Since we are suppose to be using IT, I would say Doyle's cashout should be
$7.611, the IT buy in zone 6.  You sure are a buddy, why don't you send me an
updated doyle sheet?

Media Inquiries: Chris Stockton
                 (713) 215-2010
Other Inquiries: Rates Department 1-800-248-0404  Option #7
January 29, 2001

To:  Transcontinental Gas Pipe Line Corporation Customers
     and Shippers

Re:  Cash Out Indices - January 2001

    FT                   AVG.          BUY        SELL
  ------                ------        ------     ------
  Zone 1                8.6360        7.0600     9.6350
  Zone 2                8.6855        7.0650     9.7200
  Zone 3                8.7350        7.0700     9.8050
  Zone 4                8.7770        7.1045     9.8518
  Zone 5                8.9588        7.2537    10.0546
  Zone 6                9.1100        7.3778    10.2232

    IT                   AVG.          BUY        SELL
  ------                ------        ------     ------
  Zone 1                8.6360        7.0600     9.6350
  Zone 2                8.6855        7.0650     9.7200
  Zone 3                8.7350        7.0700     9.8050
  Zone 4                8.8089        7.1364     9.8837
  Zone 5                9.1064        7.4013    10.2022
  Zone 6                9.3432        7.6110    10.4564

   FTG                   AVG.          BUY        SELL
  ------                ------        ------     ------
  Zone 1                8.6360        7.0600     9.6350
  Zone 2                8.6855        7.0650     9.7200
  Zone 3                8.7350        7.0700     9.8050
  Zone 4                8.8300        7.1575     9.9048
  Zone 5                9.2046        7.4995    10.3004

                         AVG.          BUY        SELL
                        ------        ------     ------
  FTNT                  8.7580        7.1200     9.7700

For information concerning cash out transactions, please contact
Orie Harris at (713)215-4390.

Stella Yu
Manager - Rate Systems
(713)215-3381


Enron AVAYA (formally Lucent Technologies) PBX & VoiceMail Outage for Enron
Center South Conversion

Due to the outstanding efforts of our ENRON and AVAYA teams, we were able to
complete both Phase I and Phase II of the project this past weekend.  There
will be NO PHASE II TELEPHONE OUTAGE scheduled for this weekend.

Thank you for your cooperation.

==========================================================

Systems:
Enron Downtown Houston AVAYA Telephone & VoiceMail Systems

Affected Users:
All Enron Houston Downtown Telephone and VoiceMail Users

System Outage Duration: PHASE II
Enron Building, 500/600 Jefferson and Pennzoil April 6, 2001, 10:00PM - April
7, 2001, 4:00AM

Summary:

PHASE II  April 6, 2001

Enron Building, 500 Jefferson, 600 Jefferson and Pennzoil Enron telephone
systems, including ALL voicemail users, will be totally out of service
beginning Friday evening, April 6th.  The outage will begin at 10:00 PM on
Friday evening. The systems will be out of service until approximately 4:00
AM, Saturday morning, April 7th.


Following the discussions I have had with Louise and Jay, this is the proposed solution to the interest rate risk management in NEWCO.

1. For the first few weeks ( to a few months) we continue to use Infinity to update the curves at 2 PM. I will need to have one trader to execute, mark curves and do any deals for foreign exchange (Cd$ etc.). Louise, I hope you have this in your budget and headcount. I will need one junior trader(and maybe two as things grow) to help do this job.  I have lined up one of the guys in the old trading desk, if this goes forward.

2. In the first few weeks, Jay Webb and myself are hoping to acquire a lighter, and much simpler interest rate package which will allow us to do what we do, with significantly lower costs. We also will re-design the way we aggregate interest rate risk in the commodity books, to make it simpler and easier. To ensure there is no more discussion ever of drift-reallocation, I propose a method where, every desk head gets back his complete interest rate portfolio drift every month or quarter (less any transaction expenses ).  I would expect that, the interest rate curve shift will be small till we build a somewhat longer dated portfolio, while the drift could start becoming substantial pretty quickly (as we start making money).

Hope this answers the questions. We will have the curves at the right time, done by the trading group. We will still measure and manage our own exposure to both interest rates and currencies.  We intend to allocate small VAR to that risk management. We would deal primarily with one or two counterparties - the parent bank and a couple of futures brokers to manage the risk.

Just to be very clear, while I am happy to manage this risk (with extra help), I am primarily  interested in the running of power options and structured products.

Harry

PS - I cant find Jeffrey Gossett in the email system, Stacey can you forward the email to him ( I dont know if he is an Ene employee)

 -----Original Message-----
From: 	Kitchen, Louise
Sent:	Monday, January 07, 2002 2:25 PM
To:	Gossett, Jeffrey C.; Arora, Harry; Webb, Jay
Cc:	Lavorato, John
Subject:	RE: Interest Rates

Harry/Jay, can you help come to some conclusion on this.

 -----Original Message-----
From: 	Gossett, Jeffrey C.
Sent:	Monday, January 07, 2002 12:49 PM
To:	Lavorato, John; Kitchen, Louise
Subject:	Interest Rates

John/Louise -

Given that under the current plan, the bank will be trading our interest rate risk,  I doubt we are taking an interest rate trader to Newco.  In order to get the books run we will need an interest rate curve.

Should I plan on just getting access to Reuters and setting a curve off of LIBOR on my own?

Jeff


Shirley,

Please, add the date at the right place.

Vince


Please join Mark Fischer, Tom Alonso, and Elliot Mainzer for a bag lunch on
Monday, 2/12 at 12:00 pm in Mt Hood to learn more about available
opportunities on the floor.

If you have any questions, please let me know.

Thanks!
Amy


Can you please give Sara the NYMEX numbers to review while Mark and I are
out.  Thanks!


Hi Amber.  I have misplaced my truequote ID and password and I would like to
start looking at the system (finally).  Is there any way you could send me my
info again?  Thanks, Tori.


Thought you would find this guy's FX write-up interesting today...

From: Michael F McGuinness on 06/20/2002 10:09 AM

Simple thoughts.....

US assets get sold... (mostly equities).... and then the USD is sold.....

It's not the other way around.

The world is losing confidence.  Everyday we get more terrorist activity around

the world. (sorry Reuters.... it's terrorism....)

 Uncertainty is higher...... Risk is higher...... People around the world want

their money close to home. So off they go to sell their investments here in the

States, sell the USD and buy their home currency.

US April trade deficit came in at $35.94 bln..... a record. Here's the part

that's amazing..... the trade imbalance in goods.... US deficit in goods

only.... $39.92 bln..... $40 bln goods imbalance in just one month....

And where are we importing from.....

China.... $7.55 bln and this is a natural phenomena since about any product

sold these days under $100 in the US these days is made in China......

compliments from Mark....  China has a competitive advantage, and trade rules

will dictate that goods will originate from China until the cost structure

adjusts...... say in 25 years......

Western Europe...... $7.244 bln..... yeah the standard of living in Europe must

be the same as China....... with higher short term rates in Europe..... growth

in many industries in Europe is from the US. How can anybody in Brussels think

that a trade surplus with the US almost equal to China's (and one that is

larger than Japan's...) is a proper economic condition.......   As I said on

Tuesday.... I believe that the purchasing power parity level for the EUR is up

over $1.0800. (this is based on some long term thoughts.... that the old DEM

for PPP was 1.80 against the USD....)

The EUR is undervalued by 12.5%. That's why I think it's funny that European

politicians and the press feel that the EUR is strong up here the .9500 - .9600

area.

If a few people in the Bush administration start thinking that the US trade

picture needs to change...... you may have heard the last utterance of anyone

saying they want a strong USD.......

The US current account deficit in Q1 2002 was $112.5 bln....  So the US has to

attract $37.50 bln per month to keep this in balance......   to do so either

asset prices need to go lower or the USD has to go lower......  both is

happening.....

Well, the US trade deficit is getting closer to 4.5%  of GDP.  Just the

deficit.... and just extrapolate that for the CA deficit.......

So the EUR just popped up over .9600 and a boatload of stops were just done

into the .9625-30.  And now will have settled in at .9610. There are no

retracements in the EUR, just quiet periods of consolidation.

Until we get a screaming need to own US equities..... there appears to be no

need to own USD, and no retracement of the EUR.

Japan's trade surplus with the US..... $6.8 bln.  The game continues.....

USD/YEN 123.50 and no Bank of Japan...... I think, it would not be in the best

interest for the Japanese to be seen intervening right after this monster of a

trade deficit.

Japan overnight announced that their May trade surplus rose 715% y/y.......

Anything that climbs over 700 % is not normal...... most of Japan's trade

surplus with the rest of Asia rose 626%......

But every month,  Japanese authorities will need to vacuum up about $7 bln USD

just to keep the YEN stable against the USD,  as the current imbalance in trade

creates pressures for a firmer YEN.......  Who knows, maybe  a few voices in

Asia could clamor....  that the YEN is too weak.....

Bank of Japan foreign reserves in USD is over $400 bln these days and climbing,

(I think $406 bln in April and $419 bln in May)........ Maybe Japan will

someday dollarize........

Canada's trade surplus with the world is up 11.0% to $5.2 bln. Automotive

exports... the key.  The CAD trade surplus with the US was $8.2 bln and a

deficit with the rest of the world at $3.0 bln. (The US commerce department has

the CAD surplus at $4.1 bln....)

SGD at 1.7775.... firmest level since last October. It's moving on it's own, no

sympathy move with the YEN.... so either the YEN has to play catch-up or the

YEN is going to weaken against the rest of Asia....

Thai baht is also firm at 42.00 against the USD.  Korean won still at 1210.

Asia definitely looks better with the US trade deficit.

Venezuelan bolivar a record low at 1305 to the USD, since May 1 the VEB has

devalued 52%.   Not much more to say.....

Everyone have a great day....... the above thoughts are for your reading

pleasure. Any questions call me. All the best.

This publication is for information only and the comments and forecasts are

intended to be of a general nature as of the date of issue. The above

commentary is not to be construed as an offer to buy or sell investments.

American Express Bank Ltd., whilst considering the contents to be reliable,

takes no responsibility for any individual investment decisions based thereon.


Sure let me know a time.

 -----Original Message-----
From: 	Stoler, Lou
Sent:	Friday, August 10, 2001 12:34 PM
To:	Perlingiere, Debra
Subject:

Hi Debra...i need a little advice/help on the credit provisions of a Master...Steve says you are the expert...would you have a little time to spare this afternoon.please   ..i am under the gun on something

Lou Stoler


Janet and Ben,

Ben now has signature authority up to $250,000.

Let me know if you have any questions,

Kay


fyi
---------------------- Forwarded by Robert E Lloyd/HOU/ECT on 07/31/2000
09:36 AM ---------------------------
From: Robert E Lloyd on 07/31/2000 09:19 AM
To: Pat Clynes/Corp/Enron@ENRON
cc:
Subject: Re: Industrials

The file requested for July  had previously been prepared by Julie Meyers
which I was ask by you to keep updated.

    This file was prepared before I left for vacation, as requested. Please
see the attached file.

	Enron North America Corp.

	From:  Pat Clynes @ ENRON                           07/31/2000 08:58 AM

To: Robert E Lloyd/HOU/ECT@ECT
cc: Daren J Farmer/HOU/ECT@ECT, Gary A Hanks/HOU/ECT@ECT
Subject: Re: Industrials

Robert,
I never saw the July Industrial spreadsheet.  This must be set up for
August.  It was a file developed by Ken Seaman.
Thanks,  Pat

Daren J Farmer@ECT
06/28/2000 11:19 AM
To: Pat Clynes/Corp/Enron@ENRON
cc:

Subject: Industrials

When will the buybacks and swings be set up for July?  I am a little
concerned with the long weekend coming up.  I believe that we agreed that
these would be set up by the 3rd work day, which would be Friday the 7th.
(Six days of flow.)  I definitely don't think that we should any later.  It
would be great if this could be handled sooner, miimizing our economic impact.

Additionally, we need to get the Industrial spreadsheet up and running
again.  This report is very beneficial to Gas Control, industrial traders and
schedulers on call.

Let me know what you think.

D


I really am in the dark re: Hanson.  If you could make the rounds then we might have a better idea if Donnie should be there.  If Scotty does not know all the particulars (and Jeff does) I am not sure that the 9:30 PST meeting will be effective.  I basically just want some answers!

Stacey

 -----Original Message-----
From: 	Postlethwaite, John
Sent:	Wednesday, October 24, 2001 6:31 PM
To:	White, Stacey W.
Subject:	Hanson Meeting

I believe Jeff cannot make the meeting tomorrow at 9:30 local. I know we meet at 8:30 local should we have jeff and Scott sit in at 8:30 and just meet separately after? Did you want Donnie at the meeting? Of course I am speculating not knowing anything about whether Scott can make it or not.

John

John Postlethwaite
EPMI-West Power Risk Management
503-464-7756


What should I do with this?  SS
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 03/10/2000
11:59 AM ---------------------------

PeopleFinder <peoplefinder@enron.com> on 02/03/2000 03:55:08 PM
Please respond to peoplefinder@enron.com
To: Sara Shackleton/HOU/ECT@ECT
cc:
Subject: PeopleFinder change confirmation #949614906.854

This is a change ticket from the PeopleFinder.

The PeopleFinder received these changes to your information
from the Change Request page on 2/3/2000:

    change Confirmation email preference to "mail_internet"
    change Fax to "713 646 3490"
    change Confirm external changes to "yes"

If you want these changes made to your information,
simply reply to this message.  (Don't change the subject line.)

If you don't want these changes, throw this message away.

We're sorry, but cc:Mail is not supported at this time.  If you
are reading this in cc:Mail, your reply will not reach the PeopleFinder.
Please set your Confirmation email preference on the Change page to
Internet until you have Lotus Notes installed on your PC.


Utility's incentive program gets OK
Some East Idahoans will see rewards for reducing power use

The Associated Press

Following the lead of their counterparts in Oregon, Idaho regulators on
Friday approved a revised incentive program to convince customers of Utah
Power & Light Co. to scale back electricity usage.
The Public Utilities Commission approved a conservation program that rewards
customers reducing their monthly demand by 10 percent from a year ago by
reducing their bills by 10 percent.
PacifiCorp, which serves about 56,000 eastern Idaho customers through Utah
Power & Light, had originally proposed rewarding only customers who cut
demand by 20 percent with a 20 percent reduction in bills.
Significant curtailment in demand will reduce the amount of power the company
has to buy at exorbitant prices on the wholesale market.
But the commission, reinforced by environmental and consumer interests,
questioned whether any customers would be able to reach that level of energy
savings in a region where few have air conditioners.
It asked the utility for more information to justify that plan, and
PacifiCorp came back with the lower threshold for triggering the bill
reductions.
"Conservation gained through this program will benefit both the company and
its residential customers by reducing the company's reliance on power
purchases from the wholesale market," the commission said.
But the three members also said they were "still concerned that most
customers will find it difficult to achieve the 10 percent reduction."
Last month, the Oregon Public Utility Commission raised the same questions
about the 20 percent threshold for a bill reduction and eventually ordered
PacifiCorp to provide a 10 percent threshold as well.
The action followed a report that customers of PacifiCorp and Portland
General Electric, Oregon's two largest utilities, trimmed electricity use by
less than 4 percent during the first five months of this year despite
campaigns urging conservation.


The draft is ready to go but we need one (1) item from credit.  Hopefully,
this should be resolved within the hour!  Do you want a copy?  SS

From: Brent Hendry AT ENRON_DEVELOPMENT@CCMAIL on 06/18/99 09:04 AM
To: Sara Shackleton@ECT
cc:
Subject: PC draft

Are we any closer to having a draft ready?  The business guys lost an
opportunity to trade a couple of weeks ago when power prices shot upward.
Prices are now coming back down and they would like to be able to transact
soon.


I have based this transport against Tennessee LA Index, as follows
   April  May
TGP Index  2.83  3.03
Fuel/commodity  .138   .145
TGP Demand  .02  .02
Gas Cost into ETNG 2.988  3.195

Chris Germany@ECT
05/09/2000 03:01 PM
To: Scott Goodell/Corp/Enron@ENRON
cc:

Subject: East Tennessee Nora Rate

---------------------- Forwarded by Chris Germany/HOU/ECT on 05/09/2000 03:00
PM ---------------------------

achin@colcnr.com on 05/09/2000 02:23:05 PM
To: chris.germany@enron.com
cc:
Subject: East Tennessee Nora Rate

Did you get a chance to get this rate?  I need it for the invoices that have
to
be sent out tomorrow.  Last month's rate was $2.11


Robert E Lloyd@ECT
08/09/2000 09:44 AM
To: Pat Clynes/Corp/Enron@ENRON
cc:

Subject: Re: Industrial Report

 I am completing the last of 3-worksheets{1- Julie M. & 2- Ken S.} today and
will distribute them  once I finish.
 Sorry for the delay but  various office & system issues contributed to the
delay.

	Enron North America Corp.

	From:  Pat Clynes @ ENRON                           08/09/2000 08:16 AM

To: Robert E Lloyd/HOU/ECT@ECT
cc:
Subject: Re: Industrial Report

Robert,
Have you distributed this Industrial report??  If so please send me a copy.
Thanks,  Pat

	From:  Pat Clynes                           07/31/2000 09:40 AM

To: Robert E Lloyd/HOU/ECT@ECT
cc: Robert E Lloyd/HOU/ECT@ECT, Daren J Farmer/HOU/ECT@ECT, Gary A
Hanks/HOU/ECT@ECT

Subject: Re: Industrial Report

I am referring to Ken Seaman's file which provides additional information.
We definitely need Ken's
File completed by Aug 1st. and distributed to our group, Daren Farmer, and
Gary Hanks.  Both files should
be completed and can be linked on duplicate information.    Thanks,  Pat

Robert E Lloyd@ECT
07/31/2000 09:29 AM
To: Pat Clynes/Corp/Enron@ENRON
cc: Robert E Lloyd/HOU/ECT@ECT, Daren J Farmer/HOU/ECT@ECT, Gary A
Hanks/HOU/ECT@ECT

Subject: Re: Industrial Report

I am confused. What file do you want me to update;   Julie Meyers file or Ken
Seaman file ?
  Both files  provide similar data which is helpful to all of our support
groups.
  To  prepare both files I feel is a duplicate of my efforts .  Please let
know if you want both files updated
   and the approximate time table for completion.

	Enron North America Corp.

	From:  Pat Clynes @ ENRON                           07/31/2000 09:02 AM

To: Robert E Lloyd/HOU/ECT@ECT
cc: Daren J Farmer/HOU/ECT@ECT, Gary A Hanks/HOU/ECT@ECT
Subject: Re: Indutrial Report

Robert,
This is the file that I referenced in my last email.   Please get this file
going again.  Thanks,  Pat

Daren J Farmer@ECT
02/25/2000 04:52 PM
To: Robert E Lloyd/HOU/ECT@ECT
cc: Pat Clynes/Corp/Enron@ENRON

Subject: Indutrial Report

Robert,

Ken developed an industrial report before he left.  It can be found at
o/logistics/kenseaman/industrialsmonthly/...  There is one file for each
month of 2000.  I need you to update this for March.  This will need to be
distributed to Gas Control, Logistics, and myself.  Let me know if you have
any questions.

D


It wouldn't be the same without you!
---------------------- Forwarded by Kay Mann/Corp/Enron on 04/20/2001 01:04
PM ---------------------------

"Reuter, Marisa" <MReuter@KSLAW.com> on 04/10/2001 08:42:03 PM
To: "'Chris.Booth@enron.com'" <Chris.Booth@enron.com>,
"'Ben.Jacoby@enron.com'" <Ben.Jacoby@enron.com>, "'Kay.Mann@enron.com'"
<Kay.Mann@enron.com>
cc: "Keffer, John" <JKeffer@KSLAW.com>

Subject: ENA/Blue Dog: Conference call details

Chris, Ben and Kay:

Tomorrow's conference has been tentatively scheduled for 1430 hrs (CST),
but, subject to Ben's availability, Kay would like to have an internal call
at 1230 hrs (CST).  The dial in number and passcode are set forth below:

877-232-0064
25581#

Regards,

Marisa
-----Original Message-----
From: Reuter, Marisa
Sent: Tuesday, April 10, 2001 3:49 PM
To: 'Chris.Booth@enron.com'; Ben.Jacoby@enron.com
Cc: Kay.Mann@enron.com; Keffer, John
Subject: RE: FW: Comments to Turbine Purchase Documents

Chris and Ben:

Since Kay is tied up on a 3:00 conference call, she asked me to summarize
the issues raised by Marguerite's latest mark-ups.  The issues are as
follows:

1. In Section 6(h) regarding the Change Order, Marguerite has added a rider
pursuant to which ENA would be required "to cause the Original Purchaser
and/or the Agent to use commercially reasonable efforts to afford NorSub (or
its agent or representative), upon request of NorSub, such opportunity or
opportunities to discuss with GE (or to consult with GE concerning) such
matters pertaining to the Turbines and/or the Original Turbine Contract as
NorSub desires to discuss with GE (or to consult with GE concerning) and
which GE is obligated under the Original Turbine Contract to discuss with
(or concerning which GE is obligated under the Original Turbine Contract to
consult with) the Purchaser and/or Agent thereunder; provided, however, that
each of ENA, the Original Purchaser and the Agent shall have the right to be
present at, and to participate in, each such discussion (or consultation."
According to Jerry DeBerry, Michael Young raised this concept with Ben, and
Ben accepted it in principle.  Please confirm if you are okay with this
rider going into the Letter Agreement.

2.  In Section 8(a), Marguerite has added a clause whereby ENA agrees to be
responsible for, and to pay GE when due, and to hold the LLC and NorSub
harmless from any damages or indemnification payments which become due and
payable to GE on and after the Closing Date as a result of any event
occurring, or any circumstance arising, prior to the Closing Date.  Since
this provision effectively shifts the Change Order risk onto ENA, Kay
suggests that we only accept the provision if a reciprocal provision is
included that allows ENA to terminate the agreement as a result of any event
or circumstance that increases the Purchase Amount.  Do you agree?

3.  Finally, with respect to the LLC Agreement, NorthWestern would like to
be able to exercise its call rights with relative freedom while forcing ENA
to wait until Takeover or 12/31/02 before being able to exercise its put
rights.  Neither Jerry nor Marguerite understands why ENA cares when
NorthWestern takes ENA out.

Jerry and Marguerite were working on scheduling a conference call for
sometime tomorrow, so I will send you an e-mail confirming the details as
soon as I hear back from them.

Best regards,

Marisa

-----Original Message-----
From: Chris.Booth@enron.com [mailto:Chris.Booth@enron.com]
Sent: Tuesday, April 10, 2001 9:22 AM
To: Young, Michael
Cc: Kay.Mann@enron.com; jkeffer@kslaw.com; mreuter@kslaw.com;
Ben.Jacoby@enron.com
Subject: Re: FW: Comments to Turbine Purchase Documents

Michael,

We (Enron and outside counsel) have not received any documents either faxed
or via e-mail as of Tuesday morning.  Once we receive the documents, we
would like time to review the comments before we engage in a conference
call.  Please either resend the documents to Kay Mann, John Keffer and
myself.

Regards,

Chris

"Young, Michael" <Michael.Young@northwestern.com> on 04/10/2001 08:18:31 AM

To:   "'chris.booth@enron.com'" <chris.booth@enron.com>
cc:

Subject:  FW: Comments to Turbine Purchase Documents

Chris, in case Kay is not in today, I provide this to you.  Please forward
to Ben at your earliest convenience.  Thanks.
-----Original Message-----
From: DeBerry, Jeremiah A. [mailto:JeremiahDeberry@paulhastings.com]
Sent: Monday, April 09, 2001 5:43 PM
To: 'Kay.Mann@Enron.com'; 'JKeffer@KSlaw.com'
Cc: Young, Michael; Kahn, Marguerite R.
Subject: Comments to Turbine Purchase Documents

We have forwarded to you via facsimile our comments to the Letter Agreement
and the LLC Agreement. The majority of our comments, as you will note, are
intended to clarify the understanding of the parties with respect to the
various matters set forth in such documents and are not intended to "change
the deal". Except that, upon the advise of our tax counsel, we have
adjusted the amounts of the promissory notes to be issued in connection
with the transaction in order to maximize the LLC's basis in the Turbines.
We believe this is consistent with your initial draft of the Letter
Agreement.

Also, please note that we have included additional language in Section 6 of
the Letter Agreement which provides NorthWestern with the opportunity to
consult with GE on matters relating to the Turbines. This reflects our
understanding of an agreement that had been reached among the parties.

With respect to the LLC Agreement, we would like to discuss with you the
following: (i) the timing of the exercise of the Call Right and (ii) the
intent of your proposed language in Section 7 relating to the rights of
each Member to act in its own best interests with respect to the Call and
Put Rights.  To that end, we propose scheduling a conference call on
Tuesday afternoon, April 11, 2001.  Please contact me as soon as possible
with a time that is convenient for your team.

We look forward to hearing from you.

Note: We will forward to you shortly, revised drafts of the documents for
which we have drafting responsibility.

************************************************
Jeremiah A. DeBerry, Esq.
Paul Hastings Janofsky & Walker LLP
399 Park Avenue
New York, New York 10022
Phone: (212) 318-6458
Fax:     (212) 319-4090

"paulhastings.com" made the following annotations on 04/09/01 20:42:52
----------------------------------------------------------------------------
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NEW E-MAIL ADDRESSES AT PAUL, HASTINGS, JANOFSKY & WALKER LLP

We have changed our e-mail address. Our new domain name is
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questions, please contact us at noc@paulhastings.com.

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"The information transmitted is intended only for the person or entity to
which it is addressed and may contain confidential and/or privileged
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Any GCP adjustments will be highlighted in red.

Bernice
x37972

From: Walter Guidroz/ENRON@enronXgate on 03/19/2001 05:13 PM
To: Karen Lambert/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Samuel
Schott/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Brant Reves/ENRON@enronXgate,
Debbie R Brackett/HOU/ECT@ECT, David Hardy/LON/ECT@ECT, Lesli
Campbell/ENRON@enronXgate, Cynthia Clark/ENRON@enronXgate, Enron Europe
Global Contracts and Facilities@ENRON, Enron Europe Global
CounterParty/LON/ECT@ECT, Stephanie Sever/HOU/ECT@ECT, Tom
Moran/ENRON@enronXgate, Claudia Clark/HOU/ECT@ECT, William S
Bradford/ENRON@enronXgate, Lisa Lees/HOU/ECT@ECT, Juana
Fayett/Corp/Enron@Enron, Jana Morse/Corp/Enron@Enron, Trang Le/HOU/ECT@ECT,
Paul Maley/LON/ECT@ECT, Sonya Clarke/LON/ECT@ECT, Tim Davies/LON/ECT@ECT,
Karen O'Day/NA/Enron@Enron, Tanya Rohauer/ENRON@enronXgate, Kelly
Lombardi/NA/Enron@Enron, Brian Lindsay/Enron Communications@Enron
Communications, EOL Call Center@ENRON, Bernice Rodriguez/HOU/ECT@ECT, Bill D
Hare/HOU/ECT@ect, Amy Heffernan/Enron Communications@Enron Communications,
Molly LaFuze/Enron Communications@Enron Communications, Danny Clark/Enron
Communications@Enron Communications
cc:
Subject: EOL approvals, 3-19-01

Please see attached.


Kate,

I will be faxing you a confirm that we received back executed.

The cp made some changes to the prices section.  Just wanted to get it
approved by the Traders.
If so, can you please initial and fax back to 713-646-2443, so we can have
the record in the system.

Thanks
Stephanie


Well, the jury is still out on communicating rankings.

I quess right now the best things to do is not tell anyone their
ranks.

Let me know you thoughts.

bob


Phone: Joel 011 44 207 484 9885
 011 44 207 833 3083


CPUC sees market abuses, claims overcharges
California regulators told FERC in a filing they have sufficient evidence of
market power
abuse to warrant additional investigation.
In response to FERC,s request for comments on proposals to repair California,
s wholesale
power market, the California Public Utilities Commission (CPUC) also argued
retail electricity
consumers had been overcharged by up to $4 billion by independent
generators.  The CPUC
did not name any specific generator.

&The CPUC,s preliminary staff analysis * conducted under similar conditions
of imperfect
data and inadequate time * suggests that claims of tight supply and increased
costs, while
real, are overstated and explain less of the increased costs than FERC staff
concludes,8 the
CPUC says.

The CPUC,s filing cites FERC,s own assertion that California,s wholesale
market structure
provided the opportunity and potential for market power abuses. However, the
CPUC disagrees with FERC,s conclusion that insufficient evidence exists to
prove actual abuses occurred.  Claiming that FERC,s own investigation into
market manipulation was incomplete, the California regulators charge &that
market power played a much greater role in the summer,s prices than appears
to be acknowledged in the [FERC] Staff Report.8

California regulators, conducting their own investigation into market power
abuses, examined
the impact of increased costs due to higher-than-normal natural gas prices,
as well as
increased expenses related to obtaining limited environmental permits.
&The CPUC,s preliminary analysis shows that as much as $4 billion of
[California Power
Exchange] costs are attributable to market power for the period between June
and September,8 the state regulators reported. &FERC should set hearings on
this issue.8

More generally, the CPUC criticized FERC,s Nov. 1 order, claiming that it
&fails to provide
meaningful relief to Californians who ( have spent billions more for power in
recent
months than ever before, paying prices that are not justified on the basis of
industry costs or
any other measure.8

In addition, the CPUC,s comments on the major aspects of the FERC report were
similar to
those of other market participants also filed last Wednesday. The CPUC said
FERC should take
interim measures to allow for immediate price relief for California
consumers, that the $150/
MWh &soft cap8 suggested in the order would not hold prices down effectively,
and that fines on purchasers that do not forward contract the majority of
their load were one-sided.


maybe towards the end of the week...depending on how I'm feeling!

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Wednesday, January 16, 2002 1:15 PM
To:	Rybarski, Amanda
Subject:	RE:

i agree, how soon

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Wednesday, January 16, 2002 12:32 PM
To:	Maggi, Mike
Subject:	RE:

we're just going to have to do something about that soon!

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Wednesday, January 16, 2002 11:20 AM
To:	Rybarski, Amanda
Subject:	RE:

yep

 -----Original Message-----
From: 	Rybarski, Amanda
Sent:	Wednesday, January 16, 2002 11:00 AM
To:	Maggi, Mike
Subject:	RE:

not a whole lot!  miss me?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Wednesday, January 16, 2002 10:57 AM
To:	Rybarski, Amanda
Subject:

whats up baby


?
----- Original Message -----
From: Marinor3@aol.com
To: lwbthemarine@bigplanet.com
Sent: Monday, November 20, 2000 6:17 PM
Subject: happy thanksgiving

lb

best to you and all from the mercers

tim


Ron,

Your e-mail was such a pleasant surprise!  Thanks so much for the kind words.

I would love to get together for lunch in the near future, though January is
typically a tough month for me.  I'll have my assistant, Sherri Sera, call
your office to see what we can arrange.

Thanks again for the note.  I look forward to seeing you soon.

Jeff


> Jeff,
> How are you?  Wild prices and politics out there I gather.  I have a
> question/proposal for you.  A major goal that is shared by the GSPP alumni
> board
> and the school is to host policy forums that attract top academics, policy
> makers, and public attention as not only a good public service, but at good
PR
> for the school and its mission.  Since electricity deregulation in CA is on
> the
> front page of all major newspapers this summer, the Dean and I are
interested
> in
> putting together an electricity policy forum.  I would need your contacts,
> political sense, and perhaps some financial support from Enron to make this
> work.  Do you like the idea and would you be willing to help in some of
these
> ways?  I think it is in the interest of Enron to advance reasoned debate
with
> the backing of the independent/objective GSPP against what is already a
major
> emotional/political backlash.
>
> On a totally unrelated issue, I spoke with Tim Belden about a position in
the
> Enron govt affairs group working with the trading desk.  I guess the VP for
> the
> West, Kaufman, is supposed to call me.  If the job is really to understand
and
> follow RTO developments and their interaction with energy prices it seems a
> perfect fit with what I've been doing.  I told Tim I'm happy where I am but
> the
> opportunity sounds interesting.
> Cheers,
> Rob
>
> Rob Gramlich
> PJM Market Monitoring Unit
> (610) 666-4291
> gramlr@pjm.com


SAVE THE DATE

At the request of Rick Causey, please save the following dates for a meeting
to be held in San Antonio.

You will be sent more detailed information soon.

         SEPTEMBER 13-15, 2000


Louise.

I would love to come but I'm on holiday.  I do have some thoughts and would
love to share them with you.


Attached is an article from the San Diego Union-Tribune stating that a good
solution for the power crisis is energy conservation through the use of
real-time meters. By using the real time meters, consumers will have better
knowledge of energy prices and be less likely to use as much power during
peak times, thus bringing demand into line with current supply. Is there a
way for EES or the New Energy Company to take advantage of this type of
opportunity through their energy management products?


Michelle,
Facundo is going to need his companies unlocked because an OTP was not created for any of the companies that he is now responsible for.

Thanks,
Mary

 -----Original Message-----
From: 	Thompson, Michelle
Sent:	Thursday, September 27, 2001 3:41 PM
To:	Caminos, Facundo; Morrison, Richard; Rainbow, Tom; Laumand, Karen; Romito, Marcia; Allwardt, Emily; Larson, Robyn; Jones, Michael C.; Fischer, Mary; Pair, Jana
Cc:	Wilcott, Robert; Lewis, Robbie; Earnest, Lanette; MacCallon, James; Burgess, Jay; Lee, Patricia; Swafford, John; Seelig, Sally
Subject:	Data Income Plugs in Period 0012  --  OTP NEEDED ON RTA

The attached query lists companies that used plugs in TIS Period 0012 to correct income on their returns.  These plugs to income do not pull thru to the Management Summary Report or Provision Window in TIS, and thus the plugged income is not included in the Period 0012 tax calculations.

To correct Period 0012 taxes in TIS, you must manually calculate the taxes related to the missing income in TIS and create an OTP (M Class Code 431 100 100/105 for CFIT, and 431 100 120/125 for CSIT) in Period 0012.  Do not include the federal benefit on state taxes when calculating your Federal OTP.  TIS will calculate the benefit on the State OTP automatically.  The OTP's should have already been done when the return was completed and the RTA was analyzed.  Please contact me if you still need to make these entries, and we will get these companies unlocked in 0012.

Please contact me if you have any questions.
 << File: Income Plugs.xls >>
Thanks,
Michelle
x57357


Please calendar.  Also, Thursday is my mom's birthday, so I need to remember
to shop for her at lunch tomorrow.

Thanks,

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 09/17/2000 09:08
PM ---------------------------
From: Travis McCullough@ECT on 09/17/2000 01:46 PM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: Project Manlove

Meeting at 1:00 Monday, EB 2868, in case you want to attend.

Travis McCullough
Enron North America Corp.
1400 Smith Street EB 3817
Houston Texas 77002
Phone:  (713) 853-1575
Fax: (713) 646-3490


I'm checking your desk for pom-poms.

ckm

Heather Kroll@ECT
10/29/2000 06:55 PM
To: Jeffery Ader/HOU/ECT@ECT, Ozzie Pagan/HOU/ECT@ECT, Scott
Healy/HOU/ECT@ECT, Stephen Plauche/Corp/Enron@Enron, Kay
Mann/Corp/Enron@Enron, sfischer@murthalaw.com, pmccary@mcrp.com, Daniel
Allegretti/NA/Enron@Enron
cc:

Subject: Draft DPCU Filing

To all:

Attached below please find a draft of the CRRA Filing with the DPUC regarding
the fuel cell transaction.  There are several points that remain open that I
would like to have cleared up by Monday afternoon.  For example, is CRRA
filing alone or are we filing jointly?

I believe we've covered all the issues outlined by Sandra.  Please let me
know if we've left anything out or if we need to delete anything.

I think this is a good start to us meeting our compressed timeline.  Do not
hesitate to call me for any reason whatsoever.  The next few weeks/months are
going to be very busy, but I know we can get to the goal line.

To quote Dave Delainey, "Go, go, go."

Regards,

Heather


Thank you for your request. You will be notified by email when your request has been processed. You can check the progress of your request by clicking http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000082453&Page=MyReq.


thanks for all your help-you're great!!!

 -----Original Message-----
From:  Jones, Tana
Sent: Thursday, May 17, 2001 10:38 AM
To: Schultea, Adriane
Subject: Re: FW: FW: CA for Green Mountain

Good letter!

	Adriane Schultea/ENRON@enronXgate 05/17/2001 10:34 AM 	   To:
smithtm6@bp.com@SMTP@enronXgate  cc: Tana Jones/HOU/ECT@ECT  Subject: FW: FW:
CA for Green Mountain

Tim,

We appreciate you sending us Green Mountain's Confidentiality Agreement,
however we have a standard agreement that we would prefer to use.  Please
have your legal department review the attached document and let me know if
this will be sufficient.  If yes, we will get the application process
underway.  Thank you so much for your time and patience.

If you have any questions or concerns regarding our Confidentiality Agreement
please contact Tana Jones at 713-853-3399.  However, feel free to contact me
also
713-345-9360.

Thanks again,
Adriane

 << File: green mtn.doc >>

	Adriane Schultea/ENRON@enronXgate 05/15/2001 11:47 AM 	   To: Tana
Jones/HOU/ECT@ECT  cc:   Subject: FW: CA for Green Mountain

thanks,
Tana!!!

 -----Original Message-----
From:  "Smith, Timothy M" <smithtm6@bp.com>@ENRON
[mailto:IMCEANOTES-+22Smith+2C+20Timothy+20M+22+20+3Csmithtm6+40bp+2Ecom+3E+40
ENRON@ENRON.com]
Sent: Wednesday, May 09, 2001 12:09 PM
To: Schultea, Adriane
Subject: CA for Green Mountain

Adriane,

Here's our Confidentiality Agreement for execution before we release our
financials.  Please let me know if you have any feedback.  Thanks.

TMS

 <<Form Unilat Confidentiality Agt - Application Service Provider ENRON
5-3-011.ZIP>>

 - Form Unilat Confidentiality Agt - Application Service Provider ENRON
5-3-011.ZIP << File: Form Unilat Confidentiality Agt - Application Service
Provider ENRON 5-3-011.ZIP >>


Web server noticeably slow today.  I'm getting a lot of bad failed trades
(2-3 seconds behind when I change a price).
Not necessarily slower than yesterday, but definitely slower than a month
ago.


Resposta autom?tica.
Estarei fora do escrit?rio durante o ms de setembro.?Renato.??Automatic Reply:?I will be out of the office during the month of September.?Renato.???>>> "sshackl@ect.enron.com" 09/01/99 19:41 >>>????Although I am still waiting for another Brazilian visa, I would like to pose?several potential dates to meet with you regarding Enron North America Corp.?trading issues.  I am presently considering several time periods:??     September 9,10, 12-17,19-24??Obviously, I can be available at any time during the month of Septermber as ?well?as future months.  But I would like to get started as soon as possible.??If you could kindly e-mail or call me (713/853-5620), I can elaborate further.?Thank you.  Sara??


Q2 earnings report looks very good!  Congratulations.  I will keep it quiet
until you are sure of the numbers. We should let Causey and Hayslett know for
planning purposes ASAP.

Given the recent events related to the proposed sale do you think it is even
worth discussing the Benefits issue with Corporate?

Also, have we finalized all of the divestiture/retention deals?

Have a good week.  Thanks.


----- Forwarded by Dan J Hyvl/HOU/ECT on 05/07/2001 10:39 AM -----

	Steve Van Hooser
	05/07/2001 10:17 AM

		 To: Stacy E Dickson/HOU/ECT@ECT, Dan Hyvl
		 cc:
		 Subject: Fw: Returned mail: see transcript for details

Steve Van Hooser
Enron North America Corp.
1400 Smith
EB3877
Houston, Texas  77002
713-853-7238
----- Forwarded by Steve Van Hooser/HOU/ECT on 05/07/2001 10:16 AM -----

	"Steve Vanhooser" <svanhooser@houston.rr.com>
	05/06/2001 09:24 PM
	Please respond to "Steve Vanhooser"

		 To: "Steve Van Hooser" <Steve.Van.Hooser@enron.com>
		 cc:
		 Subject: Fw: Returned mail: see transcript for details

Stacy and Dan,
Our bus guide took these pictures (the one in the  raft is the last
mini-rapid before the bridge at Gruene).?? Please  pass these on to?the other
2 rafters in your group.
?
Thanks,
?
Steve
 - DSC00011.JPG
 - DSC00001.JPG


Let's discuss on Monday.  Julia

Julia Heintz Murray
Enron Wholesale Services
Enron Industrial Markets LLC
1400 Smith Street, EB3838
Houston, TX  77002
(713) 853-4794
Fax:  (713) 646-3393
julia.murray@enron.com

----- Forwarded by Julia Murray/HOU/ECT on 03/09/2001 05:11 PM -----

	Eric Thode@ENRON
	02/20/2001 12:08 PM

		 To: Julia.murray@enron.com
		 cc:
		 Subject: Possible Summer Intern

Julia --

Mark Haedicke told me that Enron hires summer interns for the Legal
department and suggested that I pass a resume on to you for consideration.
The attached resume is for Chris Knudsen, who is a cousin by marriage and is
interested in Enron as a potential career after law school.

Give me a call at ext. 3-9053, if you need anything else.  Thank you for your
consideration of his resume.

Eric


Unfortunately I already have plans.  But thanks for the invite!

	Eddy Daniels@ENRON
	05/01/2001 02:00 PM

		 To: Mark Taylor/HOU/ECT@ECT
		 cc:
		 Subject: dinner Weds. night in San Antonio

A few of us North America types from Lance Schuler's group have plans with
John Novak, Sami Arap, and other colleagues from the Enron South America team
for dinner on Weds. night. We would be honored if you would join us.  We are
dining at :

La Fogata
2427 Vance Jackson Rd.
San Antonio, Texas
(210) 340-1337

La Fogata is approx. ten minutes from the hotel by cab.   Please just let me
know if you can attend by 10 am tomorrow so that I can expand our reservation
appropriately.  I hope to see you tomorrow.

Edmund D. Daniels
Senior Counsel
Enron North America Corp.
1400 Smith, EB 3813
Houston, Texas 77002
713.345.4753 (direct)
713.646.3490 (telecopy)


Tracy, If you take the original shortfall position into consideration.  There were only two companies who paid any portion of the shortfalls (PX and Koch).

MO
---------------------- Forwarded by Murray P O'Neil/HOU/ECT on 04/08/2001 12:29 PM ---------------------------

Steve C Hall
02/12/2001 03:46 PM
To:	Murray P O'Neil/HOU/ECT@ECT, Chris Stokley/HOU/ECT@ECT
cc:
Subject:	CAISO Notice - Additional Payments on November 2000 Invoice

Any word on how much the ISO will be paying us for Nov. real time, now that it has an extra $150 million?
---------------------- Forwarded by Steve C Hall/PDX/ECT on 02/12/2001 03:50 PM ---------------------------

"Woertz, Byron" <BWoertz@caiso.com> on 02/12/2001 02:31:49 PM
To:	ISO Market Participants <IMCEAEX-_O=CAISO_OU=CORPORATE_CN=DISTRIBUTION+20LISTS_CN=ISO+20MARKET+20PARTICIPANTS@caiso.com>
cc:	"Morrison, Stephen" <SMorrison@caiso.com>, "Anders, John"	 <JAnders@caiso.com>, "Epstein, Michael" <MEpstein@caiso.com>

Subject:	CAISO Notice - Additional Payments on November 2000 Invoice

		ISO Market Participants:

		On Friday, February 8, 2001, the ISO received payments from
certain parties that had defaulted (either in part or whole) on their
previous obligations to the ISO, due on February 2, 2001 (based on the
November 2000 preliminary invoices).

		As a result of these payments the total funds which became
available for distribution to Market Participants were $149,333,046.54.  The
ISO instructed its bank to distribute pro rata payments on Friday based on
this amount.

		The ISO distributed these payments in accordance with ISO
Tariff Section 11 and Settlements and Billing Protocol ("SABP") Section 6.

		A reconciliation of amounts received with the amount
distributed follows:

Payments Received:
California Power Exchange	$ 149,349,573.52
Koch Energy Trading	$              331.73
Interest on ISO Reserve Account	 $              793.35
Subtotal	 $ 149,350,698.60

Less:
Interest Cost on Previous Borrowings on Market Line of Credit	 $
17,652.06

Total Distributed 2/9/2001	 $ 149,333,046.54

The ISO applied payments due to Market Participants under this distribution
to first extinguish any outstanding obligations, consistent with SABP 6.10.4
and 6.10.2:

		SABP 6.10.4
			The ISO shall apply payments received in respect of
amounts owing to ISO Creditors to repay the relevant debts in the order of
the creation of such debts.

		SABP 6.10.2
			The ISO is authorized to recoup, set off and apply
any amount, which any defaulting ISO Debtor is or will be entitled, in or
towards the satisfaction of any of that ISO Debtor's debts arising under the
ISO Settlement and billing process.  Each ISO Creditor and each ISO Debtor
expressly acknowledges that the oldest outstanding amounts will be settled
first in the order of the creation of such debts.

		Michael K. Epstein	Byron Woertz
		Controller	Director, Client Relations


No thanks, but I did pick up a pre-owned Jaguar...sweet!  Congrats to you
too.  Hope to see you out again soon...Thanks again for your help with Coal
info.

Fletch


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When: Wednesday, January 23, 2002 4:00 PM-5:00 PM (GMT-06:00) Central Time (US & Canada).
Where: 4th floor room tbd

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


Kay,

The below looks like a good summary of what we discussed on 8/30.  The
pipeline is actually spelled Mahomet, but otherwise this is the right track.

Let's set up a conference call (with Gregg) at your earliest convenience.  I
need to ensure that a document is turned to Peoples as soon as possible and I
had hoped we would be further along at this point.  I know we are all trying
to juggle schedules, however;  I need to determine if we have a resource
issue that requires additional assistance in support of our Chicago business.

Thanx,
Laura

	From:  Kay Mann                           09/11/2000 05:27 PM

To: Laura Luce/Corp/Enron@Enron, Gregg Penman/Corp/Enron@Enron
cc:
Subject: Transfer price agreement

I'm working on the agreement, but since it is taking longer than I had hoped,
I wanted to send you my understanding of the basic premise for your input.
I'll continue to refine/integrate this into a real document while you review
the important stuff:

Hub Services.

&Hub Services8 include (a) transactions entered into by MEH or the PGL HUB
which are subject to Peoples' Hub FERC operating statement, and (b) all
physical transactions which require the use of the Manlove or Mohammad fields
(also known as &exchange8 or &enhanced hub8 services).

The profit [what is profit? Obviously before tax, but otherwise a GAAP
standard?] from Hub Services shall be split as follows:

? For transactions entered into between February 15, 2000 through September
30, 2000, the profit shall be equally shared.

? For transactions entered into from October 1, 2000 to September 30, 2001
(and successive years until September 30, 2004), Peoples will receive the
first $4 million in profit (cumulative, not annual), and will Enron receive
the next $1million in profit.  For any profit exceeding $5 million, Peoples
and Enron will share any on a 50/50 basis.

This arrangement excludes all agency fees paid to MEH.  These fees will be
shared 50/50 from the inception.

All internal costs incurred in the normal course of business will be borne by
the party incurring same. All third party costs will be shared equally, and
require MEH board approval.

PERC Peaking Agreement

PERC has contracts with PGL and with NICOR contracts relating to the
ethane/propane peaking facility. The two existing contracts pay a total of
$2million (approximate or exact) in demand charges annually. Any profit
exceeding $2 million in a year will be shared by Peoples and Enron on a 50/50
basis.

If either of these contracts is extended in any form other than the current
form, then Peoples and Enron share the demand charge and the profit on a
50/50 basis.

Other Transactions

Peoples and Enron will split the profit from any transactions other than
those described above on a 50/50 basis.

Kay


_____________________DAVID COURSEY_____________________

WHY THE RIAA OWES US ALL AN APOLOGY

    When recording industry types last week tried
         to get provisions against music swappers
         included in anti-terrorism legislation,
         they trivialized everyone involved in America's
         fight against terrorism--and proved themselves
         to be absolutely the sort of people who'd do
         anything for a buck.

http://cgi.zdnet.com/slink?/adeskb/adt1018/2818346:8593142

#

_____________________NEWS ANALYSIS_____________________

Patrick Houston

    WHAT'S MS' ULTIMATE GOAL FOR XP? HINT: WAY MORE THAN AN OS

    When you first try out Windows XP, you're
    reminded no less than five--count 'em,
    five--times to sign up for its Passport
    authentication service. These pleas
    speak of far more than Microsoft's persistence.
    Like what? Like how it plans to become
    another AOL inside an OS.

     PLUS:

      APPLE HINTS AT 'BREAKTHROUGH' DEVICE.
    WHAT COULD IT BE?

      PALM V GETS SOME BLACKBERRY JUICE

http://cgi.zdnet.com/slink?/adeskb/adt1018/2818350:8593142

_____________________EXPERT ADVICE_____________________

C.C. Holland

   BANISH YOUR BLANK WALLS WITH HELP FROM THE WEB

   If you want to decorate your space but are having
         trouble finding the right posters or prints,
         just turn to your computer! C.C. shows you
         where to find great selections of art online
         (and get your picks delivered to your door).

http://cgi.zdnet.com/slink?/adeskb/adt1018/2818372:8593142

			> > > > >

Janice Chen

  SLOW PC? NO PROBLEM! FIX UP YOUR CLUNKER FOR UNDER
  $50

   Sure, if you have a need for speed, you could
         buy a new PC. But you can also streamline your
         older PC by tuning up your hard drive with a
         good utility. Janice hunts for bargains (and
         freebies!) that'll rev you up in no time.

http://cgi.zdnet.com/slink?/adeskb/adt1018/2818264:8593142

			> > > > >

Preston Gralla

   TURN YOUR PC INTO A MOVIE THEATER--FOR FREE!

   If you like finding music online, you'll love
         getting movies. With the right tools, you
         can download, watch, and trade films and videos
         on your PC. Preston offers up three freebies
         that'll have you reaching for the popcorn.

http://cgi.zdnet.com/slink?/adeskb/adt1018/2818260:8593142

			> > > > >

_____________________CRUCIAL CLICKS_____________________
Make sure you see these features on ZDNet today!

MICROSOFT.COM GAFFE REVEALS PASSWORDS
http://www.zdnet.com/techupdate/stories/main/0,14179,2818129,00.html

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CEO CRAIG BARRETT SHARES INTEL'S ITANIUM VISION
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all your e-mail messages to us.  Thanks!

Copyright ) 2001 ZD Inc. ZDNet is a registered
service mark of ZD Inc. ZDNet Logo is a service
mark of ZD Inc.

 ###


Tana/Karen:

The product long description below will fall under the new product type US
Nitration Toluene Financial Swap.  Tom Moran has approved copying the
profiles for the new product type from the following:

 US Benzene Financial Swap CMAI Spot

Please respond no later than 10 a.m. on Wednesday, November 15.

Thank you.
---------------------- Forwarded by Lisa Lees/HOU/ECT on 11/14/2000 01:38 PM
---------------------------

From:  Melba Lozano
  11/13/2000 10:03 AM

To: Mark Taylor/HOU/ECT@ECT
cc: Lisa Lees/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT
Subject: US NitTol Swap - approval required 2nd request

Mark,

Please approve the attahced product.

Thanks,

---------------------- Forwarded by Melba Lozano/HOU/ECT on 11/13/2000 10:02
AM ---------------------------

From:  Melba Lozano
  11/09/2000 10:11 AM

To: Mark Taylor/HOU/ECT@ECT, John Swinney/HOU/ECT@ECT, Jeff
Blumenthal/HOU/ECT@ECT, Bjorn Hagelmann/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT,
Stephen H Douglas/HOU/ECT@ECT
cc: Karen Lambert/HOU/ECT@ECT, Robert B Cass/HOU/ECT@ECT, Lisa
Lees/HOU/ECT@ECT
Subject: US NitTol Swap - approval required

Your review and approval of the following product type in the EOL Datamanager
is needed (for directions on approval , please see steps for approval at the
bottom of this e-mail).

Traders: Steve Elliott, Lee Jackson, Adam Metry

US NitTol Swap  CMAI Spot               Aug-Oct00       USD/Gl-b

A US Nitration Toluene financial Swap Transaction with Enron North America
Corp. under which the Seller pays a Floating Price and the Buyer pays the
price submitted by the Counterparty on the website (the Fixed Price) in each
case in respect of the Notional Quantity per Determination Period.  Each
calendar month during the Term of the Transaction will be a Determination
Period; provided that, if the Term of the Transaction is less than one
calendar month the Determination Period shall be the Term of the
Transaction.  The Notional Quantity per Determination Period shall be the
volume submitted by Counterparty via the website.  The Payment Date(s) will
be 5 business days after the Floating Price is determinable.  The Floating
Price shall be the Index for the relevant Determination Period.

The Term of the Transaction shall be from the Effective Date of 01 Aug 2000
to the Termination Date of 31 Oct 2000.

The Index for a Determination Period shall be the mean of the average of the
high and low price in Cents/Gallon of Toluene-Nit. published under the
headings &Prices for Period Ending [DATE]: United States: Toluene-Nit.)8
under the caption &SPOT: Cents/Lb.8 in each issue of Chemical Market
Associates, Inc.,s Aromatics Market Report (Weekly) that reports prices
effective for such Determination Period. Notwithstanding the reference to
pounds in the caption mentioned above, the prices quoted for this product by
CMAI are in Cents/Gallon.

The price is quoted in US Dollars per unit of volume, which will be the
Contractual Currency.

The unit of measure against which the price is quoted shall be gallons and
the volume shown shall be in total number of Barrels (42 US Gallons) per
month.

==============================================================================
=====

STEPS FOR APPROVAL:

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

Thanks - Rob Cass  -  Melba Lozano
x35491   x58986


(See attached file: Agenda 043001.doc)
 - Agenda 043001.doc


fyi...on the SL front.
 -----Original Message-----
From: 	Huson, Margaret
Sent:	Wednesday, August 22, 2001 10:24 AM
To:	Allan, David; Collins Jr., Harry M.; Cordesman, Kevin; Crane, Bob; Del vecchio, Peter; Helfrich, Christopher A.; Holzer, Eric; Hutchinson, Elizabeth; Johnson, Jay; Johnston, Robert; Korkmas, Deb; Landry, Kimberly; Lindeman, Cheryl; Lyons, Dan; Malcolm, Rodney; Mccrory, Ian; Murray, Julia; Neale, Nelson; Reed, Andrea V.; Ruder, Romney; Saltiel, Robert; Sayre, Frank; Scheuer, Robert; Stapley, Cecil; Stoler, Lou; Tamm, Mike; Van Hooser, Steve
Cc:	Arefieva, Maria; Decker, Larry; Keeler, Jeff; Long, Chris; Yoho, Lisa
Subject:	More notes on Canadian lumber

Canadian Softwood Lumber - Canada's Response, so far

?	On Monday, Canadian Prime Minister Jean Chretian raised the Canadian softwood lumber issue with President Bush in the form of a veiled threat to withhold gas and oil (or perhaps pipeline projects) in response to the US measures against Canadian lumber.  While keeping trade open between the US and Canada is clearly in the best economic interests of both countries, this illustrates the threat that retaliation holds and the political nature of these decisions.

?	Previously the lack of Canada's political momentum was blamed on the lack of domestic pressure.  Since the scenario has changed with a 19.31% countervailing duty (CVD) imposed the volume appears to be increasing.

?	Canada's first response to the CVD determination was to announce that it would bring the dispute over the CVD on softwood lumber to the World Trade Organization (WTO).  No doubt that this will proceed; however, the WTO process takes years to reach final resolution and the duties remain in effect while the case runs its course.

?	On the US front, the Department of Commerce (DOC) agreed to align the decision deadlines of the final determinations - CVD and anti-dumping (AD) - meaning that the CVD final decision is delayed to match the AD final decision.  With all the extensions that are allowed - and that are expected in order to review the volumes of casework - the final decisions may not be released until sometime in February 2002. (FYI - the AD preliminary deadline in Sept. 24, but may be delayed)

?	Thus, any changes to come in the near term depend on political will.

Please contact me with any questions or comments - x5-2431 or margaret.huson@enron.com

Maggy Huson
Government Affairs


i met your friend andrea this weekend


Coats, Carol would like to recall the message, "EWS Mid-year Final PRC Mtg.
Distribution List".


Attached, in Word format, are (hopefully) the final transaction
documents for Hawaii II.  The documents are marked against the most
recent version circulated and are identified as follows:

* Closing Checklist (266026)

* Trust Agreement (265272)

* RADA (265275)

* Beneficial Interest Certificate (265276)

* Distribution Agreement (266277)

* Subscription Documents (265278)

* Letter Agmt re: Equity Termination (267979)

* Facility Agmt (265273)

* Ex. F to Facility Agmt (Ind. Auctioneer Ltr) (266746)

* Ex G1 to Facility Agmt (Swap Confirm) (268099)

* Ex G2 to Facility Agmt (Swap Schedule-Permitted Party) (265279)

* Ex G3 to Facility Agmt (Swap Schedule-Enron) (266279)

* Ex G4 to Facility Agmt (Enron Guaranty) (268951)

* Ex. H to Facility Agmt (Transfer and Auction) (266163)

* Ex. I, Part A to Facility Agmt (Asset LLC Agmt) (266143)

* Swap Schedule (269252)

* Termination of Hawaii Facility Agmt (269253)

* Notice of Prepayment (267365)

* Drawdown Request McGarret A (268980)

* Drawdown Request McGarret C (268982)

* Drawdown Request McGarret D (268991)

* Drawdown Request Danno D (267252)

* Omnibus Amendment - McGarret A (266755)

* Omnibus Amendment - McGarret C (266950)

* Omnibus Amendment - McGarret D (267037)

* Omnibus Amendment - Danno B (267271)

* Series Certificate - McGarret A (268572)

* Series Certificate - McGarret C (268675)

* Series Certificate - McGarret D (268676)

* Series Certificate - Danno B (267069)

* Confirmation Letter (268999)

* Direction Letter to Owner Trustee (269030)

* Payment Direction Letter (269105)

* Receipt of Trust (267321)

* Receipt of Agent (267366)

Please call me at (713) 220-4242 as soon as possible if you have any
additional comments.

Muriel C. McFarling
Andrews & Kurth L.L.P.
1717 Main Street, Suite 3700
Dallas, TX 75201
(214) 659-4461 (direct line)
(214) 659-4784 (direct fax)
 - 265273.doc
 - 265272.doc
 - 265275.doc
 - 265276.doc
 - 265277.doc
 - 265278.doc
 - 265279.doc
 - 266026.doc
 - 266143.doc
 - 266163.doc
 - 266279.doc
 - 266746.doc
 - 266755.doc
 - 266950.doc
 - 267037.doc
 - 267069.doc
 - 267271.doc
 - 267321.doc
 - 267366.doc
 - 267979.doc
 - 268099.doc
 - 268572.doc
 - 268675.doc
 - 268676.doc
 - 268951.doc
 - 269030.doc
 - 269105.doc
 - 269252.doc
 - 269253.doc


I will be taking Friday, Dec. 29 as a vacation day.  Sara

P.S.  I will also be on vacation Dec. 7 & 8.


---------------------- Forwarded by Susan D Trevino/HOU/ECT on 03/17/2000
03:08 PM ---------------------------

Bob Withers <rww@KCSEnergy.com> on 03/17/2000 03:10:24 PM
To: Susan D Trevino/HOU/ECT@ECT
cc: Stretch Brennan <djb@KCSEnergy.com>, Knox Westmoreland
<rkw@KCSEnergy.com>, Kevin McLarney <kmm@KCSEnergy.com>, Vance L
Taylor/HOU/ECT@ECT
Subject: 1st rev Mar. 2000 Josey Ranch nom

Here's REVISED March 2000 (effective 3/18/00 ) setup for Josey: (using 1.075
Btu/Mcf)
* Gas deliveries into HPL
    11,000 MMBtu/d  for KRI           (net
reduction of    <1,500> MMBtu/d)
     11,000 MMBtu/d into HPL

Bob Withers <*))>><
KCS Energy, 5555 San Felipe, Suite 1200
Houston, TX  77056
voice mail/page 713-964-9434


Dear All, Looking fwd to Tues meeting, have not had a chance to review
background note produced for it but was hoping a digital copy could be made
available asap, pls advise...

Cheers,

Christine

Yolanda Clegg wrote:

> Dear Colleagues,
>
> We look forward to the first meeting of The Electricity Restructuring
Advisory Board.  The meeting will be held in Montreal, January 16, 2001
(commencing at 8:30 am), at the Commission for Environmental Cooperation
(CEC), 393 St-Jacques Street West, Suite 200.
>
> The CEC will cover all travel expenses along with accommodations and per
diem. Kindly complete the attached "Confirmation of Participation" form and
return it to Leticia Villeneuve by Dec. 18, 2000 (lvillene@ccemtl.org or fax
514-350-4345) so that we can arrange your travel plans. Since the holidays
are almost here, please note that after this Dec 18 deadline, we ask that you
arrange your own travel/hotel and the CEC will reimburse you (for an economy
priced ticket).
>
> Please do not hesitate to contact me should you have any questions or
concerns.
>
> Thank you,
> Yolanda Clegg
>
> Yolanda Clegg, M.Sc.
> Environment, Economy and Trade Program
> North American Commission for Environmental Cooperation
> 393 rue St-Jacques Ouest, bureau 200
> Montreal
> Quebec
> CANADA         H2Y 1N9
>
> tel: 514-350-4368
> fax: 514-350-4314
> yolanda@ccemtl.org
>
> http://www.cec.org
>
>   ------------------------------------------------------------------------
>                                Name: Confirmation-english.doc
>    Confirmation-english.doc    Type: Download File (application/msword)
>                            Encoding: base64
>
>                                  Name: Confirmation - Spanish.doc
>    Confirmation - Spanish.doc    Type: Download File (application/msword)
>                              Encoding: base64

--
****************************************
Christine Elwell
Sierra Club of Canada
Senior Policy Analyst
517 College St. Suite #237
Toronto, ON, Canada, M6G-4A2
Phone#:416-533-5177 Fax:416-960-0020
E-mail: scenergy@web.net
****************************************


use 380

	From:  Russell Dyk @ ENRON                           11/01/2000 12:06 PM

To: Brad McKay/HOU/ECT@ECT, John Arnold/HOU/ECT@ECT, Caroline
Abramo/Corp/Enron@Enron
cc:
Subject: Credit Suisse First Boston

CSFB informed us today that their Appalachia hedging deal will likely happen
in the next two weeks. The deal, in short, involves Enron buying an average
volume of 11,500 mmBtu/d at TCO and 5,500 mmBtu/d at CNG for 12 years and 1
month from Dec00.
CSFB would like to get an idea of where the market is now. I've attached a
spreadsheet that details the volumes, which decline with time. Could you
please provide indicative prices, as of tonight's close.
Thanks,
Russ


Drew, I wanted you to be aware of a potential dispute with regard to our
consultant, Mark Baldwin of IGS.  Our consulting agreement with IGS (which
has now terminated) provided for a flat fee, plus an incentive fee calculated
using the net present value of any contract "identified by IGS" and entered
into during the term of the consulting agreement.  During the term of the
agreement, TW entered into its Gallup Expansion agreement with Southern.  IGS
is now claiming it brought in the deal and so is entitled to an incentive
fee.  While it is undisputed that Mark discussed the deal with Southern,
Southern was also on Lorraine's list of shippers to contact for Gallup
Expansion capacity.  Also, the capacity was posted for all to see.  So, while
Mark can certainly claim he "identified" the deal, he was not alone in doing
so.

Steve is going to call Mark in response to his letter (after he talks to
Lorraine to verify facts).  Our thinking is that if we offer IGS some money
they will be happy.  We would really like to preserve what has been a good
working relationship with this consultant.   On the other hand, I think we
could probably take the position that they are not entitled to any incentive
fee.  However, since the contract is silent as to whether IGS has to be the
only party bringing in the deal in order to qualify for the incentive fee,
this position is not as strong as I'd like it to be, and IGS might sue TW.
The amount in dispute could be as much as $200,000, depending on what rate we
use in calculating net present value.

If you have any problem with our offering to pay part of the incentive fee to
IGS, let me know.  I think it will be very important for Steve not to admit
that Mark helped in any way in getting the deal -- just in case they do
decide to take us to court.


Here's a laugh for today:

In an emergency session of Congress, just completed, an official change to
the name of one of the 50 United States will take place.  As of noon today,
November 22, 2000 the state formerly known as Florida, will officially be
renamed "Floriduh."  Please make  note  of the change.


From the Oklahoma 100:

                 "Waylon Turdsby, star TE from the reigning 3-A champion
Chickasha
                 Fighting Chick-Peas gave the Sooners a verbal commitment by
letter
                 late Wednesday according to OK100 sources. This is a big
boost to
                 the Sooners who were competing with Tulsa, Anadarko Junior
College
                 and out of state powerhouse Kansas for his services. Waylon,
who is
                 6'2", 218lbs and runs a 4.75 40 chose OU because "They serve
fried
                 pork rinds in the cafeteria and the chicks there dig mullet
hairdos".
                 Waylon plans to study business and eventually take over the
family
                 used car dealership. Waylon added "My daddy says he has done
a lot
                 of business with Sooner coaches and boosters over the years
and that
                 OU would be the best place to refine my used car selling
skills." The
                 great traditions of OU were also a factor according to
Waylon, "They
                 have this great tradition where they touch all the movie
posters of OU
                 legend Brian Bosworth before running out onto the field. You
just don't
                 get that kind of inspiration outside of OU."


Hello friends,

Attached is the program announcement for the third edition of the Texas
Finance Festival to be held in San Antonio (once again).  You will note
that we have some new and fun entertainment lined up to accompany the
superb program put together by Sheridan Titman (and company).

You can help us by registering early so we have put a discount into the
registration fee if you get your registration form and check in by January
15, 2001.  However, We would really appreciate hearing from you ASAP if you
do plan to come via return e-mail.

Looking forward to seeing you all again in the spring.

John

 - announcerev.doc

John D. Martin
Carr P. Collins Chair in Finance
Finance Department
Baylor University
PO Box 98004
Waco, TX 76798
254-710-4473 (Office)
254-710-1092 (Fax)
J_Martin@Baylor.edu
web:    http://hsb.baylor.edu/html/martinj/home.html


Reminder
The Enron Oral History Project Continues...

"Using History to Help Enron Become the World's Leading Company"

How can an understanding of strategic choices, regulatory change and corporate culture help Enron achieve its vision?

Speaker:
Joseph Pratt, Cullen Professor of History and Business, University of Houston
and
 Co-Director, Enron Oral History Project

Thursday, June 7
11:30 a.m. to 12:30 p.m.
EB 5C2

To Make a Reservation, Call 3-1941 and Select Option 1

Lunch will not be provided, but you are welcome to bring your own.

Please inform us ahead of time if you need special accommodations to participate in this meeting.  Call 3-9390.


>"I Love Ya'

 Suppose one morning you never wake up; do all your
> >  friends know you love them? I was thinking...I could die today,
> >  tomorrow
> >  or
> >  next week and, I wondered if I had any wounds needing to be healed,
> >  friendships that needed rekindling, or three words needing to be said.
> >  Sometimes, "I love you" can heal & bless. Let every one of your
> >  friends
> >  know
> >  you love them. Even if you think they don't love you back, you would
> >  be
> >  amazed at what those three little words and a smile can do. Just in
> >  case I die tomorrow.....I LOVE YA!!!  Send this to at least 4 people
> >  you love and send it back to the person who sent it to you.
>

*****************************************************************************
The information in this email is confidential and may be legally privileged.
It is intended solely for the addressee. Access to this email by anyone else
is unauthorized.

If you are not the intended recipient, any disclosure, copying, distribution
or any action taken or omitted to be taken in reliance on it, is prohibited
and may be unlawful. When addressed to our clients any opinions or advice
contained in this email are subject to the terms and conditions expressed in
the governing KPMG client engagement letter.
*****************************************************************************


LeMetrice is either a director or senior director under Jenny - kind of a second in command.  She worked extensively on the original 2002 budget for Infrastructure and put together some data on functions within the Infrastructure group that gave a somewhat layman's explanation of the various services provided.   We have already gone through the process of rebudgeting dollars and headcount for 2002, post bankruptcy and December 2 lay offs, and with the projected Netco spin off.  It is likely that LeMetrice has all of those details.  So despite a somewhat short answer from Jenny, she was actually on target to refer you to her.   -Sally

 -----Original Message-----
From: 	Pearce, Barry
Sent:	Thursday, January 17, 2002 12:25 PM
To:	Beck, Sally
Subject:	FW: Data needed for Fallon and Delaney

i venture that this is a little less than totally helpful......

 -----Original Message-----
From: 	Rub, Jenny
Sent:	Thursday, January 17, 2002 11:44 AM
To:	Pearce, Barry
Cc:	Funkhouser, Shanna; Beck, Sally; Dopson, LaMetrice
Subject:	RE: Data needed for Fallon and Delaney

Barry,  Please contact LaMetrice Dopson for that information.  Thanks.  JR

 -----Original Message-----
From: 	Pearce, Barry
Sent:	Thursday, January 17, 2002 10:28 AM
To:	Rub, Jenny
Cc:	Funkhouser, Shanna; Beck, Sally
Subject:	RE: Data needed for Fallon and Delaney

Jenny,

Whilst undestanding that you do provide shared services - could you maybe give me a little more detail on what areas you support, what offices/locations, relationship with NetCo, Wholesale, Pipelines etc...What was your allocation methodology for the 2001 budget?

My goal here - for Jim - is to understand how many bodies (& related cost) it is going to take to support the Wholesale Post Bankruptcy actvities - as we are doing for all support and commercial functions - so we can complie a fwd cash forecast.

Any education would be appreciated. An org chart would also help.

Thanks.

Barry.
 -----Original Message-----
From: 	Rub, Jenny
Sent:	Thursday, January 17, 2002 8:06 AM
To:	McLoughlin, Hector; Apollo, Beth; Hall, Bob M; Pearce, Barry; Sweeney, Kevin; Perlman, Beth; Richter, Brad; Pickering, Mark; Dayao, Anthony; Schmidt, Mark; Piper, Greg; Beck, Sally
Cc:	Funkhouser, Shanna; Hankamer, Cecilia; Curless, Amanda; Kinningham, Laura; Jones, Robert W.- HR Exec; Craig, Braedi
Subject:	RE: Data needed for Fallon and Delaney

The Infrastructure group provides shared services and people are not designated to specific business units.

 -----Original Message-----
From: 	McLoughlin, Hector
Sent:	Wednesday, January 16, 2002 4:20 PM
To:	Apollo, Beth; Hall, Bob M; Pearce, Barry; Sweeney, Kevin; Perlman, Beth; Rub, Jenny; Richter, Brad; Pickering, Mark; Dayao, Anthony; Schmidt, Mark; Piper, Greg; Beck, Sally
Cc:	Funkhouser, Shanna; Hankamer, Cecilia; Curless, Amanda; Kinningham, Laura; Jones, Robert W.- HR Exec; Craig, Braedi
Subject:	Data needed for Fallon and Delaney
Importance:	High

Dave Delaney and Jim Fallon need the following information for a meeting tomorrow at noon.   They need to know which BU all ENW and ISC employees support (i.e. EGM, EIM, EBS, EES, and ENA).
I've provided all the employees that remain in the estate in the spreadsheet below for you.   There's a tab for each of you with all of your Estate employees listed.    Please designate which company each employee supports and return by 11 AM tomorrow.
I apologize for the short notice.
Thanks for your help.
H
 << File: FallonDelaneyrpt.xls >>


---------------------- Forwarded by Elizabeth Sager/HOU/ECT on 02/28/2000
08:52 AM ---------------------------

Leslie Hansen
02/25/2000 11:20 AM
To: Kevin M Presto/HOU/ECT@ECT
cc: Elizabeth Sager/HOU/ECT@ECT
Subject: TVA Response

Kevin:

Attached please find the TVA response letter, as revised pursuant to my
conversations with Elizabeth this morning.  Elizabeth wanted to make sure
that you approve the revisions, particularly the new paragraph on page 3.
Please let me know if you have any questions or comments.

Leslie
*36121


Greg,

do you know the status of VPN connectivity going forward for UBS employees?

thx,
cooper


Looks good.  Sara

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com

	Kimberly Hundl@ENRON
	01/23/2001 02:37 PM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: Re: Cargill-Alliant Financial Deal #495432.01

Here's the latest version.  Please let me know if this is ready to send out.
Thanks for your help!

From: Sara Shackleton@ECT on 01/23/2001 10:52 AM
To: Kimberly Hundl/Corp/Enron@Enron
cc:

Subject: Re: Cargill-Alliant Financial Deal #495432.01

Please let me review your final confirm before you send to Cargill-Alliant.
Thanks.  Sara

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com
----- Forwarded by Sara Shackleton/HOU/ECT on 01/23/2001 10:51 AM -----

	Sara Shackleton
	01/22/2001 06:08 PM

		 To: Kimberly Hundl/Corp/Enron@ENRON
		 cc:
		 Subject: Re: Cargill-Alliant Financial Deal #495432.01

Attached are my comments:

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com

	Kimberly Hundl@ENRON
	01/22/2001 05:08 PM

		 To: Sara Shackleton/HOU/ECT@ECT, Samantha Boyd/NA/Enron@Enron
		 cc: Sharen Cason/HOU/ECT@ECT
		 Subject: Re: Cargill-Alliant Financial Deal #495432.01

This includes the terms of the transaction.

---------------------- Forwarded by Kimberly Hundl/Corp/Enron on 01/22/2001
05:06 PM ---------------------------

Kimberly Hundl
01/22/2001 04:27 PM
To: Sara Shackleton/HOU/ECT@ECT, Samantha Boyd/NA/Enron@Enron
cc: Sharen Cason/HOU/ECT@ECT

Subject: Re: Cargill-Alliant Financial Deal #495432.01

Please review the attached confirmation letter.  In order to apply the
system's automated signature for Dana Davis, I couldn't change that area of
the letter, but all the other changes should be there.  I do not have any of
the information called for in the "Payments to Counterpary" section.  Please
let me know if you have any questions.

Thank you!
Kimberly Hundl
Power Documentation

From: Samantha Boyd on 01/22/2001 02:31 PM
To: Sharen Cason/HOU/ECT@ECT
cc: Kimberly Hundl/Corp/Enron@Enron, Melissa Ann Murphy/HOU/ECT@ECT

Subject:

Attached for further handling is the Deemed ISDA for Cargill-Alliant, LLC.

Samantha M. Boyd
Sr. Legal Specialist
Enron North America, Corp.
1400 Smith, EB3802A
Houston, TX  77002
Phone:  (713) 853-9188
Fax:  (713) 646-3490
email:  samantha.boyd@enron.com


AGA for 12/8/2000 is (158)

Website information:
http://gasfundy.corp.enron.com/gas/framework/default.asp
Drop down Box to "Storage"
In-house Analysis
My files are the last three files.

When the dialog box asks to upadate links click "NO".


John,

Please, contact George Hopley at Enron.    (713) 853-9463

Vince

John Adamiak - President <john@pgsenergy.com> on 11/17/2000 01:49:30 PM
Please respond to John Adamiak - President <john@pgsenergy.com>
To: <Vince.J.Kaminski@enron.com>
cc:
Subject: PGS On-site Derivatives/Electric Power Training

Do you know of anyone who could benefit from on-site
training in energy derivatives or electric power trading during
the coming twelve months?   www.pgsenergy.com

John Adamiak
PGS Energy Training


P.S. http://enaresearch.dev.corp.enron.com
---------------------- Forwarded by Mike A Roberts/HOU/ECT on 01/09/2001
01:11 PM ---------------------------

	From:  Mike A Roberts                           01/09/2001 01:13 PM

To: Vince J Kaminski/HOU/ECT@ECT, Stinson Gibner/HOU/ECT@ECT, Vasant
Shanbhogue/HOU/ECT@ECT, Osman Sezgen/HOU/EES@EES, Maureen
Raymond/HOU/ECT@ECT, Tanya Tamarchenko/HOU/ECT@ECT, Zimin Lu/HOU/ECT@ECT,
Jose Marquez/Corp/Enron@ENRON, Stephen Bennett/NA/Enron@ENRON, William
Smith/Corp/Enron@ENRON, Elena Chilkina/Corp/Enron@Enron, Steve
Bigalow/NA/Enron@Enron
cc:
Subject:

 Everybody,

As Vince suggested, I made a topical allocation of our new website for
quality control.  Can you please check out in detail, and put through the
paces, the following list?

Weather   Mike

Links    Maureen

Technical Analysis  Steve Bigalow

Options Library   Zimin (this is a big one!!)

European Weather  Jose

Agricaltural Weather  Jose (be sure and run spell check!!!)

Weather Derivatives  Stephen

Presentations   Tanya

Nuclear Outage Updates  Sam

FX and Sovergn Risk  Maureen

Industry Analysis   Vasant

Publications   Osman

Research Intelligence  Stinson

Hot Button #8   Vince

Thanks, just email me with any problems or ideas for adds/changes

- - - Mike


Thanks Mark--we'll take a look at this information and be ready to discuss
with you guys.  I'll take the lead on getting a new meeting set up.  DF

Mark Knippa@ECT
02/05/2001 05:28 PM
To: Drew Fossum/ET&S/Enron@ENRON
cc: Susan Scott/ET&S/Enron@ENRON, Gerald Nemec/HOU/ECT@ECT, James
Centilli/ET&S/Enron@ENRON, Kevin Hyatt/ET&S/Enron@Enron

Subject: Gallup Station - Demand Rebate

Hey Drew,

Sorry that we did not get to meet last week when you were in town.  I have
pulled up some information on the project performance and wanted to share
with the group.  I was very concerned by the comment that the project was on
a rate to cost TW an additional $1.0 million for the year because the demand
avoidance program was not in place.  I do want to confirm that Arnold
Eisenstein at ET&S working on the development of the programming to support
TW's efforts to minimize demand expenses.  It was my understanding during the
development of this project, that TW was targeting a 75% avoidance for an
annual basis.   I offer the following details regarding the actual operation
of the station in 2000.

Peak load for 12,000 hp = 9,621 kw x 3 = 28,864.0 kw per Quarter

Actual Utilization
   3rd Quarter 2000      % of Max  4th Quarter 2000  % of Max
 kw - generation   22,684.8      78.6   17,779       61.6
 kw - transmission 25,421.0      88.1   22,992       79.6

 Target $'s @ 75% 99,142      75.0            73,480      75.0
 Net Actual Rebate  $'s 75,935        78.6                105,181        61.59
  difference            ($23,206)                  $31,702

Overall net for 2000 under Rate 21 appears to reflect that TW has saved
$8,496 above their target rebate of $170,622 (75% avoidance) for the 3rd and
4th quarters.  In addition, ECS has made payment to TW under Rate 19 that
resulted in an additional $118,441 paid to TW.   Note that ECS has proposed
to included the transmission demand in the Rebate process which is not
specifically addressed the Compression Service Agreement.

Currently TW has access to the web site that graphically displays the current
Tri-State generation load as well as several years of month by month
history.  This access was conveyed to TW as soon as the confidentiality
agreement between TW, ECS and Tri-State was executed and delivered to ECS.
At this point, EE&CC (now under ET&S) was notified that the system access was
available to package the load monitoring programming.  As I mentioned above,
that effort is underway.

I will be glad to meet and/or discuss these issues when you are available.  I
will be travelling most of the next (2) weeks but you can reach me via email
or my
cell phone (713) 851-7703.   Based on the information that I was able to pull
together, I just don't see the magnitude of dollars that seems to have TW
concerned.
I would like to discuss at your earliest convenience.

Thanks,
mk


So does this included the guys?   There is just so much to do in LJ!  Dinner/
video?

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


Dear Vince,

after getting our heads together here,
we would much apprecaite if you could share the Research Group's latest on
---

- Var ie "... repeat my workshop presentation on value-at-risk..."
 as well as cover additional topics viz.
- Discuss, with application, Enrons internal V@R model, and how this is used
internally.
- Discuss volatility modelling, and whether it is possible to maintain and
trade a term structure of volatility in electricity

- Modelling forward curves with reference to associated markets (eg Oil).
  Can we gain some insights through spreads to related market curves (spark).

I assume your hotel is booked already. Catching the taxi is the best way to
get to your hotel.
Since you are arriving on the weekend , if you need to contact me - my mobile
is 0417-692295, home tel/fax
is 9232-8892

Rgds Raymond

---------------------- Forwarded by Raymond Yeow/ENRON_DEVELOPMENT on
07/07/2000 04:45 PM ---------------------------

Vince J Kaminski@ECT
07/06/2000 09:20 AM
To: Paul Quilkey/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Raymond Yeow/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Vince J
Kaminski/HOU/ECT@ECT, Shirley Crenshaw/HOU/ECT@ECT

Subject: Re: Your visit to sydney in July

Paul, Raymond,

Thanks for your message.
Sorry I did not get in touch  with you earlier. The last few weeks were very
hectic. I am starting
right now my preparations for the presentation I am going to give at the
conference.

Here are the details of my itinerary (I shall send you a copy tomorrow). I
arrive Sunday morning
and leave Saturday morning. The conference takes place on Monday and Tuesday.
On Wednesday, I am making a presentation at the workshop on value-at-risk. I
would
like to stay at the conference for the duration: it's a great learning
opportunity for me.

On Thursday and Friday, as well as in the evenings (except for the evening
of July 18), I am at you disposal.
I would like to take advantage of this trip and learn as much as I can
about the Australian markets and discuss with you the research agenda.
I shall be glad to make several presentation.
I can repeat my workshop presentation on value-at-risk as well as cover
additional
topics.

Vince

Paul Quilkey@ENRON_DEVELOPMENT
07/04/2000 05:23 AM
To: Vince J Kaminski@ECT
cc:
Subject: Your visit to sydney in July

Vince
I support Raymond's email and would welcome the opportunity to have you give
a presentation (formal or informal) to the trading group on latest research
initiatives in Houston.  Please let us know your schedule so that we do not
overly burden you during your visit.  Look forward to seeing you and catching
up over a beer.
Thnx
Paul
---------------------- Forwarded by Paul Quilkey/ENRON_DEVELOPMENT on
07/05/2000 08:23 AM ---------------------------

Raymond Yeow
07/04/2000 08:21 PM
To: Vince J Kaminski@ECT
cc: Paul Quilkey/ENRON_DEVELOPMENT, Kirsty Hogarth/ENRON_DEVELOPMENT, Elliott
Katz/ENRON_DEVELOPMENT, David Gray/ENRON_DEVELOPMENT

Subject: Your visit to sydney in July

Dear Vince,

Hi !, it's only two weeks until the Aust Energy Risk (17-19 July ) seminar in
Sydney.
Is RISK organising your hotel ?

Otherwise, Kirsty can organise for you,
eg harbour vIew at the Regent or convenience to the seminar location at the
Sheraton ?

We would like to make sure that you have all the necessary "comforts" of home
when you are with us,
Elliott & David can set up a desk for you in the office/trading room with
phone etc
so you can use one of our PC to access email or plug in your laptop.
Please let Elliott or David kmow your requirements.

How long will you be with us ?
Is this your first trip to Sydney ?
There are several of us in the office who would like to take you  for a
meal(s)/ show you the sights etc and
discuss the latest Research findings with you whilst you are in Sydney eg VAR.

Hear from you soon.
Raymond
725pm 4 July


Attached are the following documents:

Enron Metals Voluntary Separation - FAQ's

Enron Metals Voluntary Separation - Program Description

Enron Metals & Commodity Corp. Voluntary Separation Program - Plan

Pursuant to our discussion, I will wait for the Severance Calculation.


Stan, Bill, Jim & Jim,
Attached is the letter sent to Chairman Hoecker regarding the use of his
facilities on April 26 for the industry meeting facilitated by GISB for
governance issues for a standards organization for wholesale and retail gas
and electric issues.  The draft was sent to his staff on March 30 to ensure
that the letter said the necessary things, and we learned yesterday afternoon
that we would have access to the Commission Room and that Chairman Hoecker
would open the meeting.  Jim Templeton was working with Pat Wood (Texas PUC
Chairman) who originally said he would also like to make opening remarks for
the meeting.  Best Regards,  Rae

 - hoecker.pdf


EnronOptions Announcement

You can now access a web site that describes EnronOptions ) Your Stock Option
Program.  The web site contains some highlights of the EnronOptions Program
as well as some Frequently Asked Questions (FAQs).

Access EnronOptions ) Your Stock Option Program web site by clicking on
http://hrweb.enron.com or by typing the address into your web browser.

We hope you find the site helpful in addressing your questions about the
EnronOptions Program.  If you have any questions, please contact your H.R.
Representative.

There will be several EnronOptions - Your Stock Option Program presentations
throughout the month of January.  Stay tuned to a computer near you for
details.


Anjam,

It makes sense to come to Houston for a longer time period.
I think that you should spend here at least 3 weeks.

Vince

Anjam Ahmad
04/28/2000 05:47 AM
To: Vince J Kaminski/HOU/ECT@ECT, Dale Surbey/LON/ECT@ECT
cc:
Subject: This summer's Houston visits 2

Hi Vince,

One of my only windows of opportunity right now is to schedule the Houston
visit for Monday 10th July for a single week only.

Regards,

Anjam
---------------------- Forwarded by Anjam Ahmad/LON/ECT on 28/04/2000 11:33
---------------------------

Steven Leppard
28/04/2000 10:15
To: Vince J Kaminski/HOU/ECT@ECT, Dale Surbey/LON/ECT@ECT
cc: Anjam Ahmad/LON/ECT@ECT, Benjamin Parsons/LON/ECT@ECT, Kirstee
Hewitt/LON/ECT@ECT, Matthew D Williams/LON/ECT@ECT, Steven
Leppard/LON/ECT@ECT

Subject: This summer's Houston visits

Vince, Dale

Here are our proposals for Houston visits from our group:
Kirstee  All of July, all of September. (Kirstee's personal commitments mean
she needs to be in the UK for August.)
Ben  All of October.   (No crossover with Kirstee, ensures VaR/Credit cover
in London office.)
Steve  2-3 weeks in July, first 3 weeks of September.
Anjam  To be arranged at Anjam and Houston's mutual convenience.
Matt  Not a permanent Research Group member.  I'm asking Richard's group to
pay for his visit, probably in August.

Steve