FYI
---------------------- Forwarded by Ginger Dernehl/HOU/EES on 05/18/2000
08:51 AM ---------------------------

Mona L Petrochko
05/17/2000 08:13 PM
To: Ginger Dernehl/HOU/EES@EES
cc:
Subject: FW: Bulk-Power Basics paper

Could you please forward to the group.  Just an FYI.  Thanks.
---------------------- Forwarded by Mona L Petrochko/SFO/EES on 05/17/2000
06:13 PM ---------------------------

"Matthew Brown" <matthew.brown@ncsl.org>@ncsl.org on 04/28/2000 10:15:57 AM
Please respond to ace-l@ncsl.org
Sent by: ace-l-request@ncsl.org
To: <ace-l@ncsl.org>
cc:
Subject: FW: Bulk-Power Basics paper

?
I thought that this paper might be of interest  given the topic of our
upcoming ACE meeting.? It's kind of a primer on bulk  power issues.? I
haven't read it, but I know that the author is very well  respected in the
field.?
?
Matthew
 - RAPBPBasics.pdf
 - ATT00019.txt


At approximately 11:00 AM on Tuesday, January 11, 2000, meter 986240 El
Campon/Shanghai Common Point was shut in due to a leak on a 6" lateral off of
the Edna 24".  The meter will be shut in until late Thursday or early on
Friday, January 13 or 14, after repairs are complete.

If you have any questions please call me at 36449.

Thanks
Gary


We need to be prepared to purchase energy to cover West power April shorts. I propose we make purchases Tuesday AM. Are we comfortable that we know exactly what MWhrs must be covered by location? The issue, as always, is that money cannot be wired to the counterparties until detailed cash requests, including back-up (As prepared by Mo for March) is presented to the cash committee.

Mike/Matt: Are we jeopardizing our ability to effectively cover April if we wait to purchase on Wednesday AM (since Mo is out today)? I know AEP was concerned about our late buying for March. Please advise.

Thanks.


After meeting with Larry Joe Hunter, we will not be granting tagg access to
his group.  They were wanting access to change deals that were booked to the
wrong counterparty.  The problem here lies in that they were wanting to do
these changes in the afternoon while we were calcing.  This is not an option.

Therefore, the resolution is we are responsible for these corrections.  We
must get the deals entered into the system with the correct counterparty
initially.  Our credit risk exposure is the bottom line. If we do not have
all the deals to the right counterparty each day, we may not be receiving
enough money on Letter of Credit from CP's.  FYI, this is going to be a
highly visible area for us to make mistakes.  If we continue to make these
mistakes, we as a group will catch severe fire.  To help us do this
correctly, Bianca will be handing out a revised and updated counterparty list
on a monthlly basis.  We will still have emails sent denoting CP name
changes, I reccomend writing these down on your sheets to keep for future
reference.  If all else fails and there is something you are not sure about,
please call Bianca Ornelas at  5-3782.

If you have any questions, please give me a shout.  Thanks.
PL


Thanks,
Ryan Dusek
713-345-4620

 -----Original Message-----
From: 	White, Stacey W.
Sent:	Thursday, October 18, 2001 10:47 AM
To:	Dusek, Ryan; Prejean, Frank; Loibl, Kori; McLaughlin Jr., Errol; Reeves, Kathy; Evans, Casey; Postlethwaite, John; Vinson, Donald Wayne
Cc:	Lobusch, Christy
Subject:	FW: Active books

Can everyone please check the following files for the below requirements.  Fill out anything you may know and cc: me on the response so I can figure out which ones are unaccounted for.

Thanks,
Stacey

 -----Original Message-----
From: 	Lobusch, Christy
Sent:	Wednesday, October 17, 2001 4:14 PM
To:	White, Stacey W.
Subject:	Active books

Dear Stacey-

We have the following books appearing on our active list in the active/inactive website.  Could someone in your group please verifty the following:

they are legitamate books
that the books are currently active books
and, the responsible book admin for the book

I would appreciate it.  I need a response by Monday, October 22.  Thanks,

Christy


----- Forwarded by Tana Jones/HOU/ECT on 03/08/2001 09:10 AM -----

	exchangeinfo@nymex.com
	03/08/2001 07:16 AM

		 To: tana.jones@enron.com
		 cc:
		 Subject: Subject

Notice No. 01-26
January 19, 2001

TO:
ALL NYMEX DIVISION MEMBERS AND MEMBER FIRMS
ALL NYMEX DIVISION CLEARING FIRMS
ALL NYMEX DIVISION OPERATIONS MANAGERS

FROM:
Neal Wolkoff
Executive Vice President

SUBJECT:
MARGIN RATE CHANGE: FEBRUARY, MARCH, AND APRIL 2001 CONTRACTS ONLY

Effective Date:  Friday, January 19, 2001 (close of business).
Futures Contract: Henry Hub Natural Gas Futures.
Contract Months: February, March, and April 2001 Contracts Only.
Rate Change:

NYMEX Division Margins for the February and March 2001
Henry Hub Natural Gas Futures Contracts Only

Effective Date:  Friday, January 19, 2001 (close of business).

Clearing Member (Maintenance Margin): Old:  $14,000  New:  $12,000
Member Customer (Initial Margin): Old:  $15,400  New:  $13,200
Non-Member Customer (Initial Margin): Old:  $18,900  New:  $16,200

NYMEX Division Margins for the April 2001
Henry Hub Natural Gas Futures Contract Only

Effective Date:  Friday, January 19, 2001 (close of business.)
Clearing Member (Maintenance Margin): Old:  $5,000   New:  $6,000
Member Customer (Initial Margin): Old:  $5,500   New:  $6,600
Non-Member Customer (Initial Margin): Old:  $6,750   New:  $8,100

Current systems calculate the margin requirement for spread positions by
first determining the "Scan Risk" and then multiplying the number of spreads
by a rate set by the Exchange.  Scan Risk is determined by netting the
outright margin required for each leg of a spread.  Note the outright margin
level required for the February and March 2001 contracts, the April 2001
contract, and all subsequent contracts differ.  Spreading between differently
margined contracts results in a higher spread margin than between equally
margined contracts.  Below are provided three spread scenarios where the legs
of the spread are margined differently.

Scenario One
A spread consisting of one leg in either the February 2001 or March 2001
contracts and another in the April 2001 contract will have its requirement
(at the clearing member rates) calculated at $8,500 starting on Friday,
January 19, 2001.

Example at Clearing Member Rates
One Long February 2001 or March 2001 NG (1 x $12,000) =    $12,000
One Short April 2001 NG   (1 x $6,000) =-   $6,000
Net Scan Risk    ($12,000-$6,000)=    $6,000
Spread Rate    (1x $2,500) =+   $2,500
Total Requirement     =    $8,500

Scenario Two
A spread consisting of one leg in either the February 2001 or March 2001
contracts and another in any month following the April 2001 contract will
have its requirement (at the clearing member rates) calculated at $9,500
starting on Friday, January 19, 2001.

Example at Clearing Member Rates
One Long February 2001 or March 2001 NG (1 x $12,000) = $12,000
One Short May 2001 - January 2004 NG (1 x $5,000) =      -$5,000
Net Scan Risk    ($12,000-$5,000)= $7,000
Spread Rate    (1x $2,500) =      +$2,500
Total Requirement    =        $  9,500
Scenario Three
A spread consisting of one leg in the April 2001 contract and another in any
month following the April 2001 contract will have its requirement (at the
clearing member rates) calculated at $3,500 starting on Friday, January 19,
2001.
Example at Clearing Member Rates
One Long April 2001 NG          (1 x $6,000)    =        $  6,000
One Short May 2001 - January 2004 NG       (1 x $5,000)    =   -     $  5,000
Net Scan Risk                         ($6,000-$5,000)  =        $  1,000
Spread Rate                          (1x $2,500)     =   +     $  2,500
Total Requirement                                 =        $  3,500

Summary of NYMEX Division Margins on Natural Gas Futures Spreads
Scenario One: February or March 2001 Contracts versus the April 2001 Contract
Clearing Member (Maintenance Margin):               $  8,500
Member Customer (Initial Margin):                   $  9,350
Non-Member Customer (Initial Margin):               $11,475
Scenario Two: February or March 2001 Contracts versus Contracts following the
April 2001 Contract
Clearing Member (Maintenance Margin):               $  9,500
Member Customer (Initial Margin):                   $10,450
Non-Member Customer (Initial Margin):               $12,825
Scenario Three: April 2001 Contract versus Contracts following the April 2001
Contract
Clearing Member (Maintenance Margin):               $  3,500
Member Customer (Initial Margin):                   $  3,850
Non-Member Customer (Initial Margin):               $  4,725
Should you have any questions regarding these changes, please contact Arthur
McCoy at (212) 299-2928 or Joe Sanguedolce at (212) 299-2855.  This notice
supersedes all previous notices regarding outright margins for the NYMEX
Henry Hub Natural Gas Futures Contract.

__________________________________________________
Please click on the link below to indicate you have received this
email.

"
http://208.206.41.61/email/email_log.cfm?useremail=tana.jones@enron.com&refdoc
=document reference"

Note: If you click on the above line and nothing happens, please copy
the text between the quotes, open your internet browser,
paste it into the web site address and press Return.


Start Date: 12/13/01; HourAhead hour: 14;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2001121314.txt


Cara,

First of all, thanks for your input.

Regarding the new issues with path confirmation, most of these are simple problems that we can fix easily.  Vish is already working on them.
Concerning the colors, there are three sets of colors representing market, supply and transmission.  I have asked Vish to add a color key that allows you to change the colors to your liking.  This information will be saved are remembered the next time you run the application.

Regarding Pre-Schedule, adding print capability to the error log should be no problem.  Also, adding "check for errors" functionality will be done.
Concerning "Capability not supported: deal has multiple delivery points"; I believe this is raised when there are multiple strips (either term or schedule) for a deal, but the strips have different delivery points.  The routing process is not able to determine which strips to use.  I will confirm this.

We have already changed Path Confirmation so that it will display the longer description of the counterparty name.  I may have both the code and description displayed.  I believe Corry expects to see the common name in the path confirm records (Corry, can you confirm this?).

The information you have given us will keep us busy for a couple of days, but if you have more, please send it.

Thanks,
Will

 -----Original Message-----
From: 	Semperger, Cara
Sent:	Friday, July 13, 2001 4:21 PM
To:	Atta, Asem; Smith, Will
Cc:	Bentley, Corry; Poston, David; Williams III, Bill
Subject:	Continuing testing of Preschedule Workspace, Path Confirmation and Path Cut software

I am working in the target date of June 20th.  Today I added schedules from Palo Verde and the entire MidC sheet to the testing group. Once COB is added, we will have pretty much an average daily volume.

Here is my attached worksheet for Mid C    << File: Mid_C_June20.psc >>

In Preschedule Workspace:

I added Palo Verde to the group of deals imported, and ran a total of 37 lines into the Path confirmation. The rest of the sheet was all bookouts, and so I marked them for routing only.  I do like the feature of being able to exlude the majority of deals from the path confirmation. This will make the app much faster and less cumbersome for Real Time and Settlements.

I would like the option of printing the error sheet when it comes up, as the lists can be long, and I have to make notes on what is wrong. Also being able to check for errors before running the sheet would save us lots of time.  We currently have a function that checks that all names are recognized before the sheet is imported to paths. This would give us the opportunity of correction before running the sheet, instead of cleaning up afterwards.

Routing functionality question:  If we change a delivery point in scheduling (BPA NW delivered gets moved and changed every day), do these changes not route because the deal entry strip has the original delivery point?  These types of deals route now, I would like to duplicate that existing functionality. I did get an error message on those lines, "Capability not supported: deal has multiple delivery points" Please see the attached sheet, there is a batch of them line 76 thru 86, but it is all deals that are our BPA Northwest Delivered.

The routing speed is EXCELLENT. One second per line or less all the way in Portland on Local Enpower! The megawatts also appear to split properly between mis-matched deal amounts! this is very encouraging. My Palo data was corrupted, so my primary focus for checking routing will be the other delivery points.

My plan is to attack the Alias stuff from a different angle. We are going to work with the team that sets the Enpower "short name" to something that is workable.  I would like to make a new path of approval where the schedulers help set that Enpower short name.

In Path Confirmation

The early sorting looks good, things look very versatile and useable.

Yesterday I identified several problems:

1. The entire path needs to be shown in Both counterparty paths. Currently only the upstream or downstream shows depending on if you are looking at the supply cp or the market cp.

2. The Alias list is not functioning properly.  The Enpower Long name needs to be shown in the Collapsed counterparty view, along with the phone number and a check box to indicate if we check out with the cp.

3. Confirming the deals needs to be done as a batch, not pulling up each deal line by line.

Today, I am finding the following:

1.  When a path is pulled up from the line view to the expanded view,  the system blows away the schedule term and the Delivery point.  These fields have to be re-populated before saving can occur.

2.I am not allowed to sort by Global ID,  even though global IDs are populated there. My idea is that if there is a global present it goes in one section, no globals go in another section, and then expaning on the global section gets the individual numbers. (just like the phys vs. non phys).

3. Pulling up an individual path from line view to expanded view takes over 2 minutes.  This is to long to be practical in production for real time. I would like to see this time go to 5 seconds or less.

4.  All paths are showing up as being cut (cut checkbox checked), even though none have been cut yet.

5. The grey on grey color scheme is not going to work, but that is a little thing. Lighter colors for the back ground are going to be preferable. Variations of the beige color are easier to read.

6. The path cut button and dialog boxes I think are going to need alot of work.  It looks like I will have to do all the Enpower work first, and then populate the cut. This is a bit different than we discussed.  My plan is to take this as far as I can, and then hand it over to Bill Williams III and his group for final 'tweaking'.

7. I also cannot sort by tag number.  We need that.

Thank you all for your work on this, it is really looking good.
I have to schedule on Monday, but will jump right back in when I am finished with daily tasks.

Cara


Sheri L. Cromwell
Sr. Administrative Assistant
Enron North America Corp.
1400 Smith Street, EB 3815
Houston, Texas  77002-7361
Phone:  713-853-3543
Fax:  713-646-3491
E-Mail:  Sheri.L.Cromwell@enron.com


Mitch,

Here's a first draft.  Please suggest any additional complaints/shortfalls
which we need to raise.  It is better to be all inclusive than leave
something out.

Richard, any ideas or comments?

Kay


I cant figure out what to make of this...

 -----Original Message-----
From: 	Sheeren, Ryan
Sent:	Tuesday, October 23, 2001 10:23 AM
To:	Olsen, Michael; Smith, George F.
Subject:	State and County Verification

This is a follow up to the e-mail I sent earlier in th month.
Please be advised that we have discrepancies with the  State and County information for the meter No. (s) listed on the attached spreadsheet.
Will you please review this spreadsheet and provide the State and County information that you may have for the listed meters.

If you are not the scheduler for this pipe please forward this to the appropriate scheduler.

Please do not hesitate to contact me.

Thank you,
Ryan Sheeren

Enron Net Works
Global Facilities
ryan.sheeren@enron.com
(713)853-5817


Please email me the execution version of the escrow agreement.  Are we using
one, two or three?

Thanks,

Kay


To:	    Employees

From:	    ENRON Benefits Department

Subject:    All Employees Participating in the ENRON Domestic Benefit Plans

Enron Benefit Plans
Summary Annual Report

The basic financial and insurance information on the back of this page, as well as the material below, provide a Summary Annual Report for the Enron Benefit Plans.  The annual report for each plan has been filed with the Internal Revenue Service, as required by the Employee Retirement Income Security Act of 1974 (ERISA).

NOTE:  You may receive a report for a benefit plan in which you are not a participant or under which you are not entitled.  Entitlement to benefits under any of the plans is based on the provisions of each plan.

Your Rights to Additional Information

You have the right to receive, upon request, a copy of the full annual report, or any part thereof, for any plan.  For insured plans, insurance information (including any sales commissions paid by insurance carriers) is shown in the annual reports.

To obtain a copy of the full annual report, or any part thereof, for any plan, write or call:

Enron Corp Shareholder Relations
1400 Smith Street
Houston, TX  77002-7311

(713) 853-6161

You also have the right to receive from the plan administrator, on request and at no charge, a statement of the assets and liabilities of the plan and accompanying notes, or a statement of income and expenses of the plan and accompanying notes, or both.  If you request a copy of the full annual report from the plan administrator, these two statements and accompanying notes will be included as part of that report.

You also have the legally protected right to examine the annual report at the main office of the plan (Enron Corp., 1400 Smith Street, Houston, TX  77002-7311) and at the U.S. Department of Labor in Washington, D.C., or to obtain a copy from the U.S. Department of Labor upon payment of copying costs.  Requests to the Department should be addressed to:  Public Disclosure Room, N-5638, Pension and Welfare Benefits Administration, U.S. Department of Labor, 200 Constitution Avenue, N.W., Washington, D.C. 20210.


Attached is the final version of the paper "Recent events in the California
gas markets" paper that I gave to Joe Hillings and Cynthia Sandherr for
congressional briefings.


(See attached file: ng060601.pdf)

_____________________________________________________________________________________________________________________________________

Ce message et toutes les pieces jointes (ci-apres le "message") sont etablis a l'intention exclusive de ses destinataires et sont confidentiels. Si vous recevez ce message par erreur, merci de le detruire et d'en avertir immediatement l'expediteur.

Toute utilisation de ce message non conforme a sa destination, toute diffusion ou toute publication, totale ou partielle, est interdite, sauf autorisation expresse.

L'internet ne permettant pas d'assurer l'integrite de ce message, BNP PARIBAS (et ses filiales) decline(nt) toute responsabilite au titre de ce message, dans l'hypothese ou il aurait ete modifie.
	----------------------------------------------------------------------------------
This message and any attachments (the "message") are intended solely for the addressees and are confidential. If you receive this message in error, please delete it and immediately notify the sender.

Any use not in accord with its purpose, any dissemination or disclosure, either whole or partial, is prohibited except formal approval.

The internet can not guarantee the integrity of this message. BNP PARIBAS (and its subsidiaries) shall (will) not therefore be liable for the message if modified.
_____________________________________________________________________________________________________________________________________

 - ng060601.pdf


In addition to running the East and West portfolio calculations we will also be running the bankruptcy books on a daily basis.  These should be run as 'Official AdHoc Full Book' but NOT OFFICIALIZED.

The post id numbers should be e-mailed to Debbie Brackett, Stephanie McGinnis and John Powell before you leave for the evening.

Thanks,
Stacey


The Associates PRC was completed on Monday, July 24.  As the PRC rep, I will
communicate the final ranking from the PRC process to your supervisor.  I
received a copy of the rankings from Charlene on Friday while I was on
vacation.  I will be communicating the final rankings to each Associate's
supervisor today.  It is your supervisor who will the one be to give you your
performance review and the ranking.  In your case, I would guess that Jean
and your new supervisor will have to work out which one (or both) will do
your review.  --Sally

To: Sally Beck/HOU/ECT@ECT
cc: Jean Mrha/Enron Communications@Enron Communications
Subject: PRC Feedback

Sally,

I don't know whether you or Jean (or Paul?) should be doing the feedback
meeting.  If you will be doing it, please respond with your earliest
availability to conduct that meeting.  I am fairly open currently except for
3pm-4pm Mon-Thurs.

Thanks,

Grant W. Zimmerman
Enron Broadband Services
Phone:  (713) 853-6210
Fax:  (713) 646-8795


Are you guys going to the Beaver game this weekend and if so Wilson had
mentioned that you guys were going down to his house on friday night.  Is
this correct?  If so I would love to head down there with you guys on Friday
but if not I will probably just stay in Portland and go to Corvallis on
Saturday morning.  Let me know.


Team,

Attached is a worksheet for the above mentioned.

Call me if you have any questions.

JS


Please note that the next meeting of the Master Agreement Structural Issues
Working Group will take place at ISDA's European office in London on Monday,
18th June at 4.00 p.m., London time (11 a.m., New York time).  Telephone
conference facilities will be provided for those who cannot attend the
meeting (details to be circulated in due course) but, as always, attendance
in person is encouraged.

The purpose of the meeting will be to try to finalise the terms of the
Bridge that takes an "agreement" (rather than a "transaction") approach.

I attach both a clean and a marked-up version of the latest draft of the
Bridge, together with some slides I used at a recent meeting of ISDA's
European Energy and Developing Products Committee, and the minutes for that
meeting.

Please let my secretary, Anna Elia (aelia@isda-eur.org
<mailto:aelia@isda-eur.org> ), know if you plan to attend the meeting.

Kind regards,
John.

 <<Cross-Agreement bridge4.doc>>  <<Cross-Agreement bridge3.doc>>  <<ISDA
Bridge Presentation.ppt>>  <<Cross-Agreement Bridge memo.doc>>

John Berry
International Swaps and Derivatives Association, Inc.
One New Change, London, EC4M 9QQ
Tel: +44 20 7330 3550
Fax: +44 20 7330 3555
e-mail: jberry@isda-eur.org
http://www.isda.org

  -----Original Message-----
  From: John Berry
  Sent: 20 March, 2001 17:08
  To: Cynthia Richards; Angela Papesch (Asia-Pacific
Office); beat.gabathuler@zkb.ch;
charles.ross-stewart@ib.bankgesellschaft.de; David Benton; David Wysoki;
ernst.decker@bhf-bank.com; fcaputo@bci.it; gabriel.benincasa@msdw.com;
harvey@sbcm.com; John Berry; Kimberly Summe; lewis_david@jpmorgan.com; Mark
Taylor; Richard Tredgett; Robert Pickel; svenokur@lehman.com
  Subject: RE: Master Agreement Structural Issues
Working Group Meeting, Wednesd ay, March 21 at 9:00 a.m. (NY time)  2:00
p.m. (London time)

  Please find attached a slightly revised (by Joe Carrico)
draft of the ISDA/GMRA Insolvency Bridge, which takes the approach, if a
Bankruptcy Event of Default occurs, of deeming relevant repo transactions to
be Transactions under the ISDA Master Agreement.  While we wish to focus our
discussion tomorrow on the draft "Cross-Agreement Bridge", we would be happy
to hear some further discussion on this type of approach.

   << File: GMRA insolvency bridge-20March01.doc >>

  John Berry
  International Swaps and Derivatives Association, Inc.
  One New Change, London, EC4M 9QQ
  Tel: +44 20 7330 3550
  Fax: +44 20 7330 3555
  e-mail: jberry@isda-eur.org
  http://www.isda.org

    -----Original Message-----
    From: Cynthia Richards
[mailto:CRICHARDS@isda.org]
    Sent: 19 March, 2001 20:28
    To: Angela Papesch;
beat.gabathuler@zkb.ch; charles.ross-stewart@ib.bankgesellschaft.de; David
Benton; David Wysoki; ernst.decker@bhf-bank.com; fcaputo@bci.it;
gabriel.benincasa@msdw.com; harvey@sbcm.com; John Berry; Kimberly Summe;
lewis_david@jpmorgan.com; Mark Taylor; Richard Tredgett; Robert Pickel;
svenokur@lehman.com
    Subject: Master Agreement Structural
Issues Working Group Meeting, Wednesd ay, March 21 at 9:00 a.m. (NY time)
2:00 p.m. (London time)

    In reference to the above mentioned subject,
for those who cannot attend
    this meeting in person please note the call
in information:

    International call  865 544 0268

    Domestic call    800 680 2473

    Participation Code  409 685

    Host Code  311 114

 - Cross-Agreement bridge4.doc
 - Cross-Agreement bridge3.doc
 - ISDA Bridge Presentation.ppt
 - Cross-Agreement Bridge memo.doc


Todd,

We are in receipt of the Confidentiality Agreement and have only a few minor
changes:

Enron North America Corp. not - Enron North America, Inc.
Greg Whalley, President and Chief Operating Officer not - President and Chief
Operation Officer

ENA is prepared to sign the Agreement at the to-be-scheduled meeting.

Many Thanks,

Liz Taylor
Executive Assistant to Greg Whalley

Todd Creek <tcreek@mindspring.com> on 04/04/2000 10:04:40 AM
Please respond to "creek@apbenergy.com" <creek@apbenergy.com>
To: "'gwhalle@enron.com'" <gwhalle@enron.com>
cc: Dennis Crum <Windows@mindspring.com>
Subject: Nondisclosure Agreement (NDA)

Greg,

Per request of Dennis Crum, please find attached the proposed NDA between
Enron, True Quote LLC and APB Energy, Inc.  The document can be executed by
initialing each page, signing the last page and faxing to my attention at
the number below.  I will then sign the document and return to you by fax.
 Please contact Dennis Crum or me at the number below with any questions or
comments.  At your earliest convenience, please contact Dennis at
502-327-1400 to schedule a meeting.

Thanks,
Todd A. Creek
True Quote LLC
(502) 327-1400 Main
(502) 608-6500 Mobile
(502) 327-1407 Fax
creek@apbenergy.com

 - NDA_Enron_April2000__.doc


request_number:  DS-AC:003
firstname:  Thomas
lastname:  DeBoer
e-mail:  tdeboer@painehamblen.com
exhibit_wp-02-e-:  JCG-01 and JCG-02
page_numbers:
request_text:  Please disclose and/or produce any and all communcations
from October 16, 2001 to the present, between any of the
party representative of BPA concerning rates to be in
effect for BPA's Fiscal Years 2002-2006, the interactions
of such rates and customer contracts, or procedural
aspects of these rate proceedings.

Terry Mundorf (WPAG)
Lon Peters (PGP)
Linc Wolverton (ICNU)
Scott Brattebo (PacifiCorp)
Kevin Clark (Seattle City Light)
David Hoff (PSE)
Geoff Carr (Northwest Requirements Utilities)
Dennis Parrish (Market Access Coalition Group)
Pam Jacklin (PacifiCorp)
Peter Richardson (PPC)
Kyle Sciuchetti (PPC)
Ray Kindley (PGP)
Jay Waldron (PGP)
Doug Brawley (PNGC)
Eric Johnson (PNGC)
Darcy Norville (PGE)
Lynn Williams (PGE)
Steve Weiss (Northwest Energy Coalition)
Mark Hellman (OPUC)

For purposes of this Request, "disclose and/or produce" has
the meanings described below.  With respect to oral
communications, "disclose and/or produce" means to describe
the time, date, approximate duraction, and substantive
content of the communicatoin; the identity and
organizational affiliation of the communicating individuals;
whether the communication occurred in person or by
telephone; the location of the communication if in person;
the identity of any witnesses to the communications,
including all individuals in the room if the communication
occurred by speakerphone; and whether the communication
was made in the presence of or after coordination with
BPA counsel(if so, identify such cousnel).  For purposes
of this Request, you need not "disclose and/or produce"
oral communications that occurred during meetings noticed
in compliance with Rate Case Rule 1010.7(d).

With respect to written communications, the Request includes
communications in any recorded form, whether on paper,
electronic (including, without limitation, e-mails), or
whatever form.  For such communications, "disclose and/or
produce" means to provide copies of all non-identical
versions of any written communications and to describe
with particularity the circumstances under  which they were
generated or referred to; and to fully "disclose and/or
produce" any oral communications made in connection with
the written communications consistent with the preceding
paragraph. For purposes of this Request, you need not
produce papers served on all parties to the rate case and
made part of the official file in the rate case.
response_text:  There have been no communications from October 16, 2001
forward.  We have received your amendment to this data
request via e-mail but have not yet received a hard copy.
Once we receive the hard copy, we will respond within
seven (7) days, as set forth in WP-02-O-05.

The following information is from the web server:
1.  Logon: IUSR_GRANITE
2.  Remote Host:  border.paine-hamblen.com
3.  Remote IP Address:  207.53.155.98
4.  Form URL:
https://secure.bpa.gov/power/secure/psp/ratecase/discovery/wp_02_response.html
5.  Browser Client:  Mozilla/4.7 [en] (Win98; I)


Our internal phone and voice mail system is all screwed up.  Is 3pm Houston
(5pm BA) today too late for you to discuss omnibus?
I haven't heard a word from Richard.  Scott Neal left a message about the
Friday letter.
Also, Bruce Harris called this morning about the issue of Elektro trading
(Hickerson desk).  I am hoping that Antonio Felix can talk to me sometime on
Wednesday.  He's then out for the rest of the week.  Coordination is getting
complicated.  I'm supposed to get my visa today (so I can leave anytime).
Talk to you soon.  SS

Brent Hendry@ENRON_DEVELOPMENT
09/07/99 12:34 PM
To: Sara Shackleton/HOU/ECT@ECT
cc:
Subject: Re: general

Sara, I can't get through to you on the phone.  I have tried two different
ways.  I have not heard anything on Duke other than Richard has a draft
response he is working on.  Call me when you want to discuss the omnibus.

Sara Shackleton@ECT
07/09/99 04:10 PM
To: Brent Hendry/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:
Subject: general

(1)  I can confirm that the swap group has no financial (or physical) info on
Bolivia.  You may want to check with Alan on the existence of any specific
physical reviews on Bolivia.

(2)  Do you have some time to discuss the omnibus confirm process?

(3)  Have you heard further of Duke?


Thanks - looks like we will need to put an annuity in for the value of this deal between you and STCA -
The others I am tracking down.

 -----Original Message-----
From: 	Williams III, Bill
Sent:	Wednesday, June 06, 2001 8:00 AM
To:	Dunton, Heather
Subject:	RE: PMA's

Heather,
The deal should be #551890.  Sorry about the fat fingers.

Bill

 -----Original Message-----
From: 	Dunton, Heather
Sent:	Tuesday, June 05, 2001 6:20 PM
To:	Williams III, Bill
Subject:	RE: PMA's

Bill Deall #558190 (3/22/01) is a buy from EPMI LT-W-Management
I think you gave me the wrong deal # to look at.

 -----Original Message-----
From: 	Williams III, Bill
Sent:	Friday, June 01, 2001 2:44 PM
To:	Dunton, Heather
Cc:	Symes, Kate
Subject:	PMA's

Heather I have gone through the PMA's and portions of them look appropriate, however, I would appreciate it if you could look into a couple of deals for me.

First:
ST-WHOURLY
02/24/01--Deal# 530686 and 530687.  When Mark Guzman originally made these deals he neglected to put in a 35 mw purchase from WWP at $200 for HE 1-6.  He also neglected to put in the 35 mw sale to Wesco at $275.  The PMA shows the cost for the 35 mw purchase from WWP at $200, but does not show the revenue from the 35 mw sale to Wesco at $275.  These changes were put in at the same time on the same day per Virginia.  This is approximately $57,750.

03/22/01--Deal #558190.  David Porter originally put this deal in as a buy from ST-CALI.  The deal should have been a buy from EES.  I changed the counterparty only, approximately 2 hours after the flash.  The charge of $18750 is the entire charge for the deal (25 mws at $125 for HE 1-6).  If I am charged by EES, I believe I should receive revenue from ST-CALI for the expense that went out with the flash.

ST-WBOM
04/24/01--Deal #590753.  Geir Solberg entered a buy-resale for $320 and $30...I corrected this to 320 and 300 for a difference of $20 on 04/27/01.  This represents a $108,000 change for the better.

There may be more, but this is all I have for now.
Again, I appreciate you taking the time to look into these.

Thanks,

Bill


its okay, its not a big deal, i just wanted you to change it instead of me,
just to be sure.  i am always usually in such a hurry when i talk to you.
but, since it has slowed down a bit......i wanted to let you know you are
doing a wonderful job, and you really are a pleasure to work with.  again i
am sorry if it seems like i am always in a rush, just tell me to chill out.
but, thanks for being so great.  i will pass that on to the traders when i
get a chance!

kerri

   Kate Symes @ ECT                12/18/2000 03:46 PM

To: Kerri Thompson/Corp/Enron@ENRON
cc:

Subject: Re: apb

I just added it. I don't know why, but I checked Jeff's Deal Blotter and he
had entered the broker. For some reason this did not transfer over into Deal
Entry. Sorry!

Kate

Kerri Thompson@ENRON
12/18/2000 01:47 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Re: apb

481433 needs a broker

   Kate Symes @ ECT                12/18/2000 03:37 PM

To: Kerri Thompson/Corp/Enron@ENRON
cc:

Subject: Re: apb

First deal is 481433. Jeff Richter entered this awhile ago.

Second deal is 481489. Sean Crandall forgot to put the broker in - he's
adding that right now.

Thanks,
Kate

Kerri Thompson@ENRON
12/18/2000 01:31 PM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: apb

missing deals

buy idaho
19th
25 mw
415.00
np15

buy aep
19th
25 mw
400.00
cob
off peak


Kathy/Greg/John - Do we need the skills described in the attached resume on
the project team or in the permanent support group or in the eSupply group?
There are no personal recommendations associated this resume.
Vince - thanks for keeping us in mind!
---------------------- Forwarded by Melissa Becker/Corp/Enron on 02/01/2000
01:58 PM ---------------------------

Vince J Kaminski@ECT
01/31/2000 09:04 AM
To: Melissa Becker/Corp/Enron@ENRON
cc:

Subject: Wayne Tow's Resume

Melissa,

Please, take a look at this resume. Any interest?
I got it from a headhunter (I don't know her,
it was a cold call on her part and she did not make a good impression).

Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/31/2000
09:01 AM ---------------------------

leewells@swbell.net on 01/25/2000 05:34:57 PM
Please respond to leewells@swbell.net
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Wayne Tow's Resume

Hi there Mr. Kaminski! It was a pleasure to speak with you today. I look

forward to lunch one day soon at Brennans.

Wayne Tow is a brilliant man, He worked for many years for a man I know
well.  This man says, Wayne is as good as it get, and he could do
anything that is assigned to him, and do it at  a level in which he was
always amazed.
He loves the E-commerce area, and this is what he wants to do
Thank you, Vince.
Lee Wells

 - Wayne2.doc


Job Title: Commercial Manager
Location: Houston, TX
Business Unit: Duke Energy Field Services

Source Code: DRA008840

Responsibilities Include:

Responsible for securing natural gas supply through long-term transportation, processing, compression, and production handling agreements. Draft, develop, and negotiate new contracts and maintain existing commercial contracts. Coordinate with various internal groups including reserves, engineering, planning and legal to develop and manage all aspects of new projects from inception to implementation. Direct daily activities of pipeline and plant operations as it relates to commercial activity. Participate and support company efforts in managing interests in partnership activities. Evaluate and pursue pipeline interconnects or pipeline/gas plant acquisition opportunities. Knowledge and understanding of commercial transactions including identifying and understanding market opportunities, risks, and deal structuring. Perform other related duties as business conditions dictate.

Minimum Qualifications:

Bachelors degree in Business Administration, Engineering, Accounting, Marketing or other comparable degree. Seven years industry experience including evaluating, preparing and negotiating business development opportunities. Must understand and be capable of developing and evaluating economic modeling of projects. Proficient with spreadsheet applications. Excellent communication, interpersonal, and organization skills.

Desired Qualifications:

Ten years experience in the natural gas or energy industry, including experience preparing, evaluating and negotiating term business development opportunities within the Midstream (gathering and processing) market. Excellent working knowledge of gas processing economics. Knowledge of the natural gas supply grid, particularly offshore, and industry participants.

Interested individuals may submit either expressions of interest or resume's to Southern Division Human Resources -- 5718 Westheimer, Suite 2000, Houston, TX 77057 or Fax to 713-627-6617.

Interested, qualified candidates may submit an electronic interest form <http://resumebuilder.webhire.com/resume_add.asp?company=duke> for this position. NOTE: You must enter the source code when submitting your resume. The source code for this position is DRA008840.
Equal Opportunity Employeer


Attached for your review is a draft letter to David Jermain re Cal PX.


Due to a number extenuating circumstances, the deadline for completion of final allocations has been changed from this Friday, September 14th, to next Wednesday, September 19th.  I have attached an updated list of Key Dates for the 2002 Plan.  Please note that no other dates have been adjusted.  The due date for the full plan remains Thursday, October 4th.

Additionally, the Plan format files (in excel form) that are scheduled to be distributed on September 20 per the plan calendar will likely be distributed tomorrow.  It would be beneficial if you or your designee could attend the Adaytum user group meeting tomorrow, as Greg Adams and I will be discussing what is in the file and we will be reviewing the Plan Excel/Adaytum strategy going forward.

Thanks,
Steve


call me


I am flying to ba tonight.
Just to remind you to leave Elsa a note on my behalf.
Hope to see you in Houston soon.

Many thanks big guy.

Pablo
_________________________________________________________________________
Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com.


Keep in mind that we would like "day to day" issues funneled up thru the
various leads/managers.  This will help consolidate the phone calls and help
the Unify I.T. folks concentrate on the problem and centralize the points of
contact for system updates.

Thanks, d.n.
---------------------- Forwarded by Dave Nommensen/HOU/ECT on 08/02/2000
09:07 PM ---------------------------

	Enron North America Corp.

	From:  Donna Greif                           08/02/2000 06:44 PM

To: Unify Gas User Group
cc: Chris Littlejohn/Corp/Enron@Enron, Russell Heitzman/HOU/ECT@ECT, Susan
Lopez/HOU/ECT@ECT, Dave Nommensen/HOU/ECT@ECT
Subject: Unify Emergency Contact Numbers - Systems Support

Information below is maintain on a web based system found at the following
URL:
   http://nahou-apas01d/on_call.htm


Jeff,

Before you write off the stage, a few things to think about.

1.  Operating expenses include $22,000 of materials for maintenance and
repairs.  Plus having a full time onsite maintenance man means no extra labor
cost for repairs.  There are only 44 units a lot of his time is spent on
repairs.

2.  What is an outside management firm going to do?  A full time onsite
manager is all that is required.  As I mentioned the prior manager has
interest in returning.  Another alternative would be to hire a male manager
that could do more make readies and lawn care.  If you turn it over to a
management company you could surely reduce the cost of a full time manager
onsite.

3.  Considering #1 & #2 $115,000 NOI is not necessarily overstated.  If you
want to be ultra conservative use $100,000 at the lowest.

4.  Getting cash out is not a priority to me.  So I am willing to structure
this deal with minimum cash.  A 10% note actually attractive. See below.

My job just doesn't give me the time to manage this property.  This property
definitely requires some time but it has the return to justify the effort.

Sales Price  705,000

1st Lien   473,500

2nd Lien  225,000

Transfer fee    7,500

Cash required   14,500

NOI   100,000

1st Lien    47,292

2nd Lien   23,694

Cash flow  29,014

Cash on cash  200%

These numbers are using the conservative NOI, if it comes in at $115K then
cash on cash return would be more like 300%.   This doesn't reflect the
additional profit opportunity of selling the property in the next few years
for a higher price.

Do you want to reconsider?  Let me know.

Phillip


schedule and meeting file
----- Forwarded by Steven J Kean/NA/Enron on 01/21/2001 04:15 PM -----

	Kelly Johnson
	01/17/2001 03:21 PM

		 To: Steven J Kean/NA/Enron@Enron, Mary Joyce/HR/Corp/Enron@ENRON
		 cc: Maureen McVicker/NA/Enron@Enron, Teresa Wright/HR/Corp/Enron@ENRON
		 Subject: Comp Committee Notice - January 22, 2001


I'll be calling in from out of the office, as will Sheila.


I want Mo's opinion on this, however, I suspect that booking out of the length June 6-30 with Sempra will yield the best value.

 -----Original Message-----
From: 	Sarnowski, Julie
Sent:	Tuesday, June 04, 2002 1:36 PM
To:	Baughman, Edward
Cc:	Gang, Lisa; Cavanaugh, Darren
Subject:	RE: City Of Riverside

Yes, Riverside is not accepting our schedule.  I will get with Mo when he returns from vacation tomorrow to see if we can set up a new deal with someone else.

-Julie

 -----Original Message-----
From: 	Baughman, Edward
Sent:	Tuesday, June 04, 2002 11:01 AM
To:	Sarnowski, Julie
Cc:	Gang, Lisa; Cavanaugh, Darren
Subject:	RE: City Of Riverside

Julie:

Can you update me on Riverside. I Assume they refused our scedule for 6/5. Please confirm.

Thanks

 -----Original Message-----
From: 	Sarnowski, Julie
Sent:	Monday, June 03, 2002 11:29 AM
To:	O'Neil, Murray P.; Baughman, Edward
Cc:	Murphy, Harlan; Sharp, Vicki; Miller, Don (Asset Mktg); Elafandi, Mo
Subject:	RE: City Of Riverside

Riverside just called to confirm they are indeed refusing our schedule.  They said they have sent a fax and certified letter of their intent to do so.

-Julie

 -----Original Message-----
From: 	O'Neil, Murray P.
Sent:	Monday, June 03, 2002 9:15 AM
To:	Baughman, Edward; Sarnowski, Julie
Cc:	Murphy, Harlan; Sharp, Vicki; Miller, Don (Asset Mktg); Elafandi, Mo
Subject:	RE: City Of Riverside

At this point in time NO.

I would think as long as we are sending LD's back to Riverside, we are better off for the first day to just let them go to the imbalance market in Cal.  However, we may want to look farther out in the month and book out with supplier.

MO

 -----Original Message-----
From: 	Baughman, Edward
Sent:	Monday, June 03, 2002 11:08 AM
To:	O'Neil, Murray P.; Sarnowski, Julie
Cc:	Murphy, Harlan; Sharp, Vicki; Miller, Don (Asset Mktg); Elafandi, Mo
Subject:	RE: City Of Riverside

Any sense for what level ISO liquidation is running? Are we better off booking out with the supplier? Either way, Riverside will be charged LD's, however, we need to minimize size of the LD's.

 -----Original Message-----
From: 	O'Neil, Murray P.
Sent:	Monday, June 03, 2002 10:58 AM
To:	Sarnowski, Julie; Baughman, Edward
Cc:	Murphy, Harlan; Sharp, Vicki; Miller, Don (Asset Mktg); Elafandi, Mo
Subject:	RE: City Of Riverside

Ed,

The liquidation of energy will be at the 10min Dec price.  The ISO will take the Hourly volume position and divide it by 6 then multiplying that by each 10 min price in each hour.

MO

 -----Original Message-----
From: 	Sarnowski, Julie
Sent:	Monday, June 03, 2002 10:52 AM
To:	Baughman, Edward; O'Neil, Murray P.
Cc:	Murphy, Harlan; Sharp, Vicki; Miller, Don (Asset Mktg); Elafandi, Mo
Subject:	RE: City Of Riverside

Well, I just spoke with Riverside to let them know we will still be scheduling to uphold our contract, and they again reiterated that they would refuse.  I will know 100% sometime in the next hour or so if they have indeed refused at which time the ISO will call me to confirm.  Yes, the length should liquidate at the ISO clearing price.

-Julie

 -----Original Message-----
From: 	Baughman, Edward
Sent:	Monday, June 03, 2002 8:42 AM
To:	Sarnowski, Julie; O'Neil, Murray P.
Cc:	Murphy, Harlan; Sharp, Vicki; Miller, Don (Asset Mktg); Elafandi, Mo
Subject:	RE: City Of Riverside

As you indicate, we must submit our schedule for June 4 and again June 5 to establish Riverside's intent to continue to refuse delivery. Logistically, at what time will we know with 100% certainty that Riverside is not scheduling? Can you confirm for me that our length will liquidate with the Cal-ISO at the real-time clearing price?

Harlan: We need to get a written response to Riverside this AM.

 -----Original Message-----
From: 	Sarnowski, Julie
Sent:	Monday, June 03, 2002 10:24 AM
To:	Baughman, Edward; O'Neil, Murray P.
Subject:	RE: City Of Riverside

Riverside called this morning and said they would not submit their schedule to the ISO and will refuse delivery beginning June 4th.  As per the first e-mail from Ed stating that we should still schedule to show their attempt to refuse, that is what I will attempt to do for tomorrow's schedule.

-Julie

 -----Original Message-----
From: 	Baughman, Edward
Sent:	Friday, May 31, 2002 2:51 PM
To:	Sarnowski, Julie
Subject:	RE: City Of Riverside

Thanks for the update. Please keep a close eye on them. Let me know if they change their schedule.

Thanks

 -----Original Message-----
From: 	Sarnowski, Julie
Sent:	Friday, May 31, 2002 1:15 PM
To:	Baughman, Edward; Gang, Lisa; Cavanaugh, Darren
Cc:	O'Neil, Murray P.; Elafandi, Mo; Murphy, Harlan; Sharp, Vicki; Erwin, Kenton; Miller, Don (Asset Mktg); Semple, Robert; Grace, Rebecca M.
Subject:	RE: City Of Riverside

I have scheduled California through June 3rd, and Riverside has not of yet pulled their schedule for any of those days.  Maybe it has something to do with the California energy alert issued yesterday?

-Julie

 -----Original Message-----
From: 	Baughman, Edward
Sent:	Friday, May 31, 2002 8:53 AM
To:	Baughman, Edward; Gang, Lisa; Sarnowski, Julie; Cavanaugh, Darren
Cc:	O'Neil, Murray P.; Elafandi, Mo; Murphy, Harlan; Sharp, Vicki; Erwin, Kenton; Miller, Don (Asset Mktg); Semple, Robert; Grace, Rebecca M.
Subject:	RE: City Of Riverside

I just spoke with D. Cavanaugh and he indicated that Riverside has not pulled their Cal-ISO schedule for June 1. Rebecca Grace indicates that Riverside is current on cash payments due Enron. I recommend that we continue delivery until such time as Riverside refuses or they fail to make payment when due. It may make sense to hold off on hedging the July Riverside position (currently planned for next Thursday) to see if they follow through on their threat. In addition, we may want to consider a written response to the vague threats contained in their May 30, 2002 letter.

Harlan: your opinion?

 -----Original Message-----
From: 	Baughman, Edward
Sent:	Thursday, May 30, 2002 6:25 PM
To:	Gang, Lisa; Sarnowski, Julie; Cavanaugh, Darren
Cc:	O'Neil, Murray P.; Elafandi, Mo; Murphy, Harlan; Sharp, Vicki; Erwin, Kenton; Miller, Don (Asset Mktg); Semple, Robert
Subject:	City Of Riverside

I just received notice from COR that they do "not intend to schedule or pay for any further energy deliveries" by Enron. The notice is dated May 30. Please let me know the instant Riverside refuses our energy delivery schedule. Since we have purchased the entire month of June, we will be in a position of liquidating that length should Riverside refuse delivery. Once Riverside refuses delivery,  we should plan on attempting to schedule at least once again to demonstrate their intent to continue to refuse delivery. Therefore, we need to discuss strategy before selling Riverside length back into the market or, alternatively, booking out with the energy supplier. Let me know if you have any questions.

Thanks,

Ed


both.   i have it on dutch's machine just in case something ever pops up but
it rarely does

From: Andy Zipper/ENRON@enronXgate on 02/15/2001 01:25 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: RE:

I will send you the list. Are you having it removed because there is nothing
on it, or because you don't want ot support them ?

 -----Original Message-----
From:  Arnold, John
Sent: Thursday, February 15, 2001 12:43 PM
To: Zipper, Andy
Subject:

Andy:
Can you remove ICE from mine and Mike Maggi's computer.
Also, do we have a list of who has it installed.  I hate supporting our
competition.
John


Mike Swerzbin did not get a confirm from the broker on these deals. They were
two sleeves done with EES, and Driscoll just entered them. Thanks for the
heads up. Any other questions, just give me a call or e-mail.

Kate


Shirley,

Please, arrange a phone interview with Richard.
Stinson, myself, Vasant.

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 05/02/2001
08:15 AM ---------------------------
From: Kristin Gandy/ENRON@enronXgate on 05/01/2001 05:14 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: A friend of mine

Vince,

Last week I was contacted by one of my friends who is very interested in
becoming an Enron employee.  He has a PHD and several years research and lab
experience.

Richard is afraid that being a PHD is a dying breed and may need to go back
to school to obtain an MBA.  I was wondering if you would mind looking at the
attached resume to assess if you have any interest in Richard, or if you feel
I should encourage him to go back to school.  I am unclear as to the
qualifications for your group so I apologize if this request is way off base.

Thank you for your help,

Kristin Gandy
Associate Recruiter
Enron Corporation
1400 Smith Street EB 1163
Houston, Texas  77002

713-345-3214
kristin.gandy@enron.com


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SIVY ON STOCKS from money.com
May 9, 2001

Aluminum shines

The economy should come back later this year, and classic cyclical stocks,
such as Alcoa, have already begun major upswings.

By Michael Sivy

Amid all the concern about technology stocks, many investors seem to have
forgotten that the traditional business cycle still exists. But while the
drop -- and the more recent recovery -- in tech has been the most dramatic
event in the stock market, companies in other sectors have felt the results
of the economic slowdown, too. In fact, many traditional cyclical companies
experienced a classic bear market that ended a few months ago -- and they
now appear to be in the first phase of a recovery that could last as long
as five years.

The biggest gains figure to be in industries that benefit both from
improving economic activity and from moderate increases in inflation. Chief
among these stocks are the producers of raw materials. Since the supply of
commodities can't change very quickly, prices are set largely by the level
of demand. As a result, an economic upturn can make commodities prices firm
up quite suddenly. Moreover, initial inflation pressures -- such as those
that have been reported in the past couple of months -- typically show up
in the prices of metals before they show up in manufactured goods and
services.

Alcoa [AA] is a prime example of such a stock. The world's largest aluminum
producer, Alcoa's earnings hardly fell during the slowdown of the past nine
months. Growth is expected to revive and accelerate over the rest of 2001.
And next year, the company is projected to increase earnings more than 30
percent.

Alcoa's resilience has several sources. One has been aggressive cost
reduction. Alcoa has already trimmed annual costs by $1 billion and plans
to cut $1 billion more. In addition, the aluminum giant has been shedding
non-core assets, such as an alumina refinery in Australia and the Thiokol
propulsion business that it acquired through an acquisition. Over the next
couple of years, Alcoa should become a more focused and more profitable
company.

Despite all this good news, Alcoa's results have been held back by three
factors -- the general economic slowdown, the somewhat depressed aerospace
market and the West Coast electricity shortage, which has idled some
production capacity. All three, however, are about to improve. The economy
should be in a solid recovery by next year. The construction of commercial
aircraft should reach a peak in the next few years, thanks to new models
from both Airbus and Boeing. And power availability in the Pacific
Northwest will eventually recover as well.

The result will be an extraordinarily strong upswing in earnings that will
rival those of some tech stocks. Over the next five years, Alcoa's earnings
should increase faster than 15 percent annually. At $41.50, Alcoa is
trading at just about 20 times estimated earnings for the current year and
less than 16 times next year's projected results. That compares with an
average P/E of 18 over the past six years. For anyone looking to balance a
tech portfolio without sacrificing above-average growth, Alcoa is a perfect
choice.

###

Post your comments on Michael's column at:
http://www.money.com/depts/investing/sivy/index.html

To subscribe or unsubscribe to Sivy on Stocks, go to:
http://www.money.com/email/

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Not always feeling better.  I am very sore today


A California Markets Focus Group meeting will be held daily starting
tomorrow, December 15th.  Please plan to attend this meeting starting at
10:00 a.m.  to be held in conference room EB 2868.

This will be a level setting meeting to determine what topics should be
reviewed with the group on a daily basis.   This forum will also allow for an
overview of changes in market prices, positions and identify strategies.
The recurring time and location of these daily meetings will be determined
tomorrow as well.

Participation by you (or your pre-identified representative)  in these
meetings on a daily basis is critical.  We will be preparing a report for the
EES G-9 daily and your input is required.

Any questions, please call Wanda Curry @ x-33411.

Thanks


Hello again,

Hines management just called and asked me to let everyone know that the package has been cleared. (False alarm)

Thanks,

CZ


Here are the different presentations that you are looking for.
Ben
3-7998


Andy -- To make a long e-mail chain below short -- a reporter from the Economist interviewed Jeff Skilling and Greg Piper about what makes Enron successful in e-Commerce.  Since he knows Accenture is one of our consulting companies, he contacted them to ask them the same question.  Their PR dept. and ours is asking for direction on whether Accenture should talk to this reporter.

Mike and I think we should just request Accenture to not talk to this reporter since they are under a confidentiality agreement with Enron.

I'll let our PR dept know, unless you feel otherwise.

Kal

 -----Original Message-----
From: 	Meyer, Vance
Sent:	Thursday, May 24, 2001 6:04 PM
To:	Shah, Kal; Piper, Greg; Zipper, Andy
Cc:	Denne, Karen; Palmer, Mark; Philipp, Meredith
Subject:	RE: ECONOMIST: Enron, Accenture - - any topics that COULD be discussed re: Accenture's eBusiness work for Enron ...(next week, in Houston)

Greg/Andy/Kal --

Not clear to me if this is strictly Accenture's work for Credit or for EOL.  Not sure if they've worked for us, but I presume we don't want them taking ANY credit for our success given our origination goals and messages!

Vance

---------------------- Forwarded by Vance Meyer/NA/Enron on 05/24/2001 06:00 PM ---------------------------

Vance Meyer
05/24/2001 05:59 PM
To:	Bryan Seyfried/LON/ECT@ECT, Meredith Philipp/Corp/Enron@ENRON, Kimberly Friddle/ENRON@enronXgate, Jackie Gentle/LON/ECT@ECT, Jeff Kinneman/Enron@EnronXGate
cc:

Subject:	RE: ECONOMIST: Enron, Accenture - - any topics that COULD be discussed re: Accenture's eBusiness work for Enron ...(next week, in Houston)

NOT SURE WHO THE CONTACT WITH ACCENTURE WOULD BE ON THIS, BUT PLEASE CALL ME BEFORE MOVING FORWARD.  VIJAY WAS HERE AND HAS INTERVIEWED JEFF SKILLING, GREG PIPER, MIKE MCCONNELL AND OTHERS IN THE ORGANIZATION.  I WOULD APPRECIATE THE OPPORTUNITY TO COORDINATE.

MEREDITH SENT THIS TO ME KNOWING THAT VIJAY WAS HERE AND I WAS INVOLVED.

Thanks

Vance Meyer
54459

---------------------- Forwarded by Vance Meyer/NA/Enron on 05/24/2001 05:53 PM ---------------------------

Meredith Philipp
05/24/2001 04:50 PM
To:	Vance Meyer/NA/Enron@ENRON
cc:

Subject:	RE: ECONOMIST: Enron, Accenture - - any topics that COULD be discussed re: Accenture's eBusiness work for Enron ...(next week, in Houston)

Does this have to do with any of your Accenture or Economist stuff?
----- Forwarded by Meredith Philipp/Corp/Enron on 05/24/2001 04:49 PM -----

	Eva Hoeffelman/Enron@EUEnronXGate 05/21/2001 06:28 AM 	   To: Bryan Seyfried/LON/ECT@ECT, Meredith Philipp/Corp/Enron@ENRON, Kimberly Friddle/ENRON@enronXgate, Jackie Gentle/LON/ECT@ECT  cc: John Sherriff/LON/ECT@ECT  Subject: RE: ECONOMIST: Enron, Accenture - - any topics that COULD be discussed re: Accenture's eBusiness work for Enron ...(next week, in Houston)

We know Vijay quite well and he is not easiest to deal with.  He has believed for years that Shell was going to take us over and never cured from that obsession.  I don't know anything about Vijay's visit, so don't know who he's speaking to in the US.  If he needs to be briefed on Enron Credit, I think that should be done by John here from London.

And the decision to let Accenture talk about their work with Enron is one that has to be taken from corporate hq (Meredith). I would imagine though that our own Enron story is enough of a story, we don't need to do or like any 3rd-party endorsement from Accenture.

Regards
Eva

 -----Original Message-----
From: 	Seyfried, Bryan
Sent:	Sunday, May 20, 2001 3:31 PM
To:	Philipp, Meredith; Hoeffelman, Eva; Friddle, Kimberly
Cc:	Sherriff, John
Subject:	ECONOMIST: Enron, Accenture - - any topics that COULD be discussed re: Accenture's eBusiness work for Enron ...(next week, in Houston)

Accenture has done some work for us defining the 21st century credit process to support the online business environment.....not sure if they would add value here but we certainly would like Enron Credit discussed in the article if possible....

thanks
---------------------- Forwarded by Bryan Seyfried/LON/ECT on 20/05/2001 15:18 ---------------------------

 << OLE Object: Picture (Device Independent Bitmap) >>
michael.r.sutcliff@accenture.com on 20/05/2001 20:05:55
To:	Bryan.Seyfried@enron.com
cc:

Subject:	ECONOMIST: Enron, Accenture - - any topics that COULD be discussed re: Accenture's eBusiness work for Enron ...(next week, in Houston)

Hello Bryan.  Please see the note below and let us know if there is any way
we can use this to the benefit of Enron Online.  If not, we'll simply not
talk to the reporter due to client confidentiality.

 Michael R. Sutcliff                          Direct: +44 (0) 208 844-5295

 Accenture                                    Mobile: +44 (0) 774 700-7667

 Finance & Performance Management Service            Octel & VPN: 43/45295
 Line

 London                                      michael.r.sutcliff@accenture.
                                                                       com

----- Forwarded by Michael R. Sutcliff on 05/20/2001 03:04 PM -----

            Darienne L. Dennis,
            New York City,               To:     Kenny W. Baldwin, Peggy A. Kostial@Accenture, Michael R.
            45/27760; (917)              Sutcliff@Accenture
            452-7760; Fax: (917)         cc:     neil_nowlin@dal.bm.com, stefan_batory@uk.bm.com, Kathleen L.
            527-5387                     Bellah, Heather K. Doyle, Dainty Duran, Roxanne Taylor, Shari K.
                                         Wenker@Accenture, Alka Shah@Accenture
            05/18/2001 11:48 AM          Subject:     ECONOMIST: Enron, Accenture - - any topics that COULD be
                                         discussed re: Accenture's eBusiness work for Enron ...(next week, in
                                         Houston)

Greetings,

I will try to clarify what I know re: the ECONOMIST's interest in Enron,
and possibly speaking with someone at Accenture:

- Vijay Vaitheeswaran, reporter for the ECONOMIST, will be visiting Houston
next Monday-Wednesday; he leaves London this weekend for the States.

- he is doing 'an indepth' story on Enron, particularly interested in their
eBusiness operations;  he has been told that Accenture has worked on
different programs at/for Enron in general (NO MENTION OF SPECIFIC
PROJECTS!!!), that we are trying to ID what might be appropriate for the
reporter's needs .... and that we need more specific details from Vijay, to
nail down the right partner.

- Vijay has said only that he'd like to talk to someone who has worked on
Accenture's eBusiness work for Enron, to find out how Accenture has helped
Enron to maximize those ebusiness capabilities.

- would also like to discuss Accenture work around eBusiness in general

NOW, given sensitivities of the nondisclosure agreements around some of the
projects Accenture is currently working on w/Enron:

     1.  IS there anything that Accenture can tell this reporter about
eBusiness, without endangering the Enron relationship?  What would the
topics be?

     2. IF WE decide to participate, who would be the best Accenture
partner to be interviewed?  Peggy?  Kenny?  Jeff S.?

     3.  DOES ENRON approve of our speaking with the ECONOMIST?  (certainly
if they are talking with him, this could be an opportunity for us to
support, echo and otherwise fortify Enron's message points in this area - -
I look to Kenny and Peggy for guidance here).

Messages have been left with Vijay, asking for more specific information.
I will follow up with him as directly as I can on Monday;  since Vijay with
be in the US, he should now deal with me and/or Neil Nowlin, my media
relations colleague based in the Dallas office of BursonMarsteller
(Accenture's PR counsel).

I've attached some background info on Vijay (see below);

I look forward to your thoughts and comments.

Cheers
Darienne

Director, Media Relations/Resources
New York City

BACKGROUND BIO INFO ON Vijay Vaitheeswaran:

Vijay Vaitheeswaran
The Economist

Vijay Vaitheeswaran covers oil for The Economist magazine in London.  He
earned a B.S. in mechanical engineering from M.I.T. and recently was
honored with The British Energy Award for the Best Public Utility
Submission at the 2001 Business Journalist of the Year Awards.
(The awards are supported by the Corporation of London, the Confederation
of British Industry, the London Chamber of Commerce and Industry and the
Chartered Institute of Bankers, sponsored by
industry, and judged by prominent journalists, and representatives of
non-profit institutions.)
Eight years ago, the former New Yorker went to work at a new job in London.
He is now as much a fixture at The Economist as the clunky old Atex system.
Vijay is a former mechanical engineer turned brand manager at Procter &
Gamble turned reporter. In 1994, The Economist sent him out to Mexico to
open its first bureau in Latin America. He returned in 1998 with a tan, a
stash of tequila and fine cigars, and a very bad attitude about frigid
England.
He's gotten over it, and just recently took on the global environment
energy beat, with responsibility for topics ranging from the obvious to
agriculture, mining and commodities, as well as the impact of all of these
things on economic development.

Here's a link to his most recent article in The Economist
A brighter future?
The Economist, Feb 8th 2001
By Vijay Vaitheeswaran

http://economist.com/displayStory.cfm?Story_ID=497405&CFID=2201824&CFTOKEN=35970405
For the better part of a century, governments the world over have been
running the power business as a command-and-control monopoly. Even in
free-market America, most people have been getting their power from stodgy
local utilities unencumbered by competition. This method has its merits:
most of the rich world is now wired up. But it conspicuously failed in the
developing countries, where over 2 billion people still have no access to
electricity. And now, as concerns about the reliability and
cleanliness of grid power grow, its limitations are becoming more apparent
in the industrial world, too.

This message is for the designated recipient only and may contain
privileged or confidential information.  If you have received it in error,
please notify the sender immediately and delete the original.  Any other
use of the email by you is prohibited.

<Embedded Picture (Device Independent Bitmap)>
<Embedded Picture (Device Independent Bitmap)>


My proposed changes.
----- Forwarded by Steven J Kean/NA/Enron on 01/21/2001 05:01 PM -----

	Elizabeth Ivers
	01/21/2001 03:23 PM

		 To: Mark Palmer/Corp/Enron@ENRON, Steven J Kean/NA/Enron@Enron
		 cc: Mark Koenig/Corp/Enron@ENRON
		 Subject: California

A starting point for the California section of the Conference Call script.
Please comment.  Thanks.


Start Date: 4/24/01; HourAhead hour: 11;  No ancillary schedules awarded.
Variances detected.
Variances detected in Generation schedule.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042411.txt

---- Generation Schedule ----
$$$ Variance found in table tblGEN_SCHEDULE.
     Details: (Hour: 11 / Preferred:   0.00 / Final:   0.00)
  TRANS_TYPE: FINAL
  SC_ID: EES
  MKT_TYPE: 2
  TRANS_DATE: 4/24/01
  UNIT_ID: BADLND_7_PL1X2

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 11 / Preferred: 132.77 / Final: 132.70)
  TRANS_TYPE: FINAL
  LOAD_ID: SDG1
  MKT_TYPE: 2
  TRANS_DATE: 4/24/01
  SC_ID: EPMI


I think paul has a number of good suggestions here.  I think that tying
rankings to clear objectives does not reflect the fluidity of our charge,
though, and will lead to expectations which may not be met.  I also feel
strongly that the ranking needs to be a relative one -- I would go to a pure
number system.  We are going to need to assess at each PRC whether the
organization is strong (in which case I think it's ok to have a
disproportionate number of high ratings) or whether the organization has
weaknesses that force us to grade tougher.  You don't get that in an absolute
system with preset expectations.  I think your group in particular has done a
good job of emphasizing team work ( and punishing those who don't play well)
so we need not create a competitive or jockeying environment so long as that
emphasis is communicated explicitly.

I agree with Paul's points about giving clear, specific feed back (though I
don't think we can give a clear target for what one must accomplish to be
superior).  I also like the idea of the abbreviated mid year PRC to deal with
those we need to counsel more vigorously.  I'm not sure we can get away with
it but I am willing to give it a shot.

I think Paul is to be complimented for taking time to focus on the larger
organizational issues .... very vice presidential of him... no overstepping
of bounds ... quite the contrary.

	Richard Shapiro@EES
	10/31/2000 02:52 PM

		 To: Steven J Kean/NA/Enron@Enron
		 cc:
		 Subject: PRC Stuff

Can we discuss?
---------------------- Forwarded by Richard Shapiro/NA/Enron on 10/31/2000
02:52 PM ---------------------------

Paul Kaufman@ECT
10/27/2000 07:04 PM
To: Richard Shapiro/NA/Enron@Enron
cc:

Subject: PRC Stuff

Here's my effort to respond to the PRC discussion we had in Kohler.

The criteria for evaluating folks is at the end of the presentation ... but I
took the liberty to go a bit further and comprehensively address the PRC
process.    Hope I didn't overstep my bounds ....

I'm around today, as well as Monday (ENA meeting most of the day) and
Tuesday, but then traveling in Reno, Las Vegas and San Francisco for the
remainder of the week.   I'd welcome the opportunity to discuss the reasoning
and rationale behind the document.

As I said on my voice mail, I circulated the document to the attendees at
Kohler (with the exception of Sue L. and Linda R.).  I've had feedback from a
number of the attendees, but I can't call it a consensus document.

As always, thanks for the opportunity to make suggestions like this.


---------------------- Forwarded by Eric Bass/HOU/ECT on 03/26/2001 12:59 PM
---------------------------

sylviamaser@kaseco.com (Sylvia Maser) on 03/26/2001 12:55:52 PM
To: eric.bass@enron.com
cc:
Subject: Learn Technical Analysis, Houston, April 17-18

If you do not wish to receive emails on our great deals, please reply to this
email with UNSUBSCRIBE as the subject

?

Learn Technical Analysis
Two Full Days, April 17-18, 2001
Houston, Texas

www.kaseco.com

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? When to Buy or Sell (Entry Techniques)
? When to Exit Based on Signals (Momentum and Divergence)
? How to Exit Based on Stops (Managing Trade Risk)
? Chart Patterns and Forecasting Basics (Candlesticks, Elliott? Wave, Flags,
etc.)
? Statistical Hedging

?

Registration Fees Include a Copy of Cynthia Kase's acclaimed book
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Fees
Location and Hotel
About the Presenters
Who Should Attend
Detailed Agenda and Schedule
Custom Classes
Future Class Dates

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For more information log on to www.kaseco.com or contact me directly at the
Email or phone numbers shown below.?
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Kase and Company, Inc.
sylviamaser@kaseco.com
505-237-1600 voice
505-237-1659 fax

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Two or more: $895.00

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1-800-613-3982 Reservations by Phone
1-713-624-1517 Reservations by Fax
Room Rate: $139.00 per night
Please Mention that you are attending the Kase and Company Seminar.
?
Back to Links

Two Future Classes
Location: Houston
Dates: July 17-18, 2001 and October 2-3, 2001
Same Agenda
Register at any Time!!


Get Chris Abel on my schedule early Monday.
Also can you make sure that I have a computer set up for me in Portland and
Calgary and that it gets me into my network.  I especially need to be able to
get into the executive reports.


John,

No problem.
I look forward to it.

Vince

"John D. Martin" <J_Martin@baylor.edu> on 03/23/2001 09:04:44 AM
To: vkamins@enron.com
cc:
Subject: Request

Vince,

Would you mind making a few luncheon comments to the Texas Finance Festival
group at our sat luncheon?  I struck out with Andy and Sheridan thought
that you could relate very well to the group.  How about it?

John

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


Start Date: 1/5/02; HourAhead hour: 16;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002010516.txt


Pam:
Here is the latest version of the presentation.  Let me know when you are
going to download the presentation into the system.  Thanks
Ben


Here's something to look at.

Kay


The Houston Association of Realtors Board of Directors voted to support both
the Downtown Arena Referendum and Proposition 2012.   An e-mail greeting I
composed is being sent today to 6500 members of HAR with e-mail addresses to
encourage them to vote for the Arena, Proposition 2012, and HAR's
recommended candidates.  Sue Walden approved the message earlier today and
gave me your e-mail address.  Click below to see and hear HAR's greeting.  I
hope you like it!

Dana Simons
Governmental Affairs Director
Houston Association of Realtors
3693 Southwest Freeway
Houston, TX 77027
713/629-1900 ext. 223
simonsays@har.com

Hello! HAR sent you a greeting card.
You can view your personal message here:
<http://www.erealtycards.com/viewcard.asp?id=136543075>
If clicking the link to view your e-card doesn't work, try copying and
pasting it into the address line of your Web browser.
Send your FREE eRealtyCard to clients, friends and family at
<http://www.erealtycards.com>
Thanks for using eRealtyCards.com!


There will be a farewell gathering on Thursday, December 21, 2000, 5:30 PM at
Kells Irish Pub, 112 SW 2nd Ave.  This is a phantom farewell, to find out who
the departed one is you must come to the party!

Shhhh.....it's a surprise for all!

Hope to see you there!

Mollie

PS. Please don't ask me, I don't like to lie!


During the Term of this ILA, EPMI shall be entitled to be paid a fee for  for
performance as follows:

i. EPMI shall be paid a fee equal to the sum of 1) the Incentive Fee which
shall not be less than $12,500 and 2) a fee of $1/MWhr above the delivered
price for purchases of Off-Peak Power (the fee of $1/MWh shall not be
included in the calculation of Savings), and  3) payment for the delivered
cost of market power purchased to serve MDEA,s and the Cities Native Load in
accordance with the transaction Confirmation.  Individual transactions will
be confirmed by written confirmation to be acknowledged and signed by EPMI
and jointly by MDEA, YCPSC and CPUC..
ii.  In the event that this ILA is terminated early, the minimum monthly
Incentive Fee amount shall be $12,500 divided by thirty (30) and multiplied
times the number of days in May in which this Agreement was in effect.
iii. The Incentive Fee shall consist of forty percent (40%) of the Total
Daily Savings.  Total Daily Savings is the product of (1) the Savings per MWh
calculated for the day, times (2) the total MWh for the same day of market
power purchased to serve system load.
iv. Savings per MWh is calculated as the positive difference between (a) the
MDEA Target Production Cost for units that would have run if market power
were not purchased to serve system load, and (b) the delivered cost of market
power purchased to serve system load.


Here is what the proposed site would look like following the link from the
EnronOnline quotes screen.  From a commercial and design perspective it looks
great.  Any legal issues?

Louise raised the idea that we may want to add a disclaimer that the content
is provided by Sports.com.  I told her that we had an indemnification from
them with respect to libel, etc.   Please let me know if you think we need to
add this.

thanks
Dave

---------------------- Forwarded by Dave Samuels/HOU/ECT on 06/07/2000 10:05
AM ---------------------------

"Donald Cuthbertson" <donaldc@sports.com> on 06/07/2000 06:18:04 AM
Please respond to "Donald Cuthbertson" <donaldc@sports.com>
To: <Dave.Samuels@Enron.com>
cc:
Subject: Sports.Com co-branding.

Hello Dave
?
Kevin Arrix is currently having problems with his  e:mail at the moment so I
am contacting you directly with the latest revised  example of the Enron
co-branded page. I am doing the graphic work on the page so  if there are any
changes regarding the look -  you can contact me  directly.
?
Cheers,
?
Donald Cuthbertson.
?
Sports.Com (UK) ext 7684
?
?
 - Enron Example4.jpg


FYI,

Peter del Vecchio and his wife Nair are the proud parents of Dante Valentin
del Vecchio.  Dante's surprised early arrival was last night at 10:20 p.m. at
St. Luke's Hospital, weighing in at 4 pounds, 8 ounces and he is 17 inches
long.  Dad was out of town (on business in Canada) but, did make it to the
hospital in time (10:10 p.m.).  At this notice, everyone is doing well.

Carolyn George


I will call Jim and see if he has a list.  I would assume he does.
 -----Original Message-----
From: 	Brackett, Debbie R.
Sent:	Wednesday, November 14, 2001 3:32 PM
To:	Furey, Denise
Subject:	RE: Bond Requirement and Other Financial Guarantees

	Surety bonds are handled by Jim Bouillon's risk mgmt group. I'd start there.

	Let me know if I can help.

	Debbie

 -----Original Message-----
From: 	Furey, Denise
Sent:	Wednesday, November 14, 2001 3:23 PM
To:	Brackett, Debbie R.
Subject:	FW: Bond Requirement and Other Financial Guarantees

How would I get this info?
 -----Original Message-----
From: 	Steffes, James D.
Sent:	Wednesday, November 14, 2001 3:19 PM
To:	Ogenyi, Gloria; Furey, Denise; Fite, Rebecca
Cc:	Sharp, Vicki; Herndon, Rogers; Richter, Jeff; Wood, James M.
Subject:	Bond Requirement and Other Financial Guarantees

Denise --

Do you have a listing of all bonds that EES (and its affiliates) has in place for retail marketing, including wholesale ISOs? Speaking with Gloria, we don't keep this information in Govt Affairs.  Rebecca Fite keeps bond information required in the State licensing processing.  The place that I think that is missing is Wholesale Service providers (e.g., ISOs).

I think that we need to expand this idea of Bonding to "Financial Guarantees" including with Utilities, States, and Wholesale Service Providers.

Maybe the best way to start is to work backwards from EES active markets and determine what is needed in each locale?

Thanks,

Jim

 -----Original Message-----
From: 	Sharp, Vicki
Sent:	Wednesday, November 14, 2001 2:50 PM
To:	Herndon, Rogers; Wood, James M.; Smith, Mike; Keller, James
Cc:	Ogenyi, Gloria; Grisaffi, Mary; Steffes, James D.; Kingerski, Harry; Furey, Denise; Richter, Jeff
Subject:	Re: Bond Requirement

Please be sure to copy Jim Wood on all correspondence relating to bonds- from a product management standpoint, I think Jim needs to be aware of these issues as failure to maintain bonds will significantly impact our business. .  I still think that  we would want to have a single person responsible for reporting all potential situations that may cause a default /bad pr situation and  notify the EES office of the chairman  in a manner that would allow plenty of opportunity to cure ( i.e., before it is a crisis).  Gloria and Denise, will you take that on?

From:	Rogers Herndon/ENRON@enronXgate on 11/14/2001 02:44 PM
To:	Gloria Ogenyi/ENRON@enronXgate
cc:	Mary Grisaffi/ENRON@enronXgate, James D Steffes/ENRON@enronXgate, Harry Kingerski/ENRON@enronXgate, Denise Furey/ENRON@enronXgate, Jeff Richter/ENRON@enronXgate, Vicki Sharp/HOU/EES@EES
Subject:	Bond Requirement

Gloria -

Could you please help us gather the facts on what the $12 MM Surety Bond currently being requested (#6131506) is for - is this PG&E?.  Mary informed me that funds ($36,000) may not be available, is this correct?

It is my understanding that Credit, Services and Regulatory will be monitoring and processing bond requirements.  As such, I would like to know how this would impact EES' business and definitely want to be aware of any default situation prior to reading about it in the press.

Thanks,
Rogers


I thought you would enjoy this.  And I didn't make any comments about being
right about not going to a MEGA university.

---------------------- Forwarded by Kay Mann/Corp/Enron on 10/24/2000 05:53
PM ---------------------------

Paige Record <recordp@southwestern.edu> on 10/24/2000 04:22:58 PM
To: Kay.Mann@enron.com
cc:

Subject: Go Bucs

Hey. I just had a "Thank goodness I go to Southwestern" moment. I was
walking to get help from my professor for my test tomorrow (we ended up in
there for an hour and a half!), and I saw Dr. Parks, a business professor I
have had but do not have right now. He told me that he got a compliment on
me and my tour Friday by one of the prospective students' grandparent's.
Then I was walking upstairs, and I saw a professor I have not had a class
with since FRESHMAN year. She asked how I was, etc... And I told her I was
going to Dr. Early's office for help on Money and Banking. She asked how
the class was going, and I told her it's a ton of work, but it's do-able.
Then she said it's do-able for you, of course. You were always so good (or
something like that). I had her for SOCIOLOGY (not for my major or minor or
anything). So, I just got complimented nicely by two professors that I
don't even have a class with this semester, and then I got outside help for
an hour and a half. Yikes is this place ever awesome! I just thought I
would share.:)

Love,
PMR


i just wanted to let you know that i am not considering moving to the denver office.  i don't see myself in a marketing role at this point in my career.  although this year has been up and down, i am enjoying my role on the desk.  i think the opportunity that you have given me as a basis trader is too good to give up.  the denver opportunity was just under consideration as an opportuinity to move back to denver.  we can talk more about it if you would like on monday.

 -----Original Message-----
From: 	Grigsby, Mike
Sent:	Friday, September 28, 2001 1:13 PM
To:	Allen, Phillip K.; Bass, Eric; Bike, Anne; Ermis, Frank; Gay, Randall L.; Heu, Mog; Holst, Keith; Huang, Jason; Kuykendall, Tori; Lenhart, Matthew; Lisk, Daniel; Reitmeyer, Jay; Sanchez, Monique; Scott, Susan M.; Smith, Matt; South, Steven P.; Sullivan, Patti; Tholt, Jane M.; Tycholiz, Barry; Wolfe, Jason
Subject:	Monique Sanchez

As most of you know, Monique Sanchez has resigned and will be leaving Enron October 12.  Monique is moving to Salt Lake City with her fianc? and will be living in Deer Valley.  We congratulate Monique on her move and thank her for all of her contributions to the west desk.

We will plan a going away dinner for Monique before she leaves.

Mike


what is the date of the party


We have some new hires that are not listed but I assume that HR will handle their transfers.  Also, Christina Bangle and Jay Blaine are leaving the group prior to the transfer date.  Otherwise the list is complete.

Jess Hewitt
Director, Gas - Risk Management
ENRON ENERGY SERVICES
Ph:  (713) 853-9464
========================================

From: Stubblefield,Wade,/HOU/EES
To: Lotus Notes::Black,Don,/HOU/EES; Lotus Notes::Herndon,Rogers,/HOU/ECT; Lotus Notes::Hewitt,Jess,/HOU/EES; Lotus Notes::Bresnan,Neil,/HOU/EES; Lotus Notes::Jackson,Mark,/HOU/EES; Lotus Notes::Avs,Mallik,/HOU/EES; Lotus Notes::W Lewis,James,/HOU/EES; Lotus Notes::Lynne Ruffer,Mary,/HOU/EES; Lotus Notes::Hong,Neil,/HOU/EES; Lotus Notes::M Eggleston,Meredith,/HOU/EES; Lotus Notes::Mills,Scott,/HOU/EES
cc: Lotus Notes::Colwell,Wes,/Enron; Lotus Notes::Beck,Sally,/Enron; Lotus Notes::Bryant,Rachel,/HOU/EES; Lotus Notes::Massey,Rachel,/HOU/EES; Lotus Notes::Killen,Faith,/Enron; Lotus Notes::Apollo,Beth,/Enron
Subject: Transfers from EES
Date: 5/24/01 3:39 PM

Attached is the latest version of the cost center assignments for the transfers out of EES.  These transfers will be effective July 1, 2001 and I need to get this to HR by Friday, June 1, 2001 to give them time to get everything effected.

I think I have incorporated all your comments, but please review one more time and make sure we have not included anyone we shouldn't have or excluded anyone.  You'll note that at this point we are not forming East and West risk management cost centers.  Don and Rogers have decided for cost management purposes to leave it consolidated at this point.

Once you have signed off on your groupings, Rachel Massey in Corporate Planning will be working with each of you to forecast your Q3 and Q4 cost center expense plans.

Please let me know ASAP of any changes and don't hesitate to call with questions.

Thanks

Wade


Jeff Shankman

Thanks for your email. I am pleased to tell you that the book is available.

Kind Regards - Nick Higbee

Chichester Gallery
Art Books


Thanks.  BTW, the pager jab was aimed at you....:)

	Karen Denne
	07/10/2001 04:52 PM

		 To: Jeff Dasovich/NA/Enron@Enron
		 cc:
		 Subject: Re: Dunne Letter

You poor thing.  What you really meant to say was GET OFF MY BACK
PEOPLE!!!!!!!!!! I CAN'T WRITE WHEN YOU'RE ALL HOUNDING ME "WHERE IS IT?
WHERE IS IT?"   am I close? :-) kd

From: Jeff Dasovich on 07/10/2001 04:51 PM
Sent by: Jeff Dasovich
To: Richard Shapiro/NA/Enron@Enron, Susan J Mara/NA/Enron@ENRON, James D
Steffes/NA/Enron@Enron, mpalmer@enron.com, Karen Denne/Corp/Enron@ENRON,
Richard B Sanders/Enron@EnronXGate, Scott Govenar <sgovenar@govadv.com>
cc:

Subject: Dunne Letter

Folks.  I'm working on it, but it's going to require quite a bit of work.
Please chk your emails later this evening for the next draft.  I'll page
folks--those with pagers, that is--to notify when I've emailed it.  Scott,
please inform Hedy and Bev.

Best,
Jeff


I just sold David Scott 170 dth of TCO pool at $11.06 for the 22nd (deal
542442).  New Power will schedule this gas out of our pool.  Bottom line ,
this is Mikey gas which is different from Jeffy gas.


SCE's problem is that no one except Davis and Edison are for the bailout.  With respect to DA, only Burton's in the way.  So Davis and Edison have the world against; and DA only has Burton against it.  I'm at loss to determine which is worse off, which speaks to the craziness of the state of things.

Best,
Jeff

-----Original Message-----
From: Evelyn Kahl [mailto:EK@a-klaw.com]
Sent: Friday, September 28, 2001 12:19 PM
To: Dasovich, Jeff
Subject: RE: Draft Application for Rehearing

Jeff:

Things are not looking good for anyone (except that clever utility, PG&E).  When you say things aren't looking good, do you mean for DA or for SCE?

E

-----Original Message-----
From: Dasovich, Jeff [mailto:Jeff.Dasovich@ENRON.com]
Sent: Friday, September 28, 2001 10:06 AM
To: Evelyn Kahl
Subject: RE: Draft Application for Rehearing

No problem.  Thanks for the response.  I understand the need to keep powder dry.  Talked to Hertzberg this morning.  The 3rd extraordinary ain't sounding like it's going to be a winner.  Hope to talk soon.

Best,
Jeff

-----Original Message-----
From: Evelyn Kahl [mailto:EK@a-klaw.com]
Sent: Friday, September 28, 2001 11:50 AM
To: Dasovich, Jeff
Subject: RE: Draft Application for Rehearing

Jeff:

Sorry, I just got to dealing with this.  I assume it's being filed today, and I don't have client authority to support.  We could, however, file a response.

E

-----Original Message-----
From: Dasovich, Jeff [mailto:Jeff.Dasovich@ENRON.com]
Sent: Wednesday, September 26, 2001 2:34 PM
To: ek@a-klaw.com
Subject: FW: Draft Application for Rehearing

-----Original Message-----
From: Dasovich, Jeff
Sent: Wednesday, September 26, 2001 4:27 PM
To: 'eve@a-klaws.com'; ''Bill Dombrowski' '
Subject: FW: Draft Application for Rehearing

Greetings Eve and Bill:
This has been forwarded to Delainey and Dorothy.  It's originating with AreM.  Delainey's distributing to some, I'm distributing to others.  The Chamber's already agreed to join.  If we're to have any hope of a)m aintaining DA and b) eliminating any chance of a retroactive date, seems that we'll need as many folks signing on as possible.  Please see attached.  We hope that you can join.

All the best,
Jeff
-----Original Message-----
From: Dan Douglass [mailto:douglass@earthlink.net]
Sent: Sunday, September 23, 2001 12:08 AM
To: ARM; Gary Ackerman; Vicki Sandler; Anderson, Robert; Merilyn Ferrara; Max Bulk; John Yurkanin; Steve Huhman
Subject: Draft Application for Rehearing

Attached for your review and comment is a draft application for rehearing of the Commission's Thursday Decision 01-09-060 suspending the right of direct access.  Although we have prevailed (at least for now) on the issue ofr etroactivity, the decision still violates various provisions of state andf ederal law.  If any party wishes to preserve the right to legally challenge this decision, it must file an application for rehearing within ten days.  The attached draft is tentatively dated September 28, meaning that it would be filed next Friday.

The primary reasons cited for why rehearing should be granted are asf ollows:

The Decision violates procedural due process guarantees.

The failure to hold hearings violates Public Utilities Code section 1708.5(f).

 The Commission's reliance on material outside the record violates due process.

 The Decision violates the Commerce Clause of the United States Constitution.

 The threatened retroactivity is contrary to law and in excess of the Commission's authority.

 The Commission acted contrary to law and in excess of its authority.

 The Decision's purported findings are not supported.

The Commission has impermissibly converted a ratemaking proceeding into a quasi-legislative proceeding.

Although WPTF members have not had an opportunity to consider whether they wish to support such a filing, WPTF is included as a named party in the attached because of the fact that AReM and WPTF have jointly made numerous other filings in this proceeding.  WPTF members will need to determine if they wish to support this effort.

I look forward to seeing your comments.  Thanks, and have a gtoodw eekend!

Dan

Law Offices of Daniel W. Douglass
5959 Topanga Canyon Blvd.  Suite 244
Woodland Hills, CA 91367
Tel:   (818) 596-2201
Fax:  (818) 346-6502
douglass@energyattorney.com <mailto:douglass@energyattorney.com>

**********************************************************************
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cute girlfriends....   I'm in


Tracy---

The annuity was booked 2-9-01 and it liquidated 2-12-01.  The deal number is
519063.