Pre Flight Checklist for 2/01/02
Thursday 1/31
Intermediate-term Outlook (weeks):
Seasonal Cycles: Positive.
Coppock Breadth Indicator: Sell/Neutral. Near a Buy.
Weekly MACD: Negative.
Conclusion: Longs are theoretically favored by the Seasonal Cycle, but the trend is down. Breadth measures have improved, but are mixed. We remain in a Bear Market. Shorts are favored with the caveat that declines during this part of the cycle are likely to be choppy. We are Intermediate-term BEARS.
Short/Intermediate-Term
ITBM: Positive. Unconfirmed.
Tuma Ammia: Neutral.
VIX Daily: Neutral. Nearing a Sell again!
CCI Daily: Neutral.
10-day ARMS: Neutral. Fast turn around.
MACD Daily: Negative.
Senticator: Neutral.
Conclusion: Shorts are favored by the trend, but not the ITBM. The CCI allows for more upside. Any further bounce should probably be shorted, though. The VIX is rapidly approaching a Sell. Respect the trend.
Short-term
Tuma Ammia Turn Spotter: Nearing a Sell.
VIX 30': Positive. Nearing a Sell.
MACD 60': Positive.
Moving Averages: Negative. Watch the SPX 1120-1123 area.
Conclusion: Longs are favored but watch the VIX 30'. We are rapidly getting overbought. Expect a test of  the MA's.
*******************************
Last time, I said that I would look to short strength today, and I did. I didn't make any money, however. That said, the rally appears to be a bit much a bit too quickly. In fact, sentiment appears to have rapidly become overly optimistic. The VIX is close to a Sell, and while we don't have Rydex numbers, as yet, we are no longer near a buy and may be nearing a Sell. AAII sentiment shows a JUMP in bulls and a DROP in bears even as we declined.
In short, we have rallied very hard, very fast, without too much pessimism having been built up on the decline. It's almost as if everyone was just waiting for it so they could buy. Does anyone really think that the market very often makes it that easy to get into a Bull Market?
We have rallied above the 50-hour and that is bullish, as is the turn around in breadth. The ITBM has given a buy. That said, the first buy from the ITBM is rarely a good one. Today was the last day of the month, which usually is pretty strong (as is the first day), especially if the "Big Boys" want to make their client statements look good. The 50 day is just above, and we are incline to start shorting and make them stop us out. For those who are more nimble, however, wait for a turn down and then chase the market if you have to. No matter what, any artificial upward pressure will come off after tomorrow.
The way we see things is that not much has changed since the decline, except that optimism has been very quick to return to the market. We smell a rat. This may be the positive part of the Seasonal Cycle but we find it difficult to believe that rampant bullishness will be rewarded. Meanwhile, if we step back we'll see that the weekly MACD is on a Sell, as is the Daily MACD. The trend is down. All we are doing is testing the break down. The 21-day is just above. This will likely cause the market a bit of trouble.
Our favorite Gold Stocks are kicking booty. It may be time to take some profits, but if we do, we'll have to be looking to get right back in, after a short correction.
*****************
OPTION TRADING SUMMARY:
Trading action: None, but be alert for a Call Credit Spread idea, if we rally just a bit more.
Current Positions: None.
Past performance is not an indication of future returns. Options trading is not only risky, but also entails unique risks. Traders can lose a significant amount of money trading options, and should discuss this with their broker before taking any trades.
******************************
See our Web site for morehttp://www.traders-talk.com/PFFT/index.html
also seehttp://www.traders-talk.com/
Mark Young
President
Equity Guardian Group, LLC.
859-393-3335


Due to the recent flooding in the Houston area, there has been a sharp demand
in the need for rental cars.  Availability in the area has been severely
limited, increasing the burden on effected employees.

Together, Global Strategic Sourcing (GSS), HR-Work Life, Community Relations
and The Travel Agency in the Park, have arranged for a limited number of
vehicles to be reserved at Intercontinental Airport - Houston (IAH) through
Enron,s preferred car rental providers, National Car Rental and Alamo
Rent-a-Car.

To obtain a rental vehicle, please contact The Travel Agency in the Park at
713-860-1189 between 9 a.m. and 6 p.m. and ask for Sheryl Blackman.  The
reserved vehicles are being held outside of the normal reservation system and
will only be available through the Travel Agency in the Park.

The Enron Shuttle will depart for IAH from in front of the Enron Building,
today, June 13 and tomorrow, June14, at 12:00 p.m., 2:00 p.m., and 4:00 p.m.

Enron employees renting a vehicle for personal use may take advantage of
Enron,s negotiated corporate rates, which include Loss/Damage Waiver and
liability insurance.  Specific information on rate plans and coverages can be
found on the intranet at http://travel.enron.com/accomm.html.

If you have questions or need additional assistance, please contact Tracy
Ramsey at 713-646-8311 or Jeff Leath at 713-646-6165.

If you know of any Enron employee who is out of the office and has been
impacted by the flooding, please contact Elyse Kalmans in Enron Community
Relations at 713-853-0565.


Greetings from Amazon.com.

We thought you'd like to know that we shipped your items today,
and that this completes your order.

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visiting "Your Account" page at http://www.amazon.com/your-account.
There you can:
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This shipment was sent to:

 Errol McLaughlin
 Enron North America
 1400 Smith St. EBE 3248C
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via US First Class (3-7 business days).

Unfortunately, this carrier does not provide tracking numbers.

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Scott,

I spoke briefly with Edith Terry from our DC office. There is not a good fit
for my group
but she could be a great asset for you.

I have her resume in case you are hiring and  would like to take a look at
her.

Vince


Notice No.  01-161
May 10, 2001

TO:
ALL COMEX DIVISION MEMBERS AND MEMBER FIRMS
ALL NYMEX DIVISION MEMBERS AND MEMBER FIRMS

FROM:
Neal Wolkoff, Executive Vice President

SUBJECT:
Approved Amendments to the Supplements of the Grade 1 Copper Futures
Contract, the Gold Futures Contract, the Silver Futures Contract, the
Aluminum Futures Contract, the Platinum Futures Contract and the Palladium
Futures Contract.

NOTE:
Entire notice available at
http://www.nymex.com/refernce/notices/2001/ntm_161.pdf

The Exchange has received approval from the Commodity Futures Trading
Commission (&CFTC8) to amend the Supplements of the Grade 1 Copper Futures
Contract, the Gold Futures Contract, the Silver Futures Contract, the
Aluminum Futures Contract, the Platinum Futures Contract and the Palladium
Futures Contract. The approved amendments update the addresses and telephone
numbers of the service providers to these contracts.

The approved amendments are effective immediately.

A copy of the approved amendment can be found at
http://www.nymex.com/refernce/notices/2001/ntm_161.pdf.  Underlining
indicates additions, bracketing [ ] indicates deletions.

Should you have any questions regarding the above, please contact Albert J.
Getz at 212-299-2608 or Ploumi Efkarpidis at 212-299-2334.

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

"http://208.206.41.61/email/email_log.cfm?useremail=tana.jones@enron.com&refdo
c=(01-161)"

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


Why can't we use AEP's position against them in their own backyard (Ohio).   AEP's position is that you can't have effective retail markets without real-time energy markets (which I agree with), yet there is no real-time energy market with ancillary clearing prices in AEP's service territory in Ohio.

Can we use their own testimony against them?

 -----Original Message-----
From: 	Nicolay, Christi L.
Sent:	Monday, October 15, 2001 3:29 PM
To:	Presto, Kevin M.; SMITH, Douglas
Subject:	FW: SPP Retail Market Opening Testimony

AEP asked the Texas PUC to postpone opening the Texas (outside of ERCOT) retail market because there is no centralized dispatch (per Ron M's testimony on behalf on AEP).  After talking with our SPP folks (I understand that EPMI has bid to serve a portion of Entergy's load) , Jim's testimony is that the outside of ERCOT Texas market should open 1/1/02 and that other states have implemented retail open access without a centralized dispatch model (for example, AEP in Ohio, ComEd in Ilinois and Duquense in ECAR/PA).  Jim states that while RTOs and central dispatch will certainly facilitate the market, it is not absolutely required, and that, if AEP thinks that the retail market will not be competitive without it, then, perhaps, REPS other than AEP should be the only ones allowed to serve retail load in this part of Texas until central dispatch is in place.  In addition, he states that the imbalance provisions should be changed and that network firm capacity should be available to REPs (without the need for protracted system impact studies, since the load is already being served.)

Apparently, Entergy has also changed its mind and now is opposing the 1/1/02 opening of the Entergy/Texas retail market.

 -----Original Message-----
From: 	Steffes, James D.
Sent:	Friday, October 12, 2001 1:37 PM
To:	Herndon, Rogers; Rorschach, Reagan; Acevedo, Rudy; Kroll, Heather; Nicolay, Christi L.; Maurer, Luiz; Keene, Patrick; Twiggs, Thane; Ryall, Jean; Hamb, Edward
Subject:	SPP Retail Market Opening Testimony

Attached is the testimony that I filed today asking thh PUC of Texas to open the retail markets in the SPP territory.

Thanks,

Jim

 << File: PUCT on Order 13.doc >>


In an attempt to continue cross training on our desk,  Jackie and Susan will
be switching duties.
Jackie will start training on Susan's desk and Susan on Jackie's and the
transition will last most
of March and they will finalize it with April business.  It is important that
we start communicating the
changes to our customers and make it as smooth as possible on them.  Thanks,
Pat


I talked to Maria Salazar from the Design and Drafting group in Houston
(GPG), and she is going to work with Will Zamer to get him the maps he
needs.  They already have a lot of the maps in electronic format for all of
GPG.  As she forwards to Will, she is going to copy me and I will forward to
make sure it is looking like you want it to.

Let me know if you have questions.
---------------------- Forwarded by Jo Williams/ET&S/Enron on 05/19/2000
11:17 AM ---------------------------

	From:  Maria Salazar                           05/19/2000 10:55 AM

To: Jo Williams/ET&S/Enron@ENRON
cc:

Subject: EGPG MAP

THIS IS THE ONE I WOULD SEND FOR THE OVER ALL COMPANIES, (NATION MAP) I WOULD
IMAGINE THAT FROM HERE THEY COULD CLICK THE STATES,  1 BY 1, OR THE WHOLE
INDIVIDUAL SYSTEM MAPS, WHICH I WILL SENT EXAMPLES TO YOU ASAP.
REGARDS
MARAI


Thanks to all of you, Enron North America has had an outstanding year in
2000.  Some of the more notable accomplishments include:
a) 100% plus increase in EBIT from 1999 actuals to 2000 forecast;
b) significant rationalization of the balance sheet including the sale of the
(i) Wind River/Powder River gathering assets, (ii) East Coast Power
generating assets, (iii) HPL and (iv) five of the six Eastern Peakers;
c) ENA is the leading energy merchant by a factor of two;
d) physical electricity volume grew by 34% YTD 1999 to YTD 2000 forecast;
e) natural gas volumes grew by 82% YTD 1999 to YTD 2000 forecast;
f) 500% growth in daily transactions from November 1999 to November 2000 due
to the highly successful Enron OnLine distribution channel; and
g) ENA reaching its 25% ROCE target.

These are truly outstanding accomplishments and our expectations for growth
and opportunity in Enron North America for 2001 are consistent with that
success.  In order to reach these goals, we felt it necessary to re-align a
number of our organizations. A number of these changes are completed.  The
goals of such re-alignment include:
a) increase overall productivity with the goal to ensure that every employee
is in a position to contribute regardless of skill set;
b) increase overall market coverage, deal flow and information generation
with the goal to increase bid/offer income, increase the velocity of deal
flow, improve customer coverage and promote quality information transfer to
our trading organization;
c) increase deal quality and earnings quality with the goal to (i) allocate
our resources towards the best transactions and (ii) significantly increase
our &mid-market8 originated transactions in our portfolio;
d) promote real time decision making and a closer tie between our trading and
origination (mid-market and structured) organizations in order to better
align those functions to reduce the amount of un-productive internal focus;
e) increase the overall velocity of the capital being utilized consistent
with our goal of a 25% plus return on capital employed; and
f) identify and recognize a host of new leaders in the organization that are
critical to meeting our goals next year.

With these objectives in mind, patterned after the successful business models
in Calgary and Portland, effective immediately the following changes are
being implemented:
a) East Power ) a single East Power Team incorporating trading, mid-market
and origination will be formed under the co-leadership of Kevin Presto and
Janet Dietrich who will report to the Enron Americas - Office of the Chairman
(EA OOC).  This team will have one income statement, one book and a joint
accountability. However, a clear delineation of responsibilities inside these
teams will continue to exist in which the trading organization will manage
the risk, income statement and product development aspects of the
partnership. The originators will have the primary responsibility to generate
origination income, provide coverage, deal flow, lead strategy formulation,
provide information and generate strategic positions.  Overall, the team will
be rewarded based upon increasing the value of the book, meeting
coverage/deal flow targets and meeting its strategic/growth goals in the
Eastern power markets. The team will be responsible for covering the IOU,s,
muni,s/co-ops, industrials and IPP,s and will utilize all ENA,s product
capabilities including the power commodity, assets and capital. The team will
further be broken down into several key strategic regions and business units
including:
  (i) ERCOT ) managed by Doug Gilbert Smith and Bruce Sukaly;
  (ii) NE ) managed by Dana Davis and Jeff Ader;
  (iii) Midwest ) managed by Fletch Sturm and Ed Baughman;
  (iv) SE ) managed by Rogers Herndon and Ozzie Pagan;
  (v) East Power Development ) managed by Ben Jacoby;
  (vi) East Power Structuring  - managed by Bernie Aucoin; and
  (vii) East Power Fundamentals and the &Genco8 ) managed by Lloyd Will

b) West Power ) there will be no changes to the Portland office which is
managed by Tim Belden and Chris Calger .  Both Tim and Chris will continue to
report to the EA OOC.
c) Canada and Mexico ) there will be no changes to the Canadian or Mexican
offices which are managed by Rob Milnthorp and Max Yzaguirre respectively.
Both Rob and Max will continue to report to the EA OOC.
d) U.S. Natural Gas ) there are several changes anticipated in this business
consistent with the goals and objectives described above. The changes
primarily affect the East, Central, West and Texas gas regions. Each region
will consist of a single gas team incorporating trading, mid-market and
origination. Each team will have one income statement, one book and a joint
accountability. However, a clear delineation of responsibilities inside these
teams will continue to exist in which the trading organization will manage
the risk, income statement and product development aspects of the
partnership. The originators will have the primary responsibility to generate
origination income, provide coverage, deal flow, lead strategy formulation,
provide information and generate strategic positions. Overall, the team will
be rewarded based upon increasing the value of the book, meeting
coverage/deal flow targets and meeting its strategic/growth goals in the
Eastern, Western, Central and Texas gas markets.  The team will be
responsible for covering the LDC,s, muni,s/co-ops, industrials, IOU,s, IPP,s
and the producers.  There will be an increasing focus on the upstream side of
the business including the producers, transporters and storage providers in
addition to market area opportunities. The team will utilize all of ENA,s
product capabilities including the gas commodity, assets and capital. Each of
these groups will report directly to the EA OOC;
East Gas ) a single East Gas Team incorporating trading, mid-market and
origination will be formed under the co-leadership of Scott Neal and Frank
Vickers who will be returning from Portland to join this team.
West Gas  ) in a similar manner, a West Gas Team will be formed co-managed by
Phillip Allen and Barry Tycholiz, who will be joining us in Houston from the
Canadian team. The Denver office under Mark Whitt will be integrated under
this team.
Central Gas )  in a similar manner, a Central Gas Team will be formed
co-managed by Hunter Shively and Laura Luce. The Chicago office will be
integrated into this team.
Texas Gas ) the Texas Gas Team will be managed by Tom Martin. This team will
continue to manage the gas trading business around HPL until the pending sale
is concluded in Q2 2001.  After the sale of HPL, this team will build a Texas
gas business without ownership of the HPL assets.
Financial ) this group will continue to be managed by John Arnold with no
significant changes.
Derivatives ) this group, lead by Fred Lagrasta, will offer derivative and
financial mid-market products and services to the natural gas market
specifically targeting CFO,s and treasury departments.  Fred will continue to
maintain certain existing mid-market accounts with a number of producer and
industrial accounts where relationships are well formed. Otherwise,
mid-market coverage will gravitate to the regions. The New York office gas
marketing efforts will continue to be managed by Fred.
Upstream Products ) this group, lead by Jean Mrha, will develop several
distinct product offerings for the upstream segment of the gas market.  This
group will develop and market the product in conjunction with the regions.
This is consistent with our desire to have a broader product offering and
greater market penetration in the upstream segment.  These products include
producer outsourcing, similar to our successful Petro-Canada and Suncor
relationships in Canada, physical storage re-engineering, compressor
services, wellhead liquidity products and offshore asset and capital
products.  In addition, Jean will manage our Bridgeline joint venture with
Texaco.
Gas Structuring ) this group will be lead by Ed McMichael, reporting to Frank
Vickers, will provide structuring and deal support to all the gas teams.
Gas Fundamentals ) this group will be lead by Chris Gaskill, reporting to
Hunter Shively, will provide fundamentals to all the gas teams.

Julie Gomez will continue to support the gas floor through several identified
projects including long-term supply/demand analysis and, natural gas
transportation capacity trading opportunities.

There is an expectation of some customer overlap between the gas and power
groups; for example, the combination utilities and the IPP,s.  The teams will
coordinate with regard to the combination utilities like Con. Edison or
PG&E.  With regard to the IPP,s, to the extent that the product offering
involves an underlying power position, the power teams will manage. We have
asked Janet Dietrich to coordinate such overlaps between the two
organizations in Houston.

e) Technical/Restructuring - In the effort to consolidate and centralize our
technical resources (engineering, development, operations, pipeline) to
ensure that this skill base is available to all ENA groups and utilized
productively across the organization, Brian Redmond will form and manage the
Technical Services Group.  This group will manage ENA,s technical risks and
will provide, on a cost basis, technical services for the entire ENA
organization. This group will manage the interface with EE&CC and OEC.  In
addition, the Restructuring Group, currently managed by Dick Lydecker, will
report to Brian Redmond.  This group is currently monetizing a large portion
of the merchant investment portfolio given our current strategies.  This
group will have continuing responsibility to manage troubled commodity and
capital transactions that need considerable time and attention to manage risk
and monetize.

In addition to these responsibilities, Brian will manage the pending sale and
transition of the HPL asset over the next couple quarters as regulatory and
securities approvals are obtained in order to complete the sale.  Brian will
report to the EA OOC.

f) Principal Investing  )  with the departure of Jeff Donahue to new
opportunities in EBS, ENA,s venture capital function will be managed by
Michael L. Miller.  This group makes small investments in distributed
generation, power quality and technology companies that can benefit from
Enron,s distribution channels and expertise.  Michael will report to the EA
OOC.

g) Corporate Development ) Tim Detmering will assume the corporate
development responsibilities for ENA as Jeff transitions to his new role and
will report to the EA OOC.

h) Generation Investments ) there will be no changes to this group managed by
Dave Duran. Dave will continue to report to the EA OOC.

i) Energy Capital Resources ) there will be no changes to this group
currently lead by C. John Thompson and Scott Josey.  John and Scott will
continue to report to the EA OOC.

As a final note in the interest of keeping things simple, Enron Americas will
have two operating divisions  - Enron North America and Enron South America.
As a result, we will continue to conduct business under these two operating
companies; therefore, eliminating the need to change legal entities et al.
If you are currently a commercial employee of ENA or ESA you will continue to
conduct business in that company.

We look forward to another exciting year in the North American energy
market.  This is certainly a company unrivaled in the marketplace with the
most talented employees.  The opportunities are endless.  We wish you and
your family a very happy and safe holiday season.


-----Original Message-----
From: navigator@nisource.com [mailto:navigator@nisource.com]
Sent: Wednesday, January 23, 2002 9:44 AM
To: navigator@nisource.com
Subject: Critical,OTHER,20010119,COLUMBIA GULF,007854581,Gas Quality
Specifications - REMINDER

                       COLUMBIA GULF TRANSMISSION COMPANY
                        NOTICE TO ALL INTERESTED PARTIES
                                JANUARY 23, 2002

Re:  Gas Quality Specifications - REMINDER
Notice ID: 2435
5 - NO RESPONSE REQUIRED

REMINDER - The notice posted below is still in effect at least until the end of
February 2002.

                 COLUMBIA GULF TRANSMISSION COMPANY
                  NOTICE TO ALL INTERESTED PARTIES
                        JANUARY 19, 2001

SUBJECT:  NOTICE TO PARTIES DELIVERING OR CAUSING GAS TO BE DELIVERED TO
   COLUMBIA GULF TRANSMISSION COMPANY

Pursuant to Section 25.2(a) of Columbia's tariff, Columbia is providing notice
of the imposition of the following additional gas quality specification on all
shippers, interconnecting pipelines, producers, and receipt meter operators,
and all other parties delivering or causing gas to be delivered into Columbia's
system:

     All gas tendered under Columbia's tariff shall have a gross heating value
    of no more than 1050 Btu per cubic foot.

This additional gas quality specification will be imposed two (2) business days
after this notice is posted on Columbia's internet electronic bulletin board.

In addition to complying with this additional gas quality specification, all
parties delivering or causing gas to be delivered into the Columbia-operated
Blue Water system on the Western Shoreline, the Southwestern Extension, or on
the Header (west of the system null point) may be required to provide evidence
to Columbia that such gas is being processed at the Blue Water Processing Plant
to ensure that the composite gas stream at Egan, Louisiana has a gross heating
value of 1050 Btu or less.  Evidence of the gas processing agreements may be
required upon Columbia's request.

Failure of a party to comply with the additional gas quality specification set
forth above and to provide Columbia Gulf with evidence, upon request, of a gas
processing agreement for gas delivered to the Blue Water system will result in
Columbia Gulf refusing to accept gas from such party and to make corresponding
redeliveries.

Imposition of this additional gas quality specification does not relieve any
party delivering gas or causing gas to be delivered to Columbia's system from
its existing obligations to comply with the gas quality specifications set
forth in Section 25.1 of Columbia's tariff, to ensure the merchantability of
the gas, and to ensure that gas has been properly processed before entering
Columbia's system.

Columbia, pursuant to the terms of Section 25.2(a) of its tariff, is imposing
this additional gas quality specification as it has determined, in its
reasonable judgment, that harm to its pipeline system and its operations may
occur if it receives gas on its system that fails to meet this additional gas
quality specification.  Columbia reserves the right to revise this additional
gas quality specification upon further analysis of the gas that is being
received by Columbia and reevaluation of the potential harm to Columbia's
pipeline system and its operations.

You are further placed on notice that Columbia will hold you responsible and
seek legal redress for any damages it incurs as a result of the higher Btu
gas.

Any questions about this notice may be directed to Gary Espey, (713) 267-4761,
or to John Pillion, (713) 267-4764.


Done.

D

	Enron North America Corp.

	From:  Megan Parker @ ENRON                           02/09/2001 02:32 PM

To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: Tenaska 11/00 and 12/00

We have the actuals for December 2000.  We need three demand fees.  Let me
know if you have any questions.
 Deal 529856 - $878,330.63 to offset price difference on Tenaska IV sale
 Deal 384258 - $459,483.51 to bill Tenaska IV for payable reimbursement
 Deal 514353 - change demand volume from 45,000 to 45,333 to update agency fee

Also, I need one more adjustment to Nov 2000 and then we will be done.

 Deal 529856, day 11/01 - change demand fee from $409,145.72 to $407,547.02

Thanks,
Megan


Ask Karen for the distribution list she would like to send these to for
today's 1:30 meeting.  Also please reserve 47c1 for the meeting so I can use
the computer screen.
----- Forwarded by Steven J Kean/NA/Enron on 03/05/2001 07:23 AM -----

	Terry West
	02/09/2001 01:36 PM

		 To: Rebecca Carter/Corp/Enron@ENRON, Steven J Kean/NA/Enron@Enron
		 cc:
		 Subject: Board presentations

Attached are the presentations for the Corporate Staff Group and the 2001
Goals.  There have been slight modifications to the format.


Eric (713) 464 1955
Steve Williams
PGE information for Boise


You are all just envious of the relationships that I have develped with the
other fantasy owners, that enable me to help improve both teams through trade
:)

Phillip M Love
10/16/2000 08:50 AM
To: Bryan Hull/HOU/ECT@ECT
cc: Eric Bass/HOU/ECT@ECT, Michael Walters/HOU/ECT@ECT, Harry
Bucalo/HOU/ECT@ECT, Chris Walker/HOU/ECT@ECT, O'Neal D Winfree/HOU/ECT@ECT,
David Baumbach/HOU/ECT@ECT
Subject: Re: Fantasy Basketball

I think that last comment should have been directed solely to O'Neal.
PL


----- Forwarded by Jeff Dasovich/NA/Enron on 02/14/2001 06:38 AM -----

	Scott Govenar <sgovenar@govadv.com>
	02/13/2001 03:29 PM

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

The following bills passed out of the Senate Energy, Utilities and
Communications Committee today.  All of the bills were amended
substantially.  I will forward amendments as soon as they become
available.

SBX 5 (Sher) passed on a vote of 7-0 - $1.2 billion energy efficiency
and conservation measure
SBX 6 (Burton) passed on a vote of 6-0 - State Transco
SBX 33 (Burton) passed on a vote of 6-3 - Public power authority


Notice No. 00-406
December 4, 2000

TO:
All NYMEX Members/Member Firms
All NYMEX Clearing Members
All NYMEX Floor Traders
All NYMEX Operations Managers

FROM: George Henderson, Vice President

RE:  Options Expiration Operational Procedures for the Trading
Floor and Clearing Members
____________________________________________

The expiration date for the January 2001 options contract for Platinum (POF1)
is Friday, December 8, 2000.

GENERAL OPERATIONAL PROCEDURES

All Clearing Members and Qualified Floor Traders that carried an options
position as of the close of business day prior to the expiration day, or
engaged in trading activity on Expiration Day in the expiring options
contract will be required to have a knowledgeable, duly authorized
representative present at their normal work station promptly at 5:30 p.m.
until released by the Exchange staff as specified below.  All adjustments
and/or corrections, must be accompanied by relevant supporting documentation
prior to being incorporated into expiration processing, in essence making the
expiration processing an extension of the afternoon trade resolution
procedures.  All input to the NYMEX Clearing Department will conclude no
later than 30 minutes after floor representatives are released.

Exchange Clearing (299-2110), Floor Trade Correction (299-2068 and 299-2169)
personnel, as well as a representative of the Floor Committee will be
available to assist with the processing of notices of Exercise and
Abandonment, position transfers, trade corrections and other questions or
problems you may have.

CLEARING DEPARTMENT OPERATIONAL PROCEDURES

The Option Expiration process is a screen based process for which all
information is provided on the screens on C21 terminals. No Option Expiration
Reports will be provided. The following screens will assist you through the
Option Expiration process:

MEMBER TRADE INQUIRY
Contains real-time top day trade information, trade information for the
previous 4 business days and trades adjusted for the previous 4 business days
by adjustment date.

SINGLE POSITION MAINTENANCE
Contains a real-time snapshot for each option series from the start of day
position to the projected end of day position.

REVIEW ACCEPT REJECT TRANSFERS
Contains all trade and position transfers "TO" your firm and the status of
each transfer.

REVIEW SUBMITTED TRANSFERS
Contains all trade and position transfer "FROM" your firm and the status of
each transfer.

EXERCISE NOTICE SUBMISSION
Contains your available long position and an input field to enter the number
of long positions you wish to exercise.

DO NOT EXERCISE SUBMISSION
Contains your available long position and an input field to enter the number
of long positions you wish to abandon.

POSITION CHANGE SUBMISSION
PCS may be submitted either by manual input or by electronic transmission.
Any PCS input on a Clearing 21 terminal will be the input processed by the
system.  This input may be made at any time prior to 7:10 p.m.  Any PCS input
via transmission for that contract series will be disregarded.

ALL POSITIONS ARE DEEMED FINAL
Upon completion of all PCS input, all positions will be deemed final.

EXERCISE/ASSIGNMENT INFORMATION
Will be available to you on the Single Position Maintenance window by
contract series or the Assignment List window which contains all your
Assignments on one window. You will be notified of its availability by C21
E-Mail and by Fast Facts. This should occur within 1 hour of the last PCS
input.

All Clearing Members are required to have an authorized representative(s) at
their C21 workstations in preparation for any communication during the
expiration process.

FAST FACTS
Clearing Members should call the Fast Facts information service 301-4871,
access code 700 for event messages advising Members of the event status.

E-MAIL
Clearing Members should read their C21 E-Mail messages immediately to be
aware of event status.

The standard event Fast Facts and/or E-Mail messages and the sequence in
which they will be announced are:

Standard Event Message: Announce Out-of-the Money Exercise and In-the-Money
Do Not Exercise Submissions
Approximate Time of Message Availability: 5:45 PM
Usual Event Time: 5:45 PM
Announced via Fast Facts

Standard Event Message: Announce Final Input to C21 Cutoff Time
Approximate Time of Message Availability: 6:55 PM
Usual Event Time: 7:10 PM
Announced via e-mail

Standard Event Message: All positions are deemed final
Approximate Time of Message Availability: 7:10 PM
Usual Event Time: 7:10 PM
Announced via Fast Facts

Standard Event Message: Announce Exercise/Assignment Information Available on
the Single Position Maintenance Windows
Approximate Time of Message Availability: 8:25 PM
Usual Event Time: 8:30 PM
Announced via Fast Facts and e-mail

Standard Event Message: All Report Distribution is completed
Approximate Time of Message Availability: 11:00 PM
Usual Event Time: 11:00 PM
Announced via Fast Facts

The times appearing in the Usual Event Time column are based on normal
operational conditions and could vary.

NYMEX EXPIRATION DAY PROCESSING OVERVIEW OF MEMBER REQUIREMENTS

Time: 5:30 PM
Activity: Exercise Notice Submission
Event: Input to C21 Cutoff Time
Reference Number: 1

Time: 5:30 PM
Activity: Do Not Exercise Submission
Event: Input to C21 Cutoff Time
Reference Number: 2

Time: 5:45 PM
Activity: Announce Out-of-the-Money Exercise and In-the-Money Do Not Exercise
Submissions
Event: Fast Facts Notice
Reference Number: 3

Time: 6:55 PM
Activity: Announce Final Input to C21 Cutoff Time
Event: C21 E-mail
Reference Number: 4

Time: 7:10 PM
Activity: Final Input to C21 Cutoff Time
Reference Number: 5

Time: 7:10 PM
Activity: All Positions are Deemed Final
Event: Fast Facts Notice
Reference Number: 6

Time: 8:25 PM
Activity: Announce Exercise/Assignment Information Available on the Single
Position Maintenance Windows
Event: Fast Facts Notice and C21 E-mail
Reference Number: 7

If you have any questions concerning these procedures, please contact Charles
V. Bebel at 299-2130, Angel Rivera at 299-2150 or Anthony DiBenedetto at
299-2152 prior to the expiration date.

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

"http://208.206.41.61/email/email_log.cfm?useremail=tana.jones@enron.com&refdo
c=(00-406)"

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


It's a love fest!  How goes it?

	Paul Kaufman@ECT
	03/13/2001 11:26 AM

		 To: Richard Shapiro/NA/Enron@ENRON
		 cc: Jeff Dasovich, Susan J Mara/NA/Enron@ENRON, Sandra
McCubbin/NA/Enron@Enron
		 Subject: Re: Affiliate Relook case [PLEASE RESPOND TODAY]

I agree as well.

Richard Shapiro@ENRON
03/13/2001 09:28 AM
To: Jeff Dasovich/NA/Enron@Enron
cc: James D Steffes/NA/Enron@Enron, Harry Kingerski/NA/Enron@Enron, Susan J
Mara/NA/Enron@ENRON, Paul Kaufman/PDX/ECT@ECT, Sandra McCubbin/NA/Enron@Enron
Subject: Re: Affiliate Relook case [PLEASE RESPOND TODAY]

Agree.

From: Jeff Dasovich on 03/13/2001 11:24 AM
Sent by: Jeff Dasovich
To: James D Steffes/NA/Enron@Enron, Harry Kingerski/NA/Enron@Enron, Susan J
Mara/NA/Enron@ENRON, Paul Kaufman/PDX/ECT@ECT, Richard
Shapiro/NA/Enron@Enron, Sandra McCubbin/NA/Enron@Enron
cc:

Subject: Affiliate Relook case [PLEASE RESPOND TODAY]

Given everything that we've got on our plate, and the relative priority of
the affiliate issue, and the fact that ARM and Wild Goose are involved, I
would propose that we take a pass on this one.  Thoughts?

Best,
Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 03/13/2001 11:18 AM -----

	JMcTarnaghan <JMcTarnaghan@GMSSR.COM>
	03/13/2001 10:59 AM

		 To: "'smara@enron.com'" <smara@enron.com>, "'Jeff Dasovich'"
<jdasovic@enron.com>
		 cc:
		 Subject: Affiliate Relook case [PLEASE RESPOND TODAY]

Dear Jeff and Sue:

Sorry to be a broken record on this one....but I don't know what you want to
do about the Affiliates case.  There is a PHC tomorrow and comments were
filed.  SCE's comments make a nasty jab at Enron for proposing the rules in
the first place.  I see that AReM is participating as well.  If your plan is
to participate in this proceeding only through AReM, that's fine but please
let me know so that I can remove my appearance.  I will be at the PHC for
Wild Goose but would like to be very clear about who I am representing in
the docket in order to avoid confusion.

Thanks,

Jim McTarnaghan
Goodin, MacBride, Squeri, Ritchie & Day
505 Sansome Street, Suite 900
San Francisco, CA 94111
415-765-8409 (Direct Line)
415-398-4321 (Fax)
jmct@gmssr.com (Email)


Hi there, how about tomorrow around lunch time?

 -----Original Message-----
From: 	"Swartz, Cristina" <CSWART@coair.com>@ENRON
Sent:	Monday, October 22, 2001 3:18 PM
To:	Shankman, Jeffrey A.
Subject:	RE:
Importance:	High

I've got 2 samples of fabric.  1 plain off white and the other a ribbed off
white.  Elizabeth and I prefer the ribbed.
Plain = $40 retail / $20 cost
Ribbed = $50 retail  / $25 cost x 34 yards = $850
I'll give them to you at cost so that we can continue furnishing your house
( I hear it's empty).
If you have time this afternoon and can walk down to your Lobby I can meet
you there to show you the fabrics.  Also, bring down a check so that I can
stop by Walter Lee Culp and order you couches and fabric ma?ana.  Fabric can
be overnighted if needed or sent 2 day.
I think 2 day is plenty of time.

50% now - (not including taxes)
50% later + shipping and taxes when couches are ready for delivery (6-8
wks.).

Need now
$5445 for 2 loveseats and 1 couch + $850 for fabric = $6295
I will give you a receipt.
Let me know when you can see the fabric........
Tina

-----Original Message-----
From: Jeffrey.A.Shankman@enron.com [mailto:Jeffrey.A.Shankman@enron.com]
Sent: Tuesday, October 16, 2001 2:59 PM
To: CSWART@coair.com
Subject: RE:

Good.  I'm going to Cabo thursday and will be back early sunday.  If you
have a few samples, I'll pick one, and well go forward.  Can we order the 3
sofas, and send them the fabric when it comes so we can get in the line of
orders?  No problem on the check.

What do you think of them?  Be brutal.

Jeff

    -----Original Message-----
   From:   "Swartz, Cristina" <CSWART@coair.com>@ENRON
   Sent:   Tuesday, October 16, 2001 2:49 PM
   To:     Shankman, Jeffrey A.
   Subject:  RE:

   Retail for couch is $5460 (saving $1170 about  27% lower)
   Retail for loveseat $4200 (saving $900 about 27% lower.)
   I may be able to save you more on the fabric if I can find the one you
   need
   at Kravets since they give me 50% off.  The majority of the furniture
   stores
   only give between a 20-30% off.  The couches take about 6-8 weeks if
   they
   are in stock and usually are.  I'll get some fabric this Friday during
   lunch
   and maybe I can show you over coffee that afternoon.  I'll need to order
   the
   fabric so add another 2 weeks at least before the store gets it.  Also,
   I'll
   find out paying conditions but usually is 50% upfront (cash) and then
   the
   other 50% when ready for delivery.  They don't take credit card.  Checks
   payable to me and I pay with my company check.
   I'll get moving and call you on Friday.
   Sound good?

   -----Original Message-----
   From: Jeffrey.A.Shankman@enron.com [mailto:Jeffrey.A.Shankman@enron.com]
   Sent: Tuesday, October 16, 2001 2:25 PM
   To: CSWART@coair.com
   Subject: RE:

   Holy cow this is expensive.  Of course I don't care about your 5% or so,
   but what is the retail on these babies?  I'm pretty flexible on the
   fabric--mid range would be fine.  Let's move ahead.  (2 loveseats
   though,
   not 1)  How long did they say?

   Jeff

       -----Original Message-----
      From:   "Swartz, Cristina" <CSWART@coair.com>@ENRON
      Sent:   Monday, October 15, 2001 5:04 PM
      To:     Shankman, Jeffrey A.
      Subject:  RE:

      OK...
      Sofa = $4290
      Loveseat = $3300
      8.25% tax = $626.18.
      Total = $8,216.18.  Both w/out fabric.

      You need a total of 23.5 yards of fabric.  I usually get about a
   30-35%
      discount on fabric so if you are OK with the couch prices, I can go
   to
      the
      Decorative Center and get some fabric samples for you to choose from.
   I
      have no clue as to how much indoor/outdoor fabric goes for but I'll
   get
      a
      range so that you can see the difference between the cheaper and
      expensive
      type.  Let me know how you would like to proceed.
      Thanks, Tina

      -----Original Message-----
      From: Shankman, Jeffrey A. [mailto:Jeffrey.A.Shankman@ENRON.com]
      Sent: Monday, October 15, 2001 10:30 AM
      To: cswart@coair.com
      Subject:

      Hi Tina,

      Thanks for you help.

      The site is www.thewickerworks.com.  Click on it to go directly
   there.
      The are in Houston at Walter Lee Culp.  713 623 4670.

      If you go to their web site go to the home page, then to the tab that
      says wicker, then to the tab that says more.  The design is Helva.

      I need 1 Helva sofa, and 2 Helva loveseats, of course in a very plain
      off white (not tan as one of the pictures shows) indoor/outdoor
   fabric.

      Or if you have any other ideas, let me know, of course.

      Regards,

      Jeff

      713 853 1761

   **********************************************************************
      This e-mail is the property of Enron Corp. and/or its relevant
   affiliate
      and
      may contain confidential and privileged material for the sole use of
   the
      intended recipient (s). Any review, use, distribution or disclosure
   by
      others is strictly prohibited. If you are not the intended recipient
   (or
      authorized to receive for the recipient), please contact the sender
   or
      reply
      to Enron Corp. at enron.messaging.administration@enron.com and delete
      all
      copies of the message. This e-mail (and any attachments hereto) are
   not
      intended to be an offer (or an acceptance) and do not create or
   evidence
      a
      binding and enforceable contract between Enron Corp. (or any of its
      affiliates) and the intended recipient or any other party, and may
   not
      be
      relied on by anyone as the basis of a contract by estoppel or
   otherwise.
      Thank you.

   **********************************************************************


By the way, I was talking to my friend and colleague Rose, and she tells me
that the company has hired a car to take Rose, another person and me home on
Thursday after the big party.  Nice touch, huh?  We all live close to each
other.

ckm

"Neil Mann" <nmann@erac.com> on 02/06/2001 03:04:28 PM
Please respond to <nmann@erac.com>
To: <Kay.Mann@enron.com>
cc:

Subject: RE: CONGRATULATIONS

I'm going there in April! Would you and Michael like to join me?

-----Original Message-----
From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com]
Sent: Tuesday, February 06, 2001 2:13 PM
To: nmann@erac.com
Subject: Re: CONGRATULATIONS

Go to DisneyWorld?

Just kidding.

I don't know.  Maybe order some clothes.

Kay

"Neil Mann" <nmann@erac.com> on 02/06/2001 02:37:04 PM

Please respond to <nmann@erac.com>

To:   "C. Kay Mann (E-mail)" <Kay.Mann@Enron.com>
cc:

Subject:  CONGRATULATIONS

Congratulations!!
$32,175.00 Has been deposited into the S/W account. What would you like to
do?
NM


alDentiii, JaDrow:

I applaud your additions and input!  He's right, Woody.
And he doesn't need me to say that, either, but I wish I had thought of what he added first!

The B.F. (Black Fraternity, what are the Greek letters?) holds most of the cards in this scenario.  Therefore, whoever the intermediary is is excruciatingly important vis-a-vis credibility with local Auburn parties as well as the National fraternities.

Bottom line:  Can everybody (including the polka-dotted people) step outside of their stereotypical roles for a minute and make a statement to their unborn sons and daughters that racism of all colors ends with our generation?  (Shocking coming from a Republican)  Or is this just another news story, another missed opportunity?  After all, we went to SMU for the same reason they are at Auburn now.  Most of us are or will be amused to look back at some of the unexpected sources of the lessons learned.

Can you tell that my profession is very close to this question more often than all of its members wish to admit?

The Less Diplomatic Brother Sarl

 Wed, 14 Nov 2001 20:12:22   aldentiii wrote:
>Woody, though Brother Carl's suggestions have some merit, I suggest that if
>you are going to get involved and
>talk to your son's actives that a little more diplomacy be considered.  I
>too have read many of the news reports about the
>"incident", and several were coupled with quotes from members of the Black
>fraternity aimed directly at the Betas rather than
>the Delta Sigs.  I think that any attempt on the part of the local (former)
>chapter members to approach the members of the Black fraternity for
>forgiveness will be met with outrage and will be rejected and blown up in
>the press in such a way as to
>make impossible a solution.  The chapter needs to find an intermediary who
>they can talk to and who has credibility with the Black fraternity.  They
>need to have a complete game plan to pitch to the intermediary, who, if
>convinced with their sincerity about their remorse in what happened, will be
>willing to pitch their case to the Black fraternity in hopes of bringing
>about a meeting between representatives from the Beta chapter and the Black
>fraternity to iron out an agreement to resolve the dispute and to include
>the Black fraternity in supporting a petition to reinstate the chapter's
>charter (and probably with conditions which the Black fraternity will demand
>and which the Betas - behind the eight ball - can't negotiate away).
>Unfortunately, the Betas are not in a good bargaining position.  So whatever
>course they elect to take, they will need to remember this.  They will have
>to eat a whole lot of humble-pie to get that charter back.
>
>- kai -
>
>Dick Dent a.k.a. the Deacon #267
>
>----- Original Message -----
>From: "woody berry" <boethia@hotmail.com>
>To: <smu-betas@yahoogroups.com>
>Sent: Wednesday, November 14, 2001 12:23 PM
>Subject: Re: [smu-betas] Sad day for Auburn Betas
>
>
>> Carl,
>>     That's a great idea and is one the men there are already trying to
>work
>> on.  As you might imagine, relations with the black frat are a bit raw
>> emotionally right now, but it's a good idea.
>>
>> Thanks,
>> Drow
>>
>> PS.  By the way, that's quite possibly the very first intelligent thing
>I've
>> ever hear you articulate in, oh, about 30 years or so.
>>
>> _________________________________________________________________
>> Get your FREE download of MSN Explorer at http://explorer.msn.com/intl.asp
>>
>>
>>
>> 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/
>>
>>
>>
>
>
>
>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/
>
>
>

Join 18 million Eudora users by signing up for a free Eudora Web-Mail account at http://www.eudoramail.com

------------------------ Yahoo! Groups Sponsor ---------------------~-->
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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/


Tomorrow's SWAP meeting has been canceled.  Next meeting - Wednesday, December 5.

Holly Keiser
Enron Wholesale Services
Legal Department
Phone: 713-345-7893
Fax: 713-646-3490
Location: EB 3887
Holly.Keiser@enron.com


---------------------- Forwarded by Michelle Lokay/ET&S/Enron on 09/25/2000
10:39 AM ---------------------------

	From:  Enron Announcements                           09/22/2000 08:36 PM

Sent by: Enron Announcements
To: Enron US Employees
cc:

Subject: The New Power Company; Reserved Share Program

Enron U.S Employees:

A registration statement relating to a proposed initial public offering of
shares of common stock of TNPC, Inc. (TNPC), an affiliate of Enron Corp., has
been filed with the Securities and Exchange Commission.  In connection with
the proposed offering, TNPC has arranged to reserve a limited number of
shares of TNPC's common stock for purchase by Enron U.S. employees and
certain other individuals (Reserved Share Program).  If you have any interest
in further information regarding the Reserved Share Program, which has a
deadline of October 2, 2000, please execute the link to the following site
where you will find a preliminary prospectus, a letter explaining the
program, an expression of interest form, and an NASD questionnaire related to
the offering:

http://home.enron.com:84/tnpcsharepgm/index.html

NOTE:  In the event that you are unable to execute the above link, please
copy the link to the address line of your installed browser.

The following statements are required to be included in this E-Mail by the
rules and regulations of the Securities and Exchange Commission:

 "A registration statement relating to the shares has been filed with the
Securities and Exchange Commission but has not yet become effective.  These
securities may not be sold nor may offers to buy be accepted prior to the
time the registration statement becomes effective.  This E-Mail shall not
constitute an offer to sell or the solicitation of an offer to buy nor shall
there be any sales of these securities in any state in which such offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such state."

 "No offer to buy the securities can be accepted and no part of the purchase
price can be received until the registration statement has become effective,
and any such offer may be withdrawn or revoked, without obligation or
commitment of any kind, at any time prior to notice of its acceptance given
after the effective date.  An indication of interest in response to this
advertisement will involve no obligation or commitment of any kind."


Start Date: 4/23/01; HourAhead hour: 12;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042312.txt


I will be able to interview at either time.  I selected the late time on the
email, but wanted to respond to make sure you received it.

DG
---------------------- Forwarded by Darron C Giron/HOU/ECT on 02/09/2001
10:45 AM ---------------------------

	Enron North America Corp.

	From:  Andrea Richards @ ENRON                           02/09/2001 10:35 AM

To: Darron C Giron/HOU/ECT@ECT, David Baumbach/HOU/ECT@ECT
cc: Jana Giovannini/HOU/ECT@ECT
Subject: Analyst Interviews Needed - 2/15/01

Darron, David, please respond to Jana in regards to the times that you will
be available to interview candidates.
---------------------- Forwarded by Andrea Richards/NA/Enron on 02/09/2001
10:41 AM ---------------------------

	Enron North America Corp.

	From:  Jana Giovannini @ ECT                           01/25/2001 01:42 PM

To: John Cobb/FGT/Enron@ENRON, Bob Chandler/ET&S/Enron@ENRON, James
Saunders/Houston/Eott@Eott, Jennifer Lev/FGT/Enron@ENRON, Lisa
Sutton/FGT/Enron@ENRON, Susan Helton/HOU/ECT@ECT, Georgeanne
Hodges/HOU/ECT@ECT, Faith Killen/HOU/ECT@ECT, Greg Whiting/Corp/Enron@ENRON,
Sayed Khoja/NA/Enron, Mary Lynne Ruffer/HOU/EES@EES, Jody Pierce/HOU/ECT@ECT,
Thomas Myers/HOU/ECT
cc: Shelly Butler/HOU/ECT@ECT, Andrea Richards/NA/Enron@Enron

Subject: Analyst Interviews Needed - 2/15/01

All,

The Analyst and Associate Programs recognize we have many Analyst needs that
need to be addressed immediately.  While we anticipate many new Analysts
joining Enron this summer (late May) and fulltime (August) we felt it
necessary to address some of the immediate needs with an Off-Cycle Recruiting
event.  We are planning this event for Thursday, February 15 and are inviting
approximately 30 candidates to be interviewed.  I am asking that you forward
this note to any potential interviewers (Managers or above).  We will conduct
first round interviews in the morning and the second round interviews in the
afternoon.  We need for interviewers to commit either to the morning
(9am-12pm) or afternoon (2pm-5pm) complete session.  Please submit your
response using the buttons below and update your calendar for this date.  If
you are currently on the new Outlook program, you may not be able to use the
buttons below.  In that instance, please contact me at x39233 to volunteer.

In addition, we have a need within one of Enron's business units for
accounting majors.  We will be bringing several people in to interview with
accounting backgrounds.  We will then make sure that the schedule will be set
so you would interview these specific candidates.  We would greatly
appreciate your assistance in this effort.  Thanks in advance for your
cooperation.

Thank you,
Jana


The execution documents were sent over to Duke Energy yesterday.  I spoke to
them this morning and they we going to forward the documents internally for
signature.  I, or Marie upon her return from vacation, will keep you posted
on the progress of execution.


What is the new log in information for the peco/ce checkout website.  That below did not work for the website.

USER:  Enron@enron.com
pswd:  realtime

Chris Watts
Analyst Enron
WK:  713-853-4292
christopher.watts@enron.com


If you  haven't seen it.  Got this from a WAPA guy through WPTF.

PROPOSED ACTION STEPS AGREED TO AT DENVER EMERGENCY MEETING ON DECEMBER 20,
2000

1. Action in California. The governors call upon California to redouble its
efforts to conserve electricity and to stabilize prices and its electric
power market.

2. FERC Investigation. The governors thank Chairman Hoecker for his offer of
assistance and ask that his staff prepare an immediate report on the
implications and potential consequences of regional price caps and bilateral
contracts, and to investigate: why Western electricity prices have been so
high; who
has benefitted from these high prices; and whether generating capacity has
been held back. This information will be useful whatever the individual
governors
views on these matters.

3. Energy Conservation. The governors commit to and ask their western
gubernatorial colleagues to join them in implementing a coordinated,
state-by-state,
voluntary conservation strategy to free up electricity in the West starting
no later than January 1. This plan would encourage consumers at every scale
to reduce
or reschedule electricity demand and would encourage state public service
commissions to review and adopt other steps such as mechanisms to pay users
for
forgoing power during times of high demand. Furthermore, the governors agree
and ask their western gubernatorial colleagues to join them in reducing the
electricity consumed by public agencies in their states. The states will
coordinate an energy conservation response by December 28.

4. Presidential Task Force. The governors call upon their colleague
President-elect Bush to convene a formal team to work with the western
governors on
this urgent issue while waiting for appointments to be made.

5. Increasing Supply. The governors will convene in late January or early
February a meeting of all the affected parties to prepare a vision and action
plan for
the west's energy future and its relation to a national energy policy,
including increasing the supply and availability of electricity and energy
throughout the region
today and in the future. The governors called for this meeting at the winter
2000 meeting of the Western Governors' Association; due to the current energy
crisis they have fast-tracked this meeting and the development of a
hemispheric energy policy.


i knew that was coming before you sent it.  you are so predicable.  didn't get your way and pouting again.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 19, 2001 3:50 PM
To:	Nelson, Michelle
Subject:	RE:

bye

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 3:49 PM
To:	Maggi, Mike
Subject:	RE:

i am not going to replay a drunken conversation with you.  you will have to remember on your own.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 19, 2001 3:48 PM
To:	Nelson, Michelle
Subject:	RE:

whats not the same

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 3:48 PM
To:	Maggi, Mike
Subject:	RE:

what are you talking about?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 19, 2001 3:47 PM
To:	Nelson, Michelle
Subject:

i cant figure out what i meant


Stuart had a suggested change.  I'll email it to you.

 -----Original Message-----
From: 	Leigh, Lorie
Sent:	Friday, December 21, 2001 1:30 PM
To:	Mann, Kay; Zisman, Stuart; Tapscott, Ron; Jacoby, Ben; Schneider, Chip
Subject:	RE: Morris Letter

Is this letter approved to go out today?  Please advise.

Lorie Albrecht
Senior Admin. Asst.
Enron East Power Generation Development
Office: 713-853-1696

 -----Original Message-----
From: 	Mann, Kay
Sent:	Thursday, December 20, 2001 5:36 PM
To:	Leigh, Lorie
Subject:	RE: Morris Letter

Probably until 6.

 -----Original Message-----
From: 	Leigh, Lorie
Sent:	Thursday, December 20, 2001 5:35 PM
To:	Mann, Kay; Zisman, Stuart; Tapscott, Ron; Jacoby, Ben; Schneider, Chip
Subject:	RE: Morris Letter

I have a copy of the lease to give to you.  How long are you going to be in your office?

Lorie Albrecht
Senior Admin. Asst.
Enron East Power Generation Development
Office: 713-853-1696

 -----Original Message-----
From: 	Mann, Kay
Sent:	Thursday, December 20, 2001 5:33 PM
To:	Zisman, Stuart; Leigh, Lorie; Tapscott, Ron; Jacoby, Ben; Schneider, Chip
Subject:	RE: Morris Letter

It would be helpful to see the lease and the letter before commenting.

Thanks,

Kay

 -----Original Message-----
From: 	Zisman, Stuart
Sent:	Thursday, December 20, 2001 5:25 PM
To:	Leigh, Lorie; Tapscott, Ron; Jacoby, Ben; Mann, Kay; Schneider, Chip
Subject:	RE: Morris Letter

Please provide me with any comments to the letter.  I can work with Lorie to get it revised and send it out once we receive a consensus.

 -----Original Message-----
From: 	Leigh, Lorie
Sent:	Thursday, December 20, 2001 5:23 PM
To:	Tapscott, Ron; Jacoby, Ben; Mann, Kay; Zisman, Stuart; Schneider, Chip
Subject:	Morris Letter

 << File: morris_ltr_122001.pdf >>

Lorie Albrecht
Senior Admin. Asst.
Enron East Power Generation Development
Office: 713-853-1696


Please review.  Thanks.


Quick someone call Owen.

----- Forwarded by John J Lavorato/Corp/Enron on 01/14/2001 09:59 PM -----

	Peter Keohane@ECT
	Sent by: Sharon Crawford@ECT
	01/12/2001 05:40 PM

		 To: Derek Davies/CAL/ECT@ECT
		 cc: Rob Milnthorp/CAL/ECT@ECT, John J Lavorato/Corp/Enron@Enron, John
Zufferli/CAL/ECT@ECT, Andre Templeman/CAL/ECT@ECT, Robert Hemstock/CAL/ECT@ECT
		 Subject: Sundance B PPA - Clover Bar Dispatch


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Andy:
This past weekend we released a new version  of the EOL software that,
unfortunately, had a bug.  The effect was to lengthen the time delay between
numbers changing and when they would show up on the internet to an
unacceptable level that increased the number of failed trades.  We made the
decision to take some of the more volatile products temporarily offline until
the fix could be made.  I do not anticipate this to be a concern going
forward.  Thanks for the feedback.
John Arnold


i'm going to be in the US from nov 15 to nov 24

 -----Original Message-----
From: 	Davies, Derek
Sent:	Thursday, November 08, 2001 12:00 PM
To:	'Rob Imbeau <robi@encoreenergy.com>@ENRON'
Cc:	Zufferli, John
Subject:	RE: Drinks

Hey,  no problem.  Hopefully you not allergic to hanging out with Enron guys.  The week of the 20th is fairly good.  What were you thinking?

Derek

 -----Original Message-----
From: 	Rob Imbeau <robi@encoreenergy.com>@ENRON
Sent:	Thursday, November 08, 2001 10:19 AM
To:	Davies, Derek
Subject:	Drinks

Hi Derek,

Are you still interested in beers today?  I have unfortunately come down
with a nasty flu, I am going to have to bail out.  I feel like a scumbag
since I initiated the get together, but I'm sure you don't want to be
infected.  Would you like to reschedule for the week of November 20th?

Rob


Contrary to my earlier E-mail, our answer is due on the 26th.


Your big opportunity appears to be here!  Some guy in the for sale database
under misc messages is looking to put together a team for the year 2000.
This is your big break...


Hello Vince,

My name is Bernard Murphy - I received your e-mail address from Les Clewlow,
who was my PhD supervisor at the Financia Options Research Centre at Warwick
Business School.  I've just finished my PhD on Electricity Price Jump
Diffusions :  A Theoretical and Empirical Study in Incomplete Markets -
hence my interest in electricity price modelling and derivative pricing.  I
was looking to get hold of a copy of your 1997 paper, which has recently
come to my attention :

"The Challenge of Pricing & Risk-Managing Electricity Derivatives", The US
POwer Market, Risk Publications, pp. 149-171.

and Les suggested that I contact you directly (Les is travelling at present
and doesn't have an electronic copy available) to request an e-copy.

Incidentally, I am Lecturer in Finance / Financial Mathematics at University
of Limerick (Ireland) and have taken a year out to work for Caminus UK,
where I am working on introducing and developing a markets-based approach
(spark-spread) to real asset valuations in the UK power industry.

Thanks in advancve

Bernard Murphy


We Agree with the nominations.

"Eileen Ponton" <kponton@duke-energy.com> on 03/21/2001 11:08:26 AM

To:   David Avila/LSP/ENSERCH/US@TU, Charlie Stone/Texas Utilities@TU, Melissa
      Jones/Texas Utilities@TU, HPL.SCHEDULING@ENRON.COM,
LIZ.BELLAMY@ENRON.COM
cc:
Subject:  NOMS/ACTUAL FLOW FOR 03/20/01

NOM       MCF       MMBTU
50,000         46,771         48,034

BTU = 1.027


I have called you several times this morning but your phone rolls over to a
messaging system that won't let me leave a message. That's ok today because I
need to talk to you live, but it is good to know that I can't get ahold of
you when I need to. I wonder if Bracewell's Wash. office has the same
problem?


Broker is right - deal has been changed to .015 broker fee.

Evelyn Metoyer@ENRON
02/06/2001 11:48 AM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: RE: discrepancies

Kate can you check this fee with Mike Swerzbin for deal 514296.
Amerex says Mike agreed to $.015 however, Enpower has $.0075

Thanks!!

---------------------- Forwarded by Evelyn Metoyer/Corp/Enron on 02/06/2001
01:47 PM ---------------------------

"Chnell Scott" <chnells@amerexenergy.com> on 02/06/2001 01:46:29 PM
To: <Evelyn.Metoyer@enron.com>
cc:

Subject: RE: discrepancies

309706-brendon says your trader agreed to .015 for the fee.

Thanks!

-----Original Message-----
From: Evelyn.Metoyer@enron.com [mailto:Evelyn.Metoyer@enron.com]
Sent: February 06, 2001 1:35 PM
To: Inquiry@amerexenergy.com
Subject: discrepancies

deal 309706b
We show a fee of .0075


Jim:

JR is on vacation, but is reachable via e-mail.  Through Daniel, he directed me to an article he published in Electricity Journal (Jan. 99) in which I found the information in the attached table.  Please let me know when you get a chance if this is the information you needed.  If not, I will get in touch with JR.

Thanks,

Jennifer

 -----Original Message-----
From: 	Steffes, James D.
Sent:	Wednesday, August 15, 2001 12:23 PM
To:	Thome, Jennifer
Subject:	RE: Installed capacity def. charge and PECO

What was the explicity capacity ($/kw-mo) component by year for PECO in their stranded cost case?  Feel free to call JR.

Jim

 -----Original Message-----
From: 	Thome, Jennifer
Sent:	Wednesday, August 15, 2001 11:35 AM
To:	Steffes, James D.
Subject:	FW: Installed capacity def. charge and PECO

Jim:

Below is the response I received from Daniel re: the ICAP component in PECO's stranded costs.  Does this answer your question?  I looked over dockets, etc. before contacting Daniel and hadn't found anything specific to ICAP deficiency charges.

Jennifer
 -----Original Message-----
From: 	"Daniel Clearfield" <dclearfield@wolfblock.com>@ENRON [mailto:IMCEANOTES-+22Daniel+20Clearfield+22+20+3Cdclearfield+40wolfblock+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Wednesday, August 15, 2001 11:15 AM
To:	Thome, Jennifer
Subject:	Re: Installed capacity def. charge and PECO

My contact, JR Rohrbaugh, called back. He says that ICAP was explicitily included in the market value of the plants in the model.  The yearly market value had an energy componet and a capacity componet with the assumption that the capacity was compensation for installed capacity.  This revenue, less incremental cost of running the plants was the annual cash value of the plants which was then present valued.  That number less the book value was the stranded cost of the generation assets.   Hope this helps.  If Jim wants to talk to JR directly I have his number or e-mail.
>>> <Jennifer.Thome@enron.com> 08/14/01 06:50PM >>>

   Daniel:

   At Jim Steffes' request, I am trying to determine the following - of the
   stranded costs sought by PECO in its original restructuring plan, what
   portion was for installed capacity deficiency charges?  I have read over
   a number of dockets, but haven't found mention of this.  I greatly
   appreciate your assistance.

   Jennifer
   713-345-3550

**********************************************************************
This e-mail is the property of Enron Corp. and/or its relevant affiliate and may contain confidential and privileged material for the sole use of the intended recipient (s). Any review, use, distribution or disclosure by others is strictly prohibited. If you are not the intended recipient (or authorized to receive for the recipient), please contact the sender or reply to Enron Corp. at enron.messaging.administration@enron.com and delete all copies of the message. This e-mail (and any attachments hereto) are not intended to be an offer (or an acceptance) and do not create or evidence a binding and enforceable contract between Enron Corp. (or any of its affiliates) and the intended recipient or any other party, and may not be relied on by anyone as the basis of a contract by estoppel or otherwise. Thank you.
**********************************************************************

Daniel Clearfield, Esq.
Wolf, Block, Schorr and Solis-Cohen LLP
212 Locust St., Suite 200
Harrisburg, PA  17101
(717) 237-7173
(717) 237-7161 fax


Patrick,

Good to hear from you. I won't be needing my blubber where I am. I moved to
Houston at the end of September. Things here are good. I'm trading
electricity in the North Eastern US and so far things are going pretty well.
I never did make it to Toronto this summer. Hope things are going well for
you and keep in touch.

Chris


Fletcher Challenge Petroleum Inc. and ENA
CP #26315
Contract #96001010

It looks like the Counterparty group inactivated this counterparty in their system effective 9/12/98 due to a name change to Fletcher Challenge Energy Canada Inc. but I can't find any documentation on this so we still have an active contract in Global.

Can you all shed any light on this as to whether or not this CP's contract should be terminated?

-thanks again
g

Georgi Landau
Enron Net Works
(Ph) 713/345-4435
(Fx)  713/646-2495


----- Forwarded by Richard B Sanders/HOU/ECT on 08/18/2000 04:29 PM -----

	Zaib Iqtidar <zaib@ecogas.com>
	08/18/2000 04:03 PM

		 To: "'richard.b.sanders@enron.com'" <richard.b.sanders@enron.com>
		 cc:
		 Subject: Ecogas Legal Expenses 8/17/00

Please find attached the most recent schedule of outstanding legal expenses
for Ecogas Corporation. This schedule was compiled with information
available as of 8/17/00. Please call 512-347-1441 ext 278 if you have any
questions.

Regards,

Zaib Iqtidar

 <<Ecogas Legal Bills  8-17-00.xls>>

 - Ecogas Legal Bills  8-17-00.xls


----- Forwarded by Steven J Kean/NA/Enron on 03/18/2001 07:50 PM -----

	eserver@enron.com
	03/16/2001 09:59 AM

		 To: "Steven.J.Kean@enron.com" <Steven.J.Kean@enron.com>
		 cc:
		 Subject: <<Concur Expense Document>> - JS3/15/01

The following expense report is ready for approval:

Employee Name: James Steffes
Status last changed by:  Automated Administrator
Expense Report Name: JS3/15/01
Report Total: $4,231.54
Amount Due Employee: $4,231.54

To approve this expense report, click on the following link for Concur
Expense.
http://nahou-wwxms01p


Rod:
Do you and Diana have a copy of the ISDA master between ENA and Kaiser?  If
not, here is a summary of some of the Kaiser credit related provisions:

 1. $30,000,000 cross default threshold

2. MAC Event of Default - As to Kaiser, a MAC occurs if either an Event of
Default occurs under the 2/15/94 Credit Agreement with BankAmerica or its
credit rating drops to B- or below by S&P and B3  or below by Moody's.  In
each case, if they deliver collateral, no Event of Default occurs.

3. Collateral Threshold equal to ENA's Net Exposure which goes to zero if a
MAC occurs and there is a failure to deliver collateral within 90 days or an
Event of Default occurs.

4. $1,000,000 rounding amounts

With respect to setoff rights, I spoke with David Mitchell about this and if
it turns out that both types of swap transactions are done with the same
Kaiser entity but different Enron entities and the metals ISDA has
appropriate setoff language, then we feel fairly comfortable that upon a
Kaiser bankruptcy filing in the US, we would be able to exercise setoff
rights.

What is the next step?

Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com

	Roderick Nelson/Enron@EUEnronXGate
	05/25/2001 09:15 AM

		 To: Carol St Clair/HOU/ECT@ECT, Diana Higgins/Enron@EUEnronXGate
		 cc:
		 Subject: RE: Kaiser

Hi Carol.  Great to hear from you.  I hope all is going well.

Diana Higgins who is a manager (credit) in the metal area will be the
principal credit person.  I would say that Kaiser is a low grade credit and
the contract should be robust with early termination and collateral rights.

 -----Original Message-----
From:  St Clair, Carol
Sent: 25 May 2001 15:02
To: Nelson, Roderick; Simons, Paul
Cc: Shackleton, Sara
Subject: Kaiser
Importance: High

Rod and Paul:
I have checked the ISDA between Kaiser and ENA and it has our standard setoff
language which permits setoff of amounts owed by or to the Non-Defaulting
Party and its Affiliates against amounts owed by or to the Defaulting Party
under the ISDA and other agreements.  Please call me once you have located
the Metals agreement as Greg indicated to me in a voice mail that he needs an
answer this morning.

Rod,
If we get comfortable on the legal side with this arrangement, are there
other credit issues that need to be considered?

Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com


Please activate all draft products in finswaps, and nontx phys and phys index
(all terms) including restricted SJ.  Thank you very much.  Please call me
when they are activated.

Mike Grigsby
x37031


----- Forwarded by Jeff Dasovich/NA/Enron on 11/04/2000 04:57 PM -----

	Jeff Dasovich
	Sent by: Jeff Dasovich
	11/04/2000 04:55 PM

		 To: Kimberly Kupiecki <kkupiecki@arpartners.com>
		 cc: Jacqueline Kelly <JKelly@hotmail.com>
		 Subject: RE: ?

OK.  Looks like Saturday's out.  I'm game for tomorrow.  Morning?
Afternoon?  We can meet at my office if you'd like, or at a cafe.  Let me
know.

Best,
Jeff

	Kimberly Kupiecki <kkupiecki@arpartners.com>
	11/03/2000 07:26 PM

		 To: Jacqueline Kelly <JKelly@FairIsaac.com>
		 cc: "'Jeff.Dasovich@enron.com'" <Jeff.Dasovich@enron.com>, Jacqueline Kelly
<JKelly@FairIsaac.com>, kupiecki@haas.berkeley.edu, "'tedchin@hotmail.com'"
<tedchin@hotmail.com>
		 Subject: RE: ?

Hello everyone,

I thought I missed something last night - there were four accidents on my
way home so I didn't even get into the city until 7:30 pm.  I checked my
email and didn't see anything so I don't feel so guilty now.

I can meet on the weekend whenever.

At 01:05 PM 11/3/00, Jacqueline Kelly wrote:
>Look who you are talking to...of course we didn't meet.  I'm around this
>weekend.  Will to work on a spreadsheet before hand.  Otherwise we can meet
>during break or next Wednesday.
>
>Whatta ya think?
>
>-----Original Message-----
>From: Jeff.Dasovich@enron.com [mailto:Jeff.Dasovich@enron.com]
>Sent: Friday, November 03, 2000 12:53 PM
>To: JKelly@fairisaac.com; kupiecki@haas.berkeley.edu
>Subject: ?
>
>
>I have NO idea how I sent the email to jackie at kim's email address.
>apologies.  i'm losing it.
>
>did you guys meet last nite to discuss the project?  If not, do you want to
>meet this weekend for a wee bit to discuss?  i'm in town.  just let me
>know.  i can't find ted's email on any notes and i'm too lazy (flaky) to
>search it out.
>
>best,
>Jeff
>----- Forwarded by Jeff Dasovich/NA/Enron on 11/03/2000 02:49 PM -----
>
>
>                     Jeff Dasovich
>
>                     Sent by: Jeff        To:     Jacqueline Kelly
><JKelly@arpartners.com>
>                     Dasovich             cc:
>
>                                          Subject:     Reschedule the
>Meeting?(Document
>                                          link: Jeff Dasovich)
>
>                     11/01/2000
>
>                     08:19 PM
>
>
>
>
>
>
>
>
>My schedule has blown apart for tomorrow--traveling.  Possible to meet this
>weekend to discuss the project?  Either day's fine with me.  Apologies for
>the last minute change.
>
>Best,
>Jeff

Kimberly Kupiecki
Director
A&R Partners
kkupiecki@arpartners.com
(650) 762 2800 main
(650) 762 2825 direct
fax (650) 762 2801


Folks-
Barbara asked that I forward these on the Group. She received them from
Barbara Lloyd in the Treasurers Office.

Delaney

 - Direct Access cover memo -- interested parties.doc
 - Revised Retail access bullet points5.doc


that is good to hear.  i was driving through west u last night and saw quite a few.  i hit a couple of kids so i figure that netted me a few points.

i look forward to seeing you on saturday

love,
e

-----Original Message-----
From: Larry Bass [mailto:lwbthemarine@alltel.net]
Sent: Thursday, November 01, 2001 9:58 AM
To: Bass, Eric
Subject: Re: Dinner

We will see you there. We had more treat or treaters last night than we have
ever had. I think the people are telling the terrorists to stuff it. Have a
great day . Love-Dad

----- Original Message -----
From: "Bass, Eric" <Eric.Bass@ENRON.com>
To: "Larry Bass" <lwbthemarine@alltel.net>
Sent: Thursday, November 01, 2001 9:49 AM
Subject: RE: Dinner

redwood grill!

-----Original Message-----
From: Larry Bass [mailto:lwbthemarine@alltel.net]
Sent: Thursday, November 01, 2001 9:48 AM
To: Bass, Eric
Subject: Re: Dinner

Great. Where are we to meet you?-D

----- Original Message -----
From: "Bass, Eric" <Eric.Bass@ENRON.com>
To: "Larry Bass" <lwbthemarine@alltel.net>
Cc: "K. Bass" <daphneco64@alltel.net>
Sent: Wednesday, October 31, 2001 2:54 PM
Subject: RE: Dinner

7 o'clock it is - see you then.

-e

-----Original Message-----
From: Larry Bass [mailto:lwbthemarine@alltel.net]
Sent: Wednesday, October 31, 2001 2:10 PM
To: Bass, Eric
Cc: K. Bass
Subject: Re: Dinner

Reservations @ 6, 6:30; 6:43 or 7 will work. Just let us know.

----- Original Message -----
From: "Bass, Eric" <Eric.Bass@ENRON.com>
To: "Larry Bass" <lwbthemarine@alltel.net>
Sent: Wednesday, October 31, 2001 7:07 AM
Subject: RE: Dinner

sounds good - i will make the reservations for sat.  is 7 o'clock ok?

-----Original Message-----
From: Larry Bass [mailto:lwbthemarine@alltel.net]
Sent: Tuesday, October 30, 2001 8:00 PM
To: Bass, Eric
Cc: K. Bass
Subject: Re: Dinner

Let's do Sat. night, if okay with you.-Dad

----- Original Message -----
From: "Bass, Eric" <Eric.Bass@ENRON.com>
To: "Dad (E-mail)" <lwbthemarine@alltel.net>
Sent: Tuesday, October 30, 2001 4:02 PM
Subject: Dinner

Any news?  Which night do you want to get together?

-e

**********************************************************************
This e-mail is the property of Enron Corp. and/or its relevant affiliate
and
may contain confidential and privileged material for the sole use of the
intended recipient (s). Any review, use, distribution or disclosure by
others is strictly prohibited. If you are not the intended recipient (or
authorized to receive for the recipient), please contact the sender or
reply
to Enron Corp. at enron.messaging.administration@enron.com and delete
all
copies of the message. This e-mail (and any attachments hereto) are not
intended to be an offer (or an acceptance) and do not create or evidence
a
binding and enforceable contract between Enron Corp. (or any of its
affiliates) and the intended recipient or any other party, and may not
be
relied on by anyone as the basis of a contract by estoppel or otherwise.
Thank you.
**********************************************************************


Enron in Action can be accessed through the new Community Relations web site at http://cr.enron.com/eia.html .  In this week's issue you will find out information regarding:

Enron Happenings
BEAR Holiday Fundraiser
2001 Holiday Shopping Card benefiting the American Cancer Society
Enron Kids 2001 Holiday Program
Support the Museum of Natural Science at the Crate & Barrel Opening Night Preview Party
Enron Night with the Houston Aeros
Free Carwashes for Enron Employees
American Heart Association "Heart Walk"

Enron Volunteer Opportunities
Volunteer for the 2001 Nutcracker Market "A World of Holiday Shopping"

Enron Wellness
CPR/First Aid Training
Mammogram Screening
November is Lung Cancer Awareness Month

Involved Employees
Par "Fore" Pets Golf Tournament

In addition, Enron in Action is available through a channel on my.home.enron.com.  To add this channel to your set-up click on the channels link at the top of the screen and under announcements check the Enron in Action box.

If you wish to add an announcement to Enron in Action, please fill out the attached form below and submit it to mailto:eia@enron.com no later than 12 PM Thursday each week.


memo


Looks like you got this earlier.  I think it has new relevance in light of
FERC's announced investigation.

----------------- Forwarded by Steven J Kean/NA/Enron on 08/24/2000 08:40 AM
---------------------------

Tim Belden@ECT
08/17/2000 09:34 AM
To: James D Steffes/HOU/EES@EES
cc: Jeff Dasovich/SFO/EES@EES, Mary Hain/HOU/ECT@ECT, Susan J
Mara/SFO/EES@EES, Mona L Petrochko/SFO/EES@EES, Bruno Gaillard/SFO/EES@EES,
Sarah Novosel/Corp/Enron@ENRON@EES, Paul Kaufman/PDX/ECT@ECT, Joe
Hartsoe/Corp/Enron@ENRON@EES, Steven J Kean/HOU/EES@EES, Richard
Shapiro/HOU/EES@EES

Subject: Re: FERC INVESTIGATION IN CA - What should they be looking for?

Here are some more thoughts:
FERC should take a hard look at why the ISO is almost always in an "inc"
situation in real time.  Without structural incentives to go short into real
time, I would expect the CAISO to "inc" in some hours and "dec" in others --
with no consistent patterns.
The IOU's have four choices for purchasing power:  PX Block Forward, PX Day
Ahead, PX Day Of, and CAISO Ex Post.  They had ample opportunity to purchase
lower cost power in the PX Block Forward but didn't buy enough.  That left
them short in the Day Ahead.  They can reduce Day Ahead prices by moving some
of their load to the Ex Post market.  Dave Parquet did an Econ 101
presentation on this incentive at the CAISO board meeting in June.
The ISO remains primarily in "inc" mode even during the shoulder months when
prices are lower, another indicator that the real time "inc" problem is
driven by the load side rather than the supply side.  The IOU's continue to
go short into the ISO Ex Post market even when the CAISO Ex Post price is
consistently above the PX Day Ahead price.
There is evidence that the IOU's are not willing to pay above the CAISO price
cap for energy from the PX in the Day Ahead market.  Does it matter that the
price cap for the ISO also acts as a PX price cap?
The NOx market in California is very tight.  How has this contributed to
higher costs and has the complete lack of available NOx credits prevented any
generators from running?
How large was the impact of the below normal water year on the supply side?
The attached presentation quantifies this effect in the Northwest.  (I have a
theory on how hydro capacity completely overstates reserve margins in the
west from an economic perspective.  I can go into more detail if you wish.)
Friction between California PX and ISO markets and other western markets.
For example, why are actual flows going into the state yet prices out side of
the state are higher?  Another example of anomylous behavior is at COB on
8/11 and 8/12.  There was congestion from California TO the northwest those
days in the Day Ahead market.  In real time the NW ended up being a net
seller of about 3,000 MW from the NW TO California.
Demand Side - we really need to press on this issue because all of the
proponents of price caps claim that as soon as the demand side is "workably
competitive" then there is no need for price caps.  Is large-scale economic
demand response required for a competitive market?  What if demand response
is there, but at very high prices?  The demand response in California is a
joke.  With 2700 MW of interuptible, why did the utilities and the CAISO only
get around 600 MW of economic demand response.  Much of this response comes
at $1500/MWh.  The assymetric treatment of supply side resources and demand
side resources can be justified on environmental grounds, but not economic
grounds.  So why this assymetric treatment?  This gets to the question of the
fine line between "scarcity rents" which are ok, and market power which is
not.  If power is scarce, and demand truly values it at $1500/MWh then
shouldn't that be the price.  At what price would the rest of the
interuptible load economically curtail?  Bottom line -- there are about 2,000
MW of load that should be able to respond to price signals that chooses not
to or values power at more than $1500/MWh.
Burden of proof -- what empirical measures should be used to assess market
power?  The reports published to date have been unimpressive.  The Market
Analysis Unit report, for example, does a bunch of handwaving and then
concludes that there is market power.  But they never explain why.  I would
think that proof might be something like this:  Generator X sets price y% of
the time when loads exceed Z MWs.  Or, four generators set price 80% of the
time when prices exceed $200/MWh.  They have all the data to be able to tell,
yet they don't provide any empirical measures.  The only test I've heard of
so far is the UC Energy Institute report that demonstrates that generators
are submitting bids above their marginal cost.  The PX report states that
supply bids are fewer and at higher prices than last year.  They fail to
mention the fact that there are 5,000 fewer MW of hydro this year relative to
last.

James D Steffes@EES
08/17/2000 06:18 AM
To: Tim Belden/HOU/ECT@ECT, Jeff Dasovich/SFO/EES@EES, Mary Hain/HOU/ECT@ECT,
Susan J Mara/SFO/EES@EES, Mona L Petrochko/SFO/EES@EES, Bruno
Gaillard/SFO/EES@EES, Sarah Novosel/Corp/Enron@ENRON, Paul
Kaufman/PDX/ECT@ECT, Joe Hartsoe/Corp/Enron@ENRON
cc: Steven J Kean/HOU/EES@EES, Richard Shapiro/HOU/EES@EES
Subject: FERC INVESTIGATION IN CA - What should they be looking for?

As we begin to meet with FERC Staff on the Wholesale market issues related to
CA problems, I think that we need to put together a list of questions that
FERC needs to be asking Western power market participants.

The following are some questions that I think are important to have FERC ask;
I'm sure there are more.

1. Were California utilities underscheduling load into the PX day ahead
market?
2. How many MWs did the CA ISO procure during each hour during the Summer
2000?  How does this compare with CA ISO procurement during 1999?
3. Has PG&E changed its bidding behavior associated with its Hydro facilities
in 2000?
3. Are there baseload facilities that were operated differently in 2000 than
in 1999?
4. Were any generation plants off-line due to unplanned maintenance during
Summer 2000?
5. How did the CA ISO demand side program work?  Why didn't more load
participate?
6. What options did SDG&E have to "hedge" its retail rates?  What were prices
in the CAL PX block forward market on Jan 15, 2000 and May 15, 2000?
7. How high did natural gas prices go in California for generation during
Summer 2000?
8. Were other Western power markets prices higher (year-on-year)?
9. Did the CA ISO Board face political pressure to reduce bid caps?  Is this
appropriate for a FERC jurisdictional entity?
10. What specific details is SDG&E referring to in its Complaint on
"unworkably competitive" CA ISO markets?  Can these be fixed "quickly"?

Please add other questions.

Jim


Becky,

We proably need to meet for a few minutes to explain the way
I estimated charges.

Vince

Becky Pham
01/16/2001 01:47 PM
To: Shirley Crenshaw/HOU/ECT@ECT
cc: Vince J Kaminski/HOU/ECT@ECT
Subject: Allocation schedule

Shirley,

Will you check with Vince on the support schedule for me?  I need to get the
support to the BUs in order to get them to agree on the 2001 billing.  If you
have any questions, call me.  Thanx.
---------------------- Forwarded by Becky Pham/HOU/ECT on 01/16/2001 01:49 PM
---------------------------

Becky Pham
01/02/2001 11:12 AM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Allocation schedule

We spoke prior to the holiday and you were working on a list on support names
and projects that Research is working on for various BUs.  Can you tell me
how you are doing on that?  Sarah Brown, my manager, had a meeting with Corp
and they are disputing the billing we are proposing to bill to them ($1.9M).
Their argument is that they are going to bill ENA back anyway; therefore,
they have agreed to take 40% of the amount we intented to bill them in 2001,
which is approximately $760K.  If you have any questions, please call.  Thanx.


---------------------- Forwarded by Richard Shapiro/NA/Enron on 01/26/2001
11:19 AM ---------------------------

ALLISON NAVIN
01/26/2001 09:48 AM
To: Richard Shapiro/NA/Enron@Enron
cc: Lora Sullivan/Corp/Enron@ENRON

Subject: Senate Energy Hearing Witness

Rick - In case you didn't receive this, here is the e-mail that Cynthia sent
yesterday about next week's Senate Energy and Natural Resources Committee
hearing.  It will be held on Wednesday, January 31 at 9:30 a.m. in 216 Hart
Senate Office Building and will most likely continue for a second day, to be
determined.  Let us know if you need anything else.  Thanks.

	Cynthia Sandherr
	01/25/2001 05:30 PM

		 To: Steven J Kean/NA/Enron@Enron
		 cc: Richard Shapiro/NA/Enron@Enron, James D Steffes/NA/Enron@Enron, Linda
Robertson/NA/Enron@ENRON, Tom Briggs/NA/Enron@Enron, Joe
Hartsoe/Corp/Enron@ENRON, Mark Palmer/Corp/Enron@ENRON
		 Subject: Senate Energy Hearing Witness

Steve:  I ran into Senate Energy Committee Chief of Staff Andrew Lundquist
who advised me that Chairman Murkowski (R-AK) sent a letter directly to Ken
Lay asking him or his designee (you?)( Jeff Skilling?)  to testify at the
January 31st Senate Energy Committee hearing on the California situation.  As
reported earlier, Secretary Abraham and FERC Chairman Hebert will be
testifying at the beginning of the hearing.  Enron would be asked to join a
panel of eight which includes invited witnesses of:  SoCalEd, PG&E, SMUD,
LAWDP, Calpine, Williams and Reliant.  Should Enron accept, EPSA would have
four witnesses on this panel of eight.

When I spoke to Andrew, he said the Committee was more interested in hearing
Enron's testimony on markets, long term contracts, risk management, etc.
than the generation and new power plant construction viewpoints likely to be
offered by the other EPSA witnesses.  He believes this will complement what
the Administration witnesses will say.  Believe it or not, recently, Chairman
Murkowski has made some progress in moving towards supporting Enron's open
access electricity  transmission position, although his draft legislation is
silent on this issue.  Our testimony on the importance of open access for
reliability purposes ("reliability" would be the tie-in to discuss this issue
in relation to the draft legislation) plus on the need for consistency with
the other existing open access provisions in the Murkowski draft bill  could
provide an excellent platform for Enron to inform many Congressional members
about California, markets and deregulation needs (the Murkowski draft bill
was sent to you earlier and is to be introduced February 5th or 6th.)

Steve, earlier you had asked for the opportunity to do a Hill staff briefing
on California to reach a larger audience with our messages.  I believe this
would provide an excellent opportunity to achieve this goal.  If you would
like, either at a breakfast prior to or in the afternoon after, we could also
do a Press Club briefing and/or arrange to have a room on the Hill (perhaps
on the House side) to invite staffers for additional briefings (and include
the other EPSA witnesses.)

In the alternative, if this hearing date does not work in your schedule,  the
other EPSA witnesses could make some of our points for us.  However, these
points might be somewhat diluted given these witnesses' other priorities.  As
always, you (Jeff and Ken) make a fabulous witness.

Please advise.  (This hearing will be covered extensively by the Press.)


Dear Kay,
Attached you will find the Proposed Litigation Budget for City of Coconut
Creek vs. City of Deerfield Beach/Enron.
If you are unable to open  the attachment please let me know.
Thank you,
Karen Waters
(954)468-1763
Assistant to Paul D. D'Arelli
and Catherine Maus

_______________________________________________________________
The information contained in this transmission may contain
privileged and confidential information.  It is intended only
for the use of the person(s) named above. If you are not the
intended recipient,  you are hereby notified that any review,
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communication is strictly prohibited. If you are not the
intended recipient, please contact the sender by reply email
and destroy all copies of the original message.

To reply to our email administrator directly, please send an
email to postmaster@gtlaw.com.
 <<08102001.TIF>>


Vickie gave me an open season notice on Transco's Momentum Expansion
Project.  Bids are due Thursday, Sep 29th.  Momentum is expected to be in
service by 5/1/2003.

Shippers can elect the following receipt points, St 65, St 85, or Destin.
The primary delivery point is St 165.  The minimum term is 15 years.  I will
still be here doing transport.


PLEASE MAKE SURE YOU ARE COMPLETELY PACKED BY 3:00 PM.  THE MOVE TEAM WILL BE ON THE FLOOR BY 3:00 PM.

ALSO:

1. EMPTY VOICEMAIL
2. TAKE HOME LAPTOPS AND PALM PILOTS, IPAQ'S OR BLACKBERRY'S
3. TO BE HERE AT LEAST ONE HOUR PRIOR TO YOUR NORMAL TIME ON MONDAY MORNING.  THE FLOOR WILL BE OPEN BY 5:00 AM
4.  PACK HEADSETS. (BOX,  BLACK WIRE TO EARPIECE AND BLACK CORD THAT CONNECTS UNDER DESK) ONLY LEAVE GRAY WIRES

LET ME KNOW IF THERE IS ANY QUESTIONS  OR IF YOU NEED ANY HELP
Ina Rangel
Administrative Coordinator
Enron North America
713-853-7257 Voice
713-646-3604 Fax


-----Original Message-----
From: 	Jamie_K_Schnorf@fpl.com@ENRON   On Behalf Of Jamie_K_Schnorf@fpl.com
Sent:	Friday, January 18, 2002 9:58 AM
To:	Art_R_Morris@fpl.com; Spraggins, Gary; Adams, Jean; Linhart, Joe; Michael_Jessop@fpl.com; Janzen, Randy; Ronald_Scheirer@fpl.com; TransOKnoms@enogex.com
Cc:	Forbish, Sherry; Greaney, Chris
Subject:	Lamar Nomination

Holiday weekend Nominations:  Saturday - Tuesday

_

Attached is the NNG Lamar burn schedule for January 19-22, 2002.  At this
time we plan on  50,000.

Thanks

Jamie Schnorf - FPL
561-625-7032

(See attached file: NNG LAMAR NOMNATION.xls)
 - NNG LAMAR NOMNATION.xls


The following items were discussed in this week's ETS and Corporate Change Control Item...

Oct. 21
From 10:00 a.m. - 2:00 p.m., the Unix team will perform maintenance and reboot app server emerald.  The following applications will be affected:  CAS, ERP/TRV, IZZIE, SIEBEL, WEBMODAL, Commodity Logic.  No impact to ETS users is expected.

Oct. 27
From 4:00 - 8:00 p.m., Trizechan Properties has scheduled a shutdown of all electrical service at 3 Allen Center.  Enron Network Services will power down the 3AC network infrastructure between 3:30-4:00.  There will be no network access during the electrical maintenance and the outage will continue until ENS is able to power up all of the networking devices.  If you need access to 3AC anytime that Saturday, you will need to contact Trizechan Properties beforehand with your security information.  Anyone to attempts to enter the building on Saturday that is not on the list will be denied access.

ETS Solution Center - Houston, at 713-345-4745
ETS Solution Center - Omaha, at 402-398-7454