So Louise!  You've made it to the top 50.  Won't be long before you reach No.1

Congrats.

So how is life in Houston with the new little addition, well not so new now.

Yours

A Respectful Little Peon

 -----Original Message-----
From: 	Nelson, Dennis
Sent:	02 October 2001 15:18
To:	Romano, Marcello; Omar, Awais
Subject:	FW: Enron Mentions

[DN]  Thought you guys might appreciate this

Most Powerful Women in Business: The Power Fifty - Louise Kitchen No. 17
Fortune, 10/15/01
Carly Fiorina Tops FORTUNE's List of 50 Most Powerful Women in Business for Fourth Year
Business Wire, 10/01/01

Most Powerful Women in Business: The Power Fifty - Louise Kitchen No. 17
Fortune, 10/15/01
http://www.fortune.com/indexw.jhtml?channel=list.jhtml&list_frag=survey_results.jhtml&person_id=222001017&_DARGS=%2Ffragments%2Flist%2Flist_5columns_powerwomen.jhtml_A&_DAV=list.jhtml

Drop in Natural-Gas Prices May Be Good For Consumers but Hinder New Production
By Alexei Barrionuevo
Staff Reporter of The Wall Street Journal

10/02/2001
The Wall Street Journal
C7
(Copyright (c) 2001, Dow Jones & Company, Inc.)

In the wake of last month's terrorist attacks, natural-gas prices have slid below $2 per million British thermal units, frustrating any hopes that prices will rebound this year to levels that would encourage more investment in natural-gas projects.
Analysts predict that with prices at current levels, projects to bring more liquefied natural gas into the U.S. could be shelved or canceled.
Natural-gas prices, which reached highs of nearly $10 per million BTUs last December, had held to around $3 to $5 per million BTUs for much of the year. At $2 per million BTUs and below, producers have a hard time justifying exploration and new production.
Analysts blamed the drop on weak industrial demand, fueled by the struggling chemicals and metals industries and by weaker electric-utility demand. Nearby November futures fell 36 cents yesterday to $2.208 on the New York Mercantile Exchange.
In the Boston area, however, different concerns could lead to higher prices for that region. Last week, the U.S. Coast Guard, under pressure from local lawmakers, indefinitely banned LNG tankers from entering Boston Harbor. LNG makes up 15% of New England's gas supply and nearly half of its supply on very cold days. The Coast Guard and Department of Transportation are studying concerns that a LNG tanker could become a bomb for terrorists.
Already, relative to other areas, natural-gas prices have inched higher in New England, where natural-gas pipeline constraints have long hampered the market. The spread between prices in New England and the Gulf Coast widened last week by 30 cents to $1.30 per million BTUs, said a spokeswoman for Distrigas, a unit of Belgium's Tractebel SA. But the lack of LNG isn't likely to become a big issue until winter hits and natural-gas storage is used up.
Richard Grant, CEO of Distrigas, says LNG has a 30-year safety record at the company's Everett, Mass., terminal. While LNG is flammable, he says it is unlikely to explode. He adds that "there are a lot of things being said right now that are just not factual. But until we answer the concerns, we won't be able to bring a ship in here."
Deutsche Banc Alex. Brown was among several brokerage firms downgrading fourth-quarter projections for natural-gas prices last week. "Prior to Sept. 11, we were seeing signs that a lot of industrial demand was coming back," said Jay Saunders, a Deutsche Banc analyst. "But all that is out the window now." Deutsche Banc is now estimating a 20% drop in winter demand in the industrial sector, which accounts for more than a quarter of total U.S. natural-gas consumption. The slack demand has resulted in supplies that have practically overflowed storage, which is on pace to be full by the end of October.
While prices that are close to historical levels are good for consumers, such low prices could scare many producers away from making investments to ensure future natural-gas demand is met. Lower prices have already led energy companies to slow their drilling and some firms, such as EOG Resources Inc., plan to moderate production in the next two months. Gas drilling-rig counts fell to 953 last week from 1,030 at the end of August.
Even with the increased natural-gas drilling of earlier this year, overall natural-gas supply is expected to increase just 1% this year, as the country's mature wells continue to be depleted faster than companies can replace them. The tight supply picture has analysts optimistic that prices will rebound next year amid lower interest rates, increased defense and relief spending and returning consumer confidence.
Still, the downturn could cause some firms to rethink or postpone projects to import gas in a liquid form. With prices high last winter, El Paso Corp. and Enron Corp., among others, said they would build a dozen or so receiving terminals for liquefied natural gas, which is gas compressed and frozen to minus-260 degrees Fahrenheit. "You will see some cancellations and some delays," predicts Marshall Adkins, an analyst with Raymond James & Associates in Houston.
Natural-gas prices need to average $3 per million BTUs on the East Coast and $3.50 on the West Coast to justify bringing in LNG to those areas, said Ronald Barone, an analyst with UBS Warburg.
A spokeswoman for El Paso, Houston, says the company is moving forward with at least three terminals for the U.S. market. Enron said it is also pushing ahead with a terminal in the Bahamas that would pipe the gas to Florida starting in 2004.

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

Enron leases part of Mumbai estate to Citibank
Freny Patel MUMBAI

10/02/2001
Business Standard
5
Copyright (c) Business Standard

After months of scouting for a buyer for its one lakh square feet office space at Wockhardt Towers in Bandra-Kurla Complex, Enron has been able lease out 10,000 square feet of it to Citibank NA.
Against an expected realisation from Rs 130 crore for the outright sale of its four floors, Enron will get around Rs 1.2 crore a year by leasing out one floor to Citibank.
The deal was struck recently by the global real estate consultant, Cushman & Wakefield, at a monthly rental of Rs 100 per square foot.
With property prices in Mumbai having slumped and with no reprieve expected in the
short run, companies are increasingly opting to lease space instead of blocking funds in illiquid assets.
Property consultants say that if Enron manages to lease out the entire four floors, it will be easier for it to sell the property to a buyer, as the buyer would be assured of a fixed income.
Enron had eyed a deal of Rs 130 crore when it mandated global real estate consultants to sell the premises at around Rs 12,000 per square foot.
This is despite the fact that real estate at Bandra Kurla currently fetches Rs 8,000 to Rs 9,000 per square feet. In June 2000, the US energy giant had shelled out Rs 125.75 crore when it acquired the four floors, plus car park space, from Wockhardt, the pharmaceutical company.
The deal was struck at Rs 10,500 per sq ft, and included parking space for 101 cars.
Industry sources said that Enron had spent a sum close to Rs 150 crore to acquire the property, and pay for the interior furnishings of two of the four floors it had acquired.
In order for it to break even, it would have had to sell its real estate at the rate of Rs 13,000 per square foot.
Four to five global real estate consultants have been appointed by Enron for the sale of its premises. A leading consultant said that it has been difficult to find any buyers for such a large property.
"Most international buyers prefer to take property on lease instead of an outright purchase," he added.
Moreover, the inefficiency of the building in terms of the super built-up area is another reason why corporate entities are not too eager to acquire the premises, and Enron's proposition continues to go abegging, said the consultant.

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

Carly Fiorina Tops FORTUNE's List of 50 Most Powerful Women in Business for Fourth Year

10/01/2001
Business Wire
(Copyright (c) 2001, Business Wire)

NEW YORK--(BUSINESS WIRE)--Oct. 1, 2001--

Lower-Profile Women Topple More Well-known Names From Tech and
Internet Sector; Ranking Includes 14 Newcomers

Though Hewlett-Packard lost $65 billion in market value in a year, CEO Carly Fiorina hasn't lost her nerve, and for the fourth consecutive year holds the No. 1 position on FORTUNE's ranking of the 50 Most Powerful Women in Business.
The complete list and accompanying stories are in the October 15 issue of FORTUNE, available on newsstands October 8 and at www.fortune.com at 12:00 p.m. on October 1.
In the No. 2 spot is eBay CEO Meg Whitman, who runs an Internet company that actually makes money: $85 million in the last four quarters on $582 million in revenue. Oprah Winfrey, the Queen of Media, is mightier than ever, and holds the No. 3 spot, up from No. 15 last year. She produces movies, brings comfort and advice to millions of TV viewers, propels books to bestsellerdom, and, last year, teamed up with Hearst Magazines' Cathie Black (No. 28 on the list) to publish O, The Oprah Magazine-by some measures the most successful magazine startup ever. At No. 4 is Andrea Jung, Chairman and CEO of Avon, who has breathed life into ailing Avon. Mirant CEO Marce Fuller-the only newcomer in the top five-holds the No. 5 position. Inside a stodgy utility, Southern, Fuller built a high-growth trading and marketing unit, which was spun off in April.
In these new, more tempered times, patience may be about to reap its reward. In FORTUNE's annual survey of the 50 Most Powerful Women in Business, there is a clear emergence of women who came to power slowly. Says FORTUNE senior writer Pattie Sellers in "Patient But Not Passive," the story that accompanies the list, "By patience, we mean staying with a company, steadily building influence there, and rising to power through determination and insider knowledge, not promises and self-promotion."
Fiorina, who has claimed the top spot each year since FORTUNE's inaugural list in 1998, heads the biggest company ($48 billion in revenues last year) run by a woman. And she is still as audacious and impatient as ever. Wall Street practically heckled her latest move-a bold bet to buy Compaq-but Fiorina, 47, remains defiant. In difficult times, "people who drive change are the subject of great scrutiny," she says.
As always, the list is a snapshot of power at a moment in time. Last year, power resided in the technology and Internet sectors, but that influence was fleeting. Gone from the list this year: Deborah "Hurricane Debby" Hopkins, who pushed her agenda too ambitiously at Lucent and lost her CFO job in May; Ellen Hancock, who failed at the startup, Exodus; and Morgan Stanley's Mary Meeker, who influenced so many to buy into the Internet fizz. But one Web warrior looks better than ever: Meg Whitman, No. 2 on the list. She has never overpromised to investors; instead she has diligently delivered above-target profits every single quarter.
Fourteen newcomers join the list this year: Marce Fuller, President & CEO, Mirant; Louise Kitchen, COO, Enron Americas; Colleen Barrett, President & COO, Southwest Airlines; Betsy Bernard, President & CEO, AT&T Consumer; Anne Stevens, VP, North America Vehicle Operations, Ford Motor; Maria Elena Lagomasino, Chairman & CEO, J. P. Morgan Private Bank; Susan Desmond-Hellman, EVP and Chief Medical Officer, Genentech; Janet Robinson, SVP, Newspaper Operations, New York Times Co.; Carol Tomi, EVP and CFO, Home Depot; Carrie Cox, EVP and President, Global Prescriptions, Pharmacia; Carole Black, President and CEO, Lifetime Television Networks; Janet Davidson, Group President, Integrated Network Solutions, Lucent; Larree Renda, EVP, Retail Operations, Safeway; and Louise Francesconi, VP and GM, Missile Systems, Raytheon.
While the economy and its points of power change, the criteria we use to evaluate power remains the same. Says Sellers: "We consider the size and importance of a woman's business in the global economy, her clout inside her company, and the arc of her career-where she has been and where she is likely to go. When appropriate, we also weigh the woman's influence on mass culture and society. That factor lifts Oprah Winfrey to No. 3 on this year's list." The shifts on our list this year are dramatic, with 14 newcomers. But one trend is especially intriguing: Women are taking on bigger businesses than ever. A few years ago, responsibility for a $3 billion business almost automatically earned a woman a spot on this list. No more. This year's FORTUNE 50 includes several women who lead businesses with annual revenues of $20 billion or more, which is a first.
In a related story, "It Took a Lady To Save Avon," Katrina Brooker looks at Andrea Jung, Chairman and CEO of Avon. Says Brooker, "Jung knows what women want and how to sell it to them. And that's what has made her one of the most successful CEOs-male or female-in recent years." Over the past 20 months she has overhauled nearly everything about the way Avon does business: how it advertises, manufactures, packages, and even sells its products, and she has done it not by abandoning the seemingly outdated Avon Lady, but by reviving her. The result: growth in revenues, operating profits, and operating margins.
In addition, FORTUNE includes an international list of the 50 powerful women in business. The top ten, featured in the magazine, are Marjorie Scardino, CEO, Pearson (Britain); Anne Lauvergeon, Chairman, Areva (France); Mary Ma, Senior VP & CFO, Legend (Hong Kong); Marianne Nivert, President & CEO, Telia (Sweden); Lien Siaou-Sze, Vice President, Hewlett-Packard (Hong Kong); Patricia Barbizet, CEO, Artemis (France); Eiko Kono, President, Recruit (Japan): Belinda Stronach, CEO, Magna International (Canada); Marina Berlusconi, Vice Chairman, Fininvest (Italy); Christine Tsung, President & CEO, China Airlines (Taiwan). You can read about the other forty at www.fortune.com or in the international editions of FORTUNE.
2001 FORTUNE 50 Most Powerful Women in American Business

2001 2000
Rank Rank Name Title Company
1 1 Carly Fiorina Chairman and CEO Hewlett-Packard
2 3 Meg Whitman President and CEO eBay
3 15 Oprah Winfrey Chairman Harpo
Entertainment
4 10 Andrea Jung Chairman and CEO Avon
5 new Marce Fuller President and CEO Mirant
6 18 Anne Mulcahy President and CEO Xerox
7 14 Karen Katen EVP and President
Pharmaceutical Group Pfizer
8 39 Pat Woertz President, Chevron Products Chevron
9 23 Betsy Holden Co-CEO Kraft Foods
10 43 Indra Nooyi President and CFO PepsiCo
11 7 Shelly Lazarus Chairman and CEO Ogilvy & Mather
Worldwide
12 50 Abigail Johnson President Fidelity
Management and
Research
13 9 Martha Stewart Chairman and CEO Martha Stewart
Living OmniMedia
14 12 Patricia Dunn Global CEO Barclays Global
Investors
15 16 Judy McGrath Chairman and CEO, MTV Group Viacom
16 17 Sherry Lansing Chairman, Motion Picture
Group, Paramont Viacom
17 new Louise Kitchen COO Enron Americas
18 19 Lois Juliber COO Colgate-Palmolive
19 18 Marilyn Carlson
Nelson Chairman and CEO Carlson Companies
20 new Colleen Barrett President and COO Southwest
Airlines
21 21 Ann Moore EVP, Time Inc. AOL Time Warner
22 22 Judy Lewent EVP and CFO Merck
23 new Betsy Bernard President and CFO AT&T Consumer
24 31 Stacey Snider Chairman, Universal Pictures Vivendi
Universal
25 30 Dina Dublon EVP and CFO J.P. Morgan Chase
26 10 Pat Russo President and COO Eastman Kodak
27 new Anne Stevens VP, North American Vehicle
Operations Ford Motor
28 11 Ann Livermore President, HP Services Hewlett-Packard
29 28 Cathleen Black President Hearst Magazines
30 24 Linda Sanford SVP and Group Executive,
Storage Systems IBM

31 33 Amy Brinkley Chairman, Credit Policy Bank of America
32 4 Donna Dubinsky CEO Handspring
33 38 Marjorie Magner Senior EVP, Consumer Group Citigroup
34 13 Nancy Peretsman EVP and Managing Director Allen & Co.
35 25 Dawn Lepore Vice-Chair, EVP, and CIO Charles Schwab
36 27 Gail McGovern President, Fidelity Personal
Investments Fidelity
37 new Maria Elena
Lagomasino Chairman and CEO J.P Morgan
Chase Private
Bank
38 new Susan
Desmond-Hellman EVP and Chief Medical Officer Genentech
39 new Janet Robinson SVP, Newspaper Operations New York
Times Co.
40 new Carol Tome EVP and CFO Home Depot
41 46 Jamie Gorelick Vice-Chair Fannie Mae
42 45 Vivian Banta EVP and CEO, U.S. Consumer Prudential
43 new Carrie Cox EVP and President, Global
Prescriptions Pharmacia
44 47 Anne Sweeney President, ABC Cable Networks
Group Disney

45 new Carole Black President and CEO Lifetime
Television
Networks
46 44 Marion Sandler Co-Chairman and Co-CEO Golden West
Financial
47 new Janet Davidson Group President, Integrated
Network Lucent
Solutions
48 new Larree Renda EVP, Retail Operations Safeway
49 new Louise
Francesconi VP and GM, Missile Systems Raytheon
50 8 Abby Joseph
Cohen Chief Market Strategist Goldman Sachs

FORTUNE's International 50 Most Powerful Women

Rank Women Title Company Country
1 Marjorie Scardino CEO Pearson Britain
2 Anne Lauvergeon Chairman Areva France
3 Mary Ma Senior VP and CFO Legend Hong Kong
4 Marianne Nivert President and CEO Telia Sweden
5 Lien Siaou-Sze Vice President Hewlett-Packard Hong Kong
6 Patricia Barbizet CEO Artimis France
7 Eiko Kono President Recruit Japan
8 Belinda Stronach CEO Magna International Canada
9 Marina Berlusconi Vice Chairman Fininvest Italy
10 Christine Tsung President and CEO China Airlines Taiwan
11 Maureen Kempston
Darkes President GM Canada Canada
12 Mary Minnick President and COO Coca Cola Asia U.S.
13 Nita Ing Chairman Taiwan High-Speed
Railway Taiwan
14 Barbara Kux Executive Director Ford Europe Germany
15 Ho Ching Chairman Singapore
Technologies Singapore
16 Sari Baldauf President Nokia Networks Finland
17 Judy Boynton CFO Royal Dutch/Shell
Group Britain
18 Maria Silvia
Marques Bastos CEO Companhia
Siderurgica
Nacional Brazil
19 Clara Furse CEO London Stock
Exchange Britain
20 Linda Cook CEO Shell Gas & Power Britain
21 Val Gooding CEO BUPA Britain
22 Agnes Touraine Vice Chairman and
CEO Vivendi Universal
Publishing France
23 Margaret Jackson Chair Qantas Australia
24 Kathleen Bader President Dow Styrenics &
Engineered
Prod. Switzerland
25 Kathleen O'Donovan CFO Invensys Britain
26 Wanda Rapaczynksi President Agora Poland
27 Juliet Wu Shihong Executive Director TCL Holdings China
28 Vivienne Cox Group Vice
President BP Britain
29 Marma Asuncisn
Arambruzabala
Larregui Vice Chairman Grupo Modelo Mexico
30 Yoshiko Shinohara President TempStaff Japan
31 Lalita Gupte Managing Dir.
and COO ICICI India
32 Sawako Noma President Kodansha Japan
33 Imre Barmanbek CEO Dogan Group Turkey
34 Nina Wang Chair Chinachem Hong Kong
35 Li Yifei General Manager MTV China China
36 Gail Cook-Bennett Chairperson Canada Pension
Plan Inv. Bd. Canada
37 Marluce Dias da
Silva Director General Rede Globo Brazil
38 Anna Cheng
Catalano Group Vice
President BP Britain
39 Rose Marie Bravo CEO Burberry Britain
40 Britta Steilmann CEO Steilmann Group Germany
41 Galia Maor President and CEO Bank Leumi Israel
42 Magda Salarich Managing Director Citrokn Spain Spain
43 Marjorie Yang Chairman Esquel Group Hong Kong
44 Teresita Sy President SM Philippines
45 Dominique Heriard
Dubreuil Chair and CEO Remy Cointreau France
46 Gianna
Angelopoulos-
Daskalaki President Athens Olympic
Committee Greece
47 Naina Lal Kidwai Vice Chairman J.P. Morgan Stanley India
48 Barbara Cassani CEO Go Britain
49 Irene Charnley Commercial
Director M-Cell South
Africa
50 Katijah Ahmad Chair and CEO KAF Discounts Malaysia

CONTACT: For FORTUNE Terry McDevitt, 212/522-4788 terry_mcdevitt@timeinc.com Carrie Welch, 212/522-6724 carrie_welch@timeinc.com Caroline Plauche, 212/522-2134 caroline_plauche@timeinc.com
12:24 EDT OCTOBER 1, 2001
Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.


The report named: GD - OPT P/L <http://trv.dev.corp.enron.com/linkFromExcel.asp?report_cd=12&report_name=GD+-+OPT+P/L&category_cd=5&category_name=FINANCIAL&toc_hide=1&sTV1=5&TV1Exp=Y&current_efct_date=05/22/2001>, published as of 05/22/2001 is now available for viewing on the website.


-----Original Message-----
From: 	Milliner, Christine
Sent:	Monday, November 12, 2001 11:13 AM
To:	Bajwa, Bilal; Alon, Heather; Fortunov, Gallin; Rohmer, Gisselle; 'milliner@gdar.org'
Subject:	FW: Highlights from this morning's ENE/DYN analyst conference call

This was forwarded to me this morning.  Someone's notes from the call.

Listened in on the analyst call this morning.  Here are my notes.  Did not yet have a chance to organize them, so they're simply in chronological order.

The call began with Watson, Bergstrom, and Whalley reading from prepared statements.  Watson spoke for c. 10 minutes, Bergstrom for 5, and Whalley spoke for perhaps 30 seconds.  Dynegy management was noticeably in control of the call.  Enron executives spoke when questions were directed to them.

Specific points:
EES will be a part of the new company.
Enron assets will be revalued at closing.
The investment in Northern Natural takes the form of convertible preferred.  If the merger does not go through, Dynegy has the right to acquire Northern for 'very little' additional consideration.  If DYN terminates the merger and ENE 'has sufficient liquidity', ENE has right to repurchase the convertible preferred.
Debt/equity of combined company expected to be <45%.
Both companies will remain on RatingsWatch negative.
ChevronTexaco will hold 169MM shares out of a total 650MM shares of the post-merger entity.
Watson reiterates that going forward, the new entity will be run with a focus on transparent and clear financial structure and disclosure, with a significant reduction in on- and off-balance-sheet leverage.
In what was termed a "new approach", the new entity will be run with a focus on cash flow rather than earnings.
Rumors that Dynegy did the deal because of an unhedged exposure to Enron are not true.  Dynegy owed Enron <$50MM.
Lay says that Enron had other options, 'particularly financial'.
All of the discussion and activity has taken place over the last two weeks.
Lay acknowledges that the number for exposure to securities lawsuits may be 'pretty big', but that the companies feel they're able to appropriately value this exposure.
Lay says we have nothing else to hide, but internal investigation still under way.
Lay:  had the SPEs been capitalized with perhaps $30MM more of risk capital, there would have been no question that they would have qualified for off-balance-sheet treatment and there would have been no need to restate earnings last week to reflect consolidation of the SPEs.
Dynegy says that 'several' internal investigations continue at Enron, and thus DYN/ENE cannot say with certainty that there's absolutely nothing else out there.
Doty (Dynegy CFO) says that late last week, ENE had 'close to a billion' in cash.
Osprey will be unwound late next summer. Marlin will be unwound after closing.
Many of the off-balance-sheet structures, including the credit-linked notes, are expected to be unwound/redeemed or at least significantly reduced prior to closing.
With regard to ENE asset dispositions, these will be accelerated to the extent possible.  However, Doty says that 'our backs are not against the wall', and the company will continue to focus on getting value for its assets as well as cash.
ENE will renew its 364-day facility (believe this is the $3Bn facility that we drew down a couple of weeks ago) within the next 6-8 weeks.
BBB-flat most likely rating for combined entity, according to initial comments from ratings agencies.
McMahon says 'no comment' to WSJ article indicating that ENE's banks are preparing to make an equity infusion into ENE in the next few weeks.
Consolidation of trading activity: Mid- and back-office consolidation will see substantial progress prior to closing, such that only the front office / trading books will need to be combined at closing.  EES, NNG and TW have no real overlap with existing DYN activity, so there won't be much integration work required there.  The big integration effort will be ENA.
Watson says that the 'creative financing' surrounded non-core assets.  Doty adds that, 'frankly', DYN assigned zero economic value to non-core businesses in their valuation model (uh-oh).  They bracketed the maximum expected exposure from the non-core assets/businesses and left it at that.
Watson mentions that DYN would not have gotten involved with Enron had they not been approached by 'Enron's top three executives', who said that they thought a combination with Dynegy made the most strategic sense for both companies.  Says that their approach evidenced a  willingness to work with DYN to integrate the two companies that made a big difference in Dynegy's deliberations on proceeding with the merger.
Watson/Doty said that they're NOT 100% sure that no surprises remain in Enron's books--but that the risk/reward offered by the combination was compelling.
The deal does have material-adverse-change outs for Dynegy, covering any MAC regarding Enron's assets or businesses.  Dynegy's lawyers indicated that the MAC language was a 'blunt instrument' under which it would be difficult to bring a case, so Dynegy inserted a specific paragraph that gives Dynegy the right to terminate the merger if the Enron's total legal liability (from any source or cause of action) tops $3.5Bn prior to closing.
McMahon adds that there 'could' be more restatements, but he 'does not expect' there to be more restatements.
ENE international hard assets definitely on the asset disposition list.
The merger structure calls for a new entity to take over Enron.
Enron is planning to hold an Enron-specific conference call in the next few days, tentatively scheduled for Wednesday.
Initial reaction of ratings agencies 'very positive' to combined entities.
McMahon acknowledges that Enron would have had to have an additional equity infusion prior to year-end, had the merger not materialized.
Dynegy's earnings guidance places Enron-related earnings accretion at $0.90-0.95, which represents a '25% haircut' to Enron internal estimates.  Doty says that this is all operating earnings--figure does not include any amounts from expected synergies.
Doty says that both Enron and Dynegy's books, as far as he understands, are relatively short-term in weight, and this will continue to be the weighting of the new entity.  Says a 'very very substantial' portion of future trading earnings will be expected to be cash.
ChevronTexaco's investment in Dynegy was calculated at a 5% discount to public prices on the date of negotiation (not disclosed).  Given the runup in Dynegy stock last week, ChevronTexaco's investment is now at a 'more substantial' discount to market prices.  ChevronTexaco has provision to get 'different prices at closing if those prices are substantially better'.  (No further clarification given).
Whalley believes that 'we'll retain' the Enron traders and marketers. They're used to being part of a winning team, and the combined entity will definitely be a winner.  They have talked with most of the Enron business leaders, and they are 'very excited' by the combination.  They will be working with the Enron business leaders to ensure talent is retained.  Whalley was asked if there will be any key employee retention provisions.  He says that 'to the extent necessary, yes.'
Watson says that the trading strategy of the combined entity will be a combination of DYN and ENE--there will be more of an asset-backed trading focus, but by the same token the new Dynegy will be involved in much more financial market-making trading than the Dynegy of today.
Watson says that if there were to be any change in culture, he's a strong team player.  He does not want to see an individual do well if the company or division does not do well.

Give me a call if you'd like me to try to clarify any of these comments.

Patrick Tucker
x3-3055


Hey :
Just wanted to see if you're doing anything tonight...
Any interest in getting dinner?
John


I have received notice that I need to attend the Sandhill board of directors meeting tomorrow.   Clint Dean will be trading the Asset book.
I will be available via cell phone.

Thanks,
JMF


Hey, If you are able to do the TV, can you meet me this weekend?

-----Original Message-----
From: Eric.Bass@enron.com [mailto:Eric.Bass@enron.com]
Sent: Wednesday, November 15, 2000 4:45 PM
To: shusser@enron.com; dfranklin@hanovermeasurement.com; Bass, Jason;
daphneco64@bigplanet.com; lwbthemarine@bigplanet.com
Subject:

http://www.rsn.com/pages/include/cams/campic.html?rsn_resort=telluride


Are you on this list yet??
Wasn't sure, so here it is.
Michele

 -----Original Message-----
From: 	Marchiony, Allison
Sent:	Monday, October 22, 2001 6:54 PM
To:	NYPP-JM Market Meeting@ENRON
Subject:	Market Meetin Agenda -- Call is at 9:00 AM

Please note the change in time and location

Agenda

Deal List

Conference Call Details
Date	Tuesday October 23, 2001
Time	9:00AM (cst)
Dial-in	800-991-9019
Passcode	6448018
Location	751


I believe that, unless a stay is granted, we must comply with the requirements.

 -----Original Message-----
From: 	Cantrell, Rebecca W.
Sent:	Tuesday, September 25, 2001 9:55 AM
To:	Nicolay, Christi L.
Cc:	Miller, Mary Kay; Butler, Janet; Alvarez, Ray; Bagot, Nancy; Benner, Martha; Benson, Eric; Blair, Lynn; Boatman, Jack; Bradley, Rob; Branney, Theresa; Brennan, Lorna; Briggs, Tom; Comnes, Alan; Cordes, Bill; Corman, Shelley; Culwell, Christi; Daniel, Shonnie; Darveaux, Mary; Dietz, Rick; Dornan, Dari; Dushinske, John; Farrell, Sharon; Fossum, Drew; Fulton, Donna; Goodpasture, John; Hammond, Pearce; Harris, Steven; Hartsoe, Joe; Hass, Glen; Hayes, Robert; Hayslett, Rod; Heckerman, Bambi; Hess, Theresa; Hill, Robert; Holmes, Bradley; Holtzman, Staci; Hopkins, Tamara; Huber, Lee; Janousek, Martha; January, Steven; Kean, Steven J.; Kilmer III, Robert; King Jr., Frazier; Kirk, Steve; Kissner, Tim; Lantefield, Laura; Lawrence, Linda L.; Lichtenwalter, Blair; Linnell, Elizabeth; Loeffler, Michael; Lokey, Teb; Lowry, Phil; Mann, Ruth; Mara, Susan; Martens, Donna; McCoppin, Dorothy; McGowan, Mike W.; Miller, Terri; Nacey, Sheila; Nelson, Kimberly (ETS); Neppl, Ray; Neubauer, Dave; Neufeld, Eva; Neustaedter, Robert; Nicolay, Christi L.; Novosel, Sarah; Paladino, Ranelle; Palmer, Maureen; Paschal, Zelda; Patterson, Geneva; Pavlou, Maria; Petersen, Keith; Place, Janet; Porter, Gregory J.; Pribble, Dan; Pryor, Tony; Raker, Colleen; Rice, Randy; Ringblom, Kathy; Robertson, Linda; Saunders, James; Sawyer, Lisa; Scott, Donna; Shafer, John; Shapiro, Richard; Soldano, Louis; Stanton, Lon; Steffes, James D.; Sullivan, Kathleen; Talcott, Jim; Taylor, Gina; Tu, Denis; Van Norden, Mike; Veatch, Stephen; Vignaroli, Donald; Warner, Jody; Watson, Kimberly; Wilkie, Kim; Winckowski, Michele; Wininger, James; Yoho, Lisa; Atkisson, Margaret; Bianchi, Rita; Bourg, Naomi; Lehn, Terry; Puetz, Fred; Horton, Stanley; Wilson, Rob
Subject:	RE: Two proceeding changes

Christi --  I don't think it changes the requirement to file by October 1 either, and we are proceeding under the same schedule.  Several rehearing requests were submitted, including one for ENA/EES.  However, note the following which I sent out in an earlier message to the ENA/EES western commercial and government affairs folks (I noted you deleted your message without reading it.)  I consider the tolling of the rehearing order along with this OMB ruling a good sign.

As detailed in the attached FERC notice, the Office of Management and Budget (OMB) has approved FERC's Information Collection Request for "Reporting of Natural Gas Sales to the California Market" through the six-month emergency period that will expire on 1/31/02.  (Emergency reporting requirements are automatically approved for six months under the OMB regulations.)  However, it gave FERC several conditions that would have to be met before the reporting requirements could be extended.

OMB has advised FERC that, if it decides to request renewal of the Information Collection Request after that date, it must address certain issues as part of its supporting statement (more specifically, "include an explicit discussion").  As you may remember, in addition to requesting rehearing of the FERC order, ENA and EES submitted comments to OMB regarding our problems with FERC's estimate of the burden on affected companies of the proposed collection of information.  We pointed out that we do not manage our business in the manner contemplated by the reporting requirements, much less keep our records in that manner.  We manage our business on an aggregated basis, and complying with the requirements will require us to implement significant manual review and analysis to arbitrarily define the components of a sale.  We stated that we might even have to hire full-time staff to dedicate to the task.

The issues that we raised in our comments are the same ones that OMB requires FERC to address if they submit a request for approval to extend the reporting requirements past 1/31/02.  (FERC indicated in its July order that it intended to extend the reporting requirement through 9/30/02 to coincide with the end date of its mitigation plan.)  OMB questioned the practical utility of requiring disaggregated data when "commenters" reported that they did not maintain the data in a way that allowed them to report it that way.  OMB expressed concern that the data collection would require significant data manipulation in order to respond, and the resulting disaggregation would likely be artificial.  OMB also required FERC to evaluate its burden estimates after "consulting with respondents", and it must provide a list of the names, affiliates, and phone numbers of the respondents it contacted.

FERC has not yet issued an order on our rehearing request.  While we would not expect them to withdraw the reporting requirements entirely, it may be that the OMB action will affect their final decision.  At the least, it sends a signal!

 << File: IC01-721.00A (OMB).doc >>

 -----Original Message-----
From: 	Nicolay, Christi L.
Sent:	Tuesday, September 25, 2001 8:58 AM
To:	Cantrell, Rebecca W.
Subject:	FW: Two proceeding changes

 -----Original Message-----
From: 	Miller, Mary Kay
Sent:	Monday, September 24, 2001 5:45 PM
To:	Butler, Janet; Alvarez, Ray; Bagot, Nancy; Benner, Martha; Benson, Eric; Blair, Lynn; Boatman, Jack; Bradley, Rob; Branney, Theresa; Brennan, Lorna; Briggs, Tom; Comnes, Alan; Cordes, Bill; Corman, Shelley; Culwell, Christi; Daniel, Shonnie; Darveaux, Mary; Dietz, Rick; Dornan, Dari; Dushinske, John; Farrell, Sharon; Fossum, Drew; Fulton, Donna; Goodpasture, John; Hammond, Pearce; Harris, Steven; Hartsoe, Joe; Hass, Glen; Hayes, Robert; Hayslett, Rod; Heckerman, Bambi; Hess, Theresa; Hill, Robert; Holmes, Bradley; Holtzman, Staci; Hopkins, Tamara; Horton, Stanley; Huber, Lee; Janousek, Martha; January, Steven; Kean, Steven J.; Kilmer III, Robert; King Jr., Frazier; Kirk, Steve; Kissner, Tim; Lantefield, Laura; Lawrence, Linda L.; Lichtenwalter, Blair; Linnell, Elizabeth; Loeffler, Michael; Lokey, Teb; Lowry, Phil; Mann, Ruth; Mara, Susan; Martens, Donna; McCoppin, Dorothy; McGowan, Mike W.; Miller, Terri; Nacey, Sheila; Nelson, Kimberly (ETS); Neppl, Ray; Neubauer, Dave; Neufeld, Eva; Neustaedter, Robert; Nicolay, Christi L.; Novosel, Sarah; Paladino, Ranelle; Palmer, Maureen; Paschal, Zelda; Patterson, Geneva; Pavlou, Maria; Petersen, Keith; Place, Janet; Porter, Gregory J.; Pribble, Dan; Pryor, Tony; Raker, Colleen; Rice, Randy; Ringblom, Kathy; Robertson, Linda; Saunders, James; Sawyer, Lisa; Scott, Donna; Shafer, John; Shapiro, Richard; 'Smith, Mike'; Soldano, Louis; Stanton, Lon; Steffes, James D.; Sullivan, Kathleen; Talcott, Jim; Taylor, Gina; Tu, Denis; Van Norden, Mike; Veatch, Stephen; Vignaroli, Donald; Warner, Jody; Watson, Kimberly; Wilkie, Kim; Wilson, Rob; Winckowski, Michele; Wininger, James; Yoho, Lisa; Atkisson, Margaret; Bianchi, Rita; Bourg, Naomi; Lehn, Terry; Puetz, Fred
Subject:	RE: Two proceeding changes

Does this result in any change to the requirements to comply on 9/30?  I don't see any, but was curious??  Mary Kay

 -----Original Message-----
From: 	Butler, Janet
Sent:	Monday, September 24, 2001 5:11 PM
To:	Alvarez, Ray; Bagot, Nancy; Benner, Martha; Benson, Eric; Blair, Lynn; Boatman, Jack; Bradley, Rob; Branney, Theresa; Brennan, Lorna; Briggs, Tom; Butler, Janet; Comnes, Alan; Cordes, Bill; Corman, Shelley; Culwell, Christi; Daniel, Shonnie; Darveaux, Mary; Dietz, Rick; Dornan, Dari; Dushinske, John; Farrell, Sharon; Fossum, Drew; Fulton, Donna; Goodpasture, John; Hammond, Pearce; Harris, Steven; Hartsoe, Joe; Hass, Glen; Hayes, Robert; Hayslett, Rod; Heckerman, Bambi; Hess, Theresa; Hill, Robert; Holmes, Bradley; Holtzman, Staci; Hopkins, Tamara; Horton, Stanley; Huber, Lee; Janousek, Martha; January, Steven; Kean, Steven J.; Kilmer III, Robert; King Jr., Frazier; Kirk, Steve; Kissner, Tim; Lantefield, Laura; Lawrence, Linda L.; Lichtenwalter, Blair; Linnell, Elizabeth; Loeffler, Michael; Lokey, Teb; Lowry, Phil; Mann, Ruth; Mara, Susan; Martens, Donna; McCoppin, Dorothy; McGowan, Mike W.; Miller, Mary Kay; Miller, Terri; Nacey, Sheila; Nelson, Kimberly (ETS); Neppl, Ray; Neubauer, Dave; Neufeld, Eva; Neustaedter, Robert; Nicolay, Christi L.; Novosel, Sarah; Paladino, Ranelle; Palmer, Maureen; Paschal, Zelda; Patterson, Geneva; Pavlou, Maria; Petersen, Keith; Place, Janet; Porter, Gregory J.; Pribble, Dan; Pryor, Tony; Raker, Colleen; Rice, Randy; Ringblom, Kathy; Robertson, Linda; Saunders, James; Sawyer, Lisa; Scott, Donna; Shafer, John; Shapiro, Richard; Smith, Mike; Soldano, Louis; Stanton, Lon; Steffes, James D.; Sullivan, Kathleen; Talcott, Jim; Taylor, Gina; Tu, Denis; Van Norden, Mike; Veatch, Stephen; Vignaroli, Donald; Warner, Jody; Watson, Kimberly; Wilkie, Kim; Wilson, Rob; Winckowski, Michele; Wininger, James; Yoho, Lisa; Atkisson, Margaret; Bianchi, Rita; Bourg, Naomi; Lehn, Terry; Puetz, Fred
Subject:	Two proceeding changes

FERC issued this tolling order today  on natural gas sales to California

http://cips.ferc.fed.us/Q/CIPS/RULES/RM/RM01-9.001.TXT

and issued a notice rescheduling the Sixth Interstate Facility Planning Seminar until October 26, 2001

http://cips.ferc.fed.us/Q/CIPS/MISC/M_MS/MS092401.000.TXT


Klaus,
I spoke with Hollis.
He sounds fine.
He is not sure when he will be back to work.
They still do not know exactly what happened.

I spoke with Mark Fisher.

He is in Hollis' group.

He can support your request, but he needs more information.

Please contact him after our Thursday SCADA conference call.

Mark Fisher
661-823-6545

Mark,
Please see Klaus' request below.

I've included Klaus' contact information.

Klaus Holtel
011-49-5971-980-1122 office
011-49-171 635 7034 mobile

Thank you.

Ron

Klaus Holtel@TWTDE
05/22/2002 09:58 AM
To: Ronald Brzezinski/EWC/Enron@ENRON, Kevin.Cousineau@ENRON@TWTDE
cc: Martin Essing/DEVELOP/TWT/DE@TWTDE

Subject: Spannungswerte USA

Ron,

I have heard that Hillis is a hospital. Is it true?
Can you support us?

Kind Regards,
Klaus
---------------------- Weitergeleitet von Klaus Holtel/DEVELOP/TWT/DE am
22.05.2002 18:55 ---------------------------

Klaus Holtel
22.05.2002 15:33
An: Hollis Kimbrough/EWC/Enron@ENRON
Kopie: Martin Essing/DEVELOP/TWT/DE@TWTDE
Thema: Spannungswerte USA

Hi Hollis,

how are you? I hope everything is fine!

Hollis, at the meeting in Spain you told me, that it is no problem for you to
support us in Germany with data from US sites.
Now, Martin Essing from the group "BUG" need the following data over the
lifetime of the turbine.

Site:   Turbine  Data
Indian Mesa  #34, #56    10sec. averrage: Voltage Phase A, Voltage Phase B,
Voltage Phase C, Power, cos phi
Indian Mesa  #34, #56    10min. averrage: Voltage Phase A, Voltage Phase B,
Voltage Phase C, Power, cos phi
Indian Mesa  #34, #56    24h averrage: Voltage Phase A, Voltage Phase B,
Voltage Phase C, Power, cos phi

Trent Mesa  #1, #5, #10, #15  10sec. averrage: Voltage Phase A, Voltage Phase
B, Voltage Phase C, Power, cos phi
Trent Mesa  #1, #5, #10, #15  10min. averrage: Voltage Phase A, Voltage Phase
B, Voltage Phase C, Power, cos phi
Trent Mesa  #1, #5, #10, #15  124h averrage: Voltage Phase A, Voltage Phase
B, Voltage Phase C, Power, cos phi

Thank you Hollis for your support.

Kind Regards,
Klaus Holtel
GE Wind Energy GmbH
SCADA Development
Holsterfeld 16
48499 Salzbergen, Germany

---------------------- Weitergeleitet von Klaus Holtel/DEVELOP/TWT/DE am
22.05.2002 15:21 ---------------------------
Von: Martin Essing am 22.05.2002 15:00
An: Klaus Holtel/DEVELOP/TWT/DE@TWTDE
Kopie:
Thema: Spannungswerte USA

Tach, wie besprochen:

von den Anlagen  Indian Mesa  #34 und #56 sowie von einigen beliebigen
Anlagen in Trend Mesa h,tte ich gerne die Netzspannungswerte / Leistung /cos
phi

als Minutenmittelwerte Tagesmittelwerte Sekundenwerte   (minana%s dayana%s
secana%s blitze)

Martin


Can we please have the RC that should be charged for the upgrade for Todd's
housing from single to accompanied?

Thanks,

Jane

---------------------- Forwarded by Jane Allen/HOU/ECT on 03/17/2000 08:31 AM
---------------------------

Tara Rozen
03/17/2000 02:58 AM
To: Matt Hatton/LON/ECT@ECT
cc: Lisa McRae/LON/ECT@ECT, Jane Allen/HOU/ECT@ECT
Subject: Todd Hall

Matt

Please can you arrange for Todd Hall, who is coming from Houston to work for
Barry Pearce, to stay at Dolphin Square apartments? Please liaise with him
directly on this.

We have a bit of a complicated costing situation. Barry Pearce will be taking
the cost of the normal one bedrooms at Dolphin Square and Sally is taking the
rest of the cost.

Jane - please provide the costs for Sally's RC.

Thanks
Tara
---------------------- Forwarded by Tara Rozen/LON/ECT on 17/03/2000 08:56
---------------------------

	Enron Capital & Trade Resources Corp.

	From:  Jane Allen                           15/03/2000 21:43

To: Tara Rozen/LON/ECT@ECT
cc: Sally Beck/HOU/ECT@ECT

Subject: Todd Hall

Sally has decided to go with the 2 bedroom Dolphin Square accommodations for
Todd.  Please reserve them for March 25th through at least April 15.

Thanks.

Jane


Hi Shack:  I'm here. Have fun at homecoming.
-kai-
Fu

> -----Original Message-----
> From:	craig_shackleton@amat.com [SMTP:craig_shackleton@amat.com]
> Sent:	Monday, October 22, 2001 3:56 PM
> To:	smu-betas@yahoogroups.com
> Subject:	[smu-betas] SETI via eWooglin
>
>
> Brothers,
> It has come to my attention that either our YahooGroup is not working,
> or you are not communicating.  So this message is a Search for
> ExtraTerrestial Intelligence among the select Betas that make up this
> august group. I will even count terrestial intelligence this time.
>
> What with Homecoming only 5 days away, we figured there would be some
> message traffic on eWooglin.
>
> Hit reply when you see this message to let me know if there is life
> out there.
>
> -kai-
> Shack
>
>
>
>
> At Homecoming 2000, the BETA TENT had the biggest crowd by far.  Stay
> connected and consider a future homecoming BETA reunion.  It's
> incredible...forget the 20 years in between...everyone just seems to pick
> it up right where they left off years ago.
>
>
>
> Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
>

------------------------ Yahoo! Groups Sponsor ---------------------~-->
FREE COLLEGE MONEY
CLICK HERE to search
600,000 scholarships!
http://us.click.yahoo.com/Pv4pGD/4m7CAA/ySSFAA/Vk9qlB/TM
---------------------------------------------------------------------~->

At Homecoming 2000, the BETA TENT had the biggest crowd by far.  Stay connected and consider a future homecoming BETA reunion.  It's incredible...forget the 20 years in between...everyone just seems to pick it up right where they left off years ago.

Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/


Please see below with respect to referenced HPL counterparty.

---------------------- Forwarded by Lee L Papayoti/HOU/ECT on 09/20/2000
09:42 AM ---------------------------

"Dale, Martin (MQDA)" <MQDA@chevron.com> on 09/20/2000 09:39:41 AM
To: "'Lee.L.Papayoti@enron.com'" <Lee.L.Papayoti@enron.com>
cc:
Subject: RE: New HDPE plant

Lee,

I think that neither entity (Chevron or Phillips Corp) is considered a
general partner.  Our company, Chevron Phillips Chemical Co. is directly and
solely responsible for payment of all debt.

While I was out, did Ron Corn get you set up to speak with someone in our
Treasury Dept?  I forwarded your inquiry to Ron, so hopefully he handled
what you needed a couple of weeks ago.

Martin Dale
Manager - Feedstock & Fuels
phone: (713) 754-2612  fax: (713) 754-3295

> -----Original Message-----
> From: Lee.L.Papayoti@enron.com [SMTP:Lee.L.Papayoti@enron.com]
> Sent: Tuesday, September 19, 2000 9:40 AM
> To: MQDA@chevron.com
> Subject: New HDPE plant
>
>
> Martin:
>
> Haven't gotten the finished contract yet - just trying to figure out how
> to
> assign the existing "Master Contract" to the new LP entity.  Also, which
> entity will be the General Partner executing on behalf of the LP??
>
> Thanks for information on the HDPE plant.  Whenever you get a handle on
> amount of new natural gas use and required pressure, please let me know.
> I
> want to get our engineering types to figure out whether we need to do any
> upgrades and/or expand the meter station.
>
> Thanks
>
> Lee
>
>
>
>
>
>
> "Dale, Martin (MQDA)" <MQDA@chevron.com> on 09/18/2000 07:05:44 PM
>
> To:   "'Lee.L.Papayoti@enron.com'" <Lee.L.Papayoti@enron.com>
> cc:
> Subject:  RE: New HDPE plant
>
>
> Thanks, Lee.
>
> There is probably a 99% chance this plant site will be Cedar Bayou.  (We
> were also looking at Orange, TX and the Houston Chemcial Complex in
> Pasadena.  However, these two sites have various problems.)
>
> The main thrust of this press release is that the first JV unit will be
> built at one of Chevron Phillips' locations - and the second JV unit will
> be
> build at the Solvay site.  However, there are very strong reasons that
> Cedar
> Bayou will get this new unit.  So, this should add to our HPL demand at
> this
> site.
>
> Thanks for your interest Lee.
>
> By the way, have you sent copies of the new contract for Cedar to me?  I
> have not see.  Also, I have now moved to room number 1341, still at 1301
> McKinney.
>
> Martin Dale
> Manager - Feedstock & Fuels
> phone: (713) 754-2612  fax: (713) 754-3295
>
> > -----Original Message-----
> > From:   Lee.L.Papayoti@enron.com [SMTP:Lee.L.Papayoti@enron.com]
> > Sent:   Monday, September 18, 2000 5:15 PM
> > To:     Martin Dale
> > Subject:     New HDPE plant
> >
> > Martin:
> >
> > Justr wanted to be the first natural; gas company to start talking to
> > ChevronPhillips about a natural gas supply for the new HDPE plant to be
> > built jointly with Solvay.
> >
> > The news release at:
> >
> > http://www.cpchem.com/newsroom/pr/090800.htm
> >
> > was not specific as to location of the plant.
> >
> > Let me know what you can - I know you have a million other things going
> > on.
> >
> > Lee Papayoti
> > 713-853-5923
> >
>
>
>
>
>


Only if you can guarantee me 34 points every week.

	Enron North America Corp.

	From:  Eric Bass                           11/02/2000 02:33 PM

To: Steve Venturatos/HOU/ECT@ECT
cc:
Subject: Trade

I will give you Bill Schroeder/Darnell Autry and Kyle Brady for Frank Wycheck


The monthly accummulated imbalances has been identified by area.


We need to update the advice we received from Mexican counsel to address the
online trading issue.  I spoke to Nony and while we're at it I'm also going
to ask whether there are any other updates since they rendered their original
advice.  Are there are other issue you would like to add to our request for
advice?


Have you checked this out?
---------------------- Forwarded by Kay Mann/Corp/Enron on 03/06/2001 08:56
AM ---------------------------

memories@classmates.com@cmates.com on 03/06/2001 06:18:37 AM
Sent by: bounce+OM_1721158593@cmates.com
To: kay.mann@enron.com
cc:

Subject: Memory Mail (#77821201)

Hi, Kay.

There's great news for you over at ClassMates.com!

You've asked us to keep track of your fellow
Southwest classmates. The following
are recent additions to your school:

1 person found from the class of 1961
1 person found from the class of 1965
2 people found from the class of 1969
3 people found from the class of 1970
3 people found from the class of 1971
3 people found from the class of 1972
5 people found from the class of 1973
1 person found from the class of 1974
1 person found from the class of 1975
6 people found from the class of 1976
3 people found from the class of 1977
3 people found from the class of 1978
2 people found from the class of 1979
2 people found from the class of 1980
2 people found from the class of 1981
4 people found from the class of 1982
2 people found from the class of 1983
2 people found from the class of 1984
1 person found from the class of 1985
2 people found from the class of 1986
1 person found from the class of 1987
2 people found from the class of 1988
3 people found from the class of 1989
3 people found from the class of 1990
6 people found from the class of 1991
3 people found from the class of 1992
2 people found from the class of 1993
1 person found from the class of 1994
6 people found from the class of 1995
2 people found from the class of 1996
8 people found from the class of 1998
1 person found from the class of 1999
3 people found from the class of 2000
1 person found from the class of 2001
1 person found from the class of 2002
1 person found from the class of 2003

http://www.classmates.com/go/e/77821201/MM105/MM01

Some things get better with age. Are you one of them? Why
not show off your improvements with a paid membership?
Upgrade your access to ClassMates.com for US$29.50 and get
in touch with the old gang.

http://www.classmates.com/go/e/77821201/MM105/MM04

Sincerely,

All of us at ClassMates.com
Delivering thousands of memories a day.

We hope you enjoyed receiving this message; if you would
rather not receive this notice, please update your
preferences on our email subscription page.

http://www.classmates.com/go/e/77821201/MM105/MM03


Hello to each of you!

As you've heard from Paul, I'm going to be working with your team to devise
some very specific and concrete strategies to enhance the way you, both
individually and as a group of co-workers, contribute to achieving the
business goals established for your office.

I'm going to be on your conference call this coming Thursday to give you an
overview of the process Paul and I have discussed. I'll try to answer
questions and give you as much insight and "comfort" as I can. I know it's a
bit awkward working on an effort such as this with someone you've never laid
eyes on. It was for that reason I was hoping that I'd be able join your staff
meeting in person this week and meet you "face-to-face" but the stars didn't
align quite right so that's just going to have to wait a few weeks. The
trusty e-mail system and the telephone will just have to suffice for our
initial work together!

The first part of this process is to get some "base line" data so that there
is a sort of "level playing field" of information that we're working with.
Recognizing that you're already deluged with surveys and assessments, it is
only after great consideration that I'm asking you to complete the one that's
attached to this note! Frankly, there's just no easy way to get this initial
perspective so I hope you'll understand.

Here's what I'd like you to do:
 - Complete the assessment - it's only 25 items in length and all are pretty
straightforward.
 - Print off a hard copy and hold on to the assessment! Just keep it with you.
 - When we "talk" on the conference call this Thursday, 4/13, be prepared to
work with me on setting-up
    a time for you and me to have about 45 minutes or an hour to go over your
responses in some detail - on the      telephone, unfortunately.

I'll write this to you now and will say it to you in the future -  everything
we discuss is strictly confidential. My interest is only in establishing some
understanding of the work climate within your team.

After I've gathered the assessment and discussion information and have had a
chance to review and digest it, I'll be coming out to your fair city for an
"off-site" workshop. I'll tell you more about that on Thursday in addition to
setting some dates on which to hold the workshop that will work for all of
you (I know that's going to be the challenge!)

One final word (or two): My intention in this work with you and your team
will be strictly focused on the "here and now" and on what future, specific
action items we can identify and implement that will enhance your individual
and team performance to produce the desired business results.

Talk with you on Thursday and I'm looking forward to working with you.

Best Regards,

Don Miller


FYI - my details to Philippe
---------------------- Forwarded by Sally Beck/HOU/ECT on 10/18/2000 10:39 PM
---------------------------

	Enron North America Corp.

	From:  Sally Beck                           10/18/2000 10:39 PM

To: Philippe A Bibi/HOU/ECT@ECT
cc: Peggy McCurley/HOU/ECT@ECT
Subject: Speaking Engagement for Operations Controller Forum

Thanks in advance for agreeing to speak at the Global Operations Controller
Forum.  Dress for the forum is casual, so feel free to do the same.  There
will be approximately 30 Enron business controllers present at the meeting.
All have responsibility for mid and back office operations for the following
Enron entities:  Enron North America, Enron Europe, Enron South America,
Enron Global Markets, Enron Industrial Markets, Enron Broadband Services and
Enron Energy Services.  Attendees will be here from Houston, Calgary, Tokyo,
Sydney, London and New York (metals business).

Attached for your reference is the agenda. There may be some slight changes
before the forum begins, but this will give you a good idea of the topics to
be covered and the other speakers who will address the group.

You and I talked about Monday or Tuesday afternoon, October 23 or 24.  I have
tentatively put you on the agenda over lunch on Tuesday as detailed below.
I hope that you can join us for lunch and address the group either before or
after you eat - your choice on that.  I will call Peggy to check on your
schedule, and if this does not work we can rearrange.

Date:  Tuesday, October 24, 2000
Time:  Noon
  (lunch will be served from 12:00 to 1:30)
Place:  The Warwick Hotel
  The Versailles Room - 12th Floor
  5701 Main Street
  Houston,  TX  77005

I have noted that your topic will be Technology's vision for supporting
global trading operations.  I know that the group would also like to hear
about what is going on in Enron Networks.  We can alter the topic as you
would like.
Let me know if you have any questions and thanks again for joining us.


RTO Week

 <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

Day 4 - October 18, 2001

Afternoon Session

Standardizing Markets, Business, and Other Practices

Panelists for this discussion were:  Sarah Barpoulis, PG&E National Energy Group; William P. Boswell, GISB; Bill Burkes (substituting for David J. Christiano), City Utilities of Springfield, Missouri; David N. Cook, NERC General Counsel; Michael Kormos PJM Interconnection; LeRoy Koppendrayer, Minnesota Public Utilities Commission; and Marty Mennes, Florida Power & Light Company.

General Observations

The Commissioners were all present the majority of the time (Massey left late in the  afternoon).  FERC Staff was active in the discussion; however, the commissioners were very active as well, asking perhaps as much as 70% of all questions.  There was a general consensus that standards were needed; much discussion focused simply on how much and by who. The Commission seemed very interested in leaning what they needed to do to move the industry forward and how far they needed to go.  Panelists urged the need to mover forward as quickly as possible, but both they and FERC seemed to recognize that some of the issues regarding standardized market design and such needed to be addressed before RTOs could really begin to move forward.  There was discussion on identifying which industry group (NERC or GISB) would take the reins in the future.  On an interesting tangential note, there was noticeable conflict between NERC and GISB, with veiled insults between the two organizations somewhat common during the discussions.

FERC Deliverables

A great deal of the discussions focused on identifying what the industry needed from the Commission.  Staffers probed all panelists to find what they felt was critical.

The first major topic was "How many RTOs?  What is their scope?"  All panelists seemed to agree that this question needed to be answered immediately by FERC, in strong definitive language.  N o one offered any specific language, but seemed to be urging FERC to issue a formal statement.

The next topic was, "What will be standard market design?"  Panelists varied on this, but most felt strong guidance from FERC is urgent.  Some urged for one mandatory design for North America, one supported a set of rigid standard designs, one supported a single design with requests for exceptions (followed by an in-depth review process), and one seemed to prefer the current situation.

The commission in general seemed to be very interested in understanding what the industry needed to move forward.  They continually visited this topic throughout their discussions, asking questions like, "Do we need to issue a Mega-Order that addresses all these issues?" and, "How much detail do you need us to provide?"   General feel from the panelsists seemed to be they wanted strong leadership in this areas.  Kormos and Burkes went so far as to say FERC should "Mandate as much as they felt comfortable - and then go a little further."  Others seemed to be a little worried about this idea, but in general did not oppose the concept, citing only general warnings and the need for cautious investigation.

One item of interest: Wood referred to the filing made by the Electronic Scheduling Collaborative and specifically asked if the items identified in the "RTO Design and RTO Implementation" section would address many of the questions and uncertainty facing the industry with regard to RTO design.  Kormos indicated that clear and specific answers to these questions specifying a course of action would go a long way toward guiding the industry.  The section to which Wood referred was one that I wrote, and asked the following questions:

?         Congestion Management - When Operational Security Violations occur, how is the system to be stabilized in a fair and equitable manner that is nonetheless efficient?  Will LMP based systems be standard, or will there be others that must be accommodated?

?         Transmission Service  - Are transmission services required to schedule ("covered" schedules only), or are they risk management tools protecting from congestion charges (both "covered" and "uncovered" schedules are allowed)?

?         Loop Flows  - Are contract-path based or flow-based transmission services appropriate?  If contract-path based, how are parallel path issues to be addressed?

?         Grandfathered Transmission Service - Should contracts existing prior to RTO development be transferred, or is there an equitable way to retire those contracts?  Are there other solutions?

?         Energy Imbalance Markets - How are imbalance markets to function? Will they serve as real-time energy markets (support unbalanced schedules), be limited to supplying needs of imbalance service (require balanced schedules), or will they be required at all?

?         Ancillary Services - Will ancillary service markets be developed in standard ways?  Will entities be required to actually schedule ancillary services (required to schedule), or will they be treated primarily as financial instruments (protecting against real-time POLR charges)?

?         Losses - Can we utilize the imbalance markets to support losses?  Can we create specific loss standards that facilitate the scheduling process, or must we support methods that are currently in tariffs, but technically unwieldy?

?         Non-Jurisdictionals - How are non-jurisdictionals to be integrated into the new world?  Should systems be designed with the assumption that non-jurisdictional will be part of an RTO?  Or should they be designed to treat each NJE as a separate entity?

Hopefully, FERC will use this section as a template to answer these critical questions in an assertive manner, and give some solid direction in which to move. Kormos emphasized the need for concrete answers to these questions, pointing out that vague answers (i.e., "do congestion management") will take a year or two to resolve, but specific answers (i.e., "LMP with financial hedging instruments") will take only months.  The Commission asked Mike about moving forward, and he told them that effectively, it was impossible to move forward with implementation without getting these issues addressed.

Now for a  funny point - One of the commissioners (I think Breathitt) referred to some concerns expressed in the Northwest that their high concentration of hydro power makes LMP inefficient for the Northwest.  Kormos flat out said, "My profession is understanding how power systems work, and I don't believe that that statement is true."  He then backpedaled a bit and said that it would need more study, but he stood by his statement that the assertion by the Northwest interests was false.

NERC and GISB

A great deal of discussion focused around the need for a single standard-setting organization.  Massey went so far as to ask, "Are we looking at a beauty contest between NERC and GISB?"  Cook and Boswell then went into several short polite jabs at each other's organizations.  Other participants continually reiterated the need for ONE, INDEPENDENT organization.  Interestingly, Boswell was very emphatic about the established trust and respect in GISB, while Cook preferred to only talk about the "new" structure of NERC and did not focus on its history.

Brownell offered some not-too-subtle passive support of GISB by pointedly asking both Cook and Boswell if they lobbied political positions (i.e., were they not only an organization but also a stakeholder?).  GISB was easily able to say they were not, but NERC of course had to admit to their romancing of Congress and the Bush administration for reliability legislation. Point, Brownell.

Mennes acted as somewhat of a supporter for NERC, playing Dave Cook's yes-man.  He probably did them a little bit of harm by pointing to NERC's supposed "successes," such as TLR and E-Tag.  If staffers have tenure, they will likely remember that these "successes" have not been so successful, resulting in several filings and interventions.  We may also wish to file comments in specific objection to these claims, to refresh their memory and to show the pretty picture Marty painted was in fact a fiction.

There was a little discussion about splitting reliability and market issues, but general consensus was that I could not be done.  There was also some talk of folding NERC under GISB/EISB.

The arguments began winding down after a some time, and Boswell strongly urged the Commission to speak to industry executives and advocacy group leadership to see whether NERC or GISB should lead the industry forward.  NERC somewhat less enthusiastically supported this position.  In general, I would say it was a close fight but GISB came out more on top.

Let me know if you have any questions.

Andy Rodriquez
Regulatory Affairs - Enron Corp.
andy.rodriquez@enron.com
713-345-3771


Gerald-

Attached is NWPL's proposed facilities agreement.  We're still working on
final scope/costs, but I thought you might want to take a look at the
idemnification, governing law,etc.,etc.......

Also, I have a hard copy of the agreement Ken is working with Grand Valley
Power.  Again, final costs have not been determined.  I'll deliver a copy to
your office.

Dave


---------------------- Forwarded by Judy Hernandez/HOU/ECT on 01/28/2000
03:34 PM ---------------------------

	Enron North America Corp.

	From:  Community Relations @ ENRON                           01/27/2000 05:54
PM

To: All Enron Houston
cc:
Subject: Enron Field/Houston Astros Tickets Announcement

As many of you know, the opening of Enron Field is quickly approaching.
Enron Field, the new 42,000 seat retractable roof ballpark, will make its
debut when the Astros play host to the World Champion New York Yankees on
March 30th and 31st.  The defending American League West Champion Texas
Rangers travel to Houston on April 1st.  The Astros open the 2000
Championship Season on the road before playing host to the Philadelphia
Phillies in the season opener on April 7th.

There have been numerous inquiries about how to secure tickets for Astros
games at Enron Field.  A limited number of tickets have been allocated for
Enron for these inaugural games.  However, we anticipate that the demand for
tickets by employees will exceed this allocation.  In an effort to keep all
of you informed, Astros tickets will be going on sale for the entire season
to the general public for single-game tickets beginning this Saturday,
January 29th at 9:00 a.m.

 We recommend you secure personal tickets for the games of your choice
through the traditional Astros ticket outlets listed below.  Enron will sell
a significant portion of its allotted tickets to employees in late February;
however, please remember that our supply of tickets is limited and will sell
out quickly.

 March 30 vs. New York Yankees (Inaugural exhibition game)
 March 31 vs. New York Yankees
 April 1 vs. Texas Rangers
 April 7 vs. Philadelphia Phillies (Opening Day)

ADVANCED TICKET PURCHASES:
Tickets for all 84 home games, including three exhibition games, will be
available at the Astrodome Box Office and the usual Ticketmaster outlets,
including Houston-area Foley's, Fiesta and Kroger stores.  Those who wish to
order by phone may do so by calling (713) 6-ASTROS.  Tickets are also
accessible on-line at  www.astros.com and www.ticketmaster.com.

A detailed follow up e-mail will be sent to provide more information on when
and where the Enron tickets will be sold.  In addition, Astros tickets will
be available to Enron employees throughout the season, and we will notify you
of these opportunities.


With the addition of Merchant Finance under my leadership it has become
necessary to realign administrative duties to ensure that everyone's needs
are taken care of in a timely manner.  Please make a note of the  following
changes:

 Renee Ingram - 21   Kelly Ellis - 22
 Georganne Hodges   Mary Lynne Ruffer
 Greg Whiting    Susan Helton
 Todd Warwick    Troy Klussmann
 Faith Killen    Jim Pond
      Jody Pierce

 Nicole Mendez - 17
 Hope Vargas
 Mike Galvan
 Pam Becton
 1 New Manager


Any more documentation on this deal?

Midwestern Gas Transmission
5/18/00 - Midwestern filed notice of a negotiated rate deal with Dynegy.  It
provides for a monthly reservation charge of $.025/dth and a tiered indexed
commodity rate based on spreads.  If the index spread is less than or equal
to $.02, then the daily commodity rate shall be $.01.  If the index spread is
greater than $.02 but less than $.10, then the rate shall be 50% of the
spread.  If the index spread is greater than $.10, then the rate shall be
$.05 plus 75% of the spread exceeding $.10.  The deal is effective 5/1/00
through 10/31/00.


Cheryl, Donna, Cassandra and Bill,

I am forwarding the Executiong Broker Agreement to Cheryl for legal review.
We use CSFB for Flow and Research.  CSFB is currently in the top 5 of
executing brokers.
Sheila


I believe these invoices are ENA's responsibility. Please send them back to
me.

	Becky Stephens@ENRON
	06/29/2000 05:22 PM

		 To: Janet Place/NPNG/Enron@ENRON, Richard B Sanders/HOU/ECT@ECT, Michael
Moran/ET&S/Enron@ENRON
		 cc: Britt Davis/Corp/Enron@ENRON, Charles Cheek/Corp/Enron@ENRON, Becky
Zikes/Corp/Enron@ENRON
		 Subject: DOJ Subpoena Investigation - V&E invoices

When we receive invoices from Vinson & Elkins relative to the DOJ matter, how
would you like for them to be apportioned?

Thank you.

Becky A. Stephens
Litigation Unit, Enron Corp.
713/853-5025
EB4809


Thanks.

	Britt Davis/ENRON@enronXgate 05/25/2001 03:01 PM 	   To: Richard B Sanders/HOU/ECT@ECT  cc:   Subject: In re M/V PACIFIC VIRGO

	Per your request for an update:

	1.  ECT sent its insurance claim letter out to Underwriters' adjusters in this matter last week.  No reply has yet been received.  We will monitor.

	2.  Mitsubishi has not pushed its demurrage claim of about $260,000.  Our solicitor, David Best, has had confirmed by our barrister that our time-bar defense against the demurrage claim is strong.

	3.  We are paying joint testing invoices 100% and submitting them for 50 % reimbursement to Mitsubishi.  So far, despite its agreement to do so, Mitsubishi has not reimbursed us at all.  We suspect that if we push this, Mitsubishi will start threatening to start up with the demurrage claim again.  At least until we find out what Underwriters' position will be, we do not suggest pushing Mitsubishi on this.

	I will keep you advised.

	Britt


I will be out 6/9 on a customer trip (San Antonio with Aquila).

I will be on vacation in July from 1st-7th.

D


----- Forwarded by Mark E Haedicke/HOU/ECT on 10/20/2000 11:49 AM -----

	Frank Sayre@ENRON_DEVELOPMENT
	10/19/2000 06:38 PM

		 To: Mark E Haedicke@ECT
		 cc:
		 Subject: Monthly Report - Caribbean

I know this is a bit longer than you usually get from your reports, but I
thought I would give you a more detailed report to begin the transition. Hope
this is ok.


-----Original Message-----
From: 	Kaiser, Jared
Sent:	Friday, January 11, 2002 8:50 AM
To:	Loving, Scott; Dinari, Sabra L.; Taylor, Craig; Goodell, Scott; Townsend, Judy; Germany, Chris; Boyt, Eric; Vickers, Frank
Subject:


---------------------- Forwarded by Carla Hoffman/PDX/ECT on 12/06/2000 06:05
AM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "Pergher, Gunther" <Gunther.Pergher@dowjones.com>
     12/05/2000 06:12 AM

To: undisclosed-recipients:;
cc:
Subject: DJ Calif Sen Introduces Bill To Change ISO, CalPX Board

13:16 GMT 5 December 2000 DJ Calif Sen Introduces Bill To Change ISO, CalPX
Board
(This article was originally published Monday)
LOS ANGELES (Dow Jones)--California State Senator Debra Bowen, D-Redondo
Beach, introduced a bill Monday at the senate's new session that, if
approved, would replace the governing boards of the state's Independent
System Operator and Power Exchange with a governor-appointed three-member
independent board.
In addition, Senate President Pro-Tem John Burton said he will introduce
legislation that would require power suppliers to register with the state
before doing business here and report all wholesale electricity sales and
bids to the state.
The CalPX governing board consists of 28 members and the ISO has 29.
The senate bill, backed by Senate President Pro-Tem John Burton, seeks to
eliminate a conflict of interest that currently exists on the boards because
its members are made up of individuals from utilities and generations
companies.
Lawmakers said the companies represented by members of the boards benefit
from high wholesale electricity prices and therefore they are unable to make
objective decisions that represent the interests of California's consumers.
The energy stakeholder boards were created as a result of the state's 1996
landmark deregulation law and was seen as an entity that could counsel the
operation of the ISO and CalPX while the state moved toward a fully
deregulated market.
The ISO manages the high-voltage transmission system and real-time power
market. The CalPX is the market where electricity is bought and sold.
The bill will go through a 30-day waiting period at the democratic-majority
senate before it is discussed in early January, but it must be passed by the
senate and state assembly before it can be signed into law by the governor.
If signed into law by the governor, the bill "would prohibit a member of the
independent governing board appointed by the governor from being affiliated
with any actual or potential participant in any market administered by the
(ISO or CalPX)," according to a copy of the Bowen Bill.
Electricity is proving to be the hottest topic of the new legislative
session, said Lawrence Lingbloom, consultant on Sen. Bowen's Energy,
Utilities and Communications Committee.
In addition to the Bowen Bill, legislation was also introduced that would
require the state's three investor-owned utilities, Edison International
unit (EIX) Southern California Edison, PG&E Corp. unit (PCG) Pacific Gas &
Electric, and Sempra Energy unit (SRE) San Diego Gas & Electric Co., to buy
a majority of their electricity needs in advance in the forward market, in
order to protect consumers from volatile spot markets.
-By Jason Leopold, Dow Jones Newswires; 323-658-3874;
jason.leopold@dowjones.com
(END) Dow Jones Newswires 05-12-00
1316GMT Copyright (c) 2000, Dow Jones & Company Inc

G_nther A. Pergher
Senior Analyst
Dow Jones & Company Inc.
Tel.  609.520.7067
Fax. 609.452.3531

The information transmitted is intended only for the person or entity to
which it is addressed and may contain confidential and/or privileged
material.  Any review, retransmission, dissemination or other use of, or
taking of any action in reliance upon, this information by persons or
entities other than the intended recipient is prohibited. If you received
this in error, please contact the sender and delete the material from any
computer.


The Marketing Dashboard ... a business tool created for you
In an effort to show our continued commitment to the Marketing Dashboard ) we
launched the new portal site last week to help you streamline your
productivity, but we want to do even more. The Marketing Dashboard allows you
to increase your effectiveness by consolidating many of the resources you
currently use into one convenient location. This will provide you more time
to focus on the aspects of your job that matter most.

We value your input
We are committed to the success of the Marketing Dashboard and will continue
to add enhancements to meet your needs. To ensure we are on the right track
with the next release, please complete the attached survey by Thursday,
October 26.

As you complete the survey, which you will access by clicking on the link
below, we ask that you be open and candid in your responses. We created this
tool for you, and we want to ensure that it,s as effective as possible in
helping you meet your goals. Once we gather the survey results, we will share
with you our plans for future site development.

Marketing Dashboard advisory panel
We will also be developing an advisory panel for ongoing feedback about the
site,s effectiveness. Please indicate your desire to participate where
appropriate within the survey. If you agree to be a member of this panel, you
may receive additional surveys and be asked to contribute your comments about
the site.

Again, we appreciate your time and look forward to receiving your valuable
input by October 26. We hope you find the Marketing Dashboard to be an
integral tool in helping you meet your goals.  Please contact myself at ext.
3-7275 or Bobby Mason at ext. 3-5196 for any questions.   Thanks!

http://www.zoomerang.com/survey.zgi?CSPXMBPET01DHC6G36KHWJEP

(I wonder who won the $50?!)


Tuesday, November 13, 2001

Enron will be hosting our previously scheduled bank meeting on Monday, November 19th at 2:00 p.m. EST.   The meeting will take place at the Waldorf Astoria Hotel in midtown Manhattan.

As previously stated, this meeting will be for Enron's bank relationship and credit officers only.   As such, identification will be checked at the door. If you have not already returned your institution's Confidentiality Agreement, please fax it back to Mary Border's attention at 713.646.3422 by noon, Friday, November 16th.  Please note that there will not be a call-in number or video-conference for this meeting.

Please reconfirm your attendance with Mary either by email (mary.border@enron.com) or by phone (713.853.0941) as soon as possible.

We will be covering information on the pending merger, our current financial situation, and more details on our structured financings.

I realize that all of you have requested more information than we have been able to provide over the last few weeks. Thanks for your patience and I look forward to seeing you Monday.

Regards,

Kelly Boots


Details of the upcoming Energy Derivatives Conference are now posted at

http://www.arts.uwaterloo.ca/finance/edconf.htm

I look forward to receiving your papers by May 5.

Thank you,

Amy (for P.P. Boyle)

**************************************
Amy Aldous, Conference Co-ordinator
Centre for Advanced Studies in Finance
University of Waterloo
Waterloo, ON   N2L 3G1
Tel: (519) 888-4567 ext. 5728
Fax: (519) 888-7562
Email: aaldous@uwaterloo.ca
**************************************


2001 Enron MS Walk and Roll
     Saturday, April 21, 9:00 am

Enron is the proud sponsor of this year,s Multiple Sclerosis Walk in Oregon.
As a first time sponsor for this event, Enron will receive tremendous
exposure in our community.  We would like to encourage all employees to
participate in this event to be held on Saturday, April 21, 9:00 am.  Dollars
raised by this Walk fund local health-related and educational services as
well as help support national research efforts to find the cause and cure for
this disease.

Each employee should have received a &Be A Lifesaver8 notice about this event
with the MS Society Walk brochure attached.  Portland employees of Enron
Broadband Services and Enron North America have partnered to form TEAM ENRON.
 Our goal is to have one of the largest teams in Portland - we want over 200
TEAM ENRON members!

Our team is not just limited to Enron employees.  We encourage all employees,
contractors, vendors, family members (including children) and friends.  This
will be a fun gathering for TEAM ENRON and offers entertainment, food and
activities for children.

If you are interested in participating, please provide your REGISTRATION form
(on the pamphlet or paper you received) to Jessica Burry or Anna Mehrer. We
want to start counting up the number of TEAM ENRON members in order to keep
everyone posted on our progress.

A Kick-Off meeting for all Portland employees will be held in early March.
Incentive prizes are awarded through the MS Walk; Enron will also be awarding
some great incentives to TEAM ENRON members.  Stay tuned for more details.

If you have any questions or you need extra REGISTRATION forms, pledge cards,
etc., contact Jessica Burry (503-464-3800) or Anna Mehrer (503-464-3834).


Thank you for registering for the AOL Instant Messenger(SM) service!

Your registration for screen name johngriffith65 has been received.

You are now one step away from being able to:
* Communicate instantly -- it's fast, easy, fun and free!
* Create your own Buddy List(r) feature -- see when your friends and family are online.
* Meet new friends in our chat rooms or by searching our member directory.
* Follow your stocks and news headlines, exchange files and images and much, much more.

Please reply to this message within 48 hours to complete the registration process.
Simply click on reply and type 'OK' as the text of your message so that we can
confirm that your e-mail address is valid. Confirming your registration is very
important -- it ensures that using screen name johngriffith65 you can use all current
and future features of the AIM(SM) service as well as the following great AOL
web products:
* AOL Calendar(SM) (aim.aol.com/redirects/aimemail/calendar.html)
* AOL Hometown(SM) (aim.aol.com/redirects/aimemail/hometown.html)
* My AOL.COM  (aim.aol.com/redirects/aimemail/myaol.html)
* AOL.COM(SM) Personal Finance Web Center (aim.aol.com/redirects/aimemail/finance.html)

As a security precaution you will not be able to obtain or change your password
or update your e-mail address until you confirm your registration.

Upon confirmation you will receive a welcome message with valuable links to FAQs
and other helpful information.

Download the AOL Instant Messenger(tm) software from the AOL.COM(SM) web site
(aim.aol.com/redirects/aimemail/download.html), if you have not already done so.

To use the AIM service when you are away from your computer,
 click here for information about our Quick
Buddy service.

Again, thank you for registering for the AOL Instant Messenger service!

You received this one-time-only e-mail because you successfully registered for the
AIM service.


(See attached file: hpl0720.xls)

 - hpl0720.xls


----------------------------------------------------------------------------
NATIONAL JOURNAL'S TECHNOLOGY DAILY PM EDITION
is now available at http://nationaljournal.com/pubs/techdaily/
----------------------------------------------------------------------------

AFTERNOON HIGHLIGHTS:

ANTITRUST: Microsoft attorneys and rivals on Tuesday debated in Baltimore
the possible
benefits of a settlement deal resolving most of the class-action lawsuits
brought against the software company.

ANTITRUST: Jurisdictional debate over which court should have authority to
resolve the class-action lawsuits filed against Microsoft threatened to
derail a Tuesday hearing in federal court.

EXPORTS: House aide familiar with the export administration act says the
filing of the House International Relations Committee report on the EAA
gives a slim chance for floor action on export controls this year.

TAXES: Senior United States officials on Tuesday concluded a two-day
presentation of an appeal to a World Trade Organization decision that found
a U.S. corporate tax system to be an illegal export subsidy.

TECH DAILY AFTERNOON FEATURE:
People Column: Senior Writer Bara Vaida
click here to go directly to the feature -
http://nationaljournal.com/pubs/techdaily/features/people/peop011127.htm

TODAY ON NATIONALJOURNAL.COM:
-- BUDGET BATTLES: Why The Deficit Won't Matter For FY 2003
   http://nationaljournal.com/members/buzz/budget.htm

-- EARLYBIRD: Top News, Commentary, Key Events And More
   http://nationaljournal.com/members/earlybird/

----------------------------
To stop receiving these E-mail Alerts:

Reply to this message and include the word "unsubscribe" (without quotes)
in the BODY of the message.
----------------------------

National Journal's Technology Daily is published daily by National Journal
Group Inc. For more information about National Journal Group's
publications, go to http://www.nationaljournal.com.


Are you or Sara going to work on this?
----- Forwarded by Tana Jones/HOU/ECT on 09/15/2000 05:39 PM -----

	Peter Keohane
	Sent by: Sharon Crawford
	09/15/2000 05:39 PM

		 To: Soma Ghosh/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Clement
Abrams/Corp/Enron@ENRON, Derek Davies/CAL/ECT@ECT, Andre
Templeman/CAL/ECT@ECT, Tana Jones/HOU/ECT@ECT
		 cc: dpef@blakes.com
		 Subject: Alberta PPA Financing

I thought I might try to sum up.  It seems to me that we both need to
finalize the structure as well as co-ordinate across various groups such that
we all know what each is doing with the view to funding on time by the end of
next week.

1. As soon as possible next week (i.e. Monday) we need to finalize the swap
structure including the credit and covenant package.

2. If there is not already a Term Sheet in place, it may be useful to have
one prepared.  Frankly, it seems from my various discussions with Global
Finance, Credit, Origination, Enron Corp., Royal Bank of Canada and its
external counsel and our external counsel, that there are certain agreements,
documents, deliverables and covenants that are being expected by, or
exchanged between, the parties, but which are not being communicated among
each other and we are therefore working at cross purposes.  Frankly, unless
and until we know what the structure is to look like, what the credit and
financial covenants are to look like, and what the documentation expectations
are, it is difficult if not  impossible to prepare documentation.  For
example:

 (a) I had a confusing conversation with the Bank as to the form of Guarantee
they were expecting from Enron Corp.  I was trying to require the Bank to
accept an Enron Corp. standard form Guarantee, whereas the Bank was looking
for a long form Guarantee that includes the covenants, representations and
warranties of Enron Corp. in its revolving credit facilities.  Based upon
this disagreement, I left a message for Clement to the effect that we may
have a problem to resolve.  However, Clement was kind enough to advise me by
voice mail that in fact Enron Corp. does not have a problem with giving a
long form Guarantee of this nature and that the form of Guarantee had in fact
been provided (by whom I'm not sure) to the Bank.

 (b) The Bank was enquiring as to what would be the governing law of the
Enron Corp. Guarantee, to which I advised it would be Texas law.  However, I
now understand there may be some agreement (by whom I'm not sure) to have the
Enron Corp. Guarantee governed by New York law.

 (c) In any event, I understand that the Bank will be looking for a form of
enforceability opinion from Enron Corp.'s outside legal counsel with respect
to the authorization, execution, delivery and enforceability of the Enron
Corp. Guarantee, as well as certain conflicts of laws opinions with respect
to the governing law of the Guarantee (Texas/New York) being enforceable.

 (d) In my discussions with the Bank this afternoon, it also became aware to
me that the Bank is expecting external counsel legal opinions with respect to
Enron Canada.  Blake, Cassels & Graydon is prepared to provide those legal
opinions.

 (e) As noted above, I have discussed with the Bank that the governing law of
the underlying swap documents would be Alberta, to which they seemed fine.  I
suggested that Ontario law would also be acceptable.

 (f) I assume that Enron Canada ought to obtain legal opinions from the
Bank's external counsel with respect to the documents and obligations of
Swapco (and perhaps even the Bank), but I will need to have this confirmed.

 (g) It came to my attention during my conversations with the Bank this
afternoon that Swapco (or financing SPV) is unaffiliated to the Bank.  This
presents problems as, I understand for accounting purposes, the two swaps
involving Enron Canada cannot be linked, for example by cross-defaults.  At
the same time unaffiliated exposures under de-linked transactions may not be
capable of being set-off.  We undertook to attempt to remedy this situation
through broadening the set-off concepts under the ISDA Master Agreements.

 (h) I do not think the Bank frankly (nor anyone else) has a firm grasp on
the credit/collateralization/margin requirements, which I think is dependent
upon a final understanding of the swap structure.

 (i) From my discussions with the Bank, it seemed to me that they were not
clear as to how their fees and costs would be repaid through the swap
structure.  Although it might be as simple as adding these amounts to the
principal amount of the swaps, I suggested that the Bank prepare a separate
"fee letter" to recover its fees.  More problematically, the Bank was not
clear as to how "increased costs" would be accounted for in the swap
structure.  Generally speaking, a Bank credit agreement contains provisions
that if there are increased costs of funding to the Bank as a result of a
change in Bank regulations or lending or reserve requirements, those
increased costs are flowed through.  They were not sure how this could be
accommodated in a swap structure.  I suggested that there may be some way to
fix this through a price adjustment mechanism in the fixed price or volumes
or through a separate indemnification in the "fee letter".

 (j) The Bank is anxious to see paper, and I am not sure who is preparing the
paper and consolidating it in a distribution package to the Bank.  For
example, I think a package that includes all of the swap Master Agreements
and related documentation (which I believe Mark T's group will prepare in
Houston), the Enron Corp. Guarantee (which I've indicated above seems to have
already been provided in draft to the Bank) and all other documentation needs
to be sent to the Bank as soon as possible, as well as to Blake, Cassels &
Graydon and Vinson and Elkins if they are to be giving legal opinions to the
Bank in connection with the transaction.  Of course this depends on
finalization of the structure as well as the credit and other covenants
package.  In concept, I have told the Bank, and I believe the Bank agrees,
that the form of the ISDA Master and related documentation would be the same
as the form of ISDA Master which currently exists between ENA and Royal Bank
of Canada, and the Bank asked that they at least be provided with that paper
as soon as possible.  Perhaps Tana could look after delivering that as soon
as possible, if not this afternoon, Monday morning.

Frankly, I think this project, if it is to get funded on time, needs a
measure of co-ordination and communication of internal and external
expectations.  It may be worthwhile to convene a conference call with all
relevant groups (i.e. Legal/Global Finance/Credit/Origination) on Monday
morning.

Regards,
Peter


Tana,

Per your note below, I have contacted our legal department in regards to the
status.  I originally forward it to them for review prior to Michel's meeting
with your company and I apologize for the delay in returning a signed copy to
you.

Regards,

Caitlin Abramovitz
---------------------- Forwarded by Caitlin Abramovitz/MGMT/US/INSTINET on
07/31/2000 12:09 PM ---------------------------

"Tana Jones" <Tana.Jones@enron.com> on 07/31/2000 10:26:19 AM

To:   Michel Finzi/TDESK/US/INSTINET@INSTINET
cc:   "John Pavetto" <John.Pavetto@enron.com>
Subject:  Instinet Corporation Confidentiality Agreement

Mr. Finzi,

We have heard back from you regarding the Confidentiality Agreement referenced
below.  Can you please let me know when we might expect your comments?  Thank
you.
----- Forwarded by Tana Jones/HOU/ECT on 07/31/2000 09:25 AM -----
|--------+----------------------->
|        |          Tana Jones   |
|        |                       |
|        |          07/12/2000   |
|        |          05:32 PM     |
|        |                       |
|--------+----------------------->

>----------------------------------------------------------------------------|

|                                                                            |
  |       To:
michel_finzi@instinet.com                                    |
  |
cc:                                                                  |
  |       Subject:     Instinet Corporation Confidentiality
Agreement          |

>----------------------------------------------------------------------------|

----- Forwarded by Tana Jones/HOU/ECT on 07/12/2000 05:31 PM -----
|--------+----------------------->
|        |          Tana Jones   |
|        |                       |
|        |          07/12/2000   |
|        |          04:59 PM     |
|        |                       |
|--------+----------------------->

>----------------------------------------------------------------------------|

|                                                                            |
  |       To:
michel-finci@instinet.com                                    |
  |       cc:     Louise Kitchen/HOU/ECT@ECT, John
Pavetto/Corp/Enron@Enron    |
  |       Subject:     Instinet Corporation Confidentiality
Agreement          |

>----------------------------------------------------------------------------|

Please find attached a copy of the referenced Confidentiality Agreement.
Please
call me at (713) 853-3399 if you have any comments or questions.  If the
agreement meets with your approval, please have an authorizied officer of the
company execute it and return the signed document to me at the fax number
below.
Thanks for your attention herewith.

(See attached file: Instinet.doc)

Tana Jones
Paralegal
Ph:  (713) 853-3399
Fax:  (713) 646-3490

 - Instinet.doc


Ralph:
Apologies for taking so long.  Here's the URL for the details of the MOU.
Look forward to reviewing your proposal.

Regards,
Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 04/13/2001 11:03 AM -----

http://www.edisoninvestor.com/financialexc/SCE_MOU.pdf


You now have access at next login.

-Ina


wow.  ok.  that works with me.  you read the new, amended complaint?  pretty
tough stuff, which is the only option they've left us....

	Karen Denne/ENRON@enronXgate
	07/30/2001 02:16 PM

		 To: Jeff Dasovich/NA/Enron@Enron
		 cc:
		 Subject: RE:

Meeting will be on Wednesday.  Still compiling everyone's schedule -- did you
know Steve was on vacation this week?

 -----Original Message-----
From:  Dasovich, Jeff
Sent: Monday, July 30, 2001 2:16 PM
To: Denne, Karen
Subject:

we have  time yet for tomorrow's meeting re: contempt stuff?


COLUMBIA GAS TRANSMISSION CORPORATION
                        NOTICE TO ALL INTERESTED PARTIES
                                OCTOBER 26, 2001

Notice ID: 3215
5 - NO RESPONSE REQUIRED

SUBJECT: CAPACITY UPDATE EFFECTIVE FOR MONDAY, OCTOBER 29, 2001

                   CHANGES ARE INDICATED WITH AN *

Effective Monday, October 29, 2001, capacities will be as follows:

Excess MDWQ              Available +
ISS Withdrawals          Available
SIT Withdrawals          Available
Imbalance Drawdowns      Available

Excess MDIQ              Available +
ISS Injections           Available
SIT Injections           Available
Imbalance Paybacks       Available

PAL Lends/Unparks        Available
PAL Parks/Loan Paybacks  Available

+ Call Gas Control 24 hours in advance at (304) 357-2606 to request approval.

Non-firm receipt capacity will be as follows:

TENNESSEE:

Brinker (B12)            20,000
Broad Run (B9)          300,000
Cambridge (B10)          20,000
Dungannon (B11)          20,000
Highland (B17)                0

NOTE: GAS RECEIVED AT HIGHLAND MUST BE DELIVERED IN THE NORTHERN PORTION OF
MARKET AREA 38 OR THE NORTHWEST LATERAL OF MARKET AREA 36, DIRECTLY NORTH OF
HIGHLAND.

Milford (B18)            20,000
North Greenwood (B22)         0
Unionville (B15)         50,000

NOTE:  EFFECTIVE THURSDAY, AUGUST 16, 2001, ANY SHIPPER UTILIZING A CONTRACT
THAT HAS A PRIMARY RECEIPT POINT(S) WITH THE FOLLOWING POINTS, MUST UTILIZE
THESE POINTS:

         Brinker       (B12)
         Cambridge     (B10)
         Dungannon     (B11)
         Highland      (B17)
         Milford       (B18)
         Unionville    (B15)

TEXAS EASTERN:

Delmont (C16)                 0
Eagle (C22)              20,000
Hooker (C9)              20,000
Pennsburg (C23)          20,000
Windridge (C12)          20,000

NATIONAL FUEL:

Independence (M1)             0
Ellwood City (L1)        15,000

TRANSCO:

Downingtown (E3)          2,500
Emporia I (E13)          60,000 *
Rockville (E2)                0
Dranesville (E1)              0

EQUITABLE GAS:

Hi Hat (F3)                   0

KENTUCKY WEST VIRGINIA (KYWV):

Beaver Creek (H1)             0

CNR PIPELINE:

Boldman (CNR02)               0
Conoway (CNR03)               0
Johns Creek (CNR08)           0
Canada (CNR09)                0
Canada (CNR10)                0
Stafford (CNR11)              0
Thacker/Majestic (CNR12)      0
Briar Mtn. (CNR13)            0
Huff Creek (CNR14)            0

CONOCO:                       0

Grant (P1)                    0

NOTE:  ANY APPALACHIAN PRODUCTION FLOWING DIRECTLY INTO COLUMBIA'S LINE KA
BETWEEN COLUMBIA'S BOLDMAN COMPRESSOR STATION AND COLUMBIA'S HUFF CREEK
COMPRESSOR STATION AS WELL AS PRODUCTION FLOWING INTO COLUMBIA'S LINES SM-116,
KA-15, PM-3, AND PM-17 IS 0 NON-FIRM.

ALGONQUIN:

Ramapo (R1)              75,000

ANR:

Paulding/Cecil           30,000
(F1, A2)

LEBANON AGGREGATE       100,000
(A4, F2, C4, D3)

TOLEDO AGGREGATE        100,000
(A3, F4, 734462)

COLUMBIA GULF:
(801)

TCO-Leach               700,000

Internal point non-firm capacity will be as follows:

Lanham                        0

Delivery capacity (non-firm) will be as follows:

TRANSCO:

Martins Creek            10,000
  (MLI E5)
Young Woman's Creek      10,000
  (MLI E9)

ALGONQUIN:

Hanover                       0
  (MLI R2)

EQUITRANS:

Fallen Timber            31,000
  (MLI K1)

Waynesburg-Rhinehart     20,000
  (MLI K2)

OPT-30 will be available in all market areas.
OPT-60 will be available in all market areas.

Market Area delivery capacity (non-firm) will be as follows:

Operating Area 1
     Market Area 33       No Restrictions
     Market Area 34       No Restrictions

Operating Area 2
     Market Area 20       No Restrictions

Operating Area 3
     Market Area 15       No Restrictions
     Market Area 16       No Restrictions
     Market Area 17       No Restrictions
     Market Area 18       No Restrictions
     Market Area 19       No Restrictions

Operating Area 4
     Market Area 21       No Restrictions
     Market Area 22       No Restrictions
     Market Area 23       No Restrictions
     Market Area 24       No Restrictions
     Market Area 25       No Restrictions
     Market Area 29       No Restrictions

Operating Area 5
     Market Area 02       No Restrictions
     Market Area 07       No Restrictions

Operating Area 6
     Market Area 10       No Restrictions
     Market Area 11       No Restrictions
     Market Area 12       No Restrictions
     Market Area 13       No Restrictions
     Market Area 14       No Restrictions

Operating Area 7
     Market Area 01       No Restrictions
     Market Area 03       No Restrictions
     Market Area 04       No Restrictions
     Market Area 05       No Restrictions
     Market Area 06       No Restrictions
     Market Area 08       No Restrictions
     Market Area 09       No Restrictions

Operating Area 8
     Market Area 26       No Restrictions
     Market Area 27       No Restrictions
     Market Area 32       No Restrictions
     Market Area 35       No Restrictions
     Market Area 36                0      Primary Receipts/Deliveries Only
     Market Area 38       No Restrictions
     Market Area 39       No Restrictions
     Market Area 40       No Restrictions

NOTE:  GAS DELIVERED IN THE NORTHERN PORTION OF MARKET AREA 38 OR THE NORTHERN
PORTION OF MARKET AREA 36 MUST BE RECEIVED FROM TENNESSEE GAS PIPELINE AT
HIGHLAND.

Operating Area 10
     Market Area 28       No Restrictions
     Market Area 30       No Restrictions
     Market Area 31       No Restrictions

If you have any questions, please contact your Account
Representative.


Start Date: 2/3/02; HourAhead hour: 17;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002020317.txt