Thanks for thinking of me during your consolidated e-mail spree. It's always
nice to arrive at work Monday (or in this case Tuesday) morning and receive
something other than urgent, faceless messages demanding my immediate
attention. I received those as well this morning, of course, but being who I
am decided to respond urgently to the frivolous ones and frivolously to the
urgent ones.

Your Sunday sounds incredibly more productive than mine - pity. After a quick
survey of the very little mess left after you two left (THANK YOU!), Molly
and I decided to bag any further cleaning and instead go for a drive through
some of the nicer Portland neighborhoods, admiring gardens here and paint
colors there. Everyone was out enjoying the crisp sunshine and inhaling our
exhaust fumes. But watching from our comfortable car seats was about all we
could muster after the weekend's debaucheries. Then we returned home for a
movie marathon that did not, you correctly assumed, include the Philadelphia
story. We did watch two fabulous films - "The Virgin Suicides" and
"Croupier," both of which I highly recommend. We built a gigantic bed out of
couch cushions and drank chamomile tea until we passed out.

Amber the mysteriously absent roommate turned up Monday afternoon, and I was
amazingly more angry than I had previously thought, mostly because she walked
into the house smacking of defensiveness, ready to fight. So rather than
disappoint her expectations, I gave her what she wanted, only with more
volume. If the neighbors didn't hear us Saturday night, they can be sure
somebody lives there now.

I've got a call in to my friend Scott to locate Mr. Down Under Wine guy. In
my slightly more sober state, I'm starting to feel like he may own a winery
in Australia, not New Zealand. We'll find out for sure later today. And I'll
let you know when I hear from him.

Thanks again for making the trip DOWN to Portland - you guys were great
company. I'd love to come to Seattle this weekend; however, I never make
plans more than one day in advance. I've found myself to be much too flaky
for that. Let me know if you need notice sooner than that.

Take care,
Kate

"jordan mackay" <jordanmackay@hotmail.com> on 02/19/2001 11:39:16 AM
To: kate.symes@enron.com
cc:

Subject:

I know you won't get this until Tuesday, I just thought I'd write for the
purposes of consolidation. It was great meeting you and thanks for your
hospitality and easy-going ways. I wonder if you watched the Philadelphia
story. Probably not, but it's not going anywhere. It's a bright sunny day
here in Seattle and, over a couple?of cups of coffee, I wrote all morning. At
some point I'm going to go outside and do something today. A walk around the
lake perhaps or a hike through the woods.
?
Anyway, I don't have a lot to say. Thanks in advance for your help in getting
me in touch with the New Zealand dude and do think seriously about coming
down for dinner next weekend. Stay in touch,
jordan

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


Greg,
Below are the following names of some potential reviewers for this period.  I am also meeting with John Thompsen who was my analyst pool representative last review period for lunch on Thursday.

Phil Platter
Jeff Richter
Chris Stokely
Heather Dunton
Les Rawson
Mark Fischer
Holden Salisbury
Sean Crandall
Chris Foster
Stewart Rosman

I assume you will be reviewing me as well.
If you have any questions, please let me know.

Thanks,
Bill

 -----Original Message-----
From: 	Wolfe, Greg
Sent:	Monday, May 07, 2001 9:02 AM
To:	Rawson, Lester; Williams III, Bill
Subject:	Performance Reviews

Bill/Les:

Please provide me with 10 names of potential reviewers for your mid-year review - this list will be reduced to 5-7, however, we need to manage overload on any particular reviewer. I need these by COB Tuesday.


Nicole Mendez
Sr. Administrative Assistant
EWS - Financial Operations
EB 2375D
Phone: 713-853-1431
Fax: 713-646-5997

-----Original Message-----

Subject: FW: Hello Beautiful Person

If God had a refrigerator, your picture would be on it.
    If He had a wallet, your photo would be in it. He sends you
flowers every spring.
    He sends you a sunrise every morning.
  Whenever you want to talk, He listens.
    He can live anywhere in the universe, but He
chose ... your heart.
    Face it, friend -- He is crazy about you!

 Send this to every "beautiful person" you wish  to bless, and return
it to the person who sent it to you.

    God didn't promise days without pain,
    laughter without sorrow, sun without rain, but He did
promise strength for the day, comfort for the tears, and light for the
way.


Enerfax Daily

NORTH AMERICA'S FREE POWER AND GAS INFORMATION SOURCE

              Monday, January 28 2002 No. 921

Visit: http://www.enerfax.com to view our web version or for Oil Prices & News http://www.enerfaxgold.com

PHYSICAL NATURAL GAS PRICES ??

Gulf/Eastern Region

| Agua Dulce               | 1.92  |

| ANR SE                   | 1.97  |

| Carthage TG              | 1.95  |

| Chicago Citygate         | 2.03  |

| Columbia Gulf Onshore    | 2.00  |

| Dominion South Point     | 2.11  |

| Henry Hub                | 2.03  |

| Houston Ship Channel     | 2.04  |

| Katy Hub                 | 1.97  |

| NGPL LA Pool             | 1.95  |

| NGPL - Midcontinent      | 1.91  |

| NGPL STX                 | 1.93  |

| NGPL TX/OK               | 1.93  |

| NNG Demarc.              | 1.96  |

| Niagara                  | 2.18  |

| Sonat Tier 1             | 2.00  |

| TCO IPP Pool             | 2.12  |

| Tetco ELa                | 2.01  |

| Tetco M-3                | 2.26  |

| Tetco STX                | 1.92  |

| TGP Zone 0               | 1.92  |

| TGP Zone 1 (500 Leg)     | 1.98  |

| TGT Zone SL              | 2.00  |

| New York Citygate        | 2.27  |

| Transco Station 65       | 2.06  |

| Transco Zone 6 (NY)      | 2.27  |

| Trunk ELa                | 1.99  |

| Western Region

| California Border        | 2.05  |

| El Paso Keystone         | 1.90  |

| El Paso San Juan-Blanco  | 1.91  |

| Waha Hub                 | 1.91  |

| Canadian/Rockies Region

| Nova/Aeco (C$/gig)       | 2.90  |

| Dawn Hub/Union           | 2.12  |

| Northwest Stanfield      | 2.03  |

| Wyoming Pool             | 1.86  |

| Opal                     | 1.86  |

| PGT-Malin                | 2.10  |

| Sumas                    | 2.03  |

        Flow Dates 1/26-28

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

NATURAL GAS FUTURES

Henry Hub

12 Month Strip ?2.4590 +0.0027 ? ? ?

18 Month Strip ?2.6026 -0.0037? ?

| Month | High  |  Low  | Close | Change |

| FEB   | 2.105 | 1.990 | 2.037 | -0.011 |

| MAR   | 2.900 | 2.050 | 2.104 | +0.014 |

| APR   | 2.200 | 2.135 | 2.180 | +0.014 |

| MAY   | 2.280 | 2.230 | 2.269 | +0.010 |

| JUN   | 2.350 | 2.300 | 2.342 | +0.010 |

| JUL   | 2.420 | 2.390 | 2.414 | +0.006 |

| AUG   | 2.480 | 2.440 | 2.467 | +0.006 |

| SEP   | 2.480 | 2.450 | 2.476 | +0.003 |

| OCT   | 2.510 | 2.475 | 2.503 | -0.002 |

| NOV   | 2.745 | 2.715 | 2.733 | -0.009 |

| DEC   | 2.950 | 2.920 | 2.945 | -0.009 |

| JAN   | 3.050 | 3.010 | 3.038 | -0.010 |

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Natural Gas Futures Dip But Hold Above $2

    Natural gas futures for February delivery on the NYMEX dipped briefly below $2 per MMBtu Friday, but bounced back on short-covering and funds rolling to end the day down $0.011 at $2.037 per MMBtu. The March contract gained $0.014 to $2.104 per MMBtu. The market began the session lower and gradually works its way higher most of the day, holding inside only a $0.05 range. Funds continued rolling positions into March and April contracts and beyond, and marketers braced themselves for Februarys expiration tomorrow. Although the market is making an effort to stay above $2.00, it made a lower high, a lower low and closed lower for the day and the week. So look for the market to continue down this week unless colder weather is forecast. Also expect to see an even smaller withdrawal this week from storage of about 110  120 Bcf. However, there is a chance for limited short-covering into expiration as the market continues to be oversold technically. On Friday, estimated volume wa!
s about 90,000 contracts, with about 40,000 of those spreads or hedge trades. Natural gas for weekend delivery across the US and Canada was generally $0.05  $0.15 lower Friday, Natural gas for weekend delivery at the Henry hub dropped $0.09 to $2.03 per MMBtu.

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Today's Power Bulletins

 * Brazils Parana State Cancels Copel Power Firm Privatization

 * VP Cheney Says He Still Won't Turn Over Energy Papers to GAO

 * Cinergy Declares Quarterly Dividend of $0.25 per Common Share

 * Constellation Energy Group Employees Give Record $2.49 Million to United Way

 * Exelon Nuclear Reports 94.4% Capacity Factor, Record Generation

 * Senate Energy Committee to Look Into Impact of Enron Demise on Energy Markets

 * California Consumer Group Slams PG&E Restructure Plan

 * Western Peak Power Prices Increase on Colder Temperatures

 * Most Northeast Power Prices Rise Amid Cooler Weather Forecast

 * Mid-Continent Power Prices Mixed on Weather and Generation

 * Southeast Power Prices Mixed; Mild Weather Cuts Generation

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S&P Changes Ratings Process

    Standard & Poor's is changing the way it rates companies, in part because of problems from the demise of Enron. S&P is likely to conduct more formal reviews of ratings, and will be more specific about how far a rating may fall in the event of a review for downgrade. It will also focus more on credit cliff situations, which could result in a precipitous decline in a company's ratings if certain events take place. It will require companies to publicize rating triggers, such as one that in November could have forced Enron to pay off a $690 million note because of a recent downgrade. S&P is considering how best to incorporate securities price movements into ratings. S&P rates companies on a sliding scale from AAA to D. Moody's Investors Service and Fitch are also considering changes to make their own rating activity more timely.

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Natural Gas NYMEX Volume

02FEB   45,804

02MAR   30,344

02APR    7,368

02MAY    4,797

02JUN    4,358

02JLY    2,387

02AUG    2,501

02SEP      683

02OCT    1,693

02NOV    1,416

02DEC      636

03JAN    2,671

03FEB    1,925

03MAR      821

03APR      137

03MAY       32

03JUN      447

03JLY      406

03AUG      247

03SEP        8

03OCT      135

03NOV       40

03DEC      471

04JAN      121

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Commodity Futures Trading Commission

NYMEX Natural Gas Futures

Reportable Positions as of  1/22/02

Open Interest: 489,390                                  10,000 MMBtu

                                                       Nonreportable

Non-Commercial         |   Commercial |     Total    | Positions

Long | Short| Spreading| Long | Short | Long | Short | Long  | Short

3,286 65,929   43,544  403,415 345,241 450,245 454,714  39,145 34,676

Changes from 1/08/02                 Change in Open Interest:  20,471

 -510  8,913    1,837   30,241  17,767  31,568  28,517   3,060  6,111

Percent of Open Interest for Each Category of Traders

  0.7   13.5      8.9     82.4    70.5   92.0     92.9     8.0    7.1

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PHYSICAL POWER PRICES

|            | High  |  Low  | Average |

|            | $/MWh | $/MWh |  $/MWh  |

| Cinergy    | 18.50 | 17.20 |  17.55  |

| ECAR       | 21.50 | 16.50 |  18.85  |

| ERCOT      | 17.75 | 17.05 |  17.25  |

| Entergy    | 17.50 | 17.00 |  17.25  |

| TVA        | 19.95 | 19.40 |  19.90  |

| ComEd      | 17.75 | 17.00 |  17.35  |

| Nepool     | 28.50 | 27.50 |  28.30  |

| PJM West   | 22.75 | 22.75 |  22.35  |

| Main       | 18.50 | 17.00 |  17.55  |

| MAPP       | 20.00 | 18.50 |  19.15  |

| Palo Verde | 25.75 | 23.50 |  24.70  |

| Mid C      | 22.50 | 21.75 |  22.05  |

| COB        | 24.25 | 23.50 |  23.90  |

| 4 Corners  | 26.00 | 24.75 |  25.45  |

| Mead       | 26.25 | 25.25 |  25.65  |

| NP 15      | 26.25 | 25.00 |  25.65  |

| SP 15      | 27.00 | 25.00 |  26.30  |

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

Exelon Reduces Net Income on Accounting Error

  Exelon 3rd quarter net income was 6.7% lower than reported in October because of an accounting error. Net income was $376 million, or $1.16 per share, not $403 million, or $1.25 per share. That means Exelon's 3rd quarter profit rose 62% from $232 million, or $1.35 per share, a year earlier. The company had a bigger than expected loss in a trust fund that has money for dismantling nuclear generators after they are closed. The fund is not managed by Exelon. Exelon will report 4th quarter and 2001 financial results tomorrow. It probably earned about $4.30 - $4.45 last year.

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

Allegheny Energy Supply Company, Salt River Project (SRP) and Sempra Energy

Resources announce Open Season for proposed Desert Crossing Gas Storage and

Transportation System. Open Season for customers interested in capacity

begins Jan. 10, 2002 and extends through Feb. 8, 2002.  For information,

visit http://www.desert-crossing.com

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

Todays Gas Bulletins

 * Enron Australia Administrators Propose Liquidation

 * White House Orders Enron and Andersen Contracts Review

 * S&P Places Alberta Energy Ratings on CreditWatch with Positive Implications

 * S&P Places PanCanadian Energy Ratings on CreditWatch with Negative Implications

 * Baker Hughes Says Rigs Searching for Oil and Natural Gas in US Fell 10 to 859 Last Week Compared to 1,116 Year Ago; Canada Up 22 to 459 Compared to Year Ago; Gulf of Mexico Down 5 at 117 Compared to 163 Year Ago

 * AFL-CIO Calls on Companies to Refuse Re-Nomination of Enron Directors to Their Boards

 * NXT Announces Successful Completion of Red River Discovery in North Dakota

 * Almost All Probing Enron Received Campaign Money

 * ABB Stock Jumps After Halliburton Rally

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

Former Enron Vice Chairman Apparently Commits Suicide

    Former Enron Vice Chairman John Clifford Baxter, who had opposed the accounting practices that led to the downfall of the energy trading giant, apparently took his own life early Friday morning. Police said that Baxter was dead at the scene and the only occupant of the car. A suicide note and a revolver were found at the scene. Baxter was chairman and CEO of Enron North America before being named chief strategy officer. In October of 2000, he was promoted to vice chairman. Baxter resigned last May after ten years with Enron, during which time he helped build its wholesale energy business. Baxter had disagreed with then CEO Jeffrey Skilling over the inappropriateness of off-balance-sheet transactions involving partnerships that ultimately brought the company down. Baxter was one of the Enron directors targeted in about 40 investor lawsuits which allege that the company concealed losses by the use of the partnerships. Baxter engineered the $3.21 billion purchase of Portlan!
d General Electric in 1997. Enron has agreed to sell the utility to Northwest Natural Gas for $2.98 billion in cash, stock and debt. Baxter resigned after losing a battle with Skilling for control of the direction the company would take. He favored the acquisition of energy producing assets to build the company, while Skilling preferred to expand the commodities trading unit, in Enrons asset light theory. Baxter reportedly told friends that he planned to earn a Ph.D. in history, spend time with his family and look for a position as chief executive at another company.

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Dabhol Sale Process Begins This Week

    The bidding process for Enrons $2.9 billion Dabhol Power project in India is set to begin this week. The Industrial Development Bank of India said advertisements will be placed in newspapers. Interested foreign companies are Royal Dutch/Shell, TotalFinaElf and Gaz de France. Potential Indian buyers are BSES Ltd, Tata Power and Gas Authority of India. Reportedly Rothschild, DSP Merrill Lynch and Smifs Securities have been appointed to search for bidders. The vast 2,184 MW natural gas fired power plant and nearby LNG facility, the largest foreign private investment ever in India, has been idle since Enron pulled out last June in a dispute over the cost of the power provided to its only customer, the Maharashtra State Electricity Board. The 740 MW first phase of Dabhol began operating in May 1999. A 1,444 MW 2nd phase was almost complete when construction was halted after the state electricity board fell $240 million behind in payments for power provided. Those interested i!
n acquiring the plant must put up a non-refundable $100,000 in earnest money. The sellers intend to sell the plant as a whole, but bidders may bid jointly for the operation and split it up later. A London data room will be established for the commercial and financial agreements, operating and historical data, projections and information on the status of Phase II. Due diligence is expected to begin early next month, with a possible deadline of the middle of March for submitting offers. The US governments Overseas Private Investment Corporation, a lender and guarantor of  loans to the project, and IDBI have led the talks among the parties involved, including 5 Indian financial institutions, 20 foreign banks, 3 foreign government lending agencies, several governments, equity holders and potential bidders. Enron owns 65% of the Dabhol project, GE and Bechtel each own 10% and the Maharashtra State Electricity Board 15%.

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POWER FUTURES ?

| Month |   COB   | Change |   PV    | Change |

| FEB   |  21.25  | +0.00  |  22.10  | -0.70  |

| MAR   |  18.50  | +0.00  |  21.75  | -0.75  |

| APR   |  20.00  | +0.00  |  23.25  | -0.75  |

| MAY   |  18.25  | +0.00  |  24.00  | -0.75  |

| JUN   |  20.00  | +0.00  |  28.50  | -0.65  |

| JUL   |  29.50  | +0.00  |  37.75  | -1.00  |

| AUG   |  40.00  | +0.00  |  43.25  | -0.75  |

| SEP   |  34.00  | +0.00  |  32.75  | -0.55  |

| OCT   |  28.00  | +0.00  |  27.75  | -0.25  |

| NOV   |  27.50  | +0.00  |  26.75  | -0.25  |

| DEC   |  28.50  | +0.00  |  27.25  | -0.25  |

| JAN   |  28.50  | +0.00  |  28.25  | +0.00  |

| Month | Entergy | Change | Cinergy | Change |

| FEB   |  18.30  | -0.50  |  19.70  | -0.30  |

| MAR   |  19.40  | +0.65  |  20.80  | -0.20  |

| APR   |  19.40  | +0.65  |  20.80  | -0.30  |

| MAY   |  22.50  | -0.75  |  24.00  | -0.50  |

| JUN   |  26.40  | -0.75  |  28.70  | -1.00  |

| JUL   |  33.25  | -1.00  |  37.25  | -0.75  |

| AUG   |  33.25  | -1.00  |  37.25  | -0.75  |

| SEP   |  26.00  | +4.50  |  22.25  | -0.25  |

| OCT   |  21.35  | -0.40  |  21.90  | -0.20  |

| NOV   |  21.35  | -0.40  |  22.10  | +0.00  |

| DEC   |  21.35  | -0.40  |  22.10  | +0.00  |

| JAN   |  24.00  | -0.25  |  25.00  | -0.25  |

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

Power Futures

| Month |  PJM  | Change |

| FEB   | 23.75 | -0.25  |

| MAR   | 24.05 | -0.20  |

| APR   | 24.05 | -0.20  |

| MAY   | 26.75 | -0.45  |

| JUN   | 33.00 | -0.50  |

| JUL   | 44.40 | -0.60  |

| AUG   | 44.40 | -0.60  |

| SEP   | 25.30 | +0.05  |

| OCT   | 24.95 | -0.15  |

| NOV   | 24.95 | -0.15  |

| DEC   | 24.95 | -0.15  |

| JAN   | 28.50 | +0.25  |

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

California PUC Rejects Sempra Settlement

    The California PUC has rejected a settlement proposed by Sempra Energy that seeks to split profits from power sales between customers of San Diego Gas and Electric and shareholders. The decision will likely lead to a lawsuit between Sempra and the PUC. At stake is $363 million the PUC argues could be used to the benefit of customers by paying down a special balancing account set up during the California's energy crisis last year that captured the difference between retail prices state regulators allowed SDG&E to charge and soaring wholesale power prices. To cash in on the high prices, SDG&E sold all the electricity remaining on several 5-year power contracts it had signed in 1996 and 1997, pocketing the profit..

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

Energy Seminars, Inc. Announces Key Seminar Offerings for January:

Energy Seminars will be going to Florida and Calgary in 2002!

Click to http://www.energyseminars.com to see our 2002 schedule.

Register on-line at http://www.energyseminars.com or call Registrar Gina Patrick

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

Alberta Energy and PanCanadian Consider Merger

    PanCanadian Energy Will buy Alberta Energy in a $16.8 billion share exchange deal which will create North America's largest oil exploration and production company, replacing Anadarko. The deal will allow the companies to compete effectively on a global basis. The new company, which is to be headquartered in Calgary, will be named EnCana Corp. The exchange ratio is a market-to-market ratio based on the average of the closing price for the 10 trading days ended January 23rd. PanCanadian shareholders will own about 54% and AEC shareholders will own about 46% of EnCana. Combined, the stocks of the two companies make up 44% of the TSEs oil and gas sub-index. Some say that Canadian companies have realized the need to bulk up in order to be competitive with larger companies in the US, like Anadarko, Burlington Resources and Devon Energy, and to attract investors. The deal could also be a self-protection measure in response to last year's rash of takeovers of Canadian oil firms !
by US companies, like those that took over Gulf Canada, Anderson Exploration and Canadian Hunter. Alberta Energy and PanCanadian may have seen themselves as vulnerable to possible takeovers. PanCanadian had been considered a possible takeover target when it was spun off from Canadian Pacific in October. A new AEC-PanCanadian company would produce 255,000 bpd of oil and natural gas liquids and 2.5 Bcf of natural gas per day. PanCanadian has natural gas and oil production facilities in Western Canada and offshore operations in Nova Scotia, the Gulf of Mexico and North Sea, where it recently discovered the areas largest oil field in 10 years, named Buzzard. AEC also produces oil and natural gas in Western Canada, owns about 14% of the Syncrude Canada oil sands project and has exploration, production, pipeline and natural gas storage units in the Rocky Mountains, Ecuador and the Arctic.

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All,

The list of concepts/terms  proposed by Sue and Margo are very useful and I
have attempted to answer some of them,  unfortunately, quite few of the terms
are complicated and may need further explanation. Please feel free to add or
improve upon my answers.

1.  Legacy is anything that has been existence for a long time and handed
down from previous generations.  In the world of telecom, there are many
different legacies,  including legacy application, legacy card, legacy data,
legacy LAN and legacy equipment  There is no precise category of legacy
items, in short, legacy is anything that is outdated but too expensive to
replace.  See 3) for an example.

2.  Enterprise are companies, or retail customers.  Contrast with wholesale
customers, which are mainly capacity carriers like Level 3, Global Crossing,
RBOCS, IXCS, etc.

3.  I am not sure what is meant by recommended standard.  Single-mode fiber
(SMF) is an optical fiber with diameter of  7 to 9 microns (about 1/3000th of
an inch), used for high speed transmission over long distances.  It provides
greater bandwidth and lower dispersion than multi-mode fiber(diameter of  50
to100 microns).  The next generation of SMF are high-speed data optimized
fibers like Corning's LEAF and Lucent's TrueWave.  These new fibers have
wider core and better dispersion/attenuation characteristics to allow more
traffic to travel over longer distances with out having to be amplified.  The
fiber core is the part of the fiber that actually carries the light signal
transmission.  Existing fiber networks of incumbents such as AT&T, MCI
Worldcom and Sprint are largely made up of the older SMF (legacy fibers)
while the new bandwidth barons such as Level 3, Global Crossing. Qwest and
EBS have deployed the latest SMF.

4.  IRU-  Indefeasible Right of Use is a term used in the underseas cable and
fiber optic business.  An IRU is mainly composed of the following elements

a) Basis of offer -- transfer of asset ownership of fiber to the buyer. In
some respects, IRUs is similar to real estate acquisition, in which ownership
of a physical entity passes from seller to buyer by the execution of a
contract.

b) Ownership period -- usually for the planned life of a cable and is
determined by the seller.
Typically, a cable life span would be 15, 20 or 25 years.  However, cable
life cycles will probably shorten in the near future due to the more rapid
pace of the innovation in fiber and photonic engineering.

c) Deposits
It is usual for a non-refundable deposit to be requested by the seller at the
time of executing contracts, in most cases this is 10% of the purchase price.

d) O&M costs
O&M charges are normally a recurring annual charge payable to the seller (or
third party O&M contractor) to cover both costs of daily and emergency
maintenance.  The charges are usually escalated to inflation and to the
additional costs associated with cable aging.

5.  The information transmitted along the various capacities are 1s and 0s,
the digitalized equivalent of voice, data or video.  It is common to express
the capacity of a digital transmission medium by the speed or rate at which
it is able to transmit digital information. A single voice transmission
normally operates at 64 kb/s, a T-1 or a DS-0, the consequent digital signals
are all based on the number of DS-0 channels.  DS standards was developed in
North American  and is mainly used for copper lines.  A fiber optics became
mainstream, SONET (Synchronous Optical Network)  was adopted as a  standard
for connecting fiber-optic transmission systems

6. SONET is the lowest level of the OSI protocol model-- the physical layer,
it is a method of providing a roadway, or path that can be used by a variety
of traffic sources and protocols. In many ways, SONET is completely neutral
to the content or higher level protocols in the traffic stream itself.  Basic
foundation of SONET consist of DS-0 signal that are multiplexed to create
51.84 kbps, known as STS-1 (Synchronous transport signal), STS-1 is an
electrical signal rate that corresponds to optical carrier line rate of OC-1
(building blocks).   With the older DS systems, signals can't jump from DS-1
to DS-3, instead a 2 steps process must be taken, which involves adding
overhead to the transmission.  With Sonet, higher capacities can be created
by interleaving STS-1 signals to create a concatenated, or linked, signal.
For example, three STS-1 frames can form an STS-3 frame (155Mbits/sec). Rates
above STS-3 can be created by either directly multiplexing STS-1 signals or
by byte-interleaving STS-3 signals. SONET can also handle signals below
51Mbits/sec. A structure called VT (virtual tributary) accommodates DS-1,
DS-2 and E1 (European equivalent of T1 at 2 Mbit/s)

7. ATM is Short for Asynchronous Transfer Mode, a network technology based on
transferring data in cells or packets of a fixed size. The cell used with ATM
is relatively small compared to units used with older technologies. ATM
creates a fixed channel, or route, between two points whenever data transfer
begins. This differs from TCP/IP, in which messages are divided into packets
and each packet can take a different route from source to destination. This
difference makes it easier to track and bill data usage across an ATM
network, but it makes it less adaptable to sudden surges in network
traffic.   ATM is designed specifically to operates with  SONET as the
transport.  While new entrants such as Level 3 built its network based on
pure IP technology, it is still using ATM to link up its core locations.  The
trouble with IP currently is the QoS and delay issues. In the future,
however, with advanced protocols such as MPLS, routers are expected to
eliminate ATM in the network.  MPLS is an extension of IP and it provides QoS
similar to ATM.   For new entrants, the long term goal is to replace the
legacy system  (SONET and ATM) with IP over DWDM, which is more efficient and
lower cost transport.

8. SDH is European equivalent of SONET

9. bi-directional line switched ring (BLSR)- SONET operates in several
different modes. A major distinction in operation is whether the service is
deployed in a linear fashion or as one of several ring types.  There are two
types of SONET ring. One switches individual paths (path switched) and the
other switches the entire optical line capacity (line switched).  A key
difference is the number of fibers used. Path switched rings use only two
fibers while line switching can use either two or four fibers. Four fiber
bi-directional line switching sends traffic only in the required direction
during normal operation. Each direction has a working fiber and a protect
fiber in each direction. During a fiber interruption, the traffic is routed
around the break in the opposite direction, hence the name bi-directional.

10. Throughput capacity is the actual amount of useful information which is
transmitted.  It is used to measure the efficiency of a network.
11. Long haul - means long distance, long haul implies traversing states or
countries, as oppose to short haul.
12.  10% rule -  A accounting rule in a case in which 10% of the traffic is
intrastate, and the other 90% interstate, then the traffic is deemed to be
interstate.

	Susan M Landwehr@ENRON
	12/27/00 02:59 PM

		 To: Margo Reyna/NA/Enron@Enron
		 cc: Barbara A Hueter/NA/Enron@Enron, Donald Lassere/Enron
Communications@Enron Communications, Jeff Dasovich/NA/Enron@Enron, Lara
Leibman/Enron Communications@Enron Communications, Marchris
Robinson/NA/Enron@Enron, Mona L Petrochko/NA/Enron@Enron, Ricardo
Charvel/NA/Enron@Enron, Scott Bolton/Enron Communications@Enron
Communications, Stephen D Burns/Corp/Enron@ENRON, Sue Nord/NA/Enron@Enron,
Susan M Landwehr/NA/Enron@Enron, Tracy Cooper/Enron Communications@Enron
Communications, Xi Xi/Enron Communications@Enron Communications
		 Subject: Re: My list of concepts/terms

I'll add two to the list:

1  Why is the term "Legacy" often used and does it mean something other than
"old way of doing things"

2.  Why is a business customer called an "Enterprise" customer?  Does it have
something to do with the size of the customer?  The type of customer?  Or is
it just a fancy name for a customer.

	Margo Reyna
	12/19/2000 10:37 AM

		 To: Sue Nord/NA/Enron@Enron, Scott Bolton/Enron Communications@Enron
Communications, Tracy Cooper/Enron Communications@Enron Communications, Lara
Leibman/Enron Communications@Enron Communications, Donald Lassere/Enron
Communications@Enron Communications, Mona L Petrochko/NA/Enron@Enron, Barbara
A Hueter/NA/Enron@Enron, Jeff Dasovich/NA/Enron@Enron, Susan M
Landwehr/NA/Enron@Enron, Marchris Robinson/NA/Enron@Enron, Ricardo
Charvel/NA/Enron@Enron, Stephen D Burns/Corp/Enron@ENRON, Xi Xi/Enron
Communications@Enron Communications
		 cc:
		 Subject: My list of concepts/terms

Here's my list of some things that I would like to learn more about:

1.  The difference between recommended standard (RS) and single-mode fiber
(SMF) cable?

2.  What is an indefeasible right of use (IRU)?  It is like a right-of-way?

3.  What are the differences in the various capacities of cable (DS-3,
OC-192, etc.).  Not just the amount of capacity each has, but what types of
information are transmitted along each.

4.  What is a synchronous optical network (SONET)?

5.  What is asynchronous transfer mode (ATM)?

6.  What is synchronous digital hierarchy (SDH)?  I think this is used in
Europe, but I'm not sure.

7.  What is a bi-directional line switched ring (BLSR)?

8.  What is throughput capacity?

9.  What does the term "long haul" mean?

10.  I still don't have a grasp of the 10% rule.  Unfortunately, I think I
need this one spelled out in the most basic terms.

I have many more questions, but I think this is a good start.

Thanks.

Margo Reyna
Regulatory Analyst
Enron Corp., Government Affairs
Phone:  713-853-9191


i havent looked anymore.  i will look this weekend.   i think i need to pay more than i want to.  how old is your dog?

 -----Original Message-----
From: 	Erin Richardson <erichardson@sarofim.com>@ENRON [mailto:IMCEANOTES-Erin+20Richardson+20+3Cerichardson+40sarofim+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Thursday, October 04, 2001 10:31 AM
To:	Lenhart, Matthew
Subject:	RE:

whatever, you don't have to believe me but i did get a dog yesterday.
melisa and i went to lunch and then went and got the dog.  she took the
afternoon off so she kept it until i got off work. now do you believe me?
have you found a place to live yet or are you going to be homeless?

-----Original Message-----
From: Matthew.Lenhart@enron.com [mailto:Matthew.Lenhart@enron.com]
Sent: Thursday, October 04, 2001 10:20 AM
To: erichardson@sarofim.com
Subject: RE:

i don't believe you b/c i don't think you would not have had time to get it
yesterday when you said you had it

    -----Original Message-----
   From:   Erin Richardson <erichardson@sarofim.com>@ENRON

[mailto:IMCEANOTES-Erin+20Richardson+20+3Cerichardson+40sarofim+2Ecom+3E+40E
NRON@ENRON.com]

   Sent:   Thursday, October 04, 2001 10:13 AM
   To:     Lenhart, Matthew
   Subject:  RE:

   why don't you believe me?  i am not lying!

   -----Original Message-----
   From: Matthew.Lenhart@enron.com [mailto:Matthew.Lenhart@enron.com]
   Sent: Thursday, October 04, 2001 10:11 AM
   To: erichardson@sarofim.com
   Subject: RE:

   stop lying

       -----Original Message-----
      From:   Erin Richardson <erichardson@sarofim.com>@ENRON

[mailto:IMCEANOTES-Erin+20Richardson+20+3Cerichardson+40sarofim+2Ecom+3E+40E
   NRON@ENRON.com]

      Sent:   Thursday, October 04, 2001 10:02 AM
      To:     Lenhart, Matthew
      Subject:  RE:

      she isn't imaginary.  her name is bailey.

      -----Original Message-----
      From: Matthew.Lenhart@enron.com [mailto:Matthew.Lenhart@enron.com]
      Sent: Thursday, October 04, 2001 9:36 AM
      To: erichardson@sarofim.com
      Subject: RE:

      this situation reminds me of kids with imaginary friends.  what is
   your
      imaginary friend's name?

          -----Original Message-----
         From:   Erin Richardson <erichardson@sarofim.com>@ENRON

[mailto:IMCEANOTES-Erin+20Richardson+20+3Cerichardson+40sarofim+2Ecom+3E+40E
      NRON@ENRON.com]

         Sent:   Thursday, October 04, 2001 9:18 AM
         To:     Lenhart, Matthew
         Subject:  RE:

         i got plenty of sleep.  my puppy is a perfect angel.  i am not
   sure
      if i
         am
         ever going to let you see it since you don't believe me.  you
   should
         trust
         me.

         -----Original Message-----
         From: Matthew.Lenhart@enron.com [mailto:Matthew.Lenhart@enron.com]
         Sent: Thursday, October 04, 2001 8:49 AM
         To: erichardson@sarofim.com
         Subject: RE:

         did you get any sleep last night with your new dog?  when do i get
   to
         see
         this alleged dog? you probably got one of those robotic dogs.
   what
      is
         its
         name?

             -----Original Message-----
            From:   Erin Richardson <erichardson@sarofim.com>@ENRON

[mailto:IMCEANOTES-Erin+20Richardson+20+3Cerichardson+40sarofim+2Ecom+3E+40E
         NRON@ENRON.com]

            Sent:   Wednesday, October 03, 2001 3:27 PM
            To:     Lenhart, Matthew
            Subject:  RE:

            no, i would win that bet, it is just annoying that you keep
   trying
      to
            get
            out of taking me to dinner.  i am not letting you out of it.

            -----Original Message-----
            From: Matthew.Lenhart@enron.com
   [mailto:Matthew.Lenhart@enron.com]
            Sent: Wednesday, October 03, 2001 3:14 PM
            To: erichardson@sarofim.com
            Subject: RE:

            why?  don't you think you would lose that bet?

                -----Original Message-----
               From:   Erin Richardson <erichardson@sarofim.com>@ENRON

[mailto:IMCEANOTES-Erin+20Richardson+20+3Cerichardson+40sarofim+2Ecom+3E+40E
            NRON@ENRON.com]

               Sent:   Wednesday, October 03, 2001 3:01 PM
               To:     Lenhart, Matthew
               Subject:  RE:

               stop trying to get out of the dinner.

               -----Original Message-----
               From: Matthew.Lenhart@enron.com
      [mailto:Matthew.Lenhart@enron.com]
               Sent: Wednesday, October 03, 2001 3:01 PM
               To: erichardson@sarofim.com
               Subject: RE:

               lets bet your dinner on it right now.  i think i might need
   to
      pay
         up
            to
               get a house

                   -----Original Message-----
                  From:   Erin Richardson <erichardson@sarofim.com>@ENRON

[mailto:IMCEANOTES-Erin+20Richardson+20+3Cerichardson+40sarofim+2Ecom+3E+40E
               NRON@ENRON.com]

                  Sent:   Wednesday, October 03, 2001 2:54 PM
                  To:     Lenhart, Matthew
                  Subject:  RE:

                  yeah i did, you're gonna love her.

                  -----Original Message-----
                  From: Matthew.Lenhart@enron.com
         [mailto:Matthew.Lenhart@enron.com]
                  Sent: Wednesday, October 03, 2001 2:25 PM
                  To: erichardson@sarofim.com
                  Subject: RE:

                  you did not

                      -----Original Message-----
                     From:   Erin Richardson <erichardson@sarofim.com>
   @ENRON

[mailto:IMCEANOTES-Erin+20Richardson+20+3Cerichardson+40sarofim+2Ecom+3E+40E
                  NRON@ENRON.com]

                     Sent:   Wednesday, October 03, 2001 2:16 PM
                     To:     Lenhart, Matthew
                     Subject:  RE:

                     no, i got a poodle.  go to hell.  chihuahuas are cool.

                     -----Original Message-----
                     From: Matthew.Lenhart@enron.com
            [mailto:Matthew.Lenhart@enron.com]
                     Sent: Wednesday, October 03, 2001 2:05 PM
                     To: erichardson@sarofim.com
                     Subject: RE:

                     did you get a lil' chihuahua?  i hate those things.

                         -----Original Message-----
                        From:   Erin Richardson <erichardson@sarofim.com>
      @ENRON

[mailto:IMCEANOTES-Erin+20Richardson+20+3Cerichardson+40sarofim+2Ecom+3E+40E
                     NRON@ENRON.com]

                        Sent:   Wednesday, October 03, 2001 1:59 PM
                        To:     Lenhart, Matthew
                        Subject:  RE:

                        i went during lunch.

                        -----Original Message-----
                        From: Matthew.Lenhart@enron.com
               [mailto:Matthew.Lenhart@enron.com]
                        Sent: Wednesday, October 03, 2001 1:48 PM
                        To: erichardson@sarofim.com
                        Subject: RE:

                        i couldnt see it b/c it was surrounded by a wooden
      fence.
         i
               know
                  you
                        didn't get a dog.  unless you took one of your 2
   hour
         breaks
                  before
                        lunch.

                            -----Original Message-----
                           From:   Erin Richardson
   <erichardson@sarofim.com>
         @ENRON

[mailto:IMCEANOTES-Erin+20Richardson+20+3Cerichardson+40sarofim+2Ecom+3E+40E
                        NRON@ENRON.com]

                           Sent:   Wednesday, October 03, 2001 1:05 PM
                           To:     Lenhart, Matthew
                           Subject:

                           did you go look at that house last night?  did
   you
         like
            it?
               i
                  got
                     a
                           dog, it
                           is precious, you are going to love it.

   **********************************************************************
                        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.

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


Good Morning,

I didn't know you were going last night!  Where did you go?

-----Original Message-----
From: Kroll, Heather
Sent: Thursday, October 25, 2001 6:23 AM
To: Stepenovitch, Joe
Subject: Dinner

Had a good time with your pops last night. I told him no one was better than you. Thanks for the email.

H
Heather Kroll


calendar
----- Forwarded by Steven J Kean/NA/Enron on 12/08/2000 08:19 AM -----

	Rebecca Carter
	Sent by: Kelly Johnson
	12/07/2000 03:02 PM
	Please respond to kelly.johnson

		 To: Cliff Baxter/HOU/ECT@ECT, Richard Causey/Corp/Enron@ENRON, James
Derrick/Corp/Enron@ENRON, Andrew S Fastow/HOU/ECT@ECT, Steven J
Kean/NA/Enron@Enron, Mark Frevert/NA/Enron@Enron, Greg Whalley/HOU/ECT@ECT,
Karen S Owens@ees, Kevin Hannon/Enron Communications@Enron Communications,
Ken Rice/Enron Communications@Enron Communications, Stanley
Horton/Corp/Enron@Enron@Eott
		 cc: Susan Skarness/HOU/ECT@ECT, Sharron Westbrook/Corp/Enron@ENRON,
Stephanie Harris/Corp/Enron@ENRON, Bridget Maronge/HOU/ECT@ECT, Maureen
McVicker/NA/Enron@Enron, Nicki Daw/NA/Enron@Enron, Liz M Taylor/HOU/ECT@ECT,
Karen Owens/HOU/EES@EES, Carol Ann Brown/Enron Communications@Enron
Communications, Dorothy Dalton/Enron Communications@Enron Communications,
Cindy Stark/Corp/Enron@ENRON
		 Subject: Board Luncheon on December 12th

The Policy Committee has been asked to join the Board for lunch following the
meeting on December 12th in 50M Dining. Please let us know if you have any
questions. Regards, Rebecca


-----Original Message-----
From: 	Sanders, Richard B.
Sent:	Thursday, July 19, 2001 9:59 AM
To:	Sweet, Twanda
Subject:	FW: California Update 7-18-2001
Importance:	High

 -----Original Message-----
From: 	Whitman, Britt
Sent:	Wednesday, July 18, 2001 3:48 PM
To:	Sanders, Richard B.; Edison, Andrew
Cc:	Walsh, Kristin
Subject:	California Update 7-18-2001
Importance:	High

If you have any questions, please feel free to contact Kristin Walsh at (713) 853-9510 or G. Britt Whitman at (713) 345-4014.

EXECUTIVE SUMMARY
?	Multiple MOU Plans Debated
?	California State Budget Faces One Last Hurdle

Budget
There is a small possibility that Sen. Burton will not recess the Senate on Thursday unless the Senate passes the budget that the Assembly passed last night (7-17). However a key Democrat, Sen. Sheila Kuehl, has been is in Italy and is on a 16 hour return flight. No one knows if she has been told to return and without her presence, two Republican votes are still needed to pass any urgency measure for the budget.  Kuehl's vote is crucial if they take the bill up on Thursday.
MOU Mayhem
There are currently three leading MOU plans being resuscitated by the California House and Senate deliberations.  Senator Burton is hoping to keep the published schedule and adjourn for a month's recess on Thursday evening.  Speaker Hertzberg is reportedly not thrilled with leaving until the Edison issue is resolved.  However, rumor is that whether or not they recess on Thursday, their adjournment will mark the end of the Second Extraordinary session and all XX  bills passed and signed will go into effect in 90 days (all others will be dead).  Although Davis has stressed the urgency of passing a comprehensive "bail-out" plan and even threatened to call an emergency session to prevent legislators from taking a 30-day recess on Friday, there is no clear indication that legislators will comply with this request.
?	Hertzberg's bill 82XX - Of the more obvious differences from Davis MOU,  82XX proposes to offer SoCal $300 M less for its transmission lines in addition to penalizing Edison if it fails to act in good faith in closing the deal.  It comes as no surprise that during bill deliberations, SoCal raised objections to the bill and warned of impending difficulties (bankruptcy) for So Cal were the bill left unamended.
?	The Wright-Richman bill 83XX - We reported last week that 83XX remains the only measure fueled by bipartisan support.  AB 83XX was heard in an "informational" hearing yesterday (7-17) and will be heard again today in the Assembly Energy Committee.  Assemblyman Rod Wright, the Chairman of the Committee, presented AB 83xx with Dr. Keith Richman, a Republican Assemblyman from Southern California. They offered 83XX as an Edison bail-out, pure and simple. Wright was clear to distinguish his bill from 82XX, which he said has conservation easements and land requisitions, a renewable portfolio which will add an additional fee on ratepayers, and reasonable review for long term contracts. While the chances of the Richman bill being successful appear slim, reports that that Hertzberg will try to negotiate elements of his own bill (82XX) as amendments to the Wright/Richman measure suggest that at least Hertzberg feels Richman's 83XX stands a chance.

?	The Byron Sher bill, SB 78XX (Polanco) - Previously presented by Sen. Polanco on behalf of Governor Davis, SB 78XX has received special attention from Senate President, John Burton.  Although it has never been heard by a committee, SB 78XX is currently on the Senate floor and ready for a vote. The Senate Energy Committee and Senate Appropriations Committee are both scheduled to have informational hearings on this bill today.  Note, the meetings are informational because neither committee has possession of the bill.  These hearings will provide information to committee members, avoid a formal vote, and simultaneously shield Burton/Polanco from claims that the details of SB78XX were never released.  The Senate is scheduled to be in session tomorrow, ostensibly to vote on the state budget and SB 78XX. Given Burton's penchant for wanting to keep on schedule to recess tomorrow, there is no guarantee that he will hold the Senate in session once they hear SB 78XX. Thus, the Senate may never even see AB 82XX and AB 83XX unless either or both bills are passed out of the Assembly today and get special treatment by Burton to be heard tomorrow. Burton has previously adjourned the Senate to keep on schedule once they finish their business, even if the Assembly is behind them.


Here is some information you need for the move:

T.Jae Black
East Power Trading
Assistant to Kevin Presto
off. 713-853-5800
fax 713-646-8272
cell 713-539-4760


pls print for me.  thanks. dF
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 03/13/2000
12:22 PM ---------------------------

Dave Waymire
03/13/2000 10:44 AM
To: Maria Pavlou/ET&S/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON
cc:

Subject: TW Compressor Monetization

Attached is my analysis based on a sales price of $14.2MM and $14.8MM with a
buy back in the 7th year.  The loan structure for Hanover assumes that the
difference between the sales price and TW's buy back price would be amortized
over the contract term.  The remaining balance of the loan is assumed to be a
balloon payment at the end of the finance term.

I will put together some analysis on a 9 year term and forward this on to you
when it is completed.


Ingram, Kay would like to recall the message, "".


Hi.  I just wanted to wish you a Merry Christmas and tell you that I'm really
glad we got to know each other this year and could hang out over the summer.
I know it's been a difficult year for you, but 2001 is in reach and I'm
absolutely positive there are happy times and much fullfilment ahead of you.
Enjoy the holidays, and I'll see you next year!

xx
janel

ps....Brucie is picking me up at the airport thursday night so i'll deliver
some xmas love from you.


For the purposes of implementing physical power masters with counterparties
to buy and sell power in Alberta, please find attached the final forms of the
following documents, which collectively comprise our Canadianized version of
the EEI master and incorporate comments received from Elizabeth, Peter, Chris
and Mark Powell:

1.  Cover Sheet (which contains notification information, credit elections
and our specific amendments to the form of base contract)
2.  Base contract (which constitutes the actual agreement)
3.  Schedules (which describe the Products and set forth the form of
confirmation letter and the forms of guarantees)

The idea is that there are no changes made to the actual form of the base
contract.  Instead, any changes to the terms of the base contract are made
through amendments contained in the cover sheet.  The enclosed form of cover
sheet contains our preferred amendments and credit elections.

I would ask that Rob Hemstock review the description of the "Firm (LD)"
product.  You will see that I have created a general description of "Firm
(LD)" and then gone on to describe what it means specifically for the Alberta
market.  Rob, this description is contained in Schedule P of the attached
"Schedules" document.  Rob, please let me know if you have any comments on
the Alberta specific description.

As it is still unclear as to how the documentation will evolve for trading
physical power in Ontario, please be advised that we are still developing the
appropriate product descriptions for Ontario, so for the time being we should
probably not be using this document in Ontario.  If there is a counterparty
that wishes to use it in Ontario, please contact Chris Gaffney to discuss
same.

Dianne, the form of confirmation letter included in the "Schedules" document
is the form that we should be setting up in your system.

Bill, the credit provisions contained in these documents are now basically
identical to those in the EEI form in use by EPMI in the US, so there
shouldn't be any real issues with the documentation from a credit perspective.

Finally, I wanted to reiterate that the process for putting this physical
power master in place with counterparties is identical to that undertaken
with the gas master.  In other words, (i) the commercial person who wants the
master put in place will contact the credit department and provide them with
the counterparty details, (ii) the credit department will prepare a credit
worksheet and send it to the Calgary legal group, (iii) the legal group will
prepare the master based upon the credit worksheet and forward it to the
commercial person for review, and (iv) the commercial person will review and
initial the master and return it to legal who will send it out to the
counterparty for execution.  Milnthorp will then execute the master once we
get the executed copy back from the counterparty.

Thanks,
Greg


Start Date: 1/27/02; HourAhead hour: 23;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002012723.txt


Hi Everyone,

I've attached a document that will describe in greater detail the mechanics
of the Mid-Program Academic Retreat.  Please pay careful attention to the
following three matters:

(1)  The retreat will be held January 12-14 at Seascape Resort.

(2)  There is a required Pre-Work Meeting from 6:00 - 9:00 pm prior to the
retreat on either Tuesday, January 9 or Wednesday, January 10, depending on
which team you have been assigned to.  Team assignments will be distributed
within the next few weeks.

(3)  You will be asked to share a one- or two-bedroom suite, as described
in the attachment, so be thinking about with whom you'd like to share a
suite.  Roommate requests are due to the office by Friday, October 13.

Cheers, and I hope your third semester is going well!

Diane
 - Jan 01 MPAR Rooms Memo.doc


print
---------------------- Forwarded by Jeffrey A Shankman/HOU/ECT on 10/10/2000
08:59 AM ---------------------------

	Enron Capital & Trade Resources Corp. - Europe

	From:  Chris Connelly                           10/08/2000 01:55 PM

To: George McClellan/HOU/ECT@ECT, Stuart Staley/LON/ECT@ECT, Jeffrey A
Shankman/HOU/ECT@ECT, Mike McConnell/HOU/ECT@ECT, Kevin
McGowan/Corp/Enron@ENRON, Tom Mcquade/HOU/ECT@ECT
cc: Peter Bradley/LON/ECT@ECT, Jez Peters/LON/ECT@ECT, Candace
Parker/LON/ECT@ECT, Kenny Nicoll/LON/ECT@ECT, Dimitri Taylor/LON/ECT@ECT
Subject: Freight weekly report

Enron Shipping Services Weekly report 39/2000

Highlight
Had a meeting with Bocimar in our offices this week as they were interested
in knowing our plans with ABC.  From meeting it became very clear that they
were out of the running for ABC as they were unwilling to purchase that
company without a significant discount to current market levels.  Few days
later, met with CEO of ABC as he had just received a bid from a rival
shipping company ( Zodiac ) and he was basically begging us to join the
bidding as he really did not want his company  to fall in the hands of
Zodiac.  Pierre and I continued to express our interest in ABC but told him
that we needed more time to evaluate their assets and could not counter on
such short notice.  Told ABC that we would continue to follow with interest
and that if buy out by Zodiac failed, we would come back to discuss.  Our
goal all along was to make sure that Bocimar were not going to get their
hands on ABC or they would have effectively controlled 50 % of the spot cape
fleet and made our short position into next year look worrisome.  Having
shown interest we not only were kept well advised as to what Bocimar was up
to but it could have reacted quickly to protect our position.  We are
relatively pleased with the potential of Zodiac buying ABC.

Also, this week we fixed another Coeclerici cape for period.  We fixed the
cape Asia build in 1990 for minimum 4-6 months to allow us to use the vessel
to load out of Australia for CLP in December and hedge ourselves against a
late winter surge in cape rates but we have the added advantage of having an
option for a further two years to be declared mid January 2001.  We bought
ourselves a very cheap call option with an exercise date in three months time
in a very volatile market.  Further, Coeclerici gave us a put in year two to
cap our downside and gave us a call option to extend the deal into an
additional third year .  We are currently discussing with Bocimar the idea of
putting that cape into their pool if they secure us a floor for year one and
a share in any upside.  Will keep you posted  !!!

Fixed a 6 panamax contract as vessel owner with National power from South
Africa to Bristol with option Immingham to give us a very useful short
position into next year in the panamax sector.  This deal will add to our
already significant business in South Africa for next year and will allow us
to arbitrage between cape and panamax vessels as we hold contracts in both
sectors.

Furthermore, Intercore has asked us to offer them 6 capes from Bolivar into
ARA from next March till September which if we were to win the contract would
make us a definite market maker in the two busiest coal routes ( RBCT/ARA and
COLOMBIA/ARA ).

Market
	Short term	Medium term	Long Term
Handy Max	Down	Flat	Flat
Panamax	Down	Down	Down
Cape Size	Flat	Flat	Flat

Panamax : Market continues to fall for balance of the year as China/Asia was
on holiday this week and fixings were relatively few
Capes : Market is steady but few expect a fall in rates for balance of 2000.
Owners and charterers waiting for coal trans to fix for next year.

Deals Done
Physical Freight
ECS freight
Fixed  2+1 geared panamaxes from Indo to Hong Kong for November to January
2001 at $6.35.
Agreed window of 12-21 November with MOSK for Drummond-Redcar lifting
Fixed a panamax for late October loading from Drummond to LBT at $9.80 with
Bell ships
Sold a cape to the coal desk from Bolivar to Rotterdam at $6.85 for q3 next
year

Third parties freight deals
As mentioned above structuring a deal with Coeclerici and Bocimar
Fixed 6 panamaxes from RBCT to UK ports for National Power for all of 2001 at
around $10
Trying to sell 4 capes to Billiton from RBCT to Rotterdam and again  buying
same deal with Coeclerici as a back to back with some profit.

OTC
FFA s
No trades

EOL
No trades this week but EOL trader joining our group Thursday and new routes
to be added shortly which should add liquidity and new players.

Miscellaneous
Our position as it stands now is short about 350,000 tons for balance of 2000
mostly attributed to our November/December Colombia/LBT panamax short.  For
cal 01 we are 6.2 million tons short and cal 02 1.7 million short and cal 03
about 400,000 tons short.  These figures do not take into account our two
Coeclerici cape deals as those have not been finalised with counterparty and
have not been booked as of yet

Travels
Pierre is in Asia all week and I am in the office


-----Original Message-----
From: 	"Darnell" <dmoore21@charter.net>@ENRON
Sent:	Friday, November 30, 2001 8:47 PM
To:	Carlos Giron; Kristi Giron; Giron, Darron C.; Yvonne Giron; Linda Newsome; Paul Groba, Sr.; Romalie Talbert; Gretchen Elson; Sean Mayers; Francine Mayers; Mary McConnell; Trudy Mayers; Jessie Mayers; Clark Mayers; Missy Mayers
Subject:	Fw: christmas traditions

----- Original Message -----
From: Lois  Shumate
To: Darnell Moore
Cc: Dianna Jernigan
Sent: Friday, November 30, 2001 12:11 PM
Subject: christmas traditions
Subject: I have always questioned this  tradition
Some Christmass traditions have roots where we would least  expect them.
Not long ago and far away, Santa was getting ready for his  annual
trip...but there were problems everywhere. Four of his elves got  sick,
and the trainee elves did not produce the toys as fast as the  regular
ones so Santa was beginning to feel the pressure of being  behind
schedule.
Then Mrs. Claus told Santa that her Mom was coming to  visit. This
stressed Santa even more. When he went to harness the reindeer,  he found
that three of them were about to give birth and two had jumped the  fence
and were out, heaven knows where to. More Stress! Then when he began  to
load the sleigh, one of the boards cracked and the toy bag fell to  the
ground and scattered the toys.
Totally frustrated, Santa went into  the house for a cup of coffee and
shot of whiskey. When he went to the  cupboard, he found the elves
had hit the liquor and there was nothing to  drink. In his frustration,
he dropped the coffee pot and it broke into  hundreds of little pieces
all over the kitchen floor. He went to get the  broom and found that
mice had eaten the straw it was made from.
Just  then the doorbell rang and Santa cussed on his way to the door.
He opened the  door and there was a little angel with a great big
Christmas tree The angel  said: "Where would you like to put this tree
fat man?"
And that my  friend... is how the little angel came to be on top of the
Christmas  tree.
HO, HO,  HO...


Ms Denne, at Enron, we use the more polite form, "deep doo-doo."

 -----Original Message-----
From: 	Denne, Karen
Sent:	Thursday, October 11, 2001 4:37 PM
To:	Dasovich, Jeff
Subject:	RE: Conversation w/Jerry Hirsch of LA Times

I can't top that.  Except.... deep shit? sorry, didn't mean to degenerate into profanity.

 -----Original Message-----
From: 	Dasovich, Jeff
Sent:	Thursday, October 11, 2001 4:36 PM
To:	Denne, Karen
Subject:	RE: Conversation w/Jerry Hirsch of LA Times

deep six?

 -----Original Message-----
From: 	Denne, Karen
Sent:	Thursday, October 11, 2001 4:35 PM
To:	Dasovich, Jeff
Subject:	RE: Conversation w/Jerry Hirsch of LA Times

deep sleep?

 -----Original Message-----
From: 	Dasovich, Jeff
Sent:	Thursday, October 11, 2001 4:00 PM
To:	Denne, Karen
Subject:	RE: Conversation w/Jerry Hirsch of LA Times

given the mess out here, and how long it's been going on, howzabout "deep therapy?"

 -----Original Message-----
From: 	Denne, Karen
Sent:	Thursday, October 11, 2001 1:57 PM
To:	Dasovich, Jeff
Subject:	RE: Conversation w/Jerry Hirsch of LA Times

how about deep pocket??  you're too cute! :-) kd

 -----Original Message-----
From: 	Dasovich, Jeff
Sent:	Thursday, October 11, 2001 12:43 PM
To:	Denne, Karen
Subject:	RE: Conversation w/Jerry Hirsch of LA Times

deepthroat is rather provocative, don't you think?

Hey, whatever you're doing, keep it up!  I don't know how you moved the stock from 24 to 37, and I don't care.  Keep it up!

Best,
Jeff

 -----Original Message-----
From: 	Denne, Karen
Sent:	Thursday, October 11, 2001 12:42 PM
To:	Dasovich, Jeff
Subject:	RE: Conversation w/Jerry Hirsch of LA Times

so YOU'RE the unnamed source.  Should we call you Deepthroat?  :-) kd

 -----Original Message-----
From: 	Dasovich, Jeff
Sent:	Thursday, October 11, 2001 12:37 PM
To:	Kean, Steven J.; Shapiro, Richard; Denne, Karen; Palmer, Mark A. (PR); Kaufman, Paul; Mara, Susan; Steffes, James D.
Subject:	Conversation w/Jerry Hirsch of LA Times

FYI.  Hirsch apparently is a business reporter for the Times who got my name from people.  He's doing a story about the contracts.  Something like "they bought way too much for too high a price.  Now what?"  I told him that I would talk to him under the following conditions:

No attribution to Enron specifically
No attribution of the "unnamed sources" sort, "industry sources" or sort, etc.
If, when the story's further along, he wants to try to get a quote from us, I'd put him in touch with our PR folks.

We talked generally about DWR, the CA Power Authority, the contracts, the Edison deal with the PUC, etc.

More specifically, he asked me "are there any alternatives to deal with this mess."  I outlined the following proposal, which we've talked about internally, and which we've been quietly shopping behind the scenes.  I did not bring up the "green only" DA for small customers piece of the proposal (slipped my mind).

I also gave him names of other folks I thought he should talk to.  He said he might get back to me.  If he calls back, I'll let you know.

Please let me know if anyone has any concerns 1) about talking to him on a backgound only basis, and/or 2) the proposal outlined below. Thanks.

Best,
Jeff

**********************************************************************************************************
 -----Original Message-----
From: 	Dasovich, Jeff
Sent:	Tuesday, October 09, 2001 10:53 AM
To:	Shapiro, Richard; Steffes, James D.; Mara, Susan
Subject:

Rick:
Based on your voicemail, here's a quick-and-dirty synopsis of a proposal that I've been quietly discussing with a select few out here in California (e.g., John White, large customers).  It could include more bells and whistles, but the intent of this proposal is to get DA back as soon as possible.
**************************************************************************

Reduce DWR L-T contract volumes by at least 33-50%
To "back fill" increase in net-short created by contract reformation, permit noncore customers (20 KW and above) to elect to go DA to fill the position
DA provides a significantly more efficient hedge against price volatility than DWR contracts
Election is first-come, first-serve, capped at the aggregate net short position
Customers decision to go DA will constitute a 3-year commitment to stay DA (i.e., can't go back to IOU for 3 yrs; must stay in the market)
If a net short position remains after noncore customers have elected DA (i.e., not enough elect to fill the net short), then the IOUs will hold an auction to fill the net short
The auction would seek a portfolio of 3 month, 6 month, 1 year and 3 year deals (both peak and off-peak) to fill the net short.
Noncore customers choosing DA would not escape costs of DWR power consumed when the customer was receiving utility service (i.e., prior to electing DA)
Likewise, if the noncore customers choosing DA was a utility customer during the period when the utility accured its "undercollection," (i.e., when wholesale prices exceeded the retail cap), the customer would not escape those costs by virtue of electing DA status
Noncore customers would not bear responsibility for recovery of DWR L-T contracts.
Potential add-on to deal:  Core customers (less than 20 KW) could choose "green only" DA, but, like, noncore customers could not escape costs for which they are responsible.


We are pleased to present you with a 2001 Special Stock Option Grant Award.  As a participant in this grant you have the opportunity to share in the ownership of Enron and the potential profit from increases in the value of Enron's common stock.

The 2001 Special Stock Option Grant was made to let you know how valuable you are and to recognize your contributions in making Enron the great company it is today.   Although there are no guarantees as to Enron's future stock performance, we believe that an Enron stock option has tremendous future growth potential.  The value you ultimately receive from your options will depend on the price of Enron stock at the time you exercise your options.

You can access your 2001 Special Stock Option Grant Agreement and the Stock Plan document governing the grant via your eHRonline account on the intranet website at http://ehronline.enron.com.  Unlike stock options granted in the past a copy of your grant agreement will not be mailed to your home address.

Additionally, the following information regarding the 2001 Special Stock Option Grant can be found on the HR website http://hrweb.enron.com.

?	2001 Special Stock Option Grant Highlights
?	2001 Special Stock Option Grant Frequently Asked Questions (FAQs)
?	A "How to Exercise Options" document that contains contact information and PaineWebber forms applicable to your stock options

Please take time to review this material.  It is important to us and to you.  If you have any questions, please contact your Human Resources representative.


http://gasmsgboard.corp.enron.com/

http://gasfundy.corp.enron.com/gas/framework/default.asp

http://enaresearch.corp.enron.com/research/framework/default.asp


I was asked whether TW could install a stand-by compressor unit at the Gallup
station in the event the unit was down due to scheduled or unscheduled
maintenance.

All interstate pipelines with a blanket certificate are authorized to
install, operate, and remove "temporary" compression provided the temporary
facilities are not used to increase the volume or service above that rendered
by existing permanent unit(s). Temporary compression installed under this
authority can only be used when permanent horsepower is down for scheduled or
unscheduled maintenance.  I have reviewed this issue with legal and we agree
that stand-by compression would qualify under the "temporary compression"
regulations.

This authorization is restricted to the cost limitations of the automatic
blanket certificate of $7.3MM in 2000 (this includes the costs to acquire the
unit).   The cost limits under the blanket certificate are increased each
year.  Generally, the new limits are published in February an increase
approx. $100,000 each year).  Further, the certificate requires that the
"temporary facilities" meet a 55 dBA Ldn noise standard.

Please coordinate the installation of any temporary compression with the
certificate department .  Let me know if you have any questions or concerns.
Thanks MW


Lavo:

Attached are 3 org charts.  The first is our current structure, page 2 is what I would recommend to you and page 3 is the other practical alternative.

Please call me at 011-528-152-2401 if you have any questions.

There's no new info on my front, but I'll let you know as soon as I hear something either way.

Best regards - Max


[IMAGE]

?	?

		Dear Mike,

		California may see rolling blackouts again today, and ENL's Washington Bureau
Chief Jay Cranford may get to experience them firsthand.  Jay is in
Sacramento covering the meeting between Gov. Gray Davis and the CEOs of
several power providers.  This afternoon, Jay brought us an interview with
Gov. Davis' Press Secretary Steve Maviglio.  For those of you who missed the
4:00 p.m. EST broadcast, you can log onto ENL and find the full Maviglio
interview in the "Video Library."

		While Jay is still in Sacramento, ENL's Burke Moeller and Peter Cook are
holding down the fort in Washington, D.C.  Burke says the D.C. bureau is
waiting for the changes in Chairman Joe Barton's Electricity Emergency Relief
Act.  The bill calls for some measures in short-term relief, but doesn't
mention price caps on wholesale power.  The markup is scheduled for
tomorrow.  The Washington bureau is also keeping tabs on Secretary of Energy
Spencer Abraham as he testifies before the Senate Energy and Natural
Resources Committee.  These are just a few developing stories that the D.C.
bureau will be following tomorrow.

		We'll head south from D.C. to Houston where correspondent Kim Benestante
tomorrow is scheduled to speak with University of Houston professor Dr.
Barton Smith.  Dr. Smith will talk about cleaner-burning fuels and air
quality, and how Houston's energy economy is following national trends.
Another big story from Houston involves a breach of contract lawsuit against
IP Petroleum for failing to drill a well to a sufficient depth.  ENL talks
with attorneys about the case tomorrow.  Be sure to catch these and other
stories tomorrow from the Houston bureau.

		Houston's Gale Smith is heading for colder climates.  We're sending her to
Alaska for part of next week.  I'll bring you more details as they become
available.

		Keep in mind things are subject to change at a moment's notice. Occasionally
guests cancel or change time slots.  We'll continue to do our best to keep
you updated on future interviews and events.

		Keep it on energynewslive.com, for all your energy news. 	?
?						?
	?	View today's Energy Wrap  video: (Windows Media Player required)
		Broadband  (100k) ?| ?Dial-up  (56k)
		Get  Windows Media Player

		Experience all that Williams Energy News Live has to offer!

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weekdays, 7am-7pm CST.

		Copyright 2001 Williams Energy News Live, LLC. All Rights Reserved.


------------------------------------------------------------------------------
------------------------
W E E K E N D   S Y S T E M S   A V A I L A B I L I T Y

F O R

November 17, 2000 5:00pm through November 20, 2000 12:00am
------------------------------------------------------------------------------
------------------------

SCHEDULED SYSTEM OUTAGES:

ARDMORE DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages.

AZURIX: No Scheduled Outages.

EB34 DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages.

EDI SERVER: SEE ORIGINAL REPORT

EI: SEE ORIGINAL REPORT

ENRON NORTH AMERICAN LANS:  No Scheduled Outages.

FIELD SERVICES:  No Scheduled Outages.

INTERNET: No Scheduled Outages.

LOTUS NOTES: No Scheduled Outages.

MARKET DATA: No Scheduled Outages.

NT: No Scheduled Outages.

OS/2:  No Scheduled Outages.

OTHER SYSTEMS: SEE ORIGINAL REPORT

SITARA:  No Scheduled Outages.

SUN/OSS SYSTEM: No Scheduled Outages.

TELEPHONY: No Scheduled Outages

TERMINAL SERVER:  No Scheduled Outages.

UNIFY:
Impact:  CORP
Time:  Sat 11/18/2000 at  6:00:00 PM CT thru Sun 11/19/2000 at  8:00:00 AM CT
 Sat 11/18/2000 at  4:00:00 PM PT thru Sun 11/19/2000 at  6:00:00 AM PT
 Sun 11/19/2000 at  12:00:00 AM London thru Sun 11/19/2000 at  2:00:00 PM
London
Outage:  Unify
Environments Impacted:  Unify Users
Purpose: Rebuilding all the indexes and changing the number of partitions for
better performance
Backout: Restore from Backup
Contact(s):  William Mallary  713-345-3485
------------------------------------------------------------------------------
-------------------------------------------------------
FOR ASSISTANCE

(713) 853-1411   Enron Resolution Center
(713) 853-5536   Information Risk Management

Specific Applications Help:
Unify On-Call      (713) 284-3757  [Pager]
Sitara On-Call     (713) 288-0101  [Pager]
RUS/GOPS/GeoTools/APRS   (713) 639-9726  [Pager]
OSS/UA4/TARP    (713) 285-3165  [Pager]
CPR      (713) 284-4175  [Pager]
EDI Support      (713) 327-3893  [Pager]
All Other Systems    (713) 563-5797  [Pager]
      or (713) 563-5987  [Pager]


I don't know where your friend got his info from . . .

http://cbs.sportsline.com/u/ce/multi/0,1329,3369131_56,00.html


CALENDAR ENTRY:	APPOINTMENT

Description:
	Meet w/ Thomas

Date:		8/7/2000
Time:		3:30 PM - 4:30 PM (Central Standard Time)

Chairperson:	Outlook Migration Team

Detailed Description:


Start Date: 3/31/01; HourAhead hour: 7;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001033107.txt

---- Energy Import/Export Schedule ----
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 3/31/01
  TIE_POINT: SYLMAR_2_NOB
  INTERCHG_ID: EPMI_CISO_DFISH
  ENGY_TYPE: NFRM
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 3/31/01
  TIE_POINT: SLVRPK_7_SPP
  INTERCHG_ID: EPMI_CISO_DOG
  ENGY_TYPE: NFRM


Colleen, thank you so much for your very prompt attention to this.  I
definitely had the wrong version of the agreement.
Jeff confirmed by voice mail this morning that even though we already
included the 5.4 language in the draft we sent him back in March, he does
find it objectionable and will want to modify it, so he will be very
interested in seeing your suggested language too.

Please send your attachment "CalpineO&M 10-18-00 edits to draft03-20-00".

Again, thank you so much for your help with this.  (Calpine has finally woken
up and realized they want this in place Nov. 1...)
I will let you know how negotiations are shaping up.

Colleen Raker
10/18/2000 07:35 PM
To: Susan Scott/ET&S/Enron@ENRON
cc:

Subject: Draft- Operating Agreement

Attached below is Jeff Fawsett's  3/22/00 note to Calpine with TW's 3/20/00
draft of the Operating Agreement .  What changes if any did Calpine require
to this draft?  Please note that Section 5.4 of the attached 3/20/00 draft is
substantively identical to my further-revised Section 5.4 (with subsections A
and B) that I forwarded to you a few days after Jeff's note to Calpine.

 From our meeting this morning I understand that Jeff appears adverse to
Transwestern's claiming zero financial responsibility for damages to
Calpine's Measurement and Control Facilities that result from TW's O&M
Services.  Consequently, I made some modifications to Articles 4 and 5 of the
3/20/00 draft for TW management's consideration.  These changes are noted in
the attached document marked "CalpineO&M 10-18-00 edits to draft03-20-00".
With my 10-18-00 revisions, TW places a limit on its liability to Calpine for
loss or damage incurred by Calpine due to TW's Services, including loss or
damage to the existing M&C Facilities,  if and to the extent damage is caused
by TW's negligent acts or omissions.  To complete my modification to Section
5.3, TW is to insert the maximum aggregate amount of financial liability it
is willing to assume in any contract year.  This amount could be the amount
of Calpine's deductible on its property insurance coverage or a lesser
amount.  Whatever the amount chosen, please remember that TW is self-insured
for the first $2M, each occurrence.  Therefore, what is the amount of risk
that TW is willing to pay out of its earnings if Calpine claims damage to its
existing Facility due to TW's negligent operations?  That is the amount to
insert in the blank space in Section 5.3.

FYI, the changes in Sections 3.1 and 4.1 (b) and (c), and the striking of
Section 4.1 (d) do not create any substantive changes to the 3/20/00 draft.
I  made the latter changes for stylistic reasons and to correct typos and
redundancies.  Please call me if you have any questions and to let me know
the status of this document.  I have lost track of my notes on the status of
TW Operations' review and approval of the list of Services included in
Exhibit B; this needs to be determined by Jeff (or his designee) before the
final definitive agreement is prepared for signing.

---------------------- Forwarded by Colleen Raker/ET&S/Enron on 10/18/2000
06:34 PM ---------------------------

Jeffery Fawcett
03/22/2000 12:26 PM
To: chadd@calpine.com
cc:  (bcc: Colleen Raker/ET&S/Enron)

Subject: Draft- Operating Agreement

Chad,
Sorry it took so long to get back with you, but we've had some folks out
(including me) on Spring Break with their kids.  Attached is a draft of the
Operating Agreement covering TW's operation of the metering station.  It's
pretty much a standard form agreement for TW, with the possible exception of
the exhibit defining the operating parameters of the South Point plant.  As I
mentioned to you in our meeting in Pleasanton, the operating parameters
exhibit is a useful tool for both companies to assist in identifing some of
the operating conditions the plant might encounter and the ability of TW to
load follow those conditions.  I made a number of assumptions regarding the
burn rates for your facilities, especially the base rate and minimum rates.
You'll likely have to fine tune those numbers.   Also, I've yet to ask our
engineers to secure the documentation necessary to complete Exhibit "A" from
your 3rd party engineers.  We'll include it in the final version.  Please
give me a call after you and your team has had a chance to review.  Thanks.


	<title>Tip of Day Newsletter</title>

								Too Good

						Don't feel bad about feeling full this Thanksgiving.

A recent study revealed that practicing a high level of dietary restraint, such as never allowing yourself to become full when you eat, may lower bone mineral content over time. Of course, this doesn't give you license to stuff yourself, but you don't have to habitually go "underboard" either to stay in good health.

								RealAge Benefit: Getting the proper amount of calcium and vitamin D daily can make your RealAge as much as 1.1 years younger.

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													Thursday,  November 22

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I sent the resume to Michelle Cash, who now heads up recruiting.

	Tana Jones
	01/02/2001 09:06 AM

		 To: Richard B Sanders/HOU/ECT@ECT
		 cc: Shari Stack/HOU/ECT@ECT, George Hope/HOU/ECT@ECT
		 Subject:

Richard,

Below is the resume of a friend of George Hope, a member of the Online Team.
As head of legal recruiting, if it meets the needs of any particular group,
please pass it on.
----- Forwarded by Tana Jones/HOU/ECT on 01/02/2001 09:04 AM -----

	George Hope
	01/02/2001 08:58 AM

		 To: Shari Stack/HOU/ECT@ECT
		 cc: Tana Jones/HOU/ECT@ECT
		 Subject:

Shari,
 I hope that you had a good holiday. This resume is a very good friend of
mine who wants to get on here at Enron and I wanted
to forward her resume on to you. I was hoping you could take a look and let
me know if you have any needs in your group or if you could
recommend that I send it to any other groups. I have spoken to Tana Jones who
said that she has no needs at this time, thank you for your
time.
 George Hope


you got that right...earplug city!

	From:  Clint Dean @ ENRON                           05/09/2001 09:50 AM

To: Stephanie Piwetz/HOU/ECT@ECT
cc:
Subject: Re:

I feel my head pounding just thinking about it.

Stephanie Piwetz @ ECT   05/09/2001 09:48 AM

To: Clint Dean/Corp/Enron@ENRON
cc:

Subject: Re:

and you are going to miss them?

	From:  Clint Dean @ ENRON                           05/09/2001 09:21 AM

To: Stephanie Piwetz/HOU/ECT@ECT
cc:
Subject:

This Saturday night Vallejo plays at the Engine Room.


Don,

AEP has informed us over the past couple of nights that they MUST HAVE tag numbers in order to do next day checkouts.  They claim that this has always been the case but we know that in the past we have not needed the tag #'s in order to check out. It appears AEP enjoys being difficult.  So it looks like going forward we will need tag numbers from the schedulers in order to check our properly with AEP.

Seely


Cathy:  slight wording change from Rick Causey:  add words at beginning of
third sentence in italics and drop the phrase "on accounting issues and
reporting earnings" at the end of that third sentence.  Thanks.  Clear as
mud?  --Sally

 Brent Price will be joining Enron Global Markets as Vice President of
Operations and Chief Accounting Officer.  He will report to the EGM Office of
the Chairman, and to Sally Beck, Vice President of Global Risk Management
Operations.  In his role as Chief Accounting Officer, Brent will also report
to Rick Causey, Executive Vice President and Chief Accounting Officer for
Enron Corp.  Reporting to Brent in his new position will be Sheila Glover,
business controller for Global Financial Products;  Todd Hall, business
controller for Weather; and Scott Earnest, business controller for Global
Products and Coal.  In addition, Tom Myers has joined Brent's management team
as Director of Accounting.  Brent and his team are responsible for all
accounting, risk reporting and trading operations for all the businesses
within EGM.


"paulhastings.com" made the following annotations on 03/25/01 16:38:42
------------------------------------------------------------------------------
NEW E-MAIL ADDRESSES AT PAUL, HASTINGS, JANOFSKY & WALKER LLP

We have changed our e-mail address.  Our new domain name is
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conventional first name and last name plus @paulhastings.com.  Here are
two examples: janesmith@paulhastings.com and danjones@paulhastings.com.
If you have any questions, please contact us at noc@paulhastings.com.

==============================================================================
"The information transmitted is intended only for the person or entity
to which it is addressed and may contain confidential and/or privileged
material. Any review, retransmission, dissemination or other use of, or
taking of any action in reliance upon, this information by persons or
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received this in error, please contact the sender and delete the
material from all computers."

==============================================================================

Attached is a  revised draft of the Exclusivity Letter marked to show the
changes we  discussed.? Please contact me with any questions or  comments.

************************************************
Jeremiah A. DeBerry, Esq.
Paul Hastings Janofsky & Walker  LLP
399 Park Avenue
New York, New York 10022
Phone: (212) 318-6458
Fax:???? (212)  319-4090
?
 - Exclusivity Letter1.DOC


Dear Randy,  We're going to make it through the winter - the North American Electric Reliability Council released its Winter Assessment on Tuesday, reporting that generating supply should meet or exceed estimated energy consumption.  The Washington bureau will take a closer look at the assessment on Wednesday.   On Wednesday, Interior Secretary Gale Norton talks about the upcoming Lease Area 181 sale.  Secretary Norton believes there's still great interest in the sale despite the reduction in size of the lease area.  The sale is scheduled to take place in New Orleans on December 5.   The FERC announced sweeping changes on Tuesday in how it looks at the issue of market power.  The changes could have a big impact on major power generators.  We'll have reaction from the Washington bureau on Wednesday from Megawatt Daily Editor Michael Lustig and Electric Power Supply Association President Lynne Church.  Lustig joins us during the 9:00 a.m. ET newscast and Church is stopping by at  10:00 a.m. ET.   ENL's Kym McNicholas will also have reaction to Tuesday's FERC ruling.  On Wednesday, she'll bring us comments from Mirant, the California Department of Water Resources and the California ISO.  And during the 1:00 p.m. ET newscast, Independent Energy Producers Association State Policy Manager Katie Kaplan will join us from the West Coast bureau to give us her take on the FERC's actions.   Texas Natural Resource Conservation Commission Regional Manager Leonard Spearman is stopping by the Houston bureau on Wednesday. He'll talk about the TNRCC's role in strengthening homeland security at Texas petrochemical plants and refineries.  Catch the Spearman interview during the 3:00 p.m. ET newscast tomorrow.   The Houston bureau will also bring us a new twist in the search for alternatives to MTBE.  Chris Paschall of Industry Information Resources will talk about the possibility of making ethanol out of wine vines - potential good news for California.  Join us from Houston on Wednesday.   Broadcasting Note: Reminder - since the markets are closed, we'll be dark on Thursday and Friday.   Wrap Note: We're adding some of the day's commodity settles to the Wrap.  Here you go!   Closing Prices for Nov. 20, 2001:   Crude:  $19.15  Unleaded:  $.5281  Heating Oil: $.5376  Natural Gas: $2.852   Keep in mind things are subject to change at a moment's notice. Occasionally guests have to cancel or change time slots.  We'll continue to do our best to keep you updated on future interviews and events.     Be sure to watch our newscasts every business day - 9 a.m. to 5 p.m. ET, at the top of each hour.

	 	Jay Rickerts, EnergyNewsLive.com Anchor  View today's Energy Wrap Video Windows Media Player: 56K  |  100K  |  300K  Real Player: 56K  |  100K  |  300K  (Requires Windows Media Player or Real Player )   Experience all that Williams Energy News Live has to offer!   If you are receiving this letter for the first time and wish to continue, subscribe now    To stop receiving this letter, unsubscribe now    If you are having trouble receiving this e-mail, please let us know  or  call (800) WILLIAMS (800-945-5426) weekdays, 7am-7pm CST.    Comments? Suggestions? Let us  know  or  call (800) WILLIAMS (800-945-5426) weekdays, 7am-7pm CST.    Copyright 2001 Williams Energy News Live, LLC. All  Rights Reserved.


Was curious if you heard anything further on this?  I haven't called again.
Debating whether I should.

Any plans to go up to Estes anytime soon?

	Sharon Snyder <ssnyder@shelton.org>
	10/12/2000 02:54 PM

		 To: Gerald.Nemec@enron.com
		 cc:
		 Subject: Fwd: Re: Picture night!

>X-Sender: awukasch@mail.shelton.org
>Date: Thu, 12 Oct 2000 14:08:13 -0500
>To: Sharon Snyder <ssnyder@shelton.org>
>From: Ann Wukasch <awukasch@shelton.org>
>Subject: Re: Picture night!
>
>I know she wants to meet him!  I'm surprised she didn't call
>back....I'm not making excuses for her - but she does get super busy
>at work - like I'm sure Will did when he worked for V&E - she pulls
>all nighters and all that.  Yes, I'll call her tonight and tell her
>to be expecting a call.  The best place to catch her is probably at
>work.

--
Sharon Snyder
ssnyder@shelton.org