Market Design Workshops on 1/22-1/23.  Mainly various ISO speakers.

 -----Original Message-----
From: 	Comnes, Alan
Sent:	Wednesday, January 16, 2002 4:11 PM
To:	Belden, Tim; Nicolay, Christi L.; Steffes, James D.; Novosel, Sarah
Subject:	FERC Workshops on RTOs

Note Day 2 has a Western bent and has Steve Walton speaking on behalf of RTO West.

GAC

          Docket No. RM01-12-000             -1-

                          UNITED STATES OF AMERICA
                    FEDERAL ENERGY REGULATORY COMMISSION

     Electricity Market Design and Structure           Docket No.
                                                       RM01-12-000

     PJM Interconnection, L.L.C.                  Docket No. RT01-2-
                                                  001
     Allegheny Electric Cooperative, Inc.
     Atlantic City Electric Company
     Baltimore Gas & Electric Company
     Delmarva Power & Light Company
     Jersey Central Power & Light Company
     Metropolitan Edison Company
     PECO Energy Company
     Pennsylvania Electric Company
     PPL Electric Utilities Corporation
     Potomac Electric Power Company
     Public Service Electric & Gas Company
     UGI Utilities Inc.

     Allegheny Power                              Docket No. RT01-10-
                                                  000

     Avista Corporation                           Docket No. RT01-15-
                                                  000
     Montana Power Company
     Nevada Power Company
     Portland General Electric Company
     Puget Sound Energy, Inc.
     Sierra Pacific Power Company

     Southwest Power Pool, Inc.                   Docket No. RT01-34-
                                                  000

     Avista Corporation                           Docket No. RT01-35-
                                                  000
     Bonneville Power Administration
     Idaho Power Company
     Montana Power Company
     Nevada Power Company
     PacifiCorp
     Portland General Electric Company
     Puget Sound Energy, Inc.
     Sierra Pacific Power Company

     GridFlorida LLC                              Docket No. RT01-67-
                                                  000
     Florida Power & Light Company
     Florida Power Corporation
     Tampa Electric Company

          Docket No. RM01-12-000             -2-

     Carolina Power & Light Company               Docket No. RT01-74-
                                                  000
     Duke Energy Corporation
     South Carolina Electric & Gas Company
     GridSouth Transco, LLC

     Entergy Services, Inc.                       Docket No. RT01-75-
                                                  000

     Southern Company Services, Inc.                   Docket No.
                                                       RT01-77-000

     California Independent System Operator       Docket No. RT01-85-
                                                  000
          Corporation

     Bangor Hydro-Electric Company                Docket No. RT01-86-
                                             000
     Central Maine Power Company
     National Grid USA
     Northeast Utilities Service Company
     The United Illuminating Company
     Vermont Electric Power Company
     ISO New England Inc.

     Midwest Independent System Operator               Docket No.
                                                       RT01-87-000

     Alliance Companies                      Docket No. RT01-88-000

     NSTAR Services Company                  Docket No. RT01-94-000

     New York Independent System Operator, Inc.        Docket No.
                                                       RT01-95-000
     Central Hudson Gas & Electric Corporation
     Consolidated Edison Company of New York, Inc.
     Niagara Mohawk Power Corporation
     New York State Electric & Gas Corporation
     Orange & Rockland Utilities, Inc.
     Rochester Gas & Electric Corporation

     PJM Interconnection, L.L.C.                  Docket No. RT01-98-
                                                  000

     Regional Transmission Organizations               Docket No.
                                                       RT01-99-000

     Regional Transmission Organizations               Docket No.
                                                       RT01-100-000

          Docket No. RM01-12-000             -3-

     Arizona Public Service Company                    Docket Nos.
                                                       RT02-1-000
     El Paso Electric Company                                    EL02-
                                                       9-000
     Public Service Company of New Mexico
     Tucson Electric Power Company
     WestConnect RTO, LLC

                   NOTICE ORGANIZING TECHNICAL CONFERENCE

                             (January 16, 2002)

          As announced in the Notice of Technical Conference issued on
     January 9, 2002, Commission staff will hold a technical
     conference on January 22-23, 2002, focusing on similarities and
     differences between various electricity market designs.  This
     notice provides the organizational format and agenda.  The
     sessions are designed to enable attendees to gain a mutual
     understanding of these issues and to allow participants to
     provide further detail on electricity market operations.  The
     conference will start each day at approximately 9:30 a.m. and
     will adjourn at about 4:30 p.m..  It is scheduled to take place
     at the Commission's offices, 888 First Street, N.E., Washington,
     D.C. 20426, in the Commission Meeting Room on the second floor.

          The conference is open for the public to attend.  The agenda
     is attached.

          The Capitol Connection offers all open and special
     Commission meetings held at the Commission's headquarters live
     over the Internet, as well as via telephone and satellite.  For a
     fee, you can receive these meetings in your office, at home, or
     anywhere in the world.  To find out more about the Capitol
     Connection's live Internet, phone bridge, or satellite coverage,
     contact David Reininger or Julia Morelli at (703) 993-3100, or
     visit www.capitolconnection.gmu.edu.  The Capitol Connection also
     offers FERC open meetings through its Washington, D.C.-area
     television service.

          Additionally, live and archived audio of FERC public
     meetings are available for a fee via National Narrowcast
     Network's Hearings.com (sm) and Hearing-On-The-Line (r) services.
     Interested parties may listen to the conference live by phone or
     web.  Hearings.com audio will be archived immediately  for
     listening on demand after the event is completed.  Call (202)
     966-2211 for further details.

          Those interested in obtaining transcripts of the conference
     need to contact Ace Federal Reporters at (202) 347-3700 or (800)
     336-6646.  Anyone interested in purchasing videotapes of the
     meeting should call VISCOM at (703) 715-7999.

          Docket No. RM01-12-000             -4-

          Other questions about the conference program should be
     directed to:

          Saida Shaalan
          Office of Markets, Tariffs and Rates
          Federal Energy Regulatory Commission
          888 First Street, N.E.
          Washington, D.C. 20426
          (202) 208-0278
          saida.shaalan@ferc.fed.us

                           Linwood A. Watson, Jr.
                              Acting Secretary

          Docket No. RM01-12-000             -5-

             Electricity Market Design and Structure Conference

                                   AGENDA

     Day One:  Tuesday, January 22, 2002
                                                                 9:30
                                                                 a.m.

     Opening Remarks and Overview of Existing or Planned Market
     Designs in Eastern Interconnection  (FERC Staff )

     Presentation by PJM Interconnection (PJM)
          Andrew L. Ott , General Manager, Market Coordination
     Day-ahead Energy Market, Real-time Energy Market, Transmission
     Service Markets, Financial Transmission Rights, Operating
     Reserves Markets, Long Term Capacity Markets, Market Monitoring
     and Market Mitigation  (There will be a 15 minute break during
     the presentation)

     Lunch

     Presentation by New York Independent System Operator (NYISO)
          Charles King, Vice President, Market Services
     Presentation will focus on differences between NYISO and PJM in
     these areas.
     Day-ahead Energy Market, Real-time Energy Market, Transmission
     Service Markets, Financial Transmission Rights, Operating
     Reserves Markets, Long Term Capacity Markets, Market Monitoring
     and Market Mitigation

     Break

     Presentation by ISO-New England Inc. (ISO-NE)
          David La Plante, Vice President, Markets Development
     Discussion of adoption and implementation of Standard Market
     Design within ISO-NE

     Presentation by Midwest ISO (MISO)
          Roberto Paliza, Principal Consultant
     Discussion of long-term congestion model for MISO

     Adjournment                                  (Approximately) 4:30
                                                  p.m.

          Docket No. RM01-12-000             -6-

     Day Two:  Wednesday, January 23, 2002                    9:30
     a.m.

     Opening Remarks (FERC Staff)

     Presentation by RTO West
          Steven L. Walton, Member of the RTO West Coordinating Team,
     and
          Others
     Discussion of long-term congestion management plan including
     issues related to hydroelectric plants.

     Break

     Presentation by Electricity Reliability Council of Texas (ERCOT)
          Sam Jones, Executive Vice President and Chief Operating
     Officer
     Description of market design including congestion management in
     ERCOT.

     Lunch

     Roundtable Discussion of  Energy Markets, Transmission Services
     and Rights, and Operating Reserves
     (Participants: Andrew L. Ott, General Manager, Market
     Coordination, PJM
               Charles King, Vice President, Market Services, NYISO
               David La Plante, Vice President, Markets Development,
     ISO-NE
               Roberto Paliza, Principal Consultant, MISO
               Steven L. Walton, Member of the RTO West Coordinating
     Team

               Sam Jones, Executive Vice President and Chief Operating
                    Officer, ERCOT

               Amir Shalaby, Manager Regulatory & Government Affairs,
                    Independent Electricity Market Operator of
                    Ontario; and

               Stephen Greenleaf, Director of Regulatory Policy,
                    California Independent System Operator

     Adjournment                                  (Approximately) 4:30
     p.m.


Will I get access to the VP  investment program for this year's bonus?  Let's
push for this if not.

Grigsby


Linda, Sylvia,  I need you to set up the Transco contracts as outlined
below.

As agent for CES unless specified otherwise, Firmness = Firm, Service Type =
Transportation-Release

 K# K Type  Rate Term    Comment
 1.1703 TRANSP FT-R 1 month then evergreen  ENA's .7537 contract
 2.1439 TRANSP FTL-R 1 month then evergreen  ENA's 2.2390 contract, we need
to create new Rate Sched
 2.7425 TRANSP FTS-R 1 month then evergreen  Special z4 to z4 contract.  ENA
does not have one like this.
 2.7423 TRANSP FTCH-R  1 month then evergreen ENA's 2.7055, also used for z4
to z4
 2.7479 Storage WSR 1 month then evergreen  Washington Storage.
 2.7502 Storage ESR 1 month then evergreen  Eminence Storage

 2.1432 TRANSP FT-R 1 month then evergreen  As agent for CEM.  ENA's .7537
contract.

We will be billed commodity on the 4 contracts listed above.  We will be
billed demand on the contracts listed below.

 3.3053 CAPACI FT-R 1/1/00 - 1/31/00   schedule on 1.1703
 3.3096 CAPACI FT-R 1/1/00 - 1/31/00   schedule on 1.1703
 3.3039 CAPACI FT-R 1/1/00-  1/31/00   schedule on 1.1703
 3.3109 CAPACI FTS-R 1/1/00 - 1/31/00   schedule on 2.7425
 3.3085 CAPACI FTCH-R 1/1/00 - 1/31/00   schedule on 2.7423
 3.3114 Storage ESR 1/1/00 - 1/31/00   schedule on 2.7502
 3.3115 Storage WSR 1/1/00 - 1/31/00   schedule on 2.7479
 2.4899 CAPACI FTL-R 1/1/00 - 5/31/08   schedule on 2.1439
 2.7160 CAPACI FTL-R 1/1/00 - 5/31/08   schedule on 2.1439
 2.8607 CAPACI FTL-R 1/1/00 - 5/31/08   schedule on 2.1439
 3.3014 CAPACI FT-R 1/1/00 - 1/31/00   schedule on 1.1703

 3.3022 CAPACI FT-R 1/1/00 - 1/31/00   CEM capacity.  schedule on 2.1432

I'm sure I made a few typo's.

thanks


David

Thanks for this. I have reinstated the text dealing with the use by
Counterparty of information/content on the website, and have added a new
sentence at the end of 4(a) covering waiver of consequential losses for the
benefit of SHELL.  I will now submit this to SHELL and await their response.

Thanks.
Justin

	Enron Capital & Trade Resources Corp.

	From:  GILBERGD@sullcrom.com                           24/10/2000 22:53

To: Justin.Boyd@enron.com
cc: mark.taylor@enron.com

Subject: Re: ETA

Justin:  Thanks for your note.  I had the following thoughts.

1.  I think the revised Section 4(b) set forth below in your mail is fine;
the only thing that I believe it leaves out (and I assume you are comfortable
not having it) is the counterparty's use of information or content on the
website.  I had included that clause to cover situations in which the
counterparty uses information on the website but not in connection with an
EOL transaction (e.g., reliance on information in making trading decisions
that are executed elsewhere) or where the counterparty passes information
from the website on to a third party.  I think the language in your draft
covers the most important stuff.  I point this out only to be clear on why I
had included "use".

2.  I am not sure the lead in to 4(c) ("Subject to clause 4(b)") should be
included.  It seems to suggest that the counterparty could be liable for
consequential damages, etc. for the things covered in 4(b), which I suspect
will be difficult for Shell to accept.

3.  Will 4(a) remain in the Agreement?  I think it should, because there are
things covered in (a) that should not be mutual but should be retained; e.g.,
no liability for timeliness, accuracy, etc. and exculpation for use of the
website.  However, if (a) is retained, perhaps we should strike those
portions in the current version of (a) that will be covered by (c); e.g.,
exclusion of consequential and punitive damages, etc.   Otherwise, (c) will
be duplicative with respect to Enron's liabiity, which could be confusing.

4.  Two "nits" in Section 4(b) of the version of the ETA attached to your
e-mail --
"Website" is misspelled as "Webiste" in the sixth line, and the "(ii)" in the
next line should be deleted.

Please let me know if you want to discuss.  Hope all is well with you.
Thanks.

>>> <Justin.Boyd@enron.com> 10/24 4:22 AM >>>

David

I had a few minor suggestions, as set out below.  Please also note the
following:

   SHELL had requested that the limitation of liability in clause 4(a) be
   mutual; I have therefore left clause 4(a) as it stands, but added new
   clause 4(c) below.

   The risk of including the language in (b)(ii) below is that SHELL will
   ask for Enron for a  indemnity to the extent that SHELL suffers Loss
   arising out of Enron's breach of the Agreement.  I have also sought to
   restrict the circumstances where breach by SHELL would trigger the
   indemnity - I believe sub-clauses (a), (c) and (d) of clause 2 capture
   these.

     (b)   Counterparty  shall  indemnify, protect, and hold harmless Enron
and  its directors, officers, employees and agents from and against any and
all  losses,          liabilities,  judgments, suits, actions, proceedings,
claims,  damages,  and  costs  (including  attorneys'  fees) (collectively,
"Loss")  resulting  from  or arising out of (i) any   Transactions executed
through  the  Website by any person obtaining access to the Website through
the  Passwords  (as  defined in the Password Application), whether   or not
Counterparty  has  authorized  such  access, or (ii) any material breach by
Counterparty  of  its  obligations  under  clause  2(a), (c) or (d) of this
Agreement,  provided       that,  in  no  event  will Counterparty have any
liability  under  this clause 4(b) for any Loss caused by the negligence or
wilful misconduct of Enron.

     (c)   SUBJECT  TO CLAUSE 4(b), IN NO EVENT WILL EITHER PARTY BE LIABLE
TO  THE OTHER PARTY FOR ANY SPECIAL, INDIRECT, INCIDENTAL,         PUNITIVE
OR  CONSEQUENTIAL DAMAGES (INCLUDING, WITHOUT LIMITATION, LOSS OF BUSINESS,
LOSS  OF  PROFIT,  LOSS  OR  CORRUPTION  OF  DATA,    LOSS  OF  GOODWILL OR
REPUTATION  OR WASTED MANAGEMENT TIME) WHICH MAY BE INCURRED OR EXPERIENCED
ON ACCOUNT OF EITHER          PARTY ENTERING INTO THIS AGREEMENT.

     (d)  Nothing  in  this  Agreement shall have the effect of limiting or
restricting either party's liability arising as a result of fraud.

Look forward to your response.

Thanks.
Justin

 (Embedded     Enron Capital & Trade Resources Corp.
 image moved
 to file:      From:  GILBERGD@sullcrom.com
 pic24182.pcx) 18/10/2000 23:36

To:   justin.boyd@enron.com
cc:

Subject:  ETA

Justin:  Attached is a proposed revision of Section 4(b) of the ETA, as we
discussed.  I have attempted both to narrow its scope and to carve out the
negligence, misconduct or breaches of Enron.  Please call or e-mail with
any thoughts or comments.  Best regards.

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

This e-mail is sent by a law firm and contains information
that may be privileged and confidential. If you are not the
intended recipient, please delete the e-mail and notify us
immediately.

(See attached file: UKETA.doc)

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

This e-mail is sent by a law firm and contains information
that may be privileged and confidential. If you are not the
intended recipient, please delete the e-mail and notify us
immediately.


Attached is the Roseville IDASH for your review. Please provide your comments or changes, if any, by the end of Tuesday, Barring any significant changes, we expect to circulate the IDASH for signature on Wednesday. The full DASH is in final draft form and will be circulated for your review within the next two weeks. Thanks,

Mark


Notice where Southern says "Let the market work.."
---------------------- Forwarded by Mark Palmer/Corp/Enron on 08/22/2000
08:32 AM ---------------------------
Katy Lomax @ ECT   08/22/2000 05:29 AM

To: Mark Palmer/Corp/Enron@ENRON, Jackie Gentle/LON/ECT@ECT, Karen
Denne/Corp/Enron@ENRON
cc:

Subject: Press Clipping - US Power

Please find attached the following article/s:

"A revolution fails to bring power to the people" - Financial Times

Kind Regards,
Katy Lomax


To give you a broad perspective on the issues I am dealing in our area, in
addition to the "regional integration/opening markets theme".

"High-noon" show-down over the gas issues. Enron needs to decide to veto the
gas contracts between Petrobras and the gas distribution companies in our
concessions.  We are been positioned as the stumbling block, preventing the
gas contracts for the emergency power plant program, eventually a national
security issue. If we agree with the contracts, we risk some value of the
distribution concessions.

Press articles about a deal with ABEGAS (Gas Distributors Association). The
ABEGAS representative has been negotiating on a number of limited issues. He
does not have the power to negotiate for the individual gas companies.

Project California.-  I have to give an optimistic  spin to the regulatory
situation.  I could be more forceful painting a "dark scenario" in front of
the investment community to pressure the reforms.  We will continue to press
with the regulators, but I will be hand-cuffed to take the debate forcefully
into the public arena.

Enron selling its assets/ getting out of the region.-  A communication
challenge because we can not comment on speculation but we need to tailor the
messages to our audiences. "We are here to stay".

Employees retention and recruiting
Customer/ Partnering relations
Government/ Institutions.

"A new beginning".- Petrobras has reorganized. They have a new Gas & Power
group. The new head has invited us to sit together to review our
relationships. Jim is optimistic about the results. I am not,  but we have to
do it anyway. We can not afford not to try.

Jose

See attachments about Thermoelctric program and Petrobras issues.


Well, since you asked (And I know you did not but I can not resist - I
laughing very hard right now) I think about you and how sweet you are. I try
not to fixate as I believe it is unhealthily both psychologically and
physically as I can easily run for an hour.

craig

-----Original Message-----
From: Susan.Scott@enron.com [mailto:Susan.Scott@enron.com]
Sent: Wednesday, October 11, 2000 2:47 PM
To: Craig Lindberg
Subject: RE:

You mean that when you run and listen to music you can think too?
Obviously you are every bit as talented as you are handsome and charming.

Craig Lindberg <craigl@calpine.com> on 10/11/2000 02:33:24 PM

To:   "'Susan.Scott@enron.com'" <Susan.Scott@enron.com>
cc:

Subject:  RE:

Getting an e-mail from you definitely gives me a big smile on my face!

Lunch was wonderful - I did not want to go back to work. I would have loved
to spend the day with you.

Now regarding being your office boy, I did not say anything about group as
I
can not be distracted from your needs, I can't think of a better job unless
you owned an art gallery and I was the mover de arte'

You did not ask me what I thought of when I ran.

craig


---------------------- Forwarded by Julissa Marron/Corp/Enron on 12/01/2000
02:07 PM ---------------------------
   Julissa Marron                12/01/2000 01:49 PM

To: Steve Venturatos/HOU/ECT@ECT, Linda S Bryan/HOU/ECT@ECT, Stacey
Richardson/HOU/ECT@ECT, Sylvia A Campos/HOU/ECT@ECT, Marlene
Hilliard/HOU/ECT@ect, Faye Ellis/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT,
Anthony Campos/HOU/ECT@ECT, Cyndie Balfour-Flanagan/Corp/Enron@ENRON,
Bridgette Anderson/Corp/Enron@ENRON, Susan Elledge/NA/Enron@Enron, Sharon
Gonzales/NA/Enron@ENRON, Georgi Landau/NA/Enron@ENRON, Angie
Crowe/NA/Enron@Enron, Tammie Huthmacher/NA/Enron@Enron, Michelle
Laurant/NA/Enron@Enron, Michael Eiben/HOU/ECT@ECT, Willie
Harrell/HOU/ECT@ECT, Kelly Lombardi/NA/Enron@Enron, Mary G
Gosnell/HOU/ECT@ECT, Bernice Rodriguez/HOU/ECT@ECT, Jason Moore/HOU/ECT@ECT,
Samuel Schott/HOU/ECT@ECT, Amber Ebow/HOU/ECT@ECT, Adnan
Patel/Corp/Enron@ENRON, Albert Escamilla/HOU/ECT@ECT, Gloria
Roberson/NA/Enron@Enron, Kevin Richardson/NA/Enron@ENRON, Bill D
Hare/HOU/ECT@ect, Marilyn Colbert/HOU/ECT@ECT, Remi
Otegbola/Corp/Enron@Enron, Jeff Klotz/Corp/Enron@Enron, Syed
Ahmed/Corp/Enron@Enron, Cheryl Johnson/Corp/Enron@Enron, Kathryn
Pallant/NA/Enron@Enron, Avril Forster/Corp/Enron@ENRON, Christopher
Hargett/HOU/ECT@ECT, Stacie Guidry/NA/Enron@Enron, Ruby Kyser/NA/Enron@Enron,
Lisa Woods/NA/Enron@Enron, James Scribner/Corp/Enron@Enron, Adrial
Boals/Corp/Enron@Enron, Brian Heinrich/HOU/ECT@ect, Jean
Killough/HOU/ECT@ECT, Shari Mao/HOU/ECT@ECT, Suzanne Nicholie/Corp/Enron@ENRON
cc:

Subject: REMINDER

If you would like to contribute to the "ENRON KIDS" gift program, please give
your contribution to me today, so that the shopping can be done this
weekend.  We will wrap the gifts early next week.

Thank you,

Julissa


Marianne,
As per phone conversation, would you please send me the necessary forms to
start a pool on Equitrans beginning August 1, 2000..  My mailing address is:

John Singer
Enron NA
4150 Belden Village Street NW
Suite LL3
Canton, OH  44718

Thanks for your help.
John


Here is an initial draft from our attorneys in California on the state
processes that could be required.  In my experience, the single biggest issue
the utilities have is the transfer of the rights of way -- there are
thousands of these -- each like an individual contract.  If the state tried
eminent domain, it seems like it could face a long-time in the courts to
finish that process.

Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854


Celeste,

I am recommending Jason Sokolov for summer internship with Enron.
Jason is currently working part-time for Mike Roberts and makes
very valuable contribution  to a number on-going projects.

We are very happy with his performance and see him as a valuable future
Enron employee.

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/05/2000
07:30 AM ---------------------------

	From:  Jason Sokolov                           01/04/2000 01:32 PM

To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Petition for Summer Internship

Vince:

As we discussed earlier, I attached the copy of the petition for my summer
internship with Enron Analyst and Associate group.
I also have the hard copy of the letter, which I will deliver to you
presonally.

I am looking forward to, finally, become an official Enron employee.  Thank
you very much for your valuable contributions to
my experience with the company.

Jason Sokolov


It seems that 2 p.m. p.s.t. works best for all for a conference call.  The
call-in number is 888-311-9051 passcode is 60396.

The agenda would be to discuss:

1.  interconnection agreements
2.  tax implications of c-corp vs. llp


Luanne:
Just wanted to see where things stood from your end on your Guaranty.  We
have been asked to consent to an assignment of trades bewteen J Aron and
Statoil and would very much like toi finalize the new Master before we give
our consent.  Please call me when convenient to discuss.
Carol


Daily Blessing
Baseball Game
http://www.daily-blessings.com/bless103.htm

check out Christmas greetings at
http://www.debsfunpages.com/christmas.htm

Do you need ink AGAIN?  There's so much great stuff out here on the web,
that you want to print and share, but you think of how much it's going
to cost you for those ink cartridges or refills and you hesitate...no
more reason to hesitate!!  You can get affordable ink cartridges and
refills on the internet for much lower than you pay in a retail office
supply store...just check out the folks at Mr Inkman!!

http://daily-blessings..com/inkman.htm

win a digital camera, $4500.00 or MORE
http://www.daily-blessings.com/4500.htm

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* To remove yourself from this mailing list, point your browser to:
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Andy,

 After discussing the performance of True Quote with Mike Guadarrama I am increasingly concerned that they have problems which may take some time to overcome.  Mike believes that the speed issue is a result of the way they have designed their architecture.  If this is the case we will not see improved performance for some time.

I've asked Mike to have a conversation with the True Quote developer to give us a better idea of what he believes the root problems are.  Based upon Mike's assessment we can get a feel of the time it may take to correct the problems.

We continue to spend a great deal of time testing with True Quote and this is consuming a fair amount of time for the testing team.


wanna chew on my toenails?

 -----Original Message-----
From: 	Arnold, Matthew
Sent:	Monday, August 13, 2001 1:27 PM
To:	Arnold, John
Subject:	RE:

wanna join the truck fundy's group under jen fraser?

 -----Original Message-----
From: 	Arnold, John
Sent:	Monday, August  13, 2001 12:27 PM
To:	Arnold, Matthew
Subject:

i found this searching for gas stuff if you care.. << File: trucking.pdf >>


Yes, because they are deducting pretax dollars for parking.

From: Suzanne Adams@ECT on 05/31/2001 09:14 AM
To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: Re: Yes, they are deducting for parking

But, did you sign up for the transportation spending account.

	Kay Mann@ENRON
	05/31/2001 09:03 AM

		 To: Suzanne Adams/HOU/ECT@ECT
		 cc:
		 Subject: Yes, they are deducting for parking

How do I get on the list for the form?  Could you pretty please check for me?

Thanks,

Kay


Subject: Nov 2-Membership Conference Call

MAIN Members,

Attached is a draft version of MAIN's Contractual Compliance and
Enforcement Agreement(MAIN Agreement plus Exhibit 2) known as MAIN's Plan B.

These documents are for member review and commentary. Written comments are
due back to MAIN Compliance,ndm@maininc.org, by October 31, 2001. This will
be followed by a MAIN Member conference call covering the Plan B comments
on November 2, 2001 at 8:30 AM CST.

The tentative plan is to get member approval of this MAIN Agreement at the
Annual Meeting on November 16, 2001. This will permit MAIN's Chairman to
sign the NERC/Regional Agreement. MAIN's Plan B enactment is contingent on
2/3 of MAIN's Control Area Members signing the Agreement.

Please review the attached letter from Peter Steitz, Compliance &
Enforcement Task Force Chairman, which outlines the MAIN Plan B Program.

Norb Mizwicki
MAIN Compliance Director
630-261-2657
ndm@maininc.org

 - MAIN-NERC Mem.doc
 - MAIN Program 1011011.doc
 - MAIN PlanB.100901.doc
 - MAIN Exhibit 1.doc
 - MAIN Exhibit 2.100901.doc


Attached are the articles that I had sent to Steve Kean concerning the offers
Enron made in San Diego. Please let me know if you need further information.
My number is 713-853-4382.

Thanks,

Gavin Dillingham

SDG&E is entertaining offers from major power companies for a fixed-price
contract to stabilize electricity prices. The utility has received at least
one proposal from Enron Corp. for a multiple-year contract at prices less
than half current levels -- but 50 percent above prices in the spring.

"It's like apples and oranges," said Thomas Williams, the Duke spokesman.
He noted that Roseville had recently secured power at 4.9 cents from Enron
-- a Duke competitor -- but had signed a five-year contract.

SDG&E also said yesterday that it received "several" proposals from power
companies to provide fixed future prices for electricity, which involve
long-term contracts touted by power companies -- a "market solution" to the
rate roller coaster residents have experienced.

The utility declined to provide a precise number of proposal details but
said it would evaluate the offers over the next two weeks and make
recommendations to regulatory authorities. Peace said earlier that Enron is
expected to be a bidder, offering a fixed price about 50 percent above
rates of last May.

Palmer said Enron could protect consumers from electricity price spikes by
entering into "hedging" agreements with local utilities, which are
contracts that provide guaranteed pricing for certain periods. He said the
company had reached such an agreement with the utility servicing Hartford,
Conn.
7/6/2000 SDUT

Duke committing to Deliver 3,000 Megawatts of New Supply to California And a
Five-Year Fixed Price Supply Contract

Karen Denne remarks in the San Diego Union Tribune that Enron has offered
fixed price contracts and that Enron customers have not been effected by this
price spike. July 25, 2000

The article below states that Enron has put an offer for energy at 5.5
cents/KWh on the table, and others are
expected to provide a variety of possible deals. July 16, 2000 San Diego
Union Tribune (SDUT)

Enron has already made one offer, but the
price is too high and the terms are too long. July 11, 2000 SDUT

The local utility, a unit of Sempra Energy, denied reports yesterday that it
would soon reach an agreement with Enron Corp. on a deal that would lock
in power rates for years for a large segment of its customer base... The
initial offer from Enron was to provide power for four years at 5.5
cents per kilowatt, according to Peace, who emphasized he hoped SDG&E would
receive competing bids from other companies.
Hoge said Enron's track record and the nature of long-term power contracts
made her skeptical that such a deal could save San Diego money.
"With fixed contracts, you always end up paying more than you should on the
other end," she said. "And Enron always has a way to make these contracts
work for them." July 11, 2000 SDUT

Concerning Enron ..."This is no better than a boiler fraud on the people,"
said Harvey
Rosenfield, who unsuccessfully pressed a ballot initiative to overturn
deregulation. "They jack up rates over 200 percent -- then they offer you a
deal at a 50 percent hike.

"I don't think the solution to this problem is to put the people of San
Diego at the mercy of Enron."

Enron is offering to sell San Diego power for four years at 5.5 cents per
kilowatt hour,
according to Peace. The price would be about 50 percent less than current
costs, but more than 50 percent above rates paid as recently as this
spring.


If you would like to sharpen your performance evaluation writting skills or
your interviewing skills please read below.

The following classes are being offered on an "invitation only" basis.

Giving effective feedback will be offered on January 10th and 16th in room
EB49C1.
Focused Interview Training will be offered on January 17th  in room EB 49C1.

Both classes are from 11:30 AM to 1:00 PM.

To register for these offerings, click on the provided link.  Once in the
devolpment center data base, click on the session you wish to attend and
submit your registration.   Hurry, space for these trainings is limited.

This is the link----------->

Focused Interview Training Class Description:

This class will address the role of the interviewer in the implementation of
the Focused Interview.  Topics to be covered include:

Steps for preparation
Setting expectations
Conducting a Focused Interview
Using the Focused Interview Tool
Legal and ethical consideration
The role of Competencies in your final evaluation

Discussion will be encouraged to ensure transfer of information.

Participants will be given handouts including:
the Focused Interview Tool
the Interviewer's Guide
Course outline

Course length: 90 minutes
Intended Audience: Interviewer's of all levels

Giving Effective Feedback

This brown bag session will highlight the aspects of effective written and
verbal feedback associated with employee performance.  Topics to be covered
include:

Why focused feedback is important

How to give focused feedback

The practice of giving focused feedback

Participants will be given opportunities to share past feedback experiences.
Exercises will be offered to facilitate the transfer of learning.

Participants will be given handouts including:
Course outline
The Focused Feedback Guide

Course length:  90 minutes
Intended Audience:  supervisor's of all levels


Attached is a newly revised Credit Watch listing.  If there are any
personnel in your group that were not included in this distribution, please
insure that they receive a copy of this report.

To add additional people to this distribution, or if this report has been
sent to you in error, please contact Veronica Espinoza at x6-6002.

For other questions, please contact Bill Bradford at x3-3831, Russell Diamond
at 5-7095, Brant Reves at x3-9897, Veronica Espinoza at x6-6002 or the Global
Credit Hotline at x3-1803.


The graphs are now located in the same section as the WSCC outages graphs in the main fundamentals page:

http://fundamentals.corp.enron.com/main.asp
(under "Gas", "Testing", "Load and Temperature Charts")

Jason


I'm an expert at being a rabid fan and excellent arm chair manager.  I keep
waiting for the Skipper to call for advice....

"Clark Thompson" <cthompson@bracepatt.com> on 03/30/2001 04:28:25 PM
To: <Kay.Mann@enron.com>
cc:

Subject: Re: Monkey Business

Sorry for the late notice - have been underwater this week trying to get
Tex-Mex and Alamac buttoned up, and just realized today that I needed to get
on this.  Will hope to see you there and try to find another time we can go.
My understanding from all is that you are the resident baseball expert (next
to Ken Lay).

Best regards.

cgt

>>> <Kay.Mann@enron.com> 03/30/01 04:12PM >>>

I would love to take you up on it, but I'm already lined up to go.  I'll
take a raincheck!

Thanks for thinking of me.

Kay

"Clark Thompson" <cthompson@bracepatt.com> on 03/30/2001 04:07:45 PM

To:   <ann.elizabeth.white@enron.com>, <Kay.Mann@enron.com>,
      <steve.van.hooser@enron.com>
cc:

Subject:  Monkey Business

My recollection is that each of you is somewhat of a baseball fan, as I am.
I just happen to have 4 great seats for Opening Day at Enron Field, for
which I very much need company to help me enjoy.  I would love it if each
of you could join me.  The game starts at 4:05 pm, so it might require
leaving the office a little early.  But of course we would be discussing
serious business the entire time so that it would be fully justifiable to
anyone interested.  I will bring my legal pad to take notes.

Let me know.  Hope you can come.

cgt

Clark G. Thompson, Jr.
Bracewell & Patterson, L.L.P.
711 Louisiana, Suite 2900
Houston, Texas  77002-2781
Phone: 713.221.1477
Fax:      713.221.2116
email:    cthompson@bracepatt.com

CONFIDENTIALITY STATEMENT:
This information is intended only for the use of the individual or
entity to which it is addressed and may contain information that is
privileged, confidential, and/or exempt from disclosure under applicable
law.  If you are not the intended recipient, you are hereby notified
that any dissemination of this information is strictly prohibited.  If
you have received this information in error, please notify us
immediately by telephone at (713) 221-1477 or by fax at (713) 221-2116,
and confirm that you have destroyed this information and any copies.
Thank you.

Clark G. Thompson, Jr.
Bracewell & Patterson, L.L.P.
711 Louisiana, Suite 2900
Houston, Texas  77002-2781
Phone: 713.221.1477
Fax:      713.221.2116
email:    cthompson@bracepatt.com

CONFIDENTIALITY STATEMENT:
This information is intended only for the use of the individual or
entity to which it is addressed and may contain information that is
privileged, confidential, and/or exempt from disclosure under applicable
law.  If you are not the intended recipient, you are hereby notified
that any dissemination of this information is strictly prohibited.  If
you have received this information in error, please notify us
immediately by telephone at (713) 221-1477 or by fax at (713) 221-2116,
and confirm that you have destroyed this information and any copies.
Thank you.


Several related issues have resulted in an increase in the level of operating
risk for the Merchanting Metals business.

Complexities surrounding the operation of the Off Balance Sheet Facility
("OBSF") which commenced two weeks before the year end.
The uncertainty generated by the revocation of AA's signoff for the facility
late in the year end audit.
The discovery of a number of 'bugs' within the AS400 Merchanting code,
arising from the release of OBSF designed functionality, which compounded the
operational burden of supporting the OBSF.
The requirement to amend the operational process and OBSF IT code as a result
of the current renegotiation of the OBSF with Barclays ( and AA ).
The senior IT developer for Merchanting has resigned and been sent on
gardening leave.
The Corporate requirement to lower working capital usage for the Merchanting
business irrespective of the above parochial business issues.

Various mitigating actions have been and will be taken to provide focus, gain
comfort over control levels and to provide assurance to senior management as
to the accuracy of the Q1 DPR and business balance sheet.

The implementation for SAP for the Merchanting business has been delayed and
effectively decoupled from the higher risk ( higher benefit ) Brokerage
implementation - benefit is to provide sole focus on OBSF for IT Merchanting
developers.
The AR/AP SAP data quality reviews for both businesses are continuing so as
to provide a detailed analysis as at end Q1.
Middle Office have instigated a new daily working capital report process
tracking cash settlement/ funding data to working capital components for all
Metals businesses.
An enhanced position signoff process will be implemented prior to end Q1
covering gross tonnage, spread positions and summarised analyses for brand
and locations. The necessary report functionality should be available within
the AS400, however contingencies have been initiated to build tactical
VBA/excel reports outside of the AS400 but using AS400 data downloads.
User requests for additional AS400 functionality and reports have been
aggressively prioritised and a code freeze will commence prior to the end of
Q1 following the delivery of three reports determined as minimum requirements
for the support of OBSF.
A resubstantiation of the full Q1 DPR will be completed by the Risk control
staff reconciling the full trial balances between Q1 open and Q1 close
A full internal balance sheet review will be completed within the Q1 audit
timetable which incorporates
A full circularisation of inventory balances, and matching to source
documentation within Enron
Inspection of certain of the above inventory balances, by third party
inspectors, where there is an expectation that circularisation replies will
not be received on a timely basis
Substantive checks back to source contract documentation for the forward
priced and unpriced positions report ( spot checking the key position report
signed off by the traders )
Full reconciliation and recalculation of OBSF option premium values
Full reconciliation of contracts within the OBSF to Barclays documentation (
thereby substantiating existence of stock that we have option to purchase )
and to AS400 Barclays account
A risk based debtors review - matching to source documentation, where
applicable, and any subsequent post quarter end cash movements
A full substantiation of creditors to internal ( contract commitments ) or
external documentation ( invoices/request for payment )
A full reconciliation of intercompany accounts
A full substantive reconciliation of cash and funding accounts

I intend to provide weekly updates on the status of the above actions during
April

If you have any questions please call me on x34703

Regards

Mike


Let's meet at 4:00.

Vince J Kaminski
06/01/2000 09:19 AM
To: John Arnold/HOU/ECT@ECT
cc: Vince J Kaminski/HOU/ECT@ECT, Tanya Tamarchenko/HOU/ECT@ECT, Jim
Schwieger/HOU/ECT@ECT, Jeffrey A Shankman/HOU/ECT@ECT
Subject: VaR

John,

We have  been working for the last few days on VaR related issues.
The focus is on Jim Schwieger's  storage book as of 5/25 and 5/26
where we had some counterintuitive results. This book is a good
candidate for a systematic review of the VaR process.

It seems that the problem arises from forward - forward vols used by the VaR
system. You can see in the attached spreadsheet that the VaR, on a cumulative
basis,
jumps on Jan 04, when an abnormal FF vol hits a relatively large position.
This FF vol is also much different from the previous day number producing a
big
jump in VaR.
This row (Jan 04) is in magenta font in the attached spreadsheet. Please, look
at column D.

The abnormal FF vol may result from one of the two factors:

 a. a bug in the code. We are working with the person in IT who wrote the
                     code to review it.

 b. a poorly conditioned forward vol curve ( a kink or discontinuity in
                    the fwd vol curve will do it). One solution I can
propose, is to develop for
                    the traders a fwd-fwd vol generator  allowing them to
review the fwd vol curve
                    before it is posted. If it produces a weird fwd-fwd vol,
it can be smoothed.

Can you meet at 4 p.m. to review our findings?

Vince


Daniel,

I found a GISB between Morgan Stanley Capital Group Inc. and Enron North
America Corp. dated  July 1, 1998 in our files.  ENA received the contract
from an assignment from Columbia Energy Marketing Corporation.  Why do we
need to negotiate and execute another GISB agreement?

Stacy Dickson

	Daniel Garcia <Daniel.Garcia@msdw.com>
	03/09/01 03:57 PM
	Please respond to Daniel.Garcia

		 To: stacy.e.dickson@enron.com
		 cc: "Hansen, Marie" <Marie.Hansen@msdw.com>
		 Subject: Enron North America GISB

Dear Stacy,

As discussed, please find attached a draft form of GISB and Special
Provisions.  I understand that Jeff Hodge will be out of the office next
week.

If either you or Jeff have any questions, or if I may be of further
assistance, feel free to contact me at your convenience.

Kind Regards,
Dan
Commodities Division--Documentation

ph. 212-761-8660
fx. 212-761-0293
email: daniel.garcia@msdw.com

 - Enron North America_GISB.doc
 - Enron North America_US spec prov.doc


I would be happy to talk with him.  Michelle

 -----Original Message-----
From: 	Stevens, Missy
Sent:	Wednesday, October 24, 2001 2:54 PM
To:	Cash, Michelle
Subject:	FW: quick question

Hi Michelle! See my note to Janet below... could I have this guy call you, or is there someone in your group that he could call? I greatly appreciate it!

Missy

 -----Original Message-----
From: 	Moore, Janet H.
Sent:	Wednesday, October 24, 2001 8:58 AM
To:	Stevens, Missy
Subject:	RE: quick question

Michelle Cash, a lawyer in our group, coordinates our recruiting.  If she can't do it, I would be certainly be happy to chat with him over the phone about it.
Hope all is well.
Janet

 -----Original Message-----
From: 	Stevens, Missy
Sent:	Tuesday, October 23, 2001 4:55 PM
To:	Moore, Janet H.
Subject:	quick question

I worked with someone on a project that APQC did for us, and he is now looking for a new opportunity (just our of law school). I let him know that Enron doesn't typically hire right out of law school, but was wondering if there might be someone he could talk to about "a day in the life of a corporate lawyer."  Is there someone in particular who handles recruiting for legal?

Thanks for your help!

Missy


We have received a Notification of Change to Schedule to ISDA Master
Agreement from Nuevo Energy Company ("Nuevo") dated April 25, 2001, changing
Nuevo's address for Notice or Communication to:

Nuevo Energy Company
1021 Main , Suite 2100
Houston, Texas  77002
Attention:  Chief Financial Officer
Telephone Number:  713-652-0706
Facsimile Number:  713-374-4919

Copies will be distributed.

Stephanie Panus


Sept. 1,3,7,and 8 are good.


No.  Yes for PG&E, no for SoCalGas.

	Tom Briggs
	03/21/2001 07:28 PM

		 To: Jeff Dasovich/NA/Enron@Enron
		 cc:
		 Subject: Re: California Concessions/Price Caps

would they sell the intrastate pipleine to an interstate pipeline and use the
cash to pay bad debts?  Also, is distribution unbundled from retail sales?

	Jeff Dasovich
	Sent by: Jeff Dasovich
	03/21/01 04:03 PM

		 To: Richard Shapiro/NA/Enron@Enron, Tom Briggs/NA/Enron@Enron
		 cc:
		 Subject: California Concessions/Price Caps

Tom:  Apologies.  I'm wrapped up, but will try to come up with more.  Three
things that come to mind:

1. Seems important that any price cap include a hard sunset date.
2. Direct Access for all customers in California should be a concession.
3. Dramatic commitment from California to substantially upgrade the in-state
gas transportation network (fyi: it may  be in worse shape than the electric
tx network--can build more plants, but if one can't get the gas to them.....)

Best,
Jeff


This is approved and auto-scheduled.

Kate

Lester Rawson
04/29/2001 03:14 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Jan annuity

Kate,

Please approve and autoschedule.

Annuity 595779 on 1/31/2001. This is a profit transfer from the STSW book to
the Services book.

Les


That's fine if you don't want to do the road, but please tell Eldon and I'll
tell Jeff (my road guy).

Nancy Sellers <Nancy.Sellers@RobertMondavi.com> on 08/31/2000 10:08:52 AM
To: "'jdasovic@enron.com'" <jdasovic@enron.com>
cc:
Subject: RE:

We really cannot do the road at this point.

Amber's address:? 25664 Carmel Knolls Road, Carmel, CA 93923.? She is 20
years old on Sunday!.

I wrote you because I am not sure if Prentice is getting e-mails.

Remember that some of your stuff might still be outside if I don't remember
to bring it in.? There is also a folder of pick sheets to take up to the dome
and leave on my desk, so we have them when any of us are up there.

-----Original Message-----
From:?? jdasovic@enron.com [SMTP:jdasovic@enron.com]
Sent:?? Thursday, August 31, 2000 8:02 AM
To:???? Nancy.Sellers@RobertMondavi.com
Subject:??????? Re:

We'll send a card.? She's 19?? Well, if we have to, we'll take some
tomotoes.....Taking the suit and (if Prentice permits) Annie, too.

Could you discuss with Eldon whether you guys want to do the Dome road
while my is doing my road at the end of the month??? He's going to fax me
the estimate based on his visit when we were all up there last.? To be
honest, the deck's got me pretty darned gun-shy about "projects" and this
guy is really nice and I want to work with him for years to come.? He's
pretty willing to do whatever you folks want, i.e., from Yugo-style road to
Rolls Royce-style road.? And if you want to take a pass, that's of course
great, too.? I just want to make sure it doesn't turn in to a
cluster-you-know-what....Just let me know.

Nancy Sellers <Nancy.Sellers@RobertMondavi.com> on 08/31/2000 09:53:11 AM

To:?? "'Prentice @ Berkeley'" <PSellers@haas.berkeley.edu>, "'Jeff
????? Dasovich'" <Jeff_Dasovich@enron.com>
cc:
Subject:

I don't know if Prentice will get the e-mail, Jeff - so could you try to
help make sure this happens.? Sunday is Amber's birthday.? Since we will be
at the Cubs game it would be great if you guys could send her a card.

When you come to get your stuff, take all the tomatoes you want with you!
Are you going to take Annie?

Nancy
(707) 251-4870 (phone)
(707) 265-5446 (fax)
"Plus je bois, mieux je chante"


Tanya:
When the Columbia purchase was done in January, did the 1/30/98 ISDA Master
between ENA and Columbia Energy Services Corporation stay with Columbia or
come over to us?  The reason that I am asking is that they have sent ENA a
letter notifying us of Columbia's transfer of its rights under such Master to
The New Power Company, so it seems as if they believe that that Master was
not part of our acquisition.  Who in credit needs to be aware of this if in
fact this Master will be assigned to New Power?
Carol


The reason I called you today is to tell you that I noticed your EOL
performance.  Not bad for a cunuck.


>From: Your Sabre Travel Consultant <agency.email.unknown@sabre.com>
>Reply-To: <agency.email.unknown@sabre.com>
>To: <ayueh@yahoo.com>, <ayueh@hotmail.com>
>Subject: Travel Reservation November 01 for YUEH
>Date: Mon, 22 Oct 2001 11:13:12 CDT
>
>Your complete travel itinerary is brought to you by Sabre Virtually There
>and
>your Sabre Travel Consultant.  Use the link below to display your trip
>plans as
>well as useful destination information including weather, maps, driving
>directions, gate assignments and much more.
>
>
>https://www.virtuallythere.com/cgi-bin/nph-itinerary?pnr=BHPHTK&name=YUEH&language=0&email=2&part=AA&ph=1W
>
>Check this link often for any changes or updates to your trip.
>
>If for any reason the above link is not active you can access your trip
>plans at
>www.virtuallythere.com. Simply enter reservation code BHPHTK and the
>passenger's
>last name.
>
>--------------------------------------------------------------------------------
>
>TRAVEL BULLETIN CENTRAL ** In light of recent events, we have created
>Travel
>Bulletin Central where you can now access the latest information on travel
>security changes, alerts and restrictions.  You may also obtain airline,
>airport and other travel supplier bulletins (car rental agencies, hotels).
>
>Just click here:
>http://www.virtuallythere.com/cgi-bin/nph-cc?url=http://www.virtuallythere.com/bulletin
>
>If the link does not work, please copy and paste it into your browser.
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>Travel agency e-mail address not on file.  Please phone your Sabre Travel
>Consultant if you have any questions.
>
>Compliments of your Sabre Travel Consultant.
>

_________________________________________________________________
Get your FREE download of MSN Explorer at http://explorer.msn.com/intl.asp


Attached is the updated version of the new product/book assignments that I sent Torrey yesterday.

We are still unsure which books to attach the physical products to.  Let me know if you see any problems.

Thanks
Kam


Family,

With the recent tragedy, I am unsure when the following invitation will
arrive to you via the US Mail.  As many of you know, the US Mail is highly
dependent upon our nation's airline system for the normal on-time delivery of
cross country mail (normally within 3 to 4 days) which is mailed over
approximately 600 miles.  For the time being (and not sure when the
prohibition will be lifted) the nation's passenger carrying domestic and
international aircraft will not be allowed to fly mail or cargo in the cargo
holds. This measure may go away soon or measures be made for increased x-ray,
etc.  However, this may result in delays of mail depending upon how much the
trucking and rail industry can "absorb" in the cross country movement.  The
following invitations to the upcoming Change of Command were mailed on
Tuesday, 12th Oct by the office of the Wing Commander of the 436th Airlift
Wing (Dover Air Force Base, DE) who will be "my boss".

I felt it best to send this e-mail just in case the invitation does not
arrive for weeks.  I hope you understand.  As I reflect on the weeks ahead of
taking command of the flying operations and port operations of this nation's
largest military aerial port and strategic airlift wing we are humbled about
the talents of the great many men and women of this operations group as they
fly our nation's most precious and important cargoes to all faces of this
world through times of peace, contingency and if need be war.

Content of the Invitation follows:

Kenny and Jan

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

TO:  Each of you and family

Colonel Scott E. Wuesthoff
Commander, 436th Airlift Wing
requests the pleasure of your company
at the passing of the colors and command of the
436th Operations Group

from

Colonel Mark S. Solo

to

Colonel Kenneth R. Carson

Friday, the fifth of October
Two thousand one
at nine o'clock in the morning
on the flightline
Dover Air Force Base, Delaware

(inclement weather location -- Hanger 706)

Reception following immediately at The Landings (Officers Club)

RSVP by 26 Sept 01
Commercial:  (302)  677-3401 or 3381
e-mail:  436OG.CCE@dover.af.mil
(note: you may RSVP to Jan or I or call the number or e-mail my office
(e-mail above)

Dress:  Military:  Uniform of the Day
Civilian:  Business Casual


Here is my draft written review.  Take a look at it and we'll sit down when you have a chance.

Keep up the great work.  I know things have been really stressful for you lately.  It was terrific to have you to rely on when I was away (and when I'm here too!)


Thank You for the Birthday greeting.  Congratulations again to you and Will!!

	Sharon Snyder <ssnyder@shelton.org>
	02/08/2001 11:20 AM

		 To: Gerald.Nemec@enron.com
		 cc:
		 Subject: Happy Birthday to You!!

Happy Birthday to you!

You look like a monkey,
And you smell like one too!!

Especially if you partied like a madman last night!!

Enjoy your day and the weekend!

You deserve and will get the very best!!!
--
Sharon Snyder
ssnyder@shelton.org


We have created the new southern border index products for Socal and PG&E
topock.  Please create your new basis and gas daily products for these
indices as soon as possible.   Mattt will need to create the gd index
products as well.  Let the brokers know about the new indices  I have the
back office setting up new curves to book these deals.  You will have two
curves for Socal now.  The curves will show your risk on the old index, as
well as the new index.  The new Socal index is the same as the old except
that excludes KRS.

I will be taking these phys products out on EOL as soon as possible.

Thanks,
Mike


Financial Desk
State's Utilities Could Be in Hot Water as Bills Are Due Power: Whether they
can collect funds for escalating costs is a question that worries Wall
Street, others.
CHRIS KRAUL

09/22/2000
Los Angeles Times
Home Edition
Page A-1
Copyright 2000 / The Times Mirror Company
As the meter runs on California's electricity crisis, shock over this
summer's price spikes is giving way to a new concern: uncertainty over
whether and how the state's three investor-owned utilities can collect the
staggering amounts in power costs they haven't been allowed to pass through
to consumers.
The unanswered question is how high the bill--now $4 billion and
counting--will go, and whether consumers will foot all or part of it. And
that there are no easy answers--perhaps short of an overhaul of the state's
deregulated power market, or legislation from officials seemingly reluctant
to act--only adds to the growing anxiety.
Rate freezes in effect at Southern California Edison, Pacific Gas & Electric
and San Diego Gas & Electric, which serve about three-quarters of the state's
residents and businesses, are forcing the utilities to borrow an estimated $1
billion a month to cover their added wholesale costs. Those loans are
draining the companies' resources and threatening their financial structure,
analysts say.
The rising unpaid balance presents a longer-term burden that worries Wall
Street, the state's business interests and, of course, the utilities. If
passed along to consumers, the amount could ultimately negate the promised
benefits of cheap energy that were the reason for being for the landmark
deregulation of California's electricity industry. But making the utilities
absorb the entire "undercollections" would strike a grievous financial blow
to the companies.
The crisis also has created a potential time bomb for shareholders of parent
companies Edison International and PG&E Corp. Skyrocketing wholesale
electricity costs are canceling out deregulation's underlying assumption of
low-cost wholesale energy--and the projected generous retail margins with
which utilities were to pay off nuclear plants and other uneconomical assets.
The deregulation law gave utilities until March 2002 to complete the payoff,
when open-market conditions would take over in their service areas. But with
wholesale electricity costs where they are, the "stranded asset" balances are
growing instead of shrinking--and posing an enormous potential hit for
shareholders, who would have to absorb the remaining "bad asset" costs after
the deadline passes.
Whether the companies' shareholders or ratepayers--or both--end up footing
the undercollection bill, all Californians could pay in the long run,
analysts say, if current market problems remain unresolved and the state is
seen as a less attractive place in which to do business.
How will it all shake out? Wall Street is as much in the dark as
Californians, said Lori Woodland, an analyst with Fitch Inc. of Chicago, one
of three debt-rating agencies to recently lower their outlooks for Southern
California Edison, PG&E, SDG&E and their parent companies.
"It's not clear how regulators view this issue," Woodland said. "They may
permit the utilities to recover their costs [from ratepayers]; they may not.
That's a big uncertainty, and it may remain this way for months. Meanwhile,
power prices are very high, and significant amounts of money are flowing out
the door of the utilities."
The uncertain prospects for collecting those billions of dollars also affect
stock prices, and PG&E in particular has slumped in recent days as the
implications register with investors. From a high of $31.64 on Sept. 11, PG&E
shares have dropped to Thursday's close of $23.19 on the New York Stock
Exchange.
Amid the finger pointing and doubts, many wonder if electricity deregulation
itself could be junked and the state's power industry re-regulated. Others
suggest that rate freezes be extended indefinitely or hope that the Federal
Energy Regulatory Commission now investigating the California electricity
market will take corrective action to make it all better.
Although the parties involved all seem fearful of the dimension of the crisis
and doubtful of any near-term solution, consensus couldn't be less evident
among the major players on how to deal with it. Although all three utilities
agree the current market isn't working, they have not come forward with a
common plan to solve the crisis and aren't working on one, sources say.
Partial lifting of the rate freezes is advocated by PG&E Corp. and Sempra
Energy, parent of SDG&E, the first state utility to pay off its stranded
costs and thus be allowed to fully pass along wholesale costs to customers.
The state Legislature has since stepped in to freeze SDG&E rates after a
political firestorm fed by customer protests over bills that doubled and even
tripled during the summer.
Lifting the rate freeze would stem the tide of electricity undercollections,
a sum the utilities realize is not necessarily collectible in the current
political climate.
"We have to fix these retail rates, which mask the true cost of electricity
and which are creating the shortfall," said SDG&E President Edwin A. Guiles.
In San Diego, for example, the average price paid by SDG&E customers zoomed
from 11 cents per kilowatt-hour last year to 28 cents at its highest point
this summer, before the Legislature stepped in to cap the rates, bringing the
average price paid down to about 10 cents.
So tinkering with the rate freeze could be politically hazardous.
"The pain we saw in San Diego this summer is something we want to avoid for
our customers in Northern and Central California," said PG&E spokesman Jon
Tremayne.
PG&E is expected soon to formally petition the state Public Utilities
Commission to lift its rate freeze. The San Francisco-based utility argues
that the $2.8-billion value of its Northern California hydroelectric
properties, which under deregulation it is required to divest, would erase
its stranded costs and make it eligible to pass along wholesale costs to
consumers.
Southern California Edison's chief financial officer, Jim Scilacci, said the
utility could possibly be eligible to lift the rate freeze later this year if
planned asset sales bring high enough prices.
But with the legally mandated rate freeze in effect in San Diego, observers
doubt that the state would let PG&E and Edison revert to market prices.
In response, some consumer advocates are saying, in effect: Let the
utilities, which ignored warnings of the electricity shortages at the root of
the summer's price spikes, lie in the beds they made and pay the unforeseen
costs of deregulation themselves.
"Essentially this is the result of a deal gone wrong. It's buyer's remorse,"
said Michael Shames of the Utility Consumers' Action Network, a San Diego
watchdog group. "The utilities cut a deal, and now they don't like the terms
of the deal and they want out of it."
Somewhat more flexible is Ed Yates, senior vice president of the
Sacramento-based California League of Food Processors, whose energy-intensive
industry could be devastated by the full brunt of high wholesale energy
costs.
"What frightens us is that the utilities and the state could declare the rate
freeze over and we'd have a San Diego situation," Yates said, referring to
how the rising summer power costs made some San Diego County agricultural
products noncompetitive. "What we want is rate stability. But I don't see a
solution. There are powerful interests at work who don't agree on the goal."
State officials are divided, with some including PUC President Loretta Lynch
looking to the federal government to impose order. Gov. Gray Davis has
discussed holding an energy summit next month to try to hash out solutions,
but no date or agenda have been set.
"The governor is obviously aware of the problems that California utilities
are facing and continues to be committed to making deregulation work and is
calling on everyone involved to act in a responsible way," said spokesman
Steve Maviglio, adding that Davis has set aside much of October to work on
the problem.
Lynch made it clear she will be unreceptive to any solution that would have
consumers absorbing all of the undercollections and that resolving the
utilities' huge debts must come as part of a comprehensive overhaul of
California's dysfunctional electricity market.
"I don't think there is a simple solution. The utilities have a problem, I
agree, but the resolution is much more complex than having the ratepayer eat
the bill," Lynch said. "The answer lies in a broader solution of addressing
the wholesale energy market."
Unclear is how long Wall Street would wait for some kind of resolution before
downgrading utilities' debt, the next step after the negative outlook
revisions.
"There are obviously many challenges presented to the power industry," said
Standard & Poor's David Bodek. "The costs are very high and at the end of the
day have to be borne by someone. If it's the utilities, there are financial
implications that could impact credit quality."


Billy,

We can give Bobby a call and carry out a preliminary interview over the phone.
I am always a bit suspicious when I see somebody trying
to leave a very good company after a relatively short time.

Vince

 -----Original Message-----
From: 	Lemmons Jr., Billy
Sent:	Thursday, July 05, 2001 1:55 PM
To:	Kaminski, Vince J
Cc:	Warner, Traci; Davis, Jeff D.
Subject:	FW: Cover Letter and Resume

Vince,

This person looks "scary smart", and when I see that, I always think of you.  Please let me know what you think.

Hope all is well with you,
Billy

 -----Original Message-----
From: 	Lemmons Jr., Billy
Sent:	Thursday, July 05, 2001 1:52 PM
To:	'bobbydemissie@hotmail.com'
Cc:	Warner, Traci; Davis, Jeff D.
Subject:	FW: Cover Letter and Resume

Bobby,

Thank you for your interest in Enron.  I've copied Traci Warner who leads recruiting for our program.  Traci or someone from her team will follow up with you.

Regards,
Billy Lemmons

 -----Original Message-----
From: 	"Bobby Demissie" <bobbydemissie@hotmail.com>@ENRON
Sent:	Monday, July 02, 2001 4:51 PM
To:	billy@enron.com
Subject:	Cover Letter and Resume

Billy:

I hope all is well.  Per our discussion today, provided as an attachment are
my cover letter and resume.

Kind Regards,
Bobby Demissie
_________________________________________________________________
Get your FREE download of MSN Explorer at http://explorer.msn.com

 - EnronCovL.doc << File: EnronCovL.doc >>
 - Bobby's updated resume.doc << File: Bobby's updated resume.doc >>


IPC WILL RESUPPLY ALL 25 MW'S LLOAD REAL TIME...SEE NOTES FOR DETAILS
THANKS
MIKE


I just got this note morning.  Something must be wrong with my or your email
(likely mine).  Sorry about that.

Best,
Jeff


For what its worth, see below. As a disclaimer I have little confidence
that the approach I took was the best one.

 -----Original Message-----
 From: hudacko@Haas.Berkeley.EDU
[SMTP:hudacko@Haas.Berkeley.EDU]
 Sent: Tuesday, February 15, 2000 8:36 AM
 To: dasovich@haas.berkeley.edu; msmith@haas.berkeley.edu
 Subject: Do you know your costs?

 Gentlemen;
 While I pretend to know something about wine, I must admit I
know nothing about costing. Would you be so kind as to offer your
opinions on the following:
 (1) Plastic rings- the 10K capital investment should not be
considered in the marginal cost, as it is an investment to be
depreciated over useful life of equipment (T/F) To cover my bets I did
it both excluding the 10K, and including the 10K, making different
assumptions in each case
 (1b) For incremental (marginal) costs, we should not look at
overhead and period costs (ie in Vortec problem the S&A component was
held constant; is that true here as well even though these are allocated
based on direct labor)? I broke things down into variable overhead
(.8direct labor) and fixed, and assumed the fixed component didn't
matter since the way in which it was being allocated was somewhat
arbitrary and hence shouldn't guide decision making.
 (1c) Variable overhead costs-  are these in addition to the
fixed overhead costs (Mfctring + S&A), or should they be subtracted from
one or both? I interpret the controller's statement to mean that he
missed them in the schedule provided, and that we need to add them, in
addition to the other two. I interpreted it as part of total overhead,
not in addition to.
 (2) For next 34500 steel rings, materials are sunk cost and not
included as a cost(T/F) T
 (2B) same as (1B) incremental costs do not include Overhead
costs? I included the variable component of overhead (.8 direct labor)
but not other overhead.

 Note trick for problem 2: Since the conversion to steel rings
would be done in the summer at a 100% direct labor rate, and since
workers in the summer would otherwise be getting paid at 70% rate for
doing nothing, one might interpret that the incremental cost of direct
labor is only 100%-70%=30% the rate it would otherwise be. This makes
the incremental cost of doing the steel to steel ring conversion much
cheaper than it would otherwise be.

 (3) Differential cost means what? Difference in cost between
Finished Goods inventory and the WIP inventory? It seems to me that it
was undefined and hence you need to state explicitly what a relevant
comparison is and make it. In this case I interpretetd it as the
difference in cost between producing the steel rings and a like number
of plastic rings, and assumed that the cost of producing the steel rings
in inventory is 0 since its already sunk.

 Your comments are greatly appreciated!
 Jonathan

 Jonathan Hudacko
 415.305.4293 (HM)
 510.649.6476 (WK)
 ----------------------------------------------
 E-mail@stanfordalumni.org is brought to you by
 the Stanford Alumni Association and Critical Path.


remember the Hydrocarbon lease GTC?  I need another one for :

Niemerg Gas Company
808 East Jefferson Avenue
Effingham, Il 62401
state of incorporation:Illinois
phone:217-342-4036
fax:217-235-0743
Tax Id 37-1390807

contact :Brent Holmes
Heller, Holmes & Associates, P.C.
A Professional Corporation
110 Broadway
P.O. Box 889
Matoon, Illinois 61938-0889
217-235-2700
fax: 217-235-0748

Sept 20-30,2000
NGPL meter 903152
pricing will be Gas Daily/daily indx NGPL Iowa/Illinois less $.03

I will confirm pricing before the contract goes out!!


calendar
---------------------- Forwarded by Steven J Kean/NA/Enron on 04/17/2001
04:17 PM ---------------------------

Kelly Johnson
04/16/2001 04:19 PM
To: Steven J Kean/NA/Enron@Enron, Mary Joyce/Enron@EnronXGate
cc: Maureen McVicker/NA/Enron@Enron, Teresa Wright/Enron@EnronXGate

Subject: Comp Committee Meeting - April 30th


Would you please add the language below and email the NDA to David.  Thanks
---------------------- Forwarded by Bob Shults/HOU/ECT on 12/12/2000 10:12 AM
---------------------------

David Hufton <dhufton@pvm.co.uk> on 12/12/2000 03:43:59 AM
To: Bob.Shults@enron.com
cc:
Subject: Re: NDA

Happy with that . Perhaps you could e-mail me the ammended document . How
do you want to hadle the signing pocedures ?
At 09:19 11/12/00 -0600, you wrote:
>
>We are happy to include the following provision in our NDA to make clear
>that you are under no obligation to provide us with confidential
>information:
>
>"Whether to disclose particular information remains the sole discretion of
>the disclosing party and nothing hereunder obligates a party in any way to
>disclose any information."

**********************************************************************
This email and any files transmitted with it are confidential and
intended solely for the use of the individual or entity to whom they
are addressed. If you have received this email in error please notify
the system manager. Unless stated to the contrary, any opinions
in this message are personal and may not be attributed to
PVM Oil Associates, Ltd.
**********************************************************************


Please plan on attending the "Options" meeting scheduled:

 DATE:   Thursday, December 14, 2000

 TIME:   4 - 5 pm

 LOCATION:  Conference Room
    EB2710

 TOPIC:  Options Web Client & End Game

 ATTENDEES: Andy Zipper
    Jay Webb
    John Arnold
    Mike Maggi
    Savita Puthigai
    Teresa Smith

If you are unable to attend, contact me at extension 3-9975

Lydia


Becca,

I am sooooo sorry I'm not going to be able to make the party.  Please give everyone my best and tell Jen I would have done everything within my power to embarass her.  I'm actually going to be in S. Korea visiting my brother and sister-in-law, so I do have a legitimate excuse.

See you at the wedding if not before.

Susan


#2 sounds like the CA Development structure to me.

"Campbell, Carolyn" <CCampbell@KSLAW.com> on 04/04/2001 05:58:50 PM
To: "'kay.mann@enron.com'" <kay.mann@enron.com>
cc: "Keffer, John" <JKeffer@KSLAW.com>

Subject: New Proposal by Delta on HSR Fee Split

Kay:

I advised Greg Lang that Enron had approved our tentative proposal on
splitting the HSR fee, with Enron bearing a maximum of $25k.

Bill Blumenthal (our HSR expert) has now spoken with Dave Burns (Paul
Hastings' HSR expert), and Bill reports back that Mr. Burns now agrees that
there is exposure to an HSR filing requirement upon exercise of the
put/call.  Apparently, Mr. Burns had not previously focused on the transfer
of the remaining 20% interest in the LLC pursuant to the put/call in his
analysis.  They also agree that the filing fee will be determined by the
fair market value of the assets in the LLC at that time.

Greg Lang called after his report from his HSR expert and now proposes the
following alternatives:

1.  Straight-up 50/50 split of fees (with no $25k maximum on Enron's
contribution), so that the parties are equally incentivized to minimize the
fee; or

2.  Draft additional provisions whereby Enron consents in advance to some
structure such that upon exercise of the put/call, the value of the assets
owned by the LLC are as low as possible.  This may involve transferring one
or more of the turbines to another LLC wholly owned by the LLC.  (Greg
thinks that the value of the assets of wholly-owned subsidiaries need not be
included in the threshold calculation, but I have not confirmed this).  I
indicated that this could be viewed by the FTC as a subterfuge for avoiding
filing requirements.  He called back and subsequently advised that the
solution may then involve transferring each of the turbines to a separate
LLC owned 80/20 by PPL and ENA (to be in compliance with GE requirements)
and that Delta would have a business justification for doing this on the
basis of flexibility to put these turbines in various different projects.

Please advise of your thoughts on this issue.  Thank you.

Carolyn M. Campbell
King & Spalding
713-276-7307 (phone)
713-751-3280 (fax)
 <mailto:ccampbell@kslaw.com> ccampbell@kslaw.com

                    Confidentiality Notice
This message is being sent by or on behalf of a lawyer.  It is intended
exclusively for the individual or entity to which it is addressed.  This
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message in error, please notify the sender immediately by e-mail and delete
all copies of the message.


How about Tuesday at 11:15 in front of the building?


Please share this info with Mom and Dad:

Hotel: Hotel Royal Plaza (with Klein High School Bearkadettes)

Phone:  (407) 828-2828

Air Travel: Miami Air charter leaving IAH at 4:30 PM on Thursday, March 2

  Miami Air charter leaving Orlando at 4:30 PM on Monday, March 6


Cooper,

 Can you give access to the new west power site to Jay Reitmeyer.  He is an
analyst in our group.

Phillip


Please remind me to file expense report from CT trip.   In addition, please block my calender from Feb 6th to 10th for Florida (Miami) vacation.   Please also change the March vacation to March 9-13 (Disneyworld).

Kevin Presto
East Power Trading
Phone:  713-853-5035
Cell:  713-854-3923
Fax:  713-646-8272


FYI  on 12/11/00 Intercontinental traded 3.3BCF of physical gas.


That Paul has a cloud over him.  At least he has time to heal before baseball
season.

We are planning on spending Saturday night.  Neil and I will stay at the B &
B.

Enjoy this great weather.  I hear more rain is forecast for the weekend -
hope they are wrong!

Love,

Kay

Bill and Rita McCall <bmccall@wcnet.net> on 11/20/2000 12:24:37 PM
To: Kay.Mann@enron.com
cc:

Subject: Palacios P.S.

I forgot to tell you Paul was in a wreck Saturday afternoon late. He is
O.K. except for a broken arm. He was with the Mayor of Palacios and his
grandson. They were on the way to the high school and someone pulled out
intothem. Mother


Please call him and set up a time to talk next week- Monday if possible.

 -----Original Message-----
From: 	Haldeman, Sandy
Sent:	Tuesday, July 24, 2001 5:52 PM
To:	Sanders, Richard B.
Cc:	Sweet, Twanda
Subject:	Paul Lester returned your call and asked that you please call him at (305) 357-1001 on Wednesday, July 25, after 2:00 P.M. (EST).  Thanks, Sandy

Sandy Haldeman
Senior Administrative Assistant
Enron North America Corp.
1400 Smith Street, EB 3843
Houston, TX  77002-7361
Telephone:  (713) 345-3879
Fax Number:  (713) 646-3393
email address:  sandy.haldeman@enron.com


John,

Below is the request from Top Gun. Muller and/or myself will join you on the 6th floor for the conference call.
-----Original Message-----
From: Brennan, James+ [mailto:James.Brennan@ubsw.com]
Sent: Wednesday, January 02, 2002 2:10 PM
To: Taylor, Mitch
Cc: Schleimer, Andrew+
Subject: FW: NetCo conference calls

Mitch:
I neglected to spell out that at 5:30 we hope John or Louise will walk through the details of physical delivery, so that
everyone on our due diligence team will have the opportunity to ask questions that may arise.
Rgds
James
-----Original Message-----
From: Schleimer, Andrew+
Sent: Wednesday, January 02, 2002 3:08 PM
To: Pittarelli, Ernest [UBS]; ODonnell, Pat [UBS]; Meinel, Matt [UBS];
Dyrvik, Per [UBS]; Eber, Louis [UBS]; 'jweinberg@cov.com';
'awells@cov.com'; 'ssmith@cov.com'; 'mhopkins@cov.com';
'frumkinj@sullcrom.com'; 'wisemanm@sullcrom.com'; 'davye@sullcrom.com';
'william.glass@ubsw.com'; Stockman, Michael [UBS]
Cc: Brennan, James+; Meisner, Joseph+; Hunt, Jim+; Ming, Tom+; Sherrill,
Russell+; Schleimer, Andrew+
Subject: NetCo conference calls

Team:

We have set up two conference calls for this afternoon, the first at 5 pm (NY time) and the second at 5:30 pm. We are
currently confirming participation from Enron - either Louise Kitchen or John Lavoratto from the Wholesale trading
business.  You are each invited to join, either at 5 or 5:30 (the same call in number will work for both) depending on
your needs.

At 5, Ernie Pittarelli (Operations) plans to review with Louise or John the scope of the business going forward. This
may be of in interest to Pat O'Donnell (IT) and Per Dyrvik (Finance) as well.

At 5:30, the topic will turn to physical delivery. I would anticipate that Lou Eber (legal) will want to participate, as
well as outside counsel from Covington & Burling and Sullivan & Cromwell. Bill Glass (credit) and Mike Stockman (risk)
may also want to participate on this call.

The dial-in number, for both 5 and 5:30, is (888) 446-5348 (domestic) and (913) 338-9600 (international).

Conference Moderator:			James Brennan

Conference Passcode/Reservation#:	138925

Rgds
James

Visit our website at http://www.ubswarburg.com

This message contains confidential information and is intended only
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related financial instruments.


Attached is the agenda for tomorrow's Financial Council meeting.  Handouts
will be distributed at the meeting (non-Houston locations will receive in
advance of meeting).  Please call me with any questions.  Thanks!


---------------------- Forwarded by Judy Townsend/HOU/ECT on 11/15/2000 10:47
AM ---------------------------

"perfmgmt@enron.com"<perfmgmt on 11/14/2000 09:18:38 PM
To: judy.townsend@enron.com
cc:
Subject: Year End 2000 Performance Feedback

NOTE:  YOU WILL RECEIVE THIS MESSAGE EACH TIME YOU ARE SELECTED AS A REVIEWER.

You have been selected to participate in the Year End 2000 Performance
Management process by providing meaningful feedback on specific employee(s).
Your feedback plays an important role in the process, and your participation
is critical to the success of Enron's Performance Management goals.

To complete requests for feedback, access PEP at http://pep.corp.enron.com
and select Perform Review under Performance Review Services.  You may begin
providing feedback immediately and are requested to have all feedback forms
completed by Friday, November 17, 2000.

If you have any questions regarding PEP or your responsibility in the
process, please contact the PEP Help Desk at:

Houston: 1.713.853.4777, Option 4
London:  44.207.783.4040, Option 4
Email: perfmgmt@enron.com

Thank you for your participation in this important process.

The following is a CUMULATIVE list of employee feedback requests with a
status of "OPEN."   Once you have submitted or declined an employee's request
for feedback, their name will no longer appear on this list.

Review Group: ENRON
Feedback Due Date: Nov 17, 2000

Employee Name                   Supervisor Name                 Date Selected
-------------                   ---------------                 -------------
BARBE, ROBIN S                  SCOTT M NEAL                    Nov 12, 2000
BEATY, BEVERLY B                VICTOR LAMADRID                 Nov 06, 2000
FLETCHER, BRENDA H              WILLIAM A KELLY                 Oct 30, 2000
FRANKLIN, CYNTHIA H             VICTOR LAMADRID                 Nov 14, 2000
GARCIA, CLARISSA                VICTOR LAMADRID                 Nov 06, 2000
GERMANY, CHRIS L                SCOTT M NEAL                    Nov 03, 2000
GOODELL, SCOTT E                SCOTT M NEAL                    Nov 01, 2000
JUNEK, DANIEL R                 SCOTT M NEAL                    Nov 03, 2000
LAMADRID, VICTOR                ROBERT A SUPERTY                Nov 01, 2000
MITCHELL, MEREDITH L            VICTOR LAMADRID                 Nov 14, 2000
PANDYA, BHAVNA N                COLLEEN SULLIVAN-SHAKLOVITZ     Oct 30, 2000
PEREIRA, SUSAN W                SCOTT M NEAL                    Nov 12, 2000
RING, ANDREA K                  SCOTT M NEAL                    Nov 12, 2000
VERSEN, VICTORIA L              SCOTT M NEAL                    Nov 12, 2000


Here it is.
Thanks
Gary

-----Original Message-----
From: Jeffrey Watkiss [mailto:dwatkiss@bracepatt.com]
Sent: Thursday, December 14, 2000 11:35 AM
To: gfergus@brobeck.com; linda.robertson@enron.com
Cc: Ronald Carroll
Subject: Response to ISO Dispatch Orders

As of noon EST, the DOE still had not issued any order under section 202(c).
Thus, at least for now, Enron's obligations are a function of the ISO Tariff
and the Participating Generator Agreement.   Last Friday, the ISO filed with
FERC Amendment No. 33 to its tariff.  Among other things, the Amendment adds
to the section 5 of the  tariff  new provisions empowering the ISO to assess
a penalty against Participating Generators that refuse to operate in
response to an ISO Dispatch instruction during a System Emergency or when
the ISO is acting to avoid an imminent or threatened System Emergency.   The
penalty is stiff:  (1) a charge for each MWh of the Dispatch instruction
with which the Participating Generator does not comply equal to twice the
highest price for Energy, per MWh, paid in each hour by the ISO to any other
entity to produce Energy; and (2) if the ISO is required t call for the
involuntary curtailment of firm Load to maintain Applicable Reliability
Criteria during the System Emergency, then an additional charge equal to
$1,000 for each MWh of the Dispatch instruction with which the Participating
Generator does not comply.  The only defense to these penalties is to
provide proof that the generating unit in question was physically incapable
of running or it would have violated state or federal law to run it (e.g.,
air emission allowance limits).  The ISO asked FERC for an immediate
effective date of December 8, which FERC granted in a December 8 order.

 The ISO Tariff defines "Participating Seller or Generator" to mean  "A
generator or other seller of Energy or Ancillary Services through a
Scheduling Coordinator over the ISO Controlled Grid and which has undertaken
to be bound by the terms of the ISO Tariff."  If Enron is a Participating
Generator (Mary Hain informs me that Enron is not one), then it risks
incurring the new penalty if it fails to respond to an ISO order to sell
ancillary services to  the ISO.  I believe Enron might also risk incurring
the penalty in cases where it controls or has rights to all or a portion of
a generating capacity of a Participating Generator's unit.  If that capacity
is called on and the call is not answered because Enron is making some other
use of the capacity, the Enron may incur the penalty .  This seems to be
contemplated by section 4.1.1 of the Participating Generator Agreement which
obliges a Participating Generator to comply with the tariff (section 5.3) by
identifying the Generating Units that it owns, operates or has a contractual
entitlement to in Schedule 1, as required by Section 5.3 of the ISO Tariff.
(emphasis added).   As far as I know, it is that Schedule 1 that the ISO
consults when making decisions as to which Participating Generator to call
on.

I will forward to you Secretary Richardson's order as soon as it is issued.
Please call me if you have any questions.

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Kate

Just checking the status of Deal 506239.01 from Friday   Crandall deal
Enron Buys Dynegy
Mid C
1/29 only
25 mws   bloomberg has 390.00   Enron has $290.00

Thanks
Stephanie


Paul:  This was the only "hedge fund" related item that I could find.  I
think that I may be the lucky recipient of Moore Global Investments.  SS

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com
----- Forwarded by Sara Shackleton/HOU/ECT on 01/23/2001 05:31 PM -----

	Tana Jones
	12/14/2000 10:43 AM

		 To: Brent Hendry/NA/Enron@Enron, Sara Shackleton/HOU/ECT@ECT, Mark
Taylor/HOU/ECT@ECT, Carol St Clair/HOU/ECT@ECT, Susan Bailey/HOU/ECT@ECT,
Mary Cook/HOU/ECT@ECT, Samantha Boyd/NA/Enron@Enron, Robert
Bruce/NA/Enron@Enron, Stephanie Panus/NA/Enron@Enron, Cheryl
Nelson/NA/Enron@Enron
		 cc:
		 Subject: Hedge Funds

Just a note to Group after discussion w/paralegals and Mark:  on a going
forward basis if our counterparty is a hedge fund, we will ask for all
corporate documents, plus a copy of their prospectus (which should show us
what the fund is allowed to invest in).


The Pacific Research Institute has agreed to get an abstract out in early August, and according to Gary, will be marketing it.  Will have more info shortly.

Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854
----- Forwarded by Susan J Mara/NA/Enron on 07/23/2001 11:34 AM -----

	Gary Ackerman <foothillservices@mindspring.com> 07/23/2001 11:20 AM Please respond to foothillservices 	   To: Sue Mara <smara@enron.com>, Curtis Kebler <Curtis_L_Kebler@reliantenergy.com>, "Huhman, Steve" <steve.huhman@mirant.com>, Roger Pelote <roger.pelote@williams.com>, Greg Blue <gtbl@dynegy.com>, George Vaughn <gavaughn@duke-energy.com>, Mark Smith <Mark_J_Smith@fpl.com>, Bob Anderson <Robert_Anderson@apses.com>, Marcie Milner <MMilner@coral-energy.com>, John Marchand <jpmarchand@aep.com>  cc:   Subject: funders for PRI study

Whereas some of you have not yet committed to funding the PRI study by
Dr. Ben Zycher,  five of you have.  Those who have not confirmed
participation, please do so ASAP.  Per the request of Enron, and agreed
to by PRI, a preliminary abstract of the study will go out in early
August to members of the California Legislature.  This is to not only
wet their appetites, but also to provide some timely information in a
positive way while the Legislature remains in session.  The abstract
will be distributed by PRI.

gba


please give me a call re this cp

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


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		This email was sent to:  kruscit@ect.enron.com


---------------------- Forwarded by Ami Chokshi/Corp/Enron on 06/09/2000
10:39 AM ---------------------------

"Steve Holmes" <Steve.Holmes@dvn.com> on 06/09/2000 10:42:30 AM
To: <Ami.Chokshi@enron.com>, <Christina.Sanchez@enron.com>
cc:

Subject: Sea Robin Changes

The previous e-mail shoud have shown the 11 changes to be effective Monday,
June 12,. 2000.  I will correct the date and resend the changes.

Steve


confirming recent phone calls/messages, a "tentative" time/date of 10:00 a.m.
to noon (houston time) on wednesday, 6 dec00 has been set for a meeting
between siemens-westinghouse and enron re: the subject unit.  the exact
timing/date to be confirmed by siemens-westinghouse after mark tartaglio is
able to discuss/confirm with lynn dekrey.

attendees from enron to include ben jacoby, chris booth, kay mann (?), and
scott laidlaw(?).  to be confirmed.
attendees from siemens-westinghouse to include mark tartaglio and lynn
dekrey.  to be confirmed.

agenda as follows (to be confirmed):
 - discuss "facts" of issue.
 - siemens-westinghouse to present their response to enron's recent
correspondence.
 - discuss plan forward re: resolution of issue mindful of current
relationship between the parties.

plz call with any questions.  regards.  scott.

Scott Laidlaw
Project Manager
Enron Engineering & Construction Company
333 Clay Street, Suite 400
Houston, TX  77002

Work 713 646 6422
Fax 713 646 7374/6120


To: Sandra McDonald@ECT, Ozzie Pagan@ECT, Jason Weisepape@ECT
cc:
Subject: Austin Energy Cap Cost

Sandra

Attached is our best guess at a likely EPC cost - full disclosure on our
margin(profit) guess. I added gas compression per Janet's note - I still
think we should pitch this without compression and add it if we need to. I
think that is Charles' plan also. Has Jim heard anything from Lone Star????

Jason - I can't get Billy's address to work through email - would make sure
he gets a copy???

gracias
Bruce


Richard, I have to make a very quick trip out of town.

Can we plan to talk tomorrow afternoon re the Coe Miles instructions?  Say
about 3 pm?
                                         ++++++CONFIDENTIALITY NOTICE+++++
The information in this email may be confidential and/or privileged.  This
email is intended to be reviewed by only the individual or organization
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and delete this email from your system.  Thank You


Jim,

The pilot RTO Info Database is attached as per your request. Please
understand that this is a preliminary Draft of the database.

The database is pretty straightforward. The first page contains a list(with
links) of the current RTO in the database.
Document links for the talking points/Key issues have been completed for
DStar, Florida, and Southeastern.
The others will be completed shortly.

I welcome any suggestions/concerns as I will be changing most of the fields
of the database on an ongoing basis.

DH

p.s. If you have problems entering text or making changes the password to
unprotect the workbook is "Achilles"


Attached is PIRA's latest "Electricity Daily Demand Forecast."

If you have any questions regarding the report's content, please contact
Morris Greenberg (email: morris@pira.com) or Victoria Watkins (email:
vwatkins@pira.com), at (212) 686-6808.

Contact John Graziano regarding PIRA report distribution and address changes
at (212) 686-6808, email: support@pira.com.

NOTE: Circulation of the "Electricity Daily Demand Forecast" outside a
Client's licensed distribution area is strictly prohibited. Clients that are
unsure of their licensed distribution or require an extension of their
current license should contact their PIRA sales representative, or email to
sales@pira.com.

PIRA Energy Group

 - ed043001.pdf
 - ed043001.xls