Steve:

As we discussed, I have attached a substantial redraft of the description of
the invention for the EOL business method patent.  The attached is a clean
version; while you can run a redline, I am not sure how much use it will be,
since such large portions of the text have been moved around.  This only
covers that portion of the patent up to the illustrative example of
Clickpaper.com.

The attached description is the result of comments by several reviewers;
there is general agreement that your drafts were technically correct, and
that they incorporated all of the significant elements of the invention.
However, there was some sentiment that the description was not very
"readable."  I have reviewed your drafts and my changes again just before
sending this out, and I am pretty confident that none of my changes are
substantive; however, there are some organizational changes and a lot of
changes that try to explain the reasoning behind some of the elements of the
invention.

In the interest of time, I am circulating this to the commercial team at the
same time that I am sending it to you.  After you and they have had a chance
to review it, we can convene a meeting with the inventors to wrap the
application up.  As Peter Mims may have mentioned to you, we are in a bit of
a time crunch because Louise Kitchen, one of the inventors, will be out on
maternity leave in early May.  What is worse, I am on vacation until early
May, leaving tomorrow morning.  However, I am available by phone and e-mail,
and we can speak if we need to in order to move this along.

I suggest that we exchange e-mails or voicemails about next steps after you
have had a chance to take a look at this.

With respect to the claims, in the ENR100/4-15 document, we have the
following comments.  I suspect that our comments come from a basic
misunderstanding or lack of knowledge about how claims are actually drafted,
and how they actually are supposed to work, and there is probably a very good
reason that you constructed them the way you did; therefore, I have included
our comments for what they are worth.

Claim 1, line 17:  We don't think we use computer software to evaluate credit
risk; our credit department determines credit headroom through procedures
completely independent of the website.  However, this system does monitor
headroom.

Claim 1, line 24:  Does someone get around this claim simply by charging a
commission?

Claim 10:  Why should we limit claim 7 to specific products?

With respect to the claims in the ENR100/4-17 document, we have the following
comments:

Our biggest concern here is that these claims potentially describe a system
that was in operation before EnronOnline was launched -- something called
NGX, according to Dave Forster.  It provided a dedicated connectino (not
internet based) -- but companies could put in bids and offers on a variet of
products.  The transactions were alwasy with NGX, which more or less cleared
deals for a fee.  According to Dave:

 Claim 2 could describe NGX.

 In Claim 3, the use of the terms "stack maanger software" is the only way we
can differentiate claim 3 from NGX

 However, claim 4 is unique to EOL

 Claim 6, we would say "completion of a hedging transaction"

 Claim 13 -- looks like NGX

 Claims 14, 15 and 16 -- lots of other sites have credit limits

 Claim 17 -- really says nothing , but claims 17, 18 and 19 together describe
the contracting process

 Claim 20 to 24 really describe collectively the engine for creating a new
product

 Claim 25 and 26 -- nothing novel in these two

 Claim 28 -- nothing novel

 claim 29 -- nothing novel

 claim 34 -- could do that on NGX

 claim 44 -- first line is NGX

 claim 45 -- not sure what the second paragraph accomplishes

 claim 49 -- can someone avoid this patent by charging a commission?

 claim 50 -- I don't think Clickpaper is actually using hubs -- not sure if
this is valuable

 claim 51 -- this is just a description of a contract

 claim 55 -- everyone does this

 claim 56 through 58 -- lots of people have been doing this for years

Again, these comments to the claims are included here only for what they are
worth; I suspect our comments come from a lack of understanding about how
they should be constructed for maximum effect.

Enron North America Corp.
1400 Smith Street EB 3893
Houston Texas 77002
Phone:  (713) 853-1575
Fax: (713) 646-3490


Mike, let's discuss.  Thanks. Lynn

 -----Original Message-----
From: 	Bodnar, Michael
Sent:	Tuesday, September 25, 2001 3:27 PM
To:	Johanson, Tim; Neville, Sue; Miller, Kent; Blair, Lynn
Cc:	Fowler, Bill; Stevens, Bob; Neubauer, Dave
Subject:	RE: US Energy/LS Power storage allocation issue

I want to clarify the problem. In researching the problem I found that the rate retrieved for PnR was slightly higher than the rate retrieved for FDD Overrun. In our discussions with Bill Anderson, we focused  on how this impacted the contract he asked us to review. Bottom line is in storage allocations, the LSP -Whitewater overrun activity should have received a greater portion of the available injection capacity.
The IT group is correcting the problem. The 7.61 cent PnR rate will be hard coded in the allocation program this afternoon as interim fix until the proper system modifications are ready.

 -----Original Message-----
From: 	Johanson, Tim
Sent:	Tuesday, September 25, 2001 9:53 AM
To:	Neville, Sue; Miller, Kent; Blair, Lynn
Cc:	Bodnar, Michael; Fowler, Bill; Stevens, Bob; Neubauer, Dave
Subject:	US Energy/LS Power storage allocation issue
Importance:	High

Hello,

Mike Bodnar and I called Bill Anderson at US Energy today regarding his complaints about the storage allocation process.  Bill has claimed that LS Power is being allocated down to zero on days when he should be receiving a pro-rata share of the overrun injections on any given day throughout the summer.

Mike found out that LS Power - Whitewater was being incorrectly allocated down to zero on certain days throughout the summer due to the system pointing to an incorrect (discounted) overrun rate for the storage account of LS Power - Whitewater.  LS Power was being charged the full, non-discounted overrun rate on their FDD contract.

US Energy will undoubtedly want to negotiate a settlement of some sort, since they believe this has been an issue since 6/1/01.

I believe we need to do the following:

1 - Determine if the other LS Power plant (Cottage Grove) was also affected by this system error.
2 - Determine the date that the incorrect rate took affect.
3 - Determine how LS Power overrun injections throughout this summer were affected by this, since 6/1/01.
4 - Determine a fair and equitable solution to this issue (as of 6/1/01) to present to the customer within three weeks.

I will set up a video meeting as soon as possible with regards to this issue.

Tim Johanson


Daren - was there a deal for 5.000 at CP&L on Feb. 21?  CP&L shows 5.000, but I have looked in MOPS and there is not a deal.  Can you verify whether or not there was a deal for that day?  Thanks.

Aimee

---------------------- Forwarded by Aimee Lannou/HOU/ECT on 03/20/2001 01:39 PM ---------------------------

Rebecca Griffin@ENRON
03/20/2001 01:18 PM
To:	Aimee Lannou/HOU/ECT@ECT
cc:
Subject:	Central Power & Light

Aimee,

I received a call from CP&L about the February 2001 production invoice.  They are showing 5,000 mmbtu on February 21 for HPL.  We are not showing anything for HPL on that day.  Could you verify if this is correct?

Thanks for your help.

Rebecca


Jay, thanks for the donation and commitment.  the check should be made out to
JDF.  We'll do all the matching.
Hope all is well.
mike

Jay Fitzgerald
10/24/2000 10:44 AM
To: Mike McConnell/HOU/ECT@ECT
cc:
Subject: JDF

Mike-

I received your letter about the JDF just last week, although it was dated
September 29th.  I would be proud to donate to this cause.  I have commited
$200 to others for this already, so I will commit $300 to you.  I appreciate
all of your help with my various fundraising activities, and am happy to help
with yours.

All the best,

Jay


Well, hell, I forgot the attachment!  Here it is........


FYI
---------------------- Forwarded by Andrea Calo/SA/Enron on 07/25/2000 04:55
PM ---------------------------

Sami Arap
07/25/2000 11:52 AM
To: Andrea Calo/SA/Enron@Enron, Fabian Valle/SA/Enron@Enron
cc: Luiz Watanabe/SA/Enron@Enron
Subject: Workload Responsibiities in Argentina

Andrea and Fabian;

Over the past few days, Randy Young, Mike Guerriero and I discussed the
proper manner to have the both of you working as an integrated legal team in
Argentina.  According to Mike, the below listed activities are being pursued
in Argentina:

Wholesale Origination
Retail Origination
EES
EnronOnline
Power Trading
Gas Trading
Weather Derivatives
Energy Finance
Networks

Although I would be comfortable to leave the workload division up to you, I
would like to suggest the following (bearing in mind that there is never a
clear understanding about "where you draw the line"):

Andrea:  Wholesale and Retail Origination; EnronOnLine; Power and Gas
Trading; Weather Derivatives; Energy Finance.
Fabian: Wholesale and Retail Origination; EES; Energy Finance.

Please correct me if I am wrong, but it seems to me that there is not a
significant difference between Wholesale and Retail Origination deals in
Argentina.  In view of this, I would suggest the two of you assist all
Origination deals (regardless of being a Wholesale or a Retail deal).  Also,
both of you should be involved in Energy Finance as I believe such deals
would arise from Wholesale and Retail Origination transactions.  In short,
both of you would do legal support to "Origination", however, Andrea would
focus on Trading and Fabian would concentrate in EES type of deals.

In addition, Fabian would manage Luiz Watanabe's workload in Argentina, but I
would leave this to Luiz to structure and implement.

Kindly let me know if my thoughts make sense to you and please return to me
with your comments asap.

I have not made any reference to "Networks" as I have no idea what it relates
to ...  Is this related to Enron Communication ?

As a final note, please be advised that our baby should arrive on Thursday,
July 23.  As of such date, I will be available by e-mail and cel phone only.

Rgds,

Sami


I will be revising the Capacity Release and Agreement and the existing
Trailblazer Assignment that Huber currently has to reflect the Transaction
just completed today.

Mark,  you probably should make Huber aware of this if they are not already
so.  Thanks.

	Chris Meyer
	12/13/2000 04:41 PM

		 To: Gerald Nemec/HOU/ECT@ECT
		 cc: Mark Whitt/NA/Enron@Enron
		 Subject: Trailblazer Open Season

Gerald - I forgot to include you on the cc:  Also, do we need to draft the
assignment of P.A. with Huber?

chris

---------------------- Forwarded by Chris Meyer/HOU/ECT on 12/13/2000 04:40
PM ---------------------------

	From:  Chris Meyer                           12/13/2000 04:22 PM

To: Jean Mrha/NA/Enron@Enron, Julie A Gomez/HOU/ECT@ECT, Mark
Whitt/NA/Enron@Enron, Jim Coffey/HOU/ECT@ECT
cc: Stephanie Miller/Corp/Enron@ENRON, Rebecca W Cantrell/HOU/ECT@ECT
Subject: Trailblazer Open Season

As of 4:00 p.m. today, the ENA executed Precedent Agreements have been
delivered to Trailblazer.

Trailblazer still has outstanding P.A.'s , but expect delivery tomorrow.
Their current schedule is to send the filing to FERC on Friday with the
actual filing date on Monday, December 18th.  Should Trailblazer not meet
this time frame, I would suggest that the matter be taken up at higher levels
in the organization (i.e. Julie call Deb).

I'll follow-up on Monday.

chris
x31666


---------------------- Forwarded by Sally Beck/HOU/ECT on 01/06/2000 04:22 PM
---------------------------

Kathryn Corbally@ENRON
01/05/2000 07:52 PM
To: Sally Beck/HOU/ECT@ECT
cc:
Subject: Houston Analyst North America Presentation

Sally, Attached are two draft slides that we wish to include in the analyst
presentation. I am hoping that you will be able to coordinate the extraction
of the data necessary to complete the slides.

The slides are basically maps of our power and gas operations but surrounded
with some hard data on particular aspects of the business to demonstrate our
scope and size. I would suggest that the maps are printed out and you will
then easily see the data we require and the format we wish to use to present
it. However , in summary the information needed is:

GAS
Storage Capability, Leased and Owned
Number of Counterparties - 1997, 1998, 1999
Contract type by customer in  %  - I have segregated by Industrials, LDCs,
and Other, but I am open for  better suggestions
Transport contracts - bcf/d - firm and Interruptible,
Term of contracts  - I suggested ,<1 year,< 10years, >10years  but again am
open for more appropriate terms
Peak daily deliveries - Btue/d - 1997, 1998, 1999

POWER
Contract type by customer in  %  - I have segregated by Marketers, Utilities
and Other, but I am open for  better suggestions
Term of contracts  - I suggested ,<1 year,< 10years, >10years  but again am
open for more appropriate terms
Number of counterparties -1996,1997, 1998, 1999

If there is data that you or your team believe is more appropriate to
demonstrate our activities in these markets please let me know. I will be
very grateful for such additional material and information .

As always our timeline is tight and would therefore appreciate the data by
close of business Friday.
Let me know how this works
Thank you,
Kathryn
---------------------- Forwarded by Kathryn Corbally/Corp/Enron on 01/05/2000
07:31 PM ---------------------------

Michael Darnall
01/05/2000 07:11 PM
To: Kathryn Corbally/Corp/Enron@ENRON
cc:

Subject:


FYI.  What do you think?
----- Forwarded by Jeffrey A Shankman/HOU/ECT on 01/29/2001 12:39 PM -----

	A G Gelotti@ENRON_DEVELOPMENT
	01/29/2001 06:31 AM

		 To: Jeffrey A Shankman@ECT
		 cc:
		 Subject: Your Consideration Appreciated

Jeff:
I believe you are aware the MetGas project has been suspended indefinitely,
primarily due to the negative impact and uncertainty caused by the problems
Dabhol Power is currently experiencing.  Enron  has suspended work to close
project financing and we have significantly reduced the MetGas staff.  The
Team will focus on completing the acquisition of all major permits and
clearances over the next few weeks.  The go forward plan is to either package
MetGas "as is" and sell it off or use it as leverage in the negotiation of
the DPC workout with the Indian government.

I will be relocating from India back to Houston  in the near future.  In
anticipation of this relocation I am exploring possible job opportunities
within the Enron family of companies.

I believe I can add value to your team's efforts in developing the LNG
projects in both Venezuela and the Bahamas.  I have experience related to
both projects and I can hit the ground running.   In addition, I bring prior
ECT experience and success as a deal maker / originator, extensive experience
in LNG including the development of production facilities, regasification and
related harbour facilities and experience negotiating LNG Sale & Purchase
Agreements as both a buyer or seller. Coupled to this experience is my
knowledge of what it takes to structure assets and the pertinent commercial
documents such that the asset can be project financed.  I am confident I can
be of help and add value to your Western hemisphere LNG Team.

I would appreciate you taking the time to review my resume and keeping me in
mind when looking to fill any current or future positions.

Thanks...


I suggest you, Steve, and I make time on the p.m. of the 13th, or the a.m. of
the 14th, to discuss.  thanks for the note.   mcs

From: Mike Dahlke@ENRON_DEVELOPMENT on 05/03/2001 06:55 CST
To: Mark Schroeder@ECT
cc: Steven J Kean/NA/Enron@Enron

Subject: update

Mark,

I want to give you a rundown on what has happened since we spoke nearly 3
weeks ago.

Dan Leff spoke with me this past Friday (March 2).  We had a pleasant
conversation that lasted about 20 minutes.  His suggestion was to speak with
Mark Muller, who he described as the EES "corporate development person".
Dan said he would leave Mark a voice mail message to make him aware of our
conversation.  In turn, I sent Mark a short note with my resume' and will
call him Monday when he is scheduled to return to Houston.  Oddly, I received
a voice-mail from EES Human Resources.  The caller indicated that she was
following up on my discussion with Dick Leibert.. The message from HR was
that   "currently there is no fit within Dan Leff's <organization>" based on
Dick's discussions with unnamed individuals.

Dam also felt I should talk to Lou Pai regarding Xelerator.  I wrote Lou
about 2 weeks ago but have not received any response for my request for a
meeting.  Dan suggested that I try calling but admitted that Lou responds in
his own time.

Steve felt that Sarah Davis, who is responsible for "repositioning" in HR,
would have a feel for Lou's organizational needs as well as other Enron
groups.  When I met with Sarah a week ago Friday, she said she had been
trying without success to talk with Lou.  Sarah and I reviewed my contacts in
Enron to date, which I subsequently provided her in writing.  She felt that
the groups were those that she would suggest and that in most cases the
people were appropriate as well.  Sarah was unable to keep our follow-up
appointment on Wednesday and I do not have any suggestions from her yet for
alternative contacts.  It appears she will be out of town this week and my
request to reschedule the follow-up meeting is pending.

In summary, the frustration and concern I expressed during our recent
conversations has continued.   My understanding is that you plan to be in
Houston next week and I would like to schedule some time to discuss a
resolution of my situation.

Thanks for your help and support.

Mike D.


Mike Swerzbin says this deal is good - he's got it in his trade log as
Natsource. ???

Kate

Kerri Thompson@ENRON
01/10/2001 02:06 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: natsource

493987, is not there deal


F.Y.I.

Business World: How California Turned Out the Lights
By Holman W. Jenkins Jr.

08/30/2000
The Wall Street Journal
A27
(Copyright (c) 2000, Dow Jones & Company, Inc.)

Back in the 1970s, National Lampoon proposed a solution for inflation: pay
people less in salaries and wages, and
charge less for things in stores.

Now the state of California has seized upon the identical solution for its
electricity woes. By fiat, it has lowered the
price that utilities are legally allowed to pay for bulk electricity, and
also lowered the price they are allowed to
charge for the same electricity to their end users.

Wow, we wish someone had hit upon this approach before. Rents too expensive?
Make apartment owners put us
up for free. Medical bills a nuisance? Require doctors and hospitals to work
for nothing.

Almost any inconvenience can, in theory, be solved by passing a law
compelling others to do what we want. If any
state is well situated to make this its comprehensive approach to governing,
it's California -- being a state in close
geographical proximity to North Korea.

Because each year the graduate schools release another class of educated
professionals into the readership, we
probably need to emphasize why the National Lampoon solution wouldn't work:
Lowering the price of electricity
creates an incentive for consumers to consume more. At the same time,
lowering the price creates an incentive for
producers to produce less.

Now, for extra credit: Whose idea of a solution is this?

California's politicians, most notably State Sen. Steve Peace, have
calculated, undoubtedly to a pointillistic degree,
that any blame for blackouts will naturally accrue first to the utilities --
because a blackout is an urgent problem
demanding an urgent solution. Meanwhile, higher prices are something
consumers can resent at their leisure, even
unto November, and thus would be more likely to take out on elected
officials.

Electricity makes an interesting challenge for deregulators, one we've been
fumbling heroically. Electricity cannot be
stored, except at ridiculous expense. Ever try to run your house on
batteries?

A second quality is that demand is highly variable, fluctuating by 100% in a
day, and often nearly as much
seasonally (as measured peak to peak). To meet the highest demand, a utility
might easily find itself having to keep
an entire generating facility on hand that it would only fire up a couple
times a year. A peak plant -- the one that
stands between customers and a blackout -- runs only about 200 hours
annually. That's a large capital good that
sits idle 357 days out of 365.

A third quality is that electricity doesn't travel well over long distances,
though technologists are working on this.
But thanks to the efforts of the New Yorker and other publications scaring
people about the unproven health risks of
power lines, try building a new set of lines across anybody's neighborhood
anyway.

These are all reasons why, in the past, it was deemed efficient to produce
and distribute power within one company
over a large geographic area.

"Monopoly" is a bad word when used by a newspaper but not when used by an
economist. It wasn't monopoly that
led utilities to build expensive nuclear plants in the 1970s and 1980s. It
was "cost-plus" rate regulation. In other
words, any utility, as long as it could get a regulator's approval, was
guaranteed to collect its construction costs
and an operating profit on any plant it built.

Is this a good way to encourage the building of expensive power plants,
enough so that there would always be
sufficient power to go around even on peak days? Yes.

Result: To this day we have a system that in no way induces consumers to be
rational in their usage. Looking
around, your columnist right now is running a fan, two computers and umpty
lights, most of which he could turn off
with no impact on his comfort and productivity. In fact, the stereo has been
switched on but turned down to zero
since last Friday. But why get off the couch to shut it off?

The sensitive, new age solution: Reward utilities not for how much they
invest in construction but how efficiently
they meet demand -- which, in the first instance, would mean incentives for
consumers to rationalize their usage.

The rough-and-ready solution: Free utilities to sock their customers with
whatever prices they want, and let
customers fight back by turning off lights or seeking out alternatives (which
exist aplenty if you look hard enough).

But California and other states have opted for a bonehead-with-a-drawing
board solution: They call it deregulation but
the scheme seems to have been designed with the idea that consumers still
shouldn't know how much electricity
costs from one moment to the next.

Utilities were more or less forcibly stripped of their generation role: Now
they would be middlemen, buying power on
the open market. The problems with this approach range from a shortage of
transmission capacity to the greatly
magnified difficulty of preventing grid overloads and other nasty physical
effects when the generating plants and the
grid aren't under the same control.

Even under deregulation, of course, utilities still have an obligation to
meet peak demand. But, effectively, it's farmed
out to the market, and if the power isn't there, it isn't there. And
California has made sure it won't be there in the
future by slamming down price controls.

Maybe it's time we retired the word "market" altogether from the policy
debate, since it's become one of those
conjuring words that justifies everything and has ceased to mean anything. A
modern economy creates or negates
markets as it needs to: The real underpinning is property rights and freedom
of contract. Would we tell GM to stop
making engines and buy them on the open market? No, because we assume that GM
has every incentive to make
the most efficient decision itself. Yet government planners have decided,
based on no evidence, that the age-old
vertical efficiencies in the electricity business simply don't exist.

By whatever route, California's solution is to allow utilities with the skill
and experience to run integrated power
distribution networks to get on with the job -- without either the old
guarantees or the old heavy-handed restrictions
on their freedom to price. Utilities can judge for themselves how much of
their demand to contract out to
independent suppliers.

Undoubtedly there would be a need for residual regulation to protect the most
vulnerable consumers and make sure
universal service is available to all. But that would be far less intrusive
than the "deregulation" they've been
practicing in California -- and that's now unraveling in California,
discrediting the idea of a more market-based
electrical system.

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


Andrew Lewis
3131 Timmons Ln
Apt. 1010
Houston, TX 77027


Attached is the bilateral form of CA.


Dave Delainey said he thought EES is your favorite operating company.  Is that true?

Dick Rusk


---------------------- Forwarded by Kay Mann/Corp/Enron on 04/23/2001 10:36
AM ---------------------------

"PARKER, Isabel" <isabel.parker@freshfields.com> on 04/23/2001 10:22:13 AM
To: "Carolyn Campbell (E-mail)" <CCampbell@KSLAW.com>, "Kay Mann (E-mail)"
<kay.mann@enron.com>
cc: "Rick Vicens (E-mail)" <rvicens@deltapower.com>, "Gregory F. Lang
(E-mail)" <gregorylang@paulhastings.com>, "John Staikos (E-mail)"
<johnstaikos@paulhastings.com>, "John Tisdale (E-mail)"
<jtisdale@jhancock.com>, "Jack Wallace (E-mail)" <jwallace@jhancock.com>,
"John Anderson (E-mail)" <jcsanderson@jhancock.com>, "O'BRIEN, Lisa"
<lisa.obrien@freshfields.com>, "BURKE, Ted (TDB)"
<ted.burke@freshfields.com>, "VAN DUSEN, Nicholas"
<nicholas.vandusen@freshfields.com>

Subject: Pegasus - ENA documents

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

Carolyn

We attach the following:

(a) a clean and blacklined copy of the ENA Consent, reflecting changes to
the credit documentation;
(b) a mark-up of the "no objection to forms" letter to be executed by ENA;
(c) a draft letter from the purchasers under the Note Purchase Agreement
setting out the actions to be taken by ENA post funding and agreeing not to
issue entitlement orders in respect of their security interest in the Escrow
Account if these actions are completed.

We would be grateful if you could confirm whether Citibank had any comments
on the Escrow Agreement, and whether the account will be set up for
Wednesday's funding.

Kind regards
Isabel

 - NY003701393.DOC
 - ENA LTR TO DELTA LENDER RE FORM OF AGMT1DOC.DOC
 - NY003699617.DOC
 - COMPARE001.DOC


Christie,

I wanted to update you on my schedule for December as you are working to
arrange some time for Vince and I to visit with the Enron leadership group.
 We had talked about the first week in December and that is good for me
through Wednesday Dec 6th.  I will be at a conference at Harvard on the 7th
and 8th.  However, the next couple of weeks are also possibilities if we
can squeeze in some time.

Thanks

John

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


We have received the executed EEI contract from this CP dated 12/12/2000.
Copies will be distributed to Legal and Credit.


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0000639675


Dear Mr. Buttrey,

Jeff received your e-mail and asked me to respond on his behalf as he is
traveling.  He would really enjoy having lunch with you on your next visit to
Houston.  Please give him a call when your plans are firm...he can be reached
at 713.853.6894.

Jeff also inquired as to what you are up to these days.  When you have a
minute, please drop him another line.

Regards,
Sherri Sera
Assistant to Jeff Skilling
713.853.5984
713.646.8381 (fax)
e-mail: sherri.sera@enron.com

Mike Buttrey <Mike_Buttrey@mhbt.com> on 03/23/2000 05:11:27 PM
To: "'Jeff Skilling'" <JSkilli@Enron.com>
cc:

Subject: West Aurora Basketball

Jeff, I don't know if you have heard, but WA won the state basketball
tournement last weekend.? I have ordered the Beacon News for last Sunday and
would be happy to make copies and send to you.? Kerkman is still the head
coach in his 24th year.? The point guard on the team is John Fowler.? John's
dad is Herman Fowler who played in 71.

Hope all is going great for you.? I know the opening of Enron Field is
keeping you busy as well as running Enron.

I need to come to Houston soon.? Would there be a time I could run by and say
hi or buy you a sandwich for lunch?

Hope to hear from you.

Mike Buttrey


FYI--Davis includes us as one of the companies he signed up. I'm only aware
of a 30-day deal with an option to extend for 5 years (option ends toward the
end of the month, as I understand it). Not aware of any other deals we've
done with DWR at this time, though others are on the table----DWR's
creditworthiness remains an issue.
Best,
Jeff

Davis announces first round of long-term power contracts
DON THOMPSON, Associated Press Writer
Monday, March 5, 2001
,2001 Associated Press
(03-05) 12:31 PST SACRAMENTO (AP) -- The state has reached 40 long-sought
long-term contracts and other agreements to keep power flowing to customers
of two financially ailing utilities, Gov. Gray Davis announced Monday.
The deals will supply an average of nearly 8,900 megawatts per year for
Southern California Edison and Pacific Gas and Electric Co. customers over
the next 10 years and let the state buy power for far less than it has been
paying on the costly spot market, Davis said in a written statement.
One megawatt is enough power for about 1,000 households.
For the first five years, the contracts provide power at an average price of
$79 per megawatt hour, about 75 percent below recent costs on the spot
electricity market, Davis said.
The price drops to an average of $61 per megawatt hour, about 80 percent
below spot prices, he said.
``These agreements are the bedrock of a long-term energy solution,'' Davis
said in remarks prepared for delivery Monday afternoon in Los Angeles. ``The
provide reliability at a reasonable price.''
Some of the contract negotiations will result in accelerated power plant
construction, adding an estimated 5,000 megawatts to the state grid within
the next two years, some by this summer, Davis said.
The contracts amount to 75 percent of the long-term deals the Davis
administration has sought under a new law that lets the state spend an
estimated $10 billion over a decade to buy power for Edison and PG&E
customers.
Davis has pitched such contracts as one way to lift California out of its
energy crisis. Negotiations have taken longer than expected, however, as his
administration and power providers haggled over how much the state should
pay.
The Davis administration wants to stop paying for power on the expensive spot
market, where desperation to keep the lights on leads to inflated prices.
On Friday, the state released another $500 million to continue making such
purchases on behalf of the state's two big cash-strapped utilities, bringing
its spending so far to some $3.2 billion since early January.
The agreements announced Monday include more than 20 power suppliers,
including electricity giants Duke Energy, Calpine, Dynegy, Enron and Reliant.
Davis declined to release details on individual contracts.
Duke Energy said it has reached a $4 billion, nine-year agreement to sell
electricity to the state.
The memorandum of understanding calls for Duke to provide 550 megawatts
starting next Jan. 1. That's enough power for roughly 550,000 households.
That amount would rise to 800 megawatts Jan. 1, 2003, enough electricity for
the equivalent of 800,000 households. The contract would continue through
2010.
``We believe long-term contracts provide the critical underpinning for a
stable electricity market and are happy the state is moving in that
direction,'' Bill Hall, head of Duke's California operations, said in a
written statement.
The state is buying about one-third of the power used by the customers of
Edison and PG&E. Both have been denied credit by suppliers who fear the
financially troubled utilities won't pay for the power.
California plans to recover those costs by issuing $10 billion in revenue
bonds in May, with the rest of that money going to finance the cheaper,
long-term power contracts.
In addition to the long-term contracts, the Department of Water Resources has
reached 11 agreements letting it buy a substantial amount of power on the
day-ahead market, cutting the state's payment of premium prices on the
real-time market, Davis said.
A Stage 1 power alert was called Monday morning with reserves threatening to
drop to 7 percent due to power plant maintenance and low electricity imports,
said Patrick Dorinson, spokesman for the Independent System Operator. The ISO
manages the state's power grid.


Just letting you know EL Paso now has another person that needs to get the
model everyday. Also, Roger has not been getting the model consistently. I
don't know if this is an email system problem or an oversight by us. Either
way it makes us look bad. Here is the new email address put it in your
address book and use it wisely:)
 kpeterso@epelectric.com, rhawki1@epelectric.com, dmilik1@epelectric.com
Thanks
Leaf


t:  please print for me.  thanks.  mhc
---------------------- Forwarded by Michelle Cash/HOU/ECT on 07/14/2000 09:06
AM ---------------------------

	Enron North America Corp.

	From:  Felecia Acevedo @ ENRON                           06/20/2000 03:56 PM

To: Michelle Cash/HOU/ECT@ECT
cc:
Subject: Responses to Energy Operations Questions

Michelle,

Here is what I have prepared for those items that were assigned to me.   I
know you will have questions so if we need to get together tomorrow that is
fine and we can review the backup data.


Market Data has recently made changes to the Reuters Kobra permissioning database.  If you no longer have access to information that you previously utilized on your Kobra application, please contact Julie Pechersky at 713 853-9225 and the data will be restored immediately.

We appreciate your assistance.

Market Data


Attached is a power point presentation of Enron's most recent polling data
for California.  Two conference calls have been scheduled if you are
interested in listening to the formal presentation, which will be given by
our pollsters at Public Opinion Strategies.

The power point is lengthy, so if you want an Executive Summary please email
me and I can send you a copy.  Thanks!

Friday, March 16th
9:00 am CST

1800-998-2462
5076693 passcode

We only have 15 lines set up, so if you are in Houston please try and come up
to the 47th floor (big conference room near govt affairs).

Monday, March 19th
4:00 pm
NO CALL IN NUMBER YET

 - enron presentation.ppt


I'll get back to you on teh plants as soon as I can.

Best,
Jeff

 -----Original Message-----
From: 	Tycholiz, Barry
Sent:	Wednesday, October 31, 2001 12:47 PM
To:	Dasovich, Jeff
Subject:	RE: DWR Power Assets

Meeting with PG&E went OK... they are unable to commit to a letter that I had sent them on swapping out some capacity, but still very much want to trade with us and would like trade access to EOL.  PROGRESS I guess....

Flights were good.. got home around 1:45 am houston time, so it was a long day...

IF you think we can get the plant names they they are have the toll on.. .that would be great.

BT

 -----Original Message-----
From: 	Dasovich, Jeff
Sent:	Wednesday, October 31, 2001 12:40 PM
To:	Tycholiz, Barry
Subject:	RE: DWR Power Assets

It was good to see you.  No thanks needed.  I'm pretty sure that I can get you the info on the plants--it's in the contracts and I'm fairly certain that we have that analysis.  How'd the meeting with PG&E go?  You get back to Houston OK?

Best,
Jeff

 -----Original Message-----
From: 	Tycholiz, Barry
Sent:	Wednesday, October 31, 2001 12:38 PM
To:	Dasovich, Jeff
Subject:	DWR Power Assets

Jeff, thanks again for attending the discussions with DWR.

Do you have any recon.... on exactly which plants DWR has the right to bring the fuel on. As Mark indicated, it was about 1/3 of their exposure, and most of that was in the south service area, but I am very interested in the actual facilities and whom used to bring fuel to them or run the units.'

There is a zero sum game on fuel... but the landscape changes depending on who buys it and how they buy it!

Any thoughts.

BT


I am finalizing the negotiation of the ISDA Master Agreement with SITA.  You
will recall that this is an ECTRIC; master NOT ENA.  SITA has (1) requested
evidence of EEFT's ability to sign for ECTRIC and (2) confirmation that "EEFT
is signing on the basis of their authority under the investment services
directive".  Would you please provide directly to SITA's lawyers as follows:

Susan Hopkinson and Sharon Lewis at Lovells in Paris:

susan.hopkinson@lovells.com
sharon.lewis@lovells.com

If you require phone or fax:

Tel:  33 1 53 67 47 47
Fax:  33 1 47 23 96 12

Please let me know when you have satisfied this request.  Thanks.  Sara


Here you go.


Ben:
I am putting together a presentation for FPL and we are going to show them
our potential development sites.  Who do I talk to to just get the different
locations?  I am trying to get a draft to Ozzie tonight.  Thanks
Ben
3-7998


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

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

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

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

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

TW fuel sales, imbalances and UAF
TW Daily Balancing Report

Please let me know if you have a conflict.

Jan Moore
X53858


---------------------- Forwarded by Mary Hain/HOU/ECT on 12/12/2000 10:07 AM
---------------------------
To: Janet R Dietrich/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, Mary
Hain/HOU/ECT@ECT, James D Steffes/NA/Enron@Enron, Richard
Shapiro/NA/Enron@Enron, Steven J Kean/NA/Enron@Enron, Maureen
McVicker/NA/Enron@Enron
cc:
Subject: Draft Talking points about California Gas market

We thought it would be good to basically give Chair Hoecker talking points
with any numbers that Enron provides.  We will visit on these later today
when the numbers are ready (before 3:00).  Comments?
---------------------- Forwarded by Christi L Nicolay/HOU/ECT on 12/12/2000
10:38 AM ---------------------------
From: Leslie Lawner@ENRON on 12/12/2000 11:56 AM
To: Christi L Nicolay/HOU/ECT@ECT, Joe Hartsoe/Corp/Enron@ENRON, Rebecca W
Cantrell/HOU/ECT@ECT, Ruth Concannon/HOU/ECT@ECT, Stephanie
Miller/Corp/Enron@ENRON, Phillip K Allen/HOU/ECT@ECT, Jane M
Tholt/HOU/ECT@ECT, Richard Shapiro/NA/Enron@Enron
cc:

Subject: Talking points about California Gas market

Here is my stab at the talking points  to be sent in to FERC along with the
gas pricing info they requested for the California markets.  Let me or
Christi know if you have any disagreements, additions, whatever.  I am
supposed to be out of here at 2:15 today, so if you have stuff to add after
that, get it to Christi.  Thanks.


congratulations!  is that in austin or houston?


Dan,

Is the attached ok with you??

Mike


Flu Shot Clinic Sponsored By Enron

When:  Tuesday, November 13, 2001
				        Time: 8:30 a.m.-10:30 a.m.
				        Where:  Enron 3WTC Office
					Who: Enron employees, spouses and domestic partners are 							welcome to participate

Please sign up, via email to Josie Jarnagin,  by Tuesday, November 6, 2001.


Per Stacy Aune concerning this issue, her understanding is that a manual
entry will be kicked out unless a cost center is entered for applicable
accounts.  If you have entries to accounts 60000000-79999999 you should
replace the profit center with a cost center for entries with a posting date
on or after 11/1/00.  Most profit centers have one or more related cost
centers assigned to them per the Standard Hierarchy Report but some do not.
If your chosen profit center does not have a related cost center let me
know.

Keep in mind that this is only for accts. 60000000-79999999 and most of those
accounts are not used by our group.  However, we do use some of the accounts
such as 62000000 Interest Income - Third Party, among others.

Cost Centers are only needed for these accounts for entries with a posting
date of 11/1/00 or later.  If you are doing 10/31/00 close entries, do them
the same as you have been.

Since we are in the middle of 10/00 close and this issue does not affect
10/31/00 entries, I will remind everyone in November to review this issue for
their entries.  Let me know if you have any questions.

Kevin

Hope Vargas
10/30/2000 06:08 PM
To: Kevin Jolly/HOU/ECT@ECT
cc: Marnie Lamb/NA/Enron@Enron
Subject: Spreadsheet for Review - New Cost Elements (60000000-79999999)

Kevin,
 Can you please coordinate this by Friday, November 10th.  We should have
profit centers set up for all of our companies, but I am not sure about cost
centers.  Please refer to the Standard Hierarchy Report.   Let me know if you
have any questions.  Thanks.

---------------------- Forwarded by Hope Vargas/HOU/ECT on 10/30/2000 07:05
PM ---------------------------

Stacey A Aune
10/30/2000 03:43 PM
To: Pam Becton/HOU/ECT@ECT, Marnie Lamb/NA/Enron@Enron, Karry
Kendall/HOU/ECT@ECT, Yvette Miroballi/HOU/ECT@ECT, Cheryl Dawes/CAL/ECT@ECT,
Todd Warwick/HOU/ECT@ECT, Faith Killen/HOU/ECT@ECT, Troy
Klussmann/HOU/ECT@ECT, Jim Pond/Corp/Enron@Enron, Jody Pierce/HOU/ECT@ECT,
Susan Helton/HOU/ECT@ECT, Sarah Brown/HOU/ECT@ECT
cc: Hope Vargas/HOU/ECT@ECT, Nadia A Rodriguez/NA/Enron@ENRON, Michael S
Galvan/HOU/ECT@ECT, Greg Whiting/Corp/Enron@ENRON, Stephen
Thatcher/Corp/Enron@Enron
Subject: Spreadsheet for Review - New Cost Elements (60000000-79999999)

As most of you may already know, beginning November 1st  (Sorry, we got this
Friday afternoon!), the 60000000-79999999 range of accounts will now require
a cost center instead of a profit center when using those accounts.  Some of
the accounts that this range includes is Interest Income/Expense, Gain/Loss
on Foreign Currency, and Gain/Losses on Disposition of Assets.

Unfortunately, the processes that are run automatically by the ISC that
eventually book to these accounts, will hit a default cost center on each
company if one is not specified.  This is very similar to the derivation
pooling profit center 12951.  The ISC is giving us the opportunity to specify
by company/account what the default cost center should be for each account.

Please review the attached spreadsheet below.  It contains a row for each
company and shows the default cost center the ISC has chosen for each account.

Please respond back to me with the following:

1)  Confirmation that you have reviewed and agree with the cost center that
has been chosen for each account on your company

    -OR-

2)  An attachment with the changes you desire the ISC to make with regards to
your default cost center by account

These changes will affect any posting date of November 1st or later.  For
those of you who have FX revalution on your companies, this change will have
an effect in October close when the FX program is run after the last workday.

I need a response from those companies with FX revalution ASAP.

For the remainder of the companies, I would like a response by Friday,
November 10th.

Thanks for your efforts in advance and sorry for the short notice,

Stacey

------------------------

Braden Sewell@ENRON
10/27/2000 01:22 PM
To: Allen W Ueckert/NA/Enron@Enron, Allison Millan/ET&S/Enron@ENRON, Amy
Spoede/HOU/ECT@ECT, Bart Myers/Corp/Enron@Enron, Chaundra
Perry/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Chris Musngi/NA/Enron@ENRON,
conniem@nepco.com, David Andrews/Corp/Enron@Enron, David
McEllin/FGT/Enron@ENRON, David Vandor/Corp/Enron@ENRON, Dawn
Derr/Corp/Enron@ENRON, Deborah Pritt/NA/Enron@ENRON, Donna
Burns/NPNG/Enron@ENRON, Elise Clark/Corp/Enron@ENRON, Igor
Miotto/SA/Enron@Enron, Je Chang/ET&S/Enron@ENRON, Jeff Smith/HOU/ECT@ECT,
Jill Erwin/HOU/ECT@ECT, Jim Davoli/Corp/Enron@ENRON, Judi
Carter/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Judy Lin/GPGFIN/Enron@ENRON,
Julia Pittman/GPGFIN/Enron@ENRON, Keith Simper/HOU/ECT@ECT, kimc@nepco.com,
Krysti Knight/HOU/ECT@ECT, Leo Paige/Enron Communications@Enron
Communications, Luis Juarros/SA/Enron@Enron, Odair Ribeiro/SA/Enron@Enron,
Pamela Rush/Corp/Enron@ENRON, Patricia Anderson/HOU/ECT@ECT, Patricia
Shannon/HOU/ECT@ECT, Patrick Dominguez/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Paula J Parrish/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Robert D
Smith/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, ronp@nepco.com, Sheila
Miller/NA/Enron@ENRON, Stephen Schwarzbach/Corp/Enron@Enron, Steve
Frazier/HOU/EES@EES, Thach C Phan/Corp/Enron@Enron, Thao
Nguyen/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Thomas Meers/GPGFIN/Enron@ENRON,
Todd Ross/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Stacey A Aune/HOU/ECT@ECT, Maya Beyhum/LON/ECT@ECT, Duane
Fritz/Corp/Enron@ENRON, Randy Parman/Corp/Enron@ENRON, Brandee
Sanborn/Corp/Enron@ENRON
Subject: Spreadsheet for Review - New Cost Elements (60000000-79999999)

I promise this is the last note about this today.

The attached spreadsheet has all the default cost centers we have loaded in
the system for the accounts listed below.  We  have made an initial attempt
to do this for you.    It is not required to use the same default cost center
for each of these accounts on a company code.  Previously when these defaults
were assigned at the profit center level, you were only allowed one default
profit center for a company code.  We are not encouraging multiple default
cost centers for these accounts, but we just want to offer the flexibility.

Please review the attached file, and forward me any changes you would like
made.  You may only need to review the fields in yellow & green.  I have
already sent you a note regarding the "No CC" fields that are in red.   We
are only entering the default cost centers for the accounts that had activity
on your company codes in year 2000.  That is why there are a lot of empty
fields you do not have to worry about.   We will continue to add and modify
the cost center defaults on an as needed basis.

Use this information to help you analyze the spreadsheet:
Accounts in black The accounts in black were already cost elements and
already had the default cost centers assigned.
Accounts in blue- The accounts in blue are the new cost elements.  If there
was an existing default cost center for a company, we have already assigned
it to    the new accounts in blue.

Yellow  We selected a default cost center from the values assigned to  the
default profit center for that company code.
Green  There was not a default profit center so we reviewed the cost centers
on that company and selected the one we thought was most appropriate.
Red  This company code did not have any cost centers.  I have already asked
you for these in a previous email.

If you make changes, please move them to a spreadsheet by themselves or make
them easy for us to identify in this spreadsheet.   Thanks again for all your
help.

Accounts posted to automatically by the system

* Already a cost element before this new process.


Our department has scheduled an offsite this afternoo and I will not be able to make lunch.  Please let me know if you reschedule and count me in.  Thanks.


Hi Robin,

Lets see how this looks...

-Brian.


Griff,

It is bidweek again.  I need to provide view only ID's to the two major
publications that post the monthly indeces.  Please email an id and password
to the following:

Dexter Steis at Natural Gas Intelligence- dexter@intelligencepress.com

Liane Kucher at Inside Ferc-  lkuch@mh.com

Bidweek is under way so it is critical that these id's are sent out asap.

Thanks for your help,

Phillip Allen


Attached please find a "revised" agenda for the meeting on Friday, March 9,
2001:

Also, for those of you going to the direct reports meeting today, there will
be sandwiches in the Confederate Room for lunch at 12:00 noon.  The drinks
will be located on the tables just outside of the meeting room.

Directions to Confederate Room:  This room is located upstairs.  From the
main entrance of The Woodlands Resort, go up the stairs, turn left, go past
the business center and it is the first room on the left.  The room is marked
"Confederate Room" and also marked "Enron Energy Services".

Should you have any questions, please do not hesitate to contact me at
X36082.


Rod,

Jim Sanders gave me a copy of the 1998 and 1999 Form 2.  I plan to make a copy for us and send the originals to Brent tomorrow.  Please let me know if this is problem.

Thanks
Sarah


Gentlemen:

Thought Don Deline's report would be of interest to you.  He plans on doing a
report daily.  The demonstrators are out in force this morning and we plan to
stay as far away from them as possible.

Joe Hillings

---------------------- Forwarded by Lora Sullivan/Corp/Enron on 11/30/99
11:53 AM ---------------------------

	From:  Chris Long                           11/29/99 08:29 PM

To: Lora Sullivan/Corp/Enron@ENRON
cc:

Subject: WTO Notes

INSIDE (AND OUTSIDE) THE WTO

 The World Trade Organization (WTO) Ministerial meeting began yesterday in
Seattle ) well, almost.  An event scheduled for Monday was delayed for four
hours because of a breach of security. The official opening will not occur
until today but the &behind the scenes8 meetings and negotiations began
Monday November 29th and will continue until December 3rd.  In reality, there
are two events going on.  One is a circus / media event taking place in the
streets of Seattle and the second is the serious trade negotiations going on
between the trade ministers of 135 countries.  There are many important
people appearing this week to include President Clinton.  Even Fiedel Castro
has been invited to speak at the University of Washington which is located
less than a mile from the WTO activities.
 The circus events in the street are designed to sever the communications
between world trade officials and the rest of the world.  While it has its
comic side, its basic aim is anything but funny.  If the true story of trade
cannot be told, the only view that the world gets of the WTO is that it is an
event not to be taken seriously.  The street events are sort of like the
shell on an egg.  They prevent you from seeing the egg itself but the shell
is not the substance of the egg.
 In an attempt to make certain the media events in the street do not succeed
as far as Halliburton is concerned, I will attempt to give you a fair and
balanced account of what is really going on for the next four days.  This is
truly an interesting ministerial round of negotiations in that even Seattle
can,t seem to get a grip on what they stand for.  They bid on and won the
right to host the WTO this year and it will mean millions in income for the
city.  There are signs along the streets welcoming the WTO.  At the same
time, the city of Seattle and the country it is located in, are heavily pro
union and they are sponsoring a huge &anti-WTO8 rally.  They have granted
permits for anti-WTO parades on busy streets during rush hours which makes
many downtown workers less than happy.  These workers then vent their
frustration against the WTO for causing the streets to be blocked.  Life in
Seattle can best be described as &schizophrenic.8
INSIDE THE WTO
 Here is the &inside Story8.  From November 30th to December 3rd, most of the
world,s trade representatives are meeting in Seattle in private.  Meetings
will not be in the open for fear of disruption.  Demonstrators then use this
fact to say the talks are secrete because they are really all about world
dominance.  The truth is that the trade ministers will be reviewing the
global trading system and attempting to insure its dynamism and
responsiveness in the years to come.  Talks actually began in Geneva earlier
this year but the formal meetings to reach agreement will be this week.
 For 50 years, the WTO ) formally known as the GATT for &General Agreement on
Tariffs and Trade8 has attempted to open world trade markets and set
predictable and stable rules for trade.  During this 50 year period, there
has been an 18 fold growth in international trade.  This was a reversal of
what is now widely recognized as disastrous policies of the 1930s when
increased trade barriers, discrimination among trading partners, and an
absence of agreed rules helped fuel the Great Depression.
 The beginning of this ministerial round finds some important issues to be
resolved in order to eliminate barriers that currently inhibit trade.  The
largest barrier is agriculture because European and Japanese farmers are
heavily subsidized so that they can compete with the United States.  The
United States Trade Representative (USTR) office listed seven other issues of
concern to be discussed and agree upon during the negotiations.  Most
important to Halliburton is the issue of services.  Our company performs
energy services all over the world but the WTO has never looked at trade
barriers in the energy services area.  The USTR representative present at the
kickoff meeting on Monday morning was asked if energy services were being
discussed in this round and she assured us that it would be a significant
part of the new negotiations.  The USTR is hopeful that this week will end
with agreements between all parties as to the issues to be resolved over the
next three years and they are confident of success.
OUTSIDE THE WTO
 A small band of demonstrators, most dressed like skeletons, animals, and
turtles, took to the streets on Sunday November 28th for a preview of things
to come.  They demonstrated in front of the GAP clothing store downtown.  (A
number of the demonstrators were seen to be wearing GAP jeans and jackets
under their skeleton suits).  They were demonstrating against GAP,s use of
&slave labor.8  Street interviews indicated that no one was to articulate
about where these slaves were.  The crowd of about 200 was well organized, if
uninformed, and moved to an abandon warehouse where they broke into the
building in order to occupy it.  Police did not attempt to eject them ) they
simply cut of the power and water to this old, concrete, damp, and cold
building.  In addition, homeless people through out Seattle were moved during
the weekend for the duration of the WTO in order to allow demonstrators the
opportunity to occupy their places on the streets.  It seems many of the
demonstrators had neglected to make reservations elsewhere.  Rain is expected
Tuesday and Wednesday which should add to the demonstrators woes.
 Seattle morning news carried a very level broadcast listing the
environmental and labor demands of the demonstrators and also relating the
fact that $42 billion in trade is done by Washington each year.  $258 million
in grain alone was sold to Japan during 1998.  Somewhere in excess of 1/3 of
Washington,s economy is based on foreign trade and they are now the third
largest trading state behind California and Texas.  This all adds to the
schizophrenia that is beginning to be known as Seattle.


Steve - when you get a chance, please take time to read David Merrill's
status report below.  Frankly, I think he is trying his best to get on top of
the EBS tasks we have given him.

HOWEVER, having said that, and before having received his report below, I was
going to write you an e-mail indicating that I am afraid we cannot continue
to keep David in this role.  I just returned from Tokyo (office opening,
meetings, etc.).  There, I saw Sanjay, who confirmed his imminent new role
for EBS Asia, Anthony Duenner (President, EBS Asia), and Bill White, head of
EBS Asia Trading.  David simply does not enjoy the confidence of his
commercial clients in EBS, and, notwithstanding my comments above about the
level of his effort, I do not see turning this around.  His problem is not
any single one thing, but a cumulation of things, which I list below, but I
think it is the totality that feeds the general view:

1)  He was probably only a decent fit with the old Enron APACHI, when it was
asset-focussed, and he could use his diplomatic experience to open doors for
projects.  Even then, he was never an "Enron" person, in terms of our
culture, and being isolated in Singapore has probably not helped to get him
inculcated in the company culture.  With EBS and Enron Asia taking a much
more "merchant" business focus, he just does not get it.

2)  Chris Hunt (APACHI), and Jim Row (ex-EBS) encoureaged him to
develop/pursue origination leads.  EBS does not want him doing that, and the
asset-focussed stuff he keeps tossing the way of the enrgy groups is grating
to them, given that they simply see him as not getting the message that the
company has moved away from  assets.

3)  Bill White tells me that he (David) has not performed well in a meeting.
It is a single data point, but Bill is also known to me from Enron Europe
days, and he is not a particularly critical person.

4)  David only exacerbates this by being insecure about his role, and trying
too hard to sell himself to the clients/customers internally, and they find
this teidous.

5)  Frankly, though it is not the only source of David's problems, I think he
was ill-served by Donald Lassere and XiXi (the associate), who I am confident
conducted what is know here as a "whispering campaign", i.e., "he does not
know what he is doing", "he is not an expert in the filed", and generally
acting like a pair of juveniles when it has come to any effort to bring a
sense of stability and order to the clients, e.g., "don't know what I am
supposed to be doing".

In any event, I simply do not see much prospect of persuading the EBS people
to give David a chance, and I think I will be doing myself no favours with
them by pushing it.  SO, either we find another role, e.g., in in Washington,
and I am nor sure they need someone with David's skill sets, or we let David
go.  Your thoughts?

In terms of supporting EBS Asia, I think the new guy I hired here in London
could do it quite capably, but all of the biz is either in Houston, or I am
told Sanjay is contemplating a move to Singapore, so, in eitheerr case, my
guy here can probably not be effective from the standpoint of being read into
the business.  From where I am, I would prefer to have someone in Singapore
or Tokyo, rather than Houston, but the people in Houston may want someone
closer to them (I frankly think it is a mistake to try to build a business in
Asia from Houston).  Sanjay mentioned the guy who is his General Counsel at
Dabhol Power Company, and I will discretely check with Jane Wilson on her
impressions (but he will not be "communications" literate/specialised).

Look forward to your ideas.   mcs
---------------------- Forwarded by Mark Schroeder/LON/ECT on 05/11/2000
10:40 ---------------------------

David Merrill@ENRON_DEVELOPMENT
05/11/2000 07:05
To: Mark Schroeder@ECT
cc:

Subject: Status Report

Mark:  Here is a status report:

I  met with Anthony Duenner Friday in Korea.   He approved expenses from
his budget for (1) some of the consulting work in Hong Kong that needs to be
done,
(2)  Korean work with a law firm to see if we can get a new decision on
bandwidth
trading,  (3) continuing expenses of the present tariff consultant in
Japan.   I have
done separate e-mails on (1) and (2), copied to you.   So that concern is
taken care of.

Everything seems to be going very well so far in the new assignment.   Thanks
for
giving me the lead.     Here is country by country status:

Korea:    I went up the learning curve a lot on the Korea trip (see sep
e-mail on the
regulatory problem we discovered and proposed strategy to deal with it).   I
now feel
very much on top of Korea.   Will go back to advance the work on overturning
the
adverse regulatory ruling.   To my mind this is exactly what a regulatory
review should
do - - identify regulatory risks before we go in.

Hong Kong:   We have identified somebody in EBS to do the system
configuration report.
I am going to go up there to advance the tariff submission that is due before
year end.

Japan:   I need to get up there and get up to speed on what the consultant is
doing on tariff and
terms and conditions.

Singapore:  I am reminding the lawyers to get a corporate entity selected so
we can
proceed with a license and tax incentive application.

Taiwan:   I will be doing a Taiwan regulatory review similar to Korea but
lower priority.
Will probably be January.   Also was approved by Duenner.   Never did find
out what his
people did there, but I will.

David


Hello Andy ,

I received your e-mail.
I would like to request memory for the printer on the
19th floor.

The printer name is Bandit.
Company number - 0011
R.C. number - 100038

                                               Thanks
                                           Kevin Moore
---------------------- Forwarded by Kevin G Moore/HOU/ECT on 05/02/2000 09:00
AM ---------------------------

Vince J Kaminski
05/02/2000 08:55 AM
To: Kevin G Moore/HOU/ECT@ECT
cc: Shirley Crenshaw/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT
Subject: Re: Memory

Kevin,

Makes sense

Vince

Kevin G Moore
05/02/2000 08:10 AM
To: Shirley Crenshaw/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Memory

Goodmorning ,

Shirley  , we are in need of a printer that will allow us to print
several  pages , none of the printers on this floor will permit
us to do that without adding memory.

I even sent the print-out to Bandit and it also needs more memory to
print these pages.
What we are printing is 189 pages.

Mike would like to print these pages , so instead of paying for
memory on someone else's printer could we add memory to
one of our own.

Please inform..........

                                             Thanks
                                          Kevin Moore

---------------------- Forwarded by Kevin G Moore/HOU/ECT on 05/02/2000 08:01
AM ---------------------------

Andy Sikes@ENRON
05/01/2000 02:41 PM
To: Kevin G Moore/HOU/ECT@ECT
cc:
Subject: Memory

Kevin - Please reply with a Company numbern and RC number to charge the cost
of the order to.  It's about $100.

Thanks, Andy
Enron IT Purchasing

---------------------- Forwarded by Andy Sikes/Corp/Enron on 05/01/2000 02:38
PM ---------------------------

Andy Sikes
05/01/2000 02:40 PM
To: Andy Sikes/Corp/Enron@Enron
cc:

Subject: Memory

---------------------- Forwarded by Andy Sikes/Corp/Enron on 05/01/2000 02:37
PM ---------------------------

Kevin G Moore@ECT
05/01/2000 11:04 AM
To: Enron IT Purchasing@Enron
cc:

Subject: Memory

 I  would like to request more memory for the printer
Blue- Sky on the 32nd floor.
The printer is a Laser Jet 8100N.
The printer is located in front of EB3240B.

We need more memory A.S.A.P

                             Thanks
                           Kevin Moore.


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http://www.daily-blessings.com/orvw.htm

Hundred's of you have taken advantage of the free download available for
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should!!

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http://www.daily-blessings.com/orcoolsavings.htm

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attachment contains overview
---------------------- Forwarded by Kay Mann/Corp/Enron on 06/01/2001 11:26
AM ---------------------------
From: Ben Jacoby/ENRON@enronXgate on 05/31/2001 04:17 PM
To: Kay Mann/Corp/Enron@Enron, Fred Mitro/ENRON@enronXgate
cc:

Subject: TECO LOI

Attached are my comments on the Midway LOI.

FYI, Duran and I spoke to Mike Carlson of TECO regarding Ft. Pierce. Dave
really wants us to push to get something done on that project. It would be
similarly styled to our Midway - TECO discussions (ENA sells the dev, asset
and takes back a 5 year toll).

Mike Carlson said he would get his lawyer to generate a LOI on Ft.Pierce, but
I think we need to get them comments back on Midway to expedite this.

Kay - have you had any luck engaging King & Spaulding on these deals?

Let's talk about these comments at your earliest convenience.

Fred - we need the term sheet on the toll, and the toll price refreshed by
the desk, as soon as possible.

Thanks,

Ben


Nice job.  In line with your letter, and in response to Wood's questionnaire about rolling the suspension date back to July 1, don't you think it is absolutely necessary to have hearings in order to establish a record prior to any decision? Wood throws around the $10 billion number in his questionnaire (ruling, whatever), without any substantiation whatsoever.  Shouldn't DWR and its rev. req. be thoroughly scrutinized in the hearing room before making a decision.  Seems logical though 1) logic has prevailed much lately and 2) I'm not a lawyer, so I could be missing the boat completely.

Best,
Jeff

-----Original Message-----
From: William Booth [mailto:wbooth@booth-law.COM]
Sent: Thursday, October 25, 2001 4:37 PM
To: 'Dorothy Rothrock'; William Booth; cra@calretailers.com;
ek@a-klaw.com; mikahl@ka-pow.com; djsmith@s-k-w.com; dhunter@s-k-w.com;
Derek Naten; 'Dominic DiMare'; Barbara R. Barkovich (E-mail); Keith
McCrea (E-mail); Dan L Carroll (E-mail)
Cc: Dasovich, Jeff; Evelyn Elsesser; Loren Kaye
Subject: RE: Reponse to Angelides

Dorothy -- Attached is a another version of the letter that takes a little
different approach.  What do you think?  I worried that your first letter
looks a little like an invitation to pile on the exit fees, of all types and
in any magnitude.  I think we need to attack the premise that any DA causes
an increase in DWR costs for other customers.  Bill

-----Original Message-----
From: Dorothy Rothrock [mailto:drothrock@cmta.net]
Sent: Monday, October 22, 2001 1:35 PM
To: wbooth@booth-law.com; cra@calretailers.com; ek@a-klaw.com;
mikahl@ka-pow.com; djsmith@s-k-w.com; dhunter@s-k-w.com; Derek Naten;
'Dominic DiMare'
Cc: Dasovich, Jeff; Evelyn Elsesser; Loren Kaye
Subject: Reponse to Angelides

Wanna sign onto this letter to Loretta? Any suggestions? We could make it a
CEA thing.

(I am copying Jeff D. as a courtesy...I think we need this to be just a
customer deal).

Dot
498-3319

This e-mail is intended solely for use of the individual to whom it is
addressed and may contain information that is privileged, confidential or
otherwise exempt from disclosure under applicable law.  If the reader of
this e-mail is not the intended recipient or the employee or agent
responsible for delivering this message to the intended recipient, you are
hereby notified that any dissemination, distribution, or copying of this
communication is strictly prohibited.  If you have received this
communication in error, please immediately notify us by replying to the
original sender of this note.  Thank You.


Ina:
1.  Vacation is fine.
2.  Please put meeting below on calendar.
3. I am going to analyst presentation at Vanderbilt.  Find out when it is and
put on calendar.
4. Can you find out who is on the ENA management committee meeting I went to
along with their title and responsibilities.
5. Can you schedule a meeting for Tuesday or Wednesday late afternoon with
Phillip, Hunter, and Fletch about EOL
Thanks.
---------------------- Forwarded by John Arnold/HOU/ECT on 08/21/2000 12:26
PM ---------------------------

	Enron North America Corp.

	From:  Airam Arteaga                           08/18/2000 05:26 PM

To: Phillip K Allen/HOU/ECT@ECT, Thomas A Martin/HOU/ECT@ECT, Scott
Neal/HOU/ECT@ECT, John Arnold/HOU/ECT@ECT, Hunter S Shively/HOU/ECT@ECT,
Sally Beck/HOU/ECT@ECT, Grant Masson/HOU/ECT@ECT, Beth Perlman/HOU/ECT@ECT,
Ted Murphy/HOU/ECT@ECT, Vladimir Gorny/HOU/ECT@ECT
cc: Rita Hennessy/NA/Enron@Enron, Cherylene R Westbrook/HOU/ECT@ECT, Patti
Thompson/HOU/ECT@ECT, Ina Rangel/HOU/ECT@ECT, Laura Harder/Corp/Enron@Enron,
Kimberly Brown/HOU/ECT@ECT
Subject: Bi-weekly Meeting

Please mark your calendars for the following Bi-Weekly Meeting, on Tuesdays,
starting on August, 29th.

  Date:  Tuesday, August 29

  Time:  3:00 pm - 4:00 pm

  Location: EB32C2

  Topic:  Var, Reporting and Resources Meeting

 If you have any questions/conflicts, please feel free to call me.

Thanks,
Rain
x.31560


FYI...

SP
---------------------- Forwarded by Stephen Plauche/Corp/Enron on 11/28/2000
12:20 PM ---------------------------

"Leo, Tony" <tleo@fce.com> on 11/27/2000 09:14:56 AM
To: "'Stephen.Plauche@enron.com'" <Stephen.Plauche@enron.com>,
"'Scott.Healy@enron.com'" <Scott.Healy@enron.com>, "'Terri.Austin@enron.com'"
<Terri.Austin@enron.com>
cc: "Levine, Ross" <rlevine@fce.com>, "Skok, Andy" <askok@fce.com>, "Bentley,
Chris" <cbentley@fce.com>, "Nock, Herb" <HNock@FCE.com>

Subject: FW: New Exhibit C

Here is the latest version of exhibit C, the fixed spec, which now includes
the correction factor discussion.  I assumed that this was sent with the
contract draft that Jackie sent to Kay later that day, but it apparently
wasn't.  Note that the message refers to a new draft of the test protocol,
which is the one I sent out on 11/22/00.

> -----Original Message-----
> From: Leo, Tony
> Sent: Sunday, November 19, 2000 8:10 PM
> To: Levine, Ross
> Cc: ''Scheib, Jacqueline Pennino' '; Bentley, Chris; Nock, Herb;
> Leitman, Jerry
> Subject: New Exhibit C
>
> Joe Debs and I had a conference call with the Enron tech folks Thursday
> night to discuss their comments on our Test Protocol.  We agreed to some
> changes which I will issue a draft of early this week.  During the call
> they pointed out that the protocol refered to Performance Correction
> factors, but that we had never established the Basis Points which those
> correction factors are meant to adjust to.  In other words the contract
> needs a place where we state that performance is based on operation at sea
> level, 60 degress, etc.  We all agreed that the fixed spec (Exhibit C) was
> a good place to put this.  I went ahead and did that, and it also occurred
> to me that this is also where our performance correction statements could
> go.  So the attached file is a new Exhibit C incorporating the site and
> basis conditions, the correction factors, and Enron's comments on the old
> short Exhibit C (delete the word "prefered" in the Stack Height section,
> and delete the word "attached" in the reference to the interface drawing).
>  <<Exhibit C Fixed Specs.doc>>

 - Exhibit C Fixed Specs.doc


Daren, Here are some monination "tweaks" due to late noms and revisions from
shippers.  I know your trying to finalise your position so just let me know
when if or when you want to work these into the system.

Four Square
Meter                     Old                              New
6599                            1549
1500                                                  Suemaur Explorations

9772                                                860
752
1568                               7                                     1
6844                            2475                              1500

C & E
Operations

Texaco                                            990                    1100

9813                             681                                  670
9708                         13746                             13035
9736                           2889                                2830

Shoreline

Yates                                                 2930
3470

6722                             30                                     570
9743                            596                                   504

Cody
6722                           7692                               7450

Cima
4126                             482                                  464
OIL & Gas Title
6114                               0                                        1

Phillips
6673                               838                                 119


I apologize for the duplication.  The previous e-mail should have come
directly from Cindy.

Thank you,
Kathy

-------------------------------

I am excited to report that we are moving forward in our HR commercialization
efforts.  As you may have read in the e-mail announcement April 3rd, the HR
community committed to Enron,s Board of Directors to commercialize at least
one of our innovative HR systems or processes.  Following is the vision for
our commercialization efforts:

? Transforming HR,s value by bringing business fundamentals to the way we
operate and developing opportunities in human performance areas

Currently, we are looking at opportunities in three main areas to realize
this vision:

? Managed services for our transactions
?  Packaging market ready systems/processes/applications
?  New market opportunities in Knowledge Management and Talent Management

Because this is such a critical factor in HR,s success, a team was assembled
to quickly analyze our commercialization opportunities and recommend go
forward actions.  This team will leverage information from HR leaders and
subject matter experts.  Everyone,s participation is vital to our success.
With full participation and support we will realize our board commitment and
truly transform HR to a business-minded entity.

You will begin receiving communication from the Commercialization team
immediately.  You will find the first request for action attached to this
e-mail. Please support the commercialization efforts with quick and
comprehensive responses.  I appreciate your cooperation and look forward to
realizing our commercialization opportunities together.

Cindy


Tana-

Please place Jane McBride on your distribution list as she will be
permanently based in Tokyo dealing with the EOL matters.

Thanks,

John

	Tana Jones@ECT
	09/18/2000 05:19 PM

		 To: Alan Aronowitz/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, Stacy E
Dickson/HOU/ECT@ECT, Leslie Hansen/HOU/ECT@ECT, Harry M Collins/HOU/ECT@ECT,
David Minns/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Marie Heard/Enron
Communications@Enron Communications, Robbi Rossi/Enron Communications@Enron
Communications, John Viverito/Corp/Enron@Enron
		 cc:
		 Subject: EOL Credit Responses 09/18/00

----- Forwarded by Tana Jones/HOU/ECT on 09/18/2000 05:19 PM -----

	Bradley Diebner
	09/18/2000 05:18 PM

		 To: Frank L Davis/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT, Tana
Jones/HOU/ECT@ECT, Samuel Schott/HOU/ECT@ECT, Sheri Thomas/HOU/ECT@ECT, Mark
Taylor/HOU/ECT@ECT, Bernice Rodriguez/HOU/ECT@ECT, Brant Reves/HOU/ECT@ECT,
Debbie R Brackett/HOU/ECT@ECT, David Hardy/LON/ECT@ECT, Lesli
Campbell/HOU/ECT@ECT, Molly Harris/HOU/ECT@ECT, Cynthia
Clark/Corp/Enron@ENRON, Mary G Gosnell/HOU/ECT@ECT, Enron Europe Global
Contracts and Facilities, Enron Europe Global CounterParty, Stephanie
Sever/HOU/ECT@ECT, Bradley Diebner/HOU/ECT@ECT, Stacey
Richardson/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT, Adnan Patel/Corp/Enron@ENRON,
Claudia Clark/HOU/ECT@ECT
		 cc:
		 Subject: EOL Credit Responses 09/18/00

The EOL approvals for 09/18/00 are attached below.

Regards,
bd


Both have been changed to CAISO energy - we have two new Real Time guys
training at the same time. Scary!

Thanks,
Kate

	From:  Sharen Cason                           03/26/2001 12:48 PM

To: Kate Symes/PDX/ECT@ECT
cc: Kimberly Hundl/Corp/Enron@Enron, Amy Smith/ENRON@enronXgate

Subject: energy type

These deals are entered with SP delivery point and firm energy type.

Thanks!

560021
560662


---------------------- Forwarded by Judy Hernandez/HOU/ECT on 10/13/2000
12:45 PM ---------------------------

Leslie Smith
10/13/2000 11:01 AM
To: Angela Barnett/HOU/ECT@ECT, Regina Blackshear/Corp/Enron@ENRON, Angela
Gill/NA/Enron@Enron, Carolyn Gilley/HOU/ECT@ECT, Judy Hernandez/HOU/ECT@ECT,
Sandra R McNichols/HOU/ECT@ECT, Eve Puckett/Corp/Enron@ENRON, Diane
Salcido/Corp/Enron@Enron, Judy Walters/HOU/ECT@ECT
cc:
Subject: Fwd: Fw: TINY ANGEL

---------------------- Forwarded by Leslie Smith/HOU/ECT on 10/13/2000 11:00
AM ---------------------------

Lisa Shoemake
10/13/2000 09:28 AM
To: Leslie Smith/HOU/ECT@ECT, Melissa Rodriguez/HOU/ECT@ECT, Amber
Limas/HOU/ECT@ECT, Amber Ebow/HOU/ECT@ECT
cc:
Subject: Fwd: Fw: TINY ANGEL

---------------------- Forwarded by Lisa Shoemake/HOU/ECT on 10/13/2000 09:31
AM ---------------------------

Shauncy Mathews
10/11/2000 10:24 AM
To: Elida Aguilar/Corp/Enron@Enron, Donna Ruff/Corp/Enron@ENRON, Eileen
Buerkert/NA/Enron@Enron, Lisa Shoemake/HOU/ECT@ECT
cc:
Subject: Fwd: Fw: TINY ANGEL

---------------------- Forwarded by Shauncy Mathews/HOU/ECT on 10/11/2000
10:23 AM ---------------------------

10/11/2000 09:50 AM
Janet Warri@ENRON
Janet Warri@ENRON
Janet Warri@ENRON
10/11/2000 09:50 AM
10/11/2000 09:50 AM
To: Shauncy Mathews/HOU/ECT@ECT
cc:
Subject: Fwd: Fw: TINY ANGEL

Janet Warri
Global Strategic Sourcing - Enron Corp.
Ph. (713) 345-6531
E-mail Janet.Warri@enron.com
----- Forwarded by Janet Warri/NA/Enron on 10/11/2000 09:50 AM -----

	"Iris Linwood" <Iris.Linwood@oag.state.tx.us>
	10/11/2000 09:43 AM

		 To: <janet.warri@enron.com>, "Vickie Clement" <C51VLC@oag.state.tx.us>,
"Cherika Morrison" <C53CAM@oag.state.tx.us>, "Edwina Orange"
<C53E1O@oag.state.tx.us>, "Hope Barnes" <C53HUB@oag.state.tx.us>, "Carolyn
Nelson" <C56CJN@oag.state.tx.us>, "Eunice Choice" <C56ELC@oag.state.tx.us>
		 cc:
		 Subject: Fwd: Fw: TINY ANGEL

Received: from iserver.ntcc.cc.tx.us ([165.95.91.153]) by
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Received: from TRIVERS ([165.95.91.140]) by iserver.ntcc.cc.tx.us with SMTP
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Message-ID: <001901c03383$44f652e0$8c5b5fa5@ntcc.cc.tx.us>
From: "Tolita Rivers" <trivers@ntcc.cc.tx.us>
To: "Vernetta Castleberry" <vcastleberry@ntcc.cc.tx.us>, "Shemetric Jones"
<sjones@ntcc.cc.tx.us>, <epeters@ntcc.cc.tx.us>, <fthomas@ntcc.cc.tx.us>,
"Harvis & Vivian Shepard" <vivhar.shepard@worldnet.att.net>, "Iris Linwood"
<Iris.Linwood@oag.state.tx.us>, "Pat Durst" <Pdurst@ntcc.cc.tx.us>, "Patricia
Chavis" <pchavis@ntcc.cc.tx.us>, "Ray Jenkins" <rjenkins@lcii.net>, "Rhonda
Hollins" <rhollins@ntcc.cc.tx.us>
Subject: Fw: TINY ANGEL
Date: Wed, 11 Oct 2000 08:00:45 -0500
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----- Original Message -----
From: Delbra Anthony <danthony@ntcc.cc.tx.us>
To: Sheila Lowery <dss@lecnet.net>; Red/Norma Simpson <Red327norma@aol.com>;
Nancy Stirl <nstir@hotmail.com>; Mindy Nobles <mnobles@ntcc.cc.tx.us>;
Earlene Walton <earlenew@hotmail.com>; Donna Griffin
<dgriffin@ntcc.cc.tx.us>; Barbara Pearson <Barbann31@aol.com>; Carla J Rice
<ricecj1@hotmail.com>; Steve Clements <clementsr1@hotmail.com>
Cc: Sheila Lowery <dss@lecnet.net>; Berna Macon
<berna.macon@twc.state.tx.us>; Donna Denton <djdenton@texramp.net>; Tami
Dobbs <tcd1476bf@hotmail.com>; Tia Jones <Mamiesfolk@aol.com>; Tiffany
Anthony <want2opr8@aol.com>; Clint & Leslie Brian <clbrian@bellsouth.net>;
Louise Henderson <LHende4940@aol.com>; Vernetta Mason
<vmason@ntcc.cc.tx.us>; Tolita Rivers <trivers@ntcc.cc.tx.us>; Sherry
Hoppock <shoppock@ntcc.cc.tx.us>; Shemetric Jones <sjones@ntcc.cc.tx.us>;
Sandra Barnwell <sbarnwell@ntcc.cc.tx.us>; Mavis Brush
<mbrush@ntcc.cc.tx.us>; Marie Skipper <mskipper@ntcc.cc.tx.us>; Karen
Andrews <kandrews@ntcc.cc.tx.us>; Fredia Thomas <fthomas@ntcc.cc.tx.us>;
Elayne Peters <epeters@ntcc.cc.tx.us>; Edie Sparks <esparks@ntcc.cc.tx.us>;
Delores Barganski <dabarganski@ntcc.cc.tx.us>; Charla Hunt
<cjhunt@ntcc.cc.tx.us>; <Janebcamp@aol.com>; Janice Allen
<jallen@ntcc.cc.tx.
Sent: Wednesday, October 11, 2000 7:42 AM
Subject: Fw: TINY ANGEL

>
>
>
 - TinyAnge.jpg


Would you please look into this and advise me as to whether we can do this.
Also, Rod Hayslett is checking with Michael Anderson on whether Wessex would
like to perform certain billing and payable functions for Enron Europe.
---------------------- Forwarded by Stanley Horton/Corp/Enron on 04/11/2001
10:53 AM ---------------------------

Danny McCarty
04/10/2001 08:47 AM
To: Stanley Horton/Corp/Enron@Enron
cc:

Subject: Wessex

Stan,
          Now that Enron owns 100% of Wessex, we need to look into whether
Enron Direct could utilize Wessex's customer data base as a new sales
channel, and whether we Wessex could farm-in Enron Direct's invoicing
services (there is certainly money to be saved and /or made here).  Matthew
Scrimshaw (President of EES-Europe) would like to explore these and other
possible synergies in the near future.  Maybe you could schedule an hour with
him when you are in the UK.

Dan


Two questions:

    1.  How do we fight the notion that a FERC retroactive determination of "just and reasonable rates" should be re-injected into the calculation of negative CTCs?  It seems to me that there are at least equitable arguments against that.  Will this be a CPUC or FERC issue?

    2.  Can we use the utilities' underscheduling to push them back on this, legally or in negotiations?   Since they contributed to the market disfunction, shouldn't they have to live with the consequences?


---------------------- Forwarded by Susan M Scott/HOU/ECT on 04/18/2000 01:13
PM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  Jeffrey C Gossett                           04/18/2000 07:26 AM

To: Burton McIntyre/HOU/ECT@ECT, Purvi Patel/HOU/ECT@ECT, Susan M
Scott/HOU/ECT@ECT
cc:
Subject: Gas Daily Float for Float deals

Can you guys book a few deals this way in the test environment.  They are
testing to see if they are able to generate an accurate confirm this way.
Thanks for your help!!!

JG
---------------------- Forwarded by Jeffrey C Gossett/HOU/ECT on 04/18/2000
07:23 AM ---------------------------

Bob Bowen
04/14/2000 01:30 PM
To: Jeffrey C Gossett/HOU/ECT@ECT
cc: Jefferson D Sorenson/HOU/ECT@ECT
Subject: Gas Daily Float for Float deals

As per our discussion of this a.m., ENA IT has a "program fix" in Stage which
will handle
the generation of confirmations for Gas Daily swaps that may be booked as two
legs in the
future.  This change effects both TAGG - Deal Capture and TAGG - Deal
Clearing.

In order to be ready for the commercial people in case they use the two
legged Gas Daily
deal, I am requesting that your Gas Daily team input maybe 20-25 deals in
TAGG - Deal
Capture using the new guidelines.  Ron Nolte has outlined below how the input
process
should be handled for these types of deals.

I will be out of the office Monday and Tuesday of next week so I am
requesting that the Gas
Daily team have these deals in by next Wednesday.

Thanks for your help.

---------------------- Forwarded by Bob Bowen/HOU/ECT on 04/14/2000 12:53 PM
---------------------------

Ron Nolte
04/06/2000 01:15 PM
To: Bob Bowen/HOU/ECT@ECT
cc:
Subject: Gas Daily Float for Float deals

Bob,

Ricky is in the process of changing TAGG Deal Clearing to be able to combine
the deal leg
containing the Nymex ( fixed )  price and the deal leg containing the Gas
Daily( float )  price onto one
confirm.

In order for this as well as the changes to the Settlement process  to work,
the following rules
must be adhered to when the deal is captured.

1) The fixed price must be entered as leg 1.
2) The float price must be entered as leg 2.

3) Leg 1 and leg 2 must be "linked" by clicking the "Link" button on the deal
capture
 window and by inserting a row as follows:

 The "Purpose" above will be listed as "Deal Link" when the picklist
displays.  The "Link" can be
 done from either leg 1 or leg 2.

 4) The  confirm can only be created/revised/viewed/printed/faxed  from leg 1.

 5) The clearing status of the deal can only be changed from leg 1.

 Please note that  any change to the status of either leg will be reflected
on the other
 leg automatically; e.g., assume a confirm is created on leg 1,  the deal
status of both
 legs will display "Generated".  Then assume someone changes leg 2 in Deal
Capture,
 the status of both legs in TAGG deal clearing will be automatically set to
"Pending -
 Revised after Generated".


What's going on?  I'm going to worry.

	Kay Mann@ENRON
	06/05/2001 11:10 AM

		 To: Suzanne Adams/HOU/ECT@ECT
		 cc:
		 Subject: Re: Tuesday

I go back for more tests this afternoon.

From: Suzanne Adams@ECT on 06/05/2001 09:42 AM
To: kay.mann@enron.com
cc:

Subject: Tuesday

What did the doc say?  Are you ok?


It is amazing and yet not surprising how much Enron has accomplished in the
first six months of this year. You continue to make it happen.  We recognize
that you work hard every day to accomplish Enron,s business goals, and we are
pleased that many of you have shared in the company,s financial success
through Enron stock options.

As you may know, the current employee stock option program (also known as the
All Employee Stock Option Program or AESOP) began in 1994 and provided value
to participants through 2000.  Employees who have participated in this
program from its inception have realized a 1,119% increase in the value of
their stock options (assuming a stock price of $70) over the life of the
program.

Enron stock options are a valuable part of your total compensation package
and a contributing factor to your performance and to Enron,s continued
success.  Therefore, the Enron Executive Committee and the Compensation and
Management Development Committee of the Enron Board of Directors have decided
to continue to offer stock options as a part of your compensation package.

On May 1, 2000, the Committee approved an employee stock option program for
calendar years 2001 - 2005 (EnronOptions ) Your Stock Option Program).  It is
expected that EnronOptions ) Your Stock Option Program will be granted,
effective on or about December 29, 2000, for those employees who are eligible
on that date (please see note below).  The new program, which is subject to
final approval by Enron,s Board of Directors, is as follows:

? EnronOptions ) Your Stock Option Program will give stock options to
eligible full-time and part-time regular employees in domestic and
international companies/locations.
? The grant of non-qualified stock options will equal 25% of annual base
salary (5% of annual base salary for each year of a 5-year period) on
December 29, 2000. (Salary calculation and value may vary in some
international locations.)
? The Board will grant the stock options on December 29, 2000.
? Eligible employees hired in subsequent years will receive a prorated grant
of stock options.

Why commit your talent and energy to Enron?  EnronOptions ) Your Stock Option
Program, among other good reasons( that,s why.

In the coming weeks, you will be receiving more details about EnronOptions )
Your Stock Option Program.  To provide information and answer your questions,
we will introduce a special link on the Human Resources web-site, host
several eSpeak sessions and continue to communicate with you on a regular
basis.  In the meantime, if you have immediate questions, please contact your
Human Resources representative.

Note: In addition to final approval by Enron,s Board of Directors, granting
of options will be subject to New York Stock Exchange and state and federal
regulatory requirements.  It is expected that EnronOptions ) Your Stock
Option Program will be available to most Enron employees; however, some Enron
companies, employees may not be eligible due to legal, accounting, tax, labor
or business issues.  As you know, Enron changes to meet the needs of the
marketplaces we serve.  Given that need to change, we will continue to refine
the eligibility for EnronOptions ) Your Stock Option Program and will
communicate more details throughout the year with final eligibility being
determined on December 29, 2000.


-----Original Message-----
From: 	Jones, Brad
Sent:	Thursday, October 11, 2001 9:19 PM
To:	Gossett, Jeffrey C.
Subject:	Basis Options

Goss,
I am out next week so I thought I would give you an update on Basis options reports.  Francis sent me the first 3 today.  They were absolute crap the numbers weren't even close.  I met with him and another guy and we went over the reports and I told them how to arrive at the numbers.  I also gave them my report with numbers for them to tie out to.
Errol has the numbers to get in touch with me if you need anything.

Brad


Attendees:	Pam Butler
		Renee Ratcliff
		Larry Lewis
		Tom Martin
		Scott Neal
		Phil Allen