Football Commissioner 2001

Anna Kournikova Exclusive Fantasy Offer! Save 10% on Anna's
2002 Calendar! Yes 12 months of Anna!  Simply enter the
coupon code FNTSYCAL in step 5 of the checkout process to
receive your discount.  Offer expires 11/30/01.
http://www.sportsline.com/links/6/1/217/sffer1120e.cgi

http://www.sportsline.com/links/6/1/135/sffer1120tr.cgi

Attention Fantasy Fans!  Subscribe to The Sporting News
now and get 4 FREE issues! Hurry!
http://www.sportsline.com/links/6/1/224/sffer1120sn.cgi

Save $.05 a gallon on the gas that keeps your car's engine
clean. Click here to apply online.
http://www.sportsline.com/links/6/1/226/sffer1120c.cgi

Win a VIP Vegas Vacation! OR Win $600 CASH!
http://www.sportsline.com/links/6/1/223/sffer1120v.cgi

Find out how you can get a free satellite dish, with 2
Free boxes, Free Installation, Free first month, and all
the Fox Sports Channels.
http://www.sportsline.com/links/6/5/1/sffer1120s.cgi

Want to win your Fantasy League?  Our Fantasy Football
Guides are the SOURCE for strategy, player ratings,
scouting reports, team reports, projections and more!
A must have for beginners and Fantasy veterans alike.
Special in season price $9.99 .
Going Fast - Click Here!
http://www.sportsline.com/links/6/5/12/sffer1120w.cgi

Wanna be one of the first to own an Xbox(tm)? It's as
easy as going to a participating TACO BELL
. Click to
find out how to play the Win It Before You Can Buy It
Xbox(tm) Giveaway!
http://www.sportsline.com/links/6/1/163/sffer1120t.cgi

+--------------------------------------------------------------------------+
| Statistics, Scoring                               Luccis Losers, Current |
+--------------------------------------------------------------------------+

Luccis Losers Actives

PLAYER           POS SCORING                                                                       SCORE
Warner, Kurt     QB  401 PaYd (30 Pts), 3 PaTD (16,9,11) (18 Pts), 2 PaInt (-2 Pts), 1 FL (-1 Pt)  45.0
Garner, Charlie  RB  59 RuYd (5 Pts), 41 ReYd (4 Pts)                                              9.0
Staley, Duce     RB  102 RuYd (15 Pts), 31 ReYd (3 Pts)                                            18.0
Booker, Marty    WR  165 ReYd (28 Pts), 3 ReTD (28,44,66) (21 Pts)                                 49.0
Carter, Cris     WR  46 ReYd (4 Pts), 1 ReTD (1) (6 Pts)                                           10.0
Hilliard, Ike    WR  106 ReYd (15 Pts)                                                             15.0
Akers, David     K   5 FG (24,46,26,28,30) (14 Pts), 3 XP (3 Pts)                                  17.0
Ravens           DT  3 Int (3 Pts), 1 SACK (1 Pt)                                                  4.0

TOTALS                                                                                167.0

Luccis Losers Reserves

PLAYER             POS ST  SCORING                                                            SCORE
Alstott, Mike      RB  RS  1 RuTD (1) (6 Pts), 36 ReYd (3 Pts), 1 Re2P (2 Pts), 1 FL (-1 Pt)  10.0
Cleeland, Cameron  TE  RS                                                                     0.0
Hakim, Az-Zahir    WR  RS                                                                     0.0
Hayes, Donald      WR  RS  54 ReYd (5 Pts)                                                    5.0
Johnson, Rob       QB  RS                                                                     0.0
McKnight, James    WR  RS  66 ReYd (6 Pts), 1 FL (-1 Pt)                                      5.0
Parker, Larry      WR  RS                                                                     0.0

TOTALS                                                                                20.0

+--------------------------------------------------------------------------+
| NFL Reports, Player Updates                                              |
+--------------------------------------------------------------------------+

Latest NFL Player News

Shaun Alexander, RB SEA - Houston Big Ballers Updated 11/20/01
With Ricky Watters expected to miss another two to three weeks, Alexander
will remain the focal point of many contending Fantasy teams during their
charge to the playoffs. He should roll up some fine numbers against the
Chiefs this week.

Tom Brady, QB NE - Uran Man Updated 11/20/01
The Patriots will stick with Brady for now, and Drew Bledsoe will remain
the team's No. 2 QB. "I don't see any changes this week," coach Bill
Belichick said. Brady is a solid Fantasy starter right now, but add Bledsoe
to your roster as an insurance policy if you can.

Jonathan Quinn, QB JAC - Free Agent Updated 11/20/01
Quinn may have to start in place of Mark Brunell (quadriceps) again this
week. Brunell's status is still unclear for Sunday's game.

Ricky Watters, RB SEA - Grid Iron Goons Updated 11/20/01
Watters' shoulder has not sufficiently healed enough for him to practice,
says the Seattle Times. He is not expected to return for another two
to three weeks, meaning Shaun Alexander will continue to be a key performer
for many Fantasy teams as the postseason comes into view.

Doug Flutie, QB SD - President Taft Updated 11/20/01
Mike Riley told the San Diego Union-Tribune there is no QB
controversy involving Flutie and rookie Drew Brees. "Doug is going to be
our quarterback," he said. "You can talk about controversy all you want,
but there is none within this building. He is our quarterback. He will
start. He will get us the next win the next week." Still, Flutie is not
playing well enought to satisfy most Fantasy owners.

Mark Bruener, TE PIT - Free Agent Updated 11/20/01
Bruener will miss the rest of the season after undergoing shoulder injury.
His loss may adversely affect Jerome Bettis' statistics, because Bruener is
widely regarded as the best run-blocking tight end in football.

Tyrone Wheatley, RB OAK - Uran Man Updated 11/20/01
Wheatley told the Contra-Costa Times he is no longer being bothered
by a knee injury. He expects to play on Sunday.

Erron Kinney, TE TEN - Free Agent Updated 11/20/01
Kinney (calf) may play this week after missing three games. He was expected
to return to practice early this week.

Frank Wycheck, TE TEN - DRock's Beaatchs Updated 11/20/01
Wycheck (calf) will be limited in practice this week. He may be a risky
start in Week 11.

Steve McNair, QB TEN - Houston Big Ballers Updated 11/20/01
The Tennessean says McNair's hand was sore when he arrived at the
team's practice facility on Monday. Jeff Fisher now says he doesn't expect
him to miss any practice time this week.

Derrick Alexander, WR KC - C-Dawg's Boyz Updated 11/20/01
Alexander (ribs) has returned to practice. He is expected to start against
Seattle.

Marvin Minnis, WR KC - Houston Big Ballers Updated 11/20/01
Minnis (ankle) is listed as doubtful for Sunday's game. Larry Parker may
have to start in his place,

Reggie Wayne, WR IND - Free Agent Updated 11/20/01
Wayne has a sprained knee ligament, and is doubtful for Sunday's game
against New Orleans. Terrence Wilkins may have to start in his place.

Jerome Pathon, WR IND - Team Dick Updated 11/20/01
Pathon (foot) is done for the season. He will be put on injured reserve.
Reggie Wayne (knee) is also hurting, meaning Terrence Wilkins might have to
be moved back into the starting lineup.

Jay Fiedler, QB MIA - C-Dawg's Boyz Updated 11/20/01
Dave Wannstedt told the Miami Herald there is no QB controversy
surrounding Fielder and backup Ray right now. ``That's kind of
hypothetical,'' he said. ``Jay is the starter, and my only comment is we're
going to get it squared away and play turnover-free football.''

Rod Smith, WR DEN - Blue Balls Updated 11/20/01
Mike Shanahan said he does not know if Smith (ankle) will be sufficiently
healed to play in Thursday's game against the Cowboys. "We'll get a chance
to evaluate that during the week and see," Shanahan told the Denver
Post. "If he can help our football team, he'll play. If he's in a
situation where he can't perform at the level that we think can help our
team, then we'll keep him out and put somebody else in."

Benjamin Gay, RB CLE - Free Agent Updated 11/20/01
The Cleveland Plain-Dealer says Butch Davis won't indicate how much
Gay will play in the near future. "We'll try to get him involved in some of
the games," Davis said. "We'll see."

Kevin Lockett, WR WAS - Free Agent Updated 11/20/01
Lockett, who suffered a rib injury last weekend against Denver, expects to
play on Sunday against Philadelphia. However, the wide receiver has no real
value as a Fantasy player at this point.

Tony Banks, QB WAS - Free Agent Updated 11/20/01
Barring any setbacks, Banks will start Sunday's game against Philadelphia.
Banks, who suffered a concussion last weekend vs. Denver, hasn't been
feeling any after effects of the injury and should be under center for the
'Skins.

Jacquez Green, WR TB - DRock's Beaatchs Updated 11/20/01
Green (abdomen) is expected to return to practice on Wednesday at full
strength. He's been inconsistent this season, and is best used when the
matchup is favorable.

Terrell Owens, WR SF - Team Chick Updated 11/20/01
Owens suffered a sprained left knee and ankle during the overtime session
of last weekend's game against Carolina. The injuries aren't considered
serious, however, and Owens is expected to be in the starting lineup on
Sunday Indianapolis.

Cecil Martin, RB PHI - Free Agent Updated 11/20/01
Martin suffered a hamstring injury during Sunday's game against Dallas.
He'll miss a few days of practice, but is expected to play in this
weekend's game against Washington. Martin has no real value as a Fantasy
player, but he is a key blocker for Duce Staley.

 Giants, DT NYG - Team Dick Updated 11/20/01
According to the New York Post, cornerback Jason Sehorn's
surgically-repaired right knee began giving him problems again this past
weekend. In fact, the team was unsure that he'd be able to cover either
Randy Moss or Cris Carter on Monday night, but he played anyway. If he
continues to play on a bad wheel, you should consider starting any
receivers opposing Sehorn the rest of the season.

Elvis Grbac, QB BAL - Blue Balls Updated 11/20/01
The Baltimore Sun says there is no indication that Grbac will be
replaced as the team's starting QB. Still, he is not performing well enough
to start for most Fantasy teams.

Donald Driver, WR GB - Free Agent Updated 11/20/01
Driver is still dealing with a thigh injury, and is expected to miss
Thursday's game against Detroit. The reserve wideout has no real value as a
Fantasy player at this point.

 Ravens, DT BAL - Luccis Losers Updated 11/20/01
Defensive end Michael McCrary will miss the rest of the season after
undergoing knee surgery. His loss will certainly lower the sack output of
the Baltimore defense and may mean the team will allow more passing yardage
than usual.

 Cowboys, DT DAL - Free Agent Updated 11/20/01
Linebacker Dexter Coakley, who was expected to miss two weeks due to a
sprained knee, will likely get the start on Thursday after being out for
just one game. He'll help keep Denver's running game in check, but don't
expect his presence to give Dallas' defense added Fantasy value as a whole.

Emmitt Smith, RB DAL - Team Dick Updated 11/20/01
Smith (knee) will start on Thursday's game against Denver. "I'm not 100
percent, but I'm healthy enough to do my job," Smith told the Dallas
Morning Star. He'll struggle to post solid Fantasy numbers due to
Dallas' horrid passing game, so bench him this week if at all possible.

Donald Hayes, WR CAR - Luccis Losers Updated 11/20/01
Hayes suffered bruised ribs during Sunday's game against San Francisco. He
may miss some practice time this week, but he's expected to play this
weekend against Atlanta. The Falcons secondary is one of the worst in the
league, so Hayes could turn into a good sleeper pick in Week 11.

Terry Hardy, TE ARI - Free Agent Updated 11/20/01
Hardy is expected to return to practice this week after missing three games
due to shoulder injury. However, he is not certain to play on Sunday
against San Diego.

Jackie Harris, TE DAL - Free Agent Updated 11/20/01
Harris is out for Thursday's game against Denver due to a hamstring injury.
Harris has been an unreliable Fantasy player and is only worth a roster
spot in deeper leagues.

James Stewart, RB DET - Orange Roughy Updated 11/20/01
Stewart (ankle) is hopeful that he can play returned to practice and may
start Thursday's game against Green Bay. He will work his ankle extensively
in practice prior to Thursday, and is optimistic that he'll be ready to
play. If Stewart is able to go, he's worth starting in if you need a
running back for Week 11.

Fred Taylor, RB JAC - Dont Mess Updated 11/20/01
Taylor has been told by a medical specialist that he should not return to
action this weekend against Pittsburgh. In fact, Taylor could be out for an
even longer period of time than what was originally diagnosed. Taylor tore
the groin muscle completely off the bone back in Week Two, which is an
injury that normally takes about three months to heal. "It's going to be
very unfair for anyone to assume he will play any time in the immediate
future," said Taylor's agent, Drew Rosenhaus. "He's just not healthy yet.
He can't run full speed without tremendous pain. The Jaguars have done a
very good job in working him but he's still in pain." Expect Stacey Mack
and Elvis Joseph to continue splitting carries in Taylor's absence.

Bert Emanuel, WR DET - Blue Balls Updated 11/20/01
Emanuel is out for Thursday's game against Green Bay due to a sprained
ankle. In fact, the injury is so bad that Emanuel may miss the remiander of
the season, but no definitive word on his condition has been made by the
team.

Muhsin Muhammad, WR CAR - Orange Roughy Updated 11/20/01
According to published reports, Muhammad's shoulder injury will likely keep
him out of Sunday's game against Atlanta. That could mean big things for
Donald Hayes and Issac Bryd, who'll start against a questionable Falcons
secondary.

Cameron Cleeland, TE NO - Luccis Losers Updated 11/20/01
Cleeland (ankle) is doubtful for Sunday's game at New England. He'll likely
be replaced again by Boo Williams, who scored two touchdowns last week
against Indianpolis.

Quincy Carter, QB DAL - Free Agent Updated 11/20/01
According to the Dallas Morning News, Carter expects to start on
Dec. 2 against Washington. Carter, who has been out since October with a
hamstring injury, will serve as the No. 3 quarterback on Thursday vs.
Denver.

Ike Hilliard, WR NYG - Luccis Losers Updated 11/19/01
Hilliard continues to feel some soreness in his surgically-repaired toe,
and it is causing him to limp around a bit. He is still expected to start
in Monday's game against Minnesota, but playing on the artificial turf
can't be good for his injury.

Reggie Kelly, TE ATL - Free Agent Updated 11/19/01
According to published reports, Kelly (knee/ankle) should be able to return
to action this weekend against Carolina. He won't make much of a Fantasy
impact, however, so don't bother starting him in Week 11.

Chad Lewis, TE PHI - Blue Balls Updated 11/19/01
Lewis suffered a slight knee injury during Sunday's 36-3 win over Dallas.
The injury isn't considered serious, however, and Lewis is expected to
start this weekend's game against Washington.

Steve McNair, QB TEN - Houston Big Ballers Updated 11/19/01
McNair was able to play with an injury to his right thumb, but the
Tennessean says he will probably miss some practice time this week.
He should still be able to play in the team's next game.

 Packers, DT GB - Uran Man Updated 11/19/01
Safety LeRoy Butler suffered a fractured left shoulder blade during
Sunday's game against Atlanta. He is out indefinitely and could miss the
remainder of the season. Chris Akins will likely take over the starting
duties in Butler's absence.

Steve McNair, QB TEN - Houston Big Ballers Updated 11/19/01
McNair was able to play with an injury to his right thumb, but the
Tennessean says he will probably miss some practice time this week.
He should still be able to play in the team's next game.

Az-Zahir Hakim, WR STL - Luccis Losers Updated 11/19/01
Hakim left Sunday's game against New England with an ankle injury. X-rays
were negative, and Hakim is listed as day to day.

Reggie Wayne, WR IND - Free Agent Updated 11/19/01
Wayne suffered a sprained knee on Sunday. His current status is day to day.

Rod Smith, WR DEN - Blue Balls Updated 11/19/01
Smith (ankle) could not finish Sunday's game. His status for Thursday's
game against Dallas is unclear.

Terance Mathis, WR ATL - Dont Mess Updated 11/19/01
Mathis has by far his best game of the season, catching seven passes for 70
yards against Green Bay. He suffered a mild concussion in the game, but
he's expected to be fine for this weekend's contest at Carolina.

Jackie Harris, TE DAL - Free Agent Updated 11/19/01
Harris suffered a strained right hamstring during Sunday's game against
Philadelphia. He did not return to the contest, and is listed as day to
day.

Frank Sanders, WR ARI - Dont Mess Updated 11/19/01
Sanders had a huge game against Detroit on Sunday, catching seven passes
for 127 yards and a touchdown. He injured his hamstring in the game,
however, and is listed as day to day.

Quincy Carter, QB DAL - Free Agent Updated 11/19/01
Carter feels as though his hamstring has healed enough that he's ready to
return to action. However, the Cowboys will start Ryan Leaf for a few more
weeks before Carter gets his starting job back. The team wants to evaluate
Leaf in a few games this season to determine if he'll have any trade value
in the offseason.

James Jackson, RB CLE - Uran Man Updated 11/19/01
Jackson told the Cleveland Plain-Dealer it was a coach's decision
not to use him against the Ravens. Jackson had been suffering from an ankle
injury, but reports prior to gametime had indicated he might have been able
to play. With the sudden emergence of Benjamin Gay, Jackson's Fantasy value
might drop greatly.

Ryan Leaf, QB DAL - Free Agent Updated 11/19/01
Leaf had another terrible outing this weekend, but the Dallas Morning
News is reporting that he'll remain the team's starting quarterback for
the time being. However, he's no better than waiver wire fodder in Fantasy
Football.

Kevin Lockett, WR WAS - Free Agent Updated 11/19/01
Lockett left Sunday's game against Denver in the first quarter due to a rib
injury. His status for next week's game against Philadelphia is uncertain
at this time.

Tony Banks, QB WAS - Free Agent Updated 11/19/01
Banks, who suffered a concussion during Sunday's game against Denver, told
the Washington Post that there's a "definite possibility" he would
be ready in time for next weekend's game against Philadelphia. Kent Graham
would start if Banks is unable to play, but neither QB is an attractive
Fantasy option against the Eagles.

Emmitt Smith, RB DAL - Team Dick Updated 11/19/01
Smith left Sunday's game against Philadelphia with a sprained knee.
However, he is expected to be in the starting lineup when Dallas faces
Denver on Thanksgiving Day.

Larry Foster, WR DET - Free Agent Updated 11/19/01
Foster suffered an apparent leg injury during Sunday's game against
Arizona. He is listed as day to day.

Desmond Howard, WR DET - Free Agent Updated 11/19/01
Howard suffered a shoulder injury during Sunday's win over Arizona. He did
not return to the game, and is listed as day to day.

Bert Emanuel, WR DET - Blue Balls Updated 11/19/01
Emanuel suffered a knee injury during Sunday's game against Arizona. He is
listed as day to day.

Muhsin Muhammad, WR CAR - Orange Roughy Updated 11/18/01
Muhammad sprained his left shoulder in Sunday's game against the 49ers. His
status for the Week 11 game against Atlanta is unclear.

Mike Anderson, RB DEN - Really Rottens Updated 11/18/01
Anderson rushed for only 31 yards on 13 carries against the Redskins.
Olandis Gary carried the ball 10 times for 28 yards. It is apparent
Anderson is no longer worthy of a starting spot on Fantasy teams, and Gary
will continue to see some work at his expense.

Michael Westbrook, WR WAS - C-Dawg's Boyz Updated 11/18/01
Westbrook caught nine passes for 104 yards and a TD at Denver. Opposing
defenses are focusing on rookie Rod Gardner, and Westbrook is getting open
often after starting the year slowly.

Jake Plummer, QB ARI - Really Rottens Updated 11/18/01
Plummer threw for 334 yards, four TDs and was intercepted once by Detroit.
Such stellar performances are rare for Plummer, who may not have a better
game this season.

Michael Pittman, RB ARI - Dont Mess Updated 11/18/01
The awful Detroit defense limited Pittman to 81 rushing yards on 23
carries. Don't start Pittman in any upcoming weeks unless your team is very
thin at RB..

David Sloan, TE DET - Free Agent Updated 11/18/01
Sloan caught two TD passes for a total of three yards at Arizona. If you
are desperate for help at TE, consider Sloan, who always gets regular looks
from Charlie Batch.

Lamont Warren, RB DET - Free Agent Updated 11/18/01
Warren rushed for 32 yards and a TD at Arizona and caught 11 passes for 64
yards and a score. The Lions will continue to feature Warren on third downs
and near the goal line as a receiver, making him a good Fantasy backup for
the rest of the year.

Warrick Dunn, RB TB - President Taft Updated 11/18/01
Dunn caught 12 passes for 138 yards against the Bears, but he rushed for
only 12 yards and fumbled twice. Don't count on Dunn for consistently good
Fantasy numbers during the next few weeks. He can be explosive, but he is
also erratic.

Keyshawn Johnson, WR TB - Orange Roughy Updated 11/18/01
Johnson caught 12 passes for 89 yards against the Bears, but he failed to
get in the end zone again. Don't depend on Johnson down the stretch unless
your team is very thin at wideout.

David Terrell, WR CHI - Really Rottens Updated 11/18/01
Terrell caught one pass for 15 yards at Tampa Bay. The rookie wideout is
not consistent enough to start for most Fantasy teams.

Marty Booker, WR CHI - Luccis Losers Updated 11/18/01
Booker caught seven passes for 165 yards and three TDs at Tampa Bay. In his
third season, Booker has become a superb Fantasy wideout. He is a player
you must start every week, no matter what matchup he faces.

Plaxico Burress, WR PIT - DRock's Beaatchs Updated 11/18/01
The Jaguars limited Burress to one catch for 13 yards. The second-year
receiver has still not proven he can be a reliable Fantasy player.

LaDainian Tomlinson, RB SD - DRock's Beaatchs Updated 11/18/01
Tomlinson put up decent rushing numbers against Oakland, posting 68 yards
and a touchdown. His overall statistics have been down in recent weeks,
however, which may have something to do with the fact that he held out for
the entire preseason.

Hines Ward, WR PIT - Team Chick Updated 11/18/01
Ward caught nine passes for 112 yards and a TD against Jacksonville. While
he doesn't score often, Ward has become a very solid receiver for
Pittsburgh this year, and he will always post respectable totals.

Doug Flutie, QB SD - President Taft Updated 11/18/01
Flutie's recent struggles continued against Oakland, throwing for only 98
yards on Sunday. Unless he faces a good matchup, starting Flutie is
becoming somewhat of a gamble.

Stacey Mack, RB JAC - DRock's Beaatchs Updated 11/18/01
Mack was held to six rushing yards on eight carries at Pittsburgh. He has
not been a reliable back for the Jaguars or Fantasy owners this season.

Rich Gannon, QB OAK - Team Chick Updated 11/18/01
Gannon had a solid outing against San Diego, throwing for 311 yards and
four touchdowns. He's one of the top five Fantasy quarterbacks in the
league and is a must-start every week.

Jerry Rice, WR OAK - Team Chick Updated 11/18/01
Rice had a huge game on Sunday, catching eight passes for 131 yards and
three touchdowns against San Diego. Rice may not be an every-week starter
in smaller leagues, but he can certainly still put up huge Fantasy numbers
when the matchup is right.

Tony Banks, QB WAS - Free Agent Updated 11/18/01
Banks was carted off the field in the second quarter of Sunday's game at
Denver with a concussion. He was replaced by Kent Graham.

Brett Favre, QB GB - Dont Mess Updated 11/18/01
Favre threw for 262 yards and two TDs against the Falcons, but he was
intercepted three times and lost a fumble. Despite some inconsistent play
in recent weeks, Favre's potential for big games makes him a must-start
every week.

Corey Bradford, WR GB - Free Agent Updated 11/18/01
Bradford caught three passes for 117 yards against Atlanta. The Green Bay
wideout is still too inconsistent to be considered a solid Fantasy player.

Chris Chandler, QB ATL - Orange Roughy Updated 11/18/01
Chandler started at Green Bay, and threw for 352 yards, two TDs and two
interceptions. He remains a good Fantasy backup when healthy.

Bob Christian, RB ATL - Free Agent Updated 11/18/01
Christian rushed for 40 yards and caught five passes for 62 yards at Green
Bay. The Falcons are using him more often, and Christian makes a good
backup RB right now.

Elvis Grbac, QB BAL - Blue Balls Updated 11/18/01
Grbac threw for 261 yards, two TDs and was intercepted four times by the
Browns. The veteran QB has been a big disappointment this year and should
not start for most Fantasy teams.

Jason Brookins, RB BAL - Houston Big Ballers Updated 11/18/01
Brookins rushed for 89 yards on 21 carries against the Browns. The rookie
is a servicable, yet unspectacular Fantasy player who should give you some
occasional TDs down the stretch.

Tim Couch, QB CLE - Team Chick Updated 11/18/01
Couch threw for only 144 yards and was intercepted three times at
Baltimore. The Cleveland QB appears to be a risk even as a Fantasy backup
right now.

Benjamin Gay, RB CLE - Free Agent Updated 11/18/01
Gay saw his first extensive action of the year, carrying the ball 18 times
for 56 yards and a TD at Baltimore. He displayed good vision and lateral
quickness, and Gay is definitely worth picking up if you need help at RB.

James Jackson, RB CLE - Uran Man Updated 11/18/01
Jackson (ankle) did not play at Baltimore. Benjamin Gay and Jamel White
shared carries in his place.

Lamar Smith, RB MIA - Texas Terminators Updated 11/18/01
Smith rushed for only 53 yards on 19 carries against the Jets. Smith
appears to be mired in mediocrity right now, and he is a risky start unless
you lack depth at RB.

Chris Chambers, WR MIA - Texas Terminators Updated 11/18/01
The rookie wideout caught only two passes for 25 yards against the Jets.
Chambers is still too inconsistent to start for most Fantasy teams.

Santana Moss, WR NYJ - Grid Iron Goons Updated 11/18/01
Moss made his pro debut on Sunday, but did not catch a pass and was stopped
for a six-yard loss on his one carry. The rookie has missed too much time
to make a Fantasy impact this season.

Richard Huntley, RB CAR - Orange Roughy Updated 11/18/01
Huntley actually had a good outing against San Francisco, posting 94
scrimmage yards and a touchdown. However, he's far too inconsistent to
start on a weekly basis.

Chris Weinke, QB CAR - Houston Big Ballers Updated 11/18/01
Weinke started Sunday's game against San Francisco after missing last
week's game due to a shoulder injury. He put up decent numbers, throwing
for 177 yards and two touchdowns in Carolina's 25-22 OT loss.

Wayne Chrebet, WR NYJ - Dont Mess Updated 11/18/01
Chrebet did not catch a pass at Miami. The Jets' wideout is no longer
worthy of a starting spot on Fantasy teams.

Garrison Hearst, RB SF - Really Rottens Updated 11/18/01
Hearst had another strong game, posting 113 scrimmage yards against
Carolina. His comeback from a serious ankle condition is nothing short of
miraculous, and he's actually been a reliable Fantasy player over the last
two weeks.

Alex Van Pelt, QB BUF - Free Agent Updated 11/18/01
Van Pelt threw for 316 yards, two TDs and no interceptions against the
Seahawks. He did lose a fumble, but Van Pelt got solid protection for most
of the game and will be a respectable Fantasy backup while he fills in for
the injured Rob Johnson.

Jeff Garcia, QB SF - C-Dawg's Boyz Updated 11/18/01
Garcia had another huge game, posting 305 yards and three touchdowns
against Carolina. He's been one of the top three Fantasy quarterbacks this
season, and may even be more valuable than Peyton Manning at this point.

Peerless Price, WR BUF - DRock's Beaatchs Updated 11/18/01
Price caught 10 passes for 138 yards and a TD against Seattle. He has
clearly become Buffalo's best Fantasy player this season.

Matt Hasselbeck, QB SEA - Texas Terminators Updated 11/18/01
Hasselbeck threw for 134 yards, one TD and no interceptions at Buffalo. The
Seattle QB is making less mistakes, yet he doesn't help Fantasy teams much,
either.

Jon Kitna, QB CIN - Blue Balls Updated 11/18/01
Kitna put up 234 yards passing and a touchdown against Tennessee, but two
interceptions made his performance mediocre. He's no better than a reserve
Fantasy player at this point, best used when the matchup is right in a
deeper league.

Koren Robinson, WR SEA - Orange Roughy Updated 11/18/01
Robinson caught two passes for 15 yards at Buffalo, including his first
career TD, a seven-yarder. Robinson is slowly improving, but still does not
produce enough to be a reliable Fantasy player.

Corey Dillon, RB CIN - Texas Terminators Updated 11/18/01
Dillon was held in check by Tennessee, rushing for only 38 yards on Sunday.
However, with all the injured running backs around the league this season,
Dillon is still a must-start on a weekly basis.

+--------------------------------------------------------------------------+
| Standings, Summary                                               Current |
+--------------------------------------------------------------------------+

AFC Division

TEAM               W  L  T  PCT    BACK STRK DIV    WKS  PF     BACK   PA
President Taft     9  1  0  0.900  0.0  W6   5-1-0  0.0  812.0  292.0  587.0
Really Rottens     5  4  1  0.550  3.5  L1   3-2-1  0.0  714.0  390.0  750.0
Team Chick         3  5  2  0.400  5.0  W1   1-4-1  1.5  880.0  224.0  951.0
C-Dawg's Boyz      4  6  0  0.400  5.0  L2   4-2-0  1.0  851.0  253.0  925.0
Uran Man           3  7  0  0.300  6.0  L2   1-4-0  0.0  750.0  354.0  878.0
Texas Terminators  3  7  0  0.300  6.0  L1   2-3-0  0.0  688.0  416.0  1002.0
Dont Mess          3  7  0  0.300  6.0  L4   3-3-0  0.0  657.0  447.0  717.0

NFC Division

TEAM                 W  L  T  PCT    BACK STRK DIV    WKS  PF      BACK   PA
Blue Balls           8  2  0  0.800  0.0  W5   5-1-0  2.5  1104.0  0.0    818.0
Luccis Losers        7  3  0  0.700  1.0  W1   5-1-0  0.0  832.0   272.0  664.0
Grid Iron Goons      5  4  1  0.550  2.5  W2   3-2-0  3.0  939.0   165.0  869.0
Houston Big Ballers  5  5  0  0.500  3.0  L1   2-4-0  0.0  927.0   177.0  917.0
DRock's Beaatchs     5  5  0  0.500  3.0  W1   3-3-0  1.0  789.0   315.0  785.0
Team Dick            4  6  0  0.400  4.0  L2   1-4-0  0.0  846.0   258.0  849.0
Orange Roughy        4  6  0  0.400  4.0  W2   1-5-0  1.0  760.0   344.0  837.0

+--------------------------------------------------------------------------+
|        Copyright 2001 Commissioner.COM Inc and SportsLine.com Inc.       |
|   Your site is always at http://football.fantasy.sportsline.com/getbad   |
+--------------------------------------------------------------------------+

FB10SP


Start Date: 1/20/02; HourAhead hour: 13;  HourAhead schedule download failed. Manual intervention required.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002012013.txt
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
Error: dbCaps97Data: Cannot perform this operation on a closed database
Error: dbCaps97Data: Cannot perform this operation on a closed database
Error: dbCaps97Data: Cannot perform this operation on a closed database
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
!!!Unknown database.
Alias: dbCaps97Data
Error: dbCaps97Data: Cannot perform this operation on a closed database


Thanks.

ckm


Hi there,

Please look this over, spell check, print and fax two copies to me, as we
will be signing this doc this afternoon.

Ciao,

Kay


How does the VNG GSS work?

AND, Jerry and Barbara are coming to Houston tonight.  They want to go to P F
Changs.  Jerry said they would leave around 6:00 Pm putting them here around
6:45 to 7:00PM.  Of course you are invited and I told him I would let him
know where to meet us when they hit the road.

Questions?


Hi Tana,
I am not sure if a Christopher Defilippo from Dresdner has been in touch with
you regarding internet access agreement with Dresdner on their "Pirhanna"
dealing system.

If this is a straight fwd document, we wouldn't mind gaining access to their
fx dealing website as a balance to UBS site.
If it is not straightforward, please disregard their request and lf you
wouldn't mind letting me know so I can say thanks but no thanks to Dresdner
online trading query.... As you can guess this is currently a  low-level
priority .....
Thanks for your time,
Darren


I hope that there is no more confusion!

The opening of each brokerage account should require two signatures for
control purposes.  ONE of those signature MUST BE either of Ted Murphy or
Rick Buy (their titles frequently change but check the Enron Corp. corporate
workbook).  The SECOND signature MUST BE an officer of the entity opening the
account.  We suggest the level of authority used by ENA but certainly
whatever appears in the entity's unanimous consent or resolution authorizing
the opening of brokerage accounts.  I think that Marie previously sent you a
form.  Let us know if you have any questions.

What is the timing on the Enron Brazil Power Holdings XII Ltd. account?

Regards.  Sara

Nancy Muchmore@ENRON_DEVELOPMENT
10/08/99 11:48 AM
To: Marie Heard/HOU/ECT@ECT
cc: Sara Shackleton/HOU/ECT@ECT, Robert H
George/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Bruce
Harris/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: Re: brokerage account

I guess I meant Enron South America generally--Enron Brazil Power Holdings
XII Ltd. is one of its companies.  I think you answered my question on a
general basis--thanks very much.  Sorry if I confused you.

Also, I need to know if anyone from ENA needs to be appointed in addition to
ESA people.

Robert:  Who at Enron South America should be appointed?

Nancy

Marie Heard@ECT on 10/08/99 11:35:17 AM
To: Nancy Muchmore/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Sara Shackleton/HOU/ECT@ECT, Robert H
George/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Bruce
Harris/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: Re: brokerage account

Nancy,

I am confused by your e-mail.  I thought the brokerage account was going to
be opened for Enron Brazil Power Holdings XII Ltd., not Enron South America.
We typically require any one of the President, any Managing Director or the
Vice President, Finance and Treasurer, together with any one of the Managing
Director, Legal, Rick Buy or Ted Murphy.  Of course, the level of officers
may vary from entity to entity.

Marie

Nancy Muchmore@ENRON_DEVELOPMENT
10/07/99 03:35 PM
To: Marie Heard@ECT
cc: Sara Shackleton@ECT, Robert H George/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: brokerage account

Marie:  Who are the people you normally appoint to sign, etc., on brokerage
accounts?  Should Enron South America consider using the same people in order
set up this account?  We could then appoint Enron South America people
later.  Thanks.  Nancy
---------------------- Forwarded by Nancy Muchmore/ENRON_DEVELOPMENT on
10/07/99 03:35 PM ---------------------------

Robert H George
10/07/99 03:16 PM
To: Nancy Muchmore/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:

Subject: brokerage account

---------------------- Forwarded by Robert H George/ENRON_DEVELOPMENT on
10/07/99 06:17 PM ---------------------------

Patrick H Hickey@ECT
10/07/99 11:32 AM
To: Bruce Harris/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Robert H George/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: brokerage account

I spoke with Ted Murphy regarding setting up the brokerage account for the
Copel shares.  He indicated that the easiest thing to do is coordiante with
Sara Shackelton (ECT finance lawyer).  Typically, she sets up the paperwork
and Ted (or Rick) signs off on setting up the account (she has done this many
times).  Robert may have already done this or it may not be necessary in this
case - I will leave that up to him.  Regardless, Ted (or Rick) does need to
be one of the people who sign the documents.  Sorry for the delay.

Patrick


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/28/2000
04:31 PM ---------------------------

chemat@softel.gda.pl on 01/28/2000 03:12:41 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject:

Czesc Ludmilo,Wicku i Wicusiu

Co slychac. W Polsce zimno, ponuro, w Gdansku aktualnie odwilz, co  sprzyja
grypie. Uciekamy przed grypa na tydzien do Bialki Tatrzanskiej pod
Zakopanem. Bylismy tam w zeszlym roku przez 4 dni w zimie i bardzo nam sie
podobalo. Gory w zimie sa naprawde piekne. Bylismy pierwszy raz w zimie w
gorach od 25 lat.
Bardzo bedziemy chcieli wpasc jutro do Pabianic (albo  w drodze powrotnej do
Gdanska). Nie wiem, czy to sie uda, bo wieczor zapada bardzo wczesnie, a ja
nie moge jezdzic w nocy. Latwo sie mecze i szybki zasypiam .Bylem u Twoich
dziewczyn we wrzesniu, przypominalem sobie stare czasy jak nocowalismy u Was
z rodzicami, ojciec siedzial na lezaku pod jablonia. Ech.
Bylo, minelo.Slyszalem, ze Wicusiowi idzie nadzwyczajnie. Pamietam, jakim Ty
byles ulubienicem taty (Peptydy w Juracie, pamietasz).
Michal ze swoja narzeczona wybiera sie w lecie do Ameryki. Chcialby
podszkolic sie w angielskim i przy okazji troche popracowac. Oboje studiuja
medycyne na trzecim roku. Jak myslisz, mogliby znalezc prace w Houston ? Czy
moglbys im w tym pomoc ? Oni chcieliby tylko znalezc prace, nie chca Was w
niczym absorbowac.
Co o tym myslisz ?
Jak bedziesz znowu w Polsce, daj znac. Musze z przyjemnoscia powiedziec, ze
poglady polityczne Eli, Jadzi i nasze sa identyczne. Nawet nie mamy sie o co
poklocic. Generalnie sie zgadzam  z Balcerowiczem, ale uwazam, ze
reforma zdrowia jest do d.  Doznajemy tego na wlasnej skorze.
Trzymajcie sie cieplo i do uslyszenia.
Pa,pa Adam T. chemat@softel.gda.pl


All:

FYI, tomorrow I should receive turbine contracts for the 3 GE 7FAs being sold
by Site. Please see the e-mail below from Sithe's advisor regarding the
transaction schedule. Kay and I plan to initially review the contract, and I
have a technical team (Booth / Rose) ready to review the contracts as well.

From an accounting / finance perspective, I am interested in how we should
proceed given the circumstances. Kay and my initial plan is to review the
contracts from a technical / legal / commercial perspective and submit a
revised indicative number by Tuesday in consultation with Duran. Between now
and then, it would be helpful to know from accounting / finance how we should
proceed given that we are in a bidding situation (with I'm told three other
bidders). Herman / Rose / Lisa - please let me know your thoughts on this.

Chip - I would like Chris Booth to work with you on putting a draft DASH
together.

In the meantime, I will forward turbine contracts to everyone as soon as I
receive them.

Regards,

Ben

 -----Original Message-----
From:  MKolman@rcgroup.com@ENRON
[mailto:IMCEANOTES-MKolman+40rcgroup+2Ecom+40ENRON@ENRON.com]
Sent: Thursday, May 31, 2001 2:40 PM
To: Ben.F.Jacoby@enron.com
Subject: Re: GE Turbines

Ben:

Per our conversation today, the turbine contract and LTSA are being sent
via Fed Ex to your office in Houston.

Final bids are due next Tuesday, June 5th via fax to 781-270-0055.  Bids
should include best price and a closing schedule (date by which bidder will
have all internal approvals necessary to enter into a binding agreement
with Seller subject only to consent from GE).

Thanks again for you patience and please call me if you have any questions,

Michael

================
Michael A. Kolman
Principal
Navigant Capital
(781) 564-9774 (direct)


CALENDAR ENTRY:	APPOINTMENT

Description:
	2001 Budget - 4102

Date:		7/28/2000
Time:		10:30 AM - 12:00 PM (Central Standard Time)

Chairperson:	Outlook Migration Team

Detailed Description:


Mark, David Robyn & Liz,

If you need cash, but don't want to sell stock or options, I have a  possible solution.  I am currently waiting for approval for a Line of  Credit (LOC) at PaineWebber.  I don't know how much each of you has  there, but I have all of my assets (stocks) held there, which includes managed  accounts (i.e., Cypress Asset & TCW).  If you need funds for something,  such as a private investment, a new car or to pay down some other  more costly debt, then you can draw on this LOC up to 65% the value of the  collateral.  The terms of the LOC does not allow for the purchase public  equities (stocks).  I will say that we are getting the "family special" on  this, because this would typically only be offered to clients that had tens of  millions with PaineWebber.

The LOC terms are the following:
(1)  Must have combined assets > $550,000 held at  Painewebber (must be marketable securities, excludes PaineWebber alternative  investments)
(2)  Rate is 30 day-LIBOR plus 45 basis points (same rate  for KLL/LPL)
(3)  65% LTV

Alternatively, you can borrow on your margin account there if you already  have one.  However, the LTV is only 50%.

I notified Ann Bennett (PaineWebber) today that this might be of  interest for some of you.  You can call her directly at 713-957-7042 to set  this up.  I would be happy to discuss this further with any of you.

Beau


I certainly haven't seen anything and there is nothing in our database - you
might check with Shari Stack (I'm in Portland until Wed.).

Paul Simons
03/06/2000 10:37 AM
To: Mark Taylor/HOU/ECT@ECT
cc:
Subject: EnronCredit/Deutsche Bank

Mark

Hope all's well.

Has a collateral document shown up in Houston from Deutsche in connection
with trading credit with them? Thanks

Paul
---------------------- Forwarded by Paul Simons/LON/ECT on 06/03/2000 16:32
---------------------------

Bryan Seyfried
29/02/2000 09:26
To: Edmund Cooper/LON/ECT@ECT, Paul Simons/LON/ECT@ECT
cc:

Subject: EnronCredit/Deutsche Bank

Where do we stand on this?
---------------------- Forwarded by Bryan Seyfried/LON/ECT on 29/02/2000
09:27 ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  John_Wake@JLTGroup.Com                           29/02/2000 09:25

To: Bryan.Seyfried@enron.com
cc:

Subject: EnronCredit/Deutsche Bank

Brian - DB is keen to open a discussion re credit enhancement, but has not
received any feedback on the proposed Confidentiality Letter, which was sent
to Paul Simons. Please could you chase it up.

John Wake
JLT Risk Solutions Ltd.
Tel: +44 20 7558 3756
Fax: +44 20 7528 4500
Mobile: +44 385 735164
email: john_wake@jltgroup.com

********************************************************
JLT Risk Solutions Ltd
6 Crutched Friars, London EC3N 2PH. Co Reg No 1536540
Tel: (44) (0)20 7528 4000   Fax: (44) (0)20 7528 4500
www.jltgroup.com
--------------------------------------------------------
The contents of this e-mail as received may not be a
complete or accurate version of that sent. If you
consider that the contents are material to the formation
of a contract or you are otherwise relying upon its
accuracy, you may wish to request a copy be sent by
facsimile or normal mail. The information in this e-mail
is confidential and may be privileged. If you are not
the intended recipient, please destroy this e-mail and
notify the sender immediately - you should not retain,
copy, distribute or use this e-mail for any purpose, nor
disclose any of its contents to any other person.
********************************************************


FYI -

I received a call from Ryan Youngblood of Kona Ltd. (281-820-7889) requesting the return of the letter of credit Kona posted to ENA in connection with an ISDA Master Agreement.


As indicated in my previous email, please find attached comments to the
Enron Guaranty.

Thank you for your assistance and we look forward to hearing from you.

Regards-
Rose Liu

 - fax1.tif


http://www.consultrci.com

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

TrueQuote completes connection to EnronOnline and receives equity investment
from PG&E. Find out more about SCIENTECH'S E-Commerce InfoGrid at:
http://www.consultrci.com
************************************************************************
===============================================================
SCIENTECH IssueAlert, October 19, 2000
Market Manipulation or Fair Earnings in California? Enron, Dynegy Report
Huge Profits
By: Will McNamara, Director, Electric Industry Analysis
===============================================================
As energy companies report third quarter earnings, many active as wholesale
providers are announcing huge profits. For instance, Enron Corp. and Dynegy
have both reported over-the-top earnings for the third quarter, reaping
the benefits of skyrocketing energy prices and a continued focus on asset
expansion. Both companies benefited from high energy prices this summer,
especially in California where electricity prices soared to record levels,
resulting in a doubling and tripling of the generation part of power bills
for San Diego Gas & Electric Co. (SDG&E) customers. At the same time that
these companies are reporting huge earnings, accusations have been leveled
that generators and trading companies "manipulated the production of power
from June through August to create a false shortage and push up prices."

ANALYSIS: First, let me say that I am not picking on Enron and Dynegy.
They just happened to release their Q3 earnings comparatively early, opening
themselves up for evaluation. According to the California Energy Commission,
other non-utility owners or traders of power in California include Calpine,
Destec, Duke, Reliant, Southern, and Williams, who altogether own about
40 percent of the generation in the state (compared to the 15 percent owned
by California's three investor-owned utility companies). As additional
3Q financial statements are released, I would expect any company that is
active on the wholesale market to report a significant increase in earnings,
reflective of the summer price volatility. Even a mid-size utility like
the Public Service Company of New Mexico (PNM) has posted whopping profits
for Q3, which it attributed directly to the "scalding wholesale electric
market in the Western United States."

With that said, let's take a look at the numbers that we have for the big
players, which are startling. Enron's recurring net income, up 31 percent,
rose to $292 million, or 34 cents a share, compared with 1999 third quarter
earnings of $223 million, or 27 cents a share. By its own admission, sales
in Enron's four business units*wholesale energy operations and services,
retail energy services, transportation and distribution, and broadband
services*grew nearly $30 billion in the third quarter alone. The income
before interest, minority interests and taxes (IBIT) reported by Enron's
wholesale group increased 66 percent in 3Q to $627 million from $378 million
a year ago. The commodity sales and services business increased IBIT to
$404 million in 3Q compared to $172 million last year. CEO Kenneth Lay
says he is "very optimistic about the continued strong growth" of the company.
Over at Dynegy, they are singing the same happy tune. Dynegy reported
recurring
net income of $176.5 million, or 55 cents a share, compared with Dynegy
/ Illinova pro forma recurring net income of $96.5 million, or 32 cents
per share, for the same period last year. Much of this growth is coming
from Dynegy Marketing and Trade, whose reported net income increased to
$141.9 million*80 percent of the company's consolidated net income.

While neither Enron nor Dynegy has mentioned California in their explanations
of the strong Q3 earnings, clearly the high prices in the state must have
played a large role in the companies' profits. I think most everyone was
expecting any company active in wholesale trading to show strong numbers
in the third quarter, based on the high prices in California alone, but
the extent of the increase is really stunning.

The short answer for the price spikes has been that demand in the state
increased to unanticipated highs, while supply became stretched to meet
the power needs. Going a step further, limited transmission lines, the
fact that no new (significant) power plants have been built in almost two
decades, and a 3-percent increase in demand drove costs up in California
instead of down. Exacerbating the already tight supplies was the fact that
some 2,220 MW of generation, mostly in Southern California, was unavailable
during the summer months due to power plant mechanical failures. Plus,
growing demand in Arizona and lower hydroelectric production in the Pacific
Northwest also contributed to the squeeze in supplies on which California
could rely.

Customers of SDG&E were hit hardest of all as the utility had paid off
its stranded costs, removing a rate freeze and exposing customers to
market-based
prices. Customers of the other two California IOUs*SCE and PG&E*were protected
because they were still under a rate freeze. However, the utilities themselves
claim to have also suffered from the price spikes as they buy a great deal
of their power on the wholesale market. Due to limited supplies, PG&E and
SCE were forced to pay market prices for power but yet were unable to increase
their customers' rates. For instance, PG&E claims it was paying $0.18/KWh
for energy when by law it could only charge customers $0.055/KWh, leaving
it with an estimated $2.7 billion debt that it is petitioning the CPUC
to bill back to customers.

All of this has been characterized as the "fiasco in California," leaving
many to conclude that the market in the state is not workably competitive.
The only clear winners in the situation were the wholesale providers, who
appeared to simply benefit from the low supply and high demand cycles that
drove California this summer.

The California Power Exchange, the state's power auction through which
all power is traded,  issued a recent report acknowledging that, while
the state's electricity market is severely flawed, it could find "no pattern
of abuse by any group, individual or company participating in the state's
main electricity auction." Rather, the California PX maintains that the
price spikes were caused by the high demand for electricity, a lack of
new generation, higher natural-gas prices, and a drop in out-of-state
electricity
imports.

Yet, a new report initiated by a group of utilities in the Pacific Northwest,
casts doubt on this and suggests that wholesale providers actually caused
the high energy prices. A Portland-based firm that conducted a private
investigation of the California market asserts that the state had plenty
of electricity generation this summer, and that wholesale providers withheld
power to create artificially high prices. Specifically, the report*written
by economist and utility industry consultant Robert McCollough*says California
in fact had a 32-percent reserve margin, despite the high prices and the
fact that the California ISO issued repeated power emergencies all summer
claiming that the state was in a critical power shortage. In addition,
McCollough claims that demand in California was actually lower than what
was forecast by the Western Systems Coordinating Council. Using EPA data
to suggest that power plants ran below full capacity during peak times
last summer, McCollough accuses generators of voluntarily lowering their
production to drive up prices*essentially creating a market power situation
in which energy buyers are left with little choice but to pay exorbitant
prices.

The report cites Dynegy as an example. Dynegy and NRG Energy Inc. are involved
in a joint venture called Cabrillo Power, which oversees the operation
of the Encina power plant in Carlsbad, Calif.  McCollough reports that
the Encina plant operated at well below its full capacity for much of June,
even though wholesale prices were well above the generating plant's cost
of production. A representative from Cabrillo Power denied that the Encina
plant had been used to game the system in this way, and stated that, in
fact, the plant was often in danger of being shut down last summer due
to heavy output.

The response to both McCollough's and the PX's report has been very mixed.
One camp remains steadfast in claiming that western states did indeed have
a supply shortage this summer, which was the primary reason for the high
prices. People in this camp also claim that data from the EPA about power
plant emissions are questionable. On the other hand, other investigations
continue, following the same claim that generators have gamed the system.
The central question to be answered is whether or not companies that generate
and/or trade power held back power from the California PX in order to force
heavier use of real-time markets at higher prices. Certainly, wholesale
providers knew that their power had to be dispatched and understandably
they were pleased by the high price of power this summer. Yet this is not
the same thing as purposeful manipulation, which has not been officially
determined. FERC and the CPUC have been examining these claims since July,
and the California attorney general also has initiated an investigation.
At this point, there is no clear answer*only a lot of questions and one
independent report that has made questionable assertions.

===============================================================
Discover a world of utilities information in our new e-zine, SourceBook
Online. Get a free SourceBook Weekly article at:
http://www.consultrci.com/web/rciweb.nsf/Web+Pages/SBEntrance.html
===============================================================

SCIENTECH is pleased to provide you with your free, daily IssueAlert. Let
us know if we can help you with in-depth analyses or any other SCIENTECH
information products. If you would like to refer a colleague to receive
our free, daily IssueAlerts, please reply to this email and include their
full name and email address or register directly at:

http://www.consultrci.com/web/infostore.nsf/Products/IssueAlert

Sincerely,

Will McNamara
Director, Electric Industry Analysis
wmcnamara@scientech.com
===============================================================
Feedback regarding SCIENTECH's IssueAlert should be sent to
wmcnamara@scientech.com
===============================================================

SCIENTECH's IssueAlerts are compiled based on independent analysis by
SCIENTECH
consultants.  The opinions expressed in SCIENTECH's IssueAlerts are not
intended to predict financial performance of companies discussed or to
be the basis for investment decisions of any kind.  SCIENTECH's sole purpose
in publishing its IssueAlerts is to offer an independent perspective regarding
the key events occurring in the energy industry, based on its long-standing
reputation as an expert on energy and telecommunications issues.

Copyright 2000.  SCIENTECH, Inc.

If you do not wish to receive any further IssueAlerts from SCIENTECH, please
reply to this message and in the body of the email type "remove."


Michelle,

As a follow on to our previous correspondence on this matter, Enron Metals and Commodity Ltd. (EMCL) has entered into an Incentive Scheme with employees working on EMCL business. I know that an issue has been raised about payment of incentives to employees on the North American payroll, but we have not received further clarification on the matter, so I would like to send you the "Document" which lists out who is included (by location and payroll) and what the definition of the Scheme is. To do this, I need your Fax Number. I am in the office today, but do not plan on being here tomorrow, so if you could send it to me this AM.

Thanks,

DCL


See revised version per Board Meeting discussion. Also see LL&R meeting announcement.


Done, I think.

	From:  Scott Mills                           12/28/99 06:00 PM

To: Chris Germany/HOU/ECT@ECT
cc:
Subject: Storage Deals In Need of Meters

FYI -The first four deals below are in need of meters in order to bridge to
Unify.  Ignore the bottom two deals.  Sylvia is adding the contracts now

SRM (x33548)


Reward in Anthrax Investigation Doubled to $2.5 Million

http://www.abcnews.go.com

ABCNEWS.com:  Up to the Moment, Up to You (tm)
http://abcnews.go.com
---
You received this mail because you subscribed via ABCNEWS.com. If you would like to stop receiving these mailings, log into our mailcenter at http://login.mailpref.go.com/unsubscribe .

Please do not respond to this mail. Questions or comments can be submitted at
http://abcnews.go.com/service/help/abccontact.html


Barbara,

Sorry to have missed the dinner. I had to work on Sunday to prepare
for my trip to London this week. I called Jeff about it and he said that he
would let you know.

Vince

Barbara Ostdiek <ostdiek@rice.edu> on 03/16/2001 03:11:04 PM
To: jfleming@rice.edu, david Ikenberry <daveike@rice.edu>, kanatas
<kanatas@rice.edu>, Vince.J.Kaminski@enron.com
cc:
Subject: Jorion dinner

Hello

The dinner with Philippe Jorion is scheduled for 6:30 Sunday evening at
Churrascos.  Dave will bring Philippe to the restaurant.

Thanks.

bbo


The purpose of this email is to remind you of your stationary orders from last week.  We have yet to receive approval for part or all of your respective orders.  Please approve and fax your proofs back to 713-646-2507 so we may expedite your order.  If you need a proof, please reply to this message with a valid fax number.  Thank you for your time.

Mark


why?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 19, 2001 11:42 AM
To:	Nelson, Michelle
Subject:	RE:

yes i am

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 11:41 AM
To:	Maggi, Mike
Subject:	RE:

no you are not.

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 19, 2001 11:39 AM
To:	Nelson, Michelle
Subject:	RE:

im going to call ny and tell them you should really go up there now

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 11:37 AM
To:	Maggi, Mike
Subject:	RE:

ok you are boring!

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 19, 2001 11:37 AM
To:	Nelson, Michelle
Subject:	RE:

nope

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 11:34 AM
To:	Maggi, Mike
Subject:	RE:

i'm funny.  don't you think?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 19, 2001 11:34 AM
To:	Nelson, Michelle
Subject:	RE:

jerk

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 11:31 AM
To:	Maggi, Mike
Subject:	RE:

ya think?


Paul

Further to our conversation on the telephone earlier this week, attached is
the information you require. If there is any further information please you
need please do not hesitate to contact me.

Regards

Marcus


---------------------- Forwarded by Ami Chokshi/Corp/Enron on 10/18/2000
09:31 AM ---------------------------

Rita Wynne@ECT
10/18/2000 08:11 AM
To: Sherlyn Schumack/HOU/ECT@ECT, Tom Acton/Corp/Enron@ENRON, Julie
Meyers/HOU/ECT@ECT, Ami Chokshi/Corp/Enron@ENRON
cc: Kristen J Hanson/HOU/ECT@ECT

Subject: Something new for Entex-Yeah!!!

FYI...........
---------------------- Forwarded by Rita Wynne/HOU/ECT on 10/18/2000 08:09 AM
---------------------------

Janet H Wallis
10/18/2000 07:53 AM
To: Paul Couvillon/Corp/Enron@Enron, Rita Wynne/HOU/ECT@ECT, Karen
Lindley/Corp/Enron@ENRON
cc:
Subject: Something new for Entex-Yeah!!!

Paul, please pass this on to anyone who would need to know.  Beginning
September 00 and continuing for one year, ENA is buying production tied
directly
into Entex's pipeline system.  The Company we are purchasing from is Osborne
Oil and we are selling directly to Entex under the big contract at IF plus
+.769.

This meter will be allocated by a third party and the meter statement will be
sent to us and Entex.  We will bill & pay off of the meter statement (if this
is not possible or reasonable, let me know).   See attached pricing for
Osborne.

I would like the person whom is paying osbourne to contact me.

Thanks,
J


Anjam:

11:30 works for me. Give me a call.

Grant.


I guess someone thought of this again.  I'll wait to see what Ben says.

This is when I'm out of town, which is fine by me.

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 03/06/2001 11:31
AM ---------------------------

Fred Mitro@ECT
03/06/2001 11:11 AM
To: Ben Jacoby/HOU/ECT@ECT
cc: Chris Booth/NA/Enron@Enron, Rebecca Walker/NA/Enron@Enron, Raimund
Grube/Corp/Enron@ENRON, Kay Mann/Corp/Enron@Enron

Subject: Re: LM6000 Closing Dinner

I would suggest the week of the 19th through the 23rd. Wednesday and Thursday
evenings work well for business dinners/socials.

I have always enjoyed Americas, Churascos, or Cafe Annie for business
gatherings.  I think that we should invite the Coral folks just to keep the
night interesting (we can also talk with them about other transaction
opportunities - they may be in the market for additional projects).

Have any steps been taken to plan this event?  I can call John Jones at
Intergen to run the concept and dates past him.  Let me know.  I am in the
office until 2 pm on Wednesday and then on vacation on Thursday and Friday.

Fred

	Enron North America Corp.

	From:  Ben F Jacoby                           02/13/2001 11:15 AM

Sent by: Ben Jacoby
To: Fred Mitro, Chris Booth, Raimund Grube, Rebecca Walker, Kay Mann, Stuart
Zisman
cc:
Subject: LM6000 Closing Dinner - It's About Time!

Folks:

I'd like to get everyone together for a closing dinner around the 1st of
March or so to commemorate the closing of the Intergen LM6000 deal. Other
people I'd like to invite include: Kevin Presto, Janet Dietrich, Lee Johnson,
Carolyn Campbell, John Keffer, George Kuchbach (sp?), John Jones, Doug
Pedigo, and Chris Colbert. We can also use this as an opportunity to talk to
Intergen about other transaction opportunities. Any thoughts on whether we
should invite the Coral folks?

 Please let me know your availability, and of any restaurant recommendations.

Thanks,

Ben


All:  It appears that this is the group which can best address the
(derivatives) issues which may arise when Enron Corp. attempts to enter into
equity swaps/options/forwards based upon Enron Corp. stock.  We have all
undertaken to provide the group with the following items:

(1)  "Procedures for Executing/Documenting/Unwinding Enron Corp. Equity
Derivatives"
       Clint has already circulated a draft proposal.  Comments are invited.

(2)  The transacting party:  ENA (with an Enron Corp. guaranty) or Enron
Corp.?
       Rex has no preference and credit's initial response was to consolidate
trading in ENA.  I will revisit this issue with Bill Bradford.

(3)  Enron Corp. equity trading resolution
       Rex and Jim will handle the drafting and logistics.  This will be
necessary if Enron Corp. is the trading party because the counterparty will
want to review      (and equity trading requires authorization) AND also
necessary if ENA is the trading party because equity trading requires
authorization.

(4)  Standard form of Registration Rights Agreement
       Rex and Jim will handle the drafting.  This can be used as our "form"
for future transactions.

(5)  Enron Corp. "position paper" addressing equity derivative parameters,
preferable methods of settlement, registration rights, etc.
       I have no volunteers.  Maybe Bob Baird needs an assignment.

As you know, there are several outstanding confirms which require immediate
attention before the foregoing items can be finalized.  Please let me know if
we can establish a timetable for completion of this project.  Thanks for your
help.  Sara


Hi Jim:

Yes Vince is still planning on coming.  He probably will leave
Houston at 6:00 AM.  We have already rescheduled his project
review meeting from Thursday to tomorrow, so I know he still
has it on his calendar.

Regards,

Shirley

-----Original Message-----
From: Jim Garven [mailto:James_Garven@baylor.edu]
Sent: Monday, November 12, 2001 2:13 PM
To: Crenshaw, Shirley
Subject: Baylor appointment for Vince - 11/15-11/16

Dear Shirley,

I thought it might not be a bad idea, in light of all the turmoil these
days at Enron, to doublecheck one last time to make sure that Vince is
still on for this Thursday and Friday.  I am planning on meeting him at at
around 10 a.m. in my office on Thursday.

Thanks,

Jim Garven

_________________________________________
James R. Garven, Ph.D.
Professor of Finance & Insurance
Department of Finance, Insurance and Real Estate
Hankamer School of Business
HSB 336
Baylor University
Box 98004
Waco, TX  76798

Voice: (254) 710-6207
Fax: (603) 994-6680

E-mail: James_Garven@baylor.edu
Home Page: http://garven.baylor.edu
Vita: http://garven.baylor.edu/dossier.html
Research Paper Archive: http://garven.baylor.edu/research.html
_________________________________________


Here is the latest version of the letter.  I added a column to deal with what
has been sent out to the customers
Ben


Hey! I'm so brain dead this morning I didn't even notice. But I'm sooooo glad
you had a good experience. I just think he's the nicest guy, so I bombard him
with people needing haircuts constantly. You know when I first went to him it
was because I couldn't get in to see my regular lady and he was the only
stylist who wasn't booked - now he never has a spare second! It makes me feel
like a proud mother. Thanks for letting me know.

Kate

Emily Butler
03/23/2001 10:19 AM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Ziva

Brett is awesome!
I got my haircut yesterday and I LOVE it.
Thanks so much for the recommendation!
: )  Em


Sorry,

He has told me that at least 10 times.

Pete


These articles appeared in the editorial section of the Sacramento Bee:

The inside story of why PG&E went bankrupt: Top officials of the huge utility
say they didn't think Sacramento could fix their problem.

(Published April 22, 2001)

On April 13, a week after Pacific Gas & Electric filed for Chapter 11
bankruptcy protection, Gordon R. Smith, president and chief executive officer
of the utility, and Dan Richard, vice president for public affairs, met with
The Bee's editorial board. What follows are edited excerpts from the
interview:
Bee: Why don't we start with a single-word question -- why?
Gordon Smith: Why did we file Chapter 11 [bankruptcy] a week ago today? In
all sincerity, it was the right venue for trying to resolve the financial
energy crisis facing our company. It's a means to get somewhere else from
where we were before or where we are now.
There have been a lot of statements over the last 10 months now that we've
been looking for a bailout. I think even the [Southern California] Edison
agreement reached with the governor has been viewed by some as a bailout. We
never viewed it as a bailout.
What we really wanted was the state Public Utilities Commission to follow the
law to determine the end of the rate freeze, to give a valuation of our hydro
[electric] facilities and after that, pass on the costs of wholesale power
costs to our customers. It's not our power costs. It's our customers' power
costs.
And, in fact, the PUC in the last several weeks and months has been issuing
destabilizing orders to us. You probably saw two and a half weeks ago that
they announced a 3-cent kilowatt-hour increase, which is described as
somewhere between a 40 and 47 percent rate increase. None of that money in
fact stopped with financially troubled PG&E. It went right onto the state.
In fact, as we read their orders, there was even more than that coming out of
our treasury to go to the state. That, along with a few other orders, just
said we needed to take a look at a different venue. Chapter 11 appeared to be
the best one.
Dan Richard: I think we really did lose faith that there was going to be a
solution coming out of the political process. And I have to tell you, people
in Sacramento were saying to me, "We don't believe there's the political will
to fix this problem." It was kind of startling. But there were a number of
leaders who were saying, "We don't think you're going to get there." And we
didn't think we were going to get there.
Bee: What is your evaluation of the Edison deal?
Smith: Well, I think our press release said we're delighted. We're happy to
see that they've reached a conclusion. We're still evaluating it to see what
is in it and what isn't in it, and whether or not it might be a framework for
a settlement.
Bee: The conventional wisdom I'm hearing is that Edison pretty much got
everything that it wanted. A lot of people were asking if that deal was on
the table a week before, why would PG&E not have taken it?
Smith: I don't think that deal -- and I'm speculating here so forgive me --
was on the table the week before for Edison.
Bee: How about for you?
Smith: I would speculate that our actions last Friday spurred people to work
around the clock over the weekend and for an announcement on Monday.
Richard: I think the governor actually said almost those very words.
Bee: You think he gave them a better deal to prevent them from going to
bankruptcy?
Smith: Absolutely. Yeah.
Bee: What's not to like about that proposal from a utility point of view?
Smith: We were prepared to accept many of the terms that the governor
outlined in his televised speech a week ago last night. There were things
that we wanted to have in that agreement that never appeared to show up in a
written agreement.
Bee: What was PG&E's comfort level with selling either its transmission or
its hydro to the state?
Smith: Well, it's a Sophie's choice for us. Part of the company was based on
our hydro system and our transmission system. In order to stem off where we
ended up, we were willing to put those on the table.
Bee: From your perspective, did it make more sense for the state to be in the
ownership business of the hydro or the transmission.
Smith: Not really.
Richard: Is there a third choice?
Smith: They give us a dollar, and we give them back their IOU, and not a hot
dog?
It was a currency that obviously the state is interested in, and Edison is
willing to agree to. As Dan indicated, we were willing to make a Sophie's
choice and put it on the table. But in return, we needed some things as well
to take the transaction forward that we didn't have, nor do I believe Edison
had a week ago today.
Bee: You mentioned the guarantee that wouldn't end up with another
under-collection was one of the things you wanted, and couldn't get. What
else?
Smith: You say guarantee. I guess it might be characterized like that in some
fronts. We have been forced by the state of California, either the Public
Utilities Commission or the Legislature, depending how you look at it, to be
out of the generation business. The public policy of the early or middle '90s
was to get the utilities out of the vertically integrated business.
All right. We sold power plants. The ones that we held had a reduced return
in equity on them. What we really want is some assurances for what we
purchase will be passed through. No business can stay in business if it can't
pass on the wholesale costs.
Bee: What else did you need?
Smith: For a deal with the state?
Bee: Yes.
Smith: I'm really not in a great position to speculate on all the gives and
gets on that. But we wanted, as Dan indicated, a transaction that would be
enduring. We wanted guidelines. We wanted assurances that when we gave up
billions of dollars, there would, in fact, be a transaction....
Bee: So is it possible that you could look at the Edison deal, decide that
it's wonderful and you wished they had offered it to you, and have it applied
through bankruptcy?
Richard: As part of our reorganization plan.
Bee: Meanwhile, the Legislature could reject it for Edison and you guys could
get it and they'd be out in the cold.
Smith: Write that down. (Laughter.)
Smith: It may very well be a solution. But as Dan indicated, our
reorganization plan, at the end of the day, has to have a comprehensive
solution for paying power costs going forward as well as recovering the power
costs in the past.
Bee: You've had a week now to pick it over. Have you seen anything in that
deal that is off-putting to you, a deal-breaker?
Richard: You'll have to excuse us if we decline to comment on that. If we did
comment on that, it would look like we were either trying to push it through
or push against it in some way. The governor and Edison are going to present
that deal to the Legislature, and the Legislature is going to view it and I
think what we're trying to say is we're not closing doors to anything. We're
just in this venue and this venue doesn't foreclose any possibilities.
Smith: Chapter 11 is not an end to itself. We would like to get out of it as
soon as practical.
Bee: Can I ask about the gas side? When you hear from people they talk about
"energy" prices. They don't mean electricity. They mean the gas bill. Why did
gas prices run up so much higher in California than they did elsewhere? What
if anything do we need to do to keep that from happening again?
Richard: I think we have two answers to that. One, there is more gas demand
for the obvious reasons. People are converting power plants to gas or are
building gas-fired plants only because it is the fuel of choice from an
air-quality standpoint. The increased demand for gas by electric generation
is something like 700 million cubic feet a day, and this is out of 5 billion
cubic feet of day that we use. There's been a huge run-up in the pull on the
natural gas system.
We have infrastructure needs on natural gas. Just like we need to build new
power plants in the state, we need to have new interstate gas transportation
lines built.
Smith: There's a restriction on both the capacity of the pipe and the
commodity itself that has led to the increase.
Richard: But nationwide, there is not a natural gas shortage. But it is just
more in demand. So prices have come up.
Now having said all of that, that there are some fundamentals that would
drive the price of gas up, we don't believe that those explain how high the
price of gas has gone. And there, when you can buy price at the Henry Hub, at
the Texas/Louisiana border for $5, and it costs $1 to transport it to the
California border, why is it selling at the City Gate (L.A.) for $20?
Smith: And Southern California Gas Company pays right now, I believe, about
50 percent more for natural gas than we do, because we have Canadian gas
sources. So there's something going on in the transportation capacity of the
Southwest. There's just now question about it.
Richard: And the FERC is looking at this, and we've joined with others in
saying there may be some, something wrong in the marketplace that needs to be
examined there.
Bee: Whose job is it to solve this transportation problem out of the
Southwest?
Smith: Federal Energy Regulatory Commission. The complaints are before them.
Bee: Could I ask a question about the rolling blackouts that we'll likely
have, and whose lights should go off? The city of Los Angeles, as we know,
has its own public power agency, and it's also in its own control area. They
most likely will have enough power to survive every summer day and likely the
lights will never go off in the city of Los Angeles this summer.
Sacramento has its own public power agency, and most likely SMUD has bought
enough power to survive every summer day.
Richard: But they're part of a -
Bee: But they're part of PG&E.
Smith: They're part of a control area.
Bee: And PG&E likely does not have enough power to survive every summer day
because the state, most likely, will not be able to find enough power on the
open market. PG&E wants to turn around and shut off the lights in Sacramento
and have Sacramento share in these rolling blackouts. Why should Sacramento
share in these rolling blackouts when we've bought enough power to survive
these days?
Smith: Because SMUD has a contract with PG&E that provides for that to occur
in return for lower transmission rates.
Bee: But weren't these interconnection agreements essentially designed to
deal with malfunctions and acts of God as opposed to acts of politics?
Smith: It was designed to occur when there was not enough power. Period.
Richard: I don't think that PG&E wants to pursue a beggar-thy-neighbor
strategy. We're subject to ISO rules and the existing rules and arrangements
and contracts in place. It's not quite PG&E saying we've decided that SMUD
should suffer. This is sort of similar to the other problem.
We've got a set of contracts and agreements in place. People don't like the
outcome and they want to change it. I'm not saying they're wrong to want to
do that. Those were the institutional arrangements that were put in place.
Bee: But you're saying that SMUD cannot make the policy choice to say that
we're going to have reliable power this summer and we're willing to increase
our rates to do it. And then they can't get the power delivered because PG&E
is not essentially in the same situation. You're not allowing SMUD to make
that choice.
Richard: Well, I think that's probably a little more personal than I'm
comfortable with. I don't think Gordon and I made that choice. Or PG&E made
that choice. And I don't know enough about the contract.
Bee: But didn't SMUD make the choice to buy enough power for this summer?
Smith: I assume so. I met with Jan Schori [SMUD general manager] yesterday.
And she assured me that she had enough power for the summer.
Bee: So why shouldn't we -
Smith: Let me get back down to it. We have a contract with SMUD that in
return for lower tariff transmission rates, because they're part of a control
area, when there is a shortage of supply in the control area they're
dispatched off and share in the outages that the other 14 million
Californians will be sharing in.
Bee: To get back to the Edison MOU [memorandum of understanding] and your
bankruptcy for a minute. As you read that MOU and you look at the start of
your bankruptcy proceeding, what do you see in bankruptcy that is better for
you than what is in that MOU?
Richard: Again, that causes us to speculate on the MOU. But we went through
the door because we needed to and we chose to. And we're now there. And as
Gordon said, our goal now is to move through Chapter 11 as quickly and as
efficiently as possible. If there are elements of the Edison MOU that are
appropriate for a reorganization plan, then that gives us a head start.
Now that we are in bankruptcy, there are other parties that are at the table
also. The creditors are there. And that includes some of the out-of-state
generators and the QFs [alternative energy providers] and so forth. All of
those people. It is actually probably a broader process. At the end of the
day, it may turn out to be a more open process, in terms of forging a
reorganization plan.
So fundamentally, I don't think what happened is bad. If our bankruptcy
triggered a breakthrough on an Edison agreement, which in turn can roll into
a reorganization plan that we come up with, then maybe we'll all end up at
the finish line faster than we would have gotten there, if, in fact, we would
have gotten there at all.
Bee: We all certainly would like to get to the finish line. We certainly
appreciate your helping us understand the problem.

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

Dueling energy realities: PG&E,  consumers differ on financial risk

(Published April 22,  2001)

Pacific Gas and Electric is in bankruptcy court, as two top  executives
explain in today's Forum section (Page L-1), because the company  concluded
that the judicial system can resolve what the political system cannot.  The
company's explanation is articulate, revealing and self-serving. It is also
not bought by regulators, consumers and in the end, we must all hope, by the
courts.

At its very core, this impasse between PG&E and the state's elected
officials and regulators came down to two fundamental questions of risk and
regulation about the past and present.

First, the past. Over the last year of record-high wholesale electricity
prices, whose wallet was at risk? Was it the shareholders of PG&E, the
paying public or perhaps both?

PG&E's answer is singular. The consumers must pay for this mess, not the
company's shareholders.

These past three years were supposed to have been a period of transition as
the regulated PG&E prepared for competition from low-priced private
generators and energy service providers. The utility's initial fear was that
the  generating plants it had built under regulation would become white
elephants in  a world of competition.

So the Legislature via AB 1890, the 1996 "deregulation" bill, gave PG&E  the
chance to accelerate the mortgage payments on these investments during this
transition. These accelerated payments were to come from the difference
between  what it cost PG&E to buy power on the (everyone thought) low-price
wholesale  market, and the high consumer electric rate frozen into law from
1998 to 2002.

In fact, this is what happened for the first two years, but not the third.
PG&E wants to keep all the proceeds from when times were good, and stick
consumers for the tab when the market went haywire.

The second question concerns the present. Can the state still regulate the
price of power from PG&E's nuclear and hydroelectric plants?

No, says the utility. Now that ratepayers have retired the mortgage on these
plants, the utility contends it can charge market prices for the electricity
they produce. By PG&E's own estimate, the utility could extract perhaps $5
billion in new profits from this source over the next 10 years.

Yet remember: The reason that ratepayers paid off this mortgage is because
these plants were supposedly going to be "stranded" if they had to compete.
Did  we accelerate these mortgage payments only to have to pay for these
facilities  again?

The political system failed to answer these questions to PG&E's  satisfaction
because the utility's interpretation of what it's due defies common  sense,
fairness and sound public policy. This harmed, not helped, any political
effort to reach a compromise. PG&E says that it is still hoping for a
settlement rather than a court-ordered resolution. That can only happen when
the  utility's perspective on what's fair begins to converge with that of the
paying,  and voting, public.


Today's Performance Test has been delayed 1 hour.  It will begin at 1:00.

Sorry for the delay.

 -----Original Message-----
From: 	Dugger, Tony
Sent:	Tuesday, June 05, 2001 9:47 AM
To:	Ward, Georgia; Acton, Tom; Adams, Jacqueline P.; Allwein, Robert; Baker, Natalie; Boudreaux, Shanna; Brady, Kevin; Brewer, Stacey J.; Calcagno, Suzanne; Carter, Tamara; Casas, Joe A.; Christiansen, Suzanne; Collins, Joann; Dempsey, Wes; Dinari, Sabra L.; Evans, Ted; Fletcher, Brenda H.; Franklin, Cynthia; Franklin, Mary Theresa; Garcia, Clarissa; Gillespie, Steve; Gilmore, Tammy; Greif, Donna; Groenewold, Shannon; Halstead, Lia; Homco, Meredith; Kinsey, Lisa; Lakho, Shahnaz; Lamadrid, Victor; Lenart, Kirk; Lisk, Daniel; Loving, Scott; Mack III, Hillary; McCoy, Mark; Mendel, Shelly; Muzzy, Charles T.; Olinger, Kimberly S.; Ordway, Chris; Pendergrass, Cora; Pinion, Richard; Rodriguez, Carlos; Sanchez, Christina; Schrab, Mark L.; Sullivan, Patti; Superty, Robert; Sutherland, Jan; Terry, Edward; Thompson, Alvin; Villarreal, Jesse; White, Jessica; Wolfe, Jason; Wood, Tracy; Wukasch, Jeanne; Alba, Mary; Baxter, Bryce; Boxx, Pam B.; Cashin, Janine; Castro, Shielah; Chism, Pamela; Cook, Audrey; Couvillon, John; Couvillon, Paul; Curtis, Valerie; Doner, Max; Dozier, Scott; Ellenberger, Mary; Ellis, Laurie; Eubanks Jr., David W.; Ewing, Linda J.; Griffin, Rebecca; Hakemack, Cynthia; Hamic, Priscilla; Harwell, Melanie; Herrera, Katherine; Howard, Charles; Jacobs, Charles; 'Lenart, Gregg'; Majorwitz, Buddy; Mendoza, Genaro; Mousteiko, Michael; Myers, Donnie; Nelson, Doug; Ngo, Joanie; Parker, Megan; Peebles, Jack; Pham, Vivien; Poledore, LaShanda; Price, Wade R.; Ray, Tess; Resendez, Isabel Y.; Richmond, Charlene; Saladino, Jane S.; Saucier, Darla; Stewart, Willie; Thomas, Yolanda S; Truong, Tricia; Valderrama, Lisa; Aguirre, Larry; Anastas, Sherry; Barkowsky, Gloria; Beale, Antoinette; Bolanos, Milton; Brooks, Willie; Brown, Rosa; Calub, Eric; Camp, Howard; Chance, Lee Ann; Comello, Mary; Fisher, Bob; 'Gaskey, Ron'; Honore, Alton; James, Marlo; Keith, Ryan; Lindley, Karen; McClure, Mark; Mitchell, Jack; Nguyen, Thu; Ogunbunmi, Hakeem; Pattison, Jennifer; Robinson, Leslie; Schumack, Sherlyn; Spears, Christopher; Swisher, Stephen; Trabulsi, Alfonso; Vaughn, Kimberly; Viltz, Joyce; Vogler, Jason; Wynne, Rita
Cc:	Ripley, Brian; Hopson, Jill; Smith, Regan M.
Subject:	RE: Unify Gas Performance Testing
Importance:	High

************************* REMINDER ****************************

Gas Performance Test TODAY from 12:00 p.m. - 2:00 p.m.	Logistics 		12:00 p.m. - 2:00 p.m.
								Vol. Mgmt		12:20 p.m. - 2:00 p.m.
								Settlements		  1:00 p.m. - 2:00 p.m.

Menu Option: 	Unify2k (Gas)
Server: 		Unify2k Gas Production
Data: 		May 29, 2001
Gas Day:    	May 29, 2001

Test team members will be on your floors prior to the start of your test and will provide handouts to capture performance metrics.

Thank you,
TD

 -----Original Message-----
From: 	Ward, Georgia
Sent:	Friday, June 01, 2001 3:28 PM
To:	Acton, Tom; Adams, Jacqueline P.; Allwein, Robert; Baker, Natalie; Boudreaux, Shanna; Brady, Kevin; Brewer, Stacey J.; Calcagno, Suzanne; Carter, Tamara; Casas, Joe A.; Christiansen, Suzanne; Collins, Joann; Dempsey, Wes; Dinari, Sabra L.; Evans, Ted; Fletcher, Brenda H.; Franklin, Cynthia; Franklin, Mary Theresa; Garcia, Clarissa; Gillespie, Steve; Gilmore, Tammy; Greif, Donna; Groenewold, Shannon; Halstead, Lia; Homco, Meredith; Kinsey, Lisa; Lakho, Shahnaz; Lamadrid, Victor; Lenart, Kirk; Lisk, Daniel; Loving, Scott; Mack III, Hillary; McCoy, Mark; Mendel, Shelly; Muzzy, Charles T.; Olinger, Kimberly S.; Ordway, Chris; Pendergrass, Cora; Pinion, Richard; Rodriguez, Carlos; Sanchez, Christina; Schrab, Mark L.; Sullivan, Patti; Superty, Robert; Sutherland, Jan; Terry, Edward; Thompson, Alvin; Villarreal, Jesse; White, Jessica; Wolfe, Jason; Wood, Tracy; Wukasch, Jeanne; Alba, Mary; Baxter, Bryce; Boxx, Pam B.; Cashin, Janine; Castro, Shielah; Chism, Pamela; Cook, Audrey; Couvillon, John; Couvillon, Paul; Curtis, Valerie; Doner, Max; Dozier, Scott; Ellenberger, Mary; Ellis, Laurie; Eubanks Jr., David W.; Ewing, Linda J.; Griffin, Rebecca; Hakemack, Cynthia; Hamic, Priscilla; Harwell, Melanie; Herrera, Katherine; Howard, Charles; Jacobs, Charles; Lenart, Gregg; Majorwitz, Buddy; Mendoza, Genaro; Mousteiko, Michael; Myers, Donnie; Nelson, Doug; Ngo, Joanie; Parker, Megan; Peebles, Jack; Pham, Vivien; Poledore, LaShanda; Price, Wade R.; Ray, Tess; Resendez, Isabel Y.; Richmond, Charlene; Saladino, Jane S.; Saucier, Darla; Stewart, Willie; Thomas, Yolanda S; Truong, Tricia; Valderrama, Lisa; Aguirre, Larry; Anastas, Sherry; Barkowsky, Gloria; Beale, Antoinette; Bolanos, Milton; Brooks, Willie; Brown, Rosa; Calub, Eric; Camp, Howard; Chance, Lee Ann; Comello, Mary; Fisher, Bob; Gaskey, Ron; Honore, Alton; James, Marlo; Keith, Ryan; Lindley, Karen; McClure, Mark; Mitchell, Jack; Nguyen, Thu; Ogunbunmi, Hakeem; Pattison, Jennifer; Robinson, Leslie; Schumack, Sherlyn; Spears, Christopher; Swisher, Stephen; Trabulsi, Alfonso; Vaughn, Kimberly; Viltz, Joyce; Vogler, Jason; Wynne, Rita
Cc:	Ripley, Brian; Hopson, Jill; Smith, Regan M.; Dugger, Tony
Subject:	Unify Gas Performance Testing

Below you will find a schedule for performance testing that is scheduled for Tuesday June 5, 2001 from 12:00 - 2:00.  IT floor support will show up about 20 minutes prior to your groups start time.

Please read and if you have any questions contact me.

Thanks-
Georgia
x3-9974

Unify Gas Performance Testing
User Test - Schedule/Script

June 5, 2001	Begin 12:00 p.m.		End 2:00 p.m. (CST)

Menu Option: Unify2k (Gas)
Server: Unify2k Gas Production
Data: May 29, 2001
Gas Day: TBD

Logistics  	(12:00 - 2:00 CST)

	I.T. Team
	Sitara Bridge Process	-	Begins @ 11:30 for gas flow on May 19th
	EDI -				Begins @ 12:15 Diane Niestrath will execute
all phases of EDI to generate system load.  Nominations, Quick Response, and Notifications files from 01/30/01 between 10:00 and 12:00 will be processed.  Scheduled Quantities will not be processed since it is not executed between 10:00 and 12:00 during bid-week.

	User Team
	Login				12:00 (CST)

	Send EDI 		(users can send EDI Nominations, but will not be able to
use the Quick Response Report, or the Schedule Quantity Log - see EDI above)

	Test Scripts will be distributed by the IT floor support team prior to the start of the test.

Volume Management 	(12:20 - 2:00 CST)

I.T. Team
	POPS Revenue Bridge -	Begins @ 12:20

	User Team
	Login			12:20 (CST)

Test Scripts will be distributed by the IT floor support team prior to the start of the test.

Settlements 	(1:00 - 2:00 CST)

	I.T. Team
	LoadRunner -			The I.T. Team will evaluate the system load
between 1:00 and 1:30.  If less than 100 users are logged in or the system load is determined to be low, LoadRunner scripts will begin executing at 1:30 in order to generate additional system load.

User Team
Login				1:00 (CST)

Test Scripts will be distributed by the IT floor support team prior to the start of the test.

Georgia Ward
ENW - Development Support - QA
(713)853-9974


NES filed at FERC for authorization to "store" electricity for third parties
at a facility in Ohio -- maybe provides a commercial opportunity.  Let us
know if you want to see the entire filing.

______________________

Summary:

 NES requests that the Commission declare that transactions involving the
delivery of electric energy to NES, Compressed Air Energy Storage (CAES)
generating facility (the NES Facility) for storage through the compression of
air into a cavern for subsequent release through turbine generators to
produce electric energy or ancillary services for sale or exchange at
wholesale in interstate commerce are exclusively subject to the Commission's
jurisdiction under Section 201 of the Federal Power Act, 16 U.S.C. oo 824-
825r (the FPA).

 NES states that it is developing its CAES generating facility at the site of
an abandoned limestone mine in the City of Norton, Summit County, Ohio, near
Akron.  NES represents that the NES Facility will eventually include 2,700 MW
of capacity, to be constructed in individual increments of 300 MW.  According
to NES, the NES Facility will be the first compressed air energy storage
project to be developed in North America as a merchant facility, and only the
third CAES facility in the world.  NES states that the NES Facility will
employ an innovative technology that will allow NES to &store8 electric
energy produced in one period for delivery, resale and use during a later
period, much as a pumped storage hydroelectric facility does.

Full notice below.
---------------------- Forwarded by Christi L Nicolay/HOU/ECT on 05/07/2001
12:29 PM ---------------------------

"Nancy Pickover" <npickover@bracepatt.com> on 05/04/2001 04:01:47 PM

 - EL01-70.1


Hey Robert,,

Sorry I was out on vacation, and I did not think to ask Todd the name of his headhunter, but I will and try to get back to you with some names this week.

Take care!


Please see the attached memo from our outside counsel concerning the
collection of documents related to the above noted matter.  If there are
persons that you feel should receive a copy of this email that are not shown
in the cc list, please send their names to me for further distribution.  The
volume of documents is fairly large and we are organizing a conference room
in our space at Three Allen Center for collection.  An email will follow
updating this deadlines and delivery locations.  If you have any questions,
please feel free to contact me at x37408.

Thanks,
Mark

 -----Original Message-----
From:  Scarlett Collings <Scollings@Gibbs-Bruns.com>@ENRON
[mailto:IMCEANOTES-Scarlett+20Collings+20+3CScollings+40Gibbs-Bruns+2Ecom+3E+4
0ENRON@ENRON.com]
Sent: Tuesday, December 12, 2000 5:22 PM
To: Lay, Mark
Cc: Jean C. Frizzell
Subject: Enron/Intrust Matter

Dear Mark:

 As we discussed this afternoon, what follows is a list of categories
of documents that we need to produce to Intrust:

  1. Documents reflecting communications, created between
January 1999 and October 1999, (including emails) between Enron/HEOF
Management and third parties, including without limitation Wells Fargo and
Covenant, regarding the HEOF Fund, Intrust, and/or Jim Mingey.

  2. Documents reflecting communications, created between
January 1999 and October 1999, between Enron/HEOF Management and Intrust
and/or Jim Mingey (including emails) regarding the HEOF Fund, Intrust,
and/or Jim Mingey.

  3.  Documents reflecting Enron/HEOF Management internal
communications, created between January 1999 and October 1999, (including
emails) regarding the HEOF Fund, Intrust, and/or Jim Mingey.

  4.  Documents reflecting efforts made by Enron/HEOF
Management to get others involved in the HEOF Fund.

 If you have any questions give me a call.  Thanks.

--Scarlett


Tom, I've attached a report that I downloaded from SAP, and that shows (in hours) how many hours of vacation you've taken, and how many hours you have remaining.  It's only thru the end of September, so the vacation that you took the other weekend is not included.

Just thought you might like to look at it.
Laura


Jim -

In anticipation of our 9:30 Dabhol meeting on Monday, I'm attaching Christopher Walker's discussion of QC's that have been retained by DPC to date.  To summarize:

Retained
Johnny Veeder QC
Jonathan Sumption QC
Lord Grabiner QC

Retained (Subject to Confirmation on Monday)
Stewart Boyd QC
Gordon Pollock QC

Possible Others
Peter Goldsmith QC
Sydney Kentridge QC

Bruce

---------------------- Forwarded by Bruce Lundstrom/ENRON_DEVELOPMENT on 04/29/2001 02:51 PM ---------------------------

"Walker, Christopher" <christopher.walker@linklaters.com> on 04/27/2001 09:27:33 AM
To:	"'Bruce.Lundstrom@enron.com'" <Bruce.Lundstrom@enron.com>, "Walker, Christopher" <christopher.walker@linklaters.com>
cc:	Rob.Walls@enron.com, "Katwala, Sandeep"	 <sandeep.katwala@linklaters.com>

Subject:	Dabhol Power Project - Counsel

Bruce,

Here is the position:-

(1) Johnny Veeder QC has been retained.

(2) Subject to receiving a confirmatory e-mail overnight,I have retained (on
a no-cost basis) Stewart Boyd QC and Gordon Pollock QC. (Boyd wrote the
standard English law text,and we thought about using him last time around.
Pollock will be well known to Jim Derrick,as having acted against Enron in J
Block. Boyd and Pollock are in the same Chambers as johnny Veeder QC,and
they share the same Clerk. I am waiting for written confirmation from him by
e-mail that they are retained as stand-ins for Johnny Veeder QC as we may
require them).

(3) I have retained Jonathan Sumption QC and Lord Grabiner QC. I have done
so by giving them a small amount of "homework" to do. There are a number of
PPA questions where second and third views are useful in any case,so the
costs are not wasted in any event. We are not commited in any case to using
them as advocates,although we might very well wish to have the option on
them.

The five names mentioned represent very much the magic circle for
arbitration work. Indeed,Grabiner,Pollock and Sumption are the magic circle
for almost all conceivable commercial litigation purposes in London (and
many that are not).

There are two others possibly who are widely regarded as being magic circle
members. These are: (a) Peter Goldsmith QC and (b) Sydney Kentridge QC.

Peter Goldsmith QC does not do a great deal of arbitration work,but he is a
recognised "name".

Sydney Kentridge QC is now in his mid-70s,and is virtually exclusively an
appellate advocate. He does not do "heavy" cases at first instance anymore.
I think that you could fairly safely treat it as inherently unlikely in the
extreme that he would take this one on for the MSEB etc.

The cost of taking Peter Goldsmith QC off-side through the "homework" route
would be roughly ?10k or ?12k,perhaps a little more (but not a great deal
more). Please let me know whether you wish me to do this.

At the end of the day,the bar in London is big enough and deep enough for
the MSEB etc. always to be able to find an advocate who is good. My efforts
have been directed to:(a) getting a pool of the best on-side for DPC,as
needed; and (b) putting the same people off-side for the MSEB etc. I would
not have thought it useful or necessary to go further than Peter Goldsmith
QC in that excericse.


Thank you for sending my drill book.  I believe I have the key your are
looking for.  I also have a "Dog Care" book that fell out of Daisy's folder
when I got her out of "jail".  I will have these items delivered to you as
soon as possible.


The report named: Schedule C - Month End <http://erv.corp.enron.com/linkFromExcel.asp?report_cd=49&report_name=Schedule+C+-+Month+End&category_cd=2&category_name=ENRON%20CONSOLIDATED&toc_hide=1&sTV1=2&TV1Exp=Y&current_efct_date=10/31/2001>, published as of 10/31/2001 is now available for viewing on the website.


Start Date: 4/30/01; HourAhead hour: 5;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001043005.txt
Error: Invalid variant type conversion

---- Energy Import/Export Schedule ----
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTstCA
  MKT_TYPE: 2
  TRANS_DATE: 4/30/01
  TIE_POINT: PVERDE_5_DEVERS
  INTERCHG_ID: EPMI_CISO_5001
  ENGY_TYPE: FIRM


Everything looks correct, except for Friday, November 23, 2001.  Truong had
this day listed as a holiday.  It is not a holiday -- the exchange will close
early at 12 noon CST.

Errol


552673 - changed to sell

Missing trades should be in now. Let me know if they're not.

Stephanie Piwetz   03/16/2001 12:32 PM

To: Kate Symes/PDX/ECT@ECT
cc:

Subject: checkout 3/16/01

prebon 3/16/01
deal 552673.01   prebon shows Enron Sells
prebon
missing badeer trade:  Enron Buys Reliant Ser 300.00   25mws  June Sp 15
missing swerzbin/or motley:  Enron buys PNew Mexico May  275.00 PV  25 mws

thanks


Attached, please find a mocked up version of SBX2 27 (Bowen), regarding
direct access, as it is proposed to be amended in the Senate
Appropriations Committee today. A new element to this bill would require
ESPs to pay a reinstatement fee to DWR if they return customers to an
IOU.

 - SB 27xx - mockup.doc