You have always been on the move seeking affectionate, satisfying and harmonious relationships. Your ultimate goal has been the realisation of an intimate union in which there could be love, self-sacrifice and mutual trust. It has often been said that "True love is just around the corner"...and maybe... if you haven't found it as yet - you possibly soon will.

In the past there have been .. and maybe there still are many things that you have had to do without. You have now decided to set your sights on a position or situation that could give you greater prestige and which will afford you considerable self esteem.

You wear your heart on your sleeve ... and since you are an emotional person you are apt to give your all ... heart and soul ... to all those that show you a little affection ... but take care... it would appear that you have been extremely hurt in the past...and you keep leaving yourself wide open for punishment..

Whatever you strive to do, something always seems to be holding you back. There is no subterfuge in you. You are a clear thinker and all you demand from life, in a relationship, is a partner whom you can trust and with whom you can, together, develop a foundation of trust based on understanding. You are your own person... and you demand freedom of thought ...to follow your own convictions. You have no interest in "two-timing" and all you seek is sincerity and "straight-dealing".

You wish to be left in peace... no more conflict and no more differences of opinion ... In fact you just don't want to be involved in any arguments of any shape or form ... All you want is for "them" to get on with it - and to leave you alone..


Emily, please print this up for me with attachment.  I'll stop by later to
pick it up.  Thanks.  DF
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 03/14/2000
07:22 AM ---------------------------

	From:  John Goodpasture                           03/13/2000 03:45 PM

To: Bill Cordes/ET&S/Enron@ENRON, Rod Hayslett/FGT/Enron@ENRON, Drew
Fossum/ET&S/Enron@ENRON, Dave Neubauer/ET&S/Enron@ENRON, Rockey
Storie/ET&S/Enron@ENRON, Mary Kay Miller/ET&S/Enron@ENRON, Kent
Miller/ET&S/Enron@ENRON, Lou Potempa/Corp/Enron@ENRON, Dwight
Larson/Corp/Enron@ENRON, Michael Moran/ET&S/Enron@ENRON, Sarabeth
Smith/ET&S/Enron@ENRON, Michael Ratner/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Timothy J Detmering/HOU/ECT@ECT, Brian Redmond/HOU/ECT@ECT

Subject: Project EWE ll - possible joint bid

It it becomes desirable to structure the Reliant deal off balance sheet, we
would most likely need a partner, either an industry participant or a
financial entity.  Some potential industry partners might include Nisource,
Utilicorp, or Oneok.  (are there others?)

According to the press, Nisource will need to pay down debt following the
Columbia merger.  However they have a continuing strategic appetite for LDC
assets.  They are/will be a registered Utility Holding Company, so obviously
PUHCA poses no concern for them.

Here is a possible structure for an Enron/Nisource JV purchase of the Reliant
package.  Other Nisource and /or Columbia assets could be added to the
transaction to generate net excess cash for Nisource (presumeably only if ENE
had a strategic interest in the added assets).

Comments please.

JNG


Okay... CES should be up-to-date on all Navigator data runs for CES, ENA,
CALP as shippers for Jan, Feb, Mar, and April. I sent each month seperately
to Molly and Ernie as comma delimited files. Ernie was successful with the
first file I sent.

Just remember that these files include the complete data dump for all
transport. I sent Molly and Ernie the package id's that should be excluded
(Enron Markets).

Also, the volumes may change or have changed due to TCO actuals.

Thanks!!!!!!!!!!!!!!!!!!


I rolled deal 128952.

Jackie Young
04/10/2000 05:10 PM
To: Daren J Farmer/HOU/ECT@ECT
cc:
Subject: 98-6373

Here I go again....................

98-6373, Sitara deal #128952 expired 3/31/2000.

Flow for the following days are:

4/1 .461 decatherms
4/2 .453         "
4/3 .62           "

This meter has a 16-day chart.  Don't know if more volumes will show up later.

Help?

Thanks
-Jackie-
3-9497


HI there stranger!

Well I haven't spoken to you or heard from you in a few days and I'm just
checkin' to see that my lil' buddy in Portland isn't working himself too
hard.  As you know I tried to call you tonight but then had to leave for a
workout and a scrimmage soccer game.  I am so sore!  It's out of control!

Ok so down to the REAL reason I'm writing.  Brendan and I had a great time
at Happy Hour.  We talked a little about you but mostly about life in
general.  He had mentioned that he had E-mailed me so I rushed home to check
it.

Basically he said all good things but there was one thing that struck me as
odd.  I guess because he also brought the same point up at the restraunt.
He had written that although you thought I was cool and whatever you had
commented on how "strange " the situation was and he sort of elaborated on
that.

So the point of this E-mail is I guess to reassure you that I only have the
best intentions towards you.  I am not trying to be your girlfriend or
anything similar to that.  To tell you the truth I don't even know what your
"romantic" situation is.  I just think you are an awesome guy whom I'd love
to become close friends with.

 I am ecstatic that you are coming to visit me in Huntington Beach (if you
still are) and I'm thrilled that we can go sight seeing touring together.  I
bragged and bragged to Brendan about what a great guy you were and then came
home to feel like maybe you were taken back by my advances.  I really am
just a very overly affectionate and loving person( not to mention
spontaneous).  I didn't mean to scare you away from having a great
friendship with me and me with you.

For heavens sake you are my Portland connection and I'm your beach bum
buddy.  Honestly if I were a psycho I would have jumped at the chance to
come up and see your condo when you offered.  I just think you are someone
I'd love to get to know.  Especially if you are anything like Brendan (which
best friends usually are) he is such a sweetie!  When he and Meg go to visit
her mom in LA they might just stop over for a visit and of course they are
welcome to stay with me as well.

I guess I never asked if you had a girlfriend or someone in your life and to
be quite honest I didn't even think to ask Brendan because it's not
important.  I want you, Bill, for your friendship and for your companionship
now and when I move to Portland.  Reflecting back I realize that I may have
written or said something that caught you off guard.  It's just my
personality.  I'm a huge flirt.  For heavens sake I was voted "Most
flirtatious" my senior year not to mention "Most likely to succeed".
Probably the second one due to the first but who knows!  Hahaha!  I'm only
teasing.

Ok seriously now Bill, I want you to be honest.  If I did (locating your
condo etc.) or said (like that was the most romantic thing I had ever read
that was written by a guy) something to upset you or give you a false
impression I am so sorry. I do find you attractive and perhaps if we lived
in the same town or had met a little differently or for that matter I knew
your "romantic" stiuation, yeah I would have jumped at the chance to have
dated you.  But we didn't and the truth is I can never have too many
friends.  Especially good looking ones that I can introduce to all my "girl"
friends so that they can be jealous with envy! :)

Like I said I only have the best of intentions towards you and towrds our
relationship as friends.  But if you are uncomfortable with something I've
done or said I am so very sorry and all you have to do is tell me or E-mail
me and you'll never hear from me again.  Scouts honor!  I 've never been a
scout but I'm not know for my lies either. Teehee.

I would love to hear any concerns that you might have in regards to our
realtionship as friends.  If I can I'll put your mind at ease if not well I
enjoyed our short 30 minute interlude.  As always you are still welcome to
come visit me and stay with me I would love to have the company.

If I don't hear form you within the next couple of weeks I'll assume the
worst but still try to keep my schedule as flexible as possible in case you
change your mind.  I'm lucky in the fact that I can do that sort of thing!
:)  Ok just E-mail me or call me.  Let me know that you are alive and
kickin'.

 I'll be leaving for Calgary, Canada this Thursday morning at 6 am and will
be there until the 16th.  I'm so excited this is my first trip out of
country but then again you know that!  So I guess I'll hear from you when I
hear from you.

I just thought of a last possible reason... I may be way off base here but I
am not sure if you know the situation between my boyfriend and myself.  He
is a real sweetheart and he's going to make a wonderful husband and
father... just not with me.  If you are concerned about our friendship and
him becoming weird well the majority of my friends are guys and Todd is
secure enough in himself that he doesn't care.  If this is about August and
you staying with me, my father is moving me down not him and it will be a
long time until he can come to visit.  Also when I get there we are not
going to continue a long distance exclusive relationship.  I haven't dated
or had much of a wild stage and I have told him that we will see other
people.  He's fine with that as well.

Ok I admit that his Potland stunt was a little irrational but hey I thought
it was thoughtful and darling.  I love surprises and little "extras".  I
just didn't expect to have made plans and make myself look like the bad guy
to someone whom I'd never met.  Therefore I did everything in my power to
rectify the situation and make both sides happy and in doing so caused this.
You think I'm a psycho!  Not to mention I had to face Brendan and before he
could read my E-mail you had already revealed the stroy to him!!  SO I got
to be embarrssed and a little humbled by the whole experience!

Ok that's it.  take it however you will but it's 12:51am and I'm exhausted!
I did the best I could to figure out and fix a possibly non-existing
problem.  I hope I did well enough to inspire a response from you.  :)  Hope
to hear or read from you soon!

Goodnight and God Bless,

Nikki

_______________________________________________________
Send a cool gift with your E-Card
http://www.bluemountain.com/giftcenter/


Wanda and Sally,
FYI....
Hope and we have finalized the Merchant Assets Reconciliation.  ECT
Investements and Merchant Assets are booking two entries today relating to
the remaining portion of 1998 and the 1997 activity.  These entries should
clear the MTM Balance for Merchant Assets.  The two entries below will be
made for the February close.

---------------------- Forwarded by Sheila Glover/HOU/ECT on 03/07/2000 10:21
AM ---------------------------

	From:  Sheila Glover                           02/15/2000 03:06 PM

To: Wanda Curry/HOU/ECT@ECT, Sally Beck/HOU/ECT@ECT
cc: Georgeanne Hodges/HOU/ECT@ECT, Thomas Myers/HOU/ECT@ECT, Hope
Vargas/HOU/ECT@ECT, D Todd Hall/HOU/ECT@ECT, Terri Harlan/HOU/ECT@ECT
Subject: MTM Recon

Wanda and Sally,
Merchant Assets and ECT Investments Inc. are both making a $6.9 million entry
which will reduce the MTM Asset on Merchant Assets.  We will book a payable
to MA and they will book a inter company receivable from ECTI.
We will continue with the reconciliation and keep you apprised of our
progress.
Hope and Sheila


Jeff,

Following is the approximate cost of materials for the deck. Included in
the price is approx. $1200.00 for 2x6 redwood decking.

materials cost  $ 3190.00

I firgured to use 4x4 redwood posts to support the eventual trellace, as
they look better than 'direct burial, DB' pressure treated. The redwood
decking runs $ 1.20/ lin. ft., which is a good price, if you want me to
order this at the same time let me know, I can have it all delivered, as
discussed. Will you be installing the deck as discussed?

We are trying to finish up a job we've been at for sometine but the
owner keeps adding more. So I'm about two weeks out from getting after
your project. Can you fax me a map to your place from the ridge top,
707-785-2926.

Let me know if this will work.

Best regards,

Jim D.


Hey Greg -- call when you get a chance -- it's a wild time, and you need to
keep things together!! Keep up your good work.  Meeting Longitude folks can
wait.  Have a great holiday season. Wendy

-----Original Message-----
From: Greg.Whalley@enron.com [mailto:Greg.Whalley@enron.com]
Sent: Saturday, December 09, 2000 3:08 PM
To: wgramm
Subject: RE: Andrew Lawrence @ Longitude

I am sorry that I have not talked to Andrew, though I have called twice.
As I'm sure you know, lately I have been a little distracted.  I'll try to
contact him next week.

Greg

----Original Message-----
   >From:      "wgramm" <wgramm@gmu.edu>
   >To:             <whalley@enron.com>
   >Cc:
   >Bcc:
   >Subj:      Andrew Lawrence @ Longitude
   >Sent:      Tuesday, December 05, 2000 2:59 PM
   >
   >Hi Greg,
   > Just bugging you again about whether or not you'd called Andrew
Lawrence at
   >Longitude.  This is a very interesting and different approach to
trading
   >products (I'm on the board of Longitude, for your information, and I
got on
   >the board because of the very intriguing proposal they have).  I hope
you
   >get a chance to talk with him.  Cheers.  Wendy  PS I have a board
meeting
   >tomorrow afternoon -- we meet every month.
   >
   >Wendy Gramm, Regulatory Studies Program
   >Mercatus Center
   >George Mason University
   >703-993-4884
   >


Enron North America is offering free LEADERSHIP training classes on July 17th.

Moving from Conflict to Collaboration
8 a.m. to 12 p.m.
EB 560

Influencing for Win-Win Outcomes
1 p.m. to 5 p.m.
EB 560

Registration is on a first come, first serve basis.  Be sure to sign up soon
as spaces are limited.

For registration, please click here () to go directly into the Development
Center "Ernie, or call 3-0357.


Has Lee agreed to help us run plan assessments on Feb. 20?
---------------------- Forwarded by Tracy Geaccone/GPGFIN/Enron on 02/08/2001 03:17 PM ---------------------------

	  From:  Elaine Concklin                           02/08/2001 12:58 PM

To:	Tracy Geaccone/GPGFIN/Enron@ENRON
cc:	James Weitekamp/GPGFIN/Enron@ENRON

Subject:	Re: Upload Schedule

I think Mike was referring to the revised time table that we discussed in the last upload meeting.  We were going to have all templates uploaded by the 15th, then work with Lee to schedule running the plan assessments on the 20th, etc.  You had mentioned that you would publish the target dates after talking to Lee.

Tracy Geaccone
02/08/2001 09:28 AM
To:	James Weitekamp/GPGFIN/Enron@ENRON
cc:	Elaine Concklin/ET&S/Enron@ENRON

Subject:	Upload Schedule

Please forward CC upload and FAR upload template.

---------------------- Forwarded by Tracy Geaccone/GPGFIN/Enron on 02/08/2001 09:30 AM ---------------------------

	  From:  Mike Zabawa                           02/08/2001 08:05 AM

To:	Tracy Geaccone/GPGFIN/Enron@ENRON
cc:	David Clements/ET&S/Enron@ENRON, Nancy Wood/ET&S/Enron@ENRON

Subject:	Upload Schedule

Tracy,

Have you published the final upload schedule?  If so, I was not on the distribution list.

Thanks!

MZ

<Embedded StdOleLink>


---------------------- Forwarded by Phillip M Love/HOU/ECT on 03/22/2001
02:44 PM ---------------------------

Crystal Hyde
01/29/2001 11:57 AM
To: Phillip M Love/HOU/ECT@ECT
cc:
Subject: Nymex Game

Hey,

Here is the game..finally. You'll have to mess around with it and figure out
how it works, but here it is.


Georgeanne just told me that the Lehman and Jedi swaps do not hedge each
other.

Regards,

Eugenio


Attached please find the  power credit watchlist dated 04/9/01.  Please
direct any comments/questions to the credit hotline, (713) 853-1803

Please note that the following changes have been made to the watchlist:
 Alliant Energy Coporate Services, Inc. - Physical Call for Approval  - 6
Months
 Ameren Services Company - Physical & Finanical NO TRADES
 California Power Exchange Corporation - Physical & Financial NO TRADES
 Pacific Gas & Electric Company - Physical & Financial NO TRADES

Veronica Gonzalez


Group,

Just a quick reminder of the process to pay back losses on our John Day to
COB transmission.  As you know we route the schedules through deal number
146517.  At the end of the day, we need to aggregate the costs for losses on
the transmission that is flowed and make an annuity to ST-NW.  The annuity
should be a purchase from ST-NW by Short Term West Hourly for 1 mw at the
total cost for the losses for that day.  Then put the annuity number in the
inc sheet.  Please try to standardize your annuity transactions going
forward.
Thanks
Bill


---------------------- Forwarded by Phillip M Love/HOU/ECT on 03/20/2001
09:48 AM ---------------------------
From: Veronica Espinoza/ENRON@enronXgate on 03/20/2001 09:02 AM
To: Janie Aguayo/HOU/ECT@ECT, Diane Anderson/NA/Enron@Enron, Derek
Bailey/Corp/Enron@ENRON, David Baumbach/HOU/ECT@ECT, Jean Bell/HOU/ECT@ECT,
Patricia Boulanger/CAL/ECT@ECT, Bob Bowen/HOU/ECT@ECT, Julie
Brewer/NA/Enron@Enron, Lesli Campbell/ENRON@enronXgate, Celeste
Cisneros/NA/Enron@Enron, Sharon Crawford/CAL/ECT@ECT, Richard
Deming/NA/Enron@Enron, Russell Diamond/ENRON@enronXgate, Cindy
Feldman/CAL/ECT@ECT, Darron C Giron/HOU/ECT@ECT, Veronica
Gonzalez/ENRON@enronXgate, Jeffrey C Gossett/HOU/ECT@ECT, Walter
Guidroz/ENRON@enronXgate, Larry Joe Hunter/HOU/ECT@ECT, Kam
Keiser/HOU/ECT@ECT, Phillip M Love/HOU/ECT@ECT, Errol
McLaughlin/Corp/Enron@ENRON, Nidia Mendoza/ENRON@enronXgate, Tom
Moran/ENRON@enronXgate, Bianca Ornelas/NA/Enron@Enron, Leslie
Reeves/HOU/ECT@ECT, Tanya Rohauer/ENRON@enronXgate, Dianne Seib/CAL/ECT@ECT,
Linda Sietzema/CAL/ECT@ECT, Kim S Theriot/HOU/ECT@ECT, Ellen
Wallumrod/NA/Enron@ENRON, Melinda Whalen/CAL/ECT@ECT, Tiffany
Williams/NA/Enron@Enron
cc:
Subject: Credit Report--3/20/01


Phil, please call Jim Homco to discuss Oglethorpes needs.  His extension is
3-7898.


This is not about politics, but about our military.  Please read "reply
1".-Larry

?http://lucianne.com/threads2.asp?artnum=67457
 - Threads2.url


Jeff and Ben:
Here are some more questions regarding the Caledonia and Brownsville plants.
Your assistance with these questions would be greatly appreciated.  Please
send your answers back to me when completed.  Again, thank you for your help.
Regards,
Ben
3-7998
---------------------- Forwarded by Benjamin Rogers/HOU/ECT on 12/04/2000
10:30 AM ---------------------------

Don Miller
12/04/2000 10:11 AM
To: Benjamin Rogers/HOU/ECT@ECT
cc:
Subject: Question 2

---------------------- Forwarded by Don Miller/HOU/ECT on 12/04/2000 10:10 AM
---------------------------

"Tang, David" <dtang@Cinergy.com> on 11/30/2000 07:45:51 PM
To: "'don.miller@enron.com'" <don.miller@enron.com>
cc: "Whitehead, Robert" <rwhitehead@Cinergy.com>, "Hoyos, Sergio"
<sergio.hoyos@cinergy.com>, "Chaney, Tom" <tchaney@Cinergy.com>, "Vivar, Art"
<avivar@Cinergy.com>
Subject: Question 2

More Questions:

Both Plants

1.  What are the short term NOx and CO emissions during startups, and are
there limitations during start-ups.

2.  Are industrial stormwater permits required at either site?

Caledonia

3.  In Caledonia, what is the custom fuel sampling schedule?

Brownsville

4.  What is the agency's response to the Enron letter regarding the 2nd
stormwater NOV?

5.  Has there been any further action by the agency since the 1st stormwater
NOV was never responded to?

6.  One memo stated that the stormwater is channeled to a wetland.  Was that
during construction only or is it ongoing?

7.  Were there any further problems with the B T Readymix concrete dumping
issue?


Am I supposed to do anything with this new counterparty, or wait until you
add it to tomorrow's list?
---------------------- Forwarded by Tana Jones/HOU/ECT on 01/25/2000 09:54 AM
---------------------------

	From:  Samuel Schott                           01/25/2000 09:48 AM

To: Frank L Davis/HOU/ECT@ECT, Carrie Southard/HOU/ECT@ECT, Lisa
Gillette/HOU/ECT@ECT
cc: Molly Harris/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT, Tana
Jones/HOU/ECT@ECT, Bob Shults/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Bernice
Rodriguez/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT, Brant Reves/HOU/ECT@ECT, Debbie
R Brackett/HOU/ECT@ECT, Brian Hunter-Lindsay/LON/ECT@ECT, Coenraad
Basson/LON/ECT@ECT, Bhautik Patel/LON/ECT@ECT, David Hardy/LON/ECT@ECT, David
Weekes/LON/ECT@ECT, Sylvia A Campos/HOU/ECT@ECT
Subject: Re: EOL / Global CounterParty Response 1/24/00

Hello Everyone,

Please note the following, New EOL Counterparty:

Tricon Energy Ltd. - CP/ID 75002

Best Rgds.

Samuel x3-9890
(Global CounterParty_Enron NA)

Molly Harris
01/24/2000 06:03 PM
To: Frank L Davis/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT, Tana
Jones/HOU/ECT@ECT, Samuel Schott/HOU/ECT@ECT
cc: Bob Shults/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Bernice
Rodriguez/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT, Brant Reves/HOU/ECT@ECT, Debbie
R Brackett/HOU/ECT@ECT, Brian Hunter-Lindsay/LON/ECT@ECT, Coenraad
Basson/LON/ECT@ECT, Bhautik Patel/LON/ECT@ECT, David Hardy/LON/ECT@ECT, David
Weekes/LON/ECT@ECT, Sylvia A Campos/HOU/ECT@ECT, Carrie Southard/HOU/ECT@ECT,
Lisa Gillette/HOU/ECT@ECT
Subject: EOL Credit Responses 1/24

Please find attached Credit's EOL responses for 1/24/00.

Regards
Molly


Please find attached a revised invoice for EES.  Please let me know if you have any adjustments and I will correct prior to this afternoon's meeting.

Thanks,
Shelly


Here is an updated list of all brokers, and which one of us handles the
specific broker.

Patrick    53877
Kristine   53126


Attached is the form of schedule to the 1992 ISDA Master Agreement we use for
purely financial transactions - swaps and options.  There are a large number
of choices and variables to consider in these documents and usually whenever
an Enron company begins financial trading in a new jurisdiction we work with
local counsel to adapt the form and then handle most of the drafting and
negotiating from here.  To the extent you are interested in using ISDA Master
Agreements, we will be happy to continue in the same way.  I'm not sure they
will be much help in constructing the type of physical commodity agreements I
suspect you need.  If you need the printed form of the ISDA Master that the
schedule relates to, let me know and I can have it faxed to you.

When the transaction is physical, even if there is an embedded swap or option
of some kind, we use physical commodity contracts which vary widely from
commodity to commodity.  I will ask Elizabeth Sager to send you some sample
electricity forms and Jeff Hodge or Dan Hyvl to send some natural gas forms.
In a trading context, since Enron may be on either side of one or more
transactions with the same counterparty, the forms are drafted in a bilateral
fashion (basically we only ask for thing we are willing to give).  If your
situation is different (e.g. our transactions with one party involve only the
purchase of fuel and with another party only selling electricity, dramatic
changes to these forms might be in order.

With regard to loan/finance transactions, I am not at all familiar with forms
they use and in fact those transactions may be individualized to the extent
that they don't even use forms as such.  I will ask Julia Murray to contact
you or have one of the people in her group get in touch with you to talk
about those types of transactions.  Unfortunately, I don't know of an
electronic table of contents to the forms.  There is a project underway to
create a forms database but it is in the very early stages of thought.

	Enron Capital & Trade Resources Corp.

	From:  "Andrea Bertone" <Andrea_Bertone@ei.enron.com>
  06/10/99 12:45 PM

To: Mark - ECT Legal Taylor/HOU/ECT, bhendry@ei.enron.com
cc: "Robert H George" <Robert_H_George@ei.enron.com>
Subject: ECT Forms

When we met in Buenos Aires a couple of months ago, you mentioned that you
might
be able to provide Robert George and I with some ECT forms that would help us
with our deals in the Southern Cone. Of course these forms would be used as a
guideline and would be adapted as needed to comply with local laws. We would
be
interested in any electronic copies of any ECT forms where (i) Enron is a
party
to either side of a physical or financial swap (fuel and/or electric), (ii)
Enron is a party to fuel or electricity supply agreements (interruptible or
firm), (iii) Enron is a party to loan/finance documents, and (iv) Enron is a
party to construction /O&M Agreements.  Equally useful might be an electronic
table of contents to the ECT form books that  Brent mentioned having when I
was
last in BA.  Thanks much.


From: Pavel Zadorozhny on 08/31/2000 06:45 PM
To: Grant Masson/HOU/ECT@ECT, Tanya Tamarchenko/HOU/ECT@ECT, Naveen
Andrews/Corp/Enron@ENRON
cc:
Subject: vol model

It's been a while since I put this together. Some assumptions, such as those
about the current VAR methodology may not be correct. But my ideas and the
math involved are hopefully reasonable. Let me know if you have any questions.

Pavel, x34778


When we have made some inroads into SO2 analysis please set up another
meeting with me.


The historical context...

---------------------- Forwarded by Kevin Kindall/Corp/Enron on 12/20/2000
05:43 PM ---------------------------

Kevin Kindall
11/28/2000 09:29 AM
To: Russell Dyk/Corp/Enron@ENRON
cc:

Subject: JCC Writeup

---------------------- Forwarded by Kevin Kindall/Corp/Enron on 11/28/2000
09:32 AM ---------------------------

Kevin Kindall
09/28/2000 04:44 PM
To: James Pyke/AP/Enron@Enron
cc:

Subject: JCC Writeup

 Here are the results that I sent to Marc De La Rouche.  The answers to both
questions below is "yes."  As mentioned earlier, I'll send the complete
analysis along with explanations tomorrow.   Incidentally, here is a list of
contacts regarding LNG and JCC.  Its a bit dated, but may prove useful.

Clay Harris  LNG  Houston  (713) 853-1631
Brad Hitch  LNG  Houston  (713) 345-5140
Marc de la Roche Global Fuels Houston  (713) 853-3949

Victor Santos  Global Fuels Singapore  (65) 838-9041
Li Yin Lim  Global Fuels Singapore  (65) 838-9029
VV Rao   LNG  Singapore  (65) 838-9043

-Kevin Kindall

---------------------- Forwarded by Kevin Kindall/Corp/Enron on 09/28/2000
04:37 PM ---------------------------

	From:  Marc De La Roche @ ECT                           06/06/2000 02:50 PM

To: Kevin Kindall/Corp/Enron@ENRON
cc: Grant Masson/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT

Subject: Re: JCC & Brent

Kevin,

Thanks for the information. For avoidance of doubt, please confirm:

That the  relationship means that to hedge ten thousand barrels of JCC in
September '00, I would have to enter into a financial transaction for 6706
barrels of Prompt (August) Brent, and;

That this email constitutes your groups (Vince Kaminski's) sign-off on using
this hedge ratio to hedge JCC and JCC-based products?

Thanks in advance,

Marc de La Roche

Kevin Kindall@ENRON
06/06/2000 02:18 PM
To: Marc De La Roche/HOU/ECT@ECT
cc: Grant Masson/HOU/ECT@ECT
Subject: Re: JCC & Brent

 Good afternoon.  I have performed a review of the JCC data that you sent
some time ago.  The study was done using several different Excel workbooks,
and are available upon request.  Relevant charts are embedded in the
Powerpoint attachment.  Questions/comments welcome.

-Kevin Kindall


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 02/23/2000
08:36 AM ---------------------------

Jlpnymex@aol.com on 02/22/2000 03:53:46 PM
To: ecoel@mail.arco.com, jhewitt@ix.netcom.com, vkamins@enron.com,
mmcomisky@equiva.com, pmelia@mail.arco.com, bcsalmonsen@equiva.com,
motowns@unocal.com, dph@swbell.net
cc:
Subject: March 2, NYMEX night at the rodeo

We are so glad you will be able to join us for dinner and the HLSR on March
2, 2000, to see Reba McEntire perform.

Here is the itinerary for the evening:

Depart NYMEX office at 5:30 p.m.by limousine for Pappasito's restaurant
(parking is available across the street on Smith street)

Arrive Pappasito's restaurant, located at 610 and Kirby near the Astrodome,
by
6:00 p.m.  If it is more convenient for you, feel free to meet us at
Pappasito's by
6:00 p.m.  You can leave your car there, and ride with us in the limo to the
Dome, or follow us to the Dome in your car.

Depart Pappasito's by 7:15 p.m. for the Rodeo.

Depart Rodeo at the end of the show, by limo to cars at Pappasito's, and/or
to the NYMEX office.

Please contact me by email or telephone (713-658-9296) as to whether you will
meet us at our office or Pappasito's.  Also please contact me if you have any
other questions or logistical requirements.

I look forward to meeting each of you.

Jana Laird Phillips
Marketing Manager


460453
jeff r

broker has off peak


Please don't.  I enjoy the laughter!  I was just jealous.

From: Stuart Zisman@ECT on 03/09/2001 03:33 PM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject:

Sorry.  I'll try to keep myself and my clients under better control on a
going forward basis.

Stuart


----- Forwarded by Carolyn Cooney/Corp/Enron on 04/17/2001 11:45 AM -----

	Rosalee Fleming
	04/16/2001 01:37 PM

		 To: Carolyn Cooney/Corp/Enron@ENRON
		 cc:
		 Subject: Presentation

Thanks a million, Carolyn!!
---------------------- Forwarded by Rosalee Fleming/Corp/Enron on 04/16/2001
12:28 PM ---------------------------

Lloyd Will@ECT
04/16/2001 11:46 AM
To: rosalee.fleming@enron.com
cc: Rob Bradley/Corp/Enron@ENRON
Subject: Presentation

Attached is a general Eastern & Ercot outlook presentation, state of the gas
storage as well as a weekly coal report for Mr. Lay.

Please ensure that he receives this material for his meeting tomorrow.

Thanks.


Do you ever get the feeling that the idea you posted into the Idea Vault
isn't looked at by anyone or going anywhere?  Well, listen to this.  Steve
Gullion, EES IT manager, deposited an idea about economic data derivatives.
And guess what?  The Xcelerator liked the idea so much that they are now
working on a business plan.
Go to the Thinkbank (
http://nahou-lnapp01.corp.enron.com/eThink/Thinkbank.nsf/HomePage?OpenPage)
now and post the idea that has been brewing in your brain!

We've all heard Jeff Skilling say we need to "earn our way out" of the
current Enron share price slump.  One way we can accomplish this is by doing
a better job of managing company expenses.  Ask Kevin Hannon, CEO of Enron
Global Asset Services and Policy Committee member, all your questions about
how we can earn our way out, together.  Tuesday, June 19 on eSpeak at 10 a.m.
Houston time.

Can't make the live event?  No worries.  Go to eSpeak (
http://ethink.enron.com/eSpeak/exec/default.asp) now and submit your
question.  Kevin will try to answer it during his event and you can read the
transcript later.

After Kevin's eSpeak, we'll be opening a category in  eMeet
http://nahou-lnapp01.corp.enron.com/eThink/eMeet.nsf called "Cost Savings
Initiatives" so you can continue talking amongst yourselves and helping Enron
save.  (And if you've got some great cost saving ideas, don't forget you can
put them into the Idea Vault in the ThinkBank!)


Attached is a new draft of the press release, which is scheduled to be
released before the opening of the market tomorrow morning.  Please let me
know tonight if you have any additional changes.

Thank you.
Karen


This was the original message Jeff Porter was responding to.
---------------------- Forwarded by Chris Germany/HOU/ECT on 03/10/2000 07:06
AM ---------------------------

Scott Goodell@ENRON
03/09/2000 04:51 PM
To: dkinney@columbiaenergygroup.com, jporte1@columbiaenergygroup.com,
bperron@columbiaenergy.com, mflewel@columbiaenergygroup.com
cc: Dick Jenkins/HOU/ECT@ECT, Chris Germany/HOU/ECT@ECT, Scott
Hendrickson/HOU/ECT@ECT, Robin Barbe/HOU/ECT@ECT
Subject: TCO Capacity Due 3/15

Just a note to let you know Columbia Gas has some capacity postings on the
EBB for next winter.  BIDS ARE DUE 3/15 AT 9AM.
Attached is a spreadsheet showing the parcel numbers.  I highlighted the
meters that you did not have enough capacity to serve your load this winter.
I would be happy to bid on this as your agent, but let me know what rate
works based on your economics.  This is a bid process, so the current low bid
is just an indication of the market value of the capacity.

Scott


Actually, I don't need your map inserted because I can't have Northern Border in it.  Can you center the one I already have in the presentations?

 -----Original Message-----
From: 	Moore, Debbie
Sent:	Tuesday, November 13, 2001 2:50 PM
To:	Geaccone, Tracy
Subject:	RE: map

 << File: Danny Bus Rev 11-15-01.ppt >>

 -----Original Message-----
From: 	Geaccone, Tracy
Sent:	Tuesday, November 13, 2001 2:42 PM
To:	Moore, Debbie
Subject:	map
Importance:	High

Can you center map on slide for me.  Its slide 2.  I need this pretty quick.  Its for Danny McCarty for his presentation to Stan.

 << File: Danny Bus Rev 11-15-01.ppt >>

Thanks

Tracy


Hi Continuing Evening MBA Students:

We have just added E228 Taxes & Firm Strategy on WEDNESDAYS, 6:00-9:00
p.m.  It is cross-listed with the Day MBA Program for Fall 2001.

This 3-unit course is taught by Suneel Udpa.  A description follows below.

If you are interested, please e-mail TJ on or before Friday, May 11.

Thanks,
TJ

COURSE NUMBER: E228

COURSE TITLE: Topics in Taxation:Taxes and Firm Strategy

UNITS OF CREDIT: 3 units

INSTRUCTOR: Suneel Udpa

E-MAIL ADDRESS:udpa@haas.berkeley.edu

CLASS WEB PAGE LOCATION (HTTP URL): On Izio

DAYS:  WEDNESDAYS 6:00-9:00

PREREQUISITE(S): None

CLASS FORMAT: lectures

REQUIRED READINGS: Textbook/CD, Course Reader, and Handouts

BASIS FOR FINAL GRADE: Midterm and Final

ABSTRACT OF COURSE'S CONTENT AND OBJECTIVES:
This course offers a framework to understand how taxes affect a firm's
investment and financing strategies. Taxes affect investment strategies
because the differential tax treatment of the various investments affect
both their before and after tax rates of return. Taxes influence financing
decisions because of their impact on a firm's cost of capital. This course
will downplay the technical detail under the assumption that you
intend to become effective managers not tax experts. Tax rules and
regulations will be presented and discussed in the broader context of firm
strategy. We will focus on fundamental tax principles, the understanding of
which will provide you with a framework to integrate the constant
changes in the tax laws. Note that we will focus on both individual and
corporate tax, under the assumption that good tax decisions consider
the impact of all parties in a transaction. For instance, when a firm is
deciding on a compensation policy for its managers, it has consider both
the managers' tax situation as well as its own.

BIOGRAPHICAL SKETCH:
Available on the web at: http://www.haas.berkeley.edu/faculty/udpa.html


I have found the events of the last two months to  be among the most unsettling in my 15 years of owning stock in public  companies.  I have sold my 1,800 shares of Enron Corp. because I no longer  have faith in the board to be a good watchdog for the best interests  of the shareholders.  I just don't understand how senior managers can  manipulate the financial results of the company for the past five years and only  recently be discovered.  I expect the board to act as more than a lap-dog  for senior management.  I am encouraged you turned down the chance to  accept a $60 million payday for this merger that salvages what little  shareholder value remains in Enron.  I would expect the board to seek  repayment of any and all bonuses paid to senior managers based on these  inaccurate financial results, including the estimated $30 million paid to the  CFO, who allegedly is the architect of this scheme to defraud  stockholders.  Had I known the company was apparently built on smoke and  mirrors, I would have sold my stock long ago and not be forced  to watch my  children's college fund be pocketed by executives who have little regard for the  stockholders they were hired to serve.  I guess the only lesson I can take  from this is that no company, no matter how large or prestigious is safe from  dishonest management.  I do not include you in this group, but I do believe  you and the board bear some blame for allowing this happen for the past five  years.

Wayne Heilman
Former Enron Stockholder


Please find below the GTV project status update for this week. Please see the attached file for the project timeline update in Microsoft Project.

GTV status meeting attendees:  Zhiyong Wei, Karima Husain, Francis Lim, Jeremy Wong, Bill Fortney, Nayan Dattani, Dave Nommensen, Russ Severson, Narasim Kasaru, Mike Swaim, George Grant, Chuck Ames, Geof Storey.

Accomplishments:
?	Incorporating physical deal positions in TDS:
o	Changes to CPR reader process and its unit testing have been completed.
o	Changes for the view aggregation and its unit testing have been completed.
o	A new task has been added due to the requirement of loading prior-day curves into Position Manager (Please see the attached project timeline.)
o	Changes for Position Manager are in progress (Please see the attached project timeline.)
?	Single point of deal entry for term deals:
o	Single point of deal entry is now ready for user acceptance testing.
?	Gas Daily deals:
o	Changes to ERMS PortCalc application for the Gas Daily deals are complete and ready for testing.
o	Changes to TDS deal valuation are in progress and on schedule (please see the attached project timeline.)
o	A new task has been added to flag fixed-price positions (please see the attached project timeline.)
?	Live feeds for Gas Daily/intra-month curves:
o	Released to production

Plans for the week ending 4/20/01:
?	Continue IT development of Phase I items.
?	Obtain sign-off for GTV-II, Phase 2 issues and timeline.
?	Commence IT development of Phase 2 issues.

Issues:
Incompatibility of TIBCO version 5.x and 6.x. The single point of deal entry is done using TIBCO 6.x. Some users are still using TIBCO 5.x. Upgrading to either TIBCO 6.x or Windows 2000 is needed.

Thanks

Zhiyong


Ok sports fans, here's a Blue Dog (who named this one?) override letter.


Attached is the current list of rotations for the Trading Track participants and future assigned rotations (as decided at the time of hiring).    Can you please re-confirm you have these people in your group currently, as I appear to have conflicting information.  I will re-send, if any changes occur.

If there is any movement of these people between groups can you plese keep me in the loop.

Kind regards,

Karen.
x54667


FYI

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 10/24/2000
03:28 PM ---------------------------

	Clayton Vernon @ ENRON
	10/20/2000 09:30 AM

To: Vasant Shanbhogue/HOU/ECT@ECT
cc: Vince J Kaminski/HOU/ECT@ECT
Subject: enron's new weather system, courtesy the research dept.

V

Last night, I tested our new system for real-time surveillance and messaging
of the weather, and it delivers the data to desktops throughout the building
more than 6 1/2 minutes before the National Weather Service updates their
webpages. Our current technology was web-scraping these pages via ftp, then
parsing into a database. The impact of these 6 1/2 minutes for the hourly
power traders is enormous- the weather stations upload their data around 53
minutes after the hour, and we can now receive them within 2 minutes later.
We can now re-estimate our nonlinear stack model before the top of the hour,
when hourly power trading begins. Otherwise, we would not have model results
until around 15 minutes after the hour. Notably, hourly power trading is, for
all intents and purposes, concluded by then (they trade for 10-15 minutes and
manage the scheduling for the next 30 or so miutes). So, effectively, we may
now be one *hour* ahead of where we were just a few days ago, in terms of
information. People are very excited up here, from the CTO on down- thanks
for letting it happen.

C


NY market info as you requested.
---------------------- Forwarded by Gregory T Adams/HOU/EES on 04/19/2001
02:21 PM ---------------------------

	Enron Energy Services

	From:  Dwight Fruge                           04/19/2001 12:03 PM

To: Gregory T Adams/HOU/EES@EES
cc:
Subject: NY Info

Per your request.  Let me know if you need anything else.


FYI - Steve, Sue the Avista article looks like a good anti-BLM
partner.......  Jeff, please note the Sierra Pacific story
----- Forwarded by Scott Bolton/Enron Communications on 05/05/00 08:21 AM
-----

	subscribe@mhenergy.com
	05/04/00 05:59 PM

		 To: Scott Bolton/Enron Communications@Enron Communications
		 cc:
		 Subject: Bandwidth Market Report

           To: Recipients of McGraw-Hill Energy's Bandwidth Market Report

           From: Brian Jordan, Editorial Director, McGraw-Hill Energy power
group

           Please accept our invitation to this free trial and take a look at
the attached issue of Bandwidth Market Report, our new daily publication. We
selected you and about 60 others to receive this free trial because of your
interest in the bandwidth business and the developing market for bandwidth
trading.

           We hope you not only will find our publication worthwhile--and
continue to receive this free trial for several weeks--but will let us know
what you like and don't like, and what you would like to see. We are aiming
to bring you one concise daily package with the latest news and analysis on
the bandwidth business, plus market commentary and price information on
bandwidth trading.

           Please let us know how we're doing. If you do not wish to keep
receiving this free trial, just send a reply message and ask to be dropped
from our list. But we believe you will find Bandwidth Market Report a
must-read for those who want to take advantage of the huge opportunities
unfolding in this market.

          Chris Baltimore, editor--phone: 202-383-2185; e-mail:
chris_baltimore@mhenergy.com
          Matt Spangler, associate editor: 202-383-2279;
matthew_spangler@mhenergy.com

 - 842-current.pdf


Mark, I am forwarding this message and several more related to it.  I would appreciate your sending them to the attorney who is working on this and asking him or her to advise me re the requested vote.  Thank you. Jim,
 -----Original Message-----
From: 	Cattigan, Ed
Sent:	Thursday, November 15, 2001 9:56 AM
To:	Overfield, Adam; Astramowicz, Jarek; Forycki, Krzysztof; Edgley, Anne; Wantschek, Lloyd; Derrick Jr., James
Subject:	Resolution No 9

Hi

Attached is resolution 9 filled in with Jacek's remuneration for you perusal prior to the Board meeting.

regards

Ed


This week picks.   I don't know if this is late but i since it is before the
games have started (it is 6 am pacific right now) I am hoping that you can
still put me in for Atlanta to lose to St Louis for this week.  Thanks man!


Looks good to me.

George left me a message looking for an update.  If you talk to him, would
you let him know that I sent the invoicing language to GE, but my contact
wasn't in the office.  I expect to hear from them soon.

Kay

"Campbell, Carolyn" <CCampbell@KSLAW.com> on 01/02/2001 05:24:04 PM
To: "'kay.mann@enron.com'" <kay.mann@enron.com>
cc: "Keffer, John" <JKeffer@KSLAW.com>

Subject: Amendment No. 1 to Letter Agreements

 <<2SX801!.DOC>>

Kay:

We have enclosed for your review the initial draft of an amendment to the
letter agreement pertaining to CA Energy Development I LLC.  Please review
and advise of any comments at your convenience.  Thank you.

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

                    Confidentiality Notice
This message is being sent by or on behalf of a lawyer.  It is intended
exclusively for the individual or entity to which it is addressed.  This
communication may contain information that is proprietary, privileged or
confidential or otherwise legally exempt from disclosure.  If you are not the
named addressee, you are not authorized to read, print, retain, copy or
disseminate this message or any part of it.  If you have received this
message in error, please notify the sender immediately by e-mail and delete
all copies of the message.

 - 2SX801!.DOC


We have received the executed EEI Master Power Purchase and Sale Agreement
dated 5/11/2201 from the referenced CP.  Copies will be given to legal and
credit.


Wade,

 I understood your number one priority was to deal with your vehicle
situation.  You need to take care of it this week.  Lucy can't hold the
tenants to a standard (vehicles must be in running order with valid stickers)
if the staff doesn't live up to it.  If you decide to buy a small truck and
you want to list me as an employer for credit purposes, I will vouch for your
income.

Phillip


Attached is my analysis of the Paul Joskow paper (Joskow) as well as Robert
Michaels' criticism (Joskow Critique).  Joskow's paper questions the
viability of independent retail competition in electricity and invites
regulators to harshly consider independent challenges to the utility simply
passing through the wholesale price at retail.

Tomorrow at 4 PM Central and 2 Pacific we will have a conference call with
Robert Michaels about his paper and my paper.  From this discussion we can
make revisions and distribute a final to those who might be interested (such
as Kathleen Magruder).

Note: Dr. Michaels, a trusted consultant of Enron for a number of years, has
been told in very general terms about ResCo and is holding his knowledge in
strict confidence.

If anyone outside of Houston would like to join us tomorrow on the call, let
me know and I will give you a call-in number.


No this is definitely not the final document.. Issues 1-3 are correct and complete, but 4 & 5 are not.
I imagine 6-10 pages in reporting requirements for Gas Daily Options and Pipe Options alone.

While we are still working on these requirements we can move forward on 1-3 and the deal entry and new deal type
for basis options.

Louise Kitchen
04/08/2001 06:57 PM
To:	Geoff Storey/HOU/ECT@ECT
cc:
Subject:	Inception Document for GTV II phase II

I take it this is not your final document?
---------------------- Forwarded by Louise Kitchen/HOU/ECT on 04/08/2001 06:57 PM ---------------------------
From:	Zhiyong Wei/ENRON@enronXgate on 04/06/2001 06:55 PM
To:	Louise Kitchen/HOU/ECT@ECT, Geoff Storey/HOU/ECT@ECT, Colleen Sullivan/HOU/ECT@ECT, Philippe A Bibi/ENRON@enronXgate, Beth Perlman/ENRON@enronXgate, Stephen Stock/ENRON@enronXgate
cc:

Subject:	Inception Document for GTV II phase II

Attached please find the Inception Document for Gas Trading Vision II Phase II. I would appreciate your comments. I will be circulating the document for signatures on Wednesday. Please provide your inputs by then.

Thanks

Zhiyong


Good info.  Thanks.

 -----Original Message-----
From: 	Herndon, Rogers
Sent:	Monday, July 02, 2001 5:18 PM
To:	Presto, Kevin M.
Subject:	FW: Select Energy
Importance:	High

Kevin -

Very sensitive info.  I asked Kristin to gather info on Select so that I could look into hiring some of their better people.  I am trying to get a more complete org picture but plan on contacting these individuals.  I will funnel the customer feedback through the appropriate channels.

RH

 -----Original Message-----
From: 	Whitman, Britt
Sent:	Monday, July 02, 2001 4:34 PM
To:	Herndon, Rogers
Cc:	Walsh, Kristin
Subject:	FW: Select Energy
Importance:	High

Rogers,

Per our conversation on Select Energy and their ventures in aggregate power transactions, we have gathered the following data:

The key individuals overseeing Select Energy's aggregate power sales are Robert Porter, Director of Sales & Marketing (principal contact) and Terry Ranger, Manager of Contract Fulfillment (contract faciliatator).

Select Energy offers aggregate power buyers bundled services such as power supply, risk/supply management, and distribution at a fixed price.

A source at the Massachusetts Health & Educational Facilities Authority commented that Enron was recently out-bid by Select Energy because Enron's terms:

	*  failed to include supply to smaller lab facilities requiring only 8MW
	*  offered only a 4.5 minute window of opportunity to strike on the quoted price & was inflexible when the hospital asked for time to coordinate with their several non-	   profits
	* offered a price higher than Select Energy

We will continue to retrieve information and finalize our findings for presentation in a company overview.  Please call with any questions.

Thanks,
G. Britt Whitman  ex:54014


FYI
 -----Original Message-----
From: 	Morris, Gene
Sent:	Friday, October 26, 2001 8:52 AM
To:	Delainey, David; Leff, Dan; Dietrich, Janet; Blachman, Jeremy; Gahn, Scott; etilney@enron.com; Ring, Richard; Herndon, Rogers; Allegretti, Daniel; Lipshutz, Cheryl; Furey, Denise; Sharp, Vicki; Denne, Karen; Steven J Kean/HOU/EES@EES; Shapiro, Richard; Schwarz, Angela; Mann, Michael; Cox, David; Hughes, Evan
Cc:	Mahoney, Peggy
Subject:	Boston Globe Article

Peggy Mahoney asked me to forward this to you.

FYI - Here is a link to the Boston Globe article I have discussed with most of you. After numerous conversations and plenty of information proving otherwise, the reporter unfortunately decided to do this article based upon recent happenings. It is clearly a cheap shot.

On a happier note, here is a good article about our relationship with Quaker Oats in the Chicago Sun-Times.

Thanks,

Peggy


per my voice mail
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 02/08/2000
03:55 PM ---------------------------

	Enron North America Corp.

	From:  Jeff Harbert                           02/08/2000 02:03 PM

To: Jarrod Cyprow
cc: Sara Shackleton/HOU/ECT@ECT
Subject: Draft Lumber Swap

Jarrod,

Please prepare a draft ISDA swap agreement with the attached terms.  Our
lumber group is needing this for their negotiations with Stora as soon as
possible.
It is my understanding the two companies are getting close to finalizing the
ISDA.
As we discussed, a template for settling lumber swaps using the CME Lumber
contract average last 3 trading day settle will be required.
If you need anything further or need clarification of anything, please call
me to discuss.

JH.


Start Date: 2/2/02; HourAhead hour: 1;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002020201.txt


We are planning on going live Feb 15 depending on final approval of price and
volatility curves from Jean Mrha Beach and Kevin Hannon.
----- Forwarded by Scott Pleus/Enron Communications on 02/11/00 07:17 PM -----
|--------+----------------------->
|        |          Denae        |
|        |          Umbower@ECT  |
|        |                       |
|        |          02/11/00     |
|        |          05:12 PM     |
|        |                       |
|--------+----------------------->

>----------------------------------------------------------------------------|

|                                                                            |
  |       To:     Sheila Glover/HOU/ECT@ECT, Clara
Carrington/HOU/ECT@ECT,     |
  |       Theresa T Brogan/HOU/ECT@ECT, Tanya Rohauer/HOU/ECT@ECT, Michael
E   |
  |       Moscoso/HOU/ECT@ECT, Chris Abel/HOU/ECT@ECT,
Gary                    |
  |       Stadler/HOU/ECT@ECT, Rudi
Zipter/HOU/ECT@ECT                         |
  |       cc:     Jeremy Mills/Enron Communications@Enron Communications,
Scott|
  |       Pleus/Enron Communications@Enron
Communications                      |
  |       Subject:     Bandwidth
trading                                       |

>----------------------------------------------------------------------------|

Status of Bandwidth trading reporting:

We have met with each of you and sent you information for the specific needs
of
each group.  As of today, I think we are all in agreement that the information
sent will work respectively for each of you and we are ready to 'go live' with
bandwidth reporting.  If this is not the case, please contact Jeremy Mills (x
35685) or myself (x39312) as soon as possible.

Thanks to each of you for working with us on this initiative,

Denae