Notice No. 01-178
May 30, 2001

TO:
All NYMEX Division Members

FROM:
Neal Wolkoff, Executive Vice President

RE:
Procedures for Recording Spread Transactions on NYMEX Division Trading
Pads/Cards

NYMEX members have recently been advised through Notice to Members 01-174 of
the upcoming incorporation of spreads into the one-minute trade time
statistics.  Weekly statistics are currently being posted outside the NYMEX
Division trading floor.  Monthly statistics will subsequently be posted.
These spread statistics will not be counted in a member,s overall percentages
until the closure of a phase-in period, which is anticipated to be
approximately ninety (90) days.

  In connection with this matter, a number of discussions have taken place
between the Ad Hoc Committee of the Floor Committee, who is presently
involved in the upcoming audit trail classes for members (Thursday, June 14,
Tuesday, July 10, and Wednesday, August 15, 2001).  During these discussions,
questions have been raised with Staff as to the proper or acceptable ways of
recording spread transactions on a member,s trading pad/card.  To assist
floor members, the attached pictorial demonstrates three methods of recording
the sale of a spread (no prices-A, one leg price-C, and both leg prices-D),
as well as a purchase of a spread (B).

These images can be found at
http://www.nymex.com/refernce/notices/2001/ntm_178.htm

Any questions related to this matter should be addressed to Fred Tantao,
Manager, Floor Data Entry, at 299-2045, George Henderson, Vice President,
Floor Operations, at 299-2071, or Thomas LaSala, Vice President, Compliance,
at 299-2897.

__________________________________________________
Please click on the link below to indicate you have received this
email.

"http://208.206.41.61/email/email_log.cfm?useremail=sara.shackleton@enron.com&
refdoc=(01-178)"

Note: If you click on the above line and nothing happens, please copy
the text between the quotes, open your internet browser,
paste it into the web site address and press Return.


---------------------- Forwarded by Mike McConnell/HOU/ECT on 11/06/2000
01:36 PM ---------------------------

Patrick Wade
11/01/2000 08:25 AM
To: Mike McConnell/HOU/ECT@ECT, Andy Unverzagt/Enron Communications@Enron
Communications, Brad Blevins/HOU/ECT@ECT
cc: L.NANCE@worldnet.att.net
Subject: SI covers

Thought you might enjoy the past and present


To All Invitees:

The dinner honoring GISB's dedicated class instructors will be held on
Thursday, December 14, 2000 rather than Friday, December 15 at the Houston
Petroleum Club, 800 Bell Avenue at 6:30pm on the 43rd Floor - Vintage Room.
Please come help us show these instructors how very much we appreciate their
efforts on behalf of the natural gas industry.

RSVP: Veronica Thomason at gisb@aol.com


Adam Johnson
EnronOnline
713-345-4877


Chris:

Please send Mike Young at Northwestern an unredacted copy of the Blue Dog
turbine contract and draft change orders as soon as you get a chance.

Thanks,

Ben


Start Date: 3/1/01; HourAhead hour: 6;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001030106.txt


-----Original Message-----
From: 	Black, Don
Sent:	Wednesday, December 19, 2001 1:41 PM
To:	Kingerski, Harry
Cc:	Dietrich, Janet; Steffes, James D.; Black, Don; Bray, Hayden; Canacoo, Tetteh; Chmil, Shawn; Des Champs, Joseph; Draper, David; Fleming, Matthew B.; Foley, Neithard; Guerra, Jesus; Hewitt, Jess P.; Hurt, Clinton; Lovvorn, Kelly; Manck, Christie; Mattice, Robert; Migliano, Andrew; Morris, John; Pendegraft, Sherry; Shireman, Kristann; Soape, Cathy ; Vanderhorst, Barry; Willis, Annette; Wiltfong, Jim; Wood, Kim; Zeitz, Eugene
Subject:

Harry,

You have been nominated to estimate the collateral amounts.  Plerase call us with any questions.
The deadline is today for a guess and Thursday lunch for a semi- better number.  Thanks

NYSEG
COH
SW Nevada
EOG
SDG&E
PG&E
SoCal
North Shore
Peoples
Nicor
Etown
N Penn
Columbia Penn
Peoples Natural Gas PA
Cinn GE
New Jersey Nat


Marcelo:

Thank you for your response.  Yes, I am still interested in having the two
questions (mentioned in my email to you) answered.  We have several
derivative transactions with Chilean parties and I would like to know of
modifications to both the derivatives memorandum which you prepared for us in
1997 AND changes to our form of Schedule.  Please let me hear from you at
your earliest convenience.

Regards,

Sara

	"Marcelo Armas M." <marmas@philippi.cl>
	12/13/2000 06:39 PM

		 To: <Sara.Shackleton@enron.com>
		 cc:
		 Subject: RE: Financially Settled Transactions (Derivatives)

Dear Sara,

I was out of the office last week and although I was checking my mail, for
some reason I could not receive yours. I will review my memos and let you
know of any update, unless you tell me that it is not necessary anymore.

Kind regards,

Marcelo

-----Mensaje original-----
De: Sara.Shackleton@enron.com <Sara.Shackleton@enron.com>
Para: marmas@philippi.cl <marmas@philippi.cl>
Fecha: Lunes, 04 de Diciembre de 2000 08:56 p.m.
Asunto: Financially Settled Transactions (Derivatives)

>Marcello:
>
>By way of introduction, I am a lawyer with Enron North America Corp.("ENA")
>in the derivatives area.  I have read your memorandum of March 17, 1997
>which was prepared for us and which addressed both physical and financial
>trading issues.
>
>I am also aware of the recent memo which you prepared for Brent Hendry re:
>internet trading.
>
>I have two (2) followup questions for you limited specifically to financial
>trading (NOT VIA INTERNET):
>
>     (1)  Do you have any changes to add to your memo of March 17, 1997
>with respect to financial trading?
>
>     (2)  Would you modify ENA's Schedule to the ISDA Master Agreement
>(which I believe Brent Hendry recently forwarded to your attention)?
>
>I look forward to hearing from you.  ENA is about to execute a trade with a
>Chilean corporate and I will most likely see the trade confirmation in the
>next day or so.  You can reach me via email or by phone at (713) 853-5620.
>Thank you very much.
>
>Sara
>
>
>


Tana- looks like we may have missed the first 5 counterparties on Credit's
list.
Thanks!
---------------------- Forwarded by Camille Gerard/Corp/Enron on 02/15/2001
04:35 PM ---------------------------
From: Tana Jones@ECT on 02/09/2001 05:27 PM
To: Camille Gerard/Corp/Enron@ENRON, Nicole Hunter/NA/Enron@Enron
cc:

Subject: ClickPaper Approvals for 2/8/01


MARK HAEDICKE,
?
The PEP system closes on Friday, May 25, 2001.
?
Our records indicate that you have not selected reviewers.  Please suggest a
list of reviewers as quickly as possible - the feedback process cannot begin
until your list of reviewers has been reviewed and approved by your
supervisor.
?
To suggest your reviewers, access PEP at http://pep.enron.com and select
'Suggest Reviewers' from the Main Menu.
?
If you have any questions regarding the PRC process or the PEP system, please
contact the PEP Help Desk at:
Houston:  1.713.853.4777, Option 4 or email: perfmgmt@enron.com
London:  44.207.783.4040, Option 4 or email: pep.enquiries@enron.com


-----Original Message-----
From: 	sexxxmail@list.emailbucks.com@ENRON [mailto:IMCEANOTES-sexxxmail+40list+2Eemailbucks+2Ecom+40ENRON@ENRON.com]
Sent:	Tuesday, July 03, 2001 4:07 AM
To:	undisclosed-recipients:;@ENRON
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We have a conference call at 300, and you are welcome to join us!

From: Carlos Sole on 04/04/2001 01:59 PM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: Re: Turbine Purchase - Letter Agreement

No worries, just bring Magaret on.


----- Forwarded by Richard B Sanders/HOU/ECT on 10/24/2000 08:00 AM -----

	Christian Yoder
	10/20/2000 04:28 PM

		 To: Elizabeth Sager/HOU/ECT@ECT, Richard B Sanders/HOU/ECT@ECT
		 cc:
		 Subject: ISO

CONFIDENTIAL
ATTORNEY CLIENT PRIVILEGE

Richard and Elizabeth:
While I was away on vacation, Steve Hall included this statement in a status
report to me;

" >While you were gone I learned a new one from Smith Day, which involves
submitting bids for less than one MW, i.e., .0005 MW.  Because of a glitch in
the ISO's rounding system, the MW get rounded down, but the payment gets
rounded up.  Playing this game is worth about $9000/day. "

9,000 X 365 = 3,250,000.

Let's discuss.  ----cgy


The Commission held its first open meeting with Pat Wood as the new Chairman today and discussed many interesting issues.  The following is a summary of the meeting.  The meeting is still going on, and we will provide an addendum to this email updating you on what was discussed this afternoon (regarding market power).

RTOs

Chairman Wood expressed his desire to finish the RTO transition, and that the Commission needs to provide guidance and leadership in order to speed up the RTO transition.  Chairman Wood considers the RTO effort on two tracks:  1) organizational -- what will the RTO organizations look like, and 2) substantive -- once you set up the organizations, what will they do.

Organizational Effort:  Wood stated that this effort has already begun with the July 12 orders and the Northeast and Southeast mediation efforts.  The Commission will be issuing additional orders in the northeast, southeast and Midwest within the next couple of FERC meetings.  Wood also stated that it is time for RTO West and Desert Star to "marry up," meaning, I suppose, that the two should consolidate.  Wood does not think that California can be included in the western RTO yet since it has lingering problems.

Structural Effort:  The Commission will initiate a section 206 proceeding to address market design and structure issues in order to translate the 8 functions established in Order No. 2000 into RTO structures.  To achieve this goal, the Commission is establishing an "RTO week" of advanced workshops, from October 15-19, in advance of issuing a NOPR, to address structural issues such as:  congestion management; cost recovery; market monitoring; transmission planning; reliability; transmission rights.  Wood also envisions that the Commission will develop a new pro forma tariff to replace the existing Order No. 888 transmission tariff.  The new tariff will apply to all public utilities and RTOs.

Wood also recognized that some "sticks" are needed to entice RTO participation.  Therefore, Wood proposes to have all public utilities come in by December 15, 2001 with a declaration to join an RTO.  If they do not make this declaration, these entities will have their market based rate authority revoked on a prospective basis.  Furthermore, Wood states that if entities do not join RTOs, they should not be authorized to merge their facilities, and that FERC will also look at their rates to determine whether they are still just and reasonable rates compared with rates offered by RTOs.  Wood states that these "sticks" provide incentive, but do not mandate, RTO participation.

With regard to the pending requests for rehearing, Wood asked legal staff to figure out how "FERC can get there."  In other words, I think Wood is telling them to develop the legal analysis for denying rehearing.

While Commissioner Breathitt is skeptical about some of these RTO proposals, because she was not required to vote on anything today, she only expressed her concern.

Upcoming Dates

	October 15-19 --	RTO Workshops
	End of October -- further orders on Northeast, Southeast, Midwest RTOs
	December 15, 2001 -- all public utilities must commit to an RTO or have their market based rates revoked

Proposed Rule for Standards of Conduct

Within the next few days, FERC will be issuing a Notice of Proposed Rulemaking ("NOPR") on standards of conduct for transmission providers.  As explained at the meeting (we do not have a copy of the NOPR yet), the NOPR will propose to apply standards of conduct uniformly to electric transmission providers and gas pipeline transportation providers similarly.  The NOPR also proposes to broaden the definition of affiliate to include all energy affiliates, not just marketers.  The standards of conduct would not apply to RTOs and transmission providers who are members of an RTO may ask for an exemption from the standards.

The NOPR will also likely include a proposal that the standards apply to transmission-owners' marketing affiliates that are serving native load customers.  As you know, the present standards do not apply to the affiliates of TOs that are only buying and selling power for native load customers.  As the interim general counsel noted, these marketing affiliates can go into the control room and have unrestricted interaction with the TO.

There was some discussion of whether it is necessary to apply the standards to affiliates serving native load.  Staff told the Commissioners that market participants have been complaining for years about this loop hole in the rules.  Pat Wood said they will include the proposal in the NOPR (Breathitt may not support), but if the industry does not support the proposal, FERC will pull it.  We of course will strongly support the proposal.

Provision of Adequate Electrical Capacity (ICAP)

Chairman Wood asked Staff to prepare a presentation on reserves and installed capacity requirements.  Wood noted that the Commission had to issue an order on ICAP in New England during their recess in August, and he is not that familiar with the issues.  Therefore, he asked Staff to prepare a presentation, which they made at the meeting this morning.  The presentation will be made public within the next couple of days.  In sum, Staff seems to believe that some type of ICAP requirement is needed for reliability.

After the presentation, Wood noted that the New England ICAP order has enough wiggle room to allow the Commission to change its mind once the commissioners better understand the issue.  Wood sees that there is a potential conflict between decentralized, competitive markets and the need for sufficient supply (without politically unacceptable, prolonged price spikes).

Commissioner Brownell (from the Pennsylvania PUC) has a better understanding of  ICAP and expressed concerns that ICAP may be an outdated tool that acts as a barrier to entry without any definable benefit to customers.

Realizing that there are many positions on this topic, Chairman Wood said he will publish the Staff report and ask for comments by October 17.  We will definitely submit comments on this and will include everyone in the drafting process.

Sorry this is so long, but a lot happened today.  We will provide a summary of the market power discussion as soon as it is over.  Let us know if you have any questions.

Sarah


Tom,

For the EOG piece, bring the nom down to 4400 through the 7th.  For the 8th
forward, leave the nom as is.  When we get more information next week, we can
adjust as necessary.

Yates - What did they produce in Jan and Feb?  Let me know that and we can
decide if we want to adjust the nom.

Vintage - Adjust our nom to tie with Vintage.

Tom Acton@ENRON
03/02/2000 10:12 AM
To: Daren J Farmer/HOU/ECT@ECT
cc: Vance L Taylor/HOU/ECT@ECT
Subject: WELLS

 Daren,  EOG  is having problems with that same well 6296 but this time it's
compressor problems.  They think that it will be for at least a week but you
know how that goes.  They would like to drop the volume again to 4400.  If we
change don't Kim will have an imbalance at this meter (she wanted me to let
you know that).  Meter # 6598 YATES  would like to change the volume from
4206 to 3366, and Vintage who had been over producing last month would like
to increase from 270 to 320 to match the real flow.  I know these are
bothersome changes but I'm trying to get the best numbers for both you and
Vance for the up coming month.  Let me know and I'll be on the go  from the "
THE TOM CAT"


Please book my london flight.
---------------------- Forwarded by Richard B Sanders/HOU/ECT on 06/04/99
08:21 AM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  General Announcement @ ENRON                           06/03/99 06:42
PM

To: All Enron Employees
cc:
Subject: Travel Announcement

The recently announced "new" deep discounts on the upfront purchase price of
airline tickets with our preferred air carriers booked through the Travel
Agency in the Park have been well received!

Increased airline ticket bookings with our preferred carriers was expected in
the Enron Houston offices.  The response from the Enron business units
outside the Houston area has been remarkable.  As a result, call volume to
TAP has increased by 30%.

As a result of this 30% increase in call volume, TAP continues to add
qualified, experienced agents to their staff to meet the increased needs of
Enron travelers.

If your "Enron Business Unit/Location" was not previously using TAP for your
airline bookings, please contact Tracy Ramsey, Enron Corporate Travel
Manager, 713/853-6457 to assist you with your transition process to TAP.

This transition process will include items such as setting-up Traveler
Profiles in the TAP system to expedite the booking process and establishing
your travel patterns so that TAP can respond to your specific travel needs
and requirements.

The Travel Agency in the Park has established a web site,
http://www.travelpark.com, that is available to you for browsing flight
schedules and booking flights.

Thank you for our support of the Enron Travel Program that continues to
provide exceptional cost savings to Enron Corp.

Please contact Tracy Ramsey, 713/853-6457 if you have questions or comments.


i mean big 12.  i don't think they will win the next two nat'l
championships.  texas definately won't.


---------------------- Forwarded by Kayne Coulter/HOU/ECT on 01/04/2001 09:02
AM ---------------------------

Jason Choate@ENRON
01/03/2001 01:52 PM
To: Corry Bentley/HOU/ECT@ECT
cc: Larry F Campbell/NA/Enron@Enron, Richard Hrabal/HOU/ECT@ect, Joe
Stepenovitch/Corp/Enron@Enron, Kayne Coulter/HOU/ECT@ECT
Subject: NYISO Contract download sheet.

Corry,

Just wanted to give you the location of the new tool I'm using for managing
the NYISO contracts.

m://electric/schedule/nyiso/uploaddownload/uploaddownload.exe

Choate


---------------------- Forwarded by Sean Boyle/Corp/Enron on 11/21/2000 12:22
PM ---------------------------

John Hodge
11/21/2000 08:13 AM
To: Mark Breese/HOU/ECT@ECT
cc: Scott Neal/HOU/ECT@ECT, Sean Boyle/Corp/Enron@ENRON, Robin
Barbe/HOU/ECT@ECT, Dick Jenkins/HOU/ECT@ECT, Chris Germany/HOU/ECT@ECT, Judy
Townsend/HOU/ECT@ECT

Subject: Columbia Homestead Expansion

Columbia is taking expressions of interest in a project they are calling the
Homestead expansion for firm (or possibly off-peak or seasonal firm)
transportation into Operating Areas 1 and 10.  The open season will end on
1/19/01.  The project could include Columbia working with another pipeline in
the region, such as Transco to deliver more volumes using Transco's South
Virginia lateral or CNG to deliver more volumes on the PL-1 line.  The
project could include expanding Columbia's own line into Market Areas 33 and
34 through looping or added compression.  Columbia is also considering
building a line away from Loudoun, where LNG volumes will be delivered from
the Cove Point pipeline, to power projects in Loudoun or Fauquier Counties in
Virginia.  Columbia has also considered an idea in the past to build a line
from the Cove Point terminal to BG&E through Calvert and Anne Arundel
Counties.  Columbia indicated that they have talked with Bill Fox of
VNG/ALG.  Columbia would like to talk with us concerning VNG, Hopewell or any
other needs that we might have.

	Enron Capital Management

	From:  Mark Breese @ ECT                           11/20/2000 10:29 AM

To: John Hodge/Corp/Enron@ENRON
cc:

Subject:

Can you find out about columbia's Homestead expansion?  RE:  its
applicability to VNG


[IMAGE]	 	[IMAGE]	[IMAGE]

             [IMAGE] [IMAGE]   [IMAGE] [IMAGE] Upgrades  [IMAGE] DownGrades  [IMAGE] Coverage Initiated  [IMAGE] Stock Splits  [IMAGE] Buybacks  [IMAGE] Pos Pre-Announce  [IMAGE] Neg Pre-Announce  [IMAGE] Todays IPOs  [IMAGE] IPO - Quiet Periods   [IMAGE] IPO - Postponements  [IMAGE] IPO - Withdrawals  [IMAGE] IPO - Latest Pricing  [IMAGE] IPO - Lockup Period     [IMAGE]   [IMAGE]   [IMAGE]  [IMAGE]  [IMAGE] Unsubscribe  [IMAGE] Update my Membership / Profile  [IMAGE] Forgot Username / Password  [IMAGE] Add / Edit Alerts  [IMAGE] View My Alerts   [IMAGE] [IMAGE] [IMAGE] [IMAGE]   [IMAGE]  [IMAGE]    [IMAGE] [IMAGE] [IMAGE] 	  As requested, your News Alert for CMGI  follows from EquityAlert.com.     CMGI Retires Series C Preferred Stock, Substantially Strengthening Capital Structure   ANDOVER, Mass., Nov 20, 2001 (BUSINESS WIRE) -- CMGI, Inc. (Nasdaq: CMGI) today announced that it has retired its Series C Convertible Preferred Stock under the terms of an agreement with the Series C stockholders. The agreement represents successful conclusion of CMGI's focused efforts to eliminate outstanding debt and convertible preferred instruments.   In June 1999, CMGI completed a $375 million private placement of newly issued Series C Convertible Preferred Stock, the June 2002 maturity value of which is estimated to be approximately $398 million. Under the terms of the agreement, the Series C stockholders retired the obligation in full in exchange for aggregate consideration consisting of: 1) approximately $100.3 million in cash; 2) an obligation to deliver approximately 448.3 million ordinary shares of Pacific Century Cyberworks (PCCW) owned by CMGI no later than December 2, 2002, and, 3) approximately 34.7 million shares of CMGI common stock, which shares shall be subject to certain volume and other trading restrictions.   The Series C stock retirement is the second of two major financial restructuring initiatives focused on improving CMGI's capital structure. Earlier this month, the company and two of its subsidiaries, NaviSite, Inc. and AltaVista Company, announced the successful completion of an agreement with Compaq Computer Corporation and Compaq Financial Services to retire, restructure and realign key financial obligations.   "With today's agreement, we've effectively closed the second chapter of our financial restructuring initiatives and significantly improved our capital structure in line with the company's long-term goals," said George McMillan, chief financial officer, CMGI, Inc. "The successful retirement of both the Compaq and Series C obligations now frees CMGI and its subsidiaries to focus our resources on strengthening our fiscal management and executing on an operating plan to grow our businesses in 2002 and beyond. We expect that this capital restructuring, coupled with our ongoing fundamental restructuring and alignment of our business, will enable us to focus our resources on ongoing initiatives to accelerate recurring operating profitability and position the company for growth-focused activities."   About CMGI and @Ventures  CMGI, Inc. (Nasdaq: CMGI), a leading global Internet operating and development company, is comprised of established and emerging companies, including both CMGI operating businesses and investments made through its venture capital affiliate, @Ventures. CMGI companies span a range of vertical market segments including search and portals; infrastructure and enabling technologies; e-business and fulfillment; marketing software and services; and Internet professional services. Compaq, Pacific Century CyberWorks and Sumitomo hold minority positions in CMGI.   CMGI's majority-owned operating companies include Engage (Nasdaq: ENGA), NaviSite (Nasdaq: NAVI), AltaVista, Equilibrium, SalesLink, Tallan, uBid and yesmail.com. @Ventures has ownership interests in more than 40 companies, with a focus on identifying, investing in and developing emerging technology companies and eBusinesses.   CMGI's corporate headquarters is located at 100 Brickstone Square, Andover, MA 01810. @Ventures has offices there, as well as at 3000 Alpine Road, Menlo Park, CA 94028. For additional information, see http://www.cmgi.com and http://www.ventures.com.   This release contains forward-looking statements which address a variety of subjects including, for example, the expected benefits of the agreement with certain of CMGI's equityholders to retire all of the outstanding shares of CMGI's Series C Convertible Preferred Stock, efforts to accelerate recurring operating profitability and the results of growth-focused activities. The following important factors and uncertainties, among others, could cause actual results to differ materially from those described in these forward-looking statements: CMGI's success, including its ability to decrease its cash burn rate, improve its cash position and revenue run rate and reach profitability, depends on its ability to execute on its business strategy and the continued and increased demand for and market acceptance of CMGI's products and services and the Internet in general; CMGI may experience difficulties integrating technologies, operations and personnel in accordance with its business strategy; and increased competition and technological changes in the markets in which CMGI competes. For a detailed discussion of cautionary statements that may affect CMGI's future results of operations and financial results, please refer to CMGI's filings with the Securities and Exchange Commission, including CMGI's Annual Report on Form 10-K filed October 29, 2001.   CONTACT:          CMGI Corporate Communications    CMGI Investor Relations                   Deidre Moore                     Catherine Taylor                   (978) 684-3655                   (978) 684-3832                   dmoore@cmgi.com                  ctaylor@cmgi.com URL:              http://www.businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page.  Copyright (C) 2001 Business Wire.  All rights reserved.  -0-   KEYWORD:          MASSACHUSETTS INDUSTRY KEYWORD: BANKING                   COMPUTERS/ELECTRONICS                   INTERNET                   SOFTWARE                   SOURCE:                   CMGI    [IMAGE]    ***IMPORTANT NOTICE AND DISCLAIMER REGARDING THIS COURTESY EMAIL***  At your request, as a subscriber to our service, this email alert is being sent to you as a courtesy and is for information purposes only. We are a financial news re-distributor. 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Please note that (1) this email may not contain the full text of the press release issued by, or the research or other reports regarding, the Monitored Company; and (2) the text of the advertisement, the press release and/or reports were obtained from third party sources and were not written, generated or edited by us; accordingly, we make no representations or give any assurance as to the accuracy or completeness, nor have we conducted any independent investigations of, the disclosures regarding the subject matter of such releases and reports.   Please note that links to the advertising company and/or Monitored Company are provided for your convenience. We assume no obligation for the content of such sites.   All information contained herein should be independently verified by you with the advertising company or with Monitored Company or any other sources you prefer.   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Philip,

I'm sorry this took so long, I thought I sent it ealier, but apparently not.
Let me know if you need anything else.

Mat


I'm desperate.  HELP!!!!!!  We have a meeting with Duran et al today, and I
really wanted to brouse through this before then.


I have asked Robert Lloyd to look into this.  He handles our Industrial noms
now.

D


Our department will be migrated to Outlook in two groups.  The first group
will be migrated on Monday, June 11,  and the second group will be migrated
on Tuesday, June 12.   You will receive four e-mails from the Outlook
migration team.  Please do not delete them.  You will need to open the four
e-mails and follow the instructions to migrate to Outlook.

Assistants, you will be responsible for scheduling training for yourself and
your assignments.  It is recommended everyone attend a one hour training
class.  Training can be scheduled by contacting Maggie Cruz at extension
3-1816.  (Assistants, please coordinate training with your backup so both of
you are not in training at the same time.)  Outlook migration specialists
will be on the 38th floor to answer questions Tuesday and Wednesday, June 12
and 13.

Listed below is useful information provided to us by the Outlook Migration
team.

E-mail Policies

Users will be restricted to a Mailbox size of 100 MB.

Further mailbox size restrictions are detailed as follows:

Issue Warning at 75 MB - users are automatically sent a warning from the
System Administrator explaining they are near their Mailbox limit.

Prohibit Send at 100 MB - users are prevented from sending e-mail, yet they
can still receive internal and external messages.  Users must reduce the size
of their mailbox by deleting old mail, saving attachments to a local drive,
etc. before they can send e-mail again.

Inbound/Outbound Mail Size Limits - inbound and outbound e-mail messages will
be limited to a size of 10MB.

Deleted Item Retention - users will be able to recover deleted items from
their mailbox as old as 8 days.  Deleted items include e-mail messages,
folders, contacts, calendar entries, tasks, notes, journal entries and
meeting notices.

Archiving - archiving will not be a supported feature of Outlook 2000.

Migration Preparation

Clean Your Mailbox - due to new space limitations on your mailbox, you are
advised to clean your Notes mailbox of old, unneeded messages BEFORE
migration.  If you are at the 100MB limit on the day of migration, you will
not be able to send messages once you are in Outlook.

Limits on Items Migrated  - from the day of your migration, only 30 days of
old mail will be migrated from your mailbox.  This includes mail in your
inbox and other folders.  Calendar items dating back one year from the day of
migration will be migrated (with the exception of repeating appointments).

The following people will be migrated Monday evening, June 11.

Adams, Suzanne
Bushman, Teresa
Cash, Michelle
Clark, Bart
Corbet, Nancy
Daniels, Eddy
Davis, Angela
Dickson, Stacy
Edison, Andy
Elbertson, Janette
FitzGerald, Genia
Flores, Nony
George, Robert H.
Goode, Diane
Guinn, Linda
Haedicke, Mark
Hansen, Leslie
Hearn, Ed
Heinitz, Mary
Hodge, Jeff
Legal Temp 1
Legal Temp 2
Legal Temp 3
Legal Temp 4
Mann, Kay
Maxwell, Matt
McCullough, Travis
Meraz, Claudia
Mellencamp, Lisa
Milligan, Taffy
Moore, Janet H.
Nemec, Gerald
Nettelton, Marcus
Ogden, Mary
Perlingiere, Debra
Portz, David
Sager, Elizabeth
Sanders, Richard
Simmons, Linda
Sol,, Carlos
St. Clair, Carol
Sweet, Twanda
Tweed, Sheila
Van Hooser, Steve
White, Ann Elizabeth
Zucha, Theresa

The following people will be migrated Tuesday evening, June 12.

Aronowitz, Alan
Bailey, Susan
Boyd, Samantha
Braddy, Martha
Bruce, Robert
Bruck, Sarah
Carolan, Dominic
Castillo, Connie
Collins, Harry
Cook, Mary
Crady, Ned
del Vecchio, Peter
Doucette, Margaret
Farrell, Keegan
Ferguson, Samantha
Garcia, Nita
George, Carolyn
Gray, Barbara
Greenberg, Mark
Gresham, Wayne
Haas, Merrill
Heard, Marie
Hendry, Brent
Jones, Tana
Keiser, Holly
Koehler, Anne
Korkmas, Deb
Lauterbach, Elizabeth
Legal Temp 5
Legal Temp 6
Legal Temp 7
Lindeman, Cheryl
Lovelady, Steven
Lyons, Dan
Martinez, Mary Helen
Mayer, Laurie
Murray, Julia Heintz
Nachawati, Majed
Nelson,  Cheryl
Panus, Stephanie
Pinto Leite, Francisco
Rivera, Coralina
Robison, Michael
Rogers, Daniel
Sayre, Frank
Shackleton, Sara
Shanks, Reginald
Spencer, Becky
Stoler, Lou
Taylor, Mark
Viverito, John
Young, Randy

Many thanks for your help in making this a smooth migration to Outlook.

Nony Flores and Janette Elbertson


We likely will come unless we are still too sick.  We've all still got the
"crud".  I'll call tomorrow evening and let you know.

Melissa said that she could/would make a "Football" cake if you want.  Just
let me know when I call as I will not get any more e-mails today.

Thanks!


Hello,
 Attached is the Delta turbine buyout amount for the closing on May 2. This
is the amount that can be utilized in your prepayment notice that needs to be
sent by 10 am EST on Monday April 30.

Have a great day,
Marcus

4 Turbines	Balance on 5/02/2001
Progress Payments	                 5,628.800
Options I, J, Y	 included
Option D	 included
Engineering Fees	                     69.012
Capitalized Interest	                    251.027
Financing Fees from WLB	                    617.512
E-Next Generation Financing Fee	                    196.355
Total	                 6,762.706


Kay:

I am attaching execution sets of the following documents:

	1.  Assignment and Assumption Agreement;
	2. ENA Promissory Note;
	3. Amended and Restated LLC Agreement;
	4.  Certificate of Amendment; and

	5. ENA Closing Certificate.
Please have an authorized representative execute 4 originals of every
document, except for the Note where only 1 original is needed. In addition,
please courier all originals to my attention so that all Closing documents
remain in one place. Thanks.

Best regards,

Marisa
 <<Assignmentand AssumptionAgreement.DOC>>  <<PromissoryNote.DOC>>

 <<LLC Agreement(v5).DOC>>  <<Certificate of Amendment to Certificate of
Formation of Merchant Energy Ventures, LLC(v1).DOC>>  <<ENA Closing
Certificate(v2).DOC>>

_________________________
Maria I. ("Marisa") Reuter
King & Spalding
1100 Louisiana, Suite 3300
Houston, Texas 77002
713-751-3244 (tel)
713-276-7440 (fax)
 <<Reuter, Marisa.vcf>>

                    Confidentiality Notice
This message is being sent by or on behalf of a lawyer.  It is intended exclusively for the individual or entity to which it is addressed.  This communication may contain information that is proprietary, privileged or confidential or otherwise legally exempt from disclosure.  If you are not the named addressee, you are not authorized to read, print, retain, copy or 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.


I forget when you are coming?  If you're in Houston on May 6, Jim Easter in
the Asia/Pacific Group will be having his XVIII Annual La Dolce Vita Party
which is always a great blast, and I'll secure you an invite too...let me
know...!


My only concern is that John (I am told) spoke to gas and power folks at his staff meeting a while back on the process on transfers. As long as they are rated a 3 or higher in PRC then they did not need to have it approved. Most go through HR, however, some we find out after the fact. I am just trying to make sure we could meet your expectation.  Do you want to say something at your next staff meeting?

 -----Original Message-----
From: 	Kitchen, Louise
Sent:	Tuesday, September  4, 2001 12:17 PM
To:	Melodick, Kim
Cc:	Jones, Robert W.- HR Exec
Subject:	RE: Follow up on hiring issues last week
Sensitivity:	Confidential

You do not need to send any note to any people - just make sure we see them all.  This change applies to Gas and Power.

 -----Original Message-----
From: 	Melodick, Kim
Sent:	Tuesday, September 04, 2001 11:33 AM
To:	Kitchen, Louise
Cc:	Jones, Robert W.- HR Exec
Subject:	Follow up on hiring issues last week
Sensitivity:	Confidential

Louise, prior to you sending me the revised guidelines on transfers/hires last week, I wanted to give you details on the folks that were already in process before the change:

1.  Steve Bartlet received a transfer offer from Lloyd Don Miller in asset market effective 9/1/01.  Don had indicated that he had planned to speak to you Monday 8/27/01.  He did considerable investigation on this employee to ascertain that he would be a fit for the group.  The employee was rated a 4 at midyear.

2.  Dave Ingram was hired by Dana Davis to do realtime trading at the senior specialist level.  He was a transfer from EBS as a redeployed employee. Feedback was positive and he was rated a 3 at mid year and excellent at yearend.

3.  Eric Simpson was hired to work for Fletch Sturm as a commerical director.  He was rated 1 at midyear and a 2 at yearend. As per the email I recceived from Kevin Presto, I am told that both you and John are aware.

4.  Berney Aucoin in EWS made an offer to an analyst out of the program for a specialist level (flat compensation). Rogers Herndon approved as this employee was rated a 5 at midyear, however, they feel in the past that he was not appropriately guided at EWS.  They feel that they can assist in turning this employee around and have developed a Performance Improvement Plan. Robert Jones is aware.

5.  Steve Irvin was in the process of making an offer to Carlos Alatorre for the Monterrey office. I believe that you are aware as this employee would be a transfer from EOL.  I am awaiting a response from Steve on the status.

I will be sending out a note to Kevin, Dave, Don, Steve, Rogers and both Jaimes to let them know about the change in process on what you would like to be included on going forward.


Mary,

Sarita and I would like to thank you for speaking at the Clearing User
Meeting on November 16th.  Everyone we have talked
benefited greatly from the information you presented.  Your presentation
sparked numerous discussions during and after
the meeting regarding the legal  versus business requirements related to
confirming web transacted deals.

We are looking forward to the formation of a  legal task force to further
define and clarify these requirements


Bob,

Leave the nom as it is in the system.  It looks like they have been
delivering more than the original nom instead of less.

D

	Enron North America Corp.

	From:  Robert Cotten                           06/14/2000 04:37 PM

To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: Yates Energy Corp. - Revised Nomination

Daren,

Yates Energy has revised their nomination from 3,135/d to 3,060/d eff.
6/15/00 at meter 6598.  The deal # is 138856.  Do you want me to adjust?

Bob


The week of November 13 is the week of the Enron Management Conference in San
Antonio.  It begins on Wednesday evening, so most people will be travelling
on Wednesday afternoon.  I will be in the office on Monday and Tuesday that
week, so those days work well for me for your visit.   I just wanted you to
know about the conference in case that has an impact on other meetings that
you might want to have in Houston that week.  Let me know.  I will look
forward to seeing you and introducing you to others on the team.

We are looking forward to seeing Mo next week here in Houston.

Have a great weekend.  --Sally

Beth Apollo
10/24/2000 09:27 AM
To: Sally Beck/HOU/ECT@ECT
cc:
Subject: Houston trip

Hi there --- Had lunch with Mo today  -- so as you can imagine she was very
interested in my new role, working with you.  Fernley has decided that it is
too hard to write down all of the organizational changes and how it affects
all of the people who reported in to Phillip and I, so he has just verbally
announced the changes.  But, at any rate, the word is getting out.

I hadn't seen Mo in months, so it was good to catch up.  I think she is
headed to Houston this week (so is Frank) so I am sure you will be hearing
from her.

I have tentatively blocked out the week beginning Monday, Nov. 13th to come
over to Houston, and would like to spend some of that time with you and your
team, meeting people, and maybe just following you around for the day, as you
suggested.

Does that week work for you?  I think the Management conference is later in
the month, so people will generally be around.

Please let me know, and I will make sure it happens.  I will also need to
spend some time with Melissa Becker and her team working on Post ASE
Reporting solutions, but will plan to spend a significant amount of time with
the North America group.

What do you think?  I am ready to get moving on some new things!!!!

Beth


I INFORMALLY SOUNDED PAUL OUT, AND HE EXPRESSED AN INTEREST IF THE DATES WORK.
Possible letter to Paul Joskow from Ken Lay
Dear Paul:
    As you may have heard, Enron has an advisory committee consisting of
leaders in the academic and business communities (list attached). This
committee meets twice each year, along with invited speakers on subjects of
interest to Enron. Top executives of our company do their best to attend.
    Starting on the afternoon of October 30, and concluding late in the day
on October 31, we will be meeting in London. I was most impressed with your
presentation at the Aspen Institute energy forum, and am hoping that you
might consider joining our meeting to discuss "Where do we go from here: how
to preserve the momentum of deregulation after California."
    We would be delighted to cover business class travel costs and all other
expenses incident to your trip to London, including hotel costs should you
choose to extend your stay for several days. In addition, there would be an
honorarium of $XXXXXX.
    Do try to join us: you will find the other speakers interesting, and
London a delightful place in which to spend a bit of time. And we would
benefit enormously from your participation.
                                                      Sincerely,


Here is a recap:

all nx1 and all paper buys

Tetco M3:

4/01  180,000  0.47
5/01  100,000  0.465
11/01  20,000  0.85
12/01  20,000  1.15
4/02-10/02 40,000/mth 0.44

Transco Z6

4/01  110,000  0.70
11/01  40,000  1.60
12/01  40,000  2.00

Henry Hub

4/01-10/01 70,000  .0075

Matt


Yes, I'm here finally.  What a fiasco!  I got here yesterday morning and no
phone, computer or boxes.  Karen, my assistant had put in all the work
requests, and Robin had come right behind her and cancelled them.  Go
figure!  Anyway, Robin was out yesterday and today, so Karen had to start
getting everything in place for me.  I got my computer at 5:00 and my phone
right before lunch today.  I started to call Mark and ask if I could come
back.  I guess eventually, it will all work out.

Let's do lunch!

Marie

	Tana Jones
	04/24/00 05:28 PM

		 To: Marie Heard/HOU/ECT@ECT
		 cc:
		 Subject: Are you there?


(See attached file: HPLN1121.xls)

 - HPLN1121.xls


Facility Planning confirms a verbal approval Burlington contract # 25025, as follows:

  SHIPPER:                                Burlington ResourcesTrading Inc
  TERM:                                       03/01/01  thru 03/31/2001
   CONTRACT:                          25025
   REC. PT/VOLUME               POI   56498          Bloomfield Compressor           80,000 Dth/d
   DEL.PT/VOLUME                 POI   60668          NNG Gray                                     35,000 Dth/d
   DEL.PT/VOLUME                 POI   12353         Westar Carson                             30,000 Dth/d
   DEL.PT/VOLUME	        POI   8516           Oasis Block 16 -Del                    15,000 Dth/d

  SHIPPER:                             Burlington ResourcesTrading Inc
  TERM:                                       04/01/01  thru 11/30/2006
   CONTRACT:                          25025
   REC. PT/VOLUME               POI   56498          Bloomfield Compressor           80,000 Dth/d
   DEL.PT/VOLUME                 POI   500154        Lone Star Pecos                        25,000 Dth/d
   DEL.PT/VOLUME                 POI   500515        Valero Pecos Del                      21,000 Dth/d
   DEL.PT/VOLUME                 POI   57245          Lone Star                                      15,000 Dth/d
   DEL.PT/VOLUME	        POI   8516           Oasis Block 16 -Del                   19,000 Dth/d

Martha Cormier
02/26/2001 09:53 AM
To:	Perry Frazier/ET&S/Enron@ENRON, Dennis Lee/ET&S/Enron@ENRON, Michelle Lokay/ET&S/Enron, Kevin Hyatt/ET&S/Enron, TK Lohman/ET&S/Enron, Dale Eldridge/ET&S/Enron@ENRON, Martha Cormier/ET&S/Enron@ENRON
cc:

Subject:	Amendment #54

CAPACITY REQUESTED

  SHIPPER:                                Burlington ResourcesTrading Inc
  TERM:                                       03/01/01  thru 11/30/2006
   CONTRACT:                          25025
   REC. PT/VOLUME               POI   56498          Bloomfield Compressor           80,000 Dth/d
   DEL.PT/VOLUME                 POI   60668          NNG Gray                                     35,000 Dth/d
   DEL.PT/VOLUME                 POI   12353         Westar Carson                             30,000 Dth/d
   DEL.PT/VOLUME	        POI   8516           Oasis Block 16 -Del                    15,000 Dth/d

Thanks,
Michelle


I'm speaking at a conference in ny again but never got around to making any
plans - any chance you're free?


CONGRATULATIONS ON THE CLOSURE OF THE ALAMAC/AIG TRANSACTION!! Fantastic
effort and job well done from beginning to end! I don't remember the other
folks involved on your deal team but I do know this deal would not have
happened had it not been for you three! I remember when we started this last
July (remember the $1 DASH ?!), the hurdles that kept popping up (oh, just a
little bankruptcy proceeding), and the s-l-i-c-k structuring of the entire
transaction. Bought if for $3.5 million, sold it for $26 million, marked an
incremental $5 million on a coal contract, and still have the right to
"broker" another sale and keep 90% of the proceeds ( another $10+ million)!!
Pretty awesome.

This was really a great job by all! Let me know the date of the celebration
dinner!


maybe. I'll letcha know. where?

 -----Original Message-----
From: 	Williams III, Bill
Sent:	Tuesday, August 07, 2001 12:02 PM
To:	Hyde, Crystal
Subject:	RE:

No soup for you!
No I have no idea.  I got to run, my brother is out front.  Beer this week?
B

 -----Original Message-----
From: 	Hyde, Crystal
Sent:	Tuesday, August 07, 2001 11:32 AM
To:	Williams III, Bill
Subject:

hey, do you know anyplace with good soup around here?

Crystal Hyde
Enron North America
121 SW Salmon Street
Portland, Oregon 97204
Phone: (503) 464-8318
Fax: (503) 464-3740
Email: crystal.hyde@enron.com


No problem.  Still haven't gotten down to the original invitation.

 -----Original Message-----
From: 	Moore, Jan
Sent:	Thursday, February 07, 2002 1:23 PM
To:	Cobb Jr., John; Fancler, Dan; Geaccone, Tracy; Y'barbo, Paul; Donoho, Lindy; Lohman, TK; Hanagriff, Richard; Lokey, Teb
Subject:	FW: Fuel Meeting Rescheduled

We will reschedule this meeting for next week.  Sorry for the late notice.

 -----Original Message-----
From: 	Moore, Jan
Sent:	Monday, February 04, 2002 2:07 PM
To:	Cobb Jr., John; Fancler, Dan; Geaccone, Tracy; Y'barbo, Paul; Donoho, Lindy; Lohman, TK; Hanagriff, Richard
Subject:	Fuel Meeting Rescheduled

The meeting originally scheduled for Tuesday, February 5 @ 2:00 p.m. will be rescheduled to
Thursday, February 7 @ 2:00 p.m. in EB1336.  Please let me know if you have a conflict.

 -----Original Message-----
From: 	Moore, Jan
Sent:	Wednesday, January 30, 2002 1:40 PM
To:	Cobb Jr., John; Fancler, Dan; Geaccone, Tracy; Y'barbo, Paul; Donoho, Lindy; Lohman, TK; Hanagriff, Richard
Subject:	Fuel

A meeting has been scheduled for next Tuesday, February 5 in EB1336 to discuss the following:

TW fuel sales, imbalances and UAF
TW Daily Balancing Report

Please let me know if you have a conflict.

Jan Moore
X53858


Danetta worked it for the  Fountain Valley project.  How long has she been
here?  I didn't know there was anyone other than you.

"Shoemaker, Kent (GEAE)" <kent.shoemaker@ae.ge.com> on 04/02/2001 02:24:25 PM
To: "'Kay.Mann@enron.com'" <Kay.Mann@enron.com>
cc:

Subject: RE: Enron/Delta Turbine Acquisition

Kay, unless I've lost my mind, I've never seen these docs before.  What deal
was it on.  I don't have anything on CA Development.  I don't remember
executing any attorney's opinions?

-----Original Message-----
From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com]
Sent: Monday, April 02, 2001 2:47 PM
To: Shoemaker, Kent (GEAE)
Subject: RE: Enron/Delta Turbine Acquisition

Yes, this stuff is for the purchaser's bank.

"Shoemaker, Kent (GEAE)" <kent.shoemaker@ae.ge.com> on 04/02/2001 01:45:44
PM

To:   "'Kay.Mann@enron.com'" <Kay.Mann@enron.com>
cc:

Subject:  RE: Enron/Delta Turbine Acquisition

Kay:  Is there anything different from the forms you and I worked on
earlier.

Kent

-----Original Message-----
From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com]
Sent: Monday, April 02, 2001 1:32 PM
To: danetta.beaushaw@ps.ge.com
Cc: kent.shoemaker@ae.ge.com; lee.johnson@ps.ge.com;
Stephen.Thome@enron.com
Subject: Enron/Delta Turbine Acquisition

Hi Danetta,

I heard a rumor that you are the one to look at this stuff.  I know that
you recently went through the process in connection with the Fountain
Valley transaction.  I'm happy to serve up those forms to Freshfields if
that makes it is easier for you.

My number is 713 345 7566.

Thanks,

Kay

---------------------- Forwarded by Kay Mann/Corp/Enron on 04/02/2001 12:27
PM ---------------------------

Kay Mann
04/02/2001 10:09 AM

To:   kent.shoemaker@ae.ge.com
cc:   lee.johnson@ss.ps.ge.com

Subject:  Enron/Delta Turbine Acquisition

Hi Kent,

I don't know whether Lee has mentioned the Delta Power deal that we are
working on.  We are taking 4 turbines and putting them in an LLC, and
selling some of the interest in the LLC to Delta Power.  Three of the
turbines are turbines formerally known as LV Co Gen turbines, and we are
buying new LM's to replace the ones we are using here.  In any event, Delta
Power is financing the deal, and they have asked that we get GE sign off on
the attached documents.  Therefore, I would be interested in your response
to the attached.

I understand that Lee is in New Orleans today, but I'll send him a copy
anyway.

Thanks,

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 04/02/2001 10:05
AM ---------------------------

"PARKER, Isabel" <isabel.parker@freshfields.com> on 04/01/2001 05:10:38 PM

To:   "Carolyn Campbell (E-mail)" <CCampbell@KSLAW.com>, "John Keffer
      (E-mail)" <JKeffer@KSLAW.com>, "Kay Mann (E-mail)"
      <kay.mann@enron.com>, "Rick Vicens (E-mail)"
      <rvicens@deltapower.com>, "Gregory F. Lang (E-mail)"
      <gregorylang@paulhastings.com>
cc:   "BURKE, Ted (TDB)" <ted.burke@freshfields.com>

Subject:  Enron/Delta Turbine Acquisition

This e-mail is confidential and may well also be legally privileged. If you
have received it in error, you are on notice of its status.  Please notify
us immediately by reply e-mail and then delete this message from your
system.  Please do not copy it or use it for any purposes, or disclose its
contents to any other person:  to do so could be a breach of confidence.
Thank you for your co-operation.  Please contact our
IT Helpdesk on +44 (0) 20 7936 4000 Ext.2000 or email
ITHelp@freshfields.com if you need assistance.

As discussed during our call earlier this afternoon, please find attached
for onward transmission to GE a draft of (i) the GE Consent and Agreement
and (ii) the GE legal opinion.

Kind regards
Isabel

(See attached file: NY003700033.DOC)
(See attached file: NY003699615.DOC)


---------------------- Forwarded by Karen Denne/Corp/Enron on 06/18/2001
12:25 PM ---------------------------
From: Sherri Sera/ENRON@enronXgate on 06/18/2001 10:49 AM
To: Karen Denne/Corp/Enron@ENRON, Steven J Kean/NA/Enron@Enron, Mark
Palmer/Corp/Enron@ENRON
cc:

Subject: More...

http://boards.fool.com/Message.asp?mid=15193335


CA Manufacturers and Technology Association (CMTA) has continuing customer choice as a key proposal for the state.
-----Original Message-----
From: Geri L. Royer [mailto:groyer@cmta.net]
Sent: Thursday, November 15, 2001 12:44 PM
To: undisclosed-recipients
Subject: Turning California Around

To:        CMTA Members

From:    Gino DiCaro
             Communications Director, CMTA

Date:     November 15, 2001

Re:        Letter to Governor Davis asking him to consider CMTA's proposals

CMTA released at both the Governor's Economic Summit and an Assembly
informational hearing last week its three proposals that will empower
manufacturers to grow and create new jobs.

Please go to: <http://www.cmta.net/turning_california_around/index.shtml>
to see the proposals and download a sample letter to send to Governor
Gray Davis and your local legislator, asking them to seriously consider
these investments in California that will keep and grow jobs and produce
more revenue for the state.  Also fax us a copy of your letter at 916-447-9401
or e-mail at gdicaro@cmta.net <mailto:gdicaro@cmta.net>.

We need as many letters as possible, so please pass along.

Thank You.


Gentlemen,

I'm with EWS Legal, and I'm working with John Llodra (East Power origination)
concerning a confidentiality agreement with Ameresco.  The proposed
transaction is described as follows:

 A potential power plant site development and asset management services
related to the Island End Generation Project, a nominal  365 MW combined
cycle power generation facility, proposed to be located in Everett,
Massachusetts.

The current draft of the CA contains this language:

 From the time of the signing of this Agreement until October 1, 2001 neither
Party shall pursue the Proposed Transaction without  the participation of the
other Party, unless the other Party consents in writing or notifies the other
Party that it does not intend to   pursue the Proposed Transaction.

In accordance with policy, this issue is being submitted to you for your
review.

John can be contacted at 978 449 9936.  My extension is 57566.

Thank you,

Kay

Here is the entire CA:


These are good fixes.  I will take the editorial changes.

On the FERC created SSO argument, I would rather leave that out if possible.  I would rather keep the focus on the fundamentals we are looking for and try to keep this from becoming a legislative language debate paper.

Is that possible?  Can we just be silent on that issue on this paper?

 -----Original Message-----
From: 	Novosel, Sarah
Sent:	Friday, October 26, 2001 1:54 PM
To:	Shelk, John; Yeung, Charles
Cc:	Steffes, James D.; Bestard, Jose; Rodriquez, Andy
Subject:	RE: Enron Support of a Standards Setting Organization

I have some comments, which are attached.  I redlined my changes, and they appear in light blue (there are several red-lined colors in the document).  Many of the changes are editorial, but some are also substantive and are based on our prior position, developed when we were working on legislation, that FERC has to create the SSO.  If we are taking the position in this document that an SSO can be created without FERC, then you may want to delete the references to FERC creating the SSO.  I also included a couple of questions where I thought a statement was unclear.  You may just want to reword the sentence to make it a little clearer.

Let me know if you have any questions.

Sarah

 << File: Enron Principles on Electric SSO.doc >>

 -----Original Message-----
From: 	Shelk, John
Sent:	Friday, October 26, 2001 12:25 PM
To:	Yeung, Charles; Novosel, Sarah
Cc:	Steffes, James D.; Bestard, Jose; Rodriquez, Andy
Subject:	RE: Enron Support of a Standards Setting Organization

	I have reviewed the SSO principles -- look good to me.  Thanks for sending them to look at.

 -----Original Message-----
From: 	Yeung, Charles
Sent:	Friday, October 26, 2001 11:41 AM
To:	Shelk, John; Novosel, Sarah
Cc:	Steffes, James D.; Bestard, Jose; Rodriquez, Andy
Subject:	Enron Support of a Standards Setting Organization

John and Sarah

In the aftermath of the NERC BOT resolutions last week that wraps in business practices under the NERC purview, we are being asked by Nevius and Gent if we are in support of NERC becoming the SSO.

I have drafted a response that outlines what we need from an SSO.  We are not indicating if we support NERC or GISB/EISB - but are seeking the resolution of key fundamentals of an SSO before we sign on.

Per Jim's request, please take a look at the words and let me know if you have any concerns.  I plan to send this to EPSA so they can borrow some of the language for a letter that the EPSA-NAERO working group agreed to send to NERC.  I also will send it to Dave Nevius under Jose and my signature.

 << File: Enron Principles on Electric SSO.doc >>


Once again, Enron employees showed their generosity.

Thanks to everyone who participated in the March of Dimes Raffle, we raised
over $1,750.

The Big Winners in the raffle were:

 Mary Anne Miller - Airline tickets
 Cindy Stark - Compaq PA Personal Audio Player
 Mary Vollmer - Urban Retreat Gift Certificate
 Ben Nguyen - Four Astros Tickets
 John Chang - Four Astros Tickets
 Betty Keenan - Barrington Roller Pen
 Bob McAuliffe - Cutter & Buck Polo Shirt
 Kimberly Nelson - Zippered Portfolio
 Karon O,Gorman - Desk Clock
 Tammy Kovalcik - Laptop Carrying Case
 Lisa Gilchrist - Laptop Carrying Case
 Sharon Farrell - Laptop Carrying Case
 Scott Churbock - Laptop Carrying Case
 Argelia Vallejo - Laptop Carrying Case
 Mike Millwee - Microsoft Office 2000 Professional Software
 Stacy Holtzman - Microsoft Visio2000 Technical Edition Software

Thanks again for supporting March of Dimes!


Opps.  I made an error.  This is a Sep 2000 contract.  I changed the term on
deal from 6/1/2000 - 9/30/2000 to 9/1/2000 - 9/30/2000.


- Der Staat BURRITO.pdf


----- Forwarded by Jeff Dasovich/NA/Enron on 02/20/2001 11:49 AM -----

	Scott Govenar <sgovenar@govadv.com>
	02/16/2001 07:13 AM

		 To: Hedy Govenar <hgovenar@govadv.com>, Mike Day <MDay@GMSSR.com>, Bev
Hansen <bhansen@lhom.com>, Jeff Dasovich <jdasovic@enron.com>, Susan J Mara
<smara@enron.com>, Joseph Alamo <JAlamo@enron.com>, Paul Kaufman
<paul.kaufman@enron.com>, Michael McDonald <Michael.McDonald@enron.com>,
David Parquet <David.Parquet@enron.com>, Rick Johnson
<rick.johnson@enron.com>, Marcie Milner <mmilner@enron.com>, Sandra McCubbin
<Sandra.McCubbin@enron.com>, Tim Belden <Tim.Belden@enron.com>, Rick Shapiro
<rshapiro@enron.com>, Jim Steffes <james.d.steffes@enron.com>, Alan Comnes
<acomnes@enron.com>, Chris Calger <ccalger@enron.com>, Mary Hain
<mary.hain@enron.com>, Joe Hartsoe <Joe.Hartsoe@enron.com>, Donna Fulton
<Donna.Fulton@enron.com>, Steven Kean <Steven.J.Kean@enron.com>, Karen Denne
<kdenne@enron.com>, Beverly Aden <beverly.aden@enron.com>, Bill Votaw
<bill.votaw@enron.com>, Carol Moffett <carol.moffett@enron.com>, Debora
Whitehead <debora.whitehead@enron.com>, Dennis Benevides
<dennis.benevides@enron.com>, Don Black <don.black@enron.com>, Dorothy
Youngblood <dorothy.youngblood@enron.com>, "dblack@enron.com"
<dblack@enron.com>, "emelvin@enron.com" <emelvin@enron.com>,
"ehughes2@enron.com" <ehughes2@enron.com>, "gweiss@enron.com"
<gweiss@enron.com>, "gsavage@enron.com" <gsavage@enron.com>,
"Harry.Kingerski@enron.com" <Harry.Kingerski@enron.com>, "kgustafs@enron.com"
<kgustafs@enron.com>, Mike D Smith <msmith1@enron.com>, "ryang@enron.com"
<ryang@enron.com>, "sgahn@enron.com" <sgahn@enron.com>, "vsharp@enron.com"
<vsharp@enron.com>, "wcurry@enron.com" <wcurry@enron.com>,
"William.S.Bradford@enron.com" <William.S.Bradford@enron.com>
		 cc:
		 Subject: SBX 6 / SBX 33

The Senate did not take up SBX 6 or SBX 33 prior to adjourning for the
long weekend.  The next time the Senate will meet is on Tuesday at 10:00
a.m.  I have attached the most recent versions of both bills.

http://info.sen.ca.gov/pub/bill/sen/sb_0001-0050/sbx1_6_bill_20010215_amended_
sen.pdf

http://info.sen.ca.gov/pub/bill/sen/sb_0001-0050/sbx1_33_bill_20010215_amended
_sen.pdf


---------------------- Forwarded by Ami Chokshi/Corp/Enron on 02/07/2000
04:48 PM ---------------------------

royal_b_edmondson@reliantenergy.com on 02/07/2000 04:45:52 PM
To: ami_Chokshi@enron.com
cc:

Subject:

(See attached file: egmnom-Feb.xls)

 - egmnom-Feb.xls


-----Original Message-----
From: 	McCarroll, Zachary
Sent:	Tuesday, November 20, 2001 1:53 PM
To:	Grigsby, Mike
Subject:	FW: Bloomberg (just in case you haven't read this one)

 -----Original Message-----
From: 	McClain, Jennifer
Sent:	Tuesday, November 20, 2001 1:46 PM
To:	McCarroll, Zachary
Subject:	FW: Bloomberg (just in case you haven't read this one)

 -----Original Message-----
From: 	Ganjoo, Shalesh
Sent:	Tuesday, November 20, 2001 12:22 PM
To:	McClain, Jennifer; Masani, Zal; Freeman, Ben
Subject:	Bloomberg (just in case you haven't read this one)

11/20 11:46
Enron Falls Amid Concern Debt Threatens Dynegy Bid (Update2)
By Stacie Babula
Houston, Nov. 20 (Bloomberg) -- Enron Corp. shares and bonds dropped after the energy trader disclosed debts of $9.15 billion due by 2003, suggesting a takeover by Dynegy Inc. may not happen soon enough to save the company from bankruptcy.
Shares of Enron fell $1.17, or 13 percent, to $7.89 in late morning trading. Enron's 6.4 percent notes due in July 2006 were bid at 77 cents on $1 of face value and offered at 81 cents, down more than 3 percent from yesterday, traders said.
Enron, whose shares plunged 90 percent this year as accounting errors led to earnings restatements, a federal investigation and a management shakeup, said it has less than $2 billion in cash or credit lines. Dynegy plans to complete its buyout by October, and Enron may have to ask its lenders to restructure payment schedules to survive.
``This filing shows that Enron is in a precarious financial situation,'' said Commerzbank Securities analyst Andre Meade, who rates Enron shares `hold' and doesn't own them. ``They have to stay afloat for the Dynegy deal to go through, and that now looks difficult.''
Dynegy agreed Nov. 9 to buy Enron in a transaction now valued at $25 billion in stock and assumed debt. The difference between Dynegy's offer for Enron and the price of Enron shares widened to more than 45 percent from 29 percent yesterday, Bloomberg data show.
``It's become more clear that the chances of this deal going through aren't 90 percent, but much closer to fifty-fifty,'' said Edward Paik, who helps manage the Liberty Utilities Fund, with 1.6 million Enron shares. ``There's just so much information that is unknowable'' about Enron's financial position, he said.
SEC Filing
Last week, Enron Chief Operating Officer Greg Whalley said the company has $8 billion invested in ``non-core'' businesses, including broadband and the Dabhol power plant in India. Whalley said Enron will sell those business to pay down debt. Enron expects to get ``billions'' from the sales, Whalley said, without being more specific.
Enron wouldn't comment on whether it could sell assets fast enough to keep current on its debts. Asset sales valued at about $800 million are expected close by the end of this year, the company said yesterday in its third-quarter filing with the Securities & Exchange Commission.
Most of the $9.15 billion in debt is due before the end of the third quarter, when the Dynegy buyout is scheduled to close, according to the SEC filing.
Dynegy and ChevronTexaco Corp., which owns 26 percent of Dynegy, may have to help Enron win refinancing agreements with its lenders, said Kathleen Vuchetich, who helps manage the $1.4 billion Strong American Utilities Fund, which is 5 percent Dynegy shares.
``I never dreamt (the $9.15 billion in debt due) would be that large, coming due all at once,'' Vuchetich said. ``It calls into question their decision to schedule it that way in the first place.''
Enron yesterday reduced third-quarter results by 3 cents a share, bringing the period's loss to 87 cents, or $664 million, according to the SEC filing. On Nov. 8, Enron lowered earnings back to 1997 by $586 million to reflect losses by affiliated partnerships that were wrongly kept off the books. That included a third-quarter reduction of $17 million.
A drop in Enron's senior unsecured debt rating to ``BBB-'' by Standard & Poor's on Nov. 12 may force Enron to pay off a $690 million note by Nov. 27 if it doesn't find collateral to guarantee the debt taken on by an affiliated partnership, the company said in the filing.
Without repayment or collateral, investors in a partnership that owns Brazilian natural-gas assets can begin to liquidate the partnership's assets, Enron said. The company said it's working with lenders to come up with an acceptable agreement on the debt.
Enron used affiliated partnerships to raise money quickly and take debt off its books. Its shares plunged this year as investors questioned whether the partnerships also were being used to hide losses from failed investments.
Chief Executive Officer Kenneth Lay said last month that buying back 62 million shares from two such partnerships cost Enron shareholders $1.2 billion in lost equity.
Fourth Quarter
Making good on debt owed by its Whitewing affiliated partnership may cut Enron's fourth-quarter earnings, Enron said. Enron is obligated to back Whitewing by issuing junior convertible preferred stock. Because Enron's stock has plunged, it may have to write down its assets by $700 million, the filing said.
ChevronTexaco, the second-largest U.S. oil company, is providing $2.5 billion in cash as part of the Enron buyout. It provided the first $1.5 billion a week ago.
Shares of ChevronTexaco, based in San Francisco, rose $2.51 to $84.42 in midmorning trading. Dynegy fell 50 cents to $43.05. Dynegy and Enron are both based in Houston.
Enron's Lay admitted last week that failed investments and a loss of investor confidence forced the sale to Dynegy. Before the buyout was announced, Enron stock had fallen 90 percent this year.


Michelle / Robert,

What is the status of Dave Parquet's Employment Agreement?  Can either of you give me an update?

Julie Kearney
ENA Human Resources
Direct Line:  503) 464-7404
Cell Phone:  503) 701-5671
julie.kearney@enron.com


According to the International Coal desk, the three brokers that have expressed interest are:

-	TFS
-	GFI
-	NatSource

Apparently the desk is not as enthusiastic about NatSource from their perspective, though they would be happy to see the other two getting access.

Let me know if I can further assist.

Thanks,
Paul


As far as your email questions, my responses are following:

1.  The list I have provided you is the only list that exists on financial
counterparties.  There is no Excel spreadsheet to follow.
2.  Duke Energy Corporation.  At Mark's direction, I am sending his note
below regarding utilities.  Again, until we do the due diligence on a utility
counterparty we have no way of knowing what kind of local, state or federal
regulation or approvals they may be subject to.   We currently have masters
in place with only about 10 utilities/govt's.  We are in the process of
negotiating another 30.  Until those masters are executed and we have the
relevant resolutions, authority documents and/or legal opinions, I cannot
approve them for online trading.  I have made every effort to search company
websites and elicit from Credit whether a counterparty is a regulated utility
or not.  If I cannot tell by the information available to me, additional due
diligence will be needed to see if they are subject to local, state, or
federal regulation.   Mark can override any decision I have made, I can only
make decisions within the guidelines the attorneys have set for me.
3.  Montana Power Trading and Marketing Company is a subsidiary of a
regulated utility.  I am unable to determine from Credit or their website
what type of regulation they might be subject to.  The note is true that
Credit says they are getting out of the business anyway.
4.  Petrotemex.   Per my conversations with Mark and our advice from counsel,
unlike U.S. and U.K. counterparties, Mexican counterparties are not able to
enter into derivative transactions unless their articles and bylaws
specifically provide for these types of transactions.  We will not know this
until the due diligence is completed, so I am supposed to say "no" for
Mexican counterparties we do not have a master swap agreement in place with.
5.  PSEG. It is an energy services company; however, it is also not an
eligible swap participant (or "ESP").  CFTC regulation limits the derivatives
trading we may do to certain types of counterparties that meet certain
financial requirements (large, institutional type investors, companies,
banks, etc).  Corporations and partnerships have to meet certain net worth
and asset levels or we cannot trade financially with them.  Whenever I say
"not ESP" or "not eligible swap participant" it means they have not met the
financial net worth test.
6.  The American Coal Company.  See prior note.

---------------------- Forwarded by Tana Jones/HOU/ECT on 10/13/99 04:21 PM
---------------------------

	From:  Bob Shults                           10/12/99 10:15 AM

To: Tana Jones/HOU/ECT@ECT
cc:
Subject: Online Derivatives Trading with Regulated Utilities

Does this mean that we have 10 utilities that are approved to trade?  What
are we doing with the other 30-40?
---------------------- Forwarded by Bob Shults/HOU/ECT on 10/12/99 10:14 AM
---------------------------
To: Louise Kitchen/LON/ECT@ECT
cc: Tana Jones/HOU/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT, William S
Bradford/HOU/ECT@ECT, David Port/LON/ECT@ECT, Bob Shults/HOU/ECT@ECT, David
Forster/LON/ECT@ECT, Sara Shackleton/HOU/ECT@ECT
Subject: Online Derivatives Trading with Regulated Utilities

We have not decided "to prevent any regulated utility from completing any
financial transactions" online.  If we have already satisfactorily concluded
the necessary due diligence with respect to a particular utility, they will
be approved.  It is only with respect to those utilities which have not yet
been researched that we are withholding approval.  The due diligence required
involves asking the utility for certain information concerning their
organization and regulatory situation, hiring local counsel in the relevant
state and having research done into the laws and regulations in place there
and into any public utility commission orders respecting the particular
utility in question, and on occasion requesting an opinion letter from the
utility's counsel.  We usually begin that process only when a trader believes
there is a likelihood of a sufficient volume of trading with the utility to
justify the time and expense.  FYI, the due diligence process has in the past
revealed circumstances which prevented the utility from trading derivatives
or required actions to authorize such trading which had not been taken.

A recent count showed about 10 executed master agreements and another 30 to
40 in one stage or another of the due diligence/negotiation process.

Louise Kitchen
10/06/99 02:46 PM
To: Mark E Taylor/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT
cc: Debbie R Brackett/HOU/ECT@ECT, William S Bradford/HOU/ECT@ECT, David
Port/LON/ECT@ECT, Bob Shults/HOU/ECT@ECT, David Forster/LON/ECT@ECT
Subject: Customer Data

On Friday we will be receiving the remaining customer list from credit, due
to the timescales I am asking for turnaround on the customer matrix and
master agreement review by the end of play Tuesday 12th October.

Any problems with this please notify me immediately as we are now running up
against very tight deadlines in terms of getting all of the information in
the system for the launch schedule.

Thanks

Louise

Mark,
On another note we are requesting a review of the blanket decision which has
been made to prevent any regulated utility from completing any financial
transactions, if we are not prepared to do the due diligence on which ones
can transact and which ones can not - is this our responsibility or theirs?
ie their decision whether to trade or not.
Louise


Start Date: 2/2/02; HourAhead hour: 4;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002020204.txt


Guys, can you help Phillip out with this, I assume this has something to do
with the 20/20 deal.  I believe a reserve should have been set up for this
payment which was only designed to ensure that the transaction was accretive
to NBPL.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 10/31/2000
04:02 PM ---------------------------

	From:  Phillip K Allen                           10/31/2000 03:00 PM

To: David W Delainey/HOU/ECT@ECT
cc: John J Lavorato/Corp/Enron@Enron
Subject:

Dave,

The back office is having a hard time dealing with the $11 million dollars
that is to be recognized as transport expense by the west desk then recouped
from the Office of the Chairman.    Is your understanding that the West desk
will receive origination each month based on the schedule below.

 The Office of the Chairman agrees to grant origination to the Denver desk as
follows:

October 2000  $1,395,000
November 2000 $1,350,000
December 2000 $1,395,000
January 2001  $   669,600
February 2001  $   604,800
March 2001  $   669,600
April 2001  $   648,000
May 2001  $   669,600
June 2001  $   648,000
July 2001  $   669,600
August 2001  $   669,600
September 2001 $   648,000
October 2001  $   669,600
November 2001 $   648,000
December 2001 $   669,600

This schedule represents a demand charge payable to NBP Energy Pipelines by
the Denver desk.  The demand charge is $.18/MMBtu on 250,000 MMBtu/Day
(Oct-00 thru Dec-00) and 120,000 MMBtu/Day (Jan-01 thru Dec-01).  The ENA
Office of the Chairman has agreed to reimburse the west desk for this expense.

Let me know if you disagree.

Phillip


Sounds like Goldman has a pretty low opinion of Dupont's management.  not
surprising.....


Thanks, Mark.  Sounds good.  As it turns out, there is a very slight chance
that I might be on the panel in California with Prof. Littlechild.  I'll take
you/him up on the offer to get together while he's here.

Best,
Jeff

	Mark Schroeder@ECT
	10/20/2000 04:48 AM

		 To: Jeff Dasovich/NA/Enron@Enron, Nicholas O'Day/AP/Enron@Enron
		 cc:
		 Subject: Fw: retail competition in electricity

Professor Littlechild has written a peper on the importance of retial markets
(being open) to the development of a well-functioning liberalised/deregulated
energy market, i.e., wholesale markets alone to suffice.  As it turns out,
Paul Dawson and Chris Day of my team here in London have reviewed and
commented on earlier drafts of this paper.  We have paid for none of his
research, and there will be no explicit recognition of Enron support for the
work.  However, Littlechild, as Jeff already knows, has been asked to present
his paper to a seminar/conference in California, and to a Tokyo research
institute.  Much of his travel is paid for, but he was not being compensated
for his time in making these trips.  Given that his message is one we want to
get out into the marketplace of ideas, I have agreed to pay him for one day
of his usual professional rate/fees, each, for San Francisco and Tokyo.  In
turn, he has offered to come into our offices (your offices) to meet with
you, discuss his research, and to learn more about your business and your
issues.  May i suggest that if you are interested, and I think this is a
worthwhile way to exchange ideas/views, that you just contact him directly,
referencing that you work with me and I passed along his offer.  I will be
sending to each of you a copy of a monograph I have on the paper (I am not
sure if it is the full piece of work) for your information and future
reference.  Nick - after meeting him, you might inquire as to whether you can
publish his paper on your Japan web-site.  thanks and let me know if you need
any more information.   mcs
---------------------- Forwarded by Mark Schroeder/LON/ECT on 20/10/2000
10:42 ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "Stephen Littlechild" <littlechild@tanworth.mercianet.co.uk>
                17/10/2000 11:02

To: "Mark Schroeder" <mark.schroeder@enron.com>
cc:

Subject: Fw: retail competition in electricity

Dear Mark

Sorry to keep pressing you, but I am not sure whether you received this
message and whether the proposed support is acceptable to you.  I received
only your subsequent comment that VAT is no problem.  I need to give an
answer to Berkeley and Tokyo before I leave in a few hours time.
Regards
Stephen
----- Original Message -----
From: Stephen Littlechild <littlechild@tanworth.mercianet.co.uk>
To: <Mark.Schroeder@enron.com>
Sent: Wednesday, October 11, 2000 2:14 PM
Subject: Re: retail competition in electricity

> Dear Mark
>
> Thanks for the very helpful quick word last night. I welcome your support
to
> make it possible to give the talks at Berkeley and in Tokyo.
>
> You asked for details of the second event. The organiser is Katsuhiko
> Suetsugu and the event is a Symposium on Electric and Gas Competition
> Policy, November 27. I am forwarding to you a copy of the invitation that
> sets out the details. It mentions that FERC comissioner Bill Massey has
been
> invited and I understand that he has now accepted.
>
> KH has also arranged for me to speak at a breakfast meeting the next day
of
> The Tokyo Energy Policy Club (TEPC).  "This is an informal, private group
> with eighteen members consisting of senior executives and experts in
energy
> and related fields in Japan.  TEPC was formed in February 1999 and is
> co-hosted by Mr. Yoshihiro Sakamoto, President of the Institute of Energy
> Economics of Japan and myself.  The objective of TEPC is to provide the
> members with opportunities to meet and exchange views with leaders of
> international communities for energy, environment, international currency
> and security."
>
> As regards support for the two trips, I explained to you that I have some
> offers of contributions to travel expenses, in whole or part,  for each
one,
> but there are no fees for these talks, and the time necessary to travel
and
> deliver them would be significant.  This would especially be the case if I
> combined them, which would be necessary to cover total travel costs to SF,
> but then I face additional accommodation costs in between, and more
> importantly "dead time" for almost three weeks. Anyway, these are my
> problems, but I think it would make it possible for me to accept the
> invitations if Enron were to provide some support.  How about the
following:
> commissioning two days of advice/discussions, one each in San Francisco
and
> Tokyo, at my standard commercial rate of o3000 pounds sterling per day,
> total o6000. I don't need to take up your colleagues' time to this extent,
> but a discussion with them would be useful to fill in the picture. Perhaps
> you would let me have their names and contact addresses. As you said, we
can
> talk later about possible longer term arrangements.
>
> As agreed, I am posting you a hard copy of my paper. You have the original
> on my previous email (the one below) but in case you would like to see the
> nature of my argument I am attaching here the two page summary.
>
> I look forward to hearing from you.
> With best wishes
>  Stephen
> ----- Original Message -----
> From: <Mark.Schroeder@enron.com>
> To: <littlechild@tanworth.mercianet.co.uk>
> Sent: Friday, September 22, 2000 9:21 AM
> Subject: Re: retail competition in electricity
>
>
>
>
> Enron is interested in supporting your work, but I need to discuss it
> further with you.  I am travelling the next 9 working days.  I could reach
> you from my travel, but if you receive this today (Friday, 22/9), please
> call me in London at 020 7783 6664.  I look forward to hearing from you.
> thank you  Mark Schroeder
>
>
>
>
>  (Embedded     Enron Capital & Trade Resources Corp.
>  image moved
>  to file:      From:  "Stephen Littlechild"
>  pic16827.pcx) <littlechild@tanworth.mercianet.co.uk>
>                08/09/2000 10:00
>
>
>
>
>
>
> To:   "Ralph Hodge" <ralph.hodge@enron.com>
> cc:   "Mark Schroeder" <mark.schroeder@enron.com>, "Kyran Hanks"
>       <Kyran.Hanks@enron.com>
>
> Subject:  retail competition in electricity
>
>
>
> Dear Ralph
>
> I have just written a paper on retail  competition in electricity, arguing
> that Joskow, Hogan and Ruff, and California,  have got it all wrong, both
> in theory and in practice. It is forthcoming  shortly in the DAE and Judge
> Institute working paper  series at Cambridge, but I thought you might like
> to see a copy now  (attached).
>
> This is obviously a hot issue in California at  present, and this morning
I
> received an invitation to  participate in a debate there in November
(copy
> forwarded separately). It seems that Enron is also to be invited. I have
> no other commitments in the US at that time. Is is something that Enron
> might be interested in supporting, or for that matter developing  further?
>
> We spoke some time ago about the Common Carriage  Consultative Working
> Group at Ofwat. I did in fact aprticipate in that, along  with Kyran
Hanks.
> It was a real eye-opener, to see how little awareness there  was of the
> basic conditions conducive to competition, like separate businesses  and
> accounts. I'm not sure whether Enron is pursuing this now or not. No
> doubt lots of other things going on.
>
> I should be interested to hear from you on retail  competition. I am
> copying this to Mark Schroeder and Kyran.
>
> With regards
>
> Stephen
> (See attached file: Summary 22Aug2000.doc)
> (See attached file: Why we need electricity retailers 22Aug00.doc)
>
>
>
>


I am not available at that time.   I have 2 meetings already scheduled for
that time/day.

Daren


I got no new partner, I;m a solo act.  Bid Week?  Crazy as usual.


BEEP stack is the supply curve for real-time energy that the ISO develops on
the basis of bids and offers.  The problem is that the plants the ISO
ultimately dispatches from the stack often conflict with the merit order
developed from the bids/offers, and the ISO has never been clear about the
decision metrics it uses to determine ultimate dispatch.  Everyone, including
Belden, thinks it can and ought to be a helluvalot more transparent.


Sally - if you need additional data let me know.  As Torrey notes it looks as though the recent media reports have had no impact on the financial trading activity.  Thanks, Leslie
-----Original Message-----
From: Moorer, Torrey
Sent: Monday, October 22, 2001 8:17 PM
To: Reeves, Leslie
Cc: Richter, Brad; Puthigai, Savita; Denny, Jennifer
Subject: Transaction Data for Select Counterparties

Hi Leslie,

As per our conversation, I have attached the graphs and trend data for the "top ten" counterparties. These graphs and data represent the EOL deal counts for each counterparty, by business day, since 9/24 and are based on Activity Reports run from the EOL database.

The trends are great, as all of the major financial counterparties are either doing business as usual, or actually increasing their activity with us slightly.

I will be in the office by 7AM tomorrow, so please feel free to contact me if you have any questions.

Thanks,

Torrey Moorer
EnronOnline Product Control Group
(713) 853-6218


I put a file in your folder.  Hope it helps with the UA4.

Dave


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Please go ahead with preparation of the talking points.  I'll give Ken a
heads up.
---------------------- Forwarded by Steven J Kean/HOU/EES on 08/14/2000 08:52
AM ---------------------------

Richard Shapiro
08/10/2000 06:11 PM
To: Steven J Kean/HOU/EES@EES
cc: Chris Long/Corp/Enron@ENRON
Subject: CFTC Reauthorization

I agree w/ chris's recommendation- you too?
---------------------- Forwarded by Richard Shapiro/HOU/EES on 08/10/2000
06:10 PM ---------------------------

Chris Long@ENRON
08/10/2000 05:12 PM

To: Mark E Haedicke/HOU/ECT@ECT, Steven J Kean/HOU/EES@EES, Richard
Shapiro/HOU/EES@EES, Mark Taylor/HOU/ECT@ECT, Joe Hillings/Corp/Enron@ENRON,
Cynthia Sandherr/Corp/Enron@ENRON, Tom Briggs/NA/Enron@Enron
cc: raislerk@sullcrom.com, Allison Navin/Corp/Enron@ENRON
Subject: CFTC Reauthorization

At his request, I met Lee Sachs, Assistant Treasury Secretary, who had
requested the meeting after a brief conversation recently.  Lee said that
senior-level negotiations led by Secretary Summers were initiated last week
between the CFTC and SEC and that progress was being made on the single stock
futures issue (the major issue postponing movement of the legislation).

As you know, the House completed committee work on HR 4541 before it
recessed.  The bill will now is pending before the Rules Committee where
differences will be worked out between the three different Committee versions
(Agriculture, Commerce, and Banking).  The Senate Agriculture Committee
passed out the Senate version in July.  However, the bill is not moving
quickly in the Senate due to Senator Phil Gramm's desire to see significant
changes made to the legislation (not directly related to our energy
language). Last week at the Republican Convention, I asked the Senator about
the bill and he said they were working on it, but much needs to be changed
for his support.  More telling perhaps, were Wendy Gramm's comments that she
would rather the current bill die if a better bill can be passed next year.
What this means is that we must, at the least, remove Senator Gramm's
opposition to the bill to move the process and more importantly seek to gain
his support of the legislation.

Lee Sachs message was just that.  I told Lee that we shared his desire to
move the legislation as long as it contains a full exclusion for all
non-agriculture commodities (including metals).  He said that we would have a
difficult time defending the metals provision politically. But, Lee said  "we
would not find Treasury opposition to the House Commerce Committee language"
(which includes favourable language on energy and metals).   This is a
positive development, because it isolates the CFTC from its key defenders and
I hope ensures no veto threat on our issues.  However, I do not expect
Treasury to be vocal in support of our position.  It is clear that
Congressional leaders and the Administration want to get this bill done this
year and there remains a good opportunity for enactment.

However, with less than 20 or so legislative days left, we need Senator Gramm
to engage.  A call from Ken Lay in the next two weeks to Senator Gramm could
be an impetus for Gramm to move his staff to resolve the differences.  Gramm
needs to fully understand how helpful the bill is to Enron.  Let me know your
thoughts on this approach.   I am prepared to assist in coordinating the call
and drafting the talking points for a Ken Lay/Sen. Gramm call.


Please see the attached memo from Jeff and Ken.


Mill Run ErrDev is loaded.

The following Turbines are missing:

Jan 22 - #1
Jan 24 - #7
Feb 11 - #1, 5, 9
Feb 8 - #4

Turbine #8 for all of January and most of February had to be rebuilt.  The
most recent ErrDev files from Turbine #8 are good so the problem has been
corrected.

---------------------- Forwarded by Patricia Hunter/EWC/Enron on 03/29/2002
11:08 AM ---------------------------

Patricia Hunter
03/27/2002 11:08 AM
To: Mark Fisher/EWC/Enron@Enron
cc: Jeff Marecic/EWC/Enron@Enron, Hollis Kimbrough/EWC/Enron@ENRON

Subject: Somerset ErrDev

The first loading of ErrDev is complete.   All of the ErrDev for Somerset
have been loaded (29,334 records).  Many duplicates were rejected.

I will be anxious to know if the data in the table meets your needs.

I am working on Mill Run ErrDev as I write this email.


Hi Jeff. Yes I did book UA862 and UA005. Also, the enron rate at the W hotel
is 269.00 and the largest bed they have is Queen. Will that be okay?
cynthia

> ----------
> From:  Jeff.Dasovich@enron.com[SMTP:Jeff.Dasovich@enron.com]
> Sent:  Monday, July 30, 2001 4:42 PM
> To:  cynthia.biggs@travelpark.com
> Cc:  Joseph.Alamo@enron.com
> Subject:  RE: New booking request for Dasovich, Jeff
>
>
> Thanks Cynthia.
>
> Could you please try the W (since I know that one) and let me know as soon
> as possible?  Greatly appreciated.
>
> And I'll go ahead on the frequent flyer miles.  I'm assuming that the
> ticket you booked for me (is the one that leaves SF on 8/2 at 9:15 AM and
> returns from NYC on 8/5 at 4:15 EDT)?
>
> Thanks again.
>
> Best,
> Jeff
>
>
>
>
>                     Joseph Alamo
>
>                                          To:     Jeff Dasovich/NA/Enron
>
>                     07/30/2001           cc:
>
>                     03:36 PM             Subject:     RE: New booking
> request for
>                                          Dasovich, Jeff
>
>
>
>
>
>
>
> Jeff, please read carefully (from our travel agent in Houston):
>
> ---------------------- Forwarded by Joseph Alamo/NA/Enron on 07/30/2001
> 01:36 PM ---------------------------
>
>
> Cynthia Biggs <cynthia.biggs@travelpark.com> on 07/30/2001 01:31:04 PM
>
> To:   "'Joseph.Alamo@enron.com'" <Joseph.Alamo@enron.com>
> cc:
>
> Subject:  RE: New booking request for Dasovich, Jeff
>
> Hello there. I have made reservations for Jeff. If he is wanting to use
> frequent flyer mileage for the other ticket, the number to call is
> 800-421-4655 then press 4. I made those kind of reservations one time, and
> the airline agent screwed them all up and ended up being the biggest
> headache for me, so I don't touch them any more. Also, the waldorf towers
> and waldorf astoria both are sold out for those days. Does he have a
> couple
> of other choices? Enron's preferred hotels are: Drake, Hilton and Towers,
> Intercontinental, Loews Metropolitan, Millennium Broadway, Millennium
> Hilton, New York Palace, Penninsula, Plaza, St Regis, and W hotel. Let me
> know if you want me to check any of those.
>
> thanks
> cynthia
>
>
>
> > ----------
> > From:         Joseph.Alamo@enron.com[SMTP:Joseph.Alamo@enron.com]
> > Sent:         Monday, July 30, 2001 3:01 PM
> > To:           Cynthia Biggs
> > Subject:           New booking request for Dasovich, Jeff
> >
> >
> > Please book for me:
> > Two (2) bookings for Thursday, 2-August on UNITED #862
> > departs SFO to JFK @ 9:15 a.m. and the return would be on 5-Aug on
> UNITED
> > #5 departs JFK @ 4:15 p.m. to SFO.
> > The name on the second booking would be "Prentice Sellers."  Please use
> > his
> > United "Mileage plus miles"
> > (number is 369 321 854) for hers.
> >
> > Please also book them @ the Waldorf Towers (100 - East 50th Street, NYC)
> > (do we have a corp. rate with them??)
> > for three (3) nights the usual King bed preferred/non-smoking room,
> > preferably.
> >
> > Due to our recent e-mail "issue", please call me as well as sending me
> the
> > booking info via e-mail (sorry!).
> >
> > (I'm being converted to Outlook sometime this week so I *may* have more
> > e-mail "issues" again!!!!! UGH!)
> >
> > Thanks a heap!!
> > Joseph Alamo
> > (415) 782-7841
> >
> >
> >
> >
> > **********************************************************************
> > This e-mail is the property of Enron Corp. and/or its relevant affiliate
> > and may contain confidential and privileged material for the sole use of
> > the intended recipient (s). Any review, use, distribution or disclosure
> by
> > others is strictly prohibited. If you are not the intended recipient (or
> > authorized to receive for the recipient), please contact the sender or
> > reply to Enron Corp. at enron.messaging.administration@enron.com and
> > delete all copies of the message. This e-mail (and any attachments
> hereto)
> > are not intended to be an offer (or an acceptance) and do not create or
> > evidence a binding and enforceable contract between Enron Corp. (or any
> of
> > its affiliates) and the intended recipient or any other party, and may
> not
> > be relied on by anyone as the basis of a contract by estoppel or
> > otherwise. Thank you.
> > **********************************************************************
> >
>
>
>
>
>
>


I will be out of the office on Monday, January 14th; back in the office on Tuesday January 15th.  If you need assistance, please contact Esther Dasilva at (713) 853-5789 or at esther.dasilva@enron.com     Thanks!

Craig