?
?	VentureWire
	Wednesday, May 30, 2001		?
?	CONTENTS | COMPANIES | INVESTORS | ADVERTISE | TELL A FRIEND	VentureWire Index
		'VentureWire
		today: 699.6 ? -1.40%	?
?

		top stories

		  NotifyMe Networks Fails to Close Series D, Shuts Down
		  Software Firm MetaStorm Captures $20 Million in Round Two
		  Boxerjam Lays Off 37 to Stay Afloat, Searches for Buyers
		  Real Media's Co-Founder Leaving To Start New Online Company

		TODAY'S FEATURES
		Koch Ventures Investing Less But Expanding Presence
		By Matthew Sheahan
		Although the venture capital unit of Wichita, Kan.-based Koch Industries will
see a drop of between 10% and 15% in its investments this year, the unit is
expanding with new offices in the Southwest, including Dallas and southern
California. more>>
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		new money

		  Voice and Data Co. Spotwave Wireless Has $1.9M Series A
		 Bernina Biosystems Raises $6.5M in Second Round
		 Telecom Software Firm Trendium Closes Round Two at $25M
		  Australian Seek Communications Closes $1.6M Round
		  Newtek Capital Puts $3.6M in Universal Processing Services
		  vSimplify Closes Series B at $2.75 Million
		  Core Networks Receives Follow-On Financing in Series B
		  Speech Recognition Software Firm InfoTalk Nabs $12M
		  Meetings and Events Firm StarCite Closes $10M Round Three
		  Communications Provider eKit Raises $6.2 Million Series C
		  Biotech Firm Encelle Gets $7 Million Series C
		  Pegasus VC Invests in Info Security Firm Core SDI
		  Software Firm Esterel Raises $10.5 Million Third Round

		bad news

		  Sports and Fitness Portal Asimba Winds Down Operations
		  StockHouse Slashes 68% of Staff, Closes Four Offices
		  Hookt.com Files For Chapter 11, Seeks Buyer

		new products

		  Software Vendor Exteriority Launches, Buys Assets of PaperX
		 cPower Launches To Assist Tech Firms with Product Marketing

		m&a

		  IT Factory Makes Eighth Acquisition with NotesHouse
		  Online Sales Tech Firm NetSales Seeks Buyer
		  Sonik Acquires Broadbank Assets of RadioConnect
		  Chordiant Software Acquires Assests of ASP Outfitter
		  focusCORE Accepts Acquisition Offer by Avrio Group

		new directors

		  NETdelivery Adds Ex-AT&T President to Board
		  Systems Design Firm Nallatech Names Pentair Exec As Chair

		new people

		  Converged Switching Firm Gluon Names President & CEO
		  Enterprise Security Firm Solsoft Names New Chairman and CEO
		 Corechange Names Charles F. Kane President
		  InfoImage Appoints Thomas Niccoli as COO, President
		  Knowledge Management Firm QED Solutions Names President

		vc fund news

		  Woodside Investing On An Upswing Despite Market Woes
		  Pakistani Firm KASB TechVentures to Close Down in June
		  Southern Capitol Partners with State-Funded Biotech Center

		vc personnel

		  Ex-Pequot Capital VP Joins Partech as Portfolio Manager

		 TOP STORIES... NEW MONEY... BAD NEWS... NEW PRODUCTS... M&A... NEW
DIRECTORS... NEW PEOPLE... VC FUND NEWS... VC PERSONNEL

		top

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		 top stories
		?
		NotifyMe Networks Fails to Close Series D, Shuts Down
		 mail? top

		 SUNNYVALE, Calif. (VENTUREWIRE) -- NotifyMe Networks, which distributed
customizable interactive alerting services that enable real-time, two-way
communication across phones, pagers, and e-mail platforms, has shut down,
according to CEO Chuck Dietrick. Mr. Dietrick said that despite securing a
lead investor and raising half of the approximately $15 million Series D
financing, the company was unable to close the round and thus shut down. The
company employed a staff of 50. NotifyMe Networks now looks to sell off its
business assets through assignment company DSI. Ideally, said Mr. Dietrick,
the company will sell for "north of $5 million." Potential buyers include
large telecommunications and software companies. Prior to its efforts to
raise a Series D, NotifyMe Networks had raised $14.2 million from Attractor
Investment Management and individuals.
		http://www.notifyme.com

		Software Firm MetaStorm Captures $20 Million in Round Two
		 mail? top

		 SEVERNA PARK, Md. (VENTUREWIRE) -- MetaStorm, which develops software that
enables companies to integrate data and systems, announced the close of $20
million in second round financing. New investor UBS Capital Americas II led
the round, which also included new investor Ironside Ventures and 3i Group,
an existing investor. A company spokesperson declined to reveal post-money
valuation, but said it was "down moderately." Lawrence Handen, partner at UBS
Capital Americas, joins the board, which now has seven directors. Funds will
be used for sales, marketing, distribution, and customer support in North
American and international markets, expanding the company's presence in
Germany, Italy, South Africa, Australia, France, Spain, and Switzerland.
Metastorm, which employs about 150 people, expects to add another 20 to 25
employees by the end of the year. The company expects to see roughly $25
million in revenues for 2001.
		http://www.metastorm.com

		Boxerjam Lays Off 37 to Stay Afloat, Searches for Buyers
		 mail? top

		 CHARLOTTESVILLE, Va. (VENTUREWIRE) -- Boxerjam, a producer and distributor
of games and game shows for online, wireless, and broadcast networks is
looking for a buyer, according to CEO Alan Cunningham, who confirmed Tuesday
that 37 employees have been laid off and seven people remain at the company.
He said the company is currently engaged in discussions with prospective
buyers, adding that it was too early to say if anyone is interested. Mr.
Cunningham blamed the move on the present market environment, stating that
Boxerjam is still in business, but "operating on a low budget." All the
laid-off employees received a severance package consistent with market
standards, he said. Boxerjam, which has raised $15 million in funding to
date, is backed by New Enterprise Associates and Oak Investment Partners.
		http://www.boxerjam.com

		Real Media's Co-Founder Leaving To Start New Online Company
		mail? top

		 NEW YORK (VENTUREWIRE) -- Real Media, an online advertising firm, said David
Morgan, a co-founder and co-chairman of the company, will be leaving the
company on June 30 to start a new online company. Mr. Heinz Waegli, the CFO
of the PubliGroupe, will replace Mr. Morgan as co-chairman of the company.
The PubliGroupe holds a majority interest stake in Real Media. Mr. Morgan,
who said he was leaving to find another entrepreneurial challenge, also said
the new company would develop software tools to enable media companies to
capture and manage data about their audiences. For the moment Mr. Morgan said
he is financing the new venture by himself and has no plans for outside
funding. Real Media's other co-founders, CTO Gil Beyda and executive vice
president Charles Smith, will remain with the firm. Real Media said it
expects to reach profitability before the end of the year. The company has
raised more than $30 million from Advance Internet, Destination Group, and
PubliGroupe.
		http://www.realmedia.com

		 new money
		?
		Voice and Data Co. Spotwave Wireless Has $1.9M Series A
		mail? top

		 OTTAWA (VENTUREWIRE) -- Spotwave Wireless, a provider of voice and wireless
data services, said it raised CAD $3 million ($1.9 million) in Series A
financing, co-led by Venture Coaches and Primaxis Technology Ventures of
Toronto. The company plans to use the funding for product development.
Post-money, Spotwave has a valuation of $9.1 million. As a result of this
financing, Kerri Golden, a vice president of Primaxis Technology Ventures,
has been granted the sixth seat on the company's board of directors, which
also includes Claude Haw, managing partner of Venture Coaches; Conrad Lewis,
principal of Eagle One Ventures Corporation; and Luc Lussier, president and
CEO of Lumic Electuronics. A company spokesperson declined to reveal a burn
rate, but said Spotwave expected the funds to last through to the end of the
year. The company is currently raising a Series B round of $10 million to $15
million, to close before the year's end.
		http://www.spotwave.com

		Bernina Biosystems Raises $6.5M in Second Round
		mail? top

		 TUTZING, Germany  (VENTUREWIRE) -- Bernina Biosystems, which develops drug
delivery technology, said it raised DEM 15 million ($6.5 million) in
second-round funding led by new investor High Tech Beteiligungen, which
invested $3.5 million. Belgian Fonds Rendex, another new investor, invested
$1.3 million, and previous investors Earlybird and BioM invested $1.7
million. Bernina said the financing would be used to develop its
organ-specific drug delivery platform technology. The company also said it
has established partnerships with departments at the University of
Duesseldorf and the Regensburg University in Germany. Bernina said it is
targeting to reach profitability in 2003 or 2004.
		http://www.bernina-biosystems.com

		Telecom Software Firm Trendium Closes Round Two at $25M
		 mail? top

		 SUNRISE, Fla. (VENTUREWIRE) -- Trendium, a provider of high-end specialized
software for telecommunications firms, Internet service providers, and
broadband carriers, said it has closed its second round of funding at $25
million led by Mellon Ventures. Mellon was joined by other new investors
Vertex Management, Crossbow Ventures, GKM Venture Partners, as well as
individuals from the communications industry. Previous investors M/C Venture
Partners and Trinity Ventures also participated in the round. Trendium, which
raised $13.5 million in its first round of funding, said it will use the
latest funds to expand its sales and marketing in North America and Europe
and add new functions and features to its products, which are being tested
and deployed by several service providers.
		http://www.trendium.com

		Australian Seek Communications Closes $1.6M Round
		 mail? top

		 MELBOURNE, Australia (VENTUREWIRE) -- Seek Communications, an Internet job
site for Australia and New Zealand, said it raised AUD 3.1 million ($1.6
million) from return investors Yahoo!, AMWIN, Macquarie Technology Ventures,
AMCF, and new investor Acer Technology Partners Fund. No new board seats were
granted as a result of this funding. In July of 2000, the company received an
investment of $3.2 million from Yahoo!. Seek Communications' chairman Irvin
Rockman is also an investor in the company. Seek has raised $12.9 million to
date.
		http://www.seek.com.au

		Newtek Capital Puts $3.6M in Universal Processing Services
		 mail? top

		 NEW YORK (VENTUREWIRE) -- Newtek Capital, a publicly traded firm which
invests in early-stage technology and Internet companies, said it invested
$3.6 million in first-round funding for Universal Processing Services, a
provider of electronic processing technology for retail commerce
transactions. Universal Processing Services plans to dedicate the new funds
to expansion of its marketing programs, corporate infrastructure, and team.
As a result of this financing, Newtek received a 60% ownership interest in
Universal Processing Services and was granted three seats on the company's
five-member board.
		http://www.newtekcapital.com

		vSimplify Closes Series B at $2.75 Million
		 mail? top

		 STAMFORD, Conn. (VENTUREWIRE) -- vSimplify, which hosts corporate intranets,
online benefit enrollment, and voluntary benefits for small to midsize
companies, said it closed its Series B at $2.75 million with funding from
strategic lead investor Skandia Innovation U.S., previous investor
Connecticut Innovations, and Lexam Capital. The company said it will use the
money for infrastructure development and sales and marketing. America
Skandia, a subsidiary of Sweden-based Skandia Insurance, will co-market
vSimplify's products. Connecticut Innovations will provide marketing and
business development for the company. vSimplify closed its Series A round in
June 2000, led by Connecticut Innovations, at $4.5 million with participation
from American Skandia and individual investors. Founded in 1999, the company
reports a $300,000 monthly burn rate. The company also announced the addition
of three board members: Anders O. Soderstrom, president of Skandia
Innovation, US; Peter Longo, managing director of Connecticut Innovations;
and David W. Mullins Jr., former vice chairman of the Federal Reserve Board
under Alan Greenspan, and assistant secretary of the treasury for domestic
affairs in the first Bush administration. Mr. Mullins previously sat on the
advisory board of vSimplify.
		http://www.vsimplify.com

		Core Networks Receives Follow-On Financing in Series B
		 mail? top

		 HALIFAX, Nova Scotia (VENTUREWIRE) -- Core Networks, which develops
activation and network management software applications for the high-speed
Internet-over-cable industry, said it received follow-on financing to its
Series B round, in which the company raised $10.5 million in March. The
amount of this investment was not disclosed. Return investor Royal Bank
Capital Partners and new investor Intel Capital provided the new financing,
which will be used for business development. The deal was based on the same
valuation as the March funding, which was provided by Royal Bank Capital
Partners Telecommunications Fund, ACF Equity Atlantic, and Skypoint Capital.
		http://www.corenetworks.com

		Speech Recognition Software Firm InfoTalk Nabs $12M
		 mail? top

		 HONG KONG (VENTUREWIRE) -- InfoTalk, which develops conversational speech
recognition technology, said it has closed $12 million in a round of
financing. New investor imGO led the round, with participation from other new
investors Accenture Technology Ventures and HSBC Private Equity Asia.
Existing investor Walden International also participated in the round. J.P.
Morgan acted as placement agent. Funds will be used for expansion. Prior to
this round, InfoTalk had received $4 million from Walden International and $1
million from Singaporean technology fund TDF Management.
		http://www.infotalk.com.hk

		Meetings and Events Firm StarCite Closes $10M Round Three
		 mail? top

		 PHILADELPHIA (VENTUREWIRE) -- StarCite, a provider of supply-chain
purchasing and management technology for the meetings and events industry,
said it raised $10 million in third round of financing led by new investor
American Express with participation from Breakaway Solutions, Maritz Travel,
Starwood Hotels & Resorts Worldwide, Strattech Partners, and VerticalNet.
Previous investors Internet Capital Group, McGettigan Partners, Mellon Bank,
and Networld also participated in this round. The company plans to dedicate
the new funds to working capital and expansion. A company spokesperson
declined to reveal the valuation, but indicated that this was a down round.
As a result of this financing, American Express and Starwood Hotels & Resorts
Worldwide have each been granted one seat on the company's seven-member
board, which includes Mike Forster of the Internet Capital Group and Davor
Gjivoje of Networld. Prior to this round, StarCite raised a first round of $6
million in October of 1999 from the Internet Capital Group and McGettigan
Partners. In June of 2000 the company closed $14 million in second-round
financing from the Internet Capital Group, Mellon Bank, and Networld.
		http://www.starcite.com

		Communications Provider eKit Raises $6.2 Million Series C
		 mail? top

		 MELBOURNE, Australia (VENTUREWIRE) -- eKit, a provider of unified messaging
technology services for travelers, said that it received AUD $12 million
($6.2 million) in Series C financing led by previous investor Allen &
Buckeridge, with unnamed existing investors participating. Intel Capital, a
new investor, also participated in this round. The company plans to use the
new funds for product development and international expansion in Europe,
North America, and Asia. As a result of this financing, Intel was granted a
non-voting observer seat on the company's four-member board, which includes
Frank Foster of Arllen & Buckeridge. According to co-CEO Bryan Rowe, this was
a down round, with a post-money valuation of approximately $13 million. With
a burn rate of "between $100,000 and $200,000" per month, Mr. Rowe
anticipates that the company will reach profitability by the fourth quarter
of this year and does not expect to raise additional capital in the near
future. Prior to this round the company raised approximately $7 million from
Allen & Buckeridge, AMP Investments, Escor, JGL Investments, and unnamed
individuals.
		http://www.ekit-inc.com

		Biotech Firm Encelle Gets $7 Million Series C
		 mail? top

		 RALEIGH, N.C. (VENTUREWIRE) -- Encelle, which develops an injectable
biopolymer that helps skin ulcers heal, announced that it has raised a Series
C round of $7 million co-led by previous investor InterSouth Partners and new
investor Koerner Capital. There has also been participation from previous
investors Child Health Investment, Cordova Ventures, the N.C. Enterprise
Fund, and North Carolina BioScience Fund/Eno River Capital. New investors
Hibernia Capital and Coastal Growth Partners also participated in this round,
which had its first close at $4 million in December of 1999. The company
plans to use the new funds for continued human clinical trials and staff
expansion. According to Encelle CEO James D. Woodward, this round was "just
slightly up," with a post-money valuation of $20 million. As a result of this
financing, John Koerner of Koerner Capital has joined as the seventh member
of the company's board of directors, which includes Dr. Teo Dagi of Cordova
Ventures and Dennis Dougherty of Intersouth Partners. Mr. Koerner will be
taking the seat of company co-founder John Sherwin Jr., who has resigned from
the board. Encelle is currently raising a Series D round of $8 million in a
combination of strategic and venture capital, to close this fall.
		http://www.encelle.com

		Pegasus VC Invests in Info Security Firm Core SDI
		 mail? top

		 BUENOS AIRES, Argentina (VENTUREWIRE) -- Pegasus Venture Capital, a Latin
American investment fund, said it led a $3 million round of financing for
Core SDI, a provider of security products and services for information
systems. Pegasus contributed $2.5 million, while individuals invested the
remaining $500,000. Core's flagship product, Core Security Solution, provides
services for security administration and management for large enterprises.
Customers include Ernst & Young, Amazon.com, Microsoft , Bank of Boston, and
PricewaterhouseCoopers.
		http://www.core-sdi.com

		Software Firm Esterel Raises $10.5 Million Third Round
		mail? top

		 GUYANCOURT, France (VENTUREWIRE) -- Esterel Technologies, which develops
software tools for verification and validation of embedded systems, said it
secured EUR 12.3 million ($10.5 million) in third-round funding from Advanced
Capital Europe, CDC Innovation Partners, Galileo Partners, and Intel Capital.
The company said the funding would be used for its expansion in North
America, the U.K., Germany, Scandinavia, and Asia. Esterel Technologies has
received funding from eNgenuity Technologies, which owns a 22.7% equity stake
in the firm, and from Financiere de Brienne, Inria Transfert, Innoven,
Innotech, Finno, and Thales Corporate Ventures.
		http://www.esterel-technologies.com

		 bad news
		?
		Sports and Fitness Portal Asimba Winds Down Operations
		 mail? top

		 REDWOOD CITY, Calif. (VENTUREWIRE) -- Asimba, a sports and fitness lifestyle
site, has ceased operations and is "actively" looking for a buyer, a
spokesman for the company said. Asimba did not say what led to the shut down,
but said it will continue to operate its Web site and service its existing
customers. However, the company will not "be taking on new businesses."
Asimba is backed by McCown De Leeuw & Co., I-Hatch Ventures, CMGI@Ventures,
Global Retail Partners, and Fayez Sarofim & Co.
		http://www.asimba.com

		StockHouse Slashes 68% of Staff, Closes Four Offices
		 mail? top

		 VANCOUVER, British Columbia (VENTUREWIRE) -- StockHouse Media, which
provides online financial content and development products and services, said
it cut 85 positions, or 68% of its staff, last Wednesday as the company
restructures in response to market conditions. StockHouse also said it closed
its offices in Australia, Hong Kong, Singapore, and the U.K., but will
continue to operate its Web sites for these countries out of its North
American offices. StockHouse said the cuts were concentrated in content and
software development and all the laid-off employees received severance. Forty
people remain with StockHouse Media in its offices in Toronto, Sarasota,
Fla., and Vancouver. StockHouse said it would continue to provide its free
online services but also plans to launch a fee-based, real-time stock
information service this summer. The company, which said the layoffs reduced
the monthly burn rate by almost 50%, is targeting to reach profitability by
the end of the year. In addition, StockHouse said it plans to raise a $10
million to $15 million third round within the next six months. To date,
StockHouse has raised over $30 million from chinadotcom, New World CyberBase,
SCMP.com, and individual investors.
		http://www.stockhouse.com

		Hookt.com Files For Chapter 11, Seeks Buyer
		 mail? top

		 NEW YORK (VENTUREWIRE) -- Hookt.com, an online destination for hip-hop
music, news, culture, fashion, and shopping, said it has filed for
reorganization under Chapter 11 bankruptcy. The company said pending lawsuits
against the company by two of its former Web developers prompted it to file.
Hookt said Chapter 11 filing will result in an automatic stay of all actual
and pending litigation and that the company will continue its day-to-day
operations while it evaluates its alternatives--including the potential sale
of the company. In January, Hookt merged with Platform.net, an urban
lifestyle portal and e-commerce network. The merged companies consolidated
staff and operations at Hookt's Manhattan offices, but remained separately
branded Web sites. A Hookt spokesperson said Platform is a subsidiary of
Hookt and has not filed for bankruptcy. Hookt has a staff of 25. Hookt, which
recently raised a $5 million round of funding, is backed by investors
including Warburg Pincus, Chase Capital Entertainment Partners, and
Quetzal/Chase Capital Partners. Platform.net's backers include Spinnaker
Capital, Sony Music Entertainment, and individual investor Michael Tannen.
		http://www.hookt.com
		http://www.platform.net

		 new products
		?
		Software Vendor Exteriority Launches, Buys Assets of PaperX
		mail? top

		 LONDON (VENTUREWIRE) -- Exteriority said it acquired the software assets of
PaperX, a defunct London-based paper marketplace, and is launching a new
e-commerce software business. The terms of the deal were not disclosed.
Exteriority was founded by Borge Bogaard, Christoph Ferch, and Ian Leader,
former members of the PaperX management team. Mr. Leader, who was PaperX's
technology director, said Exteriority will not continue the marketplace
business of PaperX. Instead, it will provide private marketplace and
supply-chain software to businesses. PaperX closed down in February and laid
off all of its employees. Mr. Leader said three people from PaperX's
technology team have joined Exteriority, which is headed by Mr. Ferch, the
CEO. Mr. Bogaard is chairman and chief operating officer, and Mr. Leader is
the chief technology officer. According to Exteriority, PaperX invested more
than EUR 11 million ($9.5 million) in the development of its software, with
venture capital provided by Apax Ventures, Finnish investor Menire, and
Insight Capital's European fund. PaperX had raised a total of $12.9 million
in venture financing, Mr. Leader said. Exteriority is backed by undisclosed
individual investors. The company also announced it has teamed up with the
European Bio-Energy Exchange to develop an e-procurement software platform
for bio fuels.
		http://www.exteriority.com

		cPower Launches To Assist Tech Firms with Product Marketing
		 mail? top

		 SAN DIEGO (VENTUREWIRE) -- cPower, a consulting firm providing marketing
services to business-to-business firms, announced the company's launch and
spin off from the advertising firm DRB Partners. cPower will help both high
technology and other types of companies launch new products. P. Griffith
Lindell, a former senior partner at DRB, founded the company with Richard P.
Fedchenko, Raymond Brown, Karen Milne, and Victor Chinn. cPower also said it
aims to close a first round of funding for between $1.6 million and $5
million within the next six months. It also said it expects to be profitable
in three years.
		http://www.cpowerinc.com

		 m&a
		?
		IT Factory Makes Eighth Acquisition with NotesHouse
		 mail? top

		 BOSTON (VENTUREWIRE) -- IT Factory, an international supplier of
collaborative Internet business products and services and a Lotus independent
software vendor, said it plans to complete its acquisition of NotesHouse, a
Lotus Notes consultancy firm, within the next 30 days. No financial details
were disclosed. This is IT Factory's eighth acquisition. The company said the
acquisition would be fully incorporated but also said there would be no
changes to NotesHouse's Copenhagen, Denmark-based office and 16-person staff.
Christian Holst Jensen, the managing director of NotesHouse, will continue
with the company and become a vice president with IT Factory. NotesHouse had
not received outside funding. IT Factory, which is backed by 2M Invest,
BankInvest, Den Danske Bank, and Gilde, also said it plans on closing a $20
million to $30 million round with all new investors within the next 60 to 90
days. Salomon Smith Barney is acting as the placement agent for the round.
Edwards & Angell provided legal counsel to IT Factory.
		http://www.itfactory.com

		Online Sales Tech Firm NetSales Seeks Buyer
		 mail? top

		 OVERLAND PARK, Kan. (VENTUREWIRE) -- NetSales, a provider of technology and
support services aimed at connecting buyers and suppliers to each other via
the Internet, said it is seeking a buyer. "They are in discussions concerning
potential sale of assets or the whole company," said a company spokesperson.
The company laid off 63 employees across the board last December, saying it
was focusing more on supplier integration. Last summer NetSales sold its
online software sales division, eliminating 70 jobs, as part of its shift
from a business-to-consumer focus to a business-to-business market. The
spokesperson said while there have been no more layoffs, the company is
"constantly evaluating." NetSales' backers include Advanta Partners, Chase
Manhattan, HarbourVest Partners, and Kansas City Equity Partners, Norwest
Equity Partners, Time Warner, and Wells Fargo.
		http://www.netsales.com

		Sonik Acquires Broadbank Assets of RadioConnect
		 mail? top

		 VISTA, Calif.  (VENTUREWIRE) -- Sonik Technologies, which develops and
manufactures radio frequency-based systems for wireless networks, said it
acquired the Broadband Wireless Spread Spectrum product line of RadioConnect,
and that RadioConnect's founder and employees have joined Sonik. Financial
details were not disclosed. RadioConnect's founder H. Maurice France is now
vice president of RadioConnect products at Sonik. All of RadioConnect's
employees, which numbered less than ten, have relocated from their Torrance,
Calif. location to Sonik's headquarters in Vista, Calif. Sonik Technologies
is a subsidiary of Vytek Wireless, a wireless data firm. Sonik Technologies
is profitable and was acquired by Vytek in October 2000. Vytek Wireless is
backed by CIBC World Markets, Charterhouse Group International, and Softbank.
		http://www.sonik.com
		http://www.vytek.com

		Chordiant Software Acquires Assests of ASP Outfitter
		 mail? top

		 CUPERTINO, Calif. (VENTUREWIRE) -- Chordiant Software, a publicly traded
company that provides CRM applications, said it acquired certain assets of
ASP Outfitter. While full terms of the deal were not revealed, Chordiant did
receive intellectual property assets and server technology. According to a
Chordiant spokesman, the remaining assets of ASP Outfitter have been merged
with a hardware company that is part of the portfolio of Palo Alto,
Calif.-based venture capital firm Crescendo Ventures, which was a majority
investor in ASP Outfitter. Crescendo could not be reached for comment. ASP
Outfitter was also backed by West Covina, Calif.-based Falcon Fund.
		http://www.chordiant.com

		focusCORE Accepts Acquisition Offer by Avrio Group
		 mail? top

		 IRVINE, Calif. (VENTUREWIRE) -- focusCORE, a provider of subscription-based
computing services and managed application hosting, announced that it has
accepted an acquisition offer by Avrio Group, a management advisory and
investment group specializing in communications and Internet technologies.
The companies expect the transaction, the terms of which were not disclosed,
to close by June 15. focusCORE's backers include Network Ventures and unnamed
individuals.
		http://www.focuscore.com

		 new directors
		?
		NETdelivery Adds Ex-AT&T President to Board
		 mail? top

		 BOULDER, Colo. (VENTUREWIRE) -- NETdelivery, which provides digital
applications for next generation online data management, said John R. Walter
has become the seventh member of the board of directors. He was introduced to
the company through the board. Previously, Mr. Walter was AT&T's president
and COO and R.R. Donnelley and Sons's chairman, president, and COO. He is
currently a member of the following boards: Abbott Laboratories, Deere &
Company, Celestica, Manpower, and Jones Lang LaSalle. Founded in 1995,
NETdelivery's investors are Apex Venture Partners, First Analysis, Keystone
Venture Capital, and the Productivity Fund. The company expects to announce
an eighth member to its board by the end of the week and will also appoint a
new vice president of sales within the next few weeks.
		http://www.netdelivery.com

		Systems Design Firm Nallatech Names Pentair Exec As Chair
		 mail? top

		 GLASGOW, Scotland (VENTUREWIRE) -- Nallatech, an electronic systems design
and supply company, said it appointed Ken Lewandowski as chairman of its
board of directors. Mr. Lewandowski currently serves as president of Pentair
Enclosures Group Europe, a division of publicly traded Pentair, a
manufacturer with core businesses in the tools, water technologies, and
enclosures markets. In December 2000 Nallatech raised $2.9 million in its
first round of funding from 3i and Scottish Equity Partners.
		http://www.nallatech.com

		 new people
		?
		Converged Switching Firm Gluon Names President & CEO
		 mail? top

		 PETALUMA, Calif. (VENTUREWIRE) -- Gluon Networks, a developer of converged
switching and management systems for local service providers, said it has
appointed Jo Anne Heywood Miller as president and CEO. Ms. Miller, who
officially joins the company on June 26, replaces George Hawley, who will
continue with the company as chairman of the board and will also serve as a
senior advisor to the company. Prior to joining Gluon Networks, Ms. Miller
was founding vice president of engineering for wireless and voice-over-IP
firm JetCell, which was acquired by Cisco Systems in May 2000. Gluon Networks
has a seven-member board which includes investor representatives David Britts
of J.P. Morgan and Tom McConnell of New Enterprise Associates. The company is
also backed by the Texas Pacific Group.
		http://www.gluonnetworks.com

		Enterprise Security Firm Solsoft Names New Chairman and CEO
		mail? top

		 MOUNTAIN VIEW, Calif. (VENTUREWIRE) -- Solsoft, a provider of a management
system for enterprise security, said it named Robert de Monts as chairman and
CEO. Mr. de Monts previously served as president and COO of BoostWorks, an
Internet infrastructure software company. He replaces Victor C. Langford, who
was promoted from  president and chief operating officer last October. A
company spokesperson said Mr. Langford has joined Avaya, a Lucent spinoff,
but remains a large shareholder of Solsoft. The company is backed by Carlyle
Internet Partners Europe, Intel Capital, Cita, Innovacom-Technocom, Societe
Generale Asset Management, Sofinnova Partners, Vantech, and Viventures.
		http://www.solsoft.com

		Corechange Names Charles F. Kane President
		 mail? top

		 BOSTON (VENTUREWIRE) -- Corechange, a provider of e-business access software
for deploying portals, said it named Charles F. Kane as president of the
company. Mr. Kane joined Corechange as COO and CFO, and will continue to
serve in those positions. He replaces Corechange founder and CEO Ulf Arnetz,
who has been named chairman of the board of directors and remains CEO. Mr.
Arnetz replaces Martin Hart as chairman, who will remain on the board. Prior
to joining Corechange, Mr. Kane served as vice president and CFO of Ardent
Software. Earlier this month, Corechange announced it raised a $25 million
Series C round led by UBS Capital Americas that included new investors Exelon
Capital Partners, Nortel Networks, and SG Cowen Ventures, as well as previous
investors ABN AMRO Private Equity and HarbourVest Venture Partners.
		http://www.corechange.com

		InfoImage Appoints Thomas Niccoli as COO, President
		 mail? top

		 PHOENIX (VENTUREWIRE) -- InfoImage, which provides enterprise decision
software, said Thomas Niccoli has joined as president and the company's first
chief operating officer. CEO Randy Eckel had held those responsibilities
before Mr. Niccoli's appointment. Prior to InfoImage, Mr. Niccoli founded and
served as managing partner for the USWeb office in Phoenix. He also held
senior positions at Xantel and ComputerLand. He was introduced to Mr. Eckel
by a mutual associate. InfoImage has raised $38 million to date from Boston
Millennia Partners, Geo Capital, Global Technology Group, meVC Draper Fisher
Jurvetson, Microsoft, National Bank of Kuwait, and Tudor Investment
Corporation.
		http://www.infoimage.com

		Knowledge Management Firm QED Solutions Names President
		 mail? top

		 TYSONS CORNER, Va. (VENTUREWIRE) -- QED Solutions, which provides software
platforms that support data conversion, cleanup, coding, training, and
process development for drug safety information, said Richard B. Toren has
joined the company as its first president. Mr. Torens, who takes over some
duties from CEO and chairman Victor Gogolak, was introduced to QED by search
firm J. Robert Scott. As president, Mr. Torens will focus on business
development, product development, and expanding database capabilities. The
company is backed by Westport, Conn.-based Oxford Bioscience Partners.
		http://www.qedrx.com

		 vc fund news
		?
		Woodside Investing On An Upswing Despite Market Woes
		 mail? top

		 REDWOOD SHORES, Calif. (VENTUREWIRE) -- At a time when many venture firms
are slowing the pace of investing, Redwood Shores, Calif.-based Woodside Fund
is looking to invest more aggressively. According to Woodside Fund principal
Daniel H. Ahn, the firm is shooting for eight new deals this year, two more
than usual.  "We're investing like gangbusters," Mr. Ahn said. While many
firms have hit the brakes when it comes to new deals, in part because they're
busy mending weak investments, Mr. Ahn believes now is the best time to buy
because fewer investors means lower valuations. "When everyone is buying,
everyone bids up prices and that's not the time to make deals," he said.
Woodside, which has made four new investments this year, is close to closing
on two new deals, and is in the process of examining two others. Mr. Ahn
would not comment on the new investments, only to say they involved companies
in the semiconductor and networking spaces. The companies Woodside has
invested in this year include TrueSAN Networks, a San Jose, Calif.-based
provider of enterprise storage network services; Milpitas, Calif.-based
General Nutronics, a developer of multi-petabit optical switches; and San
Francisco-based Intelligent Markets, a maker of trading platforms for
financial institutions. In other developments at Woodside, Mr. Ahn said all
the firm's limited partners have agreed to reinvest in its next fund, which
Woodside expects to raise early next year. "They're all re-upping between one
and two times as much," he said. Woodside raised a $135 million fund in April
2000 and has about one-third remaining, Mr. Ahn said.
		http://www.woodsidefund.com

		Pakistani Firm KASB TechVentures to Close Down in June
		 mail? top

		 LAHORE, Pakistan (VENTUREWIRE) -- KASB TechVentures, an incubator and
early-stage venture capital unit, will close its doors next month, according
to the venture fund's chief executive officer, Altaf Khan. The company was
started by Pakistani investment firm Khadim Ali Shah Buhari & Co. this past
autumn. In a company statement Mr. Khan said that its investor has
"terminated the money supply" rather than waiting for returns from an IT
remote access initiative. The incubator had planned to focus on Pakistani
businesses in the infrastructure, networking, software, hardware, Internet,
telecommunications, and financial service sectors, with investments of
between $100,000 and $1 million in portfolio companies. Khadim Ali Shah
Buhari & Co. could not be reached for comment.
		http://www.kasbtv.com

		Southern Capitol Partners with State-Funded Biotech Center
		 mail? top

		 RESEARCH TRIANGLE PARK, N.C. (VENTUREWIRE) -- Southern Capitol Ventures, a
Research Triangle Park, N.C.-based venture capital firm, said it has formed a
partnership with North Carolina Biotechnology Center, a state-funded
biotechnology research and development center. Ben Brooks, the founder and
managing director of Southern Capitol, said his firm will have access to NC
Biotechnology Center's resources, including its management expertise. Through
the partnership, Southern Capitol will receive $100,000 towards a $20 million
fund it is planning to close by November. Southern Capitol, which was formed
in December of 2000, invests in early-stage companies, focusing 60% of its
investments on information technology companies and 40% on biotechnology. The
company has invested in branded e-mail technology firm FullSeven
Technologies, its first and only investment to date. Southern Capitol is also
an investor in The Atlantis Group, an early-stage venture capital firm.
		http://www.southcapitalventures.com

		 vc personnel
		?
		Ex-Pequot Capital VP Joins Partech as Portfolio Manager
		 mail? top

		 SAN FRANCISCO (VENTUREWIRE) -- Partech International, a venture capital
firm, announced that Kevin Carrington has joined the firm as a portfolio
manager for its $130 million AXA U.S. Growth Fund. Prior to joining Partech,
Mr. Carrington was a vice president at Pequot Capital Management, where he
focused on enterprise software and technology services. Partech focuses on
expansion and later-stage investments in Web services, e-business
infrastructure software and services, communications software and services,
and collaborative vertical services and products.
		http://www.partechvc.com

		company index
		top

		Asimba, Asimba, Axerra Networks, Bernina Biosystems, Bernina Biosystems,
BitFlash, Boxerjam, ChipData.com, Chordiant Software, CommerceFlow, Converge,
Core Networks, Core SDI, Core SDI, Corechange, Corechange, cPower, cPower,
CryoCor, Delphi Communication Systems, DigitalMoJo, eKit.com, Elagent,
Encelle, Esterel Technologies, Esterel Technologies, Exteriority, focusCORE,
focusCORE, Gluon Networks, Gluon Networks, Gluon Networks, Hookt.com,
Hookt.com, InfoImage, InfoImage, InfoTalk, InfoTalk, iSovia, IT Factory, IT
Factory, KASB TechVentures, Koch Ventures Group, Metastorm, Metastorm,
Nallatech, Nerve Wireless, NetByTel, NETdelivery, NetSales, Newtek Capital,
Newtek Capital, NotifyMe Networks, octopus.com, Optimight Communications,
Outstart, Partech International, Partech International, Partech
International, Pelago Networks, Platform.net, Platform.net, Proteus,
PurpleYogi, QED Solutions, QED Solutions, Real Media, Real Media, Real Media,
Riptech, Seek Communications, Seek Communications, Solsoft, Solsoft, Solsoft,
Sonik Technologies, South Capital Ventures, South Capital Ventures, Spotwave
Wireless, Spotwave Wireless, StarCite, StockHouse Media, Trendium, vSimplify,
vSimplify, Vytek Wireless, Woodside Fund, World Wide Packets

		Around-the-clock global trading is almost here.
		New access to the reinsurance market is needed.
		Corporations must better manage their credit departments.

		At Financial Services Outlook, you'll meet the people
		running the companies that are taking these challenges
		head on.

		Financial Services Outlook
		July 31
		The Marriott World Trade Center

		Register before June 19 and SAVE
$100:http://www.financialservicesoutlook.com/register.asp

		investor index
		top

		Accenture Technology Ventures, Accenture Technology Ventures, Acer Technology
Ventures, Acer Technology Ventures, Advanced Capital Europe, Advanced Capital
Europe, Allen & Buckeridge, AMCF, AMCF, Amwin Management, Amwin Management,
Belgian Fonds Rendex, Belgian Fonds Rendex, BioM, BioM, CDC Innovation, CDC
Innovation, Child Health Investment, Coastal Growth Partners, Connecticut
Innovations, Connecticut Innovations, Cordova Ventures, Earlybird, Earlybird,
Eno River Capital, Galileo Partners, Galileo Partners, Hibernia Capital
Partners, High Tech Beteiligungen, High Tech Beteiligungen, HSBC Private
Equity Asia, HSBC Private Equity Asia, imGO, imGO, Intel Capital, Intel
Capital, Intel Capital, Intel Capital, Intersouth Partners, Koerner Capital,
Lexam Capital, Lexam Capital, Macquarie Technology Ventures, Macquarie
Technology Ventures, North Carolina BioScience Fund, North Carolina
Enterprise Fund, Pegasus Venture Capital, Pegasus Venture Capital, Royal Bank
of Canada Capital Partners, Skandia Innovation U.S., Skandia Innovation U.S.,
Walden International Investment Group, Walden International Investment Group,
Yahoo!, Yahoo!

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			?


How about Eric Moulds and Kevin Faulk for Ed McCauffrey, Yancy Thigpen and
Mike Cloud
PL


Do you have (or bob) copies of nng's debt agreements, current?
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)


---------------------- Forwarded by Todd Peterson/ENRON_DEVELOPMENT on
03/06/2001 01:50 PM ---------------------------

Nancy Corbet
07/07/2000 05:43 PM
To: Todd Peterson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Daniel R Rogers/ENRON_DEVELOPMENT, Rick
Bergsieker/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Wayne
Perry/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Doug
Rotenberg/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, masseye@arentfox.com, Coralina
Rivera/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Kniemann@edisonmission.com

Subject: Revised Draft Cabot Letter

Further to Dan's meeting with Rick late this afternoon I have amended the
previous draft sent to Todd et al this morning .

 I have also included language to refute the claim made by Cabot that the
facility is "infirm"  because it is not capable of receiving at the contract
rate  during this commissioning period. Although there is no express
provision regarding commissioning rate in the contract , according to
industry practice the  rate at this time may be understandably  lower but
this does not give them the right to direct the vessel elsewhere as long as
we are paying demurrage. TODD , I AM ASSUMING THIS TO BE THE CASE, SO PLEASE
DELETE/MODIFY THIS PARAGRAPH IF THERE ARE RATE/ OTHER ISSUES OF WHICH I AM
NOT AWARE.

   Attached please find the draft which should, per Rick's instructions, be
sent to Cabot via fax Saturday morning in accordance with the notice
provisions of the LNG Sales Contract. I have not forwarded this revised draft
to EdisonMission. In the mean time any further comments should be directed to
Todd.
---------------------- Forwarded by Nancy Corbet/ENRON_DEVELOPMENT on
07/07/2000 05:10 PM ---------------------------

Connie Castillo
07/07/2000 05:07 PM
To: Daniel R Rogers/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Nancy
Corbet/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:

Subject: Revised Draft Cabot Letter


Are you in on the game tonight?


fyi
---------------------- Forwarded by Ronald Brzezinski/EWC/Enron on 05/30/2002
05:40 PM ---------------------------

Kevin Cousineau
04/09/2002 02:25 PM
To: Dan Lindquist/EWC/Enron@Enron, Benjamin Bell/EWC/Enron@ENRON, Jay
Godfrey/EWC/Enron@ENRON, Craig Christenson/EWC/Enron@ENRON, Ronald
Brzezinski/EWC/Enron@ENRON, Jeff Maurer/EWC/Enron@ENRON, Jeff
Marecic/EWC/Enron@Enron, Hollis Kimbrough/EWC/Enron@ENRON
cc:

Subject: SCADA Version IV proposals

Dan:

See attached memos. Read the overview first.

Regards

KLC


Guz,

I just got some tickets to the game tonight from work.  If you are going
somewhere before I'd love to hook up.

I don't have your phone at your desk, maybe I'll try your cell if you don't
get this message.

B


Can you please advise of legal holidays in Brazil during the remainder of
February and March?  I don't know how many days Mardi Gras/lent last.  I need
to plan future trips to Sao Paulo.  Thanks.  Sara


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


Congratulations!  You've helped make Enron one of America's elite
corporations.  We had a stunning performance in 2000, and, as a result, Enron
now ranks No. 7 on the Fortune 500, up from No. 18 last year.

The Fortune ranking is based on revenues of the nation's largest companies.
Last year, propelled by an enormous increase in volumes on EnronOnline, we
topped the $100 billion mark.  We expect to continue growing and climbing on
the Fortune 500 list.  This amazing growth is part of the reason we have
developed a new vision for Enron: to become The World,s Leading Company.
With your continued dedication and creative performance, we can realize
another year of stellar performance and will surely achieve this latest and
most compelling vision.

The Fortune 500 issue will be on newsstands April 16, however, you can read
about it now at www.fortune.com.


Pretty much, its turning into the only day they have available for what we need...short of Thanksgiving weekend or late December...which is getting a bit close to the Holidays...

What do you think? Is it a good way to end the month?

 -----Original Message-----
From: 	Semperger, Cara
Sent:	Wednesday, October 31, 2001 2:28 PM
To:	Williams III, Bill
Subject:	RE: McMennamin's Thing

is the 30th set in stone?

 -----Original Message-----
From: 	Williams III, Bill
Sent:	Wednesday, October 31, 2001 2:27 PM
To:	Semperger, Cara
Subject:	RE: McMennamin's Thing

Cara,
Sounds good but...we had to change the night to November 30th...I'm sorry. Hopefully it still works for you guys. Did you want to get rooms as well. If so just speak with Jill Chatterton. More to follow.

B

 -----Original Message-----
From: 	Semperger, Cara
Sent:	Wednesday, October 31, 2001 2:15 PM
To:	Williams III, Bill
Subject:	McMennamin's Thing

The 4 of us are confirmed to go, please add us to the list and send me the details.

Thanks,

Cara


Here is the revised bullet sheet along with the draft agreement.


Tana, please fax to me at 44 20 7783 8225. Thx, Edmund

 -----Original Message-----
From: 	Jones, Tana
Sent:	08 November 2001 22:10
To:	Cooper, Edmund; Brungs, Ian
Cc:	Sager, Elizabeth; Portz, David
Subject:	Master Netting Agreement- AEP Companies

We are trying to get a Master Netting Agreement in place tomorrow with various AEP companies.  ECTRIC has several trading agreements in place with AEP entities.  We need someone in London to verify that we are referencing the ECTRIC agreements correctly in the Master Netting Agreement.  I am faxing the first two pages of the Master Netting Agreement to Edmund's attention at fax number 011-44 20-7783-8667.  Can one of you please take a look at this in the morning and verify that the information referenced in the agreement is correct since we do not have a copy of your agreements.

Much thanks!


I will FEDEX the tickets.   Party hard for me.  G,  You need to come to
Houston when you get a chance and well have a good time.

"Townsend, George" <gtownsend@manorisd.net> on 11/10/99 11:42:41 AM
To: Gerald Nemec/HOU/ECT@ECT
cc:
Subject: RE:

Gerald,

Dude, what are you thinking about? Just kidding. I hope we kick their ass.
Listen.. send me the tickets overnight to 10300 hwy 290 east. Manor I.S.D.
annex office George Townsend Manor TX 78653. My bro will pay you 50 for each
again. Sorry you can't make it.

We are getting a chartered bus for the Big XII Championship so get tickets
and come to Austin. Have you been chasing any women lately? Pick a good
weekend and I'll come to Houston to watch or video.

Hook em
GT

> -----Original Message-----
> From: Gerald Nemec [SMTP:gnemec@ect.enron.com]
> Sent: Wednesday, November 10, 1999 11:17 AM
> To: Townsend, George
> Subject: Re:
>
>
>
> GT,  I won't be able to come in for the game this weekend.  I am taking a
> scuba
> diving class and I have open water dives on both Saturday and Sunday.  I
> am
> kinda pissed off at myself that I didn't realize this when I signed up for
> the
> class but now I am committed.  I will still sell the tickets to your
> brother and
> nephew if they want them though.  I can FEDEX the tickets to you by Friday
> or
> worst case, just have the ticket office leave passes for the seats at will
> call.
> Let me know.
>
> G,
>
>
>
>
>
>
> "Townsend, George" <gtownsend@manorisd.net> on 11/08/99 08:36:56 AM
>
> To:   Gerald Nemec/HOU/ECT@ECT
> cc:
> Subject:
>
>
>
> G,
>
> How's it going? Are you ready for some football? The tailgate is going to
> be
> another wild one. Hey, my brother and nephew are coming into town. Do you
> want to sell your tickets for a c-note and sit with me again? Also, what
> day
> are you coming in? Let me know.
>
> GT
>
>
>


Scotty,
What's up? Checking to see if this was your email or not? Haven't heard from you in forever. Hope you had a good new year. Drop me a line and give me the word.

Bill


-----Original Message-----
From: Hess, Theresa
Sent: Wednesday, October 17, 2001 10:26 AM
To: Corman, Shelley; Holmes, Bradley
Subject: FW: Press Release -- NERC Expands Role

FYI -- NERC is expanding their role to include development of wholesale electric business practice standards, in addition to reliability standards.  It looks like they're making it clear that they don't want an EISB developing wholesale electric standards.  They plan to be the single organization for developing these standards.  They've even added balanced voting for their committees.  I don't know the details, but they're using pieces of GISB's process that they know work and that people like.

Some GISB representatives have been making it look as if everyone in the energy industry is on board with EISB.  Clearly, they're not.

I'll let you know if I hear anything else.

Theresa

October 16, 2001

NERC Expands Role

At a watershed meeting today in Vancouver, BC, the North American Electric
Reliability Council's (NERC) Board of Trustees took bold steps to expand
its
role for developing standards for the wholesale electric industry in North
America.

Michehl R. Gent, NERC President and CEO, said, "On the strength of strong
recommendations from the NERC Stakeholders Committee, the Board pledged to
take all necessary steps to become the single organization in North America
to develop both reliability standards and wholesale electric business
practice standards and to file such standards with the Federal Energy
Regulatory Commission (FERC) and appropriate government agencies in
Canada."

"NERC is committed," says Gent, "to establishing a fair, open, balanced,
and
inclusive process for developing all standards."  NERC's Board approved a
new process for developing standards and agreed to a new composition and
weighted sector voting model for its standing committees.

NERC has long been recognized and respected as the industry's developer of
standards for the reliable planning and operation of interconnected
transmission systems throughout North America.  These standards have been
the basis for the reliable operation of the bulk electric systems for over
30 years.

Richard Drouin, Chairman of NERC, stated, "The Board of Trustees recognizes
the urgent need for a single organization to develop both reliability
standards and wholesale electric business practice standards that are well
coordinated.  Such standards," Drouin added, "are vital to support the
evolution of competitive electricity markets, the formation of large
regional transmission organizations, and continued reliability and security
of interconnected transmission systems."

Today's actions are a major step toward formalizing a role that NERC has
filled for some time.  NERC spearheaded the OASIS "What" and "How" Working
Groups that developed the Standards and Communications Protocols followed
by
all transmission providers; formed a Market Interface Committee to address
the impact of reliability standards on markets and the impact of market
practices on reliability; and facilitates the Electronic Scheduling
Collaborative, which recently filed a report with FERC on its efforts to
develop common business practice standards for electronic scheduling (OASIS
Phase II).

To accomplish its reinvention, NERC will actively solicit support from
Canadian and U.S. government entities, and facilitate ? jointly with
interested trade associations; federal, state, and provincial regulators;
and other stakeholder organizations ? an open and inclusive process to
achieve consensus on the details of its new role.

In parallel actions, the Board also took steps to ensure the independence
of
actions by its 21 Security Coordinators from any wholesale or retail
merchant functions, and agreed to revamp the composition and voting
structure of its standing committees.

For more information on NERC or its transformation into NAERO, visit NERC's
web site (http://www.nerc.com/). The web site also includes information on
the electric industry's electricity supply and delivery programs and
activities.

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

NERC is a not-for-profit company formed as a result of the Northeast
blackout in 1965 to promote the reliability of the bulk electric systems
that serve North America. It works with all segments of the electric
industry as well as customers to "keep the lights on" by developing and
encouraging compliance with rules for the reliable operation of these
systems. NERC comprises ten Regional Reliability Councils that account for
virtually all the electricity supplied in the United States, Canada, and a
portion of Baja California Norte, Mexico.


This deal, along with three other options I entered yesterday, defaulted to
AM when I changed the expiry frequency from Day to Month. It's been changed
now. Thanks for the heads up.

Kate

Stephanie Piwetz   12/21/2000 08:06 AM

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

Subject: deal 483759.01

Kate-
Can you please change the expiry strip to be 2:00 pm.
thanks


The EWS Legal Year End PRC Meeting is scheduled for Tuesday, December 11, beginning at Noon and lasting until all PRC matters are completed.  The meeting will be held in ECN49C1.

A conference bridgeline will be set up and lunch will be provided.  Please plan to attend.

Thank you.

Janette Elbertson
on behalf of Mark Haedicke
Enron Wholesale Services
Legal Department
Telephone:  (713) 853-7906
Fax:  (713) 646-2600
e-mail:  janette.elbertson@enron.com


Sherri,

Any resolution of the scheduling conflict Jeff Skilling had for February the
22nd?
Our friends at UT are ready to make the reservations and send out invitations
to this conference

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 10/12/2000
05:00 PM ---------------------------

"Ehud I. Ronn" <eronn@mail.utexas.edu> on 10/12/2000 10:12:56 AM
To: Richard.Causey@enron.com, Vince.J.Kaminski@enron.com
cc:
Subject: Re: Spring 2001 Conference Participation by Jeffrey K. Skilling

Rick / Vince:

Good morning.

Further to my discussions with Vince during his visit to the Energy Finance
Program yesterday, I write at this time to inquire whether Mr. Skilling's
assistant has been able to confirm his participation as 2/22/2001 keynote
speaker at our Conference.

With thanks for your intercession on our behalf,
Ehud Ronn

==============================================
     Ehud I. Ronn
     Professor of Finance and Jack S. Josey Professor in Energy Studies
     Director, Center for Energy Finance Education and Research
     McCombs School of Business
     University of Texas at Austin
     Austin, TX. 78712-1179
     Voice:  (512) 471-5853
      FAX:   (512) 471-5073
      Internet:  eronn@mail.utexas.edu
=================================================


You are the greatest!
I will check with my people and make sure that date works, and confirm with
you by COB tomorrow.
I am relieved to hear you are still alive, by the way.

From: Jeff Dasovich on 01/23/2001 04:23 PM
Sent by: Jeff Dasovich
To: Susan Scott/ET&S/Enron
cc:

Subject: Re: Response to ORA/TURN petition

the 14th and the 14th (seriously, sorry---that work)!

	Susan Scott
	01/23/2001 04:20 PM

		 To: Jeff Dasovich/NA/Enron@Enron
		 cc:
		 Subject: Re: Response to ORA/TURN petition

Pick a first and second choice:  Feb. 8, 14 or 15.

From: Jeff Dasovich on 01/23/2001 03:56 PM
Sent by: Jeff Dasovich
To: Leslie Lawner/NA/Enron@Enron, Jeffery Fawcett/ET&S/Enron@ENRON, Susan
Scott/ET&S/Enron
cc:

Subject: Re: Response to ORA/TURN petition

Leslie:  Jeff and Susan might be able to help with the pipeline charges.
Susan:  I'm not ignoring you.  Of course I'll come.  Give me a call and let's
figure out a date for me to address your illustrious group.  Jeff:  How's
married life treating you.  Leslie:  Sorry for all the extraneous babbling.

Best,
Jeff

	Leslie Lawner
	01/23/2001 03:20 PM

		 To: mday@gmssr.com
		 cc: Phillip K Allen/HOU/ECT@ECT, James D Steffes/NA/Enron@Enron, Harry
Kingerski/NA/Enron@Enron, Jeff Dasovich/NA/Enron@Enron, Rebecca W
Cantrell/HOU/ECT@ECT, Paul Kaufman/PDX/ECT@ECT, Frank Ermis/HOU/ECT@ECT,
James Shirley/HOU/EES@EES, Roger O Ponce/HOU/EES@EES, Don Black/HOU/EES@EES,
Robert Neustaedter/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 Subject: Response to ORA/TURN petition

Mike - Here is the situation.  Between ENA and EES, we sell gas to core and
non-core customers, and also have gas in storage as well as in the park and
lend service.  I think we can be sympathetic to the ORA argument that the
diversion tariff penalties did not anticipate OFOs and EFOs in situations
such as we face here (shortages due to credit problems rather than lack of
supply).  Assessing extreme penalties, as the OFO/EFOs would do, on users who
are not perfectly imbalance under this situation certainly seems unfair.
However, I think we should argue that limiting the payments to
shippers/customers whose gas is diverted to serve core customers to a market
index may not fully compensate for the diversion.  The pay back specifically
does not include interstate pipeline charges, and there may be other costs as
well to the marketer/customer who had supplies taken away.

I need an estimate of the cost to make this filing and follow it up for the
RCR process, and I would also like any feedback anyone has on what our
position should be in this matter.  The response is due Friday.


Start Date: 1/30/02; HourAhead hour: 15;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002013015.txt


Hi There,

November is here and it is time to give thanks. As the year
is drawing to a close there is much to be thankful for.
Thank you for your business and your continued support of my
business with referrals and support.

Once again, I am having a drawing for a free turkey for your
Thanksgiving dinner. Write, phone, or e-mail me with your
entry by November 18th, 2000. Your chances of winning are
excellent.

My new newsletter is now available from the hyperlinks
below. Please check it out and I can answer any questions
you might have.

This month's issue includes topics such as:

.To stretch or not to stretch, that is the question
.Pre-approval versus pre-qualification,Is there a
difference.
.Should I take my home off the market during the holidays
.Is your neighborhood kid-friendly
.Steel forges new role in home building

Here is a link to my "November Real Estate Update"

http://homeownernews.com/24/IonaAlphonso

AOL Users:
 Click
Here

I hope you enjoy the newsletter. I would welcome your
comments.

Sincerely,

IONA ALPHONSO

ALWAYS IN TUNE WITH YOUR NEEDS

Oh, by the way ...If you know of someone thinking about
buying or selling a home, please call me with their name and
number - Thanks a Million!!

Prudential, Gary Greene Realtors
3910 FM 1960 West, Suite 100
Houston, Texas 77068

Voice Mail: 281-857-2485 x 535
Pager:      281-551-6549
Office:     281-444-5140
Fax:        281-444-0630
Web Site:   http://www.ionaalphonso.com
Resume:     http://www.har.com/ionaalphonso
Gary Greene Web site: http://www.garygreene.com

PLEASE VIEW MY MONTHLY NEWSLETTER AT
http://homeownernews.com/c/ionaalphonso


--------- Inline attachment follows ---------

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Subject:

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Subject:

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Subject:

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Date: ????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
Subject:

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From:
Date: ????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
Subject:


Any answer to the question below?

-----Original Message-----
From: John Watson [mailto:jwatson@nwdiagnostic.com]
Sent: Friday, October 19, 2001 9:35 AM
To: Kimberly Watson
Subject: Cabinet guy

Kim -

Do you have Victor's phone number?  I may need him for a project at work.

John


I think the sentence that say "immediately drive down the wholesale-cost of
power" needs to be reworked.  It should change the blended retail rate
downward, but I'd expect the spot market--particularly this summer's--to be
thinner & more volatile. ABB

Andrew B. Brown
Ellison, Schneider & Harris, LLP
2015 H Street
Sacramento, CA  95814
Phone: (916) 447-2166
Fax: (916) 447-3512
mailto:abb@eslawfirm.com

CONFIDENTIALITY NOTICE:  This communication and any accompanying document(s)
are confidential and privileged.  They are intended for the sole use of the
addressee.  If you receive this transmission in error, you are advised that
any disclosure, copying, distribution, or the taking of any action in
reliance upon the communication is strictly prohibited.  Moreover, any such
inadvertent disclosure shall not compromise or waive the attorney-client
privilege as to this communication or otherwise.  If you have received this
communication in error, please contact the sender at the internet address
indicated or by telephone at (916)447-2166. Thank you.

-----Original Message-----
From: Katie Kaplan [mailto:kaplan@iepa.com]
Sent: Wednesday, January 03, 2001 6:37 PM
To: Tom Ross; Sue Mara; Stephanie-Newell; Rob Lamkin; Richard Hyde;
Pigott Jack; Paula Hall-Collins; Norton Kelli; McNally Ray; Marty
Wilson; Lynn Lednicky; Kristin Vellandi; kent Palmerton; Katie Kaplan;
Kassandra Gough; Karen Edson; Julee Malinowski-Ball; John Stout; Joe
Ronan; Jeff Dasovich; Jean Munoz; Jan Smutny-Jones; Greg Blue; Curtis
Kebler; Bob Weisenmiller; Baker Carolyn; B Brown Andy; Andy Brown;
Douglas Kerner; John Larrea
Cc: Carol H Hudson; Steven Kelly
Subject: FW: Cal Journal Ad #2
Importance: High

Here is the second Cal Journal ad.  Please take a look and get any comments
back to me by 3:00 tomorrow  (Thursday January 4th).  Please let me know if
you can't open it.

Thanks

Katie Kaplan
Manager of State Policy Affairs
Independent Energy Producers Association
(916) 448-9499


---------------------- Forwarded by Steven J Kean/NA/Enron on 08/28/2000
07:31 AM ---------------------------

Gavin Dillingham@ENRON_DEVELOPMENT
08/25/2000 05:16 PM
To: joe Hartsoe@ENRON, Sandra McCubbin@EES, Susan Mara@EES, Paul Kaufman@ECT,
Karen Denne@ENRON, Jeff Dasovich@EES, Mark Palmer@ENRON, James D Steffes@EES,
Richard Shapiro@EES, Elizabeth Linnell@EES, Jeannie Mandelker@ECT,
filuntz@aol.com, Steven J Kean/NA/Enron@Enron, Mark A Schroeder@ENRON, Peter
Styles@ECT, Litz@luntz.com
cc:

Subject: CA PWR ISSUE

Mass. To Join N.Y., Calif In Market-based Elec Rates


I have a dentist appt. at 11 this morning and will need to leave between
10:30 - 10:45.  I should be back by 12:30.

Thanks,
Stephanie


Mark -
Unfortunately we have been playing phone tag last week so I figured it would
be easier to communicate by email.  I am a bit confused as to the process
when I have financial legal issues (ISDAs etc...).  In the past I have
assumed Sara is the West Power lawyer for all issues but it seems as if there
has been an escalation in activity throughout the company and she is
overwhelmed.  I think our group needs one person who can turn around issues
pretty quickly (sometimes on the trading side we are given very little lead
time).  I feel pretty comfortable about my ability to turn around issues
concerning pricing, physical legal issues, credit and confirms since I know
who represents us.  I do not have the same feeling with financial stuff.  I
think a good example of this is the recent SMUD weather transaction.  We had
several months to get an ISDA signed yet there is now a time issue to get it
closed prior to the beginning of the transaction.  I myself was not aware the
deal was going to get completed or I would have notified the appropriate
lawyer.  However, I think the ISDA process was bounced around to several
people and I ultimately got frustrated and stopped following up (partially
because the deal was headed by the weather deak and Gary Taylor).

I would really like to go to one lawyer who covers financial and physical for
the west (ie Shari Stack) if that is possible but I would welcome any
feedback you could give as to how we can improve the process going forward.

Stewart


Following please find the Daily EnronOnline Executive Summary.

Note: Effective as of Monday of this week, The Executive Summary transaction
         counts have been reduced to reflect the removal of sleeve trade activity.

<Embedded Picture (Metafile)>
<Embedded Picture (Metafile)>


Hey:
I just want to confirm the trades I have in your book.
Trade #1.  I sell 4000 X @ 4652

Trade #2. I buy 4000 X @ 4652
  I sell 4000 X @ 4902

Trade #3 I buy 4000 X @ 5000
  I sell 4000 F @ 5000

Net result: I have 4000 F in your book @ 4902.
Thanks,
John


AAI Presentation:

(See attached file: DRT2753.jdnmu.PPT)

News weather ......

Thanks for agreeing to speak Steve.

 - DRT2753.jdnmu.PPT
 - South Texas Pres Aug 13 2000.pges.alledits.ppt


---------------------- Forwarded by Chris Germany/HOU/ECT on 02/01/2001 03:25
PM ---------------------------

	From:  Chris Germany                           02/01/2001 12:22 PM

To: Rebecca W Cantrell/HOU/ECT@ECT, Colleen Sullivan/HOU/ECT@ECT, Judy
Townsend/HOU/ECT@ECT
cc:
Subject: Trco Backhaul Rates

I left a message for the manager of Transco's Rates Department to call me.
If I'm reading this correctly, the forwardhaul and the backhaul commodities
are the same now.  In Jan, the "true backhaul" rate from Zone 6 to Zone 4 was
$.0448 plus surcharges, today its $.3037 plus surcharges.  We actually did
some deals based on the backhaul rate of $.0448 for the summer.

I suppose its too late, is there anyway this could be postponed until
October, after the summer period?

Media Inquiries: Chris Stockton
                 (713) 215-2010
Other Inquiries: Rate Dept. 1-800-248-0404, Option #7January 29, 2001

To:  Transcontinental Gas Pipe Line Corporation Customers and
Shippers

Re:  FT and IT Rates effective February 1, 2001

On January 24, 2001, the Commission issued an order in Docket
Nos. RP97-71-020 and RP97-71-021 which, among other things,
approved the pro forma tariff sheets included with the filing.
The Commission's order also directed Transco to file actual
tariff sheets to be effective February 1, 2001.  Transco intends
to file the revised tariff sheets with the Commission on February
1, 2001.  If accepted as proposed, outlined below for your
convenience are Transco=s Rate Schedule FT and IT rates effective
February 1, 2001.

Summary of Rate Schedule FT Demand Maximum Rates
(Excluding Surcharges)

Demand Rates ($/Dt)
                              Del. Zone

          Zone 1   Zone 2   Zone 3   Zone 4   Zone 5   Zone 6
Rec. Zone

Zone 1    2.1284   2.7625   3.6820   7.0221   9.4933   10.8315
Zone 2    2.7625   2.2262   3.1457   6.4858   8.9570   10.2952
Zone 3    3.6820   3.1457   2.5116   5.8517   8.3229    9.6611
Zone 4    7.0221   6.4858   5.8517   4.9322   7.4034    8.7416
Zone 5    9.4933   8.9570   8.3229   7.4034   4.0633    5.4015
Zone 6   10.8315  10.2952   9.6611   8.7416   5.4015    2.9303

Zone 4A (Mobile Bay) Demand Rate   $2.4072

Commodity Rates (cents/Dt)
                              Del. Zone

          Zone 1   Zone 2   Zone 3   Zone 4   Zone 5   Zone 6
Rec. Zone

Zone 1    0.24     0.50     0.75     1.86     2.74     3.20
Zone 2    0.50     0.30     0.55     1.66     2.54     3.00
Zone 3    0.75     0.55     0.29     1.40     2.28     2.74
Zone 4    1.86     1.66     1.40     1.15     2.03     2.49
Zone 5    2.74     2.54     2.28     2.03     0.92     1.38
Zone 6    3.20     3.00     2.74     2.49     1.38     0.50

Zone 4A (Mobile Bay) Commodity Rate   0.34

Summary of Rate Schedule IT Commodity Maximum Rates
(Excluding Surcharges)

Commodity Rates (cents/Dt)
Del. Zone

          Zone 1   Zone 2   Zone 3   Zone 4   Zone 5   Zone 6
Rec. Zone

Zone 1    06.37    08.72    12.00    24.10    33.10    37.96
Zone 2    08.72    06.76    10.04    22.14    31.14    36.00
Zone 3    12.00    10.04    07.69    19.79    28.79    33.65
Zone 4    24.10    22.14    19.79    16.51    25.51    30.37
Zone 5    33.10    31.14    28.79    25.51    13.41    18.27
Zone 6    37.96    36.00    33.65    30.37    18.27    09.27

Zone 4A (Mobile Bay) Commodity Rate   7.39

For additional information please contact your Customer Service
Representative or Rate Department Representative.

Charlotte Hutson
Manager - Rate Department
(713)215-4060


----- Forwarded by Sara Shackleton/HOU/ECT on 07/31/2000 06:40 PM -----

	Office of the Chairman@ENRON
	07/31/2000 06:07 PM

		 To: All Enron Worldwide
		 cc:
		 Subject: Organisational Announcement - Introducing Enron Global Markets
 Office of the Chairman
As evidenced by an exceptionally strong performance in the second quarter,
Enron,s wholesale energy businesses in North America and Europe continue to
experience tremendous growth.  The opportunities to continue to grow our
natural gas and power businesses have never been better and it is critical to
Enron,s future success that we remain focused on expanding these businesses
and maintaining the strong momentum we have in these markets.

It is equally important that we continue to develop new businesses outside of
gas and electricity, which can make significant contributions to our earnings
growth.  We have made significant progress in developing these businesses in
North America, Europe, and most recently in our new Net Works business unit.
Included in these global businesses are our efforts in crude and products,
coal, emissions, insurance, currency, equity trading, interest rates, credit
trading, paper and pulp, and metals.

While significant progress has been made in these efforts we need to
accelerate the growth of these new businesses while continuing to
aggressively expand our core gas and electricity businesses in North America
and Europe.  In order to accomplish these two objectives and to capitalize on
the increasingly global opportunities in these new businesses we are today
announcing the formation of a new business unit ) Enron Global Markets.  This
new business unit will focus on markets and commodities which are global in
scope, but outside our traditional gas and power markets.  This new core
business unit will operate in parallel with and in close coordination with
the North American and European businesses.

Enron Global Markets will be headed by Mike McConnell, President and Chief
Executive Officer, and Jeff Shankman, Chief Operating Officer.  They will
report to Mark Frevert who will be Chairman of Enron Global Markets.  Mark,
Mike and Jeff will comprise the Office of the Chairman for Enron Global
Markets.

Included in this new business unit and reporting to the Office of the
Chairman will be the following businesses and their leaders:
- Global Crude and Products:     John Nowlan
- Coal:         George McClellan
- Currency, equities, interest rate and agricultural trading:  Gary Hickerson
- Insurance and weather:      Jere Overdyke

Enron,s metals business and Enron Credit.com will remain the responsibility
of Enron Europe. The Paper and Pulp business will continue to reside in North
America.

With the departure of Mike McConnell from Enron Net Works, we are pleased to
announce the following appointments in that business unit:
- Jeff McMahon: President and Chief Operating Officer
- Louise Kitchen: Chief Commercial Officer
- Philippe Bibi:  Chief Technology Officer

Jeff, Louise and Philippe, along with Greg Whalley,  will comprise the Office
of the Chairman for Enron Net Works.

With Jeff Shankman,s departure from Enron North America,s natural gas
operation, all of Jeff,s direct reports will report to John Lavorato.

We are also pleased to announce the following changes to the Enron North
America Office of the Chairman.  John Lavorato will join the ENA Office of
the Chairman as Chief Operating Officer.  Dave Delainey will assume the role
of President and Chief Executive Officer.  Mark Frevert will retain his role
as Chairman of Enron North America in addition to his role as Chairman of
both Enron Global Markets and Enron Europe.

Please join us in congratulating everyone in their new assignments and in
supporting the new Enron Global Markets organisation.


PB,

Attached is a resume for a guy I know via technology and a very old parental
friendship.  He is a very aggressive guy and marketer type.  He has the
personality to be an originator or mid-marketer.  I figured you might need
someone like this around for Paveto,  Bruce's or in EOL group.   He would
pound the phones and make things happen.

Follow up if you want to talk with him.

Thanks,
m
---------------------- Forwarded by Mike McConnell/HOU/ECT on 06/06/2001
09:41 AM ---------------------------

"Richard Dukes" <rtdukes@comdisco.com> on 06/05/2001 03:48:38 PM
To: <Mike.mcconnell@enron.com>
cc: <Cathy.phillips@enron.com>
Subject: Origination Opportunities in Global Markets

Hello Mike,

It has been a while since my last communication with you. I hope all is well.

I want you to know that I greatly appreciated you helping me get in touch
with Ken Rice and all of the other folks at EBS last year. We made great
strides and came very close to doing a deal between our organizations.
However, Comdisco recently has come under some financial duress and is most
likely going to be sold off in pieces.

I have been talking with some of the folks within EBS about the possibility
of an origination position with their group. However, I am of the opinion
that EBS is slightly ahead of the market, and therefore the timing may not be
right for me to consider an origination position with EBS.

With that being said, I would be very interested in exploring what
opportunities might exist within your Global Markets group from an
origination standpoint. As you know, I am professionally aggressive, mentally
tough and fearless of contacting potential clients. I have solid experience
in professional selling, possess excellent communication and entrepreneurial
skills.

Mike please consider the attached resume below. I would welcome the
opportunity to meet with you or the appropriate person within your
organization at any time.

Thanks again, and I hope to hear from you.

Richard Dukes

Richard T. Dukes
Account Sales Manager
Comdisco, Inc.
713 479-1808
rtdukes@comdisco.com

 - RTDComdisoRESUME.doc.rtf
 - Richard Dukes.vcf


Hello!

Here is the latest draft on Garden State/Project Barbed Wire.  As I mentioned
to Dee, the agreement is due to be signed on Tuesday, 7/11.

Dee/Rick, I just learned that there are multi-employer plans for the
unionized employees.   I'll provide details as I learn them.

I guess you can forward your comments to me, with a copy to Stuart Zisman.

Thanks.  Michelle

---------------------- Forwarded by Michelle Cash/HOU/ECT on 07/06/2000 05:15
PM ---------------------------
From: Stuart Zisman on 07/06/2000 10:50 AM
To: Michelle Cash/HOU/ECT@ECT, Rick Johnson/HR/Corp/Enron@ENRON, Rick
Johnson/ENRON@Gateway
cc: Peter del Vecchio/HOU/ECT@ECT
Subject: PURCHASE & SALE AGREEMENT

Peter asked me to forward this most recent draft to each of you.

Stuart

----- Forwarded by Stuart Zisman/HOU/ECT on 07/06/2000 09:26 AM -----

	"VIVIAN FARRELL" <VFARRELL@LLGM.COM>
	07/05/2000 05:50 PM

		 To: <STUART.zisman@enron.com>
		 cc:
		 Subject: PURCHASE & SALE AGREEMENT

 Dear Mr. Zisman

Attached is the latest draft of the Purchase & Sale Agreement.  It is in Word
format, and is 62 pages long.

Should you require any assistance, please call me on 713 287 2075 or George
Lee on 713 287 2066.

Thanks.

* * * * * * * * * * * * * * * * * * * * *
This email, including attachments, contains information that is confidential
and may be protected by the attorney/client or other privileges.
Additionally, this e-mail, including attachments, constitutes non-public
information intended to be conveyed only to the designated recipient(s).  If
you are not an intended recipient, please delete this e-mail, including
attachments, and notifiy me by return mail, e-mail or at 713 287 2000.  The
unauthorized use, dissemination, distribution or reproduction of this e-mail,
including attachments, is prohibited and may be unlawful.

VIVIAN G FARRELL (Mrs)
LeBoeuf Lamb Greene & MacRae LLP
1000 Louisiana
Houston, Texas  77002
vfarrell@llgm.com

 - G1112!.DOC


Teresa G. Bushman
Enron North America Corp.
1400 Smith Street, EB 3835A
Houston, TX  77002
(713) 853-7895
fax (713) 646-3393
teresa.g.bushman@enron.com

----- Forwarded by Teresa G Bushman/HOU/ECT on 11/10/2000 02:06 PM -----

	Nora Dobin@ENRON
	11/08/2000 04:38 PM

		 To: Teresa G Bushman/HOU/ECT@ECT
		 cc: Tim Proffitt/HOU/ECT@ECT, Brenda L Funk/HOU/ECT@ECT
		 Subject: Joshua Tree

Teresa, as I mentioned, attached is revised term sheet intended to reflect
latest commercial changes but subject to legal review.  Please particularly
consider (with commercial and operational teams as appropriate) Engineering
(eligibility) Criteria applicable to proposed VPPs, and proposed terms of
Balancing Agreement, Master Natural Gas Purchase and Sale Agreement, and
Master Crude Oil Purchase and Sale Agreement.  Of course, any other thoughts
you have are most welcome.

We are having an internal meeting (global finance, accounting and tax) to
discuss term sheet at 2:00 PM on Friday, 11/10/00 in EB 2868.

If you can meet with us on Friday or otherwise give us feedback by Friday
afternoon, it would help facilitate finalization of term sheet and movement
to drafting of definitive documents.

Thanks, NJD

Nora J. Dobin
Senior Counsel
Enron Global Finance
Enron Corp.
1400 Smith Street
Houston, Texas  77002

713/345-7723 (phone)
713/853-9252 (fax)
E-mail:  nora.dobin@enron.com

----- Forwarded by Nora Dobin/Corp/Enron on 11/08/2000 04:18 PM -----

	"Robin Miles" <rmiles@bracepatt.com>
	11/08/2000 02:53 PM

		 To: <james.r.allred@bankofamerica.com>, <richard.stein@bankofamerica.com>,
<stephanie.pendleton@bankofamerica.com>, <nora.dobin@enron.com>,
<tim.proffitt@enron.com>
		 cc:
		 Subject: B of A/Phoenix Term Sheet

Attached is a redline and clean version of the term sheet.  Please call me or
Jim Allred with any questions or comments.

Robin

Mr. Robin J. Miles
Bracewell & Patterson, L.L.P.
711 Louisiana St., Suite 2900
Houston, Texas  77002
Ph:  713-221-1319
Fax: 713-221-2120
E-mail: rmiles@bracepatt.com

 - Phoenix Term Sheet Company Redline.pdf
 - Phoenix Term Sheet.pdf


I was denied access to the "nyiso price information version 2", and therefore was unable to add the NY prices to the shiftnote.

I received an error message stating, "Cannot access read-only document 'NYISO Price Information version 2.xls'.

Perhaps each individual on the 24-hour desk will require clearance from IT.


In all week (as best I can tell right now).

	Joseph Alamo
	04/23/2001 11:58 AM

		 To: Susan J Mara/NA/Enron, Jeff Dasovich/NA/Enron, Alan Comnes/PDX/ECT@ECT
		 cc: Lysa Akin/PDX/ECT@ECT
		 Subject: Schedules Request for Week of April 23 - 27

Second request:  please forward your schedules to me for this week today.

Thank you!

---------------------- Forwarded by Joseph Alamo/NA/Enron on 04/23/2001 09:56
AM ---------------------------

	Joseph Alamo
	04/19/2001 03:47 PM

To: Paul Kaufman/PDX/ECT@ECT, Susan J Mara/NA/Enron, Sandra
McCubbin/NA/Enron, Jeff Dasovich/NA/Enron, Alan Comnes/PDX/ECT@ECT, Mona L
Petrochko/NA/Enron
cc: Lysa Akin/PDX/ECT@ECT

Subject: Schedules Request for Week of April 23 - 27

Please forward your *anticipated* schedules for next week to
me at your earliest convenience.

Thanks in advance for your assistance.

Joseph Alamo
Sr. Administrative Assistant
Government Affairs - The Americas
San Francisco CA


bitch - you'll get your 20 bones when i get a card with my name on it.

 -----Original Message-----
From: 	Jai Hawker <JHawker@petersco.com>@ENRON
Sent:	Tuesday, November 27, 2001 11:02 AM
To:	Richey, Cooper
Subject:

Don't you owe my about $20 from the Costco membership, biiiaatch.


Start Date: 1/11/02; HourAhead hour: 18;  HourAhead schedule download failed. Manual intervention required.


Gerald,

I will be out of town tomorrow and part of Thursday.  I've told Julie Gomez
my schedule and indicated that if she needs changes to the documents while I
am out that you could help; she doesn't think anything will need to go out to
Calpine before Thursday afternoon or Friday morning.

I've also got a call into Peter Keohane in Calgary who really should be doing
this work in the first place.  Thanks for your help if it is needed.

Steve
----- Forwarded by Steve Van Hooser/HOU/ECT on 11/28/2000 05:28 PM -----

	Steve Van Hooser
	11/28/2000 02:00 PM

		 To: Julie Gomez, Barry Tycholiz/CAL/ECT@ECT, Peter Keohane/CAL/ECT@ECT, Eric
LeDain/CAL/ECT@ECT, Stephanie Miller/Corp/Enron@ENRON, Peggy
Hedstrom/CAL/ECT@ECT
		 cc:
		 Subject: Calpine Capacity Release Assignment Agreements

Attached please find a revised copy of the PGT Capacity Assignment and the
initial draft of the ANG/NOVA Capacity Assignment.  Per discussions with
Julie this morning, these drafts show the  Assumption Payment allocated to
the Canadian Capacity Assignment transaction, in order to properly reflect
the economic value of the PGT Capacity over the Canadian Capacity.  Please
review and call me with any questions, comments or changes.

Peggy,  I would appreciate your providing the gigajoule values applicable to
the ANG and NOVA capacity.  The blanks for such values appear in Section 2.2.

Also, I would appreciate someone preparing the Exhibit "A" in Word, without
reference to the percentages; I suppose we need a different Exhibit "A" for
the Canadian transaction, reflecting gigajoule values.

Steve Van Hooser


Richard,

     The only significant deposition this week is taking place in Minneapolis.
 The deponent is Arthur Cobb, a disclosure/due diligence expert retained by
Robins, Kaplan in several cases in which Enron is not named.  Mr. Cobb's
report did not mention ECT Securities, and the California plaintiffs did not
designate him to testify in the CA cases, so we decided not to attend his
deposition.  We are getting daily transcripts by e-mail.

     Next week an expert designated by the CA plaintiffs on causation and
damage issues is being deposed in San Francisco.  Roland has a scheduling
conflict, so I am sending Jonathan Goldblatt.  The subject on which we want to
ask questions is damages relating to certain purchases by Farallon after the
initial offering.  This is a very discrete area, easy to understand, and
Jonathan is on top of it.

     I believe that you recently received a bill from Gerry McGrath.  Gerry
worked very hard on his report, putting in about 50% more hours than he
thought he would when he agreed to cap the total fee for his report.  He is
very focused on the requirement in his engagement letter that he be paid in 30
days.  I think Gerry did quite a good job, and we definitely need his best
effort going forward.  I would urge Enron to pay Gerry's bill very promptly.

     Farallon is currently threatening to move to compel further answers to
interrogatories from us.  It is much ado about nothing.  We just want to deal
with it in the least expensive way.

     Many of the plaintiffs have filed motions around the country, including
in CA, seeking to compel Natwest to produce more audio tapes of employee
conversations.  My guess is that the plaintiffs have found more good stuff,
and Natwest is trying to limit their losses.

     We are hard at work on the research that you and I have been discussing.
It is frankly quite complex and involves several unanswered questions of law.
The problem is that CA has a special statutory contribution provision (pro
rata, not relative fault) in the state securities statutes and a common law
doctrine of partial indemnity in tort actions that is based on relative fault.
 The later doctrine may not apply to the securities causes of action against
ECT Securities, but definitely applies to the common law fraud and negligent
misrepresentation causes of action.  How all of this works together is
virtually uncharted.

     With reference to your question about procedures at trial, none of the
defendants has cross-complained against the other defendants for a
determination of relative fault in the pending case; and, on the basis of the
current pleadings, no such determination will be made at trial.  If Enron goes
to trial and loses, along with others, theoretically the plaintiffs could
collect their entire judgment from Enron and leave Enron to pursue the other
defendants, post-trial, for their respective shares of the liability, whether
such shares are determined pro rata or by relative fault.  We are working on a
memorandum or outline that will lay all of this out for you.  I think you will
find that Enron has some powerful incentives to settle (assuming that we can
get the price low enough.)

Steve Howard
Alschuler Grossman Stein & Kahan LLP
phone: 310-407-7613
fax: 310-552-6077
cell:  213-716-0536
e-mail:  showard@agsk.com

................................................

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<TITLE>European Expansion Plans</TITLE>

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charset=windows-1252">

<meta
name="GENERATOR" content="Microsoft FrontPage
4.0">

<meta name="ProgId"
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<title>Cumbria Inward
Investment Agency</title>

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border="0" cellpadding="0" cellspacing="0"
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<tr>

<td valign="top"
align="left">To:<br>

        Mr. Kenneth L.
Lay  <br>

        COB/CEO
<br>

        Enron
Corp.  <br>

<br>

From:<br>

        Leighton
Wildrick<br>

        President -
North America<br>

        Cumbria Inward
Investment Agency<br>

<br>

<br>

        Dear Mr.
Lay,<br>

<br>

        A colleague of
mine in England indicated that Enron Corp. was considering expanding in
Europe and that England was in the mix of location options. In the
course of your investment deliberations it is worth considering Cumbria
in northwest England. Located two hours north of Manchester in the
magnificent Lake District of the United Kingdom, Cumbria offers American
companies a prime location for manufacturing, distribution and customer
service faculties. <br>

<br>

        Cumbria County
is home to dozens of U.S. firms who chose to locate in the County for a
host of reasons including a stable, educated, motivated workforce, very
competitive real estate prices and operating costs that are among the
lowest in Europe. Located away from congested and expensive urban
centers; within a couple of hours of international airports in
Manchester, Edinburgh and Glasgow, Cumbria combines low operating costs
and a secure "out of town" feel with an excellent
logistical infrastructure assuring
cost effective access to markets all over Europe.

        <a
href="http://www.cum
bria-investment.com/video/index.html"
target="_blank"> Click here</a> to view an online
video of Cumbria for a first hand look at the
County.<br>

<br>

        Cumbria Inward
Investment Agency is the County-wide organization tasked with providing
free and confidential assistance to firms considering Cumbria as a
location for their business. CIIA has an office near Philadelphia,
Pennsylvania staffed by inward investment professionals who have worked
with scores of American companies expanding to Europe over the last 15
years. The U.S. office is responsible for coordinating the exchange of
information between your company and the professionals "on
the ground" in Cumbria. Please
give us a call or drop us an email if we can be of help as you go
through the process of finding the best European location for your
business. In the meantime please visit our web site at

        <a
href="http://www.cumbria-investment.c
om"
target="_blank">http://www.cumbria-investment.c
om</a>.<br>

<br>

        I look forward
to hearing from you.<br>

<br>

        Sincerely
yours,<br>

<br>

        Leighton
Wildrick<br>

        President -
North America<br>

        Cumbria Inward
Investment Agency<br>

        Email:
leightonw@cumbria-investment.com<br>

        Phone:
215-836-0300<br>

        Toll Free:
1-800-600-4008<br>

        Fax:
215-836-9988<br>

        http://www.cumbria-investment.c
om<br>

<br>

<br>

<br>

<br>

<br>

<br>

<br>

<br>

<br>

<br>

<br>

<br>

<br>

<br>

<br>

<br>

<br>

<br>

<br>

<br>

<br>

<br>

<br>

        Further
transmission of unsolicited email to this recipient by the sender can be
terminated by clicking <a href="http://www.cumbria-

investment.com/cgi-bin/postoffice/manager.cgi?action=delete&email=info%4
0enron.com&group1=CIIAEml3">here</a>.</p><
/td>

<td width="60" valign="top"
align="right"><img border="0" src="http://www
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width="56" height="100"></td>

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.


Hey darlin'.  Long time, no see.  How are ya?  What's the price per magnum?
How many am I allowed to get?  And what are the dates for Mazatlan?  Hope to
see you guys soon.

Best,
Jeff


As discussed,  see the attached Williams Master Agreement previously sent in
March of 1999.

Please forward a worksheet Monday.

Thanks
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


Charles,

I am coordinating an offer fro you. I shall call you with
the details later this week.

Vince

Charles Shen <charlesshen8@yahoo.com> on 10/18/2000 10:59:16 AM
To: vkamins@enron.com
cc: VKaminski@aol.com
Subject: message from Charles Shen at Williams

Dear Vince:

How are you?

It was very nice talking to you last Friday, I was
very impressed by your group, and very interested in
this opportunity.

If you need any additional information, please feel
free to call me at 918-409-4308, I look forward to
hearing from you very soon. Thank you.

Sincerely,
Charles

__________________________________________________
Do You Yahoo!?
Yahoo! Messenger - Talk while you surf!  It's FREE.
http://im.yahoo.com/


Rick will hold another update conference call on Monday as follows:

Date:		Monday, November 12

Time:		8:30 AM (CST)

Number:	1-800-713-8600 (domestic)
		801-983-4017 (int'l)
		152142 (pass code for all)

Ginger Dernehl
Administrative Coordinator
Global Government Affairs
Phone# 713-853-7751
Fax# 713-646-8160


Thank you Jill

 -----Original Message-----
From: 	Chatterton, Jill
Sent:	Wednesday, June 13, 2001 11:09 AM
To:	Poston, David
Cc:	Luu, Duong; Williams III, Bill
Subject:	Todays meeting

Dave,
You are all set for your meeting at 2pm pacific, 4pm central time
in the Mt. Rainier conference room.

- Jill