Jim,

 I have added my comments to your draft.  My concern with the "Adopt PJM"
approach is that it will become a fiat accompli with regard to congestion
management. and the nature of future transmission rights.  Once adopted as
the standard, nothing else will be accepted and any move to a decentralized
approach is highly unlikely.  Unlike the British, we have a hard time
changing horses because of our multi-jurisdictional Federal system of
government.

 The PJM's lack of a secondary FTR market is more that just an allocation
problem.  If that were true, they New York would have a secondary market --
none exists there either.  The unpredictability of prices is probably the
biggest problem since no one knows how to value FTRs or TCCs.  I think the
nature of instrument is also not particularly helpful.

 During our discussion of Seabron Adamson's last draft, I maintained that a
centralized unit commitment process didn't fit the Pacific Northwest (PNW)
with its pattern of trading to achieve coordination between hydroelectric and
thermoelectric generation.  You asked me to provide more detail hydro-thermal
operation.  I am including a paper that covers the nature of PNW operations
and contracting with observations about the nature of unit commitment.  Given
other work and travel, it has taken some time to complete the paper and its
examples.  I hope this will help to explain why I am hesitant to endorse a
centralize unit commitment implementation.

Steve

	James D Steffes@ENRON
	06/18/2001 01:48 PM

		 To: Steven J Kean/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron, Christi L
Nicolay/HOU/ECT@ECT, Sarah Novosel/Corp/Enron@ENRON, Steve Walton/HOU/ECT
		 cc:
		 Subject: INTERIM MODEL TALKING POINTS

Here is the draft of an Interim step for Enron to give to Lay.  Please give
me your comments.  This is CONFIDENTIAL and should not be shared outside the
company.

Jim


Tried to catch you this afternoon, but I know that you are probably tied up
with quarter end issues.  I just wanted to follow up on several things:

1)  Memo on Brent's role:  Have you had a chance to take another look at the
draft that  we looked at last week?  I think that you thoughts were to send
it out next week, which would be a week before Brent's expected start date on
April10.

2)  Have you heard anything from Barry this week on his impressions of
Tokyo?  How about Jo?

3)  I had a brief conversation with Ted Murphy yesterday during a break in an
offsite meeting with AA on our 2000 internal audit plan.  He brought up the
subject of Barry's potential role in Japan, and stated that he saw that as a
good fit and a good opportunity for a new assignment for Barry.  Short, but
positive; nothing negative.

4)  Did you make it over to Chicago for the AA meeting?  I spent some time
with Wes this morning, but forgot to ask him if you were there?  I you were,
then I am sure that you are really swamped today.

5)  Todd Hall has been working with James New in your office since Monday of
this week.


Jeff:

We'll complete the draft CPUC sales report you faxed.  It looks like it
should be mostly "zero's" for this period - you could not have sales
already in California, correct?

And to confirm our conversation of Thursday, we are to recommend ICAs
for Pacific and for GTE/Verizon.   Enron can generally pick & choose
whole sections too.

In Arizona, a state Court of Appeals recently issued an opinion, FYI,
which requires specific fare market price setting prior to grants of
CPCN authority and this has delayed many Applications pending there. I
will check with Anita on the status of Enron in Arizona.

We also drafted several Customer Notices to be submitted to the CPUC
with the latest tariffs and will send you copies prior to filing.

Please let us know any questions,

Jeremy
Blumenfeld & Cohen


Here is a draft of the rebuttal testimony of Paul Amirault, exhibit 16.
Please provide comments by the close of business tomorrow-Wednesday. Thank
you, Mike Day

 <<x12834.doc>>

 - x12834.doc


George,

I am back in the office and ready to focus on the project.  I still have the
concerns that I had last week.  Specifically that the costs of our project
are too high.  I have gathered more information that support my concerns.
Based on my research, I believe the project should cost around $10.5
million.  The components are as follows:

 Unit Cost, Site work, &
 builders profit($52/sf)   $7.6 million

 Land      1.15

 Interim Financing     .85

 Common Areas       .80

 Total     $10.4

Since Reagan's last 12 units are selling for around $190,000, I am unable to
get comfortable building a larger project at over $95,000/unit in costs.

Also, the comps used in the appraisal from Austin appear to be class A
properties.  It seems unlikely that student housing in San Marcos can produce
the same rent or sales price.  There should adjustments for location and the
seasonal nature of student rental property.  I recognize that Sagewood is
currently performing at occupancy and $/foot rental rates that are closer to
the appraisal and your pro formas, however, we do not believe that the market
will sustain these levels on a permanent basis.  Supply will inevitablely
increase to drive this market more in balance.

After the real estate expert from Houston reviewed the proforma and cost
estimates, his comments were that the appraisal is overly optimistic.  He
feels that the permanent financing would potentially be around $9.8 million.
We would not even be able to cover the interim financing.

Keith and I have reviewed the project thoroughly and are in agreement that we
cannot proceed with total cost estimates significantly above $10.5 million.
We would like to have a conference call tomorrow to discuss alternatives.

Phillip


Vince,

more fuel for our discussion with John Sheriff today,

Mike
---------------------- Forwarded by Mike A Roberts/HOU/ECT on 04/25/2001
05:44 AM ---------------------------

	Enron North America Corp.

	From:  Stephen Bennett @ ENRON                           04/25/2001 04:05 AM

To: Jose Marquez/Corp/Enron@ENRON, Mike A Roberts/HOU/ECT
cc: Tony Hamilton/EU/Enron@Enron
Subject: Softs (Ag) Support

Hi Guys,

I thought I would quickly update you on a few meetings we've had with the ag
folks here over the past 2 days.  They are extremely interested in weather
support and appear to be our most enthusiastic customer group to date.  A
summary:

1) They are interested in Cocoa, Coffee and Sugar.  Specifically:
 Brazil:  Londrina, Bauru, Lavras   (All WMOs available in Accuweather)
 Vietnam:  Kentum, Dalat (No data immediately evident)
 Ivory Coast:  Man, Gagnoa (WMOs in Accuwx)
 Indonesia:  Sumatra-Kotubumi, Sulawesi-Dolo (No data immediately evident)

2) They are specifically interested in event spikes - extreme temperature,
precipitation or wind.  They are also interested in any trend information we
can devise.  Links between ENSO or other large scale oscillations that could
have long range effects.  Tony has already given their group a 101 course on
ENSO and its impacts on these areas.

3) They would eventually like daily AM briefings - along with a daily product
related to their market (ie precip/temp graphs etc)

4) They do not begin actually trading for another 6 to 8 weeks - so we have
some time to experiment with the type of support that fits them best.

Tony and I agree that we would like to brainstorm this a bit with you guys to
see what exactly can be produced daily - as efficiently as possible.  We
should be able to add any lat/long points we want to the list of
international cities streaming through from the MRF/AVN/ECMWF from EarthSat.
The problems here would be the models' problems handling tropical weather
along with specific local effects - especially in Indonesia.

Let's talk about this at some point and get our thoughts together.

Steve


A few changes have been made to the Second Quarter schedule.  Please let me
know if you have any questions.

Thanks,
Joannie
3-6021

Monday, July 24
 Release Earnings
 Depart for New York (approx. 5:00 p.m.)

Tuesday, July 25 - New York
 Analyst Meetings
 Depart for Boston (approx. 6:00 p.m.)

Wednesday, July 26 - Boston
 Analyst Meetings
 Depart for Houston (approx. 5:00 p.m.)

Friday, July 28 - Houston
 8:00 a.m. Analyst Meeting


We need to remember to terminate the status of this agreement in Lotus Notes

Sara Shackleton
Enron Wholesale Services
1400 Smith Street, EB3801a
Houston, TX  77002
Ph:  (713) 853-5620
Fax: (713) 646-3490


Peter, I hate to say, but I had the same thought earlier this morning.  Is
there not one thing we can do in this country without having a lawyer in the
middle of it.  We've all lost our common sense and direction.

It sure makes for good TV, though!  I sat all last night flipping from news
station to news station getting their spin on what's going on.  I can't say
I've ever paid this much attention to a presidential election before.  I've
been telling everybody your spin on the electoral college and the 3 party
system.  That was a good thought.

	Peter Keohane
	11/09/2000 04:37 PM

		 To: Tana Jones/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT
		 cc: Jon Chapman/LON/ECT@ECT
		 Subject: The Stae of a Nation

Congratulations.  It is now official.  The media and trial lawyers officially
govern the United Staes of America.  (I suppose it could be worse.  You could
live in the Peoples Republic of Canada, or have some appendage to an armbag
running the show.)


Content-transfer-encoding: 7bit
Return-path: <order@merryedwards.com>
Received: from mta1.rcsntx.swbell.net (mta1-pr.rcsntx.swbell.net) by
sims1.rcsntx.swbell.net (Sun Internet Mail Server
sims.3.5.2000.01.05.12.18.p9) with ESMTP id
<0G4P002ZS03ITB@sims1.rcsntx.swbell.net> for sshackl@sims-ms-daemon; Mon, 27
Nov 2000 10:50:07 -0600 (CST)
Received: from email-cat.net10.net ([216.174.248.5]) by
mta1.rcsntx.swbell.net (Sun Internet Mail Server
sims.3.5.2000.01.05.12.18.p9) with ESMTP id
<0G4P00ANZ00CWS@mta1.rcsntx.swbell.net> for sshackl@Sims1.rcsntx.swbell.net;
Mon, 27 Nov 2000 10:48:18 -0600 (CST)
Received: from [216.126.134.202] by email-cat.merryedwards.com (NTMail
6.00.0014/KW8705.00.ff48bc8c) with ESMTP id rovgdaaa for sshackl@swbell.net;
Mon, 27 Nov 2000 08:50:37 -0800
Date: Mon, 27 Nov 2000 08:13:26 -0800
From: Merry Edwards wines <order@merryedwards.com>
Subject: Re: shipping
To: sshackl@swbell.net
Message-id: <002001c0588d$151059c0$a74efea9@merry>
MIME-version: 1.0
X-Mailer: Microsoft Outlook Express 5.00.2615.200
Content-type: text/plain; charset="iso-8859-1"
X-MSMail-Priority: Normal
X-MimeOLE: Produced By Microsoft MimeOLE V5.00.2615.200
References: <3A1ED44F.60AC03BF@swbell.net>
X-Priority: 3
X-Mozilla-Status2: 00000000

We can ship through a special shipper. We need to charge Calif sales tax of
7.5%.  we have Russian River magnums available at $75 each.Please call
888-388-9050 for shipping costs.   Thanks Jackie
Meredith Vineyard Estate, Inc.
8132 Speer Ranch Road
Forestville, CA  95436
P: (888) 388-9050
F: (707) 877-0322
orders@merryedwards.com
----- Original Message -----
From: <sshackl@swbell.net>
To: <order@merryedwards.com>
Sent: Friday, November 24, 2000 12:49 PM
Subject: shipping

> Hi.  I tasted your wine in Houston (Dan Lyons visited your winery
> several months ago) and loved it.  I have two questions:  (1)  Can you
> now ship to Louisiana which I understand is a "permit state"? and (2)
> tell me about your magnums and pricing.  I look forward to hearing from
> you.  Thanks.  Sara Shackleton
>


what about PrimeTrade (which is owned by CSFB)?

	Stephanie Panus@ENRON
	10/23/2000 08:44 AM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: Re: CSFB

There is no signature block for CSFB, only ENA.

From: Sara Shackleton@ECT on 10/23/2000 08:25 AM
To: Stephanie Panus/NA/Enron@ENRON
cc:

Subject: Re: CSFB

Sorry to be so picky here, but do we also have CSFB's signature?

	Stephanie Panus@ENRON
	10/20/2000 03:30 PM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc: Samantha Boyd/NA/Enron@Enron
		 Subject: Re: CSFB

Sara -

We do have an executed agreement.

From: Sara Shackleton@ECT on 10/20/2000 11:55 AM
To: Samantha Boyd/NA/Enron@Enron, Stephanie Panus/NA/Enron@Enron
cc:

Subject: CSFB

Sam/Stephanie:  Do we have an executed version for Global Contracts and our
files?


Click here: Official Athletic Site, Oklahoma Sooners

This is interesting -- hadn't seen this chart in the press -- shows votes by
region -- you can see the west favorites us -- but the others....? ?Big 12
should have showcased OU and #14 more --- I think they were happy OU did what
they did, but the "days gone by when they all were jealous of OU' probably
still lingered in the Big 12 former Big 8 offices..........

If this doesn't open up to "regional vote" --look for a link titled something
like that....

Kenny


Steve: Per your instructions, Chris and I met and discussed your comments
last week regarding the Fontheim proposal to provide representation to Enron
at the rate of $10,000 per month plus expenses (these should be quite
minimal) from date of execution through the balance of the year.

Claude Fontheim is well known in Washington and did serve in a trade capacity
early in the Clinton Administration. Chris and I have know two of his
operatives Sally Painter and Ken Levinson for several years. Sally was the
deputy director of the DOC business liason office and later with Tenneco and
Ken was legislative director to Senator Rockefeller. We believe they have a
good reputation and provide professional representation of the highest
quality.

While their strength as Chris and I see it is there relationships in the
Clinton-Gore White House, they are particularly close to the New Democrats
(trade and commerce supporters in Congress) and have good ties into the
environmental community. They have made various suggestions to us in the past
and offered advice both of which have been useful to Enron. Therefore, while
we have been discussing their value in our desire to have good ties with the
Gore organization which they have, Chris and I also see value they can bring
to other issues of importance to Enron including the electricity
restructuring legislation.

We recommend them and await your decision.

Joe


TODAY'S HEADLINES
The New York Times on the Web
Thursday, October 25, 2001
------------------------------------------------------------
For news updated throughout the day, visit www.nytimes.com

QUOTE OF THE DAY
=========================
"I know a couple of sports fans; regardless of the tragedy,
they still don't want the Yankees to win. I said, 'Come on,
lighten up.' I think New York needs a lot of loving right
now."
-AL JOHNSON, a Red Sox fan, on rooting for the Yankees.

http://www.nytimes.com/2001/10/25/sports/baseball/25FANS.html?todaysheadlines

NATIONAL
=========================
Anthrax Checks Widen as Officials Admit Error

The postmaster general acknowledged that he could not
guarantee the safety of the mail, and President Bush warned
that the nation was "still under attack."
http://www.nytimes.com/2001/10/25/national/25ANTH.html?todaysheadlines

-----

As Investigation Churns, More Attacks Are Expected

Law enforcement officials said that they believed additional
anthrax attacks were a virtual certainty.
http://www.nytimes.com/2001/10/25/national/25INQU.html?todaysheadlines

-----

Police Make Arrests in a Rash of Anthrax Hoaxes

People in Kentucky, Pennsylvania, Michigan and Tennessee
were arrested on charges they perpetrated anthrax hoaxes.
http://www.nytimes.com/2001/10/25/national/25HOAX.html?todaysheadlines

-----

MORE NATIONAL NEWS:
http://www.nytimes.com/pages/national/index.html?todaysheadline

/--------------------- ADVERTISEMENT ---------------------\
A New Way To Enjoy A New York Times Best Seller!

Audible lets you listen to a best seller - anywhere and any
time you want!  Choose from Stephen King, Anne Rice, Jonathan
Franzen, Stephen E. Ambrose, John Grisham, John Irving, Jack
Welch, David McCullough, Robert Ludlum, Nicholas Sparks or
thousands of other bestselling authors.  Your first selection
is just $1.95.

http://ads.nytimes.com/RealMedia/ads/click_lx.ads/email.nytimes.com/todaysheadlines/text/5242/Position3/th-audible60/audibletext1025.html/?_RM_REDIR_=http://www.audible.com/nyt/special18
\---------------------------------------------------------/

INTERNATIONAL
=========================
British Commander Calls Long Ground Raids Likely

Britain's top military officer said Wednesday that ground
troops may have to operate in Afghanistan for weeks at a
time if they are to ferret out Osama bin Laden.
http://www.nytimes.com/2001/10/25/international/asia/25MILI.html?todaysheadlines

-----

Long Before War, Green Berets Built Military Ties to
Uzbekistan

A program in which Green Berets train troops in Uzbekistan
has blossomed into the large-scale American deployment of
special forces units and aircraft.
http://www.nytimes.com/2001/10/25/international/asia/25UZBE.html?todaysheadlines

-----

Naming of Hijackers as Saudis May Further Erode Ties to U.S.

Fifteen of the 19 men who hijacked four airplanes on Sept.
11 were from Saudi Arabia, federal authorities said, a
disclosure likely to complicate diplomatic relations.
http://www.nytimes.com/2001/10/25/international/25SAUD.html?todaysheadlines

-----

MORE INTERNATIONAL NEWS:
http://www.nytimes.com/pages/world/index.html?todaysheadline

BUSINESS
=========================
Bush Advisers Press for Help for Insurance Industry

President Bush's advisers said the nation would face an
economic crisis if Congress failed to guard the insurance
industry against losses from future terrorist attacks.
http://www.nytimes.com/2001/10/25/business/25INSU.html?todaysheadlines

-----

Some Suppliers Say Kmart Has Pressed for Deals

Kmart has been pressuring some companies that supply its
jewelry, food and other products to give it cash back and
make other concessions to help its own bottom line.
http://www.nytimes.com/2001/10/25/business/25SHOP.html?todaysheadlines

-----

Bayer Agrees to Charge Government a Lower Price for Anthrax
Medicine

Federal health officials and executives of Bayer A.G.
reached an agreement that would nearly halve the price that
Bayer charges the government for its anthrax medicine,
Cipro.
http://www.nytimes.com/2001/10/25/business/25BAYE.html?todaysheadlines

-----

MORE BUSINESS NEWS:
http://www.nytimes.com/pages/business/index.html?todaysheadline

TECHNOLOGY
=========================
Driving Windows XP to Market

Colleagues say Chris Jones, the Microsoft employee who led
the army that designed the new Windows XP, is a good
manager and leader, respected and fair.
http://www.nytimes.com/2001/10/25/technology/25SOFT.html?todaysheadlines

-----

It's the Cars, Not the Tires, That Squeal

More devices are gathering data while you drive, offering
convenience, and potentially evidence, too.
http://www.nytimes.com/2001/10/25/technology/circuits/25CARR.html?todaysheadlines

-----

A Gadget Inadvertently Saves MiniDiscs From the Scrapheap

An odd thing happened to the MiniDisc player on its tumble
toward the ash heap of failed electronic products. The
devices, developed by Sony, began getting popular. Very
popular.
http://www.nytimes.com/2001/10/25/technology/circuits/25MINI.html?todaysheadlines

-----

MORE TECHNOLOGY NEWS:
http://www.nytimes.com/pages/technology/index.html?todaysheadline

POLITICS
=========================
Terror Bill Clears House; Moves to Senate

The House overwhelmingly passed sweeping antiterrorism
legislation including new attacks on money laundering.
http://www.nytimes.com/2001/10/25/national/25CONG.html?todaysheadlines

-----

Divided House Approves Economic Recovery Plan

Saying business tax breaks are the best way   to revive the
economy, Republicans muscled their version of an economic
recovery plan through the House.
http://www.nytimes.com/2001/10/25/national/25STIM.html?todaysheadlines

-----

In Anthrax Crisis, Health Secretary Finds Unsteady Going

Tommy G. Thompson, the secretary of health   and human
services, has had a rocky start in obtaining and
disseminating information on anthrax.
http://www.nytimes.com/2001/10/25/national/25THOM.html?todaysheadlines

-----

MORE POLITICS NEWS:
http://www.nytimes.com/pages/politics/index.html?todaysheadline

SPORTS
=========================
Mussina Tapped for Game 1 Start

Yankees manager Joe Torre picked Mike Mussina to start Game
1 of the World Series against Arizona's Curt Schilling.
Andy Pettitte will start Game 2 against Randy Johnson.
http://www.nytimes.com/2001/10/25/sports/baseball/25YANK.html?todaysheadlines

-----

Diamondbacks Give Anderson Surprise Start

Left-hander Brian Anderson made only two starts in September
after his demotion to the Diamondbacks' bullpen, but he
will start Game 3 for Arizona.
http://www.nytimes.com/2001/10/25/sports/baseball/25ARIZ.html?todaysheadlines

-----

Chrebet Will Not Play Sunday

Wayne Chrebet, who has missed only five games in his career,
will sit out Sunday's game against Carolina with the
lingering effects of a concussion he suffered against
Miami.
http://www.nytimes.com/2001/10/25/sports/football/25JETS.html?todaysheadlines

-----

MORE SPORTS NEWS:
http://www.nytimes.com/pages/sports/index.html?todaysheadline

ARTS
=========================
Competing Plans Hope to Shape a Trade Center Memorial

Since the World Trade Center attack on Sept. 11 there have
been no shortage of ideas for a memorial for the thousands
of people who died there.
http://www.nytimes.com/2001/10/25/arts/25MEMO.html?todaysheadlines

-----

Several Orchestras in Trouble Financially

Two major symphony orchestras are on the brink of bankruptcy
while a third is projecting deficits for the first time in
15 years.
http://www.nytimes.com/2001/10/25/arts/music/25ORCH.html?todaysheadlines

-----

Ballet Theater Opens a Visit With Samples And Spirit

American Ballet Theater opened its fall season on Tuesday
night with a cheerful romp through a collection of ballets
that offered a "taster's menu" of the season's repertory to
come.
http://www.nytimes.com/2001/10/25/arts/dance/25GALA.html?todaysheadlines

-----

MORE ARTS NEWS:
http://www.nytimes.com/pages/arts/index.html?todaysheadline

NY REGION
=========================
5 Die as Scaffolding Collapses at Manhattan Office Building

Five construction workers were killed and 10 others were
injured when a scaffolding collapsed at a Manhattan office
building on Wednesday.
http://www.nytimes.com/2001/10/25/nyregion/25COLL.html?todaysheadlines

-----

Official Toll Varies in Trade Center Losses

The organizations feared to have lost the most people in the
trade center collapse have finished their count, but the
total comes to only 2,445, far less then the estimate kept
by the city.
http://www.nytimes.com/2001/10/25/nyregion/25NUMB.html?todaysheadlines

-----

As Time Runs Low, Bloomberg Runs Rough

Republican candidate for mayor Michael R. Bloomberg is
encountering repeated difficulties as he moves in to the
final phase of his campaign.
http://www.nytimes.com/2001/10/25/nyregion/25MAYO.html?todaysheadlines

-----

MORE NY REGION NEWS:
http://www.nytimes.com/pages/nyregion/index.html?todaysheadline

OP-ED
=========================
Bush's Mideast Charade
By WILLIAM SAFIRE
The Bush administration   knows full well that Israel cannot
  turn the other cheek when one of its   cabinet ministers
is assassinated.
http://www.nytimes.com/2001/10/25/opinion/25SAFI.html?todaysheadlines

-----

Collateral Damage
By BOB HERBERT
Even as the   grieving continues for the many who   died,
the city has to confront economic consequences that could
undo the   progress of the past several years   and usher
in a long period of decline.
http://www.nytimes.com/2001/10/25/opinion/25HERB.html?todaysheadlines

-----

Windows of Opportunity
By ROBERT X. CRINGELY
Windows XP is a new operating system, but Microsoft's agenda
is the same: total domination over the world of personal
computing.
http://www.nytimes.com/2001/10/25/opinion/25CRIN.html?todaysheadlines

-----

MORE OP-ED  NEWS:
http://www.nytimes.com/pages/opinion/index.html?todaysheadline

HOW TO CHANGE YOUR SUBSCRIPTION
------------------------------------------------------------
You received these headlines because you requested The New
York Times Direct e-mail service. To cancel delivery,
change delivery options, change your e-mail address or sign
up for other newsletters, see http://www.nytimes.com/email.
Check or uncheck the headlines you would like to receive
and remember to go to the bottom of the page and click on
"Save Selections." To change your e-mail address, go to our
help center: http://www.nytimes.com/help.  Suggestions and
feedback are welcome at feedback@nytimes.com.

Please include the following ID number when writing to
feedback@nytimes.com so that we can track any reports of problems:
1120577

HOW TO ADVERTISE
------------------------------------------------------------
For information on advertising in e-mail newsletters or
other creative advertising opportunities with The New York
Times on the Web, please contact Alyson Racer at
alyson@nytimes.com or visit our online media kit at
http://www.nytimes.com/adinfo


6/7/2001 Thurs

Notice: If any clients or potential clients that are getting duplicate e-mails just reply to this, and let us know and we will remove the extra recaps. If anyone feels that they may be
receiving these in error please kindly reply to have you removed from the list and we are sorry for any trouble we caused you.

IF ANYONE WHO DID NOT GET THE "PDF" FILE ATTACHMENT SHOWING THE THREE YEAR
LONG TERM NUMBERS AND FULL CFTC DISCLOSURE DOCUMENT PLEASE E-MAIL
OR CALL TOLL FREE (800) 773-1713 AND WE WILL RESEND IT RIGHT AWAY

Here were todays trades

"Swing" S/P full size

S 1282.00 open trade 6/6
b 1275.00 close trade 6/7  JUNE
+7.0=$1,750.00
--------------------------------------------------------------------------------------------
B 1275.00 open trade 6/7
s  1269.00 close trade 6/7
-6.0=($1,500.00)               JUNE
---------------------------------------------------------------------------------------------
B 1278.50 open trade 6/7 open equity on close @ 1286.80   "trade still open"
+8.3=$2,075.00                 SEPT
---------------------------------------------------------------------------------------------

E-Mini

S 1280.00 open trade 6/6
b 1275.75 close trade 6/7
+4.25=$212.50                  JUNE
---------------------------------------------------------------------------------------------
B 1275.75 open trade 6/7
s  1268.75 close trade 6/7
-7.0=($350.00)                  JUNE
---------------------------------------------------------------------------------------------
B 1278.75 open trade 6/7 open equity on close @ 1286.25    "trade still open"
+7.5=$375.00                   SEPT
---------------------------------------------------------------------------------------------
Mini Nasdaq

S 1918.00 open trade 6/6 open trade
b 1942.00 close trade 6/7 close trade
-24.0($480.00)                  JUNE
-------------------------------------------------------------------------------------------
B 1972.50 open trade 6/7 open equity on close @ 1977.00  SEPT
-------------------------------------------------------------------------------------------

Commentary:

Todays price action was roll over day and anything can happen when converting to a new contract month. I am rushing to get this recap out, so todays commentary will be very brief.

We did get jobless claims numbers out and they were bearish up 13,000 much more than expected. This data was the largest gain in claims since 9/92'

When rolling contracts in our system it will always create a second trade in the same day. However todays move on the bullish side in the Sept contract has proven to be a very nice
move. As we write this Globex is at 1291.00 and the nasdaq is 2013 Sept. Intel came out with news that was on a positve note and its up 7% in the night market.

Until tomorrow.

For those of you who know me and we have spoken before. Then its no surprise for me to reiterate my (montra) about trading systems that are available to the retail public. Since I was
introduced to "SYSTEM TRADING" back in 1994.00 and have never looked back, I am more convinced that this is the only way to trade the futures markets for long term success. However I
also feel very strong that if anything is good in a computerized non subjective trading program, and that if its going to have any real long term longevity to it, (then why would
anyone sell it?) The fact is from my perspective that anything with real value is kept propritiary or its under management just as our system is.

I found this section in the June edition of Futures magazine, go to page #52 in the middle of the page is a observation from them on tracking systems. And I quote "ALMOST ALL
SUCCESSFUL SYSTEMS THAT WE TRACK ARE LONGERTERM TREND FOLLOWERS OR EXTREMELY SHORT-TERM STOCK INDEX TRADERS. (THE CONSISTENT SHORT-TERM SWING SYSTEM HAS YET TO BE DEVELOPED.) Un quote.
Well folks the fact is yes it has been developed, its just not for sale? I guess traders will just half to settle for being part of a managed acct with us that has shown to make money.

For those potential clients that are following us one very important aspect of our system is that it feeds on a great deal of data that is transmitted from the cash market. And both
technical and cash data is calculated inorder to confirm trend changes.We have our computer models take a look back every hour on the half hour to re check if any trend changes have
been violated regardless of where the futures are.

What most of the retail public has is no idea that infact all the large firms both equity's and futures have there own (platforms) and there own (systems). Its been proven that as long
as one has a sound trading methodology that is coded and it can be looked and judged over long time frames, this is the ONLY way to make gains that can show year after year. Human
intervention has created more losses in the futures markets than I care to think of. It never fails that I talk to traders every day who pound there chest on what they did "today" but
whats more important is to look at what one has done over lets say a three year time frame. This is the secret for long term success.

On the E-mail that has been sent out in the last few weeks on the new market starting 8/21/2001 "Single Stock futures" This will be very exciting for us due to the fact that we will be
one of the first firms in the country to offer this new market in a Managed program with the underlying trading methodology stemming from computer based models. The large firms will
have access to this market first then the retail public will begin 12/21/2001. As long as there are no problems that surface with the CFTC and SEC then Dec looks good.

For those of you who are not aware of the back ground of our programmers they have a history in the Futures and Equity side of the industry from institutional firms that are all
computer based with there own trading programs.

Again for those traders who are not aware of this market we will be able to trade futures on single stock issues. For example IBM will have a contract that will have 100 shares in a
contract. And that will have a life of 90 days just like the current four trading contract months per year. For more details on this market see details below.

CBOE Create Joint Venture on Single-Stock Futures World's Two Largest Equity Derivatives Exchanges to Create For-Profit Company CBOT to Join With Limited
Stake CHICAGO, May 14, 2001

 - The world's largest options exchange and the largest futures exchange in the U.S. are teaming up to introduce a highly anticipated new product - single-stock futures contracts. The
Chicago Board Options Exchange (CBOE) and Chicago Mercantile Exchange Inc. (CME) today signed a letter of intent to create a joint venture to introduce single-stock futures, following
approval by the boards of directors of both exchanges. The Chicago Board of Trade (CBOT) has also agreed to participate in the joint venture with a limited stake. Legislation signed
into law in December will allow the introduction of single-stock futures by U.S. financial exchanges later this year, after an 18-year prohibition on the products. "Today's
announcement highlights the innovation and entrepreneurial spirit among Chicago's exchanges," said CBOE Chairman and Chief Executive Officer William Brodsky. "This exciting new
initiative combines the best of securities and futures trading. Our willingness to work together on this venture will ensure that Chicago remains the world's center in derivatives
trading and risk management." "The creation of this joint venture recognizes the tremendous synergies of CME and CBOE, making us a formidable competitor in the global marketplace for
single-stock futures," said CME Chairman Scott Gordon. "Our complementary customer bases of retail and institutional investors will benefit from the efforts of all three Chicago
exchanges to establish deep pools of liquidity in these products." "I am enthused that Chicago's exchanges have worked so well together to understand and address our customers' needs
and our members' concerns," said CBOE Vice Chairman Mark Duffy. "We have designed a product that, I believe, will appeal to our customers, and a business structure that will provide
great benefit to our members." "Our largest customers have emphasized the importance of collaboration between the CBOE and CME to combine the capabilities, distribution and
connectivity of the futures and securities worlds," said CME President and Chief Executive Officer Jim McNulty. "This alliance should also provide the highest level of capital
efficiency for our customers who trade in both futures and options." "The CBOT is pleased to work with the leadership of CBOE and CME in this initiative to bring this exciting new
product to our markets," said Nicholas Neubauer Chairman of the Chicago Board of Trade. "The involvement of our members and the access to our customers will make important
contributions to the success of this venture." The joint venture will be a for-profit company, will have its own management and board, and will be separately organized as a regulated
exchange. Single-stock futures will be traded electronically, and orders may be entered through both the new CBOEdirectTM electronic platform and CME's GLOBEX?2 electronic trading
system. CME and CBOE officials said they are engaged in negotiations with the Options Clearing Corporation (OCC), which clears all CBOE transactions, to clear the new products. McNulty
said the negotiations contemplate CME becoming a special clearing member of OCC to provide access for CME clearing members who are not members of the OCC. The exchanges anticipate
contracting with Designated Primary Market-Makers (DPMs) in these products and expect that the board appointed to govern the joint venture will determine the eligibility criteria,
selection process, rights, privileges and duration of such arrangements. Single-stock futures are expected to bring new efficiencies to securities trading, securities lending and
corporate hedging activities. CME and CBOE officials said they also expect to develop rules that would accommodate block trading and exchange-for-physicals (EFPs). The Chicago Board
Options Exchange created and launched the first listed options on stocks in 1973 and the first index options in 1982. Today, CBOE lists options on more than 1,500 stocks and on over 40
indexes, such as the S&P 500, the Dow Jones Industrial AverageSM, the Russell 2000, the Nasdaq-100, and the S&P 100. It remains the world's largest and most successful options
marketplace. Chicago Mercantile Exchange Inc. launched the first successful stock index futures contracts on the S&P 500 in 1982. Today, CME trades futures and futures options on
indexes including the S&P 500, Nasdaq-100, S&P MidCap 400, Russell 2000, FORTUNE e-50? , S&P/BARRA Growth and Value Indexes, and Nikkei 225, as well as its electronically traded E-mini
S&P 500 and E-mini Nasdaq-100 contracts - the fastest growing products in the exchange's history. CME also trades interest rate, foreign currency and agricultural commodity products.
On November 13, 2000, CME demutualized and became a for-profit, shareholder-owned corporation. CBOE is regulated by the Securities and Exchange Commission (SEC). CME is regulated by
the Commodity Futures Trading Commission (CFTC). Additional information about the CBOE and CME can be found at their respective Web sites: www.cboe.com and www.cme.com.

If anyone who would like to chat in more detail on our CTA managed accts please dont hesitate to call me at toll free (800) 773-1713

Thank you

Jerry Jacobs
C.T.A.

IF ANYONE WHO DID NOT GET THE "PDF" FILE ATTACHMENT SHOWING THE THREE YEAR
LONG TERM NUMBERS AND FULL CFTC DISCLOSURE DOCUMENT PLEASE E-MAIL
OR CALL TOLL FREE (800) 773-1713 AND WE WILL RESEND IT RIGHT AWAY

RISK DISCLOSURE STATEMENT

THE RISK OF LOSS IN TRADING COMMODITIES CAN BE SUBSTANTIAL.  YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION.  IN
CONSIDERING WHETHER TO TRADE OR TO AUTHORIZE SOMEONE ELSE TO TRADE FOR YOU, YOU SHOULD BE AWARE OF THE FOLLOWING:

IF YOU PURCHASE A COMMODITY OPTION YOU MAY SUSTAIN A TOTAL LOSS OF THE PREMIUM AND OF ALL TRANSACTION COSTS.

IF YOU PURCHASE OR SELL A COMMODITY FUTURE OR SELL A COMMODITY OPTION YOU MAY SUSTAIN A TOTAL LOSS OF THE INITIAL MARGIN FUNDS AND ANY ADDITIONAL FUNDS THAT YOU DEPOSIT WITH YOUR
BROKER TO ESTABLISH OR MAINTAIN YOUR POSITION.  IF THE MARKET MOVES AGAINST YOUR POSITION, YOU MAY BE CALLED UPON BY YOUR BROKER TO DEPOSIT A SUBSTANTIAL AMOUNT OF ADDITIONAL MARGIN
FUNDS, ON SHORT NOTICE, IN ORDER TO MAINTAIN YOUR POSITION.  IF YOU DO NOT PROVIDE THE REQUIRED FUNDS WITHIN THE PRESCRIBED TIME, YOUR POSITION MAY BE LIQUIDATED AT A LOSS, AND YOU
WILL BE LIABLE FOR ANY RESULTING DEFICIT IN YOUR ACCOUNT.

UNDER CERTAIN MARKET CONDITIONS, YOU MAY FIND IT DIFFICULT OR IMPOSSIBLE TO LIQUIDATE A POSITION.  THIS CAN OCCUR, FOR EXAMPLE, WHEN THE MARKET MAKES A "LIMIT MOVE".  THE PLACEMENT OF
CONTINGENT ORDERS BY YOU OR YOUR TRADING ADVISOR, SUCH AS A "STOP-LOSS" OR "STOP-LIMIT" ORDER, WILL NOT NECESSARILY LIMIT YOUR LOSSES TO THE INTENDED AMOUNTS, SINCE MARKET CONDITIONS
MAY MAKE IT IMPOSSIBLE TO EXECUTE SUCH ORDERS.

A "SPREAD" POSITION MAY NOT BE LESS RISKY THAN A SIMPLE "LONG" OR "SHORT" POSITION.  THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN OBTAINABLE IN COMMODITY TRADING CAN WORK AGAINST YOU AS
WELL AS FOR YOU.  THE USE OF LEVERAGE CAN LEAD TO LARGE LOSSES AS WELL AS GAINS.

IN SOME CASES, MANAGED COMMODITY ACCOUNTS ARE SUBJECT TO SUBSTANTIAL CHARGES FOR MANAGEMENT AND ADVISORY FEES.  IT MAY BE NECESSARY FOR THOSE ACCOUNTS THAT ARE SUBJECT TO THESE CHARGES
TO MAKE SUBSTANTIAL TRADING PROFIT TO AVOID DEPLETION OR EXHAUSTION OF THEIR ASSETS.  THIS DISCLOSURE DOCUMENT CONTAINS AT PAGE SEVEN A COMPLETE DESCRIPTION OF EACH FEE TO BE CHARGED
TO YOUR ACCOUNT BY THE COMMODITY TRADING ADVISOR.

THIS BRIEF STATEMENT CANNOT DISCLOSE ALL THE RISKS AND OTHER SIGNIFICANT ASPECTS OF THE COMMODITY MARKETS.  YOU SHOULD THEREFORE CAREFULLY STUDY THIS DISCLOSURE DOCUMENT AND COMMODITY
TRADING BEFORE YOU TRADE, INCLUDING THE DESCRIPTION OF THE PRINCIPAL RISK FACTORS OF THIS INVESTMENT AT PAGE FIVE.

YOU SHOULD ALSO BE AWARE THAT THIS COMMODITY TRADING ADVISOR MAY ENGAGE IN TRADING FOREIGN FUTURES OR OPTIONS CONTRACTS.  TRANSACTIONS ON MARKETS LOCATED OUTSIDE THE UNITED STATES
INCLUDING MARKETS FORMALLY LINKED TO A UNITED STATES MARKET MAY BE SUBJECT TO REGULATIONS WHICH OFFER DIFFERENT OR DIMINISHED PROTECTION.  FURTHER, UNITED STATES REGULATORY AUTHORITIES
MAY BE UNABLE TO COMPEL THE ENFORCEMENT OF THE RULES OF REGULATORY AUTHORITIES OR MARKETS IN NON-UNITED STATES JURISDICTIONS WHERE YOUR TRANSACTIONS MAY BE EFFECTED.  BEFORE YOU TRADE
YOU SHOULD INQUIRE ABOUT ANY RULES RELEVANT TO YOUR PARTICULAR CONTEMPLATED TRANSACTIONS AND ASK THE FIRM WITH WHICH YOU INTEND TO TRADE FOR DETAILS ABOUT THE TYPES OF REDRESS
AVAILABLE IN BOTH YOUR LOCAL AND OTHER RELEVANT JURISDICTIONS.

THIS COMMODITY TRADING ADVISOR IS PROHIBITED BY LAW FROM ACCEPTING FUNDS IN THE TRADING ADVISOR'S NAME FROM A CLIENT FOR TRADING COMMODITY INTERESTS.  YOU MUST PLACE ALL FUNDS FOR
TRADING IN THIS TRADING PROGRAM DIRECTLY WITH A FUTURES COMMISSION MERCHANT.

Global Financial
93 Partridge Dr.
San Rafael Ca. 94901
800 773-1713
415 721-1084 direct
415 457-5088 fax


Gus is in the environmental group.  Most of his time is spent on ENA  activities.  I think he is probably needed if you guys plan to have any asset activity or for orderly wind down.  Someone needs to pick him up.

Also, of the reg. people you picked up I don't think you picked up gas people who have supported you in the past.  Call me or have someone call me to identify your needs there.

Thanks.

 -----Original Message-----
From: 	Terraso, Michael
Sent:	Wednesday, December 05, 2001 3:10 PM
To:	Steffes, James D.; Kean, Steven J.
Subject:	FW:

Steve,

 these are the individuals in ENA  that Gus works for on projects.  Don Miller is the person that has asked Gus to talk to him in a few days after things settle down, and has indicated a strong interest to Gus  in having Gus continue to perform work on his projects.  Mike T

 -----Original Message-----
From: 	Eghneim, Gus
Sent:	Wednesday, December 05, 2001 2:47 PM
To:	Terraso, Michael; Van, Henry
Subject:

Mike,:

The following are the individuals I work with at ENA

Ross Newlin		ENA Engineering and Technical
Don Miller		ENA Asset marketing
Bob Virgo		ENA Engineering
Mitch Robinson		ENA Generation Investments
Scott Churbock		ENA East Power

I also support Tom Callaghan on environmental compliance for Doyle Power (GA)  and Mobile Energy (AL) and Mike Mazowita for Ada Cogen (MI) and Cleburne Cogen (TX).

Let me know if you have any questions

Gus


----- Forwarded by Richard B Sanders/HOU/ECT on 11/30/2000 09:27 AM -----

	"Page Mobley" <mobleypa@bipc.com>
	11/21/2000 12:59 PM

		 To: <daniel.reck@enron.com>, <George.mcclellan@enron.com>,
<Matthew.arnold@enron.com>, <Richard.b.sanders@enron.com>,
<wayne.gresham@enron.com>
		 cc:
		 Subject: Attached Files

******************************************************************************
***
Confidential and Privileged.
Do not read if you are not the intended recipient.
Unauthorized use prohibited and taken at your own risk.
******************************************************************************
****

 - Complain.DOC
 - EnronNor.DOC


Introducing your first SAP Paycheck!

This is the first payroll processed in SAP for all employees paid out of
Corporate Payroll. You may notice some changes in the way information is
reflected on your pay advice, the most common are itemized below.

What,s Different?
? Your +home, cost center will be displayed at the top of the pay advice.
This is your department number as designated in the HR and financial modules
of SAP.

? Any earnings descriptions that start with a +P, represent earning types
reported in the prior period. For instance, if you reported vacation time for
the July 1st-15th pay period, it will be reflected on your July 31st pay
advice as +PVacation,.

? Flex dollars will appear on the earnings section of the pay advice instead
of as a credit in the deduction section. The various benefit deductions will
remain itemized in the deduction section.

? If you transfer between Enron companies during the year, your year)to-date
totals will carry forward to the new company pay advice. Previously, the
year-to-date totals started over when transferred to another company. This
change will provide your total Enron earnings and deduction amounts on your
pay advice throughout the year.  (Note that your W2 at the end of the year
will reflect your earnings by company).

? For salaried employees, any reported exception time (e.g. vacation, sick
day, etc.) will be reflected on the earnings section with hours only, the
related dollar amount will be included in the +Salary, earnings type.

? For any other information or further explanations regarding your payroll
contact the Payroll Call Center at 713-345-5555

Payroll FAQ,s

My paycheck has a line called &other deductions8, what does that stand for?
There is a fixed amount of lines to print deductions on the paycheck.  For
some employees, the number of deductions are more than we have room to
print.  In this circumstance, the system totals all remaining deductions and
prints them on one line ) titled &other deductions8.  The detail of all
deductions can be viewed on the pay advice that is displayed on the intranet
at eHRonline.enron.com.

What do the earnings or deduction codes on my paycheck mean?
These definitions are listed on the Payroll webpage located at
hrweb.enron.com, select Enron Payroll  from the side index.

Why is my overtime not reflected on my paycheck?
Overtime is paid one pay period in arrears, therefore it will be reflected in
the next pay period. For example, if you reported overtime for the
July 1st )15th pay period, it will be reflected on your July 31st pay advice
as +POvertime,.

What is the limit for Social Security (FICA)?
For year 2000 the limit is $4,724.40 on a wage base of $76,200. This limit is
applied to each Enron payroll tax company. Therefore, if you transfer to
another Enron company these limits will start over, however, the total amount
withheld across all companies will be reflected on your paystub. Excess FICA
will be credited to you by the IRS via your tax return.

What federal income tax rate is used for my bonus or when I exercise stock
options?
There is a standard federal income tax rate of 28% for these earnings. This
can be higher if the employee has completed a Supplemental Tax form
requesting a higher rate (this form can be found at hrweb.enron.com , select
Enron Payroll  from the side index).


---------------------- Forwarded by Sandra F Brawner/HOU/ECT on 12/01/2000
02:49 PM ---------------------------

	From:  Andrea Ring                           12/01/2000 02:54 PM

To: Sandra F Brawner/HOU/ECT@ECT
cc:
Subject: Fwd: FW: Run off or Dance off?

---------------------- Forwarded by Andrea Ring/HOU/ECT on 12/01/2000 02:54
PM ---------------------------
   Michele Winckowski @ ENRON                11/28/2000 04:47 PM

To: Andrea Ring/HOU/ECT@ECT
cc:
Subject: Fwd: FW: Run off or Dance off?

This is the only answer -- specifically for us "sad" individuals.  Love ya -
MW

>
> (See attached file: danceoff.exe) <<danceoff.exe>>

 - danceoff.exe


Here is the Brian Kerrigan/Total Return Swap/Motown information discussed in
our meeting today.


Aldo:
Here is the latest version of the trading, risk management & backoffice
presentation.  Please give me a call if you have any questions.  Thanks
Ben


Thanks, Sandi.  Are the R's generally on-board with Davis' approach, or do
they intend to offer their own proposals (understanding that they are greatly
outnumbered in both houses).  I'm hearing that it's a mixed bag.

Best,
Jeff

	Sandra McCubbin
	01/09/2001 07:48 PM

		 To: Susan J Mara/NA/Enron@ENRON
		 cc: Jeff Dasovich/NA/Enron@Enron, Karen Denne/Corp/Enron@ENRON, Linda
Robertson/NA/Enron@ENRON, Mark Palmer/Corp/Enron@ENRON, Paul
Kaufman/PDX/ECT@ECT, Richard Shapiro/NA/Enron@Enron, skean@enron.com
		 Subject: Re: Information on Market Supporter -- Sen Haynes

we have been talking to haynes and the other republicans


Hi All,
The full requirement dispatch application version 0.9 is now available.
To install, copy all three files in O:\Research\Common\from_cs\fullReqDispatch\installation
into a directory and click setup and follow onscreen instructions.
The document will follow shortly.

A stochastic programming application that optimally trades power and operates a portfolio of generators to satisfy load commitment contracts, with uncertainties in power prices, fuel prices, and loads. Under transmission constraints, we can trade some amount of power with the market at bid-ask market prices. In this model, we also take into account the minimum up time and minimum downtime constraints as well as the startup costs.

-Chonawee

Below are some screen shots:

<Embedded Paintbrush Picture>
<Embedded Paintbrush Picture>


great! we just finished. beef was better than the chicken but everyone enjoyed it as evidenced by the fact there's nothing left but some broken chips. light dinner for me tonight.
how are you? Bob ate with us. he said to tell you hi.
love, nm

have you heard from your mom? I don't remember asking when she was leaving ftw.

-----Original Message-----
From: Mann, Kay [mailto:Kay.Mann@ENRON.com]
Sent: Tuesday, November 20, 2001 1:22 PM
To: nmann@erac.com
Subject:

How was lunch?
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)

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


On July 1st, Project Apollo and Beyond launched its final SAP implementation.
Enron now has an integrated, common financial, human resources, procurement,
and project management system throughout the majority of Enron's businesses.
By far Enron,s largest SAP implementation, this &go live8 added approximately
8500 new users ) raising the total user population from Apollo and Beyond
implementation efforts to over 13,000 Enron employees and contractors.

A highlight of this implementation was the rollout of eHRonline, an
intranet-based system that enables individuals to manage their personal
information and time management activities plus view their pay information
and benefit elections.  This new system gives the power and capability for
managing your information to the person who knows the most about it ) YOU!

The Apollo and Beyond solution will yield savings of over $30 million per
year plus provide increased speed and accuracy of information.  Once
post-implementation efforts have been successfully completed, the focus will
turn to system support, enhancements, and additional projects to help
leverage Enron's SAP system for increased growth and profitability.

Many thanks to the HR, financial, project and procurement communities for
their efforts towards the vision of +One Enron,!

For questions or assistance, please contact Enron,s SAP support organization
at 713-345-4SAP.


They are correct, Cilco city gate does not exist....the only reference point is the Nicor city gate.  As far as the guarant, I'm okay, but the last time we asked them to draft the guarantee, it was horrible.  I'll ask them to send us a draft.

Call me when you get a chance.

thanks

 -----Original Message-----
From: 	Perlingiere, Debra
Sent:	Thursday, October 25, 2001 5:46 PM
To:	Mims, Patrice L.
Subject:	CILCO

 Regarding the GISB,  issues remaining are Section 3.2 Performance Obl. and their Guaranty.

We prefer Spot Standard for Section 3.2 however, they argue the Cilco city gate does not have a "Spot Market" .  If the city gate is their end user I will give on this point.  Tammy is checking on this.  The only other issue is their Guaranty to Enron.  I have no problem with amending the gty or putting a new one in place.  Having said that, I would prefer they draft the amendment.  This of course is contingent on credits ok with the change in the gty amount.

FYI, I will be out to the office tomorrow afternoon for meetings. If you need me leave a message with my assistant and I will call you back.

dp

Debra Perlingiere
Enron North America Legal
1400 Smith Street, EB 3885
Houston, Texas 77002
Debra.Perlingiere@enron.com
713-853-7658
713-646-3490 Fax


Lucy,

       Here are the actual utility bills versus the cap.  Did we collect
these overages?  Let's discuss further?  Remember these bills were paid in
July and August.  The usage dates are much earlier.  I have the bills but I
can get them to you if need be.

Philip


Happy Holidays Ya'll !!!!!!!!!!
The Johnstons

PS Maggies picture to follow this email


We at Reed Wasden Research would like to wish everyone a Happy Thanksgiving.  In celebration, we will not distribute the Prometheus Weekly over Thanksgiving week.  Expect all the news, commentary, and earnings reports over Thanksgiving week to be consolidated in the November 30th issue of the Prometheus Weekly.

In this issue:
 - Feature: 1 year anniversary of The Prometheus File
 - Enron plans to restructure to focus on its core business as it tries to restore shareholder confidence.
- All the news, commentary, and earnings reports, plus price performance and valuation charts.
 <<prometheus011116.pdf>>
Best regards,
Cary, Peter and the Team

 - prometheus011116.pdf


Better than most recently.
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)


Good Morning all!

Cheryl has cancelled her vacation days for this week, and will be in the office today.  She will arrive around 10:30 am due to a personal appointment.  Thank you for your attention to this matter.  If I can be of any assistance, please call me at 5-3317.  Thanks again,

Keegan


did this ever get resolved?
PL

	From:  Cathy Sprowls                           01/02/2001 03:18 PM

To: Phillip M Love/HOU/ECT@ECT
cc: John Valdes/HOU/ECT@ECT
Subject: Re: Negative Originations

---------------------- Forwarded by Cathy Sprowls/HOU/ECT on 01/02/2001 03:18
PM ---------------------------

	Enron North America Corp.

	From:  Todd Warwick                           01/02/2001 02:33 PM

To: Cathy Sprowls/HOU/ECT@ECT
cc: Misti Day/HOU/ECT@ECT
Subject: Re: Negative Originations

There were two negative originations in the central gas daily book.  One in
August for $489,600 and one in Sept for $258,000.  The GDCentral book got the
credit/income for these through our top level origination entries.

Thanks,
Todd

---------------------- Forwarded by Todd Warwick/HOU/ECT on 01/02/2001 02:28
PM ---------------------------

	From:  Cathy Sprowls                           12/22/2000 11:22 AM

To: Misti Day/HOU/ECT@ECT, Todd Warwick/HOU/ECT@ECT
cc: John Valdes/HOU/ECT@ECT, Phillip M Love/HOU/ECT@ECT, Kam
Keiser/HOU/ECT@ECT, Milton Bolanos/NA/Enron@Enron
Subject: Re: Negative Originations

Misty and/or Todd

Are you aware that the Central desk is expecting negative originations for
July through September to cover demand reimbursement on Natural Gas Pipeline
for July through September?

Thanks,
Cathy
---------------------- Forwarded by Cathy Sprowls/HOU/ECT on 12/22/2000 11:19
AM ---------------------------

	From:  Jim Pond @ ENRON                           12/22/2000 07:57 AM

To: Cathy Sprowls/HOU/ECT@ECT
cc: Milton Bolanos/NA/Enron@Enron@ECT, John Valdes/HOU/ECT@ECT, Kam
Keiser/HOU/ECT@ECT, Phillip M Love/HOU/ECT@ECT
Subject: Re: Negative Originations

Originations are not booked to the GL.  They are entered in the CS module of
SAP by the portfolio group.  Jim L. then incorporates them in his OA's.
Misti Day or Todd Warwick would be the one to contact.

	From:  Cathy Sprowls @ ECT                           12/20/2000 09:43 AM

To: Jim Pond/Corp/Enron@Enron
cc: Milton Bolanos/NA/Enron@Enron, John Valdes/HOU/ECT@ECT, Kam
Keiser/HOU/ECT@ECT, Phillip M Love/HOU/ECT@ECT

Subject: Negative Originations

Jim

It is my understanding that the Central desk is expecting negative
originations to cover demand reimbursements for Natural Gas Pipeline for July
through September 2000.  The amount is approximately $300,000 per month.  Are
you aware of this and is there anything I can do to help clear this variance?

Thanks,
Cathy


Just want to make sure volumes are allocated to two different tickets correctly for March:

Sitara - 572910 - gets 50,000 MMBtu TOTAL for the month .... after 50,000 on this ticket, all remaining volumes go to ...

Sitara 643510 - the swing ticket

THANKS

Lee


When: Wednesday, July 11, 2001 10:00 AM-12:00 PM (GMT-06:00) Central Time (US
& Canada).
Where: TBA

*~*~*~*~*~*~*~*~*~*


[IMAGE]
[IMAGE][IMAGE]
  Let  our Debt Specialist & Non-Profit servicing agencies:   ?  Instantly Reduce Interest Rates. ? Lower your Monthly payments by up to 50%. ? Offer "No-Fee" Debt Management Assistance.   This  is not a loan, rather trained professionals working with your credit  card companies to reduce your debt.  ?  No Credit Check Required ? No Home Ownership Required
 [IMAGE]
[IMAGE]

To unsubscribe from this email reply to this message with REMOVE in the subject line


Please join me in congratulating Laura Wente on her recent promotion to
Manager.  Laura will continue to work in the West Origination Group here in
Portland.

Congratulations, Laura!

Regards,

Chris


Here are my comments to the draft response:

4.  I'm a bit troubled by the first sentence, since I really don't know what
may have been on the drawing board earlier.  Maybe someone else can vouch for
this statement. Otherwise, I suggest deleting it.

17.  The reference to NC Power utilizing the plant should be Applicant (third
sentence).

18.  I would change the second sentence to begin "It is intended that the
plant will be designed, constructed and operated...."

Kay


Attached is PIRA's latest "Electricity Daily Demand Forecast."

If you have any questions regarding the report's content, please contact
Morris Greenberg (email: morris@pira.com) or Victoria Watkins (email:
vwatkins@pira.com), at (212) 686-6808.

Contact John Graziano regarding PIRA report distribution and address changes
at (212) 686-6808, email: support@pira.com.

NOTE: Circulation of the "Electricity Daily Demand Forecast" outside a
Client's licensed distribution area is strictly prohibited. Clients that are
unsure of their licensed distribution or require an extension of their
current license should contact their PIRA sales representative, or email to
sales@pira.com.

PIRA Energy Group

 - ed043001.pdf
 - ed043001.xls


FYI.
---------------------- Forwarded by Kay Mann/Corp/Enron on 12/06/2000 01:22
PM ---------------------------

"George Kutzschbach" <gkutzschbach@fulbright.com> on 12/06/2000 01:04:31 PM
To: Ben.Jacoby@enron.com, Kay.Mann@enron.com
cc: areynaud@coral-energy.com, dwhaley@coral-energy.com,
jlshepherd@coral-energy.com, TSeigler@coral-energy.com

Subject: Revised Letter Agreement

Attached is a revised draft of the Letter Agreement between ENA and
Tejas which has been marked to show the changes from the November 30
draft prepared by ENA.

 - 5WLNS01_.DOC


Hello,

Tasha told me that you just got back from your trip abroad.  Was is just Fantastic! (smile).  Any brotha's and sistah's over there?  Hope you had a great time.    I would love to see pictures sometime.  I would like to purchase some of that eyeshadow base.  I think it is the triple action cream or something like that.  It has the gold cap to it.  Also, I would like some black eyeliner.  Just call me whenever you have it.  Also, I'd like some of that "Stress Free" cologne from the Private Spa collection.

Just let me know when you have it.

Thanks!


Grid South, Grid Florida, Southern RTOs are on FERC's agenda.


pls get for Cindy.  Thanks  df
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 01/25/2001
05:31 PM ---------------------------

Cindy Stark
01/25/2001 04:13 PM
To: Bill Cordes/NPNG/Enron@ENRON, Shelley Corman/ET&S/Enron@ENRON, Steve
Hotte/Corp/Enron@ENRON, Rod Hayslett/FGT/Enron@ENRON, Phil
Lowry/OTS/Enron@ENRON, Danny McCarty/ET&S/Enron@Enron, Rockford
Meyer/FGT/Enron@ENRON, Michael Moran/ET&S/Enron@ENRON, Gary P
Smith/OTS/Enron@ENRON, Julia White/ET&S/Enron@ENRON, James
Prentice/GPGFIN/Enron@ENRON, Dana Gibbs/Houston/Eott@Eott, Drew
Fossum/ET&S/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON, Robert
Hayes/FGT/Enron@ENRON, Robert Kilmer/FGT/Enron@ENRON, jerry.martin@enron.com,
Dorothy McCoppin/FGT/Enron@ENRON, Mary Kay Miller/ET&S/Enron@ENRON, Michel
Nelson/ET&S/Enron@ENRON, Dave Neubauer/ET&S/Enron@ENRON, Dan
Pribble/OTS/Enron@ENRON, Randy Rice/OTS/Enron@ENRON, Scott
Vonderheide/Corp/Enron@ENRON
cc:

Subject: PERSONAL INFORMATION REQUESTED

Hello, everyone!   This is to request your assistance in obtaining the
following information for Stan:

To Stan's Direct Reports:   Please provide me with your home phone number and
a pager or cellular number.
To the Remaining Officers: Please provide me with your home phone number,
work number, pager or cellular number, Assistant's name, Assistant's work
    number and your office fax number.

Please provide me this information via return e-mail.

Thanking you in advance for your prompt attention to this matter.

Cindy


Paul,

Attached for your further handling is the Confidentiality Agreement with
Petroglyph.

Thanks,

Eric Gillaspie
713-345-7667
Enron Building 3886
----- Forwarded by Eric Gillaspie/HOU/ECT on 11/28/2000 02:23 PM -----

	Eric Gillaspie
	11/14/2000 01:23 PM

		 To: Paul T Lucci/DEN/ECT@ENRON
		 cc: Gerald Nemec/HOU/ECT@ECT
		 Subject: Re: Confidentiality Agreement

Done.
Does it look good other than that (i.e. are your ready for executables?)

Eric Gillaspie
713-345-7667
Enron Building 3886

	Paul T Lucci@ENRON
	Sent by: Paul T Lucci@ENRON
	11/14/2000 11:40 AM

		 To: Eric Gillaspie/HOU/ECT@ECT
		 cc:
		 Subject: Re: Confidentiality Agreement

Could you please change the reference to the ENA Global contract #33206000,
this is a Colorado Interstate pipeline contract # not an ENA contract #.  If
you have any questions please call me at (303) 575-6474.

Thanks
Paul


Dan, I need to send to FERC, Mr. Bob Arvelund, the schedule of the LNG ships for June, July and August.  He needs this information to schedule his visit and inspection of the LNG terminal and storage operations.  With the late arrival of the "Hilli" your earlier schedule may not be valid any more.  Do you have a revised schedule on hand I could e-mail to him?
Thanks,
Victor


---------------------- Forwarded by Kayne Coulter/HOU/ECT on 11/30/2000 01:00
PM ---------------------------

Lloyd Will
11/30/2000 09:28 AM
To: Brent Hebert/HOU/ECT@ect, Erik Serio/Corp/Enron@Enron, Chris
Lenartowicz/Corp/Enron@ENRON, Justin Laverell/Corp/Enron@ENRON, George
Diaz/Corp/Enron@ENRON, Keith Comeaux/Corp/Enron@Enron, Steve
Olinde/Corp/Enron@Enron, Kayne Coulter/HOU/ECT@ECT, George Hopley/HOU/ECT@ect
cc:
Subject: ERCOT Portal Release 2

Please distribute to anyone who might want access.

The attached instructions explain the process.

Thanks.
---------------------- Forwarded by Lloyd Will/HOU/ECT on 11/30/2000 09:25 AM
---------------------------

Doug Gilbert-Smith@ENRON
11/29/2000 03:26 PM
To: Lloyd Will/HOU/ECT@ECT, Alex Wong/Corp/Enron@Enron
cc: Mike Curry/HOU/ECT@ECT
Subject: ERCOT Portal Release 2

fyi
---------------------- Forwarded by Doug Gilbert-Smith/Corp/Enron on
11/29/2000 03:26 PM ---------------------------

"Coon, Patrick" <pcoon@ercot-iso.com> on 11/03/2000 05:34:29 PM
To: 1 Entire email container <sendtoall@ercot.com>
cc: "Salh, Baljit" <bsalh@ercot-iso.com>, "Haston, Loy (SolutionWorks)"
<lhaston@SolutionWorks.Com>, "Grant, Allison" <agrant@ercot-iso.com>

Subject: ERCOT Portal Release 2

> The 'Web Enablement' team has finished work on
> the second release of the portal, and it is now
> accessible. The following information is also
> available on www.texaschoiceprogram.com.
> What is the ERCOT portal?
> The ERCOT portal will consolidate information
> from a variety of sources into a customizable &
> comprehensive view of business activity relative
> to each market participant. Functions available
> via the portal will include viewing status of
> transactions, access to the market operations
> systems, bid submission, and more. Security
> features will determine the data and functions
> available to each market participant.
>
>
> What is the portal release 2 for the ERCOT
> portal?
> The portal release 2 is a pre-release version of
> the portal that will include static web pages
> that have no functional behavior. The purpose of
> this release is to provide exposure to the
> portal user interface look and feel, and not to
> demonstrate specific portal functionality. This
> is not intended to be a final product release.
> The functional component of the portal is
> currently under development, and will not be
> fully tested in a manner that is suitable for
> public release by 10/31. (This includes client
> side validation, file upload, error pages,
> confirmation pages, etc.) Future portal releases
> will have these features enabled.  Unlike the
> earlier proof of concept release, no usability
> tests will be conducted on the release 2 portal
> version. Because the portal will contain static
> view-only user interfaces, there is no back end
> systems integration between the portal and
> Siebel, LODESTAR, etc.
> How can you access the portal release 2 version
> of the portal?
> The address for the portal release 2 version of
> the portal is:
>
> https://portal.texaschoiceprogram.com
>
> To access the portal follow these instructions:
>
> Note: Before you can access the portal, you must
> access and install a digital certificate.
>
> Launch and review the attached document titled,
> 'Accessing the Portal'. It provides you with
> instructions on how to access and install a
> digital certificate and how to log in to the
> portal.
>
> Important: To access the portal, you must need
> Internet Explorer 5.01 with Service Pack 1 on
> your computer.
>
>  <<Accessing the Portal.doc>>
>

 - Accessing the Portal.doc


Kay,

Attached is the final draft of the DASH.  I am circulating it for signatures.

Raimund D. Grube


FYI

Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/18/2000
08:55 AM ---------------------------

"Vadim Pokhlebkin" <vpokhleb@ideaus.com> on 04/18/2000 08:38:21 AM
To: <Vince.J.Kaminski@enron.com>, <vkamins@enron.com>, <erms@bloomberg.net>
cc:
Subject: IDEA: any feedback?

Dear Vince,

How did your meeting with the traders go yesterday?  If you heard any
feedback about our research from them, please let me know whom I may contact
to save you from forwarding our reports around every day.  I look forward to
your reply.

As usual, attached are today's issues of our daily morning faxes:
1. Financial Markets Today - FX majors and key bond markets' analyses.
2. Fixed Income Today - US treasuries, agencies, and corporates' analyses.

I look forward to your reply.

Best regards,
Vadim Pokhlebkin
Account Manager
vpokhlebkin@ideaglobal.com
tel. 1 (212) 571 4332
fax  1 (212) 571 4334

IDEAglobal.com
140 Broadway, 21st Floor
New York, NY 10005, USA

Any views expressed in this message are those of the individual sender,
except where the sender specifically states them to be the views of
IDEAglobal.com. This email, its content and any files transmitted with it
are intended solely for the addressee(s) and may be legally privileged
and/or confidential. Access by any other party is unauthorized without the
express written permission of the sender. If you have received this email in
error you may not copy or use the contents, attachments or information in
any way. Please destroy it and contact the sender via the IDEAglobal.com
switchboard in one of the following three offices: New York +1 212 571 4332;
London +44 171 430 2888; Singapore +65 332 0700

 - FMT0418A.pdf
 - FIT1804A.pdf


----- Forwarded by Steven J Kean/NA/Enron on 11/17/2000 10:45 AM -----

	Carolyn Cooney
	11/16/2000 06:45 PM

		 To: Steven J Kean/NA/Enron@Enron
		 cc:
		 Subject: Re: Returned PAC check

I have left a message at his campaign headquarters.  Hopefully I will hear
back from them tomorrow.  Thanks

	Steven J Kean
	11/16/2000 07:11 PM

		 To: Carolyn Cooney/Corp/Enron@ENRON
		 cc:
		 Subject: Returned PAC check

can you find the contact and see if they are still interested in the money?
----- Forwarded by Steven J Kean/NA/Enron on 11/16/2000 06:11 PM -----

	Elizabeth Linnell
	11/16/2000 03:57 PM

		 To: Steven J Kean/NA/Enron@Enron
		 cc:
		 Subject: Returned PAC check

Steve - Do you have a contact number for Ensign's campaign, and shall we call
them to see if they still need the money for debt retirement?  They did cash
the check we sent a month earlier for $2,000.
----- Forwarded by Elizabeth Linnell/NA/Enron on 11/16/00 03:52 PM -----

	Gus Perez
	11/15/00 12:08 PM

		 To: Elizabeth Linnell/NA/Enron@Enron
		 cc:
		 Subject: Returned PAC check

This PAC contribution was mailed out 10/30 to
John Ensign
Ensign for Senate
P.O. Box 26568
Las Vegas, NV  89126

It was returned to me today stamped "unclaimed".
I have checked the 1999 & 2000 contibutions and they all have the same PO box.
Please let me know what you want me to do.

Below is all the information on the Candidate.

ID Candidate Name Committee Name Date Requested State/Fed State  Political
Party Office Sought
396 John Ensign  Ensign for Senate 10/26/2000  Fed-NV    R Senate

Election Date  Who Requested Amount Requested W/L/U
11/00   E. Linnell  $3,000.00  Won

Thanks,


Bob,

Per your request, attached are the online trading GTC's.  It looks like Mark
has all of them, not just financial.  I'm going to talk to Stacy about this
when she gets in, because I know she was talking about adding it in.  I'll
get back to you.


Fax 281 618-6683n thank YOU FOR THAT INFORMATION, GODD LOOKING OUT DUCK

-----Original Message-----
From: Dana_Davis@enron.com [mailto:Dana_Davis@enron.com]
Sent: Monday, February 07, 2000 11:07 AM
To: Cmontgomery@kmg.com
Subject: -

No, it's not a behind!  I have obtained a copy of Two Dimensions
Preparatory Academy school application and I wanted to fax you a copy.  I
called them about 5 minutes ago asking the receptionist  about sixth grade
availability and as of this morning she was just beginning to separate the
applications by grade.  She informed me that  the children would be granted
admission on a first come, first serve basis.  This prompted me to ask her
if I could fax her a copy of the application; then she said that she could
only take the original.

I have made copies of the original and I will bring you one home this
afternoon.  The two don't look any different.  I told the receptionist
that I was off Friday morning and asked would it be too late if I brought
her the application then.  She assured me that this would be fine but, of
course, the sooner the better.  They won't start going through the
applications until around April or May.

If you have any questions call me later; but, in the mean time send me your
fax # if you would like to review the application before filling it out.

"Montgomery, Claudette" <Cmontgomery@kmg.com> on 02/07/2000 10:19:09 AM

To:   "'ddavis@enron.com'" <ddavis@enron.com>
cc:
Subject:  FW: FW: Today's Verse -- Genesis 2:7

Yes I do but its not in my office, its in our secretary's office which is
right next to my supervisor's
office. What are you going to send? I hope not a behind:>  .
-----Original Message-----
From: Dana Davis [mailto:Dana.Davis@enron.com]
Sent: Monday, February 07, 2000 10:10 AM
To: Cmontgomery@kmg.com
Subject: Re: FW: Today's Verse -- Genesis 2:7

Claudette -

Do you have a fax number?  I'd like to fax you something.


John and I agreed that we would not send the letter at this time.


---------------------- Forwarded by Zimin Lu/HOU/ECT on 08/17/2000 09:57 AM
---------------------------

Zimin Lu
08/17/2000 09:59 AM
To: Stinson Gibner/HOU/ECT@ECT, Paulo Issler/HOU/ECT@ECT
cc:
Subject: Resid Fx option

I have created a directory ResidFx in
O:\research\common\projects\options\residfx.
where I put my Monte-Carlo model  (C project)  and calling spreadsheet for
the valuation.

Zimin


Set up w/Patti Thompson x-39106


Start Date: 4/18/01; HourAhead hour: 7;  No ancillary schedules awarded.  No
variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041807.txt

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

  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/18/01
  TIE_POINT: FCORNR_5_PSUEDO
  INTERCHG_ID: EPMI_CISO_DESERT
  ENGY_TYPE: FIRM


Court Gives Green Light to Green Generator To Suspend Edison Contract, Sell
Electricity Elsewhere

Business Wire
03/22/01, 4:43p
(Copyright , 2001, Business Wire)

EL CENTRO, Calif.--(BUSINESS WIRE)--March 22, 2001--A California court ruled
today that a geothermal energy supplier in the Imperial Valley can
temporarily sell its electricity on the open market despite its long-term
contracts with Southern California Edison, because Edison has breached the
contract by failing to pay for any output since Nov. 1.

Cal Energy Operating Corp. operates a complex of geothermal plants near the
Salton Sea. The plants filed suit Feb. 20 in Imperial County Superior Court
seeking back payment from Edison and authorization to suspend their contracts
with Edison and sell power elsewhere in California during such time Edison is
unable to pay for power demand.

David L. Sokol, chairman of Cal Energy, said, "We applaud this short-term
solution that will provide us with a revenue lifeline and keep our clean,
renewable power flowing to Californians. It is unfortunate that it took court
action to provide us some relief from an intolerable situation."

Sokol noted that the ruling did nothing to assure that the plants collect
approximately $140 million Edison owes them for power they have produced
since Nov 1. The geothermal plants will continue to pursue legal and
legislative remedies to receive back payment, he said. "That debt will
continue to place a great strain on our operation."

He added that Edison has continued to collect tens of millions daily from
ratepayers and has amassed approximately $2 billion in cash.

On the open market, the geothermal plants will be able to receive on the spot
market higher prices than renewable generators agreed to accept in
negotiations with the state, Edison and PG&E. That lower price had been
incorporated in Senate Bill 47X, which stalled in the state legislature after
Edison withdrew its support, and has effectively been incorporated in the
California Public Utility Commission's proposed order. California taxpayers
will pay the difference, because the state is buying electricity on the open
market on behalf of Edison and PG&E.

"It is unfortunate that taxpayers will now be paying more for our
electricity," Sokol said. "That is the result of inaction by the state and
bad faith by Edison. We negotiated with the full blessing and knowledge of
the governor and the legislature to arrive at long-term pricing that would
assure reliable supply and save taxpayers billions. This pricing for our
clean, renewable energy was less than the state is paying out-of-state
fossil-fuel energy providers in long-term contracts, and less than half what
we are allowed under federal law."

Sokol added that he was encouraged by the governor's March 20 announcement
proposing legislation and action by the California Public Utility Commission
that would require Edison and PG&E to begin paying current bills for
electricity received from qualifying facilities such as CalEnergy.

But, Sokol cautioned, "While we are hopeful that this legislative and
regulatory action can move forward quickly, there are many details to be
worked out in the governor's proposal. Even with quick action, there is a
serious question whether Edison is willing to pay any of its current bills
from qualifying facilities."

He noted that, like today's court ruling, the governor's proposal provides no
plan or schedule to require Edison to pay the approximately $140 million
Edison owes for power CalEnergy has delivered to date.

CalEnergy's geothermal complex employs about 200 workers and produces a total
of 268 megawatts -- enough to supply 268,000 homes.

Geothermal plants and other generation from renewable sources provide about
12 percent of California's electricity, enough for 5 million homes.
Geothermal plants produce environmentally friendly electricity from wells
that tap superheated water 5,000 to 10,000 feet underground. Magma rising in
fissures in the earth's crust heats the water to 500-700 degrees Fahrenheit.
The generating plants convert the water to "live" steam, the pressure of
which turns turbines to produce electricity. The plants then return the
slightly cooled water to the subterranean reservoir for reheating as a
renewable resource.

CalEnergy is one of 10 members of the Renewable Energy Creditors Committee, a
group of green power suppliers who formed the committee on Feb. 15 to explore
options to collect back payments from Edison. Together, the group is owed
more than $300 million by Edison.

Note to Editors: David Sokol will discuss today's ruling in a media
teleconference at 2:30 p.m. PST today, March 22. Call 800/810-0924 and enter
code 509085. Identify the CalEnergy conference.


Here's the attachement noted below.

Andrea Yowman
01/05/2001 12:17 AM
To: Steven J Kean/NA/Enron@Enron, Cindy Olson/Corp/Enron@ENRON
cc: Brian Schaffer/Corp/Enron@ENRON, Sharon Butcher/Corp/Enron@ENRON,
Michelle Cash/HOU/ECT@ECT

Subject: Follow-up on Performance Feedback Training

Steve and Cindy,

Brian, Sharon Michelle and I met today to discuss the strategy for
Performance Feedback Training and decided on the following.
The presentation should be updated to reflect the PRC process, relative
ranking and preferred distribution. (attached)
Brian Schaffer will complete the Houston training sessions next week.
The HR Community within the BU's need to be trained and armed with
information to better address questions and concerns from Managers,
Supervisors and employees on the process.
A "Mandatory" global HR  training/meeting should be held Tuesday January 16th
and kicked off by Steve Kean and Cindy Olson.  Brian will prepare an invite
communication.  (Probably at the Double Tree or Hyatt and other locations
video / tele conference)
An eSeak should be held week of  January 16th on Performance Management.
The HR Heads should send out a separate communication to their people to
reinforce attendance to this meeting/training.
A separate communication should be sent out to 'employees' and 'Superviors
below Manager'  on the PRC process.  Brian will prepare a draft of the
communication.

Please give us your thoughts on this approach.  You can contact Brian,
Michelle, Sharon or me if you have specific questions.
ay


I just wanted to make all of you aware of the message below from Financial
Operations.  When you review your RC reports for May, you will not see any IT
charges.  There were also none recorded in April.  Therefore, be prepared to
see some large charges in June for 3 months (April - June).  If  you have any
questions, please call me.  Thanks.

Lisa
x3-6343

---------------------- Forwarded by Lisa B Cousino/HOU/ECT on 06/07/2000
08:19 PM ---------------------------

Holly Heath@ENRON
06/07/2000 04:19 PM
To: Brian Heinrich/HOU/ECT@ect, Lisa B Cousino/HOU/ECT@ECT
cc:
Subject: EIS Invoices for May

fyi - Holly
---------------------- Forwarded by Holly Heath/Corp/Enron on 06/07/2000
04:19 PM ---------------------------

	From:  Keith Simper @ ECT                           06/07/2000 02:25 PM

To: Bus Anal & Rptg Spec-Hou
cc: Bus Anal & Rptg Mgmt-Hou

Subject: EIS Invoices for May

Corporate IT has informed me that EIS invoices for April and May have not
been posted to MSAS.  They are in the  process of trying to correct the
problem.  However,  you will not see your charges in MSAS this month per
Corporate IT.  ENA Consolidations is in contact with Corporate IT to ensure
that the problem will be corrected by the close of June business.

Thanks,

Keith Simper


FYI.  Meeting is at 100
---------------------- Forwarded by Kay Mann/Corp/Enron on 09/21/2000 12:02
PM ---------------------------
From: Sheila Tweed@ECT on 09/21/2000 11:21 AM
To: Peggy Banczak/HOU/ECT@ECT, Bob Carter/HOU/ECT@ECT, Barton
Clark/HOU/ECT@ECT, Ed B Hearn III/HOU/ECT@ECT, Kay Mann/Corp/Enron@Enron,
Matt Maxwell/Corp/Enron@ENRON, Dale Rasmussen/HOU/ECT@ECT, Alan
Larsen/PDX/ECT@ECT, Karen E Jones/HOU/ECT@ECT, Stuart Zisman/HOU/ECT@ECT,
Kathleen Carnahan/NA/Enron@Enron
cc:

Subject: Quick Meeting of the Power Assets Group.

PLEASE, if possible, attend a 30-minute meeting today in 38C1.  I have a
couple of announcements and I would like for everyone to clean off your desk
and bring every single invoice you have to me.  Our existing procedures are
not working now that Erica has left and we need to develop a new system.   If
you can't attend, please see me as soon as possible.  Thanks!


I neglected to suggest you might speak to  Patrice Mims-Thurston. She is the
trader on the Central Desk @ 35772.

dp


The server that runs the process to backup NNGOMAHA will be unavailable from
7:00 pm to9:00 pm,  Monday, November 6, 2000 for an emergency scheduled
maintenance window.   During this maintenance window we will be recycling the
server to correct an error.  The only impact is you will be unable to print
during this  2 hour window.

If for any reason this maintenance window is longer than the estimated 2
hours we will update the Help Desk voicemail (x7454) with the new estimated
time of availability.

If you have any questions, issues or concerns with this scheduled outage
please contact the Help Desk at x7454.

ET&S Omaha Helpdesk -- x7454


Hey Mark,

Sorry for not contacting you sooner regarding the Vegas trek.  I had planned
on heading to Los Angeles for that weekend to visit a buddy.  He is now
moving into a new house with his girlfriend this weekend and will be busy
with that.

Doesn't look like I will be heading to Vegas now either.  I guess that I
will spend the weekend helping Dahl try to get that scow of his pieced back
together.  What a project that has evolved into.

I plan on watching the game at my bro's bar.  Not quite Cesar's Palace or
MGM, but it will have to do...

Have a great time!  I hope you make it back in one piece.  You will have to
give me some of the good details when you get back.

Good luck,

Patrick Mains
pmains@n2h2.com
206.834.1781


tubing is so relaxing.  i have only done it once.  we are trying to figure
out things to do for the holiday weekend.  so how come you are going to
austin every weekend.  are you in love or something?


Ted,

Please mark me down for the dinner on Apr 10

Fletch

---------------------- Forwarded by Fletcher J Sturm/HOU/ECT on 03/21/2001
05:03 PM ---------------------------
From: John J Lavorato/ENRON@enronXgate@enronXgate on 03/15/2001 05:41 PM
Sent by: Kimberly Hillis/ENRON@enronXgate
To: Louise Kitchen/HOU/ECT@ECT, Hunter S Shively/HOU/ECT@ECT, Phillip K
Allen/HOU/ECT@ECT, Scott Neal/HOU/ECT@ECT, John Arnold/HOU/ECT@ECT, Thomas A
Martin/HOU/ECT@ECT, Kevin M Presto/HOU/ECT@ECT, Mark Dana Davis/HOU/ECT@ECT,
Fletcher J Sturm/HOU/ECT@ECT, Rogers Herndon/HOU/ECT@ect, Karen
Buckley/ENRON@enronXgate, Chuck Ames/NA/Enron@Enron, Bilal
Bajwa/NA/Enron@Enron, Russell Ballato/NA/Enron@Enron, Steve
Gim/NA/Enron@Enron, Mog Heu/NA/Enron@Enron, Juan Padron/NA/Enron@Enron, Vladi
Pimenov/NA/Enron@Enron, Denver Plachy/NA/Enron@Enron, Paul
Schiavone/ENRON@enronXgate, Elizabeth Shim/Corp/Enron@ENRON, Matt
Smith/NA/Enron@ENRON, Joseph Wagner/NA/Enron@Enron, Jason
Wolfe/NA/Enron@ENRON, Virawan Yawapongsiri/NA/Enron@ENRON
cc: Ted C Bland/ENRON@enronXgate
Subject: Dinner Invitation - April 10, 2001 (For Trading Track)

You are cordially invited to attend cocktails and dinner on April 10, 2001 at
La Colombe d'Or restaurant located at 3410 Montrose Blvd (a map can be found
at www.lacolombedor.com).  Cocktail hour will start at 7:00 pm with dinner to
follow.

Please note:  this dinner is for the Trading Track Program.

Please RSVP to Ted Bland at extension 3-5275 before April 6, 2001.


Thank you for your email.  Attached is the final version of  the agreement ready for execution.  Please print two originals sign and return same to my attention.  I will return an original fully executed agreement for your records.  Should you have any questions, please do not hesitate to give me a call.

Regards,
Debra Perlingiere
Enron North America Legal
1400 Smith Street, EB 3885
Houston, Texas 77002
dperlin@enron
713-853-7658
713-646-3490 Fax

 -----Original Message-----
From: 	JKELLY@sjindustries.com@ENRON [mailto:IMCEANOTES-JKELLY+40sjindustries+2Ecom+40ENRON@ENRON.com]
Sent:	Tuesday, September 18, 2001 10:29 AM
To:	Perlingiere, Debra
Cc:	KittyeBedinger@sjresources.com; JBodrog@sjindustries.com; RWalker@sjindustries.com
Subject:	ENRON Master Gas Agreement

Ms. Perlingiere:

Our legal counsel has concluded their review of the Master Firm/Purchase/Sale
Agreement, the draft of which you forwarded to me via e-mail on 8/20/01.

Please make the following revisions:

Exhibit A - TO CUSTOMER:
Notices/Correspondence:
South Jersey Industries Inc.
1 South Jersey Plaza
Folsom, New Jersey 08037
Attn:  Risk Management Department
Tel No. 609-561-9000
Fax No. 609-704-1304

Invoices and Payments:
South Jersey Resources Group, LLC
2350 Airport Freeway, Suite 200
Bedford, Texas 76022
Attn:  Mark Tomich
Tel No. 817-283-0822
Fax No. 817-283-1080

Nominations and Confirmations:
South Jersey Resources Group, LLC.
Tel No. 817-283-0891
Fax No. 817-283-1080

Exhibit C (page 2 - paragraph 7)  To Contract Party:
Exhibit D (page 2 - paragraph 7)  To Guarantor:

South Jersey Industries, Inc.
Attn. Risk Management Department
One South Jersey Plaza
Route 54, Folsom, NJ 08037
Telephone # 609-561-9000
Facsimile # 609-704-1304

Also: on Exhibit D, bottom of page 2,  correct the spelling of INDUSTRIES

We have no other revisions/amendments that need to be made.

Once these changes have been made, please forward the original document to us
for signature.

Please do not hesitate to contact me if you have any questions


Alex,

sorry we keep missing each other.  i understand you are out of the country this week.  give me a call when you get a chance.  you can reach me at any of the following numbers

work  713-853-5220
cell   713-992-0660
home 713-465-1641

i look forward to hearig from you.

Greg


Mark:  Where do we stand on this issue?

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com


Thank you very much for getting this to us when promised.

	Enron Capital & Trade Resources Corp.

	From:  "Whalen, Brian" <BWhalen@SPPC.com>
03/23/2001 04:00 PM

To: "'Mary Hain (E-mail)'" <Mary.Hain@enron.com>, "'Don Hammond (E-mail)'"
<don.hammond@enron.com>
cc: "Porter, Gary" <GPorter@SPPC.com>, "Luna, Larry" <LLuna@nevp.com>,
"Gifford, Sharon" <SGifford@nevp.com>, "Assuras, Pat" <PAssuras@SPPC.com>,
"Westadt, Connie" <CWestadt@sppc.com>
Subject: Draft TSA - as promised

Mary,
 Here is the draft TSA you requested.  Mike has provided the
supporting information.  Although the Interconnection Study and System
Impact Study are included, the IOA is not.  That will be subject to
finalization in parallel with this document.

Brian

 <<EnronLTSAdraft.doc>>  <<ENRON230MWFinal-CaseJ.pdf>>
<<ENRON_system_impact_report.pdf>>

 - EnronLTSAdraft.doc
 - ENRON230MWFinal-CaseJ.pdf
 - ENRON_system_impact_report.pdf


I am so sorry about Jack.  It is very difficult for me to accept that he is gone.  He was a very special man to me as I was growing up.  Jack was as much like an Uncle to me as any of my blood relatives.  He always represented the pillar of strength while still being able to to be one of the most loving and compassionate people I have ever known.  To me Jack was everything a man was supposed to be.

It always made me proud to talk to Jack about my football games and later on the oil and gas business.  It was neat that in a way I was following a similiar path in life to the one that Jack had taken.  And when my daughter was born I began to see how he must of felt about his three wonderful daughters, who I still consider to be like sisters to me.  I was so excited when Little Jack was born this year because I knew how proud and excited he must have been to finally have his boy.  I hope someday I have the opportunity to tell him what a special man his Grandpa was.

The thing I always will remember about Jack was that when he walked into a room, he filled it up, not because of his size, but because of his enormous personality and lust for life.  He could always put a smile on your face. The world has lost a very special man.

I know this is hard for you and the girls.  It is hard for me to write this without breaking up. I Love you guys and wish I was there with you.

Love

Mark Whitt


Doug

I just sent this to Lloyd.  Appreciate your confidence on the matter...as you
can see not everybody is onside with things.  Unbalanced schedules go hand in
hand with LMP - logically we won't/can't get unbalanced schedules in ERCOT
without admitting we favor LMP for dispatch.  We can and will minimize this
point during the discussion about balanced/unbalanced schedules but
eventually one leads to the other.  Anyway the way in which LMP uses price
signals to clear congestion is in our commercial interests.

 I really don't understand what is going on...how can this possibly be just a
case of not understanding how things work?

Regards, Ron
----- Forwarded by Ron McNamara/NA/Enron on 03/02/2001 07:50 AM -----

	Ron McNamara
	Sent by: Ron McNamara
	03/02/2001 07:45 AM

		 To: Lloyd Will/HOU/ECT@ECT
		 cc:
		 Subject: What next?

Lloyd

 Yesterday I was at a meeting of the Protocol Review Committee in ERCOT.  At
lunch, Brad Jones from TXU approached me with some shock and surprise.
Apparently there is a fairly strong rumor going around that Enron has
retrenched back to the no "pool" zonal model, that I have been completely
marginalized, and that Robin Kittel resigned in response to this reversal.  I
assured him that this was not the case.  Then I receive a note from Bill
Hogan this morning (see below) which indicates what Rick Shapiro is saying
publically.  I know that I am prone to overreacting, but I don't see how his
statements help our efforts in ERCOT or SPP (or Florida for that matter) all
they do is allow other market participants to think we (I?) don't know what
is going on.  Why couldn't Rick have simply said that, as a general rule, for
the real time aspects of the market, we favor PJM?  He could have indicated
that we think there are problems with the FTRs, ancillary services and the
scale/scope of the RTO but for real time dispatch we think PJM has some real
benefits.  This would have been consistent with what we have been saying in
ERCOT and SPP - and what we will eventually have to say in the Alliance if we
are to be successful in changing that RTO.  Lloyd I really don't know what
else I can do...

Regards, Ron

Ron,

         I was on a panel yesterday with Rick Shapiro at an AEI Conference
in DC.  In response to a question about Enron's position regarding  PJM
type models, he said that there had been a filing in Texas which might have
created the impression Enron was now in support of a PJM
approach.  However, he said, it was more complicated than that, and in any
event that Enron had "withdrawn the filing in Texas."

         Has the filing been withdrawn?  What happened here?

Bill


$36 and i am not sure...around 200 i think.

me

-----Original Message-----
From: Jennifer Reitmeyer [mailto:jennsreit@houston.rr.com]
Sent: Friday, October 12, 2001 7:34 AM
To: Jay
Subject: couldn't sleep again!

What is the lowest amount on the stocks you have and how many?
heart
me


It's that time again to enter your hours and activities for May, 2001.  Please go to the following path O:\Energy_Ops\OPM Hours Survey\ProdUser_2000 (use ProdUser_97 if you have not converted to Windows 2000) in Access 2000 to access the hours survey.  Do not attempt to access the database links sent to you in the past because the file names have been changed and the link will not work.

Please have your survey completed by Tuesday, June 5.  Please call me if you have any questions or need me to help you complete the survey.

Thanks,
Roxanne
(x 5-8690)


Hey, at least you can sew...

From: Sheila Tweed@ECT on 02/20/2001 04:44 PM
To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: Re: Dick Westfahl Retirement - Bambi would be proud...

How creative!  I wish I knew how to do this sort of stuff.


Joanie!
I have been soooo busy lately and I'm starting to feel like I sold my soul to
the Enron devil. In fact, I have no time to be writing this e-mail right now,
but I've been meaning to drop a line and catch up with you. I also just ran
into Brigdet (from the class below us at SMA) at lunch - apparently she's
married to some baseball player. Crazy! So right away I had to contact my
ever-realistic "single" friend to bring me some sanity. I'm actually dating a
guy right now, but it still gives me the chills to hear about anyone near my
age walking down the toilet...I mean aisle. Anyway, call me, or I'll call you
tonight - let's dish! I hope everything's great with you - I expect nothing
less. I have lots of interesting stories to tell about how and why I've come
to the decision that I'm sending my roommates to rehab.

Love,
Kate
503-464-7486 (work)
503-288-6546 (home)
503-819-2181 (cell)


Dear OU Team:

Thanks to each of you for your help this season.  As many of you know, this
past Super Saturday was quite a success!

I have included a list of the 7 candidates in attendance this past weekend.
Unfortunately, 2 out of the 7 candidates will not receive offers.  I have
indicated them in gray.

I have personally called all 7 candidates to inform them of their offer
status.

Thanks again for all your help!  Please feel free to call and congratulate
these superstars!