will be
responsible for the daily review of exposure to their Counterparties, and
will coordinate any Credit issues with the Credit area of ENA.

Attached please find an example of a related Product Type.

I need to ask that you expedite this approval. In order to have the Product
Type available for this coming Monday I must have the full approval by no
later than this Wednesday (tomorrow) at Noon.

If you have any question, please feel free to call.

Dale
3-9746


-----Original Message-----
From: 	Johnson, Adam
Sent:	Wednesday, August 15, 2001 9:34 AM
To:	Bridges, Michael; Denny, Jennifer; Guadarrama, Michael; Heuertz, Kelly; Hillis, Kimberly; Kitchen, Louise; McDonald, Dawn; Moorer, Torrey; Palmer, Mark S. (ENW); Puthigai, Savita; Richter, Brad; Rosado, Jennifer; Schoppe, Tammie; Shults, Bob; Spiller, Tina; Sweitzer, Tara; Webb, Jay; Whalley, Greg; Zipper, Andy
Subject:	Dynegy-ICE VOL Aug14

Note:  The ICE Physical Gas volume of 313,581,000 MMBtu's includes 11  "custom"  deals
that  totals over 289,000,000 MMBtu's .  For more information, see the attached ICE Custom Deals document.

Let me know if you have any questions or comments.

Adam Johnson
EnronOnline
713-345-4877

<Embedded Picture (Metafile)>


In approximately one month (9/9/2000), we are targeting that a new version of
the Oracle NT client (8.1.6), Borland Database Engine (BDE) 5.1.1 and
Microsoft Data Access Components (MDAC) 2.5. to all Corp/ENA workstations.
This software provides the connectivity from your workstation to Enron's
Oracle databases and the applications supported by them.  We are currently in
the process of testing all the applications managed by Corp/ENA Information
Technology to ensure that they will be compliant with this new software.

This change may also effect your own developed MS-Access, MS-Excel
spreadsheets, and/or MS-Query documents that retrieve data from Enron's
Oracle databases via ODBC drivers. As part of the upgrade, all Oracle ODBC
connections will be upgraded to compliant driver versions.

If you would like to test your MS-Access databases and/or MS-Excel
spreadsheets under the new software releases, please use one of the
workstations at one of the following locations for your testing:

General users
EB2230D
EB2778B
EB0504P
EB4857

Traders and developers only please
EB2904E
EB3067
EB3138B

You may contact your floor support representative for any testing assistance.


I took the liberty of reformatting it to better fit the page.  See if you
like it as revised.

Lorraine Lindberg
06/13/2000 05:38 PM
To: Kevin Hyatt, Jeffery Fawcett/ET&S/Enron@ENRON, TK
Lohman/ET&S/Enron@ENRON, Michele Lokay/ET&S/Enron@Enron, Christine
Stokes/ET&S/Enron@ENRON
cc: Steven Harris/ET&S/Enron@ENRON

Subject: Account Assignment List

Attached is the revised customer account list for the long term marketers.
Michelle, Christine, Jeff and I took a first shot at re-distributing accounts
to incorporate Michelle.  If anyone has any questions please let me know.


---------------------- Forwarded by Todd Peterson/ENRON_DEVELOPMENT on
03/06/2001 01:52 PM ---------------------------

Nancy Corbet
09/07/2000 01:42 PM
To: Greg Curran/CA/Enron@Enron
cc: Todd Peterson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Coralina
Rivera/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: Sent to Efrain yesterday afternoon

Greg, attached is the response from Cabot after Eco tendered the draft COU.
Cabot stated that they disagreed that Article 6.4 (a) of the LNG Sales
Contract requires Cabot to sign a COU . Nevertheless Cabot stated in the
final paragraph that they are willing to enter into an agreement with Eco
covering all or some of the matters proposed in the conditions of use. In the
last two sentences they stated that they were reviewing the COU but that
agreement clearly could not be reached by the July 10th delivery date.  (We
at Enron recognize that the COU may require negotiation on some points and we
are ready and eager to get the negotiations going. )

 Todd will fax you copies of the 2 letters from him to Cabot regarding the
July 10th and August 14th deliveries and other correspondence between himself
and Cabot. Basically in the 2 letters referenced above we stated that despite
our attempts to schedule a meeting and complete the COU , this had not been
achieved and while we appreciated that the Cabot merger was in process we
considered  this matter urgent. We stated our position that the LNG Agreement
provided for such execution and that acceptance of a ship at the terminal did
not represent a waiver of any of our rights pursuant to that agreement. We
again requested that Cabot attend to this matter prior to the next shipment.

Should Cabot bring up the issue of whether COUs are industry practice, you
may want to raise the fact that this facility is different from others in the
US which are FERC regulated and have tariffs which address some of the issues
raised in the COU. ( In other parts of the world where there is no "FERC" ,
COUs are common industry practice. )Since Cabot has agreed to sit down with
us I would not recommend a debate on the legal/contractual requirements per
se. Threatening them with breach of contract or telling them they cannot
deliver is not a practical or commercial solution .

  Our concern now is that having had 2 ships deliver without having a COU in
place and now likely a third next week, we may be weakening our position that
we have not waived any legal rights .

My understanding is that Rick wants a commitment to get this done -
regardless of the current Cabot / Tractobel situation . I will e-mail you
again the draft COU and also a comparison of our legal position with /without
the COU for your general information.
---------------------- Forwarded by Nancy Corbet/ENRON_DEVELOPMENT on
09/07/2000 01:09 PM ---------------------------

Todd Peterson
07/07/2000 10:30 AM
To: Daniel R Rogers/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Nancy
Corbet/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, masseye@arentfox.com
cc:

Subject: Sent to Efrain yesterday afternoon

Here is a copy of Cabots respone to the COU and a few other things.

TP
---------------------- Forwarded by Todd Peterson/ENRON_DEVELOPMENT on
07/07/2000 10:25 AM ---------------------------

"Jane Michalek" <jmichalek@cabotlng.com> on 07/07/2000 04:50:29 AM
To: Todd.Peterson@enron.com
cc:

Subject: Sent to Efrain yesterday afternoon

FYI

(See attached file: letter to Eco re cou and first delivery.doc)

 - letter to Eco re cou and first delivery.doc


Joe, EnronOnline is essentially the internet distribution channel for our gas
and power business.  Rather, my focus on the legacy channel is an attempt to
increase the probability that more originators can complete transactions and
generate deal flow.  As well, to reduce the conflict between the trading and
origination organizations in order to keep us spending more time in the
market than focused on internal issues.  As far as specifics, you will have
to wait and see.

Thanks
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 10/06/2000
08:16 AM ---------------------------

Joseph Short@ENRON
10/04/2000 05:57 PM
To: David W Delainey/HOU/ECT@ECT
cc:
Subject: Follow-up to ENA Orientation

I enjoyed your presentation this morning.  You mentioned that one of your
current tasks is "pushing the legacy origination/structuring model to the
next step".  What do you mean by this?  Do you envision using the internet or
other technology to enhance the current origination structure?


Pablo and Jose:
Thanks for the update.  Based on the marketing information that you received
from us yesterday, are there any restrictions on our folks in Mexico going
forward with their marketing efforts?  If so, please advise.  Prior to
receiving you written advice, would it be possible to schedule a call maybe
on Wednesday of next week with myself and Jaime so that we can at least
outline any potential online issues, both in connection with our marketing
efforts and in connection with the online documents that you are reviewing? I
am available anytime after 2:30 (Houston time) on Wednesday and I am wide
open on Thursday.

Carol St. Clair
EB 3892
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com


I didn't sell any, right?
---------------------- Forwarded by Steven J Kean/NA/Enron on 04/12/2001
06:33 PM ---------------------------
From: Rebecca Carter on 03/21/2001 03:38 PM
Sent by: Kelly Johnson
To: Kenneth Lay/Corp/Enron@ENRON, Jeff Skilling/Corp/Enron@ENRON, Ken
Harrison/ENRON@enronxgate, Cliff Baxter/Enron@EnronXGate, Mark
Frevert/Enron@EnronXGate, Stanley Horton/Corp/Enron@Enron, Ken Rice/Enron
Communications@Enron Communications, Karen S Owens@ees@EES, Rick
Buy/Enron@EnronXGate, Richard Causey/Corp/Enron@ENRON, James
Derrick/Enron@EnronXGate, Andrew S Fastow/Enron@EnronXGate, Steven J
Kean/NA/Enron@Enron, Mark Koenig/Corp/Enron@ENRON, Mark
Metts/Enron@EnronXGate, Cindy Olson/Corp/Enron@ENRON
cc: Rosalee Fleming/Corp/Enron@ENRON, Sherri Sera/Corp/Enron@ENRON, Dolly
Henrici/ENRON@enronxgate, Susan Skarness/Enron@EnronXGate, Nicki
Daw/Enron@EnronXGate, Cindy Stark/Corp/Enron@ENRON, Dorothy Dalton/Enron
Communications@Enron Communications, Karen Owens/HOU/EES@EES, Karen K
Heathman/Enron@EnronXGate, Sharron Westbrook/Corp/Enron@ENRON, Stephanie
Harris/Enron@EnronXGate, Bridget Maronge/Enron@EnronXGate, Maureen
McVicker/NA/Enron@Enron, Joannie Williamson/Corp/Enron@ENRON, Dolores
Fisher/Enron@EnronXGate, Kathy McMahon/NA/Enron@Enron

Subject: Form 4 Reminder for March

CONFIDENTIALITY NOTICE

The information contained in this email may be confidential and/or
privileged. This email is intended to be reviewed by the individual or
organization named above. If you are not the intended recipient, you are
hereby notified that any review, dissemination or copying of this email or
its attachments, if any, or the information contained herein is prohibited.
If you have received this email in error, please immediately notify the
sender by return email and delete this email from your system. Thank you.


Hello all,

	Joe Hartsoe wanted me to pass this along as an FYI.  Yesterday, President Bush nominated Joe T. Kelliher to a post within FERC.  The press release can be found at:  http://www.whitehouse.gov/news/releases/2001/10/20011016-10.html .

Mike V.


----- Forwarded by Jeff Dasovich/NA/Enron on 04/06/2001 12:01 PM -----

 - Yahoo - Pacific Gas and Electric Company Files for Chapter 11
Reorganization.htm


Jeff,

I was trying to get in touch with you...and left a voice message at your
office earlier this evening.

Could you please give me a call at your earliest convenience?  I would like
to discuss a few PG&E issues with you.

Thanks,

Evan

Office   Ext. 53311
Mobile  (713) 444-3125
Home  (713) 365-0070


----- Forwarded by Mark Taylor/HOU/ECT on 02/23/2001 11:52 AM -----

	Mark Taylor
	02/20/2001 06:59 PM

		 To: John Viverito/Corp/Enron@ENRON
		 cc: Adam Gross/HOU/ECT@ECT, Alan Engberg/HOU/ECT@ECT, Michael A
Robison/HOU/ECT@ECT
		 Subject: RE: ISDA TDCC(Dow)/Enron

Gentlemen:

Several points regarding the below:

We worked for the first half of 1999 to try and negotiate a master agreement
with TDCC but failed due to an inability to agree on credit terms (i.e. TDCC
wouldn't sign a master with ANY credit terms in it at all).  Rod Nelson was
the Credit Dept. person responsible for this counterparty at that time.
If we want to start down this road again, the first step is to contact
someone in Credit and have them generate the necessary credit terms for  a
master agreement.  Unless the commercial folks have already, I'll ask someone
in my group to get that process started.
The e-mail from Dow indicates:
 "TDCC has never accepted and cannot accept the Terms and Conditions included
in the
confirmations sent by Enron."
All credit concerns aside, if Dow is not signing and returning our
confirmations, then based on this statement our derivatives trading with them
should stop immediately on legal grounds.
The e-mail as forwarded to me did not contain the attachment.  Does someone
here have it?

Let's hope it works out better this time.

Mark

	John Viverito@ENRON
	02/20/2001 01:55 PM

		 To: Mark Taylor/HOU/ECT@ECT
		 cc: Michael A Robison/HOU/ECT@ECT, Adam Gross/HOU/ECT@ECT, Alan
Engberg/HOU/ECT@ECT
		 Subject: RE: ISDA TDCC(Dow)/Enron

Mark-

Please see the correspondence below regarding Dow Chemical' s desire to enter
into an ISDA with us.

Let us know who will be leading the charge from legal.

Thanks,

John

John Viverito
Phone (713) 345-7814
Fax       (713) 646-3490
e-mail John.Viverito@enron.com
----- Forwarded by John Viverito/Corp/Enron on 02/20/2001 01:50 PM -----

	Alan Engberg@ECT
	02/20/2001 12:41 PM

		 To: John Viverito/Corp/Enron@Enron
		 cc: Michael A Robison/HOU/ECT@ECT, Adam Gross/HOU/ECT@ECT
		 Subject: RE: ISDA TDCC(Dow)/Enron

John/Mike, can someone contact Luis Antuna (name and number below) to discuss
putting together an ISDA between Dow Chemical Co. and EGM.

Thanks,
Alan
---------------------- Forwarded by Alan Engberg/HOU/ECT on 02/20/2001 12:36
PM ---------------------------

	From:  Adam Gross                           02/14/2001 03:21 PM

To: Alan Engberg/HOU/ECT@ECT
cc:
Subject: RE: ISDA TDCC/Enron

---------------------- Forwarded by Adam Gross/HOU/ECT on 02/14/2001 03:20 PM
---------------------------

"Billings, Mike (ME)" <mbillings@dow.com> on 02/09/2001 11:28:11 AM
To: "Antuna, Luis (L)" <LAntuna@dow.com>, "'agross@enron.com'"
<agross@enron.com>
cc: "Corbett, Cheryl (CE)" <CECORBETT@dow.com>
Subject: RE: ISDA TDCC/Enron

Thanks Luis,

I really appreciate your initiative to document that we have never accepted
and cannot accept their Terms and Conditions.  We are reversing the flow and
will leverage an ISDA Agreement that works for us and for them.

Thanks,
Mike

>  -----Original Message-----
> From:  Antuna, Luis (L)
> Sent: Friday, February 09, 2001 11:59 AM
> To: 'agross@enron.com'
> Cc: Billings, Mike (ME); Corbett, Cheryl (CE)
> Subject: ISDA TDCC/Enron
>
> Mike Billings has given us your name as the first contact person in Enron
> to negotiate an ISDA agreement with The Dow Chemical Company (TDCC).  Our
> files show an ISDA between Enron Capital & Trade Resources and two Dow
> entities (Dow Hydrocarbons & Resources, and Dow Chemical Canada). In
> addition to this, my understanding is that TDCC (my predecessor in this
> position) and Enron ( presumably a lawyer) had some discussions about an
> ISDA, but for some reason they were not successful. Despite this, the
> level of trading between the two companies have increased and TDCC has
> never accepted and cannot accept the Terms and Conditions included in the
> confirmations sent by Enron. For these reasons, we think we should agree
> on an ISDA where conditions acceptable to both parties can apply to the
> intense trading between the two companies.
>
> In order to speed up the process, I have enclosed to this message Dow's
> template for the ISDA Schedule. We would appreciate if Enron could review
> the attached draft and come back with any comments or issues for
> discussion. Please forward this message to the responsible person asking
> him to contact me for any discussion. Thanks.
>
> Regards
>
>  << File: Enron North America Corp.(draft) 2-9-01.doc >>
>
>
> Luis Antuna
> Attorney - Financial Law
> The Dow Chemical Company
> 2030 Dow Center
> Midland, MI  48674
> Tel: (517) 638-6789
> Fax: (517) 636-0861
> lantuna@dow.com
>


Ryan, I had already purchased tickets to go to LA and then Las Vegas for that
6 day break i have at the end of the month, so I won't be able to work the
night of the 26th


Please find attached our list of pending agreements and priorities.

Let me know of any updates to this list.

Thanks,
Aneela
---------------------- Forwarded by Aneela Charania/HOU/ECT on 02/23/2001
08:50 AM ---------------------------

Aneela Charania
02/07/2001 10:21 AM
To: Sara Shackleton/HOU/ECT@ECT, Cheryl Nelson/NA/Enron@Enron
cc: Samantha Boyd/NA/Enron@Enron, Stephanie Panus/NA/Enron@Enron, Theresa T
Brogan/HOU/ECT@ECT, Sheila Glover/HOU/ECT@ECT
Subject: Financial Trading Legal Documents

Per our conversation yesterday, please find attached our list of pending
agreements and priorities.

Please let me know if you have any comments or updates.

Thanks,
Aneela


I anticipate that Samantha will be out of the office for a time.  In order
that Samantha's work in progress be covered in her absence, please take the
following steps.  The attorneys should retrieve from her desk and files those
current file matters for which they are responsible.  To the extent you and
your administrative assistant can cover the file matters, please do so in
order to maintain a reasonable workload for the other paralegals.  If some of
your file matters need further paralegal assistance, please advise me so that
reassignments to other paralegals can be coordinated based upon the workloads
of Susan, Stephanie, and Tana.  Thank you.

Cordially,
Mary Cook
Enron North America Corp.
1400 Smith, 38th Floor, Legal
Houston, Texas   77002-7361
(713) 345-7732 (phone)
(713) 646-3490 (fax)
mary.cook@enron.com


-----Original Message-----
From: Miller, Jerry [mailto:GRM8@pge.com]
Sent: Wednesday, December 12, 2001 5:09 PM
To: Dasovich, Jeff
Subject: Enron Security Letters

Jeff,
Here are the two letters that were sent.   I understand you will be
forwarding to Jim Staffus (sp?), your VP of gov't affairs.

 <<EnronSecDemand 11-29-01.doc>>  <<EnronSecDemand 12-5-01.doc>>

Jerry Miller
Rm 1983, 77 Beale, MC B19C
San Francisco, CA 94105
phone: 415-973-4104; fax: 415-973-8494


Attached pls find credit wkst.  call if you have quesitons

thanks,
tanya