fyi
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 03/01/2000
06:56 AM ---------------------------

"SmartPortfolio.Com" <admin_update@smartportfolio.com> on 02/29/2000 07:25:58
PM
Please respond to "SmartPortfolio.Com" <admin_update@smartportfolio.com>
To: Sara Shackleton/HOU/ECT@ECT
cc:
Subject: SmartPortfolio.Com Update: Markets Soar on Blue Chip and Tech Rally

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Update February 29, 2000

Tuesday's Market Update: Markets Soar on Blue Chip and Tech Rally

 1. Tuesday's Market Action
 2. Internet and Tech Stocks
 3. Notable Earnings Announcements
 4. Notable Upgrades and Downgrades
 5. Stock Splits
 6. IPO Commentary
 7. IPOs Trading Tuesday
 8. IPO Calendar

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The Smart!IPO Report focuses on promising companies poised for
strong returns in their IPOs and beyond.  Today's performances
of Net.genesis (Nasdaq:NTGX), up 215.63%, Avenue A
(Nasdaq:AVEA), up 200.00%, and NIKU (Nasdaq:NIKU), up 187.50%,
are just three examples.

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Need this report sooner?  Please remember that you can always
read the update on our web site at
http://www.smartportfolio.com/update
The update is posted at approximately 6:00 PM EST every day.

1.  Tuesday's Market Action

                               $ Change   % Change      Close
Dow Industrials                  +89.66     +0.89%   10128.31
S&P 500                          +18.37     +1.36%    1366.42
Nasdaq                          +118.84     +2.60%    4696.69
Internet Stock Index             +32.33     +3.37%     991.92

Blue chips powered forward and sent the Dow higher on Tuesday,
while Internet and tech stocks thrust the Nasdaq to another
record high as investors put away their fears about market
volatility and potential interest rate hikes by the Fed.

Several sectors that had been suffering from beaten-down stocks
rallied back today, including the financial services sector, as
several brokerage firms outperformed.  Lehman Brothers
(NYSE:LEH) closed up 4 3/4 (+7.00%) to 72 9/16, Goldman Sachs
(NYSE:GS) gained 4 (+4.55%) to 92, National Discount Brokers
Group (NYSE:NDB) soared 45.77% (up 14 3/16) to 45 3/16, Merrill
Lynch (NYSE:MER) rose 5 3/8 (+5.54%) to 102 5/16, JP Morgan
(NYSE:JPM) closed up 2 5/8 (+2.41%) to 111 3/8, and Charles
Schwab (NYSE:SCH) jumped 12.23% (up 4 9/16) to 41 7/8.

Oil service stocks also had a strong day on Wall Street as gas
is trading at its highest levels since the Gulf War and as crude
oil prices continue to skyrocket.  Halliburton (NYSE:HAL) gained
3 5/16 (+9.50%) to 38 3/16, Schlumberger (NYSE:SLB) rose 4 1/2
(+6.50%) to 73 3/4, Transocean Offshore (NYSE:RIG) closed up 3
1/16 (+8.52%) to 39, Cooper Cameron (NYSE:CAM) gained 2 5/16
(+4.36%) to 55 5/16, and Smith International (NYSE:SII) rose 2
3/4 (+4.58%) to 62 3/4.

Merger-mania continued in the media and entertainment sectors as
Clear Channel Communications (NYSE:CCU), the U.S. radio and
billboard giant, and SFX Entertainment (NYSE:SFX), a provider of
live entertainment shows, jointly announced that Clear Channel
will acquire SFX in a deal valued at approximately $2.7 billion.
By expanding Clear Channel's presence in areas such as concerts,
sporting events and theatrical productions in more than half of
the top 50 U.S. markets, the acquisition is expected to result
in greater value for Clear Channel's 1,000 radio stations
worldwide.  Shares of Clear Channel fell 8 1/4 (-10.97%) to 66
15/16, shares of SFX edged up 9/16 (+1.48%) to 38 9/16, while
shares of other media and entertainment players had a great day
on Wall Street, with Seagram (NYSE:VO) gaining 5/8 (+1.11%) to
56 3/4, Viacom (NYSE:VIA) closing up 5 9/16 (+11.10%) to 55
11/16, and CBS (NYSE:CBS) jumping 11.85% (up 6 5/16) to 59 9/16.

Two Dow giants entered into a ground-breaking agreement on
Tuesday, as Boeing (NYSE:BA) and General Electric (NYSE:GE)
jointly announced that they will begin the production of two
state-of-the-art lines of long-range jet aircrafts, including
the world's longest-range airplane that would be capable of
flying nonstop from New York to as far as Malaysia.  The
companies designed the new twin-engine jets in an effort to
compete more effectively with a new airplane from Europe's
Airbus Industrie.  The first deliveries of the new jets are
scheduled for September 2003.  Shares of Boeing dropped 3/16 (-
0.51%) to 36 13/16, while shares of General Electric gained 3
9/16 (+2.75%) to 133.

In other Dow action:

<> International Business Machines (NYSE:IBM) and Hewlett-
Packard (NYSE:HWP) were selected by Delta Air Lines (NYSE:DAL)
to supply personal computers under the airline's program to
provide subsidized computers to its workers.  Shares of IBM fell
2 5/16 (-2.21%) to 102 3/16, while shares of Hewlett-Packard
closed up 6 15/16 (+5.38%) to 135 13/16.

<> Philip Morris (NYSE:MO) shares edged up 1/16 (+0.31%) to 20
1/8 following the company's announcement that it would give up
its fight to challenge the Food and Drug Administration's
proposals geared towards regulating the tobacco industry.

<> Walt Disney (NYSE:DIS) shares closed up 3/4 (+2.29%) to 33
1/2 on the heels of Monday's announcement by the entertainment
company that its cable television group had struck agreements
with three cable television system operators to carry the
company's new all soap opera network SoapNet.

2. Internet and Tech Stocks

For a FREE trial to SmartPortfolio.Com's in-depth analysis of

selected Internet stocks, please visit:
http://www.smartportfolio.com/freetrial
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click here

The Nasdaq's surge resulted in several record highs during the
day's trading for a broad range of Internet and tech stocks,
including Brocade Communications (Nasdaq:BRCD), which gained 6
1/16 (+2.14%) to 289 1/8, Applied Mirco Circuits (Nasdaq:AMCC),
which rose 19 5/8 (+7.68%) to 275 1/16, PMC-Sierra
(Nasdaq:PMCS), which closed up 14 5/16 (+8.01%) to 193 1/16, COR
Therapeutics (Nasdaq:CORR), which finished up 8 1/8 (+9.97%) to
89 5/8, Texas Instruments (NYSE:TXN), which gained 11 1/16
(+7.10%) to 166 15/16, and Motorola (NYSE:MOT), which rose 11
13/16 (+7.45%) to 170 5/16.

Chip stocks were a driving force behind the Nasdaq's strong
performance, as analysts and investors anticipate a huge demand
for computer memory chips to run wireless products such as hand-
held organizers and cellular telephones.  Altera (Nasdaq:ALTR)
closed up 8 1/4 (+11.54%) to 79 3/4, Lam Research (Nasdaq:LRCX)
jumped 13.08% (up 18 1/16) to 156 1/8, Xilinx (Nasdaq:XLNX)
gained 13.52% (up 9 1/2) to 79 3/4, KLA Tencor (Nasdaq:KLAC)
rose 8 1/8 (+11.64%) to 77 15/16, and Rambus (Nasdaq:RMBS)
soared 25.16% (up 60 5/8) to 301 5/8.

Leading Tuesday's telecom news was the announcement by TeleCorp
PCS (Nasdaq:TLCP), AT&T Corp.'s (NYSE:T) largest wireless
telephone partner, that it will acquire Tritel Inc.
(Nasdaq:TTEL), AT&T's #2 wireless affiliate, in a transaction
valued at $5 billion.  The deal would result in a combined
company having a contiguous wireless network running from the
Great Lakes to the Gulf of Mexico.  Pursuant to the agreement,
AT&T will obtain TeleCorp's existing wireless operations in the
Boston area in exchange for $100 million in cash, as well as
wireless licenses and rights to acquire licenses in Iowa and
Wisconsin.  Shares of TeleCorp fell 8 1/16 (-14.93%) to 45
15/16, shares of Tritel catapulted 32.29% (up 7 3/4) to 31 3/4
and shares of AT&T gained 4 7/16 (+9.86%) to 49 7/16.

In other telecom action, Amdocs Ltd. (NYSE:DOX), a leading
provider of integrated customer care and billing systems for
wireless telecom operators and service providers, announced on
Tuesday that it would acquire billing and customer care software
maker Solect Technology Group in a deal valued at about $1
billion.  The move by Amdocs is expected to strengthen the
company's presence in the market for billing and customer care
software for the Internet.  Shares of Amdocx jumped 13.26% (up 8
11/16) to 74 3/16.

America Online (NYSE:AOL) and Time Warner (NYSE:TWX) jointly
announced on Tuesday that the companies will open up their cable
television systems to other Internet service providers upon the
completion of their blockbuster merger.  The move was seen by
analysts as a potential catalyst for the rest of the industry to
follow suit.  Specifically, the pledge to give customers greater
choices could put tremendous pressure on long-distance phone and
cable television operators, including telecom giant AT&T, to
further open their systems to rival Web-access providers.
Shares of AOL, the #1 Internet service provider, fell 1 11/16 (-
2.78%) to 58 15/16, while shares of Time Warner, the world's
biggest media company, dropped 1 3/16 (-1.37%) to 85 1/2.

Other big movers in the Internet and technology sectors
included:

<> 3Com (Nasdaq:COMS), which jumped 23.95% (up 18 15/16) to 98
on tremendous demand for the spin-off of the company's Palm
unit.  3Com increased the price range for Palm's IPO to $30-$32
per share from $14-$16 per share.  The public offering of 23
million shares could now generate as much as $736 million.

<> SpeedUs.com (Nasdaq:SPDE), which skyrocketed 136.69% (up 11
7/8) to 20 9/16, riding on the wave of popularity among
investors of wireless handheld device manufacturers and services
providers.

<> Redback Networks (Nasdaq:RBAK), which jumped 21 1/4 (+7.66%)
to 298 1/2 following yesterday's positive remarks from Lehman
Brothers.

Leading Internet and tech stocks performed as follows:

Company                        $ Change   % Change      Close
Amazon (Nasdaq:AMZN)             +3 1/8     +4.75%     68 7/8
America Online (NYSE:AOL)        -1 5/8     -2.68%         59
Commerce One (Nasdaq:CMRC)       -2 1/2     -1.18%    208 7/8
Cisco (Nasdaq:CSCO)              +1 5/8     +1.24%   132 3/16
CMGI (Nasdaq:CMGI)             +13 3/16    +11.33%   129 9/16
Dell (Nasdaq:DELL)                -3/16     -0.46%   40 13/16
Ebay (Nasdaq:EBAY)             -1 11/16     -1.16%    143 3/8
ExciteAtHome (Nasdaq:ATHM)       +15/16     +2.81%    34 5/16
Exodus (Nasdaq:EXDS)             +8 5/8     +6.45%    142 3/8
Intel (Nasdaq:INTC)                +5/8     +0.56%        113
Juniper (Nasdaq:JNPR)           +45 1/4    +19.75%   274 5/16
Lucent (NYSE:LU)               +1 39/64     +2.77%   59 39/64
Microsoft (Nasdaq:MSFT)         -2 3/16     -2.39%     89 3/8
Oracle (Nasdaq:ORCL)             +5 5/8     +8.20%     74 1/4
Schwab (NYSE:SCH)                +4 5/8    +12.40%   41 15/16
Sun Micro (Nasdaq:SUNW)          +1 3/8     +1.46%     95 1/4
Qualcomm (Nasdaq:QCOM)           -13/16     -0.57%   142 7/16
Qwest (NYSE:Q)                     +1/4     +0.54%     46 1/4
Yahoo (Nasdaq:YHOO)              -2 1/4     -1.39%  159 11/16

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3. Notable Earnings Announcements

For a calendar of recent and upcoming earnings announcements,
please visit: http://www.smartportfolio.com/earnings.asp
AOL users
click here

Target Corp. (NYSE:TGT) announced on Tuesday that its quarterly
profits rose 15% as a result of strong sales at the company's
upscale discount Target stores.  Earnings came in at $1.12 a
share, beating the 97 cents a share from the year-ago period and
quarter and exceeding First Call consensus estimates of $1.10 a
share.  Shares of the giant retailer edged up 1/8 (+0.21%) to
59.

Smithfield Foods (NYSE:SFD), the #1 U.S. pork producer, reported
on Tuesday that its fiscal third quarter profits were hit hard
by flooding in North Carolina and lower profit margins on fresh
pork.  The company's income came in at 36 cents per share, down
from $1.31 per share in the year-earlier period and below Wall
Street analysts' forecasts of 57 cents per share.  Shares of
Smithfield Foods closed down 1/4 (-1.59%) to 15 1/2.

BJ's Wholesale Club (NYSE:BJ) announced on Tuesday that its
quarterly profits jumped 26.5% and came in at 63 cents a share,
which beat First Call consensus estimates of 62 cents per share.
Shares of the retail powerhouse rose 2 3/8 (+8.30%) to 31.

4. Notable Upgrades and Downgrades

For full coverage of today's upgrades, downgrades and coverage
initiations, please click on the appropriate links below:

-- Upgrades - http://www.smartportfolio.com/upgrades.asp
AOL users
click here

Aetna (NYSE:AET) was upgraded by Prudential from hold to
accumulate. Shares were up 1 5/8 to 41 1/8.

Allergan (NYSE:AGN) was upgraded by PaineWebber from attractive
to buy and by Warburg Dillon Read from hold to buy.  Warburg set
a $64 target price on the stock.  Shares were off 1/8 to 50
5/16.

Anheuser-Busch (NYSE:BUD) was upgraded by Morgan Stanley Dean
Witter from outperform to strong buy but analyst Andrew Conway
lowered his price target on the shares from $90 to $78.  Shares
jumped 2 7/8 to 64 1/8.

Circuit City Stores (NYSE:CC) was upgraded by Goldman Sachs'
analyst Matthew Fassler from market outperform to its
Recommended List.  Shares were up 4 9/16 to 40 3/8.

McGraw-Hill (NYSE:MHP) was upgraded by CS First Boston from hold
to strong buy.  Shares were up 4 3/8 to 50 7/8.

-- Downgrades - http://www.smartportfolio.com/downgrades.asp
AOL users
click here

Hershey Foods (NYSE:HSY) was downgraded by Lehman Brothers from
buy to outperform.  Shares were off 3/16 to 43 15/16.

Paychex (Nasdaq:PAYX) was downgraded by Robert W. Baird from
short-term market outperform to short-term market perform.
Shares were off 3/16 to 50 1/16.

Robertson Stephens downgraded several rental car companies
today. Hertz (NYSE:HRZ) was downgraded from buy to long-term
attractive; shares were up 3/8 to 35 13/16. Avis Rent A Car
(NYSE:AVI) was downgraded from buy to long-term attractive;
shares were lower by 1 3/16 to 14 9/16.  Dollar Thrifty
Automotive (NYSE:DTG) was downgraded from buy to long-term
attractive; shares were off by 1 1/4 to 13 1/8.

US Bancorp (Nasdaq:UBAN) was downgraded by CIBC World Markets
from buy to hold. Shares were up 3/16 to 9 13/16.

-- Coverage Initiations
http://www.smartportfolio.com/initiated.asp  AOL users
click here

Abbott Laboratories (NYSE:ABT) was started by CS First Boston
with a buy rating.  Shares were off 3/8 to 32 3/4.

Adobe Systems (Nasdaq:ABDE) was initiated by PaineWebber with a
buy rating.  Shares were up 4 3/16 to 102.

Alerta Corp. (NasdaqNM:ALTR) was started by Chase H&Q with a buy
and was added to the investment bank's Focus List.  Alerta was
up 8 1/4 to 79 3/4.

AVANEX Corp. (Nasdaq:AVNX) had coverage initiated by several
investment banks today. Lehman Brothers started coverage with a
buy rating; Dain Rauscher Wessels initiated coverage with a
strong buy rating; Robertson Stephens started coverage with a
buy; and USB Piper Jaffray initiated coverage with a strong buy
rating.  Shares were up 3/8 to 208 3/8.

Boston Scientific Corp. (NYSE:BSX) was started by CS First
Boston as a hold.  Shares were up 1/4 to 18 1/4.

Digital Island (Nasdaq:ISLD) was started by Goldman Sachs with a
market perform rating and by Dain Rauscher Wessels with a strong
buy rating. Goldman's analyst, Michael Parekh, forecasts a loss
of $5.15 in 2000 and $5.82 in 2001. Shares were up 5 1/8 to 116
1/8.

EON Communications (Nasdaq:EONC) was started by W.R. Hambrecht
with a market outperform rating.  Shares were off 1 3/8 to 22
5/8.

Johnson & Johnson (NYSE:JNJ) was started by CS First Boston with
a strong buy rating.  Shares were off 3/4 to 71 3/4.

Juniper Networks (Nasdaq:JNPR) had coverage initiated by Wit
SoundView with a strong buy rating.  Shares soared 45 1/4 to 274
5/16.

Medtronic (NYSE:MDT) was initiated by CS First Boston with a buy
rating.  Shares were up 7/16 to 48 7/16.

Microchip Technology (Nasdaq:MCHP) was started by Chase H&Q with
a buy rating.  Shares were up 9 1/8 to 62 7/16.

5. Stock Splits

To obtain the latest information on stock splits, please visit:
http://www.smartportfolio.com/splits
AOL users click
here

This chart shows the companies that will split their shares
during the next 4 business days.  The "Pay" column shows the
payable date.  The "Ex" column refers to the ex-date, the date
on which the stock begins to trade at its split-adjusted price.
The ratio refers to the number of split shares stockholders will
receive (a 2:1 ratio means that stockholders will receive one
additional share for each share they already hold).

Pay     Ex                                   Ann.    Split
Date    Date    Company                Sym.  Date    Ratio
Feb 29  Mar 1   Anadigics              ANAD  Jan 28  3-2
Feb 29  Mar 1   Global Technologies    GTLL  Jan 06  3-2
Feb 29  Mar 1   TMP Worldwide          TMPW  Jan 11  2-1
Feb 29  Mar 1   WebTrends              WEBT  Jan 24  2-1
Mar 1   Mar 2   DSP Group              DSPG  Jan 24  2-1
Mar 1   Mar 2   Jones Pharma           JMED  Feb 03  3-2
Mar 1   Mar 2   Kirlin Holding Corp.   KILK  Feb 07  2-1
Mar 1   Mar 2   Modem Media            MMPT  Jan 05  2-1
Mar 1   Mar 2   Onyx Software          ONXS  Jan 31  2-1
Mar 2   Mar 3   Group 1 Software       GSOF  Feb 07  3-2
Mar 2   Mar 3   Jack Henry & Assoc.    JKHY  Jan 31  2-1
Mar 2   Mar 3   Winstar Communications WCII  Feb 03  3-2
Mar 3   Mar 6   Veritas Software       VRTS  Jan 27  3-2
Mar 3   Mar 6   Xcelera.com            XLA   Jan 24  2-1

6. IPO Commentary - http://www.smartportfolio.com/ipo
AOL users click
here.

It was an explosive day in the IPO market today, with 3 much-
anticipated IPOs beginning to trade on a strong day in the
overall equity markets.  Leading the way was Net.genesis
(Nasdaq:NTGX), a provider of e-customer intelligence solutions,
whose shares surged 215.63%.  Another winner was Avenue A
(Nasdaq:AVEA), an online advertising firm, which bolted 200.00%
in its debut.  Finally, NIKU (Nasdaq:NIKU), a provider of
Internet solutions for the sourcing, management and delivery of
professional services soared 187.50% in its IPO after its
pricing range was raised from $10-$12 to $20-$22, which is
usually an indication that the underwriters expect strong demand
for the offering.

Continuing on today's momentum, there is a host of companies set
to go public during the rest of the week, including the much-
hyped IPO of Palm Inc. (Nasdaq:PALM), the provider of handheld
computing devices and spin off of 3Com (Nasdaq:COMS).

All four of these companies - Net.genesis, Avenue A, NIKU, and
Palm - were highlighted in one of the last 2 issues of the
Smart!IPO Repot, which presents in-depth analyses every week of
hot IPOs before they began trading.  To subscribe to a FREE 2-
week trial of the Smart!IPO Report, lease visit:
http://www.smartportfolio.com/freetrials

7.  IPOs Trading Tuesday

Avenue A, Inc. (Nasdaq:AVEA) - Provider of Internet advertising
services.
Price: 24  Open: 76   High: 89
Close: 72  Change: +48 (+200.00%)

Niku Corporation (Nasdaq:NIKU) - Provider of Internet solutions
for the sourcing, management and delivery of professional
services.
Price: 24  Open: 63 1/2  High: 75 1/2
Close: 69  Change:  +45 (+187.50%)

net.Genesis Corp. (Nasdaq:NTGX) - Provider of e-customer
intelligence solutions that enable companies to understand and
improve their online businesses.

Price: 18  Open: 53  High: 59
Close: 56 13/16  Change: +38 13/16 (+215.63%)

8. IPO Calendar - http://www.smartportfolio.com/ipo
AOL users click
here.

*Indicates an Internet related issue.

*3/1 - Urban Cool Network Inc (AMEX:UBN) - Operate
urbancoolnet.com, an online network targeted to the urban
consumer that provides a forum for communications, information
and electronic commerce.

*3/1 - Onvia.com Inc (NASDAQ:ONVI) - A business-to-business
emarketplace for small business buyers and sellers.

*3/2 - Register.com Inc (NASDAQ:RCOM) - Provider of Internet
domain name registration services worldwide.

3/2 - Palm Inc (NASDAQ:PALM) - A global provider of handheld
computing devices.

*3/2 - MatrixOne Inc (NASDAQ:MONE) - Provider of Internet
business collaboration software.

*3/3 - Netpliance Inc (NASDAQ:NPLI) -
Shares: 7,000,000  Amount: $105,000,000  Price Range: $13-$15
Lead Underwriter: Donaldson Lufkin & Jenrette Inc
Pioneering a new model for delivering a simplified and more
relevant Internet experience through consumer Internet
appliances.

*3/3 - AsiaInfo Holdings Inc (NASDAQ:ASIA) - Provider of
Internet-related, information technology professional services
and software products in China.

3/3 - ImageWare Systems Inc (TBA) - Develops, sells and supports
a suite of modular software products that is used by law
enforcement and public safety agencies to manage criminal
history records.

*3/3 - UTStarcom Inc (NASDAQ:UTSI) - Provides communications
equipment for service providers that operate wireless and
wireline networks.

*3/3 - Versata Inc (NASDAQ:VATA) - Provider of comprehensive
suite of software and services that enables customers to rapidly
deploy e-business applications. (Predecessors: Vision Software
Tools Inc, Image Innovation Solutions Inc.

*3/3 - EChapman.com Inc (NASDAQ:ECMN) - Seek to become a leading
interactive online community through EChapman.com, offering both
financial services and a variety of lifestyle, educational and
cultural content selected to appeal particularly to African-
Americans, Asian-Americans, Hispanic- Americans and women market
segments.

*3/3 - Switchboard Inc (NASDAQ:SWBD) - An Internet-based local
merchant network interconnecting consumers, merchants and
national advertisers.

*3/3 - Prime Response Inc (NASDAQ:PRME) - A provider of
integrated eMarketing software solutions that enable businesses
to create, manage and execute highly targeted internet and
traditional marketing campaigns.

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 SAFEGUARD SCIENTIFICS ANNOUNCES 3:1 STOCK SPLIT, JUMPS 21%!
  Smart!Splits Readers Knew About it Beforehand!  Did you?

Didn't know that Safeguard Scientifics (NYSE:SFE) was going to
announce a stock split today?  Subscribers to the Smart!Splits
Report were informed of this possibility in last week's report!

To find out about the next stock split that can enhance your
portfolio, visit: http://www.smartportfolio.com/freetrials
AOL users
click here

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

RECENTLY PROFILED IPOs SOAR IN PUBLIC DEBUTS!

The Smart!IPO Report focuses on promising companies poised for
strong returns in their IPOs and beyond.  Today's performances
of Net.genesis (Nasdaq:NTGX), up 215.63%, Avenue A
(Nasdaq:AVEA), up 200.00%, and NIKU (Nasdaq:NIKU), up 187.50%,
are just three examples.

There are a plenty of HOT companies set to go public in the
coming weeks, and the Smart!IPO Report picks the likely winners
every week!  You can get our IPO analysis by subscribing to a
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Attached are draft Q&A on Enron's response to the Greenpeace letter on
climate change.   This document should be for close distribution to those of
us in Enron Corp and Enron Europe who could potentially get questions on our
response.  More general taking points for use by employees will be developed
for distribution to a wider internal audience.

I would suggest that any detailed questions be referred to me so that we are
able to closely control the messages consistent with our Corporate
statement/strategy on climate.  If questions specific to Enron Europe come
up, they should be referred to PR (Jackie/Kate) in London or Peter Styles in
Brussels, who will coordinate closely with me.

Please review this document and make suggested changes and additions as soon
as possible, as the letter has already been sent to Greenpeace (signed by
Kelly and Mike on 4/30).

Thanks!

Jeffrey Keeler
Director, Environmental Strategies
Enron
Washington DC office - (202) 466-9157
Cell Phone (203) 464-1541


Russell,
 The below two documents are the credit worksheet and the contract
relationship documents which you provided.  The credit worksheet states that
the guaranty should cover ENA, EPMI, ECC and Clinton Energy Management
Services, Inc. and additionally should cover the master energy agreement with
EPMI.  Do we have a date of execution or effective date for such master
energy agreement.  The contract relationship document merely states that the
guaranty should cover the new master firm purchase sale agreement  that ENA
is negotiating with Engage and an master energy agreement between EPMI and
____.  No agreements of any type are specified for ECC or Clinton Energy
Management Services, Inc.  Also, are any of the Master Swap agreements that
ENA has with Engage to be covered by the requested guaranty?  I believe that
we need to get together at your convenience and determine exactly which
contracts Enron Corp. is to cover with the guaranty agreement being offered
as a part of the security for the Master Firm Purchase Sale Agreement.
Please let me know when you will be available to discuss.

	Russell Diamond
	10/13/2000 10:57 AM

		 To: Dan J Hyvl/HOU/ECT@ECT
		 cc: Debra Perlingiere/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, William S
Bradford/HOU/ECT@ECT
		 Subject: Re: Engage

Dan,

I provided all the information that you are asking for on the original credit
worksheet I e-mailed to ENA legal on August 29.  You will notice in the
comments section the Enron entities I wanted covered in the guaranty along
with the Contracts that needed to be reference.  If you need a copy the
specific contracts that need to be covered they can be obtained through the
documentation group, or through 'Live Link' on our computers.  Please make
note of the name change that has now occurred with respect to Engage.

Russell

Dan J Hyvl
10/13/2000 10:24 AM
To: Russell Diamond/HOU/ECT@ECT
cc: Debra Perlingiere/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, William S
Bradford/HOU/ECT@ECT
Subject: Re: Engage

Russell,
 We need closure on the guaranty issue.  All of the guaranty formats you
provided to me covered specific enron entities under specific contracts that
were identified in the guaranty.  If you can give me the specific contracts
for each of the other enron entities you want covered by the Gas physical
master contract of ENA whose payment obligations to Engage Energy Marketing,
L.P.you want guarantied by Enron, I will take the lead to draft the guaranty
and have it forward to Enron Corp for approval prior to sending it out as a
draft to Engage Energy Marketing, L.P.

	Russell Diamond
	10/13/2000 10:11 AM

		 To: Dan J Hyvl/HOU/ECT@ECT, Debra Perlingiere/HOU/ECT@ECT
		 cc: Jeffrey T Hodge/HOU/ECT@ECT, William S Bradford/HOU/ECT@ECT
		 Subject: Re: Engage

Dan,

This is in response to my continued efforts with legal to make note of my
intended priority of executing a Master Firm with Coastal Energy (formerly
Engage US).  As previous e-mails below indicate and phone calls with the ENA
legal group and Coastal, the draft has yet to be sent out.  I have confirmed
with Coastal today, they have STILL not received the draft although are
expecting this from ENA.  We have outstanding exposure with this entity and
is important from a credit, legal, and contractual standpoint that an
agreement is executed.  I understand that in the past they have been
unwilling to negotiate a Master although I want one put in place. Please do
what you need to, to get this draft sent to the counterparty.

Regards,
Russell

---------------------- Forwarded by Russell Diamond/HOU/ECT on 10/13/2000
10:00 AM ---------------------------

From:  Russell Diamond
     09/28/2000 10:07 AM

To: Dan J Hyvl/HOU/ECT@ECT
cc: Debra Perlingiere/HOU/ECT@ECT, William S Bradford/HOU/ECT@ECT
Subject: Re: Engage

Dan,

Per Debra's e-mail to me, why can we not include other entities on this
guaranty, it seems we have got guaranty's in place with other counterparty's
in which they reference specific contracts as well as entities not related to
the  contract, i.e. Sempra, Duke, Aquila, Dynegy,......

Dan,
I see the execution of this contract as a priority considering the trading
volumes on Enron Online and current market conditions.  I know in the past,
we have been unable to negotiate a Master Firm with Engage US, although their
legal group is fully aware of our request to negotiate a contract. Please
send the draft out to the contact listed on the credit worksheet and
priortize the negotiation of this contract.

Regards,
Russell

DEBRA PERLINGIERE
09/27/2000 12:05 PM
To: Russell Diamond/HOU/ECT@ECT
cc: Dan J Hyvl/HOU/ECT@ECT
Subject: Engage

  This draft has not been sent due to pending guaranty issues.  The attached
has guaranties for The Coastal Corporation and Enron Corp.  for 20mm / 30 mm
( per your change) and are specific to this agreement.  Dan has advised the
guaranties are written for the agreement and we cannot change to include
other Enron Companies.  You will need to contact  Enron Corp. for a guaranty
to included other companies.

Please let me know how you wish to proceed.  Finally, the contact on your
worksheet is Faye Carlin (713) 877-7133

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


I am SO excited about going up and about seeing you guys.  We're going to try
(fingers crossed) to leave tomorrow afternoon.  Can you guys bring Annie?
(please?).


Rob,

I know we have visited before on this product, but now I would like to go
ahead up.  I need to set up a Gas Daily Index product priced off of IF Katy.
The short name would be IF GD/D Katy.

Thanks,

Eric
x3-0977


We need to talk about instantaneous supply and how it is dealt with under your Sand Hills contract. The contract I am working on with Austin really doesn't address this issue and in order for me to include this in the contract we will need to talk. I have a call in also with Lonestar to talk about this as well. I have Janet Wallis helping me address some of these issues. We may want to schedule a meeting to include her also.

Let me know where we stand.


Please send it to kelly if you don't mind.

Thanks
William W. Brown


Hi Scott,

Eric Boyt is back in town and we are following up with him on the Trading Track,   as he is a manager currently, he is concerned that this would be a step down.   From a salary perspecitve he is on a higher scale than that of the preent trading track individuals... we would have to take him into the trading track as a manager?   I am meeting with him today to discuss the TT in more detail.. you may want to touch base with him also on this if you have time.

Thanks, Karen.

 -----Original Message-----
From: 	Neal, Scott
Sent:	Friday, May 11, 2001 5:00 PM
To:	Buckley, Karen
Subject:	RE: trading track candidate

I have 3 addtional candidates for consideration:

Seung-taek Oh (Associate - Credit Derivatives)
Scott Loving   (East Logistics)
Eric Boyt   ( Gas Structuring)

From:	Karen Buckley/ENRON@enronXgate on 05/08/2001 01:42 PM
To:	Scott Neal/HOU/ECT@ECT
cc:
Subject:	RE: trading track candidate

Thanks, I have sent him a note notifying him and requsting his resume.

Thx. kb.

 -----Original Message-----
From: 	Neal, Scott
Sent:	Tuesday, May 08, 2001 1:36 PM
To:	Buckley, Karen
Cc:	Lavorato, John
Subject:	trading track candidate

I would like Joe Casas (currently East logistics) to participate in the interview process.
---------------------- Forwarded by Scott Neal/HOU/ECT on 05/08/2001 01:34 PM ---------------------------
From:	John J Lavorato/ENRON@enronXgate on 05/02/2001 04:36 PM
To:	Phillip K Allen/HOU/ECT@ECT, John Arnold/HOU/ECT@ECT, Berney C Aucoin/HOU/ECT@ECT, Mark Dana Davis/HOU/ECT@ECT, Chris Gaskill/ENRON@enronXgate, Doug Gilbert-Smith/Corp/Enron@ENRON, Mike Grigsby/HOU/ECT@ECT, Rogers Herndon/HOU/ECT@ect, Louise Kitchen/LON/ECT@ECT, John J Lavorato/ENRON@enronXgate, Thomas A Martin/ENRON@enronXgate, Ed McMichael/HOU/ECT@ECT, Scott Neal/HOU/ECT@ECT, Kevin M Presto/HOU/ECT@ECT, Jim Schwieger/ENRON@enronXgate, Hunter S Shively/ENRON@enronXgate, Fletcher J Sturm/HOU/ECT@ECT, Martin Thomas/Enron@EUEnronXgate, Lloyd Will/HOU/ECT@ECT
cc:	Karen Buckley/LON/ECT@ECT, Neil Davies/ENRON@enronXgate
Subject:

We were thinking of having another interview session for the Trading Tract later this month.   I've been screening outside resumes but internally we haven't received many suggestions from each of you about other people already at Enron.  If you think anyone could qualify send the name to Karen Buckley.  If we don't have enough candidates, we will wait until the new analysts and associates arrive and do a session then.

Lavo


UGH!!  I am happy for you, but know that Enron will be losing as you leave.
I am pleased that the opportunity at Reliant is an exciting one for you, and
I know that you will do a great job.  It has been fun to work with you,
Ginger, and I too will miss that.  Best of luck to you!  --Sally

	From:  Ginger B Gamble                           06/22/2000 05:24 PM

To: Amy Lee/Corp/Enron@ENRON, Rachael Tobor/HOU/EES@EES, Edward
Coats/Corp/Enron@ENRON, Tonai Lehr/Corp/Enron@ENRON, Jennifer
Kennedy/Corp/Enron@ENRON, Brent A Price/HOU/ECT@ECT, Sally Beck/HOU/ECT@ECT,
Greek Rice/Corp/Enron@ENRON, Patricia A Lee/HOU/EES@EES, Jordan
Mintz/HOU/ECT@ECT, Marge Nadasky/HOU/ECT@ECT, Meg Malone/Corp/Enron@ENRON,
Bill Gulyassy/NA/Enron@Enron
cc:
Subject: Enjoyed working with you . . .

I just wanted to drop all of you a note  . . .

I have an outstanding opportunity to head up Reliant's MBA Program.  I will
begin my employment with Reliant the first week in July.  As soon as I am up
and running, I will forward my phone number and email address.  I have
enjoyed working with all of you!

Ginger


I think it is a good experience.  Thanks.  Mark

	Travis McCullough
	10/25/2000 03:06 PM

		 To: Mark E Haedicke/HOU/ECT@ECT
		 cc:
		 Subject: Re: Associate/Analyst Super Saturday Participation - ADDITIONAL
REQUEST

I signed up for a day of interviews on November 4.

Travis McCullough
Enron North America Corp.
1400 Smith Street EB 3817
Houston Texas 77002
Phone:  (713) 853-1575
Fax: (713) 646-3490


---------------------- Forwarded by Mary Hain/HOU/ECT on 10/11/2000 08:43 AM
---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "Brian Harrington" <brian.harrington@ferc.fed.us>
     09/15/2000 04:59 AM

To: <Mary.Hain@enron.com>
cc:
Subject: Re: Response to FERC Data Request for Bulk Power Investigation

I appreciate your quick response.  Yes, we would like response to question 8
for the WSCC only.  Thank yor the names at Enron Wind.  I will contact them
shortly.  Other team members have reviewed your responses, but I have not got
a l chance to look at them in detail.  I plan to do this today.  As a resutl,
I may have further questions or data needs depending upon what was provided.
Please call me at 202-208-2493 if you need anything.

>>> <Mary.Hain@enron.com> 09/14/00 08:06PM >>>

Since you only wanted information for the WSCC, do you want the answer to
number 8 to be corrected to only include information for the WSCC?

We don't have any information here about Enron Winds' generators.  I have
forwarded your data requests to the following people at Enron Wind who I
hope will be able to help you:  John Lamb, Michael Payne, and Hap Boyd.
Their addresses are: Michael Payne/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Hap
Boyd/EWC/Enron@Enron, John Lamb/EWC/Enron@ENRON

 (Embedded     Enron Capital & Trade Resources Corp.
 image moved
 to file:      From:  "Brian Harrington"
 pic05447.pcx) <brian.harrington@ferc.fed.us>
               09/12/2000 08:17 AM

To:   <chris.stokley@enron.com>, <mary.hain@enron.com>
cc:
Subject:  Response to FERC Data Request for Bulk Power Investigation

Thank you for your timely response to FERC's data request.  To date, I have
received responses to questions 2-8.  The only oustanding items are
responses to question #1 and a portion of #4 (unit identifier).  It is
understood that the responses for #1 will be availalbe after September 15
and the additional information for #4 will be available this week.  We will
look over your responses and call you if clarification or additional
information is necessary.  We will treat as you requested #2, 3, 4, 6, and
8 as Confidential.

You were correct is responding only to the WSCC.  We did not purovidea
separate data requests to Enron Wind.  In not doing so, what information
are we missing from our data requests?  Please e-mail me a response to this
questions.  For any other concerns please continue to use e-mail or contact
me at 202-208-2493.

Thanks!


can't make it

	From:  Yvette G Connevey @ ENRON                           03/10/2000 02:38 PM

To: Eric Bass/HOU/ECT@ECT, David Baumbach/HOU/ECT@ECT, Bryan
Hull/HOU/ECT@ECT, O'Neal D Winfree/HOU/ECT@ECT, Sean
Kiehne/AA/Corp/Enron@Enron
cc: Jennifer Stevenson/AA/Corp/Enron@Enron, Sharon Roest/AA/Corp/Enron@Enron,
Brenda F Herod/HOU/ECT@ECT
Subject: February Earnings Meeting

This meeting has been moved to Monday, March 13th from 10 - 11 am in
Conference Room 3014.
---------------------- Forwarded by Yvette G Connevey/Corp/Enron on
03/10/2000 02:29 PM ---------------------------

	Enron North America Corp.

	From:  Yvette G Connevey                           03/06/2000 09:41 AM

To: Eric Bass/HOU/ECT@ECT, David Baumbach/HOU/ECT@ECT, Bryan
Hull/HOU/ECT@ECT, O'Neal D Winfree/HOU/ECT@ECT, Sean
Kiehne/AA/Corp/Enron@Enron
cc: Jennifer Stevenson/AA/Corp/Enron@Enron, Sharon Roest/AA/Corp/Enron@Enron,
Brenda F Herod/HOU/ECT@ECT

Subject: February Earnings Meeting

Please plan to attend a meeting this Friday, March 10th from 1:30 -2:30 in
Conference Room 3084 regarding February Earnings.

If you have any questions or conflicts, please call.

Thank you!
Yvette
x3.5953


It seems that I remember seeing something about  this in the Titan claim
file.  Maybe a copy of it?

From: Carlos Sole on 03/13/2001 03:20 PM
To: kay.mann@enron.com
cc:

Subject: Vorhees Rig International - potential claim against EPCC

I almost felt like saying -- Sorry, John but here's some more bad news.

----- Forwarded by Carlos Sole/NA/Enron on 03/13/2001 03:18 PM -----

	Carlos Sole
	03/13/2001 02:56 PM

		 To: john schwartzenburg
		 cc:
		 Subject: Vorhees Rig International - potential claim against EPCC

FYI

----- Forwarded by Carlos Sole/NA/Enron on 03/13/2001 02:56 PM -----

	Vladimir Gorescu@ENRON_DEVELOPMENT
	03/13/2001 02:47 PM

		 To: Randy Pais@Enron, Carlos Sole@ENRON
		 cc: Michael Pearson/NA/Enron@Enron
		 Subject: Vorhees Rig International - potential claim against EPCC

Randy,

I have just spent an interesting 1/2 hour with Ron Vorhees.  Ron had an MOU
with EPCC/CIGSA to bid a contract with Pemex to put the Titan II to work back
in March of 1998.  We obviously lost the bid, but Vorhees claims that we have
used his company's name and expertise to secure the two drilling rig
contracts PM-4036 & PM-4037.

Vorhees also claims that there is a signed agreement between Enron and his
company to provide consulting services at $125 USD/hour, with a minimum of 80
hours/month, or $10,000/month, for a duration of 985 days starting in March
of 1998.  I read the unsigned copy that Ron Vorhees gave me and it is
specific for the Titan II project that we lost.  I doubt that this agreement
was actually signed, but in any case I would like you to verify your files
to see if you could locate such agreement.

Based upon the above, Vorhees feels that Enron owes him $273,000 USD.  I told
him that Enron will not pay him anything based upon the information that he
showed me.  He may try to get us either through an alledged agreement or
because he feels that he was misled when he dealt with EEPC back in 1998.
His contacts were Bob MacMillan and JamieDunlap.

regards
vladi


> The Top 25 Things You Don't Want to Hear Your Stock Broker Say
>
>  25> "Allow me to illustrate: Suppose this ceramic coffee mug here
> represents your high tech portfolio and this cast iron paperweight
> represents the current economic trends..."
>  24> "No, I don't mean it's time to sell eBay, I mean it's time to sell
>  everything you own *on* eBay."
> 23> "Oops, I had these charts upside down.  Dammit."
>  22> "Can I call you right back?  I've got my bankruptcy attorney holding
>  on > the other line."
>  21> "Please don't hang up-I'm only allowed one call...">
>  20> "First, the good news: you won't have any problems with capital gains
>  taxes this year..."
>  19> "I recommend rolling your last $100 into a blanket, a shopping cart,
>  and > a case of Night Train."
>  18> "Your position in the market?  Bent over, grabbing your ankles."
>  17> "I can't talk long-I'm on my cell phone and the pavement is coming
>  up  *really* fast now..."
>  16> "So then I said, 'What the hell is a margin call?'"
>  15) "Can I borrow fifty bucks?  Seriously."
>  14) "Day trading's for chumps.  *Minute* trading is where the real money
>  is."
>  13) "Given what's happened to your portfolio, I estimate you'll be able
> to retire 5-10 years after your death."
>  12) "I assure you, no one -- *no one* -- has a higher priority with me
>  than > you, Mr. ... Mr. ...">
>  11) "Remember how I said Yahoo was 'unstoppable'?  Apparently it works in
> both directions."
> 10) "Remember, we're in it for the long run... 80 years from now, we'll
>  look > back and laugh."
>  9) "Can I crash on your couch for a few weeks?"
>  8) "Do you know the difference between a PE ratio and a dividend ratio?
>  No, really-I need to know."
>  7) "Dude!  The market's in an *awesome* downward spiral, and we're all >
> like all...  Hey!  Fritos!"
>  6) "Good news!  We can cross 'retirement' off your list of goals.  That's
>  one > less thing to worry about!"
>  5) "Remember when I said that you can't lose more in the stock market
> than you put in?  Okay, never mind that."
>  4) "Sure Proctor & Gamble is a good investment, but wouldn't you rather
>  own > your *own* soap business?  I can help."
>  3) "You'd be worth more if you actually owned *a* red hat instead of
>  shares  *in* Red Hat."
>  2) "You'll have to speak up!  It's very windy on this ledge!">
>  and the Number 1 Thing You Don't Wanna Hear Your Stock Broker Say...
>  1) "Sure it was diversified-we had dot-coms from all OVER the place!"
>
>
>


eSource presents Lexis-Nexis training

ADVANCED

This session will cover advanced searching tips.  It will also cover using
Smart Indexing to narrow your search results.  Find out how to customize your
desktop for easier searching.

Attend our Lexis-Nexis Advanced Clinic:

May. 18     8:30 - 10:00 AM    EB572

PUBLIC RECORDS

Lexis-Nexis is the premier provider of public record information.  We will
learn about materials available to you including Secretary of State Filings
and DBA's, UCC filings, Bankruptcies, and Property Records.  If you are doing
due diligence on companies, especially smaller ones, this is a session you
will want
to attend.

Attend our Lexis-Nexis Public Records Clinic:

May. 18    10:30 AM -12:00 NOON      EB572

Seats fill up fast! To reserve a seat, please call Stephanie E. Taylor at
5-7928
Cost $25.00 Per Person
No Shows will be charged $50.00
* Please bring your Lexis-Nexis login ID and password. If you don't have one,
a guest ID will be provided.

Check the eSource training page at http://esource.enron.com/training.doc for
additional training sessions and vendor presentations.

http://esource.enron.com


Marie:  OK, here's a request from the outside.  Have we heard from Cassandra?

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
----- Forwarded by Sara Shackleton/HOU/ECT on 06/05/2001 11:39 AM -----

	"Thomas P Alterson" <alterson_thomas@jpmorgan.com>
	06/05/2001 11:18 AM

		 To: Sara.Shackleton@enron.com
		 cc:
		 Subject: List of authorized traders

Sara:

Would you please send me a list of authorized traders for Enron NA Corp?  We
are
updating our files and noticed that we are missing an ATL for Enron.

*ATL form:
(See attached file: ATL Enron NA Corp.doc)

Thank you,
Tom Alterson

 - ATL Enron NA Corp.doc


Shirley,

No problem.

Vince

Shirley Crenshaw
03/13/2000 12:08 PM
To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Training Courses

Vince:

Kevin Moore and Jose Marquez would like to take a course entitled
"Wellhead to Burnertip" which is scheduled monthly.  The first course
available would be May 18th and the cost would be $600.00 each.

Is this ok?

Thanks!


>
>
> The following is an aerial photo of the WTC area.  It kinda brings on
> vertigo, but is a phenomenal shot.
>
> http://userwww.service.emory.edu/~rdgarr/WTC.htm


Please disregard the memo below and continue to keep Eastrans deliveries at
zero (0) until further notified.
---------------------- Forwarded by Marta K Henderson/Houston/PEFS/PEC on
09/22/2000 02:40 PM ---------------------------

Marta K Henderson
09/22/2000 09:00 AM

To:   Darrel F. Bane/EastTexas/PEFS/PEC@PEC, John A. Bretz/GCS/CEC/PEC@PEC,
      Chad W. Cass/GCS/CEC/PEC@PEC, Michael R.
      Cherry/EastTexas/PEFS/PEC@PEC, William E. Speckels/GCS/CEC/PEC@PEC,
      Donna C. Spencer/GCS/CEC/PEC@PEC, Julia A. Urbanek/GCS/CEC/PEC@PEC,
      briley@enron.com, dfarmer@enron.com, carlos.j.rodriguez@enron.com,
      Sharon Beemer/FtWorth/PEFS/PEC@PEC, Connie
      Wester/EastTexas/PEFS/PEC@PEC, Ronald C. Douglas/GCS/CEC/PEC@PEC,
      Daniel C Rider/Houston/PEFS/PEC@PEC
cc:

Subject:  Eastrans Nomination change effective 9/23/00

Please increase deliveries into Eastrans to 30,000 MMBtu/dy effective
9/23/00 and continue until further notified.

The redeliveries will be:

7400 from Fuels Cotton Valley
22600 to PG&E


Rudwell,  Attached is the guaranty with my comments redlined.  Please review and forward.  If you have any questions, please call me at x-33512.


I know you are swamped--any idea on the Longitude guys?  They are pushing Tawney for some weather info/business devel.

Jeff


Since Monday, May 28th is a holiday, the next RCR meeting will take place on
Tuesday, May 29 at 12:00 PM (CDT).

Date:  Tuesday, May 29

Time:  12:00 PM (CDT)

Number: 1-800-283-1805

Thanks and please call if you have any questions.

gngr
713-853-7751


Greg,

I realize that Liz forwarded you my thanks, but I wanted to make sure to say
thank you directly for taking the time with me last week.

I look forward to speaking again in the future.

-Tim
______________________________
Tim Healy T'02
603/643-7603


Ruth,

Here is the amendment to the purchase contract, please look it over.  It contains all the transportation options we have talked about and provides us the flexibility we need to re-price the CIG Index piece if there are additional future opportunities.  I will be giving you a call to make sure you have received this amendment and to answer any questions you may have.

Paul


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Shortfall Has Egypt Seeking To Delay Paying Foreign Gas Producers  Egypt, facing a $2.5 billion current account shortfall since September 11, wants to delay payments to foreign companies producing gas for local consumption.  Nabors Industries  Buys  Enserco Energy Service Co.  Nabors Industries Inc. announced it will buy Enserco Energy Service Co. for more than $252 million.    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----- Forwarded by Tana Jones/HOU/ECT on 04/10/2001 05:24 PM -----

	Walter Guidroz/ENRON@enronXgate
	04/10/2001 05:20 PM

		 To: Karen Lambert/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Samuel
Schott/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Brant Reves/ENRON@enronXgate,
Debbie R Brackett/HOU/ECT@ECT, David Hardy/LON/ECT@ECT, Lesli
Campbell/ENRON@enronXgate, Cynthia Clark/ENRON@enronXgate, Enron Europe
Global CounterParty/LON/ECT@ECT, Stephanie Sever/HOU/ECT@ECT, Tom
Moran/ENRON@enronXgate, Claudia Clark/HOU/ECT@ECT, William S
Bradford/ENRON@enronXgate, Lisa Lees/HOU/ECT@ECT, Juana
Fayett/Corp/Enron@Enron, Jana Morse/Corp/Enron@Enron, Trang Le/HOU/ECT@ECT,
Paul Maley/LON/ECT@ECT, Sonya Clarke/LON/ECT@ECT, Tim Davies/LON/ECT@ECT,
Karen O'Day/NA/Enron@Enron, Tanya Rohauer/ENRON@enronXgate, Kelly
Lombardi/NA/Enron@Enron, Brian Lindsay/Enron Communications@Enron
Communications, EOL Call Center@ECT, Bernice Rodriguez/HOU/ECT@ECT, Bill D
Hare/HOU/ECT@ect, Amy Heffernan/Enron Communications@Enron Communications,
Molly LaFuze/Enron Communications@Enron Communications, Danny Clark/Enron
Communications@Enron Communications, Stephanie Panus/NA/Enron@Enron, Teresa
Mandola/Corp/Enron@Enron, Bill Kyle/NA/Enron@Enron
		 cc:
		 Subject: EOL approvals, 04-10-01

Please see attached; thanks.


The following expense report is ready for approval:

Employee Name: James D. Steffes
Status last changed by:  Automated Administrator
Expense Report Name: JSteffes Austin Mtg 10/18/01
Report Total: $261.55
Amount Due Employee: $261.55

To approve this expense report, click on the following link for Concur Expense.
http://expensexms.enron.com


You are enrolled in the following class:

Fundamentals of Corporate Finance

Class Days and Times:
  12/2/99  08:00:00 AM - 05:00:00 PM
EB552,  Houston
No Show/Participant Fee: $700.00
Note:

Please review any prerequisite material to validate your eligibility in this
class.

 We look forward to seeing you at 08:00:00 AM on 12/02/99.  If you have any
questions, please call the ECT Development Center Team at 853-0357.

Thank you.


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 06/28/2000
05:32 PM ---------------------------

"Chris Strickland" <chris@lacima.co.uk> on 06/28/2000 04:48:36 AM
Please respond to "Chris Strickland" <chris@lacima.co.uk>
To: "VinceJKaminski" <Vince.J.Kaminski@enron.com>, "Grant Masson"
<Grant.Masson.ECT@enron.com>
cc: "Julie" <julie@lacima.co.uk>, "Les" <Les@lacima.co.uk>
Subject: Re: chapter 3

Gentlemen,

Thankyou for your fine effort. I'll e-mail thru Thurs eve (Sydney time) what
we have done to incorporate it into our material (which wasn't toooo
painful) to see if it is OK with you. A couple of quick questions though.

Vince - your section had a number of footnote numbers, but no actual
footnotes - can you please resend them?

Grant - I agree it would be good to have the final figure. What happens if
you plot the historical data and the simulations on the same graph - but
with different axis?

Many thanks and best regards.

Chris.


---------------------- Forwarded by Kay Mann/Corp/Enron on 12/22/2000 09:17
AM ---------------------------

	Enron Global Finance

	From:  Mary Perkins @ ECT                           12/22/2000 08:41 AM

To: Fred Mitro/HOU/ECT@ECT, Kay Mann/Corp/Enron@Enron
cc:

Subject: Escrow

As I discussed with Fred this morning, attached are escrow agreements for
both Citibank and Chase.  Let me know which one you want to talk to and I
will hook you up with the agent.


IntercontinentalExchange
                                                                                Firm Power Price Bulletin
                                                                                For Power Delivered on Thursday, October   25, 2001
                                                                                (Trade Date of Wednesday, October   24, 2001)
Click here to access index history.
                                                                                * volume represents sell-side only *

Hub	High	Low	Wtd Avg Index	Change ($)	Vol (Mwh)
Cinergy	         $28.00	         $25.00	         $27.23	+    .33	         103,200
Comed	         $26.50	         $24.75	         $25.58	+   1.33	           4,800
Entergy	         $23.85	         $23.10	         $23.47	-   1.25	          13,600
Nepool	         $40.00	         $39.75	         $39.85	   1.29	           4,000
PJM-West	         $27.10	         $26.25	         $26.79	+    .44	          79,200
TVA	         $26.50	         $25.25	         $26.13	-   1.25	          12,800

                                                                                Includes all trades done from 6 AM to 11 AM Central Prevailing Time on the trade date specified for financially firm power delivered during the on-peak hours (6 AM - 10 PM CPT for Eastern hubs / 6 AM - 10 PM Pacific Prevailing Time for Western hubs) on the delivery date(s) specified.
                                                                                IntercontinentalExchange is the world's most liquid trading platform for over-the-counter energy and metals.  Active markets include North American power and natural gas, global crude and refined oil products, and precious metals.  Traded instruments include forwards, swaps, and options.
In order to receive the proprietary information contained in this email, you acknowledge and agree that you shall not further disseminate the IntercontinentalExchange Market Data contained herein to any person or entity without the express written consent of IntercontinentalExchange.    Furthermore, you acknowledge that (1) IntercontinentalExchange has exclusive and valuable property rights in this data; (2) IntercontinentalExchange's data is being made available to you only for your own business or personal activities; and (3) you cannot communicate the data, in any form, to any other person or entity without the express written consent of IntercontinentalExchange.
This data is provided to you free of charge.  IntercontinentalExchange reserves the right to cancel this service at any time for any reason or no reason at all.
You agree that IntercontinentalExchange does not make any representations or warranties, express or implied, with respect to the data.
To become an Exchange Participant or inquire about the indices, please contact sales@intcx.com.
To unsubscribe from this service, click here unsubscribe.
                                                                                ?Copyright IntercontinentalExchange, Inc. 2001, All Rights Reserved.


John -

I have seen the EPMI agreement and it looks very similar to the one we
forwarded for Net Works.  I will be talking to our internal personnel a bit
further to fully understand Green Mountain's concerns and will get back to
you in the next day or so to see if we can put this matter to bed.

Mark
Senior Counsel, EWS
Phone:     713-345-8897
Facsimile: 713-646-3490
E-Mail:      Mark.Greenberg@enron.com

	"Gray, John" <John.Gray@GreenMountain.com>
	05/18/2001 09:51 AM

		 To: "'Mark.Greenberg@enron.com'" <Mark.Greenberg@enron.com>
		 cc:
		 Subject: RE: Confidentiality Agreement

There is a confidentiality agreement in place with Enron Power Marketing,
Inc., along with several transaction documents.

-----Original Message-----
From: Mark.Greenberg@enron.com [mailto:Mark.Greenberg@enron.com]
Sent: Thursday, May 17, 2001 11:19 PM
To: john.gray@greenmountain.com
Cc: Adriane.Schultea@enron.com; Tana.Jones@enron.com
Subject: RE: Confidentiality Agreement

John -

Unfortunately, I am out of the office and will not return until Monday,
5/21.  I will have our staff check where these other agreements may be, but
I am not confident that Net Works has an existing NDA with your company.
To make this search a bit easier, could you please advise me of the "other
dealings" you are referring to.

Thanks and thanks for your patience.

Mark
Senior Counsel, EWS
Phone:     713-345-8897
Facsimile: 713-646-3490
E-Mail:      Mark.Greenberg@enron.com
----- Forwarded by Mark Greenberg/NA/Enron on 05/17/2001 11:16 PM -----

                    Adriane

                    Schultea/ENRON@        To:     ""Gray, John"
<John.Gray@GreenMountain.com>@ENRON"

                    enronXgate
<IMCEANOTES-+22Gray+2C+20John+22+20+3CJohn+2EGray+40GreenMountain+2Ecom+3E+4
0ENRON@ENRON.com>
                                           @SMTP@enronXgate

                    05/17/2001             cc:     Tana Jones/HOU/ECT@ECT,
Mark Greenberg/NA/Enron@ENRON, smithtm6@bp.com@SMTP@enronXgate
                    12:54 PM               Subject:     RE: Confidentiality
Agreement

John,

This will be no problem.  I will have Mark Greenberg contact you when he
returns to the office tomorrow.  Hope we can resolve these issues in the
near future.

Again, please feel free to contact me with any questions or concerns.

Thanks,
Adri

    -----Original Message-----
   From:   "Gray, John" <John.Gray@GreenMountain.com>@ENRON

[mailto:IMCEANOTES-+22Gray+2C+20John+22+20+3CJohn+2EGray+40GreenMountain+2Ec
om+3E+40ENRON@ENRON.com]

   Sent:   Thursday, May 17, 2001 11:08 AM
   To:     Schultea, Adriane
   Subject:  Confidentiality Agreement

   Tim Smith said you  had a form of confidentiality agreement you had sent
   to him.  We have  taken the time to prepare and provide you a
   confidentiality agreement which  contains substantive provisions that
   have already been reviewed by your counsel  in our other dealings.  Many
   of the provisions are very similar both  agreements.  Therefore, please
   have your counsel review that document as  soon as possible.

   John K. Gray
   Assistant General Counsel
   Green Mountain Energy Company
   3815 Capital of Texas Highway South -- Suite  100
   Austin, Texas 78704
   Direct: 512-691-6127
   512-691-6100
   Fax: 512-691-6151


I certainly will, I know you can't wait to go home and begin your life!!!!


Houston has experienced catastrophic flooding. My flight has been cancelled.
It is conceivable that I could get out tomorrow, but I am wondering if I
should try.  I could still make the speech if we don't get more rain, but
given the lack of other reasons for me to go, I am considering cancelling.  I
don't think it makes much sense for me to go for a 15 minute speech.
what do you think?
phone 713.621.6550


Just wanted to keep you all informed of my recent discussions with Kinder
Morgan regarding potentially selling them 4 LM 6000's.  At first they were
interested in some of the development sites, but became more interested in
the equipment.  They are trying to get their hands on as many LM 6000's as
possible, because of their plant configuration utilizing 6 LM 6000's per
plant.  With my last dicussion as of yesterday (Tuesday the 5th), I gave them
the approximate price at which they could buy the turbines for - $15,000,000
per turbine.  Their comment was it was a little on the high side, but they
still sounded interested because of the quick time frame of receiving them -
1st Qtr. '01.  If they are still interested they will get back with me with a
non-binding term sheet within the next couple of weeks.  Please let me know
if you have any comments.  Thank you!
Ben


Dear Vince,

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

Best regards,
Oliver

Direct: +44 171 484 9880

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


Jane,
Since our meeting with you and Steve on Enron's worldwide view I have been
working on a document that pretends to be a starter kit on how to go about
changing the electric industry around the world.  The main idea is that there
is no standard recipe.  What I think is that we have to go to the policy
makers and try to convince them about change towards competitive electric
markets.  Then we can help them think through about the benefits of change
and the opportunity costs of not changing.  After that we would try to
understand, together with them (and they should know more), the difficulties
or challenges to achieve a vision of the electric inductry (that we should
try to develop with them).  Then we would help them design a strategy for
change and with implementation.  I am convinced that the closer we work and
the more we know about what is going on the better.

The document finally addresses specific issues and presents some discussion
points related to those isues as well as possible solutions.

You will recognize big chunks of this document as it builds upon your
Electric Continuum and on Mark Shroeder's group Competitive Electric Markets,
Key Factor For Success.

Opinions and suggestions are welcome and in fact the last part is something
that should grow over time.  In fact I have suggested that different people
develop on some of the issues.

I am attaching a copy of such document for your kind review and comments. It
has already been reviewed by Jim Steffes, Rick Shapiro and Margaret Carson.

Best regards,

Ricardo


Let's talk about these on Thursday.

Thanks,

Don
---------------------- Forwarded by Don Miller/HOU/ECT on 11/29/2000 06:26 PM
---------------------------

"Tang, David" <dtang@Cinergy.com> on 11/29/2000 06:21:15 PM
To: "Don Miller (E-mail)" <don.miller@enron.com>
cc: "Vivar, Art" <avivar@Cinergy.com>, "Giffhorn, Andy"
<agiffhorn@cinergy.com>, "Hoyos, Sergio" <sergio.hoyos@cinergy.com>,
"Whitehead, Robert" <rwhitehead@Cinergy.com>
Subject: Brownsville Site Visit

Don,

The following questions/requests came out of our visit yesterday:

1.  Provide forecast for the overhaul budget.
2.  Provide forced outage (trips) reports since inception which should
include details of hours out, reasons, etc.  From the limited info we have,
we are surprised by the higher than expected trips, at least at one of the
units.  Any proposed solutions?
3.  What is the latest info on complaints on noise from neighbors?  New
petitions; responses; etc.
4.  What were the hours of operation in 1999 and 2000?  There were some
conflicts in the various info provided.
5.  Was PSD every applied for?
6.  Unit #4 seems to be running right at the 25 ppm for NOx.  If it does go
over 25 ppm, does it violate any regulations, permits, promises, etc.?
7.  The actual O&M numbers are higher than budget (almost twice the budgeted
number).  What cause this?
8.  High bearing temperatures have cause trips.  We understand that Enron
recommended this to be considered a Warranty Item.  Was it ever resolved
under warranty.
9.  Why was utilization much higher with unit 1?

Thanks.

David


Probably.

-----Original Message-----
From: Nancy Sellers [mailto:Nancy.Sellers@RobertMondavi.com]
Sent: Monday, June 25, 2001 3:14 PM
To: 'Jeff Dasovich'; Prentice @ Berkeley; Prentice Sellers
Subject: will you babysit us?

Nancy
(707) 251-4870 (phone)
(707) 265-5446 (fax)
"Plus je bois, mieux je chante"


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


FYI - Please ask me if you have any questions.
---------------------- Forwarded by Lorraine Lindberg/ET&S/Enron on
12/05/2000 01:19 PM ---------------------------

Ramona Betancourt
12/05/2000 11:02 AM
To: Linda Trevino/ET&S/Enron@ENRON
cc: Lorraine Lindberg/ET&S/Enron@ENRON, Lindy Donoho/ET&S/Enron@ENRON

Subject: Re: TW's LFT changes

Linda,
Sorry it took longer than I thought to get back with you. Marketing had
several issues come up last week.

Here are the answers to your questions.

Item 1. Is this a contract waiver? I talked with Lorraine and here is what
Marketing wants: They would like the request form to be at a shipper level
(LE Level) that applies to all their new, current and future LFT contracts.
Since it will be a manual process, can you keep an LFT waiver log/book that
is at a LE level, then place a copy of this signed overrun request form in
each LFT contract file & change the flag to Yes on each active LFT contract
for that shipper?
Item 2. Can they change their mind on the waiver-if so would this require an
amendment to the contract? Answer - Yes they can change, so the field needs
to be date effective, but would like it to be an administrative amendment
with new request form signed by the shipper ( not an amendment through the
contract). This would be a change for all their LFT contracts since marketing
wants to keep it simple at an LE Shipper Level.
Item 3. Can the waiver be date sensitive? Answer -  Yes, Susan Scott will
review the request form and make any changes needed. I will forward a copy of
the draft I did to you and marketing and Susan to review.
Item 4. Is the contracts group suppose to be the keeper of the waiver? Answer
- Yes, Marketing suggested that a LFT Waiver book be set up, then also they
would like a copy of the signed request form to be in each LFT contract file.
Item 5. When is the shipper suppose to submit the waiver - at request time?
Answer - Yes at the time they are executing their first LFT contract. When we
have the system changes in production, I will let marketing know, & they will
advise the shippers of this new waiver.
Item 6. Where will the waiver reside? With the request, on the Web under
blank forms? Answer - Yes, on the web, under Contracts-blank forms for  TW.

Please let me know if you have any other issues.
Thanks Ramona

Linda Trevino
11/20/2000 10:28 AM
To: Ramona Betancourt/ET&S/Enron@ENRON
cc:

Subject: Re: TW's LFT changes

Have you heard back from anyone of the below?

Ramona Betancourt
11/10/2000 03:20 PM
To: Lorraine Lindberg/ET&S/Enron@ENRON, Lindy Donoho/ET&S/Enron@ENRON
cc: Linda Trevino/ET&S/Enron@ENRON, David Duff/ET&S/Enron@ENRON

Subject: Re: TW's LFT changes

Lorraine,
I talked with Linda Trevino this morning about  the LFT waiver & from what I
could remember we  decided to send the  form letter for the waiver  with the
LFT contract so it would be effective for the time frame of the LFT
agreement. The system should default to no waiver which means the LFT shipper
would be scheduled to zero when we call an LFT day at their point. If we have
the waiver, then the flag will be set to yes. During scheduling we will
schedule their LFT as overrun if capacity at the point was available. I do
not have a draft waiver form, but I can get a copy of one that NNG uses.  You
may want to address these issues from Linda. See her questions below.

Thanks Ramona

---------------------- Forwarded by Ramona Betancourt/ET&S/Enron on
11/10/2000 02:39 PM ---------------------------

Mary Darveaux
11/10/2000 01:34 PM
To: Linda Trevino/ET&S/Enron@ENRON
cc: Ranelle Paladino/ET&S/Enron@Enron, Ramona Betancourt/ET&S/Enron@ENRON

Subject: Re: TW's LFT changes

Thats more than a couple ?s.  I guess I would suggest that we talk to Ramona
and whichever TW Marketer sponsored LFT.  I guess I didn't see it as any more
than an interpertation of a nom as interruptible when LFT firm was not
available, but I can tell that you have many more concerns.

Linda Trevino
11/10/2000 11:00 AM
To: Ranelle Paladino/ET&S/Enron@Enron, Mary Darveaux/ET&S/Enron@ENRON
cc:

Subject: Re: TW's LFT changes

Yes but I have a couple of more questions:

Is this a contract level waiver?
Can they change their mind on the waiver - if so would this require an
amendment to the contract?
Can the waiver be date sensitive - meaning yes today, no tomorrow?
Is there a draft of the waiver yet?
Is the contract group suppose to be the keeper of this waiver?
When is the shipper suppose to submit the waiver - at request time?
Where will the waiver reside?  With the request, on the Web under blank forms?

Let me know.

Thanks

Linda

From: Ranelle Paladino on 11/10/2000 10:49 AM
To: Linda Trevino/ET&S/Enron@ENRON
cc:

Subject: Re: TW's LFT changes

Linda,
Does Mary's response give you enough information?
Ranelle
---------------------- Forwarded by Ranelle Paladino/ET&S/Enron on 11/10/2000
10:47 AM ---------------------------

Mary Darveaux
11/10/2000 10:46 AM
To: Ranelle Paladino/ET&S/Enron@Enron
cc:

Subject: Re: TW's LFT changes

NNG was included in this discussion prior to our rejection order.  No longer
pertains to NNG -   I am familiar with this issue.  The situation was
described to me as follows:   Shipper has a standing nom for a month.  i.e.
a firm 100/day at a receipt point.  sometime during the month we call a LFT
day at the receipt point,  the nom would automatically become an
interruptible nom for the LFT which may or may not be scheduled,  but the key
is that the Shipper does not have to watch the notice and make a specific
nom.  Does that answer your questions?

From: Ranelle Paladino on 11/10/2000 10:30 AM
To: Mary Darveaux/ET&S/Enron@ENRON
cc:

Subject: Re: TW's LFT changes

Mary,
Linda called asking about these enhancements--specifically why is NNG
included in an LFT enhancement and did we know about this overrun provision
on LFT days.  Are you familiar with this?
Ranelle
---------------------- Forwarded by Ranelle Paladino/ET&S/Enron on 11/10/2000
10:28 AM ---------------------------

Linda Trevino
11/10/2000 10:24 AM
To: Ranelle Paladino/ET&S/Enron@Enron
cc:

Subject: Re: TW's LFT changes

---------------------- Forwarded by Linda Trevino/ET&S/Enron on 11/10/2000
10:23 AM ---------------------------

Ramona Betancourt
11/09/2000 12:53 PM
To: Linda Trevino/ET&S/Enron@ENRON
cc: Gerry Medeles/ET&S/Enron@ENRON, Sheila Nacey/ET&S/Enron@ENRON, David
Duff/ET&S/Enron@ENRON, Rick Dietz/ET&S/Enron@ENRON

Subject: Re: TW's LFT changes

Linda,

Here is the document. It posted out on the ET&S website for the Electronic
Business Development unit under Enhancement Request In Progress Item # 523.
The flag we must add to contracts is need when a shipper is granting us
arthorization to schedlue their LFT firm gas as overrun on days when LFT
service is not available.
Please review and get with me on Friday. Legal and regulatory have approved
this scheduling of overrun volumes for LFT contracts for both NNG and TW so I
think we will need to add the flag indicator to both contract systems.

Thanks Ramona


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
----- Forwarded by Sara Shackleton/HOU/ECT on 03/20/2001 12:59 PM -----

	"Yaish, Yair (OGC)" <YYaish@exchange.ml.com>
	03/19/2001 01:59 PM

		 To: "'kpolozie@mwe.com'" <kpolozie@mwe.com>, "Yaish, Yair (OGC)"
<YYaish@exchange.ml.com>, Janice.R.Moore@enron.com, sshackl@enron.com,
TeiglandL@sullcrom.com, gilbergd@sullcrom.com, "McMurray, Locke (OGC)"
<LMcMurray@exchange.ml.com>
		 cc: ppantano@mwe.com, rpaul@mwe.com, darezina@mwe.com
		 Subject: RE: Transfer and Assumption Agreement.

Attached are my comments to the transfer agt.  I think it makes sense to
attach the form of each side letter to the agreement for clarity.

I have just gotten off the phone with Lauren and Ken Blasko.  There were
minor comments to LOC Facility that have been faxed to ABN Amro.  We expect
that ABN Amro will execute the LOC shortly as soon as they pick up the fax.

The LOC will be sent to Lauren.  If there are no further commetns to the
various contracts, we shoudl be prepaerd to exchange signature pages upon
conclusion of the LOC Facility.  Lauren will send the LOC together with the
Side Letters to Enron and Kate.

Lauren is the ALlegheny point person.  Pls direct all correspondence to her.
Locke, should signature pages be sent to you as well as to Kate?

Janice and Sara, to whose attention and which number should all
correspondence be directed?

Thank you all for your cooperation and help in moving this toward closing.

-----Original Message-----
From: kpolozie@mwe.com [mailto:kpolozie@mwe.com]
Sent: Monday, March 19, 2001 1:26 PM
To: YYaish@exchange.ml.com; Janice.R.Moore@enron.com; sshackl@enron.com;
TeiglandL@sullcrom.com; gilbergd@sullcrom.com; LMcMurray@exchange.ml.com
Cc: ppantano@mwe.com; rpaul@mwe.com; darezina@mwe.com
Subject: Transfer and Assumption Agreement.

Ladies and Gentlemen:

Attached please find the revised Transfer and Assumption Agreement.  Please
note
that in the interest of time I am sending this document to all parties
simultaneously, thus there may be additional comments.  For your convenience,
I
am attaching both a clean copy and a marked version showing changes from the
most recent draft you received.

Best regards,

Kate Polozie

Katarina B. Polozie
McDermott, Will & Emery
kpolozie@mwe.com
(202) 756-8130
(See attached file: WDC99_407041_1.DOC)

(See attached file: WDC99_406261_8.DOC)

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

This message is a PRIVATE communication.   If you are not the intended
recipient, please do not read, copy, or use it, and do not disclose it to
others.  Please notify the sender of the delivery error by replying to this
message, and then delete it from your system.  Thank you.
******************************************************************************
*******

For more information on McDERMOTT, WILL & EMERY please visit our website at:
http://www.mwe.com/

 - Transfer Agt -- YY comments 3.19.01.doc


FYI

Jack Clark

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Date: Thu, 07 Dec 2000 00:36:52 -0500 (EST)
From: WewerLacy@aol.com
Subject: IRS Proposed Regulation of Speech on Nonprofit's Internet Sites
To: undisclosed-recipients: ;
Message-id: <5a.e02fe16.27607bf4@aol.com>
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Clients and friends:

    Nonprofit organizations that maintain websites will want to know that the
IRS is considering regulating nonprofit Web speech.  Public comments are
being sought by the IRS on these proposed new rules for nonprofits.

    The Internal Revenue Service has released "Announcement 2000-84"
soliciting public comment on possible new regulations for charities, think
tanks and educational organizations.

    Among the questions the IRS is addressing in its review of exempt

organization's speech on their Internet sites is:

"Does providing a hyperlink on a charitable organization's website to

another organization that engages in political campaign intervention result

in per se prohibited political intervention?"

"To what extent are statements made by subscribers to a forum, such as a

listserv or newsgroup, attributable to an exempt organization that

maintains the forum?"

"Does a website constitute a single publication or communication? If not,

how should it be separated into distinct publications or communications?"

House Majority Leader Dick Armey, R-Texas, has issued a statement

condemning the IRS' consideration of new regulations for the Internet.

"The IRS has no business getting involved in whether a think thank has

links on its website, or how often a charity's site is updated," he said.

"The idea of turning the tax man into a Net cop would have a chilling

effect on free speech on the Internet. I'm glad the agency has not taken

any regulatory action yet. But let's be clear about this. We will be

watching what they do, and we will not tolerate any backdoor attempt to

regulate the Internet."

The public comment period on this issue will close Feb. 13, 2001, according

to the IRS announcement. Comments are to be directed to Judith E. Kindell,

the principal author of the announcement, at the IRS, 1111 Constitution

Avenue NW, Washington, D.C. 20224.

We hope you find this information of interest.  As always, if we can answer
any questions, please contact us.

Sincerely,

James V. Lacy
Wewer & Lacy, LLP

CONFIDENTIALITY NOTICE: The information contained in this communication and
any
accompanying document(s) is protected by the attorney-client and/or the
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contact the sender at our email address above.  Thank you.


FYI

R.
----- Forwarded by Roseann Engeldorf/Corp/Enron on 10/20/2000 12:48 PM -----

	"Thomas Vega-Byrnes" <TByrnes@winston.com>
	10/13/2000 05:49 PM

		 To: <Robtaylor@andrews-kurth.com>, <Cheryl.lipshutz@enron.com>,
<kevin.joyce@enron.com>, <Mary.cilia@enron.com>, <Mary.kimball@enron.com>,
<mike.morrison@enron.com>, <Rob.g.gay@enron.com>,
<roseann.engeldorf@enron.com>
		 cc: <benno_beck@westlb.com>, <Esra_bozkurt@westlb.com>,
<Frederik_aldin@westlb.com>, <John_ryan@westlb.com>,
<sandeep_khare@westlb.com>, "Andrew McDonough" <AMcdonou@winston.com>, "John
Lorentzen" <JLorentz@winston.com>, "John Schloerb" <JSchloer@winston.com>,
"Timothy Oxley" <TOxley@winston.com>
		 Subject: Final RioGen CAA Term Sheet

At the request of John Ryan, please find attached the final agreed
text of the CAA Term Sheet, ready for attachment to the Letter of
Intent, which will be circulated shortly.

The attached redline compares against the draft circulated earlier
today by Mike Morrison.

best regards,

Tom Vega-Byrnes
Winston & Strawn
35 W. Wacker Drive
Chicago IL 60601
tel 312-558-6333
fax 312-558-5700
mobile 773-230-0228
tbyrnes@winston.com
Contents privileged.  If message has been received in error, please
destroy without reading.  Message should not be forwarded without the
permission of the author.

 - RioGen Term Sheet (13 Oct redline).doc
 - RioGen CAA Term Sheet (Final - 13 Oct).doc
 - Thomas Vega-Byrnes.vcf


Due to some problems with my email yesterday, I may not have received your
RSVP.....please excuse any confusion this may have caused.

RSVP REQUESTED!

The Environmental Strategies Group will convene an "Emissions Strategy
Meeting" on Friday, May 18 to discuss global emissions issues -- such as air
quality regulation, climate change and U.S. multipollutant legislation -- and
explore some of the potential business opportunities for Enron commercial
groups.

WHEN:  Friday, May 18
TIME:   10:00 am - 3:00 pm - lunch will be provided
WHERE:  Enron Building, 8C1 (8th floor)

A video conference is being organized to enable broad participation from the
London office and a teleconference will be set up for others who would like
to call in.

The primary objectives of the session are to 1) provide you with the latest
information on emissions regulation, markets, and Enron's advocacy efforts
worldwide and 2) receive feedback on your commercial interests and input on
policy options so that we may develop the best business and policy strategies
for Enron in both the short and long term.  We invite you or a member of your
group to participate in this important strategic discussion.

Please RSVP as soon as possible and let us know if you plan to participate in
person, via teleconference or via video conference from the London office.

An agenda is forthcoming.  If you have any questions or suggestions in
advance of the meeting, please do not hesitate to contact me or Jeff Keeler.

We look forward to your participation.

Lisa Jacobson
Enron
Manager, Environmental Strategies
1775 Eye Street, NW
Suite 800
Washington, DC 20006

Phone: +(202) 466-9176
Fax: +(202) 331-4717


Attached please find the letter announcing the "name changes". We have not
included the bit about ECT Canada's certificate since we don't have the
capability to send it out tomorrow with the fax and furthermore, it is
obvious that the counterparty can ask for it if they want it.

Let's try and get this faxed out as soon as possible tomorrow. Could you
please walk a copy to me once it is printed up on Enron letterhead so I can
give it to the Confirmation Desks with whom I work which are not automated.

Any questions, please call me (x39477) or Sara Shackleton (x35620), another
ECT Legal Atty.

Many thanks,

Shari Stack


For anyone else who needs it.

Bev
---------------------- Forwarded by Beverly Beaty/HOU/ECT on 11/27/2000 11:01
AM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "Victor Haley" <Victor.Haley@dvn.com>
11/27/2000 11:27 AM

To: <beverly.beaty@enron.com>, <carlos.j.rodriguez@enron.com>
cc:
Subject: CO-OWNER VOLS 12/00

CO-OWNER VOLS  12/00

 - 1200Co-Owners Volumes to Enron.xls