*******************************************************************
Dear Paul David Thomas,
Today's American Airlines Domestic & International Net SAAver Weekend
Getaway Fares e-mail offer is valid for travel next weekend.
Domestic Departure dates: October 26 - 27, 2001
International Departure dates: October 25 - 26, 2001
Tickets must be purchased by Friday, October 19, 2001.
You can find different Domestic Net SAAver Weekend Getaway destinations
for this weekend, departing October 19 - 20, 2001 AND, don't forget,
now Net SAAvers mean more than just special weekend fares.  Remember
to check our "Net SAAver and Special Offers" page often for details
on all of our other special fares and offers at:
     http://www.aa.com/netsaaver
You can also find additional savings for travel this weekend using
TWA's great Dot Com Deals(R).  See roundtrip examples below:
Fare  Coach Class From:                 To:
----  ----------------                  ----------------
$129  St. Louis, MO  (STL)              Atlanta, GA  (ATL)
$159  St. Louis, MO  (STL)              Colorado Springs, CO  (COS)
$159  St. Louis, MO  (STL)              Dallas/Ft. Worth, TX  (DFW)
$119  St. Louis, MO  (STL)              Wichita, KS  (ICT)
For a complete listing of fares and details on related rules and
restrictions, go to
     http://www.twa.com/dcdeals
*******************************************************************
                Earn Double Miles Systemwide
Now through November 15, 2001, you can earn double AADVANTAGE miles
on every nonstop American Airlines, American Eagle and TWA flight
regardless of your destination. Plus, this offer is unlimited, so
you'll get the bonus every time you fly.  Registration prior to
travel is required to earn double miles.  For more information,
restrictions and to register online, click "Earn Double Miles
Systemwide" when you visit:
     http://www.aa.com
*******************************************************************
In this Issue:
1. American Airlines Domestic Weekend Getaway Fares
2. American Airlines International Weekend Getaway Fares
3. AAdvantage Net SAAver Awards
4. Other - Vacation Packages
5. Additional Rules and Restrictions
6. Subscribe/Unsubscribe Information
***********************************
***********************************
1. American Airlines Domestic Weekend Getaway Fares
Coach Class Travel
R/T
Fare  Coach Class From:                 To:
----  ----------------                  ----------------
$189  Albuquerque, NM  (ABQ)            Chicago O'Hare, IL  (ORD)
$139  Atlanta, GA  (ATL)                Dallas/Ft. Worth, TX  (DFW)
$139  Baltimore, MD  (BWI)              Chicago O'Hare, IL  (ORD)
$159  Birmingham, AL  (BHM)             Dallas/Ft. Worth, TX  (DFW)
$119  Boston, MA  (BOS)                 Richmond, VA  (RIC)  #
$ 89  Boston, MA  (BOS)                 Washington Reagan Nat'l, DC  (DCA)
$189  Chicago O'Hare, IL  (ORD)         Albuquerque, NM  (ABQ)
$139  Chicago O'Hare, IL  (ORD)         Baltimore, MD  (BWI)
$139  Chicago O'Hare, IL  (ORD)         Dallas/Ft. Worth, TX  (DFW)
$129  Chicago O'Hare, IL  (ORD)         Memphis, TN  (MEM)  #
$209  Chicago O'Hare, IL  (ORD)         Portland, OR  (PDX)
$119  Chicago O'Hare, IL  (ORD)         Rochester, NY  (ROC)
$189  Chicago O'Hare, IL  (ORD)         San Antonio, TX  (SAT)
$139  Chicago O'Hare, IL  (ORD)         Tampa, FL  (TPA)
$139  Dallas/Ft. Worth, TX  (DFW)       Atlanta, GA  (ATL)
$159  Dallas/Ft. Worth, TX  (DFW)       Birmingham, AL  (BHM)
$139  Dallas/Ft. Worth, TX  (DFW)       Chicago O'Hare, IL  (ORD)
$119  Dallas/Ft. Worth, TX  (DFW)       El Paso, TX  (ELP)
$109  Dallas/Ft. Worth, TX  (DFW)       Jackson, MS  (JAN)  #
$119  Dallas/Ft. Worth, TX  (DFW)       Kansas City, MO  (MCI)
$119  Dallas/Ft. Worth, TX  (DFW)       McAllen, TX  (MFE)
$189  Dallas/Ft. Worth, TX  (DFW)       Miami, FL  (MIA)
$189  Dallas/Ft. Worth, TX  (DFW)       Norfolk, VA  (ORF)
$189  Dallas/Ft. Worth, TX  (DFW)       Oakland, CA  (OAK)
$ 89  Dallas/Ft. Worth, TX  (DFW)       San Angelo, TX  (SJT)  #
$169  Dallas/Ft. Worth, TX  (DFW)       Tampa, FL  (TPA)
$189  Dallas/Ft. Worth, TX  (DFW)       Washington Reagan Nat'l, DC  (DCA)
$119  El Paso, TX  (ELP)                Dallas/Ft. Worth, TX  (DFW)
$109  Jackson, MS  (JAN)                Dallas/Ft. Worth, TX  (DFW)  #
$ 89  Jacksonville, FL  (JAX)           Miami, FL  (MIA)  #
$119  Kansas City, MO  (MCI)            Dallas/Ft. Worth, TX  (DFW)
$119  McAllen, TX  (MFE)                Dallas/Ft. Worth, TX  (DFW)
$129  Memphis, TN  (MEM)                Chicago O'Hare, IL  (ORD)  #
$ 89  Miami, FL  (MIA)                  Jacksonville, FL  (JAX)  #
$279  New York Kennedy, NY  (JFK)       San Jose, CA  (SJC)
$189  Norfolk, VA  (ORF)                Dallas/Ft. Worth, TX  (DFW)
$189  Oakland, CA  (OAK)                Dallas/Ft. Worth, TX  (DFW)
$ 79  Orange County, CA  (SNA)          San Jose, CA  (SJC)
$169  Phoenix, AZ  (PHX)                Dallas/Ft. Worth, TX  (DFW)
$209  Portland, OR  (PDX)               Chicago O'Hare, IL  (ORD)
$189  Reno, NV  (RNO)                   Chicago O'Hare, IL  (ORD)
$119  Richmond, VA  (RIC)               Boston, MA  (BOS)  #
$119  Rochester, NY  (ROC)              Chicago O'Hare, IL  (ORD)
$ 89  San Angelo, TX  (SJT)             Dallas/Ft. Worth, TX  (DFW)  #
$189  San Antonio, TX  (SAT)            Chicago O'Hare, IL  (ORD)
$279  San Jose, CA  (SJC)               New York Kennedy, NY  (JFK)
$ 79  San Jose, CA  (SJC)               Orange County, CA  (SNA)
$169  Tampa, FL  (TPA)                  Dallas/Ft. Worth, TX  (DFW)
$209  Tucson, AZ  (TUS)                 Chicago O'Hare, IL  (ORD)
$ 89  Washington Reagan Nat'l,DC (DCA)  Boston, MA  (BOS)
$189  Washington Reagan Nat'l,DC (DCA)  Dallas/Ft. Worth, TX  (DFW)
# American Eagle service
 A portion of travel may be on American Eagle service?-----------------------------------?Travel Dates and Times for Weekend Getaway Fares:?- Depart Friday, October 26, 2001 on or after 7:00 p.m. or anytime ?  on Saturday, October 27, 2001?- Return anytime the following Monday, October 29, 2001 or?  Tuesday, October 30, 2001?- Friday evening travel may not be available in all markets?- Tickets must be purchased no later than this Friday, October 19, ?  2001, 12:00 midnight (CT)?-----------------------------------?How to Book Net SAAver Fares?Net SAAver Fares are now available on the Web at AA.com.?To book, login to AA.com with your AAdvantage number and PIN by clicking:?     http://www.aa.com/netsaaver ?*******************************************************************?*******************************************************************?2. American Airlines International Weekend Getaway Fares?Coach Class Travel?R/T?Fare  Coach Class From:                 To:?----  ----------------                  ----------------?$229  Boston, MA  (BOS)                 London Heathrow, UK  (LHR)?$249  Boston, MA  (BOS)                 Paris De Gaulle, France  (CDG)?$299  Chicago O'Hare, IL  (ORD)         Brussels, Belgium  (BRU)?$299  Chicago O'Hare, IL  (ORD)         Frankfurt, Germany  (FRA)?$299  Chicago O'Hare, IL  (ORD)         Glasgow, UK  (GLA)?$279  Chicago O'Hare, IL  (ORD)         London Heathrow, UK  (LHR)?$319  Chicago O'Hare, IL  (ORD)         Paris De Gaulle, France  (CDG)?$449  Chicago O'Hare, IL  (ORD)         Tokyo Narita, Japan  (NRT)?$319  Dallas/Ft. Worth, TX  (DFW)       Frankfurt, Germany  (FRA)?$449  Dallas/Ft. Worth, TX  (DFW)       Osaka Kansai, Japan  (KIX)?$329  Dallas/Ft. Worth, TX  (DFW)       Paris De Gaulle, France  (CDG)?$449  Dallas/Ft. Worth, TX  (DFW)       Tokyo Narita, Japan  (NRT)?$319  Dallas/Ft. Worth, TX  (DFW)       Zurich, Switzerland  (ZRH)?$ 69  Fort Lauderdale, FL  (FLL)        Nassau, Bahamas  (NAS)  #?$349  Los Angeles, CA  (LAX)            London Heathrow, UK  (LHR)?$369  Miami, FL  (MIA)                  Belize City, Belize  (BZE)?$199  Miami, FL  (MIA)                  Cancun, Mexico  (CUN)?$ 69  Miami, FL  (MIA)                  Freeport, Bahamas  (FPO)  #?$149  Miami, FL  (MIA)                  La Romana, Dominican Republic  (LRM)?$ 69  Miami, FL  (MIA)                  Nassau, Bahamas  (NAS)
$169  Miami, FL  (MIA)                  Providenciales, Turks and Caicos  (PLS)
$339  Miami, FL  (MIA)                  Quito, Ecuador  (UIO)
$309  Miami, FL  (MIA)                  San Pedro Sula, Honduras  (SAP)
$179  Miami, FL  (MIA)                  Santo Domingo, Dominican Republic  (SDQ)
$229  New York Kennedy, NY  (JFK)       London Heathrow, UK  (LHR)
$249  New York Kennedy, NY  (JFK)       Paris De Gaulle, France  (CDG)
$239  New York Kennedy, NY  (JFK)       Port Au Prince, Haiti  (PAP)
$219  New York Kennedy, NY  (JFK)       Santo Domingo, Dominican Republic  (SDQ)
$269  New York Kennedy, NY  (JFK)       St. Maarten, Netherlands AN  (SXM)
$229  Newark, NJ  (EWR)                 London Heathrow, UK  (LHR)
$289  Raleigh/Durham, NC  (RDU)         London Gatwick, UK  (LGW)
$ 79  San Juan, PR  (SJU)               Mayaguez, Puerto Rico  (MAZ)  #
$169  San Juan, PR  (SJU)               Miami, FL  (MIA)
$239  San Juan, PR  (SJU)               Newark, NJ  (EWR)
$259  San Juan, PR  (SJU)               Philadelphia, PA  (PHL)
$ 79  San Juan, PR  (SJU)               Punta Cana, Dominican Republic  (PUJ)  #
$ 89  San Juan, PR  (SJU)               St. Croix, USVI  (STX)  #
$ 79  San Juan, PR  (SJU)               St. Kitts, Nevis  (SKB)  #
$ 99  San Juan, PR  (SJU)               St. Maarten, Netherlands AN  (SXM)  ?$ 89  St. Croix, USVI  (STX)            San Juan, PR  (SJU)  #?$179  St. Thomas, USVI  (STT)           Miami, FL  (MIA)?$ 89  St. Thomas, USVI  (STT)           San Juan, PR  (SJU)
$199  Tampa, FL  (TPA)                  San Juan, PR  (SJU)
# American Eagle service
 A portion of travel may be on American Eagle service?-----------------------------------?Travel Dates and Times for Weekend Getaway Fares:?- Depart Thursday, October 25, 2001 or Friday, October 26, 2001?- Return anytime the following Monday, October 29, 2001 or?  Tuesday, October 30, 2001?- Tickets must be purchased no later than this Friday, October 19, ?  2001, 12:00 midnight (CT)?-----------------------------------?How to Book Net SAAver Fares?Net SAAver Fares are now available on the Web at AA.com.?To book, login to AA.com with your AAdvantage number and PIN by clicking:?     http://www.aa.com/netsaaver ?*******************************************************************?*******************************************************************?3. AAdvantage Net SAAver Awards?                  Travel On 4,000 AAdvantage Miles!?    Award travel is closer than you think because now you can claim?   AAdvantage Net SAAver Awards for as low as 4,000 AAdvantage miles.?    With this award reduction, getting away with Net SAAver Awards?                      has never been easier!?       See how far your miles can take you. Call AAdvantage today.?  $ 79 destinations are just $39 plus  4,000 miles?  $ 89 destinations are just $39 plus  4,000 miles?  $109 destinations are just $39 plus  7,000 miles?  $119 destinations are just $39 plus  7,000 miles?  $139 destinations are just $39 plus  7,000 miles?  $159 destinations are just $39 plus 13,000 miles?  $169 destinations are just $39 plus 13,000 miles?  $189 destinations are just $39 plus 13,000 miles?-  Our AAdvantage Net SAAver Awards are a great way to use your ?   AAdvantage miles to obtain a travel award for less mileage. To ?   determine the mileage required, compare the fares in this week's ?   Domestic Weekend Getaway list with the chart above.?-  AAdvantage Net SAAver Awards are valid for travel departing ?   October 26 - 27, 2001 for the markets listed above.?-  AAdvantage Net SAAver Awards are not applicable to First/Business ?   Class, International or Transborder fares.?-  To book your AAdvantage Net SAAver Award trip?   call AAdvantage toll-free, 800-882-8880.?*******************************************************************?*******************************************************************?4. Other - Vacation Packages?AA Vacations?Reduced Rates and Special Offerings in Las Vegas?    4 days/3 nights from $74* per person, double occupancy at?               Golden Nugget Hotel & Casino.?Enjoy over 15 wonderful hotels located on the strip and the downtown?area all offering reduced rates in this glitzy, glamorous destination.?Plus earn 3,000 AAdvantage bonus miles when you book online.?*For complete details, click below:?     http://aavacations.com/specials/las_vegas.asp ?***********************************?Fairmont Hotels & Resorts(R)?A Third Night Free & More in San Francisco, San Jose & Santa Monica?Now until December 28, 2001, The Fairmont San Francisco, The Fairmont ?San Jose and The Fairmont Miramar Hotel Santa Monica are offering ?the third night free of a three night stay.  Simply purchase for ?the first two nights, special "AAdvantage Invitation" rates starting ?from $249 in San Francisco and starting from $229 in San Jose and ?Santa Monica. Also receive a free room upgrade based on availability ?at time of check in and 500 base miles.  Stay at two or more of?these locations and receive up to 2500 bonus miles.  For more ?details, call 1-800-441-1414 or visit:?     http://www.fairmont.com ?***********************************?Six Continents Hotels(R)?      Fall Internet Sale - Amazing Rates 7 Days a Week?SAVE a minimum of 25% off the standard, non-discounted room rate ?at hundreds of participating Crowne Plaza(R), Holiday Inn(R) and ?Holiday Inn Express(R) hotels in the U.S., Canada and Mexico. ?Weekdays, weekends, it doesn't matter.  Just reserve by November 25, ?2001 and complete your stay by December 31, 2001 to enjoy these ?great savings.  Book online today at:?     http://www.sixcontinentshotels.com/fallsale ?***********************************?Marriott International(R)?           Earn Free Weekend Nights This Fall!?Marriott Rewards(R) members earn a free weekend night for every ?three weekend nights they stay with any of nine Marriott brands ?this fall.  Just stay three weekend nights between now and December ?23, 2001, and you'll earn a free weekend-night certificate valid ?for a future stay at over 1,900 properties - up to three free ?weekend nights!  If you are not already a Marriott Rewards member, ?you can easily join when you register for the promotion.?   To register and for complete terms & conditions, click:?     https://member.marriottrewards.com/secure/Prmo.asp?PSrc=PTAA ?*******************************************************************?*******************************************************************?5. Additional Rules and Restrictions?AA Weekend Getaway Fares Restrictions:?Fares shown do not include (i) up to a $2.75 USD federal excise?tax, which will be imposed on each flight segment of your?itinerary, (ii) local airport charges of up to $18, if applicable,?and, (iii) Canadian taxes of up to $22, if applicable. International?fares are subject to government approval. Government taxes and fees of?up to $108 USD, varying by destination, are not included and may vary?slightly depending on currency exchange rates at the time of purchase.?Tickets are nonrefundable and must be purchased at the time the?reservation is made.  Prior to departure, changes to your ticket may?be made if you pay up to a $100 USD change fee and meet the restrictions?applicable to the new fare.  Seats are limited. Fares may not be?available on all flights and are subject to change without notice.?All or a portion of your travel may be on American Eagle,?American's regional airline associate. Other restrictions?apply, click on one of the links below, or go tohttp://www.aa.com/netsaaver  for more information.?     http://www.aa.com/domnsrules ?     http://www.aa.com/intlnsrules ?Net SAAver Fares is a trademark and American Airlines and?American Eagle are registered trademarks of American Airlines, Inc.?*******************************************************************?*******************************************************************?6. Subscribe / Unsubscribe Instructions?This email has been sent to PAUL.D.THOMAS@ENRON.COM ?If you choose not to receive Net SAAver Weekend Getaway Fares messages, or if you would like to change your e-mail address, please visit: http://www.aa.com/American?BV_Operation=Dyn_AAUnsubReceive&form%25list=2&form%25aadv_num=  ?This is a post only e-mail. Please do not reply to this message.  For all inquires, go to www.aa.com/contactaa or send an email to webmaster@im.aa.com. ?011016prvdom&int?Message-Id: <20011016003953.E480.1119395-12133@info.aa.com>? [IMAGE]


-----Original Message-----
From: 	Nolan, Mike [mailto:Mike.Nolan@ADMis.com]
Sent:	Monday, June 03, 2002 8:25 AM
To:	Stephens, Jeffery (Bridgeline); Parks, Joe; Hillman, Liz
Subject:	access trades 6-3

 << File: bridgeline 6-3.xls >>


Charlene

Just a comment.  I would love to facilitate a couple decision meetings when
I'm in town.


Jeff Shankman thought you might be interested in reading our latest intelligence report on the financial crisis in Argentina.  Please let me know if we can provide additional information on this or any of the other political, economic, competitive, or reputational issues we are monitoring for Enron Wholesale Services.

Cordially,

Robert Johnston
Manager, Market Analysis
Competitive Analysis Group
Enron Wholesale Services
713-853-9934

 -----Original Message-----
From: 	Shankman, Jeffrey A.
Sent:	Friday, July 20, 2001 1:59 PM
To:	Johnston, Robert
Subject:	RE: Argentina

Just add him to the distribution list and send him a copy of this.  thanks.  Jeff

 -----Original Message-----
From: 	Johnston, Robert
Sent:	Friday, July 20, 2001 11:43 AM
To:	Shankman, Jeffrey A.
Cc:	Tholan, Scott; Fitzsimmons, Brendan
Subject:	Argentina
Importance:	High

Per our conversation earlier this week, attached please find our latest report on the Argentina financial crisis.  You had suggested that this could be important for Jeff Skilling to read.  If so, it will probably have more impact if you forward it on our behalf.

Let Brendan (x54763) or me (x39934) know if you have questions.

Robert


Let me know of your interest.
---------------------- Forwarded by Paul Kaufman/PDX/ECT on 09/07/2000 02:38
PM ---------------------------

TIM HEIZENRADER
09/07/2000 09:31 AM
To: John M Forney/HOU/ECT@ECT, Chris Stokley/HOU/ECT@ECT, Jeff
Richter/HOU/ECT@ECT, Elliot Mainzer/PDX/ECT@ECT, Paul Kaufman/PDX/ECT@ECT
cc:
Subject: EMR "Volatile Energy Prices" Conference Group Rate

Tim Belden has asked me to negotiate a lower group rate for attendance at
EMR's October 12-13 conference. Belden's speaking at this, and the full
agenda is at http://www.econ.com/emrindex.html (click on "Conference"). Would
you be interested in sending people? If so, how many?


Going out tonight

 -----Original Message-----
From: 	Kitchen, Louise
Sent:	Wednesday, October 24, 2001 8:03 AM
To:	Schoppe, Tammie
Subject:	Natural Gas Origination

Our natural gas business continues to benefit from effective account management and resource allocation focused on identifying and responding to the needs of our varied customers.  In order to keep our organization optimally structured and to facilitate additional growth, we are making the following changes:

Producer/Wellhead Group
The current mid-market, origination and wellhead pricing activity currently within the Central and Eastern Gas Regions will be consolidated with the Derivatives group under Fred Lagrasta.  This will create a single business unit focused upon the needs of the producing industry within the Eastern U.S.  The producer focus in the Western U.S. and Texas will remain unchanged reporting  to Mark Whitt and Brian Redmond respectively.

Strategic Asset  Development
Laura Luce will move from her role in the Central Region to lead an effort focused strictly on identifying and entering into long-term strategic arrangements within the Central and Eastern Regions.  This initiative will focus on a limited number of selected markets that provide strategic opportunities for partnering in asset development, asset management and optimization.  This effort will continue to work very closely with the regional leads.

Central Origination and Mid-Market
Frank Vickers will continue his current role in the Eastern Region and will assume the leadership role for Mid-Market and Origination activity in the Central Region.

There will be no changes to the West and Texas Origination groups headed respectively by Barry Tycholiz and Brian Redmond.

Please join us in congratulating Fred, Laura and Frank in their new roles.

Louise & John


I'd like to talk to him, but isn't merlin's credit low?

From:  Rick Buy
10/10/2000 10:04 AM

To: Mike McConnell/HOU/ECT@ECT, Jeffrey A Shankman/HOU/ECT@ECT
cc:
Subject: LNG Opportunity

A friend of mine, formerly with Bankers Trust, called to see if we are
interested in hearing a story about a floating LNG facility. He is with
Merlin Production, a small producer, that thinks there is a large market for
accessing stranded gas in offshore fields.  If you have an interest let me
know and I'll arrange a meeting. I owe this guy nothing other that a call
back so if you have no interest say so. Rick


---------------------- Forwarded by Ami Chokshi/Corp/Enron on 01/18/2000
07:52 AM ---------------------------

troy_a_benoit@reliantenergy.com on 01/17/2000 11:12:54 AM
To: Ami Chokshi/Corp/Enron@ENRON
cc:

Subject: 18 NOMS TO CITY GATES

(See attached file: HPL-Jan.xls)

 - HPL-Jan.xls


Shirley,

FYI

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/09/2001
02:40 PM ---------------------------

	Enron North America Corp.

	From:  Rita Hennessy @ ENRON                           01/09/2001 10:33 AM

To: James Hachen/NA/Enron@Enron, Vince J Kaminski/HOU/ECT@ECT, Osman
Sezgen/HOU/EES@EES, Tanya .Tamarchenko@enron.com, David.Roberts@enron.com,
lpederse@enron.com, Naveen Andrews/Corp/Enron@ENRON, Vladimir
Gorny/HOU/ECT@ECT, David Port/Market Risk/Corp/Enron@ENRON
cc: Araceli Romero/NA/Enron@Enron
Subject: Meeting - EAM VaR

Please put the following meeting on your calendars:

Subject: EAM VaR
Date:  Tuesday, January 16, 2001
Time:  9:00am - 10:00am
Place:  EB2868

Please advise if there is a conflict.

Thanks,
Rita
33075


The following is a status update regarding the agreed upon decision to
allocate Drift to the Business Units on April 26, 2001:

 A methodology and systems reporting have been developed and an analysis
prepared for the period Jan 2001 - April 2001.  During May, discussions were
held with each of the business units regarding the methodolgy which applies
to all business units and the analysis of results for Jan- April.

A request was made to begin the Drift Allocation process from April 2001.

During this week, we are meeting with the business units to review April and
May numbers and processes.  We are expecting to allocate April and May to the
individual business unit's Drift lines next week.

June numbers will be accumulated on the DPR in an Intra-Month Allocated Drift
line and allocated on the last business day's DPR to the Business Unit.

 Please do not hesitate to call me, 3-3210,  or the representatives of your
business unit,  if you require additional information.

Sheila


Per my voicemail, below are the revised online GTC's.  Sorry for an
inconvenience this might have caused you.


Stinebaugh? Steinbaugh?

Mark Bernstein@ECT
12/08/2000 10:12 AM
To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: Re: NPC

Hi Kay,

His name is John Stienbaugh and his e-mail is:

jstienba@newpower.com

thanks,

Mark
3-7516

Kay Mann@ENRON
12/06/2000 10:06 PM
To: Mark Bernstein/HOU/ECT@ECT
cc:
Subject: NPC

Hi Mark,

I need to addressee's name.  Is NPC here?

Thanks,

Kay


(See attached file: HPLN0203.xls)

 - HPLN0203.xls


Mike:

Thanks again for taking the time to meet with me last week.  I left you Rich
Kinder's number on Thursday with your assistant, Sheilla - hope you got it.
Again, I think a deal between or three companies is something to really look
at.  I think it creates a great story to the street.  Kinder/Morgan brings
the growth story, the gas pipelines for the convergence play and the
development team, Enron brings the MW's and trading and Cinergy brings MW's,
trading and operating expertise.  I feel that Enron and Cinergy can work
togther with regards to the trading.  I am sending you an anayst report I
just finish reading regarding generation spinoffs - I think it will be
helpful.   Also, Kay Chapman, Dave's assistant informed me that you were
coming up next week, and I wanted to know if you wanted me to be there or not
or if you wanted me to prepare anything for you for the meeting.

Hope you had a good weekend and I look forward to talking to you soon.
Regards,
Ben
(713) 853-7998


In today's volatile energy markets, those who are able to make objective buy and sell decisions can make significant profits and greatly improve cash flow.

Due to popular demand for our "Learn Technical Analysis" Class, we have scheduled additional Houston dates at the Marriott West Loop.  The next class is July 17 - 18.

For more information, call Jennifer Smith at 505-237-1600, Email me at jennifersmith@kaseco.com or visit our website at http://www.kaseco.com/classes/class.htm.

You may go directly to the registration form at at http://www.kaseco.com/classes/register.htm.

Learn Technical Analysis Syllabus
* Charting Basics, Types of Charts, Support and Resistance
* When to Buy or Sell (Entry Techniques)
* When to Exit Based on Signals (Momentum and Divergence)
* How to Exit Based on Stops (Managing Trade Risk)
* Chart Patterns and Forecasting Basics (Candlesticks, Elliott Wave, Flags, etc.)
* Statistical Hedging

Save money by registering before June 14.  Your cost will be reduced from $995.00 to $845.00 for one person and to $795.00 for two or more. In addition, you will receive a complimentary copy of "Trading with the Odds" by Cynthia Kase.

Please forward this information to anyone who might benefit.  Thank You!!

If you wish to be taken off our mailing list, reply with UNSUBSCRIBE in the subject line.


We just got some more information in the mail yesterday on the College
Savings Plan.  We will study it some more, and let you know how good or bad
it sounds.  Some good may be that YOU could deduct the amount you give on
YOUR income tax (there doesn't seem to be a cap on deducting the amount you
give if you make big bucks).  The initial bad I see is the $24/year fee plus
.6% of earnings.  Anyway, we will look it over in more detail.  They do not
restrict you to only go to Nebraska colleges, and you do not have to be a
Nebraska resident to open up an account.   Josh and Jarrod could each have
an account, with annual contributions up to $165,000 (tax deferred), and
when you take the money out, it is taxed at Josh and Jarrods tax rate.

Please remind me/reassure me about the Educational IRA.  It is similar to a
Roth IRA in that taxes are paid (by you in this case)on the money prior to
putting it into the account.  I don't list it anywhere on my income tax
forms until we start taking the money out.  In essence it is as if we are
putting $500 of our own money (taxes already paid) into the account, right?

There is no school again today.  Ice on the roads and more ice and snow to
come later today. I think this is the 5th or 6th day they have missed.  They
have to make it up at the end of the school year.

Mom said your house on the lake is all done being remodeled.  Bet it looks
nice.

Have a great day!

Love,
Linda

-----Original Message-----
From: Jim.Schwieger@enron.com [mailto:Jim.Schwieger@enron.com]
Sent: Wednesday, February 07, 2001 5:31 PM
To: mwoita@home.com
Subject: FW: College Savings Plan of Nebraska.htm

Linda and Mark:
I would like you guys to decide what to do and let me know.  Ben and Anna
will more than likely go to Nebraska so it make sense.  We still have to
make the 2001 contribution so if you want me to send it to the Nebraska
fund let me know.

     Love,  Jim
--------------------- Forwarded by Jim Schwieger/HOU/ECT on 02/07/2001
05:13 PM ---------------------------

"Mark or Linda Woita" <mwoita@home.com> on 01/29/2001 09:36:55 PM

Please respond to <mwoita@home.com>

To:   "Jim Schwieger \(E-mail\)" <Jim.Schwieger@enron.com>
cc:
Subject:  FW: College Savings Plan of Nebraska.htm

Jim,

This was just passed by the Nebraska legislature, and thought it might be a
better plan than the educational IRA.

Let us know what you think.

Love and Hugs,
Linda

P.S. I worked on the Ameritrade "stuff" (Schedule D) some more.  Hopefully
I
plugged in the right #'s.  I might mail a copy to you just to be sure.  Too
bad we don't have a scanner here at home.

 <<College Savings Plan of Nebraska.htm>>

(See attached file: College Savings Plan of Nebraska.htm)


Attached is Enron Transporation Services Company's Weekly Report.  There were
no changes.


To Accenture:

As discussed early today we hereby notify Accenture of 10 days notice of intent to terminate our Arrangement Letter for development of Basics of Risk Management.  The 10 days count down begins as of this evening.

During these 10 days Accenture and Enron will review its position and attempt to find a solution for this project to go forward.


I assumed it was group, I read it over, seem reasonable.

Sure, At 04:48 PM 9/21/00, jdasovic@enron.com wrote:

>I know shelley really well and would be happy to chat with her if you'd
>like.  Is the accounting case for this week a group thing or an individual
>thing?

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


Content-Transfer-Encoding: quoted-printable
Date: Wed, 21 Mar 2001 12:53:52 -0600
From: "Tracey Bradley" <tbradley@bracepatt.com>
To: "Paul Fox" <pfox@bracepatt.com>
Cc: "Ronald Carroll" <rcarroll@bracepatt.com>
Subject: WSJ - California Legislators Seek Ouster Of State's Top Utilities
Regulator
Mime-Version: 1.0
Content-Type: text/plain; charset=US-ASCII
Content-Disposition: inline

FYI

March 21, 2001

California Legislators Seek Ouster
Of State's Top Utilities Regulator

By Mitchel Benson and John Emshwiller
Staff Reporters of The Wall Street Journal

SACRAMENTO, Calif. -- With blackouts again rolling across the state and
lawmakers losing faith in Gov. Gray Davis, legislators called for the
resignation of the state's top utility regulator and threatened to cut off
further money for buying electricity.

The second straight day of blackouts, in which power had to be cut to the
equivalent of 500,000 homes, resulted from a combination of unseasonably warm
temperatures and a high-level of power-plant outages. Those factors are
likely to worsen as a warm spring turns to a hot summer, and Californians
switch on air conditioning.

The continuing crisis, originally sparked by a utility-deregulation plan gone
awry, is draining the patience of political and business leaders, who are
stepping up their criticisms of Gov. Davis. Tuesday, Assembly Republican
Leader Bill Campbell of Orange County called on Mr. Davis's appointee, Public
Utilities Commission President Loretta Lynch, to resign, and for the governor
to "replace her with an energy expert in which Californians could have
complete confidence."

Ms. Lynch, an attorney, had no background in energy or utilities when the
governor appointed her as PUC chief a year ago, long before any blackouts.

"We have no confidence that Loretta Lynch will play a constructive role in
solving this energy crisis in the weeks and months ahead," Mr. Campbell wrote
the governor in a letter released Tuesday. "Leaders seek to eliminate
barriers to progress. Loretta Lynch stands in the way of a quick solution to
California's energy problem."

Mr. Campbell and other Assembly Republicans attacked Ms. Lynch for delaying
"critical decision-making." In recent weeks, the PUC has been trying to
determine how to divide current retail electricity revenues among utilities,
their creditors and the state. The commission's decision is considered
critical to the success of the state's ability to sell an estimated $10
billion in bonds to help finance continuing electricity purchases. The
Republicans say the PUC's inaction has put the bond issue "in jeopardy and
Californians at higher risk of rolling blackouts." The PUC is expected to
take up this matter again next week.

Ms. Lynch couldn't be reached for comment, but Steven Maviglio, a spokesman
for Mr. Davis, dismissed the complaints. Pointing out that the state's flawed
deregulation plan is based on legislation signed by then-GOP Gov. Pete Wilson
in 1996, Mr. Maviglio said, "If the Republicans want to continue to play
politics, good luck and God bless. I think Republicans are bankrupt of ideas,
and instead of offering constructive solutions, they're playing games."

California's legislative plan to deregulate electricity has been derailed by
several flaws, including the fact that wholesale rates were allowed to
escalate while retail rates were frozen for several years. At the same time,
the state experienced an expansion that sent demand soaring while no new
generating capacity was added.

It's not only Republicans who are putting additional heat on the governor and
the PUC. Sen. Steve Peace, a Democrat who is chairman of the Joint
Legislative Budget Committee, is balking at the latest request by the
administration for emergency electricity funding, saying he fears there isn't
yet any mechanism in place for the state to be repaid.

On Monday, state finance director Tim Gage requested another $500 million,
his sixth such request since Feb. 5. Mr. Gage said the Davis administration
is "sympathetic to the senator's concerns, and we are hopeful that the PUC
will act appropriately to resolve them."

As recriminations rose in Sacramento, officials in Los Angeles and Long Beach
took aim at natural-gas suppliers. City attorneys filed suits in state court
against units of Sempra Energy and El Paso Corp. claiming they conspired to
manipulate gas supplies to drive up prices and eliminate competition. The
cities are seeking injunctions and monetary damages.

In recent months, natural-gas prices in California have soared higher than in
the rest of the country. Beyond the impact on gas consumers, the trend has
put upward pressure on wholesale electricity prices, since gas is a major
power-plant fuel.

A spokesman for El Paso said it hadn't yet been formally notified of the
cities' suits, but in response to private suits last December alleging
conspiracy, it issued an "unequivocal denial" of the claims. A Sempra
spokesman couldn't be reached.

Write to Mitchel Benson at mitchel.benson@wsj.com and John Emshwiller at
john.emshwiller@wsj.com


Notice No. 02-01
January 2, 2002

TO:                 ALL NYMEX DIVISION MEMBERS AND MEMBER FIRMS
                        ALL NYMEX DIVISION  CLEARING FIRMS
                        ALL NYMEX DIVISION OPERATIONS MANAGERS
FROM:            J. Robert Collins, Jr., President
SUBJECT: 	MARGIN RATE CHANGES FOR HENRY HUB SWAP (NN) AND NATURAL GAS
(NG) FUTURES.
Effective Date: 		Thursday,  January 3, 2002 (close of
business)
Futures Contracts:		Natural Gas (NG), Henry Hub Swap (NN)
Futures
Contract Months:		All Months
Rate Change:

NYMEX Division Outright Margins on Natural Gas and Henry Hub Swap Futures
Contracts

					Clearing		Member

			 		Member	         	Customer
Non-Member
					New	Old		New	Old
New          Old
Tier 1 (1st  Nearby Month):		$3,500	$4,500		$3,850
$4,950	    		$4,725	$6,075
Tier 2 (2nd  Neaby Month):		$3,000	$4,000		$3,300
$4,400	    		$4,050	$5,400
Tier 3 (3rd  - 6th  Nearby Months):	$2,500	$3,000    	$2,750
$3,300	    		$3,375	$4,050
Tier 4 (7th   - 12th Nearby Months): 	$2,000	$2,500    	$2,200
$2,750	   		 $2,700 $3,375
Tier 5 (13th  and greater):		$2,000	$2,000    	$2,200
$2,200    		$2,700	$2,700
Current systems calculate the margin requirement for spread positions by
first determining the "Scan Risk" and then multiplying the number of spreads
by a rate set by the Exchange.  Scan Risk is determined by netting the
outright margin required for each leg of a spread.  Spreading between
differently margined contracts results in a higher spread margin than
between equally margined contracts.  Below is provided an example where the
legs of a spread are margined differently.
Scan Risk Example at Clearing Member Rates
A spread consisting of one futures leg in Tier 1 and another in Tier 2 will
have its requirement (at the clearing member rates) calculated at $1,000
starting on Thursday, January 3, 2001.

One Long Tier 1 NG or NN	(1 * $3,500)	=
$3,500
One Short Tier 2 NG or NN	(1 * $3,000)	=		-
$3,000
Net Scan Risk		($3,500-$3,000)	=			$   500
Spread Rate		(1* $500)		=		+	$
500
Total Requirement				=
$1,000
Scan Risk Example Summary
Margin on a Spread Between a Tier 1 and Tier 2 Futures Contract
Clearing Member (Maintenance Margin):
$1,000
Member Customer (Initial Margin):
$1,100
Non-Member Customer (Initial Margin):
$1,350

 Inter-Month Spread  Margins on Natural Gas and Henry Hub Swap Futures
Contracts
				Clearing			Member

				Member			Customer
Non-Member
Tier 1 (1st  Nearby Month):		 $500			$550
$675
Tier 2 (2nd  Neaby Month):		 $250			$275
$237
Tier 3 (3rd  - 6th  Nearby Months):	 $250			$275
$237
Tier 4 (7th   - 12th Nearby Months): 	 $250			$275
$237
Tier 5 (13th  and greater):		$100			$110
$135

The inter-commodity spread margins will be $0 between Natural Gas (NG) and
Henry Hub Swap (NN) futures contracts. Spread credits between Henry Hub Swap
futures and all other NYMEX energy products will be the same as the Natural
Gas spread credits.
Should you have any questions regarding these changes, please contact Arthur
McCoy at (212) 299-2928 or Joe Sanguedolce at (212) 299-2855.  This notice
supersedes all previous notices regarding outright and spread margins for
the NYMEX Natural Gas (NG) futures contract and the NYMEX Henry Hub Swap
futures contract.


How's everything going?   Give me a call when you get a chance.


READ VERY CAREFULLY:

These applications (BUTTONS) MUST be run AS CLOSE AS POSSIBLE to your
scheduled date and time of migration.
Your Migration Date is: February 21st at 4:45 PM
Please make sure you are connected to the network before you launch these
applications.
DO NOT CLICK ALL THE BUTTONS AT ONCE AND DO NOT CLICK EACH BUTTON MORE THAN
ONCE!

When ready, please click the first button below to run the "Personal Address
Book Converter" application.  You will get a message once the application is
finished.  Depending on how many entries you have, this application may take
up to 10 minutes to run.  Lotus Notes may seem to hang or act as if it is not
responding during this process.  Please be patient and allow it to complete.
Follow the same procedure for the other two buttons.

IF A POP-UP BOX APPEARS, PROMPTING YOU TO "ABORT, CANCEL OR TRUST SIGNER"
PLEASE SELECT TRUST SIGNER.  THIS BOX MAY APPEAR MULTIPLE TIMES.  PLEASE
SELECT TRUST SIGNER FOR EVERY INSTANCE.

1.

2.

3.

Please Note:  You will not notice any change to your existing Personal
Address Book, Journal entries or Private Folder Structure after running these
applications.  Failure to run these applications means your Notes Address
Book(s), Journal items and Folder Structure WILL NOT be migrated and WILL NOT
be available to you in Outlook once you are migrated.

This is the only notification you will receive.

Thank you for your cooperation,

Outlook 2000 Migration Team


ADDITIONAL INTERVIEWER PARTICIPATION IS REQUESTED FOR OCTOBER 28 & NOVEMBER
4.

Also, please note the school/date changes (in red).  This change was
necessary due to the number of candidates participating in Super Saturday.
If you have a change in your participation as a result of the date change,
please contact John Harrison, ext. 3-7811 for revisions.

Thank you
Shelly Jones

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

Enron Managing Directors, Vice Presidents, Directors, and Managers  Who
Utilize the Associate/Analyst Pool

As a follow up from a "SAVE THE DATE"  email regarding your participation in
the  Associate and Analyst  Super Saturday process, now is the time to select
your dates to attend and participate.

Below are the dates for Super Saturday weekends during the upcoming
recruiting season.  If you are Houston-based or if you know you will be in
Houston on business at the appropriate times please click the link below to
volunteer.

http://axis.enron.com/notice/ssinvite.asp
(When selecting dates please avoid selecting to interview candidates who
attend the schools for which you are a team member.)

Associates     Analysts
October 27-28, 2000    November 3-4
Thunderbird, UT, Georgetown, Rice  Rice, UT, Baylor, A&M, OU, Florida, LSU,
UHCL

November 10-11, 2000    November, 17-18, 2000
Columbia, Stern NYU, UCLA, Darden, Cornell Penn, UVA, Vanderbilt, Michigan,
Howard, AUC,
Vanderbilt, Michigan    UHMain and Clear Lake, LSU

December, 1-2, 2000    December 8-9, 20000
Chicago, Kellogg, Harvard, Wharton, MIT Wellesley, overflow and re-schedules
from previous s/s
-
Friday, December 15, 2000
Carnegie Mellon
Yale off-cycle candidates

Thank you for your support of the Associate and Analyst Programs.
Shelly Jones
Recruiting Manager


----- Forwarded by John J Lavorato/Corp/Enron on 01/23/2001 08:48 PM -----

	Michael M Driscoll@ECT
	01/23/2001 04:33 PM

		 To: John J Lavorato/Corp/Enron@Enron, Tim Belden/HOU/ECT@ECT
		 cc:
		 Subject: EES bid revised


I forgot to add that this is an LFT.
---------------------- Forwarded by Mary Darveaux/ET&S/Enron on 11/16/2000
05:18 PM ---------------------------

Mary Darveaux
11/16/2000 04:50 PM
To: Glen Hass/ET&S/Enron@ENRON, Barbara Bischoff/ET&S/Enron@ENRON
cc: Mary Kay Miller/ET&S/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON

Subject: TW Negotiated Rate Filing

Alas- a negotiated Rate Filing with a few days notice!!!!

TK has done it again  Negotiated Rate deal with Sempra
   December 1 thru December 31
   Rate $1.00
   10,000/day
   Receipt Point  ____?  (to be provided)
   Delivery Point  PG&E Topock

I will prepare the filing for November 30th.  Barb, please add to our filing
log.


Earl Kelly
Portland, OR
ekelly65@yahoo.com

To Mr. Ken Lay,

Please tell you wife to stop telling the news media that you are "broke".  With assets totaling over 20 million dollars, how can you claim you are broke?  Do you or your wife go without food, shelter or clothing? Do you wonder where your next meal is coming from?  I think NOT!!

Indeed, while you netted well over a $100 million, many of Enron's employees were financially devastated when the company declared bankruptcy and their retirement plans were wiped out.  And Enron made an astronomical profit during the California energy crisis last year.
The New York Times reported that you sold $101 million worth of Enron stock while aggressively urging the company's employees to keep buying it.  Please donate this money to the funds set up to help repair the lives of those Americans hurt by Enron's underhanded dealings.

Sincerely,

Earl Kelly


September Forecast
---------------------- Forwarded by Lorna Brennan/ET&S/Enron on 08/23/2000
06:52 AM ---------------------------

webmaster@cera.com on 08/22/2000 10:28:10 PM
To: Lorna.Brennan@enron.com
cc:

Subject: Monthly Briefing: A Shoulder Month Without Shoulder Prices - CERA
Alert

**********************************************************************
CERA Alert: Sent Tue, August 22, 2000
**********************************************************************

Title: Monthly Briefing: A Shoulder Month Without Shoulder Prices
Author: Zenker, Snyder, Moritzburke
E-Mail Category: Alert
Product Line: Western Energy ,
URL: http://www.cera.com/cfm/track/eprofile.cfm?u=5526&m=1320 ,

Alternate URL:
http://www.cera.com/client/ce/alt/082200_18/ce_alt_082200_18_ab.html
**********************************************************************

As western markets continue to struggle through high August demand and prices
for both power and natural gas, September looms as the start of the fall
shoulder season. The shoulder season historically has brought the possibility
of a break in weather and a demand drop in both power and gas prices from
summer levels. CERA expects this shoulder season to differ from years past,
however, with power and gas markets producing strong year-over-year prices
and little relief from summer levels, even with normal September weather.

West-wide power loads will decline but will remain similar to those in June,
a month with high power prices. In addition, compared with June levels
hydroelectric capacity has dropped owing to reduced stream flows, leaving
more expensive gas-fired generation to replace declining hydroelectric
output. CERA expects occasional hot weather and higher gas prices to push
on-peak prices in the West to 244 percent over September 1999 levels.

Continued strong use of gas-fired generation in the West, as well as low US
storage inventories and tight supply demand balances, will keep the pressure
on gas prices. Topock prices are expected to average $4.45 per million
British thermal units (MMBtu) in September.

These high September gas and power prices are driven by

* Declining hydroelectric output. The months of September through November
represent the low point for hydroelectric output in the West, with rainfall
historically boosting output in December. Approximately 16,400 average
megawatts (aMW) will be available from hydroelectric facilities during the
three-month period. This represents a net reduction in capacity of 6,900 aMW
when compared with the recent June-August summer months and a reduction of
3,600 aMW when compared with September 1999 levels.

* Higher, more variable power demand. The Southwest and Southern California
still experience hot weather in September, and regional utilities typically
consider it possible that a year's peak load event will occur in September.
Spiking loads, however, can quickly retreat with a return to cooler weather.
Thus, power loads and power prices are expected to experience a high degree
of variability during September.

* High levels of gas-fired generation. Load growth and a declining
hydroelectric resource base will require gas-fired resources to serve
approximately the same level of demand as in June 2000, a month with similar
average demand and monthly average on-peak power prices in the $150-$178 per
megawatt-hour (MWh) range, depending on the region. This strong pull on
gas-fired plants will push deep into the generation resource base, driving
prices upward. An additional 1.7 billion cubic feet (Bcf) per day will be
required for gas-fired generators in the US West compared with September 1999
levels.

* Strong North American gas prices. Natural gas prices are expected to retain
most of this summer's peak levels, as North American supplies remain tight. A
market anxious about winter demand and price levels will also limit a price
retreat this fall. As a result, average September Henry Hub prices are
expected to trade around $3.95 per MMBtu. An active storm season could keep
Henry Hub prices near the $4.50 mark.

* Strong western basis differentials. The strong demand for gas to serve
gas-fired generation and storage concurrently will maintain western basis
differentials at high levels, especially in the California markets. CERA
expects a Topock-to-Henry Hub differential of $0.40 per MMBtu during
September. Extended operational problems associated with El Paso's pipeline
rupture would raise that outlook.

Regional Power Market Drivers
Hotter-than-normal August weather, transmission and generator outages, high
natural gas prices, and declining hydroelectric output all contributed to a
rise in power price levels during August. Southern California average power
prices in August have thus far exceeded July levels by an average of $90 per
MWh during the on-peak period and by $14 per MWh during the off-peak period.
Mid-Columbia power prices, bearing the brunt of fire-induced transmission
outages, experienced a jump from July price levels of $114 per MWh for the
on-peak period and $20 per MWh in the off-peak period.

Off-peak prices, which have averaged above $60 per MWh during the June-August
period, are clearly defined by the production cost of gas-fired resources.
On-peak prices during this same period, at over $100 per MWh in all regions
in all months, have reflected a significant premium at times over the cost of
the marginal system generator (see Table 1).

A return to normal weather should drive West-wide loads down by 8,300 aMW in
September from August levels. However, load growth and a return to normal
weather are expected to push loads up by 5,400 aMW when compared with
September 1999 levels. These greater loads, coupled with a reduction in
hydroelectric generation of 3,600 aMW from last September's levels, will
create supply tightness during September (see Tables 2 and 3).

Hydroelectric, coal, and nuclear generation together will be insufficient to
serve West-wide demand in September, even during much of the off-peak
periods, requiring gas-fired resources to meet a significant portion of the
load. Gas demand for power generation is expected to average 5.2 Bcf per day
in September, down from over 5.9 Bcf per day in August but up by a dramatic
1.7 Bcf per day compared with levels in September 1999.

September power prices will be defined by a floor set by the incremental cost
of gas-fired generation, approximately $50 per MWh, with prices frequently
higher as demand increases. As this summer has clearly demonstrated, prices
rise in a nonlinear fashion as supplies grow very tight. Hot weather-induced
loads should provide additional examples of this relationship. * Cooler- or
hotter-than-normal weather in September, coupled with the inherent high
variability of September loads, will produce a wide range of price outcomes.
Under normal weather, on-peak power prices are expected to fall in the
$113-$123 per MWh range, depending on location, representing a 244 percent
premium to year-ago September prices (see Figure 1).

The latest revision of the California Independent System Operator's (ISO's)
imbalance energy market cap down to $250 per MWh is expected to depress
market prices during any weather events in September. CERA expects the ISO
price cap to limit prices outside of California as well.

Pacific Northwest
Although demand levels in the Pacific Northwest are expected to retreat in
September by at least 1,100 aMW compared with those in the hotter-than-normal
month of August, the loss in available capacity from hydroelectric resources
will amount to 1,900 aMW over the same period (see Table 4). Thus, the
Pacific Northwest will be in an even more limited position to export power to
other regions. With transmission interties operating at below rated capacity
during this period, power prices in the Pacific Northwest will maintain their
tight relationship with those in Northern California. These price levels will
continue to support the operation of the region's limited quantity of
gas-fired generation. Mid-Columbia on-peak price levels are expected to
average $118 per MWh in September.

Off-peak power price levels in the Pacific Northwest will also receive a
boost from the strong markets to the south. The expected September level of
$54 per MWh represents the opportunity cost of power sales in surrounding
markets.

California
The fall months initiate a seasonal shift in price differentials that
separates the West into markets that lie north of transmission Path 15 and
those to the south. As in years past, hydro-depleted Northern California
should experience demand levels that must be served by generation resources
within the region. Exports from the Pacific Northwest dwindle, and energy
from the nuclear and coal-rich Southwest is constrained from entering
Northern California by Path 15 import limitations. This condition, which is
expected to persist from September through November, allows Northern
California to price at a premium. The expected monthly average on-peak
Northern California price of $123 per MWh incorporates this dynamic. Notably,
the California ISO is completing a process to remap the zones in California,
in part to capture locational price differences more effectively.

Southern California, like the Southwest, will typically experience hot
weather episodes in September. During these high demand periods, prices will
rise to peak levels as experienced this summer. In addition, California as a
whole should see average loads in September that are 4,600 aMW higher than
those of September 1999. Occasional cooler weather will sharply but
temporarily reduce daily prices. Southern California benefits from the
abundant export capacity of the Southwest during cooler weather in that
region, allowing prices to fall well below those in Northern California. An
$8 per MWh differential between the north and south portions of the state is
expected, with Southern California on-peak prices averaging $115 per MWh.

Off-peak prices of $53 and $47 per MWh for Northern and Southern California,
respectively, reflect the continued need for gas-fired resources to support
September off-peak loads.

Rockies and Southwest
An extended period of hot weather in July and August has boosted demand in
the Rockies, a region with growing saturation of residential air
conditioning. Limited transmission capacity and a dearth of cheaper exports
from surrounding regions have allowed the Rockies to price temporarily at a
premium to all other regions in the West.

A return to normal weather in September should restore the previously tight
relationship of Rockies prices to those in the North. Rockies prices are
expected to fall with loads, with a September monthly on-peak price average
of $113 per MWh and an off-peak price average of $43 per MWh.

CERA expects Southwest prices to be tightly connected to prices in Southern
California on a monthly average basis. The two regions generally experience
the same September weather patterns, and a strong 7,600 MW transmission link
between the two market centers allows them to balance loads with each other.
Strong gas prices and occasional market tightness-induced price run-ups will
maintain on-peak prices at the $115 per MWh level in September. Off-peak
prices will, like those in Southern California, be buoyed by the high cost of
gas-fired generation. A price level of $47 per MWh is expected for off-peak
prices.

Regional Gas Market Drivers
The summer competition for gas supply between power and storage continues in
North America, with gas prices reflecting the intensity of that competition.
Even as the summer power peak subsides in September across the United States,
the need to continue strong storage injections and the threat of storms in
the Gulf will keep prices high and volatile. The storage deficit now stands
at approximately 350 Bcf, and US storage inventories look likely to head into
winter at historically low levels. This critical storage situation will keep
prices high despite overall declines in power loads in September. CERA
expects a Henry Hub price of $3.95 per MMBtu during September.

In the West strong power loads and the potential for power peaks persist
through September, especially in California. Overall, total demand for gas is
expected to decline across the West from 10.1 Bcf per day during August to
9.8 Bcf per day during September (see Table 5). This load will tend to keep
intraregional differentials wide throughout the West during the month. The
recent price disconnects between the supply-rich Rocky Mountains and San Juan
Basin and demand-charged California will persist. October should bring some
change in this dynamic as heating loads in the Rockies begin to increase.

In general, winter will bring a dramatic shift in regional pricing
differentials throughout the West. The summer pressure on Rocky Mountain
supplies caused by high utilization rates on most export pipelines will be
relieved somewhat by regional heating loads. Declines in flows into the San
Juan Basin from the Rockies will take some downward pressure off prices in
the San Juan. On the other hand, healthy California storage inventories
should limit price premiums at Topock through the heating season. The
start-up of the new Alliance pipeline, which will draw gas to the Midwest,
will support prices in the Pacific Northwest and California.

California
Topock continues to be the premium pricing point in North America, although
differentials between Southern California and the Henry Hub subsided somewhat
from peak levels near $1.00 per MMBtu before this weekend's pipeline
explosion. Total imports into California reached record levels during July;
total imports of 5.8 Bcf per day eclipsed the previous high by 300 million
cubic feet (MMcf) per day (see Table 6). Pipeline capacity into the state
during the month ran at 83 percent utilization. So far in August, pipeline
capacity utilization is exceeding even that high rate, running at 85 percent.
These high rates of capacity utilization are putting pressure on gas prices
in Southern California, and the pressure should continue during September.

Total demand in California is expected to decline somewhat during September,
but continued strong power loads and low seasonal hydroelectric generation
will provide support. Total demand in the state should average 6.6 Bcf per
day, down only slightly from August's total of 6.8 Bcf per day. Flows into
the state between August and September are not likely to change
significantly, but price pressure should decline somewhat with demand. The
Topock differential to the Henry Hub should average approximately $0.50 per
MMBtu for September (see Table 7).
Storage inventories in the West are still healthy relative to levels in the
rest of the United States, but the storage surplus in the region has eroded.
In California, inventories are running lower than last year, and the deficit
in the state looks likely to widen during September. The end of injection
season storage inventories will determine the vulnerability of Topock
differentials to winter price spikes.

Pacific Northwest
Malin prices this summer have shown neither the strong premiums that Topock
prices have shown nor the wide discounts that supplies in the Rocky Mountains
and San Juan Basins have shown. So far this month, prices at Malin are
averaging a $0.25 per MMBtu discount to the Henry Hub. Pipeline capacity into
the region from the Rocky Mountains is running nearly full; flows on PGT out
of Alberta have averaged nearly 2.2 Bcf per day this month. Export capacity
out of the region on PGE GT NW is running close to capacity, and pipeline
constraints to the south combined with strong California demand are driving
the wide Malin-to-Topock differentials.

Continuing strong demand in the South will likely keep Topock prices strong,
and the wide north-south differentials within the West will likely hold
through September. In the Pacific Northwest demand is expected to climb
through September to 1.5 Bcf per day from 1.4 Bcf per day in August. This
demand level should keep Malin differentials from widening from current
levels. For September CERA expects Malin prices to average $0.10 per MMBtu
below the Henry Hub price.

Southwest
Prices in the San Juan Basin this summer have been left behind by rising
California demand. Although the westward pull on supplies is strong,
bottlenecks between California and the San Juan have led to disconnects
between San Juan prices and Topock prices. Pipeline capacity utilization
rates on Transwestern and the northern leg of El Paso reached 93 percent
during July, with less than 200 MMcf per day of excess pipeline capacity.
Increased flows from the Rockies on TransColorado and Northwest are
contributing to downward pressure on San Juan Basin supply, and in general,
the San Juan has followed Rocky Mountain prices rather than following prices
at Topock or the Permian Basin.

Unlike in the past two summers, the bottleneck has not allowed power demand
on the West Coast to support San Juan prices relative to Permian prices. The
differential between San Juan and Permian has averaged $0.50 per MMBtu so far
this month and $0.30 per MMBtu since June. Additional imports from the
Rockies into the San Juan have increased supply by 200 MMcf per day relative
to last summer, but these higher flows do not fully explain the disconnect.
Without much change in Southwestern or Rocky Mountains local demand, the San
Juan should continue to price at a wide discount during September. The San
Juan-to-Henry Hub differential is expected to average $0.60 per MMBtu. As in
the Rockies, differentials should narrow substantially in October.

Rocky Mountains
Downward pressures on Rocky Mountain prices intensified over the past month
as utilization rates on pipelines out of the region continued to climb.
Record heat and power generation levels have done little to boost gas demand
within the region; generation is still largely coal-based, and the demand
impact on gas of the additional load is minimal. CERA expects the heavy
discount-current Rocky Mountain-to-Henry Hub differentials are around $0.90
per MMBtu-to persist through September. Local area demand is not expected to
change during September. Substantial gain in local demand comes in October
with heating loads; October demand should average 1.4 Bcf per day, up from
August and September averages of around 1.2 Bcf per day.

Although the winter heating season will relieve pipeline pressures in the
Rockies, winter differentials are expected to stay in the $0.25 to $0.40 per
MMBtu range. Strong storage inventories will limit the connection with
broader North American markets this summer. Next summer, pressures on Rockies
supplies will likely intensify relative to this summer. Although pipeline
expansion projects have been announced-Trailblazer and Williams announced
expansion plans this summer-the new capacity will not be online to relieve
constraints next summer. CERA expects supplies within the Rocky Mountains to
increase by 300 MMcf per day next year.

Western Canada
After widening to over US$1.50 per MMBtu, the AECO-Henry differential has
begun to narrow somewhat; maintenance that has restricted flows has largely
been responsible for the jump from $0.84 per MMBtu in July. With current
supply able to fill the contracted pipe capacity and incremental volumes
having to pay full cost to flow, differentials are likely to persist in the
mid-US$0.70s per MMBtu for September. AECO is expected to be US$3.25 per
MMBtu (C$4.53 per gigajoule) for September. Even with the start-up of the
Alliance project, the contract nonrenewal on TransCanada is likely to
continue the two-tiered pricing dynamics of contracted versus uncontracted
pipeline costs. This will result in differentials that will range between
US$0.60 and US$0.75 per MMBtu throughout the winter.

Supply build in western Canada continues to languish behind last year's
levels. The pace of drilling (over 9,000 gas wells are expected this year)
should provide growth in the fourth quarter and into 2001. Supply is expected
to be flat with 1999 on an annual basis for this year and up at least 350
MMcf per day in 2001.

Sumas prices have been quite volatile, driven by both weather in the Pacific
Northwest and maintenance on the Westcoast system. For September, Sumas is
expected to be slightly more stable and to price at a modest premium to AECO
of US$0.05 per MMBtu.

**end**

Follow URL for PDF version of this Monthly Briefing with associated graphic
and tables.

*********************************************************
CERA's Autumn 2000 Roundtable event dates and agendas are
now available at http://www.cera.com/event
*********************************************************

**********************************************************************
Account Changes
To edit your personal account information, including your e-mail
address, etc. go to: http://eprofile.cera.com/cfm/edit/account.cfm

This electronic message and attachments, if any, contain information
from Cambridge Energy Research Associates, Inc. (CERA) which is
confidential and may be privileged. Unauthorized disclosure, copying,
distribution or use of the contents of this message or any attachments,
in whole or in part, is strictly prohibited.

Terms of Use: http://www.cera.com/tos.html
Questions/Comments: webmaster@cera.com
Copyright 2000. Cambridge Energy Research Associates


Tana, please look at that list as soon as you can.  I'd like to get the email
out today or tomorrow since we need rsvps for the food and drink.  Thanks,
Suz


Greetings from Amazon.com.

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

Thanks for shopping at Amazon.com, and we hope to see you again soon.

You can track the status of this order, and all your orders, online by
visiting Your Account at http://www.amazon.com/your-account.
There you can:
        * Track order and shipment status
        * Review estimated delivery dates
        * Cancel unshipped items
        * Return items
        * And do much more

The following items were included in this shipment:
---------------------------------------------------------------------
Qty      Item                           Price  Shipped  Subtotal
---------------------------------------------------------------------
1        Reservoir Dogs                 $9.98   1       $9.98

1        The Usual Suspects             $18.99  1       $18.99

---------------------------------------------------------------------
               Item Subtotal:  $28.97
         Shipping & Handling:  $3.97
                       Total:  $32.94
                Paid by Visa:  $7.94
    Paid by Gift Certificate:  $25.00

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

This shipment was sent to:

	Darron Giron
	14343 Millstone Estates Ln.
	Cypress TX 77429

via USPS (3-7 business days).

For your reference, the number you can use to track your package is
9102001206742017588919.  You can refer to our Web site's Help page or:

http://www.amazon.com/wheres-my-stuff

to retrieve current tracking information.  Please note that tracking
information may not be available immediately.

If you've explored the links on the Your Account page but still need
to get in touch with us about your order, you can find an e-mail form
in our Help department at http://www.amazon.com/help.
---------------------------------------------------------------------
Please note: This e-mail was sent from a notification-only address
that cannot accept incoming e-mail. Please do not reply to this message.

Thank you for shopping with us.

---------------------------------------------------------------------
Amazon.com
Earth's Biggest Selection
http://www.amazon.com/
---------------------------------------------------------------------


Please join me in congratulating Kate on her new position at the Deal Control
desk. She will make the change from Origination to Trading effective
Wednesday, Nov. 8. We wish her success in the endeavor, even as we are beside
ourselves at such a loss.

Our new clerk, Theresa Villeggiante, will join the ranks on Thursday. In the
meantime, please try to ween yourselves away from using Kate's services.
Direct all requests and assignments to your respective Administrative
Assistant.  This will help us keep track of tasks and complete them in a
timely manner.

Thanks for your help and congratulations, Kate!

Mollie


Jerry Scarbrough's True Orange
The newsletter and fax/e-mail service for the True Texas Longhorn Faithful

Volume 10, No. 21, August 28, 2000

Stronger Defense, Improved Punting, Explosive Offense Give Horns Chance to
Stay in Top 10

With two-a-day workouts almost over and the opening game just around the
corner, there is some great news for Longhorn football fans.
That 17-year absence from the final top 10 could be over for three big
reasons:
1.The defense looks even stronger than last year's unit, which ranked No. 6
nationally.
2. Kris Stockton is punting so strongly that coach Mack Brown says the pros
are interested.
3. The offense, which couldn't score in the final ten quarters of last
season, is so explosive that it should be able to score on anybody.
But let's temper that great news with a word or two of caution about the
offense. While it is capable of breaking a long touchdown play against anyone
on the schedule, it still doesn't look like an offense that can make long,
time-consuming drives against a quality opponent.
It won't be as quick to punt or score as the offenses at the really
pass-happy schools on the schedule this year, but there might be a scary
number of three-and-outs against good defenses.
That won't necessarily be fatal to the Longhorns' high hopes, if the offense
and special teams can avoid costly mistakes that leave the defense a short
field to defend.
The Longhorn defensive unit is so strong that it will force most teams to
punt quickly, too.
Another great asset this season will be defensive depth. When the Longhorn
offense sputtered down the stretch last year, the defenders sometimes simply
wore down through repeated exposure.
But the second defensive unit has been formidable in practice. It allowed the
No. 1 offense one touchdown in seven possessions in Saturday's scrimmage.
Brown said the only big difference in the first and second units is at
defensive tackle, where the first team has All-American Casey Hampton and a
guy the pros like even better, Shaun Rogers.
But Rogers says the dropoff at tackle isn't that great when the second unit
comes in. "When Casey and I come out, Stevie (Lee) and Marcus (Tubbs) are
really good young players who are just going to keep on getting better and
better."
While Hampton and Rogers are seniors, Lee is a true freshman, who enrolled in
January so he could go through spring practice, and Tubbs is a redshirt
freshman who came to Texas as a tight end before growing into a formidable
defensive tackle.
The Longhorns are still a very young team, with  Hampton, Rogers and free
safety Greg Brown the only senior starters on defense, and tackles Leonard
Davis and Cory Quye the only likely senior starters on defense. Stockton, who
will handle the punting and place kicking, also is a senior.
Brandon Healy is starting at wide receiver now, but the fifth-year senior is
being pushed by the heralded freshmen, who are developing rapidly.
Let's take a look at what the Longhorn offense did last year and what it
meant to the team. The figures below show game-by-game rushing, passing and
total offense yardage, plus the number of sacks the opponents garnered.
* * * *
Rush     Pass   Total   Sacks
NC State (L, 23-20)   56    316 372 4-34
Stanford (W, 69-17) 178 380 558 1-6
Rutgers  (W, 38-21) 141 244 385 2-14
Rice (W, 18-13)     209 246 455 1-15
Baylor (W, 62-0)    233 353 586 0-0
K-State (L, 35-17)    34    271 305 4-40
Oklahoma (W, 38-28) 225 328 553 0-0
Nebraska (W, 24-20)   62    213 275 1-8
Iowa State (W, 44-41)   129 345 474 3-31
O-State  (W, 34-21) 177 242 419 2-11
Texas Tech (W, 58-7)    217 287 504 4-28
Texas A&M (L, 20-16)      89    183 272 2-20
Nebraska (L, 22-6)      6   172 178 7-44
Arkansas (L, 27-6)          -27 212 185 8-64
* * * *
It doesn't take a rocket scientist to see that the Longhorns were 7-0 when
they had more than 400 yards offensively and an even more impressive 8-0 when
they had 100 yards net rushing.
The flip side of that coin is that they were 2-5 when they had less than 400
yards offensively and an ever worse 1-5 when they had less than 100 yards net
rushing.
They also had five games in which they gave up more than four sacks and the
only one of those they won was against Texas Tech.
To keep history from repeating itself, the Horns need to start percolating on
offense.
Now, let's look at the upcoming season. Coach Brown doesn't mind the
pollsters picking UT No. 7 in the country, and he also is glad they think the
Longhorns can contend for the national championship.
"We've sold 50,000 season tickets because of the fans' enthusiasm and
support," he said Sunday. "The fans are talking about winning a national
championship, too, and we haven't finished in the top 10 in 17 years, but
that's a good thing, too. We have high expectations and we want the fans to
have high expectations for us."
Brown said the team has a chance to be good if it can eliminate some of the
mental mistakes that  cropped up last year and continue to improve.
Texas ranked near the bottom nationally last season in net punting, averaging
slightly under 30 net yards per kick.
He said the goal this year is to average 38 yards net punting, and he said
Stockton is punting so well in practice that "the pro scouts are showing some
interest."
"Overall, our punting is so much better than it was last year," he said.
Brown also said he thinks starting tailback Hodges Mitchell is even quicker
than he was last year and will be able to get the Horns some yardage as the
primary punt returner, and he said backup tailbacks Ivan Williams and Victor
Ike will be the primary kickoff returners.
"We think we will be better in all those areas," he said.
True freshman CB Nathan Vasher ran a punt back 79 yards for a touchdown in
Saturday's scrimmage, and Brown said he probably will use him as a punt
returner at some point in the season.
Here's a look at how the team is developing, on a position-by-position basis:
OFFENSE
Quarterback
Major Applewhite, the Big 12 Co-Offensive Player of the Year last season
after throwing for a school record 3,357 yards and another school record 21
touchdowns, seems to be fully recovered from off-season knee surgery, but he
is locked in a battle with super talented sophomore Chris Simms for the
starting job.
Brown says he thinks both will play in the NFL and he says it's a great
problem to have. "I've had teams with no quarterbacks," he said. "I like this
a lot better."
Brown also says everyone has an opinion about who will start, "but I'm the
one who will make the decision because I'm the one who will get fired if it
doesn't work out."
He also said both will play a lot this season.
Beau Trahan, a high school quarterback who switched to safety at UT, has been
moved back to quarterback, and he threw a touchdown pass in Saturday's
scrimmage. He is very mobile and has a good arm.
Chance Mock, the heralded recruit from The Woodlands, is a great prospect.
He's built like a linebacker at 6-2, 215, but he runs like a wide receiver
and has a powerful, accurate arm. Brown  wants to redshirt him, and he wants
to redshirt.
Running Back
All Big 12 tailback Hodges Mitchell is back after rushing for 1,343 yards and
catching 32 passes for 343 more yards.
Converted linebacker Matt Trissel is the fullback, and he is a good one. He's
an outstanding blocker, good receiver and tough power runner.
Sophomore Victor Ike, the fastest of the tailbacks, has been looking good in
practice, and currently is running ahead of Kenny Hayter and Ivan Williams
for the backup tailback job.
Converted tight end Chad Stevens and Brett Robin are the backup fullbacks.
Freshmen TB Sneezy Beltran and freshman FB Will Matthews are looking good in
practice, but could be redshirted because of the depth at their positions.
Tight End
The coaches spent much of the spring building a passing attack around
multi-talented sophomore Bo Scaife, a 235-pounder with great speed. He was
slowed last season after undergoing knee surgery following his senior season
in high school, but was sensational during spring drills.
On the very first day of fall practice, he hurt the other knee in a
non-contact drill and has already undergone surgery to fix it.
He is out for the season, but Brown said the injury was not as severe as the
one to the other knee and said he should be ready to go by spring practice.
Since he played as a true freshman, this will be his redshirt year.
Junior Mike Jones is an outstanding blocker and good receiver, and he came
back 15 pounds lighter and a little quicker. He will do a fine job, but he
won't scare people with his speed.
Freshman Brock Edwards is a big, fast prospect and the coaches are working
hard to get him ready to play. He isn't as fast as Scaife, but he is very
fast for a 6-5, 260-pounder.
Wide Receiver
Redshirt freshman Artie Ellis and fifth-year senior Brandon Healy are the
starters, but true freshmen Roy Williams and B. J. Johnson have been
outstanding in practice and will play a lot, even if they don't start.
Williams, 6-3, 205, and probably the fastest player on the team, has been
making sensational catches almost every day in practice, and Johnson, 6-1,
185, and super fast, too, caught a 75-yard scoring pass from Applewhite
against the first-team defense in Saturday's scrimmage.
Two other true freshmen, Sloan Thomas and Tony Jeffery, are 6-2 speedsters
who also are pushing for playing time.
There is little experience, but a lot of young talent at wide receiver. The
youngsters may struggle in the early games, but some of them will help a lot
this season and all of them are fast enough to scare defenses.
Line
Four starters return, and super sophomore Derrick Dockery, the lone new
starter, might be the best of the bunch. The line did a good job early last
season, but caught much of the blame for the late-season collapse.
Center Matt Anderson is getting a strong challenge from sophomore Beau Baker
at center, and Cory Quye is holding off Mike Williams at right tackle for
now. Dockery is a fixture at left guard, Leonard Davis is getting some
All-America mention at left tackle and Antwan Kirk-Hughes is in control at
right guard.
Brown has called Dockery "the best true freshman lineman I have ever coached."
Sophomore Robbie Doane is a strong backup at tackle, and redshirt freshman
Tillman Holloway is a talented newcomer at guard.
The line will be better because of the extra year's experience. The key
question is the degree of improvement.
DEFENSE
End
Nine starters return from a fine defense, but both seniors in 1999 were the
two defensive ends.
Sophomore Cory Redding, the Big 12 Defensive Newcomer of the Year last year,
looks like a future All-American at right end. He is a great pass rusher and
an improving run stopper.
Defensive coordinator Carl Reese plans to try to fill the left end spot by
using three or four players. Jermain Anderson, quick but undersized at 232
pounds, is the starter. He is a fine pass rusher, but is too small to play
full time. Sophomore Cole Pittman has moved over from tackle because of his
run-stopping ability. Maurice Gordon and Adam McConathy also will play. They,
like Anderson, excel at rushing the passer.
Reese likes the size and quickness of true freshman Kalen Thornton, who is
about 6-3 and 265. He says he will try to work him in  early this season to
see what he can do.
Tackle
Seniors Casey Hampton and Shaun Rogers are a formidable duo and probably are
the best pair of tackles in college football. Hampton was a first-team AP
All-American last year, and Rogers is bigger, quicker and at times even more
dominating.
True freshman Stevie Lee, who graduated from high school early so he could go
through spring practice at UT, and redshirt freshman Marcus Tubbs are
outstanding backups. Another redshirt freshman, Ryan Haywood, has a lot of
potential.
Linebacker
Reese has four outstanding linebackers who are concentrated at two positions,
which is why he plans to play nickel (five defensive backs, only two
linebackers) defenses at least half the time
Juniors De'Andre Lewis in the middle and Everick Rawls on the weak side
(opposite the tight end) are returning starters who just keep getting better.
Sophomore O. J. McClintock also has been looking great on the weak side, and
redshirt freshman Reed Boyd is pushing Lewis in the middle.
So, there is great quality and depth at two of the three spots.
On the strong side, however, juniors Tyrone Jones and Marcus Wilkins have not
drawn a lot of praise from Reese.
He just says the Longhorns play five or six teams who pass most of the time
and he will pull his strong side backer and play an extra defensive back.
He likes to have his quickest players in the game and all of his cornerbacks
are good tacklers
Look for five or six defensive backs to letter before either strongside
backer letters.
Secondary
All four starters return, but junior Quentin Jammer and sophomore Roderick
Babers appear to be beating out returning cornerback regulars Ahmad Brooks
and Ervis Hill.
Jammer, living up to his name, is great when it comes to jamming receivers
and keeping them from getting off the line. He is big and physical.
Babers is a speedster who played a lot as the nickel back last year. He has
great man-for-man coverage skills and always looks for the pick.
Regardless of who wins the starting jobs, all of the cornerbacks will play in
Reese's nickel and dime packages. He also plans to substitute them a lot
because they do so much running.
True freshman Nathan Vasher also is pushing for playing time.
At safety, senior Greg Brown and junior Lee Jackson are returning starters.
Backing them up are redshirt freshman Dakarai Pearson, who is looking very
good this fall, and true freshman Phillip Geiggar, who graduated early so he
could go through spring practice at Texas. Geiggar also looks like a future
star.
Reese usually plays extra cornerbacks in his nickel and dime lineups, but he
has been working Pearson as a nickel back in some situations.
Football Notes . .
Two freshmen ) running back Tyrone Richardson and linebacker Aurmon Satchell
) have left the team at least temporarily to resolve some academic problems.
Richardson won't be back until January at the earliest. Satchell said he
hopes to get his problems resolved by the NCAA Clearinghouse in time to
rejoin the team this week.
* * * *
Backup linebacker O. J. McClintock and freshman cornerback Nathan Vasher have
intercepted  a lot of passes in practice.
* * * *
Coach Brown says junior guard Antwan Kirk-Hughes is the most improved
offensive lineman, but he also said, "We feel like all five (offensive line
starters) will be quality players."
* * * *
Josh Doiron, older both of freshman defensive end Adam Doiron, is walking on
as a tight end. Josh Doiron attended Kansas State for a year on a football
scholarship, but quit the team and attended Oklahoma last year. He did not
play football at OU. After sitting out this year at UT, he will have two
years of eligibility remaining.
* * * *
Redshirt freshman Monti Collier has been switched from cornerback to safety.
* * * *
Coach Brown says the true freshmen will have their first chance to move up
late this week. "We like to get through two-a-days before we do a lot of
moving up and down with the freshmen," he said. "We have to be sure they can
play at a high level on a consistent basis."
* * * *
True freshman WR Roy Williams makes at least one or two sensational catches
in every practice, and fellow true freshman WR B. J. Johnson also is making a
strong bid for early playing time.

It's a Great Time to Subscribe
To The Fax/E-Mail Service
I'll Have Frequent Reports on Recruiting And Practice Throughout the Season
! Get Instant Updates for Pennies a Day !
Save As An E-Mail Subscriber !
The True Orange Fax/E-Mail Service is the way to keep up with Longhorn
football and Longhorn recruiting ) instantly. Follow Mack Brown and the
Longhorns with frequent fax updates. There are at least 99 timely faxes a
year, primarily about football and football recruiting.  To  subscribe, send
your check to True Orange, Box 26530, Austin, Texas 78755, and copy or clip
the coupon below and fill in the blanks. If you want it mailed, or by E-Mail,
just include the right numbers.
o I'm enclosing $99 for the 99-fax package for the next year
o I'm enclosing $130 (a $14 saving) to renew my subscription to True Orange
and to subscribe to the 99 faxes.
o I'm enclosing $79 for the 99-fax package for the next year by E-Mail (a $20
saving)
o Here's  $110 to renew my subscription to True Orange and to subscribe to
the 99 faxes by E-Mail (a $31 saving)
o Here's  $99 to subscribe to True Orange by E-Mail and to subscribe to the
99 faxes by E-Mail (a $42 saving)

Name

Fax No.
(or E-Mail or mailing address)

900 Number Updated Daily

I update my 900 number daily with football and football recruiting scoops.
The number is 1-900-288-8839. It costs $1.59 a minute. You must be 18 to call.

Texas Gets Top RB Cedric Benson as Lucky 13th Recruit

Cedric Benson, 5-11, 200, 4.5, of Midland Lee, the all-time Class 5A champ in
yardage gained and touchdowns scored, is a future Longhorn.
Thirteen is supposed to be an unlucky number, but not in this case because
Benson is the Longhorns' 13th early commitment, and he is a rare jewel.
He ran for an incredible 3,526 yards and scored an equally incredible 51
touchdowns last season to lead Lee to a 15-0 State Championship season.
Benson scored 44 TDs rushing and caught 14 passes for 360 yards and the other
seven scores.
He ran roughshod over a very good Aldine Eisenhower team in the state finals,
rushing for 192 yards and four touchdowns and bolting 78 yards with a screen
pass for another TD in a 42-21 victory.
That was just another typical day for Benson, who had 238 yards and five TDs
in the state finals as a sophomore en route to a 2,000-yard season and 37
touchdowns.
Why did he pick the Longhorns over all the other top schools who offered
scholarships?
"I've always liked the University of Texas," he said. "I like the way they
use their running backs and have a balanced offense. The UT offense is a lot
like the one we run here at Lee."
Benson said he was pulling for Ricky Williams to win the Heisman Trophy in
1998, and said Texas has been his top choice since he started drawing
recruiting attention.
Asked how many scholarship offers he has received, Benson said he quit
counting after 20. He also said the only other team he seriously considered
was Miami, "but I like Texas better and it's a lot closer to home."
Legendary high school coach Gordon Wood, who won multiple state titles at
Stamford and Brownwood before retiring several years ago,  says Benson "is
the best running back I ever saw in high school."
Wood's teams had some great backs and they played against some other great
backs, so he has seen more than his share of the great ones.
Benson is a back who sets up blockers extremely well and seems to sense where
a hole will be before it opens. He is an instinctive runner who is shifty and
hard to bring down.
He is on all the national top 100 lists as are fellow Texas pledges Jonathan
Scott of Dallas Carter and Abe Robinson of Houston Jersey Village, both
offensive linemen.
OL Alfio Randall of Blinn JC, another Texas commitment, was a national top
100 prospect two years ago at Houston Yates.
Randall  had hoped  to enroll at Texas in January, but he needs 24 more hours
at Blinn, so he will have to remain at the junior college through the spring
semester to graduate. That will delay his enrollment at Texas until next fall.
Here's a list of the Horns' early commitments:
Offensive Line (7)
Jonathan Scott, 6-7, 290, 4.9, Dallas Carter, is a national top 100 player.
He is super quick for his size and has the long arms college coaches want for
the key left tackle spot.
Abe Robinson, 6-6, 270, 4.9, Jersey Village,  is another national top 100
player. He plays tight end at Jersey Village and is the top blocker for super
junior RB Selvin Young, who ran for 2,204 yards last year as a sophomore.
Alfio Randall, 6-6, 300, 5.1, Blinn JC, was a national top 100 player two
years ago. He is super strong and extremely quick.
Mike Garcia, 6-5, 280, 5.2, Galena Park, broke the Aggies' hearts by changing
his early commitment to Texas. He is an offensive lineman with a defensive
linemen's aggressive temperament.
Will Allen, 6-5, 300, 5.2, Cypress Falls, is another highly recruited star
who has quick feet and great lateral movement
Roman Reeves, 6-6, 295, 5.2, another of the state's top eight offensive
linemen. He is a physically dominating blocker with good footwork and  a
strong upper body.
Terrance Young, 6-6, 340, 5.5, Longview, has a very quick start and, like
Garcia, is aggressive with his blocks.
Running Back (1)
Cedric Benson, 5-11, 200, 4.5, Midland Lee, the state's top running back and
another national top 100 player.
Linebacker (1)
Yamil LeBron, 6-2, 240, 4.7, Killeen Ellison, was the middle backer the
Longhorns targeted early. He is very physical and tough, and he has great
quickness.
Defensive Back (4)
Cedric Griffin, 6-1, 180, 4.42, San Antonio Holmes, one of the state's top
two cornerbacks. He is the kind of tall, fast (10.5 100 meter time) corner
who loves man-for-man coverage and is very good at it.
Kendal Briles, 5-10, 175, 4.5, Wolfforth Frenship, a great option QB who will
play safety at Texas. He was the Class 4A Offensive Player of the Year last
season while leading Stephenville to the Class 4A state title. He moved to
the suburbs of Lubbock because his father, Art, left his job as head coach at
Stephenville to become an assistant at Texas Tech.
Braden Johnson, 6-2, 200, 4.5, Euless Trinity, a fine athlete who will play
QB this season. He is a real head hunter
Brian Carter, 5-11, 180, 4.5, The Woodlands, a two-way star at WR and CB.
So far, only seven member of  Dave Campbell's Texas Football magazine's
24-man Super Team have committed to colleges, and the Longhorns have six of
them.
Benson is the only high school player ever to grace the cover of the state's
top football magazine and he is joined on the Super Team by Briles, Griffin,
Scott, Young and Robinson.
The other Super Team  player who has committed is Madisonville running back
David Underwood, who says he will sign with Michigan.
* * * *
RECRUITING NOTES: The Longhorns' search for a quarterback recruit has been
narrowed down to the best one in Texas and the best one in Louisiana. Matt
Nordgren of Dallas Bishop Lynch is the top Texas QB recruit and Bret Rawls of
Shreveport Evangel is the top one in Louisiana. Rawls backed up superstar
Brock Berlin last year, but has soared to the top of the recruiting charts
after attending several major college summer camps. . . Eric Hall, the
outstanding defensive end prospect from Clarksville, Tenn., still plans to
take his official visit the Sept. 9 weekend. . . With 13 recruits already
committed and no defensive lineman among them, that is where at least five or
six of the remaining scholarships will be awarded. DT Tommie Harris of
Killeen Ellison is the key one because he is the top-rated DT in the nation
and because he is the only great one in the high school ranks in Texas this
year. Paul Broussard is a great one at Blinn JC, and he is very interested in
Texas, but he has a lot of work to do in the classroom. The Longhorns are
recruiting some big DEs who good grow into tackles, like Kaelen Jakes, 6-5,
260, 4.8, of Valencia, Cal. He lived in Plano during junior high.

Last Open Scrimmage Wednesday

The Longhorns will end two-a-days Monday and Tuesday with 9 a.m. and 5 p.m.
practices at Whitaker Field, then have their last open scrimmage Wednesday at
6 p.m. at Royal Memorial Stadium.
Coach Mack Brown said he plans to give the team Friday, Satuday and Sunday
off, then begin game week preparations next Monday.


-----Original Message-----
From: Winters, Ricki
Sent: Thursday, September 27, 2001 1:50 PM
To: Corman, Shelley
Subject: Aeros Season Ticket Schedule

Below is the 2001 schedule for the Houston Aeros.  These tickets will be available on a priority basis for customer entertainment .

Customer Entertainment
If you have specific plans to entertain a customer, you can reserve the tickets for any upcoming game by e-mailing  me with your game selection, company and customer name.

Personal Use
Tickets for personal use will be distributed periodically for games that have not been reserved for business use.  I will  periodically e-mail  a list of  the available games.  These tickets will be distributed on a first come, first serve basis  following the email notice.   Reservations for personal usage will not be accepted in advance of the email notice.  Also, please keep in mind that tickets may be recalled if a business necessity arises.

 Please give me a call if you have any questions.

Thank you,
Ricki Winters
Assistant to Shelley Corman
ETS Gas Logistics
(713) 853-5754
ECN4107


Today we announced the appointment of Jeff McMahon as Enron's chief financial officer.  In my continued discussions with the financial community yesterday and today, it became clear that this move was required to restore investor confidence.  Jeff has unparalleled qualifications and a deep and thorough understanding of Enron.  He is already on the job and hard at work on the issues before us.  Andy Fastow will be on a leave of absence from the company.

Jeff had been serving as chairman and CEO of Enron Industrial Markets. He joined Enron in 1994 and spent three years in the London office as chief financial officer for Enron's European operations.  Upon returning to the U.S., Jeff was executive vice president of finance and treasurer for Enron Corp.  In 2000, he was named president and chief operating officer of Enron Net Works.

I know all of you are concerned about the continuing decline in our share price.  I am too, and we are working very hard to turn it around.  Appointing Jeff as CFO is one important step in that process.  But most of the solution involves just continuing to do our jobs with excellence.  The fundamentals of our business are strong, and I think the market will begin to see that as we continue to perform.

Please join me in giving Jeff your full support, and thank you for all of your continued hard work.


We are going to meet to discuss projects for Elizabeth.  She is requesting more responsibility.  Please come prepared with ideas as to how we can improve logistics with Elizabeth's help.

Thanks,
Mike


GMAT REVIEW AT ENRON

The next GMAT review course at Enron will begin Monday, November 26th:
The schedule is:
     Course # 7019-00:  Monday nights, Nov 26 - Jan 28 (no class Dec 24 or
Dec 31)

This course is identical to the courses that started in October.  It is
being offered now for the benefit of employees who would like to take the
GMAT before January 31 for the purposes of applying to business school.

Course details:
     - Class is held at Enron in room ECN560 and is restricted to Enron
		employees
     - Each course is limited to eight students
     - Meets once a week for eight weeks
     - Hours are 6:00-9:00 PM (first session will run til 10:00 pm to
          include initial exam)
     - Expect 4-5 hours of homework per week
     - Course includes a total of four practice GMAT exams
     - Ends the second week of December, allowing employees to take the
          GMAT in December and meet a January application deadline.
     - Special discount of $200 off the regular Princeton Review tuition

Enron has allowed this program to be hosted in the Enron Building for
convenience of its employees.  Individuals are responsible for paying their
own fees.  Financial support from Enron is at manager's discretion and is
subject to the usual tuition reimbursement constraints around budget and
relevance to organizational performance.

HOW TO ENROLL:
     1.  Print out the attached registration form.
     2.  Complete the form, but please note the following
          SPECIFIC INSTRUCTIONS:
          A.  Fill out the student information completely, including
               your email address.
          B.  In the Enrollment section, where it says "Please enroll
               me in GMAT Class Size-8 Course # _________",
          C.  In the Payment section:  For the course at Enron, the
               tuition is discounted by $200, to $899.
               FULL PAYMENT of this amount by credit or debit card is
required on the registration form.  Be sure to indicate complete cardholder
information.
     3.  Fax the completed form to Princeton Review at (713) 688-4746.

Faxes are time-stamped by the receiving fax machine at Princeton Review.
The first eight valid registration forms received for each course will be
honored.  Registrations received after the first eight will be placed on a
waiting
list for the course or courses indicated.  Enrollments and waitlists will be
confirmed by email.

Employees who are not able to take the course at Enron can take a course at
the Princeton Review office at the same $200 discount.
Call (800)2REVIEW to register or to receive a list of course schedules.

IMPORTANCE OF THE GMAT:
     The GMAT score is a critical part of your application to business
school.  Indeed, in many cases, it is the single most decisive statistic
that admissions offices use in evaluating applicants.  While work
experience, GPA, essays, and interviews are all important components of
your application, the GMAT is the one objective factor that you can
substantially improve in a short period of time.

THE TEXAS MBA TOUR:
     All interested Enron employees are invited to attend the Texas MBA
Tour, which will be in Houston on Wednesday, January 23. The Texas MBA
Tour, of which The Princeton Review is a partner, is a group of six business
schools that host a joint MBA panel discussion and admissions fair.  The
participating schools are Texas, Rice, SMU, Baylor, TCU, and Texas A&M.
The Princeton Review has agreed to handle registration for the event, so
call
(800) 2REVIEW to register.

http://home.enron.com:84/messaging/gmatregform.pdf


Version 2.0 of the ClickAtHome Portal is now available!
	Log into www.clickathome.net now, from work or home!

Access the PEP System through the portal!
	Choose your reviewers and fill out your evaluations in the comfort and privacy of your home!

Outlook Web Access and eHRonline will be available SOON!

The ClickAtHome portal is fully customizable for you!
	YOU choose the content on each page, as well as the look and feel!

Note: the ClickAtHome portal must be launched through an Internet Explorer browser, 5.0 or higher.


some place i can have the "Genia Salad".  Backstreet or ?

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


This will summarize our conversation this morning in which you asked if there
was a problem with your purchase of an equity investment (through a private
placement) in an internet/communications company.  My response was that Enron
prohibits the trading by employees of (i) any security on the Restricted List
maintained by the Compliance Group, (ii) any security, instrument or
commodity within that employees area of responsibility and (iii) any energy
commodity.  I suggested that you contact Donna Lowry to confirm both my
understanding and that the security in question is not on teh Restricted List.

While I did not mention it on the phone, I should point out that it would be
unwise to take a position in a competitor of Enron's that would (or might in
the future) give you control or the appearance of control or influence over
the management of that competitor.


Here is the latest version of the management presentation.  We are contining
to update and fill in the holes.  Please give myself or Don a call if you
have any questions.  Thanks
Ben