Upsides/Downsides ,
 Please see attached upside/downside list for ETS Operations.  I have shown a sub-total for the items we will be including in our 1st Current Estimate per Phil's request.  The additional stretch target MAY be achieved with a portion of the additional potential items listed.  We will be publishing this report monthly and submitting it to ETS with each forecast.

Please notify me whenever you have revisions or additions to this list.
 
Thanks!  Elaine
phil.lowry@enron.com, rick.craig@enron.com, don.hawkins@enron.com, 