Kay,

Ann Elizabeth did not provide a designated hitter for the South Dade Energy
Center (Dade Development Company LLC is Optionee, Certosa Holdings is
Optionor) nor did she provide one for tne Medley Dunn project.  I have been
told that the Dunns are considering backing off their ultimatums that they
gave Ann Elizabeth and I regarding taxes to the town and assumption of
enviromental liability.  Who do I talk to about the Dunn contract while Ann
Elizabeth is out?
 -----Original Message-----
From:  White, Ann Elizabeth
Sent: Tuesday, May 22, 2001 10:33 PM
To: gkrause@enron.com; Krimsky, Steven; Ben Jacoby/HOU/ECT@ENRON; Carnahan,
Kathleen
Cc: Milligan, Taffy
Subject: AEW's backup

Kay Mann is the designated hitter for the Pompano and Deerfied projects while
I'm on vacation.  I've given her a down load of the status of Greg and
Steve's projects.  Chris Boehler at A&K will be the designated hitter for
Midway.  I'm not going to check my voice mail while I'm gone but, if
necessary, here are the contact numbers while I'm gone.

Walter and Marlena Schilling  011-49-8218-89351 schilling.jun@freenet.de

Monika and Bernhard Steinacher 011-49-8232-8932 m.steinacher@schwabmuenchen.de

If you call, Walter and Bernhard and Bernhard's daughter, Susanne, speak very
good English.  Monika's isn't bad.  Marlena may get flustered and hang up on
you.

Best of luck at Deerfield and hope to see Pompano on track when I get back in
the office on June 11th.  Kay is planning on going to Florida on June 12 for
the moratorium hearing and the rezoning hearing.


No problem.  Mark

	James Derrick/ENRON@enronXgate
	02/23/2001 03:03 PM

		 To: Mark E Haedicke/HOU/ECT@ECT, Kristina Mordaunt/Enron
Communications@Enron Communications, Vicki Sharp/HOU/EES@EES
		 cc:
		 Subject: FW: Approval of Law Firm

Please let me know if you have any objection to Eric's request.  Thank you.
Jim

 -----Original Message-----
From:  Newell, Eric
Sent: Friday, February 23, 2001 1:32 PM
To: Derrick Jr., James
Subject: Approval of Law Firm

I am looking for some additional general corporate outside legal assistance
in the LA area (at a more reasonable rate than is charged by Milbank,
Tweed).  I have come into contact with two former Milbank lawyers who are now
at McDermott, Will & Emery.  We were impressed with their work in the past
and believe that they can provide us with prompt, reasonably priced, top
quality general corporate legal assistance.  McDermott has represented Enron
Trading Systems and EBS.  Is this an acceptable firm for me to hire?  Thanks,
Jim


Corrected summary


Start Date: 4/22/01; HourAhead hour: 14;  No ancillary schedules awarded.
Variances detected.
Variances detected in Energy Import/Export schedule.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042214.txt

---- Energy Import/Export Schedule ----
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 14 / Preferred:  12.00 / Final:  11.98)
  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/22/01
  TIE_POINT: PVERDE_5_DEVERS
  INTERCHG_ID: EPMI_CISO_ERNIE
  ENGY_TYPE: WHEEL

---- SC Trades Schedule ----
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/22/01
  TRADING_SC: CRLP
  PNT_OF_INTRC: SP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 1
  DEAL_NO: 1

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 14 / Preferred:  64.70 / Final:  64.67)
  TRANS_TYPE: FINAL
  LOAD_ID: PGE3
  MKT_TYPE: 2
  TRANS_DATE: 4/22/01
  SC_ID: EPMI


Start Date: 4/23/01; HourAhead hour: 4;  No ancillary schedules awarded.
Variances detected.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042304.txt

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 4 / Preferred:   4.68 / Final:   4.65)
  TRANS_TYPE: FINAL
  LOAD_ID: PGE2
  MKT_TYPE: 2
  TRANS_DATE: 4/23/01
  SC_ID: EPMI


Title: Mexico Energy Roundtable Summary Notes
URL: http://www20.cera.com/eprofile?u=35&m=2375

MEXICO ENERGY ROUNDTABLE, MEXICO CITY, APRIL 19, 2001

As part of the Mexico Energy Advisory Service, CERA presents summary notes
and presentations from the Mexico Energy Roundtable held on April 19, 2001.

This roundtable focused on Mexican Power Markets and the pending Electric
Power Legislation.

If you have comments on the structure or content of the Mexico Energy
Roundtable, please e-mail Lisa Pearl at: lpearl@cera.com

**end**

Follow above URL for PDF version of the Mexico Energy Roundtable Summary
Notes and complete Roundtable booklet.

E-mail Category: Generic Report
CERA Knowledge Area(s): Mexico Energy,

***********************************************************************
CERA's Spring 2001 Roundtable event dates and agendas are now available
at http://www20.cera.com/event
***********************************************************************

To make changes to your cera.com profile go to:
http://www20.cera.com/client/updateaccount

Forgot your username and password? Go to:
http://www20.cera.com/client/forgot

This electronic message and attachments, if any, contain information
from Cambridge Energy Research Associates, Inc. (CERA) which is
confidential and may be privileged. Unauthorized disclosure, copying,
distribution or use of the contents of this message or any attachments,
in whole or in part, is strictly prohibited.
Terms of Use: http://www20.cera.com/tos
Questions/Comments: webmaster@cera.com
Copyright 2001. Cambridge Energy Research Associates


Kay and Gregg,

Attached for your review are the revised (and redlines) of the (i) CA for
enovate empolyees; and (ii) Financial Services Agreement.

As for the CA, I have given it a term from the date of execution until
October 4, 2004.  It would be best for Peoples to provide their own form of
CA for the information they want to be subject to a confidentiality.;

As for the Financial Services Agreement, I have incorporated the duties of
the Managing Member from the LLC Agreement.  It is my understanding that
Gregg has requested assistance from Enron Tax to complete Paragraph 2(a) and
2(d) and will touch base with Travis regarding Paragraph 3 to identify the
nature of the expenses that would be incurred by Enron Corp.

These drafts are subject to Kay's review and approval, but we are one step
closer.

Please let me know your comments and I will incorporate accordingly.

Kathleen


Jim,

Do  you know who is representing Ben Glisan, Kristina Mordaunt, Anne Yaeger, and/or  Kathy Lynn?

Joe


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Stacey,

 The new deal, 158220, is missing 10,000 for day 1.  Please let me know when
you have this corrected.  Thanks

Thu
---------------------- Forwarded by Thu Nguyen/HOU/ECT on 03/06/2000 09:40 AM
---------------------------

Tina Valadez
03/03/2000 08:23 AM
To: Thu Nguyen/HOU/ECT@ECT
cc:
Subject: 1/2000 Lower Colorado River Vols

Could you let me know when you've had a chance to look at the LCRA volume?

Thank You,
Tina Valadez


Where is NPR on our dial in Houston?


Start Date: 4/16/01; HourAhead hour: 12;  No ancillary schedules awarded.
Variances detected.
Variances detected in SC Trades schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041612.txt

---- SC Trades Schedule ----
+++ Hour 12 - bad data from ISO.
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/16/01
  TRADING_SC: PGAE
  PNT_OF_INTRC: NP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 2
  DEAL_NO: 1


Dear All:
Sheila and I spent a weekend on the Frio River in August last summer and
really enjoyed it. The place we stayed was run down. We have upgraded this
year. The place we have chosen has 100 plus acres and four new and neat
cabins. 140 a night for three night minumum. we have rented one of the four
cabins for the weekend August 8 (thursday) to 11 (sunday). The other 3
cabins are available.

Go check out their web site at www.friobluffcabins.com

Anyone interested? Might be alot of fun if we booked up the place to cool
off in August.
FYI lots of fun tubing and shooting whitewings with your finger gun while
anticipating opening dove season around the corner.

e.

_________________________________________________________________
Join the world's largest e-mail service with MSN Hotmail.
http://www.hotmail.com


Attached is the only I have for Kachina.

 -----Original Message-----
From: 	Knippa, Mark
Sent:	Friday, December 21, 2001 12:34 PM
To:	Coffey Jr., Jim; Nemec, Gerald
Subject:	Kachina, Bisti and Bloomfield info

	Hey guys,
	I'm wondering if either of you can locate transaction diagrams for these projects.
	I can't locate any of the ECS working files (don't know what Hilgert did relative to
	the move).

	Let me know,
	mk


Congrats!!!!!  That is one good looking baby!!!!  Let us know when  we can
come over to check him out.

p.s.  i'm bringing brewski's over for rob!!


Check out the section under the heading Welcome.

---------------------- Forwarded by Kate Symes/PDX/ECT on 10/27/2000 08:11 AM
---------------------------

	From:  ENA Public Relations @ ENRON                           10/26/2000
09:00 PM

Sent by: Enron Announcements@ENRON
To: All_ENA_EGM_EIM
cc:

Subject: AmeriFlash

NOTE FROM THE EDITORS
The AmeriFlash Newsletter would like to keep you informed on global wholesale
news as well, so we have added business highlights from Enron's original
electronic newsletter, GlobalFlash, which was created by Enron Europe.

"What's on your Mind?"
If you have ideas or suggestions please forward them to Michelle Vitrella or
Kathie Grabstald.

FINAL DAY FOR THE PULSE

Today is the final day to provide feedback through the annual employee survey
-- The Pulse.  As of Thursday morning, 56.5% of the ENA/EGM/EIM employees
have taken part in the survey, which is an improvement from last year's
participation rate of 49%.  However, we are behind the company average and
most of the other business units.  Please take a few minutes today to provide
much needed and confidential comments regarding Enron and your work
environment.  The Pulse survey is located on the Enron intranet at
survey.enron.com.

If you like competition, here is how the ENA/EGM/EIM participation rate
stacks up against the other business units:

Enron Energy Services 96.88%
Enron Wind  89.96%
Enron India  89.47%
Net Works  77.78%
EE&CC   73.88%
NEPCO   64.37%
Enron South America 63.74%
Corporate Staff  63.52%
Company Average 61.10%
ENA/EGM/EIM  56.50%
Enron Broadband 55.89%
ETS (formerly GPG) 55.52%
Enron Europe  44.36%
APACHI  29.66%

Log on to survey.enron.com and make your opinions known.

BUSINESS HIGHLIGHTS

OIL PRODUCTS
Congratulations to the US Oil Products Trading Team!  On October 4, 2000 they
successfully completed a deal with a volume of 2,400,000 barrels with a
Notional Value of $80,640,000.  This is the highest Notional Value associated
with an EOL trade.

Kudos again for another great deal. They have done another large
crack-spread, this time for 100,000 barrels per month for calendar 2001. This
trade notionally values out at over $40 million and is the second largest
transaction conducted to date on EOL.

STEEL
Steel Trading and Origination teams, headed by Greg Hermans and Tim
Battaglia, respectively, have already defined a Hot-Rolled coil financial
product.  The contract has been drafted and is currently being discussed with
customers.

Financial Hot Rolled Steel will be posted on EnronOnline, allowing the steel
industry to hedge their price exposure for the first time in history. The
access to hedging products will help the steel industry manage technicalities
and smooth cash flow.  Over time, forward price curves with transparent
pricing should allow the steel industry to also benefit from improved access
to capital.

The next challenge will be to educate the steel industry about financial
swaps and derivatives as risk management tools.  The $300 billion steel
market should provide an excellent growth opportunity for Enron.

PRINCIPAL INVESTMENTS
FuelCell Energy, Inc. recently announced that it has entered into an alliance
with ENA.  FuelCell Energy and Enron will work together to develop and market
FuelCell Energy's Direct FuelCellc (DFCc) products.  In connection with the
alliance, Enron has invested $5 million in the common stock of FuelCell
Energy.  Additionally, FuelCell Energy will issue warrants enabling Enron to
purchase up to 1.3 million shares of FuelCell Energy common stock.

Fuel cell developer Dais-Analytic Corp. also announced an alliance with ENA.
As part of this alliance, Enron has made an equity investment in
Dais-Analytic and will support market development, distribution and other
field services for Dais-Analytic's fuel cell, humidity control and related
products.

ENA RESEARCH GROUP
What does the FX and Sovereign Risk Group within ENA,s Research Department
do?  We provide forecasts of foreign exchange rates as well as revenue and
cost escalators corporate wide for project valuation.  We advise the FX and
interest rate desks on Central Bank policies of the G3.  In addition, we
provide sovereign risk analysis on countries important to Enron's various
business units upon request, as well as provide services related to the
global macroeconomic outlook.  Our sovereign risk analysis is used in the
development of the E-ratings in cooperation with the Risk Assessment and
Control Group.  We have recently developed a presentation on &Fundamentals of
Non-ferrous Metals8 as well as one on "Sovereign Risk8.  We also advise the
fundamental analysis group within Enron Global Markets.

What,s new from the Country Risk and Foreign Exchange Team? On October 13th,
2000, we launched a new product called the Enron &International Monitor,8 an
international economic review that will be published each Friday by the FX
and Sovereign Risk Group.  The purpose of this product is to inform the
foreign exchange traders as well as management about important international
economic events and their impact on currency and financial markets.  Special
emphasis is placed on potential central bank policy changes and the impact
these changes have on interest rates and currencies.  We also monitor other
key markets, with a special focus on oil, and its impact on consumer,
producer and equity prices. The International Monitor can be found on the ENA,
s web site, by accessing
http//ecthou-webcl1.nt.ect.enron.com/research/ForeignExchange/FXMain.htm.

Please email Leann Walton if you would like to receive the International
Monitor weekly by email, or if you would like us to email you the first two
issues.  Visit our web site at http://home.ect.enron.com/ - Select
Departments / Research.  You will find also many useful links to other web
sites here relevant to Enron,s businesses.

NEWS FROM GLOBALFLASH

Enron Launches Financial Plastics & Petrochemicals Derivatives on EnronOnline
Enron is to start trading a new range of financial swap contracts for the
plastics and petrochemicals industry on www.enrononline.com, the company,s
free, real-time Internet-based trading platform. This is the first time that
these derivative products, designed to help clients better manage the price
volatility which characterises the multi-billion dollar industry, have been
made available on the Internet in Europe.

Gas Deliveries in Germany
Since 1 October 2000, Enron has been the first and only non-incumbent player
to be able to serve customers within Germany by delivering gas to three local
utilities, those of Heidelberg, T_bingen, and Bensheim.  Carsten Haack who
closed the first deal with Heidelberg and was in charge of negotiation of the
transport did mention that the procedures are still complicated and lengthy
and that the terms and conditions for future agreements will need to be
easier, more transparent and standardised. Helge-J_rgen Beil from the
Frankfurt office who closed the gas deals with the municipalities of T_bingen
and Bensheim said that these deliveries are encouraging but do not guarantee
the future yet.   Another positive aspect is that Enron's continental gas
trading team was able to do the first gas trade within Germany with some of
the gas Heidelberg contracted for but could not take on.

Liquid Fuels Group Launches Tanker Freight Forwards
Scott Moncrieff, a director in the group, has with his team introduced tanker
freight forward contracts on to EnronOnline, to offer a standardised hedging
contract in today's highly volatile tanker market, currently worth in excess
of US$ 10 billion per annum.

And on the Dry-Side......
Pierre Aury, Chris Connelly and their team introduced a similar on-line
forward freight swap in June and to date, have traded contracts with a
notional value of US$ 8 million, equivalent to 20 million metric tonnes of
combined physical and financial contracts.  The routes are  from Colombia and
South Africa to Rotterdam, which are key routes for coal transport.

WELCOME

Transferred Into ENA/EIM/EGM
ENA ) Johnny R. Palmer/Staffing Resources, Anna Briggs/Principal Investing,
Carol Coats/Human Resources
EGM ) Andrea Hauser/US-GP Products Trading

New Hires ENA/EIM/EGM
ENA ) David Jones/East Origination, Marnie Lamb/Merchant Finance, Mathew-Joy
Noveena/Tax, Reynaldo Romero/Gas Assets Oper Mgmt, Mary Symes/West
Origination-Portland
EGM ) Brad Lawson/Financial Operations, Sandeep Ramachandran/Weather Trading

IN THE NEWS

&Enron delivered very strong earnings growth again this quarter, further
demonstrating the leading market positions in each of our major businesses,8
said Kenneth L. Lay, chairman and CEO of Enron. &Our wholesale and retail
energy businesses have achieved record-setting levels of physical deliveries,
contract originations and profitability. We operate in some of the largest
and fastest growing markets in the world, and we are very optimistic about
the continued strong outlook for our company.8  --- from Enron's 3rd Quarter
Earnings Press Release

NUGGETS & NOTES

&I,m looking for some high velocity capital.8  -  Brian Redmond,
President/HPL, Managing Director/Assets/Upstream Origination-ENA

&Can I get this NOW?8 - Gary Hickerson, Managing Director/Equity Trading-EGM

"I like the innovative ways that Enron does things. They take a refreshing
approach to the stagnant steel industry." - Kevin O'Donnell, Director/Steel
Trading

CONTEST

The cut off date for The Name This Newsletter Contest is Friday, November 3.
Keep the ideas coming!

TEASER

In your cellar there are three light switches in the OFF position. Each
switch controls 1 of 3 light bulbs on the floor above.  You may move any of
the switches but you may only go upstairs to inspect the bulbs one time.  How
can you determine the switch for each bulb with one inspection? Please send
answers to michelle.vitrella@enron.com, the winner will receive AMC Movie
passes.


I don't know who I'm playing against... but here's my lineup.

I'm leaving for the weekend now.

QB BEUERLEIN CAR
RB JAMES  IND
RB SMITH  MINN
WR ROBINSON CHI
WR GONZALEZ KC
WR MATHIS ATL
K DENVER
D JACKSONVILLE

Gary T.


Start Date: 4/6/01; HourAhead hour: 17;  No ancillary schedules awarded.
Variances detected.
Variances detected in Generation schedule.
Variances detected in Energy Import/Export schedule.
Variances detected in SC Trades schedule.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001040617.txt

---- Generation Schedule ----
$$$ Variance found in table tblGEN_SCHEDULE.
     Details: (Hour: 17 / Preferred:  13.00 / Final:  12.00)
  TRANS_TYPE: FINAL
  SC_ID: Wheelabrat
  MKT_TYPE: 2
  TRANS_DATE: 4/6/01
  UNIT_ID: MARTEL_2_AMFOR

---- Energy Import/Export Schedule ----
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 17 / Preferred:  12.00 / Final:  11.98)
  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/6/01
  TIE_POINT: PVERDE_5_DEVERS
  INTERCHG_ID: EPMI_CISO_SCOUT
  ENGY_TYPE: WHEEL

---- SC Trades Schedule ----
$$$ Variance found in table tblInt_Interchange.
     Details: (Hour: 17 / Preferred: 871.00 / Final: 850.00)
  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/6/01
  TRADING_SC: APX1
  PNT_OF_INTRC: NP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 2
  DEAL_NO: 1
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/6/01
  TRADING_SC: PGAE
  PNT_OF_INTRC: NP15
  SCHED_TYPE: ENGY
  PURCH_SALE: 2
  DEAL_NO: 1
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: EPMI
  MKT_TYPE: 2
  TRANS_DATE: 4/6/01
  TRADING_SC: PGAE
  PNT_OF_INTRC: ZP26
  SCHED_TYPE: ENGY
  PURCH_SALE: 2
  DEAL_NO: 1

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 17 / Preferred:   6.61 / Final:   5.37)
  TRANS_TYPE: FINAL
  LOAD_ID: SCE1
  MKT_TYPE: 2
  TRANS_DATE: 4/6/01
  SC_ID: EPMI


Then sign in

 -----Original Message-----
From: 	Dorland, Dan
Sent:	Friday, December 14, 2001 7:59 AM
To:	Dorland, Chris
Subject:	RE: Energy Companies Hit by Investor Fears of Illiquidity

am not

 -----Original Message-----
From: 	Dorland, Chris
Sent:	Friday, December 14, 2001 9:58 AM
To:	Dorland, Dan
Subject:	RE: Energy Companies Hit by Investor Fears of Illiquidity

Dan Dorland - Affraid of his brother's IM furry

 -----Original Message-----
From: 	Dorland, Dan
Sent:	Friday, December 14, 2001 6:36 AM
To:	Ellis, Dave; Wilson, Jan; Devries, Paul; Borg, Jeff; Goddard, Paul; Burnham, Steven; Dorland, Chris; Tripp, Garrett; Gaffney, Chris
Subject:	Energy Companies Hit by Investor Fears of Illiquidity

 << File: Energy Companies Hit By Investor Fears of Illiquidity.pdf >>


FYI ---I entered the changes for Tenaska IV & Brazos for the 6th & 7th....I
made the changes to the Brazos ticket #458433, and the Tenaska IV ticket
#384258, let me know if you have any questions or if a wrong ticket was
changed.    Spreadsheet is updated.

Brazos called for the following:

6th 27,966
7th 19,735

Still waiting to hear when the plant will be back up.

Thanks,
Mark


Start Date: 2/4/02; HourAhead hour: 11;  HourAhead schedule download failed. Manual intervention required.


Enron in Action can be accessed through the new Community Relations web site at http://cr.enron.com/eia.html .  In this week's issue you will find out information regarding:

Enron Happenings
Enron's Operation Hope: Reclaiming Our Future One Step at a Time
Juvenile Diabetes Research Foundation "Walk to Cure Diabetes"
Quality of Life Coalition - Houston
American Heart Association "Heart Walk"
Museum of Fine Arts 2001 - 2002 Membership Drive

Enron Volunteer Opportunities
Assemble Care Packages for New York Firefighters
Sunshine Kids at Astroworld!
Justice for Children
Assist PSI HomeSavers with Home Repair
MD Anderson Cancer Center - Children's Art Project

Enron Wellness
2001 - 2002 Flu Immunization Program
Help us help others. Call and schedule a massage today!
Join The Downtown Club at The Met

Involved Employees
Rice University Young Alumni Halloween Monster Bash
Par "Fore" Pets Golf Tournament

In addition, Enron in Action is available through a channel on my.home.enron.com.  To add this channel to your set-up click on the channels link at the top of the screen and under announcements check the Enron in Action box.

If you wish to add an announcement to Enron in Action, please fill out the attached form below and submit it to mailto:eia@enron.com no later than 12 PM Thursday each week.


---------------------- Forwarded by Eric Boyt/Corp/Enron on 03/16/2001 12:02
PM ---------------------------

Errol McLaughlin
03/16/2001 12:02 PM
To: Eric Boyt/Corp/Enron@Enron
cc:

Subject: Neumin Production Minibook

Thanks,

Errol, X5-8274


Everything is correct except from my location - 3234B.
Let me know if you need anything else.

Thanks,

Kevin


-----Original Message-----
From: 	Lawner, Leslie
Sent:	Wednesday, September 19, 2001 10:56 AM
To:	Cantrell, Rebecca W.; Tholt, Jane M.; Fulton, Donna
Subject:	El Paso

Please review, and if okay with you, we can circulate to larger audience.  Becky, what date would this be due?


Another wrinkle in the El Paso/CPUC Complaint case.  I've also attached a copy of the El Paso Merchant answer to the FERC enforcement staff motion in case you're interested.

NGI's Daily Gas Price Index
published : November 2, 2001
El Paso Seeks to Derail Further Market Power Investigation
The motion by the enforcement staff of the Federal Energy Regulatory Commission for a "more complete investigation" of unused capacity on the system of El Paso Natural Gas is "an abuse of process," the pipeline and its merchant energy affiliate claimed Thursday, since it comes after the case has been fully litigated.
In filing a motion to strike the enforcement staff's request for the investigation, El Paso Natural Gas and El Paso Merchant Energy said the staff motion is a violation of their due process rights, since an initial decision in the case was issued three weeks ago (see Daily GPI, Oct. 10 <http://intelligencepress.com/subscribers/daily/news/d20011010c.html>). At that time Chief Administrative Law Judge Curtis Wagner Jr. recommended the dismissal of charges that El Paso and its affiliate exercised market power to drive up prices for gas transported to the border beginning in mid-2000 [RP00-241]. The judge had concluded that the complainants in the case failed to carry their burden of proof that the El Paso companies exercised market power by withholding capacity from the market.
After the parties file briefs on the ALJ's decision, all that remains is a vote by the commissioners, the El Paso companies pointed out.
The investigation sought by the Market Oversight and Enforcement Section (MOE) of the Office of General Counsel "seeks to improperly shift the burden of proof by requiring El Paso and Merchant Energy to prove that they did not withhold capacity. This argument turns the Commission's adjudicatory procedures -- and its procedural safeguards -- on their head," the companies said.
"MOE is attempting to inappropriately influence the decision-making process in this already high profile case," putting the integrity of FERC's adjudicatory process in jeopardy. "The rules under which the complaint is to be judged have become a moving target, El Paso's and Merchant Energy's due process rights and reputation have been harmed, and they have been put in the untenable position of now trying to prove a negative. MOE's improper comments should be disregarded and stricken from the record in this proceeding," the companies said.
MOE said the issue it was raising -- whether El Paso made its unused capacity available to shippers on an IT basis, as required by FERC's open-access rule -- was neither the focus of the hearing last summer nor Wagner's initial decision (see Daily GPI, Nov. 1) <http://intelligencepress.com/subscribers/daily/news/d20011101d.html>..
MOE said its review of the public portion of the hearing record suggests that El Paso may have committed "potential violations" of FERC's Part 284 open-access regulations by withholding IT capacity in an attempt to keep prices up at the California border, but it said there may be "other potential explanations" for the existence of unused capacity on the pipeline. "We recommend a more complete investigation of the reasons why capacity went unused on the pipeline at times during the period [of] November 2000 through March 2001." MOE conceded its motion was an "unusual" move.
It suggested that the Commission either direct MOE to conduct a further probe, remand the decision to Judge Wagner for consideration or use other procedures. Although "this step is unusual, it is not unprecedented for the Commission's enforcement staff to inform the Commission of its views regarding potential violations concerning a pending proceeding," MOE said.
El Paso pointed to a statement by the judge to back up its claim that parties in the proceeding had agreed that the pipeline was full from November through March.

Here is a copy of the El Paso Merchant Energy response summarized above.  They used some pretty strong language!!

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

From:  <rrich@bracepatt.com>
To: Cantrell, Rebecca W. </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Bcantre>
Date: Thursday, November 1, 2001 10:33:33 GMT
Subject:

EPNG/EPME's response


Hello!

I updated our 2000 Goals and Objectives to include items that we discussed in
this week's staff meeting.  Please use this list when you build your own
individual goals for your performance review.

Of course, your list should include items specific to your desk, but we will
all have to work together to accomplish our team goals.  I envision that we
may establish a responsible person/persons for each of the team goals so that
can "divide and conquer."

Thanks again for all of your effort this year, and I look forward to an even
better Year 2000!

Thanks,
Carrie


a little light yesterday?
---------------------- Forwarded by Jeffrey A Shankman/HOU/ECT on 11/14/2000
06:23 PM ---------------------------

Leonardo Pacheco@ENRON
11/14/2000 05:54 PM
To: Kenneth Lay/Corp/Enron@Enron, Jeff Skilling/Corp/Enron@ENRON, Cliff
Baxter/HOU/ECT@ECT, Mike McConnell/HOU/ECT@ECT, Jay
Fitzgerald/Corp/Enron@ENRON, Mark Palmer/Corp/Enron@ENRON, John
Sherriff/LON/ECT@ECT, Greg Whalley/HOU/ECT@ECT, Jeffrey A
Shankman/HOU/ECT@ECT, Kimberly Hillis/HOU/ECT@ect, Daniel Reck/HOU/ECT@ECT,
Tim Belden/HOU/ECT@ECT, Thor Lien/OSL/ECT@ECT, Douglas S
Friedman/HOU/ECT@ECT, Bob Crane/HOU/ECT@ECT, Joe Gold/LON/ECT@ECT, Richard
Lewis/LON/ECT@ECT, John L Nowlan/HOU/ECT@ECT, Paul
Quilkey/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mark E Haedicke/HOU/ECT@ECT,
Dave Samuels/HOU/ECT@ECT, Rahil Jafry/HOU/ECT@ECT, Louise
Kitchen/HOU/ECT@ECT, Bob Shults/HOU/ECT@ECT, Amita Gosalia/LON/ECT@ECT,
George McClellan/HOU/ECT@ECT, Sally Beck/HOU/ECT@ECT, Jim Fallon/Enron
Communications@Enron Communications, Jeffrey McMahon/HOU/ECT@ECT, Joseph P
Hirl/AP/ENRON@ENRON, William S Bradford/HOU/ECT@ECT, Mark
Frevert/NA/Enron@Enron, Paula Rieker/Corp/Enron@ENRON, Cedric
Burgher/Corp/Enron@ENRON, Mark Koenig/Corp/Enron@ENRON, Kathryn
Corbally/Corp/Enron@ENRON, michael.r.brown@enron.com, Allan
Sommer/Corp/Enron@Enron, Philippe A Bibi/HOU/ECT@ECT, Steven J
Kean/NA/Enron@Enron, Bruce Garner/LON/ECT@ECT, Mark Pickering/LON/ECT@ECT,
Paul Goddard/EU/Enron@Enron
cc: David Forster/Corp/Enron@Enron, Sheri Thomas/HOU/ECT@ECT, Kal
Shah/HOU/ECT@ECT, Andy Zipper/Corp/Enron@Enron, Savita
Puthigai/NA/Enron@Enron, Liz M Taylor/HOU/ECT@ECT, Jennifer
Thome/NA/Enron@Enron, Michael Bridges/NA/Enron@ENRON
Subject: EnronOnline Executive Summary for November 13, 2000

Following please find the Daily EnronOnline Executive Summary.

EnronOnline Executive Summary for 11/13/00
Transaction Summary
External Transactions Today	3,797
Average Daily External Transactions (30 day Trailing Avg)	3,280
Total Life to Date Transactions	431,065

EnronOnline Daily % of Entity's Total Transactions for 11/13/00	Trans	Percent
Enron North America	3,273	75%
Enron Europe Limited	172	33%
Global Products	106	28%
Enron Metals	246	9%

EnronOnline Percentage of Total Corporate Transactions
(30 day Trailing Avg)	48%

Gross Notional Value of EnronOnline Transactions	Total
Today	2,594,004,524
MTD	24,577,158,140
LTD	238,008,842,818
Average Daily Notional Value (30 Day Trailing Avg)	2,247,564,889

Notional Revenue from Physical Flows to Date	16,442,818,994

Counterparties, Users, and Products Offered
Counterparties having transacted to date	558
New Counterparties transacting for the first time today	1
Number of Products Offered Today	1,223
Total Number of External Users Logged on Today	2,732
Average # of External Users logged on (30 day Trailing Avg)	2,714


You are cordially invited to attend an overview session provided by the ENA
Human Resource department regarding the Performance Evaluation Process
(PEP).  Employees who have not attended any previous PEP training or new
managers are strongly encouraged to attend this session.  However, all are
invited to attend.

What:   Overview of the Performance Evaluation Process
When:  Monday, October 30, 2000
   12:00-1:30 p.m. or 3:00 - 4:30 p.m.
   OR
   Tuesday, October 31, 2000
   10:00-11:30 a.m. or 12:00-1:30 p.m.
Where:  Doubletree (next to 2 Allen Center),  De Zavala Conference Room
Available seating: 50  per session
Bring your lunch. Drinks  and cookies will be provided.
If you are unable to attend, there will be a Technical and a Process guide
available through the web base site http://pep.corp.enron.com.  Also, there
is a PEP Help Desk hotline of (713)853-4777 option 4 should you have any
questions during the evaluation process.


Thomas,

Ben and I had a meeting with Don on Tuesday. Please see below for the summary
of meeting:

ENA would sell to an IPP (AES or Calpine) a combination of EES short position
and peaking turbines.

ENA would generate profit from;
 1. spread between buying power from the IPP and selling it to EES at premium
- will be very thin
 2. having a call option on the peaking plant for the portion of excess
capacity of the plant
 3. fees from EES or/and IPP for providing/arranging capacity/off-taker
 4. better project financing by leveraging up more and having lower debt
cost, which would be possible by having off-taker (EES) - Not quite sure yet.

Next steps/Assumptions;
 1. Assume equity IRR of 12% after tax
 2. Match assets to EES load curve
 3. Dispatch assets into market when not to meet load @ENA curve ("RevenueM")
 4. Calculate transfer price to meet load ("RevenueL") to meet equity return
objectives of 12%
 5. Compare "RevenueL" to EES's market position
 6. Find Scaler value (option value from volatility)
 7. Calculate book earning for bid package
 --> We try to have work of 1 to 4 done by Thursday (2/24). Next meeting with
Don is scheduled on Thursday.

Regarding our starting point of NY East, EES has short position ranging from
0 MW to 126 MW in NY East region for next 11 years. I attached Excel file
which shows an analysis of NY East including load graph.

To read EES data correctly, see the below definition.
 - WD: weekdays, WE: weekends.
 - Each 4 hour block number shows average load for 4 hour block, so actual
peak load is higher than that.

Idea of sharing data with East Coast Power: Don does not mind if we
distribute EES data internally within Enron, but he does not want data to go
to Elpaso. He does not know Brad Alford.

Jinsung
(Ext: 37330)


-----Original Message-----
From: Appling, Mike [mailto:mappling@chematch.com]
Sent: Friday, September 28, 2001 7:28 AM
To: Arthur Carpentier (E-mail); Brett Treadwell (E-mail); Brian Cannell
(E-mail); David Zaozirny (E-mail); George Appling (E-mail); Jeff Sproull
(E-mail); Jeff Thomas (E-mail); Jeff Todes (E-mail); Jerry Jernigan
(E-mail); Morris, Jesse; John Carr (E-mail); Kelly Boston (E-mail);
Kevin Baros (E-mail); Kregg Lunsford (E-mail); Kristi Bishop (E-mail);
Whitt, Mark; Simon Palmer (E-mail); Steven Jernigan (E-mail); Steven
Wolf (E-mail); Steven. B. Brown (E-mail); Todd Quattlebaum (E-mail 2);
Wade Pursell (E-mail); Wade Sanders (E-mail); William evans (E-mail)
Subject: FW: We need your help

> >    <wfoehl@mediaone.net>, <govandy@mindspring.com>
> >Subject: We need your help
> >
> >We must be Patriotic in these times, please spread the word...
> >
> >Help others do their DUTY.
> >
> >09/26/01
> >          This just in from the Associated Press:
> >
> >The President has asked that we unite for a  common cause.  Since the
hard
> >line Islamic people can not stand nudity, and consider it a sin to see a
> >naked woman that is not their wife, tonight at 7:00, all women should run
out
> >of their house naked to help weed out the terrorists.
> >The United States appreciates your efforts, and applauds you.
> >
> >
> >God bless America.
>
>


---------------------- Forwarded by Paul Drexelius/CES/ColumbiaGas on
12/27/2000 02:46 PM ---------------------------

Marianne Stiles
12/27/99 02:43 PM

To: Morgan Sharifi/CES/ColumbiaGas@ColumbiaGas
cc: Noel Bartlo/CES/ColumbiaGas@ColumbiaGas, Paul
Drexelius/CES/ColumbiaGas@ColumbiaGas, Brian
Perrone/CES/ColumbiaGas@ColumbiaGas, Frank Kronz/CES/ColumbiaGas@ColumbiaGas
Subject: Final - CNG to EOG January 2000 deliveries (Revised)

This is slightly revised.

EOG - I will not need any CNG gas for East Ohio.  I will be using most of the
Sempra (5000 dth per day ) gas 4771 dth for my FRPS pool #11344 and 33 dth for
my GRPS pool #10478.    This will leave 196 dth of the Sempra gas for you to
sell.    Please let me know to whom we are selling that to as soon as possible
as I need to release the gate space.

Please let me know if you need any additional info.    Thanks.


around 8.  i was too dead to get up.  i will get it today.  his buddy adam
got arrested that night for public intoxication.


---------------------- Forwarded by Darron C Giron/HOU/ECT on 02/09/2001
02:06 PM ---------------------------

Dawn C Kenne
02/09/2001 12:45 PM
To: krlsmom@hotmail.com, PMDESMAR@earthlink.net, maxnbev@wesnet.com (Max
Fledderjohann), "garynkay" <GARYWGARRETT@email.msn.com>, Darron C
Giron/HOU/ECT@ECT, kristi.giron@cfisd.net, HeightsHappy@aol.com @ ENRON, "B.
Kenne" <yona_edoda@yahoo.com> @ ENRON
cc:
Subject: FW: Golf joke

---------------------- Forwarded by Dawn C Kenne/HOU/ECT on 02/09/2001 12:48
PM ---------------------------

"Bythewood, Richard" <rbythewood@txi.com> on 02/09/2001 12:27:27 PM
To: "'Dawn Wilson'" <Dawn.C.Kenne@enron.com>, "'Gary Wilson'"
<gary.wilson@oracle.com>, "'John Everett'"  <john_b_everett@email.mobil.com>,
"'Kristin and Darrell Herbel'"  <KUAlums@aol.com>, "'Mike'"
<mike@bythewood.com>, "'Shelly'"  <rbwood@ix.netcom.com>,
"'mbythewood@scholtzskys.com'"  <mbythewood@scholtzskys.com>
cc:

Subject: FW: Golf joke

A husband and wife want to take golf lessons from a pro at a local country
club. The man and woman meet the pro and head onto the driving range. The
man goes up to hit first. He swings and hits the ball 100 yards. The golf
pro says not bad. Golfpro: "Now hold the club as firm as you hold your
wife's breasts". The man follows instructions and hits the ball 300 yards.
The golf pro says "Excellent!" Now the woman takes her turn. Her ball goes
30 yards. Golfpro: "Not bad, try holding the club like you hold your
husbands penis." She swings and the ball goes 10 yards. Golfpro: "Not bad,
but now try taking the club out of your mouth and hit the ball."


Alert Posted: 1:50 PM November 18, 2000 (REVISED) Demand Mismatch Order Notice
Effective Monday, November 20, 2000 at 10:00 a.m., and until further notice,
AGLC is issuing a demand mismatch order for the following primary pools. This
notice is revised to include the Ex- Atlanta Group.
ATLANTA, EX-ATLANTA,  MACON, AUGUSTA , and ROME
Based on the current supply levels and expected demand levels, AGLC's system
cannot manage the potential excess demand and the operational integrity of
the system will be threatened. Therefore, it is essential that your
interruptible customer's demand does not exceed the scheduled supply for your
interruptible market for each primary pool under the demand mismatch order.
Each shipper/pooler/marketer is responsible for contacting their
interruptible customers to curtail demand if necessary to meet this order.
Marketers/Poolers are responsible for maintaining interruptible customer
contact information. Any customer contact information in GOS is for AGLC
internal use and is not intended to be marketers/poolers point of contact for
curtailments.


Ava has received several RSVP's for the meeting, but the hotel has not received many calls for rooms.  Ava is trying to determine if the rooms still need to be blocked-out.  She will call the customers for us if we would provide the phone #'s to her.

Could you please fill in the phone #'s for your accounts and forward to Ava Garcia?

Thanks!

 -----Original Message-----
From: 	Garcia, Ava
Sent:	Friday, October 19, 2001 9:45 AM
To:	Donoho, Lindy
Subject:	ASAP


Interesting.
---------------------- Forwarded by Peter Keohane/CAL/ECT on 08/18/2000 08:14
AM ---------------------------

Enron Europe Office of the Chairman
08/18/2000 05:44 AM
Please respond to Enron Europe Office of the Chairman
Sent by: Enron Europe General Announcement
To: Enron Legal, Enron Executive Committee, ECT Europe, Enron VPs and MDs 1,
Enron VPs and MDs 2
cc:
Subject: Organisational Announcement

We are pleased to announce that we have appointed Michael Brown as Chief
Operating Officer of Enron Europe.

Michael joined Enron,s London legal department in 1995 and has played a key
role in the success of many of our large commercial ventures since then.  In
July 1999, he was made Enron Europe,s General Counsel.  Replacing Michael in
the General Counsel role will be Mark Evans who joined our legal department
in 1995.

Please join us in congratulating Michael and Mark in their new roles.


Maria Smith
Chattanooga, TN 37415
muhreuh@yahoo.com

To Mr. Ken Lay,

I'm writing to urge you to donate the millions of dollars you made from selling Enron stock before the company declared bankruptcy to funds, such as Enron Employee Transition Fund and REACH, that benefit the company's employees, who lost their retirement savings, and provide relief to low-income consumers in California, who can't afford to pay their energy bills.  Enron and you made millions out of the pocketbooks of California consumers and from the efforts of your employees.

Indeed, while you netted well over a $100 million, many of Enron's employees were financially devastated when the company declared bankruptcy and their retirement plans were wiped out.  And Enron made an astronomical profit during the California energy crisis last year.  As a result, there are thousands of consumers who are unable to pay their basic energy bills and the largest utility in the state is bankrupt.

The New York Times reported that you sold $101 million worth of Enron stock while aggressively urging the company's employees to keep buying it.  Please donate this money to the funds set up to help repair the lives of those Americans hurt by Enron's underhanded dealings.

Sincerely,

Maria Smith


Morris, Angela would like to recall the message, "Lite Bytz RSVP".


not a chance. the're probably dusting the letter for prints right now.

 -----Original Message-----
From: 	"Knock, John" <John.Knock@ElPaso.com>@ENRON
Sent:	Tuesday, October 23, 2001 11:55 AM
To:	Quenet, Joe
Subject:	RE:

LMAO!!!!!!

That is freakin' GREAT!!!!!!

I am rolling!!!!!!!!!!

Did he ever answer that??????

-----Original Message-----
From: Quenet, Joe [mailto:Joe.Quenet@ENRON.com]
Sent: Tuesday, October 23, 2001 11:39 AM
To: Knock, John
Subject:

we just held an all employee meeting over at the hyatt. After ken lay
spoke they held a question and answer session. the moderator read the
first written question from the crowd.    " are you on crack ?".   the
place went nut's.....lay didn't look to happy and deferred that question
till the end.   I swear this happened.

**********************************************************************
This e-mail is the property of Enron Corp. and/or its relevant affiliate and
may contain confidential and privileged material for the sole use of the
intended recipient (s). Any review, use, distribution or disclosure by
others is strictly prohibited. If you are not the intended recipient (or
authorized to receive for the recipient), please contact the sender or reply
to Enron Corp. at enron.messaging.administration@enron.com and delete all
copies of the message. This e-mail (and any attachments hereto) are not
intended to be an offer (or an acceptance) and do not create or evidence a
binding and enforceable contract between Enron Corp. (or any of its
affiliates) and the intended recipient or any other party, and may not be
relied on by anyone as the basis of a contract by estoppel or otherwise.
Thank you.
**********************************************************************

******************************************************************
This email and any files transmitted with it from the ElPaso
Corporation are confidential and intended solely for the
use of the individual or entity to whom they are addressed.
If you have received this email in error please notify the
sender.
******************************************************************


see below

Dinner was great.
                                                                                ................................................

ALSCHULER GROSSMAN STEIN & KAHAN LLP
ATTORNEYS AT LAW
www.agsk.com

2049 Century Park East
Thirty-Ninth Floor
Los Angeles, CA 90067-3213
Tel 310-277-1226
Fax 310-552-6077

This transmission is intended only for the use
of the addressee and may contain information
that is privileged, confidential and exempt from
disclosure under applicable law. If you are not
the intended recipient, or the employee or agent
responsible for delivering the message to the
intended recipient, you are hereby notified that
any dissemination, distribution or copying of
this communication is strictly prohibited.

If you have received this communication
in error, please notify us immediately
via e-mail at postmaster@agsk.com or
by telephone at 310-277-1226. Thank you.

...............................................
 - NSM522CF.TXT


Please look into this and give Shelley a call back

 -----Original Message-----
From: 	Corman, Shelley
Sent:	Friday, October 26, 2001 8:05 AM
To:	Corporate Security
Cc:	Kean, Steven J.
Subject:	Security Concern

With heightened security concern in the building this morning, I wanted to report two items:

1. When I parked in the Allen Center Garage this morning, level 7 yellow section (at the top of the stairs from the Enron building, just under the covered area), I noticed a large brown/copper truck.  I park my blue explorer in this same spot every day and I have never seen this truck before.  It's probably nothing, just wanted to report it.

2. When I reached my desk this morning I wanted to call in this concern.  I pulled up the corporate security number listed on the website 713-435-2804.  The woman that answered the phone was rude and said that the number wasn't corporate security, but rather building security -- she laughed and didn't seem remotely interested in my concern.  Perhaps, I misunderstood the website posting about who to call with security concerns.  But, if I did, perhaps other employees will as well....


---------------------- Forwarded by Jeff Dasovich/SFO/EES on 09/13/2000 06:18
PM ---------------------------

"Julee Malinowski-Ball" <jmball@ns.net> on 09/13/2000 06:10:16 PM
Please respond to "Julee Malinowski-Ball" <jmball@ns.net>
To: "Baker Carolyn (E-mail)" <cabaker@duke-energy.com>, "Bill Carlson
(E-mail)" <william_carlson@wastemanagement.com>, "Bill Woods (E-mail)"
<billw@calpine.com>, "Curt Hatton (E-mail)" <curt.hatton@gen.pge.com>,
"Curtis Kebler (E-mail)" <curtis_l_kebler@reliantenergy.com>, "David Keane
(E-mail)" <dnke@dynegy.com>, "David Parquet (E-mail)"
<dparque@ect.enron.com>, "Duane Nelsen (E-mail)" <duanenelsen@msn.com>, "Ed
Tomeo (E-mail)" <ed.tomeo@uaecorp.com>, "Edward Maddox (E-mail)"
<emaddox@seawestwindpower.com>, "Eileen Kock (E-mail)" <eileenk@calpine.com>,
"Ellery Bob (E-mail)" <bellery@spi-ind.com>, "Escalante Bob (E-mail)"
<riobravogm@aol.com>, "Frank DeRosa (E-mail)"
<fderosa@sanfrancisco.usgen.com>, "Greg Blue (E-mail)" <gtbl@dynegy.com>,
"Hap Boyd (E-mail)" <rboyd@enron.com>, "Jack Pigott (E-mail)"
<jackp@calpine.com>, "Jan Smunty-Jones (E-mail)" <smutny@iepa.com>, "Jim
Willey (E-mail)" <elliottsa@earthlink.net>, "Joe Greco (E-mail)"
<joe.greco@uaecorp.com>, "Joe Ronan (E-mail)" <joer@calpine.com>, "John Stout
(E-mail)" <john_h_stout@reliantenergy.com>, "Jonathan Weisgall (E-mail)"
<jweisgall@aol.com>, "Katie Kaplan (E-mail)" <kaplan@iepa.com>, "Kent Fickett
(E-mail)" <kfickett@usgen.com>, "Lynn Lednicky (E-mail)" <lale@dynegy.com>,
"Marty McFadden (E-mail)" <marty_mcfadden@ogden-energy.com>, "Paula Soos
(E-mail)" <paula_soos@ogden-energy.com>, "Robert Lamkin (E-mail)"
<rllamkin@seiworldwide.com>, "Roger Pelote (E-mail)"
<rpelote@energy.twc.com>, "Steve Ponder (E-mail)" <steve_ponder@fpl.com>,
"Steven Kelly (E-mail)" <steven@iepa.com>, "Sue Mara (E-mail)"
<smara@enron.com>, "Tony Wetzel (E-mail)" <twetzel@thermoecotek.com>, "Trond
Aschehoug (E-mail)" <taschehoug@thermoecotek.com>, "William Hall (E-mail)"
<wfhall2@duke-energy.com>, "Richard Hyde (E-mail)" <rwhyde@duke-energy.com>,
"Sandi McCubbin (E-mail)" <smccubbi@ees.enron.com>, "Stephanie Newell
(E-mail)" <stephanie-newell@reliantenergy.com>, "Jeff Dasovich (E-mail)"
<jdasovic@enron.com>
cc: "Karen Edson" <kedson@ns.net>
Subject: Two Governor's Press Releases

GOVERNOR DAVIS PRESSES FERC FOR ACTION ON WHOLESALE POWER RATES: Calls on
Federal Regulators to Reduce Prices, Issue Refunds

GOVERNOR DAVIS NAMES KAHN CHAIR OF THE GOVERNOR'S CLEAN ENERGY GREEN TEAM

OFFICE OF THE GOVERNOR
----------------------------------------------------------------------------
----
PR00:238
FOR IMMEDIATE RELEASE
September 12, 2000

GOVERNOR DAVIS PRESSES FERC FOR ACTION ON WHOLESALE POWER RATES
Calls on Federal Regulators to Reduce Prices, Issue Refunds

SAN DIEGO - At a Federal Energy Regulatory Commission (FERC) hearing today
in San Diego, Governor Gray Davis reiterated his call to federal regulators
to intervene "to the fullest extent possible" to lower electricity prices in
California.

"FERC bears responsibility to ensure that a workably competitive market
exists before California consumers and California's economy are subjected to
unconstrained, market-based electricity prices," said Governor Davis in a
statement read by Energy Oversight Board Chairman Michael Kahn.
"Consequently, I renew my prior request that the Commission act with utmost
speed to intervene to the fullest extent possible to restore wholesale
prices to fair levels and to remedy harms that have resulted from the
exercise of market power."

Governor Davis noted that he and state lawmakers have taken dramatic action
in recent weeks to provide rate relief. "While these actions should provide
short-term rate predictability and longer-term benefits to customers in
terms of improved supplies, the fundamental problem of exorbitant wholesale
prices still exists and remains the responsibility of FERC to address," said
the governor. "No combination of state actions can substitute for federal
action to ameliorate the problems of California's wholesale markets."

Governor Davis has taken the following actions in reaction to rising
electricity prices in San Diego:

On June 14, he called for emergency reduction of electricity use by all
state facilities in the San Francisco Bay area in response to electricity
emergency and rolling blackouts.

On June 15, he called on chairpersons of the Public Utilities Commission
(PUC) to analyze the conditions that led to electricity shortages in the San
Francisco Bay area the previous day, including a statewide perspective on
the price and delivery of electricity. Report was completed, submitted to
the governor and released on August 2.

On July 27, 2000, Governor Davis called on federal and state regulators to
take swift action to extend the caps on wholesale electric rates in
California and provide San Diego ratepayers with million of dollars in
refunds.

In letters written by the governor to two state regulatory agencies and two
California-based panels charged with overseeing California's power market,
he called for a coordinated state effort to urge federal regulators to take
strong measures to reduce power rates in both the short- and long-term.

On August 2, 2000, Governor Davis issued three Executive Orders designed to
reduce energy consumption by state government and speed up the time it takes
new power generating facilities to win approval from state agencies.

On August 9, 2000, Governor Davis called on the Public Utilities Commission
(PUC) to establish a two-year plan that would cut electricity rates by
nearly half for residential and business customers of San Diego Gas &
Electric.

The governor also reached an agreement with the California Grocers
Association that will save enough electricity to provide power to between
50,000 and 60,000 homes during periods of peak demand, as grocers agreed to
reduce power consumption by 10 percent during Stage One emergencies.

On August 10, 2000, Governor Davis wrote a letter to President Clinton
urging him to expedite FERC's investigation to determine whether current
electric rates in San Diego were unjust.

On August 22, 2000, Governor Davis called on President Clinton to release
emergency funds from the Low-Income Home Energy Assistance Program (LIHEAP)
to the state to help low-income Californians pay their rapidly-rising
electricity bills.

On August 23, 2000, President Clinton responded to Governor Davis' request
by releasing $2.6 million in emergency funds to help low-income Southern
Californians cope with the surge in their electricity bills. The President
also asked federal regulators to speed up their investigation into the
operation of U.S. power markets and urged the Small Business Administration
to use its credit programs to help small firms hurt by the price increases.

On August 23, 2000, Governor Davis reached agreement with legislators on
legislation to provide relief to San Diego ratepayers. The governor signed
two bills into law on September 6, 2000.

Please see attached letter (below).

# # #

SEPTEMBER 12, 2000

STATEMENT OF GOVERNOR GRAY DAVIS

TO THE FEDERAL ENERGY REGULATORY COMMISSION CONCERNING ITS INVESTIGATION OF
WHOLESALE PRICE ESCALATION IN CALIFORNIA

The Summer of 2000 has confronted California with an electricity crisis that
seriously threatens the safety, health and well being of citizens and
businesses throughout the state. At the heart of the crisis is the
extraordinary run up in prices for wholesale electric energy and ancillary
services, accompanied by deteriorating service and reliability. In San
Diego, electric customers' bills have more than doubled this summer,
threatening permanent harm to businesses and the health and welfare of
residential customers in the warm southern climate. All remaining California
electric consumers are faced with similar prospects as their legislated rate
freeze periods come to an end. In San Francisco we saw rolling blackouts for
the first time in our history.

As soon as the dimensions of the crisis became evident, I directed
California regulators, including the Public Utilities Commission and the
Electricity Oversight Board, and the Independent System Operator, to take
immediate steps to identify and implement specific measures to mitigate the
damage, including restoring price caps at Summer 1999 levels. I am happy to
report that those measures have been adopted, although not without
considerable resistance from self-interested parties.

In recent weeks, I have worked with the California Legislature to enact
further relief within the existing framework of options now available to the
state. These include provisions to stabilize retail rates, expedite
generation licensing where possible, implement targeted demand reduction and
demand response and remove constraints in transmission and distribution
systems. I have also established a task force comprised of key state
officials which is developing measures to increase energy efficiency and
alternative supplies and to expedite permitting by state agencies.

While these actions should provide short-term rate predictability and
longer-term benefits to customers in terms of improved supplies, the
fundamental problem of exorbitant wholesale prices still exists and remains
the responsibility of the Federal Energy Regulatory Commission to address.
No combination of state actions can substitute for federal action to
ameliorate the problems in California's wholesale markets.

A joint report submitted to me on August 2nd by the Chairman of the
California Electricity Oversight Board and the President of the California
Public Utilities Commission concluded that exorbitant wholesale prices in
California result from wholesale market dysfunction and the exercise of
market power by sellers. Subsequent reports by the Market Analysis
Department and the Market Surveillance Committee of the California
Independent System Operator reach the same conclusions. Subsequent behavior
of wholesale electric prices during August confirms their conclusions, and
subjects California to further economic damage. While I remain hopeful that
California wholesale markets may ultimately become competitive and become
capable of serving the interests of consumers and the public, I cannot and
will not accept the liabilities to California that result from the current
situation for even a short period. I intend to take any and all steps
necessary to restore economic stability to the electric service
infrastructure of California.

FERC bears the responsibility under its organic act to assure just and
reasonable wholesale electric rates. FERC bears responsibility to ensure
that a workably competitive market exists before California consumers and
California's economy are subjected to unconstrained, market-based
electricity prices. Consequently, I renew my prior request that the
Commission act with utmost speed to intervene to the fullest extent possible
to restore wholesale prices to fair levels and to remedy harms that have
resulted from the exercise of market power.

###

OFFICE OF THE GOVERNOR
----------------------------------------------------------------------------
----
A00:245
FOR IMMEDIATE RELEASE
September 12, 2000

GOVERNOR DAVIS NAMES KAHN CHAIR OF THE GOVERNOR'S CLEAN ENERGY GREEN TEAM
SACRAMENTO - Governor Gray Davis today announced the appointment of Michael
A. Kahn as chairman of the newly-created Governor's Clean Energy Green Team.
The Team was created by Governor Davis' signing of AB 970 by Assemblywoman
Denise Moreno Ducheny (D-San Diego) on Wednesday.

Mr. Kahn, 51, of San Francisco, is the chairman of the California
Electricity Oversight Board, and he also serves as vice-chair of the
California Commission on Judicial Performance. He has been senior partner
and head of litigation at Folger Levin & Kahn LLP since 1979. Mr. Kahn has
held numerous state and federal government appointments and assignments over
the last 15 years.

Mr. Kahn is the author of several articles and reports on litigation
practice and Supreme Court history. He is a magna cum laude, Phi Beta Kappa
graduate of the University of California, Los Angeles. Mr. Kahn also earned
master of arts and juris doctorate degrees from Stanford University, where
he was an editor of the Law Review. After graduation, he served for a year
as a law clerk to Judge Ben C. Duniway of the Ninth Circuit Court of Appeals
in San Francisco.

The signing of AB 970 established the Governor's Clean Energy Green Team,
which works to streamline the process of creating new power plants to ensure
that an adequate supply of power will exist to make a deregulated
marketplace work. The Team does this by working with local governments,
identifying environmental impacts, developing recommendations for low
interest financing programs for renewable energy and obtaining input on
natural gas supply, emission offsets and water supply.

Members do not receive a salary. This position does not require Senate
confirmation.

# # #

Julee Malinowski-Ball
Edson + Modisette
Associate
925 L Street Suite 1490
Sacramento CA 95814
916-552-7070
FAX-552-7075
jmball@ns.net


I think I did this one - but no, nothing with BEA Systems to the best of my
knowledge.
K

Kay C. Young
Legal Specialist
Enron North America Corp.
713-853-6794 Phone
713-646-3393 Fax
kay.young@enron.com

	Tana Jones
	04/30/2001 04:54 PM

		 To: Kay Young/HOU/ECT@ECT
		 cc:
		 Subject: RE: NDA for BEA Systems, Inc.

Any problems with this counterparty?
----- Forwarded by Tana Jones/HOU/ECT on 04/30/2001 04:54 PM -----

	Kevin Montagne/ENRON@enronXgate
	04/30/2001 10:02 AM

		 To: Mark S Palmer/ENRON@enronXgate
		 cc: Tana Jones/HOU/ECT@ECT
		 Subject: RE: NDA for BEA Systems, Inc.

Mark, below is the information you requested.

Business Contact
Mike Thack
Senior Director of Sales, Western Area
972-943-5161 (office)
972-658-5603 (cell)
972-943-5050 (fax)
mike.thack@beasys.com

Mike, is working on getting together the right BEA people. He doubts he can
arrange the people for a meeting when the team is in CA this week.

Thanks,
Kevin Montagne
x31903

-----Original Message-----
From: Palmer, Mark S.
Sent: Friday, April 27, 2001 5:05 PM
To: Shelby, Rex; Montagne, Kevin
Cc: Jones, Tana
Subject: NDA for BEA Systems, Inc.

Hi Rex & Kevin--

In order to send out the BEA NDA,
Tana Jones needs the info asterisked (*) below.
Could one of you verify the info below and send her the missing info?

Thanks,
Mark P.

Legal name of the company:
 BEA Systems, Inc.

* Business contact name at the company (who will receive the NDA):

* Business contact email & phone (& fax, if applicable):

Company's address:
 2315 N. 1st Street
 San Jose, CA 95131

Nature of discussion:
 Project Offline

NDA delivery method:
 Email

Other delivery needed? (hard copy sent by mail, Fedex, fax):
 No

* Legal contact at the company (optional but helpful):


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

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

For other questions, please contact Bill Bradford at x3-3831, Russell Diamond
at x5-7095, Brant Reves at x3-9897, Veronica Espinoza at x6-6002 or the
Global Credit Hotline at x3-1803.


---------------------- Forwarded by V Charles Weldon/HOU/ECT on 01/29/2001
09:07 AM ---------------------------

Margaret Jones <mjones@gc.edu> on 01/29/2001 09:04:35 AM
To: V.Charles.Weldon@enron.com
cc:
Subject: Re: Super Bowl

Your welcome and thank you - we were glad you could make it.  After you'll
left Elizabeth said "Mama, I thought you said Melissa had a baby in her
stomach."  She also wanted to know when they were going to cut it out.
Anyway, the Mardi Gras parades I wanted you'll to go to are on February 17th
at noon and at 6:00.  If you go to www.mardigrasgalveston.com you can see all
of the events.  We would really like it if you'll came - the kids always
enjoy jumping for the beads - the adults do too.  Let Stacey and Russell know
that they are welcome too.  Love, Margaret

V.Charles.Weldon@enron.com wrote:

> Thanks for the evening.  We had a good time and your kitchen looks great!
>
> Love,
>
> Charlie


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/25/2000
02:02 PM ---------------------------

"Oliver Bennett" <conf-ny@msn.com> on 01/24/2000 08:12:16 AM
Please respond to "Oliver Bennett" <conf-ny@msn.com>
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Risk 2000 - Boston

Dear Vince,

I apologise for sending another email.  I was wondering if you could confirm
your talk title (plus some bullet points) for your presentation at our Annual
US Congress.  I have attached a condensed programme for the event - you are
speaking on stream three, part of the new research in derivatives modelling
and analysis section.
Unfortunately we are printing the brochure at the end of the week and will
need these details by thursday 27 January.

Best regards,
Oliver

Direct: +44 171 484 9880

Risk Publications, 28-29 Haymarket, London SW1Y 4RX
Fax: +44 171 484 9800  Email: conf-ny@msn.com
www.riskpublications.com
 - att1.htm
 - condensed.doc


Who all would you like to have Liz interview with?

Daren J Farmer@ECT
06/20/2000 03:08 PM
To: Toni Graham/Corp/Enron@ENRON
cc:

Subject: Re: RESUME - Liz Bellamy

I would be interested in talking to Liz.  Please set up an interview for me
one afternoon during the next couple of weeks.  Thanks.

D


-----Original Message-----
From: 	NorthBranch, Team
Sent:	Friday, January 18, 2002 8:15 AM
To:	Pipeline Safety; Nelson, John; Odneal, Dave; Rinke, Mark; Quint, Danny; Spraggins, Gary
Subject:	Abnormal Operations Report 1/17/02

Please see attachment. Any questions please call Ted Lindblad 651-982-2127.


sounds good tim


Thank you to those who have already RSVP'd for this informative brown bag
session.  This is one of the last opportunities you'll have to gain more
insight into our business.  Please RSVP ASAP, Okay?

Jen Fraser, Director of Origination in EGM - December 5 from 12 to 1 in 30C1


>From: WizardAlert@excite.com
>Reply-To: WizardAlerts14@excite.com
>To: <Smart_Investor>
>Subject: VHLD - Undervalued and Overlooked?               UPZ
>Date: Tue, 20 Nov 2001 01:04:05 -1800
>
>The Market Wizard's SPECIAL ALERT--November Edition
>
>******************************************************
>
>MARKET WIZARD'S SPECIAL ALERT:
>Vector Holdings,Inc
>OTC BB: SYMBOL: VHLD
>52 WEEK HIGH: $ 14.00
>52 WEEK LOW: $ 0.33
>SHARES OUTSTANDING: 9,500,000
>PUBLIC FLOAT: APPROX: 1,600,000
>SHORT TERM PRICE PROJ.: $3.64
>12 MONTH PRICE PROJ.: $10.41
>
>******************************************************
>
>Reasons to BUY VHLD:
>
>VHLD Just received $8.8 Million Dollar commitment for 1st hotel.
>
>VHLD is doing 1 million in revenues and anticipates closing on 9 Hotels in
>South Beach, Fl. by year-end 2002, that will generate 100 Million in
>Revenue, 25 Million in Profit, 200 Million in Assets
>
>VHLD looking to close 1st Hotel within 30 days
>
>VHLD will have solid assets in one of the most desirable real estate
>locations in the world, South Beach, Florida
>
>Top notch management team, Richard Wildheim who ran Trump properties
>
>In talks with one of the most popular restaurants in the world for first
>hotel property.
>
>Expand to Las Vegas and Arizona.
>
>One of the only distributors of gourmet food who distributes Iranian
>caviar online, including other products of beluga caviar, oils, pasta,
>meats, cheeses, etc.
>
>VHLD selling at bottom of trading range.
>
>Bestfoodonline.com does business with Disney, United Air, Marriot, Ocean
>Reef and Turnberry Resorts.
>
>Once the completion of 1st hotel co w/ have solid RE assets & revenues.
>development.
>
>VHLD should attract major shareholder value with tremendous upside
>potential.
>
>VHLD with tremendous growth in assets in one of the most secure industries
>in a volatile market REAL ESTATE.
>
>In a marketplace where co's continue to disappoint on earnings, VHLD is
>positioned to grow at a massive rate with tremendous earnings and assets.
>**************************************************************
>
>The Company
>
>Vector Holdings , Inc (OTC BB: VHLD) Vector Holdings, Inc., through its
>subsidiary Bestfoodonline.com, distributes specialty food products to the
>hospitality industry. The flagship website can be found at
>www.bestfoodonline.com, where products may be purchased on a wholesale
>basis to the hospitality industry worldwide. Clients of Vector Holdings/
>Best Food include Walt Disney, United Airlines, Ocean Reef Club, and
>Turnberry Isle Resort and Country Club.
>
>The Company has carved out its niche within the management and hospitality
>industry through management contracts with name hotel properties within
>the South, Florida region. Vector Holdings' present strategy to maximize
>shareholder value is to acquire "boutique" hotels located in South Beach,
>Florida through its relationships and existing contracts.
>****************************************************************
>
>INVESTMENT OPPORTUNITY
>
>When you talk about real estate, you talk about LOCATION, LOCATION. When
>you talk about Commercial Hotel real estate, you talk about LOCATION,
>LOCATION and MANAGEMENT. VHLD appears to be on to something, VHLD's
>present strategy to maximize shareholder value is to acquire "boutique"
>hotels located in South Beach, Florida.
>
>For those Wizard subscribers who are not familiar with South Beach,
>Florida market, let The Wizard try to describe. First, this area is home
>to nearly 800 Art Deco buildings which were primarily constructed during
>the 1920s, 30s and 40s. The South Beach area is comprised of small
>"boutique" hotels, nightclubs, restaurants and lots of chic shopping
>stores. South Beach is a unique area to Miami Beach, from 1st street to
>12th street, including Ocean Drive, Collins Avenue, and Washington Avenue.
>Miami Dade's hotel occupancy rates have lead the nation for the first five
>months of 2001. South Beach is strategically located near Miami's
>financial district and a very attractive destination to tourists from all
>over the world..
>
>VHLD's plan is to acquire existing "boutique" hotels in South Beach, FL.,
>that are currently operating and profitable. VHLD is simply taking
>existing hotels and attempting to make them better, by partnering with an
>experienced hotel management company that has a proven track record of
>doing exactly what VHLD is looking to accomplish.
>
>To this extent, VHLD has retained Hospitality Advisory Group, Inc. (HAG),
>which is led by Mr. Richard Wilhelm. Richard Wilhelm is a hotel management
>professional, with over thirty years of experience in management of a
>number of premier hotel and resort properties in the United States. These
>properties include such landmark hotels as the Plaza Hotel, the St. Regis
>and the Waldorf-Astoria in New York City; Trump Castle in Atlantic City;
>and recently, the Island Outpost group of hotels in Miami Beach's popular
>South Beach area.
>
>The core business of HAG is that of providing comprehensive hotel
>management services to their clients, which is VHLD. Services typically
>provided include the full spectrum of operational, financial, and
>marketing management of hotel properties. HAG works in every appropriate
>way to drive revenues. A key element in HAG?s management program is the
>focus on a comprehensive, targeted sales and marketing effort to "put
>heads in the bed.
>**************************************************************
>
>VALUATION
>
>Some of the greatest corporations in America were created with a simple
>concept. VHLD is currently under contract to acquire prime South Florida
>hotel properties that on average are 70% occupied year round. By
>partnering with a top-notch hotel management company, leveraging off their
>expertise, hope to increase the annual occupancy rate to over 80% within 2
>years
>
>For example, HAG became the management company for the Tides Hotel in
>South Beach, Fl. when it reopened after a major renovation. By the end of
>the 1st year the Tides had an 88% occupancy rate.
>
>VHLD intends to acquire 9 hotels by the end of calendar year 2002 that
>will be running at an annualized revenue rate in excess of $100 MILLION
>DOLLARS. These 9 hotels assets will be in excess of $200 MILLION DOLLARS.
>VHLD intends to close on 3 of the nine hotels by the end of this calendar
>year (2001). These three hotels are estimated to generate $12.8 Million
>Dollars in revenue's and Net Operating Income (NOI) of $2.5 Million
>Dollars on assets of $28 Million Dollars in 2002.
>
>VHLD intends to close on their 1st hotel within 30 days. When achieved
>this should become a significant milestone for VHLD as well as the stock.
>The first hotel is called The Astor VHLD currently manages The Astor. The
>Astor was originally built in 1936 and remodeled in 1995. VHLD is Buying
>The Astor for $16 Million Dollars in a combination of cash and debt
>(mortgage).
>
>In year 2000 The Astor generated about $5.5 Million in revenues and had
>approx. $1 Million NOI.
>
>According to HAG, based upon their projections using their management
>techniques, HAG projects The Astor?s revenues to rise to $7.2 Million and
>NOI to $1.5 Million in 2002.
>
>In addition, HAG projects that in all hotel acquisitions by VHLD, a
>portion of the profits in the 1st year under their management will be
>reinvested back into the hotels for improvements. Thereafter HAG projects
>NOI to approximate 25% of revenues. REMEMBER, VHLD is currently acquiring
>only profitable hotels, and looking to make them more profitable.
>
>VHLD is currently trading near a 52 week low. VHLD has been working
>quietly on achieving its goal of increasing shareholder value. There is
>hardly any news on VHLD, and virtually no chat over on the Internet. The
>Wizard believes this too might change shortly. The Wizard believes that
>once VHLD closes on the Astor Hotel the story becomes a little bit more
>believable. BUY ON THE RUMOR.
>*****************************************************************
>
>CONCLUSION
>
>One way to value a company is to look at its peers in the industry. Within
>this group companies currently trade at about a 50% discount to the S&P
>500 index, which equates to about 14x earnings. Based on VHLD closing 3
>hotels by year-end, and using HAG's forecast for profits of $2.5 Million
>or $0.26 cents per share. If VHLD were to trade in the market at 14x
>earnings, then this would equate to a stock price of $3.64 per share.
>
>******************************************************************
>
>DISCLAIMER
>
>Marketwizardalerts (MWA) publishes reports providing information on
>selected companies that MWA believes has investment potential. MWA is not
>a registered investment advisor or broker-dealer. This report is provided
>as an information service only, and the statements and opinions in this
>report should not be construed as an offer or solicitation to buy or sell
>any security. MWA accepts no liability for any loss arising from an
>investor's reliance on or use of this report. An investment in VHLD is
>considered to be highly speculative and should not be considered unless a
>person can afford a complete loss of investment. MWA has been hired by a
>third party consultant, and is contracted to receive 100,000 free trading
>shares of common stock for the publication and circulation of this report.
>MWA intends to sell all or a portion of the of the VHLD stock at or about
>the time of publication of this report. Subsequently MWA may buy or sell
>shares of VHLD stock in the open market. This report contains
>forward-looking statements, which involve risks, and uncertainties that
>may cause actual results to differ materially from those set forth in the
>forward-looking statements. For further details concerning these risks and
>uncertainties, see the SEC filings of VHLD including the company's most
>recent annual and quarterly reports
>
>

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


--- Automatic Notification System ( Request #: ECTH-4R5MLM )
Requested For: Vince J Kaminski
Requested By:  Shirley Crenshaw

The installation of the equipment (see below) has been completed.

EN 6600 DESKTOP P3-600 10GB 64MB 32X NT 4.0
EN 6600 128MB INSTALLED IN DESKTOP
21" V1100 MONITOR


Great.  Thanks very much, Wanda.

Best,
Jeff

	Wanda Curry/ENRON@enronXgate
	07/16/2001 05:27 PM

		 To: Jeff Dasovich/NA/Enron@Enron
		 cc: Tamara Johnson/HOU/EES@EES, Evan Hughes/HOU/EES@EES, Mary Lynne
Ruffer/HOU/EES@EES
		 Subject: RE: trying to locate PX Credit information

Jeff,

Diann Huddleson has spoken with PG&E on numerous occasions, and they have
confirmed that effective as of January 19, 2001, they began using a Weighted
Average cost of Generation/Purchase for the calculation of the PX amount.  I
will coordinate between Tamara and the Services group which has this
information and make sure everyone is on the same page.  I also support
Tamara's desire to reconcile, at a tariff level, the curves to actual utility
bills.

Thanks,
Wanda

 -----Original Message-----
From:  Dasovich, Jeff
Sent: Monday, July  16, 2001 5:00 PM
To: Curry, Wanda; Tribolet, Michael
Cc: Kingerski, Harry; Lawner, Leslie; Steffes, James; Mara, Susan
Subject: trying to locate PX Credit information

Hi Wanda/Michael.  You aware of this?  I don't recall having received
anything from PG&E.

Best,
Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 07/16/2001 04:57 PM -----

	Tamara Johnson@EES 07/16/2001 04:19 PM 	   To: JMB <JBennett@GMSSR.com>, Harry
Kingerski/Enron@EnronXGate, Jeff Dasovich/NA/Enron@Enron, Leslie
Lawner/Enron@EnronXGate, James D Steffes/NA/Enron@Enron, Diann
Huddleson/HOU/EES@EES, Mary Lynne Ruffer/HOU/EES@EES  cc:   Subject: trying
to locate PX Credit information

PG&E has changed the method of calculating the PX Credit recently.  Prior to
June they appeared to be using a market based price for power, but in June
the credit dropped to about $40/MWh which looks like utility-owned gen.

We want to make sure we are not missing a utility-levied charge in our
forward curves ( e.g. CTC charge that will be applied to DA) so we're trying
to verify the utilities' method of calculating PX credits.

I talked to the PG&E accounting person who said that their Regulatory group
has sent Enron's regulatory group information on the way the PX Credit is
calculated.  Can someone locate this information and forward it to me as soon
as possible?  Given that our customers are all switching to DA we don't want
to discover there's a charge we don't know about.

Thanks,
Tamara.


-----Original Message-----
From: 	Watt, Ryan
Sent:	Wednesday, October 31, 2001 2:27 PM
To:	Cowan, Mike; Dorland, Chris; Geordie Hochbaum (E-mail); Powley, Barry; Bruce, Chad; dad work (E-mail); Ray Shiu (E-mail); Brian Kris (E-mail); Anderson, Shawn
Subject:	FW: Interesting...

> ARTICLE by MERRILL LYNCH in Briefing.com
>
> 13:37 ET Enron Corp (ENE) 12.60 +1.44 (+12.9%): --Update-- Merrill Lynch
> performs a NAV analysis of Enron. Including off-balance sheet financing
> (that firm is aware of), Merrill arrives at NAV estimate in the $16 to $24
> area. Estimate could prove conservative as it does not include cash
> balance or the current net trading position. Thinks that once the air
> clears and credibility begins to return, ENE will ultimately return to a
> more traditional valuation. Employing a discounted 13-15x P/E on firm's
> 2002 est of $1.90-$2.10 produces valuation of $24.70 to $31.50.
>
> ENE sounds like a possible double from here. A no brainer?
>


Done

Jackie Young
02/18/2000 09:57 AM
To: Daren J Farmer/HOU/ECT@ECT
cc: Victoria Versen/HOU/ECT@ECT
Subject: Re: 98-6892 Overflow

Daren,

Per Victoria Versen, you can roll deal 166888 forward for one day to cover
the 14 decatherms that flowed on the 15th.

Thanks
-Jackie-
3-9497

Daren J Farmer
02/17/2000 10:44 AM
To: Jackie Young/HOU/ECT@ECT
cc:
Subject: Re: 98-6892 Overflow

jACKIE,

You need to talk to the East desk to see if they were allocated this extra
gas on the 14th and 15th.  If they were, we can change the deal.  If not, the
pipes will need to balance out during the next flow day.

D

Jackie Young
02/17/2000 08:37 AM
To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: 98-6892 Overflow

Can you please extend sitara deal ticket 16888 to the 15th?  14 dec. flowed
on this day.

Thanks
-Jackie-


I will not be attending tomorrow's Crescendo meeting due to the monthly Lost
Creek Member's Meeting that I will be attending.  Nick and Rusty will be
attending in my absence.  If you need to get in touch with me you can page me
at 800-796-6233 or via my cell phone at 713-444-3160.

Thanks,

Audrey


Need an interesting project for independent study or for a course project? Consider looking into the Environmental Enterprise Corp. They match MBA student teams with environmental entrepreneurs in Latin America. They have posted available projects on www.ecofinance.net/eec. <http://www.ecofinance.net/eec.html>html <http://www.ecofinance.net/eec.html>. Typical assignments are business plan development or marketing strategies. Travel to the client/country is not required, but not discouraged either (if you have the time and money.)

This information is sent to you without Haas endorsement/approval. If you pursue this you will need to find a Haas faculty member who will accept this project as fulfillment for the requirements for their course(s). This is being sent to you only to make you aware of a potential source of projects that might fit your needs.

For further information please contact:

Amy Sprague
New Ventures / Environmental Enterprise Corps
World Resources Institute
10 "G" Street, NE Suite 800
Washington, DC 20002
(202) 729-7669
amys@wri.org
www.ecofinance.net/eec. <http://www.ecofinance.net/eec.html>
html <http://www.ecofinance.net/eec.html>

===============================
Sebastian Teunissen
Executive Director
Clausen Center for International Business and Policy
Haas School of Business
University of California, Berkeley
Berkeley, California 94720-1900 USA
Tel:   (510) 643-4999
Fax:  (510) 642-8228
<http://www.haas.berkeley.edu/HaasGlobal>


I agree with this approach and I'm fine with this allocation.   My objective is to get everything as accurate as possible so the proper price signal is being sent to retail and wholesale origination.   I caught the scalar issue when we were looking at 4 hour tolls vs. 8 hour tolls vs. 16 hour and I could tell there was a disconnect.

thanks.

 -----Original Message-----
From: 	Herndon, Rogers
Sent:	Tuesday, October 23, 2001 6:02 PM
To:	Presto, Kevin M.
Subject:	RE: Curve Changes

I think it is appropriate to instruct Risk to put the charges associated with the PJM scalar in the Change Deal Bucket as this was out of the Retail Commodity Group's control.  I am trying to hold these guys accountable for positions, p/l and such and I think this is the only way to fairly account for results that they could affect vs. someone else's error/mismark.  Let me know if you think this is appropriate.

 -----Original Message-----
From: 	Presto, Kevin M.
Sent:	Tuesday, October 23, 2001 4:51 PM
To:	Herndon, Rogers
Subject:	RE: Curve Changes

I have sent the message again to make curves as accurate as possible through 2015.    We are doing are best.   The Entergy situation was simply a back office mistake.   The NY off-peak is a work in progress and will get better every day.   The legs never trade, only the cals, therefore, we have to use common sense for month values.

Thanks for the info.   In most cases, Narsima is exactly right.

 -----Original Message-----
From: 	Herndon, Rogers
Sent:	Tuesday, October 23, 2001 3:19 PM
To:	Presto, Kevin M.
Subject:	FW: Curve Changes

FYI.

 -----Original Message-----
From: 	Misra, Narsimha
Sent:	Tuesday, October 23, 2001 3:10 PM
To:	Herndon, Rogers
Subject:	Curve Changes

Here are the significant (non market related) curve changes that have effected our P&L in the last week...and also a working issue related with curve management.

PJM East Hub:
   Summary : Hourly Scalars for East hub were changed, resulting in a ($2.3 million) loss.
   Reasons : Rob Benson had changed the West hub scalars a few months ago and those scalar changes never got transfered over to the East Hub curves. When the curve management function was moved from excel into the Enpower Curve Management system all the curves derived as a basis off West Hub curves started using the West Hub Scalars.

Entergy Back End:
  Summary : Yesterday, Entergy 05 and beyond curves moved down in the range of $0.50/MWh to $1.65/MWh resulting in a loss of approximately $2.3million (held back because Mike Carson is fixing the curves today)

NY Curves:
  Summary : The onpeak and offpeak curves for NY Zones A, G and J require a thorough clean up especially with regards to the issues that are stated below. The P&L is still to be determined because curves have not been changed.

On Peak
1.  J-G Spread is marked over G-A Spread starting in Year 2009.
2.  J-A Spread blows up year on year, starting in Year 2005.

Offpeak
1.  Zone-G is marked above Zone-J half of the time;  occuring mostly in Q1, Q4 and Aug.
2.  Zone-A is marked above Zone-J every July in 2003-2006.  With the exception of 2002, for the month of July, Zone-A is marginally marked below Zone-J.
3.  Zone-A is marked above Zone-G for every July from 2003 to 2018 and Dec 2003.
4.  Zone-A, for every year, MarApr is over MayJun by a significant amount.


Enron Global Travel Management (a division of Global Strategic Sourcing) is
pleased to announce that American Express Corporate Cardholders can now view
account details Online.

Highlights of this service include:
 Review previously billed, current, and unbilled charges
 Review corporate direct payments and personal payments applied to your
account
 Dispute a charge online, if needed
 Access customer service 24 hours a day, 7 days a week

To Log On to American Express Online Services:
GSS has prepared a special registration/log on page for Corporate Cardmembers
for your convenience.  To access it, go to http://travel.enron.com and click
on the Corporate Card button.

Cardmembers with cards issued within the last 45 days, need to call American
Express customer service to enroll.  The number is 1-800-297-1234.

If you have already registered your Personal American Express Card in the
American Express Online Services program:
Please click on the "Check Your Bill" link and login using your existing User
ID and password.  You will be able to add your American Express Corporate
Card to your existing registration by clicking on the "Update your Online
Profile" link which appears on the left hand menu bar once you are logged in.

We hope you enjoy using American Express Online Services.

For questions or additional information, contact Tracy Ramsey (Director,
Global Travel Management) at 713/853-6457.


Got her voice mail.  If I do not here from either person by end of day, I
will let you know.


Shirley,

Please, put it on my schedule.

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 05/02/2001
10:23 AM ---------------------------
From: Jennifer Fraser/ENRON@enronXgate on 04/20/2001 09:10 AM
To: Cathy Phillips/HOU/ECT@ECT, Mark Frevert/ENRON@enronXgate, Mike
McConnell/HOU/ECT@ECT, Jeffrey A Shankman/ENRON@enronXgate, Doug
Arnell/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Alan Aronowitz/HOU/ECT@ECT,
Pierre Aury/LON/ECT@ECT, Sally Beck/HOU/ECT@ECT, Rick
Bergsieker/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Stephen H
Douglas/ENRON@enronXgate, Shanna Funkhouser/ENRON@enronXgate, Eric
Gonzales/LON/ECT@ECT, Gary Hickerson/HOU/ECT@ECT, Vince J
Kaminski/HOU/ECT@ECT, Larry Lawyer/ENRON@enronXgate, Chris
Mahoney/LON/ECT@ECT, George Mcclellan/ENRON@enronXgate, Thomas
Myers/ENRON@enronXgate, John L Nowlan/HOU/ECT@ECT, Beth
Perlman/ENRON@enronXgate, Brent A Price/ENRON@enronXgate, Daniel
Reck/ENRON@enronXgate, Cindy Skinner/ENRON@enronXgate, Stuart
Staley/LON/ECT@ECT, Mark Tawney/ENRON@enronXgate, Scott
Tholan/ENRON@enronXgate, Lisa Yoho/NA/Enron@Enron, Neil
Davies/ENRON@enronXgate, Per Sekse/NY/ECT@ECT, Stephen H
Douglas/ENRON@enronXgate, Scott Vonderheide/Corp/Enron@ENRON, Jonathan
Whitehead/AP/Enron@Enron, Michael K Patrick/ENRON@enronXgate, Chris
Gaskill/ENRON@enronXgate, John Arnold/HOU/ECT@ECT
cc: Nicki Daw/ENRON@enronXgate, Jennifer Burns/ENRON@enronXgate, DeMonica
Lipscomb/ENRON@enronXgate, Yvonne Francois/ENRON@enronXgate, Angie
Collins/ENRON@enronXgate, Donna Baker/ENRON@enronXgate, Helen Marie
Taylor/HOU/ECT@ECT, Chantelle Villanueva/ENRON@enronXgate, Betty J
Coneway/ENRON@enronXgate, Patti Thompson/HOU/ECT@ECT, Cherylene
Westbrook/ENRON@enronXgate, Candace Parker/LON/ECT@ECT, Sharon
Purswell/ENRON@enronXgate, Gloria Solis/ENRON@enronXgate, Brenda J
Johnston/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Susan McCarthy/LON/ECT@ECT,
Paula Forsyth/ENRON@enronXgate, Shirley Crenshaw/HOU/ECT@ECT, Kathleen D
Hardeman/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Stuart
Cichosz/ENRON@enronXgate, Judy Zoch/NA/Enron@ENRON, Sunita
Katyal/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Cherry Mont/NY/ECT@ECT, Lydia
Reeves/HOU/ECT@ECT, Kristy Armstrong/ENRON@enronXgate, Nita
Garcia/NA/Enron@Enron, Christina Brandli/ENRON@enronXgate, Yolanda
Martinez/Corp/Enron@ENRON, Michele Beffer/ENRON@enronXgate, Shimira
Jackson/ENRON@enronXgate
Subject: PIRA Global Oil and Natural Outlooks- Save these dates.

PIRA is coming in May to do their semi-annual energy outlook.

Greg Shuttlesworth- North American Natural Gas --- May 14th 3-5 pm (30 C1)
? New Production Outlook
? Price Direction
? Demand Fundamentals

Dr. Gary Ross - World Oil Outlook --- May 16th 7-8:30 am --32C2
? OIl/ Demand/ supply Outlook
? Regional balances
? OPEC Rhetoric

Jen Fraser
34759


Greg,

		Thanks for sending me copies of the pleadings in the enforcement action that we've filed against SoCal Gas at FERC. Just a quick question. Should we initiate a state court action against SoCal Gas now so as to minimize any claims that could potentially be cut off by the applicable statute of limitations? I notice that the controversy goes back to 1996. It may take a while for FERC to resolve this. Have we concluded that even if FERC rules in our favor we would have to file a separate action in state court to enforce our rights under the transporation agreement(s) with SoCalGas? Even if we file a state court action now, SoCal Gas would probably argue that the state court action should not proceed until FERC reaches its decision. I don't know how strong an argument this is, but even if SoCal Gas keeps us from moving forward with a state court proceeding, would merely filing suit in state court stay the statute of limitations? I'm sure you've thought through these issues already. I'm just trying to get up to speed. Thanks.


Jewish Haiku It is common knowledge that poetry lovers have been frustrated
by the fact that no poet has chosen to express Jewish themes and feelings in
the haiku style (three unrhymed lines of five, seven, and five syllables
respectively). Filling this gap in poetic literature, David M. Bader has
recently written a book titled Haikus for Jews. Here are a few examples of
his poetry:
Is one Nobel Prize
so much to ask from a child
after all I've done
-------------
Five thousand years a
wandering people - then we
found the cabanas.
-------------
In the ice sculpture
reflected bar-mitzvah guests
nosh on chopped liver.
-------------
Beyond Valium,
the peace of knowing one's child
is an internist.
--------------
The same kimono
the top geishas are wearing -
got it at Loehmann's.
--------------
In a stage whisper
a yenta confides the name
of her friend's disease.
--------------
Jewish triathlon -
gin rummy, then contract bridge,
followed by a nap.
--------------
Scrabble anarchy
after "putzhead" is placed on
a triple-word score.
--------------
The sparkling blue sea
beckons me to wait one hour
after my sandwich.
--------------
Hava nagila,
hava nagila, hava -
enough already.
--------------
Would-be convert lost -
thawed Lender's Bagels made a
bad first impression.
---------------
Today, mild shvitzing.
Tomorrow, so hot you'll plotz.
Five-day forecast - feh
--------------
Left the door open.
for the Prophet Elijah.
Now our cat is gone.
---------------
Now that Koreans
are "the New Jews," the old Jews
can leave for Boca.
---------------
Yom Kippur - forgive
me, God, for the Mercedes
and all the lobsters.
---------------
Hard to tell under
the lights - white Yarmulke or
male-pattern baldness?
--------------
No fins, no flippers
the gefilte fish swims with
some difficulty.
---------------
Yenta. Shmeer. Gevalt.
Shlemiel. Shlimazl. Tochis.
Oy! To be fluent!
---------------
Hey! Get back indoors!
Whatever you were doing
could put an eye out.
--------------
Firefly steals into
the night just like my former
partner, that gonif.
--------------
Look, Beryl! I've found
the most splendid tchochke for
our Chanukah bush.
--------------
Testing the warm milk
on her wrist, she beams - nice, but
her son is forty.
-------------
Lovely nose ring -
excuse me while I put my
head in the oven.
--------------
After the warm rain,
the sweet scent of camellias.
Did you wipe your feet?
--------------
Wet moss on the old
stone path - flat on my back, I
ponder whom to sue.
--------------
The long pilgrimage
to the venerable shrine -
Leonard's of Great Neck.
---------------
Quietly murmured
at Saturday services,
Yanks 5, Red Sox 3.

The information contained in this e-mail message is intended only for the
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GCP adjustments are highlighted in red.

Rgds.

Samuel x3-9890
(GCP_Enron Networks)

Walter Guidroz@ENRON
02/21/2001 05:09 PM
To: Karen Lambert/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Samuel
Schott/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Brant Reves/HOU/ECT@ECT, Debbie
R Brackett/HOU/ECT@ECT, David Hardy/LON/ECT@ECT, Lesli Campbell/HOU/ECT@ECT,
Cynthia Clark/Corp/Enron@ENRON, Enron Europe Global Contracts and Facilities,
Enron Europe Global CounterParty/LON/ECT@ECT, Stephanie Sever/HOU/ECT@ECT,
Tom Moran/HOU/ECT@ECT, Claudia Clark/HOU/ECT@ECT, William S
Bradford/HOU/ECT@ECT, Lisa Lees/HOU/ECT@ECT, Juana Fayett/Corp/Enron@Enron,
Jana Morse/Corp/Enron@Enron, Trang Le/HOU/ECT@ECT, Paul Maley/LON/ECT@ECT,
Sonya Clarke/LON/ECT@ECT, Lee Munden/LON/ECT@ECT, Tim Davies/LON/ECT@ECT,
Karen O'Day/NA/Enron@Enron, Tanya Rohauer/HOU/ECT@ECT, Kelly
Lombardi/NA/Enron@Enron, Brian Lindsay/Enron Communications@Enron
Communications, EOL Call Center, Bernice Rodriguez/HOU/ECT@ECT, Bill D
Hare/HOU/ECT@ect
cc:
Subject: EOL approvals, 2-21-01

Please see attached.